Indianapolis Times, Volume 43, Number 25, Indianapolis, Marion County, 9 June 1931 — Page 14

PAGE 14

RAILS IN LEAD AS SECURITIES MOVE UPWARD Upturn Is Resumed After Slight Irregularity at Opening.

Average Stock Prices

Average ot thirty industrials lor Monday was 135.92, up 6.01. Average ot twenty rails was 74.i1, up .39. Average of twetny utilities was 54 IB up 1.36. Average of forty bonds was 94.51. off 27. BY ELMER C. WALZER United Tress Financial Editor NEW YORK, June 9.—Railroad j shares turned up again today on the Stock Exchange and helped bring j resumption of the rally in the main j body of stocks after a brief perior of irregularity in the early trading. Oils again moved up and utilities were bid up fractions to more than i a point. Steel common reached 93, up 2 7 ! from its low and l a i from the previous close. Industrial leaders made gains ranging to a point or so, while a few special issues such as International Business Machine and McKeesport Tin Plate rose 4 or 5 points. OH Shares Rise The rise in oil shares embraced nearly every issue. Standard of New York was in demand above 16, while Standard of New Jersey and Standard of California firmed up to almost precisely the same levels. Along with the advance in oil company shares were reports that several big companies contemplated a rise in the price of crude oil and gasoline. Wool worth was prominent in the mercantile issues, rising a point to 70 La. Johns Manville was up nearly 2 points in the building material division, while Noranda was a feature of the mining group with a gain of more than a point. Metal Prices lip Considerable attention was attracted by a rise of 50 per cent in the price of Platinum. It was rumored that copper metal would be advanced shortly also and this helped copper shares maintain a firm undertone. Silver metal eased off slightly. Other commodities were mixed. Cotton firmed up with the stock market. but wheat sold off fractionally.

Bank Clearings

INDIANAPOLIS STATEMENT . —June 9 gS $2,887,000 ueous 6,050,000 CHICAGO STATEMENT , —June 9 Balin?A S $70,000,000 Balances 6,900,000 TREASURY STATEMENT „ . . , --June 9 Net balances for June 7 $68,144 091 62 Expenditures 11 544 162 86 Customs rects. month to date 6i572,'467.'55

New York Bank Stocks

(By Thomson A McKinnon) —June 8— Bid. Ask. Brooklyn Trust 395 * 4*o Central Hanover 220 225 Chase National 69% 72 3 4 Chatham Phoenix National... 56'■* 59% Chemical 301,1 41 i/„ City National vp 4 Corn Exchange 93 97 Continental 17% 20'i Empire 42 Va 451/ First National 3 275 3 475 ,a Guaranty [435 ’430 Irving 29% 31 u Manhattan- &Cos 70% 73% Manufacturers 30% 40 ul New York Trust ...134 139 * Public 451; 4 8 1^

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 13 NOON C. S. T. Bid. Ask. Amer Founders Corp Com 3 31; Am & Gen Sec A 13 Am Inv Trust Shares 4Vi - 5 Basic Industry Shares 434 51 Corporate Trust Shares 4 6 # 51; Cumulative Tr Sh 57* e 3 /. Diversified Trustee Shares A. 13 7 i . First American Corp 6 3 * 71/. Fixed Trust Oil Shares 3' 2 4v! Fixed Trust Shares A 12' . Inv Trust NY 6 ’7 Leaders of Industry, series A 6 3 /* . Nation Wide Securities 5 3 / a ‘57;. National Industry Shares .... 4 3 s s' N Am Trust Shares 4 51. Sel Am Shares 43, 471 Shawmut Bank Inv Trust ... 6 8 Universal Trust Shares 4’ 5 3 i Super Corp of Am Tr Sh A... 5' 2 57, Fundamental Tr Sh A s*i flt; Fundamental Tr Sh B 6 flu. U S Elec Li & Pwr A 27 29 Other Livestock By United Press EAST ST. LOUIS. HI.. June 9.-Hogs Receipts, 12,500; market, slow, weak to 10c lower than Monday's best time; top. $6.50; most 150-250 lbs.. $6.5086.55; some medium fleshed kinds. $6.35(6.40; sows largely. $545,5.25. Catile—Receipts, 3 000calves, receipts. 2.500; market, vealers. 25c lower at $8: fat mixed yearlings and heifers, steadv to a shade higher; other classes steadv; market, less active than Monday. A few fed steers. $7.50:88.25; heifers, upward to $8,50: cows. s4@s; low cutters, $2.50(83; top medium bulls. $3.75. Sheep—Receipts. 7.000; market, not established; packers bidding 50c lower at $8 down on lambs; no early sales. By United Press EAST BUFFALO. June 9.—Hogs—Receipts. 1,000: active, largely to shippers unevenly 10850 c higher, weights below 160 lbs. up; bulk desirable 130-250 lbs., 87 10 u 7.15. Cattle—Receipts. 50: steers, firm; common grassers. $6.50: cows unchanged. Calves—Receipts. 400: vealers slow; nearby offerings steadv: others weak to lower; good to choice. $8.5089: grassy kinds. $6.75 <8 < 50. Sheep—Receipts, 600; virtually nothing done in better grade lambs, bidding 25e to mostly 50c lower; few throwouts. $7,5087.75; weighty ewes. $1.50. Marriage Licenses Paul B Bullard. 23. of 1491 Woodlawn avenue, bank clerk, and Dorothy L. Horstman. 24, of 1415 Woodlawn avenue, dressmaker. Rollin W. Curry. 23. of 1458 South Belmont avenue, insurance agent, and Loutlsha Coffev. 18. of 938 North Oriental street. John A. DeGrief. 21. of 5202 North Delaware street, clerk, and EHoise Coppack. 21. of 3559 Central avenue. Oscar Judkins. 50. of 708 Bosart avenue, clerk, and Nellie P. Lee. 47. of 5 South Tuxedo street, nurse. Clarence W. Childers. 55. of 723 DeQuincv street, nostoffice clerk, and Elizabeth M. McArthur. 35. of 3419- East Pratt street saleslady. Carl F. Haussecker. 28. of 351 South Alabama, street, carpenter, and Nina Mochle. 21. of 2755 Washington boulevard, maid. Robert Lockwood. 21. of 4542 Caroline street, presser. and Rubv Marie Hammons. 18. of 2031 Caroline street, clerk. Clarence Christopher Howe, 29. of 2102 North Meridian street, salesman, and Lois Wvlda Withrow. 27. of 2111 North Delaware street. Jacob M. Johnson. 27. of 402 North Dearborn street, bakerv wrapper, and Marv Ellen Prvor. 18. of 1811 North Illinois street, sealer. Carl J. Schnepf. 26. of 1421 Shelbv street, and Thelmf. M. Amann. 26. of 729 Sanders street, stenographer. Elvin McLerran. 19. of 2212 English avenue. inspector, and Svlvia Lee. 19. of 409 South Randolph street. James E. Noblitt. 25. of 3319 East Vermont street, clerk, and Laura A. Carroll. 25. of 140 South Emerson avenue, secretary. Joseph R. Smith. 23. of 239 North Spring street, salesman, and Marv E. Anderson, 22. of 243 North Noble street. Building Permits H S. Wolf. DOrch. 2021 Wilcox *225. Washrlte Laundry, repair building. 1414 Cornell. *3.000. . . Washrlte Leundry. garage and boiler room. 1414 Cornell. $3,000. , Mr. Michell. porch and repair. 447 South East. *4OO. . • jEibler Trucking Company, filling station, 'AI Marttnd&le. *BOO.

New York Stocks <B* Thomson A McKinnon

—June 9 Railroad* — Prev. High. Low. 11.30 close. Atchison 148 147(4 148 145% Balt A Ohio . . 51% 50% 51'* 51 Chesa & Ohio . 33 32V* 33 33 Che3o Corp ..... .. ... 33 Chi Ort West... . ... 5'4 5 Chi N West .... 30 29'% 30 30 jCR I& P 34(4 31'* 1 Del A Hudson 121 i Erie 18 18 i Erie Ist pfd 29 1 Great Northern 50% 1 Illinois Central. 46% 46 46(4 47 I Lou A Nash 70V4 ! M KA T 13*4 13V. 13*4 13 ! Mo Pacific 20 18% IN Y Centra! . 81% 78*4 81% 80'* I NY NH ft H 71% 70 I Norfolk A West 148% ! O & W 9% 9 9 ' Pennsylvania .. 47". 46% 47'. 47 s * Seaboard Air L V* ... So Pacific 76 Southern Ry ... 31% 31 31',* 31*. St Paul 4% 4'* St Paul pfd 7% 7% St L ft s P 17 Union Pacific 152 Wabash n W Maryland 11% Equipment*— 1 Am Car A Fdy. .. ig Am Locomotive. 16 Am Steel Fd 14 13 Gen Am Tank 57*'* 57% General Elec ... 40T4 3914 40% 40% Gen Ry Signal.. .. 52 50' 1 N Y Air Brake 13% Pullman 34'/4 33% 34% 33 s * Westlngh Ar B 23% 23% Westingh Elec.. 67 65% 66% 66 Rubbers— Firestone 101/, Fisk % V Goodrich 12',4 12 12% 12% Goodyear 37 3514 36% 35% Kelly Sprgfld 1% Lee Rubber 3 U S Rubber .... 12% 12'/* i2% 12% Motors— Auburn 178 176 177 176 Chrysler .. .... 17*4 16% 17% 17'% Graham Paige 41, General Motors 35% 35% ‘35% 35% Mack 29% 28 V 4 29% 28’i Marmon 33J 334 Nash 25 24% 25 24% Packard 6% 6% 6% 6% Reo .. 6* ” Studebaker .'. 17% "\i 17% 17% Yellow Truck .. 3% 7% 8 7% Motor Access— Bendix Aviation 16% 16% 16% 16% Borg Warner... 17% 17% 17% 17* SLiV w 10 * 10 10, 9% Campbell Wy .... ... 115; Eaton ‘ Hayes Body "31/. 8 Houda * .. . "5% Motor Wheel in% Sparks W 10 9% 10 9% Stewart Warner 11% 11 11% 10% Timkin Roll .... 35 34% 35 34% Mining— Am Metals 9 9 Am Smelt 36 ’% 30 29% Anaconda Cop. 22% 22 22 % 23 Cal A Hecla 6 Cerro de Pasco.. .. ... ir Dome Mines.... 13% 12% 13 ‘l% Freeport Texas.. 26 25% 26 25*4 Corn .... 11% 11% u % Great Nor Ore,. .. 171,' Howe Sound *. *“ Int Nickel 12% 11% ’i2% 11% Inspiration ri 8 6 2 Kennecott Cop.. 18% 17% 17% 18 Miami Copper .... . 471 New Cons * * * * 01 J ?WS “* * 'jj# # Oil.— * ••• Amerada 151/, Am Republic.... 7% '7 “7 g Atl Refining 14% 141/ Barnsdall 7 6% 6% 7 Beacon , 8 Houston " S Indian Refining 5% Mex Seaboard.... 14% ii% 'i4% 14% Mid Conti 8% 8 & 8% 8% Pan-Amer (B . 27% Phillips 6% 6 6 6 Pr Oil A Gas 9% 9 Pure Oil 6 5% 5% 6 Richfield .. . * 1% Royal Dutch .... 26% 26% 36% 26% item, kv.':::: :: ::: ft; ** IS 1 '.:::::::: * . *' A •* Standard of Cal 36% 36% '36% 36% Standard of N J 35% 35% 35% 35*. Standard of N Y 15% 15% 15*3 15'. Texas Cos 20% 20% 20% 20' U Steels°l 19:?4 185, “ 13:54 19 Am Roll Mills .... ... 17% 177/. Bethlehem 44% 44'/* 44% 45 Byers A M 32 30% 31% 30% Colo Fuel 13% 12 7, 8 . Steel 37% 38'% Inland ... 41 40 Ludlum 10% 10'% Midland * ... 17 16% Newton 8 % Repub I& Si 2 12 U S Steel 91 90% 92% 91% Vanadium 32% 30% 32% 31 % Youngst S A W . i87 4 Youngst S& T 47 , 8 Tobaccos— Am To (Anew) 108 105 Am To (B newj.lll% 109% 111% 110% Lig & Myers 8.. 66 65% 65% 65 Lonllard ....... 14% 14% 14% 14% Reynolds Tob ... 6 ... 49 403 2 United Cig * 4./, '* Utilities— 2 **• Adams Exp 14 Am For Pwr ... 27 26 27 *2RS4 Am Pwr & LI 35 04 A T & T .... ...171% 169% 171% 170% Col Gas &El .. 26% 25V* 26'/* 25% Corn & Sou ... 8% 8 8% 8 El Pwr & L 1.... 34% 33% 34% 34% Gen Gas A .... 5 4% 4% 43? Inti TANARUS& T 25% 25% 25% 25% Natl Pwr & LI.. 25 24% 25 24% No Amer Cos .... 64 62 63% 63% Pac Gas A El.. 43% 42% 433; 431/ Pub Ser N J .... 80% 79% 80% 79% So Cal Edison. 41% 41 41a; 40 Std G* El .... 63 62% 63 60% United Corp ... 21% 21% 21*4 207? UtPwr&LA..22 2 % 22 21% West Union .. .108 107 108 106% snipping— Am Inti Corp ..12*2 1212 V ll; Atl Gulf &WI .. . 1 ,7 4 United Fruit ’53./, 5^ Foods— Am Sug 48 47% 48 Armour A 47/ cai Pkg , ;;; 2 4 * Can Dry 43% 41 43% 401/, Childs Cos 21% 21% 21% 20% Coca Cola ... 140 'i iqqsi Cont Baking A 12 * 11% Corn Prod 65% 63% 65 64% Cudahy Pkg 00 Cuban Am Sug *" SiGen Foods 47% 46% 47% 471! Grand Union ... ' 2 ?2 V 2 gPrshey 92 91V* 92 90 Na? g ßiscuit*:::: 27Ti . 27,/4 g* %% Purity Bak 33% *33 33% 30% Safeway St 51% 51 51 50% Std Brands . Vr7? Ward Bkg Drugs— ■“ Coty Inc 8% 8 8 % 7% Lambert Cos 6 6 3„ 4 Lehn A Fink ...” . 8 ofi/ Industrials— 35 ' 2 Am Radiator ... 13% 12% 13% 12% Bush Term Gen Asphalt ... 22% 2i% *2iai 91 Otis EJev 36% 35% 36% 37 Indus Chems— 2 'fflS ' mfffi.-:::?* * ,SA ;? Retail Store*— 4 Glmbel Bros .... 5 4% 5 4% Kresge s S D 4, 2 May D Store ,2 3 Mont Ward .... 18% is ‘iß% 18% Penny .1 C 32 31% 32 Sears R<3e ..... . 5134 l}u Woolworth .... 70% 69% 70% 69>‘ Amusement*— 8 / - Col Graph 7% 7% 7% 714, Eastman Kod ..132% 130 132% m Fox Film A 17 16% 17 16%

New York Curb Market

(By Thomson A McKinnon) —June 9 11:30. nan BrazU Pw A Lt 14% Midwest U .... 16% g* l ® 3 ** rv •••• M%Nla Hud Pwr... 10% Dord 9 'Niles 13 Elec Bond Sh., 36% Penroad ... ’ 51', Ford of Eng... 11% Balt Creek 4% Fox-Theater ..3 Sel Indus 2% Gulf Oil 44% Std of Ind .... 24% Humble Oil 56 'std of 0hi0.... 40% Insull Ut 25%!Vacuum Oil .... 37' 4 Int Pete IP% Van Camp 5%

Net Changes

By United Press NEW YORK, June 8. —Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Alaska Juneau 19% American Can 102% 4 1 , American Smelting 29% 2 s * American Telephone 170 5 * 3% Auburn 17$ 15 Bethlehem Steel 45 1% Case 14% 4% Consolidated Gas 91% 2*4 Electric Power 34% 2% General Electric 40% 1% General Motors 35 % 1% International Nickel ill* s. Kennecott 18 i% Loew’s. Inc 41% 1% Montgomery Ward 18% 1% National Biscuit 66*4 2% N. Y. Central .80% 2 Paramount 23% l% Public Service 79% 3% Radio 16% 1% Radio Keith 133, 1 Sears Roebuck 5j% 2*l Standard Gas and Electric 60% 1% Standard Oil of Cal 36% 2% Standard Oil. N. J 35% 2'Texas Corporation 20 % Union Carbide 49% 2** United Corporation 20% 1 United States Steel 911* 1% Vanadium 31% i 8 Westlnghouse Electric 66 2** Chicago Stocks Opening (Bv James T. HamUl & Cos.) —June 9 1 Asssoc Tel Ut.. 23% Ins 6’s ’4O 81% Bendix Avia.... 16% Mlddlew Com... 16% Borg Warner... 17% Nat'l Pw ALt 63% Cent So West.. 14% Swift A C 0... 36% j Cord Corpn 9 iSwift Inter.... 32% Con Ch Cp com 4% U 8 R R A Tel 22% Cent Pub ServA 12% Util A Ina com 6 I Commonw Ed ..191 (Util A Ind pfd.. 18 Chao Sec ... 15%'Zenlth Radio.... 2% Grigsby Gnu.. ,I%i

Grigsby Grunow J% 3% 3% 3% Low* Inc 42 41% 41% 41V* Param Fan 23% 23 23% 23 Radio Corn .... 16% 15% 16% 16 R K O 13% 13% 13% 13* Schubert 3% Warner Bros 7 6% 7 6% Miscellaneous— Airway App ... 4% Congoleum 10% 10% 10% 10’* Amer Can 103 101% 103 102% Cont Can 48% 48 48% 48% Curtlas Wr 2% 2% Gillette S R.... 25% 25% 25% 25% Real Silk 10% 9 10% 12 Un Aircraft .... 28% 27 27 26 Int Harv 43 42% 43 41%

Dow-Jones Summary

Louisiana Oil Refining Corporation anft subsidiaries year ended Dec. 31. net loss 61.329.923 after interest, depreciation, depletion, drilling expenses. Tederal taxes, etc., against net profit of $1,508,171. eaual after preferred dividends to 61.05 a share on 1.190.063 common shares in 1929. Lane Bryant. Inc.. May sale* 51.152.891. against $1,872,302 in May. 1930. Five months $7,367,602. against $7,167,798. Sugar melt of United States refiners from Jan. 1 to Mav 30 totaled 1.650.000 long tons, against 1.970.000 tons in Ilk’ period of 1930. Deliveries were 1,460.000 long tons, against 1,755.000. Columbia Pictures Corporation declared a auarterlv dividend of 18*4 cents on common shares, placing stock on a 75-cent annual basis, against $1.50 previously. New York cables opened in London at 4.86 17-32. unenanged; Paris checks. 124.24; Italv, 92.935; Amsterdam. 12.092; Berlin, 20.50. Crude oil output In United States during week ended June 6. averaged 2.473.773 carrels daily, an Increase of 9.576 daily over previous week, according to Oil and Gas Journal. Consolidated Film Industries, Inc., declared a regular ouarterly dividend of 50 cents on preferred stock, payable July 1. of record June 19. Standard Oil Company of New Jersey advances diesel fuel oil 10 cents a barrel at Cristobola. Balboa and St. Thomas, restoring $1.55 price in effect prior to recent cut. Standard Gas and Electric Company declared a regular quarterly dividend of 87',* cents on common stock, payable July 25. of record June 30. Chicago Burlington A Quincy railroad estimated May net operating income at $1,444,000 against $1,097,562 In May. 1930. Five months $8,948,000 against $10,934,417. Bank of Germany as of June 6 shows gold 2,299,000 marks, against $2,390,300 on May 30. Circulation 4,079.200.000. against 4.299,100,000. Ratio of gold and foreign currency to notes. 59.2 per cent, against 59.9 per cent. United States motor gasoline In Chicago bulk rules at 2% cents, with numerous offerings at 2% cents. American Department Stores Corporation May sale* $733,338, against $849,202 in May. 1930. Exchange,. Buffet May sales $451,590 against $555,640 in May. 1930. Phies Winterfifwrt Company year ended April 30. net proiit $174,929 after charges federal taxes, etc., equal to 50 cents a share on 347.511 shares, against $768,458 or $2.33 a share in preceding fiscal year. Peoples Light and Power Corporation twelve months ended April 30. surplus for common dividends $565,515. April automobile financing totaled $113.200,860 on 290.802 cars. In March $92 - 229.964. Year ago $146,880,692 on 347.098 cars. Four months $333,551,279 on 863.315 cars, against $429,911,507 on 1.028.805 cars in like period of 1930. Flour Mills of America, Inc., declared a regular quaretrly dividend of SI on the $8 preferred (A) stock, payable July 1, of record June 15. This places stock on a $4 annual basis, against S8 previously. Novadel-Agene Corporation declared a regular quarterly dividend of $1 on common stock, payable July 1. of record June 20 ;. M. F. Tiernan. president, states consolidated earnings for first four months show an increase of 6.4 per cent over like period of 1930.

Produce Markets

Eggs (countn run)—Loss off delivered in Indianapolis. 12c: hencry auality. No. 1 14c: No. 2. 10c, 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, 8® 9c; ducks, full feathered, fat whites, 9c; geese. 6c. These prices are for No. 1 ton auality. quoted by Kingan & Butter (wholesale)—No. 1. 27<S28c; No. 2. 25@26c. Butterfat—22c. Chese (wholesale selling price per pound) —American loaf, 22c: pimento loaf. 32c; Wisconsin firsts. 19%c: Longhorns. 16V*cNew York Umberger. 30c. By United Press NEW YORK. June o.—Potatoes—Quiet easier; Southern. [email protected]; Maine. [email protected]; Idaho. 15 lbs.. 40@45c’ Bermuda. ss@6; Canada. [email protected]. Sweet potatoes—Market, easier; Jersey baskets. [email protected]: Southern baskets. $1.50®2. Flour —Market, dull, but steady: spring patents. $4.55®4.70. Pork—Market, quiet; mess. $22. Tallow —Market, quiet: special to extra. 3@3%c. Dressed poultry—Market easy; turkeys. 25®44c: chicken.% 25®37c; broilers. 25@41c; fowls. 12@2Vc; Long Islands. 16® 18c. Live poultry—Market weak; geese. 10® 12c: ducks. 14@24c: fowls, 19@21c; turkeys. 15®30c; roosters, 13c; broilers. 20®35c. Cheese—Market, firmer; state w, ole milk, fancy to special. 12 Vi® 23c; Young America. 14®19%c. By United Press CINCINNATI. 0.. June 9. —Butter steady;' creamery in tub lots, according to score, 20@22c; common score discounted, 2®3c: packing stock No. 1,18 c; No. 2. 12; No. 3 8c: butterfat. 17@19c. Eggs—Steady; cases included: extra firsts. 16c; firsts. 14%c: seconds. 14c; nearby ungraded, 15 Vic. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over, 19Vic; O lbs. and over. 19Vic: 3 lbs. ana over. 19Vic; Leghorns. 3 lbs. and over, 15c; roosters. lOVic; broilers, colored, 1 lb and over. 24c; IVi lbs. and over. 25c; 2 lbs. and over. 30c; partly feathered. 15® 20c; Leghorn broilers. 1 lb. and over. 18c; black springers. 20c; 17'% lbs. and over. 23c; 2 lbs. and over. 26c. By United Press CHICAGO, June 9.—Eggs—Market easier: receipts 21,012 cases; extra firsts. 16%c; firsts. 15 3 *c: current receipts. 15c; seconds. 13%c. Butter —Market, steady; receipts. 21.006 tubs: extras. 22c; extra firsts, 21® 21%c; firsts. 20@20%c; seconds. 18@19c; standards. 22 %c. Poultry—Market steady; receipts. 1 car; fowls. 18@19%c; springers. 30c: Leghorns. 15%c; ducks, 18®19c; geese. 19c; turkeys. 20@23c; roosters, 12%c; 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. 265; arrivals. 109; shipments. 540; market steady; Louisiana bliss triumphs, $1.50®1.65; Louisiana sacked Irish cobblers. [email protected]; Texas and Alabama triumphs. [email protected]; Mississippi triumphs. [email protected]; North Carolina, barrels. Irish Cobblers, $2.50®2.65. By United Press CLEVELAND. June 9.—Butter—Extras 26c: standards, 26%c; market easy. Eggs— Extras. 16%c: firsts. 16c: market, easy. Poultry—Heavy fowls. 21c; medium. 22c; Leghorn fowls. 17c: heavy broilers, 25® 32c; Leghorn broilers. 20@26c; ducks. 15® 23c: old cocks. 12c; geese. 10®13c; market, steady. Potatoes—North and South Carolina cobblers mostly 52.75®2.85. few extreme bests. $3.10 per barrel: Louisiana blue triumphs mostly $1.75 per 10-lb. sack. SCHOLAR-BANDIT SHOT Tulane U. Honor Student Near Death After Robbery Attempt. By United Press NEW ORLEANS, June 9.—Trimble E. Winborn, Tulane university honor student, is near death in a hospital here, his spine shattered by a bullet fired by the motorman of a street car he attempted to hold up. Winborn, who was to have been awarded the Theta Nu cup as the best all-round student, at first gave his name as Thomas Carson of EH Paso. Tex., but later confessed his identity when officials at the charity hospital informed him he probably would not live. New York Liberty Bonds —June 8— 3 'fS 102 19 4th 4%s 104.28 Treasury 4%s 114 Treasury 4s 109 9 Treasury 3%s of ’47 703 4 Treasury 3 *is of '43 (March) 102 28

Local Wagon Wheat

City grain elevators are paying 64c for No. I red wheat and€3c for No. i bard wheat. *

THE INDIANAPOLIS TIMES

SELLERS CLIP 35 CENTS OFF j PORKER PRICES Cattle Active With All Classes Strong: Sheep Unchanged. ! June Bulk Ea rly Top Receipts 2. JS.OO'v) 6.25 $6.25 6.000 3. 6.00® 6.25 6.25 7.000 4. 6.10® 6.35 6.35 6.000 5. SYS® 6.45 6.45 5.500 6. 6.25® 6.45 6.45 5.000 8 6.25® 6.45 6.80 5 000 9. 6.25® 6.55 6.55 7.000 Hogs lost part ot reesnt advances this morning at the city stock yards when sellers drove prices down 20 to 35 cents on all classes. The bulk, 140 to 300 pounds, sold for $6.25 to $6.35 with early top holding at $6.35. Receipts were estimated at 7,000; holdovers were 283. Cattle was active with all weighs shpgving a higher trend. Receipts numbered 1,300. Vealers held unchanged at $8 down. Calf receipts were 900. In the sheep market good lambs were mostly $8 to $9, showing a steady trend. A small lot or two made a top of $9.30. Receipts were 1,800. Chicago hog receipts were 22,000, including 3,000 direct. Holdovers, 6,000. Market slow, few early sales and bids 5 to 10 cents lower than Monday’s average. Choice of 200 to 210-pound weights sold at $5.50, while 240 to 150-pounders were bid around $6.35. Choice of 150 to 150pound averages sold at $6.35. Cattle receipts were 7,000. Calves, 3,000, and steady. Sheep receipts were 3,000, and steady. HOGS Receipts, 7,000; market, lower. —Light l ights—-(l4o-160) Good and choice....s 6.25 —Light Weights—-(l6o-180) Good and choice... 6.55 (180-200) Good and choice... 6.55 —Medium Weights—-(2oo-220) Good and choice... 6.55 (220-250) Medium and g00d... 6.45@ 6.55 —Heavy Weights—-(2so-290) Medium and g00d... 6.25® 6.35 (290-350) Medium and g00d... 6.10® 6.25 Packing Sows—-(27s-500) Medium and g00d... 4.25® 5.25 (110-120) Slaughter pigs 6.00® 6.15 CATTLE (Slaughter Class) Receipts, 1,300; market, steady. —Steers— Good and choice" $ 7.00® 8 50 Common and medium 5.50® 7.00 „ J (1.100-1.500) . Good and choice 6.75®* 1 8.20 Medium : 5.75® 6.75 —Heifers—- „ . , (500-850) Good and choice 6.50® 8 25 Common and medium 5,00® 6.50 —Cows— Good and choice 4.50@ 5.50 Common and medium 3.50® 4.50 Low cutters and cutters 2.00® 3.50 —Bulls (yearlings excluded)— Good and choice beefs 3.50® 4.25 ! Cutter, common and medium.. 2.25® 3.50 1 CALVES AND VEALERS Receipts, 900; market, steady. —Vealers— Good and choice $ 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® 750 Common and medium 4.00® 5.50 (800-1,5001 Good and choice 5.75® 7.50 Common and medium 4.00® 5.75 SHEEP AND LAMBS Receipts, 1,800; market, steady. Good and choice $7.50® 9.00 Common and medium o.oo® 7 50 Cull and common 1.75® 2.50 Cull and common I.oo® 1.75 Other Livestock By United Press CHICAGO. June 9.—Hogs—Receipts, 22,000, Including 3.000 direct; active, steady to 10c lower than Monday’s average; heavies and packing sows off most; bulk 170-250 lbs., [email protected]; top, $6.55; few 260-325 lbs.. $6®6.35; 140-170 lbs.. $6.25®6 40; pigs, $6®6.25; packing sows, [email protected];'light, lignts. 140-166 lbs., good and choice. $6.20 @6.45; lightweights. 160-200 lbs., good and choice. [email protected]; medium w'eights. 200250 lbs., good and choice. $6.30®6.55; £f^ v^-ei £ hts - 250-350 lbs., good and choice. [email protected]; packing sows. 275-500 1 bs.. meoium ana good. 54.90®5.60; slaughter Piss. 100-130 lbs., good and choice. s6® 6.35. Cattle—Receipts, 7,000; calves, 3,000; very slow; few yearlings steady early; general market fed steers and yearlings easing off. weak to 25c lower; butcher stock steady; bulls 10@15c higher; vealers strong; fed yearling steers. $8.90; slaughter cattle and vealers: Steers. 600-900 lbs.. good and choice. $7.50®9; 900-1.100 lbs.. good and choice, [email protected]; 1,100-1,300 lbs., good and choice. [email protected]; 1,300„J>>s., good and choice, 56.75®8.50: 3?2'i^ 300 . ib - s - common and medium. $5.50 @7.25; heifers. 550-850 lbs., good and „ c c. [email protected]; common and medium, [email protected]; cows, good and choice. ss® 6.25; common and medium. s4@s; low cutter and cutter cows. $2.50®4; bulls, yearexcluded, good and choice, beef, $4 ®4.50; cutter to medium. [email protected]; vealers. milk fed. good and choice, $8@9. 50; medium. $6.50@8; cull and common. ss@ Stocker and feeder cattle: Steers. 5001.C50 lbs., good and choice, [email protected]; comand medium. ss@6. Sheep—Receipts 8,000; weak to 25c lower; decline largely on lambs; early bulk good and choice natives. [email protected]; best. $9; some held higher; Idahoas unsold; dry fed yearlings s6®7; slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice, [email protected]: medium. $6.75@8; all weights, common, $5 Ibs - medium to choice, [email protected]; all weights, cull and common, [email protected]. By United Press /WAYNE, Ind.. June 9.—Hogs— Market. 10c lower: 100-160 lbs.. $6.15; 160180 lbs.. $6.30; 180-200 lbs., $6.40; 200-230 lbs.. $6.30; 230-260 lbs.. $6.20; 260-300 lbs. $6.1; 300-350 lbs.. $6: roughs. 54.75; stags $3; calves. $7.50: wooled lambs. $7.50; clipped lambs. $7.50; spring lambs. $7.50. By United Press CINCINNATI, June 9. —Hogs—Receipts, 3,200; heidover. rone; slow, about steadybetter grade 170 to 240 lbs. iargeiy $6.85; some 250 to 275 lbs., $6.40®6.75; 300 lbs. quotable around $6.25; 120 to 150 lbs strong to mostly 10c higher; largely $6.50•’ a few $6.40; 60WS steady $4.50 to mostly . .Pattle—Receipts. 300- ca ] Ves> 55tfmost killing classes fully steady to strong common and medium steers and heifers’, s6@7; some better finished kind, $7.50@8; $4.25@5; low cutters and cutters [email protected]: straps weights up to $4 or steac *y to 25c higher; mostly, $4.25 down; a few $4.50; vealers steady good and choice. $7.50@8; lower grades $7 dow-n. Sheep—Receipts. 3,500; better ? air *y active, fully steady at [email protected]; choice ewes wether lambs upward to $9.75: lower grades sJow; common and medium. S6@B; mostly $6.50® ewes $1.50@2; best light weights 04. DU, By Times Special LOinsVTLE. Ky, June 9.—Hogs-Re-ccipts. 1800; market, steady; 225 lbs. up. sh; 95 ’*- 1 *- t ?, n 22 ?i. lbs J’ S6 ’ so: 130 t 0 t® s i bs y S’ 3 - 3 ?: 130 lbs down. $5.20; roughs, fib, 43 ® 4 ’ 4 ?: s ta £s. $2-70. Cattle—Receipts. market, steady; prime heavy steers, s6®,; he*vy shipping steers. $5.50‘@6; meomm and plain steers. $5®5.50; fat heifers. [email protected]; 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. [email protected]; bulls. [email protected]; feeders. S6@7; stockers, [email protected]. Calves —Receipts 300; market, steady; good to choice, 56®6.50; fancy. $7; outs. $a down. Sheep—Receipts. 2.800; market not yet established, prospects steady to strong. Monday s shipments: Cattle. 115; calves 5G3; hogs, 27: sheep. 2,912. By United Press $6.85: 220-250 lbs.. $6.60: 260-300 lbs $6 -*0 down: medium. 250-302-lb. averages. $6.30 £ 6 *A res^ >c H, vely i Dias i S6 - S °: rough sows. 5' at , tle-- ! Rcceip ts. 200; steers, firm at Monday s aovance! fat cows and bulls. 2pc to 50c over week end rate; load light steers. $(.15; grade low and medium: fat cows, upward to $4.50®5: cutter grades strong; oniy she Us. under S3; sausage bulls. $3. [email protected]. Calves—Receipts. 800; active, strong to mostly 50c higher- interest centering on well-placed lightweights at upward to [email protected]: plainer kinds and heavies. s7@B: only culls downward to $6. Sheep—Receipts. 600: near steady; but trade undependable and catchy; only lambs. S9 downward and yearlings. s9® 9.50: lambs cuaiity predominating; scattering $lO. and only small outstanding packages. $10.50: ewes. $3 down; bulk. $1 ®2.50. By Times Special LAFAYETTE. Ind.. June 9.—Hogs— Market, 10@25c lower; 161-225 lbs. $6 30-226-250 lbs.. $6.20; 251-275 lbs.. S6 10- 276300 lbs.. SS; 391-325 lbs.. 55.85: I*l-160 IV $5.75: 121-140 lbs.. $5.65; 100-120 lbs.. 55.50: roughs. $4.75 down; top. calves. $7; top lambs. $7.50. By United Press TOLEDO. June 9.—Hogs— Receipts. 300; market. 160 lbs up. 10c lower: pigs. 25®40c higher: heavies. $5.50® 6; mediums $6 25® 6.40; Yorkers. [email protected]: p;es. $6.25®6 40'. Cattle —Receipts. 50; market steady. Calves —Receipts, light; market, strong to JOc higher. Sheep—Receipts, light; market, •low.

BELIEVE IT OR NOT

V if" i • \ V T. t- • > --j II |IP \ i* Mi*l a ? ‘ ' .> • *' ' fevPffifllPjJj • . > r (rill??!',; Mmn -a -• .r • | v/ lifer- mu* iptjnmu 1 1 •: ±—T r A. ■*-£-? Liz—frrrrrirrA huh ifch vn" v —I nun K—~n^4^i:;-- ;I VinmpT^T ALTHOUGH 250 Miles from The Sev- and A /vor BUILT ON A NAVIGABLE RiVER. OR LAkE §.? ViftNSTbfil'SAL£M,<*c isthe9tL PorTofentry j OF The united states ' ■ ‘ " BEANS A' / 'll ' % P cracked ike slab MI ' , JH V (Mki I -2'n-th.ck |U \-£ ScsL A. DISPENSER. ; —( led ms league cm IS A PHARMACIST IN THE BEEFSTEAK SOLD \ gATTING FOR £ YEARS VJWELAN DRUCiCo.,bloomlielci.N. z/ / f aT? c pound I VJIIH AN AVERAGE OF 1.000 A BSI. Kiss Piaturss Syndicate, loe. ~rrrU Briuln rtahta nttrte^

SIMMONS HEADS TRADE BOARD New Officers Will Take Office July 6. New officers of the Indianapolis Board of Trade who will be installed at the next meeting July 6 are: President, W. Hathaway Simmons, manager of the Bemis Brothers Bag Company; vice-president, John P. Frenzel Jr., and treasurer, Tom Oddy. Directors are Frank D. Stalnaker, Joseph C. Gardner, William L. O’Connor, E. M. Elliott, Linton A. Cox, Carl D. Walk, E. E. Allison, H. J. Berry and George L. Denny. Wiliam H. Howard, who has served as secretary of the Board of Trade for twenty-one years, is expected to be reappointed. In Monday's election, 300 persons, representing 7,622 shares of stock, voted. The new president, Simmons, has served on the directorate since 1922 and was on both tickets. The outgoing president is E. M. Elliott. FIND 150 STOLEN~CARS State Police Recover That Number During Month of May. Indiana state police recovered 150 stolen cars in May, the monthly report of Chief Grover C. Garrott disclosed today.' During the last six months 635 cars were recovered and but 588 reported stolen, according to the chief. A national tracing bureau credits Indiana with 83 per cent recoveries. Other states are as follows: Illinois, 71; lowa, 79; Kansas, 73; Kentucky, 83; Missouri, 82; Wisconsin, 80; Michigan/ 93, and Ohio, 80 per cent.

MOTION PICTURES

| You Simply MUST See— I HKHABP I iHHH IK vrkh IN B JACKIE HJTVJj jj Wj COOPER Friday! “i i* rops ■SKpTTvi& nit: 11 1 \ it. i|M ji l 1 I •! -I * 1

Picture Starts Saturday Peter B. Kyne's Story I “NEVER THE TWAIN SHALL MEET”

We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER 703 Fletcher American Building 129 E. Market St.

James T.Hamill & Company Print* Wire* to All Leading Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board ot Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley M 9— RII7 5494

On requests 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 Monday’s Times: William Kogut—One of the most ingenious gallows-cheating devices ever conceived in the brain of a doomed man brought horrible death to William Kogut, a 26-year-old lumberjack, in his cell on condemned row in San Quentin prison. By cleverly using torn up pieces of ordinary playing cars, packed tightly into a piece of iron tubing, Kogut constructed a powerful bomb, which when heated, produced an explosion that wrecked the cell and brought instant death to its prisoner. A Nickel Contains Three Times as Much Copper as Nickel— Nickel in its pure state would be impracticable for coinage purposes. The alloy from which our nickel coins are made contains 75 per cent copper to 25 per cent nickel. Tuesday—“ The Man Who Re- , membered everything He Ever Ate.” RAW SUGAR PRICES —June 8— High. Low. Close. January 1.41 1.31 1.41 March 1.47 1.44 1.47 May 1.54 1.50 1.53 July 1.24 1.20 1.24 September 1.31 1.27 1.31 December 1.40 1.36 1.39

AMUSEMENTS

|sl rSHOV^NTQWrf Comfortably COOL One of the most exciting mystery romances you’ve ever seen -< JorlMMkl / “iffllf fin 1 'ii atewdoAij k-ver/ with k/ BEBE DANIELS Ricardo Corter—Cna Merkel \On the Stage—Great Fun Show / 808 MURPHY / Prince of Humor and / i RKO VAUDEVILLE / Sat. BELLE BEMHETT (in Person) I 250 FREE AUTO ”" m . WINS 3Sc

e vh{ I INDIANA I roof I I ballroom 1 1 n*\M m BERIME l'tl\e ole mae/tro and His Orchestra ONE NIGHT ONLY > I Saturday Night. June 13th BEY TICKETS NOW ■ Advance Sale, SI.OO I ■ Night of Dance. $1.20 H Tomorrow 1 WALTZ night

__ _n J. a ■Jh mm I Nlt€S, 50C, 1 3C, $1 CMC CU I Thrift Matinees tnULIOH | Wed., Thurs, 50c DAUGHTERS! You Can Safely Bring Your Mothers to See “STRICTLY DISHONORABLE” Modern Theater's Best Comedy Featuring Frances Dale . . . Love Curious Dixie Miss Donald Woods ... Romantic, Vesuvian Don Juan Next Sunday Night! "NANCY’S PBIVATE AFFAIR” A Cure for Trifling Husbands!

■m V 7 K**li | l<‘N U 8 LP y I’stpnt office RIPLEY

FIGHT DITCH PROJECT Lyndhurst Taxpayers to Hold Mass Meeting Wednesday. Property owners will protest construction of a drainage ditch from Lyndhurst drive to Eagle Creek at a mass meeting Wednesday night in Fleming School No. 14. The work is under way by the Columbia Construction Company on a contract from county commissioners. A suit to restrain the construction company will be heard Friday in Circuit court. C. C. Marsh, chairman of the meeting, states that 3,000 property owners are opposed to the project. It is claimed the ditch will not serve the purpose engineers propose, and that assessments are too high.

MOTION PICTURES

|OOUO jIeWIERE THE BIG ONES PU& Tn> 1 Read What the Critics Say—- .| I " " Janet and “Daddy Fong Legs” will get into your hearts very much, I think. WALTER D. HICKMAN Here is romance that touches the heart . . . men, women and children should be charmed by It. CORBIN PATRICK It Is light, gay and relaxing entertainment for the hour. WALTER WHITWORTH JANET (0 gaynor/^H WARNW / -v'j BAXTER / I “DADDY V LONG \k LEGS” / ADDED s**Tn | ■ joe rENNER in JTTm “GANGWAY’’ og&7£rt?E& N WINNIE LIGHTNERI | _. j E —in— X “Gold Dust Gertie”! | ¥ , AI J t , O T with Oisen & Johnson | | Parking

1 f Constance .__ S BENNETT I | “BorntoL^^j

I ' I I mm mm- 1 I And Her 3-Ton Baby I | At Virginia Ave„ Hear South St. | ’

.JUNE 9, 1931

RAIN REPORTS AGAIN WEAKEN GRAIN MARKET Increase in Winter Wheat Expected in Crop Statement. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, June 9. Scattered rains in the northwest again today gave the wheat market an easy undertone on the Board of Trade, and prices held lower mfcst of the session. Weakness abroad and depressing local financial news also caused selling. Twelve small banks closing in Chicago caused uneasiness. There was some evening in anticipation of a bearish government report due after the close. July com weakened with wheat but other months showed good resistance. Oats followed the major cereals lower. More Rain Needed At the close, wheat was to % cents lower; corn was unchanged to 5 i cent lower, and oats were % cent lower. Provisions were steady to strong. Liverpool was unsettled during the late trading but closed 4 to 3 i cent lower. The impression prevails that while rain reports from Canada look large, they are highly inadequate for the situation. Reports from private experts now in the field are extremely unfavorable both sides of the line and hold out hopes for little in the way of a normal crop. Cash prices were cent lower. Receipts were 74 cars. July Corn Fight Com eased fractionally at the start with wheat but soon advanced when the major grain recovered, prices showing % to % cent higher at mid-session. July again acted tightt and led but December showed a similar tendency. Support also came from speculators although trading was quite early. Cash prices were M cent higher. Receipts were 52 cars. Oats were steady in a dull and featureless market. Cash prices were unchanged. Receipts were II cars. Chicago Grain Table WHEAT- ~ lm ‘ ?r „ . , High. Low. 11:00 close. July 57% .57 .57% .58% Sept 58% .57% .58% .58% Dec 61% .61% .61% .62% CORN— * July 57% .56% .57 .56% Sept 52% .52% .52% .52% Dec 46% .45% .46% .46% OATS— July 26% .26% .26% .26% Sept 26% . .26% .26% .26% D rye— 2914 • 29 ' - 291 * 291/4 July 36 .36% Sept 38 .38% Dec 41% .42 LARD- — July 7.82 7.85 Sept 7.90 7.95 Oct 7.87 7.92 By Times Special CHICAGO. June 9.—Carlots: Wheat, 135; corn. 105: oats. 20; rye. 2. and barley. 22.

AMUSEMENTS

If AU I EAT/ y SIJJ, 1(■ itAlt I iKfgpra l HURRY! LAST 3 DAYS! n .Paramount '’S? *.[ hit with ,i CLIVE BROOK K. / * how “Buddy” D/WWr ROGERS Rlrhard irMAs? ARLEN JOIWS FA M? Ar giving Cioom a p t*| t-and the merry _ merry with WILLIE, Friday I WFST “\ra£!, NIV h °2*ACE CRAWLEY HEIDT Phil TThTT ARNOLD Suaar Californians MARCELLE ln Person tmi : r- \

June 8,9, 10th Keystone Ave. Showgrounds B. P. O. Elks Present ROBBINS The Old Reliable 3>Ring CIRCUS Less Than Pre-War Prices Children Adults 25c SOc Performances. 2 and 8 P. M.