Indianapolis Times, Volume 45, Number 129, Indianapolis, Marion County, 9 October 1933 — Page 9
OCT. 9, 1933
Wall Street
Brokers Know Limitations; Want No Part of Uncle Sam After Tagging Hizzoner. ■ By RALPH HENDERSHOT Time! Special Financial Writer
One would Imagine that with a well-earned tax victory over Mayor O'Brien and their arch-enemy, Samuel Untermeyer. under their belts the brokers in Wall Street would be all set to give battle to almost any assailant who came along, even if it chanced to be a representative of the United States government. Such does not seem to be the case, however, if the latest developments count for anything. The brokers are as peeved as a hive of bees over the new order from the Federal Income Tax Department requesting them to turn over defiled records of their transactions with clients during the years 1929,
1930, 1931 and 1932, but a canvass made in the downtown district indicates that they do not intend to do anything about it. Quite evidently the brokers are not concerned with whether their clients get in bad for having gypped the government out of income tax payments during those years, but they look upon the work of furnishing the records as a thankless job and an expense they can not afford. Those questioned today were not aware of the authority by which the order was issued, nor had they sufficiently gotten over the shock of the request to make inquiry. a a a It’s In the Book The authority, however, is ample. Section 149 of the Revenue Act of 1932 says:— ‘‘Every person doing business as a broker shall, when required by the Commissioner of Internal Revenue, render a correct return, duly verified under oath, under such rules and regulations as the Com-
Ralph Hendershot
missloner, with the approval of the Secretary of the Treasury, may prescribe, showing the names of customers for whom such person has transacted any business, w'ith such details as to profits, lasses or other information which the Commissioner may require, as to each of said customers as will enable the Commissioner to determine whether all income tax due on profits or gains of such customers has been paid.” The brokers are sincere in their statement that they can ill afford the extra work this will involve. They have been through several lean yea-s, and, while they have been helped by the pick-up in dealings thus far this year, many of them are still finding it difficult to make ends meet. Any number have been obliged to bring in new capital to keep up to the financial requirements laid down by the New York Stock Exchange. a a a If They Won They’d Lose Most brokers thought the least the income tax authorities could do would be to send in their own auditors to get the details, in view of the fact that they want such voluminous information. They thought they might have a case in court, too, under the circumstances, if they elected to make a fight of it. But the almost unanimous attitude was that even though they were to win out in such a court battle, they would get the worst of it in the end. They argued that there are so many ways the government can put obstacles in their way that probably the best thing j for them to do in this instance is to take it and seem to like it. Having won the lightweight title from Hizzoner, they apparently have j no desire to step into the heavyweight division with Uncle Sam. And Joe ! Williams probably would agree that it is a wise man who knows his limitations.
New York Stocks (By Abbott. Hoppin & Cos.) ———————
—Oct. 9 oil*— Prev. High. Low. 10:30 close. Amerada Atl Rig 27 *!.{* Consol Oil • • r2 u cont of Del . nVa 17 1 /* 17% 17 4 Houston (newi 5 Mid Cont Pet.... 3 8 Ohio Oil 1S 3 4 Pet Coro il /8 H 4 Phillips Pet ■ ••• 16 Pure Oil 13% 13% 13% 13 * Ebd Oil 41% 41 41 41V* Simms Pet H, 4 , 3 8 Skellev Oil .i, 2 .{4* Soc Vac If,? 8 S O of Cal 4i;* 42 S O of N 42% 42.4 Texas Corn fl,, Tidewater Assn. 10 a lUa Un Oil of Cal 40 8 Am Roll Mills... .. .... 10% IS! 8 Beth Steel 35 34 4 35 34 2 Bvers AM 26% 28 * Col Fuel A iron ■ ° * Inland Steel ••• 37/a ... Ludlum Steel .. .. ••• ••• McKeesport Tin ■■ 4 Natl Steel ’3 42 4 Ren Iron & Steel .. 14 8 i?, 4 Ren Ir A Stl ofd •••,, 2 U S Smelt 09% 98 4 9 ?7 §?,• Vanadium *1 8 2 u S Pipe & Fdv .. ... •••_ . U S Steel .... 48% 4< " 4i jL, B U S Steel pfd. a: 3 Sf, 2 Youngstn S& T 21 4 21 2 Atchison 05 04’4 5o 04% and 1, n .. . 21 ,2 *l, ?an & pac l3% ■ 13% m, 13% Ch A Ohio 42% 42 2 CM&St P. 6 -* • g 3 . C M & St P Pfd Chi R Isl -J ' 4 -j, Dela & Hud 64 63 Grt Northern 21 % 21 111 Central fV 1 8 K C Sou “ 2 Lou A Nash *’q3. J? y’ Cent 40 39*4 40 38% N Y New Haven 19% 19% l 9 ’" 1® 4 Norfolk A Wes J 5 3 Nor Pac 29*2 Penn R 30 8 ih* Readtna a~ 3 , Sou Pac 23% 22% 23 2 .3 Sou R R - 6 2 SOU R R Pfo *** i jtjr 139 Union Pac 112 2 112 4.ihntn rS-_ .. 496 48‘a Auburn •_ 4*3,. 441. Chrvsler 4d% 45 45 4 44 4 Gen Motors 31% 30% 31 s 30 2 Graham Mot ,r 5 4 Hudson 4 sJ Nash :::::::::: :: ::: ' 2 °* 2^Packard ••• 4 3 Reo S % Studebakcr 43* Yellow Truck 44 Motor Access— */ Bendlx 15% 15% “ 8 Bohn Alum 49 4 47 k 49% 4 % Bora Warner 15 4 8 Budd Wheel 4 2 Eiec Auto Lite 18 i 2, 2 Houd A Murrav Body 65 Stew Warner. 6,4 ,2 8 Timken 28 Minina— o*3l Alaska .Tun * .1 .e Am smelt . 46% 45 a 46 45 Anaconda 16% 16 s 16% 15 s Cal * Heels. .. .. ,71* Cerro Dt> Pasco 3,% 36% 3.% 3< 2 C.t Nor Ore 12 33 Howe Sound 51* ItU Nickel 20 19 4 20 > 9 ,* Kennecot Cop... 23 22 4 23 22 a Noranda Cop 34 2 Phelps Dodge tr Pitts Coal Tobaccos — 49 l i Am Snuff 16 Am Sum T0b..... •■ • •• • „j Am Tobacco B 86% 86% 86% 85% Gen Clear ji. 4 Liaa & Myers V. Reynold's* Tob 851 50% 51 50% Fouipments— Allis Chalmers Am Car & Fdv jij Am Loco 16*2 Am Mach .V Fdv jl% Am Steel Fdv 21 a 21^4 Bald Loco •• if, 4 Burroughs 14 14% l a g 4 Case J I 1 2 s n3i 20*2 Cater Tract 29 4 2 V * Elec Stor Bat 44 4 Tnt Harvester 39% 39 39.'. 38% Kelvinator } 2 % *2% > *2 2 Natl Cash Rep. 18%. 17 2 h * 1. Proc * Gamble.. .. -i-, ?} 8 Pullman 1nc.... 51*2 51% 51 a 51. West Air ißi.. ■■■ •••,, ;S 2 Westinah Elec.. 3S*a 37% 38 a 3i Am***For~Pwr.. ... 10 9 % r T K r .‘ v uV 12? nU Am Wat Wks 22% Brook Un Gas.. .. ... Col Gas A- El 14% 14% 14-2 14% Com A Sou -2% 2% 1 4 2% Consol Gas. 42% 42% 42% 41% Eiec Pwr A Lit 6 8 4 J F P A L pfd 13 13% Int TA f 13% 13 13% 13 Nat Pwr A Lit.. .. 11% 11% North Amer 20 19% 20 .9 Pub Serv N J... 38% 38 33% 3t* So Cal Edison 19% 19% Std Gas 11 11% United C"orp 6% 6% 6% 6% Un Gas Imp ... 16% 16% Ct Pwr A Lit (A! .3% Western Union.. .. ... 57 55% Rubbers— Goodrich ... 14% 14 Goodvear 36% 36 36% 34 U S Rubber 17% 16% 17% 16% C S Rubber pfd 26% 26*2 Amusements— Fox Thea 15*4 Loews Inc 33% 32% 33* 2 32 % Radio Coro 7% 7% RKO ... 2% Warner Bros ... 8% 7% 8% 7% Foods— Am Suaar. 64 Armour A 4% 4% Borden Prod 24 24 Can Drv ■?? Ale 32% 31% 32*4 31% Coca Cola . . 92% Corn Prod 89% 89% 89% 89 Crm of Wheat 35% GenG Foods 36% 36% 36 % Gold Dust 30 s - G W Suaar . . 39% 38% 39% 93% Hershev . . asi. Loose Wiles 371. Natl Biscuit 50 49a! S*. U ,2,,? rod ■ 18 18 15% Pet Milk . . i2t— Std Brand* ..26 25% 26 25*. United Fruit .. 63 62% 63 63 WriaieT 51 51 Gimbe! Bros 4% 4a Hahn Dept St* s_ Kresge S 8...... , ... 12^ Kroner Oroc .it. A M 22%
Macy R H 58 57 58 56% Mont Ward 21 20% Penny J C 45 Safeway St 42% Sears-Roebuck ... 41 41 Woolworth 39% 39% Aviation— Aviation Corp 9*4 9% Douglass Air 14% 13% Curtiss Wright 2% 2% 1 Nor Am Av 6% 6 ; United Aircraft.. 33% 33 33% 33 Chemicals— Air Reduction ... 105 103% Allied Cham 140% 139 140% 139 jAm Com Alcohol 64V, 62% 64*4 62% I Col Carbon ... ... 53% ! Com Solvents... 40'/a 39% 40% 39% | Dupont 79 78% 79 78 Freeport Tex 44% 44% Liquid Carb 31 30% Math Alkali .... 42% 41% 42% 41% ; Tex Gulf Sulph.. 39% 39'% 39% 39% Union Carbide 44 44% I U S Indus Alco .. ... 70 70 Natl Distl -100% 98% 100% 97% Drugs—jCoty Inc 4% 4% i Lambert 30% ... | Zonlte Proa 6 j Financial—- ' Adams Exp ... ... 8% Allenghenv Corp 4a ! Chesa Corp 38% j Transamerica .. .. ... 6% 6% Tr Conti Corp 5% 5% Building— Am Radiator 14% 14 14% 13% [ Gen Asphalt ... ... 17 Int Cement ... .. 28 Johns Manvilie .. 55% 54% 55 53% Libby Owens Gls 30% 30% 30% 30 I Ulen Const ... ... 2% Miscellaneous— Amer Can 94 93% 94 92% i Brklyn Man Tr.. 35 34% 35 34% : Conti Ca.n 67 66% 67 66 Eastman Kodak 79% 79 79% 09% Owens Bottle 82% 81% 82% 81 Gillette ... ... 13% Glidden 157? Indus Rayon ... 76% 75% 76% 74% Inter Rapod Tr.. 11% 10% in: 10% Real Silk Hose n% Liberty Bonds By United Press NEW YORK. Oct. 7.—Closing liberty bonds: I Liberty 3%s (47) 102 19 I Liberty Ist 4%s (471 103' 1 Liberty 4th 4%s (38) 103'10 | Treasury 4%s <52) 109 31 Treasury 4s <541 106 10 | Treasury 3%s 156) 104 11 ] Treasury 3%s (47) 101 28 ! Treasury 3%s <431 March 101.27 i Treasury 3%s (43) June 101 30 ! Treasury 3%s <49) 100 13 ! Treasury 3s (55) 98 29 ! Treasury 3 Vis 101.11
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 25egg. $5; mine run. $4.75. Woke (carload lots)—Egg. nut. $7: pea sizes. $5.25. Seml-Stnokeless—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
CHICAGO —Oct. 6 January 9.87 9.60 9.67 March 10 06 9.74 9.79 May 10.19 9.91 9.96 Julv, 10 33 10.06 10.06 October 9.35 December 9 80 9.48 9 54 NEW YORK January 9.81 9.50 9.50 March 9.98 9.65 9 66 May 10.15 9 80 9.82 July 10 28 9.96 9.97 I October 9.55 9.25 9 25 i December 9.76 9.41 9 42 NEW ORLEANS 1 January 9.77 9 45 9.45 March 9.93 9.61 9.62 May 10.09 9.78 9.78 July 10 22 9.95 9.95 October 9.46 9.31 9.31 December 9.69 9.37 9.37 Births Boys John and Millie Kiney, 852 West Ninth. Cosell and Alma Woods. 1010 West Twenty-sixth. Cecil and Fern Freeman. 927 West Thirty-fourth. Alexander and Annie Jones. 1512 Martindale Porter and Thelma Skiles. 805 River. Ralph and Aljulia Saxton. 341 Darnell. Fleming and Louise Anderson. 1117 Harlan. Ray and Jennie Harris. 1709 South East Fred and Oreeta Tavlor. 2513 Guilford. Mike and Rose Ray, 822 Greer. Raymond and Clara Duncan, city hospital. Elmer and Lillie Lahman. city hospital. Albert and Carrie Steffey. St. Vincent’s hospital. Mote and Ethel Ford, 3834 Fletcher. Thomas and Helen Amos. 2337 Sheldon. Girls Hosle and Eva Franklin. 109 Concordia. Maynard and Marie Miller. 1633 Carrollton. Fred and Laddie Stepp. 1301 Massachusetts. Jesse and Thelma Anderson, 416% Bright. Henrv and Bessie Smith. 1311 West Twenty-third. Raymond 3nd Madeline Ostermeier. 3827 Fletcher. Homer and Josephine Glover. 2032 East Marvland. John and Ella Kafouras. 507 North Liberty'. Ernest and Nina Key. 1233 North Pershf":ed and Cecil Duncan. 374 North Pershing. John and Matilda Cherry, city hospital. Fred and Mary Kehl. city hospital. Harley and Eslle Jines. city hospital. Ravmond and Lucile Johnson, city hospital. Lester and Violet Smith, city hospital. Frazier and Mary King, city hospital. Charles and Marie Shefler. citv hospital. Lerov and Esther Klnnev, 3369 Colorado. Ralph and Evely Ferguson. St. Vincent hospital. Garvin and Ine* Brown. St. Vincent's hospital. Thomas and Ada White. Christian hospital. Delbert and Lillian Schriefer. Christian hospital.
STOCK SHARES DISPLAY EVEN TRADINUANGE Rise in Pennsylvania Aids Rail List in Initial Advance.
Average Stock Prices
Average ot thirty Industrials for Saturday. hl(?h 98.78, low 97.28, last 98.20. up .68 Average of twenty rails 42 05 41.60 41.84, up ,25. Average of twenty utilities 25 06, 25.58. 25.77. up .12. Average of forty bonds 84.15. up .07. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Oct. 9.—Stocks opened steady today in moderate turnover. The dollar rose sharply in terms of foreign currencies, and cotton futures held around the previous close. Railroad shares were higher, featured by a rise of VA points to 30% in Pennsylvania. Fractional j gains were recorded in Chesapeake . & Ohio and New York Central, while Atchison and Union Pacific held at previous closing levels. Industrials Are Steady Several of the leading industrials opened where they closed Saturday. This group included U. S. Steel at 47%, Allied Chemical 139, Sears-Roebuck 41, International Telephone 13, Woolworth 39%, United Aircraft 33 and U. S. Industrial Alcohol 70. J. I. Case jumped 2 points to 71% on the first sale to feature its division. Chrysler was in demand, rising to 45% after opening 1,000 shares at 45, up %. Consolidated Gas rose 6 to 43% in a steady to firm utilities group. National Distillers hit 100 after opening at 98%, up 1. The trend in the early dealings was upward. American Telephone met demand and rose 1% point to 121. Sentiment Optimistic Auburn Auto gained a point and substantial advances appeared in a long list of issues in all divisions. Coppers did not participate in the rise but they held steady around the previous close. Sentiment in the street was more optimistic. The “buy now” campaign was expected to generate the necessary stimulus for a better tone in stocks, while indices of major business lines were showing a letup in recent declines and some of them, notable building, were higher.
Bank Clearings
INDIANAPOLIS STATEMENT —Oct. 9 Clearings $1,461,000.00 Debits 3,806.000.00 TREASURY STATEMENT —Oct. 9 Net balance for Oct. 6... .$1,167,787 141 15 Misc. int. rev. reepts 15.119,689.85 Customs rects., mo. to date 6.528,963.01 New York Bank Stocks (By Abbott. Hoppin & Cos.) —Oct. 6 „ , Bid. Ask. Bankers 53% 54 Brooklyn Trust 89 93 Central Hanover 115 117 Chase National 22% 23% Chemical 32% 333, Natnoial City 24% 25% Corn Exchange 50% 51% Continental 12% 13% Empires 173% 18% First National 1,245 1,265 Guaranty , 272 275 Irving 16 16(2 Manhatten & Cos 25 % 25% Manufacturers 13% 13% New York Trust 83% 85 Public 24% 25%
Federal Farm Loan Bonds
(By Blyth & Cos., Inc.) —Oct. 6—* 4s Nov. 1. 1957-37 B?%' 86% 4 s May 1, 1953-38 85% 86% 4'is July 1. 1956-36 86% 87% 4%s Jan. 1. 1957-37 86% 87% 4%s May 1, 1957-37 86% 87% 4%s Nov. 1. 1958-38 86% 87% 4'is Dec. 1, 1933-32 100% 100% 4%s May 1, 1942-32 91% 92% 4%s Jan. 1, 1943-33 91% 92)4 ! 4%s Jan. 1, 1953-33 89% 90% 1 4%s July 1, 1933-33 89% 90% 4%s Jan. 1, 1955-35 89% 90% 4%s July 1, 1955-35 89% 90% 4%s Jan. 1, 1956-36 89% 90% 4%s July 1, 1953-33 91% 921,, 4%s Jan. 1, 1954-34 ......... 91% 92% 4%s July 1, 1934-34 911/4 921| 5s May 1. 1941 31 96% 97% 5s Nov. 1, 1941-31 96% 97% Home Loan 4s. July 1. 1951.. 86% 87%
Daily Price Index
(1930-1932 Average, 100.) By United Press NEW YORK. Oct. 7.—Dun & Bradstreet’s daily weighted price index of thirty basic commodities, compiled for the United Press: Today 98 77 Yesterday .!” 99.21 Week ago 101.62 Month ago 99 81 Year ago 2R 1933 High (July 18) 11352 1933 low (jan. 2oi eoe Copyright, 1933, by Dun & Bradstreet, Inc.
Investment Trust Shares
(By Abbott. Hoppin & Cos.) —Oct. 7 Bid Ask American Bank Stocks C 0.... .90 106 American & General Sec A.... 5.75 6 75 Basic Industry shares 3.22 327 Brush Tvpe Inv Tr shares... 56 60 Collateral Trustee shares A... 4.62 5 00 Corporate Trust shares (oldt.. 2.18 2 22 Corporate Trust shares mew) 2.31 2 35 Cumulative Trust shares 3.95 4 00 Diversified Trust shares A... 6.25 Diversified Trust shares 8.. 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 1 07 Fixed Trust Oil shares A... 8.40 ' . Fixed Trust Oil shares 8... 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 |jNo. Ameri Trust shares (53) 184 North Amer Tr shar (55-56).. 2 37 2 42 Petroleum Trust shares A...11.00 14 00 Selected American shares 285 295 Selected Cumulative shares.. 6.90 700 Selected Income Shares 3.75 3 87 Std American Trust shares A 3.06 3.12 Trustee Std OH A 5.15 525 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 Deaths Bernard W. Foley. 37. St. Vincent's hospital. typhoid fever. Charles J. Lahev. 53. 958 East Georgia chronic nephritis. Alonzo E. Clarv. 66. Methodist hospital pulmonary embolism. Aaron Goldstein. 57. 1030 South Meridian. carcinoma. Merer Pilz. 33. St. Vincent’s hospitaL uremia. Julia Alvin Sackrison. 42. St. Vincent’s hospital, apoplexy. John Lane. 65. 312 East North, cerebral hemorrhage. Henrv Rickmeier. 69. Sterns Memorial hospital, arteriosclerosis. Margaret Nugent. 49. Central Indiana hospital, chronic myocarditis. Ed Know 52. St. Vincent's hospital, toxic encephalitis. EUzambeth Frilrhard. 71. St. Vincent's hosp;tal. hypostatic pneumonia. Noble C. Butler. 89. 1204 Park, cardiovascular renal disease. Samuel Webb. 65. Methodist hospital, uremia. William Tavlor Zist. 44. 322 Indiana, pulmonary tuberculosis. Elton B. Elliott. 88. 1628 CorneU. cardio vascular renal disease. Helen Jones. 16. Christian hospitaL diabetes meliitus.
THE INDIANAPOLIS TIMES
IA dCQK Am BY BRUCE CAITQN
THE Progress of Julius,” by Daphne du Maurier. is the story of a man who gains the whole world at the price of his immortal soul; or, if you don’t care for that kind of phrasing, it is the story of a man who tries so hard to make his life a complete success that he ends by making it a complete failure. It tells about Julius Levy, son of a French peasant mother and a Jewish father, who lives through poverty and famine during the siege of Paris in the Franco-Prussian war, drifts aimlessly south to Algiers as an adolescent, is orphaned as he enters his ’teens, and speedily develops an uncanny ability for turning one penny into two. Julius, in short, is a born gogetter. His early dream of becoming a rabbi is quickly shelved in favor of a commercial career. He studies English, moves on to London, and sets himself the job of conquering the business world. The price of success, he discovers, is absolute ruthlessness; so he makes himself ruthless. He lets his sweetheart die rather than spend the money that would have cured her disease; later he drives his father-in-law to suicide rather than spend money to save him from financial disaster. It all works out as he had planned. He becomes fabulously wealthy, powerful, respected. But bit by bit he cuts out of his life everything that ordinarily goes to make life worth while. He grows into a lonely old man, morbidly concentrating his storedup love on his daughter, murdering her when she dares to fall in love with a young man, developing a vast fear of death, turning, finally, into a senile miser. “The Progress of Julius” is a strong, competently handled tale. Published by Doubleday, Doran and Cos., it is priced at $2.50.
DAIRY CONTROL CROUP TO MEET Milk Inspectors of U. S. to Open Convention Here Thursday. More than 300 delegates are expected to attend the twenty-second annual convention of the International Association of Dairy, and Milk Inspectors which will open Thursday. The association, whose members include state and municipal milk control officials in the United States and Canada, will remain in session three days. Business sessions of the organization will be taken up by presentation of resolutions bearing upon the sanitary control of public milk supplies, and election of officers for the year. Horatio N. Parker of the bureau of public health in Jacksonville, Fla., is association president and will preside over the sessions.
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 a5 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. 9.—Eggs Market, steady; receipts. 6.008; extra firsts, 20%c; dirties. 14c; current receipts, 16%®17%c. Butter—Receipts, 9.566; market unsettled; specials. 23%@24c: extras, 23c; extra firsts, 20%®22c; firsts, 18®19c: seconds. 16%® 17c; standards, 21c. Poultry-Market, higher; receipts 22 trucks. 3 cars; fowls. 12%®13c; Leghorn broilers, 9c; Leghorns, 7c; ducks. 11c: geese. 9®>llc: turkeys, 8c; roosters, 6® 7%c. Cheese—Twins, 11% @ 12c; longhorns, 12%(®12%c. Potatoes— Shipments—Saturday 1.141, Sunday 40; arrivals 288; on track 494; supply liberal; demand and trading slow; market steady; Wisconsin, Minnesota and North Dakota Cobblers. [email protected]; Minnesota and North Dakota Red River Ohios, $1.15®1.25; Minnesota sandland section, partly graded, 95c®51.05; Nebraska Triumphs, [email protected]; Idaho Russets, $1.60®1.75. NEW YORK, Oct. 9.—Potatoes—Steady; Long Island. [email protected] per barrel; New Jersey, [email protected] per barrel; Maine. $1.75 @1.90 per barrel; Maine. [email protected] per barrel; Idaho. $2.40®2.75 per sack. Sweet Potatoes dull; Jersey basket, 50c@$l; Southern barrel. [email protected]: Southern basket, 40® 85c. Flour—Dull: springs patents, $6.25®6.40 per sack. Pork—Steady. Mess—slß.7s per barrel. Lard—Quiet. Middle West—Spot, [email protected] per 100 lbs. Dressed Poultry—Quiet; turkeys. 10® 27c: chickens. B@2lc: broilers, 10®22c; fowls. 9®l6c; ducks, 12@13c; Long Island ducks, 14® 15c. Live Poultry—Dull; geese, 6® 8c; turkeys. 15® 23c; roosters. 9c; ducks, 9@l2c; fowls. 8® 16c; chickens, 10@18c. Cheese—Quiet: state whole milk fancy o specials 20®21%c: Young America, 12% ®lß%c. Butter—Receipts. 7,386 packages; market, unsettled; creamery, higher than extras. 24% ® 25c: extra. 92 score, 24c; first, 90 to 91 score. 21®23c: first, 88 to 89 score 19® 20c; seconds, 18®18%c. Eggs —Receipts. 7.765 cases; market irregular: special packs, including unusual hennery selections. 24%@31%c: standards. 23® 24c: firsts. 1921 c: seconds. 17@T8c: mediums, 16@16%c; dirties, 15® 16c; checks. 13@14c. Other Livestock BY UNITED PRESS CHICAGO. Oct. 9.—Hogs—Receipts 25,000; directs 12.000; market 10@20c higner than Friday’s average; bulk 170-220 lbs., $5.40®5.50: top. $5.55: 230-300 lbs.. so@ 5.50: light lights. $3.25® 5.50: pigs. $5 dowm; packing sows, $3.65®4.35: light lights. 140160 lbs., good and choice. $5.10® 5.50; lightweights. 160-20 0 lbs., good and choice. $5.25®5.55: medium weights. 200-250 lbs.. 250-350 lbs., gooa and choice. $4.60®.0.40: packing sows. 275-550 lbs., medium and good and choice. $5.30®5.55: heavyweights choice. $3.35®4.50: slaughter pigs. 100-130 lbs., good and choice. $4®5.25. CattleReceipts. 15,000; calves, 1.500: generally fat steer and yearling market: strong to 25c higher; lightweight offerings, all grades, showing most upturn: narrow market for weightv bullocks, but comparatively few here; run comprised liberal supply native and western grassers; best fed steers sold early at $6.65 with mixed and heifer yearlings up to 56.50; she stock about steady; yearling stock up to $5.25; slaughter cattle and vealers: steers, 550-900 lbs., good and choice. $5.50® 6.75; 900-1,100 lbs., good and choice. ss® 6.75; 1.100-1.300 lbs., good and choice. $5.25®6.75: 1,300-1,500 lbs., good and choice. $5.25@'6.75: 550-1.300 lbs., common and medium. [email protected]: heifers, 550-750 lbs., good and choice. ss® 6.50; common and medium. $2.75®5; cows. good. 53®4.25: common and medium. 190-300 lbs., low cutter and cutter cows. sl2s® 1.90; bulls vear.ings excluded, good beef. s3® 3 50; cutter, common and medium. s2® 3; vealers. good and choice. 55.50®7; medium. $4.50® 5.25: cull and common, $3.50®4.50; Stocker and feeder cattle: steers. 550-1.050 lbs., good and choice. $4<55.25; common and medium. $2.50@4. Sheep—Receipts. 14,000: asking about 25®50c higher on fat lambs; bulk natives. $7.25®7.50: sheep steady: feeding lambs increased number. Slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. $6 50® 7.55; common and medium, [email protected]: ewes. 90-150 lbs., good and choice. $1.50 5 2.75: all weights, common and medium. Sl®2; feeding 50-75 lbs., good and choice. $6 CHICAGO FRUIT MARKET By United Press CHICAGO, Oct. 9—Apples—Michigan Jonathans, bushel. $1 Q 1 25: Hubbardston. bushel. 75c®SI. Pears—Michigan Keifers, bushel. 75c@Sl: No. 2. bushel. 506 65c. Carrots—lllinois, bunch. 2c. Eggplant— Illinois. 25® 50c. Spinach—lllinois. 30 350 c. Beans—lllinois, green. 51.50@ 1.75. Cabbage —Wisconsin crate. 75c%51. Tomatoes Michigan 12-quart. 30®65c. Grapes Michigan 12-quart. 20®23c: 4-quart. 10® 12c. Peaches—Colorado, box. 51.25tf11.35. Onion market; Idaho and Washington, Valentias, bushel. DO® 95c; Wisconsin, yellows. bushel. 60®67%c; Indiana, yellows, 60#67%c; Illinois, bushel. 60*t$7%c,
PORKER PRICES STEADY TO 10 CENTSJ.OWER Cattle Market Shows Dull Trading Range: Veals Unchanged. Two-way action developed in hog trading at the union stockyards this morning, underweights remained unchanged while other classes were mostly 10 cents lower than Saturday’s average. The bulk, 160 to 260 pounds, sold for $5.25 to $4.35, with some holding higher. Other grades scaling 260 to 300 pounds were selling from $4.85 to $5.15, while 130 to 160 pounds sold at $4.75 to $5.25. Light kinds weighing from 100 to 130 pounds brought $4 to $4.50. Receipts were estimated at 8,000. Holdovers, 330. Slaughter classes of steers in the cattle market were dull, with practically all quality plain. The market was not fully developed in the early trading and indications were weak to lower. Vealers held steady, selling at $6.50 down. Cattle receipts numbered 800; calves, 400. Lambs were selling around 25 cents lower than Friday’s average or steady at Saturday's close. Most classes sold at $7 down. Few common throwouts sold down to $3. Receipts were 1,000. Initial bids on hogs at Chicago moved around 10 to 15 cents higher than Friday’s average. The bulk of good choice kinds weighing from 170 to 220 pounds, sold at $5.30 to $5.50. Early top was $5.50. Receipts were estimated at 25,000, including 12,000 direct; holdovers, 1,000. Cattle receipts were 15,000; calves, 1,500; market steady to strong. Sheep receipts numbered 20,000; market strong. HOGS Oct. Bulk. Top. Receipts. 2. $5.15@ 5.30 $5.30 4,000 3. 5.45® 5.50 5.50 6,000 4. 5.25@ 5.40 5.40 6.500 5. 5.20®! 5.30 5.30 6,000 6. 5.15® 5.30 5.35 5,000 7. 5.25® 5.45 5.45 1,000 8. 5.25® 5.35 5.35 8.000 Market, lower. (140-160) Good and choice....s 5.00® 5.25 —Light Weights—-(l6o-180) Good and choice... 3.30 (180-200) Good and choice ... 3.30 • —Medium Weights—-(2oo-220) Good and choice... 3.35 (220-250) Good and choice... 5.30® 5.35 —Heavy Weights—-(2so-290) Good and choice... 4.95® 5.25 (290-350) Good and choice. .. 4.65® 4.85 —Packing Sows—(3so down) Good 3.85® 4.25 (350 up) Good 3.65 (All weights) medium 3.50® 3.85 —Slaughter Pigs—-(loo-130) Good and choice..., 4.00® 4.50 CATTLE Receipts, 800; market, lower. (1.050-1.100) — Good and choice $ 5.25® 6.50 Common and medium 3.25® 5.25 (1.100-1,500) Good and chioce 5.25® 6.60 Common and medium 4.00® 5.25 —Heifers—-(so-750) Good and choice 5.25® 6.50 Common and medium 3.00@ 5.25 (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 2.00® 3.00 Low cutter and medium I.oo® 2.00 —Bulls (yearlings excluded) Good (beef) 2.75® 3.25 Cutter, common and medium.. 1.75® 2.75 VEALERS Receipts, 400: market, steady. Good and choice $ 6.00® 6.50 Medium 4.00® 6.00 Cull and common 2.50® 4.00 —Calves—-(2so-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® 5.00 Common and medium 3.00® 4.25 (800-1.500) Good and choice 4.25® 5.00 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 1.000; market, lower. —Lambs—(9o lbs. down) good & choice $ 6.00® 7.00 (90 lbs .down) com. and med. 3.00® 6.00 —Ewes— Good and choice 1.75® 2.75 Common and medium I.oo® 1.75 Other Livestock BY UNITED PRESS EAST ST. LOUIS, 111.. Oct. 9.—Hogs— Receipts. 6,000; market, opened 10@15c higher; top. $5; bulk, 170-220 lbs., $5.40® 5.60; little action on weightier kinds; few around 320 lbs. at $5; bidding steady on pigs and light lights or $4.85®5.30 on 140160 lbs., and 54.10®4.65 on 110-130 lbs.; sows mostly $3.50®3.85. Cattle—Receipts, 5,500; calves, 2,500; market slow; indications about steady on steers; some of the better kinds of mixed yearlings and heifers opened steady, and early sales of cows unchanged; bulls steady and vealers 75c lower; mixed yearlings and heifers. $3.50® 5.50; cows. [email protected]; low cutters, Sl® 1.50; top sausage bulls. $2.60; bulk good and choice vealers, $6.25 with a few head at $6.50; slaughter steers. 550-1,100 lbs., good and choice, $5.25®,6.50: common and medium, $3®75.50; 1.100-1,500 lbs., choice s6® 6.50; good, $5.25® 6.25; medium, $3.75® 5.25. Sheep—Receipts. 2.500; market, a few choice lambs to city butchers steady to 25c higher at $6.75®7: lambs, 90 lbs. down. good and choice. s6@7; common and medium. [email protected]; yearling wethers, 90110 lbs., good and choice, s4®s: ewes, 90150 lbs., good and choice. [email protected]; all weights, common and medium, $1(52. „ PITTSBURGH. Oct. 9.—Hogs—Receipts, 2.300: active. 20c higher on 160-230 lb. butchers; tops. $5.80® 5.90: 220-250 lbs.. $5.50-3.5.90; 250-350 lbs.. 54.75W5.50: 125140 lbs.. $4.75® 5.25: pigs, slow- at s4® 4.d0; smooth sows. $4.25. Cattle—Receipts. 1.250, slow and lower: steers, quality improved over last week; nothing dow;n: asking up to $5.25 for best steers; medium kinds. $3.75®4.25: common down to 52.25; common to good heifers, $2.50® 4.10; good cows. $2.50® 3: bulls up to $3.50. Calves—Receipts. 800; steady to weak; bulk vealers. $7.50 and $8: mediums s6® 7: cull and common. s3® 5. Sheep— Receipts. 3.800; 15 cents higher than Friday on sorted 68-88 lbs., lambs, top earliest. $7.50; medium. 54.50®5.50; bucks. $6.50 down; ewes. $1®2.50: aged wethers up to $3. CLEVELAND. Oct. 9.—Cattle—Receipts. l.loO: market steady, considering quality: best cattle sold at $6.10: top with bulk of receipts bringing 6c a lb.; choice steers. $6.50® 7: common to good. 550-900 lbs.. $4 ®5.50: common to good. 900-1.200 lbs., $3.75®6.25: good heifers. $5®5.50: good cows. $3.25® 3.75; butchers. 53.25W3.75. Calves —Receipts. 550: market, active and fully steady; choice to prime upw’ards to $8.50: mostly $8: common. 53W3.50. Sheep —Receipts. 3.500: market, steady; all sold early; choice wethers. $2.50® 3.25: choice spring lambs, s7® 7.50: showing an increase of 25 cents towards too of last Friday; common and cull. s3®s. Hogs— Receipts. 1.700: market. 10c higher on light- receipts; all sold earlv. heavies. $5.25 ®5.35; choice butchers. 55.35®'5.60: light butchers and choice Yorkers. 55.60: stags. 52.25®2.50; roughs. 53.25® 3.50; pigs. $4.50. FT. WAYNE. Oct. 9.—Hogs—sc up: 200225 lbs.. $5.40: 225-250 lbs.. $5.25: 250-275 lbs.. $5.15: 275-300 lbs.. S5; 300-350 lbs.. $4.75: 160-200 lbs.. $5.30: 150-160 lbs., $5.05: 140-150 lbs.. 54.80: 130-140 lbs.. $4.55: 100-130 lbs.. 53.75W4; roughs. $3.50: stags, $2.25: calves and lambs. $6.50, EAST BUFFALO. Oct. 9—Hogs—On sale. 4.700: weights above 180 lbs., active, strong to 10c over Friday’s average: lighter weights rather slow, steady to 10c lower: bulk desirable. 180-220 lbs.. $5.80® 5.85: few. 230 lbs., selections. $6: 160-175 lbs., 55.50W5.75: 110-130 lbs.. 54.75W5.35. Cattle—Receipts. 1.750; strictly drvfeds very scarce .steady to 15c lower: good to choice. 56.25J56.75: grassy offerings about steadv with last week's full decline: Quality plain: fleshy steers and heifers. ss® 5.25: bulk grassers. 54W4.60: with common kinds downward to $3: fat cows. $2 85® 3.25: cutter grades. 51.35® 2: medium bulls. $2.75®3. Calves—Receipts. 650: vealers active steadv to weak: good to choice mainlv $8: few selections. 58.50: common and medium. s6® 7. Sheep—Receipts. 3.900: lambs active, steadv to 10c hieher: good to choice ewes and wethers. 57.60: mixed offerings. S7; medium kinds and fat bucks. 56.25W6.50: throwouts. [email protected]. By Times Speeiai LOUISVILLE. Oct. 9—Cattle—Receipts. 1.400: run includes liberal ouota steers with weight and fair supply she stock: trading very draggr. r.ot enough earlv sales to fully establish market: few light and handvweight steers and heifers about steady, with undertone weak to slightly lower on other slaughter classes except bulls, these 25c higher: few sales light and handvweight steers and heifers within a range of 53.50® 5.50: bulk steer cron of value to sell at $3.75 down: most beef cows. 52W2.50: low cutters and cutters. *1.25® 1.75: sausage bulls. $3 down: very little done on liberal supply of Stockers and feeders: most Hereford stock calves salable. $4.50® 4 75. Calves—Receipts. 800: Including around 350 stock calves: vealer markPt not established: most bids. 50c lower or $5.50 down. Hoes—Receipts. 800: market. 5c lower: 180-235 lbs.. $5 40 : 240-275 ibf . $4 95: 280 lbs. up. 54.70: 140-175 lbs.. $4.60: 135 lbs. down. $2.00; sows. $3 55: stocs. $2.50. Sheep—Receipts. 300: steadv: bulk medium to good lambs. s6® 6.50; choice eligible. *7: bucks mostly *s® 5.50: throwouts. $3.50® 4- fast ewes. $1 ®2: better stock ewes SG®7 per head. Receipts. Saturday. Cattle. 174: calves. 213; hoes. 1.007: sheep. 183. Shipments—Saturday—Calves, 274; sheep. 3X>
Columbia Bond Holders Expect Service Renewal on Rally in Peso’s Value Removal of Old Link Between Latin Currency and American Dollar Enables Monetary Unit to Rise. BY LEONARD ROGERS Times Special Writer American holders of $150,000,000 of Colombian departmental and municipal bonds, long in default, saw possibilities of service renewal last week in an announcement that the Colombian government had determined to remove the age-old link between the peso and the dollar to permit the South American republic’s currency to find its true valut in terms of other exchanges. American investors bought a total of $204,000,000 of Colombia bonds in the feverish bond selling days prior to 1929.
Interest on departmental and municipal bonds are in complete default now and the two outstanding national issues, aggregating $55,000,000, are being serviced with 2 per cent payments in cash and 4 per cent in noninterest bearing Colombian scrip. Export Tax Decreed New regulations governing foreign exchange transactions, being put into effect by the Bogota government in connection with severance of the peso and dollar, provide that exporters of coffee and other export items place at the disposal of the banco de la Republica, the central bank, 15 per cent of all export bills at a stipulated rate of 113 pesos per SIOO. Proceeds of this export tax will enable the national government to meet its own debt service obligations abroad, totalling $1,500,000 yearly, and, according to Lawrence E. Hoover, secretary of the Independent Bondholders Committee for Colombia, will net about $6,000,000 additional. Part of this surplus, he intimated, might be utilized to resume coupon payments on the defaulted departmental issues held in the United States. Assurance Lacking But one hitch appears in the program from the viewpoint of the thousands of American investors in Colombia’s bonds. “There is no actual assurance,” explained the bondholders’ secretary, “that the Bogota government will relocate this surplus of export bills to the debtor departments and municipalities. In the past there has been a distinguishable amount of discrimination against these interior bonds and it may be continued. “The new regulations will produce the necessary revenue, though, and if any attempt is made to utilize it for other purposes, the American bondholders have a legal right to take over the physical assets that were pledged as security of the loans.” Railroad as Security ' In this latter connection, Mr. Hoover pointed out that an excellent railroad, now profitably operating, was pledged on the seven bond issues outstanding against the Department of Antioqua in Colombia. “Earnings of this line,” the committee executive said, are running 200 to 900 per cent of bond interest requirements. Still these bonds have been in default since July, 1932.”
Newsreel Shows Giants’ Victory in World Series
Game Attempt of Senators to Rally Recorded in Current Film. Exciting scenes as- the Giants and Senators clashed for the baseball championship in the World’s Series before a huge crowd of notables, are to be seen in the current issue of The Times-Universal Newsreel. With the stands packed to capacity the Senators make a game but vain attempt to repulse the National League champions. Despite heroic efforts by Manager Joe Cronin and Goose Goslin, they fall victim to superior pitching ar.d a sudden bunching of hits by their National League opponents. Other important news events included in the current issue are scenes in Havana, Cuba, where artillery bombards the Hotel Nacional, refuge of deposed army officers, who finally fly the white flag of truce after terrific shell and machine gun fire takes a toll of fifty lives; President Roosevelt’s stirring speech before the National Conference of Catholic Charities in New York; thrilling views at Old Westbury, L. 1., as “Troublemaker” wins the thirty-fifth running of the Meadowbrook Cup race, and tense scenes in Austria as Chancellor Dollfuss, now recovering from a recent attempt upon his life, inspects the new border patrol troops and directs their occupation of the Tyrol frontier. GARBAGE COLLECTION SCHEDULE CONTINUED Sanitary Department to Maintain Program Through October. Unless an unseasonable break of weather makes a change necessary, the city sanitary department will continue the summer schedule of garbage and ash collections through October. Under the summer schedule, the department collects garbage twice a week and ashes and trash once every other week. This program would be reversed under the winter schedule. TWO MEN HURT IN FALLS Injury Victims Held by Police on Intoxication Charges. Two men charged by police with drunkenness were injured in falls last night. Dwight Curanick, 33, giving his address as the Y. M. C. A., incurred a small cut on the head when he fell in the 400 block Indiana avenue. Fred Hartman, 1330 Olive street, was cut on the head when he fell in the 1200 block Olive street. In the Air Weather conditions at 9 a. m. Southwest wind, eight miles an hour; temperature, 47; barometric preessure, 29.89 at sea level; general conditions, overcast; lower broken cloude; ceiling, 800 feet; visibility, seven miles.
LIPPMANN TO APPEAR AGAIN IN THE TIMES Articles by Famous Writer Begin Tuesday on Financial Page. Walter Lippmann has returned from his vacation, and beginning tomorrow (Tuesday) again will contribute four articles each week to The Indianapolis Times. If you have never read Walter Lippmann you have a great, new experience in store for you, Mr. Lippmann has been called “unofficial adviser to the American people.” Through his column “To--day and Tomorrow” he clarifies and vitalizes outstanding public questions of the day. Mr. Lippmann’s is the extraordinary power to penetrate to the heart of a subject and to make its meaning clear to you. His views may not always be yours, but after reading Mr. Lippmann’s column you will appreciate the new angles, new color and information he has given you about any subject on which he writes. While Mr. Lippmann has been away from his followers, matters of vital importance have come before the nation. To know what is happening along the lines of inflation, prohibition repeal, NRA, intervention in Cuba, or an interpretation of the latest political move turn to Walter Lippmann articles in The Indianapolis Times. Don’t miss a single one of the Lippmann articles. Join his great audience. Read his first column of the week in tomorrow’s Indianapolis Times. Mr. Lippmann and the Hon. Ruth Bryan Owens are scheduled to speak before the third annual women’s conference on current problems Thursday over WKBF and the NBC network from 9:45 to 10:15 a. m. Mr. Lippmann will speak on “World Trends” and Mrs. Owens, minister to Denmark, speaking from London, will talk on ‘“The Place of Women in the Present Crisis.”
POOR BASKET FOE HAILS NEW SYSTEM Store Order Plan Adopted by County Praised. Gratification over the change in handling Marion county poor relief from a basket to a store order system was expressed today by Louis R. Markun, former state representative, who attacked the former plan in an investigation several months ago. The new order system is hailed by Mr. Markun as “the first real effort to better the care of unfortunates.” All townships in the county are expected to follow the lead of Miss Hannah Noone, Center township trustee, in installing the order plan. In a report of his investigation, Mr. Markun charged that a monopoly existed in providing baskets and that the quality of the food was poor. “Now indigent families will enjoy for the first time in months wellbalanced meals of fresh milk, butter, fresh meat and vegetables,” Mr. Markun declared. RAID ON STAG PARTY BRINGS CLUB RULING Hoosier Athletic Directors Ban Use of Rooms Without Investigation. A raid by Indianapolis police several days ago on a stag party at the Hoosier Athletic Club has brought announcement from the club board of directors that hereafter the club will not be rented to any outside organization until a thorough investigation of the type of program to be presented, has been made. At a special meeting of the board, a statement was issued expressing regret at the unfavorable publicity given the organization in view of the raid.
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
PAGE 9
WHEAT MARKET MOVES OFF IN SLOWSESSIDN Corn, Oats Unchanged to Fractionally Lower; Rye Strong. BY HARMAN W. NICHOLS I nitcd Tress Staff Correspondent CHICAGO, Oct. 9.—Wheat fell off fracitonally at the opening of the Board of Trade today. Futures were down % to % cent; corn was down unchanged to down % cent, and oats were off % to a i cent. Rye was stronger, % to % cent. Operators indicated all declines would be met with more support. Practically all of the advance in wheat realized with inflation talk was lost when liquidation set in last week. Activity of late has been at a slow rate. Liverpool was fractionally higher today. With corn plunging nearly IQ cents during last week, at the extremes, it was believed this grain is now in a position to rally with any constructive news. Since the oats crop is the smallest in recent years, operators believed this grain the best purchase at the present time. Oats have worked into a sound technical position at the new love figures. Chicago Futures Range WHEAT— — ° ct - p rcv> High. Low. 10:00 close. Dec .86% .85 .854, ggi,; May .90% .89% .89% .90% July ;. .89% .87% .88% .89)4 CORN—PTC , u . .42 .41% .41% .41% May flr, .48’, .48 ,48 3 b 48% July .50% .50’4 .50% .50% OATS— Dec .32% .32% .32% .33% May i, .37 .35% .36% 37% JI, RYE-l" 34 " 34 • 34 '' t •**’ Dec 60 .59% .59% .59% May 67'4 .66% .66% .66% BARLEY— 4 Dec.- 51% INDIANAPOLIS WAGON WHEAT City grain elevators are caving 74 cent# for No. 2 son rea wheat. Otner grade# on their merits. Chicago Primary Receipts —Oct. 7 —Bushels— .... . Today Lask week Wheat 715.000 563.000 Com 1.195,000 614,000 Oats 208.000 261,000 CHICAGO CASH GRAIN By United Press ,„P Oct. 7.- Cash grain close: Wheat—No. 2 smutty. 80%c; No. 2 mixed. 83%c. Corn—No. 2 mixed, 35®37%c: No. 3 mixed. 33%c; No. 5 mixed, 32c No. I yellow, 37%®38c; No. 2 yellow. 35%®38c: No. 3 yellow. 35%®36%c; No. 5 yellow! 32c: No. 2 white, 38c; No. 3.35 c; No. & white, 31c; sample, 30c. Oats—No 2 white. 28%®29%c: No. 3 white. 27%®29csample. 26%®28c Timothy—ss,7s6.2s. Rye—No. 1. 61c. Barley—so®77c. Clover —Seed, sß® 12. Cash provisions—Lard. $5.40; loose. $5.15: leaf. $5; D. S. bellies, $5.75.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: O. M. Dale. Martinsville, Ind., Chrysler sedan, 250-981. from Martinsdale, Ina' Rav L. Urich, 19 West Twenty-fourth street. Chrysler roadster, from 2200 Pierson street. Cora Miller. 401 West Thirty-second street. Chevrolet coach 61-747, from aarage in the rear of 401 West Thirty-sec-ond street. H. H. Diffendorfer. Knightstown, Ind., Chevrolet coudp 350-953, from In front 01 residence in Knightstown, Ind. Paul Taylor. 1150 Tecumseh street. Chevrolet sedan from garage in rear of 1150 Tecumseh street.
BACK HOME AGAIN
Stolen automobiles recovered by nolle# belong to: Edward Fox, 1714 South Delaware street. Ford roadster, found in front of 1125 South Illinois street. State of Indiana. Plymouth sedan, found at Market and Liberty streets. Raymond Sigler. 1539 West Market street. Chevrolet coach, found at East and Washington streets. Will Reed, 2330 Scofield avenue, Nash sedan, found at Hovey and Twenty-second streets. Arlis Blakely, 604 East Twelfth stret. Chrysler roadster, found at 323 Hanson avenue. Henry Davis. 1226 North Mount street. Ford coupe, found in rear of 831 East Maryland street. De Soto sedan, motor number S-A-20624 no license plates, found In rear of 70$ Virginia avenue. O. H. Dunn. R R. 2. Box 598. Ford roadster, found in rear of 1503 North Pennsylvania stret. Ethel Hall, 427 North Bradley avenue. Ford coupe, found In front of 900 North Bradley avenue.
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son-3o per OV/= MONTH Compare This 16 Months Finance S4OB Balance New Fords, Chevrolet, Plymouth thislncludes Liability, Property Damage, Fire, Theft, Tornado and $50.00 Deductible Collision INSURANCE GREGORY & APPEL INCORPORATED 247 N. Penn. St. Lincoln 7491
