Indianapolis Times, Volume 44, Number 134, Indianapolis, Marion County, 14 October 1932 — Page 23

T>CT. 14, 1932.

PORKERS SHOW LITTLE CHANGE AT CITY YARDS Cattle Market Features Slow, Peddling Trade: Sheep Weak. Hosa showed little change this morning at the city yards, prices holding steady to 5 cents up for the most part. The bulk, 140 to 325 pounds, sold for $3.75; early top holding at 13.90, Receipts were estimated at 7,000; holdovers were 62. Cattle were featured by a slow peddling trade on all slaughter classes. Receipts were 400. Vealers were 50 cents higher at $7 down. Calves receipts were 500. Lambs were around 25 cents lower In the aheep market, selling mostly at $5.50 down. Top price was $5.75. Receipts were 1,600. Early trade in hogs at Chicago moved slow, with asking around 5 to 10 cents higher than Thursday's average, while few bids held about | steady. The bulk of 190 to 210pound weights was bid in at $3.90. Receipts were estimated at 14,000, including 4.000 direct; holdovers. 3 noo. Cattle receipts numbered 2 000; calves. 600; market unchanged. Sheep receipts, 12,000; market stationary. HOGS t Vjj ; 1A 3•# * ” ’S XU I 3 W> 3 ” 6 9)4 ll J 85® 380 |SS '-999 13. 3 70'S 3 86 3 36 5 223.7SHJ 3 88 3.90 7.009 HOGS 7.000; mrnrkct. hirhrr. 48 40-1 SOt Good and choice 1 3.75 —Light Lights—-<B9O-1801 Good and choice..,, 3.75 —Light Weights— BO-200) Good and choice .. **o 00-MO) Good end choice .. 3.86 3 i.ii —Medium Weights—--8230-1501 Medium *o d . e °°' l ••• 390 <350-3001 Good and choice ... 3.B,iCd —He* VY Weights—--4000-3501 Good and choice ... 3 45® 3.86 —Packing Sows—-<3so-5001 Medium and good ... 2 *•>-| * H <IOO-120) Slaughter pigs 3.50 a, ■>. CATTLK Receipt*. 400; Market, *leadv. Good and cho.ce 4 s OO'ti 6 ”5 Common and —■• ■ ’ Oood and choice. ? 9 25 Common and medium 40 —Heifers — . , , n Good and choice I Common and medium 2.bo<a .< —Cows — Good and choice 3.00 W 425 Common and medium 4 JjOW cutter and cutter cows.. 1.00f.i; 2.25 —Rulla (Yearling* Excluded)— Good and choice beef.... Cutter, common and medium.. 1.75a. 2.i5 CAI.VF.* AND VEALERS Receipt*. 500: mafkel. higher. „ . , ...* fi.so# 700 Good and rhoir.e 4 sn , (i pSO Medium 3 00'S' 4 50 Cull and common 3twQ —Calces — Good and choice 4 25 Common and medium 3.00& * ™ —Stocker and Feeder Steers— Good and choir* 3 00® fi 25 Common and medium . • 3 - 50 ® SUO 1600-1,5001 Good and choice 5 22f 500 Common and medium 3.00 a a.uu SHEFT ANO LAMBS Receipts. 1.600: market, lower. Good and choice * \ 22 ® 600 Common and medium 1(10® 200 Ewes, medium and choice .... i nn® 2ou Cull and common l uu

Other Livestock By United Press CHICAGO. Oct. 14 Hoes Receipts. H.twio. including 4.non direch. steady; 140-280 lbs., *3 7803.00; top. 300-340 lbs., *3 50® 3.70. tit go, *3.8047.3 90; roasters to *4 25; packing sows. $2.8003.25; smooth lightweights to *3.45; light, lights, 140-160 lbs., good and choice. *3.704x3.90; lightweights, 160-200 lbs,, good and choice, $3.75 @3.90. medium weight,*. 300-250 lbs., good and choice. *3.7503.90; heavyweights, 250SSO lbs . good and choice. $3 354 x 3.90; packing sows. 375-500 lbs., medium and good, s2*Bo(f/3.50; slaughter pigs 100-130 lbs., good and choige. $3.504'3,90. Cattle Receipts 2.000; halves. 600; general trade very slow, steady; undertone drnggy on steers and yearlings, but fairly active on she stock; no choice steers here best SB. hulk *6(O 7.50, bulls firm to shade higher, vealers alow, steady; fat steers and long vearltn'JT fully 25c lower for the week; slaughter cattle and vealers: Steers, 600900 lbs., good and choice. *6.25® 9; 9001 100 lbs., good and choice, *6.254/9.25; 1.100-1,300 lbs., good and choice, *6.sot<c P 50; 1 300-1,500 Jbs., good and choice. $6. .5 019 50; 600-1.300 lbs., common and medium, 93 504 r 6.75: heifers, 550-850 lbs., good and choice. *6#8.25; common and medium. $3 (a 6; rows good and choice, $34£4.75: common and medium, *2.500 3: cutter and cutter cows. *1.506x2.50; bulls, vearlings excluded. good and choice, beef, 434x4.75 cutter to medium. *2x3 25: vealers, nnlk Jed. good and choice. *5 .5006.50: medium, 94®5.50: cull and common, *34; 4- Stocker and feeder cattle: Steers, 500-1.050 lbs., good and choice, *4 7506.25; common and medium. *304.75. Sheep—Receipts. 12 000; falrlv active, steady to strong, spots shade higher than Thursday s low time; desirable native lambs. $5.2505.75: few *5 90: rangers. *505 75 to packers: good feeders M 75 slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice,, *505.90: medium. *4 2505; all weights, common, *3 5004 25: ewes. 90-150 lbs, medium to choice *102,50; all weights, cull and common. 50c®*1.75; feeding lambs: 50-75 lbs., good and choice, *4.7505.25, By Times Special LOUISVILLE. Oct. 14.—Cattle -Receipts. 125. slow and mostly stendv; bulk com-, non and medium grass steers and heifers. 42.75® 4.75; better finished eligible to around *6; beef cows. *3 down: low cutters and cutters. *102; bulk bulls. *2 50 down; most stockers and feeders. *3 50b 5.25. Calves--Receipts. 300: steadv: bulk better light vealers. *SO 5.50: medium grades and heavy calves. *3® 4: throw-outs. *2 50 down. Hogs—Receipts. 500: 5c higher: 175-240 lbs. *? 75: 245-295 lbs . *3.50: 300 lbs. up. *3 10: 170 lbs. down. *3 20: sows. *2.55: stags. SI 60 Sheep- Receipts. 100: steadv on all classes: bulk mWium to good lambs. *4 50; belter finished eligible to *5 or better, lower grades including bucks. *3.50 down; fat slaughter ewes. *l@2. Tbursdav s shipments—9o cattle. 177 calves and 140 hogs. ' Bp Faffed! Tress < • EAST BUFFALO. Oct 14.~Hogs On sale. 3 800; active, mostly to packers. welßht* above 200 lb*. 5c to 15c higher; others steadv to 5c lower; desirable 210260 lb*.. *4 35*04 40: few 230-260 lbs. selections. *4.50; 180-200 lbs.. *4.2504 30; pies and underweights *4 10. Cattle —Receipts. 150 market steady: medium grass s'errs. *5 35 common kinds *4.25; cutter cows. *1 254x2.35. Calves—Receipts. 600: vealers. steadv. *7 down. Sheep—Receipts. 2.400; latnbs weak to 25c lower; mostly weak to !5c off: quality and sorts considered, good to rholce mainly *6: common and medium. *4.50® 5.35; handweight ewes, *2 5003. By Faffed Tret* CLEVELAND, Oct. 14.—Hogs—Receipts. 1.300; holdover none; slow barely steady; pigs to 300 lb. weights. *404.10; early bulk at outside, weights around 180-350 lbs largely. Cattle—Receipts. 150. another alow near steady trade with supply light: lew common to medium light weight steers *4.7505.75; bulk eligible under *5: caws. *13503 26. Calves—Receipts. 300: market, steady, good to choice. *606 50 lower grade scarce since Thursday s late clearance at largely *4®s cn common to medium Sheep—Receipts. 3.000, largely steady: prospective top 35c below Thursday's late extreme: good to choice $5.75 few medium to good. *5 50. cull to medium, throwouts sorts *3 05. By Unit'# Press „ CINCINNATI, Oct. I*.—Hogs—Receipts. 4,500. including 830 direct and' through; holdover 240; ilow steady to 10c higher: better grade 180 to around 240 lbs.. *4 to meetly *4 10; 280-300 lb*., quotable *3 85 04: 150-180 lbs.. *3 7503 85; 130-150 lbs. *3 10: sows steady to weak, mostly *2 75; a few light weights *3 or better CattleReceipts. 800; calves, receipts, *00: common and medium steers and heifers on peddling basis between *3 50 and *5; flamer kind* downward to 52.50 or below; ew more desirable yearlings steady at *5.7507; load, of dry fed 666 lb heifers late Thursday *7; other classes slew, steady; grassy beef cowa (2.50®!: low cutters ana gutter* *1.500 2 25; bulls draggv weak. $t down; vealers steady to 50c higher; good and choice, *6®6.50: Jbwer grades mostly weak, IS down. SheepReeelpu. 1.000; market, steadv; medium to good lambs quo labia *5.254x6; common tnd medium *305; fa* aged ewes. *1.50 own.

New York Stocks

—Oct. 14— 1 Pr*v. Railroads— High Low. 11 00 close A*chl‘cn 39% 38 39’e 37% ; At! Coast Line.. .. . . 19** *Ba!t & Ohio .... 12% 11% 13% Chet*. * Ohio .. 20% 18% 20% 18% Chet* Corp .... 11% 11% 11% 11 1 Can Pac 14% 11% 14% 14 Chi Ort West ... 3 Chi N West 7 8% 7 6% C R I k P. 8 Del L A- W 38 34% 3 34% D9l it Hudson 58% Erie .. 8% Erie Ist pfd .... 8 7% /7% 8% Great Northern.. 11% li 11% 14% Illinois Central.. 13% 12% 13% 12% Kan Lou A Nash 17 16% M K A- T 7 8% 7 6 Mo Pacific 4% Mo Pacific pfd.. . . ... *% 7% N Y Central .... 21% 30 21 % 19% Nickel Plate ... ... 3% NY NH & H 14% 13% 14% 13 Nor Pacific 17% 16 17% 16 Norfolk A: West. .. ... ... 94 O A-, W 8 7% Pennsylvania ... 14% 13% 14% 13 a Reading 30% Seaboard Air L . .. ... ... % So Pacific 18% 17% 18% 16 • ■ Southern Rv.... 9% 8% 9% 8 Bt, Paul .. ... ... 2% S’. Paul pfd..... 4 3% 4 3% St L & 8 r 2 Union Pacific .. 80% 59 60 % 57% Wabash 2 W Maryland West Pacific 2 2 Equipments— Am Car & Fdv .f. 9% Am Steel Fd . 7% 7% 7% 6% Uen Am Tank... 16% 15% 15% 15% General Elec... 15% 15% 15% 15% Gen RV Signal 13 Lima Loco 13% Poor A Cos Pullman ... ... 20% Westlngh Ar B ... 1214 12% Weitir.gh Elec... 27% 26% 27 25% Rubbers— Fisk - % Goodrich 5% Goodyear . ... 13% 13 Kelly Snrgfld ... ... 3 Lee Rubber ... ... 4 US Rubber 5% Y% 5% 5 Motor*— Auburn ....... 44% 40 44% 40 Chrysler 13% 13 13% 13% General Motors.. 13% 12% 13% * 12% Oraham-Paiee... .. ... ... 2% Hudson ... ... 5 Hupp 2% Mack 19 18% 19 18 Marmnn . 1 % 1 % Nash 13% 13% 13% 12% Packard 32% 33 'eerier* .. ... ... 3! udebaker ... 6% 6V While Mol 22% 22 22% 21% Yellow Truck 3% 3% Motor Acres*— Bendix Aviation. 10% 10 10% 9% Borg Warner 8% 8% Briggs *% 4% B.uW Wheel 2% Eaton . ■ .•• ... 5% El Auto Lite ... 17% 16 17% 16 El Storage B 21— Hayes Body ... 1% Hoilda. ........ ... ... 2 % Motor Wheel 3% ... Murray Body .. 3% 3% 3% 3% Sparks W 2 Stpwart Warnes 3% Timkin Roll 14% Mining— Am Metals ... ... 5% Am Smelt ... 14 13% Anaconda Cop.. 9% 9% 9% 9% Alaska .Jun .... 11% 11% 11% 11% Cal A Herfa 3% Cerro de Pasco.. .. ... 7 7% Dome Mines ... ... 11 Freeport Texas.. 20% 20 30% 19% Granby Corp 5% Great Nor Ore.. 7% Int, Nickel 8% 8 BVi BV* Inspiration ... ... 3% Isl Crk Coal 13Vi ... Kennecott Cop.. 1074 10% 10% 10% Magma Cop ... ... 7% Miami Copper 3% Hev Cons ... ... 6 Noranda .. ... ... 16 V* Texas Gul Sul.. 20% 19% 20% 19V, U S Smelt 14'A Oils— Amerada ...f ... 20 All Refining 16% 15% 16% 15% Barnsdall 4% 4% Houston ... ... 2% Indian Refining 174 Slid OU 12% 11% 12 11% Mid Conti ...... .. ... ... 5% Ohio Oil 7% 8 Pan-Amer (8j... .. ... 12. Phillips * s * 5,7 Koval Dutch 19% 20/s Shell * “, ■* Simms Pt Cons Oil 6% 6% J% % SkHlv .. . * • ♦’ a Standard of Cal 25% 24% 35% 26% Standard of NJ 30 29% 30 29 s Soc Vac 9% 9 9% 9% Texas Cos ?? '* Union Oil ■'* 11

Am‘Roll Mills., il |"% l®j' a Bethlehem 17 }6% 17 16 4 Byers A M ..... 14 13% 14 13 Colo Fuel S'* Cruc Steel J* Inland l?,, McKeesport Tin 43 42% 43 43% Newton • •••, Repub 1 At. S 7'4 7% 7% 6% US. steel 35% 33’/* 35% 34 Vanadium 13 % i* v * Youugst S & W 7 Youngst. SAT 11 " Tobaccos — Am Toh A pew ••• Am Tob B new. 71 68% 71 69 Lig & Myers 8.. 6° -i 59% J/a 50 l.orillard 13% 13% 13% 13 * Reynolds Tob... 31 30% 31 30_* United Cig % % Utilities— Adams Exp .... * S4 8 •>4 Am For Pwr 7% 7 7% 7 Am Pwr & Li.... & 8 8 .% A T*T 102% 100 102% 99% Col Gas * El.. 13% 12% 13% 12% Com A- Sou 3% 33% 3 Cons Gas 54% 53% 54% 52 * El Pwr A Li 8% 7% 8% 7% Gen Gas A ... I,* 1 * Inti T A- T ... 9% 8% 9% 8% Lou Gas A- El 18% Natl Pwr it LI. .. ... J 2% No Amer C 0... 28% 2i% 38 27% Par. Gas & El.. .. ... 27 26% Pub Ser N J.... 45 43% 45 43 s So Cal Edison. . ... ... 25% std G A- El 25% 25 35% 15% United Corn ... 8% 8% 8% B‘4 Un Gas Imp.. 17% 17% , 17% 17% lit Pwr A- L A .. ... ... 4% West Union-... 28 28% 28 26 Shipping— , Am Inti Corp N Y Ship 2% 2% United Fruit 18% 18% Foods— Am Sug ••• 21% 21 *4 Armour A • 1 * Beechnut Pkg... .- 43 ... Cal Pkg 9% 9% 9J4, 9 Childs Cos * Coca Cola .. ••• 91% 91 Cont. Baking A.. ... ... ••• *, Corn Prod 48% 47 48 46% ,Crm Wheat ... 22 ... Cudahy Pkg 27% Cuban Am Sug 1% Gen Foods 29 28 29 29% Hershev 54 ... Jewel Tea. ... 25 25% Kroger .•. , I*% 14% Nat Biscuit 38 35% 38 36 Natl Dairy 17% 17% 17’* 173, Purity Bafc 8V 8 8 8% Pillsbury 14% Safeway St 483* 48% 48% 47% Std Brands .... 14% 143* 14% 14% Drugs— Coty Inc . ■ .... 3% 3% Drug Inc 34 323* 34 33 Lambert Cos ... ... 35 Lehn & Fink 15 Industrials — Am Radiator ... 7% 6% 7% 63* Bush Term ....... ... 5% 5% Gen Asphalt .... 8% 8 B'% 8% Otis Elev 11% Ulen 1% 1% 1% 1% Indus Chems— Air Red . . 54 52 54 5* Allied Chem 71% 67% 71% 67 Com Solv 9% 8% 9*4 S’*

Scrambled Letter Trail Is Ended

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Dupont if 33% 38 v 33% Union C* rh 28 24 34% 34 U 3 Ind Alee ... 24% 24 24% 22 Retail Store*— Assoc Dry Gds 6% Kresge 8 8 . 10% 10% Mar D Store ... 12% UK 12% 13% Mont Ward . 11% Penny JO 21% 21% 21% 20% Sears Roe 19% 17% 19% 17% Woolworth 38 35 % 38 35 Amusement*— Eastman Kod ~ 81 47% 51 46% Fox Film (A> .... 2% 2% 2% 2% Grlgsbv Grunow. 1% 1% 1% 1% Loews Inc 26% 25% 26% 25% Param Fam .... 3% 3% 3% 3% Radio Corp .... 7% 6% 7% S% R K O 3t, Warner Bros ... 2% 2% Mi scellao mm— City Ice & Fu H Congoleum g% Proc & Gam go 30 Allis Chal ... 8 * Amer Can 49% 47 49% 47% •I I Case 40% 37 40 % 36% Cont Can 30% 29 30% 29 Curtiss Wr 2% 2 2V 3 Gillette BR.a. .. 16% 15% 16% 15% Gold Dust 17 16% 17 16 Int Harv 22% 20% 22% 19% Int Bus M *<i, Real Silk 4% 4% Un Aircraft 24% 22% 24% 21% Transamerica 4% 4% 4% 4%

Indianapolis Stocks-Bonds By Newton Todd

The following quotations do not represent firm bids and offerings, but indicate the approxfmate markets based on recent transactions or inquiries to buy and sell. —Oct. 14Stock* Bid. Ask. Belt R R and Stkvds com 22 26 Belt R R and Stkyds pfd 45 51 Cent lnd Pwr 7% Dfd 24 29 Citisens Gas com 14 18 Citizens Gas 5% pld 82 89 Indols Pwr and Lt 6% pfd... 65 75 Indnis Pwr and Lt 8%% pfd.. 72 79 Indpls Gas com 45 50 Intipis Water S-v pfd 91 97 Indpls Pub Dell re Ln Ass com 48 52 Nor lnd Pub Serv 7 % 58 62 Pub Servos Ind 6% pfd ~29 34 Pub Servos Ind 7% pfd 46 50 So Ind Gas and Elec. 60r pfd.. 85 69 Terre Haute Elec 6'■> pfd .... 49 57 Rood* Belt R R and Stkvds 4s. 75 8(1 Citizans Gas 5s 1942 88 91 Indpls Gas 5s 1952 76 81 Indpls Rys Ss 1967 25 30 Indpls Water 4%s 1940 93 96 Indpls Water 5%s 1953-\54 ... 97 100 Trae Terminal Corn 4s 1957.. 38 43

Chicago Fruit

By United Press • CHICAGO, Oct. 14.—Apples—Illinois Jonathans, bushel, (191.25; Michigan Kings, bushel, 7.5®80c; delicious, bushel, *1.25@1,35; Jonathans, bushel. *1.15®1.25; Greenings, bushel. 85®90c. Melons—Western honey dews, [email protected]. Pears—Michigan Keifers, bushel, 50® 65c; Bartletts, bushel, *10.1.25. Peaches—Michigan Elbertas, busnei. 50c® *l. Grapes—Concords 12-quart, 17® 18c. 1 Other Livestock By United Brens LAFAYETTE. Ind., Oct. 14.—Hogs—steady 5c up; 250-300 lbs., *3.603x3.70; 300325 JDS.. $3.50: 200-250 lbs.. *3.6003.65; 160-200 ibs., $3.5003.55: 140-160 lbs.. $3.40: 100-140 lbs.. $3.1503.25; roughs. $3 down; top calves. $6; top lambs. $4.50. By t nited Press FT. WAYNE, Ind.. Oct. 14.—Hog market, steadv; 100-140 lbs., *3.25; 140-160 lbs.-. *3.50; 160-200 lbs., $3.60 : 200-250 lbs. $3.70: 250-300 lbs.. $3.80: 3-35 lbs.. $3.65roughs. $3: stags. $2; calves, $6.5; ewe and wethers. *5; bucks. s4.* By United Press , EAST ST. LOUIS. 111./oct. 14.—Hogs— Receipts. 5.500. market, uneven: lighter weights, 15®25c higher: others. 5015 c higher: bulk. 140-180 lbs.. *3.9003.95; top. $4: 190-260 lbs.. $3.7503.90; pigs scarce; sows. $2.7502.40. Cattle—Receipts. 1,000; calves, 600: market. Quiet under light receipts; vealers. 50c lower: not enough others to make a market with sales steady, nominal range slaughter steers. $3.5008.75; slaughter heifers. $2.5007.75; few mixed and heifers. *4O 5.50; cows. *2.5003: low cutters. *1.2501.75: sausage bulls. $2,250 2.75: good and choice vealers. $6; slaughter steers. 600-1,100 lbs., gOod and choice, $6.50 ■*.18,75: common and medium. $3.5006.75; 1100-1500 lbs., choice. *8.2850 8.75: good, 46.7508.25: medium. $507. Sheep—Receipts. 1.500; market, steady; top lambs. $5.2505.50: throwouts. $303.50: good clipped lambs. $5.25; fat ewes. $1.50; lambs, 90 lbs. down, good and choice. $505.75; medium. $40.5; all weights common. s3@ 40 ewes. 90-150 lbs., medium to choice. sl®2: all weights, cull and common. 50c @51.25.

By United Press PITTSBURGH. Oct. 14.—Hogs Receipts. 2,409; market steady. 140-240 lbs.. *4.200 4.3.5; 250-300 lbs.. *4O 4.15; better grade pigs. *3:900 4.15; most packing sows, *3O 3.25. Cattle—Receipts. 50; market, steady: medium grade steers and yearlings quoted $4.7506.25: common downward to *3.50: grassy heifers. *[email protected]; medium to good cows. *2.6003.75: calves, receipts. 100: market steady: better grftde vealers, $5,500 6. Sheep—Receipts. 800; market steady: good to choice, lambs. $5.5006.10; buck lambs and underweights, $4.500,5.10; good wethers, *2.50. By F nited Press TOLEDO. Oct. 14.—Hogs—Receipts, 400; market steady. Cattle—Receipts. 300; market, steady: calves, receipts light: market. steady. Sheep and lambs—Receipts light; market steady. PROTEST 1933 LEVIES Appeals, Charging Violation of $1.50 Tax I,aw, Filed With Board. Appeals from the new 1933 tax levies of tire city of. Indianapolis, Marion county, and Beech Grove, protesting violation of the $1.50 tax limit law, were certified to the State tax hoard today by County Auditor Charles Grossart. Remonstrances were signed by Gavin L. Payne. Martin M. Hugg. Morris B. Shelby, Edson T. Wood, James W. Hurt, Walter C. Kelly, Thomas D. McGee. Woodsmall Porperties, Inc., Taylor E. Gronninger, William W. Miller. W. S. Johnson, Charles M. Dawson, J. H. Lease and William J. Shafer. Chicago Stocks Opening (By Abbott. Hoppin & Cos.) 1 —Oct. 14— Bendix Avia.... 10* Grigsby Grunow. 1% titles Serv .... 3*4L

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THE INDIANAPOLIS TIMES

GOOD DEMAND SENDS WHEAT PRICESHIGHER Better Tone at Liverpool, strength in Securities I Aid Futures. BY HAROLD E. RAINVTLLK United Pre* Staff Correspondent CHICAGO, Oct. 14.—Wheat, prices made a firm start on the Board of Trade today, with prices rising a good fraction. Steadiness in stocks and the slightly better tone at Liverpool brought in fair support, while pressure was lacking. There is a disinclination to press the selling side at these levels. Corn was steady and oats firm with wheat. Rye, however, weakened, with May setting anew low for the season. *■ Opening Is Higher At the opening wheat was % to % cent higher, corn was unchanged to % cent higher, oats 3 * cent higher and rye % to % cent lower. Provisions were active, but steady, to as much as 15 points lower. Liverpool opened about as low as due, but at midafternoon was only to % cent off. Winnipeg wheat, with a discount of 9 per cent, is selling at around 45% cents for December on a gold basis hr 214 cents under Chicago December. If the, British preferential tariff of 6 cents per bushel goes into effect, Canadian grain will have about a 9-cent advantage over domestic hard winters. . Hedging Pressure Heavy The continued heavy arrivals of old com are producing heavy hedging pressure which more than offsets any strength in the cash market. Reports of about 100,000 bushels sold for export were made late Thursday, with cash sales of about 500,000 bushels. Husking ia reported in Illinois with some cribbing in lowa, although much of the graip in that state is too damp for housing. Oats is active only at intervals. The cash market lacks a sustained demand and gives little support to the futures. Rye likewise moves jerkily.

Chicago Grain

—Oct. 13—- * Primary receipts Wheat 1,397,000 Corn 1,508.000 Oats 289,000 Futures Range —Oct. 14WHEAT— Prev. Dec 48% .48% .48% .48* * Mav 53% .53*2 .53% .53% July 54% .54'/a .54% ’ .54* x CORN— Dec 26% .26% .26% .26% May 31% .305* .31% .31 July 32% .32% .32% .32% OATS— Dec .. .15% .15% May 18% .18 .18% .18% July .. ... .18% RYE— Dec 31 % .30% .31% .31'* May 35% .34% .35*% .35%, July .. .. .36V 4 ' LARD— Jan 4.15 4.17 May 4.32 4.35 By Times Special CHICAGO. Oct. 14.—Carlots—Wheat. 16corn, 399; oats, 31; rye. 3, and barley, 25. By United Press CHICAGO, Oct. 12.—Cash grain close: Wheat—No. 3 red. 48c; No. 2 hard.' 48% 0 49*ic; No. 2 hard weevily. 47%c; No. 1 northern. 49Vic: No. 1 northern weevily. 4814 c: No. 2 mixed. 47%c; No. 4 mixed weevily. 44c: No. 5 weevily, 43*20. Corn - No. 2 mixed. 25%026Uc; No. 3 mixed. 25*2025%c: No. 5 mixed. 24@'24%c; No. 1 yellow, 26%c: No. 2 yellow. 26%@26%c; No. 3 yellow, 25%@26c; No. yellow. 25% 2® 06;No. 5 yellow. 25@25Uc; No. 5 new yellow. 22c: No. 6 yellow, 24%®25%c; No. 1 white. 26%@26%c; No. 2 white. 26%® 26%c: sample grade. 21 023 c. Oats—No. 2 white. 16®16%c; No. 3 white. 15015 Vic. Rye—No. 2. 36%c; No. 2 weevily. 35%e. Barley—24 0 35c; timothy, *2.2502.50; clover, *708.50. By United Press TOLEDO, Oct. 13.—Grain close; Grain 1 nelevators. transit billing: Wheat—No. 2 red. 5t%@52%c. Corn—No. 2 yellow, 30* 20 31 %c. Oats—No. 2 white. 19020 c. Rye—No. 2 41@42c. Barley—No. 2 30® 31c. (Track prices 28%c ratei WheatNo. 2 red, 46*2047c; No. 1 red, 47%@48c. Corn—No. 2 yellow, 26®27c; No. 3 yellow, 25®26c. Oats—No. 2 white. 16017 c; No. 3 .white, 15016 c. Seed close: Clover— Cash. *5.5005.65; October. $5.5005.65December. $5.75. Alsike—Cash. *5.50® 5.85; October. *5.5005.85; December, *5.50 @5.85. Produce: Butter—Fancy creamery. 24c. Eggs—Extras, 26@26%c. Hay—Timothy, per cwt- 80c.

Foreign Exchange

(By Hoppm & Oo.) —Oct. 14— Open Sterling. England 3.44% Franc. France 0392 Lira. Italv 0512 Franc. Belgium 1388 Mark. Germanv 2.377 Guilder. Holland 4018 Peseta. Spain 0818 Krone. Norway 1731 Krone, Denmark 1786 Yen. Japan '.2362

Bank Clearings

INDIANAPOLIS STATEMENT —Oct. 14— Clearings *2,022.000.00 Debits 3.298.000.00

have to solve all the purzl.es to win Neatness, accuracy, and simplicity are the main requisites. Accurate cutting and correct assembling of the pieces will be considered by the judges, whose decisions will be final. In naming tha victors. Elaborate entries will receive no more favor than simple ones. Take the pieces which appear here and paste them neatly and carefully over the fetter which appears by the side of them, until you cover it completely, and follow this system on all twenty-six of the letters. All entries must be in within ten davs after the last scrambled letter appears in The Times. AU entriCMhecome the property of The Times will not be retained. pw

BELIEVE IT or NOT

/. ' . l ' . ’ * - ■ ="*-1 4-.: ' t mm, --;■ . - . *• ' ; -• ~. _ ' * ; .%'•— * - - _ . V . j . • ; \ £: • vSgSgv' • v -' 4 ’S’ . '- .'. •fe'K • 2Z V- - kicked \land north amerkan conTineht aidOAUE, I iim A5CjK ' I HE OWNED 5,000, 000 ACRE. 5 , AFTERToocHOowtei * ,N NEWPOONOLANO; IN ONE GAfAE D/ixaM* **i NL*JFoonolAr<b - JtepZ. 1933 ro-h

Indianapolis Livestock Review

For Week Ending Thursday, Oct. IS. By U. S. Dept, of Agriculture —Hogs— In the hog division October conditions egain were present despite all local forecasts to the contrary. Marketings through termainal centers were slightly curtailed, packers expanded their operations as usual and prices slumped a little, all of which tvas seasonal and not unexpected. Bullish influences in the hog market are not yet sufficiently expanded to warrant an immediate upturn in values. Hogs like the poor, are always with us regardless of all efforts to eliminate or curtail the production and marketings of porcine nAducts. That packers and distributors oT dressed pork stand up to mat and take blow after blow and then come back for more is truly a commendable attitude. For the week, the top prices hovered around 53.950.4.05. paid sparingly for butchers from 220 to 280 pounds, bulk 160 to 300 pounds. *3.75 0 3.95; 100 to 160 pounds. $3.50 0 3.75: packing sows, *2.75® 3.50: bulk. *393.35. —Cattle This week's cattle market undoubtedly convinced most interested parties that beef steers above *9 and up to *lO were a little too strong for the consumers pocket book The relatively high position hertofore accorded strictly choice long fed offerings has been attributed to scarcity and the inclination of some discriminating purchasers of the dressed product to acquire the better carcasses regardless of price. An alteration of ideas with reference to the vaiue of strictly choice beef, in comparison with other species of live stock probably accounted for a part of the tumbhf from recent peakVprices. least beef steers lost 25 to 50 cents this week, heifers were an uncertain commodity on every day with the price trend unmistakably lower. Cows S virtually the same position, but ll „ l? . r f ? < ? es from tflp lowest to the best selling within a narrow spread, the decline was less marked than on the better grades of steers and heifers, for which relativeiy high prices were awarded, luir °P er ing consisted chiefly of weights within a range wLi*?' 2s^ 8 - 35 ' Outstanding among the were 31 head scaling 1.281 UnVin?L*. at llloon f0 1.200-pound *808.35; 44 head averaging n’nnnH^ *8.75. and a load of 1 266 pounds pounds average at *9. The toD of* 8t s9l ° paid for head % I L£ h i welßhts averaging 1,018 pounds market d th?r e wv° proud of heifer marKet this Buvers havp bppn unf ust ."’hat they wanted, and a J\ d . Producers surely were unnrire t?enS bUln , their expectations The f n r s, t l r , e ” d was lower, local packers gradln? i? i.fjfe more severe and in general a catch bid market from day to day Most offerings cashed from *3.5005.75 a sprinkling from S6O 6.75. Strictiv choice lieht hn? weights were noticeably absent Relf e i! p ,,f o an extreme to of $7.50' nnfn 2°^ * bu, ked from *2.5003.50. with only a few outstanding kinds at $3 75® .If'w outters and cutters *102.25. ' _ -''oother 50c variafTon 1n vealer prices dav ed * nri he T-i.° P i° .* 6 ' sn on fast. Wednesoa., and Thursday s market wa* ° r H the 'H eek Eood and choice ®6 h so w eighfs bulked from *5.50 mostly a il d , medium $2.500 5. well as ‘evfreml v Th, i n inferior kinds as wpii a? extreme neavieF were not wanton counts!"* 113 y reCeivPd severe Prierdis and —SHEEP—'°cai lamb market surely gave a ?ood account, of itself this week in the tfmes t, a i ? Creased , supplies- Outlet at all times v. as normal at least and sufficient a On £aritv on *nd' VelOpf * a nd, t 0 hold prlces on a pant;, and .sometimes above nearhv “s@!o e c‘ hi2her b ‘, b >! y the casing market rk> is 23ff/50c higher than a week ago but more important than any price change is the dependablity of outlet and the inainta Mo n r Ce ° f Pr 'i es at relatively high levels ®s t 7s t , and wethers bulked from $5.25 I? 5 ; *i paid freely on Wednesday. This proved so be the “hot spot" for the J' ek j aild 8 little softening appeared Thursday Closing sales Thursday mostly *5. i5 down, top $6 sparingly, bucks SI less, throwouis $3 0 4.50: ewes $lO2, culls around 50c; breeding ewes quoted for $3 and slightly above.

In the Cotton Markets

* CHICAGO —Oct. 13— Hieh. Low. Close. January .- 6.77 6.52 8.55 March 8.88 6.61 6.68 Mar 6.98 6.72 6.77 Julr 7.05 6.83 6 85 October 6.46 December 6.75 6.46 6.51 NEW TORK January 6.70 6.41 .4g March 6 80 6 52 6 55 May* ; 6.88 6 62 6.64 Julv 6.96 6.70 6.73 October 6 53 530 6.30 December ,70 6.37 6.41 NEW ORLEANS January 6 68 6.41 6.44 March 6.77 6.50 6.54 Mav 6 87 6.61 6.65 Julv 6 95 6 70 6.77 December 6.64 6.37 6.40

Local Wagon Wheat

..Citj grain elevators are paving 39c for merits 8014 wheat- other grades on their CITY’ PASTOR APPOINTED The Rev, Homer Dale to Become Soldiers’ Home Chaplain Nov. 14. By T nitrd Pren* LAFAYETTE. Ind.. Oct. 14.—Rev. Homer Dale, Indianapolis, newly appointed chaplain of the state soldiers’ home here, will assume his position Nov. 14. He succeeds the Rev. Charles Harper, who resigned after seven years’ service. Mr. Dale, veteran of the SpanishAmerican war. is a pastor of the Disciples of Christ church.

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 Thursday's Times: Eighty-six Years in One Job— Miss Poly Gadsby, who started at the age of 9 and continued to work for the same concern for eighty-six years, died in April, 1932. entered the employ of Messrs. Archibald Turner & Cos. in London, and was an enthusiastic and cheerful • worker for four score and six years. She walked to the factory every day find spurned all the numerous Opportunities to retire, which her firm had offered her! Only death could termfhate this faithful laborer’s devotion to work and duty.

Saturday—‘Tleath Could Not Stop His Election.”

New York Curb Market

(Bv Thomson it McKinnon) -Oct. Is—Alum Cos of Am 52 Elec Bnd * Sh. 24 Am Cvnamid... 4%'Ford of Can .. 7 Am G it Elec.. 27% Ford of Enz.... Am Super Pwr.. 5 iHudson Bay 2% Ark Gas A !%lNat Bnd it Sh . 25% Ass Gas it Elec 2 :Nia Hud Pwr.. 14% Can Marconi ... l% St Regis Paper. 3% Cent Sts Elec... 9%'Std of Ind ... 21 Cities Service... 3% United G mewl 2% Cons G of Bt.. 63% Un Lt. * Pwr (A> 5 Comm Edison... 72 Un Fndrs 1% Cord 4% I

Investment Trust Shares

(By Abbott, Hoppin it Cos.) PRICES ARE TO 12 NOON C. S. T. —Oct. 14Bid. Ask. Am Founders Corp com 1.60 1.75 Amer and Gfn Sec (A) 5,00 7.00 Am Inv Tr Shares 1.75 2.50 Basic Industry Shares 2.12 2.58 Collateral Trustee Shares A 300 350 Corporate Trust New 1.75 1.87 Cumulative Trust Shares ... 2.60 2.65 Diversified Trustee Shares tAi 6 25 6.50 Fixed Trust Oil Shares 6.25 6.62 Fixed Trust Oil Shares <A i . 5.00 6.00 Fundamental Trust Shares tA> 2.50 2.62 Fundamental Trust Shar B.„ 2.37 2.87 Leaders of Industry (A) .... 2.50 3.00 Low Priced Shares 2.75 2.87 Mass Inv Trust Shares 13.75 15.25 Nation Wide Securities 2.50 2.75 North American Tr Shares.. 1.70 1.80 Selec'-sd Cumulative Shares. 5.25 5.62 Selected Income Shares ..... 2.75 3.12 Shawmut Bank Inv Trust... 2.75 .... Std Amer Trust Shares 2.85 3.05 Super Corp of Am Tr Shares 2.50 2.70 Trustee Std Oil (A 335 3.55 Trustee Std Oil (Bi 3.30 3.50 U S Elec Light it Power tA t 14.75 15.25 Universal Trust* Shares 2.00 2.15 New York Liberty Bonds —Oct. 13— Liberty 3%s '47 101.20 Liberty Ist 4%s '47 102.20 Liberty 4th 4%s '3B ... 103.20 Treasury 4'is '52 107.20 Treasury 4s '54 104.12 Treasury 3%s '56 102.3 Treasury 3%s '47 100.21 Treasury 3%s '43 March 100.23 Treasury 3%s '43 June 100.26 Treasury 3%s 49 97 18 Treasury 3s '55 95.30

Produce Markets

Delivered in Indianapolis prices: Hens, heavv breeds. 11c: Leghorns. Bc. Broilers. colored springers, l‘a pounds up. 8c: bareback* and partly feathered. 7c; Leghca n and black. lVa pounds up. 7c: Cocks and stags. sc: Leghorn cocks. 4c. Ducks, large white full feathered and fat. sc; small full feathered and fat. 3c. Geese, full feathered and fat. sc. Young Guineas. 25c ea.; old guineas. 20c. Eggs—Approved buying of Institute of American. Poultry Industries No. 1. 24c; No. 2. 19c; No. 3.11 c. | Eggs—Countrv run. loss off. 18. Sutter.l22 to 23c: undergrades. 20 to 21c; butterfat. 18c. These prices for healthy stock, free from feed. No sick ooultrv accepted. Quoted by tha Wadley Company. B J/ I'tiilri Prr*t CHICAGO. Oct. 14.—Eggs- Market, firm: receipts. 2.058 cases; extra firsts. 246 24’*r: firsts. 23’4 0 24lie: current receipts 19*1 22'jc: dirties. 12620 c. Butter—Market, steady; receipts. 7.890 tubs: extras. 20c: extra firsts, 19619'ic; firsts. n'aSlS'jc; seconds. lSftH'ie; standards. 19*iie. Poultry—Market, weak: receipt*. 24 trucks; fowls. It'S 13’ic: springer*. 11® 12c: Leghorns. 9'jc: ducks 10® 12c: geese. 9c: turkeys. 10®l*e: roosters 9c: Leghorn broilers. Sc. Cheese—Twins. 12'i6T2 l ?c: voting Americas, mi® 13c. Potatoes—On track, 270: arrivals. 96: shipments. 743: market, slightly weaker: Wisconsin and Minnesota Cobblers. 656 70c: Minnesota early Ohios. 5c South Dakota Ohios. 65® 70c; Idaho Russets. >1.3561.30. Bfl r W Press NEW YORK. Oct. 14 Potatoes- Higher; Long Island. 60c6*l 75 per barrel. Maine. >1.4061.60 per barrel; Idaho. >262.35 per sack. Sweet potatoes—Steady: Jersey basket. 50c® $1.40: southern barrel, >1.136 1.38: southern basket. 40c@>160 Flour - Quiet; sormgs: patents. *3.4063.90 per barrel. Pork—Quiet; mess >17.70 per barrel. Lard—Steady; middle west spot *4.6564.75 per 100 pounds. Petroleum— Firmer; New York refined. 17c gallon; yude Pennsylvania. *1.2261.72 barrel. Grease —Quiet; .brown. 2*®2 3 4c oer pound; white. 2 T 6 4c. Tallowy-Quiet.; special to extra. 2<6 3'.c per potind. Common hides—lnactive. Hides—City packers quiet: native steers. 7'jc; butt brands. 7c; Colorado*. O'-ye. Dressed poultry—Quiet; turkevs. 146 28c; chickens. 124r26c; broilers. 12622 c: fowls. 10619 c: Long Island ducks. 14*rl*c. Live poultry—Easy: geese. 8614 c; turkeys. 206 25c; roosteis. 10c: ducks, 9624 c; fowls, 11622 c; chickens. 86 18c. Cheese—Steady; Young America. 13**6I*14c. Butter—Firm: creamery, higher than extras, 21'.6 21 i c: extra 92 score. 20 l 4 c; firsts 90 to 91 aeore. l#4r 20'e; firsts 88 to 89 score. 18’i619c; seconds. neiJ'iC. 4. Eggs—Steady: special packs, including Tmusuol hennery selections. ?931c; standards, tobandied receipts. 2362m*

XJ R*f44*r*B V. S. I 1 X offle# RIPLEY

Dow-Jones Summary

Daily average volume of federal reserve bank credit outstanding during week ended Oct. 12. amounted to *2,234,000,000. a decrease of *8,000,000 from preceding week, but an increase of *198,000,000 over like 1931 week of 1931. Consumption of <rud . rubber by manufacturer* in the United State* for September amounted to 23.491 long ion*, again® 22. for August J9iW, an increase of % of J per rent, aeeording to rubber manufacturer* association. Riverside Cement Company declared the regular quarterly dividend of $1 SO on 6 per cent preferred stock, payable Nov, 1, of record Oct. 15. Leading refiners advance price of refined sugar 10 points to 4.25 cents a pound. Brokers loans increase *7,000.000 it) week to *433.000,000; non-brokers loans decline $23 000,000 to new low of $1244 000 000: federal reserve ratio on Oct. 12 stood at 61.3, against 61.1 in previous week, and 61.8 a year ago: -New York ratio 58.2 against 5T.8 and 61.8 respectively. Counsellors Fund Inc declared the dividend of 28 cents, payable Nov. 1. of record Oct. 15; 26 cents was paid in previous three months. American Ship Building Company stockholders approve reduction of stated • value of common to *t(| a share from *6O of surplus of *2.706.00(1, so created *2.000,000 to be used to wipe Out goodwill.

Railway in twelve months ended Sept. 30. reported net, after ordinary taxes, but before Interest, depreciation and federal taxes amounting to $968,030. against *1,341,018 in preceding twelve months. Total of $124,563,000 in self-liquidating loans was authorized b.v reconstruction finance corporation Wednesday, according to director Harvey Couch. Truscon Steel Company has been awarded contracts for more than 900 tons of steel mesh to be used on the New York and New Jersey highways. American Chirle Company In quarter ended Sept. 30. 1932. reported net profit amounting to *442,397 after depreciation, federal iaxea, etc., again® *527,539 tn third quarter of 1931; nine months' net profit amounted to *1,393,638, againat *1.636.928. Oil producers sales agency reports offshore tanker shipments from Pacific coast territory in September totaling 4.384.523 barrels, against. 3,724,878 in August and 5,253,772 barrels in September, 1931. Cash Grain —Oct. IS— The bids for car lots of grain at the i ckll of the Indianapolis Board of Trade f. o. b.. shipping point, basis (llie New York Rate, were: Wheat—Easy: No. 1 red, 40 0 41c; No. 2 red, 39@40c: No. 2 hard. 40@41c. Corn Easy: No. 2 white, 19020 c; No 1 white. 18%® 19%c; No. 2 yellow. 19020 c; No. J yellow, 18%® 19%c; No. 2 mixed. 18019 c; No. 3 mixed, 17 , / 2 @18%c. Oats—Easy: No. 2 white, 15Vi012c; No. 3 white, 11*2@12%c. Hay—Steady. (F. o. b. country points taking 23'ac or less rate* to Cincinnati Louisvillei. Timothy—No. 1, (5.50 08, No 2, *5 0 5.50. —lnspections— Wheat—No. 1 red, 1 car; No. 2 red. 6 cars; No. 4 red. 1 car; No. 5 red. 1 car; No. 1 mixed. 1 car. Total. 10 cars. Corn- -No. 1 white. 2 cars; No. 2 white, I cars: No. 4 white. 1 car; No 1 vellow. 9 cars: No. 2 yellow. 45 cars; No. 3 yellow. 10 cars; No. 4 yelow, 1 car; No. C yellow, 2 cars. Total. 88. cars. Oats—No. 2 white. 7 cars: No. 3 white. 12 cars; No. 4 white, 1 ear. Total, 20 cars. RAW SUGAR PRICES —Oct. IS—- ■ High. Low. Close. January 1 09 1.08 1 08 March 1 05 1 04 1 04 May i n* i 07 108 July ms in l li September M 7 MS lib December 1.13 1.11 I.IT

Thomson & M'Kinnon Brokers INDIANAPOLIS CHICAGO NEW TORK MEMBERS x 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

PAGE 23

STODK SHARES MAKE GAINS IN QUIETTRADING Steel Common Rallies After Lowgr Opening: List Is Strong. Average Stock Prices forty bonds 79.32. ofT%B M ' Avfr ** *1 BY ELMER C. WALZER l oi|* p r **s Fln*nri| Fifitor NEW YORK. Oct. 14.—The stock market steadied today after opening irregularly higher. Leading ls . sues firmed up in dull turnover. Steel common opened at 33%, off qul £ kly mad * up the loss. ? hem Steel eased f Gwtionallv. Railroad issues were firm, with Southern Pacific at 17%. u p %• New York Centra l 20, up %; Union Pacifl- 59, up 1%, and Atchison 38% up %. ?* American Telephone opened at par up %. Utitlities generally were steady to firm. * A^ Urn Automobile rose a poj nt 40 , m a firm automobile groun Chrysler met demand on announcement of its new Plymouth six. Nash rose to 13%, up %. while General Motors sold at, 13. up %. Farm equipments were better, as were the mail order shares. Oils made small gains. Small losses were noted in a few isolated issues. • America dollar steacty in relation to European gold currencies. Gold to the amount of $7,000,000,000 came into the rount£ las* week, while gold reserves of the federal reserve system were uA sl9 - 003.000, the difference being accounted for in part by return of gold from hoarding. New York Bank Stocks

(Bv Thomson * McKinnon) —Oct. 13Bankers Brooklyn Trust 18? 197 ' Central Hanover 133 137 Chase National 77 Chemical " 771 Citv National 3 */ Corn Exchange In 2 Commercial iq Continental V.V 17% IStc Em Dire 24'-9 First National 1 475 1 *2S * p r^n rantv ..V.". 1 295 r 3B jrvinor 0314 s*l Manhatten * Cos 30% 7?.* Manufacturers j*.2 a-i* New York Trust .7 87 * g * New York Coffee —Oct. 13— BANTOSMarch *B*7B “ms 38; ••••.•• 7. 8 ' 47 "'2 nE'e'mW H 3 *2* 8.20 December 9.50 9jj 929 „ . - -RlO—■ M ar . ch "0 5.92 5.82 7.'.v.7.'.v.7.v.v:.v ■::' - MJ September " 2 December 5.37 8.35 A37

Zaiser & Zaiser (•rnrpnrnted Brokers Stocks and Bonds 129 E. Market I.lncoln' 9375 l.lnrnln 3187

is Safety for Savings Fletcher American NATIONAL BANK Coraar of Mnrkatond Panntyfv^nlo

We Buy and Sell Th S. Government Bonds Federal Land Bank Bonds x Joint Stock Land Bank Bonds T. P. Burke & Inoorprte4 SUITE 223 UIRULK TOWKB ' PHONK Riley *536

—SAFETY— First Os All jFlrtrher Artist (Cnmpang

ABBOTT, HOPPIN & COMPANY 203 Continental Bank Bldg. Indianapolis Stocks, Bonds, Grain MEMBERS: New York Stock Exchange New York Curb Exchange Chicago Stock Exchange Chicago Curb Exchange Chicago Board of Trade Co-Managers JAMES T. HAMILL KENNETH K. WOOLLENG. Formerly Member* of JAMES T. HAMILL & COMPANY Rne7.5423.54M