Indianapolis Times, Volume 44, Number 98, Indianapolis, Marion County, 2 September 1932 — Page 16

PAGE 16

GRAIN FUTURES SHOW GAINS ON STRONG BUYING Sharp Rally in Securities and Cotton Reflected in Cereals. BY HAROLD E. RAINVILLE failed Prm Staff Correspondent CHICAGO, Sept. 2.—The sharp rally in stocks and cotton brought a hearty response from wheat traders on the Board of Trade today and good 'buying sent prices up fractions to a point. September showed some inclination to lag, while May led the upturn. There was no pressure at the start and scattered buying found offerings scarce. Liverpool also was higher than expected. Corn was up moderately with wheat, as was oats, but rye made a good gain. At the opening wheat was 14 to 1% cent higher, com was % to % cent higher, oats was % cent lower to % cent higher, and rye was % cent to % cent higher. Provisions were steady. Liverpool started as expected and worked up % cent by mid-after-noon. An official French estimate on the wheat crop was 315,000.000 bushels, the largest since 1929 and narly equal to requirements. The trade sees nothing in the fundamentals of corn to cause any increase in values at the present. Prospects are for one of the largest crops in years. Oats has been showing independent strength, but was not advanced much. There is plenty of oats and the cash demand is only moderate.

Chicago Grain

—Sept. 1— Primary Receipts. Wheat 1,645,000 Corn 583.000 Oats 447,000 Futures Range —Spet. 2 WHEAT— Prev. High. Low. 10 00. close. Dec. 57 ■/ .56*/ 4 .56*/* .56V May 62% .61% .61% .61% CORN— Dec 34% .33% .33% .33% May 39% .38% .39% .38% OATS— Dec. 19% .19 .19% .19% May 22% .22% .2% .22% RYE— Dec 35 .34% .34% .34% May 39% .39 .39 .38% LARD— Oct. ...‘ 5.27 5.25 5.25 5.25 Jan 5.17 5.17 By Times Special CHICAGO, Sept. 2.—Carlots—Wheat, 40; corn, 436; oats, 58; rye, 1, and barley, 9. Bn I ii ilcil Pres* CHICAGO, Sept. I.—Cash grain close: Wheatr-No. 2 hard, 53%®54c; No. 3 hard, 53c; No. 2 hard, weevily, 52%c; No. 1 northern. 54%c; No. 2 mixed, 52%c. Corn —No. 2 mixed, 31*<®32c; No. 3 mixed, 31 %c; No. 6 mixed, 30%c; No. 1 yellow, 31%®;32%c; No. 2 yellow 31%c; No. 1 white, 32@32 , /*c; No. 2 white. 31**®32%c. Oats—Uo. 2 mixed, 15%c; No. 2 white, 18%<@19c; No. 3 white, 17%@18%c. Rye —No sales. Bai ley—24® 38c. Timothy—[email protected]. Clover—s7® 10. Bn United Brens TOLEDO, Sept. I.—Grain close: Wheat —No. 2 red. 56%®57c. Corn—No. 2 yellow, 35%@36%c. Oats—No. 2 white, 21%®22 %c. Ryq—No. 2, 41%® 42 %c. Track prices 28%c rate: Wheat—No. 2 red, 51%® 52%c; No. 1 red. lc premium, 52%@53%c. Corn—No. 2 yellow, 31%@32c; No. 3 yellow 30%®31c. Oats—No. 2 white, 18® 10%c; No. 3 white, 17@18%c. Barley— No. 2, 32® 33c. Produce: Butter—2sc. Eggs —lß®lß%c. Hay—Boc per cwt. BONUS FIGHT PLEDGED Veterans of Foreign Wars to End Encampment Today. Bn Unilcil Brens SACRAMENTO, Cal., Sept. 2. Delegates to the thirty-third national encampment of the Veterans of Foreign Wars planned to conclude their convention here today by electing officers pledged to carry on an active fight for immediate payment of the soldiers’ bonus. Admiral Robert E Coontz, retired, Washington, was unopposed to succeed Darold D. Decoe, Sacramento, as commander-in-chief of the organization.

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 129 E. Market Lincoln 9375 Lincoln ?17

★ Safety for Savings Fletcher American NATIONAL BANK Southaait Corner of Market and Penmyivania

’[ —^T|jflftchu (Trust Company Active Markets All Fixed Trust Shares T. P. Burke & Cos. Incorporated SUITE m CIRCLE TOVTER PHONE Riley 8536

ABBOTT, HOPPIN & COMPANY 203 Continental Bank Bldg. Indianapolis Stocks, Bonds, Grain MEMBERS: New York Stock Exchange New York Curb Exchange Chicago Stock Exchange Chicago Curb Exchange Chicago Board of Trade Co-Managers JAMES T. HAMILL KENNETH K. WOOLLING, Formerly Members of JAMES T. HAMILL & COMPANY Riley 5493-5494

New York Stocks “"(Bv Thornton A McKinnon.

—Sept. 2 Railroad*— . . Prev. High Low 11:00 close. Atchison 59% 58% 59‘4 ST?* Atl Coast Line. 43% 43 43% 43% Balt & 0hi0.... 18 17% 17% 17% Chesa & 0hi0.... 28’* 27% 28% 27% Chesa Corp.... 19% 19% 19% 19% Can Pic 17% 17%. 17% 17% Chi Ort West 5 Chi N West 13% 13% 13% 12% C R I At P ... 11% 11% 11% 11% Del L At W 41% 41 41% 40% Del Ac Hudson 84% Erie 10% 10% 10% 10% Erie Ist pfd. .. 13% 13% 13% 13 Great Northern 19% Gulf Mob A- Oil , 7 Illinois Central.. 20% 20 20% 19% Kan Cltv Bo ... 13% 13% 13*. 13*4 Lou At Nash ... 36 36% M K At T 8% 8% Mo Pacific .... 8% 8 8% 8 Mo Pacific pfd.. 15% 15% 15% 15% N Y Central 30% 30% 30% 29% Nickel Plate.. 9 8% 9 8% N Y N H Ac H 26% 25% 25% 25% Nor Pacific ... 22% 22% 22% 22'4 Norfolk Ac West 109% 108 109% 107 OAc W 12% 12% 12% 12% Pere Mara ... 15% Pennsylvania .. 22% 21% 22% 21% Reading 47% 45% 47% 45% Seaboard Air L % % So Pacific .... 27 28% 26% 26% Southern Rv ... 14% 14% 14% 14% St Paul . 4 3*4 St Paul pfd .... 7% 6% 7% B*4 St L At S F 4% 3% Union Pacific 80*4 Wabash 4% 4% W Maryland ... 11% 10% 11 10% Equipment#— Am Car Ac Fdy 14 13% Am Locomotive. .. ... ... 12% Am Steel Fd .. .. ... 11% 11% Am Air Brake Sh ... 15% Gen Am Tank.. 20% 19% 20% 19% General Elec ... 21% 21% 21% 21 Lima Loco ... 22 21% Lima Loco ... ... 17% N Y Air Brake 10% Press Stl Car ... 3% 3% Pullman 2574 25% Westingh Ar B . 17% 17% 17% 17% Wetsingh Elec.. 41% 41% 41% 41% Rubbers— Firestone 17% Fisk % Goodrich 10% 10 10% 974 Goodyear 27% 27% 27% 26 Kelly Sprgfld 2% 2% Lee Rubber 6% U S Rubber S% 8% Motors— Auburn 65 64 % 65 6274 Chrysler 17 16% 17 16% General Motors. 16% 16% 16% 15% Graham Paige 2% 2% Hupp 374 Hudson 8% 874 8% 8 Mack 23% 22% 23 21% Marmon ... ... 3% Nash 1674 1674 1 674 16% Packard 474 3 74 4 4 Reo ... 274 274 Studebaker .... 8% 874 8% 8 White Mot 1?74 19 19% 19 Yellow Truck .. 474 4 474 374 Motor Access— Bendix Aviation 12% 12% 12% 12% Borg Warner ... ... 1074 Briggs 8% 774 8% 7% Budd Wheel 3 % 3% Campbell Wy ... 774 7% 7% 774 Eaton 7% El Auto Lite ... 21% 2074 21% 20% El Storage B 29% Hayes Body 2^2 Houda 374 Motor Wheel ... 574 574 Murray Body ... 574 5% 574 5% Sparks-W 3 Stewart Warner 6% 674 6% 674 Timkin Roll 19*4 19*4 Mining— Am Metals 8 Am Smelt 23% 23 23 2274 Am Zinc 574 Anaconda Cop.. 14 13% 14 1374 Alaska Jun 11 Cal Ac Hecla ... 574 5% Cerro de Pasco 13 13 Dome Mines ... 1114 11% Freeport Texas ..2574 25% 25*4 25*4 Granby Corp ... 9% 9% Great Nor Ore ... 10 Howe Sound 12% 12% Int Nickel 10% 10% 1074 1 0 Inspiration 5% 5% Kennecott Cop.. 16% 16 16% 15% Magma Cop 11*4 1174 Miami Copper 5 Nev Cons 8 7% 8 8% Noranda 20 1974 1974 18% Texas Gul Sul 24% 24 U S Smelt 21 2074 21 20% Oils— Amerada ... 2074 20 Atl Refining 1874 18% 18*4 18% Barnsdali 6 6 Houston 474 Sbd Oil ... 1574 1 5 Mid Conti 774 774 Ohio Oil 9% 9% Phillips 7 774 Pure Oil 6 Roval Dutch 21% 21 \t Shell Un 6% 6% 6% 674 Cons Oil 8 774 8 8 Skellv 5 Stand of Cal 2874 28% Stand of N J ... 35 34% 35 34% Soc Vac 11 10% 1074 11 Texas Cos 16% 16% 16% 16% Union Oil 1374 1 4 Steels— Am Roll Mills .. 1574 15 15% 14% Bethlehem 2274 22% 2274 21 74 Byers AM 19% 19 19 18% Colo Fuel 13 12% 13 12 Cruc Steel 16 Ludlum 10 8% 974 874 McKeesport Tin 51% 5074 5174 50% Midland .9 Newton ... ... 5 Repub lAr S 9% 9% 9*4 974 U S Steel 4874 47 % 4874 46% Vanadium ... ... 1874 Youngst S Ar T 19% 19 19% 18% Tobaccos— Am Sumatra .. 974 9% 974 9*4 Am Tob A New 77% Am Tob B New,. 81% 80% 8174 80 Lig & Myers B. .. ... 63% 63 Lorillard 1674 16% 1674 16% Reynolds Tob... 37 3 674 3 7 36% United Cig % 74 74 74 Utilities — Abitibi 2% 274 Adams Exp 6% 6% Am For Pwr 13% 13 1374 13% Am Pwr Ar LI ... ••• 14% A T Ac T 117 7 4 115 74 117% 115 Col Gas At E 1.... 1974 19% 19% 1874 Com At Sou 5 4% 474 5 Cons Gas 63% 62% 63 617* El Pwr Ar Li 14 Gen Gas (A) ... 2 2 Inti TAr T 12% 12 12% 12 Lou Gas At El . 20 19 1974 ... Natl Pwr Ar Li.. .. , 18% No Amer Cos .... 39 74 3 9 39 % 38% Pac Gas At El.. 32% 32% 32*4 327 4 Pub Serv N J... 52*2 5174 5274 5074 So Cal Edison.. 29% 2E 29% 28% Std G Ar E 1.... 2474 23% 247a 24 United Corp .... 1274 1 2 1 274 1 2 Un Gas Imp. .. 217* 20*< 21% 20% Ut Pwr At L A. 7*4 774 7% 77* West Union 227* 2174 22% 417* Corp 9% 9% 9% 9% United Fruit 30% 29% 30% 29% Foods— Am Sugar 3 * ,? Armour (A) 2% 2% Cal Pkg ••• 12% 12% Can Dry J i27 i2 12 1274 Childs Cos , 574 5 Coca Cola 100 99% Cont Baking A.. .... ... 6% Corn Prod 48 47% 48 4774 Crm Wheat 20 Cudahy Pkg 31 31 Cuban Am Sug.. ..., 3% Gen Foods 30 74 30 % 3074 2974 Grand Union Hershey 66 65 Jewel Tec, ... 3274 3174 Kroger 16% 16% 16*2 16% Nat Biscuit 42% 42% 42% 41% Natl Dairy 23% 2274 22% 23 Purity Bak 11% Pillsbury 16% 16% Safeway St 52% 52'4 52% 52** Std Brands .... 16% 16% 16% 16 Drugs— Cotv Inc 5% 5% 5% 4% Drug Inc 46% 46% 46*2 45% Lambert Cos .... 45% 44’* 45 i4 Lehn Ar Fink 18 Industrials— Am Radiator ... B** B*2 8% 8% Bush Term ... 8 8 Certainteed 2% 2% Lehigh Port ... 10 10 Otis Elev 17% 17% Ulen 2% Indus Chains— Air Red 59% 59% 59% 59% Allied Chem .... 84 82% 827* 82% Com Solv 10*4 Dupont 40% 4040 39 Union Carb 28% 28*. 2874 28** U S Ind Alco 34 32% Retail Stores— Assoc Dry Gds 9 Gimbel Bros 3% Kresge S S 13% 13% Mav D Store 177* 17 Mont Ward 13’* 12% 13 12% Penny J C 22% 22% 22** 22*4 Schulte Ret St 32% Sears Roe 24% 23% 24% 23% Woolworth 3974 39 Amu'ements— Crosley Radio 5’4 Eastman Kod .. 58% 57% 57% 58 Fox Film A 5% 5% Grigsby Gru 27* 2% Loews Inc ...... 35% 35% 35% 34% Param Fam 7*4 Radio Corp .... 10% 10% 1074 10% R K O 6 5% 6 5% Warner Bros ... 3% 3% 3* 3% Miscellaneous— Airway App 2 City fee At Fu 15% Congoleum 1074 10% Proc A: Gam 32** Allis Chal 12% 12% Am Can 58 57% 57** 56% J I Case 60% 59% 607* 58% Cont Can 33% 33% 33% 32% Curtiss Wr 2’4 Gillette SR.. 21% 20% 21% 19** .Gold Dust 18% 18 18% 18% Int Harv 31 30% 31 30% Int Bus M 100% Real Silk ...... .. ... 8% B** Un Arcft 23% 22% 22% 22% Transamerica .. 6% 6% 6% 6% In the Air Weather conditions at 9 a. m.: Northeast wind. 14 miles an hour; temperature, 71; barometric pressure, 30 05 at sea level; ceiling, overcast, lower scattered clouds, estimated 6.000 feet; visibility, 8 miles, smoky east and southeast, 5 miles; field, good.

SWINE VALUES SELL DOWN 15 TO _2SJCENTS Cattle Market Steady With All Classes Scarce; Sheep Firm. Hogs lost most of Thursday’s advance today at the city yards, prices dropping 15 to 25 cents on most classes. The bulk, 140 to 350 pounds sold for $4.15 to $4.45; early top holding at $4.45. Receipts were estimated at 6.500; holdovers were 200. All grades were scarce in the cattle market, prices ranging around steady. Receipts were 400. Vealers were steady at $6.50 down. Calf receipts numbered 300. Not much change was noticed in sheep, values holding around $6 down. Sheep receipts were, 2,000. Irregularity appeared in hog trading at Chicago, with asking about steady and buyers talking around 5 to 10 cents lower on bids before the market was established. Best lights held upward to $4.85 and above. Receipts were estimated at 16,000, including 3,000 direct; holdovers 4,000. Cattle receipts numbered 2,000; calves, 6,000; market unchanged. Sheep receipts wefe 10,000; market stationary. Hog* Aug. Bulk. Top. Receipts. 26. $4.20@ 4.80 $4.70 8.000 27. 4.10# 4.60 4.60 2,000 29. 4.00@ 4.50 4.50 4,000 30. 4.00# 4.40 4.40 6,500 31. 4.10@ 4.40 4.65 4,500 Sept. 1. 4.10® 4.40 4.35 5.500 2. 4.15@ 4.45 4.45 6,500 HOGS Receipts. 6,500; market, lower. (140-160) Good and choice...s 4.15® 4.25 —Light Lights—-(l6o-180) Good and choice... 4.35 —Light Weights—-(lßo-200) Good and choice... 4.40 (200-220) Good and choice .. 4.45 —Medium Weight—-(22o-250) Medium and g00d... 4.45 (250-290) Good and choice ... 4.35@ 4.40 —Heavy Weights—-(29o-350) Good and chice.... 4.15® 4.35 —Packing Sows (350-500) Medium and g00d... 3.00® 3.75 (100-130) Slaughter pigs 4.00 CATTLE Receipts, 400; market, steady. Good and choice $ 7.50® 9.50 Common and medium 4.25® 7.50 (1,000-1,800) Gcod and choice 7.75® 9.75 Common and medium 6.00® 7.75 —Heifers — Good and choice 6.50® 8.00 Common and medium 3.00® 6.50 —Cows Good and choice 3.25® 4.75 Common and medium 2.25@ 3.25 Low cutter and cutter cows.. I.oo® 2.25 —Bulls (Yearlings Excluded)— Good and choice beef 3.00® 3.75 Cutter, common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 300: market, steady, “Vc3icrs“ 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 4.75@ 6.25 Common and medium 3.25® 4.75 (600-1500) Good and choice 4.75® 6.25 Common and medium 3.25® 4.75 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 5.25® 6.25 Common and medium 3.00® 5.25 Ewes, medium and choice.... I.oo® 2.00 Cull and common 50® 1.00

Other Livestock Bn United Prats CHICAGO, Sept. 2.—Hogs—Receipts, 16,000, inoluding 5,000 direct; slow, mostly supply 170-220 lbs., $4.50'1/4.70; practical top, $4.70; one load, $4.80; 230-310 lbs., $4(54.55; 140-160 lbs., [email protected]; pigs, $3.50(53.75; packing sows, $3.15(53.80 light lights, 140-160 lbs., good and choice, $4.10(54.50; light weight 160-200 lbs., good and choice, $4.25@:4.70; medium weights, 200-250 lbs., good and choice, $4.30®;4.70; heavy weights, 250-350 lbs., good and choice, $3.70(5 4.40; packing sows, 275-500 lbs., medium and good, $3.10(5.3.85; slaughter pigs. 100-130 lbs., good and choice, $3.40(5 4.10. Cattle—Receipts. 2,000; calces, receipts, 600; largely steady but slow, mostly a cleanup market; killing quality being largely common to medium; most frassy and short fed steers selling at 5.50(5 7: sprinkling fed offerings. $7.25(5! 7.75 with best at $8.25; common killers down to $4 and better; cutter cows active at $1.75(52.75; slaughter cattle and vealers: steers 600-900 lbs., good and choice, $7(5 9.25; 900-1100 lbs., good and choice, $7.25(59.60; 1100-1300 lbs., good and choice, $7.50(510; 1300-1500 lbs., good and choice, $7.75(5.10; 600-1300 lbs., common and medium, [email protected]; heifers 550-850 lbs., good and choice, $5.75(58; common and medium, $3(56: cows, good and choice, [email protected]; common ana medium, $2.75(5 3.50; low cutter and cutter, $1.60(53; bulls yearlings excluded, good and choice beef, $3.40(55; cutter to medium, $2(53.40; vealers, milk fed. good and choice, $6.75(5 8: medium, $5(56.75; cull and common, $3.50® @5; Stocker and feeder cattle: steers 500-1050 lbs., good and choice, [email protected]; common and medium, $3.25® 5.50. Sheep—Receipts, 10,090; fairly active, mostly steady; good to choice native lambs, $5.50®6 to packers: several loads $6.25®6.50 to outsiders; best held higher; holding best westerns around $6; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $5.50®6.75; medium, $4.75®5.50; all weights common, $3.50® 4.75; ewes 90-150 lbs., medium to choice, $1.50®2.50: all weights cull and common, sl®2; feeding lambs, 50-75 lbs., good and choice, $4.75®,5.25. Bn United Press EAST ST. LOUIS. Sept. 2.—Hogs Receipts, 9,500: market, mostly 10® 15c lower; top, $4.45: bulk. 160-240 lbs., [email protected]: 260-290 lbs., $4.20® 4.35; 100-150 lbs.. $3.85 ® 4.25; sows. $3.25® 3.85 Cattle—Receipts. 900: calves, 700; market, not enough native steers to make a market; Texas grass steers unsold; other classes generally steady in clean-up trade; cows, $2.50(28.25; low cutters. $1(21.50; top sausage bulls, $3; vealers. $6.75. Sheep—Receipts, 1,200; market, lambs steady to strong; top, $6; bulk, $5.75®6; throwouts, $3; fat ewes, $1.50. Bn Times Special LOUISVILLE, Sept. 2.—Cattle—Receipts, 100: around steady at week’s uneven decline: bulk common and medium steers ana heifers. s3® 5.25; better finished kinds eligible to $6.50 and above; beef cows mostly $3.25 down; low cutters and culter cows. sl@ 2 25; practical top bulls, $2.75; bulk stockers and feeders, $4.50@ 5.50; calves, 225; steady; bulk better light vealers, $5®5.50; medium grades and most heavy calves, [email protected]; throwouts. $3 down. Hogs—Receipts, 500; market, 15c lower; 175-240 lbs.. $4.35; 245-295 lbs. $3.75' 300 lbs. up, $3.35; 140-170 lbs., $3.85; 135 lbs. down. $3.35; sows. $1.85®2.60, and stags. $1.65. Sheep—Receipts, 500; market steady; bulk better lambs, $5.50® 5.75; few choice to $6, and above bucks mostly $4.50; bulk medium lambs, $3.50@4; fat ewes, sl@2: stock ewes slow at mostly $5.50 per head down. Thursday's shipments: Cattle. 20; calves, 154. and sheep, 475. Bn United Press FT. WAYNE. Ind., Sept. 2.—Market, 20c ower; pigs. $3.75® 4: light lights, $4 15® 4.25; lights, $4.25®4.40; mediums. $4.15® 4.25; heavies, s4® 4.15: light roughs, s3® 3.50; roughs. *2.75® 3; stags. $1.50® 2: calves. $6.50; ewe and wethers, $5.25; bucks, $4.25. By United Press LF S YETTE Ind - SeP l - 2-—Market. 15 ®3oc lower; 225-275 lbs.. $4.20® 4.30: 275325 lbs.. *4®4.15; 180-225 lbs.. $4 20® ci,^ 1 , 5 ?; 180 lbs " s 4r 4'lo: 100-150 lbs., [email protected]: roughs, $3.50 down; top calves, $5.50; top lambs, $5. By United Press CINCINNATI. 0.. Sept. 2.—Hogs—Receipts. 4.200; including 176 direct and through: held over. *5.80: slow mostly 15c lower; better grade. 160-180 lbs., *4.35® 4.45: 180-240 lbs.. *4.60: 240-300 lbs. $4 25 ®4.45: 130-150 lbs, mostly *4: 160 lbs. up to *4.35: sows, steady to weak, largely *3 @3.25. Cattle—Receipts. 450: calves. 200' slow about steady, duality generally plainodd lots common and medium grass steers and heifers. *4® 5.75; plainer kinds downward to S3 or below: some better finished offerings. *6.50®7: grassy beef cows. *2.50 @3.25: good fed kinds upward to $4: bulk low cutters and cutters. *1.50® 2 25. Vealers about steady; good and choice handy weights, *6®6.50; good heavy weights and lower grades draggy at $5.50 down. Sheep —Receipts. 3.000: lambs, closin strong, spots. 25c hiher on better grades at *6.50 @7. mostly; some *7.25: a few mixed lots. s6® 6.25: common and medium. *3 50® 5.50; plainer kinds downward to *3 or below; fat aged ewes. *[email protected] largely. By United Press TOLEDO. Sept. 2.—Hogs—Receipts. 300; market, 5® 10c lower: top. $4 60 @4.70; mixed, *4.40® 4.60: bulk. *4.40® 4 60; pigs. *3.75: lights. *3.75: roughs. *3® 3.25. Cattle—Receipts. 250: market, steady; calves, receipts, light; market, steady. Sheep and lambs—Receipts, light; market steady.

THE INDIANAPOLIS TIMES

Dow-Jones Summary

Union Trust Cos. of Pittsburgh declared the regular quarterly dividend of SSO. payable Oct. 1, of record Sept. 30. National Casket Cos. Inc. and subsidiaries in year ended June 30, 1932, reported net profit amounting to $546,412 after depreciation, federal taxes and ete.. against $849,359 in preceding fiscal year- ' Pacific Telephone Ar Telegraph Cos. declared the regular quarterly dividend of $1.75 on common stock, payable Sept. 30, of record Sept. 20. Chicago Ar Northwestern during August handled 93,509 cars of revenue freight, against 83,164 in July and 129,121 in August 1931. South Pennsylvania Oil Company declared the regular quarterly dividend of 25 cents, payable Sept. 30, of record Sept. 15. Grigsbv Grunow Cos. deposits funds with Continental Illinois Bank Ar Trust Cos., to cover Sept. 1 interest payment of about 75,000 on its first mortgage 6 per cent sinking fund bonds. Balaban & Katz Corporation omits quarterly dividend of 37 1-3 cents on common stock due at this time; declared the regular quarterly dividend of $1.75 on preferred, payable Oct. 1, of record Sept. 17. August power output of Toledo Edison Company, was 29.171,361 kwh, against 29,393.407 in July and 36,109,825 in August, 1931. International Railways of Central America reported July balance at $71,311 before fixed charges, against $99,042 in July. 1931; seven months amounted to $1,303,231 against $1,529,206 in first seven months in 1931. Parke Davis & Cos. declared the regular quarterly dividend of 25 cents, payable Sept. 30, of record Sept. 19. Otis Elevator Company was awarded a contract for elevator equipment in United States post office building in Philadelphia on the low bid of $234,880 for installation of eighteen elevators. White Motor received an order for eighteen coaches from the Battle Creek Transportation Company. Hy-Grade Sylvania Corporation decalred the regular quarterly dividend of 50 cents on common stock, payable Oct. 1, of record Sept. 10. Grays Harbor Pulp and Paper Company in fiscal year ended April 30, 1932, reported net loss amounting to $173,367 after depreciation. Interest, etc., against a net loss of $205,165 in preceding fiscal year and with a net profit of $317,611 in year ended April 30. 1929.

Bright Spots of Business

By United Press CHICAGO—A 75.4 per cent, decrease in bank closings with new arid reopened tanks outnumbering those closing is reported bv Rand-McNally Company in their weekly banking survey. CHlCAGO—lllinois Gear and Machine Company reopened its Ganschow division plant of Gear and Forgings. Inc., and has made substantial additions to its working forces. LOS ANGELES —Transcontinental and. Western Air reported a continued upward trend in business today. “Passengers between Los Angeles and New York increased 23 per cent during August over the record-breaking previous month,” H. M. Beck, traffic manager, said. ST. LOUIS —The volume of orders received from merchants during the last ten days was the largest for any similar period this year, according to HamiltonBrown Shoe Company. August business showed an increase over August of last year the company reported. FT. WORTH, Tex.—G. W. Woodman, director of the United States employment bureau here, announced 200 workers daily would be assigned from here for the next ten days to handle the Texas cotton crop. Woodman Wednesday dispatched 1,000 workers, a majority of them to fields in Williamson county. NEW YORK —New hope and encouragement to business here and abroad has resulted from the recent rise in security and commodity prices, according to the monthly business review of the National City bank.

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds, 13c; Leghorns. 10c. Broilers. colored springers. 1% pounds up. I2c; barebacks and partly feathered. 8c; Leghorn and black. 1% pounds up, 10c. Cocks and stags. 6c: Leghorn cocks, 4c. Ducks, larg’e white full feathered and fat. 4c; small, full feathered and fat, 2c. Geese, full feathered and fat. 4c. Young and old guineas. 10c. Eggs: Approved buying grades of Institute of American Poultry Industries. No. 1,17 c; No. 2, 11c; No. 3.7 c. Eggs, country run. loss off. 14c. Butter. 22 to 23c; undergrades, 20 to 21c; butterfat. 18c. These prices for healthy stock, free from feed. No sick poultry accepted. Quoted by the Wadley Company. * Bn United Bress CHICAGO. Sept. 2.—Eggs—Market, unsettled: receipts, 8,843 cases; extra firsts, 17@18%c: firsts, 16%®17%c; current receipts, 13@15%c; dirties, 10® 13c. Butter —Market, firm; receipts, 12.336 tubs; extras. 20*ic; extra firsts. 19®20c; firsts, 17 ®l7%c; seconds. 14@16c; standards, 19*/ 4 c. Poultry—Market, steady; receipts, 2 cars; 24 trucks; fowls. 14%c; springers, 12%®) 15c: Leghorns, 10c: ducks. 10@ll%c; geese, 9® 11c: turxevs, 10©)12c; roosters, 10c; chickens, 12® 14c; Leghorn broilers, 11%® 12c. Cheese —Twins. 12%® 12*/ 4 c; young Americas, 13@13!4c. Potatoes—On track, 1321 arrivals, 60; shipments. 276; market, weak; Minnesota cobblers, 65@67%c; Nebraska cobblers, 65@70c; Wisconsin cobblers. 60®67%c; Minnesota Early Ohios, 55®60c; Idaho russets, $1.35. By United Bress NEW YORK. Sept. 2.—Potatoes—Market, steady; Long Island, 75c®51.50 barrel; New Jersey, 85® 90c per bag. Sweet potatoes—Market, dull: Jersey baskets, 60c @51.25: southern baskets, 50@75c. Flour —Market, quiet; spring patents, $4.20® 4.50. Pork —Market, steady: mess, $19.75 barrel. Lard—Market, firmer; middle west spot. $5.60®5.70 per 100 lbs. Tallow Market, firm; special to extra, 3%®3%c. Dressed poultry—Market, steady; turkeys, 10® 30c; chickens. 15® 26c; broilers. 14® 27c; fowls, 10@21c; Long Island ducks, 12%@15c. Live poultry—Market, steady; geese. 8® 13c; ducks, 8® 17c: fowls, 12® 18c; turkeys. [email protected]: roosters. ll@12c; chickens, pullets. 14® 20c. Cheese—Market, quiet; state whole milk, fancy to special. unquoted; young Americas, 13*® 17%c. Butter—Receipts. 10.598 packages: market, firmer: creamery, higher than extras, 21*<@21*<c; extra 92 score. 20%c; firsts, 91 score, 20®20Uc; firsts. 88 to 89 score. 18®18%c; seconds, 17®17%c. Eggs —Receipts, 1J.635 cases: market firmer: special hennery packs, including unusual hennery selections, 21@24c- standards, 19 20c; rehandled receipts, 18@18%c. By United Bress CLEVELAND. Sept. 2.—Butter—Market, steady: extras, 20**c: standards. 19%c. Eggs—Market, steady; extras, 20c: extra firsts. 18c; current receipts. 16c. Poultry —Market, steady: colored fowls. 15®16c; Leghorn fowls. 10® 12c; heavy rump broilers. 16® 17c: Leghorn broilers. 13c: colored broilers. 15@16c: Rock broilers. 13®14c: ducks. 10® 12c: old cocks. 10® 11c: young geese. 10® 12c. Potatoes—Ohio. 100-lb. sack United States No. 1. cobblers partlv graded. 90c® $1.10: New York and Ohio bushel sacks partlv graded. 50® 55c.

Cash Grain

—Sept. 1— 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—Easy: No. 1 red, 45@46c; No. 2 red, 44@45c; No. 2 hard, 44%®:45%c. Corn —Firm: No. 2 white, 2425 c: No. 3 white. 23®24c; No. 2 yellow. 23%@24%c: No. 3 yellow. 22%®23%c: No. 2 mixed, 22%@23%c: No. 3 mixed. 21%®22%c. Oats—Steadv: No. 2 white. 14%@15%c; No. 3 white, 13%@14%c. —lnspections Wheat—No. 1 red, 4 car: No. 2 red. 8 car; No. 3 red. 1 car; No. 1 hard. 1 car; No. 2 hard, 1 car. Total. 15 cars. Corn—No. 2 white. 2 car; No. 4 white, 1 car; No. 2 vellow, 22 cars; No. 3 yellow, 2 cars. Total. 27 cars. Oats—No. 2 white. 11 cars; No. 3 white. 17 cars; No. 3 mixed, 1 car. Total, 29 cars. Rye—No. 2. 1 car. Total, 1 car.

Local Wagon Wheat

Oity grain elevators are paving 44c for No. 2 soft wheat. Other grades on their merit. NEW YORK COFFEE RANGE —Sept. 1— High. Low. Close. March 6.10 September 7.24 7.05 7.24 December 6.28 6.09 6.26

STEEL COMMON LEADS STOCKS IN BULL MOVE Rail Shares Continue in Active Demand at Higher Prices.

Average Stock Prices.

Average of thirty industrials for Thursday, high 74.55, low 91.92. last 73.67. up .51. Average of twenty rails 37.78. 35.81, 37.52. up .99. Average of twenty utilities 33.91. 32 80. 33.59. up .49. Average of forty bonds 81.74. up .21. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Sept. 2.—United States Steel common led the stock market into higher ground at the opening today, rising to 48%, up 1% points. Railroad shares continued in active demand at higher prices. Gains throughout the list ranged to around 2 points with trading active. Cotton futures spurted $1.50 above the previous close. New York Central opened 5,000 shares at 30, up %, and firmed up from that level in the early trading. Atchison was at 58%, up 1; Chesapeake & Ohio 27%, up %; Baltimore & Ohio 17%, up %, and Union Pacific 81%, up General Motors opened 4,000 shares at 16%, up %, later moving up fractionally. Other motors were in demand with Auburn at 64%, up 1%, and Chrysler 15%, up %. American Telephone opened at 115%, up %, later reaching 116%. Gains of a point or more were noted in Case, Consolidated Gas, Du Pont and Bethlehem Steel. Bonds were steady to firm in the early trading with railroad issues adding to their gains of the preceding session.

Bank Clearings

INDIANAPOLIS STATEMENT Sept. 2 Clearings ?. $2,054,000.00 Debits 4,527,000.00

Foreign Exchange

(Bv Abbott, Hoppin & Cos.) —Sept. 2 Sterling. England 3.46^° Franc. France 0392 1-16 Lira. Italy 0512% Franc. Belgium 1386 Mark. Germany 2379 Guilder. Holland 4026 Peseta. Spain 0805 Krone. Norway 1738 Krone. Denmark 1790 Yen. Japan 2267

Investment Trust Shares

(By Abbott, Hoppin & Cos.) Prices Are TO 12 NOON C. S. T. . —Sept. 1— Bid. Ask Am Founders Corp com 2.25 275 Amer and Gen Sec (A)... 5.00 10 00 Am Inv Tr Shares 2.25 2.50 Basic Industry Shares 2.25 250 Collateral Trustee Shar (A) 3.25 3.50 Cumulative Trust Shares 3.17 3.27 Diversified Trrstee Shar A 8.00 8.50 Fixed Trust Cil Shares 7.25 B.oo* Fixed Trust Shares (A) 5.75 675 Fundamental Trust Shares A 3.50 3.75 Fundamental Trust Shar (B) 3.50 3.75 Leaders of Industry (A).,.. 3.12 337 Low Priced Shares 3.75 390 Mass Inv Trust Shares 15.75 17.00 Nation Wide Securities 3.00 3.10 North American Tr Shares 2.08 Selected Cumulative Shares .. 2.20 2.30 Selected Income Shares 3.25 3.62 Shawmut Bank Inv Trust... 1.25 Std Amer Trust Shares 3.20 3.20 Super Corp of Am Tr Shares 3.00 3.10 Trustee Std Oil (A) 3.90 400 Trustee Std Oil (B) 3.75 425 U S EJec Light & Pow A 17.75 18.25 Universal Trust Shares... 2.39 2.47 Corporate Trust new 2.05 2.20

The City in Brief

SATURDAY EVENTS Alliance Francaise, luncheon, Washington. Socialist Party, meeting, 7:30, Columbia Securities building. Coleman Park, dedication, night. Reception for teachers Sept. 21 will inaugurate the school year for Southport high school, it was announced today following meeting of the Perry Township Parent-Teacher Association Wednesday night. Annual dinner of the Demagorian Alumni society of Technical high school will be held at 6 tonight in the Food Craft shop in the Century building. The organization is made up of former members of Tech public speaking teams. Leaning out of his pushmobile, which was traveling rapidly, Francis Haggard. 8, of 237 East Merrill street, struck his head against the side of a building near New Jersey and Merrill streets Thursday night, incurring an injury which necessitated hospital treatment. Severe injury was incurred Thursday night by Frank Jamison, 37, R. R. 10. Box 269. when a timber which fell from a passing trailer in the 6800 block East Washington street struck him on the head. He was sent to city hospital by police. Plans to organize property owners as associate members of the Indianapolis Real Estate Board to fight any attempted repeal of the $1.50 tax limitation law' were announced by Lawrence G. Holmes, executive today. Mass meeting of property owners will be held Sept. 15. Concert by the all-state national championship band of the Indianapolis Lions Club will be broadcast at 1:30 Sunday afternoon over WFBM under direction of I. G. Eberley, it was announced today. Meeting of the National United Veterans. Inc., will be held tonight at Buschmann’s hall, Eleventh street and College avenue, at 8. Dr. John G. Benson, Methodist hospital superintendent, will speak on “The True Purpose and Scope of the Christian Hospital,” at the annual convention of the American Protestant Hospital Association, to be held in Detroit, Sept. 9 to 12. Storm Unroofs Athletic Park Bn United Press MT. VERNON, Ind., Sept. 2. Heavy winds last night unroofed the amphitheater of Mt. Vernon high school athletic park. The roof was carried, intact, thirty yards. RAW SIN3AR PRICES —Sept. 1— • High. Low. Close. January l.io 1 09 1 09 March 1 10 1.09 1.09 May 1.13 July 1.18 1.17 1.18 September 1.18 1.17 1.18 December 1.14 1.13 1.13

Radio Dial Twisters

- p. m.— | NBC—Concert to WEAF. WGN (720)—Ensemble. NBC—Joy's orchestra to WJZ WLW (700) —Blue Momenta; Chandu. WMAQ (670)—Mr. Twister. WSM (650)—Dot and Rosemary; news. CBS— Singin' Bam WMAQ (670)—Jingle Joe. —6:30 P. M.— CBS—Kostelanetz's orchestra and male chorus. choral music to WJR (750’—Chandu. WLW (7001—Band.* WMAQ (670)—Legal clinic. —6:45 P. M.— WSM (650) —Dinner concert. WJR (750)—Gov. Brucker. —6:55 P, M.— WTMJ (620)—Sports. —7 P. M.— KYW Go2o)—Master’s orchestra. UBS —Kodak week-end hour. WBBM 1770)—Concert. NBC*-Eskimo Night Club to NBC—First Nighter to WJZ. WLW (700)—Tony Cabooch; Puddles Family'. WSM 1650) —WSM Players. —7:30 P. M KYW (1020)—Agnew's orchestra. ÜBS—Beiasco orchestra; Tito ( Guizar. WBBM (770)—Gus Arnheim’s orchestra NBC—Reisman’s orchestra to WEAF. NBC—Shield's orchestra, soloists to WJZ. WLW (700) —Serenades; orchestra. —7:45 P. M.— CBS —Jay C. Flippen; Eton Boys and orchestra. WBBM (770)—MahraJ. WGN (720)—Ted Weem's orchestra: WLW (700)—Puddles Family. —8 P. M KYW (1920)—Maupin’s orchestra. CBS—Arthur Tracy and Shilkret’s orchestra. WBBM (770)—Belle Forbes Cutter. NBC—Paul Whiteman and orchestra to WEAF.

Fishing the Air

The “Two Black Crows,” Moran and Mack, will be impersonated by Ward Wilson during the Royal Vagabonds program Friday at 5:15 v. m., WENR and an NBC network. “Masquerade,” one of the outstanding tunes of current vintage, will be offered by Singin’ Sam during his program over WFBM and the Columbia network from 6:15 to 6:30 p. m., Friday. Helen Board, soprano, singing “Why Do I Love You?” from “Show Boat,” and Evan Evans, with the baritone offering, “Without a Song,” will be the soloists in Andre Kostelanetz’ presentation over WFBM and the Columbia network from 6:30 to 7 p. m., Friday.

HIGH SPOTS OF FRIDAY NIGHT’S PROGRAM 6:OO—NBC (WEAF)—Concert. 6:3O—NBC (WJZ)—Candle Lightin’ Time. Negro choral music. 7:OO—NBC (WJZ)—First nighter “The Fugitive.” Columbia—Week-end hour. Shilkret’s orchestra, male quartet. 7:3O—NBC (WJZ)—Shield’s orchestra, male auartet. Columbia—Belasco’s orchestra. Tito Guizar. tenor. B.OO—NBC (WEAF)—PauI Whiteman’s orchestra. Aileen Stanley. Columbia—The Street Singer and Shilkret’s orchestra. 8:30 —Columbia—Guy Lombardo and Canadians. NBC (WEAF)—Mvsterv drama, “Phantom of Crestwood.”

Tito Guizar, Mexican tenor, will be heard singing the famous aria, “La Donna e Mobile” from Verdi’s opera, “Rigoletto,” during the broadcast of “To the Ladies” over WFBM and the Columbia network, Friday from 7:30 to 7:45 p. m. Arthur Tracy, the Street Singer of the Air, will sing of romantic nights and life beneath the roofs of Paris while Nat Shilkret conducts interludes of rhythmic salon arrangements for the broadacst of “Music That Satisfies” Friday, at 8 p. m. over WFBM and the Columbia network. Fray and Braggiotti will feature another two-piano novelty when they play their impression of an old piano record during their broadcast over WFBM and the Columbia chain from 8:15 to 8:30 p. m. Friday. Second of the Juvenile hour hour broadcasts to be presented over WFBM will be heard at 10 a. m. Saturday. Children between the ages of 2 and 12 are eligible for these broadcasts and prizes will be awarded the most popular entertainers. The Wm. H. Block Cos. is sponsoring the programs. The second installment of the mystery thriller. “The Phantom of Crestwood,” will be presented Fridav. over WENR and an NBC network at 8:30 p. m. Howard Barlow, conducting the Columbia symphony orchestra, will feature Liszt’s powerful symphonic poem, ‘‘Les Preludes.” during the broadcast over WFBM and the Columbia network, Friday. from 9 to 9:30 p. m. “Everyone Knows It But You.” “Some Day We'll Meet Again.” and “From A. M. to P. M.’ will be the tenor solos of Lanny Ross during the program Fridav at 9:15 p. m.. over WENR and an NBC network. Chicago Stocks Opening (By Abbott Hoppin & Cos.) —Sept. 2 Asso Tel Util.. 3 ]Houd Hersh 8.. 3* Bendix Avia .. 12 s h|Lib McNeil Prod 2% Borg Warner .. 10*!Mid West */„ Cities Service... S's Swift Inti 22* Cont Chi com.. 2 3 /siU S Rad & Tel. 14 Gt Lks Arcft .. I%| Zenith Radio .. 1% STRIKES A SOUR NOTE Convict Uses Lemon Juice to Write to Sweetie; Loses Privilege. COLUMBUS, 0., Sept. 2.—A prisoner thought he would pull one over on prison authorities, so he penned his sweetie a sweet-sour love note. The letter was written in lemon juice, which when exposed to heat, becomes visible. All would have been well if someone hadn’t handled the envelope and noticed writing appearing on it after contact with the heat of the hand. The note was opened. It read: “Dear Darling—l’m so glad we’ve found a way to keep up a correspondence that nobody else can read.” The convict forfeited his writing privileges indefinitely. IGNORES SPEED LAWS Didn’t Have Ordinances Where Musician Hailed From. KANSAS CITY, Mo„ Sept. 2. Red Nichols, leader of the “Eleven Pennies” dance orchestra, is not accustomed to having any restraint on his tempo. Arrested here for speeding, he pleaded that “where I come from we don’t have any speed laws.” He said he comes lr<sm Michigan. JUST A SNEEZE PLAY First One Misplaces Vertebrae; Second Resets ’Em. By United Press WICHITA. Kan,. Sept. 2. Mrs. Christine Long sneezed heartily—so heartily she misplaced two vertebrae at the base of her neck. It left the muscles of her shoulder and back paralyzed. Several days later she sneezed again and the vertebrae snapped back into place. Her second sneeze soon brought her complete recovery.

FRIDAY | —8 P. M—:NBC —Country Doctor to I WJZ. WLW (700)—Great Composers. WSM (6501—Tuneful Tales. —8:15 P. M CBS—Piano Team. WON (720) Tomorrow’s Tribune. Headlines. NBC—Concert orchestra to WJZ. —B:3 P. M.— SYW (1020)—Agnew’s or- ! chestra; quartet. CBS—Lombardo's orchestra. ,VGN (720)—Big Leaguers and Bushers. NBC—Phantom of Crestwood to WEAK NBC—Three Keys to WJZ. WLW (700)—Band; Mike and Herman. WMAQ (670)—Musical features. —B:ts P. M.— WBBM (770)—Romance of the Thorobreds. CBS—Mvrt and Marge to WFBM WGN (720)—An Old Theater Box. NBC—Jane Froman and band to WJZ. WOC (1000) Marching Thru lowa. WSM (650i—Piano Twins. WTMJ (620)—Studio. —9 P. M.— KDKA (980)—Sports: news; Pettis’ orchestra. KYW 11020)—Sports: news; Maupin s orchestra. CBS—Barlow and Columbia Symphony. NBC—Dave Dalton and orchestra to WEAF. WGN (720) —Weem’s orchestra. WGY (790) —Kenmore orchestra. NBC—Amos ’n’ Andy to KWK. WLW (700)—Highlights of Civilization. WRVA (1110) —Joe and Sam. —9:15 P. M.— WGN (720) Dream Ship; Cummin’s orchestra. NBC—Sodero and concert orchestra to WJZ. WMAQ (670)—Dan and Sylvia. NBC —Tune Blenders to WTAM. —9;30 P. M.— KYW (1020)—Master’s orchestra.

WFBM (1200) Indianapolis Indianapolis Power and Light Company P M FRIDAY s:3o—Transcription. s:4s—Connie Boswell (CBS). 6:oo—Edwin C. Hill (CBS). 6:ls—Singin’ Sam (CBS). 6:3o—Kostelanetz Presents (CBS). * —Democratic county committee. ® ’S'-Al Feeney sports talk. 7:oo —Kodak hour (CBS i. 7:30—T0 the Ladies (CBS). 7:4s—Four Eton Bovs (CBS). That Satisfies (CBS'. 5 Fray and Braggiotti (CBS). 8 JO— and Royal Canadians B:4s—Myrt and Marge (CBS'. —Columbia Symphony (CBS). 9:3o—Charles Carliie (CBS). ,M5~£ re ? die Martin orchestra (CBS). : 22 —2? zie Ne lson orchestra (CBS). 10:30—The Columnist. —p.uke Ellington orchestra (CBS). 11:00—Sign off. WKBF (1400) Indianapolis (Indianapolis Broadcasting, Inc.) FRIDAY— P. M. 4:3o—Tea Time Tunes. 4:4s—News flashes. s:oo—Harry Bason. s:ls—Vaughn Cornish. 5:30 —Aunt Lou and Uncle Connie. s:4s—Dinner Melodies. 6:oo—Cecil and Sally. 6:ls—Dinner Dances. 6:2o—Baseball scores. 6:2s—Democratic County Committee. 6:3o—Announced. 6:4s—Buddies orchestra. 7:oo—Louise Spillman. 7:15 —Sport’s Spotlight. 7:3o—Harry Bason. 7:4s—Golden Melodies. B:oo—Myron Green. B:ls—Devore Sisters. B:3o—The Home Defender. B:4s—lndiana Trio. 9:oo—Two Boys and a Guitar. 9:ls—Walton League. . 9:3o—Among the Classics. 9:4s—Otis Mitchell. 10:00—The Merrymen. 10:30—Sign off.

In the Cotton Markets

CHICAGO —Sept. High. Low. Close. January 8.78 8.55 8.59 March 8.94 8.70 8.74 May 9.06 8.80 8.85 July 9.15 3.90 8.90 October 8.56 8.30 8.32 December 8.72 8.50 8.52 NEW YORK January 8.69 8.44 8.47 March 8.85 8.60 8.60 May 8 95 8.71 8.71 July 9.03 8.77 8.80 October 8.45 8.20 8.24 December 8.62 8.37 8.39 NEW ORLEANS January 8.63 8.45 8.49 March 8.83 8 60 8.64 May 8.94 8.70 8.74 July 9.03 8.80 8.83 October 8.44 8.19 8.25 December 8.63 8.38 8.42 Other Livestock By United Press PITTSBURGH. Sept. 2.—Hogs—Receipts. 1,800; market, slow, mostly steady; 180220 lbs., $4.90® 5; 150-180 lbs., $4.50® 4.85; 220-270 lbs., $4.65® 4.90: pigs, *4® 4.25; packing sows, s3® 3.25. Cattle—Receipts, 30; market, unchanged; medium grade steers and yearlings quoted $5.25® 6.25; good pasture fed $7®7.50; grass heifers around $5 downward; common to medium cows, $2.25® 3.25; calves, receipts, 100: market, steady to week; better grade vealers, $6.50®7.50; medium grade down to $5. Sheep—Receipts, 2,000; market, about steady: good and choice. 68-72 lb. lambs. [email protected]; buck lambs, $5.50 downward; common to medium grade, $2.50® 4; desirable wethers, [email protected]. By United Press BUFFALO. Sept. 2.—Hogs—On sale, 3,000; weights above 170 lbs., active; mostly to packers: steady to 10c higher; weights around 225 lbs. showing advance: good to choice 170-225 lbs., $5; 230-260 Ids., *4.70®4.85; 140-160 lbs , slow. $4.25® 4.50; pigs downward to $4. Cattle —Receipts. 125; holdovers, 300: virtually nothing done on steers and yearlings; demand extremely narrow; cutter cows unchanged, $1.75(5.2.75; calves, receipts, 600; vealers slow, steady; good to choice, *7.50® 8; common and medium, *5®6.50. SheepReceipts, 2,200: lamb market not fully established; bidding and scattered sales around 25c lower; better lots held at *6 25; most $6®6.10; common and medium sold $4.50® 5; bucks. *5.25. By United Press CLEVELAND, Sept. 2.—Holdover, none: steady to 5c lower; 160-220 lbs., around *4.75; 240-290 lbs.. $4.50® 4.60: 155 lbs. down, *4®4.50: bulk under $4.25. Cattle —Receipts. 225: practically at standstill, demand narrow; short loads common lightweight steers and heifers, $4.75: bulk of all others without bids: calves, receipts, 250; slow, steady to easier; good to choice vealers. *7®.7.50: sparingly to $8; common to medium, ss® 6.50; culls downward to $4. Sheep—Receipts. 700: steady considering improved conditions; fat lambs s6® 6.25: most throwouts, *4®„4.50; buck lambs $5 downward. Births Girls Elbert and Mary Anderson, 1226 South Talbot. William and Helen Jackson, 1141 Kentucky. Everett and Mildred Anderson, 2230 North Sherman drive. Fayne and Veronica Staton, Methodist hospital. Thomas and Muriel Noblitt, Methodist hospital. Glenn and Alice Beall, Methodist hospital. Delmer and Sylvia Cunningham, 513 East North. Gomer and Mildred Ward, 1628 East Twelfth. Fay and Evelyn Mootz, 2613 West Tenth. Boys Andrew and Harriett Cook, Methodist hospital. George and Mildred Sears, Methodist hospital. Harold and Faith Schuman, Methodist hospital. John and Lena Ellabv. 1625 Ashland Haskell and Mary Thompson, 942 North Belmont. Charles and Mildred Millikan, 1039 Congress. Deaths Mary Louise Keeler. 84. 2112 North Delaware, chronic nephritis. John W. Duncan, 74, Long hdspital, arteriosclerosis. Norman Burton, 29, 28 North Belmont, scarlet fever. Sibyl M. Halbrook. 70. 47 North Irvington. arteriosclerosis. Edrene May Duke. 69. 116 West Ravmond. cerebral hemorrhage Walter Crawford, 38, 925 Hosbrook. coronary occlusion. Joseph Scheck. 75, Sines sanitarium, cerebral hemorrhage Amanda Cornutt, 76, 3701 East Thirtyfourth. chronic myocarditis. Anna Nelson, 64, St. Vincent’s hospital, septicaemia. Norine K. Van Deusen, 59, city hospital, accidental. Clarence S. Wikhoff, 43. city hoapital, accidental. Carey L. Smith, 65, 3007 College, cerebral hemorrhage.

—:sn P. M.— 2BS—Charles Carliie. tenor. WGN )7201—Cummin’s orchestra. WLW (700) Sistera Three. WMAQ i67o>—Dance program (2% hours). WSM (650)—Sports: concert orchestra. WTMJ 1620> German band. —9:45 P. M.— WLW (700)—Headlines of Yesterday. —JO P. M SYW (1020)—Canton orchestra. KTHS (lo40)—Old Time Show. ÜBS—Nelson's orchestra. iVDAF (610>— Dance program. WON (720)—Kemp’s orchestra. WJR (750)—Scores; Radio Reporter. NBC—Rhythm band to WJZ. WOW (590) —News: Athletic Club. ~ WRVA (1110)—Sports; Richmond orchestra WSM (650i—Dance orchestra. WTMJ (620)—Dance program 12 hours i. —10:05 P. M.— NBC—Scotti's orchestra to WEAF. —10:15 P. M.— WJR (750)—Songs. —10:30 P. M.— KYW (1020)—Agnews orchestra CBS —Dance orchestra. WBBM (770) —Around the Town. NBC—Black’s orchestra to WEAF. WGN (720)—Dance program (3 orchestras). WJR (750) —Biagini’s orchestra. NBC—Master's orchestra to WENR. WLW —10:45 P. M—WOW (590)—News; Spor's Little Club. —ll P. M.— KYW (1020i—Canton orchestra; Master’s orchestra. NBC—Agnews orchestra to WENR WLW (700)—Moon River; Castle Farm orchestra. —11:30 P. M.— NBC—Fiorito's orchestra to WENR.

_SEPT. 2, 1932

JUDGE WARNS . OF LONG TERMS FACINGBANDITS Baker Sentences Negro to' 20 Years for Slugging Gas Station Attendant. Notice was served again today on* bandits that long prison terms are’ just around the corner. Convicting George Harrington. Negro, of a charge of robbery in connection with the holdup and slugging of a filling station attendant, Criminal Judge Frank P. Baker imposed a flat 20-year sentence in the Indiana State prison, and warned all bandits that “short •raps,' then resume their lawless sentences” no longer will be given. “I want to keep these bandits from feeling that they'll serve short careers when released from prison," Baker declared. Harrington on June 14 slufged Barr Polk, 3039 Boulevard place, attendant at a filling station at Sixteenth street and Central avenue, on the head with butt of a revolver, injuring him severely.

New York Curb Market

(By Thomson & McKinnon) Sept. 2 11:00 11 00 Alum Cos of Am 74 Gulf Oil 39 % Am Cynamid .. 8% Hudson Bav ... 4% Am Gas & Elec 39% Imp Oil of Can. (,% Am Lt <k Trac. 22% Midwest Util.... *, Am Super Pwr B't Mt Prod 4% Ark Gas (A)... 2** Nat Invest .... 3% Asso Gas <fc El 12 Newmont Min .. 25** Braz Pwr & Lt. 10 N;a Hud Pwr... 18% Can Marconi .. 2 Penroad 4% Cent Sts Elec.. 4 St Regis Paper. S’* Cities Service.. 5% Sel Indus ..... 2% Cord 4%;std of Ind 23% Elec Bd & Sh. 43%;stutz ... 20 El Pwr Asso... BV< lUnited G >newi 4% Gen Aviation.. 3%:Un Lt & P (At 7% Ford of Can ... 9%!Ut Pwr 3% Ford of France 5 Van Camo . \. Goldman Sachs 4'* Un Fnders ... 3

New York Bank Stocks

(By Thomson & McKinnon) —Sept. 1— J _ , Bid. Ask. Banker* • 68* 70* Brooklyn Trust 179 194 Central Hanover 147 154 Chase National 40* 42'. Chemical 39* 491, Citv National 53' 2 55* Corn Exchange 71* 741, Commercial 174 179 Continental 19* 21 1 h Empire 28 30 First National 1,730 1 830 Guaranty 324 329 Irving 25* 26* Manhatten & Cos 33* 351. Manuacturers 32 34 New York Trust 97* 100'i Public 32* 3A* Title 50 53 New York Liberty Bonds —Sept. 1— Liberty 3*s fdopo Liberty Ist 4*s 101 23 Liberty 4th 4*s 103 2 Treasury 4' 4 s 107 15 Treasury 3s 96 16 Treasury 4s 104 Treasury 3*s ; 102 Treasury 3*s 97.29 Treasury 3*s of ’47 100.12 Treasury 3*s ’43 March 100 14 Treasury 3*s ’43 June 100.16

Chicago Fruit

By United Press CHICAGO, Sept. 2. —Apples—lllinois wealthies. bushel. 75® 90c; maiden blush, bushel, 65® 75c; Jonathan, bushel, Sl<a 1.25; Michigan Alexanders, bushel, 75®85c; Indiana wealthies, bushel, 85c. Cantaloupes —Western flats, 35®75c; Michigan crates. 50c@$l, Mellons—Western honey dews. $1 ®1.50 Peaches—Michigan Albertas. 75® 85c; Hales, bushel, sl.lo® 1.50. LEGALS Legal Notices NOTICE TO TAXPAYERS You are hereby notified that the Board of School Commissioners of the City of Indianapolis, at a special meeting of the Board held Thursday, August 25. 1932. adopted a resolution concerning appropriations. The resolution reads as follows: Be It Resolved, That the following appropriations be and are made for the operation of the affairs of the School City of Indianapolis, Indiana, beginning September 1. 1932, and continuing until the regular budget of the School City of Indianapolis for the fiscal year July 1. 1932June 30. 1932, shall be finally adopted by the Board, viz: Administration— . Superintendent’s office $ 3 640 Otf Social service department ... 1.595,06 Secretary’s office 1,425.00 Finance and legal office 455.00 Buildings and grounds department 3.800.00 Business director's office 1,480 00 Supply department 997 00 Board and general office 425.00 Operation of buildings 960.00 Maintenance of buildings 400.00 Fixed charges 200.00 Grand total, administration $ 15,377.00 InstructionSupervision $ 11,660 00 Elementary schools 259.300.00 Shortridge high school 31,435.00 Emmerich Manual Training high school 23 720.00 Arsenal Technical schools . .. 62,865.00 Broad Ripple high school ... 3.860.00 Crispus Attucks high school. . 12,450.00 George Washington high schol 13,450.00 Transfer tuition 5.000 00 Grand total, instruction $423,740 00 Operation— Elementary schools $ 31 115 0(1 Shortridge high school 2 050 nj Emmerich Manual Training high school 1,390 00 Arsenal Technical 5ch0015..... 5,185 00 Broad Ripple high school 1,165.00 Crispus Attucks high school.. 1,485.00 George Washington high school 1 490 .00 general 1,600.00 Night schools Grand total, operation $ 45.480 00 Maintenance— Elementary schools * 1 100 00 Shortridge high school .. 1 200 00 Emmerich Manual Training high school 2,700 00 Arsenal Technical schools... 5 000 00 Broad Ripple high school 625.00 Crispus Attucks high school.. 1,000 00 George Washington high school 600.00 Grand total, maintenance ..* 12 225 00 Auxiliary Agencies— Social service department ... 1 870 00 Libraries 34.415 00 Book department ’ Grand total, auxil ia r v " Fixed Charges —- * 36 285 * *** Charges * 33 550 ° Administrative offices $ 1 000 00 Elementary schools 250.00 Grand total, capital outlay.* 1.250.00 Arwi <^ a , nd t^ tal *567,907 00 u . K ordered that the Business Dinotice to taxpayers of the aphereby maae. Further Resolved, That all exsHf‘fix ish’ 4 lr respective proper item* in suen new budget. BO *HD OF school commissioners of THE city of Indianapolis. Tr,rfi ßv Business Director. f-ft-Pi** lß !** l !*. Indiana, August 25. 1932. Legal Bids, Proposal NOTICE of BIDS ON SUPPLIES FOR THE USE OF THE PUBLIC INSTITUTIONS OF THE STATE OF INDIANA. Notice is hereby given that the Joint Purchasing Committee for the benevolent and correctional institutions of the Stat of Indiana, will receive at the office of its secretary. Room 326 State House until 10 o clock A. M. September 12. 1932 sealed bids on Groceries and Laundry Supplies now on file in the office of the secretary of the committee. The Joint Purchasing Committee reserves the Fight to reject anv and all bids submitted and to waive technical defects. . JOINT PURCHASING COMMMITTEE OF 1 INDIANA. H. W. REIMAN*. • . AltNO UN CEMENTS J 1 Death Notices ACKLEN, MARGARET—Wife of Samuel J. Acklen, mother of Gerald J. Acklen of Portland Ore., and Mrs. Cecil Dunn. Indianapolis. passed away at her horn*, west of Brownsburg. Wednesday morning. Friends may call 1830 W. Morris St., after 7 p. m. Wednesday. Services Saturday. 3 p m. at the residence. Friend* invited. Burial Crown Hill. BOYLE. ELYDIA C.—Widow of Charles E. Bov l *- unt of Mrs. Arthur Kennedy, departed this life Thursday, Sept. 1. at the residence of her niece in Clermont, Ind.. age 74 years. Funeral Sunday, Sept 4, at the residence 10 a. m. Burial Clermont Ind. Friends invited Funeral un der direction ol MOORE it kirk. S