Indianapolis Times, Volume 45, Number 142, Indianapolis, Marion County, 24 October 1933 — Page 11

OCT. 2 1, 1933

AIL Chemical Am. Smelting Am. Can Am. Telephone Am. Tob. B Atchison Chrysler Con. Gas N. Y. DuPont Goodyear

Market Average 9mm Twenty Active Issues Listed on the N. Y. Stock Exchange.

3 ULY AUGUST SEPT. OCTOBER. ! 24 Jt r -4 gi ? t II H $8 2 . S It ir7Br o^flv -^ TES - 1 r- | ....: ::i:— 7a 1 77 j—*— !- ■ " ! ! r —I —77 s 76 —r —i —i — 1 I —t — 7 “75 J : 4 1 1 j ! f | 1 75 U 73 ;t —t —i —;i —I 1 7 * o 72, ; 1 1 p—l 1 H ; | 72 £ 7 l4 r _. —_} —; 1 j ; ! 71 7° I ' il 1 1 ! 70 2 t 1 ! \ ! * ♦ 69 ? ; — t ,t ' i ~ t; 1 1 r —j-- ■ ■ ea j* ‘e| ——f- • .TZ}t p J.ffrlrff-H — ■■■■ , T—!i 57|| —U— , { ; ! j 1 i l —57 t' 56,-1 ► ] 1 j i 1 j flips 6 J 54— } j .. i | ; ; ... i— l } — \\ * aooU -.-Hi — ! -1 . 1 [ L-lj $ it ~ w i i 600 y~y *

This dally record of the movements of twenty active stocks, averaged, gives a clear view of the market trend. Long pull movements and daily variations are apparent at a glance.

New York Stocks 1 (By Abbott. Hoppln St Cos.) ———————

—Oct. 24 I Prev. Oil*— High. Low. 10:00. cloae. Amerada .. ••• il. Atl Hfg * ... ... 27V, Barnsdall • ,2 * Consol Oil .. ••• a ' Cont of I>l .*• a Houston <new).4 £ * 2 Houston < oid . * .*• 21 * 21 _ Mid Cont Pet... ~ ... ... }o*® Ohio Oil 14V 13% 14/* 13 2 Pet Corp ... 101* }9 2 Phillips Pet .... 14 i, 4 14' 14% 14 Pure Oli . ... il 11 Royal Dutch ... ... •••_, 32 Sbd Oil 32V* 32% Shell Un ... ' v * ••• Simms Pet •• ... ••• 4 /4 j Skelley Oil 7 . Soc Vac - 11 *2, * 1 SO of Cal 38'< 38 38 34 1 j S O of Kail %* B Oof N J ... 39** 39*. Texas Corp .. . 23'/ 23 1 /* 23V 23 Tidewater Assn 10 jj '* , Un Oil of Cal 1“ Steel*— Am Roll Mill* J* Belh Steel 26’* 2b Bvers A M ... 20 2O^ * Col Fuel Si Iron $ 4 Cruc Steel 11 Ludlum Steel ■■ f Nall Steel 36 35 Rep Iron A- Steel .. JJ t Hep Ir Si Stl pfd .. ~ . ••• 22 U 8 Smelt ....9114 91 91 88% Vanadium J 7 4 V S Pipe Si Fdv. . • 1" 4 U S Steel 38 3,% 3.% 3b% U S Steel pfd . . YounKstn S T .. ... 1° * Atchison ■**% 48 Atl Coast Line 29 B& O 20% 21 Can Pac •• - 12 ‘b 12‘b Ch & 0hi0..... 39 38^8 Chi A (it W 2'* C M Si St P 4 s * C M Si St P pfd .. 7 l i " Chi N W ... 7% Chi R Isl —. 4 3‘a Dela Si Hud 47‘ 4 Erie 13t4 13 3 * Cirt Northern.... .. ... 16H 16 111 Central . ... .4 ••• 25 24Ji K C' Sou .. 10 1 * Lou Sc Nash ... . ... ... 38 M K & T 7*4. 7 3 4 Mo Pac 3’4 Mo Pac pfd .... ... 5 5 N Y Cent ... 29’* 29U N Y Chi Sc St L 14 3 * N Y Chi Ar S L p 16 3 4 N Y New H.t.en 15 N Y Out & Wes 8 3 4 B'i Norfolk & Wes.. .. ... 144 ... Nor Pac .. ... 17** 13 Penn HR 24>4 24'* St.u Pac 19 18’. Sou R R 20 19 1 4 Sou It R pfd 21 5 * Union Pac 105' 2 Wabash 3 v. Mary 8 Motors— Auburn 35' 1 36 Chrysler ... 40' 39‘4 Gen Motors . .. 26'* 26'/i 26' 1 26 Graham Mot 2 3 i Hudson ... Hupp 4 M ick Truck 25 <4 24 Nash 17 s * Packard 3' 2 S 3 * 3' 2 3‘< Studebaker ... 4 3 * 4'.. Yellow Truck ... 4 4 Motor Access— Bendix . 12 >4 11% Bolin Alum 41 ‘ a 42 Borg Warner 13 Briggs 8 7 7 i 8 7 1 * Budd Wheel . ... ... .. 3 1 * Eaton Mfg .. 10 7 * 10 3 4 10 3 4 10 \ Flee Auto Lite 13’4 Houd A 244 2 3 4 Mullins Mfg 4 Murray Body 4‘j Stow Warner ... 5% 5 3 4 Timken Rol 24 24 3 * Mining— Alaska Jun 25 24 3 , 25 23 3 4 Am Smelt 37*4 37 1 4 37% 36'h Anaconda 13’a 13 7 * 13% 12 1 , Cal Si Hecla ... ... 4’4 Cerro De Pasco. 30 29‘a 29% 28% Granby 8 8% Gt Nor Ore 9 8% Homestake Min. , ... 352 340 Howe Sound ... .. ... 25% 25 1 a Ins Copper ... 4% 4 1 * Int Nickel 18V t 18 Kennecott Cop.. 19 18 5 * 18% 18 ! * Noranda C0p.... 32% 32 32% 31% Phelps Dodge.... 14-% 14V 14 3 13% Tobaccos— Am Snufl 48' 2 Am Siim Tob ... 13 13 Am Tobacco .. 75% 76'4 Am Tobacco B. 78% 78% 78% 78% Gen Cigar ... ... 29% I.lgg A* Myers B 90% 89% 89% 89% Lorrillard 18% Reynolds Tob B 46% 47 Equipments— Allis Chalmers . IP, 14% 14% 14% Am Car & Pdy 20% Am Steel Fd|c. .. ... IS 15% Bald Loco 10% 10% Burroughs 13% 13% Case J I ... 59 59 Cater Tract 18% 18% Colgat Palm Peet . ... ... 12% Congoleum 22 21% 21% 22%

COLLATERAL i % loans • / \J No Co-M:ikfrs Repaid Over a Whole Year The Indianapolis Morris Plan Cos. 5s K. Corner Delaware ami Ohio St. RI. 1536.

Business Insurance Backed by a proper agreement make* it unnecessary for the widow either to become a silent or active participant i* the business or to be paid largely in notes or by a mortgage for her interest. \\ttrd H.iiackJeman And Associate. Massachusetts Mutual Life Ins. Cos. >OO Continental Bank Bldg.

To Holders of U.S. Liberty Loan Fourth 4Hs We suggest conversion and offer our facilities for handling details. T. P. lit RKE & COMPANY. INC. investment Securities 217-224 Circle Tower. Telephone Riley 8536

Inti Harvester Johns-Manville Nat. Biscuit Pub. S. of N J. Sears Roebuck Stand, of N. J. Un. Aircraft U. S. Steel Union Pacific Westinghouse

Elec Stor Bat . _ 37 37 Foster Wheeler. 4 1 , 14% 14% Gen Am Tk Car. , , .44 ... 29 Gen Elec 18% 18V* Gen R R Slg . J , 44 ... 29 Ingsol Rand ... 1 , 52% 52 Int Bus Mach. , , .* ... 131 Kelvlnator *jj ... 11 Natl Cash Reg.. , , JS ... 14 Proc Si Oemble. 2 ... 39% 38% Pullman Inc ...... ... 43 43 Simmons Bed .. 16% 16% 16% 16% Und Elliot 24 West Air B 25 25 Westlngh E1ec..337/.2 7 /. 32% -32% 31% Worthington Pm 19 Utilities— Am A' For Pwr 7% 7% Am Power A Lit. .. 7 7 /* 7% AT&T 113% 113% 113% 113% Am Wat Wks 20% 19% Brook Un Gas... .. ... ... 64% Col Gas& Elec.. 12% 12V* 12% 12 Com & Sou ... 2% 2% Consol Gas 41% 40% 41% 41 Elec Pwr A Lit 6% 6 Int Hydro Elec. Il'/* 11 11 11% Int T A T iOVj Lou GAEA 15% 15% Nat Pwr A Lit. .. ... 11 10% North Amer 17% 16% 17% 17% Pac G A’ E 19% 19% Pub Serv N J... .. ... 38% 38% So Cal Edison... *. ... 18% 17% Std Gas .. ... 9V2 9% Std Gas pfd 10% United Corp 6 5% Un Gas Imp 16% 16% Ut Pwr A Lit A 3% Western Union.. 46 44% 45 l/ 2 44% Rubbers— Firestone 18% 18% 18% 18% Goodrich 11% 11 11% 10% Goodyear 27% 26% 27% 27 U S Rubber ... 13% 13% 13% 12% U S Rubber pfd 20 Kel Spring 2% 2% Amusements— Crosley Radio 8% Fox Tnea 13 Loews Inc 26% 25% Radio Corp .... 7 6% 6% 6% RKO 2% Warner Bros .... 6% 6% 6% 6% Foods— Am Sugar ... ... 50 Armour < At 3% 3% 3% 3% Beatrice Creamy 12% 12 Borden Prod 23 V* 23 23 22 % Cal Packing . . . 191, Can Dry G Ale 23% 24% Coca Cola . 92 Cont Bak <At . ‘ ' g% Corn Prod 7974 70, Crm of Wheat.. 27% 27% Gen Foods ...... 33% 33% 33% 33 Gold Dust . 17% 17% 17% 17% G W Sugar 33% 33% 33'- 33% Hershev ... 03% Loose Wiles ... J 351^ Natl Biscuit 42% 42% Natl D Prod Purity Bak ’ J3l* S Porto Rico Sug 37% 37 371, 36% Std Brands .. . 22\ 21% 22 01 1~ United Fruit . 57 59 2 Ward Bak tA) 1 . ioa; Retail Stores— Asso Dry Goods inr. Best A Cos 9, Gimbei Bros “4 4 Hahn Dept Sts.. .. ... 4% Jewel Tea " 2 6 Kresge S S *ii 1 u Kroger Groc 19% 20 Macy R H 5911 May Dept St 2 4% Mont Ward 17% 17'4 i7% 171/. Penny J C 42% 42 Safeway St 33 Sears Roebuck.. 37 36% 36% 35% Woolworth 37 u i. Aviation— 4 Avlation Corp .. 7% 7% 7% 7s; Douglass Air ... 13 12% 13 12% Curtiss Wright.. .. ... 2% 2' Curtiss Wright A 41° Nor Am Av 5% 4% 5% 5 United Aircraft. 27% 26% 27% 27% Chemicals— Air Reduction ... 95 Allied Chem ... ... 127'Am Com Alcohol 47% 46% 47% 46% Col Carbon ... 48 48 Com Solvents ... 31% 30% 30% 30% Du Pont 74% 73% 74% 72% Freeport Tex 41 40% Liquid Carb 2 3 Math Alkali 36% 36 36% 35% Tex Gulf Sulph 36 35% 36 35 Union Carbide. 38% 38% 38V 2 37% U S Indus Alco 58 57% 58 57 Natl Dist 84 82% 84 82% Drugs— Cotv Inc 3% 3 s a Lambert 2 6% 26% Lehn A Fink 16% 16% Zonite Prod 4% 51 „ Financial— Adams Exp ... ... 6% Allegheny Corp ... ... 3% Chesa Corp ... 32% Transamerica 5.1, 51.. Tr Conti Corp 4% 41. Building— 8 Am Radiator .... ... 12% 12'i Gen Aspjhalt 1334 Int Cement ... ... 26% Johns Mauville. 47% 46 47% 45% Libbv Owens Gls 28 27% 28 27% Otis Elev 12% Ulen Const ... ... 2 Miscellaneous— Am Bank Note u% Am Can 89 % 88% Anchor Cap 13** 131* Brklyn Man Tr 28% 28 28 28% Conti Can 62% 61 I Eastman Kodak 74 73% Owens Bottle .... ... 73 74 Gillette 11% 11 m* 10% Olidden 15 14% 14% 15 Gotham Silk .... ... . 8 Indus Rayon ... 68% 67% 68% 67% Inter Rapid Tr. .. ... . . g% Real Silk Hose .. .. 91^

In the Cotton Markets

—Oct. 2S—CHICAGO High. Low. Close. January 9.61 9 44 9 44 March 9.77 9 60 9 60 May 9.93 9 75 9 76 October 9 22 December 9.55 9 34 9.34 NEW YORK January 9 51 9.35 9.35 March 9 68 9 50 9 50 Mav 9.82 9 65 9.65 Julv 9 95 9 80 9.80 October 9 30 9 20 9.29 December 9 48 9.28 9.28 NEW ORLEANS January 9 54 9 35 9.35 March 9.66 9 49 9.49 Mav 9.80 9 64 9.64 Julv 9 95 9 77 9.77 October 9.19 December 9.46 9.27 9 27

STOCK SHARES RESUME GAINS IN QUIET TRADE Cotton Futures Up Sharply; United States Dollar Remains Weak.

Average Stock Prices

Average of thirty industrials for Mondav: High 90.54. low 36.25. last 88.13, up 449 average of twenty rails: 37.16. 35.48. 36.10, up 2.00; average of twenty utilities: 21,63. 23.68 23.85. up .71; average of forty bonds. 83,00, off .27: average of ten first rails: 91 80. off .24; average of ten second rails: 67.62. off .08; average of ten utilities: 93.04. off 08; average of ten industrials: 83.16. off .66. BY MAX BUCKINGHAM United Press Financial Writer NEW YORK, Oct. 24.—The stock market opened slightly higher today with trading fairly quiet. Cotton was 60 to 75 cents a bale higher. The entire tone reflected inflationary interpretations placed on President Roosevelt’s money policy. The United States dollar continued weak in relation to other foreign currencies. Resignation of the French government, possibilities of which led to some sell-off Saturday and again near the close yesterday, did not detract from the stronger optimism in the financial district. United States Steel, Du Pont and American Can, three of the leading industrials, led the market forward. Steel’s gain of IVi could be traded to a belief some rail buying might come in as result of the revision downward on steel rails. Du Pont’s gain of 1% points was due to the excellent earnings report available today. American Can, gaining 2% points while selling ex-dividend, felt the effects of strong buying. Mining shares again were strong with Home Stake adding 12 points to its 40-point gain yesterday. Repeal issues, which underwent rather heavy selling in the closing hour yesterday, came back fractionally this morning. Rails were fractionally higher while Chrysler and General Motors gained fractionally as Auburn dropped a half point.

Bank Clearings

INDIANAPOLIS STATEMENT * —-Oct. 24 Clearings $1,688,000.00 Debits 4.206.000.00 TREASURY STATEMENT —Oct. 24 Net balance for Oct. 21, ..$979,165,905.25 Misc. int. rev. repts 1,630.904.34 Customs repts mo. to date.. 22.731,596.43 New York Curb (By Abbott, Hoppin & Cos.) —Oct. 23 Close; Close Alum Cos of Am 54%irmperial Oil ... 12 Amer Bev 2 j Inti Petrol 17% Am Cyan <B).. 9% I.uke Sh Mines. 47' Am Gas El 24 Mount Prod ... % Amer Sup Pwr.. 3’VNati Bellas Hess 2% Ark Natl Pr (A) 1% Niag Hud Pwr.. 6 Asso Gas <A) .. % Pan-Am Airways 43 Atlas Ut Corp.. 10% Pennroad . 3 Axton S3 -St Regis Paper.. 3 Can Marc 2% Salt Creek Prod 5% Cities Serv 2% Std Oil of Ind.. 28% El Bond & Sh.. 16% Std Oil of Ky.. 14% Ford of Eng ... 5% Un L & Pwr (A) 3 Ford Mot Can.. 10 Wright Hargraves 7% Hudson Bay Min 8% Liberty Bonds By United Press NEW YORK. Oct. 23.—Closing Liberty bonds: (Decimals represent thirty-seconds ) Libierty 3%s (32-47) 102 20 Liberty Ist 4%s (32-47) 102'19 Liberty 4th 4%s 133-38) 103 16 Treasury 4%s (47-52) 110 15 Treasury 4s (44-54) ; 106’17 Treasury 3%s (46-56) 104 20 Treasury 3%s <43-47• . 102 2 Treasury 3%s (41-43) March ” 10L30 Treasury 3 3 *s (40-43) June 40130 Treassury 3'/*s (46-49) 100 6 Treasury 3s (51-55) 98 20 Treasury 3%s (41 > ioi'9 New York Bank Stocks By Abbott, Hoppin & Cos. —Oct. 21— Brooklyn Trust Bid 8 2 AS BS Central Hanover 112 M, 1141', Chase National 20 20' 1 r Chemical i 31% 31% City National . 22% 22% Corn Exchange 47% 48% Continental nu its; First National 1 210 1 225 * Guaranty 2 78% '280% Irving 14■% 15 Manhatten & Cos 22% . Manufacturers 11% i 2 % New York Trust 83% 84% Public 22%

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Oct. 23 , . Bid. Ask. 4s Nov. 1. 1957-37 86 86% 4 May 1. 1958-38 86 86% 4'iS July 1, 1956-36 87 87% 4%s Jan 1, 1957-37 87 87% 4%s May 1. 1957-37 87 87% 4%s Nov. 1, 1957-38 87 87% 4%s Dec. 1, 1933-32 100% 100% 4%s May 1, 1942-32 92 92% 4%s Jan. 1, 1943-33 92 92% 4%s Jan. 1, 1953-33 89% 90% 4%s July 1. 1953-33 89% 90% 4%s Jan. 1. 1955-35 89% 90% 4%s July 1, 1955-35 89% 90% 4%s Jan. 1, 1956-36 89% 90% 4%s July 1. 1953-33 92% 92% 4%s Jan. 1. 1954-34 92 92% 4%s July 1, 1954-34 92 92% 5s May 1. 1941-31 97 97% 5s Nov. 1, 1941-33 97 97% Home Loan 4s. Julv 1, 1951 , . 86% 87%

Indianapolis Cash Grain

—Oct. 23 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. 0. b. shipping point, basis 41 % New York rate. were. Wheat—Strong, No. 1 red. 74%#75%c; No. 2 red. 73%®74%c; No. 2 hard, 73% ®74’ iC. Corn—Steady; No, 2 white. 38%@39%; No. 3 white. 37%@38%c; No. 2 yellow, 37%#38%c; No. 3 j'ellow. 36%®37%c; No. 2 mixed. 36%®37%c: No. 3 mixed. 35% fc36%c. Oats —Strong: No. 2 white. 30%@31%c; No 3 white, 29%#30%c. Hav—Steady; if. o. b. country points taking 23%c or less rates to Cincinnati or Louisville); No. 1 timothy. [email protected]; No. 2 timothy, $5.50®6. —lnspections IVheat—No. 2 red, 2 cars. Total. 2 cars. Corn—No. 2 white. 13 cars: No. 3 white, 9 cars: No. 4 white, 3 cars; No. 2 yellow, 9 cars: No. 3 yellow. 14 cars; No. 4 yellow, 16 cars. No. 5 yellow. 7 cars: No. 6 yellow. 1 car. Total. 72 cars. Oats—No. 2 white, 2 cars; No. 3 white. 3 cars; No. 2 mixed, 1 car Total, 6 cars. TOLEDO CASH GRAIN By United Press TOLEDO. Oct. 23—Grain close: (Grain in elevators, transit billing.) Wheat —No 2 red. 88%@89%c; No. 1 red. l#l%c premium. Corn—No. 2 yellow. 48# 49c. Oats— No. 2 white, 38%#39%e. Rye—No. 2 69# 70c. (Track prices. 28%c rate.) WheatNo. 1 red. 84% 0 85%c; No 2 red 83%# 84'-c. Corn—No. 2 veilow. 43%#44%C' No. 3 yellow. 42%#43%c. Oats—No. 2 white. 3o%<# 36%c; No. 3 white. 34% a 36c Seed close: Clover—October. $7 25: December. $7.40: March. $7.65. Alsike—Cash $8 50; December $8.70.

Daily Price Index

By United Press NNEW YORK. Oct. 23—Dun & Bradstreets da:!v weighted'price index of thirty basic commodities, compiled for the United Press (1930-1932 average. 100) Todav 100 02 Saturday 98 84 Wee k ago 95 46 Month ago 103 23 Year ago 74 71 1933 high (Julv 18) 113 52 1933 low Jan. 20) 67 86 Copyright, 1933. bv Dun & Bradstreet. Inc. NEW YORK RAW SGAR FUTURES —Oct. 23 High. Low. Close. January 123 1.16 1.20 March 1.27 1.22 1.24 May 1.32 1.28 1 30 July 1.36 1.34 1.34 September 1.-X 1.38 1.39 December 1.23 1.15 1.20

THE INDIANAPOLIS TIMES

Chicago Stocks] By Abbott. Hoppln St Cos. TOTAL SALES 37.000 SHARES —Oct. 23 High. Low. Close. Abbot Lab 39% Asbestos Mfg 3% 3% 3% Assoc Telephone Util % Automatic Washer 3 Bend:x Aviation 12% 11% 11% Berghofl Brew Cos 8% 8% 8% Borg-Warner 14 13% 13% Busier Bros 3% 33% Cent 111 Pub Sorv pfd.. 18 17% 17% Cent Pub Util % Chi A North Western.. 7% 7% 7% Chicago Corp com 2% 2V 2% Chicago Mail Order .... 11 10 10 Cities Service 2% Ciub Aluminum % Commonwealth Edison 43% Cord Corp 7 6% 6% Crane Cos 5% 5% 5% Dexter Cos 5 4% 5 Electric Household ... 10 9% 10 Gardner-Denver Cos 18 General House Util ... 13% 13 13% Great Lakes Aircraft.. . ... % Great Lakes Dredge,... 17 16 16% Grigsbv-Grunow 2 1% 1* International Power ... 10% Kalamazoo Stove 15 14% 14% Kingsbury Brew Cos .. ... .... 8% Libbv-McNeil 3% 2% 3% Lynch Corp 31. 30 30 Marshall Field 13:* 13 13% McWilliams Dredging Cos 14% 13% 14% Mickelberry's Food Prod .. ... 2-a Muskegon Mo Spec A.. .. ... 7 National Leather 1% 1 1% Noblitt-Spafks Ind Inc 22% 21% 22% North American Car 4 Northwest Bancorporat , 5 Perfect Circle 21 a Prlma Cos i*. B Process Corp 4 8 Public Service N P. •• *0 Public Service 6% pfd. .. ... 51 Quaker Oats ... 115 114 114 Raytheon V T C 2% 1% ?% Sears Roebuck 37.% 34% 3i% Swift &Cos 14% 13 13% Swift Internacional .... 21% 21 21 Thompson. JR...., 4 7 U S Gypsum com 44% Utility & Ind pfd 314 3% 3% Walgreen Cos com 16% 16 16 Ward. Montgomery (A) 60 59% 60 Wieboldt Stores 10% Zenith Radio ... 2

On Commission Row

—Oct. 24Fruits Cranberries —Cape Cod early blacks. 25lb box, $2.25. Grapes—California seedless, crate, $2.25; California Tokays, crate, $1.60; Ohio Concords. 12 2-quart baskets, $1.65; Michigan Concords, 12-quart basket, 35c. Melons—Cahfbrnia Honeydews. (6s-ss) $2.50; Persians (6si per case, $2.50. Casabas (6s) per case $2.50. Pears—New York Bartletts (No. Is), per bushel, $2.25; Oregon Bartletts (135s 150s165st, $3.25; Avacados, Fla., (10s-16s>, crate, $2. Bananas—Per pound, 6’4c. Apples—Wealthy, Wolf River, Grimes Golden Jonathan, *1®1.50 a bushel; fancy Jonathans, [email protected] a box. Grapefruit—No. 2, sealed-sweet case, $2.80; dozen, $1.45; No. 2, Phillips juice, case, $2.60; dozen, $1.35. Prunes—ldaho Italian, 16-lb. lugs, sl.lO. Oranges—California Valencias. s3.so<£i 4.75 a box. Lemons—Fancy California, [email protected] a box. Vegetables . Cabbage—lndiana Dannish, 50-lb. bag, $1; Eastern Dannish, 50-lb. bag, $1.15. Onions—Utah Spanish, 50-lb. bag, $1.35; Western white, 50-lb. bag. $1.50; Indiana white, 50-lb. bag. $1.25; Indiana, yellow', 50-lb. bag. 85c; 10-lb. bag, 22c. Beans—Round stringless, bushel $1.85. Beets—Home grown, dozen,2sc; bulk per bushel, 85c. Carrots—Home grown, dozen, 35c; bulk, per bushel, sl. ...... Cauliflower—Utah, (lOs-lls-ls) crate, $1.50. Celery—Michigan Mammoth, bunch, 60c; medium bunch, 35c; hearts, 30c; 16 bunch flat crate, 85c. . ... Lettuce—Home grown, 15-lb. basket, 60c; home grown, Endice, dozen, 40c; Iceberg, best 4s crate, $3; 5s crate. $3.25; hothouse, 15-lb. basket. SI. Radishes—Buttons, Ohlos. dozen, 60c; per 2 dozen basket, sl. Spinach, broadleaf, per bushel, 75c. Turnips, per bushel, 85c. Tomatoes —Home grown, 10-lb. basket, 40c; home grown, per bushel. $1.25. Potatoes—Northern Round White, 100-lb. bag. $1.50; R. R. Ohlos, 100-lb. bag, $1.60; Minnesota cobblers, 100-lb. bag, $1.50; 15-lb. bag, 34c; Wyoming triumphs, 100lb. bag, $2.10. Sweet Potatoes—lndiana Jerseys No. 1. hamper, $1.40; Nancy Halls, per bushel, $1.25.

Produce Markets

Delivered In Indianapolis prices—Hens. 10c; Leghorn hens. 7c: heavy breed springers. 10c: Leghorn springers. 7c: cocks. 5 lbs. and up. 6c: under 5 lbs., 4c; ducks. 4% lbs. and over, full feathered and fat. 6c; under 4% lbs., 4c: geese, full feathered and fat. 4c; No. 1 strictly fresh country run eggs, 18c; strictly rots off; each full egg case must weigh 55 lbs. gross; a deduction of 10c a pound for each pound under 55 pounds will be made. Butter—No. 1. 25@26c; No. 2, 22® 23c. Butterfat. 18c. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO. Oct. 24.—Eggs—Market, firm; receipts, 3,192; extra firsts, 20c; dirties, 12# 13 %c; current receipts. I6V2# 17%c. Butter —Market, unsettled; receipts, 12.809; specials, 23%#24c: ex'_-a, 23c; extra firsts. 20>'2#22c: firsts. lb#l9%c; seconds, 16%#17c: standards. 21c. Poultry—Market. steadv to lc lower; receipts. 47 trucks; fowls. 12%#13c; Leghorn broilers. 9c; Leghorn, 7c; ducks, B#9c: geese. 9c; turkeys, 8c; young turkeys. 12@13c. Cheese—Twins, ll%'#l2c; Longhorns, 12%@12%c. Pota-toes-Supply heavy; demand and trading good on Russets; market, firm on Russets, dull on others: Wisconsin Round Whites. $1.1001.15; North Dakota Cobblers, Red River section, $1.12%W1.20; Red River Ohios, $1.10#1.15; Minnesota Round Whites, $1.0501.10; Red River Ohios, $1.1001.12%; Colorado McClures, $1,400 1.45; South Dakota Round Whites, 87c0 $1- Idaho Russets. $1.1501.15: commercials, $1.3501.45; shipments. 644; arrivals, 75; on track, 399. firm; Long Island. $1.1003.60 per barrel: Maine, 51.70 0 3.15 per barrel: Idaho. $1.90 #2.25 per sack. Sweet potatoes—Quiet; jersey basket. 35c#$l: southern, barrel, $1.2501.75: southern basket. 40c# sl. Flour —Firmer; springs, patents, $6.55#6.80 per sack. Pork—Steadv; mess. $17.50 per barrel. Lard —Firm; middle west spot, $5,400 5.50 per 100 lbs. Dressed poultry—Dull; turkeys, 10026 c; chickens, 8# 19c; broilers, 10# 22c; capons, 10#20c: fowls, 9# 16c; ducks, 1213 c; Long Island ducks, 14#'15c. Live poultry—Dull; geese. 8# 10c; turkevs, 15020 c: roosters. 9c; ducks, 9#l2c; fowls, 10015 c: chickens, 10# 15c. Cheese—Quiet; state whole milk, fancy to specials, 20%# 21 %c; young America! 12%#18%c. Butter —Receipts, 20.030 packages; market, steadv; creamery, higher than extras. 24% #2sc: extra, 92 score, 24c; firsts, 90-91 score. 21’*#23c: first, 88-91 score. 21%® 23c: first. 88-89 score. 18 %#2o%c; seconds. 17# 18c. Eggs—Receipts, 16,394 cases; market steadv: special packs, including unusual hennery selections. 26#32c; standards. 23®25c; firsts. 19®20c: second, 16% 17c: medium, 15015%; dirtiee, 14015%c; checks. 13@13%c.

Investment Trust Shares

(By Abbott. Hoppin & Cos.) —Oct. 23 Bid. Ask. American Bank Stocks Corp.... .85 .90 American and Gen Sec (A) 5.25 6.25 Basic Industry Shares 2.85 .... British Type Inv Tr Sh 46 .52 Collateral Trustee Shares (A). . 4.00 4.37 Corporate Trust Sh (old) 2.04 2.09 Corporate Tr Shares (new) 2.11 2.15 Cumulative Tr Shares 3.64 3.70 Diversified Tr Shares (A) 6.25 .... Diversified Tr Shares <B) 6,62 .... Diversified Tr Shares (Cl 2.74 2.78 Diversified Tr Shares (D) 4,37 4.50 First Insurance Stock Corp.... 1.30 1.45 First Common Stock Corp .85 1.00 Fixed Trust Oil Shares (A) 7.40 Fixed Trust Oil Shares (B) 6.25 Investors Inc 16 00 16 50 Low Priced Shares 4.75 5.00 Mass Inv Trust Shares 16.25 16 75 Nation Wide Securities 2.84 2.94 North Amer Tr Shares (’53) 1.71 No Amer Tr Shares C55~’56) . . 2.17 220 Petroleum Trust. Shares <A)...11.00 14.00 Selected American Shares 2 25 Selected Cumulative Shares.... 6.25 6.50 Selected Income Shares 312 325 Stdd Amer Tr Shares (A) 2.83 288 Trust Shares of America 274 278 Trustee Std Oil 1A) 485 500 Trustee Std Oil tB) 4.40 460 U S Electric Lt & Pwr (A).... 11.50 Universal Trust Shares 2.6* 2.70 Births Bovs James and Martha Duncan. 2284 Indianapolis Paul and Nellie Barnhart. Coleman hospita I. Thomas and Frances Hughes. Coleman hospital. William and Margaret Seal. Coleman hospital. „ Girl* Ernest and Margaret Shaw. 360 South Ritter. pita!' han and Mary Beer " Coleman hosDeaths William Allen Foster. 1 month. 522 West Twelfth, enteritis. Eilse Fricke. 74. 1023 Parker, cerebral hemorrhage. Norvel Gordon. 50. 4924 Lowell, coronarv thrombosis. Albert Adolph Bandemer. 70. St. Vincent hospital, carcinoma. William Denny. 40. U. S. Veterans’ hospital. pneumonia. O'elia M. Hoffman. 74 4057 Broadway, hypostatic pneumonia. James M Hoffman. 74. 4057 Broadwav. hypostatic pneumonia. James Soules. 86. city hospital, anemia. Marguerite Baker, 95. 510 West Seventeenth. arteric sclerosis Albert Johnson. 83. St. Vincent's hospital. influenzal pneumonia Norma Helen Minkner. 23. 633 South Fuller drive, pulmonary tuberculosis Nannie Belle Moore. 64. 2214 Morton, cardio-vascular renal disease. Evanda Mayfield. 20. city hospital, septicaemia. Infant Carter. 5 months. 938 North Sheffield, pneumonia. Frank M. Burnside. 50. 1321 West Ray. lobar pneumonia. Jacob Rubin, 82, 352 Good, coronary occlusion.

SWINE VALUES DROP 10 TO 25 CENTSAT PENS Cattle Slow and Steady; Lambs Unchanged at $7 Down. Porker prices moved into further lower levels at the Union Stockyards this morning after displaying a steady trading range during the last few days. Majority of all classes showed a decline of from 10 to 25 cents under yesterday’s aver- ] age. Underweights were steady to 25 cents lower. The bulk, 160 to 300 pounds, sold for $4.25, while few butchers were quoted at $4.30. Weights scaling 300 pounds and up were salable at $4 to $4.15; 130 to 160 pounds brought $4. Lightest kinds weighing 100 to 130 pound!) sold at $3.25 to $3,75. Receipts were estimated at 8,000; holdovers, 553. Mostly a steer run was on hand in the cattle market, with initial trade not fully established. Few early sales remained steady at $5.25 to S4L She stock were steady to strong. Vealers continued unchanged, selling from $7 down. Receipts numbered 2,800; cattle, 600. Steady trading featured the lamb session, with ewe and wether grades selling largely at $7. Bucks sold at $6 down. Common and medium ranged from $4 to $5.50. Receipts were 2,000. Few scattered bids on hogs at Chicago held around steady with yesterday’s average at $4.50 downward. Receipts were estimated at 17,000, including 5,000 directs; holdovers, 2,000. Cattle receipts were 8,000; calves, 2,000; market, steady. Sheep receipts numbered 10,000; market unchanged to strong. . HOGS Oct. Bulk. Top. Receipts. 17. $4.60® 4.65 $4.85 6,000 18. 4.45® 4.50 4.50 6,000 19. 4.45% 4.50 4.50 4,500 20. 4.45@ 4.50 4.60 6,000 21. 4.45® 4.50 4.55 3,000 23. 4.45®! 4.50 4.50 7.000 24. ... 4.25® 4.30 4.30 8,000 Market steady. (140-160) Good and choice. ..$ 4.00 —Light Weights—-(l6o-1801 good and choice.... 4.25 (180-2001 Good and choice 4.25 —Medium Weights—-(2oo-220) Good and choice.... 4.25 (220-250i Good and choice ... 4.25@ 4.30 —Heavy Weights—-(2so-290) Good and choice.... 4.25@ 4.30 (290-3501 Good and choice.... 4.10® 4.25 —Packing Sows—• (350 down! Good 3.50® 3.65 (350 upl Good 3.25@> 3.60 (All weights) medium 3.09® 3.50 —Slaughter Pigs—-(loo-130) Good and choice ... 3.25® 3.75 CATTLE Receipts, 2,800; market, steady (1.050-1,100) Good and choice $5.00® 6.25 Common and medium 3.00® 5.00 (1.100-1,500) — Good and choice 5.25® 6.35 Common and medium 4.00® 5.25 —Heifers—-(so-750) Good and choice 5.00® 6.25 Common and medium ...J. 2.75® 5.00 (750-900) Good and choice 4.50® 6.00 Common and medium 2.50® 4.50 —Cows— Good 2.85® 3.25 Common and medium 1.75# 2.80 Low cutter and medium 75® 1.75 —Bulls (yearlings excluded) Good (beef) 2.50® 3.25 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts, 600; market, steady. Good and choice $ 6.50® 7.00 Medium f 4.50® 6.50 Cull and common 2.50® 4.50 —Calves—-(2so-5001 Good and choice 4.00# 5.00 Common and medium 2.00@ 4.00 Feeder and Stocker Cattle—-(soo-800) Good and choice 4.25# 5.00 Common and medium 3.00® 4.25 (800-1.5001-Good and choice 4.25# 5.00 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 2,000; market, steady. —Lambs—(9o lbs. down) Good & choice.s6.so® 7.00 (90 lbs. down) com. and med.. 3.50® 6.50 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS By United Press CHICAGO. Oct. 24.—Hogs Receipts. 17,000, including 5,000 directs; packing sows steady, others fully 10 cents lower; bulk 140-300 pounds, [email protected]: top 450; packing sows, [email protected]; light lights, 140-160' lbs., good ana choice, $4®4.35; light weight 160-200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, $4.25®4.50; heavy weights, 250-350 lbs., good and choice, $3.65 ®4.40; packing sows, 275-550 lbs., medium and choice, $34/3.75; slaughter pigs. 100130 lbs., good and choice, $3.25@4. Cattle —Receipts, 8.000; calves. 2,000; bulk 1.000 to 1,150 pounds top $6.40; light heifers and mixed yearlings of 900 pounds down 10 to 15 ie.its higher; several loads of heifers, $64(6.15; medium and weighty bullocks about steady, bulk $5#5.75; best 1,300 pounds. $6; cows scarce and strong; bulls strong to 10 cents higher; vealers steady; slaughter cattle and vealers: steers 550-900 lbs., good and choice. $5.25#6.50; 900-1,100 lbs., good and choice, $5M6.50; 1,100-1,300 lbs., good and choice, $4.75# 6.25; 1,300-1.500 lbs., good and choice, $4,50 #6.25: 550-1.300 lbs., ommon and medium. $2.75®5; heifers, 550-750 lbs., good and choice. $5.2# 6.40: common and medium, [email protected]; cows, good. $2.75@4; common and medium. $1.85#2.75; low cutter and cutter. SI 'y' 1.85: bulls yearlings excluded, good beef, s3# 3.35; cutter common and medium, 51.75#3; vealers, good and choice. $5.75 <#7.50; medium, $4.50® 5.75; cull and common, $3.50# 4,50: stocker and feeder cattle: steers, 550-1,050 lbs., good and choice. $3.75®5.25: Common and medium. s2# 3.75. Sheep—Receipts, 10,000; lamb undertone strong to 25c higher; desirable natives up to $7.25; best held well above $7,50; sheep firm; white faced feeding lambs up to $6.25, best selling at $6.50: slaughter sheep asd lambs: lambs 90 lbs. down, good and choice. $6.25# 7.50; common and medium, $4.25# 6.50; ewes 90150 lbs., good and cohice, $1.50®3: all weights common and medium, sl@2; feeding iambs. 50-75 lbs., good and choice. $6 @6.60. LAFAYETTE. Oct. 24.—Hogs—Market. 15 #2oc lower: 200-250 lbs.. [email protected]: 250325 lbs.. S3 90# 4.05; 140-200 lbs.. $3.75# 4.05; 10C-140 lbs.. $3 0 3.50; roughs, $3.25 down: top calves. $6; top lambs, $6. CLEVELAND. Oct. 24.—Cattle—Receipts, 200: market about steady in dull trading: choice 750-1.100-lb. steers. $6 0 6.65; good 550-900-lb. steers. $5#5.50: good heifers. 600-1,000 lbs., [email protected]: good cows, all weights. $2.75#3.25. Calves—Receipts. 200; market active and steadv; prices mostly unchanged; choice to prime. $7.50# 8'; choice to good. $7#7.50. Sheep—Receipts, 1,600: market advanced 25c on good demand: choice wethers. 52.5003.25: medium to good. $1.50# 2: choice spring lambs $6.50 07; good to choice. 56#6.50: medium to good, ss#'6; cull and common. S2#s Hogs—Receipts. 1.300; market 25c lower on restricted demand: all sold: heavies. s4# 4.35; choice butchers. 220-250 lbs., $4 35# 4.50- light butchers. 180-210 lbs.. $4 50choice Yorkers. 150-180 lbs.. 54.50; stags' S2O 2.25; pigs. $4. • EAST BUFFALO. Oct. 24—Hogs—Receipts, 1.700: scarcely enough done to establish market; scattered sales 5 to 15 cents under yesterday's average: desirable 170 to 200 lbs.. $4.80#4.85; asking up to $5 on weights above 210 lbs.; few 120 !b. selections. $4.40. Cattle—Receipts. 150: mostly steady; common grass steers, $3.50 #4; cutter grade cows, $1.25# 2. Calves— Receipts. 25: vealers unchanged: $8 down. Sheep—Receipts. 500; lambs, steady; good to choice ewes and wethers 90 lbs', down. $7 to mainly $7.25: medium kind and fat bucks. $6®6.25; throwouts, $54?5.25. EAST ST. LOUIS. 111.. Oct. 24.—Hogs— Receipts. 11,000. including 1,200 through an indirect market, slow; 20 to 25 cents, lower; extreme top, $4.35; bulk 160 to 220 lbs., early $4.25#4.30; mostly, $4.25; 140 to 160 lbs., $4 15#4.25; no pigs sold sows, S3O 3.50. Cattle—Receipts. * 500: calves. 2,000; market supply mostly steers in good flesh; no early sales; mixed yearlings and heifers opened steady; cows steady to strong; bulls unchanged: vealers 25 cents higher, mixed yearlings and heifers largely s4# 5.75: beef cows. $2 0 2.50 low cutters, $101.25; top sausage bulls. $2.60: top vealers. $6.75: slaughter steers. 550 to 1.100 lbs., good and choice. $5 250 6 50; common and medium. $2.750 5 50: 1.100 'o 1.500 lbs . choice $5.50#6 good. $54/5.75: medium $3.7505.25. Sheep—Receipts. 2.000; market not yet established; asking higher for lambs few choice to city butchers s'esdv with early Monday at $6 75; indications steady on throwouts and sheep iambs. 90 lbs. down, good and choice. SBO 6.75; common and medium. $3.500 6; yearling wethers, 90 to 110 lbs. good arid choice s4#s: ewes. 90 to 150 lbs., good and choice, $1.50 #2 75; all weights common and medium. $lO 2. FT. WAYNE. Oct. 24 —Hogs—Market. 20c down: 220-225 lbs . $4 20: 160-200 lbs . $4 10: 225-250 lbs.. $4.10 : 250-275 lbs.. $4. 275-300 lbs.. $3.90; 300-350 lbs.. $3.65: 150-160 lbs.. $3.95: 140-150 lbs.. $3.70; 130-140 lbs.. $3.45; 100-130 lb*.. $3.25; roughs, $3; stags, $2. Calves. $7; lambs, $6.50.

—Today and Tomorrow Failure to Control the American Dollar Has Led to Difficulties in NRA Program Completion. BY WALTER LIPPMAXN

IT has been evident since the end of June that in failing to assume control of the value of the dollar in terms of gold and of sterling the administration was running into serious difficulties. During the London conference the President refused to stabilize the dollar by international agreement; the manner of his refusal, involving as it did an apparent unwillingness to take any positive action even of a domestic character to control the dollar, brought about a wild speculation in commodities and cur-

rencies which collapsed in the middle of July. The world saw that we had a currency that was neither anchored to gold nor managed by anybody. The dollar had been turned over to international speculation. These conditions played a decisive part in the misdirection of energy in the first phase of the NRA and led us into the uncomfortable position we are now in; agricultural and raw material prices fell, as the uncontrolled dollar threatened to rise in terms of sterling and gold, prices of manufacturers rose under the pressure of the NRA. Our economy which, iri the spring, had been tending to regain its balance as the prices of raw materials rose and prices of finished goods stood still, was being thrown out of the balance. The farm discontent was one symptom of the trouble; the anxiety of manufacturers, confronted with rising costs without adequate increase of volume, was the other symptom.

Within the last month it has been plain to even’ observer that the dollar could not be allowed to drift any longer. On the necessity of taking conrtrol of the dollar there was general agreement. About the manner in which control of the dollar should be taken there have been

and are wide differences of opinion. But even here there has been more agreement than would have appeared from the ardent statements of “inflationists” and anti-infla-tionists." For it has been clear that a sudden return to the fixed j gold standard and to a fixed rate of exchange was impracticable, a a a NOBODY knows enough or could know 7 enough to name the new | gold content or the new parity. They have to be discovered by trial and error, or, if you like, by adjustment and experience. It that the next necessary step w’as to set up machinery, similar to the British equalization fund, by which the gold and the exchange value of the dollar could be manipulated and directed with a view of finding the most satisfactory point. On this there have been no serious differences of opinion. Now the device which the President has adopted is, if I understand it, essentially an equalization fund. The government, through the Reconstruction Finance Corporation, is to buy and sell gold in the w'orld market, as in substance the British have been doing, as the French did under Poincare when they were working their way toward the stabilization of the franc. Where the President’s plan appears to differ most from the procedure of Britain and France is in its bold disclosure of the purpose he has in view. The British and the French also had purposes; they did not announce them from the housetops. But M. Poincare deliberately chose a level tor the franc, which drastically relieved the burden of the French internal debt; he could, had he chosen, have valued the franc higher than he did. He did not choose to do so. The British, too, have had a purpose. They have aimed to reduce the external value of sterling and then to steady it. Being industrial exporters they have not wanted to raise their internal prices, but to reduce the cost of their exports in foreign markets. So we need not assume too excitedly that the United States is embarked on a policy the like of which was never known on land or sea. B U 8 Nevertheless, it must be admitted that, though the device and the purposes are not nearly so strange as they look, the manner of the President in adopting them and announcing them may have important consequences. The British and the French did what they did, quietly, step by step, and in constant consultation with the financial markets. Mr. Roosevelt has acted abruptly and, it would seem, without taking the trouble to educate the markets so that they may know how to cooperate with him. This may have the political virtue of demonstrating his dissociation from Wall street. It has the practical disadvantage that it will make the necessary support of Wall street more difficult to obtain, and furthermore that it may produce speculative movements based on ignorance, fear or hysteria, which only would confuse the working out of the policy. Nevertheless the most important thing to fix in mind immediately is that, whatever may be our theoretical opinions about money, some such system for controlling the dollar is, judging by foreign experience, a necessary step. But of course, there is more to the President’s plan than that. He has committed himself to the theory that he can manage the dollar to bring about the price level he desires. As to that, we shall see what we shall see. It can be said, too, I think, that for our particular malady, which is the disparity of the prices of raw materials, compared with finished goods, a manipulation of the price of gold may be quite effective'.Jhere is no good reason for letting fear distort a sober effort to make the experiment successful. But it must be obvious that the whole fate of the experiment depends upon the wisdom of those who administer it. (Copyright, 1933) OLD SAILING VESSEL STILL PLOWS WAVES Famous Three-Master Off on New Ocean Ventures. By United Press OAKLAND. Cal., Oct. 27.—Attempt after attempt has been made recently to sound "taps” for the Star of Alaska, famous old sailing ship—-three-masted and squared rigged on all masts —but they have been unsuccessful. The Star of Alaska was formerly the British ship, Balclutha, and was built in Glasgow in 1885. Under commarki of Captain Mortensen she made the fastest run in sailing ships’ history between San Francisco and Bristol bay. After a period of activity in service of the Alaska Packers Company, the Star was allowed to gather barnacles in port here. Recently the ship gained anew lease on life when she was purchased by Frank G. Kissinger of Los Angeles. Kissinger plans to convert the vessel into a sailing aquarium, proposing to sail the Pacific and Caribbean, catching and preserving unusual specimens of marine life. A violet amethyst vibrates at the rate of 750 trillions of vibrations per •e® oo4 „ .

rC-/ fc.v** 's.— • 2 *■' ■ I -jt*

Lippmann

7TSQDK 8Y BRUCt CATTQN Kingdom coming,” by Roark Bradford, is one of the most appealing and completely beautiful of all the novels written about the Civil war. The story begins more than a decade before the war, when Messenger. Negro slave; Crim, his wife, and Telegram, their little son, are being transferred from their owner’s New Orleans home to his Red river plantation. It is Telegram’s growing aware- j ness and understanding of the life about him that gives us our picture ; of slave life. It was an odd life, hard to char- j acterize in a few words; by turns: brutal and kindly, heedless and ’ thoughtful, a tapestry of sunlight, melody and laughter on a background of resigned misery. All the slaves dream of freedom; some try the underground railway at the risk of their necks; others, buying their freedom out of their j savings, stay right on the plantation. And underneath It all is the unspoken conviction that real freedom can only come with death when a black coachman can drive God’s carriage down golden streets and the earth's disinherited enter their kingdom beyond the sky. This conviction remains when the war comes. The slaves never quite believe that the men in blue are going to free them. Freedom is a dream, the substance of things not seen. It can’t come on this earth. The pld plantation life is broken up; that the freedom which follows northern triumph is only a mockery does not surprise these Negroes. Their deepest belief is that to find their lives they must lose them. It is a long time since I have read so tenderly and sympathetically lovely a book as this. To my notion it might well be the 1933 Pulitzer prize novel. Harpers is the publisher; the price is $2.50.

Retail Coal Prices

The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. DOMESTIC RETAIL PRICES Indiana No. 4 and 6 lump. $5.75: egg $5.50; mine run. $5.25. Indiana No. 5, lump. $5.50;-egg, $5.25; mine run. $5. Glendora, lump and egg. $6.25. Brazil Block, lump and egg, $6. RETAIL STEAM PRICES % Pocahontas lump, $5.75; egg. $5.50; nut and pea, $5.75; mine run. $5.95. West Virginia lump, $5.75; egg, nut, pea, and mine run, $5.50. Kentucky, lump, $5.75; egg, nut, pea and mine run, $5.50. Indiana No. 4 and 6, lump, $5; egg, $4.60; nut and mine run, $4.50. Coke, truck or wagon load lots, egg, and nut. $7.50; pea. $5.50. Coke, less than truck or wagon load lots, egg and nut, $8.50: pea. $6.75. Other Livestock BY UNITED PRESS ° ct - —Hogs—Receipts, 800; holdovers, 800; mostly 10c lowermainly $4.90_ for 160-220-lb. weights; 2202ao ibs.. $4.65® 4.90; heavier weights scarcequotable up to $4.65 for 250 lbs. up; 150 lbs. down including pigs, $4®4.50: packing sows, $3.50® 4. Cattle—Receipts, 5n- marP ood bpef steers - eligible at $U25®5 C alves—Receipts, 10O; market, #nn s L S8 - Sheep—Receipts. i 11 ?! ,et. 2c higher; closely sorted 75 ” ) - * a . n J bs - $7 25; medium. s4® 5; nPi=‘fi. down *?. $2 50: aged wethers up to $3 quality considered, ewes, $125. LOUISVILLE, Oct. 24.—Cattle—Receipts, 250; mostly steady on all classes; c°"l?on to medium, grass steers and nfinfihl. *? 7 \f 3 -n 5 i. b t St * ed lightweights able tc> ; better bulk beef cows. $1.75® 2.50. low cutters and cutters. 75c® 7.25; sausage bulls. $2.50 down; native Stockers and feeders, mostly s2® 3: Hereford heifer stock calves mostly $4.50. C al ;;f,?-Hereipts, 225 steady; bulk better vealers, $5(13.50; strictly choice. $6- medium and lower grades, $4.50 down. Hogs— ? ce 'l 1 - ts -,i >00: 15c lower: 180-235 lbs $4 45; 240-270 lbs.. $4; 280 lbs. up, $3 75- 14083 65 ' 135 lbs - d own. $1.9*.-a'sows. s b ss: sheep, steady; mostly $3.50®6 for medium to good lambs: bucks mainly 400®5; throw-outs, $3 50; cuils down to $2.50; bulk fat ewes. Sl®2 Receipts yesterday, cat'le, 865: calves, ' 406*iOgs. 1,001; sheep. 237, Shipments yesterday. cattle. 116: calves. 220; hogs. 265. CHICAGO FRUIT MARKET By United Preen CHICAGO, Oct. 24.—Apples—Michigan Jonathans bushel, $1.15® 125. delicious bushel, $1 35; pears—Michigan Keifers bushel sl. Egg-Plants; Michigan. 50® 75c; Illinois, 2o® 50c. Spinach—Ohio, 35 4' 40c. 10 lb. baskets. Beans—lllinois green $1.50® 2 bushel. Cabbage—Wisconsin 90c ®sl crate. Tomatoes—Michigan. 20®30c 12-quart. Grapes—Michigan. 28® 30c, 12 quart. Peaches—California, 90c® $1.15 box. Onion Market—ldaho and Washington— Valentias bushel, Yellows bushel. 65?70c. Indiana—Yellows bushel, 65®70c. Illinois—Yellows bushel. 65,® 70c NEW BRANCH OPENS T. P. Burge & Cos. Establishes Office in Ft. Wayne. Formal opening of new offices in Ft. Wayne by T. P. Burge & Cos., Inc., Indianapolis investment security dealers, was announced here today by T. P. Burge, president. The new branch will be established in the Lincoln Bank Tower, Ft Wayne, and will be headed by Neil M. Wirls, local manager. In commenting on the new office, Mr. Burke stated, “due to the increasing business in that territory anew office was necessary 7 to provide service for new clients.” The company maintains one of the largest statistical departments in the middle-west, and has supplied the Indiana investing public with information on securities since its establishment in 193 L

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PROFIT-TAKING SENDS WHEAT PRICESJ.OWER Traders Await New Action in European Situation: Liverpool Down. BY HARMAN W. NICHOLS Unitcfl Trrs* Financial Writer CHICAGO. Oct. 24—Wheat sold off fractionally at the opening on tthe Board of Trade today, while corn and oats were steady. The tip was attributed to profit-taking after the recent bulge. Wheat at the outset was down 4 cent to cent a bushel: corn, unchanged to % cent down; oats, up 4 cent to off % cent. Trading was orderly, and there was an attitude of caution because of the uncertainties in the European situation. Liverpool opened lower on the French difficulties. Trades were looking for an advancing trend with the government launched on a campaign to raise commodity prices. Following the 19cent rise from the recent low point, wheat traders were disposed to be cautious but potential feeling appeared limited. Com was stronger with wheat and yesterday advanced around 3 cents over the previous close. Oats, too. was higher, up nearly the limit for one day, 3 cents. Chicago Primary Receipts —Oct. 23 —Bushels—- . Today. Last week Wheat 4 798 000 627.000 Corn 637.000 1.623.000 Oats 87 000 198.000 Chicago Futures Range —Oct. 24 WHEAT— prev. High. Low. 10:00. close. Dec 86% 84% .85% .86'* May .89% 87% .87% .89 July .86% .85% .85% ,87 CORN— Dec .46 45 .45% .45% May ,52V* .51% .51% .52% July .54 .53% .53% .54 Dec. May .38% .37% .37% .38% July 35% .34% .35 .35% RYE— Dec. 56% 55% .56 .56% May 63'/* .62 .62% .63 July 63% BARLEY— Dec .48 47 .47 .47 May 53% .52% .52% .52% July 53% ST. LOUIS. Oct 23 —Cash grain: Wheat —ln good demand, 3%c higher; No. 2 red winter. 89c. nominal: No. 3 red. 38c; No. 2 red garlicky. 87c; hard wheat. 3%c higher; No. 1 hard, 88c: No. 2 hard. 87%c; No 1 mixed. 87%c; sample grade mixed, 75%c. Corn—ln good demand. 1%#20 higher; No. 2 yellow. 44%#45c; No. 3 yellow. 44#44%c; No 6 yellow. 37#38c. Oats -*~ln fair demand, nominal 2%#3c higher; No. 2 white. 36@36%c. nominal; No. 4 cereal white. 33c CHICAGO CASH GRAIN By United Press CHICAGO. Oct 23.—Grain close: Wheat —No. 1 hard weevilv and mustv, 82c. Corn (old)—No. 2 mixed, 43%#43%c; No. 1 yellow. 45c: No. 2 yellow, 43%#45%c, No. 3 yellow. 42%# 43%c: No. 4 yellow. 41# 43c: No. 5 yellow, 41c; No. 6 yellow. 40#40%c No. 1 white, 44c; No. 2 white. 43%#45c: No. 6 white. 40c; sample grade. 35%@ 36'ic; (new) No. 4 mixed. 38%c; No. 3 yellow, 40%@42%c; No 3 white. 41 %c; No. 5 white, 38c. Oats—No. 2 white. 36#36%c: No 3 white. 34%#35%c Bariev—4o®6Bc. Timothy—ss.7s# 6.25. Cloversoed—s9.so® 12. Cash—Provisions; Lard $5 20; loose $5; leaf. $4.87; D. S. bellies. $4.75. INDIANAPOLIS WAGON WHEAT City grain e,evators are paynng 76 cent* for No. 2 sort rea wneat. otner grade* on their merits.

Bright Spots

By United Press William Wrigley Jr. Company reports third quarter net profit of $2,055,614, against $1,701,489 in similar 1932 period. Union Carbide and Carbon Corporation earns third quarter net income of $4,603,662, against sl,984,917 in like period last year. Gannett Company, Inc., reports net income for first nine months of 1933 of $859,906 against $778,662 in like 1932 period. International Cement Corporation reports September quarter net income of $30,236 against net loss of $519,424 in similar 1932 months. Artloom Corporation earns third quarter net income of $92,359, against net loss of $56,910 in corresponding period last year.

Foreign Exchange

—Oct. 13Sterling, England $ Franc, France ,0563'/ 2 Lira, Italy 0760 Vi Belgas, Belgium .2007 Mars, Germany ,343a Guilder. Holland .5808 Peseta, Spain 1207 Krone, Norway 2336 Krone. Denmark * .2070 BACK BROKEAHN - CRASH Greencastle Man in Hospital Here With Serious Injuries. William Shull, 49, Greencastle, is in a serious condition today at Long hospital with a broken back incurred yesterday in an automobile accident near his home. In the Air Weather conditions at 9 a. m.: Southwest wind. 17 miles an hour; temperature. 47; barometric pressure, 29.94 at sea level; general conditions, high overcast, lower broken clouds; ceiling unlimited; visibility, 7 miles. Plumbing Permits E M Hardin. 652 North Oakland, three fixtures. P Wlnsaw. 106 North Belmont, two fixtures. Ritter Avenue Plumbing Company. 402 North Drexei. two fixtures. Strong Brothers. Alabama and McCarty streets, 143 fixtures. John Florence. 1048 Gross, three fixtures. NEW YORK COFFEE FUTURES —Oct. 13— SANTOS High. Low. Close. January _ 7 68 March 800 788 7^93 May 8.07 796 7.96 July 812 7.97 7.99 September g 17 December 793 7.80 784 RIO March 554 551 5.53 May 570 555 5.59 July 5.65 September . . 570 December . 5.50 543 543 TOO LATE TO CLASSIFY ~ 46 Trucks, Trailers, Tractors. We Appreciate Your Patronage Our October Opportunity Sale Has been a success and if you have taken advantage of our reduced pnces—you saved mcney. One Special O. M C. 1932. l'j-’on rebuilt and reflnlshed complete on 750x20 tires, dual rear; brand new factory built body; P. F. rear axle. S6OO. > Many Others Trucks. Tractors, Trailers. GENERAL MOTORS USED TRUCK DKPTI H. SANDYS. LI-7467.