Indianapolis Times, Volume 46, Number 105, Indianapolis, Marion County, 11 September 1934 — Page 13

SEPT. 11, 1931-

Wall Street N. Y. Exchange Asked to Investigate Break in U. S. Smelting. BY RALPH HYNDERSIIOT

Tmx Finmrrial Writer JOSEPH P. KENNEDY, chairman of the securities and exchange commission, has asked the New York Stock Exchange to Investigate the recent sharp decline in the price of United States Smelting. Refining and Mining Stock It fell 7 points yesterday and 14'i points last Thursday. The action of this stock

has tended to unsettle the general list. Mr. Kennedy is using excellent judgment in having this in ve s titrated. The public would like to know just what has happened to cause it to break so sharply. While it is realized

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that the issue is subject to swift price movements in both directions and that of late it has attracted a speculative following, due in part at least lo the nature of the company's business. the slump this time came jeemingly out of a clear sky, and it so happens that it is the most active stork on the list. It would be unwise to jump to the conclusion that something was wrong in its market action, but it would be equally unwise to take for granted that the drop is merely a normal movement. It is best to know, and the investigation should reveal the facts. Mr. Kennedy was appointed to his post to look after the public's interest, and traders have the right to expert him to see to it that market dealings are on the up-and-up. a a a T7OR years the New York Stock J exchange authorities have investigated all unusual market developments. they have maintained. There is no reason to assume that they did not do so. But there is reason for criticism of the fact that in all but a very few cases the refills of these investigations were withheld from the public. The Washington investigation indicated that there was plenty they might have revealed. One wonders whether Mr. Kennedy will make public the results of the investigation he has ordered, whether they be good, bad or indifferent. He was reported to have begun an investigation some time ago into the origination of the rumor about Italian troops advancing across the Austrian border. Somehow or other nothing was heard of it afterward. a a a SOME one must have been talking to Jesse H. Jones, chairman of the Reconstruction Finance Corporation. Mr. Jones had been in the habit of putting the banks “on the pan" at more or less regular intervals for not loaning more money to industry, but recently he was quoted in Washington dispatches as having absolved not only the banks but industrialists from all blame for the failure of credit to have been extended to business. Mr. Jones' version of the situation now is that uncertainty on the part I of both bankers and industrialists j that markets could be found for the manufactured products to finance which the loans were proposed has been responsible for the stoppage of credit. Can it be that the R. F. C head found he had stepped into shoes alongside those of the bankers when the government agency began to make loans direct to industry and that the same criticism he had heaped upon them might be directed toward him if he failed t- get government money flowing into trade?

In the Cotton Markets —Sept. 10— • CHICAGO Hteh. Low. Close January 13 J 13 21 13 21 Marrh 13 37 13 25 13 29 Mar U 43 13 32 13 34 October 13 1* 13 06 13 08 December 13 29 13 14 13-IS NEW YORK January 13 21 13 09 13 09 March 13 29 13 16 13 16 Mav 13 36 13 22 13 22 Jvlv 13 40 13 28 13 28 October 13 08 12 89 12 93 December 13 19 13 04 13 06 NEW ORI I %NS January 13 25 13 15 IJ.I March 13 27 13 1 8 13 18 Mar 13 35 13 25 13 25 J jlv 13 40 13 30 13 30 October 13 12 12 95 12 98 December IS 22 13 08 *3.08 N. Y. Coffee. Sugar Futures —Sept 10— COFFEE —Samoa— H.eh. Low. Close Starch 11 14 10 85 10 92 Mav 11 11 10 91 10 92 j.jlt 10 95 10 95 10 95 Sep'emßrr 1109 11 05 11 06 December 11 IS 10 90 10 96 —Rio— January 7 97 7 97 7 97 March 6 09 7 95 8 04 Mar 8 1,4 8 oe 8 15 j®1 T 824 8.24 824 Seo'emher 7.70 7 60 7 65 December * 90 * 80 ~85 SUGAR Hi*h. Low Close January 1 *9 1 85 1 89 March 1 ? 187 190 Mav 1 95 1 95 1 95 "ir 198 195 1.9* September i 88 December ............ 191 187 1.90 Retail Coal Prices IT.a foliowmt price* represent quotations from lead’.nc IndianpoU* coal dealers A 25-cent carrrin* charce per ton will be •dde®. DOMESTIC RETAIL PRICES Anthracite *l3 so Brartl Lump SJ# Br*r,l Etc J9O Bra’,l If:n# Run £3* Coke. Nut Site •*0 j Coke. F*s S re * 50 Indiana Forked Lump No. 4 and *. 5.5 Indiana Fct ...... S ,5 Kentuctv Lump. Group “W 71$ TocaftontM Lump • Pocshc-ntaa Fc* Focabonta* Mice Run ■ ■ J New R!ver Brrok> “2 s SIXTY-NINE BANKS OPEN Total of 1.124 Institution* Have Started Cosiness This Year. tip 1 >mr Special CHICAGO. Sept. 11—Sixtv-nine 1 bonk, openings were reported during August, of which twenty were national and forty-rune under state. charter, according to the American j Banker. . i Thu brought the opening so far; this year to 1.124. of which 379 were ’ national and 74S state institutions. Net Profit Is Reported. Bp 1 (■•! spec at CHICAGO. Sept 11—Atlas Ply- J wood Corporation and subsidiaries i report for the fiscal vear ended June 5© * net profit of $14.622 after I charges and depreciation. This is | eoual to tl 41 a share on the capital | atock, compared wrh a loss cf *ll4.- i 620 in the preceeding year. I

SILVER SHARES ADVANCE AFTER INITIALSLUMP U. S. Smelting Climbs More Than 3 Points: Others Uneven. BY FI.MER C. WALZER Is 11*4 Fre, riiunrlil Mitnr NEW YORK. Sept. 11—Silver shares rallied on the Stock Exchange today after a sharp reaction in the early trading. United States Smelting, widest mover, came bask to 113 ... up >2 net from its low of 109',. The general market was irregularly higher. Several issues broke out of a point range on both sides of the market. Monsanto Chemical was depressed more than a point to 49%. while Dome Mines last a point to 42% and Hazel Atlas Glass made anew low for the year at 77, off 2% points. Sehcnley gained nearly a point and so did Auburn Auto. California Packing was up a point. United States Steel held slightly higher, while American Telephone was unchanged and American Can lost % point. Most of the local tractions made fractional advances. Railroad shares were firmer and so were the motors. Mail order shares were steady to firm. The feature on the bond market was heavy selling of United States government issues, especially the home owners loan group. Money and Exchange INDIANAPOLIS STATEMENT - e*pt. ii— Clearings *2.311.000 oo Debits 6.655.000.00

FOREIGN EXCHANGE Bv Abbott. Hoppin Si Cos. Sept. 10— _ . _ Close. Sterling England *500% Franc. France 0666 Lira. Italy 0868 Franc. Belgium 2376 Mark. Germany 4016 Guilder. Holland 6891 reset a. Spain 1334 Krone. Norway 2511 Krone. Denmark 2332 Yen. Japan 2994 Treasury Statement United Pressi WASHINGTON Sept. 11 -Got eminent expenses and receipts of the current fiscal year to Sept 8 compared with the corresponding period of the previous fiscal year: This Year Last Year. Expenses . *1.131.792.552.65 *671.419.106 86 Receipts 639.167 242 37 428 293.376.31 Deficit 492 625.310 48 243.125.730 55 Cash bal. . 2.090 487.237.55 New York Bank Stocks <Bv Abbott. Hoppm At Co.t —Sept. 10— „ t Bid. Ask. Bankers . 53' * 54 Brooklyn Trust 83 85 Centra] Hanover in l * 114*4 Chase National 22% 23 Chemical 38'* 38* National City 20% 21 Corn Exchange 44 44% Continental 12 12 1 a Empire .. 17'* 18 First aNtional 1.470 1.485 Guaranty 297 299 Irving 14% 14% Manhattan At Cos 257, 26% Manufactures 19 19*, New York Trust 95 96 Public 28*i 2914 Investment Trust Shares (By Abbott. Hoppin At Cos.) —Sept. 10Bid Ask. American Bank Storks Corp. . .93 98 Amer Ac Gen Sec ‘A) 2.50 5.00 Amer At Inv Tr Sh 1 75 .... Basic Industry Shares 2 90 .. . British Type Inv Tr Sh 44 .50 Collateral Trustee Sh iAt 4.12 . | Corporate Trust Shares told).. 182 1.88 Corporate Trust Shares (new)-. 2 02 2.12 Cumulative Trust Shares ... 355 3.611 Diversified Trust Shares (A).. 6.25 Diversified Trust Sh 'Bi 687 . Diversified Trust Sh <Ci 271 2 76! Diversified Trust Sh iD> 412 425 First Insurance Stock Corp .4 50 4.87 First Common Stock Corp ... 50 .55 Fixed Trust Oil Shares 725 .... Fixed Trust Oil Shares (BI ... 6.25 Fundamental Investors. Inc. . 1.74 1.92 Incorporators Investments 16.00 16 25 Land Bank Bond Shares 1.13 126 Low Priced Trust Shares 4.73 487 Mass Inv Trust Shares 17 70 19.24 Nation Wide Securities 2.92 298 North Am Trust Sh (531 1.73 1.79 North Am Trust Sh i55-56i .. 2.11 2 14 North Am Trust Shares t 58).. 2.14 2.18 Selected Amer Shares 100 1.09 Selected Amer Sh Inc 223 Selected Cumulative Shares ... 5 95 Selected Income Shares 3 12 Std Atner Trust Sh <A 265 2.71 Trust Shares of America 2.58 264 Trustee Std Oil (Ai 525 537 Trustee Std Oil <B> 4.70 490 V S Elec Ls Ac Pwr (A) 10 75 11.25 Universal Trust Shares 2.69 2.73 Daily Price Index By United Press. NEW YORK. Sept. 10.—Dun Ar Bradstreets daily weighted price index of thirty basic commodities compiled for the United Press: (1930-1932 average. 100i. Today 118 55 Friday ... 120 00 Week Ago Holiday Month Ago 120.02 Year Ago iSept. 11l 99 89 1934 High (Aug 29) 120 95 1934 Low iJan. 3i 101.05 Copyright. '34. Bv Dun A- Bradstreet. Inc. AUTO PRODUCTION"DIPS AS FORD SHUTS PLANT Two Detroit Firms Start Operations After Week's Layoff. By Times Special DETROIT, Sept. 11.—With Ford and Oldsmobile closed over the seven-day period and six other manufacturers curtailing schedules, the sharpest decrease in auto production since the week of July 4 was reported for the week ended Sept. 1. Both Ford and Oldsmobile resumed Tuesday. Last week 32.586 units were produced by the industry’- representing a decrease of 19.765 units from the-previous week and 14.261 units below the production figure of 46.847 during a like week of last year. About 235.000 passenger cars and trucks were turned out in the United States and Canada during August, which is about 15 per cent under the July output. The seasonal trend is expected to be downward. N. Y."STOCK EXCHANGE REPRESENTATIVES MEET Officials Confer on Regulations Governing Specialists. Bp l ailed Prem WASHINGTON. Sept. 11.—Representatives of the New York Stock Exchange, headed by President Richard Whitney, conferred with securities and exchange commission officials today relative to working out regulations governing specialists after Oct. 1. when the new law becomes effective. Yesterday exchange commission officials conferred with members of other American stock exchanges and it was indicated formal regulations might soon be drafted. Attending todays conference with Whitney was Roland Redmond, counsel of the New York Stock Exchange and eight New York Stock Exchange specialists. Twelve Dividends Favorable Bp Ttmet Special CHICAGO. Sept. 11.—Twelve favorable dividend changes took place in the last week, compared mth twenty-two the week before, according to the Standard Statistics Company. On the unfavorable side there were two changes against three in the previous week.

New York Stocks - bt Abbott. Hoppin At Cos. ———————

AVERAGE STOCK PRICES for MONDAY Net High. Low. Close, change. Thlrtv industrials 91.32 89.04 89.26 —1.57 Twenty rails 35.16 33.96 34.10 -1.04 Twenty utilities 20.08 19.95 19.60 —.36 Forty bonds .... 91.95 —.25 Ten first rail* .... 99.41 —.13 Ten second rails .... .... 73.86 —.44 Ten utilities .... .... 98.06 -25 Ten industrials .... 96.46 —.19 -Off. ■Where saalalians are not tire* there has been na trading in those Isanea.

—Sept. 11 Prev. Oila— High. Low, 10 00. close. Amerada ... ... 45 I Atl Rle 24 Barnsoail •'/§ ' Consol Oil Ota ; Com ol Del 17 17 Houston mew> Houston <oldi . .. ... . - 18 Mid Cont Pet 11% 11‘a Ohio OH S’* 10 Phillips Pet 15 Plymouth Oil 8% Pure Oil 7Vi 7% Roval Dutch 33H Sbd Oil 22** 23 Shell Un 7 , Skeiley Oil 9H Soc Vac 13% 13’* 3O of Cal 32'* 32 1 2 > 8 O of Ind 26'j 26*. S O ol N J 43'a 43’a ] Texas Cotp 22 i Tidewater Assn 9S Un Oil of Cal 14% j Steel*— !Am Roll Mills , 16 U i Beth Steel 27V 27 Bvers AM l*Vb Cruc Steel 18 i Inland Bteel 36 Va : McKeesport Tin 8* I Natl Steel . , ?8 % Rep Iron & Stl 12% 12% I U S Pipe At Fdy 18 i U 8 S*eel 32’, 32'. U 8 Steel pfd 76'. 76’* Warren Bros . . .... • • * Youngst nBAt T 14% 14% 14’* 15 Motor.— Auburn • ■ 22 Chrysler ■ 30’a 30*. Gen Motors .... 27H 27Va 2iV* 27% Graham Mot 2 Hudson 7H 7H S151W::::: ::: ::: ;1 Nash 73 Va Packard 3Va 3a Reo JVa Studebaker ■>,, Yellow Truck 3H Motor Access— Bendix 11% 12 Bohn Alum 48% Fcrg Warner 19'* £S*w:::::: ::: • "% Eaton Mfg JjjVa Elec Auto Lite ••• 22 Houdaille 'A' 4 Mullins Mfg 7*4 Murray Body ... 4% Stew Warner .. 5’4 5*4 5*4 6 Timken Roll 27*4 28% Mining— Alaska Jun }§% : Am Metals I§' Am Smelt 33'a 33 33 33% Anaconda ll'/a 11 * Cal At Hecla 3'* Cerro De Pasco 36% 36% Dome M.nes ... 42’4 42% 42'. 43% Granby 6*/* 6*4 Gt Nor Ore ... 11 Howe Sound... 48‘a 47% 41 Va 48% Ins Copper 3Va Int Nickel . 2d'. 24% Kennecott Cop.. 18% 18 18 l?Va Mclntyre Mine . 44’* 44% 44 s , 45 Phelps Dodge 14 V* 14'* St Joe Lead 16’* U S Smelters... 112% 109% 109% 113 Vanadium ... ••• 16 Amusements — Fox Theat 10% Loews Inc 25*4 25 s , Radio Corp .... 5V4 5 5 5 1 , RKO - 2'/a 2% Warner Bros ... ... 4'* Tobaccos— Am SnufT ... 63 Am Sum Tob 18', Am Tobocca (A) .. 72’* Am Tob <B( 74V4 74'a Gen Cigars . 43 Ligg Si Myers (B) .. : 96 Lorillard ... ... 17Va Reynolds Tob (B> 45’4 46 Rails— Atchison 48 47H 47H 47% Atl Coast Lines.. .. ... . 26 B At O 14 s , 14% Can Pac 13% 13% Ch At Ohio 42% C M At St P pfd 4*4 4% Chi N W s*/* 5% Chi N W pfd 11 Dela At Hud 38 Del Lac At W 15’* Erie 11% Grt Northern pf 13 s , 111 Central 15% K C Sou 7% Lehigh Valley 10 s * 11 Lou At Nash 39’* 39 MKAtT 5% s s a Mo Pac ... . 2% N Y Cent 20% 20 20 20% N Y Chi At St L l 2 N Y C At St L pf 18 N Y New Haven .. ... 9% 9% Norfolk At Wes ... ... .. 168 Nor Pac 16*4 16% Penn R R 21 ‘a 21% 21 % 21'* Reading 38'* Sou Pac 16% 16 s , Sou R R 14% 15 Sou R R pfd . 18% Union Pac 93% 94% Wabash ... ... 2% West Maryland Bs*8 s * Equipments— Allis Chalmers 12 12 Am Brake Shoe 23 Am Car At Fdy 15% Am Loco ... 15% Am Loco pfd 39'* Am Mach At Fdy 13% 13% Am Steel Fdy 13% Bald Loco 7Vi 7% Burroughs ... . 11 % Case J I 38% 38% 38% 38% Cater Tract 24% 25 Deere Ar Cos 15 Vi Elec Stor Bat 37 37 Foster Wheeler 10 s , Gen Am Tank C 31% Gen Elec ... 17% 17% 17 s , 17% Gen R R Sig 24% 25 Ingsol Rand 54 Int Bus Mach 138 Int Harvester ... 24 s , Natl Cash Reg 13% Pullman Inc .... .. 39% 39% Rem Rand 7*, 7% 7% 7’* Und Elliot 45 West Air B . 17% 17% Westtngh Elec . 30 s , 30% 30% 30% Utilities— Am At For Pwr .. ... ... 5% Am Power At Lit ..* 4% AT&T . Ill** 111’* Am Wat Wks ... 15% 15% 15% 15% Brook Un Gas 57% Col Gas At Elec 8% 8% Col G At E pfd 63 Com At Sou 1% 1% Consol Gas 26 25% Elec Pwr At Lit 8 Int Hydro Elec 4 4% Int T At T . 9 8% B’* 8% Nat Pwr At Lit. . .. .. 7% North Amer ... 12% 12% 12% 12% Pac GAtE 14% Peoples Gas 22% Postal Tel pfd .. . . 12% 13 Pub Serv N J . 30% 30% 30% 30% So Cal Edison 12 12 S'd Gas 7% Std Gas pfd 7% Stone V Webster s’* Un- ed Corp 3 s , JF* Un Gas Imp 14% 14’, Ut Pwr At Lit <A) 2 Western Union . .. ... 32% 33’* Rubbers— Firestone ... 14% 14% Goodrich 9% 9’* Goodyear 19’, 19% U S Rubber 14% 14% U S Rubber pfd 34% 34’* Miscellaneous— Am Bank Note . 12% 12% 12% 13 Amer Can 96% 96 96% 96% Anchor Cap 15’* Brklvn Man Tr 42 42 Conti Can 79% Curtis Pub 16% Eastman Kodak.. ..' ... 97 97% Gillette 11% 11% Glldden 22 5 , 22% Inter Rapid Tr 15 14% Owens Bottle 66 66% Ravbestos Mfg 18 Foods— Am Sugar 64% Armour <A) 6% 6 Beatrice Cream'v 16% 16% Borden Prod . 22% 24% Cal Packing 37% 37% 37% 3i Can Dry G Ale 15 15 Coca Cola 135% Cont Bak >A) 6 6 Corn Prod 57% 58 Crm of Wheat 32 Cuban Am Sugar .. ... .. 7% Gen Foods 27 28% Gold Dust 17% 17% G W Sugar 29 29 Loose Wiles ... 39% . Natl Biscuit 32% 32% j Natl D Prod 16% 16% ! S Por Rico Sug 30 31% Std Brands 18% 19 Un Biscuit 22% 22% United Fruit 71% 71% Ward Bak A’ 5% Wriglev 64% Retail Store*— Assn Drv Goods .. 9% Best Si Cos 32 First Natl Stores 64’, Gr Un Tea 5% Hahn Dept Sta 4% Kresgke 8 S 17% 17% Kroger Groc 27% Macr R H 37 Marshall iFelds 10% Mav Dept St. . . 35 j Mont VVard .... 23 22 % 23 22% ! Natl Tea 10% I Pennv J C 55% 56’* Safeway St 46 5 , Sears oßebuck 35% 35’* Woolworth ... 47 47 Ariitba— Ariation Corp 4 4% Curtiss Wright 2% 2% Cuttiss Wright A 7% Douglas Air 15* 15% Nor Am Av 33% Speerv Corp 7% United Aircraft 13’* 14 Cheaieala— Air Reduction 97 Allied Chem . 126 127% Am Com Alco 24% 24% 24% 24% Col Carbon ... 63% 63 63 64 Com Soixenta .19 18% 19 19 Dupont .... 85% 85% 85% 85% Freeport Tex .. .. . . . 29% Liquid Carb ... 90 Math Alkali --- 25% 25% Montoson Chem 50 l * 50% 50% 50% Natl Di* 1 new) 18% 18% 18% 18% Schenlev Di*' 20% 20% Tex Gulf Sulph 33% 33% 33% 34 Union Carbide .. 39% 39% 39% 40%

.wilin' I ... II I THE INDIANAPOLIS TIMES

0 8 Ind Alcohol 37 Vir Chem 6% pf 16% 18% 16% 16 s . j Drag,— Coty Inc 5 Lambert 23 s * 23% Lehn At Fink H% I Un Drug .. ll ‘ Zonite Prod 3% 3% Financial— Adams Exp 6% 6% Allegheny Corp 2 Am Int Corp ... 6% 6% 6% 6’, Chesa Corp .. .. 38% Lehman Corp .. 67% 67 67 65 s , Transamerica ss,5 s , Tr Conti Corp 4 4% Building— Am Radiator 12% Gen Asphalt 15% 15V, Int Cement . 21 Johns' Manville 42% 42% 42% 42 5 , Libby Owens Gls 26% 27 Otis Elev 14% Ulen Const 1% Household— Col Pal Peet 13% 13% Congoleum ....... . . 26’* 26% Kelvinator 12% 12% 12% 12% Mohawk Carpet Proc At Gamble 36% 36% Simmons Bed 9% Textile,— Amer Woolen ... 8% 8 8 8% Belding Hem .• ... 11% Celanese Corp .. 19% 18% 19% 19 Collins Aikman.. . 10% 11 Indus Rayon ... 22% 22% 22% 23 Kayser Julius 14 New York Curb (By Abbott, Hoppin At Cos.) —Sept. 10— Close. Close. Allied Mills ... 6% Gulf Oil of Pa 54% Alum Cos of Am 51 Gold Seal Elect 2% Am Cvanide B' 15% Hiram Walker . 25 Am Gas A: El 21 % Humble Oil .. 41’, Am Superpwr . 1% Imp Oil Ltd ... 14’, Assin G At El . % Hud Bay Min... 14% Atlas Corp 8% Int Petrol . 28% Brazil Trc A: Lt 10' Lake Shore Min 57% Can Ind A'.c A 8% Libby McN LlO „ ICan Marc .... 17,I 7 , Lone Star Gas. 4’* Carrier Corp .. .7% Mt Producers . 4% Cities Serv . ... l%Nat Bellas Hess Commonwlth Ed 45 Newmont. Min.. 42% Consol Gos Bit 66 Nia Hud Pwr . . 4% Cord Corp ... 3% Novadel Agene.. 20% Creole Petrol .. 13 iPark Davis .... 25% Crown Ck Inti. 8% Penn Road .... 1% Deere At Cos. . 15% Sal Crk Prod.. ss,5 s , Distillers Corp. 13 s , sherwin Wms .. 71V* Dow Chem .. 70 IStd of Kv . ... 15% El Bnd At Sh.. 10 iTeck Hugh Gold 6 s , Fisk Rubber . 7% Un Gas 2 Ford of Can A’ 19% Un Pw At Lt 'A’ 1% 31en Alden Coal 19 IWright Har Min 9%

Chicago Stocks By Abbott. Hoppin & Cos.

—Sept. 11High. Low. 11:30. Bendix Aviation 11% ll'/a 11’* Berghoff Brew Cos 4% Borg-Warner .. 19% Butler Bros 7% 7’* 7% Chicago Corp. com .. 2 Chicago Mail Order .... 9% 9% 9 s , Commonwealth Edison 43% Marshall Field & Cos ... 10% General House Util .... 7*4 7% 7% Iron Fireman 14 Kingsbury Brew Cos 1% Libby-McNeil 7% Quaker Oats 120 Swift & Cos 18 17% 18 Swift International ... 36 35% 35’* Utility & Ind pfd 2%

Bond Prices By Fenner & Beane "

—Sept. 11— High. Low. 10:30. Alleg Corp 5s 'SO ... 22% Am & For Pwr 5s 2030 50 A T & Tdb 5s ’65 108% 108% 108% Atchison Gen 4s 95.... 101% 101% 101% B & O cv 4%s '6O 54 Beth Steel 5s A 42 102*4 Can Pac 4s ’57 ... CMStP&P adj 'S A 20000 8% B>/ 4 B*4 CMStP &P rs 5s A 75 28 25% 26 Cons Gas N Y 4%s ’57 103 Goodyear 5s ’57 4% 4 4% Gt Nor 7s A ’36 85% 84*4 84% Interboro Rt 5s '66 .... 75 74% 75 Int T&Tdb 5s '55 . 57% 57 57% McKess & Robb 5%s ’SO .. 83 Nat Dairy db s' 4 s '48.. 98 97% 98 N Y Cent 5s O 2013 64 Nor Am 5s ’6l 85% Pac Gas & El 5s A ’42 105 Para Pub 5%s 'SO 47 Penn R R 4%s D 'Bl 94% Poland 7s '47 123% Shell Un Oil 5s ’52 99% Sin Cons 6%s B '3B 103% Tob Pr N J 6%s 2022.. 106*4 Un Pac Ist 4s '47 .. 105% 105% 105% U S Rubber 5s A '47... 83% 82% 82% Vanadium 5s '4l . 83 Ygstwn S & T 5s B ’7O 84% 84 84 U. S. GOVERNMENT BONDS By United Press. NEW YORK. Sept. 10—Closing Liberty Bonds. (Decimals *represent 32nds.i. —Liberty—--3%S (32-471 102.25 First 4%s (32-471 102.31 Fourth 4%s (33-38) 103.11 —Treasury—--4%5-3%s (45) 100.31 4% s (47-52) 110.17 3%s (43-47) 101.30 3%s (41-43) March 102 3%s (40-43) June 102 3xs (43) 101.30 3'aS (46-49) 100.12 3s (51-55) 99.14 FEDERAL FARM LOAN BONDS (By Blyth & Cos.. Inc.). —Sept. 10Bid. Ask. 4s July 1. 1944-46 95*2 97% 4s Nov. 1. 1957-37 95% 96% 4s May 1. 1958-38 95% 96% 4*4s July 1. 1956-36 96% 97% 4%s Jan. 1. 1957-37 96% 97*4 4%s May 1, 1957-37 96% 97*4 4%s Nov. 1. 1958-38 96% 97% 4%s Mav 1. 1942-32 98 % 99% 4%s Jan. 1. 1943-33 98% 99*4 4%s Jan. 1. 1953-33 97% 98% 4%s Julv 1. 1953-33 97*2 98% 4*25 Jan. 1. 1955-35 97*2 98% 4%s Jan. 1. 1956-36 98 99 5s Mav 1. 1941-31 100 100% 5s Nov. 1. 1941-31 100 100% —Home Loan—--3s Mav 1. 1964-44 96 28 87.06 4s July 1, 1951 96.28 97.06 —Federal Farm Mortgage Corporation—--3%S March 15. 1964-44 99.00 99.16 MINERAL PRODUCTION INCREASES IN CANADA Ontario Minos Set at Much Higher Figure Than Year Ago. Hu Timet Social TORONTO, Ont., Sept. 11.—Ontario’s mineral production in the first half of 1934 was valued at $48.709.866. against $32,562,511 in the corresponding period last year, with gold both years at $20.67 an ounce. Gold represented $21,503,242, nickel $15,016,622 and copper, $7,525,370. Tons of the ore milled by gold mining companies increased with an accompanying decline in recovery of gold in ounces as price of the metal increased, reports show. Exchange equalization received on gold was $4,905,386 in the first half of 1933. and $15,123,074 during the first half of 1934. STOCK INDEX DECLINES Common Issues During Previous Week Drop to 11.16. H '/ J imeg Special NEW YORK. Sept. 11.—The in-; vestment companies common stock index declined with the general | market during the last week, as j evidenced by the averages compiled \ by Distributors Group. Incorporated. The average for the common stocks of ten leading management companies. influenced by the leverage factor, stood at 11.16 as of the close Sept. 7, compared with 12.01 on Aug. 31. Average of the non-leverage stocks stood at 14.26 as of the close Sept. 7. compared with 14.13 at the close on Aug. 31. Average of the mutual funds closed at 10.03. compared with 10.22 at the close of the previous week. Other Livestock •Bv Untied Press) FT WAYNE. Sep? 11—Hogs—25c lower; 250-300 lbs. IS 45. 200-250 lbs. 86 35; 180200 lbs.. 16 25 160-180 lb*.. 86.15: 300-350 lb# . 86 30. 150-160 lbs.. 85 50: 140-150 lb*.. 85 25. 130-150 lbs . 85; 120-1)0 lbs., 84 75: 100-120 lb*.. 84 10: roughs. 84 75; stags. 82.75. Calves, 87.30. lambs, 86.50.

SWINE VALUES AGAIN DROP 25 CENTSATPENS Cattle, Lambs Stationary; Vealers Steady to Lower. Porker prices, which have declined for more than a week at the Indianapolis Union Stockyards, today moved into further low levels. All prices were generally 25 cents lower than yesterday's average. Following a similar decline registered in the previous session, prices today were generally 50 cents lower than last week's close in two days’ trading. The bulk.' 160 to 200 pounds, was selling at $6.50 to $6.55, while heavy kinds weighing 200 to 300 pounds, brought $6.40 to $6.60. Top held at $6 65. Demand continued light. Small slaughter pigs, scaling 130 to 160 pounds, were salable at $5.50 to $6. Packing sows were salable at $4.50 to $5.75. Receipts were estimated at 7.000; holdovers, 958. Initial trading developed slow in slaughter steers, with the majority of classes tending lower. Early action in the cattle market was limited mostly to low-grade she stock. Best grade steers ranged from $8 to $lO. Receipts were 2,000. Veal prices were steady to largely 50 cents lower than the previous close, with most grades salable at $7.50 down. Receipts numbered 1,500.

Only slight change was displayed in the lamb market and practically all grades were stationary. Bulk of ewe and wether lambs brought $7 to $7.25. Bucks were discounted sl, while throwouts sold at $4 to $5.50. Receipts were 1,500. Early bids were evident on hogs at Chicago and talking was sharply lower than yesterday. Receipt were estimated at 18.000, including 9,000 directs; holdovers, 4.000, Cattle receipts were 10,500, including 500 governments. Calves, 3,100, including 100 government; market about steady. Sheep receipts 10,000; market unchanged. Sept. Bulk. Top. Receipts. 5. s7.4oft 7.50 $7.80 4,000 6. 7.15® 7.25 7.35 4,000 7. 7.15® 7.25 7.35 5,500 8. 7.00® 7.05 7.15 2,500 10. 6.75® 6.80 6.90 8.000 11. 6 50® 6.55 6.65 7,000 Market. Lower (140-160) Good and choice ...$ 5.75@ 6.50 —Lisrht Weights—-(l6o-180) Good and choice.... 6.50® 6.55 (180-200) Good ajtd choice.... 6.55® 6.60 —Medium Weights—-(2oo-220) Good and choice.... 6.55® 6.65 (220-250) Good and choice.... 6.55® 6.65 —Heavy Weights—-(2so-290) Good and choice.... 6.40® 6.50 (290-320) Good and choice.... 6.20® 6.40 —Packing Sows—-(27s-350) Good 5.60® 5.85 (350-425) Good 5.50® 5.75 (425-550) Good 5.25® 5.60 (275-550) Medium 4.75®! 5.50 —Slaughter Pigs—-(loo-130) Good and choice 4.25(g) 5.25 CATTLE Receipts, 2,000; Market, Steady —Steers—-(sso-900) Choice 7.25® 8.75 Good 6.25® 8.00 Medium 4.25® 6.50 Common 3.00® 4.25 (900-1.100) Choice 8.50® 9.75 Good 6.75® 8.75 Medium 4.50® 7.00 Common 3.25® 4.50 (1.100-1,300) Choice 9.00®10.25 Good 7.25® 9.25 Medium 5.25® 7.25 (1.300-1,500) Choice 9.00®10.25 Good 7.50® 9.50 —Heifers—-(sso-750) Choice $ 7.00® 7.75 Good 5.75® 7.00 Common and medium 3.00® 5.75 (750-900) Good and choice ... 6 00® 8.00 Common and medium 3.00® 6.00 —Cows— Good 3.50® 4.50 Common and medium 2.50® 3.50 Low cutter and cutter 1.25® 2.50 —Bulls—(Yearlings Excluded) Good 3.25® 3.50 Common and medium 2.25® 3.25 VEALERS Receipts, 300; Market. Lower Good and choice $ 7.00® 7.50 Medium 4.50® 7.00 Cull and common 2.50® 4.50 —Calves—-(2so-500) Good and choice ... 4.75® 6.50 Common and medium .. . 2.50® 4.75 —Feeder and Stocker Cattle — (Steers i (500-800) Good and choice ... 4.50® 5.50 Common and medium 3.00® 4.50 (800-1,0501 Good and choice. 4.50® 5.50 Common and medium 3.00® 4.50 (Heifers) Good and choice 3.00® 4 25 Common and medium 2.50® 3.00 —Cows— Good 2.50® 3.00 Common and medium 2.00® 2.50 SHEEP AND LAMBS Receipts, 1,500; Market. Steady Lambers, 90 lbs. down, good and choice $ 6.75® 7.25 Common and medium 4.50® 6.75 —Ewes—-(9o-120) Good and choice .... 2.00® 2.75 (120-150) Good and choice.... 1.75® 2.50 All weights, common and medium 1.25® 2.00

Other Livestock (By United Press( CHICAGO. Sept. 11.—Hogs—Receipts. 18.000, including 9.000 directs; market. 25 ®3sc lower than Monday; 200-320 lbs., $6.75®6.85; top. $6.90; 170-190 lbs., $6.25 ®6.75; most light lights, $6 downward; pigs. $5 down: packing sows, $5.75® 6.25; light lights, 140-160 lbs., good and choice, $5.25® 6.25; light weight 160-200 lbs., good and choice. S6®C.BS: medium weights. 200250 lbs., good and choice. $6.75® 6.90: heavy weights. 250-350 lbs., good and choice, $6.65®6.90; packing sows, 275-550 lbs., medium and choice. $4.75® 6.30; slaughter pigs, 100-130 lbs., good and choice. $3.75® 5.25. Cattle—Receipts. 10.000 commercial. 500 government; calves, receipts, 3.000 commercial. 100 government; better grade fed steers and vearlings, strong to 15c higher; supply such kinds small; lower grades largely native and western grassers predominating in run: lower grades about steady with stockers and feeders moderately active: other killing classes generally steady; best fed steers. $10.25; long vearlings. S10: light yearling steers. $9.50; heifers. $8 50; bulk low-priced steers. s4® 7: slaughter cattle and vealers: steers. 550-900 lbs., good and choice, $6®9.50; 900-1,100 lbs., good and choice. $6.50® 10 25 1.100-1.300 lbs. good and choice. $7.25® 10.50: 1 300-1 500 lbs., good and choice. sß® 10.75: 550-1 300 lbs., common and medium, $3.25® 8; heifers. 550-750 lbs., good and choice. s6® 8.50: common and medium. $3.25® 6 25; cows. good. $3,754(5.75: common and medium. $2.50®3.75; low cutter and cutter, $1.50® 2.50: bulls, j'earlings excluded, good, beef. $3.25® 4.25: cutter, common and medium. $2.50® 3 50: vealers. good and choice. $6.50®8 50: medium. ss®6 50; cull and common. s4®s; stocker and leeder cattle: steers 550-1.050 lbs., good and choice. $4.50® 5.50 common and medium. $3®4.50. Sheep—Receipts. 10.000: slaughter classes, slow, steady to 25c lower: early sales native lambs. $675 downward: best

held around $7; double 83-ib. yearlings. *5.75; feeding lambs, about steady; desirable qualities. *5.75ft 6: slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $6 40ft 7.10: common and medium. $5.50ft6.50: ewes. 90-150 lbs. good and choice. 81.75ft2.75: all weights, common I and medium. $1 50ft2.15: feeding lambs 50-75 lbs. good and choice. *5 50ft6 25. LAFAYETTE. Sept. 11 —Market. 25ft 30c lower: 200-250 lbs. 56.40ft6.45: 250-300 libs. *6 25ft 6 35: 164-200 ibs $6 20ft 6.40: 1140-160 lbs. $5 50® J. 75 125-140 lbs *sft 15 25: M 5-125 lbs.. *4 50ft4 75: 100-115 lbs s4ft 4.25: roughs. 85 25 down: top calves *6 50 down; lambs. $6 down. <Bv Times Special ) LOUISVILLE. Sept. 11—Cattle—Commercial, 300; government 1.525; fresh receipts. light but holdover from Monday liberal: market opening slow, mostlv earesales to shippers reecting Monday's full loss on steers and heifers: bulk common to medium steers and heifers. $3 ft 425 load or so low qualified cutter steers and heifers down to 82 50 or less; better finished offerings absent: ouotable to $6 and above for strictly good bulk beef: cows, 82 50ft 3: practical top. *3 25; smooth heifer tvpes eligible; higher low cutters and cutters mostly 514?2.25; bulk sausage bulls. 82 50 ft 3: trading on desirable Hereford stock calves slow: bulk saleable. 84.50ft5 25: good steer calves eligible. 85.50 or tetter: common to medium natives. 82 50ft 3 50: calves, commercial. 83 50; vealers. steadv to 50c lower, most loss on better grades bulk: better vealers. *6ft6 50: medium. 85ft 5 50 lower grades and heavy grass calves. 84.*0 down. Hogs—Receipts. 700: 35c lower: t*i and bulk better 185-275-lb. weights. 16 35; 280 lbs. up *5 90 * 60-180 lb*.. $5 65; 140155 lbs *5 15: 1 .'*o-135 lbs . *3 65. sows. *4 15 Sheep—Receipts. 3 50. lambs steady to 25c lower: most loss on b-tter grade's bulk: better lamb*. *666 25: choice kinds quotable to *6 50 or better: bucks, discounted and light throwouta mostlv *3 so; bulk fat. *162: choice lightweights eligible. 82 25; most better stock ewes salable. $6 67.50 a bead.

Two-Day Parley Called for U. S. Bank Examiners American Institutions Believed to Have $5,000,000,000 in Lendable Funds on Hand. BY RICHARD L. GRIDLEY United Press Staff Correspondent WASHINGTON. Sept. 11.—Administration officials today attacked what was believed the crux of the entire recovery program—the slowness of the banks to finance industry so that it could expand. The occasion was a two-day conference here of federal bank examiners who have been criticised for checking the recovery program through their strict demands.

The conference was called by Secretary of Treasury Henry Morgenj thau Jr., who wishes to co-ordinate j activities of treasury, the federal re- ! serve board, the Federal Deposit 1 Insurance Corporation, and the Reconstruction Finance Corporation in bank examination. He wanted to know’ “why banks are not lending on a larger scale and whether bank examinations are a significant factor in this respect.” American banks are believed to have at least $5,000,000,000 of lendable funds and the federal bank examiners were told that they should be more lenient in their examination of banks. Credit Expansion Asked The plea came from Francis M. Law, president of the American Bankers’ Association, who asked for more leniency in federal bank examinations as an encouragement to the expansion of credit to business. “Os very great interest among bankers,” Law said, ‘‘is the important subject of the classification of loans by examiners. The general and prevalent complaint of bankers against examiners is not in regard to the loss of doubtful columns, but rather the classification of loans admitted to be good, but criticised as slow. “While it may be true that no real harm comes to a bank from having a large total appear in the examiner’s report, under the slow classification, the effect on the management and on the board of directors is bad. These men are human and they will be less inclined to make perfectly good loans which they consider entirely safe, if, in their minds, there is danger of these loans being clasified as slow. Industry Loans Small “Directors are apt to get ‘cold feet’ in their own business if they find that practically all so-called slow loans are criticized by the government. in other words, the existing program of slow classification is a distinct deterrent and discouragement to the expansion of credit.” Accompanying Law’s remarks was word that the federal government was making only slow progress in its own program of making loans to business in more or less direct competition with the banks. Jesse H. Jones, chairman of the board of the Reconstruction Finance Corporation reported only $10,661,000 loaned to industry under a $300,000,000 lending program and the federal reserve board could count only $922,000 in loans to industry from its $280,000,000 "pool." Morgenthau reserved judgement on the bank and government lending program until his agents could complete a survey of the Chicago federal reserve district. Produce Markets Delivered In Indianapolis prices; Heavy hens, 14c; Leghorn hens, 9c; 1934 broilers. 2 lbs. and over, 14c; Leghorn broilers. 1% to 2 lbs. and over, 10c; bareback broilers. 10c: old roosters. sc; ducks, 4c; geese. sc; young guineas, 20c; old guineas. 15c: No. 1 strictly fresh country run eggs, loss off 19c. Each full case must weight 55 lbs. gross; a deduction of 10 cents a pound for each pound under 55 lbs. will be made. Butter—No. 1. 28®29c. Butterfat. 23c. ( Quoted bv the Wadley Company. (By United Press) CHICAGO. Sept. 11.—Eggs—Market, steady; receipts. 2,594 cases; extra firsts, 22%c; fresh graded firsts. 22c; current receipts. 18®2fc; dirties No. 1,17 c; No. 2. 14c; checks. No. 1. 17c; No. 2,14 c. Butter —Market, weak; receipts, 13,552 tubs; extra firsts (90-91% score), 23%*<23%c; extras (92 scorei. 24%c: firsts (88-89% score), 22%®23%c; seconds (86-87% scorei, 22c; specials. 24%4i25%c: standards, 24%c. Poultry—Market, easy; receipts. 1 car. 24 trucks. 2 cars due; fryers, 15<(/17c; broilers. 15®17c; Leghorn broilers. 14%c; geese old, 7%®11%c; turkeys. 13 ifjlsc; old roosters. 11c; hens. 13%®16%c; ducks, spring, 12®14%c; springers, rock, 17(o 18%c. Cheese—Twins. 12 3 ,4®13c; daisies, 13%®13%c; Longhorns, 13%® 13 Vic. Potatoes —Supply moderate; demand and trading light; market, firm; Wisconsin Cobblers, $1.35; triumphs, $1.65; russets. $1.90. combination grade. $1.40® 1.50; Michigan cobblers, $1.25; Minnesota cobblers. $1.25, early Ohio. $1.35; Washington russjts. $1.75. Arrivals 41. on track 214. shipments 337. NEW YORK Sept. 11.—Potatoes—Firmer; Long Island. 4ac®sl.lo bag; New Jersey. 95c®$l bag. Sweet potatoes—Steady; Jersey baskets. $1.50; southern barrels. $3.25; southern baskets. 40c® $1.35. Dressed poultry—Quiet; turkeys, 19®34c; chickens, 11® 28c: broilers. 16® 28c; fowls, 10® 21c: Long Island ducks. 14®,17c. Live poultry —Dull; geese, 8® 10c: turkeys, 17®23c; roosters. 12c; ducks, 12® 19c; fowls. 12® 21c; chickens. 22® 25c; broilers. 12® 23c. Cheese —Dull and easier; state whole milk, fancy to specials. 19®20c; Young America. 14® 14%c. Butter—Receipts. 11.719 packages; market, easier; creamery higher than extras. 25®25’*c; extra (92 score). 24%c; first (90-91 scorei. 24%®24%c: first (8889 score', 23%®,23%c; seconds, 22%®23c; centralized (90 scorei. 24%c; centralized (88-89 score). 23%®23’*c; centralized >B487 scorei. 22%®23c. Eggs—Receipts. 14.721 cases: market, steady; special packs, including unusual hennery selections. 25® 28c: standards. 24%c: firsts. 22®22%c; seconds, 21®21%c: mediums. 21®.21%c; dirties, 21®21%c; checks. 17c.

On Commission Row —Sept. 11— Quotations below are average retail prices being offered to buyers bv local commission house dealers. Peaches Michigan Elbertas. bushel. s2® 2.25. Plums—Michigan, large blue, half bushel. $1.15: Italian, half bushel. $1.15. Pears —Michigan Bartletts. busheL $2.25: Clapps favorite. $2. Lemons—Sunkist. $5.50. Grapes—California seedless, crate. $1.25 Grapefruit—California seedless. $4,25. Watermelons—2s® 50c. Bananas—Pound. 5%c. —Vegetables— Endive—Ohio. 2 doz., basket. 85c. Sweet Corn—Home grown, doz . 20c. Cabbage—Northern. 50-lb. bag. 85c. Celery—Michigan, medium, dozen. 45c; jumbo. 65c. Cranberries—2s-lb. box. $3.25. Onions —Idaho sweet Spanish, large. 50lb. bag. $1 50: Michigan. yellow. $1.25: westren. whites. $1.85. Pickling Onions—lo-lb. bag. 75c. Potatoes—Eastern Cobblers. 100-lb. bag, $1.75: Wisconsin round white. 100-lb. bag. $1 65: Idaho russets. $2.25. Sweet Potatoes—Eastern Yellow Jerseys, bushel. $1 75. Beans—Round stringless. bushel, $1; home-grown Kentucky Wonders. 65c; home-grown Limas, large, lb.. 40c. Beets—New. 30c doz. Carrots—Ohio, doz., 35c. Cauliflower—lss-lls. crate. $1 75. Lettuce—Outdoor. 15-lb. basket. 65c; Iceberg California crate. $4 50. Cucumbers —Home grown, bu.. $1 50. Egg Plant—Home grown, dob.. sl. Peas—Hamper. $2 25. Peppers—Home grown, bu.. $2 Radishes—Basket of 2 doz.. 85c Spinach—Home grown. New Zealand, bu . 65c: Broadleaf. 12-lb basket, 65c Tomatoes —Outdoor, basket. 5(k., bu.. $1,50. FRUITS AND VEGETABLES (Bv United Press' CHICAGO. Sept. 11—Apples—Michigan Wealthies. bushel. 2%-incn. $1.35® 150: Michigan Mclntosh $135®150 Tomatoes —Michigan 12-qt baskets. 30®60c. Sweet potatoes—Tennessee, bushel. $1.25 Peaches —Michigan, bushel. $1.25® 225 Le’tuce— California, crates s2® 3.75. Beans—lllinois. bushel. 50® 75c Cabbage—Wisconsin, crates. 50® 75c. Corn—lllinois, sacks. 25 ®soc. Carrots—lllinois, bushel. 75® 85c Peppers—lllinois, bushel. 40® 75c Eggplant—lllinois, bushel. 40® 50c Celery— Michigan, crates. 40® 75c. square. Cauliflower—Western, crates. $1 25® 1 35 Grapes —Michigan Concord. 4 quarts. 12%®16c Onion market 50-lb sacks': Michigan yellows. 70® 80c: Idaho whites. 90c® $125: Idaho vellows. 2-inch. 90c; Utah yellows. 2-inch, 90c. Canal Tolls Increase By Time Special CHICAGO. Sept. 11.—'Tolls from the Panama Canal during August amounted to *1,906.821, against *l,825.294 in July, and *1.829.754 in August. 1933, according to the war department.

U. S. CORN CROP HITSNEW LOW Total Output Estimated at 1,484,602,000 Bushels for 1934. By United Prexs WASHINGTON. Sept. 11.—The smallest United States corn crop since 1881, 1,484.602,000 bushels, is predicted by the department of agriculture. The crop is now estimated to be 43.5 per cent of normal, due to the summer drought. Com prospects have declined 122,500,000 bushels since last month, the crop reporting board said. Although too late to aid the corn crop, recent rains have caused a marked improvement in growing conditions in the drought-stricken states south from Minnesota and Nebraska and also in much of the area east of the Mississippi. Late potatoes, late hay, tobacco, sorghum, buckwheat and other crops still growing were helped and in some areas they may still make considerable growth if cold weather holds off, the department said. Allowing for the heavy riduction in the com estimates and for slight changes in prospects for oats, barley and grain sorghums, the production of these four seed grains combined is estimated at 55,000,000 tons, which would be 34 per cent below production last year and 46 per cent below the average production during the previous ten years.

Marriage Licenses Clarence Baker. 26. of 1124 Lexington avenue, draftsman, and June Burleson. 19. of 2415 Shelby street, stenographer. Harry Ross. 58. of 1332 West Thirtieth street, plasterer, and Edith Zook. 39. of 1332 West Thirtieth street, cook. Carl Boettcher. 45. of 1225 East Fiftysecond street, clerk, and Marjorie Mever. 28 of 1225 East Fifty-second street, housekeeper. William Parrish. 20. of 546 Torbett street, laborer, and Acie Shields. 20. of 604 Torbett street, housekeeper. Archie Hendricks. 59. of 2122 Park avenue. insurance, and Effie Roberts. 55, of 2120 Park avenue, housekeeper. Ernest Lamar. 39, of 2445 North Gale street, car repairer, and Viola Rodgers. 29. of 3419 East Twenty-fifth street, operator. Perry Williams. 31. of 2739 Madison avenue. gardener, and Frieda Rosebrock, 33. of R. R. 4. Box 590. housekeeper. Henry Silver, 36. of R R. 10. Box 27. truckman, and Marjory Patrick. 26. of R. R 10, Box 20. housekeper. Ira Wanamaker. 30. of 1310 West Washington' street, truck driver, and Goldie Partlow. 24. of 4230 West Washington street, housekeeper. Edgar Sutton. 54. of 1301 East Thirtieth street, resturateur. and Helena Lane, 58. of 34 North Euclid street, saleslady. Frank Wvciskalla. 28. 1603 East Washington street, baker, and Leva James. 21, of 333 South Randall street, dressmaker. Lloyd Millmaker. 25. of 714 Meridian street, carpenter, and Margaret Hitchins. 25. of 5244 North Pennsylvania street, waitress. J. R. Stafford. 22. of 1318 Spann avenue. boxer, and Helen Fulivider. 20. of 615 Virginia avenue, maid. Harry Fritsche. 27. of 3003 South Rural street, engineer, and Gean Earhart, 21. of 627 North Dearborn street, clerk. Mahlow Sparks. 48. of 545 Fletcher avenue, conductor, and Hilda Ehrnschurnder, 29. of 1025 Willow drive, teacher. John Benton. 22. of 833 South Lyons street, laborer, and Bessie Davis. 18. of 836 South Lyons street, housekeeper. Charles Cahud Jr.. 25. of 352 Leslev avenue, clerk, and Marv Dunnington, 23. of 949 East Thirty-fourth street, bookkeeper. Harold Carmichael. 23, Greensburg. truck driver, and Helen Beam. 19. of 3422 Orchard avenue, housekeeper James Patterson. 25. of 759 West Twentvsixth street, unemployed, and Mae Buford, 25. of 641 Eddy street, housekeeper.

Births Boys Kenneth and Delvina Rainbolt, 4021 East Thirty-first. Harry and Ruth Wehr. St. Vincent s hospital. Lawrence and Mary Weimer. 1930 Bellefontaine. Harry and Ellen Coryell, 410 West Raymond. Henrv and Myrtle Ballard, 1011 South Harding. Ephron and Johnnie Jarrett, 565 West Twenty-eighth. Hervy and Mattie Duerson. 2632 Ethel. Ira and Irma Woods. 2316 Cornell. Fleming and Bessie Wright, 732 Ketcham. William and Bessie Smith. 250 Detroit George and Laura Mosley. 936 West Walnut. Robert and Mae Mellene. 2197 Eastern. James and Elisa Dotson. 768 Ketcham. Fred and Frances Mever. Methodist hospital. George and Isabell Johnson. Methodist hospital. Robert and Marie Settle. Methodist hospital. George and Goldie Wippel, Methodist hospital. Raymond and Esther Cleary. Methodist hospital. Moreland and Nina Crose. Methodist hospital. Virgil and Marguerite Wiggins, 1521 Finley. Frank and Minnie Simpson, 401 North California. Girls Ernest and Lucile Drake. 3345 North Gladstone. Roland and Sunshine Martin. 745 Lvnn. Barton and Margaret Griffin. St Vincents hospital. Willie and Sarah Hart, 143 Douglas. Ananias and Hannetta Coleman. 420 West Thirteenth. Joseph and Josephine Collester. 54 North Addison. Glen and Chrlstena Nibarger. 1556 Harlan Eugene and Margaret Bittis. 326 Blake. Donald and Helen Tutternow. 1619 Lawton. Lester and Hilda Davidson. 1233 Spann. George and Elizabeth Pleis. Methodist hospital. Orie and Margaret Bmith. Methodist hospital. Harold and Jeanette Jaffe. Methodist hospital. Twin* Claude and Mary Zike. 1435 West Ohio street, boy and girl.

Deaths Elizabeth A South. 90. of 328 Bright., i chronic mvocardttis. Georgs Robinson, 85. Methodist hospital, myocarditis. Oscar A Hennigar. 78. of 2824 West Tenth, uremia. Margaret Campbell. 78, of 2442 Caroline, aortic insuficiencv. Amanda Whaley. 69. city hospital, cere- ; bral hemorrhage Catharine York. 70. of 1223 North Ala- j bams, cerebral hemorrhage. Milton Elliot Boring. 90, Methodist hos- i pital. uremia Samuei Beal. 43. of 1451 Kappas, mitral regurgitation Mary Amelia Garland, 55. of 2023 Langley. carcinoma Bessie Hicks. 43. Central Indiana hospital carcinoma Otto Polk 4, city hospital, peritonitis. Lillie Wolf Rassman. >2 of 1120 North Pennsylvania, coronary occlusion. Mary M Robbins. 75. Deaconess hospital, pyonephrosis. Charlie Smith, 59. of 2622 Eastern, myocarditis. Alex M. Nathan. 33. of Lincoln hotel, crushing bodv injuries. Margaret Bryce. 64. of 3245 North Illinois. cirrhosis of liver. Walter J. Woodworth. 63, Keenes Pharmacy. coronary occlusion. Howard w De Long, 55. Methodist hospital. acute nephritis. Emma G Stiles 78 of 3033 North Illinois. hypostatic pneumonia. Sarah Alice Henolev. 65. of 323 East Thirtv-first. cerebral hemorrhage Louis H Levev. 78. of 2902 North Meridian, carcinoma. Musician Near Death By Unite ft Prett CHICAGO. Sept. 11.—Cavalier Domenico Valenti, 42, director of the Italian Fascist militia band touring the United States was near death here today with bronchial pneumonia.

PAGE 13

WHEAT PRICES WEAKEN;CORN, OATSJJNEVEH Government Crop Report Creates Nervousness in Grain Pits. BY HARMAN W. NICHOLS Unit**! Frf* Staff Cnrrpond#nt CHICAGO. Sept. 11.—Easiness in outside markets and concern over the government crop report of late yesterday brought a nervousness : int o gram pits on the Chicago Board of Trade. Wheat started \ to \ cent lower, corn was % cent lower to 4 cent ’higher oats were unchanged to % cent off. and rye was % cent lower to % cent higher. Rotterdam wheat closed T ANARUS cent higher to % cent lower and the English market started on the offside. The trade generally believed the government figures on grains already had been discounted. Trade jat the start was small. Chicago Futures Range (Bv United Press) —Sept. 11 I Wheat— PreT> ! Hish Low. 10 00. close. ! Sept 1 05*. 105 1 05% 1 05% DfC 106 s , 106 1 06% 1 06% May 1.07% 107% 107% 1.07% | Corn— Dec. 79% .78% .79% .79% Mav 81 s , .80% .81% 81% Oats— Sept 54% .54% .54% .54 V Dec 54% 54% .54% 54% May 54% .54% .54% .54% Rre—--1 B?P' .*3 .83 82% Dec 85% 84% .84% .85% May 88% .87% .88 88% BarleySept .. .001, gi % Dec 85% 85% May .. .86 85 CHICAGO PRIMARY RECEIPTS —Sept. 10— Bushels. Today. Last Week. Wheat 1.299 000 1.414 000 Corn 1,271.000 945.000 Oats 304,000 468.000

Cash Grain

INDIANAPOLIS —Sent. 10— The bids for car lots of Bruin at tha call of the Indianapolis Board of Trade, f o. b.. shiDDinfr noint. basis 17% cent* to river. Wheat—Easv; No 1 red. 95%ft96%cNo 2 red. 94%®95%c; No. 2 hard. 96%®j 9 I *. 2C. Corn—E.-sv; No. 2 white 77ft78c No. 3 white. 76® 77c: No. 2 yellow 24ft.25c: No. 3 yellow. 73® 74c: No. 2 mixed. 73ft74c: No. 3 mixed. 72® 73c Oats—Steady: No 2 white. 52® 53c; No. 3 white. 51 ft 52c. Hav—Steady; (F. o. b. country point* takinir 23%c or less rates to Cincinnati or Louisville). No 1 timothy. *14®T4.50. —lnspections Wheat—No. 2 red. 3 cars: No. 3 red. 2 cars: sample. 1 car. Total. 6 cars. Corn—No. 2 white. 1 car: No. 1 yellow, 1 car: No. 2 yellow 8 cars: No 3 yellow. 6 cars: sample mixed 1 car. Total. 17 cars. Oats—No. 1 white. 1 car: No. 2 white. 3 ears: No. 3 white. 4 cars: No. 4 white, 1 car: sample white. 2 cars: No. 4 red. 1 car. Total. 11 cars. Local Wagon Wheal City Brain elevators are paying 94 cenl# for No. 2 soft red wheat. Other grades on their merits (By United Press) CHICAGO, Sept. 10.—Cash grain: Wheat —No. 2 red. SIOB. No. 3 red, 81.07%; No. 4 red. *1.04*4; No. 5 red. $1.03 tough; No. 2 hard. *1.14 (8c over September price); No. 2 dark hard, $1.14% iß%c over September); No. 3 mixed. *l.Ol smutty; No. 4 mixed. SI.OB. Corn- No. 1 mixed, 81%c; No. 2 mixed, 81 %c: No. 4 mixed. 80%c; No. 1 mixed. 81%ft82c No. 2 yellow. ?,1% ftß2c: No. 3 yellow, 81%c: No. 4 yeliow, 81c: No. 1 white. 86%c : No. 2 white, 86% ftß6%c.: No 3 white. 85%ft85%c; sample. 75c. Oats—No. 1 white. 60%c: No. 2 white, 57%ft59c: No. 3 white. 56ft58c No. 4 white. 55c; sample 53%ft55c Barley— Quotable. 80cft$l 24 Timothy—*l6 50ftl 18. Clover seed—sl6ft2o 50 Cash provisions—Lard. $9.37; loose. $9.60; leaf. $lO 50; bellies. $13.92. TOLEDO. Sept. 10.—Grain close: (Grain in elevators, transit billing i Wheat—No. 2 red. $107%ft1.08%. Corn—No. 2 vellow, 84 *2ft 65 * 2 c. Oats—No 2 white. 60®61c. Rye—No 2. 86ft 87c. (Track prices. 24%c rate.) Wheat—No. 1 red. $1.03%ft104%: No. 2 red. $1.02%ft 1.03%c. Corn—No. 2 yellow, 80 %ft 81 e; No. 3 veilow 80ft80%c: No 4 yellow. 79ft80c Oats—No. 1 white. 57%ft59c; No 2 white. 57ft59c; No. 3 white, 55%ft.57c. WESTERN RAILROADS GAIN OVER LAST YEAR Coast Lines Show Revenue Increase in Summer Business. By Time * Special CHICAGO, Sept. 11.—In contrast to the tenor of reports of leading railroads in other areas, principal rail carriers operating on the Pacific coast and Rocky mountain states show increases in gross revenues over last year, according to current reports. Four transcontinental carriers serving California aggregate increase of 10.5 per cent in gross revenue and 8 per cent in net operating income for the last summer business over a comparable period last year. These lines, the Southern Pacific, Union Pacific, Atchison, Topeka & Santa Fe and Western Pacific, form one of the few consequential groups of roads to escape declining revenues, it is reported. In the northwestern states, the Great Northern. Northern Pacific and Chicago, Milwaukee & St. Paul roads, together with the Union Pacific, managed to show a gain of .03 per cent in gross operating revenue in comparison with a decline of 5.4 per cent for fifty-eight leading railroads.

FIFTY STOCKS TAKE DIP Representative Securities Down 5250.380,650 for Week. By Tirnrn ,'prrinl NEW YORK, Sept. 11.-The market value of fifty representative stocks listed cm the New York Stock Exchange at the close of business for the week ended Sept. 8 was $ 11.464,381,250, a decrease of $233,380 650, or 2 per cent, as compared with the market value of $11,697,761.900 at the close of the preceding week, according to a compilation by Paul H. Davis & Cos., members of the New’ York Stock Exchange. At the close of the corresponding week a year ago, the same fifty stocks had a market value of $13,785.302,750, indicating a decrease during the year of $2,320,921,500, or 16.84 per cent. Chain Store Sales Rise By Timet Bpecin’ CHICAGO, Sept. 11— Sales of the first thirteen chain and mail order units to report for August was estimated at $88,911,512, an increase of 10.9 per cent over the same period last year.

OFFICE DESKS, CHAIRS, FILES W. C. Brass It Assaeiatas Office Equipment Engineer* 134 8. Meridian St. BL 973*