Indianapolis Times, Volume 42, Number 112, Indianapolis, Marion County, 18 September 1930 — Page 14

PAGE 14

STOCKS OIP AS SALES VOLUME > SHOWS SLUMP

Losses Range From 1 to 4 Points; Steel Shares Arc Weak.

Average Stock Prices

Average of thirty industrials for Wednesday ss 237 74. off .52. Average of twenty rails was 130.56 off 08. Average of t jrntv utilities was 87.31. uo .10. Average of forty bonds was 97.36. up .09. Bv L nited Prt a* NEW YORK. Sept. 18.—Reactionary tendencies prevailed on the Stock Exchange today, with trading slumping off to the smallest totals since 1928. With only one or two exceptions, prices were down 1 to 4 points. United States Steel around noon was at 167 T *, off 1U; American Can, 127 off 1%; General Electric, 70 i. off ’i; Westinghouse Electric, 148':, off l'i; Worthington Pump, 123, of! 4 VI-, and General Motors, 44, off Utilities lost fractions to more than a point. Electric Power and Light was at 73. off l'i; American and Foreign Power, 70%, off 1%; American Waterworks, 99, off 1 Vs , and American Telephone, 215, off 1%. A feature of interest was Agricultural Chemican preferred, w'hich soared 6'i points to 4110, anew 1930 high, while the common declined to anew low for the year at 4'a, off l’i. The reason for these opposite fluctuations was the plan of re- | organization of the company's capi- j talization announced today.

Bank Clearings

—Thursday. Sept 18.— INDIANAPOLIS STATEMENT Clearings $ 3.085 000.00 i Debit. 7,0H,000.00 j CHICAGO STATEMENT Clearings $ 77 300,000 00 Balances . 6.000.000.00 NEW YORK STATEMENT Clearings .$1,047,000,000.00 Balance 170.000,000.00 rdl Res. Bk Cr Bal 150.000,000.00 TREASURY STATEMENT Net balance for Sept. 16 $ 281.794,173 04 Expenditures 36,750.680 80 Customs red mo to date 18.072,295 97

New York Bank Stocks

—Sept. 18— Bid. Ask America .97 99 Bonk of United Sttaes. 4040 * Bankers 155 lag Brooklvn Trust 720 730 Central Hanover 352 356 Cha;e National 145 146 Chatham Phoenix Natl .. 10i 109 Chemical .55 * .®7, - Citv National 169 161 2 Corn Exchange 175 177 Commercial 420 430 Continental 28 "9 Empire 79 8 ! First National 5.050 5.125 Guaranty 640 64j Irvine 50 51% Manhattan A- Cos 113’.i 114 Manufacturers f 7 g* \New York Trust 253 -56 Public Ut. 195 199 2 Chelsea 94 97

Net Changes

Bu United F'e" r NEW YORK. Sept. I l ?.—Closing prices anti net changes on principal stocks traded on the New York Stock Exchange today were as follows : Up. Off. American Can 126J' ■ •}% Amrr and Foreign Power. 69-* j ) Anierlean Telephone 214 '2 is Auburn I> 9 ?'* Bethlehem J* • 1 Columbia Gas .. ■ 63 1 1 ■■ , Consolidated Gas 19 ' %’ Elec Power and Light 72% Fox Film < A> I- 48% Oenerel Electric < 9 % Cteneral Motors 43 a . • * International Nickel -5 ... , Loews, tnc 77 * ••• * t 4 National Power 46; a ... * North American 103;? ••• r.r Public Service 92U ... 1 1 •Radio 9 8" •• • Standard Oil. New Jersey.. 68% ... ’a Union Carbide 7 J,, ••• *.* United Corporation 9 ?% ... United States Steel 0 16 7 Vanadium 85 2 ... 1 a Warner Brothers Pictures. 29'. ... Weslinghouse Electric 14 i t - New York Curb Market ißv Thomson & McKinnon) Sept. 18— Close' Close Am Com Pwr A 20 (Int Super ... . 39% Am Gas & El.. 127 Int Pete 19 Am U & Tr.... 62 Midwest Ut .... 28N Ark Gas 9', Mo-Kail Pipe... 19% Avdation of Am 35% National Inv ... 13% Can Marc 4'. N a Hud Pwr... 16!. Cities Serv 28% Niles 29 Cons Gas 116 Noranda ....... 22 Cord 7 % Pantepec 3* nixie Gas 23 I Penroad 10% Elec Bond Sli.. u Prince & Whtlv. 10 Fokker . I 7 '- Shenandoah ... 10 Ford of Can 28 Std of Ind 49 Ford of England 20’. Std of Kv ..... 30’. Ford of France 12 Un Gas mewl.. 15% Fox Theater . J’i Un Lt & Pwr.. 39% Goldman Sachs 18V Ut In Ind 13* Gulf Oil 117'.• Ut Pwr 19 Hudson Bav .. 7'.- Vacuum Oil .... (7% Humble Oil. .. 88', Walgreen 30'. Instill Ut 56'.

In the Cotton Markets

■Bv Thomson A- McKinnon I NEW YORK. Sept. 18.—The cotton market promised very littl at the opening this morning. Prices were about even with the previous close, but the tone was steadq. Business picked up gradually and in the second hour some big lots were purchased by brokers supposed to be acting for spot houses’.' At the start of an upturn amounting to 10 or 12 points local traders appeared to be short of the market. Business was said to be better in the far east. Southern mills are shopping about for cotton. There is a feeling that the farm board is getting a firmer hold on the situation. They are going about systematic organization, and meetings to discuss next year’s program are announced for the latter part of the month. In the early afternoon locals sold, some hedge selling and the failure of the trade to follow up its buying set the market oack to opening prices. We see nothing at present but a trading market.

Cash Grain

—Sept. 18The bids for car lots of sraln at the rail of the Indianapolis Board of Trade. : o. b . shlppolnc point, basis 41'jc New York Rate, were: Wheat—Firm: No. 1 red. 81'"92’ 2 c. Corn—Finn: No. 2 white. 92t4fi93'ac: No 3 white. 91' 2 d92' 2 c; No. 2 yellow. f*'.<xß9‘jc: No. 3 yellow. 97' 2 o88'jC: No. 2 mixed. 85'; 3 86'jc: No. 3 mixed. 84' a n "oat's— Firm: No. 2 white. 34’ 2 ei35’ac: No. 3 white. 3S’ 2^34 , ic. Hav—Steady: tr. o. b. country points takine 23’*c or lesa rates to Cincinnati or Louisville.* No. 1 timothy. $16.50 l *il7: No. 2 tlmothv. $15'16: No. 1 liaht clover mixed. sl6 S 16.50: No. 1 clover mixed. 516.50&1T: No. 1 clover hay. 517.505U8. —lnspections Wheat—No. 3 red. 2 cars: No. 2 hard. 9 cars: No. 1 mixed. I car. Total. 12 Corn—No. 2 white. 1 car: No. 3 white. 2 cars. No 4 white. 2 cars: No. 5 white. 1 car: No. 1 yellow. 7 cars; No. 2 yellow. " cars; No. 3 yellow, 3 cars; No. 4 yellow. 1 car; sample vellow. 1 car. Total. 25 a oat—No. 2 white. 8 cars. Total. 8 cars. Rve—No. 2 3 cars. Total. 3 cars Hay—No. 3 timothy. 1 car. Total. 1 cat.

New York Stocks — 'By Thomson A McKinnon 1 —————

—Sept. 18— Prev. Railroads— High. Low Close, close. i Atchison 219 217% 219 219,4 Atl Coast Line 138 Balt & Ohio . .100 99-, 100 ... j Chesa & 0hi0... 43 48% 48 , 49'. I Chesa Corp ®3> ... Chi Grt West 1?, 10U CRI & P 9s a 97 Del L <fc W 113’.- 113 a Del Ac Hudson •• • l 6a * Erie 41 40 41 ... [ Erie Ist pfd ,?? 4 Illinois Central IH’ H 5 Kan City So ®7V ••• . Lou Ac Nash 118 118., MKAc T 40’, 39% 39% 40 Mo Pacific pfd.. .. ... 120 120 N Y Central ...162% 161% 161% 16 NY NH Ac H 106 106 U Norfolk Ac West. . ... ... 231 Pennsylvania ... 74 73 <3 73% So Pacific ■ 11 111-* Southern Rv.... 85 84% 84 s , 88 St Paul ... 1* I s * St Paul pfd 22% 22 1 j 22% 22% St L Ac S F 88 88 Union Pacific ..217% 216'., 216'', 217 Wabash 32 1 4 ... 32’ 32 W Maryland 23’,2 24 Equipments— Am Car Ac Fdv. 48‘a 48 48 48% Am Locomotive.. 41 4040 40 Am Steel Fd 38% 38 38% 39 Am Air Brake S .. ... ... 43 Gen Am Tank.. B>-s 87', 87'a 87 a Gdneral Elec 71 s , 70% <0 S <l% Oen Rv Signal Lima Loco .... N Y Air Brake. . . .. .40 40 Press Stl Car.. 7% 7 < 'c;,, Pullman ...... 66’2 66 66 66,2 Westingh Ar B. 40 39% 38% 39^2 Westlneh Elcc. 149*a 147‘ 14<. 139.4 Rubber*— Firestone • 2 § 2 2 Fisk . . 2 * 2 Goodrich 22% 22% 22% Goodyear 54 % 53% 53 a t Ailburn 123'a 117% 118’. 124 J. Chrysler 27 s . 27 . 27 . 2i , Graham Paige. 5% a 3 . 5s 5 , General Motors 44 5 , 43% 43, s 44 , Hudson 23% 29% 29 s . 29 s . Hupp 13 12 s . 12_ J?, 4 Mack 58 57 3 4 5i 3 . 58 s Nash 34' 2 34 34 •• • 7 Packard 13'., 12% 1- l2 a Pierce-Arrow •• ?i% Reo H 12% 13'. 14 Studebaker . .. 31 7 a 30% 31’. 30 , Yellow Truck... 21'2 20 s , 20• 21 , .Motor Access — Am Bosch £ 8 Bendix Aviation 31'4 31 31 32 Borg Warner ... 28 1 28 78 28 2 Briggs 19'a 1? 4 19 . F.aton 23 22 3 . 23 Hayes Body ... • • 83 Houda 9'a 9 9 9 4 Motor Wheel ... .. ••• 33 4 2-,* Sparks W ...... 19% 18'2 .18 a 20 Stewart. Warner. . • 26 4b Timkin Roll .... 68 67',2 68 68 Am Metals 29', 29 29 ... Am Smelt 65% 64“a 64 a 65-< Anaconda Cop .. 45'2 44% 44 4 45 2 Cal A: Hecla.... 13'a 12% 12% 13 Cal Sc Ariz 49 49 Cerro de Pasco. 45 44 44 45 Domes Mines .... 9% 9 9 9 Freeport Texas.. 45'e 45 45', 46 Granby Corp ... 21% 21% 21% Great Nor Ore ~ 21-la Howe Sound .... 29% 29''a 29% 30 Int. Nickel 26% 24 1 a 25 -6 Inspiration If,, if,, Kennecott, Cop.. 34% 34 34 a 34 Magma Cop 31% 31'.a 31'/* 31 a Miami Copper }5 11% Nev Cons 14 3 a 14 14' 13 a Texas Gul Sul... 587, 58% 58 s , 58% V S Smelt 20 3 4 21 Oils— „,,, Amerada 24% 24 -4 24 * Am Republic ■ 16’ J 6% Atl Refining .. 32 s a 32’ 321 t 32% Barnsdall 22'2 22'a 22', 2„ s Houston . ...... 75 73% <3% <5% Ind Oil 24 23 5 , 23 3 4 24 Indian Refining 13% 12% 13 13' Mcx Spd 23 s , 22’a 33Vi 23*. Mid Conti 234 23'a 23'a ... Pan-Amer <B* ... 53 54 Phillips 32'4333,1 3 ,32 U 32 3 a Pure Oil 19 3 4 19% 19 3 4 18 s , Richfield 16', 15% 15 3 4 16', Royal Dutch . . 48', 48', 48 3 , 48 3 , Shell Un 14 s i ... Simms Pt 19% 19% Sinclair 21% 20% 20%, 21% Skelly • - • - • 26% Standard of Cal. 60% 60’, 60% 60 3 , Standard of N.l 69% 68% 68% 69 Standard of N V 30% 30% 30’, 30% Texas Cos 51 s , 51% 51% 51 s , Union Oil 39% 40 Steels— Am Roll Mills... 49% 45% 46 s , 49% Bethlehem 88% 87% 87% 88% Bvers A M 74% 72 72 74% Colo Fuel 48 47% 47% 48 Inland 78 ■* Ludlum 21 % 22 Midland 30% 30 30% ... Repub IX: 5...333,6 3 , 35'2 30% 36% U S Steel 169% 166% 167_ 169', Vanadium 87% 85% 85% 86’, Youngst SA W ill 38'i 39 -, 39 Youngst S As H .•• HO Tobaccos— Am Sumatra 11% Am Tob Anew. 120% 119% 119% 120 Am Tob B new. 124 122% 1-2% 123% Con Cigars 36 ... General Cigar.. _• Jb Lie A- Mvers B 101 99% 99% 10 % Lorillard .. 21%--s,0 s , 20 -1 Reynolds Tob .. 52'' 2 51% 51 '2 52% Std Com Tob... 4% 4% 4% ••• Tob Pr A 12% Tob Pr B 4% 4' 2 4% 4 2 United Cig 7V, 7 7 7, 4 Utilities— Abitibl *; 22 26’, Adams Eiqi 26% 26% 26 2 ... Am For Pwr 71 69% 69% 71 2 Am Pwr & Li. 85% 82% 84 , 85 A T A: T . 216% 214% 214% 216% Col Gas At E 1... 64" j 62V, 63% 63% Com A: Sou 14 13% 13% H FI Pwr A- Li 74ft 72% 72 s , 74% Gen Gas 9% 9 2 IntHT & T 42% 41% 41% 42% Natl Pwr A; Li. 47% 46'- 2 46 3 , 47' - NnAmerCo.. 105 3 , in.3'2 103%. 106 Par. Gas & E 1... 60% 59 59 60% Pub Ser N J ... 94 92% 92% 93% So Cal Edison .. 59% 58*, 59 59% Std GAv El 104 101% 101% 104% United Corp ... 33% 33% 33% 33% Ut Pwr &LA.. 38 36", 36% 36% West Union 170% 172 Shipping— , Am Inti Corp .. 36% 35% 35% 36% Inti Mer M pfd 21% ... United Fruit ... 84% 84% 84% 84 Foods— Am 3ug 51% 51% 51% 51'', Armour A 5% 5% 5% 5% Cal Pkg ... 63% 63% Can Dry 64’, 64 64 65 Childs Cos 52 ... 52 52*% Coca Cola 186% 184', 184% 186'. Coni, Baking A.. 29% 28-% 29% 29% I Corn Prod 90% 89 3 4 89% 90%

Produce Markets

Eggs (Country Runt— Loss off delivered in Indianapolis. 24c: henery duality No. 1 29c: No. 2. 16c. Poultry (Buying Prtcsei— Hens, weighing 5 lbs. or over. 20c: under 5 lbs.. 18c; Leghorn hens. 14c: springers. 4 lbs. or over. 21c or under 4 lbs.. 19e: Leghorn springers. 17c: old cocks. 9®loc: ducks, full feather, fat whites. 9c: geese. 6e. These prices are for No. 1 top duality, duoted by Kingan & Cos. Butter (wholesale! —No. 1. 42®43c; No. 2. 403 41c. Butterfat—4lc. Cheese (wholesale selling price per pound I— American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 37c; Longhorns. 34c: New York Llmberser. 36c. Bu 'United Pres* NEW YORK. Sept. 18.—Flour—Quiet and firmer; spring patents. $5®5.35. Pork— Dull. Mess $32.50. Lard—Firmer: middle West—Spot. $12.10312.20. Tallow—Quiet; special to extra. 5@5%c. Potatoes —Dull and easy: Long Island, $1.50(33.90 per bbl.; Maine. $2.75*3.55 per barrel: Jersey. $1.25 3 3.25 per basket. Sweet Potatoes—Steady: Southern baskets. $1.25: Southern barrels. $334. Jersey basket, 75c<352.25. Dressed —Poultry, quiet; turkers. 22 350 c; chickens. 203 40c: fowls. 133 30c: ducks. 15@26c; ducks. Long Island. 17320 c. Live Poultry —Steady to firm: geese, 12@16c; ducks. 15326 c; fowls, 18330 c; turkeys. 30340 c; roosters. 12313 c; chickens. 183 28c. Cheese —Dull: state whole milk, fancy to special 24@26c; Young Americas. 20@25c. Bu United Press CHICAGO. Sept . 18.—Eggs Market, steady; receipts 7.812 cases; extra firsts. 26'jc; firsts 25' 2c; current receipts, 233 24%c; ordinaries. 1832'' seconds. 123 18c. Butter—Market. -adv; receipts. 4.688 tubs; extras, 38%c: extra firsts. 373 37%c: firsts. 35%@36%c: seconds. 333 14c; standards. 38%e. Poultry—Market, steady: receipts. 2 cars; fowls, general run. 22';c: springers. 21c: Leghorns. 15c: ducks. 19c; geese. 17c: turkeys. 18c: roosters. 15c; broilers. 22c. Cheese—Twins, 18@T8%c; Young Americas. 19c. Potatoes—On track. 385: arrivals. 77; shipments. 755: market, dull: Minnesota sacked Irish Cobblers. $1 8052.05: Idaho sacked Russets, $2,503 2.75: Wisconsin sacked Irish Cobblers. $232.25. Bu United Press CLFVSLANL. Sent. 18—Butter—Extras, 38%c: standards. 38'jc. Eggs—Extras. 33c: firsts. 26c. Poultry—Fowls. 25c: medium. 23c: Leghorn. 140 16c: heavy broilers. 20'-: 22c: Leghorn broilers. 18321 c; ducks. 10 320 c: old cocks. 14316 c: geese. 20c. Potatoes—Maine Green Mt.. $2.7532.85 per 120-lb. sack: Idaho Russet Burbanks. $3.25 per 100-lb. sack. Bu United Press CINCINNATI. Sept. 18.—Butter—Steady: creamery In tub lots, according to score. 36®39c: common score discounted 233 c; packing stock. No. 1. 30c: No. 2. 25c: No. 3. 15c: butteifat. 38540 c. Eggs—Steady; cases tncluded: Extra firsts. 28 %c: firsts. 26c: seconds. 24c: nearby ungraded. 26c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 23c: 4 lbs. and over. 22c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over. 16c; roosters. 13c: colbred fryers over 3 lbs.. 26c: broilers, colored, over 2 lbs.. 25c: broilers, over 1% lbs.. 23c: 1% lbs. and over. 23c: Leghorns and Orpington broilers, over 1% lbs.. 20c: 1% lbs. and over 20c: broilers, partly feathered. 153 18c: roasting chickens. 4 lbs. and over. 26c; black springers. 16c. Visitors at De Pauw GREENCASTLE, Ind., Sept. 18.— Among visitors at De Pauw university campus for the opening day of the term were Mrs. Edward Rector, widow of Edward Rector. De Pauw's greatest benefactor, and Mrs. George R. Gross, wife of Bishop Grose 1 , a former president of De Pauw. v

Com Wheat 43% 43 43 Cudahy Pkg 33 Gen Foods 57% 56% 56’4 57% Grand Union 16 16 Hershey ... ... 96% Kroger 31% 30 30 31% Nat Biscuit 84% 8114 84% 84% Plllsburg 33% Safeway St 72 70% 70*, 73’, Std Brands 20% 20% 20% 20% Ward Bkg 9% 9% 9% 9", Drags— Cotv Inc 17% 16% 1 4 17 Lambert Cos 95 93% 94% 94% Lehn Ar Fink ... 28 28 Industrials— Am Radiator .. 26 s , 26% 26% 28% Bush Term 35% 35% 35% 35% Certalnteed ... ... 6% Oen Asphalt .... -42% ... 42% 42', 2 Otis Elev 69% 68% 68", ... Indus Chems— Allied Chem ....271 269% 289% 271% Com Soiv .... 26% 25% 25 5 , 26% Union Carb 77 74 5 , 75 77% U S Ind Ale 172% Retail Stores— Assoc Dry Gds. - 35% 35 35 35% Gimbel Bros ... 12 11% 11% 11% Kresge S S 31 30% 31 31 Mav D Store 43% . . 43% 44% Mont Ward 36% 35% 35 s , 36% Penv J C 53 Schulte Ret St 7% ... Sears Roe 70% 68% 69% 71% Wool worth 66 64% 65 66% Amusements— Bruns Balke ... 16 ... 16 16% Col Graph 17% 1?% 16 s , 17% Crosley Radio .... 16 Eastman Kod ..214% 212 213 216 Fox Film A 50 48 48% 49% Grigsbv Gru ... 8% 7% 8 8% Loews Inc 77’, 76% 77% 78% Param Fam 59% 58% 58’, 58% Radio Corp 39% 38 s , 38 s , 39'-R-K-O 34% 33% 33% 34% Schubert 15% 15 15 Warner Bros ... 29% 29 29’, 29% Miscellaneous— Airway App 17% 16% 16% 17%' City Ice As Fu 39 f2 Congoleum 11 11 Am Can 129% 126% 126', 129% Cont Can 58% 57% 57% 58% Curtiss Wr 6% 6’ 2 6% 6% Gillette SR 66% 64% 64% 65% Real Silk 47 42 s , 44% Ulen 22% ... 22% ...

Dow-Jones Summary

LONDON—New York cables opened at 4.86 5-32 against 4.86 1-32, Paris checks. 12.73: Amsterdam. 12.065; Italy. 92.835; Berlin. 20.40. General Motors August domestic sales to consumers 86,426 cars and trucks against 80,147 in July and 151.722 in August, 1929. Eight months 824,402 against 1.146,552. Domestic sales to dealers 76,140 in August against 70,716 in July and 147,351 in August, 1929. Eight months 826,428 against 1,233,846. Pacific Gas and Electric Company declared regular ouarterlv dividend of 50 cents on common payable Oct. 15. record Sept, 30. New York Air Brake declared regular quarterly dividend of 90 cents payable Nov 1, record Oct. 7. Canadian Pacific gross for second week S? Dt -.fx„ 5715 - 000 increase of $67,000 over like 1929 week. From Jan. 1. to Sept. 14. gross $118,472,000 decrease $24,819,000. Telautograph Corporation eight months ended Aug. 31. net profit $232,282 after &P, r t& at ‘. on J ed . era ! faxes, etc., against $214,555 In first eight months of 1929. August net profit $29,906 agianst $27,947 in August. 1929. New York Central lines freight loadings and receipts from connections in week ended Sept. 14, 148.142 cars largest w aek since Mav 14. last and comparing ?on h io4 35 t 89 "ifi? r s f n t ' o 0 „ n ' 1 of August and 180.184 for like 1929 week. Long Island Railroad reports for June 30. quarter surplus $1,651,672 after taxes and charges against $1,824,804 in second quarter, 1929. months $1,731,852 against $2,198,354. Shubert Theater Corporation rear ended June 30 1930. net loss $1,231,108 after depreciation amortization and interest against net income of $1,076,377 or $5.33 a share on 201,975 average shares outstanding in preceding year. Date for consummation of Bethlehemf oungstown Steel merger to be extended for thirty days from Oct. 31. Bank of England as of Sept. 18 shows circulation 357.767.09 pounds against 361.320.000 pounds on Sept. 11. Ratio 55.3 per cent against 50 per cent, and bullion 157.510.000 pounds against 156.573.000 pounds. Indiana Pipe Line Company declared usual extta of 25 cents and regular auards:va°csctso24cents ' both Westinghouse Electric and Manufacturarded $1,000,000 contract bv Union carbide subsidiary for four water wheel Ffnc/ators to be installed on the New river. West Virginia. Orders received by accounting machine division of National Cash Register Company on Sept. 17 constituted largest day s volume in nearly two months. Banks, manufacturing concerns and department. stores were among customers who placed orders. Banl rs acceptances decline $10,311,541 47RtQ to H 339.383.765 which is $138.847.619 above total Aug. 31. 1929. August wholesale prices unchanged from •JjjJj - 84 marking halt in steady de?oo n <? U J pri , ce i which started in August, 1929. when index was at 97.7 according to Bureau of Labor statistics. Pittsburgh Forging Company declared f E *"J. a , r ouarferly dividend of 40 cents payable Oct. 25. record Oct. 15. , Peoples Light and Power year ended Julv 31. balance aftfr taxes. $3,784,566 against $3,477,723 in previous year. William J. Hagenah vice-president and general counsel of Standard Gas and Electric Company, elected a director of northern states power companies of Delaware Minnesota and Wisconsin, and also a dlof, Louisville Gas and Electric Companies of Delaware and Kentucky and of Louisville Hydro-Elec Company. Associated Gas and Electric Company declared regular quarterly dividend of 50 a ha , re ° r J -40th of a share of hii s £ st , ock on J the Hass A stock payable Nov. 1. record Sept. 30. Federal Light and Traction and subsidiaries, excluding new Brunswick Power Company, twelve months ended June 30. 1930, earnings $3.03 a share on 474,791 common shares. , lntr °tiucing new Dictator t„ K .i 4 I th prlce range $1,095 to $1,250. against former range of $1,195 to $1,415. ,o^* p J m Portland Cement Company declared regular quarterly dividend of 50 Oct l° n comraon Payable Oct. 25. record Cities Service Company August surplus after preferred dividends and available for common dividends and reserve $3,022 629 against $2,242,475 in August. 1929. For |we lv e months $42,231,929 against $25,604.321 Declared monthly dividends of 2% cents in cash and % of 1 per cent in stock on common payable Nov. 1, record Oct. 15.

In the Stock Market

(By Thomson & McKinnon) NEW YORK. Sept. 18.—More and more clearly is the upward trend of business asserting .tself. The gain over July in August sales to both consumers and dealers as reported by General Motors, is encouraging. While in totals the comparison with August a year ago is not quite so pleasant, the real point is that sales are increasing whereas last year at this time they were dropping. The steel industry shows a similar trend. Wednesday steel operations were repoited at a higher rate, whereas the corresponding week a year ago they declined 3 per cent. According to the department of labor, the downward readjustment in retail prices continues. Retail prices the past twelve months have declined 10 per cent. In' this connection, it is worthy to note the fact that the purchasing power' of the dollars has greatly increased over that of a few years ago. This will go far to offset some of the loss in purchasing power of the farmer, as a result of low priced farpi products. It also applies to labor. The movement on the part of large industrial consumers to place buying orders for raw materials seems to be gaining momentum. This will accelerate confidence in business generally and naturally bring more merit to the stock market. New York Liberty Bonds —Sect. 18— 3’ 2 s 101. Ist 4'.s s 102.7 4th 4*.s 103.6 Treasury 4*.s- 112.25 4s 108.8 2Us 106.11

THE INDIANAPOLIS TIMES

WEAKER TREND FELT IN LOCAL SWINEMARKET Dullness Continues to Rule Cattle Range; Sheep Unchanged. Sept. Bulk. Top. Receipts 11. 10.65511.00 11.10 3.500 12. 10.85&11.5 11.15 5.000 13. 10.754U0.05 11.10 2.500 15. 10.65a 10.95 11.00 6.000 16. 10.45ft10.75 10.85 6.000 17. 10.60610.90 11.00 4.000 18. 10.50S 10.90 10.90 5.500 Weakness again ruled in hogs at the city stockyards today, prices ranging steady to 10 cents lower than Wednesday's average. The bulk, 170 to 300 pounds, sold for $10.50 to 10.90, top price represented by the $10.90 figure. Receipts for the day were estimated at 5,500; holdovers were 993. The tendency in cattle was weak to lower, with a slow movement apparent in all classes. Receipts were 700. Vealers were steady at sl2 down. Calf receipts were 650. Good and choice lambs were steady, selling at $7 to $8 in the sheep market. Tops brought $8.50. Receipts were 1,700. Chicago hog receipts were 23,000, including 10,000 direct. Holdovers were 4,000. Sales above 170 pounds were scattered. Light weights were 10 cents to 15 cents higher; $10.70 to $10.75 bid on 180 to 210-pound weights, 240-pound weights bringing $10.90; few 160 to 170-pound weights, $10.50 to $10.55. Cattle receipts were 6,000, the market steady; sheep receipts 17,000, steady. HOGS *■ Receipts, 5.504); market, higher. —Light Lights—-(l4o-160) Good and choice... slo.oo® 10.25 —Light Weights—-(l6o-180) Good and choice... 10.40 ft 10.50 (160-200) Good and choice.... 10.60ft10.70 —Medium Weights—-(2oo-2201 Good and choice ... 10.70® 10.80 1220-500) Good and choice ... 10.75510.80 —Heavy Weights—-(2so-350) Good and choice .. 10.80ft10.90 (290-350) Good and choice... [email protected] —Packing Sows—-(27s-500) Medium and good.. B.oo@ 9.25 (100-130) Good and choice. 9.00® 9.50 CATTLE (Slaughter Class) Receipts, 700; market, steady. —Steers—- . (600-1.100) Good and choice $10.50®12.75 Common and medium 6.00® 10.50 (1.100-1.500) Good and choice 10.00® 12.50 Medium [email protected] —Heifers—-(sso-850) Good and choice 10.00ftY2.30 Common and medium 6.00® 10.00 Good and choice 5.75® 7.50 Common and medium 4.25 ft 5.75 Low cutters and cutters 2.50® 4.25 —Bulls (yearlings excluded) Good and choice beef 5.50 ft 7.00 Cutter, common and medium.. 3.75 ft 5.50 CALVES AND VEALERS Receipts, 650; market, steady. Good and choice $11.50ft12.00 Medium B.oo® 11.50 Cull and common 5.00® 8 OO —Calves—-(2so-300) Good and choice [email protected] Common and medium 5.00® 8.00 STOCKER AND FEEDER STEERS „ J ' (500-600) Good and choice 5.50® 7.50 Common and medium 3.75® 5.50 (800-1.050) Good and choice ' 5.50® 7.50 Common and medium 3.50® 5.50 SHEEP AND LAMBS Receipts. I.7oo:market, steady. Good and choice .$ 7.00® 8.50 Common and medium 4.00® 7.00 —Ew'es— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50

Other Livestock Bu United Fress CHICAGO. Sept. 18.—Hogs—Receipts. 2.300; including 9.000 direct: market slow, steady to 15c higher; 150-220-lb. weights up most: top, $10.95: bulk. 180-290-lb. weights. $10.60310.95: packing sows, $8.50 3:9.25; light lights. 140-160 lbs., good and choice. $9.35310.50; light weights. 160200 lbs., good and choice, $10.25310.85: medium weights. 200-250 lbs., good and choice. $10.65310.95; heavy weights. 250350 lbs., good and choice. $10.15® 10 95: packing sows. 275-500 lbs., medium and good, $83.9.50. slaughter pigs. 100-130 lbs., good and choice. $8.2539.35. Cattle Receipts. 6.000: calves. 2.000: narrow, undertone weak to 25c lower; most killing classes. 15c@$X under last week's average: grain fed steers and yearlings showing maximum decline: top around sl2. with most, grain-fed steers. $lO up: active market on stockers and feeders; slaughter cattle and vealers. steers. 600-900 lbs., good and choice. $10.50313: 900-1,100 lbs., good and choice. $9.75312.50: 1.100-1.300 lbs., good and choice. $9.25312.25: 1,300-1,500 lbs., good and choice. $9311.75: 600-1,300 lbs., common and medium. $6.25(39.75: heifers. 550-850 lbs., good and choice. $9.50 312.25; common and medium. $639.50: cow's, good and choice. $537.75; common and medium, $436; low cutter and cutter cow;s, $33 4; bulls, yearlings excluded, good and choice, beef. [email protected]: cutter to medium, $4.253 6: vealers, milk fed, good and choice. sll® 13: medium. $9311: cull and common. $7.5039: stocker and feeder cattle. steers. 500-1.050 lbs., good and choice $7.2539: common and medium. $3.2537.25. Sheen—Receipts. 17.000; generally steady, native ewe and wether lambs. $8 3 8.25 to packers; top. $8.50 to city butchers: most bucks, s7@ 7.25: throwouts. $535.75: rangers unsold: slaughter sheep and lambs, lambs. 90 lbs. down, good and choice. $7.75 38.85; medium. $6.25@ 7.75: all weights common. $4.50 3 6.25: ewes. 90-150 lbs., medium to choice. $2.5034.25: all weights, cull and common. $1.50@3; feeding lambs. 50-75 lbs., good and choice, $6.5037.35. Bu Times Special LOUISVILLE. Kv.. Sept. 18.—Hogs—Receipts. 500; market, uneven: 300 lbs. up. $10: 200-300 lbs.. $10.75; 175-200 lbs. $10.25; 130-175 lbs., $8.75; 130 lbs. down. $6.90: roughs, $7.75: stags. $6.75. CattleReceipts. 200: market stead' ; prime heaw steers. $8.503 10; heavy shipping steers. $7 38.50; medium and plain steers. $5.5037: fat heifers. $5.50310: good to choice cows. s4@6: medium to good cows. $3.5034: cutters. $3®3.50: canners. $232.75; bulls. $43 6: feeders. $5.5037.25: stockers, $436.25. Calves—Receipts. 300: market. 100: lower: choice, $8.503 10: medium to good. $63 8; common to medium. $135.50. SheeD—Receipts. 300: market steady, ewe and wether lambs. $7.50: buck lambs. $6.50: seconds. $43 4.50: clipped sheep. $2,503 3.50. Wednesday's shipments: Cattle. 28; calves. 88; hogs, ‘462: sheep, none. Bu United Press CINCINNATI. Sept. 18.—Hogs—Receipts. 3.174: Including 774 direct: heldover, 354: slow, steady to 10c higher on 190 lbs. up; lighter weights about steady; sows active 50c or more higher; bulk better grade. 190-250 1b5..,510.90311: mostly sll on 210 lbs. up: supply of these scarce: 140-150 lbs. mostly. $9.75: some 160-180 lbs.. $10.25 @10.65: sows, mostly. $9. Cattle—Receipts. 500: calves. 350: slow, generally steady; good steers and heifers scarce: few $8,503 9.50: lower grades. $537.50: bulk beef co\vs. $4.7535.75: low cutter and cutters, $334: bulls. $6 down: few choice vealers. eahlv steady at. $13.50: later market. $1 to mostly $1.50 lower, or $11.50312 on good and choice kinds: lower grades. sll down. Sheep—Receipts. 600; lambs, weak to mostly 50c lower: better grades mostly $8: few choice jots up to $8.50: medium grade. $63 6.50: common throwouts. ss@ 5.50; sheep, steady: fat ewes. $2.5034. Bu United Press EAST ST. LOUIS. XI!.. Sept. 18.—Hogs —Receipts. 7.500; market steady to 15c higher: pigs up 25c: most 170-220 lbs.. $10.50310.60: 225-240 lbs.. $10.65310.75: 130-150 lbs.. $9.25 3 10.25: 100-130 lbs.. $8.50 39.50; bulk* sows. SB3 8.75. Cattle—Receipts. 2.500; calves, receipts. 1.200: market, native steers slow: westerns 25c lower; a few loads. $7.3538.10: medium bulls steady to 25c lower: spots. $5.25; vealers 75c35l lower at $11.25: other classes steady with grass heifers hard to sell. Sheep—Receipts. 1.000: market, indications steady; packers bidding $7.75 3 8 for bulk lambs: talking $4.50 for throwouts and $3.50 down for fat ewes. Bu United Press EAST BUFFALO, N. Y., Sept. 18.— Hogs—Receipts, 1.800: holdovers. 400; dependable trade to all interests: steady to 10c higher: bulk desirable 180-230 lbs., [email protected]: mostly, $11.25: one load. $11.30; 140-160 lbs.. $10.50@11: weights below -40 lbs.. [email protected]; packing sows. 58.25@9. Cattle—Receipts. 300; not much done on grass steers and heifers; few sales, around 25c lower. [email protected]: cows, unchanged: cutter grades. $2.753 4: calves, receipts. 100; vealers. steady. $14.50 down. Sheep—Receipts, 500; holdovers. 500: lambs, draggv, mostly 50c under Tuesday's average: good to choice natives. $8 25 3 8.50; throwouts, $636.50; fat ewes, $3.5034. Bu United Press CLEVELAND. Sept. 18.—Hogs—Receipts. 1.300: holdover. 85; steady to 10c higher: bulk. 180-250 lbs.. $10.75: 150-180 lbs.. $10.60: over 300 lbs.. $10310.25: light lights and pigs. $9.50310: rough sows. $8.25: stags. $6.25. Cattle—Receipts. 300: sters. slow, particularly cutlery kinds, steady to 25c lower: Interest centering on common. $7.5038 25: offerings, low cutter to medium cows around. $2.50 3 5 and slow, steady. Calves—Receipts. 400: weak to mostly 50c spots more lower, bulk better grade vealers. sls downward: few *15.50: common and medium. $11313: culls, downward to $9 and under. Sheen —Receipts. 1.300: lambs, steady to 25c or more lower, about like Wednesday's close; bulk better grade. $8.50 downward: common and medium quoted. ss@7: talking steady or around $5 on choice wethers, _

BELIEVE ITORNOT

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Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Wednesday’s Times: Thad Brock Ran 102 Yards and Failed to Score—During the Davidson college-Duke university game on Thanksgiving day, 1929, Captain Brock went eight yards behind his own goal line in punt

SYNOD'S ACTION IS CONDEMNED Refusal of Communion to Legionnaire Flayed. Two officers of the Indiana Synod of the United Lutheran church today condemned action of the Missouri Lutheran Synod, at a conference in Milwaukee, Wednesday, in which they sustained refusal of a Lutheran pastor to give communion to members of the American Legion affiliated with his ohurch. “Controversy aroused by the refusal of the Rev. John Henning, Iron Ridge, Wis., to give communion to American Legion members is foreign to the congregations of the United Lutheran church,” declared the Rev. J. L. Seng, Indianapolis, president of the Luther League of the Indiana Synod. “Our position in this matter is identical with our attitude toward fraternal organizations and the prohibition problem,” said Dr. R. H. Benting. president of the synod. "We refuse to censure members of our church for affiliations with fraternal societies. And with reference to. such questions of economic and perhaps political import as prohibition, we feel they are economic questions which the church, as a church, has no direct authority to settle for the world.” Marriage Licenses Herbert M. Garriott. 36. Cincinnati, architect, and Lois V. Ward. 31. of 2449 North Pennsylvania. Theodpre IT. Roberts. 25. of 2113 Shriver. clerk, and Annie L. Welch. 23. of 1018 ytest Twenty-sixth, stenographer. Jesse W. Higginbotham. 24. of 2056 College. clerk, and Ruth M. Berry. 19. of 1802 West Minnesota. Edward Henderson. 22. of 340 West Twenty-fifth, clerk, and Jennie B. Jackson. 21. of 434 North Blackford, clerk. Ulysses Akers. 33. R. R. 18. Box 394, chauffeur, and Alta M. Grundy. 27. New Augusta. Lewis J. Mackenzie. 22. Mooresville. farmer, and Evelyn G. Waltz, 23. of 2146 South New Jersey, clerk. Jack Waite. 37. of 1105 East Ohio, foreman. and Vida Lewis, 26. of 136 West Twenty-seventh. Chester A. McPherson. 40. Monrovia, farmer and Bessel A. Sink. 36. of 2258 College. Chicago Stocks Opening (By James T. Hamill & Cos.) —Sept. 18 — Auburn Motors 123 Insult com 57V Bendix Aviation 31% Lynch Glass.... 18% Borg Warner.. 28 Maiestic Hsehold 32% Cord Corpn ... 7% Midland Un com 25% Conti Chi Car c 16% Midland Untd p 44% Conti Chi Cor p 46% Middlewest com 28' ? Ch! Corpn com. 12%‘Natl Securities c 13% Chi Securities.. 22% Swift Internatl 34% Grigsby Grunow 9 lUtil As Indu com 13% Elec Hsehold... 42% Util As Indu pfd 23 Other Livestock Bu United Press TOLEDO. Sept. 18 —Hogs—Receipts. 350; market, 15325 c higher: heavies, $10,503; 10.75; mediums. $10.65® 10.80; yorkers, [email protected]; pigs $93 9.50. Cattle—Receipts., 100: market, steady: calves, receipts, light; market, strong- Sheep—Receipts, light; market, steady. Bu United Press PITTSBURGH. Sept. 18.—Hogs—Receipts. 2.000: holdovers 300: market mostly 5c lower: 160-260 lbs.. $10.853 11: 260-320 lbs. [email protected]: 100-130 lbs.. $9.2569.75: good sows. $8 50 3 8.75. Cattle—Receipts. la: market unchanged. Calves—Receipts. 100: market mostly steady; top vealers. sl4. Sheep—Receipts, 1.000: market steady; choice fat lambs. SB3 8.50. NEW YORK COFFEE RANGE —Sept. 17High. Low Close. March 5.95 5.85 5.92 May 5.80 5.78 5.78 July 5.73 5.70 5.70 September 6.47 6.40 6.40 December 6.50 6.30 6.36 CLUB SEASON OPENED Luncheon Is Held at Shrine Mosque, Frederick Landis Talks, Murat Temple’s Caravan Club began its fall and winter social season today with luncheon at the Shrine mosque. Charles Chase, Logansport. directed his famous boys’ choir in songs and Frederick Landis, Logansport editor, gave the principal address.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

formation. A Duke back crashed in to block the punt and Brock ran—lo 2 yards to the Duke 6-yard line. Ed Whitney Played Eight Characters in One Show—Mr. Whitney,one of the National Broadcasting Company’s veteran radio stars, is on the air with me every

GREENWOOD WOMAN WINS MOVIE PRIZE

CATTLE ON UPGRADE Recent Price Declines Too Drastic. Says Authority. Bn Times Special CHICAGO, Sept. 13.—Notwithstanding the sharp and continual declines in cattle prices from February to July and the consequent uneasiness in the minds of stockgrowers throughout the United States, the market will soon take a turn for the better, predicts E. A. Stokdyk in an article in the current issue of Successful Farming. It would apepar, he writes, _ that the price declines in the first’ half of 1930 were too severe and that we may expect an upward reaction before the bottom of the cattle price cycle is reached. A survey made by the writer of the situation indicates that the late fall and early winter market may be expected to show improvement over July levels, particularly for well-finished cattle. Births Boys Hobart and Juanita Ashlock, Methodist hospital. Fred and Edna Colby. Methodist hospital. Cuv and Lydia Padgett. 2930 Sangster. Robert and Mary Groves. 1336 North West. William and Elsie Porter. 624 Highland. John and Nanla Cornelius, 2669 Boyd. John and Anna Jones. 1659 Bellefontaine. Leslie and Mary Garrett. 1135 North Pershing. Curtis and Ethel Hewitt, 1312 Silver. Beniamin and Letha Ware. 2201 Sheldon. Lewis and Calve Ashworth, Coleman hospital. George and Mary Craxton. Coleman hospital. Estel and Gladys Hamblin. Coleman hospital. William and Isabel Paterson. Coleman hosptial. Edwin and Edith Shambaugh. Coleman hospital. Walter and Etha Skinner. Coleman hosDi Fenton and Mamie Stewart, Coleman hospital. . W. G. and Anne Patterson. St. Vincent’s hospital. • - .... Allan and Malvina Bloom. St. Vincent’s hospital. Leo and Laura Hahn. St. Vincent's hospital. * Eliiah and Margaret King. Methodist hosDital. . .. Herbert and Gertrude Lackey, city hospital. Girla Edward and Alma Richardson. Methodist hospital. Archer and Nora Fusers. 2122 Conrad. Theodore and Gertrude Helzer. 633 Eddv Edward and Jeanette Arnold. 725 East Georgia. Ruben and Mary Bailey. 938 North Sheffield. . , • _ . Marlon and Mattie Tellefere, 1238 East Labe and Bertha Broks. 3910 West Vermont. % Dewev and Rubv Owen. 226 Smith. William and Genevieve Westmoreland. 629 Blackford. , , James and Dora See. 038 North Capitol. George and Mary Petty. 1741 Lockwood. George and Lorena Snowball. 5101 Matthews. Russell and Lena Baker. Coleman hosBi Wilbur and Helen Coy. Coleman hospital. •7ason and Mildred Foster. Coleman hosDi Herbert and Bernedine Hill. Coleman hospital. _ , . ... Neal and Doris Ivy. Coleman hospital. Harry and Virginia Kinsey. Coleman hospital. _ , , Clyde and Thelma Parker. Coleman hospital. Daniel and Marie Brosman. St. Vincent s Leonard and Norma Sorg. St. Vincent’s ■* l °james" and Susie Broadus. 2604 Clifton. Clarence and Ruth Neville. 5433 Gullford. Deaths Marie Acton. 55, 1302 Calhoun, carCi A°onzo Gcsby. 64. 1014 Shelby, chronic Oran Bodenhamer. 26. Methodist hospital. appendicitis. .... _ . .Louise M. Spannuth. 59. 2316 Hoyt, mitral insufficiency. Henry George Dockwiler. 41. 5230 North Meridian, cardio vascular renal disease. Dimple E. Fox. 34. Methodist hospital, chro i C myocarditis. Eva Jane Brown, 47, 1530 East Tenth, acute myocarditis. , . . , John Bly. 84. 1510 Montcalm, accidental. David R. Henry, 83. city hospital, accidental. Fred J. Voss. 63 2537 South Delaware, cerebral hemorrhage. Wagon Maker Buried Bn Times Special GARRETT. Ind., Sept. 18.— Funeral services were held today for William H. Bohls, 85. a wagon maker here, where he had resided fortyone years. He died Tuesday after a seven weeks’ illness. Mr. and Mrs. Bohls celebrated the sixtieth anniversary of their wedding in February. He leaves the widow and seven children.

I-K \7 Registered 0. &. JL WJ Patent Uffioo RIPLEY

Monday night at 7;30 over NBC network, New York station WEAF. During a radio “Presentation of Plays,” which also is on Monday night over the NBC network, Mr. Whitney played eight characters in one show. Friday: “The Clocks That Arc Wrong.”

Awards Are Announced in Milton Sills Picture Contest. The recent contest that The Times conducted with the Lyric in connection with the late Milton Sills in “Man Toruble” had some very unusual results. Os the many who answered the four-day contest for cash prizes totaling $25 and for ten pairs of tickets, only three were right. Most of them failed on the third picture, which was a scene from “Love and the Devil.” Most answered that one as “The Hawk's Nest,” which was wrong. The judges then had to decide the three winners as well as those answering three right and two right on the merit of the essay. The winners are as follows: First Prize $10 —Mrs. G. S. Kenny, Greenwood, Ind. Second Prize s7.so—Gertrude Soeurt, 1201 North Tremont avenue, city. Third Prize $5 —Miss Leonora Beyer, Boundary street, Cambridge City, Ind, Fourth Prize s2.so—Louise Fletcher, 1104 North Oakland avenue, city. The following each received a pair of tickets to the Lyric: Barbara Andis, 1514 Barth avenue. Virginia Holman, 1108 College avenue. Mrs. Pearl Bennett, 813 South Meridian street. Catherine L. Mason, Beech Grove. Miss Ruby J. Evans, 2102 Highland place. Mrs. Charles Emery, 1425 North Grant avenue. Mrs. George J. Schafer, 621 East New York street. Mrs. Anna Kleinhenz, 1438 East Market street. Pauline M. Lewis, 524 North Bradley avenue. William Dagmar Thurston, 874 Torbett street. The names of the pictures as they appeared in The Times are as follows: “Burning Daylight,” “The Crash,” “Love and the Devil,” and “The Barker.” The awards will be sent by mail to the winners.

Corpe^lriori UTILITIES POWER & LIGHT SYSTEM IS contributing conspicuously to the development of over 800 communities served in the United States, Canada and Great Britain. Increasing earnings and growing demand for electric and gas service emphasize the soundness of this System's securities.

fmr information regarding Ctfl** fctio* Power £ Lifkt Corpora* tioa and it* nreoritios commit poor loeai inwo*tn*ent dealer or erite for doaeriptivo literature.

Utilities FWer & Light Securities Company 327 South La Salle Street, Chicago

SEPT. 18, 1930

FUTURE PRICES SELL DOWN AT CLOSEDF DAY Selling on Rallies Gives All Grains Irregular Trade Range. Bv T'nitfd Prrus CHICAGO. Sept. 18.—'The wheat market was unsettled near the close on the Board of Trade today and was subject to sharp fluctuations. There was good support on the breaks, but the buying did not follow the advances. Con, which rallied from the opening break, eased off in the afternoon on local selling, and was unsettled at the close. Oats were unsettled with the other grains, and prices averaged slightly lower. At the close wheat was to •% cent lower; corn was % to % cent lower, and oats were ’ to % down. Provisions were lower on scattered selling. Cash Wheat Strong Liverpool developed a stronger tone throughout the session, but at the close was %c lower to %c higher, the action being attributed to the Russian offerings. Cash prices in wheat were stronger and this, added with the short covering induced by the strong tone in corn, brought that grain higher at midsession. Trade in this pit was active at mid session. Receipts were 15 cars, and cash prices were lc higher. Selling on resting order war. encountered in the corn pit on the rally at even figures of 88c for December, 89c for March and 91c for May. Oats Uneven The understanding that but 1.000 bushels are scheduled for arrival gave the futures added strength to the grain. Receipts were 130 cars, and cash prices were li cent higher. Oats, which were unevenly higher to lower at the opening, were encouraged by the strength in corn, and made advances near midsession in the minor fractions. Cash prices in this grain were % to ’5 cent higher and receipts were 37 cars. Corn gave strength to provisions also, and they were 5 to 10 cents higher after opening with some gains over the previous close. The buying of lard was a. bullish factor and gave the market a better tone. Chicago Grain Table WHEAT- “ SePt ' 18 ~ p sept, .ar* Sf b # II CORN- 3 * ' 9l - a2 i 93,4 Sent.. .92% .93% .91% 91% o-sa P, e „ C .' ll 3/ * 88 'l - 88 H :!% 87% Msr., .89 .90% ,88 s * 88% 80 M OAfS— ' 9n ‘ ' 9 °'* ■ 9 ° r ’* ■ 9of * §*?*•• - 38 % .38 .38% .38'/, Dec... ,41% .41% .41 .41 411* Mur.. .43% .43% .42% ,42’i 43% RYE- * • 44 ' i ' 44 * 44 :443 Sect.. .55% .55% .54% .54% 54% Dee... .59% .59"’ : 5 158*5 !39 * Mer.. -fflt -63’s .63 .63', .63** M earc% 6s * ' 66 ‘ ' 95 ' 4 ‘ 65 ’ 4 ' Bs, ‘ SeDt. 11.75 J 1.75 ii at Oct.. 11.70 11.7(1 11,67 11 70 11 60 Dec.. 11.42 11.80 11.31 u: 1}:33 Jen.. 11.22 11.32 11.22 11.30 11.17 Feb 11 17 BELLIES— SeDt 14.25 14.45 Bv Times Soecinl CHICAGO. Sept. 18—Carlots: Wheat, 26; com. 71; oats. 33. By United Press whPPm o ', 18 -—'Cash (train close; Wheat—No. 1 hard. 86@86%c; No. 2 hard. 85%c. Corn—No. 2 mixed, 94'/ 2 @95c; No. 3 mixed. 94f(j94%c: No. 4 mixed. 93'-2c; No. 1 yellow. 94%@95c; No. 2 yellow. 94". ft ?sc: No. 3 velJow. 94V®94<2C; No. 4 yellow, 93'/2@94'2C; No. 5 yellow. 93Vic: No. 6 yellow. 9214 @93c. No. 2 white, 97® 99c: No. 3 white. 96%<597c; sample grade. 83(o90c. Oats—No. 2 white. 39'-ft4oc: No 3 white. 38%c: No. 4 white. 38c: RyeNo. 1. 67%c. Barley—s2ft72c. Timothy— 1 [email protected]. Clover—sl6.so® 24. 811 United Press TOLEDO. Sept. 18.—Grain close: WheaS —No. 2 red, 90"2ft91 Vic. Corn—No. 2 yellow. 99%ft,51.n0%. Oats—No. 2 white. 42 ft 43c Rye—No. 2. 77c. Bariev—No. 2. 62c. Clover—Domestic prime old. $14.75; prime news. $15.25: prime, choice, new $15.60; prime, choice old. $15.05; October. $15.25; December. *15.50: February, $15.75: March. sl6. Alsike—Cash. sl3; October. $13.25; December. $13.50: March. sl4. Butter— Fancy, creamery. 42 ft 43c. Eges—Country run. 26@28c. Hay—Timothy. $1.75 cwt.

Local Wagon Wheat

Cltv grain elevators are paying 79c for No. 1 red wheat and 76c. for No. 1 hard wheat.

jAr. WILD INjgSTMENT CO j j North American Trust j { Shares A Fixec* Trust I2 E. Market Llneola, 6884 j

James T.Hamill & Company Private Wlr to All L*6lit Markets ladtanapella MEMBERS rbJsago Stack Bxehaatt Chicago Board of Trade Indianapolis Board of Trade Associated Mew Fork Cnrb 203 Continental Bank Bldg. Tel. Riley 5493 Riley MM

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