Indianapolis Times, Volume 45, Number 155, Indianapolis, Marion County, 8 November 1933 — Page 16

PAGE 16

Wall Street Gold Program Boosts Profits of Dollar “Traitors,” but Fact Does Not Prove Program Is Faulty. By RALPH HENDERSHOT Time* Special Financial Writer

An executive of an important rubber company, who declines to permit the use of his name. makes the point, that the government's opilcy of purchasing gold abroad tends to play into the hands of people who “sold the country short'' by shipping their funds to Europe to avoid the depreciation of the dollar. Obviously this is true. To get the gold the government must sell dollars and buy foreign currencies, thus driving

dollars down in value and foreign currencies up and making the spread of profit greater for those who, as this gentleman says, sold the United States short. That the government's policy is not a good one by reason of this fact does not necessarily follow, however. Speculators have profited by the attempt of the government to rais commodity prices also, and they have profited by the efforts of those who have worked so hard to secure repeal of the eighteenth amendment. These profits, though, have been unavoidable by products, rather than the purposes of the actions. In all probability President Roosevelt has no desire to add to the profits of the "short sellers.” There is reason to believe, in fact, that he would take them across the government’s knee if it were passible, in the same fashion that he proposes to spank the hoarders of gold in this country. He placed an embargo on the shipments of gold out of the country in order to halt their efforts, but there is no law which prevents a

Ralph Hendershot

person from shipping goods abroad and keeping the proceeds in foreign currencies in the hope of foreign exchange profits. And any such law would interfere seriously with commerce. a a a Seeks Control Over Dollar The purpose behind the gold purchases abroad is to give the government better control over the price of the dollar. The step is quite similar to that taken by England in setting up the so-called equalization fund. England’s action in setting up the fund has proven satisfactory. At any rate, it is still in force. President Roosevelt believes our gold purchases will be equally effective in giving the United States control over her own currency in the foreign exchange market. The aim of the administration at the present fime is to control commodity prices by using the dollar as a lever. Tne theory, right or wrong, is that when the dollar is lowered in value commodities increase in price, and vice versa. The dollar value in this country can be regulated, according to this theory, by regulating its gold content. This is accomplished by applying reverse English to it, viz., by stating from day to day the value of an ounce of gold in terms of dollars. a a a Dollar at Mercy of Speculators But despite the regulation applied in this country, the dollar still has been at the mercy of speculators and others in the foreign exchange market, and it is to correct that situation that the government has gone into the world's open gold market. Every one will grant that the decline in prices between 1929 and March, 1933, brought great hardships and wholesale bankruptcies in this country. Prices have risen since March, partly at least because of fear of inflation. President Roosevelt is determined to raise them further. He believes that commodity prices can be inflated by deflating the dollar value in terms of gold. The foreign gold buying is for the purpose of permitting free operation of the theory. The theory is part and parcel of the entire recovery program. The "short sellers” are of little counsequence compared with this program.

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

—Nov. 6 Oils— Prev. High. Low. 10 30. close. Amerada ... ... 42% Atl Rfg 29% 29% Barnsdall 8% 8% Consol Oil ... 11’a 11% Cont of Del 17% 17 > 8 Houston (newi 4% Mid Cont Pet 11% Ohio Oil 14% 14 7 8 Pet Corp 10% Phillips Pet 14% i Pure Oil 11 s . ! Roval Dutch 36% Sbd Oil 33‘i j Shell Un 8% 8% Simms Pet ... 10% 10% Skellev Oil 8% I Sic Vac 13 s . 13% S O of Cal .... 41% 41 41% 41% S O of Kan 34% S O of N J 43 V. 42% Sun Oil 48 Texas Corp 24 24% Tidewater Assn.. .. ... ... 10 Un Oil of Cal 19% 19% Steels— Am P.olt Mills 16 Beth Steel 30 29% 29% 29% Cos! Fuel A Iron .. ... 4% j Cruc Steel ... .. 17 Ludlum Steel ... McKeesport Tin .. ... 81*4 81% j Natl Steel 39% 39% Rep Iron & Steel .. Rep Iron A Stl pf ... ... 25*4 U S Smelt 98% 98 98% 99*2 Vanadium ... .. 18*2 U s Steel 40% 40 40*4 40 U S Steel pfd ... 78% Youngstn SAT.. ... ... 17 Kails— Atchison 49*4 49% 49*2 49% Atl Cst Line . ... 32 31 B & O 23% 23 23 22% Can Pac ... 12% 12% Ch A Ohio 40% 4040 40 C M & St P 5*4 5*4 C M & St P pfd B*4 Chi N W 7% Chi R Is! 3% Dela & Hud 51 Erie ... 15*4 15% Grt Northern .. .. ... 17% 111 Central 25% 26 K C Sou 10% Lou A Nash 43 M K & T 8% Mo Pac ... ... 4*b Mo Par pfd ... ... 5 N Y Cent . . . 32 7 s 32% 32% 33 N Y New Haven. .. ... 15 16 Nor Pac ... ... 21% Penn R R 26% 26% 26% 26% Sou Par 19*8 19*4 19*4 19% Sou R R ... 21*4 21% Sou R R pfd ... 23*i Union Pac ... 109 Motors— Auburn ; 40 39 % 40 38 % Chrysler 41*4 40% 41*4 40% Oen Motors 28% 28% 28*2 28% Graham Mot ... 2*2 2% Hudson 10*8 Hupp ... . 3% Mack Truck 27 Nash 18*4 l*% Packard .. ... 3*2 3% Reo . 2*s Studebaker ... 4% 4% Yellow Truck 4% Motor Access — Bendix ... 13% 13% Bohn Alum 46 Borg Warner ... 15% 15% Briggs B*2 Budd Wheel 3% 3% Eaton Mfg 11 Elec Auto Lite.. .. ... 14 14% Houd A 3% Mullins Mfg 4% Murrav Body 5 Biew Warner Timken Rol ... 27*2 Mining— Alaska Jun 25% 25% 25% 25> Am Smelt 46% 45 46*8 45% Anaconda 14*8 14% 14*4 14% Cal A- Hecla 4% 4% Ccrro dc Pasco.. 37*4 36*2 37*4 37% Granby ... ... 9* 2 Gt Nor Ore ... 9% 9% Ins Copper ... 5*2 Howe Sound .. 31*4 31*4 Int Nickel . 20% 19*4 20% 20 Kennecott Cop. . 20% 20% 20*4 20% Noranda Cop ... . . 33*2 Phelps Dodge ... 15*4 15 15*4 15*4 Tobaccos— Am Snuff ... .. . 49 Am Tobacco A.. .. ... 72*4 73 Am Tobacco B . .. ... 73*2 74*4 Gen Cigar 28% Ligg A- Mvers B. 82 81% 81% 12*2 Lorillard 17% 17 17 17 Revnolds Tob B. 42% 42** 42*4 43 % Equipments— Allis Chalmers .. 18% 17% 17% 18*4 Am Car & Fdy 22% Am Loco . ... 26 Am Mach A- Fdy. .. . . ... 14*8 Am Steel Fdv... ... IS Bald Loco 11*2 Burroughs 13*4 13 13*4 13% Case J I 65*8 65 65% 65*2 Tract 19% Col Palm Peet 13% .. Congoleum ... 23 22*; Elec Stor Bat 39* 4 Foster Wheeler .. ... ... 14*2 Oen Am Tk Car .. 29% Gen Elec 20 19% 20 2(i% Oen R R Sift ..... . ... 31 29*2 Ingso! Rand 52*. 53*, Int Harvester .. 38*4 38 38 37* 4 Kelvinator 10% 10’ a Natl Cash Rec 14*. Froc A- Gamble. .. 40*2 40% Pullman Inc 45*, 46'\ Simmons Bed ... 16 West Air B 26 Westingh Elec 35 35 s , Worthing'n Pmp .. 20% Utilities— Am A For Pwr ... ... 8 s * B*2 Am Power A- Lit .. 7*2 7% A T A- T 20*8 20 20 Am Wat Wks ... 18% Cos! Gas A- Flee 12*, 12*, Col G A- E pfd. . >5 Com A Sou ...... ... 2 2 Consol Gas ... 39*2 39*4 Elec Pwr A Lit 5*2 5*4 E P A L nfd 10 Int T A- T 12% 12*8 12*2 12% Lou GAEA ... 15 Nat Pwr A Lit 11 10’, North Amer 16 15 s , Pac O A E 19% 19% 19% 19*8 Pub Serv N J ... .. 35*4 So Cal Edison .... ... 16% 16% Std Gas 9*4 9 B’d Gas pfd 9% United Corp 5% s s , Un Gas Imp 16 16 Ut Pwr A Lit A 33% Western Union 49% Rubbers— Firestone 19% Goodrich 13 Goodyear 32*4 32 % U S Rubber 16 U 8 Rubber pfd 34 % KeJ Spring 2% Amusements— Crosier Radio 13 \

Loews Inc 29 28% Radio Corp 6% 6% 6% 6\ RKO 2 Vs Warner Bros 6% 6% Foods— Am Sugar 55 541/, Armour A 3% 3% Borden Prod . . 22Ve 22 22 22% Can Dry G Aie 271/2 27 Coca Cola ... ... 9714 Cont Bak A ... io% Corn Prod 69% '72% Crm of Wheat . 28Vi 28 28 iSVi gen Foods 35 Vs 35% Gold Dust ... . 16% G W Sugar Int Salt 2;% Natl Biscuit ... 4j 4171 Natl p Prod 14% 14 14 14 Purity Bak 13% 1314 S Porto Rico Sug 41% 41 41 41% Std Brands 24 23% 24 24 United Fruit 59 Wrigley 54% 54% 54% 54 Retails Stores— Gimbel Bros . . 414 Hahn Dept Sts . 5 Kresge S S r na 4 11% Kroger Groc 22 21 7 Macy R H 46 May Dept St 25 Mont Ward 19 18% 19 18% Penny J C 45% 441/, Safeway St . .40 39% 40 39 Sears Roebuck.. . ... 37% 37% Woolworth 38% 38% Aviation— Aviation Corp 7% 73,4 Douglass Air 137, i 3 7 e Curtiss Wright 2% 2% Curtiss Wr A 4% Nor Am Av ... 5% 51,. United Aircraft. 31% 30% 31 31 Chemicals— Air Rreduction 100% 100% Allied Chem . 432 Am Com Alcohol 51% 52 Com Solvents ... 32% 32% 32% 33% Dupont 77 7%% 77 773. Freeport Tex 44s, _ Liquid Carb 25% Math Alkali ... 40' Tex Gulf Sulph 38% 39 Union Carbide .. 41% 40 3 4 41% 403® U S Ind Alcohol. .. ... . 68% Natl Dist 92 911/2 91% 92% Drugs— Coty Inc 31-4 Lambert 29% 30 Zonite Prod 6 6% Financial— Adams Exp ... ... 73^ Allegheny Corp 354 35,, Chesa Corp 331,3 Transamerica .. .. ... 5% 59* Tr Conti Corp 4% 4% Building— Am Radiator 12% 12% Gen Asphalt 143^ Int Cement ... ... 32% Johns Manville.... ... 49 50 Libby Owens Gls 28% 29% Otis Elev 13 ',4 Miscellaneous— Am Bank Note.. .. ... 12% Am Can ... 89 88% Anchor Cap 21 20% Brkiyn Man Tr 30% 30 Conti Can 64% 64 Eastman Kodak . ... 71% 72 Owens Bottle .... 75 74 Gillette 11% GUdden 14% Indus Ravon 72% 71% Inter Rapid Tr. 10% 10 10% 10 WOMAN SETS FACE IN BED CROSS DRIVE 200 New Members Record Leads Competition. Mrs. Clifford O. Richey. 3145 North Illinois street, working from a booth in the Indiana National bank, turned in more than 200 new memberships for the Red Cross in the first two days of the campaign, to lead the field. While no accurate totals for the downtown district are yet available, Mrs. Wolf Sussman. its active director, was optimistic. Real Silk Hosiery Mills held a meeting for the purpose of organizing a “100 per cent” campaign Tuesday and workers expressed conviction that the campaign would be successful. Births Boys William and Helen Osterman, St Vincents hospital. William and Bettina Humphreys. St. Vincent s hospital C.irls Fletcher and Lucille Pedigo. St. Vincents hospital. Franklin and Dorothv Ries, St. Vincent's hospital. Deaths V;cie Leever. 61. Long hospital, myocarditis. Charles F Myers. 34. Central Indiana , hospital, pulmonary tuberculosis. Richard Wiiham Gaddie 13 days. 649 South Alabama, broncho pneumonia Eliza M. Thomas. 79. 5688 Central, j cerebral hemorrhage Emmett Smith. 55. 443 North Illinois • chronic bronchitis E.uabeth Campbell. 63 1212 Udell. I carcinoma. William. Osborne. 3. citv hospital, larvngeal diphtheria. William .Rom.eril, 65. citv hospital. : chronic myocarditis. Maggie Sparger. 68 city hospital, hvpoi static pneumonia John Wise. 60, 622 Favette. mitral regurgitation Isaac R LaPorte. 78. 16 North BrookI v:lle road, coronary embolism Josi? Sherman. 72. 621 East Ninth, i coronary occlusion. Chailes McKir.sey. 70, 944 North Rural, pernicious anemia.

UNEVEN ACTION MARKET DEALS IN STOCK LIST Boost in Gold Price Sends U. S. Dollar Value Lower.

Average Stock Prices

Average of thirty industrials Monday, high 93.14. low 91.67, lasi 92 50. of! .59; average of twenty rails: 33.60 38 06. 38.27. off .55; average of twenty utilities; 23.75. 23.25. 23.52, off .24; average of forty bonds: 81.95, off .20; average of ten first rails: 88 69. off 35; average of ten second rails: 65.00. off .25; average of ten utilities: 91 64. off .12; average of ten industriajs: 82.47. off .10. By Ui ted Press NEW YORK. Nov. B.—Prices were irregular at the opening of the stock market today with trading only fairly active. There were numerous factors for market traders to consider. The dollar dropped more in relation to foreign currencies, many foreign quotations reaching new high levels. The gold price was advanced again, dropping the dollar’s value to 62.54 cents. But traders still were nervous, despite the one day holiday for the election, and were not desirous of making commitments. The only issues in the election of any real significance to traders were prohibition repeal and votes in various cities on municipal control of electric power plants. The majority of cities refused municipal control and as a result most utility issues today were firm. New York City’s mayoralty election made little difference except in the municipal bond market. Prior to the opening of tradihg, the bid and asked prices were advanced fractionally.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 8— Clearings $2,285,000.00 Debits 4,884,000.00 TREASURY STATEMENT Net balance for Nov. 6 $1,388,583,244.62 Misc. Int. Rev. Rcpts .. . 13,050,647.68 Cust reepts. (mo. to date) 6,565.694.60

Foreign Exchange

(By Abbott, Hoppin & Cos.) —Nov. 7 Close. Sterling. England $4.90% Franc. France P 612

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Nov. 7 Bid. Ask. 4s Nov. 1. (1957-37) 84 85% 4s May 1 (1958-38) 84 85% 4%s July 1 1956-36 85 86% 4V4s Jan. 1 (1957-37) 85 86',4 4%s May 1 1957-37 85 86% 4'is Nov. 1 (1958-38) 85 86% 4%s Dec. 1 (1933-32) 100 100% 4%s May 1 (1942-32) 89% 90% 4%s Jan. 1 (1943-33) 86% 88 4Vis Jan. 1 11953-33) 86% 88 4'is July 1 (1933-331 86% 88 4%s Jan 1 (1955-35) 86% 88 4%s July 1 (1955-35) 86% 88 4%s Jan. 1 (1956-36) 86% 88 4%s July 1 (1953-33) 90 91% 4%s Jan. 1 1954-34) 90 91% 4%s July 1 (1934-34) 90 91V 5s May 'l (1941-31) 95% 96% 5s Nov. 1 (1941-31) 95% 95Vi Home Loan 4s, July 1, 1951.... 84% 85% METHODIST HOSPITAL GROUP TO CONVENE Bishop Blake to Be Present at State Meeting. Annual fall meeting of the Methodist Hospital Association of Indiana will be held in the assembly room of the hospital at 10 a. m. tomorrow. Arthur V. Brown, president of the board of trustees, will preside. Dr. O. W. Fifer, Cincinnati, will deliver the principal address. Bishop Edgar Blake, Detroit, will also be present. Founders and Benefactors day will be celebrated at the hospital tomorrow with the dedication of the new house beacon at night. A dinner will be held in the nurses’ home. 98.000 PERSONS MOVE TO FARMS IN CANADA Government and Railroads Share in Project. By United Press MONTREAL. Nov. B.—The Canaj dian government has placed ap- ] proximately 58,000 persons on farms ! throughout the Dominion during ' the last three years. Since inauguration of its “back-to-the-land” movement in 1930, the federal governm nt, aided by Canadian railways, has settled 90.000 : persons, mostly from urban centers, ;on farms without direct financial , assistance. An additional 8.000 persons were ; placed on land with financial assistj ance under an unemployment lelief ! land settlement plan, shared by the | Dominion and provincial govern- ! ments.

lekes Investigates Unfair Tactics Among Oil Men

New Agreement Employed to Bring About Price Discrimination. By United Frets WASHINGTON, Nov. B.—Secretary Ickes today took under advisement the federal trade commission's report on the oil lease and agency problem. The commission, the report said, "has reason to believe" the lease and license agreement "has been employed to bring about price discrimination," and that this "constitutes a violation of the law." In a general way, lease and license agreements enable large oil companies to subsidize filling stations so that only the products of the particular oil company will be sold at that station. The report was directed to Hugh S. Johnson, NRA administrator, by the federal trade commission as a result of Johnson's request when the oil code was being prepared. The matter is now in the hands

THE INDIANAPOLIS TIMES

On Commission Row

—Nov. 8— Frails Cranberries —Cape Cod early blacks. 25lb. box.. $2.10. Grapes—California seedless, crate, $2 50; California Tokays, crate. $1.60: Ohio Coucords, 12 2-quart baskets. *1.75; Michigan Concords. 12-quart basket, 35c; New York, 17-lb. basket. 60c. Melons California Honeydews, (912: 82.75; Persians >6-8S) per case. $2; Casabas 8s) per case *2. Pears —Washington D’Aniou (90-1655), $2.75; Washington Bose. 1 100-135s■. $2.75; Avacos, Fla.. 10-16ci, crate. $2. Bananas —Per pound. sc. Apples—Wealthy. Wolf River. Grimes Golden Jonathan. Florida < 46s to 80si 51.254i1.75 a bushel; fancy Jonathans, $2 a box. Grapefruit—s3ff 3.25. Prunes —Idaho Italian, 16-lb. lugs, *l.lO Oranges—California Valencias, $3.50® $4 25 a box. Lemons—(36os) $5.5096. Vegetables Cabbage—lndiana Dannish. 50-lb. bag. $1; Eastern Dannish. 50-lb. bag, $1.15. Onions—Utah Spanish, 50-lb. bag. $1.75: Western white. 50-lb. bag. $1.50; Indiana white. 50-lb. bag. 51.40: Indiana, yellow. 50-lb. bag. 75c. 10-lb. bag. 18c. Beans—Round stringjess. bushel, $7. 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; 16 bunch flat crate. 8-4 t. Lettuce—Home grown. 15-lb. basket. 60c; home grown. Endlce. dozen. 40c: Iceberg, best 5s crate. $4.50; hothouse, 15-lb. basket. 75c. Radishes—Hothotfse button, 35c dozen. 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-!b. bag $1.50; R. R. Ohios. 100-lb. bag, $1.60; 15-lb. bag. 33c; Wyoming triumphs. 100lb. bag. *2.10. Sweet Potatoes—lndiana Jerseys No. 1. harrner, $1.40; Nancy Halls, per bushel. 51.25. .

Retail Coal Prices

Xhe following prices represent quotalions from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed DOMESTIC RETAIL PRICES Anthracite $14.25 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 7.00 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.

Chicago Stocks "““By Abbott. Hoppln Sz Cos.

TOTAL SALES 6,000 —Nov. 7 High. Low. Close. Asbestos Mfg 3% 3% 3% Bastian-Blessing ... 7 Borg-Warner 15% E L Bruce Cos 15 Butler Bros 3% 3% 3% Cities Service 2 Commonwealth Edison.. .. ... 39 Great Lakes Dredge 18% Grigsby-Grunow 1% 1% 1% Lynch Corp 32 Middle West Utilities % Pines Winterfront .*. ... 1% Prima Cos 10% Public Service N P ••• 18 Quaker Oats 114 112 112 Sears Roebuck 37% 37% 37% Swift & Cos ■ • • I 4 Swift Internacional ... 232 234 232 Walgreen Cos. com ... 18 Zenith Radio • • • 2

Produce Markets

Delivered In Indianapolis nrices—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, 24c; 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. 180. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO, Nov. B.—Eggs—Receipts, 514; market, firm; extra firsts, 24c; dirties, 12'4® 12%c; current receipts. 19®.21c. But-ter-Market. steady; receipts. 68®;69di specials. 23 %® 24c; extras, 23c; extra firsts, 20%®21%c; firsts, 18®19%c; seconds 17® 17%c; standards, 21c. PoultryReceipts, 43 trucks, 3 cars; market, steady to lc higher; fowls, ll®ll%c; light hens, 9c; Leghorn chickens. 8c; heavy Plymouth Rocks, 11c- heavy white ducks. 11c; small ducks. B%c; colored ducks, 9%c; geese, 10c: turkeys, 13c; roosters, Bc. Cheese— Twins, 12®12%c; Longhorns, 12%®12%c. Potatoes —Supply liberal: demand and trading moderate: market, steady; Wisconsin Round Whites. $1.30® 1.35; Minnesota and North Dakota Red River Qhios, $1 12' 2 ® 1.20, mostly $1.15®1.20: North Dakota Red River Cobblers, [email protected]; Idaho Russets. $1.60®1.75, mostly sl.6a®. 1.70: shipments, 479; arrivals, 106; on tracks, 349. TWO STUDENTS OCCUPY HOME COSTING $1.75 Automobile Trailer Utilized at Texas College. By United Press CANYON, Tex., Nov. B.—When Max T. Nuttall, 19, and Ancell B. Leonard, 20, both of Borger, Tex., came to West Texas Teachers College here, they brought their home with them. The home, in which they eat, sleep and study, is a skillfully built automobile trailer equipped with a double bed, a stove for cooking and heating, a clothes closet, tables and chairs. It cost the boys just $1.75 and their time, to make. KILLER COYOTES SLAIN Other Predatory Animals Prey of Montana Hunters. By United Press BILLINGS, Mont., Nov B.—Professional hunters killed 104 coyotes, four bobcats and eight bears in Montana during September, according to R. E. Bateman, leader of the local predatory animal control bureau. During the same period predatory animals killed 229 sheep, with bears held responsible for killing 143 of this number.

ol Secretary Ickes, the oil administrator. “The commission has reason to believe,” the report added, “that, because of the active concert between various oil companies* in the employment of these agreements, and because there is some indication of the elimination off competition as to rentals and commissions, and because of the use of oppressive and coercive methods in securing the execution of these agreements, the oil companies have engaged in unfair methods of competition.” The commission declined to give a final decision because “it has deemed it in the public interest to hold in abeyance action as to the issuance of a complaint inasmuch as action by "the President, or agency designated by him" as provided in the oil code, may make the issuance of such a complaint wholly unnecessary either by prohibiting such marketing methods, or authorizing them upon such conditions as he, or it, may prescribe.”

PORKER PRICES REMAIN STEADY AT CITY YARDS Cattle Fairly Active and Unchanged: Vealers Move Higher. Swine prices at the local stockyards this morning held generally steady at yesterday's average. Initial trade was slow in a narrow range. The bulk, 160 to 325 pounds, sold for $4.35 to $4.40. Several butchers sold at $4.45. Few small lots reached top price j at $4.50. Heaviest grades weighing from 325 pounds and up were salable , at $4.25 to $4.30. Others scaling 130 1 to 160 pounds were selling at $3.85 to $4.15, while 100 to 120 pounds brought $3.50 to $3.65. Receipts were estimated at 9,000, holdovers, 88. General trade was fairly active and steady to strong in the cattle market, with heifers displaying the most strength. Bulk steers sold at $3.50 to $5.50. Other grades were slightly higher. Receipts numbered 1 1,500. Vealers moved around 50 cent£ higher than the previous session, selling at $6.50 down. Top held at $7. Receipts were 500. Lambs held unchanged with ewe and wether grades selling at $7 to $7.50. Others sold at $7.25 to $7.50. Bucks ranged from $6 to $6.50. Throwouts sold down to $4. Ewes ; were quoted at $1.25 to $2.75. Receipts were 2,200. Asking on hogs at Chicago was steady to higher than yesterday’s average with few early bids and sales quoted at $4.50 down. Receipts were estimated at 21,000, including 9,000 directs. Cattle receipts numbered 8,000; calves 1,500; market strong to 25 cents higher. Sheep receipts were 13,000; market strong. HOGS Nov. 2 $4.05® 4.15 $4.15 5,000 3. 4.00® 4.0a 4.10 6.000 4. 4,054 4.10 4.15 2.500 6. 4.20® 4.25 4.30 3.000 7. 4,35® 4.40 4.50 6,000 8. 4.35® 4.40 4 50 9.000 Market, steady. (140-160) Good and choice. ..$ 4.00® 4.15 —Light Weights—-(l6o-180) Good and choice.... 4.35 (180-200) Good and choice. .. 4.35 „ —Medium Weights—-(2oo-220) Good and choice.... 4.40 (220-250) Good and choice ... 4.40® 4.50 —Heavy Weights—-(2so-350) Good and choice 4.40® 4.50 (290-350) Good and choice. .. 4.25® 440 j —Packing Sows—(3so down) Good 3.75® 4.00 ' 33 ? l i pl - > G . OOd u 3.50® 3.85 (All weights) Medium 3.25® 375 „ —Slaughter Pigs—-(loo-130 Good and choice.... 3.50® 3.65 CATTLE Receipts, 1,500; market, steady. (1,050-1,100) Good and choice $ 5.00® 6 25 a Co o mmon o and medium 3.00® 5.00 Good’and choice 4.75® 6 00 (650°- 1 750) > — and medlum : 3 25 @ 415 Good and choice 5.25® 6 50 /-S? 1 ?™ 011 and medium 3 00® 5.25 (<SO-900) Good and choice 4.50® 625 Common and medium 2.50® 4 50 _ , —Cows— S°° and 3.00® 3.50 common and medium 1.85® 3 00 Low cutter and medium I.oo® 185 _ , —Bulls (yearlings excluded) Good (oeef) 2.50® 3.25 Cutter, common and medium.. 1.50® 2^50 VEALERS Receipts. 500; market, higher. Good and choice $ 6.00® 7.00 •common-:::::::::::: 1:8811.88 (250-500) Calves 1381 X ( so..oTr" a " *“ a s ' x> ” God and choice 4 00® 5 00 (800-T.MO) — medium 2175 @ 4 00 Sj’od and choice 4.00® 5.00 Common and medium 2.75®. 4,00 SHEEP AND LAMBS , Receipts, 2,200; market, steady. . Lambs—nn down) Gd. and choice * 6.50® ‘7.50 (90 lbs. down) com and med. 4.00® 650 „ . , —Ewes— Good and choice 1.75® 275 Common and medium I.oo® L 75 Other Livestock BY UNITED PRI aS nn ? H7 CAGO, Nov. B.—Hogs—Receipts. 21,000, including 10,000 directs; moderately actne, about steady with yesterday's average: 200-270 lbs., around $4.50; top. f 4 ®5 : ,. 180-200 lbs., $4.25® 4.50; pigs and sfisr vs S- f 3 - 75 '" 4 2: U bulk packing sows, 53.35®3.75; best $4. Light light 140-160 iso '^°l and ch oice. s4® 4.35: light weight 160-200 lbs., good and choice. $4.25® 4 55medium weights 200-250 lbs., good and choice, $4.40®4.55; heavy weights 250-350 ibs., good and choice. $4®4.55; packing sows 215-550 Ibs.. medium and choice. S3® 3.50; slaughter pigs 100-130 lbs., good and choice. $3.50®4. Cattle—Receipts, 0 000' calves receipts, 1.500; active on lightweight heifers and mixed yearlings and w l ?F s baling under 900 lbs.; load light heifers sole early at $6.50; several loads, $5.50® 6.25; long yearling steers , , n n b< i£ a M upply . about steady for 1.0001.100 lb. kinds; steers over 1.200 lbs. in broader demand, firm: best 1,300 lb. averages. $6; other killers, steady; slaughter cattle and vealers: steers 550-900 lbs good and choice, $5.25® 6.50; 900-1 100 lbs good and choice, $5®6.50; 1.100-1.300 lbs'' good and choice, $4.75® 6.25 : 1,300-1,500 Ibs., good and choice. $4.25®6; 550-1.300 icna£? n ?J non and medium, s3® 5: heifers 550-700 lbs., good and choice. $5.25®6 50 common and medium. $2.75® 5.50; cow's', t?anVon= 5( 7 4 - 25: common and medium, ® 2 : 40 @.3-25; low' cutter and cutter. 51.50® 2 i 4 ° : , hubs, yearlings excluded, good beef, S3® 3.40; cutter, common and medium. s2® 3.25: vealers, good and choice, $5.50®7; medium, $4.50® 5.50; cull and common, ? 3 ® 4 -50. Stocker and feeder cattle: steers doO-1,050 Ids., good and choice $3 25315common and medium. S2 25® 3.50. SheenReceipts, 13,000; fat iambs slow*, few earlv ♦ and, y ' odd sales weak to 25c lower at $7.50 down; throwout natives, $5; little done on rangers; sheep steady, feeding lambs steady; slaughter sheep and lambs' 90 lbs. down, good and choice. $b.50®7.75: common and medium. s6®6ewes 90-150 lbs., good and choice. $1.75® 3' all weights common and medium. sl2s® 2-25: feeding lambs, 50-75 lbs., good and choice. s6® 6.65. EAST ST. LOUIS. 111., Nov. B.—Hogs Receipts, 9.500; market, steady with S?5 te , I L day ’ s average; top 54.35: bulk 160240 lbs., $4.25® 4.35: 140-150 lbs. S3 90® 4.15: 90-130 lbs., $3®3.75; sow 's. $3.15®'3.50. Cattle—Receipts, 4,500: calves, receipts, 2,000; market, steers in relatively liberal supply and meeting slow inquiry; mixed yearlings and heifers fully steady; cows strong; bulks 10®15c higher; vealers 25c higher with top $6.75; mixed yearlings and heifers. s4® 5.50; cows. $2.25® 3; low cutters, $1.25® 1.75; top sausage bulls. $2.90; slaughter steers 550-1.100 lbs., good and choice. $5.25®;6.25: common and medium ,$2.75®5.50: 1.100-1,500 lbs., choice, ss® 6; good, $4 50® 5.75: medium. $3.75® 5.25. Sheep—Receipts, 2,500; market, few lambs to city butchers, steady at $6 75® 7: mostly asking higher for desirable lambs- indications steady on throwouts and sheep: lambs 90 lbs. down, good and choice. $6.50® 7: common and medium $3.d0®6,50: yearling wethers. 90-110 lbs good and choice, 54.25®5.65; ewes 90-150 lbs., good and choice, $1.50® 2.75; all weights common and medium, sl®2. CLEVELAND. Nov. B.—Cattle—Receipts 300; market slow with an indifferent demand: prices hold steady despite weaker undertone; steers unchanged, choice. s6® 6.50: others. S3 25®5.50 according to weights and grades; good heifers. $4.25® 4.50. Calves—Receipts, 400; market active and 50 cents higher; finest vealers quoted at $8 top with bulk selling at $7.50; choice to prime. $7.50®8; choice to good. $6 50® 7: fair to good. ss® 6. Sheep—Receipts. 3.000: market advances 25 to 50 cents higher on good demand; bulk of finest lambs sold at *7.25 with few bringing as high as *7.50; choice spring lambs. *7® 7.25; good to choice, s6®7. Hogs—Receipts, 1,200; market fully steady with good local demand; all sold earlv; heavies. $4.50® 4.65: choice and light butchers. $4 65; pigs, $3.75®4. EAST BUFFALO. Nov. B—Hogs—Receipts, 700; holdovers, 1.000 fairly active to all interests: 15c to mostly 20 and 25c I over yesterday s average: weights below i 200 lbs. up most; bulk drsirable 180-230 lbs.. $4.90: few decks down to 150 ibs.. $4.85: pigs and underweights. 54.50® 4.75. Cattle—Receipts. 50; two loads of grassy steeers. S4; cows draggy: cutter grades, sl®2. Calves, receipts, 175; vealers. active: steady: good to choice largely *7; common and medium. 54.75®5 75 Sheep— Receipts. 900: urgent demand for lambs; , better grades fully 50c higher; good to choice ewes and’ wethers. $7.50® 7.85. mainly ST 65® 7.85: medium kinds and fat bucks. $6.50® 7; throwouts. $5 25® 5.75. FT. WAYNE. Nov. B—Hogs—s® 10c higher- 200-225 lbs., *4 40; 225-390 lbs.. *4.30; 300-350 lbs. 54 20; 160-200 lbs., $4 30: 150-160 lbs.. *4 10: 140-150 ibs.. 53.90: 130-140 lbs.. *3 60; 100-130 lbs.. $3.25; roughs. $3.25; stags, $2.25; calves, $6.50; iambs, $5.75.

British Author to Speak on Town Hall Program

Famed Social Writer Will Lecture on America’s Place in World. Indianapolis patrons of the Town Hall series will hear a foreigner's viewpoint of ' America's Place in World Affairs” when John Strachey, British author and governmenialist, appears at English's at 11 Friday morning. A representative of a widely known English family, Labor member of parliament two years, and author of ‘The Coming Struggle for Power,” Mr. Strachey also knows America and international situations well. He has made several trips to this country to study American life and conditions. He was educated at Eton and Magdalen college at Oxford, lias written for many British periodicals, and. following his resignation from | the Labor party in 1931, lived in j London and devoted his whole time to writing. He is the son of the late John St. Loe Strachey, editor and proprietor of “The Spectator,” with which the j

Who’s an Old Battleax? Battle-Scarred Face and Court Fine Are Penalties for ‘lnsulting’ Waitress.

A GENTLEMAN never should address a lady as, “Hey, you old battleax,” Sam Marlin, 41, of 1010 Harrison street, has discovered. Especially is this a violation of good form when the lady neither is old nor a “battleax” and in addition, a total stranger.

Mr. Marlin appeared in municipal court three today with his face a medium grade reproduction of Verdun just after the battle. Indeed, one court attache with unbridled imagination said Mr. Marlin’s countenance looked much as if a jittery plastic surgeon had been at work and had dropped a few stitches. Charged with carrying concealed weapons and disorderly conduct, Mr. Marlin was tastefully adorned with court plaster arranged in weird geometric designs. One blootshot orb shed a jaundiced gleam on the proceedings. Start of Mr. Marlin’s troubles resulted from extreme hunger. Last night, according to motorpoliceman Harry Smith, Mr. Marlin went to the American Coffee House in the 400 block East Washington street. He is alleged to have complained about the service after getting a cup of coffee and some stew, served him by Miss Evelyn Woolwine, Stubbins hotel, a waitress. “I want some pie,” Mr. Marlin plaintively demanded. a a a NOT satisfied with -the speed and believing Miss Woolwine was paying too much attention to another patron to whom she was talking, Mr. Marlin is alleged to have demanded a waiter. The burden of Mr. Marlin’s complaint today is that when he asked for a waiter, he got a cook and the cook “bopped him on the head with a potato masher.” Charges and counter - charges were hurled with abandon today in court. Miss Woolwine said Mr. Marlin added insult to injury by dousing her with the remains of his coffee. Mr. Marlin said he merely “spilled some on her.” * Mr. Marlin said the man to whom Miss Woolwine was talking continued the havoc wrought by the cook's roundhouse swing with the potato masher. “I didn’t have much fight left in me after being ‘bopped’ with the masher, judge,” Mr. Marlin mournfully confessed to Judge Dewey Myers. a a a POLICEMAN SMITH agreed that Miss Woolwine’s knight errant friend had done a very good job on Mr. Marlin, for when he encountered the latter, his face was streaming blood. Checking through the evidence, Judge Myers decided Mr. Marlin should be fined $1 and costs on the weapons charge and a like amount on the disorderly conduct charge. The former sentence was suspended when Mr. Marlin explained the razor was part of his stock in trade, since he is a razor salesman.. But Miss Woolwine had the last word. “He didn't call me a battleax, judge,’’ she asserted. “I wouldn’t have stood for that.” Mr. Marlin shuddered. He fearfully contemplated the prospect of Miss Woolwine “not standing” for more than what happened. Other Livestock B i/ Timex Special LOUISVILLE, Nov. B.—Cattle—Receipts, 1.300; salable supply slaughter classes numbers about 150 head; remainder entered in fat cattle show; demand improved and market more active; fully steady on most classes; bulk common to medium grass steers and heifers. s3®4; best fed lightweights quotable to $5 50; bulk beef cows. $2®2.50; low cutters and cutters, $1®1.75; sausage bulls mostly 52.50 down; most native Stockers and feeders. s2®3; desirable Hereford heifer stock calves mostly. $4.50. Calves—Receipts. 125; mostly 50c higher; bulk hotter grades. $5®5.60; strictly choice handvweights eligible to $6; medium and lower grades $4.50 down. Hogs—Re--280 lbs. up. $3.80; 140-175 lbs.. $3.90; 135 lbs. down $3.05; stags. SI.BO. Sheep— Receipts. 100: steady; most medium to good lambs. $5.50® 6; choice eligible higher bucks. $4.50® 5; throwouts, $3.50: fat ewes mainly, sl®2. Receipts yesterday; Cattle. 510; calves, 92: hogs, 584; sheep. 69. Shipments yesterday: Cattle. 32; sheep. 216. PITTSBURGH. Nov. B—Hogs—Receipts, 2.500: holdovers. 150; fairly active; generally 10 cents lower; bulk. 170 to 220 lbs. $4.75® 4.80: early tops, $4.80: 220 to 250 lbs.. $4.50® 4.80: 250 lbs., up. s4® 4.50: 140 lbs. down. *4® 4.25; rough sows, $4 down; smooth kinds, higher. Cattle—Receipts. 60; nominal. Calves—Receipts. 125; slow and steady; good and choice vealers. $6®6.50: medium. $*.50®5.50. Sheep—Receipts. 800; 50 cents higher on good and choice fat lambs: bulk around 75 lbs., weights. $7.75; light kinds, down to $6.75: medium. *4.50 @5.75; culs, down to $2.50. LAFAYETTE. Nov. B—Hogs—Market, steady; 200-300 lbs. $4.20® 4.55: 300-325 lbs., ‘*4.10: 150-200 lbs.. S4®4 15; 130-150 lbs.. S3 50-375: 100-130 lbs,. $3.25; roughs. $3.75 down; top calves, $5.50; top lambs. $5.50.

In the Cotton Markets

—Nor. 7 CHICAGO High. Low. Close. January 9.50 9 47 4.47 March 9 70 9.66 9.80 Mar 9 94 9.80 9.80 July 9 95 9.93 9.93 October 10.13 December 9.43 9.38 9.40 NEW ORLEANS January 9.41 March 9.60 9 53 9.55 Mar 9 71 9.66 9.69 July 9.85 9.80 9.83 October 10.03 -December 9.37 9.30 9.33

ip ' ■// . . ill

John Seracney

son was connected several years. He also is a cousin of Lytton Strachey, a widely-read British author.

PUBLIC ENEMY ASKS RETURN TO CHICAGO 4 States and U. S. Seeking Custody of Sammons. Bj / United Press CROWN POINT, Ind., Nov. B. James (Fur) Sammons, Chicago public enemy and suspect in robberies and shootings in other states, today volunteered to return to Illinois, w'here he jumped $20,000 bond. Indiana authorities, however, said they would not release Sammons to Chicago detectives until they had studied the claims for the suspect from three other states and the federal government. Sammons faces trial in Chicago on charges of attempting to kill three guards during an $85,000 pay roll robbery at the International Harvester Company in 1926. He jumped $20,000 bond. Authorities in Maryland. Wisconsin and Indiana, as well as federal agents, have asked for the opportunity to try Sammons on various charges. MOUNTAINS OF DEADLY NAME TO BE VISITED Arizona Range Noted for Lost Mines and Missing Men. Btj United Press PHOENIX, Ariz., Nov. 8. A thorough exploration of the dread Superstition mountains, famous for lost mines and missing men, is scheduled to be made by a party of business men in January. Already plans have been prepared for location of a base camp from which to direct the party’s exploration trips, it was announced. Experienced desert guides will aid in charting a course through the wilds. Among the lost mines is the noted Lost Dutchman, for which ten men are believed to have sacrificed their lives in hunting for gold. JAZZ TRIO COMPOSED OF FORMER TEACHERS ‘Blue Harmony Boys’ Refute Idea of Pedagogical Staidness. By United Press NEW YORK, Nov. B.—School teachers aren't always the staid people they are reputed to be. Three of them have formed a red hot jazz trio for broadcasting. They formerly were known as Max Jones, football coach at Florida Normal college; Wayman McCoo, teacher at Escaubia County (Ala.) Training school, and Clyde Jones, principal of the Eusauli Baptist academy. But now they are a regular feature on Station WHOM, and call themselves “The Blue Harmony Boys.”

The City in Brief

THURSDAY EVENTS Advertising Club luncheon, Columbia Club. Engineering Society luncheon. Board of Trade. Sigma Chi lunrheon. Hoard of Trade. American Business Club luncheon, Columbia Club. Caravan Club luncheon, Scottish Rite cathedral. Acacia luncheon, Harrison. Real Estate Board luncheon, Washington. Sigma Nu luncheon, Washington. In the Air Weather conditions at 9 a. m. West southwest wind, 11 miles an hour; temperature, 27; barometric pressure, 30.24, at sea level; general conditions, overcast; ceiling, 3,000 feet; visibility, 6 miles, hazy.

Abbott, Hoppin & Company 203 Continental Bank Building RI ley 5491 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange New York Cotton Exchange - Chicago Curb Exchange New York Curb Exchange Chicago Board of Trade New York Produce Exchange Chicago Stock Exchange Commodity Exchange, Inc., N. Y. New York Coffee and Sugar Exchange Co-Managers James T. Hamill Kenneth K. Woolling

.NOV. 8, 1933

FUTURES SHOW EVEN TREND IN DULL TRADING New Plan of Government to Loan on Wheat Aids Grains. By United Press CHICAGO. Nov. 8. —There was a lack of stimulant today and grains opened virtually unchanged on tiia Board of Trade. Wheat futures opened unchanged to % cent lower, corn was unchanged to % cent lower, and oats were all unchanged. With repeal of the eighteenth amendment, rye advanced fractionally at the opening. Btokers believed today's market would suggest the immediate trend. Talk of plans to make government loans on wheat, similar to cotton and corn loans, lent anew air of confidence to the market. Likelihood that country movements of grain will drop to limited volume because of these loans is another constructive feature. A moderate upturn in the prices of rye and barley yesterday led the trade to believe repeal of the eighteenth amendment might serve as a stimulant to grain prices. Chicago Primary Receipts —Nov. 7 Bushels— Todav. Last week. Wheat 250.000 453,000 Corn 634.000 761.000 Oats 99.000 148,000 Chicago Futures Range —Nov. 8— WHEAT— Frev. High. Low. 10:00. close. Dec .8634 86*4 86(4 86% May 89 .88 .88% .88% July .86% .86 .86' 4 86 CORN— Dec. 46% .45** .46 .45% Mav 52 '4 .51% .51% .51% July .54 .53' 4 .53*8 .53% OATS— Dec .33 7 ii .33Vi .33J4 .33'i May .36A4 .36Va .36’* -36'2 July .. .. .. .35 1 4 RYE— Dec .57*4 .57*8 .57*'2 .5654 May .64(4 .63*8 .63*4 .63 July .. .63 62V4 BARLEY— Dec 471/4 .47 .47' .4674 May 52 .51 3 4 .52 .52 July .. .. .<53 CHICAGO CASH GRAIN By United Press CHICAGO. Nov. 7.—Wheat—No. 1 red. 85'4C; No. 2 red, 85' 2 c; No. 2 hard. 85Vic: No. 2 mixed, 84' 2 c; No. 3 mixed. 84c. Corn 44® 45c; No. 3 yellow, 43‘, 2 ®44c; No. 5 yellow', 41c; No. 6 yellow, 40@4ie; No. 2 white, 44®45c; sample grade musty. 35c; (new) No. 4 mixed, 39c: No. 3 yellow'. 40 ® 41’ic; No. 4 yellow, 37 J 2 <5739c: No. 3 white, 42c; No. 4 white. 38 x c; sample grade, 33‘ 2 c. Oats—No. 2 white, 34®) 34’ic: No. 3 white, 33(4^34Vic. Barley —430?74c. Rye—No sales. Timothy—ss.so @6. Clover Seed—slo.so®l3. Cash Provisions—Lard. $5.90; loose, $5.70; leal, $5.75; D. S. bellies. $5.62. TOLEDO CASH GRAIN By Untied Press TOLEDO, Nov. 7. (Grain in elevators, transit billing). Wheat—No. 2 red, 88’a @B9' 2 c. Corn—No. 2 yellow, 49 , 2 ®50‘ 2 c. Oats—No. 2 white, 37 , 2 ®3B' 2 c. Rye—N<f. 2, 70@71c. (Track prices, 28' 2 c ratei. Wheat—No. 1 red, 85' 2 ®B6> 2 c; No. 2 red. 84Vi@85ViC. Corn--No. 2 yellow. 44Vi@ 45 ’ 2 c; No. 3 yellow, 41' 2 ®44' 2 c; No. 4 yellow ,38' 2 @ 43'. 2 c. Oats—No. 2 white, 34 1 2 @ 36c; No. 3 white, 33*2® 35c. (Toledo seed close). Clover—December. $7.50; March .$7.75. Alsike Cash—sß.so, December. $8.70.

Indianapolis Cash Grain

—Nov. 7 The bids for car lots of grain at the call of the Indianapolis Board of Trade f. o. b., shipping point, basis 41% New York rat*, were: Wheat—Weak: No. 1 red, 79®80c; No. 2 red, 78® 79c; No. 2 hard, 78® 79c. Corn—Weak: No. 2 white, 38®39c, No. 3 white, 370/ 38c; No. 2 yellow. 36' .® J7%c; No 3 vellow. 35%0i36%c; No. 2 mixed, 35%®35%c: No. 3 mixed, 34%®35c. Oats—Firm: No. 2 white, 30%®31%c; No. 3 white, 29%0/30%c. Hay—Steady: if. o b. country points taking 23%c or less rates to Cincinnati or Louisville 1 No 1 timothy, $60i6.50: No. 2 timothy. $5,500/6. —lnspections Wheat—No. 1 red. 7 cars: No. 2 red, 2 cars; No. 2 mixed, 2 cars. Total. 11 cars. Corn—No. 2 white, 6 cars: No 3 white, 2 cars; No. 6 white. 1 car; No. 2 yellow, 11 cars; No. 3 yellow. 10 cars; No. 4 yellow', 5 cars; No. 5 yellow. 2 cars; No. 6 yellow, 2 cars: sample yellow 2 cars; No. 3 mixed. 2 cars; No. 3 mixed. 1 car; No. 4 mixed, 1 car; No. 5 mixed, 1 car. Total, 46 cars. Oats —No, 2 white. 1 car: No. 3 white. 4 cars; No. 4 white, 3 cars. Total, 8 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 77 cents for No. 2 sort rea wneat. utner grades on their merits. CHICAGO FRUIT MARKET By United Press CHICAGO, Nov. 8. Apples—Michigan Jonathans bushels, $1.15® 1.25; Baldwins bushel, 90c@$l. Carrots—lllinois bunch, !%®2%c bunch. Spinach—lllinois. 50®, 65c bushel. Beans—Southern wax. 75c®. $1.50 bushel hampers. Cabbage—Wisconsin. $1®1.25 crate. Grapes—New York, 40@45c; 12-quart. Celery—Michigan. 30® 60c crate: 35®75c square crate. Mushrooms—lllinois, 17%® 30c. Outnumbers — Southern, sl®2; Central Western hothouse, $1.50®2.25. Tomatoes California. sl2s® 1.56; Illinois and Ohio hot house. 66® 7Cc. Onion Market: Idaho—Washington Valentias bushel. 70®85c. Wisconsin yellows bushel. 65®70c Indiana yellows bushel. 65® 70c. Illinois—Yellows bushel, 65® 70c. Midwestern whites bushel. sl% 1.10.

SQfY3O per WW— MONTH Compare this 16 months Finance S4OO Balance New Fords, Chevroiets* Plymouths THIS INCLUDES Liability, Property Damage, Fire, Theft, Tornado and $50.00 /Deductible Collision INSURANCE GREGORY & APPEL INCORPORATED 247 N. Penn. St. Lincoln 7191.