Indianapolis Times, Volume 44, Number 86, Indianapolis, Marion County, 19 August 1932 — Page 14

PAGE 14

STOCK SHARES SHOW GAINS IN BRISK TRADING Steels, Rails, Motors Move Higher Early; Sales Are Heavy.

Average Stock Prices

Average of thirty Industrial* for Thursday, high 68 52 low 65.65. last 67 93. up .43 Average of twenty rails 30 38. 28 38, 30 32, up 1.56. Average of twenty utilities 30 20, 2fi 86, 29 92, up 60. Average of forty bonds 80.64, up .71. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Aug. 19.—The rise in stocks in progress Thursday was continued today with greater vigor, prices registering gains ranging to more than a point in heavier trading. Steel common jumped nearly a point at the outset to 421 sand rose further in the early trading, while the preferred was up a point at 81. Railroad shares were strong with Union Pacific at 71%, up a point. Utilities continued to move forward under the lead of Consolidated Gas, which rose a point to 9. Oils were more active and higher, as w'ere metal shares, notably the coppers. Among the better gainers were Auburn Automobile, 66%, up 1; Norfolk & Western, 99*74, up I',; Southern Pacific, 24, up 1; Union Carbide, 25%, up Du Pont, 35 u, up %. The advance carried further in the early dealings with tickers running at capacity. The most important piece of market news was announcement of formation of the commodities finance corporation, organized primarily for the purpose of facilitating the financing of the purchase, carrying and orderly marketing, for domestic consumption or export, of agricultural or other commodities. Anticipation of such announcement Thursday was a factor in the rally of wheat which carried the stock market up with it.

Bank Clearings

INDIANAPOLIS STATEMENT —Aug. 19— Clearings $1,442,000.00 Debits 3,819,000.00

New York Curb Market

(By Thomson & McKinnon) —Aug. 19— 11.001 11:00. Alum Cos of Am 55 Goldman Sachs, 2% Alh Cvnamid ... 4' 2( Great A & P .140 Am Gas Elec 31V 2 Gulf Oil 38 Am Sup Pwr... s'/simp Oil of Can.. 9 Ark Gas A 2 [lnsult Ut % Ass Gas <fc Elec 4'>4 Midwest Util ... 3 Cent Sts Elec. 2 5 'n:Nat Inves .... 2 3 * Cities Service.. s’/ Newmont Min.. 16', Cdmin Edison.. 19 ,Nia Hud Pwr ... 16' B Cord 3 5 -!Penroad 2'a Elec Bond Sh 23 s a;Std of Ind ... 24 Ford of Can.. B'VUnited Gas A.. . 2 3 s Ford of Eng ... 3 5 .Un Lt & Pwr.. B' 2

New York Bank Stocks

(By Thomson & McKinnon) Bid. Ask. Bankers 63 3 * 65 3 Central Hanover 134 138 Chase National 37 39 Chemical 36'i 38' j City National 45' 2 47' 2 Corn Exchange 63'2 66>2 Commercial 126 130 Continental IB 3 * 18 3 4 Empire 2412 26 Vi First National 1,525 1,625 Guaranty 287 292 Irving 21’i 22'r Manhatten & Cos 28'4 30U Manufacturers 27 7 r 29 T n New York Trust 89'2 92' 2 Public 28 U 30 Vi Union Title 43 46

Foreign Exchange

* (By James T. Hamill & Cos.) —Aug. 19— Open. Sterling. England 3 47'r Franc. France 0392 3 s Lira, Italy 0512' 2 Franc, Belgium 1389 Mark. Germany 2381 Guilder. Holland 4028 Peseta, Spain 0805'i Krone. Norway 1737 Krone. Denmark 1850 Yen, Japan 2288 Chicago Stocks Opening (By James T. Hamill & Cos.) '—Aug. 19— Bendix Aviation 9’illnsull 6s '4O 2'i Borg Warner .. 9' 2 Lib McNeil Prod 2'a Central 111 pfd 6 s , Middle West .. 3 4 Cities Service.. s’i Natl Std 12'2 Cont Chi com.. 2Vs Swift <fc Cos 13', Com Edison ... 80 ISwift Inti 22 3 < W. E. BARTON RITES SET Funeral Services to Be Held Saturday for Insurance Man. Funeral services for William E. Barton, 69, of 4028 Central avenue, prominent Indianapolis insurance man who died suddenly Wednesday of heart disease in his Indiana Trust building office, will be held at 9 Saturday morning in the St. Joan of Arc Catholic church. Burial will be in Brazil, Ind. Barton, who was a member of the church, the Board of Trade, the Indianapolis Athletic and Meridian Hills Country Clubs, is survived by the widow, Mrs. Minnie Barton, and several nieces and nephews.

Real Estate Bonds IVe are of the opinion many more defaults are likelv In this type of security. Which of your bonds should he RETAINED? SOLD? EX- < HANGED? send your list for analysis. T. P. BURIvK & CO, Incorporated SUITE 222 CIRCLE TOWER I’HONE Riley 8536

James T. Hamill & Company Private Wires to All Leading Markets Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New Vsrk Curb 203 Continental Bank Bldg. Tel.. Bllcy 5493 Riley MM

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 129 E. Market Lincoln 9375 Riley 2167

New York Stocks ■Bv Thomson At McKinnoni"

—Aug. 19— Prev. Railroad*— High Low. 11:00 Close. Atchison 50% 49% 49% 49 Atl Coast Line.. .. ... 26'* 26 Balt <fc Ohio 14*, 13% 14% 13% Chcsa & Ohio . 25‘* 24% 24’. 24% Chesa Corp .... 16 15% 16 Can Pac 14 ’ a 14 14% 13% Cht Grt West 3% 3 Chi N West... . 7% 7% 7% <% C. R I * P . 8% B' 2 8% B’* Del LAt W. ... 23H 23 23’. 22* 2 Del At Hudson 65’* 65% Erie 7% 7S 7% 7% Erie Ist pfd 9’* 9% Great Northern.. 17% 17 17 17 Illinois Central.. IS ! 2 15% 15V* 14 1 , Kan City So 10 9% Lou At Nash ... 22 21' 21’* 21 M. K At T ... 7 5% Mo Pacific . ... 6% 6 6 1 * s‘, Mo Pacific pfd. . 11 10’* 11 10% N Y Central.... 27'a 26’* 26 1 * 26’* NY NH li H .21 20% 20% 19% Nor Pacific .. . 21% 20’* 21 21 Norfolk At West 99’. 99 99’* 98’. O At W 8% Peoria At E ... ... B’* Pennsylvania .. 17 1 a 17% 17'* 17 Seaboard Air L.. % % ' 2 ... So Pacific 24’* 23’* 23’* 23 Southern Ry .... 11’* 11 11 *4 10% St Paul 2'* St Paul pfd 3’i ... St L At S P 2’* 2% 2% 2'i Union Pacific ... 72% 71’* 71’* 70% Wabash ... 2% 2’* W Maryland ... 6% 57* 6% 5% West Pacific 37* ... Equipments— Am Car At Fdy 8 7 s Am Locomotive 9‘* Am Steel Fd . 8 7 B’* 8 7 ... Am Air Brake Sh .. ... ... 12% Gen Am Tank 17 General Elec ...18’* 18 ’i 18’ a 18** Gen Rv Signal . .. ... 16 1 a 16 N Y Air Brake 8* Press Stl Car 2V* Pullman 22>* 21 7 , 22** 21% Westingh Ar B . . . . 15% 15 Westlngh Elec... 39'* 96'* 38'a 38% Rubber,— Firestone ... ... 12’* Goodrich 6% 67* 6% 5% Goodvear ... .. 17V* U S Rubber 5 5 Motors— Auburn 67 64 64 65’* Chrysler 13 7 13>i 13% 13 s * General Motors. 14’* 14** 14** 14'* Graham Paige .... ... 2% 2’* Hudson 6% Hupp 3 Mack 21'/ 20’* 21 1 s 20* 8 Marmon ... ... 2Va Nash ... 14’* 14 Peerless ... l' 17* Reo 2’* 2* 2 Studcbaker 6’* 6’* White Mot . 11’* Yellow Truck ... 3’* 3% Motor Access— Bendix Aviation. 9% 9’* 9’* 9% Borg Warner 9*< 9*4 Briggs s’* 5', 2 Buda Wheel 2'* ... Eaton 6’* 6*2 6’* 6 El Auto Lite 18’* 17’* 17’* 17% El Storage B 29'* 27’* Hayes Body 1 Houda ... ... 2'* Motor Wheel 3% 3’* Murray Body 4 4 Stewart Warner. .. ... ... s'* Timkln Roll 20 19 s/ * 19** 20 Mining— Am Metals s’* s'* s'* ... Am Smelt 18’, 17*’* 18 17* * Anaconda Cop... 9‘* 8 7 , 8% B’* Alaska .Jun ... 11’* 11% Cal At Hecla 3’* ... Cerro de Pasco. 11 Vi 1174 11 Vi 11 s /* Dome Mines 10’* 10’a Freeport Texas 20 s * Granby Crop 5% Great Nor Ore B’* 8 Int Nickel 874 8 874 7% Inspiration 3 Vi Kennecott Cop. 11 10% 10’/* 107, Magma Cop ... ... 7 Nev Cons 57* Noranda ... 16’* 167i Texas Gul Sul 21% 20’* U S Smelt 19 Oils— Amerada 1874 Atl Refining 17% 17'* 17'i 17% Barnsdall 6 57* 6 6 Houston ... 37* 4 Sbd Oil 15% 14% 15 15 Mid Conti 6% 674 Ohio Oil 10 9 7 , 9 7 , 10 Pan-Amer ißi.. .. ... ... 117* Phillips 7 7 Prairie Pipe 11% Pure Oil 5V* 574 Royal Dutch 20% Shell Un 6’* 674 Simms Pt 67* 67* Cons Oil 8 77* 8 8 Skellv 474 4 3 * 47* 4 Standard of Cal 27 s , 27• a 27' 2 27*4 Standard of N,J 337* 33’, 33’* 33% Soc Vac 11 10% 10 7 * 11 Texas Cos 1574 157, 15% 15*4 Union Oil 1274 12*74 Steels— Am Roll Mills.. 1074 10'* 10'* 10' 2 Bethlehem 19’* 18 7 , 18% 1974 Byers A M 15*. 15’* 15’* 15% Ludlum 5V4 McKeesport Tin 46 46 Midland 6 Newton 3 * 4 3 74 3 74 3% Repub I At S ... 6* * 6', U S Steel 42' 2 4174 41V4 41’, Vanadium 17 7* 17 17 16’* Youngst S At T 1274

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds. 12c; Leghorn hens. 10c: broilers, colored springers 3 lbs and up, 14c; 1% lbs. up. 12c; bareback and nartlv feathered. 10c: Leghorn and black 1% lbs. and up. 10c; cocks and stags, 6c; Leghorn cocks. 4c. Ducks, large white full feathered and fat, 6c; small, 2c. Geese full feathered and fat, 4c. Young and old guineas. 15c. Eggs—Approved buying grades of Institute of American Poultry Industries—No. 1. 17c; No. 2,11 c; No. 3, 7c. Butter—24@2sc; undergrades, 22® 23c; butterfat, 19c. These prices for healthy stock, free from feed. No sick poultry accepted. Quoted bv the Wadlev Company.

By United Press NEW YORK, Aug. 19.—Potatoes—Market, dull; Long Island, 65c(g.51.75 per barrel; New Jersey, 65c©51.35. Sw'eet potatoes—Market, weak Jersey baskets, 25©> 75c; southern baskets, 25010 c; southern barrels, $1.75(32.25. Flour—Market, quiet; spring patents, $4.05© 4.35 per barrel. Pork —Market, steady; mess, $19.75 per barrel. Lard—Market, easy; middle west spot, $5.40(35.50 per 100 lbs. Tallow Market, firmer; special to extras, 3’,4©3 3 sc per lb. Dressed poultry—Market, steady; turkeys. 10© 35c; chickens. 12@29c; broilers, 14@28c: fowls. 10020 c; Long Island ducks. 12014 c. Live poultry—Market, firm; geese. 7®T2c: ducks, B©l6c: fowls, 15© 19c; turkeys, 10© 18c; roosters, 10c,; chickens, pullets, 18(3 22c; broilers, 13© SOc Cheese—Market, quiet; state whole milk, fancy to special, young Americas. 13 3 4@17’2C. Butter Market. steady; creamery, higher than extras, 20©20>;fc; extra 92 score, 19’ic; firsts, 91 score, 19c; firsts. 88 to 89 score, 17’@17’.2c: seconds, 16 1 2c; seconds. 16'2@17c. Eggs—Market, irregular; special packs, including unusual hennery selections. 22© 25c; standards. 18‘2@21’ic; rehandled receipts. 17®17 3 4C. By United Press CHICAGO. Aug. 19.—Eggs—Market, easy; receipts. 6.893 cases; extra firsts. 18© 18’ic; firsts, 17V 2 c: current receipts. 12© lS’ac; dirties, 10© 13c. Butter—Market, easy; receipts, 11.430 tubs, extras. 18c; extra firsts. 17’2@17 3 4c; firsts. 16> 2 @>l7c; seconds, 15015’, 2 c: standards. 18' 2 c. Poultry—Market, weak; receipts, 1 car, 29 trucks; fowls. 15’2C; springers. 14c; Leghorns. 12c; ducks. 12CT 12Vac; geese, 9© 11c; turkeys. 10©12c; roosters. 10c; chickens. 12 l i@l3 ,, 2c; Leghorn broilers. 12 ’ ire. Cheese—Twins, 12’2@13c: young Americas, 15@T5'2C. Potatoes—On track, 140; arrivals. 37; shipments. 229: market about steady; Kansas cobblers, 65c; Nebraska cobblers. 80c; Wisconsin cobblers, 75c; Nebraska triumphs. 70©85c; Minnesota Early Ohios, 65©70c; Wisconsin Early Ohios. United States, No. 1, 75©80c. By United Press CLEVELAND. Aug. 19.—Butter—Market, easy: extras., 18c; standards, 18'2C. Eggs —Market, steady; extra firsts. 18c: current receipts. 16c; extras. 20c. Poultry—Market. steady: heavy colored fowls, 15c; medium broilers, 13© 14c; Leghorn fowls, 12 ©l2c; heavy colored broilers. 15©16c; heavy rock broilers. 16317 c: Leghorn broilers. 13c; ducks. 10©12c; old cocks. 10 ©IIC4 voung geese. 10© 12c. Potatoes Ohio 100-lb. United States cobblers. No. 1, $1.95©1; New York and Ohios, 55©65c, mostly 60c per bushel sack.

I WILL BUY $1,600 Celtic B. & L. 1 $2,000 Fletcher Ave. ■ 415 LEMCKE BLDG. 1

The American Utilities, Securities Cos. 823 Continental Bank Bldg. Listed Securities

1 * CONSERVATIVE * * MANAGEMENT jFletctwr frost m Cfunpamj ,

★ Safety for Savings Fletcher American NATIONAL BANK Southeast Cornar o# Market and Pennsylvania

Tobaccos— Am Sumatra... 8* a 8 B*4 7% Am Tob iAi new .. .. 76*a 747a Am Tob ißi new 78*a 78** 78** 78 Lig <k Myers ißi . ... 57'* 57 Lorillard 16' * 16 16 16 Phil Morris 34*, Reynolds Tob... 34% 34 34 United Clg 1 7* % 1 Utilities— Abltibi I’, Adams Exp s’, s’a 5*4 s*a Am For Pwr 10% 9 7 * 9 7 , 10 Am Pwr * LI. .. 10’. 10' 10', 10', A T At T 112 7 , 110’, 110’* 112', Col Gas A: E 1... 15 14’* 15 14% Com At Sou 4 3’* 3 7 3 7 , Cons Gas 58’, 58’, 58’, 58 El Pwr A: Li iO% 10', 10', 10 Gen Gas A 2 1 7 I’, 2 Inti TAt T II 7 , 11’, ll’ 11’, Lou Gas Ac El 19 7 Natl Pwr Ac Li.. 16 7 167-4 16 s , 16 1 a No Amer C 0.... 30 s , 30 30337,6 7 , Pac Gas A: El 30' 2 29 7 , Pub Ser N J 29 % 28'a 28’ 2 48’a So Cal Edison... 28 27’* 27’, 27 7 Btd GAc Ei 19 7 , 19'* 19' 19’, United Corp 10’a 10’, 10', 10'* Un Gas Imp 19’, 19 19 18 , Ut Pwr Ac L A.. 6' 2 6’* 6’, 6'* WestUUnion 37,3 7 , 33 33 32’* Shipping— Am Inti Corp ... 9'* B’* B’* B’* N Y Snip 3’* ... Inti Mer M pfd 3’* 3'* United Fruit ... 24 7 , 24’* 24’* 24 ■* Foods— Am Sug 29’* 29 29 28'* Armour A 2'* 2', 27* 2’, Cal Pkr 9 ! 2 Can Dry 13 s , 13'a 13*4, 13’* Coca Cola ... 97 97 Cont Bakmg A 6’* Corn Prod 43'4 42'* 42'* 42’* Cudahy Pkg 33 Cuban Am Sug 2' a Gen Foods 28 Grand Union ... 7’* 774 Hershey 56 54% 56 55 Jewel Tea 29 28 Kroger 15 s , 15'* 15'a 15% Nat Biscuit ... ... 38% Natl Dairy 21 20 7 , 20 7 , 20’* Purity Bak 10% 10’* 10’* 10% Safeway St 49% 48% 48% 48 Std Brands 15% 15% 15'., 15% Drugs— Drug Inc 42 417a 41’* 41% Lamoert Cos .... 39% 39 39 38% Lehn Ac Fink ... 17 Industrials— Am Radiator ... 9 B’* B’* B’* Bush Term 7% Certainteed 2% 3 Gen Asphalt 10% 10% Otis Elev 17% 17% 17% 17' Ulen 1% Indus Chems— Air Red 54’, 54 54 53% Allied Chem 79 78 78 79% Com Solv 9i 9’, 9’, 9% Dupont 36’* 55% 35’* 35 Union Carb 25’* 24% 24% 24% U S Ind Alco ... 277* 27 27 27 Retail Stores— Assoc Dry Gds gi . Gimbel Bros ... 2% 27* Kresge S S 11 Vi 1174 11% 11% May D Store 14% 15 Mont Ward 11% 11 11% 11% Penny J C 21 2074 2074 20% Sears Roe 2174 21 21 22% Woolworth 353Amusements— Crosley Radio 4 Eastman Kod... 53% 52% 52% 52% Fox Film A.... 4% 4’* 4% 4% Grigsby Gru 1% 1% Loews Inc 32 30% 317* 31 Param Fam 7Vi 6% 6% 7 Radio Corp 9% 9 g% 91/. R-K-O .. 5Vi 5% 5% 5’% Warner Bros 3% 3'/a 3% . Miscellaneous— Airway App 2% City Ice & Fu 13% Congoleum 10% 10% An OC ■••• 3 3 7 30 ‘* 30% 30% Allis Chal 117, 11% n% 11% Am Can 54% 53Vi 54% 52% 1 I Case 55 527* 54% 55% Cont Can 30 29% 30 29% Curtiss Wr 2 1% 1% 1% Gillette S R. 20% 20 20 s /, 20 s /* Gold Dust 16% 15% 15% 16% Int Harv 30% 28% 29’, 29’* Int Bus M 91 871,, Real Silk 5% 5V4 5'% . Transamerica .. 5 7 4 5% s’* 551 Un Arcft 17 16% 17 167*

Investment Trust Shares

(By James T. Hamill & Cos.) PRICES ARE TO 12 NOON, C. S. T. Bid. Ask. Am Founders Corp, com.. 1.50 1.62 Amer and Gen Sec (A)... 1.75 2.50 Amer Inv Tr Shares 2.10 2.20 Basic Industry Shares.... 2.25 2.35 Collateral Tr Shares iA).. 3.25 337 Corporate Trust (new) .. 1.75 190 Cumulative Tr Shares 2.90 293 Diversified Tr Sh (Ai 6.50 7.50 Fixed Trust Oil Shares., 6.62 775 Fixed Trust Shares (A)... 5.25 650 Fundamental Tr Sh (Ai.. 3.20 3.40 Fundamental Tr Sh <Bi.. 2.75 2.85 Leaders of Industry (A).. 2.15 225 Low Priced Shares 3.10 3 20 Mass Inv Trust Shares... 14.37 16 00 Nation Wide Securities... 2.65 2.75 North American Tr Sh 2.92 ... . Selected Cumulative 5h.... 1.85 195 Selected Income Shares... 2.50 287 Shawmut Bank Inv Trust 1.00 Std Amer Tr Shares 2.95 3.05 Super Corp of Am Tr Sh. 2.72 2.80 Trustee Std Oil (A) 3.65 390 Trustee Std Oil <BI 3.70 385 U S Elec L and Pwr (A). 15.50 16.50 Universal Trust Shares.... 2.25 2.30

Cash Grain

—Aug. 18— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41 %c New York rate, were: Wheat—Strong: No. 1 red, 46®47c: No. 2 red, 45®46c; No. 2 hard. 46® 47c. Corn—Firm: No. 2 white, 24%c®25%c; No. 3 white, 23%@24%c; No. 2 yellow, 24® 25c; No. 3 yellow,—23®24c: No. 2 mixed, 234524 c; No. 3 mixed, 22@23c. Oats—Firm; (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) No. 1 timothy, $7®7.50; No. 2 timothy, $6®6.50. —lnspections Wheat—No. 1 red. 1 car; No. 2 red, 3 cars; No. 3 red, 3 cars; No. 5 red, 1 car; No 2 mixed, 1 car. Total, 9 cars. Corn—No. 2 white, 2 car; No. 3 white, 2 cars; sample white, 1 car; No. 1 yellow, 1 car; No. 2 yellow. 9 cars; No. 3 'yellow, 2 car; No. 2 mixed. 1 car; No. 6 mixed, 1 car. Total. 19 cars. Oats—No. 2 white, 2 cars; No. 3 white, 42 cars. Total, 44 cars.

Primary Receipts

CHICAGO. Aug. 18.—Primary receipts; Wheat, 1.336,000; corn. 383,000; oats. 731,000. Shipments—Wheat, 616,000; corn. 104,000; oats, 540.000. Other Livestock By United Press *?kEVELAND. Aue - 19 -— Hogs—Receipts, ??2 : J loldover - none; la fr '2sc higher; bulk 100-230 lbs.. $5.15; small package. $5.25; good to choice pigs, [email protected]; for week; steady to 10c lower: week's top, $5.25. Cattle—Receipts. 100: plain steers and bulls steady to 25c lower; others, steady common to low medium light weight steers. [email protected]; sausage bulls, $2.50©3.35; for week; steers. $6.50 upwards. 25c spots SOc higher; lower grades also cows and bulls steady: top steers. $9.50. Calves—Receipts, 200: steady to 50c lower: good to choice yealers, $7.50@8: culls downward to $5for week; steady: week's top, $8 50. Sheep —Receipts, 1.000; steady; near choice lambs. $6.25 down; throwouts largely under $5. for week: lambs steady, sheen strong to 25c higher: top lambs. $6.50. By United Press LAFAYETTE. Ind., Aug. 19.—Market. 10 ©2sc higher: 160-210 lbs.. $4.70© 4.75- 210235 lbs.. $4.60© 4.65. 235-260 lbs.. S4 45r 4.50; 260-280 lbs.. 54.35©4.40: 280-325 lbs $4.10© 4.25: 130-160 lbs.. $4,2034,40; 100130 lbs.. $4; roughs. $3.40 down: top calves $5.50; lambs.. $5. By United Press FT. WAYNE, Ind., Aug. 19—Hogs—Market. 10c higher: pigs, $4.25© 4.60; light lights, $4 603 4.80: lights. $4.80© 4.90; mediums, $4.50© 4.60: heavies. $4 25©4 50' roughs. $333.50: stags, $1.50©2; calves' s6© 6.50: ewe and wether lambs. $5 25bucks, $4.25. ' By United Press TOLEDO, Aug. 19.—Hogs—Receipts. 275; market. 10© Isc higher: heavy vorkers. 54.80 0 4.95; mixed. $4.7504.85: bulk. $4.75 ©4.85: pigs. $404.25; lights, $4©4.25: roughs, $J© 3.25. Cattle—Receipts. 140: maritet. steady. Calves —Receipts, light; market, strong. Sheep and lambs, receipts, light f market, steady. MRS. THURSTON IS DEAD Prominent American Legion Auxiliary Worker to Be Buried Today. Funeral services for Mrs. Claire Palmer Thurston, prominent in American Legion auxiliary work, who died Thursday after illness of more than a year, were to be held at 2:30 today at the home, 2015 Nowland avenue. Burial was to be in Crown Hill cemetery. A resident of the city nearly all her life, Mrs. Thurston served in the war department in Washington during the World war. returning here to found the Robert E. Kensington post of the Legion auxiliary, first to be organized here. She formerly was department secretary of the auxiliary, and was a member of American War Mothers, Forty and Eight and the Writers Club.

THE INDIANAPOLIS TIMES

SWINE VALUES RISE SHARPLY AT CITYYAROS Cattle, Calf Trade Steady in Narrow Range; Sheep Off. Porkers moved up sharply this morning at the city yards, prices advancing 10 to 25 cents over Thursday's average. The bulk, 120 to 325 pounds, sold for $4.35 to $4.95; early top registered at $5. Receipts were estimated at 6,000; holdovers were 100. In the cattle market trade in steers was negligible; she stock was slow. Receipts were 300. Vealers were steady to $6 down. Calf receipts numbered 400. Considering quality, sheep were steady to 25 cents lower. The range was $6 down. Receipts were 1,500. Hog prices at Chicago advanced 10 cents to 15 cents over Thursday’s average. The bulk of good to choice porkers weighing 180 to 220 pounds sold at $4.80 to $4.90; top. $5, while light packing sows were salable at $4. Receipts were estimated at 14,000, including 5.000 direct; holdovers, 6,000. Cattle receipts were 1,000; calves, $500; market strong. Sheep receipts numbered 9,000; market strong.

Aug. Bulk. Tod. Receipts. 12. $4.20® 4.95 $4 95 5,500 13. 4.15® 4.90 4.90 2,000 15. 4 20® 4.95 4.95 5.000 16. 4.10® 4.85 4 85 6.000 17. 3.35® 4.70 4.70 4.000 18. 4.10® 4 8 0 4.80 3.000 19. 4.10® 4.80 5.00 6,000 Receipts, 6,000; market, higher. (140-160) Good and choice....s 4.65® 475 —Light Lights—-(l6o-180) Good and choice.... 4.90@ 5.00 —Light Weights—-(lßo-200) Good and choice.... 4.90® 5.00 1 200-220) Good and choice.... 4.80® 4.95 —Medium Weight—--1220-250) Good and choice.... 4.70® 4.90 (250-290) Medium and g00d... 4.45@ 4.75 —Heavy Weights—-(29o-350) Good and choice.... 4.25® 4.45 “•Psckinfj sows (350-500) Medium and g00d... 3.00® 4.00 (100-130) Slaughter pigs 4.40® 4.45 CATTLE Receipts, 300; market, steady. Good and choice $ 7.50® 9.50 Common and medium 4.50® 7.50 (1,000-1,800) Good and choice 7.75® 9.75 Common and medium 6.25® 7.75 —Heifers— Good and choice 6.75® 8.00 Common and medium 3.25® 6.75 —Cows— Good and choice 3.50® 5.00 Common and medium 2.50® 3.50 Low cutter and cutter cows... 1.25® 2.50 —Bulls (Yearlings Excluded)— Good and choice beef 3.00® 3.75 Cutter, common and medium 2.25® 3.00 CALVES AND VEALERS Receipts, 400; market, steady. —Vealers— Good and choice $ 6.00® 6.50 Medium 4.50® 6.00 Cull and common 3.00® 4.50 —Calves— Good and choice 3.50® 5.00 Common and medium* 2.50® 3.50 Stocker and Feeder Steers Good and choice 4.50® 6.00 Common and medium 3.00® 4.50 (600-1,500) Good and choice 4.50® 6.00 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts, 1,500; market, lower. Good and choice $ 5.00® 6.00 Common and medium 2.50® 5.00 Ewes, medium and choice .. I.oo® 2.00 Cull and common 50® 1.00 Other Livestock Bu United Press *P HICAG D. Aug. 19.—Hogs—Receipts, 14,000; including 6,000 direct; mostly 5® 10c higher; 180-220 lbs.. $4.80®4.90; top, $4.90; 230-260 lbs.. $4.50®4.75; 270-350 lbs., S4® 4.50; 140-170 lbs., $4.50®4.75: pigs, $3.75® 4.35; packing sows, [email protected]; light lights, 140-160 lbs., good and choice, [email protected]; light weights, 160-200 lbs., good and choice, $4.65(3.4.90; medium weights. 200-250 lbs., good and choice, [email protected]; heavy weights, 250-350 lbs., god and choice, s4® 4.60; packing .sows, 275-500 lbs., medium and good, $3.20®4; slaughter pigs. 11001300 lbs., good and choice, [email protected]. Cattle—Receipts, 1,000; calves, 500; “fully steady market on most killing classes; choice steers and yearlings absent; largely inbetween grades and grassers; best weighty bullocks, $8.70; not much above $8; most grassy and short feds. $5,254/7; active on cutter cows. Slaughter cattle and vealers—Steers, 600-900 lbs., good and choice, [email protected]; 900-1100 lbs., good and choice, $7.75®9.50; 1100-1300 lbs., good and choice, sß(n 9.75; 1300-1500 lbs., good and choice, [email protected]; 600-1300 lbs., common and medium, s4®B; heifers, 550-850 lbs., good and choice, $6.75®8.25; common and medium. [email protected]; low outers and cutters, $1.50®2.50; bulls, yearlings, excluded, good and choice beef, [email protected]; cutter to medium, [email protected]; vealers, milk fed, good and choice. [email protected]; medium. 54.50® 6; cull and common. 53.50®4.50. Stocker and ieeder cattle—Steers. 500-1050 lbs., good and choice, $5.50®6.50; common and medium, $3.50®5.75. Sheep—Receipts, 9,000; mostly steady to strong; good to choice native lambs, $5.50@6; small lots, $6.25® 6.75; holding choice westerns above, $6. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice, $5.50®6.75; medium, $4.50® 5.50; all weights common, [email protected]; ewes, 90-150 lbs., medium to choice. [email protected]; all weights, cull and common, $14)2. Feeding lambs—Feeding lambs, 50-75 lbs., good and choice, $4.50®

By United Press CINCINNATI, 0., Aug. 19.—Hog—Receipts, 3,700; including 177 direct and through; heldover 170; active 20 to 30c higher on 160 lbs. up. heavy butchers up most; lighter weights mostly 10c and spots 20c higher; better grade. 160-225 lbs., $5.10; 225-260 lbs., $4.75© 5; 265-300 lbs., [email protected]; 130-150 lbs., mostly 54.50; a few $4.60; sows, steady. $3.25©3.75; bulk, $3.50. Cattle—Receipts. 600; calves, 300; slow, peddling trade on steers and heifers, generally steady to weak; some sales unevenly lower; quality mostly plain; common and medium grades, $406.25; a few better finished yearlings, [email protected]; other classes steady; grassy beef cows, $2.50©3 mostly; good fed kinds up to $4; bulk low cutters, [email protected]; bulls, $3.40 down. Vealers active, steady to strong, spots. 50c higher; good and choice, $6©6.50 mostly; a tew selected kinds, $7: lower grades, $6 down. Sheep—Receipts, 2,500; lambs, active, mostly 25c higher at $6.50; bulk around 56.75; common and medium, $3.50© 6; plainer throwouts downward to $2 50fat aged ewes steady at $2 downward. ’ By Times Special TLLE, Aug. 19.—Cattle—Receipts, 125; steady; bulk comman and medium grass steers and heifers, s4© 5.50; better finished kinds, $5.75©7 or better; beef cows, mostly 52.50©3.60; low cutters and cutters, $1©2.25; bulls, $2.75 down; bulk desirable light Stockers. $4.50© 5.50; calves receipts, 250; steady; better light vealers mostly ss© 5.50; medium grades including most heavy calves, $3.50© 4.50; throw*out vealers. $3 down. Hogs—Receipts, 400; 20c higher; 160-220 lbs., $4.85; 225-255 lbs.. $4.40; 260-295 lbs., $4.05; 300 lbs ud $3.55; 140-155 lbs., s-7.25; 135 lbs down! 53.80, sows, $2.4503.20: stags, $2 20 Sheep—Receipts, 800; supply light; quality plain; market around steady; bulk better lambs, $5.50: few $5.75. and choice eligible ; Rn"? e ?R U n m grades including bucks mostly $3.50© 4.50; throwouts. $3 down- fat ewes, sl© 2; bulk breeding ewes, $4.40 per d ,°,n n v Thursday s shipments—97 calves, ,140 hogs and 618 sheep. By United Press EAST BUFFALO. N. Y„ Aug. 19—Hogs— On sale, 1.700; active to all interests; generaHy steady to 10c higher; weights above 150 lbs. reflecting full advance; good to choice. 160-210 ibs., $5.35; 220-230 ibs $5.-o; 230-260 lbs.. $4.85©5.i0: pigs, mostly $a Cattle—Receipt:,. 150; fully steady! medium to good steers and heifers, s7© •15; plain grassers. 54.a005.50; cutter cows. $1.75© 2.75. Calves—Receipts 350vealers unchanged, $7.50 down. Receipts. 1.600: lambs active, mostly 25c higher; good to choice ewe and wether lambs $6.75: bucks. $5.75; throwouts, $4.75 @5; sheep scarce, steady. By United Press PITTSBURGH. Aug. 19.—Hogs Receipts. 1.500: market mostly 10© 15c higher; 170-200 lbs.. $5.30©5.35; 210-230 lbs.. $5©5.25: 240-300 lbs.. $4.4004.85; pigs $4.40©4.75; packing sows, $308.50. Cat-tle-Receipts. 50; market steady to firm; medium to good steers, yearlings quoted *2'- a 7 - 50: common to medium grassers, $3. o© 5.50; medium to good cow s. $2 65© 4. Calves—Receipts. 100; market steady; better grade vealers, s6© 7. Sheep—Receipts. 2.000: market steady: variable 65-85-ib. lambs. $5.7506 25; lighter weights $4.5005.50; medium to good wethers, $2 02.75. By United Press EAST ST. LOUIS. HI.. Aug. 19 -Hogs— Receipts. 500; market, 5 to 10 cents lower; top, $4.80: small lot. $4.85; bulk. 160-230 lbs.. $4.604x4.75; 240-280 lbs.. $4.3504.55; 100-150 lbs.. [email protected]. Cattle—Receipts, 1.200; calves, receipts 1.000: feeders steady at $6.50; others generally steady in cleanup trading with not enough sales to warrant mention. Sheep—Receipts. 2.000; market, opening steady; better lambs to small killers, $5.5005.75: packers talking steady and selling mostly higher.

Dow-Jones Summary

Tempa Electric and subsidiaries in twelve months ended July 31. 1932. showed net income of $1,373,618 after taxes, charges and depreciation, against $1,616,257 in like period of 1931. Lone Star Gas Corporation declared the regular quarterly dividend of 16 cents on common stock, payable in 6 per cent preferred on Sept. 30. of record Sept. 15. Balova Watch Cos. and subsidiaries in quarter ended June 30, 1932. reported net Joss of *267,026 after depreciation, taxes and other charges, against net profit of $152,964 equal after preferred dividend requirements to 50 eents a share on 275.000 shares of common stock in June quarter, 1931. Suerra Pacific Electric and subsidiaries in twelve months ended July 31. 1932. reported net profit of $531,170 after taxes and charges, but before depreciation, against $490,696 in like period of last year. H. R. Hallinson & Cos., in six months ended June 30, showed net loss amounting to $249,846 after all charges, against net loss of $464,738 in first half 1931. Schiff Company declared the quarterly dividend of 25 cents on common, against 50 cents previously; dividend payable Sept. 15, of record Sept. 31. Colonl Oil Corporation in six months ended June 30. reported net loss of $750,845 after all charges. Colon Oil Corporation In six months in twelve months ended June 30. 1932. earned 24 cents a share on class A common outstanding, against 40 cents on combined class A and B common stocks in twelve months ended June 30, 1931. Deisel-W'emmer-Gilbert Corporation in June quarter earned 20 cents a common share, against 19 cents in previous quarter and 59 cents in June, 1931, quarter; six months amounted to 39 cents, against sl.ll in first half of 1931. New York, Chicago & St. Louis in July reported net loss amounting to $505,693 after charges, against net loss of $121,228 in July. 1931; seven months’ net loss totaled $3,007,623, against net income of $917,355 in first seven months of 1931. Daily average volume of federal reserve bank credit outstanding during week ended Aug. 17 was $2,352,000,000. a decrease of $24,000,000 from previous week, but $1,237,000,000 above like 1931 week.

In the Cotton Markets

CHICAGO —Aug. 18— High. Low. Close. January 7.86 7.65 7.86 March 8.02 7.77 7.80 May 8.14 7.93 8.12 July 8.25 8.05 8.25 October 7.66 7.39 7.62 December 7.80 7.57 7.80 * NEW YORK January 7.79 7.57 7.79 March 7.96 7.71 7.90 Mar/ 8.06 7.84 8.04 July 8.18 7.94 8.18 October 7.55 7.30 7.54 December 7.73 7.48 7.69 NEW ORLEANS High. Loow. Close. January 7.75 7.54 7.75 March 7.94 7.69 7.9 X May 8.04 7.82 8.03 October 7.54 7.29 7.52 December 7.71 7.47 7.68

Local Wagon Wheat

City grain elevators are paying 43c for No. 2 soft wheat. Other grades on their merit. Births Boya John and Mabel Schmidt. 1404 Silver. John and Dorothy Camden, 2044 Olive. Vernis and Lucille Beasley, 429 South Oakland. Wendell and Mary Reed. Methodist hospital. Dewey and Dorothy Midkiff, Methodist hospital. Ora and Fronza Hovious. Coleman hospital. Ernest and Grace Giddens, Coleman hospital. Fredrick and Sadie McLary, Coleman hospital. Lawrence and Frieda Johnson, Coleman hospital. William and Lola Utterback, Coleman hospital. Robert and Anna Heller, Coleman hospital. John and Mary Hustedt, Coleman hospital. Girls Marion and Manda Coleman, 1124 Finley. Thomas and Opal Powell. 1038 Trov. Asher and Edith Huff, Coleman hospital. Roy and Iris Corbin, Coleman hospital. Paul and Ethel Robbins, Coleman hospital. Sethley and Goldie Osborne, Coleman hospital. Lewis and Margaret Foster, Coleman hospital. Charles and Ida Mitchell, Coleman hospital. Eugene and Blanche Hewitt, Coleman hospital. Herschel and Mary McMahon, Coleman hospital. Elmer and Sybil Downs, Coleman hospital. Lester and Margaret Erdle, Coleman hospital. Clarence and Dorothy Schrader, 517 East Walnut. Louis and Grace Rice, 1501 Raymond. Charles and Helen Buckner, 1829 Holloway. Deaths James K. Dunville, 2217 Martindale, cerebral hemorrhage. Mattie E. Haywood, 17, 1918 West Tenth, acute gastro enteritis. Catherine D. Hawkins, 77, 1520 Martindale, acute myocarditis. Ellen Owen, 36, 1936 Ruckle, odema of lungs. William E. Barton. 69, 500 Indiana Trust Bldg., aortic aneurysm. Infant Bruhn, 15 minutes, 1323 Shelby, premature birth. William Edward Poe, 1 month, Riley hospital, acute enteritis. Everest Ward Short, 2, city hosp.tal, septicaemia. Claire Palmer Thurston, 59, 2015, carcinoma. John Charles King. 75, 240 Buckingham drive, carcinoma. Wiliam A. Franzman, 67, 455 North Walcott, arteriosclerosis. Cale:\ia S. Smith, 53, city hospital, chronic myocarditis. Lloyd Albertson. 19. 1418 South Belmont, chronic myocarditis. Deloris Cook. 3, 1314 West Ray, entero colitis. James Taylor, 34. White River, drowning accidental.

UNCLE 9AM’§ m NEW TAXE9H WHERE THEY HIT YOU—AND NOW! WLLS.

This is the eighteenth of twenty daily articles explaining the new federal taxes. BY ROBERT TALLEY NEA Service Writer (Copyright, 1932, NEA Service. Inc.) Stock transfers: Old Law 1932 LawSelling price less than S3O 2c per sh. 4c per sh Selling price S2O or mote 2c per sh. 3c per sh' Bond transfers None 4c per SIOO Stock or bond issues 5c per SIOO lOc per SIOO Conveyances None 50c per SSOO Produce Futures lc per SIOO 5c per SIOO ACCUMULATE stocks and bonds now—and pay a tax to Uncle Sam. Die and leave them to somebody else—and do the same. Stamp taxes imposed by the new 1932 revenut law put a toll on transactions in securities approximately twice as high as the taxes under the old law, and impose a brand new tax on bond transfers and real estate conveyances. The tax on produce futures was made five times as much. The new stamp taxes, designed to yield $45,500,000, are given in the above table in comparison with the old rates. “Nothing is certain but death and taxes,” says the old adage, and

<r\ <3> ? |

under Uncle Sam s new law death and taxes join hands to help the federal treasury. * The new estate tax applies to estates of persons who die after 5 p. m., eastern standard time, June 6, 1932 (the hour President Hoover signed the revenue law). It reduces the exemption from SIOO,OOO to $50,000. On net estates above this exemption, the rate is 1 per cent on the first additional SIO,OOO 'and graduates upward to 45 per cent on estates of more than $10,000,000. This new tax is more than double the levy in the 1928 law, and the excess over the 1928 rates is not subject to any credit for Inheritance taxes paid to the various states. A rich man can not dodge payment by giving his money away, since the federal gift tax is now restored to forestall such evasion. On the average, the gift tax rates are about 25 per cent less than the estate tax.

UNEVEN TREND IS FEATURE OF GRAINFUTURES Short Covering Near Close Fails to Bring Wheat Out of Slump. BY HAROLD E. RAIWILLE United Press Staff Correspondent CHICAGO, Aug. 19.—Short covering near the close of the Board of Trade today firmed up the wheat market, but came too late in the session to ‘allow the major grain substantial recoveries from its low figures of the session. Wheat ended the session with losses of more than 1 cent, while corn and oats were fractionally lower in sympathy. At the close wheat was% to 1% cents lower, corn was % to % cent down, and oats was off % to % cent. Provisions showed some firmness, lard and bellies being unchanged. Liverpool Closes Up Liverpool advanced later in the session and closed with fractional gains. This firmed up the Chicago wheat pit, which earlier had met a flurry of selling on the weak tone of the British exchange. There was no tendency to advance during the morning, and the strength in stocks, usually an extremely bullish factor in grain advances, failed to rally the pit, and prices held fractionally under the previous close. Cash was unchanged and receipts were 25 cars. September corn met liquidation after the opening, but some strength was imparted to the grain later by short covering in December and the strong cash market. Cash Corn Higher About 47,000 bushels of cash corn were sold and it was estimated that 106,000 bushels were due to arrive. Cash was cent higher, and receipts were 201 cars. About 180.000 bushels of oats were sold to go out today, but the market retained its desultory tone despite strength in the cash situation. Receipts were 125 cars and cash was % cent higher. Provisions were at a standstill, although the better tone in hogs was expected to firm up these commodities later.

Chicago Grain Range —Aug. 19— WHEAT— prev. Open. High. Low. Close, close. Sept (old) .51% .52 .50% .50% .52% Sept (new) .51% .51% .50% .50% .52’% Dec 55% .55% .54% .54% .55% May 60% .60% .587'* .59% .60% CORN— Sept 31% .31% .31% .31% .31% Dec 33 V* .33% .32% .32% ,33 V* May 37% .37% .37% .37% .377'* OATS— Sept 16% .16% .167* .16% .16% Dec '. .18% .18% .177'* .17% .18% May 21 .21% .20% .20% .21% RYE— Sept 31% .31% .30% .30% .31% Dec 34% .34% .33% .33% .3434 May 387* .39 .38% .38% .39% LARD— Sept 5.05 5.05 Oct 5.00 5.05 Jan 4.87 4.87 4.85 4.85 4.85 May 5.00 5.05 BELLIES — Sept 6.50 6.50 By Times Special CHICAGO. Aug. 19.—Carlots; Wheat. 51; corn, 281; oats, 165; rye, 0, and barley, 12. By United Press CHICAGO. Aug. 19.—Cash grain close: Wheat—No. 2 hard, 52%c: No. 3.52 c; No. 3 yellow hard, 51%c; Northern No. 1, 52%c; No. 2, 51%c; No. 1 mixed, 51%c. Corn—No. 3 mixed. 32%c; No. 1 yellow, 33c; No. 2. 32%4)33c; No. 3, 32%@32%c; No. 1 white. 33c: No. 2. 32%c; No. 3, 32%c; sample grade, 30%c. Oats—No. 2 white, 17%® 18c; NO. 3, 16%®17%c; No. 4. 15%® 16c. Barley—2s4r3sc. Timothy—s2.so® 2.75. Clover—[email protected]. By United Press TOLEDO. Aug. 19.—Cash grain close: Grain in elevators transit billing: Wheat —No. 2, 55%®56%c. Corn—No. 2 yellow, 35® 36c. Oats—No. 2 white. 19%4/20%c. Rye—No. 2, 40%®41%c. Track prices, 28%c rate. Wheat—No. 2 red. 50®51c; No. 1 red, 1 cent premium, 51(&51%c. Corn —No. 2 yellow, 31®31%c; No. 3 vellow, 30®30%c. Oats—No. 2 white, 16%@T7%c; No. 3 white, 15®17c. Barley—No. 2. 33® 34c. Butter—2sc. Eggs—lß® IB%c. Hay—80c per cwt.

Chicago Fruit

By United Press CHICAGO, Aug. 19.—Apples: Duchess, 50© 65c. Cantaloupes; western crates, sl© 1.25: Michigan, sOcosl. Melons: California Honey Dews, $1.75©2; Honev Balls, $202.25. Blueberries: Michigan, 16 pints, $1.75©:2.50. Peaches: Georgia Elbertas, [email protected]; Michigan Elbertas, $101.25. RAW SUGAR PRICES —Aug. 18— . High. Low. Close. January 1.11 1.10 1.11 March 1.09 1.09 1.09 May 1.13 1.12 1.12 July 1.19 1.17 1.18 September 1.10 1.09 1.10 December 1.15 1.13 1.13 NEW YORK COFFEE RANGE —Aug. 18— High. Low. close. March 5.90 5.89 5.89 July 5.79 5.75 5.15 September 7.12 7 05 7 12 December 6.12 6.05 6.08

LEGALS Legal Bids, Proposal* NOTICE DEPARTMENT OF FINANCE OFFICE OF CITY CONTROLLER CITY HALL Indianapolis. Indiana. August 19. 1932. Sealed bids will be received by the City Controller of the Citv of Indianapolis, Indiana. untii 11 o'clock. A. M.. on the 10th day of September, 1932, for a temporary loan of Fifty Thousand i *50.000.00 1 Dollars to the City of Indianapolis. Indiana, acting on behaif of and for the use and benefit of the Sanitary District of Indianapolis and the Board of Sanitary Commissioners thereof, for the relief of and in aid of the "Sanitary Maintenance and General Expense Fund'' of the said District and Board. Said loan will bear interest at the rate of not more than 6% per annum, and will be evidenced by notes or warrants signed bv the City of Indianapolis, for the use and benefit of and on behalf of said Sanitary District and the Board of Sanitary Commissioners thereof, in the total principal sum of Fifty Thousand 1 $50.000.00 1 Dollars, to be dated September 10. 1932. and to be payable December 10. 1932. The interest on said notes or warrants shall be payable at the maturity thereof. The proposals received will be opened by the City Controller in his office on the iOth day of September. 1932. between the hours of 11 o clock. A. M.. and 2 o’clock. P. M . and said Citv Controller shall thereupon award such loan to the person or institution offering his or its bid to loan the money at the lowest rate of interest: but the said City Controller shall have the right to reject any and all bids or proposals for said loan. Said notes or warrants shall be payable to the bearer thereof at the office of the Treasurer of Marion Countv in the City of Indianapolis, Indiana, or at one of the authorized depositories in said city. Said notes or warrants shall import no personal obligation for their payment, and shall be payable only out of the taxes actually levied and now in process of collection under section 21 of an act of the General Assembly of the State of Indiana in the year 1917. entitled "An Act concerning the department of public sanitation in cities of the first class, defining its powers and duties, creating sanitary districts consisting of such cities and anyincorporated towns located within the boundaries thereof, repealing conflicting laws, and declaring an emergency," approved March 9. 1917, as amended bv an act approved March 7. 1923; and the proceeds of said taxes now in process of collection have been pledged and appropriated. so far as is necessary, to the payment of said notes or warrants. Said notes or warrants shall be issued and offered for sale, and said temporary loan made, under and pursuant to the provisions of said Act of 1917. approved March 9. 1917. and all acts amendatory thereof, and particularly under and pursuant to section 21 of said Act, approved March 9, 1917, as amended by said Act approved March 7, 1923 WILLIAM L. ELDER.

City Controller. Legal Auctions and Sales H. W. KOTTHE 1500 Fletcher Tr. Bldg. Li. 5528 SHERIFF S SALE By virtue of a certified copy of a decree to me directed from the Clerk of the Superior Court of Marion County, Indiana, in cause No. A-64789 wherein Fletcher Avenue Saving and Loan Association Plaintiff and Alonzo Le May, etal Defendants requiring me to make the sum of Eleven Hundred Seventy Seven Dollars, and Seventy Seven Cents ($1177.77), as provided for in said decree, with interest and costs, I will expose at public sale to the highest bidder, on SATURDAY. THE 3RD DAY OF SEPTEMBER. 1932. between the hours of 10 o’clock A. M. and 4 o'clock P. M. of said day, at the door of the Court House of Marion County. Indiana. the rents and profits for a term not exceeding seven years, of the following real estate in Marion County. Indiana: Lot numbered five (5) in Whitehead’s subdivision of the north part of lot numbered four (4) in Drake ana Mayhew’s Second Addition to the City of Indianapolis, as per plat thereof in plat book 16 page 55 of the Recorder’s office of Marion County. Indiana. If such rents and profits will not sell for a sufficient sum to satisfy said decree with interest and costs, I will, at the same time and place, expose to public sale the fee simple of said real estate, or so much thereof as may be sufficient to discharge said decree. Said sale will be made without relief from valuation or appraisement laws. CHARLES L. SUMNER. Sheriff of Marion County. August 12. 1932. August 12. 19. 26. 1932. jacoby & Radley 304-516 Indiana Tr. Bldg. Li. 9624, Rl. 7990. SHERIFF’S SALE By virtue of a certified copy of a decree to me directed from the Clerk of the Circuit Court of Marion County. Indiana, in cause No. 46911 wherein The Railroadmen’s Building and Savings Association Plaintiff and Henry William Kumpart, unmarried, etal Defendants requiring me to make the sum of Forty One Hundred Sixty Six Dollars, and Seventy Two Cents ($4166.72). as provided for in said decree, with interest and costs, I will expose at public sale to the highest bidder, on SATURDAY. THE 3RD DAY OF L SEPTEMBER. 1932. between the hours of 10 o’clock A. M. and 4 o’clock P. M. of said day. at the door of the Court House of Marion County, Indiana, the rents and profits for a term not exceeding seven years, of the following real estate in Marion County, Indiana: One-half acre of land out of the northwest corner of the following described part of the west half of the southeast quarter of section twenty (20) township fifteen (15) north of range four (4) east, more particularly described as follow's; Beginning at a point in the east line df said half quarter section thirty four and ninety two hundredths (34.92 1 chains north or the southeast corner thereof, thence north W'ith said east line four and ninety five hundredths (4.95) chainsthence west parallel with the south line of said half quarter section ten and ten hundredths (10.10) chains: thence south four and ninety five hundredths (4.95) chains; thence east ten and ten hundredths (10.10) chains to the place of beginning, said half acre being more particularly described as foliows; Beginning at the northwest corner of the above described tract of land and extending east along ;iL, no / th . U JL* thereof one hundred (100) feet; thence south parallel to the west line tnereof two hundred seventeen and eight tenths (217.8) Ifni’ , t h' nfP , west Parallel to the north line thereof one hundred (100) feet; INSURANCE

INSURANCE - ... CLIP THIS COUPON _ 1 Insurance Department The Indianapolis Times 1 Indianapolis, Indiana 1 I am interested in obtaining information on 1 ; request thst w ; , Name * I Street and Number I I 0117 State ! | L n 1 i or dins "™ < ‘ion i ™n , in"u , ran 0 ee d to nl J* y th ®- ot "'d'" who writ. * . held as eon ®dential In keep,„ r with the of Tles P *rSlier,™‘ “ *

Casualty Accident JOHN F. LANCE—INSURANCE J 251 N. Delaware St.—Rilev 2568. Let me tell vou about an accident policy which pays double indemnity for autombile accidents. No obligation. Monarch life insurance ca OF SPRINGFIELD. MASS. Non-Cancellable Income Protection First-Dav Coverage—Open Field RELIABLE REPRESENTATIVES NEEDED JACKSON K. LANDERS, MANAGER, J The Metropolitan Casualty Insurance Cos. of New York Commercial Casualty Cos. of Newark 2nd Floor Guaranty Bldg, __ == RAIN DEALERS NATIONAL MUTUAL FIRE INSURANCE COMPANY 1740 North Meridian St. J. J Fitzgerald, Sec'y-Treas. Insures All Classes of Property at Saving of 25T,. Ha. 3000. Mutual fire insurance co. of Indianapolis 505 Indiana Trust Building. RECORD OF PROMPT LOSS PAYMENT General F “Letcher American agency Joseph W. Stickney. Agent Fletcher American National Bank Building Indianapolis. Indiana JNDIANA LUMBERMENS MUTUAL Insurance Company General Insurance Mutual Insurance Bldg. Indianapolis. Ind. The'shimer AGENCY, INC All Insurance Except Life 328 Knights of Pvthias Bldg Phones: Lincoln 1003. Cherry 0247 Indianapolis. Indiana. WOODBMALL AGENCY -- Fidelity Trust Bldg. Indianapolis WE INSURE EVERYTHING BUT IHB HEREAFTER SELL, RENT OR BUY REAL ESTATE through classified ada In The Time* Phone “ad-taker" Ri. 5551 during business hours.

_AUG. 19, 1932

LEGALS liCfal Auctions and Sales thence north along the west line thereof two hundred seventeen and eight tenths (217.5i feet to the place of beginning. Book Stock No. *4504 of the plaintiff of the value of three hundred fifty '*350.00i dollars. If such rents and profits will not sell for a sufficient sum to satisfy said decree with interest and costs. I will, at the same time and place, expose to publtc sale the fee simple of said real estate, or so much thereof as may be sufficient to discharge said decree. Said sale will be made without relief from valuation or appraisement laws. CHARLES L. BUMNER. Sheriff of Marion Countv. August 12. 1932. August 12. 19. 26. 1932. NOTICE of sale of automobile pursuant to section 256 Public Acts of 1925. We will sell at Public Auction on Sept. 3. 1932. at 10 a. m.. one 1926 Studebaker Coupe, engine number V 27316 serial number 1373325 at 2119 E Washington St . belonging to Hadley G. Fite. 2034 Blvd. PI. to satisfy lien covering parts, labor and storage amofmting to *63 50. AUTO CITY GARAGE. AJ Seimier. Manager. ANNOUNCEMENTS 1 Death Notices HAU.ORAN. MRS. ELLA Beloved mother of Frank. Frederick. John and Charles Halloran Mrs. D. J. Tobin and Mrs. J P. Davev. died at her home. 637 E 38th St . Thursday evening. Funeral Monday. 830 from the home of Mrs. Tobin. 5102 Park Ave.. 9 a. m. St. Joan of Arc church. Friends invited. KIRBY-DINN3 Service. HILL. LOU ANN—Wife of George B Hill, mother of Mildred Hill Ballweg, passed away at the residence, 5102 N. Capitol Ave.. Friday morning. Services Monday. 2 p m FLANNER A: BUCHANAN MORTUARY. Friends invited Burial Crown Hill. Friends may call at the Mortuary anytime. THOMAS. RICHARD W.-Beloved son of Mr. and Mrs. Rav H. Thomas, and brother of Broshia Thomas, passed awav Wednesday. Aug. 17. age 16 vears. Funeral services will be held at the residence, 116 Kansas st . Saturday afternoon. Aug. 20, at 2 o’clock Friends in. vited. WALD FUNERAI DIRECTORS TIMES WANT ADS mage Interesting reading because interesting bargains of many kind- a-e listed here daflv 8 Funeral Directors, Florists W. D. BEANBLOSSOM " 1321 W. Ray BE. 1518 W. T. BLASENGYM , Main office 2226 Shelbv St. Branch office 1634 W. Morris. ! Dr. 2570 grinsteineits • 522 E. Market ' RI. 5374 JOHNSON & MONTGOMERY Funeral Home 1622 N Meridian. Ha. 1444. HISEY & TITUS 957 N. Delaware | LI. 3826 TTOCKENSMITH 726 North Illinois Street—Lincoln 6R58 J. C. WILSON ~ IMP Prospect- Dr. 0321 032>. 4 Lost and Found Finders of Lost Articles That have been advertised In thta column wIU receive two guest ticket* To The Indiana Theater To See The 4 Marx Bros. —ln—“Horse Feathers.” When you have returned the erticle co its owner, ask him to call Miss Joe at THE TIMES WANT AD DEPARTMENT and say that you have returned the article and tickets will be mailed at once KAPPA sorority key. name on back; rew! 520 Sutherland. He. 3898. DOG—Strayed 5100 Wash! blvd.; black 1 toy bull, white face, very thin coat of hair, name “Sklppy;” rew. Ta. 3338. POINTERS—Pair bird dogs, male and female, white, brown, female with collar. Reward. 3448 Brouse Ave. Ri. 0091. TIMES WANT ADS maice InterestinifTeading because Interesting bargains of many kinds are iistecs here dally 5 Personals Neon Signs—All Kinds ~ GENUINE-MADE in INDIANAPOLIS REFLECTUBE SIGNS, INC. LI. 3606. FA >.SE TEETH, BROKEN PLATES RE-PApEp-Teeth replaced. Call for and deliv. free, 417 Virginia Ave. Dr. 5967. Central Ave. Cleaners "WHERE BETTER WORK IS DONE” SUITS jr DRESSES /I CJ. PLAIN “•.FTC Cleaned and Pressed DELIVERY SERVICE FREF Ph - HA. 0354 or TA. 3798 HELP WANTED 13 He, P Wanted—Male T ltffg^? ore T d lme S an ßo W , h y an m ‘ ke INSURANCE

Life . A FEW pf£££ TS regarding the n RESERVE LOAN LIFE 429 V INSURANCE CO. 1- Second nn o ?des a t Dl r St ' Indian apolis Ind. 2. Maintains St company in Indiana, claims withfn 2* h rd of , Davln * death proofs ‘ 3n 24 hour * after receipt of 3 ' company b of lnß eep C Uonal mlnfrS h** ‘ financially exceptional soundness QONNECTICUT MUTUAL LIFE INSUR- - ANCE COMPANY 12 7, Income guaranteed while children are dependent. Circle Tower Equitable life assurance society HOMER L ROGERS „ Agency Manager. Consolidated Building. CROZEN ASSETS ARE UNKNOWN TO ' policy VNEß OF A LIFE insurance WM. H MEUB. lOEL T. TRAYLOR, GENERAL AGENT • • N W National Life Ins. Cos. of Minneapolis. Minn. ... Insurance and Annuities 504 Guaranty Bldg. Li 9884. Life insurance is' needed more NOW THAN EVER BEFORE. E_ W CRANE. General Agt., Northwestern Mutual Life Ins Cos Occidental Bldg. NEW YORK LIFE insurance CO Life Insurance—Annuities and Single Premiums w Rl AGENFY DIRECTOR RI 5315 808 Guaranty Bldg. STATE LIFE INSURANCE CO C. S SWEENEY AGENCY Just the Best. STATE MUTUAL LIFE ASSURANCE ot w °rccster Massachusetts _ „ ‘ SS—Then What?" H K-.WEHtICK. GENERAL AGENT TWO SENSATIONAL $1 PER - MONTI? I “hard times" policies. Big sellers. Liberal commissions. Get In the money. Write O. T. RAPP Myers Building. Springfield, IIL