Indianapolis Times, Volume 46, Number 79, Indianapolis, Marion County, 11 August 1934 — Page 9

AUG. 11, 103-f

Wall Street Speculators Get Better Run for Their Money in Commodities. —BY RAI.PH HENDERSHOT Tin** strnal lmnrll Writer American speculators undoubtedly have turned from stocks to commodities. is evidenced bv the sharp drop in dealings on the New York Stock Exchange and the corresponding increase in the turnover in the leading commodities, f' pe ;ally the grains. And, from ;;.l Indications, these speculators are getting a bet-

ter run for their mon r y in commod.ties than they had been getting in stocks. One is no: obliged to look far to dtscover the rcaon for the switch in interest. The new law which was ena ct e and bv the last congress seeking to regti late the security

mi-. ta Hr* j

Ilendrrvhot

exchange.' has placed such a hedge around speculative operations that the opportunity for manipulations has been about eliminated. Moreover. the exchangf have been rritirised so much during the last few months and the markets have acted an badly that the public appears to have lost intere t in stock trading. Another factor, of course, is the uncertainty surrounding business. Speculators like to have a rather rlrar-cut picture of a situation before taking large positions, and they have that in grain and many other commodities and lark it m stocks. The drought and the artificial crop Imitations by the government have brought about a shortage of grains which would seem to forecast higher prices. a a a II rHETHER ’he switch of spccuW lative affections will be a poor! thing for the country remains to be seen. The administration has expressed a desire for higher commodity prices to aid the farmers, and no doubt so long as the trend of commodity futures is upward no complaints will be forthcoming But every speculative excess hreeds trouble. Excessive price mtreases bung sharp declines. What will the government have to say when and if commodity prices take a plunge downward? What will the farmers say? Will an attempt bo made to regulate the commodity exchanges at sonic later date? Will the government ever catch up with the speculator, and will it be a good thing if it docs? n u tt WALL Street continues to watch every move of President Roosevelt very closely for some hint as to his future financial policy. Europe apparently also is deeply concerned over his actions. Recently France sold dollars on the theory, so it was said, that the United States is headed for inflation. London was understood to hold different ideas. a b tt THE Street is unable to make up its mind how the cat is likely to jump. It expects inflation sooner or later, but it doesn't have any definite idea when it will come. Artificial inflation and government financing do not mix so well, so many in the financial district think that in view of the expected government financing inflation will be postponed for a few months at least. N. Y. Coffee, Sugar Futures All* I*— conrr. Huh Cin'r Mirch I!!i 1121 1122 Mit 11 34 11 24 11 26 JU'T 11 30 September 14 08 11 04 11 04 IVrrabfr ......... 11 22 1114 11.14 Rio Jumiorr *4B * 44 * 44 March K S2 A 47 * 49 Mar 8 > S3 2 8 56 Julv . ............. S 64 September S 2S 8 2V 8 28 December ....... ... 840 838 8-38 St OAR —Au*. 10 - Huh Loir. Close January ............. 188 188 186 Mirch 1 93 1 89 1 a Mar 1 97 1 93 7 3A Julv 2 01 1 97 2 01 fteptemher 179 178 179 December 1 *7 1 86 1 86 In the Cotton Markets— Aue. 10 CHICAGO Huh. Low O'" January 14 01 13 *3 13 91 Mirch 14 14 n .io !4 oo Mar 14 20 14 OR 14 08 October ................ 13 80 13 87 13.67 December 13 97 13 80 13 84 NEW YORK Januarr 1.3 38 13 78 13 R 1 March 14 07 13 90 13 32 Mar 14 13 13 93 13 99 Julv 14 1 6 1 4 *3O 14 0 3 October 13 77 13 *0 13 63 December .. . . 13 90 13 72 13.75 NEW ORLEANS January 13 90 13 so 13 ro March 14 00 13 89 13 89 MV 14 09 13 94 13 94 Julv 13 99 October 13 73 13 M 13 58 December 13 88 13 71 13,72 Retail Coal Prices The following pr:c”s represent quofg'lons from leading Indianapolis coai coalers. A cash, ciscount ot 25 cents r>er ton Is allowed. A 25-ccnt carrying charge per ton mui be added: DOMESTIC RETAIL rRICES Anthracite sl3.v© Brazil Lump V 90 Bra.-Il Fge 590 Bran! Mine Run 5.1S Cose. Nut Sue 8 50 Co*?. Eg* Sire 8 35 Indiana Forked Lump No. 4 and 6. 575 Indiana Egg ... 5.75 Kentucky Lump. Group **B” 7 15 Pocahontas Lump 8 25 rocahontas Fee 8.35 JVcahor.ta* Mine Run 700 New River Smekles* 8.00 Births Bora Jacob and Marr Herald. St. Vincent's hospital. Walter and Cota Goodin. 528 East Rar. Rior.d Charles and Edna Ebrrg St Vincent s hormtai Car’, and Lucille Mrver. St Vincent's hospital. PhiLo and Marv Rueff St. Vincent's hospital Leo and Kathrrn Mahcnev St Vincent's hospital Robert and Ruth Ritter. St. Vincent's herri’al. Slater and Ruth Bartiow St Vincent'* hc'Pital Sherrill and Nellie White Coleman hoapita! William and Mav Weaver. Coleman hospital Wilber and Marc*ret Coleman. Coleman hospital. Paul and Marr Summers. Coieman hospital. Kenneth and Katherine Pitrer. Coleman hospital. V aditntr and Alexander Medttch Coleirap. hoaoita! Claude and Lenetta Keesline Co'.emaa hospital _ , Joe and Pauline Davit. Co.eman hos*SUL Gir,. Carl and Neva Boehm St. Vincents Leo anti Etta S.jmin 5* Vincent i hospital John and Cathieen Miller. Coleman hosr William and Thelma Rboaaa. 2054 North Dearborn. Twloe Wayne and Mary Walden. 8L Vincent'* hospital iciris).

SILVER SHARES DROP SHARPLY; OTHERS WEAK Railroad Issues Slump 2 Points Under Late Pressure. % BY ELMER C. WALZF.R I niter! Prc'3 financial Editor NEW YORK Aug. 11. —Wall Stree? got over its silver enthusiasm in lc 5 than a day. The stock market turned lethargic with prices sagging; bonds were mixed with United State, governments down sharply; cotton lost SI a bale and ■ the dollar rallied after an early de- j cline. Traders had misinterpreted the treasury announcement on silver nationalization Thursday and had overbought the silver mining sanes. The latter in no way profit by the nationalization plan, since the price paid for new-ly mined silver remains at 64 s cents, and there :.a.s been no indication of a change. Foreign traders who viewed the plan as inflationary and sold the dollar covered to some extent today. and a moderate rally ensued a further decline in early j dealings. Business New* Mixed Longs in grains took the oppor- j tunity to take profits. So did those who had profits in rubber, cotton and copper futures. Silk, lead and hides firmed. Business news was mixed today with a better than seasonal showing in car loadings and building and a wider than anticipated drop in July shipments of United States Steel Corporation. In the silver mining section of th-' Stock Exchange. United States Smelting broke to 133'j, off (Mints; American Smelting 36 i, off 2; Cerro De Pasco 39’i. off 1%, and Howe Sound 52 i, off 2 ! h. Gold mining shares were down a point or more, except Homestake which made up a loss incurred in the preceding session. Railroads resumed their decline in the face of the weekly car loadings report for the week ended last Saturday. It showed loadings of 611.298 cars, a rise of 2.450 over the previous week at a time when a decline would be seasonal. Union Pacific fell back to 92 \ while Now York Central, and Southern Pacific were down a point or so. Announcement of the United States Steel shipments of finished steel came out at noon, showing a total of only 369 938 tons, down 615.390 tons or 62 46 per cent from the June total. The stock of the corporation hold steady for a time, but broke late in the day to around 33. against a previous close of 35. National Steel. Republic and Bethlehem made corresponding losses. Copper Shares Slip Copper shares slipped back with the other miners. Should there be heavy production of silver, a copper by-product in many mines, copper stocks would increase sharply, jeopardizing the price of that metal. Late in the day pressure developed in the autmobile section. Auburn automobile dropped more than 2 points. Chrysler lost nearly 2 points and General Motors more than a point. Stock sales approximated 770.000 shares agamst 1.420.000 shares Thursday. Curb sales were 146.000 shares against 202.000 shares Thursday. Dow Jones preliminary closing averages; industrial 89.66. off 168; railroad 33.77, off 0.83: utility 20.36, off 0.33. Money and Exchange INDI AN APOLIS B INK CLEARINGS —Aug. 19— C r, -;ng* $1.849 000 00 Debits 4.343,000.00 FOREIGN EXCHANGE (By Abbott. Hoppin & Cos.) —Aug. 10— Close. Sterling England $5 09 Franc. France 0667 Lira. Italv 0868', Belc’as Brig: :m -2375 Mark Germanv ;9fi3 Guilder. Holland 6850 Reset*. Spain l' R 3 Krone. Norwav f 2563 Krone. Denmark 2 -‘‘ Treasury Statement (Bv United Pressl WASHINGTON. Aug 10.— Government expenses r,nd receipts of the current fiscal vear to Aug 8 compared with the corresponding _ period of the previous fisca. Expenses . $ 624.262 971 74 $7. . 286.6, R 9, Receipts . 329.751.312 61 299 676.159.11 Deft,’ . 294 511 659.13 147.610.513 85 Cash Bal . 2.352,359.457 58 Investment Trust Shares (Bv Abbott. Hoppin .WCo.l —Aug. 10— B;d. Ask. Amer Bank S-ocks Ccrp 102 106 Amer A: General Sec <A> 2 50 450 Amer A- Inv Tr Sh 1 Bas e Industrv Shares -90 3.00 British Tvpe Inv Tr Sh 30 38 Collateral Trustee Sh (A 1 •••4 50 4.0 Corporate Trust Shares o.o!.. 182 186 Corporate Trust Sh new i 208 213 Cumulative Trust Shares .... 3 n 36a Dive: .tied Trust Sh iA>. •■•o2a .... Diver--.tied Trust Shares B>.. 68. -- • Di'er-.tied Trial Shares iC' .. 2.3 *BO Diversified Trust Shares D'. 420 43a Firs- Insurance Stock Corp ... .a0 1 Fre Common Stock Corp ... 5- .3, r \ed Tr:-: lOi Shares At... 712 Fixed Tr..-’ Oil Sh BB' ... 612 Fundamental Investor*. 1nc.... 1 .. l-<5 Incorporators Investments ....16 00 ih -a land Bank Bond Shares 1114 12. Low Priced Trust Shares 5.0a 51a Mass Inv Trust Shares 1. .a 18 1Nation Wide Securities 294 -39 North Am Trust Sh ■ 51* .. • 1.2 . - ! North Am Trust Shares '3-o 6i -10 214 No Am Trust Shares i'oID - U 2.16 Selec'ed Amer Shares 2 2. . Sr.c*v *fd Amer Shares Inc .... *O3 113 Selected Cumulative Shares •J JO . Selected Income Shares ... 311 3^ Std Amr Trust Shares A>-- *6 2>3 Trust Shares of America 2aa 264 Trustee S’d Oil A* 520 540 Trustee Std 10l .B 465 480 V S Flee Lt .v Pwr A I’- 2* 117* Universal Trust Shares 270 2.75 New York Bank Stocks Bv Abbott. Hoppin & Cos > —Aug. 10 Bid Ask. Barkers 515* 51’, Brooklyn Trust 86 89 Central Hanover 176 126 Chase National ’• 25 ; ; 26 Chemical 41’, 41’, National C.’v 23’, 24 Carr. Exchange 48 48 Continental 12 12!u Empire 73 lit First National 1525 1545 Guarar.lv 336 338 Irving 16 16’, Manhatten 28’, OS’, Manufactures 20 20’. New York Trust 98 98 Public 80 2 31 Daily Price Index Bv United PressNEW YORK Aue 10 -Dut* A- Bradstreet s dailv weighted price index of thirtv basic commodities compiled for the United Press G 930-1932 Averag* loot Todav <r.ew 1934 highi 120 02 Ye&terdav 119 83 Week ago 115 92 Month ago 111.77 Year a*o (Au*. lit 104 05 1934 high .Aug 10 120 02 1934 law .Jan 3> 101 05 CoDirwbt. 1934. by Dun 6i Bradstxeet, Inc.

New York Stocks

AVERAGE STOCK PRICES FOR THURSDAY Net High Low Close Chance | Thirty industrials 91.80 86.62 91.3 t -2.37 ; Twenty rails .4.97 33.19 34.65 '-r.<2 Twenty utilities 20.76 19.48 20.69 -r.50 I Forty bonds 92.81 .36 ; Ten first rails 100.27 .59 Ten second rails 75.11 —.60 Ten utilities 98.67 —.12 Ten industrials 97.21 —.13 - Off. m Up.

—Aug. 10— Pres. Oil,— High. Lew. Close, close. Amerada 46 a 45’, 45’, 46‘a Atl Rfz 25 24’, 24’a 24’, Bamsaall 7 6’, 6", 7 Consol Oil 9 B', 9 3’, Cont of D"1 ... 19 18’, 18• a 18Va Houston new).. . 3’, Houston .old ... 16’ 13’, 15’, IS* a Indian Rfg ... .■ - 2’, Mid Com Pet ... 11 11 Ohio Oil in’, 9’, 9’, 10 Pet Corp 10 9’, 9’, 9’j Phillips Pf’ 17’, 16 , 16’, 17 Plymouth Oil .. 9'. 9’, 9’ 9', Pure Oil B', 8 a S’, P.oval Dutch ... 34’, 34', Rbd Oil 26’, 26' 3 26'a 26’, Shell Un 7’, 7 7 7‘ Skelley Oil 8. Soc Vac 14’, 14 , 14 , 14 , SO of Ca! 34', 33 ’ 2 34 33', SOof N J 44’, 43’, 43’, 44’, Sun Oil • 64 64', Texas Corp 22*. 22 22 22 2 Tidewater Assn. TO', 9 7 , 9’, 10', Ur. O.i of Cal .. 15’, 15’, 15’, 16 Steel,— Am Roll Mills .. 17 . 16'a 16’, 17’, Be-.h Steel 28’, 27'2 27'2 28-, Byers AM. 17’, - 16'2 16’, 16J' Col Fuel A: Iron s’ 6'a s'a 5 '2 Crup Steel . • 13 1 Inland S'eel ... 38' 2 37' 2 37'j L'idlum Steel 13 12’, 13 1271, McKeesport Tin . • 86 86 Mid S’eel B'-, B’, 8’ B', Natl Steel 39’, 33’, 38’, 38’, Otis Steel . .. 4’* 4;, Rep Iron A - Steel 14’, 13'2 13'3 14', Rep Ir A- St pfd . 42 40'2 Tj S Pipe A: Kdv 18’, 18’, IS', ;B’, V 8 Steel ... 34’, 33 33 35 U S Steel pfd... 80'2 78 78 82 Warren Bros .. . ■ 6’l> 7 Youngs'n SA: T 17', 16'2 16’* 17 Motors— Auburn 20’, 18'2 lS'i 20’, Chrysler 30’, 30’, 30’, 32'2 Gen Motors . 30', 29'* 39', 30 Gen Motors pfd .. 102’, Graham Mot 2 I’, 2 2 Hudson 8 7'a 7'b 7>b Hupp 2’, 2'* 2 1 * 2’, Mack Truck .. .1 24', 24 24 24 Nash 14 14'* 14'.* 14’a Packard 3', 33 3 Reo 2’, 2 1 3 2’b 2'.2 Studebaker ... 3 2’, 2’, 3 Yellow Truck .. 3’, 3'2 31a 3 * Motor Access— Bendix 13‘, 12', 13', 13', Bohn Alum .... 54 52'2 52'2 53’, Bore Warner 20 1 3 19'j 192 20 Briggs 16'* 15’* 15', 16 Budd Wheel .... . 2’* 2’, Eaton Mfe Flee Auto Lite .. 17’, 17', 17', 18 Houdaille A" 4 3’ 4 3, Mullins Mfg - 7'* ATuilins Mfe pfd. . ... 24 22 Murrav Bodv .... s'* 5 5 5 , Stew Warner ... • ‘ Timken Roil .... 27’, 26 26 27 _, Timken Det Axel o’, s*, s’, ola Mining— Alaska Jun ... 21', 20’, 20’, 21', Am Metals 20’, 19'2 20 20'2 Am Smelt 38 36’, 36’* 38’4 Anaconda 13 12’a 12’, 13 Cai A Herla .. . 3’, 3 Cerro De Pasco .40 • 39 39 40 ‘s Dome Mines ... 44’, 43’h 43’, 45 Granbv B'a 7 , J C.i Nor Ore 10'2 10 Homestake Min. • • 430 425 Howe Sound .. 54 52’, 52’, 54’, Ins Copper .... . 4 4 Int Nickel 25' '2 25 2a 25 2 Int Silver .■ ■ 27J, 2a I I Creek Coal.. 29'2 29 29 29 2 Kennccott Cop . 20', 19’* 19’, 20'., Mclntyre Mine.. 48', 47’, 47’, 45 Noranda Cop ... 4C: 43 1 2 43'a 45 Park Utah 4’, 4', 4', 4’, Plielps Dodge . 16'* IS', 16', 16’a St Joe Lead ... 19', 18’, 18’, 19 IT S Smelters . 136', 133 133 137 Vanadium 19 lT'b 17’s 17'.2 Amusements— Croslev Radio .. 15’, Fox Theater .... 10’, 10'* 10'i 10', Loews Inc 27- 25 26', 27’, Radio Corp .... s’, a'b s’s a’4 KRO 2 2 Warner Bros ... 4' 4 4 3 s Tobaccos— Am Snuff . . 60 ... Am Sum Tob ..17 17 17 17 Am Tob “A" ... . 73'i 72 Am Tob "B'* ... 75 74 74’2 74',2 Gen Ciears 41 1 , . . Llg & My ' B" .. ... 95Js 95 Lorillard . ... 17', 17 • 2 17’, 17-’i Rcvn Tob “B”.. Rails— Atchison 49 46’i, 46’* 49’e Atl Cos Lines .. 27 26'- 26'a 28 B & O 16 15 151a 15’, Can Pac 14 13’s 14 14°, Ch & Ohio 43 42’a 42 i 42’, Chi At G W 2 2 Chi & G W pfd. . . . 4’s 4Va C M & S P • • ■ 3’, 3'a 3', 3', C M & S P pfd s', 4’ g 4’s 4’, Chi N W 6' B 6 6 6 Dela At Hud . • . 39’, Del Lac & W .. 16’, 16 16H 16’, Erie 13'a 12’ 2 12' 3 131a Erie pfd 18 18', 18‘* 18 Ort Northern pfd 14’, 14 14 , 14’, 111 Central 16'., 15 1 a 15*2 16’, K C Sou 8 1 , Lehigh Valley... 11'2 11 11 HI4 IjOU & Nash .... .. 43 41 M K At T 6'i 6 6 6 M K At T pfd... 15' 2 15 15 Is?s Mo Pac ... 2'2 Mo Pac pfd 3’, 3',2 N Y Cent ... 22”* 20’a 20’, 22 NY CASt L pfd 20' 20 20’s 19' 2 N Y New Haven 10'2 10 10 10’, NY Ont A West • • Nor Pac 17 16 16 16>, Penn R R 22’, 22 22 22'.. Reading • 35', . Sou Par 17’, 16’, 16’, li , Sou R R ... 15 14’, 14'* 15 Sou R R pfd.... 18’2 17'j 18', 18’, Union Pac 94'2 92'.2 92’, 9o', Wabash 2 • - _ West Maryland . 9', B’, 81, B'a Equipments— Allis Chalmers.. 13 12”, 13 13 Am Brake Shoe 22', 22 22'i 22'a Am Car A Fdy.. 16', 15', 15' 2 16U Am Loco • 1712 17 Am Mach A Fdy 13’, 13’a 13’, 13'* Am Steel Edy.. 13', 13 13'* tj'" Bald Loco ... 7 7’* 7’, .•* Bald I/Oeo pfd.. 33 30 30 33 Burroughs .... ll’s H'i ll'i 11 2 Case J I 40 39 39', 40' 2 Cater Tract .... 27 26 27’, 26’, Deere A Cos 14’, 14 14 14’, Foster Wheeler 11’, ll'i 11'2 11 ’s Gen Am Tank C 31 30 30 32 Gen Elec ... 89', 83’, 88’* 19’* Ingsol Rand ... 54' 2 Int Bus Mach 134 .... Int Harvester .... .. 26'2 26^, Natl Cash Reg.. 14>2 14'* 14', 13’, Pullman Inc ... ,1 4n'j 40'z 40'8 Rem Rand 9 B’, 8 , 9 Und Elliot , 45 West Air B 17'* 17 i 17 2 17 a Westingh Elec . 32’s 31'* 31', a>3' s Worthingn Pmp .. '••• 11 Utilities — Am A For Pwr 6'r s’, s’i 6'i Am Pow A Lit . s’r s', 5 , 5 * NX AT Ill's 109'2 109’, 111’, Am Wat Wks . 18 16'* 16'* 16 Brook Un Gas. . .. 60 59‘2 Col Gas A Elec . 9’2 9 9'* 9' 2 Col G A E pfd . . • 66 66 Com A Sou Consol Gas .. 28’, 27’, 27’, 28 E’.ec Pwr A Lit . 4 * 4', 4-, 4 EP A L Pfd ... 8 S'2 B'a 8 , Int Hydro Elec .. 4 4, Int TAT 10', 9'a 9-2 9’s Lou GAEA ... 14', 14* 14_.- 13', Nat Pwr A Lit .. 8 2 B'. B’, u North Amer .... 14'a 13’2 13', 14 Pac G A E 16 15', Peoples Gas ... -4 a . Postal Tel ofd .. 14', 14 14 13 2 Pub Serv N J .. 33 33 33 33 So Ca! Edison .... •• 14 14' Std Gas 9 B', 8 2 B’, Std Gas Did ... 9 B’j B's 8 , Stone A Webster. 6 s', s’, 5 , United Coro ... 4', 4 4 , 4 l'n Gas Inn . la 1 * 14 s 14’, 15'* Ul Pwr A Lit A. . ■ ■ 2 1 4 2 Western Union . 36 3o 35 36!, Rubbers — IS 3 * IS 1 4 J? Goodrich 11 ! * IOJa 10*2 J* Goodvcar 22"s 21' -1 • 23 Kelley Spring... - • U S rubber 16 4 15 2 1j.2 16 U S Rubber pfd. 37'a 30 ! 2 35-2 38 Miscellaneous— Am Bank Note . • :• J* Am Can 96 94', 94', 9o ! , Brklvn Man Tr 42 2 41', 41’, 41 * Conti Can .78', 7. *8 .o', Curtiss Pub .... 18-, 18 18 l.a Curtis Pub pfd . 77'a 77 77 .6 Eastman Kodka 9898 98 98 Gillette ll' 11’2 11'2 11;’ G'.idden ... 23', 22’, -2 -3 , Inter Rap Tr .. 10 2 9 9', 9-* Owens Botr.e .... ••• 75. *, Rftvbes M U 4 11 Foods — Am S ? x Armour A” 5 1 2 ,5-* .J 2 B<'3t Cream la 14 l4;. 14 Borden Prod ..26 24 , -a; * -g Cal Packing • 39n 38 , 38., 39 , Can Du G A,e . 16>* 15', 15;, 16 Coca Cola Cont Bak A * * ... ■..- ' .... Corn Prod ... 5. OB * 58 , Crm of Wheat 3 s, Cub Am Sue ... .’a <’ • • ,' ; 4 Gen Foods 29 , 29 t .9., - Gold Dv.st 18 !• • 1’ * If.’ G W Sug 34 * 3 -•* 32 , 34 , Int Salt - 8 - Naif BDcui* •• ; ?3'j . ’?2 ! '• 7 sir! rii i :■ v! :■ United Fruit • ... 70’, .0 i0 .0 2 Wriglev 64 64 Retail Stares— Asso Drv Goods 10'a 10'* 10', 9 4 Best ACo ’J. 31 First Natl Stores 66 So , os', 6. Gimbel Bros ... 3'* 33 3 , Gr Un Tea -. 5 4’. 4. 4-, Hahn Dept Su.. 4H 4V, 4•* 4S Kresge S S ... 17‘. 17', 1;’. D'a Kroger Groc 28. -9 Macv R H ♦ 39' : 3*2 ’O', Marshall Fields 10S 10 10 10’, Mv Dept St ...j,' 36 34', Mont Ward *u3 22', .2 1 * 23

THE INDIANAPOLIS TIMES

Natl Tea 10', 9’* 30 9‘. Pennev J C .... .. 57' 2 57-, Safeway St ... 46' a 46’-, 46'2 4o , Sears Roebuck .. 34'2 33' 3 33’2 35 Woolworth 49', 49 49’, 49'2 Aviation— Aviation Corp .. s', 4’, 4', 5 Curtiss Wright. . 3 2', 33 Curtis Wr A ... S', B’, Bs,8 s , B', Douglat Air 184, 17', 17'2 17’, Nor Am Av .... 4 3', 3' 3’, Speery Corp .. 8 , 7’, 7’, S', United Aircraft. 16’. 15’ a 15’. 16', Wright Aero 46’* 47’ Chemicals — Air Reduction 97’ 3 98 Allied Chem . 129 127 127', 129 Am Com Alcohol 26'2 25'* 25', 26’ u Col Carbon 68 67 •, Com Solvents .. 19 18’, 18', 19 Dupont .... 89', 87', 87’, 84', Freeport Tex ... 30 29', 30 29', Liquid Carb 22 21 21 22 Math Alkali . 28 27 27', 27'; Montosonta Ch 50 49’i 50 50’, Natl Dis i new 1.. 13' i 18' a 18' a 19'.* Schenelev Dist.. 2! '2o' 2 21 21 Tex Gulf Sulph . 32'4 3P, 32 31', Union Carbide 41 \ 40'a 40', 40‘, U S Indu Alcohol 38', 38 38’, 38' a Virg Ch 61i pfd 14 '■ x 14 Drugs— Cotv Inc 5 4’* 4-r* 5 Lambert 24 23’, Lehn A Fink 17U 17’; Un Drug 12'* 11 ’ 2 Zonite Prod.... 4 3'j 3’, 4 Financial— Adams Exp . ... 7'* 6’, 6', 7'i Allegheny Corp.. 2', 2 2', ... Am Int Corp ... 6 3 , 6’j 6' 2 6 Chesa Corp ... 39', 39 39', 39', Lehman Corp ... . .. 67', 67' t Transamerica.... 6', s', 6 6‘, Tr Conti Corp.. 4’, 4 4 3's Building— Am Radiator ... 12’* ll’i ll’i 12 s , Gen Asphalt ... 15', 14'* 14', 14'a Int Cement ... 22', 22'2 20' 3 20', Johns Manville 42', 41 41 43 Libbv Owens Gls 27’, 27’i 27'i 28', Otis Elev 14’, 14’2 14',2 14', Household— Col Pal Peet 14', 14’i 14’, 14’a Congoleum 27'* 271, 27',, 27', Kelvinator .... 12'2 12 12 12',2 Mohawk Carpet. . . 15', 17 Proc A Gamble 36'2 36 36' a 36’ 2 Simmons Bod. 10's 10 1 2 10'2 10’, Textiles— Amer Woolen ... 9’, B’i B', 9’, Belding Hem .. 11’, 11*, Celanese Corp .. 21’, 20’i 20"’, 22 Collins Aikrnan 12', 11*, 11’, 12’, Gotham Hose .. • . 5' 2 5 Indus Ravon ... 23’i 22'2 22', 21’, New York Curb (By Abbott, Hoppin A Cos.) —Aug. 10— Close.| Close Allied Mills . 7',, Glen Alden Coal 20 Alum Cos of Am. 55 Gulf Oil of Pa 56 Am AFoPr Wa 3'iiHiram Walker.. 23 1 a Am Cyandie 815 Humble Oil .... 42", Am Gas A El.. 21’,Imp Oil Ltd ... 14', Am Superpr . 2' * Hud Bay Min .. 14’, Asso Gas A El. Int, Petrol ... 27' 2 Atlas Corp .... 9 Lake Sh Min .. 54'; Can Marc 2 ILibby McN Lib 6", Carrier Corp .. 9 Lone Star Gas.. s', Cities Serv ... I’, Mt Producers .. 4’, Con Gas of Bal 60', Natl Bpllas Hess 2'; Cord Corp 3 i Newmont Min.. 48>, Creole Petrol .. 12 Nia Hud Pwr .. 4’, Cm Ck Inti.... 6'i Novadel Agene- 20'2 Deere ACo ... 14 Std of Ind 25'2 Distillers Corp 12' 2 Std of Ky .. 15' 2 Dow Chcm .. 70',!Techmcolor Ind 12’, El Bnd A Sh.. 11'a Teck Hughes Go 7 Fisk Rubber B' 2 Un Gas 2 Ford of Europe 8 Un Pwr A Lt A I', Gen Aviation.. 4',,iWr Harg Min... 10

Chicago Stocks *■“““■(Bv Abbott. Hoppin & Co.I —Aug. 10— High. Low. Close. Arams Mfsr 10 Bastian-Blesslng .. 4 Bendix Aviation 13 1 a 12 \’ 2 12'2 Berchoff Brew Cos . 4°, Borg-Warner 20' j 19 s a 19’, Butler Bros . 7'.2 7!, 7)4 Chicago Corp Com 2 Chicago Corp pfd 25’ii Chicago Mail Order 9' 2 Cities Service 13,I 3 , Commonwealth Edison . 46’s 4646‘2 Cord Corn 3", Crane Cos , 6 , Electric Household .... 15M 1 4 'a 15'/8 Marshall Field & Cos 10’,2 10 10 General House Util ... 91s 9>i 9’* Iron Fireman ••• 14U Kingsbury Brew Cos ••• , 2‘ 2 Libby-McNell 6's 6’s 6^,8 National-Standard 25 Nobiitt-Sparks Ind, Inc .. .. 12 Prima Cos 3’i 3’i, 3’., Quaker Oats 118 117 ! 2 117’2 Swift A- Cos 18'4 17’, 17’, Swift International .... 36 ,s 35’* 36', Thompso... JR 5_ Utility & Ind Vortex Cup Cos 13’ 2 13'* 13' 2 Walereen Cos Com ' 24’, Zenith Radio 2'b U. S. GOVERNMENT BONDS (By United Press) NEW YORK. Aug. 10 —Closing Liberties. (Decimals represent 32nds.) Liberty 3'is (32-47) 103 25 First 4 1 * s (32-47' 103. Fourth 4',s (33-38) 103.18 Treasury 4'(S-3',S '45) 102.16 41 *s (47-52' 112.20 3’,s '43-47' 103.26 3's 141-43'. March 104.10 3’bS (40-431. March 104.12 3’,s (4 0-43) June 104.12 3', s 1431 104.7 3',s (46-49) 101.22 3s (51-55) 100.20 FEDERAL FARM LOAN BONDS (By Blythe & Cos., Inc.) —Aug. 10— Bid. Ask. 4s July 1, 1946-44 98’, 99', 4S Nov. 1. 1957-37 98’2 99'* 4'i s Julv 1. 1956-36 98 1 2 99'i 4'.s Jan. 1957-37 98 1 a 99'.4 1 ,s M.iv 1, 1957-37 98' 2 99'4',s No . 1. 1958-38 98'2 99'2 4' -s May 1. 1942-32 98’i 99 4' Is Jan. 1. 1943-33 98’, 99 4' 2 s Jan. 1, 1953-33 98’., 99', 4'Bs July 1. 1953-33 98’, 99' 1 4' 2 s Jan. 1. 1955-35 99’, 99'* 4' -s Jan. 1. 1956-36 98’, 99’, ss' Mav 1, 1941-31 99’, 100’ 2 5s Nov. 1. 1941-31 99’, 100’a —Home Loans—--3s Mav 1. 1852-44 99.26 100.00 4s July 1. 1951 • 99 27 100.01 —Federal Farm Mortgage Corporation—3’,s March 15, 1964-44 .. 101.04 101.12 The three latter quotations are in thirty-seconds. Deaths Alfred Manning. 58. city hospital, septicaemia. _ , . , Lula Tieman. 48, Long hospital, carC 1 Joseph M. Parrish, 71. of 123 North New Jersey, cerebral thrombosis. Diz'a Mae Huddleston. 46. of 43 North Jefferson, chronic myocarditis. Jesse James. 40. of 414 North Senate, chronic myocarditis. Robert Garfield Henderson, six months, 904 Edgemont. castro enteritis Fred F Holtz. 63. Veterans hospital, chronic myocarditis. John Cash. 65 Long hospital, acute carG 'Rov dl H “orates. 55. Methodist hospital. PU p£°rv a X. Jones. iS 46. of 1607 Kelly, intra "w"lliam U Maddox. 72. of 546 Drover, acute cardiac dilatation. Merrill J Brown. 47. St. Vincents hospital. carcinoma. , _ ... Xsola Mae Wilson. 64. St. Vincent s hospital. myocarditis, . Elizabeth Black Morgan, 73. St. Vincent s hospital, carcinoma. _ Edward Becker. 43. of 2409 Co.iege. coronary thrombosis. Marriage Licenses Homer Daubenspeck. 31, Terre Hau‘4> pharmacist, and Mary Wright. 30. R. R. 16. Box 223. teacher. Charles Johnson. 28. of 3716 Kenwood avenue salesman, and Gertrude Torbeck, 25. of 958 North Pennsylvania street, nurse. Herbert Gray. 49. of 3864 Park avenue, photographer, and Mary Powe... 12. Frankfort, housekeeper. Joseph Haller Jr.. 25 of 1614 South Delaware street, clerk, and Frances Phillips, 24. of 1246 South Capitol avenue, stenographer Edgar Massev. 23. of 1708 Girrber street, delivervman. and Alice Outlaw. 22. of 425 North Blackford street, maid. James R:pes. 22. of 1306 Cornell street, laborer and Effie Martin. 22. of 314' 2 East Wyoming s’reet. housewerkor. Lyman Irwin. 24. of 1934 Valley avenue, warehouseman and Ruth Hoskins. 20. of 2240 Wheeler street, housekeeper. Forres: McKeighan. 24. of 64/ North Jefferson 'treet. clerk, and The’.ma Carpenter 24 of 1451 Central avenue c.erg. Elmer Galbre/.th 45. Winamac. electrician and Grace Bower. 34. of 545 North Sheffield avenue, nurse. Kenneth Limbach, 22. R R 1 Box 203. farmer and Margaret Baker. 17. o M 4 North Beville street, housekeeper RFC Approves Stock Offer By United Prc* WASHINGTON. Aug. 11.—The Reconstruction Fifiance Corporation has approved conditionally an offer to buy $400,000 of preferred stock of the TTurd National bank of Dayton, 0., it was learned today.

SWINE VALUES RESUME SHARP GAINSAT PENS All Classes Generally 15 Cents Higher: Veals Advance. Another sharp advance, marking the third in succession, was registered in the hog market in early trading at the Union Stockyards yesterday morning. Initial prices generally were 15 cents higher than Thursday's average. The unexpected sharp upturn in porker values this week has been attributed mostly to extremely light receipts and a noticeable improvement in demand. The bulk of 160 to 200 pounds was selling at $5.30 to $5.50 today, while choice grades on hand, weighing 200 to 300 pounds, brought $5.55 to $5.65, anew high for the current year. Light supplies, scaling from 130 to 160 pounds, sold at 54.15 to $4.65. Extremely small slaughter pigs, weighing 100 to 130 pounds, cashed in at $2.90 to $3.90. Packing sows held at $3.85 to $4.75. Receipts were 4,500; holdovers, 376. Trading was of little interest in the cattle market and practically all classes remained unchanged with the previous close. Early supply of steers and heifers was plain. Cows were strong. Receipts numbered 700. Strong undertone featured early trading in veals and prices moved around 50 cents to $1 higher. Most lasses sold at $6.50 down, while top was $7. Receipts were 700. Lamb values continued stationary with initial trading scarce. Bulk of ewe and weather classes was salable at $7 to $7.50. Bucks brought $8 to $6.50. Throwouts ranged from $4.50 to $6. Receipts were 1.000. Asking was sharply higher on hogs at Chicago with no early bids evident. Receipts were estimated at 14,000, including 5.000 directs; holdevers, 3.000. Cattle receipts numbered 3.000. including 2.000 government cattle; vealers were 3,000, including 2.000 government calves; market unchanged. Sheep receipts were 8,000; market steady. Aug. Bulk. Top. Receipts. 4. $4.85® 5.05 $5.20 • 2.000 6 5.00® 5.20 5 40 5 000 7 4 9041! 5,10 5 30 6 000 8. 5.00® 5.20 5.40 4.500 9 5 15<® 5 35 5.50 4.500 10. 5.30® 5.50 5.65 4.500 Market. Higher. (130-160) Good and choice... $4.40® 4.65 —Light Weights—--1160-180' Good and choice .. 5.30® 5.40 (180-2001 Good and choice... 5.45® 550 —Medium Weights—-(2oo-220) Good and choice... 5.55® 5.60 (220-2501 Good and choice... 5.60® 5.65 —Heavy Weights—-(2so-290) Good and choice .. 5 55® 5.60 (290-350) Good and choice .. 5.45<® 5.55 —Packing Sows—(2so down! Goo.d 4.35® 4.75 (250 lbs.) Good , 4.25® 4.50 (All weights) Medium 3.85® 4.35 —Slaughter Pigs—-(loo-130) Good and choice... 2.90® 3.90 CATTLE Receipts, 700: Market, Steady. Good and choice $ 6.50® 8.75 Common and medium 3 00® 6.50 (1,100-1.5001- , Good and choice •• 7.00® 9.01) Common and medium 5 00® 7.00 (550-750) Good and choice 5.00® 6.75 Common and medium 2.00® 5.00 (750-900) Good and choice 5.00® 7.00 Common and medium 2.00® 5.00 —Cows— Good 3.25® 4.00 Common and medium 2 50® 3.25 Low cutter and medium .... 1.25® 2.50 Bulls (yearlings excluded) Good (beef steers) 2.75® 3.50 Cutter common and medium. 1.50® 2.75 VEALERS Receipts, 700; Market. Higher. Good and choice $ 6 00® 700 Medium 4.50® 6.00 Cull and common 2.50® 4.50 Good and choice 4.50® D.50 Common and medium 2.50® 4.50 —Feeder and Stocker CattleGood and choice 4.00® 5.25 Common and medium 2.75® 4.00 (800-1.5001-Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, I.ooo—Market, Steady. Lambs, 90 ibs. down, good and choice $ 7.00® 7.50 (00-110 lbs.) Good and choice 6,50® 7.25 (90 lbs. down) Com. and med. 4.50® 6.50 —Ewes— Good and choice 2 00® 3.00 Common and medium I.oo® 2.00 Other Livestock (By United Press) CHICAGO. Aug. 10.—Hogs—Receipts, 14.000, including 5.000 directs; market, slow, about steady with Thursday; 210-300 lbs.. $5.25®5.35; top, $5.40; 170-200 lbs.. $4.75® 5.25; light lights. $4 25® 4.75; pigs, $3.50 down, packing sows. 54.15®4.50; light lights, 140-160 lbs., good and choice. $4.25® 4.85; light weights, 160-200 lbs., good and choice. $4.65W5.25: medium weights. 200-25 U lbs., good and choice. $5.15(0 5.40: heavy weights, 250-350 lbs., good and choice. $5.10(u:5.40: packing sows. 275-550 lbs., medium and choice. 53.50® 4.60: slaughter nigs. 100-130 lbs., good and choice. [email protected]. Cattle—Receipts, 3.000 commercial. 3.000 government: calves, receipts. 1,000 commercial, 2.000 government; most classes very slow: weak, spots. 10®". 15c lower; all heifers and cutter cows about steady; vealers. steady to weak; four loads around 1.225 lbs. western fed steers, S9 to shippers; best light yearlings at $7.60: bulk fed steer crop comprises $5.50® 7 kinds; fat cows mostly 52.50®3.25: cutter grades. SI 250/2.25: few sausage bulls. $2 75® 3; selected vealers. $6.50: bulk 55.50®6 slaughter cattle and vealers: steers 550-900 lbs., good and choice, $5.75® 8.25; 900-1.100 lbs., good and choice. S6®9: 1.100-1.300 lbs, good and choice. 56.25®9.50; 1,300-1.500 lbs., good and choice. 56.75®9.75: 550-1,300 lbs., common and medium. $2.25® 6.75; heifers. 550-750 lbs., good and choice. 55®7.25; common and medium. $2.25®5: cows. good. $3®4.75: common and medium. 52.35®3: low cutter and cutter. 51.254; 2.35: bulls, vearlings excluded good beef. *3®3.50; cutter, common and medium. 52®3.15: vealers. good and choice. 55.25®6.75: medium. S3® 5.25: cull and common. $2.50® 3: Stocker and feeder cattle: steers. 5501.050 lb?., good and choice. 54.25® 5.25: common and medium. $2.50®4 Sheep— Receipts. 8.000: lambs slow': few sales and indications steady: some bids lower: good to choice native. $7.50®7.75; as yet nothing done on vearlings and range lambs; sheep steadv: native ewes. $2®2.75 mostly; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $6 90® 7.75: common and medium. $4.75®7: ewe. 90-150 lbs., good and choice. s2®3: all weights, common and medium $1.50®2 50; feeding lambs. 50-75 lbs., good and choice. $5.35 ® 5.85. FT. WAYNE. Aug. 10.—Hogs—10® 15c higer; 250-300 lbs..' $5 55: 200-250 lbs.. $5.45; 180-200 lbs.. $5.30; 160-130 lbs.. $5.15- 300-350 lbs. $5.30; 150-160 lbs.. $4.40: 140-150 ibs.. $4.15: 130-140 lbs.. $3.90: 120-130 lbs, $3 40: 100-120 lbs.. $3.15; roughs. S4; t stags. $2.50. Calves. $6.50: lambs. $7. LAFAYETTE. Aue. 10.—Hogs—Market. 10® 15c higher: 200-300 lbs.. $5.45® 5.50: 180-200 lbs . 55.30®5.35; 160-180 lbs $5.10 ®5 20: 140-160 lbs.. $4.15®4.40 125-140 Ibs.. 53.65® 3.90: 115-125 lbs.. 53.15®3.40: 100-115 lbs $2 65® 2.90' roughs. 54 75 down: top calves. *6: lambs $6.50 down. tßv Times Special) LOUISVILLE. Aug. 10 —Cattle commercial. 100. government 1.000; salable supply slaughter cattle light market, siow; but generally steady at week's levels: bulk common to medium steers and heifers. $3 4; 4.50: few low qualified grassy: cutter grades down to 52.50: better finished fed offerings quotable. ss®6. bulk beef cows. S2 504/3: good kinds and smooth heifer tvpes to $3.50 or better: low cutter.- and cutters. $1 ® 2.25; sausage bulls mostly 52.75 down; light Hereford Stockers salable s*B 5. according to weight and quaiuy. Calves—Commercial, SCO. 6d stock calves: vealers. sr.'2dv bum better grades SSB 5.50: lower grades. $4 down. Hogs— Receip’s, 600. market. 25c higher; 210-300 lbs $5 65: hleheet locally since Sept. 16. 1931 185-205 lbs $5.45: 305 lbs. up. $4 95: 160.189 lbs . S4 65; 145-155 lbs S4 30 120140 lbs 52.90: sows. S3 40 grassy and unffr.ished hogs discounted Sheep—Receipts. 2 200. including around 200 'lock ewes ind 200 bucks for annual sale; iambs in light supply and aualuy onlv fair: market, steadv bulk better ewe and wether lambs. $6 50 5 6.75: choice quotable to $7 or better; bucks discounted and mos light throwouts *4: fat ewes si®2; balk desirable stock ewes, $62 7.50.

U. S. Insures 40-Per Cent of Nation’s Bank Deposits

Membership of Insurance Corporation Totals 14.000. By l nited Pres, WASHINGTON. Aug. 11.—More than 40 per cem of the nation's $40,000.000.000 bank deposits are backed by federal insurance, chairman Leo T. Crowley, of the Federal Deposit Insurance Corporation reported yesterday. Crowley said more than 56,000.000 accounts totalling $16,000,000,000 were insured as of June 30, 1934. The figures were based upon old regulations, which placed a limit upon $2,500 or less as the maximum. Since then, the maximum has been increased to $5,000. The insurance, he said, cost less than six cents a SI,OOO. More than 14.000 state, national and mutual savings banks are members of the insurance fund against about 1,100 licensed banks, which are not. Crowley said. “We have suffered relatively little loss through bank failures. Only five have been reported They are at Pittsburgh, Peoria. Florence, Ind., Lima, Ind.. and a small bank in Kentucky. Three were the result of defalcations,” the chairman asserted. He added that 188 banks. 133 being mutual savings banks in New York, signified their intention of withdrawing from the fund as of June 30 last, and that the FDIC was prepared to “make refunds to them totaling $9,273,783.” Crowley said the net operating loss for the six-months period for the FDIC was $921,076.53. Operating expenses, he explained, were $3,207,365.15 against income from investments totaling $2,388,788.62. His report revealed that the FDIC had $227,782,343.36 invested in government bonds. On Commission Row —Aug. 10— Quotations Deiow are average retail prices being offered to buyers Bv local commission house dealers. Apples—Fancy Delicious. $2.25: Transparents. $1.5001.75. Peaches. Georgia. Elbertas. bushel. $2.20. Plums, Italian. ', 2 bushel. $1.65. Oranges—California Sunkist. $5: Valencies. 54.25®5. Lemons—Sunkist. $6®7.25. Grapefruit—Florida seedless. $4.25®4 50 Cantaloupes—lndiana juniors, flats, 75c: bushel, $1.50. Pears—Caiavos $2.50 a box. Watermelons—2s® 75c. Bananas —A pound sc. —Vegetables— Sweet Corn—Home grown, dog., s®2oc. Cabbage—Home grown, bushel. sl® 1.50. Celery—Michigan, at boxes. $1.25; medium. doz. 45c. Onions —California yellow. DU-ib oag. $1.65 Potatoes—Eastern Cobblers. 100-lb. bag. $1.75: Idaho Russets. 100-lb. bag. $2; new barrel. $2.85. Sweet, ootatoes—New Alabama oushei. Sl ßcans—Round stringless, bushel, $2.50; flat, stringless bushel. $2. Beets—New. 23c a. dozen. .Carrots —Home grown, bushel. $1.50: doz. 3,)C Cauliflower—lOs-lls. crate. $1.7502. Lettuce—Outdoor. 15-lb. basket. 85c; head lettuce crate. $6. Peas—California, hamper, $3 Radishes—Ohio. 50 doz. bunches. 50c. Rhubarb—Home-grown, dozen. 25@30c. Spinach—Home grown, bushel. 65c. Tomatoes —Home grown—lo-lb. baskets 65c; bushel. $1.50. CHICAGO FRUIT MARKET tßv United Press) CHICAGO. Aug. 10.—Fruits and vegetables: Apples—Michigan Dushess bushel. 50c4/$l Cucumbers—lllinois bushel, 50® 75c; Michigan. $101.50. Tomatoes—lllinois lugs, 40c®$l: Michigan. 12 qts.. 50c 4/SI Sweet potatoes—Alabama bushel. 51.40W1.50; Tennessee. $1.90®2. Peaches —Georgia bushel. $2®2.50: Illinois. $1.25w 2.50. Lettcue —California crates. $34/3.7.9: Illinois boxes. 25c. Beans—lllinois green, bushels. $10125: Wisconsin and Ohic. 51. 254/ 2. Cabbage—Wisconsin crates 75c ® $1.25 Cherries—Michigan. 16 qr.. red sour. $1.25®2. Canteloup—lndiana crates. 754/90c; Michigan, 75c® $1.50. Corn—lllinois sacks. 4 doz. yellow. 25®75c. Carrots—California crates. $2,504/2.75: Illinois bunches. l',2®2’ic. Peppers—lllinois bushels. $1 ® 1 25. Eggplant—lndiana bushels. $1.25®1.50. Pears—Michigan bushels. 75c0.51.35. Celery—Michigan crates, 50 ® 75c. Western cauliflower crates, $1.50 4/1.75; Wisconsin bushels, 75c® $1.50. Onion market 150-lb. sacks) —California yellows. $101.25; California wwhites. $1.50 0175; Washington Valencias, 95c®$l; lowa yellows. 65 0 75c: Indiana whites, 50c @51.75. Produce Markets Delivered in Indianapolis orices: Heavy hens. 10c Leghorn hens, 6c. 1934 broilers 2 lbs. and over. 13c Leghorn broilers 1',2 to 2 lbs. and over 11c bareback broilers 10c; old roosters. 4c; ducks and geese. 3c; young guineas. zOc; old guineas, 15c: No. 1 strictly fresh country run eggs, loss off 13c Each full case must weight 55 Ibs. gross: a deduction of 10 cents a pound for each pound under 55 lbs. will be made. Butter—No. 1. 2D@3oc. Butterfat. 21c. Quoted bv Wadlev Company. ißv United Pressl CHICAGO. Aug. 10.—Eggs—Market, firm: receipts, 6,175 cases; extra firsts. 20',c; fresh graded firsts, 19’',c: current receipts. 16018 ;, 4c: dirties No. 1. 16c: No. 2,12 c; checks No. 1. 16c; No. 2. 12c. Butter —Market, firm; receipts. 13.115 tubs; extra firsts 190-91 Va score), 25025’,c: extras (92 score). 26' 2 c; firsts (88-89' 2 score). 23',4/24',c; seconds < 86-87' 2 score). 21'2@22',2C; specials 27@27',ic; standards. 26',4c. Poultry—Market, steady; receipts. 23 trucks: fryers. 15',2018c: broilers. 14'.a® 15c; Leghorns. 16c: geese. 74/8c; turkeys. 14c: old roosters. 3 ! ..c; hens. 11',2®i3',2c; black chicks. 10® 12c; barebacks. 13c: cocks. 8c: Leghorn cocks. 9c; colored springs. 17c: white rocks. 18c Plymouth Rock. 19c; ducks. B®9c; spring ducks. B®l2c: colored Plymouth Rocks, 16c: Leghorns. S’-iOJO’-jc. Cheese—Twins. 134/13',c; Daisies. 13',® 13',2c; Longhorns. 13',i® 131,0. Potatoes—Supply moderate: demand and trading rather slow; market, weaker on Cobblers, steady on other stock; Cobblers: Wisconsin. $1.3501 45; Pennsylvania. $1.40: New Jersey. $1 45. Utah, 51.50; Kentucky. $1.40- Idaho Russets. $1.70: Idaho Triumphs. $1.65®1.75. showing slight decay. $1.5001.55:' Virginia barrel Cobblers. $3.25. Arrivals. 50: on track. 110: shipments, 345. NEW YORK, Aug. 10 —Potatoes—Weak: Long Island. 50c® $1 bag: New Jersey. 40c ®51.05 bag. Sweet Potatoes —Dull; Southern bbl.. $1.5005.25: Southern basket. 75c ®s2 25. Flour—Higher: springs: Parents, $7.8508.10 bbl. Pork—Steady. Mess. $19.75 bbl. Lard—Firm. Middle West Spot—ss.7s® 5.85 a 100 lbs. Dressed Poultry—Firm; turkeys, 11® 33c; chickens. 9® 28c'; broilers. 160 22c: capons, 254/ 35c; fowls. 90 19c: ducks. 100 13‘ 2 c Long Island ducks. 11’*® 15c. Live Poultry Steady: geese 6® 7c: turkeys. 100 15c: roosters. 10c: ducks. B®l4c: fowls. 10'iil6c; chickens. 22c: broilers. 12®23c. Cheese— Firm: state whole milk fancy to specials, 180 19c: Young America, 14' 2 c. Butter —Receipts. 11.633 packages; market, very firm: creamerv higher than extras. 27", 4/ 28' j<" extra 192 score). 27' 2 c: first (90 to 91 score'. 26’ 2 ®27c: first 'BB to 89 scorei. 24'2 0 25' 2 c: seconds. 23 1 /2®24c. Eggs—Receipts. 10.014 cases: market. steady: special packs including unusual hennery selections. 24® 26c: standards. 22®23c: firsts 194,0 200: seconds. 18' 2 c; mediums. 170 17' 2 c; dirties. 17 : 2®17’,c: checks. 15 015' i?c. CLEVELAND. Aug. 10.—Butter—Market, firm: extras. 30',2c: standards. 30c. Eggs —Market, firm; extra white, 22c: current receipts. 16 : ac: ordinary firsts. 13c. Poultry—Market. firm: colored fowls. 4 : lbs. and up. 16c: old roosters. 10c: ducks, white 5 Ibs. and up 14c Potatoes—-Vir-ginia best, mostly $2.150 2.25 a barrel. RAIL TRAFFIC CLIMBS New York Central Road Handles 91.699 Cars in Week. By J imi-f Special CHICAGO, Aug. 11.—Leading railroads in the United States report further raii traffic increases for the week ended Aug. 4 as compared with a week ago, in some cases sharp decreases are revealed as compared with a year ago. Handling of 96.699 cars against 89 902 in the previous week and 104.654 a year ago were reported by the New York Central Railroad Company. Pennsylvania moved 84.836 against 84.467 and 99.993 lespectively.

Vacation Reminder § Would YOU Want Your Hospital and Doctor Rills Paid in Case of an Accident? SEE OK ( ALL R. F. Lindeman Aetna Uf* Insui in<*f Ca. 10th Floor Illinois lUdr CI

Cash Grain

INDIANAPOI IS —Aug 10.— Thr bids for csr lots o! grain at the call of the Indianapolis Board of Trace o b shipping point, basis 17'.-c to fiver Wheat—Weak No 1 red. W' [email protected] ■ No 2 red 98'. iSS'.-C No 2 hard 99' 2 c-; $1 bO'j. „ , Corn— Strong No 7 white ,3. " *4„ No : white 72 73' -o No 2 veUow .3-. 74c No 3 vellow. 72® .’c: No 2 mixed 72 73c No 3 mixed 71®72c Oats—Strong No 2 white *oosit No 3 while. 49 ' 50c Hav— Steady T o b country po.nl* taking 23' c nr less ra*es to Cincinnati or Louisville . No i timothv sl3 ol? r 0 —lnspections Wheat—No 1 red 2 cars car No 3 red. 3 car' Total. 6 cars Corn —No 2 white 12 can No 3 white 12 cars No 4 white 3 cars S’ w hue 2 cars No 6 white 1 car: No_2 ve..ow. ‘8 cars. No. 3 vellow. 18 ears. No 4 vellow 4 cars No 5 vellow ? cars' No 2_mixed 1 car No 3 mixed 2 .arc Total .a car' Oats—No 3 white 6 cars. No. 4 w.rue 1 car Total. 7 cars Rve—No. 2 2 cars Total 2 cars. i.ocai Wagor. Wheal City gram eleva'or* ate paying 35 cen's tor No 2 'off red wheat O'her c , 'ace> on their merits Chicago Futures Range 'Bv United Press) —Aug. 10Wheat— frev Open High. Low Close close Sf old 109 s , MO’, I.oß’, 109 110® New 1.09'2 111 108’, 109 1 10'. Dec. Old 1 22', 1 13', 111', 1 11;, I}3 . New 1.l2 1 2 1.13’, I.ll*, Ili , I*3', May 115 * a 117 1 14", 1.15 1 16', Corn— Sept . .79’, 80 ', .78'2 .79’, 79’ ■ Dec 82’s .84 81 \ 83 8* • May .87 88’, 86' a 87'- 87', Oats — S6 Sld 52'2 .55 51’, 53'2 53', New .52 1 j .55’ * .52 .53'g .53 D old .54' 2 .56'.- 5.7* * -Sfa New 54', .56’, .53 1 2 54*. 35^ May • 57’, .59', .56 , 5i 2 .3' a Rye— Sf o!d .86'2 87 1 2 .86 86' . 87'.. New 86 -87'2 86'2 87 2 D oid .89 90', 83', .89', .90'i New .90', 90', .88’, .84;, 90', May . 95', .95'* 93', 93’a 94’, Barley— Sop' -91 Old .71'2 73 -7 ’2 .72;, .'2;a NfW .1 - J ' 1 “ , no I Dec 73", .74'2 IJ I , .<3 , 73 2 Lard — Sept 830 537 822 8.25 830 Ori 850 8.50 8.30 840 8.3( Nov..’. 8'42 850 8.40 850 850 Dec 8 85 8 85 8 65 8,i5 811 Jan... 892 900 885 890 890 Bellies— Sept. 11 00 11 05 11 00 11 05 10 95 Oct 1127 1113 ST. LOUIS. Aug. 10.—Cash grain Wheat in fair demand, steady to ’,c higher: hard wheat '2C lower: No. 2 red. sl.o6'i® 106’, early. 51.05' b a close. No. 2 red garlicky. $1 00® 101: No. 2 hard. sll3'/,: No. 4 yellow hard. $1.10: No. 1 light garlicky. ci ,51Corn in good demand. 1C to 3c higher; No 2 yellow. . 810.81' c. No. 2 BAf.flu r Oat in fair demand, north side Talbot A -2nd TALBOTT "THE CRIME DOCTOR" •SIXTEEN FATHOMS DEEI”’ —— Illinois at 34th Rl T 7 Double Feature ! I t— John Barrymore “20TH CENTURY" FOG OVER FRISCO" (ino —Double Feature —Tom Brown “WITCHING HOUR" Marion Davies-Gary Grant “OPERATOR 13” UPTOWN '’"aI!" “HOLLYWOOD PARTY" “A MAN’S GAME” , lln —Double Feature —Shirley Temple “BABY TAKE A BOW" W m. I’o\, ell —My ena I.ov “THE THIN MAN" _ . ~ 2351 Station St. DREAM i £ir “THE TRUMPET BLOWS" “WHEN A MAN RIDES ALONE” Sun. — Shirley Turn pl*•- •! ;i mo* Dunn “BABY TAKE A BOW” r ■ 19th and College Stratford “HELL BENT FOR LOVE” “EIGHT GIRLS IN A BOAT" sun.—Doable Feature —Ginger Roger, “FINISHING SCHOOL” Jack Oakie in Fart Carntl'x "MURDER AT THE VANITIES” _ . Noble at Mass. MECCA “ONE SUNDAY AFTERNOON” “THE MAN TRAILER" Sun.—Double Feature —Richard Arlen “COME ON MARINES” .1 oe F.. Brown “A VERY HONORABLE GUY” _ . Illinois at 30th GARRICK R_ , 30th A Northwestern F X ,obn U /X Hole, “WILD GOLD” Sun. —Double Feature—■ Jack Oakie “MURDER AT THE VANITIES” Joan Blondell —Pat O’Brien “I’VE GOT YOUR NUMBER" " ~ St. Clair at Ft. Wai ne ST. CLAIR vs;“: •FINISHING SCHOOL” “A MAN’S GAME" Sun. —Doubt** IVature —Mowurt Frwin “THE PARTY’S OVER" f lark Gable—Wm. Powell “MANHATTAN MELODRAMA" EAST SIDE __ _ k _ 1352 FI. Wash. St. STRAND ,>o " b e';. y z\r “ALL OF ME” “FOG OVER FRISCO” Son. —Double Feature—Dirk Powell “20 MILLION SWEETHEARTS” Sylvia Sidney— < ary Grant “THIRTY DAY PRINCESS” L I . . Dearborn at 10th RI vo L 1 "ssiajar “STINGAREE” “THE CHIEF’’ *Min. Double Feature "Most Precious Thing in Life” f arole I.nmh irH "20TH CENTURY” I U W I |NJ Double Feature Il\ V IO V Olto Kruger “CRIME DOCTOR “HELL BENT FOR LOVE" Sun.— Double* IVaturi*—Ml **farn “HOLLYWOOD PARTY" Sulllxan “LITTLE MAN WHAT NOW?" mkso'k. lOth~si’ EMERSON “MURDER AT THE VANITIES" “SPEED WINGS" ,un. — Double Featll-e—lona Biondrll "HE WAS HER MAN” .Joan ( r.u for*i-I>:**• *t Tone "SADIE MtKEE' .

PAGE 9

HEAVY PROFIT SALES REDUCE WHEAT PRICES Corn. Oats Reach Highest Leveis Since 1930: Trade Ne r vous. BY HARMAN W. N!( HOLS I nitrd Prr,s Staff,l orm>pyndrnt CHICAGO. Aug. 11— Grains in ' the Chicago Bonrci of Trade broke away from new h g:i Irvrls icr the season yeslcrdaj whop, a wave of heavy profit-taking overook the market Wheat finished weak, off 1 1 to i , cents a bushe . Corn was up , to cent, and oats were ■■* cent ' higher to , cent lower. All deliveries of wheat, corn, oats and barley reached new highs with corn and oats the highest since 1930 Price Changes Rapid The trade, however, was nervous at the close, two hours before the official government estimates were due. and price changes were rapid. Longs came into the market lor i profit, and although the underlying 1 strength was undisturbed, wheat prices generally hung below the last levels of Thursday. The market opened lower on profit-taking, then rallied, and then fell back again, j the strength in corn failing as an impetus. New high levels lor the season were established in Liverpool wheat ! options with the close 2’, to 3® i cents higher, while Rotterdam was up 2‘ s to 3's cents a bushel. A sharp advance in sterling had some effect on Liverpool. Argentine exports were the heaviest since March, 1932. Corn Holds Strength With the consensus on La Salle street that the corn estimate would be sharply reduced in the government release, this grain held strength throughout the day. Rye was the only grain which failed to work into new high ground today. Heavy profit-taking was said to have stemmed an advancing tendency. Provisions advanced sharply early, only to drop back later. ( CHICAGO PRIMARY RECEIPTS —Aur. 10— BushPlf Todav. Last Wk. Whrat 646.00(1 932,00(1 Corn 1.768.000 1.798.000 Oat" 304 000 303.000 EAST SIDE . | 2116 E. l'Mh St. Hamilton t >fw Jrr. at E. Wash. Paramount “LITTLE MISS MARKER" “TEXAS TORNADO” Sun.—Double Feature —Zrmi I'itl* “SING AND LIKE IT" “WHEELS OF DESTINY” •Inbii DiHingt'r I.if* I’ivturr I— . _ _ _ 2930 I . 10th St." PAPfV rrc Donbl* F'outnre r n l\ l\ L l\ Klohard Arlon “COME ON MARINES" "GOOD DAME" sun.— Dick I’owcll-Ginger Hogpm “20 MILLION SWEETHEARTS" R_. . . 2731 f. Waahinstoa (j Y Y Double Feature “CROSSFIRE" “FLAMING SIGNAL” Son.—Double lei, 111 re—Ann Hardin* "RIGHT TO ROMANCE” Gloria Stuart “LAUGHTER IN HELL” . . li i 1300 KooeeTelt Hollywood '; l : rU , ;*ab, , e l “MANIIATTAN MELODRAMA" Sun.— Double I f>!|iirp— V.. Ilrown "A VERY HONORABLE GUY” Spencer Tracy-,John Hole, “BOTTOMS UP” SOUTH SIDE Fountain Square Double I ciiliiro Walter Hutton “KEEP ’EM ROLLING" “SMOKING GUNS" Sun.—Double Feature—Shirley Temple “BABY TAKE A BOW” fat O'Hrlen-Glenile larrell “THE PERSONALITY KlD’’ ! Prospect and Shelby SANDERS ',r.r * “MAN TRAILER" “THE LINE UP" sun.— Double Feature —K. Montconiery “MYSTERY OF MR. X" Sp4n<***r Triii v-elobn “BOTTOMS UP” : , | 1105 8. Meridian Oriental ~: ;:b ’ ; t “PARTY’S OVER" “UPPER WORLD ' -un. — DniibD Fprlhr—Knbt. Arimtronf “THE HELL CAT” .loan CrawTnril- J'ranebot Tnne “SADIE M’KEE” Pro,p ,t Churchman AVALON “FINISHING SCHOOL” “TREASON” S,jn.— D*mi b I | pji tii r#—*■* liin r f hrwin “THE PARTY’S OVER” HnrU Karloff-I.uKohl “THE BLA( K ( AT’ | 1 129 8. Meridian Roosevelt “EVER SINCE EVE” Sun. —Double Feature lean Parker “LAZY RIVER" Spencer Tra v-.Jark Oakie “LOOKING FOR TROUBLE” WEST STOE 2540 M Michigan Pi A S Y Bargain Nlte Le l \ i J I Double Jeature “AS THE EARTH TURNS” “LAZY RIVER” -tin.—Double Feature —Muart Krwln “THE PARTY’S OVER’’ blPahon “Murder on the Blackboard’’ —-—. \\ a ,f,.ai Belmont BELMONT ;;rr,’i"e7 SUCH WOMEN ARE DANGEROUS" “SPEED WINGS" ——— !70§ U imh -(. S A | t Double Feature * 1 u Patternn CALL IT LUCK” ’ BOSS COWBOY" „jn D.i'ib'e F> Pn-e —iduey • THIRTY.O VY PRINCESS" B arren B itli >• —Joan liloudell “SMARTY"