Indianapolis Times, Volume 47, Number 203, Indianapolis, Marion County, 2 November 1935 Edition 02 — Page 14

Trends Protective Groups Coming In for Attention. BY JOHN T. FLYNN Tim*. Special Writer NFAV YORK, Nov. 2.—The early history of the Nc w Deal seems so far away that it ) ( ficult to remember clearly. B. enerally ev'ry one can recall tne brave words about "driving the money changers out of the temple,” It was just about that time that American holders of foreign bonds

were feeling the lull force of the enormous losses they had sustained. Banking houses in America had sold to ill - informed investors billions of dollars of bonds of European, Asiatic, African and South American enterprises and governments. It

..

John Flynn

was a sorry tale and at the moment the bankers were in bad because of their practices. Neva rthelcss they had been quite busy in that racket which has come in for so much airing recently the bondholders’ committee racket. Immediately upon a default the bankers who had sold the issue:, rushed in to represent the bondholders. Whatever the facts were, Congress became convinced that the bondholders were not likely to get a very fair deal at the hands of the men who had sold them the tainted merchandise. a a a AN American Council of For- . eign Bondholders had been organized on the European model in lorn to represent bondholders in good faith and without connection of any kind with the bankers. But Congres., thought the representation should be under the sponsorship of the government. The American council, I believe, agreed with this and urged this course. Congress then passed Section II of the Securities Act of 1033 under which a foreign bondholders committee was authorized to be organized under Federal Trade Commission sponsorship, with $75,000 from the RFC to finance it. It was to come into being when the President thought it, necessary. The act provided, however, that any one connected directly or indirectly with the bankers should not have any connection with this committee. My next recollection of this was that Commissioner Stevens of the Federal Trade Commission was handling the matter. The next I heard was that Mr. Stevens had resigned rom the commission to become head of a foreign bondholders’ council, but not under Section 11. The President approved or at least did not object to the committee of the council. There were some very respectable persons on this committee. But there were also some bankers. At. the time I protested that this was not what Congress had in mind, that Section 11 was being permitted to die quietly. I understand that the independent council of foreign bondholders called attention to this also. a a u THEN the new bondholders group was forgotten. And now suddenly it comes out that they have been functioning quite merrily with funds being supplied by great banking houses of Now York and other places—J. P. Morgan & Cos., Kuhn, Locb <V Cos.. Dillon, Read & Cos., the Chase National Bank and a host of others. All this is brought to light by the SEC. Also the council is governed by an executive committee of five. They are Pierre Jay, chairman of the board of the Fiduciary Trust Cos. and former vice president of the Chnso National Bank; John C. Traphagen, president of the Bank of New York and Trust Cos.; Hendon Chubb of the Central Hanover and chairman of the U. S. Guaranty Cos.; Thomas D. Thatcher of Simpson, Thatcher <fc Bartlett, well-known Wall Street law firm, and Francis White, former assistant Secretary of State. Is this what Congress intended? (Copyright, 1935. nea Service, Inc.). On Commission Row Quotations below subject to change are • veiage wholesale prices being ottered to buyers bv local commission dealers Fruit Cranberries, early blacks, 25-lb. box $3 50 Tears —Michigan Bartletts I',; he! $2 25; Avocados, Florida box <2 25’ Ci ir a loupes—California Honev Dews $2.50; Casabas <2 25. Terstans, <2.; 2 25. Bananas hand' a pound. 5e Cranes—Michigan 12-qt bask: 35c. Persimmons—lndiana] , caH> - Apples Jonathans MISJI2S. Summer Rambos. V Delicious $150; Weolthvs $l- - Jrlmcs Golden $1 15. Lemons—Sunklst' ?' $7 50. Grapefruit —64s to 70s $3 75 I,:nie‘ Mexican a canon 12s. 20c. Persian seedless a hundred. $3 Vegetables-Beans, green, round stringless bin. $. 50. Beets—Home grown, doz. • oe. C nbbnge—New York. 50-lb. bag’. 7n\ Carrots-Home grown and Ohio. 30c; i.rw hulk, half bn . 65c Cauliflower-Colo-r.ido, l.s I.N crate, $175 Celery-MichU gan. washed and trimmed, extra large, f )umbe. do.- 45c Cucumbers—Hothouse. 2 doz box. $2 35 Kale—Home cmm. bu.. 50c Lettuce—lceberg CaliJorma, best, <4 .5; home grown leaf 15- ' h . kjsl'et. 60c Endive—Ohio, basket, taV Mj'wofs-.olifornla grown, crate. f* sniall basket, 40c. Mint Dn7 50c Mustard—Home grown, bu.. *>oc' Indiana VtoBfWK 1,1, M-lb b.g |l 40. Ear-icv Home train" PoF,toes rP N>Ti T 3^\°^ obb ‘r r lb. b e. $1 50; Michigan Round White' 100lb bag $1 30 Early Ohms, bu $1 40* If .iho Russets. $l9O. Sweet potatoes —lni 40 Radishes— Ohio b.ttons 2-dor baskets. 60c Sage-Dor 4.c Spinach—New Zealand, bu 65 c So-Msh B, $1 15-.ri.25 Turntps-New bu 90c bunch, doc 25c. Tomatoes* do’ f °6oc a ' repac ' ied 10-lb carton $1.15; ERt ITS AND VEGETABLES Mc C !n!J.4'. ,o rsh N e]' 75x*, nots. bushel. 25-, 35c Sweet pota toeJ il Tennessee, bushel. 75 a 80c Btsn. uL? ana bushel *1 504,2 Cabbage - eo^ol'lb hamu. ■ , a Cal!!or ™ a Bushel nmpr-.v $2w2.75. Tomatoes California Spinach Illinois bushel 351/ Lc* t uce npstprn cra* c** sh y *3 25-: 4 Cue imber ’ bushel-’ *3 s°■ ■ s Celery Michigan, crates 50 60c Pf‘-.s Michigan Knurrs <1 25'.ji so Cauliflower Michigan. crates 65c s Peppers California, crates *2 40®2!50 In listed Stock ‘By Blyth A- Cos) NEW \ORK BANK STOCKS Bid. Ask Bankers ... 58 59% Central Hanover B & T r,0% nj'| i Hi, Chemical National ,q-, - Guaranty 28P, 284>1 Irwng 14% Manufacturers 35% J6 -< National CD 32' 33 Cont 111 >Chicagoi Bo>, g ,, first Natl of Bo ton 42'. 44 * EIRE INSURANCE Aetna Ftre 54'. 56% Cits cf New York .new, 25’. 27’. Federal Ins 78% so Great American Ins 25’, 17 Hanover Eire Ins 355, JgC lUrtford Eire Ins 7g gg j'ome Insurance 335, 3S , ins Cos of N A 69'. 71% National Fire 70', 72'. North River Inaurance 25’, 371, Fhoefix Insurance B*’, son, U S F.re 51’, *3% Wesicbuier Fire 34*, jj*.

PAGE 14

STOCKS TREND LOWER AFTER EARLIER START General Motors, National Distillers Set New Highs for Year. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Nov. 2.—Stocks i turned down in the late dealings' today after a rise led by General j Motors and National Distillers, | both of which made new highs.j Trading was moderately active. | Traders bought General Motors] on belief that directors would order a substantial extra Monday. At the same time considerable profit-tak- ; ing -ame into Chrysler and it lost | about a point net. Auburn, weak ] Yesterday, was steadier. Motor I equipments were quieter. Enthusiasm for the automobile ; stocks appeared to have abated as the New York automobile show opened. The usual procedure is for profit-taking to develop when the show actually opens and hence today's irreguluarity was considered normal. Trading lightened when the market turned down and losses generally were small. Allied Chemical on a few sales lost a point. So did Greyhound. Western Union, Stone & Webster, Columbia Gas and the local tractions were the heavier losers with declines ranging to more than 2 points. Week in Review The stock market ran into selling, the early part of the week and then j came back sufficiently to wipe out j the losses. Trading continued ac- j tive. Automobile shares featured. Gen- : era! Motors and Chrysler both made new highs since 1929 and held a fair ! amount of gain. Then selling rie- , j veloped in some of the motors, i notably Auburn, in which a special , financing situation developed. Automobile equipment shares were in; demand with many of them rising i to new highs for the year or longer. Toward the end of the week buying became more selective. Rubber tiro shares were given a whirl when leading companies removed discounts set up in a price war. Case led a rise in the farm implements based on outlook for better farm buying. Steels slipped back, although they had several good sessions. Rails got nowhere. Utilities were better on earnings gains. Alcohols were up as the season for use of anti-freeze approached. Liquors made highs on outlook for a big Christmas business. Coppers resumed their rise in a big way, especially on Friday, when reports said Europeans were j heavy buyers. Business news was fairly good, al--1 though it gave a clew to a leveling off that is in process. Railroad car loadings declined to the disappointment of some traders, but a majority had anticipated the letdown because the grain movement is over. Steel operations made a small gain. Electricity output made anew high for all time. Automobile production increased. Call money rose to of 1 per cent and was the first change In a rate of 1 i of 1 per cent that had been in effect since April 18, last. The change did not indicate greater use of funds. It merely represented an attempt of New York bank.-, *o place their funds at a “living wage.” Wall Street anticipated a technical reaction shortly as the motors might meet selling after the New York show opens. They looked for a more selective market for the remainder of the year with traders concentrating on special situations. Monei/ and Exchange INDIANAPOLIS STATEMENT Clearings $ 3.205.000 Debits . 7,154.000 Clearings for the week 14.771.000 Debits for the week 35,794.000 TREASURY STATEMENT Ry Vnitcd Press WASHINGTON. Nov 2 —Government expenses and receipts for the current fiscal year to Oct. 31. as compared with a vear ngo: This Year. Last Year. Expenses $2,627,159,679.67 $2,254 024 173.17 Receipts . 1.233 899.703.45 1.213 783 743 39 Defirit . 1.393.259,976 22 1,040 240.429 78 Cash bat. 1.473.082.450 99 1.801.294.339 36 FOREIGN EXCHANGE Prev. Par. Country. Close Close. $8 2397 England $4.91% $4 91% 1.3933 Cannda 9900 .9884 .0633 France 0659 .0659 .0891 Italy 0811 .0812 .1695 Belgium 1685 .1685 .40.33 Germany 4025 4025 680.3 Holland 6799 .679.3 .3266 Spain 1386 .1366 .4537 Norway 2471 .2471 .4537 Denmark 2195 .2195 .3266 Switzerland 3251 .3251 Produce Markets The prices quoted below are paid for stock gathered In the country, while delivered in Indianapolis the price will be 1 cent higher: Heavy breed hens. 17c: Leghorn breed hens. 12c; springers, over 4 l j lbs.. 17c; under 4% lbs., 16c; old cocks. 9c; Leghorn broilers I l * lbs and up. 12c: Legnorn springers. 12c: ducks, white. 4 lbs. and up. -8c; geese, full feathered and fat. 4c: old guineas. 15c: vourg guineas, 1* a lbs. up 55c: No 1 strictiv fresh eggs, loss of 25c: pullet eggs. 18c. Each full case must weigh 55 lbs. gross, a deduction of 10c a pound under 55 lbs will be made. Butter. No 1. 31%®32%r: butterfat. No. 1. 26c: No. 2. 24c. Quoted (Bv United Press' CHICAGO. Nov. 2—Eggs—Market, firm: receipts. 1865 cases; fresh graded firsts. 28%r extra firsts. 29c: current receipts. 25 '</ 27 1 jc: dirties. 20 <; 23*aC: checks. 19',i 22%c Butter Market, steadv: receipts. 7514 tubs extra firsts (90-91%) 28%'i 28%c: extras i921, 28%r firsts tBB-89%i. 27'i)27- l ic: seconds ,86-87'j' 26c; specials. 29%m29% c: standards. 28'.c PoultryMarket. steady: receipts. 13 trucks: ducks. 154/17'ac: geese 15%c: spring chickens. 18 .i 19c; hens. 17’i20c; turkeys. 18'u23c; Leghorn hens. 11 1 Ac: old roosters. 15c. Cheese- Twins. 164i16’c Daisies. 16'2'u le’.c; Longhorns. 16';',il7c Potatoes— Supply moderate; for Russet Burbanks demand good, for northern stock demand light: market strong. Idaho Russet Burbanks. SIJOQ 1.90: Commercials. $1,35 9 1 60; Wisconsin round whites 90c: commercials. 85c: South Dakota Earlv Ohios. 80c: North Dakota Cobblers 95',i$l Red River Ohios. 95c'9$1; Colorado McClures. SI 1 50. CATTLE RECEIPTS SMALL October Figure at Chicago Lightest for Month Since 1932 7imcn Special CHICAGO. Nov. 2—Livestock receipts here during October amounted ;o 218,000 cattle. 40,000 calves. 306.000 hogs and 255.000 sheep, it was disclosed here today. The cattle supply was the smallest for the month since 1932 and with that exception the smallest since 1915. Hog receipts were the smallest for October since 1878 and the j sheep supply 4as the lightest for * the mouth in over 40 years.

Abreast of The Times on Finance

New York Stocks

Volume approximated 1,260,009 shares, compared with 1,150,000 shares last Saturday. Dow, Jones preliminary closing averages showed industrials 111.20, off .11; railroads 34.87, up .13; utilities 27.78, off .25. 'By Thomson & McKinnon) Prev. j Oils— High. Low. Close. Close. Amerada 75% 75% 75% 75% AM Rig 23’, 23% 23% 23% Barnsdail 10% 10% 10% 10 i Com of Del ... 24% 24% 24% 24',’ Hooston mew . 4% 4 4% 4 Mid Cont Pet ... 11% 11 li 14% Plymouth Oil ... 10% 10% 10% 10% Pure OH 12 11% 11% 12 Royal Dutch ... 46% 46 46 4;% Seaboard Oil ... 30% 30% 30% 30% Shell Un 12% 12 12% 12 Skellev Oil 16% 16% 16% 16% Soc Vac 12% 12 12 12% S O of Cal 37% 37% 37% 37% Sos Jrid 28 28 28 27% S O of N J . 48% 48% 48% 48% Tidewater Ann . 11 10% 11 11 Un Oil of C! .. 20'/ 20Vs 20% 20% Steels— Acme 72 72 ... 71 Am Roll Mills .. 29 28% 23% 28% Beth Steel ... 40% 4040 *O% Col Fuel & Iron 3% 3% 3% 3% I McKeesport Tin 125 124% 125 126 Mid Steel 23% 23% 23% 22% Natl Steel 75% 75% 75% 74% Otis Steel . - 16% , 15% 15% 15% Rep Iron & Steel 18% 18 18% 18% Rep Ir & St pfd 84 84 84 82% U S Pipe & Fdy 20% 19% 19% 20% U S Steel 47% 46% 46% 46% U S Steel pfd . 108 106% 106% . Warren Bros 4 3% 4 3% Youngs'wn S& T 30% 29% 30% 29% Motors— Chrysler 86% 85% 85% 86% Gen Motors .... 55% 54% 54% 54% Graham Mot ... 4 3% 3% 4 Hupp 3% 33% 3 Mack Truck .... 21 23% 23 , 24 Nash 17% 17% 17% 11% Packard 6% 6% 6% 6% Studebaker ... 7% 7% 7% 7% Yellow Truck ..7% 7 7% 6% Motor Access— Bendix 22% 22 22V. 22% Bohn Alum .... 4,% 47% 47% 47% Borg Warner ... 60% 60% 60% 60% Budd Mfg 7% 7 7% 7 Budd Wheel ... 9% 9% 9' 9% Eaton Mfg .... 29 28% 28% 28% Elec Auto Lite . 36% 36% 36% 36% Elec Stor Bat ... 51% 51% 51% 51% Houdaille "B".. 27% 27% 27% 27 Murray Body .. 19% 18% 18% 19% Stew Warner .. 17% 17% 17% 17% Timken Roll ... 63% 63 63% 62 Timken Det Axle 9% 3Vs 9% 9% Mining— Alaska Jun 14% 14% 14% 14 Am Metals 27% 27 27 27% Am Smelt 61% 61 61% 60% An ac p n da .... 22 21% 21% 21% Cal & Hecla -. . 5% 5% 5% 5% Cerro pe Pasco. 62% 61% 61% 61% Dome Mines ... 37% 37% 37% 37% Granby 13 12% 12% 12% Gt Nor Ore ... 14% 14 14 14 Howe Sound ... 53% 53 53% 53% Ins Copner 6% 6% 6% 6% Int Nickel . 32% 32% 32% 32’s Kennecott Con . 28% 27% 28% 27% Mclntyre Mine . 35% 35% 35% 35 Park Utah . .. 4% 4% 4% 4 Noranda Cod 25% 25 25% Vanadium 18% 18% 18V, 18% Amusements— Cioslev Radio .. 16% 16% 16% 16% Fox Theat 19% 19% 19% 19% Loews Inc 43% 48% 48% 48% Radio Corn 8% 7% 8 8 Paramount 9% 8% 8% 9% RKO 5 4% 4% 5 Tobaccos— Am Snuff 71% 71% 71% 71% Am Sum Tob 26% 26% 26% 26% Am Tobac 'B“ 104% 104 104% 104% Gen Cigars 54 54 54 53 Lie? At MV "B" 116% 116 116 116 Lorillard 26 26 26 26 Phillip Morris 57% 56 56 56% Revnlds Tob “E" 56% 56% 56% 56% Rails— Atchison ... 48% 47% 48% 48% Atl Coast Lines 25% 25% 25% 25% B & O . ... 14% 14% 14% 15 Can Pacific .... 9% 9 9% 9 Ch & Ohio . 45 44% 44% 45 Chi & Gt W .. . 1 1 1 C M & St P 1% 1% 1% 1 C M & St P pfd 1% 1% 1% 1% Chi N W 2% 2% 2% 2% Del Lac & W . .. 14*8 14% 14% 14% Erie lO'/s* 10 10 10 Erie nfd 13>4 13% 13V 13% Grt Northern pfd 27% 26% 27 26% 111 Centra! 15% 14% 15 15 Lehigh Valley... 8% 8% 8% 8% Lou & Nash . . 46% 46 46 46 N Y New Haven 32% 33 Norfolk & West 195 195 195 193% Nor Pacific 18% 17% 18% 17% Penn R R 27% 27 27 27% Reading 34 34 34 35 Sou Pac 18% 18 18*k 18% Sou R R 9% 9 9% 9% Union Pac ... 95 95 95 95% West Maryland. 7% 7% 7% 7% Equipments— Am Brake Shoe 36% 36% 38% 36 Am Loco ... 19% 18% 18% 18% Am Steel Fdv . 20% 21% 20% 20% Bald Loco . . 3% 33% 3% Gen Am Tank C 43 42% 42”, 42V4 Gen Elec . 36 35% 35% 36 Gen R R Sig . . 35% ,35 35% 35 Pullman Inc ... 37 36% 36% 37% West Air Br 28% 27% 28 27% Utilities— Am & For Pwr 7 6% 6% 6% Am Power & Lit 8% 7% 7% 8 AT&T ... 145% 144 145 145 Am Wat Wks 19% 18% 18% 19 Col Gas At Elec 15% 14 14% 15% Comm & Sou-.. 2% 2% 2% 2% Consol Gas . 30% 29% 29% 29% Elec Pwr & Lit. 6 5% 5% 5% Int Hydro Elec . 3% 3% 3% 3% Interboro RT .. 21% 20 20% 22% Int TANARUS& T . . 10% 10% 10% 10% Lou G& E -A’.. 20% 19% 19% 20 Nat, Pwr & Lit . 10% 10*, 10% 10% North Amer 25% 24% 25 25% Pac G& E 29 28% 28% 28% Peoples Gas 37% 37 37 38 Pub Serv N J ... 44% 44 44% 441So Cal Edison... 26 25% 25% 25% Std Gas 5 4% 4% 5 Stone & Webster 14% 13% 13% 14% United Corp 6% 5% 5% 6 Un Gas Imp . 17% 17 17 17% Ut Pwr &Lt 'A'. 2% 2% 2% 2% Western Union.. 63*g 62% 62% 63 Rubbers— Firestone 16% 16% 16% 16% Goodrich 11% 11% 11% n% Goodyear 21% 20% 20% 20% U S Rubber . 15% 14% 14% 15 I U S Rubber pfd 39% 33% 39 39% Miscellaneous— Allis Chalmers 36% , 35% 35% 36% Am Can 144 143% 144 143% Am Mach &• Fdy 29 28% 29 28% Anchor Cap . 16 15% 15% 157Brklyn Man Tr . 44’, 42’, 43 ‘ 44s* Burroughs Add 25% 25% 25% 25% i 1 Case 105% 103% 104% 105% Conti Can 94’, 94% 94% 94 Caterpillar Tract 55% 56% 56% 56% Crown Cork .... 45% 43% 451, 433. Curtis Pub 18% 18% 18% 18% Deere &- Cos 57 55% 55% 56 Eastman Kodak 167 166 166% 166% Foster Wheeler . L3% 22% 22% 21% Gillette 17 16% 16% 17 Ghdden . 37% 37% 37% 37% Ingersoll Rand 118 118 118 114 Int IMS Mach ..180’, 180% 180% 182 [lnter Harv .. 58% 57% 57’, 58% Natl Cash Reg 19% 18% 19% 18% Owens Bottle ...125% 125 125 124% Rem Rand 14% 14% 14% 14.1. Underwood E 81% 80% 81% 80% Worthington Pm 22 21% 21% 21% Foods— Armour ........ 4% 4% 4% 4% Armour 6% pfd 65*, 65% 65% 65 Beatrice Cream. 16% 16% 16', 16 Borden Prod ... 26 25% 26 25% Cal Packing ... 36% 36 36% 35", Can Dry G Ale 14% 14 14% 14% Coca-Cola .275’, 275’, 275’, 276 Cont Bak “A"... 8% 8% 8% 8 Corn Prod ... 69% 68% 68% 69% Crm of Wheat . 37’, 37’, 37% 373, Cuban Am Sugar 6% 6% 6% 6% Gen Baking 12% 12 12% 12 Gen Foods 33 32% 33 33% Gold Dust 17 16’, 16’* 17 G W Sugar 23% 29% 29% 091. Hershev 76% 76 76 77 Loose Wiles .... 38% 38% 38% 331. Natl Biscuit .... 36 35% 35% 35 ; Natl D Prod 17% 17% 17% 17% Purity Bak 16% 16% 16% 16% ? Porto Rico Sug 25% 35% 25% 25% Std Brands .... 15% 15 15% 15 Un Biscuit 2i' 2 24* 4 24 4 *>4 United Fruit ... 69 68’ 2 69 68 3 B Retail Stores— As:,d Dry Goods 16 15% 15% is Btst &• Cos 54 s * 54% 54 s * 54% F'rst Natl Stores 48 48 48 47% 1 Gimbel Bros ... 7 6’, 6’, fi'i : Allied Sts 7’, 7% 7% 7% ! T p a 55 55 55 55 Kresge S S .... 27% 27% 27% 27% Kroger Gfoc ... 27% 27 Macv R H .... 53% 53% 53% 53% McCrorv St ... 11% n% ip, M CL *k ,5 13 ' J 13,5 13 '* IV Marshall Feld . 12% 12% 12% 12% Mav Dent St ... 53% 53% 53% 53% Mont Ward . 34% 33% 33% 34 Penney J C 80 79% 79s s p Safewav St 34% 34 3* 36 Sears Roebuck . 60 59% 59% 59% j Woolworth ... 58’* 58% 58’* 59 i Aviation—- ' Aviation Coro .. 3% 3% 3% 3% Boeing Aircft 13’* 12% 12’, 13’* | Curtiss Wright 2', 2’, 2% 2’, Curt Wr.ght A" 8 8 8 8% Douglas Air . 33% 32% 32', 33% I Nor Am Av 4 4 4 4 Snerrv Corn 12 11% ll’, 11% ! Un Aircraft New 20% 19 s * 19’, 19% i Chemicals—i Air Reduction . 166% 166 1 66% 164% Allied Chem 163% 163 163 164 lAm Com Alcohol 35’, 34 34% 34% 1 Cos! Carbon 99 98 98% 97*, Com Solvents 18’, 18% 18% 18% Du Pont 137% 135% 137% 135% Freeport Tex 29', 29% 29 s * 29% L’outd Carb . 36% 35 35 35% Math Alkali 32** 32% 32% 32% Monsanto Chem 92 90% 92 93 Natl Dis 1 new 1 34% 33% 34 32% Schenlev Dis’ 56% 54’* 55% 54% Tex Gulf Suloh 32', 32 32 32 Union Carbide 70’, 70% 70*, 70% U S tad Alcohoft 47% 46% 46’ 46%

INDIANAPOLIS, SATURDAY, NOVEMBER 2, 1935

Drugs— Bristol Mvers .. 41% 41 41 41% Cotv Inc . 6% s’, 8. Lehn fc Fink 12% 12% 12% 13% Sterling Prod .67 67 61 6, Un Drug 'newi 10’* 10% 10’* 10’* Vick Chem . . 40% 40% 40% 40% Zonite Prod ... 5% 5% 5% 5% Financial— Adams Exp ..... 9% S’, 9% 8% Am Int Corp ... 9% 9% 9% 9% Chesa Corp ... 45 45 45 45% Lehman Corp .. 92’, 92 92 92% Transamcrica . . 9’, 9 s * 9’, 9■* Tr Conti Corp . 7 6% 7 7 Building— Am Radiator ... 18 17% 17’* 18 Gen Asphalt 19’* 19% 19% 19% Holland Furnace 25% 24% 24% 25% Int Cement 32% 32 32 32’* Johns Manville 88 86% 87 87 Libby Owens C-ls 47% 46% 47% 47 Otis Elev 20% 20% 20% 20 U S Q.vpsum 84% 84% 84% 84% Ulen Cons 5V* 4’, 5 5% Household— Col Pal Peet 38% 18% 18% 18% Congoleum 40% 40% 40% 40% Kelvinator .. 13% 13% 13% 13% Mohawk Carpet. 21% 21% 21% 21% Proc <fc Gamble. 50’, 50% 50% 50% Servel Inc 11% 11 11 11% Simmons Bed .. 18% 18% 18% 18% Textiles— Amer Woolen .. 9% 9% 9% 9% Belding Hem .. 13% 13% 13% 13% Celanese Coro .. 29’, 29** 20% 29% Collins Aikman. 40% 4040% 40% Gotham Hose... 8% 8% 8% 8% Indus Rayon ... 34 34 34 34 Real SUk 9% 9% 9% 9% N. Y. Bonds DAILY BOND INDEX 20 20 20 60 Inds. Rails. Utils. Bonds. Today 90.4 x 78.9 102.0 90.5 Yesterday 90.3 79 0 102 0 90.4 Week ago 90.1 79 5 101.7 90.5 Month ago 89.6 78.4 100.1 89.4 1935 high 90.3 86.4 102.0 50.9 1935 low 83.6 71.0 89.3 83.0 x—New high. (Copyright, 1935, by Standard Statistics) U. S. GOVERNMENT BONDS (By Abbott, Proctor & Paine) Treasurys Prev. Close. close. 4%s 1943-45 115.1 114.30 3 3 4o 1946-56 109.1 108.29 3%s 1943-47 106.11 106.10 3%s 1941-43 107.14 107.10 3%s 1943-45 105.6 105.2 3%s 1941 107.27 107.26 3%s 1944-46 104.29 104.28 3%s 1946-49 109.24 103.18 3%s 1940-52 103.18 103.15 3s 1951-53 102 29 102.29 3s 1946-48 102 23 102.24 2'eS 1955-60 100.6 100.8 2%s 1955-57 100.29 100.29 Home Owners Loan Corp. 2%s 1949 ... 99.28 99.2 3s 1952 101 100.31 Federal Farm Mortgage Corp 3ji 1947 102.24 102.21 3s 1947 100.28 100.30 DOMESTIC Prev. ... _ .... Close, close. Alleg Corp 5s 44 77% 77% Alleg Corp 5s V 49 68 68 Am Frgn Pow 5s 2030 72% 72% Am Tel & Tel 5%s '43 113% 113% Am Tel & Tel 5s '65 114 113% Arm &Cos (Deli 5%s '43. 95% 95% Atl Coast Line 4s ’52 94 94% Atch Top & S Fe 4%s '4B 103 108% Am Wat Wks 5s '44 109*, 109% Am Rolling Mills 5s '3B 118% 119% Balt & Ohio 5s '95 71% 72 Balt & Ohio 6s ’95 81% 81*1 Balt & Ohio 4%s ’6O 55% 55% Beth Steel 5s '36 . 102% 102% Chi Milw &StP 5s ’75 ...... 10% 10% C’hi Milw & St P 5s 2000. 4 4 C eve Un Term 5s '73 99% 9914 Cleve Un Term 4%s ’77 90% 90% Col Gas 5s Mav ’o2 98’i 90' 2 Col Gas 5s April ’52 98% 99 Col Gas 5s 61 97% 97a', Can Pac Perp 4s 84% 84% Cent Pac 5s 60 84% 84% Big Four 4%s ’77 72% 72% Colorado & So 4%s ’BO 50 51% £ni & West Ind 4s ’52 97% 971* ¥ Vest Ind 5 ' 2S 62 10 57 s 106 Chi & Nor West 4%s ‘49 8% 8% Con Gas 5s 57 104% 104% Erie 5^ 0 ’75 55 ..’ 38 ; " * Brie 5s ’67 .Y.Y..Y.Y 66 % 66% Grt Northern 7s ’36 102% 102 Grt Northern 4%s ’77 92% 92 Gen Stl Cast WW 5%s ’49 ... 82 82 Hi rpm^a nh 'L ßef 5S ' 57 83 ’i 83,: * 111 Cent 4 3 4 s 66 fi*? •> SI ?.' 2S ' 63 56% 56% 111 Cent 5s 63 60% 4Q 5 0 Interlake C&I 5s ’sl 76% 76 Interntl Hy Elec 6s ’44 441“ 4314 Interntl Tel & Tel 4%s '39 ... 78% 78% Interntl Tel & Tel 5s ’55 .... 73% 72% Tel & Tel 4%s ’52 ... 68% 67% McKess & Rob 5 J 2S 50 102 , 2 102 3 & Midvale Stl ’36 . .. ? .!!!!!!! 101 101% Natl Dairy 5’4S ’4B 104 , 4 104*4 Natl Steel 5s '56 106*, 106 Nickel Plate 4%S ’7B ...YYYYY. n 60*. Nickel Plate 5%s ’74 71 70% Nickel Plate 6s ’35 62 63% N Y Cent 5s 2013 "i;;: 74 74% N Y Cent 4%s 2013 (old) 69 69% Nor Amer Cos 5s ’6l 102 102 Nor Pac 4%s 2047 84 8.3% Nor Pac 6s 2047 98% qq Otis Steel 6s ’4l 100% 100’, Penn Rv 4%s 'B4 104% 104% Penn Ry 4',s 'Bl 104’, 104% Penn Ry 4%s '7O 96% 96% Pac G At E 5s 42 105% 105’, Portland Gen El 4%s '6O 71% 71% Para Publix 5%s ’SO 90% qi Penn P & L 4%s 'Bl 106" 106 PostaJ Tel & Cab 5s '53 32% 34 Rem Rand W W 5%s '47 ....104% 104% Sou Pac 4%S ’6B ...; 73% 73% Sou Pac 4%s 'Bl 73% 73 Sou Pac 4%s '69 73% 73 Sou Rail 4s ’56 42 s * 42% Sou Rail 6s -56 53 53 Sou Rail 6%s 56 56 56 Texas Pac 5s 'BO 90% 91 Texas Pac 5s '79 90% 90% Texas Pas 5s ’77 91’* 91% Union Pac 4s '47 11l 110’, United Drug 5s '53 92% 91% U S Rubber 5s '47 99% 99% NYN H & Hart 6s '4B 27% 28*, NYN H& H Hart 4%s '67 ... 27% 27** Warner Bros 6s '39 83% 83*4 Western Marv 5%s '77 104% 105 Western Marv 4s '52 96% 96% Youngstown S & T 5s '7O .. .100 1001, Youngstown S & T 5s ’7B —IOO 100 FOREIGN Argentina A 6s ’57 97 97 Argentine B 6s ’SB 97% 96’, Canadian Govt 4s 60 105% 101*4 Denmark 5%s ’55 100 100 French 7s 49 176 175 German 5%s ’65 32 33% German 7s 49 41% 41’, Italv 7s ’sl 60% 60% Japan 6%s '54 98'i 97% Poland 7s '47 103 103 Rome 6%s '52 51 % 51 Yokohama 6s '6l 86 85% Chicago Stocks Prev. Close, close. Butler Bros 7% 7% Castle AM 42 41 Cities Service 2% 2% Commonwealth Edison 97 96% Cord Corp 6 3% Crane Cos 22% 21% Electric Household 18% 18% Iron Fireman 25% 25% Lynch C’orp 35 37 Noblitt-Sparks Indus Inc .... 31% 30% Public Service 53 53 Swift & Cos 19% 19 Zenith Radio 11 10% New York Curb <Bv Abbott. Proctor & Paine) , Prev. Close, close. Allied Mills 19% 19 Alumn Cos .•* Am 83’, 82 Am Cvanide "B'' 26’, 26% Am Gas &- Dlec 39% 39’, Am Superpower 2% 2% Art Metal 11 11 Atlas Corp 12% 12’* Axton Fisher Tob 55 54% Carrier Corn 11 10% Cities Service 2 s * 2% Commonwealth Edison 97% 97% Consol Gas of Balt 87 85% Cord Corn 4 4 Creole Petrol 21% 21’* Crown Cork Inti 11 11% Dcre Cos 55% 56 Distillers Com 33 2 33% Dow Chemical 102% 102 El Bond <fe Share If, I§’ Fisk Rubber 6% 7 , Ford of Can “A'* 27% 28-* Ford of Europe 8% ■ Glen Aider. Coal 19% 19% Gulf Oil of Pa 6 ( Hollinger Mines 13% Humble Oil 6 0' Imperial Oil Ltd fj, • , Hudson Bav Min i§% 18% Int Patrol ■*'% ... Lake Shore Min 46% 48 2 Libbv McN Libbv 8% 8 s Lone Star Gas *<?; • . Long Island Lighting .5 J Newmont Min 6 1,’ N:a Hud Pwr 9’* ,9,a Novadel Acene J" * * Pan Am Airways 39_, 39 Penn Road i," s, St of Kv 21 -1% Technicolor Ind 18 ’ % 4 Teck Hughes Gold ’ Un Pwr <fe Lt "A" 2,’ • Wright Hargraves Mm 1 , * * Daily Price Index (By United Presst NEW YORK. Nov. 2.—Dun & Bradstreet's daily weighted price index 01 so basic commodities, compiled tor the Uni.ed Press. >1930-1932 average IwD —Today 119.71 t Vesterday ... 121.06 Year ago 115.30 , Week ago . . 123 16 1935 high .. .. 124 83 1 Month ago 124 83 1935 low 116.22 (.Copyright, 1935, Dun U Brads treat, lac.j

FRAZIER-LEMKE INFLATION BILL BEINHPEEDED Measure for Mortgage Refinancing May Be Forced to Early House Vote. Ry I n’trrt Freni* WASHINGTON, Nov. 2 Con- ' gressional supporters of the Frazier- | Lemke farm mortgage refinancing bill predicted today that the battle j for currency inflation would be! fought on that issue next session rather than on the soldiers’ bonus. Democratic and Republican House leaders forecast that the $3,000,000, 000 inflation-refinancing measure would be forced to a House vote shortly after Congress meets. Rep. William Lemke <R., N. D.) has been active for weeks in at- j tempting to line up sufficient votes j to force direct House action. A vote-forcing petition requiring 218 ; signatures now lacks but 11 names. 59,000,000,000 Invoved The Frazier-Lemke bill provides for long-term refinancing of the country’s entire $9,000,000,000 farm mortgage burden through issuance of new currency. Supporters of the plan predict, however, that only $3,000,000,000 in “greenbacks” will be necessary, utilized as a sort cf revolving fund. If the bill is forced to a vote over Administration objections, leaders agree that it will pass the House. Its Senate fate is more doubtful although the election year situation will make it a difficult measure to vote against. More than 30 state Legislatures have memorialized Congress in the last year to act on it. Mobilization Seen With signs pointing to a bonus measure stripped of currency expansion, congressional inflationists are expected to center their fight on the refinancing bill. The American Legion’s failure to back the Patman inflation-bonus bill is expected to swing sufficient support behind the Legion bonus measure to kill off the Patman legislation. The Patman bill passed the House last session but a swing of three votes would have substituted for it the Vinson Legion bill with its lack of inflation tinge. If Frazier-Lemcke bill supporters in the House succeed in getting 11 more Representatives to sign the vote-forcing petition a week after Congress meets, a vote on the measure is automatic on Jan. 13. Commodity Prices (By Abbott. Proctor & Paine) NEW YORK COTTON Prev. High. Low. Close, close. January 10.90 10.86 10.86 10.89 March 10 87 10 80 10.80 10.86 May 10.87 10.80 10.80 10.86 July 10.83 10 87 10.78 10.80 October 10 66 10 62 10.62 10.60 December .. 11.03 10.95 10.95 11 02 Spot, 11.35; off 5. NEW ORLEANS March 10.87 10.82 10.82 10.91 May 10.85 10.79 10.79 10.85 I July 10.81 10.77 10.77 10.84 October 10.65 10.62 10.62 10.67 December . 11.03 10.96 10.97 11.06 Spot 11.38, off 7. SUGAR January 2.19 2.18 2.18 2.20 March 2.20 2.18 2.18 2.18 Mav 2.24 2.23 2.23 2.23 July 2 29 2.29 2.29 September ... 2.33 2.33 2.33 December ... 2.48 2.48 2.48 2.49 NEW YORK COTTONSEED OIL Prev. High. Low. Close. Close. January 10.19 10.19 10.19 March 10.25 10.25 10.25 10.29 May 10.32 10.30 10.30 10 33 December 10.17 10.17 10.17 10.22 BUTTER Prev. Close. Close. November 28% .28% December 28% .28% EGGS Prev. Close. Close. November 23 s * .23’* December 23% .23’* GOLD, SILVER INFLOW DECLINES FOR WEEK Yellow Metal Imports $35,374,808, Against $122,592,952. By L'nitrd Press WASHINGTON, Nov. 2—A drop in gold imports to the United S’ates and a sharp curtailment of government foreign silver purchases was shown today in Department of Commerce figures for the week ended Oct. 25. In this period silver imports largely representing government purchases fell to $3,943,413 from $14,764.911 in the preceding week. A lessened financial strain abroad ! was shown in a decreased flow of gold to the United States. Gold imports in the week fell to $35,374,808 from $122,592,953 in the preceding week. Os the $3,943,413 silver imports in the week ended Oct. 25, $2,203,800 came from the United Kingdom; $966,481 from Mexico; $274,314 from Peru and $242,783 from Canada. BUILDING OFF IN WEEK Awards, However, Higher Than Average Week to Date. Times Special NEW YORK, Nov 2.—Engineering awards last week totaled $28,329.000, a drop from the preceding week's record volume, but higher than the average week to date, according to Engineering News-Rec-erd today. The total is made up of: Private j $8,768,000 and public, $19,561,000. of which $4,250,000 is Federal and $15,311,000 state and municipal. Corresponding figures a year ago were: Total, $39,922,000; private, $5,815,000; public, $34,107,000; Federal, $4,966,000. and state and municipal, $29,141,000. LOADINGS SHOW DROP Decrease of 25,121 Cars Reported Oct. 25 Week. By l'nitrd Press WASHINGTON, Nov. 1. The American Association of Railroads announced carloadings for the week ended Oct. 25 totaled 707,826 cars, a decrease of 25.121 below the preceding week and 83,018 above the same week in 1934. Miscellaneous freight loadings totaled 285.378 cars or 12.455 below the preceding week but 41.255 above tlie corr*vponding week last year.

National Spending Spree Advocated in New Book as Avenue to Prosperity Teachings of Thrift and Saving Discarded by David Cushman Coyle, Former Official of Public Works Administration. By United Press WASHINGTON, Nov. 2.—A national spending spree was advocated today by David Cushman Coyle, author, lecturer and economist, as a means of attaining permanent prosperity. Teachings of thrift and saving were discarded in his book, “Brass Tacks.” published by the National Home Library. The more we spend the more we ll have, Mr. Coyle contended. “Saving for a rainy day only makes it rain.” is one of the economic theories advanced in the book, which was written while the author was a member of the New Deal Resettlement Board of Review. The adage that “Y’ou can t eat your cake and have it too" is just so much “poppycock” to Coyle. We

can have more only by spending more, he claimed. Resigned Federal Tost Mr. Coyle came to Washington in 1933 as an official of the Public Works Administration. He resigned his government connections a few days before publication of this book. In 1933 he published “The Irrepressible Conflict—Business vs. Finance.” The problem today, he contended in his new book, is one of consumption; and hence of spending—“We have come to a time when the insistent demand is not for capital, nor for labor, but for buyers to carry away the goods.” Technological employment is the only means by which tha millions thrown out of work by mass methods of production can find a place in the new social system, he said. Millions who once worked in production will never see factory or farm jobs again, he added. The 1929 crash and subsequent depression was caused, not by spending and extravagance, Coyle contended, but by putting savings into a “lot of overbuilding and the bankrupt mills and apartment houses that now stand out like a lot of sore thumbs all over the landscape.” Bought Blue Sky “Some of the bankers think the era was an age of thrift. Never before did we save so much, nor buy so much of the blue sky.” Mr. Coyle contended that “if we can increase our rate of spending and cut down the rate of savings, the amount of business failure will be diminished.” He estimated the depression had cost the United States more than $40,000,000,000 a year since 1929. If the government could get us out of the depression and keep us out by spending anywhere up to that amount annually “until doomsday” it would be cheap, Coyle said. Mr. Coyle would have the government raise the billions of dollars are needed for such spending through imposing heavy income taxes. The money would be spent, according to his theory, for “services” rather than on production for consumption efforts. Local Livestock HOGS Oct. Bulk. Top. Receipts. 28. S9.SO® 9.70 $9.70 6000 29. 9.55(a} 9.65 9.70 5000 30. 9.50® 9.60 9.65 4500 31. 9.40@ 9.50 9.50 4000 Nov. 1* 9.40® 9.50 9.50 4000 2. 9.30® 9.40 9.45 1200 Light lights. (140-160) Good and choice ..$8.85® 9.25 Medium B.lo® 9.00 Lightweights. 1160-180) Good and choice ... 9.25® 9.35 Medium 8.75® 9.25 (180-200) Good and choice ... 9:30® 9.40 Medium 8.70® 9.25 Medium Weights. (200-2201 Good and choice ... 9.35® 9.45 (220-2501 Good ana ciioice ... 9.30® 9.40 Heavyweights. (250-290) Good and choice ... 9.25® 9.35 (290-3501 Good and choice ... 9.05® 9.25 Packing sows. (275-350) Good 8.50® 8.75 (350-475) Good 8.35® 8.60 (425-450) Good B.oo® 8.50 (275-450) Medium 7.75® 8.25 Slaughter pigs. (100-140) Good and choice ... 8.50® 9.00 Medium 7.75® 8.75 CATTLE —Receipts, 100— (500-900) Choice $10.25® 11.50 Good 8 75® 11.00 Medium 7 00® 9.00 Common 5.00® 7.00 (900-1100) Choice 31 25® 12.25 Good 9 25® 11.50 Medium 7 25® 9 25 Common 5.25® 7.25 (1100-1300) Choice 11.75® 12.75 Good 9.75® 11.75 Medium 7 25® 9 75 (13001500) Choice 11.75®12.75 Good 9.75® 11 75 neifers (500-750) Choice 9 25®10 25 Good 7.75® 9 25 Common and medium 4.25® 7.75 (750-900) Good and choice ... 8 25®10.50 Common and medium 4 50® 8.25 Cows Good 5 25® 6.25 Common and medium 4,25® 5.25 Low cutter and cutter 3 00® 4.25 Dulls, good 5.50® 6.00 Cutter, com. and med. bulls... 4.00® 5.50 VEALERS —Receipts, 200— Good and choice $10.00®11,00 Medium B.oo® 10.00 Cull and common 5.00® 8 00 Calves (250-500) Good and choice .. 7 00® 950 Common ants medium 4.00® 7.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice ... 6 75® 8.75 Common and medium 4.50® 6.75 (800-1050) Good and choice .. 7.00® 8.75 Common and medium 4 50® 7 00 Good 4.00® 4.75 Common and medium 3.50® 4.00 SHEEP AND LAMBS —Receipts, 100— Lambs. 90 lbs. flown, good and choice 8.75® 9.50 Medium 7.00® 7.75 Ewes. (90-125' Good and choice ... 4.00® 5.00 All weights, common and medium 3.50® 4 50 (120-150) Good and choice ... 3 00® 4.00 REPORTS SHARP GAIN Times Special NEW YORK, Nov. 2.—The report of Fidelity Fund. Inc., for the September quarter shows that unrealized appreciation of securities increased $303,470 to $377,854.

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Busigraphs AUTOMOBILE PRODUCTION IN the united states (U. S. JEPT. OT COMMENCE) eOO T DOTTEI* UNF L< THE PV'T | TEN YEARS AVERAGE Os THE SAME MONTHS 3*oo ■ ——— o yt,?/ 1200 —\EL i v/’7\_xe y/V/Y/V/y V/%y, SONDJFMAMJJAS 1934 I 1935 The CARK£q COBR GENERAL DISTRIBUTORS INCORPORATED investors Twenty-three per cent more motor vehicles were manufactured in the nine months cf this year than in the same 1935 period. The drop in September was due to preparation for the new 1936 models, which are now appearing, .two .months earlier than usual. SWINE STEADY AS WEEK ENDS Few Changes Seen in Sheep and Cattle Market for 7-Day Period. Hog prices held steady at the city yards this morning, the undertone showing a strong trend. Weights of 160 to 275 pounds sold Tor $9.30 to $9.40 with a quotable top of $9.45. For 275 pounds up, prices were quoted at $8.95 to $9.25; 120 to 160 pounds, $8.85 to $9.25; lighter pigs brought $8.60 to $8.75. Packing sows sold for SB.OO to $8.75. Swine receipts were 1200. Holdovers were 52. Cattle were steady as regards beef steers, with prices 25 cents lower after a mid-week rise. Top for steers was $12.65. Lightweights sold to $12.50; yearlings, sl2. Bulk of all weights ranged from $9.25 to $12.50. Low grade killers brought $6.50 to $8.75; good and choice heifers. $9.00 to $10.50, others $5.25 to $8.50. Beef cows ranged at $4.50 to $6, odd head at $7. Low cuters and cutters brought $3.00 to $4.25; bulls, $4.25 to $6.00. Vealers were steady, good and choice kinds going at $10.50 to sll. Cattle receipts were 100; calves, 200. No sheep market on Saturday. Fat lambs were little changed compared with Friday, a week ago.. Better grade ewe and wethers bulked $8.55 to SIO.OO for the week. The close was in a range from $9.50 down. Slaughter sheep were $1 higher for the week. Bulk in this class sold for $2.00 to $5.00. Receipts were 100. CENSUS OF BUSINESS TO START IN JANUARY Secretary of Commerce Roper Announces Date for Program. By United Press WASHINGTON, Nov. 2.—The Department of Commerce will begin its 1935 census of business early in January, Secretary Daniel C. Roper ! said today. The census, covering ever yline of business, will seek to provide a national picture of the volume of business, persons employed and wages paid. Meanwhile, the department reported it had completed transfer of 2815 volumes of records on the j population of 1990 to St. Louis 1 where an alphabetical index of the j 75,994,575 names will be compiled.J

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UNEVEN TREND RULES WHEAT. INTEREST LIGHT Principal Grain Opens Steady but Scattered Selling Causes Dip. By United Press CHICAGO. Nov. 2.—An air of uncertainty prevailed in the wheat pit today as prices continued to fluctuate erratically on the Board of Trade. At the end wheat was ’* cent lower to % cent higher, corn was unchanged to 1 s cent lower, and oats were off % cent. Wheat futures opened steady but scattered selling soon depressed the market. Fair support appeared in the May delivery on the dip. however. and a moderate buying movement got under way to lift the December contract from the day s low levels. Short covering was back of the advance in the nearby months. There was a good demand for December from cash houses. The upturn came in the face of a draggy tone in Winnipeg and all domestic markets. Some local traders continued to prefer a side line course as uncertainty still clouded the Canadian wheat situation. Argentine cables reported continued hot weather, which was regarded as unfavorable for the crop without adequate moisture. Continued cold weather was predicted for the American wheat belt. Corn prices turned lower early, but short I covering and scattered commission house buying brought some recovery from the day’s low points. Part of the early selling was induced by the weekly forecast for cool weather with little precipitation. The lower basis in the cash market also had some effect. Trade in oats was light. Some selling was prompted by the decline in corn prices early, but commission houses absorbed the offerings on resting orders. Rye was unsettled and featureless. Frf* v. Wheat— Hich. Low. Close, close. Pfc 98% .97% .98% .97% Mav 98% .97 .97% .97% July 90% „ .89% .89’, .83% Corn—Mav 88% .47% 48% .58% July 59% .58% .59% .59% Oats— Mav:::::::: :Ig*r iT< •"& 28% .28% :“2l% B ;il>, R.ve — P, ec 50% .50 ,50%A 50% 3JSJ 52 % .51% ,52%A .52% Barley— DC , C ' %B ,4i> 4 Lard— ? a e ® J? 20 12 20 12 2 °A 12 25 M™, } 11.95 11.95 12 05 A—Asked. m-V" 11803 1180 CHICAGO PRIMARY RECEIPTS - Bushels— ™ V ' ol\ n s :::::::::::::::: f&ggg IgfSßg LOCAL CASH MARKET cents and oatsSY cem. rn N °' 2 yeIIoW 68 81 C ”ou C eh G °s 3 red Oin. mC, nPU No. 3 Yellow 60* new. No 4 yellow. 59r- new No % void No'' 5 5 whqslV 3 white.* 60%c: * nVw? VqV- -. wh . lt;e - 55%f15(c: sample now. 43® 52 old. 55c. Oats -No. 3 white 29® 8 Kr 2C ' N°' 4 white. 26',%26'r; sample ’o’ Ao r •?/! -'ales Bariev Fcrrl Quoted 3 S ’ 4fi o. maltine 45®80c Timothv_ Seed s2.ao 2 90: Cloversrcd All 50./7 15 75 Soy beans- No. 2 yellow. 79%c- No 3 yellow „ Cash , nrovislons - J.ard, sl4 ask: loose! $17"87 ask’ C: ° af $3- nomi nal: beUie* .TOLEDO. Nov. ?—ln rieva tors—Trans.t biiline: Wheat, No 2 red. slol'Olo2 Corn—No. 2 vellow 6569 r Oet.s—No 3 white. 33%'b 34’ e. Rve No 2 5K%'„ 57%c. Track nriees 24%r rate Wheat No. 2 red 95' .if/97c- No 2 red 93'7/95%r Corn —No. 2 vellow. on%f 61',c No 3 veii low. 58% ft 60' -r. Oats—No 2 white. 30® 32e: No, 3 white. 26%0/30%c Produ-e Butter Kxtra. 1-lb. Drints 33c. Eccs— Extras. 30V)31c. GASOLINE AWARD MADE Times Special CHICAGO. Nov. 2.—United Air Lines and Transport has awarded to the Standard Oil Cos. of Ohio a contract for the delivery of 1,000.000 gallons of gasoline to its airplanes at the Cleveland airport in 1936.

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