davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
BUSINESS LOANS
RISE SHARPLY
Increase During Week End
ed Sept. 5 Brings Total
to S1,612,OOO,OO0.
By Times Special

by imeS cpecfQt
NEW YORK, Sept. 10-Advances
to business, as represented by all
other" loans, of reporting federal
reserve member banks in New York
city rose $81 100000 during the week
ended Sept. 5, according to the con-
dition statement issued recently.
The increase, which brought the
total of such loans to $1,612, 900,
was the SharpeSt in some time.
A large part of the expansion, 1t
is believed, represented a growth in
the volumns of commercial paper
outstanding at the end of August.
While official figures on the amount
of this paper in circulation have
not yet been issued, leading dealers
said that the report when released
will reveal a sharp rise.
The weekly report of the federal
reserve system as a whole revealed
a decline of $22O,000,000 in member
bank reserves, which had a conse-
quent effect on excess reserves
throughout the country. This de-
cline was a result of holiday de-
mands for currency, a drop in mon
etary gold stocks and a sharp ex-
pansion in the treasury's holdings
of cash and deposits with the fed
eral reserve banks.
Money in circulation rose $74,000,-
900 during the week, representing
the increased needs for the Labor
day holiday. The $18,000,000 de-
crease in monetary gold stocks re-
fleets the movement of the yellow
metal out of the country following
the upswing in the value of the
French franc to the point where
gold exports were profitable.
Loans to industry made by the
federal reserve system increased
$l12,OO0 bringing the total to 1922
900. At the same time commitments
to make advances rose from $134,-
900 to $491 ,000
A drop of 500, 213,000 in gold GER
tificate reserves was shown by the
Federal Reserve Bank Of New York,
mirroring the transfer of funds to
the interior and the outward flow Of
gold. Holdings of United States
government securities were I'M
changed, but member banks in this
area reduced their holdings by $685.
100000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
INCREASE FORECAST
IN COTTON OUTPUT
Years Crop Estimated at
9,252,OOO Bales.
By United Press

by CHtttU EftSS
WASHINGTON, Sept. 10.-The
department of agriculture forecast a
1884 cotton crop in the United
States Of 9,252,000 bales, based on
conditions as of Sept. /.
The estimate represents an in
crease of $1,000 bales over the fore
cast on Aug. l during the height of
the drought.
The predicted crop is 3,795, 900
bales less than last years and
5,41400O bales less than the aver
age production in the five-year Pc
Rod 1923 to 1882.
An average abandonment of 2.8
per cent was reported making the
acreage remaining for harvest IT,
241,000 acres. The predicted yield
an acre for the United States is
1926 pounds compared with an
average of 1899 from 1923 to 1882.
Improved weather conditions dur
ing August bettered cotton prospects
in all states east Of Alabama. These
increases, however, were partially
offset by decreases in states west of
Alabama.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
STATE AND MUNICIPAL
FINANCING DECREASES
August Amounts, Including PWA
Loans, Fall Sharply.
Times Special

~ imeS special
NEW YORK. Sept. 10.-State and
municipal financing during August
totaled s48.2e3, POP including S3,116.-
$40 of PWA loans as compared with
s134509 ,290 during July dncluding
$40 996.57S PWA loans) according to
The Daily Bond Buyer. of New
York.
The total for August Of this year
also included an RFC loan of S22.-
100000 to the City of Chicago. The
total for August, 1888 was s110.-
S65.276. including STA, 656,000 PWA
loans.
The total for the first eight
months of this year is 1896 ,097 ,634
as compared with s467 ,57s,176 dur
ing the same period of 1888. These
figures include all RFC and PWA
loans.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

Instead the treasury offered new
bonds for its outstanding obhga-
tions. If all the securities are eX-
changed it will save S12, 500, 900
yearly in interest charges.
The big program embraces s524,-
TAB, 800 in IL per cent certificates
due Sept. Is and S1,250,000, 900
Fourth Liberty loan Az per cent
bonds. Holders who do not want
new bonds can take cash.
Interest to Start Sept. Is
Certificates holders may have new
IL per cent two-year notes. Lib
erty owners may take 81 per cent
ten to twelve-year bonds or four
year 212 per cent notes.
The government offered several
inducements to those making the
exchange.
Both the notes and the new bonds
offered have been selling in the
open market around 100&, which
would make a q -point profit for
those effecting an exchange. In
terest on the new securities will be-
gin Sept. Is and interest on the
Liberties will continue to Oct. 10,
giving holders making the swap an
extra months interest.
The option of long or short term
securities was given in an effort
to refund as much of the issue as
possible. Banks not caring to tie
up their money in long term obli-
cations may take the short term
notes. Investors wanting long term
investments and higher returns can
take the bonds.
The refunding operation ends the
governments financing problems
until Dec. Is when 1892, AGE, 500 OF
"a per cent certificates fall due. II
it is successful and too many hold
ers do not demand cash, the gov
ernment's $2,1O0,OO000 cash bal
ance plus tax receipts is expected
to cover spending until then.
U. S. May Raise Debt
Possibly $5,O0O,0OO,0OO of new
money, however, in addition to re-
fund operations, may have to be
borrowed by the government by next
June. This would carry the gov
ernment's debt to the $4,000, 900, 900
peak set by President Roosevelt
from it's current level of $27,053,-
641, 343.
In addition to the $5,0O0,OO0,0 900
in new money to be borrowed, it was
estimated the government would
have to refund $5,OOOO00,0OO of
maturing securities between now
and next June 30.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
WOMEN'S AUXILIARY TO
BANKERS GROUP SET
Marion County Association Holds
Annual Fall Outing.

Organization of a woman's auxil-
iary was the feature Of the annual
fall outing OF the Marion County
Bankers Association at the Colonial
hotel. Lake Manitou. Saturday and
Sunday.
Officers Of the newly formed group
are Mrs. Timothy P. Sexton. preSi-
dent; MeSdames Frank Brady,
George Bowen and Val Schneider,
vice-preSidents; hrs. Arthur era
ven. secretary. and Mrs. Robert
Smith. treasurer.
Swimming. card parties and dane
ing occupied the bankers and their
families during their two-day fes-
tival at the Indiana lake. Timothy
p. Sexton was entertainment COM
mittee chairman.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
PLANS FOR C0RN-H0G
ACT ARE DISCUSSED
Representatives From Six States
Attend Meeting Here.

Plans for a corn-hog adjustment
act in 1885 were discussed today by
corn-hog contract holders at a re-
gional meeting in the Claypool.
The livestock feed situation also
was discussed at the session in
which representatives from six
states. indiana. Illinois. Ohio. Niichi-
gan. Kentucky and Tennessee, were
present.
officials OF the agriculture adjust
ment administration attending the
meeting we're DR.. A. G. Black. chief
Of the corn-hOg section; Clauce r.
Wickard. state senator and aSSoci-
ate in the corn-hog section; Dillon
Myer OF the compliance section,
and q. B. Thorne. senior agricul-
ture economist.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Produce Markets

Delivered in indianapolis prices: Heavy
hens, lac; Leghorn hens, &c; 1884 broilers.
to lbs and over. 1Oc: bareback broilers.
10c; old ROSTERS. SC; ducks, &c; geese. SC;
young guineas zoe; old guineas. 15c: No. !
sc Each eS fu PO case must ~sgh 1888 s. S5
gross; a deduction Of 10 cents pound
for each pound under s. lbs. VIII be
made. Sutter-No. l, 28d 29c. Butterfat.
23c Quoted BY the Wadley Company.
(By United Press
firm; receipts. $500 cases: extra flrsts,
22iac; fresh graded frsts. 22c; current re-
eeipts. lga26lac;- diTtie;ss No. l. l5c; n, No.
Butter-Market. unsettled: receipts, 1920
tubs; extra frsts (9O-s1 2 score, 29 ao
2412c; extras l92 score, Csc; f1rsts. 30
standards. 24l2c. Poultry-Market about
steady; receipts, II trucks; cars due
geese. l2d13c; turkeys, l3aljc; old
Toosters. lie: hens heavy, 18c; medium,
lac; ducks, 12d15c; springers. 1eglsc.
lac. Potatoes-supply moderate; demand
and trading slow on account Of Jewish
holiday market stronger; Wisconsin
G9 5PIs North 10G paS soa' Trumphs. si75
Washington Russets. combination grade.
ST 10; New JERSEY Cobblers. U. S. No. 2,
90 cents; Idaho Russets sl'75a l;95. com com
c claaiiSa sls55 5oS' -'''' y A''''
CLEVELAND. o., Sept. o-Butter-Mar-
ket weak; extras 29c ID. in tubs, stand
ards 2sizc. Eggs-Market, STEADY; extra
white 24c doz; current receipts, 2lc
Poultry Live Market firm; fowls colored
4lz lbs and up. zoe; old ROSTERS, l2c;
ducks white lbs. and up. tic. Potatoes-
New jersey. sl.3061.35 i00-lb. bag; Idaho.
s2d215 1Oo-lb. bag.
NEW YORK. Sept. 1O-Potatoes-
Steady; Long Island, 40cdsl.05 bag; New
Jersey. 5GC6s1 bag Sweet Potatoes
Quiet; Jersey. basket, 75c6s175; Southern
Dbl. sI5063.50; Southern basket. 4Ocl
$3.50 Dressed Poultry-Steaoy TO hrmi
turkeys, 191 SAC: chickens. 1OI 23c; broil-
ers i6G 23c. fowls l0G2Ic; Long Island
ducks, l4Gi7c. Live Poultry-Steacy,
geese, 56 Zoe; turkeys, la 3ci ROSTERS
f2c: ducks. 12Gl9c; fowls. 12q 2lci
chickens, 2ld25c: broilers l2g24c. Cheese
Quiet: state whole milk. fancy 70
specials. l9d2oc; Young America. II
1494c Butter-Receipts 1851 packages:
market. hrmer; creamery higher tnan
extras. ISL a 26c; extra 1872 scorei. Z9c,
first 90 to 81 scorel. 24l40 24ssc; hrsts
ess TO SO scorel. 1914 a 2334c: seconds; Y a
n 23c; centralized 90 score, 24Ec;
centralized ls8 to SO scorel. 23A % c;
centralized "a to 81 scorel, 22iz q z3c.
Egg-Receipts. 1852 cases; market, STEADY.
special packs including unusual hennery
selections. IS 28c: standards. 24izc. hrsts,
PA y &c; seconds. 21G21izc. mediums
q a2lizc; dirties. 1d2lizc checks. lIa
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
FREIGHT TRAFFIC GAINS
Car LOadings Show Advances Over
the Previous Week.
BIZ Tim e. Special

Dy tWts HptCtut
CHICAGO, Sept. 10.-Rail freight
traffic, though indicating losses
compared with a year ago. con-
tinued to show advances over the
previous week today as leading roads
reported for the week ending Sept. l.
Pennsylvania handled 84,733 cars,
compared with 80,140 in the pre-
vious week. but 102,9S5 in the CORE
spending week in 1888, while Union
Pacific moved 14,146 cars, 416 above
the previous week.
Baltimore & Ohio moved SO, $50
cars, an increase Of 1,051 over the
week before, but a decrease Of 1889,
as compared with the same week
last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
OLDSMOBILE SETS NEW
RETAIL SALES RECORD
August Business Exceeds Last Year
By 137 Per Cent.
By Times Special

By Times Special
LANSING, Mich, Sept. 10.-Olds-
mobile retail sales in August set a
new record and exceeded those for
the same month of 1888 by 1877 per
cent, D. E. Ralston, general sales
manager, has announced.
There has been an actual upward
trend in sales recently, with the
volume for the last ten days of last
month exceeding that for any pre-
vious ten-day period this year, Mr..
Ralston said.
August sales total exceeded that
for August, 1929, when the company
had its best business.
The plants here will continue
operation on a two-shift basis this
month, officials said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
FRUITS AND VEGETABLES
tRv United Pressl

CHICAGO. Sept, 10.-Apples- Michigan
wealthies bu.. ~ inch. 81 IS; Wisconsin
az Observation-Disclosures. u Of baskets
356 soc; Wisconsin 50f 75c; Ohio. soc q
81. Sweet Potatoes-Tennessee. bu,. Sl.lS
alas. Peaches-Michigan. bu., Slq2. Let
Ohio. basket, 40c. Beans-New Jersey.
bu, green. 81: Illinois, 75c9sl. Cabhage
nois. sacks. 25d5oc. csrrots-ulinois. bu,
plant-Ilfinois. bu. 5od 65c; best. Celery
-Michigan. crates (sQuaresl 404 55c; fats,
sea Soc NEUTRALITY-SUSPICIOUS., cradles
Sl25G135. Grapes-Michigan. Concord.
baskets OTIS 15d lie. Onion market $50
10. sacks: Washington yellows 81 05i
Michigan yellovs, 7sd s5c: Idaho whites
sll56 20 Idaho yellows. slGl.i0.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
GRAIN FUTURES
UNSETTLED IN
LIGHT SESSION
Weakness in Foreign Trade
Creates Selling at
Chicago.
BY HARTMAN W. NICHOLS
United Press STAFF Correspondent

CHICAGO, Sept. 10.-EasineSs in
foreign grain prices unsettled the
market in the Chicago Board Of
Trade today. Prices were un-
steady.
Wheat started u cent lower to \
cent higher. Corn was off = TO
y cent, oats were of y to 3 cent
and rye was i TO Is cent higher.
Liverpool, Rotterdam and Buenos
Aires showed a tendency to lean to
the downside and this item brought
sellers into the local pits.
There was little activity, however,
and most traders stayed close to
shore, watching developments.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
NEW DEAN NAMED FOR
LINCOLN LAW SCHOOL
Edward F. New, Attorney, Will Head
Legal Department.

The appointment of Edward F..
New, Indianapolis attorney, as act
ing dean of the Lincoln university
law school was announced today.
Mr.. New, a former president of
the Young Lawyers Association,
has been connected with the facul-
ties of the University Of Maryland
and Georgetown university. and he
has been president of the Indian
apolis Aero Club. He will continue
as an instructor in the school.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
AUTO OUTPUT SHOWS
INCREASE OVER 1888
Production in First Eight Months
Totals I67, 4O7 Units.
By JHifCd Press

81 JHifC1 Press
NEW YORK. Sept. 1O.-Automo-
bile production by members of the
National Automobile Chamber Of
Commerce (all leaders except Ford
for the first eight months of 1884
was 10 per cent over the total for
the entire year Of 1888. the chamber
reported today in announcing its
August production estimate.
August production by members
was estimated at l67.4O7 units, a
decrease of Il per cent from the
173I72 cars produced in August,
1893.
Eight months production was
placed at I.64O.230 units. an increase
of ~ per cent over the ll55,429 pro-
duced in the corresponding period
of 1893.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
u. S. STEEL SHIPMENTS
CLIMB DURING AUGUST
Increase of 8,O35 Tons Reported
Over Previous Month.
BIZ United Pre-.

By Onited PFeSS
NEW YORK, Sept. 1O.-Ship-
ments of finished steel products by
the United States Steel Corporation
in August totaled 378,023 tons, an
increase of 8,O85 tons from the $685.
938 tons reported for July.
The increase was unexpected.
Estimates published recently anti
cipated a decline ranging upward
to $4,000 tons.
The August total compared with
668, lis tons in August, 1898; 291,688
tons on August, 1882, and 573,372
tons in August, 1881.
For the first eight months of 1884
shipments totaled 4,426,856 tons,
against 1881 1877 tons in the CORE
spending period of 1888, and in
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Local Insurance Man Leader

L. S. Shafer, 405 New City Trust
building, manager of the local
agency Of the Ohio State Life In
surance Company, was listed today
by the home Office Of his company
at Columbus as being among the
leaders in business turned in dur
ing August.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
DECLARE CASH DIVIDEND
Perfect Circle Co. to Pay so Cents
a Share Oct. /.
BIZ Times Special

By Times SpecfQt
HAGERSTOWN. Ind. Sept. TO-
Directors of the Perfect Circle Com
pany declared a regular quarterly
cash dividend on 162.500 shares Of
outstanding stock.
The dividend. amounting to so
cents share viii be payable Oct. l
to stockholders OF record Sept. 10.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

CHICAGO. Sept. s.-Cash grain: Wheat
sampleg rade, $iO3is: No. hard Sis:
No 8 hard ST 1879: No. 8 mixed $1.O712.
Corn-No. yellow. 82h qS2la; No. 2 vel,
white 86l4c: No 2 white. S6G 86lac; o.
white 831ac. Oats-No. 2 white 5slz
G59c: No, 3 white: 56@gs5,7 ,ac' No; :
Ouotable 8Oc@sl25. Timothy-sl6 500 10.
clover seed-sl6G2l So Cash provisions
Lard, SO AZ: loose. $3.50: leaf. $1,000; bell
lies. Sl3.92.
TOLEDO Sept. 8-Grain close: Grain
in elevators transit billing) Wheat-No.
red. $1,000 /. 90. Corn-No, 2 yellow; IS
a acc, Oats-No. 2 white Goa Sic. Rye
No 2. ls687lac. Track prices. 24i2c
rate. Wheat-No, i red. sl.049 ], o413;
No. 2 red. s1O3@1. z. Corn-dMo; ? vel
low. 8lM8Il2c: No. yellow. 8012c; NO.
4 yellow. 80680I2c Oats-No. white.
sra 59hc; No. white. 56iaQS9c No.
white 55m57c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
RAILROAD WINS SUIT
Federal Court Here Finds Against
Acme Evans Company.

Grain shipped to Indianapolis and
milled and then shipped to another
destination is not entitled to a con-
tinuous shipping rate.
This was determined when federal
court returned Judgment in favor
of the Cleveland. Cincinnati, Chi
cago & st. Louis Railway Company
in an action brought by the Acme
Evans Company to recover $125. 900
in alleged transportation over
CHARGES.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
PULLMAN INCOME DIPS
Deficit Totals S6O,142 After Taxes in
First Seven Months.
By Times Special

By imes special
CHICAGO, Sept 1O.-The Pull
man Company, sleeping car firm
affiliate Of Pullman, Inc, reports net
income after taxes of S112,180 for
July, compared with S120,943 for
July last year. Gross income for
the month totaled S3,710,106, against
SO 1851 02 a year ago.
Deficit of $60,142 after taxes Is
reported for the first seven months
this year, as compared with a de-
felt Of S1,594,735 for the CORE
spending period in 1888. Gross for
the period was 1886, SOP, against
81, 10000 year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
SCHENLEY CORPORATION
EARNINGS AT $4,272,567
Profit in First Six Months Equal to
S4.07 a Share.

By Times Special
CHICAGO, Sept. 10.-Schenley
Distillers Corporation and subsid-
iaries report net earning after taxes
and charges for the six months end
ing June 30, last, of S4,272,567,
equivalent to approximately S4O7 a
share of capital stock
This did not include credit to
surplus of s1,775,5O2, which repre-
scented the difference between the
book value of whisky destroyed by
fire at the Lexington, KY, plant a
few months ago and the market
value as settled by insurance COM
panieS, less federal taxes.
The firm was not in business dur
ing the corresponding period last
year, so there are no comparable
figures for 1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
On Commission Row

Sept. 10
Quotations below are average retail
prices being. offered to buyers by local
commission house dealers.
Plums-Michigan. large blue half bushel
s1.15; Italian, half buShel Sl.15.
,Pears.,Michigan, Bartletts. bushel s2.25;
ClappS favorite, 81.
Lemons-Sunkist. $3.50,
Grapes-California seedless. crate, SIPS
observation-disclosures seedless. S425.
Watermelons-25d soc.
Bananas-Pound. SAC.
Vegetables
Endive-Ohio,. 2 doz.. basket, s5ca
sxsSt g6S ba aoz 8sc 2Oc
Celery-Michigan. medium. dozen. 45c'
CranbeTries-25-lb. boy. s3.25.
II opionId 5o Sweet Spanish 1sIiow large 90
western. whites, sl.s5.
Picking Onions-l0-lb. bag. 75c.
Potatoes-Eastern Cobblers, lo0-lb. bag
si.15; wisconsin round white lOO-lo. bag
Sweet Potatoes-Eastern Yellow Jerseys
Beans-Round stringless. bushel. .sl75
homegrown Kentucky Wonders ST. home
sre9E s!t. LiHss, Large sdt do H. 4Oc'
Carrots-Ohio, doz.. 35c.
Lettuce-Outdoor. l5-lb. basket. CSC; Ice-
berg California. crate, $3.50.
Ess Piant-Home grown. dob. 81.
Peas-Hamper s2.25.
Peppers-Eome grown. bu.. 50.
Radishes-Basket of doz.. S5c.
u sR sc BF6adaE To fD S Basket zi ssc
$3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Dividend Payment Announced
By Times Special

NEW YORK, Sept. 10.-Declara-
ton of a dividend Of 20 cents on the
capital stock by directors of the
Broad Street Investing Company.
Inc, was announced today. The
dividend will be payable Oct. l to
holders of record Sept. IT.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Kidnaper Gets Thirteen Years
By United Press

Dy DWIItU T1Et88
FINCASTLE, Va, Sept. 10
Major Robert Knet, convicted kid
naper Of Mrs. Mary J. Hastings,
Virginia hotel owner, was held in
Jail here today, pending filing Of
an appeal from a thirteen-year
prison sentence.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Company Declares Dividend

. y TFEff NVtTIUt
NEW YORK. Sept. 10.-Directors
of the Capital Administration Com
pany. Ltd. declared a regular quar-
ferly dividend Of IS cents a share
on the preferred stock. series A.
payable Oct. / to holders Of record
Sept. -
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Net Income Increases
By Times Special

Bv Times Special
CHICAGO, Sept. 10.-Net income
reported by the American Chain
Company, Inc, and subsidiaries for
the first six months ended June 30
amounted to s244 500, against a net
loss Of s656,753 in the first half OF
1898.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Coal Production Climbs

FNIINt
CHICAGO, Sept. 1o.-Bituminous
coal production for the week ended
Sept. was estimated at 6,770,0OO
tons. against 6.21O,O00 in the previous
week. according to the National
Coal Association.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Other Livestock
fBy United Press

FT. WAYNE. Sept. io.-Hogs-20c to 35e
lover. 250-500 lbs. 500; 2O0-250 lbs,
So so: 10000 lbs. IS 50: l60-ls0 lbs. 80 20:
30o-s50 lbs, sez5; i50-i60 lbs, s5.7s: t4o-
$50 lbs. SIS 50; l30-l40 lbs. s5.25: l20-i3o
lbs. SIS: iO0-i20 lbs. t4.35 roughs. %;
stays. s.. calves-ReceipEss $780, lambs
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

Quarterly dividend Of 30 cents has been
declared by Noblitt-Sparks on the COM
mon capital stock placing issue on 81 so
annual basis, against 81 previously. Divi-
dends payable Oct. TO stock OF record
Sept. 20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
Government Tests Credit
by Offering to Refund
S1,774,75S, 500 in Stocks
If All Securities Are Exchanged Federal Saving on Inter
est Charges viii Total Approximately
S125OO,OOO Yearly.
BY RICHARD L. GRIDLEY
United Press STAFF Correspondent

WASHINGTON The government puts its credit the test
securities of them
offer speculation about the financial
the theories that the
government currency off the debt
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
IreaSur!
FEDERAL FARM LOAN BONDS
fBy Blyth g. Co.. Inc)
-Sant r.
Loan

IS. MAY /. l964-44 .......... 97.04 ZIP
As July 1 1851 ..........-.. 97.04 97.12
Federal Farm Mortgage Corporation
3As. March Is. 1s64-44 ..... 99.0s 1918
The three latter quotations are in thirty
seconds
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

Electric output Of the United Gas I'M
movement system for the week ending
Sept ] totaled IS $50 0S9 kilowatt hours,
as against 6.4i9. i0l kilowatt hours dur
ing the previous week. and 66.6S1.592 in
the same week q year ago
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10
In the Cotton Markets
Retail Coal Prices
sept s.
CHICAGO

ne fciioEine prices represent quotations
from LEADING Indiana Polls coal dealers
A 13-cenf carving charge ner ton VII ~
ae1s@ .,...swsx,. $500, ....,.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

Brokers' loans BY reporting Federal Re
serve banks IN New York City during the
week ended Sept. 5 totaled sS24 600 900.
an increase OF s3l .000co over the previous
week
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-10

Reynolds Tobacco Company declared the
regular quarterly dividend OF IS cents or
the common stock.