Indianapolis Times, Indianapolis, Marion County, 10 October 1938 — Page 15

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MONDAY, OCT. 10, 1038 THE INDIANAPOLIS TIMES PAGE 15

UTILITY SHARES N.Y. > Es AUTUMN TRADE Hogs 15 Cents BRAIN DECLINES Retail Prices Dip HOPSON LEVELS

By United Press |

UP ABOUT GENT: ze cia vowaonas sro wars. JUTLOOK GOOD, Off as Prices FRACTIONS IN |, s-=<=__| CHARGES AT SEC

Steel uu... 44 i E+ Satur av INDUSTRIALS 9.33 41.80 STEEL. OILEASE = '. fe §5 REVIEW STATES Hic Monch Low! | GHT TRADING

\ Ago “is verses 38.71 i 21 High, 1938, 149.3 5: low, 08.95. SS ——— Ny ie ¢ l Aig fe | Wigh, 191%, 190.40: low, 113.61. All weights of hogs dropped 15

' Allis-Chal i s ents today, t stablis! 1 [lg Domestic Bonds Irregular, 3st.Fu 5 uf Jol suturtar oy a an |voward Trend Is Forecast sss for the month on 230 to 260- Liverpool Off About Cent; [Week Ago ...... viol REE Sn pounders, according to the Bureau

pf . ” Am Hide & L ‘ L : | I | Up After Firm Opening; in» Der {Monin Ato f 6: £0.00) On Record of Recent of Agricultural Economics. Prices Selling Based on Weak {1 | i : Am 3 i ear ARG ...... La —11 y = were within 25 cents of the low for : WASHINGTON, Oct. 10 (U. P.) .— Curb Stocks Rise. An —- 8 Rieh, vy saat, low, tam, Weeks Figures. the year. Foreign Trend. *Thoaz was Lk i 1938 1937 ¥38| |Howard C. Hopson today charged Vealers remained unchanged, sell- sn THE PARKER CORP. GENERAL DISTRBUTORS | |the Securities and Exchange Com-=

Am hl 15 UTILITIES : . A ; ing at a general top of $11.50, a few CHICAGO. Oct. 10 (U. PD). INCORPORATED INVESTORS mission: witle unisir questioniig and

‘Witness Protests Questions HH \HIH | And Condemns Costs of AUGUST EACH YEAR| || Utility Probe.

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Am \ PAICalRIdRY cocoon 2.12 Jed a Week Ago Caeeens 2020 0.0% | Times Special sales reaching $12. Fat lambs ruled |

NEW YORK, Oct. 10 (U. P).—A[Am Sher § flurry of strength in utility shares| fm St P ES 8 4 To MOREA ARD .iiviiiiiinniene.. 1833 2043] NEW YORK, Oct. 10.—A slow. steady to 25 cents lower, the decline | Wheat opened unchanged to frac=| jes Special declared that it was costing the : ly > ! i fter first rounds. A few tionally 1 ? : } (Year Are WE —881 regular increase in trade activity|COMINg Aler Hirsi ro ionally lower in light trading on| BOSTON. Oct. 10.—The general|ygjlities Employees Securities Co.

. {Am Sugar featured an irregular stock market | Ah T & High, 1938 22.55; low, 15.1%, ‘choice ewes and wethers scored | y . al HER 193%, R151 low, 10.65, over the remainder of the fall sea- §875 on local accounts. Later top| (the Chicago Board of Trade today. trend of retail prices has been $300,000 to $400,000 a year “just since August,|to put on this show here.”

today. Am Water wo North American reached 23, up 1./3h oolen . y " Consolidated Edison touched 29°, Mae one cal | 0 oe Net [son is to be looked for, according to and bulk sales were $8.50 and down, I Enuy easier | | Sowrward: LSvoalding 10 the: Parkes up ‘¢; American Water Works 115. | Armour Di .. . 8 in Pure Oil High Hy Tins Change | the Standard Statistics Co. of New, The general cattle market was|™ «4 wp ark al TD ARTEL 1937, the Fairchild’s index of retail] Hopson made his second appear= up i; Public Service of New Jer. ase Diy Sos aa[Pure OB BELIBE ss (0 | York in its weekly summary of the draggy as compared to the action |.‘ gil cant’ corn off 's to ' cent,| Prices was lower than the previous ance as a witness in the SEC hearsey 31%, up 's, and Electric Pow- au G Line ... 2 general business situation. of late last week, but all classes | 8 © ORlS scent Jower. fii £m In August retail prices were ing to determine the connection er & Light 12, up *. THR “Although extremely adverse cleared at steady figures. Liverpool wheat declined about 1|8 per cent under a year ago, but| between the U. E. S Co. and ths Steel and Automobile issues eased Aviation Corp ; it 5 3:2 +++ | Weather conditions in the East and | cent due to easier shippers offers 2 28 per cent from the depression Associated Gas and Electric system fractionally. Coppers were steady. | Ry, See 1 2 3 3% | Middle West held retail trade back BO. uu irviereeven ! 8122 land more favorable crop weather in| low in April, 1933. In apparel, dur-|with which Hopson long has been Farm shares and oils eased. [Baja Loca et I | Rae ores o * = 1*in early September, the record in O° rr di visa iiv eee. ST 1500 | Argentina and Australia. ing the past year, the prices of] connected. Bonds React L&R of Rae to iss 18 3 9: - is | recent weeks indicates definite im | Hees Selling of wheat in the local mar-| Women's wear dropped more than Lewis: Dabney. SEC couhvel sphalt. Revn Tob B.. a 2 provement,” the summary on 7160! Ket was based on the weakness | those of men's wear, but the drop| d MT. ney: t t . Richfield Oil .. Sta mented. ; | & ily 8063 abroad, lack of export interest over|in prices was small. One of the| Presses i pean o Rae Re 4 5 "| “Department store sales in the| bh oo: oie [the week-end, and reports of bene-| largest price declines was in home Jaye In % 1c a e pear as al- | gateway vy 4. 3, | Week ending Sept, 24 were 6 Peri" 0 140) Good and choice : (ficial rains in parts of the South-| furnishings, the company said. Df NY Sutera i Si ‘oo 28) . _. 1, cent below year-earlier levels, Sales 180.180) Good and cheice . TYE west winter wheat belt. claimed: | Savage Arms. 13 5, + Y2/in the first two weeks of September| [150-300) Good and chee . An : Minneapolis and Kansas City | “That's a matter for clerks! This hi genute R Cae so sp Li's | were down only 3 and 6 per cent, | 1220-250) Good and choice.. 8.35 wheat opened '; to 3 cent lower, REVENUE FREIGHT proceeding is costing the U. E. 8. | 1250-290) Good and choice Co. from $30.000 to $400,000

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Prices advanced fractions to more RY aus; than a point at the outset, under Budd Mig \

lead of rails. Buying interest sub-| Budd Wheel sided after the initial _flurry,| Burroughs . E however, and about half the open- | Simmons ing gains were erased, with a few Calumet & H... ¢ ¢ ov, |Sloss-Sheftield

: ihe Socony-vVacuum rail and utility bonds registering|&anega Bis 196 Por R Sug | pac .

fractional losses. Industrials were Cela ese { Soul

olv Iv { Celotex {South Ry barely steady. Cos We Pass

r TAVAY L * va Certain-teed U. 8. Government funds Were | Gertain-ta § pt quiet and narrowly irregular. Gains Champ Bape: i “wid uy n : Qx : Champ ap » and losses ranging to 3-32 point Ga"R Gh, were about equally distributed in Chie GIWRY pf ai» Iv : A ¢ pf early dealings. Chi Pheu T Latin-American obligations at- Chi RI&P .. tracted best support in a firm for- Chivsier iv 3 ¢ nN arp Climax oly eign section. European issues Were ier: peab about steady. gol § Ark ‘ A Ol iciures vie Trading Active {Com Inv Tt ; Com Solvents Curb stocks were irregular after Comwith Edison : Comwlith & So. a moderately higher start. Trading Gong-Nairn

was fairly active. | Cons Cigar . cons Edison . Newmont Mining reacted mod- 1S ons Edison pf erately after an carly advance of |Gon: Rex B 33% points, in mid-morning deal- Cont SR ings. Eagle Picher Lead advanced! gent on pel

s point on news of its opening sor Prod mines in Missouri. Crane Co Aluminum Co. of America lost a &lown Zon point in the industrial list while Crucible St Niles - Bement - Pond, Jones & Sidiembank Laughlin Steel and Pittsburgh Plate Curtiss Ne A were up a point and more among oon Sf less active issues. Electric Bond & Share preferred poi ca’ Hud extended an earlier Z-point loss to Ba & Ah 2'¢ points while other utilities were CAR irregularly lower Dome Mines 3ulf Oil was up 4, Lion Oil off gl : Utihee Cotp ,... 1, and International Petroleum off : | United Be : vIn the oil list. East Kod of..

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Domestic corporation bonds re-|Beadix Avn acted after a firm opening and held Beth Steel serve districts showed good gains! packing Sows ving holiday. a year just to put on this show from comparable 1937 totals, de<| (215-300) Madium .oovivi Corn prices eased under scattered LOADINGS HIGHER efor spite high levels of trade at this aaa Sood Sas bY j : ‘hedge selling. noment later Hopson again

Beth Steel 5 pf only irregularly over previous clos- | Bon Ami A time last year. | 1270-850) Good nh vol | en ’ | WAGON WHEA" Bri the line of questionin “Rural retail sales also have Slaughter Pigs : y AT ke a g

“ 5 { cit Y rain elevators paying for No : d d heated 11 3 ‘ : hid 3 A ne RY are paying for Ne and engaged in a heated colloquy shown encouraging signs, with daily| (100-140) Good and choice 57¢, othe de: tl Numbe Srewis eatest Since 1h | shown encouraging sig tedium ee BH 3! | Cash boy St ok Tg Ms r r t t Si (with both Examiner Raoul Berger

i averages in general merchandise for CATTLE 9 “a August higher than for July, and) — Receipts, 1382 m—— ee Nov 6 1937. and Dabney. : : | Hopson just testified that it was

[less than 1 per cent lower than for| Steers 43 August, 0% Grocery and variety | 335% 000) Choice D AILY PRIC] E INDEX his recollection that he never per- ’ {3.0 NEW YORK, Oct. 10 (U. P.).— WASHINGTON, Oct. 10 (U. P).—|sonally owned a one-half interest

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1100) CShoice stores sales in the first eight (1100-1300) Choice 2 months of 1938 were off 3 per cent 130-1300) Choice 3 & Bradsireet’s daily weighted Revenue freight loadings in the in Associated Gas and Electric Co, ‘y,|and 6 per cent, both showing a| (970-1100) Good (price index of 30 basic commodities, week ended Oct. 1 rose 22,385 cars Although a certificate of beneficial ; | (1100-1300) Goo | compi Init : «321 [trust cover § an inte | smaller drop in August than for the 1300 1500) Good piled for United Press (1930-32) over the preceding week to the \ ust covering such an Test was la year to date, 11170-1300" SEI Sumi 1003, highest level since Nov. 6, 1937, the jssiser ine iss names Ine 1934 “ & A A i! =] 1 ‘a 8 y . i2| "It is probable that the usual re-| 350.1100) Common (plain) 007 [Saturday .....vovevrivvenees 105.98 : I Much of the morning's question covery lag in retail sales will hold| 1350-750) Cho oa 9.506010. [WERK BBO ..oovvrrecrrinies 10479 report of the Association of Ameri- ing revolved around the 1924 certie | the total moderately below the com- | 156.500" Cond etlers I50 38 Month A80 ............v.... 104.61/can Railroads revealed today. ficate of beneficial interest in age, , {150 0n Sth isiaease 3% 9.50 | x» v v : | ; : x "| Talcott J Va : s 4 v paratively satisfactory 1037 levels, 5i0Ja00) Medium Li. T00w 825 Year Ago vveseenss 12759) Loadings for the latest week one of which was issued to I. W, Texas Corp .... 433: 431d a hee at least until late in the year.” 1550-900) Common «+ 5.50@ 7.00/1938 High (Jan, vevsse. 117.06 amounted to 697,938 cars, a more Mange, president of the company, i" Gat Prod. . : 4 4 tt alee Adee Sait All Weights } a Low (June 2). +o... 102.43 than seasonal gain of 3.2 per cent and the other to Hopson. & PC : ] Good TE ————————————— lover the preceding week's total of | Tex Bac : LOCAL ISSUES Medium + B.25¢ 2 CHICAGO LIVES SN PPVOY 675,553 Sy but, ’ decline of 17.3! Tide Ww A Oil .. The following quot ions do Jot sad om 3 751 475) STOC K per cent from the 843.681 cars load- | ‘MARINE INSURANCE ) sent actua MAS OF oflerings, Mn merenn Timken RR indicate the approximate market level Bulls | ome > Rim Sa aa, 000: directs, 7000; ed in the corresponding 1937 week, RETURNS T0 NORMAL Transamerica .. based on buying and selling inquiries of (All weights) Good (beef)... 540 7.00 Sine By 130 25¢ Jove top, 3835 land 14.8 per cent from the 1936 | Trans & W Air recent transactions | [AAI weights) Medium ....... 8.25w 6! 8.30" 180.210 SN era TD, ibs vo B10 | a Trans & Wms. . Stocks Cutter and common 3 a 30; 80.10 ie.. $7.0063.13; 140- 170 I's. | period's total of 819,597 cars. i= » $ | fv ¢ CRINGE KOWS, 60m 30th Cen Belt RR & Stk Yds eom...... 49's 52 | (All weights) PR STIL Ppa TT medium weights and heavies, All classes of commodities showed NEW YORK, Oct. 10 (U. B).—War Twin Cv RT Belt RR & Stk Yds pfd ...... 50'z | (Al weights) Good ......... 50% 11: Sheep — Receipts. 15.000: directs. 4600: Sins over the preceding week. risk insurance on marine shipments "| Cent Ind Power 7% pla "' 21'2 23%] Wi Weights) Medium... ... ¢ fat lambs uneven about steady: spots, 10| Miscellaneous and ore loadings | has been returned to a normal basis, { Home TRT Ft Wavne %7, p « 92 { ull and common h 9. cents yor esterns, [email protected] y Hook Drugs ine com / ‘os Ctives tives, $8: sorted lots. $8 25. shop, a 'made the best showing. Except for underwriters disclosed today.

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ITYiIn CRT pf Ind & Mich Elec ‘ 2 . g bulk native ewes, $3; few. $3.20: feeding | subs Downward revisions begu 1 | Tha Gen Svs Co 4 £s — Receipts, 819 | lambs stronger: good to choice. STaq yr | Ho angie) a in loaning of | TA S ing n early Ind Hydro-Blectrie 7% pfd.... , 31'5] (250-400) Choice Cvves 25 0.2! nie [Receipts J9. 000; salves, 2000: ara n and s products, a classes : 3 ee ave roug war risk | Indpls Gas Corp .. cover 1D ‘ 608 ..... vv He | quality fed steer run mostly me- c a - - Inapls Gas Corn ot tere] ; | om LA tum (Eno orpetenT in Mostly me- | were below the 1937 comparatives. | harges on trans-Atlantic and trans |

Ulen & C ““ Union B &P .. Union Carb ‘“

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Aircraft Cp. Lines. . Un Carbon

Indpls Pls Co 6% Common ... 3.506y 4.75 Sent: market steady to 25 cents lower: Pacific shipments to the standard

* [mostly steady on well conditioned vear- | i / . i ERNE OB BG I |g eter and srk cuit (ly HET 8 FOREIGN EXCHANGE | sis of 121 cenis per $100 which IN Ind Pub Ser wv th R Vi 4350. 150) Seed and choice. . 25@ 0. ers steady. crop considerably larger than | | prevailed before the recent EuroXN Ind Pub Serv Co 5157 pf. 60's €3'a| (Soo 1030) Cho 3 838 up. Kinds, Cao Tara Rrassy and warmed ngpw YORK, Oct. 10 (U. P.).—Following | pean crisis. SN Ind Pub Serv 67: pid or 2 1%] (300-1030 od 7.20 at werk: Toulls PEN eis. Steady to are noon cable rates on major currencies: On shipments to Black S t 38 Jnd pi So Ca 7» pid. $1 | (500-1050) Medium . 50 | weighty sausage bulls, $6.50% vealers. 'main- | d d cable Res Net onangel pments to ac ea ports, rogress Laundry Co com... | 13 | (550-750) Good and choice . lv $10%211: ahout 7000 Western grassers | poRIand qroun ).. § 7 1 = Ls however, the rate has been mainPub Serv Co of Ihd 175 ptd ... ! 3 : Common . 00 | here, mainly stock cattle and calves; mar-| ENR. (601d. bill rate) 4.75 9-16 — 0 ] tained at ‘ound 371% t; Pub Serv Co of Ind 6 ‘ie 26 | Heifers [ket active and ive and fully steady. |C Amada (dollar) ... .9f —.00 1-16 aro cents per

P & Lt - 5 : 28 : - 33/80 mA GRE 487, pid. . { (5507 AA | France (franc) .... . : —.0001 Va \ \ y So 550-750) Good and choice . @ 8.00 es 30% $100, while coverage on consignRide 3 F ios 3 3 I' Haute Elee bfd sesviven 1 37 Common, medium 6006 17.00 italy (lira) : | g

rm l ’ B ° I P & Lt $6 1 oc ay S Uustness he tn F I : 3 Relgium (belga) ‘160 .0001 ~~ |ments destined for Mediterranean : > r 24's 93 932 . Union Title Co com Cisne 8 31. | . y . 2 \ 1 al ... JO ‘ I > a os J 8. Rub 1 bf. 8i 963, 9 — %a|van Camp Milk Co pfd...... 8 2 Sheep and Lambs OTHER LIVEST OCK jGermany onirkd 00 pg ports, or to the Far East via the At Gl e Fair Morse 3 } q . IU 8 8 Sel Sh RR R 52 | Van Camp Milk Co com Ya . Bs —Receipts, 2020— |€ er. (travel mtrk). 213: —.0020 "Jy ; Ls = 4 a anc Fajardo Sug 33! 32% 33 1's J] 8 Steel pi 190 : 33 9% Bonds “Chotee 825m RB 75 | Reo NN oh 1204 10 Ph Hien |uizertand (rane) 5434 Z 0001 Suez Canal remain on a 25-cent Fed Dep St... 23% 28 ; In’ Stores A.. 20% 2% 23 Amer Loan 5s 4¢ 100 | Good ’ ve TEE B00 mestiy 0; 890 direct, Uneveniy and |Kveden (Sronh) ... 348 | basis SENER / > PiTestons Be i 3 : : 2 : Ame an 5s 46... Dw 8.5 stly 15 to 25 cent $ S wor . asls. GENERAL BUSINESS | Firestone 1 2 3 Sa Ut Pe } : 3 Cine aha" Hel 41s 61 : 105 Medium 8.00@ 7.55 350.275 Ihs, °58.25 41 8 30: ino: 10 ns, 3 23] Norway (krone) 07

lintkote 29 24 21 . He a . \ 5 wn 6 RA. : : SO Ji NE ra y rk (Kr + Poderal Reserve Board sensonaly Ei Bove 0 fhe fhe = HT Se TT TER wf Sah SII SRE 600 Sha day MAAS, WR SEIT © 8 “HR \opgANIZE STOCK FIRM adiusted index of industrial produc- Foster Whi ... 213 : 21% s Van Raalte ... 2 Ta : 29° 2 Y fiom rh a i a3 ; a ; 2 18, > Do A ligice iii Gree oon 100 an only Tale uneven early nies ent FOOD PRICES tion for September RU, 30 pss tol Gair Robt 3 § 3 vit [ Wabash Bf 312 3; ‘ Mantle Ry Su ya Coss cos 3 : a J FT. WAYNE, Oct, 10_(U. B.} Hogs 15 38 3063, 3 ny 2d baby a: CHICAGO. Oct. 10 (U _Apple NEW YORK, Oct. 10 (U. P.).w of 1023-25 average, new high since Gen Am Inv | Yalworan, 3 [nels Wat Co NT 86, ore 10000 10614 t B8 Cents lower: 220+ 340 ibe, 38 13.0300: | $0. art lend Fd to choice heifers, $9.35 | M(Chigan Daa. 1 rr a Apple: te Eric L. Pedley, internationally fa Ww

- 3 : . x > g A ~ ‘ : : v «an 3 Sweet. Potatoes—Tennessee., bushel ham- , October, 1937. and compared with Gen Bronze w arren 4 A 20% Kuhner Packing Co 4'57. 50. 101 s.. 160-180 Ibs. $7.80 260-2 l s.. $7.00; | grades, $3.50 5: practical Py SAUSARE | Nays © G5mANC, | Carrots Illinois. bunch. |MOus polo player, will be one of the Gen Cable 30 9

Morris 5 & 10 Strs 57: 60 ... ¢ 101 280-300 Ibs, $7.80; 300- Ibs. $7.70: 325. | bulls, $6.25. vealers firm, top, 4 S91 > Cn, | . Ss j - 88 i August and 83 in July. De- Gen G&E Pa Bl 7 pf.. 99! Muneie Water Wks 57: 65 . PALS 350 Ibs. $7.60: 140-180 Ibs, $7.60; 120-140, Sheep--Receipts. 800; none direct, Early 192 oe Spach Lidiana, Dushel, JesL | par thers in the brovosed. New York 8 in August am Jul) Gen GRE A a 99% " ; 0: 100-120 Tt upply light q \ aT Tomatoes—Ohjo. 12-qt. baskets, 40@60c.| Stock Exchange fir f Pedl hl w ‘ : | Gen Motors Union 3014 Noblesv Ht LIP 6s i di... p 1031, | Ihe, $110, W300; 120 55. $6.30. Iv $11.50: [ana y 2h ny gua iLy largely [edium Cauliflower —Colorado, crates, [email protected]. - cnang rm O edley, partment store sales index for Sep- Gen P Ink Ww Air Bie 2% 5: ; Ohio Tel Svs en 1% 8 100 Pg Ss 7.25; stags. $5.50: calves, 5 and © ows mening sales and iy textion Fras = Caliiomin Ramosre us. Bm 85.| Martin & Co. of Los Angeles, if : Fer WY Si estin 0 X % 3 » 2 hl ¢ cr Smt vex St hia 5 se. § — tember, 86 vs. 83 previous month §hwc% Bf Wheel sien 3: ie 2, + | Richmond Wat W ke 87 RTIII0GG 108 | LAFAY EITE Oct 10 io Hog mar | and choice trucked-in lambs eligible. $8 Celery icnigan Bianball, So B08: was reported today. According to and 94 year ago; nine months sales, Gen Refract Nite Mat... ifs BAK fe a Wa 193 790; 200-250 The. $8635: 250°325 ne. |posibly to $850 1 defy hufeners: “con: lows, 35a >0c, Idaho whites T0c@$iio:\present plans the company is te oC e y 1937 riod. YOM wu ] hae gE ¢ Gla 3 2 : H \ > rater rh 'e [8% 7578.05; pigs, 87.50 down: roughs, $7.25 mon and medium grades, $5.50627.50; ny Ne rk 2 3t; Lolorade gi rations De Siow p 337 vetlel, pro {Smack Eros Nhite Sew M nf 1512 181s J2 L hatte Water Voks 61» a x (dawn; calves, $106:10.50; lambs, 500 8 {slaughter ewes mainly $2@3. ? sweet Spanish, 80% @82!zc. begin operations Oct. 21. vagazn x SL S 3 = 1 iiaq | -e a sa - wo a ———— - a ti x : Goebel Brew duction last week up 1': points to Goodrich

Willys Overld pf 5's 5, 5%, ix! Trae Term Corp 57% § ov. 83 65 Woodward Iron 2 2 9 4 (By M. P. Crist & Co.) new high since October, 1937, at Goodyear : 48; per cent. |

Woolworth xMarket St. Investment Corp . 25.02 26.88 CORPORATION NEWS

Worthinet 993 he Mar 1s Ne Hh hit ston Rie Jd : y Dividend 8 2 2 American European Securities Co. St ld Sept. 30 net assets, $4.33 a common |g mM & No

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21'2 + 2 Zenith : ; Nie fix 3 ts gat 2 oan an 4c, | share vs. $3.19 Dec. 31 and $8.24 : BERNE nt a ond, 221d: epeeiala’ a SS Sana a iona 0 | year ago. Hat “or ad 3 3 R 1 3 | "Qa, . cent : Bs 2 1C, th { y, a 3c t . * Electric Power & Light Corp. 12 Hoo) S_ 0 i “hg 2 3's ir a Ty “38 es he al a at Indianapolis months ended Aug. 31, consolidated eticl, © . {ears, 3c: extra firsts cars. 28c: less than | ope net income £5.620.369, equal to $5.89 Holly Sug ie lug je, 5% ceria recemts, of Indianapolis Condensed Statement of Condition at the Close a share on $7 series “A” 2d preferred | foud-tier B Poultry—Market, easy: receipts, 1 ear, | of Business September 28, 1938

Sound | Abort Lab 38 3a 130 trucks: ducks, 146 15'5¢; geese, 13@ 13¢ RESOURCES

vs. $0596885 or $1.13 a common Hupp Motor “ay | Aetna Ball 8B... \ e hens, 12) 7 Xie keshorn hens, 12e: , . . p . . rmour & Co .. A 1 Ry, | SHring chickens, @15'.¢; roosters, 121m | yr share year ago; Cugust ques Set a ; ‘ | Bliss x LEARN. (co clio 90s Spt opty 131ae: broilers, 131% : big! 14@ le, | Condensed Statement of Condition at the Close Share on combined $7 And $5 pre |b Cant 1 5 | EB IB akan 1a Ties, 18° Cash on hand and on deposit with Federal ~ ~ © - i atl 4 3h oe DY WI . ~ . 5 5 1 + \ i A | share on combined $7 and $3 pre- Ii Cont 1 By 3 ve Cont an SR gi : 2 | Y Both tors Barnes, Hhetel: Somand. fair: of Business September 28, 1938 Reserve Bank and other banks . $14,789 661 68 ferred vs. $1,918,339 or 14 cents year j oil Ri - Ja|Chicazo Corp : o "market steady: Idaho Russets, § i 1.55: | United States government securities...... 12,153,978 37 ago : St Sie: FE: Ho vaighiane Rha SE consi Coblers 904 05¢: Rotnd Whtes | Other bonds and securities 1,011,135 60 : niratn Cop . 165 5 5 om wit Sov 975 wis my. | CONS obblers, 904: 95¢ oun ’ : . ’ Interstate Department Stores. miercher |g 25 5 OH Kirin Nat wa? oeil Bots 9p's bps |O0c: Michigan Russet Rurals, 90c: Nov Stock in Federal Reserve Bank........... 84,000 00 Inc. September sales $2008600 vs. | Inteil Ee i. J 3 ol GaMARe-Denver Lo... 12% 10% 12s, | Dalits Triimohs 121.10; Cobblers, 98's RESOURCES : | Loans and discounts ... 6,206,076 17 $2 227.533 year ago, off 9.8 per cent! 1: Nickel 3: 5 3 3a Gt Lakes Dr yori : > { a 3: on | track, 370: shipments, | Bank buidyes and i CaAsss 955,482 00 2.227.533 g0, Sint Niel .. 83a 533 Ba &! 591 1Sat). 97 8: s TS ity accoun eight months ended Sept. 31 sales Int P&P oe 10% 10) fe | a B HAA di Cash on hand and on deposit with Federal eo I D 21,129 91

814485416 vs. $17.595,507 year ago, mm: mrp Te Re He I timb Harr I \ Nn Reserve Bank and other banks $13,057,985 14 : and other re83.416 v Int TRL I Mh Hh = ML Hey U. S. STATEMENT United States government securities. ..... = 9.100.123 49 Aseria svete ressvalle 101,151 81 off 17.7 per cent. Tritech Ta" Kelloog Sw Bd Us Se § T | sources Cr Se ’ Marine Midland Corp. September Tabs S > TR y ? Ken-Rad Tube ernment expenses Det i LI, “Yor th Other horde snd SUMTIRY. vo Cees 3,711,220 62 quarter combined net earnings J : Rngsinry ¢ Br current fiseal vear through Oct. 7, oans an 1scounts dl «+ 6,358,525 67 TAL: \.cavvinrenvsinesenivunbossrnonores S35920,015 52 A i wn | Johns-Man 1061s 8 vp pared with a year ago: Bank DUHGINE covicorrvrvercecsvsrerenis 950,000 00 $905.477 equal to 15 cents a share jo oe he 2ni'es': 6312 85" Ya [oon Pack EB §2.494.003 340 305% av a1 | ee vs, $1.013689 or 17 cents year ago. 3 = "I Moreh % Mie of: Bepenses . 82.424 850.20 $2.122.052,2 - : . a . Mereh pts... 1.,602,296,72%7.7 Ri 710.90 | $33,177,854 92 | nine months net earnings $2.550.168 . Gi ‘ " “x we | Mid West Corp | Gross Det. . 21.707 132 363. 130.560. 01 | re LIABILITIES “ vs &9. Ban C Sou : A Mid West wis | Def. 807.180.832. 48 Capital Stock: equal to 43 cents a share vs. $2- Kaufmann Df ~ 3 Noblitt Bal. 2.803.115 860 13 B40. 23340 referred $ 775,000 00 864.576 or 49 cents year ago. \ y Work. Bal JJ Jan ant. il 2 : : RL anym reverse $s HSY00 00 hic . 3 & : Sik ub ebht. 4 ( t sess s ser ses tans gli Silex Co. nine months ended Sept. Kyo Bo. 1% Gold Res 13.820.304.831.43 12.768.941.771.60 | LIABILITIES Surplus ceraems rene. '1D0.000:00 30 net profit $239.849 equal to $1.11 ; Comwlt h Fa Stn 315s 38 10 | Customs ‘“ 87.440,107.63 19493 ,620. Undivided profits 289,908 33

a share vs. $242268 or $1.12 year Lee Ru . 283 28% 98% — — Yrdiana Capital Reserve for dividend payable ah polis Clearing House Ap SURES Tress ereversevereeveee $1,950,000 00 ago. : | Clearines £2.706.000 | Surplus rrr 1250,000 0 | in common stock 375.000 00

“ Ves United Gas Corp. 12 months end- Curb Sto b | Debits Crit ies 6,038,000 | Undivided profits cvevesnnee 1,011,634 48 : ge in I ; L Crs ee Reserve for taxes, inter "940" $3,089,908 33 ed Aug. 31 consolidated net income xes, erest, ete... riven ey 249,205 4¢ Reserve for taxes, interest, contingencies, etc ~~ 232,241 98

n= 5 \ be 1 > 3 DEPOSILS ..vviverviivavenserivivrsvenere. 94 s axes, ) g 8 hr eel a It o20 ort | High Low Last Cnn LOCAL I RODUCE | 1701198 Reserve for dividend on preferred stock $7 second preferred vs. 311,02 : ! L Alum Co Am 1131, 112 21 113 : i \ " - 9 | $33.177 854 92 Acceptances and loviers of credit outstanding or 28 cents a common shate year Am Cyan B ... 28! HOY ol PL Tg Mad wu GURL Build it Interest collected but not earned ago; three months ended Aug. 31 Am LY Tr... : A 2c: hes :

arred and White Rook springers. | | DIBPOSIEL cesar seri a varransar BUD5A214:58 net income $537,443 equal to $1.19 Macy j

a share on 87 first oe VS. Manat: £2 196.900 or $1.59 on $7 second pre- Bar Rt Ry pr pf ferred. Ma sont 5 Corn > 5 May o .“h DIV IDENDS McCall Corp > » . McGraw El . Silex Co. extra 5 cents and regu- McGraw Hill |. lar quarterly 25 cents payable Nov. NE te 10 record Oct. 31. [McK & Robb bt { McLellan St . Met 1gel st pf

N. Y. Bonds |}

Ninn Nox ga BOND PRICE INDEXES | Monsanto Mont Ward . 2 M1 20 Motor Prod : : Motor Whi 1, El Bd. Sh 6 pf 36: Indus. Rails UL, “| Mueller 1, [Glen Alden .... §? Saturdae 3 608 ORO . | Reel Oil ‘i 30 Co ie 3X1 93.9 . i $ | Hecla Min... 10} Week Age ... a x " : Cea ‘mp O Can 1% 3% Month Age ..... 8 RAR 1% insur No Am... NH A Year Age 1, Int Petral 283g Twa Years 3

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228 N. Ala. “ i i ; 5 ie Lisait of Indianapolis Statement of Condition September 28, 1938

Condensed Statement of Condition at the Close BANKING DEPARTM EN] of Business September 28, 1938 Resources

NEEDS Cash on hand and with Federal RESOURCES Reserve and other banks.... : $ 9.088,886 05 A SAFE DEPOSIT BOX || United States securities 15.239.274 92 Cash on hand and due from Federal Reserve State and municipal securities. 5,153,631 07

Bunk tl bank Other securities 2,896,892 72 ALL SIZES | J Sl $ ron 0 Stock in Federal Reserve Bank 90,000 00

MODERATE RATES { Other bonds and securities es : 5 Loans and discounts .... 5.781.958 02 Stock in the Federal Reserve Bank ......... Hoy oo Bank buildings sy and equipment 1,096,606 74

270,000 00 9 Loans and discounts crvesvervese 13,960:303 97 Other real estate . ne 531,188 02 Overdrafts cree rrvray 6 Other IeSOUICeS ...veerrsviveee 73,296 95

AMERICAN NATIONAL BANK Bank building and equipment Sry Ta errs Oy. ah Southeast Corner | Other real estate owned Teee 1, $39,951,831 40 PENNSYLVANIA & MARKET STREETS i uy account acceptances .... a Liabilities ve Crete de vray Capital stodle 5 500000:00

TOM) covverevvisvrrnvvcviinraners renee $110,064,624 43 Preferred capital debentures... 830,000 00 Surplus and profits ........... 947,470 61 3,277,470 61

LIABILITIES Reserves Tiers scresssretestanne \ 259,150 92 SPENDID OPPORTUNITY | "Demand eis vavieim nisin enees +, 19.002,505 54

Capital cevesssavessvescesve vn $d 4,000,000 QO : teveess 16,851.962 58

FOR FOUR MEN | ed profits 1211110 1865,046 24 § 10.865 846 24 First-tien trust funds! [111010 03004 o Soils 8

1 NAPOLI I Rr Reserves . a. oth 1,000, $39,951,831 49 Early in October, the INDIANAPOLIS L a INSU ANCE COMPANY | nterest, taxes an 0 Tr Xpeonse es a u d : , will hold a LIFE INSURANCE SCHOOL FOR NE X MEN. This is the st I | I os unpaid er e Ses accrue

of complete Training, careful Supervision and Es given to new men. Dividend payable October 1, + 1038 re 30819 pe TRUST DEPARTMENT

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Indianapolis Life Insurance Company | sidosgperesmmsristey oni NOTRE Real estate trusts... 1.10. ] ‘5344108 3

vos Jetual Company Member Federal Deposit Insurance Corporation ! Member Federal Deposit Insurance Corporation

with Ae $105,000, of Insurance in Force. EDWARD B. RAUB, Pres. A. LE ROY PORTTEUS, Vice Pres,

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