Indianapolis Times, Volume 44, Number 107, Indianapolis, Marion County, 13 September 1932 — Page 13

SEPT. 13, 1932

LIQUIDATION IN GRAIN FUTURES LOWERS PRICES Weakness in Securities and Cables Factors in Downswing. BY HAROLD E. RAINYILLE United Pre Staff Correspondent CHICAGO, Sept. 13—Extreme weakness at Liverpool and a sharp break In stocks and cotton sent wheat prices spinning sharply lower as the Board of Trade opened today. Wheat broke around 1 cent under heavy pressure with buying support driver to cover. September and December corn set new lows for the season, while December and May oats equaled t heir lows. Rye dropped unevenly with wheat. Liverpool was under pressure from Canadian offerings and a slow demand. At the opening wheat was % to 1% cents lower; corn was % to % cent lower; oats % to \ cent lower, and rye % to % cent lower. Provisions were steady. Liverpool Sells Off Wheat prices closed Monday at the lowest levels since Aug. 24 with buyers of last week unloading on the disappointing action of other markets. I.arge supplies in North America and the heavy hedging pressure from the marketing of the new Canadian crop are the underlying bearish factors. Unless a sudden substantial increase :n the export demand is noted, sagging markets are expected bv most traders. Liverpool was ofT sharply today, showing 1% to 1 \ cents lower at mid-afternoon, cutting the premium over Chicago to fit, cents, as compared with 7% cents at the close Monday. Corn at New Low Liquidation of corn on the weakness in wheat and cotton sent September to anew low level Monday. The prospects are for a large crop, which will be out of danger from frost within a week, Illinois already being reported safe. September oats struck anew low Monday, although rallying slightly at the close. Receipts are running light because the farmers are not getting sufficient in return to pay the cost of hauling to the elevators. Rye is without direction of its own.

Chicago Grain

- Sept. 12— Primary receipts Wheat 2.152,000 Corn 904,000 Oats 608,000 Futures Range - Sept. 10 - WHEAT— Prev. High. Low 10 00 close. December 55'', 50 .50’* ,54 s . Mb v .*•% .58 .58''4 .59’, CORN - December 00 .29*n .29 7 i . 30 1 May 04’, .04's ,34 3 * .35'* OATS - December 17’, . 17' a . 17 1 a .I" 3 , Mav 20'.- ,20* 20’, .20 * RYE December ... .00'. ,33V, .33'i .33'a Mav 37’* .37’, ..OT’. .38’ a LARD— October 4 87 4.85 January . . 4 65 4.65 Mav 4.82 By I itites special CHICAGO. Sept. 13. Carlots: Wheat, 30; rorn, 444. oats, 47; rye, 0, and barIpv. 21. By L ailed Press CHICAGO. Sppl. 12.—Cash grain close; Whrat No. 3 rod. part car. 52' a e; No 1 hard, 54c; No. 2 hard. 54'2c; No. 1 northern weevilv. 50c; No. 2 mixed. 53’.r; No. 3 mixed. 52'ic: No. 5 mixed. 47c. Corn— No 2 mixed. 29’i (ft 31c: No. 3 mixed, 29'? rd.OO'jc; No. 6 mixed. 27'ac: No. 1 yellow. 30 l 'a 31’sc: No. 2 yellow, 30'* ® 31 l ic ; No. o yellow 29 , 4i30 a c: No 4 yellow. 29’i® 29’ac; No 5 and 6 yellow, 29c; No 3 white. 30®31'*c: sample grade. 20c. Oats - No, 2 white. 17<$17'c: No. 3 white. 16 CT 17c; No. 4 white. 16' 2 c. Rve—No sales. Bariev— 36® 36c Timothy Clover —$5.40<N0. B’l railed Press TOLEDO. Rent. 12.—Toledo grain close: Giain in elevators, transit billing. Wheat No. 2 red. 55®'57c, Corn—No. 2 yellow. 33® 34c. Oats No 2 white. 2043 21c. Rve No. 2. 'lf,/42c Track prices, 28'2C rate; Wheat No. 2 red. 49’a®50'3c: No. 1 red. lc premium. 50'.>®51e. Corn—No 2 yellow. 29',i 29 1 ?c; Mo. 0 yellow. 38<®28 l ac. Oats No. 2 white. 174M8’-jc: No. 3 white, 16® 17'?c Bariev—No. 2, 33® 34c. Butter—2sc. Ecgs 19ff/19'?c. Hay—Bo cents per cwt.

Local Wagon Wheat

Oitv grain elevators are paying 43c for No 2 soft wheat. Other grades on their merit. PEREZ KNOCKED OUT By 'limes Special NEWCASTLE, England. Sept. 13. Young Perez of France, world's flyweight champion, was knocked out in the second round here Monday night by Mickey McGuire, local youngster. It was a nontitle scrap, scheduled for fifteen rounds, and Perez was a heavy pre-fight favorite. WOOD TO SEEK MARK ftv Times Speeial PORT HURON. Mich.. Sept. 13Gar Wood. Detroit speedboat pilot and Harmsworth tropty. winner, will attempt to break the worlds straightaway motor boat record here next Saturday. The present mark of 119.81 miles an hour was set this summer in Scotland by Kaye Don of England. PARK DRILLS OPEN Fifteen candidates, including five letter men. answered Coach Lou Reiche.l's first football call at Park school Monday. Twenty more candidates, including four more letter men, were expected to join the squad today. GRID TILT CANCELLED Russell Julius, head of the Shortridge athletic department, has announced the scheduled grid encounter with Stivers of Dayton Sept. 24, has been cancelled because the Dayton schools will not open until Sept. 26. WOMEN GOLFERS PLAY Eighteen holes of medal play were carded in today's invitational women's golf tournament at Avalon, with prizes for low gross and lownet shooters. Approximately 100 women from all parts of the state participated. WILDCATS LOSE STAR * Ha t nited Press EVANSTON. 111.. Sept. 13.—Hugh Duvall of Owensboro. Ky., has been ruled ineligible for the Northwestern football tf'm this fall. He is a full back weighing 190 pounds and w?s counted cn for a regular position by Coach Dick Hanley.

New York Stocks Thomson A McKinnon’ 1 "

-slept. i*~ Prex Railroad*— High. Low 11 00. close. Atchison bs 52% 53 54'* Atl Coaat Line 30 32 Bail. A Ohio ... 1 15'4 1< 16’. Cheaa A Ohio .. 22% 21, 21% 23% Chesa Corp .. 15 16 Can Par IS'* IS'* 15% I'. Chi Ort We. 4 4 Chi N Went .... 9', 9 9’ * 10'4 C R I A P g', * 6 9' 4 Del L A W ... . 32'm 32 32 34% Del A Hudson 82'a Erie 7’* S'j Erie lat pfd 11 Great Northern 15 17 Gulf Mob A Oil . 7 Illinois Central.. 16% 18'* 16% I<% Lou A Nash 28 5 4 M K A T 6 B'4 Mo Pacific 6% 6*4 Mo Pacific pfd 13 N Y Central 25% 25 25% 26', Nickel Plate 8 6 NY NH At H 19 * a 19 19% 21 Nor Pacific 18 17% 18 18’4 Norfolk A West 99% 102’, OAW 9 11’* Pennsylvania . 17’* 17% 17% 18% Reading 39% Seaboard Air L.. % % 80 Pacific 28% 28% 28% 30% Southern Ry 11% 11** 11% 13% 8t Paul 2% 2% 2V* 3 St Paul pfd 4% 5% St L A 8 F ... 3% Union Pacific 72 70% 70% 74% Wabash 3% 3% W Maryland 8% 7% 8 8% West Pacific 3 Equipment*— Am Car & Friy 10% 11% Am Locomo.lvt .. .. ... ... 9% Am Steel Fd 10% Am Air Brake Sh 16% 16 16 16% Gen Am Tank .. 19% :8% 19 21% General Eiec .. 18 17% 17*4 18% Gen Ry Signal 16% 15% Lima Loco 15 N Y Air Brake 10 Press Stl Car 3% 3% Pullman 21 22 Westingh Ar B ... 14% Westingh Elec... 36% 35 36 37% Rubber*— Firestone 14% 14% 14% 14% Fisk % % Goodrich . . 8/* 9% Ooouyear ... 19% 19 19% 21% May Hprgfld ... 2% 3% 2% 2% Lee Ruuoer 7 U S rtuboer ... ... 7 % Motor*— Auouin 60% 87% 58% 62 cnrysier lb 15% lb lit* Gei.erßj Motors.. 16% ta ■ jo% io , uianam t's.ifte .... ... 2% 3 , Reason ...... k <% 7% V’s UDD 4 % 3% * 4 Mack ... ... 22% .vrarmon ... 2% 3 Nasn 19*. 19% I.VV* lb Facxard 4% 4 4 4% Peerless ... 2 Reo 3% 3'. 3'* 3', Studebaker .... 3% 8% 8% 10% White Mot 25% 24% 26 24% Yellow 1 ruck .. 5% 5% 5% 6 Motor Access— Bendix Aviation 11% 11% 11% 12% Bote Warner... 10% 10% 10% 11 Brlees 6’, Campbell Wv 6% Eaton 7% El Auto Lite . 20’, 20% 20% 21% El Storage B .. .. 2R Haves 80dv.... 2% 2% 2V* 2% Honda ... 33% Motor Wheel... .. ... ... SV, Murray 80dv... 5% s'* 5% 5% Sparks-W ... 3% 3% Stewart Warner ... ... 6% Timkin R 011... 18 17\ 17% 18% Minirg— Am Metals ... 6 6% Am Smelt 18% 18 18% 19% Am Zinc. ... 4 % 4% Anaconda Cop... 11% 10% 11% 13 Alaska Jun 10% 10% 10% 10% Cal A Hecla ... .5 6% Cerro tie Pasco.. 11 10 10% 11 % Dome Mines . . 11% li% Freeport Texas.. 23 22% 22% 23% Granby Corp 7% 8 Great Nor Ore 8% 9 Howe Sound 10% Int Nickel 9% 8% 9V* 10 Inspiration ..... .. ... 4% 4% Kennccott. Cop 12% 13% 12% 13% Magma Cop 8 9 Miami Copper.. 4% 4% 4% 5 Nev Cons 6% 7% Noranda 18'* 18 18% 18% Texas Gul Sul.. 21 20% 21 21% U S Smelt ... 17 % 17 17 17% Oil*— Amerada 21 % Atl Refining .... 18 17% 17% 18% Barnsdall 6 5% 5% 6% Houston 4% 4 4 4% Indian Refining ... ... 2% Sbd Oil 14% 13% 14% 14% Mid Conti 7 6% 6% 7% Ohio Oil 9% 9% 9% 9% Pan-Amer B ... 12 ... Phillips 6% 6% 6% ... Prairie Pipe 11 Pure Oil 5% 5% Royal Dutch ... ... 21% Shell Un 6% 6% 6% 6% Simms Pt ... ... 6% Cons Oil 7% 7% 7% 7% Skelly * 4% Standard of Cal .. ... 27% 27% Standard of N J 32% 32% 32% 32*4* Soc Vac 10% 10% 10% 10% Texas Cos 15% 14% 15% 15% Union Oil 14 13% 13% 14 Steels— Am Roll Mills .. 13 12% 12% 14 Bethlehem 22 24% Byers A M. 17% 15% 15% 18% Colo Fuel 10% Inland 20% 20 20 20 Ludlum 8% 7% 7% 8% McKeesport Tin. 51% 50% 50% 51% Midland ... ... 9 Newton ... 5% 5% Repub lAS... 9% 9 9'* 10 U 8 Steel 43% 42% 43% 45% Vanadium 17% 17 'l7 18% Youngst S A W ip, Youngst SAT 21 % Tobaccos— Am Sumatra ... ... 7 Am Tob IAI new 74 73% 73*% 76 Am Tob 181 new 77 75 75% 78% Lig A Myers B. 59% 59 59% pi% Lorillard 16 15% 15% 16% Reynolds Tob .. 33% 33% 33V* 34% United Cig % % % % Utilities— Ablttbi 1% Adams Exp 6% % 6% 7% Am For Pwr... .9% 8% 8% 10% Am Pwr A Li.. .. .. 11 13% AT A T 112'* 112% 112 s * 114% Col Gas AEI 15% 15% 15V* 16% Com A Sou 4% 4 4 4% Cons Gas 58'* 58% 58% 61% El Pwr ALi 11% 10 10% 12% Gen Gas A 1% 2 Inti TAT 11 10% 11 11% Lou Gas A El 20 19% 19% . 20 Natl Pwr A Li 16% No Amer Cos ... 34% 33% 34% 37% Pac Gas A El 29% 30 % Pub Ser N J 47'* 46% 47 49% So Cal Edison. .. ... 26% 28 Std G A El 23 United Corp ... 10% 10 10% 11% Un Gas Imp . . 19 18% 19 19% Ut Pwr ALA 6 5% 5% 7 West Union.... 39% 38% 39% 42% Shinnlne— Am Inti Corp... 8% 8 8% 9% N Y Ship ... 3% ... United Fruit.. . 23% 22% 22% 24 Foods— Am Sug 29’, 29 29% 29% Armour A ... 2% 2% Cal Pkg IS Can Drv 12 11% 11% 12'* Childs Cos v 6% Coca Cola 104% 103% 103% 106 Cont. Baking A . .. ... ... 7% Corn Prod 45'* 45% 45%" 46’, Crm Wheat ... ... 20% Cudahy Pkp . . 30% 30’, Cohan Am Sug.. . ... ... 2% Gen Foods 30 29% 29% 30% G’and Union ... 7% 8 Hershey 63% Kroger 15% 15% 15% 16% Net Biscuit ... . 40% 39% 40% 44 Natl Dalrv 21% 21% 21% 21% Purity Eak ... 11 10*, 10'* 11% Pil'sbtirv ... 16'* 'tfl'cwav St 48% 48 48% 49% Std Brands 14% 14% 14% 15% nriigs— Cotv lnc 4% 4% 4’, 5*4 nril- Inc 44% 43% 44% 45% Lambert Cos 40% 40% 40% 42',

THIS CURIOUS WORLD

I AND KILLED / NY J 5 H barehanded/ i l\ It 1 \ w II , 0 i I © iaw y wt* knvkc. \ !Av ■,/ brink or ' \lM^ /NIASAOA FALLS HAS \m\ /jtrXi Yt\ IN THE LAST y v.u fjfc\ 30 ' 000 LIANFAIRPWEU.GYNGYLLGOGEQyCHG.y- \\\\\ is the m\\ SAME OP A SMALL TOWN IN ANGLESEY, OTP THEjfOAST OF WALES- U \

Lehn A Fink 17 Industrials— Am Radiator ... 9'* 9 9N 10% Bush Term 8 Certalnteed .... 2% Gen Asphalt . 10% 10% 10% 11% Ott* Elev . 16% u,pr 1% 1% Indus Chems— Air Red . 54% 57 Allied Chem . 78', 77% 77% 79% Com Solv 11% 10% 11 11% Dupont . 3g% 37% 37% 39% Union Carb .. 26% 25% 26 26% U R Ind Alco 29% 28% 29 29'* Retail Store*— A?soc Drv Ods . 3 Oimbel Bros 32% 2% 8 S ... u% 12% May D Store ... 15 15 Mem Ward . 11% 11% 11% 12% Pennv J C . 21% 20% 21 S 21% Schulte Ret. St. . 2% 2 s * Sears Roe 21% 20% 21% 22 Woo’worth . 36% 38% 36’* 38% Amusements— Crosley Radio.. ... .. 6 Eastman Kod 52% 51% 52 54% Fox Film A 4% 4% 4% 4 3 * Grigsby Gru ... 2 1% 1% 3 Loews Inc 33% 32% 33% 35 Param Fam 8% 5% 5% 6% Radio Corp 10% R-K-O 3% 5% 5% 6% Warner Bros ... <3% 3% 3% 4 Miscellaneous— Airwav App 2% City Ice A Fu 14% Congoleum KVa 10% 10% 10% Proc A Gam 31% 31% 31% 32 Allis Chal 10 lO 3 * Am Can 54% 53% 54 58 J I Case 53Vi 52% 52% 54% Coni Can 30% 30 30 32% Curtiss Wr 2', 2% 2% 2% Gillette SR... 18% 17% 18% 19% Gold Dust 17', 17 17% 18% Int Harv 24% 23% 24% 25% Int Bus M 99% Real Silk 5% Un Arcft 23% 22% 23% 25% Trans-America.. 6% 6 6 6%

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds. 13c: Leghorns. 9c. Broilers. colored springers. 1% pounds up. 12c: bareback* and partly feathered. 8c: Leghorn and black. 1% pounds up. 10c Cocks and stags. 6c: Leghorn cocks. 4c. Ducks, large 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 erads of Institute of American Poultry Industries. No. 1,17 c; No. 2. lie: No. 3.7 c. Eggs, countrv run. loss off. 14c. Butter. 22 to 23c: undergrade.*. 20 to 21c: butterfat. 18c. These prices for healthv stock, free from feed. No sick poultry accepted. Quoted by the Wadley Company. ft// I nited Pres* CHICAGO. Sept. 13.—Eggs Market, firm: receipts, 4,326 cases; extra firsts. 18%®19%c; firsts. 18®18%c: current receipts. 14® 17c: dirties. Ilftl4%c. Butter Market, steady; receipts. 7.847 tubs; extras. 20%c: extra firsts. 19<W20c; firsts. 17 ft 18c: seconds. 15ft 16c: standards. 20c. Poultry-Market, unsettled; receipts. 47 trucks; fowls. 14%ftT5%c; springers. 13% ft 15c; Leghorns. ll%c: ducks, lift 13c; geese. 9@llc; turkeys. 10ft 12c; roosters, 10c; chickens. 13%ft 14%c; Leghorn brollprs, 13c. Cheese—Twins, I2%fti2%c; voung Americas. 12%ft13c Potatoes—On track 160. arrivals, 31: shipments. 439; market, steady to weak Wisconsin cobblers. 75ft77%c: Minnesota cobblers. 80c; Early Ohio.*, 75c; Idaho russets, $1.40® 1.50. ft// United Pres* CLEVELAND. Sept. 13.—Butter- Market, steady; extras. 20%c; standards. 20c. Eggs —Market, steady; extras, 21c; extra firsts. 19c: current receipts, 17%c. Poultry Market, steady; Colorado fowls. 15ft 16c; Leghorn fowls. Ilftl2c; medium broilers. 18c; Leghorn broilers. 13c; heavy rump broilers, 16ft 17c: colored broilers. 15@16r: rock broilers. 13ftl4c; ducks. 10ftl2c: old rocks, 10ft 12c: young geese. 10ft 12c. Potatoes—Ohios, 85cft$l per 100-lb. sack: Ohio and New York. 55c per bushel; West Virginia. *[email protected] per bushel. By United Press NEW YORK. Sept. 13.—Potatoes—Dull; Long Island, 40cft$1.85 barrel; New Jersey, 75cft51.40 Sweet potatoes—Dull; Jersey basket. 90cft*1.35; southern barrel. $1.25 ®2: southern, basket. 4(K?BSc. FlourQuiet; spring patents. s3.Bsft 4.20 barrel. Pork—-Steady; mess $19.25 barrel. Lard— Weaker; middle west spot. ss.2oft 5.30 per 100 lbs. Petroleum—Firmer; New York refined. 71c gallon: crude Pennsylvania. $1.50 <92.02 barrel. Grease—Steady: brown, 3% ft3%c per lb; yellow 3%ft3%c per lb; white. 3%@ 4% c per lb. Tallow —Quiet; special to extra. 3'®3%c lb. Common hides —Inactive. Hides —City packers, actice; native steers B%c; fciitt brands, 8c; Colorados. 7%c. Dressed poultry—Steady; turkeys. 10ft30c: chickens. 14ft25c: broilers 14ft24c: fowls. 10ft21c: Long Island ducks. 12%ft15%c. Live poultry—Steady; geese, Bft 14c: turkeys, 10ft20c; roosters,’ 12ft 13c: ducks. Bft 17c: fowls. 13ft 19c; chickens, pullets. 20ft’25c. Cheese—Steady; young America 13%ft17%c. Butter—Market,'easy; creamery, higher than extras 21%ft22c; extra 92 score. 21c: firsts. 91 score 19% ®2o%c; firsts 88 to 89 score. 17ft 17'wc’; seconds 16ft 16%c. Eggs—Market. firm; special packs, including unusual hennery selections. 23ft27c; standards, 21%ft22%c; rehandled receipts 20ft20%c.

Cash Grain

—Sept. 12— 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—Weak; No. 1 red. 44®45c; No. 2 l-ed. 43ft44c: No 2 hard. 44®45c. Corn —Weak; No. 2 white. 22®25c; No. 3 white. 21®22c: No. 2 yellow. 22®23c: No 3 yellow. 21@22c; No. 2 mixed. 21®22cNo. 3 mixed. 20ft 21c. Oats—Weak: No. 2 w-hite, 12Vw@ 13*icNo. 3 white. 11%ft12%c. Hay— Steady (f. o, b. country points taking 23 %c or less to Cincinnati or Louisville); No. 1 timothy. $5.50<®6; No. 2 timothy, *SO 5.50. —lnspections Wheat—No. 1 red, 2 cars; No. 2 red 5 cars; No. 4 red, 1 car: No. 1 hard. 1 car; No. 2 mixed, 1 car. Total. 10 cars. Corn—No. 2 white. 4 cars; No. 3 white 3 cars; No. 4 white, 1 car; No. 1 yellow. 5 cars; No. 2 yellow, 37 cars; No. 3 yellow 7 cars. Total. 57 cars. Oats—No. 2 white, 15 cars; No. 3 white. 54 cars: No. 4 white, 1 car; No. 3 mixed. 1 car. Total. 71 cars

In the Cotton Markets

CHICAGO —Sept. 12High. Low. Close. January 8.30 7.92 8.00 March 8.43 8.02 8.12 May 8.53 8.16 8.20 July 8.62 8.28 8.23 October 8.08 7.70 7.77 December 8.23 7.84 7.89 NEW YORK January 8.19 7.81 7.86 March 8.32 7.93 8.02 Mar 8.45 8.06 8.12 July 8.52 8.15 8.21 October 8 00 7.56 7.64 December 8.15 7.72 * 7.80 NF.W ORLFANS January 8.22 7.81 7.86 March . .’ 8.37 7.92 7.99 May 8.46 8.05 8 13 July 8.55 8.15 8.21 October 8 01 7.60 7.65 December 8 16 7 73 7.80

THE INDIANAPOLIS TIME 1

PORKER PRICES RALLY 5 CENTS AT CITY YAROS I / Cattle and Calves Show No Changes; Sheep Trade Strong. Better demand in the hog market at the city yards this morning sent prices up 5 cents on most ' classes. The bulk, 160 to 300 pounds, sold for *4.50 to *4.80; early top holding at *4.60. Receipts were estimated at 6,000; holdovers were 131. Cattle were steady with receipts of 1,100. Vealers showed no change from the previous range. Sheep were strong, the bulk selling at $6.00 to *6.25. This morning’s top price was *6.50. Receipts were 2.500. Starting the early trade slow and draggy, hogs at Chicago were steady to higher. Asking moved up 5 to 110 cents above Monday's average, while a few early bids held stationi ary. The bulk of good to choice j kinds weighing 190 to 210 pounds, ' was bid in at *4.55 to *4.65; best | porkers held above $4.70; few pack- : ing sows were strong and 5 to 10 | cents higher, while lightweight packing sows sold at $3.75 to *3 90 ! and some holding higher. Receipts were estimated at 16.000, including 2,00 direct; holdovers 5.000. Cattle receipts were 6,000; calves, 2,000; market, strong. Sheep receipts numbered 15,000; market, . strong. Hogs Sept. Bulk. Top. Receipts. 6. $4 20ft 4.50 $4 50 2.000 7 4.20 ft 4.60 4.65 6.000 8. 4.30 ft 4.65 4 70 7.000 9. 4.25 ft; 4.60 4.65 5,500 10. 4.15® 4.55 4.55 2,000 12. 4.15® 4.55 4.55 500 13. 4.15® 4.60 4.60 6,000 HOGS Receipts. 6.000; market, steady. (140-160) Good and choice $ 4.15® 4.25 —Light Lights—-(l6o-180) Good and choice.... 4.50 -Light Weights—-(lßo-2201 Good and choice.... 4.55 (200-220) Good and choice ... 4.60 —Medium Weight—--1220-250) Medium and good.. 460 (250-290) Good and choice. .. 4.45® 4.50 —Heavy Weights—-(29o-350) Good and choice ... 4.20® 4.45 —Packing Sows— I <350-5001 Medium and g00d... 3.25 ft: 4.00 ! (100-120) Slaughter pigs 4.00® 4.10 CATTLE Receipts, 1,100; market, steady. : Good and choice $ 7.75® 9 75 i Common and medium 4,25® 7.75 (1.000-1,800) | Good and choice B.ooft 10.00 , Common and medium 6.00® 8.00 —Heifers—i Good and choice 6.50® 8.00 j Common and medium 3.00® 6.50 Cows— Good and choice 3 50® 5.00 Common and medium 2.50® 3 50 Low cutter and cutter rows.. 1.25® 2.50 —Bulls (Yearlings Excluded) Good and choice beef 3.ooft’ 3 75 Cutter, common and medium.. 2.25® 3.00 CALVES ANH VEALERS Receipts. 300; market, higher. Good and choice $ 6 50® 700 Medium 5.00® 6.50 Cull and common 3.50® 5.00 —Calves— Good and choice 4.25® 6 00 Common and medium 3.00® 4.25 —Stocker and Feeder Steers— Good and choice 5.00® 625 common and medium 3.soft' 5 00 „ (600-1.500) Good.and choice 5.00® 6.25 Common and medium 3.50® 5.00 SHEEP AND LAMBS Receipts. 2,500; market, steady. Good and choice $ B.oo® 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 By United Press Sp P' 79.—Hogs—Receipts. 16.000. including 2,000 direct; mostly steady; underweights 10ft 15c up; packs?.wL^s,^sdy ,0 10c higher; 180-220 i ! 4 S a*,-*! , S2® 4 JK : ,op - * 465: 230-260 lbs., 'I- 4 '}* 270-390 lbs.. s3.7oft 4 40: 1401(0 lbs.. $4.25ft 4.60; pigs, s3.6oft 4.'25; packing sows. $3.25®3.90: light lights. 140-160 ~.g ootL .a £ c i choice, $4.20ft4.60: light 160-200 lbs., good and choice, $4.35®4.65; medium weights. 200-250 lbs good and choice. *4.40ft.4.65: heavy good and choice. S3.Boft 4.50: packing sows, 175-500 lbs ,?. nd good ’ *3.7oft 4; slaughter pigs 100-130 lbs . good and choice. $3 60®4.25. e— 6.000: calves, receipts. 2 000; fed steers ana yearlings strong to 25c higher; general market active on all grades and classes; bulls strong to 10c higher and vealers 25ft 50c up; top $10.25 new high for the season, paid for 1240lb. averages; light steers up to *10: light yearling steers. $9.70: largely $6.50®9.*5; market, long fed offerings with weight being very scarce: slaughter cattle and vealers: steers 600-900 lbs., good and choice. $7.25ft 9.75; 1100-1300 lbs., good and choice. s7.soft 10.50; 1300-1500 lbs good and choice. $7.75ft 10.25: 300-1300 lbs medium. s3.soft 7.75: heifers! ! ‘ >s °-850 lbs., good and choice, S6ftß; com- ! n } or ) and „ n 3S d l*! rn , $3(9 6: cows, good and S9 ® 3 -2(>ft3; common and medium. lin k ?, 5; low cuU * r end cutter. sl.soft 1.6 O: bulls yearlings excluded, good and *26. ) S3 - 504 ', 5: , outter to medium. ii^ 3 ; 50 - ' p ?!ers mill; fed. good and choice. %(?; *3ft 1; cull and common. sol) 1050 ,K.° Cker i eeder rat,lp: stpp >’S. 500-1050 lbs., good and choice. *5.25ft6 50*3 25ft 5.50. Sheep hiJnw Pt • 150 ? 0; , few sales about steady; ?oorf & “P evenlv Ipwer on range lamb’s; good to choice natives. *5 50(9 6 to packhn.%StVeral loa<l * $6.25ft 6.50 to P city butchers around 80 lbs. range yearling* ?h* S rt 8 n l w^ ter s s eep ? nd lambs: 'lambs 90 lbs. down good and choice. $5.50(9 650 medium. $4.,5ft5.50: all weights common : 33 80ft 4.75: ewes. 90-150 lbs., medium to choice. $1,50ft2.50: all weights cull and %mhT n sn fPPdIn * lambs: feeding 5*25 bS ' 50 ’ |S bs '’ good and choice, $4.75® Bn l nited Press refnlfVlL L ® Ul . S ' D.-HogS-Re-bpip*s - 9.800: market. s®loc higher- ton 60 6 !h< bUl *4V-i 726f) H.. M 100160 lbs $4®4.45; sows. $3.15ft3.75 Cattle di2SSSy t tv.i2 oo; CaIVPS - I'Boo 1 ' 800 market in! dicating steady on native steers; western gressers opening steady to strong at *4.40 ft 5.15 mixed yearlings, heifers cutters and low cutters, steady; bulls steady to Strong: vealers 25c higher at SV mixed CUtter'* S sf 25(5K e $n erS largly * 4 50 ft 7; low hntif 10 Practical ton 3a usage bulls. *3.10. Sheep—Receipts. 1 500 ml?! kpt ;. op *" pd st f on ?. ,0 25c higher: spot™ up ’ in mbs Sma ' l killers, s6® rion-n * 6 50: packers bidding $5 75 down, throwouts, *3; fat ewes. *LSO. By Times Special , LOUISVILLE. Sept. 13.—Cattle-Receipts y StP !i d £' bullt - common and meflnUiEv,i^tPtl!s ,? nd heifers. *3.5017 5.50- better W.JSfc.&'ly.iiSS’ .s'cS SMEft S®iS h iKihS*s;i SX'2l%throwouts. *3.50 down. Hogs-Re--295 lbs f4- S 9O? d ?K : 175 - 240 * lbs - *1 55: 245$4 Xs'iKf' 2°° lbs . up- *3 60: 140-170 lbs. Map S: * Sheep—R^c/ipts* 1 * 1 "500eligible l U:k s6 b 2 e 5 ter or la S b ter* 5 fed,nm Ch and e i° ar fG a de lambs. S< 50 dowm fat eweif rtrwn : *i° ck p ; p s mostly *5.50 per held Monday s shipments: Cattle 428 calces, 568: hogs, 149, and sheep. 570.

By T ailed Press I.2 P o™V?e? fl sl^\V 3 ak H to ßS r o f e ! o e if , e t r S : 160-220 Jbs $4,906 5; 230-270 lbs $4 60*/ $3 50 "downward* market active to steadv: desirable ’ or*?* ?o ee mediu a nd m ye s 4s qUOtfd s6 '" 7 common to medium, S4Yis.is, grass heifers SS Cah e? ar ßec?n?s HU so t ° goO i d cows * 2 *°® * canes—Receipts. 50; market steadv; good Jiln. eh ?‘SSn v * a,er *’ t6 ' n7 ™ Sheep-?Re-celpts. 1.300: market, steady; better grade lambs. 56.25416.75: throwouts. s2® 4 50good wethers up to $2.75. * * ! By l hi ted Press ea BT BUFFALO. N Y. Sept 13-Hog--on sale. 800: fairly active mostly stMrifoesirabie 150-300 lbs *5; 210-230 lbs d sj 9 5 10. Cattle—Receipts common * nd Tleedv U. 5095: better grades unsold, cows scarce cutter grades ouote. $1.755 2 75. Calve*—Revea!fr.sx unchknged $8 'down. f h ', e iS. — ?*w* !pts ' 70P: lalTll >s active. Strong to 10c higher: good to choice. s6.s<)w*6s tor $6.75: common and medium, including snringling of bucks, $4.75(55 30 sheep steadv. By l ailed Press TOLEDO O Sept. 13 —Hogs—Receipts, 275; market 10c higher; heavy Yorkers $4.50)5 4.65: mixed. $4 40© 4 50: bulk *4 pigs. $3 75: lights. $3.75@4, roughs. S3® 3.25. Cattle—Receipts. 300; market slow Calves—Receipts, light; market, a’ow Sheep and Lambs—Receipts light: market slow.

BELIEVE IT or NOT

The EAR of DENYS, sY/. -THAT MAGNIfIES TkE SOUND OF tfrS&'f Ih* The voice so Times KSljf old AThleTic* —7T5> iMr oncescorsd A n Q m; 263 rums Easter, egg Dyed UZ yrs aqo signature of fmm IS still GOOD. HAL Fox " Ouihed by R H KeudfndA * g^> p , .. Olt. ,miCK. C) H32,Kln|FmlvtciSymliciUi,lnc,GreM Bnimrtfhiinwncdi 9*13

Dow-Jones Summary nf

I Condition statement of reporting member banks as of Sept. 7 shows increases for the week of $25,000,000 .in loans and investments and $29,000,000 in net demand deposits; decrease of $11,000,000 in time deposits and $35,000,000 in government deposits: loans on securities amounted to $4,519,000,000. an increase of $7,000,000. Commercial failures in United States during past week totaled 420 defaults, against 549 in previous week. Daily average production of crude oil in i United States in week ended Sept. 10 totaled 2.150.157 barrels, an increase of 46,653 barrels over preceding week, according to Oil and Gas Journal. Sugar melt of fourteen United States refiners from Jan. 1 to Sept. 3 totaled 2.675,000 long tons, against 3,025.000 in same period of 1931; deliveries totaled 2.535.000 long tons, against 2.800,000 a year ago. Electric Power and Light Corporation in twelve months ended July 31 earned 47 cents on average common shares outstanding and 40 cents a share on 3,320,445 , common shares outstanding at close of period, against $2.66 a share on 1.876,838 common shares outstanding at end of twelve months July 31, 1931. Buring August United Airlines carried 11.888 passengers, compared with 10,700 in July and 6,284 In like 1931 months; passengers carried during first eight months of 1932 totaled 58.110, against 28,122 in like 1931 period, an increase of 106.6 per cent. Pacific Gas <fe Electric Company asks California railroad commission to extend until March 31. 1933 period for exchange of preferred stock for preferred shares of Great Western Power Company of California. \ Vanadium Corporation stockholders approve reduction In capital as represented by 378.367 shares by $3,938,002 which amount is to be charged to capital surplus. Pennsylvania Mex Fuel Company stockholders approve plan for reducing capital stock to SIOO,OOO from $10,000,000. : Pacific Mutual Life Insurance Company ; declared the regular quarterly dividend of 50 cents, payable Oct. 1, of record Sept. 20. Wholesale automobile financing during July totaled $26,014,112, a decrease of $17,668,059 from June and compares with total of $48,953,330 in July 1931. i Aetna Eire Insurance Company declared i the regular quarterly dividend of 50 cents, payable Oct. 1. ol record Sept. 12. Births Giris Raymond and Edna Hook. 1916 Prospect. Chiton ana Olive Chandler, Coleman | hospital. uerald and Bernice Horner, Coleman I hospital. George and Lula Burton. Coleman hosi pital. Charlie and Beryl Champion. Coleman hospital. Henry and Delores Linder Coleman hosj pital. ! Grant and Alma Miller. Coleman hospital. Harold and Louise Ross. Methodist hospital. Arthur and Frances Van Deveer, MethoI dist hospital. Paul and Elizabeth Drescol, Methodist hospital. Albert and Clara Camhi. Methodist hospital. , Hobert and Flossie Boone. 1315 Ewing. Oliver and Alice Johnson, 723 South East. Bov* Roy and Pauline Bell. Coleman hospital. Ciaude and Anna Hatfield. Coleman hospital. lan and Elvdah Jovce. Coleman hospital. Harry and Lenora Nigh. Coleman hospital. o-a and Julianna Case. Coleman hospital. i.u-sell and Mildred Dobbins. Coleman hospital. Charles and Anna Treser, Coleman hospital. Everett and Anna Sturgis. 3012 Graceland. John and Pauline Younger. Methodist hospital. Hugh and Eva Learning. Methodist hospital. Emil and Anna Deuser 3310 East Twen-ty-fifth. , . ■ John and Celista Baldow Methodist hospital. Twins Theodore and Cara Boger. 404 East Morris. boy and girl. Deaths James Rickman. 37. city hospital, chronic myocarditis. George A. Ellis. 14. 509 Virginia, cerebral hemorrhage. Herman H. Vahle. 81. 52 North Riley, arteriosclerosis. William Stevens. 3 months. Riley hospital. enterocolitis. Delpha M. Wright. 44. 722 North Holmes, carcinoma. Thomas M. Honan. 65 St. Vincent's hospital. uremia Anas Rice, 50. 5080 West Fifteenth, chronic myocarditis. Mate Buchanan Reynolds. 56. 815 North B*ville. carcinoma. Melissa M. Ward. 66 314*2 Massachusetts. hypostatic pnaumonia. Ethel Fisher. 38. Methodist hospital, general peritonitis. Emory C. Crawford 51, City.hospital, chronic myocarditis. Fred W. Renz. 70, 961 East Minnesota, chronic myocarditis. Edward E. Shaw. 63. 1214 Hort. acute cardiac dilatation, Mary L. Depka. 65. 2419 North Gale carcinoma. Lillie B. Walker. 52. 213 North Addison, carcinoma. Henrv McDonald. 25. citv hospital, fractured skull, accidental. NEW TORE COFFEE RANGE —Sept. 12— .. . Hieh. Low. Close March „• 8.00 July ... ... 5.70 December ... ... 6.30

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

Following is the explanation of Ripley's "Believe It or Not” which appeared in Monday’s Times; A Gasoline Miracle —On Dec. 8. 1922. thirty-four city blocks of the business section of Astoria, Ore., burned, resulting in destruction of the entire district and leaving only a smoldering mess of ruins. Because of the tremendous amount of gasoline stored in underground tanks of filling stations and garages, a series of explosions was expected momentarily. But, paradoxically enough, the gasoline was the only commodity salvaged from the flames. Fanned Thirty-two Batters and Lost—Harry Ponas, pitching for the Holy Cross Boys’ Club of Scranton, Pa., on May 7, 1932, struck out thirty-two batters ot the Cathedral club, yet lost the game by a score of 7-6. The game went fifteen innings. Ponas gave only seven scattered hits during the game, but was the victim of ragged and loose playing by his mates, whose errors allowed the runs of the opposition. . Wednesday—A despot's whim.

The City in Brief

WEDNESDAY EVENTS Tuberculosis Conference, Claypool, all day. Kiwanis Club, luncheon. Columbia Club. Lions Club, luncheon. Washington. Purdue Alumni Association, luncheon, Severin. Apartment Owners’ Association, luncheon. Washington. American Legion, Twelfth district, luncheon. Board of Trade. Home Show Committee, luncheon. Washington. Wheeler Mission, luncheon. Washington. Indianapolis Association of Baptist | churches, meeting all day, Cumberland Baptist church. Program of the accident prevention bureau of the police department will be broadcast from 5 to 5:30 p m Wednesday over Station WKBF Chicken and> fish cafeteria dinner will be given Wednesday afternoon at 5:30 at the Meridian Heights ! Presbyterian church by section two of the Ladies Aid Society Beriault | school of expression students will ! entertain

Chicago Fruit

By United Press CHICAGO. SDt. 13.—Apples—Illinois Wealthies bushel. *1®1.10: Jonathans bushel sl® 1.25; King Davids bushels. *1; Cichigan Wealthies bushel. *lftl.l0: McIntosh bushel. Slft l.io. Cantaloupes—WestI ern flats. 80®75c; Michigan crates. 50®85c. | Melons—Western Honev Dews. 75cft*i,25 Peaches—Michigan Hales. $1.50®2; Elbertas. 75cft*l. Pears—Michigan Bartletts bushel. 90cft*1.15. GraDes—Michigan ; 4 auart baskets concerts. 10® lie: 12-auart : baskets. Concords. 20® 25c.

Other Livestock *By Lai led Press CLEVELAND. Sept. 13.—Hogs—Receipts. 1.200; holdover, none: around steady, medium and strong weights 10c higher, but some lighter offerings 104715 c lower; 160300 lbs., $4.60'ff4.85. according to weight: bulk throwouts, $4.75: only weights 230 lbs. up at top; pigs and light lights. $4.25 *54.50. Cattle—Receipts. 225: steadv: common to medium steers of around $4.50 to $6 vagues predominating on peddling basis: few sales. *4.50(5 4.75; cows, *1.25® 8.75sausage bulls active. *2.75® 3.75 or higher. Calves—Receipts. 550; draggy exception toppy offerings; weak to 50c lower: bulk $8 down, few choice. *8 50; common to medium, $5.5043.7; cuils downward to *4. Sheep—Receipts, 2.000: steady; good to choice lambs. s6® 6.50; throwouts. $44/ 5, mostly *4.50; principally buck lambs at $5, few higher. By Vailed Press FT. WAYNE. Ind., Sept 13.—Hog market steady: pigs. *3.75®4: light lights. *4® 4.35; lights. $4 25(0 4.40: mediums, $4.40® 4.50: heavies. $4,254! 4.40: light roughs. 53.2543 3.50: roughs. *3® 3.25; stags. *2® 2.50: calves. *7. ewe and wethers. *5.50: bucks. *4.50. By United Press LAFAYETTE. Ind.. Sem 13.—Hogs. 5c higher 225-275 lbs. *4.35® 4.45; 275-325 lbs.. $4.20® 4.30: 180-225 lbs. *4.35®4 40: 150-180 lbs.. *4®4.25: 100-150 lbs. *3.60® 3.80: roughs. $3.50 down; ton calves, $6. too lambs. *5. RAW SUGAR PRICES —Sent. 12— High. Low. Close January 1 05 00 .99 March 1 05 1 00 1.00 Mav 1 09 1 08 1.08 Julv 1.14 109 1.09 September 1.10 1 03 1.03 December 1 08 1 03 1 03 In the Air Weather conditions at 0 a. m.: Southwest wind, sixteen miles an hour; temperature, 73; barometric pressure, 30.09 at sea level; ceiling broken clouds, estimated 8,000 feet, visibility, twelve' miles.

atmr*a n • |_| 1. Fatrnt Off lea RIPLEY

Bright Spots of Business

By tiniied Press WASHINGTON, Sept. 13.-An end to the tendency to hoard currency was seen in the federal reserve report of a dropp of *35,000,000 in money in circulation during August. BOSTON—Retail stores in the Boston rea will buy $60,700,000 worth of merehandise between Sept. 1 and nee. 31. aecording to C. F. Bennett, ehairman of the banking and industrial committee of the Boston dislrirt. CHICAGO—Abbott Laboratories reported carninßs for the nine monihs ending Sept. 30 were far in excess of the $236,000 dividend requirements although slightly under 1931. An upturn has been noted since August. BEMIS, Tenn.—Bemis Cotton Mills on Sept. 10 placed its 1,100 workers on a full time schedule on a wage scale equal to that in effect prior to the emergency period. Fred J. Young, general manager, said.

New York Curb Market

(Bv Thomson & McKinnon) —Sept. 13— 11:001 u : oo Alum Cos of Am 63 Imp Oil of Can 9 t Am Cvnamid.. s%Hnt Pete 11 rim Gas Ac El.. 32% ! Insuil Ut % Am Lt <sc Trac.. 21 Int'Super ... 2% Am Super Pwr. 5% Mt Prod 4% Ark Gas A 2%' Nat Inves 3% Ass Gas Ac Elec 3H Nat Aviation... 5% Braz Pwr Ac Lt 10%!Newmont Min.. 16 Can Marconi.. 1% Nia Hud Pwr . 15’, Cent Sts Elec.. 4%'Penroad ...... 3% Cities Service. 4% St Regis Paper. . 5% Cons Gos Balt 65 I Salt Creek . 5% Comm Edison.. . 80'i ( Sel Indus .... 2 Cord 5 So Penn Oil . . 13"* Deer Ar Cos 12% Std of Ind 23% Elec Bd & Sh.. 30 !Std of Ohio. . 25% Gen Aviation... 3%iStutz 19% Ford of Can... B%United Gas inwi 3 Ford of Ene. .. 4 tin Lt Ac Pwr (Ai 7% Goldman Sachs 3% Un Verde 3% Gt A A- P 150 Ut Pwr ... 3% Gulf Oil 35 un Fndrs 2 Hudson Bay... 3% I

Foreign Exchange

(By Abbott. Hoppin & Cos.) —Sept. 13Sterling. England 3 48' Franc. France 039! Lira. Italy 0512’n Franc, Belgium 1385' 2 Mark. Germany 2377' 2 Guilder. Holland 4016 Peseta, Spain 0804 Krone. Norway 1749 Krone. Denmark 1305 Yen. Japan '.. . .2325 New York Liberty Bonds -Sept. 12Liberty 3 , 2S '47 100.30 Liberty Ist 4's '47 102.12 Liberty 4th 4'*s '3B 103.6 Treasury 4'is '52 107.26 Treasury 4s ’54 104 8 Treasury 3 3 iS '56 102.10 Treasury 3T*s '47 100.22 Treasury 3 3 s ’43 100 22 I Treasury 3’s '43 June 100.22 Treasury 3's '49 98 4 Treasury 3s '55 96,21 Chicago Stocks Opening (Bv Abbott. Hoppin Co.| —Sept. 13— Bendix Avia... 12U Insul! 6’s ’4O . 2L Borg Warner .. 10 s . Lib McNeil Prod 2’* Cities Service .. 4’* Middle West . -v, Cord Corp ... 5 5 Swift & C 0.... 10 Cont Chi com. 2=, Swift Inti 18'. Cont Chi pfd . 20 Ut Ind com 2 ! 2 Com Edison . 82 Ut <fc Ind pfd . 6 3 * Grigsby Gru. l’ Walgreen Sirs . 11' 2 Houd Hersh B. 3 I Zenith Radio .. 1 3 Plumbing Permits Frank Dress. 3314-16 Graceland. one fixture. Harry Kiel. 1423 South State, three fixtures. Ed Kautsky, 26 East Washington, three fixtures. M. A. Armistead. 2633-35 Northwestern, two fixtures. James McHaffev, 218 East Walnut, one fixture: Ed Bpearking. 3813 East Michigan, one fixture. Carl Stahl. 47 Frank, four fixtures. Noted Accountant to Speak Charles C. James, New York City, nationally known accountant, wili speak at the dinner-meeting of the Indianapolis chapter, National Association of Cost Accountants, at the Washington, Thursday night.

Thomson & M Kinnon Brokers INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange Nen York Curb Exchar.g----200-214 Circle Tower Lincoln 5501

PAGE 13

SELLING SENDS STOCK MARKET DOWN SHARPLY Utilities Hardest Hit as Heavy Pressure Swells Sales Volume.

Average Stock Prices

Average of thirty industrials for Monday. high 78.88, low 70 81. last. 72 33 off 4 21 Average of twenty rails 37 26, 33 09. 34 22. off 3 (2. Average of twenty utilities 34 16. 31 53. 32 24 off 2 05. Average of forty bonds 81 62 off 48 BY ELMER C. 3VALZER United Press Financial Editor NEW YORK. -Sept. 13.—Prices broke 1 to more than 2 points at ths opening of the stock market today, after a sharp reaction downward in the preceding session. Utilities were hardest hit, but selling was not confined to that group. Volume was heavy, with large blocks appearing on the tape as orders accumulated before the opening wer bunched. Cotton futures, which dropped more than $2 a bale Monday, opened 14 to 20 points, or 70 cents to *1 a bale, lower. Stocks on the curb were under pressure, with Electric Bond & Share at 29. off 5%. Bonds joined the decline in heavy selling. Railroad securities were hardest hit. A wide break in metals on the London Metal Exchange brought heavy selling into copper stocks here. International Nickel opened 5.000 shares at 9. off 1, and Kennecott 12%, off l'g on 7.000 shares. Anaconda crashed 2\ to 10 l i on 3,700 shares. Baltimore & Ohio opened 9.800 shares at 16, off Other large opening blocks included: Eight thousand five hundred General Motors 16. off 3 4 ; 5.000 Westinghouse Electric 35%,.0ff 1%; 3,000 New York Central 25%, off 1; 4.500 Columbia Gas 15%, off 1%; 3,000 Reynolds Tobacco B 33%, off %; 3,000 New Haven 19. eff 2; 2,500 Montgomery Ward 11%. off 1; 1,500 American Telephone 112%, off 1%; 5.000 General Electric 18, off %; 5.000 Chrysler 15%, off 1%; United States Steel opened 7.500 shares at 42% off 2%.

Bank Clearings

INDIANAPOLIS STATEMENT —Sept. 13Clearings $2,260.000 00 Dpbl >s 4,475.000.00

New York Bank Stocks

(By Thomson A: McKinnon) -Sept. 12— _ , Bid. Ask Bankers 68% 7n% Brooklyn Trust 195 210 Central Hanover 146 150 Chase National 42% 44% Chemical 391 2 41 City National 57 39 Corn Exchange 70 73 Commercial ias 192 Continental 19% 21% Empire 29%. 31% First National 1 730 1 830 Guaranty 334 333 Trying 27% 29% Manhattan Ac Cos 36% 33% Manufacturers 34 35 New York Trust 96 99 Public 32% 3411 Union Title 52 35

Investment Trust Shares

(By Abbott. Hoppin Ac Cos ) PRICES ARE TO 12 NOON C. S. T. —Sept. 13— , _ Bid. Ask. Am Founders Corp com 1.25 200 Amer and Gen Sec IAI 4.50 900 Am Inv Tr Shares ].87 2.23 Collateral Trustee Shares (A) 2.87 313 Cumulative Trust Shares 300 350 Corporate Trust New 195 210 Diversified Trustee Shares A 800 Fixed Trust Oil Shares ... 7.00 800 Fixed Trust Shares >Ai .. 570 6.50 fundamental Trust Shares A 3.25 375 Fundamental Trust Shares B 3.25 375 Leaders of Industry <Ai .. 287 312 Low Priced Shares' 3.P0 4TO Mass Inv Trust Shares 15.25 16.75 Nation Wide Securities 290 310 North American Tr Shares 1.89 Se ected Cumulative Shares . 600 637 Selected Income Shares 312 370 Shawmut Bank Inv Trust 250 Std Amer Trust Shares . 3.25 350 Super Corp of Am Tr Shares 3.00 325 Trustee S(d Oil IAI . ... 325 375 Trustee Std Oil IRI ...... 325 3%s U. S. Elec Light &• Power IAI 16 75 17 75 Universal Trust Shares 2.25 2.50

Safety for Saving* Fletcher American NATIONAL BANK Seutheaif Cornur 0# Market end Pennr/fvania

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. HAM ILL KENNETH K. WOOLLING Formerly Member* of JAMES T. HAMILL & COMPANY Riley 5493-5494