Indianapolis Times, Volume 43, Number 97, Indianapolis, Marion County, 1 September 1931 — Page 12
PAGE 12
STOCKS MOVE HIGHER AFTER INITIAL SALES Leaders Are First to Snap Back When Pressure Is Withdrawn. Average Stock Prices }*>{* r *!!® *58.18. Off .84. Aw W of ut J R i 8 52 -33. off .68. Average of forty bonds 93.34. up .17. BY ELMER C. WALZER United Pres* Financial Editor NEW YORK, Sept. I.—Stock prices pursued an irregular course today. Further sharp recessions were forced in the early trading, but selling pressure soon spent its force and a more confident tone developed. A few shares which bore the brunt of the early selling were the first to snap back, several recovering their initial losses and moving ahead fractionally. Among these were United States Steel, J. I. Case and Vanadium. Westinghouse Electric recovered an early 1 point loss. Early lows on these shares represented new low’s for the current movement. The main body of stocks moved narrowly in listless trading. Leading bears and bulls both held to the side lines and activity was light, approaching the 700,000 share pace of the preceding session. Character of the dealings was much the same as has prevailed for the last month. Oil Shares Lower In the absence of any important outside news development price changes reflected conditions within the market itself. Further selling of an important nature again made its appearance in issues such as Kreuger and Toll. Atlantic refining and Shattuck and these issues sold off sharply. On the other hand, shorts covered moderate amounts of the leaders. Oils were lower, a development which was not explained by the further widespread shutdowns of wells in the Oklahoma and East Texas fields. The Oil and Gas Journal estimated a reduction of more than 500,000 barrels daily in domestic crude oil production during the past week. Standard of New Jersey, Sinclair and Phillips all sold off fractionally. Utility Group Steady Utilities as a group were steady, notwithstanding the sweeping decline in North American Power and Light on the Chicago Stock Exchange and the New York Curb Exchange. On top of its fourteenpoint slump on the curb Monday, the stock sold down to 48, a loss of 5 more points. On the Chicago Exchange it touched 46 Vs. There was nothing to explain the sharp break in the stock inasmuch as control of the company is held by North American and Insull interests. Amusements again were the principal bright spot, leadership of this group shifting from Warner Brothers to Loews, Inc., the latter up more than a point at one time. Radio-Keith rose fractionally. Rails were unsettled by default of bond interest by Florida East Coast Railroad on its 5 per cent series A bonds, due in 1974. Bank Clearings INDIANAPOLIS STATEMENT —Sept. 1— Clearings $2,493,000.00 Debits 5,250,000.00 CHICAGO STATEMENT —Sept. 1— Clearings $69,700,000.00 Balances 6,200,000.00 TREASURY STATEMENT —Sept. 1— Net balance for Auk. 29... .$139,698,154.95 Expenditures 6,653,518.48 Customs rects. mo. to date 36.586,759.20 New York Bank Stocks (By Thomson & McKinnon) —Auk. 31— Bid. Ask. America 39*4, 42% Bankers 89 92 Brooklyn Trust 345 355 | Central Hanover 202 207 Chase National 53% 62% Chatham Phoenix Natl.... 50 53 Chemical 44 46 City National 77% 80% Corn Exchanße 94 98 Commercial 230 238 Continental 23 26% Empire 41% 44% First National 3,375 3.575 Irvinß 30 32 Manhattan & Cos 59*4 62% Manufacturers 45 % 47% New York Trust 134 139 Public 40% 43% Investment Trust Shares ißv Gibson At Bernard) PRICES ARE TO 12 NOON C. S. T. —Sept. 1— Bid. Ask. Amer Pound's Corp com 2% 2% Am <& Gen Sec (A) R'/a ... Am Inv Trust Shares 4% 4% Basic Industry Shares 4% 5% Corporate Trust Shares 4% 4% Cumulative Trust Shares 6*4 6% Diversified Trustee Shares A.. 14% ... First American Corp 6% 7% Fixed Trust Oil Shares 4% ... Fixed Trust Shar es(A) 12 ... Inv Trust. N. Y 6% 7% Leaders of Industry. Series A 6% .. Low Priced Shares 6% 7 Nation Wide Securities 5% 6 National Industry Shares.... 4% s’, No Amer Trust Shares 4% 4% Sel Am Shares 4% 4% Standard Amer Trust Shares.. 5% 6% Shawmut Bank Inv Trust 7% 8% Universal Trust Shares 4% 5V* Super Corp of Am Tr Sh (A) 5% 6 Fundamental Trust Shares lA) 6 6% Fundamental Trust Shares (Bl 6% 6% U S Elec Lißht & Pwr (A) 28% 30% New York Curb Market (By Thomson & McKinnon) —Sept. 1— 1130; 11:30. Alum Cos of Am 129% Midwest Ut 16% Am Cynamld.. 7% Mo Kan Pipe.. 4% Am Lt & Trac. 37 ; Mt Prod 5% Am Sup Pwr... 10% Penroad 5% Ark Gas \ 4% Salt Creek 6 Ass Gas &EIA 12 So Penn Oil ... 18% Can Marc .... 2%jSo Union Gas . 6 Cent Sts Elec .. 6 s . Std of Ind 26% Cities Serv ... 10% Trans Air Trans 5% Elec Bnd Sh 37% UPn Gas 6 Ford of Can ... 18 Un Lt <fc Pwr.. 19% Goldman Sachs 5 Ut Pwr B 8% Ind Terr A ... 9% United Fndrs .. 4% Chicago Stocks Opening (By James T. Hamiil & Cos.) —Sept. 1— *ss Tel Util... 33% Insull com 26% Brndlx Avia.... 22% Insul 6s '4O ... 79% BorK Warner... 19 Mo Ka Pi Lne.. 4 ?ent So Wst.... 16% Middle West... 16*. sord Corp .... 7% N Am P & L... 47% Dont Chi com.. 4% Pft Circle 39% Oomm Edison ..203 Swift *Co . 26 Cheo Sec 14 ÜBRa & Tel.. 29% GrlKSbv Grunow CV U S Ovpsum 36 Gt Lks Arcft... 4 Walgreen Strs.. 17% Elec Hshld 16 i New York Liberty Bonds —Auft. 31— 3%* , 102.7 Ist 4%s 1 102.29 4th 4%s 104.25 Treasury 4%s 112.12 Treasurv 4s 107.31 Treasury 3%s 106.5 T'easurv 3 3 .s of ’<7 102.28 Treasury 3%* ol 43 (March) 102.22
New York Stocks , I., B „ Thomson A McKinnon)
—Sent. 1— Railroad*— _ Prev. High. Low. Close, close. Atchison 138% 134% 138% 135% Atl Coast Line 86 Balt * 0hi0.... 46% 44% 46% 45 Chesa 6t Ohio . 36% 35% 36V* 35% Chesa Corp 35 34% 35 34% Chi N West 24 * 23% 24% 23% C R I * P 37 37 Va Del L & W.... 51% ... 51% 51 Erie 18 % Great Northern .35 34% 35 34--4 Illinois Central.. 38% 38 38% 38% MK * T 11% 11% 11% ... Mo Pacific 18>t 17% 18% 17, Mo Pacific pfd . 51*4 50% 51% 50N Y Central 71*4 69% 71 69% N Y N H * H .. ... ... 54% Nor Pacific..... 33% 33% 33 33% Norfolk & West .. ... 159% 156 O* W 12% 12% 12% ... Pennsylvania ... 40 38 • 40 39 ReadinK ... **% •„. So Pacific <3% *3% 73-4 73 * Southern Ry 24% 25- 4 St Paul 4% 4% 4% ... St Paul pfd .... 7% 7% 7% 8 Union Pacific ...142*2 140% 142 2 ... Wabash 9% 9% 9% 9% W Maryland 12 s * H -< Equipment*— Am Car <fc Fdy J|% Am Steel Fd , 15 Am Air Brake S 27% 27% Gen Am Tank 56% 56% General Elec ... 41 40%- 40% 40% Gen Ry Signal.. 49 47 49 47 Press Stl Car 3 Pullman 30% 30% 30% ... Westingh Ar B 23% 23% Westlngh Elec.. 63% 62% 63 63*/* Rubber*— Firestone 7% 17% I-Fisk % % Goodrich 12% 12% Goodyear 41% 40% 41% 41 | Kelly Sprafld 2 2 Lee Rubber .... 3% 3% 3% ... U S Rubber 13*2 13% 13% 13% Motors— Auburn 137% 135*2 137% 134% Chrysler 22% 22 22% 22% Graham Paiße.. ... 2% 2% General Motors. 36% 35% 36% 36 Hudson 13% 13% 13% 13% Hupp ... 6% 6% Mack 29% 29% Nash 25% 25% 25% 25% Packard 6% 6% 6% 6'% Reo 5% s*/ 5% 5% Studebaker 16% 16% 16% 16% Yellow Truck.. 7% 7% 7% 7% Bendix Aviation 23% 22% 23% 22% Botr Warner .. 19% 18% 19% 19*/4 Briggs 13*/* 12% 13 13% Budd Wheel 9 8% 8% 8 1 /* Campbell Wy... 12% 12% 12% ... Eaton 13% 13% 13'% 13% El Storage B 54'% ... Hayes Body 2% Houda 6% 6% Sparks W 6% Stewart Warner 10% 11 Timkin Roll 31'% 32 Minins— Am Metals 31% 31% 31 % ... Anaconda Cop 24% 24'* 24% 24% Cal & Hecia 6% 6'* 6% 6% Dome Mines ... 11% Freeport Texas 26% Granby Corp ..11% 11 % 11 % ... Great Nor Ore.. .. ... 18% ... Int Nickel 13 12% 12% 12% Kennecott. Cop.. 17% 17% 17% 17V* Miami Copper 5% 5% Nev Cons 8% 8”* 8% 3% Texas Gul Sul.. 34'% 34*% 34% 35'% U S Smelt 15% ... Oils— Amerada 18 18% Am Republic ... ... 7% Atl Refining 167i 16% 16% 16% Barnsdall 8% B'/* 8% 8% Houston 9 9 Indian Refining 3% 3% Ohio Oil 11% 11 11 11% Mex Seaboard.. 14% 14% 14% 14% Mid Conti 0 10 Phillips 9% 9% 9% 9'% Pr Oil & Gas.. 11% 11'% 11% 113% Pure Oil 8% 8% 8% 9 Richfield 1% Pi 1% 1% Royal Dutch... 23% 23% 23% 24 Shell Un 5% 5 3 ; 5 3 / 5% Sinclair 11% 10% 10 3 % 11% Skellv 7 % 7 7 7% Standard of Cal 40% 40% 40', 2 40% Standard of N J 40'% 39% 40% 40% Soc Vac 19% 19% 19'% 19% Texas Cos 26% 26% 26'% 26% Union Oil 17% 16% 17*% 17% Steels — Am Roll Mills 20% 20% Bethlehem .... 40 39% 39% 39% Bvers A M 31% 30% 31% 31% Colo Fuel 14 Lutilum 12 Repub I& S 13'/* 13 13 13'% U S Steel 88% 87% 88 87'% Vanadium 28% 28 28 Vi 27% Youngst S & W 16 Tobacco*— Am Tob Anew 109 107% 108 108% Am Tob B new lU 3 / 4 109% 111 111% Con Cigars 35% Lig & Mvers B .. ... 68 67'% Lorillard 17. 16 3 / 4 17 17'% Phil Morris 11% 11% Reynolds Tob... 49% 48% 49 48% Tob Prod B 3'% ... United Cig 4 Utilities— Abitlbl 3% 3% 3% 3% Adams Exp 14'% 14’% Am For Pwr ... 28% 28 28% 283* Am Pwr &Li ... 34% 35 A T * T 172% 170% 1723,8 1713% Col Gas & E 1... 30% 29% 30 30 Com & Sou .... B’/* 8 8 B'/a El Pwr & Li ... 40'% 39 40 39*/* Gen Gas A 4'% 4'% Inti TANARUS& T .... 28% 28% 28% 29% Natl Pwr & Li.. 24 3 % 24% 24 3 / 4 24% N Amer Cos .... 68% 67% 68% 68% Pac Gas & E 1... 46% 46% 46% 46 Pub Ser N J ... 80% 80% 80% 80’% So Cal Edison.... 43% 43'% 43% 44 Std G & El 63'% 63% 63% 63*4 United Corp ... 22 3 % 22 3 /* 22% 22'% Ut Pwr & L A.. 233% 23'% 23% 23Va Shipping— Am Inti Corp ... 13% 12% 13% 13% Am Ship & Com 5% Inti Mer M pfd 6 No Gm Llova 15 United Fruit ... 55% 54% 54% 55'% Foods— Armour A 1% 1% Beechnut Pkg .. 52% 50 50% 53% Cal Pkg 22% 22'% Can Dry 34'% 34% 34%, ... Childs Cos 18 Coca Cola 145'% 146 Cont Baking A. 12% 12% 12% 12% Corn Prod 66% 66 66% 65% Crm Wheat 27'% ... Cudahy Pkg 40 Gen Foods 50 3 4 50% 50 3 / 4 50% Grand Union .. 16% 16'% 16'% 16'% Jewel Tea ... 42% Kroger 31% 31 31'% 31'/* Nat Biscuit 58'% 58'% 58% 58'% Pillsbury 27% 28 Purity Bak 23 21% 22% 21 Safeway St 65 3 4 64% 65% 64% Std Brands .... 19'% 19 19'% 19 Drugs— Coty Ic 7% 7% Lambert Co* ... 70% 69 70 69 Lehn & Fink ... 26% Industrials— Am Radiator ... 12'% 12% 12% ... Gen Asphalt ... 21 . 20 3 % 21 21% Otis Elev • ... 36'% 36% Indus Chcms— Allied Chem ...112 110% 112 111% Com Solv 17% 17 17'% 17 Union Carb 51% 50% 51'% 50'% U S Ind Alco .. 33% 32% 33% 33 Produce Markets Errs (country run)—Loss off delivered in Indianapolis. 12c: benerv aualitv No. 1. 14c: No. 2. 9c. Poultry (buvlng prices)—Hens weighing 5 lhs. or over. 18c: uder 5 lbs,. 17c: Leghorn hens. 15c: 1930 broilers, full feathered 3% lbs. and up. 23c: under 21c: bareback. 12c: Leghorn broilers. 15c: Spring chickens. 5 lbs. and over. 24c: 4 lbs. und over. 21c: under 4 lbs.. 18c: ducks. 9c; old cocks B@9c: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 top aualitv auoted bv Kingan 6 Cos. Butter (wholesale) —No. 1. 31032 c: No. 2. 29030 c. Butterfat—27c. Cheese (wholesale selling price per pound)—American loaf. 23%c: pimento loaf. 253 4 c: Wisconsin firsts. 19c; Longhorns. 19c: New York llmberger. 30c By United Press NEW YORK. Sept. I.—Potatoes—Market. dull and weak: Long Islands. $1,500 2.50 bbl.: New Jersey. Slfr? 1.65 basket. Sweet potatoes—Market, weak: Jersey baskets. 50c ft*2; southern baskets. 35c® $1: southern bbls.. $1.7502.25. Flour—Market. dull and lower; spring patents. s4® 4.40 bbl. Pork—Market, dull; mess. s2l bbl. Lard —Market, easier: middle west spot. .07300.74 lb. Tallow—Market, auiet; special to extra. 2%02%c lb. Dressed poultry—Market irregular: turkeys. 25(5! 50c; chickens. 20®39c; broilers. 200 42c: fowls. 12629 c: ducks. Long Island. 13® 18c. Live poultry—Market, dull: geese. 10 ft 12c; ducks. 126 22c: fowls. 15026 c; turkeys. 20®30c: roosters. 14615 c; broilers, 180 25c. Cheese —Market, quiet Rnd firm: state whole milk, fancy to special. 15%@ 23%c: young Americas. 16%616 3 4 c. By United Press CINCINNATI, 0.. Sept. I.—Butter lower; creamery in tub lots according to score, 24@26c; common score discounted 2®3c; packing stock No. 1. 20c; No. 2. 17c: No. 5,12 c: butter fat. 25627 c. Eggs—Higher; cases included, extra firsts. 22c; firsts, 18%c; seconds, 17c; nearby ungraded, 18%c. 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. 18c; Leghorns, 3 lbs. and over, 14c; roosters. 11c; broilers, colored, 1 Jb. and over, 19c- 1% lbs. and over. 19c: 2 lbs. and over. 20c; fryers. 3 lbs. and over, 22c; partly feathered, 15c; Leghorn broilers, 1 lb. and over. 19c: 1% lbs. and oveV. 19c; 2 lbs. and over, 19c; black springers, 15c. By United Press * CLEVELAND. Sept. I—Butter—Extras. 32c: standards. 31%c; market, firm. Eggs —Extras. 25%c: firsts. 19c; ordinary firsts, 14%c; market, weak. Poultry—Heavyfowls. 226 23c; medium. 22c: Leghorn. 156 18c; heavy broilers. 21624 c: light broilers. 16 6 20c; ducks. 12618 c; old cocks. 126'14c; market, steady. Potatoes—New Jersey Cobblers. $2.106 2.25 per 150-lb. sack; Idaho Russian Burbanks, $2.1562.35 per 150-lb. sack. y By United Press CHICAGO. Sept. I.—Eggs—Market easy; receipts. 9,917 cases; extra firsts. 20c; firsts. 19c: current receipts. 15ft 17c; seconds. 10614 c. Butter—Market, firm; receipts, 9,979 tubs: extras, 28c; extra firsts, 26 6 27c; firsts. 23%fu24*%c: seconds. 21st 22%c; standards. 27%c. Poultry—Market, about steady; receipts, 2 cars; fowls, 19ft 21c; Leghorns, 15c; ducks. 14ftl8c; geese. 11c; turkeys. 156 18c: roosters. 14c; broilers. 2 lbs., 17ft20c: broilers, under 2 lbs.. 17619 c; Leghorn broilers. 16c. Cheese — Twins. 15*4615%: Young Americas. 15% *ll6c. Potatoes—On track. 225: arrivals, 29c. shipments. 333; market, dull; Idaho 1 Triumphs. $1.256.1.5*6 Wisconsin Triumphs.. $1.2061.35; Idaho Russets. $1,756 1.80: Wisconsin Cobblers. $1.1501.25; Minnesota Cobblers. ilftl.tt.
Retail Store*— Assoc Dry Gds 19% 19% Glmbel Bros 5 Kresge S 32& 27% 27% 27% Mav D Store . 32 3 * Mont Ward 2(% 20 ‘26% 20% Penny J C 43* 4 43% 43% 43% Schulte Ret St 51* Ss R <* 5 6 ’ *s% '-56% 55% Wool worth .... 70 69\ 69 3 4 69 s * Amusement*— Col Graph 7% 7% 7% 8 Eastman Kod .142% 140% 142% 142 Fox Film l <AI .. 14% 14‘i 143. 14% Grigsby Grunow 3% 3% 3% 3% Loews Inc 51V* 50 51 49% o a^m^ Fam ■ 25 24** 253, 24 3 4 sasi5 a s i^ CorD •••* 20 3 19V* 20% 19 3 4 g-K-O 15% 15 15% 15 Schubert ... 31,. 3% Warner 8r05... 10 9% 10 9 3 4 Miscellaneous— Airway App 33, City Ice <fc Fu.. 30% 36 30 30% Congoleum 1414 141, Amer Can 93% 9i% 93 92% Cont Can 48 47% 48 47:* Curtiss Wr 2% 3 S H, f U .£,P R •••• 19 18% 19 19 Real Bilk 6% Un Aircraft 28% 27% 28 27% Int Harv 38 37% 38 38 J I Case 63% 61*/* 63 62% In the Air Weather conditions at 9a. m.: South southwest wind, 20 miles an hour; temperature, 74; barometric pressure, 29.86 at sea level; ceiling, thin overcast, lower scattered at 1,500 feet; ceiling, estimated 6,000 feet; field, good. Arrivals and Departures Municipal Airport—Central Aeronatical Corporation: W. A. Welking, Curtiss Junior, St. Louis to Cleveland; A. C. Lippiatt, Travelair, Wichita, Kan., to Cleveland; Thornton Wagner, Monocoupe, St. Louis to Cleveland; Major R. F. Garland, Tulsa, Okla., Stearman, to Cleveland; Miss Winifred E. Sporee, Cur-tiss-Reid Rambler, St. Louis to Cleveland. Stout Field—Major Richard F. Taylor, commanding One hundred thirteenth observation squadron, and Lieutenant Matt G. Carpenter, in Douglas 0-38’s, to Peoria, 111. Lieutenant Howard H. Maxwell, photo* section leader, and Private Wiseman, in Curtiss O-11, on photographic tour to Tippecanoe and Cass counties. Hoosier Airport Paul Snick, Fleet, Muncie and return; Charles McClatlin, Stinson, Pontiac, Mich., to Vincennes; H. C. Brooks, Travelair, from Hoosier airport to Traverse City, Mich. Soloes in Hurry By United Press VALLEY STREAM, L. 1., Sept. I.—Charlotte Hodkinson, Queens Village, attractive 19-year-old girl, has gained overnight distinction as a flier by her record feat of soloing in a biplane at Curtiss airport after only two and one-half hours of instruction. Miss Hodkinson was ready for a solo flight after an hour and sixteen minutes, flying instructors said. Authorize New Air Lights By United Press WASHINGTON, Sept. I.—Establishment of a lighted airway between Louisville and Dallas was authorized today by the interdepartmental committee on civil airways. The commerce department aeronautics branch will begin a survey of this airway within the next thirty days to determine location of the beacons, which will e placed ten to fifteen miles apart. Test Pacific Hop Plane By United Press TOKIO, Sept. I.—Don Moyle, Los Angeles “jail or glory” flier, successfully tested his monoplane before Japanese aviation authorities today and prepared for an early take-off on his attempted flight across the Pacific ocean to Seattle. Moyle and his companion, Can A. Allen, maintained an averp-'p speed of 120 miles an hour in their remodeled airplane and said they expected to receive a flying permit from the government at once. German Flier Pauses By United Press CHICAGO, Sept. I.—Capt. Wolfgang Von Gronau, German aviator flying from Europe to Chicago, w’aited at Long Lake, Ont., today for word from friends that preparations for his landing here have been completed. He reached Long Lake Monday. He has refueled, but awaits the instructions of the committee before proceeding. Net Changes By United Press NEW YORK. Aug. 31.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; , , off. Alaska Juneau 15% 1% American Can 92 3 * 2% Amer & Foreign Pwr 28%. 1 American Telephone 17% 2% Atchison 135% 2’> Auburn 134% 4% Bethlehem Steel 39% 1% Case 62% 2 3 ,4 Chrysler 22% % Fox Film (A) 14% ** General Electric 40% 1% General Motors 36 % •International Nickel l2 3 / 4 % International Telephone 28% % Loew’s. Inc 4934 % Montgomery Ward 20% 1% N. Y. Central 69% 2% North American 68% 1% Paramount 24% % Pennsylvania 39 1 Public Service 80% IV* Radio 19 3 4 % Radio Keith 15 % Sears Roebuck 55% 1% Standard Oil. Cal .. 40% % Standara Oil. N. J 40% 3 g Transamerica 7 % United Corporation 22% % •U. S. Steel 87*2 2% Westinghouse Elec 63% 2% •Ex-dividend. Other Livestock By United Press EAST BUFFALO, Sept. I.—Hogs—On sale, 870: active, steady to strong: desirable 190-205 lbs.. $767.10; 160-170 lbs., $6.75: weights below 150 lbs., [email protected]: packing sows, $4.2505. Cattle—Receipts. 35: mostly cows, auoted steady at recent decline. Calves—Receipts. 300; vealers active; steady, good to choice. $10.50611; common and medium. $869.50. Sheep— Receipts. 800; virtually nothing done, early bids around 25c lower, asking steady at $8.50 on best ewe and wether lambs. By United Press PITTSBURGH. Sept. I.—Hogs—Receipts, 500: market, steady to higher: 160-250 lbs.. $6.8567.10: 130-160 lbs.. *[email protected]; desirable packing sows. $4.75 downward. Cattle —Receipts. 50: market, slow and weak: common to medium steers. *567: common to medium cows. $363.75. Calves —Receipts. 150: market, steady; choice vealers. *9.50010. Sheep—Receipts. 1,700; lambs, weak to lower: choice handvweights. SB6 8.25; bulk better grades. $7.5068: aged wethers higher with good kinds up to $3.50. By Times Special LOUISVILLE. Kv., Sept. I.—Hogs—Receipts, 550; market, steady; 175-240 lbs.. $6.50: 240-300 lbs.. $6.25; 300 lbs., up, $5.05; 130-175 lbs.. $5.80; 130 lbs. down, $5.30: packing sow*, $3.306'4.05; stags. $3.05 down. Sheep and lambs—Receipts. 1,000; best lambs. 25c lower; bulk better grades, $767.25; buck lambs. $6.25; throwouts, $3 50 down. Monday’s shipments—Cattle. 419: calves, 281; hogs. 139; sheep, 997. Cattle—Receipts, 200: market, steady with Monday’s average, best slaughter steers and heifers, bulk. $5.50@ 6 50; few up to $7. Calves—Receipts. 300; market, steady, best vealers. $8.50; heavy calves, $4.50® 6; throwouts. $5.50 down. NEW YORK COFFEE RANGE High. Low. Close. —Aug. 31March 5.47 5.37 5.38 Mev . 5.53 5.49 5.49 July ....A... .5.63 5.60 5.60 September ........ 4.91 4.87 4.89 December 5.20 5.10 5.15
THE INDIANAPOLIS TIMES
PORKERS DOWN 5 TO 15 CENTS AT CITYYARDS Cattle Slow With Steady Trend; Lambs Weak to Lower. Further weakness was evidenced in hogs this morning at the city yards, prices declining 5 to 15 cents on lack of strong demand. The bulk, 160 to 325 pounds, sold for $6.40 to $6.70; early top holding at $6.70. Receipts were estimated at 4,000; holdovers were 82. Trade in all slaughter classes was slow in the cattle market. Receipts wero. 1.500 Vealers were unchanged at $9.50 down. Calf receipts numbered 800. Lambs held W’eak to 25 cents lower in the sheep market, selling mostly at $7.50 down. A few brought as high as $7.75. Morning’s top recorded at SB. Chicago hog receipts were 20.000, including 2.000 direct. Holdovers ; 5,000. Market slow, with a few early sales and bids around 10 to 15 cents lower than Monday’s average. Generally asking steady. Good to choice hogs weighing from 190 to 220 pounds were bid $6.50 to $6.65; early top held at $6.65. Better kirds iield higher. Cattle receipts were 7,000. Calves, 500, and weak. Sheep receipts were 20,000; market weak. HOGS Aug. Bulk. Early top. Receipts. 25. $6.25® 6.35 $6.35 6,500 26. 6.50® 6.55 6.60 4.000 27. 6.450 6.65 6.65 5,000 28. 6.55® 6.75 6.75 3,000 29. 6.55 ft 6.75 6.75 2.500 31. 6.55® 6.75 6.75 4.000 Scot. 1. 6.40 ft 6.70 6.70 4,000 —Sept. 1— Receipts. 4,000; market, steady. —Light Lights—-(l4o-160) Good and choice...s 6.10@ 6.25 —Light Weights-(l6o-180) Good and choice... 6.45® 6.50 (180-200) Good and choice 6.50® 6.50 —Medium Weights—-(2oo-220) Medium and g00d... 6.55 ft 6.60 (200-250) Good and choice... 6.60@ 6.70 —Heavy Weights—-(2so-290) Good and choice... 6.55 ft 6.60 (290-350) Medium and g00d... 6.25@ 6.55 —Packing Sows—-(27s-500) Medium and good.. 4.00® 5.25 (100-130) Slaughter pigs 5.75@ 5.85 CATTLE (Slaughter Class) Receipts. 1,500; market, steady. —Steers— Good and choice $ Common and medium 5.00 ft 8.2 c (1.100-1.500) Good and choice f-OOft 9.75 Common and medium 5.50® 8.00 —Heifers—-(soo-850) Good and choice ?-§9!§! S-15 Common and medium 4.50® 7.50 Cow Good and choice Medium ?-99S 2‘99 Cull and common 1.50® 3.00 —Bulls (yearlings excluded) — Good and choice beefs 3.50@ 4.50 Cutter, common and medium 2.25® 3.50 CALVES AND VEALERS Receipts, 800; market, steady. —Vealers— Good and choice $ 9.00 ft 9.50 Medium 7.00 ft 9.00 Cull and common 5.00® 7.00 —Calves— Good and choice 6.00 ft 7.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice 5.25 ft 7.00 Common and medium 4.00 ft 5.25 (800-1.500) Good and choice 5.00® 7.00 Common and medium 3.75® 5.00 SHEEP AND LAMBS Receipts. 2,500; market, lower. Good and choice $ 6.50® 8.00 Common and medium 3.00 ft 6.50 Ew T es. medium and choice ... 1.50 ft 2.75 Cull and common 50® 1.50 Other Livestock By United Press CHICAGO. Sept. I.—Hogs—Receipts, 20,000. including 2.000 direct; active steady to 15c lower; weights 200 lbs., down at decline: 200-260 ibs., $6.55ft6.70; top. $6.75; 270-300 lbs.. $6.15ft6.40: pigs. $4.75ft5.50; packing sows. $4.25ft5; smooth lightweights. $5.15ft5.50; light lights. 140-160 lbs., good and choice. [email protected]; light weight. 160-200 lbs., good and choice, $6.25 @6.70; medium weights. 2000250 lbs., good and choice. $6.50ft6.75; heavyweights, 250350 lbs., good and choice. $5.6006.70; packing sows. 275-500 lbs., medium and good, $4.25ft5.25; slaughter pigs. 100-130 lbs., good and choice. $4.7505.75. Cattle —Receipts. 7.000; calves. 2,500; strictly good and choice fed steers and yearlings, fully steady with recent decline; instances shade higher; lower grades slow and weak; early top long yearlings. $10.15; outstanding weighty steers up to $10: most weighty bullocks promising to sell at $8 @9: yearling heifers up to $9.65: bulk general steer and yearling run. $7,750 9.25; bulls strong: slaughter cattle and vealers: Steers. 600-900 lbs., good and choice. [email protected]; 900-1.100 lbs., good and choice. $7.75010.25; 1,100-1.300 lbs., good and choice. $7.75® 10.15; 1,300-1.500 lbs., good and choice, [email protected]: 600-1,300 lbs., common and medium, $4.25®7.75; heifers. 550-850 lbs., good and choice. $7.50@10; common and medium. $3.25ft7.50; cows, good and choice. [email protected]; common and medium. $2.75 0 4.25; low cutter and cutter cows. [email protected]; bulls, yearlings excluded, good and choice, beef. [email protected]; cutter to medium. $2.75 04: vealers, milk fed, good and choice. $9011: medium, s7ft9; cull and common. $507; stocker and feeder cattle: Steers. 500-1.050 lbs., good and choice. [email protected]; common and medium, [email protected]. Sheep—Receipts. 20,000; fat lambs slow, unevenly weak to 25c lower: bulk moderately sorted natives. $7,250 7.50: few to outsiders. $7.75; throwouts mostly $404.25; no rangers sold, bidding $7.50 downward; sheep and feeders steady; slaughter sheep and lambs: lambs. 90 lbs. down, good and choice. [email protected]; medium. $5.2506.75: all weights, common. $3.7505.25; ewes. 90-150 lbs., medium to choice. [email protected]: all weights, cull and common. [email protected]: feeding lambs. 50-75 lbs., good and choice. $5.2505.85. By United Press FT. WAYNE. Sept. I.—Hogs—Steady to 20c lower: 100-140 lbs.. $5.75: 140-160 lbs., $6; 160-180 lbs., $6.20: 180-200 lbs.. $6.30; 200-225 lbs.. $6.40: 225-250 lbs.. $6.50; 250275 lbs.. $6.35: 275-300 lbs.. $6.25; 300-350 lbs.. $6.10: roughs. $4.25; stags, $2.75; calves. 9.50; lambs. $6.50. By United Press i EAST ST. LOUIS. Sept. I.—Hogs—Receipts. 10.000; market, steady to 10c lower; pigs. 10015 c lower; bulk 170-250 lbs.. $6.25 @6.50; top. $6.50: no heavies sold: 100150 lbs.. $5.5006.15: sows. $405. Cattle — Receipts, 6,500; calves, receipts 2.500: mar- j ket. largely a steer run with good kinds predominating on native side; around 80 cars of western grass cattle on sale: trading slow with indication lower; undertone weak on mixed yearlings, heifers and cows; bulls steady; top medium kinds, $3.50; vealers steady to 25c higher; top, $lO. Sheep—Receipts. 3.500: market, no early sales or bids; packers talking mostly lower; asking [email protected] for desirable lambs. By United Press CINCINNATI, 0.. Sept. I.—Hogs—Receipts, 2.600; heldover, 95; slow, about steady; some weakness on weighty butchers around 280-300 lbs.; better grade. 170-240-lb. averages, largely $6.85; 240-275 lbs., $6.60 0 6.65 ; 300 lbs. downward to $6.50: 120-150 lbs., mostly $6; general run of 150-170 lbs., $6.25; choice kind up to $6.50; sows mostly $404.50; smooth light weights, $4.75; heavies downward to $3.50. Cattle —Receipts, 70(h calves, receipts, 600; flow, generally steady; better grade grass steers and heifers, $708.25; a few fed lots up to $9; common and medium grades on peddling basis, $4.50®6.50: cows scarce; beef cows, mostly $3.50® 4.50: low cutters and cutters. $203.25; bulls. s3@4; vealers active, steady; some strenth on lower grades; good and choice, s9@lo; lower grades .mostly $8.50 down; a few $9. heep —Receipts. 1,800; lambs, unevenly steady to mostly 50c lower; better grades in fair demand at $7,500:8; lower grades hard to sell; common throwouts. s4®s; buck lambs. $606.50; sheep. 50c or more lower; bidding, $1.50 downward on fat ewes; best light weights quotable, $2. By United Press CLEVELAND. Sept. I.—Hogs—Receipts. 1.400; holdover, none; steady to 25c lower; decline centering on lighter weight: 160250 Ibs. sorts, $6.65; top $6.70 sparingly: 260-300 lbs., $6.25; pigs, dull, offered around. $6. Cattle—Receipts. 150; little change; common holdover steers. $5.250 6; odd head, 1300 lbs. bullocks. $6.75; bulls relatively scarce; low cutter to medium cows, $1.5004; bulk. $2 upward; good cows upward to $4.50 and above. Calves receipts. 650; uneven; undertone, weak to unevenly lower, but early sales steady; desirable vealers, largely sll down; only odd primed above $11.50; medium. $9 ft 9.50 and above; culls around S7@B. Sheep —Receipts. 2.000; lambs. 15c to mostly 25c or more lower; early top. $8.50; bulk around $8; lower grades slow. By United Press TOLEDO. Sent. I.—Hogs—Receipts. 350: market. 10@25c lower: heavies. *5.5006: mediums. $6 150 6.30: Yorkers. *5.5005.75; Pigs. *[email protected]. Cattle—Receipts. 600: market, steady. Calves—Receipts, light; market, strong. Sheep—Receipts, light; market, siow, 25c lower.
Dow-Jones Summary
Crew Levlck Company posts price of *1.90 a barrel for Pennsylvania crude oil. an advance of 10 cents above price in National Transit Line. Great Western Sugar Company declared a regular quarterly dividend of $1.75 on preferred stock, payable Oct. 2, of record Sept. 15. , Consolidated Laundries Corporation declared. a regular Quarterly dividend of 25 cents on common stock, payable Oct. 1. of record Sept. 15. Crown Zellerback Corporation July 31 quarter, net profit amounted to $8a°.790 after all charges, against $(58,844 In like 1930 auarter. Diamond Match in six months to June 30 earned 77 cents a common share, against 87 cents in first half of 1930. June quarter earned 38 cents, against 39 cents in previous quarter and 44 cents in June, 1930. quarter. Nationad Casket Company. Inc. and subsidiaries in year ended June 30, net income *849.359 after expenses, federal taxes etc., against $925,111 in preceding fiscal year. Holland Furnace declared a regular Quarterly dividend of 62%. nts a common In twelve months ended June 30. earned 51.43 a common share. Railway express agency June rail transportation revenue after taxes, interest. etc., of $7,923,763 available for participating roads and other carriers for express privileges, agianst $9,398,996 in June. 1930. Six months $45,923,622, against $58,893,660. New York cables opened in London at 486 5-32; Paris, checks. 123.97; Amsterdam. 12.055; Italy. 92.925: Berlin. 20.50. Daily average production of crude oil in United States In week ended Aug. 28 totaled 1.740.953 barrels, a decrease of 537.642 barrels, according to Oil and Gas Journal. June boot and shoe production 27.839,417 pairs, against 28,452,268 in May and 23,904,402 in June, 1930. Six months 159,403,076 pairs, against 158.475,256. July output of automobiles in United States and Canada totaled 223,181 units, against 257,492 in June and 275,721 in June, 1930. Seven months 1,862.225 units, against 2.584.986. DEBT DELAY OPPOSED BY MEXICAN CONGRESS Proposal Would Postpone Foreign Obligation for Two Years. By United Press MEXICO CITY, Sept. I.—The Mexican congress will convene in regular session today, following a summer-long special session which ended Monday without acting on the Lamont debt agreement, one of the announced purposes of the session. It had been expected that the agreement would be ratified despite strong radical opposition. The agreement was reached between Thomas Lamont, chairman of an international banking group, and Montes De Oca, Mexican minister of finance, for postponement of gold payments on the Mexican foreign debt for two years. The agreement was made necessary by the recent sharp decline in the value of the Mexican silver peso. KEEPS A SECRET WELL Mrs. Hoover’s Personal Guard Weds; It’s Just Been Bared. By United Press WASHINGTON, Sept. I.—lt takes a secret service man to keep a secret. Mrs. Hoover’s personal guard, Grady L. Boatwright, proved that today when he disclosed that during the absence of Mrs. Hoover and his fellow secret service men at Camp Rapidan last week-end, he was married. Boatwright had remained in Washington. The bride was Miss Mabel Craven, Sutton, W. Va. Boatwright’s home is Augusta, Ga. He has been in the secret service detail at the White House for five years. 150 LOSE CITY JOBS Work Ended as Playground, Pools Close for Season. More than 150 summer city employes ended their jobs today as fifty playgrounds, five pools and two municipal beaches were closed by the city. Equipment was moved from the recreation centers to shops for repair and winter storage. The playgrounds and pools have been open since June 15.
STICKLERS F. G. A.P.T. Above are three well-known abbreviations. They are set in a column to form an addition. Each letter stands for a different figure from 1 to 9. Thus the three letters “F. 0. B.” changed to the figures they represent form a number of three fig* • ures and the other abbreviations do likewise. Can you supply the correct figures? We’ll give you this tip: “A,” the only letter used twice, is the key to the puzzle. I Answer for Yesterday run 1 ii ' 1 1 i i 1 1 < 1 -1 By moving tfie three bars, indicated by the dotted lines, to positions marked _ 1,2 and 3 four pens are formed, with no bars left over. jy James T. Hamiil & Company Prirate Wire* to All Leading Market*. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Klieg 5493—Riley MM
DRYS PLANNING MASS MEETINGS OPENINGSEPT. 9 Noted Speakers to Visit in Campaign ‘to Resell Prohibition/ Announcement of plans for a series of mass meetings Sept. 9, 10 and 11, afternoons and evenings, at Cadle tabernacle in a “fight to resell prohibition to the nation” was made today. Final arrangements were being made here today by C. C. Hamilton, business manager of the Christian Endeavor World and publication manager of the International Society of Christian Endeavor. Drive Nation-Wide He is representing the Allied forces for Prohibition, headed by Dr. Daniel A. Poling, which is conducting a nation-wide campaign. Hamilton, also president and national field secretary of the Interdenominational Young People’s’ Commission, announced that seven noted speakers, who will travel throughout the entire country in a ten-month drive, will appear at the Cadle tabernacle meetings here. Speakers Are Listed Speakers will include Dr. Ira Landrith of Christian Endeavor fame; Robert C. Ropp, chairman of the Allied Youth Movement; Grant M. Hudson, former dry leader in congress; Miss Norma C. Brown, secretary of the Allied Forces for Prohibition; Colonel Raymond Robins, reformer; Dr. Daniel A. Poling and Oliver W. Stewart, vice chairman of the allied forces and president of the Flying Squadron Foundation. THEFT OF 70 CHICKENS ADMITTED, OFFICERS SAY Four Men Are Held by Sheriff on Grand Larceny Charges. Claiming a confession from four men that they had stolen seventy chickens Monday night, deputy sheriffs today held them on grand larceny charges. The men are William Heather, 46; Walter Heather, 20; Roy Mobley, 19, and Kyle Burrs, 30, all of 2357 Southeastern avenue. Deputy sheriffs Pat Kinney and Harry Cook arrested the men on the Five Points road near the Big Four railroad. Several sacks and chickens were found in the car, the deputies said. Thefts of chickens were at the home of W. A. Waterman, R. R. 8, Box 371, and Otto W. Schakel, R. R. 9, Box 441, deputies said the quartet admitted. SIGNS SIX OPERA STARS Herbert Witherspoon Sails for New York on Liner Bremen. By United Press PARIS, Sept. I.—Herbert Witherspoon, American opera singer, sailed for New York on the liner Bremen today, after signing six stars for the Chicago season. Witherspoon considers Jan Kiepura, Polish tenor, formerly costarred with Jeritza, his most valuable artist. He also has high praise for Clara Clairbert, Belgian coloratura.
SIOO,OOO Fletcher American Company One-Year First Mortgage 5% Real Estate Certificates, Series AX Priced at Par to Yield 5 per cent Dated September 1, 1931 Due September t, 1-939 Interest Payable March 1 and September 1 at the Offices of Fletcher American Company, Indianapolis Coupon Certificates in Denomination of §I,OOO, SSOO and SIOO THE FLETCHER AMERICAN NATIONAL BANK of Indianapolis, Trust"
Plan of Issue —These Certificates are secured by approved first mortgages on real estate, which are deposited with The Fletcher American National Bank of Indianapolis, as Trustee, in specifically designated groups or series. Holders of these Certificates in reality own the mortgage! themselves, each Certificate having its proportionate interest in each mortgage securing the particular series of which it is a part. The proceed* from the collection of interest and principal payments on the mortgage* are used in paying the interest coupons detached from the Certificates and in retiring the Certificates at maturity. Security —The first mortgage loans are made under the supervision of officers of the Fletcher American Company. Mortgages are not accepted for a longer period than five years and in the case of mortgages securing this Series of Certificates all mature prior to the maturity of the Certificates. They are strictly limited to a maximum of 50% of the appraised value of the property. These limitations as to the amount and period of the loan are calculated.to provide the maximum protection against unforeseen changes arising in local conditions and real estate values which might jeopardize the security. The Fletcher American Company makes first mortgage loans only for the purpose of supplying the demand for these Certificates, consequently each first mortgage loan accepted has personal attention and is subject to careful scrutiny. All applications for loans must be made on a standard form furnishing, among other important data, a statement of the purpose of the loan and a complete description of the property. The property is then personally inspected and appraised either by officers of the Fletcher American Company or by expert independent appraisers. The appraisers’ report must not only cover the character and value of the security but the moral character and financial responsibility of the applicant as well. The Fletcher American Company has maintained a policy of conservative distribution of first mortgage loans both as to location and type* of properties mortgaged. It is obviously an additional safeguard to Certificate holders if first mortgages are so diversified. We Recommend these Certificates as a Time Proven Conservative Investment Fletcher American Company Affiliated with THE FLETCHER AMERICAN NATIONAL BANK INDIANAPOLIS Registered Dealer Indiana Securities Commission C*rtijlcats Ne. t
Bright Spots of Business
Bv United Press NEW YORK. Sect. I.—Westinghouse Electric received order lor 3.000 leet hollowsoun Dlllng lor B. & O. bridge at Akron. O. DETROIT —August Chevrolet output 54.958 cars and trucks, against 51.622 m August. 1930. BOSTON—lndustrial production In New England in July Improved over first hall, according to Federal Reserve Bank ol Boston. NEW YORK—Remincton-Rand Company declared regular quarterly dividends on first and second prelerred. NEW YORK—New Rochelle Water Company reports 10.3 per cent gain in gross income lor year ended June 30. ST LOUlS—Christie plant ol Laclede Christie Clay Products Company to operate 100 per cent immediately and add 150 workers. ST. LOUIS —Monsanto chemical rorks to increase wages at local plant. JACKSON. O— Jackson Iron and Steel Company to resume operations Sept. 15. employing 200 men. Chicago Grain Range —Sept. 1— WHEAT— Prev. Open. High. Low. Close, close. Sept.. .45% .463* ,45 s * .46' 4 Aa 3 , Dec... .45% .50 AO 3 , .49 3 4 .493, Mar... .52% .53 .52% .52% .52% Mav... .54 3 4 .55 .54% .54*4 .54 3 * CORN— Sept.. .44 .44' 4 .43% .43 3 :42 3 , Dec... .39% .39% .39% .39% .39*4 Mar... .41% .42' .41% ,41 3 4 .41% Mav... .44% .44% .44 .44 .44 Oats— Sept.. .21% .21 3 4 .21% .21% .21% Dec... .22% .23% .22% .23 .22% Mav... .25% .25*4 .25% .25% .25% RYE— Sept.. .33% .34% .33% .34% .33 Dec... .363* .37 .36% .37 .36% Mav... .40% .41 .40% .41 .40% LARD— Sept.. 7.15 7.20 7.15 7.17 7.05 Oct.. 7.15 7.20 7.12 7.17 7.07 Dec 6.32 6.27 Jan 6.35 6.27 BELLIES— Sept.. 6.25 6.37 6.25 6.37 6.37 Oct ... 6.47 6.47 By United Press CHICAGO. Sept. I.—Cash grain close: Wheat —No. 3 red. 46*4C - . No. 2 hard. 48%c; No. 3 hard. 47'ic: No. 2 yellow hard. 47c: No. 3 yellow hard. 46%c: No. 2 northern. 49%049%'c: No. 2 mixed. 47c; No. 3 mixed. 46c. Corn—No. 2 mixed. 45'ic: No. 3 mixed. 45'ic: No. 4 mixed. 44%c: No. 2 yellow, 45%045%c: No. 3 yellow. 45',ic; No. 4 yellow. 44%c: No. 5 w'hlte. 44c. Oats—No. 2 white. 22%024%c; No. 3 white. 20%@22%c: No. 4 white. 19',ic. Rye—None. Bariev —40@60c. Timothy—s3.so@4. Clover—lloll.4s. By United Press TOLEDO. Sent. I.—Close: Elevator prices: Wheat—No. 2 red. 50%©51%c. Corn—No. 2 yellow. 49050 c. Oats—No. 2 white. 24%ft25Vic; old oats premium 3ft 4c. Rye—No. 2. 42c. Grain on track, 28',ic rate. Wheat—No. 2 red. 44%045c; No. 1 red. Ic premium. Corn —No. 2 yellow. 44 0 45c: No. 3 yellow. 43®44c. Oats —No. 2 white. 21%©22%c; No. 3 white. 19@22c: old oats premium 3 to 4 cents. Clover—Prime. $8.50; October. $8.50: December. $8.75; March. $9.10. Alsvke Cash. $7.75: December. SB. Butter Fancy creamery. 30© 31c. Eggs—Country run, 18022 c. Hay—Timothy per cwt, sl. Local Wagon Wheat City grain elevators are paying 35c i or No. 2 red wheat and 34c lor No. 2 hard w'heat. FREED COPS ARE HEARD Petition for Reinstatement Taken Under Advisement by Board. Request of five policemen suspended because of conviction of conspiracy against national prohibition laws last winter was taken under advisement by the safety board today after their attorney, Fred Bonifield, entered the petition. The convictions of the men were reversed recently in the United States circuit court of appeals in Chicago. They are: Sergeant Martin O'Brien and patrolmen Thomas Gray, Claude Ridenbaugh, Ralph Lambert and David Curran. RAW SUGAR PRICES —Aug. 31— High. Low. Close. Mav 143 1.40 1.40 July 1.47 1.45 1.45 September 1.35 1.32 1.32 December 133 130 1.30
SEPT. 1, 1931
FUTURES MAKE GOOD GAINS AS SHORTS^ COVER Light Deliveries Surprise Trade Into Buying All Grains. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Sept. I.—Exceptionally small deliveries in all grains took the trade by surprise today and prices scored good gains on the Board of Trade as a result of short covering and commission house buying. Wheat gains were limited mostly to fractions and the trade was somewhat quiet. Corn was erratic with September bouncing up nearly 2 cents at the start and losing half of the gain later, but the market was strong. September closed around 1 cent up with the new crop months up small fractions. Oats were firrji with the other grains and had fair gains. Trade Is Surprised At the close wheat was H to % cent higher, corn was unchanged to 1 cent up and oats were H to % cent higher. Provisions were strong. Liverpool was slightly lower than expected today and closed % to % cent off. but it had no effect on the local market. The farm board was reported accepting lower prices abroad. There were no other developments overnight. Cash prices were unchanged. Receipts were forty-six cars. The trade was completely surprised when no corn was delivered on September contracts this morning whereas heavy deliveries had been expected. September rose nearly 2 cents, but offerings were freer on the advance and the price reacted bearly 1 cent leaving the market U to 1 cent higher at midsession, the deferred months advancing fractionally in sympathy with September. Cash Corn Advances No. 2 yellow corn sold at 45’i cents in the cash market, 2*B cents over September. It is believed by some operators that the leading lon:r has been shipping more to feeders and cereal makers than has been reported. Cash prices were unchanged to 1 cent higher. Receipts were 46 cars. Oats advanced fractionallly with the other Deliveries were very small, but had less effect than in the other pits. Trade was very quiet. Cash prices were unchanged. Receipts were 44 cars. By Ti'nes Special CHICAGO. Sent. I.—Carlots: Wheat 134; corn. 108; oats. 64; rye, 2, and barlev. 17.
We Will Buy First Mortgage Real Estate Bonds lasiied By S. W. Straus & Cos. Geo. M. Foreman & Cos. Strauss Bros. Inv. Cos. Zaiser & Zaiser 129 E. Market LI. 9375
