Indianapolis Times, Volume 43, Number 21, Indianapolis, Marion County, 4 June 1931 — Page 12

PAGE 12

CARRIERS ADD FIRM TONE TO STOCK ISSUES Rails, Gold Mining Shares in Front as List Turns Up.

Average Stock Prices

Average of thirty industrials for Wednesday was 130.37. ud 8.67. Average of twenty rails was 70.98, up 4 13. Average of twenty unities was 52.90. ud 3.27. Average of forty bonds was 52.92. ud 3.27. BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 4.—Railroad and gold mining shares came to the forefront on the Stock Exchange today, carriers rising 1 to 4 points. The general list firmed up around noon from early lows with trading under Wednesday’s volume. The market ran into profit-tak-ing after opening slightly above the previous close. There were no particular weak spots and the downtrend was not aggravated by new short selling. Several brokers followed the lead of banks in reducing margin requirements from 25 to 20 per cent, including Hornblower & Weeks, W. E. Hutton, J. H. Brooks fc Cos. and Eastman, Dillon & Cos. Hornblower & Weeks announced they would carry on margin any stock above $5 a share on the New York Stock Exchange. The margin cuts were considered favorable to the market. Another item of importance was word from Europe that a financial panic throughout central Europe had been definitely averted by aid given the Austrian Credit-Anstalt which was now expected to weather the storm. Several favorable statements were made on business. George Eastman reported Eastman Kodak domestic business equal to the 1928 figure and t xport to 1930. Frederick B. Patterf.oi, president of National Cash Register, stated his company’s do-' mcstic orders in May showed “gratifying increase.”

Bank Clearings

INDIANAPOLIS STATEMENT —June 4 Clearings $3,000,000.00 Debits f 6,763.000.00 CHICAGO STATEMENT —June 4 Clearings $73,200,000.00 Balances 6.700,000.00 TREASURY STATEMENT —June 4 Net balances for June 2... .$110,425,400.22 Expenditures 8.112.221.43 Customs rects. month to date 2,416.941.04

New York Curb Market

ißy Thomson Si McKinnon) --June 4 11:30 11:30 Am Com Pwr.. 11%; Midwest U 15% Am Gas Si El.. 53 !Mt Prod 3 1 /, Ark Gas 3%: National Inv .. 3% Brazil Pw & Lt 14%;Newmont Min .. 26% Can Marc 2% Nia Hud Pwr... 10% Cities Scrv ... 10%jPenroad 5% Cord 8% Salt Creek 4>/b Crocker &Wh . B%|Sel Indus 2% Durant Motor.. 34% Shenandoah ... 5 Ford of Can .. 18% Std of Ind 22% Ford of Eng... 11% Std of Ky 16% Fox Theater .. 2%|Trans Air Trans 6% Goldman Sachs Gas (new).. 5% Gulf Oil 45 Un Lt Si Pwr... 19 1 4 Hudson Bay ... 3% Un Verde 5% Humble Oil ... 53 |Ut & Indus .... 5% Ind Pipe 9% Ut Power .... 7% Insull ut 24% ! Vacuum Oil .... 34% Int Pete 9 I

New York Bank Stocks

(By Thomson & McKinnon) —June 3 Bid. Ask. America 40 43 Bankers 81V2 84Va Brooklyn Trust 380 390 Central Hanover 205 210 Chase National 62J4 bqVx Chatham Phoenix National 52'/a 53Vi Chemical 38 40 Citv National t8 l * 71U Corn Exchange 84Va 88V2 Commercial 230 240 Continental 16U 19J* Empire 30 va 42'/a First National 3.175 3.375 Guaranty 415 420 Irvin* 4.7 *2 29 Va Manhattan Ss Cos 66 69 Manufacturers 38 40 New York Trust 130 135 Public _44 47 WRONG. SAYS LESLIE Gaft Law Stand Misinterpreted. Asserts Indiana Governor. Attitude of Governor Harry G. Leslie toward the United States supreme court’s decision on the Minnesota press “gag law" and toward freedom of the press, was misinterpreted in The Times Wednesday, Leslie declared today. Instead of expressing “willingness to suppress any newspaper” as quoted, Governor Leslie’s statement was, he said, that while he was unwilling to be quoted on the supreme court’s decision, he was “for freedom of the press and any newspaper that tells the truth.” VISITORS' DAY SLATED Hundreds Expected to View Exhibits at Manual Friday. Demonstrations and exhibitions of work at Manual Training high school will be viewed by several hundred persons Friday during annual observance of visitors’ day. Foundry, woodshops, art and home economics departments will be open during the day. Programs by pupils will be given in the gymnasium in the afternoon and evening. Dinner will be served visitors in the school cafeteria, followed by a reunion. STAMP CLUB TO MEET Third Annual Tri-State Session Scheduled Here June 13. Stamps of all nations will be on exhibit at the third annual tri-state meeting of the Indiana Stamp Club which will be held June 13 and 14 at the Lockerbie. The exhibit will be displayed by Floyd Shockley and an auction of rare stamps will be hold under direction of H. H. Coburn. The most unusual exhibit will be the winner of the Lockerbie trophy presented by A. W. C. Brumfield. DEG REES TO IBE GIVEN Monument Masonic Lodge to Hold Annual Craftsmans’ Night. Monument Masonic lodge, No. 657, will observe their annual craftsmans’ night, beginning at 4:30 today at the Masonic temple, North and Illinois streets. Exemplification of the master Mason degree will follow a banquet at 6:15. Officers In charge will be Maurice Seiko, worshipful master; George Samson, William R. Bess ftnd Arthur E. Rose.

New York Stocks Bv Thomson Si McKinnon) ——————

—June 4 Railroads— . .. fW. High. Low. 11:30 close, I Atchison 141% 138% 138% I*OS I Atl Coast Line ... .... *#% ! Balt As Ohio 48% 47% 4.* 48% i Chesa Si Ohio.. 32% a2 32% 31% Chesa Corn 35 30 Chi Grt West... *% 4% 4% 4% Chi N West.... 28 27% 2i% 27% CRI&P *O% 30 IV I I Jtf W ~, 49 I Del & Hudson.'.’. 113% ii% i}3% 112% I Great Northern.. 49% 49 49 47% Illinois Central **% 44% Kan City 80 27 MK & T 13% 11% ‘3 }l% Mo Pacific 17 16% 16% 16% Mo Pacific Dfd. .. 53 56% 58 ... N Y Central 77% 75% ‘J NYN H & H.. 68 C7‘* 67% 67 Nor Pacific 36 35 35 34% Norfolk & West.. 150 Pennsylvania ... *6% •% 45% 45% So Pacific 72% 71% <l% 74 Southern Ry 31% 30 30% 31% St Paul 4Vs 4 4 4 St Paul Dfd ••• 6% 6% St L& S F.... 15% 15 15 14 > Union Pacific ... . 146 145 i Wabash 10 10 W Maryland 11 10 Equipments— Am Car Si Fdv 16% 15 Am Locomotive 15% 13% Am Steel Fd.... 14 13% 13% 13% Am Airbrake S ?C% Gen Am Tank 56 06% General Elec .... 39% 38% 39 39% Gen Rv Signal 47% Lima Loco 13% Press Stl Car 3 ... Pullman 34% 33% 33% 33 Westlngh Alrb. 22% 22 22 22 Westlngh Elec . 62 61 61 s , 62% Rubbers— Firestone 16% Fisk Goodrich 9% 9% 9% 10 Goodyear 34% 33% 33% 33% Kelly Sprgfld 1% 1% Lee Rubber 3 U S Rubber.... 11% 11 Motors— Auburn 172 167 167% 180,, Chrysler 15% 14% 15 15% Gardner % Graham Paige 4% 4 General Motors. 34% 34 . 34% 3o Hudson 13% 13 13 12% Hupp 7% <% Mack 27% 26% 26% 2a% Marmon 3% 3% 3% 3% Nash 25% 24% 24% 24% Packard 6% 6% 6% 6% Reo ... 6% 6 Studebaker 17Va 15% 16'a 10% Yellow Truck... 7% 6% 7 6% Motor Access— Bendix Aviation. 16% 16% 16% 16% Borg Warner... 16% 16% 16% is% Briggs 10% 9% 9% 10 Budd Wheel 37% Eaton 10% 9% El Storage B 56% oi Haves Body 2% 2% Houda *% 4% Motor Wheel 9% Sparks-W ••• *% Stewart Warner. 8% 8% 8% 8% Tlmkln Roll 36% 33% 33% 3aVe Mining— ... Am Metals 8% Am Smelt 28% 27% 27% 26% Anaconda Cod... 21% 20% 20% *3 Cal <fe Hecla 5% 5% Cal & Ariz 25;, 8 24% Cerro de Pasco.. .. . 14% 14% Dome Mines 12% 12 12 12% Freeport Texas.. 25% 25 35 25% Granby Corp ‘0 10% Great Nor Ore 19 J? Howe Sound 14% 14% Int Nickel 11% 11 11 12% Inspiration 5 4% Kennecott Cop.. 15Va 15% 10% 15% Magma Cop 11 Miami Copper 4% 5 Nev Cons 7% 7% 7% % Texas Gul Sul.. 32% 32 32 32 U S Smelt . . ■ 13% Oils— Amerada ... .. ■ 16 Atl Refining.... 14 13% 13% 13 Barnsdall 6% 6% 6% , 6% Beacon j* Houston 7 6/a Indian Refining.. .. ... ... 2% Ohio Oil 7Vs 7% 7% 7% Mex Seaboard.. 13% 12% 12% 12% Mid Conti J% ,6% Pan-Amer (B).. .. ... 25 2a PhllllDS 5Ve 5% 6% 5% Pr OH Si Gas.. , ... ... •% Pure Oil 5% 5% 5% 5% Richfield 1% 1 Royal Dutch 26% 26% Shell Un 4% 4% Simms Pt ..• 5% Sinclair 7% 7 7% 6’a Skelly .3/a Standard of Cal 33% 33 Standard of N J 33% 33 33 33% Standard of NY 15 14% 14% 14% Texas Cos 19% 19% 19% 19% Union Oil 17% 16% Steels— Am Roll Mills... 18% 17% 18% 18% Bethlehem 42% 41 Vs 42 42% Byers A M 29% 27 27 28 ,s Cruc Steel 36% 34% 36% 37 Inland 39% Midland 15% i4% 14% 14 Newton ... 7% i% Repub I & 5.... 12% 11% 11% 11/2 U S Steel 89% 87% 87 86% Vanadium 27 26% 26% -7 Youngst S Sc W 17 16 /a Youngst S & T.. .. v . 44 44 Tobaccos — S Am Sumatra • , 6/ Am Tob Anew .. ... 106% 106 Am Tob B new 110 109% 109% 110% Con Cigars 29% General Cigar... .. ... 33 Lig & Myers 8.. 68 66 66 67% Lorillard ••• }4% Phil Morris .. ... • 10 Reynolds Tob.. 4i% 47 47 47 Tob Pr (A) * 11 . Tob Pr (Bi ... 2% l-.s United Clg 4% 4% 4% 4Vs Utilities— _ 3/ Abitibl 3% 3% 3% 3% Adams Exp 3% 3% 3% 11,a Am For Pwr... 25% 24% 24% 24% Am Pwr Si LI.. 35 34 35 35 A T & T 165 163% 163% 165% Col Gas &El 24% 23% 23% 23% Com & Sou 7% 7% 7s El Pwr & Li.. 35 l i 34% 34% 35% Gen Gas (At 4% 4% 4% 4% Inti TANARUS& T 25 x 24% 24% 24 a Natl Pwr Li 23% 23% 23 23 s No Amer C 0.... 63 61% 61% b 2% Pac Gas &El 41% 41% 41% 41% Pub Serv N J.. 79% 78% 78% 79% So Cal Edison.. 41% 39% 40% 39 Std G & E 1.... 60% 58% 58% 60% United Corp .... 20% 20% 20% 20% Ut Pwr & L A.. 21% 21% 21% 21% West Union ....lOii'a 102 Va 102 Va 104% } Am h ln?l il Corp 11% 11% 11% 11V4 Atl Gulf & W I ... 18 Inti Mer M pfd 8% No Gm Lloyd 23 United Fruit % Foods— Am Sugar 44% 44 Armour A .1% Beechnut Pkg 45% Cal Pkg . • • 23 21 •* Can Dry 39% 38 Childs Cos , 13% 19 Coca Cola 133 , 137% 137% 137 Cont Baking A.. 11% 10 s 11% 10% Corn Prod .... 61 59% 59*.a 60% Crrn Wheat -8% -6% Cudahy Pkg ••• 38 Cuban Am Sug ... 46% Gen Foods 46 45% 45% ... Grand Union... 16 15% 16 15% Hershev 89%

Produce Markets

Eggs (country run) —Loss off delivered In Indianapolis. 12c; henery 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 ud. 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 top quality, quoted by Kmgan Si C °Butter (wholesale) —No. 1. 27@28c; No. 2. 25@26c. Butterfat —22c. Chese (wholesale selling price per pound) —American loaf. 22c: pimento loaf, 32c; Wisconsin firsts. 19c; Longhorns. 16c; New York limberger. 30c. NEW YORK. June 4.— Potatoes—Market quiet and easier; Long Island. 51.50®2.25 barrel; southern. $1.75®3.25 per barrel; Maine. [email protected] barrel: Bermuda. ss@7 barrel; Canada. [email protected] barrel. Sweet potatoes—Market, quiet; jersey baskets, 51.90 5j"3.35; southern baskets, $2.75@3. Flour—Market, unsettled and weak: spring patents [email protected] barrel. Pork—Market, quiet: mess $22 barrel. Lard Market, firm: middlcwest spot. ,[email protected] lb. Tal-low-Market. easv; special to extra. 3%® 3%c lb. Dressed poultry—Market, fairly active and easy; turkeys. 25®44c: chickens. 25@37c; broilers. 28..@42c: fowls. 12 ®27c; Long Island ducks, 16@T9c. Live poultry—Market, steady to firm; geese, 10 f>tT2c: ducks. 14®24c: fowls. 21@25c; turkeys. 15@30c; roosters, 13c; broilers. 20® 37c. Cheese—Market, firm; state whole milk, fancy to specials. 12@23c; young Americas. 14@19%c. By United Press CINCINNATI, 0., June 4.—ButterSteady; creamery in tub lots according to score, 20(u 22c; common score discounted 2ii3c; packing stock No. 1. 18c; No. 2, 12c; No. 3 8c; butterfat, 17@19c. Eggs— Steady; cases included: extra firsts, 15%c; firsts. 14%c seconds, 14c; nearby ungraded. 15c. Live poultry—Thin and coarse stock sell only at heavy discount. Fowls. 5 lbs. and over, 18%c; 4 lbs. and over. 18%c; 3 lbs. and over, 18%c; Leghorns, 3 lbs. and over, 15c; roosters. 10%c; broilers, colored, 1 lb. and over, 24c; 1% lbs. and over. 24c: 2 lbs. and over, 27c; partly feathered, 15@20c; Leghorn broilers. 1 lb. and over, 18c; black springers. 20c; 1% lbs. and over, 23c; 2 lbs. and ! over. 24c. By United Press CHICAGO. June 4.—Eggs—Market steady; , receipts 20.270 cases; extra firsts, 16%c; firsts, 16c; current receipts. 15c; seconds, 13' 2C. Butter—Market, unsettled; receipts. 12.499 tubs; extras. 22%c; extra firsts, 21% ‘<t 22c; firsts, 20%@21%c; seconds. 19 j 19%c; standards. 22%e. Poultry—Market about steady; receipts. 3 cars: fowls. 18'j® 19%c: springers. 26c; Leghorns. 16c; ducks, 16c; geese. 12c; turkeys. 20®23e; roosters, 12%c: broilers (2 lbs.). 28c; broilers (under 2 lbs.). 24c: Leghorn broilers. 23c. Cheese —Twins. 12@12%e; Young Americas. 12® 12%c. Potatoes—On track. 194; arrivals. 46; shipments. 1.217; market, dull and steady to firm: Louisiana Bliss triumphs, $1.50® 1.60; Alabama and Texas Triumphs, $1.50® 1.60; Idaho Russets. $1.503’1.60. By United Press CLEVELAND, June 4.—Produce: Butter— Ext-as. 26%c; standards. 26%c; market, weak. Eggs—Extras. 16%c; firsts. 16c; market, steady. Poultry—Heavy fowls. 2lc: medium, 22c* Leghorn fowls. 17c; heavy broilers. 25@32c; Leghorn broilers, 20®26c; ducks. 15@22c; old cocks, 12c; K e *se, 10® 13c; market, steady. Potatoes DM* ° UD 1 mo6tly *1 50@1 80 \%. i '

Jewel Tea ... 39% 40% Kroger . ..... 27 28% 27 37% Nat Biscuit 65 64% 65 65% Plllsburv ... ••• 26’a Purity Bat 28% 23% 28% 37% Safeway St 48% 48% Std Brands 1! 16% Ward Bke V* 3% Drug*— Coty Inc 8% 8% Lambert Cos 65% 62 64% 64 Lehn St Fink 25 25 Industrials— Am Radiator ... 12% 13% 12% 13% Bush Term 20% 20 Certalnteed ~ ... ... 3% Gen Asphalt.... 17% 17 17 1< Lehigh Port 9% Otis Elev 35% 34% 35% 33V. Indus Chems— AllletT Chem ...111% 108% 111% 111% Com Soiv 13% 13% 13% 12% Union Carb ... 47% 46% 47% 47% U 8 Ind Alco. .. ... 30% 29 Retail Stores— Assoc Drv Gds 19 Glmbel Bros 4% 4 Kresge S3 26% 26% May D Store... 32 30% 31% 31% Mont W'ard 18% Penny J C 33 31% 31% 31% Schulte Ret St.. .. ... 6 5% Sear's Roe 50% 49% 50% 50 Woolworth 67% 65% 67% 67% Amusements— Col Graph 7% 7 7 7% Eastman K.)d . 130 126% 127% 124% Fox Film A 16 15% 15% 15% Grigsby Gru 3 2V. 32% Loews Inc 39% 39 39V, 39% Param Fam 22% 22 22% 22% Radio Corn.... 15% 14% 15 15 R-K-O 13% 12% 13 13% Warner Bros 7 6% 7 7% Miscellaneous — City Ice & Fu. 31% Congoleum 9% 9% 9 Vi 9% Am Can 99-4 97% 98% 99% Cont Can 46 45% 45% 46 Curtiss Wr 2% 2% 2% 2%* Gillette S R.... 25% 24% 25% 25% Real Silk 12 11 11 12 Un Arcft 25% 24% 24% 24% Int Harv 41% 40 *4 41V* 41

Net Changes

Bn United Press NEW YORK, June 3.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange follow: Up. Alaska Juneau 19% 1% American Can 99% 6% American Telephone 165% 7% Atchison 140% 6% Auburn -W0 42 Bethlehem Steel ..." 42Vi 3% Byers 28% 4% Consolldyed Gas 90 6% Electric Power . 35% 3% General Electric 39 Vs 3 General Motors 35 3% Gillette 25% 3% International Nickel 12% 2% International Telephone 24% 3 Loew’s Inc 39% 3 Lorillard 14% 1% McKeesport Tin 78% 5Vs Montgomery Ward' 18% 2% Nat Biscuit 65% 5V 4 N Y Central 77 5% North American 62% 4% Paramount 22% 2% Pennsylvania 45% 2% Public Service 79% 6 Radio 15 1% Radio-Keith 12% 1% Sears Roebuck 50 3% Standard Gas 60% 4% Stand Oil N J ....’ 33% 2% Texas Corp 19% 1% Union Carbide 47% 3% United Aircraft 24% 1% United Corp 20% 2% U S Steel 88% 5% Vanadium 27 31/2 Westinghouse El 62% 3% Worthington Pump 44% 5Vi

Local Wagon Wheat

City gral nelevators are paying 64c for No. 1 red wheat and 63c lor No. 1 hard wheat. Chicago Stocks Opening (By James HamlU & Cos.) —June 4 Assoc Tel Util. 23 llnsull 6s 1940... 77y. Bendix Avia .. 16% Midland Untd c 18% Borg Warner... 16'/, Middle west com 15% Cord Corpn ... 9 (Natl Standard.. 26% Conti Chi Cor c 5 Swift &Cos 25'% Conti Chi Cor p 35 |3wift Internatnl 31 Common with E 224 |u S Radio & Tel 16% Chi Securlt 14% Util & Indus c 5% Grigsby Grunow 3% Util & Indus pfd 15% Insull com 24%l Marriage Licenses Louis F. Kirch. 23. of 733 Sanders street, stockman, and Marie C. Bray, 21. oi 903 Sanders street. Charles F. Alhand. 25. of 526 Terrace avenue, clerk, and Lorene M. Staab, 25, of 402 East Raymond street, stenographer. Robert F. Flanegin. 24. of 1326 Central avenue, teacher, and Nancy Lee Harris. 22. of 1328 Central avenue. Paul Howard Burget, 27. of 3640 North Meridian street, salesman, and Marjorie E. Attkisson, 22. of 45 West Fall Creek boulevard. Leonard Sawyers. 21. of Ft. Benjamin Harrison, cook, and Lola May Madison. 25. of 727 East Ohio street, housekeeper. Herbert Hatfield, 35. Ft. Benjamin Harrison. soldier, and Olive iPruitt. 38. of 916 East St. Clair street, waitress. Eldon Roscoe Arnold. 23. of 60 North Tremont avenue, salesman, and Ethel Mae Hedges. 19. of 60 North Tremont avenue, sslcslsdy George W. Phillips. 19. of 412 Raymond street, pump operator, and Adeline Barlow. 16. of 1725 Minnesota street. Luther T. Muse. 53, Indianapolis, police officer, and Addle Stlcke’.man. 53, of 655 East Forty-second street, housekeeper. Frank F. Fleser, 23. of 222 North Grant street, salesman, and Marie Oltean. 13. of 535 West Pearl street. Paul J. Richardson. 24. of 919 Vi North New Jersey street, clerk, and Louise Featherstone. 19. of 5940 Broadway, silk worker. Richard C. Baker. 27. of 1938 Central avenue. Industrial banker, and Corinne B. Scherf. 26. of 3328 East New York street, bookkeeper. Births Girls Thomas and Louise Harp, 407 North Pine. Leo and Mary Anderson, Coleman hospital. Gayle and Mary Baker, Coleman hospital. Claude and Vivian Harkins, Coleman hospital. Charlton and Flora Hostetler, Coleman hospital. David and Julia Konold, Coleman hospital. Forset and Bessie Shlppey, Coleman hospital. Luther and Charlotte Spencer, 819 South Sheffield. William and Louise Brown. 2024 Jones. Harold and Helen Walter, St. Vincent’s hospital. Leo and Clara Seifert, St. Vincent’s hospital. Fredrick and Evelyn Stocker. St. Vincent’s hospital. Peter and Mary Murt, St. Vincent’s hospital. Boys George and Mildred Wakeland, 1416 West Twenty-seventh. Ernest and Ona Klinge. 6076 Dewey. Roy and Lillian Gray, Coleman hospital. Rolla and Sylvia Thompson, 3729 Whittier Place. John and Agatha Cairns, St. Vincent’s hospital. Stanley end Leone Tullsen, St. Vincent’s hospital. Carl and Margaret Thinnes, St. Vincent’s hospital. Alvin and Ruth Burman, St. Vincent’s hospital. Thomas and Katherine Quinn. St. Vincent’s hospital. Svril and Josephine Ahlefeld, St. Vincent’s hosiptal. Edwin and Virginia Weir, St. Vincent’s hospital Deaths Matilda Kemp. 78. Methodist hospital, carcinoma. Williamson M. Ring. 80. 115 South Butler. acute dilatation of heart. Francis H. McCoy. 67. 1835 North Delaware. broncho pneumonia. Earl Huff. 17. city hospital, fractured skull. John McCluskey. 57, city hospital, cerebral hemorrhage. George M. Wagoner, 77. 1110 Church, cerebrsl hemorrhage. Lida J. Torrence. 91. 2108 North Alabama. chronic myocarditis. Christena Moldthan, 78, city hospital, cerebral hemorrhage. Oletha Revard. 72. 2424 College, acute dilatation of heart. Caroline Townsend, 63, 1434 Orange, arteriosclerosis. Sallie E. Shvrock. 65. city hospital, acute mvocarditis. Katherine Ethel Neidhamer. 1 day, city hospital. lobar pneumonia. Edvard O. Johnston. 73. 312 East Seventeenth. angina pectoris. Jane E. Sines. 20. Methodist hospital, cerebral embolism. Building Permits Blue Valiev Creamery Company, elevator. 60 North West. $1,500. Coca-Cole Bottling Company, elevator, 360 Massachusetts. $1,600. General Outdoor Advertising Company, sign. 819 Indiana. $450. General Outdoor Advertising Company, sign .966 East Waashington. S3OO. P. J. Rvan. cut off front of building. 139-43 West Sixteenth. SSOO. INSTALL SHOE SERVICE Win. H. Block Company Locates New Repair Department in Annex. Installation of a modem shoe repairing service was announced today by the William H. Block Company. Located conveniently on the main floor annex, fronting on Market street, the new repair shop is equipped with seats for those who wish to wait while their work is being done. * ✓

THE INDIANAPOLIS TIMES

PORKERS MAKE FURTHER GAINS AT CITY YARDS Cattle Fairly Active and Fully Steady; Sheep Weaken. May Bulk Early Top Receipts 27. $6.05® 6.40 $6.40 8.000 28. 5.905? 6.20 6 20 6,500 29. 5.951& 6.30 6.30 4,000 June 1. 6.00® 6.25 6 36 7.500 i 2. 6.00® 6.25 6.25 6.000 3. 6.00® 6 25 6.25 7.000 i 4 6.10® 6.35 6.35 6,000 Renewed confidence in the near i future was expressed in the swine market at the city yards this mom- | ing when prices moved up fractionally in a continuation of the recent stronger trend. All classes were 1 generally up 10 cents. The bulk, | 140 to 300 pounds, sold for $6.10 to i $6.35; early top holding at $6.35. Re- : ceipts were estimated at 6,000; hold- ; overs 278. Cattle were fairly active and fully steady. Receipts numbered 700. i Vealers held unchanged at $8 down. Calf receipts were 800. Sheep showed the only weak trend I at the yards, prices holding around 50 cents under previous day’s quotations. The bulk of lambs made the market at $8 to $9.50 with pne small lot making a top price of $lO. Chicago hog receipts were 21,000. including 6,000 direct. Holdovers, 4,000. Mostly early bids and few sales around steady to 10 cents higher than Wednesday’s average. Good to choice hogs weighing 180 to 220 pounds were bid in at $6.20 to $6.30. Few heavy weights from 260 to 280 pounds sold for $6.10, while 350 pounders were bid at $5.75. Cattle receipts were 6.500. Calves, 300, and strong. Sheep receipts were 14,000, and steady.

HOGS Receipts, 6,000; market, steady. —Light Lights—-(l4o-760) Good and choice $ 6.10® 6.25 —Light Weights—-(l6o-180) Good and choice.... 6.35 (180-200) Good and choice.... 6.35 —Medium Weights—-(2oo-220) Good and choice.... 6.35 (230-260) Medium and good 6.25® 6.30 —Heavy-Weights—-(2so-290) Medium and good., 6.10® 6.25 (250-290) Medium and g00d... 5.95® 6.10 —Packing Sows—-(27s-500) Medium and g00d... 4.25® 5.25 (110-120) Slaughter pigs 6.00® 6.10 CATTLE (Slaughter Class) Receipts, 700; market, steady. „ , . —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® 6.25 —Heifers—- „ J (500-850) 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 beefs 3.50® 4.25 Cutter, common and medium.. 2.25® 3.50 CALVES AND VEALERS Receipts. 800; market, steady. —Vealers— Good and choice $ 7.50® 8.00 Medium 5.50® 7.50 Cull and medium 3.00® 5.50 —Calves— (250-300) Good and medium 3.00® 7.C0 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, 1,200; market, steady. Good and choice $ [email protected] Common and medium 5.50® 8.00 Cull and common 1.75® 2.50 Cull and common I.oo® 1.75 Other Livestock By United Press CHICAGO. June 4. —flogs— Receipts, 21 - 000. including 6.00 C direct: active, mostly 5® 10c higher; heavies. 10®20c up: light lights steady; packing sows 10®20c higher; bulk 180-260 lbs.. [email protected]; top 56.35; 270-370 lbs., [email protected]; pigs, $5.75®6.10: light lights to $6.25: packing sows. $4.90 @5.35; light lights. 140-160 lbs., good and cnoice. [email protected]: lightweights. 160-200 lbs., good and choice. $6.10®6.35; medium 200-250 lbs., good and choice. $6.15 ®6.35; heavyweights, 250-350 lbs., good ond choice, [email protected]: packing sows. 275500 lbs., medium and good. [email protected]; slaughter pigs, 100-130 lbs., good and choice. $5.75®6.10. Cattle—Receipts. 6,500; calves, 3 000; light yearlings strong to 25c higner; butcher heifers and most other grades fat ,she-stock sharing advance, but medium weight and weighty steers barely steady; yearling heifers up to $8.25; best long yearling steers. $8.50; killing quality weighty steers plainer; bulk all steers and yearlings, .s7@B; slaughter cattle and vealers; Steers. 600-900 lbs., good and choice. [email protected]: 900-1,100 lbs., good and choice. [email protected]: 1.100-1.300 lbs., good and choice. [email protected]: 1,300-1.500 lbs. good and choice. 56.50®8.25; 600-1,300 lbs.! common and medium. $5.50®7; heifers. 550-850 lbs., good and choice. $7®8.25; common and medium, ss@7; cows, good and choice, [email protected]; common and medium. [email protected] cutter and cutter cows. $2.50@4; bulls (yearlings excluded), good and choice (beei). $3. [email protected]; cutter to medium. s3® ♦ sealers (milk fed), good and choice, $8®9.50; medium. $6.50®8; cull and common. $5®6.50; stocker and feeder cattle: sO °-1,0->O lbs., good and choice. $6 @7.25; common and medium, $4.75®6. Sheep—Receipts, 14,004); 25c to mostly 50c lower; rairly active at decline; desirable ? atlv ?„ ®?' e and wether lambs. $8.50@,9.50: few, $9.75; Idahoes. [email protected]; choice yearlmgs, $8.10; slaughter sheep and lambs: Lanjbs. 90 lbs. down, good and choice. $8.50 @10.35; medium. 57.50®8.50; all weights common. [email protected]; ewes, 90-150 lbs., medium to choice. $1.50®2.75; all weights cull and common. $1®1.75

By Times Special LOUISVILLE. Ky.. June 4.—Hogs Receipts, 400; market 5c higher; 225 lbs up $5.6a: 165-225„1b5., $6.20; 130-165 lbs.. $5.55130 lbs. down. 54.90; roughs. [email protected]; stags. 52.40. Cattle—Receipts, 300; market slow; steady, prime heavy steers. $6 @7; heavy shipping steers. $5.50®6; medium and plain steers, [email protected]; fat heifers. $6®7.50; common to medium heifers. s4@ 6; good to choice cows. 53.50®4.50; medium to good cows. [email protected]; cutters. $2.25® 2.7a; canners. [email protected]; bulls. s3@4; feeders. s6®7; Stockers, [email protected]. Calves —Receipts. 300; market steady; good to choice. $6®6.50; fancy. $7; outs. $5 down. Sheep—Receipts. 2.000; market prospects 2ac lower. Wednesday’s shimpents: Cattle none; calves. 105; hogs, none; sheep. 1,927. By United Press , Jtine 4.—Hogs—Receipts. l.oOO; holdover. 138: most desirable weights. 10c higher; others, steady; 160210 lbs.. 56.60: 220-250 lbs.. $6.40; '260-300 lbs. and pigs. $6.25. Cattle—Receipts. 150; steers and bulls, fully steady; load common lights, steers, S6; sausage bulls, 53.50 @4.50: cows. sow. some inbetween kinds, 25c lower; low cutter to good offerings, $2.50®4.a0: according to kind. Calves— Receipts. 500; steady; light and handyweight" vealers, $8.50@9: heavies and plainer light kinds. s7@B; onlv scattered culls, down to $6 and under. Sheep—Receipts. 500; lambs, weak to unevenly lower; nearly good kinds $lO downward; culls as low as $6: plain yearlings. $7. By United Press EAST ST. LOUIS. 111.. June 4 Hogs— Receipts. 9,500; market, active with exception of pig stuff; generally 10c higher than Wednesday; top. $6.30; bulk. 160-230 lbs.. [email protected]; 240-260 lbs.. [email protected]; 150 lbs. down. [email protected]; sows, largely 54.65@5. Cattle —Receipts. 1,500; calves, receipts 1,000; market, steers about steady a few 57.10®7.50; mixed yearlings ana heifers active, steady to strong; vealers 25c higher at $8.50: other classes unchanged: fat mixed yearlings and heifers. s7@B; cows. 53.75®4.50; low cutters. [email protected]: medium bulls. $3.75 down. Sheep—Receipts 3.500; market, no early sales: packers bidding unevenly lower. , By United Press June 4.—Hogs—Receipts, 2.300: heldover none; fairly active; mostlv 5c higher; spots up more on odd lots weighty butchers; light lights. 10c higher; sows steady, better grade 170-225 lbs largely $6.55: some 230 to around 260 lbs.' [email protected]; 275-290 lbs., quotable s6@6 15: 120-150 lbs., mostly $6.10; sows $4.25 to mostly $4.50: a few smooth lightweights. $4.75. Cattle—Receipts. 225; calves. 300; not enough steers or heifers to make a market; undertone on these strong: odd lots medium to good heifers somewhat higher at $7: other classes steady: beef cows. [email protected]; low cutters and cutter cows. [email protected]: bulls. S3@4: a few. $3 50vealers steady to strong: good to choice. S7@B: mostlv $7.50 up; lower grades, $7 down. Sheep—Receipts. 2.000: lambs week to mostly 50c lower; bulk better grades. $9; choice ewe and wether offerings upward to $9.50; common and medium, s6®B: most throwouts. $6.50®7.50: bulk lambs around SI or more below quotations: sheep steady; fat ewes, *150#2; lightweights quotable S3>Mj

BELIEVE IT ob NOT

A <P\p !■■ | *®waa7ra?^^Ssfejr**-# defeat sy UtfhEBSITY OF SQUTHE&f CALIFOerfAS rooraALL TEAM =a ~ ’ \ 6t? DISGUSTED MB. CL4UQE AMTTHEW& OF OAKLAND CALIF , THERE IS A \ *sls oCA THAT HE DESERTED H/S RADIO At/D FAMILY. PHYSICIAN IN \ _____ j PATERSON . Nl \ R *'

Dow-Jones Summary

Copper Exporters Inc. reduces price of export copper to 8.275 cents a pound, CIF European ports, off Va cents. Bank of England statement as of June 4, shows circulation 356,370,000 pounds, against 354,859,000 pounds on May 28, ratio 50 1-10 per cent, against 53 9-10 per cent, and bullion 152.934,000 pounds, against 152,078.000 pounds. Allis-Chalmers Manufacturing Company orders as of May 31. totaled $9,813,000, against $10,972,000 at the end of April. Bank of England made no change in rediscount at 214 per cent. May power output of Toledo Edison Company totaled 39,644,657 kwh, an increase of 1 8-10 per cent over April. Montgomery Ward & Cos. May sales $lB,547,245, against $25,050,304 in May, 1930, an decrease of 25 9-10 per cent. Five months $88,572,030. against $106,195,803. a decrease of 16 1-10 per cent. W. T. Grant Company May sales $6,605,996. against $6,152,588 in May, 1930, an increase of 7 3-10 per cent. Five months $26,799,109, against $24,543,585. an Increase of 9 1-10 per cent. New York cables opened in London at 4.86 11-16. against 4.86 21-32; Paris, checks at 124.21; Amsterdam. 12.09; Italy. 92,978; Berlin. 20.495. Cream of Wheat Corporation declared an extra dividend of 25 cents, and a regular quarterly dividend of 50 cents, both payable July 1, of record June 20. Public National Bank and Trust Company reduces margin requirements on Street brokers’ loans to 20 per cent from 25 per cent,* Tri-Continental Corporation declared a regular quarterly dividend of $1.50 on 6 per cent cumulative preferred stock, payable July 1. of record June 16. Bank of France statement as of May 29 shows gold 55,364,000,000 francs, against 55.632.000,000. on May 22 circulation 78,185.000.000 francs, against 76,825.000,000, and ratio 55.20 per cent against 55.86 per cent. American Cigar omits $1.50 quarterly preferred dividend due at this time. Tide Water Oil Company declared a dividend of 15 cents on common stock. Previously paid 20 cents quarterly.

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 13 NOON C. S. T. —June 4 Bid. Ask. Amer Founder’s Corp com 2 3 A 2 Vi Am & Gen Sec A 13 Am Inv Trust Shares 4'i 5 Basic Industry Shares 4?-4 s'i Corporate Trust Shares .... 4 5 e Cumulative Tr Sh 5Vs 6 3 a Diversified Trustee Shares A.. 13Vi ... First American Corp 6 3 i 7*i Fixed Trust Oil Shares 3V* 4Va Fixed Trust S hares A 12Va ... Inv Trust N Y 5>2 6V a Leaders of Industry Series A.. 6 3 ,* .. • Nation Wide Securities 5 1 * 5 3 i National Industry Shares.... 4* 3 5Vb N Am Trust Shares 4*4 5Vs Sel Am Shares 4 3 /8 4Vb Shawmut Bank Inv Trust... 7 10 Universal Trust Shares .... 4 3 i 5H Super Corp of Am Tr Sh. A.. 5*4 5 3 i Fundamental Tr Sh A 5 Vi' 6 Fundamental Tr Sh B 6 ora U S Elec LI & Pwr A 27 23 Other Livestock By Times Special EAST BUFFALO. June 4.—Hogs on sale. 1,200: fairly active and uneven, mostly 15c to 25c higher on 210 lbs. and down, bulk. 160-210 lbs.. $6.60®6<.75; heavier weights, slow steers. 230-260 lbs.. $6.10@ 6.50: Pigs, steady at [email protected]: packing sows. $4.25® 4.75. Cattle —Receipts, 75; no steers offered, butter cows steady at s2® 3.50. Calves —Receipts. 400: vealers, weak to 50c lower: good to choice. $7.50®9; common and medium. s4@7. Sheep—Receipts. 1.600: lambs. 25c to 50c lower; best Kentucky lambs, $11: others. $10®10.75; throwouts. S7®9: sheep, scarce and weak, few shorn ewes. $1.50@3. By United Press PITTSBURGH. June 4.—Hogs—Receipts, 1,500: market, slow, 10'ff20c lower: 140200 lbs.. $6.25®6.40; 240-280 lbs., $5.85® 6.10; 100-130 lbs., $6.15®6.40; packing sows about steady at [email protected]. Cattle —Receipts, 10; market, nominally steady. Caives—Receipts. 125; market, steady to weak: good and choice vealers, $7.50@9; common and medium, s4®7. Sheep—Receipts, 500: lambs steady to weak; choice handyweights, $10®10.50; bulk, s9@lo. By United Press TOLEDO. June 4.—Hogs—Receipts, 400; market, steady to 5c higher: heavies, $5.50 ®5.75; mediums, $5.85®6.10; Yorkers, $5.75 ® 6. Cattle —Receipts. light; market, steady. Calves—Receipts, liberal; market, steady. Sheep—Receipts, light; market, slow. y New York Liberty Bonds —June 3 —■ 3>is r 102.18 Ist V.s 104.11 4th 4>,s 104.27 Treasury 4(4s 114.2 Treasury 4s 109.8 Treasury 3 3 *sos 47 103.4 Treasury 3 3 is of ’43 102.24 RAW SUGAR PRICES —June 3 High. Low. Close. January 1.34 1.31 1.34 March 1.40 1.38 1.40 May 1.47 1,47 1.47 July 1.16 M 2 1.16 September 1.24 1.21 1.24 December 1.33 1 29 1.32 NEW YORK COFFEE RANGE —June 3 High. Low. Close. March 6.39 6.27 6.27 May 6.42 6.30 6.30 July 6.10 5.95 5.98 September .... 6.22 6.12 6.13 December 645 $.23 644

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,” which appeared in Wednesday’s Times: The Long Time Required to Become a Duodecillionaire A duodecillion is 1 followed by 39 ciphers. At the rate of $1,000,000 a second, a learly income would be $31,536,000,000,000. This figure divided into a duodecillion shows that it would take 31,709,791,983,764,586,504,312,531 years to become a duodecillionaire. Against the Law to Own an Encyclopedia Britannica in Texas— Section 24 of the Texas state intoxicating liquor prohibition law states: “That it shall be unlawful to advertise, sell, deliver or possess any preparation, compound or table from which intoxicating liquor as a beverage is made, or any formulas, directions or recipes for making intoxicating liquors for beverage purposes.” The encyclopedia contains complete formulas for the manufacture of intoxicating liquors for beverage purposes, devoting several pages to the subject. Friday: “A Great City That Had No Movie House.” NURSES WILL GRADUATE Class of 21 in Commencement at City Hospital School. Twenty-four nurses will be graduated from the Indianapolis city hospital school of nursing at commencement exercises to be held at 8 tonight in the hospital auditorium. Merle N. Sidener, school board member, will make the commencement address.

BOTTOM REACHED, IS BELIEF OF BANKERS

BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 4.—The stock market community today was discussing the turn in the market Wednesday when the list moved up in the most spirited style since Oct. 1, 1930. The rally that added $3,000,000.000 to a sadly depleted market valuation of all shares listed was expected to continue for a time today, but beyond that predictions were lacking. Wednesday's rally was foreshadowed to some extent by the improved resistance shown Tuesday. It was hastened by reduction in margin requirements by leading New York and Boston banks. Observers were agreed that the rally must go considerably further before any real conclusions of its stability can be drawn. The rise generally was regarded as a technical advance, and one apt to be followed by a severe secondary reaction. The fact that short covering was rather heavy reduced the cushion of resistance on the downside and impaired the technical position. The reduction in margin requirements by some banks was interpreted variously. In some quarters it was taken to mean that the banks had come to the conclusion the market was reaching bottom and that the new rate were conservative. Back in 1929 when stocks were soaring to hitherto unreached heights, bankers were doing the reverse, namely marking up the margin requirements on all stocks. The reduction in the margin requirements for street loans now is 20 per cent, against 25 per cent previously. That means for every

James T. Hamill & Company Private Wire* to All Leading Market* (ndlanapoll* MEMBERS Chicago Stock Exchange Chicago Board of Trade I ndlanapoll* Board of Trade Associated New York Cnrb 203 Continental Bank Bldg. Tel alley 5493 Riley 5494

Kv Registered 0. 8. I_# Y Patent Offica RIPLEY

The City in Brief

FRIDAY EVENTS South Meridian Street Civic Club, 8 O. m., 1830 South Meridian street. Osteopths, 6:30 p. m.. Spink-Arms. Exchange Club, luncheon. Lincoln. Optimist Club, luncheon. ClaypooL Altrusa Club. luncheon, Columbia Club. Phi Delta Theta, luncheon. Chamber of Commerce. First Ward Republican Club, 8 p. in., Clark’s hall. Master Painters’ Association, luncheon. Antlers. Indianapolis Round Table, luncheon, Lincoln. Delta Tau Delta, luncheon, Columbia Club. Delta Chi. luncheon, Spink-Arms. An exhibition of life drawings, pastels, water colors and oils, the work of art students of Taflinger studio classes, will be held at L. S. Ayres, eighth floor, beginning next Tuesday and continuing for a week. The gallery will be open only during store hours. Exchange Club members and their families on Friday night will attend dinner at the Lincoln, followed by a theater party at English’s. W. Earl Auniann of St. Louis, advertising manager of the Weil Clothing Company, and former Indianapolis resident, spoke on “When Everything Is Right—Advertise,” at the Advertising Club meeting today at the Columbia Club. Invalid Man Robbed HAMMOND, Ind., June 4.—George Schubert, 70, an invalid, was robbed in his home of $lO and anew billfold. He encountered a robber when he opened a door in answer to knocking.

SI,OOO of stock of recognized merit put up, the bank will advance SBOO Previously the advance would have been $750. Another hitch in the margin ruling. is the vast number of stocks selling below $lO a share. There are now more than five hundred active common stocks selling at an average of less than $lO a share. Seme banks will not advance money on stocks under $lO. Those that do impose a penalty such as reducing the price say of an $8 stock to $7 and lending on the $7 basis. Approach of the summer months leads to the belief the market will not set off on a prolonged rising movement. There are still traders who believe prices will be forced much lower in a secondary reaction, steady around the lows and more irregularly in quiet turnover during the summer with a substantial upturn in late August.

We buy and sell U S Liberty Loan Bonds U S Treasury Certificates U S Insular and Territorial Bonds Indiana Municipal Bonds Indiana Grave) Road Bonds Federal Farm Loan Bonds Joint Stock Land Bank Bonds Fletcher American Company 41 North Pennsylvania Street Affiliated with The Fletcher American National Bank

-JUNE 4, 1931

WHEAT SHOWS FIRM TONE ON LACK OF RAIN Shorts Hesitate to Press Market After Recent i Severe Break. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. June 4. Wheat opened higher on the Board of Trade today on scattered buying, with little wheat offered for sale. Strong cables and.*a better tone in stocks combined with the continued drought in the northwest to inspire confidence. Shorts hesitate to press the market after the severe break of Wednesday. Corn was around steady, the favorable weather acting as a drag on the market. Oats were firm with wheat. At the opening wheat was % to ?s cent higher, with June ’s to ! S cent off. Corn was unchanged to % cent higher and oats were N cent up. Provisions were slow and weak. Rains Are Needed Liverpool was about as expected . and showed unchanged to % cent j lower at midafternoon. Wheat j operators expressed the belief that ; the downward readjustment Wednesday put the market in better shape to respond to natural influences now that the farm board appears to have stepped out of the j situation. ! The better tone in stocks also is encouraging. Weather over the | Canadian and American northwest : remains a potent influence and that ! area went without precipitation : again last night. • July Cora Tight July com continues to act tight j and shorts in that month are nervl ous over the light receipts of old corn with which to fill contracts. ! Not much increase in arrivals is ! noted despite the fact that planting > is virtually complete. Weather over the belt Is fine for germination and growth. Action in oats is rather light and events in the wheat pit and stocks overshadow all other conditions. There is a fair cash demand, but buyers are pursuing a hand to mouth attitude waiting for lower prices that may or may not develop, Chicago Grain Table —June 4 WHEAT- prev close - close! JUI>.. .07*4 .57% .56% 58 3 4 Sept.. .57 .59*4 .56 7 * !59Vi 56 3 ! Dec... -60’* .62 7 * .60 3 b ,62 3 4 ,60*4 June.. .60*2 .66 3 b •64 l -4 .6S 3 66'* CORN— July., .57 .57 Vi .56** S7V„ ®cpt.. .52*8 ,53 3 4 .52' 2 53 1 i .52 1 * Dec... ,46 5 /8 .47 7 e .46*2 .47*2 46 5 * OATS— July.. ,26ys .26 Vi .26 .26Vi 26 Sept., ,26'i .26*8 ,26 3 i .26 7 s ,26 3 Dec... .29 .29*2 ,28 7 8 .29* 2 28 7 RYE— July.. .38V* .37V , b .36*8 .37 3 i .36* < Sept.. ,3i a 4 .39 3 * .37 3 4 ,39 3 s .37'* Dec... .41 .43*4 .40 7 'a .43’ 4 ,40 3 t LARD— July.. 7.65 7.82 7.65 7.82 762 Sept.. 7.70 7.92 7.70 7.92 7^77 Oct... 7.65 7.90 7.65 790 772 BELLIES— July.. 8.35 8.30 8.33 8.35 8.25 Sept.'! 8.65 8.67 8.65 !167 (L4O By Times Special 4 —Carlots: Wheat. 53; corn. 81. oats, 16; rye. 3. and barley. 2. By United Press CHICAGO. June 4.—Cash grain close: Wheat—No. 1 red. 78c; No. 1 njixed, 7£.\ £,°- r r n 1 — No : t 2 mixed 55 3 4C: No. 1 yellow. 5S @56*20; No. 2 yellow. 55 3 4'3'56'.'2c; No. 3 yellow. 55Vi@55Vic; No. 4 yellow. 54Vic; No. 5 yellow. 54V4C; No. 6 yellow, 53 3 ,4®55*-c' No. 2 White, 57 3 i <ti 58c; No. 6 white 53Vjc; Sample Grade, Oats—No. 2 white. 2. 3 4c: No 3 white. 26g2~' ;C . Rye—None. Barley— 53c. TimotKy Clover—slo.7s@ 17.75. By United Press TOLEDO. June 4.—Close: Grain cn track 28Vic rate. Wheat—No. 2 red. 73?i <4c; No 1 red 1 cent premium. Corn No. 2 yellcvv, 56Vig,57*/ic; No. 3 rellow, £5 W.56c Oats—No. 2 vjhite. 28>i<529-ic; No. 3 wnlta, 27Vi(f5'28'ic. Clover—Domestic prime old. $13.<5: prime new. sl4; prime choice new. $14.25: prime choice old. sl4; October sl4: December. $14.25. Alstke l Cash, sl4. Butter—Fancy creamery 27>i> 28c. Eggs—Country run. 154116 c. Ha • Timothy, pew cwt.. $1.25. STOCK ISSUE SOUGHT Insull Would Offer 55,0C0 Shares of Preferred Securities. A petition was filed with the public service commission today by the Public Service Company of Indiana, an Insull concern, seeking permission to issue 55,000 shares of preferred stock. The issue, expected to yield $4,950,000, was sought to reimburse the company's treasury, depleted by the recent purchase of three small companies. In the Air Weather conditions at 9 a. m • Southwest wind, 16 miles an hourtemperature, 72; barometric pressure, 29.93 at sea level; ceiling, 6,000 feet; visibility, 6 miles; field, good.

We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER 703 Fletcher American Building 139 K. Market Bt.