Indianapolis Times, Volume 43, Number 15, Indianapolis, Marion County, 28 May 1931 — Page 18

PAGE 18

STOCKS RALLY BRISKLY AFTER ' EARLY DECLINE Steel Dip Fails to Send Rest of List Into New Low Ground.

Average Stock Prices

. Average of thirty Industrial! for Wednesday was 130.76, on 2.35. Average of twenty rails was .4 74. oft 138 Average of twenty utilities was 52.82. ofT 81. Average of forty bonds was 95.17. off .39. BY ELMER C. WALZER I'ntted Press Financial Editor NEW YORK, May 28.—Stock prices rallied briskly today when an early break to new low ground in United States Steel failed to bring out other important; liquidation. Heavy offerings of Steel common were thrown overboard during the first half hour of trading, the issue breaking to anew low since 1923 at 80%. Powerful support was attracted at this level, however, and Steel rallied nearly 3 points to a fraction above its previous closing level. Failure of the market to give way under leadership of Steel was encouraging to traders and a brisk short covering movement developed before the end of the first hour. Considerable buoyancy marked trading in special shares and gains of one to half a dozen points were common. Auburn Auto moved up more than 6 points and amusements rallied sharply under the leadership of the low-priced Warner Brothers shares, Which rose nearly 2 points. Leaders Are Bought Market leaders such as American Can, General Motors, American Telephone and Westinghouse Electric responded to moderate buying with good gains, strength in the latter reflecting the $6,000,000 award for electrical equipment received from the Pennsylvania railroad. Almost all groups participated in the improvement, although a few Individual issues such as Allied Chemical were still under the influence of important liquidation. Gold mining shares failed to better their gains of the previous session, but Alaska Juneau was turned over in large blocks around its best levels in history. Dome Mines lost nearly half of the 3 points advance of the previous session made in response to news of the discovery of another Important gold strike. Gains Maintained While the greater part of the morning gains were maintained around -noon, trading showed a tendency to dry up on sharp advances, indicating that most of the buying during the early trading represented short covering. Nevertheless, the lifting of pressure on the list resulted in a distinct change for the better in sentiment. In addition to the hesitancy in Allied Chemical, a few rail shares continued under pressure and broke to new lows. Both Chesapeake & Ohio and Chesapeake Corporation, which hold large blocks of Pere Marquette, continued under the influence of the omission of Pere Marquette common dividends Wednesday. Atchison also was heavy, while Central recovered an early 2point decline.

Bank Clearings

INDIANAPOLIS STATEMENT —May 28— Clearings $2,321,000.00 Debits 5,454,000.00 CHICAGO STATEMENT —May 28— Clearings $69,000,000.00 Balances 6.900.000.00 TREASURY STATEMENT Mr,y 28—— Net balance for May 26 .$89,245,423.82 Expenditures 11.577.682.54 Customs rects. mo. to date... 24,420.113.48

New York Curb Market

(By Thomson <te McKinnon) —May 28— Close, Close. Am Com Pwr... IP, Mo Kan Pipe ... 4% Am Gas & El.. 53Vi Mt Prod 3 7 ' 8 Am Lt &Tr ... 38 National Sugar.. 28 Ark Gas 3Vi!National Inv ... 4 Brazil Pw Sc Lt. 13V* Newmont Min .. 26 Can Marc 2%;Nia Hud Pwr.. 9% Cities Serv ... 107a Niles 15 Cons Gas .... 84%Penroad s>/ Cord 8 7 4|Salt Creek ...; 5 Crocker & Wh.. BVijSel Indus .....' 2% Durant Mot ... IVi Shenandoah .... 5 Klee Bond Sh. 35 7 /s!std of Ir.d 22 Fiord of Can ... 15 7 /o|Std of Ky 16% Ford of Eng... ll 5 a Stutz 23>a Fpx Theater .. 2 a ; Trans Air Trans 6 Goldman Sachs. 5 3 /i Un Gas (new).. 5% Oulf Oil 42U nLt Sc Pwr ... 19'i Hudson Bay ... 3 5 ' 8 |Un Verde 6 7 a Humble Oil ... 5l 7 t;ut Sc Indus ...‘ s’a Ind Terr A 11 Ut Power 8 Insull Ut 29Vi Vacuum Oil ... 30 Int Pete Wallgreen 17 Midwest Ut 16 3 4

Investment Trust Shares

(By Gibson Sc Bernard) PRICES ARE TO 12 NOON C. S .T. —May 28— Bid. Ask. Amer Pounder’s Corn c0m.... 2*% 2% Am & Gen Sec A 13 Am Inv Trust Shares 4'% 5 Basic Industry Shares 4V* 574 Corporate Trust Shares 4V* SV Cumulative Tr Sh 5% 6% Diversified Trustee Shares A 14 First American Corp 6% 774 Fixed Trust Oil Shares 3*4 47% Fixed Trust Shares A 12 l ...j Inv Trust NY 6 7 Leaders of Industry Series A.. 674 ... Nation Wide Securities s** 5 7 National Industry Shares 5 57a N Am Trust Shares 4% 5Vi Bel8 el Am Shares 4*% 4 7 % hawmut Bank Inv Trust... 8 10 Universal Trust Shares 4*4 574 Super Corp of Am Tr Shares A 5Vi 5 7 8 Fundamental Tr Sh A 5*4 6 1 * Fundamental Tr Sh B 6 6’a V S Elec Lt & Pwr A 28Vi 30*4 Chicago Stocks Opening (By James H&mill Sc Company) —May 38— Opens Open. Assoc Tel Util.. 24V Insull Com .... 28% Bendlx Avia ... 15%;L10n Oil 3% Borg Warner... 16% Midland Uni C 19 Cent So West.. 15’vMlddlewest Com 16*4 Cord Oorpn B‘a'Nat’l Stand ... 26Va Central Pub Ber 12 (Swift Sc Com... 26 Com’onwea’h E 230'siSwlft Internatl’l 32'% Chgo Securities 15’aiU S Radio <St Tel 1674 Grigsby Grunow S'i Marriage Licenses Harold G. Robertson, 21. of 713 North Delaware street, knitter, and Vonda Estelle Aegerter. 19. of 436 North Dearborn street, soda dispenser. Elmer W. Moenkhaus. 26, Huntingburg. farmer, and Lenora E. Neville, 16. of 732 Fulton street, housekeeper. William Russell Jr.. 23. of 720 East Twenty-fifth street, tile setter, and Ruth M. Owen. 21. of 2139 East Riverside avenue. typist. John L. Cutter. 23. Terre Haute, press bureau office manager, and Maxine M. Brooks. 21. of 10 North Rural street, s&leslaC&arles K Halgerty. 23, of 621 North Rural street, knitter, and Mary E. Murray. 20. of 2648 Manker avenue, stenogr*?Valter F. Felta, 24. of 906 West New York street, maintenance man. and Anna Marie Ziegler. 23. of 800 North Oxford street, comptometer operator George Reynolds Jr.. 21. of 1331 Barth avenue, sheet metal worker, and Mildred P. Reed, 18. of 1210 Olive street, houseworker. _____ NEW YORK COFFEE RANGE —May 27 High. Low. Close. March 6.02 5.92 6.00 May 5 98 5.95 5.98 July 5.72 5.68 5.71 liS

New York Stocks

By United Press NEW YORK, May 28.—Sales on the New York Stock Exchange today totaled 2,100,000 shares; Curb stocks totaled 410,000 shares. —May 28— Prev. Railroad*— High. Low. Close, close. Atchison 1471a 143% 147% 144% Atl Coast Line 86 8&M Balt & Ohio 54% 53 54% 54 Chesa & Ohio.. 34 33% 33% 34% Chesa Corp 34 33% 33% 35 Cht Ort West.. 4% 4% 4*% 4% Chi N West.... 30% 30 30 29% CR I & P 31% 28% 28% 32% Del L & W 55 54% 55 55 Del & Hudson 122 122 Erie 17V. 16% 16% 17% Great Northern 48% 48% 48% 49 Illinois Central. 50 49 % 50 50 Kan City So 28 Lou Sc Nash 70 M K & T 12 11% 11% 12 Mo Paclftc .... 18% 13 18% 17% N Y Central.... 83% 80% 81% 8 T.% NY NH St H... 69 67% 68% 67% Nor Pacific .... 33% 33 33% 33% Norfolk Sc West 163 161 163 164% Pere Marq ... 35 Pennsylvania .. 47 45% 46 46 Reading 64 63 64 63 So Pacific 76 75 75% 76% Southern Rv 32 31 31 31% St Paul 4% 4% 4% 4Vs St Paul ofd 7 6% 6% 7 St L Sc S F 14% 14 14 14% Union Pacific ...153 148% 152% 150 Wabash 10 W Maryland.... 10% 10% 16% 10% Equipments— Am Car & Fdv 18 Am Locomotive.. 15% 15 15% 15% Am Stel Fd... 13% 13 13 13% Am Air Brake S 25% Gen Am Tank.. 57 55% 57 55% General Elec.... 40% 38% 39% 39% Gen Rv Signal 52 50 52 49% Lima Loco 23 22 Vs 23 22 N Y Air Brake 13% Press Stl Car 33% Pullman 34 33 33 33% Westlngh Ar B 22% 21% 2222 Westlngh Elec.. 61% 57% 60% 58 Rubber*— Firestone 16% 16% 16% 16% Fisk % % Goodrich ..N... 9% 9% 9% 9% Goodyear 38 35% 36 36% Kelly Sprgfld.. 1% 1% 1% ... Lee Rubber 33 U 8 Rubber... 12% 11% 11% UYa Motors— Auburn 176% 14 169% 168 Chrysler 17% 16% 16% 16% Gardner % % % % Graham Paige .. 4% 4% 4% 4?s General Motors.. 36% 34% 35% 35% Hudson 13 12% 13 12% Hupp 7 6% 6% 7 Mack 24% 23 24% 23 Marmon 4% 3% 4 3% Nash 25% 23% 24% 23% Packard 6% 6% 6% 6% Pierce-Arrow 15 Reo 6Vs 6 6 6 Studebaker 17% 17 17% 17% Yellow Truck 7 6% 6% ... Motor Access— Am Bosch 11% 10 11% ... Bendlx Aviation 16% 15% 16V* 16 Borg Warner.... 17 16% 16% 16% Briggs 10% 10% 10% 10% Budd Wheel .... 7% 7% 7% 7% Eaton 11% 12 El Storage B 56 Hayes Body 3% 33 3% Houda 5 Vs Motor Wheel .... 10% 6% 10ys 10% Sparks W 6% G% 6% 6% Stewart Warner 9% 8% 9% 9 Timken Roll .... 39% 38% 39% 39 Mining— Am Metals 10 9 10 10 Am Smelt 29% 29 29% 28% Am Zinc 4 4% Anaconda Cop.. 24 23% 23% 23% cai & Hecia ... 6% 5% 6 6 Cal Sc Ariz ... 27% 27 Cerro de Pasco 15V* 15% Dome Mines ... 13% 11% 11% 13 Freeport Texas. 25% 25 25% 25% Granby Corp .. 11% 11% ll'/a 11% Great Nor Ore. 21% 20% 20% 21 Vs Howe Sound ... 17 16% 17 16 Int Nickel 11 10% 10% 10% Inspiration .... 5% 5% 5% 5% Kennecott Cop. 18 17% 17% 18 Magma Cop ... 14 13% Miami Copper .. 5 4% 5 5% Nev Cons 7% 7% 7% 7% Texas Gul Sul. 35% 34% 35% 35% U S Smelt 15% 15 15 15% Oils— Amerada .. ... 16% 17 Atl Refining 13% 12% 13 T3% Barnsdall 7 6% 7 7 Beacon 8% 8% 8% ... Houston 6% 6% 6% 7 Indian Refining 2% 2% Ohio OH 7% 7% 7% 7% Mex Seaboard.. 12% 11% 12% 12 Mid Conti 7% 7% Pan-Amer (B) 25 25 Phillips 6 5% 5% 6 Pr Oil & Gas.... 8% 8% 8% 8% Pure OH 6 5% 5% 5% Richfield 1% 1% Royal Dutch 28 27V* 27% 27% Shell Un 5 4% 5 4% Simms Pt 5% 6 Sinclair 8% 7% 8 8 Skelly 4% ... Standard of Cal 34% 33% 34% 34% Standard of N J 33% 33% 33% 33% Standard of N Y 16% 15% 16% 16% Texas Cos 20 19% 20 20 Union OH 16% 16% 16% 16% Steels— Am Roll Mills.. 16% 16V* 16% - 16% Bethlehem 41% 39% 41% 40% Byers A M 29% 26% 28 28 Colo Fuel 12% Cruc Steel .... 34% 33 34 33% Inland 41 41% Ludlum 9% 9% 9% 9% Midland 16 17 Newton 7% 7% 7% 8% Repub I & 5... 12% 11% 11% 11% U S Steel 92% 90% 91 92% Vanadium 27% 26 26% 26% Youngst S & W 50 Tobaccos Am Sumatra 7% 7% 7% 7% Am Tob Anew 105 104% 106 104 Am Tob (B) new 111% 107% 110% 107% Con Cigars 32 31% Lig Sz Myers B 71% 69% 69% 70% LorlUard 14% 13% 13% 13% Phil Morris ... 9% 9 Reynolds Tob 47% 46% 46% 47% Std Com Tob ... 2 % Tob Pr A 10% Tob Pr B 2% 2% United Cig .... 5 4% 5 4% Utilities— Abitlbl 3% Adams Exp 12% 12 12% 12% Am For Pwr ... 26% 24% 26% 25V* Am Pwr & Li.. 37% 36 37 36% AT&T 168 164 167% 164% Col Gas & E 1... 24% 23% 24 24 Com Sau 7% 7% 7% 7% El Pwr & Li.... 36% 35 35% 35% Gen Gas A 47* 4% 4% 5 Inti TANARUS& T .... 25V* 33% 24% 24% Natl Pwr & LI.. 23% 22% 23 22% No Amer Cos ... 65% 63 64 64 Pac Gas & El .. 43% 4174 41% 43V* Pub Ser N J ... 78% 76% 77 75% So Cal Edison.. 43 42 42 % 42% Std G& El 62 59% 59% 59% United Corp ... 20V* 19% 19% 19V* Ut Pwr & L A.. 22V* 21% 32% 22% West Union 101 98 100% 97% Shipping— Am Inti Corp .. 12% 12% 12% 12 Inti Mer M pfd 9 8% 8% 9 United Fruit ... 54% 53% 53% 54% Foods— Am Sug . ... 45% 46 Armour A 1% 1% Beechnut Pkg 48*4 Cal Pkg 23% 23 23 23'/* Can Dry 39 38% 39 39 Childs Cos 18 17% 18 18 Coca Cola 140 138% 139% 138%

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 16c; henery quality. No. 1. 14Vic; No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 17c; under 5 lbs.. 15c; Leghorn hens. 15c: 1930 broilers, full feathered. 17% lbs. and up. 26c; under 17% lbs.. 22c: bareback. 16c; Leghorn broilers, 22c; ducks. 9c; old cocks. 809 c; ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 top quality, quoted by Kingan & Cos. Butter (wholesale)—No. 1. 26027 c; No. 2. 24025 c. Butterfat—2lc. Cheese (wholesale selling price per pound)—American loaf. 32c; pimento loaf. 32c; Wisconsin firsts. 19c; Longhorns. 16c; New York llmebrger. 30c. By United Press NEW YORK. May 28.—Potatoes—Market weaker; southern, $202.45 barrel; Maine, $2.2502.75 barrel; Bermuda $8.09; Canada, $1.3501.50 barrel. Sweet potatoes— Market, steady; Jersey, baskets, 75c@ $3.50; southern, baskets, $2.5002.75. Flour —Market, quiet; spring patents, $4,600 4.90 barrel. Pork—Market, dull; mess, $22 barrel. Lard—Market easier; middlewest spot. 7.6007.70 c lb. Tallow—Market easy; special to extra. 374@37ac lb. Dressed poultry—Market, firm; turkeys, 25044 c; chickens. 25 0 38c; broilers, 28 045c’ fowls, 12027 c; Long Island ducks. 17@ 19c. Live poultry—Market, firm; geese 9(dl2c; ducks. 13®24c; fowls. 32025 c; turkeys 15®30c; roosters. 12018 c; broilers, 220 38c. Cheese —Market, firm; state whole milk, fancy to special, 12023 c; young America, 13740197%c. By United Press CLEVELAND, Mhy 28—Butter—Extras. 27Vc; standards. 277%c. Eggs—Extras, 18c; firsts, 177%c. Poultry—Heavy fowls 23c; medium, 23c: Leghorn fowls, 17c; heavy broilers 25®32c; Leghorn broilers, 200 25c: ducks. 15®23c; old cocks, 12c; geese, 10015 c. Potatoes—Maine Green Mountain mostly $2 per 120 lb. sack; Idaho Russets mostly 55c per 25 lb. sack. By United Press CINCINNATI. May 28 —Butter—Steady; creamery In tub lots according to score. 30 ®22c; common score discounted 203 c; packing stock. No. 1. 18c; No. 2. 12c; No. J. 8c; butterfat. 17019 c. Eggs—Steady: cases included. Extra firsts. 17c; firsts. 15c; seconds. 14Vic; nearby ungraded. 167%c. Live poultry—Thin and coarse stock sell only at heavy discount; fowls. 5 lbs. and over. 20c; 4 lbs. and over. 21c; 3 lbs. and over. 21c; Leghorns. 3 lbs. and over, 17c; roosters, 10'ac: broilers, colored. 1 lb. and over. 24c; 1 1 a lbs. and over. 24c; 2 lbs. and over, 28c: partly feathered. 150 20c; leghorn broilers. 1 lb. and over. 21c: black springers. 20c; IT? lbs. and over. 24c; 2 lbs. and over. 25c. By United Press CHICAGO. May 28.—Eggs—Market easy; receipts. 21.570 cases; extra firsts. IBHc; firsts. 177%c; current receipts. 16018Vc; seconds. 15c. Butter—Market, firm: receipts. 12 078 tubs; extras. 2374 c; extra firsts. 230227%c; firsts, 307%5i2174c: seconds. 187a@197%c; standards. 23Vac. Poultry—Market, steady to easy: receipts. 2 cars; fowls. 18Va022c: springers. 26c; Leghorns. 17c: ducks, 16c; geese. 12c; turkeys. 20®23c; roosters. 12V%c; broilers, 2 lbs.. 29c: broilers, under 2 lbs.. 24c; Leghorn broilers. 23c. Cheese—Twins. 117%01l74e; young Americas, 12Vic. Potatoes—On track. 127: arrivals. 67; shipments. 998: market steady; Alabama and Louisiana bliss triumphs. 81.7O01AO: Texas triumphs. 81-60 01.75: Idaho resets. $l.50®l.80; Minnesota round whit*. •LMWLU.

• Cont Baking A.. 10% 10% 10% 10% Corn Prod 60% 58% 59% 59% Crm Wheat .... 27% 27% 27V* 27% Cudahy Pkg 38% 38% Cuban Am Sug. 2% 2% 2% 2% Gen Foods 46% 45% 46 46 Grand Union ... 15% 15% 15% 15% Hershey 9074 89 Jewel Tea 4040 Kroger 27% 26% 27% 26% Nat Biscuit .... 64% 63% 64% 64% PilUbunr 28 27% 28 28 Purity fiat 28% 28 28% 28 Safeway St 48% 47% Std Brands .... 16% 16% 16% 16% Ward Bfcg 3% Drugs— Coty Inc 8% 8% 8% 8% Lambert Cos .... 64% 61% 64% 61% Lehn & Fink.... 25 24% 24% 24% Industrials— Am Radiator .... 12% 12 12% 12% Bush Term 19% 19% Gen Asphalt 19 19 Lehigh Port 10% 10% Otis Elev 36% 35V* 35% 35% Indus Chems— Allied Chem 107% 104'* 106 % 106% Com Soiv 1174 11 11% 11% Union Carb . .. 47% 45% 46V* 45% U S Ind Alco 28% 27% 28% 26 Vs Retail Stores— Assoc Dry Gas.. 1874 18% 18% 18% Kresge 8 S 267* 26% 26% 26% May D Store.... 30% 28 30% 28 Mont Ward 18 1 17% 18% 17% Penny J C 33 32% 33 33 Schulte Ret St 6 5% 57* 6 Sears Roe 5174 49 % 50% 50 Woolworth 68% 66% 67% 67% Amusements— Bruns Balke 8% Col Grapa 7% 7% 7% 7% Croslev Radio.. ... .. 4% Eastman Kod ..132% 127 13i 128% Fox Film A 151* 14 15 14% Grigsby Gru 3% 37* 3% 3% Loews Inc 40 37'/* 387* 37% Param Fam 2374 22% 23% 22% Radio Corp .... 15% 14% 15 14% R-K-O 1374 12 137S 12% Schubert 3% 3% Warner 8r05... 7% 5% 7 5% Miscellaneous— Airway App 4% City Ice & Fu... 32% 30V* 32% ... Congoleum .... 10 9 9% 9 Am Can 97% 94% 96% 957* Cont Can 46% 4474 45% 45% Curtiss Wr 2% 2% 2% 2% Gillette 8 R 27% 25’% 25% 27'/* Real Silk 13% 13 13 Un Arcft 27 V* 25% 26% 26 Int Harv 43% 427* 43% 43 5 /*

Dow-Jones Summary

Delaware Lackawanna & Western Railroad March auarter net Income $240,095 after charges, against $936,711 In first auarter of 1930. Barnet Leather Company Quarter ended March 31. net loss $54,647 after charges, against net loss $69,782, in first quarter of 1930. American Home Products Corporation declared a regular monthly dividend of 35 cents, payable July 1, of record June 15. New York cables opened in London at 4.8674, against 4.86 11-32: Paris, checks 124.26: Amsterdam. 12.095: Italy. 92.935; Berlin. 20.485. Pennsylvania Railroad places orders for ninety electric locomotives, costing apgroximately $9,000,000 with Westinghouse lectrlc. and sixty with General Electric, coasting In excess of $6,000,000. Pacific Gas and Electric first quarter consolidated net income $5,763,296, after charges and taxes, against $4,656,713 in first quarter of 1930 . International Hydro-Electric system and subsidiaries first quarter net income $729,336, after taxes and charges, against sl,107,076 in like period of 1930. Twelve months $3,412,952 against $2,944,618. Bank of England statement as of May 28, shows circulation 354,849,000 pounds against 351,540,000 on May 21, ratio 53.9 per cent against 56.4 per cent and bullion, 152,078,000 pounds against 151,205,000 pounds. Miller St Sons, Inc., fourteen months ended Feb. 28, 1931, consolidated net loss $390,996 after all charges. In year ended Dec. 31, 1929, the company earned $3.83 a common share. Crown Cork and Seal In first quarter earned 3 cents a common share. April sales of reporting department stores in New York district declined 8 per cent from year ago. according to review of federal reserve agent. St. Louis Southwestern week ended May 21, gross $341,800. against $435,276 in like week of 1930. From Jan. 1 to May 21 gross $6,820,809. against $9,200,237. Statements of oil shares for period from Jan. 1 to April 20. 1930, shows net income of $10,413 after expenses and charges. Kreuger & Toll and affiliates to take up final portion $75,000,000 of $125,000,000 fifty-year 6 per cent German bonds under arrangement made in 1929, for creation of match monopoly. California general operators committee adopts proposal effective June 1 to Dec. 31 placing state allowable oil output at 427 - 500 barrels daily, including Kettleman Hills previous allowable 500,<KH) barrels. Copper quoted 874 cents a pound, deHyered: 12.000.000 pounds sold last Friday at 8% eents a pound. New York Central leased lines April net ?P£ I £y nß income $2,801,600, against $5.?M52 In April, 1930. Four months $lO.138,901. against $19,945,620. Bank of France statement as of May 22, shows gold 55,632,000,000 francs, against 55,628,000,000 francs on May 15. Circulation 76,825,000,000 francs, against 77,309,000,000; ratio 55.36 per cent against 55.83 per cent. Waldorf system declared a regular quarterly dividend of 37% cents on common stock, payable July 1. of record June 20. Outstanding preferred stock called for retirement at sll a share on July 1. Other Livestock By United Press EAST BUFFALO, May, 28.—Hogs—On sale, 1,700; slow and uneven. 40@50c lower: desirable 140-210-lb. weights, [email protected]; few, 220-250 lbs., $606.25; packing sows, dull. Cattle—Receipts. 50; mostly cutter cows selling from [email protected]; steady to weak, few common to medium bulls, [email protected]; calves, receipts, 400; mostly steady; good to choice vealers, $809.50; common and medium. $4.50 07.50. Sheep—Receipts, 300; slow; springers, mostly medium grades, selling at $9.500 10.50 around steady- medium grade slippers, $8; shorn ewes, $203.50. By Times Special 1 May 28 • —Hoes—Receipts. 1,500; holdover, none; initial demand very narrow; sales and indiciations, 30035 c lower; pigs, 50c down; top, $6.50 on 160210 lbs. down; pigs. $6.25: talking. s6® 6.25 on most 220-300-lb. kinds, according to weight; rough sows, 25c off at $4.75. Cattle —Receipts, 425; steady to weak, but broader clearance than at any time since Monday; several loads $607, principally light weights in grading common to medium cows and bulls scarce; calves, receipts, 600; very dull and weak to 50c lower again; better grades, upward to $8.5009; few sales under 700; light culls as low at $6. Sheep—Receipts, 500; undertone weak; clipped lambs scarce and very plain; springers around $9.50011; with culls downward to $8 and under. By United Press , PITTSBURGH, War 28 — Hogs-Receipts, 1.000; market, slow. 25050 c lower; 150210 lbs., $6.3506.50; 220-250 lbs., $606.25; 260-320 lbs.. $5.65®5.90; packing sows, $4.50 @4.75. Cattle—Receipts. 50; market nominally steady. Calves—Receipts, 100; market, steady; desirable vealers, $708.50common and medium. $406.50. Sheep—Receipts, 250; spring lambs, weak to lower; good to choice $10@11; shorn lambs about steady; better grade $708; aged stock steady; strictly food wethers. $3.50. Building Permits George Fish, dwelling and garage, 132 East Forty-fifth. $15,000. _ H. L. Simons, dwelling and garage. 425 Buckingham drive. SIO,OOO. Walter C. KeUey Company, dwelling and garage. 320 East Kessler boulevard, $6,000. J. W. Hubbard, building southwest corner Eleventh and Alabama. S3OO. William H. Messenger, building repair, elevator. 201 East Washington. $350. Columbia Construction Company, repairs and reroof. 1735 Churchman. $2,800. Armin GrauL garage. 5028 Broadway, $460. C. Sc G. Realty Company, filling station. 2424 East Washington. $3,000. C. St. G. Realty Company, tanks and pumps. 2424 East Washington. SSOO. Clyde Ward, garage. 1926 Orleans. $298. Other Grain By United Press CHICAGO. May 28.—Cash grain close: Wheat—No. 2 red. 82%c: No. 3 red. 79%c: No. 5 red. 70c; No. 1 hard. 83%@83%c; No. 1 northern. 83@83%c; No. 1 mixed, 82%c; No. 4 mixed. 70c. Corn—No. 2 mixed. 56%@56%c; No. 1 yellow. 56%@57c; No. 2 yellow, 56%@57c: No. 3 yellow. 55@55%c; No. 6 yellow. sc; No. 6 white, 52%c: sample grade. 46@48%c. Oats—No. 2 white. 27% ®2BVic; No. 3 white. 27c. Rye —None. Barley—37® 59c. Timothy—sß.2s 68.75. Clover—slo.so® 17.50. By United Press TOLEDO. 0.. May 28.—Close—Grain on track. 28% cents rate. Wheat—No. 2 red. i6%@77%c: No. 1 red. 1 cent premium. Corn —No. 2 yellow. 55%@56%c; No. 3 yellow. 54®55c. Oats—No. 2 white, 28%® 29Vic; No. 3 white. 27%28Vic. 6lover— Domestic prime, old, $13.75; prime, new. sl4; prime choice, new. $14.25; prime, choice, old. sl4: October. $14.25: December. $14.50. Alsike—CashAsl4. Butter— Fancy creamery. 26@27e. Eggs—Country run. 16® 17c. . Hay— Timothy, per cwt.

THE INDIANAPOLIS TIMES

PORKER PRICES OFF 20 CENTS AT CITYYARDS Slaughter Class Cattle Show Better Trade Activity. HOGS May Bulk Earlv Top Receipts 21. $6.60® 6.90 $6.95 8,000 32. 6.75 6.000 2?. 6.35® 6.70 6.75 2.000 25. 6.45® 6.80 6.80 6.000 26 6.30@ 6.65 6.65 8.000 27. 6.05® 6.40 6.40 8.000 28. 5.90® 6.20 6.20 6.500 Hogs took another dip this morning at the city stockyards, prices declining 15 to 20 cents. The bulk. 140 to 300 pounds, sold for $5.90 to $6.20; early top holding at $6.20. Receipts were estimated at 6,500; holdovers were 778. In the cattle market slaughter classes were slightly more active than Wednesday, selling steady to strong. Receipts were 600. Vealers were steady at $8 down. Calf receipts numbered 800. Sheep were around 50 cents lower with spring lambs selling mostly at $9.50 down; top on this class was $lO. Receipts were 900, Chicago hog receipts were 26,000, including 8,000 direct. Holdovers, 6,000. Opening slow, few early sales and bids mostly 10 to 15 cents higher than Wednesday’s average. Good to choice hogs weighing 180 to 200 pounds were bid in at $6.10 to $6.15, with some offerings holding higher. Cattle receipts were 3,000. Calves 3,000, and steady. Sheep 12,000, and steady.

HOGS Receipts, 6,500; market, lower. —Light Lights—-(l4o-160) Good and choice....s 6.100 6.20 —Light Weights—-(l6o-180) Good and choice.... 6.20 (180-200) Good and choice 6.20 —Medium Weights—-(2oo-220) Good and choice.... 6.15® 6.20 (220-250) Medium and good 6.05® 6.10 —Heavy Weights—-(2so-290) Medium and good 5.90® 6.05 (250-290) Medium and good 5.700 5.90 •“Pflckinc Sows (275-500) Medium and g00d... 4.50@ 5.25 (110-120) Slaughter pigs 6.000 6.10 CATTLE (Slaughter Class) Receipts, 600; market, steady. —Steers— Good and choice ...... $ 6.50® 8.25 Common and medium 5.000 6.50 (1.100-1,500) Good and choice 6.25® 8.00 Medium : 5.50® 6.25 Heifers—-(soo-850) Good and choice 6.00® 8.00 Common and medium 4.50® 6.00 Good and choice 4.50@ 5.90 Common and medium 3.75@ 4.50 Low cutters and cutters 2.500 3.75 —Bulls (yearlings excluded) Good and choice beef 3.75® 4.50 Cutter, common and medium. 2.75® 3.75 CALVES AND VEALERS Receipts, 800; market, setady. —Vcaicrs Good and choice $ 7.50® 8.00 Medium 5.50® 7.50 Cull and medium 3.000 5.50 —Calves—-(2so-300) Good and medium 5.00® 7.00 Common and medium 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice 5.50@ 7.50 Common and medium 4.000 5.50 (800-1,500) Good and choice 6.75® 7.50 Common and medium 4.000 5.75 SHEEP AND LAMBS Receipts, 900; market, lower. (Shorn basis, except spring lambs) Good and choice $ 7.00® 8.00 Common and medium 5.00® 7.00 Spring lambs 8.00 @IO.OO Ewes, medium and choice 1.75® 2.75 Cull and common 1.000 1.75 Other Livestock CHICAGO, May 28.—Hogs—Receipts, 26,000, including 8,000 direct: mostly 10@15c lower than Wednesday’s average; bulk 160210 lbs., [email protected]; top. $6.20; 220-300 lbs., $5.6506.05; pigs, $5.75@6; packing sows, ?4.40@5; light lights, 14Q-160 lbs., good and choice, [email protected]; light weights, 160200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good and choice, $5.8506.15; heavy weights, 250350 lbs., good and choice, $5.40@6; packing sows, 275-500 lbs., medium and good, $4.40 @5,10; slaughter pigs, 100-130 lbs., good and choice. [email protected]. Cattle—Receipts, 3,000; calves, 3,000; slow; cleanup market; demand remaining very indifferent for medium weights and weighty bullocks, but fairly active and a trifle stronger on better grade yearlings and fed steers; eastern shippers showing a little more Interest; most sales, [email protected]; only a few loads promising to beat $7; other classes mostly steady: slaughter cattle and vealers; steers 600-900 lbs., good and choice, $6.50@ 7.75; 900-1,100 lbs., good and choice, $6.500 7.75; 1,300-1,500 lbs., good and choice. $6 5 L 600 J 1 ; 300 lbs -- common and medium, $506.25; heifers 550-850 lbs., good and choice, [email protected]; common and medium, $4.50 0 6.25; cows, good and choice, s4® 5; common and medium, $3.25@4; low cutter and cutter, $2.25(5)3.25; bulls (yearlings excluded), good and choice (beef), $3.75 @4.50; cutter to medium, [email protected]; vealers (milk fed), good and choice. $7.50@ [email protected]; cull and common" [email protected]; stocker and feeder cattle; steers, 500-1,050 lbs., good and choice, s6@7; common and medium, $4.57@6. Sheep—Receipts. 12,000; nearly steady; spring lambs weak to 25c lower; bulk clipped lambs early [email protected]: desirable native springers. $9010.25; bucks out at $8®9.25; Califorhias, $9.75; Idahoee unsold; slaughter sheep and lambs, spring lambs, good and choice, $9®10.25: medium, sß®9; common. s6@B: lambs 90 lbs. down, goo3 and choice [email protected]; medium, $6.7508; 91-100 lbs., meJ dium to choice. [email protected]; all weights common. $506.75: ewes, 90-150 lbs., medium to choice. sl.7§@3; all weights cull and common. sl@2. By United Press n May 28.—Hogs—Receipts, 2,600; held over. 145; generally 25c lower; moderately active at the decline; better grade. 170-225 lbs., largely $6.40; 235 to around 260 lbs.. S6O 6.25: 275-310 lbs., $5.50 @l-50; 120-160 lbs.. [email protected]; mostly $6 on 150 lbs down; sows. $4.2504.50:' choice lightweights up to $4.75. Cattle—Receipts. 400; calves, 300; slow; steers; weak to 15c or more lower; cows weak to 25c lower; other classes about steady; odd lots common and medium stee:s and heifers. $5.50 06.50; one load or more good 1 100-lb steers. $6.85; most beef cows. [email protected] cutters and cutter cows. $2.2503.50 bulls, $4.50 down; vealers steady; good and choice largely $7.5008; heavy. $707.50lower grades $7 down. Sheep—Receipts'. *,,000; generally steady; better grade ewe £P?-,? rether sprHift lambs, $10011; mostly *lO-50 up; common and medium. $7,500 9.50; buck lambs generally $1 or more below quotations; fat ewes. $2.50 down. EAST ST. LOUIS, 111., May 28.—HogsReceipts. 8,000; market, fairly active strong to 10c higher than Wednesday’s average; top. $6.25; 230 lbs. down, largely $6.1506.25, with most sales at the higher figure: a few medium fleshed around 260 i bs Ax * 6; , sows - 54.7505. Cattle—Receipts. 2,200; calves, receipts, 1,300; market, steers receiving little or no attention; mixed yearlings, heifers and vealers steady; packers not interested in cows; few sales 25c lower; bulls lower; some cows. $1.75®2top neifers, $8.25. Sheep—Receipts, 3.000; market, no early sales; receipts liberal and packers talking lower. LOUISVILLE, Ky, May 28.—Hogs—Receipts. 1.000; market 25c lower; 225 lbs. t?'in S5 - 5 % n 1 ?2' 225 J lbs - $6 05; 430-160 lbs., $5.40; 130 lbs. down, $4.75; roughs, $3 @4; stags $2.25. Cattle—Receipts 200; slow; prime heavy steers, $7 @7.60; heavy shipping steers, s6@7; meP !aln steers. $506: fat heifers, !?Ss^l’s9 : Condon to medium heifers, $4.500 6.25; good to choice cows. $3.5005EL e XSS t 0 good cows - [email protected]; cutters. $2.50@3; canners. [email protected]; bulls $304.25 feeders, [email protected]; Stockers, $4.5006 75 Calves—Receipts. 300; market, steadv ; good to choice, [email protected]; fancy. $7; outs’. $5 down. Sheep—Receipts. 2,000: market steady; ewe and wether lambs $10.50; * c £v ,lo J, s; .. bu< L k lambs - 59.50;’ seconos $6.50@7. Wednesday’s shipments—Cattle. 33; calves. 315; hogs, none; sheep, 3.274.

GIBSON & BERNARD Formerly R. H. Gibson Cos. NEW YORK, Chicago and Cincinnati Stock Exchanges N. Y, Curb Exchange (Assoc.) Chicago Board of Trade 320 Circle Tower Indianapolis Tel. Lincoln 2341 307 Dixie Terminal Bldg. Cincinnati 400 First & Tri-State Bldg. Fort Wayne 71 Broadway New York

BELIEVE IT or NOT

sg? SlrfipiiweMriilfpiip?iip J(frisks m i -r- r?—J| M caugivt 3 run. < —" /AVI BASL6ALLGAMESX \m KiTCHUM STREET LEAPS DIRECTLY TO THE ~U4 ONE DAY X&JJ V/LSTERK P£RITEKW.y M PiTTSO'Jßfirt. jtPft

Bright Spots of Business

Auburn Auto shipments Jan. 1 to May 25 exceed entire 1930 output by 9,066 cars. Maytag Company April sales exceed average of first five months of 1930. Associated Telephone and Telegraph declares 50-cent extra dividend with regular quarterly of sl. Thermoid Company April sales 45 per cent of entire first quarter output. Bucyrus-Erie to operate at 100 per cent due to building revival. Foreign copper sales improve. Pennsylvania handles 119,917 cars in May 23 week, versus 118,828 cars preceding week. Doehler Die Casting Coporation reports large increase in orders and improved employment. Central Maine Power Company year ended March 31 net, $2,765,962 versus $2,158,983 preceding fiscal year. Atchison Railway April net $21,081 ahead of last year. British unemployed decrease 25,574 from May 11 to 18. Mclntyre Porcupine Mines. Ltd., year ended March 31 profit $2,134,376 versus $2,072,300 preceding fiscal year. Ohio Edison Company year ended April 30 net $8,302,041 versus $7,151,714 preceding fiscal year. International Hydro-Electric System first quarter gross $12,999,275 versus $12,9438,561 first 1930 quarter. General Motors assets March 31, $1,316,700,740 versus $1,315,813,059. Consumers Power Company year ended April 30, net $14,629,059, versus $14,306,001 preceding fiscal year. New York Telephone Company directors authorize redemption $19,400,900 6 per cent bonds due Feb 1, 1949.

Net Changes

By United Press NEW YORK, May 27.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Alaska Juneau 18‘i '‘l 0, ° ff ‘ American Can 9534 'v' American Smelting 28 '2 1% American Telephone 164*4 iZ Anaconda 23% "" iZ Auburn 168' 3 Bvers 28Vi ... 4 Case ; 65 Consolidated Gas 86% i Dome Mines 13 3 Fox Film A 1414 "■ 34 General Electric 38 vi " ’ 1 General Motors 35% .’ % Gillette 27% 3% International Nickel 10% ! ” Kennecott 18 ' % Loew’s Inc 37% ’' l Montgomery Ward 18 .! N Y Central 82% ... % Paramount 22% % Pennsylvania 46 ... "% Radio 14% . . . Radio-Keith 12 Vi ... % Sears Roebuck 50 ... . Stand Oil N J 33% ... % Union Carbide 45% % ... United Air 26 ... 1 U S Steel 92Vi ... 3 Vanadium 23 Vi Westinghouse Electric 58 Vi ... Worthington Pump 39% ... lVi

OVER-DECORATION DAY EXCURSION TO NEW YORK CITY *1 7.00 “ LEAVE FRIDAY, MAY 29 RETURN MONDAY, JUNE 1 A WONDERFUL 4-DAY TRIP Lv. Indianapolis 6:30 a. m. or 6:00 p. m. Ar. New York 7:29 a. m. or 5:05 p. m. Returning, tickets will be good on train leaving New York 6:30 p. m M Sunday, May 31, or Monday, June L Tickets good in coaches only. Children, half fare. $30.50 ESCORTED TOUR Include* railroad fare, meala en route, transfer*, hotel accommodations, sightseeing trips. Full particulars at Ticket Office. For tickets and complete information apply City Ticket Office, 112 Monument Circle, phone RI ley 3322, or Union Station, phone RI ley 3355. BIG FOUR ROUTE

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

Following is the explanation of Ripley’s “Believe It or Not” whjch appeared in Wednesday’s Times: El Kantara, Gateway to the Desert—ln traveling from Con-, stantine to Biskra, I suddenly beheld a cleft in the enormous rocks, through which we could see the road creeping up into the plain beyond. It was the gorge of El Kantara, which separates the Algerian Till (hilly side) from the Sahara. It is a complete contrast between north and south, between winter and summer. On one side the soil is dark and fertile —on the other it is rosy and desert-like. The rain stops abruptly north of El Kantara and winter never passes it. The Mosquito Indian Word for 37—The Mosquito Indians, whose mathematical limit is the figure 20, arrive at expressing the figure 37 by a series of roundabout and rather intricate terms. The literal meaning of the long word is 20 times 1 plus 10 plus six plus 1. See Squier’s “Waikna.” Friday: “The Tomb Neither Underground Nor Over.” Births Girls William and Estelle Nash, 2146 North Gale. John and Maxine Smith, Christian hospital. Russell and Margaret Miller, Methodist hospital. Robert and Margaret Lawson, Methodist hospital, John and Agnes Totton, Methodist hospital. Porter and Mildred Pate, Methodist hospital. Charles and Ruth Evans, Methodist hospital. Louis and Virgie Griffith, 839 South Holmes. Michael and Esther Leventhal, 2821 North New Jersey. Leo and Mary Filcer, St. Vincent hospital. Joseph and Marie Naughton, St. Vincent’s hosiptal. Edward and Daisy Kryter, St. Vincent’s hospital. Bryant and Helen Hodgin. St. Vincent’s hospital. Frank and Helene Dwyer, St. Vincent’s hospital. Boys Vern and Lura Cartmell, 1030 High. William and Viola Dyke, 2825 North Denny. Ray and Madge Herner, Methodist hospital. Arthur and Regina Winterrowd. Methodist hospital. Wayne &jid Mildred Walker. St. Vincent’s hosiptal. Malcolm and Dorothy Elmore. St. Vincent’s hosiptal. Joseph and Louise Zore, St. Vincent’s hospital. Herman and Frances Junker, St. Vincent’s hospital. Deaths Edward C. Strathmann, 57. 4220 Central, cerebral emobilsm. Mack Short, 68, long hospital, cerebral apoplexy. Ruby May Williamson, 6. Methodist hospital, broncho pneumonia. Sarah A. Boggs, 79. 5212 Madison,cerebral hemorrhage. Rosalind M. Zoller, 63, 2410 Central, cerebral hemorrhage. New York Liberty Bonds —May 27 3 Vis 102.16 Ist 4%s 103.10 4th 4(4s 104.26 Treasury 4%s 113.19 Treasury 4s 109. Treasury 3 3 /4s 107. Treasury 3%s of '47 102.30 Treasury 3%s of ’43 102.23 Treasury 3%s of ’43 (June) 102.22 RAW SUGAR PRICES —May 27High. Low. Close. January 1.27 1.25 1.27 March 1.33 1.31 1.33 May 1.40 1.38 1.39 July 1.10 1.06 1.07 September 1.17 1.14 1.16 December 1.26 1.23 1.25

wj Registered O S I* y Patent Office RIPLEY

In the Cotton Markets

(By Thomson & McKinnon) NEW YORK, May 28.—Cotton w r as lower by 10 points at the opening this morning and volume was materially greater than yesterday. A slow advance was in progress up to noon, when prices were about the same as Wednesday’s close. December, 9.12. On the advance, cotton was more freely offered, but orders were at fixed prices. Irregular and somewhat low r er prices for textiles were reported by news agencies. The weather remains favorable, with showers expected in the west. We think moderate rainfall will do more good than harm just now, as the crop needs a start in many sections. A commission house report on acreage put the decrease at 9.2 per cent. Ring traders failed to put January through 9.25 and subsequently found a por market for their cotton. December contracts sold as lOw as 9 cents after 7 p. m. The market acts fairly well in the face of continued liquidation of long contracts.

New York Bank Stocks

(By Thomson & McKinnon) —May 28Bid. Ask. America 42 45 Bankers 89% 92% Brooklyn Trust 395 405 Central Hanover 208 313 Chase National 68% 71% Chatham Phoenix Natl ... 55(4 58(4 Chemical 38% 40% City National 72% 75% Corn Exchange 89 Va 93(4 Commercial 242 252 Continental 16(4 19%! Empire 40(4 43(4 First National 3.250 3.450 Guaranty 415 420 Irving 29% 31% Manhattan & Cos 69'4 72(4 Manufacturers 39% 41% New York Trust 136 141 Public 46 49

LOANS OS DIAMONDS WATCHES and JEWELRY Typewriters, Musical Instruments, Shotguns, Golf Clubs, Auto Tires, Etc. Chicago 2Q3 E. Washington St. ’’ Opposite Courthouse

We buy and sell U S Liberty Loan Bonds U S Treasury Certificate# / U S Insular and Territorial Bonds Indiana Municipal Bonds Indiana Gravel Road Bond# Federal Farm Loan Bonds Joint Stock Land Bank Bonds Fletcher American Company 41 North Pennsylvania Street Affiliated with The Fletchir Ambucan National Bank

I Smart CLOTHEVS ON Ej.ASY CREDIT

..MAY 28, 1931

WHEAT SHOWS EASY TONE IN QUIET SESSION Large Grain Supply and Dryness Are Greatest Trade Factors. by HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. May 28.—Wheat clced near the top on the Board of Trade today after the market had fluctuated erratically although holding above the previous close after the initial decline. Strong short covering on an erly rally in stocks ran prices up sharply to more than 1 cent higher where selling against offers was encountered. Com emulated wheat, running up around 2 cents early, but losing a good part of the gain on subsequent selling from holders of privileges and profit takers. Dry weather and dust storms in Canada aided wheat, offsetting the precipitation this side of the line. Oats were firm in a circumscribed range, the deferred months setting new lows at the start. Close Is Firm At the close wheat was V 4 to l cent higher with May Vi cent lower; corn was A cent to Hi cent higher and oats were unchanged to Vi cent higher. Provisions closed steady to weak after recovering from new lows set early. Liverpool continued dull during the afternoon and finished M to Tb cent lower. Buenos Aires was Vs cent lower near mid-day. Receipts were large today at leading markets as farmers took advantage of the stabilized prices for old crop v/heat. Cash prices were unchanged to Vt cent lower. Receipts were 166 cars. Corn Trade Strong Corn was nervous and unsteady at the start, but firmed sharply with wheat. Attempts to buy July found the offerings light and prices ran up more than 20, holding 1% to 1% cent higher at mid-session. Weather was favorable for crop progress over most of the belt. Cash prices were 1 A to Vi cent lower. Receipts were 88 cars. Oats partook of the better sentiment in the other pits and was unchanged to % cent higher at midmorning after starting easy and lower. There was no feature worthy of mention. Cash prices were unchanged to cent lower. Receipts were 19 cars. Chicago Grain Table —May 28WHEAT— prev . Open. High. Low. Close, close May (old) .82% .82% .83 ,82Va .82 s ,fa . , (new) .85 .85 .84% .85 .85 July 5874 .60(4 .58% .59% .59 Sept 58% .5974 .58% .59V? .58(4 Dec 61*4 .627a .6174 .6274 .61% CORN— May (old) .55% .57 .55(4 .56% .55y B (new) .57(4 .57% .56(4 .56(4 .55% July 55% .5774 . 55% .57% .55% Sept 52% .53% .52% .53% .5274 Dec 46% .47% .46% .47*4 .4674 OATS— May (old) .26% .27(4 . 2674 . 2674 .26% (new) .2674 .26% .2674 . 2674 . 26% July 26(4 .26% .26(4 .26% .26% Sept 26(4 .26% .26% .26 (a .26% Dec 2874 ,29Va .28% .29 .28(4 RYE— July 38% .39% .38% .39 .38(4 Sept 38(4 .39% .38% .39 .38% Dec 41 .4174 .41 .41% .41(4 LARD— May 7.17 737 July 7.27 7.30 7.25 7.25 7.30 Sept 7.37 7.40 7.35 7.37 7.40 °ct ..... 7.35 7.35 7.32 7.32 7.40 BELLIES— May •7.62 7.62 July 7.80 7.80 By Times Special CHICAGO. May 28.—Garlots: Wheat, 197: corn. 88: oats. 18: rye. 0. and barley. 9. Local Wagon Wheat City strain elevators are paying 67c for No. 1 red wheat and 66c for No. 1 hard wheat.

Investment Securities Breed, Elliolf & Harrison Established 1912 109 N. Pennsylvania St. Street Floor

James T.Hamill & Company fflrei to All Lm<lu Market*. Indiana poll* MEMBERS Chicago Stock Exchange Chicago Board of Trad* ladUnapolla Board of Trada A*etated New York Curb 203 Continental Bank Bldg. Tel. Klley 64S3—Riley MM