Indianapolis Times, Indianapolis, Marion County, 11 October 1937 — Page 13

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MONDAY, OCT. 11, 1937 THE INDIANAPOLIS TIMES — PAGE 13

HOGS ADVANGE Wheat Futures FD. 3, CANNOT MARKET HITS NEW NEW YORK STOCKS [WSS MANGE oF, Foo ORGAN

Wet , DOW-JONES STOCK AVERAGES : wet | lie Sa ov oan ole ~ Corn Ww eakens | Addressograph : 1 25 vv SRIERY ov ayes TTS Jog’ Unieh RE Wo a : = Ni a | Alaska Jun ... 2 2 oy | ‘Week ‘ge 2.18 sod Un Qil Cal .... 2 2 a cs

EE oi 47 2 PS B= Ta. 194.40; Tow, 148. le | United Sop, ol wh S$ 3 ; CL x Wheat prices on the Chicago 55 . Am x k 3 | Wigh, 193, 184.9: Yow. 1IS1L, {| Unhea Brus .. Jas . Weights Below 160 Pounds of Trade turned higher today on President Has Put Hands on Am ar & F P Ee | 20 RATLROADS : Un Gas mp 1 : . | Tepors of better foreign demand | ; . | Am om Alc ©. 3 Si: 13% 8 . mse ean d NW , Make Heaviest Gain for wheat. Highly Explosive Ideas,

| Saturday 8 Gypsum

Week ago .. 1043 —06%| U S Ind Ale ... 23 23 3 3 | At the start wheat was % to 3% |

B ra. & Am ide & L'.. 4 b Ex Lig ago “ dt aed 3 Loan » Of 40 Cents. ge: higher, corn was 's to 's cent | He Says. " g Kk d & ; | Year ago... ealty 6 6 Bo » | ower, and oats 4 cent lower to is | Sse ond Issues Drop as N. Y. Bonds 2 : ” High, 193%. 61.46; Tow, 31.2%. § Rubber... 31 s | SS cent higher A

RS Razor A | High, 1936, 59.89; Yow, 40.66 a . y disks Rel ies 5 ? It dn tI a COTES EES vi ule 9% - | Continued light receipts locally | Austria and Switzerland over the By JOHN T. FLYNN Cotton Futures BY wire’ Press i A Th Saturday Looe... 9260 Sag) Un Stores A LL. 2m 20 ' + "i and in other leading markets caused | Week-end purchased 1200,000 bushels | Ties Special Writer Tob | , hog prices to advance 25 to 40 cents | Of Russian wheat and a better de-| NEW YORK, Oct. 11.=One aspect

ND PRICE INDEXE m Tpe £ .. 8h 8 0 WR ED viva as 2382 0.24 BOND PRICE S Am Water W ©. + Month ago .... 20.30 <Jo.58! Vadsco Sales mand for Canadian wheat in the of the President's war speech in Ohi=

Q y Steady. ls tin. Bens | fro Bry Goods io % 10 3 | Year age .. co Honmy Rll, : ? 1, in Indianapolis today, according to| United Kingdom was reported. cago is getting attention. If he - Rais hi a Atchison 483, : : High, 198%, 37.54; Yow. 22.48. ‘|the Bureau of Agricultural Eco- Liverpool was very steady through- |weans by “concerted action” and bv BULLETIN a ® Wie Wis Sed Aviation Corp HEh. 36, 36.08) Jou, MW. Wabash ....... } 5% — 1 homies, out the Se Seine ih ils “international quarantine” against : Wl > 5 gol 14 y 3 oo 8 : : ir » and all futures [the war _ ; No YER Br ey SE ET pon SRY EE BT i saved co an 0, 8 Slane RT re =U. S. Steel Corp. common | OF (5 0 gy 109 wes | Barber Co oo) R* Br lal ate roa | et Cis 3h 31 a, | Weights from 160 to 300 pounds While| Corn prices weakened, probably / Rr ack a Sock SoM at 685 today, a NeW | yg igh ...... 950 1060 100.3 | Beth Steel |... 2. 80's 60° 3 year Wao : I Somanind om "a | weights below 160 pounds gained 40 [on the report that Rumania has ] should unite In ” 1 N ¢ a 2 ‘os thie aie eas x . 2 "vy . : Rc . bok "ue Year and 2% DOINGS | voz: Yow ....... B30 BE ay Black & Decker 33%, 23% 2 High, 1937, 69.64%; Tow, 48.14, Wilson & Co .. 6% " ",. |cents, Top rose to $11.50 on choice | Okayed exportation of 100000 tons PRCN, YM a definite combs ow Saturday's close, At 68% 193 high 9.8 ; of corn, 40.000 tons of which will nation to take

1062 100.2 | Bohn Al Br... 34 : High, 1936, 66.38; Tow, 51.20. BE the issue was 57% points below | 1936 Tow ...... 50.0 1035 933 Lod 3% 3 = | 210 to 225 pound butchers. Packing | ov poland. Trading was irregular, 5 § positive action

on : 3 ok . ‘ 3. 03.6 93.1 | S odds sae Yellow Tr 13 33 33 5 | i : ny high of 126%: reached a ig ST ot . 18s s ‘we |80 31% . lip. Young Sheet .. 0% 49° Nig DD Sold from $10 to $10.50, top on i a against the Ite hn March. nie : A ou b %N {smooth lightweights reaching $10.65. WAGON WHEAT WT alys, the Gers

| (Oo 7. Stai : i y ws 40 oh Net | (Copyright, 1937, Standard Statistics Co.) | High Low Last Change A i Budd Mfg 8 6 6 » Zonite vous : 3 - WY i | City grain elevators are paying for No. § - | Trading on vealers got off to an D Ted S3c. other Frades oh Their merits : manys, the Ja

NEW Y KR. Oc | r VORK ol | Budd Wheei ... 3% 3 Ys | Pe 4 4 4 vn . > ] : : X ORK, Oct. 11 (1 SEY WORE Oe Wm Ban anes | Butler Bros 10% 2 2 Fed Wat 8 A .. 8 2% 2% vn [early start this morning. Prices held | Gash ‘corn. new No. 2 yellow, 6le. Oats, Am pans, it will be 27

lower pen ’ 3 A 5 : , : ; P.).—The stock market de- Am T&T ls ovo 1008 4 | Boer Brey pr- 33a % | THRO Nv 6% Yen ¢ fully steady with Friday's average, | 27. i GT necessary to recs ; : ~ “1, | Byron Jackson. 18% 3% Y Good to choice vealers cashed from WINNIPEG WHEAT : ognize some very 3 |

clined fr ms , : : N ' : : fractions to more than any RIS aa ¥ ) wet Son one > - $11 to $11.50, with mediums gener- ROURIEE. veecrrcrviveren wD HE Change ; grim but simple

a point to new low ground | £orE Q2 cwen i 4 2 | caliahan Zine 20a 5 vv»v [Gen Cable... 13% 13'2 13 [ally at $9 to $10. May YY N10 Bee facts. Swaine OF 3 us TR - s 46 “ A “i | Canad Dry . 1474 = Gen Eiectrie .. : < 2 | Kill " 3 One of them since 1935 in active trading BI ee — [Case J. I. 200 Gen Foods .. r 33% 3 “ illers were again denied steers Mr. Flynn Is that Ttaly and S : X ’ - : - 3X i \ s that Italy anc

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. . Un Drug 5s CANAAN, von | Celanese vo 2D Gen Motors .. ’ | or yearlings of good or better grad- : or WN nN. . SH ; CL 2 Gen Refract .. 33'2 33'2 33% ) Nit : at . opening today. Ameri- | Warner Bros 6s mp £ * Jr|Gen Reap .. 3 3: Ba 4 NE Best Sere. on ORT Sonded i Corman) ahd can shares broke in London | 1 Order 1604 "St Ee 1 == : : around 1050 pounds, brought $10.50, Japan are hot biuling ey are in before the New Y K | Cur b b Stocks CIM PacP 5 Ih il [ome Brew on : = 3 Declines Noted Since June, with bulk from $7 to $10. Two loads deadly earnest. Therefore, if Pres. . I open | &hrysie BH 8 Po wh JuvUIICR wo BB : 2] 1 R tS |of heifers were being held at $10, ident Roosevelt is going to lead or ing. Bonds declined. Cotton | NEW YORK. Oct. 11.—Curb stocks | Clark Ba oo 3 12 ] — 3 | Granby ey oy ou epor hows. but most kinds were between $6 and | join a combination of nations to TSHR Nem Open Change | Com Credit — 3 [Glidden ris... 1-32 1 32 _ $8.50. Low cutter and cutter sows (check Ttaly, Germany and Japan,

A od on sl Nw N + owiaemne. oR ROR Vm ORR ‘held at $375 to $5 with grassy fat he too will have to be in deadly “ah Com Solvents - : y : J een 1 ; . i NEW YORK, Oct. 11 (U. P.).= | offerings at $550 to $6.50 and a few - — | carnest. No bluffing will do,

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A few exceptions to the decline | Asso G& comnw & So pf r 3X 2 | | Production and distribution of elec- | good cows upward to $7.50. Most | aided by talk of further purchases! El B Con Textile 2 2 Raves | & Con YY wy | St Regis . - BR ; . ' - Loews gained 3% to 68. Farm |§. Regis Qontajner | Holly Sug On Four Additional present course, are now ho longet Corn Prod ... - | Hupp Motor | rate in succeeding months, Dun & | with a higher fresh lamb trade at ures they have completely transe ties were stead Curtis Pub .... 4 | Indian Rei ¢ me enerally fro 8.50 to $9.50. | was unchecked at the end of Sep- ehiurh Generali ne : study concerning the character of { homie survival on war industries, of half-year production gains of 40 | propaganda machines to support all ——— ——— Del & Hud 201, 20'% @ Int M Marine to an average of 50 per cent, as «was widened today to include |With the force of doom in the die 1; Illinois Central 13%: T Kodak pi vey, 164 164

Cities Sery Cons Edis ! y { By y y ip ‘gt N J ne - En | Hayes Bdy | trical supplies, after establishing | Sausage bulls cleared at $550 to Exchange Asks Wiormalion ever may have been their first ins Container ] new peaks in the first half of the | Lisi ts OF Yaris Touaily © : i shares and a few other issues| Un Gas Cont Can 3 : : +. "Houston ‘Oil PHL YSIS OI nis at liberty to turn back. In the very Steels again were heavy losses BEY iia) x : Sa H YO . . eS ——— \ Motor issues receded fractionaliv. ane Co. «..vv 83% 33% 31% i ma. y | Bradstreet, Inc., said today [Sistem wae, Sa ive prives. ” - formed their societies They hava HA ME 31, 13% 13% -— ("| The decline in new orders to . oholee ene nC vetlel]! NEw YORK, Oct. 11 (U. P). = pyilt them on war activities, They 9 9 ¢ - ‘tise W - Ind Rayon U. S. Steel A 1500 shares at | Curt: 1g : 1s | 1 : i | | Curtiss=W A. - { nland Sti : | . s I | 697, off 1'¢; Bethlehem 60's, of | Cutler-Ham ... 541: S41; 54% 0 Inspiratn | | tember,” the review added. “Instead | Siughter wes Yemaineg unehnnge "| They have created military and 1's; Youngstown Sheet & Tube | pp Inter ‘Iron : DLS : sl 4 | to 80 per cent over 1936, the rise | $4 top for choice lightweight lang g5-—a period in Which security Fist And all these forces have gens Jersey 521s, off 13%; Kennecott 40%, | P hac & W ... 10 10 | Int Nickel P& { . ‘ | more factories postponed expansion | Receibls | <tpoks of the American Telephone rection they are now going, American Can 96, off 1, wir New East 4 4 ev nes © 4000 | * 3 ep 1 1 { Months of 1937 as Com- Elec Boa (= Ts s | a | - | | |

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futures were steady. Ark Nat Gas EA Commonw & So Greyhound Cp included aviation shares which were | Eagle Pit Lead | Ttaly, Germany and Japan, what= Cons Oil “ : aes ie Prod of planes bv the Government Pantepec Oil \ tentions when they set out on their : | year, proceeded at a greatly reduced | opened at the previous close EAE Cont Ou: Del . 2 33°2 { Hudson Motor. . well as at other markets, coupled Issues. act of preparing for war-like meas= Most rails Oi losses Utili~ | Cuba Co “eo “wv 11 Central... ' manufacturers that started in June, | lambs went at $1050 to $11, with The New York Stock Exchange's | have established their existing ecos | as compared with last week's close, | the stock market between Sept, 93, off 1; Standard Oil of New | | Deere & Co ... 8% 97 ¢ «voy | Int Hyd El A | descriptions for the nine months was shortened . Bo values tumbled almost $10,000,000,000 | erated an energy which drives them off 1%; International Nic . er oft Douglas Air ... 40 40 : ( Int Pp : °% Gains Narrow for First Nine in B & B pi: [plans and new building work a; . op 3 : . g . York Central 231':, off 12 Elec Pon ®t a" 13 . 500 | & Telegraph Co, General Motors Be Prepared 281% | Johns-Man

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ing with prices coming up slightly en C8 \ 1 els an ou p from initial levels. Ro er Teh Ik

a WASHINGTON, Oct. 11 (U. BP) — TRADERS. CONSIDER | Kelsey Haves B 1 oday’s Business Production, shipments and new busi- | Re & (said. As a result, volume was but | (140-160) Good and eee 00 | States Steel Corp. as a “guinea | which may happen. England and 10 to 40 per cent ahead of the 1936 | Light eights pig,” explaining that the issue had | France recognize this and are now

3 ness booked by the lumber industry | Kresge 8 S a3 ‘ y | [Rigor be : - nj ‘os as { (160-180) Good and choice... 11 t. © di d be- nine-month figures, in contrast to oa 10.72 ’ : iuih : ; . eat At a Glance [00 Sie Spied On DPe | a spread of 30 to 75 per cent in the | (180-200 Good ana ‘choice 111s been chosen because of its activity | driving With frantic haste to the 11% 11

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| lected common stock of the United | had better be prepared for anything

- “TOD UD re uy

| Two weeks ago the exchange se-| against these desperate nations they Aight Lig! | |

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| p 1% ‘0 spondin 936 week Libby Me & L. ¢ ‘ | fullest measure of military prepara= GENERAL BUSINESS w We corre soph frie L-O-F Glass 53 5: 53 half-year comparison, although re | (210-225) td choice. . and the fact that it was representa- tion within their power, > a harrowing ali gain Loft, Ine 1% 1% | placements for the Christmas sea= | (220-250) Good and choice.. . tive of stocks listed on the exchange | gent Roosevelt wants to join up in R. L. Pouk & Co. September new | months this year compared with jast ‘Growers Withhold Large | ione star Gem 3m son may widen their gains in the | Fou et Good and choice. . Hol Shis movement he tov dust be passenger car sales in U.S. esti- year, the National Lumber Manufac- vediliga. : | fourth quarter. (200.350) Good and choice. as a Whole. realistic. He had better make up mated at 220.000 units, vs. 300.414 in | turers Association reported today. Ginnings From Market. | ‘Ma ok Tr Even the most optimistic trade ra nh 500) Ot pod v 5047 10.65 The exchange in the U, 8. Steel his mind to be prepared to lead 47 states reporting in August and| It was only the second time this | m— | Marshall Fi estimates, however, do not place | !'330-425) Good ... aoe1n98 | study asked members to furnish the the American people presently in a 208.896 in entire U. S. year ago; new vear that production fell below the | { Martin Gl KITV a .

in | 1425-530) Good ! 9: p : 3 WW , «5 i v's 9.25@10.¢ ai & A y " » i xy truck and commercial car sales 50.- [1836 week, but the seventh consecu- NEW YORK, Oct. 11 (U. P).— | | MERes"R Rows 2 1937 wholesale volume at more than | (273.550) Medium .... bal business conduct committee with | gigantic program of military and cLellan St

40 per cent over last year, according | Slajghter Pigs wn TO i orm . . , separedness. To stand at 000 units, vs. 58681 in August and tive weekly decline below 1936 for Cotton market traders have been guste = Pp | 7 (100-140) Good and choice . 9.757107 | information regarding all transac- | haval preparedness S 54.611 vear ago. shipments and the ninth consecutive | | giving increasing consideration to | | Mident Pet

to the review. This increase would Medium + [email protected] | ” : the crossways of the world and hurl for Hew Or Minn. Moline lift 1937 sales to $660.000.000, com- CATTLE tions in the issue, including full and denunciations at other powers, hows 3 PM Si CORPORATION NEWS jAifavgtae CoRR NO | the fact that the Government has Mo-X

Mo-K To nt pared with Ha 231,400 a vear ago. | Receipts, 1300 odd lot purchases, sales, receipt of ever just those denunciations may x

Steers { \ 4 ; ; shares into accounts, deliveries of | he, to demand action against them Nashville, Chattanooga & St.| my ePo at in | established a loan program for the Mont Ward shat ) \ ) It b TR | shares from accounts and transfers| would be the act of a mad man if

1550-000) Choice vives 312.5049016.55 | Louis Railway Co. first eight {he week ended Oct. 2 the industry [current crop with rates ranging he oy + Jz Li.i8 ; ® : Medium vas 330410 00 ‘ he did not propose to support his months’ net income $53,652, equal 10 stood at 70 per cent of the 1929 | NFER Nash-Kelv .... IL DI ol IONS Common 5.506 8.00 | between accounts. In its latest re- . 21 cents a share, vs. net loss $200.87) | weekly average of production and 65 from 6 to 9 ‘cents Tor various quali- | Nat Sijcuit .. 2 1 e-TIv Ghote coe TARGET 20 | quest, sent to member firms Satur | ls with adequate preparation for year ago |per cent of average 1920 shipments. | tes, and that a large portioh of | nai Distillers Medium | 800 11.75 day, the Exchange asked for similar | W8 , i» New York Telephone Co. first| The 512 mills reporting, 10 per | the crop now is selling below loan | Ni (E1005 R00 nn Bn), S:30@ 2.50 information regarding the four ad- No President, however, can cary eight months net operating income | cant less than the 569 in the preced- | values. [Nar Steel | Good CUUAnTe woo | ditional stocks, except that odd lots out such a program without the $24.427304, vs. $24.424591 year ago. |ing week, had output of 233.843.0M0 | . | Newport” tnd (1300-1500) Medium veo BOG 130 | were excluded from the question. | Whole-hearted support of the peos Remington Rand, Inc. September | ge | As a consequence, southern grow. | xy wi & H ; 8.004 ” ple. And the President, having et of hardwoods and softwood: RW 2 : : : Good 12.25@ 16.00 | naire. sales $4.100.000, vs. $3600000 year |.pmbined, against 263.434.000 a week | ers are withholding from the market | 5 Xnb ‘ Agriculture, Public Relations The notice disclosed that the ex- biti gre ne UR ara, ago, up 12 per cent. earlier, & decline of 11 per cent. 'a large part of their ginnings, and | No Am Av Ya | : . (350-730) Choice ........... [email protected] | ghange wiready has received all] the ourts without havin e naAmong Major Subjects. | Common 200 10.50 | data it requested from members rel- | tion behind him, would do well to

R. C. A. Communications, Inc.| Shipments totaled 212,787.000 feet |it is believed that uniess prices ad- | Common . 5.50 10.50 l (750-800) Good and choice . 10.50@ 14.75 | ative to the study of U. 8. Steel make sure that he does not set

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2 Rv e | — = Ts NC Ye a "50. 242.000, s oe ion ee . gy cn ped LUE CREE LR » | BYSTOR, "Oct. Yi- Tiree special. | ial not indicated whether the results| People are not willing to follow 28, VS. 3110851 ye 0 S g0 into the loan hat would re- | ha ; | rood TE 56 8.2! ) e her the results ‘ Ea Schiff Co., September sales $1,- of 3 per cent. The week's production | quce substantially the offerings in | Pacific Lie .. (0, [ized meetings on agriculture, cus- | Common, medium ER $50 | of its study will be issued for gen There can be no doubt that Amers

> ; tt d cutter ........ 3.78@ 5. on TY AIBN 204.982, vs. $1031982 year agd, Ub was 10 per cent in excess of ship-|private merchandise channels. Packard... [tomer and public relations and |. Cer nde tas eral consumption. feans are profoundly interested in

S 2 tam og .. | the preservation of peace. Unless 16.5 per cent; nine months $9,498,217. | ments and 15 per cent greater than | The market thus is attempting to | Para Pic 3 pf |clearing house problems will fea- | Good (been) 7.006 It is understood that the ex He 10) won on El a vs. $8.920.13¢ year ago, up 63 Per new orders. appraise conflicting effects of a | penney [ture the annual convention of the | or common and medium. . 5.00 change study was inspired by the| the: x . cent. Year-to-date production was re- world supply much above probable | Denn R R | : Vealers desire of its officials to attempt to| are also deeply suspicious of the American Securities Co., Sept. 30 ported 7 per cent over the gore | sonsumption and of the probable Pieife Brew | American Bankers Association, Receipts, 500-« determine causes for the market | theory that the way to make peace net asset value $824 a common sponding 1936 week, shipments 8 | giversion of a substantial propor- | Dhillips Pel opening today and continuing | §hon, md choice A laa | break in Septemberthe fifth larg- | 15 to go to war. Tt would take many, share, vs. $19.37 en Dec. 31 and per cent above and new orders only | h | Pitts United ¥s [pas , , Cull and medium ............ 6.00@ f est decline ih history. many months, perhaps years, of Sl. 84 ven nego 1 'per ‘cont greater than ‘in ‘the first | tion of the supply from distributive Boor Bo o 5 | through Thursday. ites Although there has been persist. | intensive propaganda and artfully wiv. ear : 3 p rkets. | Press St ar 2 ing , ) } ! ; sigt- a : A R Bridegport Machine Co., first nine [nine months last vear. Shipments | oe roduction of cotton this | Proct or & G ve Rudolf S. Hecht, chairman of the | s.500 Good and choice 830a1150 | ent rumors that the exchange | contrived emotional appeals to rouse months profit before income taxes were 1 per cent below production for | p Pore on lr 333. 18s. — 's Hibernia National Bank, New Or- omimon, medium 5506 850 10 nehed its study following a “sur-| the American people behind an o | season is indicated, on the basis of | Fure Oi dh Na . Feeder and Stocker Cattle " : aggressive international ‘ORY $586,492, vs, $349,581 vear ago. (the period and new business 8 POT | jracant estimates, around 37.500.000 | leans and former president of the Steers prise” investigation by the Secur-| 88 ” RS 1 program Century Shares Trust, liquidating cent below Blt Sousa. bales, or about 6.400.000 bales above | : 8" 8 | association, will preside at a “clinic” | (500-800) Good and choice . 8.004 |ities & Exchange Commission in with Ny Hervant of war beyond. The value of each participating share | world usage last year. Some ote ha : 3 oh constructive customer relations on| (800-1050) God and ehoice . 8.004 SO A Th xveiohie pg " life will out ot was $22.58 on Sept. 30, vs. $26.76 on v : » Et 3 : n ante 2 ’ a ? \ ¥ i {800-1050) Good and choice aa 12.60 | the exchange nor the SEC have | &D 8 cruelties wi e applaude . : ” INVESTING : 00S | believe consumption this season will | Roby ie, 8 . Monday ‘evening. ‘Henry J. Steaps, |, Common, medium .......... 6.00@ confirmed the reports. by everyone. But beyond that he

. 31 and $26.05 year ago. ) : Dec. 31 and (By the N. Y. Security Dealers Assoctution’ | | not attain the record proportions | Ritter Dent .. ; president of the Bank of Baraboo, | Good and choice Toon . iN a Jevana Wi { Hh H80@

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oners Sapital Corp. Sept. 30 : | General Capita I p Bid Bid Ask | preached in 1936-37 because of a fall- Wis, will outline the program un- Wl and medium HOS DW iS nis Mpos f ve a1

Ask t asset value $3580 a share, vs. |agm ras? 13 80 14 ¥ Ins Grp 1.32 14% , a n ’ vi | 043 84 on Dec. 31 and $41.42 year &go. | AIL Fa 7 6.35Invest Bank Corns. | ing off in domestic consumption and Be 2h : ; : dertaken by the bankers in that| Good 5.900 tainly to be hoped that he plans no yi "TDENDS : : Am Sus %4 wn Ban Blair 687 187! the uncertain Japanese situation. | Scavd Air bL pt : oy state to improve relations with cus. Common hs main - Hg surprises in this field. DIVIDENDS As Std Of) 6.00 6.87 I 1 C1129 11.98 Other experts look for a new record | Stars Roebuck 5 = ho. [tomers and the public. gos 5g Hg SEUSS ———————"

sbi A . x p y 2 2 | Shell Un Oil .. " RBA . ‘Wa Sh Distillers Corp.-Seagrams, Ltd. Bas Ind Ba os Nehn, $6.14 28.52 32 because of price cheapness of the | Simmons: I 0 2 ¢ wn Other speakers at this “clinic” | yamys LOCAI ISSUES regular quarterly $1.25 on preferred, Broad St 26.48 D 1 18.36 N. 02 staple and its ample supply. Smith A © 1 31Y Rv will be Jesse F. Wood, vice president | Choice EEE ERY 0 Saat % 4d 4 LU « "0 3 R o W » 2 oy PARLE RARE RENAE {4 payable Nov. 1 record Oct, 20, Suli i >. ! 12.7 BR Cun : : ‘ ig ol the State-Planters Bank and Medium CR 804010.00 (By Indianapolis Bond & Share Corp.) rake Re , I QUAar- A - | © “'d ry 3 ie ¢ ’ C rere wees | DBO 5.80 a. The following quotations do not repres S. H. Kress & Co. regula qu | Sent, Tr 8 haa BROKERS’ OPINION | So Cul Ba hy 3 la - Trust Co., Richmond, Va, and Ray Bio Hi y 1 sent motual bids or offerings But merely terly 40 cents on common, payable Cons Fas A 5.50 Ma In Tr iA | gRuth Ry : ” a A. Tllg, vice president of the Nation- 190-175) Ctood and choice... 3.006 3.50 Consulate General States indicate the APPIoXimate market (evel ' , , 9 y » t n Re Fy a ’ 1 y c T5610 3.00 phased oh buying and selling inquiries or Nov. 1, record Oct. 20. Cp xr Shs ao 1M Jo Te NEW YORK. Oct. 11 (U. P).— South Ry, bt Bly, 95% BY vv al Shawnut Bank, Boston. Common, medium. 1.756 Ing g inquiries EE ea » AA mod | Brokerage opinion today-— Sperry-Corp ... yw : NC WAY CHICAGO. Oct Hogs-—Re- Pla f 0 t. 1 0) t t BONDS YY? + ~ TIO " $s E - : } LY T \ eeipts, 12.000, inel ua S00. directs ". n or 0 » n eres . Ark NEW BOND ISSU ES : E. A PIERCE 3 co; asi A IR i . av I OREIGN EXCHAN GE | ket, fo to Is eants fun o ORs $11.35; i — Oitg, Ind Tel (TH 44s 61... 108 101% « bs | remains in a defensive position al-|siqa 6 & B .. 5 ! — > " | Du ood and choice vA ‘od a & Te SELES 3 8 (Bq W. L. Lyons & Co.) Dp B } 3 : NEW YORK, Oct. 11 (U. P.).<PForeigh i na 150-180 Ibs, $10 on 25 3 > H Tel & Tel Ft W 8x 43 a 108! 4 Bid Ask Dep ns A th | though favorable news could prob- Se CAAA . 2 » exchange opened steady " N bs. $10.40 11.25: most good packing 5OWS, NEW YORK, Oct, 11.-Coupons| Ind Asso Tel 44s 65 ‘ . Atl City 34s 64 . s J0° 3 3 x vo NCR XC Naa a Cable ot Soe 10: lightweights up to $10 ; Indiana Te! Co Bs 60 B _ QO 4'xs 39 .e 88 Diver € 9.91 | ably uncover a stronger Jacnitcal Std Oil NJ ..¢ 52 § Change Cattle Receipts, 16 8.000. including 2500 | maturing this Oct, 15 of the "Gier-| md Railwavs Ine 8s Beth Steel 3'as 82 a at D + position than appears on the sure | Studebaker .... 8 2 2 aaa England (pound) R=16 | calves Girain fed steers, 256 to 50 cents a. BAH Interstate Tel & F Aver y, Sons Sy 1 Suv TE 5 | Div Shrs | face Sunshine hin a Eng. (60-d bill rate) 4.04 13-16 a 3. 16 | higher; others, steady to 2% cents higher man External Loan of 1924.” which Indnls Water Co 3 Calif ro Pwr 4s save © . . Superior Oil ... : vee Canada (dollar) 1.00 | early to $10.43; vearlings, 50 ew " A3ey liu . Kokomo Water Works 58 88 Cent Maine Par Rae he 1% Ye | IT AMBORN, HUTCHINGS & (0. France (franc) | Toads S134 18 75. fed heifers strong, top. [18 popularly Known as the Dawes | wrorris S&10 Stores 5s 80 Cent ane To es Bh * % ” Italy tlire) v JiR nooo! | $14 25: giassers and cows uneven, mostly y a Muncie Water Works 5x 88 Fo power a, 83% gen ( —The numerous unfavorable factors | Tenn Corp .. A . h | Belgium (belga) : " | steady to strong, ‘ow cutters and cutters | Plan Loan, are redeemab. in the | Nohlesville H 1 & P 6ies 47 ( BS a2 ; 102%,

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» > Sul 31 : h Switzerland (franc) 23 a and feeders active, 25 cents 82 | declines have also exerted an unfav- | & pc & 0 .. 10% iy Holland (guilder) .. 5: 00001: | 16@25c up. sausage bulls, vealers. | tured last April 15, it was an- Hes water Co 5 4p

. 4.10 4 Tex Pac L T T's y Spain (peseta) y [ $11.50; steady s Of a8"; Fd In Ine Reb Inc Om | orable sentimental effect in many | ex Tat L 8, A Spain (peseta Unguoted [1430 steady 15000. Including 5000 eh . o6 , 1 i Be A Sie sv 30 BR anen 10 1 | sections of business, so that SS Thomp Star 3 : : . Norvur ea) 3480 : Ys directs. Good and choice range lambs, hounced today by the German Con~ T fo Water Works - 40 : 98? : oR 3 AO 15% 51; 5tp = : CH | h teady to strong: choice Colorados, $10.75 p 9) Gen Cab . So Ta he we! Rasen: Seems oe vptier of | Fimk-D i ’ 16 iv ta one) May 5001 [ Natives, [email protected]; ewes, 83 8064.15; sulate ‘Gieneral. igh erm To RORY as 67 | 98! Group, Securities Std Oh) 3 1749 | the day. This is usually the typical | pransamerica © 13% 1 3% von sheep, steady The coupons in point ‘of the yu. =n = v . Agric . 3 State St K, psychology near the end of a sSub- | Twin Cy RT 6a —- | LAFAYETTE, Oct. 1 Pr.) Hogs ian . Belt RR Yas com ice 4s 62 3 Auto Sup A 3.44 stantial decline, and while we are Twin € Coach ... 11 1 A] | Market, 20630c higher: 200- “inp San hs 25 | American tranche of the Dawes Cont iy hie ({] 45 5 Chem 32 144 °B 358 .... a i ——— i | 11.40; 225. 0 Tbs, $11.25; 250-325 Ibs, Co 3%s 53 1. 4 Food a °C 37 ....| not yet prepared to recommend pur- New Business Books | $10,906 11 10. 170-200 Ibs. $1110@ 1190 | LOAN are stamped U. 8. A. domioile Hoe Tie "ao Wa TRA hn 8 1d 20° D 37 S - ; 150-170 Ibs. $10,506 11: 130-150 Ibs, $104 . ter ates 67 an 88% 88% | yy Rants 97 Super AA — chases, we feel istic Ni Commodities Available at Library | 10.95; 100-130 Ibs. $0 35419.75; roughs. 810 Oct. 1, 1935, ind & Mi thE I : 3408 96 ....o > Merch 18 BB ward the market by far than we : | down Calves—3810 50 down. DLambs—$10 “Holders will have the opportu= ind fiydro flee com Ts pd. ndnpls Gas Co con

& y . Wisc Pub Sve 4s 61 as 102% 2 Min 1.26 Supvsd 5 11.57] " . , a month a The next several down Pet 19 1.30 Tr St Inv © ; R80. The following new business | nity to sell their coupons maturing | Indpls Pwr & Lt nfd 6s | Tndpls Pwr & Lt nfd 8 as .

. | RR oc 8 92 Tr St In D 248 .... | weeks’ action of the market should TREND OF me At BTR Toman] y FOOD PRICES books now are available at the CHICAGO PRODUCE Oct. 156 against dollars at J, P.| Indpls Water Oo pra 3 & om’

Y bear very careful watching. a CHiN. Out. Yi ITB. anges | U. S. ST ATEMENT HORNBLOWER & WEEKS The | WHOLESALE COMMODITY PRICES wpolis Pubic Liv the Indian- | - ae ribs. YOY Morgan & Co, or at any of the|p r Mallory com % : cIntos 756: 90 s t ota- NB in § e rary: . x ot. ‘Wen receipts. CRN: 4 aon i Michigan McIntosh. 86 pets. scr sl | WASHINGTON. Oct. 11 (U.P) —Goy- | likelihood that a rally, starting from | | 90 oF RE. | | ron raged Mate ie. extn rats. 31h. | Amerioan offices of the German |X Jig bub Serv Cagig,vi

toes en ; ? . : a ~arrots—N S, t hes, 2@2'2c. Spinach | ernment expenses and receipts for the y ' . | current receipts, 201cc, checks, 15¢, dirties, | N Pub 8 Carrot: linois, bunches ot current fiscal vear through Oct. 8. coms around current levels will lead to | | prob QING hig EA + XE. [17 hah ve TH sn oS: steamship company, the Hamburg Dei Bary ‘ot The pid hi .,

Illinois, bu. 40%: 75¢ Tomatoes Califor- 4 .d " d | ‘ ¢ 4 rado | pared with a vea: Ako the start of a sustained forwar Butter easy: rx sheiS1 So, Caulifiower-_Coloradn first duty of scholarshib fs to Bro- || i rts (90-0115 score) $35 341s: | Amerioan Line, on or after the date Pub: Bory of Ind. veg te fd re

Peas-—California. ham- . This Ye a8 Year : sing daily. tect d i i Celery— Michigan, flat | Expenses , $2, 18318. a a §5.380.08¢.ty | movement, is increasing d the loss Of Which "would De lirfe: ||extras (92 sore). 3c: firts, 32 32isc! NM maturity. Ti h ; gmith Alsop J&V BP ; Onions (50-Ib. _sagks). Rofipts 1 KEL) an 1a. ae SHIELDS & CO.—The market is | trievable.' Bon Ty Wade: a ied rob score), Ay 1e purchase price | smith Alsop PRY Toh A Y0iRS #1921 } - 1155 p v ashington Jynlencias, S0GgLe. Tdaho ash Bal. 2.8%. 313. .803.80 more than entitled to a fairly good | SEPTEMBER EACH YEAR 1 a LEMS OF LAROR RELA. [ 32100. centralized (88 score). 33c. vill be $26 per $35 face amount | Lerre Haute Blec Co 6s . sate. : Pub. Debt 38.938 368.451.10 rally and it can be experienced at | hundred and fitty actual cases fllus. aT Cer | ‘yg ive: eae DL, ure. Of the coupon,” the announcement E GRAIN CI I ant S6T0.830.10 | any time. When it does get under- | A | hicks 3 Re Cha ters 33% 28 lure: | stated. By M. P. Crist & © ARGENTINE ORY eXESyopts “ada ay 1 ld be welcome 0 P= | HOW TO FILE AND INDEX. b» | chickens, 2015¢r2d¢: broilers, 4@26c; tur- vy M, Orist & Co.) ; PY) itiral Today's Pur. _ ‘Tota | way it shou a C PPO ¥ 1 15¢ ‘Dawes marks may b kot Bt. Thvesting © 8.08 EE Othe ote a Ww heai “November. Inac Gold $902 751.51 $1,238, 83. Si 67 | tunity to many to get in more liquid | © Bertha M_ Weeks, Combiex modern | vot a ' Daisies, 10@ at the customary hy o rey a: ey 3 $1.41% Loctober. Februnry- 3 I ane: | os condition until such time as the pull | J quate to meet the demands made on ( Ce Tonahorh 1 i] demand. | as heretofore, according to regula — OC aC. 2 | J J 'G RE ” wh y = So nO ob Otis Spot. _ 283ye. un: | Qe CLEARING HOLS oo | | picture is clearer and more promis- 31 1932 193) 1034 1935 1938 1937 wOONSEQUENTIAL COVERAGES, by ood. ‘Market, Souk: g ORho Russet - Tin: | tion in effect.” changed. FAX November. we | Dev bits LL : - a . 7.008.000 ' INR. THE PARKER CORP. GENERAL DISTRIBUTORS Row to To BE ant al ROO ace tell | Colorado Red MeChites $1,304 1.35. North i

changed; February, $1.29%. unchanged. oii INCORPORATED INVESTORS use and occupancy. rent and lease. || Dakota Riise Triimphi Notice of 19th Consecutive

hold, profits, contracts, unearned pre- | Dakota Co i 82% 05¢c;: North Dakoia y arly Oh 95¢6181 08: “Minnesota Lob PRICE INDEX AND COMMODITY QUOTATIONS | sosron on owe suimme | fii penis sisi: || BES | MODERN A —— . 0B “— S » E a y > t oun os, une assified, So! A AUT, RADIO? BY Minnesota Gh Whites, 80700¢: Mich: OFFICE

DAILY PRICE INDEX far to go before the average of Neth M. Conde. How many ilsten at |} ets Rurais, 5 Michiren Green NEW YORK,

| Week Year ow S y S ountains, $1.02',, Arrivals, 201; on track, Oct. 11 (U. P.).—Dun & Bradstreet's | Wholesale commodity prices || 1404; shipments. 1114; Saturday, 67. EQUIPMENT QUARTERLY INCOME weighted price index of 30 basic commodities, J Wy. i 100% PORTS § ORS0 Thily nen B Jiu tive desired by the Administration.

COMMON y= Toduy oN Nie reaches the 1926 level, the objec- litle Sra ATT Ul AL Cc, a Rs at compiled for United Press (1930-1952 average 100): | ides, native hvy. steers (Ib) ARN AS A814 ) \ "w —-pays for SHARES, Inc. Wool, fine unwashed comb, (Ib.) 89 a an September prices were about 87 | Q U A L | T Y, S E R v | 4 Ek and itself in | Cotton, mid upland Ib.) “a JOR30 08 i per cent of this level; in fact, } ; 0 IY n Silk, 13-15 deniers Jap (Ib) .. 1.30 1 1.32 there has been but little change greater The Board of Directors has Saturday ......... 128.33 Year ago _... hE vb smi. Fb (IB) Lo. 1681 1768 1650 / : 1 i ‘ Week Ago 133.08 1937 high (April 5) . 158.26 | Reber. AY bn I Ne ay . in commodity prices during the S A F E T Y F i R S speed and authorized payment of the reg

, . ; . i . lar quarterly distribution of .... 137.90 ‘1937 low (Oct. ¥). . 129.94 | TN » ; 6021; oeovis ogee | 1ast six months. Prices today, has characterized th , lis Life In- accuracy ... ¥ NRiHith Ago in a) Te Mir Y however, ure up % per cent from 5 s Shagcterizad Ye progress Shilie Vidal; Lite Th in time and 30 cents per share for the 3 surance Company, through its nearly one-third of a century .

Following are the commodity prices used in compiling the Zine, . : . daily price index. Tin, straits, spot (Ib) . B3% YYW A year ago and have jumped 46 per : ’ lab saved period ended Oct. 135, 1937, Week Year | Silver, comml. bars (ox.)....... 48 EEN Ay cent from the depression low. Sta= in business. a op yw Checks will be mailed to shares Commodity— Today Ago Ago Steel Scrap, Chi. (ton) .. oo BY 15.75 16.25 ble, rather than fluctuating, prices . . ’ +» 3» th Dot holders November 1, 1937, Wheat, No. 2 red (bu) $104 S17 8 L19% Pig Iron, Iron Age comp. (ton) 28.25 LR 18.38 are conductive to good Ar ag COMPLETE LIFE INSURANCE SERVICE—POLICIES tor service Corn, No. 2 vellow (bu.) 68 88% 1.10% Coke, Connellsville (ton) 4.25 4.95 8.78 TO FIT EVERY NEED. aT WleIVy An extra distribution of $1 per Rve. No. 2 (bu) 6% 80% M'% | Cement, dom. Portland (bbl) .. 2.95 2.95 2.55 to custom: shareinfiveyear 5% Debentures

BERRA JE oF JE (Enea SE $F 3 NEON INDIANAPOLIS LIFE INSURANGE CO. Dey Flour, spg. pat. (196.Ih, sk. SW RY T.8% | ouglas r, roug = BEN 32. 2. 38. Lard, prime steam spt. (Ib)... 1007 1125 1165 Gasoline, tank wagon (gal)... os 09 082 % & wo 1937 to shareholders of record Coffee, Rio Ts spt. (Ib) oh 09 09 08 | Crude Oil, 40 gravity (bbl). . 1.9% 1.2% 1.18 S | C ly S 30th and Meridian. Oct. 1, 1937. Sugar, raw 96 test (Ib.) Son 0315 0320 0340 { Source of Quotes—Chicago: Grains, ilvestock, lard, steel scrap Edward B Raub, A LeRoy Portt . " ous,

HAROLD f. DUGAN Butter. 92 score (Ib) “ 86% 857% 83 5 \ . . : 4 ems. cooiidboite.. oy ee and hides. Boston: Wool. East St. Touls: Zine. Connelsville: || Indianapolis Electric Sign Co President Vice President. Secrerary Steers, 1100-1300 b., choice .... ans JA8135 0988 Coke. Tulsa: Orde oil, New York: All others, 228 N. ALA,

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