Indianapolis Times, Volume 45, Number 149, Indianapolis, Marion County, 1 November 1933 — Page 11

NOV. 1, 1933

Wall Street-

Investment Bankers Strive for Common Ground Between Public Needs and Restrictions on Flotations. By RALPH HENDERSHOT

Timti Special Financial Writer HOT SPRINGS. Va„ Nov. I.—Several hundred investment bankers trom all over the countiy are gathered here in convention. They are scheduled to speak on and discuss several subjects pertaining to their business, but only one is really commanding their attention—the new securities act. The act is hurting their business seriously. In fact, many claim that, unless it is amended in some respects, they will be obliged to close up shop. Officially, the bankers are doing their best to act sensibly

about it, hoping to secure the necessary modifications in the next session of congress. Under the surface, however, they are very much worried. Some are inclined to speak harshly of the administration. It is expected that an attempt will be made at this convention to reach a common ground between public needs and demands and regulations which do not interfere with the normal flow of investment funds to industry. From all indications this will be a very wide gap to bridge for the reason that the bankers seem unable to get the public point of view or. in fact, to grant that the public has any special rights in the matter. a a a Gordon Critical of Regulation Frank M. Gordon, president of the Investment Bankers' Association of America, which is sponsoring the convention, is inclined to be critical of the regulatory attempts. He doubts that any new laws are needed. His suggestions are:

BLfcA.. k ■

Ralph Hendershot

"1. Stop trying to legislate against ‘frauds’ which in fact do not exist. 2 Let us hold our consideration to actualities and discard the exaggerated headline estimates of the catch-phrase artist. ‘ 3 We should bear in mind that laws are not self-enforcing and that improved results may be had more through increased facilities for applying the provisions now existing than by adding new provisions. ' ' 4. Clearly the public must learn to assume some of the normal responsibilities that are entailed by the ownership of money and any other form of property and not presume that the state can supply a full measure of common sense to every investor. "5 Improve the facilities for applying the policing powers granted under all these laws through added personnel, if needed, to the end of prompt and vigorous activity when and where fraud is evident or strongly suspected.” a a a Adheres to “Caveat Emptor” Obviously, Mr. Gordon holds to the old theory of letting the buyer beware. President Roosevelt has other ideas. Mr. Roosevelt appears to be well backed by public opinion. And, because of the opposing viewpoints, it would appear that investment bankers who share Mr Gordon’s ideas will be of little help in revising the securities act. assuming thev were given the opportunity.

New York Stocks (By Abbott. Hoppin M Cos.) ■"

—Nov. 1— Prev. Oil*— High. Do w. 10:30. close Amerada 41% At! Rig ... 29 28% Barn.stiall 7% 8 Consol Oil 10‘/ 10% Cont. of Del 16% Houston (new).. .. 4% Mid Coat Pet 11V* 11 % Olno Oil ... 14*4 13% PC Corp .4. . 10 Phillip* Pet ~, 14 14 Pure Oil ... 10% Roval Dutch ... .. 34% Sbd Oil ... 32% 32*4 Shell Un 7*4 Simms Pet S’, gSkellev Oil .. . . 7 J 4 oc Vac 10% 10% S O of Cal 38% 38 38 38’a S O of Kan 33 7 * S O of N J 40>, 40 S Sun Oil 23% 23'/, 23 7 , 23% Tidewater Assn 9% Un Oil of Cal 18% Steels— Am Roll Mills 14% Beth Steel 27% Bvers AM 19% 20 Col Fuel Ac Iron .. ... ... 4% Cruc Steel 14% Gulf Sts Steel 1914 . . Inland Steel 30 Ludlum Steel j] v McKeesport Tin 75 Natl Steel ... . 35% Rep Iron A; Stl 11 % II <4 Up, 11'a Rep I Ac Stl pfd .. ... 23 U S Smelt. 95 1 4 94 1 2 95% 93 % Vanadium ... 16% 17c Mid Steel ... ... ]o‘. U. S Pipe Ac Fdy .. ... ... 13 u S Steel 38 7 b 36% 36% 36% U S Steel pfd ... 76% 77 1 2 Youngfitn SAc T “ 15% Ra ils— Atchison ... 4414 45 Atl Cst Line ... ... 27% BAc O 21% 21% Can Pac ... ... 12% Ch * Ohio .... 38% 38 38% 38% Chi Ac Gt W ... . . 3 C M Ac St P 4% C M Ac St P pfd. ... 7% 7 Pela Ac Hud 46 Erie 14 13% Grt Northern 16 15% 16 16% 111 Central . . ... 23% Lou Ac Nash 38% M K Ac T 7% Mo Pac ... 4 Mo Pac pfd ... 4% 4 5 i N Y Cent 29% 28% 28% 29% N Y C Ac St L "pf . .. .. 16 N Y New Haven 14% 14% 14% 14% N Y Ont Ac Wes. .. ... ... 7’ 4 Nor Pac 18 Penn R R . . 25 Sou Pac 17% 17% 17‘4 18 Sou R R ... ... 19 Sou R R pfd ... 20'2 Union Pac ... ... 104% Wabash ... ... 2%

s*so-30 PER Ov/= MONTH Compare This 16 Months Finance S4OO Balance New Ferris, Chevrolets, Piymouths THIS INCLUDES Liability, Property Damage, Fire. Theft. Tornado and §50.00 Deductible Collision INSURANCE APPEL INCORPORATED 247 N. Penn. St. Lincoln 7491

OFFICE SPACE

i The available vacancies in the several office buildings under our management offer a full range in price, size and type of office space KLEIN & KUHN Inc. Property Management LINCOLN 3545

Motors— Auburn , 5 Chrysler 39% '39 '39% 39% Gen Motors .... 26 25% 26 25% Graham Mot Hudson *” * q,* Hlipp ’ 07/ ,3"* Mack Truck .... “ I” Nash * .. •" j 2, a Packard "iv. 4s s Ueo * . * j Studebaker 4 ‘ Yellow Truck ... ~ ... 4 Motor Access— Beridix „ ... 11s/, 1,54 Bohn Alum .... „ ~, 413“ Borg Warner ... „ ... , " 14 3 /4 Budd Wheel 3 Elec Auto Lite ’’ 133, Murray Body 41, Timken Rol 24% Mining— Alaska Jun 26% 26 26% 255/, Am Smelt 43Vs 42 43% 41=8 Anaconda 13% 13% 133/. 133. Cal * Hecla 412 Cerro De Pasco. 34% 33>i 33% 32% Granby ~ o ? Gt Nor Ore ." 93“ Homestake Min 352 349 Howe Sound ... 28*4 28V* Ins Copper 5 Int Nickel . 19% 19 19% 18% Isl Creek Coal . 23% Kennecott Cop . 20% 20 '26 19% Noranda Cop 33% 33% Phelps Dodge 15 151 8 Tobaccos— Am Tobacco A 70% 70 Am Tobacco B. .. ... 71% 72% Gen Cigar 29 Ligg Sc Myers B 84 83% Lorrillard 171. Reynolds Tob B. .. ... 44 441. Equipments— Allis Chalmers ... ... ... 147 Am Car & Fdy .’. 20% Am Loco 23 Am Mach & Fdy .. ... .'i3% 13% Am Steel Fdy ... .. 155* Bald Loco ... io 93 Burroughs *. 1 i23 4 Case J 1 63% 62% Cater Tract 19 Congoleum . . . 21% 21% 2i% 21 Elec Stor Bat . 391/ Foster Wheeler ... 133,. Gen Am Tk Car. .. ... ... 28% Gen Elec 1734 273, Gen R R Sig 281, Ingsol Rand . 5034 Int Bus Mach ... " 12<U. Int Harvester .... ... 35% Kelvinator " | 93, Lou G & E A !.' 14.% Nat Pwr & Lit 10% 10% North Amer 15% y Pac G&E .. . 17% is Pub Serv N J.. 35% 34% 35% 35% So Cal Edison .. i Sid Gas 9 Ss. Std Gas pfd ... ... gi" United Corp ... 5% s is Un Gas Imp 16% 16% Ut Pwr & Lit A 31“ Western Union 4*3. Rubbers— Firestone 18 ig Goodrich ... ps, ps Goodyear 31 297. U S Rubber . 141“ U S Rubber pfd. .. . . 22% 22% Kel Spring <>% Natl Cash Reg.. .. ... ... 14 Proc & Gamble ... 33 Pullman Inc ... ... , 42% Simmons Bed ..Y. ... 151.7 Und Elliot 22% West Air B '23% Westingh Elec ”* 7177 Am & For Pwr 8 8 Am Power * Lit. . . 71. 71. AT & T 111 H 111% 111 % m% Am Wat Wks is 131, Col Gas & Elec. 11% 1134 11% pr Com A* Sou 2 2% Consol Gas 39% 39% 39% 391., Elec Pwr & Lit 53. 537 Int Hvdro Elec. ... n% 11 Int T & T ... ii3. Amusements— , Crosley Radio.... ... in Fox Thea 14% Loews Inc . '97 i Radio Corp ’. gi_ RKO .... " ® Warner 8r05.... 6% 6% 6 U Foods— - Ain Sugar .97 Armour (At. . Ijy’ Beatrice Creamy ” *" Borden Prod 21% 21% ’ois. ij * Can Dry G Ale. .. 18 it, Corn Prod . s8 * SJ®, Crm of Wheat.. " 'B7l/ Gen Foods ii? ?,% Gold Dust 34 1 3 2% Loose Wiles ... 34 34 Natl Biscuit *'* %; v 3'% Natl D Prod * 4 44 i S Porto Rice S. .. 14 J3% Std Brands . . '" 39% United Fruit "* - z 2 22 Retail Stores— "• •>'% Best A Cos Gimoel Bros ... "', 21% Gr Un Tea .... .. "’ 4 3 % Hahn Dept Sts. 4 Kresge s S , 4 ’ Kroger Groc Macv R H May Depr St . . 25% 25 2s os: s Mont Ward .... 17% K3„ 2 Penny J c * i,, 4 Safeway St ... . * i 5 2 Sears Roebuck 36% 36% '36% 35% Woolworth or, ,2,* Aviation— 36 4 36 Aviation Corp .. T 7 fi 7 Douglass Air 1037 -iS* 8 Curtiss Wright. .. ” 2, 4 Curtis* Wright A .. "4 Nor Am Av 45. ,3 United Aircraft.. .. ' 07 90-* Chemicals— ‘ 46 * Air Reduction q Allied Chem Am Com Alcohol .. 49 40 ' Cos! Carbon Com Solvents . 31% 31% 'ji% 31:, DU Pont 74% 74% 74% 73% Freeport Tex - 401? Liquid Carb . ->2% Northern Alkali 353. 73:, Tex Gulf Sulph 37 Union Carbide . 38 37’, 38 37.1; r S In Alcohol. . 63 sw, Natl Dist . 8982% 89 87% Drugs— Cotv Inc 33 ~ Lambert lehn A* Fink ’ ’ jg Zonite Pnd ... ... 5s Financial— Adams Exp • .. -• Allegheny Corp 3% 31 8 Chesa Corp 311 3n i Transairerlca 31. j: Tr Conti Corp.. .. ... ... 4: Building— Am Radiator ... 11% 11% n% us Gen Asphalt . ‘ 14 Johns ManviUe 47% 47 47% 46% libbv Owens G'.s 27 ON* Ev 13% 12s, men Const 2% 2% Miscellaneous— Am Bank Note.. . . . pi. Arr. Can 87% 87% 87 3 4 87 Anchor Cap . ... is% Brklvn Man Tr. 27 Conti Can 63% 62% 63% 62% Eastman Kodak 70% 71 Owens Bottle 71 Gillette 11 10% Glidder 15 ,4% Indus Ravon 674, 67% Inter Ranid Tr 8% Real Silk Hose. .. 9% i

UNEVEN ACTION MARKS DEALS IN STOCK LIST Traders Still Hesitant Over Confused Monetary Situation.

Average Stock Prices

Average of thirty industrials for Tuesday. Hnzh 89 44. low 86.50. last 88.16. off 27. average of twenty rails, 36 53. 35.43. 35 94. off .15; average of twenty utilities 23 38. 22 75 23 08, on .28. average of forty bonds. 82.59, off 31. BY MAX BUCKINGHAM l nited Press Financial Writer NEW YORK, Nov. I.—The stock market opened irregularly higher today with trading dull. The disposition of traders to maintain sideline positions in the present confused situation in the monetary markets, again was reflected. Withi in five minutes tickers had caught j up with overnight orders and the tape came out slowly. Overnight announcement of U. S. Steel’s declaration of a 50 cents dividend on the preferred stock and a reduction by six millions in the quarterly losses, was offset by continuing depressing news from the industry. Cotton opened about steady. Opening stock market quotations mostly were confined to fractional changes although U. S. Smelting and J. I. Case managed to show more than a point gain while Chesapeake & Ohio lost a point. U. S. Steel was unchanged at the opening at 36% while American Telephone dropped % to a point to 11 1 2. American Can gained % to 874. Gold mining shares were steady to fractionally higher as were most others in the mining group. Oils j were easier. Communications shares showed J fractional gains but utilities were! a little easier. Most of the rails I were off slightly. Repeal stocks had a little support at the opening.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 1— Clearings $1,672,000.00 Debits 4.762.000.00 TREASURY STATEMENT -Nov. 1— Net balance for Oct. 30 $907 130 269 22 Misc. int. rev. repts 7.640!250!57 Customs rpts. (mo. to date) 31,213,722 12

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Oct. 31Bid. Ask. 4s Nov. 1, 1957-37 85% 86% 4s May 1, 1958-38 85% 86% 4%s July 1, 1950-36 86% 87% 4%s Jan. 1. 1957-37 86% 87% 4>is May 1, 1957-37 86% 87% 4%s Nov. 1, 1958-38 86% 87% 4%s Dec. 1, 1933-32 100'4 100% 4 1 as May 1, 1942-32 91% 92% 4%s Jan. 1, 1943-33 91% 92% 4%s aJn. 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 91% 92% 4%s Jail. 1. 1954-34 . t 91% 92% 43,s July 1, 1954-34 91% 921' 5s May 1, 1941-31 96% 97% 5s Nov. 1, 1941-31 96% 97% Home Loan 4s, July 1, 1951 .. 84% 85%

Daily Price Index

By I'nited Press NEW YORK, Oct. 31.—Dun & Bradstreet s daily weighted price index of thirtv basic commodities, compiled for the United Press: (1930-1932 Average. 100) Today 100.28 Yesterday 101 14 Week ago 100.22 Month aeo 101.62 Year ago 73.46 1933 High (July 181 113 52 1933 Low (Jan. 20) 67.36 Copyright. 1933. by Dun & Bradstreet, Inc.

In the Cotton Market

—Oct 31— CHICAGO High. Low. Close. January 9.63 9 58 9.63 March 9 81 9.71 9.76 May 9.96 9.86 9.93 July 10.03 10.00 10.00 December 9.58 9.49 9.55 NEW YORK January 9 61 9.52 9.61 March 9.77 9.65 9.73 May 9.89 9.79 9.87 July 10.00 9.90 10.00 December 9.57 9.44 9 53 NEW ORLEANS January 9 54 March 9.73 9.6i 9^o Mat' 9.82 9.75 9.82 July 9.95 9.91 9.95 December 9.49 949 9 47

Foreign Exchange

(By Abbott. Hoppin Sc Cos.) —Oct. 31— Sterling England *54*76% Franc, France * Lira. Italy 9790 Belgies, Belgium 7105 Mark. Germany Guilder. Holland 0694 Peseta. Spain i®!£ Krone. Norway ijno Krone, Denmark 213? New York Curb IBy Abbotp Hojppin & Cos.) Al l nm d o MiU ?% ' C Gulf on of Pa C 47% Alu.n Cos of Am 52 Hiram Walker 37% Am Cvanir.e B 9>, Hud Bav Min..' 9% Am Gas Sc El.. 22% Humble Oil . 85% et /°£ er 3 „ Imperial Oil Ltd 12% % Int Petrol .. . 13 Atlas Corp .... 10 Lake Shore Min 50® Brazil Tra Sc L 12% Massev Harris 31., British Am T 272 Natl Av q British Cefanese 3% Natl Bellas Hess 2% Can In Ale A. 14% Newmon? Ivn 47 Can Marc 2% Nia Hud Pwr ' 53. Carrier Corp.. 6% Novadel Agerjp. 45 Cities Serv .... 2U Pan Am Airwavs 42% Consol Gos Bal 53 Park Davis 20% Creole Petrol.. 10% Penn Road '" 2% Crown C Inti 5% Sal Creek Prod 5% Deere &Cos ... 28 Sherwin Wms.. 40% Distillers Lim. 19% Std of Ind., 23% Distillers Corp. 18% Std of Kv . ' 14% Ei Bond Sc Sh 15% Stutz Mts .. 7% Fisk Rubber.. 7% Teck Hughes G. 6 Ford of Can A 10% Un Gas 33, Ford of Europe 5% Un Pwr Sc Lt A 3% Gen Aviation.. 5 % Wright Harg M 8%

Investment Trust Shares

tßy Abbott. Hoppip & Cos.) —Oct. 31Bid Ask American Bank Stocks Corp . 75 87 American & General Sec A 514 625 Basic Industry Shares 2 75 British Type Inv Tr Sh 44 .50 Collateral Trustee Shares A. 400 437 Corporate Trust Shares (oldi. 1.94 2.00 Corporate Trust Shares (new I 2.04 208 Cumulative Trust Shares 3.60 370 Diversified Trust Shares A... 625 Du ersified Trust Shares 8.. 662 687 Diversified Trust Shares C... 270 282 Diversified Trust Shares D. . . 4.52 4.62 First Insurance Stock Corp... 130 1.40 First Common Stock Corp. .. so 1.07 Fixed Trust Oil Shares A.... 7 50 Fixed Trust Oil Shares B . 6.37 Investors Inc 15 75 16 12 Low Priced Shares 480 500 Mass Inv Trust Shares 16.25 17 50 Na'ion Wide Securities 288 294 North Am Tr Shares .53 ■ .. 163 North Am Tr Shares '55-56'. 2.07 2.11 Petroleum Trust Shares A.... 800 11 00 Selected American Shares... 230 Selected Cumulative Shares... 625 637 Selected Income Shares 320 330 Std Amer Trust Shares A.. 250 260 Trust Shares of America 265 275 Trustee Std Oil A 475 500 Trustee Std Oil B 430 445 U S Electric Lt & Pur A 11,00 11 50 Universal Trust Shares 267 2.73 NEW YORK RAW SUGAR FUTURES , High. Low. Close. January 1 29 March 1 33 1.30 1 33 Mar 1 38 1 36 1 37 Jhlv 1 44 1.42 1.44 September 1 48 1.46 1.48 December 1.29 1.26 1-29

THE INDIANAPOLIS TIMES

Bright Spots

By United Pres* United States Steel Corporation 1 declares regular quarterly dividend of 50 cents on preferred stock; seen vote of confidence in business. Inland Steel Company earns third quarter net profit of $623.612, again; t net loss of $768,588 in similar 1932 period. Archer-Daniels-Midland Company reports third quarter net profit of $364,302, against $206,163 in corresponding months last year. General Foods Corporation earns third quarter net profit of $3,236,296, against $2,450,047 in corresponding months of 1J32.

On Commission Row

—Nov. l Fruits Cranberries—Cape Cod early blacks. 25lb. box, $2. Grapes—California seedless, crate, $2.25; California Tokays, crate. $1.60: Ohio Concords, 12 2-quart baskets, $1.75; Michigan Concords. 12-quart basket, 35c; New York, 17-lb. basket, 60c. Melons—California Honeydews, (8-9-12s) $1 50; Persians (6s) per case, $2.50; Casabas 18s > per case $2. Pears—New York Bartletts (No. Is), per bushel. $2.25; Oregon Bartletts (135s 150s--168s), $3.50; Avacos, Fia„ 10s-16st, crate, $2. Bananas—Per pound, 54c. Apples—Wealthy, Wolf River, Grimes Golden Jonathan, Florida (46s to 80s>, $5.50 a bushel; fancy Jonathans. $2 a Box. Grapefruit— $1.40 V 1.60. Prunes—ldaho Italian, 16-lb. lugs, sl.lO. Oranges—California Valencias, $3.50® $4.25 a box. Lemons—(36os), $3.25; (4325). $5. Vegetables Cabbage—lndiana Dannish, 50-lb. bag, $1; Eastern Dannish. 50-lb. bag, $1.15. Onions—Utah Spanish, 50-lb. bag $1.35; j 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, $1.75. ! Beets—Home grown, dozen, 25c, bulk per i bushel, 85c. Carrots—Home grown, dozen, 35c; bulk, per bushel, sl. Cauliflower—Utah, (10s-lls-12s) crate, $1.50. Celery—Michigan Mammoth, bunch, 60c; medium bunch, 40c; hearts, 30c; 16 bunch flat crate, 85c. Lettuce—Home grown, 15-lb. basket, 60c; home grown, Endice, dozen, 40c; Iceberg, best 5s crate. $3.50 hothouse, 15-lb. basket 90c. Radishes—Buttons, Ohlos, dozen, ,60c; per 2 dozen basket, sl. Spinach, broadleaf, per bushel, 75c. Turnips, per bushel, 75c. Tomatoes—California, $2.25, 30-lb. basket hot house, sl.lO, 8-lb. basket. Potatoes—Northern Round White, 100-lb. bag, $1.50; R. R. Ohios. 100-lb. bag, $1.60; j 15-lb. bag. 33c; Wyoming triumphs, 100lb. bag, $2.10. Sweet Potatoes—lndiana Jerseys No. 1, hamper, $1.40; Nancy Halls, per bushel, $1.15.

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 Anthracite sl4 25 Coke, nut size 8 75 Coke, egg size 8.75 Indiana, forked lump 5 50® 5 75 Indiana, egg 5.25& 5.50 Indiana, mine run 4 75 Kentucky lump 700 Pocahontas lump 8.25 Pocahontas egg 8 25 Pocahontas forked lump 9.25 Pocahontas mine run 7.25 New River smokeless 8 25 West Virginia lump 6 75 West Virginia egg 6.50 Island Creek 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin.

Indianapolis Cash Grain

—Oct. 31— The bids for car lots cf grain at the call of the Indianapolis Board of Trade f. o. b.. shipping point, basis 41% New York rate, were: Wheat—Easy; No. 1 red. 82%®'83%c: No. 2 red. 81%®82%c; No. 2 hard. 81%®82%c Corn —Weak: No. 2 white. 39%®40%c; No. 3 white. 38%©39%c; No. 2 yellow. 37%®38%c; No. 3 yellow. 36%@37%c: NNo. 2 mixed, 36%@37%c: No. 3 mixed. 35 %® 36%c. Oats--Easy; No. 2 white. 32®33c; No. 3 white. 31 ©32c. Hav—Steadv: (F. o. b. country points taking 23%c or less rates to Cincinnati or Louisville). No. 1 timothy. $6®6.50; No. 2 timothy. $5.50®6. —lnspections Wheat—No. 2 red. 1 car; No. 1 hard. 1 cgr. Total. 2 cars. Corn —No. 2 white. 5 cars: No. 3 white, 5 cars: No. 4 white. 1 car; No. 5 white. 1 car: No. 2 yellow. 7 cars: No. 3 yellow. 17 cars: No. 4 yellow. 10 cars; No. 5 yellow. 8 cars; No. 6 yellow. 2 cars; sample yellow. 5 cars; No. 2 mixed. 1 cars. Total. 62 cars. Oats —No. 2 white. 5 cars: No. 3 white. 8 cars; No. 4 white. 1 car; sample white. 1 car. Total. 15 cars. Chicago Futures Range —Nov. 1— WHEAT— Prev. High. Low. 10:00. close. Dec 87% .85% .85% .85% May 89% .87% .88% .88% July 86% .84% .85% .85% CORN— Dec 44% .41% .42% .43 May 49% .47% .48% .49 July 51% .49% .50% 50’ 2 OATS Dec 33 .31% .31% .32% Mav 36 .34% .34% .35% July 33% .32% .33% .33% RYE— Dec 57 .55% .56 .56 Mav 63% .62% .62% .62% July 62% .60% .61 .61% BARLEY— Dec .46 .45% .45% .45 May 50% .50 .50 .49% July .. .. .50 % CHICAGO CASH GRAIN By T'nited Press CHICAGO. Oct. 31.—Cash close; Wheat —No. 1 dark northern, 89%c: No. 2 dark northern, 89%c; No. 2 red, 89 l c; No. 2 mixed, 87c. Corn (old) —No. 2 mixed. 42% ®43%c; No. 1 yellow. 43%c; No. 2 yellow, 43%®44c; No. 3 yellow, 42%®.43c; No. 4 yellow. 41%®' 41%c: No. 5 yellow, 40%c: No. 6 yellow, 38%®39%c; No. 2 white. 44 44%c; No. 3 white. 43c; No. 6 white, 40%c; sample grade white, 32®37c; (newi No. 4 mixed, 35%c; No. 3 yellow, 39%®40c; No. 4 yellow, 37%@38%c: No. 5 yellow, 34%®37%c; No. 3 white, 40%®40%c: No. 4 white. 39c: No. 5 white. 37c; new and old corn. No. 3 yellow. 41%c: No. 6 yellow, 37c. Oats—No. 2 white, 34%®3c; No. 3 white, 34© 34 %c: No. 4 white, 32c. Rye—No sales. Barley—4B @ 74c. Timothy—ss.7s® 6.25. Clover seed— slo® 12.75. Cash prof visions: Lard. $5.20; loose, $5.10; leaf $5.25; D. S. bellies. $5.12. ST. LOUIS CASH GRAIN By l 11 ited Press ST. LOUIS, Oct. 31.—Cash Grain: Wheat —ln fair demand, 1 to 2% cents lower on red and 3% cents lower on hard; No. 2 red. 89®91c; No. 3 red garlickv, 85c; No 2 hard. 88c; nominal. No. 5 hard 87c" Corn—ln fair demand, 1% to 3 cents lower; No. 2 yellow, 43%®45c: No. 3 yellow', 44c: No. 5 yellow, 43c. Oats—ln fair demand, nominally 2% to 3 cents lowerNo. 4 white, 34c; No. 2 mixed, 35c; sample mixed, 34c. NEW YORK CASH GRAIN Bis T tilled Press NEW YORK, Oct. 31.—Cash grain' Wheat—No. 2 red. $1.01%; No. 2 hard winter. $1.01%. Corn—No. 2 mixed. 44% Oats—No .3 white. 32%c All auotes C 1 F. New York. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 76 cents for No. 2 sort rea wneat. otner grade* on their merits. CHICAGO FRUIT MARKET By I niled Press CHICAGO. Nov. I.—Apples—Michigan Jonathans, $1®1.25; Baldwins. 85c® sl. Pears—Michigan and Illinois Kiefers. 90c® $1 bushel. Carrots—lllinois. %c bunch. Spinach—lllinois and Missouri, 50® 65c Beans—Southern green. SI ■'-r 1 75: Illinois green, .sc©sl. Cabbage—Wisconsin, 75c® $1 crate. Grapes—New York. 42®43c 12 quarts. Celery Michigan, 40® 50c. Mushrooms—lllinois. 15® 30c. Cucumbers— Southern. sl®2; central western, $1.50® Tomatoes—California. $1.40® 1.60 Onion market—ldaho—Washington Vaientiax. 75® 90c. Wisconsin—Yellows 65® (°c Indiana—Yellows. 65© 70c. Illinois rrX*, 1 ,°,s WS ' ® Midwestern whites. $1©1.15. NEW YORK COFFEE FUTURES —Oct. 31— SANTOS . High. Low. Close. January ... g 08 March 8 25 8 12 8 12 Mav 8 22 8 14 8.14 July 8 25 8.16 8.16 September 8 36 December 8.16 8 06 8 06 RIO January ... 5 77 March ... 5.83 Mav 596 5 88 5 88 July 5.94 September 6 00 December 5 85 5.75 5.75 Black is the worst color to have for the top of an automobile because of its heat-absorbing qualities. White is a good practical color because it reflects radiant heat but does not absorb it.

SWINE MARKET DISPLAYS EVEN TRADING RANGE Cattle Mostly Unchanged; Lambs Steady With Weak Undertone. Pork market displayed a steady trading range at the Union stockI yards this morning, with practically i all prices holding around yesterday's I average. Most all classes showed i slight action. The bulk, 160 to 300 pounds, sold for $3.90 to $4. Top i was $4.05. Heaviest kinds scaling 300 pounds and up were salable at $3.75 to $3.83, while 130 to 160 pounds brought j $3.50 to $3.85. Lightest grades | weighing 100 to 130 pounds were j selling at $3 to $3.25. Receipts : were estimated at 5,000; holdovers, I 276. i Light steers and she stock re- ! mained fully unchanged in the cattle market, with few initial steer sales largely at $5.15 to $5.85. Best light weights held about $6. Only little interest was evident in medium and heavy grade steers. Little change was displayed in veals, with most all grades selling at $6.50 down. Cattle receipts numbered 1,200; calves, 500. Lambs continued stationary, showing a week undertone. The bulk of ewe and wether grades sold at $6 to $6.50. Bucks were quoted at $5.50 down. Throwouts ranged down to $3.50. Receipts were 1,000. Asking on hogs at Chicago was slightly higher than yesterday’s average, with few 7 early bids and sales at $4.25 down. Initial top held at $4.30. Receipts were estimated at 21,000, including 10,000 directs; holdovers. 4.000. Cattle receipts numbered 8,500; calves, 1.500; market steady to strong. Sheep receipts were 12,000; market strong.

HOGS ! Oct. Bulk. Top. Receipts. 25. $4.25® 4.30 $4.30 6,000 26. 4.35@ 4.40 4.40 6,000 27. 4.35® 4.40 4.40 8,000 28. 4.35®, 4.40 4.40 3,000 30. 4.00® 4.10 4.15 10.000 31. 3.90@ 4.00 4.05 8,000 Nov. 1. 3.90® 4.00 4.05 5,000 Market, steady. (140-160) Good and choice....s 3.65® 3.85 —Light Weights—-(l6o-1801 Good and choice.... 3.95 (180-200) Good and choice.... 3.95 —Medium Weights—-(2oo-220) Good and choice.... 4 00® 4.05 (220-250) Good and choice.... 3.85® 4.00 —Heavy Weights—-(2so-350) Good and choice.... 3.90 (290-350) Good and choice.... 3.80® 3.90 —Packing Sows—(3so down) Good 3.35® 3.65 (350 upi Good 3.35(4 3.60 (All weights) medium 2.75® 3.25 —Slaughter Pigs—-(loo-130) Good and choice .. 3.00® 3.25 CATTLE Receipts, 1,200; market, steady. (1.050-1,100 > Good and choice $5.00® 6.25 Common and medium 3.00® 5.00 (1,100-1,5001-Good and choice 5.00® 6.00 Common and medium 4.00® 5.00 (650-750) — Good and choice 5.00® 6.25 Common and medium 2.75® 5.00 (750-900) — Good and choice 4.50® 6.00 Common and medium 2.50® 4.50 —Cows— Good 3.00® 3 50 Common and medium 1.85® 3.00 Low cutter and medium ... .. I.oo® 1.85 —Bulls (yearlings excluded I Good (becfl .. 250® 3.25 Cutter, common’and medium.. 1.50® 2.50 VEALERS Receipts, 500; market, steady. Good and choice .. .. $ 6.00® 6.50 Medium 4.00® 6.00 Cull and common 2.00&4 .00 —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, 1,000; market, steady. —Lamus-r (90 lbs. down) Gd. and choice.s 6.00® 6.50 (90 lbs. down) com. and med. 3.00® 6.00 —Ewes— Good and choice 1.75® 2.75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS LAFAYETTE, Nov. 1 .—Hogs—Market, steady; 200-250 lbs., $3.80® 3.90; 250-300 lbs.. $3.70© 3.75; 300-325 lbs., $3.60® 3.75; 130-150 lbs.. $3.25(1(3.45; 130 lbs. down, $3; roughs, $3.35 down; top calves, $5.50; top lambs, $6. CLEVELAND, Nov. I.—Cattle—Receipts 275; market steady In limited trade; lew held over; steers unchanged, ranging from $3,254/ 6.65, according to weights and grades; common to good heifers, $3®4.50; good cows, $2.75ru3.25. Calves Receipts. 300; market steady with bulk of sales made at $7; choice to prime, $7t07.50; choice to good, s6.so(ft 7; common. s3®s. Sheep— Receipts, 2,500; market has slightly lower undertone; finest spring iambs touch lowest level since last January at $6.50 top; choice spring lambs, $6.25(6 6.50: good to choice, $6(6 6.25; medium to good. $4.50® 5.50: common and cull, $2.50®4.50; choice wethers. $2.50®,3.25: choice ewes, $24/3. Hogs- j -*"\eipts. 1.000: renewed demand by eastern packers lifts hog prices 10® 15c to $4.25 all sold early; heavies, $4; choice butchers, s4® 4.25;* light butchers and choice yorkefs, $4.25; nigs, $3.50. EAST ST. LOUIS. 111., Nov. I.—Hogs Receipts. 6.500; market. 10c higher; top and bulk 160-250 lbs.. $4.10; few 140-160 lbs., $3.75® 4.05* 100-120 lbs., $3.25(63.50; bulk sows, $3®3.35. Cattle- Receipts, 3.500: calves, receipts, 1,500; market, steer run liberal; early trading slow with indications W’eak; other classes opened steady; two cars Oklahoma grass steers, $3.50; mixed yearlings and heifers, largely of a kind to sell from s4® 5.50; cows, $2.25®2.75; low cutters mostly $1.25® 1.50; top sausage bulls. $3 60; top vealers, $8: slaughter steers, 550-1.100 lbs., good and choice. $5.25® 6.25; common and medium, $2.75® 5.50; 1.1000-1,500 lbs., choice. $5.25® 6: good ss® 5.75; medium. $3.75 6 5.25. Sheep—Receipts, 1.500; market, not yet established; some interests talking steadv or mostly $6.25 down on fat lambs; manv held around 56.50 and above; lambs 90 lbs. down, good and choice, s6® 6.75; common and medium, $3.50®6: yearling wethers. 90-110 lbs., good and choice, S4®s: I ewes, 90-150 lbs., good and choice. $1.50® ■ 2.75: all weights common and medium. sl@2. FT. WAYNE. Nov. I.—Hogs—Steady; 200-225 lbs., $3.90; 160-200 lbs., $3.80; 225300 lbs., $3.80; 150-160 lbs., $3.65; 140-150 lbs.. $3.45: 130-140 lbs., $3.20: 100-130 lbs.. $3; roughs. $3; stags. $3; calves. $6.50; lambs. $6 25 EAST BUFFALO. Nov. I.—Hogs—Receipts, 2.200; holdovers, 609; very slow; some sales around 15c under yesterday's average: bulk unsold; desirable 160-225 lbs.. $4.25® 4.35; medium butchers held at $4.40; 120-150 lbs., $3.756 4.15. CattleReceipts, 200; steady; fleshy grass calves, s4® 5; common steers, 53.50® 4: cutter cows, $1.25® 2. Calves—Receipts, 175; vealers dull, barely steady; good to choice, $7; common and medium. $4.50® 5 50. Sheep—Receipts. 1.100; lambs draggv at week’s sharp decline: good to choice ewes and wethers, $6 25® 6.50; medium kind and mixed offerings. $5.25®5.75; throwouts. $5 downward to $3.50. By Timex Special LOUISVILLE. Nov. 1— Cattle—Receipts, 250; slow, mostly steadv: bulk common to medium grass steers and heifers. $2.75® 3.75: better finished drvfeds quotable, 54.50® 5.50; bulk beef cows. sl7s® 2.50; low cutters and cutters, mostly 75c® $1.25: sausage bglls. $2 75 down; common to medium native Stockers and feeders, salable mostly s2®3; most desirable Hereford heifer stock calves quoted around 54.50: calves, receipts. 350; steadv: better grade vealers mostly $4 50® 5: tew strictly choice to $5.50: medium and lower grades. $4 down. Hogs—Receipts. 650; pigs 135 lbs. down 50c® $1 higher: other weights and classes, steadv: 180-235 lbs., $4: 240-275 lbs.. $3 55: 280 lbs. up. $3.30: 140-175 lbs.. 53.20: 100-135 lbs . $2.50; 95 lbs. down. $2: sows. $2.15: stags, sl.lO. Sheep—Receipts, 250: steady; most medium to good jambs. $5 50 ®6: choice quotable to $6 50 Bucks mostly $4.50® 5; throwouts, *3.50: fat ewes, sl®2 per head. Receipts yesterday—Cattle. 267: calves. 369: hogs. 644: sheep. 752. Shipments yesterday—Cattle, 70; calves. Ill: hogs. 294. FILM STARS MARRIED Adrienne Ames, Bruce Cabot Are Wedded in New Mexico. By I'nited Press CARLSBAD, N. M„ Nov. I.—Adrienne Ames and Bruce Cabot, both screen stars, were married late yesterday on the lawn of Armandine, country home of the bridegroom s mother, Mrs. E. P. Etienne.

Today and Tomorrow

Issues of New York Mayoralty Race Are Clouded by Smoke Screen of Candidates’ Speeches. ■ BY WALTER LIPPMANN

OF the New York mayoralty campaign it might be said that the real issues would be clearer if the three leading randidate.s only would stop talking. They all profess to be noble, disinterested, incorruptible, unbossed, progressive. They are all opposed to graft, waste, racketeering. All are in favor of efficiency, of restoring the city's credit, of relieving distress, of promoting business, of recovery, democracy, the rights of man and the peace of the world. On no question of municipal policy do they openly and clearly dis-

agree. I do not pretend, of course, to have read all the speeches. But I have read enough to know that little is to be learned by reading them. The real issue is a simple one: The city of New York has been misgoverned for many years because the control of the government has been in the hands of a group of district leaders who maintain their power by subsidizing their supporters with jobs and favors. As against the local and special interests of these district leaders no coherent, effective or far-sighted municipal policy has been able to prevail. Mayor O'Brien stands for the perpetuation of this system of government. The McKee ticket represents the revolt of a more enlightened faction of the machine against the existing control of the machine. Fusion stands for the ousting of the whole machine. For the independent voter the choice must lie between McKee and La Guardia. The questions presented

to him are these: Can the machine be reformed sufficiently by men who, until a month ago, were part of it? Or is it desirable to overthrow the whole machine of misgovernment and install men who are entirely unentangled with it? Is New York to wipe the dust off the furniture or sweep out the dirt that is under it?

Is it going to trust Mr. McKee to j reform the district leaders or is it going to separate those district leaders from treasury and the ; sources of government power? Do j the people wish a-partial change of control at the top or a radical ! change of control from top to bot- | tom? In the McKee faction they | have men who have been a part | of the existing machine, have done I business with it, have acquiesced in | it, have sustained it, still represent an important part of it, and, barring i miracles, must continue to comproI mise with it. In Fusion they have a group of candidates who are the sworn enemies of the machine, owe

Chicago Stocks ——- By Abbott. Hoppin Sc Cos. 1 1 1,1

TOTAL SALES 21,000 SHARES —Oct. 31High. Low. Close. Asbestos Mfg 3% Assoc Telephone Util % Assoc Tel Util A pfd % Associates Inv Cos 45% j Bastian-Blessing 7 6% 7 | Bendix Aviation 11% 11% 11% !Berghoff Brew Cos 8% 7% 7% \ Borg-Warner 14 13% 13% Butler Bros 3% 3% 3% Cent 111 Pub Serv pfd.. 18% 17% 17% Cent 111 Securities com % Cent Pub Util % Cent <fe So West 1 % Cent Sc So West pfd ... 4% Cent & So West P L pld 8% Chi & North West 7% 7% 7% Chicago Corp com 2% Chicago Corp pfd 22% 22% 22% Chicago Mail Order ... 13% 12% 13% Chicago Yellow Cab 12% Cities Service 2% 3 2 Commonwealth Edison 40% 39% 40 Cord Corp 6% 6% 6% Electric Household 9% Fizsimmons & Connell . ... 14% General House Util ... 13 Great Lakes Aircraft % | Great Lakes Dredge . 17% 17 17 I Grigsby-Grunow 1% Kata Drug ... 20 1 i | Kellogg Switch, com 2 Kingsbury Brew Cos .... 8 7% 7% Lynch Corn ... 29 Marshall Field 12% 12 12 McWilliams Dredging Cos 14% Md Wst Ut 6% pfd "A" 1% Midland United ... % Miller Sc Hart pfd 9 National Union Radio % Noblitt-Spks Indust Inc .. ... 22 Prima Cos 10% 8% 9% I Quaker Oats 116 115 116 Raytheon V T C 2% 1% 2 I Raytheon pfd ... % I Signode Steel Strap pfd .. ... 8% ; Swift & Cos 131 8 Swift International ... 23 Thompson. J R 7% 7 7 U S Gypsum, com * ... 4514 Utility Sc Ind, pfd....'.' 3 Vortex Cup Cos ‘A’ 25 Wahl 1% Walgreen Cos., com . . is% ie% 16% Ward, Montgomery A.. ... 62%

U. S. Government Bonds

By United Press NEW YORK. Oct. 31.—Closing Liberty Bonds: (decimals represent 32nds.) Liberty. 3 ! is (32-47) 102.2 First 4%s (32-47) 102.13 Fourth 4Vis (33-38) •. 103.1 Treasury. 4s (44-54) 105 28 3%s (46-56) 103.28 1 3%S (43-47) 101.11 3%s (41-43) March 101.16 3%s (40-43) June 101.13 3%S (46-49) 99.13 3s (51-55) 97.16 3%s (41) 100.19 Fourth 4%s called 101.22 Other Livestock BY UNITED PRESS PITTSBURGH, Nov. I.—Hogs Receipts. 300; holdovers, 1.800; slow; early sales steady to 5c higher; few load* 170-220 lb. weights. $4,254? 4.30; little done on other weights; 250-300 lbs. quotable. $3,754/4: pigs, $3.50<83.75; packing sows, $3.25473.75. Cattle—Receipts. 30; nominal; calves, receipts, 100; 50c lower on better grade vealers; slow, good and hoice, $6 5047 7: medium. $54i6. Sheep- Receipts. 500; slow and steady; choice around 75 lb. sorted lambs. $6 50; medium. S4O/ 4.75; common. $2,504(4; agad wethers, quotable up to $3. CINCINNATI, Nov. 1. Hogs—Receipts. 3.900 head; including 1.038 head direct and through; holdover, 500 head; uneven, opening sales good to choice 170-250 lbs.. $4,104/4.15; top $4.15; steady to 5c higher: lighter weights and weightier butchers steady; bulk better 150-170 lbs.. $3,654/ 3.85; desirable 130-150 lbs.. $3,354/3.60: packing sows, 25c lower from $3 downward. Cattle—Receipts, 700 head: calves, receipts. 300 head: slow, stpers and heifers, steady to shade lower; bulk fed offerings. $4.254?4.50: small lots $5.75: plainer kinds mainly from $3 50 down to $2 50. and some cuttery descriptions down to around $2: cows steady; bulk fat kinds *2.25473: low cutters and cutters. $1472; bulls weak to 25c lower: bulk $24(2.75; odd head $3; calves unchanged: good to choice vealers. $64/6.75; plainer offerings from $5.50 downward. Sheep—Receipts. 700: fat lambs 25c lower than yesterday or 50c under Monday; bulk $647 6.50: best handy weights. $6.75; best throwouts $4475.50: culls down to around $3; fat aged ewes, unchanged at $1472. BOARD SETS HEARING i ON TRACTION PETITION Plea to Drop Line to Louisville Assigned for Nov. 14. Invitations to city attorneys and civic clubs in ten southern Indiana cities to attend a hearing Nov. 14 at New Albany on a petition of the Public Service Company of Indiana to abandon its Indianapolis-Louis-ville traction line, were mailed by j the public service commission toi day. The utility is seeking to discontinue certain street car lines in New Albany and supplant its present traction service with one car a day to run between Indianapolis and Seymour. INJURED DRIVER HELD AFTER TRIPLE CRASH Attempt to Pass Auto Results in Collision With Truck. In a triple collision this morning at Palmer and South Meridian streets, Floyd Shonk, 19, of 1815 Orleans street, suffered a compound fracture of the left arm and was sent'to city hospital. Charges of reckless driving were placed against Shonk, who is said to have attempted to pass an automobile driven by Lawrence Owens, Bedford, and crashed into a truck driven by Fred Bolinger, R. R. 4, Box 621.

f*' J

Lippmann

nothing to it, have every interest in destroying it, and no interest in compromising with it. a a a 'T'HAT is all the issue I can dis- -*• cover in the New York campaign. There are, however, fictitious issues dragged in for no purpose but to confuse voters. One of these fictitious issues turns on the claim that McKee is the administration candidate; the other on the assertion that La Guardia is the advance agent for the revival of the Republican party in 1936; still another, that La Guardia is a disguised Communist. Let us look first at the more preposterous of these issues. According to Mr. McKee's argument, Mr. La Guardia has accomplished the really extraordinary feat of being at one and the same time the representative of Mr. Hoover and of Mr. Stalin, of the G. O. P., and of the Third International. At one moment Mr. McKee declares that La Guardia’s election in New York will lead to a Republican triumph in 1936; the next moment he declares that it will lead to Communism. You pay your money and you take your choice. If you are afraid of the Republicans, vote for McKee. If you are afraid of the reds, vote for McKee. Os all the silliness ever brought out in a political campaign, this attempt to portray Major La Guardia as the emissary both of Moscow and of Palo Alta deserves the prize. The other alleged issue is a little more plausible—namely, the claim that Mr. McKee is the administration candidate. For Mr. Farley did intervene in New York politics enough to justify the claim or charge that the McKee candidacy is connected with administration politics. But Mr. Farley has displayed many evidences of wishing he had not intervened, and, after the first stage of the affair, has been enormously busy almost everywhere except in New York City. It is a fair inference that he washes he had kept away from New York City.

BUT even if Mr. McKee had the party political backing of the administration, which obviously he has not, the question for supporters of the President would still be: Would the President’s program be affected for good or evil by the victory of either McKee or of La Guardia? To answer that question realistically we must ask ourselves another question: What, part does the government of New York city, or of any other city, play in the carrying out of the national program? Avery Important part. An essential part of the national program is the restoration of credit and property values. The bankruptcy of a city like New York would be a serious matter. Therefore, the first thing that Washington must desire is that the cities should do what they can to make themselves solvent. Another essential part of the national program is the relief of the unemployed. The cities are the primary agencies in this field. Efficient and honestly governed cities are, therefore, of great importance. Another essential part of the national program calls for the expenditure of money on public works. The cities are among the agencies which must be used, especially m the development of housing, if a large public works program is to be executed. Corrupt, wasteful and inefficient city goverment is an almost insuperable obstacle. In short, what the administration needs in New York City is a government that is able to cooperate with it. It needs an honest, a solvent, an efficient and an enlightened government. It does not particularly need to be patted on the back. As between McKee and La Guardia, the one who will help Washington mast is the one who is most likely to get rid of the machine that has bankrupted and paralyzed New York City. The question is not which candidate can declare the more loudly his undying devotion to Franklin D Roosevelt, but which candidate can organize an administration that is able to straighten out New York finance, to administer relief, and undertake, without tribute to the political machine, large projects of public works. (Copyright. 1933)

Produce Markets

Delivered in Indianapolis prices—Hens. Bc. Leghorn hens. sc; heavy breed springers. 8c; Leghorn springers Bccocks 5 lbs. and up. sc: under 5 ss;.5 s ;. <c: . ducks. 4'/i lbs. and over, full feathered and far, sc: under 4' 2 lbs 3c: aeese. full fea’hereri and fat 3c: No l strictly fresh country run eggs, 20c. atrict[v rots off: each full egg case must weigh as lbs. gross: a deduction of 10c a pound ,or each pound under 55 pounds will be made. Butter—No. 1, 254?26c: No 2 22 23c. Butterfat. 18c. Quoted by the Wadley Company. By United Pres* CHICAGO. Nov. 1— Eggs— Market firm; receipts. 1.324 cases; extra firsts 21'jc dirties, 12 'i 14 ! 2 c; current receipts 18 a i#/*• Butter— Marker unsettled; receipts, 3 847 tubs: specials 23 ! .4i24c extras 23c extra firsts. 20*322c; firsts. 18 , 2 'r;!9c : seconds, 171.,<3 18c; standards 21c Poul-try-Market steady: receipt.*, 34 trucks, 1 car: fowls, 84tllc: Leghorn chickens 8c; Leghorns. 7c: Rock springs. ducks. lie: geese. 10c; turkeys 124t14c. Cheese—Twins, 12’,4112' 2 c; longhorns. 12 5 .!13c. Potatoes—Supply heavy, trading slow; market weak: Minnesota Red River Ohios. $1,054; 1.10; round whites, partly graded, *1.05; North Dakota cobblers, Red River section. $! 054il.l0; Red River Ohios. *1 round whites and early Ohios. partly graded, 80®95c; Idaho russets. $1503 1 55; Wisconsin round whites, no sales; shipments. 528: arrivals. 108; on track. 45*

PAGE 11

GRAIN FUTURES GAIN FRACTIONS IN SLOW SALES Irregularity Predicted in Wheat at Present Levels. BY HARMAN TV. NICHOLS I'nited Press Staff Correspondent CHICAGO, Nov. I.—Grain advanced major fractions at the opening of the Board of Trade. Wheat futures were % to % cent higher. Corn was up % to \ cent and oats were % to % cent higher. Rye was % cent higher. Traders looked for further lr j regularity in wheat around present levels. Pending settlement of political conditions the wheat trade sees a daily improvemenet in the statistical situation, as the movement of wheat to market is so light that terminal stocks steadily are being drawn upon. Reports from the com belt are that corn husking is progressing rapidly. Oats continue in dull, featureless movements. Chicago Primary Receipts —Oct. 31Bushels ~,, . Today Last Week Wheat 458.000 396.000 Corn 761.000 450,000 oats 148,000 53,000 TOLEDO CASH GRAIN By T'nited Press TOLEDO, Oct 31 Grain close Grain In 89®90f S Vorn nS hl i“ r ' s Wheat No. 2 red es 90c. Corn-No 2 vellow, Al r <i 48c Oats -No. 2 white 38^3Rye— -No 2 TO m 1 ' , ,Track PCces, 28 1 ac ratei—Wheat c £°- ' rpd $ No. 2 red. 84®85c corn No 2 yellow, 42'-®43',c- Nn a sfl 3V ° a '*- No 2 White Close: "clover '(October" $7 40: Decemsß JiO ;* Decern be r, rt sß.7o s " 7s ' Alslk( '-Cash.

POLICE GUARD STATE ARMY PAY ROLL TRUCK Officers Make Trip From Bloomington to Brown County C. C. C. By l n ited Press BLOOMINGTON, Ind., Nov. l._ A squad of officers accompanied a pay roll truck from a Bloomington bank to the Brown county civilian conservation camp late yesterday after Sheriff Fremont Weddle learned of a purported plot to hold up the truck.

Gone, but Not Forgotten

befong 0, ?o: blleS reported ,0 P°U as stolen Ellen J. Tilson, 925 Hanna avenue* Prirri .”i 8? r ° ra Yvr- .aresxjK' D Miller. 3207 East Tenth street Plospec t \streeOv 98 - 748 " from Olivo and Scott Allison, R. R. 16 Box 45 T oh™ mom C streets s 2 ° 4, /l ' am Merldian w - Wilson Daniel. 5155 Winthrop averiilfn = ( ' r T° Ulh COUpe ' 17 ,514 from Mcri. street S * aratfe ' 702 N°r'h Meridian

BACK HOME AGAIN

befong en to aUtOm ° bileS recovered b >' Police Emile Bridgeman. 1439 North New JerNortn ffL Whippet sedan, found at 800 North Alabama street, O, D- Michaels, 38 West Georgia street, coach found in rear of 328 North California street, Automobile stripped of four tires and battery. Frank Friels, 5928 University avenue. Chrysler roadster, found in rear of 82i North California street. automobile stripped. Marriage Licenses Jack Shinell, 21, of Brooklyn, N Y . cooper, and Sadie B Mason. 19. of 2259 Jackson street, housework John H Evans, 21, of 516 North Senate a }' e Ei ,e - P orter . 8d Elizabeth Turner 21 of 525 West Vermont street, housework Myron Chesley, 28. of Sevill hotetl publicity man, and Laura Schulze. 25. of Seville hotel, nurse. Gerald Gray. 22. of Greenfield. Ind . trucker, and Crystal Wilson, 18, of Thirty! eighth and Shadeland avenue, housework. Edward Downs, 23, of 2541 Sheibv street clork. and Marie Mittman, 24! of 2021 Prospect street, clerk. John H. McGrady, 35, of 124 East New York street, cook, and Clara A. McKinley, w/'i 134 East New York street, houseWliliam M. Fleming. 24, of Ft. Harrison, soldier, and Stella Berkley. Ft. Harrison. waitress.

ANNOUNCEMENTS 1 Death Notices ADAMS, THOMAS MARSHALL—BeIoved son of Oscar O. Sr. and Clarena Adams and brother of Oscar Jr., Robert. Arthur. Forest. Helen, Clarena and Albert Adams’ Mrs. Mary Beckelheimer and Mrs Grace Nolan, departed this life Tuesday. Oct. 31, age 23 years. Funeral Thursday. Nov. 2. at the residence, 5807 E. Thirtieth street, 2 p. m Burial Memorial Park cemetery. Friends invited. Funeral under the direction of MOOHE ,v KIRK. dai.roN, Robert r Beloved husband of Mrs. Dale Dalton, father of Margaret brother of W. L. Dalton, Girardville’ Pa., T. F. Dalton. Kansas City. Mo : J. J Dalton, Chicago, passed away Tuesday. Oct. 31. 10.15 a. m., age 50 years. Funeral at, residence 944 North LaSalle St., Friday, Nov. 3. at 81$ a. m.; services ot. Philip Neri Church, 9 a. m. Interment Holy Cross cerrctery. FOLSOM. JOSEPHINE It ne* Biitsch) - Beloved mother of Mrs. Mary A. Miller and Mrs. Lena K. Koritzer, passed away Tuesday morning, Oct. 31. age 84 years Funeral services will be held at the VALD FUNERAL HOME, 1222 Union St.. Friday morning Nov. 3. at 8.15 o'clock and at S*. Catherine's church a* 9 Friends Inn'.ed’ St ' joi>£ph 4 cemetery. HARDING, PRANK R. Age 77 years be! loved husband of Addle n. Harding, passed away Wednesday morning Servrcea at planner & buchanan mor. n Frl V a i 2 D- m - Friends mBurial Crown Hill. JINES, NATHAN Beloved husband of Emfather of Mrs Anne Lleske b l! >thar Jasper J:nes. passed Tuesday. 5:30 p. m., at residence of daughter. 4200 W Vermont. Funeral Thursday. 1 p, m at the Marble church, Marble Corner. Ind. Friends mav call ?’ A'cV H. HERRMANN FUNERAL WALTER E. Beloved husband Os Ida B Newby, father of Flovd K Tavlor of Los Angeles. Ca! , Daniel F , and Leonard R Newby of this citv, and four grandchildren, passed away Tuesday Oct. 31. at the residence. 330 N Keystone avenue. Funeral Friday, Nov. 3, at 2 p. m . at the residence. Interment Crown Hill cemetery. Friends invited. Fr.ends may call at the residence any time. _ Nt gent. Leonard 2047 Roosevelt ave.. beloved husband of Carrie Heath Nugent and father of Robert L. Nugent de. parted this life Tuesday, Oct 31 age 38 years. Funeral Thursday. Nov. 7 at Hillside Christian church. 2 pm. Burial Anderson cemetery Friends Invited. KIRK BI Unti,r directlon of MOORE ti SMITH GEORGIA EDEN—Wife - of - JamS L and mother of Joseph Smith, passed away Tuesday at the residence, 3939 Sutherland Ave .Services a’ the FLANKER <v BUCHANAN MORTUARY, Thursday. 10 a. m. Friends invited. _ B ' !ria ‘ Crown Hill. 2 Cards, In Memoriama BOWIN' In memory of KrRBY BOWEN, who passed away Nov. 1, 1932. Oh, what would we give to clasp his hand. His dear, kind face to see; To hear his voice, to see ills smile. That meant so much to us. His spirit has fled, his suffering's o’er. At the fireside he will Join us no more. Father and mother MR AND MRS. GEORGE E BOWEN AND FAMILY. Ten oer cent duecuEt on all Cash Want Ads placed at Times Want Ad Headouarters. 214 W Maryland St S Funeral Directors, Florists YV. T. BLASENGY3YI 2228-28 Shelby St. FINN BROS. Funeral Home KU V. Meridian Si. lAUIU.