Indianapolis Times, Indianapolis, Marion County, 25 September 1936 — Page 31

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| Trends

| Public Important in . Bus Regulation, Flynn Says.

Abreast.. of The

mes

Crude oil production

PAGE 30

FRIDAY, SEPTEMBER 25, 1936

590,450 barrels daily.

daily during the week ended Sept. 19 to a total of | 3,085,246 barrels daily. Oklahoma showed the largest increase, jumping 25,000 barrels daily, to a total. of |

ioreased 16, 507 barrels

BY JOHN T. FLYNN

EW YORK, Sept. 25.—The last Congress placed automotive highway traffic in interstate flelds under the control of the Interstate Commerce Commission. The railroads had fought for this Tor years.

They insisted that the busses and trucks were competitors of the roads, that the roads were subject 16 extensive Federal control, while 9 their rivals went free of it. When the act was passed Isuggested in this column that the public now faced ‘a series decision about its transportation pro blem. The highways, the trucks and the busses Mr. Flynn faced regulation. But in whose.interests were they to be regulated? An the interest of the railroads? - Or in the interest of public transportation? If the trucks and busses possessed advantages for the public at lower costs than the roads, the public should -be assured of getting those advantages. But there was a

disposition on the part of the

roads to wish that thé busses and trucks should be forced to charge the same rates as the roads regard‘less of the cost of service by these carriers. » ” Hn OW a new situation becomes acute. Many of the failroads * are in a scramble to get possession " of bus and truck routes. The question arises for the public and the Interstate Commerce Commission "at once—should the railroads be permitted to get control of these . competitors of theirs? Should the ‘development of bus and truck ‘transportation be brought under the dominion of an agency Which - may be interested in retarding that development? The railroads are using the holding company as a means of effecting their control of the highways. The American Contract and Trust Co., a huge trucking concern, Is only another name for the Pennsylvania Railroad, which controls it through its holding company, the Pennsylvania Co. The New York Central operates through the Carloading and Distributing Co., which is dominated by a subsibiary of the New York

Central. » ” ”

HE Van Sweringens through their network of holding companies dominate several trucking concerns. Much the same is true of all the large railroads. Now the roads, through these subsidiaries, are scouring the highways for more and wider control of trucks and busses. Presently, if this continues, indeed if it is not already so, the trucks will have fallen into the hands of the railroads. Store-door delivery by roads is. one thing. Domination of longhaul - trucks in direct competition with railroads is another, ‘The Interstate Commerce Commission can decide whether or not a railroad can own and operate a bus or truck line. Can it reach bus and truck line ownership by railroads where this is acconiplished through the device of a holding company If it can not, of course, it should be given that power without delay. And then, of course, the Interstate Com- - merce Commission will have to arrive at a policy in the interest of the public, not the interest of the railroad or truck owner, on whether railroads will be permitted to absorb this powerful competitor. (Copyright, 1936, by NEA Service, Inc.)

Fruits and Vegetables

(Quotations below, subject to change, are average wholesale prices being offered to buyers by local commission dealers.)

FRUITS—Pears — Michigan Bartletts, $2.50. Bananas—Selected, 1 1b., be. 1 Maiden Blush, 2% inches $1. 75; No. 1 Wealthy. 21; inches ups: No. 1 Va. Jonathans, 2% inches up, $1. ‘85. Lemons—sSunkist, 360s, $6.50. Limes —Mexican, carton, 13s, 22'2c Persian seedJess, per 100, $2.50. Peaches—Elbertas, 2% inches, bu.. $2.75. Plums—Italian prunes. 16-1b. lug, $1. Grapes—Michigan Concords, 4-qt. basket, 22%c ME ELONS_Cantaloupes — Home-grown, ; Honey Dews, yine ripened, 8s, $2.00. Watermelons—=iome grown, 25@30c. VEGETABLES—Beans—Round stringless, bu.. $3.50. Beets—Home-grown, doz., 25c. ‘Carrots—Ohiq, doz., 45c. Caulifiower—11s12s, crate, $1.50. Celery—Michigan Mammoth, washed and tr med, doz., 60c. Cucumbers—Home grown bu., $1. Corn— ‘Home-grown, doz.. 25@30c. Kale—Homebu., ST: Lettuce—Iceberg, Cali . Reb pers—Mangoe Ls ; peck basket, 40c; on X Soe, Onigns—Northern vellow, Pa Parsley—Home-grown, Pe Wetec Tel.,, hamper, Potatoes. - Eastern Cobblers, Potatoes —

. : a He oe “Turni ips—Bu., : , doz. Tomatoes— ome-grown, }2-bu. basket, 63¢; bu., $1.25.

0. United Press) Sept. 25.—Apples—Michigan Mcintosh, Ose $l. 35 Sweet potatoes— Jqaus $1.50. Carrots—Illi128 @3vsc. Spinach—Mich1.35. Toatoes—n ch- " dT Caulion, Sm 0. crates, ii giz —California, hampers, “4a —Michigan, square crates. 25@ market (30-15. sacks) Hinols ye 35 60c: Indiana Lo) chigan yellows, 50@€0c RE whites, 85@90c,

Produce Markets

ices Noted are paid for stock Pe Ba to untry, while delivered

a horn breed hens, 9c: pringers. ibs. 2nd over,12c; Bor. iz lbs to 4, 12c; bs. and over, 14¢; old ducks, geese, full jeath | guineas, 112 lbs. and 1 strictly fresh off, ch full case must y gh 55 Ibs. gross; a deduction of 10 cents a pound under 55 ibs. will be made. No. 1 butter, 3 @37c; No. 2, 3c. Buttertat, sic.

{Bv United Pret) Market ; aded Sn i 3 is hoe | BY : current receipts, 23'2c; checks, Fra receipts, Si ra

-91% score).

18@19¢: ens, 12@13':c; old

_ Twins, 18@18%c: Daisies, orns, id isc.

STEEL UPTURN CAUSES BOOM IN PITTSBURGH

Orders Pile Up as Demand for Skilled Labor Increases.

BY GILBERT LOVE Times Special Writer NEW YORK, Sept. 25. — Boom conditions, including an acute shortage of some types of skilled labor, piling up of orders, crowded streets, busy storese, long freight trains and great tows of barges on the rivers, have returned to Pittsburgh — the nation’s center of heavy industry. Business is nearly twice as good today as two years ago, the conservative Bureau of Busihess Research of the University of Pittsburgh reported. Figures for a recent week showed that total business in the Pittsburgh district was 98.7 per cent of normal, against an index of 51.9 for the same week two years ago. The 1923-25 period is used by the Bureau of Research as its index for “normal” activity, Big gains in steel production, coal output, railroad carloadings and department store sales contributed to

| the advance.

“Heavy” Industries Busy

Much of this increase is due to a pickup of the heavy goods industries, which previously lagged in the march toward recovery. A

steel output is of the “heavy” type —girders, rails, beams, wheels and

big machines—than in any other steel center. The volume of shipments originating in the district rose irom 87 to 90.5 per cent of normal early in September, the Bureau of Research reported. In July, the Monongahela River, along which are situated many mines and mills, carried more ton-

| nage than ‘was ever before carried

on any river in the world, and more than ever passed through the Panama Canal in a single month.

Labor Shortage Acute

Steel mills, employing more than they did in 1929, are suffering from a shortage of skilled men and in some instances ‘are falling behind in their orders. Mills are competing for labor. Along the narrow streets of the mill towns, flanked by stacks from which pour \ smoke and flame, crowds jam the sidewalks and stores. . Merchants report the best trade in many years. Industrial communities that were especially hard hit by the depression—mill towns like Homestead, Duquesne, Donora, Monessen and Braddock—look as they did in boom days. Relief rolls in Allegheny County, of which Pittsburgh is the county seat, are shrinking by about 500 families a week. ~

Chicago Stocks (Py Atkins, Hamill & Gates)

Prev. Close.

Advance Aluminum 4 9% Berghoff . Butler Brothers 12% Cities Service . 1 Commonwealth Edison ls 105% Consolidated Biscuit ...ee.e.n lg © 11Y Continental Steel ..... / al Economical Dru Electric Household General Household ...

Godchaux Sugar Great Lakes Katz D: en-Rad T & Li Lincoln Printing Loudon Patking McGraw Elect Nachman Spr Noblitt-Spa. Perfect Zenith Sundstrand

Local Securities

(By Indianapolis Bond and Share Corp.) The following quotations do not .epresent actual bids or offerings but merely indicate the approximate market level based on buying and selling inquiries or recent transactions. BONDS gaz and Tel (T H) 4Ys ’6l.. 105 HT 1 & Tel Ft W 3ias '43.. 1104 105 H Tel & & Tel Ft W 6 2 106 Tmdpis Railway Inc 8s '67. 672 69% Interstate Tel & Tel 5%ss $3. . 101%; Kokomo Water Works 5s 58.. : SE a

103%

STOCRS ABC Brewing Co. co Belt Railroads & Stk Yas’ com 57 Belt Railroad & Stk Yds pfd 56 Central Ind Power, Re 7s 2612 Wayne. 3h

Home Tel and Tel, sHook Drugs, Inc *Ind & Mich ES Co pid 7s. 108

Progress undry Co. Pub Serv Co of Ind pid 6s Pub Serv Co of Ind pfd Ts. . Southern Igd Gas & Terre Haute Elec Co Union Title CO «o.vev. vsniees *Ex-Dividend.

Unlisted Stocks

(By Blyth & Co.) NEW YORK STOCES

Bankers Trust Sontzal Hanover Chas Chemical . 66 mee al Chisago Seemann Ht ua ty ansans 359 ng 15% Men agturers 50% National City 41% First National Boston ? National Shawmut FIRE INSURANCE Aetna Fire Insurance American Ins of New York.. Baltimore American City of New York ..... eens

larger percentage of Pittsburgh's

other products for structures and

New York Stocks

Houston (

Phillips Pee Plymouth

Pu Seabpar:

Tidewater Un Oil of

Steels—

Otis Steel

Gen Moto Graham Hudson

Bendix

Elec Auto Elec Stor

Houdaille

Alaska Ju

Am Smelt, Anaconda

Park Utah

U 8 Smelt Vanadium

Loews Inc Radio Cor

RKO

Lorillard

Reyn Tob Rails—

Atchison au Cn

Gt Shi & Gi CMGS

Del Lac &

Erie ... Erie

Y New N Y Ont &

Am Brake

Westingh

Am & For Am Power

Consol Gas Elec Pwr

Int T Nat 2.8 Pac

Pebples Gi Pub Serv

Ut Pwr &

Firestone

Am Can Am Mach Brklyn M Junoughs A I Case

Crown Co

Eastman Foster

Foods— Amer Sug Armou Armas 6

: 693% rs pid. 120% M ,

Dela & a

en R Sig ullman Inc ... West Air Br 447

High. Low.

new). :

Mya Cont P Ohio Oil

et Oil

oil...

Shell Un he Skelley Oil 5%. Soc Vac

Asen . Cal...

Acme Steel Am Roll Mills. Ben Stes Bye AA

yers Fac Cruc Steel .... Inland Steel ....{ Ludlum Steel ... Mid Steel Natl Steel ......

2% . 18's . 41% 17% 12% 53%

Be qebaker « 137% Yellow Truck... 20%

Motor Access

29% . 43% i 701%

Lite. Bat.

Greyhound “BY.

Murray Body ... Stew Warner... Timken Roll .. . Timken Det Axle

Mining—

Nn eco

Am Metals .....

esas

Cal & Hecla -... Cerro De Pasco. .

Kennecott Cop.. McIntyre Mine. .

Phelps Dodge.. : St Joe Lead ....

ers ...

Amusements— Crosley Radio...

Peels

Paramount .

Warner Bros... Tobaccos— Am Sun Tob:

Philip Morris...

“B”.,.

81 Lines. 30%

ow 2: Ww pid 10%

t P pid 3% 48 Ww. Ff

pid 82Yg Gt Northern pid 3 I hei ey io ehig a ey Lou & Nash . #1

Haven & West

Nor Pacific Penn R R ,

io 9% West. Movisnd. ors Equipments—

Shoe. 6112

am gar Pa Pdy.. 50% 35%

8 «.: 45 . 61% Elec. 141%

Utilities—

Pwr. & Lit 12% 175

.. 25% & Elec 19% . 3%

343 & Lit. 15% 13% & Lit. 11% . 31%

Int Hydro Elec.. jnterboro RT.

aS ...s N J

Ys So Cal Edison.. 313 Std Gas 73%

Stone ® Webster 18%. United Corp ... 7% Un Gas mp - oa 15% t ‘A’ 3% Western Union . Rubbers—

Miseellancous— Allis Chalmers . 138

& Fdy "ia an Ba 57%

Sonia Can 1 Caterpillar Tract ti

Curtis Pub Deere & Co ...

Kodak 1

Wheeler . 3 %

Reg... Owens Bottle .. Rem Rand Underwood E .. Worthington P..

ar ..i4 53 % pid 80

Borden Prod oeih

Std ited

1 to sii 3

Fruit | Ward Bak “B" | Retail Stores Alied Stores ..

Assd Goo First Ri

af 30% 20% Stores 46% 346%

(By Thomson & McKinnen)

Noon

N.Y.

AEST RA BEARS sa rabany

= FEATS TDI et TOF bd ed Ed Sd Td ed ad ok A dy ERR ERE A ea eae

BI La ALWIL»

aban

a -

oF &

ht ad

BI wd Owed D903 OF =J US 8 Fa NNR aR

a-| Mohawk Carpet.

Gimbel Bros . 18%

. 20% 50 181% 14% . 17% 50% 921%

Douglas Air . Nor Am Av..... erry Corp . ited A New Chemicals— : Air Reduction... 78% Allied Chem 29

Am Com Alcohzl 27% gon Solvents «-2 10%

Do Tex ... 24% Math Alkali .... Monsanto Chem. 997% Natl Dis (new).. 30% Schen Dist .. 49%, Tex et Sulph. 3 Union Carbide.. 9834

Drugs— Brisk] | Myers “

i we Zonite Prod ... Financial—

Adams Exp ... Allegheny "corp Am Int Corp . Chesa Corp .... 84 Lehman Corp ... 108% Transamerica .. y 13% Building—-

Am Radiator ... 223, 7 22%, Gen Asphalt ... 24% .24Y 241; Holland “Furnace: 38 B7% 38 Int Cem | 5434 Johns Manvilie "119 118% Libby Owens Gls 692 6812 Otis Elev 27 Y 26% Household— fo Col Pal ‘Peet ... 15% 15 Kelvinator 19 a 19% n ; 23% Proc & Gamble. Servel Inc 25 25% Simmons Bed . 38

Textiles—

Amer Woolen ... A 7% Celanese Corp .. 262 Collins Alomar, 5512 Gotham Hose .. 10 0 .10 Indus Rayon ... 34 24%, = 24%

Kayser Julius .. 4% New York Curb (By Atkins, Hamill & Gates)

Alumina Co of America: ai mid ‘B’

| Am Cyna

Am Gas & Electric Am Gener Am dir . Ark Natural Gas ‘A’ ... Atlas Corp Catlin Corp Carrier Cor oe Creole Petroleum COID ...cse0. Elec Bond & Share Fisk Rubber 3 Ford Motors Canada ‘A’ Glen Alden (1) Greenfield Tap &. ‘Die. Corp . Gulf Oil of Penn Humble Oil & Refining Co ... International Vitamin Imperial Oil of a , Irving Air Chute Lake Shore Mine Long Island Lighting onsen meni \ Mead Johnso 0 04 Moly brenuls Oorp of Amer ... Mueller Brass ............. vor SN Niagara Hudson ‘Pwr Pennroad corp St Regis Pa;

Co Salt Creek teers Assn

5 Foy Stores Sterchi Brothers Stores Stutz Motor, Tubize Chatillon Corp

Investment Trusts

(By. Thomas D. Sheerin & Co.) " Bid

d Administered: Fund. 24: eo

Affiliated Fund, C. American Pang a Shares. . *Broad Street Investing Bullock Fund, Ltd Qentury Shares Trus Corp “AA” or ‘“‘Acc”’ (mod). Gorn “AA” or “Acc” (Unm) Corp Trust Sh (Orig) *Diversified Trus Sh ‘“‘B” Diversified Tr Sh “C’”’ . Diversified Tr Sh ‘D” . Dividend Shares, Inc ..

. General Investors Trust..

Incorporated Juyestors Investors Fund Am Market St Tavestinont Corp. 53: 05 Maryland Fund 86 Mass Investors 28. Mutual Investment Fund ... *Nation-Wide Voting N Amer LL Shs 1955 N Am Tr Shs 1956 N Am Tr Shs (Orig) Quarterly Income Shares. Selected Amer Shares, Inc. . ecte Amer Shares (Orig) t Cumulative Shares.

93 10.11 £ t Inc 5.3 State St Invest Cor Super Shares, Inc ( Trustee Am Bk B 1

[rustee Stand shares “A” Prustee Stand Oilshares “B” United Stand Oil *Ex-Dividend,

‘Money and Exchange INDIANAPOLIS STATEMENT Clearings i $2,273,000 Debit 6,519,000

1.24

TREASURY STATEMENT (By United Press)

WASHINGTON, Sept. 25.—Government expen nses and receipts for the current fisyear to Sept. 23, as Tolpared with a Soar ago: las

This Yea $1,548,007, 333. 39 $1,757, oss, 086. 12 1,082,355,620.91 964,121,388.72 465,651,712.48 2,244, om, 673.20 358.2 Pub. Dbt. 33,808,867, Bs 10 29,436,886.849.53 Gold Res. 10, 288. 467, joi 9,2173,219,120.37 Customs .. 1,950,4 90,049,709.64

Other Livestock

(By United Press)

Expenses. Receipts. . Deficit ... Cash Bal,

CHICAGO, - Sept 5. — Hog: pe 8000, including steady, spots stronger than average; unfinished: ight Pehure; Sows, weak : 200-250 most well Snishod best sows, $9.10. atte ~Recel pts 1500; calves, receipts, 500, Slaughter classes generaily steady in fairly aative week-end trade; medium weight steers, [email protected]; pore es absent; middle and lower rades ownward from $8.50 and $6 less for common grassers; most heifers under $7.50; plain grassers- Sone, at $308; few beef cows up to bulk si28as: cutter grades, $3@4; bulls and steady; outside sausage b ers largely $10@11; few select, Stockers and feeders dull at 25@50c de ec! Sheep—Receipts, 9000, “including 3500 direct; fat la stron 25¢

according kind; Jasabg Ing top, ‘11 1b,

1 a lambs, Ser STOCK INCREASE APPROVED CHICAGO, Sept. 25.—W. A. Patterson, president, United" Air Lines Transit Corp., announced today the company had been authorized to increase its shares of stock from 1,200,000 to 2,000,000. The new capital—about $3,800,000—is to go

into the new equipment and improvements, he said.

INCORPORATED INVESTORS =an invastment in common stocks—

Founded 1925 in Boston, Mass.

Prospectus, latest “qurtely ropert and other information available - our office’

Asked |

cline on all

9000 HOGS ON LOCAL MARKET; PRICE DECLINES

bs Receipts -Are Highest Since |¥

February; Cattle Steady. A run of 9000 hogs at the Indian-

apolis Union Stock Yards today was the largest since Feb. 11, when 9734

4 were received. The market was b+) steady to 15 cents lower on most 3

weights, packing sows selling 25 cents lower. Top was $10.10, paid

for weights between 190 and 280 |33

pounds. The cattle market was steady on all classes, and lambs were mostly 25 cents higher.

Local hog receipts today exceeded the usually larger Chicago market, where receipts were set at 8000. One hundred ninety to 280-pound hogs ranged from $9.85 to $10.10; 280 to 300-pounders sold from $9.65 to $9.95; 300 to 325-pounders, $9.40 to $9.75, and weights above 325 pounds ranged from $9.15 to $9.65. Lighter hogs ranged from $8 to $9.90. Weights between 160 and 190 pounds brought from $9.35 to $9.90; 155 to 160 pounders, $9.25 to $9.65; 130 to 155 pounders, $8.50 to $9.50,

and 100 to 130-pound weights sold

from $8 to $8.75.. Packing sows brought $8.25 to $9, top, $9.25.

Cattle Quality Poor

About half the run of 700 cattle were stockers and feeders. Killing

| cattle mostly were low grade she

stock. A few choice mixed yearlings sold for $9.50, odd head choice heifers bringing $9.25. Beef cows ranged from $4 to $4.75, cutter grades bringing $3 to $3.75. Vealers were mostly steady, the bulk

better grades selling from $10.50 to $11. Vealer receipts were 700. With lambs 25 cents up, the bulk better grade ewe and wether lambs moved at prices from $9 to $9.50. Slaughter sheep were steady, fat ewes selling for $2.25 to. $2.75, top $3. "Sheep receipts were 1500.

Other Livestock

(By na. Press)

a: |

398; 260- 50 200 $0. 200. 60; 160- . y 0.45: 140-160 Ibs. $8. 6005.85: 100-140 1bs., [email protected]; roughs, $8.50 down. Calves— $10 down. Lambs—$9 down.

stags, $6. 500. 20 oe

(By Times Special) LOUISVILLE, Sept. 25.—Cattle—Receipts, 450; very little Poi if of the better es slaughter classes of cattle; few small lots light yearlings to sell around $6.50@8; erwise receipts largely plain and lower stuff around $5.75 down; market around ay ath the weeks declasses; few butcher cows around $1 [email protected]; low cutters and cutters, 15 Receipts. 400; yealers fully steady and fairly active; few mo} re heavy calves offered early sales steady: %. vealers, $l; bulk, better grades, 0@ Jory little selling under $7; ow ey good hea 830 $7.50; others mostly around $5

ee s—Recei ts, 400; hog market not establps ed; int ications around 15c lower or $9.70 and dow Shan Recon 600; fat changed; early bulk weighs, [email protected]; ce $9. Receipts Thyrsds —Cattle, 592: calves, 338; hogs, 321; eep, 639. shipments Thiirsday-Catle, 266; P calves, 202; hogs, 168; sheep, 516 .

race butcher

lambs un-

TABULATOR COUNTS CARS Times Special : NEW YORK, Sept. 25 —International Business Machine Corp. has added to its list of merchandise an automatic recorder which will count and record the number of vehicles passing over a road every hour, it was announced today.

New York Bonds

(Reprinted From Late Times Yesterday) DAILY BOND INDEX

(1926 average equals 100) 20 20 Inds. Util Toda Yesterday Week ago .... 92. Month Big .. 91.5 ... 89.7 iol shit High - * B24 xNew SO oh

(Copyright, 1936, by Standard Statistics)

U. S. GOVERNMENT BONDS (by Abbott. Proctor & Paine)

Prev. close. 119

114 108.20 108.5

101.4 102.27 101.28

101.28 103.15

2%s 105 3s 1949 ........., 103.23 35. 1042-47 .eeseeeneionn. ..104.6 arene

DOMESTIC

Atl Coast Line 4'2s ’'64 Am Rolling Mills 4's 45 Balt & Ohio 5s hs s

Beth Steel as Chi Milw & St P

| Chi Milw & St P

Cent Pi . big Four 4%s 'MT......... Seon Big Four 5s ’63 Colorado & So 4!

Chesa Corp 5s Del Huds 4s ock 4s ’5

7 Grt Northern ‘G’ 4s '46 Grt Northern ‘H’ 4s '46 Grt Northern 4s ’77 Gen Stl Cast WW 5%s ’49 ... Hud & Rn et 5s '5T ..

| Lehigh Valley 4s 2

McKees & Rob 5s 50

Nickel Plate 42s 78 ...... Nickel Plate 5s '74 N Y Cent 5 100%

95 N_Y Cent Conv 118 118% Nor Pac 3s 2047 » 81% 81%

New a Issues

(By Lyons & Co.)

‘Allied Stores 5Ys, 81 oe... Arkansas Gas 4s | Amat Tiephone 4s 65...

B Yas Beth Steel ysis 66 Cal Oregon Power 4s '66 ...... Central Maine 4s ’66 . Central Ill 3's ’66 Cmcinnay Gas & E 34s "86. . C & O E 3%s '96

28 Chicago West In 4s Chicago Un Station Sn ’55 Cleveland Tractor 5s ’45 . Columbus Railway 4s '65 . Com Invest Tr 3's ’51 10 Conn River Pr D & L 3%s ’61. Consolidated on 3) las '51 9 Cudahy Pkg 3%s '55 Cudahy Pkg 4s 3's '65 Edison Tum Boston as '65. . Gen Motors Acc Corp 3s 46 ..1 Gen Motors Acc Corn 3's 51. Indianapolis Water 3%s ’66 ...10 owa South Utlitles 37s "66... Kansas P-L 42s ss 110 Los Angeles G % B 4s '70. Louisville G & E 32s "66. Lou & Nash G & E 4s Metro Ed 4s '65 Minn Gas & E Dr 4s Narragansett Elec 3las 66 ws N Y Chi St Louis a 48 1 New York Edison ae Okla Natural Sas 414s 51°. Okla Natural Gas 5s a Pacific Te 45s

104 %

Com. and medium.

Nor Pac 6s 2047 New Orleans Term 4s '55 Otis Steel 65 "41 ......... vee 102% Penn Ry 45 63 .....c.eves0..104%2 Penn Ry 4%s '84 .....e00....109 Penn Ry 4%s "81 ......c0s....109 ‘Penn RY 3348 'T0 c.cvveneeins 101% Pac G & E 5s '42 ......... ...1007% Portland Gen El 4!2s '60 . 18% Para Publix 6s '55 ......... oo 9TY Penn P & L 4's '81 Postal T Te a Cab 5s '53

Rem 4%s '56.. Shell Snion “oi 312s '51. Sou Pac 4129 '63

United Drug 5s ’53 U S Rubber 5s '4%... NY NH & Hart 6s '48.. Warner Bros 6s '39 Western Mary 5'as mys Youngstown 9 & T 4s ; Youngstown S & T 3%s 5% .1

FOREIGN

Argentina (A) 6s ’57 Australia 4!zs '56

99 16112 253%

; 33 vos 94 "100% 100% Poland 7s. rel Toon

Local Livestock nl HOGS ? Sept. Bulk, 19. 3 15@ 10.50 00sa10 25 10 05@ 10. 25 10 %@10. 33

9 Be 10. Ftd Light Lights— (140-160) Good and choice..$ 8.75 Medium 8.2 Lighiwel hts— (160-180) Good snd ve Ss

Mediu (180-200) Good and

Mediums Welghtom 1200-220) Good and (220-250) Good and choice.. Heavyweights— (250-290) Good and choice.. (290-350) Good and choice. Packing Sows— (275-350) Good ..... (350-425) Good . (425-450) Good (275-450) Medium Slaughter Pigs (100-140) Good and choice. Medium

sssense 4

wo» a — PO PHRDL OO OO WOLD : og =] moon

Hon oh MoI

“Immo VO Vo DOD LOW

SIN Saks Soe oo

3 ag

CATTLE —Receipts, 700— (550-900) Choice Good

POROORNOS HRD

C (900-1100) Choice .. Good .... Medium

C (1100-1300) G

M (1300-1500) G

(850-750) Cholce

Common, "medium. (750-900) Good and choice . ~~ Common, medium.

200000 ous SSS man

Common and medium .. Low cutter and cutter ... Bulls, good Cutter, com. and med. bulk...

Vealers —Receipts,

Good nd choice Mediu Cull and common

DW RO 3-1-3 oOowwL

700—

& 33 en PO 388

(250-500) Good and choice..$ 8.50 mon, medium 6.00

ech and Stocker Cattle (500-800) Good and choice..$ 6.

oo Sen co

4. (800-1050) good and choice.. 6. m. and med.... 4. Heifers— Good and choice 5

2 1 2 1 .0 Com. and medium 2

oa Sa on am on UOMO

5 5 5 5 0 5

0 69 039

SHEEP AND LAMBS —Receipts, 1500—

w33

MMOD Tho or RODD

Common ” . Ewes— (90-170) Sod and choice.. 333 3.00 m. and medium. 1.25@ 2.25 Bi (Sheep and lamb quotations on clipped asis.)

2883 S 8988

LOCAL CASH MARKET

City grain elevators are paying |

$1.10 for No. 1 red wheat. Other

‘grades on thelr merits. Cash corn,

new No. 3 yellow, $1;. oats, 36c Hay—No. 1 timothy, $14.50@15; No. 1 clover, $14@15; No. 1 alfalfa, first cutting, [email protected]; second cut-

ting, $16.50@ 17.50,

al ow SS

36 ELECTRICITY

OUTPUT REACHES ALL-TIME HIGH

{Production in Nine Months

Above 1932 Total Figures.

Times Special CHICAGO, Sept. 25.—Production of electricity in the United States which until June never had reached the two-billion kilowatt-hour a week

|level, last week bettered that mark

for the thirteenth time in 14 weeks. Total production for the indus

try throughout the country was 2,170,807,000 kilowatt hours for ihe week ended Sept. 19, according, to Edison Electric Institute statistics. It marked the fourth time: in the last five weeks that the 2,100,000, - 000 level had been surpassed, ‘the Labor Day ‘holiday week, ended Sept. 12, the exception. The record output last week ropresented an advance of 142224700 kilowatt hours over the 2,028,583,700 total for the preceding week this year, and marked a gain of 17.2 per cent above the 1,851,541,000 aggue=s (gate for the 1935 comparative. The ° | previous high was 2,135,598,000 Xil= owatt hours, made in the week eng= ed Aug. 29.

Full-Year Quiput Exceeded

As a result of the recork-breiks« ing pace maintained since the first of the year, production during the first nine months of the' current year, the current week being ¢iti« mated, is reported to have ex« ceeded the total for the full year of 1932. ; Further rise during the lafest week is credited to speeding tp of operations in the steel industry and general business improvement. The central industrial region and Sou'hern states led all other sections with advances of 19.5 per cent and 23.3 per cent respectively, over a year ago, the Pacific coast region trailing with a gain of 8.9 per cent, Early heavy movement of cotton, with consequent speeding up ‘of ginning operations reflected in fig= ures shown for the Southern states.

Chicago Grain Futures (By James E. Bennett & Co.) 9:45 A. M. 1.177% 1.161% 1.15%

i Prev, Hich., Low. 1.17% 1.15%

1.14%

Wheat— .

1. in 1.13 95 9014 90% 423% 4215

427 427 433 43%

857% 857 83's .833% 81's 81%

Building Permits

Chao Richter, 836 Greer-st, furnace, 1125 W. 33d-st, enlarge , rout, 1245-47 S. Relsner-st,

8279, D M. Schneider, 963 Tecumseh- ~st, Stoker, $249. sn: Pr, Coughlin, 4215 Broadway, stoker, ES Cushing, 2550 Broadway-st, er ai. J. Borst, 970 N. LaSalle-st, ©. Nodke, 4423 Park-av, stoker, 5270, Yt McCollum, 1649 Broadway, stoke er,

8215.

Mr. Jonnson, basement, Edward addition, Lo Riiey. 2630 Paris-st stoker,

stoke

stoker,

2. . A. Honeywell,. 2404 Broadway, sioker,

C. Hiller, 138 E. pn st, stoker, 2280, Coppock Bros., 1443 N. Meri dlan-st, stoker, $315. 2964 Talbott-av, stoker,

stoker,

F. P. Jaggers, $249 2956 Talbott-tv, Mrs. blvd, addition. $500. ssa « .H, Saldel, 5311 E. 10th-st, alterat! ons,

F. P. Jaggers, 24, John Wright, 4441 Washington ash Goal Co.. 1008 E. Michigan-st, ade dition, $15 T. R. Bohlinger, 1320 N. LaSallesst. ale terations, $50.

Pennsylvania Railroad's new Fall schedules present impor. tant improvements in running time between Indianapolis and the East. Look at these. fine trains — these new schedules:

To Washington THE AMERICAN (7 hours, 5 minutes) Lv. Indianapolis (C.S.T.)..

1:45 PM.

Ar. Washington (ES.T.)..... ..7:50 AM.

"SPIRIT OF ST. LOUIS"

_< Lv. Indianapolis (C.S.T. F.

To New York

4 blue ribbon trains daily over the 100 miles shorter route.

THE AMERICAN (16 hours, 55 Midutes) 1:45 P.M,

NEW LOW FARES

Go anywhere, anytime for 2c a mile

in coaches, 3c a mile in Pulimans. For example—from

Indianapolis fo: Gores "n :

New YORK “WASHING PHILADELPHIA

20.10 ~ 21.65

(16 hours, 7 minutes)

Lv. Indianapolis {CS.T.).... 42 Ar, Waslington (EST)... . 9:3

GOTHAM LIMITED (17 heurs, 5 minutes)

Lv. Indianapolis (C.S.T.}....11:00 P.M. Ar. Washington tf .... 5:08 P.M.

Ar. New York (ES.T.)

Ar. New York (EST.)........ 7:40 AM

“SPIRIT OF ST. LOUIS" (16 hours, 27 minutes)

Lv. Indianapolis (C.ST.).....4:28 P.M pas { 19:55 AM.

THE PENNSYLVANIA LIMITED

"Lv. Indianapolis (CS.T.).....8:40 P.M.

“Ar. Now York (EST). ......

5:15 P.M. | ' THE GOTHAM LIMITED

RE Rh