Indianapolis Times, Volume 44, Number 126, Indianapolis, Marion County, 5 October 1932 — Page 24

PAGE 24

WHEAT MOVES OFF ON BREAK IN SECURITIES Buflfsfi Effect of Hoover : Speech Lost in Early Deals. BY ELMER C. WALZER Press Financial fdit nr Chicago, oct. s. —a sharp break In stocks and weakness at Liverpool more than offset the bullfeh features of President Hoover’s &ddress at Des Moines as the Board bi Trade opened today, and wheat f?r)ces broke more than a cent. The trade was somewhat disappointed by the failure of the President to sanction the entire repeal b£ the farm marketing act and the disbanding of the farm board. Corn Was off a major fraction with wheat but oats and rye were slow and ftasjk Opening Is Lower At the opening wheat was % cent to 1% cents lower, com was % cent to 7 4 cent lower, oats *4 cent lower and rye 1 * cent lower. Provisions were steady. Liverpool failed to respond to the advance in North America Tuesday arid declined J 4 to V* cent by midafternoon. The grain trade was inclined to accept the President's speech as a constructive factor, his twelve-point program appearing encouraging to agriculture while his reference to a general upturn now under way was thought would improve sentiment. The strength at Winnipeg so far this week in the face of continued large movement is attracting attention. Buying Is Expected The trade is of the opinion that the present low prices for corn should result in investment buying, especially if there is a further decline. Activity in cash circles Tuesday offset any tendency of futures to recede. Oats remained quiet with the tone steady, as at these levels the trade is afraid of the selling side. Rye is inclined to fluctuate more erratical£v. but general is holding to the sajne course as wheat.

Chicago Grain

Oct. 4 Primary receipts. Wheat 1.191.000 Corn 969,000 Oats 255,000 Futures Range —Oct. 5 WHEAT— Prev. High. Low. 1100 close December ... .53% .52% .52% .54% Mv 58 .57% .57% .59% Julv 59 .58% .59 .60% CORNDecember ... 27% .26% .27% 28% Mav 32% .31% .32 .33 Jltfv 33% .33% .33% .34% OATB- - December ... .17% .16% .16% .17% Mfcv 20 .19% .19% .20% IRYE December ... .35 1 a .35 .35 .35% Mkv 37% .38% LARD— January ... 4 37 4 40 MftV 4 47 4.52 By T nnes Special CHICAGO, Oct. 5.- Carlols: Wheat. 29; com. 316; oats, 34; rye, 2, and barley 10. By l nited Press CHICAGO. Oct 4 Cash grain close: Wheat--No. 3 red. 52%c; No. 2 hard. 53%c; No: 3 weevily. 53%c; No. 2 northern, 54c; No. mixed, 52%c; No. 3 mixed. 52%®52-%c. Corn—No. 1 mixed, 27%c; No. 2 mixed, 27%®27%c: No. 4 mixed, 26 %® 27c; No. 5 mixed. 26%c: No. 1 yellow, 27%®27%c; NO. 2 yellow, 27%®28r; No. 3 yellow, 27x® 27%c; No. 4 yellow, 26%®27c; No. 5 yellow. 26%c; No. 6 yellow, 26%c; No. 1 white, 27%®27%c; No 2 white. 27%® 27%c. Oats—No. 2 white. 17®17%c; No. 3 white, 16%®16%c. Rye—No. 2. 40c. Barley—24® 38c. Timothy—s2.2s®,2.so. Clover—7® 8.50. By United Press IrOLEDO. Oct. 4.—Grain close: Grain itp elevators, transit billing: Wheat No. 2 red, 56®57c. Corn—No. 2 yellow'. 32%®; 3J%c. Oats—No 2 white. 20%®21%c. Rye—No. 2. 43%®44%c. Track prices, 23%c rate: Wheat No 2 red. 51%®52c; No- 1 red. 52%® 53c. Corn -No. 2 vellow, 28® 29c; No. 3 vellow, 27® 28c. Oats- No. 2 <4Vhite, 17%®18%c; No 3 white. 16%® I>%C. Barley—No. 2. 31b/32c. Seed close: Clover—Cash, $5.60® 5.65. Alsike—Cash, S,TSO®S 85. Produce Butter—2sc. Eggs—--23j2®24c. Hay—7oc per cwt.

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds. 12c: Leghorns. Bc. Broilers, colored springers. 1% pounds up. 10c; baTebacks and partly feathered. 7c. Leghorn and black. 1% pounds up. 8c; Cocks and stags. sc: Leghorn corks, 4c. Ducks, large white full feathered and fat. sc; small full feathered and fat, 3c. Geese, full feathere and fat, sc. Young Guineas. 35r ea : old guineas. 25c. Eggs—Approved btiVlng grades of Institute of American. Fmiltrv Industries No. 1. 23c; No. 2. 181; No. 3.10 c. Eggs— Country run. loss off. 18 Butter. 22 to 23c; ttndergrades, 20 to 21c: butterfat, 18c. These prices for healthy stock, free from feed. No sick poultry accepted. Quoted by th# Wadley Company. By United Press CHICAGO, Oct. s.—Eggs- Market, unsettled. receipts. 4.134 cases; extra firsts. 24'1|24%c: firsts. 23®23%c; current receipts, 19®22%c; dirties, 12® 19%c. Butt@r_Market, unsettled; receipts. 5,759 tubs; extras 20c. extra firsts. 19®!9%c; firsts. YNdlßc; seconds. 15® 16c; standards, 19%c. Poultry—Market steady: receipts. 38 trucks; fowls. 11® 15c; springers. 11® 13c; Leghorns. 9%c: ducks. 10® 12%o; geese. 9c: turkevs. 10® 14c: roosters. 9%c Leghorn broiler*. 10c. Cheese—Twins, 12%®' i£%e; Young Americas. 12%® 13c. Pota-toes-On track. 336: arrivals. 81: shipments, 441: market, steady to firm; Wisconsin and Minnesota Cobblers. 60® 65c; Minnesota Early Ohio.*. 55060 c; North Dakota Red River Ohios. 65® 70c: South Dakota Earlv Ohios. 62%®65c; Idaho Russets. si.os'ei is. By United Press NEW YORK. Oct. s.—Potatoes, steady: Long Island, 50c®$1 60 barrel; New Jersey 75c®*1.35: Maine, *1.25® 150 barrel; Idaho. $2 55W2.50 sack. Sweet potatoes, steadv; Jersey, basket. 75c® sllO. southern. "barrel. *1.13® 1.50: southern, basket. 40c®'75c. Flour—Quiet; springs, patents. *3.80® 425 barrel. Pork Quiet: nress. *16.25 barrel. Lard—Steady; middle west spot $5.05®5.75 per 100 lbs. Petroleum— Easy: New York refined, 17c gallon; crude Pennsylvania. *l22® 1.72 barrel. Grease - Steady; brown. 2%®2%c lb: vellow. 2% 03%c lb.: white, 3%(®4%c lb. TallowQuiet; special to extra. 3%®3%c lb. Com-mon-Hides. dull; hides, city packs* easv; native steers. 7%c: butt brands. 7c; Colbrados, 6%c. Dressed poultrv-Quiet; turkey* 14036 c; chickens. 12®22c; broilers. 13®34c; fowls, 10® 20c; Long Island ducks. 14016 c. Live poultry -Easv; geese 8® 14c: turkeys, 20®28c; roosters, 10c: ducks. 9 ®3oc. fowls. 818 c: chickens, pullets, 17 023 c. Cheese—Steady; young America. 13%017'aC. Butter- Market easier: creamery. higher than extras 21®21%c; extra. 92 score. 30%c: firsts. 91 score. 20c; firsts 88 to 89 score. 18® 18%c; seconds. 17® 17%c. Eggs Market, steady; special packs Including unusual hennery selections. 30 033 c; standards. 26® 28c; rehandled receipts. 24® 24 %c. By railed Press CLEVELAND. Oct. s—Butter, market unsettled; standards. 19%c. Egg*-un-settled: exarts. 26c. exia firsts, 22%c; current receipt*. 21c. Poultrv Stesdv. colored fowls. 16c: leghorn broilers, io® 11c; heavy rump broilers. 14® 15c; i-olored broilers. 14®15c: leghorn broilers. 11; medium broilers. 12c; rock broilers. 13® 14c; ducks, 10011 c: old cocks. 10c: geese ll 013 c. Potatoes—Ohio. No. 1. cobblers, partly graded. 100-lb. sacks. 85®'90c Ohio and New York sacks, a bushel, cobblers, partly graded, mostly 45c: few higher; Ohio 35-lb. sacks, few sacks at 27c, In the Air Weather conditions at 9 a. m.: Northwest wind, 10 miles an hour; temperature, 44; barometric presaure, 29.98 at sea level; ceiling, overcast, lower broke clouds, sprinkling, estimated 3,000 feet; visibility, 8 miles; fieldj good.

New York Stocks CBi Thomson * McKinnon >

- OCt S~ Prev. Railroads— High. Low 11:00. close Atchison 53% 51 1 a SI % SIS Atl Coast Line.. .. ... 28 29 Balt St Ohio . .. 16’. 16'a 16% 16% Chcsa. St Ohio.. 23V 22V 22V 24 Chesa Corp ... .. 15V Can Pac 16% 16V 16% 16% Chi Ort West ... 4% ... Chi N West 9% 9% 9% 9% C R I * P ... S’ 2 Del L At W 38% 35% 36% 38% Del At Hudson ... ... 74 Erie 8 7% 8 8 Oreat Northern . 17% 16% 16% 17V Illinois Central 19% Kan City So 11 Lou At Nash ... . 28 M, K At T 9% 9% 9% 10 Mo Pacific 7 7 Mo Pacific pfd ... 11’. N Y Central 28% 27V 27% 28V Nickel Plate 4 NY NH At H 19 19% Nor Pacific . . 22% 21 21% 22% Norfolk At West. ... 103 103 V OAt W 10% 10 10 10% Pennsylvania .. 19 18% 18% 19 Seaboard Air L.. .. % V So Pacific 27% 25% 25% 27% Southern Ry ... 12V 11% 11% 12 St Paul 3% St Paul pfd 5 5V St L At 8 F 3 Union Pacific .. 74% 71% 71% 74% Wabash ... ... 3 W Maryland 8% 8% Equipments— Am Car At Fdy.. .. ... ... u% Am Locomotive ... jj Am Steel Fd io Am Air Brake 8h 14% ~. Gen Am Tank.. .. ... 20 20% General Elec ... 18% 18 18 18% Poor At Cos ... . 41 4 Pullman 26 24% 24% 25% Westlngh Ar B. .. . 16 Weatlngh Elec... 36V 34% 34% 36% Rubber*— Firestone 12% 12% 12% 13 Fisk 14 Goodrich 7 8% 8% 6% Goodvear 20% 18% 18% 19% Lee Rubber .... 8% 8V 6V 6% U 8 Rubber .... 6% 6% 8% 7 Motors— Auburn 55% 52% 52% 55 Chrysler .... 8% 8% 6’, 17% General Motors 17 15% 15% 16% Graham-Palge... 32% 2% 3 Hudson , . . , 714 HUPP 3% Mack 24% Marmon . .... 2% Nash 15% 15 15 15% Packard 3% 3% 3% 3% Reo ... 2T„ Studebaker 8% 8% 8% 'B% White Mot 24% 24% 24% 24V Yellow Truck .. 5% 5% 5% 5% Motor Access— Bendlx Aviation 14V 13% 13% 14V Borg Warner ... 11% 10% 10% 11% Briggs 8 V 6% Eaton 7 6% 6% 7% El Auto Lite ... 21 20% 20% 21% El Storage B 25 25% Hayes Body 2 V 2% Hotttfci : .. 3% Motor Wheel ... .. . 4% Murray Body .. 5 4% 4% ‘ail Sparks W 2% 2% Stewart Warner s% Timkin Roll ... 18 17 i7 18% Mining— Am Metals , . (i/ 4 Am Smelt 18% ii% 17% 'is% Anacandoa Cop 12% 11% 11% 12% Alaska Jun 10% 10% • 10% 10% Cal At Hecla ... ' 5% Cerro de Pasco., 9% 9 "9 97 Dome Mines 11% Freeport Texas .. 25 24% '24% 25 Granby Corp ... 77, Great, Nor Ore.. .. ... "" a Int Nickel 9% 9% 9% 9% Inspiration ... .. , 4s, Kennecott Cop.. 13% 13% i2% 13% Magma Cop 9 Miami Copper “ 414 Nev Cons '6% §7/ NoNranda 18% 18V 18V 18% Texas Gul Sul.. 22% 22% 22% 22% U S Smelt 17% Oils— M Amerada ... 20% 21 Vi Atl Refining... 17% 16% 16% 17% Barnsdall ... ~ 5 Houston 3% 3% 3% . Sbd Oil 13 Vs 12% 12% 13 Mid Conti 6 Ohio Oil 8% Phillips 5% 5% 5% 5V Pure Oil 4% 4% Roval Dutch .. 21 Shell Un .... 6% 6% 6% 6% Simms Pt ... .. 6 Cons Oil 6 s 4 6% 6% 6% Standard of Cal .. ... 25% 25% Standard of N J 30% 30% 30% 30% Soc Vac 9V 9% 9% 9% Texas Cos 13% 13% 13% 13% Union Oil 12 12 Steels— Am Roll Mills.. 15 13Vi 13% 14% Bethlehem 23 % 22% 22% #l% Byers A M 19% 18% 18% 18% Colo Fuel ... ... 10 Inland 193,, Ludlum 9 McKeesport Tin 50% 49V 49 V• 51 Midland 8 7% 7% 8% Repub I At 5.... 10 9% 9V 10 U S Steel 42% 40% 41 42% Vanadium 18 17% 17V 18% Youngst S At T 19% Tobaccos— Am Tob IAI new .. ... 76% ... Am Tob tß> new 79'% 77V 77V 79% Lig At Myers (Bi 66 64% 64% 66% Lorillard 16 15% 15% 15% Reynolds T0b.... 34% 33% 34 34% United Cig ... % 14 Utilities— Adams Exp 7% 7 7 7% Am For Pwr 10% 10 10 % 10% Am Pwr St Li... 12% 12 12% 12% A T At T 112% 109% 110 112% Col Gas At E 1... 17% 16% 16% 17 Com Ai Sou . 3% 3% Cons Gas 61% 59% 60 60% El Pwr At LI 11% 10V 10V 11% Gen Gas A 1% 1% Inti TAt T 12% 12 12V 12% Lou Gas Ar E! 20% Natl Pwr At Li. 16% 16% 16% 16% No Amer Cos ... 34% 33 33V .34% Pac Gas At El.. 30% 29% 29% 30% Pub Ser N J 51 49 Vi 51 52 So Cal Edison.. 28% 27% 28% 28% Std G Ar El 21% 20% 21 22% United Corp ... 11% 10% 10% 11V* Un Gas Imp ... 19% 18% 10% 19% Ut. Pwr At L A,. 6 5% 5% 6 West Union .... 39 35% 35% 39 Shipping— Am Inti Corp.... 9% 8% 8% 9 N Y Ship 3% 33 United Fruit 22 23 Foods— Am Sug 26 26% AOrmour A 1% 1% Cal Pkg 14 V 13% 13% 13% Can Dry 11% 11% 11 Vs 11 Childs Cos 6 Coca Cola ... ... 97% Cont Baking A.. .. ... ... 5% Corn Prod 53 51% 51 % 52 Crm Wheat '. ... 25% 26% Cudahy Pkg ... ... 30 Cuban Am Sug.. .. ... ... 2Vs Gen Foods 31% 30% 30% 31 >4 Grand Union ... ... 7% Hershey ... 60 ... Kroger 16% 16% 16% 16% Nat Biscuit. 42 40% 40% 41% Natl Dairy 21 .20 20% 20% Purity Bak ... ... 11 Safeway St 51% 50% 50% 52% Std Brands 15% 15% 15% 15% Drugs— Coty Inc ... 4% 5% Drug Inc 38% 37% 38% 39 Lambert Cos 39% 39 39 40 Lehn At Fink 17% Industrials— Am Radiator ... 9% 9% 9% 9% Bush Term .. ... 7 7 Certainteed ... ... 2% Gen Asphalt ... ... 10 Otis Elev 15% 14% 14% 15% Indus Chems— Air Red 57% 55% 56% 59% Allied Chem 80 77% 78 80% Com Solv 11% 11 11 11% Dupont .. 41% 39 39% 41% Union Carb 28% 27- 27% 28% U S Ind Alco ... 31% 30% 30% 31V Retail Stores— Assoc Dry Gds 8% Kresge S S 12% 12 12 12% May D Store ... ... 16% Mont Ward 16V 14% 15% 15% Penny J C 24% 23% 23% 24% Schulte Ret St 2 Sears Roe 25 22% 23% 24% Woolworth .... 39% 38% 38% 39% Amusements— Eastman Kod .. 54% 57 53V 54% Fox Film A .... 3% 3% 3% 3% Grigsby Gru . ... 1% Loews Inc ... ... 32% Param Fam .... 5% 4% 4% 5 Radio Corp .... 9% 9 8% 9% R K O 4% 4% 4% 5V -Warner Bros ... 3% Miscellaneous— Congoleum 10% Proc At Gam 33% Allis Chal 11% 10% 10% li% Am Can 54% 52% 53% 54% J I Case 53% 52% 52% 54% Cont Can 34% 34 34 34% Curtiss Wr ... 2% 2% Gillette SR... 19% 18% 18% 19% Gold Dust 19 18% 18% ’ 19% Int Harv 29% 27% 28 29% Int Bus M 100 Real Silk ... 5% .. .> Un Arcft 30’s 28% 29 V 30% Transamerica .. 6 5% 5% 6

Chicago Fruit

Bi/ l nited Prra* CHICAGO, Oct. s.—Fruit quotations: Apples—lllinois Jonathans bushel. $1 <d 1 2.V Michigan Wealthies bushel. 90c'oSl; Mclntosh bushel. 90c*i$l. Wolf Rivers bushel. 75c4r$l. Canteloupes—Western flats. 60c'<i*l: Honey Dew melons. SScvi Sl.-iS. Pears —Michigan Keepers bushel, 75c Peaches —Michigan Elbertas bushel. 90c <n *1.15. Grapes—4-quart Concords Michigan, 20 Or 21c New York Liberty Bonds —Oct. 4 Close Libertv '47 101.11 Liberty Ist 4'<s '47 102.22 Liberty 4th 4’s 38 103.19 Treasury 4*s 52 108.18 Treasury 4s 54 104.21 Treasury 4s '54 104.21 Treasury 3 ,s 56 102 17 Treasury 3 3 s 47 100 22 Treasury 3\s '43 (Marchi 100.29 Treasury 3\s '43 (June* 101. Treasury 3>s '49 98 2 Treasury 3s '55 96.21 NEW YORK COFFEE RANGE ' High. Low. Close. March . . 6no Julv 5 83 5 65 5.73 September 5.70 5.59 5.iU December 6.59 6.30 6.50

SWINE PRICES STEADY TO 5 CENTSLOWER Action Limited in Cattle Trade; Sheep Hold Unchanged. Hogs were steady to 5 cents lower this morning at the city yards, the loss shown on weights over 200 pounds. The bulk, 100 to 300 pounds, sold for $3.75 to $4 05. Top price was $4.10. Receipts were estimated at 6,500; holdovers were 124. Action was limited on all classes in the cattle market with finished steers steady and all others under pressure. Receipts were 1,000. Veaiers were unchanged at $6 down. Calf receipts r\umbeted 500. Sheep were steady, selling mostly at $5.25 down. Top price was $5.50. Receipts numbered 600. At Chicago a higher trend was apparent in the asking, holders wanting 10 cents above, Tuesday’s average. Early bids and sales were around steady; 180 to 240 pounds, $4 to $4.10; best held upward to $4.20. Receipts were 16,000, including 4.000 direct. Holdovers were 4,000. Cattle receipts were 9.000; calves. 1.500; market holding steady. Sheep were unchanged with new' arrivals of 15,000. „ „ HOGS S*pt. Bulk. Top. Receipt*. 28. *3.955 4.20 SOS 6.000 29. 3.9541 4.20 4.25 8,000 30. 3.95<§ 4.20 4.25 5,000 Oct. 1. 4.0048 4 25 4.30 • 1,500 3.3 8048 4.10 4.10 8.000 4. 3 80® 4.10 4.15 6,000 5. 3.75® 4.05 4.10 6.500 HOGS Receipt*. 6.500; market, iteady. (140-160) Good and choice * 3.90® 4.00 —Light Lights—-(l6o-180) Good and choice..., 4.00 —Light Weights—--1180-200) Good and choice ... 4.00 (200-220) Good and choice... 4.05® 4.10 —Medium Weight—--1220-250) Medium and g00d... 4 05® 4.10 (250-290) Good and choice ... 3.95® 4.10 —Heavy Weights—-(29o-350) Good and choice... 3.75® 3.95 —Packing Sows—-(3so-500) Medium and g00d... 3.00® 3.50 (100-120) Slaughter pigs 3.85 CATTLE Receipts, 1,000; market, steady. Good and choice * 7.00® 9.50 Common and medium 3.50® 7.00 (1,000-1,800) Good and choice [email protected] Common and medium 5.25® 7.25 —Heifers— Good and choice 5.75® 7.50 Common and medium 3.00® 5.75 —Cows— Good and choice 3.25® 4 50 Common and medium 2.50® 3.25 Low cutter and cutter cows.. I.oo® 2.50 —Bulls (Yearlings Excluded)— Good and choice beef 3.00® 3.75 Cutter, common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts. 500; market, steady. Good and choice $ 5.50®6.00 Medium 4.00® 5.50 Cull and common 2.50® 4.00 —Calves— Good and choice 4.25® 6.00 Common and medium .7.00® 4.25 —Stocker and Feeder Steers— Good and choice 5.00® 6.25 Common and medium 3.50® 5.00 (600-1,500) Good and choice 5.00® 6.25 Common and medium 3.50® 5.00 SHEEP AND LAMBS Receipts. 600; market, steady. Good and choice $ 4.75® 5.50 Common and medium 2.50® 4.75 Ewes, medium and choice .... I.oo® 2.00 Cull and common 50® 1.00 Other Livestock By t ailed Press ..CHICAGO, Oct. s.—Hogs—Receipts. 16.000 including 4,000 direct: steady, to 5c higher: packing sows. 5® 10c up: 180-280 lbs.. $4®4,10; top, 54.15; 140-170 ibs., $3.65 s's. 4 • R ooc l PiBS, $3.35®3.50; packing sows, $3®3.35; smooth lightweights, *3.40® 3.70; light lights, 140-160 lbs., good and choice. $3.60®4; lightweight, 160-200 ibs., good and choice. $3.7508 4.15; medium weights, 200250 lbs., good and choice, [email protected]; heavyweights, 250-350 lbs., good and choice, $3.55® 4.10; packing sows. 275-500 lbs., medium and good, $2.90® 3.70; slaughter pigs, 100-130 lbs., good and choice. $3.35®) 3.75. Cattle—Receipts, 9,000; calves 1,500; better grade fed steers and yearlings predominating in run, trade very slow and mostly weak to 25c lower; other killing classes steady to 25c off: very few steers sold, strictly choice medium weights, $10; slaughter cattle and vealers: Steers, 600900 lbs., good and choice, $7®9.25; 9001.100 lbs, good and choice, s7® 9.50; 1 1001,300 lbs., good and choice. $7.25®10: 1,3001,500 lbs., good and choice. $7.50@10 : 6001,300 lbs., common ahd medium. $3.75®} 7.50; heifers. 550-850 lbs., good and choice, $5.75®8.25; common and medium. $2.75®6; cows, good and choice. $3.25® 4.50; common and medium, $2.50®3.25; low cutter and cutter cows, $1.5002.50; bulls, yearlings excluded, good and choice, beef, 53.25® 4.75; cutter to medium, $2®3.25; vealers, milk fed, good and choice. ss®6; medium, s4@s; cull and common. s3® 4: stocker and feeder cattle: Steers, 500-1,050 lbs., good and choice. *[email protected]; common and medium, $3.50® 5.25. Sheep—Receipts, 15,000; slow, around steady; bulk native lambs. $4.75®5: few early at $5.35; best range lamsb held above $5.25; sheep steady; feeders mostly $4.75®4.90; slaughter sheep and lambs: Lambs, 90 lbs. down, good and choice. $4.75®5.65; medium. $4®4.75; all weights, common. $3.25®4: ewes, 90-150 lbs., medium to choice. $1.25®2.50; all weights, cull and common. 75c®$2: feeding lambs: 50-75 lbs., good and choice, $4.75® 5.15. By Times Special LOUISVILLE. Oct. s.—Cattle—Receipts. 150; bulk common and medium steers and heifers. $2.75®4.75: better finished kinds eligible to $6 or better: bulk beef cows, $3 down; low cutters and cutters, sl®2; bulls mostly $2.50 down; stockers and feeders largely $4®5.25. Calves—Receipts 175: market, steady; bulk better light vealers, $4.50® 5: medium grades and heavy calves *304: throwouts. $2.50 down. Hogs—Receipts, 800: market, steady to 5c higher gain on weights 175 lbs up: 175240 lbs.. $4; 245-295 lbs., $3.75: 300 lbs. up, $3.35: 140-170 lbs., $3.45: 135 lbs. down, $2.95; sows. *1.8502.60. and stags $1.65 Sheep—Receipts 150: steady on all classes: bulk good lambs. $5: choice scarce eligible higher: medium and lower grades, $4 down: fat ewes, sl®2; most stock ewes. $5.50 per head. Tuesday's shipments: 135 cattle and 135 hogs. By United Press Oct. s.—Hogs—Receipts. 400; market, steady: top. $3.80® 4: mixed S4: bulk. $4: pigs. $3.50® 3.75; lights. $3.50 ®3.<5: roughs. s3® 3.25. Cattle—Receipts, 500; market, slow. Calves—Receipts, light, market, slow. Sheep and lambs—Receipts light; market, steady. By United Press EAST BUFFALO. Oct. s.—Hogs sale 1.700; market, active, strong to 5c and occasionally 10c higher; desirable 160-260 lbs.. $4.4054.50: weights above 210 lbs. to outside price: mixed offering and’ weights below 150 lbs., $4.25. Cattle—Receipts. 200; market, clow, steady: fleshv grassers strong $5.65: few common steer's and heifers. s4® 4.50; cows fairly active; cutter grades *1.250 2.25. Calves—Receipts 200; vealers draggv. barely steady at recent : good to choice $6 k 75 to mostly s<; common and medium $4.50®6. Sheep—Receipts. 1.100: lambs slow; steady to weak: some bids 156 25c lower; good to choice SS: common and medium $4.50® 5.25; handvweight ewes. $2.75; few velrlings. $4.50. By United Press 1 Oct. 5 - —Hogs—Receipts, UpO: holdover, none: steady to 10c higher; 200-300 lbs, $4 35; 150-180 lbs, mostly $4.25' light pigs downward to $4. Cattle—Receipts. 250; dull and catchv: on most killing classes; oily odd steers and heifers, $4.50 down: sold earlv: two load good grain feds, attracting attention held above $8 Calves—Receipts. 300; strong to mostly 50c higher: some lower grades. $1 up: good to choice. $7®7.50: bulk of run, *7 downwards to $5: few below. By United Press PITTSBURGH. Oct. s.—Hogs—Market, 5 to 10 cents lower; prices. 160-240 lbs., $4.30 64.40; 240-300 lbs, s4® 4.25: 100-146 lbs, $3 806 4.15: packing sows, steadv: mostly $3 63.25. Cattle—Market, around steadv: common grass steers. Quoted. $3 50 ® 4.75better grade to $6.50: grass heifers s3® 4.50: common to medium cows. *2.25*83: mediu bulls. $2.7563 25. Calves—Market, slow, market, weak to lower: better grade vealers. $6.50 downward. Sheep—Market, weak. 25c lower: better grade lambs. *5.50® 5.75: bucks lambs *4.75 downward; good wethers. $2 25® 2.50. By United Press FT. WAYNE. Ind, Oct. s.—Hogs Steady; pigs. $3 50® 3.75: 140-170 Ibs, *3.75® 3 90: 170-250 lbs, *3.90® 4; 250-300 lbs, *3 80® 3.90: 300-350 lbs, *3 70® 3 80; roughs. *2.75®3.25; stags. *1.50®2: calves. *6: ewe and wether lambs, M.75Q5; bucks, 13.75&4*.

THE INDIANAPOLIS TIMES'

Dow-Jones Summary

New Yoork Central loadings for week ended *t)ct. 1 amouned to 42 312 cars, against 52 217 in like 1931 week: receipts from connections in week of Oct. 1. totaled 51.734 cars, against 62.703 in same period of year ago: total loadings handled for week of Oct. 1 were 93.036 cars, against 114 920 in similar week of 1931. General Electric Company increased production of oil furnace* at its Pittsburgh plant 50 per cent to meet sale* demand; higher operations will continue until the first of 1983. it was reported. Contracts approximating $50:000 have been placed bv the United Btates government with the Otis Elevator Company for installations in post offices throughout the country. Steel ingot production this week is slightly above 18 per cent of country’s capacity, against 17% per cent last week. Cluett Peabodv declared the regular Quarterly dilvdend of 25 .cents on common stock. Bunte Brother* declared the regular quarterly dividend of *1.75 on preferred stock, payable Oct. 1 of record Oct. 36. United Air Lines, Inc, entered contracts with Standard Oil Companies of Indiana and California for delivery of approximately 7,000,000 gallons of aviation gasoline. Central Illinois Securitie* Corporation declared the regular quarterly dividend of 37% cents on the *1.50 convertible stock, payable Nov. 1, of record Oct. 20. Crude oil production In California averaged 477.000 barrels dally in week ended Oct. 1, a decline of 4.900 barrels daily from 481,900 barrels daily production in preceding week: like week last year output averaged 497,700 barrels daily. American Petroleum Institute reports reduction of 1.183,000 barrels in storage of motor fuel during week ended Oct. 1; domestic 'crude oil output during week averaged 2.173.000 barrels daily, a decline of 6,500 from previous week. Homestake Mining Company declared the regular quarterly dividend of 75 cents on capital stock, payable Oct. 25 of record Oct. 20. DRUNK DRIVER FINED 30-Day Sentence Added by Judge Sheaffer. Everett Terrell, 35 Schiller street, today was fined $lO and costs and sentenced to thirty days at the state penal farm for drunken driving by Municipal Judge William H. Sheaffer. , Terrell’s driving, license was revoked for one year and he was placed under a year’s probation. H ~, automobile struck the car of Earl Merriman, 1877 Shelby street, on South Meridian street Sunday. Frank Davey, 551 West Morris street, Terrell’s father-in-law and companion at the time of the accident, was given a $lO and costs fine for drunkenness. “It’s been sixteen or seventeen years since I was in here last,” Davey told Sheaffer. “I ll suspend the fine —don’t come back for sixteen or seventeen years more,” retorted Sheaffer.

In the Cotton Markets

CHICAGO High. Low. Close. January 7.41 7.28 7.28 March 7.53 7.38 7.39 May 7.63 7.44 7.45 July 7.73 7.58 7.58 October 7.15 December 7.39 7.20 7.20 NEW YORK January 7.32 7.13 7.13 March 7.43 7.24 7.24 May 7.54 7.34 7.34 July 7.62 7.40 7.40 October 7.15 7.03 7.04 Decelhber 7.28 7.08 7.08 NEW ORLEANS January 7.34 7.16 7.16 March 7 44 7.25 7.25 Mav 7.54 7.35 7.35 July 7.63 7.46 7.46 October 7.20 7.00 7.00 December 7.29 7.10 7.10

Cash Grain

—Oct. 4 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41 Vic New York rate, were: Wheat—Steady; No. 1 red. 44@45c; No. 2 red. 43@44c; No. 2 hard. 41@45c. CornSteady; No. 2 white, 20@21c; No. 3 white, 19@20c; No. 2 yellow, 20@21c; No. 3 yellow, 19®20c; No. 2 mixed, 19@20c; No. 3 mixed, 18@19c. Oats —Steady; No. 2 white, 12‘,4@13c; No. 3 white, 12@12>/2C. Hay—Steady— iP. o. b. country points taking 23'4c or less rates to Cincinnati or Louisville). Timothy—No. 1, $5.50@6; No. 2 timothy, $5@5,50. —lnspections Wheat —No. 2 red, 4 cars; No. 1 mixed, 1 car. Total. 5 cars. Corn—No. 1 white, 20 cars; No. 2 white, 19 cars; No. 3 white, 1 car; No. 1 yellow, 3 cars: No. 2 yellow. 17 cars; No. 3 yellow, 3 cars; No. 4 yellow, 1 car; No. 5 yellow, 1 car. Total, 65 cars. Oats—No. 2 white, 2 cars; No. 3 white, 6 cars; No. 1 mixed, 1 car. Total, 9 cars. Chicago Stocks Opening (By Abbott, Hoppin & Cos.) —Oct. 5 Bendix Aviation 14%ICord Corp .... 5‘4 Borg Warner .. ll%|Cont Chi com.. 2% Cent! So Wst.. Stores 14 ! 4 Other Livestock By United Press EAST ST. LOUIS. Oct. s.—Hogs—Receipts. 7.000; market, not yet established: a few early sales, steady to 5c lower at $3.90: a few lots. $3.95: packers bidding around $3.80 for desirable hobs; sows. $2.65 @3.25. Cattle—Receipts. 3.500; calves. 1,300: market, slow; indications about steady on steers: mixed yearlings, heifers and cows, opening steady; bulls, strong; vealers, steady at $6.25: a few mixed yearlings and heifers around $4.65; cow's, $2.25 @3; low' cutters. $1.25® 1.50: top sausage bulls, $3. Sheep—Receipts. 1,500: market, opened steady to weak: a few choice lambs to small killers. ss® 5.25: packers talking lower ’• indication steadv on throwouts and sheep. Sheep—Receipts. 900; lambs, steadv to 25c lower: to large interests, 55.5055.75: odd sales to smaller killers higher about 50 head. $6; cull to medium, [email protected]. By United Press LAFAYETTE. Ind.. Oct. s.—Hogs. 5c off: 225-275 lbs.. [email protected]: 275-325 lbs.. $3.60 @3.75: 160-225 lbs . $3.75®3.85; 130-160 lbs., S3.SO'S 3.60: 100-130 lbs., $3.40; roughs. $3.25 down: too calves. $5: too lambs. $4.50. Births Bov Twins Paul and Mary Hardin, Coleman hospital. Boys Wilbur and Helen De Vanter, Coleman hospital. Robert and Ada Dickey, Coleman hospital. Earl and Isabelle Phillips. Coleman hospital. Francis and Edna McClintock. Coleman hospital. George and Mary Snavely, 2031 North Dearborn. Joseph and Helen Wilhelm, 303 North Tremont. Rav and Dorothy Woodruff, 1061 South Pershing. Girls Nirbert and Magdalena Pich, 243 Hendricks place. Edwin and Mildred Thomas, Coleman hospital. John and Gwendolyn Hutton, Coleman hospital. Eugene and Mary Dollens, Coleman hospital Norvin and Sarah Beaver, 622 Chester. Deaths Lydia Talbott, 73, 1134 Reid place, carcinoma. Maud Rudman, 42. St. Vincent's hospital, peritonitis. William Earl Quillen, 32. city hospital, lobar pneumonia. Mary Louise Duffey. 23, 929 North Pershing. pulmonary tuberculosis. Jordan Bourne Hankel, 45. city hospital, lobar pneumonia. Reginald L. Caldwell, 4 months, 1414 North Missouri, gastro enteritis. Ella Klein, 41, Methodist hospital, carcinoma. * Plumbing Permits C. B Haines, 1362 East Sixty-fourth, four fixtures. Wolfgang Bros., 1902 Orange, two fixtures. „ James McClintock, 1228 South Belmont, three fixtures. C. A. Johnson, 1361 Roach, four fixtures.

STOCK SHARES DISPLAY WEAK TRADINGJANGE Early Unevenness Followed by Sharp Selling; Steel Dips.

Average Stock Prices

Average of thirty Industrials for Tuesday, high 72.63. low 70.45. last 71.16. off .05 Average of twenty rails 34.15, 33.26, 33 46, off .21. Average of twenty utilities 32.45, 31 92. up .21. Average of forty bonds 81.50, off .13. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. s.—Stocks opened irregular in a narror j-ange today, with volume slightly more active than in recent sessions; bonds ruled steady in dull trading; cotton advanced 7 to 14 points. During the early trading the stock market continued irregular. Heavy turnover in General Motors was a feature. That stock opened at 16%, up %, and later rose toward the 17 level. A sale of 7,000 shares was made at 16 %. Steel common opened at 42%, off %, then declined to 42%, rallied to above the previous close and then slipped back again. Volume in Steel was relatively large. The weekly review of the Iron Age was construed as bullish on the stock and on the steel industry. It predicted a rise of 100,000 tons in the Steel Corporation's unfilled orders for September. , "The steel industry,” the Iron Age said, “enters the final quarter of the year under conditions that seem favorable for more improvement this month than that of September over August.” Rate of steel production was estimated at 18 per cent of capacity.

Bank Clearings

INDIANAPOLIS STATEMENT Oct. 5 Clearings ...$2,915,000 00 Debits 4.543,000.00

New York Curb Market

(By Thomson & McKinnon) —Oct. s—■ , n:o °- Alum Cos of Am 60% Goldman Sachs. 3% Am Cynamid .. 5% Gulf Oil 32 Am Gas & El.. 33% Hudson Bay ... 3% Am Super Pwr. 6 |lnt Pete 9% Ark Gas A 2%! Midwest Util .. Vi Asso Gas & El. 2V.iNat Aviation ... 5% Braz Pwr St Lt. 9% New-mont Min .. 17 Can Marconi... l%lNat Bnd & Sh.. 27 Cent Sts S! 3% Nia Hud Ptvr .. 16V4 Cities Service.. 4 Penroad 3 Con Gas of Bal 66% St Regis Paper. 5% Com Edison ... 75 |Sel Indus 15/gl s / g Cord 5%! Std of Ind 20% Deer St Cos 13 [Un Gas (newt.. 3V B El Bnd St Sh..* 31%iUn-Lt & Pr (Ai 6 Ford of Can .. B%iUt Pwr 3 Ford of Eng 4%|Un Fndrs 2

Foreign Exchange

(Bv Abbott. Hoppin & Cos.) \ —Oct. 5 Open. Sterling. England 3.45% Franc. France 0391% Lira. Italy 5 0512% Fianc. Belgium 1387% Mark. Germany 2378 Guilder. Holland 4018 Peseta. Srain 0817 Krone. Norway 1739 Krone. Denmark 1791 Yen. Japan 2375

New York Bank Stocks

(By Thomson & McKinnon) —Oct. 4 Bid. Ask. Bankers 69% 71% Brooklyn Trust 198 213 Central Hanover 147 151 Chase National 42 44 Chemical 40 Vi 42% City National 5414 56% Corn Exchange 73>,4 76% Commercial 178 185 Continental 1914 21% Empire 28% 30% First National 1,630 1,770 Guaranty 334 339 Irving 27Vi 2914 Manhattan <fc Cos 38% 4014 Manufacturers 33 % 3514 New' York Trust 98 101 Public 30% 32 Vi Title 42 45 POWERFUL EXTRACT OF VITAMIN D FOUND Ten Drops Equal to Three Teaspoonsful of Cod Liver Oil. Bjj Science Service CLEVELAND, Oct. s. —Vitamin D, in the form of an extract of cod liver oil so potent that ten drops are of equal Vitamin D value with three teaspoonsful of standard cod liver oil, now is available to the medical profession. This natural Vitamin D is not an irradiated product and not a cod liver oir concentrate, but an extract of the rickets preventing principle of the oil. It is stated to be free from objectionable taste. The new product was developed by Professor Theodore F. Zucker of the college of physicians and surgeons at Columbia university, and the privilege of distributing it through regular medical channels has been licensed to the S. M. A. Corporation here. This firm already is distributing the recently isolated primary Vitamin A, and expects soon to have a combination of A and D to offer for medical use. H. W. STIENECKER IS . CLAIMED BY DEATH Contractor and Builder Succumbs After Illness of Week. Illness of a week resulted in the death Tuesday of Henry William Stienecker, 59. in his home, 930 North Tacoma avenue. Mr. Stienecker was born in Indianapolis, and lived here all his life. t He was a contractor and builder for thirty years. He was a director in the Home Building and Loan Association. He was a member of the First Reformed church, and of the Odd Fellow?. Funeral arrangements have not been announced. ROTARY CLUB ELECTS ‘Spokes’ Ticket Is Victorious In Choice of Director. Workings of a two-party system* in the Rotary Club resulted in seven candidates on the "Spokes” ticket being elected directors and one on the “Hub” ticket, at the annual election Tuesday night. "Spokes” elected are Fred F. Fox, Edwin R. Hisey, W. I. Longsworth, Theodore E. Myers, Harper J. Ransburg, Almus G. Ruddeli and James A. Stuart. "Hub” ticket representative James S. Yuncker, first vice-president of the club, was the only member of his party to win election.

Investment Trust Shares

(By Abbott Hoppin & Cos. PRICES ABE TO 13 NOON C. S. T. —Oct. $- Bid. Ask. Am Founders Corp com 1.50 2.00 Amer and Gen Sec (A) 5.00 10.00 Am Inv Tr Shares 2.25 2.50 Basic Industry Shares 2.30 2 50 Collateral Trustee Shares A 3.12 350 Corporated Trust New 1.88 1.90 Cumulative Trust Shares .. 315 325 Diversified Trustee Shares A 812 862 Fixed Trust Oil Shares <AI 7.00 800 Fixed Trust Oil Shares iß<. 5.75 675 Fundamental Trust Shares A 325 375 Fundamental ,Jrust Shares B 3.25 375 Leaders of Industry iAi 300 350 Low Priced Shares 360 370 Mass Inv Trust Shares .... 15 25 16 75 Nation Wide Securities .... 295 305 North American Tr Sh t’s3i 203 215 Selected Cumulative Shares 5.75 612 Selected Income Shares 300 337 Shawmut Bank Inv Trust... 2 50 Std Amer Trust Shares 312 3 50' Super Corp of Am Tr Shares 2.95 305 Trustee Std Oil IAI 3 12 3 87 Trustee Std Oil 181 350 387 U S Elec Light St Power A. 16 50 17 00 Universal Trust Shares 2.30 2.40

Local Wagon Wheat

City grain elevators are paving 43c for No. 2 soft wheat. Other grades on their merit^. RAW SUGAR PRICES —Oct. 4 • High.' Low. Close. January 1.03 102 1 03 March 1.02 99 1.00 May 1.06 103 1.03 July 1 09 1.07 1.07 September 1 14 1 11 1 p> December 1.07 1.05 1 06

The Strong Old Bank of Indiana The Indiana National Bank of Indianapolis

Robert Barr & Company Dealers in Investment Securities Merchants Bank Building Indianapolis Telephone Riley 1581 Indianapolis—St. Paul—Minneapolis—Denver—Chicago.

We are prepared to exchange CORPORATE TRUST SHARES Original and New Series for the NEW Modified Shares and thus prevent mandatory elimination of stocks at present levels. Breed, Elliott & Harrison Established 1912 109 N. Pennsylvania St. Street Floor Indianapolis

The J. L . Marks Cumulative Investment Plan enables you to acquire the stocks of the nation's leading: corporations at today’s prices through the medium of a Small Initial Deposit and Convenient Monthly Savings. All Dividends are payable to you from the time of the Initial Deposit. Send for our folder on DIVIDEND PAYERS and information on this interesting method of Saving an£l Investing. J. L. MARKS & COMPANY Established 1912 Suite 724, Circle Tower Lincoln 8584

IS BUSINESS GOOD! You Cart Bring It to Your SALES Door With Genuine NEON Increase! . I . .. _ , iU ■I I I If buyers eyes have not been turned towards your establishment . . . put it down to the fact that your * signs have not attracted the eyes of customers. To- ■ I I I day, Indianapolis has a factory that manufactures S complete Neon lighting equipment and signs . . . Sc D3 “ 5 x g * o £ from the electrodes right down to the shaping of the letters . . . and at far lower prices than you can purI *** I ‘ - chase elsewhere! That is one reason alone why this _ , . factory has been working 24 hours a day and its September sales increased 15 time* over c . , . , February. 1932. Every month the September sales were 1,500 per cent ahead of trend is upward. r i_ rebruary, R i e Tn ? EON S'Sns for Every Merchant! installations We can Bupply genuine neon to * ny chant at price, that make it powible for him to act • Capitol ciotheq <shop today! It you have a present sign ... it is not necesmartUisvlTie **7 . to tal ‘ e . it down * We can change over to NEON Eastern Coat company and install it on glass letters or bulb DEAD SIGNS Flaky Fluff Donuts _, r I . , 1 - , , _ “ Greenwood Pharmacy, rar less cost than what you would pay for anew Ha.g% n "i>°"ug More* . Ever y Progressive store in Indianapolis is General Tire Company. changing Over . . . why not YOU!!! Indianapolis Indianap—Five Signs, dead signs j Cli3nge to NEOFT Brought to Life! ■*..£ cm, TANARUS: Indianapolis ’ a, ' h Jl 0 * 0 ” operate that your ordinary sign Wm. Steck. Plumbers Bradford rJT.kV.I 7.K SKS* v,r oakc, powiblc for you to stegemeier Cafeteria Chaplins 3 Drug Stores save in One year the COSt of your Swan Food shop. , D, L U s ' Kn ’ Phone today for a representaUsed °c;r°; oL n n d Y Lorrlf-V hZT’ NEON features. Nt> Wide* Bros Chevr°irC Park Crest Pharmacy ' obligation on your part Until you tildes Bros., Chevrolet Sto ke* Pharmacy are convinced. Stedfeid Pharmaey Taylor Drug '•* Victor Pfau Drugs Q y D C* V ff Withers Pharmacy I | Ea I Wright Oldgmoblle Cos. Glass Tubes Reflectube Cigns Inc. Indiana’s Only Factory Manufacturing ■ Neon Signs 927 Ft. Wayne Ave. LI ncoln 3606

TAX STRIKE FEARED Inevitable Unless $1.50 Law Is Observed, Is Threat. By United Press FRANKFORT. Ifrid.. Oct. 5.—A tax strike in Clinton county is inevitable unless the county board of tax adjustment agrees to comply with the $1.50 tax rate limit set by the special session of the legislature. Edward A. Stinson, Frankfort, secretary of the Clinton County Taxpayers’ Association and of the Hoosier Taxpayers’ Union, said today. A tax rally will be held Oct. 10 in the courthouse and merchants CAN A FIXED TRUST STAY FIXED? We feel that a common stock Investment portfolio must have flexibility. In our opinion any fixed or rigid program does not meet this requirement. Consult with us. or write for complete details and our suggestions. T. P. Burke & Cos. Incorporated SUITE Til CIRCLE TOWER PHONE Rnev 8536.

ABBOTT, HOPPIN & COMPANY 203 Continental Bank Bldg. Indianapolis Sttpcks, Bonds, Grain MEMBERS: Nev York Stock Exchange New York Curb Exchange Chicago Stock Exchange Chicago Curb Exchange Chicago Board of Trade Co-Managers JAMES T. HAMILL KENNETH K. WOOLLING Formerly Member* of JAMES T. HAMILL & COMPANY Riley 5493-5494 •

I Buy Citizens Gas Stocks Newton anf i Common and Preferred nr 1 1 Sell 415 Lemcke Bldg. lOflfl

“If There Is a Market We Have It” COLLATERAL TRUSTEE SHARES A TIME-TESTED SUPERVISED UNIT TRUST FOR PERMANENT INVESTMENT COMPLETE INFORMATION UPON REQUEST\ INVESTMENT MANAGEMENT, Inc; Fifth Floor Fletcher Trust Bldg;. RI. 3545-3546

Thomson & M c Kinnon Brokers INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Exchange 200-214 Circle Tower Lincoln 5501

OCT. 5, 1932

and factory owners have been asked to close their places of business so that employes may attend. Stinson explained that all but three of the fourteen townships have rates under $1.50. but the rat® in Center tow'n&hip. where Frankfort is located, is $3.63. Six per cent of the world s population is thought to live in tn® United States.

Checking Accounts Insurance of all kinds excepting life One Dollar or more will open an interest bearing Savings Account. AETNA Trust and Savings Cos. 23 North lVnnsj Ivnnia Street Lincoln 7371

CONSERVATIVE MANAGEMENT Fletcher (Trust Compang

LOANS AT REASONABLE RATES FOR ALL WORTHY PURPOSES The Indianapolis Morris Plan Company Delaware and Ohio Rt. Klley 1536

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 123 E. Market Lincoln 9379 Lincoln *167

A Safety for Savings Fletcher American NATIONAL BANK Southea*t Comer of Market and PenntYlvani®