Indianapolis Times, Volume 43, Number 100, Indianapolis, Marion County, 4 September 1931 — Page 21

KEPT. 4, 1931.

STOCK SHARES GAIN STRENGTH ON STEEL RISE Shorts Cover in Favorite Around Noon; J. I. Case Meets Support.

Average Stock Prices

. of Ihirtv Industrials for Thurs<Jav. 183. H. off 4 17. Average of twenty **}}*•, 84 ■**. of! 1.15. Average of iwentv utilities. 55.21. off 1.31. Average of forty bonds. 83.10. off .29. BY RICHARD T. GRIDLEY United Press Financial Writer , NEW YORK, Sept. 4.—Urgent Felling pressure dried up on the Stock Exchange today and pivotal shares held within a comparatively narrow range. Further weakness appeared as an aftermath of the hurried liquidation that swept over the list during the preceding two sessions, but these outbursts had comparatively little effect. Traders took their cue from the action of steel common. After breaking nearly a point to another new low since 1922, the stock quickly rallied nearly 2 points. This firmness stimulated extensive short covering and the market developed some firmness toward noon. No attempt was made, however, to rally the list. Telephone Under Pressure The speculative community was kept in an uneasy state by heavy selling attacks on leading shares. American Telephone was under particular pressure, breaking more than 3 points to 165’A, anew low since early June. Selling was inspired by rumors of a divided reduction in the not distant future. Selling in Telephone had an adverse affect on other utility leaders, especially International Telephone and American and Foreign Power, which have been affected by the current disturbances in Spain, Chile and Ecuador. Westinghouse Electric was another weak spot, selling off nearly a point at one time to anew low for the bear market. | J. I. Case, on the other hand, met j some support around its recent low following its 10-point collapse of i the previous session. Gold Shares Advance Comparatively little attention was paid to movements in other sections of the list. A few rails, including Great Northern preferred and New York Central, sold at new lows for the past decade and then recovered, while the advance in the gold mining shares continued. Outside markets were unsettled. Cotton and corn were firm but wheat was lower. On the bond market, prices drifted lower with German issues under pressure, notwithstanding the signs of stability in the Berlin bourse, which opened Thursday amid confusion after its enforced seven-week shutdown.

Bank Clearings

INDIANAPOLIS STATEMENT —Sept. 4 ClrarinKS Debits 5.793,000.00 CHICAGO STATEMENT —Sept, 4 Clearings £2 Balances 6,900.000.00 TREASURY STATEMENT —Sept, 4 Net balance for Sept. 2 $125,255,728.62 Expenditures * Customs rects. mo. to date.. 1,(21,430.73

New York Bank Stocks

(Bv Thomson ft McKinnon) —Sept. 3 . , Bid. Ask. America 37% 39% Bankers 87% 91 % Brooklyn Trust 340 350 Central Hanover 200 204 Chase National .......... 59% 61% Chatham Phoenix Natl.... 50 52 Chemical 43% 45% City National 75% 77V* Corn Exchange 91% 94% Commercial 2 H5,- 2 i|si/ Continental 22% 24* Empire 41 43 First National 3.325 3.425 Guaranty 432 437 , Irvina ••••• 2J-* 30* Munhatan it Cos a9%, 61 * Manufacturers 44% 46% New York Trust 132 135 Public 39% 41%

Investment Trust Shares

(By Gibson ft Bernard) PRICES ARE TO 12 NOON C. S. T. —Sept. 3 Bid. Ask. Amer Found's Corp com 2% 2% Am it Gen Sec “A" 11% ... Am Inv Trust Shares 4% 4% Bfffcic Industry Shares 4% 5% Corporate Trust Shares 4% 4% Cumulative Trust Shares 6 6% Diversified Trustee Shares A 14% ... First American Corp 6% 7% Fixed Trust Oil Shares 4% ... Fixed Trust Shares "A” 12 Inv Trust N Y 6% * 7% Leaders of Industry Series A 6% ... Low Priced Shares 6% 6% Nation Wide Securities 5% S’* National Industry Shares 4% 5% N Am Trust Shares 4% 4% Sel Am Shares 4% 4% Shavmut Bank Inv Trust .... 7% 8 a Universal Trust Shares 4% 5% Super Corp of Am Tr Sh "A” 5% 5% Fundamental Trust Shares A 5 s * 6% Fundamental Trust Shares B. 6 6% U 8 Elec Light & Pwr A 28% 30'* Standard Amer Trust Shares .. 5% 5%

New York Curb Market

(By Thomson <& McKinnon) —Sept-. 4 11:301 11:30 Alum Cos of A 117 3 1 Ind Terr (A).. P 3 * Am Gas & El. 62'v Insull Ut 25i a Am Sup Pwr.. 10‘; Int Pete 12 Ark Gas iA>.. 4 i Midwest Ut .... 15Vi As Gas *EI A 11 a Mo Kan Pipe.. 4V* Braz P'r &Lt 15 s * Nat Inv 44 a Can Marc 2' Penroad 5 Cent Sts Elec.. 6 V Sel Indus 2 7 a Cities Serv ... 9 7 YSo Union Gas.. s>-a Cons Gas Balt. 86 ; Std of Ind .... 25 s Cord 7 i Trans A Trans. 51* Deere Cos ... 15Y Union Gas .... s‘ a Elec Bond Sh 35' Un Verde 7V a Ford of Eng .. 9H Ut & Indus ... S'* Fox Thea 2V Ut Pwr (B< .... B' a Hudson Bav .. 3 s i United Fndrs.. 4'.. New York Liberty Bonds -4-Sept. 3 S‘is 102.7 Ist 4>,s 102 29 4th 4>„S 104.26 Treasury 4's 112.10 Treasury 4s 108.4 Treasury 3-\tS 106.4 Treasury 3 3 sos '47 102.26 Treasury 3 3 *s of '43 iMarch) 102.19 Marriage Licenses George Seidenstlcker Jr.. 30. of 3720 North Pennsylvania street, salesman, and Charlotte H. Uhl. 32. of 3911 Ruckle street. Walter C. Sommer. 23. of R. R. 8. Box 370. purchasing: agent, and Loraine Eisile, 20. of 1226 Parker avenue, secretary. Ravmond Shelley. 21. of 1920 West Michigan street, truck driver, and Goldie Westbrook. 17. of 1920 West Michigan street. Paul Caldarone, 22. of 526 Fast Merrill street, fruit dealer, and Betty Moulton. 16. Indianapolis Ravmond V. Fenter. 24. of 2838 Washington boulevard, grocery manager, and Carrie Mae Howard. 20. of 1934 Cooper street. Charles Clayton Callender, 33. Detroit, salesman, and Agnes L. Qardiuer. 18. of 2535 North Talbot street. SI,OOO Loot from Store GRANDVIEW. Ind., Sept. 4—Dry goods, groceries and meat valued at SI,OOO were stolen from the Ferguson & Haines store here. Entrance was gained to the store by breaking the front door.

New York Stocks ~ (By Thomson ft McKinnon)"""”""

—Seat. 4—i Prer. Railroad*— High, Low. 11.30. cioae. Atchison 131% 131% 131% 133 Bail it 0hi0.... 42 41% 41% 41% Cnesa A: Ohio.. 34% 34% 34% 34*4 Chesa Corp 33 Chi Ort West 8% Chi N West., 23‘ C R I it P 33 Del L it W 45 4g Del it Hudson ... 1 1 2 trie / 18% trie lit pfd.... 23% 23 23 23 Great Northern 32% 32% Illinois Central. 35% 35 3a 3a% Lou St Nash 82*4 M K it T 10% 10% 10% 11 Mo Pacific 18% Mo Pac.tic ptd 47% 48* N Y cenirat.... 96 65 65% NY NM <s H.. 49 48% 49 49 I Nor Pacific 30% 31 f Norfolk ac West .. 1a2% i O W ... 11 H Pennsylvania .. 36% 35% 39% 37 KeaoniK 66% 65*2 66% 6 Bo Pacific 70 % 70% 70% 70* a Southern Rv 23 22% at Paul 4 4 at Paul Did 6% 6% at L Si 8 P 13 13 a Texas it Pac _ 55 Union Pacific ...136 135% 135% 133% | Waoush 8% W Maryland 11 11 Equipments— I Am Locomotive 15% I Am Bteel Ft ... 14% 14% ; /vrn Air Braae 8 26 v | Gen Am (an* 05% [General hlec ... 39% 39% 39% 33% I Gen Rv signal >% i Lima coco 22 | Pullman 29 I vVestingh Ar B .... 22% I West.ngn Elec.. 57% 56% 57% &(-! i Rubbers — I Flrtston 17% Fisk i Goodrich 11 “V* Goodyear i Keliy bprglld 1% Lee Ruboer | Motors—- ! Auourn 120 130 Chrysler • 20 * General Motors. 34% 34*4 34% 34% Hudson 12‘/4 12% Hupp 8 % MaCK • 2 4 Marmon 2 * Nash 24 24 Packard 6% 6% Reo , ••• 5% 5% Studebaker 16, 16 Yellow Truck ... 7 6% 6% 6% Bendix Aviation 22% 22 22% 22 iiorg Warner 18 18 Briggs 12% 12 12 12 Buuu Wheel ... 8% 8% Campbell Wy 11% Baton 12% 12% 12*4 12% El Storage B 51 Houda •. ... ... 5% Motor Wheel.,,. .. ... ... 8% Sparks W .. ... 7 10 Timkm Roll 31 Mining— Am Metals .. ... 9% 10 Am Smelt 29 % 29% Am Zinc _ 4% Anaconua Cop. 23% 23% 23% 23 s Cal & Hecla 6 Cal it Arlz , ... 38 Cerro de Pasco 14% 14% 14% 14% Dome Mines.... 12% 12 12% 11% Freeport Texas ... 25% Granby Corp 11% Great Nor Ore 18% Howe Sound 18% Int Nickel 12% 12 12% 12% Kennecot Cop. 16*2 16% 16% 16% Magma Cop .... .. .... ••• 12% Nev Cons 7% 7% 7% 7 Texas Gul Sul.. .. ... 33% 33% U S Smelt 14% 15 Oils— Amerada 18 18 Atl Refining.... 15% ... 15% 15% Barnsdail 8% 8% 8% 8% Houston 8% Indian Refining 3 Ohio Oil ... 10% 10% Mex Seaboard.. 13V 4 13 13 13% Mid Conti ..... 9 8% 9 9 Phillips 8% BV4 8% 8% Pr Oil & Gas 10% Pure Oil 8 8 Richfield 1% 1% Royal Dutch .. .. ... 22% 22% Shell Un 5% 5% Simms Pt 7% Sinclair 9% 9% 9% 10 Skelly 5% 5% 5% 5% Standard of Cal 39% 39 39 39% Standard of N J 39,. 38% 38% 39% Soc Vac BV* 18% 18% Texas Cos 24 23% 24 24% Union Oil 16% Steels— Am Roll Mills ... 19% 19% Bethlehem 37% 36% 37 37 Byers A M 28% 23% 28% 28% Colo Fuel ... ... 13% Cruc Steel 37% 37% Inland 39 Ludluin 11% Midland 13% # 13% Newton 7 Republic I St S. .. ... 12 12% U S Steel 83Vi 82% 82% 83% Vanadium 26% 26% 26% 26% Youngst S & W 15 Youngst S & T 4040 Tobaccos— Am Sumatra .••• 8 Am To (Anew). 105 ... , 105 105 Am To (B new).lo9’i 108% 109% 108% Con Cigars 35% General Cigar 35 35 Lis: & Mvers 8.. .. .. 6o' 65 J 8 Lorillard 16% 16% 16% 16% Reynolds Tob ... 47% 47% 47% 47,a Tob Pr A 9% 9% 'tob Pr B ... 3 United 4 Utilities— Abitibi ~ ... * Adams Exp .... 13% 13% 13% 13 a Am For Pwr ... 26*/a 26% 26% ?~' 2 T* ‘.167% 166% i66% 168V2 Col Gas &El .. 28% 28% 28% 28% Com ft Sou .... 7% 7% 7% 7% El Pwr Li 37% 36% 37 37% Gen Gas A 4% 4% Inti T T 26% 26 26 26% Natl Pwr Ac Li .. ... 23% 23% No Amer Cos ... 66 65 65 67 Pac Gas ft El , .•• , 45% Pub Ser N J ... 78 77% 77% 78 SO Cal Edison 43% 42% Std Gft El 60% 60% United Corp ... 21'2 21% 21% 21% TJt Pwr it L A.. 22% 22% 22% 22% West Union ....110 109 109 109% Shipping— Am Inti Corp 12% 12% N Y Ship 5 ... United Fruit .... 52% Foods— Am 53 a Armour A 1% Cal Pku ... ... 22 Can Dry ....... 33 30% 30% 32% Childs Cos I?., Coca Cola ... ... 141% Cont Baking (A) 11% 11*% 11% ••• Corn Prod 64 Crm Wheat 27% ... Cudahy Pkg.... .. ... 39 ... Gen Foods .... 49% 48% 49 • 49 Grand Union 15% Hershev 96% 96% Jewel Tea 41 % 41% Kroger ...... 30 29% 29% 29 Nat Biscuit 55% 55% 55% 56 Pillsbury 27 26% 26% 27 /s Purity Bak .... ••• 21% 21.-a Safeway St .... 61% 61 61 2 61 a Std Brands .... 18*2 18*8 18% 18_a Ward Bkg 3% 3%

Produce Markets

Errs (country run)—Loss oft delivered In IndianaDolis. 12c: henerv oualitv No. 1. 14 p'oult°rv ’(buving prices)—Hens weighing 5 lbs. or over. 18c: uder 5 lbs.. 17c- Leßhorn hens. 15c: 1930 broilers, full feathered 3% lbs. and up. 23c: under 21c: bareback, 12c: Leßhorn broilers. 15c: surinß chickens. 4 lbs. and over. 20c: under 4 lbs . 17c: ducks. 9c: old cocks, B®9c: ducks, full feathered, fat whites. 9c: Reese 6These prices are for No. 1 top Guaut./ auoted bv Kinean & Cos. Butter (wholesale) —No. 1. 31®32c: No. 2 29@30c. T>.J f ♦ iq f Q^ n Cheese' (wholesale selling pound)—American loaf, 23*/c, pimento loaf. 25%c: Wisconsin firsts. 19c. Longhorns. 19c: New York llmbcrßer. 30c By United Press NSW YORK. Sept. 4.—Potatoes—Market, dull and weak: Lena Island. $1.75©L95 per barrel: New Jersey. 85c®5.160 per basket. Sweet potatoes—Market, dull and weak: Jersey baskets. $101.75; southern baskets 40c(fl$l: southern barrels. $1.50. a 1 2.50. Flour —Market, auiet and steady; snrinc patents. $404.40. Pork—Market, dull- mess. s2l. Lard—Market, auiet: middle WTst spot. .07400.75 c. Tallow-Mar-ket steadv: specinl to extra. .02*20 .02%c. Dressed poultry—Market steady; turkeys. 254 1 50 c: chickens. 20037 c: brooilers 21® ; 35c fowls. 12®31c: ducks. Long Islands. 130718 c. Live poultry—Market, steady; i ceese. 104712 c: ducks. 12022 c: fowls.lß® I 25c- turkeys. 20®30c: roosters 14i 15c: chickens. 18®26c. Cheese—Market steady: state whole milk.'fancv to special, 15*2© 23'iCi Yoouna America. 16*2©16%c. By United Press CHICAGO. Sept. 4 —Errs Market, firm; receipts. 6.609 cases: extra firsts. 20c: firsts. 10c; current receipts. 15tftl7c. seconds. 10tfil4c. Butter Market, finn. receipts. 8.529 tubs: extras. 29*ac; extra firsts. 27’--28’.c: firsts. 2547 26c; seconds. 22-24 c: standards, 29c. Poultry—Market, unsettled; receipts. 1 car; fowls. 19i22c. snrinpers. 18--20 c: Leghorns. 15c: ducks 14*118c: Reese. 13 c: turkevs. 15018 c. roost cxs. 14c: broilers, 2 lbs.. 1-0 19c. broilers, under 2 lbs.. 17/x 19cbroilers. 16c Cheese—Twin 15k,-/15*2C. young Americas. 15 s . ts 16c. Potatoes—On track. 247: arrivals. 77; sh pments. 495: market, dull: Wisconsin cobblers. $101.05; Minnesota cobblers. 90cr$l: Early Ohios. 80© 90c: Idaho russest. $1.70© 1.80. By United Press CINCINNATI, 0.. Sept. . 4.—Butter, steady: creamery in tub lots according to score, 244726 c; common score discounted, 2'u3c: packing stock No. 1. 20c: No. 2. 17c; No. 3.12 e: butter fat. 254727 c. Eggs— Steady: cases included; extra firsts. 22c; firsts. 18'jc: seconds. 17c: nearby ungraded. 18’ac. Live Poultry—Thin and coarse stock sell 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. 11c: broilers colored 1 4b. nnd over. 19c; 1% lbs. and -Over. 19c: 2 lb and over. 18c: fryers. 3 lbs. and over. 19c: partly feathered. 15c; Leghorn broilers 1 lb. aod over. 19c: l'a lbs. and over. 17c: 2 lbs. and over. 17c: blpck springers. 15c; roasting chickens 4 lbs and over. 22c. By United Press CLEVELAND. Sept. 4.—Butter—Extras. 33* jc; stanriards,33c: market, firm. Eggs— Extras, 25'ac: firsts. 19c; ordinary firsts. !4'ic: market, steady. Poultry—Heavy fowls 23ft24c; medium. 22c; Leghorn, 15© 18c: heavy broilers. 20®21c: light broilers. 154719 c; ducks. 124718 c: old cocks, 12014 c: market, steady. Potatoes—Ohio Cobblers mostly 75c bushel sack; New Jersey Cobblers. $2.10*72 15 per 150-lb. sack; Idaho Russian Burbanks mostly $2.15 per 1007 Tb sack; Long Islands mostly $2.15; few $2.25 per 150-lb. sack.

Drugs— Coty Inc 7 7 Lambert C 0... 70 69% 70 68% Lehn it Fink Industrials— Am Radiator.... ... . 12 Certalnteed '4% 5 Gen Asphalt 19 19 Uhigh Port ... ... 10 Oils Elev 35% 36 Indus Chems— Allied Chem ...108% 107% 107% 107*2 Com SolV 16% 16 16 16 Union Carb .... 48 47% 47% 48*2 U 8 Ina Aico... 31% Retail Stores— Assoc Dry Gds 19% 19% Otmbel Bros .... ” ] * * J 2 Kreage 8 8 as’. 27 May D Store " . 31 Mont Wara 19 18% 18% 19% Z e £ aV . ■■■ 4 °Ti 39% 40-4 41% Bchuue Ret St 5% . Sears Roe 54% 53% 54 54% Wool worth 67% 85 66% 67 V* Amusements— Col Graph ... 7 7 Croslev Radio ..5% 5 5 Eastman Kod ..136% 134 134% 137% Fox Elim A 13% 13Va 13% 13 * Grigs Dy Gru 3% 3 Loews Inc 48% 48'* 48% '48% Param Fam 23% 23% 23% 24', 2 Radio Com 13-* 18% 18-* 18% R-K-O 14% 14 14% 14% Warner Bros ... 9% 8!4 9 9Va Miscellaneous— City ice & Fu 30 Congoleum 13% 13% Am can 89% 88% 89 88% ! Cont Can 47 48% 46% 47 | Curt.ss Wr 2% 2% Gillette 8 R 18% 17% 17% 18 Heal Silk 6 6% Un Arcft 26% 25% 26 26% Int Harv 36*2 36% 36% 36% J I Case 48% 47% 48% 48% Other Livestock Hu United l'reus CHICAGO. Sept. 4—Hogs—Receipts, 16,000. including 3.000 direct: steady to 10c lower: packing sows. 10®25c off: 190-230 lbs,. $6.50'0-6.65: top. *6.10: 260-320 lbs.. $5,604(6.50: 140-180 lbs.. 55.75®6.50: Pigs. Soli 5.50: packing sows. $4.25@5; smooth light weights to *5.35: light fights. 140-160 Ids., good and chooice. $5,754(6.35: light weight. 160-200 lbs., good and choice. *6.104*6.70; medium weights. 200-250 lbs. good and choice. [email protected]; heavy weights. 250-350 lbs., good and choice. *5.504(6.70; packing sows. 275-500 lbs., medium and good. [email protected]; slaughter pigs. 100-130 lbs., good and choice. $4.75® 5.75. Cattle—Receipts. 1.500; calves, receipts. 700: general market slow, steady to weak: *lO choice fed steers here; bulk of steer grop comprising grassy Texas arid Kansas offerings selling at $4,754(5. and common and medium grade natives at $5,504(7.50: best available around $8.50: low cutter and cutter cows and bulls, fully steady; fat she stock weak; vealers unchanged; slaughter cattle and vealers: steers. 600-900 lbs., good and choice. $7,754(10: 1100-1300 lbs., good and choice, $7.7541(10.10; 1300-1500 lbs., good and choice. $7,754? 10.15: 600-1300 lbs. common and medium. [email protected]: heifers. 550-850 lbs., good and choice, [email protected]: common and medium. $3.25®7.25; cows, good and choice $44(6.75; common and medium. $2.75@4: low cutter and cutter. [email protected]; bulls, yearlings excluded, good and choice, beef. $44(5.25; cutter to medium, $2.75® 4.25: vealers. milk fed. good and choice. $94(11; medium. $74(9: cull and common. $54?7: Stocker and feeder cattle: steers, 500-1050 lbs., good and choice. $5.50®7: common and medium. $44(5.50. Sheep--Receipts. 16.000: fat lambs, slow, few early sales natives around steady: best to citv butchers. $7.85: bulk to packers. s7® $7.50: asking highr on westerns bid around steady: sheep scarce, steady; feeding lambs fairly active and fully steady: slaughter sheep and lambs: lambs. 90 lbs, down, good and choice. [email protected]; medium $5,254(6.75; all weights common, $3.75® 5.25: ewes. 90-150 lbs. medium to choioce, $1,254(2.50; all weights, cull and common. 75c4(51.75: feeding lambs. 50-75 lbs., good and choice. [email protected]. By United Press FT. WAYNE. Sept. 4.—Hogs steady. 100- • 140 lbs.. *5.75: 140-160 lbs., $6; 160-180 lbs . $6.30: 180-200 lbs.. $6.40: 200-225 lbs., $6.50; 225-250 lbs.. $6.60; 250-275 lbs.. $6.45; 270-300 lbs.. $6.35: 300-350 lbs.. $6.20: roughs. $4.25; stags. $2.75; calves. $10; lambs, $6.50. By United Press EAST BUFFALO, Sept. 4 Hogs—On sale, 1,400; rather slow; weights above 160 lbs., 15c to mostly 25c lower; lighter averages about steady, desirable 180-220 lbs.. [email protected]; 160-170 lbs., $6,604(6.85; weights below 150 lbs., $6.254(6.50. Cattle —Receipts, 250; general trade about steady; grassy offerings slow, medium to good yearlings, $3.5G; plainer kinds, $7.50; fleshy grassers, $6.75; cutter cows, $1.50 @2.75. Calves—Receipts, 400; vealers, active, *steady; good to choice, $10.50 to mostly $11; common and medium, sß® 9.50. Sheep—Receipts, 1,300; lambs, active: fully tseady, good to choice, $8; some held higher, medium kinds and bucks, $6.50® 6.75; throwouts, $54(5.25; fat ewes, $1.50 @2. By United Press CLEVELAND. Sept. 4.—Hogs—Receipts, 1,100; holdovers, none; mostly 15@25c lower; 160-250 lbs. sorts, $6.85; heavier weight scarce, light lights and pigs downward to $6; all weights under 170 lbs., under most pressure. Cattle —Receipts, 400; largely oversupplied with trashy, other market forwardings: decidedly dull; downturn of fully 2j>®soc from Monday; appear necessary to move such kind; 813819 lbs. weights trading medium, $7.25; medium, 621 lbs. heifers, $6.10; low cutter to medium cows barely steady, [email protected]. Calves—Receipts, 150; scarcity ofreing active erratic week' end trade, most sales 50c@$l higher andw upward to [email protected]; odd head best, sl2; cull, [email protected] or above. Sheep—Receipts, 600; considering dry fleeces lambs steady to weak; around $7.25 @7.75; very few bringing $8; bulk common to medium throwouts, [email protected]. By United Press LAFAYETTE. Sept. 4.—Hogs, steady to 20c lower; 225-250 lbs.. $6.50; 250-275 lbs., $6.45; 275-300 lbs., $6.35; 300-325 lbs., $6; 200-225 lbs., $6.40: 180-200 lbs. $6.30; 160180 lbs.. $6.25; 140-160 lbs.. $5.75; 120-140 lbs.. $5.50; 100-120 lbs., $5.25; roughs, $4.75 down; top calves, $10; top lamsb, $6. By United Press , PITTSBURGH. Sept. 4 —Hogs-<Receipts, 1.500; market steady to 10c lower; 170-260 lbs.. $6.85@7; 270-320 lbs., [email protected]; 130160 lbs.. $6.25416.75; pigs, largely $5,654(6; packing sows. $4,254(4.75. Cattle—Receipts, 50: market, little change; common steers. $54(5 75. Calves—Receipts, 100; market, steady; choice vealers $lO downward; medium to good grade. s7@9. Sheep —Receipts, 1,300; market, steady; bulk better grade lambs, $7,504(8;' lighter weights down to $6: most common and medium grade, [email protected]. ASSOCIATED ACQUIRES WABASH TELEPHONE CO. Six Indiana Towns Now Served by Company. Associated Telephone Utilities Company today announced acquisition of Wabash Home Telephone Company of Wabash, Ind. The company serves 3,000 telephones, and is considered a logical addition to Associated Telephone Utilities Company's Indiana group. Among the communities already served in the state by Associated Companies are Elkhart, Goshen, Lafayette and Greencastle.

Local Wagon Wheat

City gram elevators are paying 36c for No. 3 red wheat ana 35c for No. 2 hard wheat. *

WHOSE BROWN DERBY? (Sept. 4) What Indianapolis man will be crowned with the BROWN DERBY at the celebration of “Indianapolis Day” at the Indiana, State Fair on Sept. 11? What man will win the bronze plaque that goes with j the Derby? * * * a a a Clip out this coupon and mail or bring to The Indianapolis Times. Just write your choice on dotted line. Vote early and often. OFFICIAL BROWN DERBY BALLOT To the Editor of The Times: Please crown with the Brown Derby as Indianapolis’ most distinguished citizen.

THE INDIANAPOLIS TIMES

SWINE STEADY TO 20 CENTS OFFJTYARDS Cattle Market Unchanged; Buyers Force Vealers Up 50 Cents. With the exception of some weighty butchers around 20 cents off, hogs showed a steady tone this morning at the yards. The bulk, 160 to 300 pounds, sold for $6.50 to $6.75; early top holding at $6.75. Receipts were estimated at 4,500; holdovers were 255. Steady prices prevailed in the week-end cleanup trade in cattle. Receipts were 300. Vealers were 50 cents higher at $10.50 down. Calf receipts were 600. Better grade lambs brought $6.50 to $7.75 in the sheep market. Trend steady. Receipts numbered 2,000. Top price was SB. , Chicago hog receipts were 15.000, including 3,000 direct. Holdovers, 8,000. Early sales and bids around steady with Thursday’s average. Choice of 180 to 220-pound weights were bid $6.50 to $6.65, while heavier weights around 230 pounds were bid at $6.70. Cattle receipts were 1,500. Calves, 700, and steady. Sheep receipts, 16,000; market unchanged. HOGS Aug. Bulk. Early top. Receipts. 28. $6,554? 6.75 $6.75 3.000 29. 6.554? 6.75 6.75 2,500 31. 6.55® 6.75 6.75 4.000 Sept. 1. 6.404? 6.70 6.70 4.000 2. 6.554? 6.90 6.90 5.000 3. 6.45® 6.75 6.75 6.000 4. 6.50® 6 75 6.75 4,500 —Sept. 4 Receipts, 4,500; market, steady. —Light Lights—-(l4o-160) Good and choice...s 6.10® 6.25 —Light Weights—-(l6o-180) Good and choice.... 6.55 180-200) Good and choice.... 6.60 —Medium Weights—-(2oo-220) Medium and g00d... 6.65 (200-250) Good and choice... 6.65® 6.75 —Heavy Weights—-(2so-260) Good and choice..., 6.50® 6.70 (200-350) Medium and good.. 6.10® 6.50 Packlne Sows (275-500) Medium and good.. 4.00® 5.50 (100-130) Slaughter pigs .... 6.00® 6.10 CATTLE (Slaughter Class) Receipts, 300; market, steady. —Steers— Good and choice $ 8.25® 10.00 Common and medium 5.00® 8.25 (1.100-1.500) Good and choice B.oo® 9.75 Common and medium 5.50® 8.00 —Heifers—-(soo-850) 4 Good and choice 7.50® 9.75 Common and medium 4.50® 7.50 Cows Good and choice 4.00® 5,50 Medium 3.00® 4.00 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. 600; market, higher. —Vealers— Good and choice [email protected] Medium 8 004(10.00 Cull and common 6.00® 8.00 —Calves— Good and choice 6.00® 7.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice i 5.25® 7.00 Common and medium 4.00® 5.25 (800-1.500) Good and choice .".... s.or@ 7.00 Common and medium 3.7,® 5.00 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 6.50® 8.00 Common and medium 3.00® 6 50 Ewes, medium and choice.... 1.50® 2.50 Cull and common 50® 1.50 Other Livestock By United Press Q n S J- UOUIS. Sept. 4.—Hogs—Receipts. 8.000: market, steady to 10c lower; top. $6.50; most 170-260 lbs.. [email protected]: 130160 lbs.. $5,854(6.25: 100-130 lbs.. $5.50® 5.90: sows, mostly $4.25®5.25; with a few around $5.50. Cattle—Receipts, 1,000; calves, receipts. 500; market, receipts too fight to make a market: vealers. 25c lower; other classes mostly steady in a cleanup trade: not enough steers on sale to warrant mentioning: a few mixed yearlings and heifers principally of a kind to sell around $7: cows, largely [email protected]; low cutters, $1,754(2.25: top medium bulls. $3.50: good and chooice vealers. $lO. Sheep —Receipts. 1,500: market, steady; top lambs to city butchers, $7.50; bulk to packers, [email protected]; buck lambs. [email protected]; common throwouts. $3.50; fat ewes. $2 down; lambs, 90 lbs. down, good and chooice. $6.75®7.50; medium. $5®6.75: all weights, common. $3.50@5; ewes, 90-150 lbs., medium to choice, $1 @2.25; all weights, cull and common, 50c®51.25. By Times Special r,i jOU i sv ,I L I jE ' Sept. 4.—Hogs—Receipts. 600; 20c lower: 175-240 lbs., $6.45; 240-300 lbs.. $6.20; 300 lbs. up. $5; 130-175 lbs., $5.75; 130 lbs down. $5.25; packing sows, $3.25®4; stags, $3 down Cattle —Receipts. 800; steady: medium and good slaughter steers and heifers, $5,504(6. Calves —Receipts. 250; steady; best vealers. $8.50; throwouts. $5.50 down; medium calves. $4,504(6. Sheep and lambs—Receipts. 750; steady; best fat lambs. $6.75® 7; buck lambs. $6: light fat lambs. $44(5: throwouts. $3.50 down; western breeding ewes mostly $7.50 per head, Thursday’s shipments: Cattle, none; calves. 283: hogs, none; sheep. 258. By United Press CINCINNATI. Sept. 4.—Hogs—Receipts. 2.500: heldover 230; mostly 20c lower, slow at decline weights below 170 lbs and weighty butchers around 25c lower: better grade 180-240-lb. averages, largely $6.80; some 260-270 lbs.. $6.50; 280-300 lbs. down to $6.25; 120-150 lbs. mostly Jf6; 150-170 lbs.. $6.25; choice up to $6.50; sows steady, $44(4.75: smooth lightweights, $5. Cattle —Receipts, 400; calves. 475; slow, about steady; mostly catch-as-catch-can market on lower grade steers and heifers at $4.50 4 6 25: sprinkling of yearlings. *7.25®8; most beef cows. $3.50®4.50; low cutters and cutter cows. $24(3.25; bulls in better demand at s3®4; vealers steady; good and choice. s9@lo; some weakness on lower grades at $8.50 down. Sheep—Receipts, 1.500: slow, generally steady; better grade ewe and wether some upward to $8; common throwouts, $4 4(4.50; buck lambs. [email protected]; fat ewes largely $1.50 downward. By United Press TOLEDO. Sept. 4- —Hogs—Receipts. 250; market 10® 15c lower; heavies. $5,404(6; mediums, $64(6 40; Yorkers. $5.50&5:75; pigs. [email protected]. Cattle-—Receipts, 100; market, steady. Calves—Receipts, light; market, steady. Sheep—Receipts, light: market, steady.

BELIEVE IT or NOT

JWAN -"The Terrible I 39,8 54276 I mS of (he new (Car AMMSEREKWNWSWWNC 'AUMHE WKS APPEAR +***s%■ AfTER YT WAS KILLEP 6uT ONCE PrcK * Hol!ow Chh > t>/ Lgoh Bisson, St Come,Canada. — —lWlab.TcxA'i. * Q 1931. KingFxature* Syndicate, Inc u Great Britain rights reserved.

Dow-Jones Summary

General Printing Corporation declared a regular quarterly dividend of 62 % cents on common stock, payable Oct. 1. of record Sept. 15. Western Pipe and Steel Company of California in six months ended June 30. 1931. net profit amounted to $361,122 after all charges and federal taxes eaual after preferred dividend requirements to 52.09 a share on 170,751 outstanding shares of common stock. Southwestern Light and Power Company declared a regular quarterly dividend of $1.50 on preferred stock, payable Oct. 1, of record Sept. 15. New York cables opened in London at 4.86. against 4.8607; Paris, checks. 123.94; Amsterdam. 12.062; Italy, 92.925; Berlin. 20.55. • Allis Chalmers unfilled orders as of Aug. 31 totaled $8,700,000 .against $8,900.000 on July 1, and $16,239,000 on Aug 31, 1930. Southwestern Gas and Electric Company declared a regular quarterly dividend of $1.75 on 7 per cent preferred stock, payable Oct. 1. of record Sept. 15. Electrical output of Toledo Edison Company in August was 36,148,303 kwh. In July and 37.078,828 In August, 1930. Continential Banking Corp. declared a regular quarterly dividend of $2 on preferred stock, payable Oct. 1, of record Sept. 14. Panama Railroad Cos., excluding operations of subsidiary companies showed net profit of $157,053 for fiscal year ended June 30, against $302,355 in previous year. R. J. Reynolds Tobacco Cos. declared a regular quarterly dividend of 75 cents on each common and common class B. stock. Brokers’ loans increased $17,000,000 in week to $1,366,000,000. Non-brokers’ loans up $5,000,000 Reserve system ratio at 70 4-10. against 79 9-10 per cent week ago, and 80 8-10 per cent year ago. New York ratio at 81 7-10 per cent and 81 5-10 per cent, respectively. Pacific Telephone and Telegraph Company declared a regular quarterly dividend of $1.75 on common stock, payable Sept. 30. of record Sept. 19. World production of slab zinc amounted to 76,033 shot tons in July, against 80,555 in June and 86,328 in May, according to American bureau of metal statistics. New York Shipbuilding Company, formerly American Brown Boveri Electric Corporation declared a regular quarterly dividend of $1.75 on preferred stock, payable Oct. 1. of record Sept. 19. Chicago retail coal prices have been advanced 10 to 25 cents a ton. Sinclair meets price of 68 cents a barrel PQsted bv other companies for East Taxas crude oil. Canadian Pacific August gross amounted to $11,323,000, against $15,952,000 in August. 1930 Eight months $93,690,000 against $116,369,000. Sparks Withington Company declared a regular quarterly dividend of 25 cents on common stock, payable Sept. 30, of record Sept. 14. Standard Oil Company of Ohio declared a regular quarterly dividend of 62*2 cents on common stock, payable Oct. 1. of rec- ' ord Sept. 15. Daily average volume of federal, reserve bank credit outstanding in week ended Sept. 3. was $1,224,000,000. an increase of $49,000,000 over previous week and $196.000.000 over like 1930 week. In the Air Weather conditions at 9 a. m.: South southwest wind, 12 miles an hour; temperature, 68; barometric pressure, 30.02 at sea level; ceiling, scattered clouds, unlimited; visibility, 8 miles; field, wet. Russia’s ‘Lindys’ Plan' Hop By United Press CLEVELAND, Sept. 4.—Success of the Lindbergh “vacation” flight to Tokio today led Alexander De Seversky, Russian war ace, and Evelyn, his aviatrix w’ife, here for the national air races, to disclose their plans for another transoceanic “family flight.” While the Lindberghs flew west with numerous refueling stops, the Russian couple contemplate a nonstop hop from New York to Moscow next spring, Mrs. De Serversky revealed. They will fly an amphibian which is now under construction in a New York factory, she said. De Serversky has been flying for seventeen years. When he first planned the flight to Russia, his wife decided to go along. Consequently. she took flying lessons, and’ accompanied her husband on aerial trips over the United States.

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

Following is the explanation of Ripley’s “Believe It or Not” which appeared in Thursday’s Times: The Rocky Mountains are Higher in Summer than in Winter — All metals and minerals expand with heat, and mountains, which are made of metals and minerals, will expand to some degree in hot weather . Therefore, the great ranges of the Rockies will be higher in summer, when their snow blankets are melted, than in winter, when their peaks are icebound. However, since the heat of the sun, even in the tropics, is not capable of penetrating any great depth into the surface of the earth’s crust, the variation in height would be slight. Reference: “Book of Knowledge,” Book 15. Saturday: “The Man Who was Buried Above the Ground in His Bed.” GOLD RECORD SET U. S. Supply Nearly Half That 01 World. By United Press WASHINGTON, Sept. 4—An alltime record just short of five billion dollars was reached in United States gold stocks during the present week, the federal reserve board disclosed today. Stocks of $4,998,000,000 reported today constitute almost half the world’s supply. The board estimated the world’s stock at the end of June was valued at $11,262,000,000. The previous high was $4,983,000,000 reported on Aug. 20.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Kenneth Lewis. 1307 Hiatt street. Chrysler. 766-070. from Pratt street and Tremont avenue. Theodore Rohrabaugh, Battle Ground. Ind.. Chevrolet coach. 633-686, from in Mrs. Frank A. Martin. 1866 North Pennfront of 946 North Illinois street, sylvania street. Packard sedan. 113-415, from in front of 1866 North Pennsylvania street. Clarence McVey. 708 North Capitol avenue. Chevrolet coupe. 787-686, from Capitol avenue and Washington street. Homer Sanders. 522% North Illinois street. Buick sedan. 741-987. from rear of 822% North Illinois street. Bernie Hillman. 1825 Reisner street. Ford coupe. 56-785, from Kentucky avenue and West streets.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Paui G. Snivelv. 1535 North Dennv street, Nash coupe, found on Thirty-fourth street, near Olnev street, stripped four wheels, tires and battery. Ed Watts. 728 North New Jersey street. Bulck coupe, found on East street near Pennsylvania railroad elevation. Bernie Williams. 1025 Reisner street. Ford cqupe. found at West and Washington streets. John L. Crawford, citv hospital. Ford coupe, found at New Jersey and Ohio streets. NEW YORK COFFEE RANGE —Sept. 3 High. Low. Close. March 5.39 5.20 5.20 May 5.30 5.30 5.30 July 5.40 September 4.81 4.72 4.72 December 5.16 4.97 .... i . . RAW SUGAR PRICES —Sept. 3 High. Low. Close. January 1.29 March 1.34 131 1.34 May 1.40 1 39 1.40 July 1.44 1 44 1.44 September 1.32 1 30 1.32 December 1.30 1.27 1.30 LOW FARE EXCURSION TO NIAGARA FALLS Saturday, September 5 (A fA Round Trip Leave Indianapolis 6:00 p. m.; arrive Niagara Falls 8:10 a. m. Returning leave Niagara Falls 1.1:00 p. m., Sunday, September 6; arrive home LABOR DAY morning. See the Falls illuminated at night in all the colors of the rainbow. Full particulars at City Ticket Os- J flee, 112 Monument Circle, phone J Riley 3322, and Union Station. Big Four Route

Registered l). S. JJ y Latest Office RIPLEY

Bright Spots of Business

By United Press NEW YORK, Sept. 4.—Raw silk Imports in first eight months of 1931 20.5 per cent higher than year ago. WASHINGTON.—PostaI savings deposits more than doubled in past year, said W. T. S. Rollins of postoffice department. BERLIN.—Ford Motor Company A. G. of Germany reopened plant at Cologne; 1931 profits to date described as satisfactory. NEW YORK. —American States Public Service Company reported net for year ended July 31, $971,345. against $923,462 in preceding year. CINCINNATI—Standard Oil Company of Kentucky raised filling station price of gasoline 1 cent a gallon. PITTSBURGH —Crude oil prices advanced by Buckeye Pipe Line and South Penn Oil Company. NEW YORK.—lncreased dividends paid by four concerns, extras by twentv-two and, initial payments by thirteen during August, according to Standard Statistics Company.

Indianapolis Stocks

—Sept. 4 . „ . „Bia. Ask American Cent Life Ins C0...950 Belt R R & S Yds Cos com.. 30 34% Eelt R K Yds Cos pfd bs. .. 50 55 Bobbs-Merril! Cos 10*/ 2 Central Ind Pwr Cos pfd 75... 73 '77*/2 Circle Theater Cos com 7s Citizens Gas Cos com 10s 22 Citizens Gas Cos pfd 5s 97 ioO% Commonwealth Ln Cos pfd 75.. 97Vi Commonwealth Loan Cos 85... 101 Hook Drug com io% Indiana Hotel Cos. Clavpooi... .110 ..! Ind Hotel Cos pfd 6ss 100 Indpls Gas com 6s 56*2 61*2 Indpls Pw &Lt Cos pfd sVis. ,105 a 107% Indpls Pub Wei Ln Assn cm Bss 49*/2 ... Indpls St Railway Indpls Wa Cos pfd 5s looli Pub Servos Ind 7s 96 98*4 Pub Servos Ind 6s 82*/2 87% Metro Loan Cos 8s 100 No Ind Pub Serv Cos pfd 65..101 iO3 North Ind Pub Ser Cos pfd 5 Vis 94 99% No Indiana Pub Cos 7s IlIVi . Progress 19 E Rauh <ss Sons Fert Cos pfd’6s 47 Shareholders Invest Cos 9 'Ter Haute Tr & LI Cos pfd 6s 90 Union Title Cos com 3s 11 Van Camp Prod Cos Ist pfd 93 Van Camp Prod Cos 2d pfd Bs. .. 93 Backstay Welt Cos com 17 Ind Pipe Line Cos 12 12Vi Link Belt com 26 27 Lvnch Glass Machine Cos com 16% 17 Noblitt Sparks Industrials Inc 41 Va 42Vi Perfect Circle Cos com 39*2 40*2 Real Silk Hosiery Mills Inc... 6*4 6 Vs Real Silk Hosiery Mills pfd.. 24 30 Standard Oil Cos (Indiana)... 26 27 Ross Gear 19 24 Natl Title 4% 6 J D Adams Manufacturing Cos 16 10 BONDS Bid. Ask. Belt R R & Stk Yds Cos 4s ... 92 Cent Ind Gas Cos 5s '.99 . Cent Ind Power Cos 6s V 9% ... Citizens Gas Cos 5s 101 Va Citizens Street Railroads 55..'.. 24 Home T & T of Ft. Wayne 65. 102% ... Ind Railway & Light Cos 55.. 95 Indiana Service 5s 86 Indols Pow & Li Cos 555....'.105 Indpls Gas Cos 5s 102 103 Indpls Street Rys 4s 12Vi 14V4 Indp s Trac Terminal Cos 55.. 47 52 Indpls Lnion Ry 5s 100 Indpls Water Cos hVis ’54 104 Indols Wat Cos Ist lien ref 55.101 Indpls Water Cos 4Vis 99*4 100% Indpls Water Wks Sec Cos 55.. 92V2 Interstate Pub Serv Cos 4Vis. 90 Interstate Pub Ser Cos <B) 6%5[103 ..1 Interstate 5s gg No Ind Pub Serv Cos ."102V6 ”* Terre H T & L 5s i. 97 ... Chicago Stocks Opening (By James T. Hamlll & Cos.) „ , —Sept. 4 Bendix Avia ... 22Vs Gt Lks Arcft... 4 Barg Warner... 18% Insull Com 25 s * Cent So Wst... 16 jlnsuii pfd 69 Cent P Serv A 5% Nob Sparks .... 37 Cord Corp 6% Sbd Utilities ... 2% Cont Chi com.. 4 * 8 Swift &Cos 26 Cont Chi pfd .. 34 [Swift Inti 33% Comm Edison ..190 Swift Inti ... 33 % Chgo Sec 13Vi■ U S Radio * Tel 25% Grigsby Gronow 3 lu S Gvpsum 34

Specialists in Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continental Bank Bldg. Riley 4043

Save and Invest * Corporate Trust Shares International Harrester. United States Steel, General Electric, Genial Motors, American Telephone and Telegraph and all the leading dividend-paying common stocks can now be bought on partial payment plan. All dividends go to you from beginning. Buy at today a low and save monthly. Fortunes are built ly saving and wise investments. WRITE FOR BOOKLET ( hicag.— Investment Securities—lndianapolis 615 Fletcher American Bank Bldg. _ , . (Old Wild Building) Established 1912 Lincoln 8584

PAGE 21

FUTURES SHOW LITTLE CHANGE !N DULL TRADE Effect of Double Holiday Felt in Decreased Sales Volume. BY HAROLD E. RAINVILLE t'nitrd Frc* Stall CorrrsDondcnt CHICAGO, Sept. 4.—Trading was very slow as the Board of Trade opened today with a few scattered sales in wheat giving that grain an unsteady appearance, while oats were firm and com was higher. Liverpool was steady on the wet weather. There was nothing in the news and a pre-holiday atmosphere pervaded the exchange. No deliveries in September and further rains in parts of the belt boosted prices fractionally in corn. Oats took strength from the action in the com pit. Most Traders Bullish At the opening wheat was unchanged to It cent lower, corn was unchanged to H cent higher and oats were unchanged to % cent up. Provisions were active and steady. Liverpool was about as expected, and advanced % to cent by afternoon. Most of the trading today in wheat and other grains is expected to be in the way of evening up for the extended holiday. Liverpool, Duluth, Minneapolis and Winnipeg will be open on Saturday, but only Liverpool will be open on Monday. Most traders are disposed to work on the buying side, as everything bearish is known and discounted and there is felt to be little opportunity for profit on the short side. Expect Corn Scarcity The trade Is letting September corn alone. There have been no deliveries so far this month. Meanwhile, the cash article is moving out in large volume to consumers and eastern cash handlers Since the first of the season, about 2,500,000 bushels have gone east or onethird of the estimated holdings of the leading long. The trade is buying December as they expect a scarcity of the old crop before the new crop reaches market. Deliveries of oats have been running in fair volume but prices are holding comparatively steady as the northwest is drawing oats and corn from nearby points to the drought districts. The northwest is taking September and selling the deferred months. Chicago Grain Range WHEAT— Prev. High. Low. 11:00. close. Sept 45% .45% .45 *4 .45% Dec 48 Vs .48% .48% .48’* March , 51% May 53% .53% .53% .53% CORN— Sept 44 Vi .44% .44% .43% Dec 39 Vi .39 .39 .39 March 41% 41% .41% .41% May 43% .43% .43% .43% OATS— Sept 21% .21 3 * .21% .21% Dec 23% .23 .23% .23% May 25% .25% .25% .25% RYE— Sept 33% .33% Dec 36% .36% M iWr '• Sept 7.22 7.20 7.22 7.30 Oct 7.15 7.12 Dec 6.22 6.20 6.20 6,22 Bp Times Special CHICAGO. Sept. 4.—Carlots: Wheat. 62; corn. 56: oats. 78: rye. 1. and barley. 14. BRITISH MAY INCREASE DUTY ON RAW TOBACCO English Government Restricts Clearance From Bond. Bp United Press LONDON, Sept. 4.—The clearance of tobacco from bond was restricted by the government today. The action indicated that an increase in the duty on tobacco was imminent. The British import duty on tobacco is already heavy and cigars and cigarets are an expensive luxury. The popular brands with the heaviest sale, corresponding to the 15 cent cigarets in the United States, sell for a shilling, or nearly 25 cents. The duty on unmanufactured tobacco ranges around 8 shillings 10 pence to 9 shillings 10 pence a pound, or about $2.15 to $2.35. The duty on cigars is $4 05 a pound and on cigarets $3.25 a pound. BAR TO HEAR LECTURE Illustrated Talk on Legal Papers to Be Given by Chicago Man. Methods of examining documents involved in legal transactions will be outlined to members of the Indianapolis Bar Association Wednesday night at the meeting at the Columbia Club by Jay Fordyce Wood, of Chicago. Associated with the scientific crime detection laboratory of Northwestern university, Wood will illustrate his address with lantern slides. The meeting will be held at 6:30 p. m.

James T. Hamill & Company Private Wire* ts All Leading Markets. Indianapolis MEMBERS Chicago Stock Exchangs Chicago Board of Trad* Indianapolis Board of Trade Associated New Fork Curb 203 Continental Bank Bldg. Tel Riley 5493 HI ley 5494