Indianapolis Times, Volume 42, Number 106, Indianapolis, Marion County, 11 September 1930 — Page 14
PAGE 14
STOCK MARKET IRREGULAR IN LIGHT TRADING Merchandise and Oil Issues Are Bright Spots in Early Selling.
Average Stock Prices
Average of thirty industrials for Wednesdav was 245 09. up .80. Average of twentv rail-, was 132.73. un .35. Average of twentv utilities was 88.77. up %3. Average of fertv bonds was 97.21, off .03. Ihl Unit and Press NEW YORK Sept. 11.—Stocks ran into a technical reaction today, but the general market showed staunch resistance attempts to bring a wide open break. Around noon prices were off 1 to 2 points, losses being in majority. Trading volume lightened on declines and increased slightly on advances. Bright spots included the merchandising shares, a few of the oils, and special issues. Foster Wheeler rose nearly 2 points, to 95; Radio %, to 43; Vanadium Mi, 87 3 i; Hahn Department Stores %, to 17 1 i; Montgomery Ward %, to 39; Safeway Stores 1, to 74; Mexican Seaboard J ,i, to 24U, and Gillette lli, to 66'2. United States Steel eased to 171, off Mi, and then firmed up slightly around noon. Smaller declines were noted in General Motors, Warner Brothers, Radio-Keith, General Electric, American Can, Westinghouse Electric, United Aircraft, Bethlehem Steel and General Railway Signal. Standard Gas rose nearly a point to 106%, but other utilities eased fractionally or held around the previous close. Rails were depressed fractions to more than a point with Southern Railway off M 4, at 86. New York & Harlem, wide mover, declined 8 points, to 215. Call money renewed at 2% per cent, but was easier with the rate down to 2 per cent in the outside market.
Bank Clearings
INDIANAPOLIS STATEMENT —Sept. 11— Clearings $3,247,000 Debits 6,185,000 CHICAGO STATEMENT —Sept. 11— Clearings $76,200,000 Balances 6,300,000 NEW YORK STATEMENT —Sept. 11Clearings $1,012,000,000 Balance 144.000.000 Federal Reserve Bank Cr Bal 133,000,000 TREASURY STATEMENT - Sept. 11Net balance for Sept. 9 $43,380,904.85 Expenditures 25,255,177.07 Customs rccts. month to date 10,005,105.31
New York Bank Stocks
—Sept. 11Bid. Ask. America 102 104 Bank of United States... 42 43 Bankers 165 1 2 1661; Brooklyn Trust 730 738 Central Hanover 365 367 Chase National 152 153 Chatham Phoenix Natl .. 112 114 Chemical 68Vi 69*2 Citv National 170 17i Corn Exchange 169 170 Commercial 435 445 Continental 29'7 30 Empire 81 83 First National 5.150 5,225 Guaranty 661 664 Irving 53' 2 54 Manhattan & Company.... 119 120 Manufacturers 92 93 New York Trust 258 261 Public 109 110 Chelsea 34 38 Chicago Stocks Opening IBy James T. Hamill & Cos.) —Sept. 11— Auburn Motors 129'i Majestic Hsehold 50 3 i Bendix Avia... 33Vi Marshall Fields. 41', Borg Warner .. 30 Midland Utd c 25 >4 Cent So West.. 23\ Middlewest c .. 29 1 / Cord Corpn 8 S Natl Pwr & Lt. 66'i Conti Cht Cor c 13 1 c Noblltt Sparks 50', Chi Corpn com 11 3 4 Swift <sc C 0.... 30' B Chi Corpn nfa 41 Swift. Internatl. 34' 2 Chi Securities 22 3 lu S Radio & Tel 28Vi Gen Thea Eauip 35 3 s |Util & Indu com 14 Grigsby Grunow lS’VUtil & Indu pfd 23' 4 Insult com .... 57’4 j Zenith Radio.. 8 Insull 6s 1940 ..102 3 4 New York Curb Market (Bv Thomson & McKinnon) -Sept. 11— Close! Close. Am Com Pwr.. 20 3 ,4 Int Super 49 3 B Am Gas k E1..131 Int Pete 19 Am Lt kTr ... 62 3 4 Midwest Ut 29'r. Ark Gas 10 Mo Kan Pipe .. 18 3 s Aviation of Am. 48 3 < National Ay ... 9-' B Brazil P <fc L . 36 3 s National Inv ... 13 7 n Can Marc 4"a Neymont Min .. 87’ 4 Cities Serv 29',!Nia Hud Pwr.. 16 7 B Cord 7 "a Noranda 23 7 6 .Crocker k Wh. 18>,yPantepec 2 3 4 Dixie Gas 20 7 a Pcnroad 10 J 4 Durant Mot ... 4 Prince & Whtly. 10'., Elec Bond Sh . 84', Sel Indus 6 Fokker 18 Shenandoah 10' 4 Ford of Can ... 28 3 4 iStd of Ind 49 3 „ Ford of Eng ... 21 3 < Std of Kv 30 3 4 ■Fox Theater ... lO'/Std of Ohio .... 76 Goldman Sachs. 20 7 o!Un Gas (new) .. 17 Gulf Oil 120'. Un Lt k Pwr.. 41-4 Humble Oil .... 99 lUt In Ind 14Va Ind Pipe 32 Us Pwr 18-t Ind Terr A ... 29 Vacuum Oil 78 3 4 Insull Ut ..... 56'„
Net Changes
Bu United Press NEW YORK. Sept. 10. Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follow: Up Oft. Amer Can. unchanced 134 Amercrican & For Pow 73t ... ■American Telephone ...219 'r ... Atchison 223 "s 2' ... Brers "8 1 Consolidated Gas Ill’s 2 ... Fox Film A 51'* ... General Electric 74 >* ... ’ General Motors 46' s .. * International Nickel ... 27 l’a ... Montcomerv Ward ... 38'* 1* ... Packard 13n ' ... Pennsylvania 74v.i ’* ... Radio 42' 1 1 ... Radio-Keith 37 ... ’ Sinclair 31’ ;* ... Standard Oil N J ' .... Union Carbide 81 J * '* ... United States Steel ...172'* ...„ ‘j . Vanadium * 86 ... . Warner Brothers Piet.. 29’< ... Westinchouse Electric. 157-% l’a ... Other Livestock Bu United Press EAST ST. LOUIS. Sept. 11.—Hogs—Receipts. 7.500: 1.000 direct: market slow, generally 5c to 10c lower: tops. *ll. mostly SIO.BOTo 12.20: 160-170 lbs.. 810.5041 10.75;' 100-130 lbs. pigs. $5.25*9.5r; packing sows. *8479. Cattle—Receipts. 1.800. Calves—Receipts. 1.000: vealers. 70c higher up to *12.75: tops, bulls S6. ?5c higher: other bulls steady. Sheep—Receipts. 3.000: including 200 direct: fat lambs strong to 25c higher: bulk to toppers. 58.50: odd lots, butchers. *9179.25; throwouts and sheep, steady. Bu United Press FT. WAYNE. Ind.. Sept. 11.—Hog market 2c lower: 110 lbs. down. $8.10; 110-120 lbs.. *8.85: 120-130 lbs.. 58.85; 130-140 lbs.. *9.10: 140-150 lbs.. *9.60: 150-160 lbs.. S10.10; 160-180 lbs.. 51Q.45; 180-200 lbs.. *10.60: 200-225 lbs.. *10.60 : 250-275 lbs.. 510.45 275-300 lbs.. *lO 38 : 300 lbs. up. S10.10: roughs, *8: stags, *6: calves. *l2: lambs. *8.50. Bu United Press PITTSBURGH. Sept. 11— Hogs—Receipts. 1.800: holdovers. 450: market mostly 15c lower: sows, steadv: choice 170-230 lbs.. *11.50; 310-170 lbs.. 111.35 * 11.40: good sow* up to (• Cattle—Receipts, 50: market, ’little changed: common steers. 664(7: common to medium eowa. S4@s; sausage bull-. *5476. Calves—Receipts. 10: market mostly - •steadv; good to choice vealers. Slo.sO*i 13: medium grades. 57.504i19. Sheep—Re.oetpts. 500: market, steady: choice fat Rtainbs up to *10; other desirable lambs down to 18.50.
New York Stocks B Thomson St McKinnon)
—Sept. 11Railroads High, Low. Close, clow. Atchison 221 ‘ a 225, Balt St Ohio ... ... ••• ii, Chesa & Ohio.. 50• *0 50% 51 Chesa Coro *® ? ®®% Chi Ort West... .. „ ' J 12 /a Chi N West... 69 8* 68 69 r R I Az P 99*2 99 99*2 99 Great Northern 29 :/ Illinois Central.. .. ••• 114 3 Lou & Nash.... . MK & T 42 41’, 41 . 42 Mo Pacific.... .xiji Mo Pacific pfd.. . •• a N Y Central.. .164‘a 162!* 163 a 164 NYNH&H JO 7 ’,* 108 Nor Pacific...... '? Norfolk & West .. ... •••,. 225 Pennsylvania ..24* 24a 74 a 24. s So Pacific 119 11? J" 11®'4 Southern Ry ... 89 85 2 82 87 * St Paul’ pfd’"" 2< * 23'" 23Va 24 |n,on & Pafific‘:: " "i 230% 222% W Maryland ... 25*2 24 ! ,2 25 20,4 Equipments— ~ Am Car & Fdy.. .., 52 52Va Am Locomotive. 44% 44 44.< ... Am Steel Fd J® . Am Air Brake S. .. ... ••• ' Gen Am Tank .. 90% 90 90' 8 90% General Elec ... 74'4 72% 73,n 24% Gen Rv Signal.. 82% 81% 82’,4 82/2 Lima Loco -®' 4 N Y Air Brake 40 Press Stl Car... Tig 7-: 2% ... Pullman .... ••• 68 8 68 g Westlngh Ar B ••• 4 ®, Westlngh Elec .175'4 %4 a /)>•>% 1577a Rubbers— _ Firestone 20 20% Fisk 1% 1 Ms 1 Goodrich 22!a 22% 22% 22% Goodyear 54 52-*8 54 53®/e Kelly Sprglld ... "% 3'a 3% 3% U S Rubber 20 19',a 19% 19% Motor? Auburn 130’!* 128 1 129 1 ? 131 Chrysler 29 23 29 28% Gardner ... 6 Graham Paige.. 6 57s 6 •••,, Generel Motors 46‘g 45% 45% 46% Hudson 30% 30 30 31-/8 Hupp ■ • 13 5 g 14 Mack 62 61% 61% 62% Marmon JJ., Nash 35 34’L- 34% 35% Packard 13% 13% 13% 13% Reo 13!a 12% 13% 12% Studebaker 31 30% 30% 31% Yellow Truck. .. 23'i 22% 23 23% Motor Access— _ , Bendix Aviation 34 33% 83% 33% Borg Warner... 30 29% 30 30 Briggs 20% 20 20 <■ 20', Eaton 25'.8 24 24% 25% Hayes Body ... ... 7 Houda 9’. e 8% 9 8% Motor Wheel . . ■ 22% Sparks-W 21 20% 20% 21 3tewart Warner 27% 27 27% 27% Timkin Roll ... 71 70 70% 70% Mining— Am Metals ... 30% 30t s Am Smelt ..... 70 69 69 69% Am Zinc , 10% Anaconda Cop.". 48% 47% 47% 48% Cal & Hecla .... 13% 13% 13% 14% Cal & Ariz 51 52% Cerro de Pasco. 47 46 47 55'/2 Dome Mines .... 9% 9% 9% 9% Freeport Texas. 46% 45% 45% 47 Granby Corp ... 23 ... 23 23 Great Nor Ore.. 21% 21 21% 21% Howe Sound 30% 31% Int Nickel 27% 26% 26% 27 Inspiration 14% 14% 14% 15 Kennecott Cop. 37% 36% 36% 37% Magma Cop 32% Miami Copper 15% Nev Cons 16-% 15% 16 16% Texas Gul Sul... 60 59% 59% 59% U S Smelt 21% 20% 21 21% Oils— Amerada . 23'% 23% Atl Refining 34% 33% 34 34 Barnsdall 23% 22% 23 22% Houston 78% 76% 77% 77% Ind Oil 24% 24% 24% 24% Indian Refining.. 11% 11 11% 11 Mex Seaboard.. 25% 23% 24% 24 Mid Conti 23% 23% 23% 23% Pan-Amer tßi.. . .. 54 55 Phillips 32% 32% 32% 32% Pr Oil & Gas 33% 34 Pure Oil 19% 19% 19% 19% Richfield 16% 16 16%. 17 Roval Dutch 48% 48% 48% 48% Shell Un 14% 14% 14%. 14% Simms Pt 22 21% 21% 21% Sinclair 22% 31% 22% 21% Skellv 27 ... 27 27 Standard of Cal 60% 60% 60% 60!* Standard of N J 70% 69% 78% 69',* Standard of N Y 31% 30% 3! 31 Texas Cos 51% 51% 51!* 51% Union Oil 40% 40% 40% 40% Steels— Am Roll Mills.. 53% 52% 52% 52j Bethlehem .... 88% 88% 88% 88; t Bvers A M 78% 77% 78 78% Colo Fuel 50% 50% 50% 51 % Cruc Steel 76% 75% 76% 75% Inland , 26% Ludlum 22% 21% 22% 22% Midland 32% 31% 32% 32% Repub I & 5... 36% 36 36 36-* U S Steel 172% 170% 170% 172% Vanadium 88% 86% 87% 86 Youngst S & W.. 40 39% 39% 40% Am Tob new A. 126% 126% 126% 126% Am Tob new 8.129% 128% 128% 129)4 Con Cigars 32 General dear ... ••• Ug & Mvers B . .102% 101% 102% 102% Lorillard 23% -2% 22% 23 Phil Morris.... .. .... .*• Reynolds Tob... 53% 52's 53% 53 s Tob Pr A 12% 12% 12% 12 Tob Pr B 4% 4% 4% ... United Cig 2% 7 7% 7 .i Utilities— , Abitibi 22% 22% Adams Exp 28% 2 v’* 28% 28-s Am B’or Pwr .... 73% 72-s 73-k 73% Am Pwr & Li... 87% 8a 3 ,* 85-* 87% AT&T 218% 217 218 219 Col Gas & El.. .. 65% 61% 65% 64% Com & Sou .... 14% 14% 14% 14% El Pwr & Li- 75% 72 75'* 74 Gen Gas A 10% 10 10 10 Inti TANARUS& T 43% 42% 42% 42% Natl Pwr & Li.. 49% 48% 49% 48% No Aaier Cos 108% 107’* 108 108 Pac Gas &El .. 60% 60 60 60% Pub Ser N J . . 96% 95% 96% 97'* So Cal Edison. 59% 58% 59% 59% Std G & El 107 105'* 106 106 United Corp .... 35% 34% 34% 35 Ut Pwr & L A.. 37 35% 36% 36 West Union 174% 121% 171% 175% Shipping— Am Inutl Corp .. 40% 39% 40 J 840 Inti Mer M pfd 22 22% United Fruit ... 87 87 Foods— Am Sug 52% 50% 50% 53!a Armour A 5% 5% 5% 5% Beechnut Pkg ... ... 59 Can Dry 66% 65*4 65% 66% Childs Cos 55% 55% 55% 56 Coca-Cola 186'* 184', 135% 134 Cont Baking A 30 29% 29% 29 Corn Prod 94 93% 93% 94 Cudahy Pkg ... 42% 42% Gen Foods 58% 58% 58% 59 Grand Union.. .. . 16% 16% Hershey 98% 98% 98% 98% Kroger 28 27% 27% 27% Nat Biscuit .... 86% 85% 85% 86% Pillsburv 33% 32% 33% 32% Safeway St 75% 73% 75% 73 Std Brands ... 21% 20% 20% 21% Ward Bkg 10 9% 9% 10% Drugs— Cotv Inc 18% 17% 17% 18 Lambert Cos ... 96 96% Lehn & Fink ... 27% ... Industrials— Am Radiator ... 23% 28 28 28 Gen Asphalt .... 42% 42 42% 42% Lehigh Port 29’.* 29% Otis Elev 69% 69!a Indus Chcms— Allied Chem 279' i 276 276 280% Com Sole 27% 26% 26% 27 Union Carb .... 81 80 80% 81%
Produce Markets
Eggs (Country Rum—Loss off delivered in Indianapolis. 20c: henerv duality No. 1. 29c: No. 2. 16c. Poultry (Buying Prlcsei—Hens weighing 5 lbs. or over. 22c: under 5 lbs.. 18c; Leghorn hens. 14c: springers. 4 lbs. ci over 21c or under 4 lbs.. 19c: Leghorn springers. 17c: old cocks. 9(?il0c: ducks, fuli feather fat whites. 9c: geese. 6c These prices are for No 1 too ouality ouoted bv Kingan & Cos. Butter (wholesalei—No. 1 43944 c: No 2 414942 c. Butterfat—42. Cheese (wholesale selling orice pet pound'—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts 27c: Longhorns. S4c: New York Limberger 36c. Bu United Press NEW Y'ORK. Sept. 11.—Flour—Quiet and steadv: spring patents. *4.954; 5.25. Pork -Quiet: mess. *32.50. Lard—Dull: middle west spot, *11.904112: tallow steady: special to extra. 5615UC. Potatoes Firm: tersev. *1.504; 3.35 per basket: southern 5i.50413.65 per barrel. Sweet potatoes— Firm: southern baskets *1®1.75; southern barrels. 54.50; iersey baskets. *2 92.50. Dressed poultry—Turkeys, 224145 c: chickens. 20; 40c; 1 fowls. 14*; 30c: ducks. 1246 15c: ducks. Long Island ,16@T9c. Live poultry—Firm: geese. 124;T6c: ducks. 15*; 25c: fowls. 19*130c: turkeys. 30*140c: roosters. 154; >6c: chickens. 22*; 30c. Cheese Quiet; state whole milk, fanev to special. 244126 c; young Americas. 20925 c. Bu United Press CHICAGO. Sept. 11.-Eggs—Market, easy: receipts. 5.605 cases: extra firsts, 27'jC: firsts. 27c: current receipts, 244;25c; ordinaries. 164123 c: seconds. 12(818c. Butter —Market, steady: receipts. 5.535 tubs; extras. 38c; extra firsts. 37*;37':>c; firsts, 35ri36'ic: seconds. 33*134c: standards. 37'gc. Poultry—Market, steady; receipts. 4 cars: springers. 23c: Leghorns. 17c; ducks, 16 ii 20c: geese, 16c: turkeys. 18c: roosters. 14c: broilers. 22c. Cheese—Twins. 18'c5; 18’ac: Young Americas. 19c. Potatoes—On track. 268: arrivals. 119: shipments. 931: market, steadv: Minnesota sacked Irish Cobblers. *2.2592.35: Idaho sacked Russets. *2.45412.50: Wisconsin sacked Irish Cobblers, mostly *2.50. 1 nited Press CLEVELAND. Sept. 11.—Butter—Extras. 37'jc; standards. 37'jc. Eggs—Extras. 33c. firsts. 26c. Poultry—Fowls. 24c: medium. 22c: Leghorns ismalli. 144117 c: heavy broilers. 214; 25c: Leghorn broilers. 20-i 22c: ducks. 10*;20c: old cocks. 14rlSc. geese 20c. Potatoes—Ohio cobblers. 70c per half bushel basket: Idaho. *3.40 per 100-lb. sack. Bu l’nited Press CINCINNATI. Scot 11.-Butter—Steady; creamery in tub lots, according to score. 86 s; 89c: common score discounted. 29 3c: packing stock No. * 30c: No. 2. 25c: No. 3. lac: butterfat. 384140 c. Eggs—Lower: cases included: Extra firsts. 29c: firsts. 26c: seconds 24c: nearby ungraded. 26c. Live poultry—Thin and coarse stock sails only at heavy discount: fowls. 5 lbs. and over 24c: 4 lbs. and over. 22c: 3 lbs. and over. 17c: Leghorns. 3 ibs. and over 15c; roosters 13c: colored fryers, over 3 lbs.. 32c: broilers, co'ored. over 2 lbs.. 22c: broilers, over l'a lbs. 22c: 1 M lbs. and over. 2Cc: Leghorns and Orpington broilers over Jta lbs.. 20c: l'* lbs. and over. 19cj4broilers. partly feathered. 154* 18c: blaqiß springers, 16c.
U S Ind A1c0... 74% 72% 73 76 Retail Stores— . ... Assoc Dry Gds.. 33 T * 37 g 37;* 3i% Olmbel Bros 12% 12% 12% 12% Kresge S S .. 31% 30% 30% 32% May D Btore... 47 4* 46 46% Mont Ward 39 37% 38% 38% Penny J C 55 53% 53% 55% Schuite Ret St 8% 8% 8% 8!a Sears Roc 75% 74 74% 70, Woolworth .... 68% 67% 0< • 6i% Amusements— Bruns Balke .... 16% 16 16% 16% Col Graph 18% 17% 18% 17% Crosley Radio .. . .. 16!* ... Eastman Kod ..219 216 216_ 219 Fox Film A 51% 50% 50% 51% Grigsby Grunow 13% 12!* 13% 13's Loews Inc 81 79 8l 79! Param Yarn .... 61% 61 61% 62 Radio Corp 43% 42% 42% 42% R-R-O 37% 36% 36% 37 Schubert 18% 17% 17% 19% Warner Bros .. 29% 29 29% • 29% Miscellaneous— Airway App .... 17% 17;. 17% 18% City Ice & Fu 38!* 40 Congoleum 12% 12 12 12 Amer Can 134% 133% 133% 134 Cont Can 60% 59% 59% 60% Curtiss Wr 6% 6% 6% 6% Gillette S R 67% 64% 66% 65% Real Silk 50% 48% 50 49% Ulen 23% 23%
In the Stock Market
ißy Thomson & McKinnon) NEW YORK, Sept. 11.—The fact that yesterday saw the largest number of issues dealt in since July 1 rather clearly points to reviving public interest in the stock market. In July the activity was due to liquidation wheras presently accumulation appears to be the motive. Naturally, brokers’ loans should show some increase to further reflect this outside participation. With the New York Stock Exchange collateral borrowings at the lowest ratio to valuation since records have been kept, rising security loans should afford satsifaction. Incidentally, the ratio is slightly more than half of what it was October 1 last year when it was viewed with so much concern. To have the federal reserve statement disclose increasing commercial loans would be looked upon as even more encouraging in that it would indicate growing industrial and commercial activity. Some improvement in seasonal credit demand was noted in a statement earlier in the week. Mr. Babson’s optimistic prediction for fall business, no doubt, will command considerable favorable attention. We fail to see anything at the moment to deter the upward trend of the stock market, and suggest taking advantage of normal setbacks which may be expected to occur.
In the Cotton Markets
(Bv Thomson & McKinnon) ’ NEW YORK, Sept. 11.—At the opening this morning the cotton market was down a few points on an easier English market. The tone was steady. A big business to start with rapidly decreased in volume. Prices at their lowest were only 10 or 12 points under last night. The disposition to sell the market short is no longer in evidence. Co-operatives are said to be handling considerably more cotton than last year. Mills are buying direct to a greater extent than usual. That partially explains the small volume of hedge sales. Small operators who carry cotton through local banks in the south are also supposed to be long of the actual without selling contracts against it. It gives the market a look of great strength. The weather continues favorable. A few observers are beginning to talk about a top crop. With continued favorable conditions, more will be heard of it. The technical position is not so strong as it has been, but we do not imply that it is soft enough to invite sales. It would be better to call the market balanced, a traders market that should not be pyramided on either side.
Cash Grain
—Sept. 11— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 Vic New York rate, were: Wheat—Weak; No. 2 red. 78©.79c; No. 2 hard. 76677 c. Corn—Weak: No. 2 white. 95Vi(S96Vic: No. 3 white. 94'24195Vic: No. 2 yellow. 92 4193 c; No, 3 yellow. 914/92c: No. 2 mixed. 8947 90c; No. 3 mixed. 8847 89c. Oats—Firm: No. 2 white, 36@37c; No. 3 white. 351r36c. Hay (f. 0. b. country points taking 23Vic or less rates to Cincinnati or Louisville) No. 1 timothy. $16.5047 17; No. 2 timothy. $1547 16: No. 1 light clover mixed. $164/ 16.50: No. 1 clover mixed, $85.50@17: No. 1 clover hay. $17,504/ 18. —lnspections Wheat—No. 1 red. 2 cars: No. 2 hard. 1 car: No. 1 mixed. 1 car. Total. 4 cars. Corn—No. 2 white. 1 car: No. 3 white, 2 cars; No. 4 white. 2 cars: sample white. 1 car: No. 1 yellow, 5 cars; No. 2 yellow, 7 cars; No. 4 yellow. 1 car; sample yellow, 2 cars. Total. 21 cars. Oats —No. 2 white. 9 cars; No. 3 white, 3 cars. Total. 12 cars. Bh Vnited Pl ena TOLEDO. Sept. 11.—Close: Wheat—No. 2 red. 91@92c. Corn—No. 2 yellow. $1.0347; 1.04. Oats—No. 2 white. 434; 44c. Rye— No. 2. 79c Bariev—No. 2. 62c. CloverDomestic prime old. $14.50: prime new. $15.25: orime choice new. $15.60: prim* choice old. $14.80; October. sls 25: December. $15.50: February., $15.75: March. Sl6. Alsike—Cash. sl3: October. $13.25; December. $13.50: March. sl4. ButterFancy creamery. 424; 43c. Eggs—Country run. 254128 c. Hay—Timothy, $1.60 cwt.
In the Air Weather conditions in the air at 9 a. m.: Southeast wind, four miles an hour: barometric pressure, 29.96 at sea level: temperature. 76; ceiling unlimited: visibility, three miles; field good. Coste Trip Delayed Bu United Press NEW YORK. Sept. 11.—A cracked propeller will delay until next week at least, the proposed country-wide good-will tour of -Major Dieudonne Coste and Lieutenant Maurice Bellonte. The ocean-flying Frenchmen have cabled to Paris for anew blade, and it is expected here by next Tuesday or Wednesday. Otherwise, the Question Mark seems in perfect condition and ready for the visit Coste and Bellonte will make to various cities in the country. Germans Sail Home Hit f nited l*rex* NEW YORK, Sept. 11.—Captain Wolfgang Von Gronau and his three companions of the Germany-Unit-ed States flight, were homeward bound today aboard the steamship Hamburg. Their Dornier-Wal plane was lashed to the after deck of the ship. Marriage Licenses . Alfred O. Olsen. 29. of 712 West New York, clerk, and Ella M. White. 24. of 1200 West New York, clerk. Orphia Burney. 40. of 1541 Martindale. laborer, and Dannie Wilson. 38. of 1817 Arsenal, clerk. William G. Truex, £2. of R. R. 2. box 385. mechanic, and Ann* L. Eieeelmueiler. 19. *f 4926 Ford.
THE INDIANAPOLIS TIMES
PORKERS HOLD STEADY WITH STRONG TONE Cattle Market Unchanged; Vealers Are Higher at $12.50. 5. 11.00an.35 11.35 4.500 6. 11.00ai1.35 11.40 2.000 8. 11.154i11.50 11.50 5.000 9. 10.904/11.50 11.25 7.500 10. 10.654/11.00 11.10 5.000 11. 10.654/11.00 11.10 • 3,500 Hcg prices today at the Union Stockyards were mostly steady on light and medium weights, few heavy butchers were selling 10 to 15 cents higher than Wednesday’s best time. The bulk, 160 to 300 pounds, sold at $10.65 to sll. Top price was sll.lO. Receipts were 3,500; Holdovers, 766. Cattle market mostly stationary on good and choice slaughter classes, few lower grades held weak.- Receipts were estimated at 800. Vealers were largely $1 higher selling at $12.50 down. Receipts 600. Sheep and lambs active to strong and mostly 25 cents higher, with a better grade of good and choice lambs selling at $9 to $9.75. Receipts were reported at 2.000. Chicago hog receipts 20,000, including 4,000 directs. Holdovers 6,000. Market very slow, general asking held around steady with average. Few early sales were 15 to 25 cents lower. Bids on choice of 250 to 270-pound weights were ranging around $10.75 to $10.90, practically nothing done on weights below 200 pounds. Packing sows in fair demand. Cattle receipts 8,000. Calves, 2,000; market steady. Sheep receipts, 28,000; market unchanged. HOGS Receipts, 3,300; market, steady. —Light Lights—-(l4o-160) Good and choice,...* 9.90® 10.40 —Light Weights—-(l6o-180) Good and choice.... 10.65 (160-200! Good and choice.... 10.80 —Medium Weights—-(2oo-220) Good and choice [email protected] (220-500) Good and choice.... 10.904/11.10 —Heavyweights—-(2so-3501 Good and choice.... 10.654111.00 (290-350) Good and choice. .. 10.254/10.80 —Packing Sows—-(27s-500) Medium and g00d... 2.75® 9.00 (100-130) Good and choice ... 8.50@ 9.50 CATTLE (Slaughter Class) Receipts. 800; market, steady. —Steers—-(6oo-1.100) Good and choice Common and medium [email protected] (1.100-1.500) Good and choice *2 SSSJn'nS Medium )[email protected] —Heifers—-(sso-850) Good and choice Common and medium 5.50® 9.25 Good and choice 5 §®S 1-92 Common and medium 4.50® 5.50 Low cutters and cutters....... 2.70@ 4.d0 —Bulls (yearlings excluded) Good and choice beef 5-52® 1'22 Cutter, common and medium.. 3.75® 5.50 CALVES AND VEALERS Receipts. 600; market, higher. Good and choice .$12.00^/12.50 Medium 9.004/12.00 Cull and common 6.50@ 9.00 —Calves—-(2so-300) Good and choice § 22S 1 2'22 Common and medium 5.00® 8.00 STOCKER AND FEEDER STEERS (500-600) Good and choice 5-92S 2'22 Common and medium %■ ■ 4.00® 6.00 (800-1.050) Good and choice ®-22S 2 n2 Common and medium 4.00® 6.00 SHEEP AND EAMBS Receipts, 2,000; market, higher. Good and choice S ?'22>’ 2’2n Common and medium 5.50® 9.uu —Ewes— _ , „„ Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50
Other Livestock Bu Vnited Pres a CHICAGO. Sept. 11.—Hogs—Receipts. 20.00. including 4,000 direct; slow, unevenly 104; 25c lower than Wednesday s average; packing sows steady to 25c lower; bulk. 190-250-lb. weights. $10.85® 11; top. $11.10; packing sows. [email protected]: few to $9.50; light lights. 140-160 lbs., good and choice. $9,654/ 10.50: light weights. 160-200 lbs., good and choice. $10.25® 11.25; medium weights. 200-250 lbs., good and choice. $10.754711.10: heavy weights, 250350 ibs.. good and choice. $10.104710.90: packing sows. 275-500 lbs., mediumana good. $8.35479.50; slaughter pigs. 100-130 lbs., good and choice. $8.3569.65. Cattle— Receipts. 8.000; calves. 2,000; yearlings strong to active; early top. sl3; some held higher: all grades selling well at week's advance: heavy steers smw to steady, about at week’s decline: demand running narrow on steers over 1.400 lbs.; best medium weights and light heavies. sl2 ® 12.50; slaughter cattle and veals: Ste.ers 600-900 lbs., good and choice. $11.254713.25; 900-1.100 lbs., good and choice. $10.50@13; 1.100-1.300 lbs., good and choice. s9.sofrS 12.75: 1.300-1.500 lbs., good and choice. $9,504; 12.50: 600-1.300 lbs., common and medium, $6.50 47 1 0.25: heifers. 550-850 lbs., good and'choice. $20@13: common and medium, s6® 10.25; cows, good and choice. So (77:8.25; common and medium, [email protected]; low cutter and cutter cows. $347 4.25; bulls, yearlings excluded, good and choice, beef, $647 7; cutter to medium. $4.5047 6.50: vealers. milk fed. good and choice, sll® 13: medium, $947 11; cull and common. 7.50 @9: stocker and feeder cattle: Steers, 5001,050 lbs., good and choice, $6.75478.50; common and medium. $54*7. Sheep—Receipts. 2,800: steady to strong: native ewe and wether lambs mostly $8.75® 9 to packers: several decks. $9.2569.40 to city butchefs: bucks mostly $7.75 @8.40: throwouts. $5.50 @6.50: rangers unsold: slaughter sheep and lambs: Lambs 90 lbs. down, good and choice, [email protected]: medium. $7.25® 8.50; all weights, common. $56,7.25: ewes. 90-150 lbs., medium to choice. $2.50 4; 4.25: all weights, cull and common. $1.50 @3: feeding lambs, 50-75 lbs., good and choice, [email protected]. Bu Vnilerl Press TOLEDO. Sept. 11.—Hogs—Receipts. 650; market 25c lower; heavies, $10.2547.10.75; mediums. $10.754711: Yorkers, $9479.50; pigs, $909.50. Cattle—Receipts. 75; market. steady. Calves—Receipts, light; market. strong. Sheep—Receipts, light; market, strong. Bu Vnited Press CLEVELAND, Sept. 11.—Hogs—Receipts. 7.000; holdovers, 189; 15@25c lower on 160-250 lb. weights, around $11611.25; best butchers quoted around $11.35. CattleReceipts. 250; ittle change, still slow on cutter steers, but fair demand for grades above common; cutter and common offerings around $6,504/7.85; low cutters and cutter cows. $2.5064.25. Calves—Receipts, 450; market, mostly steady, better grade vealers in active demand upward to sl4 @ls; cull to medium kinds. [email protected] and above, boner calves downward to $5.50. Sheep—Receipts. 2,200; market, fat lambs, steady; bulk $lO down; sheep unchanged. By Vnited Press CINCINNATI. 0.. Sept. 11.—Hogs—Receipts 2.831. including 931 direct held over 140; moderately active, generally steady: bulk better grade 180 to 250 lbs.. $11.1541 11.25: some 280 to 305 lb. averages, $10.75® 11; most 140 to 150 ibs.. $10: medium 150 to 180 lbs.. $100,10.75: sow-s, $847 8.50: bulk around $8.25. Cattle—Receipts. 425: heidover. 650; calves, 300; mostly steady on all classes; few better §rade light weight steers and heifers. sß@ .50 few upward to $10.50; two loads of around 1.225 pound steers, $8.75; most cows. $4.506 5.50: bulk low cutters and cutters. $2.50 6 3.50: bulls draggy few sales, $4,504*5.50; top 600 vealers steady: bulk good and choice. $11@12; lower grades. $6.50610. Sheep—Receipts. 11.000; lamb trade slow at unchanged prices: better grade kinds. $9479.50; medium. [email protected]: common throwouts. $5.50476.50: sheep steady: fat ewes, $2.50@4; culls downward to SI.OO. Bu Times Special LOUISVILLE. Sept, ll.—Hogs—Receipts. 700; market, stead'': 275 lbs. up. $10.35; 175-275 lbs.. $11; 130-175 lbs.. $9 20: 130 lbs. down. $7.40- roughs. $6.90: stags. $6.30. Cattle—Receipts, 200: market, slow, steady; prime heavy steers. $8.50610; heavy shipping steers. [email protected]; medium and plain steers. $5.50® 7: fat heifers. $5.50® 10; good to choice cows. $4476; medium to good cows. $3.50 474: cutters. $34/3.50; canners [email protected]: bulls, 53.05 ®S; feeders. 85.50@7: stockers. s4@6. Calves—Receipts, 300; market, 50c higher: choice. $8.50® 10; medium to good. $668: common to medium. $465.50. SheepReceipts. 300; market, steady; ewe and wether lambs. $8: buck lambs. $7; seconds, $46 4.50: clipped sheep. $2,506 3.50. Wednesday's shipments—Cattle, 46; calves. 300: hogs, none: sheep, none.
JF WILD INSNTMFNT CO j North American Trust Shares A Fixer? Trust US B. Market Lineals 88S4
The City in Brief
Indianapolis police today were asked to assist in locating Delvin Ruthledge, whose daughter is ill critically in Huntington, W. Va. A meeting of the McGuffeyites will be held at 1:30 p. m. Saturday in the Cropsey auditorium of the public library. Congressman Louis Ludlow will speak. Police today were asked to seek Joseph Staley, 53, of Louisville, whose wife, Mrs. Rose Staley is ill. David C. Liggett, executive secretary of the Indianapolis Community Fund, will speak at luncheon of the Altrusa Club at 12:15 Friday in the Columbia Club. Offices of the Pilgrim Holiness church will be moved from Cincinnati, 0., to this city, it was decided Tuesday at a meeting of the general conference in Frankfort, Ind. The city has four Pilgrim Holiness churches. Clarence Wysong, Indiana state insurance commisisoner, was elected president of the National convention of Insurance Commis J sioners at its annual convention in Hartford, Conn., Tuesday, dispatches said today. Sale of the ninety-nine-year lease on the property on the southeast corner of Illinois, and Walnut streets by the General Motor Service Company to the Estates Lean and Investment Cos., Inc., of Indianapolis, has been announced by Claude E. Hixon, 400 Kahn building, realtor. Farewell missionary meeting tonight in Missionary tabernacle will honor Miss Albretta Amis and Miss Lora Dennewitz, who are to sail in October for the British West Indies. They will be stationed on the island of Jamaica. Fifty-one officials and employes of the Big Four railroad were guests at a dinner in Snider inn, eighteen miles east of the city, Tuesday night, honoring Cyrus K. Bunnell, an Indianapolis yardmaster, retired after forty-seven years of service. Louis J. Borinstein, 4137 North Meridian street, was named chairman of the wider scope commission of B’nai Brith at a meeting in international headquarters, Cincinnati, Tuesday. Account of the convention of Rainbow veterans in Paris last July will be given at the monthly meeting of the Marion County Rainbow Division Association at the Howard H. Maxwell home on Millersville road at 6 Friday night by Dr. L. R. Burlington of Attica. Birthday of the national anthem will be observed by the Knights of Columbus luncheon club at the Spink-Arms Friday. Francis-Scott Key composed “The Star-Spangled Banner,” 116 years ago, at Ft. McHenry, Md. Douglas H. White will present the ticket he and his committee have slated for officers of the Exchange Club at the club’s luncheon Friday at the Lincoln. On the following Friday, Sept. 19, Frederick L. Davenport will announce a rival ticket. KILLS DAUGHTERr : SELF W’oman First Locks Husband in Bedroom; Wcunds One Child. DENVER, Colo., Sept. 11.—After locking her husband in a bedroom, Mrs. Helen Rose shot and killed Joyce, her 15-year-old daughter; wounded Rose, 10, another daughter, and then killled herself early today.
Four SAFE Plans By Which Your Money Can Earn More Money 2% . . on checking accounts whenever the monthly minimum balance is SSOO or more. 3% .. on demand certificates of deposit. 4% .. on time certificates of deposit. 4% .. on savings accounts —interest paid May 1 and November i ? beginning monthly, on balances N from $5 upward. These liberal interest rates are in effect at each of the twelve Fletcher Tru§t Banks in Indianapolis. / JFietcher frost Santis 12 OFFICES Main Office—Northwest Comer Pennsylvania and Market Streets - FLETCHER SAVINGS AND TRUST COMPANY IS A VOLUNTARY MEMBER ■■■ ' -
WHEAT PRICES ARE DOWN ON BEARISH NEWS Strong Rallies Fail to Help Grain Market Near . Day’s Close. Itu United Pretrg CHICAGO, Sept. 11.—Strong rallies in wheat and corn as the Board of Trade closed today failed to offset the early declines that saw al deliveries of wheat fall to new low levels for the season and corn drop sharply. Selling had been persistent throughout the day on the bearish construction placed on the government report. Cor nshowed the most strength during the day, but both grains clbsed lower. Oats trailed the major grains at a distance. * * Liverpool Weak At the close wheat was 1% to 1 % cents lower, corn was 1% to 1% cents lower and oats were Vis to % cent lower. Provisions were unevenly higher to lower. Liverpool continued to decline and closed 1% to 2 cents lower. Some support on the early decline, but there was no disposition on the part of the trade to buy in volume and the t7sne throughout the morning was heavy. Cash prices were % to 2 cents lower. Receipts were 33 cars. Corn was weak on the overnment report and declined about 2c at the start. The market showed a better resistance to selling pressure than wheat and recovered nearly one tent of the opening decline by midsession. Trade quieted down after the start. Oats Declined Buying was on renting orders and commission house reports. Cash prices were 1% - ? cents lower, and receipts were eixty-one cars. Oats declined with the other grains at the start, but the losses were confined to the major fractions during the morning. Trade was rather quiet, operators watching wheat and corn. Local industries were good cash buyers. Cash prices were Vs to 1 cent lower. Receipts were seventy cars. Chicago Grain Tabie —Sept. 11.— WHEAT— Prev. Open. High. Lew Close. Close. Sept.. .82.’/* .82% .81% .82% .83%. Dec.. .87 .87% .86% .87% .88'.* Mar.. .90% -91% .90 s # .90% .92% May.. .94 .94'/* .93% .94 .95% CORK - Sept.. .95 .96% .95 .95 % .97 Dec.. .90 .9)’* .89% .90% .92'/* Mar.. .921* .93% .91% .92% .94 May.. .94 .95!* .94 .941* .96% OATS—- | Sept.. .38% .38% .38% .38% .39 (Dec.. .42 .42 * .42 .42% .42% i Mar.. .44% .44!* .44 .44% .44% iMay.. .46 .46 .45% .45% .46% | RYE—- : Sept.. .55% .57 .55% .51 .57 Dec.. .60% .61% .80% .61% .62% Mar.. .65% .65% .65% .65% .65% ; May.. 67!* .68% .67'/* .68% .69'% ; LARD— I Sept. 11.37 11.59 11.32 11.50 11.40 Oct.. 11.35 11.45 11.32 11.45 11.42 Dec. 11.15 11.15 11.05 11.15 11.22 Jan. 11.20 11.20 11.07 11.10 11.22 j Feb 11.10 11.22 i BELLIES—- | Sept. 14.50 14.55 14.50 14.55 14.45 ! Bn Times (ioecial | .CHICAGO, Sept. 11.— Carlots: Wheat, j 11: corn. 102: oats. 47. I tin t.'iiitrd Press CHICAGO. Sept. 11.—Cash grain closeWheat—No. 1 hard. 85% @BS Vic CornNo. 2 mixed. 97%@97%c: No. 3 mixed. 96%@97c: No. 4 mixed. 96Vic: No. b mixed. 96c: No. 6 mixed. 96%c; No. 1 yellow. 97 % ffi 97 1 ic: No. 2 yellow. 97® 98c No. 3 vellow. 96%c; No. 4 yellow. 96% ® 96%c: No. 5 vellow. 96c: No, 6 vellow. 95c: No. 2 white. $161.01: No. 3 white. SI.00%: sample grade. 81@90c. Oats—No. 2 white, 39’ 2<d 39%c: No. 3 white. 39%@39%c: No. 4 white. 38 Vic. Rye—No. 2. 59® 62c. Barlev—s3@73c. Timothy—[email protected]. Clover—sl647 23.50. ;
Dow-Jones Summary
LONDON—New York cables opened at $4.86%: unchanged. Paris checks. 123.82: Amsterdam. 12.077; Italy. 92.835; Berlin. 20.415. August prelim British foreign trade figures shows imoorts 79.923.090 pounds, against *3.230.000 pounds in July and 100.993.000 pounds in Aug. 1, 1929. Exports 42,777.000 pounds, against .70.716.000 pounds in Joly and 63.043.000 poends in August last year. Reexports in August, 6.342.000 pounds against 6.663.000 pounds )n July and 9.020,000 pounds in August. 1929. 1 President Sarnoff of Radio Corporation savs business outlook of company for last half year 1930 considerably improved over earlier months of year. Canadian Pacific Railway gross for first week of September. $3,951,000 increase of SIO,OOO over same week. 1929 For period Jan. 1 to Sept. 7. gross $113,757,000 decrease $24,886,000. Simmons Company In six months ended June 30. earned 15 cents a share: August sales $2,917,405, against $4,163,149. Eight months $22,496,967, against $26,691,871. Armstrong Cork In six months ended June 30 earned 62 cents a share. Airway Electric Appliance Corporation declared a dividend of 31% cents on common and regular quarterly of $1.75 on preferred. both payable Oct. 1: record Sept. 20. Previous Quarterly dividends of 62% cents were paid on common. Ros) Gear and Tool Company declared a auarterly dividend of 50 cents on common placing issue oh $2 annual basis against S3 previously. Dividend is payable Oct. 1 record Sept. 20. International Paoer and Power Company declared regular auarterly dividends of $1.73 on 7 per cent and $1.50 on 6 per cent preferred stock, both payble Oct. 13. record Sept. 25. International Paper Company declared regular quarterly dividends of 51.73 on 7 per cent and $1.30 on 6 per cent preferred stocks; preferred stocks both payable Oct. 13. record Sept. 25. General Water Works and Electric Corporation declared regular auarterly dividends of 50 cents on class A common. 51.75 on $7 preferred and $1.62% on $6.50 preferred, payable Oct. 1. record Sept. 15. Holders of class A common have option of applying dividend to purchase of additional stock at S2O a share. Association of cotton textile merchants report sales of cotton cloths in August were 107.6 Der cent of production with shipments 105.7 per cent of production. Stocks on hand decreased 2.8 per cent during the month while unfilled orders were up 1.8 per cent. Output teas 29 per cent less than August. 1929, but 5 per cent more than July. Chesapeake & Ohio authorized by I. C. C. to aenuire and operate Wellston and Jackson Belt Railway and Pomeroy Belt Railway both located in Ohio. Chicago & Alton freight loadings In first seven days of September 7.155 cars, against 10.788 in preceding week and 8.308 year ago. Directors of St. Lawrence Corporation have extended date for exchange of shares of Brompton St. Lawrence Paper and Lake St. John shares into those of St. Lawrence Corporation until Oct. 9. Department of Agriculture estimates corn crop as of Sept. 1 at 1.983,000,000 bushels, against 2,212,000,000 on Aug. 1, and , o-year average of 2,700.000,000 bushels against 821,000.000 and 833.000,00 respectively. Oats. 1,391.000.000. against 1.316,000,000 and 1,372,100,000 respectively. Canadian wheat crop 381,769,000 bushels, against 284,016,000 bushels last year according to Dominion Bureau of Statistics. Bank of England statement week ended Sept. 11. shows circulation 361,326,000 pounds, against 362,982,000 pounds Sept. 4. Ratio 50 per cent against 47.7 per cent. Bullion 156.573,000 pounds against 155,521,000 pounds. Bank of France statement week ended Sept. 5, shows gold 47,477.000,000 francs, against 47,241.000,000 Aug. 29. Circulation 73.453.000,000 against 73,676.000,000, Ratio 52.53 per cent against 51,62 per cent. Fisk Rubber Chicopee Falls (Mass.) plant on Monday will increase its production schedule for five days a week from four. The change affects 1.700 employes. The four days’ schedule has been in effect several months. New' York Stock Exchange ratio of member borrowings to value of listed securities declined 0.18 per cent in Aug. to 5.31 per cent. Year ago ratio stood at 8.79 per cent. Market value of all listed shares on Sept. 2 to taled $67,721/,86.999, against $67,221,337,495 on Aug. 1. Bank of England rediscount rate unchanged at 3 per cent. Regular Columbia Pictures Corporation declared regular quarterly dividend of 37% cents on common payable Oct. 2; record Sept. 1.
.SErT. 11,1930
CORN ESTIMATE IS BELOW TEN YEARJWERAGE Wheat Production Is Higher Than Last Season on Crop Report. Bu United Press WASHINGTON. Sept. 11.—The 1930 com crop was estimated at 1,982,765.000 bushels in a general crop report as of Sept. 1, issued by the agriculture department today. This compares with a yield of 2.614.000,000 bushels last year and a five-year average of 2,700,000.000 bushels. The conditions was reported 51.6 per cent of normal, compared with a ten-year average of 77.7* per cent. Wheat Yield Lp Total wheat production was estimated at 837,761,000 bushels, compared with a yield of 806.000.000 bushels last year and a five-year average of 883.000,000 bushels. The production of Durum wheat was forecast at 50,950.000 bushels, on the basis of 69.8 per cent of normal, as against 52,000,000 bushels last year. Production of other spring wheat was forecast at 189,419,000 bushel# on a basis of 63.1 per cent of normal, compared with 176,000,000 bushels in 1929. Winter wheat yield was forecast at 597,000.000 bushels. The production was 578,000,000 bushels. Oats production was forecast at 1.390.892,000 bushels on a basis of 80.3 per cent of normal against 1,234,000,000 bushels for 1929. Rye production was forecast a 8 46,700,000 bushels. The 1929 production was 40,500,000 bushels. Barley Higher Barley production was forecast at 323,000,000 bushels on a basis of 74.1 per cent of normal. The 1929 production was 304,000,000 bushels. Other production forecasts weic: Buckwheat. 8.500.000 bushels: fiaxsced, 24.600.000 bushels: rice. 38.300.000 bushels} grain sorghums. 82.000.00 bushels: hav. all tame. 82.100.000 tons: hav wild. 12.060.000 tons: hav. alfalfa. 27.400.000 tons: beans, drv edible. 19.500.000 bushels; peanuts, 736.000.000 nounds: apples, total crop, 146.000.000 bushels: peaches, total cron, 48.500.000 bushels: nears, total crop. 24 - 600.000 bushels: cranes. 2.330.000 tons' potatoes, 339.000.000 bushels: sweet potatoes. 63.100.000 bushels: tobacco. 1.421.000.001) pounds: sugar beets. 8,220,000 tons; broomcorn. 53.600.000 tons.
Local Wagon Wheat
City grain elevators are paving 77c lor No. 1 red wheat and 75c for No. 1 hard wheat. SECRETARY OF NAVY IS INVITED TO CITY PARLEY Adams May Address Annual Foreign Trade and Marine Session. Secretary of Navy Charles F. Adams has been invited to address the tenth annual midwest foreign trade and merchant marine conference when it oppns for a two-day session at the Claypool here Oct. 27. Attendance of 250 exporters from sixteen states is expected. Other speakers agreeing to attend include Will Hays, motion picture head, and T. V. O’Connor, United States shipping board chairman. Veterans in Reunion Bji Times Sne.ciol MARION, Ind., Sept. 11.—The forty-ninth annual reunion of Morton's Rifles, a unit of the Thirtyfourth Indiana volunteer infantry during the Civil war, was heid here today.
