Indianapolis Times, Volume 43, Number 19, Indianapolis, Marion County, 2 June 1931 — Page 12

PAGE 12

STOCKS STAGE SWIFT RALLY AFTER DECLINE Steel Regains 2 Points of Initial Setback; Pace Is Fast.

Average Stock Prices

Avenue of thirty industrials for Monday was 132.77. off 3 69. Avenue of twenty rails wai 87.94. off 4.12. Average of twenty utilities was 80.08. off 227 Average of *crt7 bonds was 94.12. eff .55. BY ELMER C. WALZER United Press Financial Editor TEW YORK, June 2.—The stock market rallied from another decline : oday, held steady at levels fractions to a point or so above the previous c!o.e and then around noon started gradually to sink again. Large blocks of stock were disposed of at the opening at lower levels, Steel common touched anew low for nine years and a long list of rails was carried to the lowest prices in many years. On the rally Steel came back to 36U, up 2 points from the early low. At noon it was back to 85 *i. Other leading industrial issues moved in about the same way and rails also were unable to hold gains. Pace Slows Down Dealings were on a large scale at the outset as a result of the liquide tion of weakly margined accounts. The pace slowed down later. Copper shares declined following action of Copper Exporters, Inc., in reducing the price of foreign copper to coresrpond with an B*2 cent domestic price. Among issues which were accorded fair support in the morning were General Electric, American Can, General Motors, Westinghouse Electric, Union Carbide, National Biscuit, all of which registered net gains ranging to more than a point. These gains were reduced gradually in the early afternoon. Call Money Firm Transamerica was again depressed to anew record low from which it rallied a small fraction. Cotton futures declined to new low levels since 1915. A recovery, followed the early decline in this commodity, but prices were still under the previous close around noon. Grains held steady. Call money renewed at IJ£1 J £ per cent and held there.

Bank Clearings

INDIANAPOLIS STATEMENT —June 2 Clearings $3,927,000.00 Debits 8.308.000.00 CHICAGO STATEMENT Clearings $99,700,000 00 Bn lances 11,700,000.00 TREASURY STATEMENT —June 2 Net balance for May 28 ...,$41,060,313.95 Expenditures 8,119,170.78 Customs rects. month to date 27.463,104.13

New York Curb Market

(By Thomson At McKinnon) —June 2

Close Close. Am Com Pwr ...IIU Int Pete 8U Am Gas A El .. 48% Midwest Ut ... 13 Am Lt & Tr.. 35U Mo Kan Pine ... 4% Ark Gas 314 Mt Prod 3'/ Bia3ll Pw A Lt 12% National Av .. 4% Can Marc 3% National Inv 3>/a Cities Serv .... lOVsjNewmont Min .. 25U Cons Gas 77 jNia Hud Pwr... 9% Cord 7U Penroad 5 Crocker & Wh.. 8U Prlpce & Whtly. 1% Durant Mot ... 1% Salt Creek 4 Blcc Bond Sh.. 31% Bel Indus 2U i'ord of Can ... 18 I Shenandoah .... 4% For do* Eng ... 10 iStd of Ind .... 19% Ford of Fr G%|Std of Ky 16% F’ox Theater ... 2U Std of Ohio ... 38 Goldman Sachs 5V* Stutz 22 Gulf Oil 39 1 a Trans Air Trans 5% Hudson Bay ... 3% Un Gas (new). 5 Humble Oil .... 50 Un Lt <fc Pwr A IB’s Tnd Pipe 10 Un Verde 6 Tnd Terr A.. . IOUiUt Power 7Vi Insul! Ut 26U!Vacuum Oil ...’ 23% Tut Super 20V.il Van Camp 4

Net Changes

By United Pres* NEW YORK, June I.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Off Up Alaska Juneau 17 ... % American Can 93V* 1% .. American Smelting 26 1U .. American Telephone 159% 5% .. Atchison 135% 10*8 Auburn 142 U 15 Bethlehem Steel 38% I*4 Cass 62% 2U .. Consolidated Gas 83U 2% .. Electric Power 30% 3 Pox Film A 15 General Electric 36% 2% .. General Motors 31*4 2% .. International Nickel, ex-dlvl. 10 V* .. International Telephone .... 22% 1% .. Loew’s Inc 36% 1% .. McKeesport Tin 74 2 Montgomery Ward 16V4 % Nat Biscuit 09 3 a 3*B .. N Y Central 73% 4% .. North American OOU 3U .. Paramount 21 lli .. Radio 14 Vs .. Radlo-Ketth 11*4 % .. Sears Roebuck 47% 2% .. Stand/rd Gas 56% 2% .. fltanda. and OH N J 32 1 Texas Corp 19 Vi .. Union Carbtds 44U 1U .. United Air 23*4 2% .. U S 81 Cel ex-dlv 84% 4 Vanadium 24 2% .. Westltißhouse El 58 IV4 Worthington Pump 38 2 New York Liberty Bonds —June 1 — SUs 102.19 Ut 4%a 103.10 4th 4%s 104.28 Treasury 4-’%s 114.6 Treasury 43 109.12 Treasury 3%s 107.12 Treasury 3%s of ‘47 102.30 Treasury 3%s of ’43 102.23 Treasury 3%s of ’43 June 102.22 Chicago Stocks Opening (By James T. Hamill A Cos.) —June 2 Asa Tel Util... 23%'Insul! C0m.... 26>i Bendtx Avia 15 Insull 6s '40.... 78% Boorg Warner. 15% Midi Un c0m.... 18% Cent So West.. 14% Middlew Com... 15U Cord Oorpn 7% Nat'l Standard.. 26% Con Ch Cp com 5 IStd of Ind 19% Con Ch Cos pfd 34% Swift A Cos 25% Cent Pub Serv.. Ills Swift Internat.. 31 Com Ed 230 |U S Ra A Tel... 13% Cheo Sec 14*4 Ut & Ind pfd . 15U Grigsby Gru 3 I Marriage Licenses (Issued Friday) Anton Harrleder, 26. of 947 High street, packer, aud Anna Frledl. 26. of 5560 Washington boulevard, domestic worker. John H. Lincoln. 31. of 6t. Louis, draftsman. and Dorothy E. Krelts. 23. of 4216 West Sixteenth street. Herbert R. Stout. 30. 736 North De Quincy street, brakeman. and Helen Marie Huevel, 23. of 922 Olive street, assistant buyer. Earl* J. Jones. 34. of 1427 E. Vermont street, and June L. Welllnßton. mechanic. >3. of 365 Maple road, housekeeper. Kenneth Clark Porter. 24. of 1852 Brookside avenue, Rrain elevator operator, and Alice P. Weddell. 21. of 1133 East Washington street. Jesse R. Mattocks. 23. of 3284 McPherson avenue, civil engineer, and Florence A. Montague, 23. of 1923 North Talbot street, stenographer. Clint L. Hudgens. 24. of 843 Westbrook avenue, commercial artist, and Dorothy Hovlous. 17. pf 815 West Brooks street. William H. Maver. 34. of 5814 Lowell avenue, wholsale furniture salesman, and Martha Lou Cline. 22. of 1918 College avenue. clerk. Jackson H. Tarleton. 24. of 1628 Central avenue, tabulating clerk, and Helen M. IJurphy. 21. of 831 Lincoln street, bookJohn F. Mills. 24. of Indiana university hospital, student, and Elisabeth Sharp, 24. of 2443 Pierson street, buyer.

New York Stocks ■" - <*v Thomson * McKinnon i ——————

By United Press NEW YORK, June 2.—Sales on the New York Stock Exchange today totaled 3,300,000 shares; Curb stock sales totaled 630,000 shares. —June a—p t*%. Railroad*— High. Low. Ciofe. close. Atchison 139 s * 132% 134‘, 135% Atl Coast Line.. 80 79 80 80 Balt At Ohio 45% 43’4 44 45 Chesa & Ohio.. 28% 37 28V* 27% Chesa Corp .... 29'* 37'4 28% 28% Chi Ort West.... 4‘* 4 4 4% Chi N West 26 35 25' 25'* CRI & P 25 23*4 34 23% Del L At W.... 50 45>* 45% 50 Del At Hudson..ll4 106% 108% 115 Erie 14*, 13'a 13>a 14'a Great Northern.. *4% 43% 44 44*4 Illinois Central., 42% 41% 41% 42% Kan City 50.... 27% 25 27% ... Lou At Nash 63% 65 M K At T 10% 10 10 10*4 Mo Pacific 18% 12% 14% 15 N Y Central .... 75% 71% 71% 73% NY NH At H.... 64% 63 64*4 63'* Nor Pacific .... 33% 32% 32% 33% Norfolk At West. .144% 139 141 141% Pennsylvania ... 43% 42% 42% 42% Reading 63 62 63 62 Ho Pacific 69% 67% 67% 68% Southern Ry.... 28 37 27% 27% St Paul J% 3% 1% 3% St Paul pfd 5% St L At S F.... 10% 9 9 10% Union Pacific ..142 137 137% 141% Wabash 8% 8 8 8 W Maarvland... 9% 9 9% 9*4 West Pacific... 5 4 4 5% Equipments— Am Car At Fdr... 15% 14% 14% ... Am Locomotive. 14% 14 14% 14% Am Steel Fd... 12 11% 11% 11% Am Air Brake S 28% 26% 26% 20*4 Gen Am Tank... 54% 52% 53 5 . 54 General Elec... 37% 36 36% 36% Gen Ry Signal 49% t 46% 46% ... Lima Loco 21V* 19% 20% 21% N Y Air Brake... 12% 12% 12% ... Press Stl Car... 32% 2% 3 Pullman 31 28 29 % 30 ■Westingh Ar 8.21 % 20% 20% 20% Westingh Elec.. 60% 58 V. 58% 58 Rubbers— Firestone 18% 16 16 16% Fisk % % Goodrich 8% BVi 8% 8% Goodyear 32% 30% 31 31 Kelly Sprgfid 1% 1% 1% 1% Lee Rubber ... 32% 2% 3 U S Rubber.... 10% 10% 10% 10% Motor*— Auburn 150% 136 138 142% Chrysler 14% 12% 13% 14 Gardner % Graham Paige.. 3% 3% 3% 4 General Motors 32% 31% 31 % 31% Hudson 11% 11 11% 11 Hupp 6% 5 V* 6% 5% Mack 23% 21% 23% 21% Marmon 3% 33 3*4 Nash 23 % 20 21% 22% Packard 5% 5% 5% 5% Pierce-Arrow ..15 14 14 ... Reo 6*4 6 6 6 Studebaker 15V* 14% 14% 15*4 Yelow Truck ... 8% 5% 5% 5% Motor Access— Am Bosch 12 Bendlx Aviation 15% 11% 15 15 Borg Warner ... 15% 14% 15% 15% Briggs 9% 8% 8% 8% Budd Wheel 7% 7*4 7% 7% Eaton 10% 10 10% 10% El Storage B ... 49% 49 49 49V. Hayes Body 2% 2% Houda 4% 4% 4% 5 Motor Wheel ... 9 B*4 8% 9% Sparks W 6% 8 6 6% Stewart Warner 8% 8% 8% 8% Timkln Roll ... 36% 32% 331'. 35% Mining— Am Metals 9 BVi 8% 8% Am Smelt 27 25 25 26 Am Zinc 4 3% 4 4 Anaconda Cop .. 21% 19 Vi 19% 21% Cal At Hecla 26 23% 23% 26% Cerro de Pasco.. 15 14V* 14% 15% Dome Mines ... 12% 11% 12 12 Freeport Texas.. 23% 22 22% 24% Granby Corp ... 101. 10% 10% 11 Great Nor Ore.. 19% 19 19 19*% Howe Bound .... 15 14 14 15 Int Nickel 10 9% 9% 10 Inspiration .... 5% 4% 4% 5% Kennecott Cop.. 15% 14% 14% 15% Magma Cop 11% 10% 10 % 12 V* Miami Copper... 5 4*4 4% 5 Nev Cons 7% 6% 6% 6*4 Texas °l l 1 Bul • 331/ * 29% 29% 34% U 14 13% I*% Oil*— Amerada 5*4 5% 5*4 5 Atl Refining 11% 11% 11% 11% Bamsdall 6% 5*4 6 6% Beacon BV* B*4 8% g*4 Houston 6% 6 6 6% Indian Refining.. 2% 2V4 Ohio Oil 7% 7 7% 7% Mex Sbd 11% 10% 10% 10% Mid Conti 6*4 5% 6 6% Pan-AOmer (B).. 25 Phillips 5 V* 4 Vi 4*4 5% Pr Oil Ac Gas.. 7% 6% 7% 7% Pure Oil 5% 5% 5% 5% Richfield 1% 1 l i% Royal Dutch... 26*4 24% 25% 25% Shell Un 4% 4*4 4% 4% Simms Pt 5% 5*4 Sinclair 6% 6% 6*4 6% Skelly 3% 3% 3% 3% Standard of Cal 33 31 31 33>4 Standard of N.l 32 30% 30% 32 Standard of NY 15 14% 14V* is Texas Cos 18V* 18 18% 19 Union Oil 16*% 16Vi 16*4 16% Steels— Am Roll Mills.. 16 15*4 15% 16% Bethlehem 40% 38 % 39% 38% Bvers A M 25% 23V, 24% 24% Colo Fuel 10% 9% 10V' S 11% Cruc Steel 34 31 32% 32 Inland 42 39% 39% 41% Ludlum 9% 8% 8% 9% Midland 14 % 15 Newton ... 11*% ... Repub I Ac 8... 10% 10 10 10*4 U S Steel 86V* 83V* 83% 85% Vanadium 25*4 23% 23% 24 Youngst S & W.. 15% 15 15% 16 Youngst S Ac T.. 40 39% 4040 Tobaccos— Am Sumatra.... 7% 7 7 A Tob A (newt 101*5 98*4 99% 99V4 Am Tob B (new) 105% 103% 104 103% Con Cigars 31 % 28% 28% 30 General Cigar.. 31% 31 31% 32 Lig At Myr <B> 64V* 63% 64% 62% Lorlllard 13 V* 13 13 13 Vi Phil Morris 10 10 Reynolds Tob .. 45% 45 45 45% Std Com Tob 2% 2% Tob Pr A 10V* 10*4 10% 10% Tob Pr B 2% 1% I*4 2% United Clg 4% 4*4 4% 4*4 Utilities— Abitlbl 4 3*4 3% 3*4 Adams Exp 11% 11% 11% 11% Am For Pwr .... 24 22 22V* 22*4 Am Pwr & Li... 32 30*4 31% 32% AT&T 161V* 156% 158*4 159*4 Col Oas & E 1... 23 20V4 21*4 22*4 Com At Sou .... 7V* 6% 7*4 7 El Pwr &Li 32*4 30% 31*4 30% Gen Gas A 4*4 4% 4*4 4*4 Inti TANARUS& T 23% 20% 21*4 22% Natl Pwr & Li.. 21*4 20% 20% 20'4 No Amer Cos 61-% 56% 58% 60% Par, Oas F,l 40*4 39 39 40% Pub Ser N J ... 74% 73% 73% 73% So Cal Edison... 39% 38 38% 40 Std G& El 58 55% 55% 56% United Corp ... 18% 17% 18% 18*4 Ut Pwr & L A.. 21 19 s 4 30 21 West Union 100 96% 96% 98*4 Shipping— Am Inti Corp... 10 9% 9% 10% Atl Gulf & W I. 18*4 18 18% ... Inti Mer M-pfd. 9 9 No Om Lloyd 23% 23*4 United Fruit ... 50% 48% 49 49 Foods— Am Sug 44 % 42 42 44% Armour A ...... l s 4 1% 1% 1% Beechnut Pkg .. 46% 44*4 44% 43 Cal Pkg 21* 2 21% 21% 21% Can Dry 37% 36% 36% 37%

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 12c; henerv quality. No. 1, 14c: No. 2. 19c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 17c: under 5 lbs.. 17c; Leghorn hens. 14c; 1930 broilers, full feathered 1% lbs. and up, 24c: under 1% lbs.. 20c; bareback. 16c: Leghorn broilers, 20c: ducks. 9c; old cocks. B@9c: ducks, full feathered, fat whites. 9c; geese, 6c. These prices are for No. 1 too Quality, quoted by Kingan & Cos. Butter (wholesale)—No. 1. 28@29c; No. 2. 26327 c. Butterfat—23c. Chese (wholestje selling price per pound) —American loaf. 22c; pimento loaf. 32c; Wisconsin firsts. 19c; Longhorns. 16c: New York limberger. 30c. By United Press NEW YORK. June 3 —Potatoes—Market, easy: southern. $1.50®4 per barrel; Maine, $2©3.60 per barrel; Canada, $1.2531.40 per barrel. Sweet potatoes—Market, quiet; Jersey baskets. $1.90©3.35. Flour—Market, dull and lower; spring patents $4.50®4.80 per barrel. Pork—Market, dull; mess, $22 per barrel. Lard—Market, firmer; middlewest spot, .0770®.0780 pound. TallowMarket. quiet; special to extra. 3*'*@3%c. Dressed poultry—Market, steady to higher; turkeys 25® 44c; chickens, 25® 38c; broilersu 28® 44c; fowls, 12®27c; Long Islands, 16®19c. Live poultry—Market, dull; geese, 9© 12c; ducks, 13©24c; fowls, 23 ©26c; turkeys. 15©30c; roosters, 12® 13c; broilers. 20®35c. Cheese—Market, firmer; state whole milk, fancy to special, 12@23c; Young America. 14®19%c. By United Press CHICAGO. June 22. —Eggs—Market easy; receipts. 29,502 cases: extra firsts. 16%c; firsts, 16c: current receipts. 15c; seconds. 13%c. Butter —Market, easy; receipts. 30.502 tubs,* extras. 23%c; extra firsts. 22%© 23 %c; firsts. 21©22c; seconds. 19© 20c: standards. 23%e. Poultry—Market, steadv; receipts, no cars in. 1 due; fowls. 18%® 20c; springers. 26c; Leghorns. 17c; ducks. 16c: geese, 12c: turkeys. 20®23c: roosters, 12*ic; broilers. 2 lbs.. 28c; broilers, under 2 lbs., 24c: Leghorn broilers. 23c. Cheese— Twins. 12© 12%c; young Americas. 12© 12*c. Potatoes—On track. 350; arrivals, 108: shipments, 557; market, dull; Louisiana bliss triumphs. SI 55© 1.65; Alabama and Texas triumphs. *1.50®1.60: Idaho russets. $1.40©1.50. By United Press CLEVELAND. June 3.—Butter—Extras. 27%c; standards, 37%c. Eggs—Extras. 17c: firsts. 16c. Poultry-Heavy fowls, 23c; medium. 23c: Leghorn fowls. 17c; heavy broilers. 25®32c; Leghorn broilers. 20© 26c: ducks. lS<ri22c: old cooks. 12c: geese. 10©15c. Potatoes—Maine Green mountain. *1.60© 1.65 per 100-lb. sack. By United Press CINCINNATI. 0., June 2 —Butter, steady; creamery in tub lots, according to tcore. 20@'22c: common rsore discounted. 2#3c; packing stock No. 1. 18c; No. 2. 12c: No. 3.8 c: butterfat. 17®19c. Eggs—Lower; cases. Included; extra firsts. 15%c; firsts. 14%c: seconds. 14c; nearby ungraded. 15c. Live poultry—Thin and coarse stock sella only at heavy discount: fowls. 5 lbs. and over. I8%c: 4 lbs. and over. 18%e; 3 lbs. and over. 18' c: Leghorns. 3 lbs. and over, 13c: roosters. 10%c: broilers, colored. 1 lb and over. 34c: 1% lbs. and over. 34c; 2 lbs. and over. 26c: partly feathered. 15© 30c; Leghorn broilers. 1 lb. and over. 16c; black springers. 20-; 1% lb*, and over. 33c; 3 lbs, and over. 34c.

Childs Oo 11% 17% 11% ... Coca CoU 138 Is<% 136% 116% Coot Baking A.. 10% 9% 10 9% Corn Prod 56% 55% 55% 56% Cm Wheat 27*4 27 37 37*/* Cudahy Pkg .... 37 36% 37 36 Cuban Am Sug.. 3% 3% 2% 3% Gen Foods 44% 43 43% 43% Orand Union 14% 14 14 14% Hershey 85 83% 84*4 85 Jewel Tea 38*. 36% 37 39% Kroger 35% 23% 34 34 <4 Nat Biscuit .... 61% 59% 60*4 59% PlUsbury 37% 35 36 Purity Baking 25V* 34% 34% 25 Safeway St 46 45% 45% 45 Std Brand .... 15% 15 15% 15% Ward Bkg 3% 3 I)rug—Coty Inc 7 6 6% 6V4 Lambert Cos 62'* 60% 61 61% Lehn At Fink .... 24% 23% 23 25 Industrial*— Am Radiator 12 11% 11% 12*4 Bush Term 19% 30 Certalnteed ’ ... 3% 3% Gen Asphalt 16 15% 15% 16 Lehigh Port .... 10 9% 9*. 10 Otis Kiev 35 32% 32% 34% Indus Che ms— Allied Cfcem ....106% 103 108*4 104 Com Solr 11% 10% 11 11% Union Carb 45 43% 44% 44*/* U S Ind A1c0... 38% 28 28 % 27% Retail Stores— Assoc Dry ads.. 17% 16% 17 ... Gimbel Bros 4% 4 4% 4% Kresge S S 36% 26% 26% 26% May D Store .. 30% 29 29% 30 Mont Ward 17% 16 16% 16% Penny J C 30% 29% 29*% 30% Schulte Ret St. 5 5 Sears Roe 48% 45% 46V 47% V/oolworth 65% 62 63% 63% Amusements— Bruns Balke .. .. .. 9 Col Graph 7 6*4 6V 7 Crosley Radio 4% ... Eastman Kod ..127% 121 % 122 125% Fox Film A 15% 13% 14 14% Grigsby Oru ... 32% 2% 3 Loews Ir.c 37*4 36V, 36% 36% Param Fam .... 21% 19 s * 20% 31 Radio Corp 14*, 13% 13% 14 R-K-O 13V* 11% 11% 11% Schubert 3% 33 3% Warner Bros ... 6% 5% 5*4 6% MiscellaneousCity Ice At Fu .. 32 30 31*% ... Congoleum 9 8% 8% 8% Am Can 94% 92 V* 93 V, 93 V, Cont Can 45 41*% 41% 44% Curtiss Wr 3% 2% 2*/, 2Vb Gillette SR 23% 21% 21% 23% Real Silk 13 12% 12% 13 Un Arcft 24V, 22*% 32% 23% Int Harv 40% 39% 39% 39*/* CANADATDPAY WHEATBOUNTY Export Grain Payment Is Offered Farmers. By United Press CHICAGO, June 2.—Canada’s proposal, as announced by Premier Bennett, to pay 5 cents a bushel bounty on wheat intended for export, made grain traders here restive today in consideration of its effect on American export wheat prices. The Canadian premier proposed “that freight rates shall be adjusted by Canada to absorb 5 cents a bushel on all wheat that is exported.” The bounty was justified on the ground that Canadian wheat growers were badly in need of relief and Bennett cited crop failures and the exhausted reserves of the farmers. J. P. Jackson, Board of Trade member, declared that “the proposed action of Canada in advancing a 5-cent bounty on exports looks like a political gesture and not an economic one, and will further disturb other exporting nations.” Other traders were tentatively inclined to view the bounty as a freight rate differential, the effect of which may be difficult to determine for some time.

Bright Spots of Business

Chevrolet Motor Company export sales in May, 50 per cent over 1930. Arundel Corporation four months ended April 30, net $646,124, against $629,764, in like 1930 period. Drug Incorporated, first quarter, net higher. Holland Furnace Company year ended March 31, net $1,676,403, against $1,655,029, in year ended Dec. 31, 1930. Fox Film Corporation 1930 gross, $102,004,009, against $83,184,112, in 1929. Canadian Nickel exports in April double those of April, 1930. Reo Motors May shipments, 1,737 units, against 1,023 in April. Central West Public Service Company year ended April 30, net sl,177,718, against $1,133,445, preceding fiscal year. Gray Telephone Pay Station Company declares extra dividend. Michigan Electric Power Company, year ended March 31, net $209,593, against $198,944, preceding fiscal year. Other Livestock By United Press PITTSBURGH. June 2. —Hogs—Receipts, 750; holdovers. 300; market, steady to weak- 140-210 lbs.. $6.5036.65; 210-260 lbs.. [email protected]; 100-130 lbs.. $6.2536.50; medium and good packing sows, $4.3534.75. Cattle —Receipts. 15; market, nominally steady. Calves—Receipts, 200; market steady to weak; Rood and choice vealers mostly $839. Sheep—Receipts. 250; market about steady; choice handywelght lambs, $10.50® 11; lighter weights. $9310. By United Press CINCINNATI, O. juns 3.—Hogs—Receipts. 3,300: heldover, none; moderately active, steady: better grade 170 to 225 lbs. mostly. $6.40; 235 to around 250 lbs., 56.153 6.30; 275 to 300 lbs., 55.75@6; 120 to 150 lbs.. Including 160 lbs. throwouts largely $6; sows. $4 to mostly $4.50. Cattle— Receipts, 300- calves. 545; slow, about steady; odd lots common and medium steers and heifers. $5.50(36.50; a few better finished vearlings, s7® 7.50: one load good yearling steers. $7.25; beef cows, $-134.75; low cutters and cutters. [email protected]; bulls mostly $4 down, few $4.25; vealers, steady: good and choice 180 lbs. dow-n, $7.50@8: heavier weights. $6.5037.50; lower grades mostly 56.50 down; a few' $7. Sheep —Receipts. 3,500; lambs weak to 50c lower; good to choice ewe and wether offerings. $9.50310.50. mostly $lO and up; buck lambs generally $1 or more below quotations; common and medium. *639; most throwouts. $738: skips down to $5; sheep steady: let ewes. $2.50 down. Building Permits Charles M. Cooper estate, foundation. 356 West Sixteenth. S2OO. Maynard Realty Company, dwelling and garage. E 306 Kenwood. SB.OOO. RAW SUGAR PRICES —June 1— High. Low. Close. January .. 1.42 1.38 1.38 March 1.46 1.43 1.44 May 1.52 1.50 1.51 •hilv 1.32 1.17 1.20 September 1.30 1.26 1.27 December 1.39 1.34 1.37 NEW YORK COFFEE RANGE —June 1— High. Low. Close. March 6.21 6.19 6.21 May 6 33 6.15 6.23 July 5.91 5.73 5.90 September 6.09 5 86 6.06 December 6.19 5.9s 6.17 FIND BOMB AT AIRPORT Crdne Explosive, Fuse Half-Charred, Discovered Near Han gar. By United Press NEW YORK, June 2.—A crude bomb with a half-charred fuse was found in a cigar box near hangar No. 4 at Floyd Bennett airport today. The bomb was taken to a police station in Brooklyn for examination by bomb squad men. -

THE INDIANAPOLIS TIMES .

SWINE PRICES HOLD FIRM IN ACTIVETRADE Beef Steers and Heifers Up 25 Cents; Sheep Stronger. May Bulk Early Top Receipts 25. $0 45® 6.80 $6.80 6.000 28. 6.30® 6.65 6.65 8.000 27. 6.05® 6.40 6.40 8.000 28. 5.90© 8.20 6.20 6,500 29. 5.95® 6.30 6.30 4.000 June 1. 6 00® 8.25 6 25 7.500 3. 6.00® 6.25 6.25 6,000 A slight reaction from recent lower movements carried hogs along in a steady to strong trend this morning at the city stockyards. The bulk, 140 to 300 pounds, sold for $6 to $6.25 with early top figure holding at $6.25. Receipts were estimated at 6,000; holdovers were 326. Beef steers and heifers showed a decidedly stronger tone with prices at least 25 cents up over Monday. Cows held to a firm range. Receipts were 1,200. Vealers were unchanged at $8 down. Calf receipts numbered 800. Sheep and lambs were strong to 50 dents higher, lambs selling generally at $9 to $lO. Top price paid this morning was $10.50. Chicago hog receipts were 18,000, including 2,000 direct. Holdovers 4,000. Market slow, few early sales and bids around steady with Monday’s average. Good to choice hogs weighing 160 to 220 pounds sold at $6.10 to $6.20. Early top $6.20; some held higher. Choice of heavy weights from 240 to 205 pounds, bid $6 to $6.10. Cattle receipts 5,000. Calves 3,000 and steady. Sheep receipts were 9,000 and 25 cents higher. HOGS Receipts. 6,000; market, steady. —Light Lights—-(l4o-160) Good and choice $ 6.10® 6.2.5 —Light Weights—-(l6o-180) Good and choice.... 6.25 (180-200) Good and choice 6.25 —Medium Weights—-(2oo-220) Good and choice. .. 6.20® 6.25 (220-350) Medium and good . 6.10® 6.15 —Heavy Weights—-(2so-290) Medium and g00d... 6.00® 6.10 (250-290) Medium and g00d... 5.85® 6.00 —Packing Sows—-(27s-500) Medium ana g00d.... 4.25® ’.25 (110-120) Slaughter pigs 6.00® 6.10 CATTLE (Slaughter Class) Receipts, 1,200; market, higher. —Steers— Good and choice $ 6.50@ 8.00 Common and medium 5.25® 6.50 (1.100-1,500) Good and choice 6.25® 7.75 Medium 5.50® it. 25 —Heifers—-(soo-850) Good and choice 6.25® 8.00 Common and medium 4.75® 6.25 —Cows— Good and choice 4.25® 5.25 Common and medium 3.50® 4.25 Low cutters and cutters 2.25® 3.50 —Bulls (yearlings excluded) — Good and choice beets 3.50® 4.25 Cutter, common and medium.. 2.25® 3.50 CALVES AND VEALERS Receipts, 800; market, steady, —Vealers — Good and choice 4. . .$ 7.50@ 8.00 Medium 5.50® 7.50 Cull and medium 3.00® 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 4.00® 5.50 (800-1,500) Good and choice 5.75® 7 50 Common and medium 4.00® 5.75 SHEEP AND LAMBS Receipts, 1,000; market, higher. Good and choice $ 8.50®10.50 Common and medium 6.00® 8.50 Ewes, medium and choice .... 1.75@ 2.75 Cull and common I.oo® 1.75 Other Livestock By United Press CHICAGO. June 2. —Hogs—Receipts. 18,000; including 2,000 direct; fairly active, mostly steady with Monday’s average; some heavies. 5-10 c higher; packing sows, steady to 15c higher; bulk. 150-220 lbs.. $6.10® 6.20; top. $6.25: 230-320 ibs.. $5.65®6.15; pigs. $5.75®6.10: packing sows. $4.60®5.2T; light lights. 140-160 lbs., good and choice. $6®6.20: light weights. 160-200 lbs., good and choice. $6.10®6.25; medium weights, 200®250 lbs., good and choice. [email protected]; heavy weights. 250-350 lbs., good and choice. [email protected]; packing sow’s. 275-500 lbs., medium and good. $4.60®5.25; slaughter pigs. 100-130 lbs., good and choice, [email protected]. Cattle—Receipts. 5,000; calves, 3.000; fed steers and yearlings. 15®25c higher on active market; weighty bullocks up most; she stock sharing upturn, especially yearling heifers and light butcher heifers: most sales fully 15c over low time last week; top yearlings and medium weight steers. $8.10: bulk, $6.25© 7.50. Slaughter cattle and vealerss—Steers. 600-900 lbs., good and choice, $7®8.25; 900-1100 lbs., good and choice. $7®8.25; 1100-1300 lbs., good and choice. [email protected]; 1300-1500 lbs., good and choice. [email protected]: 600-1300 lbs., common and medium, $5.2d ©6.75: heifers. 550-850 lbs., good and choice. $6.75(§>7.83: common and medium. $5®6.75; cows, good and choice. [email protected]; common and medium. $3.50®4.25; low cutter and cutters. [email protected]: bulls, yearlings excluded, good and choice, beef, $3.75® 4.50: cutter to medium. $3©4.10; vealerss, mils fed, good and choice. [email protected]; medium, $6.50@8: cull and common, ss® 6.50. Stocker and feeder cattle—Steers, 500-1,850 lbs., good and choice, s6@7; common and medium. $4.75@6. Sheep— Receipts, 9,000; early market, not esstablished; few sales, steady, desirable native lambs. $9©10.25; bucks. $8®9.25: choice yearlings bid. $8.35; most shorn ewes. S2O 2.25: few. $2.50. Slaughter sheep and lambs —Lambs. 90 lbs. down, good and choice. s9ffz 10.50; medium. sß®9: all weights common. s6®B: ewes. 90-150 lbs., medium to choice, $1.75(3.3;. all weights, cull and common. sl@2. By United Press TOLEDO. June 2. Hogs—Receipts, 450: market steady to 10c lower; heavies. $5.50 <3 5.75; medium. $0.85®6.10; Yorkers. $6.10 ©6.25: pigs. $5.65@6. Cattle Receipts. 40; market, slow. Calves—Receipts, liberal; market. 50c lower. Sheep—Receipts, light; market, slow to 50c lower. By United Press EAST ST. LOUIS. El.. June 2.—Hogs— Receipts. 13,500; market, slow at 10®15c decline from best Monday; practical top. $6.10; few lots. $6.15; most 250 lbs., eariy. 56®6.10: no weightier hogs sold; sows 25c higher; steers. $6.65®7.35: top mixed largely $4.50®4.85. Cattle—Receipts, 2,800;' calves, receipts 2.200; market, fed steers In light supply; no Texas steers on around steady; vealers unchanged; other sale; steers 25c higher; medium bulls slaughter classes, feeder cows and heifers 25c higher. Steers. $6.65®7.35: top, mixed yearlings and heifers. $6.75® 7.75: cows, 53.50®4.50; some $5; low cutters, [email protected]: medium bulls. $2.75®3.50; good and choice vealers. 8.25. Sheep—Receipts. 7,500; market. no early sales: Indications about steady; lambs 90 lbs. down, good and choice. $6.75®10.25; medium. $7.25©8.75; all weights, common. $5.50®7.25; ewes. 90150 lbs., medium to choice, $1.75®3.75; all weights, cull and common, 50c®51.75. By United Press EAST BUFFALO, June 2.—Hogs on sale 1,400- slow, vshy uneven; offerings scaling 200 lbs. and down. slo® 10.50; heaviest; cuts strong to 16c higher; desirable 140-203 sbi., *[email protected]; 210-220 lbs.. *6.35®6.53: hacking sows. 54.25®4.75. Cattle—Receipts. 25; all price nominally steady. Calves—Receipts, 400; mostly, steady; good to choice vealers. $8 ©9.50; common and medium. [email protected]. Sheep—Receipts, 1,000; lambs steady to weak; auality and sorts considered. Desirable Kentucky springers, $11.50 straight. Others. $10:25® 11.25; common and medium, Sfi©lo; aged sheep steady; few shorn ewes, $1.50©3.50. By United Press CLEVELAND. June 2.—Hogs—Receipts. 1,300; holdover. 59; mostly, steady; rough sows and stags 25c off at $4.50 and $3.25; respectively; top $6.50 on 160-210 lbs. sorts; 220-250 lbs., largely. $6.30; 260-300 los., kinds. $6.15; load to medium to good 189lb. averages, $6.35; part load common. 223 lbs. $5.75. Cattle—Receipts. 100; common holdover steers, $6.25®8.50 steady; some weakness on low cutter to medium cows around $2.50© 4.25; bulls little change. Calves—Receipts, 800; weak to 5Cc lower; principal activity on light and handyweight, $8.50(39; good to choice discriptions; others downward to $7; culls, $5. Sheep—Receipts. 400; medium to good lambs around $8.50 to $lO steady: quality considered; little Interest in yearlings; sheep dull and weak. By Times Special LOUISVILLE Ky., June 2.—Hogs—Receipts. 800; market, steady; 225 lbs. up. *5.50; 165 to 225 lbs.. *6.05; 130 to 165 lbs., $5.40; 130 lbs. down, *4.75; roughs, *3®4: stags, *2.25. Cattle—Receipts. 100; market, steady: prime heavy steers. s6©7; heavy shipping steers, *5.50®6; medium and plain steers, $5#5.50; fat heifers. $6 ©7.50; common to medium heifers, s4@>6; good to choice cows. *[email protected]; medium to good cows,, *2.75®3.50; cutters. *2.25® 2.75; canners $1.5032.25: bulls. s3®4; Feeders. *6®7: stockers. $4 50 £6.75. Calves —Receipts. 300; market, steady; good to choice, *636.50; fancy. *7; outs. *5 down. Sheep—Receipts. 3.500; market, prospects 60e lower. Monday’s shipments: Cattle, M; eelrea, 417; bogs. 144; sheep. 3,345.

Dow-Jones Summary

Consolidated Clgsr declared a regular quarterly dividend of 25 cents on common stock, payable July 1. of record June 15. Daily average production of crude oil in United States in week ended May 30 totaled 2.464.197 barrels, an Increase of 24 98" barrels over preceding week, according to Oil and Gas Journal. Jewel Tea four weeks to May 16. sales tl .091.416. off 1* 7-10 per cent from year ago. Twenty weeks. 65,448,987. off 12 2-10 per cent. Hupp Motor May shipments 2.154 cars against 3.139 month ago. and 3.348 year ago. Consolidated Railroad of Cuba in first quarter earned $'..53 a share on 6 per cent preferred stock, against $2.09 in like period of 1930. Nine months $4.61. against $5.34. Segal Lock and Hardware declared a regular quarterly dividend of 12% cents, or 2% per cent In common on common stock. Cuba Railroad Company In March quarter earned $4.98 a share, against $14.12 in like period of 1930. Nine months $13.38. against $26.33 in like period of previous fiscal year. General Cable cuts bare copper wire prices % cent to 1014 cents a pound in car load lots. Cuba Company March quarter loss $300,668. after all charges. against profit of $1,570,749 in like quarter of March. 1930. Nine months profits $183.039. against $8,395,351, in like period year ago. Gross shipments of rubber from Malaya in May totaled 44.281 tons, against 43.458 in April. May shipments from Ceylon New York Stock Exchange received notice that Interest due June 1, 1931 on Pacific Coast Company first mortgage on fifty-year 5 per cent bonds due in 1946, Is not being paid. Ross Gear and Tool Company declared regular quarterly dividend of 50 cents on common stock, payable July 1, of record June 15. Hydro-Electric Securities Corporation declared a regular quarterly dividend of 35 cents, payable June 16, of record June 3. Thompson Starrett Company. Inc. declared a regular quarterly dividend of 87% cents on preferred stock, payable July 1, of record June 11. New York cables opened In London at 4.86%, up 3-32; Paris checks. 124.12; Amsterdam. 12.085; Italy. 92.975; Berlin, 20.487. L. A. Young Spring and Wire Corporation declared a regular quarterly dividend of 75 cents, payable July 1, of record June 13. Sterling cables opened 4.8611-16. unchanged; francs. .0291 15-16. unchanged; marks. .2375 Vi, up %; Spain, .0921. up 22.

In the Cotton Market?

(Bv Thomson & McKinnon) NEW YORK, June I.—Cotton was not much in demand this morning. Cables were not reassuring, neither was the action of other markets. Opening prices were 12 or thirteen points lower and most of the buying was for local account and based on what looked like a cheap price. Later in the morning, when prices showed no disposition to advance, traders sold their holdings gradually causing a further decline of about 10 points. Neither the buying nor the selling was aggressive. Dry goods markets reported very little volume with prices somewhat easier, but less concessions being made on the part of sellers than have been made in spot cotton. In our opinion the weather remains favorable, such showers as have been received were needed and cool temperatures, while they have set the crop back about two weeks, have net done any harm that can not be adjusted by a week of warm weather. NEW ORLEANS —June 1— High. Low. Close. January 9.19 9.12 9.16 March 9.45 9.30 9.33 July 8.57 8.42 8.52 -October 8.90 8.74 8.84 December 9.11 8.96 9.05 NEW YORK High. Low. Close. January 9.25 9.09 9.15 March 9.45 9.28 9.37 May 9.64 9.50 9.53 July 8.61 8.40 8.47 October 8.94 8.75 8.80 December 9.13 8.96 9.02 CHICAGO High. Low. Close. January 9.31 9.31 9.25 July 8.65 8.52 8.60 October 9.00 8.84 8.93 amhf7* Q Q Q IS

DIVIDEND NOTICES Mwntucrnron UTILITIES POWER & LIGHT CORPORATION (For quarter ending June 30, 1931) 7% Cumulative Preferred Stock Quarterly dividend... .$1.75 per share Payable on July 1,1931 To stockholders of record June S, 1931 Class A Stock Quarterly dividend 50c per share Payable on July 1,1931 To stockholders of record June 5, 1931 Stockholders have right and option to accept, in lieu of their cash dividend, l/40th of a share of Class A stock for each share held. Class B Stock Quarterly dividend 25c per share Payable on July 1, 1931 To stockholders of record June 5,1931 Stockholders have right and option to accept, in lieu of their cash dividend, 1 40th of a share of Common stock, for each Class B share held. Common Stock Quarterly dividend 25c per share Payable on July 1,1931 To stockholders of record June 5, 1931 Stockholders have right and option to accept, in lieu of their cash dividend, l/40th of a share of Common stock for each share held. Aa to the Claaa A, Claes B and Common Stocks, unless by the close of business June 13, 1931, the stockholder advises the Corporation that he desires his dividend in cash, the Corporation will send to him the additional stock (or scrip for fractional shares) to which he is entitled.

James T. Hamil] & Company Prtvafa Wires te All Utdisi Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Cork 203 Continental Bank Bldg. Tel alley 6498—Riley 5494

We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER 703 Fletcher American Building UP E. Market St.

SECURITIES OUT AS BAROMETERS OF UJJRADE Observers Find Business on Upgrade Despite Stock Breaks. By United Prets NEW YORK, June 2.—Stocks listed on the New York Stock Exchange are now back to levels of six years age/ for the industrials and ten years ago for the railroad shares. In the persistent liquidation prevalent since the end of February, values of all shares listed have declined $14,000,000,000 from the total as figured by the Stock Exchange as of Feb. 28 at $57,054,766,481. At today’s valuation of approximately $43,000,000,000 the entire stock list shows a decline of nearly $47,000,000,000 or more than 50 per cent from the record high of $89,668.276,854, reached at the end of August, 1929. High Prices Gone The Dow-Jones industrial average at the close Monday stood at 122.77 for the first time since May, 1925, when it was down as low as 121.10. The railroad average was at 67.94, the lowest since June, 1921, when it touched 65.52. Today 300, or 40 per cent of all active common stocks are selling at an average price of 4%, against 5616 in the 1928-1929 markets. There are no stocks actively traded selling at or above 200. The last to leave this fold was Peoples Gas, which dropped out last week. There are very few selling at 100 or above. In the decline, dividend yields have risen, usually presaging reduction or elimination of the payments. At the close Monday, United States Steel common stock yielded 8U per cent; Johns-Manville, 7; Du Pont, 5%; General Motors, Timken Roller Bearing, 8%; American Telephone, 5%; International Telephone, 9; Western Union, B*4; Fox, 27. Trend Is Better Stone & Webster, 15 per cent; American Smelting, 15%; Anaconda, 7; American Can, 9%; Westinghouse Electric, 7; General Electric, 4%, and Bethlehem Steel, 10%. Yields of lower-grade issues run much higher. Since Jan. 1, this year, more than 900 dividends of American corporations have been omitted or reduced. These changes included 490 omitted, 65 deferred and 373 reduced. Despite this formidable array of adverse factors, keen observers find under the surface a trend toward betterment. Not much is expected from the stock market. Contrary to old-time opinion the stock market does not discount the future. This has been demonstrated for several years in rapid changes in business, the most notable being the 1929 downturn when the stock market advanced more than three months after the industrial depression had been under way.

New York Bank Stocks

(By Thomson <& McKinnon) —june 2 Bid. Ask. America 41 44 Bankers 81 Vs 84% Brooklyn Trust 380 395 Central Hanover 204 209 Chase National 60% 63 Vs Chatham Phoenix Natl .. 53 56 Chemical 37% 39% City National 67% 70% Corn Exchange 84 , 8S Commercial 230 240 Continental 16% 19% F.mpire 39 42 First National 3,220 3,420 Guaranty 399 404 Irving 27'% 29 Vi Manhattan & Company.... 65% 68% Manufacturers 37% 39Vi New York Trust 127 133 Public 43% 46%

business Opportunity If you are interested in establishing yourself in an immediate income-producing “depression-proof,” safe, sound and pleasant business, involving no selling, vrith unlimited opportunity and under your sole and complete control, offering a rare opportunity, and you have capital of from $6,000 to SIO,OOO cash, your confidential inquiry will be given immediate attention. ★ No purchase of stock, bonds, real estate, inventory or , risk involved. Ample proof of national success. ★ ★ Ambitious persons, wishing to grasp extraordinary business opportunity, that will stand rigid lnvestigatio x, will be interested.. Idle curiosity seekers will please not reply. Give full information and several references when replying. Address reply to B No. 87. TIMES

- |lf You*re Looking for a Real | Honest-to-Goodness (100%) 5 Show on Both Stage and | Screen . . . Here ’Tit I 1. HARRY LANGDON Famous Little Movie Comedian in a IN Riotous Act of Hokum, Fun and OPDCAW Frolic on the Stage. 1 TL. FABER and WALES I All Seats I I jgj Another Refreshing Comedy Pair till 1:00 |J. MACK and STANTON r/i" You’ll Howl at These Clowns Odv I 4. TOMMIE EVANS & CO. £ A Real Musical Treat Ot)C UUC 1 5. EARL-JACK & BETTY IoC Thrills . . . and How s ■S FREE i6. AUSSIE and CZECH PA '”,° MJ Something Different § _ ============== ===============^^ 7 A rapturous romance to make your heart rejoice—with a I ELISSA LAND! “Always Goodbye” with LEWIS STONE Imm NOW THRU FRIDAY la V I Miss anything else—but see ■ mem mm AGA this show.

Cash Grain

—June 3 The bid* tor cmr lots of grain at the cell of the Indianapolis Board of Trade, f. o b shipping poln, basis 41 Vic New ork rate' were: Wheat—Steady; No. 1 Ted. 729 73c: No 3 red. 71®73c; No. 3 hard. 7173 c. Corn —Firm: No. 3 white. 5354 c; No 3 white. 51®53c; No. 3 yellow. SO'rfSlc: No 3 yellow. 4950 e: No. 3 mixed. 48fi<9c; No. 3 mixed. 47® 48c. Oats—Steady: No. 3 white. 34%®25%c; No. 3 white, 23%®35c. Hay it. o. b. country points taking 23 %c or less rates to CinclnnhM or Louisvillel—Steady to weak; No. 1 timothy $12.50® 13: No. 2 timothy. sll fill 50; No. 3 timothy. slo® 10.50: No. 1 light clover mixed, sl2 504U1; No. 1 clover mixed. $lO &10.56; No. 1 clover hay. $8.50®9. —lnspections Wheat—No. 1 red. 2 cars: No. 5 red. 1 car; No. 1 mixed, 1 car. Total. 4 cars. Corn (new) —No. 1 white. 1 car: No. 2 white. 2 cars; No. 1 yellow. 2 cars; No. 2 yellow. 1 car; No. 3 yeUow, 1 car. Total. 7 cars. Oats—No. 3 white. 1 car; No. 2 mixed feed. 1 car. Total. 2 cars. Chicago Grain Table —June 3 WHEAT— Prev. Open. High. Low. Close, close. July ... .59 .59% .58*2 .59V* .58% Sept... .58% .58% .57% .57% .57% Dec 61% .61% .60% .60% .61% CORN— July .. .55% .57 .55% .56% .55% Sept... .53% .53% .52% .52% .53% Dec 46% .47% .46% .46% .48% OATS— July .. .26 .26% .35% .26% .25-. Sept... .26% .26% .36% 36% .36% Dec 29% .29% .29 29 38% July .. .37% .37% .35% .36 .37% Sept... .38% .38% .37% 37% .38% Dec 41% .41 % .40% .40% .41 LARD— July.. 7.65 7.65 7.60 7.65 7.47 Sept.. 7.60 7.77 7.60 7.77 7.57 Dec... 7.60 7.72 7.00 7.73 7.55 BELLIES— July.. 7.85 7.95 7.85 7.95 7.75 Feb 8.05 8.00 By Times Special CHICAGO. June 3—Carlots: Wheat. 260; corn. 134; oats. 20; rye, 0. and barley. 8. By United Press TOLEDO. 0., June 2.—Grain close; Grain on track. 28%c rate. Wheat —No. 2 red, "6%®77%c: No. 1 red, lc premium. Corn—No. 2 yellow, 56tgi57c; No. 3 yellow, 54%@55%c. Oats—No. 2 white. 28%'n 29Vic; No. 3 white, 27%@28%c. CloverDomestic prime old, $13.75; prime new, sl4; prime choice new, $14.25; prime choice old. sl4; October. $14.25; December, $14.50. Alßlke—Cash, sl4. Butter—Fancy creamery, 27(f828c. Eggs—Country run, 16£il7c. Hay—Timothy, per cwt., $1.25. By United Press CHICAGO, June 2.—Cash grain close: Wheat—No. I hard, 81 Vic. Corn—No. 3 mixed, 55%c; No. 1 yellow, 56Vic; No. 2 yellow, 56®56Vic; No. 3 yellow, 55c; No. 4 yellow, 54%c; No. 5 yellow, 52%c; No. 6 yellow, 52c; sample grade, 46(®47c. Oats —No. 2 white. 27Vie; Ho. 3 white, 27%c. Rye—None. Barley—37®s7c. Timothy—sß[email protected]. Barley—slo.so® 17.50.

Local Wagon Wheat

City grain elevators are paying 68c for No. 1 rd wheat and 67c for No. 1 hard wheat.

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —June 2 Bid. Ask. Amer Founder’s Corp com 2% 2% Am & Gen Sec (A) 13 ... Am Inv Trust Shares 4% 4% Basic Industry Shares 4% 5% Corporate Trust Shares 4Vi 4% Cumulative Tr Shares 5% 6 Diversified Trustee Shares A.. 13% ... First American Corp 6% 7Vb Fixed Trust Oil Shares 3% 4% Fixed Trust Shares A 11% ... Inv Trust NY 5 6 Leaders of Industry Series A.. 6% ... Nation Wide Securities 5 5% National Industry Shares 4% 4% N Am Trust Shares....s 4% 4% Sel Am Shares 4% 4% Shawmut Bank Inv Trust.... 7 10 Universal Trust Shares 4% 5% Super Corp of Am Tr Sh ‘‘A’’ 5% 5% Fundamental Tr Sh “A" 5% 6 Fundamental Tr Sh ‘‘B’’ 6 6% U S Elec Light &: Pwr “A” 26% 28%

AMUSEMENTS, ||A| imh | NITEB, 50c, 73c, $1 rM R I ISil Thrift Matinees tnULIvII | WED., TOURS., 50c ELECTED! Swept into office as season’s funniest play en a tidal wavo of laughter by last night’s happy audience! Join the party! “THAT’S GRATITUDE” Frank Craven —John Golden 1931 Comedy Success Featuring Dick Elliott, Walter Davis Just Fun! No Dirt! No Gangsters! I Sun.. “Strictly Dishonorable’’ Phone Orders Now —LI. 6588

AMUSEMENTS

-JUNE 2, 1931

RAIN REPORTS i FORCE FUTURE i MARKET DOWN Selling Comes After Early Buying Had Carried Prices Higher. BY HAROLD E. RAINY ILLS United Press Staff Correspondent CHICAGO. June 2. Another wave of liquidation in the stock market and reports of rains in western Canada forced wheat backward on the Board of Trade late today, prices reacting sharply from the early advance and closing unevenly. Early strength at Liverpool and Winnipeg had sent prices more than 1 cent higher before the break in stocks reversed the market. Corn followed wheat and closed irregularly higher. Oats were less quick to react, holding a part of the advance. At the close wheat was % cent lower to % cent higher, corn was unchanged to ** cent higher and oats were % to % cent higher. Provisions were sharpiv and unevenly higher. Liverpool advanced steadily and closed 1 to 1 r, 8 cents higher. Reports of private experts showed a winter wheat crops on the way ranging in volume from 665:000.000 to 693,000.000 bushels compared to 604,000,000 bushels harvested last year and the government's May estimate of $653,000,000 bushels. Cash prices were % to % cent higher. Receipts were 72 cars. Although weather conditions were bearish, corn was aided by the strength in wheat and advanced slowly, gaining % to % cent by mid-session. July got the best support and led during the morning. There were no comments on the crop by the private experts as it is too early to judge conditions. Cash prices were to 1 cent higher. Receipts were 42 cars. Oats partook of the strength in other grains and stood % to :i h cent higher et mid-morning. Trade was light and uninteresting. Cash prices were U to % cent higher. Receipts were 4 cars.

MOTION PICTURES Jail (iati fjg A| ■ * Tt 1 zyeSskK 1 WVTII-lkM. ■“Tit-**M i m Nights—Bpl., BOc; Lower Floor, 65c g PrJ u- \ Sta * &JSB \ OAV, ‘" ‘l***\ |\ “IgNIK % iMeLAGLEM I , t: dmu n and LOWE EWoMEN I OF AIL, ,( 0 with El Brenrte!—Greta Nlssrn Added FREE 3 BOBBY JONES „A l iSwi If lin -The Niblick* rARU,M - gg ; JANET GAY NOR In BB "DADDY LONG LEGS” yg with Warner Baxter > H t Paramount’s Mirthfest with ft k Jack Oakie —Mitzi Green £ Btuarj Erwin —Gene Pallette & j F*i.—Richard Dix { N l:( I N LP 55 5o rV ™-- cool JI^NOVARRO Mctro-Goldyicn-Maycr Picture CHARLIE CHASE TALKOMEDY Starting Saturday JOAN CRAWFORD in “LAUGHING SINNERS” ; SHOWING RIALTO V" j i p. m | TERMINAL” ILLINOIS AT MARKET ALL WEEK—REPUTED I’KICE* HtfflrlM I I I mmmmmm Two Complete Features! "IRON MAN” Lew Ayres—Jean Harlow ■ “TODAY” 1 ConradNage^therto^^l