Indianapolis Times, Volume 45, Number 74, Indianapolis, Marion County, 5 August 1933 — Page 9

AUG. 5, 1333.

Wall Street Advances to Banks on Preferred Stock by Government Should Prove Important Spur to Trade. BY RALPH HENDERSHOT Time* special Financial Writer

The srovprnmr-nt now is prepared to furnish the banks with funds with which to make loans to industry. It will take back preferred stork as security lor the advances, according to Jesse H Jones, chairman of the Reconstruction Finance Corporation. The move should prove one of the most effective steps the government has taken thus far to spur trade. In all probability many of the larger Wall Street banks will not be very strong for the idea They would prefer to loan their own money in their own way They have plenty of funds with which to make loans, hu’ they have been afraid to make them for fear they might not turn

out so well. They cannot earn a reasonable return, therefore, on the funds they have, so they are unlikely to desire more. But there are many other banks In the country Wf,.-h undoubtedly will be ready and eager to accept the government aid. They would stand to, risk very little and to make a great deal. If they could get money at 4 per cent, for instance, from the government and loan it out at 6 per cent mast of them could increase their earnings to common stockholders tremendously. And the fact that borrowers could get funds at Uiese institutions if loans were denied at their regular banks would tend to make the latter loosen up for fear of losing customers. Would Help Smaller Borrowers ts may be claimed, of course that industry is not in the market for loans, but that is true only of the sfrongor companies. The second-string concerns which have little in the way of marketable securities

Ralph Hondershot

or the other kinds of collateral now being demanded as hacking for loans rouid use funds to advantage in their business. It is evidently toward these concerns that the government Is directing Its attention. To advance money to banks indiscriminately on preferred stock collateral would seem ’<* be rather risky business for the government. It would tend to encourage the speculative use of the funds. And we mipht easily run into a now period of overexpansion. But if the government is careful with Its advances and the banks are careful with their loans everything should turn out satisfactorily. The Oil and Steel Codes Some rather interesting developmnets may be expected before the end of this week in connection with the oil and steel codes of business practice. Opposing factions in the oil industry were unable to agree on a platform, so General Hugh S Johnson, NRA director, set about drawing up one Thu- Will be made public soon, and It should be interesting from the standpoint of seeing which side of the controversy he favors, as well as from the standpoint of furnishing a definite idea of how the government thinks a rode should be prepared. The shining lights of the steel Industry are In Washington to see that they get the best code possible. Myron C. Taylor, head of the United States Steel Corporation, and Eugene C. Grace, president of the Bethlehem Steel Corjioration, are directly behind Robert P. Lamont, former cabient officer, who Is leading the fight for the steel concerns.

New York Stocks

—Aug 4 Trade Suspended t 12 20 E I> High. Low. Close, close Amerada - 2? ii ' AU Hlg 24% 2 i v 2 ir. , 4 Barnsdall • * J,‘ , nl * i O % Conv-l OH }o,** “ " 2 * ,% Con' „f r>l 13’* 13'a 13 a 13 * Hm: toil (.newt 44 ~?% Houston * old • •• - • • “Ji: Indian Rfe ,T. oho on . 11 * \l* J. Pet Chrp }2 j 3 ,* rhiiups Vet „ 12 Pure OH B'* * 8 * J * Koval Dutch 22, Bb ■ > N • ‘i* 13 * Shell Union ' * ‘ * * * • <, Kkellev Oil ■ • , Bor Vac U . H - ' 8O o! o*l 341* 34>, 34% 3S B O of N J 35 3 * ’ Run 0,1 ‘ „ %.a is*. I Texas Corp 33 21 4 21* **, * Tides aier Assn. 8 ‘ • * 4 .5,* l'n Oil of Cal 1® * ls * Mills . 20*a 20 20V 20*. pe'h Strci - I <* 38 1 a 38 a 3®* Bver- A M 30 20'a 29 3l a Col Fuel A Iron. 5% 4 % a a Cruc Steel 28% 28% -8 * 2 ?,‘ Gulf Sts Steel.. 27 1 Inland Steel 3* Si ... Ludlum Steel 14 >4 . McKeesport Tin. . . . • ■*, I Natl S'eel 40 39 , 39 a 0% Rep Iron A- Steel I.'. l‘a 16 a w I Rep I A- Stl pfd . 38 39 , r S Smelt .. "6 74’, *4* '* * . Vanadium . 24 38 -3 f} * ' Midland . .. 13'a 13 13 a 14 U S Pipe A- Fdv . . '* * *’ * U S 3!eel 52 51% M’a ”% U 8 Steel pfd . 96 I Voungstn SAT.. . • 25 - j At*h -on . 58% 87*4 38 58% , All Cst Ltne • ... 4b U ,v O 28 27 2‘ 28*4 ; Dan Far . 16% 15% 16 16% Dh Jr Ohio 43'a 42% 42 42* Chi AQt W S’ * * r m a- st r . * ,2- ;• MASt P pfd 13*4 13% *3% 13% Dh: N\V 10% 10% 10% 11 Uhl R I*l ■ • 6 * * 3 I Dels A Hud 7 ",* |; r!e 22 22% D*n Northern pf . 25% 24 * j 1! Central 39% 37% 38% 40% -am A- Nash • ■ a j MKA T.. H e I]’* I* * l ; * Mo Pac 6% '4 6 • N Y Cent 42 41 42 42% N Y Chi ABt L 25% 25% 25% 26 NY C A St 1. pf 28 .9 • N Y New Haver. .. -• * -® t - N Y Onl A Wes. . • *" * Nor Pac . . -} -i * Penn R R 35 34*. 34% 35 Reading ■ ’. V*U Pac 28 25% 25'. 26 Amt R H 25% 24% .5 25 | Union Pac I‘s’* 11*%' Wabash 4 3* IV Marviand H 4 12 - Chrysler 33% 32% 32% 33 - tten Motors .... 29 -8 • -®.* Graham Mt .... • * 4 .?. Hudson 10 s 10'a 10 lt' Hupp ** 5 ’ 4 5 ’ 4 ,5 - Msrk Truck . .. ■ ■ • ■. ” Nash !’• 1 ™ Packard 5 4. 4 . Peo 3N 3% 4 Rtudebaker *’ 5 T Fellow Truck • • s Motor Acres* — .. ... ... Bendtx 15% 15 15 a 15 a 1 Hi’hn Alum 39 . Borg Warner . 15 4 Js,* Briggs . 10's ft :1d Wheel „ * • Eaton Mtk 13% 12% 12; * 13 Elec Auto Lite . lea I*% I*’ •* 1* - ttoud Hershev ... . 4 4 4 Mullins Mfa I, 4 Murrav Boov . . 8 .’4 •% St - '* Warner R's “ ® * Timken Rol ... 28% 24\ 25 26 Mining— Atfiska Jun . ... 24% 23 a 23 4 24 * Am Smeit 33% 32% 33 33 Anaconda , 16'. 16 16% 1* r.a'. A Hecl.a . 6% 6 ■ Cerro De Pasco 32% 30% .1 3. Granbv 11 '4 11 *1 13 l!ome*takr Min 225 220 220', Howe Sound 24^ Ins Copper .. . . •• int Nickel 18%- 18 18% 18% Kenner'tt Cop 19*. 19 19% 19*. 1 Norand. Cop 31'a 31% 31% . | Pheip' Dodge 15 14*4 15 14’. , puts roa - . ... . . 15% ... Tohacel*.— ... 1 Am Sum Tot* ... . . • 18' .- Am Tab i.A R 4 * 4 82 'a 82% 84% Am Tob (B 87% 85 85 86*. Gen Cigar . ■ 38*4 t ;gg A Mrers B 91% 91*. 91% 92 LorllUrd 21'a 21S 21% 21% Vevnc'rfs Tob B 48 47 47 48% Fouipmenl.— \:iis Chalmers . 17*. 17 17% 18% Am Car A Fdy,. 26% 26 26% 27 Am Loco .. ... ... ... 26 Am Mach A Fdv ... ... 17% Am Steel Fdv .. 18% 18 18% 18% Bald Loco . ... 11% 11% 11'% 12 Burroughs .. .. 15% 15% 15% 15% Case J I- 68*4 64% 65 67 Cater Tract 20% 20% 20% 21% Colgal Palm Pt 16% 16% 16% 17 Console ;m ... 20*4 20% 20% 21% E>r Stor B.a: . 42 Foster Wheeler 16% 15% 15% 15% ; Gen Am Tk Car . 34 35'. Gen Elec ... 22*4 22% 22% 23% In go! Rand 60% 54 5858 62% Int Harvester .. 34% 33% 33% Kelrlnator 10 10% Nat! Cush Reg 17 17% Proc A Gamble 39 39 Pullman Inc 47’ 4 47 47 47 Simmons Bed 23*4 22% 21 23% Und Elliot .. ... 38 28 Writ Air B 26% 27 Weattngh Elec 41 40% 40*. 41 Worthington Pm 26%. dilute*— Am A For Pwr . U% 11% Am Power A Lit 12*4 12% 12% 12*4 AT&T 123% 123% 12% 124% Am Wat Wks 28% 29% Brook t'n Gas ... ... 8! Col Oa* A Elec 19% 9! 19% 19% Cam A Sou 3*4 3% 3% 3% Ccnsol Oas 51% 50% 51% J?% Elec Pwr & tat. 9% 9 9 9% Int TAT 14*4 14% 14% 14% Lou O A E A . 20 21 N%t Pwr A Lit. 15 14*4 14% 15% North Anter ... 25% 24% 24* 25*4 Pac OAK-. • . 26*. 27 Pub Sen N J... 46% 44 46 46% Bo Cal Edison 22% 23 Sid Oil 14% 13% 14 14% fluted Corp ... 9% 9% 9% 9% fn Gas Imp 20 19% 20 20 ft Pr & Lit A .. ... 5 5 Western Onion.. 60 59 59% 61 Kubbwra—p:re' n* 23 a 22", 23 24% Goodrich 15 14% t<% 15% Goad year 35*4 35 35 % 3C % f 8 R ibbar 18 17% 17% 15 . V S Rub pfd . . . 32% Kel Spring .... 4% 4 4 4 S 4mu*ement*— Crosltr Radio 9% 9% Fox Film , 3% Loews ln r% 26 26 % 27 Radio Chr* 8% 7% 7 * 8% RKO . 3% 3% 1% 3’. Warner 8r05... - r 7% *A 6% 7%'

(Bv Abbott. Hoppin & Cos.)

Fends— Am Sugar 57% 58 Armour (A* s'i 5% 5% .5% Beatrice Cream y . . 17% 18% Borden Proc 31% 31 31 32% Car! Packing ... ... 26 , Can Dry G Ale 29% 29 29 30 Cora Cola . . ~ ... 96 Cont Bak (At U% 11% 11% 11% Corn Prod . 81 79 80 80% Crm of Wheat 31 Gen Foods .35 34% 35 35', Child Dust 21% 20% 21% 21 % I O W Sugar 30% 30% 30% 31% Hershev 55 Int Salt I 23 Loose Wiles . ~ . . ... 351, Natl Biscuit.. ... 54 54% • Natl D Prod 20% 19% 20% 20% Pc - Mtik , ip, 10% ! Purity Bak . 18% 18 18 18% S Porto Rico R. . 37% 37!, Std Brands 26' 7 25% 26% '•’6% United Fruit 56% 55 55 57% Ward Bak 'A' . . 15% Wrigiey ... .. [ %a | Oimbel Bros 4'. p 1 Or Un Tea 7 Hahn Dent St . . "6 k Kresge S S 12*, 12 12 13 Kroger Groc 26 25% 25 T ANARUS 25®. M.ICV R H . 51% 51 51% 51% May Dent. St . 25 Mont Ward 21% 20*. 20*, 21% Pennv J c 42% Safeway St . .51 50% 'so'. 51 ,' Sears Roebuck 36% 35 35% 36% Wool worth .... 41'a 41% 41% 44 Avtatinn— Aviation Corn.. 10% 10 10*, 10% ! Douglas Air 14 13 s , 13% 14% Curtiss Wright. . . 3% I Curtiss Wright a 6% 6’, ' S', 6% Nor Am Av . 6 s® 5% 6 United Aircraft. 31% 30% 31 31% Chemicals— Air Reduction... 96% 95 95 98 Allied Chcm . ... ... 117** Am Com Alcohol. 47® 13% 47 46' a Col Carbon . . 54 Com Solvents . 32 3P 3i% 33 Dupont . ..69 68 69 69 % Freeport Tex 38 37% 38 38% : Lio'ild Carb .73% 31 s * 32% 32% Math Alkali 32% 31% 31% 32% Tex Gulf S'ilPh. 26% 26% 26% 27% Union Carbide 41 % 40% 40% 42 V S Indus Alcohl 62% 60 62 63* Nat Distil 86 83% 88 86** Drugs— Cotv Inc 5% 5% Drug Inc . 46 45 45'. 46' 3 Lambert . . ... ... 32> . Lehn ft F'.nk 20': Zomte Prod 5% 5% Financial— Adams Exp ... 9% 9 9 9% Allegheny Corp. 5% 5% 5 1 V 5% Che.sa Corp ...... ... . 40% Transamerfca 7% 7 7 7% Tr Conti Corp . .. ... C% 6% Building— Am Radiator . . ~ ... 15% Gen Asphalt 18% jg®, tg®„ jg Johns Manville 44% 43 14 46 I ibbv Owens Ol.x 26', 25®, "S 27 Otis Kiev 17% 17 17'- 17 Ulen Const , 4 Miscellaneous— Am Bank Note .. 30% Am Can . 84% 83®, 84% 83% Anchor Cap 25’, 24 24 25®, Btklvn Man Tr 31% 31% 71% 32 Con; Can 60 60’ Eastman Kodak. 75 74% 74% 77 Owens Bottle ',8% 78®, Gillette . 13% Ghdden . . 14®, 14% 14% 15% Gotham Stik ... 10®, 10% 10% 10®, Indus Rayon . . ... t3 6.5% Intr Rapid Tr. .. ... ... 6®, Real Silk Hose 131, New York Curb (Bv Abott. Hoppin As Co* Aug. 4 „ Clr kf , . Close Am B\ 2®, Lake Shore Mm 40 Am Cts Pr&Ltß 4 Lone Star Gas 9% Am Cvan B 12% Natl Bellas Hess 2% Am Gas *EI 34 Niac Hud Pwr 10% Am Sup Pwr 5 Pan Am Airways 47*. Ark Nti Twr A 2 Parker Rstprf . 60’z Ass Gas A . I®, Pennroad Atlas f Corp.. 13' Pioneer Old Min 11 Braz Tr ft I t 13% St Regis Paper 5 Can Marconi . 2 % Salt Creek Prod s®, Cent Sts El . 2% Sega! Lock . . . 1 Cries Serv 3% Std Oil of Ind . 16 Commn Edison. 64% Stutz . ... 14% Cord 10 Trans'ux 2% Busier Elec 1% United Founders I®, r ! Bnd ft Sh 23% United Gas .. 4% Ford of Fnc V. Un Lt ft Pwr A 5% Hudson Bhv Min 01 . United Verde 4 Imperial Oil 12®, Ut I Pwr * I t 2 In‘l Peirol . 19% .Vrlcht Hargvs 7 New York Bank Stocks >Bv Abbott. Hoppin ft Cos. 1 Bid. Ask Bankers 62®, 63' * Brooklyn Trust 115 119 Centra! Hanover 143 144 Chase National . 28 38 1 - Chemical 37% 38 National Crx 32 321 2 Corn Exchange 56 57 Continental 151, 15s, SP‘re 20 20’j First N.'Ulona! . 1 440 1 460 Guaranty 321 333 Ding 19% 20 Martha - ten ft Cos 29% 28®, Manufacturers 17% j 7. New York Trust 98 99 Public 34 % 35 Liberty Bonds Ha ’ . ; /‘rest NEW YORK. Aug 4.—Closing Liberty Bonds (Decimals Represent 32nds 1 Liberty 3%s .32-47' . .102 20 Liberty First 4%s J 2-4- 10125 Liberty Fourth 4%s • 33-38 102 75 Treasury 4%s ,47-52* 109 28: Treasury 4s (44-54, 105 31 1 Treasury 3®,s 46-56 104 15 Treasury 3%s (43-47* 102 2 i Treasury 3%* . 40-431 June 10122 Treasury 3%s 46-49 .. . 99 28 1 Treasury 3s is’-55( . 98 10

In the Cotton Markets

—Aug 4 CHICAGO - High. Lowt. Close ] January 10 70 1 0 62 10 62 “•tfh 10 84 10 75 10 75' Wav ... li 00 10 93 10 93 g£' ob ee 10 40 10 26 10 30 December in 63 10 48 10 5i NEW YORK i* nu *n r ... 10 60 10 55 10 51 1 J** rch 10 75 10 66 10.70 * T ! n 93 10 84 10 88 I JM* li.® Octoer 10 40 10 22 1 0 27 December ... 10 58 10 45 10 49 , NEW ORLEANS January .... w 53 March 10 70 10 66 10 58 May 10 93 10 83 10 84 , . . 10 99 October in 31 1019 10 24 December 10 51 1019 10 45 RAH SIC,\R PRICES - Aug. 4 . High, Low Close January I*o "47 1 48 March 1.55 1 52 1 S3 May I.M 157 158 July 1 162 163 September 1 39 1 38 1 38, December 1 48 1.48 1.44 *

STOCK SHARES EASE DOWN IN LIGHT SESSION Exchange Closes Early as Gas Drives Traders From Floor.

Avarage Stock Prices

„ A Z rr *< t '„ of thirty industrial* Thursday H.h 95 86 leu- S3 21 iat 94 10. off 0 74. a • -rage of t ser.tv rails 4(1 06 46 89 47 23 off 0 41. average of twenty utilities. 32 06 31 03 3! 35 of? 0 43: average of forty bonds 87 97. of? nog average of ten first rail*. 93 55. off 0 10; average of ten second rails 75 60 of? 0 12; average of ten utilities. 94 81 of? 025 average of ten industrials. 87 81 of? 0 06. BY ELMER C. WALZER United Pres* Financial Editor NEW YORK, Aug 5. Trading came to an abrupt halt on the Stock Exchange Friday when brokers were driven off the floor by fumes from tear gas bombs. The Exchange ordered dealings to cease for the day shortly after noon. Up to that time, trading had been the lightest of any session since the resumptions of operations following the bank holiday shutdown. Prices declined after an irregularly lower opening, but around noon had rallied from the lows. Trading continued on the Curb and Chicago Exchanges but they were on a sharply reduced scale for the big board sets the pace for these # markots. Closing Prices Lower Closing prices—last prices of the session—were lower. Steel closed at 51 ! 2, off 1; American Can. 84%, lip 1; American Telephone. 123%, off % • Bethlehem Steel, 38%, of 1; Commercial Solvents. 31 %, off 1%, and Consolidated Gas. 51 %, off 2. Sales to noon totaled only 500.000 shares, or at a rate of 1.250.000 shares for a full session. The lethargy continued after that until the bursting of the ammonia pipe, which sent the brokers scurrying toward exits. A temporary closing was ordered at first, but later, Ashbel Green, seerctaary. issued the following statement which was carried on the tickers: "Notice—The exchange will be closed for the balance of the day.” Bond List Irregular Confusion prevailed in the brokerage offices where staffs were sharply reduced because of the lunch hour A scramble was made to recall the workers to get out the day's statements and stand by for orders from various parts of the country. Newspaper offices also caught with men at lunch recalled their workers to get out the final lists. The bond section of the Exchange closed also since it is directly connected with the stock floor and its traders also were forced to leave. Up to the time of closing the bond market had been irregular and quiet.

Bank Clearings

INDIANAPOLIS STATEMENT —Aug. 4 Clearings $2,197,000.00 Debits 4.309.000.00 TREASURY STATEMENT —Aug. 4 Net balance for Aug 2.. . $Bl2 699.636.36 Int Rev Reels for dav .. 7,452.471 99 Customs rects month to date 1. (45.392.66

Chicago Stocks By Abbott. Hoppin <b Cos.

TOTAL SALES. 26.000 SHARES —Aug. 4 High. Low. Close. Acme Sice! Cos 31% 31 31% Am Pub Serv pfd ... 7 Asbestos Mfg 4% 4 4 Assoc Telephone Util ... .. % Ber.d:x Aviation 15% 15 15 Borg-Warner 15*. 14®* 15 Brach A: Sons . . 8 E L Bruce Cos 20% 20 20% Butler Bros 4.% Bcrghoff 14% 14 14% Cent 111 Securities com ® Cent Ind Powrr pfd 8% Cent Pub Util % Cent A- So West 2’* 2% 2®. Cent ft So West pfd 16 15% 16 Chicago Corp com .... 3% 3% 3% Chicago Flexible Shaft 11% C N Sh A- Mil R R P L ... 1 Chicago Towel pfd 64 60 64 Cutes Serwct - 3% 3'* 3'. Commonwealth Edison.. 65% 64% 64'Cord Corp l®>% 9®* 9®, Crane Cos ufd 46 44% 44% Great Lakes Aircraft ... ... 1% Great Lakes Dredge . 14% 14 14 Libbv-McNeil ... 5 Lvnch Corn 26% Merchants A- Mfrs A . 1% Mickeiberrv s Feoti Prod 4% 3’* 4 Middle West Utilities ... ... % Midland United 1% 1 1 Midland Util 6' P. L 2% Midland Util 7'- P, L 5 Natl Electric Pwr A 14 Pines Winterfront 2% Potter Cos 2®* 2% 2*, Prtma Cos. 29 27% 27% Public Service N P .... ... 35 Seaboard Util shares % Sears Roebuck 36*, 56 36% Swift, ft Cos 18% 18% 13% Sw-tit International ... 24% 74 24 U S Gypsum com 45 Utah Radio ... I®, Utility ft Ind pfd 4® Vortex Cup Cos A 26% Walgreen Cos com 17% Ward Montgomery A ... 74 Wieboldt Stores 91,

Investment Trust Shares

(Bv Abbott. Hoppin ft Cc.t —Aug. 4 - P!d. Ask ! Amr-ican Bank Stocks Corp 120 133 Amer A* General Sec A 6 l>o 7 25 Basic Industry Shares 3 .8 , British Type Inv Tr Sh 80 .95 O.'llateral Trustee Sh A t 75 4 62 Corporate Trust Sh /01d,.. 718 Corporate Trust Sh newt . 232 339 Cumulative Trust Share 4 0c Diversified Trust Sh A c 25 ... Diversified Trust Sh B 787 Diversified Trust Sh C a 15 3 45 Diversified Trust Sh D 5% 562 First Insurance Stock Corp 68 1 84 First Common Stock Corp . 11l 122 Fixed Trust Oil Sh A 8 64 ... Fixed Trust OU Shares B . 740 ... Fundamental Trust Sh A . 425 475 Fundamental Trust Sh B . 4CO . . Low Priced Shares 5.75 . j Mass Inves Trust Shares.. 18 69 20 61 Nation Wide Securities 350 3 60’ North Amer Tr Sh ,1953).. 180 North Amer Tr Sh 55-561.. 245 265 Petroleum Trust Sh Ail 00 14 00 Selected American Shares 263 Selected Cumulative Shares 679 719 Selected Income Shares 3 60 4 13 Std Amer Trust Shares ... 295 335 1 Super Amer Tr Sh A 295 Trust Shares of America .2 87 325 Trustee Std 0:1 A 4 f® Trustee Std Oil B 4 12 1 U S ESec Lt A- Pwr A 15 00 15 50 Universal Trust Shares 2 93 3 0C CHICAGO ERUIT MARKET By United I'rcut CHICAGO Aug 2—Fruit and vegetable quotations Apples Michigan Duchess biufcei. 60c® - S! 15- Transparent, 50cm$1 Cherries Michigan *our *l.lO u 1.40. Biuebernea- Michigan. 32 :2 75 Blackberries —Michigan *2 25 ? 1.75 Currents—Michl-1 gan. $1,5*1 225 Cante’oupes— Indiana 50 *' it*’-' 30-1 40c Illinois fis.t*. 40 5 150 c Michigan. SOc-j $1.25 Carrots Oi:r..®:*il‘jc Lettuce—Westerns $2 75 -3 5€ Srucach - Illinois. s'. 25. Cucumbers— I.lir.'®:* 25 /7V Beans—lllinois and Michigan. 50c® ! 25; Michigan '.trnas. Rsc *; .5c Corn liiinoi® 50sj 75c. Tomatoes - Illinois, 58c $,. Michigan. 75c*j $1.25 Peaches liitnou *: 5? ■ 2 Indiana si 50 <(175 Raspberries—Michigan. $1.50 /175 Fggpiant -Illinois. $1 • 1 25 Pepper*—, r.lmot*. *l. Beets—lli:ne:s. 1%-,rj%c. Radishes Illinois *1 75 • 2 75 Michigan *S 50 Cejer- Michigan. 40cI$i Onion Market —California Yellows. bushel Slol.iS.i whites* hues bushel. $1 804*1 75. lUinois

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following quotation* do not represent <r - iai bid* or offerings, but merely Indicate the approximate market level based on buying and selling inquiries or recent! transactions. —Aug. 4 OTOCKS Bid. Ask. Be;* Ran Ac Stock Yards, com. 26 20 Cent Ind Pr pfd 7% 11 14 Cent Ir.d Par pld 7% 9 12 Citizens Gas com 14 17 Citizens Gas Cos pfd 5", 63 67 H r me TftT Ft Wayne pfd 7 36 40 Ind Ac Mich Elec Cos pfd 7%.. 70 74 Ir.d Gen Service Cos pfd 6%... 65 69 Ind Hydro Elec Cos 27 30 IndpU Ciu Cos com 40 44 Indp.s Pwr A- Lt pfd 6 - 61 65 Indpls Pwr ft Lt pfd 6'it.. 66 70 No Ind Pub Serv Cos pfd St.. 35 39 No Ind Pub Serv Cos pfd 5%", 33 37 No Ind Pub Serv Cos pfd 7 V.. 37 41 Ir.dpls Water Cos pfd 5 - 83 93 Ind Pub Serv Cos 6 - 35% 39% Public Serv Cos of Ir.d pfd 6% 14 17 Public Serv Cos of Ind pfd 36 40 South Ir.d Gay A- El pfd 6”-.. 58 62 Terre Haute Elec pfd fi ■- 32 37 BONDS Beit R R a S'krds 4s 1939.. 88 92 Citizens Gas Cos 5s 1942 84 88 Home TAW 5%s 1355 96 100 Home T ft T W 6s 1343 98 102 Indpls Gas Cos 5s 1952 71 74 Ir.dpls Rvs Inc 5s 1967 29 32 Indpls Water Cos 4%* 1340.. 98% 100% Indpls Water Cos 5s 1960 93 97 Indpls Water Cos 5s 1370 92'. og% IndpLs W.ver Cos 5%.s 1353...100 103 * Indpls Water Cos 5%s 1954 .100 103 Kokomo Wat Workrs 5s 1958 . 73 83 Lafayette Tel Cos 5s 1957 ... 63 87 Munrie Wa*er Worsts 5s J 933 92% 96'• Richmond Water Works. 1957. f;4% 83 Terre Haute Wat WK 5s 1956 . 84% 88 Terre Haute Wat Wk 6s 1949 93'* 97% Traction Terminal Cos 5s 1957 45 49

Daily Price Index

By Vniti and Brrtt YORK. Aug 4 Dun A Bradstreet s daih weighted price index of 30 basic fornmodmei, compiled for the United '1930-1932 Average. 10% TOdav Ift4 41 Thursday !.!! !! *. “ ICS 18 Week Ago in® 94 Month Ago loi 70 1933 High ' juiv 18 1 Hi 50 1933 Low (Jan. 20i 07 m; Copyright. 1933. bv Dun A- Bradstreet. Inc.

Foreign Exchange

(Bv Abbott. Hoppin A COl —Aug. 4 Sterling. England $4 52 Franc. France 535 Lira. Italv 717 Belgas. Belgium jco2 Mark. Germans 3230 Guilder. Holland 5300 Peseta. Spam 745 Krone Norwav . 2255 Krone. Denmark ’ '2BIB

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds over 4%. lbs., 10c: Leghorns, ic. Broilers: Colored .sprtneerr 1% lbs. up. 12c: springers (Leghorn,. 1%. lbs. up 9c. barebackf. 6c; cocks and stags. 6c Leghorn cocks and Leghorn stags. Sc. Ducks, largo white, fuii rearnerea and fat. over 4 lbs 4c: small and roiored. 3c. Geese, full feathesed and fat. 3c. Young guineas. 20c; old guineas. 15c. Eggs—No. 1 iresh country run eggs. lie. Each full egg case must weigh 55 lbs gross: a deduction of 10c per lb for each lb. under 55 lbs gross will be made Butter—No. 1. 25V/26'---i- 0, , 2 ,v "24c Butterfat—lßc. Quoted by the Wadiev Company. RY UNITED PRFS9 L. 5,h ICAGO - Au . 4 Es Market, steadv. prices, unchanged; receipts 9 331 cases; extra firsts. 12%.13%c: firsts. 12 1 ''> 2 current recelp's. 10'./.iii%r dirties. 9%c. Butter Market, weak; unchanged to le lower: rereipts 1,. 40a tubs: specials 21% 22c; extras! -’le: extra firsts, 19%,(20r: first*. 18c-/ 18 ,c: -seconds. l,< 17%c: standards. 19%-c. i Poultry Market, easv. receipts. 31 trurk..; I fowls. 9%'-/ 11c; leghorn broilers. 10%c; .icghoms. 8c; ducks. 74110 c: geese. 7c; i turkeys. lO'ollc: roosters 7c. broilers li 0/ 15c. Cheese—Twins. 13%*tn%c: longhorns. 13®. i 14c. Potatoes—On track 99: arrival*. 40: shipments. 261: market steadv Kansas and Mi'souri sacked cob- : biers. *2 854/2.95: New Jersey sacked cobblers. *3 ,/3.10: Washington sacked cobblers, i 52 95 ', 3 10; Idaho sacked bliss triumphs. Kentucky sacked cobblers. $3 - ,j. CLEVELAND. Aug. 4—Butter—Market ! unsettled; extras. 25c a pound. In tubs: standards. 23%-c a pound, in tubs. Eggs - Market, steady: extras. 16%c a dozen; current receipts. 11 %• a dozen, extra firsts. I 12c a cozen. Poultry Market, steadv I heavy fowl. 12®,/13c: Leghorn fow* 9c: . heavy broilers, 12',/15c: Leghorn broilers. I 10*/11c: ducks. 7',/10c; old roosters. 8c Potatoes—New J-esey and Long Island. U. jS. No 1, Cobblers, $2 90 /3 a 100 pound sack: mostly $3. j CINCINNATI. Aug. 4.—Butter Packing stock No. 2. 16c: No 3.14 c; butterfat delivered. 18c. Eggs—Steadv; (cases included) extra firsts. 14%-c seconds 10c: j nearby ungraded 12%c. Li' -® poultry—j (following quotations represent prices for I poultry in good healths’ condition Thin and coarse stock sells onlv at heavy discount* Fowls—s lbs. and -vcr. 10c; 4 lbs. and over, 9c: 3 lbs. and over. 8c: Legi horns 3 lbs and over. 7c: roosters. 6c: colored broilers. 1 lb. and over 12c 1' . ! lbs- and over. 13c: 2 lbs. and over. 15c; i colored fryers 3 lbs. and over. 17c: Leg- : horn broilers. 1 lb. and over. 12c: 1%. lbs. I and over. 12c: 2 lbs. and over. 12c pnrtIly feathered. 8c; duck*, under 3 lbs sell !at liberal concessions: ducks, white 4 [ lbs. and over. sc: under 4 lbs.. 4c: colored. 4 lbs. and over. 4c: under 41bs . 4c: spring duck:-, white 4 lbs. and over. 6c: under 4 lbs. 5%c; colored. 4 lbs. ani over. 6c under 4 lbs.. 5%c; guineas, old. 5c turkeys. No. 1. young toms, over li lbs.. 10c ! No. 1. old toms, 10c. ! NEW YORK Aug. 4 Potatoes Dull: Long Island, $2 /4 per bbl. New Jersey $3.50 '( 4; Southern, $4.50®/ 550 per bbl | Sweet Totatoe Dull; Southern basket. 75c '•/*2 Flour Quiet: spring patent: s7®/ 725 per sack. Pork- Qtiie' Mess S2O 50 per bbl Lard Easier. Middle West , Spot. $6 30 16.40 per 100 lb. Dressed ! Poultry Qu- - turkevs. 14*i30c; chi®kens 9 ■(2sc; broilers. 14*i 18c: fowls 10 / 16c ducks, ln.rii'-c; l<ong Island ducks. 13c : Live Poultry Steadv: gees f G„p r turkevs ; 10'olSr: roosters, 9c; ducks. 7®-'l3c; braili Prs ,., It)'a 18c Cheese- Steadv: state whole milk fanev to specials. 20®,/21%c Young otnetica 15% ■/ 18%c Buntter Receipts. , 10.380 packages; market weaker creamery. higher than extras. 21 ®, 22' c- extra 92 score. 21 %c firsts. 90 to 9!srore 20’i "2!%c: fitst 88 to 89 score. 20% -20%c: i seconds, 19% /20c. Eggs- Receipt.-., n- - cases; market, easv: special packs. ■ including unusual hennery selections 17 ®/21c: standards. 15®./16%c: firsts 14c seconds. 13-/13%c: mediums. ll%i 12cdirties 11% ,12 checks. 10®/10%c. Other Livestock BY UNITED PRESS ' , n Prrrs J ,URG H .Aug 4 Cattle—Receipts, i steadv Hogs—Receipts. 2 000; 040 300 )h. adV ti-* "I' m' PJ 101 * 1 he® • ics, • 4U-jon los.. $4. $5 n4 50 hfavv mivFH ••>*-. $4.90*i5; mediums. 180-2lo*ihs ' ss</.5 05, heavy Yorker®. $5 /5.05; light Yorkers. *5 15.05: light Yorkers. 120-145 (OS. *3. <s*/ 4: pigs. 90-115 lbs $3.(3 25 roughs. $3 '3.50. Sheen and lambs—Rrcetpts. LSOO. market steadv: lambs, good ‘° ch & c k 90 Ibs - - down. $7 75®, g: med- - 9? lh ® • dow r.. $3 /5; medium, 91 ;b® . ..p 55 aO®;6 50: sheep, wethers prime. $2 50 10 *1 75*i2 25: ewe® medium to choice. S,®i2 Calves—Receipts 100 i market steadv to strong, vealer.®. cct.d ; i** clloirp s ' 50: medium. and th:n ’ s - s " 3 50. 1 CLELELAND. Aug ; Cattle Receipts. •*J* r ** t steady, ail weak: choice. 750I 1.100 lbs. steers, $6 50®, 725 550-900 lbs i steers, grades common to good. S4U 6 25. j heifers. 6s*-_: 000 lbs., common to good i grades. $3.i3*i6.25; cows and bulls, un- ! changed Calves—Receipts. 400 good acute trading, market unchanged; for wee’:, i prices steady Sheep Receipts 500 active and steadv: choice wethers. $7/77.50 | choice spring iambs. $7 8. common and ; cuj! ; S3'as: prices unchanged for the wees. Hogs Receipts. 900; market steadv. with receipts itgh": price* about 10 cents beiow ,ast Monday's range choice. 230--oO tbs., butcher®. $4 JO; light. ’.30-250 ibs. butchers. $* 90: thin and common hogs. 100 lbs . up S4 65 "/.THE. Auc 4.—Hog*—Steadv: •00-200 lbs $4.60: 250-300 lbs . 170-200 •os $4 50: 300-350 lbs. $4 35 160-170 lbs. $4 35 150-160 Ibs.. 64. 140-150 ibs.. $3 75. 130-140 lbs S3 55. 100-130 lbs.. S3 10: roughs. $3 50. stags. $2 Caives—s6. Lambs—*7 50 Cattl<—-Steadv. unchanged. KANSAS CITY. Aug. 4 Hog*— Reccip's 3.300. including 200 directs, verv stow steadv to 10c lower than Thursday's aver- , age: practical too $4 2? light ’.tghts 140-1 160 lbs. S3 10 . 4 10; light wre:gh. 160-200 lbs.. *3.704.25: medium weights. 200-250. lbs. $4 ID®, 4 25: heavy weights. 250-350 lbs. *4 05 -4 25 packing sows $3 .3 55: feeder end Stocker pigs *2 7® .-3 30 Cattle—Receipts. 700 caives. 250; market, slow, steadv to weak: most! - a clean-up trade: a load of wel'.-flr-ished yearling heifers *5 40: steers good ar.d choice. 550-1.500 lbs. $5 50 .-6 75: s:e-rs. com-' mon and medium. $2 50 ® 4 75: heifers, good and choice. 550-900 lbs. *4.75®:6.15: cows. $3 /3 75; vealers. S3 •5 5® Stockers and feeders. s4®/5.65- Sheep—Receipts. 3 501 including 2 200 direct ard through: kiiiing classes generally steady a fe-- na'.ve iambs up to *7 40. most sales from. $7 , 25 TOLEDO. Auc 4 Hogs- Receipts 250. market 5c to !0c higher heavy vorkerv $4 60 65: mixed and bulk of sales $4 65 4 70, pigs and lights $3 , 4 25; medium and heavies s4® - 4 60: roughs. *3S 15. Cattle—Receipts, light; market, s'eadv. Calves—Receipts, light, market steadv Sheep and Lambs—Receipts, light; market. steadv NEW YORK COFFEE RANGE —Aug. 4 RIO High. Low Close March 6 14 C 12 6 12 May ... 625 614 817 July 6 25 6 1,1 6 22 September 5 90 f.7S 5 82 December 610 S 00 6 03 SANTOS March S 32 8 20 $ 23 May 82$ 8 25 8 28 Juiy 8 50 8.25 8 33 1 September 800 , 795 798 December 8.3$ r 811 t.U

PORKERS STAGE 10 TO 50-GENT GAINAT YARDS Cattle Steady in Usual Cleanup Trade; Sheep Lower. Losses of the previous session were recovered Friday morning in hogs at the city yards, prices Tdvancing 10 to 15 cents on weights of 160 pounds up with underweights moving 20 to 50 cents higher. For 160 to 250 pounds the price ranged from $4.60 to $4.65. a few quoted as high as $4.70. Weights of 25?: to 300 pounds brought $4 45 to $4.55; 300 pounds up. $4.10 >4.30; 140 to 160 pounds, $3.85 to $4.10; 100 to 140 pounds. $2.75 to $3 60. Receipts were estimated at 5.000. Holdovers were 2 183 Cattle trade ruled stedy with the usual Friday cleanup in progress. Quality of offerings was plain. Most heifers sold under $5. cows $2.75 to $3.00. Receipts were 300. Vealers stpady at $6 down. Calf receipts were 500. Sheep were 25 to 50 cents lower. Ewe and wether lambs sold for $7 to 57.50. bucks. $6 to $6.50. Throwouts were down to $3. Receipts were 1,400. Hogs were moderately active with a few early bids and sales steady to 5 cents higher at Chicago. Good to choice 200 to 240-pound weights brought $4.65 to $4.70; early top holding at $4.70. Receipts were estimated at 20.000, including 6.000 direct. Holdovers were 2.000. Cattle receipts were 1.000; calves 600: market steady in both instances. Sheep were 15 cents higher with receipts of 6.000. HOGS July Bulk. Top. Receipts. 28. $4 53% 4 7(, $4.70 8.000 4.60.1 4 70 4 70 2.000 31. 4.65% 4.75 4.75 6 500 AUg. I- 4 55'?? 4 65 4,70 7 000 2 4 55% 4.65 4 65 5.500 3. 4 45'.? 4.55 4 60 7.00 C 4. 4.45% 4.55 4 60 7.000 Market. higher. (140-160* Good and choice...s 3.Bs'ii 410 —Light Weights—-(l6o-180i Good and choice . 490 1180-200i Good and choice 4 60 —Medium Weights—-'2oo-2201 Good ar.d choice. .. 465 (200-2501 Good and choice . 4 601? 4.70 —Heavy Weights—-(2so-290( Good and choice .. 4 45'1l 460 (290-350( Good and choice. .. 4 20% 445 —Packing Sows—(3so down* Good 3 50*? 3 85 (350 iid* Good 3.254? 3.75 iloo-30i Good and choice . 3.00 3.50 —Slaughter Pigs—-(loo-1301 Good and choice.... 2.75®i, 325 CATTLE Receipt*. 300; market, steadr. (1 050-I,loo* Good and choice $ 6.00®? 7.50 Common and medium 4.250 t 6,00 (1 100-1.5001-Good and choice 6 00%> 7 50 Common and medium 4.50® 6.00 —Heifers—-(sso-750) Good and choice 5.00®? 6 25 Common and medium 3.25 :i 5.00 (750-900* Good and choice 4 50% 6.00 ’ Common and medium 3.25 ft 4-50 j —Cows— Good 3 25® 4 00 i Common and medium 2.50®? 3.25 I Low cutter and medium 1.50*6 2.50 —Bulls (yearlings excluded) Good (beef) 3 00f? 3.50 Cutter, common and medium.. 2.00 it 3.00 VEALERS Receipt*. .300: market, steadr. Good and choice $ 5.50®? 600 Medium 4 00®? 5.50 Cull and common 3.50® 4.00 —Calves—-<2so-500* Good and choice 4.00®? 5 00 1 Common and medium 2 00<Jf 4.00 —Feeder and Stocker Cattle—-(soo-800. Good and choice 4 50®? 5.75 Common and medium 300 ® 4.50 (800-1.500* Good and choice 4 50® 5.75 Common and medium 3.00®® 4.50 SHEEP AND LAMBS Receipt*. 1.100: market, lower. —Lambs. Shorn Basis—(9o lbs down* Good and choice $6.00®/? 7.50 (90 lbs. down* Com. and mod. 3.00% 6.00 —Ewes— Good and choice 2 00®? 300 Common and medium I.oo®® 2.00 Other Livestock BY UNITED PRESS CHICAGO. Aug. 4. Hogs- 20,000 including 8.000 direct; mostly stendv with Thursday's average 200-270 lbs , si 604/ 4 70; top, $4.70; 280-350 lb. $4.30®. 4.60. 110-190 lbs.. s4®. 4 70; pigs. $3 downward; packing sows. $3.50(14; light lights. 140-190 lbs, good and choice. $3.75* 4.50: light weight. 160-200 lbs., good and choice. Si 25 ■••4.70; medium weights. 200-250 lbs . good and choice, $4 60% 4 70; heavy weight®. 250-350 lbs., good and choice, $4 40% I 65 packing sows. 275-550 lbs., good and choice $3.3575 4.10; slaughter pigs, 100-180 lbs good ana choice. 53®u3.75 Cattle—Receipts. 1.0 0. calves. 600; all steers and yearlings fully steady; rather active in light cleanup market; bulk ss®/6: good to choice kinds absent, best $6 85. light heifer and mixed yearling*, steady, fairlv good action at $5®(5.85. slow- but generally steady on all cows; most fat grass cows 53#x3.50; cutters. *1.50 .2; bulls and vealers scarce and steady; slaughter ca'tle and vealers: steers. 550-900 lbs., good and choice. $5 50 I 7 25; 900-1 100 ibs.. good and choice. 55.50% 7 40; 1.100-1 300 lbs. good and choice. $5.50% 7.40: 1 300-1 500 'bs 1 good and choice. $5 75% 7.40 550-1 300 lbs ' I £S’PSK n „. aad medium. $3% 5 50. heif-rs!! 550- ,50 lbs., good and choice, $4 75% 6.25. medium. $3 73% 5; cows, good j $3.50'! 4 .5; nmmon and medium $2.65% i 3.5; low cutter and cutter $l5O/ 265 bulls yearlings excluded good beef, S3 75 % 4_: cutter common and medium $2 50®< 3 ,a: vealers. good and choice, 56?7; medium. ss®i6; cull and common $3 50®. 5 Stocker and feeder cattle: steers 500-1 050' lbs good and choice s4.so®* 5.75; common a *nnn n r? lU , n • * 3 " 4 50 i®heep Receipts 6,000. fat iambs unevenly strong to 25c Jhrowouts 50c up; lightly sorted ‘ s:^ chotce rail * Fr * held above. SB. slaughter sheep and lambs: Lambs no lbs down good and choice $6 50 ,8 common 5 ? e 2 ,,, F" *7 ”5®..’ 6 75: ewes 90-150 lbs En S cht dce. tl.2s*i 3; all weights common ar.d medium. Sly 2. * EAST BUFFALO Aug 4—Hoe*- On 2 e ‘lbs 600 *i?? r ii? c t 0 ISc io '* pr bulk IMover ano * s i o: <‘ x! o , o’,r>v heavy kind b ■ 2 01 * n ,0 , 54 75 ® r - d belOW; Iff nntl DIBS sl °* under 160 ;bs vifiO down; Backing sows. $3 25 /4 Ca f tlp r* €Cel ?' s 2<W: lrad <* slow drawn- verv ,ew sal.s repor’ed; cows, steady S3 50®/ 4 - ..Calves— Receipts. 250 active grnss 500 8 te ?Ul ; . bulk f ho i Cf - sfi 6n: medium. IwiiL 6 i, co *■ mostlv downward from $5 ?f h ron^T R t < '*‘. iDts - 900: ftr ' :vp steadv to strong, choice ewes and wether* scarce i at * H: . medium. $7 2.8®, 7 50; llehl mostly $5 down;; good to choice ewes. S! 50 0 2 50. i EAST ST LOUIS. II!.. Aug. 4 —Hogs—n.tf e: *i s kn 9 mar * r! - mostly steads top. $4 60. bulk 1,0-280 lbs $4 45;4 sf) UO-H0 lbs.. $3 65 ,4 35: 100-130 lbs $2 50 ■/3.50. sows $3 30*/3 60 or mostlv S3 2® •: 3aO Catue—Receipts. 1.000: calves. 800 market, vealers 25c higher; other classes steadv in clean-up trade: small lots of toward to $6 50: heiffers SSO 5: small lot mixed yearlings $8 25; bee® cows $2 SO®/3.35: low cutters. $1 50 ,/ 1 85: top sausage buds $2 75: good and choice vealers. SS. slaugitter steers. 550-1.100 lbs good and choice $5.50 ;7: common ar.d medium. $3.25 ; 5 50: 1 100-1.500 lbs., choice, j t6_so®®,. good. $5 75 *6 50. medium. $4 50 •'i 5.75. Sheep—RecelDts. 2 00(1: market | opened steadv: others he’d higher; bulk ambs to packers 7%7 25: earlv; buck* lambs $1 less common -hrowouts *3 50 1 fat ewes slso®* 2 50. lambs 90 lbs. down' I good and choir*. $6.50 ' 75: common and ! medium. $3 50‘>6*0: yearling wethers 90110 lbs good and choice 4 %3- ewes. 90159 ib . good and choice. II 50% 2 75- ail: weights, common and medium. SIS - . LAFAYETTE. Aug 4 —He? market 10c 20r higher: 200-250 lbs $4 50/4 55 250-300 lbs S4 30,(4 40 300-325 lbs $415 1.0-200 lbs $4 45 140-170 lbs. $3 60®; 3 85: 100-140 lbs. $2 50-3 25. roughs. S3 25 down: too calves *5. too lambs. SS 40. Bit Time* Sixeiai LOUISVILLE Aug 4—Cattle—Receipts -2a: draggv cleanup trade or. all grass steers and heifers bulk pialr. kinds sala-' b-e. $3 -4; finished drvfeds. eligible around 7S: bulk beef cows and bulls. $2 75 \ down: low cutters ar.d cutters. *125% 2 most native Stockers salable $4 down - I desirable western stock calves, eligible! around $5. Calves—Receipts. 300 fullv I steadv to strong or. better grade*, bulk i sa.abl* $4 % 4 50. strictly choice eligible $5 heavy grass calves discounted medium. and lew grad* vealers *3 50 down Hogs Receipts 900 steadv finished 185275 lbs $4 60 ~assr unfinished kinds dtsceunted best 275 lbs up <4 10: 140'65 lbs $’ 60 140 lbs down $: 90: sows 12 85. stags. SIBO Sheep—Receipts, l-l SOO aii classes steadv bulk better true* iamb* $7 to mostlv $7 25. choice eligible to $7 50 or betfr: bucks. *6 650 im- i mature light lambs *3®, 4 fat ewes *l* 2 stock ewes, mostlv s6® 7.50 per head Receipts. Thursday—Cattle 91 calves. 385: hogs. 691: sheep. I 718. Shipments. TTtursdav —Cattle. 85. calves. 203: hoes. 434; sheep. 1.313. ,

Radio Dial Twisters

—5:15 P. M.- , NBC - Fred Hufsrr.lth. tenor to WE/-.F WTMJ *2Ol-Soloist. —6 P. M 7RCT 1840 —Denny's orchestra KY'.V (1020 Three strings: F:*hr s orchestra. CBS -Evan Evans baritone 55’ENR 870 - Buddy Regers' orchestra. WON ,720,—Kemp's orchestra. WHAM GISO —old timers SBC-- Der.nv * orchestra to tv.;z WLS (870 —Roger's orchestra WTMJ 16201—Radio column —6 15 P. M,— CBS Koshet2 Ukrar.ian choir. WBBM * 770) Harop's orchestra WON 720'—Old favorites WJR 750*—Inauinng reporters —6:30 P. M KM OX (1090*—Civic hand. CBS Philadelphia orchestra concert NBC Antobals Cubans to WEAF. NBC Philharmonic svmohonv to W.JZ WLS 870,- Barn dance. WSM (650, Sunday school —6; 1,5 P. M WBBM (770*—Ted Lewi* orchestra. WRVA iliOi—Tarran. —7 P M CRCT (840*—Canadian singers. WBBM *77ol—Phil Harris revue. NBC Songs to WEAF WOW 5901 —Paxton orchestra. —7:13 P. M CBS - Ann Leaf and Charles Carliie WBBM (770*—Arnhelm's orchestra NBC Feature to WEAF WMAQ (670)—Weems orchestra. —7 30 p. M WBBM <77o'—Grier* orchestra NBC K-7 Bpv Store to WEAF WON (720*—Wayne King's orchestra. WOR (550'—Organist. —7:4.3 P. M.— CBS—Berren's Saturday re-' vue.

WFBM (1230) Indianapolis (Indianasolis Power and Light ConnaaTl SATURDAY P M 5:30 —Elder Michaux and congregation (CBS). 6:00 Evan Evans ,CBS<. 6 15—Rhtthrn rascais. 6 30 Philadelphia summer concert (CBS'. 7:15 Ann Leaf 'CBS'. 7:45 -Saturday revue 'CBS'. B:ls—lsham Jones orchestra 'CBS' 8 45—Gertrude Niesen (CBS'. 9 (*o Jerrv Freeman orchestra 'CBSi, 9 30—Charlie Davis orchestra (CBS 1 . 10:00—Barnev Rapp orchestra (CBS . 10 30— Gus Arnheim orchestra (CBS'. 11:00—Sign off. SUNDAY A M. 8 00—Melody Parade 'CBS*. B:4B—Marion Cariey (CBS'. 9 00 Entertainers. 9 30—Christian Men Builders. 10 30—to noon, silent. 12 00—Did YoYu Know? P M. 12 I.V Plavbovs 'CBSi. 12 30 Records. 1 30—Symphonic hour <CBS*. 2 00 Cathedra! hour 'CBS' 3 00—Willard Robison 'CBSi. 3 15—Vera Van CBS . 3 30- Bakers (CBS*. 4 00 - Wheeler Mission program. 4 30—Chicago Knights (CBS 500 Choosing Your College. 5:15 Gauchos iCBS* B:3o—John Henrv (CBS*. s:4s—Chicago Varieties (CBS*. 6 15—John Henry iCB3> 630 Philadelphia Svmphonv summer concert <CBSi. 8 30 Rhythm Rhapsody 'CBS'. 9 00—Guv Lombardo and Royal Canadians i CBSi. 9-30 - Bohemians. 10:00—Isham Jones orchestra 'CBS*. 10 30—Ted Lewis orchestra 'CBS'. 11:00—Around the Town from Chicago (CBS' 12.00—Sign off. WKBF (1400) Indianapolis (lodianaDolis Broadcasting. Inc.) P M SATURDAY 5:00- Tea Time Tunes 4 45—To be announced. 5 OO—Dinner Melodies. 5 15—Ethel Dunn. 5 30—Ambassadore. s:3o—Radio Reporter. 6 00—Knothole Gang. 6:ls—Dinner dance 6:30 -Cecil and Sallv. 6:4s—Tile Sportslight. 7:00- Devore Sisters. 7:15 Mirth Parade 7:3o—Evening Moods. 8 00—Leather Storking Tiles. B:ls—Masters Music Room. B:3o—Trio. ? ts~? harles Frederics Llndslev. 9 00—Marvel Myers. 9 15—Orchestra. 9:3o—Connie's orchestra. 10:00-—Gordon Carper's orchestra 10 30—WKBF Barn danev. 11.30—Sign off. A. M. SrNDA * 9 30-Ambassadors. in M a#l * r Music Room. !2 ?? Watchtower program. 10 15—Classified Clems 10:30—Crystal Melodics. 11:30—Harry Bason 12 noon—Dessa Bvrd's organ recital. 12 30—American Melodies. 1 (XL—Strange Adventures. 1 15- Musical Comedv Gems. 1:30- Popular Melodies. 2:00 Conte Ensemble. 245 Masters Music Room. 3 00—Matinee Musicsle. * 3 30—Cadle Tabernacle 4 45 -Nazarine male quartet. s:oo—Starost Sisters s:ls—Short. Short Stories. s:3o—Dinner Melodies. 5 45 Marshall Flavors. 6 00—Concert hour. 7:00 Mirth Parade. 7; 15 Masters Music Room 7 30 Moods of the Moment. 7 45—Ambassadors 800 Cadle Tabernacle. 93n Connie's orchestra. 10 oo Gordon Carper s orchestra. 10:30—Sign eff

HORIZONTAL Answrr to Proviona Pti/zlo fnln. 1 South Carolina. JG E.O.P.G ElfACy. . %e! 1s Hofore lipht. S Man in the UEWM QIfCjHQA T AhG Tlio pictured rirture is Van NO P I AtfO TE P man lived m Rijn ? GQ'l TMUl'c"! TMmfDF *he th II Like, L E LMA UTH OR sllDi I E ronfury? 13 Consfellaf ion. i G'GBLE/N A ' < 115 Fresh-water SmAG Q|llQ|fgvM' £ L tl||G - 4 ° rr ' H! of mussels. H[A L!QG E NSISTIP f n 16Wine vessel. AR - C ABSCOLD hiid s napk!.| ~ co George vtltcld ,;T, T r *l9 Typo of larva. Til A r q rTta|nAr * ot 20 Bed lath. (5S APLISS nationality. 21 The man fn g'r ° Pg-J M On,no animal picture was a L “ iJ O.S -3, \ "nomous bv pro . 42 Southeast. VKRTICAI* snake feeelon’ 4.3 Third note. 1 Undermined. 3S Broader 27 Xuintir hied < t* 2 Rich milk. 40 Harem. allied to the wa * onß 4 Half an em. 43 Iron. B *. 0 n ' among the 5 Horse. 4o Plot of grass. 4 Russians. 0 Handharrow Acidity as of 25 Type measure. 4SGrew gradual- for cofTins. the stomach. 26 Toward. ly less. 7 Quirk. 4" Front part of 2. Average. 51 To stuff. 5 Entrance. the leg. 2S Northeast. 52 Odd job. 9 Close. 4S Allowance for 29'Wager. 54 Short let’er. 10 Doctor of waste of four 30 Scarlet. 55 Hedge. science (abbr.) pounds. 32 To be ilk 56 Hot water 11 With might. 49 Pertaining to 33 At the present reservoirs. 12 Glossy cotton air. ,lme ' 5S Sailor. fabric. 50 Type of lyre. 35 Embryo flower. 59 The man in 14 Blackbird of 53 Palm leaf 37 Dined. the picture's the cuckoo (variant). 39 You and me. fame is still family. 56 To exist. 41 Company. ? 15 High moun- 57 Therefore. ■'% |_Jo |- |= j* |7 e|, o | pp-| 3 i—- * c; - L.._ r%S--Xr-Heijl IHI _nr

SATtRDAY , —7 4.5 P. M WBBM (770 (—Harris' orchestra WON 720*—Jar. Garber's , orchestra —* P. M CFCA *ll2O -Radio Commission. NBC Roife's Saturday r.ieht dancing parts to WEAF WBBM >77s)—Ruiaells orchestra WON 720- Lewis White ar.d orchestra WGR 550)—Glen Park orchestra WSM 650' —Barn dance. —a 1.5 P M KYSV 1120 • —Globe Trotter CBS—lsham Jones' orchestra '.VBBM 1770* —Gerun'* or- , chrstra WON 220'—Coles' orchestra NBC—Sixteen singers to 55'JZ —8.30 P M KS"V ' 1020(—Manhattan or--1 ehestra WBBM '77o'—Jones' orchestra WON ' 720 Headlines NBC -Cuckoos to 55’JZ. —K: 4.5 P M (CBS—Gertrude Niesen '.VBBM 770 —Ted Lewis a:-®! orchestra WON ,720* Concert orchestra WHAM Glso* Smiths Cavaliers —0:00 p 51. CRCT <B4o*—Dornberger's orchestra KYW * M2i*--Jerrr Freemans orchestra. NBC Musical Feature to WEAF j WON (720* Aqr.ew s orI chestr* Dream Ship (WJR (7501 Veuutrs orchestra. NBC Male Trio to WJ7, WOR i7lo—Trim's oichestra WRVA (llini—Fiddlers. WTMJ )620)--D.ince orchestra. —9:15 P. M EDKA '9Bol—Far North Messages NBC- Mi Hood Legion program to WEAF NBC—Joh Fogartv. tenor, to j WJZ —9:30 P. M--CRCT 1 840*—Romanelli's 1 orchertra.

WLW (700) Cincinnati SATURDAY P M 4 00 Viennese Ensemble 'NBCi. 4 30 Joe Emerson, harilone 4 45 - Walkathon orchestra s.oo—St. Regis hotel orchestra (NBC*. 530 Bob Newhall s:4s—Gene Burchell's dance orchestra (NBC*. 6 15 Tony Cabooch 6 30—Castle Farm orchestra. 6:4s—Dr J. Ho!b n rt Bvram and Llovd Shaffer dance orchestra. 7 00- R. F D hour. 7:3o—Croslev Follies. B:oo—Saturday Night dancing party (NBCv 9 30- Over the Rhine German band 9:ls—Around a Campfire On Ml. Hood , NBC *. 9 30 Hotel Blllmore orchestra (NBC*, in 00 Rhythm Club 10 30 Gordon Kibler's dance errhestra 11 00--Golden Pheasant orchestra 'NBC. 11:30 Lotus Gardens orchestra 'NBC'. 12 mid —Castle Farm orchestra. A, 51 12 30- Walathon orchestra. 1 00—Club Crcsley. 2.oo—Sign off. SUNDAY A. M. 7 00—Children's hour iNBC% 8 00— Church Forum 8 30- -Aifredos Blue & White marimba band 'NBC. 9.00-Morning Musk-ale (NBC . 10 OO- Organ. Arthur Chandler Jr. 10 15- Radio Citv concert (NBC. 11.15 Threesome 'Harmony 11:30—Folks from Dixie NUC. 12 noon—Summer Idvll (NBC. P M 12:15 inti Radio Forum (NBC. 12 30 Dramatization 1 00 Wavne King orchestra 'NBC'. ! 30 Theater of the Air 2 00 College of Music Recital 2 li- Svmphonette 'NBC' 2:3o—Temple of Song >NBC. 3 00 J. Alfred Schehl. organist. 3:30 —Clvde Doerr's saxophone octet (NBC* 3 45—Trio Romantiaue (NBC'. 4 oo—Hvmn Sing. 4 30—L'Heure Exoulse 'NBC'. 4 45- Baseball scores. 4:so—Charioteer*. 5.00 Borrah Minnevltrh and his Harmonica Rascals 'NBC' 5 15 G-ne Burchell's dance orchestra 5 30— Russian Svmnhonlc Choir * NBC •. 6 OO—Bert Lahr Ac Rubinoff's orchestra (NBC i. 7:00-Revellers Quartet and A1 Goodman’s orchestra (NBC. 7 OO Symphonic Jazz orchestra. 800 Gene Burchell's oance orchestra 8 15—Vincent Lopez, and his orchestra (NBCi. 8 45—Castle Farm dance orchestra. 9 15—Flovd Gibbons 'NBCi 9 30—<7or.ev Island dance orchestra. 10:00- Dance Nocturne orchestra 10 30—Charlie Kerr's orchestra 'NBCv 11 00-Lotus Gardens orchestra 'NBC 11:30 Rainbow Gardens orchestra <NBCI. 12 mid - Castle Farm orchestra. A M 12 00-Sign off

HIGH SPOTS OF SATURDAY NIGHT'S PROGRAM 5 15—Columbia Mildred Pailev. 5:30 NBC < WJZ'—Kaltenmever's Kindergarten. 6 15—Columbia—Ukrainian choir. 6.30—N8C ' WJZ* Philharmonic Stadium concert. Columbia Philadelphia orchestra. NBC 'WEAF' Antobals Cubans. 7 80 NBC 'WEAF*—Secret Service Spy Storv 8 00-NBC 'WEAF'—B A. Rolfe ' orchestra. 8 15—Columbia- Isham Jones’ orchestra. 9 15- NBC 'WEAF' Around a Campfire on M: Hood. 10:15—NBC (WEAF I— Hollywood Bowl concert.

| —9.30 P M • KYSV (1020) SUln'a orchestra • CBS—Cha*. Da; ' orchestra. WON 7?0( —Wayne K.r.gs ! orchestra NBC S’ern's orrhe*tra to WEAF • *SIS >B7O Barn Dar.ce WTMJ (620- Gtrman band _9 :k) r m WON (720*—Garber* • orchestra. —lO OO P M-"BS-Rapps orTiCst-a NBC s'essner's oschestra to WEAF NBC Henrv King s orchestra to WJ? WOR 710*—Dance orche*tra ■WTMJ 62(M—Danca orchestras —lt* 10 P. M A'GN '72o* Agnews or- .' (fhes'ra i is r m NBC Hollvwood Bowl con- | certs to WEAF —10:30 P M (lUOX ,1090-275 St IxiUl*— ( dance music ; TBS—Gus Arnheim s orchestra VGN ,720 Kemp's orchestra. Agnew s orchestra : NBC Child s orchestra to , SVJZ —10:4.5 P M KYW 'lo2oi MerefTs or- ' ehestra —ll P M KYW (1020* Canton orchestra WBBM 7701 Around the ! Town WEN'R ,87n. Barn dance WON 720 Dance pr gram. WHAM ,1150* Murray Goodmans orchestra. WJR 750, —Orchestra. KYW (1020,—Lopez orchestra —11:1.5 P M <YW 1020• —Stein'* orchestra. —l2 Midnight— WENR (870) Bernie's or- , ehestra. WENR iß7oi Weem’s ori ehestra.

PAGE 9

STEADY SALES FORCE WHEAT PRICES LOWER All Futures Close at Lows of Day: Trade Is Dull. BY H\ROl D E. It UNVII.I.E I nitrd rrm Sla(T ( rrfprndenl CHICAGO. Aug. s—Trading was dull on the Board of Trade Friday after wheat suffered a sharp morning set bark Weakness In northwestern markets and in stocks was a factor The decline was resumed at the close Weakness in wheat dominated the other p.ts and all Krais is last ground l in slow trading. Reports that inflation plans were bring delayed chilled bullish enthusiasm At the close wheat was 3% to 3 4 cents lower, corn 2% to .2 v rents lower, aits 1% to 2% rents lower, rye 3\ to 4% cents lower and barley \ to l's cents lower Provisions also were weak A sharp decline of around 2 cents at Winnipeg was a factor in the early easiness. The Canadian market was disappointed by the action at Liverpool, the lattir closing 1% jto 1 % cent lower. Cash prices were 1 to 2 cents lower. Receipts were 76 cars Corn sold off 1% to 1 \ rents early and showed little rallying power. Cash circles were inactive, only 4,000 bushels were booked and 3.000 bushels sold. The weather was favorable. Cash prices were unchanged to %. cent lower. Receipts were 38 cars Oats declined \ to \ cent early with the other grains but trading was extremely dull. Rye was 2% to 1 2 % cents lower at mid-morning. Cash sales of oats were ti.ooo bushels with prices unchanged and 85 cars received. Chicago Primary Receipts —Aug. 4 .... . Today Last Wk. "hoot 748,(100 54 2 000 Corn . 348 O(V> 288 000 Oat* 752 000 322 COO Chicago Futures Range 55-HEAT - ~~ AU * 4 ' PrfT „ Open, High. Low CloM l rlnv*‘ Sept . 98'.. 99% 97% 97% 1 nir-. I>6( 1 02% 103'. 100% 100% 1041. **COHN 1 °* l * 1 -05 105 1 08*4 Sop' .54% 55% ,54 54 56'. 5?, 58% ,8% 60% OATS 1 ’ M ’* Srpt . 40'. 41*. jo®, s9*. ... I Dvr 43% 43% 12 (, ..,% 44 ,‘ M rvft 4 ‘ 471 * 45 ’" 4l ’" 48 Sept . .73% 7.1% 72 72 75% Der . 79 .7#'.. 77 77 all" May 84% .84'; 82'. BJ% 86't CARBLEY— 1 * Srpt-. 54 54% .sr, .59*4 54'. >^ r *9 .59 .58% ,8% 59'; “UARD 93 ’" 64 '* Sept. 6.25 637 620 620 650 Or* .. 640 6 .50 640 fill 662 J* ov • • ■. 636 675 Dec . 6,0 f .71 665 It 65 685 J# BELLn- fi9s 690 n 7,7 Sept 675 675 650 600 690 Oct.. 712 712 677 680 712 TOLEDO CASH GRAIN /((/ Timru Special TOLEDO Aug 4 Cash grain close: Grains in elevators, transit billing Wheat - No 1 red. 96®/97r: No ! red I’ , r premium. Corn No 3 yellow. 57%%58%c OAt* ■ N 2 white 42%*, 43%c Rve No. I r... -" 78 %e Track prices. 28', r rateI 55heat No 1 red. !in®,99i%r: flo 2 red ,89®/ 90c Corn No. 2 yellow 53'/54c No* •yen®* 52*i 53c. Oats No 2 white! i3Bz "41 %e: No 2 white. :f. %® 40' ,c. Cl ™% C B.'h $8 50, Oc' . $8 758 Alllk* Ca<ti <s. Auir . S9B Toledo produce close Blitter Fancy creamery. 25c Eggs. -Extras. 14*;14%c. Hay—Timothy per cwt , 70c. CHICAGO CASH GRAIN /?(( 7 im, n spi rial pHICAGO. Aug 4—Cash grain close: o 4i 2 9 %%97' No 7 hard. 96 ./9,c; No 2 Hard. 96®r97c No 2 yrl.ow hard. 95%r: sample hard. 93r No t mixed. 96c; No 2 mixed. D6c No 3'mixed 94%®, 95c Corn No 2 mixed. 52®/53t: No 2 yellow. 53®./53%c; No 3 yellow 52®< 52 %c No 5 yellow 50< No. 6 vehowr 4, ,/48c No 2 white. 56, No 3 white' 53c; 'ample grade. 40®/42c Oats No 2 \sh.te, 39*i 40c. No white. 37 l <*r3B‘ac No. 4 * .'.?** 36®/ 37%r Rve No sales] Barley 45®/65c Timothy *4 25*/ 4.50 Clover- *9®// 12 50,

Indianapolis Cash Grain

Aug. 4 - ~£ h< \ b i£* f , or J . r:ir ! ? <s of Br <n '■ tha call of the Indianapolis Board of Trade J, o b shipping point, basis 41% New York rate, were: Wheat Weak: No 1 red. 84®,i86e; No. 2 refi 83',/85c, No. 2 hard 84®,86c ' Corn Weak No 7 white 4,,50c; No. 3 white. 48 • 41c No 2 vellow 47 b 48c: 3 vci i°* 46 <i 47r: No. 2 mixed. ®6e No. 3 mixed 44% 45c Oa’ s Weak. No. 2 white. 33®?34c: No. 3 white. 32'0 33c. . ? 4av 't ° b. country point* taKing 23 jc or le/s rates to Cincinnati or I.otiist .lie• No 1 timothy. *6%6 50. No 2 timothv. $5 50% 6, —lnspections Wheat— No 2 red 3 cars: No 3 red 1 car. No. I hard. 1 car. No. 2 hard { 1 car. Total. fS car* Corn No 2 wh.tc I car: No 3 vellow. 12 ears; No 3 ■ etjow 3 cars No. 4 vel■ow. 2 car*. Total. 18 cars. Oats- No. 2 white 4 cars No 3 white, :8 car* No 4 white 4 cars sample white, 1 car. Total. 47 ears INDIANAPOLIS WAGON ’VHEAT Gitv grain elevator* are pa.,ng 83 cent* for No 2 soft red wheat. Otner grade* oa their merits. Births Elmer and Bertha Co!m*n. 1!56 Eugene. Clarence and Florence Your.g 43', Aboott John and Lena Anderson. 1410 North Brooker w.lb’ir and Marie T*lev, 467 South Pme Michael and Ehzaoeth Oa-or.er 4413 Ba.timore Hesco and Marv Birch. *0 Roacn Robert and Idarion Trueblcod 1157 South Ewing Abraham and Erher Rayfcrfi ij Maxwell. Bftfi Wallace and Alme’a Collins, 390S Columbia Gr-.-er and Erma Robert*. 1442 West Market P.iymond and Marjorie Bovl.,ette 1100 North Alton Chcr'er and Rosa Pie-son. 4f6 M nerva. Forest and Ed:th Hadley. 137! South Bri*ul p id. 4-i'rroan and Effie Whfe ijjj East D' loss Herjche! and Rebecca Carpenter 927 Edgemont W !l;am and Lillian Schmidt, 439 North Warman. t Jame, ar.d Mary Kesler. 554 Bouth Warman fi<l Klhvt Side*. 821 North John and Cor* Miller. 819 South Eait L®,r.nie and Lotta Collin*. 1347 South Snenleld. Deaths Jit™*- 33 3411 Walter Barthloiomew 58. city ho*pia! oerttonttia. ' Marine L Oreshan, 48 Chrutian ho*Bi’a! cerebral hemorrhage Sadie Rawing 61. Methodist hocpltaL coronary thrombosis. Clarence Hollingiwrrth. 63. Belmor.t and Morris fractured k Frd:nar.d Vi.Phalar,ger. 65 cltv hop.’a, cerebral hemorrhage e Hawk ini. 3. 2019 Cornell, cerebra. hemorrhage Flora Manning. 45 city hospital, poeumor,. Ra.oh C Bvfteid 57. 2443 North Ne Jersey, acute gastrin* Ella Gallagher. 71. 347 South S'ate. cerebral apoplexy Harrr McOtßty. 79. 530 East Vermont. arter:o*c!ro*t*. Henn King. 83 Ohio ar.d Senate, lobar pi e- men'*

Orders Executed At th Market Allied Brewing and Distilling Cos., Inc. Wm. E. Shumaker * Compiny, Ine. t ■ w.t li sy,<