davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
In the Cotton Markets
lBy Thomson & McKinnonl

NEW YORK, Sept. 18.-The cot
ton market was a professional affair
this morning. Most of the hedge
selling was done IN the first few
minutes and for the rest of the
morning, although the turnover
was on good scale; the business
was of an arbitrage nature.
At noon prices were at new lows
for the season and the range on
December contracts had been from
6.73 to 6.67. Ideal weather con-
tinues for gathering the crop.
In the south it looks like legiSla-
ton to cut the acreage about Is per
cent will finally pass in most of the
states. The trade does not seem to
attach much Importance to it.
Although prices look attractive
and may even now afford trad
ing opportunity on the long side, we
continue to feel that the time to
take on cotton as an investment has
not yet come.
We must wait until sure more of
the crop has passed out of first
hands.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
GRAIN FUTURES
WEAK DESPITE
STRONG RALLY
Wheat Closes Cent Lower;
Corn, Oats Move Off
FractionaIIy.
BY HAROLD E. RAINvHLE
United Press STAFF Correspondent

CHICAGO, Sept. 18.-There was
a strong rally shortly after noon on
the Board of Trade today in the
face of the extreme weakness in
stocks, but it did not last and the
market weakened. September wheat
held strong most of the session but
the continued weakness in stocks,
particularly steel, caused the late
sinking.
Corn followed wheat, the rally
being caused by an oversold posi-
ton revealed by short covering on
the large shipping sales, September
holding its gain. Oats averaged
lower.
News Is Scarce
AT the close wheat was Is to
cent lower, corn was Y cent lower
to 4 cent up, and oats were. I'M
changed to 5s cent lower. Provisions
we're off sharply on break in
lard.
Liverpool held steady during the
afternoon and closed q to * cent
lower. There was very little news
during the morning and trading
was very quiet. Cash prices were
Y to l cent lower. Receipts were
81 cars.
September corn held firm dIiril4g
the morning, despite the easing in
the distant months and at mid
session the market was unchanged
to Y cent lower.
Cash Prices Steady
The weakness in wheat weakened
the deferred deliveries. Rains over
the main producing sections were
disregarded. More than IS per cent
of the crop is out of danger from
frost, due to premature ripening.
Cash prices we're unchanged to X
cent lower. Receipts were Y cars.
Oats lost fractionally with the
other grains and was down Is to z
cent early, September showing
some resistance Otherwise the
market was dull and featureless.
Cash prices were unchanged to u
cen thigher. Receipts were 80
cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

NEW YORK COFFEE RANGE
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Deaths

Arthur Bailey, 3d. I'LL North New Jersey.
Fred shumaEer. 81. s9l7 North Capitol,
acute dilatation of heart.
Ralph Ira kaufman. 80, 243 East
Eleventh. chronic endocarditiS.
Willoughby Witherspoon. 70. Al West
Twenty-eighth. myocarditis.
Charles D. Trowbridge. SO, 1888 Fall
Greek. Bright'S disease.
William Nathan Masten, ST. 1915 South
Belmont carcinoma.
Mary Baird. 49, 948 Camp. acute lnyo-
John G. Marlowe. 76. 1925 West Thirty
third. cerebral hemorrhage.
patent foramen ovale.
Percivai o. Power. So 1920 Washington
Blvd. chronic myocarditis.
Matilda Bauer. g. 1925 North keystone,
apopleXy.
ninth acute splentis.
Margaret Josephine Moore. 4. Villa and
Southeastern. fractured skull.
Elizabeth Suess. II. BIT East Seventeenth.
carcinoma.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

New York cables opened IN Lonoon -
3.s7: Amsterdam. 12.0z: Italy. 1885. and
Berlin. 20.6o5.
General Foods Corporation earnings
in current quarter TO approximate those
Of % cents in September. 1880 quarter
Nine months. s2.S5 a share. against
S2.9S in same period Of 1880.
Philadelphia Company DECLARED the reg g
common stock. payable Oct. 81. record
Oct. l.
United States freight six months. ended
June 80. net loss sl8.ll6 after charges,
against a net profit Of s355.2es IN the
Cleveland Union Stockyards Company
declared the regular quarterly dividend OF
so cents on the common. payable Oct. l.
Puget Sound Power and Light and sub
S4 O6l .625 after taxes and charges. but
before depreciation. against 81. 49,. 236 in
year previous.
Montreal Light. Heat and Power Com
pany eight months ended Aug 81 profit
sS.40O.569 after ordinary taxes and fixed
charges. but before depreciation and in
come taxse, against s7.S93,453 in like
1880 period.
Buffalo. Rochester & Pittsburgh June
quarter net loss S7l.352 after charges,
against net income of $50, 439 in June,
1880 period Six months net loss $685.
against net income of Sl17.046 in like
1880 period.
lar semi-annuaI dividend Of 81 on the
preferred stock. payable Oct. /.
Manufacturers Trust declared the
regular quarterly dividend of so cents.
Daily average volume of Federal Re
serve Bank credit outstanding during week
ended Sept. 16, ST, 253, 600, 000 an increase
of s21. 900 900 over the previous week and
S245 900 900 over the like 1880 week.
Gillette Safety Razor Company, de-
clared the regular quarterly dividend of
$l.25 on the preferred stock
Brokers loans declined s54,oOOoOO in
week to $1.27l. 900. 900, new low. Nom
Brokers loans up $34, OOO, 600. Reserve
system ratio 1874 per cent. against 70 per
cent a week ago and 81 6 per cent a year
ago. New York ratio 1915 per cent, against
31.9 per cent and 845 per cent respective
ly. RediScount rate unchanged at lie per
cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Other Livestock
BIZ United Press

ny OHtt6U ET6SS
CHICAGO Sept Hogs-Receipts.
eSG nSdud pssn aoe sov oES f6ng isad
higher; 19O-280 lbs. $5.65@59O; top, $685.;
$50 lbs, $5.25; 140-1S0 lbs, $5.35@5 80;
pigs .$4.75@5.1O; packing sows, $3.90@4.75;
smooth sorts to sSG light Light ghts 4Q1S4
weight, 10000 lbs, good and choice, $3.50
a SOS; medium weights. 200-250 lbs, good
and choice, S5.75@5.95; heavy weights, ESQ
$50 lbs. good and choice. $5@5.9O; packing
s0wS 27S5Oo lbs medium and good $3.50
and choice, $4.5o65.25. Cattle-Receipts,
1900. calves, 700; slow, about steady on
all classes; grassy and short fed steers
mostly of southwestern origin comprising
slaughter cattle and vealers: steers 60O-eO0
lbs, good and choice, $7.2509.75; 900-1. 100
lbs, good and choice, .$725@s75; LOO
1901 500 lbs good and choice. $7@975;
1.000-1. 800 lbs, common and medium,
$3.75@7.25; heifers. 55O-s5O lbs, good and
choice. $6.7509.50 common and medium,
$sm67S; cews' good and choice, $s.75@6:
cutter and cutter. $1.5o02.75; bulls year.
nngs excluded; good and choice (beeD,
S4.25@ $50. cutter to medium S36425;
05s milk fed good and choice, s8@
s4.50@7; stocker and feeder cattle: steers
5O0-1 $50 lbs. good and choice $5.2567:
common and medium, $3.50@5.25. Sheep
Receipts. $1,000; mostly steady; early
SIS, to packers; best held above, $3.50:
good Montanas, Sc; native throwouts. S375
"a, slaughter sheep and lambs: lambs
80 lbs down good and choice, s575 a 6S5;
sS.25@4.5o; ewes, sO-15O lbs. medium to
choice: $1@225; all weights Gull and COM
mon, 50cd$1.5 so: feeding lambs, 5O-75 lbs.
good and choice, $5.25@5.s5.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BrightSpots
of Business
BY United Press

BY United Press
NEW YORK. Sept. 18.-Earnings of
Reynolds Metals Company for August and
for the first eight months of the year
we're ahead of the like 1880 period &C
cording to the president.
CHICAGO-Return to prosperity is fore
cast by a is per cent increase in mail
handled in the larger cities to near the
volume handled two years ago, according
to assistant postmaster General Arch Cole
man.
MONTREAL-MOntreaI Light Heat
and Power Company reported for the
eight months ended Aug. 81, profit of
SS,4O0,569. against $7,893.453 in the cor
responding period of 1880.
WASHINGTON-E Employment and pay
rolls in the radio manufacturing industries
were larger in July than in June.
VANCOUVER, B. C.-British Columbia
Power Corporation and subsidiaries re-
ported for the fiscal year ended June 80,
net profit of S2.436,816 against S2.186, 1874
in the preceding year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
WINKLER'S TRIAL SET
Suspect in S2,5OO,OOO Robbery En-
tiers Plea of Not Guilty.

BIZ United Press
LINCOLN, Neb., Sept. 19.-GuS
Winkler, ST. Louis, suspect in the
$2,500,00O Lincoln National bank
robbery, stood mute Friday when
arraigned.
Municipal Judge Polk entered a
plea of not guilty for Winkler and
fixed bond at 100000. The same
was set for Howard Lee, Tom
O'Connor and Jack Drift, three 9TH
er suspects.
Winkler's trial was set for Oct. 9.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Other Livestock
BIZ United Press

EAST BUFFALO, Sept 1s.-Hogs on sale
$500; active to all interests; strong to l0c
over Thursdays close; bulk desirable 180-
s6.15 and $500; 16O-17O lbs, s5.75G6: 13O-
$50 lbs. $5506585 Cattle-Receipts. 300;
plain grass steers and cows predominating !:
fairly feshy grassers, $3.50; cutter cows.
S1.50@2.75; medium bulls, s4d4.25. Calves
Receipts, 375 vealers active steady to
soc over Thursdays uneven decline: good
to choice. $l0M10.50; common and me-
dunn. $86350. Sheep-Receipts 1850;
lambs active firm good to choice eve and
wether lambs largely $3.50; medium kinds
and fat bucks S625 to mostly $3.50: throw
outs. $3.50 and down; fat ewes, S1.5002.25.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Births
BOYS

Oakley and Julia Lowe. s05 Yoke.
Carl and Martha Engmark asa North
Mount.
Arthur and Sara Rose. Methodist hos
pital.
pital
Lowell and Dorothy Parsons. Methodist
hospital.
Marshall and Katherine Evans. 1921 Al.
ton.
Girls
Raymond and Florence More. Methodist
hospital.
Jacob and Rose Borinstein. Methodist
hospital.
Ward and Mabel Brim Methodist hos
pital
Charles and Freda Chalfin. 1886 Eugene
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

CLEVELAND. Sept. Hogs-Receipts
LOO: holdover. 16ls slow, local demand
lower to price basis; l6G-260 h. sorts, SIS;
$50 lbs. down. s565.50. according to
weight. Cattle-Receipts, $50; little
change: but still a peddling trade on
grass steers: scattered sales light; common
to medium. s4@6; bulk, S5.25 upward; bulls
sausage bulls, $3.50 down. Calves-Receipts
200; vealers. strong: better grade fairly &C
tive at $40 to $1,000; best quoted higher:
medium. $8.50N9 or above: cullS down
ward to Sc and under Sheep-ReceiptS
1000; uneven mostly steady; bulk lambs
s6.75G7: strictly choice package $3.50:
ewes. $50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
By Times Special

LOUISVILLE. Sent. ACKNOWLEDGEMENTS
200: slow steady: bulk best slaughter steers
and heifers. s596.5o: common down to ST.:
best slaughter cows. s3;25G4: bulls. $3.50
few light stockers to $3.50: calves. $50:
best light vealers, so cents higher at s8
81 down. Hogs-Receipts. 500 SC lower
1920 lbs. $50: 240-300 lbs. SIS. 10: 800
lbs. up $500; 130-t75 lbs $500 1870 lbs.
50. Sheep and lambs-Receipts. $50
steady: best fat lambs. SIS so; buck SIS So
slaughter ewes. So down: breeders. mostly
SCAT per head. Thursdays shipment
Cattle. 139: calves. 100: hogs. 129: sheep
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

PITTSBURGH, Sept. 1s.-Eogs-
ceipts. 2.250; market slow steady to 1Oc
lower: 1S0-240 lbs S6Q615: 25O-2s0 lbs.
$5.65@5.s5;- 14o-17o lbs. IS .4o@5. 90; pack,
ing sows. I5@25c lower; better grade, So IS
64.25. Cattle - Receipts. rs; market
nominally steady. Calves-Receipts, 100
choice vealers strong to SOC higher; Others
steady to weak; choice vealers mostly $40
q so; medium to good grade, Sc. SOFAS. so
choice to good grassy calves, s366. Sheen
Receipts. 1900; market steady to weak;
choice handyweight lambs, S7.2567 so; me
dunn grade around. $3.50
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
HOOVER LAUDS PRESS
Sees Accuracy as Factor i'm Promo
ton of Good Government.

BIZ United Prcs1
NEW YORK, Sept. 19.-Democ-
racy can not function except when
1t is accompanied by a free and
constructive press" according to
President Herbert Hoover. He
made his observation in a letter
to Adolph Ochs of the New York
Times on occasion OF the papers
eightieth birthday.
ANY newspaper, great or small,
that accurately disSeminates in
formation aids in the promotion of
good government and in the sound
development of the nation" the
Presidents letter said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
By United Press

CINCINNATI, o.. Sept. 18.-HogsHRe-
ceipts, 26oo; heldover, 700; opened slow,
at standstill, with bids up to I5c lower:
few early sales 200 to $50 ID. averages,
$3.50; late bids, S575; some 1870 to 200
lbs. $3.50; $50 to $50 lbs, $40; 100 to
$50 lbs, s5@525; sows. S3.50@425. Cattle
Receipts, 275: calves. $50: very slow,
around steady; common and medium
steelN and heifers in peddling trade at
$t@6; few better finished kind upward
TO S775; no good fed kinds offered most
beef cows. $3.50 to $3.50: low cutters and
to ,$235; some downward to 81 so or below:
bulls. s4.25 down; good and choice vealers
IN good demand at steady prices mostly
500; lower grades draggY, largely So
down. Sheep-Receipts. 500: slow, steady;
better grade ewes wether lambs stat. so:
lots and buck lambs. S55006. fat ewes
largely $3.50 downward
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
United Press

CHICAGO. Sept. Eggs-Market easy;
lsc: current receipts. 16d17i3c; seconds,
lod 14lac. Butter-Market. steady re-
firsts. 2TIsd 2slsc: firsts. 25626c; seconds.
2sd Gao: standards. 2sAc; Poultry-Market
about steady: receipts,. cars; fowls; l7M
ducks, i46i7c: geese, 13c; turkeys, l7@20c:
roosters. 12Isc: broilers. 2 lbs. l7@2oc:
broilers under lbs. lI@2Oc; Legnorn
Young Americas. l5s4616c. Potatoes-On
tracks. 23s arrivals. "a; shipments, 53i;
market, dull: wisconsin Cobblers. e0cQ
81 OJ: Minnesota cobblerS. 85G95c; Idaho
triumphs S1.l5Ml.25; wyoming triumphs.
sl25@l.35: Idaho RussetS; 81 ;soTl 80:
Minnesota Red River Ohios, $l05G l.20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BIZ United Press

CLEVELAND. Sept. .-Butter-Extras,
3Siac; standards. 32i4c: market. steady.
Eggs-Extras. 24c; hrsts. lsiac; ordinary
tirsts, lac: market, weak. Poultry-Heavy
fowls. 23624c: medium 22c: Leghorn, i5G7
iSc: heavy broilerS. 20623c: light broilerS.
l5G19c: ducks 126lSc: old cocks, 40
&C. market steady potstoes-Ohio
Cobblers. mostly 75c per bushel sack:
Me- JERSEY Cobbiers. mostly. $3.50 Per
l50-round sack: Long island Cobble-s.
moS.lv Sa.ie per i50-pound sack. Idaho
F;isse. rsi-banSS. s3..5e2.7i per 100
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

CINCINNATI. O.. Sept. 1s.-Butter-
score. 2TG 2ec: common score discounted.
26Sc packing stock No 1. 2lc; No. 2,
isc: No 3. l2c: butterfat. 25G27c. Eggs
Steady ceases included, extra firSts, 22c;
2Oc Live poultry-Thin and coarse stock
sen only at heavy discount; fowls. 5 lbs.
and over, 2ic: lbs. and over. Ice; lbs.
l5c: ROSTERS lie: broilers. colored ! 10.
and over. 23c: u lbs. and over. Csc; ?
lbs. and over. zoe; fryerS, lbs. and over.
ers ID and over. 23c: = lbs. and over.
Csc; lbs. and over. tic; black springers.
l5c: roasting chickens. lbs. and over.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BIZ United Press

TOLEDO. O.. Sept. 1s.-Close: Elevator
prices. Wheat-No. red. 54655c. Corn
No. 2 yellow. 50d5lc. Oats-No. white
26i2 271sc; old oats, 394c premium. Rye
Wheat No. red. 4s1a a 9c; No. l red
1c premium. Corn--No. yellow, 45Q
46c; No. 3 yellow, 44Q45c: Oats-No. 2
white 23ia624Iae. No. 3 white, 2l12 a 24c;
old oats premium 3m4c. Clover-Prime,
SITS; Oct.,. $7.75; Dec So Feb, s8.25.
Alsyke-Cash. S77T; Dec. So: Feb, s8.25.
Country run. l7421c Hay-Timothy
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Tinted Press

CHICAGO. Sept. 16.-CaSh grain close:
wheat-No. 2 red, -50Is a5l14c; No. red.
zslsc: No. 2 yellow hard. s0s4 51l2ci
sec: No. mixed, 51i2c No mixed. 5ok
aisle. corn-No ? mixed, asa 45Hc: No.
mixed. 44644s4c; No. mixed. Ale; No.
No. 3 yellow. 45c; No. 4 yellow. 44A c;
No. ! white, 4Ti4: No. white 47647Ac;
No. white. As. Oats-No. white, 23i9
i5c Rye-No. 3 46l5c. Barley-50G sec.
Timothy-S34 o63.66. Clover, $io.75G
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
STOCK SHARES
FORCED DOWN
TO new LOWS
Heavy Selling Sends Issues
OF | to IL Points in
Late Trading.
Average Stock Prices

Average Of thirty industrlais for Thurs
day i2l.7e, 40 $50. Average Of twenty
rails 57+e ~ up ;H-,o Average Of tT,e vent,
bonds 9095. I'D o.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Net Changes

By United Press
NEW YORK, Sept. 18.-Closing
prices and net changes on principal
stocks traded today on the New
York Stock Exchange follow:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Produce Markets

Eggs country unl-Loss of delivered in
Indianapolis. tic; henery quality No. !,
18c No. 2. 12c.
Poultry Cbuying pricesl Hens weighing
horn hens. 13c; 1880 hroilers. full
feathered. 3ia lbs. and up. 1sc; under. 2lc;
bareback 12c; Leghorn broilers. 16c;
spring chickens lbs. and over. 1Sc; UNI
der lbs. .lsc; old cocks. 5000: ducks.
full feathered &C; geese, &c. These prices
are for No. top quality quoted by Kinsan
Butter twholesalel-No. l. s4@35c: No.
. 32m33c.
Cheese wholesale selling price per
poundl -American loaf 25s4c: pimento
loaf. 2534c; wisconsin flrsts, 19c: Long
horns. 19c: New York limberser. SOC.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
By United Press

market. steady: heavies. S5M5.25: mediums,
s.. 25@5 $50; workers. s5@525: pigs. S5q5.25.
Caives-Receints. liberal: market 81 lower:
top. S10.25. Sheep-Receipts. light: market.
steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
New York Stocks
tBv Thomson & McKinnon1
BgUnited Pres

~ United Press
NEW YORK, Sept 18.-Stock
sales on the New York Stock Ex-
change today totaled 2,9OO,OOC
shares. Curb stock sales totaleo
$4,000 shares.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BIZ United Press

NEW YORK. Sept. .-Potstoes-Mar-
ket. weak and lower; Long Island, 5ocep
quiet and weak Jersey baskets, 50c@Sl %;
southern baskets, .35@s5c, Flour--Market.
steady; spring patents. s4.40@4.7S. Pork.
steady: middle west spot. OTTO .078c. Tai
low-Market. quiet: special TO extras,
o2la@;0294c Dressed poultry-lMdarSe
broilerS. 20G33c: fowls 12628c; ducks,
Long Island. 1491sc. Live .poultry-Mar-
ket.. steady. geese. l3dl5c; DUCKS. 20@ Soc;
l46l5c: chickens. 16@28c. Cheese-Mar-
ket. quiet; state whole milk. fancy to -spe-
cial. 10 25iac: Young Americas. l6l2et
Tic
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BY ELMER G. WALLER
United Press Financial Editor

NEW YORK, Sept. 18.-The stock
market today experienced one OF
the widest breaks in a year. Prices
shot down l to IL points. London
stocks broke sharply, leading secur-
tiles losing 64,0OO,OOO pounds ster-
Ling ia valuation; Amsterdam prices
reacted. Cotton futures made new
lows since 1904; grains declined for
the day.
Selling in stocks was general
througout most of the day. 1t was
traceable to other than bear sources.
Reports had it that banks and in
surance companies were unloadirs
weak stocks. German bonds had an
other severe setback as did rail-
road bonds.
A crash in Sun Life assurance
from $50 bid to $50 bid featured a
weak insurance stock list on the
over She-counter market. Other in
suance issues crashed l to 20
points. Bank stocks slipped down
moderately.
Rails Hard Hit
Leading stocks made new lows for
the bear market Leading rails
were hard hit as we're the highest
grade industrials. Mercantile shares
went down with Woolworth dipping
to a new low at 581s, off 37s. To-
bacco shares shot down; American
issues losing points on reports
cigaret production would show a
sharp reduction in the next reports.
New lows for several years were
made by United States Steel at tn,
off 81 from the previous close;
American Can 1924, off Az; Amer
lean Smelling %, off 3B; American
Telephone 1864, ex-dividend, 61A;
Case 441s, off l; Consolidated Gas
795s, off 312; Corn products SOS, off
35s; Eastman Kodak 118%, off T.;
Western Union 95h, off Az; West
inghouse Electric 467s, off 31s, and
Woolworth 581s, off 37s.
Among the railroad shares max
ing new lows for many years we're
Atchison 109%, off 61s; Delaware,
Lackawanna 81 Western BOZ, off
81; Southern Pacific 58h, off 5h;
Missouri Pacific preferred 2912, off
SIS; Union Pacific ia, off 9, and
New York & Harlem 145, off 3.
Others Of the group lost l to 5
points.
Issues at Lowest
All the Dow-Jones averages we're
driven to new lows for the bear
market. Selling persisted to the
close and the majority of issues
ended the day at or very close to
the lowest levels in many years.
Trading was active on the downside.
The market was under the in
fluence of foreign news most of the
day. The street was of the opinion
the British government would not
be able to handle the financial stu
alton and that a new election would
have to be resorted to- Signing Of
the German standstill agreement
on German credit worked against
the market also since it contained
clause releasing IS per cent of
foreign credit, a factor that tended
to work against German bonds.
According to preliminary calcu-
lations, the Dow, Jones g. Co. in
dustrial average declined 668 points
to 1858, rail average declined 343
points to 58.97, and the utility
average was off 2.34 points at 1888.
Sales totaled 100000 shares,
compared with 100000 shares
Thursday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Local Wagon Wheat

CITY grain elevators are paving 40c for
No. 2 red wheat and S9c for No. hard
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Bn Times SpeciaI

CHICAGO. Sept. iS.-Primarv receipts:
Wheat. zoos. 900 against 1886. 600: corn.
303. 600 against $4,000: oats. 2e5. 900 against
SAT. 900. Shipments = Wheat. 1.4110 600
against 962 900; corn. $4,000 against $780,
900: oats 100000 against 24s 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
BIZ United Press

,o Fl. WAYNE. Sept. 1s--Hogs. 1oc higher;
lbs, s5;45; 10000 lbs. s5.55: 2O0-225 lbs.
$3.50: 225,25O lbs $5.75: 250-275 lbs, SIS IS:
275-300 lbs. S5.55: 300-350 lbs, S5.25:
roughs sS75; stays, $3.50; calves. Sc:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
Inspections

Wheat-No 2 red. cars; No. red. 2
cars; No. 2 hard, car: Total. cars.
white. car No. yellow. cars; No. 8
yellow. IL cars; No. yellow. s cars; No. 5
yellow: ? cars: No. s yellow; cars; sam
Oats-No white. l car; No 2 white, 6
cars; No. white. 19 cars; sample white,
l car; No. 2 mixed. cars. Total, 20 cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
New York Bank Stocks
(By Thomson g. McKinnon)
SAINT Il
Cash Grain

Sept. 10
The bids for car lots of grain at the call
of the Indianapolis Board of Trade, f. o. b
shipping point. basis l2c New York rate
were:
Wheat-Steady: No. l red. 4SG44c; No. 2
red. 400 43c; No. 2 hard. 42643c.
orn-,Steady: No.. white, 41@42c;
No yellow, $40 3sc; No. mixed ala
$50: No. mixed. 37638c.
Oats-Steady: No. white. 10000: No
white. 18Ml9c.
HAY f. O. b. country points taking 23iaC
or less rates to Cincinnati or LOUISVILLE
Steady; No. l timothy S7@7.50; No.
timnthY Sf66.5n.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19
TREASURY STATEMENT

Sept IS
Clearinqs OBSERVATION-DISCLOSURES. so4 200 90
Ralsnces ............ 5 600. 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-09-19

Sept. 1S-
Net balance for Sept lG.. S652 S6l gig So
Expenditures .........:.:... 26,004. 856. Z
customs reefs mo. TO date. l8,olS.5S63O