Indianapolis Times, Volume 44, Number 114, Indianapolis, Marion County, 21 September 1932 — Page 12
PAGE 12
STOCK VALUES DISPLAY GAINS IN FAST TRADE Issues Advance From 1 to 3 Points on Increased Activity.
Average Stock Prices
Average of thirty industrials for Tuesday, high 67.05. low 64.66. last 67.49. up 2 43. Average of twenty rails 32.54. 31.13, 32 48. up 1.05. Average of twenty utilities 29 51. 28 42, 29 42. up .72. Average of forty bonds 81.000, up .11 BY ELMER C. W’ALZER United Press Financial Editor NEW YORK, Sept., 21.—Stocks advanced 1 to more than 3 points on increased trading on the Stock Exchange today, while Curb stocks rose 1 to 4 points, and bonds luled firm. London stocks moved higher before the opening today following gains made at San Francisco and in the local over-the-counter markets here Tuesday. Cotton rose 12 to 15 points at the outset, influenced by strength in other markets. Stocks came out in blocks langing to 6,000 shares, and tickers ppeared to be running at Capacity. Confidence appeared to have strengthened in the financial community, due to ability of the market to stage a sharp advance in the late trading Tuesday after resisting selling at various times throughout the day. Shorts were convinced anew rise was in prospect and covered their commitments, helping the rise Railroad shares made the best group showing in the early trading, but all groups participated. Atchison was at 54, up 2%; Reading, 40, up 3; Chesappake fz Ohio, 24.4, up I'* on 5,400 shares; New York Central, 27, up l‘s on 4,500 shares, and Union Pacific. 74%, up 1%.
Bank Clearings
INDIANAPOLIS STATEMENT —Sept. 21— Clearings $1,503,000.00 Debits 3.092.000.00
Foreign Exchange
(Bv Abbntt, Hoppin Ac Cos.) —Sept! 21Open Sterling. England 3 46 7 Franc, Fiance 0392 Lira, Itely 0513 Franc, Belgium 1387 Mark, Germany . .2381 Guilder. Holland 4018 Peseta, Soain 0820 Krone, Norway .... .1745 Krone. Denmark ; .1800 Yen, Japan 2425
New York Bank Stocks
(Bv Thomson &, McKinnonl —Sept. 20Bid. Ask. Bankers 67' 2 69'a Brooklyn Trust. 188 203 Central Hanover 147 151 Chare National 39 41 Chemical 37 3 e 39' CLy National 49 51 Corn Exchange 72 75 Commercial 165 175 Continental 19' 4 21 ’ Empire. 28 30 First National 1,615 1.715 Guaranty 313 318 Irving 25' 27 U Manhatten Ac Cos 36'< 38' \ Manufacturers .ll s i 32- 4 New York Trust 97 100 Public ... ' 31 33 Union Title 48 51
Investment Trust Shares
(Bv Abbott. Hoppin Ac Co.' PRICES ARE TO 13 NOON. C. S. T. —Sept. 21— Bid. Ask. Am Founders Corp. com 1.75 2.00 Amcr and <Sen Sec IAI 5.00 10.00 Am Inv Tr Shares 2.12 2.50 Basic Industry Shares 2.33 2.43 Collateral Trustee Shares )Ai 3.25 3.50 Corporate Trust mewl 1.85 1.85 Cumulative Trust Shares 2.95 3.00 Diversified Trustee Sh (At... 7.75 .... Fixed Trust Oil Shares (A>.. 6.50 7.00 Fixed Trust Oil Shares 1 8 1 . .. . 5.75 6.00 Fundamental Trust Shares IAI 3.20 3.30 Fundamental Trust Shares <Bt 3.20 3.30 Leaders of Industry (At 2.75 3.12 Low Priced Shares 3.12 3.50 Mass. Inv. Trust Shares 14.50 16.00 Nation Wide Securities 2.75 2.85 North American Tr Shares... 2.00 2.10 Selected Cumulative Shares... 2.00 _* 2.10 Selected Income Sharer. 2.75 ~ 3.25 Shawmut Bank Inv Trust.... 2.50 .... Std Amer Trust Shares 3.10 3.30 Super Corp of Am Tr Shares.. 2.95 3.05 Trustee Std Oil iAI • 3.87 4.00 Trustee Std Oil iß> 3.62 4.00 U S Elec Light and Power IAI 14.37 17 00 Universal Trust Shares 2.20 2.30
New York Curb Market
*Bv Thom on it McKinnon) —Srpt. 21 11:00 11:00 Alum C of Am 63’ : Int Pete 10% Am Cynamid... 5% Insuil Ut ... 14 Am O St Else.. 33% Midwest Utl! % Am Super Pwr 6 Nat Inves 3% Ark Gas A.... 2% Newmont Min.. 18 Ass G St Elec. 3 Nia Hud Pwr... 16% Can Marconi... 1% Niles ... 9 Cent Sts Elec.. 4% Penroad 3% Cities Service... 4%'St Regis Paper. 6% Cons G of Balt 64% Sel Indus t% Cord 6%'Std of Ind 23% Fdlec Bnd Ar Sh 39% Stutz 13 Elec Pwr Ass... 7%!United Gas mw* 3% Gen Aviation... 3% Un Lt A: Pw *A* 6% Gulf Oil 35 ut 9*r 2% Hudson Bav 3%. Un FMdrs 2% Imp Oil of Can 9 Chicago Stocks Opening tßv Abbott. Hoppin Ar Co.* —Sept. 21— Bendix Avia.... 13% Grigsby Grunow 1% Borg Warner.. 11% Ltb McNeil Prod 2% Cities Sarvlce... 3 T * Middlewest % Cord Corp 5% Natl Std *6% Cont Chi com. 2% Swift Inti 19'*
Chicago Fruit
Bn l itiled Pres* CHICAGO. Sent. 21.—Apples Wfelthies, *161.10: Jonathans. *161.25, Delicious, *1.40; Michigan Wealthies. sl6 1.10: Mclntosh. 90c6*1. Cantaloupes— Western flats. 50m 75c: Michigan crates. 40e651. Mellons —Western Honev Dews. 75c# sl. Pears—Michigan Bartletts. *l6 1.25: others. 50# 60c. Peaches—Michigan Elbertas. 75c6*1.25; Hails. *1.7562.05. Grapes—Michigan 4 ouart baskets Concords. 9# 10c: Michigan 12 ouart baskets Concords, 19620 c; Indiana Concords, 216 22c. FENTON RITES ARE SET Bar Association to Hold Memorial Rites Thursday Morning. The Indianapolis Bar Association will hold memorial services for Harry A. Fenton, Indianapolis attorney. who died Saturday, Thursday morning in superior court two, it was announced today by Paul G. Davis, president. Speakers will be Judge Clarence E. Weir. Howard S. Young and Frank C. Dailey. Memorial resolutions will be prepared by Earl R. Conder. Edwin Steers, Ralph Kane, L. A. Coleman and Arthur L. Gilliom. Michael E. Foley will tje chairman of the meeting. CANTWELL GIVEN POST GospfMt Man Made Head of G. O. P. Agriculture Division. Guy Cantwell, Gosport, has been named cha rman of the agriculture division of ‘the Republican state committee, Ivan C. Morgan, state chairman, has announced.
New York Stocks
—Sept. 21— Railroads— Prev. High Low. 11 00 close. Atchison 54 53% *3% 51-a Atl Co&it Lint 30'a 28% Be it Ac Ohio ... 17% 17!. n% 16% chcsa Ac Ohio.. 24 s . 23% 24 22% I Chesa Corn 16 i lean Par 17% 10% 17% 16% Chi Grt West .. 3% ... 3% ... Chi N West 10 9% 9% 9 C It I At P ... 8 Del LAc W ... 39% 38% 38% 3<% Dt a> Hudson.. *7% ... 77% 7t% Erie 8 7% Erie Ist pfd 10% 10% 10% 10 Great Northern.. 16 15% 16 15 Gulf Mob Ac Oil. . . 5 t Illinois Central. 18% 18% 18% 17% Kan City So ... 10 , 9% 10 9% Lou Ac Nash 26 M K At T 9% Mo Pacific % 6' 4 Mo Pacific pfd. 12% 12% 12% 10% N Y Central ... 27 26% 26% 15% NY NH : H 20% 20% 20% 19% Nor Pacific 20% 20 20 19 Norfolk At West 98% O Ac W 11 10% 10% 10% Pennsylvania ... 18% 18% 18% 18 Reading 41 <0 41 37 Seaboard Air L % So Pacific 29% 29 % 29% 26 Southern Rv... .12% 12% 11 % St Paul 2% St Paul 4% 4% St L At 8 F ... 2% Union Pacific .. 75 74% 75 72% Wabash 3 W Maryland ... 8% 8% 8% S% Equipments— Am Car At Fdy. 10% ... 10% 10% Am Steel Fd... 9% 9% ♦ 9% 8% Gen Am Tank... 19% ... 19% 1894 General Elec. 18% 18% 18% 17% Gen Rv Signal .. /. . . 16 N Y Air Brake 8% . 8% ... Pullman ....... 23% 23 23% 21 % Westlngh Ar B 15 . . 15 14% Westingh Elec.. 32% 31% 32% 31 Rubbers— w Firestone 13% ... *13% ••• Fisk % % Goodrich 8% B'4 8% 7% Goodyear 21% 21% 21% 20% Kelly Sprgfld 2 Lee Rubtfcr 6% 6% 6% ... U S Rubber 0% 6% Motors— Auburn 52% 51% 52% 51% Chrysler 17% 17% 17% 16% General Mo.ors 16'% 16% 16%. 15% Graham-Paige. .. 2% 2% 2% 2% Hudson 8% 8 1 2 8% 7% Hupp 3% '3% Mark 33% 23% 23% 21% Marmon ... 2% 2 J s Nash 15% 15% 15% 1494 Packard 4% 3% 4 3% Studebaker 7% 7 7 7% White Mot ... 25% 24% 25% 24% Yellow Truck .. 5% 5 5% 4% Motor Access— Bcndix Aviation 13% 13% 1.3% 12 s * Borg Warner ... 11% 11% 11% 11% Briggs 6% 6% 6% 594 Buad Wheel L-. 2% Eaton *% El Auto Lite ... 20% 19% 20% 18% Ei Storage B 23% Hayes Boay 2% ... Houda 3% 3 Motor Wheel ... 5 Murray Body 5% 4% Stewart Warner. 6% 8 6% 5% Timkin Roll .... 18% .... 18% 16% Mining— Am Metals 6 ... 6 . 5% Am Smelt 19 18% 1894 17 Am Zinc , 4% Anaconda Cop .. 12 s * 12% 12% 11% Alaska Jun 9% ... 9% 10 Cal Ac Hecla 4% 4% Cerro de Pasco.. 9Vs 9 9 8% Dome Mine:; 11% 11 "* Freeport Texas.. ... 24% 24% Granby Corp ... 7% 7% 7% 6% Great Nor Ore 8% 7% Int Nickel 9% 9% 9% 9 Inspiration 4% Isl Crk Coal }5% Kennecott Cop.. 13% 13% 13% 12% Miami Copper 3% 3 Nev Cons 7% 6% 7% Noranda 18% 18% 18% 18 Te'ifs Gul Sul.. 23 22% 22% 20V* O.ls . . Amerada 21% ... 21 % 21% Atl Refining 17% 17% 17% 16V* Barnscia’l a 5% 5 5% 5 Houston 3% 3% 39s 39* Indian Refining 2 Sbd Oil 14% 14% 14% 14% Mid Conti 7 §* Ohio Oil 9% ... 9% 8% Phillips 6% ... 6% 6 P airie Pipe 16 .... Pure Oil 43s ... 4% 4'* Royal Dutch 22 21% Shell Un 7% 7 7% 6% Cons Oil 7Vs 7 7'/* 6% Skellv , 4 Standard of Cal 27'* 27 i/% 26% Standard of N J 329* 32 32% 31% Soc Vac ••• 10% 10 Texas Cos 14% 14 14% 139* Union Oil .. ... 129s 1294 Steels: — Am Roll Mills.. 12% 12% 12% 11% Bethlehem 229a 219a 12% 20% Evers A M 18% 17% 17% 16% Colo Fuel 9Vs ... 994 8% Ludlum 7% 7% 7% ... McKeesport Tin 50 9s 49% 50 48% Midland 8 7% 8 7% Repub I Ac 5... 994 9% 9% 8% U S Sttel 40 39% 39% 37% Vanadium 18 109s 1694 14% Youngst SAc T.. . ... . 16 Tobaccos — Am Sumatra 9% 9 9% 8% Am Tob IAI new 71% Am Tob ißi new 78% 78 78% 75% Lis A: Myers ;Bi .. • ... 62% 609* Lorillard 15% 15% 1594 15 Reynolds T0b.... 34V* 34 34V* 33'e United Cig % % 9* % Utilities— Adams Exp 7% 7 79* Abibtibi ... ... 1% Am For Pwr.... 9% 9% 9% 894 A T Ac T 111% HO 111% 108% Am Pwr Ac Li.. 12% 11% 1294 11% Col Gas Ac El.. 17% 16% 16% 15% Com Ac Sou 3% 3% 3% 3 Cors Gas 599* 5894 59% 5794 El Pwr Ac Li 19% 1054 1094 10 Gen Gai A • 1% 1% Inti T Ac T 12 115a 1194 10'* Lou Gas Ac El 19% Natl Pwr Ac Li.. 16’ 2 15% 16% 15% No Amcr C 0.... 35 3394 34% 32 Pac Gad Ac E 1... 30% 3094 3094 30 Pub Se? N J... 509* 50% 50 94 49 So Cal Edison... 28 27% 28, 27 Std G Ac El 21% 19% United Corp... 11% 10% 11 1054 Un Gas Imp... 19% ... 19% 19% Ut Pwr Ac L A 5% 59* 5% 554 West Union.... 36% 36 365* 35 Shinping— Am Inti Corp.. 8% 8% Bv* 8% N Y Ship 2% 2% United Fruit.... 24 2354 23% 22 54 i Foods— _ , Am Sug 28% 26% Armour A 2 l l * 2 1% Beechnut Pkg 40 Cal Pkg 14% 14% 14% 13 Can Drv 12% 1294 12% 12'4 Childs Cos 59* 594 Coca Cola . 99% 99 99% 97% Corn P-od 49% 49% 4994 48 Crm Wheat •• • •• • 22 Cuban Am Sugar 2% Gen Feeds 30% 29% 309* 29% Hershey .. ... 59 58 Kroger 15% 15% 15% 15% Nat Biscuit 41 40 54 41 39% Natl Dairy 2154 21 21% 20% Purity Bak .... 11 10% 11 10% Pillsbury 15%
Produce Markets
Delivered in Indianapolis prices: Hens, heavy breeds. 14c; Leghorns, 9c. Broilers. colored springers. I‘* pounds up. 13c: barebacks and partly feathered, 8c: Leghorn and black l' pounds up 10c Cocks and stags, tic: Leghorn cocks. 4c. Ducks large white full feathered and tat, 4c small full leathered and fat 2c. Geese lull feathered and fat. 4c Young and old guineas 10c, Eggs: Approved buying grades of Institute ot American Poultry Industries No. 1 18c: No. 2. 12c; No 3.7 c. Eggs, country run. loss off 14<c. Bu'ter 22 to 23c.: undergrades. 20 to 21c: butterfat 18c These prices for healthy stock, free from feed No sick ooultrv accepted Quoted bv the wadlev Comoanv Bn United Press CLEVELAND. Sept. 21.—Butter—Market, steady: extras. 19 3 *c: standards. 19 3 4C. Eggs—Market, steady: extras. 24c: extra firsts. 20'ic: current receipts. 19c. Poultry —Market, steaev. colored fowls. 15616 c; Leghorn fowl*. 11612 c; heavy ru#ip broilers 16617 c: colored broilers. 13c; Leghorn broilers. 13c: colored broilers, 156 16c; Rock broilers. 13614 c: ducks, 106 12c: old cocks 10m 11c: young geese 106 12c. Potatoes—Ohios. ICO-lb. sack U. S. No. 1 cobblers, partlv graded. 85 6 90c: Ohio and New York sacks a bushel cobblers, graded. 456 50c: few slightly higher. By United Press CHICAGO Sept. 21.— Eggs—Market firm; receipts. 3.655 cases: extra firsts. 216 22c; firsts. 20M20 3 ic; current receipts, 156 19c: dirties, 11616> 3 c. Butter—Market about steady; receipts. 6.815 tubs: extras. 19’jc; extra firsts. 18A6l9 l 4: firsts. Ii6l8c; seconds. Is*il6fc: standards. 10 3 ac. Poultry—Market steady, receipts. 40 trucks; fowls, 156 16c; springers. 13'j614c: leghorns, lie: ducks, 116 13c; geese. 96 11c; turkeys. i0612c: roosters, lie; chickens. 12'261S?tjc: leghorn broilers, ll’jc. Cheese —Twins. 12 1 .612' jc: young Americas. 12 3 6 13c. Potatoes—On track. 269: arrivals. 57; shipments. 484: market dull: Wisconsin cobblers. 65 6 70c: Minnesota cobblers. 70c: early Ohios, 60®65c; Idaho russets, $1.3061.40. By United Press NEW YORK. Sept. 21.—Potatoes—Dull; Long Island. 40c6*15 per barrel; New Jersey. 70c6*l 35: Maine. *1.406 1.65 per barret; Idaho. *2.50 per sack. Sweet Po.tatoe:—Steady; Jersey, basket, 50c6*1; southern, barrel, *1.356 1.50 southern, basket. 406 75c Flour—Quiet; springs, patents, *3.806 4.15 per barrel. PorkSteady: Mess. *18.25 per barrel. Lard-r-DuU; middle west spot. *3.20 6 5.30 per lw) lbs Petroleum—Firm: New York refined. 17c gallon: crude Pennsylvania. *1.3761.87 barrel. Grease—Easy; brown. .036.03 1 *c pre lb.: yellow. 0.36.03'* per lb.: white. ,03 1 *6.04'* pe- lb. Tallow—Easier: special to extra. .03-*6.o3'i per lb. Common Hides—t Cents per lb. • inactive. Hi'e-; City packer (cents per tb.t quiet; native -leers, **_>c: butt brands. 8c: Colorados. 7 1 -c Dressed Poultry i cents per lb— Steady; turkeys. 10628 c; chickens. 146 25c: broilers. 146i4e: folws. 106 22c: Long Island ducks. 13615 c. Live Poultry tcents per lb.t—Quiet: geese. 8614 c; turkevs. 15625 c: roosters. 10c; ducks. 86 6 17c; fowls. 136 18c; chickens, pullets. 196 32c. Cheese (cents per lb.t—Quiet; young America. 13*a617' 3 e. Buttei—Market essv. 'Cent* pe- pound) creamerv, higher than extras, 51.,622c: ext-a. 93 score, 21c: first - , fit <-o*o. 206 20’ c; first*. 88 to *c"re.lge; ecinds, 15Vg617c. Eggs : —or-- esia’ D ek: Including )’nu-:,' hennery -elections. :'4' 3 6 c;
*'Bt Thomson * McKinnon“
Safeway S* 52% 51 52% 50% Std Brands 15% 15% 15% 15% Drugs— Coty Inc 5% 5% 5% S Drug Inc 45 44 54 44% 41% Lambert Cos ... 41% 41 41% 40% Lehn Ac Fink 17% 16% 16% 16 Industrials— Am Radiator .. 9% 9% 9% 8% Bu.ih Term 6 Certainieed 2% Gen Asphalt 10 9% Otis Eiev 16% 15% 16% IS Ulen p, Indas Chms— Air Red 58'a 57% 58% 56 Allied Chem .... 77% 77 77% 74% Com Solv 11 % 10% 11% 10 Dupont 39% 38% 39 5a 37% Union Carb . . 27% 26 27% 24% U S Ind Alco.. 31 30 309s 29 Retail Stores— Assoc Dry Gds .. ... ..p 1 Gimbel Bros 2% Kresge S S 12% 12% 12% 11% Mav D Store *4% ... Mont Ward 14 13% M 12% Penny J C . ... 22% 21% 22% 21% Sears Roe .... 22% 21% 22% 215* Woolworth 39% 38’4 39% 32% I Amu ements—'Eastman Kod... 56 54% 56 53% Fox Film A 3% ... 3% 3% Grigsby Gru 1% Loews Inc 32% 32% 32% 31% Param Fam.... 4% 4% 4% 4 Radio Corp ... 9% 9'* 9% 8% R-K-O 55s 5% 5% 5 Warner 8r05... 3% 33% 2% Miscellaneous— Airway Anp 2 City ice Ac Fu. 12% Congoleum 10 9% Proc Ac Gam . 33 32% 33 31% Allis Chal 10' a 9% Am Can 53% 52 53 % 50% J I Case 49% 47% 49% 46 Cont Can 33 32% 33 29% Curtiss Wr 29* 2% 2% 2 Gill-tte S R. ... 19% 18% 19% 18% Gold Dust 189* 17% 18% 17% Int Harv 26 24% 25% 23% Int Bus M .... 98% ... 98% 97 R-al Silk 6 5% Un A rest 30 % 28% 30 27% Transamerica .. 6 5% 6 5%
SIGN PETTIS LEASES Chain Stores Will Share Quarters in Building. Two chain store organizations have leased the building formerly occupied by the Pettis. Dry Goods Company, it was announced Tuesday by agents for the owners of the building. Properties have been leased to the W. T. Grant Company of New York City, operators of a chain of junior department stores, and the Edison Brothers Stores, Inc., of St. Louis, Mo., chain retailers of shoes. Both leases are for long terms. The rentals from the two companies will total more than $1,500,000. Remodeling which will be done by both stores wil cost about $150,000, it was said. The Grant store will occupy the west part of the building. It will Use the street floor, part of the basement, and part of the upper floors. The Edison organization will use the eastern twenty-two feet of the building. It will start operation in about a month. The Grant Company will open its store about Dec. 1.
The City in Brief
THURSDAY EVENTS Advertising Club, luncheon, Columbia Club. Engineering Society, luncheon. Board of Trade. Sigma Chi Alumni Club, luncheon, Board of Trade. American Business Club, luncheon, Columbia Club. Real Estate Board, luncheon. Washington. Shrine Caravan Club, luncheon, Murat temple. Crnebus Club, luncheon. Washington. Acacia, luncheon, Harrison. Illini Club, luncheon, Columbia Club. Sigma Nu. luncheon, Washington. Socialist party, meeting, night, Columbia Securities building. Perry Township Parent-Teacher Association wil hold a reception for Southport high school teachers at 7:30 tonight in the school building. Jane Burroughs will sing. CORRECTS CRASH ERROR' Published Account of Auto Accident Wrong, Driver States. Otha Shepherd, 19, of 1313 West ; Thirtieth street, stated today that ' a published account of an automo- ( bile accident Tuesdayp was in j error, in that instead of his car i striking that of J. M. George, 2907 ! Washington boulevard, in the 300 block West Thirtieth street, the opposite was true. MISSING BOY SOUGHT Buster Dillman, 15, Gone From Home Since Monday. Buster Dillman. 15, has been missing from his home, 36 West • Arizona street, since Monday, it I was reported to police Tuesday, i Relatives believe he went to St. Louis. l * Births Boys La Verne and La Vaughn Duart. 1406 ocuth Harding. James and Ollie Ford. 1438 West Court. Charles and Mary Kinmck. Coleman hospital. Ovid and Sabra Worlev. 1745 Roosevelt. William and Anna Nees. 1162,Maderin. Ernest and Elnora Engleman. 706 North Linwood. James and Deanie Mcßov, 28 East Morris. Girls Forest and Carof'Stonebyoker, Coleman. Harry and Lillian Terhune. Coleman hospital. Roy and Hazel Wilev. Colemarr hospital. William and Mary Bradley Coleman hospital. Deaths # Alexander C. Stanley. 60. Central Indiana hospital, general paralysis. Llovd Eugene Hammans. 3 months, city hospital, broncho pneumonia. James Aubrey Gatlin. ?6. 545 Centennial, chronic intersMtial nephritis. William F. Walters. 53. 3338 North Tacoma. chronic endocarditis. Rebecca Graves. 44. 925 -Greer, card noma. Harry Anthony Fenton. 56. 2440 Park i tuberculosis. I Joe Ba'-.er. 52. 952 North Warman cirri hosts of liver. I Louis Ott, 65. city hospital, chronic myocarditis. Bernice Jett. 1 dav. city hospital, edema of Larrnr. Henrv J. Fox. 75. citv hospital, chronic mvoerditis. Other Livestock Bn United Press TOLEDO. Sept. 21—Hog receipts. 275: market. 15c lower: heavy Yorkers. $4.15® 4.35: mixed. $4.2555 4.35; bulk. $4.25414.35pigs. $3.75; light. $3.75; roughs. *39945 3.25. Cattle—Receipts. 500: market, steady. Calves—Receipts, light: market. 50c lower: choice to extra. $7tf?7.50: fair to good. s6® 6.50. Sheen and lambs—Receipts, light; market, 25c lower: vearlings. s3® 3.50; spring lambs. $3(5:5.25. RAW SUGAR PRICES —Sept. 20— High. Low. Cloee. Janparv 1 04 1.02 1.02 March 1.01 100 1.01 Ms v 1.05 1.03 1 04 July 1.10 107 108 September 1.04 1.03 1.04 December 1.05 1.03 1.03 Farm Talk Is Scheduled William F. Collins, inspector in the farm loan department of Connecticut Mutual Life Insurance Company, will speak on “The Farm Situation” at the Thursday luncheon of the Indianapolis Read Estate Board at the Washington. Van Nuys to Speak Mrs. Emily Newell Blair of Joplin. Mo., and Frederick Van Nuys, can didate for United States senator, will be the principal speakers at the convention of the Indiana Women's I Democratic Club at Richmond. OC, 5. ,
THE INDIANAPOLIS TIMES
HOGS CONTINUE MOVE TOWARD LOWER LEVELS i Cattle Market Dull: Veals Show 50-Cent Gain at $7 Down. Porker prices continued to decline at the Union Stockyards this morning. ranging around 5 cents lower than Tuesdays average. Some classes held mostly steady. The bulk. 100 to 350 pounds, sold for $4.00 to $4.35. Early top held at $4.35. Receipt* numbered 5,000; holdovers 473. p Castle market dull, with a low and lifeless trade in all classes, and indications pointing to a lower trend. Receipts were 1.000. Vealers were strong to around 50 cents higher, selling at $7 down. Receipts were estimated at 300. Lambs continued the week's decline with prices ranging 25 cents lower than Tuesday's market. The general run of lambs sold around $5.50 down. Receipts were 1,000. Hog market at Chicago moved uneven with asking steady at Tuesday's average. Few early bids were weak to mostly 10 cents lower. The bulk of good to choice kinds scaling 190 ~to 210 pounds, was bid in at $4.45; best held above $4.50. while few good porkers weighing 120 to 140 pounds held steady at $4 to $4.30. Receipts were estimated IC.OCO, including 3.000 direct; holdovers, 4,000. Cattle receipts were 10,000; calves. 1,500; market unchanged. Sheep receipts numbered 15,000; market stationary. Hogs Sept. Bulk Top. Receipts. 14. $4.15® 4.50 $4.55 6,500 15. 4.05® 4.40 4.45 6,500 16. 4.050 4.40 4.50 4,000 >l7. 4.000 4.40 4.45 I.aOO 19. 4.150 4.45 4 45 6.000 20. 4.000 4.35 4.35 7.000 21. 4.00@ 4.35 4.35 7,000 HOGS Receipts. 5,000; market, lower. (140-1601 Good and choice $ 4.150 4.25 —Light Lights—-(l6o-1801 Good and choice.... 4.30 —Light Weights—-(lßo-200* Good and choice.... 4.30 i2OO-220l Good and choice.... 4.35 —Medium Weight—-(22o-250* Med.um and good.. 4.30® 4.35 *250-290* Good and choice.... 4.150 4.25 —Heavy Weights—-(29o-350) Good and choice.... 4.00@ 4.15 —Packing Sows—-(3so-500* Medium and g00d... 3.00 0 3.75 (100-120* Slaughter pigs 4.00 0 4.10 CATTLE Receipts, 1,000; market, steady. Good and choice $ [email protected] Common and medium 4.25® 7.75 (1,000-I,Boo* Good and choice 8.00 0 10.25 Common and medjum 6.000 8.00 —Heifers— Good and choice 6.500 8.00 Common and medium 3.00 0 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.. 2.250 3.00 CALVES AND VEALERS Receipts, 300; market, higher. Good and choice $ 6.50® 7.00 Medium 5.500 6.50 Cull and common 3.50®' 5.00 —Calves— Good and choice 4.25® 6.00 Common and medium 3.00 0 4.25 —Stocker and Feeder Steers— Good and choice 5.00 0 6.25 Common and medium 3.50® 5.00 (600-1.500* Good and choice 5.00 0 6.25 Common and medium 3.50 0 5.00 SHEEP AND LAMBS Reeeipts, 1.0(90: market, lower. Good and choice $ 4.750 5.75 Common and medium 2.50® 4.75 Ewes, inedium and choice 1.000 2.00 Cull and common 500 1.00 Other Livestock Rs*/ l ulled Press CHICAGO, Sept. 21. —Hogs—Receipts, 16,000. including 3.0C0 direct; active, steady, light weights weak; 180-220 lbs., [email protected]; top, $4.50; 230-260 lbs.. $4.2504.45; 270-310 lbs.. $4 0 4.30; 140-170 lbs.; $4.2504.45; pigs; 53.75®4.25; pacikr.g sows, $303.90; light lights, 140-160 lbs., good and choice, $4.20® 4.45; light weight. 160-200 lbs., good and choice. $4.50; medium weights, 200-250 lbs., good and choice, [email protected]; heavy weights, 250-350 .lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium and good, [email protected]; slaughter pigs. 100-1,300 xbs., good and choice, $3.7504.25. Cattle— Receipts, 10.000; calves, 1,500; choice weighty steers opened steady, others and light steers and yearlings tending around 25c lower; all other classes under pressure; top fed weighty steers. $10.35; slaughter cattle and vealers; steers 600-900 lbs., good and choice, $7 0 9.50 ; 900-1,100 lbs., good and choice, $709.75; 1.100-1,300 lbs., good and choice. $7.25010.35; 1,300-1,500 lbs., good and choice. S7.SO®IOH(L 600-1,300 lbs., common and medium, [email protected]; heifers, 550-850 lbs., good and choice, [email protected]; common and medium $3.25® 6.50; cows good and choice. $3.2504.75; common and medium. $2.750 3.25; low cutter, $1,500 2.75: bulls (yearlings excluded*, good and choice (beef*. $3.2505; cutter to medium, $203.25: vealers (milk fed), good and choice. $607.25; medium, s4.so@t>; cull and common, $3.5004.50. Stocker and feeder cattle; steers 500-1,050 lbs., good and choice. $5.75 07: common and medium. 53.500 5.75. Sheep—Receipts. 15.000; generally steady to strong, tendency higher on finished lambs: good and choice natives SSO 5.75; best held higher; around 70 ibs. feeding lambs, $5. Slaughter Sheep and lambs—Lambs 90 lbs. down, good and choice, SSO 5.85; medium, $4.250 5: all weights common, $3.5004.25; ewes 90-150 ; lbs., medium to choice, $1.25 0 2.50; all ! weights cull and common. 75c@$2: feedI ing lambs, 50-75 lbs., good and choice, $5 I @5.35. By United Press LAFAYETTE. ' Ind., Sept. 21—Market, steady to 5c lower: 200-250 lbs.. $4,100' 4.20; 250-300 lbs., $3.950 4.06; 300-325 lbs.. $3.80; 160-200 lbs.. $4.05®4.10; 130-160 lbs.. $3.7003.90; 100-130 lbs.. $3.50; roughs. $3.50 down; top calves, $6.50; top lambs, $5. A'*/ United Press EAST BUFFALO, Sept. 21.—Hogs—On sale. 1,300. Fairly active, weak to 10c lower; weights befow 200 lbs. sharing decline. desirable 160-200 lbs., $4.750 4.85, few mixed 210-2150 lbs., $4.90; 220-240 lbs. selection quoted to $5: pigs and underweights. $4.65. Cattle—Receipts, 100. ; Cows barely steady; cutter grades, $1,750. ! 2.75: medium bulls. $303.25: steers unsold. | Calves—Receipts. 150. Vealers unchanged . S8 down. Sheep—Receipts, 800. Lambs ! rather draggy and steady at week's full decline; quality and sorts considered: S bucks. $5; common and medium, $4.50® 5; inferijr throwouts. $4 and below. Hit United Peers PITTSBURGH. Sept. 21. Hogs—Receipts. 1.000; market steady to 10c higher; 160-230 lbs.. $4.850 5: 240-290 lbs.. *4.550 4.80; 130-150 lbs.. $4,500 4.75: packing sows. $3.250 3.75. Cattle—Receipts. 100: market little changed: dksirable grass steers quoted around S6O 7: plainer grade down to $4; grass heifers, $3,500 $5; common and medium cows. $2.500 3.50. Calves—Receipts. 50; market steady; choice vealers mostly $7.50. Sheep—Receipts. 800; market steady: good and choice lambs. $5,50 0 6; buck lambs. $4.500 S5; medium and good wethers. $.15002.60. By United Press CLEVELAND. Sept. 21.—Hogs—Receipts. 1.500: holdover none; steadv to 15c lower; 160-200 lbs., $4.50; pigs. $4.25: few 150 lbs.. $4.40. Cattle—Recelpvs, 400: 'rather active, steady ora steer and heifer offerings at $5.75 upward: supply plainer kind burdensome. on peddling basis: scattered common to medium steers and' heifers. $4.50® 6.50: load light steers. $7.25: grade low good cows. $1.500 3.50 largely; sausage bulls bulk. [email protected]. Calves—Receipts. 550; steady; good to choice. $7.50 08; cull to medium. s4® 6.50. Sheep—Receipts 2.300: paid to 25c lower, quality and commission considered: good-to choice lambs. $5.7506; cull to medium. s3® 4.75; few $5. By l nited Press EAST ST LOUIS. Sept. 21.—Hogs—Receipt-. 7 000: market. \s® 10c lower: top. M. 30; bulk 150-270 Ibs.. $4 1504 25: 100-150 lbs.. $3.8504.15: sows. $303.60. Cattle — Receipts, 3.500: calves. 1.500; market, not developed on steers; indications steadv to weak; early sales , mixed yearlings and heifers -teadv: undertone weak on beef cows: other classes steadv with dealers steady to 25c higher at S7O 7 25: top sausage bulls. $3.25. Sheep—Receipts. 1.500; market, lambs, steady to 25c higher; bulk lambs to packers. SSO 5.25: choice kinds to small killers. $5.5005.75: sheep steady; throwouts. $3; fat ewes. $1.50 down. Rtf United Press FT. WAYNE. Ind. Sept. 21.—Hogs, 5c off: pigs. $3 5003.75: light lights. $46 4.10: lights. $4.10 0 4.20; mediums. $4,200*. SO; heavies. $4 0 4.25: light roughs. S3O 3.25; heavy roughs. $2 506 3: stags. $2 6 2.50: calves. $7; ewe and wether lambs. $5.25; bucks, $4.25.
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 $681,465,807. a, decrease of $23,1*0,785 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 ceries A preferred and 17% cents on series B preferred, both payable Oct. 10, of record Oct. 1. Income tax receipts during first sixteen davs 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 Kast Publications Inc. is re questing holders of the $1,003,000 outstanding three-year sinking fund 6 per cent note* due Dec. 15. 1932, to accept for each SLOOO note SI,OOO first mortgage 6% per cent gold bonds to raatbre Dec. 15, 1937 and SIOO cash. Dailey ave-age production of crude oil in United Spates in weik ended Sept. 17. totaled 2,171,. i27 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 elass A shares, against $2.43 a share in preceding fiscal year. # Gotham Silk Hosiery Cos. declared the regular quarterly dividend of *1.75 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.
Bright Spots of Business
By United Press NEW YORK, Sept. 20.—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. LOUlS—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—NationaI 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.
In the Cotton Markets
CHICAGO —Sept. 20— High. Low. Close. January 7.14 7.01 7.01 March 7.26 7.15 7.20 Mav 7.37 7.29 7.31 July 7.45 ,7.38 7.43 October 6.97 6.89 6.92 December 7.08 6.94 7.04 NEW YORK January 7.08 6.95 8.99 March 7.19 7.04 7.08 May ; 7.30 7.16 7.21 July 7.40 7.25 7.31 ■October 6.91 6.77 6.80 December 7.03 6.88 6.93 NEW ORLEANS January 7.07 6.90 7.01 March 7.18 7.05 7.10 Mav, 7.28 7.15 7.21 July 7 34 7.29 7.29 October 6.88 6.76 6.81 December 7.04 . 6.85 6.95 New York Liberty Bonds —Sept. 20Liberty 3'is ’47 101.14 Liberty Ist 4s ’47 102. Liberty Ist 4%s ’47 102.18 Liberty 4th 38 103.15 Treasury 4%s '52 * 108.23 Treasury 4s ’54 104.24 Treasury 3%s ’56 102.17 Treasury 3%s ’47 100.20 Treasury 3%s ’43 March 100.26 Treasury 3%s ’43 June 100.26 Treasury 3%s ’49 98.10 Treasury 3s ’55 97.
Radio Dial Twisters
—6 P. SLOBS—Edwin C. Hill.' NBC —‘ Big Time” sketch to WEAF. WGN (720)—Ensemble. —6:15 P. M.— CBS—Singin’ Sam. WMAQ 1670 (—Concert orchestra. NBC—lrene Taylor. contralto. to WJZ. —6:30 P. M.— KYW (1020) The Cigar Counter Girl. CBS—Kate Smith > WBBM (770 l -- Westphal’s orchestra. NBC—Paul W’hiteman and Chieftains to WEAF. NBC—Melody Moments to WJZ. WTMJ (6201—Los Caballeros; sports. —6:45 P. M.— KYW (1020)—Concert company. CBS—Musical Fast Freight. WJR (750 *—Melody Moments. . —7 P. STUBS—Lombardo’s orchestra: Burns and Allen. WBBM (770) —Russell’s orchestra; Harriet Cruise. NBC—Revelers: Meeker's orchestra: Young's orchestra to WEAF. .. BC—Concert orchestra to WJZ. WLS (870*—Meeker's orchestra. —T:3fl P. M.— ICYW (1020 * Master's orchestra. CBS—Crime Club. WBBM (770) Arnheim's orchestra. NBC—Shilkret's * orchestra; soloists to WEAF. NBC Olson’s orchestra; Jack Benny to WJZ. —S P. M KYW (1020* —Minstrel show. CBS—Street Singer and Shilkret's orchestra. WBBM (770)—Belle Forbes Cutter.
WFBM (1200) Indianapolis Indianapolis Power and Light Company „ WEDNESDAY P. M. s:3o—Transcription. s:4s—Bohemians. 6:ls—Singin’ Sam (CBS*. 6:3o—Kate Smith (CBS' 6:4s—Fast Freight iCBS*. 7:oo—Guy Lombardo and Royal Canadians (CBS*. 7:3o—Democratic County Committee. 7:3s—Bohemians. 8:00 Music That Satisfies (CBS'. B:ls—Wm. H. Block Company program. B:3o—Harold Stern .orchestra (CBS*. B:4s—Myrt and Marge *CBS>. 9:oo—Edwin C. Hill 'CBS*. 9:ls—Nut Farm. 9:3o—Charles Carlile (CBS' 9:4s—Ozzie Nelson orchestra (CBS' 19:00—Eddie Duchin orchestra (CBS'. 16:30—The Columnist. 10:45—Howard Lanin orchestra (CBS*. ll:r*o—Dance orchestra. 11:30—Sign off. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) WEDNESDAY P. M. 4:3o—Vesper organlog. 4:4s—News flashes. 5.00—H0-Po-Ne Club. v s:3o—Aunt Lou Ai Uncle Connie. s:4s—Dinner melodies. B:oo—Cecil At BaUy. 6:20 —Baseball scorer. 6:2s—Democratic county committee. 6:3o—Announced. 6 45—Buddie*, orchestra. 7:|W—Harr* Bas On.
WHEAT PRICES SOAR ON FIRM FOREIGN NEWS Bullish Sentiment Forces All Grains Higher in Active Session. BY I|AROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, Sept. 21.—Wheat prices shot up around 1 cent as the Board j of Trade opened today on the vigorous upturn in stocks and the firmness at Liverpool. Stocks and cotton added sharp gains to their late rallies of Tuesday and limited offerings kept Liverpool strong. These factors, indicating a change in sentiment, brought in heavy buying and short covering and trading was very active at the start. There was little pressure. Corn and rye were firm with wheat, but oats was slow to respond. 1 Opening Is Strong v* At the opening wheat was \ to 1% cents higher; corn was % to % cent higher; oats was unchanged, and rye was to % cent higher. Provisions were steady. Liverpool was very quiet and slow most of the session, holding % cent higher at mid-afternoon. The market remains in a waiting mood. Factors that recently determined the trend have lost their import. Canadian marketings are of record proportions, but it is believed they are nearing their* peak.
Offerings Increase Country offerings of old corn increased materially Tuesday. The largest part was from Illinois, but several cars* of lowa corn were offered for the first time in a year. During the last year lowa corn has* been going west and northwest, due to the crop failure in that secyon. Arrivals of oats continue limited and just about sufficient to meet the daily consumption requirements of the local market. Futures remain dull and inactive.
Chicago Grain
—Sept. 20— Primary receipts Wheat 1,459,000 Corn 485,000 Oats 246.000 Futures Range —Sept. 21WHEAT— % Prev. High. Low. 10:00. close. Dec 54 .53% .53’/* .52% Mav 59% .58% .59% .57% CORN— Dec 29% .29% .29% .29% May 34% .34% .34*% .34 OATS— Dec.. 18 .17% .18 .17% May .9 20% .20% .20% .20% Dec 34% .33% .34 Vi .33% Mav 38% .38% .38% .38% LARD— Oct 4.80 4.77 4.80 4.77 Jan .... 4.55 4.50 May 4.70 4.07 4.70 By Times Special CHICAGO. Sept. 21—Carlots: Wheat. 23: corn, 105; oats, 33; rye. 0, and barley, 3. By United Press CHICAGO. Sept. 20.—Wheat—No. 4 red. 49*be; No. 3 hard weevily, 50%c; No. 3 northern, 50c; No. 2 mixed. 50%050%c. Corn—No. 2 mixed. 29%c: No. 1 yellow. 30c: No. 2 yellow. 30c: No. 3 yelljw, 29%c: No. 2 white. 29%®30c. Oats—No 2 white. 17%® 17%c; No. 3 white. 17®17%c. RveNo sales. Barley—2so3sc. Timothy—s2.2s @2.50. C10ver—55.4009.50. By United Press TOLEDO. 0.. Sept. 20.—Grain in elevators. transit billing: Wheat—No. 2 red. 53%@54%c. Corn—No? 2 yellow. 33%®: 34 1 2 c. Oats—No. 2 white. 20%@21%c. Rye—No. 2. 40%®41%c. Track prices, 28%c rate: Wheat —No 2 red. 48%@49e: No. 1 red, lc Dremium. 49%®;50c. Corn— No. 2 yellow. 29@39c; No. 3 yellow. 28®29c Oats—No. 2 white. 17%®18%c; No. 3 white. 16*2017*40. Barley—No. 2. 33@34c.
Local Wagon Wheat
City grain elevators are paying 4le for No. 2 soft wheat. Other grades on their NEW YORK COFFEE RANGE —Sept. 20— High. Low. Close. December 6.96 6.76 6.76
WEDNESDAY
—8 P. M NBC—Corn Cob Pipe Club to WEAF. NBC —Country Doctor to WJZ. —8:15 P. M.— CBS—Adventures in Health. WGN (720* Tomorrow's Trib.; Yesterday’s Headlines. NBC—Soloist to WJZ. —8:30 P. M KYW (1020)—Diamond’s orchestra. CBS—Stern's orchestra. WBBM (770)—Miles’ orchestra. NBC—Archer Gibson, organist to WEAF. WGN (720*—Big Leaguers; melody. NBC—Drama ’’Red Adams”' to WJZ. WTMJ (620)—Spurts and Spasms. —8:45 P. M.— CBS—Myrt Sc Marge to i WFBM. NBC—Jane Froman band to WJZ. —# P. M.— KDKA (980) —Sports; news;, music box. KYW (10201—Sports; news; Maupin’s orchestra. CBS—Edwin C. Hill. WGN (720) —Dance orches-i tra. NBC—Nellie Reveill to WEAF. NBC—Pickens Sisters to WJZ. NBC—Amos ‘n’ Andy 'to WMAQ. —9:15 P. M.— WGN (720)—Dream ship. NBC Jasperre's orchestra to WEAF. NBC—Sodero and concert! orchestra to WJZ. WMAQ (670)—Dan and Syl-I via. —9:30 P. M.— KDKA (980)—Pettis' orchestra. KYW (1020)—Canton orchestra. CB&—Charles Carlile, tenor. WGN (720)—Wayne King's orchestra. ;
7:ls—Sport’s Spotlight. i 30—Memories. 7:4s—Golden melodies. B:oo—Alice Arnold. \ 5 ; 15—Marott orchestra. B:3o—The Home Defender. B:4s—Mood Indigo. v 9:oo—Lunatic hour. 9:3o—Roarin' Red. 9:4s—Harry Bason. J?22~-£ onni * s Merrymen 10:30—Sign off. WLW (700) Cincinnati WEDNESDAY P. M. 4:00—B. A. Rolfe and his modern rhythm makers <NBCt. 4:3o—The Beachcombers. 4.46—L0we1l Thomas iNBC). ;::00—Amos ‘n’ Andy iNBCt. 5:15—01d man sunshine iFord Rush). 5:30—80b Newhall. 515 — Bl Uie Jones and Ernie Hare <NBC> 8:00—Blue Moments with Jack Douglas k Lloyd Shaffer orchestra. 6:ls—Chandu. the magician. 6 30—Melody momenta (NBC*. 7:oo—Concert iNBC>. 7:3o—Jack Benjiy iNBC). B:oo—Castle Farm orchestra. 8 30—Bands of distinction. B:4s—Mike and Herman. 9:oo—Zero hour. 9:3o—Varsity four and organ. 9:4s—Southern singers. 10:00—Cotton Club orchestra (NBC) 10:00—Cab Calloway’s orchestra iNBC'. 10:30—Hotel Pierre orchestra iNBC'. 11:00—Moon river, slumber music. 11:30—Castle farm orchestra. 12.00 Midnight—Bign off.
—9:30 P. M.— WSM i 150) —Sports; concert ! orchestra. WTMJ (620*—German band. —9:45 P. M.— CBS—Nelson’s orchestra. WMAQ (670)—Dance program (2*4 hours). —lO P. M KYW (1020)—Master’s orchestra. CBS—Duchin's orchestra. IWGN (720)—Cummin’s or--1 chestra, INBC —Dream Singer to WEAF. WJR (750)—Scores; Radio i Reporter. I NBC—Baron Lee and band j to WJZ. —10:45 P. M.— !NBC —Buddy Regers’ orchestra to WEAF. —10:15 P. M.— WGN (720(—Dance program (3 orchestras' WTMJ 16201 —Dance program. —10:30 P. M —V KTHS (1040) — Jubileers. CBS—Ellington's 'orchestra. ;NBC —Diamond's orchestra to WEAF. NBC—Scotti's orchestra to WENR WOC (1000)—"Dreamland.” —10:45 P. M.— WOW (590)—Little Club: Theatre Guild. WJR * 750 * —Gra.vstone orchestra. -*II P. M KYW (1020)—Canton orchestra. WBBM (770)—Around the Town. —11:30 P. M.— iKYW (1020)—Mastejr's orchestra. NBC—Dance orchestra to WENR. WOW (59gj—Little Club. —l2 P. M.— WDAF (610)—Nighthawk Frolic.
CONTRACT BRIDGE BY W. E. M’KENNEY Secretary American Bridie Leaiue KNOWING when to cover an honor is a necessary requisite of a skillful bridge player. The novice never is perplexed by this problem, for he invariably covers. However, there are many situations where such procedure is fatal, and the decision often requires the keenest of judgment. Here is a hand played in the National Contract Pair championship. where both declarer and adversary had to make this very decision, and the success or failure of the contract hung in the balance. It happened that the declarer made the right guess, while his opponent did not. The result was that the contract w*ss made.
AQ-J-8-7-3 VK-6-5-2 ♦ 10-2 *Q-6 ♦ K-6 [NORTH] *A-9-5-VQ-J-7- 2 4-2 4 2 S) VA ♦ 4-3 £ H ♦ Q-9-8-K-9-8- Dealer 7-5 4-2 j SOUTH I *J-7 ♦ 10 VlO-9-8-3 "♦A-K-J-6 ♦ A-10-5-3 102
s The Bidding South opened with a bid of one diamond, which North overcalled with one spade, a one over one force. East passed and South’s next bid was one no trump. North bid two spades to show that he had a five-card suit, and when South bid two no trump, North carried him' to three no trump and that became the final contract. The Play North's bidding was rather aggressive, to say the least, and he presented his partner with a difficult problem. The opening lead was the four of clubs, won in dummy with the queen. Declarer played a small spade from dummy, West winning with the king and returning another club. After winning with the ace of clubs, the declarer led the ten of hearts, and, after some consideration, West played the jack. Declarer also hesitated, and finally decided to play low from dummy. These two opportunities to cover an honor —one accepted and the other not—determined the outcome of the hand although the declarer still had to p’ay carefully tb make the contract. East won the heart trick with the ace, and, not wishing to assist in establishing dummy's spades, he returned a small diamond. Declarer played the six from his own hand, allowing dummy to win the trick with the ten spot. When the queen of spades was led from dummy. East won it with the ace and declarer discarded a small club. East still was unwilling to lead into dummy’s spades, so returned another diamond. Declarer won it with the jack and laid down the ace and king of diamonds, discarding dummy's two small spades. His next lead was the nine of hearts, and whether or not West covered this time, declarer must make two more heart tricks and the jack of spades to fulfill his three no trump contract. OHIO LEADER TO TALK Lieutenant-Governor to Address Two Democratic Rallies Here. Lieutenant-Governor William G. Pickerell of Ohio, who is in Indianapolis attending the Scottish Rite conclave, will make two speeches at Democratic political meetings tonight. At 8 Pickerell will speak in the North Indianapolis Democratic Club at Twenty-ninth and Clifton streets. Second appearance will be at 9 before the Roosevelt-for-President Club at 4204 East Washington street.
Fishing the
Air
The excitement and bustle of a Hollywood movie premiere with the ballyhoo of the announcer and the simpering greetings of the stars will be given by Ward Wilson during the Royal Vagabonds program Wednesday at 5:15 p. m.. over WeNH and an NBC network What happens when Johnny Hart realizes that he is being used as a glorified messenger boy by Helene and her Debutantes, the sixteen beautiful girls with whom he is rehearsing, will be revealed during the Big Time Sketch of Wednesday, at 6 p. m., over WT.iM and an NBC network. Selections from "Magic Night." will open the program Wednesday at 6:30 p. m., over WLW and an NBC network. "Mother Machree" will be included among the offerings of Singin’ Sam when he broadcast* over WFBM and the Columbia network, Wednesday from 6:15 to 6:30 p. m. /
HIGH SPOTS OF WEDNESDAY NIGHT'S PROGRAM 6:3O—NBC I WEAF) —Paul Whiteman and his band. 7:00 —Columbia —Guy Lombardo and orchestra —Burns and Allen. NBC (WEAF* Revelers: Virginia Rea. 7:3O—NBC (WJZ* George Olsen's orchestra and Jack Benny. Columbia—Crime Club—'Bull-' dog Drummond Returns.” NBC (WEAF'—Corn Cob Pipe Club of Virginia. 8:15 —Columbia—Adventures in Health —Dr. Herman Bundeson. B:4S—NBC (WJZi—Jane Proman and her band. 9:IS—NBC (WJZ)—Cesare Sodero and concert orchestra.
Those dumbcracker*. George Burns and Gracie Allen, again will be heard with Guy Lombardo’s orcheitra when the program is broadcast over WFBM over the Columbia network, Wednesday at 7 p. m. Ralph De Palma, famous racing driver who recently broke three world’s speed records at Lake Moroc, Cal., will describe some at his thrilling experiences when he is heard during the concert over WENR over an NBC network, Wednesday at 7:39 p. m. In response to numerous requests, a selection of old favorites recently heard on the Corn Cob Pipe Club program will be repeated during the broadcast over WENR and an NBC network at 8 p. m. Wednesday. A repertoire ranging from the popular ’’Night Shall Be Hlled With Music.” to Brahma’ 'Wiegenlied," in German, will be offered by Arthur Tracv. the Street Singer, when he appears with Nat Shilkret’s ; “Music That Satisfies. ' Wednesday at I p. m. over WFBM and the CBS nrfwork. ~
.SEPT. 21, 1932
CHEERING TONEGRIPS HOOSIER MINING ZONE Clinton Area Optimistic as Approximately 1.100 Men Return to Work. By United Press CLINTON, Ind.. Sept. 21.—A new tone of optimism prevails in the Clinton coal fields—probably the leading mine center of Indiana—as union workers await next Friday and Saturday, the first pay days since last April 1. Since termination of the devatating strike that started last spring, five union mines have resumed operation. In addition, there is one shaft working on a non-union basis. The pay roll this week will be small in comparison with former days, it was pointed out. but its benefit undoubtedly will be felt theoughout the area and may serve as an impetus to a general revival of business in the crippled Clinton area. 1,100 Back at Work At present Jickson Hill mine No. 6 is operating with 200 men. Binkley No. 8 with 300. Bickett No. 2 with 75, Shirkie with 150, and Dering No. 6 with 100. The non-union Vermillion mine, closed because union pickets menaced workers, has resumed operations under the banner of the Associated Miners Union and employs about 300 men. Jackson Hill and Binkley each produce about 1.500 tons a day. Bickett turns out about 750 tons, Shirkie about 1.000 and Dering 1,000, The Vermillion shaft produces between 1.200 and 1,500 tons daily. Await Other Openings Since signing of the new contracts Sept. 10, there have been no disturbance in the Clinton fields. The Vermilion mine has operated without disorder, except occasional fist fights between its men and U. M. W. of A. men when they meet away from the mine. Officials are confident no trouble will break out. Clinton citizens feel that real prosperity can not return until the Bunsen* Miami, Crown Hill and Keller companies open their mines. If they were opened virtually all men in this section would return to work. Mines now operating are employing, it is estimated, about 50 per cent Terre Haute men. Persistent reports are received that these shafts will resume wrk soon, but officials say that whether they will open is purely a matter of conjecture.
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