Indianapolis Times, Volume 45, Number 127, Indianapolis, Marion County, 6 October 1933 — Page 32

PAGE 32

Wall Street NRA Program Now Looked Upon as Reasonably LongTerm Proposition: Progress Is Noted. By RALPH HEN'DERSHOT Tirr.fi Special Financial Writer

Put forward as an pmergencv measure. it is now becoming increasing- ; ly obvious that the NRA program is being looked upon as a reasonably long-term proposition. Even President Roosevelt called upon the people I of this country to have patience in their attitude toward the experiment in his Chicago speech on Monday, pointing out that the administration's plans can not be attained in six months. The spurt in business following the reopening of the banks last March and the advance in commodity and ecurity prices was bound to stimulate hope of a quick revival in trade When to this was added full speed ahead on the part of the administration m perfecting an organiza-

tion to help take seme of the knots out of industrial operations it was not surprising that most people became rather overoptimistic. But, despite the setback witnessed during the last two months, it must be borne in mind that trade activity still is well ahead of what it was at the bottom of the depression. Most of our leading authorities are agreed that definite progress has been made under the NRA. and they are looking forward to a resumption of the uptrend within the next few weeks. BBS The Money Policy The failure of the administration to make a definite statement on the future money policy of the country quite naturally is retarding business. It is impossible under existing conditions to plan operations in advance. Bankers also are handicapped in their loan policies. But it should be remembered that it is no easy

Ralph Hendershot

task to decide what policy to pursue when it is not known what other world powers have in mind in that respect. The needs of the nation six months or a year in advance can not be told at this time, and the greatest confidence should result from the fact that the President is taking his time in coming to a decision. If President Roosevelt were to announce today that the dollar is to be revalued at half its old value in gold and that we were going back j on the gold standard in the immediate future business probably would spurt ahead in great fashion. But six months from now it might be found that the basis of revaluation had been too high or too low and ! that the ills of the country could not be corrected on such a basis. The j ideas of most people on the proper money policy have changed dras- I tically during the last six months, and there is no certainty that they will not change fully as much during the next six months, so it may be Just as well to take it easy for a while yet. u b a Another Nut to Crack Brokers whp find diversion in digging up financial conundrums are I wondering how the government expects the National Distillers' Products 1 Corporation Jo (J educt the 5 per cent dividend tax on the distribution of ! whisky certifitaties to be made Oct. 16.

New York Stocks ■ - 1 ,By Abbott. Hoppln As Co,’

—Ot|t. -- Prev. Oil.- High.. Low. 10 30. close. Amerada " ii . " Atl Rfg ■■ -' s 2 2 Z,* Barnsdai! . 13%> 13H 13 ® * Consol Oil 17 * J2 3 8 Cont of Del ... 4 Houston inew > • ■ . .2," Mid Cont Pet * 2 ' . 12 , 4 Ohio Oil 16 I^," Phillips Pe* 16 ! 2 16 'S’. 4 J 5 j Pure Oil J? 4 Royal Dutch 3a w i Sbd Oil ‘•I 47 2 Shell Union •••, ■; Sor Vac 12' 12. 12. U 2 8O Os Cal. . 42% 42% 42% 42% SO of Kan •• • ••. 32 ; SOOf N J 414-2, 41% 41% 41% ] Sun OU • 4 Z, | Texas Corp • • • fl, 8 fZ. 8 Tidewater Assn . ■ 1?*, 7 2 8 Un Oil of Cal ... 21%J 21% 21% 20% ; Am*Roll - Mills .. .. 'i*... 13'. 1 9J 4 Beth Steel 14 2 Bvers AM U• ■ • •,, 27 | Col Fuel At Iron .. , . 6% 6% Crc Steel fj , Ludlum Steel ... l*" McKeesport Tin. .. ... ;*> Natl Steel f?’ 4 Rep Iron A: Stl 14% 14% U S Smelt 102% 101% 102% 102 Vanadium 22% Midland 13 U S Pipe At Fdy .. . 14% U S Steel 47%. 46*. 4.'. 46*.: U S Steel pfd 82 82 V* ; Younestn SAT.. t... ••• 22 Rails— ... ... ! Atchison . ... .. > ... 51% 54% Atl Coast Line .. 3n B* O 27% 27% 27% 27% j Can Par . . 13% 13% 13*, 13*, Ch At Ohio 42% 42*2 Chi At Gt W 3*2 C M ft SI P. ■ •• 4*. ... 6*. 6% C M ft St P pfd .. I 9% Chi N W ’..1 9% Chi R Isl (;• ... . . 4% ' Dela A: Hud J ‘ ... 64 63*, j Erie i .. I . ... 17 16>, j Great Nor pfd . 4 .. •; • 20% 111 Central • ... 31 31% K C Sou .. * ... . 12 ! Lou A: Nash 43*2 . 43% M K A- T 9% I Mo Pac pfd . ... 6' I N Y Cent 39% 39 3P% 39 N Y Chu i’SLp . . . . . 21 % . N Y New Haven 19 19 N Y Ont At West 10% 1 Norfolk A West .. 150 i Nor Pac 23% ; Penn R R 30 Reading . . ... . . 44 1 2 1 Sou Pac 23% 23% 23% 23 Sou R R . . 26% 26 Union Pac 112*2 113*, i Wabash ... 3 W Maryland 10% i Motors— Auburn ... 48 48 Chrysler 44*, 44% 44% 44% Gen Motors . ... 30% 30% 30% 30% Graham Mot ... . 2% Hudson .. . 11% 12 Hupp 4% 4% 4% 5 Nash ... 21 21 % ! Packard . . 4 3*, Rea 3 Studcbakcr ... . . 5% Yellow Truck 5 Motor Access — Bendix . 15% 15% Bohn Alum 44% 43*, 44% 43% Borg Warner ... ... 15% Briggs 9% : Budd Wheel 4*, Eaton Mfg ... . . 12% Elec Auto Lite.. .. =. 17% Houd Hershey ‘ 3% Murray Body ... s*, 5% Stew Warner ... . 6% Timken Roll ... 27% 27*2 Mining— Alaska Jun 27% 27% 27% 27 Amer Smelt .... 47% 46*, 47% 47% Anaconda 16*2 16*, 16*2 16*, Cal At Hecla ... . 6% Cerro De Pasco.. .. . . 38*, 38% Gt Nor Ore ... 111, Hcmesrake Min . 365 373 Howe Sound 32% 32 32 32% Ins Copper . . 6 Int Nickel . 20% 19% 19% 20% Kennecott Cop. . 22% 22% 22*, 23% Noranda Cop . 36*, 36% Phelps Dodge .. 17*2 17% 17*, 17% Tobaccos— Am Snuff 49% Am Sum Tob 16% Am Tobacco A . .. 83% 82 Am Tobacco B 86 85*, 8 85*2 Gen Cigar 32% . Licg A Myers B . . 96% Lorrillard ... 31% 21 21 20% Revnolds Tob 851 50% 51 50 Equipments— Allis Chalmers 16 s , Am Car A Fdy. .. ... ... 28% Am Loco 32% Am Mach A Fdy 16 Am Steel Fdv ... . . 22 Bald Loco 13% 13*, 13% 13 Burroughs 14% Case J I 70 69 1 2 Cater Tract 14% Congoleum 45 Elec Stor Bat 43 Foster Wheeler 15% Gen Am Tk Car . . 31% 32 Gen Elec 20% 20 20 20% Gen R R Stg 36% Ingsol Rand 56% 56*, Int Bus Mach 135 Int Han ester 38 38% Kelvinator 11’, Nat! Cash Reg 17’, 17*2 Proc A Gambia 42% Pullman Inc .... 50 50% Simmons Bed 22*2 Und Elliot 30 West Air B 29 28*, Westingh Elec .. 37% 37 37% 37 Utilities— Am & For Pwr 10% 10*, Am Pow er & Lit 9 9 A T A T 121 120% Am Wa/ Wks 23 22% Brook Un Gas 65% Col Gas & Elec . 14’, 14% 14% 14% Com A Sou 2*, 2% Consol Gas 42% 41*, 42% 42 Elec Pwr A Lit 7 7 E P A L pfd 13*, Int T A T 13% Lou GAEA 17’, Nat Pwr A Lit 11% 11% North Amer 20 20 Pac G A E 21% 21% Pub Serv N J 37'% 37*2 So Cal Edison 19% 19% Std Gas 11% 11% Std Gas pfd 13 United Corp 6*2 6% Un Gas Imp 16*, Ut Pw r A Lit A’ 4 4 Western Union 56% 56 Rubbers— Firestone 32% 22’, Goodrich 14 Goodvcar 36*, 35% 36*, 35% U S Rubber 17% 17% U S Rub pfd 28 28 Kel Spring 3 Ausement^Crosiev Radio 10 Pox Film 16% Loews Ino 33% Radio Corp 7", 7’, 7’, 7’, RKO 2% Warner Proa t ( Foods— Am Sugar 64*2 Armour A 4% Beatrice Creaga 14 Bordtn Prod 23% 22*, Cal Packing 23 23 Can Dry G Ale. 32 31 % 32 52% Coca Cola ... 91% Cont Bait A .... 13 13 Con Prod ..VC. ft X M% 88 f

Crnt of Wheat .... ... 29% 29% ; Gen Foods ... 35% 35% 1 Gold Dust 21 20% | G W Suear . 41 4040% 40 Hershev . . . 48% 1 Int Sait 24% 24 Natl Biscuit 49% 50% ; Nat! D Prod 15% 15% 11% 15% : Purity Bak . . 16% 1 S Porto Rico Sug 43% 43% 43% 42% i Std Brands . .. .. 25% United Fruit . . 62% 62% 62% 62 1 2 Wrißlev ... ... ... 52 Retail Stores— Asso Dry Goods 15% ; Best Ar Cos ... ... 27% Gimbel Bros ... ... 5 •Hahn Dept Sts.. ... . . 5% ; Jewel Tea ... ... 28% Kreske S S 13 12% Kroger Groc ... ... 22% 22% i Macy R H 56% , Mav Dept 5t...... 29 | Mont Ward 21 21% ' Penny J C 45% Safeway St 42% Sears Roebuck . .. ... 40% 41 Woolworth 39% 39% Aviation— Aviation Corp.. .. ... ... 9% Douglass Air 14 Curtiss Wright ... ... . 2% Curtiss Wri i At,. .. ... 4% s 3 t 1 Nor Amsr A\ . 6% 6% United Aircraft . 33% 33% 33% 33% Chsinii'als^. Air Reduction . 104 103 104 103% Allied Chem 139 137 138% 136% Am Com Alco 62% 61% 62% 60 Col Carbon ... . 54% ) Com Solvents.. 38% 38% 38% 38 ! Dupont 78 77% 78 78 I Freeport Tex 44% 44% Liquid Carb 29% 29 Math Alkali 41 40 ; Tex Gulf Sulph 38% 38% 38% 38 I Union Carbide. 44% 44% 44% 44 U S Indu Alcohol 70% 69% 70% 69 Nat Distil 95% 93% 95% 93% Drugs— Coty Inc ~!■ ! Lambert "1 36% 30% I Lfhn A - Fink ]g ; Zonite Prod _ g7 8 Financial— Adams Exp ! Alleghany Corp *.. '4% 45, j Chesa Corp 39 I Transamerica 6 6% I Tr Conti Corp . 5% ! Building— Am Radiator 1414 14 j Gen Asphalt 17x4 Int Cement ... 23% Johns Mahville. 54% 53% 54% 53 Libby Owens Gls 30% 30% 30% 30 Otis Kiev 15 j Ulen Const [[ 2% Miscellaneous— Am Bank Note 15 Am Can 92 92 Anchor Cap 23% 23% Brklvn Man Tr 32% 31% 32% 30% I Conti Can . ... . . 66% 66 Eastman Kodak 79% 79% Owens Bottle 78% Gillette 131,4 13 | GUdden 15"i 16 , Gotham Silk 9% Indus Rayon .. 74 73% 74 73 ; Real Silk Hose 11% New York Curb (By Abbott, Hoppin & Cos.) —Oct. 5 Close Close. Alum Cos of Am 64%. Lake Shore Mi.. 50 Am Bev 2% Lone Star Gas. 7 Am Cts PLt B 2% Mount Prod . 5 Am Cyan B . 11% Natl Bellas H . 2% ,Am Gs * El . 25 Niag Hud Pwr. . 7% Am Sup Pwr . 3’ : Pan Am Airways 53% Ark Nil Pwr A. 1% Parker Rstprf.. 58 Atlas Ut Crp. .. 13% Pennroad ... . 3% Axton 57% Fioneer Old Mi 11% Can Marconi.. 3% St Regis Paper 3% Cent Sts El . i’j Salt Creek Prod 6 Cities Serv . 2% Std Oil of Ind. 30% Commn Edison. 48 Std Oil of Kv... 16 Cord 9% Stutz 6% Derhv Oil TANARUS% United Found .. 1% El Bnri A- Sh .. 19 United Gas . ... 3% Ford of Eng 6 Un Lt A- P.wr A 3% Ford Mot Can 12% United Verde .. 3% Hudson Bav M 10% Util Pwr & Lt :% Imperial Oil . 12 % Woolworth Lmt 21% Inti Ptrol 19% Wright Hargrave 8% NEW YORK RAW SUGAR FUTURES Oct. 5 High Low Close January 1.45 1.43 1.43 March 1.50 1.47 1.43 Mat 154 1.51 1.53 Julv 1 60 1 58 1 58 September . 165 163 163 December 1.45 1 43 1.44

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

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

JULY AUCUST SEPT. OCT. 10 If 31 7 14 Ft 88 S II 18 25 Z (►7B i MONDAY DATES 1 **"' j 70 I 77 : j 1 i j • ■■!■ s 76 h —j —j — 7 72 -I T7t 1 71 i '1 71 <A 7 o : 70 1 69 + 68 ttriri J rri — —j— ea y6s W— -4- so ks| —ftrWfl ■ i? ,l t |# V \>,i k 62 ! i— far] -- 1 I —-4 6 2 261 ' h-f t M-4+pi si lx 11 —i —H—nty-H 1 -— % 57 | j 57 i 56 • 56 : ” fffiP-I'M 1 • SOO f—\4 —— i ! A.-. - 9 ? L —LLT n..: A i ——l 1 : n W.A. aY__, ? I 700 - Kj- —, gjZ_l U I A/U V-Vs-p £ to ° *-* V/ jV | *1 1 \( \i~i L_—l 4 ' ; 5 500.. -

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. _ l , n _ l ,

.STOCK SHARES DISPLAY WEAK TRADING RANGE fDealings Are Light With Utility Issues Down ' Fractionally.

Average Stock Prices

Average of thirty industrials for Thursday, high 99.34, low 96.95. last 98.05. off .55. Average of twenty rails 42.76. 41.95, 42 11. off 72 Average of t*en;v utilities • 26.82. 25.93, 26.18. off 16. Average of forty bonds 84 06. ud 20. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. 6.—Price changes were narrow at the opening on the Stock Exchange today. A majority made small gains after (yesterday's sell-off, which was caused mainly by profit-taking. Utility shhres were steady to fractionally lowpr. Columbia Gas dipped 'i point to 14’ 2 on a block of 2.000 shares. Small losses were noted in Consolidated Gas and a few others, while Public Sendee Corporation. North American and United Corporation were unchanged. Dome Mines featured the opening with a block of fkOOO shares at 39. up % from the previous close. Other gold mining issues were up fractionally. Wett stocks held around the previous close, as did mercantile issues and oils. American Telephone firmed up % point to 121. American Can was unchanged at 92, and U. S. Steel at 46%, off During the early trading dealings were light. Steel held around the opening. Copper shares slipped off, railroad shares were mixed, with Union Pacific off 1% at 112*2 and Atchison unchanged at 54%. Wet stocks firmed up from the initial levels which in several instances were at yesterday's closing levels.

Bank Clearings

INDIANAPOLIS STATEMENT —Oct. 6 Clearings . $2.35(0.000.00 Debits 5.516.000.00 TREASURY STATEMENT —Oct. 6 Net balance for Oct. 4 $1,1471971.115.27 Misc. Int Rev. Rec for day 14,415.030.77 Custom rec. month to date 3(421,959.51

Foreign Exchange

By Abbot. Hoppin & Cos. —Oct. 5 Close Sterling. England $4.75 Franc. France . . .0605% Lira. Italv 0810 Belgas. Belgium! 2155 Mark. Germany 3660 Guilder. Holland) 6230 Peseta. Spain .J 1923 Krone. Norway , .2390 Krone. Denmark\ 2125

Federal Farm Loan Bonds

(By Blyth & Cos.. Inc.) Okt. 5 Bid. Ask. 4s • Noy. 1. 1957-37 86 87 4s Mav 1. 1958-38 86 87 4%s July 1. 1956-36 87 87% 4'. t s Jan. 1. 1957-37 87 87% 4%s May 1. 1957-37 87 87% 4%s Nov. 1. 1958-38 87 87% 41,2s Dec. 1. 1933-32 100 100% 4%s Mav 1. 1942-32 92% 93 4%s Jan. 1, 1943-33 92% 93 4%s Jan. 1, 1953-33 90 yl 4%s July 1. 1933-33 90 91 4%s Jan. 1. 1955-35 90 91 4%s July 1, 1955-35 90 91 4%s Jan 1. 1956-36 90 91 4%s July 1. 1953-33 92% 93 4%s Jan. 1. 1934-34 92% 93 4%s July 1. 1934-34 92% 93 5s May 1. 1931-31 97% 98 5s Nov. 1, 1941-31 97% 98 Home Loan 4s. July 1. 1951 .. 86% 87%

Daily Price Index

Ry United Pregit NEW YORK. Oct. s—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 average. 100) Today 100.63 Wednesday 101.40 Week ago 101.67 Month ago 100.60 Year ago . 77.83 1933 high (July 18l 113.52 1933 low (Jan. 201 67 86 (Copyright. 1933, by Dun & Bradstreet. Inc.l

Retail Coal Prices

The following prices represent quotaI tions 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; ege. $5; mine run. $4.75 C'oke (carload lots)—Egg. nut. $7; pea sizes. $5.25. Semi-Smokeless—Lump. $7.25. Retail Steam Price* 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. Plumbing Permits 1 A Bremer, 1402-04 St. Peter; four fixtures. 1 Ritter Avenue Plumbing Company. 2815 East Tenth: three fixtures. Fred Schiffman. 4101 East Michigan: one fixture McCan-Fox, Illinois street and West- ' field boulevard; two fixtures.

Int’l. Harvester • Johns-Manville Nat. Biscuit Pub. S. of N. J. Sears Roebuck Stand, of N. J. Un. Aircraft U. S. Steel Union Pacific Westinghouse

THE INDIANAPOLIS TIMES

Chicago Stocks 1 " By Abbott. Hopoln & Cos. —Oct. 5 (Total Sales, 28 000 Bhares>. High. Low. Close Acme Steel Cos . 27 Asbestos Mfg 4 3% 4 Assoc Tele Util % Assoc Tel Utii A pfd ... ... % Assoc Tel Util 7' r pfd ... ... % Bastian-Blessing . s’ Bendix Aviation 16% 15% 15% Berghoff Brew Cos 11 10% 10% Sinks Mfg 2% 2 2 Borg-Warner 16% 15% 15% Butler Bros 3% Cent 111 Pub Serv pfd 23 Cent & So West 1% Chi Ac North West 10 9% 9 * Chicago Corp Com .. . 2% 2% 2% Chicago Corp Pfd . 25 24 24% Chicago Flexible Shaft ... 10% Chicago Mail Order . 12% 12% 12% Chiacgo Yellow Cab. . 12% 12% 12% Cities Service ... 2% Club Aiumnium ... % Commonwealth Edi. . 47% 46% 47% Cord Corp 9% 9% 9% Crane Cos ... 6% Decker Ac Cohn ... 2% Dexter Cos 4% 4% 4% Electric Household . . .11 10% 11 Gardner-Denver Cos . . . 18 General House Util ... 18% 17% 17% Great Lakes Dredge... 16 15% 16 Grigsbv-Grunow . .. 2% 2% 2% Iron Fireman . 6% Katz Drug 21 30% 21 Kentucky Ut Jr Cum fd 15 Lawbeck Corp 6% pfd 29 Lindsav Nunn Pub 2% Loudon Paacking Lynch Com 37% 36% 36% Marshall Field 16% 16% 16% McWilliams Dredg Cos 14% Midland Util 6G A pfd .. ... % Mirdland Util 7% a pfd % National Securities Inv .. ... 1% Noblitt Sparks Ind Inc. .. ... 26% Northwest Bancorp .. 6% Oshkosh Overall 4% 4% 4% Penn Gas & Elec ~. 8 Prima Cos . 16 Process Corp 3% 3% 3% Public Set vice N P .. 25 Quaker Oats pfd 116 115% 115% Rath Packing 21 Raytheon V T C 2% Reliance International. .. ... 2% Sears Roebuck 41% 41 41 Switf & Cos 17% 16% 16% Swift International .... 25% 25 25 Thompson, J, R 7% Utah Radio 1% 1% 1% Utility Ac Ind.. pfd 4 3% 3% Vortex Cup Cos 6% 6% 6% Walgreen Cos., com 17% Ward. Montgomery. "A" 64 63 64 Wisconsin Bankshares.. 4% 4% 4% Zenith Radio 2%

INDIANAPOLIS WEEKLY LIVESTOCK REVIEW

For Week Finding Thursday, Oct. 5. By U. S. DeperttrteWt ot Agriculture. -CattleAll grades and classes of cattle moved a few notches lower in the price scale this week, apparently under the influence of fores more hotent than the desires of representative buying and selling agencies. With all cattle selling considerably under the $7 mark, a slight loss is more noticeable and perhaps draws more comment than the actual loss in dollars and cents justified. However, all beef steers sold lower, some escaping with a 10ft 15c decline, others 25 to 35c and possiblly 40c in extreme cases. Choice heifers fared better than other slaughter classes and held near steady. All other she stock slipped slowly and gradually to extremely, if not record, low levels. Steer quality was somewhat better than last week and ran largely to light and medium weights grading good and better. This was particularly true on ”uesda> when numerous loads w ; ere valued above $6 but eventually sold below that figure. A shift in preferential weights at the close of the period brougnt 1.200 to 1,300 pound bullocks Into the spotlight. The weeks top went to a load within that weight range at $6.50. Others near the same weight, cashed at $6.35, and a few loads of lighter weights cleared at s6.lsft 6.40. Bulk alj weights grading good and better sold from $5.25ft 6.25, but a reasonable assemblage qf lower grades was possible under the $5 mark. Good and choice heifers ranging in weight from 550 to 850 pounds bulked from $5.75ft 6.50. the latter oaid for some scaling tpore than 800 pounds. Other heifers, sometimes considered as ' butcher” heifers cached from $4ft5.50 and extremely common kinds went down to $2.50. Beef cows bulksd. from s2ft3, only a minor representation at $3.25 to an extreme top of $3.75; low -cutters and cutteis slft2. Vealers dropped to a top of $6.50 last Monday but subsequent interest restored it to $7 Wednesday and a 50c advance today raised the peak to $7.50, or 50c higher than a week ago and $1 above Monday of the present week. Good and choice vealers bulked from s6.soft'7, for the week, top $7.50 today. Lower grades ranged downward from $6 to a practical bottom of $3 for thin, immature kinds. —Hogs— Some decrease in marketing of hogs here and elsewhere probably benefited tne selling and producing side, out processors reported some difficulty in moting the slightly higher product into normal trade channels. Loca, supplies dropped to a daily average of less than 6.000 and shipping outlet was broad enougn to advance the price level at times, but not sufficiently strengthened to maintain that position. The more or less beloved $5.50 top was attained this week, following declines after Thursday of last week to a top of $5.10. Sharp upturns Monday elevated the extreme peak to $5.35 and the following day it jumped to $5.50. Wednesday 10c decline followed by a nickel loss Thursday reduced the practical top to $5.35, with an outside price of $5.40. or 15c above the prevailing price last Thursday. With the elimination of receipts for were divided between shipping and packgovernment use this week, local supplies ing interests, with shippers taking slight-, ly more than half of the commercial supply. Bulk prices follow, for the first four market days of this week. 160 to 250 pounds. $5.25®5.45, top $5.50; 250 to 300 pounds, s4.9oft 5.25; 300 up. s4.6oft 4.90; 140 to 160 pounds. $4.65.ft 5.10: 120 to 140 pounds, $4.15® 4.50: 100 to 120 pounds, $3.65ft 4.10: packing sows. 03.24® 4, with only a few straight sows up to $4.25. —Sheep— Since last Thursday the local lamb market lost ground consistently, wuth the exception of a few reversals which did not check the downward drift in prices. This was in line w r ith general marketing conditions, however, and not entirely a local price movement. Starting the week with a $7 top for ewe and w'etners. compared with $7.50 last Thursday, a show of strength developed a $7.25 top Tuesday. Wednesday and Thursday best ewe and wethers held a $7 peak, and today even that was hard to obtain. For the week thus far good ewe and wethers hung closely to the $7 mark, but unless really good were disquoted 25ft50c. Bucks sold downward from $6. and inferior throwouts on down to $3. Some discrimination against weight is curtomarv. and has been expected, but so far weight lambs, and particularly those averaging more than 95 pounds, have received little discount, probably not more than 25c.

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. 25ft26c; No. 2,22 ft: 23c. Butterfat, 18c. Quoted by the Wadley Company. By United Pre*s CHICAGO. Oct. 6.—Eggs—Market steady; receits. 1.859 extra firsts. 20'jc: dirties. 14c: current receipts. 16%ft17%c. Butter—Receipts. 14,945. market unsettled: specials. 23%ft24c: extras, 23c; extra firsts. 20%ft22c; firsts. 17%ft 19c; seconds. 16%ft 17c: standards. 21c. Poultry—Market steady to %c higher: receipts 28 trucks. 1 car: fowls. 10ftll‘2C: leghorn broilers. 9c: leghorns. 7c; ducks. Bftlo%c: geese. Bft 11c: turkevs. 8c: roosters. 6ft7%c. Cheese —Twins. Il%ftl2c: longhorns. 11%ft12%c. Potatoes—Supply liberal, demand and trading slow: market steady on russets, dull on other classes: Wisconsin cobblers. $1.15® 1.25: Minnesota and North Dakota red river cobblers. 51.25ft1.30: few $1.35: red river Ohios. sl.lsft 1.30. mostly $1.25: Minnesota sandland Ohios. s.9sft 1.05; Hollandale section cobblers. sl.2oft 1.25. Wyoming triumphs. SI 40ft 1.50. partly graded. sl.2oft 1.30: Idaho russets $1.60® 1.75 Shipments. 1.005; arrivals. 71; on track. 284. Births Boy* William and Crescentia Stahl. 2715 Allen. Walter and Nellie Penick. 2433 Northwestern. Girls William and Lela Stevens. 62 North Holmes. Harry and Kathryn Kohn. 1105 South Reisner Robert and Bonita Coffin, 3526 East Twenty-fifth. Deaths Mae Yvone Sanders. 1, 2253 Sheldon, broncho pneumonia. Adda Louisa Reynolds. 75. 929 North West, coronary thrombosis. William Morgan. 65 3553 West Michigan. mitral regurgitation. Matt Kramer. 72. 116 West Walnut, cerebral hemorrhage. Henry Clay Conn. 59. 414 Blackford, mitral stenosis. Hugh D O'Connell, 66, city hospital, cerebral apoplexy. Margaret Beatty Quigley. 71 3362 Washington boulevard, acute dilatation of heart. James S Wyatt. 48. 739 North Belmont, corcnarv occulsion Alonzo J. Ragsdale, 78. city hospital, acute gastro enteritis Jesse Wright. 75, city hospital, cerebral apoplexv. Lora Cook, 46. city hospital, general peritonitis.

SWINE STEADY ! TO NICKEL OFF AT CITY YARDS Not Enough Steers on Hand to Justify Comment; Sheep Even. Hogs were steady to mostly 5 cents lower this morning at the city yards. The bulk. 160 to 260 pounds, sold for $5.15 to $5.30; a few small lots reported up to $5.35. Weights of 260 to 290 pounds brought $9.40 to $5.10; 290 pounds up, $4.50 to $4.80; 130 to 160 pounds- $4.60 to $5.10; 100 to 130 pounds, $3.85 to $4.36. Receipts were estimated at 5,000. Holdovers were 429. Not enough steers were on hand to justify comment. She stock was dull and quality plain. What few sales were recorded were made on a peddling basis. Receipts were 400. Vealers were steady at $7.50 down. Calf receipts were 500. Lambs were steady, with ewes and wethers selling in a range of $6.50 to $7. Bucks brought from $6 down. Throwouts were to be had down to $3. Fat ewes made the market at $1.50 to $2.50. Receipts were 2.000. Few initial bids on hogs at Chicago ranged mostly around 10 cents higher than yesterday's average at $5.30 down. Receipts were estimated at 18.000, including 10.000 direct; holdovers. 2.000. Cattle. 1.500; calves, 800; market unj changed. Sheep receipts numbered 13,000; market strong. HOGS Sept. Bulk. Top. Receipts. , 29. s4.Boft 4.95 $5.05 11.000 I 30. 5.00 ft 5.10 5.10 1,000 Oct. 2. 5.1-5® 5.30 5 30 4,000 3.5,45 ft 5.50 5.50 6.000 4. 5.25® 5 40 5 40 6.500 5. 5.20 ft 5.30 5.30 6.000 6.. 5.15® 5.30 5.35 5,000 Market, lower. (140-160) Good and choice....* 4.85® 5.10 —Light Weights— I 1160-1801 Good and choice ... 5.25® 5.30 1180-200) Good and choice.... 5.25® 5.30 —Medium Weights—-'2oo-220) Good and choice.... 5 30® 5.35 1220-250) Good and* choice ... 5.25® 5.35 —Heavy Weights—i 1250-290) Good and choice 4.90® 5.25 j 1290-350) Good and choice. .. 4.60® 4.80 —Packing Sows—(3so down) Good 3.85® 4.25 1350 up) Good 3.75® 4.10 (All weights) medium 3,00@ 3.8a —Slaughter Pigs—-(loo-130) Good and choice.... 3.85® 4.35 CATTLE Receipts, *00; market, steady. (1,050-1,100) Good and choice $ 5.25®. 6.75 Common and medium 3.25® 5.25 (1,100-1.5001-Good and choice 5.50® 6.75 Common and medium 4.25® 5.50 —Heifers—- ! (50-750) — Good and ?t\p(ce 5 50® 6 50 Common and Medium 3.00® 5.50 (750-9001 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 i Low cutter and medium 1 00© 2.25 —Bulls (yearlings excludedi — ' Good (beefi 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Reoeipts, 500; market, steady. Good and choice $ 7.00® 7.50 ! Medium 4.50 ft 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 (800-1.5001-Good and choice 4.25® 5.25 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 2,000; market, steady. —Lambs—(9o lbs. down' good & choice $ 6 00® 7 00 I (90 lbs. down) com. and med. 3.00 ft; 7.00 —Ewes—i Good and choice 1.76® 2.75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS FT WAYNE. Oct. 6.—Hogs—Steady: 200225 lbs.. $5.25: 225-250 lbs.. $5.10: 250-275 lbs.. $5; 275-300 lbs., $4.85: 300-350 lbs.. $4.60; 160-200 lbs.. $5.15: 150-160 lbs.. $4.90; 140-150 tbs.. $4.65 ;130-140 lbs.. $4.40: 100130 lbs.. *?.75ft4: roughs. $3.90; stags, $2.25: calves. $6.25 (25c offl: lambs. $6.50 down. LAFAYETTE. Oct. 6.—Hogs—Market steady., 200-250 lbs.. ss.loft 5.20: 250-270 lbs.. $4.90ft0: 270-290 lbs.. s4.7oft 4.80: 290325 lbs.. 54.50ft4.60: 150-200 lbs.. $4.85® 5.10; 130-150 lbs.. $4.35ft 4.60: 100-130 lbs., j S3.6oft 4.10; roughs. $4.25 down; ton calves. ] $6.50: top lambs. $6. I PITTSBURGH. Oct. 6 —Hogs-Receipts. I 2.500; early sales ostly 15c lower; one load '55,75; bulk 160-220 lbs.. $5.50ft5.60: hard Ito move at these prices: 220-250 lbs.. I j $5.25ft 5.60; 250 lbs. up. 54.50ft5.25: 125-140 j lbs.. 54.50®5: pigs, $4.25ft 4.50: roughs, j I s3.soft 4.25; mostly $4. Cattle—Receipts, I 50; first prize 915-lb. yearling steer ! I brought, $12.40 at yesterday's local West j Virginia roundup: second price. 805-lb. | steer. $10.25: third prize. 895-lb. steer. $10; calves, receipts, 125: steady; good and . | choice vealers, s7.soft 8. Sheep—Receipts. I ! 1,000; 10c higher on choice sorted lambs; J tops. $7.35; mediums, s4.soft 5.25; culls, j !s3ft4: wethers and ewes, quotably steady I | to weak. | EAST ST. LOUIS. 111., Oct. 6.—Hogs— I ( Receipts. 6,000: market, 5c higher; top j j $5.40: bulk. 170-230 lbs., 55.30ft5.40; 240270 lbs., ssft 5.25; 140-160 lbs.. $4.85®5.25; ! no pigs sold; sows mostly $3.50ft3.85. Cat- j tie—Receipts, 1,500: calves, receipts. 700; ! market, not enough steers here to make ! | a market; practically no early sales of j native cows and low cutters; virtually no j good to choice heifers on sale; grass heif- ; I ers in little or no demand: some Okla- j horns cutter cows, steady at $1.95; saus- : j age bulls, unchanged with top kinds. $2.60; j | good and choice vealers. steady to 25c I higher; ton and bulk. $7: slaughter steers, j ! 550-1.100 lbs., good and choice. $5.25ft 6.50: j common and medium. $3(85.50: 1.100-1,500 \ lbs., choice. s6ft<>.s9: good. $5.25ft 6.25; j ! medium, $3.75ft 5.25. Sheep—Receipts, : 800: market, fat lambs, steady to 25c | j higher; other classes steady; top lambs j I to city butchers. $6.75; bulk to packers, j ,$6ft6.50; medium lambs. $4.50ft5.50; com- j mon throwouts. $3.60®4: slaughter ewes. I ! $2(82.75; lambs. 90 lbs. down, good and I choice, $8ft6.75: common and medium, i $3.50® 6.25: yearling wethers. 90-110 lbs.. | good and choice, s4ft 5; ewes. 90-150 lbs , good and choice. $1.50ft2.75; all weights, common and medium. Sl®2. ! CLEVELAND. Oct. 6.—Cattle—lso: market slow and dull; decline for the week is 50 cents. Choice 750-1.100 lb. steers, $6.50 \ @7.50: good 600-1.000 lb. heifers. SSB 5.50: good cows, 53.25ft3.75. Calves —300: market j fairly active and steady; for tre week prices are 50 cents lower; choice to prime, sßftß.so: choice to good, s7ftß; fair to I good. S6ft7. Sheep—l.2oo: market steady i I today and 25 cents lower for the week: choice wethers. 52.50ft3.25: choice spring lambs, $”@7.25. Hogs—800: market steady: ! for the week, hogs advanced 15 cents to a $5 60 top: heavies. $5®5.15: choice but-: chers, $5.158 5.50: light butchers, $5.50; stags. $2.25: pigs, $4.25. EAST BUFFALO. Oct. 6.—Hogs—On sale. 2.100; active to all intererts: steady to c j j over Thursday's average: some lights and weighty butchers up more; bulk desirable 170 to 210 lbs ss.7oft 5.80: few 220 to 240 lbs.. $5 85: 270 to 300 lbs.. $5 35ft5.10: mixed weights and plainer quality ss.4oft 15.65: 140 to 150 lbs.. $5.35ft5 65: pigs! • scarce. Cattle —Receipts. 200; holdovers. ! 150: largely a cleanup trade on plain grass 1 steers and heifers, generally 25c lower; j | cows and bulls sharing decline: uediuc • j flesh heifers. $4.25: bulk common steers and heifers. $3ft3.65; extremes down to $2.50: cutter cows, $1.40ft2.25. Calves— Receipts. 300; vealers active, strong to 50c higher: good to choice $8; sparingly $8.50. Sheep—Receipts. 1.400: lambs unchanged all factors considered; good to choice. $7 50 medium kinds and fat bucks. $6.25® 6.50; throwouts, ss® 5.50. NEW YORK COFFEE FUTURES —Oct 5 SANTOS High. Low. Close. | January • •• 8 34 ■ March 8 48 8 40 8 42 MaV - 8.49 840 8.49 | July 8.55 8.50 8.55 ; September *•’* i December RIO ! January ••• J-®* March 8 July 5-111 September ••• ® ** December • • ■ s 93 CHICAGO FRUIT MARKET By l ttitf and Prcst CHICAGO. Oct. 6 —Apples—Michigan Wealthies. bushel 7ScftSl: Jonathans, bushel *1 ft 1.15. Pears—Michigan Keifers bushel 65ft 75c: No. 2. bushel. 40850 c Carrots—lllinois. lft 2c Ekkplant—lllinois. 35 ft 40c Spinach—lllinois, bushel. 40ft 60c Beans—lllinois green. SI 25 j 1 75 Cabbage !—Wisconsin, crate. 75cft$l Tomatoes Michigan. 50c. Grapes—Michigan. 20®21c. four-quart 10® 11c. Peaches —Colorado, box sl® 1.15. Onion market. California. Valentias. bushel 90c@$l Wisconsin: yellows bushel. 9b ft 65c. Indiana, yellows, bushel. 50ft 65c IlUnois, yellows, bushel. 60 ft 65c. Minnesota and Indiana, whites, t buafwL ll.loSA.li <e

Higher Price Level First Goal of Administration in Recovery Movement President Looks Coldly on All Money Reforms Offered by Currency Inflation Enthusiasts. BY FORREST DAMS Times Special Writer WASHINGTON. Oct. 6. —The question, where, if anywhere. Mr. Roosevelt intends to peg the dollar continues to fascinate Washington. Will he revalue, inflate or drift? As dinner table topics, such inquiries replace speculation as to whether the NRA will succeed, or shocked regret over the fate of the 5.000.000 little pigs slaughtered to make an AAA holidy. Concern over the statistical destination of the dollar overshadows the world series and talk about the sundry senatorial investigations into acquisitive man’s conduct.

Such absorption over a .single is- | sue here in the capital might inI dicate that the government, private*J ly, holds a monetary solution to, be : essential to recovery at this junci ture. Or it may mean that the is- ! sue has been swollen out of its real importance by propaganda by such pressure groups as cotton states inflationists and conservative deflationists the last two weeks. Seems to Be In No Hurry I suspect the latter to be the more accurate hypothesis. I suspect further that the administration and the powerful persons now imploring monetary action sfieak I different languages: that, whereas ! the administration still perceives its major objectives in terms of com- : modity prices, the others reckon advance in terms of currency adI justment. It should surprise no one, there- j ! fore, if the President defers act or j declaration on dollar stabilization j until he has lifted commodity prices ! to a satisfactory level. He is. one j gathers, in nowhere near as great a hurry as the currency reformers. Mr. Roosevelt, 1 am told, sees his ! endeavor to raise prices as a stable, continuing policy. That is his first principle. He has not swerved from it. He is committed to the economic tenet—under fire in some quarters J —that rising prices denote and im- , plement prosperity. Currency flue- j tuations are secondary. If they serve to lift price levels—as the! falling dollar did for a time after j we abandoned gold—well and good, j If they fail after a while, then it ] can be proved that the decline of ' the dollar in gold value has had very little effect on the commodity j range beyond a certain point. Faith Lodged in Credits The President, it must be apparent, thinks first in the idiom of i price. He mistrusts currency as a means of arriving at price. He relies instead upon credit management. That seems the only interpretation to put upon his consistently cold attitude toward money nostrums during the last two weeks; a discouraging period for many friends of the New Deal. The government has faith in the leverage of credit upon business activity and. therefore, prices. Its insistence on that method of recovery lends support to the belief that j we are in process of establishing a de facto commodity dollar. If that is the process, then we shall attain a suitable price range and let the dollar find its level in relation to it and gold. If the government intends presently to revalue the dollar—a contingency frequently prophesied within the last few days—the treasury still is in the dark. It has no instructions. Revaluation Means Gold Revaluation, if it means anything, requires a return to the international gold standard. Otherwise, a declaration that the dollar has been j stabilized at 65 or 50 cents would simply assert that the dollar now worth zero in gold has become j worth two-thirds or one-half zero j in gold. It is patent that we can not revalue without re-embracing the gold standard Common prudence would compel our government j to return to gold only in conjunc- j tion with others, notably Great j Britain. So far the White House has not ! directed the Treasury to enter into j negotiations with the British debt envoy—soon to be in Washington— i looking toward stabilization. It is ! more or less assumed that Sir Fred- | erick Leith-Rose and the British embassy staff themselves will raise the question. But when the issue of relating the pound to the dollar and the allied question of a return to gold arise, treasury officials charged with discussing the debt settlement must turn to the White House. Dean Acheson. under secretary of the treasury and head of the American debt authority, regards that subject as falling within the larger field of administration policy. A reason for the government's

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mistrust of currency manipulation as a means of affecting prices may be found in the dollar's checkered experience .since we quit the gold , standard last spring. Immediately afterward raw commodity prices rose in something like a ratio to the dollar's decline in the gold markets. Wheat, cotton, etc. shot upward. But after a time their prices reached a peak and fell off. The dollar, on the contrary, continued to fall until disproportion became wide. The dollar is off 35 ]>er cent but the average rise in commodity : prices is said not to exceed 12 per cent. Economists puzzle over i whether this is due to a fixed law governing currency depreciation, a law of diminishing returns, or whether it is merely an accident. In any event, the currency aspect of the general situation falls into a secondary relationship in the government's present atitude. The emphasis is on the other face of the ; dollar: namely, what it will buy. In the face of pressuir. the government insists on putting what it holds to be first things first. The dollar very likely will be rearticulated with gold when the propitious time arrives: or, conceivably, if the j recovery breaks down bringing a \ demand for any heroic measure, j But not earlier. It should be clear by now that the President is not susceptible to the remedies either of currency inflationists or deflationists. He is on another track.

In the Cotton Markets

CHICAGO —Oct. 5 High. Low. Close I MarcV y 997 980 980 M arch 10.17 9.98 998 rwn KV 10 30 10 12 10 12 October 0 so December *..* 9.91 969 9.70 NEW YORK January 989 9.73 974 i JJ arch 10.08 9.90 990 ; Ma'’ 10.24 10.05 10.05 I i” I ,'’ 10 38 10 20 10 20 1 October 9 62 9 45 9 45 December 9.83 NEW ORLEANS January 9.86 9 68 9.68 ! March 10.05 9.85 9.87 Ma.V 10 19 10 02 10 02 | July. 10.34 10.18 10.18 1 October 9.42 9.40 9.40 j December 9.75 9 59 g g] j

Investment Trust Shares

(By Abbott. Hoppin & Cos.) —Oct. 5 . _ Bid. Ask. I American Bank Stocks Cp.... 90 100 American & General Sec A. ... 5 75 6 75 Basic Industry shares 3 22 3 27 ! Brush Type Inv Tr shares... .56 60 Collateral Trustee shares A... 4 62 500 Corporate Trust shares loldi . 2 18 222 Corporate Trust shares inewi 2.31 2 35 Cumulative Trust shares 3.95 4 00 Diversified Trust shares A .. 625 Diversified Trust shares B. . 7.75 800 Diversified Trust shares C ... 3.04 3 10 Diversified Trust shares D. ... 4.75 4 87 First Insurance Stock Corp.. 1.38 142 First Common Stock Corp 92 107 Fixed Trust Oil shares A... 8.40 Fixed Trust Oil shares B. .. 7.15 Investors Inc 17.62 18.00 Low Priced shares 5.74 5 94 Mass Inv Trust shares 17.62 19.00 Nation Wide Securities 3.25 3 35 No. Arneri Trust shares (53) 1,84 North Amer Tr shar (55-561 . 2.37 2.42 Petroleum Trust shares A .11.00 14.00 Selected American shares. ... 285 2.95 Selected Cumulative shares . 6.90 7.00 Selected Income Shares 3 75 387 Std American Trust shares A 3.06 3 12 Trustee Std Oil A 515 5.25 Trustee Std Oil B 4 55 4.65 U S Electric Lt & Pwr A .11.50 12.00 Universal Trust shares 2.92 3 03

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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

.OCT. 6. 1933

GRAIN FUTURES MOVE DOWN ON LIGHT SELLING Constant Support Needed by Market so Hold Prices Up. BY HARMAN W. NICHOLS I'nited Press Staff Correspondent CHICAGO. Oc% 6 —Grain opened steady today on the Board of Trade. Wheat was unchanged to up % cent, corn ranged from down % to up % cent, and oats was unchanged to down % cent. Aside from the uncertainty concerning President Roosevelt's position in monetary matters, confusion was added to th“ grain situation yesterday when an announcement from Washington said that the government proposed a processing tax on food and clothing to produce additional funds for relief. Liverpool was \ to 1 cent higher. Liquidation discouraged holders of corn yesterday and at *he close corn was down to the lowest figures since May. a net loss of 2 to 2’t cents for the day. Buyers were indifferent. There was fairly extensive liquidation in December oats and this grain was further depressed by the action of other grains. Chicago Primary Receipts —Oct. 5 Bushels. Todav. Last week. Wheat 612.000 665 000 Corn 771.000 626.000 Oats 224,000 279.000 Chicago Futures Range - —Oct. 6 Prr. Hifth Low 10:30 Close WHEAT— Dec 89% .88% .89 .89% May 03% .92% .93% .93% July 91% .91% .91% .91% CORN— Dec 45% .43% .44% .45% May 52' 8 .50% .51% .52 July 54 .53 .53% .54 OATS— Dec. 36% .35% .36% .36% May 10% .39% .39% .40% July 37% .37 .37% .37% RYE— Dec. ,66% .65% .65% .67% May . .73% .72% .72% .73% BARLEY— May 61'i .80% .60% .60%

Indianapolis Cash Grain

—Oct. 4 - The bid* for car lots of grain at th® call of the Indianapolis Board of Trade, f. o. b . sipping point, basis 41% New York rate, were Wheat—weak: No. 1 red 78%48 79%: No. 2 red. 77%ft-78%; No 2 hard. 77%ft78%. Corn—Weak; No 2 white. 38% ft 39%; No. 3 white, 37%ft35%; No. 2 yellow. 35%ft36% No, 3 yellow. 34%ft35%; No 2 mixed. 34%35%: No 3 mixed. 33% ®S4%. Oats Weak; No "2 whitp. 29%ft) 30%: No 3 white. 28%ft29®. Hay Steady. JF. O h. country points taking 23%c nr less rate to Cincinnati or Louisville) No J timothy. $6ft6.50; No. 2 timothy. $5.50® Wheat—No. 1 red. 2 cars: No 2 red 2 cars; No 1 mixed. 1 car; No. 2 mixed' 1 car. Total. 6 cars. Corn No. 1 white. 1 car. No. 2 white. 11 cars; No 3 white 6 cars: No. 2 yellow. 10 cars; No. 3 yellow iepV®ir J * 0 '. 4 '’ pllon - 4 rars; No 4 mixed. 1 car. Total. 48 cars. Oats—No 2 white 6 cars; No. 3 white, 6 cars. Total. 12 cars! INDIANAPOLIS WAGON WHEAT R, n in alpva,ors arc paying 76 cents ror No 2 sort rea wneat. otner grades on their merits.

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