Indianapolis Times, Volume 45, Number 152, Indianapolis, Marion County, 4 November 1933 — Page 7

NOV. 4, 1933

Wall Street Investment Bankers Favor Municipal Reorganization in Event of Default on Obligations. By RALPn HENDERSHOT Timri Soecial Financial Writer

THE HOMESTEAD. HOT SPRINGS. Vi.. Nov. 3.—The Investment Bankers’ Association went on record recently as favoring the same kind of treatment for municipal bonds at the hands of the law as is now accorded railroad securities when they are in default and reorganization is necessary. They desire legislation requiring minority holders to agree to reorganization plans which have been approved by the defunct municipalities, a federal court and a substantial majority of interested bondholders. The request would seem to be a sound one. As the law now stands, approval from all the bondholders is necessary for reorganization, and this is almost impossible to secure. Os the approximately $200,000,000 of municipal bonds now in default not one municipal reorganization plan

has been effected. The reason for this is that some minority group always holds out, not because they think the plans are unfair, but because they hope to be bought off at a higher price than is offered assenting bondholders. In other words, they feel they have a nuisance value. Many of our municipal bonds are. selling at excessively depreciated prices in the open market for that reason. Those who would adjust the municipalities’ debt structures so that they would once more become sound are prevented from doing so. and in the meantime no interest at all is being received by the holders of defaulting issues. a a a Impending Business Recovery The investment bankers contend—and rightfully so—that lack of such a law as they desire is impeding general business recovery. One of the important wheels in the complicated business machine is unable to turn. The importance of the situation may be seen from the fact that many of these bonds are held by

Ralph Hendershot

our important institutions, such as banks and insurance companies. While it is true that it would be no easy matter to reorganize a municipality’s debt structure even though such a law were enacted, the mere prospect of reorganization would give a market value to its securities far above that now quoted. Not only would the $200,000,000 of the bonds directly affected be helped marketwise, but so also would the other bonds of cities which have defaults, aggregating, it is estimated, $1,500,000,000. The same might be said, too, of bonds of municipalities which appear to face default. tt n tt Bill Shelved in Last Session A bill such as the bankers wish to see enacted into law was passed by the house of representatives in the last session of congress. Lack of time prevented consideration of the bill in the senate. The bankers are hopeful, however, that the situation will be ironed out in the new congress which is to convene in January.

New York Stocks (By Abbott. Hoppln A Cos.)

•-Nov. 3 Oils-* Prev. H igh. Low. Close, close. Amerada , 43 42 43 42 At! Rig 4WS* 30 29% 30 29'/* Barrisdall 8% 8% 8% 3^" Consol Oil .**i. 12 11% 11% 11V* Cont of Del .17% 17 17% 17V* Houston (new),, 4 9 / 4% 4% 4% Houston (old), 22 Vi 22'a Mid Cont Pet., 12% 11V* 12Vs 11% Ohio Oil 15 14 s ' 15 14V* Pet Corp llVa 10Va 11V, 10‘* Phillips Pet 15 14V* 15 14 s * Pure Oil ...*44, 12 11% 12 11% Roval Dutch 36% 36% Sbd Oil 34% 33Vi 34V* 33Va Simms Pet 10% 10% 10V4 lOV2 Skelley Oil 8% 8% 8% 8 Soc Vac 13 12% 13 11% SO of Cal 41% 39 1 a 41V, 40 S O of Kan 34 34 SOOf N J .... 42% 41% 42% 42 Texas Corp 24% 24% 24 , 2 24% Tidewater Assn 10% 9% 10 9% Un Oil of Cal.. 19% 19% 19% 19 V* Steels— Am Roll Mills. 16% 15% 16% 15% Beth Steel 30% 28% 30% 29 Bvers A M .... 22% 21% 22% 21% Col Fuel & Iron 15* 4Vi 4 s * 4% Cruc Steel 17% ... Oulf Sts Steel Inland Steel ... 30% 30 Ludlum Steel .. 12 11% 12 11% McKeesport Tin. 81 79% 81 77*2 Natl Steel .... 38% 37% 38% 38% Rep Iron * Steel 13 12% 13 12 Rep Iron & St p 26 25 26 23% U S Smelt 99Vi 96% 98% 100 Vanadium 18% 17 18% 17_, Mid Steel 12 11% 12 11% Shell Un 8% 8% 8% 8% U S Pipe * Fdy 14% 14 U S Steel 41% 37% 47% 38% U S Steel pfd 78 79 YounjjSt'n S& T 17% 17% 17% 16 Atchison 50 45% 49% 47% Atl Cst Line... 32 30 32 29V* B & O 23% 21% 23% 22 Can Pac 13*4 12% 13*4 13.s Ch & Ohio ... 39% 38% 39% 38% Chi & Gt W 3 ... C M & Bt. P 5Vi 3% CM * St P pid. 8% 7% 8% 7 2 Chi N W 8 7Vi 8 7% Chi R Ist ••• 4 Chi R I !'■ pfd 6'i 6% 6% .... Dela & Hud ... 50% 48 50% 47V* Erie. 15% 14% 15% 14% Ort Northern .. 18 16V'* 18 16% 111 Central 26% 25 26% 25 K C Sou 11 .11 Lou * Nash .. 43 41 43 40% M K & T 8% 7% 8% 7% Mo Pac 4 3% 4 ... Mo Pac pfd ... 5% 5 5% 5% N Y Cent 32% 30 % 32% 30% NY CV & St L.. .. ... 14 14 NY CdrSt L pfd 16% 16 16% 15 s * NY New Haven 16% 15% 15% 15% N Y Ont & Wes 8% Norfolk & Wes.lso 147 150 ... Nor Pac ....... 20% 18% 20% 19% Penn Vk R .... 27% 26 27% 26% L e u m pa K c-:::::::.:-2ov*-i9 “s *i sou r r 21% 20% 21% 20% Sou R R pfd... 23'., 22'2 23 22% Union Pac ~,,.109 105 109 105 Wabash “ ?, * West Mary 9Vi 8% 9 8% Auburn 38 s * 37 38% 37 Chrysler ...WJ. 42'* 39’a 42% 40'/. Gen Motors’*! 1 :. 28% 26'. 28** 27% Graham Motor.. .. ... 2% 2 ]S Hudson 10% 9% 10% 9% Hupp 3% 3% 3% 3% Mack Truck.,,, 27' 2 27% 27% 26% Nash 19 17% 18% 18 Packard 3 H 3 /2 3 • Reo .. ......*44 •• ••• 3 Studebaker ~.. 4 s * 4% 4% 4% yellow Truck..., 4% 4% 4% 4 Motor Access— JBendlx 13% 11% 13% 12% Bohn Alum ~*, 46*4 43% 46'* 43% Borg Warner*..* 15’. 14% 15% 15’* Briggs 8% 8S 8% 8% Budu Wheel *,. 3% 3V* 3% 3*. Eaton Mfg 11'2 11 11 Elec Auto Lite.. 15 14>4 15 14 &md (A) 3% 3% ullins Mfg ~*., ... 4% ... Murray 80dy.,, 5 5 Stew Warner.,,, 5% 5% 5% 5% Timken R 01..,. 26% 25 26% 25% Mining— Alaska Am Smelt 45% 43’. 43H 43'. Anaconda 14’. 13% 14% 14*2 Cal & Hecla ~ .. .. 4’. 4% C’erro de Pasco., 86% 34% 36% 38 Oranbv .. ... 9% 9% Ot Nor Ore .. ... 10'* 9% Homestake Min.. ... 340 Howe Sound.... 30% 29% 30% 30 Ins C0pper....... 5% 5% 5% 5% Int Nickel 20 19% 19% 19% Isl Creek Coal. 21 '2 Kennecott Cod.. 21% 20% 21’* 20% Noranda Cop... 34% 34 34% 34% Phelps Dodge.,. 15% 15 15% 15 s * Plus Coal 11 Tobaccos— Am Snuff....,, .. ... 48% ... Am Sum Tob... .. ... 13'2 ... Am Tobacco A.. 70% 70 70% 70 Am Tobacco B .. 74% 71% 74% 72 Gen Cigar 28% 28% 28% 29% Llgg & Myers B. 84 82 84 81 s , Lorrillard 17% 16% 17% 16% Reynolds Tob B 43% 42% 43% 42 s * Eauipments— Allis Chalmers. 16% 15% 16% 16'. Am Car & Fdv.. 23% 21 s , 23% 21% Am Loco 27 24% 27 23'2 Am Mach & Fdv .. ... . 14% Ah Steel Fdv... 18% 17 18% 17 V Bald Loco 11% 11 11% 10% Burroughs 13% 12', 13% 13 Case J 1 67% 64% 67% 64% Cater Tract 20% 19% 20% 19 s . Colgat Palm Peet .. .. 12', 12% Congoleum 23 s , 22% 23 s . 22 Elec Stor Bat .. 40 39% 40 39'. Foster Wheeler.. 14", 13 s . 14% 14 Gen Am Tk Car 28 s * 28% 28 s . 28', Oen Elec 19% 18% 19 s . 18 s * Oen R R Sig... 29 28 29 28 Inssol Rand.... 53% 52 53% 52 Int Harvester.. 38% 37 38 s . 36% Kelvinator . 10% 10 10% 9% Natl Cash Reg . 14% 14 14V, 14'* Froc & Gamble.. 41 % 39 41 % 39', Pullman Inc ... 45% 43', 45', 43'. Simmons Bed .. 16% 15 s * 16'* 15 s * end Elliot 25% 25 25 24 s . West Air B 25 % 24', 25 Vi 24 Westingh Elec .. 35% 33 35% 33 Worthingtn Pmp 20% 20 20% 19% Utilities— Am & For Pwr .9 8% 9 B s * Am Power & Lit 7% 7 7% 7 AT&T li 112 116 Ui% Am Wat Wks .. 19% 1* 19% 18 s * Brook Un Oas 61 Col Gas & Elec. 12% 12 12% 11% Col G * E pfd 60% ... Com & Sou 2% 2 2V. 2'. Consol Gas ....40% 38'. 40 37% Elec Pwr & Lit.. s', 5% 5% 5% E P & L ofd 10% 10 fnt T&T ... 13 12% 13 12% Leu O & E A' 14% 14% Nat Pwr * Lit.. 18% 10% 11 10% North Amer .... 16% 15% 16', 16% Pac O & K ... 18 s * 18 18 s * 17% Pub Serv N J... 36 35 36 34% aSo Cal Edison... 16% 16 16'. 16 W Sti Gas 9'* 8% 9% 9 Std Gas pfd 9'. 9 s , 9’, 10 United Corp .... 5% s'* s s , s', Un Gas Imp 16', 16', 16', 16% Ct Pwr & Lit A’ 3% 3% 3'* 3% Western .Union .51% 48 50% 48'. Robber. — Firestone ....... 20% 19 20 s , 19% Goodrich 13% 12% 13% 12% Goodyear 33', 31% 33% 32 C S Rubber 16% 15% 16% 15'r V S Rubber pfd. 24% 24 24% 24% Kel Spring 2 s , ... CraSuMUtUo'T. 10% 9% 10% ...

Fox Thea 143/. Loews Inc 28% 27 28% '27 ga. d '° c °rP •••*. 7% 6V, 7% 6% WKO ... 2*2 2Vi Warner Bros 6 % 6% 6% eVa Foods— Am Sugar 55 53% 54 53 Armour A ... 35/ s 334 Beatrice Cream 12% Borden Prod .... 22% 21% 22% - 22% Cal Packing . 20*4 19% 20*4 ... Can Dry G Ale 27% 26% 27% 26% Coca Cola 98% 98 9% 97 Cont Bak A 9% 9 Corn Prod .... 73*4 70% 73% 74% Crm of Wheat 27% 27% Gen Foods/..., 35 33% 35 34 Dust 17% 17% 17% 17% G W Sugar .... 37% 36'% 37% 36% Hershev 48 Loose Wiles ~, 38% 37% 38% 38 Natl Biscuit ... 42% 41% 42*4 41 Natl D Prod 14% 13% 14*% 14% Purity Bak 14 13% 14 13% S Porto Rico Sug 40*% 4040 40% Std Brands 24% 23% 24'% 23% United Fruit.... 60'% 59% 60% 59*% Ward Bak A 8 Wrlglev 53% ... Retail Stores— Best ACo 23% 21% Glmbel Bros 4% 4% Gimbel pfd .... 15% 15 15% 4% Hahn Dept Sts.. 5% 5 5'% 4% Jewel Tea 28 Kresge S S .... 11% 11% 11% 11% Kroger Groc ... 221, 20% 22% 20% Macy R H 46% 45% 46% 46 May Dept St... 25% 25 25% 25% Mont Ward ... 19% 18% 19% 19 Penny J C 46 42% 45% 43% Safeway St .... 38% 37% 38% 37% Sears Roebuck.. 39% 37% 39% 38 Woolworth 38 36% 38 36% Aviation— Aviation Corp.. 8% 7% 8% 7% Douglass Air ... 14% 13% 14% 13% Curtiss Wright. 2% 2% 2% 2% Curtis Wr A’... 4% 4% 4% 4% No Am Av 5% 4% 5% 5 United Aircraft. 31% 28% 31% 29 Chemicals— Air Reduction ...102 100 102 99 Allied Chem ...137 129 135% 130 Am Com Alcohol 55% 51% 43% 52 Col Carbon .... 54 52% 54 51% Com Solvents.. 34% 32% 34 33% Dupont 79% 76% 79 76% Freeport Tex... 45% 44% 45'/, 44% Liquid Carb.... 27 24% 26% 24% Math Alkali 39% 37% 39% 38 Tex Gulf Sulph. 39% 37% 39 37% Union Carbide.. 40% 38% 40% 39% US Indus Alcohol 69% 67 69% 67% Natl Disk* 95% 92% 94% 93% Drugs— Coty Inc 33,$ Lambert 30 27% 30 28 % Lehn & Fink.... 18% 18 18% 18 Zonlte Prod ... 6% 6*4 6% 6*4 Financial— Adams Exp .... 7% 7% 7% 8 Allegheny Corp 3% 3% 3% 3% Chesa Corp .... 32% 31% 32% 31% Transamerica... 5% 5% 5% 5% Tr Conti Corp 4% 4% Building— Am Radiator.... 13% 12 13% 12% Gen Asphalt ... 15 14 15 14% Int Cement .... 32% 30% 32% 30 Johns Man Vine 51% 48% 51% 49% Libby Owens Gls 29% 28% 29% 28% Otis Elev 13% 11% 13 12% Miscellaneous— Am Bank Note. 13*4 12*4 13 12% Am Can 90% 87% 90% 89 Anchor Cap ... 2C% 19% 20% 20% Brklvn Man Tr. 28% 27 28% 27 Conti Can 65% 63*4 64% 63% Eastman Kodak. 72% 71 72% 71 Owens Bottle 73% 72% Gillette 11% 11% 11% 11*4 Glidden 15% 14*4 15 14% Gotham Silk ... 7% ... Indus Rayon ... 73% 70 73% 70% Inter Rapid Tr. 9% 8% 8% B*4 Real Silk Hose.. 9% 9% 9% 9

Investment Trust Shares

By Abbott, Hoppin & Cos. —Nov. 2 Bid. Ask. American Bank Stocks Corp.. .75 .85 American & General Sec. A.. 525 6.25 Basic Industry Shares 2.90 British Type fnv. Tr Sh 44 .45 Collateral Trustee Shares A. 4.12 4.50 Corporate Trust Shares (old) 2.02 2.08 Corporate Trust Shares (new) 2.10 214 Cumulative Trust Shares.... 3.62 3.68 Diversified Trust Shares A... 6.25 Diversified Trust Shares 8.. 6.50 6.75 Diversified Trust Shares C.. 2.76 2.80 Diversified Trust Shares D.. 4.40 4.60 First Insurance Stock Corp.. 1.32 1.38 First Common Stock Corp... .84 .99, Fixed Trust Oil Shares A.... 7.60 Fixed Trust Oil Shares 8.... 6.40 Investors Inc 16.12 16.37 Low Priced Shares 4.95 5.05 Mass Inv. Trust Shares 16.37 17.62 Nation Wide Securities...... 2.85 2.95 North Amer. Tr. Shares (53) 165 North Am. Tr. Shares (55-56) 2.12 2.16 Petroleum Trust Shares A... BC9 11.00 Selected American Shares ... 237 Selected Cumulative Shares.. 6.12 6.37 Selected Income Shares 3.25 3.50 Std Am. Tr. Shares A 2.65 2.75 Trust Shares of America.... 2.70 2.80 Trustees Std. Oil A 5.00 5.25 Trustee Std. Oil B 4.40 4.70 U. S Elec. Lt. &r Pwr. A 11.00 11.50 Universal Trust Shares 2.65 2.75

Federal Farm Loan Bonds

Bv Blyth & Cos.. Inc. —Nov. 3 Bid. Ask. 4s Nov. 1 1957-37 85 86 4s May 1 1958-38 85 86 4%s July 1 1956-36 86 87 4%s Jan. 1 1957-37 86 87 4%s May 1 1957-37 86 87 4%s Nov. 1 1958-38 86 87 4*js Dec. 1 1933-32 100 100% 4*as May 1 1942-32 91 92 4‘as Jan. 1 1943-33 91 91 4%s Jan. 1 1953-33 88 89 4%s July 1 1953-33 88 89 4Va* Jan. 1 1955-35 88 89 4'as July 1 1955-35 88 89 4%s Jan 1 1956-36 88 89 4%s July 1 1053-33 91 92 4%s Jan. 1 1954-34 91 92 4%s July 1 1934-34 91 92 5s May 1 1941-31 96 97 5s Nov. 1 1941-31 96 97 Home Loan 4s. July 1. 1951 . 84% 85% CHICAGO FRUIT MARKET CHICAGO. Nov 3—Apples—Michigan Jonathans *14(125; Baldwin. 85c® $1; carrots. Illinois, %c bunch; spinach. Illinois and Missouri. 5C</65c bushel: beaus, soutren green. *1 /.? 1.75: cabbage. Wisconsin. 75c®.$l: grapes. New York. 42®43c. 12 quarts Michigan. 40® 50c crate; musnrooms. Illinois. 20® 25c: cucumbers, southern. sl®2: few $2.25; central western $1.50® 225 tomatoes. California best. SI 50; Keifer peas r.linois. $1 Or.ion Market—ldaho. Washington Valentias. 70®85c. Wisconsin yellows. 65® 70c: Indiana yellows. 65®70c: Illinois yellows. 65tt 70ci mid western whites, *1 NEW YORK RAW SUGAR FUTURES —Nov- 3 High Low Close January 131 1 30 1.31 ! March ...*. 1 38 1.33 1 35 May 142 138 1.41 July 1.48 143 146 September 1.51 1.48 1.51 December*.. ....... 1.31 1.28 1.31

BETTER GRADE STOCKS LEAD LATEADVANCE Old-Tifne Favorites Furnish Strength in 1 to 5 Point Rally.

Average Stoc.v Prices

Average of thirty Industrials for Thursday, high 9138. low 89.17, last 90.54, up i 92. Average of twenty rails. 87.09, 36.23. i3* ?}. up i5. Average of twenty utilities, 23.55, 22.68, 23 20, up .29. Average of forty bonds, 82 51, up .07. BY MAX BUCKINGHAM United Pres* Financial Editor NEW YORK, Nov. 4.—A semblance of life came back into the ! stock market late yesterday after a | week of lethargy, and prices adj vanced 1 to 5 points under leaaer--1 ship cf the better grade issues. Old-time favorites such as U. S. Steel and the rail group took on the market control in the outcropping of a buying sentiment which | had been dormant all week. There was nothing specific in the news to bring about the tone, although most factors before the market had been favorable all • day. U. S. Dollar Easy Included among the favorable points were the easiness of the dollar in foreign exchange trading, pound sterling again approaching parity; a higher price for gold; a closing price on wheat which showed an advance which brought strength to some of the other commodity markets. American buying of gold in Paris also was looked upon favorably by those who believe the President's gold policy will mean an inflationary trend, Even the mining shares, which had been weak most of the session, showed recuperative powers in the late trading. U. S. Steel was one of the leaders. After wandering in a fractional range, it suddenly darted forward to above 41 for a gain of more than 2 points. Rail Group Higher New' York Central was the leader in the rail group. A car-loadings report of about 13,000 drop from the preceding, was considered not unfavorable, and the rails all rallied. Central jumped to around 32 7 / 8 for a gain of about 2 points. Union Pacific made a similar gain to above 107. Delaware & Hudson was 3 points higher at 5014. Pennsylvania added 3. point to above 27. Chesapeake & Ohio made a similar advance.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 3 Clearings $2,425,000.00 Debits 4,982,000.00 TREASURY STATEMENT —NOV. 3 Net Balance for Nov. 1... .$1,399,971,182.49 Misc. Int. Rev. Rcpts 3.005.958.76 Customs Rcpts (mo. to dt.) 1,324.504.37 New York Curb (Bv Abbott. Hoppin & Cos.) —Nov. 3 Close.! Close. Allied Mills. ... 9%: Gulf Oil of Pa 49% Alum Cos of Am 58 ( Hiram Walker,. 41*/ 8 Am Cyanide B. . 10% Hud Bay Min 8% Am & FPw Wr 5% Humble Oil ... 87 I Am Oas & El.. 22% Imperial Oil Ltd 12% Am Superpower 3% Int Petrol 19% Atlas Corp .... 12 ;Lake Shore Min 48% Buckeye Pipe Li 34% Natl Av 9% Can Indus Ale A 17 7 8 !Natl Bellas Hess 2% Can Marc .... 3 Newmont Min. 50 Carrier Corp. . 5% Nia Hud Pwr.. 5% Cities Serv .... 2'4!Pan Am Airways 46 Consol Gos Bit 52 Park Davis ... 20% Cord Corp .... 7% Penn Road 3 Creole Petrol... 11 'St Regis Paper.. 3 Deere &Cos 31 Sal Crk Prod... 5% Distillers Lim. 20 jShenvin Wms.. 43 Distillers Corp. of Ind 30*4 El Bd & 8h... 16'iStd of Kv 15% Fisk Rubber... 7%|Stut.z Mts 7% Ford of Can A 10%)Technicolor Ind. 11*4 Ford of Europe 5% Teck Hughes Gd 6% Gen Aviation.. 5% Un Pwr &Lt A 3% Gt Atl & Pac.,130 jW r r Harg Min.. 7% Glen Alden Coal 12% I

Foreign Exchange

(By Abbott, Hoppin & Cos.) —NoV. 3 Close. Sterling, England $4.85% Franc, France 0509 % Lira. Italy 0810 Belg'as, Belgium 2175 Mark, Germany 3710 Guilder, Holland 6270 Peseta. Spain 1304 Krone, Norway 2445 Krone, Denmark 2175

Daily Price Index

By United Press NEW YORK, Nov. 3.—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 Average. 100) Today 99.78 Yesterday 99.18 Week ago 1C1.12 Month ago 101.13 Year ago 73.05 1933 High (July 18) 115.52 1933 Low (Jan. 20) 67.86 (Copyright. 1933, bv Dun & Bradstreet, Inc.)

U. S. Government Bonds

NEW YORK, Nov. 3.—Closing Liberty Bonds: (Decimals Represent 32nds i Liberty 3'is (32-47) 101.21 First 4>s (32-47) 102.12 Fourth 4Vs (33-38) 103.1 Treasury 44s (47-52) 109. 4s (44-541 104.30 3*4s (46-58) 103.14 3*S (43-47) 100.24 3 3 as (41-43) March 100.30 3 3 s i4O-43) June 100.31 3‘ss (46-49) 98.17 3s (51-55) 96.31 3>-'s (411 100 2 Fourth 4V4S called 101.21 Births Girls George and Dorothy Huff. 3415 Hawthorne. Ollte and Lucile Valentine, 2153 Highland Place. Oliver and Bertha McMillian. 2340 North Kevstone. George and Bertha Jones. 723 North Maxwell. Milton and Rose Scales. 1121 Laurel. Gene and Lucille Nelson. 215 North Beville. Joe and Viola Dale. 1024 West Vermont. Luther and Geneva Wade 2220 Howard. Robert and Josephine Seifert. 2334 West Twenty-second. Charles and Della Baker. 579 Lynn. William and Violet Malcolm. 329 Beauty. Walter ana Nir.a Skates, 825 Torbett. James and Inez Tanner. 1408 Yandes. Lemuel and Lanese Radford. 912 East Thirteenth. Hugo and Opal Simon 914 Buchanan. Raymond and W’aneda Cline. 1004 South Kevstone. Boys Virgil and Sylvia Rogers. 1217 English. Everett and Mary Chilers, 1921 South Delaware? Charles and Angela Mears. 1321 Blaine. Neal and Ada Snyder. 657 Arbor. Joe and Etheline Thomas. 438 West Court. Charles and Ruth Cook. 815 East North. Chester and Hilda Healton. 409 <South Holmes. Rollin and lola Shafer 2353 Sheldon. Matley and Nadine Smith. 941 Fayette. Thomas and Lola Currv. 550 West Twenty-sixth. Plumbing Permits Wm. F. Steck. 618 E Morris, 3 fixtures. Geo. Conrad. 408 E Washington, 4 fixtures. Chas. Stolte. 115-17 Shelby. 2 fixtures. Chas. Stolte. 110-12 E. Georgia. 2 fixtures Chas. Stolte. 110 S-8 E. Georgia, 2 fixtures. C. Greiner. 843 barker, 1 fixture.

THE INDIANAPOLIS TIMES

On Commission Row

—Nov. 3 Fruit* Cranberries—Cape Cod early blacks. 25Ib. box. 52 Orapes—California seedless, crate. 52 25; California Tokays, crate. 51 60: Ohio Coucords, 12 2-quart baskets. 51.75: Michigan Concords. 12-quart basket. 35c;. New Ycrk, 17-lb. basket, 60c. Melons—California Honeydews. (8-9-12si 51.50; Persians (6s| per case. 52.50; Casabas ißfil per case 52 Pears—New York Bcriietts (No. Is), per bushel, 52 25; Oregon Bartletts 1135s 15G.>165si, 53.50; Avacos, Fla., 10s-16si. crate. 52 Bananas—Per pound. sV a c. Apples—Wealthy. Wolf River, Grimes Golden Jonathan. Florida (46s to 80s), 55.50 a bushel; fancy Jonathans. $2 a Box. Grapefruit—sl.4o 1.60. Prunes—ldaho Italian, 16-lb. lugs, 5110. Oranges—Calilornia Valencias, 53.50® $4.25 a box. Lemons—(36os), 53 25; (4325), 55. Vegetables Cabbage—lndiana Dannlsh. 50-lb. bag, 51; Eastern Dannlsh. 50-lb. bag. 51.15. Onions—Utah Spanish, 50-lb. bag, $1.35; Western white, 50-ib. bag. 51.50; Indiana white, 50-lb. bag. 51.25: Indiana, yellow, 50-lb. bag. 85c; 10-lb. bag, 22c. Beans—Round stringless, bushel, 51.75. Beets—Home grown, dozen, 25c; bulk per 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; IS 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, Ohios. 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, 3-lb. basket. Potatoes—Northern Round White, 100-lb. bag, $1.50; R. R. Ohios. ICO-lb. bag, $1.60; 15-lb. bag. 33c; Wyoming triumphs. 100lb. bag, J 2.10. Sweet Potatoes—lndiana Jerseys No. 1, hamper, $1.40; Nancy Halls, per bushel, $1.15.

Produce Markets

Delivered In Indianapolis prices—Hens. 8c; Leghorn hens, sc; heavy breed springers, 8c; Leghorn springers. 6c: cocks, 5 lbs. and up, sc; under 5 lbs.. 4c; ducks, 4% lbs. and over, full feathered and fat, sc; under 4% lbs., 3c; geese, full feathered and fat, 3c; No. 1 strictly fresh country run eggs, 20c, 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. Nov. 3.—Eggs—Market, steady; receipts, 1.362 cases; extra firsts. 21 %c; dirties, 12%@12%c; current receipts, 18@ 19%c. Butter—Market, unsettled; receipts. 11,971 tubs; special, 23%(§.24c; extras. 23c; extra firsts, 20 3 4®21 3 4c; firsts, 18%@19c; seconds, 17l>®.18c; standards. 21c. Poultry market unsettled; receipts 29 trucks, 1 car; fowls, 10c; Leghorn chickens. 8c: Leghorns, 7c; Rock springers. 10®10%c; ducks, 10%c; colored ducks, 9%c; geese B%c: turkeys. 13c; roosters, Bc. Cheese twins 12 %@ 12%c; Leghorns, 12%® 13 c. Potatoes — Supply liberal; demand and trading moderate; market stronger on Russets; Wisconsin Round Whites, few sales. $1.10; Minnesota and North Dakota Red River Ohios, $1.05® 1.10; South Dakota Round Whites, partly graded 80® g 5 cents; Nebraska triumphs. $1.15(0.1.25; Idaho Russets. $1.50® 1.60. mostly. [email protected]; U. S. No. 2. $1.20® 1.25. NEW YORK, Nov. 3.—Potatoes—Dull: Long Island, $1.13®3.70 per barrel; Maine, $1.05® 3.05 per barrel; Idaho, $1.90® 2.10 ger sack; Canada sl.Bo® 1.90 per barrel. weet potatoes—Dull; Jersey basket, 50c®> $1: southern barrel. $lO/1.50; southern basket. 35® 90c. Flour—Steady; springs, patents. $6.50® 6.75 per sack. Pork—Quiet; mess, $16.50 per barrel. Lard—Firm; middle west spot. $5.25®:5.35 per 100 lbs. Dressed poultry—Dull; turkeys. 10®25c; crickens, 8® 20c; broilers, 10® 22c; capons, 21® 30c; fowls. 9® 16c; ducks, 12® 13c; Long Island ducks. 14@15c. Live poultry —Weak; geese, B®l2c: turkeys. 10 (ft. 20c; roosters. Sc; ducks, 8®llc; fowls, 7© 14c; chickens. 10® 14c. Cheese—Steady; state | Whole milk, fancy to specials. 20%®21%c; Young Americas, fresh, 12%®. 13%e. Butter—Receipts, 9.685 packages; market steady; creamery, higher than extras. 24*4 ®2sc; extras, 92 score. 24c: firsts. 90 to 91 score. 21 Vi® 23c; firsts, 88 to 89 score, 19%®20%c: seconds. 18%c. Eggs— Receipts. 5.784 cases: market firmer; special packings including unusual hennery selections. 27® 33c; standards. 25® 25%c; firsts. 21%c; seconds. 17® 18c; mediums, 16c; dirties, 16c: checks. 13%®12%c. CLEVELAND. No'v. 3.—Butter—Market, firm: extras, 27c: standards, 25c per lb., in tubs. Eggs—Market, firm; extra whites, 32c; extra browns. 25c; extra firsts, 23c: current receipts, 20c; fresh pullets, 13c. Poultry—Market, steady; colored fowls, 4 1 2 lbs. and up. 13c; colored fowls, medium. lie; Leghorn fowls, 3 lbs. and up, 9c; Leghorn fowls, light, 7c; springer Rocks. 4% lbs. and up. 12c; springers, colored, 3Vi lbs. and up. 10c; springer Leghorns, 9c; springers, light. 10c: broilers, colored, 10c; ducks, white. 5 lbs. and up, 11c: ducks, light, 9c; geese, heavy fat, 11c; turkeys, young, 18; old, 16c; roosters, 8c; old turkeys, 12c. CINCINNATI, Nov. 3.—Butter—Packing stock, No. 2,14 c; No. 3,10 c; butterfat, 17c. Eggs—Firm; (cases included 1 extra firsts. 30c; seconds, 21c; nearby ungraded, 27c. Live poultry—(Following quotations represent prices for poultry in good healthy condition; thin and coarse stock sells only at heavy discount)—Fowls, 5 lbs. and over. 10 1 2 c; 4 lbs. and over. 9c--3 lbs. and over. 8c; Leghorns, 3 lbs. and over, 7c; roosters, 6c; colored broilers, 1 lb. and over. 15c; 1% lbs. and over, 13c; 2 lbs. and over. 12c; colored fryers. 3 lbs and over. 12c: roasting chickens'. 4 lbs. and over, 12c; Leghorn broilers. 1 lb. and over. 15c; I>2 lbs. and over ,13c; 2 lbs. and over, 9c; partly feathered, c; ducks, under s., sell at liberal concessions; ducks, white. 4 lbs. and over. 8c; under 4 lbs., 7c; colored. 4 lbs. and over), 7c; under 4 lbs. 6c; guineas, old. 8c; young guineas, 1% lbs. and over, 15c; 2 lbs. and over, 15cNo. 1 turkeys, young hens, 8 lbs. and over -and young toms, 10-15 lbs., 13Vic; young toms, over 15 lbs., 16c. Other Livestock BY UNITED PRESS „ CINCINNATI, Nov. 3.—Hogs—Receipts, 2 500 head, including 220 directs and through: holdover, 95 head: slow; early s ? Ie „ s „ ri 80 ,' 250 lbs -- steady to $5; higher at $4.20 to mcstly $4.25; some bids steady to 5c lower; bulk of run unsold; few 250300 lbs., S4® 4.15; lighter weights sharply higher; better 160-180 lbs., 14.15; desirable 130-150 lbs., 53.85® 4.05; packing sows strong: bulk good. 53®3.25. CattleReceipts. 475; calves, receipts, 300: general market sluggish with most offerings selling on peddling basis: mostly ;-teaay to weak- few lots fed steers ana heifers, 4.254(0 75; small lot very good heifers, JS-25; most offerings kinds to sell from $2.50® 3.oO; bulk beef cows, 52.25®3; low cutters and cutters. sl®2; bulls weak to 25c lower; bulk calves low, around steady; bulk good to choice. $5.50® 6.50; plainer kinds from $5 downward’. Sheep—Receipts, 400: hardly enough offered to make a market; most interests talking around steady, quality consideredbulk fat lambs quotable from S6///6.50; throwouts from $5 downward and culls around $3; fat aged ewes, sl®2. , PITTSBURGH. Nov. 3.—Hogs—Receipts, 1,000; holdovers, 600; fair demand 15c higher on weights. 170-220 lbs., at mostly $4.50; 220-250 lbs., $4.25® 4.50; nothing done on other weights: 250-300 lbs., quotable $3,754/4.25; 150 lbs. down. $3.50®4; packing sows. $3,254/3.75. Cattle—Receipts 15; nominal; calves, receipts. 100; steady to 50c lower on better grade vealers; very slow; bulk good and choice. SO4/ 6.50. Sheep—Receipts. 500; 10c higher on choice sorted lambs; fat and tulk, S6.GO; medium, $4®4.76; common J2.50® 4; aged wethers. S3 down; ewes. $1®2.50. KANSAS CITY, Nov. 3.—Hogs—Receipts, 3.000. Including 320 directs. Closing fairly active, around steady with Thursday's late trade or 10c lower than average; top. $4; freely on choice, 180-240 lbs., fight lights. 140-160 lbs., $3.50® 3.85: light weight. 160-200 lbs., $3,754/ 4: medium weights. 200-250 lbs.. $3.90® 4: heavy weights. 2501350 rbs., $3,454/ 4; packing sows. $2.40® 3.25; feeder and Stocker pigs. $3.25®3.60. Cattle—Receipts. 700: calves, receipts, 200; killing classes generally steady in a cleanuo trade; Stockers and feeders slow, weak: steers, good and choice, 550-1500 ibs.. $44/ 6 25: steers, common and medium. $2.75® 4.60; heifers, good and choice, 550-900 lbs., $4.50® 6: cows, s2® 3.25; vealers. S3® 6; Stockers and feeders. $3.50® 5. Sheep—Receipts, 1.000; most native lambs around 10c higher: top and bulk, $6.35; no range lambs offered TOLEDO. Nov. 3.—Hogs—Receipts, 1?5: market steady. Cattle —Receipts, light; market steady. Calves—Receipts, light; market steady. Sheep and Lambs —Receipts. light; market steady. By Times Special LOUISVILLE, Nov. 3.—Cattle —Receipts. 200; supply light, demand limited; trading slow and barely steady on all classes: bulk common to medium grass steers and heifers quotable. 52.75®3.75; best fed lightweights eligible to $5.50; beef cows and bulls mostly $2.50 down; low cutters and cutters, 75C551.25: bulk common to medium native stockers and feeders. S2S3: few $3.50; best hereford heifer stock calves. $4 50. Calves. 250; most better vealers, $4.50®5: strictly choice kinds eligible higher; medium and lower grades, $4 down. Hogs. 450; market mostly 5 cents higher; few sales 10 cents up; bulk ISO-235 lbs., weights. 54.15: 240-275 lbs . $3 70; 280 lbs., up. S3 45: 140-175 lbs . $3 35: 100-135 lbs., $2.65: 95 ibs. down. 52.15: sows. $2.30; stags. $1 25. Sheep—Receipts. 150; steady; mos* medium to good lambs. $5 50® 6; choice grade eligible higher: bucks ir.ainlv $4,504/ 5; throwouts. $3 50: fat ewe?. $1 2. Receipts ve'terdav: Cat'le. 119: calves. 94: hogs. 326: sheep. 121. Shipmen's venerda--; Cattle. 92; calves. 103: hog?. 114: sheep. 270. NEW YORK COFFEE FUTURES -Mi" 3 SANTOA High Low Close January 8 17 March 3.26 8.25 8 26 May 8.27 July 8.29 8.27 828 September 8 48 December 8.15 RIO January 5 86 March 5 93 May 6 00 July j. 6.05 September 8-fQ 6.14 6.14 December a 5.86

PORKERS DOWN 5 TO 10 CENTS AT CITY YARDS Cattle, Vealers Stationary; Lambs Show Strong Undertone. Porker prices were weak to around 5 to 10 cents lower than Thursday’s average at the Union Stockyards yesterday. The decline was effective in most all clases. Bulk, 160 to 300 pounds, sold for $4 to $4.05. Initial top held at $4.10. Heavy weights from 300 pounds up were salable at $3.85 to $3.95, while 130 to 160 pounds brought $3.65 to $3.85. Small weights from 100 to 130 pounds sold at $3.15 to $3.40. Receipts were estimated at 6,000. Holdovers, 162. Usual Friday clean-up trade prevailed in slaughter steers, with most all prices unchanged. Practically all slaughter grades held under $5. Receipts were 400. Vealers continued at a steady trading range, selling at $6.50 down. Receipts numbered 400. Considerable strength was evident in the lambs market, with most classes showing a 25 to 50-cent jncrease. Ewe and weather kinds were salable at $7 down, while bucks j ranged at $6 down. Throwouts moved I down to $4. Receipts were 600. Few early sales and bids on hogs at Chicago were steady to strong at j Thursday’s average. Early top held ;at $4.25. Receipts were estimated at j 14,000, including 5,000 directs. Holdovers, 4,000. Cattle receipts numbered 1,000; calves, 600; market stationary. Sheep receipts, 7,000; market, steady to strong. HOGS Oct. Bulk. Top. Receipts. 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 2. 4.05® 4.15 4.15 5.000 3. 4.00® 4.05 4.10 6,000 Market, lower. (140-160) Good and choice... .$3.75® 3.85 —Light Weights—-(l6o-180) Good and choice.... 4.00 (180-200) Good and choice.... 4.00 —Medium Weights—-(2oo-220- Good and choice.... 4.05® 4.10 (220-250) Good and choice.... 4.05® 4.10 —Heavy Weights—-(2so-3501 Good and choice.... 4 00® 4.05 (290-350) Good and choice 3.90® 4.00 —Packing Sows—(36o down) Good 3.50® 3.75 (350 up) Good 3.35® 3.60 (All weights) medium 3.00® 3.50 —Slaughter Pigs—-(loo-130) Good and choice.... 3.15® 3.40 CATTLE Receipts, 400; market, steady. (1.050-1,1001 Good and choice $5.00® 6.25 Common and medium 3.00® 5.00 (1.100-1,500) 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.so® 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' Good (beefl 250® 3.25 Cutter, common and medium.. 1.50® 2.50 ' VEALERS Receipts, 400; market, steady. Good and choice $ 6.00® 6.50 Medium 4.00@ 6.00 Cull and common 2.00®4 .00 —Calves—-(2so-500) Good and choice 4.00® 5.00 Common and medium 7 2.00® 4.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4 25® 5.00 Common and medium .... 3!00® 4.25 (800-1,500) Good and choice 4.25® 45.00 Common and medium 3.00® 4.25 SHEEP AND LAMES Receipts, 600; market, higher. —Lamms—(9o lbs. down) Gd. and choice.s 6.25® 7.00 (90 lbs. down) Com. and med. 3.50® 6.25 —Ewes— Good and choice 1.75@ 2.75 Common and medium ' I.oo® 1.75 Other Livestock BY UNITED PRESS CHICAGO, Nov. 3. Hogs Receipts, 14,000. including 5,000 directs, slow 5 to 10c higher than yesterday's average; packing sows steady to 10c lower; bulk 170-310 lbs., s4® 4.25: top. $4.30; pigs and light lights, $3,254/4; packing sows, $3®3.40; light lights, 140-160 lbs., good and choice, $3.65(1/ 4; light weight, 160-200 lbs., good and choice, $3.85®4.25; medium weights, 200-250 lbs., good and choice, $4.15(1/4.30; heavy weights, 250-350 lbs., good and choice, $3.65®.4.25; packing sows, 275-550 lbs., medium and choice, $2.75®3.60; slaughter pigs, 100-130 lbs., good and choice, $34/3.75. Cattle—Receipts. 1,000; calves, ‘ receipts, 600; market uneven, no reliable outlet for steers scaling 1,000 lbs. and up; took few weighty bullocks off market; yearlings and light steers about sady; same tone for ight heifers and mixed yearlings; both steers and heifers slow at $4.50 down to $3 and below;, cows steady; most western grass cows, $2.75® 3.50; bulls and veal steady; bulk yeaiers, $4.50(8(6; slaughter cattle and vealers, steers, 550-900 lbs., good and cnoice, $5.25®6.25; 900-1 ICO lbs., good and choice, $54/6.10; 110-1300 lbs., good and choice, $4.50®.6; 1300-1500 lbs., good and choice, $4,254/ 5.75; 550-1300 lbs., common and medium, $2,754/ 5; heifers, 550-750 lbs., good and choice. $5,254/6.25; common and medium, $34/ cows, good, $34/4.25: common and medium, $2,854/3; low cutter and cutter. $1,354(2.25; bulls, yearlings excluded, good beef. $34/ 3.40; cutter, common and medium, *2<u,3.25; vealers. good and choice, ss® 6.50; medium. $44/5; cull and common, s3® 4: stocker and feeder cattle, steers. 550-1050 lbs., good and choice. $3.50®5; common and 'medium, $2,254/3.50. Sheep—Receipts, 4.000; fat lambs strong to 15c higher; nest natives, $7.; top natives early $6.85; sheep steady; feeders strong; desirables. $64i6.25- Tnurs- | day’s late sales on rangers, $6.50®6.75; nest, 70 lbs., $6.25; slaught*- sheep and lambs, lambs 90 Ibs. dowfi, good and choice, $3.85®,7; common and medium, 54.504/.6; ewes, 90-150 lbs., good and choice, $1,504(2.75: all weights, common and medium, $1,254/2.25; leeding lambs, I 50-75 lbs., good and choice, $6®.6.60. EAST ST. LOUIS. 11*1., Nov. 3.—Hogs— j Receipts. 6.500; market, steady to strong; pigs steady to 10c lower; top, $4.20; 160- I 250 lbs., 54.104/4.15: heavies scarce. 140- j 150 lbs.. $3,754/ 4; 100-130 lbs., $3.16®3.65; I sows. $3,104/3.50. Cattle—Receipts, 800: calves, receipts, 600; market, vealers 25c ] lower with practical top $5.75; other classes about steady in clean-up trade i with hardly enough on sale to make a j market; a few mixed yearlings and hellers. I 33.504/ 5: cows, $2.25® 2.75; low cutters. $1,254/ 1.50; top sausage slaughter steers. 550-1100 lbs., good and j choice, $5.25® 6.25: common and medium. $2,754(5.50: 1100-1500 lbs., choice. $54/ good. $4,504/5.75; medium. $3.75®5.25. , Sheep—Receipts, 1.000; market, not yet < established; indications steady or mostly ; $64/ 6.25 on desirable lambs; some held around $6.50 or above; lambs, 90 lbs. down. 1 good and choice, s6® 6.50; common and | medium. $3,504/ 6: yearling wethers. 9(j-110 lbs., good and choice. $44/5; ewes. 90-150 j lbs., good and choice. $1,504/2.75; all weights common and medium. sl®2. EAST BUFFALO. Nov. 3 —Hogs—Receipts, 2.200; holdovers. 861: active to all ■ interests: stqadv with vesterdav's average: desirable 200-250 lbs.. $4.50; bulk, 160-210 lbs., 54.40: few, $4.35; pigs and underweights. $44/4.40; packing sows. 53.354/ 3.50. Cattle—Receipts, 525; market, dull; most bids and scattered sales around 25c lower; few 600-lb. yearlings. $6.25: bulk grass steers and heifers eligible, S3 254/4: few cutlery steers downward to $2.10; cutter grade cows. $1®1.75. Calves—Receipts, 400: vealers slow, barely steady; good to choice. $7: common and medium, $4.50'/ 5.75. Sheep—Receipts. 2.000; lambs fairlv active, steady to 2ac higher; better grades up most; good to choice ewes and wethers, 56.50® 6.85, mainly $6.75®6.E5: j medium kinds and fat bucks, 30c®6; 1 throwouts, $5 down. FT. WAYNE, Nov. 3.—Hogs—loc lower; 1 200-225 lbs.. $3.95; 160-200 lbs.. 53.80 225300 ibs., S3 85: 300-350 lbs. 53.75; 150-160 lbs.. $3 65: 140-150 lbs.. 53.45: 130-140 lbs.. S3 20: 100-130 lbs.. $2.75® 3! roughs, $3; stags. $2; calves, $6: lambs. $6. LAFAYETTE. Nov. 3 —Hog market. sto j 15 cents lower: 200-250 lbs.. $3.85® 3.80: 250-300 lbs.. 53.80: 300-325 lbs.. 53.75 150200 lbs.. S3 50 ® 3 80; 130-150 lbs $3.20® 3.40; 130 lbs. down, $3; roughs. 53.35. Top i calves, $5.50. Top lambs. $5.50. CLEVELAND, Nov. 3.—Cattle—Receipts. ! 200: market improved and prices steady i with week's average, choice steers. $64; j 6.60: other steers. 63.254/5.50, according to I weights and grades: common to good heifers s3® 4.50; medium to good cows, S2® j 3 25. Calves—Receipts. 200; market slow ! and about steady today: 20 cents lower for week; choice to prime. $7 7 7 50: choice to good, $6,504/ 7' common. S3 :/5. Sheep—Receipts. 1.000: market about steady with prices unchanged at $6 50 top: 25®35 cents lower for week: choice wethers. $2.507 j 3 26; choice spring lambs, $6,254(6.50; good \ to choice. 5636 25; common ar,d cull, 52.50® 4,50. Hogs—Rceipts, 700: market unchanged, bulk at $4.10; prices down 25 to 40 cents for the week; heavies. $4®4.10; choice butchers. $4.10 and light butchers and choice Yorkers the same, stags, $2; I roughs, $3; pigs, $3.50.

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

Market Average a * m Twenty Active Issues Listed on the N. Y. Stock Exchange.

AUSUST SEPTeMBBI?. OCTOBER-r-..7 H II a i II '8 it l lg U 30 if ' . MCN. _4 y , y 1 1 1 [ 1 £—\ 70 ! zzznii 5 6s, r - ! — 1 *—6s IU ,| 1 ,|F; ! TH-i-"-tl IYSBe 1 .. . ... .If ii,7~ 1})-H 4! 59^t--fi-11 j i ... !■■■- |pl . L ! S9 5 r —• —r —i ——t f I ——{ — —ss - ■■ f— ■■■■ i ; * _ ,— * $7 o S€ r \ ; f r- S5 1 11 r 1 - --- 2 —j—.lt t 52 j 1 | 1 j i j 1 ! ; -—52 Xsl ; ; ] t t * ! t : — sl *SO | 1 1 i 1 s i 1 t 1 r 50 X 49 t 1 49 ? 900 : 3 1 ;'” ues U-| —46 1 i l \ j j j [TUftPEOj | . I j 1 i sop ~ ||i i soo

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

Chicago Stocks Bv Abbott, flopnin & Cos "

TOTAL SALES 33,000 SHARES —Nov. 3 High. Low. Close. American Yvette V Asbestos Mfg 3-‘( Associated Tel & Tel A 4 3 4 Assoc Tel Util A pfd % Assoc Tel Util 6% pfd .. ... 3 4 Bastian-Blessing 7 6% 6-< Bendix Aviation 13Vs Berghoff Brew Cos 8 1 /* B',B 8 3 4 Borg-Warner 16 15 16 E L Bruce Cos 15 14 Id Butler Bros 3 7 s Cent & So West 1 Cent & So W P L pfd .. ... 8 * Chi & North Western.. BVB 7% 8V Chicago Corp com 2 3 e 214 2 s Chicago Corp pfd 22 Chicago Electric Mfg A .. ... 3 Chicago Mail Order .. .. ... Cities Service 2'/s 2 2 Commomvealth Edison.. 38'i S6\ 38 ( Cord Corp Z 2 Crane Cos s'* 5 3 Crane Cos pfd 44 Curtis Mfg Cos °,s Dexter Cos ••• Fltzsim & Connell 13'/2 13 13 Gen House Util 14 13 13 3 , Godchaux “B” „°, 2 Goldblatt Bros 20 >* Great Lakes Aircraft Ja Great Lakes Dredge.... lO'/b 18Y8 19|a Greyhound Corp OV2 Grigsbv-Grunow 15/sl 5 /s IV2 1% Hall Printing 4 Houdailie-Hershey A 10 Houdaille-Hershey B 3>4 Kalamazoo Stove 18 17*4 13 Kingsbury Brew C 0.... 8 /7% 8 Lion Oil Refining Cos.. .. ... s'® Lynch Corp 31% 3i 31% Mopes Cons Mfg Cos • ■ 34 Marshall Field 12*4 12% 12V2

Bright Spots

By United Press Coca Cola Company earns September quarter net net profit of $3,181,494, against $2,679,016 in similar 1932 period. Pullman, Inc., earns third quarter net income of $353,491, against net loss of $860,487 in preceding quarter. Dun & Bredstreet, Inc., reports bank clearings last week were $4,539,416,000, up 10.9 per cent form corresponding 1932 week. Poor & Cos. estimates its thirdquarter net profit at SIO,OOO, compared with a net loss of $151,000 in similar period last year. Consolidated Cigar Corporation reports September quarter net income of $160,374, against $77,731 in previous three months.

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 a 75 Coke, egg size 8.75 Indiana, forked lump 5.50® 575 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 825 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.

HORIZONTAL Answer to Previous Puzzle | 11 £he wrote 1 Who is the , . | , - "Death Comes novelist in the ... {RiQlSii-. P| 1 for the Archpicture? L lA.DiEji Ai I MIE. DBißjlok . 11 Misrepre- U 5 EjßV'l sented. MiPawCiA L KSaS LOTBSIR 14 Father. 12 Departed by FSWM A S W O EJHL 16 To gaze boat. EVE IN T ROBERT rapra fixedly. 14 3.1416. KQIMiAIN RIE NiEIW 18 Fragrant 15 Washes. MWjjOE IXJLLAK | |PEjBr oleoresin. 17 To drag f'iOBOID 20 Helmsman. through mud. NiOIBWS All iL 11 N GBA LIE 24 Flavor. 19 Snake. *~~|N UlTMT'pl 1 pf jMnrTtdr' 27 she won th . 21 To lease. |E|EmT|eBBO;N,EHUOiOT|S| prize for 22 Nothing. iMIEIRIcIHIAiNrT iCTaIRI I Inlel One of Ours.” 23 Pronoun. 28 To repulse. 25 Inlet. 40 To relax. start writing 30 Homes for 26 To exist. 42 The pictured for a bees--27 Pertaining to lady is a suc . (pi.). 32 Verses. the poles. cessful ess. VERTICAL 34 ° n f. wh ° 29 Measure of , writes area. 4 f J? ale < : at ’ 1 You and l. tediously. 31 Designating a - 2 Sick. 86 Quotes, method of s c^ a '! n f e 4 3 Falsifier 39 Fate, shaft exca- 51 Pe , rtaining t 0 4 Starting bar. :41 Bulb flower, vation. animals. 5 Q enera i 43 Above. 33 Roof covering 53 Biblical glandular 44 Pedal digit. with finial. exclamation. enlargement. , 45 To renovate. 35 Theme of a 55 Equable 6 Like. 47 Deportment, talk. 56 Wrens. 7 Small flap. ’49 Plantain tree. 37 Suffix for 68 Fodder vats. 8 To hasten. • 52 Billiard rod. forming nouns. 60 Before. 9 Tree, genus 54 To skip. 38 Structural 61 and 62 She se- Ulmus. 57 Southwest, unit. cured her 10 Bridle strap. ’ 59 Southeast. 12 3 |4 15 I Ifc 17 [6 Id 1)0 nJ— IP ,fe IF TrTI " ~ 51 B£ HIP 54 ——— S* r- □ mm 51 ps| £-> m—> ■■iMiMaaai tt—* —. „ MJI , „ - - ’ *’ ' . •

IntT Harvester Johns-Manvlll* Nat Biscuit Pub S. cf N J Sears Roebuck Stand, of N J. Un. Aircraft U. S Steel Union Pacific Westinghouse

McQuay-Norrls 40* 3 Mickelberrv's Food Prod .. ... 2% National Battery 23 National Leather ... l l * National-Standard ... 20*2 Noblitt-Sparks Ind Inc 25 24 25 Prima Cos 10‘i 10 105 * Public Service ... 18 Public Service N P 18 17V 8 18 Quaker Oats ... 116 Raytheon V T C 1% Reliance Mfg Cos . . 12 Sears Roebuck 39*4 38 39*4 Swift & Cos 14*2 13*2 14*2 Swift International . 23*4 23 23', Thompson, JR....... 8 7 3 4 7 3 < U S Gypsum, Com 44*, Utah ftadio 1% Vortex Cun Cos 'A' 25 Walgreen Cos., Com .. 17% 17*2 17%

In the Cotton Market

—Nov. 3 CHICAGO High. Low. Close. January %77 9.70 9.77 March 9.93 9.87 9.93 May 10.09 10.00 10 09 July 10.22 10.14 10.22 October 10.35 10.30 10.35 December 9.72 9.62 9.72 NEW YORK January 9.70 9.63 9.69 March 9.85 9.78 9.84 May 9.99 9.01 9.98 July 10.13 10,05 10.12 December 9.64 9.54 9.62 NEW ORLEANS January 9.67 9 64 9.65 March 9.83 9,76 9.81 May 9.95 9.88 9.95 July 10.05 10.03 10.03 December 9.58 9.50 9.57 METRO PLAYERS TO GIVE 3-ACT COMEDY Hebrew Congregation Will Sponsor Drama Presentation. A prominent part in the cast of “George in a Jam,” a three-act comedy to be presented Sunday by the MetrS players, will be played by

Miss Mae Jean Klapper. The play is sponsored by the Congregation Knesses Israel, and will be presented at 8:15 p. m. at Kirshbaum petiter. A dance will follow the performance. Other members of the cast are Constance Borman, Eva Bluestein, Kalah Larin an, Helen M a r e r, Edward

k

Miss Klapper

Hasse, Arthur Reiser, Al Levin, Randy Klapper and Sidney Hasse. Members of the congregation will aid in staging the performance. When frightened, rabbits stamp several times on the ground with their hind feet, making a sound which can be heard a long way off, this serves as a danger signal to fellow rabbits, who scamper off to safety.

PAGE 7

STRONG NEWS SENDS FUTURE PRICES HIGHER Strength in Foreign Marts and Gold Increase Are Factors. BY HARMAN W. NICHOLS United Press Staff Correspondent CHICAGO. Nov. 4.—Strength in foreign markets and another advance in the price of newly mined gold were deciding influences in ! sending markets higher on the Board ! of Trade yesterday. At the close wheat was 1% to 2'i j cents higher; corn was 2 to 2% | cents higher; oats up l's to 1%, and rye 1 to 1\ higher. All grains opened higher and , though there were periodic setbacks in wheat, the principal grain main- ' tained a generally firm undertone. Corn also was stronger, and May at one time rose above 50 cents. Profit-Taking Absorbed Oats were firmer than for some days and were inclined to follow* the action of other grains. Wheat was irregular although the undertone was strong and Washington news continued to be the main influence. Strength in foreign markets and the continued advance in the price of newly mined gold also were factors. Profit-taking during the first half hour quickly was absorbed. The cash price was unchanged. Receipts were fifteen cars. Liverpool was higher. Corn was active and higher, with May at one time advancing to 50 cents. News that a leading corn products plant was to close pending the hearing on the processing tax to be imposed Nov. 5 had little effect as a market factor. Cash Prices Strong The country continued to hold old corn and there were no bookings. The cash price was 1 cent higher and receipts were 186 cars. Oats were strong during the morning and generally followed the action of other grains. Sales during the first half hour amounted to 1 30,000 bushels. The cash price w r as •li cent higher. Receipts were 17 cars. Chicago Primary Receipts i —Nov. 3 Bushsla To/lav Last, We?k Wheat 503.000 457,000 Corn 784.000 619,000 ! Oats 165,000 121,000 Chicago Futures Range —Nov. 3. WHEAT— Prev. Open. High. Low. Close, close. Dec. .. .86*4 .87% .85% .87% .85% May .. .88% .90% .87% .90% .87% July . . .86% .87% .85% .87% .85% CORN— Dec. .. .43% 45 .43 .44% .42% May .. .49% .51% .49% .51 .40 July.. .51% .53 .51% .52% .50% OATS— Dec. . .33% .34*2 .33*, .34% .33% May .. 36*4 .37% .36 .37V* .36 July . . .35 .36 .34% .35% .34% I RYE— I Dec. .. .55% .57 .55% .57 .553% May .. .61% .63% .61% 63% .61% July .. .61*4 .62 .60% .62 .6. BARLEY— Dec 46 .46% .45% .46% .45*% May ... .50% .51*2 .50% 51% 50 July 52% .51 LARD— Doc. ..5.15 5.20 5.15 5.20 5.10 Jan ...5.75 5.75 5.75 5.75 5.70 May .615 6.15 6.15 6.15 6.02 CHICAGO CASH GRAIN By United Press CHICAGO. Nov. 3.—Grain close: Wheat —No. 1 mixed. S3%c; sample hard, 79*4c; No. 2 red. 86*2''/8fi 3 ,c; No. 3 northern, 82*2C. Corn (old) —No. 2 mixed, 42c; No. f yellow, 42%c; No. 2 yellow. 42®42%c; No. 3 yellow, 41<®41%c; No. 5 yellow, 38%c: sample grade. 31c: -(new) No. 4 mixed, 35%c; No. 3 yellow. 37*2®39‘4c; No. 4 vellow, 35%® 36*40: No. 5 yellow, 33%®35%c; No. 3 white. 38%®40c; No. 4 white, 36*,c; (new and old) No. 3 yellow, 40‘ec; No. 4 vellow, 40c. Oats—No. 2 white 31%® 35 *, c. No. 3 white. 334/33%c; No. 4 white. 32%c: sample grade, 30c. Barley—4o4? 74c Timothy—ss.so® 6. Rye —No. I. 62 3 ,c Cash provisions: Lard, $5.10; loose, $4.90; leaf. $5; D. S. bellies. $5.12. TOLEDO CASH GRAIN By United Press TOLEDO. Nov. 3.—Grain close: (Grain in elevators, transit billing I—Wheat—No.1—Wheat—No. 2 red, 89*/2®90%c. Corn—No. 2 yellow, 48® 49c. Oats—No. 2 white. 38'2®39%c.- Rye —No. 2. 70*2® 71*2C. (Track prices. 28%c rate)—Wheat—No. 1 red. 86*'2@87%c; No. 2 red, 85*,2@86%c. Corn—No, 2 yellow, 43*2Tt/44*2C- No. 3 vellow, 42%@43%C. Oats—No. 2 white, 35%®37c: No. 3 white, 34%® 26c. Seed close. Clover—December, $7.50; March, $7.75. Alsike—Cash. $8.50; December, $8.70. By United Press ST. LOUIS CASH GRAINS ST. LOUIB. Nov. 3.—Cash grain: Wheat —ln good demand. 2 to 2%c higher on red and 1 to 2%c higher on hard grades; No. 1 red. 90c- No. 2 red. 89%®90c; No. 3 red, 88 1 2c; No. 5 red, 85%c: No. 1 hard 87®> 88c; No. 2 hard. 86*2® 88c; No. 4 hard 85c; No. 2 mixed. 87&88%c. Corn—ln good demand. 1 to %c higher; No. 3 mixed, 40c; No. 2 yellow, 43c; No. 3 yellow. 41%®.42%c; No. 2 white, 45c; No. 5 white. 34%®41c. Oats—ln good demand, Ito 1 *2c higher; No. 3 white, 35c; No. 1 mixed, 35%c.

Indianapolis Cash Grain

—Nov. 3 The bids for car lots of grain at the call of the Indianapolis Board of Trade f. 0. b.. shipping point, basis 4% New York rate, were; Wheat—Firm; No. 1 red. 80%@81%c; No 2 red. 79%®30%c; No. 2 hard, 79%® 80*20. „ Co Z n -rS tTOD 2’ Nt >- 2 white, 38%®39%c; No 3 white, 37%®38%c; No. 2 yellow. 35*% <?/ 36%c; No. 3 yellow. 34%®35%c; No. 2 mixed, 34%®35%c: No. 3 mixed. 33®34%c. Oats—Steady; No. 2 white, 31®32c; No. 3 white, 30@31c. Hay if. 0 b. country point* taking 2%c or less rates to Cincinnati or Louisville)—No 1 timothy. sß® 6.50, No. 2 timothy, $5.50®6. __ . —lnspections Wheat—No. 1 red, 3 cars; No. 2 red 3 cars: No. 3.red, 1 car: No. 3 hard, 1 car. Total. 8 cars. Corn—No. 2 white. 6 cars; No. 3 white. 3 cars; No. 2 yellow. 4 cars; No. 3 yellow 10 cars; No. 4 yellow. 5 cars; No. 5 yellow. 8 cars; No 6 yellow 1 car; No. 3 mixed 1 car Total. 38 cars. Oats—No. 2 white. 4 cars; No. 3 white, 5 cars; No. 4 white. 4 cars. Total. 13 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 76 cents ror No. 2 son. rea wneat. uteer grades on tfceir merits Deaths Josephine B Folsom. 83, 2121 Ringgold, cerebral hemorrhage. George C. Terrill. 78. 410 S. Emerson, cerebral hemorrhage. Edward L Graham. 78, Methodist hospital acute myocarditis. Ella Della Fortner. 64, 1305 S. Pershing, pulmonary tuberculosis. Florence Oaklev. 25. 2166 N. Temple, lobar pneumonia. Viola Steinwedel, 34. St. Vincents hospital, carcinoma. Albert S.ikpp. 51. Long hospital, septicaemia Marlon Lybcock, 1. Methodist hospital, broncho pneumonia. , Albert Cecil Allen. 2 months, city hospital. broncho pneumonia. Francis Mae Bunton, 17. Long hospital, appendicitis. Charles Wilfred Wally. 4 months, city hospital, bror.cho pneumonia. Floy Barrows. 39, Methodist hospital, chronic myocarditis. Charles E Creasey, 72, 1039 Berwyn, chronic myocarditis. Walter g. Newby. 60 330 N. Keystone, cerebral hemorrhage. Leonard Nugent. 38. 2048 Roosevelt, pulmonary tuberculosis. Thomas Marshall Adams. 23, 5802 East Thirtieth, multiple abscess Our Women’s Department Will gladly assist you in your present-day investment problems. * T. P. Burke & Cos. Incorporated 217-22+ CIRCLE TOWER RHONE Riley ir.„—rrvrnrv pink TOWER.