Indianapolis Times, Volume 45, Number 187, Indianapolis, Marion County, 15 December 1933 — Page 36

PAGE 36

Wall Street Street Interested in the Dollar-Pound Stabilization Reports, but Keeps Fingers Crossed. “BY RALPH HENDERSHOT Timet Special Financial Writer

Wall Street folks have been deeply Interested in reports f rom Washington and London that President Roosevelt has asked his lieutenants to sound out sentiment in England on the subject of stabilizing the dollar and the pound. But they were misled once before by unofficial statements that the president had turned to the ‘'right,’’ and they are not inclined to fall for the same “gag" again, even though it is dressed up differently. They prefer to hear the chief executive say himself that such u the case. And even though long-distance conversations have been held between Washington and London on the subject, there is no certainty, in the opinion of some financial observers, that they are to be taken seriously. Congress will be in session shortly, and it is pointed out that Mr. Roosevelt may desire to acquaint that body with as many facts concerning the world monetary situation as he It is agreed that the president must play a little flr.’' * poker in his relations with foreign countries as well as at home In fact, it is felt that it is in his bargaining with the foreign powers that he must play the cards closest to his vest. From all indications it looks as if he-has by far the best hand, and it would be unfortunate indeed if he were not to take in his a a a Devaluation Alms Worldwide. Most countries throughout the world are thinking seriously of devaluating their currencies in terms I of gold before going back on the gold standard. Ail seem to be impressed with the necessity of revaluating Hendershot on the P ro Per basis - not on ty t 0 meet internal needs but to meet the needs of international trade as well. Italy, one of the few countries still on the gold standard, has decided to cut wages again to meet foreign trade competition. She finds that the depreciation in the currencies of other countries has made it possible for them to undersell her in the w'orld markets. But not all countries could get away with a wage cut such as Italy proposes. It Is thought that France could not. France, consequently, is between the devil and the deep blue sea. The high price of her currency has hurt her tourist trade, and in large measure because of this she is now unable to balance her budget. Bi t after having revalued her currency only a few years ago on the basis of an 80 per cent cut she hesitated to cut again. Faced with this situation and heavy losses of gold, many people believe it is only a matter of time when she suspends gold payments. •‘* * * * a a a Stabilization Presents Difficulties If the United States and England got together on currency stabilization France’s position would be materially improved. But England would hardly be willing to stabilize the pound while it is above $5 in the foreign exchange market, when she was unable or unwilling to stay on gold with the pound at $4.36. And it is felt that President Roosevelt would be unwilling to stabilize at a higher price for the dollar than is currently quoted unless he is able in some other way to increase commodity prices other than by raising the price of gpld. Moreover, the president committed himself only recently on the commodity dollar theory. That implied that he was not concerned with a stable dollar in terms of gold, but rather that he wanted stable commodities irrespective of what happened to the price of the dollar.

New York Stocks ”<Bt Abbott. Hoppin * Cos.)

Dec. 15— _ Prev. Oil*- High. Low. 10.30 close. Amerada ■ ■ -i-.. 21,7 22/ Atl Rig 2 ’ 28V * 28 4 2 g,‘ cSm 01 of°Dei :::: w* % Houston (oldt Indian Rfg ~,, Mid Cont Pet \i 7 l Ohio Oil 13 8 lot? Pet Corp ,2/ Phillips Pet {J* 8 Pure Oil H 8 11 8 Royal Dutch.... _ a ~ 2? Shd Oil 34Vi 34 34 ... Shell Un 8 S 8 Shelley Oil ••., ,g t°o o a f c cai::::: % % So of Kan.,.. 39% 39% 39% 39^4 SOo( N J 4f* 46 4 * 4fi . Sun Oil 25 8 25/2 2 g7 • or. Tidewater Assn .2, 8 1Q 7,„ Un Oil of Cal 19 2 19 8 Am‘RolT Mills.. 19% 19% 19% 19% Beth Steel SO 3 * 36% 36 ® < Bvers AM ;• ••• it, Col Fuel & Iron ,2, 2 Gulf Sts Steel 1 Inland Steel fj,,. Ludlum Steel 12, ~ McKeesport Tin .. • "S, 2 Natl Steel 48% 48% 48% 48 4 Rep Iron & Steel II 1, Rep Iron 8c Stl P 39 U S Smelt 93 4 22 2 Vanadium ,77 Mid Steel 12,* U S Pipee & Fdv . . • • • • U S Steel 47% 47 % 41-n a U S Steel pfd... •• 03 1 2 Youngfstn S <sc T 24 22 2 23 a a 2 Rail* — ebv 3. Atchison 55 * 221/ Atl Cs. Line -- if 8 Can Pac ... 12, 8 I97 8 Ch <fc Ohio 39% 39 13 39 2 39 4 Chi <t Ot W 2/ C M <te St. P. . . , 2, 8 C M <& St P pfd 8 4 2/ Chi N 8 * Chi R I 7% pfd * Dela Hud Grt Northern p .. ••• •,. 22, 2 11 Central 32% 32% 32 s 32 2 M K * 5, 2 Mo Pac pfd ... 4% 4.2 * * , N Y Cent.. 36'* 35% 35 4 36* N Y Chi & St IS, 2 N Y New Haven 1 N Y Ont & Wes 8 Norfolk & West 18 ‘. s pe°nn P RR.':::::: 31% '30% 30% |i t ISu R R .. 28 2V ' B 23,8 2? 4 Sou R R Pfd 3 3 ‘, Union Pac ‘I?, *2, 4 Wabash * 2 1 3 2 West Maryl 84 Motors— .. Chrysler 52% 51 a , 52 Gen Motors 34 * 34 , Graham Mot { 8 .2, 4 Hudson '4 4 14 4 Marie Tiuck 37 37% :::::::: v. Reo 2s 8 Studebaker 7, 8 Yellow Truck 4% *2 Moll* Access— Bendlx ••• J 8 8 I?, 4 Bohn A~um .... 54 o3*s 53% 54 i Borß Warner .. 20% 20 20 2O , Briggs 19 8 4? 8 Buaa Wheel * .7, Eaton Mfg 14% 14% 14* 14 4 Elec Auto Lite . 19% 19*4 19% 19 < Houd A I, 8 Murray Body *% J* 4 Stew Warner 82 Timken Rol 29 2 30 * Minins— Alaska Jun 22 4 22 4 Am Sir,'lt 44% 44% 44 44 , Anaconda 14 is 4 Cal A- Heel a ... {* Cerro W Pasco ... 34% 35 Granby 8 Gt Nor Ore 19 Home .ke Min 315 Howr Sound . • ••• 32 $ Ins Copper ... ••• ** Int Nickel 32 31% 2 '% 2 1% Kcnnecolt Cop 30 2 20% 20% 20 < Norandrx Cop . 34**§ 3SJ* Phplp> Doa&e 15’ 15H 15 s a 15*2 Tooaccos — Am Snuff J 2 Am Sum Tob Am To A ■ ■ 29 70 Am Tc B . ... 73 72% 71 72^, Ge n v • r •• - .■ ■ 28 * Lise i Ivers B . 84% 84'• Loir - 17% 17% 17% 17% Rrv.i'- Tb B 48% 48% i> rincts— Aliis 17 Am cr Fdy 28 % Aml'C' '■ 39 Am Jlcch & Fdy 14 Am. lldv 31% 21% Bald 13% % Burr. - ,‘ghs If.* Cater Tract 28 28 Colgat Palm Peet J®. 2 Congo eum 24% 24 ■* 24'4 24 4 Elec Stor Bat 45 4 Foster Wheeler . . ... 14 2 Gen Am Tank C 34’* 34 34% 33% Gen Elec 20% 20 20 19% Gen R R Sig 35 s Ingsol Rand .•*. Int Bus Mach 1*7% Int Harvester ... ... 41 Kelvinator 11;* Natl Cash Reg . 17% 17% 1,% 17% Proc A Gamble ... .. 40% Pullman Inc ... 50% 50% 50% 51 Und Elliot 36 35% 36 3.->% West Air B 28 F2 Westtngh Elec 40 Worthington Pm 9% 9% Utilities — Am & For Pwr 9S 9% Am Power & Lit . 6% 7% AT&T 115% 115% 115% 115% Am Wat Wks., .. < 19% Brook Un Gas.. .. * ... .. 65 Col Gas & Elec.. .. ... 12% 12% Col G 8 J PM 82 Com & Sou _ ... 1% 1% Consol Gas .. . 38% 38 J 4 38% 38'. Elec Pw- & Lit S% 8 % E P & L pfd 9% Int TA T .... 14% 14% 14% 14% Lou GABA I*> Nat Pwr & Lit. .. ... . . . 9% North Amer ... is% lS's IS 1 * IS% Pac G A E 17% Pub S*rv N J 36 36 Bo Cal Edison 16% 16% Std Gas ... 8% S s 4 Std Gas pfd 9*4 United Corp ... 5% 5% 5% s’. Un Gas Imp ... 15% 15% 15*4 15% Ot Pwr & Lit A . . ... . 3 Western Union . 57% 57S 57% 57%

Rubbers— Firestone 20 % 20% Goodrich .. 14 14 Goodyear 36% 36% 36% 36% U S Rubber 16% 16% U S Rubber pfd 28 % Kel Spring 2% 2% Amusements— Crosley Radio gt, Loews Inc 32% 32 % Radio Corp 7% 7% 7% 7% Warner Bros .... ... 6 6 Foods— Am Sugar 52% Armour <A > ... 4% 4 Bratrice Cream'v .. . . 10% 11 Borden Prod 21 21 Cal Packing... 2 q3 4 Can Dry G Ale. .. ... 27% 27% Coca Cola S6>, Cont Bak iA> gt. “ii. Corn Prod | 77 4 77/ C'rm of Wheat 28% 2a I Gen Foods 8 4 ,2/ G W Sugar '35 353; Natl Biscuit . *40.1. 40 Natl D Prod .. -,31 4 2 Purity Bak ij S Porto Rico Sug 35% 35 35 35' 2 Sid Brands . 231,. United Fruit ! si Ward Bak IAI " q,. Wrigley ;;; Retail Stores— Asso Dry Goods... ... ,4 Best & Cos *28% 9as. uimfcel Bros 8 . 4 Gimbel pfd jJ, ‘ Gr Un Tea ..*.... ..; *’• 4 ' Lahn Dept Sts s .L Jewel Tea ‘ . 8 Kresge S S 13% 13% i.3% 13 “ Kroger Groc 2 ' , %' Macy R H ~ . ,a May Dept St '294, j- . Mont Ward . 2 3% 3■ “ Penny J C 55 55% oafeway St 451, Sears Roebuck.. 43% 42% 42% 431% Woolworth ... 42 41/ Aviation— Aviation Corp ... 74 4 71/ Douglass Air 14% Curtiss Wright 2% 2 % Curtiss Wright A . ... . 6 Nor Am Av 5% 5 3 s'* United Aircraft. .. ... 32% 33% Chemicals— Air Reduction ... 101 101'% Allied Chem.. 150% 150 150% 150 Am Com Alcohol 52% Col Carbon . 63% Com Solvents... 33% 32% 33 V* 33 Du Pont 92% 91% 91% 91% Freeport Tex 46 47 Liquid Carb 29% Math Alkali 37% 37% 37% 37' Tex Gulf Sulph . ... . . 42% Union Carbide 47% 47% 47k, 47 U S Indus Alco 61% 60% 61 % 61% Natl Dist inewi 26% 25'* 25% 25% Drugs— Coty Inc ... 4 4 Lambert ... 26% 28 Lehn & Fink ... 19 18% Zonite Prod ... ... 6% Financial— Adams Exp ... 8% 8% Allegheny Coro. .. ... 3% 3% Chesa Ctorp ... ... 35% Transamerica .... ... 6% 6% Tr Conti Corp.. .. ... ... 4% Building— Am Radiator ... 15 14% 14% 14 s * Gen Asphalt ... .. 17 Int Cement .. 32% 31% Johns Manville 60 59% 59% 60 Libbv Owens Gls 35% 34% 34% 35 Otis Elev 16% 15% 15% 16% Ulen Const ... ... 2% Miscellaneous— Am Bank Note ... 15% Am Can 98% 97% 98 98% Brklyn Man Tr ... 31 Conti Can 77% 77 77 77% Eastman Kodak 82% 82% Owens Bottle 83 Gillette 9% 9% Ctlidden 16% 16 16 16% Gotham Silk ... ... 8% Indus Rayon 81 80% 80% 81% Inter Rapid Tr 10% 11 Investment Trust Shares (By Abott. Hoppin & Cos.) —Dec. 14— Bid. Ask. American Bank Stocks Corp . 75 85 American & General Sec A. 3.50 5.00 American Inv Tr Sh 1.50 2.50 Basic Industry Shares 3.46 3 54 British Type Inv Tr Sh 45 50 Collateral Trustee Shares A . . 4 70 4 80 Corporate Trust Shares told,. 228 2.32 Corporate Trust Shares told!. 2 39 2.42 Cumulative Trust Shares 4 15 Diversified Trust Shares A ... 625 Diversified Trust Shares B ... 7.37 7.67 Diversified Trust Shares C ... 3 11 3 15 Diversified Trust Shares D ... 4 87 5.00 First Insurance Stock Corp .. 1.31 1.35 First Common Stock Corp ... 83 98 Fixed Trust Oil Shares A .... 8.98 9 18 Fixed Trust Oil Shares B . . 7 55 7.70 Investors Inc 17.87 18 12 Land Bank Bond Shares 93 1.02 Low Priced Shares 5 58 5 68 Mass Inv Trust Shares 18.12 18 37 Nation Wide Securities 3 18 3.24 North Amer Trust Shares is3i 1.90 North Amer Trust Shares 55> 2 40 2 43 North Amer Trust Shares (58, 2 50 2 70 Selected American Shares ... 250 Selected Cumulative Shares... 6 70 6 90 Selected Income Shares 3 50 3.75 Std Amer Trust Shares A . .. 297 3 03 Trust Shares of America 2 86 2.92 Trustee Std Oil A 5 60 5.75 Trustee Std Oil B 5 25 5 40 tT S Electric Li & Pwr A 10.37 10.75 Universal Trust Shares 308 3 18 Federal Farm Loan Bonds (By Blyth & Cos.. Inc.) -Dec. 14— Bid. Ask. 4s Nov, 1. 1957-37 79% 80% 4s Mav 1. 1958-38 79% 80'* 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 SO 81% 4%s Mav 1. 1942-32 86% 87% 4%s Jan 1. 1943-33 86% 87% 4%s Jan 1. 1953-33 82% 83% 4%s Juh 1. 1933-33. 82% 83% 4%s Jan. 1. 1955-35. 82% BS% 4%s July 1 1955-35 82% 83% 4%s Jan. 1. 1956-36 82% 83% 4%s July 1, 1953-31 86% 87% 4%s Jan. 1. 1934-34 86% 87% %s July 1. 1953-33 86% 87% 5s May 1 1941-31. 93% 94% 5s Nov, 1, 1941-31 93% 94% Home Lo,Vn 4, July 1. 1951... 84% 85%

STOCKS DISPLAY UNEVEN TONE IN NARROW RANGE Dollar Weakened by No Change in Monetary Policy. Average Stock Prices Average of thirty industrials for Thursday: high 102.92. low 100 58, last 10144 i‘P.. , ver ** e 2 f twen F rails: 43.91’ 41 85 42.19. up .19. Average of twenty utilities. 24 81 24 03. 24.13. off 32. Average of forty bonds: 83.34. up 23. Averagn. ten second rails: 67.87. up .32. Average ten utilities: 9118. up .10. Average of ten industrials 84.30, up .23. BY ELMER C. YVALZER United Press Financial F.ditor NEW YORK, Dec. 15,-Stocks were mixed in a narrow range at the opening today on the Stock Exchange. The dollar ea.?ed further in response to the administration announcement there had been no change in its monetary policy, and ! cotton advanced 5 to 7 points. The Reconstruction Finance Corporation held its gold price at $34.01. Gold rose 6 pence in London, and allowing for the rise in the pound, the differential between the London and Washington quotes was narrowed. Gold mining stocks were steady around the previous close. Wet c tocks were mixed in a narrow range as were oils, motors, and mercantile shares. Du Pont rose 1% to 92 1 on a block of 1,000 shares, while Case was up the same amount at 72%. Fmall gains were noted in General Electric at 20%, U. S. Smelting 03%, Union Carbide at 47 1 /a, American Telephone at 115 4, and Consolidated Gas 38%. Rails ruled firm. During the early dealings prices held around opening levels with volume small.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 15— Clearings $1,548,900.00 Debits 4,395.000.00 TREASURY STATEMENT —Dec. 15— Net Balance for Dec. 13... $996,045 119 38 Misc int rev repts 2.917.881.03 Customs repts (mo. to datei 11.711,112.89 New York Curb By Abbott. Hoppin & Cos. —Dec. 14 Clo e Close. Allied Mills ... 8 I Hiram Walker . 44% Alum Cos of Am 79 Hud Bay Min 9% Am Cyanide B. 14' * Humble Oil ..101% Am Gas & El.. 21% Imp Oil Ltd... 13% Am Superpower 21', Int Petrol . 20% Am Gas & El.. %!Lake Sh Min... 44% Atlas Corp ... 11 %! Libbv McN Libbl 3 Bnt Cclanese .. 3% Lone Star Gas. 6 Brit Am Tob A 23', Mt Producers 4% Can Ind Ale A. 15'MNatl Bellas Hess 2% Dan Marc 2% Netvmont Min . 48% Cities Serv 1%! Nia Hud Pwr... 5% Com with Ed 38 Novadel Agene . 56'% Cos 1G of Balt. 48'4 Pan Am Airways 48% Cord Corn 6 ’enn Road ..'.. 2% Creole Petrol .. 11 Ist Regis Paper 2% & 9? • 32 S® l Creek Prod. 6% Distillers Lim. . 20% Sherwin Wms... 45 Distillers Corp. 21 % Std of Ind ... 33 Down Chem ... 74 std of Kv . 15% El Bond & Sh.. 13-% Stutz Mts 51, Fisk Rubber ... 7' Technicolor ind 9 S or a °J A 14 J' Fech Hugh Gold 5% Ford of Eufope Un P & Lt A... 2% Glen Alden Coal 11% Wright Har Min 6% Gulf Oil of Pa. 57’ Foreign Exchange By Abbott. Hoppin & Cos. —Dec. 14. Sterling, England * 510 -anc. France ;; .0611% -*;ra. Laly 082 3 -=JM'.s. Belgium 2175 ark. Germany '3730 Guilder, Holland .6288 Peseta. Spain T 278 ~rone. Norway 2570 Krone. Denmark .2280 Daily Price Index Hil I nihil I‘rrs* NEW YORK. Dec. 14. Dun & Bradstreet daily weighted price index of thirty oasic commodities, compiled for the United Press: '1930-1932 average. 1001. Today 99 53 Yesterday ! !! " !!!!! 1b0‘,30 Week Ago 100.3-7 Week Ago 107.9, Month Ago 102 77 Year Ago 7133 1933 High (July 181 11352 1933 Low iJan. 201 67 86 'Copyright, 1933, by Dun & Bradstree’t, Inc.l U. S. Government Bonds Hu l 11 ited Per NEW YORK. Dec. 14. (Decimals represent thirty-secondsi: Liberty 3%s 132-47) 100.5 First 4'4s '32-47' 101.4 Fourth 4',s '33-381 101.7 Fourth 4%s (33-38i called 101.2 Treasury 4'4s (47-52' 103.14 4'4 s—3 '* s (43-451 99 4s '44-54' 103.4 3%s '46-56' 101.12 3%s '43-47' 99 3%s '4l-431 March 99.9 3%s '4O-43' June 99.8 3>*s '4l' 98.2.7 3%S '46-49' 96 3s 'sl-55' 94.23 In the Cotton Market —Dec. 14— CHICAGO High. Low. Close. January 10.05 10.01 10.01 March 10.23 10 19 10.19 MaV 10.39 10.30 10.32 July 10.47 December 10.06 NEW YORK January 10.01 9.93 9 95 March 10 19 10.11 10.13 Mav 10.36 10.25 10.26 July 10.45 10.39 10.40 October 10 63 10.57 10.60 December 10.00 9.93 9.93 NEW ORLEANS. January 9.96 9.93 9.93 March 10.14 10 08 10 11 Mav 10 29 10 23 10.25 July 10.40 10 36 10.40 October 10.57 10.56 10.56 NEW YORK COFFEE FUTURES —Dec. 14— SANTOS High Low Close January ■ * 82 March 872 8.66 669 Mav 8.85 8.76 8.82 July 891 889 889 September 9.26 9.23 9.24 December 856 8.55 8.55 RIO January ... 8 }1 March 8 19 615 6.1, Mav 630 6.24 6.30 July 40 September o- 8 o December 602 CHICAGO FRUIT MARKET By t'nilrd Pres* CHICAGO. Dec 15—Apples—Michigan Jonathans $1.4(K,i150: Mclntosh. $1.254t 175. Carrots —Illinois. SOtuSOc bushel. Spinash—lllinois. 504t85c bushel. Beans— Southern green. $125412.10 bushel: wax. s2fri 2.75 Mushrooms—lllinois. 17%4i30c pound carton. Cucumbers—Southern. s2tt 2.75 central western hothouse. *1.754i3 Tomatoes—California. 51.254i2.25: Illinois and Ohio hothouse. $14)1.10. Leaf lettuce —lllinois hothouse. 154) 17c box. Celery— Michigan. 254i 75c square crate. Cabbage —Wisconsin. S2 504i2.75 100-lb. sack. Sweet rotatoes —Illinois. 514i1.35 bushel: Indiana. 1 404,1 60 Onion market—Western Valencias. sl4i 1.15: central western yellows. $14,1.10. TURKEY PARTY SLATED Event Will Be Staged at Holy Name Church Sunday. Holy Name Church will hold its annual Christmas turkey party. Sunday afternoon and evening. Cards will be played at 2 and S. Turkeys will be given as prizes. The young ladies of the parish will serve lunch at 5. 7

.THE INDIANAPOLIS TIMES

Bright Spots

By T'nited Press First National Stores reports November sale of $7,996,130. against $7,870,443 in similar 1932 period, up 1.6 per cent. Acme Steel Company declares special dividend of 124 cents a share. Great Northern Railway Company earns October net income of $716,674 against $662,376 in October last year. American Stores reports November sales of $10,698,303, up 1.4 per lent from corresponding 1932 month. Cleveland Electric Illuminating Company declares quarterly dividend of 50 cents a share, against previous 40-cent payments. On Commission Row —Dec. 15Fruit* i Cranberries —Cape Cod early blacks, 251 lb. box. $2.50. Grapes California emperors, crate, 52.i5fc2.25. Pears—Washington D'Ajou (90-165s', $2.50 Washington Bose HOO-135S'. $2.75; Avaeos. Fla. ilo-16ci. crate. 51.75&2. Strawberries—California. $2 a crate. Bananas —Per pound. 5%c. Apples—Wealthy, Waif River. Grimes Golden, Jonathan, Florida. $1.15® 1.85, a bushel; fancy Jonathans, $2 a box. Grapefruit—s3® 4. Oranges—California Valencias, $3.50, a box. Lemons —(360 c), $5. Vegetables Cabbage—Eastern Danish, 50-lb. bag, $1.75; new, 70-lb. crate, $5 Onions—Western white, 50-lb. bag. $1.25; In iana white, 50-lb. bag, $1.25; Indiana yellow, 50-lb. bag $1.25; green, $6.50 a oarrel. Beans—Round stringless, hamper. $1.75. Beets—Bulk per bushel, $1.15; California, $3 a crate. Peas—3o-lb. hampers. $3.30. Carrots—Ohio. 40c per dozen. Cauliflower—California (11-12s), crate SI.GS. 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—feeberg best (4-ss) crate. $4.50; hothouse. basket. 90c. Radishes—Hothouse button. 40c dozen. Spinach—Broadleaf. per bushel, 90c. Turnips—Per bushel, 75c. Tomatoes—Hothouse, $1.25® 1.35 8-lb. basket. Potatoes —Northern Round white, 100lb. bag. $1.65® 1.75; R. R. Ohios. 100-lb. bag. $1.65®1.75; 15-lb. bag. 33c: Idaho Russets. 100-lb. bag. $2.10; Texas Triumphs. new $2.50 50-lb. bag. Sweet Potatoes —Nacy Halls, per bushel, $1.50. 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 5.51 Indiana, egg 5.C0 Indiana, mine run 4.75 Kentucky lump 7.01) Pocahontas lump 8.25 Pocahontas egg 8.25 Pocahontas forked lump 925 Pocahontas mine run 7.25 New River smokeless 8.2. 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.

Produce Markets

Delivered in Indianapolis prices—Hens, 9c; Leghorn hens, 6c; neavy breed springers, 8c; Leghorn springers, sc; cocks, 5 lbs. and up, 6c; under 5 lbs.. 4c; ducks. 4', 2 lbs. anti over, full feathered and fat, 6c; under 4% lbs.. 4c; geese, full feathered and fat. 6c. 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 trin crooked breasted. 4c; No. 1 strictly fresh country run eggs. 15c; strictly rots off; each full egg case must weigh 55 lbs. gross; a deduction of 10c a pound tor each pound under 55 lbs. will be made. Butter—No 1 204,21 c; No. 2. 174,18 c. Butter—No. 1. 254) 26c; No. 2. 224) 23c. Butterfat—llc. Quoted by the Waaley Company. BY UNITED PRESS CHICAGO. Dec. 15.—Epbs—Steady; receipts. 2.683; extra firsts, 19 %c; fresh graded firsts. 17c; dirties, 104,12 c; checks 104,12 c; current receipts. 15%c. Butter— Market, unsettled; receipts. 11.243; extras. 92 score. 16%c; storage extras, 90 score. 15%c; storage standards. 90 score. 14%c; ext a firsts, 90-91% score. 15c; firsts. 8889% score. 144<14%c; seconds, 86-87% score. 13%c; standards, 90 score. 15'%c; specials, 16%4,17%c. Poultry—Market, steady; prices all unchanged- receipts 29 trucks. 1 car. 3 cars due; Rocks springs 104, lOV2C; Leghorns, 7c; hen, heavy, 10c; P.ymouth Rocks, 10%4illc; heavy white rock chickens, 11c; geese, 9c; duck, heavy white. 9c; young turkey hens and toms, 104,16 c: Roosters. 6%c. Cheese—Twins 11%4, ll%c: Longhorns. 124,12%c; S. daisies, 124/12%c. Potatoes—Supply moderate: demand and trading slow: market steady; Wisconsin round whites, $1,254, 1.70. few 51.35; Idaho Russets mostly 71.604,1.62%: U. S. No. 2. $1.30; Colorado McCitvcr. ,71.60: shipments, 440; arrivals > 52; on track 193. NEW YORK RAW SUGAR FUTURES —Dec. 14— High. Low. Close January 1.15 1.14 1.14 Jfarch 1.21 1.18 1.20 May 1.26 1.24 1.25 July 1.32 1.30 1.32 September 1.37 1.35 1..76 December ... 1.14 Plumbing Permits John Florence. 4623 R'lsto.t. 4 fixtures. ( Frank Drees. 1515 W. New York. 2 fixC. A. Johnson. 310 Occidental Bank b%g.. 2 fixtures. Cnrr.es McNabg. southwest corner West Washing.rn .end Balmont. 2 fixtures. A. & P. MONTHLY SALES SHOW SMALL DECREASE November Period Is 1.26 Per Cent Under Preceding Month. Sales of the Great Atlantic & Pacific Tea Company for the five weeks period ending Dec. 2 were , 577.630.688. This compares with $78,623,741 for the same period in ; 1932. and is a decrease of $993,053, or 1.26 per cent. November sales expressed in tons were estimated as 460.525 this year, compared with 494.043 in November, 1932. This is a decrease in quantity of merchandise sold of 33,518 tone, or 6.78 per cent. Average weekly sales in November were $15,526,138. compared with $15,724,748 in 1932, a decrease of $198,610. Average weekly tonnage sa’es were 92.105. compared with 98.808 in November, 1932, a decrease of 6.703 tons. MANUAL GIVING LAST PLAY PERFORMANCE "When's Your Birthday" to Close After Tonight. Final performance of the play "When's Your Birthday?,” a three-' act comedy by Auronia Rouveroe. ! will be presented by the Manual January senior class in the school auditorium at 8 tonight, a matinee presentation was given yesterday! after the close of school. The play, directed by Miss Lola 1.1 Perkins assisted by Miss Vivian L. j Webster, has a cast composed of Esther Bernstein, Frederick Greve, Gertrude Kelley. Wilma Williams. Maxine Strait, Lillian Levinsky, Irving Selig, Harry Miedema, Harry’ Eades and Paul Von Dielingen. MINNESOTA RATIFIES CHILD LABOR MEASURE Federal Amendment Previously Passes House. By United Peru ST. PAUL, Dec. 15.—The senate of the Minnesota legislature adopted a resolution yesterday ratifying the child labor amendment to the fed- j eral Constitution, previously adopted , in the house. I

SWINE MARKET DOWN 10 CENTS AT CITY YARDS Veals Strong to $1 Higher; Cattle Slow and Steady. Weakness developed in hog trading at the city stockyards this morning following an advance of 10 cents registered in the previous session. Majority of all classes lost yesterday's advance and held mostly steady at Wednesday's average. The bulk. 160 to 275 pounds, was selling at $3.10 to $3.20. Initial top held at $3.25. Heaviest kinds, weighing 275 pounds and up, sold at $2.90 to $3.05, while smaller weights, scaling 130 to 160 pounds, brought $2.90 to $3.10. Light pigs from 100 to 130 pounds were available at $2 to $2.65. Receipts were estimated at 12,000. Holdovers, 300.

Steer prices remained slow and unchanged in the cattle market, while she stock were dull and around steady with the previous range. Early quality consisted mostly of common and medium classes. Vealers were strong to $1 higher, selling at $7 down. Receipts numbered 500; cattle receipts were 400. Strength was displayed In the lamb market, with several classes ctrong to slightly higher than yesterday’s close. Bulk, ewe and wether kinds were salable at $7 to $7.25. Bucks sold at $6.25 down. Throwouts ranged down to $4. Receipts were 1,700. Initial bids on hogs •at Chicago were mostly 10 cents lower than yesterday’s average at $3.25 down. Early trading was slow and most classes inactive. Receipts were estimated at 28,000. including 9,000 directs. Holdovers, 8.000. Cattle receipts numbered 2.000; calves, 300; market weak. Sheep receipts were 12,000; market strong. HOGS Dec. Bulk. Top. Receipts 9. $3,254/ 3.40 $3.40 5,000 11. 3.15® 3.25 3.25 14 000 12. 3.15® 3.20 3.20 12,000 13. 3.15® 3.20 3.25 12.000 14. 3.20® 3.30 3.35 12.000 15. 3.20® 3.30 3.25 12,000 Market, lower. (140-1601 Good and choice. . .$ 3.00® 3.10 —Light Weights—-'l6o-180' Good and choice.... 3.20 (180-200) Good and choice.... 3.20 —Medium Weights—-(2oo-2201 Good and choice ... 3.20 (220-250) Good and choice 3.15® 3.20 —Heavy Weights—--1250-290) Good and choice 3.05® 3.15 1290-350) Good and choice ... 2.95® 3.05 —Packing Sows—(3so down) Good 2.20® 2.50 (350 upl Good 2.10® 2.35 (All weights) medium 2.00® 2.65 —Slaughter Pigs—-(llo-1301 Good and choice.... 2.00® 2.65 CATTLE Receipts, 400; market, steady. (1.050-1,1001-Good and choice $ 5.00® 6 25 Common and medium 3.00® 500 (1.100-1,5001-Good and choice 4.50® 6.15 Common and medium 3.25® 4.§0 (675-750) — Good and choice 5.00®' 625 Common and medium 3.00® 5.00 (750-900) Good and choice 4.25®> 600 Common and medium 2.50® 4.25 —Cows— Good 2 60® 3 00 Common and medium 1.85® 2.60 Low cutter and medium .... I.oo® 1.85 —Bulls (yearlings exc udedi Good (beef steers) 2.00® 275 Cutter, common and medium I.oo® 2.00 VEALERS Receipts, 500; market, higher. Good and choice $ 6.00® 7 00 Medium 4.00® 6.01 Cull and common 2.00® 4.00 —Calves—-(2so-500)_ Good and choice .......... 3.50® 450 Common and medium 2.00® 3 50 —Feeder and Stocker Cattle—-(soo-800 ) Good and choice 3 50® 4 50 Common and medium 2.00® 3.50 (800-1.5001-Good and choice 3.50® 4 50 Common and medium 2.00® 3.50 SHEEP AND LAMBS Receipts, 1,700; mark-t, steady. (90 lbs. down) Good & choice.s 6.50® 7.25 (90 lbs. down) Com. and med.. 4.00® 6.25 (90-110 lbs.) Good and choice. 6.25®. 7.00 —Ewes— Good and choice 1.75® 2.75 Common apd medium I.oo®. 1.75 Other Livestock BY UNITED PRESS. o„9?„ lOAGO - Dec. 15.—Hcgs—Receipts. J ■ 900. including 9,000 directs; active. 5 ,o 10: lover than vesterdav; bulk ’23-231 ,on - *3.30; 140-180 lbs.. $2.85®3.20: most pigs. $2,254/2.65; packing 05,.?, $2.2,1® 2.60: light lights. 140-160 lbs., good end choice. *2.75®3.15; light weight,r. 160-200 lbs., good and choice. $3423 25: medium weights. 200-250 lbs., good and choice. 53.15®3.30: heavy weights. 250-350 lbs., good and choice. $2.90®3.30; sows. 275-550 lbs., medium and choice. $2.15® 2.75; slaughter pigs. 100-130 lbs., good and choice. $2.25®2.75. Cattle—Receipts. 2.000: calves. 800; better grade light heifers and -ear yearlings about steady, but slow and lower for the week on others: slow, draggv catcb-as-catch-can market on all teers with "'eight: better grade light yearlings. 65.85; bidding $6.25 on strictly choice long yearlings: few loads big weight steers. s3.so®'; cows, weak: buns and vealers. steady; slaughter cattle and vealers. steers, 550-000 lbs., good and choice. "5® 7: 990-1.101 lbs., good and choice. ss® 6.75; 1,100-1.300 lbs., good and choice. $4.25 ®0.25: 1.300-1. .00 lbs., good and choice. $3.50® 5.50: 550-1.300 lbs., common and medium. 52.75475; heifers. 550-750 lbse.. good and choice, ss®7; common and medium. $2.75® 5: cows, good. $2.75® 3.75; common and medium. $1.90® 2.75: low cutter and cutter. $1.35® 1.90; bulls. yearlings excluded), good, beef, $2,754/3.25; cutter, common and m'>di"m, s2® 3; vealers, good and choice. $4®5.75; medium. s3®': cull and common. $2.51®3; Stocker and feeder cattle, steers, 550-1.050 lbs., good and choice. $3.75® 5 25; common and medium. 52.75®4. Sheep—Receipts. 12.000; talking steadv on desirable fat lambs, early sales up to $7 25; best holding around $7.50: supply aged sheep again liberal: undertone weak: slaughter sheep and lambs, lambs. 90 lbs. down, good and choice, $6.75 ® 7.50; common and medium. ss® 7; ewes, 90-150 lbs , good and choic-. 6,2.254/3.50: all weights, common and medium. $1.50® 2.75; feeding lambs, 50-75 lbs., good and choice. $5.50® 6.10. Bp Time* Special LOUISVILLE. Dec. 15—Cattle—Receipts, 150: mostly steady on light supply; bu’k common to medium steers and heifers. S3® 4 25; well finished kinds salable. $4.50® 5.75; sales within this range including one lot of 628-lb. weights at $5; bulk beef cows. 51.75®2.25; low cutters and cutters, sl® 1.50; bulk sausage hulls. $2.25®2.75: common to medium native Stockers and feeders. $2.50® 3.50. Calves—Receipts. 200;; -50 c higher; bulk better grades. $4.50®5; medium 3nd lower grades. $3.50 down. Hogs —Receipts. 700: weights from 175 lbs. down steadv other weights and classes 20 cents ower'; 180-250 lbs., $3.25: 255 lbs. up. $2.95: 140-175 lbs.. $2.90; 110-135 lbs.. $2.10; 105 lbs. down. $1.45; sows, $1 95: stags. 70c. Sheep—Receipts. 75; steady: mostly $5.50® 6 for medium to good lambs; choice kinds. $6.50: throwouts mostly $3.50. and desirable slaughter ewes mainly $2.

Breed, Elliott & Harrison Established 1912 CIRCLE TOWER Eleventh Floor GOVERNMENT BONDS FEDERAL AND JOINT STOCK LAND BANK BONDS REAL ESTATE PREFERRED STOCKS AND BONDS INVESTMENT TRUSTS BUILDING A LOAN STOCKS

Chicago Stocks 8? Abbott. Hopoin Ss Cos ———————

—Dec. 14TOTAL SALES. 42.0 M SHARES High. Low. Close Abbot Lab ... 42 Acme Steel Cos 29 28 28 Am Pub Serv pfd 4 3% 3*4 i Assoc Tele Util ' i Bastian-Blessmg 7% Bcndix Aviation 17 16% 16% Sinks Mfg 1% Borg-Warner 20'4 19% 20 Borg-Warner pfd .. 93'4 Butler Bros 4> 3% 4 Canal Construction .... ... 2% Cent HI Pub Serv pfd 18' 1 Cent & So West ... % Cent A- So West, pfd ..333 3% 3% Cent * S W P L pfd 6 Chi A- North Western.. 8% B'4 8 4 Chicago Corp com .... 2% 2% 2% Chicago Corp pfd .. 22' 2 Chicago Flex Shaft . ... 10% 10% 10% I Chi NShAMRRPL Chicago Yellow Cab .... .. 11% ! Cities Service 2 l l * 2 j Club Aluminum % i Commonwealth Ed 38'4 ! Consumers 6® pr pfd Ih ; Cord Corp 6% 6 Crane Cos. pfd 46 45 45 ; Dexter Cos ... i * I Elec Household 9'* 9 9 Great Lakes Aircraft., 1% 1% l' Great Lakes Dredge... . 19% 19'4 19 Grigsby-Grunow ’.a % % Hall Printing ... ;• Houdaille-Hershev A .. .. ... Houdaille-Hhershey B .. .. ... J ■ Ind Pneu Tool ‘J Iron Fireman ■ Katz Drug 2 ” Libbv-McNeil 3% 33 Loudon Packing JJ. 2 Lvnch Corp • " 2 Marshall Field 15 l i 149* 14 4 Mickelberrv Food Pr .. 3% -2% 3 , Mid West Utilities Vi V* ;* Mid W Util 6% pfd A , Midland United ,* Midland United pfd j ‘ Other Livestock BY UNITED PRESS ! EAST ST. LOUIS. 111., Dec. 15—Hogs— Receipts, 10.000; market, slow, uneven; few j early sales steadv with yesterday's average. I most-bids and few sales 10c to 15c lower; i few 170 to 210 lbs., early $3.25® 3.35; top. ! $3.35; most 160 to 225 lbs., later at $3.20; 110 to 140 lbs.. $2.25®3; sows. $2.25®2.40. ! cattle—Receipts. 1.200; calves. 700; market | mostly steadv in cleanup trade; receipts of ! all classes light: buls weak to 15c lower: : a few steers. $3.50® 4: mixed yearlings and (heifers. s4® 5: cows. $2.25® 2.75; low ! cutters. sl® 1.50: top sausage bulls, $2.60; I too vealers. 55.50; slaughter steers. 550 to i 1.100 lbs., good'and choice. 55®6.25: cornin'on and medium steers. $2.75® 5.25; I.ICO I to 1,500 lbs., choice. $4.75® 5.75; good. | $3.75® 5.50: medium. $3.25® 5. Sheep—Receipts. 1.800; market, not yet established; j asking fully steady: packers talking lower I on lambs; holding better lambs around $7 and above; lambs 90 lbs. down, good and choice. $6.50® 7.25: common and medium, $3.50®6.75; yearling wethers, 90 to 110 lbs.. Good and choice. $4.50®5.75: ewes. 90 s o 150 lbs., good and choice. $1.50® 2.75; all weights common and medium. sl®2. LAFAYETTE. Dec. 15.—Hogs—Market. 10c lower- 170-225 lbs.. $34/3.05: 225-275 lbs., $2.90® 2.95; 275-325 lbs., $2.80® 2.85; 140-170 lbs.. $2,754/2.90; 120-140 lbs., $2.40® 2.60; 100-120 lbs.. $1,754/2; roughs, $2.50 down; top calves. $5.50; top lambs, ; $6. j FT. WAYNE. Ind., Dec. 15.—Hogs—10c lower; 160-200 lbs.. $3.15; 200-250 lbs. $3.05; 250-300 lbs.. $2.95; 300-350 lbs.. 52.80- 150-160 lbs.. $2.90: 140-150 lbs.. $2.80; 130-140 lbs., $2.70; 100-130 lbs.. $2.25; roughs, $2 25; stags, $1.50. Calves, $6; lambs, $6.75. CINCINNATI. Dec. 15— Hogs—Receipts. 6 600 none direct and through; holdover. 570; generally 25c lower; top and bulk 160-225 lbs., $3.25: 225-250 lbs.. $2.15: 250300 lbs.. $2 95® 3.05; desirable 130-150 lbs., *2 504/3: bulk good packing sows. $2®2.25. C'ttie—Receipts. 575; calves, receipts. 300; most classes around steady; slightly better demand in some quarters for better handyweight butcher cattle and fat cows; most sales steers and heifers. $3.50® 4.50: few lots fed kinds up to $5.75: fat cows mainiy $2.25®2.75; few up to $3. low cutters and cutters, sl®2; calves steady to 50c higher; bulk good to choice. $54/5.50; few choice $6; plainer kinds. $3,504/4 50. Sheep—Receipts. 250; sales and indications fully steady and market largely nominal: owing to lack of sufficient numbers to set the price schedule; fat lambs quotable at $6.75® 7.25; most throwouts. $4,504/6.50; few yearlings, $3,504/4; fat ewes mainiy $1.50® 2.25; best light weights possibly $2.50. CLEVELAND. Dec. 15.—Cattle—Receipts. 150; market slow with trade practically at standstill: prices for week show decli'of 25 cents; choice steers 750-1.100 lbs.. *6 ® 5.50: good 600-1.000 lb. heifers. $4.25®4.75; good cows all weights. $2.50® 3. Calves —Receiots, 150; market steady and tradslow; off 50 cents for the week on all grades: choice to prime. $64/6.50; choicto good. $54/6: fair to good. s4® 5 Sheep —Receipts, 1.500; market active at steady orices: New York butchers take all offer--ings: prices steadv with week ago; choice wethers, $2,504/3.25: choice spring lambs $74/ 7.50. Hogs—Receipts. 1,200: openinslow but improved demand developed r! prices 10 cents lower than yesterday; me-- 1 ket 25 rents lower for we-k; heavies, $3.50: butchers, 150-250 lbs., $3.50. PITTSBURGH. Dec. 15.—Hogs—Receipts. 6.000; holdovers. 600; good demand; 160-301 lb. averages. 20 to 25 cents lower at $3.55 to mostly $3.65: pigs, steady: 110-150 lbs.. *3®3.25; 110 lbs. down. s2®3: rough sows. $3. Cattle—Receipts. 15; nominal. Calves —Receipts. 100: steady; good and choic? vealers. $5.50 to mostly $6; culls to 'common. $2.50® 4: heavy calves. $5 down Sheep—Receipts. 500; steady: about steaden few toed steers: latest sales vesterdrv : uo to $7.75: best kinds. 57.65®7.70; m~dinro around $6.25; common. $34/4.50; aged stock steady.

BrthsBoys Joseph and Frances Mattingly. St. Vin-c?iho.-ni'al. John end Laura Ko~ler. 1153 Wect T'.'" ntv-n’nt'\ Jacob end Gladys Green. 140 Villa. Eatil and Ruth Willie 721 South Mis- ; souft. John and Merle Nichols. 213 South Holmes. Dorsey and Gertrude Hoffa. 533 War- j ren. Wil'iam and W lraa Clark. 437 Abbott. 1 Ot's and Gladys Ervin. 1029 South Fleming. j Girls Charles and Mary Bruns. St. Vincent's I hospital. Oscar and Ruth Robinson. 650 Birch. C'cs'e and PcrMe Mahanev, 1110 West Mr.O-rt-. and Lucille Ludinngton. 332 Tror-b-idge. George and Bonnie White. 2501 Finley. Deaths Sophia Hajec. 63. 711 Concord, cerebral ! hemorrhage. Marion Dairy Caldwell, 21. city hospital. 1 acute pyelonephritis. Sina D. Lander. 44 321 West Forty-sec-ond, carcinoma. Frank McFail, 70. Methodist hospital, coronary occlusion. Flo -d Dale Ward. 7. Riley hospital, acute nephritis. Lena Phillips 36, 1221 Park, acute dilatation of heart. Lewis Edward M-Kinnev. 67. 28 West North, cardio vascular renal disease. Lena Day. 46. 36 West Arizona, chronic myocarditis. Charles Thayer. 85. 5501 North Illinois, broncho pneumonia. Oscar Miner, 59, 744 Lexington, chronic myocarditis. Omar Peek 56. Limestone and West Michigan, coronary occlusion Frank Fogleman, 51. city hospital, chronic nephritis. Irvi'i Paul Woods, 8. city hospital, broncho pneumonia. Mary Elizabeth Swope. 76. 3755 Ruckle, acute cardiac dilatation. Jenney Stradlev. 82. 515 South West, arteriosclerosis. Homer S. Harriman. 54. 3052 West Michigan, angina pectoris. I Insurance | See Us for Your Insurance | A. J. ftichmann & Cos., Inc. I 712 f'irrle Tower Ys Riley 1810 ?j - Life Insurance and Annuities Whitney W. Stoddard Massachusetts Mutual Life Ins. Cos. 300 Continental Bank Building. Attractive Market* in Local and Indiana Building & Loan Stocks Wm. E. Shumaker 6c Company, Inc. 140S ( itcl<- Tower 1,1 SIM Conservative Business Invited 2mcrican .Rational Bank ! AT INDIANAPOLIS wm xw COLLATERAL ' / V/r\ LOANS • /\J No Co-Makers Repaid Over ■ Whole Year The Indianapolis Morris Plan Cos. S. E. Corner Delaware and Ohio Sts hi. I '

Mid Util S'. A pfd % Midland Util 7i PL 1 Musk Mot Spec A 10 National Leather Nat Securities Inv Noblt't-Soarks Ind Inc . . 5"/ Nor Am Ni A- Pow ...... I'* Nortwestern Bancorp Penn Gas A- El 7% Perfect Circle 23 Pines Winterfront I s * Potter Cos 4 Prima Cos Process Corp . ... 2' Public Service N P . . ... ... l fi ' Public Service 7% pfd. ... ... 43 Quaker Oats 122 Quaker Oets nfd 113 Rvnerson A- Son 13 Sears Roebuck ... 43% Signode St Strapng pfd .. 8 Swift A- Cos 14’, 14’, 14’, Swift Internacional ... 28% 28', 28% U S Gypsum com . . 46' 3 Utah Radio ... I’* Utility A- Ind ... Utility A: Ind pfd 2 Viking Pump l’ Vortex Cup Cos ... B’, Vortex Cup Cos "A” ... 26% Walgreen Cos com ... 17 J Wisconsin Bankshares. .. ... 2-’. Zenith Radio 3-’ 3% 3% Indianapolis Cash Grain —Dec. 14— The bids for car lots of grain at the call of ‘he Indianapolis Board of Trade, f. o. b. shipping point, basis 41 % New York rate, were; WHEAT—Easy; No 1 red. 78'j®79';/C: No 2 red, 77'2® 78'zf: No. 2 hard. 77% @7B%C. CORN—Easy; No. 3 white. 40® 41c: No. 4 white. 39 /49c; No. 3 j-ellow. 394/40c: No. 4 yellow. 38®39c: No. 3 mixed, 38® 39c: No. 4 mixed. 374/ 38c. OATS—Easy; No. 2 white. 32®33c; No 3 white, 31® 32c. HAY (F. o. b. country points taking 23'-c or less rales to Cincinnati or Louisville' —Steady; No. 1 timothy, $7,501/8; No. 2 timothy, s7® 7.50. —lnspections WHEAT—No. 1 red. 1 car; No. 2 red, 3 cars; No. 1 hard. 1 car: No. 2 hard, 1 car. Total. 6 cars. CORN—No. 2 white, 1 car; No. 3 white. 2 cars; No. 4 white. 1 car. No. 2 yellow. 13 cars; No. 3 yellow. 11 cars; No. 4 yellow. 17 cars; No. 5 yellow. 2 cars; No. 6 yellow. 1 car. Total. 48 cars. OATS—No. 2 white, 4 cars: No 3 white. 4 cars: No. 4 white. 1 car; No. 3 mixed, 1 car. Total, 10 cars. CHICAGO CASH GRAIN Bn T’nited J’rrxs CHICAGO. Dec. 14.—Cash grain: Wheat —No. 2 red spring. 83%c; No. 2 hard. 85c. Corn loldi—No. 2 yellow. 49\4/50c: No. 5 yellow, 48c: No. 0 yellow. 48%c; No. 1 white. 49%c: No. 2 white. 50®50%c; inewi No 2 mixed. 494/ 49%c; No. 3 mixed. 47’, ./ 48%c: No. 4 mixed. 47%4/48c; No. 2 yellow, 4941491,0; No 3 yellow, 47- I ,® 48'./r: No. 4 yellow. 47®47’,c: No. 5 yellow. 46*2® 4o 3 ,c: No. 6 yellow, 42%®46i,c; No. 2 white. 49%4/49%c: No. 3 white. 484/'4B%c: No. 4 white. 48c: sample grade white. 42c. Oats —No. 2 white. 364/36%c; No. 3 white. 35%4/.36%c; No. 4 white. 34%®34 r, ,c; sample grade white, 31 %c. Rye—No sales. Barley—43477oc Timothy —ss.so® 6. Clover seed—sll® 13.85. Cash provisions—Lard. $4.80; loose. $4.55; leaf, $4.62; D. S. bellies, $5.50. TOLEDO CASH GRAIN Bp T'nited Preen TOLEDO, Dec. 14.—Grain close: Grain in elevators, transit billing: Wheat—No. 2 red. 87® 88c. Corn—No. 2 yellow. 52%4/ 53%c. Oats —No. 2 white, 39%®40%c. Rye—No. 2. 674/68c. Track prices, 28%c rate: Wheat—No. 1 red, 834783%c; No. 2 red. 824/ 83c. Corn—No. 2 yellow. 47%® 49%c; No. 3 yellow. 464/ 47%c; No. 4 yellow. 44%4/ 45%c: No. 5 yellow, 43%® 44%c. Oats—No. 2 white. 36%4/37%c: No. 3 white. 3647 37c. Seed close: Clover—Dec.. $8; March. $8.25. Alsike—Cash, $8.50 Dec.. $8.70.

WE BUY AND SELL: U. S. Government Bonds U. S. Territorial and Insular Bonds Indiana Municipal and Gravel Road Bonds Land Bank Bonds Home Owners’ Loan Corporation Bonds Bonds and Stocks of Indiana Corporations General Market Municipal and Corporation Bonds i Indianapolis Bond and Share Corporation 129 East Market Street Telephone Riley 4551

’and y Bldg. & Loan Todll sen I , sstu. _l_ Newton ♦ [!i![i[l@[![![![!S@@@SHS@@ Sl®®® ♦ ® ® i=l Ii appears that, the Administration at Washington nri LSU will not favor a prohibitive tax on Alcoholic Bever- 15J Is) (D []|[ Consult Is If 7on Are Interested in file Filrrliase or Sale of !1 DISTILLERY STOCKS H 1) H | I. C. Kahn & Cos., Inc. g Investment Counselors ||jfj I.lnuoln fi7K7 Suite M 5 Illinois I!Mk. InriianapoH* |j j ♦ HU®® ®®®®@®®®@®®®®®®®®® 4 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 Take a Winter Vacation in the West Indies For the traveler who desires to combine a refreshing vacation with an escape from cold weather . . . but 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 us arrange all the details of your cruise. RICHARD A. KURTZ, Mgr. Travel Bureau The Leading Travel Bureau of Indianapolis 6UNION TRUSTS 120 E. Market St. RI ley 5341 1

DEC. 15, 1933

MAJOR GRAINS HOLD FIRM r LIGHT SESSION Scattered Selling Forces Corn Fractionally Lower. Bv HARMAN W. NICHOLS 1 nitfd Press Staff Correspondent CHICAGO. Doc. 15.—There was no depressing routine news today and wheat futures opened higher on the Board of Trade. Liverpool was steady, the dollar eased on reports that there was no change in the administrations monetary attitude, gold was unchanged and stocks were mixed Wheat was % to % higher, corn was % lower on scattered selling and oats were unchanged to %-cent higher. Many look for advancing markets a little later on. but for the present are content to watch operations from the sidelines. The unexpected increase in primary movements of grains is having a depressing influence. Chicago Primary Receipts —Dec. 14. —Bushels— , Today Last Week "heat 447.900 256 900 Com 994.000 426.009 Oats 197.000 84.000 Chicago Futures Range - Dec. 15WHEAT— prev. High. Low. 10:00. close! May. 85% 84% .84’* .84% July 84% .83% .84 .83% CORN— May .51', .50’, .51% 51% July 53% .52% .53% .52% OATS— May .37% .36% .37% .37% July 35% .35% .35% .35% RYE— May .58 .57 .57% .57% July .59% .59 .59% .59% BARLEY— May .48 .48 July .. .. .48 ST. LOUIS CASH GRAIN Bp T’nited Prees ST. LOUIS. Dec. 14 —Cash— Grain: Wheat—ln fair demand. % cent lower - No. 2 red winter. 87c; No. 3 red garlicky 86c: No. 3 red garlicky, 84%®85c; hard grades, %c lower to -Lc higher: No. 2 hard. 85(®86%C. Corn—ln fair demand. %c lower; No. 4 mixed, new. 43%c No 2 yellow. 49 %c - No. 3 yellow, new 46% % 48c. Oats—ln fair demand; nominal to %c lower; No. 2 white. 36%c nominal; sample grade white. 35c. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 75 rent* for No. 2 soft red wheat. Other grade* on their merits. Active Trading in U. S. Government Securities Municipal Bonds Land Bank Bonds GraVel Road Bonds General Market Securities • • Direct Private Wire to Principal Markets • Investment ecUr,^e * Pf ass S Hughel INCORPORATED Chicago INDIANAPOLIS Ft. Wayn Illinois Bldg, j Lincoln 2565