Indianapolis Times, Indianapolis, Marion County, 23 October 1937 — Page 11

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SATURDAY, OCT. 23, 1937 THE INDIANAPOLIS TIMES PAGE 11

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30 INDUSTRIALS Ohio Edison 4s 65 aa ac 5. | Atl Refining w 4 Atlas Corp

oda —3, il . SE g ~x ae a Auburn Auto .. Yesterdiy ree vee 132.96 » P&L a Ent 0gess 3d oN Austin Nich ... | K eek ago .... ‘ . . 136.8 1 apna ; p Aviation Corp .. only | Mother Lode Month ‘280 “c.iveeivisrverian, - —~0.0¢ HL R 3 5 SB. G . : Exchange Buf Motor No 1 av J i 11 Year ago 5.91 F031 | pel Marg 5A 56 1 981 : ‘| Bald Loco ct wi Pair "Mors ; , pipuelier Br High, 1937, 194.10; low, 125.73. Phil Rd Coal 6s 49 1 ea Erno Sug ++ 2 hy Njuiline Mig B High, 1936, 184.90; low, 143.11. philippine R 4s 37 oN 91a : I Murphy GC 20 RAILROADS S v ge ] 3 12 Murrey MPORRY iste titirrisiirsivia,. 32.32 —2.! > 4S © a z logs R: garnsdall : { Myers & Br x | E 3 2 eatrice Cr | Festerday ...cooaceseeeenias. 35.28 = | Seab Air Lin 6s 45 .... 101s 9 ~ |Beld Hem Week ‘ABO ..cicssstanssrsesss 33.33 hd So Pacif col 4s 49 ) 71. . Bend AY id rebates arses 98.93 . 'y 2 75 2 en n pan. Month ago So Rwy 6s : Beth Steel Year ago v 0 1, Be na. | Beth Steel 7 pf High, 1937, 64.46; low, 30.09. Stan Oil N J 3s 61 ... ¢ Bigelow San

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3 . Bond Stores Yesterday cicic.essscssassess 2188 —0.55 82: > | Borden

WEEK AZO cosa veraasssssass 20.96 —0.11 Ry 3 A 5 Bore Warner .. Month ‘ARO cuicssssiesassiaes i —_—e Warner Bro 6s 39 . ; 3 83 G i Year ago ’ . ary 5las 17... Y Y Badgept Brass .. ar 00 1 3 High, 1937, 37.54; low, 19.65. West, Snian 35 80... 3 7 n Briggs Mig... 28; ERA 2 ? | Natomas . 723 risto ia . rr Neisner High, 1936, 36.08; low, 28.63. Young S & T 4s 61 .. 1001; 2 | BRlyn-M T y Bronze ... cir DNC 70 STOCKS Bklyn-M T pf Cable .... 11%: [N'Y Ar yn

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L Vanad iif 31s : - 21% A | NYC Omnib. wts 812 + 3 rar ne NT : 2 : ig o oe Receipts, 50— ; NX. In . 5 La ] - 1s k : cv 38 3 (550-900) hoice Month AZO ..sesvevsscosacees 44.44 24 ign ‘Low ‘Bast ‘NetCh. ‘ . : : Choe Fear'ago .....oiiad Phil 64.81 , Lion “Oil ...... 19% . High, 1936, 69.67; low, 41.52. Lockheed Air. TV Burlington M ..

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| | CITIIDT 9 > - | il i Most Porkers WHEAT FUTURES FINAL NEW YORK STOCK QUOTATIONS | ow Sade Drop 15 C i ; hele rop 15> Cents DECLINE 1 CEN Net 15 MOST ACTIVE STOCKS | Net C ] High Low Close Change | Net : w Close Change | MARKETS AT A In ocal ards | ods : | High Low Close Change | Kavser Jul TY 17 GLANCE > i Nar Yur | Kelsey-Haves 2 93 03; { . Acme Steel .... 497% 3 ‘2 NY Cent ..... 20 1835 18% — 23% | Relsey-Hayes 57 2 fe 2 ins ma: 2 fone a rT HOE 9; tow i Se 1a 3 61, 8 3 x I ! Allg i, 10. (Radio Hz AY iy Bonds, lower; U. S. Govern- marked the sixth successive day that . Allegh Cory p pi 15% Rohrysier SE a Nn ment issues irregularly lower : Weakness in Stock Market Alles eo prio iz — Oo ; gulari) . | values have fallen and current levels eg Cp prid0w [Par “Piet ......' 19% 'n 1m — urb stocks lower. | were 95 cents t 25 y i : < | we s to $1.25 below the Alleg Steel .... 20% Kgen “Elec Vo $5 50 = he Causes Uncertainty — Lane Bry B d J Decl | All ils "220126 ; ST... | Cons Bdisen .. 27% 2H 2 — Fe ot giv UAHA steady to | was mostly 15 cents off, although a | On Board. i S | Y i ... 10% 5 ' [ Elec Pwr & Lt. 93 9 9%, = 3; {Leh V Coal . ! . Ww Sor a on Ssues ec me N. » Bonds Allied Stores pf 5 B%0 .. Je ! 121% sore — Leh V Coal pf Ie Sorted 160 to 130 ‘pound | g op aes ‘ — | Lehman 75 cents a bale. | at a 10-cent decline. Choice lights | BOND PRICE INDEXES Pre obs : = Int Nickel .... 4512 44% My — Lehn & Fink Grains in Chicago: ‘Wheat, |topped at $10.05, with aL ales | Weakness hit wheat futures around 0 20 20 20 60 Ja g Dei .. .9621; "8 b: ..._ |'Socony 53 15% 15% — 3% | Cabby 3 : ) i oo . | midsession on the Chicago Board of nn T . - = | ye . - , oi Ear ly Gains. 841 369 ‘ste ‘sso [AM Br Shoe ....il 3 ; .... | Transactions approximated 1,570,- | Rubber futures steady around | Narrow, bulk of the supply clearing |, "nat had enabled the market Yesterday 846 85 ‘94.3 853 13% io 2; | 006 shares compared with 1,320,000 | previous closes. jon local account. Sows ranged to ‘maintain fractional gains. 7 93 ( ) — ‘Month ago .... 89.3 $46 970 90.3 | acti i : | $8. $9, ing t re NEW YORK, Oct. 23 (U. P). Ye Zo ure ‘Woz Jes ous | , | actions approximated 273,000 shares Ing Belt... hu 197% cents a fine ounce. | $8.50 to $9, according to the Bureau | .o¢ jower, December, 97% cents: United States Steel common stock A AO EN Oe ae IA | compared with 335,000 shares last 0 J ache ; 201 : | Of Agricultural Economics. corn was 1 to 1% cents lower, Oc- . | Saturday. ow's ldestt 31 ; : Tet Today's cattle trade was nominal Gat . : broke to a new low for the year 193: mi 95.0 101.2 106.0 100.7 | y y Fort. “Ine 1% 1 1 High Low Clos mnt Compared with the close last week, (00 rg reak iv : r- | 1937 825 ‘yy ‘eas 2.3 [al i 17, ; dha | to 4 cent lower, December, 30! today in a weak, active stock mar a A Tong Bell A 3% 33 ole NS B89. lj3ac 2 | slaughter steers and yearlings were Conte y 1 r i i. | - 1 1 £ S. 1 Its break and a drop in rail- | e554 500 ‘843 ‘1035 ‘es |Am-Haw 8 | Crosley Raa .. 11% 10% .... [fou G&E A ...} . [Een mld : hi Feverish uncertainty sifting Crown Cork 36 3 | Lou & Nash ... 6C 58. 5_ | Syming-Gouldsw 71. good and better declining 50 to 75 | through from the collapse in stocks down after an early rise. Commod- 1935 low ...... 83.6 1.0 89.3 83.0 Crucible St .... 3034 29%; hs vk " - Cuba C ts 5 d i Ss 2 - ; z fhe : ities sagged. | (Copyright, 1937, Standard Statistics Co.) He PA i a 9 21, | AISOLL J oh ents lower: ly (ol 35 x Nay reached the grain pits, causing easi- | Curtis Pub... 6% : ; cents off while bulls are steady. ness that in no way resembled the sank to below 54 off more than 4! 10 MOST ACTIVE BONDS San SR pf 8, Naame oe ©. Ji 20 30% ...... [deyas Com points. Other steels made corre- | : Wet Monin Year Curtiss Wr A. JIE Ma Elmo 1 5 + Tex $11.50. The entire market closed curities. July gave ‘ground ‘reluc- | Sa Man Shirt: | very dull at the week's decline. Top | tantly, all futures meeting support. steel operations next week brought |cMstP&P 5s 15... 11 —1% 15% 26% { Mar [ic the sellin Deere & Co. - 18% : , | Marlin Rck s were above $13. Practical to: c . B. Grt Nor 4s G 16. .104%% —4v; 1141 121 Roll Mill pf Es J > | Marshall Fld sales were above . ractical top | py strength in Liverpool. Buying weakness tod th tion | Grt Nor 4s H 46 .. 981 —112 1053 Seating : | Marin be Anermoid on heifers was $12. Late sales of was of small volume as traders hesiJ SS av W r or ve ® a DOR : po y Er iv th > I at Coon "Bao this 60 La —in, sen § Sot : ; | D&R her” 32 812 | Mathieson Thompson JR ; Aa > given e nterstate Commerce sees a 2 91a Stl f° 3 L i ia Rs ‘om! 5 : . 1 I'hompson Pr from $3.50 to $4.75, plain and me- export business and insufficient re- . : 2 dium kinds from $5.25 to $6. Clos- | sponse at Winnipeg to cables : \ Avia Ee eabd 6s 45 eas 9 = 13% "13 T&T . NG x Be | Ye hipeg cables. freight rate increases. These |. Pac bs 43 in tea Tobatto ing top on sausage bulls was $6.75 Corn prices yielded from the start, amounted to only around $47,500.000 | 5 Tob B annually, against increases in Wages oni ‘wor W 43s 149 silty oY 96% [AM WW PD oT w {he peripd sold downward from supporting purchases 37.50, choice kinds be2ing absent. The October contract led a rally | ; ; | Amer Wool f y ; : jis rally $125,000,000 annually. : .e | MOK&R 5'4s 50 Heo Hy ose ne oP Not enough sheep or lambs ap- at Liverpool where wheat prices Sellers were reported in nearly all | yspSSmen 4s 38st. a 110% 4 trading was cuocted nominally clines in North America: kets - ; ’ vivo be Mo Pacific 8 20% : . . an markets et Sg A ng i Du! Mo Pacific : 32 21 steady. Compared with the close | yesterday and a cut of about 3 OW ON J eniral din NOL ADBEAY No RO eh a 30 24 jast week, lambs were 50 cents to cents a bushel in nearby freight h 1d t 193 Tf 11 Cony, Jef : > | Armr Il pr pf. Unior 3 > VY 335s 3 nion ? . { - 3 . i “ol : 000 shares sold at 3 YO 2 ANY Son 3335 16 nps-eif 26% 96% | Armour 111 Union ‘Car 7 76 5 © — 3% | showing the most decline. The start. Firmness set in on week-end Un Sal... 3h 3 80°" Tio ®|closing top on choice ewe and Covering and offerings continued upward to a practical top of $11 The United Kingdom and Ger2 | earlier in the period. Closing top many were reported to have puron slaughter ewes was $350, this chased Argentine corn overnight, United Corp % 4 3g i United Cp 301, 30 : a | HOGS | are expected to range between United Drug 3 2 [Oct Butk oTon, Receipts 10,000,000 and 11,000,0000 bushels,

Agams Exp ... lll | Gen Motors 391 31% 31% | Kennecott 3514 s | Stocks lower; U. S. Steel at new ) 32 Another decline in hog prices Ss * | ' Rep Steel 163, 15%, ‘1an Lamber Chi irr rly lower. | . c Ae tiv ® fea Chem 185 Soot fie oo. aT Mute ‘ons cago stocks irregularly close of last week. Today's trade | Ler P Cem s } Cotton futvres decline almost weight p shi p ly . : | Leh Val ights' cleared to shippers early y After Chalkin | Alls Chal 13 : Anaconda Cor.. 205% 27% 28 : RE bp °>| ‘CHICAGO, Oct. 23 (U. P)~= } g Lerner Inds. Rails Utils. Bonds te. 15 easy; corn lower. $10 down. Outside support was very Trade today, interrupting the firm % 96 91.6 5.1 | st 'S - | : . y 25 Ss < 84 6.1 954.6 85.1 | shares last Saturday. Curb trans Silver unchanged in London at Steady to cents off to bulk ‘at At the close wheat was 1 to 1 Two years ago. £9.9 78.9 101.4 90.1 | Loew's A 61 cents, and oats were ’s Net Lone Star Cem. 36! 351; : Superior Stl 7, . | 1936 high 95.8 100.4 106.2 '100.2 | i / ose aad ; 4 : y Bich Ow "CuseCnange fornia Swift Intl 25° 85 5 ...._ | 25 to 'I5 cents lower, kinds grading road issues featured. Bonds turned 1935 hi 91.4 86.4 1036 93.1 Home Pr or in y 3 : FE . 5 ce. Lrown Zeller .. 3: 11% phudium St... 19% 8 3 cents. Heifers ended generally 50 | was considerably modified when it ‘a ‘8s 5 : . Cub Am Sug .. 4% Steel touched 573% early and then Se —— Mach&Fdy PMacy' RH _..... 35, 33 8 214 | Tenn Corp 3 un Vealers lost $1.50 to $2, closing tOD avalanche of falling prices in seMa El mo gtd.. sponding losses. Outlook for lowe: Close Change ‘Azo ‘Ago a Marine Mid | steers reached $16.25, but very few Early firmness was brought out Another factor in the market's {Penn RR 3%s 52... 92 —11: 975 Safe Razor Martin Gl ov» 13 ; 3 =| ar 5 271, 71, i Third Ave Ry.. low cutter and cutter cows ranged | tated over reports of disappointing Commission's action in granting | CMStP&T 5s 2000... 4% —% 5 3 Sugar Chi Grt W as 59 .. ! — 25% 4 Am Tvpe'F Most stockers and feeders during | corn loan talk failing to bring out recently given amounting to aroand re Woolen : peared today to make a market and | closed 4 to 2': cents hizher. Derails before the opening. Special Mo Pacif cv 5's 49 ... 7 534 i 9, 5. (Nat D P 3%s Slww..... 991: 7 11 Fie ae ‘ 1 : : until 10.24 and then a block of 15.-|\%; 5s 2013 , io Und Ell Fish . : a ~ 9.0 | 81 lower, good to choice offerings | rates forced a lower trend at the points. [3 Sid 2s . *SgTia : 2 | Armstrong | wether lambs was $10, after selling | light in view of political turbulence. Uh Oabr Pust 3 23% 3.8 class declined around 50 cents, World shipments of wheat this week Un Dyewocod . 1 2 2 co 186. $11.004711.25

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Un El al 8 %1 | 18 10.756 11.00 : ) rai ae 3 i 32 1.19 10 350210.50 6 7 WAGON WHEAT I or 20 10.10@ 10.25 35 : City Bri : yn gas jmp ; ? » : 21. 9.954010.20 al €5 2 ved Bic other rade: Sor june for No Us Aperbd. ; ; ; ih, : 9.850110 10 9 RO Cash corn, new No, 2 yellow “i es U S For Sec .. 3 h 9° 9.80% 10 05 : 8 2c “ ow, ic. Ots, 9 Freight 0 98 ( + Vs [Tieht Light: ‘ Gypsum n ' 2 5 52 (140-160) Good and choice. . $ 9.604:10.05 ERIE Medium 9.10% 9.75 WINNIPEG WHEAT

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Norwalk T .... 2 23 iy | Ward Bak A . & ~ 8 Ward Bak B (1300-1500) Shoire | Ward Bak pf 100d { Ohio Oil 2's Warner Bros | Oliver arm Bq 2 2 | Warren Br Campbell oe JO AUTOMOBILES — Ward's Auto- 3 h " : 1 motive Reports: Production this EE 3 3 ta, (Qaplt week 91,905 units vs. 89,635 last week | til Roof 3 3 — IRN and 64,310 year ago. Tig x Shar T ING — Federal Reserve: 1 37 2 { Celanese pf ... Goodyear Pac Am Fish

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Common | [Wav (750-800) Good and choice . Soy Beans= Common. medium. 5.506 Oct 081, Cows Dec. "0 gin, may 991 Good i . 6.00@ 55 99 Common, medium oe 4.75@ 6.00 Lard— Low cutter and cutter 3.50@ 15 | Oct . oiq7 Bulls ‘ 9.30 Good (beef) . 6.750 2-30 Cutter, common and medium.. 5.00@ 6.75 | “", Eo (b Bid Vealers | J 2 { CASH ~—Receipts, H0— Heat No 3 Ware $1 N Good and choice .. 10 Ba ) No. 5 mixed, ge, T 1 mM Medium 9.00610, ; No. 3 yellow y. 31 os 2 00@ 8 No. 3 , 594i 63'5¢c; No. 4 yelCull and medium : 6.00@ 9 low, 56@58'2c; No. 5 vellow, 5441560. Calves No. 4 white, 596 59'2c; No. 5 white, 55% ¢250-500) Good and choice 8.007 11.00 | 96; sample, 48a: 54 Vic : Common, medium 504 8 Mp a: Red ined ave, No, 1 white, IJ AA KE 3 2 5 Yt Feeder and Stocker Cattle 3 white. 32) wise. white, 32@33'%2¢; No Steers Rye—No, 1, T6'uc: No. 3 3% @ 14 se, (500-800) Good and choice . 7.50@ 9.5 Vd Bane malting, 604 86e. ommon y : * SCANS 0. 4 yellow, 99,6993 1800-1050) Com ¢ . a 4 yellow, 98¢ = Y 1c; No. Common medium 5.504 .50 Timothy Seed—$ ou | Heifers= _-Clover—Red, $27 | ood and choice coves 1.000) 78.60 | 7.75 Common and medium ..... 550@ 7.00 Cash Provisions—Lard, $9.45 nominal; Zenith Rad - Cows== | loose, $9.55 nominal, Zonite Ee 31; 31; 2 “hein Good civees 3009 800 |

8 id medium ...... 4.50@ 5.0 hi SH sy awp ass COMMODITY PRICES i 0 bene Receipts. 50= COTTON cag | Lambs= ol Arr 00 | NE YOLK Pre, 3 4 Sy 3 °

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| Sn thus Waukesha Mot. oPpen Soll 2 | wayne Pump tis ey “. © isen [ Otis Steel ... Wes Oil & 8 Outbd Marine West Auto Sup Owens Ill Glass est Md - " p | Celotex i ove 3s | Goodye f'.. 9% L114 | Pac Finance Hy OTR Ba to record — L Gent Aguirre 2 y : Soon Gotham Hos . : 3 Hpac & = El gh a ,793,000,000; excess re- , ent Fry _... ¢ : s | Graham Paige 2 2 acific Ltg ... J Cent R N 3 “ian y | > Mills .. serves $1,020,000,000, up $30,000,000; LOCAL ISSUES Sot Ri 3s, NH. ,, |Sramby CC. = 3 Bane Mil circulation off $39,000,000; brokers {BY Indianapolis Bond & Share Corp.) Cerro de Pasco. | AA +3 | Granite C sul. a i Packard .. e following quotations do not repre- Te rant r . 3 | Panhandle and dealers loans off $39,000,000 tO | cont “actual bids or offerings but merely | Checker Cab . .. Gt 3 3% — 25; | Parafline Co $929,000,000, a 20-month low; ratio |indicate the approximate market level |Ches & Ohio : og

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? 3 ot 3 : . y Paramt Pict v EI... 22 Bp bee : ’ t i unchanged ‘at 80.2 ‘vs. 80:0 ‘year ‘ago. | recon: trancsogoni 0 Seung inquiries ‘or | kil 4 , 29% 2 29% .... Para Piet 1 pf S. . 201, 2 = x + Para "Pic “2 ‘pf Dun & Bradstreet: Week Oct. 20 BONDS ni Mail Order 3 : Siethound Cp. 10% ¢ 3, | Park & Til . i 9 - i sk. , 3 5 —y NE irevhound f 2 ? 82 | Park Utah bank clearings $6,430,392,000 vs. $4, Big Ask M SP & P 1 5 I rE . : Da is

: Cite, and Tel (TH) 4l%s 6 ....100'% 100 : 333,984,000 previous week and $6,- Tel Ft W als Lye: 105 EOMSIERF pi Gulf Mobile&No 5 ¢ : Parker Rst Prof Parmelec 3

H Tol & Tol Ft Ww nl] 106 ¥ 045,441,000 year 51 Ind Asso Tel 4'as 65 04 108 {hathe Fi... COAL—National Coal Associa- |Indiana Tel Co 5s 60 100 Hall Print .... " | Patino Mines ..

Ind Railwayn Ing 5s 67 5 55 $ . 8 8 | Ham Watch .. : 1: | ‘Peerless

tion: Week Oct. 16 bituminous out- | Interstate Tel & Tel 5lzs 54 .. 97 991, | Ch RI&P 6pf .. i : 7 'yravh "Walk ; : Er Indpls Water Co 312s 66 2 101%, [Gh RI&P pf .. : 3 BY, ula, Bor : i | Pen & Ford put 9,610,000 net tons vs. 9.430,000 | Lolino Waser Works So 88 1110292 1043; | Chi Yel Cab ... 10 , | Denney

i eek and 9,733,000 year [Morris 5&10 Stores 5s 50 ....i03 = 103 ~ | Chickasha C | previous ‘week ‘and y y Muncie Water Works 5s 65 ... \: + [Childs “..... : 3 | Penn D Cem 8go. Noblesville H D & P 632 ..100 © 102 hrysier ..... 3 : = Le Shut Penn DC pf A CONSTRUCTION ——— Engineering hi 51.5 55 4 3] 18 4] City Stores : " : y : : Se . Hollandr & Son Peoples Gas

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Bs 101 104 . pf $43,946,000 vs. $34,159,000 last week TR Trac 7 L 5n 44 : : 107% Climax Moly Co 343 4 | Bere Mat pr pf | t Mill “a

. TH Water Works 6s 49 .103 05 -Col i and $43,120,000 year ago Trac Term “Co Bs 57 -.-vevis 63 kr MY, - | Bet Corp. Am el r= e

ELECTRICITY — Edison Electric STOCKS Col & Aik ; Hud & Man ... Phel Dod . Institute: Week Oct. 16 output 2,- | Belt RR St Fis com ........ 84 = Brspdiati B Hudson Motor... 8 | Phila Read © ‘1 276,123,000 kilowatt hours vs. 2,280,- ( Belt RR St Yds pf i io" | Colum Ga -.... |'Hupp Motor .. 21: t 2 “ein EE Mae 065,000 previous week and 2,168,487, ‘ § ol Pictures ‘vie 8" : | Phoenix Hos 000 : ve dewe ta 50 5 Col ‘Carbon ... I Central I'Pierce © pf ; year ago. Hook Drug Inc com , | Com Credit Ill Cent pf

( { | Pillsbury . : Com Cred cv pf : 0 8 | Ind n FAILURES— Dun & Bradstreet: Ind aah & 1 ToY Com Inv Tr .. 49 8 4 q ‘oie a eT | Pitts Coal

i 1 10 22 | Pitts Coal pf Five-day week ended Oct. 14 high | Ind Hydro Elec com 7c pfd .. 0 Co ess So 3 ba. Ingersel] Rand 8, [ Pitts Sc & B since May 27 at 174 vs. 146 previous Thais Bur ort phd 6s ‘8 2 31; | Commonw So pf : : Torratr Cop... 3: | Biits Tuited week and 139 year ago. Indpls Dw: & Lt pid Sis +1 cong Naim i - Insshs cts 'M Md | Blymouth ll ndpls ater C Ss 2 ; . A * r . on reek Poca INDEXES—Dun & Bradstreet: Lincoln Natl Lie ins Co com. : 24 Cons ST cen Interchem BF " 3 $ s nte - Week ended Oct. 20 business activ- | 5 R 1 a a RET Sis a Soi (Cons Fim jnier Bu» Port Ric- Am A ity 869 per cent of a N Ind Pub Serv pr 68 ne vn 8 Cons Film Pl: mal, low since June 24, 36, vs. \N nd Pub Serv Co p Se. TE (Eon: of 3

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Choice EYE ‘ fy 10 0 | { ie} w ose ood 9.006) 8.75 | Abbott Lab POE 1 3 Tow ose | QO o0g in 7.00@ 9.00 | December Adam: ‘Royalty ........ B ! 5 |__ Common ) 7.00 | January Advance : Shorn Ewes— March Aetna Ball (90-175) Good and choice... 3.00@ 3.50 | May Allied Products Common, medium. 2.006 3.00 | July Armour Co S— Spot, "8.34, Asbe: 90S CHICAGO, Oct. 23 (U. -P.) —Hogs—Refsse. ne ceipts, 5500, ineluding 4300 directs : TrarRet, astian ess 0 cents lower in bid pric no eat . Bendix Aviat ... : indications lower with nominal top Du Berghofl Brew ; Mareh a | Bliss & Laugh ... 1700; calves, 100; mar- ap ® Dork earke, rank and file o efop. 50 July rown ‘4 | ce ts off: medium to good ed Cl ers ' Bruce E L t T5081 off; grass heifers, steady ; | October Butler Bros | cents higher; prime heavy steers: s%0 90 Belden Mfg .. | top; several loads, $19.404719.75; sprinkling Cent Cold So: | 818256119; shortted steers, $14 down to $9 y § close Cent & SW Ut | ““Sheep—Receipts, 5000, market, steady, | January vee 035 2 7.33 Chgo Corp ... | fat lambs for week 65 to 75 cents off: | March .. 2 25 7.34 Cheo Corp cv nf sheep, 25 to 50 cents lower; feeding | ‘May .. ! % % 7.38 Chgo Flee A lambs. steady to weak. top natives, $10.60 closing top, $10.35; top vearlings, $9.50 slaughter ewes, $4.75, feeding lambs, $9.50 FOREIGN EXCHANGE 210: 25. WAYNE, Oct : U. P.).=Hogs Closing foreign exchange {irregularly 15 cents rer; ibs, sh 80; | lower, fe 1bs., $9.8: 2 Ibs, $10.65 cals Rates Change §., 2 $9.55; 275- England (pound) 4.9 = 00 1-16 $0'45: 300-350 Ibs., $9.35. 150-160 Fe (60-d. bill rate) 494 —, 80 1-16 25° 140-150 1bs,. 89.40. 130-140 Ibs Canada (dollar) 1.00 1-64 » $9.15: 120-130 Ibs $8.90: 100-120 lbs. | France (franc) 0338 =. 00001 $8.65: roughs, $8.25; stags, $7. Calves, $11. | Italy (lire) 526 rr Lambs, $9.50 Belgium ihelga) i Germany tmark) : a 2 «+ .0000'%, er, (travel mark) § oe ORE CONSUMPTION IS UP &iieriind Mraie) 3 oom Holland tguilder) .. 52! vide a — Sweden (krona) ., 2553 bs . Norway (krone) Iimes Special Denmark (krone)

CLEVELAND, Oct. 23.=Septem- |AUSiralia (pound) .

{ber consumption of Lake Superior Czechoslovakia liron ore totaled 5157411 tONs, UP |ginjand |markka) [26 per cent over the 4,026,690 tons fireoce {drachma) ( » : Ss f 33 taken in the like 1936 month, it Was | New Zeal (pound) 5.99 reported today. The total, however, | Boland (zloty) . y Portugal (escudo) was off 4 per cent from the August | Rumania (leu) total. Argen fog peso) Argen. unof. peso) Ore on hand at furnaces and Lake Brazil off]. milreis) Erie docks as of Oct. 1, at 39,963,601 Riazi fot. nil. | tons, compared with 31997663 tons | gray (peso) | f 50) [on the same date a year earlier. |Meat) | There were 148 furnaces in blast on | | Shanghai (yuan) 1 ru 3) v's | Sept. 30, against 190 available. din upee)

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Manufacturers’ Assn.: Week Oct. 9 == Of 1.30% / John:-Min ....'8 : = Radio 61 [ Gen Financ 54 Gen Hshid Ut

proguetion BY Sat mills 228. 719.800 INVESTING CO0.’S & 93! $ 3, ” Kalamazoo Stv. 20% 203% 203, = | Radio: 2 or : 41 | Goldblatt Bros FE, EE Ro fats Bid _ Ask Bid Ask pe G0 a iue 3 i Kan C Sou .... 9% 8. 81, | Ravbestos ... | Sosjaid Co d revivitsiwaek:; Shibments 700.113 950 2.93 13.33 Invest Bamk Corps, | Cream Wht ... 24% 24 241, Ream Do. 08 Te” Ha — | Roading 1 BI SE RE “4 vs. 222,145,000; booked orders. 185,- SE Tn Eo 190 lees [fice 1 7 Ea En $50,000 VS. 212,988,000. s 15 i { RE de 50 2 30 Ref 3 Roni 7x, METALS — American Bureau of i 5. 6:30 Key 26.79 W 11 S D N E 11 | Reliable stores. Metal Statistics: Sept. U. S. lead | Bas fnd 38 Key 173 1722 a treet OCS ot ssentia V| | Rem-Rand -. output 41.046 tons vs. 46,965 in Au- it Ty 35 50/1 Key 2 10: 1 c ReBudls si 8 gust and 32,982 year ago; shipments 3 Aj d R 1 B Fl Rebun Bil or i Ha Be, 1d Real Business, Flynn Asserts fi” 30 stocks 90,742 tons vs. 103,518 on ; 345 3.65 Mut Inv : Rev Sorin Aug. 31 and 200,517 year ago. be s 17. 53 Natwi sec Be Rite: pent OIL—American Petroleum Insti- A By JOHN T. FLYNN Ruberotd tute: Crude output week Oct. 16

Times Special Writer | Richfield Oil... averaged 3,602,150 barrels daily vs. NEW YORK, Oct. 23.—Well there is no complaint now that the | 3,579,050 previous week and 3,080,- markets are too thin. They have been fattened up all of a sudden and B50 year WEG; BRIDE OO Toa a good many people are wondering if they didn't like them better the 000 barrels vs. 65,532,000 and 57,-

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Po some people are asking what | RAILROADS— Association Amer- all this fat market has to do with | : : jean Railroads: Week Oct. 16 car- Fidelity Jo business—real business, productive || 1O%. a a en al oo loadings 809.944 vs. 815,122 previous iL Rh business, ‘the ‘business that makes | unareds of millions, It has bought | geapq air L of oading: Ins Stk lout other corporations on a grand | Seabd Oil week, 826,525 year ago and 931,105 | Fix Tr A the country go ‘round. Booerave hi a Tr Take for instance, radio stock. | {scale. Tt has played a foremost role Re wm CORPORATION NEWS—Atlantic re Inv. Last Tuesday when over seven {in the social, cultural, scientific and | Servel Inc .... Refining Co., first 9 months net | :

Sh Ss H million shares changed hands, radio | aton $7486,000 vs. $6,161,200 year ago; | Gen Cap 30. oy 32.

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Wms OILO-Mat }2 | Zenith Radio | industrial life of the nation and in |g 7.0 su pr. [Sen Gan 30:3 stock ‘was traded to ‘the ‘extent ‘of | its €ambling life as well. Yet no Sharp & Corn Products Refining Co. consol- Groun Securities: 9

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ere. 3 5 | : CHICAGO PRODUCE MORTGAGE LOANS 87900,000 shares—a nice day's busi- | ONC Who ever bought a share of its | Jhon oii | 10m jdated first 9 months net $5,003,040

37 3114 ness. There are, in fact, few shares S'OCK ever received a single dollar | RR Rl “ag | Et | ih Toe | Favorable Interest Rates and Paymem Plans vs. $8,339,192 year ago; General " 46, »C that get traded in more. It has been | Electric Co. first 9 months net $39,- 5 9 CPA i 3

{ 19¢ that is, it's a share that a lot of the hope of getting a good irrvest- | Smith A .. 18° 2 extras (92 score), 5c. extra Jrsts, (90- | people buy and sell abundantly. |hient? It was down to $2.50 a share Smith Cor T... 16, . : Scand Hh Ris. Steels, | SVG Ibe. But what difference does it make |in 1932. Why did it go up to $9 and | socony wacuum 15% 1 5% % | standards, 34l%ac; i (89 score), 82%: The ++ | ‘Whether ‘the ‘market for radio is fat | then to $13 and $14? Because it is|So Am Gold .. 21a 3 g% cept (08 SCOR M1 MCasy: receipts, 8 | Ni or thin? lor has ever heen a good investment? | so cal Bd ec 3 = 8 trucks. ducks, tian: gees are hens. 195| In the last fourteen years—which Certainly not. Because it has been | Sou Fas >on i 2 Re 3 300 | tars T0150; Broflers. Jo 26: turkeys, | INDI ANA T RUST

973,092 vs. $6,434,585 year ago; Pub- Bk Gro 1.27 142 B 1 | lic Service Corp. of New Jersey 12 | ms Go bel 112 180 40s, L&P A 12.6 12.84 | is a long while—enough to ‘witness (a Sensational gamble throughout its | South RY Bt iE 4 16 ‘eghorn Fe EE _—

months ended Sept. 30 consolidated /Well Fd 13/56 1492 | two recoveries and one depression— | history. 50s Ming. Soin 3 bv i | lovee: Tonghotis. 10% @10vse C het $24/658822 Ws. SUMBOTTZ Prove! to Or Cth ————— this stock has been the subject of ‘What has all these hundreds of |Sperks With .. 3m 3 3 ig TRE a TI lL Jiveral demand, : OMPANY jous 12 months; Remington Rand U. S. STATEMENT trades running into countless mil- | millions in trading done for the |gparry Corp .. 13% : banks. $135@1522 U.S. No. 2. $1.200 Inc. and subsidiaries 6 MONthS| WASHINGTON. Oct. 23 (Ub) .Gov. | HONS. The price of it has ranged [radio industry? How many people | Spicer Mic . uh LR ke RR ended Sept. 30 met $2,382,560 vs. | Hr Or Touch oar glO the between $420 and $2.50, men have has it put to work? How many dol- | gf | 108: "North Dakota Early Ohies. 81020 | MEMBER = $712,688 year ago; Shell Union Oil | pared with a year Ri t com- | tern the clothes off each other to lars has it put into radio? Nothing. ier BRE, DES. 3 emits. $1.30. | FEDERAL DEPOSIT INSURANCE Corp. first 9 months net $15.984,- | punenses 0. ni 148313 0 0. Jas br buy or sell it. Fortunes were made | So far as this corporation is cor- | gq SE |‘ Michigan Russet Ruralis. 8105. Kings U CORPORATION

218 vs. $16,512,053 year ago; Union | Receints .. 1,902.597.843.53 1.336.551 433. 382 trading in it an das many fortunes cerned and its real investors and its Std G&E pf S. Commercial, $1, fTivals -119, on track

i y i+ Std G&E 6 pf | 336; shipments, 69 rbide & Carbon Corp. first 9|R Ll 49¢850470'17 810 180:886.55 | Jost. One broker, who built up a [real function, it doesn’t make a bit Sia GE 7 of = Bok : : SAFE DEPOSIT BOXES The Oldest Trust Compa in Indiana

. a é months consolidated net $30.465 886 | War, “eae i90007 08 1.001434.372.9¢ | qramutic career as a Specialist in of difference whether the markets | Sid © cal * The *% Allied with THE NOOR Rriom BANK Indiana National Bank ||

vs. $23,550,950 year ago; William | E0b. Debi 36.950 300.400 97 33.8%0.620.410.85 | it, has been thrown off the Stock are fat or thin. Tt wouldn't make | 8g of Indianapolis

lof profit out of its operations. 5 1 : bs 210) :: | Simmons . le 24% | 315¢c current receipts, 21%ec,; checks, 17c, N WL mmo 2. 3 ie | 0 Commission 2B 1 a market leader for a long time—| Why do people buy its stock? In | Skelly aE 2l* 0° DB + % Yor—Market, steady: receipts, 485 . . P 1.J0 1.26( "8 : 663931 vs. $2GB36ET year WED: If 00 110'Super. 8: Howe Sound Co. first 9 months ne Min 52 1.30/Tr Stn © 2. $4,100,156 vs. $1,715664¢ year ago; 02 bop New England Telephone & Tele- | Hur © gs 5 Ft ONE graph Co. first 9 months net $5,- | nen Securities aT I Bk

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Debits <weeeee. 7.863.000 | has ever received a single, solitary [be induced Sunshine Min. vs. $6,845,386 year ago. Clearings fOr Week .....uvuvs ur. 18. ne, uced to leave it alone for a right, 193%, by United Press) Debits for w aii hes 50,306.00 Penny as a dividend. : while, per ii 3 5 he

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