Indianapolis Times, Volume 45, Number 172, Indianapolis, Marion County, 28 November 1933 — Page 13

XOV. 28, 1933.

-Wall Street

Street Welcomes Assistance from Smith in “Sound Money” Fight—The "Sweat-lt-Out” Policy. By RALPH HENDLRSHOT Time* Special Financial Writer

Wall Street welcomed Alfred E. Smith, former Governor of New York and now chairman of the board of the Lawyers-County Trust Company, into the "sound money” camp. It has decided that the best way to fight the administration's monetary poiicy is to take its case directly to the public in the hope of influencing the coming session of congress, and it realizes that Mr. Smith is still a very’ popular public figure. Under the circumstances the Street found little difficulty in shrugging off the backhand compliment the "Happy Warrior” paid it when he said he took his stand "with full knowledge of the fact that there are many things in the old order of society which I should like to have

changed and which I do not applaud or even condone." The financial district, it may be surprising to learn, is far from united on the monetary question. Some frankly adhere to the Roosevelt policy. But it is united in wanting to run its own show, and it is jealous of the influence it has exerted in the past in fashioning the nation's monetary policy. Mr. Smith, therefore, made a great hit when he said, "If I must choose between private management of business and management of a governmental bureaucracy I am for private management.” a a a Offers No New Arguments It was thought, however, that he had not added in any material way to the arguments for "sound money." He used the term "dependability” as opposed to “opportunism” in telling w’hy he preferred "gold” dollars to "baloney” dollars, but he went no further than other proponents of "sound money” in telling just what he meant by the term "sound money.” It is

Ralph Hrndershot

hardly enough to say that he wants the country to go back on a gold standard without explaining whether or not he favors any revaluation of the dollar in terms of gold, and if so, the basis upon which the revaluation should be made. Based on Dun & Bradstreet’s weighted average of wholesale prices for ninety commodities, the price level began to rise in this country immediately after the United States went off the gold standard. Up to that time it had followed a consistently downward trend. The question arises as to whether a return to the gold standard in existence up until last spring would not result in prices going back to the old level or possibly below that figure. Most so-called "sound money” advocates are deflationists. That is to say, they would go back to the old order, let prices fall to their natural level and let debts be liquidated through bankruptcies or any other way they could. In short, they prefer that the nation ‘‘sweat it out,” no matter how long it takes. a a a a a a Application Not Even But It Is obvious that they would not wish to let the "sweating-out” process apply to all in the same way. They would not, for instance, let the banks, insurance companies, railroads, etc., “sweat it out,” because they realize that it would bring about total collapse of all business and credit. The question might well be asked, therefore, if it is right for sych institutions and companies to get relief from the government in the form of direct and indirect loan, why should the man in the street be allowed to sink or swim where his obligations are concerned and, in addition, make up in the way of taxes for any bad loans the government might make to the favored classes?

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

Oils— High. ow\ 10 30. close. I Amerada ... 43 '2 43 . j At! Rfg 28% 28% Barnsdall 9 8% 8% 9%i Consol Oil . ■ 11 10*4 | Cont of Del 17' 17 17 1 17 Houston 1 newt.. .. ... ... 4 3 s Houston toldi.. .. ... ... 24 Mid Cont Pet 13 13 Ohio Oil ... . . 14's Pet Corn I;'* Phillips Pet 15% 15 2 Pure Oil ••• 11'* 11 PhiUlps Pet 15% 15*2 Pure Oil ... . .. ... 11 A* ll'e Royal Dutch ... 37'* Slki Oil . ... ... ... 34 Sliell Un . B*2 8% B*2 8% Simms Pet ... • • 10 j Skellry Oil ■ • •■ • ? - Soc Vac 15'* 15's 15*. 15% S O of Cal 40’ 40 % , SO Os Kan 35 i SOof N J 43*2 43'* 43’* 43*2 ! Texas Corp Tidewater Assn . .. ... 10'2 10 '2 Un Oil of Cal 19'* Strrls — Am Roll Mills 17 17 4 ! Beth Steel 33 32% 32% 32>a Beers AM 24% 24 Col Fuel fit Iron ... • •• ® Cruc Steel . .... .. . 18 ! 2 18Gulf Sts Steel 18'- i Inland Steel ... Ludlum Steel ...... McKeesport Tin .. ... 84*2 Natl Steel ........ ... 43 43 Rep Iron & Stl. .. 14*4 14 a Rep Iron & Stl p . ... 32 31 2 U S Smelt 89% 88% 88’* 86' a Vanadium }?% Mid Steel 11% 11 b U S Pipe & Fdy. .. ... 1• ‘ 17' 2 U S Steel . 43'* 43 43'* 43 U S Steel pfd .. • ... 82 Youngstn S& T 20'j 20 3 a 20*2 20 2 | Kails— i Atchison ... 46'n 46' * Atl Cst Line ... 31’* 31 B& O 23% 23'* 23% 23'a Can Pac ... 123a 12 *2 Ch & Ohio ... 38'a 39' 4 Chi * Ot IV 3 C M & St P 4 3 * C M & St P pfd 8' * Chi N W 73, Chi R Isl ... ... 3% Chi R I 7 <7 f pfd 4’ 2 Dela & Hud ... 50 49*2 Grt Northern .... ... 18 17% 111 Central 26% Lou & Nash ... 44 44 ■„ M K & T 7*2 Mo Pac ... ... 4 Mo Pac pfd 5 N Y Cent 34% 33% 34% 34% N Y New Haven 15% N Y Ont & Wes . B*2 Nor Pac • 19% 19% Penn R R 25% 25% 25% 25% Reading .. ... 43 Sou Pac ....... 18% 18*2 18*2 18% j Sou R R 21% 21% 21% 21% j Sou R R pfd . . 22*2 22 22*2 22% union Pac ... 103*2 108*2 Motors— Auburn 42'* 42** [ Chrysler 46% 46% 46% 46* 1 \ Gen Motors ...... ... 32 31*2 Graham Mot . . ... 2% Hudson ... 11% 11% i Hupp 4 Mack Truck . 34 33*2 1 Nash 23 22% 23 22% ; Packard 4 4 Reo ... 3'a 3%; Stndebaker ... .. 4% j Yellow Truck 4*2 | Motor Access— Bendix 14 14 Bohn Alum ... 46*2 46% Borg Warner 16% 16% Briggs 9 Eaton Mfg 11 Elec Auto Lite 15% 15% Murray Body s'* Stew Warner . . 6 Timken Rol ... ... 28 Mining— Alaska Jun 20% 20*2 20*2 20% Am Smelt . .. 41% 41% 41% 40 Anaconda 14% 14% 14'* 13% Cal & Hecla 4* 2 Cerro de Pasco 33 31'a G- inby B*t G Nor Ore 9% 10 1 mestake Min .. ...' ... 300 >. we Sound ... 29% Ins Copper 5% Int Nickel 21* 21*8 21*8 21 Kennecott Ck*p. . .. 20% 20** Noranda Cop .... 33*2 34** Phelps Dodge 16% 15% 1 Tooaccos— Am Tobacco A 73 I Am Tobacco B .. 74% 74*4 Gen Cigar ... 28% ... Ligg .t Myers B ... 85* 2 Lornllajt 16% 17 Reynold" Tob B. .. ... ... 46% Equipr nts — Allis Chalmers 18% ! Am Car & Fdy ... 22 Am Loco ... . . . 25% j Am Mach & Fdy ... 14 I Am Steel Fdy ... 13*4 I Bald Loca .. . 11 11 Burroughs 15% 153, Case J I .69 68% 69 67% ' Cater Tract ~ . 22% 1 Col Palm Peet . .. ... . . 12*4 | Congoleum 23% I Elec Stor Bat 43 j Foster Wheeler. .. .. ... 143,, 1 Gen Am Tk Car 28*4 i Gen Elec 20 19% Gen R R Sig 30 ; Ingsol Rand 61 ! Int Harvester 39*2 39 39*4 33% ; Kelvinator IPs 1 Natl Cash Reg .. . . 15 14%' Proc it Gamble . 4P, Pullman Inc. 44% 44 Simmons Bed 16% Und Elliot 32*2 West Air ißi 28*s 27 Westingh Elec. 38 37% 38 36% Worthington P ~. . . 21% Utilities— Am & For Pwr 9*2 95, Am Power & L . 7 6% 6% 7*B AT&T 119 119% ! Am Wa; Wks 18% Brook Un Gas . 64’., Col Gas * Elec 12 11% 12 11’* Col C. & E pfd 53*2 ' Com & Sou 2 I’, Consol Gas 38 % 38% Elec Pwr & Lit 5% 5*4 5*4 5% E P & L pfd . .. . 10% Int T & T 13% 12*8 13*8 13 Lou O * E IA 17*. Nat Pwr & Lit 10*, 10% North Amer 15*2 15*2 Pac O & E 17% Pub Serv N J . . 35 So Cal Edison 16*, Std Gas . 9 9% Std Gas pfd 10*4 United Corp 5*2 5% Un Gas Imp 15', 15% U! Pwr * Lit (Al 3% Western Union... 52% Rubber* — Fi-estone , ... 10* ■ 20 Goodrich 1H 13’. 13% 13*2 Goodyear 35% 34*2 U S Rubber 1% 16% 16% 16% U S Rubber pfd 27 Kel Spring 2% . Amusements — Crotley Radio..... >t ,. .4,. #_ ‘

Loews Inc 280 270 Radio Corp 60 60 60 60 RKO 2 2 Warner Bros ... ... 5% Foods— Amer Sugar 531. Armour 1A) 31, Borden Prod 20 0 200 Cal Packing 20 0 200 Can Dry G Ale 26' • Coca Cola ~ 977^ Corn Prod '9O 69 0 Crm of Wheat 280 280 Gen Foods 35 0 350 Gold Dust .. . . id G W Sugar '.' 355, Hershev 50 Int Salt ... .' 23 3 4 oose Wiles ... . ’ 491 2 Natl Biscuit ... ’ ’ ' 467. Nati D Prod ... i4 14 Purity Bak 447 S Porto Rico Sug .. ... 341* Std Brands . ... 23 0 23 0 23 0 23 United Fruit . . . 63 Wrigley 55 0 55 0 Retail Stores— Asso Dry Goods 12 Best St Cos 260 Gimbel Bros ... ... ’ '4s ß Gr Un Tea ’'' 43.^ Hahn Dept Sts 50 51 4 Jewel Tea ... 341/, 34 Kresge S Si 3 4 Kroger Groc ... 230 Macy R H ... ... 491^ Mont Ward ... 2i 1 2 210 Penny J C 50 500 Safeway St ... 42 3 4 431 B Sears Roebuck . 410 410 410 400 Woolworth ... 400 40 Aviation— Aviation Corp.. .. ... 73g 70 Douglass Air 130 Curtiss Wright 50 Curtiss Wr A ... . . . . 5 3 B Nor Am Av .... 50 50 50 50 United Aircraft. .. ... 3i7„ 31 Chemicals— Air Reduction .... ... ... 971. Allied Chem ... 146 1370 Am Com Alcohol 46' . 450 Col Carbon .. 577 8 Com Solvents .. 300 30 '360 . 290 Dupont 850 850 850 840 Freeport Tex 450 451 4 Liquid Carb ... . 240 Math Alkali . . 4i 1, 40:® Tex Gulf Sulph. .. 41 41 Union Carbide.. 45 440 45 44 U S Ind Alcohol 580 570 Natl Dist 26 0 26 26 0 260 Drugs— Coty Inc 4040 Lambert ... ... 29 3 4 Lehn & Fink ... .. i 131 2 Zonite Prod ... ... 70 Financial— Adams Exp ... 7s„ 7s s Allegheny Corp 35, 30 Chesa Corp 32 33 Transamerica. 60 60 60 6 Tr Conti Corp ... 40 Building— Am Radiator.. 130 130 130 130 Gen Asphalt ... 150 153., Int Cement ... ... 30 Johns Manville.. 54 0 53 0 54 0 53 Libby Owens Gls 31 30 0 30 0 300 Otis Elev ... ... 130 Ulen Const 20 20 Miscellaneous— Am Bank Note. .. ... . 120 Am Can 96 0 95 0 96 0 850 Anchor Cap 190 20 Brklyn Man Tr. .. 28 Conti Can .... 70 69*4 690 70 Eastman Kodak .. ... 77 79 Owens Bottle 19 i0 Gillette 11 Gotham Silk ... ... 73/. Indus Ravon ... 760 76 Inter Rapid Tr * 914

Federal Farm Loan Bonds

By Blyth & Cos. —Nov. 27Bid Ask 4s NOV 1, 1957-37 79 810 4s Mav 1, 1958-38 79 810 40S July 1 1956-36 80 820 40s Jan. 1, 1957-37 80 820 40s May 1. 1957-37 80 820 40S Nov. 1. 1958-38 80 820 40S Dec. 1, 1933-32 99 0 100 0 40s May 1. 1942-32 850 870 40s Jan. 1. 1943-33 850 870 40s Jan. 1. 1933-33 820 830 40s July 1. 1933-33 820 830 40s Jan. 1. 1955-35 82 0 83 0 40s July 1. 1955-35 820 830 40s Jan. 1, 1956-33 820 830 4 3 4 s July 1. 1953-33 850 870 4 3 4 s Jan. 1. 1934-34 850 870 40s July 1. 1934-34 850 870 5s May 1. 1941-31 920 940 5s Nov. 1. 1941-41 92 0 94 0 Home Loan. 4s. July 1. 1951 83 84

U. S. Government Bonds

Bit United Press NEW YORK. Nov 27—Closing Liberty Bonds: (Decimals represent 32nds.'. Liberty 30s (32-47' 10012 First 40s (32-471 101 3 Fourth 40s (33-38' 101.22 Fourth 40s (33-38) Called 101.13 40s 47-52> 106 18 405-3 0 s (43-45' 99 29 4s 144-54' 103 10 30s i46-56) 101 17 30s (43-47) 99 90 30s (41-43' March 99 27 3 3 sS 140-43 • June 100 6 30s (411 9917 30s (46-49) 9709 3s (51-55 • 96 20

Daily Price Index \

811 United Press NEW YORK. Nov. 27.—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 average. 100) J° anda T 99.35 Saturday 9P 79 ipar ago 73 '4 1933 high Julv 18> 113 S2 1933 low iJan. 20. 67 86 Copyright. 1933. Dun Bradst reet. Inc.) NFW YORK CASH GRAIN R]l f nited Press NEW \ORK. Nov. 27.—Cash grain: Whe ft t~N°. 2 red 99c; No. 3 hard winter. 99c. Corn—No. 2. mixed. 46c Oats—No. 3 white. 42 J *c. All Quotes C. I. F. New YOriL

STOCK SHARES DISPLAY FIRM TRADING RANGE Rise of 9 Cents an Ounce in R. F. C. Gold Price Is Factor.

Average Stock Prices^

| Average of thirtv industrials for Mon- ; day: High. 99,45. low 95 32. last 95.77. 00 3 51, average of twenty rails. 39.18, 37.75 137.92. off 1.32: average of twenty utilities 24 79. 23 61 23.73. off .87. average of forty bonds: 80.25, up .35. BY ELMER C. WALZER I‘nited Press Financial Editor NEW YORK, Nov. 28. Stocks firmed up today after yesterday’s shakeout. A rise of 9 cents per ounce in the R. F. C. gold price bringing the figure to $33.85 per fine ounce was a factor in the rise. Mining shares made the best gains on the rise in gold. Yesterday they were the weak features of a lower market. Today’s gold price showed a spread of $2 per ounce from London price which has been declining because of the decline in sterling. The dollar today opened firmer although changes were smaller than yesterday. The opening level was equivalent to 65.19 cents in terms of the French franc, against yesterday’s close of 64.6 cents. When the gold quota w-as posted, however, the dollar dropped sharply and regisj tered a loss from the previous close. In the mining group of the Stock 1 Exchange, United States Smelting rose to 88%, up 20; Mclntyre Porcupine 3814, up %; International Nickel 21'4, up 3 .4; and American Smelting 41%, up 1%. Wet stocks ruled firm with Schenley at 28, up %; United States Industrial Alcohol at 58 ’4, up Vi; American Commercial Alcohol 46%, up 3 4 and National Distillers 26 y*, up Vs.

Bank Clearings

INDIANAPOLIS STATEMENT —Nov. 28Clearings $1,457,000.00 Debits 5,154,000.00 TREASURY STATEMENT —Nov. 28Net balance for Nov. 25 $1,150,700,358 95 Misc. Int. Rev. Rcpts 1.269.218.57 Customs rcpts. (mo. to date) 23.690,068.30 New York Curb (By Abbott, Hoppin & Cos.) —Nov. 27Close. Close Allied Mills ... 70 Great Atl & P. 133 Alum Cos of Am 730 Glen Alden Coal 120 Am Cyanide B 110 Gulf Oil of Pa. 5530 Am & F Pwr W 7 Hiram Walker.. 370 Am Gas & El.. 190 Hud Bay Min.. 90 Am Superpower 20 Humble Oil ... 93 Asso Gas <fe El.. 0 Imperial Oil Ltd 14 Atlas Corp 110 Int Petrol 190 Brazil Tr & Lt 110 : Lake Shore Min. 45' 2 British Am TA 28 Lib McN Libby. 30 British Celanese 30 Lone Star Gas.. 6 Can Indus Ale A 140 Massey Harris... 30 Can Marc 20 Natl Bellas Hess 20 Carrier Corp .. 50! Newmont Min.. 480 Cities Serv 2 | Nia Hud Pwr... 50 Com’nwealth E 37 j Penn Road .... 20 Consol Gos Salt 460 St Regis Paper.. 20 Cord Corp 70 Sal Creek Prod 6 C'reole Petrol... 90 Sherwin Wins . 41' 2 Crown Cork Inti 60 Std of Ind 320 Deere & Cos 300 Std of Ky 15 Distillers Lim.. 200 Technicolor Ind.. 100 .Distillers Corp 19 I Teck Hughes Gd 50 El Bd & Share 130 Un Gas 4 Fisk Rubber ... 70 Un Pwr & L (Ai 20 Ford of Can (A) 130 Wri Hargraves M 60 Ford of Surope. 50i

Foreign Exchange

By Abbott. Hoppln & Cos. —Nov. 27Close. Sterling. England $5.0960 Franc. France 0604 Lira, Italy 0814 Belgias. Belgium 2150 Mark. Germany 3690 Guilder. Holland 6230 Peseta. Spain 1260 Krone, Norway 2565 Krone. Denmark 2278

Investment Trust Shares

( By Abbott, Hoppin & Cos.) —Nov. 27Bid. Ask. American Bank Stocks Corp.. .70 .80 American & General Sec A.. 3.50 5.50 American Invt Tr Sh 1.50 2.50 Basic Industry Shares 3.22 3.28 British Type Inv Tr Sh 50 .60 Collateral Trustee Shares A... 4.50 4.87 Corporate Trust Shares (old) 2.15 219 Corporate Trust Shares (new 2.26 2.30 Cumulative Trust Shares 3.90 3.98 Diversified Trust Shares A... 6.25 .... Diversified Trust Shares 8... 7.00 7.25 Diversified Trust Shares C. .. 2.98 3.02 Diversified Trust Shares D. .. 4.60 475 First Insurance Stock Corp... 1.29 1.33 First Common Stock Corp... .83 .98 Fixed Trust Oil Shares A 8.30 850 Fixed Trust Oil Shares B 6.95 7.15 Investors Inc 17.25 17.50 Low Priced Shares 5.35 5.45 Mass Inv Trust Shares 17.37 17.75 Nation Wide Securities 3.02 3.12 North American Trust Sh (53) 1.83 .... North American Tr Sh (55-561 2.29 2.33 Petroleum Trust Shares A... 8.00 11.00 Selected American Shares 2.60 .... Selected Cumulative Shares.. 6.75 6.90 Selected Income Shares 3.35 3.60 Std American Trust Sh A. .. 2.90 2.95 Trust Shares of America .... 2.80 2.85 Trustee Std Oil A 5.35 5.45 Trustee Std Oil B 4.92 5.02 U S Electric Lt & Pwr A 10.37 10.87 Universal Trust Shares 2.92 2.98 NEW YORK COFFEE FUTURES —Nov. 27 SANTOS High. Low. Close. January ... 8 23 Mav 8 54 8.50 8.51 July ... 8.58 September 8 88 8.87 8.87 December ... 8.21 —RTO — January ... 5.89 March 6.04 6.02 6.02 Mav ... 6.15 July ... 6.25 September 6.40 6.36 6 36 December .. 5.80

Turning of Bricks in City Streets Is Jobs Project

Plans Studied to Put More Men to Work Under Federal Funds. Plans for turning bricks in all brick streets in the city as part of the civil works re-employment program. today were being outlined by city officials. This process was decided on as a means of smoothing out many rough streets, inasmuch as the city has no funds for new materials. The brick-turning project is one of the projects being studied by the city in preparation for absorbing its share of an additional 5.000 men who are to be given employment byDec. 1, under the civil works program. The new workers given jobs already by the city are being reorganized into corps of forty men. each corps being under direction of experienced foremen. Following inspection of the various projects yesterday, the works board today discussed plans to increase the number of men on many of these projects. Under the program, 1,060 men were at work Monday improving the White river flood levee on the east bank, north of New York street,,

THE INDIANAPOLIS TIMES"

I Chicago Stocks By. Abbott. Hoddlq St Cos —— TOTAL SAI.ES, 31.000 SHARES —Nov. 27 High. Low. Close. Altorfer Bros . . 11 ! 2 Asbes’os Mfg 3' Assoc Telepnonc Util ... '* Bendix Aviation 14’ 14 14 Borg Warner 160 160 16’ 4 Butler Bro.s 4 0 4 40 Cent Pub Util ... 0 Cent Pub Util V T C.. . ... 0 Cent & So West 1V 1 10 Cent & So West pfd . . 3 s * Chi & North Western.. 3 70 7% Chicago Corp com .... 20 20 20 Cities Service 20 2 2 Commonwealth Edison. 370 1 a 360 Cord Corp 70 70 70 Crane Cos ... 60 Decker & Cohn 10 Eddy Paper ... 50 Electric Household ... 80 Gardner-Denver Cos ... 18 Godchaux B ... 5’2 Great Lakes Aircrait.. 7 a 0 % Great Lakes Dredge. .. 180 18 18 Grigsbv-Grunow \ 0 0 Hall Printing ... 30 Houdaille-Hershey A 10 B . 30 3’4 3 0 Illinois Brick 4 Iron Fireman 6 Kalamazoo Stove ... 1? * Katz Drug 21 Kellogg Switch com ... 30 3 3’4 Keystone Steel 9 0 LaSalle Extension Univ. .. ... *2 Libbv-McNeil • •• 30 Lincoln Printing V* ’2 , 2 Lincoln Printing pfd.. . .. ... 4 Lion Oil Refining Cos 3 2 Loudon Paacking .. ... 1° Lvnch Corp 30'2 30 30 Manhattan-Dearborn 7;-* Marshall Field 13’4 12-4 12 4 McQuav-Norris . 400 McWilliam Dredgng Cos 14'2 Mid West utl 60 pfd A ‘a Midland United, pfd % Mosser Leather • ••• JO National Battery 22'4 22_ 22 National Leather l's a 8 Noblitt-Sparks Industrs 240 North Amer Car 3Vs 33 Northwest Bancrporatn 40 4 40 Oshkosh Overall ’ Penn Gas & Elec 6 ■* Prima Cos 12 11 2 12 Public Service N P .... 17 3 4 17'2 17'2 Public Service 7% pfd ’5 Quaker Oats J 23 Quaker Oats, pfd 1 Raytheon V T C Reliance Mfg Cos •••• 13/2 Sangamo Elect com .. 5 4 o Sears Roebuck ’2 Southern Union Gas ••• ' Storkline Furniture .. 40 4 2 4 2 SW’ft A Cos 15 14>4 14>2 Swift International .... 29 278* 28 Thompson. J R IV* 7*2 7 A Transformer Corp of Am '* United Gas Corp ■ Utah Radio 1% 1% l, Utility A- Ind • • • •,. Vortex Cup Cos 7 6_* 7 Vortex Cup Cos •A i . .. .25 24 4 25 Walgreen Cos com 18 170 17 2 Ward. Montgom'y (A).. 71 70 iV‘2 Zenith Radio 1

On Commission Row

—Nov. 28Fruits Cranberries—Cape Cod early blacks. 25lb. box. [email protected]. Grapes California emperors, crate. Melons —California Honeydews f9-12s>, $2.50; (13-15si. $1.75. , ... . Pears—Washington D'Anjou <9O-1655), $2.75; Washington Bose (100-1355). $2.75; Avacos. Fla. <lO-16s. crate, $2. Bananas—Per pound. SV2C. Apples—Wealthy. Wolf River. Grimes Golden, Jonathan, Florida, [email protected] a bushel; fancy Jonathans. $2 a box. Grapefruit—s3® 4. Prunes—ldaho Italian. 16-lb. lugs. sl.lO. Oranges—California Valencias, $3.5014.4 a box. Lemons—(36os), [email protected]. Vegetables Cabbage—Eastern Danish, 50-lb. bag, $1 35. Onions —Utah Spanish, 50-lb. bag, $1.25: western white 50-lb. bag. $1.40: Indiana white, 50-lb. bag. $1.25; Indiana, yellow. 50-lb. bag. 85c; 10-lb. bag. 18c. Beans—Round stringless, hamper, $1.75 @2; flat stringless, $1.25. Beets—Bulk per bushel, 85; California, 85c per dozen. Peas—loo-lb.. $4. Carrots—California. S3 crate. Cauliflower—California (11-12s). crate $1.50. , „„ Celery—Michigan Mammoth, bunch. 65c; medium bunch, 45c; hearts. $1; 15-bunch flat crate. $1; California $3 crate, j Cucumbers—Florida. $3.50 bushel; hoti house. $1.15 per dozen. Lettuce—lceberg best (4-ss) crate. $4.00; hothouse, 15-lb. basket, $1; Michigan endive. $1.50 per bushel. Radishes—Hothouse button, 40c dozen. Spinach—Broadleaf. per bushel, 75c. Turnips—Per bushel, 75c. Tomatoes —Hothouse. $1 8-lb. basket. Potatoes —Northern Round Whites. 100lb. bag. $1.50071.65; R. R. Ohios. 100-lb. bag. $1.50® 1.65: 15-lb. bag. 33c; Wyoming triumphs. 100-lb. bag. $2.10. Sweet Potatoes—lndiana Jerseys, No. 1 bushel, $1.60. Nancy Halls, per bushel, $1.25.

Produce Markets

Delivered in Indianapolis prices—Hens, 9c; Leghorn hens, 6c: heavy breed springers, 8c: Leghorn springers, sc; cocks. 5 lbs. and up. 6c; under 5 lbs.. 4c; ducks. 40 lbs. and over, full feathered and fat, 6c: under 40 lbs., 4c; geese, full feathered and fat, sc. Tu#keys—No. 1 young hens. 8 lbs. and over, 11c; young toms. 12 to 20 lbs., lie: No. 1 young toms over 20 lbs., 9c; old toms, 7c: No. 2 thin crooked breasted, sc: 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 lbs. will be made. Butter—No. 1, 25®26c: No. 2. 22® 23c. Butter—No. 1, 25® 26c; No. 2, 22®:23c. Butterfat—lßc. Quoted by the Wadley Company. BY UNITED PRESS. CHICAGO. Nov. 28. Eggs Market, steady; receipts. 2,041: extra firsts, 24c; fresh graded firsts. 22c; dirties, ll®13c; checks. 10® 11c; current receipts. 17@18c. Butter—Market, steady; receipts. 9.896; specials. 220@23'4C: extras. 220 c: extra firsts, 200® 21c; storage standards. 18c; storage extras. 180 c; firsts, 170®20c; seconds, 160® 17c; standards, 2l' 4 c. Poultry Market, steadv: receipts, 79 trucks. 1 car; heavy hens, 10' 2 c; light hens. 100 c: light hens. 8c; Leghorns, 7' 2 c; Plymouth Rocks (light i, 10c; white rocks, 10® 11c; ducks (heavy), 9® 10c; ducks (light). 60c; geese. 9c: turkeys (young toms and hens). 15®16c: turkeys (old No. 2 grades), 10® 12c; roosters, 60c. Cheese —Twins. 110f/fl2c: Longhorns. 120® 120 c; flats, none; Americas none; dairies. 120® 120 c. Potatoes —Supply liberal; demand and trading slow: market W'eak; Wisconsin round whites. $1.25® 1.30; Minnesota and North Dakota Red River Ohios, $1,220® 1.25; Idaho Russets. $1.60® 1.65; combiantion grade. [email protected]; Colorado McClures. 1 car, $155: shipments. 434; arrivals. 57; track. 315. NEW YORK. Nov. 28.—Potatoes—Steady; Long Island, $1®3.60 barrel; Maine. sl®, ) 3 barrel; Idaho. $1.85® 2.10 sack: Canada, [email protected] barrel. Sweet potatoes—Steady; Jersey basket. 40c®51.25; southern barrel. [email protected]; southern basket. 25c®:53.85. Flour—Quiet and steady; springs, patents. 56.35®6.65 sack. Pork—Quiet; mess. sl7 barrel. Lard—Easy: middle west spot. 55.15® 5.25 100 lbs. Dressed poultry Steady: turkeys. 12®21c; chickens. 8® 18c; broilers. ll®20c: capons, 17®28c: fowls. 915 c; ducks. ll@14c; Long Island ducsk. 150® 16c. Live poultry—Firm and higher; geese. 8® 15c: turkeys, 15® 20c; roosters. 9c; ducks, B®l2c: fowls. 9®lsc; chickens. 10 14c; capons. 1423 c; broilers. 15® 16c. Cheese—Steady: state whole milk, fancy to specials. 20 0 21c: young Americas, fresh. 120®130c. Butter—Receipts. 18.071 packages: market, steady; creamery, higher than extras. 230 ® 240 c: extra, 92 score. 23 0c; first. 90 to 91 score. 21%@ 220 c: first. 88 to 89 score. 18' 2 ®2O0c: seconds. 17® 18c. Eggs—Receipts. 15.831 cases: market steadv; special packs, including unusual hennery selections. 30® 34c; standards. 25® 29c: firsts. 24c; mediums. 170 c; dirties, 17®Y8c: checks. 16c.

and its continuation along the south bank of Fall creek to a point east of Indiana avenue. Park board officials reported they have 1,400 men now on various projects, and plans are being made to employ another 500 men in building Kessler boulevard from Keystone avenue to a point east of the Millersville road. An inspection was being conducted today to determine which streets, platted but not opened, should be cut open and cindered. It was announced that more than one hundred privately-owned trucks will be required for additional projects to be started by Dec. 1. If plan of Walter C. Boetcher. works board president, is approved by the civil works -administration, these trucks will be registered with the works board and the owners will receive a minimum of 80 cents and a maximum of $1.20 an hour. Owners of such trucks will be asked to register with the works board, even though already registered elsewhere. Inspect Beer Places Beer drinkers of the city are being protected. Officials of the city health board this afternoon announced that the 470 beer dispensing places in the city are being inspected every, two weeks-

SWINE MARKET HOLDS STEADY AT CITY YARDS Cattle, Vealers Unchanged: Lamb Prices Strong at $7 Down. Steady sales featured hog trading at the Union Stockyards this morning. The bulk. 160 to 275 pounds, sold for $3.55 to $3.65. Few choice kinds were selling at $3.70. Other grades weighing 275 pounds and up were salable at 53.35 to $3.50. Smaller weights from 130 to 160 pounds brought $3.40 to $3.60, while light lights scaling 100 to 130 pounds sold at $2 to $3.20. Receipts were estimated at 10,000; holdovers, 305. Initial steer trade in the cattle market remained stationary, with j a liberal supply on hand. Several ! loads were available at $5.23 to $5.75. ! Some held at $6. She stock was j strong. Vealers displayed slight S strength, selling at $6 down. Cattle receipts numbered 2,500; calves, 700. With the market not fully developed in the early trading, initial sales on lambs were strong at $7 j down. Asking ranged up to $7.25. Receipts were 1,500. Union workers continued to strike j at the Union Stockyards in Chicago | and the early market was not es- ! tablished. Hog receipts were esti- | mated at 20.000, including 15,000 directs. Holdovers numbered 29.000. Cattle receipts were 3,000; calves, : 1,500. market firm. Sheep receipts ■ were 4,000; market firm. HOGS | Nov. Bulk. Top. Receipts. 22. $3.55® 3 80 $3.80 8.000 23. 3.554? 3.80 3.80 5,000 24. 3.754; 3.90 3.90 6.000 25. 3.704; 3.80 3.80 6,000 27. 3.554? ; 3.65 3.65 12.000 28. 3.554; 3.65 3.65 10,000 Market, steady. (140-160) Good and choice .$ 3.50® 360 —Light Weights—• (160-1801 Good and choice. . 3.65 (180-200) Good and choice 3.65 —Medium Weights—-(2oo-220) Good and choice.... 3.65 (220-250) Good and choice.... 3.60® 3.65 —Heavy Weights—-(2so-290) Good and choice. .. 3.50® 3.55 (290-350) Good and choice.... 3.40® 3.50 —Packing Sows—(3so down) Good \ 2.75® 3.00 (350 up) Good 2.6048 2.90 (All weights) Medium 2.35® 2.75 —Slaughter Pigs—-(loo-130) Good and choice.... 2.50® 3.20 CATTLE Receipts, 2,500; market, steady. (1.050-1,100) — Good and choice $ 4.50® 6.00 Common and medium 2.50® 4.50 (1.100-1,500) Good and choice 4.25® 5 75 Common and medium 3.00® 4.25 (650-750) Good and choice 4.75® 6.25 Common and medium 2.50® 4.75 (750-900) Good and choice 4.25® 6 00 Common and medium 2.00® 4.25 —Cows— Good 2.85® 3.25 Common and medium 2.00® 2 85 Low cutter and medium I.oo® 2.00 —Bulls (yearlings excluded' Good (beef) 2.00® 2.75 Cutter, common and medium.. I.oo® 2.00 VEALERS Receipts, 700; market, steady. Good and choice $5.50® 6 00 Medium 3.00® 5.00 Cull and common I.oo® 3.00 —Calves—-(2so-500) Good and choice 3.50® 4 50 Common and medium 1.50® 3 50 (500-80 T- eder St ° Cker C3ttle - Good and choice 3.50® 4 50 (800-TSO0 1 ?— nd medium 2.00@ 3.50 Good and choice 3.50® 4 50 Common and medium 2.00@ 3.50 SHEEP AND LAMBS Receipts, 1,500; market, steady. !J? S ' down) Good & choice.s 6.50® 725 Jbs- down) Com. and med.. 4.00® 650 (90-110 lbs.) Good and choice.. 6.25® 7.00 —Ewesf— Good and choice 1.75® 2 75 Common and medium I.oo® L 75 Other Livestock BY UNITED PRESS Nov. 28.—Hogs—Receipts. £9°: Kood and clearance; 15c s‘te. 0n eA 7 ,?' 22 2- wei S ht S- bulk these weights, $4.30, the top; other weights fnn O T h ste . a , d £,-l 20 ; 250 lbs.. $44, 4.30: 260300 lbs.. $3.754,3.90; 140 lbs. down. $3.25® 3.50; packing sows, 53®3.50 Cattle—Receipts, 10; nominal. Calves—Receipts. 100; v r sn gl ol 0p ve ® lers . $7; culls down to 52.50 Sheep—Receipts. 600; good demand fPd few loads here; early top fat lambs. 57.50, or 25c higher: some interests packmanll'? to * 7 - 63; medium grades around $5.50 down; top aged wethers. $3.25. Nov. 28.—Cattle—Receipts. 100; market active and steady; prices unchanged; steers range between. $3,254?' 6.25, according to weights and gradescommon to good heifers, $34, 4.75; medium to good cows. s2®3. Calves—Receipts 200s ,T ong , J and , 50c higher on good demand; all sold early; choice to prime, $6,504, 7: choice to good. [email protected]; fair to good. $54? 6; cows, $24?4. Sheep—Receipts, 3.000; - market strong and 10® 15c higher: finest lambs quoted at $7.50, top: all sold early; choice wethers. $2.504,3.25; spring lambs: choice, $7®7.50; common and cull. $3®4.50. Hogs—Receipts. 1,600; market active and fully steady; heavies. $3.754,3.90: butchers and Yorkers, $3.90: pigs. $3.25. onJTu WAYNE - Nov - 28 Hogs—Steady; 160200 lbs., $3.60: 200-250 lbs.. $3.45; 250-300 lbs.. $3.35; 300-350 lbs.. $3.20: 150-160 lbs.. 1 S3 40: 140-150 lbs.. $3.30; 130-140 lbs., $3.15; 190-130 lbs.. 52.75: roughs, $3; stags. $1.75; calves. $6; lambs. $6.50. LAFAYETTE. Nov. 28.—Hogs Market, steady: 170-225 lbs., $3.45® 3.50: 225-27^ lbs., $3.35® 3.40; 270-325 lbs.. $3.25® 3.30: 140-170 lbs., $3.15®3.40; 100-140 lbs., $2.50 4?2,90; roughs, $3 down; top calves. $5; top lambs. $6. EAST ST. LOUIS. 111., Nov. 23.—Hogs— Receipts. 10.500. including 500 direct; market opened slow. 10 to lsc lower than the best time yesterday, or about steady with close; top. $3.70; mostly 150 to 220 lbs., $3.6003.65; packers bidding around $3.50; no action on pigs: sows. $2.654,2.80. Cat-tle-Receipts. 3.800: calves. 1.500: market, steers in comparatively liberal supply; opening sales of steers, mixed yearlings ana heifers, steady: cows, steady to | strong: sausage bulls. 10c higher; good | and choice vealers. 50c higher; a few 1 steers. $4.75® 5.40: some held much high- i er: mixed yearlings and heifers. $4®5.75: ; some held at $6; cows, $2,254,3: low cut- | ters, $1,254}. 1.50; top sausage bulls. $2.75; 1 top vealers. $6; slaughter steers. 550- I 1,100 lbs., good and choice, $5®6.25; com- i mon and medium. $2.754?5.25; 1,100-1.500 lbs., choice. $4.7555.75: good. [email protected]: medium. 53.254?5. Sheep—Receipts. 1.500: market, sellers asking higher on lambs with no early sales: sheep about steady: lambs. 90 lbs. down, good and choice. 56.50 417.25; common and medium. $3.50®6.75: | yearling wethers. 90-110 lbs., good and choice. $4.504,5.75; ewes. 90-150 lbs . good and choice. $1.5002.75: all weights, com - j mon and medium. sl®2. By Times Special LOUISVILLE. Nov. 28—Cattle—Receipts. 250; steady at yesterday's advance; bulk, common to medium slaughter steers and heifers. $347 4; best fed lightweights, quottable to $5 and above; bulk beef cows. $2®2.50; sausage bulls, mostly 52.50 down: low cutters and cutters, $14?: 1.75; common to medium native stockers and feeders. $2 ®3; desirable Hereford heifer stock calves mostly $4.50: best steers and calves quotable to 55. Calves—Receipts. 250: vealers. steady; bulk, better grades. 54.50 3^5 : medium and lower grades. $3.50 down. Hoga— Receipts. 600; market. 10015 c lower: most loss on weights from 175 lbs. dswn; 180-275 lbs.. $3.70; 280 lbs. up. 53.10: 140175 lbs.. $3.45; 110-135 lbs.. $2.65: 105 lbs. down. $2.15: sows. $2.40: stags. $1.15. Sheep —Receipts. 100; steadv: mostly. $5.50*6 for bulk medium to good lambs: choice j kinds to $6.50: bucks, mainlv $4,500 5: throwouts. $3.50: fat ewes. sl§2. Receipts yesterday, cattle. 534: calves. 439; hogs. 1.234; sheep 87. Shipments yesterday. cattle. 172; calves, 105. TRIO HELD AFTER FIGHT Head Injuries Incurred by Man Reported Ejected From House. Frank Whisnand, 30, Fiftieth street and Northwestern avenue, was in the city hospital today suffering from head injuries sustained last night in an argument at 1716 Blaine avenue, with Art Condiss, 50, of 1716 Blaine avenue, and Condiss’ stepson. Howard Preston, 18. Whisnand was thrown from the Vondiss residence after a quarrel, his head striking a post on the porch, it was reported. The three men were arrested on assault andj batterj; charts-

-Today and Tomorrow—w

Clearing Air of Factionalism Would Aid in Gaining Objectives of President's Drive. BY WALTER LIPPMAXN

BOTH Secretary William Woodin and General Hugh Johnson have dwelt upon Dr. O. M. W. Sprague's complaint that he was not consulted in the formation of monetary policy. They have sought-to convey the impression that since Dr. Sprague had a personal grievance, his action is of no importance. To take this view is not only ungenerous; it is to miss the point.

Dr. Sprague’s experience illustrates something of the widest significance which, if it is not taken account of. could prove to be the undoing of the administration. The question pemaps can be posed in thus way; Because of his personal distinction in the field of monetary theory, because he represents views which are held by large and powerful groups of people, the failure to consult Dr. Sprague has been taken to mean that the opposition is not only being overruled, but is being ignored. Under these conditions Dr. Sprague's grievance becomes more than personal; it becomes the grievance of all those who feel that, having intrusted enormous powers to the President, they are being let down when those powers are exercised without full consideration of opposing views. The grievance would remain even if. as is probably the case, the substance of Dr. Sprague’s objections

to the gold policy was quite well known to the President. For in human relations it is not enough to take account of the other man's opinion. It is necessary also to make him feel that liis opinion has been taken into account.

Now, the administration has been ! excessively light-hearted in dealing with those who do not instinctively and immediately agree with it. a a OIX months ago it may not have j seemed necessary to pay any attention either to the Republicans I or to those Democrats who opposed Mr. Roosevelt at Chicago. The President's prestige was overwhelming and no one dared to contradiqf him. But even then it I should have been evident that he could maintain such prestige only if he produced an uninterrupted recovery. If his policy worked perfectly, nothing else mattered. But obviously no set of policies could work perfectly. For that reason it was a grievous mistake in political leadership not to prepare for the lean times. As soon as the policies were seen not to be working perfectly it would begin to matter greatly whether or not the President had taken the trouble to disarm the opposition by making its potential leaders share his responsibilities. In about six weeks congress reassembles. Then the period of undisputed executive power comes inevitably to its end. After January the President no longer will be free to experiment; each experiment he undertakes will have to be explained to congress. He will be able to go | forward only in so far as he com- ! mands continuing congressional j support. Therefore, it is of the first importance that the lesson of the gold i policy should be grasped in Wash- ; ington. it is simply that you can I not make a free people accept a ; new experiment confidently unless you first make them understand the experiment, or at least give them confidence that experienced men are conducting it. In the launching of the gold policy all these conditions have thus far been disregarded. No effort has been made to inform or to reassure opinion. Hence A1 Smith and his "baloney” dollar. That outcry does not come from a monetary expert who has studied the experiment and has decided against it. It comes from a plain. man who distrusts what he does not understand. a a a TT should convince the President that he no longer can rely wholly upon his personal prestige to obtain popular suppport. Either he must move no faster than he can educate opinion, or, if he finds it necessary to move faster than opinion can be educated, he must draw into his councils men who will make them more widely representative. It is not too late to do this. The opposition which has manifested itself in the last fortnight is a warning of trouble to come rather than a complete breakdown of the political truce. The sober judgment of the country has been, I believe, that while it has been necessary and healthy to serve notice that great experiments can not be conducted mysteriously, nothing has yet been done which would justify resorting to the desperate expedient of a great organized agitation. For it would be a desperate expedient. An organized agitation inevitably would degenerate into a cry that all believers in sound money must oppose the President. The fact is that if we are to have sound money it is the President who must establish it; he will be in office another three years. This is generally real- | ized and therefore the disposition j to stand by the President still pre- : vails. The more one considers all the j consequences of an organized battle ! over the currency, the more reason j there is for making every effort at this stage to find ways to work out the President's objective, using the machinery the President has set up. It would not be at all impos- ; sible to do this once the atmosphere was cleared of epithets, rhetoric, factionalism and partisanship, j (Copyright. 1933)

In the Cotton Markets

—Nov. 27 CHICAGO High. Low. Close. January 9.94 9.78 9.78 March 10.12 9 93 9.93 May 10 25 10.08 10.08 July 10 38 10.22 10.22 October 10.58 10.40 10.40 December 9.87 9.77 9.77 NEW YORK January 9 87 9.69 9 71 March 10.03 9.85 9.86 May 10.17 9.98 9.99 July 10.30 10.11 10.11 October 10.49 10.30 10.31 December 9.84 9 69 9.69 NEW ORLEANS January 9.86 9 58 9 58 March 10.02 9 80 9 82 May 10.15 9.75 9.98 July 10.27 10.09 10.09 October 10.46 10.27 10 27 December 9.72 9.61 9,63 CHICAGO FRIIT MARKET By united Pra>s CHICAGO. Nov. 28—Apples—Michigan Jonathans, bushel, $1,257? 1.50; Spies. 51.15 ft 1.50 bushel. Carrots—lllinois. 60ft 75c bushel. Spinach—lllinois. 35 ft 60c bushel. Beans—Southern, green. $1.25ftT.50. Mushrooms—lllinois. 17 1 aft 30c: No. 1 carton. Cucumbers—Southern. 51.50ft1.75 Tomatoes—California. $1.50412. Illinois and Ohio hothouse. 75ft90c. Beets-Illinois. 3ft3 ! 2C bunch. Leaf lettuce—lllinois, hothouse 20c box. Celery—Michigan. 40c ft $1 square crate. Cabbage- Wisconsin. Si,2sft 1.50 crate: No. 1. sl.7sft 2. Onion market: Washington and Idaho V'alentias. bushel. 75 ft. 90c: Wisconsin, yellows, bushel. 65 ft 80c: Indiana, yellows. 65ft 80c: Illinois, yellows. bushel. 65ft 80c: midwestern, whites, bushel. $1.25. NEW YORK RAW SIGAR FETCHES —Nov. 27 . High. Low. Close. January 1.24 1.22 1 23 March 1.30 1 23 1.29 May 1.35 1.30 1.35 Julv 1.41 135 1.41 September 1.46 1.40 1 45 Beceaber- 1.13 1.11- 141*

ft v?sj®

Indianapolis Cash Grain

—Nov. 27 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b . shipping point, basis 41'ic New York rate, were: Wheat—Steadv: No. 1 red. 77' 2 4i78 , 2CNo. 2 red, 76' 2 4i77' ;i c; No. 2 hard, 76‘ 2 4, 77’ 2 c. Corn—Firm: No 3 white. 36®37c; No. 4 white. 354/36c: No. 3 yellow. 3547 36c; No. 4 yellow. 344/ 35c: No. 3 mixed, 344/ 35c: No. 4 mixed. 33®34c Oats Weak: No. 2 white, 30' 2 ®31' 2 r No. 3 White, 29‘ 2 4 t 30 l 2 c. Hay—Steady: ts. o b. country points taking 23' 2 c or less rates to Cincinnati or Louisville) No. 1 timothy, $7.5008; No. 2 timothy. $707.50. —lnspections— Wheat—No. 2 hard. 2 cars; No 1 hard. 2 cars; No. 1 mixed. 1 car. Total, 5 cars. Corn—No. 2 white, 4 cars; No. 3 white. 2 cars; No. 4 white, 4 cars; No. whit*. 1 car: No. 2 yellow, 7 cars; No. 3 yellow, 17 cars; No. 4 yellow, 18 cars; No. 5 yellow'. 5 cars; No. 6 yellow. 1 car; sample yellow. 1 car; No 3 mixed. 3 cars. Total, 63 cars. Oats—No. 2 white, 6 cars; No. 3 white. 1 car; No. 4 white. 2 cars. Total, 12 cars. Rye—No. 1,3 cars. Total. 3 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 73 cents for No. 2 sort rea wneat. Otner grades on their merits. TOLEDO CASH GRAIN Bit United rress TOLEDO, Nov. 27.—Toledo grain: (Grain in elevators, transit billing). Wheat—No. . red. 84' 2 4/85' 2 c. Corn—No. 2 yellow, 49 ®soc. Oats—No. 2 white. 37®38c. RyeNo. 2, 68' 2 @69' 2 c. (Track prices, 28 2 c rate). Wheat—No. 1 red. 81®81' 2 c; No. 2 red, 804/81c. Corn—No. 2 yellow . <3’ 2 ®46c: No. 3 yellow. 42®45c, No. 4 yellow. 40'/ 2 ®42c: No. 5 yellow, 39' 2 ®40' >c Oats —No. 2 white. 34® 35c: No. 3 white. 334,. 34c. (Toledo seed closet. Clover- December. 7.90; March. 58.15. Alsike—Cash $8.50; December, $8.70. CHICAGO CASH GRAIN By United Press CHICAGO, Nov. 27.—Cash grain: Wheat —No. 1 hard. 85%c; No. 2 hard, 82 3 ic; No 1 mixed. 82' 4 c. Corn— (old> No. 2, mixed 45 >4c; No. 3 mixed. 44 Vic: No. 2 yellow 45 046 c; No. 3 yellow. 44 3 4® 45'i'c; No 2 white. 464/ 46' 4 c. (New) No. 2 mixed. 43 3 .i ®44' 2 c; No. 3 mixed, 41 3 4 ®42' 2 c No 1 yellow, 44 3 4 c; No. 2 yellow'. 43'/4@44 3 > cNo. 3, yellow. 41'a4/ 43 3 4C; No. 4 yellow. 39" 4 4/ 42'ic: No. 5 ye110w, 33 3 i®4oc No 2 white. 44c; No. 3 white. 42'ic: No. a' white, 39 3 4 ®40c. Oats—No. 2 white. 324/ 32‘ 2 c; No. 3 white. 31'4032c; No. 4 white. 28 3 4®.30'4C. Rye—No sales. Bariev —4OO 66c. Clover Seed Y —55.500 6. Cash Provisions: Lard —54.95; loose, $4.75; leaf. $4.75; D. S ribs, $5.50. ‘ ST. LOUIS CASH GRAIN Bit United Press ST. LOUIS. Nov. 27.—Cash grain: Wheat —ln good demand. 2c lower on red and steady to ' 2 c higher on hard: No, 2 red 84 0 84',c nominal; No. 3 red. 82 3 4 c. samPje red. 74c: No. 2 red garlicky. 79',® 82' 2 c; No. 1 hard. 84' 2 ®85c: No. 2 hard 83c nominal: No 4 hard. 79' 2 c: No 5 hard. 81c: samnle hard. 73'ic: No. l mixed. 83085 c: No. 3 mixed. 82' 2 c: sample mixed, 69c. Corn—ln good demand: 1 to l'?c lower on old and ' 2 c lower to 1 >r. higher on new; No. 3 mixed, new. 42V2C: No. 2 yellow, new. 44c: No. 2 yellow, old. 45c: No. 3 vellow. new', 41'ic, No. 3 vellow'. old. 44’ic: No. 4 yellow new'. 40c; No. 2 white. 46c. Oats—ln sin demand, nominally ' 2 c lower. No. 2 white. 34c nominal; samnle white, 31c

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 $14.25 Coke, nut size 8.75 Coke, egg size 8.75 Indiana, forked lump 5.50® 5 75 Indiana, egg 5.251® 5.50 Indiana, mine run 5.00@ 5.25 Kentucky lump 700 Pocahontas lump 825 Pocahontas egg 825 Pocahontas forked lump 925 Pocahontas mine run 7,25 New' River smokeless 825 West Virginia lump 6.75 West Virginia egg 650 Island Creek 7.00 Extra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin. Births Girls Robert and Margaret Rutherford. 1140 Arnolda. Roy and Vesta Hawn, 2616 Finley. Carl and Jessie Conner, 603 Grasmere. Peter and Theresa Wynalda, 311 South Keystone. John and Mary Rowlev. 2023 Gent. John and Martha Winters, Methodist hospital. Joe and Sophia Lew. Methodist hospital. Everett and Helen Lloyd, Methodist hosj pital. I Elmer and Alameda Roembke. Methodist I hospital. Dr. and Mrs. G. G. Musselman, Terre Haute. j Mr. and Mrs. Raymond Neer, 110 South ; Ninth street. Beech Grove. Boys I Goble and Helen Marksbary. 533 Belle j Vleu. Hugh and Lucille Mullen. 521 East ; Forty-two. La Rue and Phyllis Byron, Methodist ! hospital. Edward and Dorothy Pillion. Methodist hospital. Hugh and Nettle Weaver. Methodist hos- ! pital. Mr. and Mrs. George Eagan. 2142 East i Garfield avenue. Mr. and Mrs. Howard L. Cook. 2828 McPherson street. Mr. and Mrs. William Troester. 110 East | Thomas street. Deaths Emma F. Sindlinger. 74, 3142 North Capitol. multiple neuritis. Amos B Quick. 81. 5750 North Now Jersey, chronic interstitial nephritis. Nathan Denny, 83. 2509 North New Jersey, cerebral hemorrhage J. Elmore Perkins. 78. 5235 Park, carcinoma. Nora Welsh. 69. 1333 Lexington, arterio sclerosis. Ursula Davidson Hurt. 84. 1942 North Pennsylvania, arterio sclerosis. Charles Frost. 19, city hospital, diabetes mellitus. William Coughlin. 70. 5181 Pleasant Run Parkway, pulmonary tuberculosis Garland Cohagen. 35. city hospital, lobar pneumonia. Isaac Sheridan Hale. 68. Methodist hospital. pneumonia. Thomas Pnston Coburn. 44. 3060 North Meridian, acute nephritis. Alma Jarrel. 34. Coleman hospital arterio sclerosis. James Q Ball. 4 mo., city hospital, broncho pneumonia. Bernhardma Walimann. 80. 2329 Ransdell, cardio renal vascular disease Susie Bell Owens. 69. Methodist hospital. accidental. ASKS $25,000 DAMAGES Deposed Distillery Representative Sues Company and Successors. Suit for $25,000 damages today was filed in Superior court 2 by Joseph Harmon against the Glenmore Distilleries Company Inc., Howard Warrick and Charles C. Harmon, charging he wrongfully was discharged as Indiana representative of the distillery. Harmon alleges that all papers In his files, including his contract with the company, were removed' by Warrick and Harmon, who were named Indiana distributors in his j place..

GRAIN FUTURES STRENGTHEN ON GOOD SUPPORT All Months Fractionally Higher: Short Crop Is Expected. BY HARMAN W. NICHOLS United Press Staff Correspondent CHICAGO. Nov. 28.—An advance of 9 cents in the pric? of domestic gold and firmer stocks were factors jin sending grains higher at the j opening of the Board of Trade today. Wheat futures were ' to > 2 cent | above yesterday’s finish, corn was % to % cent higher and oats were '4 to % cent up. Rye was unchanged to % cent higher and barI ley was 's cent higher. | It becomes increasingly apparent I that bullish impulses after the first of the year will come from possibility of another short crop rather than from good demand, as the consuming trade is even less willing to take a buying position than are investment interests. Chicago Primary Receipts —NOV. 27 .—Bushels—- .... Todav Last week 15 heat 642.000 670.000 Corn 1.231 000 1.415 000 Oats 152.0C0 236.0C0 Chicago Futures Range —Nov. 28WHEAT— p rev . Hih. Low. 10 00 close. Dec 83'4 81 3 4 S2 3 8 81' 2 May 86’n ,85' 2 ,86' 2 .85 3 9 July 86' 2 85 *85 7 b . 84 7 CORN— Dec 45 .43 3 4 44 3 4 .430 May 52 .50' 2 .51 3 4 50 3 4 July 54 .52*4 .530 OATS— Dec . 320 .31 3 4 320 .31 7 s May 36 .350 350 .350 July 350 .340 . 350 . 310 RYE— P, ec 540 .52 0 .540 .520 May 610 590 .610 .590 July 62 0 .61 .62 0 .62 BARLEY— Dec. 39 0 .38 0 .39 0 .38 0 Max 450 .45 .450 .45 July OCTOBER NEWSPAPER ADVERTISING CLIMBS Increase Heaviest in Automotive Line; Volume Strong. Newspaper advertising in seven-ty-two cities during October showed an increase of over 3,000,000 lines, compared with October. 1932. according to a report made public by Advertis'ng Age. The increase was heaviest in automotive advertising, which gained more than 2.000,000 lines, and general, which advanced 1,563,000 lines. Retail advertising gained slightly, going up 273,000 lines. The gains were reduced by the decline in financial and classified advertising. Indicating that recent legislative restrictions have affected the volume of financial advertising, this classification showed a loss of 642.000 lines, or approximately 26 per cent, compared with last year At the same time the two Canadian cities reporting lineage figures showed an increase of 62 per cent in this classification. The total volume of newspaper davertising was 144,114,000 lines, compared with 141.054,000 for October, 1932, a gain of slightly more than 2 per cent. The trend in the direction of expanding business activities reflected in advertising is also confirmed by magazine advertising lineage. According to the figures from 100 I leading magazines November volj ume increased 155 per cent, going up to 1,693,000 lines Auto Injures Boy David Vancil, 10, of 1118 McClure street, suffered head injuries last night when he was knocked down by an automobile driven by Charles Kukelman, 19. of R. R. 7, Box 338. Deputy sheriffs were told the boy was racing across the street with two companions when he ran into path of the car.

Lippmann

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VIM COLLATERAL / y/s) LOANS ® / V No Co-Makers Repaid Over a Whole Vrar The Indianapolis Morris Plan Cos. b. E. Corner Drlanure and Ohio gta. Kl. 1536. ,

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