Indianapolis Times, Volume 45, Number 181, Indianapolis, Marion County, 8 December 1933 — Page 30

PAGE 30

Wall Street The Street Takes More Active Interest in Business Developments—lnflation Fears Wane. “BY RALPH HENDERSHOT Tlnn Financial Writer

Fears of excess inflation are gradually subsiding in the financial district, and most people are beginning to take a more active interest in business developments. Moreover, opposition to the Roosevelt money policy seems to be becoming leas vigorous. In fact, report has it that some of the leading banking interests in the street have made their peace with the administration. Wall Street naturally was highly elated over the word that Mr. Roosevelt favors a relaxation of the provisions of the new' securities act, which had kept the boys in the financial district in hot water for some time. The chief executive is taking a practical view of this situa-

tion led many to feel that he plans merely to regulate Jhe New York Stock Exchange rather than to put it out of business by hanging impracticable rules around its neck. And then reports of better business are beginning to filter into the financial center, and they have tended to make everybody feel much better. The action of Wilson Cos and Atchison, Topeka As Santa Fe directors on dividends Wednesday and the announcements of higher steel operations w’ere accepted as important pointers in the line of trade improvements. u n n Recovery Program Taking Hold From all indications the President's recovery program is beginning to take hold again. It w’as hindered for a time by overspeculation early last summer and by the flight of capital out of the country, but the effects of these factors appear to be wearing off

am - rm mm J

Ralph Hendershot

Os special importance, of course, are the loans and expenditures of the government for construction work. These aup bound to help the heavy industries especially, and, while they have been rather slow in developing, they are nevertheless welcomed. bum M O a t Bankers See the Light Two developments recently indicated that the Wall Street banking fraternity is beginning to see the light of the new’ deal. One was the announcement recently by the National City bank that it proposes to sell tc the Reonnstruction Finance Corporation $50,000,000 of its preferred stock, and the other w r as the decision of the Bank of Manhattan to issue the most complete report of the bank s operatioas in its history. Up until less than a week ago it w f as officially stated at the National City that it would not issue and sell this preferred stock. Apparently something hns happened in the meantime. Whether Washington pressure was brought to bear is not known. but it looks very much as though such was the case. In announcing that the Bank of Manhattan would give stockholders all the facts about the institutions operations. J. Stew’art Baker, its chairman, took ocrasion to criticise President RohseCelfs monetary policy. Some mont hs'Ago the bank got. rid of its security affiliate. The criticism to an outsider‘yvas rather like a boy thumbing his nose at the cop before making a hasty refjreat around a corner.

New York Stocks ” /Bt Abbott. Hoppln & Cos.)

1. —Dec- 8 - Prev. ; Oils— High. ..Low. 10 30. close. Amerada 1 ... ... 43' 2 Afl Rfg 30 1 , 30V Barnsdall ... 9V Consol Oil . Ll 3 * 11'* 11V 11'* Cent of Del ... aV 18 3 a Houston inei'i.. .. / ... . 4' Houston told',. ..-... 25 Mid Corn Pet I 1 ... 13 V Ohio Oil . ..I, 1 ... 14 V 14* Pe Corp . ..H ... 10’2 Phillips Pet t J ... 17 18V Pure Oil . \ 1 . . 12'* 12', Roval Dutch 37'* ! Sbd Oil 35 1 34'2 35 34V Shell Un ... . B*V B'a ! Simmons Pet ... ... 10'* Skellev Oil 8 V Soc Vac 16V 10 1 2 16'! in’* S O of Cal 42', S O of Kan ... 39V S O of N J l I ... 47 3 , 47 Texas Corp Si ... 26V 26’i Tidewater Assn ..f 4 ... 10', 10 Un Oil of Cal . ... 20 3 ,20 V Steels— If Am Roll Mills . ..*}.•• 19*2 19V Beth Steel . ..if... 35V 35’, Bvers AM . . 27V Col Fuel At Iron ..PI 4V Cruc Steel . U 22 Gulf Sts S'eel . . 8 A 23 Inland Steel . --iff--- • 36 V Ludlum Steel . id 13V McKeesport Tin 89 Natl Steel 4... 47’, 47’, Rep Iron & Steel IV. 16V 16V Rep Ir A- Stl pfd ’4 38V U S Smelt 95V ’ 95 9a 9V Vanaaium 23', Mid Steel ... , .. • 13 V U S Pipe * Fdr. . 18 s , 18 . U S Steel 46V 46V 46V 4V U S Steel pfd , 84V Youngstn S * T .. ... ••• 23 Rail*— l Atchison . 33V s 53 n3V 53V Atl Csf Line J - • 40 B& O 25V 1 25V 25', 25 Can Pac ....... i ... 13V 12V Ch At Ohio f 40V j Chi A- Gt W ... 3V 3 * C M At St P t J ... 5V | CMAt St P pfd .. J... B', B', Chi N W | • 8V 8V Chi R Isl I ■ • 3 3 , 3 V Chi R I 75 pfd. i... ... 5V Del a At Hud .. 1 a7 56 V Erie 1V 16 16 16V Grt Northern 21V 21V 21V 21V 111 Central 31V 31V 31V 31v K C Sou 12V Lou A- Nash . ... I .. 50 V 50 M K At T | 9 9 Mo Par ' 3V Mo Pac pfd ■ ■ • - _ * N Y Cent 37 V 37 37 37 N Y Chi At St L 16V N r C At St L pf ■ - • • 18 N Y New Haven 18V 18 18 18 N Y Ont At Wes. 9V Norfolk At Wes . ••• 160 Nor Pac .. 23 V 24 Penn RR . 30V 29V 30 29V Reading ■ 45V Sou Pac . 20 V 20 V 20 V 20 V Sou R R 25V 25V 25V 25’, Sou R R pfd 27’, 27', 27V 27 Union Pac • ■ 114 Wabash . West Maryland. .. I— 10 10V Motors — 4 Auburn ..... I ... • 48 , Chrysler ! ... 51V 51V Gen Motors ... 34 34 Graham Mot ... Hudson ... 14 V '“J” Mar, Truck ■ ■ ■ ', 36V 36'r Nash 25 24V Packard 4 4 Reo ■ J', Studebaker 4 V 4V Yellow Truck ... ... 4’, 4', Motor Access— Bendix 16V 16V Bohn Alum 54 Borg Warner. ;V BriffCS 10*8 Eaton Mfg 13’, 13V 13V 13’, Elec Auto Lite 1S 19V Houd A • 3 4 3,4 Mullins Mfe 6 2 5V Murray Body 6 V *V Stew Warner 6V 6V Timken Rol .... 30', 30 v 30’, 30 , Mining— Alaska Jun ••• • , *}• Am Sir.-lt ••• 44V 44V j Anaconda . 15 14V 15 15 Cal A: Hecla • Cerro De Pasco . 36 36 Granbv ** Gt Nor Ore .. Homestake Min 310 Howe Sound ... • 32 Ins Copper „„ <* Int Nickel 22 22 Isl Creek Coal.. • ■ 28V Kenntcott Cop.. 20V 20V 20 V 21 , Noranda Cop ... . 35 V P.oelps Dodge 16 , Tobaccos— Am Snuff 50;, 50V Am Sum Tob. . ISV 15V Am Teb lA' ... ‘J JJ 3 , Am Tob iß> 26 11V Gen Cigar ■ 29 Lie A: Mvers B 1 86’s 86 V 86V 86 1 2 Lorrillard 17V 17V 17V 17V Reynolds T .B' 47V 4,', 4,V 4.V Eouipment*— Allis Chalmers 6 20V 20 20' 19V Am Car At Fdy 23 * 23* Amer Loco . 29 , Am Mach Ar Fdy 14 Am Steel Fdy }V Bald Loco 12V 12 Burroughs •■ ■ J6V 16; Case J I 73 <2V |2 * |2V Cater Tract 25V 25 Colgat Palm Peet 11V 11V Cor.goleum 22 , 3' Foster Wheeler IjV Gen Am Tk Car 31V 31V Gen Elec 20V 20 j Gen R R Sis 32, 33 Ingt-ol Rand 4V 64 Int Bus Mach 146 V Int Harvester 42V 42V Kelunator . • ■ ■ J]. J* Natl Cash Reg 16’, 16V 16V 16V . Proc & Gamble 4T 4 41 2 Pullman Inc • • 46V 47 * S’.mnlons Bed 1- , Und Ediot 34V West Air B 2V Wesnngh E.ec 39', 39 V Worthington Pm 23 * Utilities— Am & For Par .. ... 10 9V Am Power A- Lit 6V 6,6 V 6 V * T A- T ... 118 111 3 Am Wat Wks 18V 18V Brook Un Gas *?,•* Col Gas & Elec 11 3 11 V Col G A E pfd 52 V Com A; Sou IV 1 * Consol Gas 3.V 3iV Blec Pwr A" Lit 5 V 5 E P A- L pfd ... . 8V Int TAT 13V 13V Lou G Ar E A 15V Nat Par A- Ll! 9 1 * 9V North Amer 15 14 , Pac G A- E . I*> Pub Serv N J ... 34’, 34V So Cal Edison .. 15V 15 s * ISV 15’, Btd Gas 8V Std Gas pfd 9V United Corp 5V 5 Un Gas Imp Ut Par A- Lit A 2V ■Western Union 56V 58V Rubber,— .Firestone 22 Goodrich 14, 15 Goodvear 3V. U 8 Rubber I<V li 3 , U S Rubber pfd 29V 29V Kei Spring

Amusement*— Fox Thea ... . 133. Loews Inc 31 30 3 4 ' 36 7 * 30' 2 Radio Corp gs. ga, RKO 2 2 Warner Bros - 4 ... 6 5 3 4 Food*— Am Sugar . . . 55 .^ Armour A 4’* 4 41* 4 Beatrice Cream.. .. ... . . im Borden Prod ... 21 3 * 21 Cal Packing 1 ... 22 Canada Drv G A .. ! ... 28 3 * 29 Coca Cola . . 98 3 ,* Cont Bak A ...'j ... 2 7 8 Corn Prod ■ 751. 2 76 Crm of Wheat.. .. ... 28 28 s Gen Foods ... 36 5 * 36© Gold Dust ' ... 18' 18> 8 G W Sugar - ... 39 ' 8 38L Int Salt | ST>3 Loose Wiles ’f ... . 42 3 4 Natl Biscuit , ... 49 50' 4 Nat! D Prod ... 13'2 13 ‘2 Purity Bak . . . ... 13’, S Porlo Rico S 38 ! 2 Std Brands .. 23 3 4 23 f 23 5 a 23' 2 United Fruit . .. 66' 2 66' 4 66>- 4 56' 4 Wrlgley 5S 3 4 56' 2 Retail Store*— j Ass Drv Goods.. .. f ..} . . 14 Best & Cos 28 28' 2 Gimbel Bros ... ... sa, Gimbel pfd ... ... 22’* Gr Un Tea .. 41 4 43, Hahn Dept Sts.. 5 5' 4 5 3 4 5 3 4 Kresge S. S lS’s 13 3 s Kroger Groc .. ... 24 5 Macy R H . .. 531„ Mar Dept St ... 26' 4 28' 1 Mont Ward 24 > a 24 24 23 5 8 Penny J C 53* 2 53 * 2 Safeway S' . .. . . . 46', Sears Roebuck. .. 44^ 8 441, Woolworth 42 7 s 42’ 4 Aviation— Aviation Corp .. .. \ ... 7’ 4 73, Douglass Ai>- ... 15 14/ 4 Curtiss Wright.. .. ... 2’* 2 s * Curtiss Wr A ... ... 55, Nor Am Av ..... . 5 3 * 5 3 4 United Aircraft. 34 s * 34’* 34 5 * 34' 2 Chemicals— Air Reduction 103 Allied Chem . 147' 2 Am Com Alcohol 4H ' 2 48’ 4 43' 4 49' 2 Col Carbon 63 63 7 8 Com Solvents .... ... 32 ' 4 32' 4 Dupont 91 -- 4 911 a Freeport Tex 475* Liquid Carb 29' 2 29' 2 Math Alkali ... 4040 ’ 4 Tex Gulf Sulph. 42% 42% 42% 44' 2 Union Carbide.. .. . 47% 47% U S Ind Alcohol. . . 62% Natl Dist /new/ 26% 26% 26% 26% Drugs— Coty Inc ... 4 3% Lambert 28% 28 Zonite Prod 7 7 Financial— Adams Exp ... 8% 8% Allegheny Corp ... ... . 4 Chesa Corp ... 36 36 Transamerica . . . 6% 6% Tr Conti Corp ... 4% 4% Building— Am Radiator .. 15% 15 Gen Asphalt . . 17% 16% 17' 4 16% Int Cement . 32 % Johns Manville 63 62' 4 62% 63 Libbv Owens Gls 34% 34% 34% 34 % Otis Elev 15% 15% Ulen Const ... ... 2% Miscellaneous— Am Bank Note . ... 15*8 15% Am Can 99% 99 99. 98% Anchor Cap ... ... 22 Brklyn Man Tr 29% 29 Conti Can , . . 75% 75% 77% 75% Eastman Kodak . . ... .. 83% Owens 3ottle .... . . 83% 83% Gillette 10% Glidden ... 15% Gotham Silk . 9% Indus Ravon 81% 81% 81% 81 Inter Rapid Tr. 9% Real Silk Hose . 9% New York Curb Bv Abbott, Hoppin & Cos. —Dec. 7. Allied Mills 8% Close. 1 Alum Cos of Am 80% Gen Aviation . 52 Am Cvanide 813 Glen Alden Coal 13% Am Gas A- El . 19% Gulf Oil of Pa. 58% Am Superpower 2% Hiram Walker.. 44 Ass Gas * El . % Hud Bav Mm. 9% Atlas Coro . 12 Humble Oil . . 102 Brit Am Tob A 28% Imp Oil Ltd.... 14% Brit Celanese.. 3% Int Petrol ... 21% Can Ind Ale A. 16% Lake Sh Min... 46% Can Marc 2% Lone Star Gas.. 6 Carrier Corp .. 6 Mt Producers.. 4% .Cites Serv . ... 1% Nat! Av 9% Commonwlh Ed 37% Natl Bel Hess.. 2% Con Gas of Balt 6% Newmont Min . 50'. Cord Corp .. 7% Nia Hud Pw r . 5% Creole Petrol . 10% Pan Am Airways 51 Crown Cork Int 6% Penn Road . ... 2% Deere & Cos ... 32 St Regis Paper 2% Distillers Lim . 20% Sal Creek Prod. 6 Distillers Corp. 22% Sherwin Wms.. 44% Dow Chem . .. 73% Std of Ind .... 32% El Bd A- Sh .. 15*8 Std of Kv 15% Fisk Rubber 7% Teck Hugh Gold 5% Ford of Can A 14% Wright Harg M 6% Ford of Europe. 5%

U. S. Government Bonds

Bp t nited Press NEW YORK Dec. 7.—Closing Liberty bonds: Decimals represent thirty-seconds/ LIBERTY 3%s '32-47/ 100 2 First 4%s 1 32-47> 101 2 Fourth 4%s 1 33-38> 101.16 Fourth 4%s 133-38' Called 101 6 TREASURY 4%5. 3%S 143-45) 99 4s '44-54' 102 12 3%S '46-56' 100 25 3%S '43-471 99 4 3%s >4l-43/ March 99 5 3%s >4O-43/ June 99 9 3%S '4l > 98 18 3%S '46-49* 96 3s >sl-55/ 94 9

Federal Farm Loan Bonds

,Bv Bivth A- Cos.. Inc./ —Dec. 7 Bid Ask 4s Nov. 1. 1957—37 80% 81% 4s Mav !. 1958—38 80% 81% 4%s Julv 1, 1956—36 81 82% 4%s Jan 1. 1957—37 81 82% 4%s Mav 1. 1957—37 ...... 81 82% 4%s Nor. 1. 1958—38 81 82% 4%s De; 1. 1933—32 99% 100% 4%s Mav 1. 1942—32 87 88% 4%s Jan 1. 1943—33 87 88% 4%s Jar. I. 1953—33 83 84% 4%s Julv 1 1953—33 83 84% 4%s Jan 1, 1955—35 82 84% 4%s July 1. 1955—35 83 B‘% 4%s Jan. 1. 1956—36 83 84% 4%s Julv 1. 1953—33 87 88', 4%s Jan. 1, 1.354—34 87 88 4 4%s July 1. 1934—34 87 88% 5s Mav 1. 1941—31 94% 95% 5s Nov I, 1941—31 94% 95% Home Loan Is. July 1. 1951.. 83% 83%

STOCK VALUES STRENGTHEN ON GOOD DEMAND Oversubscription of U. S. Treasury Notes Aids Security List.

Average Stock Prices

Average of thirty industrials for Thursday: High 103.01. low 101,07. last, 102 01, up .76 fttrage of twenty rails. 41.91. 40 34. 41 53. up 1 000: average of twenty Utilities 23.86. 23.35. 23.50. off .13: average of forty bonds. 82 39. up 42: average ! of ten first rails. 82.39. up .42. average of ten second rails. 65 59. up .80: average of ten utilities. 90 95. off .09; average of ten industrials. 83 96 .up .32. BY ELMER C. WALZER I'nited Press Financial Editor NEW YORK, Dec. B.—Oversubscription of the $950,000,000 treasury notes offered yesterday brought a firmer tone into the stock market today. Initial prices were up frac- ; tions to a point with trading fairly active. Leading industrials showed gains on good demand. American Can | rose to 99' 2. up a 4; Case 73, up l 2; j Auburn 49%, up ' 2 , While smaller : advances w’ere noted in American Radiator, Moto Meter. U. S. Steel, Texas Corporation, United Aircraft, and Sears Roebuck. Wet stocks W’ere mixed with ■ American Commercial Alcohol off a point at 48’ 2 and Standard Brands up '.4 at 23 \. Utilities held around i the previous close as did motor shares. Mail order shares were firm on their favorable sales reports i for November. Rails held yesterday's gains. Farm j equipments were in moderate demand. Mining issues were irregular with American Smelting up ’ 2 at 44*2 and Anaconda off % at 14 %. During the early trading the market was steady around the opening levels. Trading slowed up. Commodities w’ere steady to firm. Silver last 25 to 37 points while cotton gained a few points. Bonds i were irregular in a narrow range 1 with trading light. The dollar held around the previous close in terms jof foreign exchange. The R. F. C. retained its $34.01 per ounce price 1 for gold.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 8— Clearings $1,321,000.00 ! Debits 3.753.000.00 TREASURY STATEMENT —Dec. 8— Net balance for Dec 6 . $1,025,514,036.20 Misc int. rev. repts 6,237,607 93 Customs repts. 11/10. to di 5,056,448.08

Investment Trust Shares

/By Abbott. Hoppin & Cos.) —Dec. 7 „ Bid. Ask. American Bank Stocks Corp... 71 81 American A; General Sec A.... 3.50 5.50 American & Gen Sec Inv Tr Sh 1,50 250 Basic Industry Shares 337 344 British Type Inv Tr Sh 45 iso Collateral Trustee Shares A... 4.64 474 (Corporate Trust Shares loldi.. 2.35 240 Corporate Trust Shares (new/ 2.28 2.32 (Cumulative Trust Srares 407 i Diversified Trust Sh IAI 6.25 Diversified Trust Sh 181 7.37 767 Diversified Tr Shares (C> 3.05 310 Diversified Tr Shares (D l .. , 4.80 490 First Insurance Stock Corp.... 132 136 First Common Stock Corp 83 98 Fixed Trust Oil Shares I A I . .. . 8.70 890 (Fixed Trust Oil Shares 1 8 1 .... 7.28 7.48 Investors. Inc 17 87 18 25 Low Priced Shares 5.60 570 Mass Inv Trust Shares 17.87 18 25 Nation Wide Securities 314 320 No Amer Trust Shares ('SB) .. 2.50 2.70 No Amer Tr Shares i’ss-’56/.. 238 2.41 Selected American Shares 2.60 Selected Cumulative Shares 680 700 Selected Income Shares 350 390 Std Amer Trust Sh IAI 2.96 3.00 Trust Sh of America 2.86 290 : Trustee Std Oil tA * 5.50 575 Trustee Std Oil (Bi 5.13 5.30 U S Elec Lt At Pwr IAI 10.25 10 50 'Universal Trust Shares 2.99 304

Foreign Exchange

(By Abbott. Hoppin Ac Cos.) —Dec. 7 Close. Sterling. England $5.09% Franc. France 0609% Lira. Italy 0822 B’lgias. Belgium 2155 Mark. Germany 3720 Guilder. Holland 6270 Peseta. Spain 1275 Krone. Norwav 2565 Krone. Denmark 2282

Daily Price Index

Bp United Press NEW YORK. Dec. 7.—Dun Ac Bradstreet's daily weighted price index of ! thirty basic commodities, compiled for the 1 United Press: (1930-1932 average. 100) Todav 100.91 Yesterday 100.65 ( Week ago (Nov. 29/ 100.10 Month ago 101.06 Year ago 72.28 1933 high 'Julv 18/ 113.52 1933 low (Jan. 20/ 67 86 Copyright. 1933, by Dun Ac Bradstreet. Inc. Other Livestock BY UNITED PRESS PITTSBURGH. Dec. B.—Hogs—Receipts. 1.200: holdovers. 600; active: 10c to mostly 15c higher; top and bulk. 53.90 ! for desirable 170-240-lb. weights; 240-300 lbs $3.75®3 80; 140-lb. down, slow; 120-140-lb auotable up to $3.35; 90-110-lb. pigs. $2.75®3: packing sows $2.85 down. Cattle—Receipts. 60; nominal. Calves—Re- ! ceipts. 100; steady; bulk vealers. S6® 6.50medium grades. $4.50® 5.50. Sheep—Re- ( ceiots. 500: good demand. 10c higher on better grade lambs. $6.75® 7.35 for sorted 66-90 lb. lambs according to weight and oualitv; aged wethers strong at $3.25 down; ewes. $1®2.50

The Day's Weather

By United States Weather Bureau Indianapolis forecast: Partly cloudv ar.d cooler tonight: lowest temperature about 24: fair tomorrow Indiana forecas* Cloudv to partlv cloudv and colder: probab'e snow flurries in extreme northern portion tonight: fair tomorrow. Ohio; Cloudv and colder with light snow |in northeast portion tonight; tomorrow fair: colder in southeast portion. Kentucky: Partly cloudy and colder tonight. tomorrow partly cloudy; colder in east portion. Bp l nited Press WASHINGTON. Dec. 8 —High tempera--1 tures yesterday and lowest last night in twenty cities as reported by the weather bureau; t Quebec 28 24 Chicago ... 46 34 Boston 40 34 Minneapolis . 34 4 New York 46 32 Kansas City . .60 28 Washington . 44 30 Omaha 56 18 Miami 78 56 Salt Lake City.s2 32 Atlanta ..56 38 Denver 60 26 New Orleans. 58 46 Dallas 64 42 Memphis ...54 44 Phoenix 70 42 Indianapolis 43 36 Seattle 48 44 Cleveland .48 38 San Francisco.sß 50 AGENTS TO HEAR TALK Home Office Insurance Official Principal Speaker. Edgar Webb, in charge of managers' training in the home office of the Equitable Life Assurance Society of the United States, will be the principal speaker at the annual con- , ference of the Homer L. Rogers agency of Equitable at the Severin Dec. 15 and 16. Mr. Webb formerly was assistant agency manager in the Indiana i agency before going to New York as assistant to Frank L Jones, vicepresident of the society.

THE INDIANAPOLIS TIMES

Bright Spots

By I'nilfd Pres* Midland Steel Products Company reports net profit for first ten months of 1933 of $692,639, against net loss of $492,631 in like 1932 period. Pratt and Lambert Incorporated declares extra dividend of 124 cents a share. Liquor Carbonic Company declares special dividend of 25 cents a share. American Capital Corporation declares dividend of <5 cents a share on S3 cumulative preferred stock, first payment since Oct. 1, 1931. J. C. Penney Company reports November sales of $19,215,786, up 27.7 per cent from November, 1932. Torrington Company increases annual dividend rate from $2 to $3 a share. Sears Roebuck and Company reports November sales of $28,763.631, up 27.2 per cent from similar 1932 month. Alabama Great Southern Railroad resumes dividends on common stock by declaring payment of $2 a share. LABOR BOARD CHIEF VISITS CITY ON TOUR Troubles in Industry Easy to Adjust, He Says. In a visit to Indianapolis yesterday, Dr. W. M. Leiserson of Washington, secretary of the national labor board, asserted that most of the labor trouble existing in industry can be adjusted by mediators. “I merely am making a routine tour of inspection,” said Dr. Leiserson. explaining that his visit here had no special significance. “A clear statement of the positions of employer and employe usually finds them not so far apart,” said Dr. Leiserson. in conversation with the members of the Indiana regional labor board during a visit to their offices in the Federal building. Dr. Leiserson announced that he would visit Dayton. 0.. when he leaves here, to aid in settling some labor trouble there.

On Commission Row

—Dec. 8— Fruits Cranberries—Cape Cod early blacks, 25lb. box. $2.25® 3. Grapes California emperors, crate. s2® 2.25. Pears—Washington D’Anjou (90-165s>, $2.75: Washington Bose (100-1355). $2.75; Avacos. Fla. ilo-16s), crate, $2. Bananas—Per pound. 5%c. Apples—Wealthy. Wolf River, Grimes Golden. Jonathan, Florida, $1.35®T.75. a bushel; fancy Jonathans, $2 a box. Grapefruit—s3 ©4 Prunes—ldaho Italian, 16-lb. lugs, sl.lO. Oranges—California Valencias. $3.50© 4 a box. Lemons—(36oc), $4.50@5. Vegetables Cabbage—Eastern Danish, 50-lb. bag, *1.35© 1.50. Onions—Western white. 50-lb. bag, $1.40; Indiana white. 50-lb. bag, $1.25; Indiana, yellow. 50-lb. bag. $1; 10-lb. bag. 20c. Beans —Round stringless, hamper. $1.75; flat stringless, $1.36® 1.50. Beets—Bulk per bushel, $1; California, 85c per dozen. Peas—loo-lb., $4. Carrots—California, $3 crate. Cauliflower—California (11-12s), crate $1.50. Celery—Michigan Mammoth, bunch. 65c: medium bunch. 45c: hearts. $1.15; 15-bunch flat crate. $1.15; California, $2.85 crate. Cucumbers—Florida, $3.50 bushel; hothouse. $1.15 per dozen. Lettuce—lceberg best (4-ss) crate. $4.25; hothouse. 15-lb. basket. $1; Michigan endive. 51.50 per bushel. Radishes—Hothouse button, 40c dozen. Spinash—Broadieaf, per bushel, 75c. Turnips—Per bushel, 75c. Tomatoes Hothouse. [email protected] 8-lb. basket. Potatoes—Northern Round Whites, 100lb. bag, $1.50® 1.65; R. R. Ohios, 100-lb. i bag. [email protected]; 15-lb. bag. 33c; Wyoming j triumphs. 100-lb. bag. $2.10. Sweet, Potatoes—Nancy HallS, per bushel. I *1.35.

Produce Markets

Delivered in Indianapolis prices—Hens, I 9c: Leghorn hens, 6c; heavy breed spring- ! ers. 8c; Leghorn springers. sc; cocks. 5 j lbs. and up, 6c: under 5 lbs.. 4c; ducks, I 4% lbs. and over, full feathered and fat. I 6c; under 4% lbs., 4c; geese, full feathered | and fat. sc. Turkeys—No. 1 young hens. | 8 lbs. and over. 10c; young toms, 12 to I 20 lbs., 10c; No. 1 young toms over 20 i lbs.. Sc: old toms. 6c: No. 2 trin crooked breasted. 4c: No. 1 strictly fresh country run eggs 22c; 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, 2a© 26c; No. 2. 22®23c. Butter—No. 1 25® 26c; No. 2. 22© 23c. Butterfat—l6c. Quotea by the Wadley Company. BY UNITED PRESS CHICAGO. Dec 8. Eggs Market, steady, receipts 2.727 cases, extra firsts. 24c; fresh graded firsts, 22c; dirties, 11© 13c; checks. 10© 12c; current receipts. 17© 19c. Butter—Marked, steadv: receipts, 11.071 tubs: extras, 21c. 92 score; storage standards, 17%c, 90 score; storage extras, 18%c. 92 score; extra firsts, 19©20c, 9091% score: firsts. 16©18%c. 88-89 scores: seconds. 15%, 86-87% score; standards. 20c. 90 score; specials. 21%®22c. Poultry —Market, steady; receipts. 43 trucks; rock springs, 10©;llc: Leghorns. 7c; hens. 8® 10c: colored springs. 9%®10%c: Plymouth Rocks, 10%© 11c; white rocks. 10%©ll%c; heavy white rocks. 6®9c: geefee. B%c--turkey toms. 13c: old turkey toms, lie roosters, 6%c. Cheese—Twins. 11%©11%cLonghorns. 12©12%c; S. daisies. 12®12%c. Potatoes—Supply moderate, demand and trading slow, market steadv: Wisconsin Round Whites. $1.22%® 1.27%: Minnesota and North Dakota Red River Ohios. $1.20© 1.25; Idaho Russets. $1.60® 1.65combination grade. $1.35® 1.45 Colorado McClures. $1.60: shipments, 544; arrivals. 61: on track. 211. ' NEW YORK. Dec B.—Potatoes—steady: 1 Lang Island. $1®3.55 Der bbl.: Maine SI ©3 per bbl.: Idaho. $180®2.10 per sack; Canada. $1®1.70 per bbl. Sweet Potatoes ■ —Weak: Jersey basket. 4Qc®sl.ls: South- ; ern bbl.. $1.25© 1.75; Southern basket. 35c l ©51.13. Flour—Dull and unchanged; 'springs patents, 56.35® 6.60 per sack, i Pork—Steady. Mess—sl7 per bbl. Lard— Dull. Middle West Spot—ss.3o® 5.40 oer 1 100 lbs. Dressed Poultry—Steadv: turkeys. !13®21c: chickens, B®23c; broilers. 12® I 22c: capons. 17©28c: fowls. 8© 15c; ducks. I 10® 13c; Long Island ducks. 15® 16c. Live Poultry—Steady and firm; geese. 7© 12c: turkeys, 14®20c: roosters. 8c; ducks. 7© 13c; fowls. 10®17c; chicilens. 9® 15c; capons. 14®20c; broilers. 8© 15c Cheese— Dull: state whole milk, fanev to specials. 20®21%c: Young America. 12%®13%c. Butter—Receipts. 10.814 packages: market, steady: creamery, higher 'ihan extras. 22%©23c: extra. 92 score. 22c: first. 90 to 91 score 20%®21%c: first. 88 to 89 score. 17%®19c: seconds. 16%©T7%c: centralized. 90 score 20%©21c: centralized, 88 to 89 score. 17%® 19c: centralized. 84 to 87 score 16%®17%c: ladles, current make, extras. 17®17%c: firsts, 15®15%c: packing stock, current make No. 1. 13c: packing stock, current make No. 2. 12c. Egg —Receipts, 6.144 cases: market unsettled": special packs, iscluding unusual hennerv selections. 28©31%c: standards 27c: firsts. 23c: mediums, 16%c: dirties, 17c: checks, 15c. CHILDREN'S SERVICES ON CADLE PROGRAM Miss Helen Jones, Uldine Utley to Preach at Event,Today. Cadle Tabernacle was expected to be the mecca for many children this ; afternoon when Miss Helen Jones, widely known lecturer for children,; will assist Uldine Utley, girl evange- ! list, who is conducting the revival meetings now in progress. The new children's choir will be j organized at the meeting. Miss j Anna Jones will assist at the piano j in the presentation of the children's hour. Miss Utley this morning spoke on spiritualism and its relation to the Bible. Last night, Uldine preached cn “A Witness Becomes of Age." Tomorrow night she preaches on, "A Sermon Without a Text.”

SWINE MARKET HOLDS STEADY AT CITY YARDS Cattle. Lambs Unchanged: Vealers Weak to 50 Cents Lower. Porker prices resumed a steady trading rnage at the Union Stockyards this morning for tne fourth consecutive day. Initial trad? was slow in developing and practically all classes held at yesterday's average. The bulk, 160 to 275 pounds, sold for $3.30 to $3.40. Several kinds weighing 275 pounds and up were salable at $3.10 to $3.25. i while lighter grades scaling from 130 to 160 pounds were available at $3.10 to $3.35. Small pigs weighing from 100 to 130 pounds sold at $2.35 to $2.85. Receipts were estimated at 11.000. Holdovers, 231. Cattle market showed little ! change from the previous session, with few’ loads of good beef steers selling at $5.50 to $5.65. She stock moved slowly and held stationary. Receipts numbered 400. Vealers were weak to mostly 50 cents lower, salable at $6 dowm. Receipts w’ere 600. Steady action featured trading in lambs, while few’ good ewe and wether classes sold from $7 to $7.25. Bucks ranged from $6.25 down. Throwouts sold down to $4. Receipts w’ere 1,000. Initial bids and sales on hogs at Chicago held steady with yesterday's average. Early top was $3.55. Receipts w’ere estimated at 22.000, including 1?,000 directs; holdovers, 3,000. Cattle receipts W’ere 1.000; calves, 1.000; market strong. Sheep receipts numbered 10,000; market strong. HOGS P ec Top Receipts 2 $3 45© 3.55 $3.55 3,000 4. 3.457/ 3.55 3.55 10 000 5. 3.30® 340 340 14,000 6. 3.30® 3.40 340 10,000 7. 3.30® 3.40 3.40 9.000 8. 3.30® 3.40 3.40 11,000 Market, steady. (140-160) Good and choice $ 3.25® 3.35 —Light Weights—--1160-180) Good and choice ... 340 (180-200) Good and choice.... 3.40 Medium Weights—-/200-220) Good and choice... 3.40 l (220-250) Good and choice 3.35® 3.40 Heavy Weights—j 1250-2901 Good and choice 3.25® 3.30 (290-350) Good and choice.... 3.15® 3.25 —Packing Sows—- | (350 down) Good 2.60® 2.85 ; (350 up I Good 2.35® 2.75 ; (All weights/ Medium 2.25® 2.50 —Slaughter Pigs—-(loo-130) Good and choice.... 2.35® 2.85 CATTLE Receipts, 400; market, steady. (1.050-1,1001 Good and choice $ 5.00® 6.25 Common and medium 3.00® 5.00 (1.100-1,5001-Good and choice 4.50® 6.15 Common and medium 3.25® 4.50 (675-750* Good and choice 5.00® 6.50 Common and medium 3.00® 5.00 (750-900)—-Good and choice 4.25® 6.25 Common and medium 2.50® 4.50 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, 600; market, lower Good and choice $ 5.50® 6.00 Medium 3.50© 5.50 Cull gnd common 1.50® 3.50 —Calves—-(2so-500) Good and choice 3 50® 4.50 Common and medium 1.50® 3.50 —Feeder and Stocker Cattle—-(soo-800) Good and choice 3.50® 4.50 Common and medium 2.00® 3.50 (800-1.500/ Good and choice 3.50® 4.50 Common and medium 2.00® 3.50 SHEEP AND LAMBS Receipts. 1,000; market, steady. 1 90 lbs. down) Good & choice.s 6.50® 7.25 (90 lbs down/ Com. and med.. 4.00® 6.50 (90-110 lbs.) Good and choice. 6.25® 7.00 —Ewes— Good and choice 1.75® 2.75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS. CHICAGO. Dec. B.—Hogs—Receipts. 22 - 000. including 12.000 directs; active, strong with yesterday's; 170-310 lbs.. $3.40® 3.60: top. 53.60 paid freely; light lights. $3.10© 3.40; pigs. $2.25®3: packing sows, $2.50(5 2.85: light lights, 140-160 lbs., good and choice, $3®3.45; lightweights. 160-200 lbs., good and choice. $3.30©3.60; medium weights. 200-250 lbs., good and choice. 53.50© 3.60; heavyweights 250-350 lbs., good and choice. $3.25®3.60: packing sows. 275550 lbs., medium and choice. $2.40© 3: slaughter pigs. 100-130 lbs.. good and choice. $2.25® 3. Cattle—Receipts, 1.000; calves. 1,000; fairly active on better grade light steers and yearlings: lower kinds strong, medium and weighty steers easy; demand on long fed heavy bullocks narrow: best long yearlings. $6.35: sprinkling medium weight steers and long yearlings. $5©5.65: bulk weighty bullocks. $4®4.75; other killers steady: most cutter cow’s, $1.40® 1.85: most light vealers. $3.50®4.50: select. ss® 5.50: slaughter . cattle and vealers: Steers, 550-900 lbs. good and choice. $5.75® 7; 900-1.100 lbs., good and choice, ss© 6.85; 1.100-1.300 lbs., good and choice. $4.50©6.40: 1.300-1.500 lbs., good and choice. $3.75® 5.75: 550-1,300 lbs., common and medium. s3®s: heifers. 550-750 lbs., good and choice. $5.25©,6.65; common and medium s3© 5.25; cows. good. $2.90® 3.75; common and medium. $1.90®2.90; low’ cutter and cutter cow’s. $1.35®1.90; bulls, yearlings excluded, good beef. $2.75®3.25. I cutter, common and medium. s2©3; vealers. good and choice. $4©5.50: medium. $3 ©4; cull and common. $2.50(83: stocker and feeder cattle: Steers. 550-1,050 lbs., good and choice, $3.75©5.25: common and medium. $2.75© 4.25. Sheep—Receipts. 10,000: fat iamb undertone steady: bulk around 57®7.25: best held above $7.35; sreep firm; feeding lambs steady; slaughter sheep and lambs: Lambs. 90 lbs. down good and choice, $6.75®7.35: common and medium. ss® 7: ewes. 90-150 lbs . good and choice. $2.25®3.25: all weights, common and medium. $1.50®2.50: feeding lambs: 50-75 lbs., good and choice. 55.50®6.10. FT. WAYNE. Dec. 8 -Hogs—Steady; 160-200 lbs.. $3.35: 200-250 lbs.. $3.25; 250300 lbs.. $3.15; 300-350 lbs.. $3: 150-160 lbs.. $3.20; 140-150 lbs.. $3.10; 130-140 lbs.. $2.90: 100-130 lbs.. $2.60: roughs. $2.50; stags. $1.50. Calves —$6; lambs. $6.75. EAST ST. LOUIS. 111.. Dec B.—Hogs Receipts. 7.500; market, moderately active and steady with best time yesterday; top. 53.55: most sales. 160-210 lbs., $3.50; a few less desirable kinds. $3.40®3.45; no action on pigs; few sows. $2 40© 2.60. Cattle—Receipts. 1.000: calves. 600: market, not enough steers to make a market: heifers and bulls steadv; cows. 10® 15c higher; vealers. 25c lower with top kinds $5 50: heifers. s4® 5; cows. s2® 2.50: lowcutters. $ 1 e-i 1.50; top sausage bulls. $2.65; slaughter steers. 550-1.100 lbs., good and choice ss® 6 25. common and medium. $2 75® 5.25; 1.100-1.500 lbs., choice. $4.50® 5 75- good. $3 75® 5.50: medium. $3.25© 5. Sheep—Receipts, 1.000: market; no early sales; lambs, packers bidding lower; sheep unchanged: lambs. 90 lbs. down, good and choice. $6.50®7.25: common and medium $3 SO® 6.75; yearling wethers. 90110 lbs., good and choice $4,50® 5.75: ewes, 90-150 lbs., good and choice. slso® 2.75; all weights, common and medium. Sl© 2. LAFAYETTE. Dec. 8— Hogs—Market, steadv; 170-225 lbs.. $3.20® 3.25; 225-275 lbs $3.10®3.15: 275-325 lbs , s3© 3 05: 140170 lbs.. S3® 3.10; 100-140 lbs . $2.25®2.75: roughs, $2.75 down; top calves. $5; top lambs. $6. , _ CLEVELAND. Dec. B.—Cattle—Receipts. 350 market active todav and 25® 50c higher for the week: steers. $3.25© 6.25, according to weights and grades; common ’o good heifers. s3© 4.75: medium to good cows. s2© 3. Calves—Receipts. 250; slow and dull: extreme top. $7; market 50c lower for week: choice to prime. $6.50®7; common s3® 4.50. Sheep—Receipts. 1.500; active and strong; bulk choice lambs. s7® 7.50: steady for the week with earlier losses regained: choice wethers. $2.50© 3.25. Spring lambs, choice. s7® 7.50: common and cull. S3® 5. Hogs—Receipts. 1,300: market slow and 10c lower todav; 20c lower for the week; heavies. 53.65; butchers and choice Y’orkers, $3.65; pigs, $3. Bp Timm s^reinl LOUISVILLE. Dec. 8 Cattle—Receipts. 200; supply light; demand broad; market fullv steadv bulk common to medium steers and neifers. s3© 4.25: better finished fed kinds. 54.50 to around $5.50 for best lightweights; bulk beef cows. 52©2.50: few 52.75 and aboie: low cutters and cutters. sl® 1.75; bulk sausage bulls. s2® 2.50; common to medium native Stockers and feeders mostly $2 50© 3.50. Calves— Receipts. 250. vealers mostly 50 cents lower: bulk bet'er grades $4 50: strictly choice handyw eights. $5. medium and lower grades $3 down Hogs—Receipts, 1 000: steadv. 180-250 lbs $3 45. 255 lbs up. $3.15: 140-175 lbs, $3 05. 110-135 lbs. $2.25; 105 lbs down. 11.60: sows. $2 15; stags. 90c. Sheep—Receipts 100: steadv; bulk medium to good lambs, SS.jOoS choice kinds to $6.50: bucks mainiv, $4 50 ®5: throwouts. $3.50; fat slaughter ewes mostly, $2.

Chicago Stocks . . Rt Abbott. Hoooin A C<*. ' 1 " "

TOTAL SALES 61.000 SHARES —Decc. 7 High. Low. Close. Abbot Lab 42 4040 American Yvette Asbestos Mfg . 3‘ Basnan-Blesslng B*-a 8 8 Bendix Aviation 17’* 16 16 Borg-Warner ofd 20 19 ljj'2 E L Bruce Cos • • • 1 2 J a Butler Bros 4% 4% ; Castle AM 101 a Cent Pub Util S Cent A- So West Cent & So West ofd , 8-* Chi North Western... 9 8% B’* Chicago Corn Com ... 2% 2’-. 2 Chicago Corp cfd “ Chicago Towel pfd . , % Cities Service 1% 1% I * Cord Corp 7% '% 7 Crane Cos • . _L Crane Cos Dfd 39% 36 39 '2 Curtis Mfg Cos * Gardner-Denver Cos . .. . .•■ Great Lakes Aircraft.. 1 " * Great Lakes Dredge ls , Grigsbv-Grunow Hall Printing Houdaille-Hershev A■%,, J" Kentucky Ut Jh Cu Dfd 12 11 a Leath Com is. . . "A s * Libbv-McNeil ?, Lion Oil Refining Cos .. / ,1 2 Lvnch Coro 34 33'i' 34 Marshall Field 15 j < 15 * Middle West Utilities " Midi Utilities 6% P L Musk Mot Spec A 10% 10_ 10 n National Leather ... . . 1 " Nobhtt-Sparks Ind. Inc 25 i 24 )2 2 : No W Util Pr Lien .. 3% 2% 2’. Oshkosh Overall, pfd .. . . • Potter Cos 4 3 * ♦'? Prima Cos 10 9 * . ?, 2 Public Service N P -15 2 Quaker Oats Pfd... 112 *ll oia Rath Packing • , *2,4 Raytheon V T C 2-* 2 9 Reliance Mfg Cos . ■ ■ • l* 1 * 15 * 15 * St Louis Nat Stk Yds 50 Sears Roebuck •••. %',* Signode Stl Strap pfd , Southern Union Gas.. .. ••• , 4 So West G & El pfd.. 42 41 42 Storkline Furniture ... ... ••• Swift A- Cos . • 15% 15 15 2 Swift International ... 29 5 s 29> 29 4 U S Gvpsuc com 4 ? 5 2 Utah Radio ■ 1-8

ELECTRICITY COSTS LESS, IS CONTENTION Utility Company Submits Data to Commission. Evidence that reductions in consumer cost for electricity amounting in some cases to as much as 59 per cent was submitted yesterday by the Public Service Company of Indiana before the public service commission in connection with a rate case involving the utility. The data was given by L. B. Schiesz, controller of the company. Answering the charge that electricity has not come down in proportion |to other domestic expense. Mr. Schiesz said that electricity rates aid not rise when other prices rose. “On the other hand,” he said, | “electricity has come down considerably in average cost to the consumer.” NEW FORDS TO BE DISPLAYED TOMORROW Small Price Increases On 1934 Models. Bp United Press DEARBORN. Mich., Dec. B.—The Ford Motor Company will put its 1934 model cars on display in 7.000 dealer showrooms Saturday at price increases on passenger cars ranging from $5 to $35. Prices on commercial cars will be lowered from $lO to S3O. Henry Ford and his son Edsel presented the new models to newspaper men at a. preview here Wednesday. Similar to present models in appearance, the new cars will feature improvements in engine performance and a built-in ventilation system. The dual down-draft carburetor and dual intake manifold are among engine improvements.

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 5.25® 550 Indiana, mine run 5.00® 525 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg 8.25 Pocahontas forked lump 925 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.

In the Cotton Markets

• —Dec. 7 CHICAGO High. Low. Close. January 10.00 9 98 9 98 March 10 16 10.13 10.16; May 10.31 10 25 10.30 1 July 10.41 10.39 10.40 October 10.60 10.56 10.60 , December 9.97 1 NEW YORK January 9.96 9 88 9.96 March 10.12 10.05 10 10 Mav 10 26 10 18 10 23 July 10.38 10.30 10.35 October 10.53 10 46 10.53 December 9.95 9 88 9.94 NEW ORLEANS January 9 90 9.89 9 92 March 10 09 10.03 10 08 Mav 10.23 10 17 10.22 July 10.34 10.29 10.32 October 10.58 10 48 10.50 December 9,86 9 83 9.85 Births Boys. Robert and Rachel Owens. 709 Lexington. William and Dell Melvin. 2018 Caroline. Girls Frank and Dorothy Cox. St. Vincent’s hospital. Ronald and Madge Ingram. St. Vincent's hospital Emil and Goldie Adelman. St. Vincent's hospital. Deaths Joann Eads. 4 mo.. Riley hospital, miliary tuberculosis. Henry C. Bertrand. 50. 255 lowa, apoplexy. Lemuel A. Anderson. 63. 2625 Manker. carcinoma. Charles Becker. 66. 2402 West Wilkins, coronary thrombosis Francis A. Neal. 61. 44 Alton, coronary occlusion. Ralph Thrasher. 35. city hospital, cerebral concussion. Chester Edwards. 42. Methodist hospital, appendicitis. Marv T. Cuppies. 75. 20 West Ninth, chronic myocarditis. Maude Edith Brents. 49. Ethel and Thirtieth, coronary thrombosis. Ertha V. Turner, 33. 532 West Seventeenth. nephritis. Edmund A Beyer. 66. 227 North Capitol, acute dilatation of heart. CHICAGO FRUIT MARKET By United Prens CHICAGO. Dec B.—Apples—Michigan ; Jonathans. $1.30*11.50; Mclntosh, $1.25*7 1.75: Spies. $1 25*ilJ>0. Carrots—lllinois. 40*i 50c bushel. Spinach—lllinois. 75c*1 51: bushel. Beans—Southern Green. SI SOft 165 bushel. Mushrooms—lllinois. 15*i 25c 1-lb. carton. Cucumbers—Southern $2*i2.75 bushel. Tomatoes—California !si 25*i2 Illinois and Ohio hothouse, 75*i 85c. Leaf lettuce—lllinois hothouse. 12V*t | 15c box. Celery—Michigan, 25*j75c square ! crate Cabbage—Wisconsin. s2*i2 25. 100 lbs Sweet potatoes —Illinois. $1 15*jl 35; Indiana, $1.50*1160 Onion market—Western Valencias. 85*t.92Vc; central western yellows. 70*i 90c NEW YORK COFFEE FUTURES —Dec 7 SANTOS High. Low. Close. January ... 8 53 March ... 8.65 May 8 78 8 77 8 78 Julv 8 36 8 85 8 86 September ... 9 15 December ... 8 51 RIO January . 6.07 March 6 15 6 12 6 12 . May 6 28 6 24 6 24 Julv ... 6,35 | September ... 6.46 December .. ... 5.95

Utility a- Ind J Vortex Cup Cos 8 Walgreen Cos com . 18 5 18>2 18>2 Ward Mongomery A 87' 2 87 87 Wisconsin Bankshares. 2W 2’. 2’, Zenith Radio 3'. 2S 3'.

Indianapolis Cash Grain

—Dec 7 The bids for car lots of grain at the cal! of the Indianapolis Board of Trade L o b. shipping point basis 41 '2 New York rate, were: Wheat Steady; No 1 red. 80 981 c: No. 2 red. i9©Boc; No. 2 hard. 79© 80c Corn- Strong No 3 w hite 41® 42c; No. 4 write, 40© 41c; No. 3 yellow 40 0 41c. No 4 veilow- 39© 40c. No. 3 mixed. 39©40c No. 4 mixed. 38© 39c Oats—Strong No. 2 white. 33 934 c; No. 3 white. 32® 33c. Hay if. o. b. country point* taking 23-jC or less rates to Cincinnati or Louisville/ Steady; No. 1 timothv, $7.50© 8; No. 2 timothy. $7©7.50. —inspections— Wheat—No 2 red. 2 cars. Total, 2 cars Corn—No. 4 white, 1 car: No. 5 white 1 car: No. 2 yellow 10 cars; No 2 3 yellow. 12 cars. No. 4 veHow", 17 cars: No. 5 yellow 6 cars: No. 6 veilow 2 cars; No. 3 mixed 1 car; No. 4 mixed. 1 car. Total 51 cars. Oat*—No. 2 white. 2 cars: No. 3 white. 1 car; cars. Total, 6 crts. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 77 cents for No 2 soft red wheat. Other grades on their merits. CHICAGO CASH GRAIN Bp United Press CHICAGO. Dec 7.—Cash Grain—Wheat —No 1 hard. 86c: No 2 hard, 85 ! 4 c; No. 3 hard. 85' 4 c: No 3 mixed, 83' 4 c, weevily Corn /old I —No 2 mixed, 48>2®49c; No. 3 mixed. 48c: No 1 yellow. 49 3 4 c; No. 2 yellow. 48’ 4 ©49 3 4 c: yellow . 48' 4 S 48'2C. No 4 veilow. 47 , i®48 , 2C: No 5 veilow. 48c: No. 2 white, 49c: No 3 white, 48 3 4 c. Corn (new)—No 3 mixed. 47' 2 c: No 4 mixed 45 , 2©46 1 ;r; No. 2 veilow, 47-’ 4 ® 48’ 4 c_: No. 3 yellow. 47®48c; No. 4 yellow, 45 3 4 ®46c: No 3 white. 47' 4 ©47'2C. sample. 34’ 2 c. Oats—No. 2 white 35’ 4 ®37c: No. 3 white. 34 3 4 ®36c; No. 4 white 34> 4 c. Rve—No 2 weevilv, 64c Bariev—42®66r. Clover seed—sll© 13.85. Timothy—ss 50 ®6. Cash provisions: Lard. $5; loose. $4.67; leaf. $4.62: S Bellies. $5.50. TOLFDO CASH GRAIN Bp United Press TOLEDO Dec. 7.—Grain closet (Grain in elevators. transit billing.) Wheat— No 2 red. 88 1 2 ®89 1 2C. Corn—No. 2 vellow. 54® 55c. Oats—No. 2 white. 40* j® 41V2C. Rye—No. 2. 71 ©72c. /Track prices 28 1 2C rate./ Wheat—No 1 red. 85®85' 2 c: No. 2 red, 84@85c Corn—No. 2 yellow. 49 ®slc; No. 3 yellow, 47' 2 ®'50c: No. 4 yellow. 46' 2 47' 2 c: No. 5 veilow. 45' 2 ®46 1 2 c Oats—No. 2 white. 37' 2 ®38' 2 c; No 3 white. 36@37 , 2 c. Seed close Clover—December. $8: Marcr. $R.25. Alsike—Cash $8.50; December, $8.70. NEW Y’ORK RAW SUGAR FUTURES —Dec. 7. High, Ix/w. Close. January 1.22 1 20 1.20 March 1.27 1 24 1.25 May 1.33 1 .30 1.30 July 1 36 1.35 1.35 September 1.43 1.40 Ml December 1,17 CHURCH GROUP WILL GIVE SUPPER, BAZAR Affair Sponsored by Sunshine Class. Thirty-First Street Baptists. A Christmas bazar and chili supper, sponsored by the Sunshine Philathea class of the Thirty-First Street Baptist church, will be given tonight and tomorrow night in the church recreation hall. Mrs. Robert Barker is in charge of the program, which will feature a rag doll booth, a fish pond and a Japanese garden. Girls taking part in the festivities are Marie Denton, Newell Whelan, Lucy Williams, Mary Katherine and Jane Preston, Hazel Wilson, Frances Gisler. Mary Alice and Beatrice O'Donnell, Evelyn Meek. Dorothy Downey, Ariminta Fullilove and Vona Cox.

lE. M. Popp | When placing insurance of ||| any kind, just call f s 712 Circle Tower I RI. 1810

;WE BUY t AND>ELLi U. S. GoTrn*tent Bonds U. S. Territorial and Inaular Bond* Indiana Municipal and Gravel Road Bonds Land Bank Bond* Home Owner*’ Loan Corporation Bond* Bond* and Stock* of Indiana Corporation* General Market Municipal end Corporation Bonds i Indianapolis Bond and Share Corporation 129 Cast Morlitl Slr**t T/#phon R/l*/ 4551

Delightful Winter Cruises to the West Indies For the traveler who desires to combine a refreshing vacation with an escape from cold weather . . . hut whose time is more or less limited ... a West Indies cruise answers the exact requirements. Here are quaint, interesting lands that will introduce him to new traditions and customs . . . and a winter climate incomparably delightful. Plan to go this season . . . and let the Union Travel Bureau arrange all the details of your cruise. RICHARD A. KL RTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis ft UNION TRUSTS 120 E. Market St. RI ley 5341

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. Woollin*

.DEC. 8, 1933

FUTURE PRICES MOVE DOWN IN NARROW RANGE Grains Ignore Firm Tone in Share Market: News Is Scarce. BY HARMAN W. NICHOLS Pres* Staff Correspondent CHICAGO. Dec. B.—Despite improved stocks and a firm undertone established in coarse grains yesterday. gram values fell off fractionally at the opening of the Board of Trade today. Wheat futures were ' 4 to \ cent lower, corn was H lower to © cent higher; and oats werp \ to 4 cent lower. Brokers f’it wheat still was in a trading position. Traders felt uncertain about the wheat market and few had definite opinions. Much of the interest was transferred to the coarse grains, where bullish opportunity appeared better. At the moment the country's holding back of corn is the topic of interest, while the short supply of oats is also attracting attention. Some selling of the July .delivery of wheat yesterday was based on the forecast for snow over the belt, although prediction also was for much colder weather west and southwest. Chicago Primary Receipts —Dec. 7 Bushels Today Wheat 265,000 Corn 426,000 Oats 84,000 Chicago Futures Range —Dec. 8— WHEAT— prey. High. Low. 10 00. close. May 87V* ,86’ 4 .87 .87 July 85'® ,84 7 g ,851* .85*4 CORN— May 53' 2 .53 .538* .53'* July 55 .54$* ,54 7 * ,54 7 OATS— May .38'* .38 .38 .38’i July 36' 2 ,36'i ,36 3 * .36' a RYE— May SO 3 . .60 ,60 3 4 ,60' 2 July 61’* .61’* .61 7 s .61 3 a BARLEY— May .48*4 .48'/ .48*4 ,48 3 i July .. .. .48 ST. LOUIS CASH GRAIN Bp United Press ST LOUIS. Dec. 7.—Wheat in fair demand. steadv tone. No. 2 red 88' 2 c: sample red. 77c: No 2 red. garlicky. 87c No. 3 red garlicky. 87' 2 c: No. 1 hard 87c. Corn in good demand, unchanged to ' 2 e higher; No. 3 mixed, new. 47' ?c: No 2 yellow. 49' 2 @50' 2 c; No. 3 yellow, new, 47®47’ 2 c: No. 4 veilow. new. 45c: No 4 veilow. old 46c: No 5 veilow 43©43' 2 c Oats in fair demand unchanged: sample white. 35c: No. 2 mixed. 3S'®c.

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PT/v/ COLLATERAL i °7n loans ® / No Co-Maker* Repaid Over a Whole Year The Indianapolis Morris Plan Cos. g, E. Corner Delaware and Ohio St*. RI. 1536.