Indianapolis Times, Volume 45, Number 118, Indianapolis, Marion County, 26 September 1933 — Page 16
PAGE 16
Government Plans for Helping Business and Increasing Commodity Prices Are Taking Form. By RALPH HENDERSIIOT Timn Special Financial Writer
Government plans for increasing business and improving commodity prices are said to be rapidly taking form, and will reach the ears of the public shortly. Reports of all sorts are heard on every side, some of them reputed to have originated in official quarters. Most of them appear to be designed to obviate the necessity of outright inflation. One report has it that the government will place a pnce of S4O an ounce for newly mined gold. This is above the world price, and the assumption is that arrangements will be made to buy it here, which would keep the yellow metal in this country’. Heretofore this gold has
been moving to Europe Another report has it that the government may agree to loan money to cotton growers up to 10 cents a pound. In effect, such a move would peg the price at not less than 10 cents, as against an open market price of slightly less than that figure. a a a Railroads to Get Help The railroads are to get help, it is said, and employment is to be stepped up through a scheme by which the government will buy equipment and, in turn, lease it to the transportation companies. This would help so far as the use of freight cars is concerned. assuming the roads could use the equipment profitably, but individual requirements in the way of locomotives are so varied that little help may be expected in that direction. Buy speeding up public works operations it is hoped to put a great many people back to work. Many of the basic industries also would be helped. Various
r- - * 0- *
Ralph Hendershot
plans for getting credit to business people have been formulated, and some of these probably will be pushed as rapidly as possible. President Roosevelt has expressed himself on unemployment and commodity prices and it is fair to assume that he is determined to carry out his plans. ana a a a Steel Prices Raised An advance in the price of the heavier steel products was announced recently. In view of the existence of the code they are likely to be ladhered to by all of the corporations. They were made necessary by the Jadvance in labor costs, which, it is estimated, arapunt to about SIOO,1000,000. I In a sense it is a good thing that the steel industry has the code. Otherwise it is doubtful that it could get away with an increase in*prices. In recent years prices in the industry have not meant a great deal, many corporations cutting whenever necesary to secure business. But there may be sales resistance to the increase on the part of the general public. If the government forces through its public works program in a big way, though, the steel companies probably need not worry too much about sales resistance.
New York Stocks
—Sept 26 Oils— Prev. > High. Low. 10 30. close, i Amerada 43 ‘a Atl Rig 27*. I Barnsaall ... 9‘s 9*. . Consol Oil 13*4 1354 13*2 13 1 Cont of Del 16 3 4 174s ! Houston mew) 5*4 I Houston toldi 294. Indian Rig ....... ... ... 3 Mid Cont Pet 12'2 Ohio Oil 15H 15H 15H 15 * Pet Corp 12J* Phillips Pet 16 16*.. Pure Oil ... ... 15*. 15*4 15*4 13V< Royal Dutch 34 ;, b Sbu OH Snell Union 8H B*4 8* 8.4 1 Simms Pet 10V ... | Skeiiey Oil .. * 60c Vac 12S 12*2 SO of Cal 42\ 42U ; S O of Kan 4 ... 34 SOof N J 41 4074 41 41*4 Tidewater Assn . 10*2 10 3 10*4 10's Un Oil of Cal .. . ... 21 20 J 4 Am Roll Mills.. 19 19*4 19*2 I?>4 Beth Steel . . 34*4 US 34V 34 4 Byers AM 27J 3 Col Puel & Iron 3 ,* Ludium Steel **** McKeesport Tin .. 83 2 Natl Steel 43 ... Rep Iron A Steel .. ... 15** 15 U S Smelt 94*2 93‘2 94*2 92•.2 ; Vanadium 23 23 j Midland H ■ 1 U S Pipe A Pdv 15*4 15> U S Steel 49 3 . 48*4 49 3 48 J s U S Steel pfd. .. 82 Youngstn SAT.. ... ••• 22 Atchison 59*4 59 Atl Cst Line -aa can Pac *i,® IJ,® Ch A Ohio 42 ® 42 * Chi & Ot w jU* C M A St .5 * CMA St p Pfd 10*4 10 Chi N W 10 2 * Chi R Isl fi X 3 Dela A Hud... . ... “ 4 Ort Northern -1 * *‘ 7 111 Central 32 3 S- : ® M K A 7.® Mo Pac J,® N Y Cent 40 ® ?X 3 4 N Y Chi A- St ii,® NYCASt LDf a:,, XX ,* N Y New Haven zi ® ,?$ 3 4 N Y Ont A Wes 152 4 Nor Pac X? 7 Penn R R ,■ 7 -22,, 2i,® X* 4 ISS R a R 11l 21l 26-4 Umon ß pac Df .li4>2 its il 4 | 2 US*. w a Ma S nland.'.l ••• 10 ‘ 2 Motors — . 9 iChrvsler ........ .a. 30 * b Oen Motors 30 * 3!® Graham Mot. .X,® Hupp 3 Ji B Mack Truck XL® Nash ; 4 2 Packard 4 31/ = 2 Studebaker ! ’ 2 Yellow Truck 3 Motor Access— ... .. 3 Bendix 15®- 15*2 15*2 la 3 * Bohn Alum Borg Warner 13 ® Jg 8 Briggs is 4 i. Budd Wheel 4 " Eaton Mfg 3 „,.- 18 i 2 Elec Auto Lite 18 * Houd x 3 ‘ Mullins Mfg X,® Murray Body gs® Stew Warner -a 27 3 ! Timken 28 4 Minint— 95 y. Am Smelt 42 3 J Jg.* 2 Anaconda 1 gi. Cerro De Pasco 33 2 ft, 2 Oranbv ' 12*2 Gt Nor Ore * • * * Homestake Min . ••• 335 340 t l ß°t*N'okef d 20 19 1 . 19"* 20 Tnt NKsvri - • 913. 22 1 r 22^ Kennecott Cop 2*' 21 4 Noranda Cop ft. 2 ft. 2 Phelps Dodge 10 * 14 ToW-ccos — 49 li Am Snuff 17 Am Sum 11 g 4 Am Tobacco A ; - g8 8 7*4 Am Tob B 3 q3 4 8 q 3 Oen Cigar ■■ ■“i., 4 071. Ligg A Myers B 9< 3 4 9. 4 9. * 9^4 Lorrlllard - ■■■, {z r 2 gi, 4 Reynolds Tob B 50®. 50*2 50 - SO 2 Equipments — . Allis Chalmers i., 4 Am Car A 39 * Am Mach A Fdy • i? 2 Am Steel Fdy fi. fiji Bald Loco \l? t 2 Burroughs ig 8 -n Cater Tract jV Colgat Palm Peet .. .• • ••• ig Congoleum . .. •• • • -:' K j 6 Foster Wheeler 15 1 43 s 1 4 4 Gen Am Tank C 31S 31*2 31*2 32 Gen Elec 04 ® Gen R R SIB ..... ••• ••• S3*. Ingsol Rand ' Int Bus Mach ,• .* Int Harvester 38 * 7X, 8 Kelwinator *;, 4 Natl Cash Reg 1,4 Proc A Gamble *i Pullman Inc 48 2 4 * Simmons Bed *r Und Elliot SiWest Air B •• -ii lij 2 Westingh Elec.. 38 3.S .8 3, 2 Worthing n Pmp * 4 Utilities — ... lft Am A For Pwr ... ... 10*4 10 t Am Power AL. B‘a 8® 8 2 A T A T 125*- 125*t 125 - 125*4 Am Wat Wks ... 21*4 21*. 21*. 21*2 Col Gas A Elec. .. ... 1* 15 Com A Sou 2*k 2S 2 1 2S Consol Gas 42 42 Elec Pw r A Lit 6 * 6 3 E P A L pfd Int T A T 14 13 3 4 14 13® LOU G A.E A IJ, Nat Pwr * Ltt.. 11*4 11** H*4 11*2 Korth Amer 18*2 18®. Pac O A E 21*4 Pub Berv N J.. .. ... 35*4 35*2 So Cal Edison 18 18 lid Gas 11 H Std Gas pfd # ... 11*3 Untied Corp 6® Un Gas Imp 16®. 16®. Ct Pwr A Lit A 3 T 3®. 3 T i 3 T Western Union. 61 59*2 61 60*2 Rubbers — Firestone 24*4 24 24*. 23 3 . Goodrich 14. 14’. Goodyear 36 35S 35 35*. U S Rubber 17*4 17*. 17®. 17*2 V S Rub pfd 30 Kei Spring 33 Amusement.— Croslev Radio 9®. M 16 Loews Inc Si 3 . 32*. Radio Cort* 7*4 7*. Bo 3 Warner Bros TN 7*2 7j 7*2 fH|! Am Sueur 63 Armour A 4 3 s 4®. Beatrice Cream 13’. Borden Prod 24 23*4 Cal Packing. 33*2 34 Guta Dry O Ala 31 31 Coca Cola 88 Mhßt Bale A 13V Km Prod ... .. 4.. 4.4 U 4
Wall Street-
(By Abbott. Hoppin <Sc Cos.)
Crm of Wheat 30'% 30% Gen Fods ... 35% 36% Gold Dust 20% G W Sugar 40% 40 Hershev 50 54)% Int Salt 24 Loose Wiles 39 Natl Biscuit 54% Natl D Prod 15% 15% S Porto Rico Sug 41 Std Brands 25% 25 United Fruit 6 60 Wriglev 52% Gimbel Bros 5 Gr Un Tea 6 % 6% Hahn Dept Sts 5% 5% Kresge S S 12% Kroger Groc 22% Macy R H 55% ... May Dept St 31 29% Mont Ward 22% 21% Penny J C 47% 47% 47% 46% Safeway St 44 Sears Roebuck 41% 41 Woolworth 39% 39% Aviation— Aviation Corp. 9% 9% Douglass Air 14% 14% Curtiss Wright 2% Curtiss Wright A 5% Nor Am Av 6% 6% United Aircraft. 32% 31% 32% 31% Chemicals— Air Reduction ..109% 109 109 110 Allied Chem 135% Am Com Alcohol 60 58 % 60 58% Col Carbon 56 55% 56 55% Com Solvents ... 36% 36% 36% 35% Du Pont 77% 76% 77% 76% Freeport Tex ... 44 43 44 43 Liquid Carb 29% Math Alkali 41% 41% 41% 40 Tex Gulf Sulph 38% 38 38 37 Union Carbide 43% U S Indus Alco. .. ... 68 66% Nat Distil 98 ”4 97% 98% 95% Drugs— Cotv Inc 4% 5 Lambert 31% Lehn & Fink 18% Zonite Pr0d..... ... 6 6 Financial— Adams Exp 8 7 /s 8% Allegheny Corn 4% 4% Chesa Corn 41 Transamerica .. .. ... ... 6% Tr Conti Corn 5% 5% Building— Am Radiator 14% 14% Gen Asphalt 18 Int Cement ... ••• 29% Johns Manville. 50% 49:6 50% 50 Libby Ow r ens Gls .. ... 29% 28% Otis Elev 15 Ulen Const 2% Miscellaneous— Am Bank Note .. ... ••• 16% Am Can 92% 91% 92% 91 Anchor Cap . ..... Brkivn Man Tr 33's 32% 33% 99 2 Conti Can 66' 8 Eastman Kodak 82 80 Owens Bottle J/ Gillette 14 J?: 4 Glidden * Gotham Silk • Indus Ravon . .. • • ‘ 9 4 Inter Rapid Tr 9% 8% 9% J}% Real Silk Hose.. 12 2 New York Curb (By Abbott. Hoppin & Cos.) —Sept. 2b Close Close. -\lum Cos of Am 68% Lcne Star Gas.. 7% 4m CPA: L B 12% Nit Prod . .. 4 % Am Sup Pwr... 3's S’atl Bellas Hess 2% Ark Ntl Pwr A 1% Niag Hud Pwr . 7% Asso Gas A . 1 Fan A Airways 5Atlas Ut Crp 12% Parker Rstprf.. 56 Can Marc . .3 Pennroad .V . 3% Cent Sts El . 1% Pioneer Gld Ml. 11% Cities Serv . 2% 5t Regis Paper. 3% -ord ... 9% Segal Lock .... % Eisler Elec .... 1 std Oil of Ind.. 31'4 El Bnd A- Sh. 17% 3td Oil of Ky.. 16 a Ford of Eng... 5% Translux ...... 2% Ford Mot Can. 12% United Founders 1% Hud Bav Min . 10 lUnited Gas 3'a Imperial Oil .. 13% Jnited \erde .. 3% Irving Airchute. 4%Jtil Pwr & Lt.. 1 4 I mtl Ptrol 18% Vr Hargraves.. 7% ; Lake Sh Mines 47% Liberty Bonds By United Press NEW YORK. Sept. 25 —Closing Liberty ° represent thirty-seconds' Liberty 3%s >32-47/ J 9 *- 42 Liberty Ist 4%s (32-4. > in? 94 Liberty 4th 4%s 133-38' JinTreasury 4%s >47-52) Treasury 4s > 44 -54> Ini lq Treasury 3%s >43-4.1 ...... Treasury 3%s 41 -43 March 494 Treasury 3%s >4O-431 June inn 18 Treasury 3%s 4 6-49 l ‘SS,. Treasury 3s (51-55 > 9 ° r 5 Treasury 3%s (41) 101.4 New York Bank Stocks (By Abbott. Hoppin & Cos.) -Sept. Bid Asfc Bankers ® 9 ‘ 4 .51 Central Hanover 124 12? Chase National 24% 2 s Chemical 34 34% National Cltv 26 4 26. Corn Exchange jo si Continental 44 44 - 2 Fmnire 4 8% 18'a fS P National .. .*. 1.260 1.280 j Guaranty 2, j> %‘“ 3 Irving 4 6S 4 % Manhattan J: Cos 25 a 2t s ! Manufacturers JJ * JJ 4 New York Trust 2 Public
Investment Trust Shares
.Bv Abbott. Hoppin & Cos.) —Sept. 25 Bid Ask. American Bank Stocks Corp .. 90 1.00 American & General Sec A 550 650 Basic Industry Shares 334 3.38 British Type Inv Tr Sh 55 .58 Collateral Trust Shares (A'.... 4. .5 5.12 Corporate Trust Shares .old'.. 220 224 Corporate Trust Shares (new.. 234 239 Cumulative Tust Shares 415 4.20 Diversified Tr Shares iA> 625 ■_. . Divers.fied Trust Shares >B>... .60 .80 Diversified Trust Shares <C> 309 3.12 Diversified Trust Shares .D).. 4.95 5.05 First Insurance Stock Corp ... 140 1.50 First Common Stock Corp 1.00 1.15 Fixed Trust Oil Shares (A>.... 8 40 Fixed Trust Oil Shares <B< 720 Investors Inc 1i.50 17.1S Low Priced Shares 615 .... Mass Inv Trust Shares 1. 8i 19.50 Nation Wide Securities 3.20 .... North American Tr Shares 153> 183 .. No Amer Trust Sh (55-56> . 239 245 Petroleum Trust Shares A>....11.00 14.00 Sleeted Amernac Shares 2 62 .... Selected Cumulative Shares. .. 675 6.81 Selected Income Shares 360 375 Std American Trust Sh (A> 295 302 Trust Shares of America 286 2.96 Trustee Stn Oil >A> 540 560 Trustee Str Oil >B> 485 5.00 V S Elec Lt & Pwr <A> 11.50 12.00 Universal Trust Shares 2.97 302 The dreaded "peach yellows,” which has destroyed more than half a million peach trees in one Michigan county, appears to have reached New Hampshire orchards.
STOCK MARKET UNEVENLY UP IN ACTIVETRADING Strength in Steel List Is Feature of Session; Oils Firm.
Average Stock Prices
Average of thirty Industrials for Monday, high 99.34. low 96.46, last 93.03. off 1.75. Average of twenty rails 44 05. 42 86. 43.51, off 108 Average of twenty utilities 26.83, 25.95 26 25, off .61. Average of fortybonds 84 55. off .14. Average of ten first rails 90 17. off 22. Average of ten second rails 70,12, up .30. Average of ten utilities 92 80. off .27. Average of twenty industrials 85 12, off 35. BY ELMER C. WALZER I'nited Press Financial Editor NEW YORK, Sept. 26.—Strength in steel shares featured an irragularly higher opening on the Stock Exchange today. Trading generally was more active. Incentive for buying steels was furnished by the Washington efforts to stimulate bidding on steel rails among the larger companies. The various units of the industry are ready to bid on 600,000 to 700.000 tons of rails at low prices to supply needed equipment for the carriers. U. S. Steel opened at 48 v 4, up%, and held there, while Bethlehem opened at 34%, off %, and then firmed up from that level. Oil shares were featured by strength in Seaboard an£ Tidewater Associated. The latter opened 5,000 shares at 10%, upU. Standard Oil of California was up 14, while Standard of New’ Jersey lost that amount. Wet stocks were better, with American Commercial Alcohol at 58%, up %; National Distillers, 97!*, up 1%; U. S. Industrial Alcohol, 68, up 1!4, and Commercial Solvents, 35%, up %. U. S. Smelting rose a point to 93% in the silver division. Rails were mixed, with Union Pacific off 3 4 at 114% and Atchison up % at 59%. Alaska Juneau rose a point to 26% in the gold mining division, where Homestake lost 5, to 335.
Bank Clearings
INDIANAPOLIS STATEMENT —Sept 26Clearings $1,490,000.00 Debits 4,562.000.00 TREASURY STATEMENT —Sept. 26Net balance for Sept. 23.51,183,557,873.57 Int Rev. Rects for day... 2.324,442.72 Cust. rects., mo. to date. 25,086,835.94
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.
In the Cotton Markets
—Sept. 25 CHICAGO. High. Low. Close. January 10.37 10.20 10.27 March 10.54 10.36 i0.44 May 10.72 10.50 1C.60 October 10.00 9.79 9.94 December 10.30 10.06 10.21 CHICAGO FRUIT MARKET ( By United Press CHICAGO, Sept. 26—Apples—Michigan wealthies bushel. [email protected]; Michigan Jonathons bushel, $1.25® 1.35. Pears— Michigan keifer. 75 / 85c. Carrots—lllinois, 2@ 3c; bushel, 50@65c. Egg Plants— Illinois. 35® 50c. Spinach—Michigan, 65@ 95c. Beans —Illinois green and wax bushel. 75c051.25. Cabbage—Wisconsin crate, sl@ $1.25. Peppers—lllinois. 35@50c bushel. Celery—Michigan. 25 0 40c. Celery—Michigan, 25@40c. Corn—lllinois. 25@35c. Tomatoes— Michigan. 25@35c. Grapes— Michigan 12-quart 21 0 22c; four-quart, 12 @l3c. Onion Market—Colifornia: Valentia bushel. [email protected]. Wisconsin Yellows bushel. 57 %@ 62 %c. Indiana: Yellows bushel. 57%0 62'ic. Illinois: Yellows bushel, 57%@62%c. Idaho: Whites bushel $1.25. NEW YORK COFFEE FUTURES —Sept. 25 SANTOS High. Low. Close. January ... 8.51 March 8.67 8 63 8.63 May 8.70 8.67 8.70 July 8.80 8.72 8.75 December 8.55 8.49 8.49 RIO January ... 6.16 March 6.25 6.22 6.22 May 6.32 6.30 6.32 July 6.36 6.35 6.35 December 6.15 6.11 6.12
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TRE INDIANAPOLIS TIMES'
INDIANA STOCKS AND BONDS
The foliownie quotations do not represent actual bids or offerings, but merely indicate the aDPioxlmate market level based on buying and selling inquiries or recent transactions. —Sept. 26 Bid. Ask. Belt Rail & Stock Yards com 28 33 Belt Rail & Stock Yards, pfd 45 50 Cent Ind Pwr pfd 7% 8 11 Citizens Gas Cos Pfd 5% 63 67 Citizens Gas com 16 19 Home T i T Ft Wayne pfd 7% 36 40 Ir.d & Mich Elec Cos pfd... 67 71 Ind Gen Service Cos pfd 6%.. 64 68 Ind Hydro Elec Cos 1% 22 26 Ir.dpls Gas Cos com 40 44 Indpls Pwr Lt pfd 6% 50 54 Indpls Pwr & Lit ofd 6%%.. , 54 58 Ir.dpls Water 579 Pfd 89 93 No Ind Pub Serv Cos pfd 6% 22 26 No Ind Pub Serv Cos pfd 5%% 21 2d No Ind Pub Ser Cos pfd 7%.... 25 29 Public Serv Cos of Ind pfd 779 21 25 South Ind Gas & El pfd 679.. 56 60 Terre Haute Elec pfd 6%... 21 25 BONDS Citizens Ga3 Cos 5s 1942 86 90 Home T & W 5%s 1955 ... 97 100 Home T & T w 6s 1943... 98 102 Indpls Gas Cos 5s 19d2 >4 >7 Indpls Rvs Inc 1967 ......... 30 33 Indpls Water Cos 5%s 1940.. 98 101 Indpls Water Cos 5s 1960... 95 99 Indpls Water Cos 5s 1970...... 94 98 Indpls Water Cos 5%s 1953.. 100 103 Indpls Water Cos 5%s 1954 . 100 103 Kokomo Wat Works 5s 1956.. .8 82 Lafayette Tel Cos 5s 1957.... 83 87 Muncie Water Works 5s 1939.. 94 98 Richmond Water Works 1907 85 89 Terre Haute Wat Wks 5s 1956 83 87 Terre Haute Wat Wk 6s 4949 -• 99 ?? Traction Terminal Cos 5s 19d7. 45 49
Foreign Exchange
tßy Abbott, Hoppin & Cos.) —Sept. 25Close. Sterling. England S 4 ™’* Franc. France Lira, Italy 9999 Belgas. Belgium 24 )! 9 Mark, Germany Guilder. Holland 6.10 Peseta, Spain 42 ° 4 Krone. Norway 2400 Krone, Denmark
Federal Farm Loan Bonds
Bv Blyth & Cos Inc. —Sept. 25 Bid. Ask. 4s Nov. 1. 1957-’37 86% 87% 4s May 1. 1598--38 86% 87% 4%s July 1, 1956-’36 87% 88% 4%s Jan. 1, 1957-37 87% 88 2 4%s May 1. 1957-’37 87% 88 2 4%S Nov. 1, 1958-’3B 87% 88% 4%s Dec. 1. 1933- 32 100% 101 4%s May 1, 1942-’32 93 94 4%s Jan. 1. 1943-'33 93 94 4%s Jan. 1, 1953-’33 90% 91% 4 1 2S July 1. 1933- 33 90% 91 2 4%s Jan. 1 1935-’35 90% 01 2 4%S July 1. 1955-’35 90% 91% 4%S Jan. 1, 1956-'36 90% 91% 4%s July 1. 1053-’33 93 94 4%S Jan. 1. 1954-’34 93 94 4%s July 1. 1934- 34 93 94 5s May 1, 1941-’3l 98% 98% 5s Nov. 1. 1941-31 98% 987 e Home Loan 4s. July 1, 1951... 83% 85
Daily Price Index
By United Press NEW YORK, Sept. 25.—Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for the United Press: (1930-1932 average, 100) Today ??? §? Saturday 49 3-23 Week ago J 9 4 Year ago ovJ.Uo 193 High (July 18) l i2's? 1933 Low (Jan. 20) .67.86 (Copyright. 1933, by Dun & Bradstreet, Inc.)
Produce Markets
Delivered in Indianapolis prices—Hens, 10c; Leghorn hens, 7c: springers. 4% lbs. and over, 11c; under 4% lbs.. 9c; Leghorn springers. 7c; cocks 5 lbs. and up. 6c; under 5 lbs., 4c; ducks 5 lbs. and over, full feathereef and fat, 6c; under 5 lbs.. 4c; geese, full feathered and fat, 4c; No. 1 strictly fresh country run eggs, 18c; strictly rots off: each full egg case must weigh 5"5 lbs. gross; a deduction of 10c a pound for each pound under 55 pounds will be made. Butter —No. 1. 25@26c; No. 2, 22® 23c. Butterfat, 18c. Quoted by the Vv'adley Company. ASSERTS U. S. WILL NOT HAVE DICTATOR Syracuse University Professor Sees Instead a Socialistic Trend. By United Press SYRACUSE, N. Y„ Sept. 26. “This country is not headed for a dictatorial system of government, nor need we fear a dictatorship under the leadership of President Roosevelt,” Dr. Herman C. Beyle of Syracuse university told the alumni of Phi Delta Theta fracternity. The President’s power has been created by public opinion, the ballot box and the press, he declared. The tendency, he said is toward Socialism. “Nutshell politics” is responsible for numerous present day difficulties, according to Beyle, who described “nutshell politics” as “sticking to one idea and believing that it will do the trick.” Remains of a glass furnace used by settlers at Jamestown, Va., have been discovered.
SWINE PRICES STEADY TO 10 CENTS LOWER Steer Trade Dull, Trend Is Mostly Down; Sheep Unchanged. Hogs were mostly 5 to 10 cents lower than Monday's average at the city yards this morning, those classes not selling off showing a steady undertone. The bulk, 160 to 250 pounds, sold for $5.15 to $5.25, some held up to $5.25. Weights of 250 to 300 pounds brought $4.90 to $5.05; 130 to 160 pounds, $4.35 to $4.85; 100 to 130 pounds, $3.60 to $4.10. Receipts were estimated at 12,000, including 6,000 pigs. Holdovers were 182. Steer trade was extremely dull, practically all bids 15 to 25 cents lower. Movement was slow with the late trend indicated as a decline. Good heifers were steady, selling for $5.50 to $6.25. A lower range was evident on cheap heifers and most cows. Receipts were 1,700. Vealers were steady at $7 down. Calf receipts were 600. In the sheep market lambs were steady. Ewes and wethers sold for $7 to $7,25, with a top of $7.50. Bucks brought from $6.25 down. Throwouts were to be had down to $3.50. Trading was dull on hogs at Chicago, with few initial bids holding around steady at Monday’s average. The bulk, 170 to 220 pounds, sold for $5.15 to $5.25. Early top held at $5.25. Receipts were estimated at 40,000. including 20,000 government pigs. Holdovers numbered 15,000 and directs 2,000. Cattle receipts were 8,000; calves, 2,000; market weak. Sheep receipts were 8,000; market unchanged.HOGS Sept. Bulk. Top. Receipts. 19. $4.70@ 5.15 $5.15 12,000 20. 5.25® 5.30 5.35 12,000 21. 5.400 5.45 5.50 10,000 22. 5.40® 5.45 5.50 14,000 23. 5.35® 5.45 5.50 9,000 25. 5.20® 5.25 5.30 12,000 26. 5.15® 5.20 5.25 12,000 Market lower. (140-160) Good and choice....s 4.60@ 4.85 —Light Weights—-(l6o-180) Good and choice.... 5.15 (180-200) Good and choice.... 5.15 —Medium Weights—-(2oo-2201 Good and choice... 5.20® 5.25 (220--250) Good and choice.... 5.15@ 5.20 —Heavy Weights—-(2so-290) Good and choice... 4 90® 5.05 (290-350) Good and choice 4.60® 4.90 —Packing Sows—(3so down) Good 3.75@ 4.00 (350-up) Good 3.60® 3.85 (All weights) medium 3.25® 3.60 —Slaughter Pigs—-(loo-130) Good and choice... 3.60@ 4.10 CATTLE Receipts, 1,100; market, steadv. (1,050-1,100) Good and choice $ 5.25@ 6.85 Common and medium 3.25® 5.25 (1,100-1,5001-Good and choice 5.25® 7.00 Common 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 2.25® 3.00 Low cutter and medium I.oo@ 2.25 —Bulls (yearlings excluded) Good (beef) 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts, 600; market, steady. Good and choice $ 6.50® 700 Medium 4.50® 6.50 Cull and common 3.00® 4.50 —Calves— (250-500) Good and choice 4.00® 5.50 Common and medium 2.00® 4.00 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.25® 5.25 Common and medium 3.00® 4.25 (800-1,500) Good and choice 4.25@ 5.25 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 1,200; market, steady. ... —Lambs—'99 Jos. down, good & choice $ 6.50® 7.50 (90 lbs. down) com and med. 3.50® 6.50 _ —Ew-es— Good and choice 1.75® 2.75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS CIEVELAND, Sept. 26.—Cattle—Receipts, 150: market at standstill and inactive; Voices on steers unchanged from Monday with choice steers bringing $6.5007: heifers, medium to good. [email protected]; good cows, $3.20@ 3.74; bulls. $2.2504.25. Calves —Receipts, 300; market, mostly 50c lower due to approach of Jewish holidavs; choice to prime, $7 0 8.50; common. s4® 6. Sheep —Receipts. 1,500: market active and steady; all sold early; choice wethers. $2.50®3.2'5; medium to good. $1.50® 2; choice spring lambs. $7®7.50; common and cull. s3® 5. Hogs—Receipts. 7,000; market active and steady with Monday's close; all sold early heavies. $5.25® 5.50: light, butchers and choice Yorkers. $5.50: choice butchers. $5.25 @5.50; roughs. $3®3.25: pigs. $3.7504.25. EAST ST. LOUIS. 111.. Sent. 26.—Hogs— Receipts. 25,000; including 16.000 government pigs: market, steadv to 5c higher; top. $5.30: bulk 170-230 lbs.. $5.15® 5.25; heavier weights not. established: 140-160 lbs., $4.75® 5.15: 110-130 lbs.. $4 0 4.50; sows, mostly [email protected]. Cattle—Receipts. 5.000; calves. 2.500: market, opened steadv on natives and western steers; mixed yearlings and heifers strong; bidding lo\Aer on cows and bulls with vealers. 25c lower: early sales natives. $5.80®6.25: western grass steers. [email protected]: mixed yearlings and heifers largely $4.50 06; top heifers. $6.25; sausage bulls, largely $2.25 @2.75: good and choice vealers. $6.25. Slaughter steers. 550-1,100 lbs., good and choice. [email protected]: common and medium. $305.50: 1.100-1,500 lbs., choice, S6O 6.75; good. $5.25(3 6.25: medium. [email protected]. Sheep —Receipts. 2.500: market, opened steadv with earlv Monday to shippers and small killers: packers talking lower; better lambs. $6.35@7: a few up to $7.25: indications steadv on throwouts and sheep: iambs. 90 lbs. down, good and choice. $6 @7.25; common and medium. $3.50® 6.25: yearling whethers. 90-110 lbs., good and choice. s4®s: ewes. 90-150 lbs., good and choice, [email protected]: all weights common and medium. sl@2. FT. WAYNE. Sept. 26.—Hogs. 5c down: 200-225 lbs.. $5.25; 160-200 lbs.. $5.15: 225275 lbs. $5: 275-300 ,lbs.. $4.85; 300-350 lbs.. $4.60: 150-160 lbs.. $4.75: 140-150 lbs.. $4.50; 130-140 lbs.. $4.25: 100-130 lbs.. $3.70: roughs. $3.50; stage, $2.25. Calves —Receipts. $7: lambs. 25c off at $6.75. PITTSBURGH. Sept. 26.—Hogs—Receipts. 3.700: including 2.500 government pigs; slow and mostly 10c lower: top and bulk. $5.65 on 165-220 lbs., butchers. 250-300 lbs.. $4.75® 5.25: 221-250 lbs,. $5.25 0 5.65: 145 lbs.. 54.75@5: 100-120 lbs., pigs. s4® 4.25: packing sows mostly $4. CattleReceipts. 40: auotablv steadv; small lot medium grass fed averaging around 950 lbs.. S4: odd head lower: asking $3.40 for individual bulls. Calves— Receipts. 100; steadv: cutter vealers. $8: mediums. s6t7. cull and common. [email protected]. Sheep—Receipts. 1.000: mostly steadv: choice sorted lambs. $7.50: medium kinds. $4®0.50: best bucks. $6.50: old wethers. $3 down; ewes. $2 50 down. _ „ „ _ EAST BUFFALO. Sept. 26.—Hogs—On sale 2.600. including 1.700 on government order: market steadv to 10c under Monday’s average; weights above 240 lbs. off most: bulk desirable. 160-240 lbs.. $5.60. to mainlv $5.65: few $5.70: mixed weights and plainer Quality, $5.25® o. 30: 300-310-lb. butchers. $5.15; 150 lbs.. $5.30: pigs downward to $4.50. Cattle—Receipts. 50: cows barely steadv; cutter grades, [email protected]. Calves —Receipts 50: vealers unchanged, mostly $8 down. Sheep—Receipts. 250: lambs weak to slightly lower: good to choice ewe and wether lambs. $7.50: medium kinds and fat bucks. $6.50; throwouts largely $5.50. , , LAFAYETTE. Sept. 26.—Hogs—Market. 5 @loc lower: 200-250 lbs.. 54.9505.05; 250270 lbs.. $4.85® 4.90: 270-290 lbs., $4.75® 4 80- 290-325 lbs . $4.6004.70: 150-200 lbs.. [email protected]: 130-150 lbs.. [email protected]; 100130 lbs.. $3.3503.85: roughs. $3.50 down. Top calves. $6. Top lambs, $6. By Times Special LOUISVILLE. Sept. 26—Cattl— Receipts. 200; run increased by liberal carry over from Monday; mostly plain quality steers in feeders flesh: market slow, but around steadv at Monday's loss: most sales, common to medium grass steers and heifers. $2.750 3.75; verv little eligible higher and feeder steers moving mostly at S2@3: bulk beef cows and bulls. $2.75 down; low cutters and cutter cows mostly *1.250 2. Calves—Receipts. 200; steady: bulk better vealers, $5 0 5.50: strictly choice handywei"hts eligible, higher medium and lower grades S4 50 down. Hogs—Receipts. 1.700: including around 900 pigs on government order- 5c lower; 180-235 lbs. $5.35; 240-275 lbs.. $4.90: 280 lbs. up. $4.65: 140-175 lbs.. $4 45 135 lbs. down. $2.85; sows, $3 50: stags. $2 45. Sheep—Receipts. 250: steadv: bulk medium to good lambs. *63 6 50; bucks mostly $505.50: throwouts. $3.50@4; fat ewes. Sl@2: bet’er grade stock ewes. *6O 7: choice eligible higher. Receipts Monday: Cattle 1 378: calves. 446: hogs. 3.063. arid sheep. 700. Shipments Monday Cattle. 296: calves. 214 hogs. 133. and sheep. 248 Hog receipts Monday included 2,117 pigs on government order. NEW YORK RAW SUGAR FUTURES —Sept. 25 High. Low. Close. January 1.57 1.55 1.56 March 1.63 1.59 1.61 Mav 1.68 1.64 1 65 July 1.73 1.70 1.71 September 1.76 1.74 1.76 December- .1.57 1.54 1.55
All. Chemical Am. Smelting Am. Can Am. Telephone Am. Tob. B Atchison Chrysler Con. Gas N. Y. DuPont Goodyear
Market Average a a a Twenty Active Issues Listed on the N. Y. Stock Exchange.
JULY AUiUiT SEPT. IO 17 24 31 T <4 11 ZS 8 H ' 2S 78 ; I MONOAVPATES ■ ! ,a : I 7g V. —:—— : ' ;;' I—*ri 1 ; 1 f —: : 1 7f o 70 1— 1 ; j ( 70 ® 9 i Itu ■ — ; i —-[ t —- 9 68 t’TtTT 1 * 1 j J 68 67 1 — j—f+i , tfjr —1—67I — 67 6 6-*- H —i — 66 65 j 1 .|L U-tt 5 3-- ■ [j--j— f|l’ ? ;l H |lf •- t;li~r Ii I—l1 —I —s* 60 —t- Yr- 4 -: 1 ! 60 i 57) j i L-H 57 s 56 ; 56 I ~av —i~r ! ; 54 S2 ; t ! 600 Itfetrtf : V *■ —i^ | soo: ff-4- yf j—j ■■ | ! i~tH ~ j|, Trlj;] — jjj § 400 nrTTinlnlltfmTltnttrhtffTrilmHlrttlmFrtiHitTHllHF— 15
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.
Births Girls Claude and Sadie Brown, 1747 South Keystone. Morris and Thelma Morgan. Methodist hospital. John and Beatrice Kerr. Methodist hospital. Bovs John and Thelma Bishop. 1428 North Dearborn. „ .. . . Harold and Cecil Hughes. Methodist hosCl ßussell and Mera Austin. Methodist hosDi William and Louise Blackwell. Methodist h< Lowe/ land Luella Barrett, Methodist hosP *Glenn and Clara Haffield. Methodist hospital. Deaths Bertha Goldstein, 49, St. Vincent's hosPit G a e'rald U A. St. Vincent's hosPit^rv? n R U o“e° nl ßechert. 57. St. Vincent’s hospital, chronic nephritis. . Henry F. Miller, 61. 1531 English, chronic myocarditis. , Ray Johnson, 33, city hospital, lobar pneumonia. ~ Eugene Bovden, 76, 2705 North Sherman drive, chronic myocarditis. Dorothy Lee Sullivan, 10 months. Riley hospital, tuberculous meningitis. James Bowman. 78, Toledo and Vermont, coronary occlusion. James M. Hauerstick, 60, 1963 North Tacoma, cerebral hemorrhage. Marjorie Pennington, 4. Riley hospital, generalized peritonitis. . . _ , Willis R. Reed. 76. 550 West Twentyfifth, anemia. _ , _ . Lizzie Watson. 53. 312 West Fortysecond. chronic myocarditis. Harry C. Martin, 79, St. Vincent s hospital, arteriosclerosis. Susie Hughes. 43. city hospital, carcinoma. .... , Paul W. Holtz, 24, Christian hospital, acute parenchymatous nephritis. Ella William's, 1 months, Riley hospital, broncho pneumonia. Ina D. Hoover. 62, city hospital, carcinoma. . .. . Matthew Coyle. 60. city hospital, coronary thrombosis. Plumbing Permits Sloan-Baker. 1263-65 South East, two fixtures. _ L. E. Isley. 918 North Pennsylvania, one fixture. _ . D H Pierce, 6154 Rosslyn, one fixture. A. J. Schmidt. 1246 South Belmont, one fixture R. M. Cotton, 40 West Thirty-eighth street, seven fixtures. Other Livestock BY UNITED PRESS CHICAGO. Sept. 26.—Hogs—Receipts. 40,000, including 20.000 government pigs; moderately active and about steady with Monday’s average; 170-220 lbs., $5.1005.25; top. $5.25; 230-300 lbs., $4.500,5.10; light lights, $5.15 down; commercial pigs. $4.75; bulk packing sows. 63.2503.75; light, 140160 lbs., good and choice, $4.75®5.20; light weight. 160-200 lbs., good and choice. $5 @5.25; medium weights. 200-250 lbs., good and choice, $4.85® 5.25; heavy weights, 250-350 lbs., good and choice, $4.10® 5; packing sows, 275-550 lbs., medium and choice, $3 0 3.90; slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle — Receipts. 8.000; calves. 2,000; strictly good choice fed steers and yearlings steady; early top on medium weight steers $6.85; heavier classes. $6.75; shippers selling at $6.25 up: light steers ana yearlings slow; good to choice light heifers and mixed yearlings under pressure; bulls steady; vealers 25 cents lower: slaughter cattle and vealers: steers 550-900 lbs., good and choice, $5.7506.75: 900-1.100 lbs., lbs., good aid choice. $5.50 0 6.85: 1.1001,300 lbs., good and choice. $5.500 7; 1.300-1.500 lbs., good and choice. $5,500 7- 550-1.300 lbs., common and medium. $3 2505.75: heifers, 550-750 lbs., good and choice. [email protected]; common and medium. *3 @4.75; common and medium. $2,250 3.60; low cutter and cutter, $1.5002.25. bulls (yearling excluded), good beef, $3,254/4; cutter common and medium. $2.2503.15; yearlings good and choice. $5.750 7: medium, $505.75; cull and common. S4"< 5; Stocker and feeder cattle: Steers, 5501,050 lbs., good and choice. $4.250 5.25; common and medium. $2.7504.50. Sheep— Receipts, 8,000; fat lambs slow; undertone weak to 25c lower; few natives -sold at $6.75®7: best held higher: little change in feeding lambs; slaughter sheep and lambs: lambs 90 lbs. down, good and choice $6.5007.10: common and medium. 5406.75; ewes, 90-150 lbs., good and choice. Si.so® 2.85; all weights, common and medium. 75c @s2; feeding lambs. 50-75 lbs., good and choice. $6 0 6.50. bite~of fly brings - BLINDNESS TO 50,000 Mexican Insect Parasite Source of Widespread Malady. Bi) Science Service \ MEXICO CITY, Sept. 26.—The bite of a little red simulid fly has brought blindness to some 45,000 Indians in Chiapas and 5,000 in Oaxaca, according to the Mexican health department. The life history of the parasite which the fly deposits in the blood of man now is known, but no good remedy to combat it has been worked out. Because the Oaxaca region is small, health department brigades have chosen it as a field of experiment. The larvae of the flies are found among dead leaves along creek and river banks, and by cleaning these and burning the debris some impression has been made on the blindness epidemic. Tumors appear on the heads of those affected, and these are being operated on by wholesale by the sanitary brigades. This eventually cures the individual if the disease has not gone too far. The tumors are filled with long, thin, coiling organisms that can be seen by the microscope. Being phototropic, or light-loving, these make their way to the eye. Indians with affected eyes are almost blind in the sun, but •ee better at night. DOG CATCHER DESERTS POST TO SEIZE DUCKS Rounds Up Stray Flock as Dull Moment Hits Profession.’ By United Press HAYWARD. Cal., Sept. 26.—Robert Lee Pace, city dog catcher, is versatile. Business was slack the other day. A phone jangled. Said the voice, ‘There’s a flock of stray ducks hanging around my island. Pace deserted his dogs, manned a canoe and successfully waged a marine roundup on Lake Chabot. Now the ducks are in the city pound awaiting arrival of their owner;
Inti. Harvester Johns-Manvlll* Nat. Biscuit Pub. S. of N. J. Sears Roebuck Stand, of N. J. Un. Aircraft U. S. Steel Union Pacific Westinghouse
The City in Brief
WEDNESDAY EVENTS Kiwanis Club, luncheon. Claypool. Purdue Alumni, luncheon, Severin. League for Hard of Hearing, meeting, Stokes building, 7:30 p. m. Lions Club, luncheon. Washington. Apartment Owners, luncheon, Washington. Twelfth District Legion, luncheon, Board of Trade. Home Builders, dinner, Washington. War mothers, convention, Claypool. Associated Lutheran Charities, convention, Lincoln. Indiana Confer e ncc, Methodist Churches, meeting. North M. E. church. County Commissioners’ Association, convention. Severin. Home Service Workers, conference, Indianapolis Athletic Club. Mutual Insurance Association, luncheon, Columbia Club. Delta Chi Sigma fraternity will meet at 8 tonight with Chan White, 1939 North Meridian street.
Bright Spots
By United Press Wabash railway reports August net income of $354,768, against deficit of $220,662 in August last year, Ann Arbor railway earns August net income of $58,884, against $Bl7 in August, 1932. Tobacco Products Export Corporation declares dividend of 10 cents a share, first payment since March 1932. New York, Ontario & Western railroad earns August net income of $262,738, against $213,179 in like 1932 month.
Chicago Stocks By Abbott. Hoppin & Cos. 1
TOTAL SALES 30,000 SHARES —Sept. 25High. Low. Close. Asbestos Mfe 4 3% 4 Assoc Telephone Util % Bastian-Blessing ... 6% Bendix Aviation 16% 15 5 /e 16 Berghoff Brew Cos .... 12% 12 12 Borg-Warner 16% 15% 15% E L Bruce Cos ... 14% Butler Bros 4 3% 3% Cent 111 Pub Serv pfd 21 Cent 111 Securities com % Cent Ind Power pfd 6 Cent Pub Util % Cent & So West , ... 1% Cent & So West pfd.... 7% 7 7 Chi & North Western.. 10% 9% 9'a Chicago Corn Com 32% 2% Chicago Corn Pfd 25% 24% 24% Chicago Flexible Shaft.. 9% 8% 9% Chicago Towel, pfd ... 58 Chicago Yellow Cab ... 12 Cities Service ........ 2% 2% 2% Commonwealth Edison. 48 47% A7% Cord Corn 10 9 % 9 5 Crane Cos 7 6% 7 Curtis Mfg Cos Dexter Cos .. 4 , Electric Household 10% 10% 10% Fitzsimmons & Connell .. ... 10% Gardner-Denver Cos ..... 18 % General House Util iB% 17% 17% Godchaux (B) 6 Great Lakes Dredge.... 15% 15% 15% Grigsby-Grunow 2% 2% 2% Hall Printing ... 4% Hart. S & M 18 Houdaille-Hersey (A) 10 Illinois Brick ... 4% Kentucky Ut Jr cum pfd 16% 16 16 Kingsbury Brew Cos. .. . 10 9% 10 Lawbeck Corp 6% pfd 28% Libby McNeil 4% 4 4% Lion Oil Refining C 0.... 7% 7% 7% Lvnch Corp 35% 33% 34% Marshall Field 17 16 16% McCord Rad "A” McQuay-Norris 40% Mickelberry’s Food Prd .. ... 13% Middle West Utilities % Midland Util 7% A Pfd Midland Util P L 2% National-Standard .... 21 20% 21 National Union Radio 1% Noblitt-Soarks Ind Inc. 25 24% 24% Northw Bancorporation 6% N West Util 7% pfd. .. 3% 2 2 Oshkosh Overall 4% Perfect Circle •••., 29 % Potter Cos 4% 4% 4% Prima Cos 16 15% 15% Process Corp 3% Public Service 6% Pfd. .. ... 58 Quaker Oats 125 Rath Packing 21 Raytheon V T C •• 2 Sears Roebuck .. 42 40% 41% Swift &Cos 17% 17% 17% Swift International . 26 25% 25% Telephone Bond & Sh A .. ... 2 Thompson Jft |% 8/* 8% United Printers & P pfd 3% 3% 3% Viking Pump 2 Viking Pump, pfd Vortex Cup Cos A 25 Wahl ••• 1 % Walgreen Cos com 17% 17 17% Ward Montgomery A 63 Wiebolt Stores 44 % STORKS GROW SCARCE IN WESTERN GERMANY So 200 Younff Birds From East Prussia Are Released in Area. E.y Science Service BERLIN, Sept. 26.—Storks have been getting scarce lately in western Germany. Germans, especially the younger generation, have been concerned over this, for the long-legged birds, long given to nesting on housetops and unused chimneys, are popular birds and ar6 supposed to be carriers of good luck. Ornithologists found not scarcity of stocks in East Prussia, and felt that moving a few of the surplus stork population would do no harm. So 200 young birds oij this season’s crop were captured and given a free train ride into western Germany where they were released near Essen. Now the ‘ornithologists are wondering whether these transplanted East Prussian storks will return to their new homes next spring after a winter’s sojourn in Africa, or whether they will go back to the land of their ancestors. The new factory building of a paper company is lighted and aired artificially, but has imitation windows of in hite brick, just to make it look naiural.
.KEPT. 28,'1935
POOR SUPPORT SENDS FUTURE OPTIONS DOWN Inflation Seen as Needed Factor to Boost Prices. BY HARMAN TV. NICHOLS United Press Staff Correspondent CHICAGO. Sept. 26 A total lack of support from any direction sent the grain market down fractionally at the opening today. Wheat was off % to % cent, corn was down % cent and oats was unchanged to down % cent. Rye was down 1% cents. Brokers felt the market was in need of anew stimulating influence. Operators looked to inflation today as the only factor which might start an upturn in the grain market and held to the general belief that there is little prospect for this in the immediate future. Liverpool Monday failed to follow the slight rally in the local market. The country Monday sold old com sparingly and only a small supply was booked. Overnight news from the corn belt, told of considerable rain but this is not considered as a market factor since most of the corn has reached maturity. The elevators now are buying December oats and selling May and this grain continued to remain the firmest of all cereals. Chicago Primary Receipts —Sept. 25 —Bushels— Today. Last week. Wheat 827,000 1.042,000 Corn 1,543,000 977.000 Oats 448.000 110,000 Chicago Futures Range —Sept. 26WHEAT— Prer. High. Low. 10:30 close! December ... .92% .91% .92% 9241 Mav 96% .95% .96% .96% CORN— December ... .52% .52 ,52'4 .52% Mav S. .58% .58% .58% .58% OATS— December ~,, .40% .40% .40% ..40% Mav .43% .4374 .43% .44 RYE— December ... .73% .72% .73 .74 Mav 79% .79% .79%/ .81% BARLEY— December ... .60% .60 .60 . 60% Mav ... .65% .65% CHICAGO CASH GRAIN By United Press CHICAGO. Sept. 25.—Cash grain close: Wheat—No. 2 red, 87%c: No. 5 red, 85%c; No. 7 hard. 88%c; No. 2 hard, 8844 c: No. 3 hard, 86%c; sample hard. 81c; No. 2 hard weevily. 86%c; No. 2 mixed. 87%c. CornNo. 2 mixed. 46%e; No. 3 mixed, 45%c; No. 1 yellow, 46%047c; No. 2 yellow. 46% @47%c; No 3 yellow, 45%@46%c: No. 4 yellow. 44044%c; No. 5 yellow. 43c; No. 6 yeiiow, 40® 41%c: No. 1 white. 47%047%c; No. 2 white. 4748 c; No. 4 white. 44%c: sample grade. 33c. Oats—No. 1 white. 37%c; No. 2 white. 35%@37c; No. 3 white. 344 / 2 036 c: No. 4 w’hite. 34%c. Rye—No sales. Tim0thy—55.500.5.75 Clovcrseed—sß@lo. Barley—4B®Boc. Cash provisions: Lard—ss.7o; loose. $5: leaf. $5; D. 3. Bellies, $5.87. TOLEDO CASH GRAIW By United Press TOLEDO. Sept. 25.—Cash grain close: Grain in elevators, transit billing: Wheat —No. 2 red. 89%@90%c: No. 1 red. l@l%o premium. Corn—No. 2 yellow. 52%@'53%c. Oats—No. 2 white. 40® 41c. Rye—No 2. 77@78c. Track prices, 28%c rate: Wheat —No. 1 red. 85%@86%c; No. 2 red. 84%® 85%c. Corn—No. 2 yellow. 48% 039%c; No. 3 yellow, 47%@48c. Oats—No. 2 white, 3738 c; No. 3 white. 35%@37%c. Seed close; Clover—Cash. $6.50; October. $6.60; December, $6.75. Alsike—Cash. $8.10; December. $8.35. Produce close: Butter Fancy creamery. 27c. Eggs—Extras, 21% ®22c. Hay—No quotes. ST. LOUIS CASH GRAIN By United Press ST. LOUIS, Sept. 25.—Cash grain: Wheat In fair demand. %@lc higher; No. 2 red, 89%@91c; No. 3 red. 880 88%c: No. 1 red garlicky, 89c: No. 2 red garlicky. 85%@88c; No. 3 red garlicky, 88%c; No. £ hard. 90c. nominal; No. 1 mixed. 90c; No. 2 mixed, 88%@90c. Corn—ln good demand. 10 l%c lower; No. 2 yellow 47® 48c; No. 3 yellow. 46%c; No. 4 yellow. 46c; No. 2 white, 49@49%c; No. 3 white. 484)) 48%c. Oats—ln good demand, unchanged; No. 2 white. 36%c: No. 1 mixed, 36c; No. 4 mixed. 35%c.
Indianapolis Cash Grain
—Sept. 25 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. 0. b., shipping point, basis 41% New York rate, were: Wheat—Weak; No. 1 red. 70 0 80c; No. 2 red. 78@79c; No. 2 hard, 78® 79c. Corn—Weak; No. 2 white. 420 44c; No. 3 white. 42@43c; No. 2 yellow. 40@41c; No. 3 yellow. 39®40c; No. 2 mixed. [email protected]; No. 3 mixed. 38®39c. Oats—Weak: No. 2 white. 31®32c; No. 3 white. 30@31c Hay (f. 0. b. country points taking 23% or less rates to Cincinnati or Louisville) No. 1 timothy, [email protected]; No. 2 timothy. $5.5006. 41 —lnspections— Wheat—No 1 red, 4 cars: No. 4 red, I car; No. 1 hard. 1 car; No. X mixed, 1 car. Total, 7 cars. Corn—No. 2 white. 4 cars: No. 3 white. 4 cars; No. 2 yellow, 23 cars; No. 3 yellow 24 cars; No. 4 yellow, 14 cars: No. 6 yellow! 2 cars; No. 3 mixed. 1 car. Total. 7'2 cars! pats—No. 2 white, 12 cars; No. 3 white, 6 cars: No. 2 mixed. 1 car. Total, 19 cars. INDIANAPOLIS WAGON WHEAT City grain elevators are paying 78 cent* for No. 2 son rea wheat. Otner gradea on their merits. Former Sheriff’s Trial Deferred ' By United Press BLOOMINGTON, Ind., Sept. 26. —Postponement of the trial of R. H. (Buck) Stephens, former Monroe county sheriff, charged with embezzlement, until Dec. 5, was granted in Monroe circuit court Monday on motion of defense attorneys. The trial was scheduled to start Friday. In the Air Weather conditions at 9 a. m.:' South southwest wind, 21 miles an hour; temperature, 72; barometric pressure, 29.93 at sea level: general conditions, high broken clouds, lower scattered; ceiling, unlimited; visibility, 20 miles.
COLLATERAL | % LOANS * V So Co-Makers Repaid Over a Whole Year The Indianapolis Morris Plan Cos. S. E. Corner Delaware and Ohio Sts. RI. 1536.
BUY YOUR FROM 30TH & CENTRAL SALES TA. 5550
Enthusiasm Your enthusiasm for life insurance is in direct proportion to your knowledge of life insurance its strength its service. Ward Kiiackleman And Associates Massachusetts Mutual Life Ins. Cos. SOO Continental Bonk Bldg.
