Indianapolis Times, Volume 45, Number 200, Indianapolis, Marion County, 30 December 1933 — Page 15

DEC. 30, 1933

Wall Street

Government's Temporary Guarantee Bank Deposit Plan Goes Into Effect Next Week —Many Join. BY RALPH HENDERSHOT Time* Special Financial Editor

Within the next few days—Jan. 1, 1934, to be exact—the government’s plan for guaranteeing bank deposits will go into effect. Deposits up to ,$2,500 in all banks which have qualified under the plan will be guaranteed by the Federal Deposit Insurance Guarantee Corporation for a period of six months. At the expiration of that period the permanent plan will go l into effect. Under the permanent plan deposits up to SIO,OOO will be

guaranteed in full, deposits of from SIO,OOO to $50,000 will be guarantees up to 75 per cent, and all deposits of more than $50,000 will be guaranteed to the extent of 50 per cent. The names of the banks which have qualified under the guarantee plan have not yet been made public, but reports from Washington indicate that most lastitutions throughout the country will be included. All national and state banks which are solvent and which are members of the Federal Reserve System will provide guarantees for their depositors, being obliged to do so under the Banking Act of 1933. Many other banks also will have qualified. The aim of the guarantee provision of the act is to insure depositors safety for their funds and to build a sound banking structure under business. The emergency which developed early this year and which reached its peak in the closing of all banks in the United States made it obvious that some-

t Ey

Ralph Hcndershot

thing had to be done which would restore the confidence of depositors and at the same time make certain that this confidence is not misplaced. a a a a b a Banks Oppose Permanent Plan Under the guarantee plan—insurance is hardly the proper term for it—each bank participating contributes a percentage of its resources to the Federal Deposit Insurance Guarantee Corporation, which, in turn, guarantees to make good on any losses which might accrue to depositors in any of the banks through bankruptcy or from any other cause. Banks in the Wall Street area, generally speaking, have evidenced their willingness to play along with the government on the temporary guarantee plan, since the amount of the guarantee is limited and the amount they are obliged to contribute to the guarantee fund also is limited. But they are opposed to the permanent plan because the number and amount of assessments to support the guarantee fund is unlimited and because they feel it places a premium on bad banking practice. a a a B a a Might Be Harmful to Depositors The permanent plan has dangerous aspects. In the case of wholesale closings, such as occurred early this year, strong banks would be sacrificed for weak ones. And depositors in the strong institutions might also be hurt,, for their protection would be weakened by each call made upon the bank with which they carried their accounts, and the bank in the end might be forced to the wall, with only frozen assets with which to pay off depositors. But the temporary plan provides a breathing spell during which time congress may find a better way to strengthen the banking system and to provide protection for depositors.

New York Stocks (By Abbott. Hoppln Sc Co.I" 1

—Dec. 29 Prev. High. Low. Close, close. Amerada 41% 42% Atl Rfg 29% 28 7 i 28’a 29% Barnsdall 8% 8 8' 4 8% Consol Oil 10% 10*2 i0 3 4 io> Com of Del.. . . 17% 17 17% 17% Houston inew).. 3% 3% Indian Rfg .. 2% Mid Corn Pet li3 /4 ii% Ohio Oil 13*2 13% 13*2 13% Pet Corp 9% 9*2 9*2 9 % Phillips Pet ... 16% 15% 16% 16% Pure Oil 10% 10% 10% io% Royal Dutch 36 36% Sbd Oil 28*2 27% 27% 28% Shell Un ..... . 8 8 Skellev Oil . 8% Soc Vac 16% 16*8 16% 16% S O of Cal. 40% 39% 40% 40 SOofN J. . . 46 1 s 45% 45*2 45% Texas Corp 24 23 23% 24 Tidewater Assn . 8% 8% 8% 8% Un Oil of Cal 19 18% 19 18% Steels— Am Roll Mills... 19% 18% 18% 19% Beth Steel ... 31 % 36% 36% 37% Bvers A M 22% 22% 22 "4 23% Col Fuel & Iron 4 3% 3% 3% Gulf Sts Steel.. . . ... .. 24 Inland Steel .... 42% 40% 40% 41% Natl Steel 49% 49% 49% 49 1 Rep Iron & Steel 17 16% 17 17% Rep Iron & Stl p 40% 4040% 41 U S Smelt 97% 96% 96% 99% Vanadium 22% 22'% 22% 23 Mid Steel ... 12% 12% U S Pipe & Fdy 19% 18% 19 19% U S Steel 48 1 b 47% 47% 47% U S Steel pfd . . 90% 88% 88 >2 91 Voungstn Si- T 23% 23 23% 23% Kails— Atchison 56% 55% 55% 56 Atl Cst Line 41 % 40% 41 40% B&o 23% 23 23 23 Can Pac 12% 12% 12% 12% Ch & Ohio 40% 4040% 40 Chi & Gt W 95.. C M & St P 4' 2 4‘s 4% 4% C M & St P pfd 7% 7'b 7*B 7% Chi N W 7% 6% 6% 7 Cnl R Isl 2% 2% 2% 2% Dela & Hud 56% 54 54 551. Erie 14% 443* Grt Northern pf 20% 19% 19% 20% 111 Central 31 30% 30% 31% K C Sou . 11% 11 11 11% Lou & Nash 50% 51 M K & T 8> 2 8 8% 8% M° g ac 3% 33% 3 Mo Pac pfd .... 4% 4% 4*2 4*2 N Y Cent . .34 32% 33 33% N Y Chi &St L . . 15 NYC4St Lpf 18 17% 17% is N Y New Haven. 15 14% 15 2 15% N Y Ont & Wes .. ... 8% Norfolk & Wes 163 ifii Nor Pa „ c 23 '< 22,3 22% 23% Penn R R . 30% 29% 29% 30% Sou Pac 20‘e 19% 19% 20 Sou R R 26 24% 25 25% Sou R R pfd 30% 29 29 30 % Union Pac 112 111 m n 2 Wabash 2% 2% 01. West Maryl 5% 'g 3 Motors— Auburn 54'.. 52% 54 54 Chrysler 55% 54% 54% 55% Gen Motors 35% 34% 35 35% Graham Mot 2% 2% Hudson 14% 14% 14% 14% Hupp 4 3% 4 3% Mack Truck . . .36 34% 35 35 Nash 24% 23% 24% 24% Packard 4 3% 3% 3% fteo 33% Studebaker 4% 4% 4*B 4% Yellow Truck .. ... 4% 4% Motor Access— Bendlx 17% 16% 16% 17 Bohn Alum .. 57% 56% 57% 56%

Home Loan 45—1951 Bought — Sold—Quoted Blyth & Cos,, Inc. 503 Continental Bldg. 1.1. 6583

OFFICE SPACE

The available vacancies in th* several office buildings under our management offer a full rang* in pnee, siz* and type of office spac* KLEIN & KUHN Inc. Property Management LINCOLN 3545

Borg Warner .. 21% 21% 21% 21% Briggs 12% 11 t? nil fi /2 Budd Wheel .. 3% 3% 3% *3% Elec Auto Lite.. 19% 19% 19% 2 0 Houd A 4 Murray Body ... 6% 6% 6% 6% Stew Warner . . . 6% 6% 6% 7 Timken Rol 30% 30 30% 30 Minin? — Alaska Jun 22 21% 21% 21% Am Smelt 44% 43% 43% 44% Anaconda 14% 1334 14 141/. Cal & Hecla ... 4% 4% 434 41* Cerro De Pasco. 35 34% 34% 35% Granby 8 7% 8 7% Gt Nor Ore 1034 i O3 . Homestake Min. .. . . 315 4 Howe Sound 37 '77s/. Ins Copper .... 42 ' /a Int Nickel 22 2i% 21% '2i% lsl Creek Coal 25 Kennecott Cop.. 20% 20 '26 20% Noranda Cop.. . 33% 33% 33% 33 3 / 8 Phelps Dodge.. 17% 16% 16% 17 Pi !_ ts . C °al 9% 9 Tobaecos— Am Snuff 4g 1 • Am Sub Tob "' 76 Am Tob A 67 66 67 66% Am Tob B 68% 67% 68 68% Gen Cigars ogs/. Ligg & Myers 878 77 77% 77% Lorillard 17% 163 4 ifi% 16 s 8 Reynolds Tob B. 43% 43V 8 43% 43% equipments— Allis Chalmers. . 17! 17 17 17% Am Car & Fdy.. 24% 24% 24% 25% Am Loco . 27% 28% Am Mach & Fdy 13% 13 13% 1314 Am Steel Fdy . . 20% 19% 19% 20% Bald Loco 11% 11% U i/ 2 1!% rol } g ? S 15% 15% 15% 15% Case J I 62 % 67 68% 68% Colgat Palm Pet 10% 10% 10'/ 8 10 3 4 Congoleum 24% 23% 23% 23% Elec Stor Bat 433? 44 , 8 Foster Wheeler. 14% 14 14 14 G A Tank Car. 34% 33% 34 34% Gen Elec 19% 18% 19 19% Gen R R Slg 333/. 733? Int Bus Mach | 143 Int Harvester... 40% 39% 3734 40 2, at u r r, 1 1 7 11% 1134 n% : Natl Cash Reg .. 18% 18 18 18% ( Proc & Gamble 40% 39 40 39% ; Pullman Inc 53% 52% 53% 53% | Simmons Bed 17% 17 17% 17% ; !i' nd . •••• 371/ 2 36% 37% . . West Air B 28 27'% 27% 27% Westingh Elec 38% 37% 37'% 38% Worthington P. . 22% Utilities— 8 Am Power & Lit 6% 6% 6% 6% •Ini & For Pwr 8% 8 8% 8% AT&T 112 110 110 111% Am Wat Wks. 18% 18 18% 18 3 s Brook Un Gas... 64% 64% 64% 64 Cos G & Elec.. 12% 12% 12% 12% Col G& E pfd 52% 52% 52% 51% Com & Sou. . . l 3 4 Consol Gas 38*4 37*'* 38% 37V* Elec Pwr & Lit 4% 4% 4 3 4 4 J 2 E P & L fd.... 8% 8% 8% . Int TANARUS& T 15% 14% 14% 14% Lou G & E A’ . . . , i6% Nat Pwr & Lit 9% 8% 8 3 4 9% North Amer ... 15% 14% 15% 14% Pac C. & E 16 15% 15% 15% Pub Serv N J... 35% 35% 36 36 So Cal Edison. 16 15% 15% 151Std Gas 7% 7% 714 7 Std Gas pfd. . .. .. 8% 8% United Corp 4% 4% 4% 4% Un Gas Imp.. 15 14 3 4 15% 14% Ut Pwr & Lit 'A' 2% 2% 2% 2% West Union .. 54% 53% 53% 54% Rubbers— Firestone 19% 19 19 19% Goodrich 13% 13 13% 13% Goodyear 35% 34% 35% 35% U S Rubber .... 16% 15% 15% 16 U S Rubber pfd 26 25% 25% 26% Kei Spring 2/ 2% 2% 2% Amusements— Crosley Thea 13% 131,. Loews Inc .. . 28% 28% 28% 28% Radio Corp .... 7 6% 6% 7 RKO 2% ' 2% Warner Bros 5% 5 5 5% Foods— Am Sugar 47 4 o Armour A . ... 4% 4% 414 41, Beatrice Cream.. 10% 10 10% 10 Borden Prod ... 20 19% 19% 195. Cal Packing ... 19% 19 19% ‘19% Canada Dry G A 25% 25 25 25% Coca Cola ... 941, 941, Cont Bak A . 7% 7% 7% 71,4 Corn Prod 74 7 s 74 74 75 % Crm of Wheat .. 28% 28% Gen Foods 33% 32% 33% 33% Gold Dust 17% 17% 17% 18% G W Sugar 30 29% 29% 29% Int Salt . 21 Natl Biscuit 46 45% 45% ’46 Natl D Prod ... 12% 12 12% 12% Natl D Prod . . 12% 12 12% 12% S Porto Rico S 36 35 36% 34% Std Brands . . 22% 21% 21% 22V* United Fruit ... 60 59 59 60 " rigley 56 3 Ret'il Stores— Ass L y Goods.. ... n% n% Gimbel Bros. 4% 4% 4% 4% Gr Un Tea ... 4% 43* Hahn Dept Sts 5% 5% 5% 5% Jewel Tea ... 341* 34 Kresge S S 13% 13% 13% 13% Kroger Groc .. 24% 24% 24% 24% Macy R H 55 54% 55 55 May Dept St 30% 30 30 30% Mont Ward 22% 22 22% 33% Penny J C 53% 52% 53% 54 Safeway St 45% 451 Sears-Roebuck.. 42% 41% 41% 42% Woolworth 41% 41% 41% 41% Aviation— Aviation Corp.. 7 3 ? 7% 7% 7s, Douglass Air. ... 14 13% 14 13% Curtiss Wright.. 2% 2% 2% 2% Curtiss Wri t At 5% 5% 5% 5% Nor Am Av 5% 5 5 5 United Aircraft. 31% 31 31% 31% Chemicals— Air Reduction . 99% 99 993* 100 Allied Chem .147% 146% 147% 147% Am Com Alcohol 52 50% 50% 49% Col Carbon . . 62% 61% 61% 61'% Com Solvents 32% 32% 31% 32 Dupont . .... 94% 93% 93% 95 Freeport Tex. 44% 44% 44% 44 Liquid Carb 29% 28% 29% 27% Math Alkali .. 35% 34% 35% 35% Tex Gulf Sulph 40% 39% 40% 40% Union Carbide . 47% 46% 47% 46% U S Indus Alco 51 % 50% 51 50% Nati Dtst (new 1 25% 23% 24% 24% Drugs— Cotv Inc 3% 3 s lambert 21% 20% 21% 21 Lehn & Fink .. .. . . ia% Zonite Prod 6% 5% 6% 6 Financial— Adams Exp .... 7% 7% 7% 7 Allegheny Corn 3% 3% 3% 3% Chesa Corn . 34% 34 34 33% Transamerica 6% 6% 6% 6% Tr Conti Corn .. 4% 4% 4% 5% Building— Am Radiator 14*8 14% 14% 14% Gen Asphalt 15% 15 15 15% Int Cement 29% 29% Johns Manville 60% 50% 59% 60% Libbv Owens Gls. 36% 35% 35% 36% Otis Elev 16% 15% 15% 15% Ulen Const .. 2% 2% 2% 2% Miscellaneous— Am Bank Note , ... ... 15% Am Can . 99% 37% 98 98% Anchor Cap 19% Brklvn Man Tr . 33% 33 33% 33 Conti Can 75% 75 75% 75% Eastman Kodak. 80% 80 80 80% - Owens Bottle 81% ' Gillette 9 8% 8% 8% I Glidden 15% 15 15 : Gotham Silk 7% 7% 7% 7% Indus Ravon ... 81 79 79 80% Inter Rapid Tr . 13% 13% 13% 13% Real Silk Hose... 8% 8 8 7%

SPECIAL ISSUES DISPLAY FIRM TONE_AT CLOSE Others Weaken as Volume Drops; Repeal Group in Demand.

Average Stock Prices

Average of thirty Industrials for Thursday: high 100.04. low 97.16. last 99.29, up 2.49 Average of twenty rails 40.68. 39.59! 40 48, up 1.06. Average of twenty utilities: 23.30. 22.19, 23.06. up 1.08. Average of forty bonds: 83.97. up 43. Average of ten first rails; 90.80. up .34. Average of ten second rails: 69.19. up .89. Average of ten industrials: 84.69, up .44. BY’ ELMER C. WALZER United Press Financial Editor NEW YORK, Dec. 30.—Firmness in utilities, wet stocks and a few special issues stood out yesterday in an otherwise lower stock market. Trading was light. Most commodities reacted downward. Silver, hides and cotton were down moderately, while rubber and silk advanced. Bonds wer r featured by strength in domestic industrial issues. United States issues were firmer, while the dollar held steady in terms of foreign exchange. The RFC kept its gold price at $34.06. Utilities Are Strong Demand for “wet” stocks was a feature of the stock market session. American Commercial Alcohol touched 52, up 2 1/ 2; National Distillers 25Vs, up 1, and U. S. Industrial Alcohol 51%, up 1. The gains were reduced late in the session. Among other sections to show firmness was the utility which was an active feature yesterday. Most dealings were in Consolidated Gas, United Corporation and North American. Dealings and gains were smaller than yesterday. Individual shares to gain included Armour of Illinois preferred, which reached 59%, up 4 Vs ; American Smelting preferred 99%, up 3%; Interborough Rapid Transit 13%, up v 2 and anew 1933 high; National Aviation 10%, up % and anew top, and U. S. Smelting 97%, ex-divi-dend, up 1%. Weakness in Celanese was a feature of the early trading. The stock touched 33%, where it was off 4 points. It rallied slightly from that level. Other losses were much smaller. Declines of a point or so were noted in American Telephone, Du Pont, Case, Westinghouse Electric Texas Gulf Sulphur and a few others, while fractional losses were made by American Can, U. S. Steel, Montgomery Ward, Sears-Roebuck. New York Central, Commercial Solvents. Gold Issues Advance Automobile issues, favorites yesterday. were down slightly on profit-taking. Gold mining issues held small gains but were below the day’s highs. Stock sales yesterday were 1,130,000 shares as against 1,420,000 shares Thursday. Curb sales yesterday totaled 271.0000 shares as against 282.000 shares Thursday. Dow Jones preliminary averages showed Industrial 98.67, off 0.62; Railroad 40.42, off 0.06, and Utility 23.10, up 0.04.

Bank Clearings

INDIANAPOLIS STATEMENT —Dec. 29 Clearings $1,562,000.00 Debits 3.989.000.00 TREASURY’ STATEMENT —Dec. 29 Net balance for Dec. 27. . $1,072,247,019 54 Misc tilt. rev. repts 2.192,525.82 Customs repts. (mo to and.) 23,254.055.55

Foreign Exchange

ißy Abbott. Hoppin & Cos.) —Dec. 29 Close. Sterling, England $5.07% Franc, France 0609% Lira. Italy 0815 Belgias. Belgium 2160 Mark. Germany 3710 Guilder. Holland 6240 Peseta, Spain .1278 Krone, Norway 2555 Krone. Denmark 2270

Federal Farm Loan Bonds

(By Blyth & Cos., Inc.) —Dec. 29 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 Mav 1, 1957—37 80% 31% 4%s Nov. 1. 1958—38 80% 81% 4%s Mav 1. 1942—32 87 88% 4%s Jan. 1. 1943—33 83% 84% 4%s Jan. 1, 1953—33 83% 84% 4%s July 1, 1953—33 83*4 84% 4%s Jan. 1, 1955—35 83% 84% 4* 2 s July 1, 1955—35 83% 84% 4%s Jan. 1. 1956—36 83% 84% 4%s July 1, 1953—33 86% 88 4%s Jan. 1. 1954—34 86% 88 4%s July 1. 1934—34 86% 88 5s Mav 1. 1941—31 93*4 94% 5s Nov. 1. 1941—31 93% 94% Home Loan 4s. July 1. 1951.. 84% 85% New York Curb By Abbott. Hoppin & Cos. —Dec. 29. Close Close Allied Mills ... 7% Hiram Walker . 50% Alum Cos of Am 24*2 Hud Bay Min... 9 Am Cvanide 'B' 16% Humble Oil ....101 Am Gas & El 21 - Imp Oil Ltd . 12% Am Superpwr.. 2*2 Int Petrol .... 20 Atlas Corp .... 11% Lake Shore Min 45% Brazil Trt & Lt 11; Lone Star Gas. 5% Can Ind Ale A 19*2 Massev Harris . 4% Can Marc 2 Mt Producers . . 4 Carrier Corp .. 5% Natl Bellas Hess 2 Cities Serv . .. 1% NewmAnt Min .. 51% Com'weaith Ed. 33 Nia Hud Pwr. , 5*4 Cord Corp .... 7 !Pan-Am Airways 46% Creole Petrol .. 10*2 Park Davis .. . 23% Deere Sc Cd ... 28 Penn Road 2% Dis. Lim 20% St Regis Paper 2*4 Dis Corp . . 22*2 Sal Crk Prod . . 5% El Bond & 6h. . 11% Sherwin Wms. . 47% Fisk Rubber ... 9% Std of Ind 32% Ford of Can A’ 14% Std of Kv 14% Ford of Europe. 5% Stutz Mts ... 4*2 Gen Aviation . 5 Teck Hugh Gold 5% Gt Atl A- Pac.l29 Un P & Lt A'. 2** Glen Alden Coal 12*2 Wright Har Min 6*2 Gulf Oil of Pa 58*s

Investment Trust Shares

(By Abbott. Hoppin & Cos.) —Dec. 29Bid. Ask. American Bank Stocks Corp.. .73 .81 American & General Sec (A). . 4.00 250 American Sc Inv Tr Sh 1.50 2.50 Basic Industry Shares 329 3.33 British Type Inv Tr Sh 43 .53 Collateral Trustee Shares A' 4.48 4.68 Corporate Trust Shares old> .. 221 2.25 Corporate Trust Shares inewi 2.29 2.33 Cumulative Trust Shares . . 3.91 Diversified Trust Shares 'Ai... 625 .... Diversified Tr Shares tB) 7.00 725 Diversified Tr Shares 1C1... . 2.92 294 Diversified Tr Shares >D> 4.63 4.73 First Insurance Stock Corp. 1.31 1.34 First Common Stock Corp 83 .98 Fixed Trust Oil Shares iA> 8.43 8.63 Fixed Trust Oil Shares B) 6.93 7.18 Incorporators Investments .17 70 19.22 Land Bank Bond Shares 94 1.05 Low Priced Shares .... 5.33 Mass Inv Trust Shares 17.48 19 00 Nation Wide Securities .... 3 08 3.15 No Amer Tr Shares 1531 183 .. . No Amer Tr Sh 55 * 2.29 2.33 No Amer Trust Shares 158 >. . 2.40 2.65 Selected Amer Shares 2.55 .... Selected Cumulative Sh.. . 655 .... Selected Income Shares ... 336 388 Std Amer Tr Shares iA) . 2.75 3 50 Trust Scares of Amer 273 2 78 Trustee Std Oil IAI 523 5.43 Trustee Std Oil B>. 4.87 5.00 U S Elec Lt & Pwr tAt 9 50 9.87 Universal Trust Shares 2.90 2.95

THE INDIANAPOLIS TIMES

On Commission Row

—Dec. 29 Fruits Cranberries—Cape Cod early blacks. 15lb box. $2.50. Grapes—Califoraia emperors. crate. $2 15 '82.25. Pears—Washington AAJou. 90-165*. $2.50; Avascados. Fla . 16-165., crate. $1.75. Strawberries—Florida. 30c per pint. Bananas—Per pound. 6c. Apples—%Vealthy, Wolf River, Crimes Golden. Jonathan, Florida. $1.25@2 a bu.; ; fancy Jonathans. $2 a box. Grapefruit—s2.7s® 3.75. Oranges—California Navels, $4.25 a box. Lemons—36oc. $6. Vegetables Cabbage—Eastern Danish. 50-lb. bag, $1.60: new Texas, 70-lb. crate. $5. Onions—lndiana white. 50-lb. bag. 51.25: Indiana yellow, 50-lb. bag, $1.25; green, $6.50 a barrel Eeans—Round stringless, hamper. $1.75; best, $2.50. Beets—Bulk per bu., 51.15; Texas, new, $1.75 a crate. Peas —30-lb. hampers. $3. Carrots—California. $2.75 a crate; per doz., 60c; Michigan. $2.50 per crate, doz , 60c; bulk, per bushel, SI. Cauliflower—California (11-12s). crate $2.50. Celerv—Michigan Mammoth, bushel. 65c; medium bunch. 45c; hearts. $1.15; 15-bunch per crate, 52 25; California. S3 crate. Cucumbers—Florida, $3.75 bushel; hothouse. 85c per dozen. Lettuce—iceberg best f4-ss> crate, $3.50; hothouse. 15-lb. basket, 75c. Radishes—Hothouse button, 75c dozen. Spinach—New Texas. $1 per bu Turnips—Per bu., 75c. Tomatoes —Hothouse $1.50 8-lb. basket. Potatoes—Northern Round White, 100 lb. bag. $1.80; R. R. Ohios, 100-lb. bag, SI.80; 15-lb. bag. 33c; Idaho Russets. 100lb bag. $2.25; Texas Triumphs, new. $2 50-lb. bag. Sweet Potatoes—Nancy Halls, per bu., $1.60.

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, 6c. Turkeys—No. 1 young hens. 8 Ids. 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 for each pound under 55 lbs. will be made. Butter—No. 1. 25® 26c; No. 2, 22® 23c. Butterfat —11c. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO, Dec. 29.—Eggs—Market, firm; receipts. 2.306; extra firsts, 21c; fresh graded firsts, 19c; dirties, 11®13%c; current receipts, 18 1 ac; checks. 11@13V2C. Butter—Market, easy; receipts. 9.571 tubs; storage extras (92 scorei. 17%c; storage standards 190 score), 16@16%c; extra fiists <90@91% score), 16%®17c; extras <92 score), 17‘2C; firsts 88-89% score). 16 @l6%c; seconds 186-87*2 score). 15%c: standards (90 score). 17c; specials. 18® 18%c. Poultry—Market, firmer; receipts. 28 trucks, 2 cars due; turkeys. 12®16c; hens, ll®12c: Leghorn chicks. 9c; colored springs, i1%@12%c; colored Rocks. 13®15c: roosters. 8c; ducks. 10® 13c: geese. 14c; black chicks, 8c: Plymouth Rocks. 12Vi® 13c; White Rocks. 12%@13%c. Cheese— Twins, 9 1 2© 10c; Longhorns, 10@10%c; | South daisies. 10®10%c. Potatoes —Supply moderate; demand moderate; trading light on account of cold weather; market slightly stronger: Idaho Russets, few I sales. SI.BO, commercial. $ 1.50(7z 1.55; Wis- | consin Round Whites, 51.55: commercial ; grade, 51.45; Colorado McClures. $1.60® 1.70; shipments, 488. arrivals 46. on track J 152. | NEW YORK. Dec. 29.—Potatoes—Firm; I Long Island. $1.25® 2.85 per barrel: SouthI ern bag. $’[email protected] per barrel; Maine. I $1.2033.40 per barrel; Idaho, 51.75©2.15 per sack; Bermuda, [email protected] per barrel; ! Canada, sl.Boffil.Bs per barrel. Swee_t Potatoes—Steady; Jersey basket, 40c® $1.50; southern basket, 85c@$l. Flour— Quiet: springs, patents, $6.5036.75 per sack. Pork—Quiet. Mess —$17 per barrel. Lard—Dull. Middle West 5p0t—55.15®5.25 per 100 lbs. Dressed Poultry—Steady and firm; turkeys. 15®25c; chickens. B®2Bc; broilers, 12®24c: capons. 17331 c; fowls. 9 (516 c: ducks. 12315 c; Long Island ducks. 15316 c. Live Poultry—Firm; geese. 7@l2c: turkeys. 183 22c; roosters. 9c; ducks. 7® 12c; fowls, 13®.16c; chickens, 11316 c; capons. 18 320 c; brc-Uers, 20®23c. Cheese —Quiet; state whole whole flats 1933. 15@ 17c; Young America. 11%@12c. Butter— Receipts, 6,478 packages; market, unsettled; creamery, higher than extras. 20%@21c: extra 92 score 20c; first 90 to 91 score, 18319*20; first 88 to 89 score 16%®17%c: seconds, 15%@16%c: centralized 90 score, i 18c: centralized 88 to 89 score, 16 3 4 ®17%c: centralized 84 to 87 score J5%@1614c; ladles current make extras. 14 1 2 c: firsts. 13313*20. Eggs—Receipts, 7.724 cases; market, firm; special packs, including unusual hennerv selections. 27328%c; standards. 26c; firsts. 20 321 c: mediums. 183 18%c; dirties, 18@18%c: checks, 15%c. CLEVELAND. Dec. 29.—Butter—Market, barely steady; extras. 21%c; standards, 21c. Eggs—Market firm; extra whites. 21c; current receipts, 18c; fresh pullets, 15c. Poultry—Market, firm; colored fowl. 4% lbs. and up, 15c; colored fowl medium. 12c: Leghorn fowl. 3*/a lbs. and up. 113 12c; springers Rock. 4% lbs. and up. 15c; springers colored, 3V2 lbs. and up, 12c; springers Leghorn heavy. 11c; ducks white. 5 lbs. and up. 13315 c; ducks lgiht, 12c; geese heavy fat, 13®15c; turkeys. 24@25c; old toms. 18®20c; old roosters, Bc. Potatoes—(All quotations based on U. S. No. 1 and 100-lb. sacks.). Maine Green Mountains and Cobblers. $1.90@2; mostly $2; few $2.10; partly graded $1.7531.85; Idaho Russet burbanks, $232.10:, partly graded. $1.90; Ohio ami New York best. $1.50: partly graded, $1.2531.35. LAFAYETTE. Dec. 29.--Hogs—Market. 10c lower; 170-225 lbs.. $3.10®3.15: 225275 lbs., [email protected]: 275-325 lbs., $2.9032.95: 140-170 lbs.. $2.6532.90: 120-140 lbs.. $2.15 32.40: 100-120 lbs.. $1.5031.75; roughs. 52.50 down. Top—Calves, $6.50. Top Lambs, $6.50. Other Livestock BY UNITED PRESS CHICAGO, Dec. 29.—Hogs—Receipts, 30.000 directs: fairly active: strong to 5c higher; pigs and packing sows, steady; 180-220 lbs, $3.353 3.40; top $3.40 paid freely; strong weight pigs, $2.75; most packing sows $2.503 2.75; light lights. 140160 lbs., good and choice. $2.8533.25; light weight 160-200 lbs., good and choice, [email protected]: medium weights 200-250 lbs., good and choice, $3.25®3.40: heavy weights, 250-350 lbs., good and choice. $33 3.40: packing sows. 275-550 lbs., medium and choice. $2.3532.90; slaughter pigs, 100-130 lbs., good and choice, $2.25® 2.75. Cattle —Receipts, 3,00; calves, receipts, 700; general market, dull; no strictly choice steers or yearlings here, medium grades predominating and selling slowly at steady prices, weak prices on catch-as-catch-can market; medium to good weighty steers. 50c lower than Tuesday; all she stock slow to weak; most i cows $2.50 down; bulls steady up to $3.25; veal calf trade top heavy at s6®7; best yearling steers. $6.10; springling sales at Ss@s 50. but mostly s4®s; slaughter cattle and vealers: steers 550-900 lbs., good and choice. $5,253-6.50: 900-1,100 lbs., good and choice. $536.50; 1,100-1,300 lbs., good and choice. $536.25; 1.300-1.500 lbs., good and choice. $4.2536; 550-1.300 lbs., common and medium, s3®s: heifers. 550750 lbs., good and choice. $4.7536.50: common ana medium, $33 4 75; cows, good, $2.75®3.75; common and medium. $2.35® 2.75; low cotter and cutter. $1.40®2.35; bulls, yearlings excluded, good beef. $33. 3.50: cutter, common and medium. $2,503, 3.25; vealers. good and choice, $5.503 7.25; medium. $435.50; cull and common, $33 4; Stocker and feeder cattle: steers, 550-1,050 lbs, good and choice. $3.75®5; common and medium. $2.503 3.75. Sheep—Receipts, 12.000: fat iambs opening rather active; bids and early sales. steady. around $7.5037.65. sellers asking 103,15 c higher: sorts light; sheep and feeding lambs firm; desirable ewes up to $3.50; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $7®7.75: common and medium, $537.15; ewes 90-150 lbs., good and choice, [email protected]: all weights, common and meI dium, $1 5032.75; feeding lambs. 50-75 lbr., good and choice, $5.40®6.50. TOLEDO. Dec. 29.—Hogs—Receipts. 150; market steady to 10c lower' heavy’ yorkers. $3.2533.40: mixed and bulk of sales, $3.25 3 3.40; pigs and lights. $2.2532.75; medium and heavies, $2.85®3.40: roughs. $2.253 2.35. Cattie—Receipts, light; market steady. Calves—Receipts, light: market, strong; choice to extra. $6.50®7; fair to good. ss® 6. Sheep and Lambs--Receipts, light; market, steady. I CINCINNATI. Dec. 29.—Hogs—Receipts, j 4.500; including 438 direct and through; holdover 575: mostly 15c lower; packing sows steady; top and bulk 160 to 250 lbs, ! $3 50: 250 to 300 lbs, $3.30 to $3.40: 130 to ! 160 lbs, 52.8533.25: bulk good packing I sows. 5232.25. Cattle—Receipts. 1.200: i calves. 250; mostly around steady, some j sales steers and heifers shade lower than i Thursday; most fed offerings. S4 2535.50; ! odd lots light weights to $6: fat cows I mainly $2 2533: odd head. $3.25; low 'cutters and cutters. $1 2532.25: bulls $3.25 1 down: calves strong to 50c higher: good I to choice. $6.5037.1)0; plainer kinds from *6 down. Sheep—Receipts. 200: fat lambs. 55c or more higher: meager supply principal strengthening factor; better grades mairfv $7.503 8; throw out principally. s6® 7: fat ewes. $2 33. NEW YORK COFFEE FUTURES —Dec. 29 — SANTOS High. Low Close. January 8 12 8.83 8.86 March' 9.10 8 98 9.02 Mat 9.23 9.16 9 19 i July 9.30 9.28 9.29 September 9 63 9.59 9 62 December ... 9 72 RIO 1 January . 6.32 I March ' 6.58 6 48 6 48 i Mav 6.63 6 59 6.60 I July 6.80 6.74 6.74 September 6 94 6 84 6 87 December 6.95 NEW YORK RAW SUGAR FUTURES —Dec. 29High. Low. Close. January 1.19 118 1.19 March' 1.28 1.24 1-28 Mav 1.33 1 31 1 33 July 1.37 1.35 1.37 September 1.43 1.41 1.43 December Lit

PORKER PRICES OFF 15 CENTS AT CITYYARDS Cattle, Calves Unchanged; Lambs Stationary at $7.75 Down. Initial sales on hogs at the Union Stockyards yesterday were weak to 15 cents lower than Thursday’s average. After the opening few classes moved around 5 cents higher than the low. The bulk, 160 to 250 pounds, sold for $3.20 to $3.35. Extreme heavy weights ranging from 250 to 350 pounds were salable at S3 to $3.20, while lighter kinds weighing 130 to 160 pounds brought $2.70 to $3.05. Light slaughter pigs scaling 100 to 130 pounds were selling at $2 to $2.55. Receipts were estimated at 9,000; holdovers, 1.448. Trading in the cattle market was slow and steady. Few small lots sold at $3.25 to $5.25. She stock was active and fully steady at the previous close, with most heifers selling under $5. Cows ranged from $2 to $3. Receipts numbered 400. Vealers were unchanged with yesterday’s late trade and most classes sold at $7.50 down. Top held at SB. Receipts were 700. Steady sales featured lamb trading, with few native grades salable at $7.25 to $7.75. Early supplies consisted mostly of fed westerns. Receipts were 2,500. Asking was silghtly higher on hogs at Chicago, with few bids steady to 5 cents higher than Thursday’s average. Choice of 200-pound weights was bid at $3.35. Receipts were estimated at 20,000, including 13,000 directs, holdovers, 3.000. Cattle recipts numbered 3,000; calves, 700; market stationary. Sheep receipts, 12,000; market unchanged. HOGS Dec. Bulk Top Receipts 22. $3.20® 3.30 $3.35 7 000 23. 3.20® 3.30 3.35 2,000 26. 3.40® 3.50 3.50 9,000 27. 3.50® 3.65 3.65 5 000 28. 3.30® 3.45 3.45 8,000 29. 3:20® 3.35 3.35 9,000 Market, Lower. (140-160) Good and choice. .$ 2.85® 3.05 —Light Weights—-(l6o-180) Good and choice. . 3.30® 3.35 (180-200) Good and choice... 3.30® 3.35 —Medium Weights—-(lßo-200) Good and choice. . 3.25® 3.30 (220-250) Good and choice... 3.20® 3.30 —Heavy Weights—-(2so-290) Good and choice. . 3.10® 3.20 (290-350) Good and choice... 3.00® 3.10 —Packing Sows—(3so up) Good 2.35® 2.50 (All weight) Medium 2.25® 2.35 (100-130) Good and choice... 2.00® 2.55 —Slaughter Pigs— Good and choice $ 7.00® 8.00 CATTLE Receipts, 400; market, steady. (1.050-1.100) Good and choice $ 5.25® 6.50 Common and medium 3.50® 5.25 (1.100-1.500) Good and choice 5.00® 6.50 Common and medium 3.75® 5.00 (675-750) — Good and choice 5.00® 6.25 Common and medium 3.00® 5.00 (750-900) Good and choice 4.50® 6.00 Common and medium 2.75® 4.50 —Cows— Good 2.50® 3.25 Common and medium 2.00® 2.50 Low cutter and medium I.oo® 2.00 —Bulls (yearlings excluded) Good (beef steers) 2.00® 2.75 Cutter, common and medium. I.oo® 2.00 VEALERS Receipts, 700; market, steady. (100-130) Good and choice. .$ 2.00® 2.55 Medium 4.50@ 7.00 Cull and common 2.00® 4.50 —Calves—-(2so-500) ! Good and chocie 3.50® 5.00 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-800) Good and choice 3.75® 4.75 Common and medium 2.50® 3.75 (800-I,SCOI-Good and choice 3.75® 4.75 Common and medium 2.50® 3.75 SHEEP AND LAMBS Receipts, 2,500; market steady. (90 lbs. down) Good Sc Choice $7.25® 7.85 (90-110 lbs.) Good and choice. 7.00® 7.75 (90 lbs. down) Com. and med.. 4.50® 7.00 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CLEVELAND. Dec. 29.—Cattle—Receipts. 250; market fairly active; continuing to show advance for the week of from 25c to 50c; choice steers. $6®6.50; good 600 to 1,100 lbs., heifers, $4.25®4.75; good cows all weights, $2.50®3. Calves—Receipts. 400; market active and 50c higher for the week market shows unusual advance of $1.50; choice to prime. $7.50®8: choice to good, [email protected]; fair to good. $5.50®6; common. $4®5.50. Sheep—Receipts. 1.200; market steady; lambs. 40®50c higher for week; choice wethers, $2.50®3.25; medium to good, $1.50®2; choice spring lambs. $7.50®7.90; good and choice. $7®7.50. Hogs —Receipts, 1,500; market steady on government selection of light hogs and at complete standstill on packer grades. Prices 50c higher for the week on government hogs and from 25c to 40c lower on packer grades; choice butchers, $3.65; light butchers, $3.90: choice yorkers. $3.90; pigs. s3® 3.25. PITTSBURGH. Dec. 29.—Hogs—Receipts. 1.800; active, fully steady; top and bulk. $3.85 on 170-220 lb. averages; 230-250 lbs., $3.75; 260 lbs. up, $3.50®3.60; 140-160 lbs., $3.2553.50; 100-130 lbs.. $3®3.25; packing sows, largely $2.75. Cattle —Receipts. 15; market nominal. Calves—Receipts. 75; steady, top vealers, $7; medium grades. $4.50®5.50. Sheep—Receipts, 300; early indications steady at $8 for desirable fat lambs: shorn lambs yesterday. $6.80@7; culls down to $3: aged stock steady. FT. WAYNE. Dec. 29.—Hogs—10c lower; 160-200 lbs., $3.25; 200-250 lbs.. $3.15: 250300 lbs., $3.05: 300-350 lbs.. $2.90: 150160 lbs.. $2.95: 140-150 lbs.. $2.85: 130-140 lbs.. $2.75; 100-130 lbs., $2.25; roughs. $2.25: stags. $1.50; calves. $7: lambs. $7.25. By Times Special LOUISVILLE. Dec. 29.—Cattle—Receipts. 200; market less active, but mostly steady at week's advance; bulk common to medium steers and heifers, 53.50Q4.5Q; good fed lightweights eligible to $6; bulk beef cows. 52Q2.50; good smooth kinds eligible around $3: low cutters and cutters mostly [email protected]; sausage bulls quotable from $3.25 down: well bred Hereford heifer stock calves quotable at $4.50: common to medium grade native Stockers and feeders mostly 52.50Q3.50. Calves. 125; market not established: early indications fully steady to strong: bulk better vealers yesterday. $5.50® 6. Hogs—Receipts. 1,000: including 372 directs: market. 25c lower; 180-250 lbs.. $3.40: 255 lbs. up. $3.10: 140175 lbs.. $3; 110-135 lbs.. $2.25: 105 lbs. down. $1.60; sows. $2.18; stags. 85c. Sheep j —Receipts. 50. steady, bulk medium to good lambs. $5.50®6: choice kinds. $6.50; bucks discounted. $1: throwouts. $3.50: desirable ew’es, $2. I KANSAS CITY. Dec. 29—Hogs—Receipts, 3.500; including 40 directs: fairly | active, steady to 5c lower: mostly steady with yesterday’s average: top. 53.15. on 180-280 lbs.: light lights. 140-160 lbs.. $2.50 ®3: lightweights, 160-200 lbs.. $2.90®3.15; medium weights. 200-250 lbs.. $3.05®3.15: heavyweights. 250-350 lbs., 52.90Q3.15: packing sows. $2 15® 2.65; feeder and Stocker pigs. $1.50® 2.25. Cattle—Receipts, i 1.000: calves. 2.250; fully steady on most i killing classes: Several leads short fed ! steers. $4.25®4.75: part load. $4.85: Stocker : and feeder classes unchanged: steers good and choice. 550-1.500 lbs.. $3 75® 6.40: ! steers, common and medium. $2.75® 4.85: ! heifers, good and choice. 550-900 lbs $4.35 i ®6: cows. s2® 3: vealers. $3.50® 6.50; ! Stockers and feeders. $3,503-5. Sheep—i Receipts, 1.200: lambs steady to strong: sheep steady: 95-!b fed lambs. $7.40: most fed lots. $7.250 7.40: best natives. $7.20. EAST ST. LOUIS. 111.. Dec. 29.—Hogs— Receipts. 9.000. including 800 direct: market. opened slow and around 5c lower than average vesterdav: later trade more active and steady to 5c lower than yesterday's average; top. 53.30: early sales. 160 lbs and up. $3 25Q.3.30: mostly $3.30: no action on pigs: sows about steady at $2 15 Q 2.40. Cattle —Receipts. 800; calves 800: market, vealers 25c higher: top. ST 25: ether classes about steady in clean-up trade: not enough steers to make a marke’: small lots. s4® 4.90: heifers. $3 50® 4.50: beef cows 52.25®2.75: low cut’crs. $1.25® 1.65: top sausage bulls. $3: slaughter steers. 550-1.100 lbs., good and choice. S5 253 6.25: common and medium $2 75® 5 25: 1 100-1.500 lbs., choice. Ss®6: good. S4 25® 5.25: medium $3 750 5 Sheep— Receipts. 1.000: market, receipts light and market opening steady: earlv sales of wooled lambs. $7 500 7.75: top paid by city butchers: several loads ot wooled iambs and some clipped yearlings unsold; lambs. 90 lbs down, good and choice. s7® 7.75: common and medium. $1®7.25: yearling wethers. 90-110 lbs., good and choice. S4 50®6: ewes. 90-150 lbs. good and choice. $175®3; all weight, common and medium. $1 ® 2.25 German women who participate in Nazi party activities are not perI mitted to use cosmetics.

COST OF NEW DEAL

27% \ / CREDITS \ / WORKS \ / ( ’ 3 ,150.000,000.) I 9Z 1 T ' t \HOME-LOAN BONDS/ \%, / ' *2 8, 11,0n5.)/ N**,,, 1 9 /o 17% / Federal \ W / Guaranteeing of \ \ / BANK DEPOSITS (*2 Billions)

Distribution of $12.000.000,00C promised for the new deal. Farmers get 26 per cent of total, home owners 17 per cent, public works 27 per cent, while banks and emergency relief workers get the rest. Some of this money will be loaned, much of it is a direct federal subsidy to various groups and individuals, according to the national committee for economy in government.

Chicago Stocks By Abbott, Hoppln & Cos. —————

Total Sales. 57,000 Shares. High Low. Close. —Dec. 29 Allied Products 10% 10 10% Altorfer Bros • - 11 Am Pub Serv pfd ■■■ 3** Asbestos Mfg 3*2 3*4 3*2 Asso Tel Sc Tel ‘A’ ... . 1% Asso Tel Util 'A' pfd... Is % % Automatic Washer 1 Bastian-Blessing ... 6% Bendix Aviation 17*4 16% 16% Borg-Warner Si’s 21% 21% E L Bruce Cos 10% Butler Bros 4% 3% 4% Cent 111 Pub Serv pfd. . 12% 12*2 12-1 Cent & So West pfd ... 3'a Cent & So West P L pfd 4*2 4% 4% Chi & North Western.. 7V* 7 7 Chicago Corp com 2',2 2% 2-2 Chicago Corp pfd 23% 23 23 Cities Service 1% 1% 1% Club Aluminum •• % Commonwealth Edison.. 34*2 32% 33 2 Cord Corp 7% 6*2 V'4 Crane Cos g Crane Cos pfd *■? Davton Rubber ,■ •• j> Goldblatt Bros 20 19 20 Great Lakes Aircraft. .. 1 % £ Great Lakes Dredge .. 21 20% 20_ 4 Grigsby Grunow % % Hall Priting Hart-Carter pfd Hibbard, Spenc B & Cos .. ... 28 Houdaille-Hershey A 11 Illinois Brick ’ Interstate Power 10% Keystone Steel pfd - • • Libby-McNeil ••• , •>., Lincoln Printing % *4 % Lincoln Printing pfd •• 1 Lynch Corp 32 31V2 31% Marshall Field •• • 13% Material Service McQuav-Norris • • 42 Middle West Utilities % Middle W Ut 6% p (A) % *4 % Midland Ut 6% (Ai pid % Miller & Hart pfd 8

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 Indiana, egg SCO Indiana, mine run 4.75 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg 8.25 Pocahontas forked lump y. 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 ton for coal carried to bin.

In the Cotton Markets

—Dec. 29 CHICAGO High. Low. Close January 10.20 March 10.35 10.30 10.34 May . . 10.51 10.46 10.49 July 10.65 10.61 10.64 October 10.85 10.80 10.80 December 11.00 NEW YORK January 10.18 10.09 10.09 March 10.29 10.22 10.26 May 10.45 10.39 10.41 July 10.60 10.54 10.57 October 10.79 10.71 *0.72 December 10.93 10.87 10.89 NEW ORLEANS January 10 'i 2 March 10.27 10.20 10.22 Mav 10-42 10.35 10.38 July 10.56 10 54 10.55 October 10.75 10.69 10.71 December 10.84 NOVEMBER ADVERTISING VOLUME INCREASES Seventy Leading Cities Show Gain of 4.2 Per Cent Over 1932. By Times Special NEW YORK, Dec. 29.—Volume advertising now is regarded as an accurate indicator of general business activity, and on this basis it is evident that a marked expansion of business is under way. November advertising in newspapers, for instance, as reported in Advertising Age, showed a further increase, the figures for seventy leading cities totaling 5.376,000 lines, a gain of 4.2 per cent, compared with the corresponding month of 1932. This followed a gain of 2.2 per cent recorded for October. Automotive advertisers are making the most impressive gains in the volume of newspaper advertising, their record in November climbing to 7,130,000 lines, an increase of 49.4 per cent, compared with November, 1932. General advertising pushed its gains to 12.2 per cent, with a total cf 25,573,000 lines. Retail advertising also showed gains, with financial and classified below last year’s level. Similar trends are being shown in the magazine field. Advertising Age reports ad advertising in 100 leading magazines for December totaled 1,573,000 lines, a gain of 16.6 per cent, compared with the final month of 1932. U. S. Government Bonds By United Press NEW YORK. Dec. 29.—Closing Liberty bonds: (Decimals Represent 32nds>. Liberty. 3%s (32-471 100.16 First 4%s (32-471 101.13 Fourth 4%s '33-381 101.27 Fourth %s (33-38 1 called 101.2 Treasury. 4%s (47-521 106.20 4%5-3%s i43-45i 99.8 4s '44-54) 103.4 3%s '45-56' 101.18 3%s (43-471 99.12 3%s (41-43i March 99.10 3%s (40-43( June 99 16 3%s > 41 1 98.26 3%S <46-491 95 21 3s (51-55) 94.11 CHICAGO FRUIT MARKET By Times Special CHICAGO. Dec. 29.—Apples—Michigan Jonathans. $1.2501.50: Mclntosh. $1,250 1.75. Carrots—lllinois. 500 75c bushel. Somach—Texas. 75c® $1.10: Illinois. 50® €oc. Beans—Southern, green *1.8502.35. Mushrooms—lllinois. 1525-lb. cartons. Cucumbers—Southern. S2O 2 75; hothouse. S2 5045 3. Tomatoes—Florida. $2.75® 300. Illinois and Ohio hothouse. $lO 1.25. Leaf Lettuce —Illinois hothouse. 15 3i7%c box. Celery—Michigan 50c 0 $1.25 square carton. Cabbage—Wisconsin. $2.500 2.75 100lb. sacks Sweet potatoes—lllinois. $1 250 1.40: Indiana 51.50®. 1.75. Celerv cabbage —Michigan. 300 40c flat crate Horseradish—lllinois. 50c bunch. Parsnips—lllinois. 75690 c bushel. Onion makrt? Western Valentias. $101.15; central western yellows. $161.10; western whites. SL7S.

Modine ... 9% Mohawk Rubber ... 2% National Leather National-Standard ... 20% National Union Radio.. . ... % Noblitt-Sparks Indu Inc 24*2 24 24% Pines Winterfront % Prima Cos 7% 7*2 7*2 Process Corp .. 3% Public Service 12% 12 12 Public Service N P 13% 13 13 Quaker Oats, pfd ... 115 Ryerson & Son 12 % Sangamo Elec, com 5% Stand DredgiSg Cos. pfd. 2% 2% 2% Swift & Cos 14% 14 14% Swift International 27% Thompson. J R 6% United Print Sc Pub, pfd . . ... % Utah Radio 1% 1% 1% Utility & Ind % Utility & Ind, pfd 1% Vortex Cup Cos B*4 8 8% Walgreen Cos. com 17% Ward, Mont 'A' ... 85% Wisconsin Bankshares ... ... 2% Chicago Futures Range —Dec. 29 WHEAT— p rev . Open. High. Low. Close, close. Dec.. .82% .82% .80% .80% 83% May.. .85*8 .85% .83% 83% .85% July.. .84% .84% .82% 82% .84% CORN— Dec. . 44% .44% .43% .43% 45% May.. .51% .51% 49% .49% .51% July.. .53*4 .53% ,51% .51% .53% OATS— Dec. .34% .34% .33% .33% .34% May.. .37% .37% .36% .36% 37% July.. .35% 35% .34% .34% .36 RYE— Dec 52% .5414 May.. .57% .57% .56% .56*4 .58% July.. .59% .59% .58% .58% .60% BARLEY— Dec 46 3 4 48 May.. .52 .52% .52 " .'53*4 July 52 .53*% LARD: (Old) Jan.. 4.85 4.92 4.85 485 490 May.. 5.45 5.52 5.42 542 5.47 BELLIES: (Old) Jan.. 5.12 5.12 5.10 5.10 510 Mav 5.70 5.70 BELLIES: (New)— ? ec 5.05 5.05 Jan 5.65 5.65 May.. 6.30 6.30 6.37 6.27 6.30 LARD: (New) Dec.. 4.75 4.77 4.75 4.75 4.80 Jan-. 5.30 5.30 5.30 May.. 5.65 5.70 5.65 5.65 570 July.. 5.62 5.62 5.65 Sept.. 5.80 5.80 5.77 5.77 5.82 Chicago Primary Receipts —Dec. 29Bushels Last Today. Week Wheat 310.000 504 000 Corn 311.000 647.000 Oats 96.000 93.000

Indianapolis Cash Grain

—Dec. 29 The bids for car lots of grain at the call of the Indianapolis Board of Trade f. o. b., shipping point, basis 41% New York rate, were: Wheat—No. 1 red. 77® 78c; No. 2 red 76®77c; No. 2 hard. 76®77c. Corn—Steady; No. 3 white. 39%®40%C' No. 4 white. 38%@39%c: No. 3 veliow. 38% ®39%c; No. 4 yellow. 37%®38%c: No. 3 mixed, 37%@38%c; No. 4 mixed. 36%® 3 / * 2C. Oats—Firm; No. 2 white. 32®33c; No. 3 white. 31®32c. Hay—Steady. (F. o. b. country points taking 23%c or less rates to Cincinnati or Louisville). Timothy—No. 1. $7.50@8; No. 2 timothy. [email protected]. —lnspections Corn—No. 4 white. 1 car; No. 3 yellow. 3 cars; No. 4 yellow, 1 car. Total. 16 cars. Oats—No. 2 white, 1 car; No. 3 white. 1 car. Total. 2 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 75 cents for r-o. 2 soft red wheat. Other grades on their merits. TOLEDO CASH GRAIN By United Press TOLEDO. Dec. 29.—Grain close: (Grain m elevators, transit billing!. Wheat—No. 2 rco. 86 1 2&87*2C. Corn—No. 2 yellow. 510 52c. Oats—No. 2 white. 39%®40%c. Rye—No. 2. 65®66c. (Track prices. 28%c rate). Wheat—No. 1 red. 83®83%c: No. 2 red. 82®82%c. Corn—No. 2 veliow. 46® 48c; No. 3 yellow. 44*i®46c; No. 4 veliow; 43%@44%c; No. 5 veliow. 42%®43%c Oats —No. 2 white. 36%®37%c: No. 3 white. 35%@37c. Seed close; Clover—Dec. $8 Mar.. $8.25. Alsike—Cash. $8.50 CHICAGO CASH GRAIN By United Press CHICAGO. Dec. 29.—Cash grain: Wheat —No. 1 hard. 85c; No. 2 hard, 84c. Corn—(Old). No. 4 mixed. 45%c; No. 2 veliow. 48®48%c: (newt. No. 3 veliow 46®46%c: No. 4 veliow. 44%®45c: No. 3 white. 47%c: sample grade white. 31c. Oats—No. 2 white. 37® 37%c: No. 3 white. 36%®36%c: No. 4 white. 34% ® 34%c. Rve—No sales. Bariev—Sales 52®78c; Quotable. 46® 80c. Timothy—ss.so® 6. Clover Seed—sll ® 13.75 Cash Provisions—Lard. $4 80: loose. $4.57: leaf. $4.62: S. bellies. $5.75. ST. LOUIS CASH GRAIN By United Press ST. LOUIS. Dec 29.—Cash grain: Wheat —ln fair demand; nominally 2c lower; No. 2 red winter. 86t- nominal: No 3 red. smutty. 84%c: hard grades. 2c lower; No. 1 hard 85%c; No. 1 mixed. 85%c. Corn— In fair demand; I®l%C lower; No. 4 mixed, new’. 45c: No. 2 yellow, new. 47%® 48c: No. 3 veliow. new. 46* 2 ® 47c: No. 4 veliow. new. 44%c. Oats—ln fair demand: unchanged: No. 2 mixed. 35%c.

Bright Spots

By United Press American bureau of metal statistics reports United States November lead output was 38.459 tons, against 35,399 tons in October. Easy Washing Machine Corporation declares a dividend of 50 cents on common stock, first payment since July, 1930. Delaware & Hudson railroad earns November net income of $210,068. against deficit of $43,319 in November last year. American Water Works and Electric Company reports power output last week was 33,687,000 kilowatt hours, up 17 per cent from similar 1932 week. Arlington Mills declares dividend of $1 a share, first distribution since July. 1927.

Daily Price Index

Hj) United Print NEW YORK. Dec. 29 —Dun ic Bradstreets daily commodity Drice index of thirty commodities compiled for the United Press: <1930-1932 Average. 10C Todav 100 59 Yesterday 101.25 Week ago 99 87 Month aeo 100.01 Year ago 70.43 1933 high July 18 1 113.52 1933 Low i Jan. 20. 67 M Copyright. 1933, hi Dun & Bradstreet. Inc.

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GRAIN MARKET SLIPS DOWN ON WEAKSUPPORT Futures Drop 1 to Over 2 Cents as Sentiment Changes. BY HARMAN W. NICHOLS United Press Staff Correspondent CHICAGO. Dec 30— Local professionals switched to the selling side yesterday and found support lacking with grain prices on the Board of Trade falling nearly 2 cents from the previous finish at the extreme. At the close wheat futures were 2% to 2% cents lower, corn was I s * to 1% cents lower and oats was off 1 to 1% cents. After the selling movement had run its course trade in the aggregate was light with a fair recovery from the low on a moderate wave of buying toward the close. Country Receipts Light The world's wheat markets will be closed Monday and Liverpool will close both Saturday and Monday. This caused some evening up for the year-end holiday. More of this class of trading is expected tomorrow. On scattered selling and in sympathy with wheat, corn weakened and little attention was paid to the continued light receipts from the country. Cash interests were reported as being moderate buyers of futures early, but. the eastern shipping demand was not inactive. Oats and rye took their cues from other grains. Provisions were somewhat unsettled with lard rallying after an easy start. Scattered selling at the opening forced wheat prices lower and there was little disposition in the way of a rally during the first hour of trading. Local longs were believed to have turned to the selling side. Cash Market Active Predictions by leading brokers were that the market would remain generally dull until after the turn of the year. Liverpool was easy today. Tlie local cash price was 4 to 1 cent lower and receipts were four cars. Corn, followed wheat lower and remained below yesterday’s finish dur ng the early part of the session. About 40,000 bushels were sold in the cash market, but nothing was booked from the country. The cash price was unchanged to 1 cent lower and receipts amounted to 27 cars. Oats were fractionally lower in a very dull market. The cash price was unchanged to % cent lower and receipts were 14 cars. ANNOUNCEMENTS 1 Death Notices ELLIS, MARY A.—Wife of Joseph Ellis, died at St. Francis hospital. Dec. 28. Funeral Sa'urday. 10 a m from ROYSTER & ASKIN FUNERAL HOME. 1902 N Meridian st Burial Holy Cross cemetery. Friends invited. EVERETT, ANNA ENNIS—7B Years, widow of Harmon J. Everett, mother of Charles. H. J. and Paul E. Everett, grandmother of Charles T. Everett, died Friday, Dec. 29. 1933. at her home. 270 N. Tremont st. Funeral 10 30 a m.. Monday. Jan. I. 1934. at the HOCKENSMITH CHAPEL. 726 N. Illinois st. Friends invited. Interment Memorial Park. Friends may call after noon Saturday. EVANS, THOMAS E.—Age 76 years, husband of Mary P . and father of William P. and Miss Beatrice Evans of Indianapolis. and Mrs. C. C. Brinson of St. Petersburg. Fla . passed away Thursday evening Friends may call at the FLANNER & BUCHANAN MORTUARY Saturday evening Services at the Gobin Memorial Methodist church. Greencastle. Sunday. 2 p. m. Burial Forest Hill. MAC GILL, ROBERT A.—Husl and of Pearl Sebel Mac Gill, father of Robert A.. Jr , David Dunlop and Richard T. Mac Gill. passed away at the residence, 5260 N. Meridian st.. Friday morning. Service at. the FLANNER Sc BUCHANAN MORTUARY, Monday 2 p. m. Friends invited. Interment Rose Hill cemetery. Chicago. Tuesday OWENS, JOSEPH—Age 80 years Formerly of Bluffton, 0.. passed away Thursday. Dec. 28. 7 p. m Time of funeral given later. For information call FINN BRO3. FUNERAL HOME TA-1835. WALSH. RAYMOND—Husband of Mary Gaynor Walsh, died Wednesday Funeral Saturday. 2 p m., at the KIRBY MORTUARY, 1901 N. Meridian. Friends invited. WHITE. WILLIAM T—Husband of Mamie brother of Frank M. and Mrs. John h’ June of Indianapolis and Charlie G of Columbus. Ind.. passed away Sunday Dec. 24. at San Diego. Cal Time of services given later. Friends may call at the FLANNER & BUCHANAN MORTT7ARY Sunday. 3 Funeral Directors, Florists DO YOU KNOW that all sucerior appointments of our MORTURAY of Service, are available at LESS COST? Because of our large patronage and low overhead a funeral can be held here with all our fine facilities at a cost as low as any in Indianapolis. FLANNER & EUCHANAN 25 W. Fall Creek dr. TA-4400 vv. t.’blasengym 2226-23 Shelby St. Finn bros: ' Funeral Home 1639 N. Meridian St TA-1835 GRINSTEINER’S 522 E. Market RI-5374 HISEY & TITUS 957 N. Delaware LI-3828 E. E. TYNER 328 W. 30TH COURTEOUS & ECONOMICAL SERVICE. J. C. WILSON ’ 1230 Prospect. DR-0321-0322. 4 Lost and Found $5 REWARD—For information leading to finding black, white long haired dog; height approximately 2 ft.: white curling tail, white nose black ears. 1 split ' inch: lower center teeth missing; male. Bud." CH-2002 LOST—Black purse in Roosevelt bldg, restroom, sth floor. Keep money and return watch, valued as keepsake. No questions asked. DR-5119 LOST—Male fox terrier, near Trader'. Point, Dec 21. Face half black, white. Liberal reward S A 114 LOST—Black, white, wire-haired fox ferrier: also brown curly Irish terrier HU--8684 Reward. LOST—7-ton hydraulic jack on Meridian. near 38th st Reward CH-3256.

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