Indianapolis Times, Volume 44, Number 113, Indianapolis, Marion County, 20 September 1932 — Page 11

SEPT. 20, 1932-

STOCK SHARES SHOW LOSSES IN DULL TRADE Continued Selling in United States Steel Marks Early Decline.

Average Stock Prices

Average of thirty industrials for Monday, high 67 40. low 64 62. last 65 08. oft 1 38. Average of twenty rail*, 32.62, 31.17, 31 43. off .61. Average of twenty utilities 29 67, 28 46, 28.70. Average of forty bonds 80 89. oft .04. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Sept. 20.—Further selling In United States Steel common marked the early trading on the Stock Exchange today. The general market opened iregularly lower and moved over an uncertain course. * Steel common opened at 36, of! U, and then cased toward the 35 level. The preferred opened unchanged at 68, and was steady around that level. There was no other pressure on the list. Prices of leaders in many groups drifted down in light turnover. Only meager support developed. American Telephone opened at 105 ex-dividend, off ’* and then recovered the loss. Public Service was down to 47, off a point. Other utilities were unchanged to off fractionally. Western Union lost % to 32 3 i.

Bank Clearings

INDIANAPOMS STATEMENT —Sept/ 20 — Clearings $1'562,000.00 Debits 4,360,000.00

Foreign Exchange

(By Abbott, Hoppln & Cos.) —Sept. 20— I Open. Sterling, England 3.47% Franc. France 0391 13-16 Lira. Italy 0512% Franc, Belgium 1385'* Mark. Germany 2381 Guilder. Holland 4016 Peseta, Spain 0819 Krone, Norway .1747 Krone. Denmark 1801 Yen. Japan 2412

New York Bank Stocks

(By Thomson & McKinnon) —Sept. 18— Bid. Ask. Bankers 68 70 Central Hanover 144 148 Chase National 39 41 Chemical 37% 39% City National 49 51 Corn Ekchamge 73 76 Commercial 165 175 Continental 20 22 Empire 28% 31% First National 1,620 1,720 Guaranty 311 316 Irving 25% , 27% Manhattan k Cos 38% 38% Manufacturers 31V* 33 % New York Trust 97% 100% Public 31% 33% Union Title 48 51

Tim

EIGHTY women took part in a twenty-seven-hole invitational golf tournament at the Willowbrook course Monday, playing eighteen holes over the short, course and nine the par forty regulation layout. Miss Elizabeth Dunn, city champion, was low gross shooter for the entire distance, taking 109 blows. Mrs. I. G. Kahn of Broadmoor was second with 115, and Mrs. A. A. McClamroch of Frankfort and Mrs. George Stewart of Pleasant Run tied for third. Mrs. C. A. Jaqua and Miss Mary Gorham tied for fifth place. Low net prize for the twenty-seven-hole event went to Mrs. C. N. Warren, who had 192 gross and a 33 handicap for net 99. Many other players figured in the twrnty prizes awarded for low net counts. Miss Dunn also captured the prize for the low gross score over the short eight-een-hole course, getting a 63. eight over par. and Mrs. Carl McCaskey pounded out a 44 over the par 40 long nine. n n tt Another pro-amateur was held at Crawfordsville Country Club Stonday, and forty-eight leading pro and amateur player* took part. Once again the boys trailed Neal Mclntyre, Highland pro, who teamed with Hungate, an Indianapolis amateur, to total a best ball score of 64. Second place went to Phil Talbot of Bloomington, who played with Phillips of South Grove, Indianapolis, for a 65. Russell Stonehouse, Riverside prOi playing with Richard K.eil of Washington high school, tied with Massie Miller, South Grove pro. and Pasco of Greenfield with 67s for third place. i tt a a THE Avalon Club and flight championship matches have moved along even faster than scheduled. Herman Sielken, once state champion, has worked his way to the final match again this year, and will tackle Jack Thibodeau for the toga. Herman defeated Paul Whitamore in the semi-finals,, 4 and 2, while Thibodeau was forced to go twenty holes to gain a one up margin over Dr. F. l. Cooper. ta a a In tha second flight, E. E. Krutsinger defeated Guy Street in the semi-finals. 5 and 4, and will play Guy Craig, who defeated Lee Hanson in a semi-final tilt, 3 and 2. O. E. Voglegsang will plav T. H. David for the title of the third flight. In the semi-finals, Voglegsang defeated Dr. Clark Day. 5 and 4. while David trounced Dolly Gray, 4 and 2. In the fourth flight. Earl Hunker advances into the finals through a default in the semi-finals by Paul Fishback, but Dr. E. A. Woods was battled to the end by Robert Craig before gaining a 2 and 1 win. J. H. King defeated Bob Barnaby. 5 and 4 to reach the finals of the fifth flight and will battle Ken Miller in the finals. MU er defeated Dr. A. M Hetherington, 3 and 3. In the last flight. H. P. Jungclaus and R. W\ Hebson meet for the final award. Jungclaua defeated F. L. Warner in the semi-finals. 3 and 2. while Hebson defeated R, L. Davidson. 4 and 3 tt tt a The Highland men's championship has reached the semi-final stage with the calender for flext week calling for MaxBuell against F. P. Davis in one thirtysix hole encounter and Ralph Burdick against Jim Stevenson in the other. In tha Quarter finals last week. Buel defeated Bill Van Landingham. 8 and 7, while Davis was obliged to go twenty holes to defeat Joe Stout, one up Burdick defatted Frank Blnford. 4 and 3, and Stevenson edged out a close verdict over Henry Simons, 1 up. BRITISH WOMAN LEADS By United Press , MONTREAL. Sept. 20.—Paced by young Mrs. Alex Gold of England, thirty-two qualifiers teed off today on the first round of match play in the Canadian women's open golf championship over the Kanawaki club course. Mrs. Gold captured medalist honors Monday by touring the tricky course in 82, five over par, leading a field pf sixty-one competitors. ‘Miss Pegs/ Wattles of Buffalo, N. Y., qualified in second place with an 85.

New York Stocks "" 1 i*v Thomson A McKinnon

—Sept 36 Railroads— Prev. High. Low. 11:00 Close Atchison 50 s * 48 505* 48% Atl Coast Line 27% 27 27% 28 Bait k Ohio ... 18 15% 15% 15* Che t & Ohio , 22 s * 21% 22% 22 s * Chew Corp .... 14% 14 14% 14>i Can Pe 16% 15% 18% 15 s * Chi Grt West ... ' 3>t Chi N West. Bs*8 s * Bs*8 s * 8% 8% C R I k P 7% 7N Del L k W 3% 34% 38% 34=* Erie 8 ... 8 7% line Ist pfd 9 s * 10 Great Northern 13 % 14 Guff Mob k Oil 6 Illinois Central 16*4 16 ‘4 Kan City So 7% Lou <st Nash ... ... 25% M K A T Bs*8 s * 7*4 8% 8 Mo Pacific 9% Mo Pacific pfd 10 9% 10 9% N V Central... 24* 23% 24% 23% Nickel Plate. . 6 NY N H A H 18 s * 18'* 18*4 18% Nor Pacific 18% 17% 18% ... O A W 94* 9 94* 944 Pennsylvania .. 17% 1744 1744 1744 Reading 35 ... Seaboard Air L *4 S So Pacific 27 26 Va 27 26 Southern Ry 1044* 10% St Paul 2* 2* St Paul pfd 444 4% St L A 8 P 2*4 244 Union Pacific .. 70 6944 70 6944 Wabash 3 W Maryland 744 744 West Pacific 34* Equipments— Am Car A Fdy 10% ... Am Locomotive 944 Am Bteel Fd 8% Gen Am Tank ... 18% General Elec ... i 6V* 16% 16% 1844 Gen Ry Signal 16 16 Pullman 2044 20% Westingh At B I*4* Westlngh Elec.. 29 2844 29 28*4 Rubbers— Firestone 13 13 Fisk 44 44 Goodrich 744 1 744 . 7 Goodyear 19 1844 1844 1 9 Lee Rubber ... ... 5% U S Rubber.... 5% 544 544 6 Motors— Auburn 50 49 50 *9 Chrysler 16% 15 s * 15% 15 s * General Motors 15 44 15 154* 15 Graham-Paige .. 2 s * 2 s * 244 2% Hudson 6% 6% Hupp ... 3 7 a Mack 21 % 21% Marmon ... 2 7 i 2% Nash 1 * 1 2. 14'* Packard 3 s * 3 *2 3% 344 Reo . - .. 34* Studebaker 7 s * 7% 7 = 2 7*4 White Motors 244* Yellow Truck 44* 444 Motor Access— Bendlx Aviation 11 10% 11 10% Borg Warner ... 10% 10% 10% 10% Briggs 5% 5*4 544 54* Budd Wheel 1 24a Eaton ... 644 ... El Auto'Lite 1844 El Storage 8... 23 Hayes Body ... 244 144 Houda .. ... 3 Motor Wheel 7.. 5 Murray Body 444 Sparks-W 3 Stewart Warner. .. ... ... 544 Tlmkefl Roll ‘ 16 17 Mining— Am Metals 544 Am Smelt 16 1934 15 3 / 1544 Am Zinc 4>4 4 Anaconda Cop... 1044 1044 1044 1044 Alaska Jun 10 10 Cal & Hecla 444 43*4 Corrode Pasco.. B’/ 7 7 844 84* Dome Mines 114* 11% Freeport Texas.. 23 3 4 23% 23 3 4 23*4 Granby Corp 64* 644 Great Nor Ore 744 Int Nickel 8% 844 8% B*2 Inspiration 4 3 /4 Isl Crk Coal 16 Kennecott Cop... 12=4 11 s 4 li 7 /4 1144 Magma Cop ' 84a Miami Copper 3% 4 Noranda 17*4 1 744 1744 1744 Texas Gul Sul... 2044 2044 2044 2044 Oils— Amerado 19*4 Am Republic 1644 Atl Refining ... 1644 1 644 1 64* ... Barnsdall 5 544 Houston 344 3 44 Indian Refining .. •... 2 2 Sbd Oil 1344 1 3'i Mid Conti 644 644 Ohio Oil 844 844 Pan-Amer B 134-2 Phillips 5% 6 Pure Oil 4 7 5 Royal Dutch ... 2144 214* 21*4 ... Shell Un 64-a 6 3 4 Cons OH 644 654 644 64* Standard of Cal 26 25% 26 26 Standard of N J 314* 30% 31 s * 3044 Soc Vac ... 9% 944 Texas Cos 1344 1344 1344 1344 Union Oil 12 1244 Steels— Am Roll Mills... 114* 1044 114* 1044 Bethlehem 1944 1 94* 194 a 19 Bvers A M 15 14 s * 15 15 Colo FUel 844 Ludlum 644 McKeesport Tin * 47 Midland 7 44 6% 744 7 Repub I & S. 8 7*4 8 7% U S Steel 36*4 35% 36*4® 3644 Vanadium ~... 13% 13% 134* 1344 Youngst SAT 15V* Tobaccoa— Am Bumatra 7% ... Am Tob (A) new .. ... ... 72 Am Tob IB) new 7444 73% 74% 73% Lig A Myers B 60 594* 60 594s Lorillard 1644 1 5 ' 15 14% Reynolds Tob.. 3344 33% 33% 33% United Cig 44 - 44 Utilities— Abitlbl 1% 14s Adams Exp 6% 6 6% S4s Am For Pwr 8% 7% 844 8 Am Pwr A LI 10% A T A T 106% 10544 106% 108 Col Gas A El 15 14% 15 1444 Com A Sou 344 344 344 344 Cons Gas 56 554* B 6 5544 E! Pwr A LI 944 944 944 9% Gen Gas (A) .. 1% 144 Inti T A T 10% 10 10% 10% Lou aGs & El.. 20 Natl Pwr A Li.. 15 15 No Amer Cos 3 1 3044 3 1 30% Pac Gas A El 29 44, Pub Serv NJ. ,r. 474* 47 47% 48 / So Cal Edison 26% 26% Std GA El 19 18% 19 18% United Corp .... 9% 9% 9% 9% Un Gas 1mp.... 19 1844 19 1844

Produce Markets

Delivered in Indianapolis prices; Hens, heavy breeds. 14c; Leghorns. 9c. Broilers. colored springers, IV* pounds.up. 12c; barebacks and partly feathered. 8c: Leghorn and black. 1% pounds up. 10c. Cocks and stags. 6c: Legnorn 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 grades of Institute of American Poultry Industries No. 1. 18c: No. 2, 12c; .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. By United Press NEW YORK. Sept. 20.—Potatoes Steady: Long Island. 40c®51.50 per barrel: New Jersey, 70cft.51.40; Maine. *1.5001.60 per barrel; Idahot $2.50 per sack. Bweet potatoes—Steady; Jersey basket. 50c@$l; southern barrels. $101.50; southern baskets. 35®50c. Flour—Dull; springs; patents, *[email protected] per barrel. Pork Easier; mess. *18.25 per barrel. Lard Steadv; middle west spot. [email protected] per 100 lbs. Petroleum—Steady: New York refined. 17c gallon; crude Pennsylvania, $1.37 01.87 barrel. Grease—Quiet; brown, 3® 3%c per lb.; yellow. 3@3%c per lb.; white, 3%®4 s 4 c per lb. Tallow—Quiet; special to extra, 3%®3%c per lb. Common hides —Du':l. Hides—Citv packer, dull; native steers, B%c lb.; butt brands, 8c lb.; CoV>rados, 7%c lb. Dressed poultry—lrregular; turkeys. 10@28c; chickens. 140 25c; broilers. i4O 25c: towls. 10ft 22c; Long Island ducks. 12%@15c. Live poultry—Quiet; feese, 8014 c: turkeys. 15®25c; roosters. lc: ducks. B®l7c; fowls. 12@19c: chicken pullets, 18@22c. Cheese—Steady; young Americas, 13%®17%c. Butter—Market barely steady; creamery higher than extras. 21%@22c: extra, 92 score, 21c: firsts, 91 score. 20ft20%c; firsts. 88 to 89 score,, 18@18%c ;seconds. 17®17%c. Eggs—Market, firm: special packs, including unusual hennery selections. 34%®28%c; standards/ 28@24c; rehandled receipts, 21%@22c. By United Press CLEVELAND. Sept. 20— Butter—Steady; extras. 19%c: standards. 20c. Eggs—Market. steady; jextras, 24c; extra firsts. 20%c; current receipts, 19c. Poultry—Market, steady; colored fowls, 15®16c; Leghorn fowls, lift 12c: heavy rump broilers, 160 l'c; Leghorn broilers. 13c; colored broilers, 15016 c; Rock broilers, 13014 c: ducks, 10®12c; old cocks, 10011 c; young geese, 10ft 12c. Potatoes—Ohio. 90c®$l per 100lb. sack; Ohio and West Virginia, So@ssc per bushel sack.

By United Press CHICAGO. Sept. 30—Eggs—Market, firm: receipts, 4,393 cases; extra firsts. 21ft21l*c; firsts, 21@2IV*e; firsts. 20® 20%c; current receipts. 15@19c: dirties. Uftlß%c. Butter—Market, steady; receipts, 10,786 tubs; extras. 19%c; extra firsts. 18%ft 19%c; firsts. 17® 18c; seconds, 15016 c: standards, 20c. Poultry—Market, steady to firms; receipts. 48 trucks; fowls. 15016 c: springers. 13%®14c: Leghorns, 11c; ducks. 110 13c: gese, 9® lie; turkeys, 10012 c: roosters, lie; chickens. 12%0 13%c; Leghorn broilers. ll%c. Cheese— Twins. 12%®12%c; Young Americas. 12%® 13c. Potatoes—On track. 330; arrivals. 83; shipments. 521: market, du'l; Wisconsin Cobblers, 650 70c Minnesota Cobbler*, 70c: Early Ohios, 60®65c; Idaho Russets, $1.3001.40. By United Press CINCINNATI. Sept. 20—Butter—Packing stock No. 3.12 c: No 3. 8 c; butterfat, 14® 16c. Eggs—Steady, cases Included, extra firsts. 23c; seconds, 16%c; nearby ungraded. 21c. Live poultry—(following quotations represent prices for poultry in good healthy condition. Thin and coarse, stock sells only at heavy discount.) Frfwls 5 lbs. and over. 14c; 3 lbs. and over. 12c; Leghorns, 3 lbs. and over. 10c; roosters. 7%c: colored broilers. 1 lb. and over, 16c; 1% lbs. and over, 16c; 3 lbs. and over, 13%e; fryers. 3 lbs. aad over. 13c; roasting chickens. 4 lbs. and over. 14c; partly feathered. 10c: Leghorn brollars, 1 lb. and ovar, 15c; 1% lbs. and over, 13c; 3 lbs. and 2'TE- black springei*. 10c; ducks under 3 lbs. sell at liberal concessions; spring ducks, white, 4 lbs. and over. 12c; under 4 lbs., 7c; colored 4 lbs. and over, 9c; under 4 Ibs.. 7c; guineas, 10c; spring guineas 1% lbs. and over. Lie; 3 lbs. and over. 18c; turkeys. No. 1 hens. 8 lbs. and over, 18c; young toms No. I, 10 lbs. and over, 15c,

Ut ?wr ALA 5% West Union 334a 32% 33% 33% Shipping— Am Inti Corp... 8 7% 8 74a United Fruit ... 22% 22% 22% 21 s * Foods— Am Sugar 27 Armour (Ai 1% 1% Cal Pkg 12% Can Dry 11% Childs Cos 5 5% Ccca Cola 96 95 96 95 Cent Baking A ... 5% Corn Prod / 484* 44t 464* 46% Crra Wheat 23 % Cuban Am Sug 2% 2% Gen Foods 29 98% 29 38% Grand Union 6% Herahey 58 58 Kroger 154* 15 15% 15 Nat Biscuit .....38% 38% 38% 3844 Natl Dairy 30 19% 20 19% Purity Bak .... 9% 9% 9% 9% Plllsbury 15% ... Safeway St 49 48% Std Brands 14% . 14% 14% 144* Drugs— Coty Inc 1. .. >.. 5 * 5% Drug Inc 41% 41% 41% 42 Lambert Cos ... 41 4044 41 3944 Lehn A Fink 15% 15% Indastrlals— Am Radiator .. 8% 844 843 844 Bush Term 6 Gen Asphalt 944 Otis Elev 15 14% 14% 15 Indus Chems— Air Red 54% 53% 54% 52% Allied Chem ... 72% 7144 72% 71Y* Com Solv 9% 9% Dupont 36 3544 36% 35% Union Carb ..... 24% 23% 24% 234* U S Ind.Alco ... 27% 2744 27 % 2744 Retail Store*— Assoc Dry Gds.. 7% 6% 744 % Gimbel Bros 3% 2% Kresge 8 S 11% 11% 11% 11% May D Store 13% Mont Ward 1244 11V* 12% 11% Penny J C 20% 2044 20% 21% Sear* Roe 21% 19% 20% 19% Woolworth 36% 36 3644 36% Amusements— Eastman Kod... 51 5044 51 50% Fox Film A 344 3 344 3 Grigsby Gru. 1% 1% Loews Inc 28% 2844 2844 28% Caram Fam 4 3% 3% 3 7 adlo Corp .... 8% 8 8% 8 R-K-O 4% ■Warner Bros ... 2%' 2% 2% 2% Miscellaneous— Airwsv App 3 Citv Ice A Fu. .. 13% 13 13 Congoleum 9 7 4 9% 9% 10% Proc A Gam 314* Allis Chal 9% Am Can 49% 48% 49 48% J I C sae ..... 43% 42% 43% 42 Cont Can 294* 29% Curtiss Wr 2 2 Gillette SR. . . 17*4 17% 17% 17% Gold Dust 164* 1644 16V* 16% Int Harv 2244 21% 22% 21% Int Bus M 97 Real Silk 5% 5% Un Arcft 23% 22% 23% 22% Trangamerica .. 544 5% 544 544

.The City in Brief

WEDNESDAY EVENTS Kiwanls Club, luncheon, Columbia Club. Lions Club, luncheon, Washington. Purdue Alumni Association, luncheon, Severin. American Legion, Twelfth district, luncheon, Board of Trade. Spanish Club, meeting, night, Washington. Firemen’s post, American Legion, meeting, night, Washington. L. B. Shiez, Indianapolis, accountant for the Public Service Company of Indiana, was appointed chairman of a committee of accountants to draw up a simplified plan for submitting reports to the public service commission. COWAN LEGION LEADER Newly Elected Officers of City Post to Be Installed Oct. 2. Newly elected officers of MaddenNottingham post No. 348, American Legion, will be installed Oct. 2. The new leaders of the post are: Alfred Cowan. commander; Bavard Marsh, adjustant; Orville Drake, first vice-commander; James Dunlop, second vice-commander; Robert White, finance officer; Jess Green, chaplain; Joseph Cain, sergeant-at-arms; Earl Meyers, historian; James A. Thomas, service officer; Wilfred Bradshaw, publicity officer, and Wilfred Singleton, athletic officer. M’NUTT TO GIVE TALK Governor Candidate to Speak at Sullivan County Rally. Democrats continued their intensive campaign with two meetings on today's program. Paul V. McNutt, tandidate for Governor, will be the principal speaker at a Sullivan county meeting tonight while Mrs. A. P. Flynn, Democratic state vice-chairman, and Albert Stump, Indianapolis attorney, will speak at a woman’s organization meeting in Anderson. In the Air ' Weather conditions at 9 a. m.: Southeast wind, 13 ipiles an hour; temperature, 61; barometric pressure, 29.92 at sea level; ceiling, overcast, moderate rain, light fog, estimated 500 feet; visibility, 2 miles. Electrocuted in Mine Mishap By United Press LINTON, Ind., Sept. 20.—Ivan Moody, 31, was electrocuted at the Twin coal mine near here when he touched a high tension wire. Moody was riding in an automobile and arose as the machine passed under the wire.

Investment Trust Shares

(By Abboit. Hoppin & Cos.) PRICES ARE TO 12 NOON C. S. T. —Sept. 20— Bid. Ask. Am Founders Corp com 1.25 2.00 Tmer and Gen Sec (A) 5.00 10.00 Am Inv Tr Shares 2.12 2.50 Basic Industry Shares 2.23 240 Collateral Trustee Shares A 3.00 < 3.50 Cumulative Trust Shares 2.80 3.00 Diversified Trustee Shares A 7.75 Fixed Trust Oil Shares (A) 6.50 7.00 Fixed Trust OH Shares (B) 5.50 6.00 Fundamental Trust Shares (A) 3.00 3.25 Fundamental Trust Shares B 3.00 3.25 Leaders of Industry (A)..... 2.75 3.00 Low Priced Shares 3.12 3.50 Mass Inv Trust Shares 14.25 15.75 Nation Wide Securities 2.70 2.80 North American Tr Shares.. 192 1.97 Selected Cumulative Shares. 1.95 2. 09 Selected Income Shares 2.75 3.35 Shawmut Bank Inv Trust... 2.50 Std Amer Trust Shares 3.00 3.25 Super Corp of Am Tr Shares 2.70 2.80 Trustee Std Oil A 3.50 3.87 Trustee Std Oil 181 3.50 3.87 U S Elec Light & Power A 16.25 17.25 Universal Trust Shares 2.19 227 Corporate Trust New ,r 1.74 1.81

New York Curb Market

(By Thomson & McKinnon) —Sept. 20— 11:00 11:00 Alum Cos of Am 57 Goldman Sachs 3% Am Cynamid .. 4% Int Pete 10 Am Gas At Elec 30% Insull Ut % Am Lt As Trac.. 19% Midwest Util ... % Am Super Pwr 5% Mo Kan Pipe .. % Ark Gas (Ai.. 2% Newmont Min... 14% Braz Fwr k Lt 10% Nia Hud Pwr... 15% Cent Sts Elec.. 3% St Regis Paper.. 5 Cities Service. 3% Std of nld 23% Cord 4% Stuta 16% Deer At Cos 11 United G (new) 2% Elec Bd At Bh. 25% Un Lt kPr (A) 6 Ford of Can ... 8% Un Fndrs 2 Ford of Eng ... 4 New York Liberty Bonds % —Sept. 19— Liberty 3%s ’47 100.14 Liberty Ist 4%s '47 : 103.16 Liberty 4th 4%s '3B 103.13 Treasury 4%s '52 108.18 Treasury 4s -54 i04.34 Treasury 3%s '56 103.17 Treasury 3%s '47 100.18 Treasury 3%s '43 March 100.35 Treasury 3%s '43 June 100.23 Treasury B%s '49 98.8 Treasury 3s 55 97. Chicago Stocks Opening (By Abbott, Hoppin & Cos.) —Sept. 20— Asso Tel UtU... 2%!Cont Chi com... 2% Bendix Aviation 10% Com Edison ... 73 Borg Warner .. 10% Middle west % Cities Service.. I\ Swift Cos 9% Cord Corp 5 lU 8 Rad As Tl. 9% NEW YORK COFFEE RANGE —Sept. I* „ High. Low. Close. “•rch - 6)34 6.28 8.34 M*? 8.14 6.08 6.14 September 7.80 7.80 7.80 December 6.88 <65 t. 86

THE INDIANAPOLIS TIMES

PORK MARKET STEADY TO 10 CENTSJ.OWER Lamb Prices Forced Down; Cattle, Veals Mostly Stationary. Swine market at the city stock yards this morning displayed a weak trend, with prices mostly steady to around 10 cents lower than Monday's average. The bulk, 100 to 350 pounds, sold for $4 to $4.35. Ear’y top held at $4.35. Receipts were estimated at 7,000; holdovers, 150. General trade developed slow in the cattle market on a light demand with a lower tendency. Receipts wese 1,500. Vealers displayed a steady trading range, selling at $6.50 down. Receipts numbered 400. Lambs continued weak with prices dropping around 25 cents under Monday’s decline. The general run of lambs sold at $5.75, while a small lot of choice and weather stock was salable at -46. Receipts were 2,000. . Early bids on hogs at Chicago were mostly steady at Monday’s average, with indications pointing lower. The bulk, 190 to 210 pounds, was bid in at $4.50; best kinds held ; upward to $4.60, while smooth light sows sold up to $3.85. Receipts were ; estimated at 15,000, including 3,000 direct; holdovers, 5.000. Cattle receipts numbered 8,000; calves, 2.000: market stationary. Sheep receipts were 14,000; market, steady. Hogs Sept. Bulk. Top. Receipts. 13. $4.15(8. 4.60 $4.60 6,000 14. 4.15® 4.50 4.55 6.500 15. 4.05-3) 4.40 4 45 6,500 18. 4.05® 4.40 4.50 4,000 17. 4.00® 4.40 4.45 1,500 19. 4.15® 4.45 4.45 6.000 20. 4.00 ® 4.35 4.35 7,000 HOGS Receipts, 7,000; market, lower. (140-160) Good and choice....s 4.17® 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... 4.40® 4.45 —Medium Weight—-(22o-250) Medium and good .. 4.40® 4.45 (250-290) Good and choice... 4.20® 4.30 —Heavy Weights—-(29o-350) Good and choice... 4.00® 4.20 —Packing Sows—-(3so-500) Medium and g00d... 3.00® 3.75 (100-120) Slaughter pigs 4.00® 4.10 CATTLE Receipts, 1,500; market, steady.’ Good and choice $ [email protected] Common and medium 4.25® 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, 400; market, steady. 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 5.00® 625 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, 2,000; market, lower. - Good and choice ....$ 4.75® 6 00 Common and medium 2.50® 4.75 Ewes, medium and choice I.oo® 2.00 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO, Sept. 20.—Hogs—Receipts, 16,000, including 2,000 direct; very slow, steady to weak, spots, s@loc lower; 180220, lbs., [email protected]; top, $4.55; 230-260 lbs., $4.20®4.40; 140-170 lbs., $4.25®4.50; pigs. [email protected]; packing sows, s3® 3.90; light lights, 140-160 lbs., good and choice, [email protected]; light weight ISO-200 lbs., good and choice; [email protected]; medium weights, 200-250 lbs., good and choice, $4.25®4.55; heavy weights, 250-350 lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium and good, [email protected]; slaugh--100-130 lbs., good and choice, $3.7504.25. Cattle—Receipts, 8,000; calves, receipts, 2,000; choice fed steers and yearlings. firm; weak undertone on lower grades; butcher she stock slow, steady to weak; bulls, 10@15c lower; vealers around 25c lower; early top weighty steers and lone yearlings 1,000; slaughter cattle and vealers: steers, 6TO-900 lbs., good and choice. $7%'i®.9.75; 900-1100 lbs., good and choice, $7.25(59.75; 1100-1300 lbs., good and choice. $7.75® 10.40; 1300-1500 lbs., good and choice, $8010.50; 600-1300 lbs., common and medium. s4@B; heifers. 550-850 ibs., good and choice, [email protected]; common and medium. [email protected]; cows, good and choice, $3.25®4.75; common and medium, $2.75(83.23; low cutter and cutter $1.50®2.75; bulls, yearlings excluded, good and choice beef, *3.65 05; cutter to medlum, $2.25®3.50; vealers milk fed, good and choice, *6@7- medium. s4.soft 6; cull and common, [email protected]; stockef and feeder cattle; steers, 500-1050 lbs. -mod and choice. $5 75® 7; common and medium, $3.50®5.75. Sheep—Receipts, 14,000steady to weak; inbetween grade lambs, shade lower in instances; good to choice natives, $5®5.50 to packers; few $5.75(56; to city butchers; bidding $5.50 on westernsslaughter sheep and lambs: 90 lbs. down, good and choice, $506; medium, $4.25® an r lghts i ommon - [email protected]; ewes! 90-150 lbs., medium to choice. $1.25 0 2.50all weights cull and common, 75c® $2 : feeding lambs: feeding lambs, 50-75 lbs., good and choice, [email protected]. By United Press * EAST ST. LOUIS, Sept. 20.—Hogs—Remarket 5® 10c lower with bulk, 170-230 lbs $4.3004,35; small lots. $4.40; 100RA°rin S % $4 (f n L? S; sows, [email protected]. CattleKeceipts, 5,000; calves, receipts, 2.000* *l ot developed on steers;%underweat:: early sales mixed yearlings, heifers, cows and bulls, steady; vealers. 25c higher at $7; cows, largely [email protected]; low cuters. [email protected]: top sausage bulls $3 25 Sheep-Receipts. 2.500; nyirket. few sales to smali killers steady; better lambs. $5.50 ®5.i5; one \ lot. $8; packers talking 25c lower; sheep', steady; $1.50 down. * By United Press i J’£ i 'T s BURGH, Sept. 20.—Hogs—Receipts. about 5c higher: 160-210 lbs., 250 J? 00 lbs- $4.4504.70; pigs. $4.2504.50; packing sows, [email protected]. Cattle—Receipts. 50; market, around steadyvariable steers yearling quoted s6®7kind downward to $4; grass heifl t5 S dn!' 3 * 5 Pn® 5 V' c . omm °n and medium cows, [email protected] Calves—Receipts. 100; marke*. steady; god to choice vealers. $6.50(57.50. ?, h „ eP 1 p “ Rec . ei '?. s v 1 - 26 °. market, steadv to 25c low-er; bulk better grade lambs, *5.75® .kJ 3 , ] ambs u * 5 downward: throwouts. s2@4; god wethers up to $2.75. By United Press LAFAYETTE. Ind.. Sept. 20—Market 5 15 £, I , l i we T.i, c 220 ' J25 lbs " $4.20; 225-275 ‘ bs .- * 4 -l°. 275-300 lbs.. $4; 300-325 lbs., JL 85 /.^ B^:2oo^ * 4 15 i 150-180 lbs.. *4.10; 150-160 lbs.. *3.90; 130-iSO lbs.. *3.70: 100J 2? ’ bs - *3 50: light roughs, $3.50: heavy roughs $ 2 .75; calf market, steady, top, *6; lambs steady, top $5. By United Pre? 1 Sept ' 2 °—:Hogs—Receipts, 1.300, holdover none; mostly steady; spots IS 4 r iA l6o ' 3oo v lbs - *4.65; 150 lbs. down, $4.2504.50; rough sows, largely $3.50. Cat--205: !ow S ra de steers on peddling basis, demand narrow, active steady; few sales cutter to common, s3® 4.50; cutter to common cows, S2S3 25sausage bulls also steady, *2.75 down' Calves—Receipts, 500; steady; good to choice vealers. s7.so®s; cull to medium *4 06.50. Sheep—Receipts. 1,500; lambs mostly 25c lower, spots more below Monday's extreme sales: bulk, *S downwardcull to medium. *3®s. ’ By United Press FT. WAYNE. Ind * Sept. 20.—Hogs Market. 5c off; pi* *[email protected]: light lights. *4?4TO; ligfifs, *4.1504.25; mediums. $4 [email protected]; heavies, *4® 4.25; light roughs. *303.25; heavy roughs, 12.5003 stags. $202.50: calves. *8.75: ewe and wether lambs, *5.25 ;bucks, $4.25. By United Press EAST BUFFALO, Sept. 20.—Hogs—On sale, 1.000; active, steady: good to choice 160-200 lbs., mostly *4!85; 210-240 lbs! quoted to *5; 130-160 lbs., generally $4.7$ Cattle—Receipts, 200; cows fairly active’ steady: cutter grades, *1.7502.75; little done on grass steers: few fleshy kinds *6.25. Calves—Receipts, 100: vealers active. fully steady; bulk better lots. $8 50common and medium, *5.2507. Sheep | Receipts, 700; lambs, weak to mostly 25c lower: active at decline; good to choice moderately sorted, *8; few. *6.25; common and medium, $4.5005; bucks at outside price.

BELIEVE IT OR NOT

" "Volar. Bears j University I IN PUBLIC ZOOS 6 W curt.Tt P t DO ACT SUFFER FROM HE AT / STAIRS on wm m the arctic OTHER tAOSOOIToes ✓// ft/ ! ' ... ONE X/Sy | I v A METAL BALL -UEIQHINQ 9000 LBS. dropped 3o feet and Balanced on the 1 1 o=^-J round surface OF a steel Roll/ ■ * *■**

Dow-Jones Summary

Southern Pacific Company has been authorized by I. C. C. to issue $5,916,000 of San Fran Terminal first mortgage bonds in reimbursement of capital expenditures and to pledge the bonds as collateral for short term notes. Bankers acceptances outstanding at the end of August amounted to $681,405,807, a decrease of $23,180,785 from end of July; since Aug. 31, 1931, the total has fallen to $408,934,042. Commercial Discount Company declared the regular quarterly dividends of 20 cents on series a preferred and 17% cents on series B preferred, both payable Oct. 10, of record Oct. 1. Income tax receipts during first sixteen days of September totaled *84,385,412, against $153,407,828 in first sixteen days of September 1931; miscellaneous internal revenue reflecting influence by new taxes increased by approximately $23,500,000 to $44,560,741. Conde Nast Publications Inc. is re questing holders of the $1,000,000 outstanding three-year sinking fund 6 per cent notes due Dec. 15, 1932, to accept for each SI,OOO note SI,OOO first mortgage 6% per cent gold bonds to mature Dec. 15, 1937 and SIOO cash. Dailev average production of crude oil in United States in week ended Sept. 17. totaled 2,175,127 barrels daily, an increase of 24,970 barrels over preceding week, according to Oil and Gas Journal. American Maize Products Cos. declared the regular quarterly dividend of 25 cents on common stock. Arundel Corporation in eight months ended Aug. 31, earned $2.23 a share on 492.556 shares, against $3.09 in like 1931 period. Indiana Pipe Line Cos. declared an extra dividend of 5 cents and a dividend of 10 cents on $lO par capital stock, both payable Nov. 15, of record Oct. 21. British Columbia Power Corporation and subsidiaries in year ended June 30. earned $2 a share on 1,000,000 class A shares, against $2.43 a share in preceding fiscal year. Gotham Silk Hosiery Cos. declared the regular quarterly dividend of 51.75 on preferred, payable Nov. 1 of record Oct. 10. Shasta Water Cos. declared the regular quarterly dividend of 37% cents a share on Class A stock, payable Oct. 1 of record Sept. 20.

In the Cotton Markets

CHICAGO —Sept. 19— High. Low. Close. January 7.23 6.99 6.99 March •. 7.33 7.09 7.09 May 7.45 7.15 7.22 July 7.51 7.33 7.33 October 7.02 6.73 6.85 December 7.18 6.86 6.96 NEW YORK January 7.17 6.82 6.93 March 7.30 6.93 7.04 May 7.40 a ' 7.16 July 7.50 'i... .24 October 7.00 6.65 6.75 December 7.15 6.78 6 89 NEW ORLEANS January 7.27 6.82 6.97 March 7.27 6.93 7.06 May ...' 7.38 7.03 7.17 July 7.50 7.12 7.25 October 6.96 6.67 6.75 December 7.14 6.77 6.89 Other Livestock By United Press CINCINNATI, Sept. 20.—Hogs—Receipts, 4,200, ineluding 253 direct and through, holdover none, fairly active, 20 to mostly 25c lower on 180 lbs. up, lighter weights 10c lower, better grade 180-230 lbs., $4.50; a few 230-270 lbs., $4.2504.40; 160-180 lbs.. $4.40; 130-150 lbs., $4.15; sows about steady at $303.25, mostly. Cattle—Receipts, 800; calves. 300; lower grade steers and heifers, comprising bulk of supplies, very draggy; about steady where sales could be made; a few common and medium grades, s4@6; plainer cutter material downward to $3 or below, other classes unchanged, most beef cows, $2.75@ 3.25; good few individuals quotable up to S4; bulk low cutters and cutter cows, $'.75 02.25; bulls. $3.50 down. Vealers active, steady to 50c higher; good and choice handy weights, $6,500; 7; lower grades, $6 down. Sheep—Receipts, 1.000; iambs* mostly steady ot strong, spots 25c higher, medium to good lambs. $5.50(36.25: one deck good fed lambs averaging 73 lbs. and closely sorted, $6.75; common and medium, s3@s; fat ewes, $101.50, largely. By Times Special LOUISVILLE. Sept. 20.—Cattle, 175; fresh supplies light; moderate holdover from Monday: market around steady with Monday's downturn; bulk common and medium steers and heifers. $3.2505.25; better finished kinds eligible $6.50 or better; most beef cows, $2.5003.25; low cutters and cuters, $102.25; bulk bulls, $2.75 down; bulk Stockers and feeders, $4.5005.50. Calves—Receipts. 300; steady; bulk better light vealers, $505.50: medium grades and most heavy calves, $3.5004.50; throwouts, $3 down. Hogs—Receipts. 700; weights. 170 lbs., down. 15c lower; all others, 25c lower; 175-240 lbs.. $4.25; 245-295 lbs.. $3.80; 300 lbs. up $3.40; 140-170 lbs.. $3.80; 135 lbs. down, $3.30; sows. $1.9002.65 and stags, $1.70. Sheep—Receipts, 300; lambs, generally steady; bulk better grades. $505.50; choice scarce eligible to around. $6; most buck lambs. $404.25; medium and lower grades. $3 50 down; fat ewes. $1(32; bulk stock ewes, $5.50 per head down. Monday’s shipments—B6s cattle; 504 calves, and 340 sneep. By United Press TOLEDO. Bept. 20 —Hogs—Receipts. 300; market, steady. Cattle —Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts. light; market, steady.

0n re<jaeßt ’ Bent ***** stamped addressed envelope, Mr. Ripley "iH furnish proof of anything depicted by him.

All items in Ripley's “Believe It or Not” which appeared in Monday’s Times were self-explana-tory. Wednesday: “A Record in Oyster Shucking.” ASSAILS FARM BOARD FOR COTTON ACTION “Three Major Failures” Are Pointed Out by Texas Leader. By United Press FRENCH LICK, Ind., Sept. 20. Objections of the cotton industry to governmental intervention were cited by J. W. Garrow, Houston, Tex., today in an address before the Grain and Feed Dealers National Association convention here. Garrow pointed to “three major failures of the federal farm board” in its efforts to maintain a high cotton market. He described them as “the 16-cent loans, extensive speculation in the future market, and the 90 per cent loans.” “The big club the farm board has been wielding against private competition is the government subsidies the co-operatives enjoy—subsidies not to agriculture but to corporations handling at most 1 per ceqt of production,” Garrow declared. “In the long run, it might prove fortunate that the government delved deeply into the cotton and grain trades. Being two of the largest industries, the government’s failure has been of such colossal proportions as to have attracted nationwide attention.

Chicago Fruit

By United Press CHICAGO. Sept. 20.—Apples—Illinois Wealthies, bushel [email protected]; Jonathans, bushel, $1(3:1.25; Michigan Wealthies, bushel, $101.10; Mclntosh, bushel, 90c(351. Cantaloupes—Western flat, 50@75c; Michigan crates, 40®85c. Melons—Western Honey Dews, 75c@$l. Pears—Michigan Bartletts. bushel, $101.25. Peaches — Michigan Albertas. bushel, $10.1.25; Hails, bushel, $2. Grapes—Michigan 4-quart baskets. Concords, B®9c; 12-quart baskets. Concord. 19®20c; Indiana 12-quart Concords, 190.20 c. , Births Girls Jesse and Mabel Pdllock. 18 North Rural. Clayton and Margaret Estep, 1032 North Holmes. Theodore and Anna Archer, 2043 Roosevelt. Jesse and Nancy Floyd, Methodist hospital. Kenneth and Donna Shelburne. Methodist hospital. Charles and Martha Book, 5901 E. Washington. John and Cuma Lawrence, 2959 Hillside. Charles and Cora Jenkins, 1312 Booker. Walter and Pauline McKinney. 1005 Vi North Illinois. Forest and Sylvia Gribben. 1212 South Pershing. Raymond and Gertrude Chevalier, 2159 Winter. Clyde and Margaret Jarrett, 618 Berwick. James and Martha Crenshaw, 5474 East Greenfield. Blanchard, and Needa Chambers. 2117 Gent. James and Helen Allen, 1611 Bundy place. v <• Elmer and Lela Stewart, 1126 South Sheffield. Boys Scott and Francis Harlan, Methodist hospital. Robert and Mary Rosentihl, Methodist hospital. Arthur and Dorothy Elkins, Methodist hospital. Robert and Alma Lov, 2352 Stuart. Fred and Fern Flowers, 827 South Mount. Lawrence and Verna Orr, 1507'/2 West Ohio. Frank and Nettie Blake, 2252 Daisy. Herman and Hazel Acton, 803 South Belle Vieu. Roland and Helen Levine, 1034 East Market. Clayton and Rosie Hogston, 704 Madison. Deaths Eula Lee Taylor, 42, 1020 Dawson, chronic myocarditis. Henry Lawson, 58, 1311 North West, pulmonary tuberculosis. Daniel Lewis. 43, 3507 Prospect, sarcoma. Gladys Woodmansee. 29. city hospital, general tuberculosis. Goldie Ellis. 49. 650 South Collier, chronic myocarditis. Mattie Newton, 53. 4214 East New York, carcinoma. Cora E. Rankin, 75, 3055 Ruckle, coronary thrombosis. Rhoda M. Burton, 83. 649 Division, arteriosclerosis. Milton Jackson. 49. city hospital, fractured skull, accidental. Isabel Bailey, 17, Methodist hospital, accidental. Elizabeth Ashworth, 23, Methodist hospital. chronic sinusitis. Hattie Elnora Laudelt, 63 , 4234 Guilford, cerebral hemorrhage. Nettle M. Thomas, 61. Central Indiana hospital, chronic encephalitis. Mace Remsen. 46, Long hospital, accidental. William Lewis Daugherty, 68. 2601 West Jackson, carcinoma. Hattie Arnold. 58, St. Vincent's hospital, chronic moycarditis. Plumbing Permits Hankin Brothers, 1019 North Missouri, five fixtures. Ed i Kautsky, 2434 College, three fixtures. Ed. Kautsky, 4170 College, two fixtures. Wm. Steck, 818-30 Edgemont, two fixtures. Wm. Steck, 832-34 Edgemont, two fixtures. Wm. Steck, 836-28 Edgemont. two fixtures. strong Bros., 2630 East Tenth street, four fixtures.

RY 0 ft J3 1 Patent Offts* RIPLEY

Bright Spots of Business

By United Press NEW YORK, Sept. 30.—Contracts for planes, engines and propellers worth more than $1,500,000 have been executed by the United Aircraft & Transport Corporation with the governments of Brazil and Persia, it was announced. ST. EOUl&(—Freight traffic handled by the Missouri Pacific railroad on Friday and Saturday of last week broke all records for this year, L. W. Baldwin, president, said. DENVER—AII twenty-one factories of the Great Western Sugar Company will operate this season and the payrool will be increased from 1,500 to 6,000 wage earners, officials said. PITTSBURGH —National Steel Company has increased its output from 25 to 30 per cent of capacity, it was announced. NEW YORK—lndiana Pipe Line Company declared an extra dividend of 5 cents and a dividend of 10 cents on the $lO par capital stock.

Cash Grain

—Sept. 19— 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, 41042 c; No. 2 red, 40®41c; No. 2 hard, 41®42c. Corn—Weak; No. 2 white. 21@22c: No. 3 white, 20021 c; No. 2 yellow. 21@22c; No. 3 yellow. 20@21c; No. 2 mixed, 20® 21c; No. 3 mixed, 19@20c. Oats—Steady; No. 2 white. 12%@13%c; No. 3 white. 11%®12%c. Hay (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) No. 1 timothy, $5.50@6; No. 2 timothy, $5 @5.50. —lnspections Wheat—No. 2 red, 2 cars; No. 3 red, 2 cars: sample. 1 car. Total, 5 cars. Corn—No. 2 white. 2 cars; No. 3 white. 3 cars: No. 4 white. 1 carl*No. 2 yellow 21 cars; No. 3 yellow, 8 cars: sample yellow. 1 car; No. 1 mixed. 1 car. Total. 37 cars. OATS—No. 2 white. 8 cars; No. 3 white, 22 cars; No. 4 white. 1 car; sample white, 1 car. Total. 32 cars. • By United Press TOLEDO, Sept. 19.—Grain close: Grain in elevators, transit billing. Wheat—No 2 red, 53®54c. Corn—No. 2 vellow, 33® 34c. Oats—No. 2 white, 20® 21c. RyeNo. 2, 40%@41%c. Track prices, 28%c rates. Wheat—No. 2 red, 48@48%c- No 1 red. lc premium, 49@49%c. Corn—No. 2 yellow, 28%@29c; No. 3 yellow. 27%®28%c. P/J?,T No 't, 2 y llll6 - 17@18VaCj No. 3 wnite, 16@17c. Barley—No. 2, 33@34c. By United Press CHICAGO, Sept. 19.—Wheat—No. 2 red weevily 52%c; No. 1 hard. 53V*@53Vic; No. 2 hard, 53%c; No. 3 hard. 52c; No. 1 hard, 02%c; No. 2 weevily, 52%c; No. 3 Northern 50%@51c; No. 2 mixed, 52%c; No 4 mixed. 49%c. Corn—No. 2 mixed, 29%®29%c; No. 3 mixed, 29c; No. 4 mixed, 29c; No. 6 mixed. 28c; No. 1 vellow N°. 2 yellow. 30c; No. 3 yellow, 29%@ 29 n 4C: 4v el!ow ,- 29 V* 029 Vic: No. 6 yellow. 28%@28%c; No. 1 white. 29%@30c.; No. 2 white, 29%@30c; No. 6 white. 28%c----sample grade. 17>*®27%c. Oats—No. 2 white. 17 %@ 17 V*c; No. 3 white, 16%® 17 3C ’ No. 4 white. 16@16%c. Rye—No sales. Barley—2s@3sc. Timothy—*2.2s® 2.50. Clover—ss.so 0 9.50. Filling Station Is Robbed Robbery of a filling station at Whiteland, Ind., in which loot was S3O was reported to police Monday night by Sheriff S. E. Vandiver of Johnson county. The robbery was committed by two men, each about 35. They fled In an automobile in the direction of Indianapolis.

Government and Municipal Bonds The Union Trust Cos. of Indianapolis BOND DEPARTMENT 120 E. Market St. Indi&napolU

“If There Is t Market We Have It" Investment Management, Inc. Without Cost or Obligation—- ... We will prepare for you, for a limited time, an , up-to-date analysis of any two stocks or bonds . . . to acquaint you with our complete statistical service. Dow Jones Service Daily Statistical and Chart Revision Fifth Floor Fletcher Tru§t Building ' Telephone Riley 5435-5436

PAGE 11

GRAINS DISPLAY FIRM TREND IN LIGHUESSION Unexpected Foreign News Is Favorable Factor in Initial Trading. BY HAROLD E. RAINVILLE United Press Staff Corresnondent CHICAGO, Sept. 20. —An unexpectedly strong tone at Liverpool more than offset the weakness in stocks on the Board of Trade today and wheat opened firm. There was little in the news and the trade was inclined to proceed cautiously, action being rather slow and light during the early trading. The cables indicated there was some pressure on the English market. but that there was a moderate demand. Corn, oats and rye were very dull and held close to Monday's closing levels. Grains Open Higher At the opening wheat was unchanged to Y* cent higher and com and oats were % to *4 cent higher. Provisions were about steady and more active. Liverpool failed to follow the sharp decline in Liverpool Monday, and at mid-afternoon was % cent j lower to 3 s cent higher. In the absence of any influential news, it is the general opinion that the action of stocks and cotton will determine the trend in wheat, as they did Monday and have for some time. Statistics on American w*heat remain bearish with the visible supply increasing steadily again. Shipping Demand, Slow Com Is rather easily Influenced by good buying or selling. The leaders expected no export business for a month or so, or until Argen tine stocks have been depleted. Good rains were general last night> with frost in lowa and Nebraska. Oats Is holding around the lowa of the season. The shipping demand is slow. Country offerings decrease on the dips and increase on bulges, keeping the cash market unsettled.

Chicago Grain

—Sept. 19— whM( . Primary receipts. at: 1,546.000 oats 289,000 Futures Range .. _ —Sept. 20— WHEAT— Prev High. Low-. 10:00 close! December ... .52% .52% .52% .52% Ma >' -57% .57% .57% .57% CORN— December ... .29% .29 29% 29 May 34% .33% .34% !33% OATS— December ... .17% .17% .17% .17% May 20% .20% .20% .20% RYE— December ... .33% .33'* .33% 33> 4 May .18 .37% LARD— October 4 77 4.75 4.75 4.80 January ' 4.50 4.52 By Times Special CHICAGO. Sept. 20.—Carlots: Wheat. 43; corn, 271; Oats, 32; rye, 1, and barley. 16.

Local Wagon Wheat

City grain elevators are paying 41c for No. 2 soft wheat. Other grades on their RAW SUGAR PRICES —Sept. 19— High. Low Close. January 1.06 1.04 1.05 March 1.07 1.03 1.03 May 1.09 1.07 1.07 July 1.13 1.12 1.12 September 1.17 1.16 1.16 December 1.10 1.05 1.08

A Safety for Savings Fletcher American NATIONAL BANK Southeast Corner o# Market and Pennsylvania

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