Indianapolis Times, Volume 45, Number 112, Indianapolis, Marion County, 19 September 1933 — Page 13

SEPT. 19, 1933

Inflation Believed Not Far Off: Direction It Will Take Still the Big Question. By RALPH HEVDERSHOT Tim** >peria.l Financial Writer

Advice* from Washington and the movement of exchange rates combine to indicate that real inflation is not far off. No one seems to know what form it will take, but the demands for the outright issuance of greenbacks appear to be growing the fastest. The issuance of greenbacks in this country either to carry out the public works program or to retire United States government bonds, as is being suggested, should have the effect of raising prices for securities and commodities irrespective of what France does in respect to the gold standard. If France were to suspend gold payments

the international race to deflate currencies might even become swifter. 000 The Jersey Exchange Plans developed rapidly for the opening of a stock exchange in New Jersey. Preliminary moves have come from without the New York Stock Exchange, but it is reported on the best of authority that members of the "big board” will be invited to become members. The proposed listing of stocks now dealt in almost exclusively in the New York market on the Chicago Stock Exchange and the prospects that similar actions will be taken on other out-of-town exchanges have forced the issue. Members of the New York institution are beginning to worry over the prospects of serious losses in the value of their memberships if the business is diverted. The argument is being advanced that when a Jersey market is established and the proper relation-

*l. -ifk ’* VB

Ralph Hendershot

ship created between it and the New York Stock Exchange members of the latter will be able to hold the business here in the east and collect the commissions sea May Erect New Building If the New York Stock Exchange decides to get behind the proposal —and there are definite indications that it will—there is every possibility that anew building will be erected to house the enterprise. It is reported on excellent authority the exchange has a fund of several million dollars in its treasury which had been raised to build an extension to Its present structure before the stock panic developed in 1929. Should the exchange decide to become merely an associate of the proposed New Jersey exchange the chances are that temporary headquarters will be established in one of the existing buildings just across the Hudson river.

New York Stocks ““<Bt Abbott. Hoppln A Cos.) 11

—Sept. 19— 10 30 Prev. Oil*— High. Low. EDT. close. Amerada % Atl Rfg 30V 30 Barnsdall • ••• }°-f Consol OU ... . 14% 14% }4V Cont of Del 19 I .* 19 Houston ' new.. .. * Houston <old) .... ... ••• 32 Indian Rig * Mid Com Pet 14’* 15 Ohio OU 11‘A 17% }]% }7V Pet Corp 14‘* }<% Phillips Pet I*4 Pure Oil * 14V * I*;* Royal Dutch *< Sbd Oil V ’Si* ’6 * Shell Union .’A 93 * ,?! Simms Pet “ * Skelley Oil y. %: Soc Vac ... 1* 13 . S O of Cal 44 1 4 44% S O of Kan 29 a SOOf N J 43% 43V* Texas Corp ... 30 29V 29 V 29% Tidewater Assn • * Un Oil of Cal.. .. 2aVa Am* RoTlMlll* 21% 21’: Beth Steel % Byers AM •••., 32 4 Col Puel Ac Iron 6% 5% 5% Si Ihland Steel Ludium Steel .... ... •■ - 13 s * McKeesport Tin 91 92 Natl Steel 45% Rep Iron Ac Steel 1* 12 Ren Ir dr St pfd U S Smelt 103 101% 101'a 104 Vanadium 25 4 U S Pipe 4 MS I®, U S Steel V- 52V ?2 U S Steel pfd 84'a 85V Youngst'n StT .. ... ••• 25 2 Atchison 6 ‘ 7 rian Pac ••• a Ch <Sc Ohio 45*4 45% 45V 45 Chi Ac Ot W 4 C M & St • 7% CMA- St P pfd }2% 12% Dels Ac Hud 25 .. ... ... *•! Grt Northern a- 35 111 Central 40’ 2 40 2 K C Sou J* Lou & Nash ~, M K & “T* Mo Pac “j* ffV3W?..:v. * £ •: N Y Chi *St L 20V 21 N Y Chi * St L 27 N Y New’ Haven ?*'• N Y Ont & Wes Ill* Norfolk & Wes.. .. l '° . Nor Pac 26’a 26% .6 a 26. Penn R 35 s . 36 /4 SSFJB:::::::: Sou R Sou R R pfd ■ n 32 2 Unioii Pac 120 Wabash W Maryland 12 * Motor*— cSwier ::::::: ** '49*2 '49*, so% General Motors.. .. ... ••• * Graham 3 s . Hudson • j,* HSU ■■mx:::: :: ::: •' & :: ::: Feo Yellow Truck o • 5 Motor Access — Bendix J* *5 * Bohn Alum 45 s * 46 Bore Warner ■ * Briggs - *i T Budd Wheel 4V 4’. Eaton Mfg 13 s Elec Auto Lite .. ... 21V Houd Hershey ... Mullins Mfg S ■ Murray Body ... ••• <*■ Stew Warner * Timken Rol 30-4 32 Al"i*sun 30V 30V JO*. 30*2 Am Smelt 48 s , 47*, 48 48V Anaconda 18V 18’. 18’. 18<a a- H*cla . ■■ • o • Cerro De Pasco. 47’. 41% 41V 41V Granby - };.* o: Nor Ore 13 V 13 4 .' :: ::: *2% J r, £?£XSr..v::.:: v; •ju. *l% Kennesott Cop.. 24‘. 23 s * 24’. 24 a Noranda Cop ... .. ••• ;• 35'. Phelps Dodge ... l.’s 17V 1/’* 18 Tobaccos — Am Snuff 50V Am Sum Tob ■ ■ 1 Am Tob A 89 s . 89’a Am Tob B 91*4 90V Gen Cigar - 3S Li eg A- Myers B 9.’a 7% Lorrtllard 22 5 , Reynolds Tob ... 5.% 52V Equipment*— Allis Chalmers 19 s * Am Car * Fdy • 30 V Am Loco .... ■ 32 Am Mach & Fdy I.’* 18 Am Steel Fdy 30 V 20 V Bald LOIO ... 13 13 Burroughs I<V I.V Case J I 79V 80 Cater Tract 23V 23 V Colgat Palm P.. .. I.V Cor.goleum *3V Elec Stor Bat sja Ftoster Wheeler.. 17V Gen Am Tank C 38 Oen Elec 23 V Gen R R Sig 40 Ingsol Rand ,V k Int Bus Mach 15. * Int Harvester ... 43'. 42t, 42 V 42 Kelvin ator ... 13 V Natl Cash Reg .. .. .. 19 V 19V Proc A Gamble - 42 s , Pullman Inc 50 s , 51 Simmons Bed J 6, West Air B 31 s * 31V Westlngh Elec__ 44 V 44 V Worthington Pm 29 Utilities — \ Am A- Per Pwr. 12 s , A m A- Lit .. 9V 9. A T A- T ••• 128 128’j Am Wat Wkt 25 V 25 V Wrcolc Uo G®s .... ••• <O - 4 il Col C.as A Elec. 15>. 15V 15V 15V col o A- e p*d ’♦* Com & Sou 2V 2 V Consol Gas . .. •- • _ 43 43V Elec Pr A Lit. 7>* 7V *V .V E P A L Pfd 16 Inti TX f- 15V 15V h°£ Pwf a Lit.::: ::: ::: North Amer 19V 19V Pac C, A E *>'• 21V pub Serr N J J. 85 . So Cal Kdison 19 Sid Ga* 12 1* * Std Gas pfd 13 4 United Corp 6 V 6V rtn Gas Imp 16-j 16V rt Pwr A Lit A 4 4 a Western Union 00 60 s 2N V Ooodvr r 40 V 4040 39 V [ls Rubber .... 18*4 18 V 18V 18V U s Rub pfd c•• 31 Kei Spring *• ••• 3V Amusement*— • Crosley Radio 11V fix Film x , * Loews Inc ••• 3*;j *JV Radio C0rp...... B’* B*4 |V 8 Warner 8r0*.... 8V 8V 8V 8V rood.— Am Sugar 87 87V Armour <A. JV |V Borden Prod 25V 25V Cii 28 Can Dry G Ale 33 Coca Cola ••• ••• ** Cor.t Bak A) I|V Corn Prod v 88V 8-' Crm of Wheat.. r 31V Oen POoda .. 34V MV C W Sugax.rn.. 33V MV MV 39V

Wall Street

Hershey 52V Loose Wiles ‘. 38V Natl Biscuit 57V Natl D Prod 16 16V Purity Bak JL ... 191, S Porto Rico Sug 44 Std Brands 27V 27V United Fruit 65Va Retail Stores— Asso Dry Goods 17 v. Best Ac Cos 31V 31 31 32 Gimbel Bros ... ... 6V Gr Un Tea ..a 7 Hahn Dept Sts.. .4 . . 7 Jewel Tea .A ... 3514, Kresge S3 „ .X 13> 13 V Kroger Groc ’ 27’, 25V Macy R H 62V 61V May Dept St ... .V ... . 33 Mont Ward 25 25 V Penny J C sii- a Safeway St 7,47 v 47V Sears Roebuck • 44V JSV Woolwoith >t. ... 40 Aviation— Aviation Corp ... .. n Douglass Air . ..' 16 16 V Curtiss Wright 3 Curtiss Wr A 6 6 Nor Am Av ~ ... 7V 7% United Aircraft. . 36 \ 373,4 Chemicals— Air Reduction 105*4 Allied Chem ... A ' . 143 V 143 Am Com Alcohol .. r.. 67V 68 Col Barbon ... ~ 63 Com Solvents .. .; ... 335. 39 Dupont ... 81V 81V Freeport Tex 44*4 44 Liquid Carb 331 2 Math Alkali 4040 Tex Gulf Sulph. 36V 36V 36V 35V Union Carbide 48 V 48V U S Ind Alcohol 77 Nat Distil 106’* 107 V Drugs— Cotr Icn ... 5 5V Drug Inc t, ... 48 48V Lambert /. 331. Lehn A Fink ... >. 4.. 20V 19V Zonite Prod ... jv. ... 6V Financial— Adams Exp 10V Allegheny Corp.. ~ ... 514 ss.5 s . Chesa Corp A ... 43V Transamerica .. V’ 7 Tr Conti Corp.. ... 6V 6*. Building— Am Radiator 16% ... Gen Asphalt 2114 21V 21V 21>4 Int Cement ... .. 34 Jahns Manville. 57 56V 57 57 Libbv Oens Gls 31V 32% Otis Elv 17 Ulen Const .... .. ... ... 2V Miscellaneous— Am Bank Ncte ... ... 18 V Am Can ... 96 97*. Anchor Cap 27’4 Brklvn Man Tr 29’, Cont! Can 68V Eastman Kodak 85V Owens Bottle 83 Gillette 14V 14*4 Glidden 18'4 18V Gotham Silk 1! 11V. Indus Ravon 73V 74'4 Inter Rapid Tr .. ... ... 6% New York Curb (By Abbott. Hoppln A Cos.) —Sept. 18Close.| Close. Alum Cos of Am 73V Inti Prrol 19V A.m C P A L B 3 Lake Sh Mines. 47V, Am Cyan B ... 13’, Mount Prod . . 4’, Am Gs & E 1... 24V Natl Bellas Hess 2V Am Sup Pwr... 3V Niag Hud Pwr.. 7V Ark Ntl Pwr A. ’ V Pan A Airways 52 asso Gas A ... 1 IParker Rstprf.. 66 Atlas Ut Crp... is*. Std Oil of lna.. jaV Braz Tr & Lt .. 13*4 Std Oil of Kv.. 17 Cent Sts El 2V Sutft 7 Cities Serv ... 2’, Translux 2V Com Edison ... FV United Founders IV Cord 11*4 Un Lt & Pwr A 3’. Eisler Elec .... IV United Verde . 3’. El Bnd fc Sh.. 20*, Util Pwr & Lt.. IV Ford of Eng . 5*4 Woolworth Ltd. 20*. Ford Mot Can. 14 'Wr Hargraves.. 8V Imperial Oil .. 14V More than half of the six million farms in the United States are less than 100 acres in extent.

HORIZONTAL Answers to Previous Puzzle 12 Minor note. 1 The lady in jg|E [g|A|g|p|ol_jM|A|clHjAlp[o| 15 File, the picture AilTaMIe,R rThT 1 IN|eMtjO|n 17 Horse’s neck was the wife o JLpOßhdjJ hairs of what, aw bERARDO LADjS ' famous ncVisTA a t,o 18 Pedal d,git3 ’ American? gOiLMI- rMsioX 20 Eccentric l(f Small body of t—r- R -' land SiEITMw i |SiHMSjQiB 21 " hat was the P RpUfc 13 Flyer eWdio l |T[sJßn]a vTATLBg of the children 14 What was the DiCiOjO L IsmtUml aIcIaIN a of the first name of E|A GIL L pictured ladyi the ladyin the [sTHlErisTTlA|m| l iNiAnAIEISI 22 She was a picture? . by birth? 1 Mended. , 32 Narrow senes. 23 To dfeg alow 17 Threat 33 Bad 54 House where 24 Platform 19 To 35 Iniquity the P! ct " r , ed 26 Equable countersink 37 Interior ,an> n ' ea 27 Handsome ?0 Carriage 39 Mother VERTICAL 28 Street, having top 40 Therefore i Soft mass 29 Mother that can be 41 Northeast 2 Greediness -31 Always, raised or 42 Wand. 3 Male ancestor 34 Metallic lowered, . 44 God of war 4 Goblet element use 21 Company 46 Pertaining to 5 Newspaper in cancer cure 22 Old form of air • paragraph. 36 Idea. "life.” 47 Monetary 6 To bow 3S Audacity 23 Window glass. units of 7 Grain (abbr ) 39 Morning 24 Owed. Rumania. S Egg dishes 42 Second note. 25 Frozen water* 49 To prevent 9 Goddess of Ur 43 Scheme. 27 Extracts of 51 Chaos. 10 Restless 45 Bronze. game. 52 Since. hankering. 46 Dined. 29 A bulk. 53 Packed in a 11 Feminine 48 Self. 30 Discloses. graduated , pronoun 50 Right. 1 2 * 4 S fc™ 7 6 10 U 2 "‘"“I 1 ziti: m,wrr z_zp: "i" | * • w_n_ c ZB" 1" /-M. " ' Llp-pPl_^C(*|Pp-il — _ —

STOCK VALUES WEAKEN UNDER STEAOYSALES Mining, Oil Shares Move Against Trend With Upturn.

Average Stock Prices

Average of thirty industrials for Monday, high 107 68. low 104 36, last 105.30. off 02 Average of twenty rails, 51.26, 49 01, 49 25, off 1.13. Average of twenty utilities. 28 91. 27.39, 27.85. off .53. Average of forty bonds, 85.68, oS 1.17. BY ELMER C. WALZER United Pres* Financial Editor NEW YORK. Sept. 19.—Mining shares and oils ruled firm at the opening on the Stock Exchange today and a few special issues advanced, while the general market was lower. Declines ranged to more than a point. Steel issues were weak. U. S. Steel common stock declined to 52V*, off %, while the preferred lost IK to 84*2. Fractional losses were noted in American Telephone, Atchison, Case, Chrysler, Montgomery Ward, Sears-Roebuck and New York Central. Gold Shares Strong American Can, one of Monday’s strong spots, lost 1% to 96 on 1.400 shares, while United Aircraft lost a point to 3614 on 1,200 shares. Homestake Mining was carried up to 39, ex-dividend, up 6 points and anew record high. Noranda Mines rose to 36%, up M; Dome 3712, up %, and Alaska Juneau 30%, up V*. Mclntyre Porcupine lost a point to 44%. Copper issues were firm on higher prices for the metal abroad. International Silver rose a point to 47. The latter appreciates with silver because of large silver inventories. Wet Issues Lower Wet stocks were lower with U. S. Industrial Alcohol at 75%, off 1%. Utilities lost fractions to a point. Ols ruled firm with Standard of New Jersey at a new* 1933 high. Allied Chemical rose 1% to 143 % In its division. The dollar was steadier today the gold price in London was unchanged from Monday—l3l shillings 9 pence, the record. The latter, with the pound at $4.78%, the 1 p. m. London quotation, brought the American equivalent to $31.52 aan ounce. At Monday’s New York close for sterling the London gold price w r orked out at $31.44.

Bank Clearings

INDIANAPOLIS STATEMENT —Sept. 19Clearings $1,766,000.00 Debits 5,065,000.00 TREASURY STATEMENT —Sept. 19Net balance for Sept. 16 ..$1,163,465,886.12 Mlsc. int. rev. rects. 1,663,585.25 Customs rects. mo. to date 17,335.895.55 PROTECT BEER BUYERS Pennsylvania Halts Short Measure in Kegs After Probe. By United Press HARRISBURG. Pa., Sept. 19. The state bureau of standard weights and measures has turned its attention toward protecting the beer-buying public. Numerous complaints were received that wooden beer containers held short measures. An investigation revealed that some breweries were using kegs and casks which had been in storage since pre-prohi-bition days. During the long years es prohibition the wooden kegs dried out to such an extent that before they could be put into use again the hoops had to be drawn up. The result was a noticeable reduction of cubic contents. / CHICAGO FRUIT MARKET By United Press CHICAGO. Sept. 19. Apples—Michigan Wealthies bushel, 90c®‘$l. Pears—Michigan bushel. $2 down. Canteloupe—Michigan. 50®85c. Carrots—lllinois, I%®2c. Eggplant—lllinois. 40® 50c. Spinach— Michigan. 50®.75c. Cucumbers—Michigan. 35c® 50c. Beans —Illinois, 50® 75c. Cabbage—Wisconsin, $1®1.40. Peppers— Illinois, 35® 75c. Celery—Michigan. 25®. 50c. Corn —Illinois—lo® 40c. Peaches— New York bushel, $1,754(2. Tomatoes— Michigan. 254/35c. Onion market—California yellows, bushel 85c: Wisconsin yellows. bushel, 60® 70c; Indiana yellows, bushel. 60® 70c: Minesota white, bushel. 90c® sl.

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The follownig quotations do not renreseni actual bids or offerings, but merely Indicate the approximate market levei based on buying and selling inquiries or recent transactions. —Sept. 19Bid. Ask. Belt Rail & Btock Yards com 28 33 Belt Rail & Stock Yards. Did 45 50 Cent Ind Pwr pfd 76c 8 11 Citizens Gas Cos ofd Citizens Gas com 16 19 Home T & T Ft Wavne pfd 7V* 36 40 Ind & Mich Elec Cos pfd... 67 71 Ind Gen Service Cos pfd 6V., 64 68 Ind Hydro Elec Cos 7V 22 26 Indols Gas Cos com 40 44 Indpls Pwr Lt pfd 6% 50 54 Ir.dpls Pwr <fc Lit Pfd 6V6c.. 54 58 Ir.dpls Water spfd 89 93 No Ind Pub Serv Cos pfd 6V 22 26 No Ind Pub Serv Cos pfd 5V69 21 25 No Ind Pub Ser Cos pfd 764. 25 29 Public Serv Cos of Ind pfd 1% 21 35 South Ind Gas & El pfd 6% . 56 60 Terre Haute Elec pfd 6 r i... 21 25 BONDS Citizens Gas Cos 5s 1942 86 90 Home T & W 5Vs 1355 97 100 Home T Sc T W 6s 1943... 98 102 Indpls Gas Cos 5s 1952 74 77 Indpls Rvs Inc 1967 30 33 Indpls Water Cos 5Vs 1940.. 98 101 Indpls Water Cos 5s 1960... 95 99 Indpls Water Cos as 1970 9 4 98 Ir.dpls Water Cos 5Vs 1953 . 100 103 Indpls Water Cos 5Vs 1954.. 100 103 Kokomo Wat W'orks 5s 1956.. 78 82 La.'avette Tel Cos 5s 1957 ... 83 87 Muncie Water Works 5s 1939.. 94 98 Richmond Water Works 1957. 85 89 Terre Haute Wat Wks 5s 1956 83 87 Terre Haute Wat Wk 6s 1940.. 95 99 Traction Terminal Cos 5s 1957. 45 49

Chicago Stocks

’By Abbott. Hoppln * Cos. Total Sales. 50,000 High Lov

Abbot Lab 40 Adams Mfg 31 Assoc Telep Util Jj* Bastian-Blessing 7V Bendix Aviation 19 18V I§V Berghoff Brew Cos 1314 12% 13 Borg-Warner 19 !/ 2 18*4 18J4 E L Bruce Cos 16V 16 16V Butler Bros 4V 4V 4% Cent 111 Pub Serv Pfd 19 Cent 111 Securities Com V Cent 111 Securities Pfd.. 6V 6V 6V Cent Pub Serv Class A V Cent & So West 2 1 3 4 1% Cent & So West Pfd ... 14 13 13 Chain Belt •••• Chi & North Western.. 11% 11V 11% Chicago Corp Com .... 3V 3V 3V Chicago Corp Pfd 26V 26V 26V Chicago Mail Order.... 15V 15V 15V Chicago Towel Pfd ... 60V Chicago Yellow Cab.... 12% 11% 11% Cities Service 2% 2V 2V Commonwealth Edison.. 51% 50V 50V Cord Corp 12% 11% 11% Crane Cos pfd 39% 39 39V De Mets. Inc., pfnee .. .. ... 15,, Elec Household 12% 12% 12% General House Util.... 21 19V 19V Goldblatt Bros 22% Great Lakes Aircraft j* Great Lakes Dredge.... 16% 16 16% Grigsbv-Grunow 2V 2V 2V Hall Printing 6% 6 6 Hormel &Cos ... , 20% Jefferson Elec 13V 13% 13% Kalamazoo Stove 24 Kellogg Switch, pfd 25 Keystone Steel ... 12% Kingsbury Brew Cos .... 11% 11% 11% Liby-McNeil 4V 4V 4V Loudon Packing 15 Lynch Corp 44 42’/a 44% Mapes Cons Mfg Cos ... 3S Marshall Field 17% 16% 17% Mickelberry’s Food Prod 3% Middle West Utilities % Midland Util 644 A pfd 2% Modine 11 Muskegon Motor Spec A 9 National Leather ... 1% Northwest Bancorpora’n 7% 7 7 Oshkosh Overall 5 Pines Winterfront 2% Prima Cos 24% 24 24 Process Corp 3% Quaker Oats ... 135 Quaker Oats pfd 117 116 V 116% Reliance Mfg Cos ....... .. ... 13 Sears Roebuck 46% 45V 45% So West G & Elec pfd 49 Stand Dredging Cos 1% Sutherland Paper Cos 9 Swift &Cos 18V 18 18 Utility & Ind pfd .... 4% 4 4 Vortex Cup Cos 7 Vortex Cup Cos "A”.... 25% 25 25% Walgreen Cos com 17V 17 17% Ward Montgomery A 70

Investment Trust Shares

(By Abbott, Hoppln & Cos.) —Sept. 19— Bid. Ask, American Bank Stocks Corp... 1.05 1.18 American and General Sec A.. 5.50 6.50 Basic Industry Shares 3.45 3.55 British Type Inv Tr Sh 55 .65 Collateral Trustee Shares (A).. 4.87 5.25 Corporate Trust Shares (old).. 2.30 2.35 Corporate Trust Shares (new).. 2.43 2.48 Cumulative Trust Shares 4.20 4.30 Diversified Trust Shares (A).. 6.25 .... Diversified Trust Shares (81.. 8.00 8.25 Diversified Trust Shares (C)... 3.25 3.30 Diversified Trust Shares (D).. 5.12 5.20 First Insurance Stock Corp.... 1.56 1.60 First Common Stock Corp 1.07 1.23 Fixed Trust Oil Shares (A).... 8.60 .... Fixed Trust Oil Shares <8i.... 7.45 .... Investors Inc 18.50 20.25 Low Priced Shares 6.30 6.40 Mass Inv Trust Shares (18.62 20.30 Nation Wide Securities 3.56 3.60 North Ainer Trust Shares (’53) 1.89 .... No Amer Trust Shares C55-'56l 2.48 2.53 Petroleum Trust Shares (A)....11.00 14.00 Selected American Shares 2.72 Selected Cumulative Shares... 7.00 725 Selected Income Shares 3.75 3 90 Std Amer Trust Shares (A) 3.10 318 Trust Shares of America 304 312 Trustee Std Oil (A) 5.30 550 Trustee Std iOl (B) 4.75 < 4SO U S Elec. Lt & Pwr (A)........ 12.25 12 75 Universal Trust Shares 3.04 316

In the Cotton Markets

. —Sept. 16— CHICAGO High. Low. Close. January 10.10 9.80 10.10 March 10.28 9.95 10.28 May 10.45 10.11 10.45 October 9.80 9.44 9.80 December 10.03 9.68 10.03 NEW YORK January 9.88 9.70 9.88 March 10.05 9.88 10.05 May 10.21 10.05 10.21 July 10.38 10 26 10.38 October 9.56 9.41 9.56 December 9.79 9.61 9.78 NEW ORLEANS January 9.85 9.73 9.84 March 10.02 9.85 10.02 Mav 10.17 10.04 10.16 July 10 35 10.22 10.35 October 9.53 9.38 9.40

Retail Coal Prices

The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton Is allowed. Domestic Prices Indiana No. 4 and No. 6 lump, $5.25; egg. $5; mine run, $4.75. Coke (carload lots) —Egg. nut, $7; pea sizes, $5.25. Semi-Smokeless—Lump, $7.25. Retail Steam Prices Indiana No. s—Lump, $4.50; egg. $4: nut. $3.85: pea, $4.25; mine run. $3.(5. West Virginia—Lump, $5.50; egg, $5.25. Kentucky—Egg. $5.25.

Daily Price Index

By United Press NEW YORK. Sent. 18.—Dun and Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-932 Average. 1001 Today 104.50 Saturday 102.99 Week ago 99.89 Month ago 100.97 Year ago 80.05 1933 High i July 18) 113.52 1933 Low (Jan. 20> 67.86 Copyright. 1933. bv Dun A- Bradstreet. Inc. Liberty Bonds NEW YORK, Sept. 18.—Closing Liberty bonds: iDecimals represent thirty-seconds) Liberty 3%s (32-47) 102.19 Liberty Ist 4'.iS >32-47) 102.23 Liberty 4th 4‘ 4 s (33-38) 103.3 Treasury 4' 4 s (47-52) 110.20 Treasury 4s (44-54 1 106.18 Treasury 3 3 4 s (46-56) 104.24 Treasury 3 3 a s (43-47) 102.3 Treasury 3 3 a s 1 42-43 > March 101.30 Treasury 3 3 8 s 1 40-43 > June 101.29 Treasury 3’sS 146-49) 100.7 Treasury 3s (51-55) 98.25 New York Bank Stocks By Abbott. Hoppin & Cos. Sept. 16— Bid. Ask. Bankers 56*4 571* Brooklyn Trust 105 109 Central Hanover 122'a 124% Chase National 25 25% Chemieal 36 * a 37 National City 27% 27 T 4 Com Exchange 49 '-2 50‘a Continental 14 3 15% Empir 19 19% First National 1,320 1.340 Guaranty 289 292 Irving 17 *4 17% Manhattn & Cos 27% 28 Manufacture 147 148 Nw York Trust 906 92 Public 34% 35Vi NEW YORK COFFEE FUTURES —Sept. 18— SANTOS High. Low. Close. March 8 99 8.77 8 82 May 8 95 8 87 8 90 July 8.95 8.87 8 90 September 8.50 8 49 8.50 December 8.74 8.70 8.72 RIO March 8.40 8.38 6.35 May 6-45 July 6.50 6.49 8 50 September ■ .... 6.00 December -fLjV.--.. 6.22 * 6-20 6.22, ' .. . ..VS.

HO6S CONTINUE STRONG TREND AT CJTYYARDS Slaughter Classes Active in Cattle Mart; Sheep Lower. Hogs followed up the strong tone of the week's opening Monday with a brisk 10 to 15-cent advance this morning at the city yards. Weights of 160 to 270 pounds sold for $5 to $5.15; 270 to 300 pounds, $4.70 to $4.95; 300 pounds up, $4.40 to $4.65; 130 to 140 pounds. $4.20 to $4.75; 100 to 130 pounds. $3.45 to $4. Receipts were estimated at 12,000 with 6,000 pigs on hand for government sale. Holdovers were 114. All slaughter classes were active in the cattle market. Beef steers and heifers were 25 cents and more above last week's average. Cows were strong. Early steer sales were made in a range of $5.60 to $6.50. Best yearlings were held considerably higher. Choice heifers brought $6 to $6.15, odd head selling at $6.50. Lower grades brought $3.50 to $5.50. Cows sold for $2.50 to $3.50. Receipts were 1,500. Vealers were steady at $7.50 down. Calf receipts numbered 800. Sheep were steady to mostly 25 cents lower. Ewe and wethers made the market at $7 to $7.25. Early top was $7.50. Bucks sold for $6.25 down generally. Culls and throwouts were to be had in a range down to $3.50. Receipts were 2,000. Bids on hogs at Chicago held around steady with Monday’s average. Most classes were bid in at $4.90 and lower. Receipts were estimated at 55,000, including 33,000 government pigs and 3,000 direct. Holdovers, 2,000. Cattle receipts were 7,500; calves, 2,000; market slow to steady. Sheep receipts numbered 7,000; market steady at the previous average. HOGS Sept. Bulk. Top. Receipts. 12. s4.4o(fi 4.50 $4.50 12,000 13. 4.404.50 4.50 11,000 14. 4.55® 4.65 4.70 11,000 15. 4.80® 4.90 5.00 12,000 16. 4.65® 4.75 4.75 9,000 18. 4.90® 5.00 5.05 11.000 19. 4.70@ 5.15 5.15 12,000 Market, higher. —Light Lignts—-(l4o-160) Good and choice...s 4.45® 4.75 —Light Weights—--1160-180) Good and choice... 5.00® 5.05 (180-200) Good and choice.... 5.10® 5.15 —Medium Weights—-(2oo-220) Good and choice.. 5.10@ 5.15 (220-250) Good and choice.... 5.10® 5.15 —Heavy Weights—-(2so-290) Good and choice 4.80® 5.10 (290-30) God and choice 4.40@ 4.75 —Packing Sows—(3so down) Good . 3.65@ 4.00 (350 UP) Good 3.50® 3.86 (All weights) Medium 3.00® 3.60 —Slaughter Pigs—-(loo-130) Good and choice... 3.45® 4.00 CATTLE Receipts, 1,500; market, steady. (1.050-1,100) J Good and choice $ 5.25® 6.85 Common and medium 3.25® 5.25 (1.100-1,500) . Good and choice 5.25® 7.00 Comm'on and medium 4.00® 5.25 —Heifers—-(sso-750) Good and choice 5.25® 6.25 Common and medium ...... 3.00@ 5.25 (750-900) , „ „„ Good and choice 4.50® 6.00 Common and medium 2.75® 4.50 —Cows — Good 3.00@ 3 50 Common and medium 3.25® 3.00 Low cutter and medium I.oo® 2.25 —Bulls (yearlings excludedi Good (beef) 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts. 800; market, steady. _ Good and choice $ J.Oo® 7.50 Medium 5.00® 7.00 Cull and common 3.00® 5.00 —Calves—-(2so-500) , „„„ . „ Good and choice 4.00® 5.50 Common and medium 2.00® 4.00 —Feeder and Stocker Cattle — (500-800) . „ _ . Good and choice 4.25® 5.50 Common and medium 3.00@ 4.25 (800-1.500) . „ Good and choice 4.25® 5.50 Common and medium 3.00@ 4.25 SHEEP AND LAMBS Receipts. 2,000; market, steady. —Lambs—(9o lbs. down) Good & choice.? 6.75® 7.50 (90 lbs. down) Com. and med.. 3.50® 6.75 —Ewes— _ Good and choice LTS@ 2.75 Common and medium I.oo@ l.io Other Livestock BY UNITED PRESS CHICAGO. Sept. 19.—Hogs—Receipts. 55,000, including 33,000 government pigs; directs, 3,000. holdovers. 2.000; market, active, steady to 10c higher aian_ Monday's average; 180-230 lbs.. $4.85®5; top $5.10; 230-360 lbs., $44/4.90; most light lights. $4.75 down; commercial pigs selling below $4: packing sows, $3.25®3.7d; light lights 140-160 lbs., good and choice $4 25® 4.D0; light weight i6O-200 lbs., good and choice, $4.60®5: medium -weights 200250 lbs., good and choice, $4.75®5.10; heavy weights 250-350 lbs., good and choice, $4.05® 4.85: packing sows 275-s*o lbs., good and choice. $3®3.90; slaughter pigs 100-130 lbs., good and choice. $3.25® 4.25. Cattle—Receipts, 7,500; calves, receipts. 2,000; good and choice few steers and yearlings strong; lower grades strong to 25c higher; best fed steers, 56.85; longs. $6.25®6.75; common and medium scarce: actie. strong. 25c higher at $5.75 down; ail heifers firm to higher; bulls steady; cow’s slow; veal slow; slaughter cattle and vealers: steers 550-900 lbs., good and choice, $5.50®6.75; 900-1100 lbs., good and choice. $5.75® 6.85: 1100-1300 lbs., good and choice. $5.75®7; 1300-1500 lbs., good and choice. $5.75® 7; 550-1300 lbs., common and medium. $3.25®5.75: heifers. 550-750 lbs., good and choice. $5.25® 6.20; common and medium. $2.75®5.25; cow’s, good. $3.75® 4.75; common and medium. $2.25® 3.75; low cutter and cutter, $1.50®2.25; bulls, yearlings excluded, good, beef, $3.25® 4; cutter common and medium. $2.25®3.35; vealers. good and choice, $6.50®8.50; medium. $5.50®6.50; cull and common. s4® 5.50: stocker and feeder cattle: steers 550-1050 lbs., good and choice. $4.25® 5; common and medium. $2,504:4.25. Sheep—Receipts, 7,000; slow, lambs around strong with Monday's average at 25® 50c lower; bulk feeders at $6.75®7; best held above. $7.25: sheep strong: ewes. $1.25®, 2.25; few $2.75; slaughter sheep and lambs: lambs 90 lbs. down, good and choice $6.50®7.25: common and medium. $44(6.75; ewes 1)0-150 lbs., good and choice. $1.50® 2.75; all weights common and medium. 75c®$2; feeding lambs. 50-75 lbs., good and choice. s6® 6.50. CLEVELAND. Sept. 19.—Cattle—Receipts. 175: market steady; choice. 750-1,100 lbs., steers. $6.50®7; common. $4®4.75: good. 900-1.200 lbs., steers. $5.50® 6.25 and common. $3.75® 4.50: heifers good. $54(5.50; medium. 54.25® 4.75; common. $3.25® 4.23; good cows. $3.25®'3.75; butchers. $3.25® 3.75. Calves —Receipts. 300: market, slow’ with weaker undertone; spots. 50c lower on common grades: choice to prime. sß® 9; common, S4<S6. Sheep—Receipts. 2,500: market, steady with bulk of receipts, selling at $7.25; practically all sold: choice wethers. $2.50® 3.25: choice spring lambs. s7® 7.50: Common and cull. s3® 5. Hogs— Receipts. 10.000; receipts. . include 9.000. government pigs which arrived under new maximum quota: hog market steady; all sold: heavies. $4.75; butchers choice and light unchanged at $4.75®5.15: thin and common bo trc $1 up. $4.85: nigs. 53.7d. EAST BUFFALO. Sept. 19.—Hogs—On sale 3 200: including 2.900 on government order; open market run scarcely enough to establish Quotations; odd sales. 5// 10c over Monday's average: desirable 180-2CO lbs , $5.40: mixed weights and plainer quality. $5. Cattle—Reobipts. 200: grass cattie trade slow. bidding lower; bulk e'igible 53.754; 4 50: cutter grade cows, un changed. $1.65® 2.40. Calves—Receipts 150- vealers. dull weak to 50c lower: good to choice. SB6B 50. Sheep—Receipts. 200: lambs draggy. weak to 2ac good to near choice natives. $7.25® 7.50: holding better lots around $8: medium kinds and mixed offerings. 56.50®7: throwouts quoted B *EAST ST LOUIS, HI.. Sept. 19.—Hogs— Receipts. 26.000. including 600 through. 100 direct and 15.000 government pigs: market active. 10® 15c higher, top. $5; bulk 170-230 lbs.. $4 35®5.80: 240-260 lbs $4 70 @4.85- 270-300 lbs.. $4.40® 4.60; 140-160 lbs $4,254( 4.75: 110-130 lbs.. 53.20®4: sows mostly $2.90® 3.25. Cattle—Receipts. 4.500; calves. 2.300: market strong to 2dc higher on native steers; western steers. 1015 c higher; native mixed yearlings and heifers and westrn heifers strong: other classes unchanged; earlv sales of steers. $3.00 . b; western steers. *3 70®4.38; western heifers. $5 30® 4: native mixed yearlings and heifers. 54.50®6; cows. $2.35® 3: low cutters. 51.25® 1.65: top sausage bulls. S2 good and choice vealers. $6 50: slaughter steers. 50-1.100 lbs . good and choice. $5.50 ®6.75■ common and medium. 53®5.50: 1 100-1,500 lbs., choice. *6®6 50: good, S5 25'/( 6 25: medium. $435.50. Sheep—Receipts. 3.000: market, fat lambs opened fullv 25c higher with spots up more; bulk lambs $76( 25; top, $7.25: paid by all interests; less desirable sorts. $6.75 down; medium sorts. $4.30® 5.50; common throwouts. $3.5064; slaughter ewes. *132 75; lambs. 90 lbs. down, good and choice. $6.5067.50; common and medium. $3.50® 6.50; yearling wethers. 90-110 lbs., good and choice, S4SS; ewes. 80-150 lbs., good and choice. *1.506 2.75: all weights, common )>nd medium, ®i,

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

Market Average 000 Twenty Active Issues Listed on the N. Y. Stock Exchange.

Jung July au&ust sept: 26 3 <Q T *4 S' f_ *' * * !' '8 I 5 [ i MONOAV OATES ! ' ■ v "*-‘ - a - 78 1 ; —• ; 1 —: 7B ! s- ! HI 1 a. • ■ 1 1 - 7 3 :—, —* I —— l ——jI ——i 73 i72 I I I } 1 1 ! t I * 71 j ; —i ;i —• —— — ,TI IH eg 1 I•IF tl :~~zzi=r=t=irz:^ *6 3 k Ittr I | 1 I Tt — —6B 67. 5 | fT- h-n 6 7 —rn 1 J > 62—4- l j j 1 i— kr- 1 62 =6l ■ - -JttY j T { 6 1 s 9 1 —— j —— tf-ttn l —* — 59 558 ; 1 — r 1 ; t 58 , I u ■ vU ■——i —i 1 5 * I: . j.-..j™LEjE--. rjpjj 55 gflU j ~ jyi’we T 1 1 S,MI$ ,M I I : Mff.AlTllidllillH'titmfltlillftlEE* §

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

Other Livestock BY UNITED PRESS PITTSBURGH. Sept. 19.—Hogs—Receipts. 2,000; including 1,200 government pigs; market, 15c higher; 160-220 lbs.. 55.40® 5.50: 125-140 lbs., $4.25® 4.75; pigs around $3.75; 250-300 lbs., [email protected]; packing sows. [email protected]. Cattle —Receipts. 30; nominal; good beef steers, quoted $44( 5.25; cows, $2.50®3; calves, receipts. 100; steady; good and .choice vealers, $7.50® 8; mediums, s6® 7: cull to common, s3® 5. Sheep—Receipts, 1,500; better grade sorted lambs, $7.25® 7.40, or steady; mixed. $7 down; bucks. $6.50 down; mediums: s4® 5.25; cull and common. s3®*'; yearling wethers around $5.25; aged kinds, s2®3; ewes, $1®2.50. FT. WAYNE. Sept. 19.—Hogs—Steady; 200-225 lbs., $5: 225-250 lbs.. $4.85; 200275 lbs.. $4 75; 275-300 lbs . 54.55: 300-330 lbs.. $4.40; 160-200 lbs.. 54.90; 150-160 lbs., $4.45; 140-150 lbs., $4.25; 130-140 lbs.. $3.90; 100-130 lbs., $3.35; roughs. $3.25; stags. $2. Calves—s 7. Lambs —$6.75. LAFAYETTE. Sept. 19.—Hog market, 10 to 15c higher; 200-250 lbs.. $4.90®4.95: 250270 lbs.. 54.80®4.85: 270-290 lbs.. 54.60@ 4.70; 290-325 lbs.. 54.35&4.30! 150-200 lbs.. $4.50®4.85; 130-150 lbs.. s4® 4.25: 100-130 lbs., 53.25®3.75: roughs. $3.50 down. Top calves—s6.so. Top lambs—s 6. KANSAS CITY. Sept. 19.—Hogs—Receipts. 28,000; including no directs; 24.000 government pigs; uneven. 5® 10c higher than Monday's average; top. $4.55 on choice. 180-220 lbs.: light lights. 140-160 lbs., $3.75®4.45; light weights. 160-200 lbs.. $4.25® 4.55; medium weights. 200-250 lbs.. $4.35®' 4.55; heavy weights. 250-350 lbs., $3.55® 4.40; packing sows. $2.45 i 3.40. Cattle—Receipts. 7.500; calves. 1.200: killing classes opening fairly active, steady to loc higher; thre eloads choice 1.300-lb. steers. $6.50; yearlings. $6.25: stockers and feeders steadv to strong; steers, good and choice. 550-1.500 lbs.. $506.50; common and medium. $2.50@5; heifers .good and choice. 550-900 lbs.. $4.75® 6.25: cow’s. $2.25 ® 3 50; vealers 53.50®6.50; stockers and feeders. $3.75’//5.35. Sheep—Receipts. 10 - 000: including 2.000 direct and through slow, verv little done: native lambs and odd lots sheep steady: best natives. 56.30: choice range lambs, held above $7. By Times Specicn LOUIS VVIL-LE. Sept. 19.—Cattle—Receipts. 200; slow mostly steady except buds 15c or more lower: bulk common to medium grass steers and heifers. s3®4; few to $4.25: best fed light weights eligible around $5.50; bulk beef cows. $2(2.2 50. low cutters and cutters mostly [email protected], sausage bulk, quotable. $2.75 down; common to medium, native stockers and feeders. $2.50® 3.75. Calves—Receipts 200: steady; better grades mostly 53®.5.50: medium and lower grades. S4 down. Hogs— Receipts. 1.700; including around 800 pigs on government order; 25c higher; 180-23a lbs $5.05; 240-275 lbs . $4.60; 280 lbs. up. $4 35- 140-175 lbs.. 54.20; 135 lbs down. $2.50: sows. $3.20: stags. $2.15. Sneep— Receipts. 300: steady on ah classes: medium to good lambs, mostly $6®6.00: choice eligible $7; bucks. ss® 5.50; throwouts. S3 50 ®4: fat ewes. Sl®2: most better stock ew ; es. s6® 7 per head, choice Idahos to $7.50. Receipts Monday: CaAle. 732. calves. 737; hogs. 1.838. and sheep. 1.339. Shiments Monday: Cattle. (0; calves. 448 hogs 578. and sheep. 234. Monday s hog receipts included 736 pigs on government order.

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds over 4% lbs., 10c; Leghorns, 7c. Broilers: Colored springers, 1% lbs. up, 10c; springers (Legnorn). 1% lbs. up 7c; barebacks. 7c: cocks, and stags. 6c: Leghorn cocks and Leghorn stags. sc. Ducks, large white, full feathered and fat. over 4 lbs., 4c: small and colored. 3c. Geese, full feathered and fat 3c. Young guineas, 20c; old guineas. 15c. Eggs No. 1 fresh country run eggs. 16c. Pullet esss. 10c. Each full egg case must weigh 55 lbs. gross: a deduction of 10 per lb. for each lb. under 55 lbs. gross will be made. Butter —No. 1. 25®26c: No. 2. 22® 23c. Butterfat —18c. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO, Sept. 19—Eggs—Market, steady; receipts, 8,026; extra firsts. 18%c; current receipts, 13%®15%c; dirties, 13%® 15c. Butter—Market, steady; receipt*. 19,770; specials. 23%®24c; extras. 23c; firsts, 17%fe18%c; seconds, 16’,2® lie; standards, 21 r 4 c. Poultry—Market, steady; receipts. 42 trucks; fcwls. l®ll%c; Leghorns, 8c- ducks, 84/11c; geese, Sc; turkeys 84/9c; rhosters. 64/7c. Cheese— Twins, 12®13%c; Longhorns, 12' 4 ®12 , 2C. Potatoes—Shipments. 522- arrivals, 96; on track, 322; supply hey, demand in trading light: market, slow- and dull; Wisconsin Round Whites, $1.50® 1.65; Minnesota Round Whites. $L45®1.50; Minnesota. North Dakota. Red River Ohios, $1.50® 1.60; few $1.65® 1.70; Minesota and Early Ohios. partly giaded, $1.250.1.30; few $1.4001.50: Idaho Russets, $1.9002.05; few, $2.10®2.15; No. 2, $1.75; Washington Russets U. S. No. 2. SI.BO. CLEVELAND. Sept. 19.—Butter—Market, firm: extras. 27c lb., in tubs: standards, 25 3 4 c lb., in tubs. Eggs—Market, steady: extras 25c: extra firsts. 18c; current receipts. 17c. Poultry—Market, firm; hennery colored fowls. 4% lbs. and over. 14c; medium colored fowls. 13c: Leghorn fowls. 3% lbs. and up. 10c: Leghorn fowls. 8c; Leghorn broilers. 12c: heavy colored broilers. 15c: medium colored broilers. 13c: rock broilers, heavy. 15c: ducks. 5 lbs. and up. 11c; ducks, colored and light. 8c: roosters. 9c; turkeys. 21c. Potatoes —New Jersey and Maine cobblers. $2.25. 100-lb. sack; Long Island. $2.55 per 100-lb. sack; Ohio round whites. 52.25® 2.30 per 100-lb. sack: Idaho russets burbangs. $2.25 per 100-lb. sack. Births Bovs * James and Margaret Compton, 2421 Massachusetts. _ ... Herman and Hester Cox, St. Vincent s h0 john l and Madelyne Hartman. St. Vinvent’s hospital. „ ~ Frank and Stella Mayer. St. Vincent 0 hospital. , Girls Henry and Rose Kern. 837 North OaklaEarl and Gladys Litterer. 2231 Wheeler. Deaths John Camille Leverenz. 5. Methodist hospital, septicemia. William H. Lanich. 60. 1429 Fletcher, angina pectoris. Charles Fletcher. 85. 810 Harmon, chronic Frank Edward Abbett. 52. Hampton Court, coronary embolism. Mvrta Luella Hood. 63 1344 West Thir-ty-fourth. chronic myocarditis. William J. Flahertv. 63. 1034 Church, chronic myocarditis. Rose Irene Dailey. 24. 530 Jones. urem.a. Sallie Miller. 48. 716 South Mount, hypostatic pneumonia. . , Carrie Fleetwood. 53. Long hospital, lethargic encephalitis. .... ... ... John C. Peters. 79. Methodist hospital, hypostatic pneumonia. James Holloway. 50. 1002 Hadley, chronic m Nancv Plummer. 82. 2903 Moore, cerebral hemorrhage. Grace McCord. 40. 2223 \Vheeler, acute “K is 8 Bock!' 57. 1635 Bellefontaine. Ce Tildt l Hoa?t or 76 af &<* West North, cirrh°Louis‘Felskc\ 88. 1433 South State, cerebral hemorrhage. , . , Rebecca Akers. 80Z 717 Cottage, cerebral h? Alice b Peafl Lewis. 57. St. Vincent's hospital. toxiv thyroid. , , Haze! Tribbv. 49. 4057 Bvram. cerebral NEW YORK RAW SUGAR FUTURES —Sept. 18— High. Low. Close. January 1.63 1.61 1.61 March 1 70 1 67 1.67 May 1.75 1.72 1.72 July 1.80 1.77 1 77 September 154 December * A.62 1.59 .1.59 INDIANAPOLIS WAGON WHEAT City grain elevators are paying 82 cent* tot* No. 2 soft red wheat. Other grades QA *

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

‘Cut Ups’ Damon and Pythias Act in Court Explains Knife Wound. DAMON and Pythias had nothing on William Dotson, 1940 Lewis street, and Lyman Reed, Negro, 2058 Yandes street, who presented a “brother” act in municipal court Monday. Reed was charged with cutting Dotson's head with a knife, and Dotson was held on vagrancy charges, as a witness. Police said he reported the incident Sunday night and pointed out Reed as the knife wielder. In court, Dotson, his head bandaged. told Judge Dewey Myers: “Judge, don’t do anything with Reed. He's my friend. We were sitting back of a church at Twentieth and Yandes streets Sunday and were just playing with the knife and it just happaned to come open. We were just playing, that’s all.” Called to the witness stand, Reed testified: “No, we weren't mad, judge—just skylarking around.” Dotson disagreed with Myers’ suggestion that he serve Reed's sentence, and left the courtroom when Reed was fined $1 and costs and sentenced to thirty days in jail. After Dotson’s departure, Myers said: “Well, if these boys enjoy playing with knives and cutting each other, I guess I will suspend this sentence and let them cut up all they want.” PHONE OFFICIAL TAKES POSITION AT VINCENNES R. C. Mathews Ends Ten Years of Service in Indianapolis. Indiana Bell Telephone Company announced today that R. C. Mathews of the Indianapolis business

office had been appointed manager at Vincennes to succeed Diod Finical, retired. Mathews has served in Indianapolis for ten years and is president of the Hoosier State chapter, No. 16, Telephone Pioneers of America. He was given a farewell dinner by his associates before leaving for his new post.

Mathews

Mathews now is in Vincennes becoming accustomed to his new duties before he takes active charge on Oct. 1. TRAPPER SAVED BY DOG Pet Drives Off Bear Chewing on Leg of Master. By United Press HOQUIAM, Wash., Sept. 19.—John Huelsdonk, the venerable “iron man of the Hoh,” has nothing but undying praise for his cougar dog. Huelsdonk is recovering from severe bites and scratches following a terrific battle with a she-bear while he was on fire patrol duty. The bear knocked him down and chewed his leg. His dog attacked the bear long enough to permit Huelsdonk to recover his rifle and shoot it. The veteran trapper and hunter walked five miles to a hospital and hadiwhat he termed “scratches” dressed. WRONG NAME PRINTED Sidney Weinstein Is Not Official of Whisky Certificate Firfti. The Times has been asked by Sidney Weinstein, local business man, to correct a statement in a story published Friday, in which Weinstein was named as treasurer of the Central States Brokerage Corporation of this city. Weinstein said he is not the treasurer *of the company, which was formed here for the purpose of dealing in whisky warehouse certificates.

In the Cotton Markets

—Sept. 18— CHICAGO High. Low. Close. January 10.30 10.17 10 30 March ’0.49 10 *0 10 48 Mav 10 66 10.50 10.52 October 9.99 9.82 9.97 December 10 22 10.03 10.20 NEW YORK January 10.27 10.07 10.27 March 10.42 Mav 10.60 10 43 10.60 October 997 9.70 9.95 December 10.18 9.95 10.16 NEW ORLEANS March 10.41 10.23 10,41 ‘2:S *B} .December j**jmuLvu IQli M*i Ml*,

PAGE 13

GRAIN FUTURES DISPLAY FIRM TRADEACTION Puplic Confidence Shown by Wide Interest in Market. BY HARMAN W. NICHOLS I'nitcd Pretft Staff Corrrapondent CHICAGO, Sept. 19.—Wheat displayed strength at the opening of the Board of Trade today and was back at the dollar mark. May rising cent to $1.00*2. December was up ** cent to 95' 4 cents. On the basis of gold, in the opinion of some brokers, very little progress has been made in reflecting the improved statistical background of wheat. Talk of inflation, however, was given as the prime factor in the continued strength. December com followed wheat up, rising *4 cent, but May was off fractionally, % cent. Oats was unchanged to % cent off. Public Has Confidence News other thar inflation was being ignored by gram traders. Although the American dollar reached anew low Monday It was the belief of foreign countries today that the United States soon would make some definite announcement. Public participation Monday gave evidence that the public has more confidence in the wheat market. Strength in Winnipeg helped this market and Liverpool opened today higher than expected, apparently influenced by the United States’ upturn. Corn Crop Well Along Reports have reached the pits that most of the new corn crop is sufficiently developed to stave off attacks by the frost which will arrive soon. Therefore old corn was sold freely Monday, more than onehalf million bushels being booked. There was some buying of oats on the recessions, but the undertone generally was strong except with the adverse action of other grain trades. Chicago Primary Receipts —Sept. 18Bushels Wheat . T°dav Last Week Corn 1.042.000 1.414.000 Oats 977.000 945,000 v - ,atS 422,000 468.000 Chicago Futures Range WHEAT- ~ SeDt ’ 19 ~ prey December H 96%' L 9 °5V '95% M CORN— "* 1 00 ’ 8 - 8934 1 °°' -99% December .84% .54% .54% .55 OATS—" ’ 6l - 60 2 -6U4 December .42% .41% .42 42 RYB_'" ? ‘ ’ 4558 ' 45,/ * ’ 45,i : % December 77% .76 .76% 76% ’’barley— * ■’ • < M. m . b "..vas T ST L °UIS CASH GRAIN ST. LOUIS. Sept. 18 —Cash grain: Wheat —ln good demand, steady to %c lower on red and steady to Vc lower on hard; No. 2 red, 92 n 93c; No. 3 red. 91%® 92c- No 2 red garlicky. 91 %c; No. 3 red earlickv. 89c; No. 1 hard. 93c: No. 2 hard. 92@92%c ! No. 3! hard. 91 %c; No. 1 mixed. 92c; No i mixed, 91c; No. 3 mixed, 91c. Corn—ln fair demand, unchanged; No. 2 yellow. 50 (ft I2: 2 =U No - 2 iSllow, 49%®50c; No. 2 white, 52%53%c; No 3 white. 52c. Oats—ln good demand, unchanged to %c higher; No 2 white, 38c; No. 3 white. 36@37%c; No. 4 white, 35c; No. 1 mixed. 38c; No 2 mixed. 36%®37e. CHICAGO CASH GRAIN By United Press 18.—Cash grain close: Wheat—No. 2 red. 93c; No. l dark hard 95c; No. 1 hard, 94 l :,c; No. 2 hard, 92 3 4@ 93c; No. 3 hard. 92%c; No. 1 mixed, 93c. Corn—No. 2 mixed, 57%®51%c: No. 2 yellow, 51@52c; No. 3 yellow, 50%®'51%c; No. 4 yellow’, 50%c; No. 6 yellow, 47%c; No. 2 white. 52@/53%c. Oats—No. 2 white, 37% ® 43c; No. 3 white. 36%®;41c. Rye—No sales. Timothy—ss.2s® 5.50. Barley—44®) 78c Cloverseed—sß@ 10.25. Cash provisions—Lard. $6.12; loose, $5.40; leaf, 56.25; D. S Bellies, $6.12. TOLEDO CASH GRAIN TOLEDO. Sept. 18.—Cash grain close: Grains in elevators, transit billing: Wheat —No. 2 red, 92%@93%c: No. 1 red, l®l%e premium. Corn—No. 2 yellow. 55®56c. Oats—No. 2 white. 41® 42c. Rye—No. 2. 80 ® 81c. Track prices. 28%c rate. Wheat— No. 1 red. 88%®.89%c; No. 2 red, 87%®) 88 %c. Corn—No. 2 yellow, 50%®51%c; No. 3 yellow, 49%®50%c Oats—No. 2 white, 8® 9c; No. white 6%®3%c. Toledo seed close: Clover—Cash. 56.58; October. $6.458; December. $6 608 Alsike—Cash, $8; December, $8.25. Toledo produce close; Butter—Fancv creamery, 27c. Eggs— Extras. 19%®20c. Hay—Timothy per cwt., 70c.

Indianapolis Cash Grain

—Sept. 18— The bids for car lots of grain at tha call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41% New York rate, were: .Wheat—Steady; No. 1 red. 85%®86%c: No. 2 red, 84%@85%c; No. 2 hard. 84%® 85 1 iC. Corn—Easy; No. 2 white. 45%®46c. No. 3 white, 44%® 45c: No. 2 vellow. 42%®43%c; No. 3 yellow. 41 ’2 ® 42%c. No. 2 mixed. 41% ®42%c; No. 3 mixed, 40' 2 ®41%c. Oats—Steady: No. white. 33%£?34%c; No. 3 white. 32%f/33%c. Hay it. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) Steady; No. 1 timothy. $6®6.50; No. 2 timothy. $5.50® 6. —lnspections Wheat—No. 1 red, 3 cars; No. 2 red, 8 casr■ No. 5 red. 1 car; No. 1 hard, 2 eras; No. 2 hard. 3 cars; No. 2 mixed. 1 car. Total, 13 cra3. Corn—No. 1 white. 1 car; No. 2 white, 11 cars: No. 3 white. 7 cars; No. 4 white 1 car; No. 2 yellow. 31 cars; No. 3 yellow. 14 cars; No. 4 yellow, 5 cars; No. 2 mixed 1 car. Total. 71 cars. Oats—No. 2 white, 7 cars: No. 3 white 5 cars; No. 4 white. 1 car. Total. 13 cars.

OUR TRAINING is to stress the need rather than the product. Robert Fulton failed to sell Napoleon because he talked about his steamboat rather than the need of ships that could buck the winds and move at will. Ward H.dackleman And Associate* Massachusetts Mutual Life Ins. Cos. 800 Continental Bank Bid*.

We Buy and Sell Building and Loan Company Shares and Paid-Up Stock T. P. Burke & Cos. Incorporated SUITE 217-224 CIRCLE TOWER PHONE RI LEY 8536

COLLATERAL / vU loans " /%/ No Co-Maker* Repaid Over a Whole Year The Indianapolis Morris Plan Cos. S. E. Corner Delaware and Ohio ht*. RI. 1536.

BUY YOUR 30TH & CENTRAL SALES TA. 5550