Indianapolis Times, Volume 42, Number 34, Indianapolis, Marion County, 19 June 1930 — Page 15

JUNE 19,1930

JRISE FEATURES SWINE MARKET AT CiTYYARDS Cattle Continue Sluggish Trend; Sheep Trade Sells Off. June Bulk. Top. Receipt*. 1? *10.35 *10.40 5.000 13. 10 30Q10.2S 10.35 6.500 14. 10.35 10.40 3.500 16. 10.40 10.35 7.000 17. 10 00 10.00 3.000 13. 8.90 9.95 5.500 19. 10.00 10.10 5.000 Hogs were generally stronger at the Union Stockyards this morning, prices rising 10 cents. The bulk, 160 to 300 pounds, sold for $lO. Top price paid was $lO.lO. Receipts were estimated at 5,000, holdovers were 865. The cattle market was largely a continuation of Wednesday's sluggish trade with all classes tending lower. Receipts were 750. Vealers hold off 50 cents at $lO down. Calf receipts were 500. Sheep were weak to lower, selling I mostly at sll to $11.50. Quotable top for today was sl2. Receipts were 1,000. Chicago hog receipts were 31,000, including 11,00 direct. Holdovers were 6,000. Today’s trade held steady with Wednesday’s average, > several loads of good to choice 180 to 270-pound weights selling at $3.85 to $9.95: 325 pounders $9.65. Cattle receipts were 5,000, sheep 10,000. —no**— Receipts. 5,000: market. higher. H“*virs. 800 lb*, up * 9.504$ 9.90 230-300 lbs 10.00 M-d. wts.. 225-250 lbs 10.004H0.10 200-225 lbs 10.00010.10 Lteht wts.. 160-200 lbs 10.00410.10 130-160 lbs 9-504. 9.90 80-130 lbs *■*?!§ 2 2? Packing sows 8.25® 9.25 —CattleReceipts. 750: market, steady. Beef steers 1.100-1.500 ibs. • good and choice *10.00312.00 Common and medium 7.00010.00 Beef steers. 1.100 lbs. down, good and choice 9.75® 12.00 Common and medium 7.00<h 10.00 Heifers. 850 lbs. down, good . and choice 8.50® 10.00 Common and medium 5.50® 8.50 Cows, good and choice 6.750 ?-92 Common ard medium 6-75® 8.00 Lower cutter and cutters 3.00® 5.00 Btocker and feeder steers, good and choice B.oo® 9.50 Copamon and medium 6.00® 8.00 g t —Vealers— Receipts. 500: market, steady. Medium and choice * 7-?25*22!! Cull and common 4.00® 7.50 —Sheep— Receipts. 1,000: market, weak. Lambs, good and choice ril-000 12.00 Common and medium 7.500/11.00 Cull and common 1-50® 3.00 Ewes, medium to choice 3.00® 4.50 Other Livestock Bu United Press CHICAGO. June 19 —Hogs-Receipts, 31.000; including 11 000 direct; few sales about steedv. later trade 10® 15c lower; slow at decline; top. £9.95; butchers, medium to choice. 250-350 lbs.. $9.40®9.85" 200-250 lbs.. *9.5009.95: 160-200 lbs., *9.50 @9.95; 130-160 lbs., *9.25419.85; packing sows. $8.25® 9; pigs, medium to choice, 90130 lbs.. *8.504 9.65. Cattle—Receipts 5,000, ra'.ves, 2.000; mostly steady trade; underiving conditions bearish, however, and general buying power has little breadth; another catch-es-catch-can market on the stock: best fed steers. sl2; bulk grain feds. *9 504,10 50: grassers. *748.75, slaughter classes, steers, good and choice, 1,300-1 500 lbs.. $10.5C4i 12.50; 1,100-1.300 lbs.. $10.25 ® 12.75. 950-1,100 lbs.. slo® 12.25; common and medium. 850 lbs. up. 57.25®10.50; fed yearlings good and choice 750-950 lbs., (10.250 12.25: heifers, good and choice. 850 lbs. down. $9.25410.50: common and medium. *6 254 9.25; cows, good and choice, *6.750 9 common and medium. *4.75® 6.75; , low cutter and cutter *3.25® 4.75; bulls good and choice beef, $6.750 8.50; cutter to medium. $50.6.75; vealers milk fed, good and choice. $9.504711.25: medium, s9®8 50; cull and common, *7479; stockers and feeders good and choice all weights, *9® 10.50. common and medium. $6.50479.25. Sheep—Receipts. 10.000: -"arket weak to mostly 25c lower; native mbs. $12312.25; fresh vearling3. $10.25; 120-lb. yearlings. *8: fat ewes steady at *348.50; lambe. good and choice 92 lbs. down. $11,504 12.50: medium. $94 11.50; cull and common. *74 9; ewes, medium to choice 150 lbs. down $24.3.75; cull and common, sl® 2.75. Bn United Press PITTSBURGH. June 19.—Hogs—Receipts. 1.200; market, strong to 10c higher: 150-210 lbs., mostly $10.304 10.35: 220-260 lbs.. $lO 47 1 0.25: nigs. $9.75 4 10.10: most sows. $8.50. Cattle—None. Calves Receipts. 100: market, steady; better grade vealers. *9.50 ih 10.50. Sheep—Receipts. 500; market, slow, steady: fat lambs. $94711.50; few yearlings. S6OB. J?v United Press U FT. WAYNE. Ind., June 19.—Calves—Receipts. 50: hogs. 400: sheep. 75: hog market. 10c higher; 90-110 lbs.. $8.90; 110-130 lbs.. *9.15: 150-160 lbs.. *9 55: 160-180 lbs., $9.75: 200-225 lbs.. $9.75: 225-275 lbs.. $9.65: 275350 lbs.. $9.50: roughs. $8.25; stage. $6; springs lambs. $10: yearling iambs. $7. Bii United Press . EAST ST. LOUIS. 111.. June 19.—Hogs— Receipts. 9.500; market, slow; opening mostly 10c higher than Wednesday's average: bulk. 150-250 lbs.. $9.8509.95: top. 510: sows, $8.750 8.85. Cattle—Receipts. 2 800: calves, receipts. 1.200; market, vealers 50c lower at $9.50: price trend not fully established on other classes: trading unusually slow. Sheep—Receipts. 4.000; market. 'no early sales or bids: packers talking weak to lower: asking *11.25411.50 for desirable lambs. Bn United Press CLEVELAND. June 19. -Hogs—Receipts. 1 400 holdver. 139: mostly steady; spots 10c above Wednesday's late sales. 150-210 lbs . *10.25 : 220-250 lbs.. $10.15: 250-300 lbs. *10; piges. $9.75. Cattle—Receipts. 200. draggv. steady to easier; cutter and common steers. $7.50 4 8 50; odd head mediums. *95 10.50. fat cows. $5.25477: cutter grades. *305. Calves—Receipts. 350; draggv. 50c lower: better grade vealers. *11011.50; bulk. *11: medium kinds. *9® 10.50- heavy calves downward to *7 50 and under. Sheep—Receipts. 400; steady: good to choice lambs. *11411.50; little interest In plainer grade lambs, yearlings or sheep, scattered common yearlings. $6 down. Bn lnited Preat EAST BUFFALO, N. Y., June 19 —Hogs - Receipts : holdovers, 300; active .n----exenly 5015 c higher: pigs, steady; desirable 160 to 240 lbs.. $10.40010.50; load 260 lbs., *10.25; 120-150 lbs., (100.10.25; pigs, *10: packing sows 25c higher at *6 23 88.75. Cattle—Receipt s, 200; very little activity, cows about steady- few, *6.5087; most cutter grades. $3.50115.50. Calves—Receipts. 150. good to choice vealers 50c lower at *11.50012; plainer grades steadv to weak: bulk. $8.50410.50. Sheep ■—Receipts, 600. slow steady to weak: good to choice lambs scarce; few *12412.50; medium kinds. $10011; common, $7.50® 8.50. fat ewes, *2i3.50. Bn United Preat TOLEDO, 0.. June 19.—Hogs—Receipts. SOP: market 10® 15c higher on best hogs, heavies. *9 508 9.75: mediums. $8.75 0 9.90: porkers. $9.25 <! 9.50: pigs $9.254 9.50. Cattle —Receipts, light: market slow and very dull. Calves—Receipts, light; 50c lower. |)Sheep—Receipts. 100; market, steady. By Timet Special LOUISVILLE. June 19.—Hog*-Receipts, 800; market steady; 250 lbs. up. *9.25; 165250 lbs.. *9 85; ISO-165 lbs.. *9.05; 130 lbs. down. *7.05; roughs. *6.50: stags. *5.90. Cattle—Receipts. 100: market steady; prime heavy steers. *104711: heavy shipping steers. *8 50® 10, medium and plain steers. *7 50 4 8 50; fat heifers. *6.504 10. good to choice cows. *637: medium to good cows. *446; cutters. (3.5004: canners. *2 5043; bulls. $4.5008; feeders. *7.50 ®9; stockefs. $5.50®7. Calves—Receipts. 200: market steady: tops. S3® 8.50; good to choice. (6.50 48; medium to good, (506.50; outs. $4.50 down. Sheep—Receipts. 3.000: market steady: ewe and wether lambs. *11: choice. *ll 25®11.50: buck lambs. (10: clipped sheep. *3.5044.50. Wednesday's shipments: Cattle. 62. calves. 228; hogs, none; sheep 3,318. Bn United Ureas CINCINNATI. June 19.—Hogs—Receipts, 1.400: including 1.120 direct; held over. 540: fairlv active, mostly steady witn soots strong to 15 cents higher on buichers. 240 lbs. up and sows: bulk desirable 1.0 270 lbs.. *9.75310.15: mostly *10.1$: on good and choice. 170-230 ibs.; one outstanding load held higher; desirable. 120- • 160 lbs . *9.50 to mostly *9.75: sows, largely *8.50. within range of *8.2508.75. Cattls—Receipts. 200: calves. 225; slow, buyers. very indifferent on al classes except vealers; steers too scarce to make a market; outlet narrow for cows and bulls: few sales about steadv: odd head beef 1 cows. *s'<t7: low cutter and cuttera *2.50 e ’ $; best weighty bulls. *7; lighter kinds in little demand, downward to *6; one small tot. fed yearling steers. *9.75: good La’-d choice rca’ers. steady at *9® 10; ■'eavier weights and undergrades. *68.50. 'F’leen—Receipts. 650: generally steady on all classes, with lower grade lambs and sheen slow: good and choice lambs, scarce, most It *10411; common and medium largely. *748; buck lambs. *8.50 to mostly *9: inferior down to *5: good and choice ewes *3 50* 3.50; common grades down to *l.

New York Stocks ■ (Bf Tbocaaon A McKinnon I '

-juie 1*- prrf ! Railroads— High. Low. 11:20. Close. Atchison ?10 t y 210 Atl Coast L1ne.,157 I ', 188‘a 1*6% JSZu. Bait & Ohio ...102 101% JO3 101a Chesa & 0hi0... 178 V 173 175 V 173‘a ■ Chesa Corp M i Chi Grt West .. 9% *% 9 Chi N West 73% 72% Del L& W •• • }£°’ 4 Del & Hudson 1a ?, 4 Erie 35 , 35'a 35% 36% Erie Ist pfd Great Northern Illinois Central. .. . • 11% 4 Kan City 50.... 67% 67 87 67V. Lou tk Nash a ■ - 131 a Id KU. T 38Vs *37% 3i% 36% Mo Pacific 870 85 % Mo Paclllc pfd 121% N Y Central .. .161 159% 159% 17% Nickel Plate ... ••• *.. NY NH A- H ....104% 104 104% 104% Nor Pacific 73% 70V, Norfolk & West 213% O & W 10 9% Pere Mart} I*o ••• Pennsylvania ... 71% 70% 71% 70% Reading 109% 108% 3o Pacific 113 112% 112 111% Southern Rv 704% 104% 104% 103% St Paul 14% 14% 14% 14% St Paul pfd 23% 22% 23 s 21% us r a jr * Union Pacific .. 2i5*4 3i0% 215 210 saMarviand.7.7$ a Marviand.7.7 20% 'lo% 20% 19% West Pacific 1" 17 Equipments— Am Car h Fdy.. .. Am Locomotive.. 51 50% 51 51%, Am Steel Sd 37 36 36% 36% Am Air Erake S .. ... -a., Gen Am Tank.. 88% 88% 88Va 88 General Elec ... 69% 68% 68% 68 Gen Av Signal.. .. ... ••• ii' 4 Lima Loco 22 31% 22 23 Man El 5up..... N Y Air Brake.. 40 38va 40 36 Press Stl Car.... 7 6% 7 7 Pullman ... ■ ■ S5,, 4 S 7U SKIS* &?■:.& ■" .iiS >535 eSSKT. >■ „ >i Fisk 3% 2% 2% 2% Goodrich 26 25 25 24 Goodyear 63 81/a 62 63 * Kellv Sprefld 3*4 3V* 3/a 3 Lee Rubber •- -a- 5/ U S Rubber 21% 20 2l 20 -8 Motor*— IAI . Auburn • • 101 a Chrysler 25% 25 2a 2i/ Gardner • •••, ? l4 Graham Paige .. 5% o% o% 6 General Motors. 41 40% 40% ... Hudson 40% 30% 30_a 30 2 Hupo 15% 14% 14% 14% Mack 51 49 2 50 49 Marmon . •■ • 11% 11% Nash ........... 32% 32 32% 32 / Packard 13% 12% la 12 Pierce-Arrow .. ... ... 5% ... Reo 8% 8% 8% 8% Studebaker .... 26% 25% 26% 25 Yeliow Truck .. 21% 20% 20% 20 Motor Access— Am Bosch .. ••• ••• so r% Bendlx Aviation 30% 30 30% 30 Borg Warner ... 28% 27% 28 27 Briggs 19 18 V, 19 18% Campbell Wy ... 17% 17 17% ... Eaton 23% 23% 22% 21% El Storage B 6o 63 Houda 11% 11 H% 110 Motor Wheel .... 21% 21 21% 21 Sparks W 17 16 17 16% Stewart Warner. 20% 20 20 20% Timkin Roll .... 62 3 61 Vs 62% 60% Am* Metals 32% 31% 32% 32 Am Smelt 58% 57% 58% 5b% Am Zinc ... 6% 7% Anaconda Cop.. 49% 48% 48% 46% Cal & Hecla 14 13 13 13% Cal & Arlz 50 49% 49% ... Cerro de Pasco.. 44 43% 43% 43% Freeport Texas.. 39’/ 38% 39% 37% Granbv Corp 21% 19% 20% 21‘/a Great Nor Ore.. .. ... 18% 19 Howe Sound 26% 25% 2j/s 25^ Int Nickel 23*2 23 33/a 2Ls Inspiration 14 13% 13% 13 s Knnecott Cop.. 38% 38% 38% 38/• Magma Cop 29 28% 28% 30 Miami Copper.. 17% I*% 17% }*% Nev Cons 16 15% 16 15% !&rSSI Sul... 52 51% 51% 51% U S Smelt 19'% Amerada 24 23 24 22% \m Republic ... 18% 17 18% 15 s Atl Refining . 34% 33% 34% 32V, Barnsdall 21 3, 8 21 Vs 21 3 /8 21 s Beacon 13V4 13V. 13Vs 12% Ind**On 26% '20% *20% 20% Indian Refining. 11% 10% 10% 9% Laeo Oil 22 % 22 Va Mex Sbd 18% 18% 18% 18 Mid Conti 23 22% 22% 22% Pan Amer (B) .. 55% 54%- 55Vi 54% Phillips 31 30V, 30V* 30% Pr Oil & Gas... 37% 37% 37% 37 Pure OH 20V, 20 20 20V, Richfield ... , Royal Dutch ... 50% 50% 50', 46% Shell Un 19 13% 18% 18% ilffi” % ll 21% Skelly 30% 29% 30% 30% Stand of Cal... 59 58 59 58% Stond of N J ... 64% 63% 64% 61% Stand of N Y... 31% 31 31% 30% Texas Cos 50% 50% 50V, SO I /, Union Oil 38% 37% 38V, 37 Am 1 flnTf - Milis 59 58% Bethlehem 83 82 82% 80>/a Byers AM 75 . 73 Vi 73 V, 71% Colo Fuel 46% 46% 46’/* 43% Cruc Steel 72 71 Inland 70 Ludlum 25% 24% 25% 26 Midland 27 Newton 31 Repub I & S ... 43Vi 42Vi 42Vi 42 U S Steel 160% 158% 159 158% Vanadium 75 72% 73% 69% Youngst S <fc W 33Vi 32 Vi 33Vi 32% Younget S & T 115 Tobaccos— Am Sumatra 11 10% Am Tob (A) 218 Am Tob IB) 229 V, 226% 229% 220 Con Cigars 39% Generr.l Cigar 48 46 Lig * Myers B. 89% 88V, 89V, 87% Lorillard 18% 17% 18% 17% Phil Morris 9% Reynolds Tob 46 46 Tob Pr A 10 Tob Pr B 3% 3Vi 3% 3% United Cig 7 6% Utilities— Abttibl 26 Vi 26 Adams Exp 23% 23 23 22% Am For Pwr ... 62% 61% 62 60% Am Pwr & Li... 80 79 79 77% AT&T 26 25% 25% 20% Col Gas & E 1... 63% 62% 62% 61% Com & Sou 14 13% 13V* 13% El Pwr & Li . . 65% 64 64 61 Gen Gas A 9% 9% 9% 8% Inti T & T.... 43Vi 42 42% 41 Natl Pwr & Li... 35 34% 35 33% No Amer Cos ...100 99% 99% 101 Pac Gas & E 1... 57% 56 57% 53% Pub Ser N J. ... 90% 90% 90% 89% So Cal Edison.. 55 Std G & El.. 90% 89% 89% 88 United Corp.... 31% 30% 30% 30V, Ut Pwr & L 9 32% 32% 32% 31 West Union 165 161% 162 160 V a Shipping— Am Inti Corp.... 33 32% 32% 32 Inti Mer M pfd 20% 20 20% 20 United Fruit 86 84 Foods — Am Sug 50% 50% 50% 50 Va Armour A 4% 4% 4% 5 •echnut Pkg ... 50% 1 Pkg 64 64% > Drv 58 57% 58 56 1s Cos 53% C. Oola ... ... 166 Cos ih Baking A.. 30-% 201, 20% 20% Corn Prod 95% 93% 93% 92% Cudahy Pkg 40 Cuban Am Sug.. . ... 6 6% Gen Foods 52% 51% 52% 53% Grand Union .. .. .. • 11% 10% Hershe'" 86 85 86 84% ■Tewel Tea 48 46 Kroger 23% 22% 22% 22% Nat Biscuit 77% 75% "tUsbtiry 7*% 29 Safeway St .... 76' 2 76% 76% 77’, S>d Brands 18% 17% 18 17% Ward Bkg 8 7% 8 7% Cotv Inc 17% 16% 16% 16 Lambert Cos .. 80 V* SO 80% 79 Lehn & Pink 22% 23 Industrials— Am Radiator .. 24% 24 24% 23% Bush Term ... 31 30V, 31 29% Certainteed 6% 6 Gen Asphalt .... 44% 42% 43% 0 Lehigh Fort ... 34V, 32% Otis Elev 60 59% 59% 48 Indus Chems — Allied Chem ... 239% Com Solv 23% 32% 32% 22 Union Carb .... 66 64% 65% 63 U S Ind Alco.. .. ... 68% 67%

Investment Trusts

(Bv James T. Hamill & Co.I —June 19— Bid. Ask. Basic Industry Shares 7S 8% Corporate Trust Shares 8% 9% Diversified Trust Shares A... 31 Diversified Trust Shares 8... U% 18% Diversified Trust Shares C... 7% 8 Nationwide Securities 8% 8% Fixed Trust Shares A 18% ... Investment Trust of New York 9% 10% Leaders of Industry 10 10% North American Trust Shares 8% 9% Standard Oil Trust Shares.... 8% 9% S W. Strauss Inv. Units 52 58 Selected Amer Shares 6% 7% Trustee Standard Oil Shares B 9% 9% U. S. Elec. & Power Shares A.. 36 38 U. S. Elec. & Power Shares B. 9% 10

New York Bank Stocks

Bid. AskAmerica 103 106 Bank of United States 46 47 Banker* 127 128% Brooklyn Trust 705 730 Central Hanover 336 340 Chase National 133% 134% Chatham Phoenix Natl 103 108 Chemical 60 61 City National 145% 147 Corn Exchange 175 177 Commercial 420 435 Continental 26 37% Empire 73 76 First National 4,650 4.800 Guaranty 620 632 Irving 48% 49 Manhattan & Cos 107 109 Manufacturers 103% 105% New York Trust 232 236 Public J 101 Chelsea $7 42

Local Wagon Wheat

City grain elevator* are paying 85c for No. 3 red wheat and 83c lor No. 3 hard wheat.

Retail Stores— Assoc Dry Ode 32'/, 32 Gimbel Bros 11% 13 Sresge S 8 27 28% 26 V, 27% ay D Store 44% 45 Mont Ward ... 35% 34% 35% 35 Penny J C 53 50 % 53 50 Schulte Ret St.. 6 5% 5% 6 Sears Roe 72% 72V, 72% 72 Woolworth 55% 55 55 54 Amusements— Bruns Balke ... 15% 15 15V* 15 Col Graph 19 18% 18% li% Crosley Radio 10% Eastman Kod ...306 202 202 202 Fox Film A .... 41% 39% 41 39% Grigsby Gru .... 16% 16 16 15% Loews Inc 67 65 Vi 67 63% Para.n F"> .... 55% 54% 55 55 Radio Cory 36% 35 36% 35% R K O 31 29% 30% 29 Schubert 14% 13% 13% 14 Warner Bros ... 44% 43% 43% 42% Miscellaneous— Airway App 20 18 City Ice &Fu 39% 39 Vi Congoleum .... 11 10% 10% 101, Am Can 119% 117 118% 115% Real Silk 37 34% 36% 36

Produce Markets

Eggs (Country Run)—Loss off deliverd In Indianapolis. 19c; henery Quality. No. 1 21e: No. 2. 16c. Poultry (buying prices—Hens, weighing 4% lbs. or over. 17c: under 4% lbs., 20c; Leghorn hens. 14c: springers. 2% lbs. or over. 27c: under 2% lbs.. 25c; leghorn springers. 18019 c; old cocks. 9® 10c: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 top Qualify auoted by Kingan & Cos. Butter (whoiesalei—No. 1. 35036 c: No. 2. 33034 c. Butterfat—3lc. Cheese (wholesale selling price per poundl—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c; Lognhorns. 34c; New York Llmberger. 36c. Bu United Press NEW YORK. June 19.—Flour—Quiet and easier; spring patents. *5.3505.75. Pork — Quiet; mess. $32. Lard—Weak; middle west spot. $9.75®9.85. Tallow—Easy: special to extra. 4%05c. Potatoes—Firm and higher; southern. *2.2505: Maine. $3.35 04.10: Bermuda. *s®B. Sweet potatoes—Firm: Jersey. ba/icets. 50c%*3.75. Dressed poultry— Dull: tvrkeys. 25043 c: chickens. 17037 c; fowls. It®2Bc; ducks. Long Island, 18®19c. Live poiltry—Steady to- firm: geese, 110 i4c- du;ks. 14023 c; fowls. 20®24c; turicevs. 150 25c; roosters. Is®.l<c: broilers. 150 40c. Cheese—Quiet; state whole milk, fancy to special, 24©26c; young Americas, 18%2(iC. Bn United Press CHICAGO, June 19.—Eggs—Market, steady; receipts, 13,132 cases; extra firsts, 23Vic; firsts, 22%c; current receipts, 21@ 22c; ordinaries, 18Va®19c; seconds, 19c. Butter—Market, unsettled; receipts, 8,695 tubs; extras, 32c; extra firsts, 30@31c; firsts. 28 V* 029 Vic; seconds, 26027V*c; standards, 32 %c. Poultry—Leghorns, 15c; ducks, 14c: geese, 12c: turkeys, 18c: roosters, 14c: broilers, 22c. Cheese—Twins, 16%@17c; Young Americas, 18c. Potatoes —On track, 158; arrivals, 81; shipments, 899; market, steady; southern sacked Bliss Triumphs, $2.75@3; North Carolina barrels, Irish Cobblers, *[email protected]; Arkansas and Oklahoma sacked Irish Cobblers. *2.5502.65. By United Press CLEVELAND, June 19.—Butter—Firm; extras. 36c; extra firsts, 36 Vic. Eggs— Steady; extras, 23c; firsts, 22c. Poultry— Steady; fowls, 23@24c; medium, 23 024 c; Leghorn. 15®2Cc; heavy springers, 250 30c; over 3 lbs., 33@36c; Leghorn springers, 18023 c; ducks, 15@22c; old cocks, 12 ®l4c; geese, 10@l5c. Potatoes—Light; about steady; Michigan, $4.40 per 150lb. sack: Maine Green Mountain, $4.25 per 150-lb. sack; Idaho Russet, $4.50 per 100-lb. sack. Bu United Press CINCINNATI. June 19.—Butter steady; creamery in tub lots, according to score, 30@33c; common score discounted, 2®3c; packing stock No. 1. 25c: . .o. 2,15 c; No. 3. 12c; butterfat. 28®30c. Eggs—Steady: cases included; fresh gathered, 23%c; firsts, 21c; seconds. 19c: nearby ungraded. 22V*c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 19c: 4 lbs. and over, 19c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over, 14c; roosters. 14c; broilers, colored, over 2 lbs., 27c broilers, over 1% lbs.. 27c; 1% lbs. and over. 24c: Leghorn and Orpington broilers over IV* lbs.. 22c; 1% lbs. and over. 19c: broilers partly feathered. 12@15c; black springers. 20c.

The City in Brief

FRIDAY EVENTS Indiana Christian Endeavor Convention. Central Christian church, all day. Exchange Club luncheon. Lincoln. Ontimists Club luncheon. Claynooi. Altrusa Club luncheon. Columbia Club. Knights of Columbus luncheon, SpinkArms. Fist Ward Republican Club, Clark's hall, 8 p. m. The Ravenswood town board has not approved a proposal to • offer the White river bathing beach to the city as a recreation center, Robert Stamm, chairman of the board, declared today. Raymond Ford, town trustee, offered the beach to the park board if the city department would provide a fulltime lifeguard. Bert Meese, 27, Indianapolis Power and Light Company lineman, was injured seriously today when a pole, on while he was working in the 1200 block, North Keystone avenue broke, throwing him to the pavement. He was taken to city hospital, suffering from a possible skull fracture. More than 20,000 persons attended Broad Ripple park Wednesday when the Standard Grocery Company’s park day was observed. Coupons givsn at the company’s stores were good as part fare on ride devices of the park and the rides were besieged until late at night. An outing will be held by the League of Home-Owned Industries at Brookside park community house at 7:30 the night of June 25. Radio entertainers will appear and addresses are scheduled. Miss Anna Chen, Chinese girl graduate of the Christian Girls’ school at Nanking, China, will speak at Third Christian church tonight when Miss Emma Lyon, head of the school, also will speak. Efforts by Indianapolis to gain supremacy as a jobbing and manufacturing center were urged by Tom Snyder, president and general manager of the Wat “house Distribution Corporation, in an address at the Kiwanis Club luncheon at the Claypool Wednesday. Dillon R. Huder, 3430 Central avenue, was awarded the bachelor of science degree in economics at the University of Pennsylvania commencement today. He is the son of Henry J. Huder. Mrs. Mabel Thomas, Negro, 27, of 623 Wabash street, was in serious condition today at the city hospital after she attempted suicide Wednesday night by taking poison. She told police she had an altercation with her husband. Members of the junior department of the Y. M. C. A. today began a series of twenty educational trips to Indianapolis factories. A musical festival will be presented Friday night by the Indianapolis district Epworth League in the community house of the Broadway M. E. church. Fall Creek boulevard and Broadway. BROKER SHOOTS SELF Ends Life Because of Losses in Stock Market. Bv United Press NEW YORK. June 19.—Despondent because of stock market losses, Walter Werner, 37, a broker, shot himself to death in bed in his apartment today. Miss Margaret Fisher, Werner’s fiancee, discovered the body when she went to the apartment after receiving no answer to a telephone calL

THE INDIANAPOLIS TIMES

WHEAT CLOSES UP ON STRONG NEWSREPORTS Traders Mark Time Waiting for Definite Trend in Grains. Bn United Press CHICAGO, June 19.—Wheat was unsettled on the Board of Trade today and very nervous, but closed the day about steady to slightly higher. The market moved in a narrow range with a late rally on the strength at Winnipeg recovering the loss at mid-day. Traders were holding close to shore. Com emulated wheat, but was somewhat stronger, closing higher with oats following com. At the close wheat was unchanged to Vi cent higher, corn was % to % cent higher and oats was % to % cent higher. Provisions were steady to 10 points higher. Liverpool remained steady until the close and was 114 cents higher. There were reports of some export business being worked overnight, but there was nothing official and the amounts were generally believed to have been small. Cash prices were unchanged. Receipts were eight cars. Commission house buying of corn was general at the start and prices jumped about 1 cent. Local professionals remained bearish, however, and sold heavily, prices reacting to the previous close at mid-session. Receipts were small and it is evident that the country is not willing to sell at the prevailing prices. Cash prices were unchanged. Receipts were eighty-three cars. Oats made a small fractional advance at the start and held part of it at midmoming. Trading was quiet and featureless. Cash prices were unchanged. Receipts were twentytwo cars. Chicago Grain Table —June 19— WHEAT— Prev. High. Low. 11:00 close. July 97% .96 .96 .9C% September ... 1.00% .99 .99 .99% December ... 1.04% 1.03% 1.03% 1.037, CORN— July 76% .75% .75% .75% September ... .75% .74% .74% .74% December ... .70% .69% .69% .69% OATS— July 36% .36% .36 V, .36 September ... .37% .37 .37% .37'/, December ... .40% .40.40% .40% RYE— July 50% .50 .50% .49% September ... .54% .04% .54% .53% December ... .61 .60% .60% .59% LARD— July 9.45 9.42 9.45 9.37 September .. 9.60 9.55 9.60 9.52 Bn Times Special CHICAGO. June 19.—Carlots: Wheat, 13; corn. 77; oats, 16. and barley, 4. By United Press CHICAGO. June 19. —Cash grain close: Wheat—None. Corn—No. 2 mixed. 770; 77Vic; No. 3 mixed. 75%c: No. 4 mixed, 75c: No. 1 yellow. 770:78c; No. 2 yellow. 77%®78c; No. 3 yellow, 76%@77c; No. 4 yellow, 75%@76%c; No. 6 yellow, 73®74%c: No. 2 white. 81@81%c: sample grade, 66@ 68c. Oats—No. 2 white. 39c: No. 3 white. 35%®37%c: No. 4 white, 34®36V*c. Rye— None. Bariev—so@sßc. Timothy—s6.so® 8. Clover—s9.sool7. Bn United Press TOLEDO, June 19.—Grain close: Wheat —No. 2 red. 99%cft51.00%. Corn—No. 3 yellow, 81%@82%c. Oats—No. 2 white, 42%@44%c. Rye—No. 2,75 c. Barley— No. 2,60 c. Clover—Domestic, cash, new. $12.15; prime choice, $12.45; October, $12.70: December. *12.90. Alsike—Cash. $11.10: October. sll.lO. Butter—Fancy creamery. 37@38c. Eggs—Country run, 20 ®22c. Hay—Timothy, $1.25 cwt.

In the Stock Market

(Bv Thr-nson & McKinnon) NEW YORK, June 19.—Undoubtedly a great deal of uneasiness and no-little liquidation of securities recently has been due to the thought that some unknown disturbing element was overhanging the market. This fear unquestionably contributed materially to the upheaval in the stock market. The morning we have the statement of financial authorities that leading bankers are unanimous in their declaration that there is nothing hidden in the present situation. They go on to say that all the unfavorable factors are visible and known and indicate that many readjustments have been all but completed. We are assured that not only banking interest of highest caliber, but investments of great financial resources have begun to accumulate stocks. The buying Is likened much to that which righted the stock market last November, additional encouragement is afforded in the opinion of one of the most influential banking sources that the present is an opportune time to accumulate good stocks.

Marriage Licenses William J. Howcry, 27. of 1126 West, Twentv-eißhth. metal worker, and Irene E. Pine. 16. of 1135 Udell, clerk. John E. Slusser. 21. of U. S. S. Milwaukee. sailor, and Nellie L. Oakley. 20, of 1314 East St. Clair, clerk. Clarence W. Layton. 20. of U. S. S. Milwaukee. sailor, and Mildred L. Young. 19, of 1248 Brookside. clerk. Otho S. Hapner. 28. of 2923 East Washington. chauffeur, and Martha E. Keller, 22. of 1519 East Forty-ninth. Frank E. Ward. 23. of 822 North Illinois, conductor, and Nellie M. Oliver. 19, of 17 South Harding. , , Maurice Kinnick. 26. of Southport, clerk, and Gertrude Keers. 28. of 2333 North Pennsylvania, bookkeeper. Alva Owen. 29. of 310 North niinois, clerk, and Rebecca Crowe. 23, of 714 North Euclid. Earl W. Russell, 24. of R. R. 13. Box 151. clerk, and Edna L. Everett, 23. of R. R. 14. Box 197. teacher. Lenox Mills. 34, of 324 West Twenty-first, laborer, and Macelite Taggart, 26, of 2724 Indianapolis, clerk. ... Hulet H. Buford. 30. of Chicago, salesman. and Florence E. Jackson. 30, of 842 Blake, teacher. Charles Damon Linton. 26. of Lafavette. nhvsieian. and Laura MacDonald. 22. of Hampton court, nurse. Accepts Resignation of Cabinet By United Press CAIRO, June 19.-—King Faud accepted the resignation of the cabinet headed by Premier Nahas Pasha today. The resignation was tendered to the king Tuesday. IJ F WILD IN fISTMENI CO j j P j I “Leaders of Industry” j Shares A Fixed Trust 139 E. Market Lincoln 6884 J Your Savings Account With The Meyer-Kiser Bank Will Earn 4V*% Interest 118 E. WASHINGTON BT. I Robert K. Tomlinson § I INVESTMENTS 1 834-28 Continental Bank Bldg. | IH Indianapolis LI a. MU I

Dow-Jones Summary

Oklahoma oil operators nave ffjeWed that production in the Oklahoma city field for the next three months should remain at 16 2-3 per cent of capacity. Main office of J. C. Penny Company to move to St. Louis from New York on Aug. 15. Manhattan Shirt Company Including Soiwas Dyeing * Textile Company In six months ended May 31, earned 67 cents a common share against 51.71 cents a share in like 1929. American Rolling MiU Company and subs in first auarter earned 51 cents a share on 1.428.698 common shares. Warner Bros. Pictures aeauired Crescent Amusement Company which operates six-ty-one theaters in Tennessee. Alabama and Kentucky. New York Air Brake Company declared regular quarterly dividend of 90 cents, payable Aug 1. record July 8. L. Bamberger & Cos. declared regular Quarterly dividend of sl-62% on the 6 * per cent preferred, payable Sept. 2. record Aug, 15. California court denies state’s plea for temporary Injunction against Long Beach operators charged with unreasonable gas eastage and sets date for final hearing on Nov. 15. Pennsylvania Railroad car loadings week ended June 14 .. totaIed t 14 ®'i°? 77 c ?Ic against 147.217 preceding week and 17L625 last vear. From Jan. 1 were 3,397.979 against 3.811,281 In 1929. Volume of freight traffic handled by class 1 railroads in April totaled 34,894.055,000 net tons miles, a decrease of 9 per cent from April. 1929. and 2 8-10 per cent below April. 1928. For four months 141.250,836.000 net tons miles, a decrease of 9 4-10 per cent and 4 2-10 per cent, respectively. Cities Service Company reports May results after taxes, charges and preferred dividends of $3,993,900 'waimble Jor feserves and common dividends A against $2,226,658 in May, 1929 Twelve months $38,738,982 against $24,1/3,972 in previous twelve months. Declared regular monthly dividends of 2% cents in cash and % of 1 per cent in common on common 50 cents on preferred and preference BB and 5 cents on preference B. all payable /-.ag. 1, record July 15. Federal Light and Traction and subsidiaries, excluding New Brunswick Power Company, tn twelve months ended March 31, earned $3.46 a share on average number of common shares outstanding during period. Superheater Company and Affiliated Canadian Company year ended Dec. 31, earned $4.11 cents a share on no-par stock against $3.03 in 1928. Commercial Investment Trust signed contract with Stewart Warner to act as financing organization for Stewart Warner dealers and distributors throughout the United States. Bank of France statement for week ended June 13. shows gold 43.899,000.000 francs against 43,317.000 000 francs June 6. circl. 71,926,000,000 against 72.558.000.000 and ratio 51.05 per cent against 50.92 per cent. Baltimore & Ohio declared regular quarterly dividend of $1.75 on common and $1 on preferred payable Sept. 2. Record July 19. Golder Shumate elected vice-president replacing Archibald Fries. Alpha Portland Cement common stock placed on $2 annual basis against $3 previously paid bv declaration of quarterly dividend of 50 cents. Gamewell Company in year ended May 31. 1930. earned $8.56 a share on 118,928 shares. _____ Pennsylvania Power and Light twelve months ended April 30, surplus after preferred dividends $7,079,460 against $6,381,S2B in preceding twelve months, April net income after taxes and charges $913,649 against $88,105 In April. 1029. St. Louis rediscount rate remains unchanged at 4 per cent. Senate tests flexible provision of new tariff bill by adopting Boarh resolution directing tariff commission to investigate the differences in cost of production between several domestic and foreign articles including shoes, furniture cement and agricultural Implements. Bank of England statement week ended June 19. shows circl 359,247.000 pounds against 364,002.000 pounds June 12. Bullion, 157,489,000 pounds against 157,180,000 pounds, and ratio, 52.6 against 51.9 per cent. Directors George A. Fuller Company, United States realty sub approved contracts aggregating $4,600,000.

70,000 Depositors • Keep More Than 22 Million Dollars On Deposit Here • je Northwest Corner Pennsylvania and Market Streets jjj . V FLBTCHBK AVINGS AND TRUSTCOMPANY IS A VOLUNTARY EAST SIDE OFFICES NORThTsIDE OFFICES I Vltiflf iff 2122 Eat Tenth Street 3001 North Illinois Street in, g Jg‘ KlsHa Bk K CltSljw 2506 test Washington Street 1541 North Illinois Street 474 West Washington Street SOUTH SIDE OFFICE 1233 Oliver Avenm. 1125 South Meridian Street

STOCK MARKET MOVES UPWARD IN QUIET TRADE Tickers Caught Up as Sales Slow Up From Fast Trading Pace.

Average Stock Prices

Average of thirty industrials for Wednesday was 218.84. off 9.73. Average of twenty rails was 128.97. off 2.36. Average of twenty utilities was 79.50, off 3.60. All new lows for 1930. Average of forty bonds was 95.16. off .10. By United Press NEW YORK, June 19.—Gains of 1 to 4 points were registered In leading stocks during the morning session today on the Stock Exchange and around noon these gains were being maintained. This recovery followed several days of record collapses. The market generally presented a much more orderly appearance with trading quieter and tickers much nearer the market than they were in Wednesday’s session. The opening was consistently higher with relatively few large blocks appearing, an indication that marginal liquidation had run its course for the present. Sales to 10:30 totaled 645,900 shares, against 856,300 shares Wednesday. Money Plentiful Sales to noon totaled 1,651,000 shares, against 3,315,700 shares in the same period Wednesday. Call money renewed at 2% per cent with supplies plentiful. The street expected a sharp reduction in brokerage loans in the report to be announced after the close. Shortly after noon tickers had caught up with the market and were | printing sales on inactive issues. This was construed as unfavorable by many traders, but others welcomed a quiet market that needed readjustment. Steel Moves Up United States Steel reached 160 % in the early trading after opening down Vs at 158%. Around noon it was a point under its high at 159%, up 1 Vs. General Electric was at 69Vi, up 1% from the previous close and up % from the opening; Johns-Man-ville was at. 84, up !4 net and off % from the opening; General Motors was at 40%, up Vz net and up % from the opening; American Telephone was at 205%, up 1!4 net and off % from the opening; American Can was at 118%, up 314 net and off 1% from the opening; Standard of New Jersey was at 64, up 2% and off 1 from the opening. The remainder of the list moved proportionately.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Thursday, June 19, $3,377,000; debits. $7,033,000. CHICAGO STATEMENT B>t United Press CHICAGO, June 19.—Bank clearings, $101,000,000; balances. $7,400,000. NEW YORK STATEMENT Bv United Press NEW YORK. June 19.—Bank clearings, $1,464,000,000; clearing house balance. $226,000,000; federal reserve bank credit balance $214,000,000. TREASURY STATEMENT Bv United Press WASHINGTON, June 19.— Treasury net balance on June 17 was $284,337,159.88. Customs receipts for that month to the date totaled $35,142,711.27. Government expenditures on June 17 were $45,062,060.83.

Business — and — Finance

Federal Water Service Corporation, a subsidiary of Tri-Utilities Corporation, reports that consolidated stress revenues, including other income, amounted to *16.516.192 for the year ended April 30. 1930, as compared with *15,586.334 for the preceding twelve month*, an increase of *929.858. cr 5.96 per cent. Operating expenses, maintenance, reserve for retirements and replacements, and general taxes totaled *7.294,645. as against *6.907,326. Gross corporate income of *9,221.547 showed a gain of *542.539. or 6.25 per cent. Frank Phillips, president of Phillips Petroleum Company, announced Wednesday that earnings of the company were runping well ahead of last year. Net. earnings after all charge*, including bond interest and Federal taxes, but before depletion and depreciation were 16 per cent greater in the first five months of 1930 than for the aame period of 1929. Earnings for May on the same basis were 44 per cent greater than for May, 1929. Citizens Water Company of Washington, Pa., a subsidiary of Community water Service Company, reports gross revenue of *367.756 for the twelve months ended April 30. 1930. After operating expenses, maintenance and taxes, excluding Federal income tax. there remained a balance of *250,292. compared with $229,067 for 1929. The first funded financing of the S. S. Kresge Company ever to be offered to ;he public was introduced to investors Wednesday in the form of $2,000,000 of i ye company's first mortgage 5 per cent sinking fund bonds maturing June 1. 194' The offering will be made by First Detroit Company and the Continental Illinois Company at a price of 98% and accrued interest to yield 5.15 per cent. Texas Public Service Company, a subsidiary of People* Light and Power Corporation, reports gross revenues of $1,211,899 for the year ended April 30, 1930. as compared with $1,005,438 for the preceding twelve months. Operating expenses, maintenance and taxes, other than Federal income tax, totaled *793.952, as against *612.781. Gross income amounted to $417,947. which compares with $362,656 for the year ended April 30, 1929. Detroit Aircraft Corporation reports unfilled orders for planes on hand June 15, 1930. amounted to $264,000. This includes only orders on which deposits have oeen placed, the companv announcement states. Total unfilled dealer commitments totaled t $1,604,500 additional. Bolivian Uprising Is Quelled Bu United Press BUENOS AIRES, June 19.—Bolivia was tranquil today after the failure of the subversive movement headed by Roberto Hinojosa, formerly of Bolivian diplomatic service, advices received at the Bolivian legation here indicated. Deny Receivership Rumors By United Press BUFFALO, N. Y„ June 19.—Rumors of contemplated receivership for the Universal Wireless Corporation were denied here today by John Henry, president of the company. / ~^ rT ~ > pTTDr LINSEED OIL 851.17 Per Gallon Marion Paint Cos. 366 S. Meridian St. RI ley 9165

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trad# New York Corb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

PAGE 15

HOUSE STARTS 1 OUSTER ACTION AGAINST JUDGE Tennessee Federal Jurist Target in Bankruptcy and Booze Cases. Bu Scripps-Hoteard "Sewspaper Aliianre WASHINGTON, June 19.—With none of the hullaboloo that usually accompanies an effort to have a man appointed and confirmed to a federal judgeship, the house has launched proceedings that look toward separating a federal judge from his job. This week three members of the house Judiciary committee will go to Memphis, to make final plans for holding hearings on charges of misconduct preferred against Federal Judge Harry B. Anderson. These charges concern the handling of liquor and narcotic cases, alleged reduction bonds in the latter cases, handling of bankruptcy cases in the western district of Tennessee, and the quashing of a Mann act charge against a Memphis lumberman who formerly was in business with the magistrate’s father. The Anderson inquiry had been carried on quietly until the last week, when Senator McKellar (Dem., Tenn.), who comes from Memphis, where Anderson sits most of the time, charged before the senate that the department of justice investigation of the judge was without the law. Attorney-General Mitchell, replying to the senator’s challenge of the inquiry, said that the investigation was pointed toward bankruptcy proceedings in Anderson’s court and not toward the judge himself. But even that sort of inquiry, McKellar claims, citing the law, can not be made unless requested by the judge. Anderson did not ask such inquiry.

R.H. Gibson & Cos. Members am roitr, cm*** cum SUek RxeJtat tics 820 Circle Tower Indianapolis TW. Lincoln 2341 61 Broadway NEW YORK 307 Dude Terminal HMg Cincinnati