Indianapolis Times, Volume 44, Number 152, Indianapolis, Marion County, 4 November 1932 — Page 20

PAGE 20

LIGHT BUYING GARRIES STOCK SHARESHIGHER All Sections of List Show Gains in Early Trade.

Average Stock Prices

Average of thirty industrial* for Thursday. high 59 06, low 57.21, last 58 28. off ;*■ A \T of '**nty rail* 25 32 24 17, 21 22* SP-j,* 3 ~ Average of twenty utilities 2*' W, 25.27, 2ft M, off .20. of lortv bond* 78.01. off 38. g 01 BY ELMER C. WALZER United Press Financial Editor NEW YORK, Nov. 4.—Thursday’s late rally carried over into the initial dealings on the Stock Exchange today. Prices moved up fractionally In all sections of the list with irolume small. American stocks improved at London before the opening here. Sterling was steadier in the foreign exchange trading. New York cotton futures rose 4 to 7 points, and sugar ruled firm. Railroad shares, hardest hit in Thursday’s early selling, made the best showing today. New York Central rose to 20%, up 1; Atchison 57Vs, up Ti; Chesapeake & Ohio 20%, up 14; Pennsylvania 13, up %; Union Pacific 594, up 6, and Delaware, Lackawanna & Western 25, Up 1. United States Steel opened at 82%, up %, but other steel shares were around the previous close. United Aircraft was carried up a point to 22Vi. American Smelting headed the coppers with a rise of % to 13%. Homestake Mining, Thursday’s sensation, opened at 147, off 2% points net.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 4 ClearinK* *1,920,000.00 Debits 4,308,000.00

Investment Trust Shares

ißv Abbott, Hoppin <te Cos.) PRICES ARE TO 12 NOON C. S. T. —Nov. 4 Bid. Ask. Am Founders Coro com 1.00 1.25 Amer and Gen Sec (A) 4.00 7.00 Am Inv Tr shares 1.50 2.00 Basic Industry shares 1.75 2.00 Collateral Trustee shares iAi.. 3.00 3.25 Corporate Trust new 1.59 1.62 Cumulative Trust shares 2.50 2.70 Diversified Trustee shares iA > 6.75 7.00 Fixed Trust Oil shares (A).... 5 25 5.75 Fixed Trust Oil shares ißii. 4.50 . 5.00 Fundamental Trust shares iAi 2.75 3.12 Fundamental Trust shares (Bi 2 75 3.12 Leaders of Industry <A) 2.37 2.62 Low Priced shares 2.50 2.u2 Mass Inv Trust shares 13,25 14.75 Nation Wide Securiltes 2.25 2.35 North American Tr shares (53) 1.64 1.70 Selected Cumulative shares ... 5.00 5.37 Selected Income shares 2 62 3.00 Shawmut_ Bank Inv Trust... 3.00 Std Amer Trust shares 2.25 2.37 Super Corp of Am Tr Shares.. 2,15 2.30 Trustee Std Oil <A i 330 3.10 Trustee Bt.d Oil iB) 3.30 3.40 U R Elec Light. A Power iAi . .14.00 14.25 Universal Trust shares 1.98 2.08

Foreign Exchange

ißv Abbott. Hoppin & Cos.) —Nov. 4 Open. Sterling. England $3.29ta Franc. France 0393‘/a Lira. Italy 0512 I'ianc. Belgium 1393 Mark. Germany 2375 Guilder. Holland 4027 Peseta. Spain 0817 Krone. Norwav 1677 Krone Denmark 1714 Yen. japan 2113

INDIANAPOLIS STOCKS AND BONDS

(By Newton Todd) . The followinß quotations do not represent firm bids and offerings, but indicate the approximate markets based on recent transactions or inquiries to buy and sell, —Nov. 4 Stacks s lc Belt R R and Stkyds com 22 26 Belt R R and Stvkds pfd 45 50 Cent Ind Pwr 7% pfd 24 28 Citizens Gas com 14 17'% Citizens Gas 5% pfd 78 88 Indpls Pwr and Lt 6 r r pfd 63 69 Indpls Pwr and Lt 64% pfd.. 68 78 Indpls Gas com 42 48 Indpls Water 5% pfd 92 98 Indpls Pub Welfre Ln Asso com 47 52 Nor Ind Pub Serv 7% 51 56 Pub Servos Ind 6% pfd 27 32 Pub Servos Ind 7% pfd 45 49 So Ind Gas and Elec 6% pfd... 64 69 Terre Haute Elec 6% pfd 46 52 Bonds Belt R R and Stkyds 4s 84 89 Citizens Gas 5s 1942 88 92 Indpls Gas 5s 1952 79 83 indpls Rvs 5s 1967 23 28 Indpls Water 44s 1940 93 96 Indpls Water 54s 1953- 54 .. 974 100 Trac Terminal Corp 5s 1957.. 38 43 Chicago Stocks Opening ißv Abbott, Hoppin & Cos.) Nov. 4 Air Red 50%:Johns Manville.. 19% Anacondu 8% Montv Ward ... 10%-, Am For Pwr... 6% N Y Central.... 20% Am Tel & Tel.. 100% N American .... 25% Auburn 38(2 Natl Cash Reg. 8 7 * Cons Gas .... 55 iPenn R R 13 Bvers A M 13%iPackard 2% Case J 1 34 Radio 64 Ches & 0hi0.... 20%!Cons Oil 6'* Fox Film A 2% Std Oil of N J. 29% Gillette 16%ITexns Corp.... 134 Gen Mot 12% U S Steel 32% Gen Elec 15 /United Corp.... 7% Ooodvear 14% Un Carbide 21% Gold Dust 15 ;Vanadium 11 Gen Am Tk Car 15 Westinghouse El. 234 Int Nickle 7**!WoolW'orth 36%

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4> 2 lbs., lie; under lbs . 9c: leghorns, 7c: broilers, colored springers, l'a lbs. up. 10c: barebacks and partlv feathered. 7c; leghorn and black. lVy lbs. up. 8c: cocks and stags. sc; leghorn cocks. 4c. Ducks, large white, full feathered and fat. 7c; small. 4c. Geese, full feathered and fat. 7c. Young guineas, each. 20c: old. 15c. Eggs, approved buying grades of Institute af American Poultrv Industries: No. 1. 24c; No. 2. 19c: No. 3.11 c; country run. loss off 20c. Butter. 22 to 23c: undergrades. 20 to 21c: butterfat. 18c. These prices for healthy stock, free from feed. No sick poultrv accepted. Quoted bv the Wadlev company. BT UNITED PRESS CHICAGO. Nov. 4.—Eggs- Market, firm; receipts 2.433 cases; extra firsts. 26‘jifr27c: firsts 25‘-fa 26c; current receipts. 224i25c: dirties. 174i21c Butter—Market, steady; receipts 7.885 tubs: extras. 19 3 4c; extra firsts 18 3 <® 19’c' firsts, 11*i® 18c: seconds 15<6i 16 ! aC: standards, 19'sc. Poultry — Market, steady; receipts 1 car. 29 trucks; fowls. 118 14c: springers. lOfill’iC; Leghorns. 9'jc: ducks. io'ol2':c; geese. 94/ 12 ! jc; geese. 9'sc; turkeys. 10<817c; rooster*. 9c: Leghorn broilers. 9c. Cheese— Twins, 114/ ll’yc; Young America. IP-ifa 12c Potatoes—-On track 207: arrivals. 58: shipments. 380: market, dull; Wisconsin cobblers, 604/65c; few 70c Minnesota cobblers. 60®67>ac: North Dakota Red Ri\er Ohios. 70c; Idaho Russet*. $1.05® 1.15; Michigan Round Whites. 65c. CLEVELAND. Nov. 4.—Butter—Market, tteadv. extras, 2S 3 c: standards. 23' 2 c. Eggs—Market, firm: extras. 29c; extra firsts. 26c; current receipts. 24c. Poultrv —Market, steady; heavy fowls. 14'nl5c; medium fowls. 12®13'2c: Leghorn fowls. 8310 c: heavv rock broilers. 124/13c; heavv colored broilers. 114112 c: medium broilers llS'lOc: Leghorn broilers. 10c: heavv ducks 12c. medium ducks. 10c: young geese. 10c; old geese. 8c: voung turkeys. 204/ 32c: old roosters. 10c. Potatoes—Ohio and Pennsylvania 100-lb. sacks U. S No 1. Cobblers and Russets Rural* partlv graded mostly 65®70c: few best. 75c; New York Ohio and Pennsylvania Cobblers and Russet rurals sacks a bushel. 4>arllv graded mostly. 35(3 40c; few best well graded. 45 <5 50c. Other Livestock BY UNITED PRESS TOLEDO. O. Nov. 4 Hogs—Receipts. 350. market. 10c higher: heavy Yorkers, 85 10i3 20; mixed. S3 .5® 3.20; bulk *3.154/ 220 pigs. *l4/3.15: lights. *3 10®3 IS; roughs. *2 258 250 Cattle-Receipts. 275: market, slow Calves—Receipts, light; market, steady Sheep and lambs— Receipts, light, market, steady. .

New York Stocks

—Nov. 4 Railroad*— Prev. High Low. 11:00 close. Atchison 38% 37 38 3“ Ati Coast Line 1* 1® Bolt fit Ohio .. 11’. 114 114 114 Chess fit Ottio... 21% 20"* 21‘a 30• Chess Corp ... 12 a 11s 13'a 12 Can Psc 13 1 a 13' 134 13 Chi Ort West 3 24 ICht N West 5% 5'4 54 s*. C R I & P 54 4*4 Del L& W 264 244 264 24 Del fit Hudson 54 Erie 54 54 Erie Ist pfd Orest Northern,. 11% 104 11 10Illinois Central. 144 144 13% 134 Lou A: Nash 184 I#4 184 18 M K Ac T 6 54 Mo Pacific 44 Mo Pacific old 74 7 N Y Central 224 204 214 194 Nickel Piste.. 34 N V N H <fc H 144 14 144 13 Nor Pacific 154 144 154 144 O At W 74 74 Pere Mara 54 Pennsylvania .. 134 13 134 134 Reading ... 31 Seaboard Air L ... .•• 4 So Pacific 184 154 184 15-. Southern Rv 74 74 7Vs 7 St Paul St Paul Dfd 3 St L At 8 P 4 Union Pacific ... 61 4 59 614 59 W Maryland 54 Equipments— Am Car At Fdv 74 Am Locomotive ' Am Steel Fd 54 Am Air Brake Bh 10 94 9% 10 Gen Am Tank ... }*> eGneral Elec... 154 144 154 144 Oen Rv Signal 134 Lima Loco , H •' Press Stl Car , 14 Pullman 204 194 204 19 Westingh Ar B Westingh Elec... 24 4 23 4 24 .23 Rubbers— Firestone ~ 13 Fisk hk Goodrich ts ••• ••• , */ a Goodyear 15% - a Kelly Sprpfld Lee Rubber . U S Rubber 4’a Motors— .. Auburn 41 384 41 38,* Chrysler 134 134 134 12 * General Motors.. 12 % * 12% 12 a 12 Oraham-PaiKe .... • • ■ J a J 2 Hudson 44 44 44 4 SSSS ::: -19 % “ash i24 124 124 124 Peerless 14 Reo *3* Studebaker . ‘ White Mot 20 4 20 20 4 20 2 Yellow Truck .. 34 3% 3 s 3 s .Motor Access — Eendix Aviation 94 94 9 < 9 Borg Warner ... * ' Briggs Campbell Wv ... ••• Eaton •,•!. ,?,* El Auto Lite 164 16 16V 2 IS . El Storage Haves Body. ••• 1 ■ i 1 Houda • i v Murray 80dy.... 34 34 3.* ‘ Snarks-W I, 4 Stewart Warner ~ 3 2 Timkin Roll 14 14 Mining— .., Am Smelt 131/4 12 2 Anaconda Con.. 84 8 * Alaska .lun 114 114 114 11" Cal At Hecla 38 38 Cerro de Pasco.. .. ] ” 2 Dome Mines .... 1 l} * 11 “ i: 4 Freeport Texas.. 214 214 2L4 21 Granby Corp i 5 ? Int Nickel 7% 74 74 7 2 Inspiration .... ••• •••,, "* * Kennecott Cop ..10 4 9 s 1® 38 Miami Copper 3 NorandS s .::::::: in ‘m. w Texas Gul Sul.. 21 4 21 21 4 204 U S Smelt 13 2 Oils— ~ Atl Refining 2 °.* Barnsdall 4 8 Houston 33 Shd Oil 13 12 Ohio Oil S'* 84 Pan-Amer tBI .. .. .•• ••• Phillips 54 54 54 54 Pure Oil 4 34 4 3 8 Royal Dutch . ■ .•• I®, Shell Un 6Vs 6 6's 64 Simms Pt , 54 54 Cons Oil 6% 8 4 64 Stand of Cal. ... 24 4 2 4 4 24 4 234 Stand of N J.... 304 294 30 4 29 4 Soc Vac 7 3 a 7J/2 V/2 Texas Cos I 4 134 I 4 J 3 < Union Oil 10'/s 104 . Steels — Am Roll Mills... 94 94 ; 94 Bethlehem 164 16 16 A 16 1 Bvers AM 134 134 134 12 a Colo Fuel 6 Cruc Steel ••• 13 Ludlum ••• 5 “ McKeesport Tin .. ... ••• 43 Midland 64 64 61 J* Newton 34 Repub I At S • 6 5 s U S Steel 334 324 334 324 Vanadium 114 11 JJ-Vs 16.' Youngst SAt T. 11 104 11 94 Am Tob A New . ... ..... 62 4 61 Am Tob B New. 6 4 4 63% 64 4 62 4 Lie At Myers B 54 4 53 4 Lorillard 124 124 12 b 12* Reynolds Tob... 29 284 2874 28 2 United Cig 4 Utilities — Adams Exp ... 44 Am For Pwr 74 64 7 64 Am Pwr At Li.... 84 8 8 * 7k A T .V T 102 4 100 4 102% 99% Col Gas At EL. 114 114 114 114 Com At Sou 27* 24 2 r 2 * Cons Gas .... 564 -56 56 2 53-r El Pwr At Li.. 74 7 7 . 64 Gen Gas A .... 84 84 84 8 Lou Gas At El.. .. ... ... } Natl Pwr At Li 144 134 144 134 No Amer Cos . . 264.254 264 254 Pac Gas At El.. 27 264 27 264 Pub Ser N J... 46 4 46 4 46 4 4 5 4 So Cal Edison .. 254 25 25 4 244 Std G At E 1.... 154 15 154 14_ United Corp ... 84 74 84 77* Un Gas Imp 17Vi 174 Ut Pwr At L A. 34 West Union ... 27 4 26 4 27 4 6 Shipping— Am Inti Corp 64 N Y Ship , 24 United Fruit ... 174 19 Vi 19 4 . 184

Indianapolis Cash Grain

—Nov. 3 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 414 c New York rate, were: Wheat- Weak; No. 1 red. 36®37c; No. 2 red. 35®36c; No. 2 hard, 36® 37c. Corn—Steady; (old) No. 2 white, 174® 18c; No. 3 white. 1640174 c; No. 2 yellow, 174®18c; No. 3 yellow. 1640174 c; No. 2 mixed, 1640174 c; No. 3 mixed, 16 ® 164 c. Oats- Steady: No. 2 white, 120124 c; No. 3 white, 114® 12c. Hay (f. o. b. country points taking 234 c or less rates to Cincinnati or Louisville) Steady; No. 1 timothy, $5.50®6; No. 2 timothy, $5®5.50. —lnspections Wheat —No. 1 red. 3 cars; No. 2 red, 1 car; No. 3 red. 1 car. Total, 5 cars. Corn—No. 2 yellow, 11 cars; No. 3 yellow, 2 cars; No. 4 yellow, 1 car; No. 5 yellow. 1 car; No. 2 mixed. 1 car; No. 4 mixed. 1 car. Total, 17 cars. Oats —No. 2 white. 8 cars; No. 3 white, 7 cars; No. 4 white, 1 car. Total, 16 cars. INDIANAPOLIS WAGON WHEAT Citv grain elevators are paving 36c for No. 2 soft wheat. Other grades on their merits. By Times Special CHICAGO. Nov. 4.—Carlots: Wheat, 7: corn. 203; oats, 10: rye, 0, and barley. 5.

THIS CURIOUS WORLD -

Os /V£W*£s4LAA/0. /p Tfu* ONCE HAD AN EYE (N THE MIOOLE /O/ \|kY/~<V* OF ITS- HEAD. A ROOIME NTARY Cr*Tl IVfc OC EYE CAN BE J-EEN fN ITS' BRAIN. PAY ??ICT/ARDf/A(£(6OE?7ON SWAM from the ATLANTIC —- TO THE PACIFIC... THROUGH THE PANAMA CANAL. HE PAID THE GOVERNMENT THIRTY SIX CENTS fogJQy*CHABGES, BASED ON Hlff TONNMGE/^

Foods— Am Sug am 204 214 204 Armour A . > 11. Cal Pkg 9% £*n Dry 8 4 84 Coc Cola 904 894 904 90 Cont Baking iAi 4 Corn Prod 48% Crm Wheat ... 24 4 23 % 244 234 Cuban Am Bug.. 14 14 14 . Gen Foods .... 27% 27 27 4 26 4 Grand Union 44 44 Hershey 55 534 Jewel Tea 264 Kroger 14% 141 a Nat Biscuit 364 36 364 35 Natl Dairy 174 17 174 164 Purity Bak 74 PHJabury ... ii 104 Safeway St 48% 47% 48 4 47% Std Brands ... 14% 144 144 14% Drugs— Cot.v Inc 3i 4 Drug Inc 33 4 33 '334 324 Lambert Cos 34 33 Lehn At Fink jg Industrials— Am Radiator... 64 64 64 6% Oen Asphalt 7 ' Lehigh Port ‘ g 041* Kiev 114 114 il4 114 uien ... ... Indus Cbems— Air Red 514 504 514 49% Allied Chem 71 4 69 4 71 68 4 Com Solv 9 84 9 84 Dupont 324 314 32 4 314 Union Carb .... 214 21 Vs 214 20% L S Ind Alco 224 Retail Stores— Assoc Drv Gds. 51, Kresge S S 10 Mav D Store. 124 Mont Ward 11 104 ii 10 Penny J C 194 194 194 194 Sears Roe 174 164 174 164 Woolworth 364 36% 364 35 4 Amusements— Bruns Balke 2 Crosley Radio 4g% Eastman Kod... 504 484 504 ... Fox Film A 2 4 Origsbv Gru 1 1 Loews Inc 24% 234 Pa ram Fam 24 24 Radio Coro 64 64 64 64 R-K-O 31,4 Warner Bros 14 1% Miscellaneous—• Citv Ice & Fu.. ... 111/2 11 Congoleum 94 9 94 9 4 Proc At Gam... 29% 28% 29% 29 Allis Cha! 7Vi 77/r Am Can 50 4 50 4 50 4 48 4 J I Case 35% 34 354 324 Cont Can ... 324 Curtiss Wr... 14 I*4 1% 1% Gillette SR... 17 164 164 164 Gold Dust 154 15 15% 144 Tnt Harv 204 284 204 28% Int Bus M 87Vss 86 Peal Silk 44 Un Arcft 2.34 22 227* 21V* Transamerica ... 44 44 44 4 1 /- New York Curb (By Thomson At McKinnon) —Nov. 4 11:00.1 11:00. Alu Cos of Am.. 47 Imp Oil of Can. 74 Am Cynamid .. 34;int Pete 9V* Am Gas At El . 26%: Int Super 12 Am Super Pwr. 441 Newmont Min .. 104 Ark Gas A 14Nia Hud Pwr .. 134 Asso Gas At El. S'/alPenroad l>/ 2 Braz Pwr At Lt. 741 St Regis Paper.. 3Vi Cent Sts El 24'Salt Creek 4 Cities Service.. 3 4 So Penn Oil ... 134 Deer A: Cos 44! Std of Ind 224 El Bnd At Sh... 2141 Un Gas mewi.. 2 Goldman Sachs 24: Un Lt At Pr IAI 44 Gulf Oil 30 Ut Pwr 14 Hudson Bay ... 3 !Un Fndrs 14 New York Bank Stocks By Thomson At McKinnon —Nov. 3 _ , Bid. Ask. Bankers 604 624 Brooklyn Trust 160 175 Central Hanover 130 134 Chase National 32% 344 Chemical 33 35 City National 40 42 Corn Exchange 664 694 Commercial 160 170 Continental 164 184 Empire * 224 244 First National ~1.490 1 540 Guaranty 299 304 Jjvinß 214 234 Manhatten At Cos 284 304 Manufacturers 25 4 274 New York Trust 884 914 Public 28 30 Title 38 Ii 41i/ 2 New York Liberty Bonds —Nov. 3 Liberty 34s '47 voiTi Liberty Ist 4%s ’47 102.8 Liberty 4th 4%s '3B 103 12 Treasury 4%s '52 107 1 Treasury 4s '54 103 30 Treasury 3%s ’56 102 8 Treasury 3%s 47 100 24 Treasury 3-4s '43 March 101 6 Treasury 34s '43 June 101.5 Treasury 34s '49 97 23 Tieasurv 3s '55 96 5

In the Cotton Markets

CHICAGO —Nov. 3 High. Low. Close. January 6.12 607 6.10 March 6.23 6.17 6.21 May 6.32 6.27 6.29 July 6.44 6.37 6.38 October 6.63 6.57 6.57 December 6.09 6.03 6.06 NEW YORK January 6.10 6.04 6.04 March 6.20 6.13 6.13 May 6.1.29 6.25 6.25 July 6.39 6.35 6.36 October 6.53 6.50 6.51 December 6.04 5.99 6.00 NEW ORLEANS January 6.06 6.00 6.01 March' 6.16 6.11 6.13 May 6.25 6.21 6.22 July 6.37 6.32 6.34 October 6 52 6.48 8.48 December 6.03 5.97 5.97 Births Girls John and Mary Dezelan. 1137 N. Mount. Leland and Hazel Wood. Methodist hospital. Ralph and Florence Day, Methodist hospital. Joseph and Ella Graves. 2310 Indianapolis. Albert and Naomi Barkerville, 1222 North King. Joseph and Thelma Lewis, 546 Jones. Boys Calvin and Viola Boyd. 2048 Cornell. Francis and Aileen Dickman, Methodist hospital. William and Vethia Funkhouser, Methodist hospital. Harry and Catherine Rogers, Methodist hospital. Arthur and Flodora Duncan, 234 North Hanson. Norman and Marget Wright, 1231 East Market. Walter and Helen Schell, 1143 Udell. Berkley and Bertha Lively, 2310 Woodlawn. Herbert and Rudell Dukes, 966 West Thirtieth. Deaths Beulah M, Walker. 57. 60LT East Washington. chronic nephritis. Franklin F. Taylor. 78, 4223 Ralston, coronary embolism. Clara Alma Hazel. 36, 1437 West Everett, carcinoma. Frank Hoffman, 62, 2351 Broadway, arterio sclerosis. William P. Chase. 76, Methodist hospital, accidental. Charles Baldwin, 61, 937 Sanders, carcinoma.

THE INDIANAPOLIS TIMES

HOGS MOVE UP ON SCARCITY OF SUPPLIES HERE Hardly Enough Cattle on Hand to Make a Market. Bolstered by the light supply and steady demand hogs moved up 15 cents on most classes this morning at the city yards. The bulk, 100 to 300 pounds, sold for $3.35 to $3.45; early top holding at $3.45. Receipts were estimated at 5,500. Holdovers were 98. Hardly enough steers were on | hand in the cattle market to make a showing. She stock was little changed. Receipts were 400. Vealers were steady at $5.50 down. Calves receipts numbered 500. In the sheep market lambs were weak, selling mostly at $5.50 down. Top prices w r as $5.75, paid more sparingly than Thursday. Receipts were 2,000. Early sales and bids on hogs at Chicago showed an increase of 5 to 10 cents over Thursday's average. The bulk of good to choice porkers weighing around 140 to 240 pounds, sold at $3.35 to $3.40, while heavy packing sows scaling 360 to 500 pounds, sold at $2.50 to $2.80. Receipts were estimated at 10,000, including 3,000 direct; holdovers were 3.000. Cattle receipts numbered 1,500; calves, 600; market stationary. Sheep receipts were 10,000; market unchanged. HOGS Oct. Bulk. Top. Receipts. 29. $3.15® 3.35 $3.35 3.000 31. 3.15® 3,35 3.35 6.000 Nov. 1. 3.254 J 3.35 3.35 7,000 2. 3.15®! 3.25 3.25 7.000 3. 3.20® 3.30 3.30 6.000 4. 3.35® 3.45 3.50 5,500 Receipts, 5,500; market, higher. (140-160) Good and choice....s 3.45® 3.50 —Light Lights—-(l6o-180) Good and choice ... 3.45® 3.50 —Light Weights—-(lßo-200) Good and choice ... 3.40@ 3.45 (220-250) Medium and g00d... 3.35® 3.40 —Medium Weights—-(22o-250) Medium and g00d... 3.35® 3.40 1250-290) Good and choice.... 3.35® 3.40 —Heavy Weights—-(29o-350) Good and choice.... 3.20® 3.35 —Packing Sows—-(3so-500) Medium and good.. 2.25® 3.00 (100-120) Slaughter pigs 3.35® 3.45 CATTLE Receipts, 400; market, steady. Good and choice $ 6.00® 8.50 Common and medium 3.00® 6.00 (1,000-1.800) Good and choice 6.50® 9.00 Common and medium 4.50® 6.50 —Heifers— Good and choice 5.25® 7.50 Common and medium 2.50® 5.25 —Cows— Good and choice 3.00® 3.75 Common and medium 2.25® 3.00 Low cutter and cutter cows.. I.oo® 2.25 —Bulls (Yearlings Excluded! — Good and choice beef 2.75® 3.50 Cutter, common and medium.. 1.75® 2.75 CALVES AND VEALERS Receipts, 500; market, steady. Good and choice ...' $ 5.00® 5.50 Medium 3.00® 5.00 Cull and common 2.00® 3.00 —Calves— Good and choice 4.00® 5.00 Common and medium 2.50® 4.00 —Stocker and Feeder Steers— Good and choice 4.75® 6.00 Common and medium 2.50® 4.75 (600-1.500) Good and choice 4.75® 6.00 Common and medium 2.50® 4.75 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 5.00® 5.75 Common and medium 2.50® 5.00 Ewes, medium and choice .... I.oo® 2.00 Cull and common 50® 1.00 Other Livestock BY UNITED PRESS CHICAGO, Nov. 4.—Hogs—Receipts. 10,000. mciuQing 3,000 direct; active. iuc nigner; i*o-20 Ids.. $3.30(3.40; top. pigs, $2.85® 3.25: packing sows, s2.ao(ti 2.9 U; smooth lignt weights to $3.15; light ngnts, 140-lbO lbs., good and cnoice. $3.15®3.40; light weights, 160-200 lbs., good ana cnoice, $3.25®3.4b; medium weights. 200-250 lbs., good and choice, $3.30(&3.45; heavy weights, 250-350 lbs., good and choice. $3®3.46; packing sows. 275-500 lbs., medium and good. $2.50®3.1a; slaughter pigs. 100-130 Ids., good and choice. $2.85®3.50. Cattle —Receipts. 1,500; calves. 600: quality plain, slaughter steers and yearlings fairly active, strong: light heifer and mixed yearlings, strong: beef cows, dull; bulls ana vealers, unchanged; no load lots steers or yearlings on offer eligible to over, $6.75. Slaughter cattle ana vealers- —Steers. 600tOO lbs., good and choice. [email protected]: 900-1100 los.. good and choice, s6® 8.50, 1100-1300 lbs., good and choice. $6.25® 9; 1300-1500 lbs., good and choice. $6.50(c;9; 600-1300 lbs., common and medium. s3® 6.50; heifers. 550-850 lbs., good and choice. ss.7sia> 7.75; common and medium. [email protected]; cows, good and choice. s3®4; common and medium, $2.25@3: low cutter At cutters. $1.25® 2.25; bulls, yearlings excluded, good and choice, beef. $2.75®4.25; cutter to medium, s2® 3. vealers. milk fed. good and choice. $4.50®6: medium. $3®4.50; cull and common. s2® 3. Stocker and feeder cattle — Steers. 500-1050 lbs., good and choice. $4.25 ®6.25; common and medium. $2.75®4.26. Sheep—Receipts. 10.000; mostly steady with Thursday’s average; desirable native lambs. ss® 5.75; latter price also bid for fed westerns: one load closely sorted natives. $5.90 to city butchers. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. ss®6: medium. s4®s: all weights, common, $3.50®4; ewes. 90-150 lbs., medium to choice. $1®2.50: all weights, cull and comon. 50c® $1.75. Feeding lambs —5075 lbs., good and choice, $4.50®5.25. PITTSBURGH. Nov. 4.—Hogs—Receipts. 2,700; market mostly 5c higher; 140-240 lbs.. $3.60® 3.75: 240-290 lbs., $3.40® 3.60; 100-130 lbs., $3.40® 3.65; packing sows, steady, mostly $2 50® 2.75. Cattle—Receipts, 50; market, about steady, medium grade steers and yearlings quoted at $4.35®5.75; good grade about $6 upwards; common doi’T to $3.25; medium to good cows $2,504/3.50; sausage bulls s2® 3; calves, receipts. 150; market slow, weak to 50c lower; better grade vealers. ss® 6. Sheep—Receipts 1.250: market, lambs steady to 10c higher; better grades ss.so®> 5.85; heavy weights $4.75®5.25; common to medium. $34/4.25. CLEVELAND, 0.. Nov. 4.—Hogs—Receipts 700; hold over none; bulk mostly 10c higher; weights 250 lbs. down to pigs, $3.60; rough sows steady at $2.75; stags 25c higher. $2.25. Cattle—Receipts. 17s; steady; scattered light weight steers, $3.25® 4.25; grade largely common, some cutter; low cutter cows, $1®1.75; most sausage bulls $3 downward; calves, receipts, 200: steady; bulk vealers $5.50 down; sparingly $6; cull to medium. s3® ! 4.50. Sheep—Receipts, 2,500; around steady; good to choice lambs. $5.50®5.75; best held above 55.85; heavy and buck lambs. $4.50®5; other throw outs largely $4.50 down. EAST ST. LOUIS. Nov. 4.—Hogs—Receipts. 6.500: market, active; uneven, 10® 20c higher than Thursday's average: top, $3.35; most sales. 130-220 lbs.. $3.25®3.35; a few 240-250 lbs.. $3.154?3.20; light pigs, upward to $3.50; sows, largely, $2.30®2.60. Cattle —Recipts, 1.000; calves, 600: market. not enongh steers to make a market; vealers. 25c lower; top. $5; medium bulls, unchanged: top. sausage kinds, $2.60; other classes about steady; mostly on a cleanup basis. Sheep—fteceipts, 1.500; market opened about steady to butchers with packers inactive; good and choice lambs mostly $5.75: packers talking $5.50 or less; sheep, unchanged; fat ewes, $1.50® 2. FT. WAYNE, Ind., Nov. 4.—Hogs—2oc up: 140 lbs., down, $3.05; 140-170 lbs.. 53.15; 170-200 slbs., $3.30: 200-250 lbs. 53.20: 250-300 lbs.. $3.10: 300-350 lbs.. $3; roughs. s2® 2.25; stags. $1.50: calves. $5.50; ewe and wether lambs. $5: bucks, $4. LAFAYETTE. Ind.. Nov. 4—Market 10 to 15c higher: 160-200 lbs.. $3.25® 3.35: 200-325 lbs., s3® 3.20; 100-160 lbs., s3® 3.10; roughs, $2.50 down; top calves, *4.50; top lambs, $4.50. EAST BUFFALO Nov. 4.—Hogs—On sale 4.000: fairly active; weights above 160 lbs., 5® 10c higher; others about steadv: desirable 170-250 lbs., $3.65®3.70; pigs and underweights. *3.75. Cattle—Receipts, 250 steers and heifers unevenly higher; common and medium. $4.75®5.50: cows firmcutter grades, $1.25®2; calves, receipts’ 600; vealers generally 50c lower; good to choice, $6: common and medium $3 75®5 Sheep—Receipts, 2.400; better grade lambs steady to strong: medium and lower grades slow, weak: good to choice moderately sorted. $5.75® 5.85: common and medium $4.50® 5; Inferior throwouts downward to $3. Bii Time* Special LOUISVILLE. Nov. 4—Cattle—Receipts. 150. steady: bulk common and medium stesrs and heifers. *3®s; better finished light weights salable to around *6 25; bulk beef cows. *2®2.50; low cutters and cutters. 75c® *1.75; bulls *2.75 down- bwMt native Stockers and feeders. *34.50- light westerns to *5. Calves—Receipts. 235 weak to 50c lower at *4 down. Hogs—Receipts. 600; 10®20c higher; most advance on weights 245 lbs. up: 175-240 lbs.. *3 30; 245-295 lbs.. $3.G5®300 lbs. up. $2 65’ 170 lbs. down, $3.05; sows. $2.35; stags *1 40 Sheep—Receipts, 125. steadv; bulk medium to good lambs. *4.50; good salable to *5 or better; lower grades $3 50 down; fat ewes, sl® 2. Thursday's shipments; 100 cattle;. U* calves, and 249 sheep,.

BELIEVE IT or NOT

C 19)2. King fevmiw S/odiciie, Inc., Grew Britain ngtm tutored (Cfri,'" T*~* ~ i-W - ■ //.

DOW-JONES SUMMARY

Chicago, Indianapolis & Louisville in September reported net loss amounting to $50,333, against $84,060 in September 1931; nine months net loss totaled $1,440.652. against $847,441 in first nine months of 1931. Federal reserve system ratio on Nov. 2, totaled 62.1 against 61.9 a week ago and 61.5 a year ago; New York bank ratio 59.2, against 59.2 and 68.7 respectively. Northern Pipe Line Company declared a dividend of 25 cents, payable Jan. 2, 1933. of record Dec. 16. 1932; on July 1 an initial dividend of 25 cents on present $lO par capital stock was paid. Canadian Pacific in four weeks of October gross amounted to $3,528,000, against $4,908,000 in like 1931 week; October gross totaled $12,280,000. against $13,764,000 in October. 1931; ten months amounted to $121,413,877, against $122,00,000 in first ten months of 1931, Consolidated Oil Corporation makes offer for Richfield Oil properties, offers to give $25,000,000 of 6 per cent twentyyear debentures and 409,000 shares of Consolidated Oil common; also agrees to provide up to $10,000,000 in cash for settlement with unsecured creditors who do not participate in plan and for preference claims and expenses. Stock Exchange brokers loans during October declined $55,099,384 to $324,702,199; weekly brokers loans statement for week ended Nov. 2, showed increase of SIOXOO.000 to $362,000,000; non-brokers loans declined $4,090,000. Waltt & Bond declared the regular quarterly dividend of 50 cents on class A stock. Chicago, Burlington & Quincy Railroad during October handled 199,750 revenue freight cars, against 91,933 in preceding month, an increase of 19.4 per cent: last month’s loadings amounted to 18.5 per cent under October 1931 figures when 130,100 cars were loaded and received from connections. Bell Telephone Securities Company reduces to S3O from SSO the down payment required of capital stock of American Telephone & Telegraph on its monthly payment plan.

Chicago Fruit

By United Press CHICAGO. Nov. 4. —Apples—Michigan Mclntosh and Jonathans and Delicious, bushel. $1.15®1.25; Greenings, bushel, 85c® $1; Kings, bushel, 75c. Grapes—Michigan, 12 quarts, 22®23c. Pears—Michigan Keifers, bushel. 35®’50c. RAW SUGAR PRICES Nov. 3 High. Low. Cl, January 1.00 .99 1.00 March 96 .95 ,95 Mav i 1.01 .99 1.00 July 1.05 1.03 1.05 September 1.09 1.08 1.09 December 1.05 1.02 1.05

New Envoy

r; £ i %!

Ferdinand Lammot Belin (above), of Waverly, Pa., and Washington, is the new United States ambassador to Poland. President Hoover appointed Belin to fill the vacancy created by the retirement of John N. Willy’s, Toledo, automobile manufacturer. Belin formerly was a foreign service officer who resigned as chief of the protocol division of the state department in 1931.

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: Chained Knowledge The chained library of Grantham, situated in a room over the south porch of the Grantham Paris church, was founded by the Rev. Francis Trigge in 1598. Owing to scarcity of books, a printed volume in those days frequently exceded the value of a farm, being easily movable, had to be chained to their shelves to guard against theft. England and Holand still preserve a number of ancient chained libraries. Saturday—“An air pilot who neve • had seen a plane.”

The City in Brief

SATURDAY EVENTS Alliance Francaise. luncheon, Washington. Mrs. Claude Underwood, 1147 South West street, reported to police Thursday that while she was in a downtown theater, her purse a cuff link set with diamonds valued at $125, keys and tax receipts was stolen. Suspected of stealing small articles while pupils at the Indiana School for the Deaf, three young men were arrested Thursday at Richmond, Ind„ and returned here today for trial on larceny charges. They are: Arthur Harris, 25, of Lynn; Alva Daily, 19, Richmond, and Dale Kennedy, 22, of Newcastle. Dora Caudle, 4, Negro, is recovering today at city hospital of severe body burns, incurred Thursday when her dress was ignited as she played with matches in the kitchen of her home at 1926 Cornell street. Close-up views of Gar Wood’s record-holding speedboat and its performance in the Harmsworth 'trophy race will be exhibited in a motion picture to be shown at a luncheon of the Scientech Club j Monday in the Columbia Club. slls IS BURGLARS’ LOOT East Side Home, Downtown Store Are Broken Into by Crooks. Loot of $65 was taken by burglars Thursday night from the home of L. G. Crim, 842 North Gladstone avenue. Entrance was gained by breaking a front window. The Lemcke Service' Shop. 11l East Market streeC yielded loot of SSO to a bugrlar. according to a report to police by William Spraropoulis, part owner. A burglar who ransacked the home of Dr. W. S. Tomlin, 1820 North Illinois street, obtained only $1.20. BREAK UP SEVEN RINGS Chicken Theft Conspiracies Crushed, State Police Chief Reveals. State police arrested thirty-two chicken thieves and broke up seven chicken theft rings in the last fiscal year, the annual report issued today by Chief Grover C. Garrott disclosed. The fiscal year ended Sept. 30. Department officers traveled 1,919.124 miles on road patrol, a total of 1.006 arrests were made, and 43.293 traffic warnings given, the report said. NEW YORK COFFEE Nov. 3—i Santos High, Low. Cl. March 8.90 885 889 May 862 859 862 July 8.51 8.50 8.51 September 8.37 8.30 837 December 9.43 9.40 9.43 Rio March 6.03 5.95 6.03 May 589 it 31 589 July 5.79 6.71 5.79 September 5,71 5.60 5.71 December 6.43 6.30 6.43

IJ Registered U. S. 1 f X latent Office RIPLEY

Babes Adrift Sending College Boy to Get Job ‘Like Tossing Infant in Sea.’

By United Press Chicago, nov. 4.—a future without jobs eventually will face the majority of college students, Dr. William J. Hutchins, president of the Berea college, Kentucky, told the midwest com- ’ mittees of the Congregational and Christian church meeting in Oak Park. Dr. Hutchins, father* of President Robert Maynard Hutchins of the University of Chicago, said that sending college graduates into the world is “like throwing naked babies into the Atlantic ocean.” Most of them, he asserted, are not fitted for experiences wuth life, and the time eventually will come when the majority of students will have “no jobs of any kind—white collar, blue collar or blue jeans.” bam postal reports Suspension to Be Effective Until System Is Adopted, Says Clancy. Public reports on receipts at the Indianapolis postoffice have been suspended temporarily, it w r as learned today. Postmaster Leslie D. Clancy said the postoffice department at Washington several weeks ago ordered suspension of the reports until adoption of a uniform method of announcing receipts, which for several years hfive shown a steady decrease Increase of first-class postage to 3 cents an ounce, from 2 cents, failed to bring the desired result of increasing postal revenues, it is known. Receipts since the new rates went into effect last July still show a decrease, indicating a material drop in the volume of mail since the 50 per cent higher rates became effective.

Today the Investor’s Opportunity There are many logical and profitable changes to be made in every investment account. Send your list for analysis. T. P. Burke & Cos. Incorporated SUITE 222 CIRCLE TOWER PHONE Riley 8536

Branches All Over Town 4fktiher (Trust • Company #

' a ß n u d y Government Bonds NEWTON GET OUR PRICES 101111 bell 415 LEMCKE BLDG. LI. 6222 IUUU

Thomson & M 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

.NOV. ’4, 1932

GRAIN FUTURES UISPLAY FIRM TRADINGRANGE Action Limited, With Mart Easily Influenced by News Reports. BY HAROLD E. RAINVILLE United Pres* Staff Cerrrseondent CHICAGO. Nov. 4.—Wheat opened firm and fractionally higher on the Board of Trade today. Scattered buying on the strength in stocks and the steadiness at Liverpool found pressure light at the start. There was a slightly more optimistic feeling, but trading was limited and the market easily influenced. Liverpool reported a better demand. Corn, oats and rye moved up slightly with wheat on scattered buying. Opening Is Firm At the opening wheat was % cent to h cent higher, corn was 4 cent to '* cent higher, oats unchanged to 4 cent higher and rye was 4 cent to 4 cent higher. Provisions were slow but firm. Liverpool was ■% cent lower at mid-afternoon, about as expected. No change in the wheat trend is expected for the present. The market continues to sag slowly with the latest depressing news coming from pressure of the new crop southern hemisphere wheat which is coming into competition with Canadian grain. The trade looks for Canada to exert every effort to maintain its export leadership until the bulk of its large crop has been moved. Cash Corn Active The great activity in the cash corn market is giving the futures a steady to strong tone. The country continues to sell old corn in volume to make room for the new crop. Demand remains brisk with 500,000 bushels sold for export Thursday while domestic users took 200.000 bushels. Oats is inactive with the trend dictated by the action of the other grains. Rye news is lacking, but the market readily responds to movements in wheat. Two boat loads were transferred to elevators Thursday to make room for corn. Chicago Primary Receipts —Nov. 3 Wheat 620.000 Corn 383,000 Oats 149,000 Futures Range - WHEAT— Pr#Vi H eh. Low. 11:00. close. P/c 424 .424 .424 .42% May 474 .474 .47% 47% ! JU c y ORN-"' ’ 49 : ‘* P, e c 24% .24 4 .24 4 .24 4 May 29 4 .28 4 . 28% .284 JU OATS-"” -304 .304 .304 .30*-* P/c -154 .154 .154 .154 Mav 174 .174 .174 .174 July 177, RYE— P/c 264 .26 4 .264 .26% M ?.V 394 .30 4 .30 4 30 4 LARD—May 4.32 4.27 4.32 4.25 „ CHICAGO CASH GRAIN By L niteil J’n CHICAGO. Nov. 3.—Cash erain close: Wheat—No. 2 mixed. 43c. No. 5 mixed 414 c. Corn—l Old 1 No. 2 mixed. 25®254c. No. 3 mixed. 244 c: No. 1 vellow 254 c; No. 2 vellow, 25% ® 254 c: No. 3 vellow. 25%c: No. 4 yellow. 24-%c; No. 5 vellow. 244 c; No. 1 white. 254 c; No. 2 white. 25 %® 25 4c. Corn—(New) No. 3 vellow. 234®24%c: No. 4 vellow. 23%®234c: No 5 vellow. 22c; No. 6 vellow. 22%c; No. 4 white. 23®234c: No. 5 white. 224 c. Oats —No. 2 white. 160 161 c: No. 3 white. 15% ®l6c. Rve—No sales. Bariev—24® 36c. Timothy—s 2 25®2.50. Clover—s7.so® 8.75. TOLEDO CASH GRAIN By United Press TOLEDO, Nov. 3.—(Grain in elevators, transit billing 1. Wheat—No. 2 red. 48® 49c: No. 1 red. lc premium. Corn—No. 2 vellow. 294®<304c. Oats—No. 2 w’hite. 19®20c. Rve —No. 2. 400 41c. Barley—No. 2. 30031 c. Track prices. 284 rate. Wheat- No. 2 red. 424®43c; No. 1 red, 434® 44c. Corn—No. 2 vellow. 250 254 c" No. 3 vellow. 24® 244 c. Oats—No. 2 white. 16®17c: No. .3 white. 15(2® 164 c. Seed close: Clover—Cash. $5.3005.50: Dec... $5.40® 5.60. Alsike—Cash. $5.500 5.85: Dec., 55.50®5.85. Produce: Butter—Fancy rreamrrv. 24c. Ecus—Extras. 280 284 c. Hav—Timothv. per cwt. 80c.

★ Safety for Savings Fletcher American NATIONAL BANK Southeast Corner of Market and Pennsylvania

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-Managffrs JAMES T. HAMILL KENNETH K. WOOLLING Formerly Member* of JAMES T. HAMILL & COMPANY Riley 5493-5494