Indianapolis Times, Indianapolis, Marion County, 28 August 1936 — Page 27

Finds Many Flaws| pAGE 2 ‘in Argument for Arms Making.

BY JOHN T. FLYNN YORK, Aug. 28.—Gen.

| William H. Tschappat, in an | oo BLD _ article in an Army journal, an- | nounces that the War Department i is opposed to the government tak- |

Ang over the manufacture of munitions. 23

Th 1 es ory 4 Federal Experts See Great

1 t. Here Se oreny 1; | Opportunities in Home Building Industry.

war comes we will have to depend upon private manufacturers to supply the bulk of our m u nitions. Therefore private industry .should be prepared to fulfill this mission, It can be prepared - Sad , only by making ‘Mr. Flynn munitions in : peace times. But. as it operates for profit, it must have markets when we are at peace or it will not operate. To . provide it with markets, therefore, ; the Army has always encouraged Government statistics indicate | munition makers to sell munitions | that housing construction offers to | : to foreign countries. Of course | the nation now the same ability -to | care must be taken to prevent the |lead the way to complete recovery manufacturers from divulging any | that the automobile industry pro- ! vitdl military secrets. : vided during the 1920-30 decade.

% 8 = Need 3,000,000 Units

T 1s to be presumed that the : Department of Commerce officials | {

Army did that in 1914 and 1918. . : 5 By selling munitions to the war- | ¢stimate conservatively that Amer- | i ica needs at least 3,000,000 new |

ring nations they succeeded in building up a tremendously effici- dwelling. units. Without regard to | the need for modernization, this]

ent munitions industry. But they represents a potential market of be-

BY MEADE MONROE United Press Staff Correspondent

WASHINGTON, Aug. 28. — The | L housing industry offers the greatest | potential market in history to a na- *# tion beating its way out of depres-! sion, government experts believe. The need for more and better housing facilities, and improvement and: modernization of existing dwel-:. lings, is so vast that economic leaders believe 4,000,000 to 5,006,000 men ' could be taken from employment rolls and kept at work for 10 years in this industry alone. ¢

SWINE MARKET GAINS UNEVENLY IN FEW GROUPS

Values Mostly Steady to 15 Cents Higher in Late : Trading. Price variations in the local hog

market today were very uneven. Values were steady to 15 cents high-

er. Weights above 250 and below |

160 pounds were steady.

The market was not established |

until nearly noon with the selling side persistently asking for higher prices than most buyers were willing to pay. Weights from 180 to 270 pounds were in strongest demand and brought $11.15 to $11.55. Swine averaging between 270 and 290 pounds sold at $10.95 to $11.25; the 200 to 300-pound droves were disposed of for $10.60 to $11.05; weights from 300 to 325 were salable for $10.35 to $10.95; the 325 to 350 group moved at $10.10 to $10.60 and those scaling 350 pounds up sold for $9.85 to $10.35.

Hog Receipts 5000 Among the lighter kinds, hogs between 160 and 180 pounds were salable at $10.25 to $11.20; pigs averaging 155 to 160 pounds were quoted at $10 to $11.15; droves

weighing from 130 to 155 pounds moved at $9.25 to $10.25, and. pigs between 100 and 130 pounds aver-

Week.

New Business Books : Available at Library

The following new business books now are available at the business branch of the Indianapolis Public Library:

HOT OIL THE PROBLEM OF PETROLEUM, by Samuel B. Pettengill. A member of Congress from Indiana, who served.on the Congressional Committee to Investigate the oil inlodged in this interesting and readable Book the conflicting views of the outstanding men in public and private life who have to deal with the petroleum industry.”

RETAIL ADVERTISING AND SALES PROMOTION, by C. M. Edwards and W. H. Howard.

“Retail advertising, £8 ceived and execu as the great selling Yorce in our retail stores.’ : WHOSE CONSTITUTION: AN INQUIRY INTO THE GENERAL WELFARE, by Henry A. Wallace. Can we manirest the spirit of unity in the name &f general welfare? Some say that the Constitution of he United States does not permit

ATION OF INDUSTRY TO SOUTH AMERICA, by Dudley M. Phelps. “The inigration of industry is not new i pital, business experience and Ingiiduals have for centuries crossed over national borders and started functionin Slsewhere. sa MOODY'S INDUSTRI 1986.

rly conly evolves

New Bond Issues

(By Lyons & Co.)

Allied Stores 4'4s ’'51 Arkansas Gas 4s '51 : Associated Telephone 4s '65 B & O 4'2s '39 Cal Oregon Power 4s '66 . Central Maine 4s '60 ... Central IIl 3's i) . gmey $ Gas 2 lee 3%s '66 . C & O 'E ‘96

Chicago De In 4s Chicago Un Station 32s 51 . Cleveland Tractor 5s '45 >... Columbus LI Shas 4s 33 raies Com Inves T Conn River Pr D . L 33%s '61. 105% Consolidated Oil 3'as 51 ren 13% Cudahy Pkg 3%s '55 ...... Cudahy Pkg 4s '50 3 Edison Illum Boston 32s

Ne to at the rate on about 560 every week. "Now it most a month to roll up that number. months the fewest firms failed since 1920. "—Business

In the first siz

$ -

PRODUCE be DECLINE BEFORE HEAVY SUPPLIES

Hot Weather and Vacation Season Found Reacting on Markets.

Times Special WASHINGTON, Aug. 28. — City _ produce markets in late August sti” were under: the influence of hou weather and the vacation season,

the Department of Agriculture said today in its weekly report on the

Midwestern area. Price trends were found inclined generally downward

under liberal supplies of most kinds. Rains in the central corn belt

‘brought great improvement in truck

crop conditions, especially carrots, beets, cabbage and late potatoes, the survey revealed. Supplies of Eastern grapes ine creased, the report sajd, with Michigan Champions selling at 15 to 17 cents for an 8-quart basket in Chi-

TL ; cago. Similar varieties were quoted

at 8 to 12-cents in the East. Cali-

fornia grapes were in large supply with prices declining.

Peach Market Steady

The peach market remained about steady in the Middle West for fruit shipped from Illinois, Michigan and other Northern producing sections. Southern peaches weakened. Elbertas from Arkansas and Illinois were selling at $225 to $250 a bushel.

also got us into war. In the one | great test of this policy, therefore, tween $12,000,000,000 and $15 ,000,- | oo 200:

: the result was a war, the expendi3s '46 # Michigan peaches sold in 11934, there -were 13,000,000 aged $8.75 to $9.50. Packing sow |Gen Motors Ae Gorn 3¥is '51..102% pe ! sales ranged from $8.25 to $9.50 with | Indianapolis Water 32s '66...101% Jowa South Urllivies 5's '50.. jes a top of $10. Kansas P LL 4 ; : Livestock receipts were estimated Jos Angeles. G & Bd io’ logs at 5000 hogs with 328 holdovers; 300 | McCrory Stores. 5s 51 ea | '6

Metro Ed 4 vei..108% cattle; 500 calves, and 700 sheep. MELIO & E Dr 45 '50 1... 105

® 1936. NFA

New York Stock Exchange Prices

Bureoughs Add . 27 26% JIC 161 152

Miscellaneous— Allis Chalmers . LH an

(By Thompson & MeBinnoH)

Receipts 4000

—Receipts 300— (550-900) Choe ei

Medium ~ ! Common cssssssns (900-1100) Choice

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Home o 88848

tore Stutz Motor Car of Amer Technicolor Inc .. Mueller Brass ... Sunray ....... ae

Investment Trusts (By Thomas D. Sheerin & Compa

Administered Pund 2d ...... 17.87 Affiltated Fund, Inc . 01 *American Business Shares . . Broad Street Invesung 7: a, to Bullock Fund Ltd Century Shares Trust Corp “AA” or “Accum” (Mod) Corp ‘“AA’ or “Acc” §0omoa) Corp Tr ust Shares (Orig). Diversif ed Trus Shares “pr. versified Trus Shares “C”.. versified Trus Shares “D*.. vidend Shares, Inc ..... ee

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Interstate Tel & Tel Silas’ Kokomo Water Works 5s '58 Morris 5 & 10 Stores 5s '50.. cie Water 2 Stks 5s "65 ... Noblesville H L P 6las '47.. io Tel Serve = ‘47 chmond W.-W 5s '57.. = mour Water Co 5s "4 “H Trac & L 5s '44

H Water Works 5s 56 T H Water Works 5s '49 EE Terminal Co 5s '57

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Last Expenses ..$ 910, To 1554 389, 84 $1, 195.093 ¢ 917. 3 Receipts .. 600.51 8,439.30 549 9,630.11 110.5 Deficit ... 310,236,9 393, | Gon hl ake ais eden sh res. ,694,947,3 ,641. West ‘Maryland | J . . Pub. debt .33,389.831 60,952.53 Spo Je oe To00 3 g0a1 : Cus , : 210 Ibs, $11@11. i: 170-190. ibs. Equipments— : i se xe Ig2 yj ems. 60,752,987; 81,231,007 | 10-110 Ibs, $9.50410: 100-140

LOCAL CASH MARKET LL City grain elevators are paying $1.04 for: No. 1 red wheat. Other grades on their merits. Cash corn, new No. 3 yellow, $1.06; oats, 36c. Hay—No. 1 timothy, $14.50@15; No.1 clover [email protected]; No. 1 alfalfa, first cutting, $14.50@15; second cutting, $16@17.

SHELL VOTES DIVIDEND CHICAGO, Aug. 28.—Directors of the Shell Union Qil Corp, have declared a dividend of $1.371%% a share on the 5% per cent cumulative convertible preferred stock, payable Oct. 1 to holders of record Sept. 10.

LAFA ket Sieady: lig ‘ai i Paty Sa Rho ieads®

© of thousands of men and the “complete upsetting of our social to $2 under good demand, the ree zation jobs ranging iri cost from $50 |- port said. dustry, but at what, a price to $2000. The Federal Housing Ad- ; , : But there is another aspect of and Showed ordinary quality fer g st lots, .it was found. Canners lling and lending to the allies. 3.000.000 of Hose 8 Tae cost slaughter classes. A few small lots NeTragenselt ‘Else Sus, 6. 103% #But what events dramatized the | Per Job of § nother 12,000,000 of steers were sold for $8.25 to $9.25. : quantities. Gas 5s Michigan Duchess appl e the point where it was willing to | those which have entered that cate- $4.50 and cutter grades brought $3 Oe Na ag: g ppies were go to war? The submarine cam- |BOrYy since FHA began its work. If d 3% in Chicago compared with 90 cents of better animals selling at $8 to|peon mallfod to $1 a week earlier. ’ The president of the largest [market of $6,000,000,000 exists in the $8 ; T : submarine manufacturers in [modernization field. 7, | Fat lambs were scarce and were PO eal, 55... ! ; Population Still Grows Noo oe The tomato market wi ried nition’s inquiry that practically ia Oils— High Low N.Y. better kinds selling for $9 to $9.75. | Santners Cal Gag 4s 85... * | showing a weaker gy got , every German submarine built de- | There are approximately 30,000,000 | Amerada 96% 96%; a1 | Am Mach & Fd Crown Cork Southern Kraft 43s 4 98 2 Cy under s : : 27%; a 271 ) tis Pub ye ’ ' _ ents. He swore that Germany had | Barnsaall a 18:0 Surtls Fu a $10. Slaughter sheep were steady. Wisconsin Gas & Elec 32s '66. 1032 9% |gan and Ohio. Production of a ’ * gotte B these designs from a sub- Every year one per cent of these | Consol Oil ..... a Eastman Rodak ATi Wisconsin Pub Serv 4s 61 ....104% 104%; | Ning tomatoes seemed likely to exbecome obsolete and unfit to be oc- Houston Jie) -. % 9% n : creased acreage and the good yields —sold to Austria before we went into “ h ; S k = : pe nl Pet C : C in the Far West. : the war. With those designs Ger- |dwelling units are needed every | phinips Bc; joer Diary Reg.. 25 cag 0 toc Ss West. Middle West crops Ys they were able to carry on the year to take care of increased popu-| pyre oil Reprinted From Late Times. Yestorday)| Foodee 2. 11a ds (By Atkins, Hamill & Sates) rev Scattered declines of 10 to 25 submarine campaign which brought DAILY BOND INDEX Am Sugar 61% Light Lights— Now Clg | gents were the rule in Eastern and needs 500,000 new homes a year to (1926 Average Equals +100) ATIOur oh pid. Ter ) Sood. nd choice. .$ [email protected] | jspestos, Mfg 3% X 5 , keep pace with housing needs. Inds Cal Packing Du : 160-160) Good and cholce.. [email protected] | Bastian-Blessing . ...11111010 143, | en Cobblers had been selling ,, 3 : 3 a @ - | Soday Can D Gin Ale.. 15% ti Medium [email protected] | BetfiCR were priced at $2.25 to $2. here. By encouraging the sale |during the 1920-30 decade. Then | Texas Corp .... 2 ae B18 : : : an i 0511.30 Cities SEIViCe +...peesessesnes Middle West. Bs i the ‘of submarines to foreign nations, ¢ Un Oil of Cal... 21 $7 / 88.9 1 113% : Bs vas 1930-35, mew home construction | geese. : ; nr: Shar on : : 22/307 1200220) ood and = [email protected] | SLC“ Rubber... Burb DE are mal, Re Tor their averaged only 16 per cent of the 9 (220-225) Good and choice.. [email protected] 13 urbanks sold at $3 to $3.25, and: . required amount. Families doubled | Beth Steel (Copyright, 1936, by Standard Statistics) ugar 3672 (250-290) Good and choice.. [email protected] | General Household ........... Ney Jo marines . : ? J 1 i Great Lakes Dredge .. > Isattulactur} I bm built | units were built during five years in | Inland Steel U. S. GOVERNMENT BONDS 3 331 (27 235 oy 2. Jarvis Mig = ng peace which 2,500,000 were needed ade- | Ludlum Steel. ) Go 3: Ken-Rad T & L Produce Markets But the submarines they sold to Re el Treagurrs ce (iy gon *s McGraw Electric for _stoe : ’ Many Shacks Inhabited Rep Ir & Steel. War Bak 8’ (100-140) dood and choice... Noblitt-Sparks . 2 | gathered in the country. while deliver 3 : S Fipe & Fdy. 34% a ores— nith =~... dae ei dseisn dre , eavy breed hens a Bagush ard American ships carTy~ US steel pid . 15918 i Assd Dry Goods. Sundstrand ceseese. 187 16c; under 5 Ibs. 13c: Peehans breed Ss homes are needed to return the na- [War Pipe & Fdy 29% 29 Gimbel Bros .... | over, 13c; Leghorn s Ww lied to excite our anger Mot snd over,’ 1c: old : as supplied to Motors— \ : : all guineas 11; 1bs. and u / and bring us into the war. Would least another 1,000,000 are needed to | Auburn (By Atkins, Hamill & Gates) Id cocks. 9c; No. 1 strictly ea are’ ey og Ee nttions eliminate slums, lift sharecroppers Seti Motors RX 3 deduction of 10 we had had no private m raham Mot Ny ? Am Cyanamid “‘B’ ....ee0000.. 3402 ao industry? shacks, and take care of housing |i.P grernunser 415 3 Bowe Liens : . Nas Am Superpowe Bony land before; we went into the war | needs caused by splitting up of large sare Ark Natural Gas ‘A’ (By United Press) / enabled our machine gun manufac- 105.16 ia BOERS 85% 2 85% % |» ? i movement. Carrier Corp : steady; receipts, 9460 cases:.{resh. gra ! Yellow Truck Creole Petroleum Corp ’ 2 78 | firsts, 22%c: exira firsts, 23c: dirties, 17c; dustry for making machine guns. Added to this is the fact that Motor Accessories— 104.28 Aviation— od 2 >" Z gin s ~ But they made English and French 103.26 | Boeing Aircraft. 29% Common, medium. Pord Motors on a A Butter—Market steady: 4 ie: 2129 one per cent a year, is increasingly erway Curt En, 8 9 Go08 30d choice . ubs: extra (92 score), 34% a0; extra firsts the war, an entirely new industry |TaPid. A great majority of the na- DOMESTIC Douglas Air -.... 73% Humble Oif Te 32%; specials, 347 0950, c; heen of 3 1 “* | Good . 50@ 5.50 ads c had to be built to make guns last 40 years. Within the next dec- “afl Alleg Corp 5s ’44 glose Sperry So wan 3 251 : Low cutter ana cutter . 3. 75 | Imperial oil of Canada 4a {car a rears receipts, f machine guns actually never: ade hundreds of thousands of |Elec|Auto Lite .. Alleg Corp 55 '49 Bulls, Sood 25@ 5. enum, Corp of Amer. is | Chickens, 15@18c; hens, 13@18%¢; tur (er o ? these will require either replacement a 3 Niagara Fydson Pwr. veeraes .e i h Po Air Reduction. 25 Ya Veal ag 12 d a 1 ‘delivered to our forces in France | major remodeling. P € Greyhound ‘B Am Tei & Tel 5) Yas 43 Al eauekis Ber Pernod cian 110 > roosters; 1312@14%¢; fryers, > a .$ 7.50@ 8.50 Segal Lock Chee — Twi ins, 181, @183%c: daisies, Stew Warner ... Atl Coast Line 45 "02 ........ Com Solvents... 11 Ye 8 ioe ~ 197, @18 5c: longhorns, 19%; @19V4¢ © guns. There are more ‘persons 14 years | Timken Roll Atl Coast Line 42s '64 .. Du Pont -159% : 4.00@ 6.50 There seem to be a lot of flaws Aten Top &'S Fed il Freeport Tox... 30% 9 ‘30% RN A op ining— : . PU sas ers, a nent. ., |other age group. As these youngsters AL ning , | am Rolling bul 4743 . ig Bal 1 350-300) Sood: and choles. 8.25¢ Furbanks, $0057 Waskinaon moc h ixht. 1936. N rvice. Ine. S B io Bs 89 . 8 ; . edium. urbanks, ; Washington Russet Bur- : joupyright, 1936. NFA Servite. approach majerity and marry, need Balt & Ohio 6s '95 Schenley Dist .. 46 46 46 Feeder and Stocker Cattle banks, $2.75; California White Rose, $28 ' NET SALES INCREASE Butt Koon & Pit 44s 57" Union Carbide. 96%, Com . ‘ei / m. and medi Simes Special : Make | Haste Slowly Beth Steel 4}4s 60 U S Ind Alcohol 33 (800-1050) Sood and Choice. . uilding Permits i 8 O . : Com , Ahg. 28.—Officials of Dome Mines Chi Milw & St P 5s 2000 CHICAGO g : The present problem of the Fed- | Granby Cleve Un Term 5s '13 Coty Inc rereaan Clarénce Wursten, 1015 N. Beyille-av, consolidatéd sales for the four eral government is to stimulate the Ins: Copper Col Gas 5s May; '52 / Len . SHEEP L s Boduer Construetion Co., 5960 Washing« nso. nt icke Col Gas 5s ‘61 5 i2 | Sterling Prod AND LAMB blvd, dwelling, weeks ended Aug. 15 of $4,812,646, : g . —Receipts, 700— Baie Deh ne. 42.2 | Sent Pac 55 ‘50 Financial— Le ’ posi, shed $210 © Co., - 630 Ogden-st, tive period. ernment offic i Phelps Dodge.... 4 : 4 ; : Adams Exp . ; Good i. .ecicriviiiinnni. i. 2 x para ye lals point out, would | st joe Lead ... 25 Ora: & Be Ah 18) 12 208 Allegheny Corp. 4 3% 3% IN. Medium heeeiaiiiUiu Marion Materials Co., 414 Dorman-st U S Smelters,.. 7 Am Int Corp . ; 12 wrecking. $100 ) 4 : ; ® | Chi & Nor West 43s "49... » | Transamerica .. 131; . rs. Er : L 0C l S. 2 ri ti @S | construction because of insufficiency Gam, Container Corp 6s RY cr irear 103% 32, T1.Sonid Corp, Go-170) Good ang choles... I 6379 Park-av, dwelling, ca CU of skil : rosley Radio . 4 .e a +O, ars-ay, dwe illed labor Fox Thea Del & Huds 4s '43 : Am Radiator ... 323 5 a Shgep and lamb quotations er a Investors ..... $3300; gara ge, 1421 E. Washingtonast, The following quotations do not repre- J v . Jhvessors Fund heating system, $400 sent actual bids or offerings, but merely | ulate and increase the housing con- Fas amount Grt Northern “G” 4s '46 Int Cem i 200; repairs $1 . Massachusetts Investors ..... 3 A aT IE 4 eshelman, 4050 Otterbein-st, ade ased on buying and selling ing Hud & Manhat Get 53 57.1. 801, | Otis : aifjon, $125, a year in 1946. Am Tob (B) . 28 <—Hogs—Receipts, | North Amer Tr Shs 1955 .... a $1000. Il Cent 5s '63 Jim Young, 426 44hat, electrical, $125. Phillip Morris Congoleum ..... 201; a 33 160723 Pp mare; Saply top. $11.45; bulk, electrical, Interntl Tel d& Tel ye 30. ; 3, | Proc & Gamble. oh 46 Prank nedking, 3837 E. 10th-st, elece high. The need, experts believe, is Alehison : ! Textiles— Killing classes steady to strong at week's Corp 100 75 114.25 1 advance; not of outstanding quality ware) un 5.50 , . yh , ‘ 4 h : : (By James B. % building a home rose from slightly | ¢n; wi Be ea 64 t 51 1 | 523% 521, Baw 82% | heifers at Bn ooh dull. unchanged: y Beanett & Co) Pre \more than $2000 in 1909 to about c i ’ ve 83 3 y . Bn 322 3215 cutter and low cutters active at week's ad- Wheat— High ‘Low 9:45a.m. - > . 1 pS, Joe, ieiuging, 20 REL creased from about $1600 to $675 fd 2 : ittle Killer WEST OTES RECOVER |_ con D3 = RS rshers pid i ¥ ; 2]. INDIANAPOLIS STATEMENT . : a Io ww £15 a STOCKS during the same period by use of | fif Northern pie 3 ¢ = » Bh Clearings Sep 100 Log Sane $5@7. fat sheep steady, $2.50@3. Oats— Fruit dV tables TREASURY STATEMENT WA 3 C AGO, Aug. 28. — Business Bet. v... 4% ruits an egetaolies tati bel bject h - {Quotations below subject to change, Portland Gen El Su '60...... 72% expenses and receipts for the current fiscal be.. $11. 30: 2507975 point since September, 1931, regisFRUITS —Pears—Bartletts, box, $3. Ba-|N Y Ont & West 5% roughs, a 350 stags, $7. calves, and WW 4l.s '56 aes The J in in per Water pid 5 03 23 in, $1.50; No. 1 Vir inia WinesaD . by Jex geieq 23 0. sian seedless, -per 1 $250. Peaches— creases in electric wer producElbertas, 2'2 in. bu. $3. Plums—Red, 4 po : tion, carloadings, and bank debits

- and economic life. The Army got Bartlett ‘pears sold in Michigan ministration has insured modernizaNew York Hdison 3!2s '66......102% Am Gas & GE arte Erie 5s Gen Asp Ame Market Street Invest Corp. ae . . : a . : 67 Grt ” *46 struction rate until America will be | Warner Bros .... 1314 I formem Ba Johns’ Manville’ 11124 Other Livestock on busing a: Mutual Investment Trust .... Tecen I ...1011% Ill Cent 43s Household— CHICA Lig & Myrs (B) losis 6000, Ga Cin directs; market un- | North Amer Tr Shs 1956 .... 2 Interboro Rapid Tesns 58 ernment hopes to overcome is that Revnolds T (B) 56% Kelvinator hes [email protected]; most 250-300 Interntl Tel & Tel 5s Servel Inc ..... 25% 25. 28% ai. Po past a SE trical to apply mass production technique Belding Hem ... 133 % 13% 33% offered; good Remana for ligh tweight 15 15.50 T Kayser Julius . 674 Y = . . . $4000 in 1934. In sharp contrast) the y 267% 26% 3 vance; bulls steady at $5.25 down: prac Sept. .... 1.11% 110% 1.107 9.75; little done on big killer accounts; : ra lambs unsold; early buvers resisti sv ennes S5Y 94 m production methods. K C Sou . ai highe: er ceding Ma. : 7 el Rail 3 Y com Jehigh Valley. 16% FORT YNE. Ind.., Aug. 28.—Hogs— 7 . (By United Press) Market 15¢ (higher. | 160-180 15s. 0.90: 1 volume in the far Western territory | Dec. ..... a are average wholesale prices being offered a t 1bs., $10.95; 300-350 Ibs. : 4 | Para Publix os "i year to Aug. 26, as compared with a year gE > : By fe : Joa z pa year (a5, an index figure of 75.4, a Bank | nanas—Se¢lected, Ib., Suc, pAPples-—No. 1 | Nor Pacific .... 273% 38.50; TE Shell Union Oil 328 '51 orth In Ind Pub ety ptd Stas. 292 in." $1.95. Lemons—-Sur kit 360 ih cent over June and 149 per cent basket crate, $2. Grapes—Seedless, 28-lb. were responsible for the advance.

ture of 33 billion dollars, the deaths the Benton Harbor district at $1.50 os requiring repairs or moderni- | ° an efficient private munitions inshipping sections at $1.10 a bushel his. What got us into the war? |Uon credits for approximately The cattle market was steady .on | Monon W P 42s '60 reported taking considerable war, aroused American wrath to | ouses still need repairing, counting Beef cows were disposed of at $4 to | Okla Natural Gas 4'zs '51 .... : uoted at 60 to 75 cents to $3.75. Vealers were steady, hulk | Peoples Gas Lite & : Coke 4s foi amid 3 Tents 8 bushel paign of Germany. these average $500 each, a potential Potomac El Power She 66 . : 2 ; Tomato Production Heavy America tesfified before the mu- 158% mostly 50 cents higher, the bulk of | Sagueney Power Als, Jel ‘an 4 ao uinn Caterpillar Trac. 142 A few strictly choice lambs brought | Southern Kraft 4s '46 . : : = 2h " 103% liberal arrivals from - pended on essential American pat- . dwelling units in the United States. | 4! Riz D & as Titinois, Michi egre a ne Wisconsin Pwr & Lite 4s '66.. 99%; Cont of Del ... 4 Y 30% 0 ceed last ‘marine built by his company and od. A : a A J ) ? 4 Bonds Siliette Le st year’s crop because of in » 1, | cupied. pproximately 0,000 mew | Ohio Oil . ’ Int Bus Mach 10854 many built craft so efficient that Plymouth Oil ... : ale Rem Rand 18% were found light. lation, The result is that America ; . Bo us into the war Arm 51% ’ 140-1 Advance Aluminum . veseeeees ... |Midwestern potato markets. East ' 20 0 [Borden Prod . Lj Jit wel hts— Sram [email protected] | Associated INVESLOS «veveeesss 11 47 ; tet ad around $2.50 a 100 pounds but lat ’ nt That average was maintained . . . ; . 13% po ut later PPLY the General's argume 8 Yesterday SLs 95: : c 119 i 19 18 = 33 Butler Brothers .......sssessss 11 came depression. For the five years | Jidewater Assn.. 16% ; Bhd ‘1 106. : 69% SEIU » teva 33 | Cord nes 1 0 Medium Wei Cra mostly steady at $3.25 to $3.50: Idaho our submarine manufacturers were : 34 : - 3 Pevion Ri cid Am Roll Mills ... 27% 4 Y, P s A Heavyweight ectric House csessssaren wares and hence were enabled {o : St A 5 : s eis 32 . (290-350) Good and choi 10.10@ 11.05 | Economical DIUE .....ecesses NOW Jersey varieties brought $1 10 up, and less than 500,000 dwelling . 33% 22 y : —e i 28 8 | PoEinE Sows". 2nd choice. 1 By Abbott, Proctor & Paine) da : : 3 as Ra { ’ rands 7 (425-45 up an efficient submarine industry. tly to hou oD Steel »... i quately to se the population. Nail Stee] Siaughter (The prices quotea are paid foreign nations were used to carry Vortex CUD -cricivrcernneneria in Indianapolis the price is a cent higher.) In other words, 2,000,000 mew US Allied Stores ~ Schwitzer Cummins -... eee hens, llc; colored Springers, 1a Jee. breed. ing munitions. Thus the occasion | . Youngstn S & T 80% 79% G1} x tee 00s: ‘9 {Gm Un Tea .... tion to the 1929 housing level. At k : : : New York Curb d 5c: geese. full feathered. ail C » we have been in the Great War if hrysier 1P. M. Each full case must weigh r : ts a and other poor farmers out of their | Hudson . One more fact. Selling to Eng- A Bs families as a result of the urban 80 hak Atlas Corp CHICAGO, Aug. 28. — Eggs —/ Market turers to build up an efficient in- ge Woolworth Elec Bond & Shar current, ipts. 201% the rate of obsolescence, now about Bendix 1033 2 2% 10-000), Soon, ME ore “Marke! To ry , Curtiss Wright. . =-900) Good and choice. . - machine guns. When we went into : g : Greenfield Tap & Die Corp.. 190-91", score), 33% @3312¢; firsts, 32@ A ania 1 ; he .| Nor Am Av ..... tion's homes were built during the E 2 3 , Prev fiysiate PF Poultry—Market unsettled: x - American design. The largest mak- 5. ducks, / 11@181zc; ping - Elec soe Jdte .. Ae aD i Chemicals— Cutter, com. and med. bulk... 4. 5.50 Not Bellas Hess Inc 15 @16 i broilers, 14'2@16c: Leghorn hens. Ce : : 2 # cave ; . Al 38, 5t Regis Paar Co more than a few ‘hundred such Poplation frends play a part, too. Murray Body: ... Arm & Co (Del) 4s ’55 . Am Com Alcohol 26% Good 2 and choice. oe 1.500 ce : Potatoes—Supp light; mand fair; V, 1 old in this country than in any Timken Det Axle Atch Top & S Fe 4! Lr Cale in the general's argument, Bliss Triumphs, $2. Toe Idaho Russe for new dwellings will increase. 1 3 5 8’ 84! , | Balt & Tex Gulf Sulph. 38% (500-800) Com. ana choice..$ 575@ ; 87 on track; shipments, 2 3 - Cerro De Pasco. 53. Chi Milw & St P 55 '75 . Drugs— . and medium. the National Tea Co. today reported Howe Sound '.... Cleve Un Term 4%s "71... residgnce, $200.. housing industry, but gradually. TOO | Kennecott Cop.. 47%2 Can Pac Perp Un Drug (new).. melia K, Eminch, “Jie 30 W. Washing against $4,297939 in the 1935 com- | rapid ‘an increase in building, gov- | Mote a = wrecking, boost prices too high: result in poor! © Chi & West Ind 4s’ '52 Common Maas a aye , p gh; p Vanadium s Emma Marrangophl, 853 Edgemont |. Fox Theater.. Se CE Building. ml, and medium. General Inyestors Trust...... lis Bond and Share Corp.) i : . Lindne {By Indianapolis Bon The hope is gradually to stim- | Ramis Corp ... | Erie 5s '67 Holland Furnace 3 s nt Maryland Pund Clarence roeion 1506 Naomi-st,’ garage, | Yndicate the approximate market leve 2 ; Grt Northern 4lzs ’77 Libby Owens Gls 66 % : building 1,000,000 new dwelling units| Tobaccos— Elev 27% BO aed Press) Nation-Wide Voting Cosiey, 38th-st and Road 61, elec BOND Ill Cent Jt 4s ° ; hoy 63.. One housing fault which the gov- | Lorilla Col Pal Peet ... sveniy to 20s fe than Thursday's aver- | North Tr Shs (Orig) .. Pike Realty Co. ew Jersey-st, Interntl H Shares ... oe" y Elec 6s? construction costs are relatively too | Rails— 75; ‘better grade, 140-160 1bs.. $9.75 Simmons Bed .. 37% 3% 3M attle— e—Receipts. 1500; calves, 500: all C h > - cago to housing. The average cost of i g Grain Futures Celanese Corp... 271, 27 27 26% | steers an one odd lot of light ] i ¢ tical top veal, $9. Dec. ..... 1.10% average cost of automobiles de- M oney and F Exchange b 9° Tsk; pls Water Co 3'zs ’ throwouts, $7 down: 25 cars Washington asking prices: native breedi id Times Special May ..... 90% .90%; pid 6s . 56 “al Lou Nash.... 897% 5s '42 102° v. | WASHINGTON, Aug. 28.—Government | 200 105. $11.05: 200-225 Ibs. 11.70" 2 d July reached the highest s : 140-160 to buyers local commission dealers.) N ¥ New Haven’ 33% Penn P & L 4 $9.90: 120-140 1bs., $9.40; 100-120 Ibs., t f America review said today. Maiden Blush, $1. 75: No. Duchess, Socon Vac 3ias fd . yg eos Co ‘pid ns Limes—Mexican, carton, 12s, 22%'z¢; i Per- 1 over July of 1935. Substantial inCo ) crate, $1.75.

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FALL TERM OPENING Aug. 31 to Sept. 8 a Jr eho pers, he ent

i Co MELONS-—Cantaloupes—Home-grown, H. Cp 5 ‘2 | B.s, No. 1s bu.. $1.25; home-grown, H. ‘Bs

; Tip Tops. $1.50. Watermelons—Missourt. 0 i Unlisted Stocks “VeorTiaLE Gon 45 Te dir oi ; (By Blyth & Co.)

YEGET LES—Beans—Round stringless, | Gen Elec . 12 NEW YORK STOCKS

{ United Drug 5s '53 U S Rubber 5s '47 ... NY NH & Hart 6s '48 NY NH & Hart 4'zs "67 Warner Bros 6s '39 x Western Mary BYos "TT ..veesYoungstown 8 & T 4s '61 .... Youngstown 8 T 35s ’61 .... Youngstown 8 T 3%%s '51 ..127

FOREIGN

Argentina A 6s '57 ........ Australia 4las a» saeaae . Brazil 8s ‘41

bu. .$2. Beets—Home-grown, doz., 30c.| Gen R R Siz... a 2 Carrots—Ohio, doz., 45c. Caulifiower—12s, Pulimen ing .... 26a a crate, $1.50. Celery—Michigan washed and | West Air Br 43% trimmed. doz. 60c. Cucumbers—Indiana | Westingh Elec. L140% bu., $1.50. Corn—Home-grown, doz., Utilities— Kale—Home-grown, bu., 6. Lettuce—Ice- Am & For Pw 67 berg, California, 5s, - $4.50; leaf, home- Am Pwr & Ln.. an | grown, 15-1b. basket, $1. Peppers—Man- AT&T . £les. home-grown bu. $1.75: peck bask Am Wat Wks. 11 doz., 25¢ Mint—Doz., 50c. Lol Gas & Elec. Northern’ yellow, 50-10. bag, $1.25. & So : ley—Home-grown, doz Peas—Western Tel, hamper, 3k 90. Potatoes—Eastern Cobblers, 100-1b. bag, $2.75. Sweet - : : Radishes Obl whit ST! 3 , { e. 0 ite, 2-doz. baskets 7 + FISE INSURANCE 3 : ii! SE Re 43. Turnips—New bulk. bu. Fire pir i a ; matoes—Home-grown, 10-lb. bascan

IN CORPORATED INVESTORS =an investment in common stocks—

Founded 1925 in Boston, Mass.

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Co bot oth Bre BIL N BID

Japan 6l%s ‘54 we

Rome 658 "B32 .......5..000sxs. 15 ‘sl 84

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“(By United Press) CHICAGO, .__28.—Apples—Duchess, Michigan, bu., 75¢@$1. ton JFotatoes— Louisiana Porto Bic 31.5 —Illinois. bunche Cob consin, 73-lb. rates, Ox a n, bu 50c@

Std Gas 7 Stone = Webster 3 Corp

Pulted orp 3 n s Ut Fo & id wp" | Western Union . Rubbers— Pirestone Goodrich

Indianapolis Bond and Share

£33

Awerivan National Bank

AT INDIANAPOLIS Member Federal Deposit Insurance Corporation /|

, bu. hampers. §1.35@ 5. I EE. —Michigan. square crates, 25@50c. : 7 market 50-1, Sackaj-atichists yellows,

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