Indianapolis Times, Volume 45, Number 89, Indianapolis, Marion County, 23 August 1933 — Page 11

AUG. 23, 1933

Inflation Rumors Still Crop Up: Currency Expansion Seen in Some Quarters as Necessity. Rt RALPH HFN'DFRSHOT Timn Special financial Writer

The inflation Issue sill not down It still is perhaps the most powerful influence on security and commodity prices Many of the best authorities in Wall Street ate convinced that additional inflation will materialise over the next few months irrespective of the success of the NRA. and they are counting upon such a development to raise the market values of equities President Roosevelt has promised to restore the purchasing power of the dollar to a basis approaching normalcy. A coasiderable distance must still be covered before such a level has been reached. Additional inflation, it is contended in many quarters, will be necessary to fulfill that promise, and the President has the power to bring it about. Two out-and-out inflationists from Wall Street—Robert Harris* and George Lc Blanc had an audience with Mr. Roosevelt and the street

placed no little importance on their visit. Mr. Harriss is known to favor the recall of a large portion of our government bonds and the issuance of currency in their stead and Mr. Le Blanc believes in a drastic revaluation of the dollar in terms of gold. While Mr. Roosevelt may not see eye to eye with these two men. the fact that they were invited to the White House in these busy days would seem to indicate that inflation is not a dead issue. a a a Sees Help from Economic Tide Commenting on the NRA program recently, the Cleveland Trust Company stated that the most powerful element working for its success is the fact it is running with the economic tide, for in most of the countries of the world employment is increasing, production Is moving up and the general levels of prices are advancing. We hear a great deal in economic circles these days about the effects of the normal forces of action and

"X w 59

Ralph Hendershot

reartion. It seems that business is getting better despite the NRA and inflation. One wonders just how r much stock to take in such discussion. We realize that the history of business has been the coming of one cycle after another, but a little closer study reveals that the recoveries were usually closely associated with some important occurrence. ana Wars Play Part in Past Wars frequently have played an important part in recoveries. At any rate, they have preceded spurts in trade. Those who maintain that business this year was getting better anyway have not presented any worth while explanation for it other than it constituted the natural workings of action and reaction. It seems reasonable to expect that historians will recount that inflation and threats of inflation all over the world had a great deal to do with the pickup in trade and that the NRA was another vital influence. It is possible that business might have gotten better in time without any outside influences, but when the new administration took hold it looked very much as though conditions were getting worse rather than better. If underlying factors were pointing to a natural recovery, they certainly were keeping well hidden. The strongest institutions of this country were breaking badly under their weight of debt and business stagnation, rnd some of them seemed to be headed for the ash can. They might have been able to buck up before the final collapse, but, then, again they might not. At any rate, the support they received from the government was welcome, to say the least.

New York Stocks <B Abbott. HoDDln * Cos.) ————————

- Am. 23 - oil*— Prev. High. Low. 10 30 close Ametada .. 38 38', At 1 Rig 28', 28 28 28', Barnsdall B‘, Consol Oil I2’ 12’, Coni of Del 16’, lr, , Houston i new i. .. ... ... S’, Houston told'.. .. ... ... 27 ’ Mitt Cnnt Pet 12' Ohio Oil 12’, IV. Phillips Pet 14’. la Pure Oil '• 9', Ruval Dutch ... . 31'. Sbd Ol! 27’. 27'* Shell Union... .. ... 9 8’ Simms Pet .. ... io’ Sor Vac .. ... . 12’, S O Os Cal 37' 37 ', S O of N J 38 < lot p 24'. 24', Tidewnter Assn .. ... 9'. J'i Un Oil of Cal 19'. 19 T ANARUS, Steels— Am Roll Mills 24', 24'.. Bth Steel 40'. 40'. Bret AM 33’. Col Fuel A- Iron .. *' 6’ CTruc Steel .. ... 40’.331,0 1 , Inland Steel ... ...33 1 , 37 Ludlum Steel . . 14’, IS McKeesport Tin .. ... ... 87'* Nail S'eel .. . . ■•. 46', Rep 1 ill A Steel 18 11 S Smelt 75-, Vanadium . . 28', 28’. Midland ... ... ... 13', V S P.pe A Fdv 19'. U S Steel 55S 55 1 .. U S S eel nld 95’, Youngstn SAT.. ... 26’* 27 Rail*— All Cst Line 4. B A O 32', 32*. Cal. Par 16', 16’. IS*, til A Ohio. 47', 47*a 47’j ... Chi A tit W 5 S', C M A St P .. 9', 9 . C M A St P pfd .. . . .. 15 Chi N \V 12'. 12 Chi R Isl 7', 7 Dela A- Hud .... ... . . 76 Erie 25 Grt Northern. 27'. 27', HI Central 43', 43 . K C Sou . 18 1 s I.OU A Nash 55’, 75 1 , 55'-, 53 . M K A T 13 12’, Mo Pas 7* Mo Pae pfd 10 N Y Cent 48', 48', 48’. 47', N Y Chi A St L 24’, HYCAJtId 29*. N Y New Haven 27', N Y Out A West 13'. 13>, Norfolk A Wes . 167 165 Nor Pae 28', 28>. 28'. 28'. Penn R R . . ... 37 Reading ... 80 Sou Par 30'. 30 Sou R R 31 30‘, Sou R R pfd 39'.. Union Pae . . 126', 125', Wabash .... ... .. . 4', \V Maryland 13’, 13 Motor*— Auburn 61’. 61 Chrysler 44', Gen Motors ... . . 33', Graham Met ... ... ... 4 Hudson ... . 13’. Hupp s’, 6 Mack Truck ... 38 . . ... 24' Packard . . ... ... -V. s', Reo . . ... 4* SMidel-iker .. s*, Ye low Truck s'. 6

Mol nr" AtffM— Brndix 18% 19% Bvhn Alum ... AT’* 46% B'rg Warner ... 29% 20% Rr.egs 11% 11% Buda Wheel 4 4 E'on Mfg 13% 14’. Eor Auto Late . 21', 21% 21', 21', Bond Hershev. 5 5 Hulltn* Mil 6% 6’, Murray Bodv B', |’ t Stow Warrior ... 9 8% 9 S’* Timken Rol ... ... 31% Alining— Aisa Jnn 27'., 27% 27'. 27% Am Smol 1 36'.• Anaconda . ... 17% 17% Cal A: Hocl* .. ... 6% Corro do Pnsco .. . 34'. 34% Oranbv .... . . ... 11 % C.l Nor Oro 13 Homostako Mm 264 Howe Sound ... .. 24% Int Nrrkol ... 19', 20% I*l Crook 24% Ke-inerott Cop . .. .. 21% 21% Noranda Cop ... ... . 32 Phelps Dodgo 15% 15’. Tobacco*— Am Snuff 47 47 Am Sum Tob ... . . 20% Am Tobacco A S6 85% Am Tobacco B ... 90 R 9% Gon Cigar 39 1 rgg A: Mvor* B .. . . 94% 94 Lorrillard 22% 21% Koinold* Tob B 50% 50% Equipment*— Allis Chalmers 19% 19% Am Car A- Pdv. .. ... 30% 29% Am Loco ... . . 32’. Am Marh A- Fdv .. . 17’. 17 Am Stool rdv 21’. 21% Bald Loco 14 Burrougr* ... ;*% Case J I 74% 74'. Cater Tract 23 Cclest Palm Poet .... 18 Congoleum ... 23 E’O.- Stor Bat 45% Foster Wheeler. .. 17% Gon Am Tk Car .. 37% 37% Gon Elcc 25% Gon R R Sis 41 Ingsol Rand 64% 63'. Int Bus Mach 148 fnt Haraoster 38% Kolvinator 11% Natl Cash Reg. 20% 20 Proc A Gamble 4% Pullman Inc 51% Simmons Bed 25’. Und Elliot 36 West Air B . 31’. Westtngh Elec 43% 44% 43% 44*. Worthington Pm 29 Utilities— Am A For Pwr . . . . 13% 13% Am Power A Lit 12 11% 12 12% A T A T 12% 128 128 128% Am 3Vat Wks 28% 28% Brook On 'Gas . . . 78% Col Gas A- Elec . 19% 19% 19% 18% Com A Sou 3% 3% Conao! Gas 9 49% Elec Pwr A Lit 8% B s . Int T A T .17 18% 16% 17 Lou GAEA... . 20 19% Nat P*r A Ut 13% 13% North Amer 24 23*. Par GAB, 24’, 2t% Pub Serv ft J 41 41% Bo Ca! Edison 20 , ' Std Gal 15% 15% S'd Gas pfd .. IS I’mted Corp .... 1% 8 B% 8% IJn Gas Imp 19% LJt Pwr * LM A .. 4’, 5 Western Union W 68% 68 , 68% Rubber.— Ptrestone 25% 36 Goodrich 17 16’. Goodyear 39% 39 U 8 Rubber 19% 19%' U 8 Rubber pld. 32% 32% 32% 32%

Wall Street-

Kel Spring ... ... gt^ Amusement,— Croslev Radio . jo Fox Ellm .. 16 Loews Inc . 34’, 34 34 34 1 a Radio Corp .. . . 9 B’, 9 9 RKO 31, Warner Bros ... B’, B'i B', B’, Food,— Am Sugar .. 53a, Armour (A- 6', s 6 6 r; , Beatrice Cream v 18 18 Borden Prod 30 30* 2 Cal Packing ... og 27’, Can Dry G Ale 32 32 Cora Cola ... . . 102 Cont Bak IAI . . .. ... 13’, 14', Corn Prod rh', 89'. Crm of Wheat 32 Gen Foods '37a, 371, Gold Dust . . . "u. 21’. G W Sugar 35' a 35 Hershej ... . Natl Biscuit 57V S7 Puritv Bak ... 191 S Porto Rico Sug 42’, 42 Std Brands . 29', 28’. 29', obi United Fruit 62’, 82’, 62’, 62'. Wrlglev 51 Retail Store,— Ass Drv Goods 101 Best A Cos . .. . , *31 T . 31 . Utmelb Bros .... 51, s.\_ Gimbc. ptd ;* on Gr Un Tea - * 71. ffahn Dent Sts * 7.,. 71. Jewel Tea 35 Krrsgc S S ‘il’. n’ Ktoger Groc 27’, 27'. Macv R H . 58’. sail Mav Dept St 30 Mont Ward ogi 4 26 s . Penny J C 46’, 46’, bafewav St .... ... . 541., Sears Roeuck ... . . *4l', 41" j Wooi worth 331, 3gJ , Aviation— Aviation Corn 12', 12', Douglass Air .. .. ... . ]p. Curtiss Wright 3J, Curtiss Wright A . ... ... 7 Nor Am Av 6’, 6’, United Aircraft 38', 38', < hemirals— Air Rcdurtlon ... 100', Allied Cheni 134’, 133’, Am Com Alcohol ... 68’, 68’, Col Caron 62 Com Solvents 39’, 39', 39', 39’, Dunont ... 81', Freeport Tex 39’, 39', Mould Carb ... 33’, 34 Math Alkali 36', 36 Tex Gulf 31’, Union Carbide 48 48', U S Indus Alcoh "S', Nat Distil 96' 2 964 Drug,— Cotv Inc 5 s', Drug Inc . 46 Lambert 31’, 31’, Lehn A Fink 20 Zonite Prod ... ... s’, Financial— Adams Exp .. .. ... 104 10’, Allegheny Corp 51’, 514 Chesa Corp 51’, 514 Transamenca 74 74 Tr Cont! Corp 6’, 64 Ruttding— Am Rrndiator .. 16', 164 16', 16 Gen Asphalt ... 21', 21 In' Cement S3’, Johns Manville 52’, 51’, 52’, 51*, Ltbhv Owens Ols .. ... 30’, 304 Otis Elev 18 18 Uten Const ... ... 34 yiiseellanenu,— Am Bank Note 204 Am Can ... ... 89’, Anchor Cap . .. ... 28', 28 Brkvln Man Tr 33 324 Conti Can .. .. Eastman Kodak 814 804 Owens Bottlf 79’, "9 Gillette 13’, 14 C.lidden 184 184 Gotham Silk 12 Indus Ravon . . .. ... . . 7G’ Inter Rapid Tr ... 7', Real Silk Hose . 14 New York Curb ■ By Abbott. Hopnin A Cos.) Aug 22Close Close. Alum Cos of Am 75'.- Tntl Ptrol . ... 17’, \m C P A L B 3'., lake Sh Mine, 42 4 Am Ovan B . 13 Nat Bellas Hess 2’, Am Gas A F! . 314 Mag Hud Pwr 84 Am Sup Pwr . 4’, Pan A Airways 52 Ark Ntl Pw: A. 2 Parker Rstprf .65 Asso Gas A I', Pennroad .. 44 Atlas Ut Crp 15', Pioneer Gld Ml 124 Brar Tr A Lt. 13'.- St Regis Paper 4’, Cent S’.s E 1... 24 Salt Crk Prod . 6', Cities Serv ... 34 Segal Lock ... ’ Cord 124 Std Oil of Ind. 254 Derby Oil .. 14 Std Otl of Kv. 164 El Rnd A Sh.. 25 Translux 2’, Ford of Eng 6 United Fndrs .. I’, Ford Mot Can.. 154 United Gas 4 Hud Bas Min 9’, Ut Lt A- Pr A 5 Irving Airchute 64 United Verde .. 4 Imperial Oil .. 13’, Wr Hargrave* . 6’, Liberty Bonds /tv I'nitrd Prmt NEW YORK. Aug 22 Closing LibertyBonds 1 Decimals represent 32nds 1. Liberty 34* . 32-47• 102 16 Liber'v First 4s • 32-471 101 25 Liberty First 4',* 32-47> 102 3 liberty Fourth 44s 1 33-38 • 102 "3 Treasury 4',s i47-52i 110 2., Treasury 4s ' 44-54' 106 26 Treasury- 3’,s '46.56' .105 Treasury 34a '43-47i 102 7 Treasury 34s '4l-431 March V. 10129 Treasury 34s .40-43* June . . 10129 Treasury- 3 ! ,s (46-49* 100 Treasury 3s 'sl-55' 98 '* Treasury- 3s < 51-55 .. 98 18 Treasury 3',s i4l> 100 30

Foreign Exchange

•Bv Abbott. Hopoin A Cos.) --Aug. 22Close Sterling England . $4 49’, Franc. France 0534', Lira Italv 0717', Be'.gas. Belgium t 1906 Mark. Germany 3255 Guilder. Holland 5508 Peseta. Spain 1140 Krone Norway 2265 Krone. Denmark 2015

Daily Price Index

Km I nth ft l‘r i . NEW YORK Aug 22 Dun A Bradstree's daily weighted index ol thirty basic can - modities compiled fwor the United Press Jpdav IM.II ”;k ago 100 40 Month ago 104 57 Year agu 78 29 1933 h.gh iJuly 19• 113 52 1933 lew ijan. 20. 67 86 (Copyright, 1933. Dun A Bradstreei. Inc.) I

STOCK SHARES HOLD GAINS IN ACTIVE TRADE U. S. Steel Exception to Trend at Opening, Off 1-8.

Average Stock Prices

Averse* of thirty Industrials for Tuesday. hlah 10171 low 99 02. last 10134 no 1.17: aterae* of twenty rails SO 87 49 38 50 79. un 112 average of twenty utilities 30 18. 30 10 30 0! no .03. average of forty bonds 88 01. off .11. BY ELMER.”cT WAI.ZER United Press Financial Editor NEW YORK, Aug. 23—A majority of shares registered fractional gains at the opening on the New York Stock Exchange today. Volume was fairly heavy with relatively large blocks appearing. Exceptions to the rise included United States Steel at 53 V, off 's', Anaconda 17V off \; Phillips Petroleum 14 T s, off Standard of California 37' 4 , off V Du Pont 81V off and Kennecott 21 1 , off American Telephone opened unchanged at 128';. while the utility list generally was steady. Rails held gains made in Tuesday's session. Rubbers, electrical equipments, building issues, and farm equipments made small gains. Warner Brothers equaled its 1933 high in the amusement section. In the automobile division. General Motors opened at 33 V up ’ t on 5.000 shares. It met moderate profit-taking at that level and eased fractionally. Chrysler also met some selling that brought it down moderately. Tuesday these two issues made up 16 per cent of all the business done on the exchange.

Bank Clearings

INDIANAPOLIS STATEMENT -Aub 22 - Clearings $1,446,000.00 Debits 3.750.009.00 TREASURY STATEMENT —Aug. 23 Not balance for Aug 21 $1.222 473.035.75 Ini. rev rects. for dav . 4.238.906 82 Customs reefs., mo. to date 22 476.382 20

Chicago Stocks By Abbott. Hoppln & Cos. ——

—Aug. 22 Total Sales 53,000 Share, High. Low. Close Allied Products ... .. 124 104 124 Asbestos Mfg 4', 3’, 3’, Assoc Telephone Util . . .. 4 Bendlx Aviation 184 17', 18’, Borg-Wnrnrr 20’, 194 20’, Brow n Fence A Wire B ... 3 E L Bruce Cos 20 Butler Bros 4’. 14 4', Bcrghofl 134 13 13 Cent 111 Securities com ... 4 Cent 111 Securities pfd ... ... 64 Chi A North Western 124 114 124 Chicago Corp com 34 34 34 Chicago Corp pfd 25 4 25 4 23’, Chicago Flexible Shaft 11’, Chicago Yellow Cab . 12 Cities Service 34 33 Commonwealth Edison 59 Consumers ... *, Cord Corp 12’, 124 124 Crane Cos 9 84 9 Crane Cos pfd ... 45 444 45 DeMets, Inc. pfnee 6’, 6', 6’, Eddv Paper 74 74 71, Goldblatt Bros ...'. ... 24 Greyhound Corp ... 4 Grigsbv-Oriinow 2’, 24 24 General Household Ut 16’,’, 16 16', Hall Printing 64 Houdaille-Hershev B ... 5 Ind Penn Tool 52 Iron Fireman ... 64 Jeflerson Elec ... 254 libbv-McNeil ; s* Lynch Corp 37 38 4 37 Marshall Field 15 144 15 Mickelbcrry's Food Pro . . ... 4 Middle West Utilities.. 4 4 Middle West Util 6', pf . ... 2 Muskegon Mot Spec A 94 B’, 94 National Leather ... I’, National Standard 25 22 25 Noblitt Sparks Ind Inc .. ... 2”Northwest Bancorp ... 74 Perfect Circle 3 Prtma Cos 26’, 254 <!6 Public Service 33 4 334 331, Public Service N P .... ... 331, Quaker Oats 135 134 4 135 Reliance Mfg Cos 14', 14 14 Sears Roebuck 414 404 414 So Colo Power A .. 34 Swift ACo 194 18', 194 Swift International ... 25 24 25 Thompson JR 10 9’, 94 Utah Radio ... it Util Pwr A Lt N V 14 Utility A Ind pfd 44 Wahl 7. Ward Montgomery A 78 New York Bank Stocks 1 Bv Abbott. Hop Din A CO.l —Aug 22 „ , Bid. Ask. Bankers 824 t>ij Central Hanover 141 1424 Chase National 28 4 28’, Chemical 394 .404 City National 32 324 Corn Exchange .55’, 56’, Continental 154 15’, First National 1.440 1 460 Guaranty 329 331 Irving 194 19’, Manhatten A Cos 30 204

HORIZONTAL ANSWER TO PREVIOUS PUZZLE 13 Rime-cold l 'yji°. , *. th *u JOjR vItLIL 1e Iwlßi I!G HTL * iant athlete in the w||aiTlr - Dl I iLBBDI (variant). 14 Above"' LmINA ORVILLE QNBdU 14 anoxe. 1 lWdaV Kallant. absence &|ARO£ sfiljpT 20 RBsian ansenre. . _. qM ■■ a.it iolry rulers. I: jsssr* gazers. A.;MJ iAB AT EDL l] “ and 19 Kind of beret. *-H N . E £ MBS 25 Finishes. 20 The business JjDTL 26 Small of buying E;LilJmuMUL]lgipgS inlets, and selling. C.| D E.^JpA]MiMA 28 OrienUl 21 Those who 14EAV. 1 guitar join metals by developed sac VERTICAL 29 Egg-shaped. f " sin R- 37 On the lee. 1 Throng 3l ® I ' owest Part 24 To entertain. 3S Senior (ahbr.). 2 Night before. of a 27 Motive. 40 Measure of 3 sheltered tetraehord. 31 The pictured area place. 31 Harness of a world'* *1 Varnish 4 To make a draft animal. u , , ingredient mistak . 33 Entering a champion in 44 Baseball stick. ™ second time. 46 Person of low ® ,„ 0K a " d L 39 Assessment 32 She is famous mental b Plant fiber. amount. as a hard development. ‘7° Ru i ide - 40 Elsewhera. in this 48 Effigy 8 Limping more 42 Stir sport. 50 Carpenter's than usually. 43 Prehistoric 34 Books of rule 9 Street (abbr.). sTon* drcL certain types. 51 Shipworm. 10 Paddle. 44 Stable 35 To mention 52 The pictured 11 Palm leaf 45 Epoch. a * ain - , lady is a (variant). 47 Medical suffix. 36 Abnormally native . 12 Old garment. 49 Ratite bird.

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THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids or offerings, but mereiy indicate 'he approximate marge* level based on buying and selling inquiries or recent transaction' Aug 23 aid. Ask Eei* Rail * Stock Yards, com 27 : a 32>a Cent Ind Pr pfd 7% 9 12 Ct* irens Gan Cos pfd 5", 63 67 Citizens Gas com 14 17 Home T Ac T Ft Wayne nfd 7<T 36 40 Ind Ac Mich Elec Cos pla 69 73 Ind Gen Service Cos pfd 6T.. 65 69 Ind Hydro Elec Cos 7’- 25 29 IndpU Gas Cos com 40 44 Indpls Pwr A- Lt pfd <j*s- 61 65 Indpls Pwr A: Lt pfd 6'i'T.... 65 69 No Ind Pub Scrv Cos pfd 6*7. . 33 37 No Ind Pub Serv Cos nfd 5' 2% 30 34 No Ind Pub Serv Cos pfd 35 39 Indpls Water Cos pfd s'r 89 93 Inu Pub Serv Cos 6'7 3Vi 39‘ a Public Serv Cos of Ind pfd S' r . 14 17 South Ind Gas At El pfd 6'V.. 58 62 Terre Haute Elec pfd 6% 33 37 BONDS Be]; R R At Stkvds s*s 1939.... 88 92 Citizens Gas Cos 5s 1942 86 90 Home T Ac W 5' 3 s 1955 97 100 Home T Ac T W 6s 1943 98 102 Indpls Gas Cos 5s 1952 71 74 Inapis Rys Inc 1967 29 32 Indpls Water Cos 4'js 1840 ... 98j 100‘. Indpls Water Cos is 1960 93 97 Indpls Water Cos 5s 1970 92'j 96‘z Indpls Water Cos s' a s 1953 100 103 Indpls Water Cos S'js 1954 100 103 Kokomo Wat Works 5s 1958 79 83 Lafayette Tel Cos 5s 1957 .83 87 Muncle Water Works 5s 1939 92'j 96'> Richmond Water Works. 1957. g 4 83 * Terre Haute Wa- Wks 5s 1956. 84 88 Terre Haute Wat Wk 6s 1949.. 93U 97. Traction Terminal Cos 5s 1957.. 45 49

The City in Brief

Advertising Club, luncheon. Columbia 1 .un. Engineering Society, luncheon. Board of Trade. Real F.state Board, luncheon. Washington Sigma Nu. luncheon. Washington. Sigma Chi Alumni, luncheon. Board of Trade. American Business Club, luncheon. Columbia Club. Acacia, luncheon. Harrison. Illini flub, luncheon. Columbia Club. West Park Christian church, fish fry. Washington street and Brllevieu place. Plans for strengthening efficiency of state police and other law enforcement officers by means of the new state police radio system were discussed by A1 G. Feeney, state safety director, before the Universal Club Tuesday. Frank Hawkins, secretary of the Pittman-Moore Company, will speak at the noon luncheon meeting of the Advertising Club Thursday at the Columbia Club, on the .subject “The Pharmaceutical Industry.” At a special called meeting Tuesday night, the central committee of Fouth Side Civic Clubs adopted a resolution committing members aid the organization to support of the NRA. Copies of the resolution will* be forwarded to Francis Wells, NRA director. The International Labor Defense and the League of Struggle for Negro Rights will stage a meeting at Sullivan park Aug. 27 at 2:30 p. m. Labor was urged to celebrate national recovery in the observance of Labor Day. Sept. 4. in a proclamation issued today by Governor Paul V. McNutt.

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 vein lump. $5.25: cce. $5: mine run. $t 75 Indiana No. s—Lump $5: ceb $4 75 West Virßinia—Lump. $6.50: tbc $6 25mine run. $6. Eastern Kentucky—Lump. $6 50: eaß $6.25: mine run. $6. K Pocahontas—Shoveled lump. $7.75: tbb $8: mine run. $6.75. New River Smokeless—Shoveled lump $7.75: eE SB. Semi-Smokeless—Eee or lump. $7 25. Coke— Ebb or nut. $8: nea sizes. $6.75.

Indianapolis Cash Grain

—Aug. 22 The bids for enr lots of grain at the call of the Indianapolis Board of Trade, f. o. b . shipping point, basis 414 New York rate, were; Wheat -Strong No. 1 red. 79(ti80c; No. 2 red. 73'.i79c : No 2 hard. 78'-i 79c Corn- Firm: No. 2 white. 494(51.504c: No 3 while. 48 46t494c: No. 2 yellow. 474i484c: No. 3 vellow 46'a4i474c No 2 mixed. 4649474 c: No 3 mixed. 454'(/ 46' -c Oats -Strong No. 2 white. 31^32c; No. 3 white. 305/31c. Hay-Steady: if. 0. b. country points taking 23',c or less rates to Ciricinnnati or Louisville' No. 1 timothy. s6'u6 50; No 2 timothy. ss.sflvj6. —lnspect ions— Wheat -No. 1 red. 1 car: No. 2rcd. 1 car Total. 2 cars. Corn—No. 1 white. 1 car. Total. 1 ear Gats—No. 2 white. 3 cars. Total. 3 cars. NEW YORK RAW SUGAR FUTURES —Aug. 22- . High. Low. Close. January 1.56 1.51 1.56 March 1.63 1 .67 1.63 May 1 68 1 63 1.68 July 1 74 168 1.74 September 1.43 1 38 1.43 December 1.53 1 43 1.58

PORKER PRICES WEAK IN DULL MARKET ACTION All Classes Feel Pressure in Cattle Mart: Sheep Unchanged. Hogs settled down in a range 15 to 25 cents lower than Tuesday's average at the city yards this morning following a period of early uncertainty. Weight* jf 160 to 230 pounds sold for $4.45 to $4.50; 230 to 260 pounds. $4.10 to $4.35; 260 j to 290 pounds. $3.80 to $4; 290 to 350 pounds. $3.50 to $3.70; 140 to 160 pounds, $3.90 to $4.15: 120 to 140 pounds. $3 40 to $3.65. Receipts were estimated at 7.000. Holdovers were 345. Hardly enough was done in the cattle market to establish a decisive range. All classes were under pressure. Receipt* were 1.300. Vealers were steady at $7 down. Calf receipts numbered 600. Sheep were steady, selling mostly at $7.50 down. Top price was $7.75. Receipts were 2.000. Early action was slow on hogs at Chicago, with few bids and sales around steady to 10 cents lower than Tuesday's average. The bulk of good to choice kinds weighing from 190 to 230 pounds was bid in at $4.50. The latter price also was paid for a few loads. Receipts were estimated at 26.000. including 8.000 direct; holdovers were 2.000. Supplies eligible for government purchase from today’s receipts were 6.000 pigs and 200 sows. Cattle receipts numbered 10.000; calves, 2.000; market unchanged. Sheep receipts were 18,000; market, steady. HOGS W! l *' ti To P Receipt*. 17 155 * .60 6 000 *'■ 4.40'J 4 45 4 50 B.OCO 18. 4.4044 4.55 4.55 5 500 19. 4 /o'll 4.55 460 6 500 21. 4.65 a 4 70 4 75 6 500 M 1 1 4 65 9 500 Z3. 4.4541 4 50 4 50 V.l/uu , _ Market, lower. 1 140-I6oi Good and rhoice $ 3.904/ 415 —Light Weights—--IISS'IBO'0 ' G° o< i and choice... 445 1180-200/ Good and choice 445 Medium Weights— Good *nd choice... 450 '220-250/ Good and choice 4 20>i 445 Heavy Weights >2fo-290/ Good and choice .. 3 804/ 410 /290-350/ Good and choice .. 3.504/ 370 —Packing Sows—>3so down/ Good 3 004/ 325 ■350 up * Good 300 u 3 15 'AH weights/ medium 2 754/ 300 —Slaughter Pigs—-<loo-130/ Good and choice... 2.904/ 3.40 CATTLE ~ LSOO: market, steady. (1.050-1.100/ • Good and choice f 5.5047 7 25 Common and medium 3 50/> 5 50 (1.100-1.500/ Good and choice 5.5047 725 Common and medium 4.0077 5 50 —Heifers—-(sso-750) Good and choice 5.0067! 6 25 Common and medium 3 254, 5.00 (750-900/ Good and choice 4 504/ 6.00 Common and medium 3 004/4.50 —Cows— Good 3 OC4? 3 75 Common and medium 2.254/ 3 00 Low cutter and medium 1 25'tt 2.25 - Bulls /yearlings excluded/Good (beef/ 3 00 47 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS _ . Receipts. Oil); market, steady. Good and choice $ 6 00/,? 700 Medium 4 504/ 600 Cull and common 3.00'0' 4.50 —Calves—-(2so-500) Good and choice 4.004? 5.50 Common and medium 2.004/ 4 00 Feeder and Stocker Cattle—-<soo-800) Good and choice 4.504? 5.75 Common and medium 3 004/ 4.50 (800-1.5001-Good and choice 4.506? 5.75 Common and medium 3.00'a 4.50 SHEEP AND LAMBS Receipts. 2.000: market, stradv. —Lambs. Shorn Basis—/90 Is. down/ Good * choice $ 7 004/ 7.75 1 90 lbs. down) com. and med.. 3 004/ 6.50 —Ewes— Good and rhoice 2.004? 3.00 Common and medium I.oo'u 2.00

Other Livestock By United Press CHICAGO. Aug 23. Hr.gs -Receipts. 26,000. including 8.000 direct; approximately 6.000 pigs and 200 sows eligible to I government purchase; market, active, fullv steady with Tuesday: 170-200 lbs.. $4 50/<*/ 4 60; top. $4.60. 230-300 lbs.. S3 75'.; 4,50; light lights. $4 50 down; packing sows. $2.906/3.40; light lights 140-106 lbs., good and choice. s4*/ 4.55; light weight. 160-200 lbs , good and choice. $4.25'</ 4.60; medium weights. 200-250 lbs., good and choice. ! $4.30'"/ 4 60; heavy weights. 250-350 lbs., food and choice. s3.so'</4 45; packing sows. 75-550 lbs., good and choice, $2.65''/3 50 j slaughter pigs. 100-130 lbs., good and I choice. $3 25</4.10 Cattle Receipts. 10.- : 000; calves 2.000; strictly good and choice I fed steers and vearllngs onened steady on shipper account: largely fed steer run j and undertone weak on iribelween grades 1 medium and weighty steers; all except | toppy light and long yearlings now getting j less active outlet early top. $7.40 on weighty steers. $7 25 on light steers and j 87.10 on yearlings; largely $5,754/6.75; . other killing classes mostly steady; slaughter cattle and sealers: steers. 550-900 lbs., good and choice. $5.50'.r7 25; 900-1.100 lbs., good and choice. $5 50'>;7.25; 1 1001.300 lbs., good and choice. $5 504/7.25; 1,300-1.500 lbs., good and choice. $5 504/ 7.40; 550-1,300 lbs., common and medium. $34/5.50; heifers. 550-750 lbs., good and choice, $4 754/6.25; common and medium. 52.504/4.75; cows. good. $3 504/ 4 50; common and medium. $2 354/3 50; low rulter and cutter, $1,254/2 3.6; bulls, yearlings excluded. beef. 63.254/4: cutter, common and medium. $2,404/3.40; vealers, good and choice. $6 254/7.50; medium. $5,504/6.25: cull and common. $44/5.50: stocker and feeder cattle: steers 500-1 050 lbs. good and choice. $4 504/5.50; common and me- ; dium. $2 754/4 50 Sheep Receipts, 18.000: native lambs around steady with Tuesday’s close: good to choice. *7 to mostly $7.25; occasionally- $7.50 on choice duality to outsiders: sheep steady; undertone on feeding lambs decidedly- bearish: slaughter sheep and lambs; lambs. 90 lbs. down, good and choice. $6 754/7.60 common and medium. $3 754/6 75; ewes 90150 lbs., good and rhoice. $1,504/3 all weights, common and medium si '•/ 2: feeding lambs. 50-75 lbs., good and choice $64/ 6 50.

EAST BUFFALO, Aug. 23.—Hogs —On sale. 1.100: rather slow, sleadv to 5c lower: bulk desirable 170-220 lbs.. $5 10; plainer kinds at mixed weights. S4 flOwS: 130-140 lbs.. $4 75; little done on weights above 240 lbs Cattle—Receipts. 150; steer* and yearlings slow, barelv stendv--trass steers. S5 60: odd lots, down to S4 60; cows and bulls unchanged: cutter cows, 51.754r2.50. Calves- Receipts. 125: ■ yealers firm to higher; good to choice. $8; .ew selections. $8.50; common and me- ! dium. 17. Sheep—Receipts, i,ooo: lambs ! draggy. iargelv 25c under Monday's aver*st- KOOd ,0 ch °ice ewe and wether lambs. : 57.75. some held higher; medium kinds land fat bucks. $6 75: throw-outs. $5 „ s EAST ST. LOUIS 111. Aug. 23 Hogs— Receipts. 8.000: 1.000 through and direct; market steady to 5c lower than Tuesday * | little action on weighty butchers: bidding lower on strong weights mgs: bulk. 170-210 lbs. $4 404,4.50; ton. $4 55 ene load: a few 230-2*o lbs $44,4 20; few lao-160 lbs . $4 104,4.35 odd load of sows. 52 •’" 3. Cattle—Receipts 3 500. calve*, receipt*. 1 500 market, trading more active than earlier this week: market generally steady with good to choice mixed yearlings and heifers steady to strong: earlv steers sales. $5 154,6 some choice unsold: western steers. $3 55 <i 3 65: too heifers $6 25: some western heifers. $4: bef cows *2 504,3; low and medium. $3 9 5 25 l 100-1 500 lbs good and choice. *6 254, 6.75 good $5,254,6 25 medium. S3 75 4,5 25 Sheep- Receipts. 2 000: market, opened steads - : desirable lambs to packers *7: few choice to city butchers. $7 254? < 50: buck lambs $1 less; common throwouts $3 50. slaugh’er ewes. 814*2 75: lamb*. 90 lbs down good and choice $6 504,7 50common and medium. $3 504,6 50: yearling wethers 90-110 lbs good and choice $445 V -*wes 90-150 lb* . good and choice. $1 504,2 75- all common and medium. sl9 2. PITTSBURGH Aug 23—Cattle—Receipts. 15. mark-t. steady Hvg*—Receipts. 1.500: market steady to lower; nrime heana. 240-300 lbs $4 254, 4 75: heavy mixed 210-240 !►* $4 754, 490 medium* 180-210 lbs. $4 904,5 heavy Yorkers $4 75 *55: light Yorker* 120-145 lbs $3 754, 4 25; nigs 90-115 lbs s3'-,3 60 roughs $34-3 25. Sheep and lambs— Receipts. 1 800; market. slow ; lambs good to choice 90 ibs down. $7 50 98: medium. 90 lbs down $34,5; medium 91 lbs ud $5 504, SSO sheeo wether*, prime. *2.759 3 15: fair to good *1.754,2 25. ewes, medium to cho'ce *l4, 250 Calve*—Receipts 150: market, active, •teadv: vealers. good 56 759 750 medium *4 504,6- he’irv ard thin *7*04,5 50 FT WAYNE. Aug 73—Hogs -15 c off 200-225 lb*. *4 40 . 225-550 lb*. *4 25 : 250275 lbs *4 275-300 lbs *3 85 . 300-350. *3 70: 160-200 lbs. 14; 160-200 lb*. $4 35 150-160 lb*. *4 05: 140-150 lbs . *3 89; 130140 lbs $3.50. 100-130 lb*.. *3; roughs. *3; tgs. *7. C*'yes—*7. Lambs—*7. Cattle —Steady, unchanged.

Market Average • mm Twenty Active Issues Listed on the .V. Y. Stock Exchange.

All. Chemical Am. Smelting Am. Can Am. Telephone Am. Tob. B Atchison Chrysler Con. Gas N. Y. DuPont Goodyear

JlINt JULY flllftUST * i* U 86 8 19 IT 24 31 7 M if 73; , [ I—j1 —j —• ifwEwa — r — 75 Z*r —f— Hi —— 72 r 7 ° ———| —r f ——[- ■ 70 wmm i 59 tf+ spW|—r *4 69 k) |SB 4 580 i —r~' — —— , 56 J 56 a I s**—i 1 — SS -4 54 4 : . 54 '•S3 ; j S5 j il* ZL"~ HI ZL j— ' " I—| SS O r ~ ~ 50 i 12 7,0 ~i~ 11 ill—df - 6*5 * 6oo t It [rntl —Hilt aITTi- i —y— -I —■—^rj 500 I Jj ; -> -j "-' '■ 5 3*l Mllljl 11 lliiiliyitalE‘ s l

This daily record of the movements of twenty active stocks, averaged, gives a clear view of the market trend. Long pull movement* and daily variations are apparent at a glance.

Bright Spots

By United Press Bureau of railway economics reports class one railroads carried 23.712.435.000 net ton miles of revenue freight in June, an increase of 27 per cent over June. 1932. Servel. Inc., reports its refrigerator shipments in August have exceeded August 1932 total by 80 per cent. Proctor and Gamble Company posts advance of 11 per cent in hourly wage rate for plant employes. Union Pacific railroad reports July net operating income of $1,836,330, against $919,165, in July last year. Chrysler Corporation reports its August sales are 53 per cent above May level, against customary seasonal decline of 25 per cent. Brooklvn-Manhattan Transit System reports July net income of $461,263, against $409,101 in July last year. Norfolk and Western railway earns July surplus of $2,669,919, against $1,097,264 in July last year.

Investment Trust Shares

(By Abbott. Hoppin A Cos.) —Aug. 22 Bid. Ask. American Bank Stocks Corp.. 1.15 1.20 American Founders Corp. . 00 7.00 American A General Stc. A. 3.43 3 90 Basic Industry Shares 70 .77 British Type Inv Tr Sh 4.75 5.00 Collateral Trultee Shares A 240 2 4.6 Corporate Trust Shares loldi 4.15 4.22 Corporate Trust Shares inewi 625 Cumulative Trust Shares 800 825 Diversified Trust Shares A... 3.20 3.25 Diversified Trust Shares 1 B” 5.10 5.20 Diversified Trust Shares "C". 175 1.85 Diversified Trust Shares "D". 892 .... First Insurance Stock Corp... 425 .... Fixed Trust Oil Shares A 4.32 4 42 Fixed Trust Oil Shares B. ... 410 420 Fundamental Trust Sh "A".. 6.35 6.45 Fundamental Trust Sh "B". 18.62 18 87 Leaders of Industry "A”.... 3.5' 360 Mass Inves Trust Shares 2 51 2.57 North Amer Trust Shares '53 3.15 322 North Amcr Trust Sh ’SS-"56 308 3.13 Selected American Shares.... 910 9.20 Std Amer Trust Shares 440 460 Trust Shares of America.... 14.12 14 50 Trustee Std Oil "A" 260 270 Trustee Std Oil "B - 303 313 U S Electric Light A P "A" 380 390

In the Cotton Markets

—Aug. 22 - CHICAGO High. Low Close. January 9 91 9.68 9.90 March in 08 983 10 08 Mav 10 20 998 10 20 October 9 61 9 40 9 60 December 9 84 9.61 9.80 NEW YORK January 9.84 9 59 9.75 March 10.04 9 76 9 95 May 10 18 993 10 15 July 10 28 10.06 10 28 October 9.55 9,31 5 -52 December 975 952 9.61 NEW ORLEANS January 9.79 976 9.76 March 995 972 9.94 Mav 10 15 9.90 10 14 July .. j ■ • ■ 10 29 October 948 925 9.48 December 9.70 9.48 969

Contract Bridge

BY W. E. M’KENNNEY Secretary American Bridge League IF games and slams were bid only when they could be made against the best defense, contract , would lose much of its thrill. A plavpr who never bids more than the cards guarantee is far too conservative. for he fails to allow for the human elemept. Good defense is difficult, and the most skillful opponents sometimes fall short of perfection. Probably the most Interesting hands in the game are those in which the declarer has overbid slightly and requires just a little help from his opponents to make the contract. Here we find a true battle of wits, with the opponents trying to discover the perfect defense which will beat the contract and the declarer doing his best to conceal it from them. ana r TV)DAY'S hand was played in a A rubber game, with North and South vulnerable. East and West not vulnerable. South opened with one heart. West passed, and North bid on® spade, preferring to make a one-over-one force rather than to assist the hearts immediately. East bid two diamonds. South two hearts and North four hearts, which closed the bidding. West opened with the eight of diamonds in response to his partner's j bid. and East won with the king. 1 South unhesitatingly played the nine of diamonds to the first trick, carefully concealing the three. The eight was presumably West's highest diamond, so the declarer knew that East could immediately mark him 'South) with the queen and nine. To play the three at this point would expose the fact that he held at least three diamonds. East followed with the ace of diamonds, on which South played the queen and West the six. and this gave East a difficult guess. The fall of the cards indicated that South had no more diamonds, and L that West held‘the missing three

Inti. Harvester Johns-Manvlllt Nat. Biscuit Pub. S. of N. J. Sears Roebuck Stand, of N. J. Un. Aircraft U. S Steel Union Pacific Westinghouse

RAIN IS NEEDED BY INDIANA CORN CROP Some Ripening Reported in Southern Sections. Only slight rainfall was evident throughout Indiana during the last week, that being in the northern section, according to the weekly weather report of the United States department of agriculture. Corn in most areas made good to excellent progress due to rainfall of the previous week. Some ripening of the crop has been reported in a few southern localities. with others expressing doubt as to the very latest corn maturing in even a prolonged season. A large number of dry areas report corn has not made favorable progress, and generous rains are badly needed in these sections. Considerable plowing was done during the week under very favorable weather where soil was mellow, and the work is more than half done locally. Tomato canneries are opening, and pickings of good quality are reported.

Produce Markets

Delivered In Ir.dtanmocli* prices: Hens, heavy breeds over 4*. = lbs . 10c: Leghorns. 7e. Broilers: Colored springers l'j ibs. up. 10c springers 1 leghorn 1. l'j lbs up 7c: barebacks. 7c: corks and stags. 6c; Leghorn cocks and Leghorn stags. c. Ducks, large white, full leathered and fat over 4 lbs. 4c; small and colored. Jc 1 Geese, lull feathered and fat. 3c. Young guineas. 20c; old guineas. 15c. Eggs—No. 1 lresh country run eggs. 11c. Each full egg case must weigh 55 ios. gross: a deduction of 10c per lb. for each lb. under 55 lbs gross yvill be made. Butter No 1. 25',/26c No. 2 23c. Butterfat 17c. Quoted b' the Wadlev Company Bv United Pres* CHICAGO. Aug. 22. Eggs Market, .stcadv; prices unchanged to ‘.-c higher, receipts, 8.031 rases: ,-xtrti firs.s. 14'."/ 15'*c: firsts. 13's*/ 15c; current receipts 11' j f 'i 12 ',c; dirties. 10’,e Butter Market, steady; prices unchanged to L'C higher; receipts. 11.822 tubs; specials. 22'-'</23c; extras. 22c: extra firsts. 21/21’-e: firsts. 19 1 , '>/ 20’.c; seconds. 174/ 18c. standards. 22r. Poultry Market, steady receipt.- 25 trucks: fowls. 10/ll'ac; Leghorn broilers. 10c: Leghorns. Br. ducks. 7'./9c; geese. B■/ 9’?c: turkevs. 10'ullr: roosters. 7c: broilers. 10''/ 13'2C. Cheese Twins. ll’,'</12c: Lonehoins. I2',*/12',c. Potatoes On track. 159; arrivals. 14; shipments. 220; market about steady; Wisconsin sacked Round Whites. S! 75'</2; Idaho sacked Triumphs. $2 .50'n 2.65; Russets. $2.50'/2.65: Nebraska sacked Cobblers. $2 55'</2.70. NEW YORK COFFEE FUTURES —Aug. 22 - RIO High. Low-. Close. January 5.76 March 5 88 5 85 5 88 Mav 5 97 5.95 5.97 July 6.02 September 5.47 5 46 5.46 December 5 74 5 68 5.74 SANTOB January 8 23 March 8 36 8 32 8 36 Mav 8 44 8 42 8 44 Julv 8 52 8 48 8.52 September 8 00 7 95 8.00 December 8 21 8 18 8.21 Hit-Run Driver Kills Youth MT. VERNON, Ind., Aur. 23. Authorities here today sought the identity of a hit-and-run driver who ran down and killed Leonard Kessler. 18, while he was walking along a highway near here Tuesday night.

AK-Q-5-2 VlO-8-7-2 ♦ 10-5 *A-Q-J *B-7°6 NORTH I $6-5-3 VJ ♦ A-K-J- ---♦ 8-6 ui 55 7-4-2 4.10-9- “t J.K-8-5 7-4-2 Icalpr SOUTH AA-4-3 VA-K-Q-9-4 ♦ Q-9-3

spot, for if he held 8, 6. 3 originally he would play them in that order A careless East player might have led his singleton spade, hoping West would have the ace and return the suit for a ruff. However, a moment's thought about the bidding would make it clear that South must hold the ace of spades and five practically solid hearts, for otherwise he could not have opened the bidding and then re-bid his heart suit. In that case the only trick remaining for East and West would be the king of clubs, and that would not be sufficient to defeat the contract. There also existed the faint possibility that South had false-carded in the diamond suit, and West's singleton heart was an honor that could over-ruff dummy. West grasped at this possibility like a drowning man at a straw, and it proved to be the actual situation. He was later able to make his king of clubs, thereby defeating the contract one trick. (Copyright. 1933. bv NEA Service Writer)

WE BUILDING AND LOAN NEWTON WILL STOCKS BUY 415 Lemcke Bldg. TODD

PAGE 11

WHEAT VALUES FIRM ON GOOD BUYING DEMAND Government Hog Purchases Bring Out Selling in Corn. BY HAROLD F.. RAINVILLE I nited Prrs Staff Corre*iMnd*nt CHICAGO. Aug. 23. Grains opened Arm on the Board of Trad* today, with the exception of com. The latter was irregularly \ cent lower to ' cent higher, the latter on December, as liquidation pressure and the start of government hog buying began. Wheat was steady, unchanged to '■> cent higher. Oats was unchanged to % cent higher, rye unchanged to '* cent higher and barley ’•/ to l cent higher. Trading was light. Provisions were strong. The late run-up in rye Tuesday roused the grain markets from their lethargy. That grain hit the 5 cent limit on buying by millers. Rye was relatively cheap compared to wheat and the buying was against a possible switch to rye bread should wheat flour continue to advance. The general ittifude was more normal, which tended to stabilize prices in all pits. Wheat is fundamentally bullish on the small crop, the tremendous losses in other grains and the poor start in the southern hemisphere crop. Liverpool was about as due, to cent lower. Corn was firm but not arUve. The reduction in hog production under the administration's program would cut off a large feed demand, leaving producers with more grain than anticipated. Oats folk/Wed the other grams, but showed more strength than corn. The cash demand is active.

Chicago Primary Receipts (By Abbot(. Hoppin ACo Aug 22 , Today. Last W'eek. JJheat 1 003,000 757 000 Corn 335 000 335 000 Oats 442 000 371.090 Chicago Futures Range WHEAT— AU, ‘ 23 ~ • p r ev. „ . . High Low 10 30 close! September .. .90 .88', 90 88', December ... 93', 91', 93', 91’, M corn 97 ’’ * 95,J 97 95 ’ September ... .53 .5144 52’, 52’, December ... S8 56', 57’, 571, Mav ' 63’, .61’, 63 62', OATS # September .. .38', .37’, .38', 37', December ... .41', .40', 41 40', Mav 43’. .43’, .43’, 43’, RYE September .. .74’, .71 .73', .70’, December ... .79'.. 76’, 79', 76’* Mav .85', .82', .84’, 82‘, BARLEY September ... .53’, .53 .53'4 51', December ... .58 57 58 .56 U TOLEDO CASH GRAIN Hll t nitril I'rt ** TOLEDO. Aug 22 Cash grain close: Grain in elevators transit billing Wheat No 2 red. 88','fi 89',r. No 1 red l'ol',a premium Corn No 2 vellow. 57'■'>/58'iC. Oats No 2 white. 39' 4/040',c Rve ~ No 2. 7B'/79e Track prtres 28',c rate. Wheat No 1 red. R4'</85r; No. 2 red. 8334/83’,c. Corn No 2 yellow. 53''/54c;. No 3 vellow 52*/53c. Oats No 2 white, 36'<t 38c; No. 3 white. 34',*/37',C Toledo seed close: Clover Cash. $7 7.5. October, SBB. December. $8 25 Alsike Cash, $8 50 Toledo prodlucr close Butler Fancy cream. 26c Eggs F.xtras. 15///15'2C. Hay —Timothy, per cwt.. 70c. CHICAGO CASH GRAIN Itii I'nih il I’r 1 ** CHICAGO. Aug. 22 Cnsh grain close: Wheat No 2 red. 86’,'</87'yC. No 2 hard 86',*/87r. No 4 mixed 84r. Corn No. 2 vellow. 52’ ■•/ 53r■; N' 3 vellow , 52’,*/ 52',e No. 4 vellow. sl’,*/52r. No 2 white, 55',*/56c. sample grade. 42< Oats No. 2 white. 36 '/36’,e; No 3 w hite. 34*/36c. sample grade. 30r. Rve No sale* Barley 42’,64c Timothy $4 504/4 75. Clover $lO •I 13.50. ST. LOUTS CASH GRAIN lit/ I Hilt it I’rruM ST LOUIS Aug. 22 Cash grsln Wheat - In fair demand, steady to l',c higher. No. 1 red. 90r. No. 2 red. 88' /89c. No 1 red. 874/89c; No 1 hard. 89c. No. 2 mixed. 88c Corn In talr demand, unchanged to I .c lower: No 1 vellow. 53’,c. No 2 yellow. 53 V 53 1 ,c; No 3 vellow. N3c Oats In good demand, unchanged to 1 -,c higher; No 2 white, 36','</37c; No. 3 white. 3i’,c; No 4 white. 34c. sample white 32c: No. 3 mixed. 30‘ 2 4/ 33c. No. i red. 38'.c. No. 2 red. 36'.-c. INDIANAPOLIS WAGON WKFAT Cltv grain elevators are paving 77 cent* for No. 2 soft red wheat. OtJier grade* on their merit*

Births Gir.* Ancil and Marie Coitrell. Coleman hospital Donald and Edith McLeod. Coleman hospital. A. J. and Jane Rogers. Coleman hos--1 pita!. 1 Mike and Stanke Sthanefl 1185 North 1 Warman Raymond and Marv Hollensbe. Methodist hospital. . , Kavmond and Ada Mover. M'lhodist hosI 1 Bertram and Dorothy York. Methodist h °wnbur and Marv Chamber* 221 North 11 c °'w and Johnie Tavlor. 131 South Arthur and Marv Koster. 41". South RlitPlrwin and M rtle Atherton. 17 Harvey. Herbert and Bessie Abel 219 North and Cecelia Oliver 2466 Corn'.iames and Nancy Gentry. 617 South "'’Robert and Sarah Phelps 2233 Eastern. Louis and Florence Thompson St Vincents hospital. Bov* Ellis and Bessie Sloan. Coleman hos''orville and Elvira Lynch. 122 South K crl and Irma Jones Methodist hospital. Kenneth and Marv Hevdon. Methodist ! °Rob*rt and Margaret Armer Methodist f J-a 1 and France* Kassebaum. Methodist nosoital , _ . Clarence and Florence Rocmbke Methodist hospital. . . ~, . William and Lillie Underwood 969 West \\ nshtriston. .. oca. Olu-er and Barnftt. wm ' samuel and Katherine Finch. 515 West H UWU and Eftie Coflev 336 But Henry Gerald and Marv Jackson 125* Brooic Humid and Frieda Updike. St. Vincent I hospital, Deaths Nancv Sidon* Surratt 81 of 1427 North D< H*Tr\ rr Derniv' 0 V$ Pr Lone hosniui lobar Dn Thomas a F Dugan 63 St Vincent * ho*w r ;K..^' l 0 ? U mo ntv hospital. * e wfmam e oreer 78 of 1959 Ruckle, ce-e----br! hemorrhage , . w Madison S O-e ** Central Indiana hoinital. chronic m'-ocarditl* Virgil Emeut MrKinr.es 26 of 801 South Roena str*nt*>cocclc mentng'tis Franee, M Gray. 61 of 1203 Brook*ide. C *Err n e°sT*M*dden 58 of 1387 Oliver, myocarditis CHICAGO MARKET Itu t'nitrd I’r • CHICAGO Aur 22 Fruit and egetable* Apples— M:chlgan Duchet bushel 90*/sl. Illinois and Michigan Wealthte* bushel $1 ft 125. Michigan Alexander* bushel. $125. Pears Michigan bushel. sl*/165 Can-teloupe*-Michigan. 35cit l 0 c * rr0 '?“ Illinois 2*/2',r Eggplant--Illinois. 50 *t $V Spinach Illinol*. 50b 60r Cucumbers -Michigan and IlilnoLs 25*/50c Beans — Illinois, *1 1 SO. Michigan lima*. 50'-i6oe. BCS Illinon I’, it 2c Cabbage-Illinois. $14,1 35 Wnconun $1.50 Celery- Michigan AO--/*sc. a’ sr 75c u .sres 65*4 $1 Peppers—lllinois. 50*/ 75c Michigan. 75c'</ $1 Corn- Illinois. 304/40c Pearhev— Illinois bushel, $1 50*/1 75. Ind ana bushel. $175-; 2 50: Michigan bush-. *l5O. Tomatoea Michigan 250 35c fia’< 504* 60c nilnoi*. 25*/50c Onion Market — California yellows bushel. tl*i!2s white* buhel. sl.lo*i 125 Illinois veliows bushel 65*/ SOc lowa yellows bushel 654/ 80c Indiana whltea bushel. sl‘, 125