Indianapolis Times, Volume 45, Number 115, Indianapolis, Marion County, 22 September 1933 — Page 17

SEPT. 22. 1932

Wall Street Proposals to Form New Jersey Stock Exchange Become Involved: Second Plan Put Forth. By RALPH HENDERSHOT Timet Bveeitl Financial Writer

The proposed formation of anew stock exchange in New Jersey becomes more interesting every day. A second group has announced that it is going ahead with plans for an exchange, and Colonel William Freiday, president of the National Stock Exchange, claims that the fact a second group is interested ha* not altered his ideas in the least. The New York Stock Exchange has not given official approval of either plan. It is known, however, that it favors the plan put forth by the twelve brokers headed by Howard Froellck, of De Coppet & Doremu*.

In fact, there is reason to believe that important officials of the exchange took a prominent part in drawing up this plan. Some brokers are inclined to believe that the fact the exchange has not come out officially in support of the plan it favors is that it has no intention of going through with it but rather proposes to use it as a threat to hold over the head of Mayor' O'Brien in the hope of forcing him to veto the new tax laws. Others take a different view, however. nan Will Go Ahead With Plans Colonel Freiday claims to be really sincere in his determination to form a New Jersey exchange. He conferred for quite some time yesterday with Governor Moore of New Jersey and Mayor Frank Hague of Jersey City, and appeared quite confident of their support. He be!i ov es the savings by reason of the fact that New Jersey has no State tax on securities warrants the creation of an exchange across the Hudson

Ralph Hendershot

river, irrespective of what New York City may or may not do in the way of taxes. TU® new York Stock Exchange’s apparent rejection of the Freiday exchange is believed to be due to the fact that it is an incorporated institution. The “big board’’ authorities have consistently fought all attempts to incorporate that organization primarily because of the regulations to which they might be called upon to submit. Whether this factor is an important one so far as individual brokers are concerned remains to be seen. a a a Brokers Want New Exchange f But Irrespective of the plans of the New York Stock Exchange executives, the member brokers are very sincere in wanting to form an exchange in New Jersey. And well they might be. A membership sold yesterday for $150,000, a decline of $50,000 from the last previous sale. This sharp decline reflects a fear that considerable business will be diverted to other exchanges in the event the city tax program is approved by Mayor O'Brien. And even though the local taxes never are levied, the chances are that some business will go to out-of-town exchanges because of the New York State tax. The attention of traders has been called to the fact that they can save money on their transactions if they deal through another institution, and they are likely to demand the saving. In other words, in the event the exchange officials succeed in selling the city on the inadvisability of attempting to collect stock transfer taxes, they may find also that they have sold their clients on the folly of paying any transfer tax other than that collected by the government.

New York Stocks ———— ; Bv Abbott Hoppin & Cos.) “”““

—Sept. 22 10:30 Prev. Oils— High. Low. E.D.T. close. Amerada Atl Rfg • 2V', Barnadall 8H & Consol OH }?, Cent of Del 1?% 1 ?Z / Houston mewi. • •> Houston (o'di 26 27 Mid Cont Pet }2% 13 Ohio OH }5% 15% Pet Corp 12 12 Phillips Pet 16H 15% Pure Oil 13% 13 Royal Dutch 34 % Sbd Oil 32 a Shell Union 8 • Simms Pet 1J 2 Skelley OH ,5, Soc Vac ~ •• • If 4 SO of Cal 41% 41*4 41% 41% S O of Kan 29 S O of N J 42 4 gun Oil 47% 4i‘4 Texas Corp 26 25% 25% 26 1 4 Tidewater Assn _?% 9' 4 Cn Oil of Cal 20'a 20% Steel*— Am Roil Mills 18, 18 Beth Steel 33% 34 4 Bvers AM.. 26% 27% Col Fuel & Iron Cruc Steel 23 Inland Steel 36 Ludlum Steel 12*4 12 4 McKeesport Tin 81 2 Natl Steel a Rep Iron & Steel .. ... ••• Jj * Rep Ir &• Stl pfd ... ... 35 U S Smelt . 91% 91% 91% 89 2 Vanadium 20% 20'* 20 a 21 U S Pipe it Fdv *l% U S Steel 4? 4i% U S Steel pfd. >2 2 Younkstn 8 6c T .. 2Z Rails— ~ Atchison J'** 21 2 Atl Cst Line 34 35 B & O 28 f 8 , 2 Ch & Ohio 41 41 Chi & Gt W ■ 3 2 CMIiStP... 5% 52 C M & St P Pfd 9’k ,i Chi N W 8% Chi R Isl 4% 4_ Chi R I T'V pfd ■ * Dela 6c Hud Erie •• ••• ••• * Grt Northern 19,* 111 Central 31% 30 4 K C Sou I’ Lou 6c Nash 43% M K 6c T 9% 9% Mo Pac ••• 1 Mo Pac pfd ® N Y Cent 40 39% N Y Chi & St L 15,♦ N Y Chi6rStL pfd 18 s N Y New Haven 29* N Y Ont 6c Wes 10 Norfolk 6c Wes 1 , Penr I R C R . 31 30% 31 30%* Heading oos po ■ cn,, p ir 23 22 \ 22*4 2o*^ ¥ou R R 25% 24% 24% Sou RR PM ~,u ,f: 3 2 Union Pac 112% I*3 W*M3*rTland .... 9% 9% 9% 9% AutaSTT. 50% 50% Gen' Motors 29% 29% 29% 29% Graham oMt .2.* Hudson if * MacS Truck ••• 34% 34% Nash - 2 2 2, Packard 3% 3% 3% 3 Reo 2** Studebaker 3 j? Yellow Truck 3 * Motor Acres*— Bendix I® 4 * 1* 3 S2S?4SKU-::::: ::: •* % luirwheei :::::: ::: f* % Pn Au" K L.te :is -17% Ift l|% Hond Mershey J * Mullins Mfg 4% 4% Murray Body 3 • stew Warner , ••• .2 2 Timken Rol 27% 27% 2.% 2.% Alaska fun 25% 25% Am Smelt 44 • Anaconda 13 2 Cal 6c Hecla 6% Cerro De Pasco 35% 34 * Granby % 10% C.t Nor Ore 13 * A‘ * Homestake Min 354 354 Howe Sound 3 ‘ • St SSS3T if. ■. .... * f&£SSt, ii ir. ii 84 Norarda Cop . 34% 34% 34% 34% Phelps Dodge 16 Tobacco*— Am Snuff 47% Am Sum Tob • Am Tobacco A ■ „ 86 Am Tobacco B 8. a 88% Lle 6c Mvers B 95% 96 Lombard .• ... 20% 21% Remolds Tob B 49% 49% AiUs’chalmerT 16% i®^ £“>* Fdv : :: ::: 30 !& Am Mach 6c Fdv 15% 16% Am Steel Fdv ... 18 18 j B i.d Loco 12 11% 13 11 a Burroughs o“r Tract.. 19% 20 Coisat Palm Peet 14 a Congoleum EJ*C Storßat ... 45 Foster Wfcee>r 15% C-er Am -k Car 31% 33 Ingsol Rand 56% fij SKxJSJ?:: :: ::: Natl I 'cash Reg 16% '16% 18% 17 Proc 6c QamMe 39 Pullman toe 45% 46 % Simmon* tod ... 21 4 West Air B 3.% 3. a Westing.' Slec 39 k 39 4 Worthington Pm 25 3 ArnTpu" Pwr .9% 9% 9% 9% A B T&' m T r *...*12* 123% 124 124 * Am Wat Wks... 20% 20 20% 19% Brook Un Gas 68 Col Gas 6c Elec. .. . ... 13 l3 4 Com 6c Sou 2 . 2% Consol Gas 41 4 41 Elec Pwr * Lit 5 a 5% E P 6c L pfd ... ■ •• ... 12% Int T6c T 12% 12% 12% 12% Lou O 6c B A }■ Nat Pwr 6c Lit 10% 10% North Amer •< Pac GA- E. 20% 21 Pub Serv N J 34% 34 So Cal Edison r I*% 18% Std Gas 9% 9% Std Gas pfd .. - 10 10% United Corp 6% 6 6 6 Cn Gas Imp 15% 15% 15% 15% Ut Pwr Sc Lit A ... ... 3% Western Union 59 58 % 58 59% Rubbers— Firestone 34% 33% 24% 24 Goodrich 14% 14% Goodyear ... 36 *a 36% U S Rubber .... 17% 17% 17% 17%

. U S Rub pfd 29% ! Kei Spring 3% Amusements— Crosley Radio 10 Fox Film 15 Loewes Inc ... 30% 30% Radio Corp 7% 7% RKO 2% 2% Warner Bros 7% 7% Foods— Am Sugar ... 64 j Armour "A" 4% Beatrice Cream 14% 14 | Borden Prod ... 22% 22% , Cal Packing 20% 22 Can Dry G Ale 29 Coca Cola ••• 88% Cont Bak "A” 12% 13 Corn Prod 85% Crm of Wheat 31 Gen Foods ... 34% 35% Gold Dust 20% 20% G W Sugar ... Hershev 52 Int Salt 23% Loose Wiles ... ... 39 Natl Biscuit ... 52% 53 Natl D Prod 15% 15% Purity Bak 17% 17V* S Porto Rico S .. ... 41 Std Brands 25 24% 25 24% United Pruit ... 60 60% Wrigley ... 52 52% Retail Stores— * Ass Dry Goods 14% Best 6c Cos 27 28% Gimbel Bros ... 5% 5% Gr Un Tea 6 Hahn Dept. Sts. .. ... 6 6 Jewel Tea ... .. 34% Kresge S 8 12% 12% Kroger Groc 23 23 Macv R H 06% 57% Mat Dept St ... 29% 30 Mont Ward 21% 21% 21% 22 Penny J C ... ... 45% Safeway St ... ... 42% i Sears Roebuck 4040 Wooiworth 38% 38% Aviation— Aviation Corp 9% 9% Douglass Air 13% 14% , Curtiss Wright 'A' . . ... 5 5 Nor Am Av ...... ... ... 6% I United Aircraft.. 32% 32% 32% 31% Chemicals— Air Reduction .104% 104% 104% 105 Allied Chem 135 Am Com Ale 59 58% 59 59 Col Carbon 55 Com Solvenlts 35% 34% 35% 35% Dupont 75% 74% 75% 75% Freeport Tex 42% 42% 42% 42% Liquid Carb 28% 28% Natl Alkali 38 37% 37% 39 Tex Gulf Suiph 34% 34% I Union Carbide ... ... 43% 44% U S Indus A1e.... ... ... 65% Nat Distil 94% 83V, 84% 93 Drugs— Cotv Inc 4% 4% Drug Inc 44% : Lambert 30 30 : Lehn A- Fink 18% i Zor.ite Prod .... 6 5% 6 6 I inancial— I Adams Exp ... 8% I Alleehenv Corn 4 3% 4 4% Cfcesa Corp / 40% Transamerica . f .. ... 6% 6% Tr Conti Corp. .. .. ... 5% 5% Building—!Am Radiator .. 14% 14 14 14% Gen Asphalt ... 17 16% 16% 16% 1 Int Cement 28 Johns Manville . . 50% 50% Libbv Owens Gls 29 28% 28% 28% . Otis Elev 15 i Ulen Const 2% Miscellaneous—- | Am Bank Note 15% 1 Am Can 90 ' Anchor Cap ... 23 22% Brkivn Man Tr 27 27% I Conti Can 64 63 % 64 64 Eastman Kodak. .. ... ... 82% Owens Bottle. ... 74 73% 74 74 Gillette 13% 13% 13% 13% Gliriden 18'b 18Z* Gotham Silk 9 9% Indus Ravon .. 66% 67% Inter Rapid Tr. 6% 7 Real Silk Hose 11% Births Girls William and Velma Barror, 3215 West Michigan. .. _ Ravmond and Mary Eggers. 811 Chase. Virgil and Bernice Rettig. 3736 East Twenty-eighth. __ _ „ Marion and Jessie Willis. 2713 North C *GHbert and Lucille Hill, 1619 Alvord. Carl and Viola Shaffer. 775 Haugh. James and Idella Washburn. 5420 West Washington. Bovs Edgar and Mary Jewell. 853 Edgemont. William and Mary Hopper. 807 Warren George and Hannah Studebaker. 2308 Shelbv Roscoe and Thelma McCane. 1217 Myron Jacob and Helen May. 513 West Ravv James and Blanche Sbevenson. 2328 Aqueduct. . . .... Gilbert and Margaret Leonard. 1465 English. . .... _ Roy and Ethel Pennington. 1338 Cos and Rubv Shirdiff. 1203 West Leslie and Emma Hudson. 838 Cleveland Charles and Mary Sullivan. 413 Arbor. Horace and Grace Spencer. 1513 North °l?erbert and Essie FTderick. 2205 West M o:Vver and Carleen Wvatt. 1072 Holburn. Georg* and Matilda Smith. 2060 North Ernest and Pauline Hoskey. 2320 East 1 Forty-sixth. .... .. Walter and Mildred Coffey. 1130 North Butjer. , Deaths Linda E Hamilton. 79. 1604 Hoyt avenue, cerebral hemorrhage Rose Faulkner. 58. 1410 North Sherman drive, pernicious anemia Elizabeth Lucinda Chaney. .9. a36 Highland, arteriosclerosis. Lizzie M Howland. W. 5223 Matthew* cerebral hemorrhage. Robert Southgate. 5 months, city hoapital gastro-enteritis. Thomas J Ellis. 76. 1902 North Illinois, uremia. Olivia Sullivan. 37. 4066 Park, broncho pneumonia Lena Lillian Pollock. S months, city hospital. acute gastro-ententis. William Welch. 73. city hospital, pulmonary tuberculosis Louise E Schuesler. 27. Christian hospital sepMcemia Alice E Wataek. 46. 537 Woodlawn. lobar pneumonia Julia Klein. 47. 823 Eastern, carcinoma Mathilde R Stillson. 73 4345 North Meridian coronarv occlusion. • Surah Palmer Sherwood. 85. 2837 North Meridian arteriosclerosis Charles Barrons 47. 1346 Blaine, chronic mvocarditis Wilbert Luther Wright. 72. 609 East Forty-second, multiple sclerosis of spinal cord. The rtir in New York City is cleanest in April and mos( laden with dust and dirt in Dumber, according to a check last _y e ar.

UNEVEN TREND MARKS TRADING IN STOCK MART Gold Issues Bid Up Early on Rise in Metal at London.

Average Stock Prices

Average of thirtv Industrials for Thursday. histh 102 29. low 97.15. last 97.58. off 553 Average of twenty rails 45 84. 42 33. 42 85. off 401 Average of twenty utilities 26 41. 25 31. 25.84 off 1.10. Average of forty bonds 83.68, off .79. BY ELMER C. WALZER United Pres* Financial Editor NEW YORK. Sept. 22. Prices moved irregularly in active turnover involving large blocks at the opening on the Stock Exchange today, while the dollar was slightly higher, bonds were mixed, and cotton futures rose $1 to $1.25 a bale. Gold bars in London rose to 113 shillings 7 pence per fine ounce, up 10 pence from Thursday. On the basis of the pound at the opening in London States equivalent worked out at $31.86 an ounce, against $31.81 Thursday, based on the New York sterling close. The increased price for gold aided the gold mining shares, which were depressed sharply Thursday. Other mining ani smelting issues followed the lead of the gold issues. U. S. Smelting was bid up 2!4 points to 91%. In the gold group Mclntyre Porcupine rose a point to 43% and Dome made a smaller advance. Copper shares were better with Cerro de Pasco up a point at 35%. Large blocks came out in many issues. Radio opened 5,000 shares at 7%, unchanged; Montgomery Ward 3.000 at 21%, off %; International Telephone 3,000 at 12%, and United Corporation 3,000 at 6, unchanged. Railroad shares were depressed further after Thursday’s selloff. Union Pacific lost 1% to 112%. Rubber shares declined fractionally. Mail order issues were steady, as were wet stocks. Leading industrials and utilities held around the previous close. Farm equipments were better.

Bank Clearings

INDIANAPOLIS STATEMENT —Sept. 22Clearings $1,512,000.00 Debits 4,040,000.00 TREASURY STATEMENT —Sept. 22 Net bal. for Sept. 20 $1,196,126,579.59 Misc. Int. Rev. Rects 2,266,314.36 Customs rects.. mo. to date 20.950.883 92 New York Curb (By Abbott. Hoppin & Cos.) —Sept. 21— Close; Close. Alum Cos of Am 69 Irving Airchute. 5 Am Cts P & L B 2% Lake Shore Mi 47 Am Cyan B ... 11% ~3u nt Prod ... 4% Am Gs & El.. 23%8e11as Hess 2% Am Sup Pwr. . . 3 l|; Hud Pwr 7 Ark Ntl Pwr A 1% ’ .i Am Airways 50% Ass Gas A ... 1 Parker Rstprf.. 57% Atlas Ut Crp.. 12 Pennroad .... 3 Can Marconi .. 3 St Regis Paper.. 3% Cent Sts El ... I%'Salt Creek P.. 66% Cities Serv ... 2% Std Oil of Ind. 31 Comm Edison.. 45 Std Oil of Ky. 16V 4 El Bnd & Sh.. 15% Stutz 6% Ford of Eng .. 5% United Founders 1% Ford Mot Can 13% United Verde ... 3% Hudson Bav M 10% Util Pw & Lt.. 1% Imperial Oil . 12%l New York Bank Stocks By Abbott. Hoppin & Cos. —Sept. 21— Bid Ask Bankers’ Trust 49% 50% Brooklvn Trust 100 105 Central Hanover 107 110 Chase National 21% 21 7 /e Chemical 33% 34% Citv National 23% 24 Corn Exchange 48% 49% Continental 14 14% Empire 18% 18% First National 1.180 1.200 Guaranty 249 252 Irving 16 16% Manhattan & Cos 23% 23% Manufacturers 13% 13% New York Trust 82 84 Public 31% 32% Liberty Bonds NEW YORK. Sept. 21.—Closing liberty bonds: (Decimals Represent 32nds.). Liberty 3%s (32-47) 102 8 Liberty First 4%s (32-47) 102 20 Liberty Fourth 4%s (33-38) 102 24 Treasury 4%s f47-52• 110% Treasury 4s (44-54) 106.12 Treasury 3%s (46-56) 104.17 Treasury 3%s (33-47) 101.18 Treasury 3%s <4l -43) March 101.16 Treasure 3%s (40-43) June 101.14 Treasury 3%s 146-49) 99.27 Treasury 3s (51-55) 98.20 Treasury 3%s (41-100) 100.25

Foreign Exchange

(By Abbott, Hoppin & Cos.) —Sept. 21— Close. Sterling. England $4.78%.. Franc. France 0608 Lira. Italv 0812 Belgas. Belgium 2135 Mark. Germany 3655 Guilder Holland 6180 Peseta. Spain 1287 Krone. Norway 2385 Krone. Denmark 2125

Daily Price Index

By United Press NEW YORK. Sept. 21.—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 Average. 100) Today 102.76 Wednesday '..... 104 20 Week ago 102.10 Month ago 101.5* Year ago 80 26 1933 High (July 18) 113.52 1933 Low (Jan. 201 67 86 Copyright. 1933. bv Dun & Bradstreet. Inc.

Investment Trust Shares

ißv Abbott. Hoppin & Cos.) —Sept. 21Bid. Ask. American Bank Stocks Corp... .90 100 American & General Sec A.. 5 50 6.50 Basic Industry shares 3.40 3 48 British Tvpe Inv Tr shares.. .55 65 Collateral Trustee shares A . 4.75 5 12 Corporate Trust shares (old'.. 2 26 2.31 Corporate Trust shares mewl 2.40 2.44 Cumulative Trust shares.... 420 4.25 Diversified Trust shares A.... 6 00 Diversified Trust shares B. .. . 7.75 8.10 Diversified Trust shares C... 3.20 3.25 Diversified Trust shares D .. 505 5.10 First Insurance Stock Corp.. 1.40 1.50 First Common Stock Corp 1 00 1.15 Fixed Trust Oil shares A 8 50 Fixed Trust Oil shares B 7.37 Investors Inc 18 25 19.87 Low priced shares 6.12 6 37 ! Mass Inv Trust shares 18 37 20.12 Nation Wide Securties 3 30 3 45 North Amer Tr shar i53i... 1.85 North Amer Trust shar (55-561 2 44 2 49 Petroleum Trust shares A... 11 00 14.00 Selected American shares ... 2.62 ... Selected Cumulative shares... 690 i 12 Selected Income shares 362 3.(5 Std American Trust shares A 305 3 .2 Trust shares of America .. 300 308 Trustee Std Oil A 5.30 5.50 Trustee Std Oil B 480 4.90 U S Electric Lt Pwr A 11 50 12 00 Universal Trust shares 3.00 3.10 CHICAGO FRUIT MARKET By United Press CHICAGO. Sept 22 —Apples—Michigan wealthies bushel 90c@*l 15 Pears—Michigan Bartlett bushel tl 85©2. Canteloupe Michigan 50® 65c Carrots bunch I*2ft 2: bunch 65® 75c Eggplant— Illinois 25@SOc Spinach—Michigan 65@ 85c: Illinois. 50c Cucumbers— Michigan. 40®60c. Illinois. 25ft50e. Beans—lllinois. 25c@$l Cabbage—Wisconsin crate, sl® 25c. 100 lbs. $125 Peppers—EUnois. 35@ 75c: Michigan. 40ft 60c. Celery—Michigan. 25® 50c Corn—lllinois. 20® 35c; Wisconsin sack. *1 Tomatoes— Michigan. 25® 35c. Onion market—California: Yellows bushel. 85c. Wisconsin: Yellows bushel, 65® 75c. Indiana: Teilqfrs bushel, 65@70c. Minnesota: Whites Bushel sl.

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The follownig quotations do not r-nre-sent actual bids or offerings, but merely indicate the approximate market level based on buying and selling inaulrles or recent transactions. —Sept. 21Bid. Ask. Belt Rail & Stock Yards com 28 33 Belt Rail & Stock Yards, pfd 45 50 Cent Ind Pwr pfd 1% 8 U Citizens Gas Cos pfd 574 63 67 Citizens Gas com 16 y> Home T & T Ft Wayne pfd 774 36 Ind & Mich Elec Cos pfd... 67 71 Ind Gen Service Cos pfd 674.. 64 68 Ind Hydro Elec Cos 774 22 26 Indpls Gas Cos com 40 44 Indpls Pwr Lt pfd 874 50 54 Indpls Pwr & Lit pfd 6Vi64.. 54 58 Indpls Water 574 pfd 89 93 No Ind Pub Serv Cos pfd 6% 22 26 No Ind Pub Serv Cos old 5%74 21 25 No Ind Pub Ser Cos pfd 7T,.... 25 29 Public Serv Cos of Ind pfd 7% 21 25 South Ind Gas & El pfd 6%.. 56 60 Terre Haute Elec pfd 674... 21 25 BONDS Cltjzens Gas Cos 5s 1942 86 90 Home T & W sVis 1955 97 100 Home T & T W 6s 1943... 98 102 Indpls Gas Cos 5s 1952 74 77 Indpls Rys Inc 1967 30 33 Indpls Water Cos sVis 1940.. 98 101 Indpls Water Cos 5s 1960... 95 99 Indpls Water Cos 5s 1970 94 98 Indpls Water Cos sVis 1953.. 100 103 Indpls Water Cos sVis 1954.. 100 103 Kokomo Wat Works 5s 1956.. 78 82 Lafavette Tel Cos 5s 1957.... 83 87 Muncie Water Works 5s 1939.. 9< 98 Richmond Water Works 1957.. 85 89 Terre Haute Wat Wks 5s 1956 83 8 1 Terre Haute Wat Wk 6s 1940.. 95 99 Traction Terminal Cos 5s 1957. 45 49

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4Vi lbs.. 10c; Leghorns. 7c. Broilers: Colored springers. lVi lbs. up, 10c; springers (Legnorni. lVi lbs. up 7c: barebacks. 7c; cocks and staas. 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 eggs, 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. 25026 c: No. 2. 22®23c. Butterfat—lßc. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO, Sept. 22. Eggs—Market, steady; receipts, 2,929; extra firsts, 18c; dirties, 12%c; current receipts, 14® 15c. Butter—Market, weak; receipts. 14,249; special. 23Vi@24c; extras. 23c: extra firsts, 20%© 21Vic; firsts, 17%®18%c; seconds, 16%® 17c; standards, 216 c. Poultry—Market, steady to 1 cent lower: receipts, 19 trucks; fowls 10@llVic; leghorn broilers, 9Vic; leghorns, 8c; ducks. 8® 9c; geese? 8c; turkeys, 80 9c; roosters, 6@7c. Cheese — Twins, 11%@12c, longhorns, 12%®12%c. Potatoes. —Shipments, 886 arrivals. 142; on track, 328; subtly heavy; demand in trading slow; market weak. Wisconsin Round Whites. $1.40@ 1.50; Minnesota Round Whites $1.35® 1.40; Idaho Russets. sl.Bo® 1.90.

Other Livestock

BY UNITED PRESS

CHICAGO, Sept. 22.—Hogs—Receipts, 60,000, including 35,000 government pigs; directs, 8,000; holdovers, 2,000; below 230 lbs, steady to 5c higher; others weak to 10c lower; 180-230 lbs., [email protected]; top, $5.45; 240-350 lbs.. [email protected]; light lights, bulk packing sows, $3.50tg3.90: light lights, 140-160 lbs., good and choice. $4.85 5.40; light weight 160-200 lbs., good and choice, $5.10%5.45; medium weights, 200250 lbs., good and choice. ss*7 5.45; heivy weights, 250-350 lbs., good and choice, $4.35 @5.15; packing sows, 275-550 lbs., medium and choice, $3.25@4; slaughter pigs, 100130 lbs., good and choice, [email protected]. Cattle—Receipts, 2,000; calves, 1,000; general market less active; no choice steers here; inbetween -weak, instances 10® 15c lower; demand good for light heifers and mixed yearlings; cows steady; bulls weak to 10c lower; vealers weak; best medium weight steers, $6.50 largely [email protected]; slaughter cattle and vealers, steers, 5.50900 Tbs., good and choice, [email protected]; 9001,100 lbs, good and choice, [email protected]; 1,100-1,300 lbs, good and choice, $5.75@7; 1.300-1.500 lbs., good and choice, ss.7s<<(iJ: 550-1,300 lbs., common and medium, s3.do @5.75; heifers, 550-750 lbs., good and choice. [email protected]; common and medium, [email protected]: cows, good, [email protected]; common and medium, [email protected]; low cutters and cutters, $1.50® 2.40; bulls, yearlings excluded. good beef, $3.25@4. cutters, common and medium, [email protected]; vealers, good and choice, $5.75ft 7.50; medium, ss@ 5.77; cull and common, s4®s; Stockers and feeders, steers. 550-1,050 lbs., good and choice, [email protected]; common and medium, [email protected]. Sheep—Receipts, 12,000; lambs opening slow'; early indications steady to 25c lower: few choice native lambs to traders, $7.50; mostly bidding $7.25 dow>n; sheep steady; slaughter £heep and lambs, lambs 90 lbs. down, good and choice, [email protected]; common and medium, s4®7; ewes, 90-150 lbs,, good and choice, $1.50@ 2.85: all weights, common and medium. 75c@S2; feeding lambs, 50-75 lbs., good and choice, [email protected]. EAST BUFFALO, Sept. 22.—Hogs—On sale, 10,600, including 9,500 on government order; market active. 20@25c over Thursday’s average; desirable 230-240 lbs., $6; higher, October, 1931, bulk, 150-220 lbs., $5.90; 110-150 lbs., quoted at $4.75® 5.75. Cattle—Receipts, 300; plainer grassers predominating; market slow and about steady; few medium fleshed steers, $4.60; bulk steers and heifers eligible [email protected]; cows unchanged; cutter grades, $1.65® 2.50. Calves—Receipts, 350; vealers steady, $8.50 dow'n. Sheep—Receipts, 700; lambs slow', mostly steady; good to choice ewes and wethers, $7.60; some held higher; mixed offerings, [email protected]; medium kinds and fat bucks, [email protected]: throwouts, [email protected].. PITTSBURGH, Sept. 22—Hogs Receipts, 4,000, including 2.500 government pigs; active; 160-220 lbs., steady at $5.90@1 5.95; heavier weights higher; 220-260 lbs., [email protected]; 260-300 lbs.. $55.75 300 lbs. up. $4.50(5 5; 125-145 lbs., [email protected]; 100120 lb. pigs, $4®4.25; packing sows, $3.50@4. Cattle—Receipts, 15; steady with Monday; bulk good steers quotable up to $5 25; good cows. $2.50@3; bulls, $3.60 down; calves, receipts. 100; steady; vealers, $8; medium calves, s6@7: cull and common, $3 @5. Sheep—Receipts, 1,000; steady to strong; good and choice lambs, [email protected]; bucks around $6.50; also lightweight; cull and common, slow at s3@4; other classes slow' and steady. CLEVELAND. Sept. 22.—Cattle—Receipts, 150; market, slow and dull; unchanged for the week; choice 750-1,100 lb. steers, $5.60@7; good 550-900 lb. steers, $5.50ft*6.25; common to good 6001,000 lb. heifers, [email protected]; good cows all weights, [email protected]; calves, receipts, 300; market, fairly active on good quality vealers; market for week, steady on good calves and 50c lower on medium and common calves; choice to prime, sß®9; choice to good. S7@B; common, S4@6. Sheep—Receipts, 1,000; market, steady all w’eek; choice wethers, [email protected]; medium to good, $1.50© 2; choice spring lambs, [email protected]; common and cull, s3fts. Hogs— Receipts, 9,000; receipts include 8,000 pigs: hogs are 15@25c higher to peak levels for year; bulk of hogs, $5 65(5 5.75: quoted at $5.75 top; heavies. $5.25; choice butchers, $5.25®5.75; light butchers and choice yorkers, $5.65®5.75: stags, $2; roughs. $3tft3.25; pigs. [email protected]. ■* By Times Special LOUISVILLE. Sepf'. 22.—Cattle—Receipts, 150; slow and around steady; market on all classes; most common and medium grass teer and heifer, quotable, $3.50® 4.25; few common, $3. well finished ted offerings eligible to $5.50 or better; oulk beei cows, [email protected]; low cutters and cutters, $1.25®2; sausage bulls mostly $2.75 down; bulk corrfinon to medium Stockers and feeders. [email protected]: calves, receipts. 275; mostly 50c higher: bulk better grades. $5.50®6; medium, and lower grades. $4 50 down. Hogs—Receipts, 1,800, including around 1,000 pigs on government order; nog market established early on steady basis, but later trade 10c higher; 180-235 lbs.. $5.45; 240-275 lbs., $5: 280 lbs. up, $4.75; 140-175 lbs.. $4.65; 135 lbs. down, $2.95; sows. $3.60; stags. $2.55. Sheep—Receipts. 300: steady; bulk medium to good lambs. $6®6.50: choice eligible to $7; most b’icks, $5®5.50; throwouts, $3.50@4: fat ewes. sl®2; most better stock ewes. s6®7 a head; choice young ewes, eligible to $7.50. Receipts Thursday— Cattle. 227; calves. 164; hogs. 1.228, and sheep, 466. Shipments Thursday—Cattle, 62: calves. 87; hogs. 134. and sheen, 366. Hog receipts Thursday included 682 pigs ana sows on government order. NEW YORK RAW SUGAR FUTURES —Sept. 21— High. Low Close. January 1.61 158 158 March - 1 65 1.64 1.64 Mav 1.72 1.68 1 68 Julv 1.75 1.74 1.75 September ... 1.56 December 1.60 1.56 1.58 CHICAGO’S SYMPHONY SEASON OPENS OCT. 5 * Change in Opening Date for Orchestra Announced. By United Press CHICAGO. Sept. 22.—The Chicago symphony orchestra plans to begin its season Oct. 5, a week earlier than usual, this year. Change in the opening date was made, trustees said, because of A Century of Progress. This is the forty-third opening of the symphony season here, the twenty-ninth under the Baton of Frederick Stock. The trustees declare that there is to be no curtaiipient in the number of quality of soloists; no shortening of the number of concerts, and that concerts will, as usual, be presented on twenty-eight Thursday evenings, twenty-eight Friday afternoons and twelve Tuesday afternoons, A ,~ * \

SWINE VALUES FULLY STEADY AT CJTYYARUS Strong Undertone Features Trade in Hogs: Cattle Unchanged. a Hog prices were fully steady with Thursdays range at the city yards this morning. The undertone was strong. The bulk, 160 to 275 pounds, sold for $5.40 to $5.45, several at $5.50; 275 to 350 pounds, $5.15 to $5.35; 130 to 160 pounds, $4.50 to $5; 100 to 130 pounds, $3.75 to $4.25. Receipts were estimated at 14,000, including 6,000 pigs. Holdovers were 394. Slaughter class cattle were steady, two loads of weighty steers selling at $6.25. Others were mostiy odds and ends selling from $3.50 to $6. Choice heavy heifers brought above $6, the bulk to sell from $5 down. Cows brought $2.50. to $3.50. Receipts were 500. Vealers were steady at $7.50 down. Calf receipts numbered 500. Lambs were week to mostly 25 cents lower in the sheep market. Good ewes and wethers sold for $7 to $7.25. Bucks made the market from $6.25 down. Common throwouts were to be had down to $3.50 and less. Receipts were 2,500. Stronger tone continued to develop in hog trading at Chicago, with few bids slightly higher than Thursday’s average on weights from 180 to 230 pounds, at $5.40 to $5.45. Early top was $5.45. Receipts were estimated at 60,000, including 35,000 pigs. Holdovers were 2.000, and directs 8,000. Cattle receipts numbered 2,000; calves, 1,000; market unchanged. Sheep receipts 12,000; market steady. HOGS Sept. Bulk. Top. Receipts. 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 20. 5.25® 5.30 5.35 12.000 21. 5.40® 5.45 5.50 10,000 22. 5.40® 5 45 5.50 14.000 Market, steady. —Light Lights—-(l4o-160) Good and choice....s 4.75@ 5.00 —Light Weights—-(l6o-180) Good and choice... 5.40 (180-200) Good and choice... 5.40 —Medium Weights—-(2oo-220) Good and choice... 5.45® 5.50 (220-250) Good and choice... 5.45® 5.50 —Heavy Weights— , (250-290) Good and choice... 5.35® 5.45 (290-350) Good and choice... 5.15® 5.35 —Packing Sows—(3so down) Good 4.10® 4.50 (350 up) Good 3.90® 4.75 (All weights) medium 3.50® 4.10 —Slaughter Pigs—-(loo-130) Good and choice... 3.75® 4.25 CATTLE Receipts. 500; market, steady. (1,050-1,100) 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 Common and medium 4.00® 5.25 —Heiiers—-(sso-750) Good and choice 5.25® 6.25 Common and medium 3.00® 6.25 (750-9001 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 excluded i Good (beef) 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts, 500; market, steady. Good and choice $ 7.00® 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 (800-1,500.1 Good and choice 4.25® 5.50 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 2,500; market, lower. —Lambs—(9o lbs. down) Good & choice.s7.oo® 7.25 (90 lbs down) Com. & med.. 3.50@ 7.00 —Ewes— Good and choice 1.75® 2.75 Common and medium . I.oo® 1.75 Other Livestock BY UNITED PRESS EAST ST. LOUIS, Sept. 22.—Hogs—Receipts, 23,000, including 100 through. 50 direct, and 15,000 for government purchase. Market slow, 10@15c lower; few light lights weak to 10 lower; top, $5.40; bulk. 170-230 lbs., $5.25® 5.35; weightier kinds not established; 150-160 lbs., ss@ 5.25; 130-140 lbs.. $4.60® 4.85; sows, $3.35 ®3.75. Cattle—Receipts, 1.200; calves. 800; market generally steady in cleanup trade with hardly enough steers to make a market. A few steers at $4.50® 5.90; mixed yearlings and heifers, $4.50® 6; cows, $2.3503; low cutters, $1.25® 1.75; top sausage bulls, $3; good and choice vealers, $6.75; slaughter steers. 550-1,100 lbs., good and choice, $5.5006.75; common and medium, $305.50; 1.100-1,500 lbs., choice, s6® 6.75; good, $5.2506.25; medium, [email protected]. Sheep—Receipts, 1.500; market not vet established; asking steady; bidding 25c lower; mostly bidding $7 down for desirable lambs; indications steady on throwouts and sheep; lambs. 90 lbs. down, good and choice, [email protected]; common and medium, $3.5006.50: yearling wethers, 90110 lbs., good and choice, $405; ewes, 90150 lbs., good and choice. $1.50©2.75; all weights common and medium. sl®2. FT WAYNE, Sept. 22.—Hogs—10c up: 200-225 lbs., $5.50: 225-250 lbs., $5.35; 250275 lbs., $5.25; 275-300 lbs.. $5.10; 300-350 lbs., $4.85; 160-200 lbs., $5.40: 150-160 lbs. $5; 140-150 lbs., $4.75: 130-140 lbs., $4.50; 100-130 lbs., $4: roughs. $3.75: stags, $2.50. Calves, $7.50; lambs. $7. LAFAYETTE. Sept. 22.—Hogs—Market, steady; 200-250 lbs.. $5.30®5.35; 250-300 lbs., $5.20© 5.25; 300-325 lbs., $5; 150-200 lbs., $4.90® 5.25; 130-150 lbs.. $4 30® 4.60; 100-130 lbs., $3.50®,4; roughs. $4 down. Top calves, $6.50. Top lambs, $6.

WE OFFER Richard Lleber Brewing Cos. Stock Prices at Market Raymond D. Jackson & Cos. Investment Securities Fletcher Trust Building Tel. Lincoln 3050 Indianapolis

BE SAFE Insure Four Car Tadar —Full Protection CjiysiSistate Automobile insurance Ass’n. LI. 8571. 7th Floor, Occidental Bldg.

BURGLARY INSURANCE ROY E. M’COY With Travelers Insurance Cos. RI. 3334

rf/V/ COLLATERAL' / VU LOANS * v/ No Co-Makers Repaid Over a Whole Fear The Indianapolis Morris Plan Cos. S. E. Corner Delaware and Ohio 6ts. RI. 1536.

BUY YOUR FROM 30TH & CENTRAL SALES TA. 5550

Chicago Stocks Bv Abbott. Hoppin A Cos.

(Total Sales 71.000 Shares) —Sent. 21— High. Low. Close. Adams Mfg JO All-American Mohawk.. .... 12% Asbestos Mfg 4% 4 4‘s Assoc Telephone Util ... % Bastian-Blessing 7 6% Bendix Aviation 17 1 * 15% }s% Berghoff Brew Cos 12% 12 3 s 1?% Borg-Warner 17 1 a 15% }J% E. L. Bruce Cos 15% Butler Bros 4*4 4 4 Cent 111 Pub Serv ;fd 19% Cent Pub Serv ‘'Dei , * Cent & So West 1% 1% 1% Chi & North Western.. 10 8 8 Chicago Corp Com 3%33 3 Chicago Corp Pfd 26 25 3 4 20% Chicago Flexible Shaft .10 9 9 Chicago Yellow Cab.... 12 11% 12 Cities Service 2% 2% 2 a Commonwealth Edison.. 46% 43 43 Construct Materials ?% Cord Corp 11% 9% 9% Crane Cos 7% 7 7 Crane Cos pfd 38% 38 38 Curtis Lighting ’ Curtis Mfg Cos 5 Electric Household 11% 10 10 Fitzsimmons & Connell .. ... 10, General House Util .... 19 17% J'% General Parts 12, Great Lakes Aircraft... . Great Lakes Dredge ... 10% 18 18 Grigsbv-Grunow 2% 2'/a ; a Hall Printing Hormel <St Cos fV 34 Houdaile-Hershev A... .. ... 10 Houdaille-Hershey 8... 3% 3% 3 * Ind Pneu Tool ••• JI Jefferson Elec • • ••• if Kalamazoo Stove 24 -1 •21 Katz Drug 21 20% 20% Kingsbury Brew Cos ..... 10 9 9 Libbv-McNeil 4% 4 4 Lincoln Printing J, 3 Loudon Packing •• ij,a Lvnch Corn 40 34% 34 j8 Marshall Ffield 17 15/ 2 15 s McGraw Electric * * McQuay-Norris ... • • ••• 2 Mickerberry’s Food Prod .. ... 3 . 2 Middle West Utilities.. % *4 % Muskegon Motor Spec A 8 %

Cop Copped

And Patrolman Smith Is ‘Jugged’ as Suspect.

IT takes a cop to catch a cop.”With that laconic remark, patrolman Harry Smith “surrendered” at police headquarters Thursday as the police “dragnet” closed in upon him. Brother officers apologized to Smith for thinking him a holdup suspect and explained that an excited citizen had turned in the license number of his car, which was parked in front of a store where Smith, off duty and in civilian clothes, was showing anew revolver to a friend.

Smith’s license plates were issued in Danville, so brother officers had no way of knowing they were the property of a policeman.

In the Cotton Markets

—Sept. 21— CHICAGO High. Low. Close. January 10.20 9.76 9.76 March 10.42 9.96 9.96 Mav .' 10.57 10.15 10.15 October 9.89 9.44 9.44 December 10.14 9.67 9.69 NEW YORK January 10.18 9.72 9.75 March 10.35 9.93 9.94 Mav 10.54 10.10 10.19 July 10.72 10.27 10.27 October 9.86 9.43 9.46 December 10.09 9.65 9.68 NEW ORLEANS January 10.10 9.70 9.72 March 10.31 9.84 9.89 Mav 10.49 10.01 10.06 July 10.58 10.27 10.27 October 9.77 9.36 9.36 December 10.05 9.58 9.65 Plumbing Permits Roland Cotton. 2234 East New York, eight fixtures. D. F. aGtewood. 1314-16 East Raymond, two fixtures. M. A. Armistead. 3617 East Sixteenth, five'fixtures. „ . .. Louise G. Heckelsberg. 6140 East Ninth, nine fixtures. J. W. Harrell. 3340 North Meridian, three fiX Chas S 'McNabb-Matthew. 5646 East Washington. three fixtures. McNabb-Matthew. 3455 North Illinois, five fixtures. Strong Bros.. 1121 North Gale, four fixtures. Bland-Forederer. 2024 Columbia, two fixtures. _ Geo. Rottman. 351 South Rural, four fixtures.

Active Trading in U. S. Government Securities Municipal Bonds Land Bank Bonds Gravel Road Bonds General Market Securities • v Direct Private Wire to Principal Markets • Investment ■ I j L J Securities 'WP Pf ass 8 Hughel INCORPORATED Chicago INDIANAPOLIS Ft. Wayne Illinois Bldg. / Lincoln 2565

We execute orders in Allied Brewing & Distilling Go. (of Brooklyn and New York) Common Stock Listed on Chicago Curb Exchange Price at Market I. G. KAHN & COMPANY Incorporated Investment Counselors Stocks Bonds Investment Trusts Suite 445. Illinois Bldg. Lincoln 6787—Indianapolis

Orders executed At the Market Allied Brewing and Distilling Cos., Iric. Wm. E. Shumaker & Company, Inc.

Robt. E. Throckmorton 911 Chamber of Commerce Bldg Fire Insurance RI. 3334

National Leather 1% National Repub Inv v 4 National-Standard 22 National Union Radio Noblltt-Sparks Indu Inc .. 24% North American Car 5 No Amer Light & Pwr . .. ... 3 Northwest Engineering. . .. ... 411 Penn Gas & Elec 7 Perfect Circle 24 Pines Winterfront 2% Prima C'o 23 18 18 Public Service 21 % 21% 21% Public Service N P 22 21 21% Public Service 6% pfd 58 57 57 Public Service 7% pfd 57 Quaker Oats . .135 i3O 130 Quaker Oats, pfd 116% 116 1 * 116% Rath Packing .. 21 % Raytheon VTC 2% 2 2 Reliance Mfg Cos jn Ryerson & Son i3% i3% 13% Sangamo Elect com . 6% 6% 6% Sears Roebuck 12% 4040 Sigr.ode Steel Strap pfd 8% Standard Dredg Cos pfd 2% Sutherland Paper C 0... 8% Swift iCo 17% 'i7% 17% Swift International 26% 26% 26% Tele Bond & Sh pf 7 Thompson JR 9 8% 8% Utah Radio 2 1% 1% Utility & Ind pfd . 4 Viking Pump pfd 22 Vortex Cup Cos 8 6% 6% Walgreen Cos com. ... 17% 16% 16% Ward Montgomery A 65 Wisconsin Bankshares 4% Zenith Radio 2% 2 2%

Indianapolis Cash Grain

—Sept. 21— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41% New York rate, were: Wheat—Weak: No. 1 red. 79%®80%c: No. 2 red. 78%@79%c; No. 2 hard. 78%© 79%c. Corn—Weak: No. 2 white. 42®43c: No. 3 white. 41042 c; No. 2 yellow, 39© 40c; No. 3 yellow, 38039 c. No. 2 mixed. 38® 39c: No. 3 mixed 37038 c Oats—Weak: No. 2 white, 30%®31%c; No. 3 white. 29%©30%c. Hay—Steady: (f. o. b. country points taking 23%c or less rates to Cincinnati or Louisville) No. 1 timothy. s6© 6.50; No. 2 timothy, $5.50® 6. —lnspections Wheat—No. 1 red. 3 cars; No. 2 red. 2 cars: No. 1 hard. 1 car; No. 1 mixed. 2 cars. Total. 8 cars. Corn—No. 2 white, 7 cars; No. 3 white. 3 cars; No. 6 white. 1 car; No. 2 yellow, 15 cars; No. 3 yellow. 17 cars; No. 4 yellow. 4 cars. Total. 47 cars. Oats—No. 2 white. 6 cars; No. 3 white. 3 cars; No. 4 white. 1 car; sample white. 1 car. Total, 11 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 76 cents for No. 2 sort red wheat. Other grades on their merits. CHICAGO CASH GRAIN By Lnited Press CHICAGO. Sept. 21.—Cash grain close: Wheat—Noo. 1 hard. 91%c; No. 2 hard. 90 *4@9l%c; No. 5 hard, smutty. 85%c. Corn—No. 2, mixed. 48%c: No. 4 mixed, 46%c; No. 1 yellow. 49'ic: No. 2 yellow. 48 %® 49)40: No. 3 yellow. 47%®48c; No. 4 yellow. 46% 47c: No. 5 yellow. 45%( 46%c; No 6 yellow. 44®44%c: No. 2 whites 49%®49%c; No. 3 white. 48‘ic; No. 5 white. 46c; sample grade. 34© 39c. Oats—No. 2 white. 37®37%c: No. 3 white. 35© 37c. Rye—No sales. Timothy—ss.2s® 5.50. Bariev—4s® 83c. Cloverseed—sß# 10. Cash provisions—Lard. $5.87: loose. $5.10; leaf. $5; D. S. Bellies. $6. TOLEDO CASH GRAIN By United Press TOLEDO. Sept. 21.—Cash grain close: Grain in elevators, transit billing; Wheat —No. red. 880 89c; No. 1 red, l%c premium. Corn—No. 2 yellow. 50%®51%c. Dats—No. 2 white. 38%®39%c. Rye—No. 2. 74®75c. Tradk prices. 28 %c rate: Wheat—No. 1 red. 84®84%c: No. 2 red, 83®84c. Corn—No. 2 yellow. 46%®47%c: No. 3 yellow. 45%@46%c. Oats—No. 2 white. 35%@37c: No. 3 white. 34®36c. Toledo seed close. Clover—Cash. $6 35; October. $1.45; December. $6.60. Toledo produce close: Butter—Fancy creamery. 27c. Eggs—Extras.’ 21@21%c. Hay—Timothy, per cwt.. 70c. ST. LOUIS CASH GRAIN By United Press ST. LOUIS. Sept. 21.—Cash grain: Wheat—ln fair demand. 2®2%c lower; No. 2 red. 91%c; No. 3 red, 91c; No. 3 red garlicky. 87c: No. 1 hard, 91%c; No. 2 mixed, 88%©89c. Corn —In good demand, lc lower; No. 1 mixed. 48%c; No 2 yellow, 49c; No. 3 yellow, 48%c; No. 4 yellow, 47%c; No 6 yellow, 46c; sample yellow, 44%c: No. 2 white, 51®51%c. Oats—ln fair demand, %® 3 .ic lower; No. 2 white, 37%c; No. 1 mixed, 37%c: No. 2 mixed, 36%c; No. 4 cereal white. 31%c. NEW YORK COFFEE FUTURES —Sept. 21— SANTOS High. Low. Close. January ... ... 8.64 March 8.78 8.73 8.73 Mav 8.88 8.82 8.82 Julv 8.89 September 8 55 8 48 8.49 December 8.67 8.61 8.63 RIO January .. 6.22 I March 6.32 6.30 6.31 I Mav . 6.40 6.37 6.40 July 6.40 September ... 5.97

* Buy Building and Loan Stock Newton and Sell 415 Lemcke Bldg. Todd

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 r k

INCORPORATED INVESTORS [an investment in common stocks J Orders Executed at the Market A prospectus meeting requirements of Federal Securities Act of 1933, is available at our office. Indianapolis Bond and Share Corporation Telephone Riley 4551

'ROUND the WORLD At the Lowest Fares in History Sailings Every Week From New York and Pacific Coast J ■(f Never before has there been offered a travel bargain In round-tbe-world cruising luxury. Never before has so much been offered at so low a price, in fact, vou'll find Just staying at home would probably cost you more. This is your opportunity to make your dream of a world cruise come true —26.0(V> thrilling miles—2l pogts in 14 countries, 80 cities if you wish —and first class all the way. OPTIONAL SIDE TRIPS For Detail. Communicate With RICHARD A. KURTZ. MANAGER TRAVEL BUREAU SThe Leading Travel Bureau in Indianapolis UNION TRUSTS 12t> E. Market St. RI ley 5341 A -v

PAGE 17

WHEAT PRICES MOVE OFF ON LIGHTKMANU Lower Levels Forecast for Major Grain by Few Operators. BY HARMAN \V. NICHOLS United Press Staff Correspondent CHICAGO, Sept. 22.—Trade conditions of supply and demand were being relied upon today on the Chicago Board of Trade instead of theories of inflation. At the opening wheat was unchanged to % to 1% cents up. Corn was up % cent and oats was up % to % cent. Rye was unchanged and barley rose 1% cent. The depression in prices brought a spurt of buying at the start. All grains opened today amidst a confusion of sentiment and no one had any ideas or would vouch any definite predictions as to the future trend, though some operators were of the opinion that wheat probably would go lower. Those who had bought wheat when the talk of inflation was first started let go their reins Thursday. Others stood ready to liquidate. One of the most discouraging features of Thursday's dip to the pegged minimum was the fact that cash wheat dived down alongside. Corn followed wheat, confidence in this grain being undermined by the action of wheat. Oats, too, yielded to the pressure from the other grains and took one of its biggest one-day slumps in recent weeks. Some expressed a belief that this grain probably would be the first to recover. Chicago Primary Receipts —Sept. 21Bushels. Last Today Week. Wheat 784,000 1,005,000 Corn 901,000 664.000 Oats 373,000 306,000 Chicago Futures Range —Sept. 22WHEAT— Prev. High Low 10 30 close. December 91% .87% 89% 90% Mav 95% .91% ,93% .95 CORN— December 51% 48 50% .50% May 58% .54% 56% .57 OATS— December 39% .37% .39 .38% Mav 43% 41% .42% .42% December 71 .67% 69% .70% Mav 77% 73% .75% .76% B December .... 56 3 $ .55 -s?!^ Mav 61 3 4 60 61 3 4 .61 Mi

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. C'oke (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, $3.75. West Virginia—Lump, $5.50; egg. $5.25. Kentucky—Egg. $5.25.

I BUY—I SELL Building and Loan Company Stocks A. J. Wickmann & Cos. Incorporated 712 Circle Tower