Indianapolis Times, Volume 45, Number 126, Indianapolis, Marion County, 5 October 1933 — Page 17

OCT. 5, 1933

Wall Street.

Revaluation of Dollar Likely to Cause Rush of Capi tal to This Country; Should Help Trade. By RALPH HFNDERSHOT limn Special Financial Writer

One important factor seems to be getting little attention these days when consideration is being given to dollar revaluation in terms of gold. That factor is the probable rapid return of the American capital which has been shipped out of this country, and probably the entrance of a great deal of European capital in the event revaluation is accompanied by promise of an early return to the gold standard. Much of the American capital sent to other countries for safekeeping was sent out when the dollar commanded a higher price than it does now and is likely to be placed upon it in the event of revaluation. This means

that the amount brought bark in terms of new dollars is likely to be substantially larger than that sent out. Moreover, the buying power of the new dollar would be nigh in relation to other foreign currencies, and, since it would be fixed at the lower level and be backed by an abundance of gold to maintain its price, the chances are that people in European and other countries not so favorably situated from a currency standpoint would be inclined to send huge quantities of their capital to the United States. n a a Business Should Benefit No matter what disposition is made of these funds business and the security markets are more or less bound to be favorably affected. In the event the new securities act is modified so as to make security underwriting less hazardous, business might be counted upon to get the long-term credit it so sorely needs. If no such change Is made, the securities already on the markets should command a premium. Added

1

Ralph Hendershot

to the funds the government plans to force into the business stream the return of capital should make credit very easy to obtain. It might well result in a brisk pickup in both domestic and international trade. man Europe Might Steal a March A devaluation move in this country, however, might complicate monetary conditions abroad. France, for instance, might be seriously hurt by the wltncrawal of capital. To prevent it being shipped to the United States in the form of gold she might either go off the gold standard or place an embargo on the yellow metal, which would amount to about the same thing. For the United States to decide on a devaluation plan without first consulting leading European countries might prove a mistake. After we had set a price for our currency they might embark on a relatively deeper de' aluation plan of their own in order to secure an international trade advantage. So whether we like it or not, it probably would be safer to arrive at some understanding with the European pow r ers before making any hard and fast monetary decisions.

New York Stocks (By Abbott. Hoppln ft Cos.)

—Oct. 5 Oil*— Prev. High Low. 10 30 close Amerada 44% 44 44 44% i Atl Rfg 28% 28% i Barnsdall ... 9% 9% j Consol Oil 13% 13% Coni of Del ... 18 17% 17% 17% ! Houston (old).. ... ... 28% Mid Cont Pet . 13% 13 13 13*/a Ohio Oil 18% 15% Pet Corn 12% | Phillips Pet ... ... 16% I Pure Oil 13% 13 % Roval Dutch 35% I Sbd Oil 41% 42 i Shell Union 8% 8% Simms Pet 9% | Skellev Oil 8 Soc Vac 12% S O of Cal 42*4 42% S O of N J 41 40% Sun Oil 46% Texas Corn 27% 27 % Tidewater Assn ... ... 11*4 Un Oil of Cal 21 Steels— Am Roll Mills 19% 19% Beth Steel 34% 34% 34% 35*s Bvers AM ... ... 28 Col Fuel ft Iron 6% 6 Inland Steel ... ... 35 Ludlum Steel ... ... ... 11 McKeesport Tin .. ... 81% 81% Natl Steel 42 Ren Iron ft Steel .. ... 15% 15% Rep Ir ft Stl pfd 32 U S Smelt . 102 101'a 102 103% Vanadium . 23 22% Midland 12% U 8 Pipe ft Fdv 15 U S Steel 48% 47% 48 48% U S Steel pfd 84 82 % Youngstn S ft T 23% 22% Rails— Atchison 54% 54 54 54% \ Atl Cst Line 36 B ft O 28 28% Can Pac ... 14*4 14% Ch ft Ohio 42*4 42% Chi ft Gt W. 3% C M ft St P 6% C M ft St P pfd 10% 10% Chi N W 10% 10 Dela ft Hud 64% Erie 17% Grt Northern pfd . . 21*4 21**2 111 Central 31% 31% 31% 32 Lou ft Nash ... ... 43% M K ft T 9% 9\ Mo Pac pfd ... ... 6% N Y Cent 40 39*2 39% 40% N Y Chi ft St. L 22 21% 22 18% N Y C ft St L fd 21 N Y New Haven .. ... ... 20% Norfolk ft Wes . .. ... ... 150 Nor Pac 24% Penn R R 31% 31 31 30*2 Sou Pac 23 3 a 23*4 23*4 23% Sou R B 26% 27 Sou R R fd 29% Union Par ... ..... 115 W Maryland..., .. ... 10'/a 10 Motor*— Auburn 51 50% Chrysler 45 44% 45 45% Gen Motors .... 31% 31 31 31 *4 Graham Mot Hudson 12 12% Hupp 4% 4 Mack Truck 22 Nash ... 22% 21% Packard 4 3% 3% 4 Reo 3% 3 Studehaker 5% 5% Yellow Truck 5% 5% Molar Access— Bendix ... 16*4 16*4 Bohn Alum ... • • • 43-4 Borg Warner ... . I®. Briggs 9% ?% Budd Wheel. ,4% Eaton Mfg J3% 13 Elec Auto Lite.. .. ... 18% 18 a Houd Hershev .... ... ... 3% Murrav Bodv .. .. . • .■■ 6 Stew Warner. . . 6% 6% 6% 6% Timken Pol 28% Mining— Alaska Jun ... t 25% 26% Am Smelt 47% 47*4 47% 48% Anaconda 16% 16*4 16% 17 Cal ft Hecla s'* Cerro De Pasco 38 38 2 Granbv }*% Gt Nor Ore *l% Homeveake Min . ... .■ • Howe Sound .... 32% 32 32 32'R Ins Copper , ..... ••• 5% Int Nickel .... 20*2 20% 20% 20% Kennecott Coo.. 23 22% 22 23% Noranda Cop 36% 36% Phelps Dodge... .. ... 17 17-4 Tobaccos — Am Sum Tob ... ••• *“ 2 Am Tobacco A *3 4 Am Tobacco B 86% 86 r Gen Cigar .. 3* * Ltgg ft Mvers B , 96 2 Lombard 2J% 21% Reynolds Sob B .. ... 51 ■* 50 Eauipments— Allis Chalmers 17% 16 Am Car ft Fdv 29% 28% Am Loco 2 Am Mach ft Fdv 16% 15% Am Steel Fdv 22*4 22 . Bald Loco ~ Jf, a Case J I 70% 70% Cater Tract 21*4 21% Colgat Palm Peet *4.2 CongoVeum -J'a Elec Stor Bat 43 Foster Wheeler Gen Am Tk Car 32% 32 32 32 a Gen Elec 20% 20 . Gen R R Sig 3i% 3_( Ingsol Rand.. 5) Int Bus Mich 133 Int Harvester 3i% 38*a Kclvmator *2 Natl Cash Reg I<% 17% Proc ft Gamble .. .... .•• 41% Pullman Inc 50% 50% 50% s<Va Simmons Bed ... ... 22* Und Elliot 30% West Air B .. ... 28% 28 a Westingh Elec 38 3i% 3. * 3. b Worthington Pm 25 Utilities — Am ft For Pwr 10% 10% 10% 10% Am Power ft Lit 9% 9 9% 8 • \ T ft T 121 120% 120% 120% Am Wat Wks 25*a 23% 23% 23% Brook Un Gas.. .. ... • 2 Col Gas ft Elec . 16% Com ft Sou ... 2% 2% 2% 2* Consol Gas .... 43 42% 42% 42Elec Pwr ft Lit 7% 7 E P ft L Pfd . • J3*Int Tft T 13’. 13% 13% 14 Lou G ft E A■, } ‘ Nst Pwr ft Lit 11% 11% North Amer .. 20 19 s * 19% 19% Pac Gft E ... 21% 21% Pub Serv NJ. 38% 3.’* 37% 3i% So Cal Edison 19% 19% Std Gas 12% 11% Std Gas pfd ... 13 United Corp . . 6% 6% 6% 6-a Un Gas Imp 17 16% Ut Pwr ft Lit A 4 4 Western Union.. 5. % 5. % Rubber*— Firestone •••, Goodrich 14% 14 2 14% 14% Goodyear 36% 36% 36** 36*, U S Rubber 17% 17% U S Fub pfd 29 28% Kel Spring 3 Amusements— Crosley Radio .?% 1 Fox Film ... l*'a 16% Loews Inc ... 33% 33_ Radio Corp 8% 8 8 7% RKO 32% Warner Bros ... 7% 7% 7’* 7% Foods— Am Sugar 65 Armour A ... .4% 4% Beatrice Cream.. ... ... 13% Borden Prod-... 24% 24** 24% 23% Cal Packing 23 Canada Dry O A 32% 32% 32% 32 % I Coca Cola 91 Cont >ak A 13% Corn Prod 89% ! Crm of Wheat ... 30 Gen Foods 35% : Gold Dust ~. 21%j O W Sugar 40% j Hwhey 49 tot Salt 24% 1

Loose Wiles 38% Natl Biscuit . . . ’ 50% Natl D Prod 15% 15% ’ 18% 15% Purity Bak 18% 16% 16**2 16% 8 Porto Rico Sug . . ... . 42% Std Brands 25% 25% 25% 25% United Fruit 62% 62% Wrlgley 522, Retail Stores— Ass Dry Goods 143/, Best ft Cos ... , ] 27 Gimbel Bros ... 554 53* Hahn Dept Sts.. .. ... sa/. is/. Jewel Tea 0 Ktosge S S 12% 12% Kroger Groc 23% 23% Macy R H 55 3 <, 55 May Dept 8t ... . 30 Mont Ward 21% 21 2i% 21 Peny J C 45 Safeway St 43% 43% 43®, 42 Sears Roebuck.. 41% 41% 41 % 42 Woolworth ... 391 2 40 Aviation— Aviation Corp 91/, 93* Douglass Air 14 M% 13% 14% Curtiss Wright 2% 2% Curtiss Wright A 5% 5 Nor Am Av 6% 51 United Aircraft. 32% 32H 32% 32% Chemicals— Air Reduction ... ... 105 Allied Chem . . 136% 133% Am Com Alcohol 62 61% 61% 62 Col Carbon Com Solvents .. 38% 38% 38% 39 Du Pont 77% 77% 77% 78 Freeport Tex 44% 44% 44% 44% Liquid Carb ... 30 Math Alkali ... ii'i 41% Tex Gulf Sulph 38% 38% 38% 38% Union Carbide.. 44% 44% 44% 45 U S Indus Alco.. 69*2 69 69 70% Nat Distil 94'* 93% 94% 94 Drugs— Cotv Inc 41,, Drug Inc '.. *" 3 Lambert ... . ' 30% Lehn ft Fink ... ... 19 Zonite Prod ... . g% Finanrial— Adams Exp ... 9 8% Allegheny Corn. .. 434, 4% Chesa Corn ... ... 39% Transamerica .. .. ... 6% g Tr Conti Corp 5% 514 Building— 2 Am Radiator 14% 14% Gen Asphalt 18% IEI4 18*i 17% Int Cement . . 29% Johns Manville 5t% 54 54 55 Libbv Owens Gls 30% 30*4 30*4 30*2 Otis Elev 15 Ulen Const 2% Miscellaneous— Am Bank Note . ... 15*4 14% Am Can 91 90% 91 91% Anchor Cap 24 24 Brklvn Man Tr 32 Conti Can 66 Eastman Kodak 79% 79% Owens Bottle... 79 78% 79 78% Gillette 13% Glidden 16 Gotham Silk ... ... 9% Indus Ravon . . 72% 71% 71% 73 Inter Rapid Tr 8% Real Silk Hose 11% New York Curb (By Abbott, Hoppln ft Cos.) —Oct. 4 Close! Close. Alum Cos of Am 63 Inti Ptrol .... 19% Am Bev 2 Lake Shore Mi 49'* Am C P ft L B 2% Lone Star Gas.. 7** Am Cyan B 12% Mount Prod ... 4 Am Gas ft El 24% Natl Bell Hess 2% Am Sup Pwr.. 3% Niag Hud Pwr 7% Ark Ntl Pwr A 1% Pan Am Air.... 52% Ass Gas A ... ’a Parker Rstprf. 57'% Atlas Ut Crp.. 13 Pennroad 3Vs Axton 59% Pioneer Gld Mi 11% Can Marc 3 St Regis Paper 3% Cent Sts El ... 1% Salt Creek Prod 6 Cities Serv ... 2% Segal Lock ... % Comm Edison.. 44% Std Oil of Ind 31‘a Cord 9% Std Oil of Ky. 15% El Bnd ft Sh. 18% Stutz 7% Ford of Eng.. 5% United Founders 1% Ford Mot Can.. 12‘s United Gas 3% Hudson Bar M 10% Un Lt ft Pw A 3% Imperial 0i1... 13 Wright Harg's. B'%

The City in Brief

Friday Events Exchange Club, luncheon. Washington. Optimist Club, luncheon, Columbia Club. Sahara Grotto, luncheon. Grotto Club. Reserve Officers Association, luncheon. Board of Trade. Phi Delta Theta, luncheon, Columbia Club. Brokers Association, dinner, 6:30, Washington. Delta Tau Delta, luncheon, Columbia Club. Kappa Sigma, luncheon, Washington. Harvard Club, luncheon. Lincoln. Altrusa Club, luncheon, Columbia Club. STATE FORESTRIES TO MAKE TOUR OF PARKS Conservation Order Maps Event During: Fall Meeting. A three-day tour of the state parks and forests has been arranged for the fall meeting of the Association of State Foresters. Oct. 16-18. it was announced today by Virgil M. Simmons, state conservation department director. Indiana is to be host to the organization for the first time since it was founded. The tour will begin at the Clark county state force-, and end at Dunes state park. Overnight stops will be at French Lick. Brown > x unty state park and the Dunes. WINS CITY SCHOLARSHIP Shortridge Graduate to Do Research Work in Lilly Laboratory. Through a scholarship grant of the Ely Lilly & Cos.. Miss Lucille Wade. Shortridge high school graduate. and daughter of Frank Wade, head of the Shortridge chemistry department, will do research work in the biochemistry department of the company here this winter. Miss Wade, who received her masters degree at John Hopkins university, has been working since last May in the Lilly laboratories at # Woods Hole, Mass.

STOCK SHARES 1 SELL LOWER IN UNEVENTRADE Previous Session Favorites Hardest Hit During Profit-Taking.

Average Stock Prices

Average of thirty Industrials for Wednesday. high 99 21. low 94 89. last 98 60. up 5 05. Average of twenty rails 42 99. 40 49. 42 83 up 277 Average of twenty utilities 26 56. 25 12 26 34 up 1.53. Average of forty bonds 83 86 up .05. Average of ten first rails 90.05. up .03. Average of ten second rails 68 12. off .03 Average of ten utilities 92 62. off .15. Average of ten Industrials 84 65. up .41. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. s.—The stock market today appeared to be resting after yesterday's sharp uprush. Prices were irregular with trading quiet. Numerous leaders, which profited sharply yesterday, underwent profittaking today but the market easily absorbed all of this type of selling. There was an absence of news and big buying orders although some of the big poerators, who supposedly returned to the firing line yesterday, were reported to be back in the market again today. Yesterday's speculative favorites had the worst set-backs today, Chrysler losing % of a point, Great Western Sugar declining 1% points, Johns Manville losing a point, McIntyre Porcupine losing IVi points, U. S. Smelting losing 2% points and General Motors off fractionally. Some leaders managed to pull away from yesterday's close. Among the gold mines Dome added 1% points. National Distillers added % of a point as did Public Service of New Jersey. Most of the utilities managed to show strength.

Bank Clearings

INDIANAPOLIS STATEMENT -—Oct. 5 Clearings $3,582,000.00 Delfits 4.623.000.00 TREASURY STATEMENT —Oct. 5 Net balance for Oct. 3 $1,143,759,193.96 Misc. Int. Rev. receipts . . 22.759.171.72 Customs rects. mo. to date 2.390.742.89

Foreign Exchange

(Bv Abbott. Hoppln ft Cos.) —Oct. 4 Close. Sterling. England $4.76% Franc. France 0606% Lira. Italy 0811% Belgas. Belgium 2160 Mark. Germany 369! Guilder. Holland 6255 Peseta. Spain 1296 Krone. Norw’av 2398 Krone. Denmark 2133

Bright Spots

By United Press Edison Electric Institute reports electric output last week was 1.652,811,000 kilowatt hours, up 10.2 per cent from like 1932 week. Lehigh Valley Railroad earns August net income of $3.3,864, against net loss of $760,976 in August, K 32. W. T. Grant Company reports September sales of $6,423,347, up 13.5 per cent from September last year. Homestake Mining Company declares extra dividend of $1 a share. Illinois Bell Telephone Company reports September telephone installations in Chicago area exceeded disconnections by 5,688.

Investment Trust Shares

(By Abbott, Hoppln ftCo.) —Oct. 4 American Bank Stocks Corp... 90 1.00 American ft General Sec A. .. 575 6.75 Basic Industry Shares 3.18 3.22 British Type Inv Tr Sh 50 .60 Collateral Trustee Shares A. .. 4.62 5.00 Corporate Trust Shares (old).. 2.17 2.22 Corporate Trust Shares mew) 2 30 2.35 Cumulative Trust Shares 3.92 3.98 Diversified Trust Shares A.... 6.25 . .. Diversified Trust Shares B ... 7.75 800 Diversified Trust Shares C ... 296 3.02 Diversified Trust Shares D.. 4.75 4.87 First Insurance Stock Corp.. 1.38 1.42 First Common Stock Corp 92 1,07 Fixed Trust Oil Shares A 8.25 .... Fixed Trust Oil Shares B ... 7.05 Investors Inc 17.25 17.50 Nation Wide Securities 3.22 3.27 North American Trust Sh 153> 1.82 .... North Am Trust Shs (55-56) 2.30 2.35 Petroleum Trust Shares A 11.00' 14.00 Selected American Shares 2.75 2.87 Selected Cumulative Shares ... 6.75 7.00 Selected Income Shares 3.65 3.75 Std. American Trst Shares A.. 3.00 3.10 Trust Shares of America 287 297 Trustee Std. Oil A 5.10 5.25 Trustee Std. Oil B 4 60 4.75 U S Electric Lt ft Pwr A 11.50 12.00 Universal Trust Shares 2.91 3.00 CHICAGO FRUIT MARKET By United Press CHICAGO. Oct. 4—Apples: Michigan Wealthies. bushel. S .75® 1; Jonathans, bushel. [email protected]. Pears: Michigan Keifers, bushel. 75c: No. 2. 40®50c. Carrots: Illinois, bunch. 1 *2® 2%c. Eggplant: Illinois, 35@00c, bushel. Spinach: Illinois, 40® 60c. Beans: Illinois, green. [email protected]. Cabbage: Wisconsin. $ .90(21, crate. Peppers: Illinois. 25®50c. Celery: Michigan, crate. 20 ®3oc: fiats. 25@40c. Tomatoes: Michigan. 25@50c. Grapes: Michigan. 12 qt, 20c: 4 qt, $ 104i1.12. Peaches: Colorado, bushel, $1 10ca1.25. Onions: California Valentias, bushel. $ .90® 1; Wisconsin yellows, bushel. 60® 65c; Indiana yellows, bushel. 60® 65c; Illinois yellows, bushel. 60® 65c: Minnesota and Indiana whites, bushel. $1.1061.15. Import duties in Cuba favor importation of American goods, which receive a reduction of 40 per cent in the ad valorem rates.

Secretary —She Scores Francis Perkins Grand Story-Teller; and She Makes a Hit with A. F. of L. By United Press WASHINGTON. Oct. s.—Miss Frances Perkins came off with flying colors from her speech before the American Federation of Labor, many members of which have been continuing to grumble because the secretary of labor was a woman. With a facile touch of a clever raconteur she broke the ice with several well-told stories.

One was about a young Indian j affairs bureau clerk sent to a western reservation to induce an Indian chief to abandon eleven of twelve wives. He pleaded with the chief to ; remember that the great white ! father was against polygamy. "Twelve wives too many, eleven must go. one stay." the clerk said. The chief was silent. “You got to get rid of eleven wives." shouted the clerk. The Indian grunted, and finally said: "You tell ’em.” a a a HER second yarn concerned a Londoner, a world traveler, who sampled native foods as he

THE INDIANAPOLIS TIMES

Chicago Stocks " ~ By Abbott. Hoppln ft Cos — *

—Oct. 4 Total Sales. 40.000 Shares High. Low. Close. Abbot Lab ... 38% Aeme Steel Cos ... 26 Asbestos Mfg 4 Bastian-Blesslng 6 Bendix Aviation 16% 16% 16% BerghofT Brew Cos ll' 10’a 11 Borg-Warner 16% 15% 16‘2 E L Bruce Cos ... 15 Butler Bros 3'2 33% Cent 111 Pub Serv pfd 20% Cent & So West ... I 1 a Cent ft So West pfd 5 Cent ft So W P L pfd 10 Cherry Burrell Corp . . . ... 7' x Chi ft North Western.. 10% 9% 10% Chicago Corp com 2% 2% 2% Chicago Corp pfd 24% 24 24% ChicSAo Flexible Shaft. 10 9% 10 Chicago Mail Order 12% Chicago Yellow Cab 13 12 l 4 13 Cities Service 2% 2% 2 ! 4 Club Aluminum Vi Commonwealth Edison. 46 46 46 Cord Corp 9% 9% 9% Crane Cos pfd 36% De Mets. Inc. pfnce ... 15 Dexter Cos 4% Electric Houeshold ... 11 General House Util 18% 17% 18% Goldblatt Bros ... 22% Great Lakes Aircraft ... Vi Great Lakes Dredge 15% Grigsby-Grunow 2% 2 Vi 2V HalT Printing ... 4 3 Houdaille-Hershey (Ai 10 Libby-McNeil 4% 4 4 Lion Oil Refining Coo.. .. ... 7 Lynch Corp 38Vi 36 37% Marshall Field 16% 15% 16V 2 McGraw Electric 4% 4V 2 4% McWilliams Dredging Cos 14 13% 13% Meadows Mfg Cos Com Middle West Utilities.. Vi Vi Vi Nobiitt-Sparks Ind Inc.. 26% 25Vi 26% North American Car 5 Northwest Bancorporatn 6 Oshkosh Overall 4% Penn Gas ft Elec ... 7' t Perfect Circle 21Vi 21 21 Potter Cos 3Vi Prima Cos 16 Public Service N P 25'i Public Service 6% pfd.. 56 54 54 Public Service 7% pfd.. . .. 62 Quaker Oats 120V4 120y B 120% Quaker Oats pfd 116*8 116 116 Raytheon V T C 2*4 2 2 Reliance Mfg pfd 8# St Louis N Stk Yds... 35 32Vi 32 1 a Sears Roebuck ... 42 Swift ft Cos 17Vi 16Vi 17 V Swift Internacional .... 25*4 24*4 24V* Utah Radio 1% Utility & Ind ... l'/ Vortex Cup Cos (A) 25 Walgreen Cos com 17% 17*4 17% Ward Montgomery (A).. .. ... 62 Wisconsin Bankshares.. .. . . 4%

Federal Farm Loan Bonds

(By Blvth & Cos.. Inc.) —Oct. 4 Bid. Ask. 4s. Nov. 1. 1957-37 86 86% 4s. Mav 1. 1958-38 86 86% 4Vis. July 1. 1956-36 87 87% 4Vis. Jan. 1. 1957-37 87 87% 4Vis. Mav 1. 1957-37 87 87% 4Vi s. Nov. 1. 1958-38 87 87% 4Vis. Dec. 1. 1933-32 100V4 100*4 4*is. Mav 1, 1942-32 92*4 93*4 4*/aS. Jan. 1. 1943-33 92*4 93*4 4Vis. Jan. 1. 1953-33 •... 90 91 4 Vis. July 1. 1933-33 90 91 4%5. Jan. 1. 1955-35 90 91 4 Vis. July 1. 1955-35 90 91 4Vis. Jan. 1. 1956-36 90 91 4%5. July 1. 1953-33 92 93 4%5. Jan. 1. 1954-34 92 93 4%5. Julv 1. 1954-34 92 93 ss. Mav 1. 1941-31 97 97% ss, Nov. 1, 1941-31 97 97% Home Loan 4s, July 1. 1951... 86% 87Vi

Daily Price Index

By United Press NEW YORK, Oct. 4. Dun ft Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 average, 100) Today 101.40 Tuesday 101.13 Week Ago 101.74 Month Ago 100.60 Year Ago 78.15 1933 High (July 18) 113.52 1933 Low (Jan. 20) 67.86 (Copyright. 1933, by Dun ft Bradstreet, Inc.)

Produce Markets

Delivered in Indianapolis prices—Hens, 10c: Leghorn hens. 7c: springers. 4% lbs. and over. 10c: under 4% lbs, 9c; Leghorn springers. 7c; cocks. 5 lbs. and up. 6c; under 5 lbs, 4c; ducks 4% lbs. and over, full feathered and fat. 6c; under 4% 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 55 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 Wadley Company. By United Press CHICAGO. Oct. 5. —Eggs—Market, steady; receitps. 2,794; extra firsts. 20 %c; dirties. 14c: current receipts. 16%®T7%c. Butter - -Receipts. 10.978: market unsettled; specials. 23%®24c; extras. 23c; extra firsts. 20%@22c: firsts. 17%®>i9c: seconds. 16%® 17c: standards. 21c. Poultry—Market, steadv to %c lower; receipts, 31 trucks; 1 car: fowls. 10@ll%c: Leghorns. 7c; ducks. 8® 10c: geese. 8®llc: turkeys. 8c: roosters. 6@7%c. Cheese—Twins. 11%® 12c: Longhorns. 12%®12%c. Potatoes— Shipments. 925: arrivals. 129: on track. 324: supply liberal: demand and trading slow: steady on russets, slightly weaker on other classes: Wisconsin cobbiers. $1.15 ®1.30: Minnesota and North Dakota cobblers. $1.25® 1.35: Red River Ohios, $1.20® 1.30: lowa cobblers. $1.25: Nebraska triumphs. $1.35®1.50: mostly *[email protected]: Wyoming triumphs. $1.60: Idaho russets. $1.60 ©1.75: slightly decayed. $1.50.

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. $3.75. West Virginia—Lump. $5.50; egg, $5.25. Kentucky—Egg. $5.25.

In the Cotton Markets

—Oct. 4 CHICAGO High. Low. Close. January 10.05 9.94 10.05 March 10.24 10.11 10.24 May 10.40 10.25 10.38 October 9.68 December 10.03 9.84 9.97 NEW YORK January 10.00 9.83 9.92 March 10.19 10.00 10.11 May 10.32 10.16 10.28 July 10.47 10.34 10.43 October 9.65 9.53 9.65 December 9.94 9.75 9.87 NEW ORLEANS January 9.95 9.88 9.93 March 10 14 9.97 10 09 Mav 10.26 10.15 10.26 July 10.42 10.28 10.40 October 9.62 9.52 9.62 December 9.87 9.69 9.84 Murder Suspect Is Nabbed George S. Franklin, 42, Negro, suspected by police of being the man wanted in Nashville, Tenn., on a murder charge, was arrested last night. He is held on a vagrancy charge under high bond pending word from Nashville police.

went about. In Boston he had baked beans and for dessert Washington pie, which consists of sponge cake, with jelly in between and powdered sugar on top. Next going to Philadelphia, the traveler sampled Philadelphia scrapple, but there was no dessert tJTHcaI of the Quaker City, so the Englishman asked for Washington pie. The waiters conferred, and finally one brought the guest a piece of dark cake, chocolate inside and out. The Britisher protested. “That's not Washington pie.” Pardon me,” replied the waiter, “You must be a foreigner. We have two Washingtons, George and Booker T.”

HEAVY PORKERS SHOW 5-CENT LOSS ATYARDS Cattle Slow With Few Good Steers and Heifers Steady. Most hog classes were 5 cents lower this morning, underweights excepted, at the city yards. Light kinds held steady with the previous range. Weights of 160 to 260 pounds sold for $5.20 to $5 30; 260 to 290 pounds, $4.95 to $5.15; 290 pounds up, $4.55 to $4.85; 130 to 160 pounds, $4.60 to $5.10; 100 to 130 pounds, ! $3.85 to $4.35. Receipts were estimated at 6,000. Holdovers were 416. Trade in general was slow in the cattle market, a few good steers and heifers steady at $6 to $6.35. Undertone on other classes was weak with a lower trend. Receipts were 800. Vealers were 50 cents higher at $7.50 down. Calf receipts were 600. Little change was noted in the sheep market, lambs holding around steady. Ewe and wethers sold for $6.75 to $7. Bucks brought $6 down. Common throwouts sold down to $3. Receipts w’ere 1,200. Asking was firm on hogs at Chicago, with initial bids around 10 to 15 cents lower than yesterday's average at $5.25 down. Early top held at $5.25. Reecipts were estimated at 21,000, including 8,000 directs; holdovers, 2,000. Cattle reecipts numbered 6,000; calves, 1,500; market fully steady. Sheep receipts, 15,000; market weak. HOGS Sept. Bulk. Top. Receipts. 28. $5,154) 5.20 $5 25 12,000 29. 4.80*3 4 95 5.05 11.000 30. 5.00® 5.10 5.10 1,000 Oct. 2. 5.15® 5.30 5.30 4,000 3. 5.45*3 5.50 5.50 6,000 4. 5.25*3 5.40 5.40 6,500 5. 5.20® 5.30 5.30 6,000 Market, lower. (140-160) Good and choice....s 4.85® 5.10 —Light Weights—-(l6o-1801 Good and choice.... 5.30 (180-2001 Good and choice 5.30 —Medium Weights—-(2oo-2201 Good and choice.... 5.35 1220-250) Good and choice.... 5.30® 5.35 —Heavy Weights—-(2so-2901 Good and choice.... 4.85® 5,20 (290-3501 Good and choice.... 4.65® 4.85 —Packing Sows—(3so down) Good 3.85@ 4,25 (350 up i Good 3.75® 4.10 (All weights) medium 3.50® 3.85 —Slaughter Pigs—-(loo-130) Good and choice.... 3.85@ 4.35 CATTLE Receipts, 800; market, steady. (1,050-1,100) Good and choice $ 5.25® 6.75 Common and medium 3.25® 5.25 (1,100-1,500) Good and choice 5.50® 6.75 Common and medium 4.25® 5.50 —Heifers—-(so-750) — Good and choice so® 6.50 Common and medium 3.00®5.50 (750-900) Good and choice 4.75@ 6.25 Common and medium 2.75® 4.75 —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, higher. Good and choice $ 7.00® 7.50 Medium 4.50® 6.50 Cull and common 3.00® 4.50 —Calves—-(2so-500) Good and choice 4.00® 5.50 Common and medium 2.00® 4.00 —Feeder and Stocker Catttle—-(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—(9o lbs. down) good & choice $ 6.00® 7.00 (90 lbs. down) com. and med. 3.00® 700 _ . —Ewes— Good and choice i 75® 2 75 Common and medium I.oo® L 75 Other Livestock BV UNITED PRESS EAST ST. LOUIS. Oct. s.—Hogs—Receipts. (.300; including 200 tnrougnmarket, opened steady with average Wednesday; top, $5.35; pulk. 170-240 lbs $5.20® 5.30; no heavies sola; 140-160 lbs $4.75® 5.25; 110-130 lbs.. s4® 4.50; sows mostly [email protected]. Cattle—Receipts. 3,300; calves. 1,200; market, slow on steers with indications steady on light steers and weak to lower on others; mixed vearlings and heifers very uneven at the week's slow decline; cows, about steady; bulls, weak; vealers. unchanged; a few mixed yearlings and heifers. $4.25®5.50; cows. $2.10® 2k 75 v>l ow cutt ers. $l@ 5 /ai.so; sausage bulls. $2*0,2.60; practical vealer top. $6.75 Slaughter steers. 550-1.100 lbs..; $3; good and choice. $5.25®6.50; common and medium. $3®5.50; 1.100-1.500 lbs., choice S6 ®6.50; good. $5.25@6: medium. $3.75®5.25. Sheep—Receipts. 1,500; market, opened steady to small killers; desirable lambs. $6.50; indications about steady on others; lambs, 90 lbs. down, good and choice. $5.75 @6.75: common and medium. $3.50®6; yearling wethers. 90-110 lbs., good and choice. s4*a 5; ewes. 90-150 lbs., good and choice. [email protected]; all weights, common and medium. SI @2. LAFAYETTE, Oct. s.—Hog—Market, steady to 5c lower; 200-250 lbs., $5.10® 5.20; 250-270 lbs., $4.90® 5; 270-290 lbs., [email protected]; 290-325 lbs., $4.50®4.60; 150200 lbs., $4.85®5.10; 130-150 lbs., $4.35® 4.60; 100-130 lbs., $3.60®4.10; roughs, $4.25 down. Top calves, $6.50. Top lambs, $6. EAST BUFFALO. Oct. s.—Hogs—On sale. 800; dependable trade, 10® 15c under Wednesday s average; bplk desirable 150210 lbs., $5.75; few $5.85; medium weights and plainer quality, [email protected]; 140-160 lbs., $5.25® 5.6 U; pigs round $5. Cattle— Receipts, 1OO; holdovers, 100; practically nothing done on grass steers and heifers, cows barely steady; cutter grades, $1.50®. 2.25; calves, receipts, 150; vealers unchanged; good to choice, $7.50 to largely. $8; common and medium, [email protected]. Sheep—Receipts, 800; better grades lambs, 10@15C' lower; sorts and improved quality considered, good to choice ewes and wethers, $7.25® (.60; medium kinds and fat bucks, [email protected]; throwouts, [email protected]. FT. WAYNE, Oct. s.—Hogs—Steady, 5c off; 200-225 lbs., $5.25; 225-250 lbs., $5.10; 250-275 lbs., $5; 275-300 lbs.. $4.85; 300350 lbs., $4.60; 160-200 lbs., $5.15; 150160 lbs., $4.90; 140-150 lbs., $4.65; 130-140 lbs.. $4.40; 100-130 lbs., $3.75® 4; roughs, $3.50; stags, $2.25, calves, $7 down; lambs, $6.50 down. PITTSBURGH, Oct. s.—Hogs—Receipts, 1,700; open 15c lower on 160-220 los.. at $5.75 top; bulk. $5.60®5.75; 220-250 lbs., $5.50® 5.75; 250-300 lbs., ss® 5.50; 300 lbs., up $4.25@5; 125-140 lbs., $4.75® 5.25; pigs, $4.25® 4.75; sows steady at mostly $4.25. Cattle Receipts, 100; nominal. Calves F,eceipts, 100; fully steady; top vealers. $8; medium, s6® 7; cull and common, s3®s. Sheep—Receipts. 2.000 ; 25c lower on choice sorted lambs; top and bulk, $7.25; medium, $4 50® 5.25; culls down to $2.50; old wethers weak, quotably $3 down; ewes, [email protected]; buck lambs, $6.25. Cleveland, Oct. s.—Cattle—Receipts. 200; market slow and dull; steers ranging between $3 75® 7, according to weights and frades; common to good heifers, $3.25 U .50; good cows. $3 25® 3.75; bulls, *2.25® 3.25. Calves Receipts, 300; market steady in brisk trading: choice to price. sß® 8.50; choice to good, s7® 8: common. s3® 3.50. Sheep—Receipts, 1,800; market off 25 cents to $7.25 top; eastern demand is limited; choice wethers, $2.50® 3.25choice spring lambs. s7® 7.25; common and cull, s3®s. Hogs—Receipts, 900; market 10c lower with trade slow on the decline: I heavies. [email protected]; choice butchers, $5.15® j 5.50: light butchers and choice yorkers, I $5.50; stags, s2® 2.25; roughs, $3.25; pigs. $4§4.50. : By Timet Special x .LOUISVILLE. Oct, s.—Cattle—Receipts. 200; market, dull on all grassy slaughter cattle with some weakness on light fleshed steers, recently selling on feeder account: most common to medium grass steers and heifers salable. *2.75®3.75: only few better fleshed offerings eligible to $4: well finished drvfed sters and heifers. Quotable from $4.50®5.50 or better: bulk all cows. [email protected]: bulls, mostly $2.75 down, most Stockers and feeders salable. $2 50® 3.50: desirable Hereford stock calves eligible to $4.75 or better. Calves—Recelts. 275; 50c higher: bulk better vealers. $5 50®6: most medium and lower grades. $4 50 down. Hogs—Receipts. 600: lc lower: 180-235 lbs . $5 35; 240-275 lbs $4 90: 280 lbs. up. $4.65: 140-175 lbs . $4 55: 135 lbs. down. $2.85: sows, $3.50; stags. $2 45. Sheep—Receipts, 150: steadv: bulk beter lambs mostly $6 ®6 50: choice kinds to $7: most bucks. $5 ®5.50: throwouts. $3 50® 4: fat ewes. $ I®2; stock ewes. s6@7 er head. Receipts Wednesday: Catle. 285: calves 175: hogs, 877. and sheep. 297. Shipments Wednesday: Cattle. 110; calves. 147. and sheep 274. NEW YORK RAW SUGAR FUTURES —Oct. 4 High. Low. Close. | January 1.48 146 1.48 March 1 54 1 51 1.53 • May 1.59 1.58 1.57 July 1.63 1 62 1.63 - September 1.87 1.68 1.67 1 December v 1.49 1.45 1.47

Commodity Dollar Gains Support as Means to Stabilize U. S. Currency Senator Thomas Halts His Campaign for Greenback Issue, Backs President for Regulated Money Mart. BY FORREST DAVIS Times Special Writer WASHINGTON, Oct. s.—The Honorable Elmer Thomas, tall cottonwood of the Oklahoma plains, bogey of the "second money" men, stands for. nay, demands a managed currency. In his newest manifestation Senator Thomas, the ‘‘big. bad wolf’ amongst greenbackers. supports what increasingly is being known hereabouts as a commodity dollar. So, likewise, do influential members of President Roose”elts monetary “brain trust." No vista in the vivid spectacle of the government’s mighty labors for recovery, best observable in Washington these crisp autumn days, is more beguiling than the gradual harmonizing of currency points of view toward a median. That middle point, it appears, is the commodity dollar—the concept of a dollar stabilized as to purchasing power by manipulation either of gold content or credit.

The inflationist lion seemingly is about to lie down with the “sound money” lamb under Professor Irving Fisher's statistical, expansible dollar sign. Commodity Dollar In informed circles the conviction grows that the administration attempts, through the loosely named credit campaign, to arrive at a satisfactory commodity-dollar relationship—and there stabilize the dollar in terms of gold. If that is true we are on the way, barring setbacks, to a commodity dollar. Read in that light, the government's whole effort to improve prices—or wages through NRA, of farm prices through AAA—in all its wideflung area is an attempt to establish the principle of the commodity dollar for which, in this country, Professor Irving Fisher, Professor James Harvey Rogers, Professor Wilfred I. King, to name only a few economists, have hotly contended. The fact—if it is a fact—has not widely been recognized in Washington. When mentioned, the commodity dollar is treated as a monetary formula which may, or may not, be adopted at a future, time; not as a method already in being. I incline to the view that the government already is committed to the principle and is pursuing it in action. Brings an Armistice Senator Thomas, in all essentials and whether he would so label himself, subscribes to the Fisher dogma. Whether he had been converted before the President announced the credit campaign last week I do not know. The chronological fact is that the announcement brought an immediate armistice from Senator Thomas. No more talk of printing three billions in treasury notes. He would, said the senator, be content for the moment to leave the “depression baby on the doorstep of the money changers." Which was a picturesque, shrewdly political way of saying that the senator would await the result cf the credit campaign and other factors on the farm price index. The Oklahoman, in strict fact, has adopted a more co-operative attitude than his statement declaring the truce implied. He is ready now to go along with the President if the President merely will announce his determination to advance farm prices to the 1926 price range—sl to $1.25 for wheat, 15 to 26 cents for cotton. Refers to Speculators He is indifferent as to the government’s method, whether by the conventional open-market purchase of government bonds from the Federal Reserve Bank or by more novel credit inflationary steps. “The President’s announcement would be enough,” the senator holds. “Prices would seek that level; the speculators would see to that.” Senator Thomas proclaims himself a conservative. He has no quarrel with the commodity speculators. They fix, in his opinion, prices; prevent demoralization and

Kindly Voice Is Stilled Andrew Teague, County Marriage License Clerk, Know r n to Hundreds Here, Is Dead. NO longer will prospective brides and bridegrooms receive a smiling benediction from a white-haired old man in the country clerk's office. A kindly voice has been stilled with the death of Andrew Frank Teague, 75, of 1015 Hervey street, marriage license clerk In the office of County Clerk Glenn B. Ralston.

Every Marion county couple obtaining a license since 1931 will remember Mr. Teague. No matter how busy the day, Mr. Teague had a routine which he followed before handing over the license. Sometimes banteringly, but always kindly, Mr. Teague’s manner dispelled the nervousness of the lovers, who finally came to his counter after spending many minutes in giggling, whispered conversations while filling out the applications. Occasionally,* there were words of advice on making a success of matrimony, or on starting housekeeping, or budgets, or the hundreds of other matters over which newlyweds-to-be ponder. If desired, Mr. Teague would enter willingly into a conspiracy for ‘‘keeping the license out of the papers,” if he felt it was justified. But he never “held out” on the newspaper reporters. The temporarily suppressed license would be revealed, with a personal request that it be passed by, if possible. Mr. Teague had been ill for a week. He was retired more than ten years ago from the railway mail service and had lived about forty-five years in this city. He is survived by three sons, Warren S. Teague, with whom he made his home; O. L. Teague and H. J. Teague, all of Indianapolis. Funeral services will be held at 2 Thursday at the home. Burial will be in Crown Hill. In the Air Weather conditions at 9 a. m.: North-northeast wind. 14 miles an hour; temperature, 51; barometric pressure, 30.06 at sea level; general conditions, clear; smoky over city; ceiling, unlimited; visibility, 20 miles. NEW IfORK COFFEE FITCHES —Oct 4 SANTOS High Low Close January ... 8.40 March 8.53 8 48 8 48 May 8 57 8 52 8 5" July 8 65 8 83 8 63 September ... 8 83 December 8 42 8.38 8.38 RIO March 6 06 6.05 6.05 May 6 12 July ... 6.18 September , a . 634 December y... 5.94

a chaotic economy amongst the basic-crop producers. His dispute lies with the “gold bugs,” the "bondholding class,” who stand in the way of return to what he conceives to be an “honest dollar." Tall, silver-maned, quiet-spoken, austere with the convinced, unwavering austerity of a fundamentalist pastor or a nineteenth century New England money-lender, the senator may alter his technique but not his objective. What he favors now is restoration of the 1920 price level—by any means at the President’s hand—and thereafter the dollar to be “so regulated as to maintain such level.” He would operate there by credit manipulation. Wants Powers to Agree And only when the dollar has been stabilized in terms of the 1926 index would he revalue it in terms of gold. Nor would he revalue without an agreement among all the powers. He would not return to the gold standard unless Great Britain, for example, with its powerful influence on the so-called “sterling bloc" of forty-odd countries was willing to negotiate a corresponding and simultaneous stabilization. “The adjustment of our money,” said the senator, “is a domestic problem.” But the problem of again anchoring it to a fixed gold status he deems international. In so far as one may analyze the government's monetary policy in the absence of a definite statement, surprising agreement is found with the Thomas formula. The President has resisted terrific pressure, unless I am misinformed, to revalue the dollar in a swift, unprecedented gesture at, say its present parity of 65 cents. He has been assured that he must define his attitude at once in order to restore confidence in the capital market as well as to reassure merchants, manufacturers and bankers so they may proceed with future contracts. The country, advisers reason, has derived all the benefit it may from the stimulating prospect of inflation. Any firm position would, they say, be better than none. Roosevelt May Speak In the face of this, the administration bends every effort toward lifting prices in terms of the dollar. If it were openly committed to a commodity dollar basis the government would not be acting otherwise than at present. The impression spreads that Mr. Roosevelt may utilize the ramo soon for a third accounting to the people, making clear his policy toward the confused monetary problem. Assuming that he follows his usual practice of complete candor, the country then will be able to determine whether we are headed for a commodity —manifestly acceptable to Senator Thomas and his greenbackers—or to an arbitrarily revalued gold dollar. The best guess at the moment is that we shan’t revalue pending further manipulations.

UNITY SCHOOL WIL GIVE LECTURE SERIES Kansas City Woman Chief Speaker on Program at Center. The Unity School of Christianity, in co-operation with Indianapolis United Truth Center and under the direction of the Rev. Muriel G. Powell, invites the public to attend a series of lectures given by Mr. H. B. Jeffery, Unity lecturer and instructor in the Unity Training School of Kansas City, Mo. The lectures, which will be held at Unity Truth Center, 417 Kresge building starting next Sunday night at 8, are as follows: Sunday at 8 p. m., “Prayer;” Monday at 2 p. m., “Faith;” Monday at 8 p. m., “Healing;” Tuesday at 8 p. m. ‘.Ride Prosperously;” Wednesday, 8 p. m., “Thou Shalt Not Want.” These lectures are open to the public and are free. Other Livestock BI UNITED TRESS CHICAGO. Oct. s—Hogs— Receipts, 21 - 000: direct.', 8.000: slow, unevenly 12 to 25 cents lower than Wednesday's average. 140-240 lbs., $54/5.25; top *5 25: 250-350 lbs.. $4 254/5; commercial pigs, *44/5- packing sows. $3,404/4; light lights, 140-160 lbs. good and choice, *4.85©535; light weight' 160-200 lbs., good and choice, *54/ 5 25; medium weights, 200-250 lbs., good and choice. $54/5 25; heavy weights. 250-350 lbs., good and choice. *4.154/5.10; packing sows, 275-550 lbs , medium and choice S3 10 4/4.15: slaughter pigs, 100-130 lbs., good and choice. $3.7565. Cattle—Receipts, 6.000: calves. 1.500; slow steady in light steers and yearlings; better action from in-between grades weighty kinds; nothing strictly choice here; shipper demand less active; several loads ol yearling steers. $6 254/6 60. mostly 54.504z5.75: slaughter cattle and vealers: steers. 550-900 ibs good and cohice. *6.254/6 60; 900-1,100 lbs ' good and choice, *5.258 6 75: 1,100-1,300 lbs., good and choice, *5 254(6 85: 1 300I. lbs, good and choice. *5.254/6 90: hellers. 550-750 lbs, good and choice *4 754/6 40; common and medium. *2.758 4 75; cows good, *34/4.25; common and medium. *1.854/3; low cutter and cutter, *1 25 "S1 85: bulls excluded. good .beef., *34/3 75; cutter common and medium. *26 3; vealers. good and choice. *5 50477; medium, *4.504/5 50; cull and common, *3 50414 50: stocker and feeder cattle: steers, 550-1.050 ibs, good and choice. *44/5; common and medium, *2.50 4/4. Sheep—Reeclpts, 15.000. fat lambs undertone strong to 25c higher; desirable natives. *6.754/ 7; native tnrowouts, *4Ji 4.75; sheep steady; feeding lambs, firm; slaughter sheep and lambs 90 lbs. down, good and choice. *6417 25: common and medium. *466 25. ewes. 90-150 lbs, good and choice, *1 504/260 all weights, common and medium, 75c6t>; feeding lambs, 50-75 lbs, good and chotoe, *SB 6 50.

PAGE 17

GRAIN FUTURES EASE DOWN IN LIGHT SESSION Slump Due to Failure of * President to Clarify Money Stand. BY HERMAN W. NICHOLS I’nited Pre** SVffT Correspondent CHICAGO. Oct. s—Failure of the President to expound his monetary policy in last night's speech sent grains down slightly at midmorning today. Wheat was off % to \ cent, com was off % to % cent. May and December at the season's lows, and oats was off % cent. Routine news was ignored and ! trading was light. Liverpool was % to % cent lower. Receipts included 15 cars and the vash price was unchanged. Corn followed wheat down and ! there was little in the news to attract attention. At the extreme during the morning. December and May corn were at the season's lows. Booked to arrive this morning were 100,000 bushels. The receipts were 254 cars and the cash price was un- | changed. At the opening oats were un- | changed to fractionally higher but soon dropped off slightly in sympathy with the other grains. Receipts were 25 cars and the cash j price was unchanged. Chicago Primary Receipts —Oct. 4 - Bushels— Todav Last week Wheat 726.000 792.000 ! Corn 1.128 000 1.295.000 Oats 370.00 233,00 Chicago Futures Range - Oct. S—WHEAT— prev. High. Low. 10 30. close ! Dec 90 St .89% .89% .90% May 94 93% 94 .94% I July 93*4 .92% 92% .93% | CORN—i Dec ,47‘/ .46% .46% .47% May .53% .53% .53% 53% i July 55% .55% .55% .56% OATS— Dec 38% .37% .37% .38% May 41% .41 *2 41% 41% July 39% .39 .39 .39% Dec 68% .69 .69 .69*4 MOV 76*4 .75% .75% .75% BARLEY— Dec 56% .56% May 61% 61% .61% .62 Indianapolis Cash Grain —Oct. 4 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- Strong; No 1 red. 80® 81c; No. 2 red. 79@80c; No 2 hard. 79®80c. Corn—Weak; No. 2 white 40® 41c; No. 3 white. 39@40c; No 2 yellow 37® 38c; No. 3 yellow, 36® 37c: No 2 mixed. 36® 37c; No. 3 mixed. 35® 36c. Oats —Steady; No 2 white 30%®31%c; No 2 white. 29%®30%c. Hay—Steady. (F o 'b country points taking 23 %c or less rates to Cincinnati or Louisville I. No. 1 timothy, $6W6.50; No. 2 timothy. $5.50® 6 Inspections: Wheat—No. 1 red, 3 cars; No 2 red, 2 cars; No. 1 hard, 2 cars. No 2 hard, 1 car; total. 7 cars. Corn—No 1 white. 1 car: No. 2 white. 7 cars; No 3 white. 5 cars; sample white. 1 car; No. 2 yellow, 2 cars; No. 3 yellow, 3 cars; No. 4 yellow, 9 cars; No. 5 yellow. 2 cars; No 6 yellow', 2 cars; total. 31 ears. Oats—No. 2 white. 1 car; total, 1 car. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 78 cent* for No. 2 sort red wneat. otner grades on their merits. Births Girls Clarence and Lenora Bramson. 1821 West Morris. George and Anna Fredrick. 1102 North Miiev. Clarence and Clara Stevens. 1306 Olive. Paul and Helen Kleppee. 231 Terrace William and Betty Fletcher. Ooleman hospital. Raymond and Pearl Schloesser. Coleman hospital. Carl and Gladys Mitchell. 535 Jcnes James and Margaret Christie. Methodist hospital. Robert and Bernice Dillehay. Methodist hospital. Russell and Elizabeth Kirk. Methodist hospital. John and Jeanette Marshino, Methodist hospital. Earl and Frances McClarnon, Methodist hospital. Harold and Dorothy Schierbaum. 1709 Lockwood. Donnes and Louise Allen. Methodist hospital. Merle and Julia Carr. Methodist hospital. Lawrence and Caroline Burns. 902 South William and Katherine Griffin. 115 West Norwood. Bov* Harold and Mildred Broeking. 722 North DeQuincy. Mark and Mabel Blacklidge, Coleman hospital. George and Myrtle Litteral. Coleman hospital. Harley and Goldie Meyers, Coleman, hospital. Edward and Hazel Tangman, Coleman hospital. Cecil and Ruby Wyant, Coleman hospital. Carl and Helen Davis. 2051 Roosevelt. Herman and Lene Schaefer, Methodist hospital. Reginald and Helen Garstang, Methodist hospital. Omer and Neva Moore, Methodist hospital. Horace and Letta Shonle, Methodist hospital. Irving and Mildred Fauvre, Methodist hospital. Otto and Marguerite Fisher, Methodist hospital. McKinley and Florence Brummett, 2703 North Sherman drive. Allen and Zora Polsal, 537 Bell Guss and La Verne Vernick, 801 East Lincoln. Harry and Janie Humphrey, 1041 West Twenty-seventh. Isaac and Reba Brooks. 921 Coffey. Orville and Maggie Smith. 1857 South East. Deaths Gertrude Emellne Abie, 32. Coleman hospital. peritonitis. Mary Elizabeth Howard. 42. East Twen-ty-first and Audubon road carcinoma Kathryn Grace Nance, 3 mos., Riley hospital, broncho pneumonia Fred D Beck. 62 3857 North Pennsylvania angina pectoris. Andrew Frank Teague, 75, 1015 Hervev. diabetes mellitus. Beulah Bowles. 33, St. Vincent's hospital, general peritonitis. Ida Frances Hoffman. 53, 1939 Central, chronic myocarditis. Thomas Nelson. 55. Central Indiana hospital, hypostatic pneumonia Roswell H. Lilley. 88, 309 Cable, acute myocarditis. Emma 8. Dunnuek, 61. 1515 Howard, cerebral hemorrhage James Young, 60. 918 North West, broncho pneumonia. Plumbing Permits C. A Johnson. 2220 West Michigan, three fixtures A E Waltz. 2725 East Washington, five fixtures. B. A. Wilson. 360 South Sherman, four fixtures. A. T. T£tum. 1037 Oliver, three fixtures. Frank Roell. 2529 Webb, two fixtures The Basset Company, on south side Belt between Madison and Pennsylvania, seven fixtures. Wm. Steck. 1328 North Delaware (rear), four fixtures. E. M. Hardin. 3001 Massachusetts, two fixtures Sloan-Barker. 425-27 West Hamilton, eight fixtures L V. Miokesell. SOBO Pleasant R*n Blvd three fixtures Beinburg. 361 Indiana, four fixtures. U. S. Government Bonds Federal Land Bank Bonds Indiana Municipal Bonds T. P. Burke & Cos. Incorporated SUITE 217-221 CIRCLE TOffES PHONE RILEY 8536

Life Insurance and Annuities LEE B. SMITH Mstssehasetts Mutual Lite Ins. C*. 300 Continental Bank Buildlnf