davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

Most New York exchange houses
now require a customers specula-
tive account of at least $500 and
margin requirements of IS to 40 per
cent, but the reserve boards ruling
is expected to jump this figure con-
siderably.
At the same time, it was learned
that the securities and exchange
commission is beginning to draft a
permanent regulation program,
which will have teeth in it," to
curb trading abuses.
Chairman Joseph P. Kennedy is
sued preliminary regulations Mon
day, but permanent rules are eX-
pected to be much more severe, al
though commission members insist
that they will not harm legitimate
business.
Most troublesome of the new
problems, is the question of trading
in over the-counter" issues, which
are not subjected to stock exchange
requirements.
Every effort, commission members
said, will be made to prevent boot
Logging of bad securities and vic
timizing of the public.
Confusion resulted from an
nouncement of the first regulations
in which the commission sought the
aid of stock exchanges in policing
the securities market by suspending
issues which do not conform to set
standards.
This, Mr.. Kennedy explained, does
not mean that the commission will
take no further action in the mat
ter. He said new regulations, be-
ing drafted, will care for prosecu-
ton and further action against
foaters Of bad securities.
At the same time, it was re-
vealed, the commission intends to
establish regional offices to ad-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
On Commission Row
Aug IL


Quotations below are average retail
commission house dealers. .o
parents, $1.50@1.75.
Pedches-Inidana. Elbertas. bushel, s2.25
Plums-Italian. u busheI, $3.50
Oranges--California Sunkist. $5.25: VAL
Lemons-sunkist, $6.5Od675.
Grapefruit-Florida seedless, 81 25@4.50.
NEUTRALITY-SUSPICIOUS., bushel, 81. al so.
Pears-CaravoS, $3.50 a box.
WatermelonS-25Q SOC.
BananaS-Pound. sc.
Vegetables
Sweet Corn-Home grown, doz.. zoe.
Cabbage-EaStern. 212d3c pound.
Celery-Michigan. boxes. $1.25; medium.
doz.. 45c.
Onions-washington yellow. -5O-lb. bag.
81 IS; California whites. $685. home
. Potatoes~Eastern Cobblers, 1Oo-lb. bag.
$1.85; Kentucky Cobblers. s1.60: Idaho
RusSets. 100-lb bag, 50.
Sweet Potatoes-Tennessee Nancy Halls.
50 rs; New Jersey. Alabama, $3.50.
Beans-Round stringless bushel. $3.50:
fiat Stringless. bushel. 81.
BeetS-New, soc a dozen
Carrots-Home-grown buShel. $l.50; doz.,
Caulihower-1Oc-11s. crate. $1;75@2.
head lettuce, crate. $4M4.50.
PeaS-California, hamper, S2.70
Radishes-Ohio. doz. punches, soc.
Spinach-Home-g grown, bushel. Csc,
TomatoeS-Home-gr grown. lob. baskets,
35c; buShel, 81.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
AVIATION CORPORATION
ANNOUNCES HUGE LOSS
Suffers SI.144.634. Reversal During
First Half Of Year.

~ fWfF Nbfcint
NEW YORK. Aug. 1S.-Net loss
Of s1144.634 during the first six
months of the current year Is re-
ported by Aviation Corporation and
It's subsidiaries. as compared with a
net profit Of S32l.O57 in the CORE
spending period last year.
All phases Of the cOmpanys reve-
rueS showed declines. but mail
revenues which tOtaled only S7l9,709
as compared with s2l666.5l5 last year
was the largest factor in the COM
panv'S reversal.
Passenger revenues during the pc
Rod totaled s74S.336 against $685.
OF. a total OF 1900 revenue pas
senCerS being carried 3.970.9l6 miles
while 1896 passengers were carried
3 1888. 367 miles in the similar 1888
Period. Total transportation reye-
nues amounted to sl.53O157 against
IS. 523. 26l in the first six months OF
1888.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
TWO INSURANCE MEN
RECEIVE PROMOTIONS
Pearce H. Young, Local Manager, to
Head st. Louis Agency.

Promotions of Pearce H. Young
and Oren d. Pritchard of the local
branch of the Union Central Life
Insurance Company of Cincinnati,
were announced yesterday.
Mr.. Young, manager Of the In
dianapolis agency since May, 1888
has been named manager of the
st. Louis branch, while Mr.. Pritch-
ard, bis assistant here, has been
appointed manager of a new agency
established in Ft. Wayne.
E. Robert Shannon, associate gen.
eral agent of the Penn Mutual
agency at New Orleans, will sue
coed Mr.. Young as manager of the
indianapolis office.
Appointments of Mr.. Young and
Mr.. Shannon became effective Aug.
Is, while that of Mr.. Pritchard Will
become effective on Sept. l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
New York Bank Stocks
(By Abbott. Hoppin & Co..
MARRIAGE Licenses

Fred Herther,. 81. Of 1892 Spruce street:
advertising, and Bertha Whltaker, 20. OF
I4lO Span avenue. window clerk.
LLOYD Montgomery. 30. R. R. 7, Box 272.
farmer, and Katherine Mounts, SO, R. R.
z Box 272, houSekeeper.
wflbert Hartmann. "a. Of 21o North
Dinton street. store manager, and Valera
Bodenberg. IS. of 302 South Harlow street.
housekeeper.
Arthur Moore. 81 Of 10 West North
street. salesman, and Ruth Ash, 18, OF
1902 East washington street housekeeper.
Preston Smith, 81. of 1917 North Te-
cumseh street, landscaper, and Hazel
Chaplin. IS. Of 1928 North Capitol avenue.
houSekeeper.
Monroe Wand. %. Of 51S Drover. street,
packer, and Mary Human, is. 5l8 Bucn
street. housekeeper.
RAYMOND King. %. Evansville. printer,
and Phyllis Jones. 20. Of 2l75 North Hard
ing street, housekeeper.
Llovd Yeager, 80. R. R. 4. Box 1893,
ieweler. and Dora Surface, q. r. Il. 8.
Box $50. surgical filter
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
MAJOR GRAINS
CLOSE UNEVEN:
CORN SLUMPS
Fair Buying Support Aids
Wheat Prices After
Early Drop.
BY HARTMAN w. NICHOLS
United Pres Sian Corresnnndsnt

CHICAGO Aug. Is. - Gcains
found fair support on a rather dull
and featureless market on the Chi
cago Board of Trade yesterday as
traders waited for some develop
ment to exert influence
Wheat finished up 3 cent to Oft
cent; corn was off Is cents TO ..
cents; oats was off i to : cent Rye
was off y to II cents.
Wheat sold of sharply at the
opening. losing : to l cent in
few minutes. Buying support soon
forced prices back up near Thurs
days close. At one time wheat was
higher than Thursday
Conflicting influences caused an
cratic wheat market, while corn
was easier the greater part of the
session. Weakness in the European
wheat market largely was Offset by
pronounced strength in the domestic
cash markets.
Reports of general rains in Argen-
tina and Australia were a factor in
causing a break of 22s to % cents
in Liverpool and 81 to 81 at Rot
terdam. Domestic weather has
ceased to be a market influence.
Corn dropped in early dealings
with wheat and showed a weaker
tone all day. A late drop in corn
caused some decline in other grains.
Reports OF continued rains in the
corn belt were an influence.
-
turelesS, prices holding within a
narrow range This crop has been
harvested and no outside influences
came into the market to affect it.
Rye and barley were slow to
steady. Rye sold off sharply at the
opening, but made some recovery
later. Provisions were firm, but did
not show the tendency of the past
week to keep pace with the rise in
HOG prices
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Deaths

Mary Bush. rs. Of 756 Center. chronic
- Laura sfii (. Cook. g. of So North Denny.
carcinoma
Wilhelmina Katherine Prange. IS, Of
3sli Broadway arteriosclerosis.
Virginia Carol Tooley. II mos. city
hospital acute enteritis.
John c. Trimble. 81. Of 1910 South Ala
hama. arteTiosclerosis.
Ella Mary. 81, Methodist hospital, pull
monarv embolism.
Mary Ann O'COnnor. SIS. ST. vincent S
hospital acute dilatation OF heart.
Otis B Pulliam 81, city hospital.
chronic myocarditis.
Robert Z. Burt. 20 Of 1920 North state,
carcinoma.
Isle E. wishart. IS. city hospital. pull
monary tuberculosis.
Frank Stewart, 81. OF 1915 Healing.
accidental.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
COTTON EXPORTS VALUE
SHOWS SHARP DECLINE
July Total Nearly 100 Per Cent I'm
der Similar 1888 Month.
BIZ Tnitcd Press

81 CnlECN PTeSS
WASHINGTON, Aug. 18.-Value
of raw cotton exports during July
decreased almost 100 per cent under
exports for July, 1888. the commerce
department reports.
Raw cotton exports in July
amounted to 100000 bales, valued
at $19,842,O0O compared with 692,-
900 bales valued at S36,455, 900 dur
ing July 1888. Exports in June this
year amounted to 5000 bales val
ued at $28 ,487 600
For the year August, 1888, through
July, 1884, the quantity Of exports
dropped 10.5 per cent under the pre-
viouS year, but value increased %
per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Births

Glenn and Blanche Fisher. 1921 East
orviIle and Florence Lawry. 1857 South
PerShing. -
James and Kathryn Campbell. 9oa
Daniel and Goree Shelton. 92s Paca.
Leo and Mary Vachet. 1882 Carrollton.
Boys
Friedrich and Anna Mootz. 2029 Winter.
William and Juanita Sarver. 1923 Co.
lumbia.
Wiley and Anna Senteney. 72s West
Twentv-SeT zenith.
ward place
John and Maxine Dugan, 1905 South
Randolph.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Bright Spots
!. IBY Ahbott. Hoppin q Co.l

National Air Transport Company re-
port for the quarter ended June 50 shows
a net loss Of si12. 4e6.
Caterpillar Tractor Company in seven
months ended july 81 had a net profit Of
s. 81 $50 after charges. equivalent 70
81 IS a share on the capital stock.
AtehisOn. Topeka a Santa Re Railroad
Company net income in the first six
months this wear amounted to SI.1ee.-
zoe. esuivalent to - cents a share on
the 5 per cent preferred stock.
Federal Light and Traction Company IN
the twelve months ended June 80 had a
net income Of $3.50 GA.
General Electric Company has begun
work on two turbine generators Tor Foro
Company which VII cost approximate
s3.ooo. eco.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Sugar Shipments Rise

BIZ Times Special
NEW YORK, Aug. 18.-Refned
sugar exports from the United
States in June totaled 4,736 long
tons as compared with 1872 tons in
the corresponding 1888 month &C
cording to Lamborn & Co., sugar
brokers.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
CHICAGO FRUIT MARKET
Nv TToi+oJ DraeeA

CHICAGO, Aug. 17,-Apples, Michigan
Duchess, bu., S1@1.25. Cucumbers-Mich-
igan, bu 75cm$1.25. Tomatoes--Illinois
bu, 5O@ 60c. Sweet potatoes-Tennessee
bu, $1.5061. 60. Peaches-Georgia, bu.. 81
m2.75. LettUce-Cslifornia, bu., $2.75@
3.75i BeanS--Michigan. green; BY ,$ $22'
ries-Michigan, 16 OTIS, red. sour. SI.75
Cantelopes- Michigan, crate, 85c 81 IS
Corn-Illinois, sacks. doz., yellow, ESQ
85c. Carrots-Californa crate S2d 40
Peppers-Illinois, bu. 75cds1,25. Eggplant
illinois. bu.. 75c@ SIPS. Pears = Mich
igan, bu., 75c@S1.5O Celery Michigan,
crate, 5O075c. Western caulihower-$1M
135. Onion Market 50-lb sacksl-.Cali-
fornia yellows, $1.15; Californa whites,
s1.65; Washington Valenciss, $1.20Q Is;
indiana whites, S1.15; Nova yellows 100
lb sacksl. 81: Wisconsin Gloves. Sl.10.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

minister details of the regulation
program.
The securities division of the fed
eral trade commission with duties
soon to be taken over by the stock
market commission, already has OF
fees in New York, Chicago, San
Francisco and several other cities.
These offices probably will be eX-
panded by the securities and ex-
change commission and other bu-
reauS established.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
FIRM REPORTS PROFIT
CoIgate-PalmOlive-Peet Earns 1915
a Preferred Share.

JERSEY CITY. n. J.. Aug. 10
Colgate PalmOlive-Peet Company IN
the first half Of the current year
had earnings approximately 1915 a
share on the preferred stock. Bay
ard Colgate, company president re-
ports.
Following the report by Mr.. Col
gate. directors Of the company de-
clared the regular quarterly divi-
dend Of $50 share on the pre-
ferred stock. payable oct. l, TO
holders Of record Sept. 10.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Announce s5S,472 Profit


BIZ Times Special
CHICAGO, Aug. 18-Net profit Of
s58.472, after all charges, is re-
ported by the Utility and Industrial
Corporation, an investment trust,
for the first six months this year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Wall Street
Gold Shipment Provides
Proof That u. S. Is on
Bullion Standard.
by RALPH HENDERSON,
Linz. snrriaI ElranrIaI Writer

THAT the United States is really
Il on q gold bullion standard vas
proven recently when the Guaranty
Trust Company received permission
10 ship about 81 900 900 Of the yell
low metal out OF the country. II
was the first time gold had been
exported from these shores on "A
straight commercial transaction
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Wheat Exports Increase

CHICAGO, Aug. 18.-American
and Canadian ports exported 4,081,-
$50 bushels of wheat during the
week ended Aug. II as compared
with shipments of 1851, 3O7 bushels
in the preceding week and 1850, 1872
bushels in the similar 1888 week.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Fisher Plans Expansion
By Times Special

By Times Special
DETROIT, Aug. ia total of
100000 for additional plant space,
Encouragement of production facili-
ties and new equipment is being
spent by the Fisher body division
Of General Motors Corporation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

since April 20,
1888. y h 2 n
p residen t
r o o s e welt
placed an
embargo on
such expOrta-
tons.
vi IDENTIFY
Q n 2 entire
" Orld was
surprised by
the act. even
though per-
mission 70
take such a
step had been
in effect for
some m 2
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Newsprint Production Gains
BIZ Times Special

CHICAGO, Aug. 18.-Newsprint
production in the United states and
Canada during July totaled pa 422
tons, an increase of "a per cent
over the 259,S69 tons produced in
the corresponding 1888 month.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Money and Exchange
INDIANAPOLIS BANK CLEARINGS
FOREIGN EXCHANGE
(By Abbott. Hoppin & Coz
-Ag. IL
Treasury Statement
tBv united Press

washington. Aug. 17.-Government eX-
penses and receipts of the current iisCa
wear 10 Aug Is. compared with the cor
responding period of the previous 1sca
year
Expenses s. 7244i3 247 rs s453 7e5 q97 o.
Receipts 90 3sS. 858i69 as 269. 254O57. "a
DEFICIT - a3s SIS OF 90 1851 $40 ls
Cash Bal. 2260. 3S3. PIT 06
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
PRIMARY RECEIPTS
nv United Press)

NO. red. $i.O2G 1927; No. red
S1O11a@1O OF; No. | hard. -s1.O912: No,
Corn-No 2 mixed, 7574076hc; No;
yellow, 1874 q TIC; No. 8 yellow, 76a 76i &C.
No. 4 yellow, 75'4c; No. 6 yellow. 74!2c
Oats-No. 2 white 53c No. 3 white, so 4
a Sic: No. white, Ale n4824c; sample
grade 486 ACC Rve-8734c Barley-No
Sales. nominal 75cdS1.15 Timothy-s16. rs
MI7.75. Clover-Seed s12M16.50. Cash
provisions-Lard. 1887; loose. $3.50; leaf
So. bellies S1205.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Finance Experts Confer
on Margins to Be Used
Under New Regulations
Requirements for Customers Speculative Accounts Are
Expected to Be Raised Sharply by
Reserve Board Ruling.


WASHINGTON finance experts conferred
yesterday required under the regulations effective
l..
the securities and exchange com
Jointly with regulation
security trading Reports persisted that As cent margin rule
eventually would agreed
dispatches requirements at the outset
probably standards the securities exchange act
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
CRv United PrSS)

acAGo Aug e oo5 cases Extra Mfr rsst
receipts, 16d1Sc; dirties, No. l. 16c; No.
receipt, 1886 tubs; extra frsts (9o-91 q
26Hc: frsts 8S-S9la score). 24G24lac;
seconds (86-8712 score). 22d23c; specials
1854 d27c; standards, 26l2c. poultry
fryers, 14ml6iac: broilers. 14d15c; Leg
horns. lac: geese, 7m8c; turkeys, lac; old
roosters, SIC; hens, 14@ Is &c; black
chicks 1O@ 12c; barebackS, ,13c; cocks. &c:
White Rocks. ia lSl2c; Plymouth Rocks,
19c ducks, 8G12I2c; colored Plymouth
E9eES tec L 6eghh0Tn 49, gf Dases
14G14I2c. Potatoes-Supply light. trading
good, market stronger; Idaho Russets'
ton grade. $1.35; wisconsin Cobblers,
s145: Wisconsin Triumphs, 81 rs, COM
bination grade. SIPS: Ohio and Mime
track IS, shipments 1853.
ste GEE! Ae eAtTas. Aso{sc STANDARDS. so3sc
Eggs-Market, steady; extra white, %
current receipts. lsc; ordinary firsts, lac
springers: colored fowls, Az lbs, and up
Ice: old ROSTERS -0c; ducks. white, IDS
and up: d3c. Potatoes-Long Island sl.4;
NEW YORK, Aug. Potatoe@steady
9OcNsl bag southern. 25d 90c bag. Sweet
Potatoes-Quiet southern. barrel, Sl.5Od
SIS; southern basket. 40cMs2 Flour
Steady: springs: patents. S7.I0d 7.90 bar
rel Pork-Firm; mess, sl9.75 barrel
Lard-Firm; middle west spot. S. ,209i SO
a 100 lbs. Dressed Poultry-Steady' tur-
KEYS I7G32c: chickens 9M28c; brollers
i52 23c; capons. 25a 35c; fowls ga zoe,
ducks, lOa l3c; Long Island ducks lls4a
l5c Live Poultry-Steady: geese, sac
turkeys l0d 15c; ROSTERS. 10c; ducks. ga
lac: fowls. 14G16c; chickens, 15G25c
capons. Is zoe; broilers. 14G 23c Cheese
Firm; state whole milk fancy to specials
l9 n zoe: Young America. l5Ml5i ac. Butter
Receipts. 1910 packages; market. easier
creamery. higher than extras. 28l2 q 29 az
extra ts2 score). 28d28Ac: first 1927
scorel. 27G 2734c; first 1888 scorel. 245z
G25I.c; seconds, 1872 q 24c. Eggs-Re-
ceipts, 6.s4S cases; market, Arm special
packs. including unusual hennery selec-
lions 24m 27c: standards. 22q 23c; hrsts
2lc: seconds. 19d19I73: mediums: 10 a
I8l2c: dirties. lSd13izc; checks, $50 tic
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

TOLEDO. Aug, 17.-(Graln in eleva tors,
transit biliing.i Whest-No. 2 red. s1.Ql
No. white 52d 53c. Rye-No. 2 $50
&c. CRACK prices 24lac ratel wheat
No. l red 97i2096c;, No. 2 red; 96l2d
97c. Corn-No 3 yellow. 4M7 &c; No.
3 yellow 73G 74c: No. yellow. 72d 73c.
Oats-No. l white. 50d SIC: No. white.
40 n Sic; No. white. 47d soc.
ST. LOUIS. Aug. 17-Cash Grain:
Wheat-In fair demand, unchanged to nc
higher on red and steady on hard; No.
red, S1@10Oia early. s1.0O12 at close; No
. red garlicky. 95G95hc; No. hard
slO7. Corn-In fair demand; ga q G
lower; No. 2 yellow 1884 n 78hc; No.
white. 79c. No sale on oats.
Wheat-No. . red. Sl13A; No 2 hard
winter. S118H Corn-No. 2 mixed, soc
Oats-No. white, 60lsc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

French francs rose sharply IN the
foreign exchange market. due, II was
Eaid 70 short. covering by specula-
tors. who apparently figured We
would not loosen up on our hoard
except under unusual circumstances.
70 was not even necessary for the
bank 70 get permission from the
United States treasury to make the
shipment. All 10 did was 10 fill out
an application and file 1t with the
New York Federal Reserve bank.
The federal reserve gave its approval
almost Immediately. acquiring the
metal from the government TO I'LL
the order.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Produce Markets

Delivered in indianapolis prices; Heavy
hens, lie Leghorn hens. &c. 1884 broil-
ers. 2 lbs. and over, l3c ,Leghorn broiers
ia to 2 lbs. and over lie bareback broilers
young gulneas. zoe; old guineas 15c; No. !
strictly fresh country run eggs, loss OF
15c Each full case must weight 55 lbs.
gross; a deduction of 10 cents a pound
Tor each pound under SIS lbs. will be made.
Butter-No. l. 30G31c. Butterfat. 23c.
Quoted by Wadley Company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Cash Grain
INDIANAPOLIS

Aug IL
The bids for car lots Of grain at the
call of the Indianapolis Board of Trade,
f. 0. b.. shipping points basis 17l7 cents
Wheat-Easy: No. / red, GOA 91c No. ?
red 40 a aOc: No. 2 hard. 90d91c
Corn-Weak; No. 2 white, 7OM7lc; No, 3
white. SEA Toe; No. yellow, 61a CSC; No.
yellow 66G SIC; No. mixed, 660 SIC,
oats"steady; No white. 45a4c; No.
Hav n o. b. country points taking
23i2 &c or less rates to Cincinnati or Louis
viIle)-Steady; No. l timothy, sl4@1 4.5O
Inspections
Wheat-No. red car; No. 2 red, 4
cars: No. 8 red. cars. Total: cars.
Corn-No. white. 2 cars, No: white:
4 cars No white. 4 cars; No. White 4
cars; No. white. l car; sample white 3
cars; No yellow. cars; No. 8 yellow. Is
cars: No yellow, 6 cars: No; 5 yellow. l
car: No mixed. car. Total, 46 cars.
Oats-Total, ) cars.
Rye-No. /. l car. Total car.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
FEDERAL FARM LOAN BONDS
(By Blyth & Co.. 1nc)
-Home Loan

Is MAY 1. 1924 .......... 1907 99.II
as July l, 1851 .-........... 1918 s9.22
Federal Farm Mortgage Corporation
ais March IS 1964-44 800. .100.23 49,,
The three latter quotations are in thir-
ty-seconds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
STOCK VALUES
DRIFT LOWER IN
DULL TRADING
Revenue Freight LoadlngS
Decline 900 Cars Dur
inq Week.
BY ELMER G. WALLER
United Press Financial Editor

NEW YORK. Aug. l8.-The stock
market drifted irregularly lower in
extremely dull trading.
There vas no incentive for trad
ing and most traders remained
away from the market. Even the
commodity markets found few act
i've participants.
Developments during the session
were not sufficient TO whip the mar
ket. CarlOadings dropped about
5000 cars under the preceding week
"a drop which had not been fore
csst-but brought no concerted SELL
ing. Grains were heavy. with corn
dropping as much as 81 cents a
bushel. Hogs continued TO climb in
price on the various livestock mar
kes. a top Of $685. being established
in CnirapO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18

THE shipment was made possible
i by the decline in the dollar IN
the foreign exchange market to
point where the operation was
profitable. The slump in the dol
lar. in turn. was due to President
Roosevelt's order Matchmaking silver
In this country, which was accepted
by the foreign exchange spectators
as an indication that We were to
have currency initiation.
Criticism of the shipment may be
expected in some quarters on the
basis that the government should
not permit foreigners to dip into
our gold pile az long as 1t is IN
willing 10 allow its own citizens to
do likewise. Others undoubtedly will
come to the governments defense
with the argument that 1t Is the
only. way We can settle international
trade balances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
TINE Street was wondering

TINE Street was wondering
/ whether 1t could accept the
action as an indication that no
further devaluatiOn of the dollar
is i'm prospect. The government IS
being pressed to make a further
downward revision in the gold value
of the dollar. and IL prospects OF
such step become too good 1t Is
possible that we might lose a large
amount of the metal to those al
WAYS ready and eager to take ad-
vantage Of such a situation.
The Street also was wondering
whether we were about to use our
gold to acquire silver in the world
market. II We go into the world
market and bid up the price Of sill
yer IN futherance Of provisions OF
the Silver Purchase act it is thought
quite possible that We may pay for
10 IN gold now that We have demon
Strated that our international trade
balances can be settled in that
fashion.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-18
Retail Coal Prices
DOs DOMESTIC RETAIL PRICES

The following prices represent quotations
from leading Indianapolis coal dealers.
A ascent carrying charge per ton will be