Indianapolis Times, Volume 45, Number 86, Indianapolis, Marion County, 19 August 1933 — Page 9
'AUG. 19. 1933
Wall Street / Administration Is Having Difficulty in Attempting to Regulate Chicago Grain Market. By RAI.PH HENDERSHOT Time. Special Financial Writer
The administration in Washington seems to have the bull by the tall In the wheat situation and is afraid to let go. It placed pegs on prices through the board of governors of the Chicago Board of Trade as an emergencv measure and now, while not wanting to leave them on. Is afraid to lake them off For a few days after the pegs were placed it looked as if they were going ?o drive speculators out of the market and at the same time stabilize prices. They drove the speculators out. but they placed the market
m a more unstable situation than it was before the pegs were placed. Prices advanced at first, due to short covering and buying bv those who prefer Scotch risks. But a subsequent reaction, following a drop in speculative trading and the placement of normal hedges by millers and others, placed the market in a stymied position. No one cared to buy, and hedge orders began to pile up. It was reported in trade circles at mid-week that selling orders amounting to 8,000,000 bushels of wheat had accumulated. Morover, when the trade was unable to hedge in the Chicago market it went to Winnipeg for protection. The influx of selling in that market drove prices down abnormally, and pegs were placed in that market. a a a Winnipeg Market Hit Also Before the threat of inflation developed in this
i
Ralph . Menders hot
country the Chicago price for wheat was about 9 cents below that In Winnipeg. After that the prices crossed with Chicago wheat, selling from 5 to 10 cents a bushel higher than in Canada. Recently the Canadian prices were more than 20 cents lower than our own The Hoover administration was unable to regulate the price of wheat, even though it spent a great deal of money in an attempt. The first try of the new administration seems to be headed for failure also, but it is now indicated that the problem will be tackled from the production end. It was officially stated that unless foreign countries co-operated with the United States in reducing acreage we would subsidize the sale of wheat for export. a a a Control May Not Be Easy It may not be the easiest thing in the world to force other nations into line. They may have their own ideas on production and markets. A sub idy, of course, would cut into their exports, but there would be nothing to prevent them also from subsidizing sales of the grain. But while the affair was being worked out brokers decided they had better think about protecting themselves. Consequently many of them raised their margin requirements to SI,OOO a contract of 5.000 bushels, as compared with $250 last spring, when business was badly needed.
New York Stocks ““ (By Abbott. Hoppln St Cos.) ■ ■
—Aug 18.— Prev. Oil*— High. Low Close Close. Aa.er.td> 37'. 34', 35 1 34 At: Rfst . 28’. 26S 27V, 27>, Barnsdall 9 B', 8H 9 Consol Oil . 12', m. US 12'* Con- of Del 16 . 15', 15H 16't 80., ton inrwi . SJ5 J s', 5H 5S ll< i tot. .old. 28 26’. 26’, 27', Mid Cm' Pet 12*t 12'. 12' 11’* Ohio Oil . 13’4 12', 13 13S Fet Corn 12 11 '* 11H 11', Phillips Pet 14’, 14H 14H 14', Pure Oil 9H 8S 9 9', Koval Mutch .. 32 31’. Stxi Oil 27H 25+4 25*. 26*. Shell Union . . B*. 8' B', B', Simms Pet ..9', 9 9 9’4 Skellrv Oil 8H 7 7 7j Soc Vac 12’ 12‘. 12’ * 12H S O o! Cal 35*. 37 37'* 36H S O ol Kan ....... ... 21 SO oi N J 38', 3V', 37', 38', Sun Oil ... 43 Texas Corp 24', 22*4 22*. 24 Tldi sater Assn . 9 ; . B>4 9'4 9*, Un Oil ul Cal 19 s * 19'-, 19*, IBS Steel*— Bch Steel 40’. 38‘, 39H 40*. Bur. A M 33*4 31 31’. 3SH Col 1-ue! At Iron. 7 OH 6’. 6*. CriC Steel 30*. 29', 30*. 29 Gull Sts Steel . 28‘. Inland Steel .. ... 37 3i Ludltim Steel . ... 14', 14 MrKu sport Tin 88 87 H 87*. 81*4 Natl at eel 4:>*. 45 45'a 44 a Hep I.V S 17*. 16S 17 17', Keji I .V S pld.. 41*. 41 41 40 U a Smelt 86 82', 84*. 82', Vanadium . 26H 34*4 25 25', Mmlaml . ■ • ■ *jJH U S Pipe At F’dy 18' 17*. 17H 11 U S Steel . i>4‘, 52'. 52’. 54 U S Steei ut.i 95 . 93 93', 94 ‘4 Youngsln SAtT 27 25H 25+ ... Kail*— .. A'chlson 02', 59 J 461 60 4 Atl CSt Line . 45', 44H 44 s . 44 B .it O 30', 29'. 29*. 29’. Can Pac 16', IS 3 . 16 15 Ch A Ohio 47*4 43H 46 47 Chi A* G! W ... s’. 5 5. 5 C M & St P 9' 4 8 . 8 . 9. CM.V St P pld 14 . 13 '4 14 14 •. Cl.i N W . . . .11'. 11'4 11*4 U'j Cln it Is! 7H 6 s . 6*. 6', Mela At Hud ... 75 i4'. <5 i3H Erie 23 22', 22‘, 22', Ort Northern 20'. 25', 25' 4 26 11. Central 42H 38’, 40 41', K C Sou ...... 18', 18', Lou A- Nash ... 54', 51’ 51’. . MKAt T . 12'-, 12 12 12 Mo Pac - 2. §!* Mo Pac pld 9‘j 8H • B’. 9 s . N Y Oent 46', 43', 44', 45', N Y Chi At St L 25 '4 24 24 25 NYC A- St Lpf 29 28 27*. 27*, N Y New Haven ... 26'. N Y Out A West 12', 11*, 12', 11 Norfolk At Wes .104 163’. 163". 163 Nor Pac 27', 27 27'. 26 1 , Penn Klt 36 34', 35'. 35H Reaping -50 46 49 50 Sou Pac . . . 21.’. 27', 27', 28', Sou K It 20 H 27H 28 29H Union Pac . . 124 121 121 122 Wabash 4‘, 4'. 4*. 4'. W Mu:Viand ... 12H 12'. 12'. 12'. Meiers — Auburn 60’. 56 57’, 59', Chrvslrr 41*. 39-*, 40 39’. Oen Mi ora 31’* 30', 30*. 31', Graham Mot ... .. 3; S’. Huds n ■ 12’. UH 12*4 12', Hupp 5 ‘4 5H 5H 5-'. Mack Truck 30', 36’. 36H 36 Nash 23 31*. 22' 22*4 Psiekard s' 5 s'. 5 Ren 4'. 4 4 4 Stude baker 5H s*. s', s*. Y. low Truck . s*. 5H 5H s*. Motor Acre**— B< tldix 17’. 16‘, 17 17‘, 1 :in Alum 44 42*. 42*4 43 Boru Warner 19’* 18*4 19 19', Pr.gcs 11 in 10". 11 Pudd Wheel 3’. 3*. 3’. 3*4 Eaton Mlg 13'. 13*. Her Auto Lite 19'. 18H 18H 18H HouU Hersher 4’, 4', 4*4 4*4 Mullins Mfg . .... 6', ; + Murrav Bodv B*4 B', B’. B', Stew Warner B*4 B', B', Timken Rol .... 30*. 28H 30 29', Mining Alaska Jun .. 28'. 26H 2bH 28 Am Smelt 36*4 34*4 35'. 36 Anacouda 17*4 l<j’ 1; 1 ‘ Cal At Hecla B*. 6*. bH 6', Cerro TV Pasco 35', 32’* 33*. 34', Granbv ■ 11H 11 1 a H'a }!** Ot Nor Ore 12’, W*, IIH Homestake Mm 206 260 260 *6s;* Howe Sound 25 24', 24', 23^, |nt Nickel* 20’, 19'. 19*4 20'. tsl Creek Coal 25*. 23 25'. .. kennec 't Cop 21*. 20*. 20*. *l*. N 32’a 31’, 32 32V Phelps Dnrce . 15 s . 14*. 14*. IS 1 , Pitts Coal 16‘, ... Tobaccos— Am Sum Tob .. 21 19*. 19*. 20*. Am Tobacco A .87V 80 85 85 Am T.- icco B 91 88*. 88*4 89 Gen Cigar . 38*. 38*, Ltcc At Mvers B 94>, 93*, 94 93 L> rnilarci 22'. 21’, 21*. 21', Reynolds Tob B . 49’. 49'. 49*. 49', Equipment*— Allis Chalmers . 19*. 16V, 18'. 19H Am Car A- Fdv 30', 28 29', 30 Am Loco 31*. 30 30* 30*, Am Mach At Fdy 18 17 18 17*, Am Steel Fdv . . 2!' 20'. 21 21 Bald Loco 14'. 13 13', 14 Burroughs 17’. 17 17 17 Case J I 73’, 68*4 70*. 73 Ca-cr Tract 23 21’. 21H 22’. Co’.sat Palm Pect 18*. 17*. 175, 18 C'Pfiolcum 22'. 21', 21*. 21’. E’.'C St or Bat 44', 44 44 43', Po ter Wheeler 17', 17 17 17*. Gen Am Tr.k Car 36*. 35', 35'. 35*. Gen Flee 24’, 23*. 34 24’, Oen R R S:c 40 39*. 39*. 41 I Haro 2 . 60'. 61 61*. By Bus Mach 148*. 146'. 146’, Bit Harvener 37, 35',337,6 7 , 37’, Kelvtnator 11', 10’, 10', 10’, Natl Cash Res 19', 18*, 18’, 18 ! , Pr'C At Gamble 41 39*, 40'• 40*. p-iilman Inc Sl’, 51*. 51*. 51 Simmons Bed 24 23 23 24 tJr.d Elliot 33’, 32', 33', 33 West Air B 29’, 29*. 29’, 29 West lush Elec 44* 41*, 42', 43’, W r’htrston Pmp 2S\ 26 27 27*. Itilrties — Am A- For Pwr 13', 12 12*. 12’. Am Power At Lit 12’. 13 12 12H A T At T 128', 125', 126', 127\ Am Wat WVs 29’, 28H 28', 29*. Brook Bn Gas .. 78 77 Cos: Gas At Elec 20, 19’. 1. 20', Com A: Sou 3*. 3*, 3', 3', Cor.sol Gas 50*, 48*, 48 H 50*. Elec Pwr At Lit 9*. B*. B*. 9*. E P At L n W Int T* T 16** 15 15*. ISS Leu OAt E A 20*. 19*. 19*, 19*. Nat Pwr A- Ut 14*. 14>, 14*. 14H North Amer 24*. 33* 23* 24', Pac GSc E 25', 35 25 25H Pub Sen- N J 42 41 41 41*. So Cal Edison 21 20*, 21 21 Btd Oa* 16*, 15V, 15*. 15H Std Gas pfd 16’, I**. 16*. United Coro 8H B*, PH B*, Un Oas Imp l o *. 19*. 19H lb*, Ut Pwr * Lit A S' 4*. 5 5 Western Union 67', 63 64V, $7 Robber*— Firestone 36', 23*. 24', X*i Goodrich 16 1 ,15 H 15*. 16', Ooodvear 39', 37', 38 39 C S Rubber 19V. 18'. 18', 19*. C S Rubb*r nfd 31’, 30 30 31S Ke! 9t:rlne . 4H 4 4 4H Amßierne*!* Loews Ine 91S 29t 31 29', Radio Corp .... 9 B‘, B>, RKO 3S S', SV 3H Warner Broa ... IS 7*. *H 8H Foods— Am Sugar 60H 60H 1H Armour A >n m 6 5H * 5H
Beatrice Cream.. 18% 18 18 18 Borden Prod ...310 30 300 31 Cal Packing ... 28 27 Canada Drv GA32 0 30 31 310 Coco Cola 96 96 Cont Bak A 140 130 130 130 Corn Prod 88 0 86 86 86 0 Crm of Wheat .. 310 300 300 310 Oen Foods 36% 350 36 0 360 Gold Dust 220 210 210 22% G W Sugar 34', 32 0 320 330 Int Salt . 24% Natl Biscuit 56 54 0 55'* 56 Natl D Prod 210 200 20% 21 Pet Milk IS 140 15 140 Purity Bak * 19 S Porto Rico Sug 390 38 0 38 0 380 Std Brands 280 27 270 280 United Fruit 590 580 580 59 Wriglrv e 9 49 Retail Stores— Ass Drv Goods.. 160 150 150 150 Best & Cos 30 29 29 29 0 Olmbel Bros ... 50 5 5 Gr Un Tea 7 60 60 60 Hahn Dept Sts.. 70 70 70 70 Jewel Tea ... 39 38% Kresge S 3 .. 120 12 120 120 Kroger Groc . 280 27 0 27 0 270 Macv R H 55 0 55 55 0 54 0 Mav Dept St 29 27 0 28 0 ... Mont Ward 260 240 250 28 Penny J C ... 45 440 45 440 Safeway St 52 0 52 52 0 52 0 Sears Roebuck.. 410 39 l , 39 0 400 Woofworth 410 400 40 0 42 Aviation— Aviation Corp .. 110 110 110 n% Douglass Air .. 140 14 14 I*o Curtiss Wright 30 30 30 30 Curtiss Wr A 70 60 60 60 Nor Am Av 60 60 60 60 United Aircraft. 37 34 s , 35 0 36 0 Chemicals— Air Reduction . 101 98 0 100 1000 Allied Chem .133 1290 130 1310 Am Com Alcohol 66 60', 62', 64 5 , Col Carbon .81 60 61 60 0 Com Solvents . 390 36 5 , 370 38% Dupont 770 740 740 77 Freeport Tex 390 380 380 390 Liquid Carb ... 340 33 33 330 Math Alkali 35 0 340 34 % 35 Tex Gulf Suiph. 300 290 30', 27 5 , Union Carbide. 460 45 48 s , 460 U S Ir.d Alcohol 74 0 70 71 s , 74 Nat Distil 960 900 92 5 , SSO Dru*s— Cotv Inc 50 50 5% 50' Drug Inc . 47 0 45 0 4 0 47 Lambert 32 300 310 310 Lehn St Fink . ~ 200 20’Zonite Prod .... 6 *s’, s’, 54, Financial— Adams Exp .... 10% 90 90 10 Allegheny Corp 6', 5% ss,5 s , 6 Chesa Corp 50 480 480 50 Transamerica ... 70 7 70 70 Tr Conti Corp . 60 60 60 60 Building— Am Radiator .. 16 150 150 150 Gen Asphalt . 200 18 200 200 Int Cement 33 s , 31 s , 32 0 33 Johns Manville 51 47 0 49 0 500 Llbbv Owens Gls 290 270 280 290 Otis Elev 18% 170 170 18 Ulen Const 30 30 Miser llaneous— Am Bank Note 20 s , 200 Am Can 89 860 87 0 88 Anchor Cap 280 260 27 27 Brklvn Man Tr . 33 310 32 330 Cont! Can 62 0 61 s , 61% 62 s , Eastman Kodak 80 0 80 80 0 78 0 Owens Bottle . 790 76 76 780 Gillette 140 130 130 14% Gitdden .. 17 s , 17 170 17 Gotham Silk . 12 110 110 110 Indus Ravon . 700 67 68'j 70 Inter Rapid Tr . 7 s , 70 70 7 s , Rea! Silk Hose 13', 13 13 13
Bank Clearings
INDIANAPOLIS STATEMENT —Aug. 18— Clearings ... $1,319 000.00 Debits 4.410.000.00 TREASURY STATEMENT —Aug 18— Net balance for Aug 16 $1,248,211,069.83 Int. Rev Rects. for day 2.175.713 68 Customs rects mo. to date 16.764.451.84 New York Bank Stocks By Abbott. Hoppin s Cos.) —Aug. 18— Bid Ask. Bankers 62 620 Brooklyn Trust 114 119 Centra. Hanover 141 143 Chase National 28 280 Chemical 39 s , 39 s , National Cltv 31 s , 320 Corn Exchange 55 0 56 0 150 150 Empire 20 200 First National 1.410 1.450 Guaranty 325 327 Irving 19 s , 19, Manhatter. & Cos 29 5 , 30 0 Manufacturers 170 18 New York Trust 98 s , 100 s , Public 35 35 5 , New York Curb Bv Abbott. Hoppln Si Cos. —Aug 16Close Close Alum Cos of Am 74 Lake Sh Mines. 42 An. Brv 2 s , Lone Star Gas 9'*, A C P St L. B 30 Mourn Prod 5 Am Cvan. B 12 0 Nat! Bellas Hess 2 s , Am Si For Pwr. 30 s , Niae Hud Pwr 9 0 Am Sup Pwr 3 Pan Am Airwavs 50 Ark Ntl Pwr A I s , Parker Rstprf 610 Ass Gas A I'.-Pen.nroad 40 Atlas Ut Crp 140 Pior. Old Mines 12 Braz Tr A- Lt 130 St Regis Paper 4 s , Can Macaroni 3 Salt Creek Prod 6 Cent Sts El 2 s , Steal Lock 1 Cities Serv *. 3'. Std Oil of Ind 29 0 Cord 120 Std Oil of Kv 160 Fisler Elec .. 24 5 , Stutz . 9 s , Ford of Er.e ss,5 s , United Founders 2 Ford Mot Can 14 United Gas 4 Hud Bav Mm 9 s , United Verde 4 Imperial Oil 130 Woolworth Ltd 19 s , Irving Airchute 6 Wright Harg . 6 s , Inti Petrol 170
Retail Coal Prices
The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. . Indiana No 4 and No. 6. fifth rein •ump $5 25 egg $5. mine run. $4 75 Indiana No s—Lump 15 egg. $4 75. West Virginia—Lump $6 50: egg. $6 25: mine run. $6 *st* r *i Kentucky—Lump. $6,50: egg $6 25 mine run. $6 Pocahontas—Shoveled lump. $7 75: egg *8 mine run. *6 75. New River Smokeless—Shoveled lump $7 75 eeg $8 Semt-Smckfleas--Egg or lump *7 25 Coke—Egg or nut $8 pea atzes. *6 75 Anthracite—All size* *l4 Wheeitnc-in chare? ;s 50 cents per ton Carried in. $1 per ton Celanese corporation reports lt has recalled 4,500 employes and increased annual pay roll by $4.000.000 under NRA code. Philco Radio ar.d Television I Corporation reports it has recalled 1 2,400 employes since July 1.
STOCKS SLUMP ON DECLINE IN GRAINMARKET Dealings Light for the Day: Dollar’s Value Continues Down.
Average Stock Prices
Average- of thirty industrials for Tuesday high 97 40 low 94 63. last 96 53. off 94. average of twenty rails 48 96. 47.94. 48 'B. off 69: average of twenty utilities 31 07 30 25. 30 78 off .56: average of forty bonds 87.98. off .17. BY ELMER C. WALZER United Press Financial F.ditor NEW YORK. Aug. 19.—Unexpected liquidation in grains in late trading Friday brought a sharp decline in all save com and exerted a retarding influence on the stock market, where prices slipped off in dull turnover. In the early part of the Stock Exchange session prices were Arm and trading fairly active. For a brief period in the morning tickers were unable to keep pace with the volume. Then the market levelled off and prices moved in a narrow range until late afternoon, when the list j felt effects of the grain break. Wheat at Chicago broke the limit J of fluctuation on the downside, 5 cents a bushel. Cotton lost ground late in the day and other commodities wavered. Dollar Continues Weak Meanwhile the dollar was weak in terms of foreign exchange, although the rate of decline was slower than Thursday. Late in the session it showed signs of steadying. News for the grain markets was bullish and traders took advantage of it to unload acounts that had been impaired by the recent wide break in wheat. The liquidation proved more than the market could stand and prices broke sharply. Early in the session all grains had been higher on further reports of deterioration in the Canadian northwest and bullish reports from Europe. At the height of the decline in stocks. Steel common touched 524, off 1%, and declines of 2 to more than 3 points were made by National Distilleries, American Commercial Alcohol, Johns Manville, Auburn Automobile, and Wesiingnouse Electric. Rail Group Sags Rails sagged with the general list although declines were held to around a point limit. General Motors lost nearly a point in the motors; American Telephone was down nearly 2 in the communications; Bethlehem Steel followed U. S. Steel down. Coppers and oils were depressed after early steadiness. There was no increase in volume late in the day in contrast with Thursday when the last hour provided transactions at the rate of 4.500.000 shares for a full session. Dealings were heavier in the morning but for the day they were under the previous session. Other Livestock BV UNITED PRESS CHICAGO. Auk. 18. Hogs Receipts. 19.000. including 10.000 direct; generally iullv steady with Thursday: spots strong; 170-220 lb. $4.40 a 4.50. top. $4.55. 230-290 lb . $3.75® 4.45: light lights. s4® 4.50: nigs. $3'>i3,75: packing sows. *2.90® 3.35: lignt lights. 140-160 lb., good and choice. 53.90® 4.50: light weight 160-200 lb., good and choice. $4 25 > 4 55; medium weights. 200250 lb., good and choice. $4.20® 4.55; heavy weights. 250-350 lb., good and choice. $3.40 4.25; packing sows. 275-550 lb., medium and choice. $2.65 ® 3.40: slaughter pigs. 100130 lb., good and choice. S3® 390 Cattle— Receipts. 1.000: calves. 600: fully steady market on all killing classes; comparatively little beef In run; no. strictly choice steers here, best $6.50; most steers $5.50® 6: best yearling heifers. $5 85: general trade on heifers and mixed yearlings and she stock being more active than earlier m week. Slaughter cattle and vealers— Steers. 550-900 lb., good and choice. $5 506. 7 25; 900-1100 lb., good and choice. $5 500 7.40: 1100-1300 lb. good and choice. $5.75®.".50: 1300-1500 lb., good and choice. $5.75*i7.50 : 550-1300 lb., common and medium S3 00 ® 5.75; heffers. 550-750 lbgood xnd choice. ss*l 6 35; common and medium. $3.50 15: cows. good. 52.506i4.75: common and medium. $3 35®3.50: low cutter and cutter. S6 25®'6.35; bulls i yearlings excluded! good 'beef). $315®4; cutter, common ar.d medium. $2.25p3.35: vealers. good and choice. $6.25 5 7.50; medium. $5 57m 6.25; cull and common. $4-5 5.50: stocker and feeder cattle—Steers. 5001050 lb. good and choice. $4.505 5.50; common and medium. $2.75->i4 50 Sheep— Receipts 5.000: steady; good to choice native lambs. $7.50-1 7.75: earlv bulk to packers at inside: little done on range lambs: yearlings absent: she slow but about steady. Slaughter sheep and lambs—Soring lambs good and chotc* ’ambs 90 lb., down good and choice. $6 7557 75: common and medium $3 755 7.00: ewes. 90-150 lb., good and choice. $1.505 3: all weights, common and medium. sls 2 EAST ST LOUTS. HI Aug 18—Hogs— Receipts 7.500 Including 300 direct; market: mostly 10c higher, pigs opened steady to strong; malorlty held higher: top $4 55 bulk 170-220 lbs. $4 405 4.50; 230-250 lbs., $4 105 4,25; no heavies sold: 140-160 lbs.. 83.75® 4.40: 100-130 lbs. $2 60 ■3 50 sows $2,859 3.10 Cattle—Receipts. 800. calves. 600; market, packers bidding lower on a few steers, heifers scarce and on a clean-up basis: cows and bulls steady: vealers 25c higher with V>P kinds. $6.75: beef cows. $2.5053 25: loc cutters. *1356175: bulls $3 505 2 85; slaughter steers. 550-1.100 lbs., good and choice $5.59 3 6 75; common and medium $35 5 50. 1.100-1 500 lbs. choice $6.25'<76 75; good *5.50 >6 25: medium. *3 755 5 50 Sheep—Receipts 1.000; market, opened steady: desirable lambs to packers. *7-i 7 25; top to small killers. *7 50; lambs one dollar levs; thro wonts. $3 50; fat ewes. Si 5 2 75: lambs. 90 lbs. down: good and choice $6 5057.75; common ana medium *3 50 5 6 50: ewes. 90-150 lbs .. good and oh-Mce, $1.50)2 75; all weights common and medium $1 i 2 TOLEDO Aug. 18—Hogs— Receipts. 150; market 10c lower: heavy Yorkers $4 50: mixed and bulk of sales *4.50; pigs and ights *2 7553 50; medium and heavies. $3 50(4 50: roughs. $25 2.50. Cattle—Receipts light: market, strong. Calves —Receipts light, market, strong Sheep and lambs receipts light: market steady. CINCINNATI. Aug. 18 —Hogs—Receipts 4 100; 252 direct and through 590 held over: mostly steady on 240 lbs down: j weightier butchers steady to 10c or more 1 lower top and bulk good and choice. 180240 lbs $4 70 240-250 lbs $4.506 4.60; most 250-300 lbs $404.50: few weightier butchers from $4 downward: 160-180 lbs $4 105 4 40: 150-160 lbs $3 756 4; 130-150 lbs $363 75: good packing sows $2.758 3 Cattle—Receipts 700 calves. 500: slowmost classes falrlv steady: begging for bids proposition on plainer kinds burdensome numbers of heavy calves: weak to lower, medium to good steers and heifers large!" $4 23 6 5.50: odd lots to $6; common down I to $3 50 and below, beef cows. $2 50 7 3 50 Mow eutr*rs and cutters. Si 25 :2 30sausage bulls $2 25 73 35 good to choir-* vealers *66 7 plainer offerings mainly $3 50 55 50 Sheep--Receipts 2 000: hardly enough bet'er kinds of lambs to make market few mainly *7 50 68: odd lots to $8 25 and one lot $8 35 medium kinds ouotable largely at $368: some mixed at $6.508 7 50: common $465; culls on down to $3 and below; fat aged slaughter ewes. $1 61 50 FT WAVNE Ind . Aug 18 —Hog.*— Steady 10c uo 200-225 lbs 14 45: 225-250 lbs $4 35 250-300 lbs $4 10; 300-350 lbs. *3 85 160-200 lbs $4 40: 150-160 lbs . *4 140-150 lbs $3 75: 130-140 lbs . IS 50; 100130 lbs $3 roughs *3 2S: stags *2 calves. $7: lambs. 17 25 Cattle, steady unchanged It v Times Special LOUISVILLE. Aug 18—Cattle—Receipts 150 drnggy cleanup trade on slaughter Classes steady to weak most grass steers and heifers salable $36 450 best fed kinds eligible around 16 bulk all cows *1258 250 few *2 75 bulla mostly S3 down, bulk native Stockers. $4 down good he-eford stock calves to $5 or better Calves— Receipts. 450. including 125 stock cilves vealers fully steady; bulk better orades. 95 & 8 medium and lover grades *4 50 down, heavy grass calves discounted Hogs—Receipts. 1 100 5c higher 185-250 lbs. $4 45; 250 lbs up. *3 90, 140-185 lbs . 83 60; 140 lbs down. SIVO; sows. $2 60 s*ags *1 55 Sheep—Receipts, 1 000. lambs, steady, bulk better grades $7 8 7.25: few "hoice to $7 50 and above, bueka. $606.50 immature light lamb*. $3 64. f*i ewes. $1 !: best stock ewes $687.M: plainer kind*. $4 5005.50. Receipts. Thursday Cattle. 308; calves. 430: hogs. 895 and sheep. 2.294. Bhiojnent* Tharaday: Cuttle. 97: calve*. 106; hogs. 52*. and sheep, 1.6 G&.
THE INDIANAPOLIS TIMES
INDIANA STOCKS AND BONDS
The following Quotations do not represent actual bids or offerings, but nkre.a indicate the approximate rr.arxet level based or. buying and selling mouiyes or recent transactions —Aug. 18— Bid. Ask. Belt Rat! & Stock Yards, com. 27Vi 32‘a Cent Ind Pwr pfd 7*, 9 12 Citizens Gas Cos pfd 5*9 63 67 Citizens Gas com 1} 1J Home T & T Ft Wayne pfd 7<~ e 36 40 Ind dc Mich Elec Cos pfd 774.. 68 79 Ind Oen Service Cos pfd 6... 65 69 led Hydro Elec Cos 764 25 29 Indpls Gas Cos com 40 44 Indpls Pw- & Lt pfd 61 65 Indpls Pwr St Lt pfd 6*i t .. 65 69 No Ind Pub Serv Cos pfd 6-7-.. 33 37 No Ind Pub Serv Cos ptd 5*3 <7 32 36 No Ind Pub Serv Cos pfd 7U... 36 40 Indpls Water Cos pfd s',i 89 93 Ind Pub Serv Cos B*7 35Vi 39 V* Public Serv Cos of tr.d pfd 67 14 17 Public Serv Cos of Ind pfd 7 9V. 34 38 South Ind Gas Se K 1 pfd 6, .. 58 62 Terre Haute Elec pfd 6%.... 34 38 BONDS Belt R R tc Stkyd.-. 5s 1939.. 88 92 Citizens Gas Cos 5s 1942 86 90 Home T & W 50s 1955 97 100 Home T4cT W6s 1943 98 102 Indpls Gas Cos 5s 1952 71 74 Indpls Rys Inc 1967 29 32 Indpls Water Cos 40s 1940.... 98* 1000 Indpls Water Cos 5s 1960 93. 97 Ir.dpls Water Cos 5s 1970 92Va 960 Indpls Water Cos 50s 1953 100 103 Indpls Water Cos s‘a* 1954 100 103 Kokomo Wat Works 5s 1958 79 83 Lafavette Tel Cos as 1957 83 87 Muncie Water Works 5s 1939.. 92 0 96Vi Richmond Water Works. 1957.. 840 88 Terre Haute Wat Wk 5s 1956 84 88 Terre Haute Wat Wk 5s 1949. 930 97Vi Traction Terminal Cos 5s 1957 45 49 Liberty Bonds Hu United Pr> ss NSW YORK. Aug. 18 —Closing Liberty bonds i Decimals Represent 32nds.l. Liberty 30s *32-47. 102 17 Liberty Firsts 4 ; 3 (32-471 102.2 Liberty Fourth 40s '33-38' 102.22 Treasury 4'*s (47-52) }lO 30 Treasury 4s (44-45) 106.17 Treasury 3 J ,s 104.30 Treasury 3 a ,s (43-47) 102.6 Treasury 3 s s ) 41-43) March 101.28 Treasury 3 s ,s t4O-43' June 101.27 Treasury 3Vs 446-491 100 Treasury 3s (41-55) ,2515 Treasury 30 s (41) 100 29
Investment Trust Shares
Bv Abbott. Hoppln Si Cos. —Auc. 18— Bid Ask American Bank Stocks Coro ... 1.15 1.25 American 4c General Sec 'A .. 6.00 i.OO Basic Industry Shares 3.40 348 British Type Inv Tr 5h....... 70 .it. Collateral Trustee Shares A . 4.75 5.00 Corporate Trust Shares ioldi.. 2.41 2.46 Corporate Trust Shares (newi.. 227 2.32 Cumulative Trust Shares...... 4.18 4-6 Diversified Trust Shares 'A; - . 625 ... Diversilled Trust Shares "B .. 800 825 Diversified Trust Shares C . 3.22 3.28 Diversified Trust Chares "D .. 5.19 5.29 First Insurance Stock Corn.... 1.75 I.Ba Fixed Trust Oil Shares A” .. 8.90 Fixed Trust OH Shares "E .. 430 Fundamental Trust Shares A 4.12 ... Mass lines Trust Shares 18 87 19 12 Nation Wide Securities ....... 3.55 3.6a .for Amcr Trust Shares <1953). 1.90 ... Nor An-.er Trust Shares '55-56i 2al 2.56 Sleeted American Shares 3.18 3.26 Selected Cumulative Shares ... 5.00 5.25 Selected Income Shares.... 4.2d 4.id
Foreign Exchange
(By Abbott. Hoppin & Cos.) —Aug. 18— Close. Sterling. England * 4 'lUaii Franc. France - £> 3 ;*' 4 Lira. Italy ?‘fit Belßas. Belgium Mark, Germany 32)5 Guilder. Holland Pe cts Spam liit Kicne. Norway Krone. Denmark J o * o
Daily Price Index
Bu United Press NEW YORK. Aug 18—Dun St Bradstreet's daily weighted index of 30 basic commodities compiled for the United Press: (1930-1932 average. 100i Tndav 100.41 Thursday' IgoWeek ago Month ago • f} Year ago - 87.11 1933 High i July 18) 113.52 1933 Low (Jan 20' 67.86 I copyright. 1933. by Dun Ac Bradstreet. Inc.)
Produce Markets
Delivered In Indianapolis prices! Hens. heavy breeds over 4 0 Its 10c: Leghorns. 7c. Broilers: Colored sonnserr. 10 lbs. up. lie; springers (Leghorn). 10 lbs. up. 9c; bareback*. 6c: cocks and stags. 6c; Leghorn cocks and Leghorn stags. sc. Ducks, large white, fuii leatnerea and fat. over 4 lbs. 4c; small and colored. Sc. Geese, full feathered and fat. 3c. Young guineas. 20c: old guineas. 15c. Eggs—No 1 fresh country run eggs. 10c. Each full egg case must weigh 55 lbs. gross: a deduction of 10c per lb lor each lb. under 55 lbs gross will be made. Butter—No. 1. 24®25c: No. 2. 23c. Butterfat—l6c. Quoted by the Wadley Company. Bv United Press CHICAGO. Aug. 18 Eggs Market firmer, prices 0c higher: receipts. 8.497 cases: Extra firsts. 13®13 5 ,c: firsts. 120®. 130 c: current receipts. 11® 12c: duties. 10c. Butter—Market firmer, prices 10 to 2c higher Receipts. 16.488 tubs; specials. 200®21c: extras. 20c: extra firsts. 19®, 190 c: firsts. 18® 180 c: seconds 175170 C; staiylards. 200 c. Poultry—Market easy; receipts. 33 trucks: fowls. 10® 110 c; leghorn broilers. 10c; ieghorns. 8c: ducks. 7>i9c: Geese. 8® 90c: turkevs. 10® 11c: roosters. 7c; broilers. 11® 130 c. Cheese—Twins. ll s ,®l2c; longhorns. 120® 120 c. Potatoes—On track. 129; arrivals. 49; shipments. 503: market about steady to weaker; New Jersey sacked cobblers. $2.65® 2.75; Nebraska sacked cobblers. *2.55'd2.60; Idaho sacked triumphs. $2.50® 2 55 russets $2.70®2 75: Washington sacked russets. $2.70® 2.75: California sacked Buranks. *2.75: Long Lsland sacked cobblers. $2 80®2 i.
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HOGS ADVANCE 10 TO 40 CENTS IN FIRMDEALS Steer Trade Negligible in Cartle Market: She Stock Steady. Hogs showed a decidedly strong tone Friday morning at the Union Stockyards, prices holding steady to a dime up in some instances and 25 to 40 cents up on underweights The bulk, 160 to 250 pounds, sold for $4.40 to $4.55, divided at $4.5° to $4.55 for 160 to 225 pounds and $4.25 to $4 40 for 225 to 250-pound-ers. Weights of 250 to 300 pouucis brought $4 to $4.15; 300 pounds up. $3.60 to $3 85; 140 to 160 pounds. $4 to 54.25; 100 to 140 pounds. S3 to $3.75. Packing sows brought $3 to $3.40. Receipts were estimated at 5,500. Holdovers were 1.031. Trade in steers was negligible in the cattle market. She stock held steady with quality plain. Some heifers sold for $4 to $4.50; beef j cows, $2.50 to $3.50. Low cutters j and cutters made the market at 51.25 to $2 25. Receipts were 300. Vealers were 50 cents to $1 higher with a top of $8 The bulk sold for $7.50 down. Calf receipts were ; 500. Lambs were around 25 cents higher, ewe and wethers selling for 57.50 to SB. Bucks brought a dollar less. Culls and throwouts sild for $3.50 to $6. Receipts were 1.500. Initial asking on hogs at Chicago was unevenly higher, with few bids holding around steady' at Thursday's average. Only slight action ! was. evident early in the session. Some classes were bid in at $4.50. Receipts were estimated at 19,000, including 10.000 direct; holdovers, 4,000. Cattle receipts numbered 1000: calves. 600; market strong. Sheep receipts. 5,000; market around 25 cents higher. HOGS Aug. Bulk. Tod. Receipts. i }£' *? IP® '*- 75 *4.75 7,500 12. 4.60® 4.65 4.65 2 500 }{• 4.60® 4 65 4 70 5 000 15. 4.55'(f 4.60 4.65 7 S'JO l 4.50® 4.55 4.60 6 000 I 17. 4.400 4.45 4.50 8 000 18. 4.40 j 4.55 4 55 5.50.) Market, higher. (140-160) Good and choice S 4.00® 4.25 —Light Weights—-*l6o-180) Good ar.d choice... 450 (180-200) Good and choice. .. 4.50 —Medium Weights — (200-220) Good and choice.... 4.55 (220-2501 Good and choice , . 4.25® 4.55 .... „„ _ —Heavy Weights—--000(1 and choice. .. 4.00 t 415 (290-350) Good and choice... 3.70® 400 . —Packing Sows—(3so down) Good .. 3.15® 340 (350 up 1 Good 3.000 3.25 (AL weights) medium 2 75(<t 3 15 ... Slaughter Pigs—-(loo-130) Good and choice... 3.000 350 CATTLE Receipts, 300; market, steady. (1.050-1,1001-Good and choice $ 5.50® 725 Common and medium 3.500 550 ' (1.100-1.500) 4 Good and choice 5 50® 725 Common and medium 4 000 5 50 .... ..... —Heifers—-(sso-750) Good and choice 5.000 6 25 Common and medium 3.25® 500 (750-9001 Good and choice 4.50® 6 00 Common and medium 3.000 4 50 _ . —Cows— Oootl ; • •• • 3 00® 3.75 Common and medium 2.250 3 00 Low cutter and medium 1.25® 2 25 —Bulls (yearlings excluded Good (beefi 3.00® 350 Cutter, common and medium.. 2.000 3.00 VEALERS / Receipt*. 500: market, steady. Good and choice $ 7.00® 800 Medium 5.00® 7.00 Cull and common 3.50® 5.00 —Calves—-(2so-500) Good and choice 4.00® 5 50 Common and medium ..... 2 00® 400 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.50® 5.75 Common and medium 3.00® 4.50 (800-1.5001-Good and choice 4.50® 5.75 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts. 1.500 market, steady. —Lambs. Shorn Basis—(9o lbs. dowr.i Good & choice $7.00® 8.00 (90 lbs. down) com and med. 3.00® 700 —Ewes— Good and choice 1.50® 2.75 Common and medium 50® 1.50 Marriage Licenses Chester Amos fnlow. 21. 1043 South Pershing avenue, baker, and Mary Ruby ; House. 18. 2331 Barrett avenue, housework. George Ernest Wood. 26. 921 Church street, polisher and Hazel House. 17 2527 Wood street housework Howard William Dav. 35. 1334 Roache street, machinist, and Ella Woempner 27. 1334 Roache street, housework. Forest Glenn Cullings. 28. 2625 North Gale street. Inspector, and Helen Louise Walker. 20. 1650 North Temple avenue, housework. Wilford M. Mahonev. 32. 305 Prospect street, press association, and Bessie Burkhart. 33. 723 Woodlawn avenue, telephone operator
Radio Dial Twisters
WFBM (1230) Indianapolis (Indianapolis Power and light Company) SATURDAY P M. 5 30—Elder Michaux and congregation ■ CBS 6 15— Rhvthrr. rascal*. 6 30—Philadelphia orchestra summer concert CBS 7 15—Ann Leaf at the organ 'CBS). 7:4s—Gertrude Nieser. 'CBS'. 8 00—Musical festival CBS*. 8 30—Singing strings from Montreal 'CBS 1 9:oo—Jerrv Freeman orchestra 'CBS). 9 30—Charli. Davis orchestra iCBS>. 10:00—Bareev Rape orchestra CBS). 10 30—Oo; Arr.heim orchestra iCBS 1 . 11 00—Sign off WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) SATURDAY P M 5 OO—Jerrv and Hawley. 5 15—Ethel Dunn 5 30—Ambassadors 5 50—Radio Reporter. 6 00—Knothole Gang. 6.15 —Dinner Dances. 6 45—Sportslight. 7 SS—Devore Sisters. 7 15- Mirth Parade 7 30—Melodv Moments , 7 45 —Evening Moods. 8 (X)—L'-Bthr Stocking Tale*. 8 15—Bill Warren 8 30—Trio. 8 45—Charles Ftedenck Lindsley. 9:oo—Marvel Meyers. 9:ls—Ambassadors o 3f)_Short. Short Stones. 9:4s—Masters Music Room 10 00—Gordon Carper's orchestra. 10 3(V—WKBF barn dance. 11 30—Sign off WLW (700) Cincinnati SATURDAY P M. 4 00—Viennese ensemble iNBC>. 4:3o—Joe Emerson, baritone 4 45—Walkathon orchestra. 5 00—S: Regis hotel orchestra NBC*. 5 30-Bob Newhall. 5 45—Gene Burchell's dance orchestra NBC 1. 6 15—Tonv Cnbooch 6 30—Musical Vagaries. 6 45—Castle Farm dance orchestra. 7 00—R. F. D. hour. 7 3D—Croslev Follies. 8 00—Saturday night dancing party.
Chicago Stocks By Abbott. Hoppln & Cos.
TOTAL SALES. .AO.mMt SHARES —Aug 18High. Low. Close. Abbot Lab 38 Acme Steel Cos 34 Allied Products 10 Asbestos Mfg 4'i 4'i 4* Bast la n Blessing B*4 8 8 Bendix Aviation .... 17’a 17 17 Berg Warner E L Bruce Cos ... 21V* 20 20 Butler Bros 5 4 7 5 Castle AM 13 Cent 111 Securities com 3 4 Cent 111 Securities pfd. 7 60 6L Cent Pub Util 0 Cent Pub Util V T C >4 Cent & So West ... 2 3 4 Cent & So West P L pf 19 18 18 Chi At North Western . II 1 . 110 110 Chicago Corp com .... 30 30 30 Chicago Corp pld ... .26 250 250 Cities Service 30 33 Crane Cos 80 Crane Cos pfd 45 Dexter Cos ... 60 Electric Household 100 90 10 Great Lakes Aircraft . 0 \ 0 Greyhound Corp \ 0 0 Grigsbv-Grunow 20 20 20 Genera! Household Util 160 150 150 Hall Printing 60 60 6' Hormel A: Cos 20 1 1 Iron Fireman 6'j 6 1 * 60 Libby-McNeil 50 5 5 Lincoln Printing 10 London Packing .. ... 11'* Lynch Corp 37 0 35 37 Marshall Field ... ... 140 130 14 McGraw Electric ... 4 Potter Cos 20 20 20 Prima Cos 26 24 240 Railroad Shares ... 1 Rath Packing 210 Reliance Mfc Cos ...... .. ... 14 Seaboard Utilities sh... 0 0 0 Sears Roebuck ... 41 400 40*4 Swift St Cos 190 180 180 Swift International ... 24 0 23 0 23 0 Utah Radio ... 10 10 10 Utility & Ind .10 10 10 Utility At Ind pfd . 4040 40 Vortex Cup Cos .. 70 Wahl 10 Walgreen Cos com 17 Ward Montgomery A ... 78 Wieboldt Stores 100 Zenith Radio 20 Chicago Futures Range —Aug. 18 — WHEAT— Prev. Open High. Low Close, close. Sept . .90 0- ,91 .84 0 84 0 . 890 Dec.. .93 0 . 94 0 .88 . 88 .92 0 May.. 97 890 .910 910 .960 CORN— * Sept.. 32 . 52 0 46 0 49'4 .49% Dec.. .57 .570 .510 540 .540 May.. 630 630 .570 .590 .600 OATS— Sept . .38 39 .34 35 .360 Dec 57 570 .510 .540 .540 May 330 630 .570 590 .600 OATS— Sept.. .38 39 .34 .35 .360 Dec 41 410 .37 0 33 .40 0 Mav 440 .440 .410 .410 .440 RYE— Sep- .690 .690 .620 .63 .670 Dec. 750 750 .680 70 .730 May.. 81 81 0 74 0 .75 .79 0 BARLEY— Sept.. .54 54 .48 .48 .510 Dec.. .59 .59 53 53 .560 Mav. 60 0 60 0 60 . 59 .61 0 LARD— Sept . 5.85 5.85 5.25 5.25 5.57 Oct.. 600 600 5.45 545 575 Nov ✓ 5 60 5.85 Dec.. 630 6.35 5.75 5.75 6.05 Jan 7.10 7 10 6 55 6.55 6.62 BELLIES— Sept— 6.15 6 15 6 10 6.10 605 Oct . 640 642 625 6.27 630 Chicago Primary Receipts —Aug. 18— Last Wheat 962.000 862.000 Corn 304.000 341.000 Oats 567.000 1.124.000 Births Girl* John and Alberta Coziil. 64 LeGrar.d James and Ida Grubb 1139 Holliday Emerson and Beatrice Wiseheart 2928 Dearorn Stanley and Marie Soeicher St. Vincent's Hospital. Donald and Lenora Brown Coleman Hospital. Lawrence and Esther Cook. Coleman Hospital. Graham and Thelma Emlv. Colfeman Hospital Earl and Ruth Oentrv. Coleman Hospital. John and Katherine Jameson Coleman Hospital. Edward and Beulah Morris. Coleman Hospital. Henrv and Edna Morns. Coleman Hospital. Lawrence and Margaret Ross. Coleman ! Hospital. Fr<-4 and Irene Schwomever Coleman | Hospital. NEW YORK RAW SUGAR FUTURES —Aug 18High Low Close January 1.47 1 44 1.471 Warch 1.54 1 50 1.54 (lav 1.59 1.55 1.59 July 1 65 1 61 1.65 September 1 37 1 34 1.37 ■ December ... 1.45 1.41 1.4
We Take Pleasure in Announcing the establishment of a New Insurance Department and the acquisition of the General Insurance Business formerly conducted by Aetna Trust & Savings Company We are now giving complete insurance service at our office—--420 Circle Tower City Securities Corporation LI ncoln 5535 August 18. 15)33.
9 00—Castle Farm dance orchestra 9 15—German band 9 30—Hotel BiUmore orchestra (NBC). 10 OO—Rhythm Club 10 30 —Coney Island dance o.chestra 11 00— Rainbow Garden< orchestra NBC 11 30—Lotu* Garden* orchestra (NBC' 12 00 Midnight—Castle Farm orchestra. 12 30—Wslkathon orchestra. 1 00—Club Croslev. 2:oo—Sign off.
In the Cotton Markets
—Aug 18— CHICAGO High. Low Close January 990 9.42 9 64 March 10 05 9 68 9 9c May 10.2! 990 iQ CO October 9 62 9 1 5 9 40 December 9 85 9 34 9 60 NEW YORK January 9 85 9 45 9 61 March ... 10 03 958 975 May 10 20 9 75 9 99 July 10 32 990 10 06 October ... #55 910 932 December ... . 9.77 932 940 NEW ORLEANS January 9 78 9 36 9 55 March 9 96 9.72 9 72 May 10 15 9 82 9.90 July 10 04 October 9 51 9 04 9 26 December 9 73 9.25 9,49
Indianapolis Cash Grain
—Aug 18— The bids for car lots of gram at the call of the Indianapolis Board of Trade f ob , shipping point, basts 410 New York rate, were Wheat— tfeuk No. 1 red. 77 u 79c No 2 red. 751.77 c. No 2 hard. 76®780c Corn—Steads No 2 white. 46®47c No ' 3 white 45m 46c No 2 yellow. 45 14 c No 3 vellow 44m 45c No 2 mixed ,® 45c No. 3 mixed. 4iM44r Oats—Easy No. 2 white. 38 -i 29c No 3 white. 27 ,28c Hay—Steady if o. b country points taking 230 c or less rates to Cincinnati I or Louisville) No 1 timothy, s6®6 50 No. 2 timothy. $5 50m 6 .... —lnspections Wheat—Nn 1 red 2 cars: No 2 red 1 car; No 1 mixed, i car Nr 2 mixed.' 1 car Total, a cars Corn—No. 1 white. 1 car; No 2 white 3 cars No. 3 white. 3 cars: Ho 1 vellow 1 car: No 2 yellow. 11 cars No 3 vellow. ! 8 cars; No. 4 yellow 2 cars. No 5 vellow. 5 cars Total, 34 cars Oats—No. 3 white 8 cars; No 4 white. 2 cars; sample white. 2 cars Total. 12 : cars. INDIANAPOLIS WAGON WHEAT City gram elevators are paying 72 cent* for No. 2 soft red wheat, Otner grades on their merits. ST. LOUIS CASH GRAIN Hu l lifted I’rtun ST LOUIS. Aug 18.—Cash grain Wheat in slow demand, tone steady; No 2 red 90c: No. 3 red garlicky. 86c; no other f? I** 1 **- Corn in fair demand. 2c higher No. 1 yellow. 54c: No 2 vellow. 540 c; No' I a yellow. 53 'i 530 c; No 2 white. 56c Oats In slow demand. 0c higher No 2 mIXEd **o°: No. 4 mixed. 34c: No 3 red OiltS. 35C. NEW YORK CASH GRAIN Hu Unit, 1 1 I’rcss NEW YORK. Aug. 18—Cash grain WOeat-eNo. 2 red. 960 c. No. 2 hard winter. $l,OlO Corn -No 2 mixed. 510 e Oats yjj." 3 whlte - 37%c All quotes CIF New CHICAGO CASH GRAIN Htj United f'rcss Aug 18.—Cash gram close— Wheat-No. 2 red. 880 c; No 1 hard. 90c No 3 hard 88c. No. 3 mixed 87c Corn— No 2 mixed 51.(51'*ae: No. 3 mixed. 510 c: No. 6 mixed. 48c No 2 vellow 510n 57 0c No 3 vellow. 51® 510 c: No. 5 vellow. 500 c: No yellow 49 0 a 49*20; No. 2 white 54® 56c: No. 6 white, 48c: sample grade 40® 49c Oats—No 2 white. 360® 370 c; No 3 white. 34® 370 c: No. 4 white 340 c Rve 54.60 5.00 Clover—slo® 12 65 TOLEDO CASH GRAIN Hu United Press TOLEDO Aug 18.—Gram close—Grain In elevators transit billing- -Wheat—No. 2 red. 84® 85c. No 1 red. !®loc premium. Corn—No. 2 vellow 540'(5500 Oats— No 2 white 370®380c Rve—No 2 70® 71c. Track prices. 280 c rate—Wheat—No. 1 red. 80 Ji file; No 2 red. 79® 790 c Corn —No 2 vellow. 50®51c: No 3 vellow 49® 50c. Oats- No. 2 white. 330® 350 c: No. 3 white. 31® 35c. Seed closw—Clover—Cash $7.50: Or* . $7.75: Dec lfl.oo Alsike— Cash, $8.75: Aug.. S9B produce close— Butter—Fancy erramerv. 24c. Eggs —Extras. 14® 140 c. Hav—Timothy, per cwt., 70e. NEW YORK COFFEE FUTURES —Aug. 18— RIO High. LowCloSe January 5 69 March 5 88 5.82 5.82 May 6.00 5.91 5.91 July 6.04 5 98 5 98 September . 558 537 547 December 5 78 5.67 5 67 $ SANTOS January 8 18 March 8 29 8 26 8 26 May 8 40 8.36 8.36 July 8 39 September 7.97 7.91 7 91 December 8.18 8 16 8 16 CHICAGO FRUIT MARKET Rll United Press CHICAGO. Aug. 18.—Apples—Michigan Duchess., s.Bs® 1,15: Illinois and Michigan wealthies. slol® 125 Blueberries—Michigan. $2 75® 3.00 uncultivated $2 254,2 50 Pears—Michigan. $1.25® 1.50 Canteioupes— Indiana flats. 35® 45c Michigan $ 35® 1 25 Carrots—lllinois 100 2c Egg plant—llll- - 50® 75c. Spinach—lllinois and Michigan 35 / 50c. Cucumbers—Michigan 50® 75c: Illinois 25® 50c Beans—lllinois sl2s® 150; Michigan limas. 50®75c. Beet s —lllinois. 10®2c Cabbage—lllinois. sl® 1.25: Wisconsin. $lOl5O. Celery—Mich-, igan. 40®55c flats. 40® 75c; snuare $ 50®. ‘ 1 Pepners—lllinois and Michigan. 50® 75c Corn—lllinois. 35®4c Peaches-Illinois $1.75® 2.50: Indiana. s2® 3 Tomatoes— INinoi* 25® 40c: Michigan 20® 25- 4 baskets 350 50c. Onion market—California ve'lows. Slfll 15: whites. $1.25 Illinois ve’.lows. $754(1: lowa yellows $ 75® 1 Indiana whites Sl lSfil 25: Wisconsin yellows s.9o® 1 We buy and sell Building & Loan Company Shares and Paid-Up Stock. T. P. Burke & Cos. Incorporated* SUITE 217-224 CIRCLE TOWER PHONE Riley 8536
BUY YOUR
SERVICE 30TH & CENTRAL SALES
TA. 5550
PAGE 9
WHEAT BREAKS LIMIT IN LATE SELLING WAVE Profit-Taking Drives All Grains Down Near Close. BY HAROLD E. RAINVTLI.E I nitrd Prm Staff €'orreinrdrnt CHICAGO. Aug 19 —An outbreak of profit-taking selling in the vhcat pit as the session neared the close on the Board of Trade Friday drove that grain steadily downward until the minimum levels were reached. The market gave ground easily, lacking aggressive support, carrying com and oats off with it The coarse grains had preserved a very strong tone throughout the ses- ■ sion, both nearing the maximum limits early and holding gams, arouifrl 2 cents on corn, most of the day. At the close wheat was 4*i certs lower, scorn unchanged to cent lower, oats 1\ to 3 cents lower, rye 3\ to 4 1 * cents lower, and barley ! 2 a * to 30 cents lower. Provisions also reacted heavily. W’heat lacked rhe erratic fluctuations of Thursday during the morning. the east and mills being credited with being on the buying sisie. Action was at a high pitch' for the first hour Winnipeg was only fractionally higher but Lavorpooi closed 2'v to 3 cents higher. Cash prices were unchanged to 1 cent higher. Receipts were thirty cars. Corn was very strong early and failed to be affected by heavy profit-taking. At mid-session prices ruled 20 to 3 cents higher Sentiment surrpunding the market is bullish based upon the poor crop outlook. Sales were 40.000 bushels with 22.000 bushels booked. Cash prices were 3 to 4 cents higher. Receipts were ninety cars. Oats staged another advance and held oto 10 cents of the gain at mid-morning. May was inclined to lag. The situation in this pit is similar to that in corn. Rye was \ to 10 cents higher. Cash oats was 2 to 4 cents higher. Receipts were thirty-seven cars. ANNOUNCEMENTS 1 Death Notices SCHNELL THERESA 44 • lovrd wife Grorce Schneli Mother of Gl ?^ v i. Watson. Lucian Bvnurn Kennf'fi- Berlin and Lowell Thompson. siu>r of Lillie Hascv Martha Harcu and Earl Barlo\ daughter ol John Ham; passed awav Thursday evening Funeral aervl c . f , M, on^, av 3p. m.. at the residence. 817 \V New York st Burial Memorial Park cemetery. Friends mav call at tha | - 2 SEVENS FUNERAL 2 Cards, In Memorianvs TIMMON&—We wish to thank our neighbors friends and relatives for their kindness, messages of love and understanding and beautiful floral offering* in our recent bereavement in death of our sister, MARGARET TIMMONS Wa especially wish to thank Dr Dean. Rev Father O Connell and Father Thompson and J J. Blackwell St Bons. funeral directors. SISTER AND BROTHERS 3 Funeral Directors, Florists VV. T. BLASENGYM Main office. 2226 Shelbv St. i Branch office. 1634 W. Morris finn bros: Funeral Home t*3> N Meridian St. TA-183*. GRINSTEINER’S 522 E. Market HISEY & TITUS 957 N. Delaware LI-3828 J. C. WILSON : 1230 Prospect DR-OTJ I -0333. 4 Lost and Found 1926* PACKARD club sedan; Brewster t£r reen -^,‘is- black lic tnse 257-971; motor No 7242,8; serial No 71800. Dunlop tiro*. Reward Call 72 Greenwood BULLDOO brindle female, Wednesday Armine" Reward. 1154 Spruce DR-7068 BOSTON TERRIER named "Betty " l bfui eyf j_s> r ‘V f .f > from 1327_W 33r,| Reward. 5 Personals I will not be mi for any d,-bt* contracted bv anv one other than myself on or after Aug 14. 1933 ARTHUR Q ROBERTS. NATURE'S MINERAL FOOD CO. ' _ !2) E. OHIO ST. GUARANTEES To eliminate all forms of Rheumatism. Poison. Acids. Stomach and Kidney Diseases RE-MfNERALIZE YOUR SYSTEM. RENT A MAYTAG $1 per week. L. S. AYRES Si CO. TO WHOM IT MAY CONCERN—I will not be responsible for any debts contracted by any one other than mv:elf on and after this date, August 16. 1933. 'Signed' CLAUDE E FILERS Q V;jSf; T ~ PRINTS BeauMful 2010 .V Meridian. Renta: office. TA-2722. NATROL SHAMPOO STUBBORN CASES SCALP AFFECTIONS SLCH/9 DANDRUFF. FALLING HAIR. ECKEMA RINGWORM PSORIASIS QUICKLY RELUaVED. SATISFACTION GUARANTEED SIX MONTHS' SUPPLY OF JRIR FINE SHAMPOO $1 WRITE "NATROL," 716 E. 19TH ST.. INDIANAPOLIS, IND . PHONE HE-3903 THE ABNEY REUNION be held Aug. 27, at Eagles. Ind Dr. Chester Miller DENTIST. 1107 I. Q. Q. F. Bldg RI-7281. 6 Transportation TRAVEL FOR A TRIFLE * Private Sedans—All Points Dally Reference Exchanged ... „ ace TRAVEL EXCHANGE 141 S. Illinois St Phone LI-2686. IP YOU DON'T FIND wnat vou are ,ooklng for In the want ada today, lt may be advertised here tomorrow. Read Ttmes . classified ads daily. BUSINESS SERVICE ‘ 7 Business Services L. S. AYRES & CO. ANY MAKE SEWINO MACHINE Cleaned and Adtusted 3y Our Expert I Second F.oor CHAIRS 7:7u0..- new py *ebottom;).g in cane, hickory or reed. BOARD OF INDUB- - AID FOR BLIND. HA-0583 <tl r„fv 1,000 BUSINESS CARDS LOW 5i.0U flx9 h>nd buu ANDERSON PRESS. CH-0342 FURNACE REPAIRING ” . " Reasonable price*. DR-3410-J. FURNACES REPAIRED Vacuum cleaned. Prompt service Estimate*. JOHN HERMAN CH-1106 GENERAL CARPENTERINO painting papering bottom prices; work guaranteed. GOODWIN BE-0211. ___ 7-* Moving, Transfer, Storage FIREPROOF BTORAO* Store now, pay six months later, free hauling to storage Moving 44 per load and up PARTLOW JENKINS MOTOR CAR CO RI-7750 419 E Market St. GRAVES Sc RODMAN Snappy satisfying services Careful, experienced white men. $2 load up. Covered trucks RI--1288 MOVING —Free estimates Careful handiir.g of furniture.. Try us TA-4500. STORAGE—LocaI, .ong distance hauling, return loads wanted. Part loads service. OTTO J. SUESZ RI-3628. RI-6561 CH--0699-W WILL move vou for your discarded furnlture White Service. DR-4962 ___ MOVING $1 UP—Local overland eauip. covrd. truck*: white men. Pete *. CH-2,8. 7-b Paperhanging and Painting PAPER FURNISHED; hung.. $2.50 room up: cleaning, painting, plastering El-4290. PAPER HANOiNO. iI.SO any room. Specializing m stipUng and glazing. DR--3578-W.