Indianapolis Times, Volume 44, Number 112, Indianapolis, Marion County, 19 September 1932 — Page 9

SEPT. in. 1932-

SELLING IN 11. S. STEEL FORCES STOCKS LOWER Early Decline Is Result of Bearish News Report; Trading Quiet.

Average Stock Prices

Avers** of thirty industrials for Saturday high fit! 03. low 66.92, last 66.44. off 64. Average of twenty rails 33 08, 31 64. 32 04. oft 04 Average of twenty utilities 29 96. 28 98. 29.11, off .27. Average of forty bonds 80 93 up .15. BY ELMER C. WALZER United Press Financial F.dltor NEW YORK. Sept. 19.—Selling In United States Steel common brought the entire stock market into lower ground in early trading today. Unloading of the major steel stock resulted from a poor report from the industry. The Magazine Steel found steel production at 15 per cent of capacity, against 15% per cent a week ago, and added "sentiment also has undergone a mild technical reaction” as a result of "the increasing political uncertainty, irregularity of the stock market, and passing of the half-way mark of September without the appearance of tonnage requisite for a robust fall upturn.” Steel common opened at 38, off 7 %, and then descended to around 37. Other steel stocks followed with Bethlehem of nearly a polp t at 194. Steel preferred crashed 6 1 4 points to 68 V Last week the issue lost 11% points. American Telephone opened at 108 4, off 4, and then dropped a point. American Can opened at 704. off '*, and held. Fractional defines were made by a long list of industrials. Railroad shares were mixed. Farm equipment Issues and mail orders shares maintained a firm tone. Case held most of a gain of more than a point, while International Harvester was up fractionally.

Bank Clearings

Indianapolis Statement Sept. 19— Clearings $1,790,000.00 Debits 4,728,000.00

Foreign Exchange

ißy Abbott Hoppin & Cos.) - Sept. 19— Open. Sterling England 3.47 Franc. France 0391% Lira, Italy 0513 Franc, Belgium 1386 Mark, Germany 2382 Guilder, Holland 4017 Peseta, Spain 0812% Krone. Norway 1749 Krone. Denmark 1803 Yen, Japan '.2388 Chicago Stocks Opening (By Abbott, Hoppin Si Cos.) —Sept. 19^— Bendix Aviation 11 Coni Edison .... 73 Borg Warner... 9\ : Midd!e West ... % Cent So Wst... l%!Zenith Radio ... l*i

Kerry Patch Is Derby Threat; Wins Belmont

By Times Special NEW YORK,. Sept. 19.—Another contender for the 1933 Kentucky Derby was added to the list today after the surprise victory of Leo Rosenberg's Kerry Patch in the $88,690 Belmont Futirity here Saturday. A 30-to-l contender, Kerry Patch captured turfdom’s richest juvenile prize by beating Ladysman, claimant of the 2-year-old title, by threefourths length over seven furlongs. Pete Walls rode the winner. Ladysman took down SIO,OOO second prize money, boosting his total earnings to $111,435. Dynastic was third. MEN BUILDERS ON TOP Christian Men Builders tennis team triumphed over Central Christian squad, 4 to 2, in matches at Ellenberger park, Saturday. Summary: Singles Ray Moses (C. C.) defeated George Stewart, 4-6, 6-3, 6-4; Lester Barnes C. M. B ) defeated Franklin Moses, 4-6. 6-1, 6-3; Jim Lorton (C. M. B.) defeated A. ft. Moses. 6-2, 6-4; Bill Keller iC. M. B.i defeated Froege Corwin, 4-6, 6-2, 6-4; H. Bettge (C. C.) defeated Miller Keller, 6-2. 6-0. Doubles—Jess Martin and Vic Kelly (C. M. 8.l defeated Ray Moses and A. R. Moses, 6-1, 6-1. The match of Stewart and Bob Pogue tC. M. B.i vs. Corwin and Bettge iC. C.), was halted on the account of darkness. PULLIAM GOLF VICTOR By Times Spatial LEBANON, Ind.. Sept. 19—Eugene Pulliam Jr. of Lebanon, a De Pauw sophomore, today held the Ulen Country Club champion-ship. He defeated William Appel of Indianapolis. 1 up. in Sunday's thirty-six hole title match. Pulliam was 3 up at the halfway mark, but Appel squared the match and went one up on the thirty-fourth green. Pulliam squared the match on the thirty-fifth green and ran down a long putt on the thirty-sixth to win. BEAUMONT IS CHAMPION By Times Special BEAUMONT. Sept. 19.—Beaumont Exporters, Texas League champions after four straight playoff triumphs over Dallas, will tangle with Chattanooga, Southern Association champions, in the annual Dixie series next week. Beaumont defeated Dallas. 4 to 2, in the final game of the Texas playoff Saturday. JERSEY PILOT WINS By Times Special WOODBRIDGE. N. J.. Sept. 19Bob Sail, Paterson <N. J.) pilot, captured the twenty-five-mile feature race at Woodbridge Speedway Sunday, setting anew record for the half-mile oval of 28 3-5 seconds for one lap. His time for twenty-five miles was 26 minutes 8 3-5 seconds. Maurie Rose, Dayton driver, was bruised and suffered a fractured collar bone in a spill. PORTSMOUTH PROS WIN By Times Special PORTSMOUTH, 0., Sept. 19. Sixty-yard touchdown sprints by Dutch Clark and Roy Lumpkin, and a 45-yard touchdown run by Gene Alford featured the 33 to 0 victory of Portsmouth Spartans over Grand Rapids in a professional football game here Sunday.

New York Stocks " 1 ■ 1 1 1 (By Thomson 61 McKinnon 1

—Sept. 19— Rsilrowdi— Prev. High. Low. 11 00 cioae. Atchison 504 47% 49** 504 Atl Coast Line 30 Balt Si Ohio 164 164 16% 17 Chea Ac Ohio .. 224 214 22'* 21 Chesa Corp ... 144 144 14>4 144 Can Pac 164 154 16 164 Chi Ort West... 34 34 34 3 4 Chi N West 94 84 C R I Sc P .... ... 74 Del L * W 344 32 4 34 354 Del Si Hudson 74 Erie 74 Erie Ist pfd 104 Oreat Northern . 144 14 144 144 Illinois Central.. 164 154 164 164 Kan City So 84 Lou Si Nash..... .. ‘ 26 M K St T 74 74 74 74 Mo Pacific ... 64 54 Mo Pacific pfd.. 104 104 104 10 N Y Central 24 4 23 4 24 4 24 4 Nickel Plate 154 N Y N H Si H 19 184 184 194 Nor Pacific ... 194 18 184 184 Norfolk Si West 100 O * W 94 Pennsylvania ... 174 17 174 174 Reading 39 4 Seaboard Air L 4 4 So Pacific 274 254 254 27 Southern Ry.... 114 104 IX*4 11 St Paul 24 ... St Paul pfd 44 8t LSi 8 F 24 ... Union Pacific.... 704 694 694 71 Wabash .. ... ... 3 W Maryland 8 7% 8 74 West Pacific ... ... 3 Equipment*— Am Car Si Fdy.. .. ... ... 114 Am Locomotive 84 Am Steel Fd 84 Gen Am Tank.... 19 General Elec 17 164 17 164 Gen Ry Signal 16 Lima Loco 144 Press Btl Car ... • ... 24 Pullman 20 4 20 20 20 4 Westingh Alrbrk ... 15 15 Westlngh Elec .. 29 28 4 29 28 4 Rubbers— Firestone 13 Fisk - 4 4 Goodrich 74 7 74 74 Goodvear 20 194 19 4 19‘2 Lee Rubber 64 64 U S Rubber 64 6 6 64 Motors— Auburn 50 49 4 494 504 Chrysler 16 154 15% 164 General Motors.. 154 154 154 154 Graham-Paige 24 24 Hudson 7 Hupp 3% 34 Mack 21 21 Marmon 24 Nash 144 13% 144 144 Packard 3% 34 34 34 Reo t ... 24 .. Studebaker 8 74 74 7% White Mot 254 Yellow Truck ... . ... 5 5 Motor Access— Bendix Aviation 11% 104 11% 11% Borg Warner 10 10 Briggs 5% 5% 5% 54 Budd Wheel ..7 24 24 El Auto Lite 18 4 El Storage B 23 Hayes Body 24 2 Motor Wheel ... 5 Murray Body ... ... 44 Sparks-W 3 24 Stewart Warner .. ... ... 54 Tlmkln Roll 164 16% Mining— Am Metals ... 54 Am Smelt 16% 154 15% 16 4 Am Zinc 4 4 Anaconda Cop.. 114 10% 104 114 Alaska Jun 9% 9% Cal Si Hecla 4% 4% Cerrn de Pasco.. 84 8 8 8 4 Dome Mines 114 Freeport Texas 234 24% Granby Corp ... ... 7% Great Nor Ore 8 Xnt Nickel 8% 8 4 84 8% Inspiration 4% Ist Crk Coal 16 Kennecott Cop.. 124 114 11% 114 Magma Cop .... 9 8% 9 Nev Cons ... 74 Noranda 18 17% 17% 174 Texas Gul Sul.. 20% 20 4 20 4 204 Oils— Amerada 20 20 Am Republic 16% 164 164 .. Atl Refining iep. Barnsdall 51/, Houston 314 34 indian Refining 2 Sbd Oil 13 Mid Conti 64 64 6% Ohio Oil 84 84 8% ”84 Phillips 6 5% 64 54 Prairie Pipe s% Pure Oil 5 5' ' Shell Un 6% 6% Con Oil 6% Skelly 4 Standard of Cal 26% 26 4 26 4 264 Standard of N J 31% 314 31% 314 Soc Vac ... 10 jo Texas Cos 14 13% 14 13% Union Oil 122. Steels— 8 Am Roll Mills 114 11 Bethnlhem 19% 19% 19% 29% Byers AM 154 14% 154 154 Ludlum gij 71 McKeesport Tin. 47 Midland " 71' Repub I & S ... 8 7% "j 84 U S steel 38 • 374 38 38% Vanadium 144 13% 13% 14 Tobaccos— Am Tob tAt new .. ... 73 Am Tob 181 new 75 74% 75 744 Lig Ar Myers 8.. 594 58% 58% 60 Lorillard 14% 14 s # 14% 1414 Reynolds Tob ... 33% 33% 33% 34% United Cig s,, UtiliUes— '*• Abltibi ... iv* 1% Adanis Exp 6% 6 ‘64 64 Am For Pwr 8% 8 8 4 8% Am Pwr &Li 11% 11 11 10% AT& T. ...109 1074 109 108% Col Gas Sc Et 15% 144 15 15 Com & Sou 3% 34 3% 3% Cons Gas 56% 55% 56% 56% El Pwr Si LI ... 9% 94 9% 9% Gen Gas (A) ... ii/ 2 ii, Inti TANARUS& T 9% 9** *3? Lou Gas & El.. .. ... 20 ion* Natl Pwr *Li 154 15% No Amer Cos 31% 31 % 31% 32'i Pac Gas &El . 30 30 4 Pub Serv N J.... 474 46% 46% 474 So Cal Edison.. .. ... 26% 274 Std G•& El 194 19% 194 20 United Corp .... 10% 9% 104 10% Uh Gaglmp. . 18% 184 18% 184 ut P*r <fc L A.. .. *s a West Union 34% 334 33% 33% Shipping— Am Inti Corp .. 7% 7% 7% 7i United Fruit ... ... 4 22 8 Foods— Am Sugar 2 74 Armour iA) '\v. Cal Pkg 12 s* Can Dry . 1134 8 Childs Cos , "6 Coca Cola 96 97 Corn Prod 46 45% 453. 47 Cuban Am Sug .. ... 2 i, 934 Gen Foods 28% 2 8% Grand Union ... 63. 3 8 Kroger 15 151 4 Nat Biscuit .... 39% 384 39% 38% N at J Dairy .... 20', 193. 19% 204 Purity Bak 93. 94 9 . 2 g,J Bafeway St 431 _ 491" Std Brands 14% 14% 143* 14s! Drugs— . Coty Inc 51* 511 P rus L 43 42 4 43 43% Lambert Cos 3914 39. 4

Produce Markets

Delivered in Indianapolis prices: Hens heavy breeds. 14c; Leghorns, 9c. BroiU f"' colored springers, 1% pounds up. 12c: oartlv feathered. 8c; Lehorn and black. 1% pounds up. 10c. Cocks ana stags 6c; Leghorn cocks. 4c. Ducks arlr fi full leathered and fat 4csmall full feathered and fat. 2c. Geese, full feathered and fat, 4c. Young and old guinpas. 10c. Eggs: Approved buving grades of Institute of American Poultry Industries No. 1 18c; No 2 12c; No. 3 7c. Eggs, country run, loss 14 n °; Butter. 22 to 23c: undergrades. 20 to 21c: butterfat. 18c. These orices for healthv stock, free from feed. No sick poultry accepted. Quoted bv the Wadlev Company. By United Press NEW YORK. Sept. 19— Potatoes—Dull; Long Island. $.4001.50 per barrel- New Jersey. *7o© 1.35: Maine 51.50© 1.60 per barrel. Sweet Potatoes—Dull; Jersey basket *.40@*1.00: Southern barrel *.7s©i 50Southern basket * 406.50. Flour—Quiet; Springs; patents *3 8004.15 per barrel. Pork-Steady: mess *19.25 per barrel Lard —Easy; middle west spot *5.20®5.30 per 100 pounds. Petroleum—Quiet. New York refined *.17 gallon. Crude Pennsylvania *1.31© 1.87 barrel. Grease—Steady;'brown *03©.03% Der lb.; yellow *.03©03% per lb ; white *.03'.©.04' per lb. Tallow— Steady; special to extra *.03%® 03% per lb. Common Hides—(cents per lb.l; inactive. Hides—City Packer (cents per lb ) quiet; native steers B%c: butt brands 8c; Colorado? 7%c. Dressed Poultry—(cents per lb.) quiet; Turkeys 10030 c; Chickens 15©25c; broilers 14©25: fowls 10022; Long Island ducks 12% ©lsc. Live Poultry—(cents per lb.) quiet; Geese B©l4c; Turkeys 15© 25c; Roosters. 11c; ducks, *©l7cfowls. 12®19c; chickens pullet 15©29c. Cheese—(cents per lb.) steady; Young America. 13%@T7%c. Butter—Market firmer; (cents per pound' creamery, higher than extras 21%®22c: exft-a. 92 score 21c; firsts, 91 score 20© 20c; flrsls, 88 to 89 score 18© 18%c: seconds 17©17%c. Eggs— Market firm. Special packs, including unusual hennery selections. 24© 28c; standards rehandled receip:s 21%@22c. , ■. ■ By United Press CHICAGO. Sept. 19.—Eggs—Market firm: receipts 8.242 cases; extra firsts 21021%; firsts 20©20%c: current rects.. 15® 19c: dirties 11©16%c. Butter—Market unsettled, receipts 7.443 tubs; extras 19%c; extra firsts IB%@i9',c: firsts 17@18c; seconds 15616 c; standards 20c. Poultry— Market about steady; receipts 1 car: 18 trucks; fowls 15©16c: springers 12614 c; leghorns, 11c: ducks. 11013 c; geese. 9© lie; turkeys, 10012 c; roosters lie; chickens 12613 c; leghorn broilers, H@ll%c. Cheese—Twins, 12%©12'i; young Americas. !2%©13c Potatoes—On track 354; arrivals 207; shipments 632; market about steady: Wisconsin cobblers 65®70c; lowa cobblers. 65© 70c; Missouri coblers. 60065 c; Minnesota triumphs. *1 00: North Dakota Red River Ohios. 75 0 80c: Minnesota early Ohios, 60®65c; Idaho russets *1.4001.45. By United Press CLEVELAND. Sept. I#.—Butter—Market Steady; extras 19%c; standards 20c Eggs - Market steady; extras, 24c; firsts. 20%c: current receipts . 19c. Poultry—Market steady; colored fowls, 15616 c; leghorn fowls. ll©12c; medium rollers, 14© 15c: heavy rump broilers, 16@17c; leghorn broilers. 13c; colored broilers. 15016 c; rock brothers. 13614 c; duck3. 10013 c: old cocks, 10© lie; young geese. 106 12c. Potatoes— Ohio. [email protected] per 100 lb. sack; Ohio and New York, 47®55c per btuhei.

Lehn Si Fink... 15% 15 154 15 Industrials— Am Radiator 8% 8% 8% 8% Gen Asphalt ie% 9% Otis Kiev 15 Ulen 1% Indus Cbems— Air Red 54 Allied Chem ... 72% 71% 72% 72 Com Solv 9’, 94 9% 9% Dupont 36’, 35% 36% 364 Union Carb 24% 24 24 24% U 8 Ind Alco . 28 4 28 28 27*4 Retail Store*— Kresge 8 S 11% 11% May D Store 13% Mont Ward 11% 10% 11% 10% Penny J C 21 21% Schulte Ret St 2 Sears Roe 20% 19% 204 20 Woolworth 364 36% 36 4 36%‘ Amusement*— Eastman Kod .. 51% 50% 51 52 Fox Film A 34 34 Grigsby Gru 1% 1% Loews Inc 29% 28% 29 28% Param Fam ... 3% 4 Radio Corp 84 84 84 84 R-K-O 4% Warner Bros ... 2% 2% 2% 2% Miscellaneous— Congoleum 10 Proc St Gam 32 32 Allis Chal 10% Am Can 504 49 504 50% J I Case 46 43 4 46 43% Cont Can 294 29 29’* 29% Curtiss Wr 2 1% 2 2 Gillette 8 F 174 174 174 17% Gold Dust 16% 164 16% 164 Xnt Harv 23 214 23% 22 Real Silk ... ... . 5% Un Arcft 23 21% 23 22% Transamerica .. ss,5 s , 5% 54 54

MINERS MIKE PLEAS 17 Deny Guilt in Violating Picketing Injunction. Pleas of not guilty to federal charges of contempt of court in connection with alleged violation of a mine picketing injunction were entered today by seventeen of eighteen miners arraigned before Federal Judge Louis Fitzhenry. Peorgia, 111., here today. Four other defendants failed to appear and will be arraigned later. Those held were accused of participation in a rot? 6 several months ago at the Hoosier coal mine, near Dugger, Ind., after 'issuance of the injunction by Fitzhenry. Charges against a number of others under bond in the Hoosier mine riot, and charges against all defendants in the Dixie Bee mine riots, formally were dismissed to day by George R. Jeffrey, district attorney. The only defendant to plead guilty was Charles Ashburn, who will be sentenced later. Those pleading not guilty were: Robert and William Alembaugh, Harold Benefie], Michael Convey, Noble Cox, Floyd (Fligsi GUlaspie, Bond and James Hickman, Opal Hixon, Earl Kale, Ide Medley, Dan Nusbaun, Ray Reynolds, Elmer Rooksberry, Oil Trilby. Hugh (Buck) Ward, and Robert White. 17.

A. P. SALES DECREASE FROM PREVIOUS YEAR Selling of Merchandise Totaled 490,487 Tons in August. By Times Special NEW YORK, Sept. 19.—Sales of the Great Atlantic & Pacific Tea Company for the five weeks’ period ending Sept. 3 were $79,316,702. This compares with $93,981,527 for the same period in 1931, and is a decrease of $14,664,825, or 15.60 per cent. August sales, expressed in tons, were estimated at 490,487 this year, compared with 507,772 in August, 1931. This is a decrease in quantity of merchandise sold of 17,285 tons, or 3.40 per cent. Average weekly sales in August were $15,863,340, compared with $lB,796,305 in 1931, a decrease of $2,932,965. Average weekly tonnage sales were 98,097, compared with 101,554 in August, 1931, a decrease of 3,457.

Investment Trust Shares

(By Abbott Hoppin & Cos.) PRICES ARE TO 12 NOON C, S. T. —Sept. 19— Bid. Ask. Am Founders Corp com 1.25 1.50 Amer and Gen Sec (A) 5.00 10.00 Am Inv Tr Shares 2.00 2.50 Basic Industry Shares 2.30 2.50 Collateral Tr Shares (At .... 3.00 3.50 Sorporate Trust new 1.76 1.81 Cumulative Trust Shares .... 2.90 3.00 Diversified Tr Shares iAI .... 7.75 .... Fixed Tr Oil Shares (At 6.50 7.00 Fixed Tr Oil Shares iß'., 5.50 6.00 Fundamental Trust. Shares (Ai 3.15 3.25 Fundamental Tr Shares <Bl.. 3.15 3.25 Leaders of Industry IAI 2.75 3.00 Low' Priced Shares 3.12 3 50 Mass Inv Tr Shares 14.37 15.87 Nation Wide Securities 2.70 2.80 N American Tr Shares 1.92 .... Selected Cumulative Sh 5.50 5.87 Selected Income Sh 2.75 3.12 Shawmut Bank Inv Tr 2.50 .... Std Amer Trust Shares 3.00 3.25 Super Corp of Am Tr Sh 2.90 3.00 Trustee Std Oil (AI 3.67 3.87 Trustee Std Oil iBl 3.50 3.87 U S Elec Light & Pwr (A).. 16.50 17.00 Universal Tr Shares 2.15 2.25

New York Curb Market

(By Thomson Si McKinnon) —Sept. 19— ’ 11:00' 11:00 Alum Cos of Am 55% Ford of England 4 Am Cynamid .. 5 iMidwest Util ... % Am Gas & Elec 30'LMo Kan Pipe .. % Am Lt Si Trac.. 18% Mt Prod 4% Am Super Pwr 5% Nia Hud Pwr .. 15 Ark Gas (A1... 2%|Penroad 3 Asso Gas * El 3% Salt Creek 5 Can Marconi .. I%'Sel Indus 1% Cent Sts Elec.. 3%jStd of Ind 23% Cities Bervice.. 4 Stutz 18% Com Edison.... 74 lUnited G inewl 2% Cord 5 Un Lt &Pr (A) 5% El Bond & Sh. 25% Un Verde . 3% Ellec Pwr Asso. 6%IUn Fndrs >

New York Bank Stocks

(By Thomas & McKinnon) —Sept. 17Bid. Ask. Bankers 67 69 Brooklyn Trust 190 205 Centra! Hanover 138 142 Chase National 38% 40% Chemical 37'a* 39% City National 48% 50% Corn Exchange 73 76 Commercial 167 ' 175 Continental 20 22 Empire • 28% 30% First National 1.605 1,705 Guaranty 307 312 Irving 25% 27% Manhatten & Cos 37 39 Manufacturers 31% 33% New York Trust 98 101 Public 31% 33% Union Title 38 51 New York Liberty Bonds —Sept. 17— .... , Close Liberty 3%5. 47 101.12 Liberty Ist 4%5, 47 102 16 Liberty 4th 4%5. 38 103 11 Treasury 4%5. 52 103.12 Treasury 4s. 54 104 21 Treasury 3%5. 56 102 16 Treasury 3%5. 43. March 100.21 Treasury 3%5. 49 96 io Treasury 3s, 55 gg 31

In the Cotton Markets

Chicago —Sept. 17— . V cn Off January 1 6.95 March 7 04 May 7.14 July 7.32 October 6.75 December 6 93 New Tork * High. Low. Close. January 7.12 6 84 6.84 March 7 25 6 95 6 95 May 7 36 7.06 7.06 July 7.46 7 18 7 18 October 6.94 6 85 6.65 December 7.07 6.80 8.80 L New Orleans High. Low. Close. January 7.11 6 81 6 81 March 7.25 6.94 6.94 May a* 7.34 7.02 7 02 July ... October 6 94 6.62 8.6.7 December 7.06 6*74 6.74

THE INDIANAPOLIS TIMES

SWINE MARKET GAINS 5 CENTS AT CITYYARDS Cattle and Calves Uneven; Lambs Off, Selling at $6 Down. Prices on hogs at the Union Stockyards this morning were steady to 5 cents higher. The bulk, 120 to 325 pounds, sold for $4.15 to $4.40, with early tops holding at $4.45. Receipts were estimated at 6.00 C; holdovers were 307. In the cattle division there was hardly enough stock on hand to test the market. Sentiment was' lower. Receipts numbered 650. Vealers moved around 50 cents lower than Saturday's prices, selling at $6.50 down. Receipts were 300. Lambs were weak to more than 25 cents lower, with the general run selling around $6 down. Top price was $6.25. Receipts were 1,500. With the market not established in early trading, prices on hogs at Chicago were steady with Friday’s trend. The bulk of 190 to 200 pounds was bid in at $4.50, with no early bids on packing sows. Receipts were 28.000, including 10,000 direct; holdovers 2,000. Cattle receipts were estimated at 24,000; calves 2,000; market steady to 25 cents lower. Sheep receipts, 20,000; market, unchanged to 25 cents, lower. Hogs Sept. Bulk. Top. Receipts. 12. $4.15® 4.55 *4.55 500 13. 4.15<5: 4.60 4.60 6,000 14. 4.1541 4.50 4.55 6.500 15. 4.05@ 4.40 4.45 6,500 16. 4.054?) 4.40 4.50 4,000 17. 4.00® 4.40 4.45 1.500 19. 4.150 4.45 4.45 6,000 HOGS Receipts, 6,000; market, higher. <l4O-160? Good and choice. ..* 4.25 —Light Lights—-(l6o-180) God and choice 4.35 —Light Weights—-(lßo-200) Good and choice... 4.40 (200-220) Good and choice... 4.400 4.45 —Medium Weight—-(22o-250) Medium and g00d... 4.40® 4.45 (250-290) Good; and choice... 4.30® 4.35 —Heavy Weights—-(29o-350) Good and choice... 4.00® 4.30 —Packing Sows—-(3so-500) Medium and g00d... 3.00® 3.75 (100-120) Slaughter pigs 4.00® 4.15 CATTLE Receipts. 650; market, steady. Good and choice $ 7.75010.00 Common and medium 4.250 7.75 (1,000-1,800) Good and choice B.oo® 10.25 Common and medium 6.00® 8.00 —Heifers— Good and choice 6.50® 8.00 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 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, 300; market, lower. Good and choice $ 6.00® 6.50 Medium 5.50® 6.00 Cull and common 3.00® 4.50 —Calves — Good and choice 4.25® 6.00 Common and medium 3.00® 4.25 —Stocker and Feeder Steers— Good and choice \ <r. •. 5.00® 6.25 Common and medium 3.50® 5.00 (600-1,500) Good and choice. 5.00® 6.25 Common and medium 3.50® 5.00 SHEEP AND LAMBS Receipts, 1,500; market, lower. Good and choice $ 5.00® 6.25 Common and medium 2.50® 5.00 Ewes, medium and choice I.oo® 2.00 Cull and common 50# 1.00 Other Livestock By United Press CHICAGO, Sept. 19.—Hogs—Receipts, 28.000, including 10,000 direct; slow, steady to strong with Friday’s average; 180-220 lbs., $4.40®4.55t top. $4.60;- 230300 lbs.. *4.05®4.45; IRM7O lbs., $4.25® 4.55; pigs, $3.75®4.25; packing sows, s3® 3.90; light lights. 140-160 lbs., good and choice, [email protected]; lightweights, 160-200 lbs., good and choice, $4.3004.60; medium weights, 200-250 lbs., good and choice, $4.25®4.60; heavyweights, 250-350 lbs., good and choice, $3.75@ 4.35; packing sows, 275-500 lbs., medium and good, $3®3.90; slaughter pigs. 100-300 lbs., good and choice. *3.7504.25. Cattle —Receipts, 24,000; calves, 2,000; strictly good and choice steers and long yearling steady to 25c lower; weighty kinds holding up best; bidding 25©40c lower on rank and file sters and yearlings; butcher she stock weak to lower; bulls steady to weak; vealers 50c lower; early top fed steers, $10.25; slaughter cattle and vealers: Steers, 600-900 lbs., good and choice, $7.25®9.75; 900-1,100 lbs., good and choice. $7.25©9.75; 1,100-1,300 lbs., good and choice, $7.75®10.40; 1,3001,500 lbs., good and choice. $8®10.50; 6001,300 lbs., common and medium, s4®B; heifers, 550-850 lbs., good and choice, $6.50 ©8.50; common and medium, [email protected]; cows, good and choice. $3.25®4.75; common and medium. *[email protected]; low cutters and cutter cows. *1.65©2.75; bulls, yearlings excluded, good and choice, beef, $3.65 05; cutter to medium, $2.25®3.65; vealers. milk fed, good and choice, $6.50® 7.50; medium, *5®6.50; cull and common, $3.50@5: stocker and feeder cattle; Steers, 500-1,050 lbs., good and choice, $5.75®7; common and medium. $3.50®5.75. Sheep— Receipts, 20,000; killing classes slow, weak to 25c lower: feeders active, strong; early bulk desireable native lambs. $5©5.50; few, $5.75©6; bidding $5.50 on choice westerns: selected feeders, $5.25© 5.40;, slaughter sheep and iambs, lambs. 90 lbs. down, good and choice, ss©:6; medium, $4.25®5; all weights, common, $3.5004.25; ewes, 90-150 lbs., medium to choice, $1.25©2.50; all weights, cull and common, 75c®$2; feeding lambs. 50-75 lbs., good and choice, [email protected]. ByVnitcd Press EAST ST. LOUIS, 111., Sept. 19.—Hogs— Receipts, 11,000; market, unostly steady; spots 5c lower; top. $4.45" bulk. 150-260 lbs.. [email protected]; 330 lbs., $4.10: 100-150 lbs., $4®’4.30; sows. $3©3.65. Cattle—Receipts, 8,000; calves. 3,000; market, not developed on steers, mixed yearlings, heifers and cows, with indications weak to lower; bulls and vealers steady: nominal range slaughter steers. $3.75®9.75: slaughter heifers, *3 ©8: top sausage bulls, $3.25; good and choice vealers, $6.75; slaughter steers, 6001,100 lbs., good and choice. *7.2509.50; common and medium, $3.7507.25; 1,1001,500 lbs. choice. $9.2509.75; good. $7.25® 9.25: medium, ss© 7.25. Sheep—Receipts, 7.000, including 4,000 through; market, lambs opened weak to 25c lower; throwouts and sheep steady: better lambs to small killers. $5.50©5.75; packers talking around *5.25 for bulk; throwouts. $3®3.50; fat ewes. $1.50 down; lambs. 90 lbs. down, good and choice. $5®5.75: medium. *4®s: all weights, common, *3®4; ewes. 90-150 lbs., medium to choice. *l©2; all weights, cull and common. 50c© $1.25. By United Press TOLEDO. Sept. 19 —Hogs—Receipts, 350; market, slow; steady: heavy Yorkers. *4.40 ©4.50: mixed, $4.40©4.50; bulk. $4.40® 4.50; pigs. $3.75®4; lights. *4; roughs, *3® 3.25. Cattle—Receipts, 150; market, slow, good to prime steers, $7.50®8.50; fair to choice heifers, *4.50©6; good 'to choice stockers, $4.5005. Calves—Receipts, light; market steady; choice to extra, *7®B; fair to good, *6.50© 7. Sheep and lambs—Receipts. light; market, steady: yearlings, *3 @4.40; spring lambs. $3 0 5.50. By United Press EAST BUFFALO. N. Y.. Sept. 19.—Hogs —On sale, 6.100; acti -e, steady with Friay’s average; bulk good to choice. 160-200 lbs., *4.85: sparingly. $4.90; 210-240 lbs., *5: 265-300 lbs., *4 50® 4.85; 120-160 lbs., $4.60; mostly, *4.75. Cattle Receipts, 2,200; holdovers, 275: two-way trade; strictly good and choice steers and yearlings active, steady to strong; medium and lower grades slow, largely 25c lower; choice 1.000-1.100 lbs . 5909.75; top. $9.90: Sood steers and yearlings, *7.(5© 8.85: eifers, $7.75 down; shortfeds and fleshy grasser. •$5.75©7.25: fat cows, *3.2504; cutter grades. $1.75®2.75; medium bulls. $3 @3.35. Calves—Receipts, 800; vealers, unchanged; good to choice, $8: common and medium, *5.2507. Sheep—Receipts. 4,800; lambs rather slow, better grades 15© 25c lower; others weak to slightly lower; good to choice, mostly $6 25; common and medium. $4.500.5.25; bucks at outside price; sheep steady. By United Press PITTSBURGH. Sept. 19.—Hogs—Receipts, 3.000: market, stead* to 5c higher: 160240 lbs . *4.70® lbs., *4.40® 4.65: 100-140 lbs.. 1404.50; packing sows, 03 25©3.75. Cattle —Receipts, 1,300: market, steady: common to medium steers and yearlings. *s© 6 50; better kinds. *7: gras* heifers. *3.50© 5; common and medium cows. *2.50©3.50. medium bulls, *3© 3 25; calves, receipts. 500; market, steady; better grade vealers. *6.50© 7.50. Sheep—Receipts, 6,300; market, steady to 10c lower: good to choice lambs. *5.75© 6.25; buck %mbs, *5.25 downward; throwouts, *2@ By United Press LAFAYETTE. Ind.. Sept. 19.—Hoes— Steady: tic up: 225-275 lbs.. *4.15?.35; 275-325 lbs.. 53.0004.10 W 180-MS lbs, $4.15© 4.20: 140-I*o lbs., *3.90© 4.10' 100140 lbs.. *3 5003.70: roughs, ft.so down; top caivas, *6, top lambs, (5.

BELIEVE IT or NOT

V;V„- FOP. ONE j I T 'onecJ tor VnetJ • . j Ngr o 1 Sam F'AhCibCo l '* s> bol'ci crs> !*?<-' ' Grown in New Zeet'.virui if -IT 15 POSSIBLE FOP A i . '■ ''M; BaTTCRTo REACH FIRST SAFELY been found jj | ’ ON A FOUL FLY THAT IS CAUGHT Zmwm 11® I PJHB Q - AND SCORE ON A FLY 000,001,999,83?, 550 §| rsi 11, ]JI( THAT IS CAUGHT/ OF* grain ' J- J (Only 2 Sells Pitched- The San in No folks, Delays, *—> PoRTo Rico BLEY/ a House Sftolehlfoses or-ErrorsllaHS *"-•■'. completely upside Down Sept.S.iw -jj / Ureal Britain righti rnrrvfd. ' o bdehevelt^^/"dOOK'WILL BE GIVEN FOR.THE CORRECT.SOLUTION

Dow-Jones Summary

Canadian loadings of freight cars in week ended Sept. 10 were 44.278 cars, against 41,521 in the previous week and 53,368 last year. Delaware river joint commission rejected proposal from syndicate of New York banks to purchase *15,000.000 five per cent Delaware river bontts at 97. Louisville Gas and Electric declared the regular quarterly dividends of *1.73 on 7 per cent preferred, $1.50 on 6 per cent and $1.25 on 5 per cent preferred stocks, all payable Oct. 15, of record Sept. 30. Atlantic Coast Line in July reported net loss amounting to $1,152,236 after charges, against $895,179 in 1931; seven months’ net loss totaled $3,180,036, against net income of *4,217,386 in 1931. Gold stocks in United States made gain of *4,127,400* Friday, according W gold statement of New York federal reserve bank. Connecticut General Life Insurance Company declared the regular quarterly dividend 01 30 cents, payable Oct. 1, ol record Sept. 20.

Local Wagon Wheat

City grain elevators are paying 42c for No. 2 soft w'heat. Other grades on their Other Livestock By United Press CLEVELAND, Oept. 19.—Hogs—Receipts, 2,000: holdover, none; mostly steady; 160300 lbs., *4.65; odd choice packages! *4.70; 150 lbs. down, [email protected]. Cattle—Receipts, 1.200; steady to 25c lower; common to low medium steers around S4©6 kinds predominating; good 860-lb. weights, *8; sausage bulls around *3®3.75; calves, receipts, 600; steady; good to choice vealers, $7.50®8; cull to medium, *4©6.50 mostly. Sheen—Receipts, 4,000; steady; desirable fat lambs. $6©6.25; few to local killers, $6.50; common throw'outs, $4.50. By United Press FT. WAYNE. Ind., Sept. 19. —Hogs—sc up: pigs, *3.50©3.75: light lights. $4©4.20; lights. [email protected]: mediums. $4.30© 4.40; heavies, *4®4.20: light roughs, $3.25©3.50; heavy roughs. s3© 3.25; stags, s2© 2.50; calves, *7; ewe and wether lambs, $5.50; bucks, $4.50.

State Teachers to Open 79th Parley Here Oct. 20

Daniel Poling, Noted Dry Leader, on Program for Convention. Seventy-ninth annual convention of the Indiana State Teachers’ Association, which has a membership of 15,000, will be held in ‘lndianapolis Oct. 20 and 21, with various sessions scheduled for the Severin and Lincoln, the Murat theater and Cadle tabernacle. Beginning Oct. 18, the annual parent-teacher program will be held three days at the Severin. The county superintendents will meet Oct. 19 in advancePof the convention, in the Travertine room of me Lincoln. First general session of the association will be held the morning of Oct. 20 in the tabernacle. The session Oct. 21 will be in two divisions, one at tabernacle, the other at the Murat theater. Miss Clara Rathfone of Logansport is president of the association and will preside for the first time here, receiving the gavel from Milo H. Stuart of Indianapolis, retiring president. Speakers will include Daniel A. Poling, New York, one of the leaders in the search for Raymond D. Robins, Chicago, missing dry leader. Poling, editor-in-chief of the Christian Herald, is chairman of the United Commission on World .Temperance and president of the National Society for Enforcement of Prohibition. Other speakers are: Ray Lyman Wilbur, secretary of the interior; Senator Arthur Robinson; Claude G. Bowers, author, or Newton D. Baker, former secretary of war; Allen D. Albert, secretary of the Chicago world fair commission; Francis Kirkham of Columbia university, New .York; and Charles A. Beard. New •Milford, Conn., educator and historian. Music will be provided by the Cathedral choir of De Pauw university, and the Murat Chanters.

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

All items in Ripley’s “Believe It or Not” in Saturday's Times were self-explanatory. Tuesday—The Winged Menace.

The City in Brief ,

TUESDAY EVENTS Young Lawyers’ Club, luncheon, Washington. Rotary Club, luncheon, Claypool. Gyro Club, luncheon. Spink-Arm*. Mercator Club, luncheon, Columbia Club. Republican Veterans, luncheon, Washington. Architectural Club. luncheon. Architects 1 and Builders’ building. American Chemical Society, luncheon, Severin. Universal Club, luncheon, Columbia Club. • Zonta Club, luncheon. Columbia Club. Socialist party, meeting, 7:30 p. m.. Columbia Securities building. Found by detectives with a quantity of new wearing apparel in their possession, Henry Vanderwood, 32, of 417 West Vermont street, and Preston Lane, 38, of 535 West Twenty-seventh street, were arrested Saturday. It is alleged the clothng was stolen from the Boston store, 355 West Washington street. Meeting of Major Robert Anderson Women’s Relief Corps will be held at 1:30 Tuesday afternoon at Ft. Friendly, 512 North Illinois street. Stripped of six ‘wheels and a like number of tires, an automobile of costly make was found Saturday in a gravel pit near Millersville. The car b'ore Ohio license 419-880 issued to Frank Froibi, Columbus, O. Burglars Sunday night entered the home of Mrs, Martha Van Wie, 401 West Forty-sixth street, through an unlocked side door and took $34 from roomers in the house, she reported to police today.

In the Air Weather conditions at 9 a. m.: South-southwest wind, fourteen miles an hour; temperature, 74; barometric pressure, 30.07 at sea level; ceiling, high broken clouds, unlimited; visibility, twelve miles. TAKE LEGION POSTS Irvington Poet Battle Over Jurisdiction Is Ended. With a battle over district jurisdiction ended, new officers of the Irvington Post No. 38, American Legion, took over their duties today, William H. Keller, newly-elect-ed commander, announced. Albert F. Mfeurer, former city councilman, and Charles O. Warfel, former post commander, were named delegates to the Eleventh district meetings of the legion. Keller and Merrill J. Woods were named alternate delegates. Other officers are: Charles J. Spotts. first vice-commander; Joe E. Wood, second vice-commander; Charles A. Broadhead, adjutant; Edwin Koon, finance; Max Norris, historian; the Rev. Guy O. Carpenter, pastor of the Irvington M. E. church, chaplain. Ray Woods, William O. Boyd, Glenn Brock, Norman Shortridge and Dr. Harry H. Nagle, are directors. GETS DRY TERM ON FARM Ed Gardner Draws SIOO and Costs, 120 Days at Farm. Arrested on blind tiger charges Saturday when a police squad found seven gallons of alcohol hidden in his home, Ed Gardner, 35, of 1547 Cornell avenue, was sentenced today to 120 days on the state penal farm and fined SIOO and costs by Municipal Judge William H. Sheaffer. Lewis A. Williams Buried Funeral services were held today for Lewis A. Williams, president of the J. S. Cruse Realty Company, 138 North Delaware street, who died Friday at his home, 3143 North Capitol avenue, after a two hours’ illness of heart disease. He was a former monarch of Sahara Grotto. Burial was in Crown Hill cemetery. *

RY Bartered C. • I 1 JL Patent Off lea RIPLEY

Bright Spots of Business

By United Press NEW YORK, Sppt. 19.—An extra week's pay was distributed as a bonus to employes of Lowitz & Cos., members of the New York Stock Exchange. SCHENECTADY, N. Y.—The slump has passed and all business signs are favorable, J. G. Barry, vice-president in charge of sales of the General Electric Cos., said. DETROIT—Truck and Commercial car sa ‘ e s >n the United States during August equalled or slightly exceeded those lor July, according to R. L. Polk & Cos. SHARON, Pa. —Shenango Furnace Company's plant at Sharpsville resumed operations today, it was reported. tjASHINGTON— Lumber orders in the weefc ended Sept. 10 were 58 per cent above production, according to reports from 6-7 mills to the national association of lumber manufacturers. CHlCAGO—Carloadings of the Chicago, Rock Island and Pacific Railway in the first ten svorking days of September were 20 per cent higher than in the corresponding period of August, it was reported. YOUNGSTOWN. O.—American Sheet and Tinplate Company's Farrell plant employing 1,800 men, increased operations to 100 per cent today, the first time at capacity in two years. FOIL JAIL SUICIDE Matrons Keep Woman From Battering Skull. Attempt of Mrs. Druzella Tracy. 30, of 1411 Nordyke avenue, to commit suicide at the city prison today was frustrated when fellow prisoners called matrons. Arrested early today on charge of drawing deadly weapons, Mrs. Tracy was placed in a cell with a number of other women to await hearing. Climbing the wall by clinging to the cell bars, she attempted to dash her head against the cell ceiling, other prisoners told matrons and police who seized the woman. When taken to the city hospital, physicians there reported that concusions on Mrs. Tracy’s head were painful, but that her condition is not serious. BUDGET VOTE SLATED AT COUNCIL MEETING Final Action on 1933 Funds to Be Taken Tonight. Final action on the 1933 city budget will be taken at a special council meeting tonight, at which the public will have an opportunity to prevent its views in regard to adoption or further reduction in the appropriation requests submitted by Mayor Reginald H. Sullivan a week ago. Tax reduction organizations are expected to make a final appeal for a slash of $675,000 from the total budget of $7,468,754.59. At a meeting Friday night, at which department heads discussed ’appropriations with the council, it appeared that the majority of the council favored approval of the budget without further reduction in salaries of city employes or pruning of supply items.

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

PAGE 9

MAJOR 6RAINS HOLD FIRM IN LIGHTSESSION Corn and Oats Steady to Lower; Foreign News Cables Bullish. BY HAROLD E. RAIWILLE l nitfd Pres* Staff Correspondent CHICAGO. Sept. 19.—Unexpected strength at Liverpool more than offset the lower stock market today and wheat opened firm with fractional gain on the Board of Trade. Continued dryness in northern Argentine and continued small on passage stocks gave the English market its strength on short covering. Business was small at the start with little pressure and scattered buying. Corn and oats were easy but rye was firm with wheat. Wheat Prices Soar At the opening wheat was unchanged to % cent higher, corn was unchanged to % cent lower, oats were unchanged to % cent lower and rye was unchanged to % cent higher. Provisions were dull, steady. Liverpol was stronger than expected and continued to advance steadily, standing •% to \ cent higher at mid-afternoon. Strengthening of Canadian exchange and the relative steadiness in wheat prices there on the, improved export demand suggests foreign call may be extended to American hard winte? wheat before long. Foreign news is more bullish. Corn at Low Levels Corn is near its season’s low levels, checking selling, but a big crop now is assured and is safe from frosts. American corn is selling close to the Argentine article, but is in competition with Danubian corn. Oats likewise are hovering near the season's low levels. Consumption is at an average rate, but supplies are large and so far have exceeded demand.

Chicago Grain

-Sept. 17— „„ . Primary Receipts Wheat 1.357,000 Corn 708,000 Oats 277,000 Futures Range —Sept, 19WHEAT— p rev . „ , High. Low. 10 00 clot el December ... ,53' 2 .53'* .53’ 2 ,53ti May 58 3 .58>4 .88 H .58H CORN December ... 29’., ,29Vi 2gi 2 29'i Mav 34 3 a .34** .34 ,34 s * OATS— December .... 17’,* 17' 2 .17’* 17’, M rye— 2034 • 2 ° s * ' 2 ° s ® ' 2 ° B * December } 33’ 333, May 38H .38'* .38*i .38'A LARD— October ... 4 g 7 January ... ' 4^5 Bit Times Special CHICAGO, Sept. 19—Carlots: Wheat. 41s corn, 187; oats, 24; rye, 1, and barley, 3. Bi/ United Press CHICAGO, Sept. 17.—Cash grain close. Wheat—No. 2 red a2* 4 c; No 2 red weevlly. 51 ,4c; No. 2 hard, 52’ic; No. 2 northern weevily, 51> 4 c. Corn—No. 2 mixed, 29V 4 'T 29' 2 c; Corn No. 1 yellow, 30c; No. 2 yellow. 29' j®3oc; No. 3 yellow, 29’ 4 c; No. 8 Yellow, 28':c; No. 2 white, 29' 2 ®293 4 c. Oats—No. 2 white, 17'ic; No. 3 white. 1744 17*.c. Rye—No. 431 *.4c; barley. 25®37c, Timothy—s2.2s(g2.so. Clover—ss.so®9 50. Bii United Press TOLEDO. Sept. 17.—Grain close. Grain in elevators transit billing. Wheat—No. 2 red, 53' 2 ®54' 2 c. -Corn—No. 2 yellow. 33 ®34c. Oats—No. 2 white,.2o® 2l'c. Rye— No- 2, 41 @42c. Track Prices—2B'ic fate. Wheat—No. 2 red, 48'/atf?49c: No. 1 red 1 premium. 49', 2 ® 50c. Corn—No. 2 yellow 29 ®29'2C: No. 3 vellow, 28®,28> 2 c. Oa's—' ¥o 2 white, 17@18' 2 c; No. 3 white, I6i® li'tc. Barley—No. 2 33®34c, Toledo seed close: Clover—Prime.- 5.50®5.75; alsike cash, $5.50®5.75. Produce—Butter. 25c. Eggs—l9'/ 2 c®2oc. Hay—Boc per cwt.

Chicago Fruit

By United Press r CI }J£ AGO 19.—Apples—Illinois Wealthies bushel, $1©1.10; Mrlntosh. bushel, 90c@$l. Canteloupes—Western Ilats. 50© 75c; Michiean crates. 40® 85c, Meions—Western honev dews 75c® $1 25 Pears —Michigan Bartletts bushel sl© 125others bushel, 500 65c. Peaches—Michi--5?" Ajbertas bushel. 900*1.35: hai’s bushel,' *1.75© 2. Grapes—Michigan. 4-quart baskets Concords. B®9c; 12-quart baskets. Concords, 18® 20c. Active Markets Indiana Utility Preferreds T. P. Burke & Cos. Incorporated SUITE 222 CIRCLE TOWER PHONE Riley 8836

★ Safety for Savings Fletcher American NATIONAL BANK South wut Corner of Market ond Pennsylvania

Branches All Over Town -tfletchrr (Trust I • Company J

Checking Accounts Interest Paid On SAVINGS And Certificates of Deposit AETNA Trust and Savings Cos. *3 North Pennsylvania street Lincoln 7371