Indianapolis Times, Volume 46, Number 106, Indianapolis, Marion County, 12 September 1934 — Page 15

SEPT. 12, 1934.

Wall Street Bank Examiners Called to Washington for Instructions. —BY RALPH HENDEESHOT — Tlmn Financial Writer

BANK examiners from all over the country are meeting in Washington this week with Comptroller of the Currency O'Connor. Officials of the federal reserve board and Federal Deposit Insurance Corporation will also take part in the parley. The idea behind the meeting is thought to be the loosening of

the nation's credit strings. It has been well known for some time that the country's banking agents have not been c o-o per ating well. Top officials in the adm l n l s t ration have been using all means to force credit into industry.

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while bank examiners have been retarding this work by forcing banks to maintain an unusually high quality of loans in their portfolios. This has placed both the banks and the administration in an embarrassing po ition. The banks have been pressed by one branch of the government to make liberal loans and by another to hold to rigid banking practice. In all probability this situation is to be straightened out. The examiners no doubt will be given legal authority to ease up on their requirements. Just how far they will be permitted to go remains to be seen. mmm REPORT has it that the United States government through its equalization fund, has taken a hand in the foreign exchange market in order to teach foreign currency speculators a lesson. French francs had been forced up against both the pound and the dollar, with the result arbitrage operations had begun to dram gold from this country. Operators of the fund are said last week to have gone heavily short of francs, driving the price back down and catching speculators napping. Now, according to all accounts. in order to avoid the logical effects of their covering operations in the open market these operators plan to buy francs directly from the Bank of France and pay for them with gold. The result may be shipments of gold direct from this government to the French central bank m m a w EEING ARTEN A: CO., members W of the New York Stock Exchange, expresses the opinion of many people in the financial district when it says in its current letter to customers that it believes • the administration is going to realize before very long that recovery is more important than reform, and that recovery can not be accomplished without the co-operation of industry and capital.” It adds: •This realization may be brought about in connection with government financing or it may be brought about through the continued comparative idleness of the capital goods industry, or through a continued decline in all lines of business and growing unemployment. -One thing is certain: organized business and finance and the millions of people throughout the country who possess capital are not going to co-operate with an administration that they mistrust and fear.* If either side gives in it must be the government. The situation in this respect is probably reaching a ensis.” In the Cotton Markets —Sent. 11— CHICAGO High. Low Close January 13 28 13 28 13 28 March 13 38 13 32 13 38 Mav 13 4* 13 36 13 44 October 13 18 13 10 13 18 IVcrtr.NW 13 32 13 19 13 32 NEW TORK January 13 22 13 10 13 22 March 13 30 13 19 13 30 Mav 13 36 13 23 13 36 Juh- 13 42 13 29 1.3 42 Oc'ober 13 08 12 94 13 OS nccc.T.bor ■ 13 19 13 06 13 18 NEW ORLEANS January 13 20 13 18 13 20 March 13 31 13 18 13 30 Mav 13 34 13 26 13 34 j„h- 13 35 13 32 13 35 October 13 09 13 98 13 07 Pec cm her 13 21 13 08 13 17 N. Y. Coffee. Sugar Futures —Sept.' 11 COFFEE —Santo.— High Low Close V • rrh 10 98 10 89 10 99 , v 10 96 10 89 10 94 t u iv 1095 1095 1095 Sep'etrber 11 15 11 04 11 05 December 11 00 10 90 10 9 —Ninja nu ary 7 90 7 88 * 88 March ! *lO 795 801 Maw *99 8 09 8 09 “lv 818 816 816 September December * 93 • *9 * 93 sugar H :ch. Low Close January 1 Si 190 193 March 1 93 1 89 1 93 Mai 1 *7 1 94 19* ju>v 2 00 1 97 2 00 September 1 89 1 88 1 88 December ............ 192 1.90 192 Retail Coal Prices The following prices represent quotations from ieadinc Indianapolis eoal dealer* A 25-cent carmnt charge per ton will be added. DOMESTIC RETAIL PRICES Antfiraci'w lIJSO Brazil Lump 5 90 Braw'l Fee . 590 Brazil Nf 8# Run 5 35 Cose. Nut Size Cote. Ftp Size ---••■ *SO Indiana Forked Lump No. and 6. 5 _.S Kentucky Lump. Group "S' 7 15 Pocahontas Lump JJ* Focahon-aa Ec* - - *35 Pocahontas Mine Run • *0 New River Smoklesa * “ BANK CLEARINGS GAIN Nrw York Total l VMI3.tSO.OW for Previous Week. 7 ifi NEW YORK. Sept. 12.—New York Clearing House Association reports that clearings during the week ended Sept. 8 amounted to $2,413 4*0.099. compared with $2,292.544.109 during she week ended Sept. I. Check clearings through the Northern New Jersey Clearing House Association for the week ended Rep: 7 totaled $21,023,373, compared with $lB 802.215 m the previous week. Rereiwe Cranberry Shipment First shipment of the new 1934 crop of cranberries has been received In Indianapolis tills week from Cape Cod. The early black variety are salable at $3 25 a twenty-five-pound box. Early shipments of new apples also have been reeeited.

STOCK PRICES STEADY. FIRM; SILVERS CAIN New Interest Develops in Metal Group: Steel Output Rises. BY ELMER C. WALZER l aHd Press Financial Editor NEW YORK, Sept. 12 —The stock market was steady to firm at the opening today, featured by further gains in silver issues. Trading conj tinued dull. United States Smelting rose l’i points to 116. Yesterday the stock made anew low on the movement at 109% before meeting support. New interest in the silver shares was ascribed by Wall Street to the result of the Maine elections which was interpreted as a forerunner of the November result and a "bid for inflation.” Small gains were made by a long list of leading issues, including Chrysler. Western Union. United States Steel, Pennsylvania Railroad, National Distillers. Sears Roebuck. International Nickel, Goodyear and Kennecott A sizeable group including American Telephone. Standard Oil of New Jersey, Public Service. North American and Standard Oil of California, was unchanged. A few issues registered small losses. In this section were Du Pont. International Telephone. Consolidated Gas, Atchison. General Motors and General Electric. During the early deafings the market continued dull with prices around the opening levels. Business news was light including a slight gain in steel operations. Air Reduction Company declared an extra dividend of $1.50 reflecting increased earnings. Money and Exchange INDIANAPOLIS STATEMENT -Sept. 12. Ciea rings $2 437.000 00 Debits 6 774.000 00 FOREIGN EXCHANGE tßv Abbott, Hoppm ft Cos.) Sept. 11— Close. Sterling England $5 01', F’-anc. France 0667", Lira. Italv 0869 Franc. Belgium 2379 Mark Germany 4032 Guilder. Holland 6865 Peseta. Spain 1385 Krone. Norway 2222 Krone. Denmark 2242 Treasury Statement <Bv United Press) WASHINGTON. Sept. 12 —Government expenses and receipts of the current fiscal -ear to Sept 10. compared with the corresponding period of the previous fiscal year: This Year. Last Year. Expenses ..$1 155 620.754 14 $680,958.934 49 Rereip's . . 668.305.499 30 437.439.537.33 Deficit 487 315.254 84 243.519.397.16 Cash bal. . 2 091.937.325 03 Investment Trust Shares ißy Abbott. Hoppin & Cos.) —Sept. 11Bid. Ask. American Bank Stocks Coro .. 93 98 American ft General Sec A ... 250 5.00 American ft Inv Tr Sh 1.75 Basic Industry shares 290 British Type* Inv Tr shares ... 44 .50 Collateral Trustee shares A .. 4.12 Corporate Trust shares toldt . 182 1.88 Corporate Trust shares inew).. 2 02 2.12 Cumulative Trust shares 3.55 3.61 Diversified Trust shares A 6.25 Diversified Trust shares B 6 87 Diversified Trust shares B ... 271 2 76 Diversified Trust shares D ... 412 425 First Insurance Stock Corp .. 4.50 487 First Common Stock Corn 50 .55 Fixed Trust Oil shares A .... 7 25 Fixed Trust Oil shares B—. 625 Fundamental Investors 1.69 1.89 Incorporators Investments 15 53 16 69 Land Bank Bond shares 1.13 1 26 Low Priced Trust shares ... 4.75 487 Mass Inv Trust shares 17 45 18 97 Nation Wide Securities . 292 298 North Am Trust shares i53) 1.73 1.79 North Am Trust shares (55-56) 2 .1 2 14 North Am Trust shares i581.. 214 2.18 Selected American shares 2.20 Se'ecteri American shares Inc . .97 1.07 Selected Cumulative shares .. 5.83 Selected Income shares 306 Std American Trust shares A . 265 271 Trust Shares of America 258 264 Trustee Std Oil A 525 537 Truste Std Oil B 470 490 V S Electric Lt ft Pw A 10.75 11.25 Universal Trust shares 2.69 2.73 Daily Price Index •By United Press) NEW YORK, Sept. 11— Dun A' Bradstreets daily weighted price index of thirty basic commodities compiled for the United Press. .1930-1932 average IOOi. Today 118 46 Yesterday (Revised) }}? SI Year Ago (Sept. 5) 2? 1934 High i Aug. 29) 126 95 1934 Low (Jan. 3) 101 Oo Copyright. 1934 by Dun ft Bradstreet. Inc.

PACKING PLANT TAKEN OVER BY RELIEF BOARD Drought Cattle to Be Slaughtered in Biverview Factory. The old plant of the Riverview Packing Company on Kentucky avenue was reopened today for the purpose of killing and boning cattle, brought here from the droughtstricken regions of the west, under the supervusion of the Governor's unemployment relief commission. The plant will have a capacity of about 150 cattle a day and it is expected that more than three hundred men eventually will be employed there. Meat killed at the plant will be canned by Van Camp s Inc., and will be distributed to needy families of Indiana by the Federal Surplus Commodity Corporation. CANADIAN LOADINGS UP Increase Attributed to Advance in Western Traffic. Bp 7 ifi Special OTTAWA, Sept. 12—Canadian carloadmgs during the week ended Sept. 1 amounted to 52.888 cars, compared with 48.220 in the previous week, the increase advancing the Dominion Bureau of Statistics index number to 81.51. anew high for the year. The increase was attributed chiefly to a gam in western loadings to 10.594 cars from 7.916 in the week before, due to earlier grain movements. DODGE SALE INCREASE Advance of 50.8 Per Cent Registered During Week. Bp Timet Smrni tl DETROIT. Sept. 12.—Retail sales of Dodge passenger cars rose 50.8 per cent during the week ended Sept. 1 to a total of 2.870 units, the company announces. Deliveries of Dodge commercial cars and trucks amounted to 2.254. the highest weekly volume on record. as against 1.151 in the preceding week it was reported Sales Increase Shown He 7 * specml CHICAGO. Sept. 12—Sales of First National Stores during four weeks ended Aug. 25 amounted to *8.479.483 against $B.llB 503 in the corresponding period cf the previous year.

New York Stocks “—————— Bv Abbott. Hopple A Cos '

AVERAGE STOCK PRICES FOR TUESDAY Net High. Dow. Clone, change. Thirty industrials R 9.75 RR.42 M.M Twenty rails 34.35 33.83 34.21 -.11 Twenty utilities 19.72 19.39 19.58 -.03 Forty bonds .... .... 91.71 —.24 Ten first rails .... 99.04 —.37 Ten second rails .... 73.46 .40 Ten utilities .... 98.10 -.04 Ten industrials .... 96.24 —.22 -Up. -Off. ■Where quotation* are net riven, there has been no trading in thnse lssnee.

—Sept. 12Prev. Oil*— High. Low. 10 00 close. Amerada 44% l Atl Rfg _ 23', . Bsrnsdai! *a i Consol Oil _ j Cont of Del I**4 17 ! Houston inewi ... 2% Houston iold> 14 s , Mid Cont Pet 9 7 * Pet Corp 94* Phillips Pet 15 Vs 15'* Plymouth Oil S' 1 * Pure Oil 7V, Roval Dutch 33% Sbd Oil 22 H Sheil Un *>% Sor Vac 15'•* SO of Cal 31 Vi 31V, i 3 O of Ind 26% S OOf N J 42*4 43-', Texas Corp ... . 21V, ; Tidewater Assn 9 8% jUn Oil of Cal 14% 14% Steels—--1 Am Roll Mills 16V* Beth Steel 2734 27% 27% 27** Col Fuel ft Iron. <’s Inland Steel 38% Ludlum Steel .. .. ... ... 12% McKeesport Tin 85 j Natl Steel 37'4 > Otis Steel 4' Rep I At St 1 12** ! U S Pipe At Fdy 17** U S Steel 33 32% I U S Steel pfd 76* Warren Bros s’* Youngst'n S At T 14% Motors— Auburn ... 22’* Chrysler 33*, 31V* Gen Motors 28 1 . 28 1 * Graham Mot ... .. 1% Hudson 8% 8 8% 7** Hupp . . 2V, 2', Mack Truck 23*s Nash ... . - 13', Packard .. ... 3'i 3V, Reo ... •. ■ 2V, Studebaker 3 3'* Yellow Truck 3'/ Motor Access— Bendix ... 11*4 Bohn Alum 48’i Borg Warner 19V, Briggs 16 15*4 15*4 16', Budd Wheel 2'/a Eaton Mfy 14 Elec Auto Lite 22*4 Houdaille ‘A’ 3’* Murray Body .... ... ... 4% Stew Warner 6 Timken Roll 26V, Mining— Alaska Jun .... 173* 17 *. a 17*4 17% Am Smelt ... 34 33’, Anaconda 11** 11*, Cal At Hecla 3% Cerro De Pasco 37% 37 1 4 Dome Mines 42*4 Granby 6*, Gt Nor Ore 11', Howe Sound 50 49', Ins Copper 3', Int Nickel 24', 24'* Kennecott Cop 18*, 18*, Mclntyre Mine 45% Norandi Cop ... 39’, .. Park Utah . 3% Phelps Dodge 14', 14’•*, St. Joe Lead .. . .. 16'4 U S Smelters .116 115*, 116 1114*/* Vanadium 16 Amusements— Fox Thea ... 10** 10*, Loews Inc 26'4 Radio Corp 5'4 5Vi RKO 2 Vs 2 Warner Bros 4% 4 Tobaccos — Am Snuff 62% Am Sum Tob 17*, Am Tobocca ‘A' . 72'2 Am Tobacco B' 75 74*, Ligg At Myers 'B' ... 98 1 2 97'2 Lorillard IT, 17>. 17% 17% Reynolds Tob B' .. ... 46*,4 46 Rails— Atchison 48'* 48'2 B At O 14% 14% Can Pac 13 V*. 13', Ch At Ohio 42*4 Chi At Gt W 2Vs Chi At Gt W pfd 4% .. C M At St P 3% C M St St P pfd 4% 4’, Chi N W S’, 5% Chi N W pfd 11l Dela At Hud 37Vi Del Lac At W 16% 16 Erie 10% Grt North pfd 14 14 111 Central 16V4 K C Sou 7 Lehigh Valley 10Vs Lou At Nash 39** M K At T 6Vi 6 M K At T pfd H * Mo Pac pfd 3,2 N Y Cent 20* * 20’s NY C At St L pfd 18 N Y New Haven 934 9*, N Y Ont At West s*, Norfolk At Wes 168 Nor Pac • 16,2 Penn R R .•• 22% 21’, Sou Pac 17% 17% 17% I<'.4 Sou R R 16*4 15 2 Sou R R pfd 1§ Vi Union Pac ••• ••• 94 Wabash ••• ••• 2% West Maryland 9 Equipments— Allis Chalmers . • 11% Am Brake Shoe 22’b 2234 22% 22 Am Car At Fdy }*% Am Mach At Fdy }3'* Am Steel Fdy 12 Bald Loco 7*s 7 * Burroughs 1] * Case J I 40 Ca*er Tract Z4V, DfTre At Cos 18 Elec Stor Bat 37 Gen Am Tk Car 31 31*2 Gen Elec 17’, 18 Ingsol Rand 83 Int Harvester 24* Natl Cash Rfg J3Va Pullman Inc 39% 39 Rem Rand 7Vi Und Elliot 45 West Air B i Westingh Elec 31** 31% Worthington Pm 18 Utilities— Am At For Pwr 5*4 Am Power At Lit • * 8 A T At T 113 113 Am Wat Wks 15*2 15 Col Gas At Elec. 8% 3% Col G A E pfd 62 Corn** Sou *l* * Consol Gas Z5-* 26 Elec Pwr At Lit 33, 3 9 E P & L pfd 83s 8 Int Hydro Elec 3% Int T At T 8% Lou G At E A 14 < Nat Pwr At Lit <’* 7*2 North If * 12, Pac GAt E 15*s Is*, Peoples Gas f2- * Postal Tel pfd 13 2 13 Pub Serv NJ.. .. ••• 30 * 30 4 So Cal Edison 12 11, Std Gas J * S'd Gas pfd ••• *'4 Stone A- Webster 8 , United Corp * Un Gas Imp ” * Ut Pwr At L •A” 2 Western Union . .• ••• t 32 , 32 , Rubbers— Firestone 14*, 14* Goodrich , _?'* Goodvear 20’, 20% Kellv Spring U S Rubber 15% U S Rubber pfd 35’, 3*^, Miscellaneous— Am Bank Note 13', Am Can 95% 1 Anchor Cap 15% Brklyn Man Tr 43 5 , 42*, j Conti Can ... 79% I Curtis Pub 16*4 j Curtis Pub pfd 82% Eastman Kodak 96 95 * 2 Gillette 11% il La Glidden Inter Rapid Tr 15 15%* Owens Bottle 63 Ravbestos Mfg 17*2 F ofids—- ! Am Sugar 63 lArmcfiir 'A'' Beatrice Cream 17*, Boiden Prod 24*2 I Cal Packing ... 38% Canada Drv G A .. 15 ! Cont Bak “A" J 1 Corn Prod 57’* 58 1 Crm of Wheat 32 Cuban Am Sug <*, Gen Foods 29% Gold Dust !•-< iG W Sugar 29 I Hershev 53 l oose Wiles 38 * 39 Natl Biscuit 32 , 32 , Nat! D Prod 16% 1% Purltv Bak 9 , 9 s : S Porto Rico Sug Spencer Kellog 25 ! Std Brands I®** 19% 1 Un Biscuit if‘ • j United Fruit 71 Retail Store#— Best An Cos *}!* First Natl Stores b i Or On j% 5 Hahn D#pt Sts ,J% ♦ Kresge 8 8 17 ‘L, Kroger Groc ... • rI, a Macv R H 36 35% 35*, 36*a Marshall Fields • Mont Ward .... 23 , 23>* 23* 23% Nsil Tea I® Penny J C .. 55'2 55 55 55 3 Sears Roebuck 36% 33% 36‘* 36 Woolworth 41 '2 47'* Aviation— Aviation Corp 4% Curtiss Wright 2*, 2Va ( Curtiss Wr A 7 Douglas Air 15, Nor Am Av 3 3^ Speerv Corp *;* Unrd Aireraft 14% H * Chemicals— , Air Reduction ?7 Allien Cherr. *36 Am Com Alcohol 24% Col Carbon 63'* Com Solvent* 19% 19 Dupont 85 85% Freeport Tex L’ouid Carb 20% 20 Math Alkali 25% Momosocta Ch.. .. ... ... 49

THE INDIANAPOLIS TIMES

Natl Dis (new). 19’* 19', 19% 18% Seheneley Dist 20** 21% Tex Gulf Sulph. .. 33’, Union Carbide 40 U S Indus Aico 37 36% Virg Ch 6% pfd 16% Draft*— Cotv Inc Lambert 23% 23*. Zonite Prod 3*. Financial— Adams Exp 6% Allegheny Corp. 2 I’* Am Int Corp ... 6 Lehman Corp *i% Transamerica 5% 5% Tr Conti Corp.. .. 4 Building— Am Radiator.. .. ... 12% 12% Gen Asphalt ...... ... Its Int Cement 19 Johns Manville . .. ... 43Va 43 s , Libby Owens Gls .. ••• •• • 27 Otis 14 Ulen Const 1% Household— Col Pal 14 Congoleum 26% Kelvinator ... ... }2% Mohawk Carpet 13 Proc ft Gamble ~, 36% Simmons Bed 9Vi 9% Textile*— Amer Woolen 8 Belding Hem * Celanese Corp 20 18 k Collins Aikman ••• 11 Indus Ravon ... 22 * Real Silk ••• 6 New York Curb tßv Abbott. Hoppin & C 0..) —Sept. 11Close. Close. Allied Mills 6*4 Gold Seal Elec 2% Alum Cos of Am 50', Hiram Walker . 24% Am Exchange • l'. Humble Oil ... 41% Am Cyanide B 16% Imp Oil Ltd ... 14% Am Gas ft El 1 % Hud Bay Min-.. 14% Am Superpower 1% tnt Petrol 28 Assn G ft El .. % Lake Shore Min 58% Atlas Corp B*4 Libby McN Lib 7% Can Marc ... *l*, Mt. Producers . 4V, Carrier Corp .. 6%;Natl Bell Hess. 2% Cities Serv 1% Newmont Min.. 42 Consol Gos Bit 65 Nia Hud Pwr.. 4% Cord Corp 3% Novadel Agene • 20 Creole Petrol . 12*, Pan Am Airwys 33*4 Crown Crk Int. SVVPark Davis ... 26 Deere ft Cos. .. 15 IPenn Road ... 2 Distillers Corp 14% Sal Ck Prod .. 5*4 Dow Chem ..69 ISherwin Wms . 26'a El Bond & Sh 10% Std of Ky 15% Fisk Rubber 7%!Teck Hugh Bold 6'* Ford of Can A 19% Un Gas J Ford of Europe 8 Un Pw fc Lt A I*4 Glen Aid Coal 19 IWright Har Min 9** Gulf Oil of Pa 54 1

Chicago Stocks 1 " Bv Abbott. Hoppin & Cos.

—Sept. 12High. Low. 11:30. BerghofF Brew Cos .. 4% Butler Bros 8 7% 8 Chicago Corp. com . ■ 2 Chicago Corp, pfd ... 26 25% 26 Cities Service ... I*4 Commonwealth Edi ... 43' i Cord Corp 3% Iron Fireman 14% 14 14 Libbv-McNeil 7% 7% 7% Noblitt-Sparks Ind. Inc. 13% 13% 13** Quaker Oats 121. Swift & Cos. 18% 1814 18% Swift. International ... 36% 36 36*2 Utility & Ind., pfd ... 2% Vortex Cup Cos 15*4 Zenith Radio 3%

Bond Prices

By Fenner & Beane —Sept. 12-

High. Low. 10:30. Allee Corp 5s ’SO 22% 22% 22% Am&For Pwr 5s 2030 49 AT&T db 5S '65 . 108'2 108*4 108% Atchison gen 4s ’95 ..101 100% 100% B&O cv 4%s ’6O ... 54 Beth Steel 5s A ’42 102’, Can Pac 4s '57 . • 76% ChMStP&P rs 5s A ’75.. 26% 25*4 25^4 Cons Gas NY 4%s ’57 ...102% 102V 2 102% Denmark 5%s '55 . 88% Erie RR rs 5s ’67 62% 62 62 Goodyear 5s '57 100 99*4 99% Gt Nor 4%s D '76 68 67'/2 67*2 Gt Nor 7s A ’36 84*4 Interboro RT 5s '66 ... 75% 75)4 75*2 Int T&T db 5s ’55 51 Lorillard 7s ’44 125 McKess&Robb 5%s ’SO 83 Nat Dairy db 5%s '4B 97% NY Cent 5s O 2013 64 63 63 Nor Am 5s '6l 85- * •Pac Gas & El 5s A '42 104% Penn RR 4%s D 'Bl 93% Poland 7s '47 • ••• 123% Shell Un Oil 5s ’52 99% Sin Cons 6%s B ’3B ...104_ 103% 103% Texas Corp 5s '44 102% 102% 102% Un Pac Ist 4s '47 104% 103% 103% US Rubber 5s A ’47 82% 82% 82% U. S. GOVERNMENT BONDS (By United Press) NEW YORK. Sept, tl.—Closing Liberty Bonds. (Decimals represent 32nds.i Liberty 3%s (32-47 t J 02.25 First 4%s (32-47) J 22' 27 Fourth 4%s (33-38) 103. Treasury 4%5. 3'4s (45) 100.12 4%s (47-52) 109 25 3%s (43-47) J®J•“ 3**s (41-54), March JOll6 3%s (40-43). June 10* 21 3%s (43) JOllB 3s (51-55) 98 99 FEDERAL FARM LOAN BONDS (By Blyth & Cos.. Inc.) —Sept. 11Bid. Ask. 4s July 1, 1944-46 96% 97% 4s Nov. 1. 1957-37 95% 96% 4s Mav 1. 1958-38 95% 96% 4*4s July 1. 1956-36 96% 97% 4%s Jan. 1, 1957-37 96% 97% 4%s Mav 1. 1957-37 96% 97% 4%s Nov. 1. 1958-38 97 98 4%S Mav 1. 1942-32 98% 99% 4%s Jan. 1. 1943-33 98% 99% 4%S Jan. 1. 1953-33 97 /2 98 . 4%S July 1. 1953-33 97% 98% 4%s Jan. 1. 1955-35 97% 98% 4%S Jan. 1. 1956-36 98 99 5s May 1. 1941-31 100 100% 5s Mav 1. 1941-31 100 100% 5s Nov. 1. 1941-31 100 100% —Home Loan—--3s Mav 1. 1964-44 95 22 95 26 4s July 1. 1951 95.22 95.26 —Federal Farm Mortgage Corporation—--3%s March 15. 1964-44 ... 98.14 98.24 The three latter quotations are in thirtyseconds. Births Boys Julius and Geraldine Rhodes. 2116 Boulevard place. Samuel and Florence Watts, 414 North Hamilton. George and Zona Walker. Coleman hospital. Carl and Mary Schubert, Coleman hospital. Scott and Gladys Morris. Coleman hospital. Harold and Mary Martz. Coleman hospital. William and Mary Hightower. Coleman hospital. John and Edith Hempfllng Coleman hospital. Clarence and Geraldine Dawson. Coleman hospital. Girl* William and Lillian Winchester. 707 East Eleventh. Charles and Helen Wright, Coleman hospital Wendell and Marguerite Rynerson. Coleman hospital. Edward and Beulah Morris. Coleman hospital. Preston and Jane McNurlen. Coleman hospital. Arthur and Selenda Kennedy. Coleman hospital. Kenneth and Marjorie Campbell. Coleman hospital. Charles and Helen Burns, Coleman hospital. ' Lazo and Kant# AtonasofT, Coleman hospital. James and Scharlotta Toombs. 3654 North Capitol. Deaths Nannie A. Cummins. 67. of 6433 West Washington, interstitial nephritis. Laura B Rovse. 71. of 237 East Fifteenth. coronarv occlusion. Elsa Keller. 80, of 553 North Temple, arteriosclerosis. Margaret C. Charpie. 18. of 3912 Cornelius mitral insufficiency. Rose Kiare. 61. of 816 North Emerson, gas (Rphvxiatoin Andrew Bell. 62. city hospital, chronic mvocarditis. Ralph Dean. 42. of 1703 North Illinois, coronarv oceulsion. Hoyet M. Lowe. 35. city hospital, general paralysis. Nancy Gregory. 78. of 246 East Southern. cerebro hemorrhage William S Thornborough. 70. city hospital. fractured skull. George Miles. 54. city cspital. myocarditis. James H Anderson 50. Central Indiana hospital, acute endocarditis. Clara Ingram Taylor. 41. of 2517 Highland place, cardiac dilatation Alfonso Chruler. 11 mos. 1531 Massachusetts. broncho pneumonia. William Tillman Houk. 61, of 1616 Winton cerebral hemorrhage Burl Hamilton, 35. city ospuai, fractured saul*.

PORK VALUES RISE 10 CENTS; LAMITC WEAK Increase Is Shown on Hogs Weighing 170 Pounds and Upward. Porker prices were steady to mostly 10 cents higher in early trading at the local stockyards this morning marking the first advance since starting of the downward movement Aug. 29. Today’s slight increase was shown mostly on weights above 170 pounds. Other kinds were unchanged at yesterday's average. Receipts estimated at 5.000 showed a slight decrease as compared with recent sessions. The bulk, 160 to 200 pounds, was selling at $6.50 to $6.65. Heavyweights ranging lrom 200 to 300 pounds, sold at $6.50 to $7. Few choice grades were salable at $6.75. In the lightweight division, hogs weighing 130 to 160 pounds, brought $5.50 to $6. Extremely small kinds, scaling 100 to 130 pounds, were selling at $4.25 to $5.25. Packing sows sold at $4.50 to $5.75. Holdovers numbered 652. Initial sales in the cattle market were unchanged, with slaughter steers slightly more active than yesterday. Bulk of steers sold under $8.50. Few sold above $9, while choice heifers brought SB. Receipts were 1,400. Vealers remained stationary. salable at $7.50 down. Receipts were 600. Extreme weakness featured trading in the lamb market,, with the majority largely 25 to 50 cents lower than the previous close. Bulk of ewe and wether lambs sold at $6.50 to $6.75. Bucks were discounted sl. Throwouts brought $3.50 to $5. Receipts were 1,800. Few early sales on hogs at Chicago moved around 10 cents higher than yesterday's average. Top held at $7. Receipts were estimated at 17,000, including 9.000 directs; holdovers, 4,000. Cattle receipts numbered 12.600, including 4.00 U government; veals, 2.100, including 4,000 government; veals, 2,100, including 100 government; market steady. Sheep receipts, 14,000; market unchanged.

Sept. Bulk. Top. Receipts. 6. $7.15(0; 7.25 $7.35 4,000 7. 7.15(Q) 7.25 7.35 5,500 8. 7.00® 7.05 7.15 2.500 10. 6.75® 6 80 6.90 8.000 11. 6.50® 6.55 6.65 * 7.000 12. 6.50® 6.65 6.75 5,000 Market Higher (140-160) Good and choice .. .$ 5.75® 6.50 —Light Weights—-(l6o-180) Good and choice.... 6.50 (3 6.65 (180-200) Good and choice ... 6.65® 6.70 —Medium Weights—-(2oo-220) Good and choice .... 6.65© 6.75 (220-250) Good and choice ... 6.65@ 6.75 —Heavy Weights—--1250-290) Good and choice .. . 6.50(ff 6.60 (290-320) Good and choice .. 6.30® 6.50 —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® 5.25 CATTLE Receipts, 1,400; 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 [email protected] 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©i 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. 600; Market, Steady. 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) (500-800) Good and choice ... 4.50® 5.50 Common and medium 3.00® 4.50 (800-1,050) 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, 1,800; Markei, Lower Lambers, 90 lbs. down, good and chioce $ 6,25© 6.75 Common and medium 4.00® 6.25 —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. 12. —Hogs—Receipts, 17,000, including 9.000 directs; market slow, 5c to 10 cents higher than Tuesday; 210300 lbs., $6.90@7; top. $7; 170-200 lbs.. $6.25©6.90; light lights. $6 downward; good pigs, s4®s; packing sows, 55.85©6.25; light lights, 140-160 lbs., good and choice. $5.25 @6.25; light weight. 160-200 lbs., good and choice. $6©6.90; medium weights. 200-250 lbs., good and choice. $6.75©7; heavy weights. 250-350 lbs., good and choice. $6.75@7: packing sows. 275-sgo lbs., medium and choice. $4.75© 6.40: slaughter" pigs. 100-130 lbs., good and choice. $3.75© 5.25. Cattle—Receipts, 12.000 commercial, 400 government; calves 2.000 commercial, 100 government; better grade fed steers and yearlings steady: some slowness on lower grades; but most offerings suitable for beef bringing prices about in line with Tuesday; fairly active trade on all steers of value to sell at $8.50 upward; killing quality much improved: early top. 3.130-lb. averages. $10.75: numerous loads. $9.50© 10.50; other killing classes uneven but mostly steady on all heifers; cows slow, weak: bulls 10c to 15c ower; vealers steady; steers. 550-900-lb., good and choice. S6O 9 50: 900-1.100 lbs., good and choice. $6.50© 10 25; 1.100-1.300 lbs.. good and choice. $7,250 10.75: 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. S6O 8 50; common and medium. $3 250 6 25; cows, good. $3.75 © 5.75; common and medium. 52.50©3.75: low cutter and cutter. [email protected]: bulls (yearlings excluded', good beef, $3 25©4.25; cutter common and medium. $2 50© 3.40; vealers. good and choice. $6.50©8.50; medium, ss© 6.50; cull and com tion. S4O 5; Stocker and feeder cattle: stee’s. 550-1.050 lbs., good and choice. $4.50© 6; common and medium. s3®4 50. Sheep—Receipts, 14.000; fat lambs opening slow: undertone weak to 25 cents lower bidding $6.50: best held $6.75 upward; indications steady on aged sheep and strong on feeding lambs; slaughter sheep and lambs: lambs. 90-lbs. down, good and choice. $6.25© 6 85: common and medium. $5 5006 40 ewes. 90-150 lbs., good and choice. $1.75© 2 75: ail weights common and medium. slso© 2 15; feeding lambs. 50-75 lbs., good and choice $5 50©.6 25. FT. WAYNE. Sept. 12—Hogs—Steady to 15c higher: 250-300 lbs. $6 60; 200-250 lbs . $6 45: 180-200 lbs . $6 30 1 60-180 lbs . $6.20: 300-350 lbs . $6 35: 150-160 lbs.. *6 50: 140-150 lbs.. $5.25; 130-’4O lbs . $5. 120-130 lbs $4.75: 100-120 lbs. $4 10; rough*. $4 75; stags $2.75: calves. $7.50: lambs, $6.50 LAFAYETTE, Sept 12—Hogs—Market, steadv to 18c higher: 200-250 ibs.. *6.500 6 55: '250-300 lbs.. S6 35©6 45 170-200 lbs , $6 40 0 6 50: 150-170 ib *5 750 6 25: 130150 lbs $5 25 ©5.50: 120-130 lbs, *4.75@. 5: 100-120 lbs. s4@ / .50: roughs. *5 50 down; top calves. *6.50: lambs, $6 down. Bv Times Special! LOUISVILLE Sept. 12—Cattle—Commercial $2 50; quality generally plain; market slow but around steady at weeks decline: bulk common to medium: steers and heifers salable. s3©4 25 few *4 50 and best lightweights considered eligible to around *6: bulk beef cows. *2 500 3: good kinds. S3 35© 350 and above for heifer types: low cutters and cutters. sl©2 25: sausage bulls, mosth *2 50 03: fair demand for desirable Hereford stock calves; bulk salable. *4.50©5.25; good steer offerings to *5 50 or better: common to menatives. *2 50 0 3 50; calves, commercial. *4: steadv; good to cohice vealera. s6© 6 50: mediums. *SO 5.50: throwout vealers and heavy gra's calves *4 50 down Hogs—*6: market 10c higher; top and bulk. 186-275 lbs . *6 45. 280 lbs up. *6: 180-180 lbs.. *5 75: 140-I*s lbs . *5 25: 120-135 lbs . *3 75: sows. *4 25: grassv and unfinished hogs subject to a discount Sheep—*4: iambs generally steady; most bett - offerings. sß© 6 25; choice quotable to $ 50 or better: bucks discounted, bulk salable. *505 25: light throwouts, *3.50: fat ewes, mostly si©2; choice lightweights. $2 25: bulk better stock ewes salable, $5 ®7.5Q a head.

Registration of New York Exchange Expected Today

Securities Business Nears Direct Government Control. BY RICHARD L. GRIDLEY I'nitrd Pr*** Staff Correspond*nt WASHINGTON, Sept. 12.—The vast American securities business finally neared direct federal government control today with the expected application by the New Ya#c Stock Exchange, world's largest security exchange, for registration as a “national securities exchange.” Registration of the exchange, as well as the score of companion stock trading agencies scattered throughout the country, is required by Oct. 1. Under government stock exchange regulations they must register by that date to continue in business. The New York Stock Exchange's registration will likely be filed today by its affable president, Richard Whitney, who gained country-wide prominence last year in seeking to liberalize stock exchange control methods being studied by congress. Whitney in Capital Whitney was authorized to execute the registration last week by the governing committee of the exchange. It was believed the necessary papers were brought here today by Whitney when securities and exchange commission officials summoned him to help work out rules barring price manipulation practices which become unlawful on Oct. 1. Voluminous information concerning inside and outside operations of the stock market will be supplied by Whitney when he files the registration statement. In addition the New York Exchange under the new law will seek to collect some $300,000 annually on its transactions as a "turnover tax” for the federal government. Under the securities act, the exchange as well as other security market places is required to help “police” the securities business. All must agree on behalf of their members to carry out the provisions of the government market control. Applications Mailed “The exchanges,” according to Chairman Joseph P. Kennedy of the securities and exchange commission, "are in much better shape to do this work under the supervision of the government than the commission is.” All exchanges are to apply for registration with the commission before Sept. 15. Some smaller exchanges are believed to have already sent in applications. The law provides that issuers of securities also register their securities. These registrations, however, have lagged, despite constant urging of the exchanges that this be done in order that the securities may still be traded after Oct. 1. Less than half the companies listed on the New York Stock Exchange are believed to have filed their registrations. Most of them are expected to comply before the full provisions of the securities act become effective.

DEPARTMENT STORES SHOW AUGUST GAIN Richmond Area Has Largest Sales Increase. By United Prrus WASHINGTON, Sept. 12.—August sales of the country's leading department stores showed a gain “of considerably more than the estimated seasonal amount,” the federal reserve board reported today. The sales were 79 per cent of the 1923-1925 average, compared with 73 per cent in July and 77 per cent a year ago. Largest increases over a year ago were made in the Richmond, Atlanta and Chicago districts. Although August sales were only two points above a year ago, sales for the first seven months of the current year gained 15 per cent over the corresponding period of last year. The Richmond district in August showed a 10 per cent gain; Atlanta and Chicago gained 6 per cent each; Kansas City and San Francisco, 5 per cent each; Philadelphia, 3 per cent; Dallas, 2 per cent. The New York, Cleveland and Minneapolis showed no change, while Boston fell 4 per cent. 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 Iresh 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 Wadlev Company. (By United Press) CHICAGO. Sept. 12. Eggs Market steady; receipts. 5.284 cases, extra firsts. 22%c; fresh graded firsts. 22c; current receipts. 18©21c; dirties. No 1. 17%c; No. 2,14 c; checks. No. 1,17 c; No. 2. 14c. But-ter-Market firmer: receipts. 8.344 tubs; extra firsts (90-91% scorei. 23%024c; extras (92 scorei. 24'4c; firsts (88-89% score). 22%©23%c: seconds 186-BT2 scorei. 22c; specials. 24%©25%c: standards. 24' 4 c. Poultry—Market steadv; receipts. 28 trucks. 2 cars due; fryers. 15© 17c: broilers. 160 17c: geese. ll%c; turkevs. 13© 15c; old roosters, lie; hens. 14© 17c: ducks, sprung. 12© 15c; springers. Rock. 170 18c. Xheese—Twins. 12%© 13c: daisies. 13%©13%c; Longhorns. 13*40 13%c Potatoes —Supply moderate: demand and trading slow: market, steadv: Wisconsin cobblers. *1.35: U. S. No. 8. 85c; Triumphs. *1.850 1.70; North Dakota Triumphs. *1.65; Minnesota cobblers. *1 20 ft 1.25: Kings. *1.15; Idaho Russets. *l9O ©2, combination grade. *1 40; arrivals 87. on track 245. shipments 503. NSW YORK. Sept. 12. Potatoes— Stronger: Long Island. 50c®*1.10 bag. Sweet potatoes—Steadv; Jersev. basket. sl© 1.60: southern. barrel. $1.5003 73; southern. basket. 40c0*1.50. Dressed poultry, firm: turkevs. 190 32c: chickens, 10©28c; broilers. 16© 23c: fowls, 100 21c Long Island ducks. 14© 17c. Live poultry —Dull; geese. 80 10c; turkevs 17©23c roosters. 12c: ducks. 12© 19c: fowls, 120 21c. chickens. 220 25c; broilers. 12© 24c. Cheese —Dull and easy: state whole milk, fancy to specials. 19©.20c: young America. 14c. Butter—Receipts. 18.535 packages market, firmer; creamerv higher than extras. 25'4 0 26c: extra (92 score'. 24*4 0 25c; first '9O-91 scorei. 24%©24%c: first <BB-89 score 1. 23%©23%c: seconds 22'-" 23c; centralized (90 score'. 24%c; centralized 'BB-89 score'. 23%©23%c: centralized 'B4-87 score). 22%0 23c. Eggs—Receipts. 13819 cases; market firm; special packs, including unusual hennerv selections. 25 0 29c; standards. 24%©24%c: firsts. 220 22'i.c: seconds 21©21%c: mediums. 21© 21%c. dirties. 21@21%c: checks. 17018 c. CLEVELAND. Sept. 12.—Butter—Market, steady; extras 23%c-lb. in tubs; standards. 28' 2 c Eggs—Market firm, extra white. 24c doz : current receipts. 21c Poultry (Llvei; market, weak; fowl, colored. 4% lbs and up. 20c; old roosters. 12c: ducks, whiten 5 lbs. and Yip. 17c Potatoes—All United States No 1 unless otherwise stated: New Jersev $1.3501.45 100-lb. bag; Idaho. $2 25 100-lb. bag; Pennsylvania. *1.25 1 00-lb. bag: Ohio. Cobblers. *1.15 100lb. bag.

Plumbing Permits C. A Carlisle. 1126 Gimber: two fixtures. Broad Ripple Plumbing Company, 928 East Thirty-eighth; three fixtures. Harry Woirhage, 1111 Madison; two fixtures Frank Lauber. 70 South Fayette; four fixture* Jame* Florence. 58 Ea*t Fourteenth; one fixture. A. C. Erber, 3931 North Pennsylvania, three fixtures. v

FORD OUTPUT RISES SHARPLY THIS YEAR First Eight Months' Sales Almost Double Same Period in 1933. Bjf Tims Sprcial DETROIT, Sept. 12—Sales of the Ford Motor Company for the first eight months of the year have been almost double those for the corresponding period of 1933, company officials have announced. August Ford sales were 88.000, an increase of 40 per cent over the total for the same month last year, and the largest monthly total since 1529. It was pointed out that August sales usually show a decline from those of July. Ford sales, however, increased in volume as August progressed. Cash sales formed an unusually large percentage of the total.

LOANS OF MEMBER BANKS RISE SHARPLY Increase of $114,000,000 Is Shown in Week. ft 1/ Timrx Bprrial CHICAGO, Sept. 11.—Greatest increase for any week in the last several months was shown in commercial loans advanced by federal reserve member banks last week. The report, as of Sept. 5. issued yesterday, revealed a gain of $114,000.000. Reasons for the upturn puzzzled observers, since banks have complained of the small number of sound sources to which they can advance money* Considerable pressure has been brought to bear by the administration in an effort to expand business loans and last week's upturn was a partial reflection of this, it was said in some quarters. New York supplied most of the improvement with a gain of $Bl,000,000. Chicago contracted its commercial advances $2,000,000, but other banks in the ninety-one reporting cities revealed an expansion of $35,000,000. Security loans rose $20,000,000 in New York, but declines of $24,000,000 in Chicago and $32,000,000 elsewhere resulted in a net downturn of $36,000,000. Total loans and investments increased $49,000,000, rising $88,000,000 in itfew York, but easing $30,000,000 in Chicago and $9,000,000 in the interior.

FROZEN ASSETS IN U. S. BANKS AT $51,244,000 J. F. T. O’Connor Addresses Annual Convention in Kentucky. By United Press LOUISVILLE. Ky., Sept, 12.—Frozen assets in banks throughout the country totalled $51,244,000 on Sept. 10, compared to $2,207,964,000 on March 16, 1933. J. F. T. O'Connor, controller of the currency, said here today. He addressed the annual convention of the Kentucky Bankers’ Association. O'Cdnnor reported that there were only forty-four unlicensed national banks. Os that number thirty-seven have received approved reorganization plans which will permit them to open as soon as they fulfill the terms outlined. The remaining seven institutions without approved reorganization plans contained aggregate frozen deposits of only $3,148,000. O'Connor said. On Commission Row . —Sept, 12— Quotations below are average retail prices being offered to buyers by 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: Claptos 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: Jumoo. 65c. Cranberries—2s-lb. box. $3,25. Onions—ldaho 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 —15s-lls. crate, *1.75. Lettuce —Outdoor. 15-lb. basket. 65c; Iceberg California, crate. $4 50. Cucumber?—Home grown, bu, *1 50. Egg Plant—Home grown, dob, *l. 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 50c; bu.. *1.50. FRUITS AND VEGETABLES (By United Pres*) CHICAGO. Sept, 12— Apples— Michigan Weaithies bushels. 2%-inch. *l3s© 150. Tomatoes—Michigan. 12-qt. baskets. 25© 50c: Ohio. 6-qt, 40© 50c. Sweet potatoes —Tennessee bushels, *l2s© 130 Peaches —Michigan bushels, *l2s© 225 Lettuce —California crates. *2 50© 3 55; Illinois boxes, 12© 15c. Beans —Illinois busheis. green. 50©65c. Cabbage—Wisconsin bushels. 50© 75c. Corn—lllinois sacks. 10© 50c. Carrots—lllinois bushels. 75© 85c. Peppers— Illinois busheis. 85c© *l. Eggplant—lllinois bushels. 40© 50c. Celery— Michigan crates. 40©75c. squares. Western cauliflower crates. *lls® 1.35. Grapes— Michigan concord. 12© 16c. 4 quarts. Onion market 'SO-lb. sacksi. Michigan ycilow. 70© 80c. Idaho yellows, 90c; Utah yellows 90c.

Marriage Licenses Robert Owilev. 22, Methodist hospital. Interne, and Helen Wurster, 21. of 834 North Seville avenue, nurse. James Butler. 25. ofl 1125 Olnev street, adjuster, and Lorene Wright. 21. of B*s North Gladstone avenue, cleric. John Baxter. 33. of 2422 Cornell street, laborer, nd Marjorie Shelbv 33. of 2342 Schofield avenue, housekeeper. James Weber. 28. of 1340 Congress avenue manager, and Ethel Skeen 28. of 2521 West Washington street, packer William Thompson. 24. of 3614 East North street, cleric and Marcella Paden. 21. of 122 North Senate avenue, nousekeeper. Earl Cook. 48 Evansville, laborer, and Willie Jackson. 40. of 437 Blake street, maid. Charles Hepburn. 26. Bloomington, physician. and Kathrvn Holadav. 26. 3811 Kenwood avenue, housekeeper. Frank Radford. 21. of 2050 Cornell avenue. laborer, and Gladys Foster. 21 of 929 East Seventeenth street, housekeeper. James Griffin. 23. of 825 Ogden street, laborer and Charles Chinn 16, of 710 North Senate avenue, housekeepr. Harold Schafflin, 29 of 325 North Bancroft street, inspector, and Mary Cunningham. 23. of 409 North Oakland street, stenographer. George Farley, 23 of 853 Edgemont avenue, laborer, and Elsie Brunson. 24 of 851 West Twenty-fifth street, housekeeper. Harry McDonald. 50. of 832 Rilev avenue, bridge designer, and Hasel Berrv 45. of 3850 North. Capitol avenue, housekeeper Fred Muhleman 47. Warsaw . salesman, and Pauline Hall. 32. Ciavpool hotel, sales representative. Edward Fink. 41. of 426 North Alabama street, unemployed, and Lena French. 37. of 524 North Alabama street, housekeeper. Alfred Barmore. 24. of R. R 18. miller, and Wilma Bowers. 18. R. R. 1. housekeeper. Doiand Bright. 20. Anderson, electrician, and Reva Wnght, 18. of 938 King avenue, ho'tsekeeper. m

PAGE 15

MAJOR GRAINS STRENGTHEN IN NARROW RANGE Oats and Rye Fractionally Lower: Corn Prices Irregular. BY HARMAN W. NIC HOLS Lnitrd Tr'** Stiff Corrfiv>ndfnl CHICAGO, Sept. 12.—Yesterday’s late strength in wheat carried over to the opening today on the Chicago Board of Trade and prices for the principal grain moved up fractionally. Wheat started % to % cent higher; com was unchanged to up \ cent; oats were off % to % cent higher, and rye was off \ to % cent. Buying at the start was not particularly spirited in wheat although the market showed no immediate symptoms of turning off. A steady market at Liverpool served as a level influence. Buenos Aires opened steady to thin fractions higher while Rotterdam closed unsettled. Chicago Futures Range -S?pt. 12— Whrsl— PrfV> „ High. Lot* in on. close. Sept 106% 1(16% 106% 1 06% Dor 101% 107', I 07 s . 107*. Mav 108'. 108 1 08% 108% CornDec 80', .79% 80 79% May 82*4 81% .82 81% Oat* m Sept 58% ,3S .58% *5% Dec .56 .55', 55% 58% ; May 55% .55 .55% .55 Rve— I Sept .82% .82% 82% 83 % 1 Dec. 85% .85 85 85 % May 88% 88% .88% 88% CHICAGO miSIARV RECEIPTS —Sept. 11— - -Bushels—- .... Today. Last week. Wheat 038,00 ft 1.467,000 Corn 739,000 1.891.000 Oats 167.000 186,000

Cash Grain

INDIANAPOLIS —Sept. 11— The bids for car lots of drain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, 17 1 a cents to river. Wheat—No 1 red, 96'a'ff 97'ac: No. 2 red. 95 1 a c,f96■ j C : No 2 hard, 97'aft 98'ac. Corn—Firm; No 2 white. 77'aA 78'ac; No. 3 white, 76'a'd77'3r: No. 2 vellow. 74' 25) 75' ac; No. 3 vellow, 73 1 aiß74'ac: No 2 mixed. 73’ i'h 74' 2 c; No. 3 mixed, 72’a® 73'aC. Oats—Strong: No. 2 white, 53*5 540; No. 3 white. 524i53c. Hay—Steady. iF. o. b. country point* taking 23'aC or less rates to Cincinnati or Louisville). Timothy—No. 1. 14fa.14.50. —lnspections Wheat—No. 2 red, 1 car; No. 3 red. 1 car. Total, 2 cars. Corn—No. 2 white, 1 car> No. 3 white. 2 cars: No. 1 yellow, 1 car; No. 2 yellow. 4 cars; No. 3 vellow, 2 cars. Total, 10 cars. Oats—No. 2 white, 3 cars; No. 3 white. 3 cars: Sample white. 1 car. Total, 1 cars. Rye—No. 2, 9 cars. Total. 9 cars.

Local Wagon Wheat City grain elevators are paying 95 cents for No. 2 soft red wheat. Other grade* on their merits (Bv United Press) CHICAGO. Sept. 11—Cash grain: Wheat —No. 2 red. $1 07%; No. 2 hard, *1.14; No. 1 mixed. $1.08%'b.l 09'2: No 2 mixed, SI.II. Corn—No 1 yellow. 81 1 2<'rt82c: No. 2 vellow, 81'atS82c; No 3 yellow, 81c; No. 1 white. 87'aC No. 2 white 86%587c; No. 4 white. 85'aC. Oats—No. 2 white. 58% <h! 59' 2 c; No, 3 white, 55%c; No. 4 white, 55c. Barley—sl.2o; quotable 80cW51.25. Timothy—slß.so4llß Clover seed—slß. 20. Cash provisions—Lard. $9 32; loose, $9 55; leaf. $10.50: bellies. sl3 92 TOLEDO, Sept. 11—Grain close: iGrain in elevators, transit billing ' Wheat—No. 2 red. $1.085 1.09. Corn—No. 2 yellow, R5586r Oats—No. 2 white. 60'aStBl'aC. Rye—No. 2, 865 87c. (Track prices. 24'.(j rate.) Wheat—No. 1 red. $1045 1.05; No. 2 red. $1.035 104. Corn —No 2 yellow. 814/81 Vic: No. 3 vellow. 80'aifr 81c; No. 4 vellow. 79' ■>'<! 80 %>c. Oats—No. 1 white, 57' 2 <5 60c: No 2 white. 57@59'/aC; No. 3 white. 55' i'a 57'ic ST. LOUIS. Sept. 11. Cash grain: Wheat in good demand, steady to %c lower on all grades: No. 2 red, $1 07: No. 2 red garlicky. $ 1.01' a : No 1 hard. sl,ls'i. Corn in fair demand. %c higher; No. 2 yellow. 82 ’,c. Oats In fair demand, steady to '2c higher; No. 2 white, 61c. CARLOADINGS CUT BY HOLIDAY LAST WEEK Freight Traffic Shows Decline Because of Labor Day. Hu Timm Special CHICAGO. Sept. 12—Carloadings for the week ended Sept. 8 showed declines from the preceding week, due to the Labor day holiday, statistics show. Chicago & Northwestern reported a total of 25,748 cars, down 2,590 from the precedng week, but 3,012 better than the same week a year ago. Santa Fe handled 25.373 cars, compared with 26,761 a week ago and 21,530 la.st year. Decrease from both comparative periods was reported by Chesapeake & Ohio, with 26,338 cars, against 30.477 and 27.589. Revenue freight holdings of the Milwaukee line totaled 25.018 cars, compared with 27,892 and 21,351. HIGHER RATES ASKED Illinois Railroads Request Income Increase of Freight Fares. ' H>l Timm Special SPRINGFIELD, 111., Sept. 12. Application for approval of freight rate increases on numerous commodities has been filed with the Illinois commerce commission by all railroads operating in Illinois. The application is smilar to one filed recently by all United States railroads with the interstate commerce commission. The increase asked by the railroads will, if granted, raise the nation's annual freight bill approximately 6 per cent and would give the carriers an added annual revenue of approximately $170,000,000. ELECTRIC REVENUES UP Income From Light, Power in July Totals §146,529,400. Bp Timet Special CHICAGO. Sept. 12—According to the Edison Electric institute, revenues from the electric light and power industry during July totaled $146,529,400, as compared with $143.211,700 in the same month of 1933. During the twelve months ending July 31 revenues amounted to $1,080,943,200, against $1,774,994,500 in the previous twelve months.

Moderate First Mortjaje Loans on Improved Indianapolis Real Estate The Indianapolis Morris Plan Company Delaware and Ohio Sts. RI-1536

BE SAFE lnnrr Your Car Te*!** fejEflßstats AuUmtfcila Insurants Ass’n. Ll. >571. It* floar.