Indianapolis Times, Volume 43, Number 114, Indianapolis, Marion County, 21 September 1931 — Page 12

PAGE 12

PORKER PRICES SHOW FURTHER LOSSAT PENS Cattle Trade Slow, Steady; Vealers Unchanged at $9.50 Down. Further weakness was evidenced In a 10-cent drop this morning in hogs at the city stockyards. The bulk, 160 to 300 pounds, sold for $5.40 to $5.70, early top holding at $5.70. Receipts were estimated at 8,000; holdovers were 121. In the cattle market general trade was slow and about steady. Receipts were 400. Vealers were unchanged at $9.50 down. Calf receipts were 400. Lambs held steady with Friday’s figures, the bulk of better grades selling at $5.50 to $6.50. A few ewe and wether lambs sold for $6.75 to $7. Chicago hog receipts were 2,000, market not established, with a few early bids strong to 10 cents higher than Friday’s average. Hogs weighing 190 to 210 pounds sold at $5.85 to $6.90, best kinds held at $6. Few light packing sows were 15 to 25 cents higher, selling at $5 to $5.25. Cattle receipts 17,000, calves 2,000, market steady. Sheep receipts were 35,000, and steady. HOGS SfPt- . Bulk Barlv Top Receipts 14. $6.2.'.'*, 6.40 $6.60 6,000 16. 5.85® 6.05 6.05 6 500 16. 5.45® 5.70 5.70 5.000 VT. 5.60® 5.'5 5.85 3,500 18. 5.60® 5.90 6.00 5.000 19. 5.50® 5.80 5.80 2.000 21. 5.40® 5.70 5.70 8.000 Receipts, 8,000; market, lower. , —Light Lights—--0 40-1601 Good and choice...* 5.00© 5.25 —LiciV Weights—--060-1801 Good ane< wirfce.... 5.40 080-200) Good and CToice.... 5.50 —Medium Weights—-(2oo-220i Medium anv< g00d... 5.60 (200-250) Good and choice.... 5.60© 5.70 _ —Heavy Weights—-(2so-260) Good and choice 5.50© 5.60 (290-350) Medium and g00d... 5.15© 5.50 Packing Sows——' (275-500) Medium and g00d... 3.50® 4.75 (100-130) Slaughter pigs 5.00 CATTLE (Slaughter Class) Receipts, 400; market, steady. * —Steers— Good and choice $ 7.25© 9.50 Common and medium 3.75® 7.25 (1.100-1.500) Good and choice 7.00© 9.50 Common and medium 5.00® 7.00 —Heifers—-(soo-850) Good and choice 7.00© 9.50 Common and medium 3.50® 7.00 —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.. 2.00® 3.50 CALVES AND VEALERS Receipts, 400; market, steady. —Vealers — Good and choice $ 9.00® 9.50 Medium 7.00® 9.00 Cull and common 5.00® 7.00 —Calves — Good and choice 5.50® 7.50 Common and medium 3.00® 5.50 STOCKERS AND FEEDER STEERS Good and choice 5.00® 6.75 Common and medium 3.00© 5.00 (800-1.500) Good and choice 5.00® ®- 7 5 Common and medium 3.00© 5.00 SHEEP AND LAMBS Receipts. 1,200; market, steady. Good and choice S 5.50 J? 2‘22 Common ana medium f-50® ij-29 Ewes, medium and choice I- 23 ® T’Se Cull and common 50® L 25 Other Livestock By United Press EAST ST. LOUIS. 111., Sept. 21.—Hogs— Receipts, 7,500; market, mostly 10c higher; pigs about steady: top $5.75; bulk 170250 lbs., $5.60©5.75; weightier butchers scarce; 100-160 lbs., uneven at $5©5.50; *ows, $3.75© 4.75: according to weight. Cattle receipts, 7.000; calves, 3,000; market, scarce; westerns in liberal supply. Mixed vearlings and heifers, steady; trade on most kinds slow; indications around steady on cows; bulls unchanged; vealers, $1 lower; one car native steers, $7.75; western steer range, [email protected]; a few medium bulls, $3.60; good and choice vealers, $9. Sheep—Receipts. 2,000: market; lnmbs mostly 25c lower; sheep, steady; few choice lambs to city butchers. $6.25; packers bidding $5.75 down for bulk of lambs; common throwouts, $3; fat ewes, $2 down: lambs, 90 lbs. down, good and choice. $5.50(0.6.50; medium $4.50®5.50; all weights common, [email protected]; ewes, 90-150 lbs. medium to choice, $lO7 2.25; all weights cull and common, 50c(g>51.25. By United Press CINCINNATI, 0., Sept. 21.—Hogs—Receipts. 2,800; heldover 180, fairly active, mostly steady; spots strong on weights below 200 lbs., considerng sorts; better grade 200 to 260 to largely $5.90; some less desirable 290-lb. averages around $5.50; 180 to 200 lbs., $5.65©5.75; 150 to 180 lbs., $5.45©5.50; 130 to 150 lbs., $5.25; sows, $3.50©4.25. Cattle —Receipts, 1,575; calves, 450; geenrally steady; common to medium steers and heifers, s4@6; a few loads of more desirable steers, $6.25©6.50 heifers in odd lots upward to $7.50 with a few fed vearlings reaching $9; most beef cows, $3.50©*.50; low cutters and cutters. s2©) 3.25: bulls weak; spots 25c lower; mostly $4 down a few $4.10; vealers largely 50c lower: good and choice, $8.50®9.50; lower grades mostly $8 down. Sheep receipts, 1,500 ;lambs slow, about steady; better brnde ewe and wether lambs. $7®7.50; common throwouts, s4© 4.50 mixed lots and buck lambs. $4.50@6; fat ewes mostly $1.50 downward. By United Press TOLEDO, Sept. 21. —Hogs—Receipts. 350; market 10 to 20c higher; heives, $5©5.25; mediums. $5.50()i'5.60; yorkers, $5©5.50; pigs, [email protected]. Cattle—Receipts, 100; market, 25c lower. Calves —Receipts, light; market, steady. Sheep—Receipts, light; market, slow. By United Press EAST BUFFALO. N. Y.. Sept. 21.—Hogs on sale, 6.900; fairlv active; weights above 160 lbs., steady to 10c over Friday’s average; lighter weights strong to 25c lower; bulk desirable 180-200 lbs. $6.10; scattered sales. 200-250 lbs.. $6.15©6.25; 160-170 lbs., $5.75©6: weights below 150 lbs., $4.25®5.50. Cattle—Receipts. 1 350: strictlv drv feds scarce: fully steady with last Monday; short feds and fleshy grassers active; last week's late decline regained: plain grassers slow and 25c under one week ago; near choice yearlings. $9.75; good steers and yearlings. $8.50©9.50: fleshy grassers and short feds. $6.25© 8.25; plain steers and heifers. ss©6: fat cows. 14.50W5.25; cutter grades. $1.50®2.75. Calves—Receipts, 00; better grade vealers $1 higher; others firm to 50c higher; good to choice sll to mostly $11.50; common and medium. $7.50@9. Sheep—Receipts, 6,000: lambs active: steady to 25c higher: good to cohice, $7.50 to mostly. $7.75; medium kinds and fat bucks. $6.50; throwouts. $5.50.

NAME AIRPORT SPEAKER William P. McCracken Jr. to Make Principal Address. Principal speaker at formal dedication cermonies for Municipal airport at 2:30 Sunday will be William P. McCracken Jr., former assistant commerce secretary for aeronautics. McCracken, who resigned his post in October. 1929, to return to the private practice of law. addressed the Credit Men's Association here in January. 1929. He is a member of the national advisory committee for aeronautics and is secretary of the American Bar Association. During the war he served in the army air service. MOTHERS’ CLUB TO MEET “Get-Acquainted" Session to Be Held by Kindergarten Group. A “get-acquainted" meeting for new members of the Mothers’ club of Emerson Heights kindergarten will be held Tuesday afternoon at 2 in the kindergarten room at 1012 North Emerson avenue. Mrs. P. L. Dallow, president of the Free Kindergarten society, will presid*. A talk, ‘‘what the kindergarten Can Do for You and Your Child, - will be given by Miss Grace L. Brown, superintendent of the Indianapolis Free Kindergarten society. Tea will be served.

New York Stocks " <B ThomsoP Ac McKinnon >

—Sent 21High Low 11:30 Prev. ! Railroad*— Close Atchison ...• 108 Atl Coast Line 71 ■••• Balt Ac Ohio 31*4 31 31 *i 3J© Chesa k 0hi0... 26 24'* 25% 2i Chi Ort West.... 4% 4 4 4V. Chi N West liVs -a CRI Ac P 24Va 2314 23*4 254 Del L* W 294 304 Del Ac Hudson... 994 98 994 *OO Erie Ist pfd .... 19’ Great Northern. 25© 25 # 25 28,* Illinois Central ff., MKAc T 7% 7*4 7*4 34 Mo Pactflc 12, 4 Mo Pacific pfd.. ... .... y 22 j 4 N Y Central 584 57J4 58 59© Nor Pacific ..... 25 234 jjjj'i 23 4 Norfolk Ac West 127 127. 2 Cl Ar W ... - 071 o*7® Pennsylvania ... 304 304 304 314 Reading 49 48 484 48 3 So Pacific 55 4 53, 3 Southern Rv 17 .4 17 * St Paul 34 3 St Paul pfd 4© 5 St LAcAS P 8$ Union Pacific 110. 1. 3 Wabash W Maryland 7/4 West Pacific 4 rt Equipment*— Am Car Ac Fdy 9 7 V 94 94 104 Am Locomotive. 104 9 7 * 94 11. Am Steel Fd 94 10 Am Air Brake S 244 244 244 25 Gen Am Tank ... 49 General Elec... 30 >4 294 294 314 Gen Ry Signal.. 324 32 32 35 Lima Loco 154 164 N Y Air Brake I*4 Press Stl Car... 24 2 2 24 Pullman 23© 23 23 24 Westingh Ar B , 18 194 Westlngh Elec. 46 4 45 © 464 464 Firestone 154 16'i Fisk .. 4 4 Goodrich 74 7 7 8 Goodyear 30 4 324 Kelly Sprgfld 14 14 U S Rubber ... 74 74 74 84 Motors— Auburn 1114 1104 111 117 Chrysler 154 Gardner ... 4 Graham Paige 2 ... Gen Motors .... 284 27 4 27 © 294 Hudson 104 10 10 11 Hupp 5 44 44 54 Mack 20 194 194 214 Marmon 24 24 2'/* 24 Nash 174 164 17 194 Packard 54 5 5 54 Pierce Arrow 74 Reo 4 4 Studebaker 13 104 104 124 Yellow Truck .. 54 5 54 54 Motors Access— Bendtx Aviation. 164 154 154 44 Borg Warner .. 124 114 12 14 Briggs 94 Buaa Wheel .... 54 54 s'* 54 Campbell Wy 94 Eaton 94 9 9 94 El Storage B 35 Haves Body 14 .... Houda 44 4 4 4; Motor Wheel .... ... 74 74 Sparks W 54 44 4’s 5 Stewart Warner. .. ... ... 6 Tirhkin Roll .... 264 264 264 284 Mining— Am Metals 54 5 54 6*4 Am Smelt '. ... ... 22'* Am Zinc 34 34 34 31* Anaconda Cop.. 174 174 174 174 Cal Ac Hecla 4% 44 Cal Ac Ariz 28 Cerro de Pasco.. 1014 10 10 114 Dome Mines 104 Freeport Texas.. 174 17 17 18% Granbv Coro 8© 94 Great Nor Ore 16 Howe Sound 15 14 14 15 Int Nickel 8 7 /s 84 84 9 Inspiration 44 .... Kennecott Cop. .. 11 10'* 11 124 Magma Cop *oy* Miami Copper 4 a Nev Cons 64 5© 54 6 Texas Gul Sul 24 264 U S Smelt 12© 124 Barnsdall £ 64 Houston 54 6 Ohio Oil 74 7 7 74 Mex Sbd 9 84 84 10 Mid Conti 64 6% Pan-Amer (B) ~ 30 Phillips 6 54 54 6 Pr Oil & Gas 74 8 Pure Oil 6 6% Royal Dutch ... 134 134 134 14 Shell Un 44 4 4 44 Sinclair 7© Skelly .. ... 4© ... Stand of Cal ... 33 , 32 4 32 4 33 4 Stand of N J .. 31© 314 31'* 384 Soc Vac 144 134 13© 15 Texas Cos 19 18% 184 20 Union Oil 13 14 Am te ßoiT Mills.. 154 154 154 16 Bethlehem 33 4 32© 324 334 Bvers A M 15© 154 15© 184 Colo Fuel 10 ... Cruc Steel 344 Ludlum ... 74 Republic I & S.. 7 6!# 64 ... U 8 Steel 7a4 7a 75 754 Vanadium 19V* 17 174 194 Youngst S •& W. .. 15 Tobaccos — A Tot A (new) 87 86 4 86 4 91 A Tod B (new) 914 894 89'* 95'* Con Cigars 28 Lig k Myers (B) .. ... ... 574 Lorillard 11 104 11 124 Reynolds Tob.. 404 394 394 414 Tob Pr A 84 ... Tob Pr B 2 14 14 ... Utilities— Ahitibi ... 24 24 Adams Exp .... 84 84 84 94 Am For Pwr 144 16'* Am Pwr & Li... 204 20 20 214 A T Ac T 137 135'/ 137 1404 Col Gas k E 1... 204 20 20 214 Com & Sou 6 El Pwr & Li.... 204 23Vi 234 26© Inti TANARUS& T .... 164 15Vi 154 174 Natl Pwr & Li.. .. ... l 5 164 No Amer Cos 51 Pub Ser N J ..65 634 63'* 68 So Cal Edison 35 364 Std G & El 43 454 United Corn ... 144 13% 134 15'* Ut Pwr Ac L A.. 11'* 11 11'* 13 West Union 95 V* 94 95'/* 954 Shipping— Am Inti Corp B'* United Fruit* 40 Foods— Armour A I'/* 14 Cal Pkg 194 19 19 Childs Cos 14 Coca Cola 128V* 1284 1284 1284 Cont Baking A 64 Corn Prod 454 45 42 484 Cuban Am Sug 2'* Gen Foods 41 4040 424 Hershev .. 83 Vi 80 80 84'* Jewel Tea 36 Kroger 23% 21 22 4 25 Nat Biscuit 404 Pillsburv 24 '* Purity Bak 15% Safeway St 514 Std Brands 15% 14% 15 16 Drugs— Cotv Inc 44 44 4'* 5 Lambert Cos 54 4 53V* 54 58 Lehn Ac Link 25 Industrials— Am Radiator .... 8 7*/g 8 84 Bush Term .... .... 18 Certainteed 34 34 34 .... Gen Asphalt .... 114 11 11© 12 Lehigh Port ... .... .... 84 Otis Elev 26 25 25 274 Indus Chems— Allied Chem .... 884 87 884 92 Com Solv 11 94 104 114 Union Carb 404 394 39'* 42 U S Ind Alco ... 25'* 244 244 27© Retail Stores— Assoc Dry Gds 134 14 Gimbel Bros 34 34

Net Changes

By United i’rcs* NEW YORK, Sept. 19—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Alaska Juneau 15% ... 1% American Can 80% ... 2Vi American Smelting 22',a Vs American Telephone 1401* ... 5% Anaconda 17 Vi Atchison 108 ... 1% Auburn 117 Bethlehem Steel 33% ... Vi Case 44% Vs ... Consolidated Gas 76V4 ... 3% Electric Power 26% ... 1% Fox Film A 10 ... % General Electric 31V4 ... 1% General Motors 29Vs ... % International Nickel 9 ... % International Telephone.... 17% ... 1% Kennecott 12Vi ••. % Loews Inc 41V4 ... % Montgomery Ward 13V* ... 1% New York Central 59% % ... North American 51 ... 1% Pennsylvania 31% ... % Radio 13% ... 1% Sears Roebuck 45% ... 2 Standard Gas 45% ... 3% Standard Oil of California. 33% ... 1% Standard of Oil of N. J. ... 33% ... Vi Texas Corp 20 ... % Union Carbide 41% ... 1% United Corp 15% ... % U S Steel 75% ... 2% Vanadium 19% ... 1% Westinghouse Electric 46% ... % Woolworth 54 ... 4%

STICKERS mMMNNLFLYFRM - If the correct letter is inserted eight different times in the proper places in the above line of letters, a sentence of six words can be formed. n

Answer for Saturday

PAIRS MORE PANELS PARIS ROME NAPLES Above are shown the three different European cities made from the letters in the three words, pairs, more and panels.

Kresge 8 S 28'. 264 May D Store ... 274 26% 264 274 Mont Ward . .■%. .. 134 Penny J C 36 4 34 4 344 374 Schulte Ret St 44 Sears Roe .. 45% Wool worth 514 504 504 54 Amusements— Bruns Balke 5 Col Graph 44 Eastman Kod ...116© 1134 114 116 Fox Film A ... 2'* 24 Loews Inc 38',* 374 374 41V* Param Fam 174 Radio Corp .... 124 124 124 134 R-K-O 104 Warner Bros .. 7 64 64 8 Miscellaneous— City Ice Ac Fu 274 294 Congoleum ... 114 114 Am Can 794 784 79 804 Cont Can 404 394 394 424 Curtiss Wr 1% ... 14 2 Oiliette SR 12 Real Silk 54 5 5 5 Un Aircraft .... 174 16'* 164 184 Int Karv 29 J I Case 44 12 Va 434 444

Bright Spots of Business!

By United Press CHICAGO. Sept 21.—Industrial employment and pay rolls are increasing in Chicago for the first time since August. 1929. according to the state department of labor. BUFFALO—Bethlehem Steel Company received order for 3,000 tons of 130-pound steel rail from the Lackawanna railroad. PHlLADELPHlA—Pennsylvania Gas and Electric Company reported for the year ended Aug. 31 balance after taxes of $626,070. against $622,246 for the preceding year. HOUSTON. Tex.—East Texas crude oil prices have strengthened as a result of the railroad commission's new proration order. KANSAS ClTY—Kansas City Power and Light Company reported for the year ended Aug. 31 net income of $4,412,545, against $4,000,906 for the preceding year. NEW YORK—Tire sales to dealers In the first eight months of 1931 were 46.95 per cent greater than the similar 1930 period, according to F. A. Seiberling. president of the Seiberling Rubber Company.

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —Sept. 19Bid Ask Amer Found’s Corn com 24 24 Am & Gen Sec A 11 Am Inv Trust shares 34 4 Basic Industry shares 34 4% Corporate Trust shares S'* 4 Cumulative Trust share? 44 5© Diversified Trustee shares A 114 ... Fixed Trust Oil shares 3© ... Fixed Trust shares A 10** ... Collateral Trustee shares...’.. 54 6© Leaders of Industry series A 5Vi ... Low Priced Trust shares 4% 54 Nation Wide Securities ...... 44 4% National Industry shares ... 3% 44 N Am Trust shares 34 4 Sel Am shares 3'* 4 Shawmut Bank Inv Trust 74 84 Std Am Trust shares 4'* 5 Universal Trust shares 4 4'* Super Corp of Am Tr shares A 4 s * 5 Fundamental Truust shares A 4% 54 Fundamental Trust shares A.. s'* s'* U S Elec Light & Pwr 8.... 25© 27©

New York Bank Stocks

(By Thomson & McKinnon) —Sept. 19Bid. Ask. America 33 35 Bankers 62 64 Brooklyn Trust 280 290 Central Hanover 164 168 Chase National 42 3 * 43 4 Chatham Phoenix Natl ... 40 42 Chemical .* 38 40 City National 53 55 Corn Exchange 73 76 Commercial 200 208 Continental 18'* 20'* Empire *35 37 First National 2,700 2,800 Guaranty 337 342 Irving 21'* 22'* Manhatten & Cos 42 3 * 444 Manufacturers 38'* 404 New York Trust 101 104 Public 274 294

New Ydrk Curb Market

By Thomson & McKinnon —11:30. Sent. 21Alum Cos of Am. .90'* Int Super 18 Am Cyanmid S 7 * Int Pete 9© Am G & E1ec....394 Mead Johnson ..564 Am Lt & Trac.,,25 Midwest Ut 94 Am Sup Pwr 54 Mo Kan Pipe... 2% Ark Gas A 24 Mt Prod 34 Ass Gas & Elec A 6 7 * Newmont Min ...19 Cent Sts Elec... 3 |Nia Hud Pwr.... 7 7 * Cities Serv 6%lNiles 93* Cons Gas 8a1t..68 jPenroad 4 Cord ..... s%|St Recis Paper... 6 Elec Bnd Sh 194 Salt Creek 44 Ford of Can.... 14 Shenandoah .... 2 Ford of Eng 64|So Union Gas ... 4 Fox The a 2 , Std of Ind 20 7 * Goldman Sachs.. 3 iTrans Air Trans. 4% Gulf Oil 41'* Un Gas 3'* Hudson Bay .... 3 iUn Lt & Pwr ...10'* Humble Oil 49% Un Verde 5% Imp Oil of Can.. 9%iut Pwr B 4% Ind Ter A 6%! Van Camp 3 Insull Ut 12%;United Fndrs ... 3 New York Liberty Bonds -Sept. 19— 34s 102.4 4th 4'*s 104.26 Treasury 4©s 110.28 Treasury 4s 106 29 Treasury 34s .. 104.20 Treasury 3%s of ’43 (March) 101.18 Chicago Stocks Opening (By James T. Hamill & Cos.) —Sept. 21— Ass Tel Util... 17'*!Elec Hsehold.... 10 Bendix Avia .. 15© Insull com .... 12'* Borg Warner .. 12% Insull 6s ’40... 55 Central 111 ... 20 Lib McNeil Prod s'* Cent So Wst.. 9% Mid United com 14'* Cent Pub S A 5 Nob Sparks .... 20© Cord Corp 54 Sbd Utilities I'* Cont Chi com.. 2'* Swift & Cos ... 23 7 * Cont Chi pfd.. 30 Swift Inti 27% Chicago Sec .. 64 Utah Prod 2© Grigsby Grnw. 2© Ut & Indus com 3% Gt Lks Arcft.. 3'*!Ut & Indu pfd. 15 Houd Hersh (A) 14 IWalereen Strs.. 15 Houd Hersh (B) 44? Zenith Radio.. 1%

In the Air Weather conditions at 9 a. m.: South wind, 9 miles an hour;' temperature, 81; barometric pressure, 30.01 at sea level; ceiling, unlimited; visibility, fourteen miles; field, good. Noted Aviatrix Here Mrs. F. W. (Debie) Stanford, who has gained wide recognition as a woman pilot since she learned to fly at Hoosier airport here a year ago, today was back in Indianapolis renewing acquaintances. Mrs. Stanford, soloing after one week of instruction by Bob Shank at Hoosier airport, bought a plane and flew to Houston, Tex., where she opened an airport and soon won her limited commercial and transport pilot licenses. Only thirtyfive other women in the country hold transport licenses. She won seventh place out of a field of sixty-three women in the women’s air derby from Santa Monica, Cal., lasi month. Mrs. Stanford, a Canadian by birth, flew here from Guelph, Ontario, home of her parents. She was accompanied by her husband, who is connected with General Motors. Mrs. Stanford said she had tentative offers of planes to use in the King’s cup races in England next spring, and possibility of the offer of a plane for a Toronto to London ocean flight. Change Plane Time Under new schedules of Transcontinental & Western Air, Inc., the morning westbound transcontinental plane through here will stop at municipal airport one hour and five minutes later than the present schedule. New time lists go into effect Sunday night, T. &. W. A. officials said today. At present the plane leaves Indianapolis for St. Louis and Tulsa. Okla. at 8:5.3 a. m., but Monday morning will ’fly away at 9:58 a. m,

THE INDIANAPOLIS TIMES

BANK SUPPORT AVERTS CRASH IN SECURITIES Demoralizing Short jSales Banned by Leaders; Trade Actvie.

Average Stock Prices

Average of thirty industrials for Saturday 111.74, off 3.34. Average of twenty rails 53.08. off .89. Average of twenty utilities 4.70. off 1 68. Average of forty bonds 90.07 off .44. BY ELMER C. WALZER United Press Financial Writer NEW YORK, Sept. 21 —Early scares brought about by the British suspension of gold payments were overcome on the stock market shortly after the opening today arid prices rose with the same swiftness displayed on the downturn. Bankers and leading professionals swung their support to pivotal shares after the first wave of selling and the advance was started. While the recovery was orderly at all times, the street witnessed some of the most spectacular advances seen in months. Steel common soared more than half dozen points from its low, while Reading, in which a large short interest is securely locked, soared 25 Vi points to 74 after selling at 48 in the early trading. Sharp Recoveries Made Sharp recoveries occurred in such industrial and utility favorites as American Can, General Electric, Consolidated Gas, Westinghouse Electric, American Telephone and J. I. Case. Only a few issues, which felt further liquidating pressure, failed to participate in the upswing, although enjoying good-sized recoveries from ther lows. These included Woolworth, Radio-Keith and General Motors. Turnover was at an exceedingly rapid pace, reaching the highest levels in nearly eighteen months. Activity to 1:30 p. m. approximated 3,700,000 shares, indicating that the turnover for the entire session would exceed five million shares. Notwithstanding the unusual activity, tickers at no time fell more than five minutes behind actual trading on the floor. Sale Volume Dips Activity dwindled somewhat around mid-afternoon, but the market showed no indicates of having exhausted its upturn. Most of the leaders held at or near their highes of the session. When activity in the industrials and utilities quieted, the railroad shares were quickly brought forward, several scoring sensational advances. Pennsylvania, after selling at 30 in the morning, rose to 33 and theen to 36 on a single sale of 3,000 shares. At one time 10,000 shares of the stock were wanted with no offerings. Trading in such issues as New York Central, Atchison, Union Pacific and Rock Island indicated the panicky feeling on the part of shorts _ who were deprived of an opportunity to fight back by the Stock Exchange ban on new short selling. A weak situation in the rails was Kansas City Southern, which opened 13,000 shares at 814, a loss of 27s points. It later recovered to 10.

Bank Clearings

INDIANAPOLIS STATEMENT —Sept. 19— Clearings $ 2,236,000.00 Debits 6,065,000.00 Clearings for the week 16,026,000.00 Debits lor the week 38,012,000.00 CHICAGO STATEMENT —Sept. 21— Clearings .••••' .$43,500,000.00 Balances 3,000,000.00 TREASURY STATEMENT —Sept. 21Net Balance for Sept. 18. .$634,729,272.11 Expenditures 59,169,107.02 Customs rects. month to date 21.096,199.55 S3OO in Sports Goods Stolen Stanley Feezle, sporting goods salesman and athletic official, today sought a band of over-enthu-siast sports who visited his garage Sunday night. He told police they took football and basketball equipment worth S3OO.

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Dow-Jones Summary

Jewel Tea sales fn four weeks to Sept. 5 amounted to $930,519. against *LO99 |so in like 1930 week. Thirty-six weeks *9.481.741. against $10.1709 in like 1930 period. Electric Vacuum Cleaner declared a quarterly dividend of 50 cent* on common stock, payable Oct. 1, of record Sept. 23. Placing stock on $2 annual basis, against 4 previously. California oil output in week ended Sept 19 averaged 511.300 barrels daily, up 1 700 barrels over previous week, according to California Oil World. Ohio Leather declared a dividend of $2 on second preferred stock on account of accumulated dividends and regular quarterly dividends of $2 on first preferred and $1.75 on first preferred, payable Oct. 1. of record Sept. 21. General Electric Company receives order for more than $1,000,090 involving twenty transformers from Commonwealth Edison Company and Superpower Company of Illinois. East Texas oil prices were strengthened as result of railroad commission’s new proration order cutting down allowable output per well to 185 barrels daily from 225. On the basis of 2.000 wells flowing in the field daily average production will be 370,000 barrels, against approximately 425.000 barrels previously.

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 17c: henery auality No. 1, 20c: No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 18c: under 5 lbs.. 17c; Leghorn hens. 13c; 1930 broilers, full feathered. 34 lbs. and up. 18c; under. 21c; bareback. 12c; Leghorn broilers. 16c: spring chickens, 4 lbs. and over. 18c; under 4 lbs. ,ißc: old cocks. B©9c: ducks, full feathered 9c: geese. 6c. These prices are for No. 1 top aualitv auoted bv Kingan 6 Cos. Butter (wholesale)—No. 1. 34®35c: No. 2. 32© 33c. Biltterfat—29c. Cheese (wholesale selling price per pound)—American loaf. 234 c; pimento loaf. 254 c; Wisconsin firsts, 19c: Longhorns. 19c; New York limberger. 30c. By United Press NEW YORK. Sept. 21.—Potatoes—Market. weak; Long Island. 50c®51.75 bbl.; New Jersey. 55c© $1.40 basket. Sweet potatoes—Market. weak; jersey baskets, 50c ©51.25; southern baskets. 35c; southern barrels, [email protected]. Flour—Market, quiet; spring patents, $4.30®4.65 Pork—Market, quiet: mess. s2l. Lard Market, weak; middle west spot.-' .073®.074c. Tallow Market, quiet: special to extra. .024® .02%c. Dressed poultry—Market, quiet; turkeys. 25®i50c; chickens, 20®34c; broilers, 20©36c: fowls, 12®28c; ducks. Long Islands. 14®18c. Live poultry—Market. firm; geese. 13@15c; ducks, 13@24c; fowls. 16©27c: turkeys. 22©.35c; roosters, 14®15c; broilers, 19®28c. Cheese —Market, native; state whole milk, fanev to special, 15'*®23c; young Americas, 164 @l7c.

In the Cotton Markets

NEW ORLEANS —Sept. 19— High. Low. Close. January 6.65 6.47 6.47 March 6.82 6.65 6.65 May 7.01 6.83 6.83 July 7.17 7.02 7.02 October 6.34 6.15 6.15 December 6.55 6.37 6.37 NEW YORK High. Low. Close. January 6.65 6.50 6.50 March 6.82 6.68 6.68 May 6.99 6.88 6.89 July 7.18 7.05 7.05 October 6.33 6.19, 6.19 December 6.54 6.40 6.60 CHICAGO High. Low. Close. January 6.73 6.50 6.50 March 6.90 6.64 6.64 May 7.09 6.86 6.86 July 7.29 7.04 7.04 October 6.41 6.17 6.17 December 6.64 6.38 6.40 EX-CITY RESIDENT DIES Mrs. Grace Mueller, 30, Succumbs in Denver; Rites Here. Last rites for Mrs. Grace Mueller, 30, Champaign, 111., former Indianapolis resident, who died Friday in Denver, were to be held at 2 today in the William E. Krieger mortuary, 1402 North Illinois street. Services were to be conducted by the Rev. Frederick R. Daries, Zion Evangelical church pastor. Burial will be in Crown Hill cemetery. While in Indianapolis, Mrs. Mueller was an employe of the Indiana Bell Telephone Company, the Frank D. Hatfield Company and of Methodist hospital. She moved to Champaign in 1925. B. & 0. GROUP TO MEET Ladies’ Auxiliary to Gather at Hotel Severin Thursday. Members of the Ladies Auxiliary from all points of the Baltimore & Ohio railroad will gather in the Hotel Sevprin at 2 Thursday. There will be a business meeting followed in the evening by a dinner and dance. In charge of entertainment is Mrs. L. E. Smith. Other members of the committee are Mrs. W. E. Henderson, Mrs. Frank McCracken, Mrs. H. R. Reynolds and Mrs. Charles Hoffner.

GRAINS EXHIBIT WEAK TONE IN LIGHT TRADING t Chicago Futures Fail to Follow Upturn at Liverpool. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. Sept. 21.—A strong rally at midsession stopped the rapid decline of wheat, but failed to recover all losses incurred during the forenoon. The action of the stock market, in which losses were followed by recoveries in the major stocks, was reflected on the Board of Trade. The recovery of wheat after new seasonal lows had been made, was in the fractions, and the major grain closed with fractional losses. Com folowed wheat in sympathic decline with higher losses, but oats closed up in the fractions. Close Is Lower At the close wheat was % to % cent lower; corn was Vs to 1% cents lower, and oats were Vs to % cent up. Provisions were unchanged to 3 points higher, while bellies showed lasses of 15 to 25 points. Liverpool retained its strength throughout the session to close with gains of 3 to 4V* cents higher. The session on the Chicago Board of Trade was characterized by rapid fluctuations, described by one trader as “the most rapid since war times.” The selling and buying showed the nervousness over the change from the gold standard in England. New Lows Are Set At midsession the market’s undertone became stronger on the bullish news from Liverpool, but March and May wheat set anew low for the season. Receipts were 63 cars. Cash prices were unchanged. Corn broke badly after the opening and established new lows for both crops for the season. Later the market recovered all its losses but became very dull with a recession of trading. Cash prices were V 4 higher and receipts were 155 cars. Oats followed the other grains with nervousness here also apparent, and traders paying attention to nothing except the financial news. Cash was unchanged. Receipts were 75 cars. Chicago Grain Range —Sept. 21— WHEAT— prev. Open. High. Low. Close, close. Mar.. .51'* 51** .49 .504 .51'* May.. .5.1% .53 .50© .52'* .524 CORN— Sept.. .41% .414 .394 .40© .414 Dec.. 364 .37© .354 .365* .37% Mar.. .38 5 * .39 .374 .384 .384 May.. .40© .41'* .394 .404 .41'* OATS— Sept.. .214 .21'* 204 .21'* .21% Dec.. .224 .23 .21% .22% .22 s * May.. .254 .23 .214 .225* .224 May.. 25'* .25 4 .244 .254 .25'* RYE—RYE— Sept.. .38 .38© .37'* .374 .37% Dec.. .375* .384 .36© .38 .374 Mar.. .38 .384 38 .38© .384 May.. .40% .41 .39'* .40© .40© LARD— Sept.. 6.90 7.07 6.90 7.07 7.10 Oct., 6.90 6.97 6.82 6.97 697 Dec.. 5.97 6.05 5.97 6.05 6.05 Jan.. 5.97 6.00 595 6.00 5.97 BELLIES— Sent.. 6.30 6.32 6.30 6.30 6.45 Oct.. 6.20 6.05 6.00 6.05 6.30 By Times Special ..CHICAGO. Sept. 21—Carlots: Wheat. 50; corn, 83; oats. 39; rye, 5, and barley. 11.

Local Wagon Wheat

c ity grain elevators are paying 38c for No. 2 red wheat and 37c for No. 2 hard wheat. TRAYLOR RITES ARE SET Service at Church Wednesday for Standard Oil Employe. Funeral services for Charles Middlesworth Traylor, 22, son of Mr. and Mrs. Joel T. Traylor, who died at his home, 145 West Forty-ninth street, Sunday, will be held at 2:30 Wednesday in the First Presbyterian church. Services will be conducted by Dr. George Arthur Frantz. Burial .will be in Crown Hill cemetery. Mr. Traylor, who had been connected with the research department of the Standard Oil Company (Indiana) in Whiting about a year ago, after graduation from Tech high school and Purdue university, became ill about Aug. 1. He is survived by the parents. Duesenberg Sales Show Gain By United Press CHICAGO, Sept. 21.—Total retail sales of the Duesenberg-Illinois Cos., 333 North Michigan avenue, for the first eight months of 1931 were approximately $50,000 more than for the entire year of 1930, H. T. Ames, vice-president of Duesenberg, Inc., announced today. The eight months’ period of 1931 shows an increase of slightly over 20 per cent over the same period in 1930. Unit sales to Sept. 1, 1931 were 18 per cent greater than for the entire year of 1930.

Thomson & McKinnon INDIANAPOLIS , CHICAGO NEW YORK MEMBERS Xew Tork Stock EzehUfi CUetft Stock BnhM| New Tork Cotton Exchange Chicago Board of Trade New Tork Curb Anoeleliw Rooms 200-214 Circle Tower Telephone Lincoln SMI

Hurry! Only 4 More Riotous Days! Barthelmess 1 “IRonkeig I In 0? Fl Buiiness" I

The City in Brief

TUESDAY EVENTS Rotarv Club, luncheon. Clavnool. Gvra Club, luncheon. Spinh-Arms. Mercator Club, luncheon. Columbia Club. Architectural Club, luncheon. Architect* and Builders building. Purchasing Agents' Association. luncheon. Severin. American Chemical Society, luncheon. Severin. Universal Club, luncheon, Columbia Clt*' Uni'evrsity of Michigan Alumni. luncheon. Severin. Alliance Franeaise. luncheon. SpinkArms. Indianapolis Republican Veterans, luncheon. Board of Trade. Indiana League for the Hard of Hearing. 7 p. m . Stokes building. Indiana health officers, conference, Claypooi. DR. William Lowe Bryan, president of Indiana university, will speak at j a luncheon of the Indianapolis Real Estate Board Thursday in the Hotel Washington. The Marion County Good Government Club will open its fall activities with a meeting at 8 tonight at the home of Benjamin Blake, 236 North Temple avenue. Paul C. Wetter, former municipal judge, will speak. The club announced appointment of Chester Ward, 3022 Newton avenue, as eastern division chairman. Boyd Gurley, editor of The Times, will speak on “The Real Tax Burden” at the Wednesday luncheon of the Kiwanis Club in the Claypooi. Annual regional conference of central Indiana Red Cross chapters will be held Oct. 1 in the Columbia Club. James L. Fieser of Washington, national vice-chairman of the American Red Cross, will be the speaker. Dr. Leonide Pitamic, minister from Jugo-Slavia to the United States, will be the guest at the dedicatory dinner of the Yugo-Slav national home, 3624 West Sixteenth street, at 6 p. m. next Sunday. With a large audience Sunday afternoon, E. Howard Cadle preached a sermon in Cadle tabernacle -on “Tne Three Crosses.” Dr. J. Ambrose Dunkel will preach the dedication sermon Oct. 10, on “The Lovely House of God.” Plans to clear the Alabama street side of the market of stands were to be made this afternoon by Mayor Reginald H. Sullivan and city officials. The standowners would take space inside the structure and temporary parking privileges would be

granted market patrons. HOME IS RANSACKED; S2OO THIEVES’ BOOTY Clothing and Jewelry Taken From House; Two Are Held Up. Thieves who ransacked the residence of Mr. and Mrs. James Hener, 4614 East Washington streeC Sunday night while they were away, stole clothing, and jewelry valued at S2OO, police were informed. Forced to the side of the road at Morris street and Holt road early Sunday, Leslie Hall, 1727 Woodlawn avenue, was robbed of S3B by four men, he told deputy sheriffs. A Negro who forced him to turn off lights on the bus he was driving, obtained sl4 from William Martin, 1145 Bonar avenue, early Sunday, he informed offeers. The robbery occurred at Twenty-fifth and Oxford streets. Births Bovs Howard and Eva Hadley. 2810 North Gale. Fredrick and Leta Brennan, 1207 St. Peter. Cecil and Ruth Moulton, 6568 Bellefontaine. Girls August and Magde Zimmer. 1324 East Raymond. Herbert and Elizabeth Schooley. 1157 Haugh. John and Thelma Avant. 923 Lexington. Deaths Guy Campbell. 56. city hospital, septlceamia. Richard Holland, 14. Riley hospital, brain tumor. Charles Wearstler. 38. city hospital, aortic insufficiency. Francis Stephens. 17. city hospital, general peritonitis. Ella M. Barrett. 71. Methodist hospital, general septicaemia Lucilla Lutz. 13. Riley hospital, typhoid fever. James Haines. 79. 1825 East Riverside drive, mitral regurgitation. Dora Carolina Lutz. 17. Long hospital, typhoid fever. Sophia Zaiser. 77. 6102 East Washington, uremia. Oliver J. Rexroat. 5 months. 134 Spring acute gastro enteritis. Olive K. Rexroat. 5 months. 134 Spring, acute gastro enteritis. Thomas Bovlan. 80. 2418 East Sixteenth, carcinoma. Henry Fiddler. 52, 139 North Highland, cerebral apopulexv. Bridget Kelly. 70. St. Vincent’s hospital, carcinoma. William Wheat. 47. city hospital, acute appendicitis Kenneth Bransford, 10 days, cltv hospital. premature birth. Noah W. Miller. 81. 3922 Rockwood. arteriosclerosis. Evelyn Roberts. 18. 1014 Roach, military tuberculosis. Sisters Have Joint Anniversary By United Press BONDVILLE, Ind., Sept. 21.—An unusual celebration was held here when two sisters celebrated their fiftieth and fifty-seventh wedding anniversaries at the same time Sunday. The couples are Mr. and Mrs. Thomas Anders, married fifty-seven years, and Mr. and Mrs. W. T. Good, married fifty years. The wives formerly were Mary Ann and Theba Taylor.

MOTION PICTURES

-SEPT. 21,1931

STATE CROP OF CORN FORECAST ABOVEAVERAGE Gain of 1 Per Cent in Condition Made During August. By Times Special LAFAYETTE, Ind., Sept. 21.- ■ Despite the generally heavy rainfall in Indiana during August, the corn crop is reported as only 1 per cent better than a month ago. in a statement issued by the department of agricultural statistics of the Purdue university agricultural experiment station and the United States department of agriculture. Prospects now are for a yield of 176.723,000 bushels, which Is 7 per cent above the ten-year average. Complaint has been registered because of the large number of barren stalks, due, it is believed, to the extremely hot weather of early August. The oats yield dropped sharply across the northern third of the state, threshing reports indicated, although conditions elsewhere in Indiana were good enough to produce 59.292,000 bushels, which is 1, per cent larger than the ten-year average. Barley is reported slightly better than a month ago. Potatoes suffered from heat and drought in early August and the early part of the crop was too far advanced .to benefit from the August rains, although showers aided the late crop considerably. Sweet potatoes showed no change from the previous month. Making of soybean hay was well underway when the reports began to come in, Sept. 1. Clover seed is reported about average, and timothy better than the average of the past four years. With clover grass hay yielding slightly below what •was predicted a few months ago and soybean hay going above early indications, the hay crop in the state is about normal, according to present indications.

TRAM ON FIRE: 3 HURT Two Women and Man Injured as Control Box Explodes, Three persons were hurt slightly Sunday afternoon when they scrambled from a Central avenue street car when the control box exploded and the vestibule caught fire. Mrs. Bessie Oburn, 43, of 418 East Fifteenth’ street; E. W. Wagner, 27, of 518 North Delaware street, and Miss Eva Cochrane, 25, of 2531 Broadway, were hurt. The accident accurred at Sixteenth street and Central avenue.

AMUSEMENTS

SEGER ELLIS I I from WLW IN FERSON KELLER SISTERS and CO. I iFJTI H NELLIE ARNAUT & BROS. I SENNA and DEAN, others | I Edmund LOWE in “THE SPIDER’* With El Brendel

:NGLISH°.“-' 60c Farewell Week Arthur Casey’s Final Productloa “TAKE MY ADYICE” A comedy recommended for every member of every family.

SHE’LL AMAZE YOU! .Tost as t h ou sands with her w 1 J limit ] MH PEB/ON \ r J> T% of lost: ■ vflgg Bargain 11 l lewis Stone JU Knapp SYLVIA SIDNEY WILLIAM COLLIER.,JR. ESTELLE TAYLOO, UMTEO ARTISTS PICTURE Also DOGVILLE COMEDY

I Romance That Mad* ; PM.y History! The Master at His Best ... pife r.[ AL€XAND€R\ II HAMILTON 1 ”^NEXTBATrSAr™ , " — First Time jl ‘ “MURDER BY V THE CLOCK !• Tonight is China 1