Indianapolis Times, Volume 45, Number 80, Indianapolis, Marion County, 12 August 1933 Edition 02 — Page 9

AUG. 12, im.

All. Chemical Inti. Harvester Am. Smelting \ vororro Johns-Manvllle Am. Can JUarKtH j\\ Crage Nat. Biscuit Am. Telephone a a a Pub. S. of N. J. Am. Tob. B . Sears Roebuck Atchiaon Twenty Active Issues stand, of N. J. Chrysler , . , , .. Un. Aircraft Con Gas N. Y. Listed on the A. T. u. S Steel DuPont Sfock r.rchnngc. £ nlon p * clflc Goodyear J Westinghouse JUNI JULV AUft * S 2 M 7i —z -H-f ll 1 =|==Sa in i57 . r ■ —: — s7 „ f 1 r- [ 56 a—- • —*——{— - ! ! S4 •53 1 ; S3 S g, ■ - ■ * f 52 & -v- \ /5 /l r~* T\ ‘ | e\j '' J,12 t f ' r -I —?*3 ' j; rt-j ;f j® Tills dailv record of the movements of twenty active stocks, averaged, gives a clear view of the market trend. Long pull movements and daily variations are apparent at a glance.

Wall Street Street Wonders How New Pool Rulings Will Work Out, and If Facts Are to Be Made Public. By RAIPII heNDERSHOT Times Special Financial Writer

The Street is deeply Interested these days in how the new reflation concerning pool operations will work out. No one expects such operations will cease or even greatly diminish as a result of the recent ruling by the New York Stock Exchange that members must report fully each Friday on all pool agreements they enter into, but It is belived that certain changes will be made in the way pools are operated. Very few members will tip their hands to the governors of the Exchange, or anyone else for that matter, on their pool interests or participation" To do so would be dangerous, for. while these governors

are. perhaps, as fin** a group of business men as are lorated anywhere, they are, nevertheless, in the brokerage business also and might make use of the information thus received. In all probability all Important pool operations will be carried on 'officially) by people who are not members of the Exchange. In such an event the Exchange would lack supervision. The members who are (unofficially) interested in pool operations will plead nonparticipation, and it is believed they will be able to hide their connections sufficiently to escape detection. , a a a Some Legitimate Operations There are, of course, what Wall Street chooses to call legitimate pool operations. These operations are mor<> or less in the nature of sponsorship, where a broker o r group of brokers take it on their shoulders to see that a proper market is made for an issue. Generally speaking, they buy stocks for support in

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Ralph Ifendersliot

tinus of doprr.sf.ion and sell on advances which appear likely to get 1 out of hand. And where a security is regarded as being undervalued it is considered legitimate for a group to advance the price by careful operations. Tho question has arisen in brokerage quarters as to what the Ex- i ch.i:. . propos'-s to do with the information it does receive on pool I "i* : ' ‘H Will it be kept within the confines of the governors' room* or w .l it be made public for all to view? It is fair to assume that it will be k nt secret, but many believe there is no good reason why such should be the case. rile governors may lie more or less counted upon to take the attl- j tude that the "public would not understand" and that, therefore the information might be harmful They might also take the position that the information is of a confidential character, to be used only from a regulatory standpoint. a a a Information Would Be Welcomed Undoubtedly the brokers who furnished the information would not like to see it piddled around, and they could not reasonably be blamed for such a stand. But it would come in handy for investors and speculators who take their security purchases seriously. They would like Ur know much more about what makes the wheels go 'round in the market especially as it affects their particular holdings And if the Exchange authorities had the interest of the public really in mind when they made ine rulings they probably have given consideration, at leas 7, to a general release of the pool facts and figures. Under the new sorurities law underwriters must reveal a great deal of pertinent information concerning the deals thev have made " 11 : ' ir principals. There would seem to be no sound reason why the same procedure might not be followed in the case of listed securities in which someone has a special interest.

CITY OFFICIALS WILL SEEK WORKS FUND $500,000 Share of Federal Allotment Asked. Maurice F Tennant, president of tlie Indianapolis sanitary board, and other members today began their appeal to the Indiana division of the federal public works advisory committee to obtain at least $500.000 of the $10,037,843 allotted to this state by the federal government to promote building of necessary public works. Otto P Deluse. Indianapolis business man. has been named chairman of the Indiana advisory committee. and a meeting was held at the Indianapolis Athletic Club Frida v. to select personnel of the committee throughout the state. John Napier Dyer of Vincennes, representative during the 1933 legislative session and prominent agriculturalist. was elected vice-chair-man. Lew G. Ellingham of Ft. Wayne was chosen as the third member of the board. Ellingham is publisher of the Ft. Wayne Jour-nal-Gazette. The $10,037,843 was allotted to the state ot Indiana for construction of highway, utilities, sanitary plants and paving projects. In the Air Weather conditions at 9 a. m.: Southwest wind, 9 miles an hour: tenuiersture, 76; barometric pressure. 29 87 at sea level; ceiling, unlimited: visibility, 12 miles; field, good. School Head Hurt in Crash Bp 1 nitd I'r. tt WARSAW. Ind., Aug 12—Charles Zimmerman. Terre Haute public school principal, and his wife are in the Warsaw hospital today, recovering from injuries received in an automobile accident near Bourbon Friday night Their car was struck by another from the rear. We Off* r Massachusetts Investors Shares at Market T. P. Burke & Co* Incorporate*] iciTit ta circls towei rUOSK JUla/ MM

2TSODK A rw *Y BRUC£ CATTOM STRANGER’S RETURN" finds Phil Stong writing once more of lowa farm life; and it is delightful to have him doing this, if for no other reason than the confusion which covers the snooty eastern reviewers when they find someone actually extolling lowa as a pleasant place to live. The central character in this book is Grandpa Storr. an old but extremely sprightly Civil war veteran who lives on his lowa farm with two female dependents—a stepdaughter and a niece by marriage—and a unique hired man named Simon, who is profane and godless, but a sturdy rock to tie to in time of trouble. Into this home comes a long-lost granddaughter, who has been going it alone in New York and who Is forced by economic pressure to find a haven in the old homestead. The story has to do with her adjustment to farm life and with the efforts of the other two women to freeze her out so that they can inherit- grandpa's farm. The gals lay >ome pretty deep plots to do this, but Simon and Grandpa are too foxy for them, and in the end the granddaughter is firmly established. I'm not sure that this is as good a book as “State Fair." The girl from New York isn't always conI vmcing and the neighboring farmer with whom site falls in love is more than a little phony. But the book makes delightful reading jus: the same, and I can't help feeling that Mr. Stong is contributing something important to our literature by his sympathetic and zestful portrait of lowa farm life. Published by Harcourt. Brae® & Cos., this book is priced at $2. TRAIN STRIKES AUTO Linton Woman Hurt Critically in Accident at Crossing. By I'aitt and Pren LINTON. Ind.. Aug 12 —Mrs. Oral Dobbins. 40, wns injured critically today when she drove her automobile into the path of a Chicago. Milwaukee, St. Paul & Pacific gasoline passenger train near here. She was brought to a hospital suffering a i skull Xsacturc and internal injurMa.

SWINE CLOSE WEEK STEADY TO DIME OFF Cattle End 6* Day Period With Most Losses Regained. Hogs were steady to 10 cents lower this morning at the city yards, weights of 160 pounds up showing the decline with underweights holding steady. Prices for 160 to 235 pounders ranged from $4.60 to $4 85; 235 to 300 pounds, $4 35 to $4.55; 300 pounds up. $3 90 to $4.15; 140 to 160 pounds. $4 to $4 25; 100 to 140 pounds, $2 85 to $3.75. Packing sows brought $3 to $3 60. Receipts were estimated at 2,500. Holdovers were 382. For the week beef steers closed with most of the early 25 to 50-cent i loss regained. Heifers were strong, cows steady. Bulk of steer sales were made at $5 25 to $7. Good heifers brought $5 to $6. top $6.25. Common and medium sold for $3 to $4.75. Cows made the market in a range of $2.75 to $3.50. top $4. Low cutters and cutters brought $1.50 to $2.50. Receipts were 50. Vealers were unchanged at $7 down. Calves, receipts numbered 100. Lambs were quotably steady with . the supply mostly priced to sell at $8 down. Receipts were 200. HOGS Aue Bulk. Top. Receipts. ! 5. $4 50® 4 55 $4 55 1 500 7. 4 403> 4 45 4 50 7 000 8. 4.55® 4.60 4.85 5 000 9. 4 50® 4 55 4 60 6.500 j ? 125? i-Z? 4 7S 5 - 500 11. 4 .0® 4 75 4 75 7.500 1 12. 4.60® 4 65 4 65 2.500 j Market, lower. (140-IBOi Good and choice... * 4 00 ® 4 25 —Light Weights—i 160-1801 Good and choice . 4.60 'IBO-2001 Good and cholc 460 —Medium Weights—: '2OO-220' Good and choice . 485 '220-250) Good and choice . 4 55® 4 65' —Heavy Weights—--250-290' Good and choice... 4 35® 445 <290-350' Good and choice 4.o'J-i 4jo —Packing Sows—((3so down) Good 3 40® 3 65 i '350 up) Good 3 25® 350 i (All weights' Medium 3.00® 340! —Slaughter Pigs—-(loo-130) Good and choice... 2.85® 335 i CATTLE Receipts. 50; market, steadv. (1 050-I,loo' Good and choice $ .4.75® 7.25 Common and medium 4.25® 5.75 (1.100-1.5001 ; Good and choice 5.75® 7.25 Common and medium 4.50® 550 Helters — (550-750) Good and choice 500 ® 600 Common ar.d medium 3,25® 5.00 ! (750-000' i Good and choice 4 50® 8.00 Common and medium 3.00® 4.50! —Cowa— Good _ 3 25® 4 00 ! Common and medium 2.50® 3 25 i Low cutter and medium 1 50® 2.50 —Bulls tyearllngs excluded' Good (beefi 3 00® 350 Cutter, common and medium.. 2.00® 3.00 VEALERS Rereipts. 100; market, stead*. Good and choice $ 6.00® 7 00 Medium 4 50 ® 6.00 Cull and common 3.00® 4 50 —Calves—-'2so-500' Good nrd choice 400 ® 5.00 Common and medium 200 ® 4.00 —Feeder and Stocker Cattle—-(soo-8001 Good and choice 4.50*95.75 Common and medium 3 00® 4.50 i (800-1.500) Good and choice 4.50® 575 ! Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts. 700; market, stead*. —Lambs. Shorn Basis—(9o lbs. down' Good and choir.*.s7.so® 8 50 '9O lbs. down) com. and med.. 3.50® 7.00 —Ewes— Good and choice 2.00® 3.00 i Common, and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CHICAGO. Aug. 12.—Hogs—Receipts. I 13.000. including- 11,000 direct; only smali supplies offered for sale; mostly around j 10c lower than Friday's average; scattered sales. 180-250 lbs , $4 40®4.50; top, 54 50; other weights down to 400 and below; 280-290 lbs going at $4 10®4 20: : udd lots pigs. $3.25 down; packing sows, j ; $3.25® 3 60, shippers took 500; estimated I | holdovers. 2.000. Cattle—Receipt. 800; I compared close last week; all grades light 1 weight fed steers and light yearlings. 25c Higher; medium weight and weighty ; steers, after recovering early decline, i j steadv: light heifers and mixed yearlings showing maximum upturn; all drvfed steers closing active at late advance; strictly grain fed cows steady but all grassy kinds unevenly 251/400 .ower; bulls i off 25® 40c; veulers 50c higher, very scarce; ; most grass cows In run but supplies grass steers of Stocker merit verv scarce: ! .most fed steers. $5 SO'-/6.75. extreme tifi , heavyweights. $7 40: best long yearling steers. s7 25 : Ugh: yearlings. $6 8$: light heifers. $6 35. Sheep- Receipts. 5.000: for week ending Friday 43 doub'es from feeding stations, 20.300 direct; today's market nominal: compared close last week: lambs. 50® 75c higher; attracted supplies a factor in reactionary late trade, yearlings I lost most of early gain: sheep ar.d fccdI ;ng lambs, scarce and firm, extreme top i range lambs, $8 90; outstanding quality | .ate. $8 75; week's bulk carrying wide .quality range. $7 251/8 50; week’s fop r.a----i tlves, $8 60. best at close $8 50: finishing bulk. *8 256 downward throf outs. *4.50® "> largely, week's bulk yearlings, $5 504/ ! 4.85: ewes, $l5O-./3; feeding lambs, $6.25® ; 6.60. i EAST ST LOUIS. 11l . Aug. 12 Hogs—- | Receipts 2.000; market, uneven; mostly i steadv with earlv Friday 5c above the i average; bulk 170-240 lbs, $1 50 / 4 60; top | $4 60. few 240-270 lbs.. $4 40 <i 440 no extreme heavies sold few 150-160 lbs.. $3 90 -z4 30. 120 lbs. Pigs $3 25; sows mostly, |s3 251/ 340 Cattle. Receipts. 300 Calves, j 300; marke* with week ago; native steers ! and mixed yearlings and heifers and stock i steers closed steady: western steers 50c j >wcr; beef cows. 25c: low cutters shade lower, sausage bulls strong to 15c higher: vealers, 75c higher, tops for week: 1,111 los. sieers. $6 85. heavy steers and yearlings. $6 50, heifers $6 35; cows, S4; I sausage bulls. $3 vealers. $6.75. feeder steers. $4.60. bulk for week Native -leer l $4 50 6 35. western steers, s4® ! 4 60; mixed yearlings and heifers. $4 50 •r 6. cows. S2 2S®3. low cutters. SI 25® 150; stock steers. $2 50 -73.50 Sheep—Receipts. 300; market with week ago; fat lambs mostly 75c higher: throw-outs and sheep steady; top lambs for week. *8 25; I bulk for week. $7 a 8. closing bulk. *7.75® ’ R buck lambs. $1 less; common throwouts $3 50; fat ewes. 31.2592.90. CINCINNATI. Aug. 12—Hogs-Receipts. 1 .00; 392 direct and through: 230 held over: mostly 10c lower; top and bulk better grade. 180-250 lbs . $4 80: 250-275 lbs $4 401-4 65 few* weightier butchers $4 25 / 4 40: 150-180 lbs.. $3 90 ,4 40: 130-150 bs . *3 15®3 65: Dackinc sows, steadv; good kinds. 53.-3 25 Cattle—Receipts, 200; calves. 50: nominal. Sheep—Receipts. 500* nominal, EAST BUFFALO. Aug 12— Hogs—On sale. 350: action ter slow: steadv prices asked; good 180-250 lb. grades sold at jBS 15: no trading up to late morning; bids somewhat lower. Cattle—Receipts. 50 compared with week ago. good to choice weighty shipping steers steadv: j -hort feds cf medium rough, plain and i crass* kinds, slow ar.d draggv. 25c and some 50c lower: toe steers for week, one | load a- erngmc ’ 225 lbs $7 25; other good ,:o choir* shirpir.g ar.d long yearling*. $6 25 /7 10: bulk shortfeds and medium kinds $6 25 down: cood to choice heifer yearling* S5 25®6 25: cows, steadv to strong, bulls, steadv to a shade lower. Calves—Receipts 25 steadv; good to ' choice. $7.50®8 medium. *6 50® 7: cull and common. 54./6 50 Sheep—Receipts 300; market steadv. qualltv and sorts considered: good to choice ewe and wether lambs, quotable at 88 50® 9: medium and fat bucks. s7sß culls mosliv $6 down 'heep steadv; good to choice ewes. *l5O . t# I 75. | By T mrt Special LOUISVILLE, Aug. 12 —Cattle- Receipts. 75; compared close last week slaughter classes unevenly 55®50c or more higher; most advance on steers and heifers; Stockers and feeders, steadv. bulk better grass steers and heifer* *4 25® 4 75: plain j down to around *3 50: better finished fed 1 offerings. ss®6 or better bulk beef cow., *2 50 13. practical top. *3 25. low cutters land cutters. $1 25-/2 25: sausage bull*. $3 25 down; bulk native stockers. *4 down; good light westerns to $5 and above, calves, receipts 600: Saturdays market s’eadv: bulk better grades. $S®5 50 few strictly -hoice. *6: medium ar.d lower grades $4 50 down market, uneven* 50c® 1 higher than close last week Hogs— Receipt* 600 Saturday s market. 10c low. er I*s-250 lb* $4 66' 250 lbs up. $4 15; 140-185 lbs. $3 75 140 lbs down, *205 sows. *2 85 stags. $1 80: market closed j mostly SiilOc lower than week ago Sheep . - Rece.pt* 1 200. Saturday s market steady, bulk better truck lamas. $7.25® 750 choice to *7 75 or better: bucks, mostly 16 25® 6 75. immature light lambs. 53® 4 50. fat ewes. 511/2: bulk better stock ; ewes 56® 7SO per head: lambs, closed fully 25c higher than last Saturday Receipts Friday—Cattle, 163; calves 489 hogs. 1.360; sheep, 1.724 Shipments Friday— Catu, 150; calves* 504. hogt. an; sheep,

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following Quotations do not represent actual bids or offering*, but mere,* indicate the approiimate market level based on buying and selling inquiries or recent transact Sons. —Aug. 12Bid. Ask Belt Rail A Stock Yards, com. 26 30 Cent Ind Pr pfd 11 14 Cent Ind Pwr pfd 7% 10 13 CUisen* Gas com 14 17 CStlrens Gas Cos pfd S'* 63 67 Cltixens Gas com 14 17 Citizens Gas Cos pfd s"* 63 67 Horn* T Ac T Ft Wayne pfd 7>* 36 40 Ind A Mich Elec Cos pfd 7~-.. 70 74 Ind Gen Service Cos pfd 0'".... 65 69 Ind Hydro Elec Cos 7". 25 28 Indpis Gas Cos com 40 44 Ir.dpls Pwr & Lt pfd 6"’. 61 65 Indpis. Pr A Lt pfd 6 1 -*'>.. 65 69 No Ina Pub Serv Cos pfd o'"* .. 34 38 No Ind Pub Serv Cos pfd 5 1 j% 33 3< No Ind Pub Serv Cos pfd 7"*.. 37 41 Indpis Water Cos pfd S~i 89 93 Ind Pub Sar. Cos 6® 35’a 39 a Public Serv Cos of Ind pfd 8"e 14 1/ Public Serv Cos of Ind pfd 7* .. 36 40 Sou'h Ind Gas A El pfd 6".. 58 62 Terre Haute Elec pfd 6 1 * .... 34 38 BONDS Belt R R A Stkvds 4s 1939 .. 86 92 Citizens Gas Cos 5s 1942 84 88 Home TAW s’iS 1955 96 100 Home T A T W 6s 1943 ... 98 102 Indpis Gas Cos Js 1952 71 /4 Icdp.s Rvs Inc 1967 29 32 Ir.dpls Water Cos Indpis Water Cos 5s 1960 93 97 Ir.dpls Water Cos 5s 1970 . ... 92'a 96‘ a Indpis Water Cos s’js 1953 .100 103 Indpis Water Cos s‘.s 1954... 100 103 Kokomo Wat Works 5s 1958.... 79 83 Lafayette Tel Cos 5s 1957 83 8. Muneie Water Works 5s 1939 .92 a 96-. j Richmond Water Works. 1957. 84'a 88 Terre Haute Wat Wlc 5s 1956.. 84 a 88 Terre Haute Wat Wk 6s 1949 93 U ?.'* Traction Terminsil Cos 5s 1957 45 49

Bank Clearings

INDIANAPOLIS STATEMENT —Aug. 13Clearing* * ! SJZ 222 22 Clearings lor the week 8.924 000 00 Debits for the week 22,356.000 00 TREASURY STATEMENT —Aufif. 12 — Net balance for Aug. 10 *"*s 2^211225 Int. Rev. Rects. for dav 3.363 850 32 Customs rect* mo. to date . 9.932.083 68 'By Abbott, Hoppln A Cos >

Bright Spots

By United Fresa Delaware, Lackawanna & Western Railroad earns June net Income of $121,194, against deficit of $610,853 in June, 1932. M. H. Fishman Company reports July sales of $250,116. gain of 10.6 per cent over July last year. First National Stores. Inc., reports July sales of $8,474,861, up 9.9 per cent from like month last year. Hecla Mining Company reports June quarter net profit of $68,776. compared with a loss of $23,055 in like 1932 period. Alton railroad earns July net operating income of $259,772, against $7,297 in July, 1932.

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds over 4hi lbs.. 10c: Leghorns. 7c. Broilers: Colored springers Hi lbs. up. 12c: springers (Leghorn!, I’ 2 lbs. up. 9c: barebacks. Sc; cocks and stags, 6c; Leghorn cocks and Leghorn stags. Sc. Ducks, large white, fuli teatnerea and fat. over 4 lbs. 4c; small and colored. Sc. Oeese. full feathered and fat. 3c. Young guineas. 20c; old guineas. 15c. Eggs—No. 1 fresh country run eggs. 11c. 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. 24'h 25c: No. 2. 23c Butterfat—l6c. Quoted by the Wadley ComDanv. BY UNITED PRESS CHICAGO. Aug. 12-Eggs Market, steady, prices unchanged: receipts, 8.451 cases, extra firsts, l2Vy 13c: firsts. 12':/ 12‘ac: current receipts, ir ll J c; dirties, j 9’ 2 c. Butter—Market steady, prices unchanged; receipts 15.656 tubs: specials. 20 ; 'u2o'jc: extras. 19' 2 c; extra firsts. 18'u 19c; i firsts. 17*il7!ic; seconds. 16'(il6 l jc; stand-: ards. 18’*c. Poultry—Market, easy; re-1 ceipts. 7 tubs: fowls, 10'f/llc: Leghorn j broilers. 10c; Leghorns. 8c; ducks. 7'u9‘si;i geese. 7@Bc: turkeys. 10ti 11c: roosters, 7C; broilers. 11 ?T 14c. Cheese: Twins, 13ei3'ic Longhorns. 13VS14C. Potatoes—On track. * 114) arrivals 56: shipments. 366; market steady to slightly stronger; Nebraska) sacked Cobblers, $2 504; 2.60; Idaho sacked; Triumphs. 52.95'Q3. Russets, S3 40; New Jersey sacked Cobblers. 52.75; Long Island sacked Cobblers. $2 90; Missouri sacked cobblers. $2.40; Minnesota sacked early Ohios. sl.7S'a2. Round Whites. $2 30. PLYMOUTH. Wis. Aug 12 —Wisconsin Cheese Exchange: Twins. 10 l *c. Farmers I call board Longhorns. 10 3 c: Young Americas. 10 3 4c; single Daisies. 104*c: twins. 10* 2 c. NEW YORK Aug 12 —Potatoes—Dull. Long Island. $3 50'04 barrel; New Jersey. SI.2S4i 3. Sweet potatoes -Dull: southern barrel. sl2svis; southern basket. 51'u.2.25. Fiour Dull; spr.ngs: patents. s7'.i7 25 sack. Pork -Quiet; mess. $20.50 barrel. Lard—Dull; middle west spot, $6.10>/6.20 100 pounds. Dressed poultry Steady: turkeys, 13'./20c- chickens. !)'./24t. broilets. !3'<i 18c: fowls. 104 t 16c; ducks, Il4il2‘;c; Long Island ducks. 14c. Live poultryirregular; geese. 6'ußc; turkeys. 10''/20r: roosters. 9c: ducks. 7i 15c; fowls. 8'• r 15c: I broilers. 105/ 19c. Cheese Easy; slate whole milk fancy to spreals, 20<//21* 2 c: Young America. 154i18’ 2 c. Butter —Reccip*s. 0,530 packages; market, quiet; creamery, higher than extras. 20 3 4fi21’ 2 c: extra. 92 score. 20’ 2 c: first. 90 to 91 score. 19’ 2 4< 20c; firsts. 88 to 89 score. 18'; 19c: seconds. 17’ 2 4/16c Eggs—Receipts. 15,807 cases; market, quiet; special parks, including unusual hennery selections, 17'u 21c: standards. 154ii6’ 2 c: firsts. 14c: seconds. 13''//13* 2 c: mediums ll'i'.i I2’c; dirities. 11 , 2 4ii2 , /c: checks. lO'-ilO'-c. Other Livestock BY UNITED PRESS PITTSBURGH Aug 12 -Cattle-Re-ceipts. 25: market, steadv. Hogs- Receipts. 500: market, verv slow lower: prime heavies. 240-300 ibs $4 50 '. 4 80; heavy mixed. 210-240 lbs. $4,804/ 5 10: mediums. 180-210 lbs . $5 104/5 20 heavy Yorkers. $5 p 5 20. light Yorkers. 120-145 lbs. $3 75'u 4; pigs. 90-115 lbs . 534/3.50: roughs. $3 50. Sheep and lambs— Receipts. 1 000: market, steady to lower: lambs, rood to choice. 90 ibs down. $8 ;; 8.50: medium. 90 lbs. down. S3 .<5: medium. 91 lbs up. $5 50 6.50: sheep, wethers, prime. $2 50473: fair to good. $1.75472 25: ewes, medium to choice. ! 5163.50. Calves—Receipts. 75: market,, steadv: vealers. good $5 504/7: medium. $4 504*5: heavy and thin. $2 50473 50. FT WAYNE. Aug. 12—Hogs—Receipts. 20c off; 200-250 lbs.. $4 55; 250-300 lbs . $4 35: 170-200 lbs . $4 45 300-350 lbs.. $4 10. 160-170 lbs $4 35 150-160 lbs $4.06: 140 -150 lbs. $3 85: 130-140 lbs. $3 55 100-130 lbs . *3; roughs. $3 25 stags. $2; calves. $7; lambs. $7 50. Cattle—Steady, unchanged. KANSAS CITY Aug. 12 —Hogs— Receipts. 60e receipt.- mostlv direct: largelv a shipper market: weak to 10c lower than Friday s best kinds, or around steadv with the average ton. $4 15 on choice 183-240 , lbs.: desirable 170-260 lbs. mostlv $4 j 4 15: odd sows. $3 15 ar.d down Ca’tle—Receipts. 300; calves. 100 for the week: Beef steers and yearlings steady: early dec.tne . mostlv 25c recovered, fed hetfers and bui.s fully steadv: other killing classes weak to 25c lower: vealers 50c higher and steadv; i stockers and feeders strong to 25c higher: 1 week top; long yearlings. $6.75; heavv I s'eers. $6 50: prime heifers. $6 40: bulk fed steers. Ss'./6 15; common to medium western 534/ 4 75; s'oekers and feeders. s3<u 4 25; fleshy heavy feed.ers. $5 40. Sheep—- , Receipts. 600; for the week: lambs 6C4 t , 75c h;gher. vearhr.gs 25c up: sheep 254; 50c I higher: closing at the week high level: top native and range lambs. $8: late sales na- ; tlve mostly $7.754/8 best yearlings. $5 50: i numerous lo's $5 254i 5 50; top slaughter | ewes. $2 75. most sales $2 : 72 5o CHICAGO FRUIT MARKET Bp United Prc** CHICAGO. Aug. 12.—Fruit and vegetables Apples—Michigan Duchess, bushel, 75c4> $1.15: Illinois ana Michigan Wealthier bushel. $1 25 Blueberries—Michigan $24/ 275 Pears—Michigan, bushel. $1 254/ 150 Canteloupes—lndiana, 40*; 50c flats 25'. 40c: Illinois. 49r50c flats. 2n .740 c Michigan. 40c4!5l Carrots—lllinois. I 1 i'll 2c. Eggplant—mmols. $1471 25 Spinach -Illinois. 65c. Cucumbers—Michigan 40c 47 $1 igan. 75c i *1.25: Michigan, lima* 60-. Ssc. Beets—lllinois, lfilc. Cabbage—LUnols. tl 47125: Wisconsin, *! 25/71 75 Celenr —* Michigan. 40'/jsoc; flats. 404/65c. Pepp-rs— Illinois. 60 7 75c. Corn—lllinois. 406 50c Peaches—lllinois ar.d Indiana bushel $1 50 72 2$ Tomatoes—lllinois. 2S/0c Mich.gan. 20'.; 50c Onion market: California, vetlows $1 10471 15: whites, bushel. *1.456 ISO: Illinois yellows 750*5c lowa vellows. bushel 756 85c; Indiana, whites, bushel. II 2591.15. PARKED AUTO LOOTED Clothing Worth sl9 Stolen From Car of J. P. Meek. J. P. Meek, 2960 North Meridian street, learned late Friday afternoon never to leave his car without locking It. He tried It as he parked his automobile in the 400 block, West Vermont street. A thief took a suit of clothes, valued at sl9. j

WHEAT SLUMPS LIMIT IN WEAK TRADING RANGE Pegged Bottom Holds Major Grain From Further Losses. BY HAROLD E. RAIXVILLE IL'niied Pffii Stall Corrupondent CHICAGO. Aug. 12—All dellver- | ies of all grains adhered to the 1 pegged limits throughout the sesj sion on the Beard of Trade today. Only a few deliveries, principally September com. managed to better the artificial bottoms In effect since i July 31. but expiring next Tuesday. Asa result, trading was comparatively at a standstill. Pronounced weakness In Winnipeg wheat, with a 7-cent decline at one time, was a depressing factor. ! The Canadian market was down 12 1 cents from Thursday’s best levels with part of today’s drop attributed | to selling by American interests. However, a more optimistic feeling I was reported in many circles. At the close wheat was 2H to 3 I cents lower, corn 2\ to 3 7 * cents j lower, oats to 14 cents lower, rye 2'i to 34 cents lewer and barley j unchanged. Provisions were weak. Receipts were 39 ears of wheat, 109 corn and 87 oats. Cash wheat | was 3 4 to 7 cents lower, corn 3 to 6 j cents lower and oats 3 to 5 cents lower. Shipping sales were 5,000 bushels oats with 6.000 bushels wheat, 100.000 bushels corn and 8,000 bushels oats bobked to arrive. Chicago Primary Receipts —Aug. 12Last Today, week. Wlivat 988 000 341,000 Corn 298,000 397,000 Oats 960.000 329.000 Chicago Futures Range —Aug. 12WHEAT— Prev Op*n. High. Low. Close, close. Sept 9292’. ,92>. 92'. .95’. Dec 95 3 .96 ,95’ .95 3 98V 2 May .994 .994 994 .994 1.024 CORN— Sept 494 50 .494 .494 524 Dec 54*. .55 544 .544 .574 May . .%>• 604 .604 .604 .624 OATS— Sept 364 .37 .364 .364 .384 Dec 404 .404 .40', 40 4 41 4 May 444 .444 .44'. .44 4 .44 4 pyjj Sept 884 684 .68 88 .714 Dec 744 .744 .734 734 .774 May 80 .80 .80 .80 .82 4 B AH LEY— Sept 53 53 . 53 . 53 . 53 Dec 574 .57'* .57 4 .57 4 .57 4 May 62 4 62 4 LARD— Sept 5.90 590 590 590 607 Oct 610 6.10 6.02 6.02 6.25 Nov 6.20 6.45 Dec 640 6.50 G3O 630 6.50 Jan 687 6.95 6.80 680 707 BELLIES— Sept 650 685 Oct 6.77 6.77 8.77 6.71 6.85 CHICAGO CASH GRAIN By l tilted Bre** CHICAGO. Aug. 12.—Cash grain close: Wheat—No. 2 red. 91c; No. 2 red weevllv. 894 c. Corn- No 6 mixed 454 c: No 2 yellow. 491:49 4c; No. 3 yellow. 49c; No. 4 yellow. 48c: No 2 white. 514 c. Oats— No 2 white. 344® 354 e: No. 3 white. 324 It 34c: No 4 white. 32®33c; a-mple grade. 304 c. Rve—No sales. Bariev—4o® 65c. Timothy—*4.so® 4 90. Clover—slo® 12.50. TOLEDO CASH GRAIN By l nited Prrm TOLEDO. Aug. 12.—Cash grain close; Grain in eievators. transit illlne Wheat —No. 2 red 93-/ 94c; No. 1 red. Id 14c premium. Corn—No 3 vellow. 544®554c. Oats—No. 2 white. 41® 42c Rve—No. 2. 74®75c Track prices. 284 c rate: Wheat —No. 1 red. 88 "89 4c: No 2 red, 87® 88c Corn —No. 2 vellow. 50®51c: No. 3 vellow. -19® 50c Oats—No. 2 white. 37® 384 c; No. 3 white. 34® 39c. Seed close Clover— Cash. $8.50 October. $8 75. Alslk—Cash. $8 75; August. $9. Produce—Close: Butter —Fancy creamery. 25c Eggs—Extras. 14® 144 c. Hay—Timothy per cwt.. 70c. INDIANAPOLIS WAGON WHEAT Citv grain elevators are paving 83 cents for No. 2 soft red wheat. Other grades on their merits.

In the Cotton Markets

—Aug. 12— CHICAGO High. Low Close January 9 85 9.70 9.70 March 9.99 9.76 9 78 May 10 14 9 95 9 95 October 9.58 9 38 9.38 December 9SO 9.57 • 959 NEW YORK January 9 85 9 56 9 58 March 9 95 9 70 9 72 Mav 10 13 9 33 9 85 Julv 10 25 9 98 9.98 October 9 56 9.32 9.33 December 9 30 9.51 9.52 NEW ORLEANS January 9.73 9.53 9,53 March 9.82 9.66 9.66 May 10 10 9 85 9 86 July ■ lo oo October 9 51 9 25 9.26 December 9 73 9 46 9.49

Gone, but Not Forgotten

Automobiles reported to police as stoleu , belong to: Helen Morlaritv. 32 South Alabama street, woman police officer. Ford coupe. 50-468. from in front of 15 North East street. H. R Gray. 1202 North Capitol avenue. Chevrole’ sedan 47-308. from in front of 1202 North Capitol avenue. D. Krieger. 2125 North Illinois street. 1 Cadillac sedan, from in front of 221 Virginia avenue E'hel Coffev. 6 Wes* South street. Chevrolet corch. 33-258. from In front of 6 ! West South street. Robert Bennett. 918 English avenue. ! Chryiler roadster. 45-406. from Shelby and : Prospect streets. Krieger Stewart Company. 3128 Fall Ceek boulevard Cadillac sedan. 52-816, I from in front of 211 Virginia avenue I Ben Holvitr. 1038 South Meridian street, j Ford dump truck, from 1414 Silver avenue.

back home again

Stolen automobile* recovered by police bfione to: i Globe Cartage Cotnparv 1300 Kentucky I avenue, highway trailer, found five mile* south of Harmon hill, stripped of tires. George Bruce. 1424 Woodlawn avenue, ; Plymouth sedan found at Prospect street | ar.d Emerson avenue. Gripped of two front wheel*, headlights, radiator cap. and floor boards. James T. Burgess. 1205 Sturm avenue, Ci:rys!ey sedan, found at White river and North street, stripped two front tires and ba tterv. Walter Susemichael. R R. 4 Bo 312. Ford sedan, found at South and Meridian streets. Harrv Sharp Company, 443 Virginia avenue. Ford coach, found at Thirty-eighth street and Big Four railroad. Bulck roadster, no certificate of title, two stolen license plates, found at 530 East , Michigan street. Births Bovs John and Dorothy Schneider. St. Vincent's hospital. Bert and Ruth Goldberg. S'. Vincent'* I hospital Carl and Jennie White. 1118 South Key- ! stone Roscoe and Clara Hand Methodist hos- ! pita!. Uhl ar.d Mary McWilliams, 1159 Kin* Frank and Alice Turk. 928 North Warmar.. Girla Clarence and Alice Lmsley. St. Vincent's hospital. Remster and Gar Bingham. St. Vincent's hospital. ■William and Clara Vest. 1070 West Twenty-eighth. Paul and Anna Johnson. 2606 Finley. Deaths Anna Shannessv. 45, eltv hospital. chronic myocarditis. Margaret W'lggam. 72. of 2007 North Capitol, chronic cholecystitis. Margaret Raschbacher. 55. St. Vincent'* hospital, cerebral hemorrhage Mary E Bloomer, 76. 25 S. Dearborn, cerebral hemorrhage. Lotus B Calveiage. 60. of 2625 West Sixteenth. coronary occlusion. Donald Wayne Lovell. 9 months, city hospital, malnutrition. Brotherhood Elects Officers Members of the Syrian-American Brotherhood elected officers Thursday at a meeting in the hall, 208 North Davidson street. Thomas Caston was named president; , Charles M. Corey, vice-president; Abraham Malcuf, treasurer, and i Moses Kat er, secretary,

FILM STAR HAS OWN ‘RECOVERY ACT’

Ij&uMU ■&im*:*' r 5 I '*

Esther Ralston By Time* Special HOLLYWOOD Cal. Aug. 12.—Esther Ralston, movie actress, has a “recovery act" all her own. She's recovering her happiness, she declared Friday, explaining why she and her husband have parted It was a "friendly break," she asserted, declaring that they are not planning a divorce.

AVERAGE HOUSE RENT SET AT $25 IN CITY

Census Shows Drop to Low

Level of $lB.

Ail the areas of greatest economic drain in Indianapolis had average house rents of approximately $25 a month in 1930. according to the United States census taken that year. Four of the census tracts in this area had average house rents of less than $lB a month that year, according to the census figures. These facts were ascertained by the Indianapolis community plan committee of the Indianapolis Chamber of Commerce. In 1930 the United States census takers gathered information on house rents by census tracts in Indianapolis and their figures were used by this committee in its study of economic and social conditions in this city.

The City in Brief

“Alice m Wonderland," a playlet, was presented by more than 250 children from Negro playgrounds throughout the city, Friday night at Douglas park as the annual Negro pageant. “Can You See it?” will be the general topic of members of the Demagorian Club of Technical high school when they address the Christian Men Builders class of the Third Christian church, Sunday morning. Dr. Harry K. Mrllroy, manager of political and legislative affairs of the Indiana Chiropractors’ Association. left today to attend the convention of the national association at Denver. The session will close Aug. 20. Thirty-third annual reunion of the Keeshng family will be held Sunday, Aug. 27, at Memorial Park, Newcastle. A gang of Negro prowlprs Friday night fled after breaking a window of school No. 42, Twenty-fifth and Rader streets.

COUNTY EX-TREASURER PAROLED FROM PRISON Former Hamilton County Official to Make Restitution in Fraud. Fine of Thomas Setters, convicted of embezzlement when treasurer of Hamilton county, has been remitted by the state pardon board. Setters was fined $3,400 and .served a minimum two-to-twenty-one-year prison sentence, being paroled to make restitution. The fine was remitted for the same reason. William Moore, given a ten-year sentence here in 1929 for three filling station robberies, was granted i a commutation of sentence to five l years. Marriage Licenses Elmer Van Deman. 22. of 4042 Bowman ! avenue, die cutter, and Elizabeth Hocker, 20. of 2743 Barth avenue, inspector. Paul E. Orifftn. 22. cf 711 Buchanan street, grocer, and Grace M. Duckworth. , 22. of 2422 North Sherman drive, houseI work. James S. Gowrie. 41. of 204 West Thltii eth street, truck driver, and Christina Edens. 45, city. ITouseworfc. Elbert W. Hoover. 40. city, insurance : man. ar.d Leonora H. Kev. 28, city, house- j j work. Robert Haensel. 36, of 2125 Napoleon street, toolmaker, and Caroline T. Casper. 29. of 1018 Broadway, seamer. Norman L Dor.rlson. 24. of 1128 Bellefontaine street, pharmacist, ar.d Ruth M Ebner. 24. of 53/ North Jefferaon street, telephone operator Charles A Sullivan. 19. of 3570 North Keystone avenue, dairy worker, and Doro- . thy P Borneman. 17. of 3130 North Arsenal avenue, housework. Arthur P Bly. 39. of 934 East Seven- i teeth street, custodian, and Louise Polk, I 25. of 2838 Highland place, maid. Paul W Walker. 21 of 535 East Twentv. first street, clerk, a/td Elma F. Patterson. 18. of 545 West Thirtieth atreet, c.erk John C Garrett. 22. of 4715 Carvel avenue. clerk, and Helen M. Vandevere. 22, o' 3750 Guilford avenue, housework. Norvell E Llsher. 28. of 533 Ogden street. Apt. 63 actor, ar.d Wanda Hunlev, 18. of 726 North East street. Apt. 17. domestic. Charles D Greenen. 21. of 544 h Central avenue, furnace company executive, and Mary L. Turnock. 19. of 3455 Winthiop avenue, housework. Orval R. Case. 28. of 1346 Reisner street, rauroad man and Helen E Nagle. 22, of 1741 North Meridian street, nurse Raymond H Gross. 25. of Rochester. N V . clerk, ar.d Hilda Schmidt. 23. of 38.55 Guilford avenue, homework Dame! E Heetcr. 32. of Richmond. Ind.. mechanic, and Virginia D. Guthrie. 18. of 1743 West Washington street, domestic. Everett Jacob* 22 of 517 Nor*h New Jersey street salesman, and Louise Myers. 21. of 431 North Illinois street, house- 1 work. Ward Snyder. 2T. of Sanborn. Ir.d farmer, and Bessie E Mver, 31. of 1409 Russeh avenue houaekeeper Irvin H. Givtden. 21. of 665 Eas* Slxtvthlrd street, truck driver, and Marr Jane Stewart, 16. of 6563 Fergatson street, housewife. Robert crow. 25. of 1237 King avenue. Tt&Wsl£SS>3P- r -

SUSPECT HELD HERE IN CLUBBING DEATH Jasonville Man to Be Grilled in Killing of Aged Woman in Cabin. Fred Bolinger. 30. said to be a resident of Jasonville, is held In the Marion county jail todav for questioning in connection with the clubbing death of Miss Mary Ellis, 73. recluse, in her cabin near Jasonville in February. Bolinger was arrested by Captain Matt Leach and Claude Dozier of the state police at Jasonville Friday night. They said the suspect had not made any statement and he was to be questioned again today. Miss Ellis had lived alone on her small farm for a number of years. Robbery was supposed to have been the motive for the slaying. The body was found in the cabin Feb. 28. the woman having been slain probably two days before. ANNOUNCEMENTS_ I Death Notices BLOOMER, MARY r. 11.-Beloved v Louis H. Bloomer, mother of Raymond M. Bloomer, sister of J. A Moore and grnndniother of Charles and Robert Bloomer, passed away at her home, 25 8. Dearborn. Friday a. m. Funeral THE PLANNER BUCHANAN MORTUARY. Monday 2 p. m. Friends invited. Burial Crown Hill BOWER/'. i-RED Husband of Anna L father of Mrs. Marguerite Hook, died at the home of Mrs. Hook, 4427 Wlnthrop Ave.. Friday. Friends mav call at the KIRBY-DINN MORTUARY Funeral Monday 2 p. m. at the MORTUARY Interment Crown Hill Friends invited. I YER. MARY i 1.1 t Ni. Mrs Lula Ever and sister of Mrs. Jeanette Young and Charles B Ever, departed this life Friday. Aug. 11. ace 20 years Funeral Monday. Aug 14 at THE MOORE A- KIRK FUNERAL HOME 2530 Station St.. 10 a. m. Burial Memorial Park cemetery. Friends invited

His on •“wonaan as the advertising genius who put over Aqua-Zone on the public . A and who sold this “little to Q two women in private: a _ m 11 glaring light of exposure' Kimf H on advertising fakery, uith Dix IJ in a role of dramatic power that will be long remembered. mgS^M I ELIZABETH ALLAN V | DORIS KENYON &s* ALAN DINEHART

3 for 1 Rental Offer SPECIAL This Week Only All Three 1 Rental Ad TwH> Guest FREE Published '/ Tickets to .2 Listing for Seven APOLLO J Rental enn'd* Consecutive Days For the Price of a Regular 7-Time Ad * I WT A 3c a Word—Rl-5551 JL • VV This Offer Expires Aug. 19th

PAGE 9

AID VOTED TO HOME BANKS BY LOAN LEAGUE Success of Corporation Is Pushed Also by State’s Action. Full support of the Building and Loan League of Indiana to the Home Loan Owners’ Corporation was voted Friday by the executive committee, in special meeting at the Lincoln. E. Kirk McKinney, Indiana manager bf the Homo Owners’ Loan Corporation, addressed the committee before the vote. Farther success of the corporation was assured by the state banking department, which today announced that it would send three state employes to aid home loan officials on the opening of the city s home loan bank next Wednesday The resolution passed by the Building and Loan League follows: “Whereas. The President has requested building and loan associations to co-operate wiih the Home Owners’ I/san Corporation in accepting their bonds in pavmrnt of mortgages of distressed home owners. and “Whereas. The building and loan associations for mor than a century have devoted their efforts to--1 ward aiding home owners, be it | hereby "Resolved. That the executive committee of the Building and Loan League of Indiana, in a special meeting, pledge its wholehearted co-operation and urges all officers and directors of the associations throughout th state to join in assisting this worthy movement." ANNOUNCEMENTS 1 Death Notices INGSTAD. MARIE C.—Wlfe of Edward IngsUd and mother of Mr*. Edwfn O. Ingstad. passed awav at her home. 3715 Watson Kd. Thursday -vrnlng S*-r\t<<\* ht the CLYDE V MONTGOMERY FUNERAL HOME 1622 N MetUdlan St . Monday. 2 o. m Friend* mav rail at, the funeral home any time. Burial Concordia cemetery MEYER.' AUGUSTUS Entered into re® Thursday. 7 15 n. m.. age 67 years, beloved husband of Anna Mever. father of Hugh Parmer Noian and Mis* Milil" Mover Funeral Monday at residence. 1927 N. Dearborn St . 2 n m Friend* Invited Burl*! Memorial Park. FRED T. MOORE IN CHARrML 1 O 6 F BRIGHTWOOD NO 655 Members who can. p'ease attend funerI al of our Ut<- brother. GUB ME® ER. Monday. Aug 14. 2 p m t the residence 1927 N Dearborn Si. HOWARD RETTIO. N O OSCAR LACKEY Recording Softy ) 2 Cards, In Memoriams DILLON We wish to extend our deep gratitude to our manv relative*, friend* and neighbors for their kindness, s'.mpathv and lloral gift*, during the recent los* of iitir helosed husband and father. JOHN J DILLON We especially wish to lhank Rev. Father Schad, Dr Dugan and Dr Oaddv, Captain Rncobs Li'-ut. James, membera and lrlends of engine house Nos. 18 and 25 the young people* rlub of S*. Anthony'* parish and the En-Av-Ant Club also George W Usher, funeral director, lor his efficient ser. Ice. MRS. JOHN J. DILLON AND FAMILY __ king In loving memory of our dear son and brother. CHARLES HERBERT KINO, who passed away Aug 13. 1930 What would we give to clasp hi* hand. His happy fare to see. To hear his voire and see hi* smile. That meant so much to us. Sadly mused hv the FAMILY SCHLEGEL We wish to extend sincere thanks and appreciation for manv kindnesses. messages of love and understanding and beautiful floral offeringa from our friends, relatives and neighbors, during our sad bereavement In tho drath of our beloved baby. GWENDOLYN HOSE We especially wish to thank Rev. Father Harold. Rev. Vlrael Brock, Broad Ripple chapter of Eastern Star. White Shrine. Prather Masonic lodge. Daughters of the Nile and llie Caledonian Club, and funeral directors, Moor# A Kirk. THE FAMILY.