Indianapolis Times, Volume 45, Number 78, Indianapolis, Marion County, 10 August 1933 — Page 11

'AUG. in, 1933_

Drastic Laws Threatened for U. S. Grain Exchanges

Gambling Features Target of Administration's Warning. BV FRKDF.RKK C. (HUMAN I nft*d Pru* MafT I nrrr%pondfnt WASHINGTON Am 10 —Threats rs drastic regulatory laws resulted Wednesday in Americas greatest grain exchanges drawing up a code of fair competition which would take mot of the gamble out of the trade. Leaders of all the country's major exchanges presented the proposal to the agricultural adjustment administration during a conference with administrator George N Peejc Unless we can get farm prices up I don t mean after the farmer has sold his grain, but before he has sold his grain I anticipate that you will face legislation next winter which may make what we are talking about fade into insignificance compared with the restrictive provisions that will be placed upon you," Peek said Peter B Carey, president of the Chicago Board of Trade, and his conferees then revealed their rode, which would revolutionize age-old practices in the grain pits. There are five mam provisions: 1 Trading in "puts and calls" or indemnities. Is prohibited except those that are good from one dav to the close of trading the next market day. “Puts and falls" make up a complicated option transaction which has been called “the nearest thing to horse race betting ' 2 Margin requirement* of traders are raised on a sliding scale. The margin on 250.000 bushels is placed

New York Stocks ~~~cßv Abbott. HooDln ft Cos I

- Am 100>: in 30 Prey. H.trh 10. FI) T. close Amerada 33 s , All Hft 2S’ 2V 1 . Harnsriail B', B’j < nnsol Oil It’* 11' Con' nf De, IS 1’ IS IS'. Houston mew i .S'* Houston told 21’. 28 Mid Coot Pc 12 IT, 12 12 Ohio Oil . . 13 12‘ pel Corn . . }l'. Phillms Pei It Pure Oil 9 B’. Poval Dutch ,31'. tibd Oil 24'* 24’, 24'. 24' Shell Union . B'. Simms Pel # Rlcellex Oil <’2 Roc Vac 12 12’. S O o' rial 36'* 36 * 36'. 36*. S O of Kan 19 1 , KO of N J . 37’, 37h Tc.as Corn 23, Awn. 8 a Cn Oil of Cal ... ... . 20’. Sleet*— Am Roll Mills 23’. 23 23’. 23 Beth Steel <2’ 42. B-ers AM 33’, 32. Col Fuel ft Iron 3 *: Cruc Steel .. ... 31 30 a Gulf Sls Steel 29 , 29 Inland S'eel 3S l.udlum Sice) ... ... IJ * • McKeesport Tin ... ... 8S 84 Nal Steel . . 49 , 46 Fen Iron A- Steel . 18'. I.'. U R Pipe ft Fdv . 16 , V S S'eel SS’ SS 1 , SS’, SS'. V S Steel pfd 98 S’otingst'n Sft T 27 . 27 Rail,— Atchison 62'. 62 62 ”I.' All Cst I.ine j' 1 Bft O 30 , 30 30 30’, Can Pac 16', !6' 16’, [*'. C,h ft Ohio 46', 46 Cht A- Ot W S’. S', C M A- St P 9’, 9'. ( MftSt r pfri IS , IS'. IS'. IS 1 , Chi N W . ll’s 11'* Chi R Isl _7 1 * Dela ft Hud <S. Erie ... . . 22;. , Ort pfd ... - • * 111 Central 43 K C Sou J 0 ’ i Lou ft Nash . . 36 *, M K A- T 12’. 12’. Mo Pac 7 6’* Mo Par pfd N V Cent ... ... 46’, 46', N Y Chi ft SI L 26 N Y Ch A- Si I Pfd .. . . 30’. 30'.. N Y New Ha *en 27’, 27’. N V Out A Wes 11’, Norfolk ft Wes .. ... 164 Nor Par ... 27’* 26'.Penn R R 36’. 3S-, Reading S2 Son Pac 29'. 28’. Soi R R 29', 29 29', 28'. Union Pac 120 Wabash . . 4’. W Maryland 12’. 12’. Motors Auburn * 60', 61'. Chrvslrr 39 38 N 38’, 39 Gen Molors 32 31', Graham Moi . 4'. Hudson . 12S 12‘ 12', 12', Hupp . . 6'. 6 6'. S'* Mark Truck .... . . 38 Nash . 22’* 22 Tarkard S’* S', S', S', Rrn 4’. 4', Rtudehaker . . 8 S_* Yclio" Truck . ss,5 s , Mot *>r \ccr%% — Bcndix IJ’, 17'. Rohn Alum 43’, 43 Borg Warner ‘*L* Briggs 11 10’* 10 lo’, Budd Wheel 4 3.V. Eaton Mfg J3, |2 t Eire Atilo Lite . 19’. 19’. Houd Hershes 4 * 4; Miillint Mfg Jj • Murray Bodv B’, 8 1 , 8, Stew Warner .. 9 '1 tmken Rol •• • 2.. -■ Alaska Jun .. 26 . 26 , . 28 . Am Smelt • • 36 335^, Anacontla *" *■ * Cal A- Hecla J Cerro Pc Pasco . . . ... 34 , 34 Granbs Jr, }i,* O Nor Ore Homest ake Min 230 Howe Sound -J • ins Copper • Ini Nickel .. • 13 * - I*l Creek Coal *•’ - K- nnecott Con ... • Noranda Cor - Jj> rhelps Dodge IS’* IS . 13 . IS 2 Puts Coal ••• Tobaero* — Am Snuff . ■ • J* 4 Am Sum Tob .1 • 21 * .1 • -l Am Tobacco A ■ > ”* Am Tobacco P 1 . Gen Cigar 2?, MBS A- Mxers R 9S . 9S’. LorrtHftfd J* * RfvnPlfl' Tob B 49 • 49 • loui|*mrnt — Alin Chalmer 19% 19 \9 l9 % Am Car A Fdv ;?> 29 Am LOCO *' • fii* Am Mach A Fds Am Steel Fdv 20', 20 20', 19 1 , Paid loco 12 • 1- a }2 }2 * Burroughs IJ * Jf'j Case J I '3 Cater Traci ’ J 2-. Colga - Palm Feet i", " Conicleum 22 , 2._, E’er S'er Pa: . 43 . 42 * Foster Wheeler 17’* 17’* I*’* t• Oer. Am Tank Cr 36', 36 Gen E'.rc 2S 24’* 24 • -1 Ingaoi Rand 64’, 64 64 63 , Ini P Mach . 139 • In’ Ha*yester 37>. 37’. 3.’* 3. Ke’ipa’or It ;* Natl Cash Reg 18', 18' Troc A Gamble 39', Pullman Inc 49 Simmons Red 2S' 2>‘, -S , -S , Und ElLott 30’* 30’, West Air P West inch Elec 44* 44'3 44-, 44 W'orthtrgtn Pmp 48’j 27 . I'tititte* — Am A- For Par 13 U . Am Power A- It! 13'. 13\ 13 N 13\ A T A T 12* 127’. Am Wa Wks 3b', 30 Brook Cn Gas 80 8" Col Gas A Flee . n ' Com A Sou 3’. S’, Consol Gas S2 S. Elec Pw: ft Lit 10 9", 10 . Ir.t TA- T I*'. IV, lon OA- E A 21 > 21 21'. Nat Par ft L4l IS 1 * IS' Nor’h Amer 26 1 . 26 Par G ft F 26', 26’. Pub Setv N J 46'. 4S'. Re Cal Edison . 2?', 22'. Std Gas 16'. 16’, United Corp 10 9’. Uo Gas imp 20', 20 Ut Par ft lit A S', S'. W< rn Union 66', 66 66', 6S". R u It her.— Ftreatoite 265 2S’ 26 2S’, Goodrich 17 l6’, 17'. 16' Goodyear 33'. 39'. 39'. 39'. v S Rubber 19 s . 19 4 * 19 s , 19'. U S Rubber pfd 32’. Kr - Spring 4'. 4mnfmrnU — Fox Film . .. 17 s . I news Ine 7 9 28’* p.iiil Corp Bs.8 s . 8 1 , f*. B’* RKO S’* S'* W*rner Bros . 7 s . I s . E ood*— Am Sugar . 61 Armour A' S’* S’. ss.5 s . S’, Beatrice Cream'v 19 Bcden Prod 32 s * 32', Ca! Packing 27'. Can Prv O Ale 32'. 3’,’. Coca Cola 98’, 98 Com Bak 'A' 12', 1!’. Corn Prod .... 82’. , 82', Crm of Wheat 31’, 3l' 31’. 31', Ger. Foods 37 Go’d Dus* 22 s . G W Sugar SS’i33s,4 5 ,3 S-. 3*'. Hershev .. 58‘* In' Salt ... . M Loose Wiles 38', 3S', Nat! Biscutt S4* NaU D Prod 201a

At 10 jier rent up to 2 000 000 bushels at 15 per rent and above 2.000.000 bushels at 20 p*>r ren’ Past trading on hairbreadth ’ margins had been recognized as one of the major evils of the trade. 3 Exchanges are required to continue in force regulations limiting the daily range of wheat price, to 5 cents per bushel, corn prices 4 cents and oaf* 3 rents. 4 Exchanges may “summarily” examine members books and mete out appropriate punishment for any violation of the rules. 5 Members of all exchanges must establish a basic work week of 42 hours and a minimum wage scale of sls per week Peek spoke bluntly on the "responsibility" of the gram exchanges in keeping the farmers satisfied With the number of strikes all over the country, the coal strike in Pennsylvania, the milk strike in New York, the lumber strike In the west and others, if you don’t keep the farmer conservative, then he is going with the crowd.” he said. “He isn't going to stand still and be dispossessed of his home and property through no fault of his own. It is in the interest of the nation that everything be done to keep him conservative. He is not going to remain so under conditions such as have existed the last few years “That has got to be changed, and if this code doesn't go far enough to correct the abuses on the exchanges. then I urge you with all the sincerity I have in my heart to undertake to do whatever is necesary to clean your own house and justify your existence as the market for the farmers’ grain That's all."

Purifv Bak 19% 19% 19% 19% S Porto Hto Sic 41 % 40% S’d Brand' 28% 28% 28 %• 28% Upt'Tl Fruit sg 57 s , W rißley 48 "* KMail Storr*— As* Dry Good * .. ... _ 51 Rr,’ A' Cos ... 26’, flimbcl Bros G t’n Ten ; 7:, Hahn Dept SIR 6’, 6‘, 6'- 6 1 , leael Tea 39 * 39 KreMto S S . 12’. 12 s , Krozrr Gror 27 1 -. 27' Mary R H . S4 .Slav Dep' St 28 2?', Mont Ward 23', 23'. 23’* ’’S'i Pennv .1C Safeway S' S2’, 52' Rears Roebuck 39’, 38 * 39’. 38'', 'A'oolworth . . ... 44', Aviation— Axialion Corp 12'. 12 12 12 Oouglavß Alt . . ... i4', Curtißß Wright 33 a 3S. Curtirs Wright A 71,, 71, N Am Ax 6'* 6', 6', 6', United Aircraft 36'. 36 36‘* 36'* ! hrmiral*— Air Reduction 10p, 101 Allied Chem 127'. 127', 127’* 127 Am Com Alrohoi 36'2 S6 S6‘, 53', Col Carbon 61 sg' Com Sokenlß 38’* 37’, 38’* 37 s * Dupont .77 76’* 77 7S 1 , Freeport lex . . 39 \ Liouid Carb 36 3S' .36 .34’* Ma'h Alkali .35', .35', Tex Gulf Sulph 29', 29 29', 29 Union Carbide 46', 46 46 , 45’, US Indus Alcohol 72’, 72’, 72’, 71 1 , Nat Distil 95', 94', 94 •. 93', llrug*— Cotv Inc . .. ... 51, Dr ig Inc 48'. 48 , 48', 47', Lambert 32 1 , 32 32 32 Lehr, ft Fink . ... . . 20', Zonite Prod ... ... 6', Hnan< ial— Adams Exp 10 ■ 10 Alleghanv Corp 6’, 6 fi Chcsa dorp 48’, 48N 48’* 48', Transamerica . 7'* 7', , Tr Conti Corp ... 6S 6', Building Am Radiator 16', • ten Asphalt 20', 20'. 20'. 20', Ini Cement 33', 33 ■lnhns Manville 50 49', 50 48', I.ibhv Owens Ols 29', 29 1 , 2' 28’ Otis Eiex 18 S 18’, Uien Const ... ... 3’, Miscellaneous— Am Bank Note ... 21 21', Am Can 88', 88 Anchor Cap . . 27’, 27', 27‘, 27 1 a Brklxn Man Tr 34', Conti Can ... 62’, 61 Eastman Kodak ... 79’, 79 Oaens Bo'-te ... 82', Gillette lIS, 14', 14'. 14 Glidden 16 15’. Gotham Silk 12', 12'. 12'. 11 s , Indus Rayon . 70', 70 70 68'* In'er Rapid Tr 8 7’* Real Sl!k Hose 14 13', Investment Trust Shares IBy Abbott. Hopptn ft Cos.) -Aug. 9 Bid Ask American Bank Stocks Corp. . 1.17 133 Amer ft Genera: Sec A' 600 700 Basic Industry Shares . . . 335 3.45 British Tvpe Inv Tr Sh .75 80 Collateral Trustee Shares Ai. 462 s>o Corporate Trus' Sh <old' . .... 2 21 2 26 Corporate Trust Shares mea t . 2 36 2 41 Cumuta’ive Trust Shares .4 10 4 20 Duersifled Trust Sh 'A> 625 Diversified IT Sh B' 800 825 nixersifled Trust Shares Ci 3 18 3 26 Dnersifled Trust Sh IDI 5.17 524 First Insurance Stock Corp.... 166 184 First Common Stock Corp . 11l 122 Fixed Trust O:! Shares Ai. 875 Fixed Trust Oil Shares i8'.... 7 59 Fundamental Trust Sh 1A1... 423 .... Sh iB 4 06 Investors. Ine 17 75 18 60 Low Priced Shares . . 595 605 Mass luxes Trus' Shares 18 50 20 20 Nation Wide Securities .3 52 357 North Amer Trust Sh '195.3 . i 54 No Amer Tr Shares .-xS-'s6' 245 250 Tetroleum Trust Sh A ■ 1100 14 00 Se’ervd American Shares ... 287 Selected Cumulattxe Shares 700 7.35 Selected Income Shares 375 4jo S'd Amer Trust Shares 310 316 Super Amer Tr Shares iA>. .3 00 Trust Shares of America 302 308 Trustee S>d Oil 1A• ... 430 505 Trustee S'd Ot! B'. 420 430 t S Fleetrir Light ft P 'A' 14 87 15 12 tmversal Trust Shares 292 3,00 Marriage Licenses Arthur Nathan. 33. of 2615 Indianapolis a enue nindrx man. and Orleans Brunson. .4 .331 Pans avenue, maid ''hm W R. Ida m 37. of 912 Broad* a-, h Cher and Mvrtle Wolfsmtth 46 of 912 Broadw av. houspwork Norman F Bauer. 27. of 2630 Burton painter, and Anna J Crorken. 20 t 313 west Twenty -eighth streft. housfork ,t Welcher. 26 Coal CV* Ind . teai Urr and Helen J Beaslev. 22. of 4459 Celleae avenue, houseuife. .Tames Pope. *l. of 623 East Wabash st fee*, .aberer and Roberta Mosbex 16. of 630 Fast Wabash s'reet housework. Ronald Blacxe'ter 21 of R R 13 Box 224 laborer and Lucihe B Beam 20. of 046 \5 tv. F igene street, housework IV Timmerman. 26 of Be-ch Grove tr >:lrrand Ruby J Rogers. 34 of 1402 Lmmood. nur.^e Births Girl* James and Freda Morgan 222 East lowa Da c; -and Esther Williams Methodist hospital H-rman and ArLng Brand'. 119 South Betnv'nt Joseph and Bessie Kirsch. 1416 Naomi Bov* Mar*, in and Ber'ha I.ugar. Methodist hospital 1' an and Margaret Gilbert. Methodist hospital. Paul and Loui'e Schilling Method!*' hOSCI’ Si 3 ■* and Georgia Walters. Me'hodist hospital Deaths Hester .Nelson 56 ot 1470 West Thirtvth:rd carcinoma Edam Mtiier. 54 of 3357 Guilford, endocardit is F mer Kaiev sg. of 3638 N Emerson chronic nephritis Wiliiant Claience Harned 47. Methodist hospi-al pulmonary embolism John J Dillon S3 of 402 S Holmes corop.srv thrombosis Eleonore T Walk 84 of 3327 Washington botiiexarti m’ocsrditis Cascius Orxa! Newburrx 63 ot 10 N Kex s’ one Hodgkin s disease Eurabeth Bailey, 2 months City hospital marasmus Paui Anthony Danna. 4 month* Riley hospital broncho pneumonia Ha"ie Wharton. 1 month cuv hospital, prema'ure birth Joseph W Pratt. 84 of 609 West Thirtieth obstruction of bowels Dorothv Dethridge. t c tty hospital, lobar pneumonia Alice Gise! 59, of 1121 Dawson, cerebral hemorrhage. Emma Carter. 44. of 2314 N. Meridian chronic mvocarditis Anna Daly. 68. of 643 Coffey, cerebral hemorrhage.

HOGS ADVANCE 10 TOl5 CENTS AT CITY TAROS

Cattle Active and Strong to Higher: Sheep Move Up. Hogs showed strength this morning at the city yards, prices moving up 10 to 15 cents over Wednesday’s averages. The bulk. 160 to 235 pound*, sold for 54.65 to $4 70. a few up to $4.75. Weights of 235 to 275 pounds brought $4 50 to $4 60; 275 to 350 pounds. $4 10 to $4 40; 140 to 160 pounds. $3 90 to $4 15; 1T)0 to 140 pounds, $2.75 to $3.65. Packing sows sold for $3.25 to $3.65. Receipts were estimated at 5,500. Holdovers were 311. Slaughter classes were active and strong to higher in the cattle market. Bulk of steers sold for 54 50 to 6 25; most heifers. $4 to $4 50 and beef cows. $2 50 to $3.50. Vealers were 50 cents higher at $7 down. Calf receipts were 500. Lambs were around 25 cents higher. Bulk of ewe and wethers sold for $8 to $8.25. Top price. $8.50. Bucks brought a dollar less. Culls and throwouts brought $3 50 to $6 Receipts were 2.000. Opening bids on hogs at Chicago were around 5 to 10 cents higher than Wednesday’s average. Weights of 200 to 230 pounds were bid in at $4 60 to $4.65. Receipts were 16.000. including 6.000 direct. Holdovers were 4 000 Cattle receipts were 5.500; calves. 1.500; market steady to 25 cents higher. Sheep were steady to a quarter higher with receipts of 10.000.

HOGS *’• .. .. Bulk. Top. Receipts 3 $4 45 'I 4 55 $ 4 60 7.000 4. 4 45 n 4 55 4 60 7,000 5. 4 50 U 4 55 4 55 1 500 <• 4 40Y 4 45 4 50 7 000 4 55’/ 4 80 465 5 000 9 4 5041 4 55 460 6 500 10 4 65 l 470 475 5.500 Markrt. hiehrr. 'l4O-1601 Good and rhoic* 1 $ 3 90'u 4 15 Llßh: Weight.* - 'l6O-180' Good and choice 4 65 'IBO-200* Good and choice 4 65 Medium Weights—--1200-220* Good and Choice 4 70'./ 4 75 220-250' Good and choice 4 60'./ 4 70 Heavy Weights ■ 250-290. Good and choice 4 10./ 4 50 290-350' Good and choice 4 10 a 4 40— Packing Sons—■3so dolin' Good ... 3 40'./ 365 <350 up. Good 3 25'./ 350 I All weights' Medium 3 004/ 340 Slaughter Pigs 1100-130' Good and choice. ... 2 750 325 CATTLE Receipts. 600; market, steady. 11 050-1,100. - Good -ind choice 6 5 75# 7.25 Common and medium 4.25 5.75 11. 100-1,500* Good and choice 5,75# 7 25 Common and medium 4 505 50 - Heifers — (550-7501 Good and choice 5 00# 6.00 Common and medium 3 25# 5 00 1750-900' - Good and choice 4.50# 6 00 Common and medium 3.00 H 450 —Cows— Good 3 25# 4 00 Common and medium 250 >/ 3 25 Low cutter and medium 1 50# 2 50 - Bulls .yearlings excludedi Good .beef. 3 00# 350 Cutter, common and medium.. 2.00# 3.00 VFAI.FRS Receipt*. 500; market, higher. Good and choice . .. $ 6 00# 700 Medium 4 50# 600 Cull and common 3.00# 450 —Calves—-.2so-500' Good and choice 4 00# 500 Common and medium 2 00# 400 - Feeder and Stocker Cattle—--1500-800. Good and choice 4 50 #5.75 Common and medium 3 00'./ 4.50 (800-1 500. Good and choice 4 50# 5.75 Common and medium 3 00# 4 50 SHEEP AND LAMBS Receipt*. 2.0011; market, higher. Lambs. Shorn Basis - 90 lbs do* n i Good and choice *7.50# 8 50 .90 lbs down, com and med 3 50# 700 —Ewes— Good and choice 2 00# 3.00 Common and medium I.oo# 2.00 Other Livestock HY UNITED PRESS CHICAGO. Aug 10 Hogs 16 000. Including 6.000 direct; moderately active, generally 10c higher than Wednesday's axerngr 203-250 lbs. $4 60 a 4.70 top $4.75; 250-290 lbs. $4 25.. 4 60. 140-190 lbs. *3 75# 4 65. bulk packing sows. $3.40# 3 75; light lights. 140-160 lbs., good and choice. $3 75# 440 light weight 160-200 lbs., good and choice $4 20 ■/4 70 medium weights. 200-250 lbs . good and choice. $4 554/4 75. heavy weights. 250-350 lbs good and choice. $3 85'// 4 60: packing sows. 275-550 lbs good and choice. S3 104/3 85 slaughter pigs. 100-180 lbs good and choice. $2 85 -/ 375 Cattle 5.500. calves - 1.500 fed steers and yearlings strong to 2fc. higher, yearlings mos’ active, all grades yearlings and Ugh! steers gathering adxance. shipper in trade for all representative weights, however market generally 25# 40c higher than Tuesday's low time, inbetweon cade* prcxlommatmg best weighty steer* $7 15 long yearlings. $" 10: cows and bulls low steady; vealrs very *rarre and strong at $5.50# Y: slaughter rattle and vealers *tccrs 550-900 lbs good and choice $5 734/ 725 900-1 100 lbs good and choice $5.75# 7.40: 1 100-1 300 lb* good and choice $5 75# 7 50: 1 3001.500 lbs good and choice 55.504,7 50: 550-1.300 lb* common and medium, $34/ 575 heifer*. 550-750 lhs . good and rhoire $4_74/6SO common and medium. $2.75# 475 rows, good $3 50-• 473 common and mediunv $2 504/ 3.50: low cutter and cutter. $1 504/2 50 hulls, .yearlings excluded', good beef/ *3 25 / 4 cutter common and medium $2 25# 3 .SO veaic-s. good and choice s6'./7 medium ss# 6 cull and common *3 50.-5 stocker and feeder cat’.e s'eers. 500-1.050 lb*, good and choice *4 504/ 5 nO; common and medium $3 -4 50 Sheep 10,000 lamb* strong 25c higher desirable native*. *8 25.,8.50 he*t nativeand westerns held aboxe $8 75 3 car s’ring of Idahocs stra-ght a 1 $8 25. asking higher for decreased supply yearling* ’laughter sheen and lamb* 'amh* 90 !h* down good and choice $7 504/8 75 common and medium. $4 59'/ 7 75: ewe* ofl-lSn ih* geed and choice sl2s# 3 all weigh!* common and medium, sl4/2 rTTTSBUROH Aug 10 Cattle Receipt*. 25- market steady. Hogs Receipt* 1.000: market aettw. higher prime he a vie*. 240-300 lbs. $4 50-/4 75: heavy 210-240 lbs. <5 10 /5 20 medium-. i*°oo ln , ' $5 204/ 5 25. heavy vorker* $5 204,5 25 light vorker*. 120-145 lbs $4 So ' lls ;bv $34, 3 50. roughs. <3#3 50 Sheep and lamb* Receipt* 1.500 market active, steady. highe,nT.L et ori 10 choice. 90 lbs down $8 •8 50 medium 90 ihs down $3.: 5. me. rit'im. 91 lbs up $5 504/6 50 sheep wither* prime <2 50 , 3 fair to good. 8175# ewe*, mediums 'n choice $14,3 50 Ca.xes Receipts. 100. market active, steady to higher: vealers. good $5 50 -7 3*50" im ' 54 r>o '" 5 ' h * v y ihin. $2.00# CLEVEt.ANp Aug 10— Cattle Receipts. JJ? 0 ' orarket fairly active and steady with Wednesday * prices receipt-, light and all cf‘ v choic- 750-1.000 .hs <6 50 ? < ?Cx‘/x'"tC° ib „* $5 504/6 25 heuer*. 6001 000 ib*_ $* 50 /6 25 good cow <3 50 .4 Ca.ves Receipt*. 500 market ac’ixe and n.v stead*- all sold ear!', choice to prime. $.4,8 choice to good $6,,7: fair o good. $5 >] b Sheep—Receipts. I 200 market active and firm with bulk of receipt* good, quite a few good receipts at IL 1! sold, choice *i vu 9 J l2 504/., 2.5 medium to good $1 sc.. * choice soring amb* $7-8 H->g* Receipt* 1.600 market active and r.ei fc * ood * ,ock * Ic htgheJ;.i and il e *ss. choice butchers lbs *ss ib * '* S ‘‘ Kh! bu!chfrs - 180-250 TOLEDO Aug IP _ Hogs Receipt* 10# 20c higher, except pie* miTeH t I!?o I, K h T? Vl ',' heavy vo*kers $4 85 Jl's' P< J. * nd b ’* lk of ’>* $4 85. medium h2h.- h m?7- * 4 " 4RS - Cattle - Receipt ; l K market strong Calve* _ Receipt* o h extr? , “s-' : -SJi ro ?* 4 ' ;ahfr t0 I V,x r—r-’v ' f “ !r ,0 S *' ort *5 ,6 50 LAFA3ET~TF Auc 10 Market !9c high. Bogs. 200-235 ;# <4 */v„ , 23<'_2*5 i-0 ,* 4 4 $ 140-170 lb* $3 654, i ° lbs $2 40 /140 roughs. $3 25 Cal'e* $6 t oc lambs. $7 n*/ 7 ■ me * .'pedal '■'V OIT . I , SV, , LLH i !n —cm tie Receipt* Ji' hts market active fully ert d *'a er grass steer:- and hetf£l* .* 4 , J * b4 ’ s finished fed kinds V. J 'I ' J J nr , i0 hrad of 1 °33 !bs fed veers, bti.k beef cows. $2 50'.,3 ] ew fut . ters and cutters $1256 225 bull* $3 down native stocker*. $4 down light t 0 ,s or better ca:- e* $3. including 105 stock calves xealers fully steady to strong b ilk be-ter grades. ss*ls so nea'y grass calx e* di*couned medium, and ' r Frgdes $4 50 down Hog* Receipts. 1 000 10c higher 185-250 ibs $4 70 250 •b* up *4 25 140-135 lbs $3 85: 140 lbs dowr. *-15 sows $2 9* stags. $1 90 Sheep Receipts. 1.500 fully steady on ai! c.asses: Ism.b nualltv olam bulk better xind- $.35 - 7 50: choice to $7 75 and "tore bucks 56 25 o 6 75. imir.®tur ßi Itcbt lamb* s3#4 50 fat ewes Sl#j bu'k better stock ewe* s6# 7.50 Receipt* Wedne*dav. cattle 192. Cattle. 302 hogs. 1.000 sheep. 1.770 -Shipments. Wednesday XMa*' 29 ’ ckf, ' et ’ 9S> 321: sheep.

. THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following Quotations do not represent ae- /a! bid* cr offerings, but mre!v indicate the approximate nunts’ level based on buying and selling inquiries cr recent transaction* - Aug Bid. A*k Belt Rail ft Stock Yard*, com 26 36 Cent Ind Pr pfd 7*e 11 1* Cent Ind Pwr pfd 7T 10 13 Culiens Gss com 14 17 Cltlrens Gs Cos pfd ST 63 67 Citirer.s Gss com .14 17 Citizens Gss Cos pfd ST 63 67 Home T ft T Ft wsvne pfd 7% 36 40 Ind ft Mich Elec Cos pfd 7%.. 70 74 Ind Oen Service Cos pfd 6 -... 65 69 Ind Hydro Elec Cos 7T 25 29 Indpls Gss Cos com 40 44 Indpls Pwr ft Lt pfd 6T .... 61 65 Indpls Pwr ft Lt pfd 6','i.. 65 69 No Ind P :b Berv Cos pfd 6 - 34 38 No Ind Pub Berv Cos pfd 5',". 33 37 No Ind Pub Rrv Cos pfd 7%.. 37 41 Indpls Wa’er Cos pfd 5- e 89 93 Ind Pub Serv Cos 6'- 3S’ a 39', Public Serv Cos of Ind pfd 6". 14 17 Public Serv Cos of Ind pfd 7T ..36 40 South Ind Gas ft El pfd 6'V.. 58 62 Terre Haute Elec pfd 6 - .... 34 38 BONDS Belt R R ft Stkvds 4s 1939 ~ 88 92 Citizens Gas Cos 5s 1942 84 83 Home T ft W s';.* 1955 96 100 Home T ft T W 6s 1943 98 102 Indpls Gas Cos 5s 1952 71 74 Indpls Rvs Inc 1967 29 32 Indpls Water Cos 4'?* 1940 . 98 : , 100'i Indp's Wa’er Cos 5s 1960 93 97 Indpls Water Cos 5s 1970 92', 96', Indpls Water Cos s>,s 1953 100 103 Indpls Water Cos S' 2 s 1954 . . 100 103 Kokomo Wat Works 5s 1958 ... 79 83 Lafayette Tel Cos 5s 1957 . 83 87 Muncie Water Works 5s 1939 . 92', 96', Richmond Wa'er Works. 1957. 84', 88 Terre Haute Wat Wk 5s 1956 84', 88 Terre Haute Wat Wk 6* 1949 93'* 97' Traction Terminal Cos 5s 1957 45 49

Chicago Stocks ■ By Abbott. Hoppln ft Cos. -Aug 9 TOTAL SALES. 6.5.000 SHARES High Low. Close. Acme Steel Cos 34 3: 34 A*be*to* Mfg 10’* 10', 10 s . Assoc Telephone Util ... ... ', Bast ian-Blessing B’, 8 8 Bcndix Aviation 17'* 16’, 17' Bilks Mfg 3 E L Bruce Cos 23', 20', 23‘, Butler Bros 4’ 4’, 4 s * BerghofT . 14'* 14 14 Cent 111 Pub Serv pfd . . ... 27' Cent ft So Wes’ 3 2’, 3 Chi ft North Western.. ll’ 11'* ll', Chicago Corp com 3’, 3’ 3 S Chicago Corp pfd . 26 Chicago Flexible Shaft 11 10’, 11 Commonwealth Edison 65', 64 65 Consumers Crane Cos 9-’ B’, 9 J * Dexter Cos 6', 6S 6', Electric Household 10 Great Lakes Dredge ... 16 15', 16 Greyhound Corp 3'* Grigsby-Grunow 2 s * 2*. 2 s , Hall Printing 6 Houdaille-Hershev A .. .. .. II 7 , Houdaille-Hershev B 5 4’* 5 Llbbv-McNell . s‘. 5 5 Loudon Packing ... ll 7 . Lynch Corn 28 Marshall Field 14 13 s . I3 T ANARUS, Me William* Dredg Cos. 14', 14 14 Mickelberrv s Fooxl Pro . ... 4‘, Middle West Utilities Nachmann Springfield. 7'. 7 7'* Noblitt Sparks Ind Inc. . . 25’, North Amer Lt ft Pwr. .. ... 4', Northwest Bancorpors.. .. ... 7', Pines Wlnterfront 3 Potter Cos 2’ Prima Cos 28', 28 s , 28' Process Corp . 3’, Publir Service 35 Public Service N P .. 35', 35 35', Pub Ser 6'- pfri 70 Public Service ~" r pfd. .. ... 75'* Quaker Oats pfd ... lis’< Reliance International 3'* Saneamo Elect Com . . . . 7 Sears Roebuck 38', 37 38', Slvver Steel Cast .... . ... 8 So Colo Power A 4 Studebaker Mail Studebaker Mall A ... Sutherland Paper Cos .. . 6 s * Swift ft Cos 19' j IS' 19’, Swift International. 25'* 24 7 25 Thompson JR 10', 10 s , 10 s , Union Carbide ft Carbn 45' 2 44', 45', U S Radio ft Tel 16 14 s , 16 Utah Rydin I s , I s , 17.l 7 . Utility ft Lnd I s , I’, I s , Utility A Ind pfd 4 s , Wahl . 1 7 * Walgreen Cos com 17', 17'i 17', Ward Montgomery A... .. ... 74', Machine ... I s , Zenith Radio ... 2', Foreign Exchange ■By Abbot!. Hoppln ft Cos.) —Aug. 9 Close. Sterling. England $4 48'* Franc. France 0530', I ira Italy 07:2 '* Belgas. Belgium 1895 Mark. Germany 3235 Guilder. Holland 5475 Peseta. Spain 1133 Krone. Norway 2265 Krone. Denmark 2019 Daily Price Index H;t I nil) ri I‘rr/f NEW YORK. Aug 9 Dun and Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press; 11930-1932 average. lOOi Today 104 88 Tuesday 103 80 Week ago 105 17 Month ago 105 68 Year ago 80 33 1933 high 1 July 18 > 113.52 1933 lov ijan 20 67 86 (Copyright. 5933. Dun ft Bradstreet, Inc.! CHICAGO FRUIT MARKET Kll 1 nilrd l‘rr -** CHICAGO. Aug 10 Fruit and vegetables- Apples. Michigan duchess, bushel. S .75# 1 15; Illinois wealthies, bushel. $1.25# 1.35. Blueberries Michigan. s2'.- 2 25. Pears. Michigan. $1.40# 150. Canteloupes, Indiana 40# 60c. flats. 20'./40c; Illinois. 40# 50c Michigan. S 10 # 1.25 Carrots. Illinois. I' 2 '•/ 2r Eggplant Illlno;*. $1.25. Spinach. Michigan. $1 Cumuber, Michigan. 40# 85c. Illinois. 25# 75c. Beans. Illinois and Michigan. S 75# 1. Beet*. Illinois. l’,c. Cabbage. Illinois. slso# I 85: Wisconsin. $1.50# 1.75. Celerv. Michigan, 30# 60c: squares. $ 50# 125 Pepper* Illinois. $ 50# 1. Michigan. 81. Corn. Illinois. 50# 65c. Peaches. Illinois and Indiana. bushel. s2# 2 50. Tomatoes. Illinois. 25# 85c: Michigan. 25# 75c. Onion market. California yellows. bushel. sl4/1.10: white*, bushel. SI 50# ICC. Illinois yellows, bushel. 50'// 75c! lowa yellow s, bushel. 75c.

HORIZONTAL Aamrer to Pminw Puzzle man lead In 1 Man In the |r.Q BLR TTYQ[ j ONE si war v ‘ hlrh P‘ c | t ure - UnlhU Elru-.jN AGlfpT followed this 9 Railroad. 5 , c 7m WOBKT f'DB?NA secession? 11 Sixtieth of a jypr VEQ I<;i'aneminute. TWaAiffc Xrf&rTc-r ITThft soul. 12 Male adult. r r-if’v-13 Secular. > WL_JN t [Oj original cause 15 Carried. I— l p-LIJE IAWBcjDjJ Jl—, . of the dispute? 16 Humor. DBE.E IJBN E.;WJ_jG 20 What was the IT Rank of LiJIjCBD AT E title of the Venice. AIDDBG O LEE P SBD'ON pictured man? 18 Armadillo. NQBA QUMi InQ IIBW E 22 Cathartic drug. 19 Perched. GjP AD E '£>l* ~~Fa L E EBP 23 Name of the 20 riot of flowers. IE NDOW EDI [AT L ANT A| war which set--21 X. .. , _ . . . tied the dis- , 41 Hard protec* 4To finish. 22 Sneakv. Pute. •>1 Pnmmon cn f* 3 ® ® he * 5 Road tabbr.) or 23 Common era 4( . San(i . box 25 Card game. (abbr). . - J k. u 2 Florida. 5J alf „ an em - 48 Golf' device. g Hainan em 29 Per,aining t 0 2o Meadow. 60 A nlavine card ? h , an acid. 26 Fish's swim- * t i ndian drlnk . ' 9 Tim inner 33 To care for the ming organ. 5J Ski „ ' sick. 27 To wind r‘r ftr 1 Chinese rood. 35 Pussy. $ 56A ceasZ: 11 ri * h } Stomach* 28 Right (abbr ). -- r b claimed by the 40 Vegetable. 30 Unit. tense southern 42 Old Test* 31 To ventilate. states to se- ment. 32 Electrified VERTICAL cede from the 43 Indian harvest, particle. ITo resume. Union of the 44 Flower. 34 Part of a 2 Occurring United States 45 Young horse, circle. every eighth (sing.J 47 sister. 36 Minor note. day. K? Gibbon. 49 Age. 37 Gloomy. 3 African 14 Which side did 52 Northeast. 39 To bark. farmer. the pictured 54 Toward. r—— —T“ ! r-r | “<r"| " TANARUS" i5 —— .||| 52 —^b 41 T h"" 3c iri±ii^M±r; . WM ■■■■ <2

STOCKS HOLD GOOD GAINS IN ACTIVE TRADE Repeal Group Moves Up in Early Dealings: Steel Strong.

Average Stock Prices

Average of thirty industrials Wednesday high 939 low 96 17. last 99 06. tip 3 22. average of twenty rails. 49 96 47 97. 49 67. up 176 axerage of twenty utilities 32 03, 30 87. 31 85. up I 15. average of forty bonds 88 12 up 0 09. BY ELMER C. WALZER United Press Financial Editor NEW YORK. Aug. 10.—Stocks continued to display strength in increase turnover at the opening of the Stock Exchange today. It was the third consecutive day of upturn. Advances ranged to more than a point at the outset. Several issues came out in blocks of 1,000 shares or more and tickers appeared to be running at capacity. J. I. Case rose l’-a to 75 and other farm and allied shares were firm. American Woolen rose a point to 14 ! * on 1,300 shares on a favorable second quarter report, while the preferred gained nearly a point. Steel common up ’* at 55'* at the opening, later extended the gain. Small advances were noted in American Can, Westinghouse Electric, American Telephone, Bethlehem, Alaska Juneau, Montgomery Ward, Public .Service of New Jersey and New York Central. United States Industrial Alcohol gained more than a point in a firm repeal group. Sugars moved higher in fairly active turnover. Chrysler opened 5.000 shares at 38 7 *. off V but other automobile shares ruled steady to firm. Rails, utilities and rail equipments were firm. Chemicals made good gains. Rubbers were higher and moderately actiye. Oils were mixed. Bank Clearings INDIANAPOLIS STATEMENT —Aug Id - Clfarings $1,352,000.04) Dabits 3.609.000 00 TREASURY STATEMENT --Aug. 10 Not balance for Aug. 8 $787,431.467 74 Int rev. rects. for day 7 053 572 01 Custom.* rects month to dale 7.443,467 27 New York Curb 'By Abbott. Hoppln ft Co.< —Aug. 9 Close Close. Alum Cos of Am 74'. I.ake Shore Ml 42' 2 Ab Bev 2", Lone Star Ga.*. 9 s , Am CPft L B 3 7 Mount Prod s'* Am Cyan B .. 12 7 e Nat Bella.* Hess 2 7 , Am Gas ft E! . 35' 2 Niag Hud Pwr. 10 Am Sup Pwr .s'•* Fan A Airways 4 s * Ark Nat, Pwr A 2 Parker R.*tprf . 60 s , Asso Ga* A ... I>, F-ionerr Old Mi. 12 Atlas Ut Crp. . '4' 2 St Regi* Paper. S', Cent Sts El 2'- Salt Crk Prod.. 6'* Cities Serv 3'* Sega! Lock s * Comm Edison . r 5 Std Oil of Ind 29 s , Can Marcont .. 2 s x{;td Oil of Kv.. 17 Cord 11 s , Btut7. 14 s , El Bnri ft- Sh.. 26 Tianslux 2', Ford of Emt . $4 United Founders 2 Ford Mot Can. 14\ United Gas 4 s , Hud Raw Min. 9'-Un It ft- Pwr A s', Imperial Oil . 13 United Verde 4 Irvine Airchute 6 \v r Hargraves.. 7 Inti Ptrol 16' 2 New York Bank Stocks By Abbott. Hoppin A- Cos. —Aug 9 , Bid. Ask Bankers 65 s , 66' 2 Brooklyn Trust 119 112 Central Hanover 145', 116', Chase National 29' , 29 7 Chemical 41 41', National City 3 3 7 34', Corn Exchange 57 58 Continental I9\ 20'* Empire 20’, 21 First National 14.55 K 75 Guaranty 331 335', Irving 20 _• 20 s , Manhattan ft Cos .. 30’, 3c’, Manufacturers 18'* If,-', New York Trust 100’, 10!' Public 35 5 ,337,5 7 , Liberty Bonds By T'nitrd Brens NEW YORK Aug. 9 —Closing Liberty bonds, .decimals represent thirty-seconds Liberty 3' 2 s '32-47. 102 19 Liberty Ist 4'.* '32-47' .10120 Liberty 4th 4'*s < 33-38 1 102 20 Treasury 4'.s <47-52 1 110 10 Treasury 4.* (44-54. 106 10 Treasury 3 s s *46-56. 104 19 Treasury 3’* .46-56. 104 19 Treasury 3 s ,s .43-47. 102 6 Treasury 3Vs .41-43. March. Irn 2 4 Treasury 3 s ,s .40-43. June 101 24 Treasury 3'*s >46-49. 99.26 Treasury 3s .51-55. 98.12 new york haw sugar rrnmss —Aug. 9 High. Low Clos* January 1 49 1 46 1 48 March 1 54 1 53 1 53 May 1 59 1 58 1.59 Jtllv 1 64 1 63 1 64 Septembev 1 42 1.40 1.41 December 1.48 1 46 1 47

—Todav and Tomorrow—w Austria Could Be Absorbed Into Germany If the Nazi Revolution Succeeded. BY WALTER LIPPMANN

Nr EARLY thrpe month* have passed since Herr Huler speaking in the Reichstag. b*iwed to the pressure of a united world opinion and declared that “Germany does not wish to take any other path than that recognized as justified by the treaties themselves” Since that time, although the Nazi domestic propaganda has continued to be unrestrainedly military in character, the Nazi foreign policy confronting

Prance nad Poland has been unprovocative Herr Hitler has been consolidating the revolution in Germany and seeking to check and suppress the more strongly anticapiir.listic impulses of his own followers. German foreign policy has been in a state of suspended animation and a diplomatic truce has reigned m Europe That truce now has been broken by what Is in effect a revolutionary agitation, stimulated from Germany, against the Austrian government. AiLstria presents the most likely opportunity of territorial expansion open to the Nazis. The Fiench frontier is impregnable, by virtue of th? French army. The Polish frontier is almost as impregnable. On neither of these frontiers is there any possibility of revision except at the end of a victorious war. But Austria is different. Although the independ-

ence of Austria is guaranteed by the peace treaties, Austria could be absorbed into Germany without outright violation of the legal terms of the treaty. The effective absorption of Austria could be brought about by a Nazi revolution in Austria. If such a revolution succeeded.

Austria, without being legally incorporated in the Reich, would, in fact, be governed from Berlin. Baa ' | ''HE Nazis have been making great efforts to bring about the revolution in Austria, and their effrts have now brought them into a diplomatic conflict ojjenly with Great Britain and France, with Italy somewhat less dramatically, and tacitly, we may be sure, with the Little Entente. The procedure by which a nation is conquered by revolution from within rather than by open military aggression is, of course, not anew invention. The Nazis could cite many precedents. We. for example, settled the status of Panama by this method. During the war. the allies brought Greece to their side by this method. They used it. too. to rouse the Arabs against the Turkish empire. The Communists have tried to use it whenever they took seriously the purposes of the third international. Japan has been using a variant of this method in setting up the socalled independent state of Manchukuo. And it reasonably is safe to assume that if the Nazis overthrew the Dollfuss government in Vienna. Austria would be jus!, as independent and no more independent than Manchukuo. That is to say. it would have no independence whatever. a a a NOW. against this method of internal aggression neither the traditional body of international law nor the new peace machinery Produce Markets Delivered In Indianaoolla prices: Hen*, heavy breeds over 4'- ibs.. 10c: Leghorns. lC - Broilers: Colored SDrlnaerr 11,I 1 , lbs. up. 12c: springers .Leghorn', l', lb*, uo. 9c: bareback*. 6c: cocks and stag* 6c Leghorn cocks and Leghorn slag*. sc. Ducks, latgo white, fnii leatnerea and fat over 4 Ibs. 4e: small and colored. 3c. Geese, full feathered and fat. 3c. Young guinea.*. 20c: oid guineas. 15c. Eggs—No. 1 fresh country run rggs. lie. Each full egg case must weigh 55 lbs. gross: a deduction of 10c per lb for each lb. under 5$ lb* gross will be made Flutter- No. 1 25#26/No. 23# 24c. Butterfal—lßc. Quoted by the Wadlev Comoanv. BY UNITED TRESS ctf^ 10 * 00 AllK 10 *BB® Market steady, price* unchanged to '*c higher receipts 9.021 ra*e* : ex’ra first*. 13# 12','./13c. current receipts. 11 # 1 2c; dirties. 9 S * C . Butter Market steady, prices unchanged receipt* 13 177 tub*, specials. 20# 20’ 2 c: extras.' 19',c extra first*. 18' 2 #l9c. firsts. 17',/ 18c. second*. 16',# 17c: standards. 19',c Poul-try-Market steady: receipt*. 33 truck.* fow.s, 10',# 12c leghorn broilers 10', c leghorn*. Bc. ducks. 7z9',c, geese, 7 ■„ g c turkevs. 10# lie; roosters.' fc: broiler* 11#I5c. Cfheese—Twins. 13 / i3’,c lonehorns, 13',# 14c. Potatoes On track 120 arrivals 39: shipments 351 market'dull: Idaho sacked triumphs. $2 90# 3; Nebraska cobblers. $2 65: New Jersey sacked cobbiers. $2.75# 2.80.

Other Livestock BY UNITED PRESS FT WAYNE. Auc 10. Hors 15c un lb * • M 70: 250-300 lbs. $4 SO 170~P° &5 i /.*■* *. 0: 300-350 lbs. St 25 ISO -170 M ?2a , I s2* l # > lbs $4 20 140-150 lbs. S3 95. 130-140 lbs. S3 70; 100-130 lbs 53 15: roughs S3 50; .stags. $2 25. Calves; St. lambs. S<. <5. Cattle, steady, unchanged EAST ST LOUIS. 11l . Aug 10. Hogs—fi a00: market active generally 10c hifenrr top, 54.70: bulk 170-360 lbs $4 604,4 65' r.o heavies sold 140-160 lbs, S3 35 .4 40 i*}®-i 3 ® ibs. $2 50 0 3 50; packing sows f 3 .?? 4 ' 350 w ‘ th tew P to S3 65 Cattle 1.800. calves 1.000; market, trading active; steers mixed yearlings and nrifers strong to 25c higher; rows. 10-j 15c higher. bulls strong \ealers 50c higher wi-h top vealers $6 50. steers $4 504,6 25. mixed yearlings and heifer*. $5.<6. cows $2.50'., 3 25. low cutter*, sl.2s'i , i 1.65; top sausage bulls. $2 90; slaughter steers 550-1.100 lbs good and choice $5 754,7: common and medium. $3 254, 5.75: 1.100-1 500 lbs cnoire. Sfi.so'// 7; good. 85.754,6.50; medium 54 *.• 5 ,5. Sheep-1.500; market. lambs mostly 25c higher throwouts and sheep steadv. top lambs S3 to packers, bulk to parsers. $7 504,7.75; buck lambs Si lesscommon throwouts S3 50: fat cws $1 25r„ - ,5: lambs. 90 lbs., down, good and choice _S7 25 825 common and medium S3 504, , 25. yearling wethers. 90-110 lbs good and choice $4,254,5 50 ewes 90-150 ibs . good and choice. SI 50 .< 275 nil weights common and medium. SI 4,2 EAST BUFFALO. Aug 10. Hogs -On sale 800 active. 20 io 25c higher with extreme top 30c abo- Wednesday bulk 170 to 2ao lbs. 555 15 fe-.v 180 lb( weights *5 20: 260 lbs . up $4.504,4.90; 100 to 150 •bs . $4 "4 75; lightweights and pigs 544, 4 ->0: packing sows. $3,504, 4 Cattle Receipts. 200: slow, draggv; little 'rading cutter and low c it-er row $1 504, 250 bulls. $2 504, 325 Calves R, c n't 50 arl tive steady; good to choice. s7', 7.50 medium S6 i6 50 culls and common $4 ~6 Sheep—Receipts. 300; very ac-i-.e uneven to 25c or more higher good to choice ewes and wethers. $8 254, 8.50 medium and .**• ,$6 504,7 50 cul’s and common. $3 50', S; sheep, up to $2 75. c CINCINNATI Aug 10 Hogs Receipts. 5000. 1.900 direr- and through; 80 held ovfr . Mostly 5c higher parking sows steady Top and bulk good to choice 180250 ibs . S4 90 rror- 250-275 lbs $4 504, f."-- * fe * weightier butchers mair.lv *4 25'., 450 150-180 lb*. $4 .-4 50. 130-150 ibs $3 254,3.75; packing sows $34, 325 Cattle--Receipts. 500; calves 250 Generally around steaadv Bulls, weak calves strong. Most medium to good steers and hei.ers. $4 5n u 5 50 part load of hand*.weight heifers. *6; common kinds on down •o $3 beef rows. $2 504,3.50: low cu-ter' and cut’ers. $1 504, 250 mos- hulls $! 50 -, 250 odd head to $3 50 good to choice •ealers. mostly ss'-,6 plainer $3 504, 450 Sheep Receipts. 2.300: fat lamb unevenly strong to 50c high*.-; better ewe and we-h----cr offerings mostly 56.50C19.50: medium k;nd. 85 50Q 6 50. some mixed. S7O 8 common kinds s♦' 6 culls on down to $3 few slaughter ewes, steady a- s]',)2 In the Air Weather conditions at 9 a. m.: West-southwest wind. 15 miles an hour; temperature. 74: barometric pressure. 29 85 at sea levef; celling, broken, lower clouds, estimated 3 000 feet; visibility. 12 miles; field wet. Birds are remarkably light in weight beca -e their bones are hollow instead u , being filled with marrow. BONDER WAREHOUSE RECEIPTS On request w will quota prices on Government Bonded Warehouse Receipt* to bona floe parties who intend engaging in the liquor business after repe*l of the 18th Amendment is ra-ifl-d We will NOT entertain Inquiries .rom agents, salesmen or representatives SAMUEL FREEDMAN DISTRIBUTING CO. Formerly „ Freedman A- Richard Mercantile l ibrary Bldg. Cincinnati, O

a .—__*

nf the league and Kellogg pact provides a clear defense. The treaties recently negotiated by Russia with her neighbors go farther than any others in attempting to outlaw this kind of aggression. but they have yet to be interpreted and enforced, and they do not. of course, apply to the German- Austrian case. The problem presented to Britain and France romes down to this: How can they prevent a tvpe of aggression which is not clearly outlawed. though if it succeeds, it will, in fact, violate the intention of the treaties and open an era of enormous tension in central Europe? For there can be no two opinions about the profound disturbance which would follow the absorption of Austria into Hitler's reich. It would revolutionize the treat r 1 structure, since it would then b*> evident that the Nazis had found a way to make a breach in it. No man in Europe henceforth would believe that such a success would fail to stimulate the Nazis to look for new worlds to conquer. b a a THIS accounts for the firmness with which Great Britain has set herself against the Austrian adventure. It is not because British opinion, or. for that matter, opinion elsewhere, is opposed to the reunion of the German peoples. It is that a reunion brought about by revolutionary aggression from within is a peculiarly dangerous form of aggression, especially when it would constitute a victory for the militarist spirit. Britain. France and Italy prevented an Austrian eronomic union with Germany when Dr. Breuning was German chancellor. If now they permitted a political union under Herr Hitler, they would have demonstrated to Germany that they will yield to forces what they would not yield to reason. They would have vindicated the Naxi propaganda and abdicated 1 heir influence in central Europe. The Little Entente and Poland would know then that they must look to their own military force alone to protect themselves. The course of events in Austria will, therefore, have a profound influence upon the peace of Europe Whatever possibilities there may be of limiting armaments, whatever prospects there are of economic arlangemcnts. and the whole alignment of the powers from London to Rome—and to Moscow— will be affected decisively by the outcome of Austria's struggle to preserve its independence. 'Copyright. 19331 Bright Spots Bv ! nitfd PrfM Houdaille-Hershey Corporation reports second quarter profit of $185.798. against net lass of $218,435 in preceding quarter. Schiff company reports July sales of $655,442 against $562,261 in Julylast year. New York .Stock Exchange market value of all listed bonds on Aug. 1 was $34,457,822,282. against $33,917,221,869 on July 1. 1933, In the Cotton Markets CHICAGO High. Low Clos* vriVrh r 1° 33 in nt; in 37 Mav 1017 1° :: S.B 'Si! 88 NEW YORK si** ch 1045 inu 1° 64 9 70 9 96 December . 10 24 988 jo ]9 _ NEW ORLEANS ’* n,l * rv 19 21 10 00 10 20 “J arch 10 36 10. IS 10 M wUlv . October 9 98 9 63 . • - December 10 19 982 10 14 NEW York COFFEE FUTURES * —Aug. 9 RIO .. . High. Low Clo®/* March 6 57 Mav 6 22 6 10 6 22 i* lt $ 27 September 5 84 5 83 5 83 December 6 10 6 05 6 07 SANTOS March 8 27 8 19 8 27 Ma-- , 11 Seoiember 7 99 7 9 7 7 97 December 8 24 8 13 8 21

Do You Plan to See the Century of Progress? Her* Are Two Ways of Eliminating Worry and Trouble: 4 DAYS 3 DAYS THF LOW PRICE INCLUDES INCLUDING ROUND TRIP choice loop hotel. breakfasts and R'O- I ARE AND PULLMAN. dinners. 3 transfer, and 3 ad- iT'-i"* ?*** u " d y, •*"*• Room at good hotel, certain mission tick- meals, admitets to Expo- A A qj- sion tickets for (A rft sit ion and | •*JO each day and $J | .DU Chicago - By- 1 ——— several sight- X . I ~ Night trip. | seeing trips. “ Special Labor Day Tour Will Leave Sept. 1 For f>p**ils ri>mmunicat<> With Richard A. Kurt*. Manager Travel Bureau The Leading Travel Bureau of Indianapolis SUnion trust* 120 E. Market St. K 1 ley 5341

WHEAT OPTIONS LEAD FUTURES MARKET HIGHER

Expectations of Bullish Crop Report Aids All Grains. BV HAROLD F RAINVILLE ! nitfd Pre%% StafT CorrrponHent CHICAGO. Aug 10—Wheat continued to advance as the Board of Trad# opened today, rising 6 to 1 1 cents. Sentiment remained bullish with the advance in stocks bringing in scattered buying. Pressure again was absent The other grains moved upward with wheat Corn was , to cent higher, despit favorable yveather. Oats yyas to 1 cent higher and rye I' 4 to 1 * cents higher. Barley moved from the pegged pnc?s for ' to \ cent gams. Provisions were strong. Wheat is regarded as well liquidated. Strength in coarse grains is encouraging, but the trade is nervous over the {imposed code for cram exchanges and its ultimate effect. The government report will be released after the close today. Yields are exp"cted to be the lowest since 1893. Foreign neyvs is more bearish with Germany. France and Russia offering wheat at Liverpool. This yvas a factor in the weak. '* to \ cent higher, respons# of that market this morning. Private crop experts rx|>ert the government's report to confirm the smallest corn yield, yvith two exceptions. since 1900. The advance Wednesday was in anticipation of this Lower temperatures and scattered raias were reported in the belt overnight. The government's oats estimate is also expected to be the lowest in forty years. Chicago Primary Receipts —Aub 9 Lirt vr#..* Today frk. "99®* 9.38 000 299 000 X°l! n 912 000 681 000 o * t ® •••■ 282.000 281 000 Chicago Futures Range yVHEAT— Al '“ Prev - , H'h Low.. 10 oo ciosf! s°P' 1 OP* 101 101 s . 100*. Har . . 104’, 104'* 104’* 103', Max v .. 1 08' 2 107’. 108’, 107'* CORN SaP' SS’. 55', 55’, 54 5 , Mav .. .65’, 85', 65’* 64 7 , OATS ♦!'. 41’. 41', 40’, Dre . ... 44 s , 44', 44', 43’, May .. .47', .47', .47', * RYE • 5?P' 76 s , 76', .78', 74 5 , £ Pr • •• 25 s . 81 s , BP, 80. J May 87 86', .86’, BS>, BARLEY - Sept. .. 54', 53 54', 53 Doc $9 58 .59 .S7H TOLEDO CASH GRAIN’ By I’nflrrl Brt TOLEDO Anc 9 Ca*h erain clo**: 'Grain ui Gexators. iransii htlltns. Wh*a' No 2 rod 99' .r /<!', No l rod. I',-r premium Corn No 2 vGlox/ 58u# ’?',<• Gal* No 2 win!,.. 44#45r No 2. 18 1 ,# 79' r Track price, 28' ~c rale. Corn No 2 yrllnxx. 54 / 55. , No 3 'Glow sj '"54c _Oa' r No 1 white 40./43c; No j while. 37'. # 42c Toledo seed clear. Clover - Cash. <8 50 Ocoher <9 758 Alslke - Cash. $8 75, A'lß’i't s9# 13 Toledo produce close Butler Fancy rreamerv 25cc. Ee?* Ext rax. 14#!4’,c. Hay Timothy, per cwt . 70c. ST. LOUIS CASH GRAIN By I t) it< >1 Bl iss ST I.OI’LS. Aiib 9 Cash cram' Wheat In wood demand 3#3’ 2 r higher. No 3 red. 99' ,c# $1 No 3 red. ilS'.c No 4 red 98c; No 2 red earltckv fl2',#99c. No 3 red rarlieky 92#976r No 2 hard 98' 2 c; No 4 hard 93c No 2 mixed. 97',#98 , ,r; No 5 mixed. 93c Corn tn [rood demand. 1/2/ higher No 2 vellow 55c No 3 veiiow. .53* #s4',r Oat* In good demand. 1 # I',c higher: No 3 w hite 38c: No 1 mixed 38c: No 2 mixed 73r No. 3 ! mixed. 36c Nr 2 red 37',c. NEW YOR K CASH GRAIN By In.:. .1 Brrss NEW YORK Any 9 Cash grain Wheat —No 2 red sll2', No 2 hard winter. $1 1. Corn No 2 mixed 58 s ,c Oat*— No 3 white. 43',c All auotes C. I F. New York Indianapolis Cash Grain - Aug 9 The bid, for car iols of grain at she call of the Indianapolis Board of Trade, f o. b shipping point, ban.* 4PV New York rate. Wheat Strong No 1 red. 87#89c; No. 2 red, 86 , 88r: No 2 hard 87#89c Corn Strong No 2 white 50', '•/ 51 ' T r; No .7 white 49 1 , /// 50 1 . r . No 2 vellow, 48 1 , */ 49 1 ,c . No 3 yellow . 47 #4B',r No. 2 mixed 47',#48‘,r. No. 3 mixed 46','.<l 4.'jc, Oav Firm No 2 white 34'/ t 3sc; No. 3 white. 33'// 34r Hav Steady >F’ o b country point! taking 23’,c or less ra'es to Cincinnati or Louisville.. No 1 ttmo'hy. sß# 6 50, No. 2 timothy. $.5 50-/6 - Inspection*--Wheat No ! red 2 car.*. No 2 red. i car; No. 1 hard I car No 3 hard l car: No 2 mixed. 1 car Total 6 car*. Corn No 2 white 3 car* No 5 whit*. 1 car No 2 yellow. 2 car*. No. 3 yellow. 2 car* Total 8 car* Oa* No, 2 white l car No 3 white, 16 car*. No. 4 white. I car Total. 18 cars. INDIANAPOLIS WAGON WHFAT City gtain elevator, are paving 87 Cent! for No. 2 soft red wheat. Otner gradea on their merit! Unidentified HHch-Htker Dies /{,. I nit.rl Br.ss ANGOLA. Inri Aug 10.- The death Wednesday night of an unidentified hitrh-hiker in a barn near here yvas attributed to natural causes today by Coroner Harry Kiink. The dead man yyas about 60 years of age. WE \n\ISK SELECTIVE BCYINC; OF SK< l KITIKS Ask for nur recommendations T. P. Burke 6c Co* I nrnrpnrat-/I I si ITU 217-321 I IRI I.E TOWER PHONE ft I ley- 8.V36

Walter I.ippmann

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