Indianapolis Times, Volume 44, Number 161, Indianapolis, Marion County, 15 November 1932 — Page 13

NOV. 15, 1932:

GRAIN FUTURES SELL DOWN ON WEAK SUPPORT Options Fail to React to v Series of Bullish Factors. BY HAROLD E. RAINVILLE I nlt#d Prrs Staff Cormpondfitt t < CHICAGO, Nov. 15. Further weakness in stocks and declines at Liverpool caused scattered selling as the Board of Trade opened today and prices eased a minor fraction. There was only moderate support, but trade In general was very light Governor Roosevelt's acceptance of President Hoover’s bid to a conference had little effect. Easiness In sterling and increased pressure caused Liverpool to recede. Com oats and rye eased with wheat. Opening Is Lower r At the opening wheat was cent lower, corn was % cent lower, oats unchanged to % cent lower and rye \ to cent lower. Provisions were weak. Liverpool was off % cent at midafternoon, about as expected, after a steady decline. Half a dozen factors encouraged buying at times Monday, the belief that the spring wheat crop was smaller than the government’s estimate; probable reductions In the winter wheat acreage in the southwest; improvement in world markets, and expressions of confidence In prevailing jprice levels by leading traders. There was talk of war debt revision and while some viewed such a step as constructive although unsettling, its effect Is problematical. Corn Weather Bbllish The weather over the com belt Is even more unfavorable today than Monday. Temperatures are much lower, snow or rain is general and receipts are expected to show continued lightness for the present. Oats has been showing a firm tone in keeping with corn. Many traders have been devoting considerable attention to barley and the prospects are for an active market in that grain if an adequate market is provided. Chicago Primary Receipts —Not. 14— Corn 585.000 ° at * 132,000 Futures Range —Not. 15WHEAT- Prev. High. Low. 10:00. close. Doe 45% .45% .45% .48 May 50% .50% .50% .50% July 51% .51% .51% .52 CORN— Deo 26% ,26% 26% .26% .May 31% .31% .31% .31% 'July 33% .33% .33 % .33% OATS— Dec 16% 16.% .16% .16% May 18% .19 July 19% .19% Dec 30% .30% May 34 % .34 '/a .34% .34% July 35% BARLEY— Dec 32% May 35% .35 LARD— Jan 4.17 4.25 May 4.32 4 37

Indianapolis Cash Grain

—Nov. 14— 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 Strong: No. 1 red, 41042 c; No. 2 red, 40®41c; No. 2 hard, 40®41c. Corn—Firm: old No. 2 white, 21®22c; old No. 3 white, 20®21c; new No. 4 white, 18019 c; old No. 2 yellow, 21 0 22c; old No. 3 yellow, 20®21c; new No. 4 yellow 19® 19c; No. 2 mixed, 20@21c; No. 3 mixed. 39020 c. Oats—Firm: No. 2 white, 13@14c; No. 3 white, 12013 c. Hay—Steady: (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville.) No. 1 timothy, $5.50 06; No. 2 timothy, ss® 5.50. —lnspections Wheat—No. 2 red, 5 cars. Total, 5 cars. Corn—No. 3 white, 1 car; No. 4 white 3 cars; No. 2 yellow, 7 cars; No. 3 yellow; 4 cars; No. 4 yellow, 7 cars; No. 5 yellow. 1 car; No. 4 mixed, 2 cars. Total. 25 cars. Oats—No. 2 white, 3 cars; No. 3 white, 14 cars; No. 4 white, 2 cars; sample white' 2 car. Total, 21 cars. Rye—No. 1, 1 car. Total, 1 car. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 40c for No. 2 soft wheat. Other grades on their merits. CHICAGO CASH GRAIN Bn United I’rest CHICAGO. Nov. 14. —Cash grain close; Wheat—No 2 red. 48 %c: No. 2 hard. 49c No. 1 veliow hard. 49c; No. 2 northern’ 48'jC: No. 3 mixed. 48c. Corn—(Oldi No. 2 veliow. 28%®39c; No. 1 white. 29c; No. 2 white. 28% (/(29c. Corn—(New) No. 2 mixed. 37c: No. 3 mixed. 2S%c; No. 4 mixed 25%®26c; No. 5 mixed. 25c: No. 2 veliow' 26%®27c; No. 3 veliow, 25%®26%c; No * veliow. 25®25%c; No. 2 white. 28%c- No. 3 white. 28® 27c: No. 4 white. 25%®26%C 4 sample grade. 26c. Oats—No. 2 white. 17* - @18c; No. 3 white. 16%@17%c. Rye— No sales. Bariev—26® 39c. Timothy—s2.2s®; 2.50. Clover—*6®9. By Timet Special CHICAGO. Nov. 15.—Carlots: Wheat. 9corn. 231; oats. 13; rye, 0, and barley, 2. a TOLEDO CASH GRAIN By United Press TOLEDO. Nov. 14.—Cash grain close. tOrain in elevators, transit billing.) Wheat —No. 2 red, fi1%052%c; No 1 red lc premium. Com—No. 2 veliow. ??®33c. Oats--No. J White. 20®21c. Rve—No. 2. 43 0 44c. Bariev—No 2. 33@34c. Track prices. 28% cents rate. Wheat—No. 2 red. 46%@47%c: No. 1 red, 47%®'48%c. Corn —No. 2 veliow. 37% 0 28%e: No. 3 veliow. 25% 027%c. Oats—No. 2 white. 17®18'c: No. 3 white. 18® 17%c. Seed close—Clover, cash. *5.50® 5.40; December. $5.4005 60 Alsike— Cash *5.5005.85; December. *5.50 W 5.85 Produce: Butter—Fanev creamery. 25c Eggs—Extras. 29@30c. Hav—Timothy, per ewt.. 80c.

Investment Trust Shares

* (By James T. Harm’,’, ft Cos.) PRICES ARE TO 12 NOON C. S. T. —Nov. 15Bid. Ask. Am Founders Corp com 1.25 1.75 Amer and Gen Sec <Ai 4.00 7 00 Am Inv Tr shares . 125 1.75 Basic Industry shares 220 2.30 Collateral Trustee shares iA>.. 3.00 3.12 Corporate Trust new 173 1.77 Cumulative Trust shares 2.85 2.90 Diversified Trust shares iA).. 700 7.50 Fixed Trust OH shares (Ai ... 6.25 675 Fixed Trust. Oil shares iB) 512 5.37 Fundamental Trust shares <Ai 2.75 3Of Fundamental Trust shares (Bt. 2.75 3Ou Leaders of Industry (A 2.37 262 Low Priced shares 2.50 275 Mass Inv Trust shares 14.50 15 00 Nation Wide Securities 2.40 2.50 North American Tr shares <s3i 185 190 Selected Cumulative shares ... 537 575 Selected Income shares 275 325 Shawmut Bank Inv Trust 3 00 Std Amer Trust shares 245 359 Super Corp of Am Tr shares.. 2,40 250 Trustee Std OU (A) 3.37 375 Trustee Std Oil (B) 3.37 3.75 U 8 Elec Light ft Power A).. 14 50 15.00 Universal Trust shares 2.20 2.30 NEW YORK COFFEE —Nov 14— RIO High. Low Close .March 5.7$ 5 69 5 70 h Mav 558 555 5.58 J!v 5 47 5.45 5.47 September 5.42 5 40 5.40 December 6 05 5 95 6 00 SANTOS March 8 48 8 41 sl3 Mav 8.16 8 13 8 i3 Julv 8 04 8 01 S OI Semember 7 93 7 90 7 90 December 9 15 9.11 9.1 J SUGAR PRICES —Nov. 14— High. Low. Close January 103 l QO 1.00 March 1 00 96 il May 104 1.01 102 Julv 1.11 106 107 September 1.14 l il in December 1.08 L.QS I.oa

New York Stocks ... - ißt Thomaob * Uctfnon 1~ 1 1 -

—Nov. 15— Prev. Railroad*— High. Low 1100. close. , Atchison 44% 43% 43% 44% Ati coast Line 23% Balt & Ohio 12% 12% Cheaa & 0nt0... 24% 24 24% 24 Cheen Corp 15% 13% Can Pac 14% 14 14% 13% <J\i On West .. 3% Chi N West 6% 1 Del L& V/ 38% 28 28% 29“.: [ Dei Ac Hudoon 63 Erl# (Pi Erie Ist pfd ' Pi Orest Northern 12% 13% Illinois Centra!.. 15 14% 15 is Lou Ac Nash 23% M K Ac T 6% 6% 9% 7 MO Pacific 5% 5% 5% 5% Mo Pacific pld N Y Central ... 24% 24% 24% 2*% NY NM 4 H 18 13% 15% 16 Nor Pacific 16 Norfolk Ac West 103 O Ac W ... 8% Pennsylvania ... 15% 15 15 16 Reading 32% Seaboard Air L. .. ... % ... So Pacific 20% 19% 20% 20% Southern Rv g% 8t Paul 2% 2% St Paul Did • ... 3% 3% St I, At S F 1% Union Pacific 73 71% 72>4 72% Wabash 314 W Maryland 6% 8% Equipments— Am Locomotive g% Am Btecl Pd 7% Gen Am Tank.. .. ... ... 17 ueneral Elec ... ... 17% Gen Rv Signal 15 Press Stl Car ... 2 Pullman ...... 20% 20% 20% 2u% Westingh Ar B. 13% 13% Westingh Elec... 30 29% 29% 30 Rubber*— Fisk ;.. % Goodrich 6*4 8 8 6% Goodyear 17% 17% 17% 17% Lee Rubber 6 U 8 Rubber 6 Motors— Auburn 46% 44% 49% 45% Chrysler 16% 16% 16% 16-4 General Motors. 14% 14% 14% 14'* Graham-Palge ..2% 2 2 2% Hudson 6 Hupp 2% 3 Mack 22% Marmon ... 1% Nash ... 14 Packard 3% 3% 3% 3% Peerless ... ... 1% Reo 2% Studebaker 16% White Mot 22 % Yellow Truck 4% 4% Motor Access— Bendix Aviation 11 10% 10% 10% Borg Warner 9% Briggs 5% Budd Wheel 2% Eaton ... ... 6% El Auto Lite ... 19% 19 19% 19% El Storage B 26% Hayes Body 2 Houda 2% Murray Body 4% 4% Sparka-W 2% 4% Stewart Warner 4% 4 4 Timktn Roll 16 Mining— , Am Metals 5% Am Smelt 16 18% Am Zinc 5 Anaconda Cop... 10% 10% 10% 10% Alaska Jun 11% 11% Cal & Hecla Cerro de Pasco 8% 9% Dome Mines ... 11% Freeport Texas.. 27% 27% 27% 27% Granby Corp ... n... 6 Great Nor Ore.. .. ... 7% 8% Howe Sound tat Nickel 8% 8% 8% 8% Isl Crk Coal 13 Kennecott Cop.. 12 11% 12 12 Magma Cop 9 Miami Copper 4 Nev Cons ... 6% 6% Noranda 18 17% Texas Gul Sul.. 23% 23% 23% 23% U S Smelt 15*2 Oils— Atl Refining 17% 17% 17% 17% Barnsdall 4% 5 Houston ... 3% 3% Sbd Oil 17% 16% 17% 17 Mid Conti ... 5% 6 Ohio Oil 8% 8% Phillips 6% 6 6% 6 % Pure Oil 4% 4% 4% 4% Richfield ... ... % Shell Un 6'% Cons Oil ... 6% 6% Skellv 3 % Standard of Cal. 27 26% 27 Standard of N J 32% 32 32% 32% Soc Vac 9% 9% 9% 9% Texas Cos 15% 15% 15% 15% Union Oil 11% 11 11 11% Steels— Am Roll Mills .. 11% 10% 11% 11 Bethlehem 18% 18% 18% 18% Byers A M 17 16% 16% 16% Colo Fuel 8% Cruc Steel 11% Ludlum 7% 7% McKeesport Tin. 48% 47% 48 48 Midland 7% 7%’ Newton 4% Repub I & S *. 7% 7% U S Steel 37% 37% 37% 38 Vanadium 14% 14% 14% 14% Youngst S & W 6% Youngst S & T." 13'% 13% Tobaccos— Am Tob (Bl new 68% 67% 68%. 68% Con Cigars 6% Lig & Myers B 59 % 60 % Lorillard 13% 13% Reynolds Tob .. 30% 30% 30V* 30% United Cig % % Utilities:— Adams Exp 6% 6% 6% 614 Am For Pwr ... ... 8% Am Pwr & Li... 9% 9% 9% 9% A T Ai T 110*4 109% 110% 110 Col Gas & E 1... 14 13% 14 14 Com & Sou. 1 3% 3Li Cons Gas 59% 59 59% 59% El Pwr Ac Li B'% 8 8 8% Gen Gas A 1% . I‘4 Inti T Ac T 10% 10 10% 10% IkU Gas Ac El 18% 19 Natl Pwr Ac Li.. 14'4 14 14 14’% No Amer C 0.... 30% 28% 29% 30% Pac Gas Ac El 28% 28% Pub Ser N J.. 48% 48% 48% 48% So Cal Edison... 26% 26 26% 26% SM G & El 17 17% United Corp... 9 8% 9 9 Un Gas Imp... 19% 19 19 19 Ut Pwr Ac L A.. 4% 4% 4% 4% West Union ... 34'/s 33 34% 33% Shinning— Am Inti Corp..; 8% 8 8 8 Inti Mer M Dfd 2 United Fruit 23% 24% Foods— Armour A 1% 1% Cal Pkg 12 Can Drv 11 % 11 11 11% Coca Cola 85% 84% 85% R 4% Corn Prod 53% 53 53% 54 Crm Wheat 21% 24 Cudahy Pkg 28% Cuban Am Sug 2 2V B Gen Foods 27% 26% 27 27 Li Hershev ... 57% Jewel Tea 29% Kroger 16% 16% 16% 16% Nat Biscuit 40% 4040% 40% Natl Dairy 19% 19 19 19 Purity Bnk 9% 8% 8% 9% Pillsburv ... ... 12 Safeway St ... 50% 50% Std Brands 16% 15% 16 16% Cotv Inc 4% Drug Inc 36% 35% 25% 37% Lambert Cos 36% 35% 36 36% Industrials— Am Radiator ... 8 7% 8 7% Bush Term 6 Gen Asphalt 9% Otis Kiev 12% Ulen 1%

What Street Is This? BlCTyrrc .snamu. THIS BLANK MAY BE USED FOR ANSWERS Name the Street Contest Editor. 0< jg The Indianapolis Times, 214-220 W. Maryland St Indianapolis, Indiana. I consider the best name is ; Mj name is Address SUtie Hold all answers until close of series.

Indus Chem*— Ajr s** ■ *7% * 7 57* Allied Chem ... 79% 7* 79% 79% Com Sol* 11% 10% 10% 10% Du Pont 38% 37% 38% 37% Union Carb 24% 24V 24% 25 U 8 Ind Alco 29 2*V Retail Store*— Assoc Dry Ods. 8% Oimbel Bros 2% Kresge S S U% May D Store 15% 15 Mont Ward 13% 13% is% 13% Penny J C 23 22% 22% 23% Schulte Ret St 1 % 1 % Sears Roe . 21% 20% 21% 20% Wool worth 39% 38 38% 38% Amusements— Bruns Balke 3% Crosier Radio 4% Eastman Ko<l ..53 52 52% 53 Fox Film 1A• 3% Grigsby Grunow ... 1 % I>4 Loews Inc 29% 28% 29% 29% Param Fam 3% 3% 3% 3% Radio Corp g 7% 8 7% 0 4% 4% 4% 4% Warner Bros .. 2% 2% 2% 2% Miscellaneous— City Ice & Pn 12% Congoleum 9 9 Proc <& Gam 31 31 Allis Chal 9% Amer Can 56 54 % 58 55% J I Case 45% 43% 45 43% Cont Can 36% 36 36 % 36 Curtiss Wr 2 2% Olliere s R.... 18% 17% 17% 17% Gold Dust 17 16% tat Harv 24V* 23V* 24% 23% Int Bus M 95% Real Silk 6 Un Aircraft 27% 28% 27% 26% Transamerlca .. 5% 5% 5% 5% New York Curb <Bv Thomson Ar McKinnon) —Nov. 15— 11:00 11:00 Alum Cos of Am 55%:Ford of Can... 7 Am Cvnamid... 4% Ford of Eng 3% Am O Ar Elec.. 28% Ot A At P 153 Am Lt & Trac 18% Imp Oil of Can' 8% Ass GAr Elec 3 Nat Bd Ar Sh.. 14 Braz Pwr Ar Lt 8'? Niles 6Vs Can Marconi.. l’.i Cent Sts E>c.. 3% Std of Ind 23% Cities Service. 34* Stutz 10 Cons Gas of Bt 62% United Gas (nw) 2% Comm Edison... 78 Un Lt Ar Pw ( A) 5 Cord 4% Ut Pwr 2% E’ec Bd Ar Sh. . 23 t r an Camp % Elec Pwr Ass .. 6 Un Fndrs 1% New York Bank Stocks (By Thomson Ar McKinnon) —Nov. 14Bid. Ask. Bankers BB'/a 70'% Brooklyn Trust 183 198 Central Hanover 144 148 Chase National 38 40 Chemical 35 38 Cltv National 48% 50% Corn Exchange -74 77 Commercial 170 180 Continental 18% 20% Empire 26 28 First National 1.630 1,680 Guaranty 326 332 Irving 25V 8 27% Manhrtten Ar Cos 32% 34% Manufacturers 30V a 32% New York Trust 96 99 Public ,30% 32% Title 38 % 41% New York Liberty Bonds —NOV. 14— Liberty SVie, ’47 101.16 Liberty First 4%5. ’47 102.1 Liberty Fourth 4%5, '3B 103.6Treasury 4 Lis. ’52 107.12 Treasury 4s. '54 103 26 Treasury 3%5, ’56 101 31 Treasury 3%s ’47 100 17 Treasury 3%s ’43 March 100.30 Treasury' 3%5, ’43June 100 30 Treasury 3%5. *3 June 100.30 Treasury 3s, ’55 96.3

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, Nov. 14.—The cotton market had to contend with heavy southern veiling this morning. There was good trade demand, however, and the decline amounted to 9 or 10 points. There was some liquidation in the December position aswell. The market was broader from a commission house standpoint. Trade sentiment seems to be in favor of higher prices. Early losses had been recovered In the middle of the day. The weekly trade review was favorable and reflects the general improvement ln textiles. Domestic consumption continues upward trend; heavy switching to American cotton; domestic mills sell more cloth. Buyin 6. broadened after election. Japanese mills book large cloth orders at wide margins; commodity decline checked. Business activity stable. In the early afternoon prices were about unchanged from Saturday’s close and there was a material decrease in the volume of trading. —Nov. 14— CHICAGO , High. Low Close arch 6.69 6.50 6.53 £“7- 6-88 6.69 6.71 O ctobe l 6.69 6.90 6.90 December 6.51 6.31 6.36 NEW YORK January e. 49 6.32 6.33 March e. 61 6.42 6.45 May 6.72 6.52 6.55 J'i’y. 6.82 6.62 6.65 October 6.95 6.79 6.79 December 6.45 6.26 6.28 NEW ORLEANS January 6.48 6.29 6.35 March 6.60 6.40 645 Mav 6.70 6.52 6.54 July 6.81 6.60 6.64 December”:::::;:;;;; , 6 : g 111 ill SECURITIES HEAD HERE Hovey E. Slayton to Address Group at Columbia Club. Indianapolis securities dealers will be hosts Wednesday and Thursday for Hovey E. Slayton, president of Slayton-Learoyd, Inc., Boston, general distributers of Massachusetts Investors Trust. Slayton will address a meeting of securities men at the Columbia Club Wednesday at 2 p. m. Henry Hammer, sales manager and member of the firm of T. P. Burke & Cos., is in charge of Slayton's program while in Indianapolis

THE INDIANAPOLIS TIMES

PORKERS MOVE OFF 15 CENTS AT CITY YARDS Cattle Dull With Sharply Lower Price Trend; Sheep Weak. All weights in the hog market i dropped 15 cents this morning at the city yards. Good receipts, coupled with drying up in demand, forced the downturn. The bulk. 100 to 300 pounds, sold for $3.25 to $3.45, early top holding at $3.45. Receipts were estimated at 8,000. Holdovers were 93. The cattle market was slow In developing. with all slaughter classes dull. The price trend was sharply lower. Receipts were 1,700. Vealers were 50 cents down at $6 to lower. Calf receipts were 700. Lambs were 25 to 50 cents lower than Monday’s range, selling mostly at $5.50 to $5.75. Top price was $6. Receipts were 2,500. Early bids on hogs at Chicago were slow and moved around 10 to 15 cents lower than Monday’s average. The bulk of 160 to 220 pounds was bid in at $3.30 to $3.40. Receipts numbered 32,000, including 8,000 direct; holdovers, 4,000. Cattle receipts were estimated at 8,000; calves, 2,000; market steady to 25 cents lower. Sheep receipts were 10,000; market steady, HOGS Nov. Bulk. Top. Receipts 9. *3.65® 3.75 $4.00 3,500 10. 3.75% 3.85 3.35 7,000 11. 3.65% 3.85 3.85 7,000 12. 3.55*9 3.75 3.80 3,000 14. 3.40® 3.60 3.60 8 500 15. 3.25® 3.45 3.45 8,000 Receipts, 8,000; market, lower. (140-160) Good and choice $ 3.45 —Light Lights— - (180-180) Good and choice.... 3.45 Light Weights—-(lßo-200 afcod and choice.... 3.40 1200-220) Medium and g00d... 3.35 —Medium Weights—--1220-250) Medium and g00d... 3.30® 3.35 1250-290) Good and choice.... 3.25 —Heavy Weights—-(29o-350) Good and choice.... 3.20ig 3.25 —Packing Sows — 1350-500) Medium and g00d... 2.25@ 3.00 1100-120) Slaughter pigs 3.45 CATTLE Receipts, 1.700; market, lower. Good and choice $ 6.00® 8.00 Common and medium 3.00® 6.00 (1.000-1,800) Good and choice 6.00@ 8.00 Common and medium 4.50® 6.00 —Heifers— Good and choice 5.00® 7.00 Common and medium 2.50®. 5.00 Cows—• Good and choice 3.00® 3.75 Common and medium 2.254. 3.00 Low cutter and cutter cows... I.oo® 2.25 —Bulls i Yearlings Excluded i Good and choice beef 2.75® 3.50 Cutter, common and medium 1.50@ 2.75 CALVES AND VEALERS Receipts. “00; market, lower. Good and choice $ 5.50® 6.00 Medium 3.50® 5.50 Cull and common 2.00® 3.50 —Calves— Good and choice 4.25® 5.50 Common and medium [email protected] —Stocker and Feeder Steers— Good and choice 4.75® 6.00 Common and medium [email protected] (600-1,500) Good and Choice 4.75®6.00 Common and medium 2.5004.75 SHEEP AND LAMBS Receipts. 2,500; market, lower. Good and choice $ 5.25® 6.00 Common and medium 3.00® 5.25 Ewes, medium and choice 1.25® 2.25 Cull and common 50® 1.25 Other Livestock BY UNITED PRESS CHICAGO, Nov. 15.—Hogs—Receipts. 32,000, including 8,000 direct; active, mostly, 10pl5c below Monday; underweights, 15® 25c off; 140-280 lbs., $3.35®3.40; top, $3.45; few pigs. $3®3.35. light kind'; up to $3.75: packing sows, $2.65®3; light lights, 140-160 lbs., good and choice, $3.2503.40; light weight, 160-200 lbs., good and choice,s3.3o ®3.40: medium weights. 200-230 lbs., good and choice, [email protected]; heavy weights, 250350 lbs., good and choice, $3.10®3.45; packing sows. 275-500 lbs., medium and good, $2.6003.15; slaughter pigs 100-130 lbs., good and choice, [email protected]. CattleReceipts, 8.000: calves, 2,000; no reliable outlet for slaughter steers and yearlings, bidding sharply lower again; liberal carryover from Monday; butcher she stock weak to 25c lower; bulls and vealers steady; no choice steers sold. Slaughter cattle and vealers: steers 600-900 lbs., good and choice, $608: 900-1,100 lbs., good and choice, s6®B; 1.109-1.300 lbs., good and choice, $608: 1,300-1.500 lbs., good and choice, s6®B; 600-1.300 lbs., common and medium, $3.50® 6; heifers. 550-850 lbs., good and choice, [email protected]; common and medium, $3.2605.75; cows, good and choice, 53.5004.50; common and medium, $2.50® 3.50; low cutter and cutter, $1.75®2.50; bulls (yearlings excluded), good and choice (beef), $3.25®4.50; cutter to medium, $2.75 ®3.80; vealers (milk fed), good and choice. $4.75® 6; medium. [email protected]; cull and common, $2.5003.50; Stocker and feeder cattle: Steers 500-1,050 lbs., good and choice, $4.75®6: common and medium, $3 6"4.75. Sheep—Receipts. 10,000; very slow, lew sales and most bids weak to unI evenly lower; good native lambs. $5.50® 5.75; holding closely sorted kinds above. I $6; slaughter sheep and lambs: lambs. 90- ] lbs. down, good and choice. $5.50®6.25; medium, $4.25®5.50; all weights common, $3.50®4.25; ewes. 90-150 lbs. medium to choice, [email protected]; all weights cull and common, 75c®*2; feeding lambs, 50-75 lbs., good and choice, $4.75 0 5.35. EAST ST. LOUIS. Nov. 15.—Hogs—Receipts, 10.000: market, slow and 15® 25c lower than Monday's average; early top, $3.35; 150-210 lbs., largely. $3,254/3.35; a few light pigs. $3.75®4; sows. 10® 15c lower, largely 52.4002.65. Cattle—Receipts. 3.200: calves. 2.000; market, steers in light supplv, all kinds steady; mixed yearlings, heifers and bulls, strong: mixed and heifers. ss® 6: all small lots; top sausage bulls. $3: packers bearish toward cows: vealers. 25c lower: top. $6. Sheep—Receipts. 2,800; market, slow'; a few earlv sales choice lambs, steady to butchers at $6®8.25: pacxers bidding lower. CLEVELAND. 0., Nov. 15.—Hogs—Receipts, 1,500; holdovers, none; 10025 c lower; pigs to 260 lbs.. $3.65@>3.75; top principally for weight under 200 lbs.; 250-300 lbs., mixtures. $3.50. Cattle—Receipts. 200: steers slow and undertone easier; scattering $5.50 downward: cows steady; low cutter to medium around $1.75@3; desirable sausage bulls, 53®3.50. Calves— Receipts, 700; fairly steady: bulk vealers $6 downward; few best $6.50: cull to medium. s3®s. Sheep—Receipts. 4.500; weak to 25c or more lower; lambs largely down, best held higher; common to meduim, $4 @5.50. PITTSBURGH. Nov. 15.—Hogs—Receipts. 900; market, steady to 5c higher; 140-240 lbs.. $4®4.10: 240-280 lbs.. $3.7003.85; 100130 lbs.. $3.7504; packing s>ws steady at $2.50®3. Cattle—Receipts, 40; market about steady; medium grade steers end yearlings quoted $4.50®5.75: good kind to $6.40; common down to $3.58; common to medium bulls. $2 500 3.25. Calves—Receipts, 100: market steady to strong; choice vealers, $6; medium to good. *4®5.50. Sheep—Receipts, 1.500; lambs steady to weak: good to choice, $5.7506.25; heavier weights. [email protected]; medium to good wethers. $1.7502.75. LAFAYETTE. Nov. 15.—Market.lO015c lower; 160-180 lbs., $3.35; 180-200 lbs., $3.30; 200-225 lbs. *3 25; 225-250 lbs.. 53.20: 250-300 Jbs., $3.5); 300-325 lbs.. $3: 130-160 lbs.. $5.10; 100-130 lbs.. $3; light roughs, $2.75; heavy roughs, $2; calf market. 50c lower; top, $5; lambs steady; top. $4.50. FT. WAYNE. Nov. 15—Hogs—Market 15c lower; 140 lbs. down. $3.10; 140-170 lbs.. $3.25; 170-200 lbs.. $3.35: 200-250 lbs , 250-300 lbs.. $3.15: 380-350 lbs., $3.05; roughs, $2.50® 3: stags, $1.50® 2; calves, $3: ewe and wether lambs $5.50; bucks, $4.50. EAST BUFFALO. Nov. 15,—Hogs—On sale. 1,300; active, mostly to shippers; strong to 10c over Monday's average; weights below 180 lbs. showing advance: bulk desirable 180-240 lbs.. $4; 180 lbs. down. $404.10; 250-280 lbs., $3.75 0 3.90. Cattle—Receipts. 50; steer trade very dull; scattered sales about steady, but most holdovers unsold; common to medium steers and yearlings. *[email protected]; fat ccws $3: cutter grades fairly active. $1.25®2: calves, receipts. 50; vealers unchanged. $5 down. Sheep—Receipts. 400; lambs steady at Monday's decline; good to choice moderately sorted. $6 to mainly $6.25; common and medium, *4 5005.25. mostly $4.75® TOLEDO. 0., Nov. 15.—Hogs—Receipts 300; market 10®20c lower; heavy yorkera, *3.2503.35. mixed. $3.253.35: bulk, $3.250 3.” nigs. $3.300 3.40; lights. $3.25® 3.40; roughs. $2 250 250 Cattle—Receipts, l’0: m -*krt slow, steady; calves receipts light; market steady. By Timet Special LOUISVILLE. Nov. 15.—Cattle—Receipts 150; steady; bulk common ac< ruedium steers anl heifers. $3.5065.25; better finished eligible to around $7: bulk beef coua $2.2503.75; low cutters and cutters. tl@2: bulls. $3 down: bulk Stockers and feeders. $304.50 Calves—Receipts. 150: steady; bulk good to choice light vealers. $4.505J5; lower grades and heavy calves. U.SO down Hogs—Receipts 800; weights. 0 lbs. down. 5c lower; all others 15c off; 175-240 lbs.. $3.35; 245-295 lbs., S3 10; 30Q lbs. up. UJO. 17Q lbs. down. $3.25;

BELIEVE IT or NOT

c. vino OIEO FROM THE EFFECTS^ German Police "Dog is serving ~ 0F TmTLAam A LIFE SENTENCE in THE COUNTY JAIL .. rVmgWH. - FOR KILLING SHEEP Richmond, * K-/5

The City in Brief

WEDNESDAY EVENTS Kiwanis Club luncheon. Columbia Club. Lions Club luncheon, Washington. Purdue Alumni Association luncheon, Severin. American Legion, Twelfth district, luncheon. Board of Trade. Home Show Committee. luncheon. Washington. League for Hard of Hearing, meeting. 7:30. Stokes building. Indiana Farm Bureau, annual meeting, all day. Claypool. Indianapolis chapter. National Cost Accountants, dinner.' 6:30. Washington. Marion County Bankers, dinners. 6:30. Washington. Apartment Owners, luncheon. Washington. Irvington O. E. S. luncheon. Washington. Sam Langley, formerly engaged in newspaper circulation and advertising work has been employed as publicity director and booking agent by Miss Helen Jerry, owner of Jerry’s Play Boys, an orchestra traveling out of New York. The orchestra will open its season in the mid-west here Thanksgiving eve, Nov. 23, when it will play for a dance at the Antlers to be given by Omega Nu Tau sorority. While assisting in righting an automobile belonging to Dr. Jacob E. Gillespie, city hospital, which was overturned in a collision Monday night at the Peacock Roost on state road 67, Morris Clearwater, Thirtyeighth and Elizabeth streets, incurred a cut on a hand which required six stitches to close. Eleven men became members of Indianapolis Eagles aerie Monday night at a monthly initiation meeting. An entertainment program and refreshments followed. President Grover Camden announced that the aerie’s annual Christmas entertainment will be held Thursday, Dec. 22. Louis Schwertz is chairman. Boyd Gurley, editor of The Indianapolis Times, will be the speaker tonight at a meeting of the Butleruniversity chapter of Sigma Delta Chi, national professional journalistic fraternity. The meeting will be held in the recreation room of Jordan hall. Charles Seal will be Butler university’s candidate for a Rhodes scholarship, examination for which will be held Dec. 10 in Lafayette. Thirty-two of the scholarships are to be awarded residents of the United States. Speakers for the monthly dinner of the Indianapolis Dental Society at the Washington Monday night were Dr. C. W. Johnson, Chicago, editor of the American Journal of Dentistry, and Dr. R. H. Crawford of research department of Eli Lilly & Cos. Nineteenth annual Thanksgiving card party of St. Thomas Benevolet Society of St. Catherine’s church will be held Tuesday night, Nov. 22, in the hall at Shelby and Tabor streets. Series of evangelistic meetings was opened Monday night at the Cumberland Baptist church, with the Rev. H. C. Lince, pastor of Emmanuel Baptist church, as the | speaker. He formerly was in charge of the Cumberland church. Subject tonight of the Rev. T. J. Parsons, executive secretary of the Indiana Baptist convention, who is conducting evangelistic meetings at the College Avenue Baptist church, will be ‘ The Cross Roads of Destiny.” The meeting Wednesday night will be sponsored by the 101 men's class of the church. Thursday will be family night and Friday, women's night. William Kittridge of Chicago, na-tionally-known type designer and specialist in type arrangement, will address the Advertising Club at a luncheon Thursday in the Columbia Club. Newly elected members of the state senate from Marion county will be guests of the Apartment Owners’ Association of Indianapolis at its luncheon Wednesday at the Washington. sows. $2.40: end *U*. $1.45. Sheep—Reeelpts. 100; steady; bulk better lambs around *5: choice to $550 or better: lower grades. $4 down; fat ewes, Sl@2 Monday s shipments; 202 cattle, 358 calves and 40 sheep.

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 Monday’s Times: A Handless Virtuoso—Gino Palmisano of Naples was born without hands, about twenty-five years ago. In the face of this handicap he contrived to acquire a fine handwriting, a college education, and the degree of doctor of laws. But most astounding is his mastery of the piano. From either of his wristless arms hangs a fingerlike appendage, which he has trained to operate the piano keys with complete mastery. He has appeared on the concert stage in Rome and Naples. His repertoire includes masterpieces by foremost composers. He has evolved a method all his own, and to see the magic that his sleeve-covered arms can work at the piano one thinks of genius triumphant over all obstacles. Wednesday: “The Indefatigable Mayor.”

Produce Markets

Delivered ln Indianapolis prices: Hens, heavy breeds over 4% lbs.. 12c; under 4% lbs., 10c; leghorns, 7c; broilers, colored springers. 1% lbs. up. 10c; barebacks and partly feathered. 7c; leghorn and black, 1% lbs. up, 8c; cocks and stags, sc; leghorn cocks, 4c. Ducks, large white, full feathered and fat 8c; small, 4c. Geese, full feathered and fat 7c. Young guineas, each, 20c; old 15c. Turkeys choice young hens. 7 lbs. up. 14c; choice young toms. 10 to 18 lbs.. 14c; choice young toms over 18 lbs.. 12c; choice old hens. 14c; chcloe old toms, 11c. poor or crooked breasted, 9c. Eggs, approved buying grades of Inexltute of American Poultry Industries: No. 1,26 c; No. 2,21 c; No. 3,14 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 poultry accepted. Quoted by the Wadlev company. BY UNITED PRESS CHICAGO. Nov. 15.—Eggs—Market, firm; receipts. 4.847 cases: extra firsts, 32c; firsts. 31c; current receipts. 27®3Cc: dirties. 18®’ 23c. Butter—Market, firm; receipts. 7.815 tubs; extras, 22c; extra firsts, 21®21%c; firsts. 19@20c; seconds. 16® 18c; standards 21%c. Poultry—Market, firm; receipts. 1 car; 66 trucks; fowls. 11®14%c; springers. 11'2012c; Leghorns. 9%c: ducks. 10®H%c; geese. 10c; turkeys. 12®17c: roosters, 9c Leghorn broilers. 10c. Cheese—Twins. 11% ®ll %c; voung Americas. ll"*®l2c. Potatoes—On track. 175; arrivals. 35; shipments. 351: market, firm: Wisconsin Rnund Whites. 65®70c: Minnesota Red River Ohios, 75®80c: Idaho Russets. *i.2s® 1.30' Colorado McClures. $1.22%® 1.27 Va. NEW YORK. Nov. 15.—Potatoes—Steady; Long Island. 80c®51.95 per barrel; Maine. 90c® SI.RO per barrel: Idaho. *1.75® 2.25 per sack. Sweet potatoes—Steadier:' Jersey basket, 40c® $1.40; southern barrel, $1.1301.38; southern basket, 400 50c. Flour —Quiet; springs: patents, $3.55® 4 per barrel. Pork—Quiet: mess $16.50 per barrel. Lard—Easy; middle west spot, *5.50® 5.60 per 100 pounds. Petroleum—Quiet; New York refined. 17c gallon; crude Pennsylvania. *1.2201.72 per barrel. GreaseBrown 2%®2%c per pound; yellow, 2%® 2%c per pounds white, 2%®3%c per per pound. Tallow—Quiet; special to extra, 2%®3 per pound. Common hides— Dull. Hides—City packer quiet; native steers. 6%c: butt brands. 6%c; Colorados, 6c. Dressed poultry—Steady; turkeys. 14®25c; chickens. ll®19c; broilers, 12® 26c: capons 20028 c: fowls. 10019 c; ducks, 10® 15c; Long Island ducks. 15®16c Live poultry—Firm geese. 8® 14c; turkeys, 18® 22c: roosters. 11012 c; ducks. 90 16c; fowls. 14®19c; chickens, 12® 17c; capons. 154/ 22c; broilers. 14® 18c. Cheese—Steady; Young Americas, 12%® 18c. Butter—Market firmer; creamery, higher than extras, 23% 024 Vic; extra 92 score, 23®23%c; firsts 91 score. 22%022%c; firsts 88 to 89 score. 21®21%c; seconds, 20®20%c. Eggs—Market, strong: special packs, including unusual hennery selections. 37® 43c; standards, 34%®36%c; rehandled receipts, 33® 34c. Births Bov* Charles and Edna Taylor. Methodist hospital. Russell and Georgia Johnson, Methodist hospital. Spencer and Elsie Saxon, Methodist hospital. Henry and Ida Potter, 414 West Vermont. Girls Nicholas and Dorothy Chapin, 2360 North La Salle. Samuel and Nancy Johnson, 1814 Tailman. John and Anna Vaughn, 361 North Holmes. Harry and Mary Lowe, St. iVncent’s hospital. Harold and Catherine Olin, Methodist hospital. James and Margaret Finn. Methodist hospital. Eimer and Margaret Jackson, Methodist hospital. Turley and Mary Thompson, Methodist hospital. Deaths Effie E. Smith, 47, 1706% Ludlow, carcinoma. Wenfell J. West, 16. Long hospital, general peritonitis. Alonzo Wright, 65 , 2520 Broadsider acute myocarditis. Elizabeth McCullough, 62. 1001 High, pulmonary tuberculosis. George J. Cleckner, 73. 43 South Gray, carcinoma. Floyd Quinn, 43. 726 North East, carcinoma. Claude Maddox. 23. city hospital, typhoid fever. Emma D. Smith. 54. Methodist hospital. intestinal obstruction. Prank V. Van Camp, 73, Methodist hospital. cerebral embol sm. Roxie BriU. 48, 520 West Abbott, pulmonary tuberculosis. Frank Morrison. 48. city hospital, gangrene. Charles T. Watson, 70, city hospital, labor pneumonia. John Deering, 54, city hospital, accidental. Edna Henry. 29. 2241 West 10th, acute appendicitles. Edward Hicks Shoemaker, 69. city hospital, arterio sclerosis. Mary E. Goldstein. 77, 1906 West Washington. chronic myocarditis. Elizabeth Kittle. 78, 438 North Keystone, cerebral hemorrhage.

Registered V. S. il J[ Patent OfTiee RIPLEY

DOW-JONES SUMMARY

Great Northern in September reported net income amounting to $179,704 after charges, against $980,277 in September, 1931; nine months' net loss totaled 512,336.322. against net loss of $915,643 in first nine months of 1931. Daily average production of crude oil in the United States in week ended Nov. 19, totaled 2,127,103 barrels, an increase of 29,739 barrels over preceding week, according to Oil & Gas Journel. Detroit Edison in twelve months ended Oct. 31 earned $5.65 a share against $8.92 in twelve months ended Oct. 31, 1931. Consumption of crude rubber in United States in October amounted to 21,018 long tons, a decrease of 6% per cent from previous months; October imports amounted to 35,473 long tons, an increase of 20 2-10 per cent over preceding months, but 14 3-10 per cent below October( 1931. Market Street Railway in twelve months ended Oct. 31 reported net profit of $952,404 after ordinary taxes, but before interest. depreciation and federal taxes, against $1,342,045 In previous twelve months. Western Pipe and Steel Company of California declared a dividend for quarter of 25 cents, payable Dec. 5, of record Nov, 25. Pioneer Mills Company declared a dividend of 35 cents, payable Dec. 1, thereby bringing total of 1932 disbursement to the 1931 total of $300,000. California Ink Company Inc. in fiscal year ended Sept. 30, reported net profit of $179,441 eaual to $1.65 a share on 108,682 shares of capital stock, against $267,503 or $2.46 a share in preceding fiscal year. American and General Securities Corporation declared a dividend of 7% per cent on class A common, against 10 cents previously. Crude oil deliveries by nine companies formerly in Standard group, averaged 226.071 barrels daily in October, against 220,002 in September and $294,101 in October, 1931. M. A. Hanna Company declared the regular quarterly dividend of $1.75 on preferred stock, payable Dec. 20. of record Dec. 5. WOODMEN TO FUNERAL Three State Officials to Go to Dallas for Fraser Rites. Three Indiana officials of the Woodmen of the World Life Insurance Association will attend the funeral of the late William Alexander Fraser, president of the association, who died recently at Geneva, Switzerland. They are Joseph H. Pierce of Indianapolis, state manager; Claude E. Thompson of Frankfort, junior past head consul, and Frank L. Mueller of Evansville, head consul for Indiana. Funeral will be held Nov. 26 in Dallas, Tex. Mr. Fraser died Nov. 6 of heart disease. Following the funeral, representatives from Indiana and other states will go to Omaha. Neb., home office, to select new president. In the Air Weather conditions at 9 a. m.: West wind, 5 miles an hour ; temperature, 47; barometric pressure, 30.13 at sea level; ceiling, overcast, sprinkling, light fog, estimated 2,000 feet; visibility, 5 miles, smoky in east, visibility 3 miles; field, good. Pledge Community Fond Support Complete support of the Indianapolis Community Fund drive was urged of B’nai B’rith members at their meeting Monday night at Kirshbaum Center by Charles J. Karabell, president of the Jodge.

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

PAGE 13

STOCK MARKET SHOWS LOSSES IN DULLTRADE Roosevelt-Hoover Conference News Fails to Affect Securities.

Average Stock Prices

Average of thirty Industrials for Monday. high 67.88. low 64 87. last 65.57. off 2.47. Average of twenty rails 30 35. 29 12, 28 31. off 1.30 Average of twenty uttUUes 29 93. 28 86. 29 03, off .87. Average of forty bonds 78.75, off .29. BY ELMER C. WALZER United Pre* Muanetal Edtter NEW YORK, Nov. 15.—Stocks continued to decline at the opening and in the early trading today after their drop of 1 to 4 points in Monday’s session. Leading issues generally were lower at the outset, but losses for the most part were held within a fractional area. Volume was light. Yen Dips 44 Points The street withheld opinion on the Roosevelt note accepting President Hoover’s bid for a conference on war debts. The outcome was viewed as uncertain and hence had a dampening effect on buying. Another bank closing at Pittsburgh—the Duquesne National bank with deposits of $4,000,000 —worked against the market. Cotton futures were steady around the previous close. Wheat broke rather sharply at Liverpool. The pound sterling declined more than a cent, while the Japanese yen crashed 44 points. Steel common on the big board opened at 37 %. off %, and then eased toward the 37 level. American Telephone eased to 1094 from its opening of 109%, off 4. Cotton News Bullish Auburn Automobile declined more than a point to 444, while fractional recessions were noted in American Can, Westinghouse Electric, Union Carbide, American Smelting, Allied Chemical, Du Pont, Sears Roebuck, Loew’s, International Harvester and General Motors. The street was pleased with the cotton consumption report for October, showing 502,244 bales consumed, against 491,655 in September and 461,023 in October, 1931. Consumption for the three months ended Oct. 31 totaled 1,396,500 bales, against 1,350,388 in the 1931-32 season. Bank Clearings INDIANAPOLIS STATEMENT —Nov. 15. Clearings $2.846.000,.00 Debits 5,322,000.00 Foreign Exchange (By Abbott. Hoppins & Cos.) —Nov. 15Open. Sterling, England $3.31% Franc, France 0392 Lira. Italy 0512 Franc. Belgium 1388 Mark. -Germany 2378 Guilder, Holland 4018 Peseta, Spain 0818 Krone, Norway 1685 Krope. Denmark 1725 Yen, Japan 2062 INDIANAPOLIS STOCKS AND BONDS (By Newton Todd) The following quotations do not represent firm bids and offerings, but indicate the approximate markets based on recent transactions or inquiries to buy and sell. —Nov. 15Stocks Bid. Ask. Belt R R and Stkyds com 22 26 Belt R R and Stkyds pfd 45 50 Cent Ind Pwr 7'/o pfd 20 25 Citizens Gas com 14 17% Citizens Gas 5% pfd 74 84 Indols Pwr and Lt 6% pfd ... 58 65 Indp)s Pwr and Lt 6%% pfd.. 64 74 Indpls Gas com 42 48 Indpls Water 5% pfd 92 98 Indpls Pub Welfare Ln Assn co 47 52 Nor Ind Pub Serv 7% pfd.... 52 57 Pub Servos Ind 6% pfd 24 28 Pub Servos Ind pfd 40 45 So Ind Gas and Flee 609 pfd.. 64 S9 Terre Haute Elec 6% pfd 45 51 Bonds Belt R R and Stkyds 4s 84 89 Citizens Gas 5s 1942 #B% 91 Indpls Gas 5s 1952 79 83 Indpls Rys 5s 1967 21 26 Indpls Water 4%s 1940 95 99 Indpls Water 5%s 1953-54 ... 97% 100 Trac Terminal Corp 5s 1957... 38 43

Chicago Fruit

By United Prrtt CHICAGO. Nov. 15—Apples: Michigan Jonathans bushel. *1 25: Mclntosh bushel, $1.25: Spell bushel. *1.25: Delicious bushel, 81.25; Greenings bushel. 85c®$l. Chicago Stocks Opening (By Abbott. Hoppin St Ob.) —Nov. 15— Borg Warner .. 9 Swift Inti 17% Cities Service.. 3% Walgreen Stores 14% Middlewest %i Today the Investor’s Opportunity There are many inglral and profitable changes to be made in every Investment account. Send yonr list tor analysis, T. P. Burke & Cos. Incorporated SUITE 222 CIRCLE TOWER PHONE Riley 8533.

W" Safety for Savings Fletcher American NATIONAL BANK Southeast Corner of Mor*et on 4 Pennsylvania