Indianapolis Times, Volume 46, Number 108, Indianapolis, Marion County, 14 September 1934 — Page 26

PAGE 26

Wall Street Bank Examiners Notified to Ease Up on Their Requirements. —BY RALPH HEM)ER>HOI Tlb'i Special Financial Writer I

DISPATCHES from Washington this week confirm the general Impression held previously that the meeting of bank examiners with the heads of the treasury department. the federal reserve board and other government agencies interested in banking was for the purpose of getting the examiners to ease up

on their requirements in order to facilitate the exte n s ion of credit to industry. P. M. Law. pres ident of the American Bankers Association. appeared before the meeting and outlined the position of

flendershot

the bankers. He revealed the inconsistency of some agencies ol the government urging the banks to grant more liberal loans, while other agencies were pressing the banks to dispose of so-called slow loans. Ail were in agreement that the banks had a logical complaint. In all probaility the facts brnugnt out at the meeting were predetermined and intended primarily for the public and the examiners. It seems certain that the examiners will be told that they have been too severe in their requirements and that in the interest of business recovery they should take a more liberal attitude. a m • SUCH instructions might lead to carelessness in the future in bank examinations. The examiners might feel that the government Is behind thrm and would be in no position to criticise if they became slack. Such an attitude might defeat the purpose of bank examinations and in the end could lead to another wave of distrust of banks if carried to extremes. The other side of the picture, however, and the one the government undoubtedly is looking at is the tendency on the part of bank examiners to permit loans which are really doubtful in times of prosperity merely because they appear safe and to put on the screws in periods of depression for the reason that debtors are slow in meeting their payments. An upturn in business undoubtedly would make all the difference in the world in the case of most loans which now are regarded as doubtful. n u a THE implication in Washington dispatches dealing with exchanges between Joseph P. Kennedy, SEC chairman, and Eugene E. Thompson, president of the Associated Stock Exchanges, is that the officials of some corporations have been looking seriously toward the over-the-counter market as a possible avenue of escape from the regulations to be imposed upon security trading in the organized exchanges. The over-the-counter market has been viewed, it is stated, as possibly offering • advantages.” Since the new deal's aim toward security trading is avowedly that of safeguarding the interests of investors, i the public may have difficulty in in- j terpretmg this desire of some corporations to preserve “advantages” for their securities. It might easily have been suspected. however, as now develops to be the case, that federal administration has no intention to ignore the over-the-counter market in its program to safeguard investors. The SEC intends to watch both the byways and the highways.

WHEAT EXPORTS IN U. S. AND CANADA DECLINES Shipments During Week Ended Sept. * Totaled 3,491.780 Bushels. Hu Timra Spertol NEW YORK. Sept. 14—Exports of wheat from United States and Canadian ports for the week ended Sept. 8 totaled 3.491.780 bushels, as compared with 4.728.198 bushels in the previous week, and 3.903.889 in the corresponding week of last year, according to Dun 8: Bradstreet, Inc. For the season. July 1 to date, wheat exports aggregated 34.780.452 bushels, as against 34.352.580 bushels for the same period a year ago. Corn exports last week were nil, compared with none in the preceding week and nothing last year. For the season, com exports amount to 1.000 bushels, as compared with 20.000 bushels for the like period in the previous year. In the Cotton Markets —S#pt. 13— CHICAGO Htch L©w Close January 13 20 13 12 13 12 March 13 25 13 17 13 17 Mav 13 29 13 70 13 20 Julr 13 23 13 23 13 23 October 13 03 13 00 13 00 December 13 16 13.11 13.11 NEW YORK January 13 06 12 99 12 99 March 13 15 13 04 no* Mae 13 21 13 10 13 10 Julr 13 26 13 IS 13.15 October 12 92 12 85 12 85 December 13 05 12 97 12 97 NEW ORLEANS January 13 02 13 02 13 02 March 13 14 13 03 13 05 May 13 20 13 10 13 10 Julr IS 24 13 IS 13 15 October 12 95 12 89 12 69 N. Y. Coffee. Sugar Futures —Sent. 13— corrtE —Santee— Hieh. Low. Close. March 10 83 10 75 10 83 Mav 10 85 10 80 10 82 July 10 86 10 72 10 82 September 10 98 10 98 10 98 December 10 8' 10 $0 10.84 —Rie— January 7.75 7.75 ~75 March 7 90 7 85 7 90 Mar 7 99 7 94 7 99 Julr 8 08 8 08 8 08 Seo’em.bet 750 744 750 December 7.71 770 7.70 SI'GAR Hich Low. Close January I*2 101 I*l March 196 195 1.95 Mar 1 99 1 90 1 98 Jttlr 3 02 2 02 2 03 HlMrtn . To* 188 188 December VJ? I*3 I*2 Retail Coal Prices rsa tau—me ortcea represent Quotation* Irons .ealina Insianaoelu roa det.er* A 2)-oan rarrrir.a -haree oe- ton w*’t • added mitiiom Niitu nuiti Antrracue lUh R:ar:l Lame 590 Hr.tJ SM atO f ir.i Mire Run 3S f-'*e Nn. dire *4* C.’*e 9t Sre O.fti 1s t ana rer*ed tuwe No 4 and 0 i7> Indian* Ore 5 75 Kectudfey ramip, Group "R" J.IS rttftaf‘l* Lump IJ Oart't'iUtt hi U! P©c*-r r.’aa M re Rua 0 Nea R. .er Bmotle*B 0-31

STOCKS BREAK SHARPLY UNDER SELLING DRIVE Allied Chemical Drops More Than 8 Points: Silver List Slumps. BY ELMER C. HALZER (nited Fret* financial Wiior NEW YORK. Sept. 14—A break of 8% points to 117 in Allied Chemical and Dye Capital stock set off | sufficient selling today to send the stock market down 1 to more than, ; 3 points. Early in the fourth hour trading quieted down and prices came back slightly from the lowt. The decline took United States Steel common stock to 30'*. off l't, and the preferred 72%, off 2%, both new lows. In connection with selling were rumors the Steel Corporation planned to eliminate the dividend at the next directors’ meeting. Silver shares were forced down. United States Smelting dropped more than 3 points from its high to 111'-, off 2 points net before meeting meager support. Gold miners weakened with losses ranging to more than a point. Losses of 1 to 2 points were made by Du Pont, Chesapeake fc Ohio. Case. American Smelting American Can. American Telephone, General Motors. Westinghouse Electric. Industrial Rayon and Monsanto Chemical. Union Pacific lost 3*i to 93. Sales in the third hour totaled 320,000 shares. Yesterday the first three hours’ business was only 230.000 shares. The total for the latter period today was 520,000 shares.

Money and Exchange INDIANATOLIS STATEMENT —Sept. 14 — Clearing* *2 102 000.00 Debits 5.057,000 00 FOREIGN EXCHANGE ißv Abbott. Hopptn & Co.l —Sept. 13— Close Sterling England $5 00% Franc. France 0667 U Lira. Italv 0869% Franc. Belgium 2377 Mark. Germany .4037 Guilder. Holland ... .6862 Peseta. Spain 1384 Krona. Norway 2SIB Krone. Denmark 2237 Treasury Statement ißv United Pressi WASHINGTON. Sept. 14 —Government expenses and rerelpis of the current fiscal vear to Sept. 12. compared with the corresponding period of the previous fiscal year. This Year. Last Year. Expenses . $1.194.6>0.943 85 $704 150,696 72 700 185.971 23 464 818.187 86 Deficit ... 494 464 972.62 239.332.508 86 Cash Bai. . 2.156.576,991 27 Investment Trust Shares ißv Abbott. Hoppin & Co.l —Sept. 13Fid. Ask. American Bank Stocks Corp . .87 .S3 American & General Sec A ... 3.00 !>.OO American & Inv Tr Sh 1.75 Basic Industry Shares 2.85 290 British Type Inv Tr Sh 40 .45 Collateral Trustee Shares A ... 4 00 4 10 Corporate Trust Shares toldi . 1.80 1.83 Corporate Trust Shares inewi 2.03 2.07 Cumulative Trust Shares ... 3.17 352 Diversified Trust Shares A ... 6.25 . .. Diversified Trust Shares B ... 6 75 Diversified Trust Shares C ... 265 2.70 Diversified Trust Shares D ... 4.08 4.14 First Insuiance Stock Corp .4 37 487 First Common Stock Corp .50 .55 Fixed Trust Oil Shares A ... 7.00 ... Fixed Trust Oil Shares B 6 00 Fundamental Investors. Inc ... 1.70 1.88 Incorporators Investments 15 57 16 74 Land Bank Bond Shares 1.13 1.26 Low Priced Trust Shares 4 66 4.76 Mass Inv Trust Shares 17.47 18.99 Nation Wide Securities 2.86 296 North Am Trust Shares (53* 1.70 North Am Trust Shares i55-56> 2 05 2 10 North Am Trust Shares 1 58• .. 2.08 2.13 Selec'ed American Shares .... 2.21 Selected Am Shares Inc 98 1.07 Selected Cumulative Shares .. 5.86 Selected Income Shares 307 ... Std Am Trust Shares A 2.61 265 Trust Shares of America .... 254 2.58 Truster Std Oil A 515 520 Trustee Std Oil B 4 51 4 61 D S Elec Lt A Par A 10 62 11.00 Universal Trust Shares 2.63 2.73 Daily Price Index (Bv United Press) , NEW YORK. Sept. 13—Dun & Brad--treets daily weighted price index of thirty basic commodities compiled for the United Press: (1930-1932 Average 100. 1 Todav 118 05 i Yesterday 118.48 Week Ago 120 24 Month Ago HI- 1 * : Year Ago (Sept. 14) 102.10 11934 High (Aug 29• 120.95 1934 Low (Jan. 3i 101 05 New York Bank Stocks (Bv Abbott. Hoppin & Co.l —Sept 13Bid. Ask. • Bankers .... 50' j 31 Brooklyn Trust 78 80 Central Hanover 107% 108% Chase National 22 22% Chemical 36% 36% National City 19% 20% Corn Exchange 42' < 42 • Continental 11'* }? Empire l s 1> First National 1.440 1.455 Guarantev 292 294 Irvine .... 14% > 4 Manhattan * Cos 25% 26 Manufactures 17% I®* :::::::::: 81; REAL SILK REPORTS NET OPERATING LOSS Decrease for 6-Month Period Much Greater Than Year Ago. Real Silk Hosiery Mills. Inc., and subsidiary companies report for the six months ended June 30. 1934, a los from operations of $413,459.26, after provision for depreciation, interest charges, special charges, fed- : oral income taxes, etc., as compared with a loss of $7,594.75 for the corresponding period of 1933. During the period the companies' consolidation deficit was increased by $3,157.14. representing an adjustment of prior years taxes amounting to $1,087.14. and the payment of $2,070 of preferred dividends of a subsidiary company, and decreased by $14.32*1 09. representing adjustments of prior years’ taxes. The consolidated deficit as of June 30. 1934. amounted to $1,158.203.51. as compared with $755,908.20 as of Dec. 31 1933. LIFE INSURANCE MEN ATTEND CONVENTION Five Indiana Agents of Hancock Firm to Make Boston Trip. Five Indiana representatives of the John Hancock Mutual Life Insurance Company will leave Saturday for Boston, where they will attend a three-day agency leaders' convention at the home office. Roy O. Woods. Indiana sales manager, announced today They are Walter B. Lichtenstein, Indianapolis John C Irwin. South Bend; Cecil C Johnson. Paoli; Dan W. Fiirkmger. *nri:anapolis. genera! agent, and B A Burkart. agency 1 1 cashier The first three men named wen the honor of attending the Boston conference as result i.f high qualifications in a six monists sales [ i contest, Mr. Woods said.

New York Stocks Hv Abbott Hoooin & Cos AVERAGE STOCK PRICES FOR THURSDAY Net High. Low. Close, change. Thirty industrials 90.45 89.12 89.44 —.lB Twenty rail* 34.85 34.45 34.52 —.05 Twenty utilities 19-51 19.28 19.31 —.19 Forty bond* .... 91.12 —.lB Ten first rails .... 98.31 —.06 Ten second rails .... .... 72.80 —.45 Ten utilities .... 98.05 -^.21 Ten industrials .... 95.32 —.43 + Up. -Off. •Where quotation, are not riven there ha* been no trading in thoie Uxae*.

—Sept. 14— Prev.i Oil,— High Low. 10 00 close Amerada If* Atl Rg „ 23', Consol 03 B', 8 Cont of Del J 7 M;d Cont Pet XI i Ohio Oil 9 ■ > ' Pet Corp ®' ! Phillips Pet 15 , i Plymouth Oil ? * I Pure OH 7'. 7*4 I Sbd Oil 22% ! Shell Un g • Skellev Oil • 7 Boc Vac 15 s , 15% IS** 13 * , S O of Cal „ e , 31'a SO of Ind 25'a 25% S O of N J 42% Sun Oil Texas Corp 21 % 21*. Tidewa'er Assn *, Un Oil of Cal 14',a 14'a Steela— Am Roll Mills 16', 16'A Beth Steel 27*. 27', Bvers AM J 5 a Cruc Steel If * Inland Steel 35 Ludlum Steel £2 Natl Steel 38 Otis Steel 4'a Rep Iron & Sfl 12', 12; U S Pipe k Fdv _ 17% U S Steel 3184 31% U S Steel pfd 74’, 75 Warren Bros % Youm.stn S k T 15 Motors— Auburn . 22 Chrysler 31', 31 31 31 Gen Motors .... 28', 28 23'* 28', Graham Mot 2 1% Hudson 7 V, 8 Hupp 2 /a Mack Truck 24 Nash 13 * Packard 3 a 3 a Reo 2 1 a 2' a Studehaker 3 Yellow Truck 3'/ Motor Acre**— Bendix 12 Bohn Alum 49 Borg Warner .... ... 30% 20% Briggs }6 Eaton Mfg 14 4 Elec Amo Lite 21 3 , 21% Houdaille 'A" 3" Mullins Mfg 7*2 Murrav Boav „}• , Timken Roll 28 Mining— Alaska 17 17 Am Metals 1" lg,. Am Smelt 33‘A Anaconda H'/i 11 Cal k Heel a ,3V* Orro De Pasco , 37 Dome Mines 42% 43 Granbv 6% ••• Gt Nor Ore \\ Howe Sound .... • 49 48 4 Int Nickel 24% 24', 24 3 * 24-, Int Silver 25Kenncott Cop 181s 18_s Mclntyre Mine 44-, Noranda Cop 4 2 4 Park Utah 3 % Phelps Dodge J 4 ', St Joe Lead ••• 17 * U S Smelt 113% 1131a Vanadium •• 15 ' 4 Amusements— Crosley Rad ... ••• 12 Fox Thea lO;"* Loews Inc Radio Corp • jj 4 RKO 2 , Warner Bros 4 4.* Tobacco*— Am Sum Tob .. Am Tob A 72', Am Tob B 75 Gen Cigars Lorillara }7 , Reynolds T 47 ’■ Rails— Atchison 48', 2 48% 48% 48 Atl Coast L 27Vs B k O I® Can Pac 13% 13/2 Ch k Ohio 42% 421, Chi k Gt W 2 ... Chi k Gt W pfd 4'/, CMk S P l CM& S P pfd f 5 Chi N W 5% 5U Chi N W pfd {I Dtl L A W 16'/2 164, Erie ... .. 11 Grt Nor pfd ••• }3'a 14 111 Central .... 16% 16 16 16 K C Sou 7 % Lehigh Valley.. .. ••• ••• 10* MK& T 6 MK k T nfd . •• , • - J 4 .* N Y Cent 20*s 20Vs 20V, 20 3 , N Y New Haven 9** 9 7 , Norfolk k Wes ••• 168 Nor Pac , J 4 Penn R R ?1 7 A 22V, Sou R R 14* 15 Sou R R pfd If Union Pac ™ ' West Maryland OV2 Equipments— Allis Chalmers 12', Am Brake Shoe ... 22 Am Car & Fdy ... la Am Car k Fdy 34 a Amer Loco 15a Am Loco pfd 36 2 Am Mach & Fdy }3'a Am Steel Fdy 1?', Bald Loco 7*, 7Vs Burroughs •] 4 Case J I••• Cater Tract 24*, Elec St or Bat 35 • Gen Am Tk Car •■ ■ 32 Gen Elec 1744 18 Int Bus Mach 139 Int Harvester 25', Natl Cash Reg 13 3 Pullman Inc 39V 2 Rem Rand ••• ••• 77, West Air B —, 18 Westingh Elec . 30'i333,0 3 , 30‘2 30*4 Utilities— Am k For Pwr 5 3 * s^', Am Power k Lit .. ... 4 4', AT&T 110 V, 110 3 , Am Wat Wks 15 15 Col Gas & Elec B', 8 Col G & E pd 61 Com & Sou n/2 IV2 Consol Gas 25 3 /, 26 Elec Pwr & Lit.. .. ... ••• 3 3 4 E P k L pfd §'/• Int Hvdro Elec . .• 3 3 * Int T & T .. ST* BV, 8 3 , 8 7 , Nat Pwr & Lit.. .. ... .• 7'/2 North Amer 12',2 12 3 , Pac G & E 15 Peoples Gas ... ... 22 3 , Postal Tel pfd 13Vi Pub Serv N J 30 30 So Cal Edison 11 '2 H 34 Sid Gas pfd 7', 7*, Stone & Webster s*, United Corp 3'2 3*2 Un Gas Imp 14V, U P & Lt A 2', 2 Western U ... 33 33 Rubbers— Goodrich 9 3 , Goodyear ... ••• 20 Kelly Spg 1* U S Rubber 15V, 15', U S Rub pfd333,4 3 , Miscellaneous— Am Bk Note 12 3 , 12‘* Am Can 96 3 , Anchor Cap . 15' Bklyn M Tr .. 42*, 42 42*, 42', Conti Can 80', 81 Curtis P pfd 82 Eastman Kod 96', Gillette 11 11 Glidden .. ••• ••• 22 3 , Int Rap Tr 14 7 , Owens Bot 63 3 , Foods— • Am Sugar 63 Armour A 6 Beat Crmry 17 3 17 7 , Borden Prod 24*, 24 3 , Cal Pack ... •• 37 s , Can Dry G Ale 14 3 , 14 s , Conti Bak A 6 Corn Prod 59 Crm ol Wheat 32 Cuban Am Sug Gen Foods 29', Gold Dust 17 V 4 G W Sugar 29 Loose Wiles ... ... 37V, Natl Biscuit 31‘, Natl D Prod 16*2 Puritv Bak 9 s * 9* Std Brands . 19 18 7 i 19 19 Un Biscuit 22-V United Fruit 72 Wriglev 64 V 4 Retail Stores— Best & Cos 30', Gr Un Tea 4 3 Hahn Dept Sts 4V Kresge S S 17V, 17Vi Kroger Groc 27 V Macv R H 36 Marshall Fields 10Vi Mav Dept St -i- 34 7 * Mont Ward .... 24 23 3 , 24 23 7 Natl Tea lO’a Penny J C ••• 56 Safewv St 46V-2 Sears Roebuck 36' 2 36^ Wooiqtirth 47 Vi Aviation Aviation Corp 4 Curtiss Wright 2’a 2• Douglas Air 15* 15 *, Speery Corp - ... 7V, United Aircraft i ... 14 Chemicals — Air Reduction . ■ • •• ■ I°6 Allied Chem . 124 123 3 i 123 s , 125 Am Com Alco 24 24* 2 Col Carbon 63*2 Com Solvents .. ■ 18 s , Dupont •••• 86 l s 86 86 86 V, Freeport Tex 2* Liquid Carb 20 . Math Alkali 24 s , Mor.tesonta Chem . ?l Natl Di< 1 new 1 . 19 1 * 19', 19;, 19', Scheneiev Dist 20, , 21 s , Tex Gulf Sulph 33’, 34 Union Carbide 41 41* U S Ind'i Alco 36 5 , V;re Ch 6%. Did 16-2 Drug*— Cotv Inc 47 47 7 . Lambert 23 a Lehn & Fink 12 s , Un Drug 11'a Zonite Prod 3 5 * Financial— Adams Exr *;? , Allegheny Corp 2 1; Am Int Corp. S’* Lehman Corp .. .. ... ... oSVa

THE INDIANAPOLIS TIMES

Transamerica s*a s*, Tr Conti Corp ... 4 3*, Building— Am Radiator 11V* 12 3 Gen Asphalt 14 3 , Int Cement 20 Johns Manville 42'* Libbv Owens Gls 27 3 , Otis Kiev 14 Household — Congoluem 27 Kelvinbtor 12 s a Proc & Gamble 36’ 5 Simmons Bed . .. 9Vi Textiles— Amer Woolen .. 8 C’elanese Corp 19'• Collins Aikman 11 Gotham Hose 4 s , Indu Ravon 23 Real Silk 5' 2 New York Curb (Bv Abbott. Hoppin & C0..1 —Sept. 13Close' Close Allied Mills .... 7 Gold SI. El. ... 25 3 , Mum. Cos of Am 50' 2 Hiram Walker . 25 3 , Am. & F P. W 3 3 , Ira. Oil Ltd .. 14 3 * Am Cyani “B" 16', Hud. Bay Min . 14’, Am. Gas & El 20& Int. Petrol ... 28V, Am. Supp I s , La. Shore Min . 55& As Gas k El. ‘2 Libbv McN L. . 7* Atlas C'orp. .. B', Lone Star Gas . 4 7 Can Marc. ... l 3 4Mt Producers . 4' 2 Carrier Corp. .. 6', Natl Bellas H . 2’ 2 Cities Serv. ... 17,I 7 , Newmont Min . 41 Creole Petrol 13 Nia. Hud P .. 4' 2 3rown Cork Inti. 6*, Park Davis ... I*, Dist. Corp 15 Penn Road ... 13,I 3 , Dow Chem .. 69 '(■ St .Regis Paper . 2', El. Bond & Sh. 9 3 , Sherwin W . ~66 s , Fisk Rub 7 :Std. of Ky 15' 2 Ford of Can.*'A” 18* reck Hughes G . 5*2 Ford of Eu. .. B’, Un P. & Lt. "A" 13.l 3 . Gulf O. of Pa . 53 iWright Har. M. 9>, Chicago Stocks Bv Abbott. Hoppin & Cos —— —Sept 14High. Low. 11:30. Bendix Aviation 11 1 2 11H 11% BerghofT Brew Cos 4 3', 3'.2 Borg-Warntr 20 3 i 19 '2 19Va Butler Bros 7 5 ,, 7’ 2 V,2 Chicago Corp. com 17,,I 7 ,, Chicago Mail Order 11 Cities Service I s , Commonwealth Edison. 42 39*,i 39*4 Cord Corp 3% Electric Household 14 1 2 General House Util ... 7', Great Lakes Dredge 14 7 * Iron Fireman 14 1 , Libby-McNeil 7 1 /* Noblitt-Sparks Ind Inc. 13 3 4 13 1 2 13 3 ,4 Public Service N P 14 Quaker Oats 120*2 120 120 Swift & Cos 18' 2 18 18V* Swift International .... 36'., 35*i 35V, Walgreen Cos com .• 23V, Zenith Radio 2V4 2 2 Bond Prices ' Bv Fenner k Beane —Sept. 14— High. Low. 10:30. Arn&For Pwr 5s 2030 50 AT&T db 5s '65 108'* 108!, 108’, Atchison gen 4s ’95 ..100*8 100 100 3 , B&O cv 4 ! 2S ’6O 53*, Beth Steel 5s A ’42 ... 102V4 Can Pac 4s ’57 75'4 75 75 ChMSP&P adj 5s A 2000 BVs 8 8 ChMSP&P rs 5s A ’75 25*4 Cons Gas N Y 4V z s ’57. ... 102' 2 Erie R R rs 5s '67 61 3 , 61V4 61V, 3oodvear 5s '57 99' 2 99'< 99'4 3t Nor 7s A ’36 82 Vi 82 "s 82 V a [nterboro R T 5s '66 75% Int T & T db 5s ’55 .. . . • 56 lat Dairy db s',s ’48.. 97% 97% 97% >4 Y Cent 5s O 2013 63 Para Pub s' 2 s ’SO .... 48 47% 48 Penn R R 4'is D ’Bl 93% Poland 7s ’47 123 Sin Cons 6'2S B ’3B 104 Texas Corp 5s ’44 103 Un Pac Ist 4s ’47 103% 0 S Rub 5s A ’47 83Va Western Un 5s 'sl 81 Vgstwn S&T 5s B '7O 83% 83% 83 J 8 U. S. GOVERNMENT BONDS (Bv United Press! NEW YORK, Sept. 13.—Closing Liberty Bonds: iDecimals represent 32nds.) —Liberty—3'is (32-471 102.23 First 4Vis (32-47) 102.30 Fourth 4Vis (33-38) 103.1 —Treasury—4'is 3%s (45) 100.15 4'is (47-52) HO. 3%s (43-47) 101 6 3*,s (41-43). March 101.20 3%s (40-43), June 101.18 3's (’4B) 101.20 3Vis (46-49) 99.30 3s (51-55) 98.26 FEDERAL FARM LOAN BONDS (Bv Blyth & Cos.. Inc.) —Sept. 13— Bid Ask 4s July 1. 1944-46 95 95% 4s Nov.' 1. 1957-37 94 95 4s Mav 1. 1958-38 94 95 4V,S July 1. 1956-36 95 96 4'is Jari. 1. 1957-37 95 96 4'is Mav 1. 1957-37 95 96 4'is Nov. 1. 1958-38 95 '2 96V a 4' 2 s Mav 1. 1942-32 98 99 4%s Jan. 1. 1943-33 98 99 4%S Jan. 1. 1953-33 95% 96% 4'iS July 1. 1953-33 95% 96% 4%s Jan. 1. 1955-35 96 97 4%s Jan. 1. 1956-36 96V 2 97% ss' May 1. 1941-31 99% 100% 5s Nov. 1 1941-31 99% 100 s ,a Home Loan—--3s Mav 1. 1964-44 95.14 95.24 4S July 1. 1951 95.14 90.24 —Federal Farm Mortgage Corporation—3'is March 15. 1964-44 98.28 The three latter Quotations are in thir-ty-seconds. On Commission Row —Sept. 14— Quotations below are average retail prices being offered to buyers bv local commission house dealers. Peaches Michigan Eibertas. bushel. $3 00. Plums—Michigan, large blue, half bushel $1.15; Italian, halt 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. 5V,c. Pineapples—24 size. $6: 30 size. sl. —Vegetables— Endive—Ohio. 2 doz.. basket. 85c. Sweet Corn—Home grown, doz., 20c. Cabbage—Northern. 50-lb. bag. 85c. Celery—Michigan medium dozen. 45c: lumbo. 65c. / Cranberries—2s-lb. box. $3 25. Onions —Idaho sweet Spanish, large. 50lb. bag. $150: Michigan *ellow. $1.,0: westren. whites. $1.85. Pickling Onions—lo-lb. bag. 75c Potatoes—Eastern Cobblers. 100-lb. hag. $1.75: Wisconsin round white. 100-lb. bag. $1 65: Idaho russets. $2.25. Sweet Potatoes —Eastern Yellow Jersevs 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. sl-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.. 85r Spinach—Home grown. New Zealand, bu 65c: Broadleaf. 12-lb basket 60c. Tomatoes—Outdoor basket 50c: bu.. $1.50. FRUITS AND VEGETABLES (By United Press) CHICAGO. Sept. 14—Apples—Michigan Mclntosh, bushels. 2% inch. $1,354*1.50; weathers. $1.25® 1.35. Tomatoes—Michigan. 12 quart baskets, 15® 35c. Sweet Potatoes Tennessee, bushels. $1.25 Peaches—M'.chican. bushels. $1,751? 2.25 Lettuce —California, crates. s3®3 75. Beans —lllinois, bushel, green. 25'S60c. Cabbage—Wisconsin. crates. 500 65c Carrots —lllinois, bunches. lnl':c. Peppers—lllinois bushels. 65® 85c. Eggplant—lllinois, bushels. 35® 40c. Celery—Michigan, crates squares 40® 65c: flats. 30® 50c. Western Crates Cauliflower —$1.15@1 30. Grapes— Michigan Concord 4 quarts 12ft 13c; 12 quarts. 25® 28c. Onion Market (50 lb. sacksi—Michigan vellows. 70a80c: Idaho whites. 90c® $1 15: Idaho vellows. 90c® $1.00: Utah yellows. 90C051.00. FOOD INDEX SHOWS DIP Decline of 2 Cents Registered After Five Weeks of Advances. HU 1 tmes Special NEW YORK. Sept. 14.—After registering advances for five consecutive weeks, the food index declined 2 cents for Sept. 11 to '2.38 from $2 40 in the preceding week, which set anew high record since January. 1931. Despite the drop in the index there were more individual advances than declines, the former number fourteen and the latter only six.

PORKERS RISE 10 TO 30 CENTS AT CITY YARDS

Cattle, Veals Hold Steady; Lamb Values Move Slightly Lower. Porker prices registered an advance of 10 to 30 cents above yesterdays average at the Union Stockyards this morning. Few underweights remain unchanged. Receipts were estimated at only 3.500. The bulk of 160 to 200 pounds sold at $6.70 to $7, while heavy grades weighing 200 to 300 pounds brought $7 to $7.15. Light weights scaling 130 to 160 pounds were salable at $5.75 to $6.25. Others averaging 100 to 130 pduni’.s cashed in at $4.50 to $5.50. Packing sows held at $5.25 to $6. Holdovers numbered 286. Early sales of steers in the cattle market were scarce and mostly unchanged, with no definite trend established in cows. Low grade heifers and Stocker steers ranged from $5.50 down. Few held at $7.50 down. Receipts numbered 500. Vealers displayed a steady trading range during the initial part of the session and were salable at $7.50 down. Receipts were 600. Lamb prices were weak to slightly lower than the previous close, with most classes selling at $6.50 down. Few choice grades brought $6.75. Bucks were discounte' 1 sl, while throwouts ranged at $3.50 to $5. Receipts were 1.000. An increase of 10 cents was registered in hog trading r.t Chicago. Weights scaling 180 to 200 pounds were bid in at $6.90 to $7.15. Best medium weights were held at $7.25. Receipts were estimated at 10,000, including 2.000 directs; holdovers, 2,000. Cattle receipts, 7,000, including 4.000 government; veals, 3.500. including 3.000 government; market steady. Sheep receipts, 7,000; market unchanged. Sept. Bulk. Top. Receipts. 8. $7.00® 7.05 $7.75 2.500 10. 6.75# 6.80 6.90 8.000 11. 6.56® 6.55 6.65 7,000 12. 6.50® 6.65 6.75 5.000 13. 6.60# 6.80 6.95 3.000 14. 6.70# 7.00 7.15 3.500 Market Hither (140-160) Good and choice....s 6.00® 6.60 —Light Weights—-(l6o-180) Good and choice.... 6.70# 6.95 (180-2001 Good and choice..., 6.90# 7.00 —Medium Weights—-(2oo-2201 Good and choice .. 7.10® 7.15 (220-250 1 Good and choice..., 7.10® 7.15 —Heavy Weights—-(2so-2901 Good and choice .. 7.05® 7.10 (290-320) Good and choice... 6.75# 7.05 —Packing Sows — (275-350) Good 5.90® 6.25 (350-425) Good 5.75# 6.10 (425-550) Good 5.50® 6.00 (275-5501 Medium 5.25® 5.85 —Slaughter Pigs—-(loo-130) Good and choice.. 4.50® 5.50 CATTLE Receipts, 500; Market,Steady. —Steers—-(sso-900) Choice L2s® 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 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 $ /.oo® 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, 600; Market. Steady. Good and choice * 7.00® (.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 1800-1,050) 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. 1,000; Market, Lower. Lambers. 90 lbs. down, good and chioce $ 6.25® 6.7a Common and medium) 4.00# 6.25 —Ewes—-(9o-1201 Good and choice ■ 2.00® 2.50 (120-150) Good and choice 1.75® 2.50 All weights. common and medium •• 1-25® 2.00 Other Livestock (Bv United Prt si CHICAGO. Sept. 14.—'logs— Receipts 10,000, including 3.000 cirect: market slow; 10#15c higher than Thursday; weights above 200 lbs., 47.15® 7.25; top. $7.25; 170-200 lbs.. -6.50<%7.15; light lights. $5,504? 6.50; good pigs. s4#s; packing sows $6.10016.50: light lights. 140-160 lbs., good and choice. ss.s(f'</6.50: lightweights. 160200 lbs., good and choice. 56.25#7.20; medium weights. 200-250 lbs., good and choice, $7®7,25; heavyweights. 250-350 lbs.. £ood and choice. s7f</.7.25; packing sows. 2.7a-550 lbs., medium and choice. $5.25®6.60; slaughter pigs. 100-130 lbs., good and choice. 53.i50 5.50. Cattle—Receipts.-3.000; commercialv. 4.000 government: calves, 500 commercial 3,000 government; fed steers and yearlings lost 25® 50c late Thursday: instances 75c off: numerous loads held over for today's market; today's trade about in line with Thursday's close: most fed steers and yearlings. $6.50 ®8 50; nothing strictly choice here; best. $9.15: some cattle being held for next week's market: indications of a fairly good clearance at sharpest decline of the season; other killing classes generally steady; sluaghter cattle and vealers: Steers, 550900 lb . good and choice. $5.75® 9: 9001.10 lbs., good and choice. $6.25#9.75; 1.100-1,300 lbs., good and choice. s7® 10 25; 1,300-1.500 lbs., good and choice. $7.75® 10.50: 550-1.300 lbs., common and medium. $3®7.75; heifers. 550-750 lbs., good and choice. $5 50 0 8; common and medium, s3® 5.75; cows. good. $3.50®5.50; common and emdium. $2 00®3.50: low cutter and cutter cows. $1.50 0 2.50: bulls, yearlings excluded. good. beef. $3.25# 4.25; etters. common and medium. $2.50® 3 35: vealers. good and choice. 56.50®8.50: medium. s3® 6.50: cull and common, s4@s: Stockers and feeder cattle: Steers. 550-1.050 lbs., good and choice. $4 25®5.75; common and medium. $2.75®4.25. Sheep—Receipts, 7.000; fat lambs in fairly broad demand: undertone strong; asking 25c higher compared to Thursday's close; bulk natives held at $6.50 upward' early top. $6.60: few native ewes. $1.50#2 50. steady: slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. $6.150 6.65: common and medium ss® 6 25: ewes. 90-150 lbs., godo and choice. $1.75®2.75: all weights, common and medium, $1.50®2.15: feeding lambs. 50-75 lbs., good and choice. $5.60 0 6.25 FT. WAYNE. Sept. 14— Hogs—Market. 20c higher: 250-300 lbs . $7; 200-250 ibs.. $6.90; 180-200 lbs.. $6 80: 160-180 lbs.. $6 70; 300-350 lbs.. $6 80: 150-160 lbs.. $6.20; 140-150 lbs., $5.90: 130-140 lbs., $5.70: 120-130 lbs.. $5.45; 100-120 lbs.. $4 80: roughs. $5 25; stags. $3. Calves, $7.50; lambs. $6.25 (By Times Special) LOUISVILLE, Sept. 14.—Cattle—Commercial. 250: governments. 2.100; market slow, around steady, except beef cows 25c lower for two da vs: bulk steers and heifers of value to sell at $3 0 $4; very few eligible above $4.50. but strictly good baby beef type yearlings quotable to around $6: bulk beef cows. $2 25®,3; most low cutters and cutters, sl®2: sausage bulls, mostly $2.50®3; bulk Hereford stock calveg. $4.500 5 25. common to medium natives. $2.5003.50: calves commercial. 500. including 165 stock calves: market steady: bulk better vealers. S6O 6 50; medium and lower grades. $5 50 down Hogs —Receipts 400. market. 25c higher: top and bulk. 185-275 lbs . $6 95; 280 lbs up. $6 50: 160-180 ibs . $6 25; 140-155 lbs.. Iss 75: 120-135 lbs.. $4.25: sows. $4 75: I grassv and unfinished hogs subject to a discount Sneep—Receipts 600. including I 240 stock ewes: better grade lambs mostly 25c lower: bulk. $5.750 6; choice to is 6 25: light throwouts unchanged at $3 50: most better fat ewes. $150®2 25: bulk desirable stock ewes. S6O 7.50 per head. ReI ceipts Thursday—Cattle, commercial. 251; i government. 482: calves, commercial. 408; hogs. 403: sheep 573. Shipments ThursI dajr—Cattle, commercial. 60: calves, commercial. 100, hogs. 737, sheep, 474.

Iron and Steel Bookings Increase During Week

Production Rate in Metal Plants Climbs Half Point. By Times Special * * CHICAGO, Sept. 14.—Moderate expansion in iron and steel bookings during the week, especially from miscellaneous sources, is reported in Iron Age, industrial periodical. Rate of production in steel plants has risen a half point from the average of the last two weeks to 19 % per cent of productive capacity. However, as yet there is no indication of a definite upward trend, according to the magazine. The slight gain in output resulted from increases of two points to 11 per cent of capacity at Pittsburgh, three to twenty-three in the valleys and one to twenty-four at Chicago. These were largely offset by losses of eleven points to 15 per cent at Cleveland, three to twenty-one in the Wheeling district and two to sixteen in the Philadelphia area. There still is extreme caution in replenishment buying, despite growing evidence of depletion of consumer stacks. This-hesitation is attributed to business uncertainty and the protection against price advances under the code, the magazine states. The industry principally is reliant upon the construction business, and this still is sustained by federal expenditure. Among the government sponsored projects is the 1.000-mile long and 100-mile wide shelter belt to extend from Canada to the Mexican border, which will call for the purchase of approximately 100.000 miles of wire fencing, consisting of 165.000 tons of steel, by the forest service of the department of agriculture. Operations in tin plate continue at a strong 40 per cent of capacity, being upheld by orders .from South America and the Orient, Iron Age asserts. Funds of the public works administration have been allocated to the Lehigh Valley railroad for the construction of 1,900 freight cars in its own shops and the purchase of three Diesel electric switching locomotives. Pennsylvania railroad is in the market for ten to fifty electric locomotives. Produce Markets Delivered in Indianapolis prices: Heavy hens, 14c; Leghorn hens. 9c; 1934 broilers, 2 lbs. and over, 14c; Leghorn broilers, l'/ 2 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. 21c. Quoted by the Wadley Company. (By United Press) CHICAGO. Sept. 14.—Eggs—Market, steady: receipts. 4.081 cases: extra firsts. 22'-c; fresh graded firsts. 22c; current re14c checks. No. 1. 17c.; No. 2. 14c; Butter —Market, teady; receipts. J 3.009 tubs; extra firsts (90-91% scorel. 23%®23%c: extras (92 score(. 24c; firsts ' 88-89'i score(. 22%® 23%c: seconds (86-87% score), 22c; specials. 24 %® 25c: standards. 24-Uc. Poultry—Market, tending lower; receipts. 38 trucks, 5 cars due: fryers, 14%®15%c: broilers. 16® 17c: geese. U%c; turkeys. 13 ®lsc: old roosters. 11c; ducks. 12®)16c; springers. Rock, 15%®16%c: hens. 13%® 16%c. Cheese—Twins. 12*, # 13c: Daisies, 13'4@13%c: Longhorns. 13%®13%c. Potatoes —Supply moderate: demand and trading slow: mraket steady on russets, weak on others; Wisconsin cobblers. $1.22%® 1.25: U. S. cobblers. $1.050 1.15; mixed red and white. $1.05; Pennsylvania cobblers. $1.35: Idaho russets, no sales reported. Arrivals. 100: on track. 262; shipments. 748. CLEVELAND, Sept. 14.—Butter—Market steady: extras. 28c lb., in tubs; standards, 28c. Eggs—Market steady; extra white. 24c. doz.: current receipts. 21c. Poultry (Live!—Market weak: fowl, colored, 4% lbs. and up. 19®20c: old roosters. 12c; around $2.25: New Jersey. $1.50. 100-lb. ducks, white. 5 lbs. and up. 16c. Potatoes —ldaho. $2.1502.35, 100-lb. bag; mostly bag. CHICAGO STORE SALES INCREASE IN AUGUST -J Department Houses Report Gain in Trade Last Month. HU Times Special CHICAGO, Sept. 14.—Value of department store sales in the Chicago federal reserve district, based on returns of 47 stores in 26 cities, rose 6 per cent in August from a year ago. The Chicago district equaled the Atlanta district’s gain, and was exceeded only by the Richmond area, where values of sales, according to the federal reserve board’s preliminary report, was 10 per cent greater than in August, 1933. Only district to show a decrease was Boston. New York, Cleveland, St. Louis and Minneapolis districts showed no changes from the preceding year. The index of the country as a whole, based on 19231925 average equaling 100. stood at 79 in August, compared with 73 in July and 74 in June, adjusted for seasonal variations.

Fourth Liberty Loan 4V4% Bonds (Called for payment October 15, 1931) The United States Treasury is offering to holders oi Fourth Liberty Loan 41i% Bonds, with numbers ending in 2 or 8, which have been.called for payment on October 15, 1934, the privilege of exchanging into an equivalent principal amount of Z f A% Treasury Notes, dated September 15, 1934, and due September 15, 1938. or into 3!iCe Treasury Bonds (Additional Issue) dated April 16, 1934, and due April 15, 1946 (callable on or after April 15, 1944). Investors effecting either of these exchanges will receive interest on the Fourth 4Us to October 15, 1934. We offer our facilities to effect these exchanges. Jletttier fnist (fompam) EVANS WOOLLEN, President H. F. CLIPPINGER, HAROLD B. THARP, Vice President Manager Bond Department

PkUffll JtOIPiB & (pOMBAWY 1 Jfirtestment Securities We are interested in the purchase of high grade INDIANA MUNICIPAL BONDS INDIANAPOLIS Continental Bldg. Riley 3321 NEW YORK SOUTH BEND MUNCIE

Cash Grain

INDIANAPOLIS —Sept. 13— The bids for car 10-s of grain at the j call of the Indianapolis Board of Trade, f. o b.. shipping point, basis 17% cents to river. Wheat—Steadv: No. 1 red. 95%®96%c: No. 2 red. 94%u95%c: No. 2 hard. 96% t 97 %c. Corn—Easv: No. 2 white. 78%#79%c: No. 2 white, 77%®78%c: No. 2 yellow. 74 : 75c: No. 3 vellow. 73 ) 74c: No. 2 mixed. 77%®73%c: No. 3 mixed. 71% 872%. Oats—Firm. HSv—Steadv. (P. o. b. country points taking 23%c or less rates to Cincinnati or Louisville). No. 1 timothy. $140.14 50. —lnspections Wheat—No 1 red. 1 car: No. 2 red. 4 cars; No. 3 red. 1 car; No. 1 mixed. 1 car: total. 8 cars. Corn—No. 1 white. 1 car: No. 2 white. 5 cars; No. 3 white. 2 cars; No. 5 white. 1 car: No. 1 vellow. 1 car; No. 2 vellow. 13 cars: No. 3 vellow 3 cars: total. 2t> cars. „ _ ... Oats—No. 1 white. 1 car: No. 2 white. 12 cars; No 3 white, 7 cars: total. 20 cars. Rve—No 2. 9 cars; total. 9 cars. Barley—No 2. 1 car: total. 1 car. Local Wagon Wheat City grain elevators are paying 94 cents for No. 2 soft red wheat. Other grade.' on their merits ißy United Pressi CHICAGO. Scot. 13—Cash ey* 1 ! 3 ; Wheat —No. 2 red. $1.07: No. 1 hard. $1.13 #1.13%: No. 2 mixed. $1.07® 1.10 CornNo. 1 mixed. 81c No. 1 vellow. 80 * i 81c: No. 2 vellow. 80 ,®Bl',c: No. 3 vellow. 80%®80%c: No. ' white. 86c: No._i "bite. 86c No. 5 white. 9c: samol ' ,6 u ‘ 'C- Oa’s No. 2 white. 58®58%c: No 3 white. 56 ®Y. >*' No 4 white. 52%®55c’ ‘■amn:e 54c. Bariev —87c x $1.32: nuotable 85c'i $1.32. Clover seed—sls.so® *0 T in J2' 2 h n —516.50® 18. Cash provisions—Lard. $9-30 loose. $9.45: leaf $10.50: bel.ies. 14. TOLEDO Scot 13.—Grain close: Grain in elevators, .ransit hilling Wheat—No. 2 red. $1.0701.08. Corn-No 2 '£“o*. 84%®85’c Oats—No. 2 white on 61%c Rve-No. 2. 84%®85%e. (Track prices 24%c rate.) Wheat—No. i red. si 0301.04: No. 2 red, $L020%.03. Corn No 2 vellow 80®80%c: No _3 vel.ow ;9 .■ '/80c No. 4 vMlow. 78 1 .• " #9 l _• c. Oats— No. 3 white. 58®58%c: No. 3 1 white. 56 <i I S7 , iC* No 4 white. 52 ‘. j 55c. • . • 54c ' Bariev—B7c ($1.32: Quotable. 85c , $1.32. Clover seed—:sls.so® 30. TimotO\ $16.500 18. Cash Provisions— Lavd. $9-30 loose. 9.45: leaf. $10.oO: bellies. 14. ST LOUIS. Sept. 13.—Cash grain: Wheat in fair demand, steady 10 . 7C / . ,o ''.^ r on red and He to %c lower on hard. No. 2 red slosoi 107: early. $1.0a% af No 1 hard $1.13%. Corn—ln fair demand 1 to I',c lower: No. 2 vellow. 82c: No 3 white. 84c. Oats—ln fair demand, lc. lower; No. 2 white. 59c; sample white. 55c. Births Girls Gray don and Ailccn Lower, I<so North and Goldie Duffy, 323 North H John°and Fredia Simpson 1423 Castle. Goeree and Maude Appleget, St. \inC<> Jesse h and Kathleen Matlock. 734 ProsP< oVto and Olga Faenzi. 446 South East Julius and Lena Zimmerman. Methodist hospital. Bovs Benjamin and Fern Tuttle. St. Vincent’s h °Thcr a dn and Ruth Kilander. St. Vincent’s and Mable Berry. 2208 Sherman dl Esl'el and Dorothy Roach. 850 Fletcher. Hubert and Edna Shriner. 2117 Sugar G ]lafph and Dorothea Benton. Methodist h °Davfd and Janet Stewart. Methodist hospital. ~ , Albert and Julia Wiggins. Methodist Carl and Mary Mack. Methodist hospital. Leo and Beurah Merz, Methodist hospital. Deaths Hervey Thomas Black. 44, of 822 Locke, chronic nephritis. . „ .. Edna E. Allnutt, 74, of 321 South Holmes, arteriosclerosis. Alice Elinor Dehnbostel. 1 mo.. 934 North Gladstone, acute nephritis. Clark H. Peck. 48. of 1703 North Delaware. coronary occlusion. Frank B. Coleman. 38. city hospital. tuberculosis. „ .. Chauncey. A. Street. 59. of 2621 North Alabama, cerebral hemorrhage. John N. Beck, 67. city hospital, carcinoma ~ ~ . . Clarence B. Feasey. 40. methodist hospital. encephalomyelitis. Ernest Fox. 45, city hospital, chronic mvocarditis. , Joe Mitchell Haynes. 22. Long hospital, lobar pneumonia. Phyllis Hayes. 2. city, hospital, dtphJohii D. Steinmeier. 71. Methodist hospital. brain concussion. Fredrick L. Carter, 67. Methodist hospital. apoplexy. . , , , George Blakely. 59. Veterans’ hospital, carcinoma. Plumbing Permits B. A. Wilson. 2255 Columbia, three fixtures. G. J. Sellmeyer, 116 North Illinois, eight fixtures. R. M. Cotton. 5559 Washington boulevard, three fixtures. F. Cross. 4129 Bvram. one fixture. F. Karstedt. 1525 Tabor, two fixtures. J. A. Wilson, 825 West Thirtieth, three fixtures. AUGUST BOOKINGS RISE Shipments of Baldwin Loco Total 81,735,000 in Month. Bp Times Special CHICAGO, Sept. 14. August bookings of the Baldwin Locomotive works and subsidiary companies amounted to $1,946,000, compared with $1,944,000 in July and $1,051,000 in August of 1933. Shipments during August totaled $1,735,000 against $1,209,000 in the preceding month and $834,000 in August, 1933. Unfilled orders at the end of August rose to $9,561,000 from $9,344,000 at the end of the previous month.

SEPT. IT, 1931

MAJOR GRAINS 1 DISPLAY FIRM TRADING RANGE

Corn, Oats and Rye Decline Fractionally; Foreign Prices Rise. BY HARMAN W. NICHOLS United Prr* Staff Correspondent CHICAGO. Sept. 14. Wheat prices at the opening of the Chicago Board of Trade today were steadied by relative firmness in foreign terminals. Other grains here took to the off side. Wheat started unchanged to cent higher, corn was unchanged to off % cent, oats were ’s to ‘g cent off and rye was unchanged to off % cent. Liverpool and Rotterdam reported rather firm markets at the start. Buying in wheat here, however, was light with most traders hanging to the sidelines to await developments. The trade was concerned with reports of sleet and snow in Canada, where harvest was said to have been tempararily halted. Chicago Futures Range —Sept. 14— Prev. Wheat— Hirh. Low. IP PO. Clof*. Srpt 1P 5% IP4 104 1P 5% Dec 1 P6 7 s 1.04% 1.05 1.06 Mav 1.07 1 05% 1 05*4 1 06% CornDor 78% .77 .77', .78% May 80% .78% .79 .80% Oats— Sept 54' 3 .53% .53*. 54% Dec 54% .53 .53% .54% May 54 .52’* .53'. .54% Rve— Sept 79% .78% .78*. .80% Dec .82*4 .81 \ .81*. 82% May .86 .84% .84% 86% BarleySept ... . .90 Dec 82% .82 .82 .85% May 86 . CHICAGO TRIMARY RECEIPTS 1 —Sept. 13Bushels Todav. Last Week. Wheat 700,000 721.00(1 Corn 725.000 514,000 Oats 170.000 244,000 LOCAL MILLING FIRM TO EXHIBIT IN EAST Evans Cos. to Display Troducts at Brewers Exposition. Corn products, one of the most important ingredients in the brewing of beer, will be exhibited by the Evans Milling Company, Indianapolis. at the nation's largest brewing exposition, to be held in New York during the week of Oct. 3, Evans officials announced today. For the first time in the history of brewing the entire industry will be united in New York for conventions, reunions and the third brewing exposition, which will be held in Grand Central Palace. The United States Brewers Association, the Master Brewers Association and the American Brewers also will hold their annual conventions in New York at the same time, it was announced.

WE BUY AND SELL: U. S. Govornmont Bond* U. S. Territorial and Insular Bond* Indiana Municipal and Gravel Road Bond* | Land Bank Bond* ' Home Owner*’ Loan Corporation Bond* ( Bonds and Stock* oi Indiana Corporation* l General Market Municipal and Corporation Bond* i Indianapolis Bond and Share Corporation 129 Eatl Marks! Slr—t Tsltphons Rllty 4551

Active Trading in , U. S. Government Securities Municipal Bonds Land Bank Bonds Gravel Road Bonds General Market Securities m Direct Private Wire to Principal Markets t |nvet(m*n> eurnl * t Pfaff 8 Hughes incorporated Chicago, Ft. Wayne, Evansville INDIANAPOLIS Illinois Bldg.. Lincoln 2565 __ BE SAFE WSt Insure Yonr Car Today jygßgjßgSjL —Foil Protection ?rSyi®State Automobile Insurance Ats’n. bi^STLTth^jrioor^OecidemaJJßlßj^ Moderate First Mortgage Loans on Improved Indianapolis Real Estate The Indianapolis Morris Plan Company Delaware and Ohio Sts. Rl-1536 t i 9l n ? B S tOUS rCO FT