Indianapolis Times, Volume 42, Number 54, Indianapolis, Marion County, 12 July 1930 — Page 11

JULY 12, 1930.

GRAIN FUTURES DOWN SHARPLY AT THE CLOSE Reports of Scattered Rains Has Weakening Effect on Wheat. Bn T nilrd Prrtt CHICAGO. July 11.—Reports of scattered rams in Canada checked buying on the Board of Trade late today and prices sold off, closing sharply lower. Corn also turned easier, the bulge bringing freer offers. The heat wave remains unbroken over a major portion of the west and relief is not expected for another day or so. but light precipifatim and local thundershowers are predicted. Oats followed the major grains closing uneven. At the close wheat was 2 to 2'ic lower, corn was % to T*c higher and oats were %c lower to tic higher. Provisions were around steady. Liverpool showed added strength as the day progressed and recovered most of the opening losses, being -*c lower to %c higher at the close. Damage reports from the American northwest arrived in increasing numbers as the session moved along. Cash prices were unchanged. Receipts were eightysix cars. The continued hot, dry weather and the bullish construction placed on the government report caused great activity in the com pit, and by noon July had gained 3 cents or more on September, the largest difference in some time. There was selling in the way of profit-taking but it was well absorbed. The forecast indicated no relief for at least twenty-four hours. Cash prices were % to •he higher. Receipts were 106 cars. Oats advanced fractionally with the other grains but trading was light and traders were watching com and wheat closely. The hot weather is believed to be damaging oats badly. Cash prices were Vic higher. Receipts were 41 cars. Chicago Grain Table —July 11 WHEAT - Prv. Open High. I/"\ Close close. Julv . .**% 30 .851, .BA' 2 ggi. Sept . .911, 93'* .89', .89*, .91'* Dec 97'* 99', .95', .95', .97'* CORN— Julv . .79 80 78', .78'* .78% Sept . 78 ,78 .75*# .75’, .75''* Dee .89 .71 \ .69 .89% .68'* OATSJuly.. .34 .35', 34 .34% .34% Sept.. .36% .37% 36 .56', .36% Dec .39'* 40% 39% .39% .39'* RYE— Julv .47% .49% .46% .46% .47% Sept.. 51V, .53% .49*, .50 51% Df- 56% 58% .55 .55% .57 UARD— July 9 42 Sept 9 55 9 57 9 47 9.47 9 52 Oct. 945 9.57 945 9.47 952 Dec. 9 05 9.05 900 9.00 9.00 BELLIES— Julv 14 20 14 00 Sept 13.05 13.05 J’u Timm Sttrrin! CHICAGO. July II —Carlots Wheat 46: corn. 68: oats, 19: rve. i. and barley. 1. CHICAGO. July II —Primary receipts: Wheat. 3.130 000, against 2.528.000; corn, 442.000. against 535.000; oats. 178.000. against 416.000 Shipments—Wheat. 1,238.000. against 1.161,000; corn. 379.000 against 816.000. oats. 318,000. against 269,000. TOI.EDO, O. July 11 —Grain close; Wr'hea'. No 2 red. 86%®87%c Corn—No 3 yellow. 84*, 85c. Ol's—No 2 white, 41 > 43c Rye-No 2. 75c Bariev-No. 2. 56c Clover—Domestic cash. $13.25'; prime rhoir. sl3 55; October. 814; December. $ ! 425 A’stke—Cash. 11195: Ootober. 612 25 Butter Fancy creamery. 38 Y 39c. Pegs Country run. 18® 20c Hay— Timo'hv *1 25 ewt.

Cash Grain

Thf bids for car lot* of grain at the rail of the Indianapolis Board of Trade, f o h. fhlpn'ng poiut. basis 41%c New York rat*, were: Wheat —Easy; No. 2 r-d 77-6 79r: No. 3 hard. 7476 c. CornFirm No 2 white. 79®81c: No. 3 white. 78*1 SOc: No. J yellow 74'.;75c; No. 3 yellow. 71®7<c. No. 2 mi'-ed. 72 •• 73c No. 3 mixed 714; 72r Oats- Firm: No 2 white. 33S 33%e: No 3 white 37% 0 330 Hav—Steady; >F o b country points taking 23%c or lex* rates to Cincinnati or Louisville'. Timothv *l4: No 2. sl3 No. 3. $11.50. No 1 light clover mixed. sl2 50: No. 1 mixed. $11.50; No. 1 clover hav $1 00. -Inspection Wheat No 1 red. 19 cars; No. 2. 6 tars; No. 5. 1 car. No. 1 hard. 1 car: No. 1, gears: No 2. 1 car: No. 3 2 cars: No. 4. 2 cars Sample I car. Total 41 cars. Corn -No t white. 4 cars: No. 2 white. 1 car; No .3 white 2 cars; No. 5 white. 1 rar: Sampl* white. I ear; No. 1 yellow. 8 cars No 2 yellow. 8 cars: No 3 yellow, 1 car: No 4 yellow 2 cars. Total. 29 cars. Cats- No. 2 wh'te. 4 cars: No. 3 white. 1 ear; No. 4 whit* 1 car Total. 6 cars. Rye—No. 3 timothy. 1 car. Total. 1 car.

Local Wagon Wheat

CIV grain elevators are paving Tic tor N'\ 2 red wheat and >9c for No. 2 hard wheat.

New York Bank Stocks

—July 11— Bid. Ask. America 98 100 Bank of United States ... 42 42 Bankers 139 UO'i Brooklyn Trust 095 705 Central Hanover 331 334 Chas* National 137 130'* Chatham Phoenix National. 105 100 Chernies! *4 65 Citv National 140 141' 2 Corn Exchange 160 161 Commercial 385 395 Continental 27 23 Empire 76* 3 78 First National 4.835 4.900 Guaranty 616 620 Trvtng 48** 49 Manhattan A Cos 109 110 Manufacturers 94*i 96 New York Trust 226 228 Public 105 107 Che’sea 33 37 BULL FIGHTER TRAINS American Matador Practices for 1930 Season Contests. T'nitrd Prft* MADRID. July 11.—Besides doing some sightseeing. Sidney Franklin, the American “matador de novillos,” spent the winter going to various Spanish ranches, practicing his art with the bulls. He will start the 1930 season fighting the 3-year-old “novillos.” but if he is in as good shape as he was at the end of the 1929 season. he probably will be given the “alternativa” to fight the 4-year-clds. He would then hold the "doctor's degree" of cull fighting, and his title would be “matador de toros." HAITI LABOR UNION LAGS Natives Skeptical About Paying Out Money for Dues. B * Vnitnt frru PORT AU PRINCE. Haiti. July 11.—T v e organization of a Haitian labor party is slowly under way. Laborers are most skeptical about joining such a union and the organizers will experience great difficulty in collecting fees to maintain the party. The average Haitian laborer willingly will attend a meeting and voice his stand, but to pay out for something that does not bring immediate and tangible return is a horse of another color. Until one iaitian learns to trust another Haitian more than be does 'now. a real i"Sor party in Haiti is an unpossibiLty.

New York Stocks “(By Thomson A McKinnon' 1

—July 11— _ _ Railroad*— H Atchison 7-0 218% mi * Balt it Ohio 106 104 165 * 106 Chesa & Ohio 1*6% lJJ'i 1* * Che.aa Core *2% 62 62 ® • Ch! Grt l^est... 10% 10% 10 lo# Chi N West 73% 72% 73 'j < c r i it p Del Lit w • *] ”5 ’ Erie 43 43 42 • 43 Great Northern. ... ... . ns-, .8?, ip MKit T 40% 38% 28% 28V• Mo Pacific W** :g: Mo Pacific pfd.. .. 122% 131 N Y Central. 163 161% 161% }62 Nickel riate . 105% 105 105% 104 NY Nil A: H 108 , 105 ■* 107 10< * Nor Pacific . 75 74 74 75 Norfolk it West. 226 27 J *?2,. Q b vv 11% 11% 10% Pennsylvania . 75% 75% 75% 75% Reading 1 157 ,n " So Pacific ...117% 116% 116% 117% Southern Ry 95*> 95 95 95 It nr--:::: 8? S’ CnlonSacfflC '. 219 217% 218 218 * Wabash 35% 35 35 35 W Maryland . . 25% 24 24% 25% Equipments— Am Car it Bdy. SO .. 50 49% Am Locomotive. 47V* 47 47 ... Am Steel F* 39 38% 38% 38 Am Air Brake fl 42 41% 42 41% Gen Am Tank 84% 83% 83 • 84 * General Elec 69% 6i% 67% 68% Gen Rv Blgnal.. 80 ... 80% 80 Va N Y Air Brake 39 ... 39 39 Press Stl Car 7% . 7% 7 Pullman 66 6.5 5 , 68 65 # W'estlngh Ar B 40% 4040 39% Westingh Elec .139’, 135% 135-• 133 Rubbers— Pirestone 20% ... 20% .... Pisk 2% 2% 2 s # 2% Goodrich .26% 24 s # 25 25% Goodyear .. .... 61% €O% 60% 62 Kelly" Sprgfld 3% ... Lee Rubber 5 5 U S Rubber 22 21% 21 s , 22'/ Motors — Auburn ... ...112', 107% 108% 110 Chrysler 28% 27 s , 28 *3% Gardner „ 2 s * ... Graham Paige .. 6 5% 8 . . General Motors . 42% 41 s , 41 s , 42% Hudson33s,2 5 ,3 l 32 31*4 Hi.pp 14% 11% 14 s , 14% Mack 851* Si 54 54'/* Marmon 10% 10% 10% 10% Nash 35% 34% 34% 35 Packard 13 s , 13% 13 s * 13% Reo 9% 8% 8% 9 Studebaker .... 32% 31% 31% 31% Yellow Truck . 26% 25% 26 26 Motor Access— Am Bosch 31% Bendlx Aviation 30 s , 30 3* 30% Borg Warner . 29', 28% 28 s , 29% Briggs 19% 18% 18 s , 18% Eaton 24'/, 23 23 23% El Storage B 65';? Haves Body .... 6% ... 6% 6% Houda 11 10% 10 s , 10% Sparks W 21% 21 21 21 Siewart Warner ... .. 21% Timken Roll 58 s * 58 58 58% Mining— Am Metals 33% 32 33% 34% Am Bmelt 62 • 61 62% 63 Am Zinc 8 . .. 8 8 Anaconda Cop.. 49% 48 48% 50 Cal Hecla 15% 15% 15% 15% Cerro de Pasco. . 49V* Freeport Texas. 42% 41% 41% 42 Granby Corp ... 21% 21% 21% 21% Great Nor Ore.. 20 19% 20 Howe Sound 28% 23% Int Nickel 24% 24 24V* 24% Inspiration 15 s , Kennecott Cop. 38 s , 38 38V, 38 s , Magma Cop .... 33% 32% 33 Miami Copper 16 s , 16 s , Nev Cons . 16 15% 15% 16% Texas Gul Sul. 54% 53 s , 53% 54% U 8 Smelt 18 17 s , 17 s , 17% Oils— Amerada ... 23 22% Atl Refining . 36% 35% 35% 36 Barnsdall 23 22 5 , 22% 22% Beacon 14', 14% 14% ... Houston 78% 75% 76 77% Ind Oil 22 21% 21% 21% Indian Refining.. 12% 11% 11% 12% Mex Sbd 21 19 s , 19 s * 20% Mid Conti 24% 24% 24 5 , ... Pan-Amer (B>.. 58 57% 58 58% Phillips 33% 32% 32% 32 s ,* Pr Oil Ac Gas... 37 35% 367* 37 Pure Oil 21 20 s , 21 21 Richfield 19% 17% 18 18% Roval Dutch.... .. ... 54’,* 54 s * Shell Un 19% 18% 19 19% Simms Pt 22% Sinclair 23% 22% 22% 22% Skelllv 30% 30 30 30% Standard of Ca . 61% 61'* 61% 61% Standard of N J 69% 68% 68 s * 70 Standard of N Y 32'* 32 32% 32% Texas Cos 51% 51% 51% 51 Union Oil ... 41'/, 42 Steels— Am Roll Mills.. 52% 51% 51% 51% Bethlehem ... 82 s , 817* 81V* 81% Bvrs A M ... 73% 71% 71% 71% Colo Fuel 48% 46% 46'/* 47'/* Cr>’C Steel 77 s , 77V4 77 s , ... Ludium 25% 25 23 24% Midland 26 96 Newton ... 38 36% Renuh I&S .. 42% 42 42% 44% U S Steel 160% 157% 157% 159% Vanadium 84% *l% 81 s * 82 s , Youngst S Ac W 36 Youngst S & T 115 Tobarros— Am Sumatra ... 10% 10 10 10 Am Tobacco 4At 231 230% 231 Am Tob iBl .237% 236 236 237 Con Cigars 36% Li* it Mvers B. 92% 91 91% 91% Lorillard 18% 18 s * 18% 18% Phil Morr's .... .. ... 11% Reynolds Tob . . 50% 50 5 n % 50 Tob Pr (A) 13 12% 12% 12 s * Tob Pr ißi 4% *% United Cigar 7V* Utilities— Ahitihi 26 27 Adams Ext! . ... 25% 24 s , 25% 25% Am For Par 65 s , 63% 63 s , 64% Am Pwr Ac Lt.. 83% 83 83% R 7% A T Ac T 210'* 208 208 210 Co] Gas Ac El .. 63 % Com * Sou 14 13 s * 13% 14 El Pwr A: Lt 69% 67% 67% 68% Gen Gas (61..., 10% 9% 9% 10% Inti T A; T ... 44% 43 s * 43% 441Natl Pwr it Li.. 40% 39 39% 39% No Amer Cos 04% 92 s , 92% 94% Pac Gas A- FI. ... 57% 56% 57 56% Pub Ser N J 96% 94% 94% 96% So Cal Edison.. 57% 56% 57 56% Std GAc El 92% 90 s * 90V, 91% United Corn .... 32% 31V* 31% 32% Ut Pwr A LA... 33% 32% 32% 33 West Union 166% 164 166% ... Shinning— Am Inti Corp... 34% 33 33% 33% Am Ship A Com. .. .. I s , Int! Mer M pfd 22 *2i% United Fruit 93 s * 92% 93% 92% Foods— Am Sugar 53 s , 52 s * 53 s * 53'Armour (At s', 5 51/, 51, Cal Pke 63% 63% 63 s * . £an Dry 63 s 4 63% 63 s * 62% Childs Cos ... 50% Coca Cola 174 Food),— Cent Baking (A) 23 s , 2311 23% 24V Corn Prod 93 s , 92% 92 s , 94 ' Com Wheat 29% Cudahy Pkg ... 40 394* 39% ‘46

In the Stock Market

( Bv Thomson Ar McKinnon! NEW YORK. July 11.—The disposition of the market to rest a bit and even recede slightly following the recent recovery would seem to be only natural. It is hardly to be expected that at this time we should have a straight advance. There are not sufficient grounds for it. Late In the day the market was called upon to withstand the influence of an abrupt drop of wheat prices into new low ground. Also contributing to the feeling of hesitancy was the intimation that one of the leading electrical companies had failed to earn its dividend in the second quarter. Generally speaking, however, we observe a decided change in sentiment. Expression of confidence on the part of several prominent market operators was viewed quite significantly. Looked upon with considerable satisfaction is the narrowing of the spread between wholesale and retail prices as reflected in the general reduction in new catalogue prices of the two leading mail order houses. Quite likely this move will be folic wed by other retail establishments. There has been much to be disgruntled about over prevailing retail prices in view o fthe low commodity prices. Eringing retail prices down to prewar levels in many instances should materially increase -onsumption and through the distribution of supplies hasten the rivival of industry as a whole. With the possibility of market leadership making its appearance. supplemented with an underlying investment demand, we feel any reasonable reaction should invite purchases of the better class of stocks. New York Curb Market —July 11— Close. Close. Am Com Pur A. 22\ National Inv ... 13 Am Gas & EI.U3H Nia Hud Pwr.. 16*< Am Lt ATr .. 59 s Niles 27‘ Ark Ga* 9\ Noranda 2S^ Aviation ot Am 43* Ohio Oil 6*’* Brazil P 4 1.. 39 Pantepec 2 Can Mare 4S Penroad 11H Cities Serv 36*, Prince A Whtly. 10 Durant Mot 2 V Set Indua 6*4 Elec Bond Sh.. 78VShenandoah ... 94* Fokker 18 l Std of Ind 50^ Ford of Can ... 31 > Std of Ky 31* Ford of Eng ... ISHi Stutz 2H Pox Theater ... S l Trans-America.. 26* Goldman Sachs 21 Trans Air Trans 84 Gulf Oil Wa men 22 >4 Hudson Bay ... 8 Un Gas mewi. 14S Humble Oil .... 89 Un Lt * Pwr .. 38\ Insult Ut S6. Un Verde 10 Int Super S3S ut In Ind 12> Int Pete a lIS Ut Pwr 1% Marine Mid .... *IV Vacuum OU .... •s' Midwest Ut ... 27H Wailgreen >444 Me Kan Pipe .. 34 ii i aw *

Cuban Am Sugar * Oen Foods .... 65% 54 s , 55% M% Grand Union... . . . 14 13% Hershey 93% 91 93% 91% Kroger 25‘, 25V* 25% 25% Natl Biscuit 84% 83V, 84V, 84% Plllsbury 30 30 Safeway St 77% 76% 76% 76% Std Branda 19% 18% 19% 19 Ward Bkg 8% 8 8 ••• Drug,— cotv Inc 19% 19% 20% 20% Lambert Cos ... 83% 82% 82% 83Lehn A Fink 27 26% Industrial,— , Am Radiator .. 26V, 23% 24% 26% Bush Term 34 ... Gen Asphalt 44 43% 43 , 44 * Lehigh Port ... .... 30 Otis Elev 63 62'a 63 63% Indus them,— . ... Allied Chem ...261'* 258 258 s . 209 Com Solv ...... 23% 22 s , 22% 23 Union Carb .... 70 68 68% 68% U S Ind Alco.. 68 67 68 87 Recall Stores— Assoc Dry Gds. 36% 38V* 36 s , 36% Oimbei Bros 11% Kresge 8 S .... 27 s , 27% 27 5 . 27% May D Store ... 43V, 424, 43% 42% Mont Ward ... 354, 34% 34% Penny J C .... 52% 521, 52% 52 Schulte Ret Bt. 7% 7 7V, .. . Seers Roe 67% 65 85Vi 67 Woolwerth 57 s , 56% 56V, 57% Amusement,— Bruns Balke 17% 18% Col Oraph .... 17% 18 s * 16% 17V* Crosley Radio 11V* 11% Eastman Kod ..204 s , 199% 201’* 203% Fox Film A ... 41% 40V, 40 s , 40 Grigsby Gru 13% 13 13% 13% Loews Inc 67% 654a 65 s 0 66 % Param Fam 58% 57 57% 58 NEWLYWED ROADS OPENED IN LAST WEEK Heavy Tourist Traffic Is Reported by Indiana Highway Board. Numerous new paving jobs were completed during the week and roads went back into traffic service, the state highway department bulletin announced today. Tourist traffic was reported as being heavy. General road conditions were listed as follows: Road I—Narrow sharp turns between Batesville and Metamora. Road 2—Twenty-flve-mile detour from Lowell to Hebron. Run-around at Benton. Road 6—Detour east of Road 49 is two miles. Detour from Llgonier to Kendallvllle is 22% miles. Road 7—Closed between Wirt and North Vernon. Traffic detour over state roads. Indianapolls-Madison traffic go via Road 29. Detours Are Listed Road 9—Detour from Greenfield to Junction with Road 67 is fifteen miles. Detour south of Columbia City for heavy traffic is 5% miles. Light traffic use run-around. Detour between Columbia City and Merriam Is ten miles. Detour from one mile north of Howe to Sturgis, Mich.. Is five miles. Road 15—Detour from Warsaw to three miles south of Leesburg Is five miles. Road 21—Detour from Ohio line to one and one-half miles north of Boston Is eight miles.

U. S. Road 27—Detroit three and onehalf miles north of Liberty is four and one-half miles. Bridge run-around Just north of Deerfield. Detour just south of Geneva is six and one-half miles. Detour from Ft. Wayne to De Kalb-Allen county line is fifteen miles: twelve miles of which is pavement. Bridge run-around two and one-half miles west of Auburn. Road 28—Detour from one mile west of Romney to one mile east of Romney is three miles. (Open July 15.) Road 29—Bridge run-around one-half mile south of Michigantown. Drive carefully past grading gangs between Burlington and Middlefork. Bridge run-arounds at 3%. 5. 9. 11 and 14 miles south of Logansport. Detour from two miles north of Winamac to nine miles north account paving is eleven miles. Care Urged in Driving U. S. Road 31—One-way traffic at north city limits of Columbus. Short detour in Greenwood. Bridge run-around at north edge of Carmel, over railroad tracks should be driven carefully. Bridge run-around at two miles north of Carmel. Road 32—Temporary changeable detours between Lebanon and Shannondale. Drive slowly Just west of Noblesville. Road 33—Detour from Sellersburg to New Albany is nine miles over pavement. Road 35—Detour from Salem to New Albany is thirty-six miles. Road 36—Detour from Junction of Roads 36 and 63 to Dana is ten miles. U. S. Road 40 —Dustless detour for onehalf mile west of Bridgeport to paved Road 36 into Indianapolis is two and onehalf miles. Other Detours Given Road 43—Detour from Cloverdale north to U. S. 40 just east of junction is twelve miles. Detour from Crawfordsville to Lafayette is thirty-two miles. Detour from five miles north gt Lafayette to Brookston is eleven miles. Detour from Francesville to Medaryville is nine and one-half miles. Detour from Medaryville to San Pierre is eighteen miles. Detour at one mile north of Wanatah is five miles. Road 44—Detour from Rushville to four and one-half miles west of Connersville is twelve and one-half miles. C. S. Road 50—Detour from one mile east of Haydon to North Vernon is seven miles. U. S. Rd. 52—Detour between Andersonville and Metamora account construction is eight miles and will go into effect about July 14. Road 53—Detour from Montmorenci to four miles south of Wolcott is twenty miles. Detour at four miles north of Rensselaer is four miles.

Indianapolis Stocks

—July 11— Bid. Ask 4mer Central Life T ns C 0.... 1.000 •Belt RR A Yds Cos com 5944 63 •Belt R R A S Yds Cos pfd... 56 61 Bobbs-Merrlll Cos 30 33 S •Central Ind Power Cos pfd 89 94 •Circle Theater Cos com 10544 Citizens Gas 27 Citizens Gas pfd 97 iol Commonwealth L Cos pfd 7®',... 98 102 1 * •Commonwealth L Cos pf 8 74. 99 •Hook Drug Cos com new 23 25',4 Ind Hotel Cos Ciavpool com. 125 Indiana Hotel Cos pref 100 io4 Indiana Service Corn ores. . 86 •Indlanapo'ls Gas Cos common 56'4 6144 Indpls North 'Western •Indpls Power A Lt pfd 102 104 Indpls Pub Wev Loan As com. 53 58 Indpls St Rv Cos pfd 10 Indianapolis Water Cos pfd ...101 i0244 •Interstate USCo pr 671 Lpf 8844 93 Interstate Pub Serv 7% 102 103 •Northern Ind Pub 774 co pfd. 106 Metro Loan Cos .... 99 •Northern Ind P 544® co pfd 92 ... •Northern Ind Pub 6®4 co pfd 99 101 •Progress Laundrv Cos c0m.... 44 47 S Rauh A Sons Fer Cos pfd Real Silk Hosiery M Inc pfd.. 96 Shareholder* Investors Cos. ... 23 Standard Oil Cos of Ind 50 T H I E pfd 6 Terre Haute Trac L Cos pfd... 79 Union Title Cos common 40 Van Camp Prod Cos Ist pfd. .. 98 Van Camp Prod Cos 2nd old. .. 98 •Ex-Dlrldend —Bondi— Belt R R A Stock Cos 5a 91 Broad Ripple 41 Central Indiana Gas Cos 5s 9944 ... Centra! Ind Power Cos 6s 984 ... Citizens Gas Cos 5s .100 Citizens Street Railroad 5s 42 Gary St Rv Ist Ss 65 Home T A T of Ft Wavne 65.10144 ... Ind Northern Trac Cos 244 5 Ind Rv A Light Cos 6s .... 95 Indiana Service Corpn 5s 88 Inapis Power A Light Cos ss. .10044 101 Indiana Un*or Trac Cc ss. .. 7 Indpls Col A Trac Cos 6s 92>i ... Indiananohs Gas Cos ss. .100 Indpls A Mart Rapid T Cos 5s 6 Indpls No Trac Cos 5s II Indpls North Western Cos Indpls Street Rv 4s 29 30*4 Indpls Trac Ter Cos 5a 8144 ... Indpls Union Ry 6s 100*, Indpls Water Cos 544* 103 10444 Indpls Water Cos 5s 98*4 ... Indpls Water Cos lie A ref 98's Indpls Water 4*4s 94 Indpls Water W Sec Cos 5a.... 8844 ... Iterstate Pub Serv CO 4*4 .... 9144 ... Interstate Pub Ser Oo 5s 98 ... Interstate Pub Serv 644a 103 No Ind Pub Serv Cos Ss ...10144 ... No Ind Telephone Cos 6a .... 9744 100 T H It'd A East flSe Cos Ss 64 T H True Light O? 5s 82 Union Trae of TnA 20 6s 19 Interstate Pub But !, 10 thaw at. .101

THE INDIANAPOLIS TIMES

PORKER MARKET 10 TO 15 CENTS HIGHERAT PENS Light Steers and Heifers Show Strength in Cattle Trade. Julv Bulk Top Receipts 2. $9.50 $9.80 5.500 3 9.60 9.65 5.000 7. 9.85 9.99 6.500 8. 9.604( 9.85 9 90 6.000 9. 9.50419.75 9.85 5.500 10. 9.50® 9.75 9.85 5.500 11. 9.60®9.90 10.00 5.500 Decided strength was evidenced in hogs today at the city stock yards, the market being mostly 10 to 15 cents higher. The extreme range of prices was steady to 25 cents up. The bulk, 160 to 300 pounds, sold for $9.60 to $9.90. Receipts were estimated at 5,500, holdovers were 388. Cattle receipts were 600. Light steers and heifers were strong, cows steady. Vealers were strong and higher, selling at sl3 down. Calf receipts were 750. Sheep and lambs were $1 higher, good and choice lambs selling at sll to sl2. Receipts were 1,100. Chicago hog receipts were 21,000, including 8.000 direct. Holdovers were 8,000. The market held steady to 10 cents higher than Thursday’s average. Hogs scaling under 220 pounds showed the advance. Few loads of choice 160 to 210-pound weights sold at $9.60 to $9.75; around 280-pound weights, $9.00. Cattle receipts were 25,000; sheep, 5,000. HOGS Receipts, 5.500% market, higher. —Light Lights—-(l4o-1601 Good and choice i.35®9.75 —Light Weights—-(l6o-190) Good and choice 9.90 (180-200) Food and choice 9.90®10.00 —Medium Weights—-(2oo-220) Good and choice 9.90® 10.00 (220-250) Good and choice 9.60® 9.75 —Heavv Weights—-(2so-290) Good and choice ... 9.50® 9.60 (290-350) Good and cho'ce 9.25 m 9.50 —Packing Sov'S—-(27s-500) Medinm and good 7.75®8.50 —Slaughter Pigs—-(loo-130) Good and choice 8.85@ 9.10 cattle (Slaughter Classes! Receipts, 600 r market, steady. —Steer*.— (600-1100) 1 Good and choice Common and medium 6.50® 9.75 (1100-1500) . __ Good and choice 10.00*512.00 Medium 7.25® 10.00 (550-850) Good and choice 9.00*511.00 Common and medium .... 6.00® 9.50 —Cows— t Good and choice 6.75® 8.00 Common and rr.edinm 5.00® 6.75 Low cutter and cutters 2.50® 5 00 —Bulls (Yearlings excluded' Good and choice (beef) 6.25® 7.50 Cutter, common and medium 4.00® 6.25 CALVES and VEALERS Receipts. 750: market. higher. Vealers (Milk Fed) Good and choice $1? Medium 9.50®12.50 Cull and common 6.50® 9.50 Calves (250-500) Good and cho'ce $ 7.50® 9.50 Common end medium 5.00® 7.50 STOCKER AND STEERS (500-600) Good and choice $ 7.00® 8.50 Common and medium 5.00® 7.00 (800-1050) Good and choice 7.00® 8.50 Common a"d mdinm 5.50® 7.00 SHEEP AND I AMBS Receipts. 1,100: market, higher. —Lambs— Good and choice $11.00®12.00 Common and medium 7.00®11.00 —Ewes— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50

Other Livestock CHICAGO. July 11.— Hops— Receipts. 2V--000 including 8 000 direct; strong to 10c h’Pher: mostly 10c higher: fairlv active to vhinners and small packers- ton. *9 80: light lights 140-160 Ihs.. good end choice. 69 [email protected]: liPht weights, 160-200 lbs., good and choice. *9.61@9?8n; medium weights. 200-250 lb* good ard choice. *[email protected] - heav” weiehta. 250-350 lbs., good and oholce. SR "75(Vr-9.30: nacking sow". 275-500 Ihs.. medium end goad, 67.50W8.40slaughter nigs 100-130 lbs . good end -hoice. 68 [email protected]. C-ttle—ftceints, 2.500: calves 1.000: generally steady to strong market- undertone firm on vearlings. dull op weighty steers; top 611.25- steers. 600100 lbs . good and choice. 61041:11.76: 900I. Ihs.. rood and choice. *9.50@12-1:100-1 3d Ihs . rood and choice. *9.75@ H 50; 1 soo-l 500 lbs., good and choice. *9@ 11. COO-1 300 lbs. rnrr-mrn and medium 66.75479 50- heifers. 550-850 lbs., good and r hem#. 69.754V11.25: common end medium. 66479.75: cows, pond and choice. $74>9common and medium. 65@7: low cutter end rutter.s. 64-6 5 25: hulls (yearlings excluded). good -and choice beef. 67418. 50cutter to medium *6@7 6Q- veals (milk fedt. good end choice, [email protected]: medium 61047 H 50- cull and common. $647: 10: steers. 500-1.050 lbs., good end choice 67.75479.50- common and medium. 65.50 477.75. Sheen—Rec*ipts. 5.000: market, active strong to 25c up: natives lambs. 610.75 to mostly 611; few loads ranee lambs. 611.50: fat ewes strong mostly. 63 @3 50; feeders scarce- lamb*. 90 lbs. down, good end cho’ce 610 504711.50: medium. *9.514710 50; ail weights common. 66.5047 0: ewes. 90-150 lbs. medium to choice, 624? 3.75; ail weights cull and common *147 2 .60- feedine ia m bs. 50-75 lbs., good and choice. *7.25®8. Hu Time* Rnrrtal LOUISVILLE. Ky.. July 11.—Hogs—Receipts 800: market, steady: 260 pounds up. 69.05: 165 to 250 nounc’s. 69.65: 130 to 165 pounds, 68.85: 130 pounds down $7.15: roughs. 66,65: stags. $6.05. Cattle—Receipts 200- market. steady: prime heavy steers 68 51479.50- heavy shinning steers. 67.2547 8.50: medium end plain steers. [email protected]: fat heifers. $6479: good to choice cows, *4.50 to *6 50: medium to good cows. 63.50 474 50: cutters 63473.50- cenners 5245 3bulls 64476.25: feeders 66 50478.60- Stockers. *s@7. Calves—Receipts. 300: market 50 cents higi'e'-: choice 610 to $10.50: medium to rood s9@lo- common to medium 66 50478.50. Sheep—Receipts. 2.009: mar- . steady; ewes and wethers lamhs. 611 50; buck lambs. *9.51- *econ-is, *4.504) 5.50- clipped *2 6"47j si- ’ Th"-*-dav’s shipments: CatUe 123; calves. 134; hoKS. 72. and sheen 2 104. Pit T*m>9 EAST ST T GUIS. in.. July ll.—Hogs—-t,-,e^rnn: market light, medium weiehts 104720 c up: hea-i* slow: steed”' J h ' 69 60479 69: top 69.85: 230-260 Ihs.. 69 2 5 479.55: sow* *8478 36 cattle—Receipts. 900: calves. 600: market. s supply, slow- vealers stadv at *12.50: other* steady. Sheen—Receipts. 1 500: market W lambs acM’’e ful'v 25c "5: b ”! K. *10.754711: top. $11.15: throwouts. $4.50. Rv Tended Prrnu a —Ho*s—Receipts. i. 3 ® 0 *-*SO rt, recf: heldover. 60: steady op 170-230 lbs.; heavier niv,f W u B ui SD ? ts - 25 cents lower: pigs and light lights, strong to 25 cents highersiuea k : h,llk desirable 170250 lbs.. *9.75m 10: mostly *lO on 230 Ihs. down: some 280-300-lb. weights. 69.25@,9 50better grade. 120-160 Ihs . $9.25479.50- few Sfrong weights UP to $9.75: sows. *7.75 to mostly 66: few smooth light weiehts. $8.75 Cattle—Receipts. 375: calves. 30Q- all CJ'des cows strong to mostly 25 cents higher: hulls, strong t, O 50c higher- lower grades showing full ad'->m-e- voaiors erratic; 50 cents to *1.50 higher: other slow. ste?dv to w*ak: common ard tr ! ass Steers end heifers, mostly 66478: beef cows. *5 25476 50; gome up to *7- low cutters and cutters. *2.75474.75hulk. *3 2547 4 25; bulls, mostly S6-g:6.50-ton *7: good and choice vealers Sli4? 11.50- strictly choice light kinds. *l3- common and medium mostly *74710 50 Sheep —Receipts, l roo: better grade lamb.* active: fully steady: soots strong; lower grades and sheep slow, steady: good and choice lambs. *10.50 to m-rti v *ll- common and medium. *547 5.75- good buck lambs up to *8.50: fat ewes. *2413. Hu T~nifrtf PrK i F Y K , T J AND i Tulv 11-—Hogs— Receipt* I.’OO- holdovers 61- venera 1 steady; 190-250 Ihs.. *10.104710.15: 250-280 lb. butchers 610 4710.15: 280-S2O-lb. averages. 69.754710: n<g*. *10: paokl-g grade. 25c off- sows *7.75: stags. *5.75. Cattle—Receipts. 550: steer run. common and medium, most’v rnmmon grade, early sales around 25c off: sn* stock find bulls stpriv: common and n'edlum steers. *6 50 @8.50: cutter steers downward to *5.51: heef cows *5.25~@7: medium, bulls. *5.50477: few at *7.25 Calves—RccelDts. mnstlv steadv* eood end choice veals. *13.50*714: practical veal ton. *l4 50; weighty calves. *11*? 12 50: thin -messers downward to *9 Sh*n—Receipts. 150- under limited supplies: killing classes 25550 c up: rood and choice lambs *ll@’2medium and common grade, jo s/ia-m snculls, downward to *6: ewes. *2.50473.50: few at *4. Hu United Drees PITTSBURGH July ll.—Hogs—eeeinte 1 500- market, steady; choice. 170-210 lbs. *lO 65 : 250 lbs.. *9 95: smooth sow*. *3 2? ttatle—NotP: market, nominal. Calves— Receipts, inn- best grade vels. 754750 c UP: hulk 612.734713- ton. *13.50. Sheep-Fe-elnts. 500- fat lambs, about 50c up: choice natives. $114711.50: extreme top. *l2: other classes, scarce. Hu ruffed Preea TGI .EDO July 11.—Hog?—Receipts. 250; market slow on heavies: lights 10c up: hea-ies. 54t.75459.25: mediums. *9.40479,50: workers. *9.2547# 75: pigs. *9 25f!<> 50 C.ttle—Recipts. light: market stefLv. Calve-—Re-elots. light: market st-ons. Rheeo— Receipt*. light: market slow: Oo*"tvclover—Cash. 6t3 2.6- prim* " v olce. *13.55: October. (24: December. *14.25.

BELIEVE IT OR NOT

WRESTLED /2 HOURS (no fall) WE DISLIKE TO EXCHANGE JOB LOTS OF SIZES VARYING with the Finnish chwioi FROM 9 QUARTER UP- is A SENTENCE (y Owns DOE WITH ANTLERS ATTENDED 3 GOLDEN WEDDINGS IfctflLES LONG And 85 FEET Wide w AS SHOT BY c. HACKER OF 3 MEMBERS OF The RAA6E family C&mtLCfil —. L. *— ■ ® 1930. Kim FmturM 'hndicM. !>*- Grml Bm*i. r*kt. -

Dow-Jones Summary

LONDON—New York cables opened st 4.86%c unchanged from Thursday's close. Paris checks 123.64 c. Amsterdam 12.097 c, Italy 92.885, Berlin 20.39. British board of trade reports United Kingdom imports in June were 83.441.000 pounds, against 91.037,000 pounds in May and 91.497.000 pounds in June 1929. Exports were 42.845,000 pounds, against 51,012.000 pounds in May and 49,893,000 pounds in June 1929. Sugar melt of 15 United States refiners Jan. I. to June 28, totaled 2,365,000 long tons against 2,585,000 in like 1929 periods. Deliveries 2,145,000 long tons against 2.345,000. Proration committee of Mid-Continent Oil & Gas Association has called meeting of Oklahoma oil operators in Tulsa for .July 15. to decide on plans for further curtailment by 2 Oper cent of present allowable proratlon production. Tide Water Pipe Company reduced Penngrade Crude Oil in the Bradford Field In Pennsylvania and adjacent Allegheny Field in New York 15 cents a barrel to $2.10, effective July 11. Lehn & Fink Products Company first six months earned $2.19 a common share against $2.20 a share In like 1929 period. Oil operators in Rumania have agreed in principle to accept offer of Standard Oil of New Jersey and Roal Dntch-Sheil to buy all export surplus of Rumanian Oil—operators also agree to restrict drilling. New York Centra! Railroad to build freight terminal on four blocks bounded by Clarkson, spring. Washington and West streets in New York to cost between $lO,000.000 and $15,000,000. Estimated area sown to wheat in Canada for 1930 is 24.583.800 acres against 25 - 255,002 In 1929. according to dominion bureau of statistics. Hudson & Manhattan Railroad Company elects to presidency Charles D. Emmonds. formerly president of United Railways and Electric Company of Baltimore. Noblitt-Sparks Industries. Inc., earnings for five months ended May 31. $1.58 a share on 77.267 common shares, against $2.23 a share on 75.000 common shares in like 1929 period. May net profit amounted to $49,446 after charges and taxes, against $46,351 in May. 1929. Daily average volume of federal reserve bank credit outstanding in week ended July 9 was *1.075.000.000 an increase of $41,000,000 over previous week, but decrease of $336,000,000 from like 1929 week. Gold movements at New York during week ended Julv 9 consisted of imports $519,000 of which $335,000 was from Brazil. 6122.000 from Ecuador and 662.000 from Latin America. Gold earmarked for foreign account Increased $3,000,000.

Willett ft Grav estimate sugar consumption in United States in first six months at 2.860.420 long tons against 3.009.377 in like period 1929, a decrease of about 4.95 per cent. Brokers’ loans, off $16,000,000 to *3.203.000.000. Federal reserve ratio. 81.7 against 80.7 a week ago and 73.0 a year ago. New York --atio. 82.1 against 81.2 and 68.7 respectively. Rediscount rate, unchanged at 21 Vi per cent. Auburn Automobile Company in quarter ended Mav 31. 1930, earned *4.25 a share on 180.882 common shares against $8.05 on 173.385 shares in 1929 quarter. Six months earnings $4.79 against $11.28 In same period nrevious fiscal year. Department of agriculture reports indicated corn crop of July 1, as 2,802,000,000 bushels against 2,622.000.000 harvested in i929. and ten-year average, 2,700,000.000. AH wheat, 806.000,000 bushels against 807,000,000 and 833,000,000, respectively. New York Stock Exchange loan on July 1 at 5.83 per cent of the market value of all shares listed against 6.33 per cent on June 2. a decrease of 0.50 per cent. On Julv 1. 1 929. ratio stood at 9:15 oer cent. Market value of listed stocks *63.892. 327.059 decrease of $11,126,528,224 in the month. White Rock Mineral Springs first sir months earned *2.38 a share on 250.000 common shares to be outstanding against 62.08 a share on like capitalization in first half of 1929. Pennsylvania Power and Light Mav balance after charges and taxes. 6861.856. increase *35.411 over May. 1929. Twelve months suplus after preferred dividends 57.114.871. Increase *196.450. Adams Millls Corporation declared regular ouarterlv dividends of 50 cents on common and $1.75 each on first and second preferred, all payable Aug. 1. record July 18. A tax valuation of *18.000.000 placed on holdings of Freeport Texas Company in Brmxorfa countv by figures established bv countv commissioners court. This is *7.793.000 more than value placed on holdings bv company, but less than Lalf orjginal valuation fixed at $6,111,010. Bryan Mound, the company’s whollyowned n-operty assessed at *1,918.000. and Hoskins Mound owned jointiv with Texas Company assessed at *10.781.000. Attorneys again file formal protest of valuation. Appalachian Gas stockholders to vote Julv 21 on authorization for 500.000 preferred shares for issuance as directors mav propose. A. Hollander tc Sen. Inc., six months ended June 30 net income was $151,666 after interest, depreciation and federal taxes against $335,821 in first six month? of 1929. Canadian Pacific first week July gross was $3,373,000 against 14.051.000 in like 1929 week. From Jan. 1 to Julv gross was $63,782,000 against 6302.963,000.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

GOVERNORS MAY. ASSEMBLE HERE City Has Chance to Land 1932 Conference. Indiana may be host to the Governor’s conference at Indianapolis in 1932, it was announced Friday by Governor Harry G. Leslie. “If the state and city will back the movement, I am convinced that we can entertain the Governors here,” Leslie explained. ‘Selection of the convention city will be made at a meeting of the officers of the organization and the executive committee next fall.” Leslie, who returned Wednesday from the annual Governors’ conference at Salt Lake City, will attend the fall meeting, as he was elected treasurer of the organization. Prospect of the chief executives of forty-eight states gathering here is one of the chief reasons for the Governor deciding to have his executive office redecorated and refurnished in Italian renaissance style, he said. It- is estimated that the improvements will cost not more than SII,OOO, according to Frank Caylor, statehouse custodian.

Produce Markets

Eggs (Country Runi—Loss off deliverd in Indianapolis. 16c: henery quality. No. 1. 20c: No. 2. 13c. „ , . , Poultry (buying prices—Hens, weighing 4% lbs. or over. 17c: under 4Vi lbs.. 17c: Leghorn hens. 14c: springers. 2% lbs. or over 21c: under 2Vi lbs.. 19c: springers. 14c: old cocks. 94810 c: ducks, full feathered fat whites. 9c: geese. 6c. These prices are for No. 1 too aualitv auoted bv Kingan & Cos. Buter (wholesale) —No. 1. 88@39c; No. 2 36@37c. Butterfat —32c. Cheese (wholesale selling price per pound I -American loaf. 31c: pimento loaf. 32c- Wisconsin firsts. 27c: Lognhorns. 34c: New York Limberger. 36c. dy: extras. 38c: extra firsts. 38c. Eggs—Steady; extras. 21‘bc: firsts 20c Poultry—Firm; fowls. 22c: medium. 21c: Leghorn 15®18c: heavy springers. 254730 c: over 3 lbs 2847 32c; Leghorn springers. 17@22c; ducks 12 4720 c old cocks. 12@14c; geese. 10@15c. Potatoes—No quotes. Ru Vntfr/I Pr*'** . , ' CHICAGO. July 11.—Egg—Market..steady: receipts. 19,197; extra firsts. 21'b4?,22c: firsts. 21c: current receipts. 19%<®20c; ordinaries, 1747 18V2C; seconds. 16Vic. Butter —Market, firm: receipts. 12.060: extras. 34c: extra firsts 31Vi4?32Vic: firsts. 294? 30c; standards. 34c. Poultry—(No market on Saturday, annual poultry field day), market, firm: receipts. 2: fowls. 22c: springers. 28c: Leghorns. 16c: ducks. 13c: geese. 16c: turkevs, 18c: roosters. 15c; broilers. 23c. Cheese—Twins. 16@16’4c: Young Americas. 17c. Potatoes—On track 128- arrivals. 53: shipments 1,235: market, weak- Kansas and Missouri sacked Irish Cobblers. [email protected]: Virginia barrels Irish Cobblers mostly $3.25. Bt> Prc*g CINCINNATI. Julv 11— Butter, steady: creamery in tub lots according to score, 3147 3 4c: common score discounted. 2®3c: nacking stock No. 1. 26c: No. 2,20 - No. 3.15 c: butterfat. 28@30c. Eggs—Firm: rases included: fresh gathered. 22c: firsts. 20c: seconds. 18c: nearby ungraded. 20c. Live Poultry—Thin and coarse stock sells onlv at heavy discount: fowls 5 lbs. and over 20c: 4 lbs. and over. 18c: 3 lbs. and over 18c; Leghorns 3 lbs. and over. 16c; roosters. 13c: colored fryers over 3 lbs., 32c; broilers colored over 2 lbs.. 28c: broilers over lVi lbs.. 25c: I*4 lbs. and over. 22c: Leghorn and Orpington broi’ers over lVi lbs. 22c: l'/ lbs. and over. 17c: briolers partly feathered. 17®20c; black springers, 20c. NEW YORK COFFEE RANGE —July 11High. Low. Close. March 6.14 5.95 . 6.00 May 5.96 .6.90 5 03 July 6.60 6.47 6.47 September * c *1 sA* December 6.22 6.08 6.15 POLICE CHARACTER DIES TO SAVE YOUTH Effort to Rescue Boy from Path of Train Is Futile. Bu United Preon KALAMAZOO, Mich., July 12. In life Orla Mock was known as a “police character’’ and called a “jungle buzzard,” but today in death he was a hero. Mock, 60 years old, gave his life Thursday in an attempt to throw Perry Paradin, local youth, out of the path of a speeding train. He was a moment too slow and the train hit them both. Paradin suffered a fractured skull, a broken leg and numerous bruises. Paradin was crossing a trestle when Mock noticed him. He saw the did not realize a train was approaching and rushed to save him. Jack Gurd, a companion, ran with him. Gurd jumped fiom the Nestle into the river to save himself.

By; Registered O. 8. Ls V Patent Office. RIPLEY

Chicago Stocks “ißy James T. Hami'.l & Co.>"

—July 11— TOTAL SALES 135,200 SHARES Art Metal Works 11 Assoc Telephone Util... 22 1 4 21V4 22 Auburn Automobile ...112 108 108 Bendix Aviation 30 1 b 30 30 2 Borg Warner 29 23 28V2 Castle A. M. 42 Cent Pub Serv Class A 28 Vi Cent & So West 22 21 3 e 23 Chi City & Con Ry pfd 14V* 14 14' 2 Chicago Corp IJVa 11 ll'/a Chicago Corp pfd 37’2 ... ..... Cities Service 26 3 ,4 26V2 26% Club Aluminum 4 Commonw Edison 285 284% 285 Construct Materials ... 16 Construct Materials pfd 39 Va Continental Chicago .. 15% 15Vs 15Vi Cord Corp 7% 7 7V Corp Securities 22% 2112 22V. Conti Chicago pfd 43 Electric Household .... 42 41 Vi 42 Electric Research Lab.. 1 General Theater Equip 32% 32 32 Gleaner 27% 27% 27% Grigsby-Grunow 13% 12% 13% Houdaille-Hershey (Ai.. 18% Houdaille-Hershey 181 10% Insull Util Invest 57 56% 56’,a Insull U Inv pfd ex-war 91 88V4 91 In U I Pfd 2d s bd 6*7.101% 101% 101% Iron Fireman 26% 25% 26% Keystone Steel 12% 12% 12% Llbbv-McNeil 14% 14% 14% Lynch Glas Machine .. 22 Vi 21% 22 Manhattan-Dearborn .. 30% 30% 30% Middle West. Util (new) 28 V. 27% 28 Midland United ....... 25% Missouri-Kansas P L.. 24 23% a3% Modine 51% 50% 50 Vi Midland United Warr. 32% 3 Midland United pfd ... 45 44% 45 Majestic Prod 36% 34% 34% National Electric Pow A 26% 26 26% National Securities In. 85% National Standard .... 30% 30 30% Noblitt-Sparks 46% 45% 46% North American Car .. 46 44% 46 North Amer Light & P. 66 65 65% No So Amer Corp.. 14 Perfect Circle 31 Seaboard Util Shares ... 6 5 7 /a 6 Steinite Radio 1% .. Stone H O & Cos 8 7 7 Swift & CO 34% 34 34% U S Radio & Tel 22% 20 21% Utah Radio 8 7’4 7% Util tz Ind 13% Util & Ind pfd 23 22% 23 Yates Machine 7% ... ... Zenith Radio B VI 8% 8% Deaths Maude Flinn, 57. 308 East Twenty-fifth, carcinoma. John A. Miller. 72. 6820 East Washington. chronic myocarditis. Thomas D. Denny. 84, 925 Massachusetts, hypostatic pneumonia. John W. Toombs. 77. 2917 West Washington. lobar pneumonia. Nanine Slate. 49. Methodist hospital, accidental. Mathilda Bremer. 67. 2339 Shelby, uremia. Joyce Kirkman. 8 mo„ Riley hospital, broncho pneumonia. Volga Clark. 69. city hospital, septicaemia.

Births Boys Lewis and Francile Senter. 1206 Tibbs. Moses and Audra Richardson. 2503 Reformer. George and Christie Reynolds. 1321 Bath. Wlllei and Elsia Rease. 1045 North Milev. Freehand Ruth Thompson. 1149 West Twenty-eighth John and Louise Kincy. 950 Pansy. Thomas and Esther Curl. 919 West New Y °lssaac and Mildred Jones. 7.70 Fayette. Edward and Nora Brethman. 411 West Norwood. „ . _ .. Charles and Frances Navana, 715 South Ea ßollen and Flossie Perkins. 1320 West Thirty-fourth. Robert and Mary Edwards, 801 South Sh W?lllam and Beulah Seib. 1105 Waldem paul and Amy Hedge. Methodist hospital. John and Mildred Bruckmann. 141 South Hawthorne. Harry and Hazel Pace 1821 Tallman. Girls James and Lillian Stone. 2253 North Arsenal. Ivan and Blanch Heidenreich, 401 North Pine. Simon and Betty Reid. 2212 Martha. Willard and Flora Smith, 541 West Sixteenth. . , Robert and Cvbil Denny. 2233 Avondale. Roland and Ethel Kemp. 1440 Holliday. Edward and Clara Wondersee, 3020 English.

NOW IS THE TIME TO BUY FIXED INCOME We advise the immediate purchase of a safe, fixed incomepaying security. We strongly recommend the purchase of Commonwealth Loan Company 7% PREFERRED STOCK TAX EXEMPT IN INDIANA Listed on the Indianapolis Stock Exchange Descriptive Circular on Request J. H. AUFDERHEIDE INVESTMENT SECURITIES Established 1887 316 Guaranty Building Riley 3469^ 43 Years Without Loss to Any Investor

PAGE 11

STOCKS DREAK AFTER UPTURN EARLY IN DAY Profit-Taking in Last Few Minutes Sends Leaders Downward.

Average Stock Prices

Average of thirty industrial* for Thursday was 227.39. up 5.35. Average of twenty rails was 132.28. up 2.77. Average of twenty utilities was 82.45, up 2.05. Bu I'nitcd Pres* NEW YORK, July 11.—Stocks slumped off near the close today after moving In a narrow range in the earlier trading. Interest was lacking and sales again fell off. At the opening many issues were carried higher as traders were encouraged to buy by the decline of $16,000,000 in brokerage loans. A selling movement followed and then came a fair recovery, both led by United States Steel. Prices moved very narrowly in the afternoon until in the last few minutes, when profit-taking became more active and a sinking spell ensued. Steel, which had crossed 160, closed at 157%, off 2%; Westinghouse Electric closed at 135%, off 2%; American Can, 120, off 1%; General Motors 41%, off General Electric 67%, off %, and American Telephone 208, off 2. Their decline brought the remainder of the list lower. Utilities lost fractions to more than 2 points and most of the oils were down. There was little in the way of news to affect the market. Call money declined to 2 per cent from the renewal rate of 2% per cent, but time money firmed up. Sales today totaled 1,525,570 shares, against 1,167,050 shares on Thursday. The Dow, Jones & Cos. preliminary industrial average declined 2.05 to 225.34 and the railroad average .27 to 132.01.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday. July 11. were $3,928,000: debits. $7,283,000. CHICAGO STATEMENT Bu T uitrrl Pri'Sft CHICAGO, July 11.—Bank clearings SIOB,800,000; balances $20,600,000. NEW YORK STATEMENT Bu T'uitt ti Brrss NEW YORK, July 11.—Bank clearings. $1,200,000 000: clearing house balance $l4B - 000,000; Federal Reserve bank credit balance $144,000,000.

In the Cotton Markets

(Bv Thomson & McKinnon) NEW YORK, July 11.—There was a small business in cotton this morning. The prices were from even to about five points under last night's close. The market started with very disappointing news as to mill business for the month of June. A good showing was not expected, but so complete a failure to move a. production already so drastically reduced undoubtedlyoperated to keep buying orders back. The weather remains dry and hot. Most of the experts say it is to continue so as far forward as they are able to read the map. There is a thin stream of crop damage reports from the south. As yet it has inspired nothing more than some covering by local shorts. Technically, we are disposed to speak well of the market, and in a trading way, for scalping purposes, we rather favor the long side. NEW ORLEANS High. Low. Close. January 13.19 12.90 12.91 March 13.30 13.14 13.14 May 13.51 13.30 13.30 Julv 12.74 12.72 12.72 October 13.06 12.68 12.69 December 13.22 '2.85 12.85 NEW YORK High. Low. Close. January 13.41 March 13.41 13.15 13.15 Mav 13.57 13.35 13.35 Julv 13.23 12.90 12.90 October 13.30 12.97 12.97 December 13.43 13.10 13.12 CHICAGO Hieh. Low. Close. January 13.35 13.00 13.00 Julv 12.74 October 13.14 12.79 12.79 December • 13 32 12.94 12.94

Net Changes

Hu United Preet NEW YORK, July 11.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follows: Up. Oft. American Can ~..120 ... 1% American Telephone 208 ... 2 Bethlehem Steel 81% % Consolidated Gas 107% ... 2 General Electric 67% ... % General Motors 41% ... % International Telephone ... 43% ... % North America 92% ... 1% Packard 13% .. • 1 % Public Service New Jersey.. 94% ... 2% Radio Corporation 36% ... % Radio-Keith 28% ... % Sinclair 22% ... % Standard Oil New Jersey.. 68% ... 1% United States Steel 157% ... 2% Vanadium 81% ••• Westinghouse Electric 135% ... 2% Other Livestock ft” WAYNE *lnd.. July 11.—Cattle —Receipts. 100; calves. 100; hogs. 400: sheep. 300 Hogs—Market. 10c higher: 90-120 lbs.. 68 85: 120-140 lbs.. $9.10: 140-160 lbs $9.35: 161-180 lbs. 69.60: 180-200 lbs.. $9.70. 200225 lbs *9.60: 225-250 lbs.. $9.50; 24-275 lbs. *9.40: 275-350 lb?.. $9.30: roughs. *7.75; slags $5.50: cfives. *l2: spring iambs. *10: yearling lambs. *8.50. RAW SUGAR PRICES High. Low. Close. January J 42 138 1.38 March ISO }•< Mav 1-57 1.53 1.53 julv ::::::::::::: 1 i.o i.go September 132 1.28 1.28 December 1.40 1.37 1.J7