Indianapolis Times, Volume 45, Number 93, Indianapolis, Marion County, 28 August 1933 — Page 11

AUG. 28, 1933

Wall Street-

Domestic Economic Policies of Great Bntain and the United States Appear Identical.

Bt RALPH HFNHERSHOT TirnM Spinal Financial H'nWr The a.tn* r>' r, r < • p.tualr. and 'he Uni’ed States *vould appear to be identic.i; so t.r •-. .• • tic economic policy is concerned Both counint- desire to mr:<as the price of commodities in order •© bring income more nearly into line with deb? service and both seem to lean toward defl©• ion of currency as one of the chief methods of bringing about that r* .ult 4 One of the chief difference* between the steps tying taken by the two nation- however, is that Great Britain is attempting to manage her currency throng) >prrations in the foreign exchange market*, while

t!;c United State, apparently is depending on the threat of revaluation to depress the price of the dollar. It would seem that Gres’ Britain is passing up no opportunity to keep terhng at low international price levels One of the best evidences of 'his was her i” active ofTer to American holders of British bonds to ev.f hange 'nc-m into sterling securities it is gene.- . ;.v accept, and in foreign exenange quarters that this’ •• and eff. c of ciepr. mg sterling and increasing " r - ;.nre of dollars At any rate, sterling declined ' immediately after the offering. bob Offer Is Renewed f >f !;••< there i.,,s been tendency- of sterling to • * it. .o Gr.• Bri'ain ha? readverttsed the ofw;t;u th> idea t.f keeping the currency it tl. uunii The offer expires at the end of this 17 .-ver, and .t will be interesting to see whether it is extended. I' would have been much more simple to have

I 'a

Ralph Ilcndershot

for payrr • nt. hut they are not callable be-fare maturity 1,1 *unt of the issue outstanding before *he offer was made was $136,333 >OO. Tl •re i.s no , /■: telling how manv of the- bonds have been exehanged but inee p.* ff. eonsidered uttractive.-it is fair to assume Mint ih. number h> ■ el.<d important proportions. But this is the 0,11 ' •’ I'u t.un now has outstanding, so she will be obliged to th.nk up other means of keeping sterling down. Bankers in Disagreement ~ M '* M a ' b tik.e have looked upon the decline in 'he dollar W!,|i '■ r: " regarded it as inflationary But this does m ” : 1 •" ’• l, b fellow craftsmen across *he Atlantic ‘ u : " n Hn-ish financial imlicy in its current monthly review th< B o i,. -, . Bi'iik Ltd., said in part if >n ' i,if empire can *ee their way clear to adopt a •’ " ' '"••■ich me British commonwealth intends to pursue ttainment nd maintenance of exchange stall;, till wider area The advantages of such a course are obvi- , ' ~ni' ! ,0 Promote international trade in the imme- • also facilitate a return to the gold standard bv temporarily had to suspend it, when con--I.''-©table mr this step to b<- taken. " ' ;,v fh ' ,! sh, ‘ Barrl > s Bank. I.td, did not include im'™.? • r ;r. , ,"e,.cr nß ,h ° StePS ***** takfn bv Greal Britain to

New York Stocks ———— ~ — “ ' av Abbott. HoiiDln * Cos.)

Auc 28 10 ,10 P:v Riilrnails— High Low El>l Clo.e tO - 4!', At! Kin 30 Bari ii,ill .. . . 9>j 9’, Con*m ■>.. , . n’i n'. Con! of I;. . , 17', 17 2 Houston i new > . . 6 H • u • . !> Mo C Pei 11 •, 12' , I hlo to . 14.14’, Pit Cnrit . . . 12\, Phillip Peg . . . 11'. IV, Pu; Oil . 10 '.ft R Dutch 33‘. 32 •- Sbd Oli 27-', Shell UniM . . . 9', Sunni' P. ■ . . 10 1 * sk< iii”. o. .. g So. V.ir . . 13 . 11 s <> i.t r , :p , if, S II ol K.. 1 . 21', S O o! N I . . . 3’l' 39'i Sun Oil 44', Te .•> Cos,;, . 25 ■„ 2 , Tide., .!’• u Am Ii 9 . '■ I'l. 0,1 n! C.,1 20 20’, 2(1 , 20‘. silerls - An. 110. Mi.!, 24 , 24'. 21 . 25'. P til S.I . 41 , 42 . Bv- A M . 35 . 35', < •■I I,l* i Ac Iron .. 7 o', Cr.lt Steel 31 Hull S Steel 29 Inland Steel . . 37 Ludlum So • ... , . 16’, MrK’ e port lin ... 91’ Natl S’, el 50’, 51'i Hep Iron A S’er! .. . . . IS’, Rep Iron .v Bp. 43 C 8 Si:-'-!' 93', Vanadium 27 . 27 27 . 27' Multi! ui 14 .. C S Pip, A Pin ... Pi 11 C S Steel 57 s*', t S Steel pid 9fi 95’, Youngstll SA- T 28’, 27 1 .- Rails Atchison . ... 68'|| At I C. ’ line ... 52'. II .V i > . 34'-, 34 , Can Pc 16'. 16 a Cl; .•.Ola 4H 4F' nl .V C>t II 5 1 . t M v St. P 9’ 9 9 9 C M .v St P pfil 14', 15 fill N \V 12'. 12", Clu H 1,1 . . . 7>, Chi It I 7 pf ... ll’ in-la .v Hud . . . HI 1 . 1- le 25 lilt N'lthern pi 29’, 23 111 Central . 46 45'.• K C Soil ... . 18', Lou ,v Nash . . 56 M K . r 13 12', Mo Pi.t . . 7', 7', Mo P C plfl 9 1 . 10 >, N Y Cent ... 51 7 . >l', N V Cln A S’ I 26’. 2'", N Y C A St I. pf 30 N Y X,- Ha \tn ... 29- , N Y Out .v vV-, 13', N . foils \ We- . 180 N Pac 30 30', P. Os I! R 37', 37', 37’, 38’, Reading 51 1 , 51’, S. P. .. 31 i 32 , S "l It R . 33 . Sou R R Old 33’, l’,l< P,O .. l-’> \V • ■ • 4 , A\ MurviaiuJ . . 13’, 13', M.. 1 rs— A lurn 62 01 s 81 6’ , C . \ • I 4’.' I , 41 . 47 . to II M il ; - 93’. 33 , 33 , 34 Oil MO! 4', 4 . H ii ’.4 ,11, Hupp " s; , . ii ick If". 39 39 39’ Na: 21 1 • 21 ’ i Packard *’■ ’< ; K. 4’. 4. S’ id! :■ . ■ er 0 s’, 5 . 5 * Yellow Truck .. ... S’ 0 Motor Irrrs, — Bend.’S ... IS 1 . 19 B, 111'. Alum 4847’, Borg Wa.ne; 21 21 Brit,” 12 r.\ Enron Mt 14', 14 . Fl'c \ I. ’e 21’, 21', 2!' 22'. 11 ad Hr: he 5 4’, Mullins Mfs . ... 7 Murra* B rlv . ... * S' w Warner . S', 8 , , T. i’Atr. Ho! 31’, 32 Minins A i. Jut 29'. 28 ’ 28-. 30 \:o Smelt 35 . 35 38 39 \n .1 > da 18 - IS 1 , 18\ 18'. Cal .v Hecl.t 6', C ,o IV R.< , 36’ 3 38_ | Grant - ’ 11', Gt Nor Ore . I3’ Home’ • ”, 296’. H >'• S’ .--d - Ins Cooper ■ •’* in; V. 20 . ' 2i", 20'. 2’. I. Cri • s C , 25 Ker.r -• C n 22‘. 23 Nr’ t ; 3’-, 33'. Phelps P list IS 15'% 15'. 15', P’.’ts C IS * 3 1 4b4* CGS* A ; S-- 4P 4m S.. 7 •? 20' 3 \m T ... 4 88 \ir. Tob H 92’.- 97*, Sl’. 92k Orn C;c. 33', 39 1 , A- Mvrr.s Bi . . 97<, 9*', l *ri ard 23 "• 23 Re". :;c and. Tab B 53 52'. '2'. 52', I uuipnienl,— A”;. Chalmers 20". 21 Am. Ca .v Fa 31 3l . 31 . 32>, \ 1 34 \ • Me. •. Fd* 18 , ’.S', 24 llal.l Lot ’. 4’* ’.4', ft -otic. • 17’, C • J 1 78 7? O’er Tr - 25 24', 25 24'. C gat Pam Fee’ 18'. i 2 24'. F Btor Ba" 44 3 48 . : - -t Wheeler 19'. Gen Am Tk C r 38*. 38’. . 2-' . Ger. Tv R Sift 42 fcic.,l Rand S5 64', I;.’ B M Ch 15’. . 4". ~ s', 4. ' , 11 Nat. Cash Reg 10*. 2’. Pr >t A Gamble . 44 Pullman Inc 54* 54 Simutor, Bed .- . Bile . . 3" , 4\e,t A:: B . 33 ; V .' 4B W rth ne’er. Pm 3C. 30 s a l 1111 l Its Am A For Pwt . IS', 13*. Ar; P'er A- Lit ’.2', ’.2’ ’.2 , A T A T 12* . ’.29 12'-. 129'. Am. Wat Wk 30', 30', Brook t*n Gas . 78 Cos! Gas A Flee 19*. 19’, 19’, 19', C l G A F pfd "S Com A- S u Sr 3' 3-’, 3’, Consol Gas 4-", a>, 4s-, 50 F'.ec Ptvr A- I!t 9’, 9', 1' . l' - - " . tou O A- FA 20 Nat Pw r A- I ’ 14 , li , :; , 14 N-rth Arr-r 24’.- 34’. 24'; 24 F G ’. F ... Pub S4er* N J 4!' 3 4’ ; 41 , So Ca! Edson 2020’, std G. * IV, S'd Gas pjd . 16’, 1 :ted Cup s’. t ** 6>, B', | fn Gas I rap 19*, 19’, 19', 19-', V. Pwr A LP A 4’, 4’, | \Yt ’em Onion .. 70'w 89', 9' 70’j , Rubber*— Eirestop-e 27H 37 27* 28 \ Goodrich 17. 17Vi IT 1 , 175, 1

U S Rubber ff* JJL* l s !( :b pfti ' ‘j’." • ; ;;; ; 3 J.;* %muNrnient v Croklev Radio . .. ln "5 Eilni . ' J $¥ -- 3 Su 33 k Warner Bro* ... . V. 2 k <MfU ' S‘.cu ... c■A i ir.'Djr .X !*' • fire (' ♦ m / i; rrirn p rM rj ; ; ;;; " Uora A! ' 32 • 3 i’ *3l ’ il'" •'on', Ba : A < rn Fori "• Urn, r Whr.v .’* ’s'”" 32 * L-in 9:, . ::: %[' 3 Va- Bl c r:i:t * ,;>. k • .. n*l 20.’ 1 / o Kie n 3 |-: f." ! . "S 29*. 29Xi 20 . tfy, , •• :•■ ' Retail Hi v Goods F'A- Cos ... •" ** (Cm ~n] Bro* . .- 3 3 • i r: ?>*>:■'• - 15 K;e*ge S S . " *" Kroerr C.ros . ip * ij Mary R H 75. My iVi • st . • " 55 M",„ Ward *27*l 07 a, •>-•,. ,2, Bafewav £ ,7 ’‘ '• ft* S- : Ro©: irk 42'. 2’ 42’ 41 W v'i’ai’ion— 38*. A'l.i' o© Corn 12’. 12’. 17'. 12’, ' ' ',a *■ \:r is ,5 < Wright 3 ' -3 • 3’, 31. Wright A 7 i 1 N r In: Av -.1 -1 ,' r - 38*1 3f , 39\ * n-mir.il* Air Rrrinrtlnn . . . 106’. in7>, .... 3", <••'■:•: A .rohOl 69 ’ 4 69 6 9 1 . 70 Uo: Carhor, 66 ss U’-tn Sol ents 4(". .19’, 33*, 401, Dtipr.rt R2'. 82'. 82'- 83’, Frrr;i©r' Tex 42’, 12 42 42’, I 101. '1 Carb 3*l. 35 IT 'h Alkali 37". 37', 37 'f 33-/, Tr\ G.iif Slllnh 33’, 33’, 33’. 34, U, :or. Carbide 49 49,, F S Indus Alco 76 74 , 74’, 76', N'.v Distil . 95'1 95 95", 971, Drugs— Cotv Inr S’, s'. s’, 5L Drug Inc ... 46’, 47', I atr.bert . 31*. 31 Zr, ,'■ Pi 1 . . 6 l 6', 6'. 6 I inanrial— Adam.' Exp . 11’* U 11 11 A’leghet-.v Corn.. . ... 6‘; 6’, Clm-:, corp ... . . .. 52 Tram an • r;r. ... . . 7'j 7’, Tr C-m.tl Corp B\ BnMdint; •4th Fadin' r . ts>, 16’, (if. 'sphalt . . .. ... 22', 22'- • • , , .... ... || John* Mnnrille 57 56,, 5,;,, 57, . Lt- n Owen* U.:* 31 T ANARUS, 31 (1 31’", O Fie 19'. Uien Con*, ... . , J , Mi.rellaneoii,— A" 1* ik N 'e . 21' 2! 21 21 Vm Cat ... 92 ’ 93'.X: rl: >r Cap 28'; 2S\ Br .’Vi Mrn Tr 33' ; 33', Con'l Cm 64*. 64’, 64’, 64 F. 11 Kodak 84 83'. Bi 84 Owens Bottle 82'j 81'Gid'tte . 14’, 14'; 14', 14*; (Id," . 19*. 19’. 19’, 19 s , 12’.- 12'. Indus R.!'. n 73 74', Inter Rap and Tr 7'; 7\ 7', ... Rea: S!'-. Hose 14*, 141,

Foreign Exchange

Bv AbboM. Hoppln A- Cos. —Aug 25 Close Sterling England . $4 *2 Franc r-.ir.ce P.V3 ... .0757 !<•'ca Belgium .. 2(Pfl 3425 H Pd 5790 8l 11 .1190 Kr T.e N’niv 2350 •< . .207 9 DENY BREAD SHORTAGE Russian Officials Assert Wheat Crop is Sufficient /! 1 nif'.l Prr„ MOSCOW Aug 28 —Wheat crop figures issued by the government statistical bureau today were cited by officials as refuting reports abroad that millions are starving due to a bread shortage The report showed that 75 per cent of the nation's wheat crop had been reaped by Auc 20 This set a record, the authorities pointed out. supporting official claims that Russia's food difficulties already had been mitigated Ample bread for the entire population was assured, they declared EX-POLICEMAN IS DEAD .lame* Wells. Retired. Succumbs After Operation. James Wells SS> of 70 South Warman avenue, retired policeman. died today it Methodist hospital, where he had undergone an operation for gallstones. He was appointed to the police force on March 17, 1909. and was retired March 12. 1929. on a physicians recommendation, because of physical disability.

GRAINS IGNORE BULLISH NEWS, SHOW LOSSES Higher Prices Forecast in Wheat Market: Corn Irregular. BV HARMAN W. NICHOLS t Filled Pr.e Slit? Correspondent CHICAGO. Aug 28 —Prices on the Chicago Board of Trade were off \to l r , cents on wheat at the opening today. Weakness in stocks, disappointing cables, and an accumulation of week-end selling orders depressed the market at the start. Bullish Argentine news was ignore-*. Trading was light, other grains taking their cue from wheat. Corn was unchanged to \ cent lower. Oats - to T cent lower and rye . to 1 i cents lower. Provisions were dull and about steady. Higher Prices Expected Higher prices are expected for wheat In the pits if the London pact receives the adherence ol principal countries, though no runaway in advances is likely. Officials believe the upturn will be gradual. There still i.s a surplus of wheat but this situation probably will be relieved with curtailment of world acreage. Clearing house officials this morning announced a decrease of a cent a bushel on marginal limits. The Liverpool market was reported higher. l orn Sentiment .Mixed The corn sentiment was mixed. Those anticipating a bullish condition were buying on the breaks while others were selling. The prime factor in this situation is the pressure of September liquidation. A good demand for oats was voiced by cereal interests. Because of a shortage of oats in certain sections, it was believed that wheat will he fed largely in these sections.

Chicago Primary Receipts Aug. 25Todav Last Week Wheat 1.168.000 962.000 Corn 321 000 304.000 Oats 380.000 567.000 Chicago Futures Range 'Bv Abbott, Hoppin fi Cos.) - Aug. 28 WHEAT— Prev High. Low. 10 30. rlose. Sept .88' . .87’, 87’, .89", Dec 92 .91 .91'a .92’, May ... .35', .95.95', 97', CORN— Sep! 50 * 49*, SO’, 51 Dec 585, 55', .55 s , .56’, May 61', .60*, .60', .62 OATS— SfPt 38'; 38 38', .38*. Uec 40 , 40', 40*g 41‘, M rye- 43 ’* 43 '* " ,3^ Sept 72*4 72 72 "3 27'; '.77, '.7B'; May . ,83'v 83’, 83'; 84 • BARLEY J fr p ' -• 54 54 54'; Ufc 59'; 59 .59'; .60 INDIANAPOLIS WAGON WHEAT ' . Clt .\' * ral " elevators are paving 79 rent* .or No 2 -oft red when;. O'her grades on them merits. CHICAGO 1 ASH GRAIN Itn I ml, tl I’ri lu f HU AGO. Aug. 26 Cash grain close iWneat No l hard. 89'. .89'.,: No 2 hard. 88 ',c; No 1 yellow, hard 88 ,r No 2 mixed, 88, corn No 2 mixed. Sl’,c' I No 3 mixed, 50A,c; No. 6 mixed. 48c No 2 yellow *l©o!’,c. No. 3 yellow 10',©51c; No 4 * ellow .10 , ©Sir; No. 5 yellow 49- . © in'.c. No. 6 yellow 45c. No 2 white" ■> 3 ’ 54 1 -e; No 3 white. 53’ c: No 4 whde. >2Tc. sample graoe 43c Oats— No 2 white. 37', ,38 Tr No. 3 whit< 35’, ©3.’,r No 4 white 35',c. Rve No sales. Bariev 45© ,3r Timothy Clover- *lo© 12.75. TOLEDO CASH GRAIN /.'© I nitt'l 1-r, *. TOLEIK9. Aug 26 Grain close: Grain in eirvators. transit billing Wheat No 2 red. 91'; ©92Ur; No 1 red. l ©lTc premium Corn No. 2 yellow. S6';©s7'jc Oil's No 2 white. 41 © 42c. Rve No 2 81 ©B2c Track price* 28 r Wheat No 1 red. 87'. ,39c. No 2 red 86'*© 87Tr Corn No 2 yellow. 52 ©l3c. No 3 vellow 51 ■/ 52r Oat* No 2 white 35 -40 c No 3 white. 36' ©3:i' .r Seed rio*. Clover Cash S7 20. Ortobe- $7 45 December $7 60 Alsike Cash. $8 50. December. $8.75 Prrduce close Butter Fancy creamerv. 27c. Eggs—Extras. 152 15';C. Hav Timothv per cwt 70c. 6T LOUIS CASH GR AIN Ru I'niti <1 Print ST LOUIS. Auc 26 Cash grain close Wheat In fan demand. T©2'_c higher; No 2 rpd. 90©90',.c: No 3 red. 33' > 90c : No l red garlicky. 84 ,88',r No 5 red ! garlicky. 84c. No 2 hard. 90' r nominal: No 1 mixed 90c Corn In fair demand inchangri: N'(, 2 yellow, 51’, © 52c No. 3 yellow. Me No 4 how. 51r. No 5 ycl'>w 49c N 2 white. 55Tc Oat* • In fair 1 demand, unchanged. No 2 white. 38',c: No 3 white. 37’;C

Indianapolis Cash Grain

- Aug 25 The bids for car lo;* of grain at the call of the Indianupoi * Board of Trade, fob shipping point, basis 41'* Nca York rate, were Wheat Strong; No 1 -ed. 79'_•'© 81'. c: No 2 red. 78T ißo'.c: No. 2 hard. 7S'.;© 80' *c. Corn— Strong: No. 2 white. 48’;<.|49’*c: No. 3 white, 47' ©4B' c: No. 2 vellow. 46 : 47c No 3 yellow . 45 : 46, . No. 2 mixed. 45 © 44c. No 3 mixed. 44© 45c. Oat Stron; No 2 w hite. 33 ©34c: No. 3 white. 32©33c. Hsv Steadv ,f. o b country poin’s taking 23' . i or less rates to Cincinnati or Loutvnlle, No i timothy. s6<i6 50. No. 2 timothy. 55 50© 6 Inspections— Wheat No ’. rod. 2 cars; No. 2 red. 2 car To-a| 4 cars Corn- N 1 white. 1 car: No 2 white, 5 car.*. No 3 white, 2 cars; No. 1 yeilow. 1 car No 2 vellow. 1 car: No 3 yellow, 13 car* No 4 vellow. 5 car* No 5 yellow 1 car: No 6 vellow. I car Total. 30 cars Oats No 2 white. 4 car* No 3 white. 15 car*. *amnle whi'e. 2 car. No 3 mixed. 1 car Total. 22 car* Rve No 1. 1 car To'al. 1 car FRI IT SND VEGET ABLES Hu Vn '•© /’rrm CHICAGO Aug 28 App.es- Michigan and I'.iinoi* Wealthtes bushc;. 90-© $1 Michigan Duchess bushel. SI 90 pears— Michigan bushel. $1 251: fSO Canteloups— Michigan .50 ©*l 25 Carrot* Illinois. I'* •2c. Eggplants - Illinois bushel. 40fi 50c Spinach Michigan. 65 7 7'c Cucumbers Michigan. 50©. 5c Bear* lUinoi*. *l© 1.35 Beet fillnota r ©Jc. Cabbage— U'.-.r.o*.* $1 '.25 cler: Michigan ff 1 70c Pepper* Ill'.noi* bushel. 25 ©6sc. Corn Illinois 15950 c Peaches Illlnol* bushel : 2 ©2 35, Tomatoes Michigan 12 quart 20'©35c Or.:o:i Market CaliforniaYellow* bushel $1 10 ■ 1,15 IlUnoi; Yellow s bushel. 75c ©sl le va Yellows bushel. 75c 51 Indiana Whites bushe'.. sl/110

Daily Price Index

Itu l nit' ,J i’rril Jffcw YORK. As 25 -Dun A- Bradjtrec: > da.'.v weighted index of thirty ba*ic commodities complied ter the United Press (1930-1932 average 1001 . 3 n 10144 Week ago 100.97 Month ago 107 04 Year ago 79.97 1933 high 'Julv 19. 113 52 1933 low .Jar. 20. 67.88 Copyright '933. Dun * Bradstreet. Inc . QUIZ 3 ON SHOPLIFTING Two Held in Bloomington. One Is Detained Here. While two members of an alleged shoplifting gang are held in Bloomington. I:id . local pol.ee are holding William Bacon. Negro, for questioning. Bacon was arrested in a house in the .500 i k North Senate avenue, j where a quantity of clothing, said j to have been stolen, was found in his automobile. A man and a woman are under arrest in Bloomington.

THE INDIANAPOLIS TIMES ~

Chicago Stocks ' — K Abbott. Hi Don Ase

TOTtL SALTS. M.IKIO SHARES —Aug 2>— . _ High. L©. C7oe Abbot L*b _... 3 ? * Ari Produ l "* IS 13* I*, American Yvette ' '• . Armour common 10 9i #. Armour oarrar.'* .. 3 A*be*to Mf* .. 4U 4 A A 1 -oc Telephone Util.- .. ... ;a B-.n B. '*ir.g . ®T E-'-.dix A--a'len i9T IS 1 * 13 * Be-ahotT Bren Cos 1* 12'-* 13 Bir./c* Mfg Brach A- Sons 9 Bs.8 s . Brown Fence A- Wire A Butler Bm.s . ..... ... * Cent 111 Secure:#* com .. ... 3 * . .. C#ht Pub Ut:l V T C ’* Cent A- So West 2’* Cent A- So West P L pf . . 1 Ch: A- Nor'h We*'ern 12H 12 12'. Chicago Corp com 3'. 3** 3*. Chicago Corp pfd . 26'* 23 23'* Chicago Flexible Shaft Ch cago Mail Order ... IST C' e* Service .. ... 3' 33 Commonwealth Irtison 58 57’* 58 Constrict MtterUl* pfd Cor.-:n’ita: Steel Ce rd Corp 13 12’* 13 Crare Cos pfd 35 Dexter Cos General House Util ... 17 16 17 Gr* ' Lake* Aircraft ’* Great Lakes Dredge ... !4’ 14‘j 14L Origsbv-Orunow 3 2 T 2'* Hall Printing *'i SN 6'j

In the Cotton Markets

-Aug 26 CHICAGO High. Low. Close. •tan'igrv 16 17 10 r '2 10 02 March .. K.. 32 10 20 10 20 Mav 10 47 10 35 10 35 October 9 84 9 72 9 72 December ........ 10 07 987 692 NEW YORK January- 10 10 991 JM March .10 23 10 07 10 14 Mav . . .. 10 40 10 26 10 30 Julv 10 34 10 42 10 46 October ...’. 9.77 660 9.88 NEW ORLEANS Jar.uarv 10 00 9 89 9 89 Mav 10 37 10 26 10 26 July • 10.41 October ... 969 936 9a9 December 994 9. ■ 98. Other Livestock BY UNITED PRESS CHICAGO. Aug 28 Hog* Receipts. 45 000 including 11.000 direct, approximate:-,• 20 000 pig* and l 000 piggy sow* in run. slow, steadv to 10c lower than Frida' 180-220 lbs *4 40 , 4 30; 'op S4 50. 230-330 lb*.. $3 6.3'., 4 40; light lights. t3 83 ,4 25 romm'rcihl pig*. S3 50 down, packing sow*. $2.60 ,3.30. light light*. 140-160 lb*, good and choice. *3.65© 4.35. light weight 160-200 lbs good and choice. *4 10© 4 50; medium weight* 200-2ao lb*, good and choice $4.10© 4 50; heaw weights 250-350 lbs . good and choice. S3 JO-, 4 25. packing sows 275-500 lbs. medium and choice. *2.40-., 3 3.5; slaughter pig* 100-130 lbs. good and choice. $2 25© 365 CattleReceipts 10.000- calves, receipt*. l.aOO: largely ©eer and yearling run. lower; small killer steers. $6 25*, 7; top Si: supply light dealers 50c lower slaughter cattle and tellers steers mJ'PJSL *£! good and choice. s.a.2a© . 25; 900-1100 tb. ■ . eood and choice. $5 25© i 25;_ 1100-1300 lbs good and choice. S5 50© i 25: I, 3 001500 lbs., good and choice. So 50© .25 550-1300 lbs common and medium. *3 ~ 550 heifers. 550-730 lbs . good and choice. *4 73 ,6 25. common and medium $2.50'.. 475 cows good, $3.50'-, 4.50: common and medium $2 35© 3.50; low cutter and cutte- $1 25© 3.25. bulls, yearling* excluded ood beef S t 25© 4 cutter, common and medium *2.25© 3.35: vealer*. good and choice $6., 7 25. medium. *5 so*, 6: cull and common. S4© 5: Stocker and feeder cattle steers 500-1050 lbs., good and choice *4.50 ,(5 25; common and medium *2 25'., 4 Sheep Receipls 20 000. slow , few sales and bid... about steady, packers bidding 25c lower; lambs *? :s © 6 ,' f ’ ; laughter sheep and lamb* lambs 90 lb.down, good and choice. s6'., 7.10: common and medium *3.50© 6.25: ew e* 90-150 lbs . eood and choice. *lso© 2.75 ail weight*, common and medium. 75c© $2. feeding lambs. 50-75 Jbs.. good and choice. S5 Bo© 6 35 EAST ST LOUIS 111.. Aug 28 Hogs Receipts. 50 000 including 700 direct and approximately 40.000 pig* and piggy sowmarket opened steady; later bids around 10e lower (ew strong weight pigs and light lights, weak to 25c lower: no light pigs stud; top $4 50: bulk 170-225 lb* . S4 35'., 450 few 230-250 lbs. s4© 4.25; no heave ■ sold, bulk 150-166 lbs. $3.75© 4 3a few 130-140 :b.* *3 25 © 3 65: sows. S2 65© 3 Cattle Rereipts. 5.000 calves, receipts, 2 500; market slow bidding lower on stee; and beef row*, other classes opened abotf steady with close last week • mixed yearlings and heifers. <4.50© 6.15; all small So - low c i'te • were largely $1.25© 1.6a: top sausage bulls. $2 90. good and rh.oice v.-tilers. $6 50; slaughter steers. 550-1100 Hr... good and choice *5.25© 6 75. common aid medium. *3©5.25; 1100-1500 lb*, choice *6 25©6 75: good. *5 25© 6.25; medium <3 75© 5 25. Sheep Receipts. 3 000; few slow few choice lambs to city butchers weak to 25c lower at *6.75©7.25: packers talking 255 1 50 c lower indications .’eadt on throw, >-r* and -her.- lambs. 90 lbs. down, good and choice. $6 25© 7.25; common ar.d medium. $3 50,.,6 25. yearling wethers. 90-110 lbs, good and choice. *l©s ewes. 90-130 lbs good and rhoiee. $1.50©2.75: all weights common and medium. sl©2 EAST BUFFALO N 3' . Aug 28.

Hoks 0/1 sale, 9 300. including approxiniii'ely 4.500 on government order: market generally steady to 5c under Friday's average bulk desirable 110-200 ih* s4.Ba© 400 220-250 lbs.. $4 60'© 4 95. 120-150 lbs., mostly *4*o Cattle Rereip**. 1 750: lightweight steer* and yearling*, barelv steady, weight* abo' e 1 000 ihs . 25e lower choice s’eers held above $7; bulk good drvferi* 6©6.50: fleshy jdain crasser* and *hort fed*. $5 25'© 5 85; plain crass steers. $4 25-/4 75: cows scarce steady: cutter grades. $175©2 50; 600 vealers unrhanged good to ehotce. largely SB. few *8 50 Sheep- Rereipts. R 700; better grade lambs sraree. active, steadv medium and lower grades dull, largely good to choice ewe and wether lambs. $7 59; medium kind* and fat bucks. $6 251/6.50: thrownuts. Ss©s 50. CLEVELAND. Aug 28 Cattle Receipts. 900; qi/all'v varied: market slow and 2Sc lower in snot- choice 750 to 1.000-lb. Me* r* *6 50 /7: good. 550-900-Ib steer*. $5 50© 6.50 good. 600-1 onn-!b. heifers. $5 10 ©6 good cow*. $3.25© 3 75: bologna bulls. 52.25W2.25 Calve* Rereipts 1.000; market active and steady; choiee to prime. $8 ©8 50 choice to good. s7©B fair to good. s6©7 Sheen- Receipt*. 3 000; large run: market tadv: choice we'her . $2 50'© 3 25. medium to good. $1.50 ©2: choice ewe . hw.idv* w-fght S2'©3: choice nring lambs. *7 25 >7.50. Hoc* Receipt*. 7 000; include ©re than 4.nnn pics for covers- lent Hog* >t.p 3 rent* a’l *o!ri: heavies <4 4 rhoiee butcher*. 220-250 lb* $4.75; light butcher* $4 75 FT WAYNE Ind. Aug. 28 Hoe* Market lOe up 200-225 lb* *4 225-250 lb* . $4 35 250-275 lb*.. $4.10: 275-300 lb* . $3 90: 300-3*o Ihs $3.65 160-200 lb*. *4 40 1.10160 lbs *4 1'- 140-150 !b* *3 90 130-110 lb* *3 60 100-130 ibs.. *3 /3 25 rough*. *3 * - ac* *2 calves, $6 lamb*. $6.75. LAFAYETTE. Trd . A".g 28 Uog Market 5 cent* higher 200-230 lbs . *4 29'© 435 230-250 lb*. $4 1017 420 250 270 lb* S3 90© 4 270-290 lbs . $3 70© 3.80. 290-325 lb* . $3 40© 3 55. 150-300 lbs *3.85© 4 30-130-150 Ih* *3 25 -3 55 100-130 lbs. $2 50 /3. roughs. *2 75 down, top calves. $5 50; top lamb*. *6 75 Hu Timm S fir rial LOUISVILLE. Aug. 28 Ca'tle-Receipt*. ROO run mostlv grass*- slaughter classes, ou'let for these very res'ricterf: earlv trading dull steadv 'o 25c lower on steers and heifer* other classes little changed bulk grass steer* and heifer* saleable. s3© 4: cutter graded down to $2 SO; few to *4.50 and only few fed offering* eligible to $5.25 or better; bulk beef cows. $2 255/ 2 75; low cutters and cu-ter cow*. sl(©2: bulk sausage hulls. $2 75 down: odd head to $3 native s’ocker* and feeder* saleable mostly. *4 down: crod b.ereford stock calve* to a • •ot established indication* weak on vealers hulk bet'er grade* Saturday *5/5.50 few str'.ctlv choice to $6 Hog* Receipt*. 1 100 market 5c lower 180-235 lb* si4* 740-275 lbs $4- 280 lbs. tic. $3 75; 140-175 lb* $3 60 135 ih* down $l9O. sow* $2 60. 'tic*. $1 *5 Sheep Rereip-s 2.000. including around 1.000 sock ewes; market not established on lamb*. Indication* no better tbn s'eadv: bulk medium to good •rick limbs Satu-dav $6 50 ' 7: s-ock ewes saleable mostly s6>©7 for he”fr kind.*- reeeip!* Saturday Cattle 113 calve* 535. hog*. 227 *hecn. 6is Shipment * Saturday; Calve*. 463, hogs. 119; shep. 431 TOI EDO Aug 38 Hog* Rere;p?s 250; markf’ 5© 10c ower heavy Yorkers. $4 50 mixed air'd hulk of sale- 54.50 pigs ar.d kchf* $2 751/2.75 medium and heavies $3 75 6 4.50: roughs. $2/2 75 Ca’Ue -Receipt*. .350 market 25c lower good r o cho-ce feeding steer* $5,7 6; good butcher bull* s.3'©? *5 common to light heifrs. *317 4 good to choice tocker* $5-6 6 c ::•• *- Receipr* light: marke' ?eadv. Sheep and lambs -Receipt*. light: market, steadv

40 TAKE EXAMS FOR JUNIOR MESSENGERS Civil Service Hearings Hold Here: Nurse Posts Open. Forty applicants for the position of assistant and junior messengers in the federal service at Washington took civil service examinations this morning The salary is from s6oo to si.ooo and is open to any one from 16 to 20 The civil service department ha.=announced that application for graduate nurse, visiting duty, with ;a salary of SI,BOO. and nurse technician with a similar salary, must be filed with the civil service commission at Washington before Sept. 21. The applicants must be under 40. Production of 1.000.000 tons of sugar annually from wood is projected m a research report to the Swedish government forestry comnns--1 sion.

H*udillle-Herrhev B 4N Ka.amaroo S*ove .... 24 23'a 24 Kingsbury Brew Cos .... 10*> 10 10 Libbv-McNeil . sv Lvr.'h Corr 33 37'j 38', ■ 111 I 15 . 15'; McWilliams Dredging Cos .. ... 14 5 M ■ ■ • - . ... >, M . Wl p A 1 .. ... 2 Midland United .. ... Muskegon Mat Spec -A B'j Nation*: Batery ...... .. 23 i Nat Securities inre*t . I'. 1> 4 15,l 5 , Na ionai-Standard . 24 .- 24 24-j National Union Radio I>, Noblltt-Spark Indu 125 ! * 24 25 No Amer Light A- P: 3 North* Bancatporation .. ... 7'a O*!uco.h Overall Prima Cos 26 Pufc.ic Service N P 33 Quaker Oa-s 13* 131. 134 5 a Reliance Mfg Cos ... . H 3 14 . 14 J Reliance Mfg pfd . 90 Rtd Dredg.ng Cos. pfd 2'j Studebaker Mall .. u Swift *Co 26'j 24 . 26', Utah Radio .. l> 4 Utility Ar Ind 1". 1> 4 l\ Utility A Ind. pfd Vortex Cup Cos. A ' ?B‘, 26 26 PLACE RESTRICTIONS ON SALE OF PIGS Receipts for Government Sale Flood Market. Owing to the unprecedented number of pigs flooding the market at the Union Stockyards, shipped here for eovernment purchase as part of the plan to raise swine prices, local offices of the United States department of Agriculture have placed restrictions on sales of the young porkers. After today farmers having pigs to sell under the government plan will have to communicate with their commission agents at the Union stockyards, notifying them of the number of pigs they have for sale. The commission men will secure a permit from the United States department of agriculture offices for the sale of the pigs, and the date on which the pigs may be shipped. This information then will be communicated to the farmer. These restrictions apply only to the sale of pigs under the government purchase plan, marketing of hogs for the general trade not being affected.

Produce Markets

Delivered ln Indianapolis prices: Hens, heavy breeds over 4T lb*.. 10c: Leghorn*. 7c Broilers Colored springer*. IT lbs. up. 10c. springers ,Leghorn© IT lbs. up. 7c: bareback*. 7c: cocks nr.d stag* 6c. Leghorn cock* and I-eghom *’ng*. 8c Ducks, large white, full feathered and fat. over 4 lbs. 4c small and colored. 3c Geese full feathered and fat 3c Young guinea* 20c: old guinea*. 15c Egg* No. 1 fresh country run eggs. 13c Each full egg case must weigh 55 lbs gross: a deduction of 10c per lb for each lb under 55 ,b* gross will be made. Butter No. 1. 25© 26c: No. 2 22(1 23c. Butterfat 17c. Quoted bv the Wad lev Company. BY UNITED PRESS CHICAGO. Aug. 28. Egg* Market steadv, prices unchanged Receipts 7 745 cases; extra firsts. 15© 16c; firsts, I4T© 15Tc; current receip-s, 12-/13TC; dirties. llTc. Butter Market steadv. prices unchanged. receipt*. 15.398 tub*: specials. 22T© 23c: extras. 22c; extra firs- - 21© 21 Tc. first* 18T©20c: seconds, 17© 18c. standards 21 ’c. Poultry Market, steady, receipt*. 21 trucks; fowls lOoUTc; Leg- — ©9c; geese. B©9c; turkeys, 101/11c. roosters. 7c., breviers. 8© 13T< Cheese Twin*. 11’, ■/12c; longhorn*. 12(>/14Tc. Potatoes On track 265: arrivals. 1,72; shipments Saturday. 531; shipment Sunday 26. mar--6C supplier heavy, trad ng modern to slightly weak. Wisconsin Round White , $2 15© 2.25: Nebraska Cobbler*. *2.25© 2.35: Idaho Cobblers. $2.40© 2.45; Idaho Russets. $2 50. Colorado Triumphs *2.50: Washington Russets. $2.50.

Retail Coal Prices

The following prices reprt;*e it 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: egg. $5; mine run. $4 75 Indiana No. 5 Lump. $5: egg $4.75 West Virginia—Lump. $6.50: egg. $6.25: mine run. $6. Eastern 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: egg. SB. Semi-Smokeless—Egg or lump. $7 25 Coke —Egg or nut. $8: pea sir.es. $6.75. NEW YORK COFFEE FUTURES —Aug. 25 RIO High. Low. Close. January ... 5 91 March 6 08 5.81 6 08 Mav 6.15 5.99 6 15 July 6 20 September 5 63 5 53 5 63 December 5 89 5 61 5 83 SANTOS January . 8 27 March 8.45 8.32 8 45 Mav S 55 8 40 8 55 July 6 46 8 45 8 43 September 8 00 7.80 7.97 December 8 27 8 08 8 25 Pairs of linen gloves were among the clothing of the Egyptian pharaoh Tutankhamen who lived in the fourteenth century R C.

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SWINE MOSTLY NICKEL HIGHER IN FIRM TRADE Receipts of 11.000 Include 3.000 Pigs for U. S. Purchase. With the start of government swine purchases at the city yards this morning hog receipls jumped to 11.000 including 3.000 pigs. Facilities for handling up to 5.000 pigs a day have oeen provided by Kingan fc Cos., and the Armour plant. The killing will bo done here. Prices were mostly 5 cents higher on the bulk of receipts with underweights steady. Weights of 160 to 230 pounds sold for S4 45 to 54.50; 230 to 260 pounds. $4 15 to S4 35. 260 to 280 pounds. 53.95 to $4 05; 280 to 300 pounds, $3,75 to $3.85; indefinite market on weighty butchers; 130 to 160 pounds. $3.50 to $1: 100 to 130 pounds. $2 75 to $3 25. All slaughter classes were dull in the cattle market Nothing much done with a few scattered sales around steady. Most b.ds were lower. Receipts were 700. Vealers were steady to 50 cents off. selling mostly at $6.50 down Odd head moved up to $7. Receipts were 500. Lambs were around 25 cents lower than Friday, sales generally at $7 down A few made the market a' $7.25. Receipls were 1.500. Hogs were slow at Chicago, asking strong compared with Friday’s average. A few bids were weak to 10 cents lower at $4.50 downward. Receipts were 45.000, including 11 000 direct. Holdovers were 1.000. Ru 1 included 20.000 pigs and 1.000 piggy sows. Cattle receipts were 19.000; calves, 1,500; market weak in both instances. Sheep showpd a lower trend with 20.009 new arrivals.

HOGS Ann. Bulk Top Reciupt* 21. *4 65© 4 70 *4 75 C 500 22. 4 60© 4 65 465 9.500 23. 4 45© 4 50 4.50 7.000 i 24. 4 45© 4 50 4 50 5.000 I 25. 4 40© 445 4 45 6 000 126. 4 40© 4 45 4 45 2.000 28. 4 45© 4 50 4 50 11.000 —Light Lights—-'l4o-160, Good nnd choice ..* 3 75©? 400 Light Weights—-,l6o-130. Good and choice ... 445 •180-200, Good and choice ... 445 Medium Weight*— 200-220, Good and choice ... 450 220-250, Good and choice .. 4 25''., 445 Heavy Weight*— 250-290, Good and choice ... 3 85© 415 290-350, Good and choice .. 3 25', 375 Packing 50w5,350 ,350 down. Good 3 00© 325 ■ 350 up. Good 2.30© 3.15 >All we ghts. Medium .. 2 50© 3.00 —Slaughter Pigs—-'loo-130, Good and choice.... 2 75©. 3.25 TATTLE Receipts. 700; market, steady. 11.050-1.100, Good- and choice S 5 25'© 700 Common and medium 3 50'© 525 • 1.100-1.500. Good nnd choice 5 25© 7.00 Common and medium 4 00© 525 Heifer*— •550-750, Good nnd choice 5 00© 625 Common and medium ...... 3.00© 500 ,750-900' Good and choice 4 50 © 600 Common and medium 3 004/ 4 50 Cow.* Good 3 00© 3 7.1 Common and medium 2 35© 300 ; Low cutter and medium I 25© 221 | Bull* 'yearling* excluded' Good 'beef, 3 00'© 3.50 i Cutter, common and medium. 2 00© 3.00 VFAI.ERS Rereipts. 100; market, lower. Good and choice S 6 00'© 700 I Medium 4 50© 6.00 Cull and common 3.00©. 4.50 —Calve* — 12.60-5001 ■ Good and choice 1 00© 550 ! Common and medium 2 00,© 400 Feeder and S'ocker Cattle — ,500-800' Good and choice 4 25© 5.50 ! Common and medium 3 00© 4.25 ; •800-1.509 Good and choice 4.25© 5.50 j Common and medium 3 00© 4.25 . SHEEP AND LAMBS Receipt*. 1.500: market, steadv. -Lamb*. Shorn Basis 90 lbs. down, Good <v choice * 6 50© 7.25 : ■9O lbs. down, com nnd med.. 3.00© 650 j —Ewes—j Good and choice 175© 2 75 : Common and medium I.oo©. 1.75 Other Livestock BY UNITED PRESS PITTSBURGH Aug 23 Cat'le Receipt 800 market slow, loweq* steers. 900-1.100 lb* good. *5 25© 5 75: medium 54 75© 5.25. common. *4 ,4.50: 1 100-1.300 lb*., good. *54,5 50. meduim. *4 75 © 5.25. heifer*. 700-! oo n lb* medium *3.so'© 4: cows. good. 52 25© 3 50: common and medium, *l.so'© 2.75. bulls, common to good $2.75'© 4; fresh rows and springers s2s© 70. Hogs Receipt . 2,000; holdovers 1.200: rnarkc. steadp heavies. 240-300 lbs. $4 25© 4 50. heavy mixed. 210240 ibs $4 60 ©4.75 medium*. 180-210 lb-. $4 75 © 4.8. heavy lorker- S4 60© 485 Ugh - Yorkers. 120-145 lbs.. $3,754,4; pigs 90-111 lb*. *3© 3.50: rough* s3'© 3.25. Sheep ar.d lamb* Heceip’s 6.000. market active, s'eady: iamb* good to choice 90 lb*, down. $2,254,2 50; medium. 90 ,bs. down. S3 medium. 91 Ih* uji s*Sfl©6 50. sheep, wether* prime. $2 75 ©3 11. fair ,o good sl.7S'2 25: ewes medium to choice 51© 2.50. Cubes Receipt*. 700: market steadv. tronger. vealer* good *6 75© 7.50 a few at $8; mediums $4 50'©6. heavy and thin. *2.50 © 5 50

INDIANA STOCKS AND BONDS

■ The frUow:r.g quo ■V 'T,* do rot repre.ent acial bids or b,;’ mere v j indicate th appr-xima-e mark#- >-.ei S based on bus ing and se.lmt inquiries or j recent transaction* —Aug 26Btd. Ask 'Be;* R? 1 A- Slock Yard*, cotr. 27 j 32 j Cen- Ind Pwr rfd 7' 8 13 ! Cltirens Oas Cos pfd V, 63 *7 Cltiren* Gas com 14 17 ’ Home TA-T F* Wavne pfd 7 3a 40 Ind A- M h E>.- Cos pfd 7 . 69 73 Ino Gen S#r\ re Cos rfd 6 a$ Ind Hvdr.l E>c Cos 7 - :s 39 Indpls Gas Cos com 40 44 Intip:* Pwr A- L- pfd 6 ... 61 65 . a. No led Pub Serv C* pfd a . 33 37 No Ir.d r .r Ben < : S M 34 H p:o Hen Cos pfd 7.. 3.5 jj Inrtp - Water Cos pfd 5 - 89 93 Inc Pub Ser\ Cos 6 • 35 > 39'j Public Scrv Cos of Ind pfd 6© 14 17 South Ind Gas A- FI pfd 6 . 58 62 Terre H.au'e Elec pfd 6 ■ ... 33 37 BONDS Belt R n A- Stkvdf 5 1939.... 88 92 Citizen l . Gas Cos 5* 1342 86 '•> Home T A- W 5 (* 1955 97 100 Horne TAT W 6* 13*1 98 IQ2 Indpis Gas Cos 5* '952 7! ? Indpta Rv Inc -. 9**7 32 Indpl* W'a'er Cos 4 4 1940. . :•s', 1 , < Indni* Water Cos 5 1960 93 c: Indp:* Ww’er Cos 5s 1979 .... 92 4 u , Tlirtp:- W'a'er Cos 51 * 1 353 . ..180 193 Indpl* Water Cos 5'.. 19*4 poo 303 Kokomo Was Works 5* 1958 79 83 Lafayette Tel Cos 5* 1957 j,j 87 M-.ncie W'a'er War- 5* 1933 i.>', 3, Richmond Waier Work, • .*- 84 8$ ’ ; Terre Haute Wa' Wk* 5* 1956 84 86 T re Hi i'e War V.'k 6* 19*5 . 93 . 97 , ITracion Terminal Cos 5s 1957 45 49

Investment Trust Shares

iRv Abbott. Hoppin A Cos > Aug. 25 - B,d Ask America,. Bank Stock* Corp .. '. 21 137 \mer A- General Sec *A>... .6 00 700 • Basic Industry Shares 3 56 3 68 British Tvpe Inv Tr Sh 72 78 i Collateral Trustee Sh .A,. ..500 5 27 Corporate Trust Shares 01d'... 2,36 240 Corporate True' Shares >neui.. 250 2 5,5 Cumulative Trust Share . 4 32 4 40 Diversified Trust Share* •.s>.. 625 Dnersilled Trust Share* ,B . 525 8 .Diversified Tru.-t Shares ,C.. 3 3.5 3 4<‘ Diver-isled Trus' Shares ,11,.. 537 550 r’irsr Insurance Stock Corp .. 177 190 First Common S'ork Corp ... 107 127 • Fixed Trust Oil Share* A< 9 40 Fixed Trust Oil Shares .R. .... 4 56 Fundamental Trust Sh A, ... 462 4 Fundamental Trust Sh '8'.... 4 18 4U I investors Inc 17 00 18 37 Low Priced Shaves 660 6.70 Kl tnv, Pi Shares 1* ■ Na'.on Wide Securities 3 6.3 375 North Am Tr Shares ,1953, 1 35 No Amer Tr Share* ,'53- 56, .. 2.61 2 M Petroleum Trust Share* (A1..11.00 14.00 Selef'ed American Shares .. 2 90 Selected Cumulatlic Share* ... 7.10 7.30 Selected Income Share* 387 425 S'd Amer Trust Share* 3 27 3 32 Super Amer Tr Share* A, ... 310 Trust Share* of America 3 21 326 Trustee Std Oil A, 530 543 Trustee Std 0:1 <B> 4 60 4 80 !u S Elec Light. A- Pwr IAI. ..14 25 14 50 Universal Trust Shares 316 3.22 New York Curb ißv Abbott. Hoppin A: Cos t - Aug. 25 Close Close Alum Cos of Am 79© Lake Sh Mines . 43U Am Bev 3 Lone Snr Gas.. 9 . Am Cts P A L B 3' Mount Prod a 1 * Am Cvan ,B' 14'; Na'l Bellas Hess 3 Am Gas A' E!.. 31 Niag Hud Pwr . 9' Am Sup Pwr . 4% Pan Am Airways 53'. a Ark Natl P A, IParker Rstprf .. 66 , A'-so Gas , A i.. IS Pennroari . J , A as Ut Corp.. li> (Pioneer G Mines 13. Brag Tr A Lt.. 14 S: Regis Paper. 5 Can Marc 3 Sal' Crenc Prod 6 Cent Si El ... 2'iStri Oil of Ind . 30'. Cities Serv ... 3' Std Oil of Kv . !t>‘,. Com Edison.... 56 Stuu 9> Cord 13' Translux 2’. Eisler Elec .... I'. United Founders 1 El Bd A- Sh ... 2.Vs United Ga 4 Ford of Eng. .. 6 Ull Lt A- Pwr A s', Ford Mot Can 16'.-Unred Verde 4's Hudson Bav M 10' ; Wnoiworth Lmtd 20 . Imperial :6l .. 13' Wri Hargraves.. 7 . Inti Petrol .... 18 New York Bank Stocks ,Bv Abbott. Hoppin A Cos.) —Aug. 2a Bid. Ask Bankers 6i tl Brooklyn Trust 113 118 Central Hanover 139 140 Chase National 28 28 . Chemical 39‘i 40 u National City 31’ a 32 Corn Exchange 5.V a 5a Continental 15 - 13 * Empire 20-0 First National 1.440 1.460 Guaranty 322 324 Interstate 19' 19 Manila,ten A Cos 29' 4 29 Manufacturers 17 s 18 New York Trust 98'* 99 1 Public 34 "* 3a Liberty Bonds Hu J nitetl l'r> „ NEW YORK Aug. 25 —Closing Liberty bonds: (Decimals Represent 32nds! Liberty 3 : .-s ,32-41, 102 19 Liberty firet 4 >s ,32-47, 102.10 Liberty lourth 4',.* ,33-38, 102.28 Treasury 4's ,33, 102.101 Liber,y lourlh 4'.* ,33-38, 102 26 Treasury 4'*s ,47-52, 110.26; Treasury 4.* ,44-34, 106.26 Treasury 3 ,s ,46-56, 105 Treasury 3 3 „s (41-13,. March 102 3 Treasury 3us i4O-43,, June ...... 102 2 Treauiry 3's '46-49, 100.2 Treasury 3s 'sl-55, .. 98.18 Treasury 3's ,41, 101.2 Births Girls Harold and Ruth Barnes 2329 Paris. Victor and Cecilia Hammerle 232 Nor'h Summit. Elwood and Loretta Zinkan. St. Vincent's hospital. Kenneth and Helen Person. St. Vinrent s hospital. Char’.e* end Edith Nicholson. St. Vincent a hospital Frank and Mildred Walls, St. Vincent's ho*pl,al. Harold and Marie Snyder. S’ Vincent's hospital. Howard and Vera Glenn. S, Vincent s hospital. Bov, Gregor and Margaret Alber*. 8, Vincent * hospital Joreph and Mary Leikhlm. St Vincent * hospital. Elma and Irma Sluder. St. Vincent .* hospital. Deaths George Alexander HasUngs 64 cvti hospital. cerebral hemorrhage Morris Meshulam 63. Central hospi!: © chronic nephritis Lucuis H Riggs. 79 258 Minkner. coronary nrrlusior Henrv W. Kemn.erer. 41 404 Fa*' Mmnesnta acre nephritis Bernard L Mot’. 49. 3777 Norih Meridian. apart men* No 4(>4 angina pec'or John H Fere, 80. Methodist nospi'ai acu'e bactllarv dysentery Aims Wilson Stewart 39 city hosptta' cardiac mfarr'ion I -lther Dunn. 54 709 F-dgemont. acute uremia Bessie Annie Mnler 43 2317 Nor'h Dearborn. arterio sclerosis. Orpha L Stevens. 50. 2824 South Pennsylvania. orcincmn Coline Idi Sharp. 27 Methodl*! h.o*p •al general per 'or HOLD CATHOLIC OUTING St. Bridget Church Affair Near Clermont Draws 1,000. A chicken dinner, dannne. special music, and cards attracted approximately 1.000 persons to the annual outinc of St. Bridget's Catholic church held at the home of Mrs. Elizabeth Cleary on ?h* county line road south of Clermont Sunday. Four hundred persons were cues' .5 for the chicken dinner, according to the Rev. John F McShane. pastor. Guests from Lebanon and Brownsburg also attended fP——■—■—■——■——

Abbott, Hoppin & Company 203 Continental Bank Building RI ley 5491 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange New York Cotton Exchange Chicago Curb Exchange New York Curb Exchange Chicago Board of Trade New York Produce Exchange Chicago stock Exchange Commodity Exchange. Inc , N Y. New York Coffee and Sugar Exchange Co-Managers James T. Hamill Kenneth K. Woolling

PAGE 11

STOCK MARKET MOVES OFF ON DOLLAR UPTURN Lack of Inflation Outlook Brings Out Sales in Securities.

Average Stock Prices

■Venue rrme ot thirty ir.du!riU for Fndv M U's 80 hii - . 102 $4 low and ’OS 07 la* up 366 Average of Iwer.tv rails was *3 65 high 51 SO nw .no 53 37 a*t .1 228 Average yf rwer.tv utilutea 3l*l high "<C 41 low and 3116 a*t. up 95 A.erase of tony bond* wa 87 58. © I© A' erase of ten first rail* wax •'3 47 off A,erase f tn *e nd ra * ** 7* 12 off lb A*.erase of ten ;e wa* 34 • f 07 A erase of ten i:iuuatria'.s wa* 87 ’.4 oC fb BV EI.MI R C H \LZER United Pre** Finanrial Ed,toe N T F\V YORK Aug 28 A sharp recovery in the Amencan dollar today brought selling into the stock market and prices at the out.set were of! fractions to more than a point. Volume was moderately heavy. 'Die pound sterling dropped more than 8 cents to $4 55 and other currencies declined correspondingly. Rise in the dollar was said to reflect belief the government would defer further inflationary activity. Then. too. the meeting of Montague Norman and President Roosevelt scheduled for today was expected to result in discussion of measures to stabilize the dollar, a move that would eliminate inilation on a large scale in the near future Without benefit of inflation outlook. commodities and stocks declined United States Steel common stock which was among the leaders of last week's rise, was in the van on the downside today. It opened at 57. of! l' • points on a block of 2.000 shares Gold mining issues were depressed with Melntvre Porcupine at 35'.. off 1 and Alaska Juneau 29'*. off Case dropped a point to 78 in the farm equipment division. Several of the wet .-forks, including National Distillers and American Commercial Alcohol lost 1 to 2 points. Rails were easier. Motors were slightly lower, and coppers registered small declines.

Bank Clearings

IMM W APOI In s I ATI MI N T Auk 2ftCleannsEs Si 321000 no Debit.v 3 912.000 00 THF.ASIHV STATEMF.NT - Auk 2ftN>' balance for Auc 2V . . $1 199.5i9 42 Int vp' tc foi day 3.254.34 ft 95 Customs rect.‘. mo to 2ft 743.879 46

The City in Brief

Tl l >l \> HINTS K••t ar \ Club Cla'Pol Civr Club, lunrhron. Spink• \riN. Mrrrator Club. lunrhpon. Columbia Club. \rrhilrrtur.il Club, lunrhron. Arrhltert -* ;inH Builders’ buildinc Vmrrifan ( hrmiral lunrhwm, >i*\ rrm. I'nivrml Club. lunrhron. Oolumbt* Club Rf'publiran \>trran. lunrhron. W’ah* Inrton thfU Chi. lunrhron. Washinjjlon. Prrranrrl Stamp Sorlrtv. convrntion. leochrrbir. Helen Werterbertcr. 2, of $37 Division street, was treated at city hospital Sunday after becoming ill as the result of swallowing pills at her home. In the Air Weather conditions at 9 a m : Northeast wind. 12 miles an hour; temperature, 60; barometric pressure. 30.02 at sea level; general conditions. overcast, light rain and light haze: ceiling, estimated at 3.500 feet; visibility. 4 miles. MUNICIPAL UTILITIES EMPLOYES ORGANIZE Association I* Formed at .Meeting in ItlufTton. Hu l nili ti Pn ** BLUFFTON. Ind . Aug 28 An organization to be known as the Munciipal Utilities Employes’ Association was formed at a meeting here of more than seventy municipal employes from cities in tins district. The association would protect employes interests nnd would aid municipally owned plants in ftzntmg legislation which might be detrimental to them. L. I Kunger. Garrett, was "lected president; Clarence Bales, Bluffton, vice-president; W. J Coifing. Garrett. secretary; and Frank T. Schultz. Columbia City, treasurer Charles a Davis, Kendallville. was named district director Harley Mosure. Bluffton: Don Deible Kendallville; C K Bigg" Columbia City; Allen Lawrence. Auburn, and D Elson. Garrett, were named board directors MILKMAN IS SLUGGED Thief Hits I’-iver W ith Bottle After Drinking Contents. After helning himself to a bottle of milk which he took from a dairy company truck, an unidentified man struck the driver, Leslie Cook. 2940 North Gale street, on the head with the emp'v bottle Cook told police he was attacked early Sunday when he returned to the truck after making a delivery in the 1100 block. North Pennsylvania street.