Indianapolis Times, Volume 44, Number 120, Indianapolis, Marion County, 28 September 1932 — Page 11

(SEPT. 29, 1932_

■ WEAK FOREIGN , NEWS FORGES OPTIONS DOWN f .Scattered Liquidation Sends Liverpool Off Despite Fair Demand. RV HAROLD E. RAINVILLE United Pres* Stiff Corretpondent , CHICAGO, Srpt. 28—Weakness a; Liverpool and unsettlement in stocks caused scattered selling as the Board of Trade opened today, and wheat prices declined fractionary. There was little support in evidence at the start, i Scattered liquidation caused Liva erpool to ease in the afternoon, although demand was well sustained IwMay corn opened at anew low, fracgltionally lower, while December its low. Early Trade Slow k Oats and rye also were off. TradBing in all grains was exceptionally if slow, with little interest noted. At the opening wheat was unchanged to U cent low-er, corn was % to % cent lower, oats unchanged and rye * cent lower. Provisions were about steady. k Liverpool held about steady, but reached to % to % cent lower at mid-afternoon, failing to reflect firmness here late Tuesday. Boom- * hall held out some hope of an export demand for the United States after the Canadian movement had subsided, claiming winter wheat would be needed for mixing purposes. The trade appeared to have ap proached a deadlock Tuesday, with sufficient, eastern buying to check downturns while local sentiment was rather bearish. Frost Is Reported Clear and cold weather was reported over most of the com belt last night with some frost in In- * diana and lowa. Rains Tuesday were expected to slow up the movement of old corn. Oats were exceptionally quiet Tuesday. What little activity there was, came from hedging on one hand and some commission house buying on the other.

Chicago Grain

—Sept 27 Primary receipts. 1 Wheat 1.705,000 \ Corn 810,000 iQats 336,000 r Futures Range - Sept. 28WHEAT— Prev. High. Low. 10 30 close. j December ... .54% .53% .53 3 4 .54% ray 59% .58% .58% .59'* CORN— December ... .28% .28 .26% .28% May 33's .33'4 .337* .33 OATS— December ... .17% .17'* .17* .17* May 20% .20% .20% .20% gYE December ... .36 .35% .35% .36'/* May 38% .38% .38% .39 LARD— October 4 30 4 92 January 4 67 4 65 4 65 4.67 May 4.80 4 77 4.77 K" Timm Sperinl CHICAGO, Sept. 28. Carlots: Wheat. 24; corn, 277; oats. 33; rye. 2, and barley 6. % Hii I nih il I'ri as CHICAGO, Sept, 27.-Wheat—No. 1 red, No. 2 hard. 54c; No. 2 yellow hard weevilv. 53' 2C; No. 2 northern weevily. 53c. No 3 mixed, 52 ’c; No. 2 mixed weevtlv. 53 1 *c. Corn—NoN. 2 mixed. 28%c: No. 3 mixed 28'o: No. 6 mixed. 27®27%c: No 1 yellow, 29®'29t*c: No. 2 yellow. 28%'</ 29>,c: No. 3 yellow. 28* tit 28%c: No. 4 yellow. 28'ic; No. 5 yellow. 28c; No. 6 yellow, 27%®28c: No. 2 white. 28%f29c: No 6 white, 27'2c: sample grade. 21c. Oats No 2 white. 17-V<i 18c: No 3 white. 174# 17%c Rve—No sales. Barley—2s®36c. Timothy $2.25<&2.50; colver. $708.75. |L. Hm United Prr*s ® TOLEDO O . Sept. 27.—-Grain in elevamf tors, transit billing: Whe at—No. 2 red. f 56® 57c. Corn—No. 2 yellow, 33 1 .a@34%c. I Oats—No. 2 white. 21®22c. Rye—No. 2. I 43®>44c. Track prices. 28%c rate: Wheat ft —No. 2 red. 510516 c: No. 1 red. lc premium. 52®£52 , 2C. Corn—No. 2 yellow 23 4730 c; No 3 yellow. 284729 c. Oats—No. 2 white. 18019 c: No. 3 white. 17® 18c; No. 2 barlev. 334r34c. Seed close. Clover— Cashr, $5.5005 60. Alslke—Cash. $5,500 . 5.75. NEW YORK COFFEE RANGE - Sept. 27 High. Low. Close L March 630 6.23 6.22 f Mav 595 586 5.89 July 5.75 5 68 5.69 September 5.53 5.53 5.53 December 7.46 7.35 7.35

With Semi-Pros and Amateurs

Bargersviil* Merchants added another vietory Sundav. defeating A1 s Service nine, 1 to 0 Baker, on the mound for Merchants, yielded only two 'Single*. Merchant* take on Central Transfers at Merchants park next Sunday. Mooresville A C. defeated Indianapolis Midway* Sunday. 8 to 7. A. C. drove Pierson from the mound in the eighth inning with a five-run rally Pitcning of McCreary featured for A. C. For games, write Freelin Spoon. Mooresville. Vonnegut Hardware nine defeated Fayette, ft to 5. at Fayette Sunday. Vonneguts are without a game for Sunday due to a cancellation. Strong city and state teams call Harrison 2726-R. ask for Noble. Indianapolis Bulldogs lost a hard-fougfot battle a( Bridgeport Sunday. 2 to 1. Donnelly dropping a close pitchers’ battle to Lefty Vanarsaal. Donnelly and Conolty led the losers at bat,with three safeties each Rulldoe* would like to schedule a same for Sundav. Write Jimmy Donnelly, 120 North Elder avenue. * Bader Indians, notice. J. W. Rader Indians closed their season bv dividing a twin bill with Mohawks A C. winning the opener 9 to 8 and losing the nightcap 8 to 5 Bob Forester provided the winning punch in the lidlifter, slamming out a homer In the eighth inning. Stiles. Carev. Forester and Martin were outstanding at bat for Baders, while Eader, Gale and Orvis starred In the field. Stiles is requested to call Martin at Lincoln 3835. Leon Tailoring nine handed Kirshbaum I All-Stars their first defeat of the season I Sunday. 4 to 1. at Ellenbereer park. fWuenaen, on the mound for the Tailors, ipltched great ball, allowing but five scattered hits O'Connell led the batting attack for the winners with three safeties. Hare Chevrolet* met defeat last Sunday after annexing twelve consecutive games, losing to the Omar Baking nine. Iff to 7. On Saturday the Chevies defekted the Central Transfers. 7 to 1. Daking allowing only five hits. The Chevies will play the St. Catherines next Sundav at Grande park diamond. A game for Saturdav is wanted. Call Clem at Belmont 0565-W. Pfiummville Tigers will wind up their their season next Sunday against the Beech Orove Reds at Beech Grove at 2:30. All players meet at Ffiumm's diamond at 1 p. m. The Keller All-Stars lost a close and interesting game last Saturdav to the sn--1 diana Reformatory nine at Pendleton. 4 to 3. Miller pitched good ball for the Stars, allowing onlv six hit*. The hitting or Gray and Weiton and the fast fielding of Mihews. Laurie and Fields wer* feature* on Sunday the Kellev All-Stars clo~*J tt.eir season with a victory over th# Tiutanapolis Colored All-Stars. 4 to 1. C t.osaMreet. on the mound for the Kelley* hid the hard-hitting colored pastimer* to two hits He was given brilliant *upp< rt. The batting of Cloud. Beck. Bnyd*r and Waite ana the fielding of the Kelley* featured. Graves, hurler for the Colored All-Star*, also was in form, giving up only six hits. KING, DORVAL SIGNED By Times .Special MINNEAPOLIS, Sept. 28.~King ILevinsky, Chicago heavyweight •lugger, and Jack Dorval of Boston have been signed for a ten round perap here Oct. 13.

New York Stocks 'Bt Thomson A McKinnon 1 " '

—Sept. 28~Prer. Railroad*— High. Low. 11 JO. clow. Atchison SS *4 54 541a Atl Coast Line S3 Balt A Ohio . 18% 18% 18* l* 1 Ch'ft* A Ohio . 24* 24% 34* 24* Ches* Corp ... If* 16% Can Pacific 17* 17 17* 17* Chi Grt West . 12% 12* 12* 4* Chi N West 10 9% B’. 9’. T. R I A P ... 9* Del LA W J9* 33 1 2 39 39'a Del A Hudson 78 7* Erie 9% 9 Erie Ist pfd ... 11' 4, Great Northern.. 13* 17* 17* 17*1 Illinois Central. 20% 20 * 20* 19* Lou A Nash. 30 M. K A T 10* 10*4 Mo Pacific 7* 7* Mo Pacific pfd ... 12* N Y Central 30 29* 29* 29* NY NH A H . 21* 21* Nor Pacific 22* 21* 21* 22* Norfolk Ai West 108* 105*4 O A W 10* 11* Pennsylvania 19* 19* 19* 19* Reading ... ... 44 So Pacific 29* 27% 28* 28* Southern Ry 12% 12* 12* 13 St Paul 3 St Paul _pfd 5* 5* 3t. L A S F ... 3* 3* Union Pacific .. 78* 75* 75* 78 Wabash • 3* 3 W Maryland 8* West Pacific 3* ... Equipments— Am Car A Fdy . . 12* Am Steel T d 10 9* 10 10 Am Air Brake 8h .. .. 14 Oen Am Tank . 19* 19* General Elec .. 18* 18* 18% 18* Pullman 24* 25* Westlngh Ar B 35% 34* 35 18 Westingh Elec 33* Rubber*— Pisk * Goodrich 8 8* Goodyear ... ... 22 Kelly Sprgfld 2 Lee Rubber 7* 7* U S Rubber 7* Motor Auburn 55* 54* 54* 54 Chrysler .19 18* 18* 18* Genera! Motors 18 17* 17* 17* Grsham-Palge 3* 3 3* 3* 71110*00 7% 7 Hupp 4 Mack 27* 28 28 25* Marmon ... 2% Nash 18* 18 f 18 15* Packard 3* 3* 3* 3* Reo 3 Studebaker 8% 8* 8* 8* White Mot 25 25 Yellow Truck .5* 5 5* 5* Motor Access— Bendix Aviation 14% 14* e 14* 14* Borg W'arner 11* 11* Briggs ... 6% 6% Rudd Wheel ... 3* 3* 3* 3* Eaton ... ... 8 El Auto Lite ... 21* 21 21 20% El Storage B I ... 27* Hayes Body 2* Murray Body 5* Sparks-W 2% Stewart Warner 6* 6* Tltnkln Roll ... ... 19 Mining— Am Metals ... .. fi* Am Smelt 19* 18% 18% 19* Anaconda Cop.. 13* 13 13 13 Alaska Jun 11* 11* 11* 11 y Cal A Hecla 5 Cerro de Pasco 10 10* Dome Mines ... 11% Freeport Texas ‘ 25 25* Granby Corp 8* Howe Sound 11% Int Nickel 10 9* 9* 9% Inspiration ... 5 5 Kennrcott Cop.. 14* 13* 14* 14 Magma C0p....’ 9* ... Miami Copper 4 Nev Cons ... 7* Noranda 19 18* 19 18* Texas Gul Sul 22* 22* U S Smelt 17% Oils— Amerada 20% 20% Atl Refining... 17 ' 16* 16% 18% Barnsdall j. ... 5% Houston 4 3* Indian Refining 1% ... Sbd Oil 13% Mid Conti 8* Ohio Oil 8% 8* Phillips 6% 8* Pure Oil ... 4* Royal Dutch ... 21% 21* 21* 22* Shell Un 6* 6* 6* ... Cons Oil 6* 6% 6% % Stand of Cal .. 25* 25* 25* 25* Stand of N J ... Soc Vac in 9* 10 10 Texas Cos 13* 13* 13* 13* Union Oil ... ... 12 Steels— Am Roll Mills... 14* 13* 14 14* Bethlehem 24 23* 23* 23* Byers A M 19* 18* 18* 18* Colo Fuel 9* ... Inland 19* McKeesport Tin.. 50* 50* 50* Si’s Midland ... ... 9 Repuh lAS ... 10* 10* 10* 10* U S steel 43* 42* 43* 43* Vanadium .. .. 17* 17* 17* 17* Youngst SAT 19* 18* 19* 20% Tobaccos— Am Sumatra 9 Am Tob A New 78* Am Tob B New. 82% 82 82 82 Lig A Myers 8.. 65% 64* 84* 65 Lorillard 16* 16% 16% 16* Reynolds Tob ... 35 34* 35 35* United Cig % % Utilities— Abitibi * % * % Adams Exp ... 7* 7* Am For Pwr .... 11 10% 11 10% Am Pwr A Li 12* 12 12* 12% A T A T 113 112 112* 112* Col Gas A E 1... 17* 16% 17 17 Com A Sou 4 3* 4 4 Cons Gas 60* 59% 59% 60% El Pwr ALi 12 11* 11% 11* Gen Gas A i% Itltl TAT ... 13* 12* 12* 13* Lou Gas AEI 20* 19* Natl Pwr A LI.. 16* 16* 16* 16* No Amer Cos 35% 34* 35 35* Par. Gas AEI 30% 30* Pub Ser N J 51 50% 50% 51 So Cal Edison 26* 27* Std OA El 23 22% 22% 21* United Corp 11* 10% 11 it Un Gas Imp ... 19% 19* 19 s , 19 Ut Pwr ALA.. 6* 5* 6% 6 West Union 39% 39 39 39% Shipping— Am Inti Corp ... 9% 9% 9* 9* N Y Ship 3 % United Fruit 24 24 Foods— Am Sug 26 Armour A 2 1% 1* 2 Cal Pkg 13% Can Dry 12 11* 12 12 Childs Cos 5* 5% Coca Cola 97* 97*4 Corn Prod 53* 54* Cuban Am Sug. .. .. . 2* Gen Foods 31* 31* 31% 31 Grand Union ... . 7a, Herahey 82% 61* Jewel Tea 31 Kroger 16* 16* 16* 'i6% Nat Biscuit, 42 41 % 42 42 Natl Dairy 21* 21V, 21 * 21% Purity Bag 10* 10* 10% 11 Safeway St 52* 52* 52* 51 s , Std Brands 15* 18% 15 s , 15 s , Drugs— Coty Inc 5* 514 Drug Inc 39 37% 39 38% Lambert Cos 40 40 s , Lehn A Fink 17 Industrials— Am Radiator.... 9% 9* 9 s , 9s, Bush Term 71 Certainteed " 2* Gen Asphalt ' u Lehigh Port 8 Otis Kiev 16* 16 18* 15* Ulen 1 % 11, Indus Chems— Air Red . 60* 58% 59* 60* Allied Chem ... 81* 80* go* 79% Com Solv 11% 11* ut. hi, Dupont 43* 42 43* 42* Union Carb ... 28* 28% as 7 , 28*' U S Ind Alro.. 31 SO* 31 31* 1 Retail Store,— 4 Assoc Dry Gds 91, 91 ! Kresge S S 12* 12 19* 12 May D Store 171* ig

New York Bank Stocks

(By Thomson & McKinnoni —Sept. 2ff—- _ , Bid. Ask. Bankers 6P% 71* Brooklyn Trust 200 215 Central Hanover 155 159 Chase National 43* 45’, Chemical 59% 41% City National 58 V 57* Corn Exchange 73* 78% Commercial 178 185 Continental 19% 31* Empire , 28' 30* First National 1.745 1.845 Guaranty 334 339 Irving . 21 s , 29* Manhattan & Cos 39 V, 41 >, Manufacturers 34% 36* New- York Trust 99* 102', Public 32 34 Title Guaranty 49 52

New York Curb Market

(By Thomson Sc McKinnon) —Sept. 28— 11 30 1130 Alum Cos of Am 87 s , Midwest Util ... * Am Cynamid.. 6% Nat Inves 3* Am O * E1ec..335,5 5 , Newmont Min.. 19% Am Super Pwr. 6% Std of Ind 21* Ark Gas A ... 2* United Gas mwi 3* Cities Service.. 4% Un Lt *Pw 1A• 6% Cord s%'Un Verde 3 Deer it Cos ... 15 s , Ut Pwr 3 Elec Bnd * Sh 33% Van Camp .... % Goldman Sachs S% Un Fndr* 2*

In the Cotton Markets

CHICAGO —Sept. 37 Hih. Low. Close January 7 74 7.58 7 62 March 7 81 7.70 7.70 May 7 88 7 73 7 !S Julv 7 90 7.98 7.90 Octobei 7,53 7.4* 7.47 December 7.69 7.53 7.37 NEW YORI^ January 7 64 7 4* 7 47 March 7 74 7 5J 7.53 Mav 7 83 7 81 7.63 Julv 7 89 7 M 7 69 October 7 50 7.26 7.17 December 7.61 7.40 7.4S NEW ORLEANS January 7 66 7 50 7.52 March 7 71 7 57 7.59 Man 7 13 7 64 7 68 Julv. 7 87 7 75 7 75 October 7.50 7.13 7.38 December W 7.41 7.43 7.47

Mont Ward IS* 15* 15% 18% Penny J C 24 % 24 24* 23* Behult Ret gt... . . . . 1% Sears Roe 25% 24* 35% 24* Woolworth 39* 38 s , 39 38* Amusement,— Eastman Kod .. 57 55% 57 57 Fix Film A 3% 3* Grigsby Gru .. 17,I 7 , 17,l 7 , Loews Inc 32* 32* 32* 31 s , Param Fam 5% Radio Corp 10 9% 9* 9% R-K-O 5* 5* 8% S% Warner Bros ... 3* 3 3* 3* Miscellaneous—- . City Ice A Fu 13* ... ’Conoleum 10% Proc A Gam 33* 13* Allis Chal . 10* 10 s , Am Can 54% 53% 54* 54 J I Case 54* 53% 54% 54* Cont Can 3.3* 33 33 32% Curtiss Wr ..... 2 s , 2', 2 s , 2 s , Gillette SR 19 18* 19 18 s , Gold Dust 18* 18 18* 18* Int Harv 29 27% 29 27* Int Bus M 101* Real Silk ... 5* Un Arcft 31 29* 31 30 Trans-America . 6 ss,5 s , 6,6

The City in Brief

THURSDAY EVENTS Advertising Club, luncheon. Columbia Club. Engineering Society, luncheon. Board of Trade. Sigma Chi Alumni, luncheon, Board of Trade. American Business Club, luncheon, Columbia Club. Real Estate Board, luncheon, Washington. Socialist Party, meeting, 7:30, Columbia Securities building. Shrine Caravan Club, luncheon, Murat temple. Acaeia. luncheon, Harrison. Illini Club, lunrheon. Columbia Club. Sigma Nu, luncheon, Washington. American Sorietv of Certified Public Accountant*, convention, ail dar. Claypool. National Association of Jnvenile Agencies, convention, all day, Claypool. “Only by faith in God can we go forward in the present age,’’ said the Rev. W. W. Wiant. pastor of the North M. E. church, Tuesday night before the combined life service meeting and east sub-district rally of the Indianapolis Epworth League in Woodside M. E. church. Approximately 100 persons attended. Gyro Club entertained officials and members of the Butler university coaching staff Tuesday at a luncheon in the Spink-Arms. It was the club's annual Butler day observance. Principal speaker at the annual rally dinner of the Young Women’s and Standard Bearers’ Foreign Missionary Societies of the Indianapolis district of the Methodist church in the Irvington Methodist church at 6:30 Friday night will be Miss Librada Lavalera, a native of Manila. P. I. Ail candidates are invited to attend a meeting of the Eighth Ward Democratic Club at 8 Thursday night at 942 Ft. Wayne avenue. Annual Ladies’ night of the Bible Investigation Club will be held at 6:20 tonight in the Y. M. Cr A. Arthur J. Beriault of the Beriault School of Expression will read “The Secret of the Ages.” Miss Bobbye Cook, soprano, will sing, accompanied by Earl Howe Jones of the Metropolitan School of Music. Joe Rand Beckett, state senator, will explain the tax situation in Indiana before the Illini Club at a luncheon Friday in the Columbia Club. W. R. Spurlock Is president of the club. Arrangements were made Tuesday night for the annual election of officers and dinner of the Fountain Square Business Men's Association to be held at 8 Oct. 11 in the Rotter cafeteria. Reports of the various organizations within the church were heard Tuesday night at the annual dinner of the All Souls’ Unitarian church in the church parlors. Presiding was Oscar Baur, president of the board of trustees. Dr. Frank S. C. Wicks, pastor, spoke. Officers and teachers of Central Christian church discussed plans Tuesday night for the centennial anniversary of the church. They were addressed by Dr. John G. Benson, superintendent of the Methodist hospital. Eighteen students of Benjamin Harrison law school have enrolled in debate. Edgar I. Klain is coach of the squad, and Miss Virginia Dunn is secretary. Indianapolis chapter of the National Association of Cost Accountants will meet tonight at 6:30 at the Washington. Principal speaker will be John T. Madden, president of the International Accounting Society, president of Alxander Hamilton Institute and dean of the school of commerce at New York university. Indiana farm boys last year sold more than $750,000 worth of furs on a market with prices the lowest in history, C. G. Winders of the fish and game division of the Indiana conservation department, told members of the Universal Club at luncheon Tuesday. . Inspection tour of the Real Silk Hosiery Mills will be made Thursday noon by the Indianapolis Advertising Club, with J. A. Good- i man. chairman of the company’s i board of directors, as host. Motion pictures of recent events at the church were shown Tuesday j night at the annual meeting of the congregation of the All Souls Unitarian church. Dr. Frank S. C. Wicks, pastor, made a short talk and commmittee reports were heard. Samuel C. Hadden of the Indiana Motor Traffic Association, will speak on “Railway and Traffic Relations" at the luncheon of the In- 1 dianapolis Engineering Society Thursday at the Board of Trade building.

Cash Grain

—Bept 27 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 4l*c New York rite, were: Wheat—Easy: No. 1 red, 43%®44%c; No 2 hard. 43%544%e. Corn—Steadv. No. 2 whit*. 21*®22*c: No. 3 white. 3O*o2l*c: No. 2 yellow. 31 6 22c: No 3 yellow. 300 21c; No. 2 mixed. 20®21c; No. 3 mixed. 19®20c Oats—Steady; No. 2 white. 13*<f 14c: No 3 white, 12*613c. Hay it. o. b. country points taking 28'ic or less rates to Cincinnati or Louisvillet— Steady: No 1 timothy, *5.50®6. No. 2 timothy. *505.50. —lnspections Wheat—No. 2 red, 5 cars. Total. 5 cars Corn—No. 1 white. 5 cars: No. 2 white, 11 cars; No. 3 white. 2 cars; No. 1 yellow. 1 car; No. 2 yellow, 11 cars; No. S yellow. 5 cars: No. 2 mixed. 1 ear. Total. 36 cars. Oats—No 2 white. 5 cars: No. 3 white, 10 cars. Total. 15 cars. In the Air Weather conditions at 9 a. m.: West northwest wind, 7 miles an hour; temperature. 55; barometric pressure. 30.20 at sea level; ceiling, clear, light fog, unlhnited; visibility, 6 miles; field, goodty

THE INDIANAPOLIS TIMES

PORKER PRICES MOVE 5 TOIO CENTS LOWER Sheep, Lambs Fully Steady; Cattle Display Weak Undertone. Further weakness developed into i hog trading at the Union Stock- | yards this morning, prices declined : around 5 to 10 cents lower than Tuesday's market. Demand was light in the early trade. The bulk, 100 to 325 pounds, sold for $3.95 to $4.20, while early top Held at $4.25. ; Receipts were estimated at 6,000; holdovers 166. Trade on slaughter classes in the | cattle market developed slowly, displaying a weak to lower undertone'. Receipts numbered 1,000. Vealers held mostly stationary, selling at $6.50 down. Receipts were 500. Sheep and iambs were fully steady, selling around Tuesday's prices. The usual run sold at $5.75 down. Receipts were 600. With practically no early action in hogs at Chicago, indications were stronger, and buyers talked around steady with Tuesday’s average. Best lightweights held above $4.35, while few 220 pounders were bid in at $4.20. Receipts were 15,000, including | 3,000 direct; holdovers, 5,000. Cattle I receipts were estimated at 9,000: | calves receipts numbered 2,000; market fully unchanged. Sheep receipts wsre 18,000; market stationary. HOGS j Sept. Bulk. Top. Receipts. 21. *4.000 4.35 *4.35 7,000 I 22. 4.15# 4.45 4.45 6.000 j 23. 4,150 4.35 4 40 6,500 24. 4.10-0 4.30 4 30 2.000 26. 4.006? 4.35 4 40 6.000 27. 4.00 0 4.25 4.30 6,000 28. . 3.95® 4.20 4.25 6,000 HOGS Receipts, 6,000; market, lower. (140-160) Good and choice * 4.00 •—Light Lights—-(l6o-180) Good and choice ... 4.10 —Light Weights—-(lßo-200) Good and choice..,. 4.15 (200-228) Good and choice ... 4.20® 4.25 —Medium Weight—-(22o-250) Medium and g00d... 4.200 4.25 (250-290) Good-and choice.... 4.05® 4.25 —Heavy Weights—-(29o-350) Good and choice.... 3.85@ 4.05 —Packing Sows—(3s(*soo) Medium and g00d... 3.00® 3.65 (100-1201 Slaughter pigs 4.00 CATTLE Receipts, 1.000; market, steady. Good and choice .'..* 7.000 9.75 Common and medium 3.75® 7.00 (1.000-1.800) Good and choice 7.25010.25 Common and medium 5.50# 7.25 • —Helferi— Good and choice 6.00 0 775 Common and medium 3.00# 6.00 —Cows— Good and choice 3.250 475 Common and medium 3 50® 3 25 Low cutter and cutter cows.. I.oo® 2.50 —Bulls (Yearlings Excluded) Good and choice beef 3.000 3 75 Cutter, common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 500; market, steady. Good and choice * 6.00 0 6.50 Medium 4.50® 6]oo 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 3.500 5.00 _ . 1600-1.500) Good and choice 5.00® 625 Common and medium 3.50® 5.00 SHEEP AND LAMBS Receipts. 600; market, steady. Good and choice $ 5.00® 6 00 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 Pres* i C^G Pv Se Pt- 28. Hogs—Receipts, 1.7.000. including 4,000 direct; s@loc high- *£•. lbs - $120®4.35; top, $4.40; 23060 lbs *4 1004.30; 270-325 lbs., *3.80® !* 20. 140-170 lbs.. *3.7504.15; pigs. s3.so®' ?in o: ,£, ac ,u Ing *° W J' *2 90 0 3.60; light lights', 140-160 lbs., good and choice, $3.7504.15; w ' e 'S ht ISO-200 lbs., good and choice, $3.9004.40; medium weights, 200-250 lbs., choice, *4.15®4 40; heavy weights 270-350 lbs., good and choice, *3.7004.25; packing sows, 275 to 500 lbs., medium and good, *2.9003.75; slaughter pigs, 100-130 lbs., good and choice, $3.50® 4. CattleReceipts, 9,000; calves, 2,000; strictly choice fed steers and yearlinjgs firm: other grades slow, steady to 25c lower, mostly steadv to weak; heifers, steady; cows weak; bulls steady to weak; vealers about steady; top fed weighty steers, $10.35; slaughter cattle and vealers: steer„s 600-900 lbs., good and choice, *7®9.50; yOO-1,100 lbs., good and choice, *709.75; 1.100-1.300 lb*., good and choice, *7.25® 10.35: 1.300-1,500 lbs., good and choice. *7.500 10.35; 600-1.300 lbs common and medium, *3.75®7.50; heifers’ 550-850 lbs., good and choice, *5.7508.25; common and medium. $3.2508.25; cows, good and choice, *3.2504.50: common and medium, $2.50613.25; low cutter and cutter *1.5002.50; bulls lyearlings excluded!, good and choice (beef) $3.2504.75; cutter to medium. *203.25: vealers (milk fed), good and choice. *6®7: medium. *4.50® 6; cull and common. S3O 4.50; stocker and feeder cattle; steers, 500-1,050 lbs., good and choice, *5.250 6.50; common and medium *3.500 5.25., Sheep—Receipts, 18,000; mostly steady early; buyers resisting higher asking prices; good to choice native lambs *505.75; some held higher; bidding. siso© 5.75 on choice (westerns; slaughter Sleep and lambs; lambs 90 lbs. down, good and choice. $505.85; medium, *4.25®5; all weights common. $3.5004.25: ewes 90-150 lbs. medium to choice, ’51.2502.50; all weights cull and common, 75c®*2: feeding s*2s*’ lbs -’ good an< s choice, *4.75® By United Press , Be Pt- 28 —Hogs- Receipts, 1.500: holdover, none: steadv to 10c lower; 140-300 lbs., *4 40 0 4.50; pigs. *4.25. Cattle —Receipts, 350: more active, steady; common to medium steres. *4.750 6.25; cows, *1.500 3; occasionally *3.50. Calvea—Receipts. 450; strictly market toppers active; spots. 50c higher: others, slow weak: good to choice. *7.50®8: few *8.50: cull to medium mostly S4O 8.50. Sheep—Receipts, 1,500: mostly steady: top. 10c higher; desirable lambs. *606.25; park deck. *6.35cull to medium, *305. By United Press , Sept. 28.—Cattle Receipts. 175: slow, about steady; bulk common and medium steers and heifers. *3@s;' bulk better finished offerings eligible to $8.50 or better; most beef cows. $3 down; low cutters and cutters. *l®2: bulls. *2.75 down; bulk stockers and feeders. $4 25® 5.50. Calves—Receipts, 225; steadv; bulk better light vealers. *0®5.50; medium grades and heavy calves. *3 500 4.50throwouts, *3 down. Hogs—Receipts, 500; c <c lo ? n e n r: ,u l7s ' 240 . lbs • * 4: 245-295 lbs.. *s!s: *OO lb* up. $3.35; 140-170 lbs.. *3.55; 135 lbs. down, $3.05; sows. *1.7502.50 and stages. *1.55. Sheep—Receipts. 100 all c asses steady; bulk good lambs, *5: choice eligible higher, medium and lower grades *4 down; fat slaughter ewes. *lO 2; most stock ewes. $5.50 per head down. Tuesday s shipments—74 cattle and 100 sheep. By United Press FT. WAYNE. Ind.. Sept. 28.—Hogs—Market, 10c lower; pigs. *3.5003.75: 140-170 ■bs. **.75®3.90; 170-260 lbs. *404.10; 250300 lbs., *3.90®4: 306-150 lbs . *3 800 3 90 roughs. *2.7503.25; stags. *15002: calves'. *6.50; ewe and wethars, *5.25; bucks, *4.28! By United Press PITTSBURGH, Sept. 28.—Hoga Receipts, 1,000; market mostly 10c lowerprices 150-240 lbs.. *4 40 0 4.55 ; 250-280 lbs’ $4.20® 4.35: pigs. *3.850 4 35: packing sows steady, bulk. *3 25 0 3.50 Cattle—Receipts, 25; market unchanged; plain grass steers quoted. $3.50® 4.75 better kinds up to *6.65: common to medium heifers, *3® 5: medium bulls. *3 35 downward. Calve*— Receipts, 100; market better grade vealers steady at *6 50®7.50. Sheep—Receipts. 1,250; market slow, bidding weak to 25 cents lower; bid, *6 downward for desirable lambs. By United Press EAST ST LOUIS Sept. 28—Hogs—Rece.pts. 8 000; market, strong to 5c higher; top. *4 20: bulk. 150-250 lbs.. *4 05 0 4.15; 100-140 lb*. *3.7504; sow*. *3 6503.40. Cattle—Receipts. 2.800. calves, 1,200 market. slow, with indications weak on steers: a few early sales mixed yearlings, heifers s*nd cows steadv; bulla 10®15e lower vealers 25c higher at *6.50; cows largely *2 250 3; low cutters. *1 2561.50; top sausage bulla. (2.85. Sheep—Receipts. 1.000: market, opened steadv to 25c higher: better lambs to shippers aiid small kule-s, *5.6006; packers talking lower. By United Press LAFAYETTE. Ind., Sept, 28— Market steady t.) 10c lower: 225-275 ibs.. *3.956 4 05: 275-325 lbs. *3 7003 85: 180-225 lbs. *3 90 04: 140-180 lbs *3 70 0 3 85: 100-140 lbs.. *3.5003.80. roughs. *3.50 down; top caivts, *5.50. p lambs, *5. y

BELIEVE IT or NOT

l FoR 500 | All The pHSHoPb " ■ MM VKMs \JM ■ : jfl \ yPNK / HAVE PEEN CROWNED jg WJ VJITH THIS M * "> * r r I- I'-.r.-it G .„ >■ COLUttBOS synchronous electric motor wmA e mtsw ONE-HAU CR.CKET POWER tolZ . • clecti-ic Cos. £5(C> - 9 _ as

Bright Spots of Business

By United Press NEW YORK. Sept. 27.—A nation-wide poll of investment bankei-s indicated 84 per cent believe a “turn" in business Is here, while 86 per cent say stocks and bonds have touched “bottom.” DAYTON. 0.. Sept. 27.—A 25 per cent gain in sales electrical refrigerators by the Frigidaire Company in the last twenty days of September, compared with the corresponding period of August, was reported by H. W. Newell, vicepresident in charge of sales. NEW YORK —Sales of the Simmons Cos., bed and furniture manufacturers, were 45 per cent .higher In August than in July and currently are running 25 per cent ahead of August, officials said. CHICAGO—The Railway supply industry is showing a distinctly hopeful feeling for the first time in a “considerable period,” Harry A. Wheeler, president of the Railway Business Association, said. NEW YORK—Time. Inc., publishers, declared an extra dividend of 12* cents a share on the no-par common stock. MlNNEAPOLlS—Minneapolis h St. Louis railroad reported net operating income of $55,128 for August, against $924 for August, 1931. ANDERSON. Ind.—The Delco-Remy and Guide Lamp plans of the General Motors Corporation will resume operations here Oct. 3.

Chicago Fruit .

By United Press CHICAGO, Sept. 28.—Apples Wealthies bushel, *1.9001.10; Jonathons bushel, $101.25: Michigan Wealthies bushel, 9061.10: Mclntosh bushel, 90®$1. Cantaloupes—Western flats, 40®75c; Honey Dew Melons, 75® sl. Pears—Michigan Bartletts bushel. $lO 1.15: others bushel, 50® 65c. Peaches —Michigan Albertas bushel, 85c®51.15. Grapes 4-quart baskets Michigan, 9® 11c; 12-quart baskets, Michigan. 20®22c; Indiana 12-quart basket Indiana, 21023 c. Other Livestock By United Press EAST BUFFALO. Sept. 28.—Hogs—On sale, 1,600; fairly active; weights above 160 ibs., strong to mostly 5c over Tuesday's average; lighter weights about steady; desirable 160-240 lbs., *4.60 to largely $4 65; few $4.70: weights below 150 lbs., $4.25® 4.50. Cattle—Receipts, 150; holdovers, 200; slow, steadv: plain grass ster*. *4; cutter cows. $1.2502.50: few fleshy cows. $2.50® 3; nothing done on holdover steers. Calves —Receipts, 125; vealers generally 50c lower; good to choice. *7.50; common and medium. *4.75®6.50. Sheep—Receipt*. 600; lambs active, steady; good to choice. *6.35; common'and medium, $4.75®5.50; inferior throwouts, $4.25 down; bucks largely *5.50. By United Press TOLEDO. Sept. 28.—Hogs—Receipts, 375; market, 10c lower; heavy Yorkers. *4.10® 4.15; mixed, *4O 4.15: bulk. *4O 4.15; pigs *3.750 3.85; lights. *3.75® 4: roughs. *3® 3.25. Cattle—Receipts. 650; market slow. Calves—Receipts, light: market 5c lower: choice to extra. *707.50: fair to good, *6 06.50. Sheep and lambs--Receipts, light; market slow; spring lambs, *3@s. By United Press CINCINNATI. Sept. 27.—Hoes—Receipts. 3,200; no direct or through; holdover 790 head; unevenly steady to mostly 10c lower; spots 15c off on underweight; better grades. 180-230 lbs.. *4.40; some 235-290 ibs , *4.1504.30: 310 lbs. down to *4; 130180 lbs.. s4®4 15: some, *4.25; sows, *3® 3.25 mostlv. Cattle—Receipts. 650; calves, receipts. 450. Steer and heifer trade practivally at standstill; a few scattered sales common and medium grades around *3.50 05.50: cutter material downward to *2.50 or below; a few better finished yearlings, *6®7: grassy beef cows. *2 7503.25; low cutter and cutter cows. *1.2502.25; bulls weak, practical top. *3.35; vealers draggy. mostly 50c lower; good and choice. *5.50® 6; largely a few selects at *6.50; lower grades generally *5 down. Sheep Receipts, 1.500 head; about steady, supply light: qualitv not verv desirable: a few medium. *305; fat aged ewes. *1®1.50. Births Boys Morton and Goldie Hyatt. 1123 Calhoun. Paul and Mary Overman, 4212 East Thirtieth. Charles and Betty Read. 2237 Yandes. James and Ruth Caine, 3417 East Kelly. Enoch and Fieta Swindle. 1265 Standard. John and Nanny Haynes, 2044 Hartindale. Wayne and Marie Thomas, 1429 East Raymond. Scott and Helen Mellene. 2124 Winter. Orien and Inez Fruits. 443 North Arnolds. Dan and Geraldine O'Connor. St. Vincent's hospital. Donald and Thelma Underwood. St. Vincent's hospital. Alvin and Lesta Chiveliff, 1058 West Thirty-first. Melvin and Dorthea Richey. 2432 North La Salle. Charles and Geneva Carlson, 1507 South Churchman. Girls Stanley and Delphine Myers. 2605 West Jackson. Alonzo and Dovey Easey, 409 West Thirteenth. Simon and Hazel Lausman. 116 North Herman. Jesse and Arizona Danford, 426 Irving place. John and Arbutus Worthington. 942 Bell. Albert and Lorothy Nells, 18 East Arizona. Nathaniel and Roxie Cade. 838 South Pennsylvania . Rusaell and Margaret Williams, 2435 Wheeler. Arthur and Mary Bundling. St. Vincent s hospital. Brvint and Helen Hodgin, St. Vincent s hospital. _ Girl Twins Albert and Mary Lomax. St. Vincent's hospital.

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

All items in Ripley’s “Believe It Or Not’’ in Tuesday’s Times were self explanatory. Thursday: The smallest American check." *

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds, 13c; Leghorns, 9c. Broilers. colored springers, pounds up, 11c; oarebacKs ana partly leathered. Bc. Leghorn and black. IV* pounds up. 10c. Cocss and stags. Be; Leghorn cocks. 4c. Ducks, large white full featnered and fat. 4c; small full feathered and fat. 2c. Geese, tuli feathered and fat. 4c. Young and old guineas, 15®25c. Eggs—Approved buying grades ot institute ol American Poultry Industries No. 1,21 c; No. 2, 15c; No. 3.9 c. Eggs—Country run. loss off 17c. 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. 28.—Potatoes—Market. dull; Long Island. 7sc®’*l.6o per barrel; New Jersey, 65c®51.25; Maine. $1.20® 1.50 er barrel; Idaho, $250 per sack. Sweet potatoes—Steady: Jersey baskets, 50c®*1; southern, barrel, *1.2502.25; southern, basket, 35®b0c. Flour—Dull; springs, patents. $3.t)0#4.25 per barrel. Pork Steady; mess, *18.25 per barrel. Lard Steady; New York refined, 17c gal.; crude Pennsylvania. $1.37® 1.87 barrel. Grease Steady; brown, 2%®2%c per lb.; yellow. 2 3 * <02% per lb.; white, 3%®4%c per lb. Tallow—Steady; special to extra. 3!4® 3% per lb. Common hides inactive. Hides, city packer, quiet; native steers, $8; 755 brands, Colorados, 7c. Dressed poultry—Steady; turkeys, 14® 28c; chickens. 13®24c; broilers, 14®24c; fowls. 10® 22c; Long Island ducks, 14016 c. Live poultry—Dull; geese, B®l4c; turkeys, 15®20c: roosters, 10c; ducks, BWlsc; fowls. 12® 20c; chickens, pullets, 18® 23c. Cheese Dull; young Americas. 13%®17%C. Butter —Market easy; creamery higher than extras, 21®21%c: extra 92 score. 20%c; firsts, ?lscore firsts, 88 to 89 score 17 3 4®18 1 /4c; seconds. 17®>17%e. Eggs Market, firm; special packs, including unusual hennery selections, 26®.29%c; standards. 24%®.25%c; rehandled receipts, 23® 23* 2C. Bt/ United Pres* CHICAGO, Sept. 28.—Eggs—Market, easy; receipts 5,386 cases: extra firsts, 23 h io*iSii flrst i . 2^ 3c; cu r™iit receipts, 19®21%c; dirties. 12® 18c. Butter—Market, easy; receipts, 5,640 tubs; extras. 19c; extra firsts. 18®18%c; firsts. 16%®i7%c; seconds. 15®15%c; standards. 19c. Poultry —Market, weak; receipts, 67 trucks; fowls, springers, 11013 c; Leghorns, 9 2C, ducks 11® 12%c; geese. 9@loc: tur--10014c; roosters. '9%c: Leghorn broilers. 10c. Cheese—Twins, 12 1 4®12 , ,c young Americas, 12%®13c. Potatoes—On track. 349; arrivals, 94; shipments, 477: market dull; Wisconsin cobblers. 60® 67%c; Minnesota cobblers. 60® 67c; Minnesota and Land Ohios. 55 0 60c; South DaohJos - * sc: Idaho russets, *1.05 01.20; Colorado McClures, $1.0501.10. By United Press CLEVELAND. Sept. 27.—Butter market, weak; extra*. 19'ic; standards. 19V,c. Eggs —Market, steady; extras. 16c: extra firsts. 22%c: current receipts. 21c. PoultryMarket. steady; colored fowls. 15® 16c; Leghorn fowls. 11012 c; heavy rump broilers 15016 c; Leghorn broilers. 13c; colored 15C; ,-. roek , hvoilers. 13® 14c; ducks. 10®12c; old cocks. 10® 11c; young geese. 10012 c. Potatoes—Ohio and New York No. 1 cobblers partly graded, 100 lb sacks. 85®90c; sacks a bushel. 450 50c poorer grade*. 40c; 35 lb. sacks few sales; Z 7 cents. By United Press CINCINNATI. 0.. Sept. 27—Blltter— Packing stock. No. 2. 12c: No. 3.8 c; butterfat. 14@16c. Eggs—higher; cases included; extra firsts. 25c; seconds. 19c; nearby ungraded. 23c. Live poultry—(Following quotations represent prices for poultry in good healthy condition. Thin and coarse stock sells onlv at heavy discount!. Rowls. 5 lbs. and over 15c; 4 lbs. and over. 14p: 3 lbs. and over. 12c: LfKhorns. 3 lbs. and over. 10c; roosters. 7c: colored broilers. 1 lb. and over. 17c: 1% lbs. and over. 14c; 2 lbs. and over. 13c: fryers. 3 lbs. and over 13c; roasting chickens. 4 lbs. and over. 15c; partly feathered. 10c: Lefihorn broilers. 1 lb. and over. 15c: 1 % lbs. and over. 13c; 2 lbs. and over. 10%c: black springers. 10c: ducks, under 3 lbs., sell at liberal concessions: soring ducks, white. 4 lbs. and over, lie; under 4 lbs.. 7c: colored. 4 lbs. and over. 9e: under 4 lbs. 7c: guineas. 10c; spring guinea*. 1% lbs. and o(er. 15c: 2 lbs and over. 18c. Turkevs—No. 1 hens. 8 lbs. and over. 18c: voung Toms. No. 1. 10 lbs. and over. 15c.

Local Wagon Wheat

Cltv grain elevators are paving 43c <or No 2 soft wheat. Other grades on their merits.

RAW SUGAR PRICES —Sect. 27 High. Low. Close. January ... 1.02 March 1.02 1.01 1.01 Mav 1 05 1 05 1 05 Julv 1 09 1 09 1 09 September 1.13 1.13 1.13 December 1.06 1.05 1 05

City-Wide Service I_jfktcher (Trust I— Compang —-

LOANS AT REASONABLE RATES FOR ALL WORTHY PURPOSES The Indianapolis Morris Plan Company Dels war* and Ohio St% Riley ISM

1-t Y *nure6 TANARUS) JL Patent Office RIPLEY

Dow-Jones Summary me

Illinois Central system in August reported net operating income amounting to $929,035, against *1,442,062 in August 1931; eight months amounted to $6,385,882, against $5,931,447 in first eight months of 1931. Offering of *100.665.000 91-day treasury bills were sold at an average price of 99.911 equal to .23 per cent on annual basis. Chicago North Western in August showed net operating income of *675,867. against, $1,136,164 in August 1931; eight months net operating deficit totaled *796,978 after net operating income of *5,278,849 in first eight months of 1931. Louis K. Liggett Cos., subsidiary of the United Drug Company will have to undergo a reorganization unless it can obtain a substantial readjustment of its rents, according to President Gales. Boston s Maine in August reported surplus amounting to $50,877, after charges against $346,720 in August, 1931; eight months totaled *234,987, against *2,591,077 in first eight months of 1931. President Merrick of Westinghouse Electric says company is prepared to spend *1,260,000 for raw material, supplies and development work. St, Louis Southwestern Railway system in eight months ended Aug. 31. 1932, reported net loss of $2,438,712 after taxes and charges, against net- loss of $434,394 in first eight months of 1931; August net loss amounted to $444,022 after taxes and charges against net income of $10,329 in August last year. World Exchange bank which has paid depositors 100 cents on the dollar, will pay stock dividend of *3 a share on its 5,000 shares of outstanding stock. American Smelting and Refining Cos. reduces price of lead 10 points to 3.30 cents a pound. New York federal reserve bank gold holdings Monday increased *3.996.40(1 of which *1,496, <OO was imported from Holland. N." Y., N. H. & H. in August reported deficit totaling $478,583 after charges against surplus of $572,282 in August. 1931; eight months deficit amounted to $75,243 against surplus of $6,271,789 in first eight months of 1931. Deaths Homer E. Wheeler, 44, 1337 Pruitt, acute nephritis. Parthenia House, 44, 1334 Kelly, mitral Insufficiency. Julia E. Klund. 83, 1335 College, arteriosclerosis. Emma High, 80. 123 West Twentyseventh, vascular renal disease. Robert MrAulev 27, Methodist hospital, pneumococcic meningitis. Charles I. Redibk, 61. Methodist hospital. intestinal obstruction. Walter Allen Ford, 73, 1815 Park, cerebral hemorrhage. Roy Dee Moore. 3 months, Riley hospital. cerebro-spinal meningitis. Wiliam H. Boatman. 75, 1348 West Thir-ty-third. arteioaclerosis. Peggy Jean Brickert. 1. 347 South LaCleae, broncho pneumonia. Otie C. Russell, 64, 3019 Barnes, cerebral hemorrhage. Theresa Joyce Mvers, 2, 513 Edwards, acute aastro enteritis Henry Anderson. 25, 1317 Columbia, broncho pneumonia. Blaine Malcom. 47. 424 South Oakland, angina pectoris. Anna Culbertson. 45. 516 Lockerbie angina pectorir. .William Donald Smith. 4 hours. 1038 West New York, acute dilatation of heart

Robert Barr & Company Dealers in Investment Securities Merchants Bank Building Indianapolis Telephone Riley 1581 Indianapolis—St. Paul—Minneapolis—Denver—Chicago,

“If There Is a Market We Hare It" Investment Management, Inc . Without Cost or Obligation ... We will prepare for yon, 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 Trust Building Telephone RI ley 5435-5436

PAGE 11

RAIL SHARES SHOW GAIHS IN SLOWSESSION Majority of List Inactive: Prices Mostly Uneven in Narrow Range.

Average Stock Prices

Average of thirty industrials for Tuesday s high 73 42. 6ft 98. 71 49. off 43. A\ - erage of twenty rails 35.73. 34 25, 34 82. off .11. Average of twenty utlilties 32 32. 31.18. 31 72. up .30. Average of forty bonds 81.81. off .02. BY ELMER C. WALZER United Frees Financial Editor NEW YORK. Sept. 28—Prices moved in a narrow range on the Stock Exchange today. A sizeable list of issues opened where they closed last night. That group included Steel common at 43%; International Telephone, 13%; American Smelting. 19%; Bethlehem Steel, 23's: Montgomery Ward, 15%. and Anaconda, 13. Railroad issues made small gains. Oils were fractionally lower on gasoline reductions by several companies. Utilities were mixed with American Telephone at 112, off %, and Consolidated Gas 80'q, up Auburn gained a point to 55 in the motors. Selling was resumed in Drug, Inc., and the stock eased 4 to 37 1 s. Tickers lagged along in the early trading, but the price trend was toward slightly higher lewis under the leadership of United States Steel, which rose toward the 45 mark. The Iron Age today confirmed estimates of increased steel operations. estimating the industry at 17% percent of capacity as a result of a jump from 13 to 17 per cent in operations at Chicago. Electric Power output for the week ended Sept. 24 improved over the preceding week as compared with the corresponding 1931 week.

Bank Clearings

INDIANAPOLIS STATEMENT - Sept. 28 - Clearings *1,415 000 00 Debits 3 740,000 OO

Foreign Exchange

(By Abbott, Hoppln & Cos.) —Sept. 28Open. Sterling. England 3 45% Franc, France 0392 Lira. Italy < 0513 Franc. Belgium * 1388 Mark. Germany 2380 Guilder. Holland 4015 Pereta. Spain 0818 Krone, Norway 1738 Krone. Denmark 1791 Yen, Japan .2431

Investment Trust Shares

(By Abbott, Hoppin A Cos.) PRICEB ARE TO 12 NOON C. 8. T. —Spe.t 28— Bid. Ask. Am Founders Corp com 1.50 2.00 Amer and Oen Sec iAi 500 10.00 Am Inv Tr Shares 2.25 2 50 Basic Industry Shares . 2.30 2 50 Collateral Trustee Shares (At. 325 3.60 Corporate Trust new 1.85 1 95 Cumulative Trust Shares 3 00 3 25 Diversified Tr Shares (A) 8 00 8 50 Fixed Trust Oil Shares iA• 750 8.00 Fixed Trust Oil Shares )B> 625 675 Fundamental Tr Shares (Ai... 3.37 362 Fundamental Tr Shares ißi... 3.37 362 Leaders of Industry (A) 300 3.50 Low Priced Shares 3.12 3.37 Mass Inv Trust Shares 15.50 17 00 Nation Wide Securities 2.90 3 09 North American Tr Shares 2 00 Selected Cumulative Shares... 5.75 612 Selected Income Shares. .S .... 300 337 Shawmut Bank Inv Trust 2 50 Std Amer Trust Shares 3.12 3.50 Super Corp of Am Tr Shares.. 295 300 Trustee Std Oil (A) 350 375 Trustee Std Oil B> 350 375 U S Elec Light A Pwr (Ai 16 50 17 00 Universal Trust Shares 330 2.40 Chicago Stocks Opening (By Abbott. Hoppin A Co.t —Sept. 28— Bendix Avia ... 14% Middleweat .... <4 Borg Warner .. 11> 2 Swift Inti 9'4 Cities Service.. 4' ■ Walgreen 3t ... 14 Grigsby Gru... I*l

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We Buy and Sell ( U. S. Government Bond* Federal Land Bank Bonds ] Joint Stock Land Bank Bonds j T. P. Burke & Co* Incorporated SUITE 722 CIRCLE TOWER 1 PHONE Riley 853*

The Strong Old Bank of Indiana The Indiana National Bank Os Indianapolis

Insurance Os all kinds excepting Life. AETNA TRUST AND SAVIN6S CO 23 N. Pennsylvania St. Lincoln 7371