Indianapolis Times, Volume 45, Number 183, Indianapolis, Marion County, 11 December 1933 — Page 14

PAGE 14

The Street Hears Best Joke of Season: Underwriters Have Better Opinion of Themselves. BY RALPH HEXDERSHOT

Time* Special Financial Writer The suit was shining more brightly, and everything was much more cheerful today for the boys in Wall Street who have been working so hard over and worrying so much about the new securities act. It wasn’t that they felt any more certain that the act would be amended or that the old order of business would be restored, and it wasn't that they had discovered any new ways of getting around its provisions. It had to do with their spiritual well-being—if one can imagine anything of that sort. The last few months have been more or less of a nightmare for them. They have been indulging in such practices as looking at themselves through the reverse end of a microscope and peering over their

shoulders to see if they had begun to grow tails. Every time they went out they imagined people were pointing their fingers at them. They had even begun to look upon each other with more than the usual distrust. But recently one of their number made a discovery. In going through his old files he found the original offering prospectus of a vending company stock which had made a notoriously bad showing. It is currently quoted at 1-16 bid. The circular was one of the most glowing pieces of literature ever to come out of the Street. It projected earnings for the next five years, and the net profits anticipated ran into many millions. a a a Circular in Demand And reading down through the list of directors he came upon the name of a man who occupies today a very high position in the new deal administration. He could hardly restrain himself. Here was the evi-

Ralph Hendershot

dence that even the mightiest can trip on occasion. He lost no time in telling his friends about it, and before night the news had traveled throughout the financial district over the grapevine route. It was the chief topic of discussion over the luncheon tables, and the circular was soon commanding a high premium. Let it be said in the Street's favor, however, there was no suggestion that it might be used to help put over the proposed amendments to the act. As already observed, the discovery served chiefly to buoy up the spirits of the underwriters and to provide them with the best joke they have had in years. a a a nan Brokers Imbibe Sparingly Wall Street has done very little celebrating thus far in the postprohibition era. Brokers taking lunch at the New York Stock Exchange Luncheon Club have imbibed very sparingly, and similar conditions have prevailed at the other famous eating places in the financial district. This is not especially surprising, however, for dealing in securities is a rather serious business, and, besides, most of those in the financial district are obliked to watch their expense accounts very carefully these days.

New York Stocks "'“(Br Abbott. Hoppln At Cos.) ——————

Dec. 11— Prev. Oils— High. Low 10 30. close. Amerada 44% 44% 44% 44 Atl Rfg 30% 30% Barnsdall 9% 9% Consol Oil 11% 11% 11% Cont of Del ... 18% 18% Houston i new) 4% Houston old i 25 Mid Cont Pet .. 13% Ohio Oil Pet Corp ....... t. .;. 10% 10% Phillips Pet ..i 17% 16% Pure Oil *ll’4 12 Bhd Oil 34% 34\ 34% 34% Shell Un 8% 8% 8% ... Simms Pet .. 10 10% Soc Vac 16% 16% 16% 16% SO of Cal 42% 42 S O of Kan 39 S O of N J ... . 46% Texas Corp .... 26% 26% 26% 26% Tidewater Assn. ... 10% 10% Un Oil of Cal .. 20% 20% 20% 20 Steels— Am Roll Mills .. . ... ... 20% Beth Steel 36% 36% 36% 36% Bvers A M 29% 29% 29% 28 Cruc Steel ... 22% Inland Steel ... ... . 28% Ludlum Steel .. 18% 18 18% 17% Natl Steel 50 49% 50 49% Rep Irgto A- Steel 17% 17 Rep Ir*A- Stl pfd 39 38% U S Smelt - ■ 9a2 Vanadium 24% 24'a 24% 23 i Mid Steel 14% 14 14 13' - U S Pipe & FdV 20’, 20% 20% 20% U S Steel 48% 48 48 47% U S Steel pfd . ■■ 86% 84", Youngtn S& T. 24% 24 24% 22% Rails— Atchison ... 56% 55% Atl Cst Line 41 % B & O 25% 25% Can Pac .. 13% 13' a Ch A Ohio .. 40% 40% 40% 40Chi & Gt W 3% 3% C M A St P 5% 5% C M A St P pfd 9% 9% Chi N W 9 9% Chi R Is 3' 2 Chi R I 7% pfd 5% Dela A Hud 57% 56% Erie 15% Grt Nor pfd ... 22% 22'2 111 Central 32% 32% 32% 32% K C Sou 13 12 1 2 Lou A Nash ... 52 50'M K A T 9% 9% Mo Pac 3% Mo Pac pfd ... 5 N Y Cent. . 38% 38% 38% 37> • N Y Chi A St L 16% N Y Ch A St L p 18% N Y New Haven 18% 17% N Y Ont A Wes 9% Norfolk A Wes 160 Nor Pac 25 24% Penn R R 31 30 % Reading . . 46% Sou Pac 21% 21% 21% 21 Sou R R 27% 27% 27% 26% Soil R R pfd 30% 29% Union r>ac 114% 114% West Maryl 10% Motors— Auburn 58% 56% Chrysler . 53 53 Gen Motors ... 34% 34% 34% 34% Graham Mot ... . . 3 Hudson ... 14% 14% Hupp 4 V* 4 Mack Truck 38% 38 Nash 25% Packard 4% 4 4 4'. Reo 4% 4% Yellow Truck 4% 4% Motor Access— Bendix 17% 17 Bohn Alum .. 54 54 Borg Warner 20% 20% 20% 20% Briggs 11% 11% 11% 11 Budd Wheel 3% Eaton Mfg 13% 13’, Elec Auto Lite ... ... 20% 20% Hand A 4% 4% Mullins Mfg 6% Murray Body 7% 6 s Stew Warner 6% Timken Rol 31 31 Mining— Alaska Jun .. ... 21% 22 Am Smelt ... 44% 44% Anaconda ... 15 15 Cal A Hecla 4% Cerro De Pasco 35% Gt Nor Ore ... 10% 10', Homestake Min ... ... . 310 Ins Con"rr ... 4% Int Nickel . 22% 22% 22', 21% Kenner-t Cop 20% 20% * 20% 20% Noranda Cop . 35', 35% Phelps Dodge ... ... 16% Tobaccos— Am Snufl 51 Am Sum Tob . . 16’, 16% Am Tob (At.. .. .. 73% Am Tob *B t 76% 76', 76% 75% Gen Ci-ar . .. . . ... 29% Lig A ..Ivers 181 .. ... 86% 86 LorrtUird 17% Reynolds T Bi 48 Equipments— Allis Chalmers 20% 20% Am Car A Fdv 25 24% Am Loco ... 29% 28% Am Mach A Fdv 14% 14% Am Steel Fdv 18% Bald Loco 12% 12 Burroughs . . IS 1 , Case J I .. 73% 73% Cater Tract 26 25% 26 25% Colgat Palm Pt ... IT 10% Congoleum ... 23% 23 % Elec Stor Bat.. .. ... . . 45’, Foster Wheeler ... 16% 16 Gen Am Tk Car . .. 32’, Gen Elec 21% 21% 21% 21% Gen R R Sig 32% Ingsol Rand ... 64% 63% Int Bus Mach 146 Int Harvester .. . 42% 42% Kelvinstor . . 11% 11% 11% 11% Natl Cash Reg. 17% 17% 17% 17% Proc ’3 Gamble 42 Simmons Bed .... Pullman Inc ... 47% 47', Und E'hot 35% 36 West At B ... 27’, 28 Wcstlnth Elec 42% 41% 42 41% Worthington P . .. ... ... 34% Utilities— Am For Pwr ... 9 s , 9% Am Power A Lit 7 6% A T A T 120% 120 120% 119% Am Wat Wks 18% 18% Brook Un Gas.. .. ... 64 Col Gas A Elec 12 11% Col G A E pfd 52% Com A Sou I s , 1% Consol Gas 38 37% Elec P A Lit 5 E P A L .. 8% Int T A T 13% 13% 13'j 13% Lou GAEA 15% 15% Nat Pwr A Lit ... 9% 9% North Amer .... 15% 15% 15% 14’, sac G A E 16% Pub Serv N J 34 So Cal Edison 15% td Gas 8% Bs*8 s * td Gas pfd 9 United Corp 5% 5 Un Gas Imp 15 15 Ut Pwr A Lit A. 2% 2% Western Union . 58% 58 58% Si's Rubbers — Firestone 21% Goodrich a !•*% Goodyear ... 38 38 U S Rubber 17% 17% U S Rubber pfd 29% 29 Amusements — Fox Thea 14 Loews ine .. 32 5 , 32% Radio Corp 7% 7% 7% 6% RKO 2% 2% IParnr; Bros .. 6% roods— Am 3tttse Mtct-’’ A • Best sirs Cream. ... 1C , Prod ... 21% 21% 21% 21%

Wall Street

Cal Packing . 225/, 221/ Can Dry G Ale. .. ... ™ 8 29% Coca Cola ....... gq i,, 001/ Cont Bak A .... ” 882 2 Corn Prod ' 7 2i/ Crm of Wheat.. 28% 28 '2B Gen Foods 3,34 Gold Dust. ;;; 4 ?S 3 * G W Sugar gale ->o 8 Loose Wiles I!” " I” 38H 5S Natl Biscuit .... ... * 401, Natl D Prod ... 'iqi/, 13% Purity Bak 141. H,® S Porto Rico Sug . . got Brands 23’4 23% *23% 23% Wrlgley I!! " Retail Stores— Asso Dry Goods 141. Best A Cos "* 8 Gimbel Bros Gimbel pfd ' n?i 8 Gr Un Tea *" ’' kv. * 8 Hahn Dept Sts.. . , ... gi/J Kresge S S 14% 14% 14% 14 Kroger Groc 25 243 Macy R H . .! ; l 4 " 4 May Dept St *'* l;,-, 4 Mont Ward ‘24% Penny J c 2 Safeway St . 401 ,2, 4 Sears Roebuck.. .. *” 447 2 Woolworth 44 8 43,“ Aviation— . Aviation Corp at Douglass Air ,5 3 8 Curtis: Wright ' ’O3. ?s 4 Curtiss Wr IAI.. .. 5s 4 ,, 8 Nor Am Av 8 2, 8 United Aircraft. .. *“ "34% 34 \* Chemic i!s— Air Reduction In , Allied Chem .!' i s o 1491. Am .om Alcohol 53% 53% 53% 52% Col Carbon 041 4 Com Solvents SSi 8 SS, 2 Dupont 92-’, *9? 2 Freport Tex 4%,, Liquid Carb in 8 Math Alkali . ... .. . ‘ '4Ol. 40 rex Guif suiph..: ::: 402 12 Union Carbide '471.' ;i 7 4 n s mdu Alcohol.. 62% Na.l Dist mewi .. ... 27% 27% Drugs— Coiv Inc 41, 4 ■irug Inc Lambert *" - o a i Zonite Prod 7(,?■ Financial— Adams Exp 03. R! Allegheny C'orp.. 4 3% 4 3% Chesa Corp .... . is 743 Transamerica... .. 3 2- 4 Tr Conti Corp "4% 4’/, Building—*m Radiator.... 15% 15% 15% 15% In " Cemem. .7.7 18S * 18 ’‘ 18 ’ 0 aii% Ops Elev 16% 16 16% 16 Ulen Const .... 3% 3 31, 3 Sliscellaneous— Am Bank Note icy Am Can 100% 100 4 Brklyn Man Tr.. . IUU 2 7Si Conti Can .. . 75% '75% '75% 75s 8 Eastman Kodak .. .. 84 i 8 iSi 8 Owens Bottle as 4 o^s C lle.te 10% io% so% 10% f: of ham Silk !? . 15,4< 16 I tdu Ravon . %4 OS3 Inter Rapid Tr. .. ." ? n 4 Real Silk Hose.. .. ... "10 gy

U. S. Government Bonds

/>)/ l nited Press YORK. Dec. 9.—Closing Liberty (Decimals represent thirty-seconds) Liberty 3%s (32-471 99 30 First 4%s (32-471 10100 Fourth 4%s (33-38* 101 13 Fourth 4%s (33-381 called 10L3 t Treasury 4%s (47-521 105.24 4%5. 3%s (43-45) - 98.16 4S '44-541 102.8 3’,s (46-561 100.19 3%s (43-47) 98.16 ■7%s 141-43 March 98.18 ' J ,s (40-43) June 98 24 3%S 141 > 98 6 2',s (46-49) 95 1 3s (51-55) 93.30

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Dec. 9 Bid. Ask. 4s Nov. 1, 1957—37 79% .80% 4s May 1. 1958—38 79% .79% 4%s July 1. 1956—36 80% .81 4%s Jan. 1. 1957—37 80% .81 4%S May 1. 1957—37 80% .81 4%s Nov. 1. 1958—38. 80% .81 4%s May 1. 1942—32 86% .87% 4%s Jan. 1, 1943—33 86% .87% 4%s Jan. 1, 1953—33 82% .83% 4%s July 1. 1933—33 82% .83% 4%s Jan. 1. 1955—35 82% .83% 4%s July 1. 1955—35 82% .83% 4%s Jen. 1. 1956—36 82% .83% 4%s July 1. 1953—33 82% .83% 4%s Jan. 1. 1954—34 86% 87% 4%s July 1. 1954—34. 86% .87% 5s May 1, 1941—31 93*4 .94% 5s Nov. 1. 1941—31 93% 94% Home Loan 4s. July 1. 1951... .84 .85

The Day's Forecast

Weather forecasts as given by the United States weather bureau follow; Indiana—Generally fair, somewhat colder in northeast and extreme southeast portions tonight: tomorrow, increasingly c.oudv, slowly rising temperature: probably snow in west portion in afternoon. Indianapolis and Vicinity—Fair and continued cold tonight, with lowest temDerature about 17; tomorrow, increasing cloudiness with slowly rising temperature. West Virginia—Partly cloudv and colder tonight with light snow m northern portion: tomorrow partly cloudv Kentucky—Fair and colder tonight; tomorrow. slowlv rising temperature in central and west portions. Ohio—Partlv cloudv and colder with light snow in northeast portion tonight: tomorrow partlv cloudv. slowly rising temperature In west portion. WASHINGTON. Dec. 11—Highest temperatures yesterday and lowest last night in twenty cities as reported by the weather bureau; Montreal .... 4 -4 Chicago 36 10 Boston 22 10 Minneapolis .. 28 -8 New York ... 28 70 Kansas City.. 56 18 Washington . 34 79 Omaha 42 10 ’"lami .70 ii Salt Lake City 54 36 • %' ■’ 56 n-nver 66 44 •r c. - 72 6 ' 7* 52 - "a x ... 76 42 ■idianspolis. 42 IS Scsti'e 54 44 Cleveland ...134 28,San Francisco 60 50

STOCK SHARES RESUME RALLY IN FASTTRADE Strong Demand Sends List Fractions to Over 2 Points Higher.

Average Stock Prices

Average of thirty Industrials for Saturday High 103 04, low 100 18. last 102 92. up 188 average of twenty rails. 42 12. 41 09. 42 07, up 88: average of twenty utilities 23. 82. 23 30. 23.67, up .19; average of forty bonds, 82 69, up. 18. BY ELMER C. WALZER L'nited Press Financial Editor new YORK, Dec. 11.—Saturday’s rally carried over into tpdav’s stock market session. Prices rose fractions to 2 points in active trading that brought out several large blocks of stock. Allied Chemical opened at 150 up Land anew high for the year. American Can equaled its high at 100 ’• 2 , up 6. Auburn Auto on a block of 2.000 shares, jumped 2 points to 584. All groups shared in the advance. Wet stocks were fairly active at fractional gains. Rails, oil, mining issues, textiles, steels and utilities were fractionally higher. Radio Corporation opened 3.500 shares at 7'L, up M. American Telephone was up 4 at 120 on 1,500 shares, steel common rose 4 to 48 on 1,000 shares. Chrysler opened 2,500 shares at 53 unchanged and equal to its high for the year. General Motors also was at the previous close. Farm equipments made small gains. Mail order shares were in active demand at better levels. During the early trading prices ruled strong with dealings active. Traders placed orders over the weekend and wall Street was heartened when word went around today: “Buyers in the market.” Retention of the R. F. C. gold price at $34.01 for the ninth day had little effect on stocks or commodities.

Bank Clearings

Indianapolis Statement —Dec. 11— Debits” 8 * $1,478,000.00 TREASURY STATEMENT —Dec. 11— Misc b int n ßep f °renV; $1,025,866,407 95 Customs repts mo. to date.' 7.8:404.96 New York Curb (By Abbott Hoppin A C’o.) —Dec. 9 Allied Mills .. C 13%! Hiram Walker.. *44% Aium Cos of Am 82' 3 Hud Bav Min. 9", Am Bricrage I'aHumb'e Oil .. .103’, "a 171 Cyanide 813 Imperial Oil Ltd 14 Am Gas A El.. 19% int Petrol 21% Am Superpower 2% Lake Sh MinP; 45% Atio G r? S * E - , 'ijLibby McN Lib. 31/, At la .7 Corp .... lt%|tone Star Gas fit* Axton Fisher T 63% Natl Bellas Hess 2' British Celanese 3' 2 , Newn>onr Min .. r-n 15 du c Hud Pwr.. s'. Can Marc .... 2% Novadel Agene 55 Cord S a?" % an ’ Am Airways 50% corn Corp . .. 8% Penn Road 2% Creole Petrol.. 10%'Rt Regis Paner’ 2% Rffm, * •• $2 ! Sherwin Wms. . 44% Rcf ■!| erS ,t lm ' 2'i 8 pf In< l 32’, Distillers Corp'. 22% Std of Kv 157 8 p!sk 3 R,T,h?^ are Technicolor"ind 9’, Ford R of b Ca r n A h S°u r ,? sf. in?. 58%_^_ r “ 858 New York Bank Stocks (By Abbott. Hoppin A Cos.) —Dec. 9 _ , , Bid. Ask. Brooklyn Trust 75 70 Central Hanover ’. niy, 1,7 Chase National “gi/! “i^y, Chemical 09% 26"? National City 171 8 f,, 8 Corn Exchange 42% 43% Fmntr n e ental 107 ' 8 11 First National 1100 1 115 4 In. ir>R i qirjsf Manhatten A Cos 23% 24% Manufacturers is icv New York Trust 753, 701 V Pn, -c 21% 22%

In the Cotton Markets

—Dec. 9 CHICAGO High. Low. Close. £f n Ji? ry 10 05 9.95 10.05 £ UI S 10.47 10.39 10 47 December 10.05 9.95 10.00 NEW YORK n 'i? ry 9.99 9 89 9.99 “L’i 1 /. 10.41 10.30 10.41 December 9.99 939 9.99 NEW ORLEANS M arch 10.12 10.02 10.10 December 9.84 9.82 s'.B3 Other Livestock BY UNITED PRESS CLEVELAND, Dec. 11.—Cattle—Receipts, I~?4 m , ar kct fully steady and active; all sold: little change in prices from Fri2®V s close; choice steers. 750-1,100 lbs.. $J ,5 (1 6 25, good. 550-900 lb. steers. ssr 5.50; good heifers. $4.25(5'4.75; good cows, all weights. $2 50(17 3. Calves—Receipts. 500; market in good shape; showing strength, all sold; choice to prime. $6.50®7; choice to good. $647 6.50; common. s3<fis. Sheep— Receipts. 300; market active and strong; all sold, choice wethers. *2.504)3.25: medl'i I 5 $1.504)2: choice spring lambs. $7(37.00. Hogs—Receipts. 3.000: majfxet fairly active, but 15 cents lower on restricted demand; heavies. $3 50; choice butchers. 150-250 lbs.. 53.50; stags, $1.25® EAST ST. LOUIS. 111.. Dec. 11.—Hogs— Receipts. 16.000: market slow; 20-35 c lower: sows, 15c lower: pigs and light lights not established: 160-230 lbs.. $3 2547 3 30: practical top, $3.30; small lot or two. $3.35: sows. $2.2547 2.35. Cattle—Receipts. 5.000; calves, 2.500: market, steer supply liberal; undertone lower: vealers. 25c lower. top. $5 25 on vealers; other classes opened steady; mixed vearlings and heifers, $44)5.50; a few heifers. $6: cows. $24) 2 50: low cutters. $13125; top sausage bul’i, $2.65: slaughter steers. 550-1.100 lbs., gooa and choice. $536.25. common and medium. $2.7535.50; 1.100-1.500 lbs., choice. $4,504) 5.75; good. $3.753 5.50: medium. $3.253 5. Sheep—Receipts, 2.000: market, opened steady to strong to citv butchers: better lambs. $7. with few at $7.25; packers talking lower; indications steady on throwouts and sheep; lambs. 90 lbs down, good and choice. $6.50 3 7 25: common and medium. $3 503 6.50: yearling weathers. 90-110 lbs., good and choice. $4.5035.75; ewes. 90-150 lbs . good and choice. $1,503 2.75. all weights, common and medium. sl3 2.

PITTSBURGH. Dec. 11.—Hogs—Receipts. 5,500; fair demand. 25@35c lower; top and bulk. $3.65 on 170-240 lb. averages; 250350 lb., quotable. $3.50 down; 150 lbs.. $3.25: 120-140 lbs. $2.75® 3: pigs. $2.75 down; packing cows, mainiv $2.85. Cattle —Receipts. 650: grass steers steady to easier; bulk grass steers. $4 50® 5; fed steers more plentiful: two-load best steers averaging around 1.150 lb.. *5 60. the top. two-load 1.200 pounders. $5.25; 1.345-lb. load. $5: .medium grade grass steers. $3 75® 4.50: good grass heifers. $3.504/4: cows, steady at $3 down; bulls, mostly $2 750 3 25; best kinds. $3.50 Calves— Receipts. 500; slow about steady; top vealers. $6.50: medium. $4 [email protected]. Sheep —Receipts. 1.300: active, best grade fat lambs, mostly 10c higher: top and bulk. $7.50; medium, around S(T culls, down to $2 50: aged wethers. $3.25 down. CINCINNATI. Dec. li.—Hogs— Receipts. 6.300: including 630 direct and through; holdover, none, market generally 10c lower than Friday, or 20c under Saturdav: packing sows and underweight around sleadv; top and bulk. 160-225 lbs.. $ 340; 225-230 lbs. $3 30: 250-300 lbs $3.10® 3.20: 130-160 lbs. [email protected]; pigs ,''so down: bulk good sows. $2.25: better lightweights $2.50. Catt'.e—Receipts. 2.200. calves—Receipts. 300: trading on most classes lower, steady to weak on best steers and heifers: from around 1,000 lbs. down; most bids on plainer kinds and all weightier steers a shade lower; early sales fed kind'. $5 06; bulk grades $3.30® 5; cows and bulls, steady: bulk bulls and beef cows. $2.25® 3; low cutter and cutter cows. Sl4/2 2V calves weak to 5"- ’■> -er: m"-!'* sic’ d-iin. few v i . 1 ."77 • it*"!'. Iruifc', *6 jG 'i 7 i.D 3 most iy. $*.505 6.25. fat ewe&As2 downward.

THE INDIANAPOLIS TIMES

Bright Spots

Bt United Pres* General Motors Corporation reports November sales of 35,417 units, against 12,780 in November, 1932. West Point Manufacturing Company declares extra dividend of $1 a share. Grand Union Company reports November sales at $2,235,306, against $2,163,689 in similar 1932 period, an increase of 3.3 per cent. Bucyrus Monighan Company declares dividend of 40 cents a share on Class B stock, first payment since January, 1932. Pullman Company earns October net income of 5174,157, against deficit of 5273,110 in October last year. Kroger Grocery and Baking Company reports sales for four weeks ended Dec. 2 of $16,266,255, up 3 per cent from corresponding 1932 period.

On Commission Row

—Dec. 11Fruits Cranberries—Cape Cod early blacks, 25lb. box. $2 50. Grapes California emperors, crate, $2.15(52.25. Pears —Washington D'Ajou (90-1655), $2.50; Washington Bose < 100-135S>. $2.75; Avacos. Fla. 110-160, crate, $1.75®2. Bananas—Per pound. 5Vc. Apples—Wealthy, Waif River. Grimes Golden. Jonathan. Florida. $1.15(51.85, a bushel: fancy Jonathans, $2 a box. Grapefruit—s3® 4. Oranges—California Valencias, $3.50. a box. Lemons—(36oct, $5. Vegetables Cabbage—Eaatern Danish, 50-lb. bog, $1.75. Onions—Western W’hite. 50-lb. bag. $1 25; Indiana white. 50-lb. bag, $1.25; Indiana yellow. 50-lb. bog. $1.25. Beans —Round stringless, hamper. $1.75. Beets—Bulk per bushel, $1.15; California. Peas —30-lb. hampers. $3.30. Carrots —Ohio, 40c per dozen. Cauliflower—California (11-12s), crate $1.65. Celery—Michigan Mammoth, bunch. 65c; medium bunch. 45c; hearts. $1.15; 15-bunch flat crate. $1.15; California, $2.75 crate. Cucumbers—Florida. $4 bushel; hothouse. 90c per dozen. Lettuce—iceberg best (4-ss) crate, $4.50; hothouse, 15-lb. basket, 90c. Radishes—Hothouse button. 40c dozen. Spinach—Broadleaf, per bushel. 90c. Turnips—Per bushel, 75c. Tomatoes—Hothouse. sl.lO, 8-lb. basket. Potatoes—Northern Round white, 100lb. bag. $1.6551.75; R. R Ohios. 100-lb. bag, $1.6551.75; 15-lb. bag. 33c; Idaho Russets. 100 lbs. bag. $2.10. Sweet Potatoes—Nacy Halls, per bushel, $1.50.

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. 4% lbs. and over, full feathered and fat, 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 20 lbs., 10c; No. 1 young toms over 20 lbs., 8c; old toms, 6c; No. 2 trln 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. 25@26c; No. 2, 223>23c. Butter—No. 1. 25326 c; No. 2, 22@23c. Butterfat—l6c. Quotea by the Wadley Company. BY UNITED PRESS CHICAGO. Dec. 11.—Eggs—Market, steady: receipts, 2,401; extra firsts. 23%c; fresh graded firsts, 21%c; dirties, 11313 c; checks, 103 12c; current receipts, 17319 c. Butter—Market, weak; receipts. 12,071 lbs.: extras. 20%, 62 score; storage standards. 90 score. 16%c; storage extras 92 score. 17%c; extra firsts. 90-91% score, 19319%c; firsts. 88-89% score, 163 18%c seconds, 86-87% score. 15%c: standards’ 90 score, 19%c: specials, 20%4/21%c Poul-try-Market. steady to higher; receipts 2 cars, 22 tubs. 1 carton; rock springs 10%311%c; Leghorns. 7c; hens, 8%3 19c colored springs, 9%3 10%r: Plymouth Rocks. 10%3 lie: white rocks. 10%4)Tlc' heavy white ducks, 647.9 c; geese. 9c; turkey toms, 13c; young turkey toms’ lie roosters, 6%c. Cheese-Twins, 11%3 ll%c: Longhorns. 123 12%c; S. daisies. 124) 12' 4C. Potatoes—Supply moderate: no trading on account of cold weather: operators not opening cars; market nominally unchanged: shipments Saturday 706- Sunday 20; arrivals 130; on track 261. NEW YORK Dec, 11.—Potatoes—Steady; Long Island, $133.5a per barrel: Maine $1 33 per barrel: Idaho, $1.8532.15 per sack' Bermuda $63 9 per barrel: Canada, sl4/ 1)0 per barrel. Sweet potatoes—Dull: Jersey basket. 40c®51.15; southern barrel 75c 3 $1.50; southern baskets. 25c35l FlourQuiet; springs, patents. $6.353 6.60 per Pork—steady; mess. sl7 per barrel. Lard—Dull: middle west spot. $5.3535 45 per 100 lbs. Dressed poultry—Steady; f ,o^ k oF' 13321 c; chickens. 8 323 c; broilers, capons. 17328 c; fowls, 83 15cducks 10313 c; Long Island ducks. 153 16c Live Doultry—Steady; geese. 73 12c; turkeys. 12318 c: roosters, 9c: ducks." 7® 12c; fowls, 12317 c; chickens. 10315 c; capons. 143 22c; broilers. 12315 c. Cheese „„Pn*L, state whole milk, fancy to specials 20%3 21 %c; young Americas. 12%313%c. Butter—Receipts. 8,174 packages; market Itemed: creamery higher than extras, 21%3 22%c; extra, 92 scare 21%c- first .score. 203 21c. first 88 to 89’ score! 1i%319c; seconds. 16%317%; centralized. 90 score. 20®20%c; centralized, 88 to 89 score. 17% 319 c: centralized. 84 to 87 score. 16%317t 4 c- ladies current make, extras, 17317%c; firsts. 15315%c; packing stock, current make No. 1. 13c: packing stock, current make No. 2. 12c. Eggs—Re-r-ipts, 5.430 cases; market, firm; special packs, including unusual hesserv selections. 283 31 %c; standards. 27c firsts. 23c; mediums, 16%c; d'.-t'.cs. 17c: checks. 15c.

B rths r -. Dewey and Flora ” mbrough. 654 Eddv. Hernert and Cordelia Taylor. 825 South Pershing. Richard and Eva Tunstill. 1611 Yandes John and Loretta Woods. 3732 East Twenty-eighth. Albert and Augusta Hunter. 729 West T venty-sixth. Ennis and Dola Jackson. 2032 Olive Roscoe and Evelyn Wrav. 2722 Martindale. Manual and Katie Parrett, 2240 Yandes Virgil and Arlie Woodard. 1615 Astor. Lester and Mildred Stockton, 1112 North Arnold. Fred and Fannie Parker. 1206 Yandes Robert and Roberta Gilbert. 344 West Eleventh. Paul and Ruth Wortman, 3125 McPherson. Arthur and Hilda Miller, St. Vincent's hospital. Raymond and Christine Maguire. St, Vincent's hospital. John and Martha Gist. 1144 Churchman. Charles and Dorthea Winslow. 220 South Ritter. Carl and Lorena Simon, St. Vincent's hospital. Leland and Charlotte Carter. St. Vincent's hospital. Allen and Thetis Harris, 1133 West Thirty-fifth. Paul and Jeannette Gann. 1333 South Belmont. Boys. Paul and Hilda ~ ohnson. 2503 Reformer. Homer and Effie Danford. 122 Minkner. Gilbert and Helen Holland. 1357 Blaine. Charles and Mary Anthonv. 2047 Alvord. Melvin and Cleo Stone, 3l South Reichwein. Gaylord and Llewellyn Millikan. St, Vincent's hospital. Gilbert and Margaret Carter. 3836 East North. Deaths Sarah C. Kelley. 69. 1123 West New York acute dilatation of heart. Minnie Collins C'offyn. 69. 112 North Chester, chronic interstitial nephritis. Mildred Rawls, 11. city hospital, mitral stenosis. Hubert Lane Hendrickson, 6. Riley hospital. tetanus. Marjorie Ann Bowen. 1, Riley hospital, spina bifida. Alfred A. Easterdav, 72. 1331 Silver, chronic myocarditis. Frances Irene Spratt. 5. Methodist hospital. diphtreria. Sarah Elen Bell, 83 1342 Edgemont. myocarditis. Henry R. Benjamin, 29. 311 South Rural. epilepsy. Andrew Graves. 29. 829 Meikle. miliary tuberculosis. Chailes Holmes. 75. 5234 College, hypostatic pneumonia. Laura Bradway. 76. 3431 North Illinois, apoplexy. Jennie Josephine White. 75. 1843 North Talbott, chronic myocarditis. Marriage Licenses Bernard D. Rosenack. 24. Rilev hospital, physician, and Fannie Kiser 21. of 3715 Washington boulevard, housekeeper. Alfred F. Hartman, 27. Howard county farmer, and Helen Folkening. 23. Franklin township. Marion county clerk. Harlan B. Livengood. 26. of 412 North Alabama street, public accountant, and Crystal Gant. 22. of 725 North Pennsylvania street, secretary. Vincent Kavser. 21. of 5434 College avenue, clerk, and Marian LeMonde. 21 of 6128 Haverford avenue, housekeeper. Lester J. Ludwig. 39. Minneapolis. Minn, business executive, and Margaret Lee Gardner. 26. of 3540 North Pennsylvania street, housekeeper NEW YORK RAW SUGAR FUTURES High. Low. Close January 1.19 1.17 1.i9 ' rch 1.24 1 22 1 24 t r 1.30 1.27 1 30 Se e tier 1.39 138 1.39 December LlB

SWINE MARKET DROPS 10 GENTS AT STOCKYARDS Slaughter Steers Slow and Weak: Vealers Lower at $5.50 Down. Swine prices continued to show weakness at the Union stockyards this merning, and practically all classes moved around 10 cents lower than Saturday's average. The bulk, 160 to 275 pounds, sold for $3.15 to $3.25. Weights scaling from 275 pounds and up were available at mostly $3 to $3.10, while lighter kinds from 140 to 160 pounds brought $3.10 to $3.20. Smallest grades weighing 120 to 140 pounds sold at $2.65 to $2.90, and 100 to 120 pounds brought $1.50 to $2.25. Receipts were estimated at 14,000. Holdovers, 296. All slaughter classes of steers were slow in the cattle market and indications were slightly lower. Few early steer sales were quoted at $3.50 to $5.25. Receipts numbered 600. Vealers declined 50 cents fromthe previous session, selling at $5.50. Receipts were 400. Initial lamb trading was mostly 25 cents lower than Friday's close, with ewe and wether grades salable at $6.75 to $7. Bucks held at $6 down, while throwouts sold down to $4. Receipts were 800. Early asking on hogs at Chicago held steady with Friday’s average. Initial bids were scarce and undertone weak. Receipts were estimated at 15,000 di r ects. Holdovers, 2,000. Cattle receipts were 21,000; calves, 2.000; market lower. Sheep receipts numbered 25,000; market weak.

HOGS Dec. Bulk. Top. Recepts. 5. $3.30® 340 $3.40 14.000 6. 3.30® 3.40 3.40 10.000 7. 3.305 3.40 340 9,000 8. 3.30® 3.40 3.40 11,000 9. 3.25® 3.40 3.40 5.000 11. 3.15® 3.25 3.25 14.000 Market Lower (140-160) Good and choce....s 3.10® 3.20 —Lght Weghts—-(l6o-1801 Good and choce.... 3.25 1180-200) Good and choce.... 3.25 —Medum Weghts—-(2oo-220) Good and choce ... 3.25 (220-250) Good and choce 230® 3.25 —Heavy Weghts—-(2so-290) Good and choce.... 3.10® 3.15 (290-350) Good and choce.... 3.00® 3.10 —Packng Sows—(3so down) Good 2.40® 2.65 (350 up) Good 2.25 5 2.50 (All weghts) Medum 2.00® 2.40 —Slaughter Pgs—-(100-130) Good and, choce.... 2.00® 2.65 CATTLE Recepts, 600; market, steady. ($1,050-1.1001 Good and choce . $ 5.00® 6.25 Common and medum 3.00® 5.00 (LIOO-1.5001-Good and choce 4 50® 6.15 Common-and medum ....... 3.25® 4.50. (675-7501 Good and choce 5.00® 6.25 Common and medum .... 3.00® 5.00 (750-900) Good and choce 4.25® 6.00 Common and medum 2.50® 4.25 —Cows— Good 2.60® 3 00 Common and medum 1.85®2.60 Low cutter and medum ... I.oo® 1.85 —Bulls lyearlng excluded! Good ibeefi 2.00® 2.75 Cutter, common and medum.. I.oo® 2.00 VEALERS Recepts, 400; market, lower. Good and choce $ 5.00®' 5.50 Medum 3.00® 5.00 Cull and common 50® 3.00 —Calves—-(2so-500) Good and c hoce 3.50® 4.50 Common and medum 2.00® 3.50 - Feeder and Stocker Cattle—-(soo-800 ( Good and choce 3.50® 4.50 Common and medum 2.00® 3 50 (800-1.5001-Good and choce 3.50® 4.50 Common and medum 2.00® 3.50 SHEEP AND LAMBS Recepts, 800; market, steady. (90 lbs. down) Good & choce.s 6.50® 7.00 (90 lbs. down) Com. and med.. 4.00® 6.25 (90-110 lbs.) Good and choce. 6.25® "75 —Ewes— Good and choce 1.75® 2.75 Common and medum I.oo® 1.75

Other Livestock BY UNITED PRESS. CHICAGO. Dec. 11.—Hogs—Receipts. 37.000: 15.000 directs; 104115 c lower than Friday; bulk 170-310 lbs.. [email protected]; top. $3.40; light lights $3.25 down; pigs, $2.25 @2.75; packing sows, $2,404)2.75: light lights. 140-160 Tbs, good and choice, $2.85 4)3.30; lightweights. 160-200 lbs, good and choice. $3.20@ 3.40: medium weights. 200250 lbs, good and choice, $3,304/3.40: heavyweights. 250-350 lbs, good and choice, $3 @3.40; packing sows, 275-550 lbs., mediom and good, [email protected]; slaugh--100-!30 lbs, good and choice $2.25(6(2.85. Cattle—Receipts. 24.000; calves. 2,000; liberal sipply light cattle, mostly light steers and yearlings; meager supply strictly good to choice light steers and heifers, about steady, but generally talking 25@ 40c lower on increased supply light cattle, including long yearling steers and heifers scaling 610 lbs, but not much in run to sell above $6.25; all cows weak to 25c lower; larkely steer run; slaughter cattle and vealers: Steers. 550-900 lbs, good and choice, $5,504/ 6,75: 900-1,100 lbs, good and choice. $54/6.50: 1.100-1.300 lbs. good and choice. $4,254/ 6.25: 1.300-1.500 lbs. good and choice. $3,754/5.50 : 550-1.300 lbs. common and medium. $2.75® 5; heifers 550-750 lbs, good and choice. $54/6.65; common and medium. $2,754/5: cows. good. [email protected]; common and medium. $1.75® 2.75; low cutter and cutter. $1.25® 1.75; bulls, yearlings excluded, good beef. $2.75 4/3.25; cutter, common and medium. s2® 3: vealers. good and choice. $44/5.50. medium, s3@4; cull and common, $2.50®3; Stocker and feeder cattle: Steers. 550-1.050 lbs, good and choice, $3,754/5.25; common and medium. $2.75® 4.25. Sheep—Receipts. 20,000: undertone strong to 25c higrer on slaughter kinds; feeding lambs scarce, firm: early sales and bids up to $7.25 on better grade lambs, best holding well above $7.50: slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice, $74/7.50; common and medium, $5.25® 7: ewes 90150 lbs, good and choice. $2.25®3.50; all weights, common and medium, $1.50®2.50: feeding lambs. 50-75 lbs, good and choice. $5,504/ 6.10. Bp Time* Special LOUFIiVILLE. Dec. 11. —Cattle—Receipts, 1.000; early market moderately active on light and handyweight steers and heifers; mostly steady; steers weighing upward of 1.007 lbs, slow and weak to 25 cents lower; cows scarce and about steady; sausage bulls steady to 10 cents higher; bulk common to medium steers and heifers. s3® 4; better finished fed kinds. $4,504/5.75; very lew steers eligible above $3.50; bulk beef cows. $2®2.50: smooth kinds to $2.75 and above for heifer types; low cutters and cutters. sl4/, 1.75; bulk sausage bulls. [email protected]; top. $2.85; common to medium native stockers and feeders mostly $2.50 @3.50. Calves—Receipts, 350: vealers weak to 50 cents lower; most loss on better grades; bulk better vealers. $3 50® 4.50; strictly choice handyweights. $4 50; medium and lower grades, $3 down. Hogs—Receipts. 1.200: market not fully established; some sales reported 10 cents lower or at $3.35 for desirable 180-250 lb. weights; prices. Sheep—Receipts. 100; steady; bulk other interests still holding for steady medium to good lambs. $5 50® 6; choice eligible. $6.50; most bucks. $4,504)5: throwouts. $3.50; fat slaughter ewes mostly $2. TOLEDO. Dec. 11.—Hogs—Receipts. 350; market. 15c to 25c lower; heavy vorkers, $3.15(5 3.25: mixed and bulk of sales, $3.15 @3 25; pig" and lights. $2.50; medium and heavies. [email protected]; roughs, [email protected]. Cattle —Receipts, light; market, steady. Calves— Receipts, light; market slow, choice to extra. $5.50® %; fair to good, $5. Sheep and lambs—Receipts, light; market, steady. LAFAYETTE. Dec 11. —Hogs—Market steady to 10c lower; 170 to 225 lbs, $3,054/ 3.10: 225-275 lbs . $2.95® 3: 275-325 lbs, $2,804/2.90; 140-170 lbs $2.85® 3: 100-140 lbs, $2,154/2.70. roughs. $2 50 down; top calves. $4.50; top lambs. $6. FT. WAYNE. Dec. 11—Hogs—15c lower; 160-200 lbs, $3.15: 200-250 lbs, $3 05: 250300 lbs. $2 95: 300-350 lbs, $2 80; 150-160 lbs, *3: 140-150 lbs, 52.90: 130-140 lbs, $2.75; 100-130 lbs, $2.25® 2.35; roughs. $2.25 stags, $1.50; calves, $5.50; lambs. $6.75.

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®. 350 Indiana, mine run 5.005 525 Kentucky lump 7.00 Pocahontas lump 8 25 Pocahontas egg 825 Pocahontas forked lump 9 25 Pocahontas mine run 7.25 New River smokeless 8,25 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 tfn for coal carried to bln.

Business Trend Displays Strength After Repeal

Return of Liquor Provides Work for Thousands of Unemployed. By L nited Preag WASHINGTON, Dec. 11.—Already pointed upward by' Christmas buying, business activity received important stimulus this week from the legalization of liquor trade reports showed today. Preliminary estimates showed thousands of workers were finding jobs with the return of liquor and wine, swelling the ranks of those being put back to work by federal and civil works programs. Signs also appeared of increasing optimism on the part of many important banking and business leaders. Although steel production this week showed little actual improvement, the industry looked hopefully toward signs of expansion in the automobile industry with the offering of new models. Public works was an important source of orders, while this week’s Pennsylvania railroad order for 140,000 tons of rails improved confidence. The public works program also was helpful to the building industry, principal laggard in the summer revival. Construction awards are rapidly drawing away from the levels of a year ago. F. W. Dodge Corporation, reported November awards 55 per cent above a year ago. Automobile production recovered rapidly this week from a slump to 10,041 units in the Thanksgiving week. November output was 46 per cent head of November 1932. Electric power production in the two weeks ended Dec. 2 was 5.9 per cent over a year ago, compared with a gain of only 5.6 per cent in the preceding week. Output of coal and lumber was restricted by the holiday. Business failures in November fell to the lowest level for that month since 1920, amounting to of!ly 1.237. Rapid oversubscription of nearly a billion dollars in new government securities was believed to indicate absence of apprehension on the part of investors over President Roosevelt’s monetary program.

Chicago Stocks 3 V Abbott. Hop pi/. At Cos. — 1

(Total Sales. 35,000 Shares) —Dec. 9. High. Low. Close. Bastian-Blessing 8% 8 8% Bendix Aviation 17 16% 17 Borg-Warner 20% 19% 20% Borg-Warner, pfd 95 Butler Bros 4 Canal Construction ... 2% Cent Pub Serv Class A % Cent Pub Util V, Cent Pub Util V T C V, Cent & So West % Chi & N Western 9% BV* 9 Chi City & Con Rys •/, Chicago Corp Com 2'/4 hicago Corp Pfd 22% 22 22% Chi Flexible Shaft 10% 9% 10% Cities Service I'4 1% 1% Cord Corp 8% 7% 8% Diamond Match ... 7% Great Lakes Aircraft ..1 % 1 Great Lakes Dredge ... ... 19 Grigsby-Grunow % Hall Printing 3% Houdaille-Hershey B' . 4% 4 4% Kalamazoo Stove 23 22 23 Kellogg Switch Com ... 3 Ken-Rad Tube & Lamb. .. ... 2% Libbv-McNeil 3% 3'/, 3% Lynch Corp 34% 33 33% Marshall Field 15% 14% 15% McGraw Electric 4 McWilliams Dredg Cos 13 % Middle West Utilities V, Midland United ... % Minn-Moline Power ... 6 Muskegon Mot Spec A 10 National Leather 1 National-Standard 21 National Union Rado ... ... % Noblitt-Sparks Ind. Inc 24% 24 24% N W Bancorporation.. .. ... 4 Public Service N P ... 15 Public Service 6% pfd 40 37% 37% Public Service 7% pfd. .. ... 43 Swift & Cos 15% 14% 15% Swift International ... 29% 29 29% U S Gypsum, Pfd 47% 4'% 47% Utah Radio 2% 1% 2% Utility & Ind ... % Utility & Ind Pfd 2'/, 2 2 Ward Montgomery 'A' . .. ... 87 Wayne Pump Pfd 1 Zenith Radio 5 4% 4% CHICAGO FRUIT MARKET Bp United Press CHICAGO. Dec. 9.—Apples—Michigan Jonathans. [email protected]; Mclntosh, $1.25® 175; Spies, [email protected]. Carrots —Illinois, 50® 60c bushel. Spinach—lllinois. 50c@$l bushel. Beans—Southern green, $1.25® 2: wax best, $3. Mushrooms—lllinois, 15®25c 1-lb cartons. Cucumbers—Southern. $2.25 @2 75 bushel. Tomatoes— $1.50 @2; Illinois and Ohio hothouse. 7i®Bsc. Leaf lettuce—lllinois hothouse. 12%4)15c box. Celery—Michigan. 25@75c square crate. Cabbage—Wisconsin, [email protected] (lOOlb. sacki. Sweet potatoes—lllinois. $1.25 @1.35. Onion market; Western Vaientias 8~5@95c; central western yellows. 85®92%c. NEW YORK COFFEE FUTURES —Dec. 9 SANTOS High. Low. Close. January 8.62 March 8.37 8.72 8.73 May 8.84 July 8.93 September 9-25 December 8.60 8.55 8.60 RIO January 6.13 March 6.18 May 6.29 July .... 642 September 6.50 December .... f.OO CHICAGO FRUIT MARKET Bp United Press CHICAGO. Dec. 11.—Apples—Michigan Jonathans, $1.35® 1.50: Mclntosh, $1.25® 175 Carrots —Illinois, 50® 75c bushel. Spinach—lllinois, 50c® $1 bushel. Beans —Southern green, $1.25®2.15 hampers; wax. $2.75 i best i. Mushrooms—lllinois, 15® 30c. 1-lb. carton. Cucumbers—Southern. $1.75®2.75; Central western and hothouse. $24/3. Tomatoes—California, $1.75® 2.25: Illinois and Ohio hothouse. 754/85c. Leaf lettuce —Illinois hothouse. 12%c box. Celery—Michigan. 30®75c square crate. Cabbage—Wisconsin. $2.25® 2.50, 100-lb. sack. Sweet Potatoes —Illinois. $1®1.25; Indiana. $1.50 Onion market—Western Valencias. 89® 95c. few $1; central western yellows. 70® 92 %c: westerns, central western white, $1.35®1.50. SHOT ENDS ARGUMENT Serious Wound Incurred by New Goshen Man; Assailant Missing. Bp Times Special TERRE HAUTE, Dec. 11.—Police today are searching for Elmer Williams, 50, in connection with the shooting and serious wounding of Samuel Groves, 67, New Goshen filling station attendant. Williams, with two companions, yesterday had come to the filling station in Wililams’ truck, when an argument developed about the amount of gasoline that had been pumped into the truck tank. The three went away, Williams returning w r ith a gun and firing two shots at Groves, leaving him in a critical condition. Dives From Taxi, Arrested Miss Ruth Rosenthal, 23, Puritan hotel, was held on intoxication charges today after a taxicab driver, Roscoe Moss, 26, 1128 Marion street, reported to police that Miss Rosenthal leaped from his cab last night at the canal and Ohio street.

LOST-* Power and Speed if yonr carburetor needs attention— Service by Experts Costs No More CARBURETOR SALES AND SERVICE tit K. Ohio St. n LI-4954.

Indianapolis Cash Grain

—Dec. 9 The bids for car lots of (train at the call of the Indianapolis Board of Trade. I. o. b.. shipping point, basis 41 1 2 New York -sue were. Wheat—Strong: No. 1 red. 81®82c; No. 2 red. 80®81c: No 2 hard. 80®81c. Corn—Strong: No. 3 white. 42®43c: No. 4 white. 41®42c: No 3 yellow. 41®42c: No. 4 yellow. 40®41c: No. 3 mixed. 40® 41c: No. 4 mixed. 39®40c Oats—Strong No. 2 white. 32' 2 ®34>jc: No. 3 white, 32'2® 33' jc. —lnspection* Wheat—No. 1 red, 4 cars; No. 2 red. 3 cars. Total, 7 cars. Corn—No. 2 white, 2 cars; No. 3 white. 1 car; No. 4 white, 7 cars; No. 5 white. 1 car; No. 2 yellow, 3 cars; No. 3 yellow, 9 cars; No. 4 yellow. 17 cars; No. 5 yellow. 9 cars; No. 6 yellow, 1 car; No. 3 mixed. 1 car. Total. 51 cars. Oats—No. 2 white. 4 cars: No. 3 white. 3 cars; No. 4 mixed. 2 cars. Total. 9 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 78 cents for No. 2 soft red wheat. Other grades on their merits. MISS ASHBY NAMED BY LIBRARY SOCIETY Bloomington Woman Is Named State President. Miss Bertha Ashby, Bloomington, was elected president of the Indiana Library Association meeting at the Lincoln Saturday. Other officers are Miss Cerene Orr, Indianapolis, vice-president; Mary Holmen, Logansport, secretary; Gladys Walker, Columbus, treasurer, and James A. Howard, Hammond, American Library Association representatives. Officers of the Indiana Library Trustees Association chosen this morning are Robert Bradshaw, Delphi, president; Mrs. George W. Blair, Mishawaka, vice-president, and Mrs. George K. Bridwell, Bloomington, secretary-treasurer. The executive committee is composed of Mrs. Joseph Brennan, Columbia City, Mrs. Donald Alexander, Rushville.Mrs. Ora Doyle, Clinton, and Claude R. Stoop, Nappanee. INDIANA LUMBER MEN PLAN MEETING HERE Association Will Observe 35th Anniversary Jan. 19. Thirty-fifth anniversary of the Indiana Hardwood Lumbermen's Association will be observed at the annual convention here Jan. 19 in the Severin, it was announced today by Daniel H. Sanders, South Bend, program committee chairman. The meeting will bring several hundred lumbermen here from Indiana and other states, according to C. Fred Klee, secretary. Robert E. Hollowell, Indianapolis, is entertainment committee chairman. Mrs. Buchanan to Speak Mrs. C. J. Buchanan will lecture at the Marott. at 10 tomorrow on the Book of Peter, known as "The Book of the Magical Touch.” The final lecture of the Bible class will be given Dec. 19.

Enlarged Facilities ... To increase the facilities for serving Indianapolis NEW OFFICES will be opened on Monday, December 11th In the Circle Tower (Suite 512-514). The new office will provide the full facilities of this stock, bond, and commodity firm in the investment field. It will be a unit of the firm's private wire system reaching more than sixty cities in the East, Midwest, South and Southwest, and will be in touch with European financial centers through branches operated in London and Paris. Memberships are held in the New York Stock Exchange, Chicago Board of Trade, New York and New Orleans Cotton Exchanges, and other leading Exchanges. © FENNER, BEANE & UNGERLEIDER Russell w McDermott joshua derat Managtr Assistant Managtr Telephone Riley 3306

Abbott, Hoppin & Company 203 Continental Bank Building RI ley 5491 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange New York Cotton Exchange Chicago Curb Exchange New York Curb Exchange Chicago Board of Trade New York Produce Exchange Chicago Stock Exchange Commodity Exchange, Inc., N. Y. New York Coffee and Sugar Exchange Co-Managers James T. Hamill ' Kenneth K. Woolling

DEC. 11’, 1933

FIRM TREND IN 1 SECURITY LIST' AIDSRJTURES All Months Move Upward: Interest in Coarse Grain Factor. BY HARMAN W. NICHOLS l nited Pres* Staff Correspondent CHICAGO. Dec. 11—Strength in the stock market affected grains this morning and prices were higher at the opening of the Board of Trade. Wheat futures moved *4 to •** cents higher than the previous finish. com was to ■'S cents higher, and oats were ■% to •% cents higher. Interest in coarse grains is overshadowing the money situation as an influence on trading. Farmers who increased their wheat acreage this year may have to plow- under the excess in order to take advantage of the government bonus under the corn hog plan. One section of the agreement states that the producer agrees not to increase the acreage planted to each crop intended for sale off the farm which is designated as a basic commodity in the agricultural adjustment act —cotton, wheat, rice and tobacco. Chicago Primary Receipts —Dec. 9 Bushels Today Last Week y heat 268.000 467.000 Corn ...fltT-A5W’.4....4. 724.000 517 000 ° ats ..A 204,000 108.000 Chicago Futures Range —Dec. 11— W’HEAT— High. Low. 10 00. close! May •••**.. -88T* .8744 ,88 s * .87'/* July ...Wtm. ,86 7 '* .85 \ ,86 s . .85*. CORN— May .55>4 .541/4 .55 .54'/* July ..UdnS .56*4 .55% .56*4 .55"* OATS—■ May • .3944 .38'4 -39'* .3844 July . .37 .374* .36*, RYE— May .6214 .61*6 .62 .61',4 July .63'4 .6244 .62*4 .62'* BARLEY— May .......... .50 >4 .49’4 .50 '4 49 1 -, July ..J*... A .. .. .. .49'* TOLEDO CASH GRAIN V 7 I'nited Pres* TOLEDO. Dec. 9. (Grain in elevators, transit bmingi—Wheat—No. 2 red. 89' 2 ®) 90'ic. Corn—No. 2 yellow, 55® 56c. Oats —No. 2 white. 40'i®41'ac. Rve—No. 2. 71@72c. (Track prices. 28' 2 c rate.) Wheat—No. 1 red. 86®86' 2 c: No. 2 red 85 ®c. Corn—No. 2 yellow. 50® 52c: No. 3 yellow. 48' j@slc; No. 4 yellow, 474i®48'4c; No. 5 yellow. 46'b® 47' 2 c. Oats—No 2 white. 37'2® 38'2C: No. 3 white. 36®37'4c. Clover—December. $8; March, $8.25. Alsika —Cash. $8.50; December. $8.70. CHICAGO CASH GRAIN By Vnited Prenit CHICAGO. Dec. 9—Wheat—No sales. Corn (oldl —Yellow No. 2, 50' 4 ®slc; No. 3, 50 7 4 c; white No. 3.51 c. Corn mewl Mixed No. 2. 48 1 4 c; No. 3, 48®48'2C; No. 4, 48®48' 4 c; yellow No. 2,50 c; No. 3, 48® 49c; No. 4. 47(4®49c: No. 5. 4R' 4 c: No. 6. 45c; white No. 2. 49'2® 50c: sample. 33® 39c. Oats—White No 2. 36*4®37' 4 c: No. 3. 36®36'4C; No. 4. 34' 2 ; sample, 32'2C. Rye—No sales: barley, no sales, quotable 42® 66c; timothy, $5 50®6; cloversced, sll® 13.85. Cash provisions—Lard. $5.05; loose. $4.80: leaf. $4.75; bellies. $5.50. In the Air Weather conditions at 9 a. m.: Northwest wind, 10 miles an hour; temperature, 17; barometric pressure, 30.23 at sea level; general conditions. high, broken clouds: ceiling unlimited; visibility, 10 miles.