Indianapolis Times, Volume 43, Number 30, Indianapolis, Marion County, 15 June 1931 — Page 12

PAGE 12

STOCKS QUIET AFTER STRONG OPENING RANGE Lack of Definite News Is Responsible for Dull Session.

Average Stock Prices

Average of thirty industrials for Saturday was 137.03. up 05. Average of twenty rails was i9.65, up .05. Average of twenty utilities was 55.37. off .03 Average of forty bonds was 94.87. off .03. BY ELMER C. WALZER United Press Financial Editor Trade turned dull on the New York Stock Exchange today after the opening with operators unwilling to express their opinion in either buying or selling commitments. Steel common moved back and lorth within narrow limits as did American Can, General Motors, Radio Corporation, and other leaders. Utilities met some buying support and held gains ranging to nearly 2 points in the case of American Telephone. Oil shares were firm for a time but they did nothing of note. Westinghouse Features About the only feature was Westinghouse Electric and that on the downside. There was nothing in the news to affect this issue. Around noon attention of the bears was directed against General Electric and it broke below 39, against a previous close of 39 Vi, wnile Westinghouse rallied a fracti.n from its low. Commodities sold off small amounts, while bonds were irregular with foreign issues showing a fi*mer tone. German loans improved on the rise from 5 to 7 per cent in the discount rate announced late Saturday, a move that was expected to stay the outflow of foreign exchange funds from Germany. News Is Dull There was nothing in the immediate news to affect the stock market on either side. However, in view of the lethargy of the short session Saturday and the uncertain price movement in that period, Traders were looking for further evere testing of the ability of the market to resume the rise. In some quarters a sharp secondary reaction was anticipated. Asa result bears became more courageous and tried to ferret out weak spots. They resumed operations in Westinghouse in the early afternoon and drove It down in heavy turnover. Steel eased further and the market generally was unsettled

Bank Clearings

INDIANAPOLIS STATEMENT —June 15— Clearings . ~53,949,000.00 DeMts 6.297.000.00 CHICAGO STATEMENT —June 15— Clearings Balances 3,100,000.00 TREASURY STATEMENT —June 15— Net Balance for June 12 $41,960,360.74 Expenditures 9.386,598.19 Customs recta, month to date 11,739,431.41

Net Changes

By United Press NEW YORK, June 13.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange followup. Off. Alaska Juneau 14% % ... American Can 103% ... American Smelting 30>/a % ... Atchison 158 ... 1% Auburn 167% % Bethlehem Steel 44% ... 2* Case 72% ... % Consolidated Gas 92% ... % Fox Film A 20 % ... General Electric 39% ... % General Motors 34% % ... International Nickel 14% ... % International Telephone ... 29% 1% ... Loew’s Inc 42% ... % McKeeport Tin 83 % ... Montgomery Ward 19% ... New York Ventral 90 % ... North American 64% ••• % Paramount 24% % ... Pennsylvania 51 ... ... Radio 15% ... % Radio Keith 13% ... ••• Stan Oil of Cal 3a ... I Union Carbide 50 . % ... ■United Corp 22% ... % U S Steel 80% ... % Vanadium 31% ... ... Westinghouse El 62% ... 1% Worthington Pump 46% % ...

New York Curb Market

(By Thomson & McKinnon) —June 15— 11:30! 11-30 Am Com Pwr.. 11% Insull U 26% Am Gas Sc El.. 58% Int Pete 10% Ark Gas 3% Midwest- U .... 17 Can Marc 2% National Inv .. 4 Cons Gas 9 jPenroad 5% Cities Serv ... 114* Std of Ir.d .... 34 Cord B%;Std of Ky .... 13% Durant Mot ... l%:Un Gas inew).. % Elec Bond Sh. 36% U Lt & Pwr... 21 Ford of Eng.. 11% Up \erde 5% Kcx Theater .. 3% ; Ut Power ...... <% Goldman Sachs 5% Vacuum Oil .. 39 Hudson Bav .. 3Va.Van Camp .... 4%

Investment Trust Shares

(By Gibson & Bernard.) prices Are to 12 noon c. s. t. —June 15— _ . Sid. Ask. Amer Found's Corp Com 2% 3 j.m Sc Gen Sec ’A” 13 ... /.m Inv Trust Shares 4-, 4 5% kasic Industry Shares 4's 5% Corporate Trust Shares ...... 4% 5% Cumulative Trust Shares ..... 6% 6 8 •Diversified Trustee Shares A 13% ... First American Corp < Fixed Trust Oil Shares 3% ... Fixed Trust Shares A 12- ... Inv Trust N Y •• •■-•••• ® Leader* of Industry Series A 6% ... Nation-Wide Securities 5% b% National Industry Shares ... 4% 5s N Am Trust Shares 4% 5% Bel Am Shares 4% Shawmut Bank Inv Trust 6 8 Universal Trust Shares ...... | 5 2 Super Corp of Am Trust Sh A 5% b Fundamental Trust Sh A... 6 6 a Fundamental Truust Sh 8.... J 5% 7 U S Elec Light <£ Pwr A... *<% 39 a •Ev-Dtv. \

New York Bank Stocks

(By Thomson Sc McKinnon) —June IS— Bid. Ask. America 43 45 Bankers '* ** * Brooklyn Trust 400 430 Centra) Hanover .... 223 228 Chase National ..... 69% * Chatham Phoenix Natl .... 61 64 Chemical 44% 46% City National <3% <■* Corn Exchange 97 101 Commercial 338 348 Continental 18% jl % First National .m 3.375 3.475 Guaranty 440 4t5 Irving 30% 33 4 Manhattan Sc Company ... 70 Manufacturers 40% 4*% New York Trust 141 146 Public 45 48 Chicago Stocks Opening ißv James T. HamUl As Cos.) —June 15— Bore Warner.. 16%iMldl Un com.. 19 Cord Corpn.... 8\ Middlew com... 16% Con Ch Cp com 4% Nat_l Standard. J|9% Con Ch CP Pti 35 Swift St Cos ... 36 Commonw Ed .197% Sv Intern ..... 33% Oen Tbea Eo-. 5% U 6 R R & Tel 30% Grigsbv Gru.. 3%!Zenith Radio . 3% Insull Oom .... 3s%i

New York Stocks 1. Thomeon A McKinnon 1 ————

—June 15— Railroad*— Prev. H.eta. Low. 11:30. close. Atchlaon 160% 157 Vi 157% 158 Balt Ac Ohio ... 57*. 57% 57% 57% Chesa St Ohio.. 37% 36% 38’. 36 Che.a Con? 37% 36% 37% 36% Chi Grt West... 6 5% 6 5% Chi N West 34 CRI&P 36% 36% Del Si Hudson..l2s 124% 124V* 125 Erie 21 20% 31 20% ! Erie Ist pfd 29% 34 % Great Northern 56V. 56% i Illinois Central. 48 47 48 49 ]MK St T 15% 14% 15% 15 Mo Pacific 21% 21% Mo Pacific pfd 63% ... N Y Central ... 90% 88% 88% 90 Nickel Plate 53 50 NY NH Sc H .... 76% 76% 76% 76 Nor Pacific 42% 42% Norfolk Sc West 165 O Sc W 11 10% Pensylvanla 51% 50% 50% 51 Seaboard Air L. .. .. % % SO Pacific 82% 82 % 82% 82% Southern Ry .. 33% 33% 33% 34% St Paul 5% 5% 5% ... St Paul pfd 9% 9 9% ... St LSc S F 19% 19% Union Pacific .. 161% 131 181% 161 Wabash ... 13% 13 W Maryland ... 12% 12 12% 12% Equipments— Am Car Sc Fdy.. 19 18 19 18% [ Am Locomotive 16% 16 Am Steel Fd ... 15% 14% 15% 14% Am Air Brake 8 . .. 28% ... Gen Am Tank... 57% 56% 56% 57 General Elec. . . 40 39% 39% 39% Gen Rv Signal. ... 55 Lima Loco 23 Pullman 37 % 36% 37% 35% Westlr.eh Elec. 62% 60% 60% 62'/* Rubbers— Firestone 18% 18% 18% ... Fisk ij s g Goodrich 11% io% 11% 11% Goodyear 353, 35 Lee Rubber 3 U 8 Rubber ..... 12 12 Motoi s Auburn 173% 159 173 167% Chrysler 18% 17% 13% 17% Gardner 3. Graham Paige.. ... 3% General Motors. 33% 34% 34% 34% Hudson 13% Hupp 73', 7 7 6% Mack 34 33% 34 33 Marmon 4% 4% Nash 26% 25% 26% 25% Packard 7% 7% 7% 7% Reo . . gSg Studebaker 18% i7% iB% 17 Yellow Truck... 8 7% 8 7% Slotor Access— Bendix Aviation 17 16% 16% 16% Borg Warner .. 17% 17 17 16% Brlgg.’ ....... 10% 10% 19% 10% Budd Wheel 8% 8 Campbell Wv . 11% 11% 11% ... Eaton 11 El Storage E 54 Hayes Body ... 3% Houda 5% 5 Motor Wheel 10% Sparks W 9% Stewart Warner ... 10% 9% Timken R 011.... 34% 34% 34% 35 Mining— Am Smelt 30% 29% 30 30% Am Zinc 4% ... Anaconda Cop.. 22% 22 22% 21% Cal & Heel a 6 % 6% Cerro de Pasco 16 15 Dome Mines ... 11% 11% 113% 11% Freeport Texas.. 26% 26 26 3 , 25% Int Nickel 12 11% 12 11% Kennecott Cop.. 17% 17% 177 k 17% Magma Cop 12 Miami Copper .. 8% 3% 8% ... Nev Cons ... ... 8 Texas Gul Sul. 33 32% 32% 32% U S Smelt 14% Oils— Amerada 16 16 Atl Refining ... 15 14% 15 14% Barnsdall ~. 7 Houston 8% 8% Ohio Oil 8% 8% 8% 8% Mex Sbd . 14% 14 14 14 Mid Conti 8 7% Phillips 6% 6% 6 3 /i 6% Pr Oil & Gas 9% . Pure Oil .. 6% 6% Richfield .. 1% Royal Dutch 26% 26% Shell Un 8% 8% 8% 6 Sinclair ... .. 734 Stand of Cal ... 35 34% 35 35' Stand of N,T ... 35% 35% 35% 32% Stand of NY .. 16% 16 16 15% Texas Cos 20% 20% 20% 20 Union Oil ... 18% Steels— Am Roll Mills., 18% 18% 18% 18 Bethlehem 45% 45 45 44% Byers A M 32% 31% 31% 32% Colo Fuel 13 Cruc Steel 38 3 / 4 39 Ludlum m 12 11% 11% 12 Midland 18% Repub I & S liy, n% U S Steel 91% 90% 91% 90% Vanadium 32% 313% 32 31% Youngst S & W 20% Tobaccos— Am Tob Anew.. .. ... 108 Am Tob B new 113% 112% 112% 1127 k Lig & Mvers B 67% 67% Lorillard 15% 14% 14% ... Reynolds Tob... 49% 49% 49% 49% Tob Pr (A) 11 United Cig 4% Utilities— Abitibi 5 4’/, 5 4% Adams Exp ... 14% ... Am For Put. . 28% 26% 27% 26% Am Pwr & Li 36% ... A T & T 170% 170 170% 169 Col Gas & El.. 27% 27 27% 27 Com Sc Sou 8% 8% 8% 8% El Pwr &Li 37% 36 3 ' 4 37 36% Gen Gas (A) 5 4% 5 Inti T & T.... 29% 28% 28% 29% Natl Pwr Sc Lt.. 25% 24% 25 25% No Amer C 0.... 65 63% 64 6471 Pac Gas & El ... 43% Pub Serv N J.. 81 79% 81 80 So Cal Edison.. 4274 41% 42 41% Std G & El 63% 62% 62% 61 V'a United Corp .... 237 ? 237 k 23% 22% Ut Pwr & L A.. 237 4 23 237 k 23% Shipping— Am Inti Corn 117-k 127 k Atl Gulf & W I 17 Inti Mer M pfd 87k United Fruit... .. ... 55% 54 Foods— Armour A 17k 1% Cal Pkg 23% 23% Can Dry 43 42% 42% 42% Childs Cos 19% Coca Cola 145% 14574 14574 145 Foods — Cont Baking A 12 Corn Prod ... 65 647 k Cudahy Pkg 38/4 38% 38% * 38 Gen Foods 47% 477 k 47’/k 47% Grand Union 15% Kroger 257 k 3574 25% 26 Nat Biscuit 65% 657, 65% 65 Purity Bak 30% ... Safeway St ... 51% 51% Std Brands .... 177 k 17% 17% 177 k Ward Bkg ... 3% ... Drugs— Coty Inc ... 8 Lambert Cos .... 70 69 69% 70 Lehn & Fink ..... ... 25 24% Industrials — Am Radiator 127 k Bush Term 20 Certainteed 3% ... Gen Asphalt 29% ... Otis Elev 36% 3674 Indus Chems— ’ Allied Chem 122 119 130% 120 Com Solv 14 137 k 13% 13% Union Carb .... 507 k 49% 50% 50% U S End Tlco 29% ... Retail Stores— Gimbel Bros ... 67% 5% 67k 6 Kresge S S 26% ... May D Store 32% 33 Mont Ward 197 k 197 k 19% 19% Panny J C 32% 327 k 327; 32% Schulte Ret St ... 5% Sears Roe 527 k 52 74 52 7% 52 Woolworth 69% 687s 68% 687 k

Fruits and Vegetables

FRUITS Apples— Greenings, S3 a bushel: Delicious. $2.50: Wealthy. $1.75. Boxes: Delicious. $2.7503.25; Grimes. $2.2502.75: Staymetl. $2.5002.75: Robe Beauty. $2.50; Winesap. $2.10 02.60: Baldwin, $5.50 a barrel. Cantaloupe—California. $3.50 a crate: Jumbo. $4; Pony. $2.75. Cherries—California, $3©2.35 an 8-Ib. box. Grapefruit—Florida. $303.50: Texas. $4; bulk. $2.50 a 100 lbs.: California. $4.75. Lemons—Fancy California. S4S?S a crate. Limes—Dominican. $3.50 a 100. Oranges—California naval, $505.50 a crate: Florida. $4.50 @4.75. Pears —Avacado. California, $303.50 a dozen. Pineapples—Cuban. 16s to 245. $3 a crate. Strawberries—Home grown, $506 a crate: Indiana. $5: Kentucky and Tennessee. S4O 5. VEGETABLES Artichokes—California. $1 a dozen. Asparagus—Home grown. 50c a dor. bunches: long green. 76c0-sl. Beans —Florida. $2.2502.50 a hamper. Beets—Home-grown. SI a bushel; new Texas. $2 a bushel. Broccoli—Western. $5.50 a crate. Brussels Sorouts—4sosoc a lb. Cabbage—Texas, new. $1.35 a 50-lb. crate, bulk. 3c a lb. Carrots—Marlon county. $1 a bushel; Texas, new. $1.25 a 50-lb. bag; California, new. 75c a dozen bunches. Cauliflower—California. $2.50 a crate. Celery—Michigan, one-dozen-bunch cartons. $1.25: hearts. 13 bunches. $2.25; California. 7 dozen bunehes. $3.50: Florida. 4 to 3-dozen-bunch crate. S4. Celerv Cabbage—Southern. $1.25 a dozen. Chives—sl.7s a dozen pots. Cucumbers —Home-grown. $1.2501.50 a dozen Endive—California. $1.25 a dozen heads. Kale —Home-grown. 75c<3'$l a bushel. Lettuce —California. $2.5003 a crate of 4„ and ss: home-grown leaf. 60c a 15-lb. basket. Mushrooms—3so4oc a lb. Mustard—Home-grown. 75c a bushel. Onions —New Texas, yellow. 51.60: white. $2: Yellow Globe. 75c a bushel: white. 90c: home-grown green onions. 25c a dozen bunches. Oyster Plant—Home-grown. 40c a dozen bunches. Parsley—Marlon county. 40c a dozen bunches; Southern. 90c. Parsnips—Home-grown. $1 a bushel. Peas—Telephone. Western, $2.5002.75 a hamper. Peppers—Florida. $5.5006 a crate. Radishes —Hothouse, button 75c a dozen bunchs: long red or white. 50c. Rhubarb—Hothouse. 30 035 c a dozen bunches. Spinach—Home-grown brcadleaf. $1 a bushel. Tomatoes —Southern. 5-lb. basket. $1: 10lb. carton. $1: hothouse. $2.75 an f-lb. basket. Turnips—Texas. $1.25 a bushel. POTATOES Maine Green Mountain. 100-lb. bag. $2 75: Red River Ohio. 100-lb. bag. $3 250 3.50: Michigan round white. 100-lb. bag. $2.25: 150-lb. bag. $3.25; Idaho Russets. 100-lb. bag. $2.50: tdaho Rural. 100-lb. bag. $2.25; new Texas Triumphs. $2.25 a 100 lbs. tnot bushels!: new Florida. $3: Northern Wisconsin. $3.25 a 100-Ib. bag. Sweet Potatoes—Tennessee Nancy Hall. $2.2503.50 a hamper. 50 lbs.: $3 a bushel; Indiana, Jersey. $3 a bushel: Texas vams. $3.75 (#O-U>. crate.

Amusement*— Col Graph 7% 7% 7% 77k Croslev Radio .. ... ... 5% ... Eastman Kod ..133% iS2 132 133% Fox Film A 2074 19% 20 20 Grigsby Gru ... ••• 9% Loews Inc 42% 42% 4374 43% Param Fam ... 24% 24 34% 24% Radio Corp .... 16% 16 16 15% RK O H% 13% 13% 13% Schubert 3% 33% 3% Warner Bros ... 9% 8% 8% 8% Miscellaneous — Airway App , 4% City fee Sc Fu 31 Congoleum 107* 10% Am Can 104‘4 103% 104% 103% Cont Can 49% 48% 48% 48% Curtiss Wr 2 2% 2 2% Gillette SR ... 24% 23' 24% 23% Real Silk „ 7% 7% Un Aircraft .... 27% 26% 27 26% Int Harv 42 41 42 41%

The City in Brief

TUESDAY EVENTS National Electric Medical Association, convention. Lincoln. State Accounts Board Field Examiners, conference. Statebouse. Ohio Valiev Shippers’ Advisory Board, meeting. Indianapolis Athletic Club. Rotary Club luncheon, Claypool. Gvro Club luncheon. Spink-Arms. Mercator Club luncheon, Columbia Cub. Architectural Club luncheon. Architects’ and Builders’ building. Purchasing Agents’ Association luncheon, Severin. American Chemical Society luncheon. Chamber of Commerce. Universal Club luncheon, Columbia Club. Uni-ersity of Michigan Alumni luncheon, Lincoln. North Side Exchange Club luncheon, 3810 College avenue. Alliance Francaise luncheon, SpinkArms. Indianapolis Republican Veterans luncheon. Board of Trade. Indianapolis Medical Society, 8:15 p. m., Athenaeum. L. L. Dickerson, head cf Indianapolic public library; Miss Amy Winslow, assistant librarian, and eighteen staff members will attend the annual national conference of the American Library Association at Yale university, New Haven, Conn., June 22 to 27. Achievement cup of the Indianapolis Smoke Abatement League was presented to the Baltimore & Ohio railroad Friday by Governor Harry G. Leslie at the Chamber of Commerce. Fourth annual picnic of the Indianapolis Medical Society will be held Wednesday afternoon at the Polk dairy farm at Greenwood. Tax reduction will be discussed at the weekly luncheon of the Indianapolis Real Estate Board Thursday. William A. Hough, Greenfield, former member of the state board of tax commissioners, will speak. Eighteen were graduated Sunday night from St. Joseph’s Catholic school in exercises at St. Joseph’s hall, attended by 350 persons. John M. Scanlon has been elected president of the Indianapolis Club of Notre Dame university. A dance will be held at the Trees June 22. Summer terms of the Y r . M. C. A. night school will open June 22. O. S. Flick heads the summer courses. A member of the 1931 graduating class of Butler university, Robert J. Schultz, has been named instructor in physics at Shortridge high school for next year.

Harry Boggs of Herdrich & Boggs, 901 Continental Bank building, has been elected president of the Indiana Association of Certified Accountants. Social events scheduled by the Indianapolis Traffic Club include: A family picnic for members and friends Saturday at Noblesville; golf outing at Lebanon, July 9; stag outing at Horseshoe lodge, Aug. 6; golf tournament, Sept. 17. Indianapolis Building Congress members will frolic at an all-day picnic Thursday at Idlewood park, near Pendleton. For the tenth consecutive year, Arsenal Technical high school R. O. T. C. unit has been awarded honor rating by the war department. Annual clinic day will be observed Thursday at St. Francis hospital. Work of the city hospital will be explained to the Rotary Club Tuesday by Dr. William A. Doeppers, superintendent. Major Robert Anderson post, Relief corps. No. 44, will hold its regular meeting at 1:45 Tuesday afternoon at Ft. Friendly, 512 North Illinois street.

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 12c: henerv cuality. No. 1. 14c: No. 2. 9c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 17c: under 5 lbs.. 17c; Leghorn hens. 14c: 1930 broilers, full feathered ' % lbs. and up. 23c: under 1% lbs.. 20c; bareback. 16c: Leghorn broilers, 19c; ducks. 9c- old cocks. B@9c: ducks, full feathered, fat whites. 9c; geese. 6c. These prices are for No. 1 top duality, auoted bv Kingan & Cos. Butter (wholesale)—No. I, 37®28c: No. 3 25®26c. Butterfat—22c. Chese (Wholesale selling price per pound) —American loaf. 22e; pimento leaf. 24c; Wisconsin firsts. 17%c: Longhorns, 17%c; New York limberger. 30c. By United Press NEW YORK. June 15.—Potatoes—Market steady; Southern, 51.50®2.85 bbl.; Maine, $1.75®2.60 bbl.; Bermuda. $4.50®5 bbl.; Canada. $1.2501.40 bbl. Sweet Potatoes— Market, steady: Jersey baskets. 75c@ $3.35. Flour—Market, quiet and steady: spring patents $4.65®4.80. Pork —Market, quiet; mess, $22. Lard—Market, easier; middiewest spot. 58.15®8.25. Tallow— Market, steady; special to extra. 3%@3%c. Dressed poultry—Market, firm; turkeys, 25 ®44c; chickens, 25®37c: broilers, 25@41c; fowls, 12®27c: Long Island, 16@18c. Live Poultry—Market, quiet; geese, 10®13c; ducks. 13®23c; Long Islands. 18®21c; turkeys. 15®25c: roosters. 13®14c; broilers l?®3se. Cheese—Quiet and firm; state whole milk, fancy to special. 12 %®23c; Young America. 14®19%c. By United Press CINCINATI, 0., June 15.—Butter, steady; creamery in tub lots according to score 20®22c; common score discounted 2@3c; packing stock No. 1,18 c; No. 2. 12c; No. 3 8c; butter fat. 17@19c. Eggs—Steady; cases included; extra firsts, 16%c; firsts, 14%c; seconds. 14c; nearby ungraded. 15%e Live Poultry—Thin and coarse stock sell only at heavy discount; fowls 5 lbs. and over, 18c; 4 lbs. and over, 18c; 3 lbs. and over. 18c; Leghorns 3 lbs. and over, 15c; roosters. 10'jc; broilers colored 1 lb. and over. 24e; 1% ]bs. and over. 25c; 2 lbs. and over. 29c; partly feathered. 15®20c; Leghorn broilers 1 lb, and over 20c; black springers. 20c: 1% lbs. and over. 23c; 2 lbs. and over 26c. GEOLOGIST IS MURDERED U. S. Citizen Is Found Slain in Mexico, Embassy Advised. By United Press ¶ WASHINGTON. Jure 15. —The murder of an American citizen, Kingsley Cadmen Mitchell of San Francisco, a geologist, in Mexico last Friday was reported to the state department today by the American embassy at Mexico City. ¶ Mitchell, assistant geologist of the Richmond Petroleum Company, was found dead about four miles from Cuidad Mier in Tamaulipas state, the company advised the embassy. No details were, given regarding the murder.

THE INDIANAPOLIS TIMES

PORKER PRICES 20 CENTS OFF AT CITYYARDS Cattle Somewhat Uneven, but Mostly Steady: Sheep Weak. June Bulk Early Top Receipt! 8. $6.25® 6.45 $6.80 5.000 9 6.25® 6.55 6.55 7.000 10 6.25® 6.65 6.65 3.500 11. 6.65® 6.85 6.85 4.000 12. 7.15® 7.35 7.35 4.000 13. 7.15® 7.35 7.35 2.500 15. 6.95® 7.15 7.15 5.000 Hogs eased off a fraction this morning on good receipts and lack of very strong demand, the market generally being 20 cents down from Friday and Saturday’s averages. The bulk, 140 to 300 pounds, sold for $6.95 to $7.15; early top holding at j $7.15. Receipts were estimated at 5,000; holdovers were 295. Cattle were somewhat uneven but mostly steady this morning. Receipts were 500. Vealers held unchanged at $8 down. Calves receipts w r ere 600. Lambs were around 50 cents lower with prices mostly $8.50 on down. Early top was $9. Receipts numbered 500. Chicago hog receipts were 52,000, including 13,000 direct; holdovers, 2,000. Market active to shippers and around 10 cents lower than Friday’s average. Few loads of 170 to 240 pound weights sold at $7, with some holding higher. Cattle receipts were 20,000. Calves, 2,500, and 25 cents lower. Sheep receipts were 15.000, and 25 cents lower. HOGS Receipts. 5,000; market, lower. —Light Lights—-(l4o-160) Good and choice $ 7.05 —Light Weights—-(l6o-180) Good and choice .... 7.15 (180-200) Good and choice 7.15 —Medium Weights—-(2oo-220) Good and choice ... 7.15 (220-250) Medium and good ... 7.15 —Heavy Weights—-(2so-290) Medium and good ... 6.95® 7.05 (290-350) Mediuum and good.. 6.70® 6.80 —Packing Sows—-(27s-500) Medium and g00d... 4.75® 5.75 (110-130) Slaughter pigs 6.80® 6.95

CATTLE (Slaughter Class) Receipts, 500: market, higher. —Steers— Good and choice $ 7.25® 8.75 Common and medium 5.50® 7.25 (1.100-1.500) Good and choice 7.00® 8.50 Medium 6.00® 7.00 —Heifers—-(soo-850) Good and choice 7.00® 8.50 Common and medium 5.00® 7.00 —Cows— Good and choice 5.00® 5.75 Common and medium 4.00® 5.00 Low cutters and cutters 2.50® 4.00 —Bulls (yearlings excluded)— Good and choice beefs 4.00® 4.75 Cutter, common and medium.. 2.50® 4.00 CALVES AND VEALERS Receipts. 600; market, steady. —Vcilsrs Good and choice $ 7.50® 800 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, 500; market, lower. Good and choice $ 7.50@ 9.00 Common and medium 5.00® 7.50 Cull and common 1.75@ 2.50 Cull and common I.oo® 1.75 Other Livestock By United Press LAFAYETTE. June 15.—Hogs—Market 20®20c lower; 160-250 lbs.. $6.85; 250-275 lbs.. $6.75; 275-300 lbs., $6.65; 300-325 lbs., $6.50; 140-160 lbs., $6.50; 120-140 ibs.. $640; 100-120 lbs.. 56.25; roughs, $5.25 down; top calves, $7 down to $6; lambs. By United Press EAST ST. LOUIS. 111.. June 15.—Hogs —xieceipto, 9,uuu; mamet lairly acme; unevenly weng to lue lover man yaturuay s average, cop. 57.20; bum. lou-2-iO ids.. $/.iU(,.au; 2ju-2fcu ids.. si<o/7.i0; louloo Ids.. *o.sows steaay; largely d0.20®3.40. uatUe Receipts. 3.sou; caives, 2,d00; market, lac steers steaay; Diaamg cower on rneaium natives; a lew rexits steers steaay to 25c tower around c3.uu®b; cup yearnings. $8.75; lower tone un cow stun; veaceis 50c Higher, arouuu so.aO; otnsr classes steaay; iat ueiters, $1 iisß.2o; medium nulls, $a down. Bneep i-eceipts. •j.ihjj; market, quality largely medium in lamos, no early sales witn indications arounu steady. By Times Special LOUISVILLE. June 13. —Hogs—Receipts, 1.20 u iuiame*. iOc tower: 220 us. up. $0.00; tv/w-gXo us.. 0*.Oo; isu-ibo ibs.. so.*so; isU iw-s. uowii, sj.io; iougns, g>*®o, stags, o3.sa. cattle —rtecetpes, sou; ttiiiu, steauy; prime Heavy steers, su@7; neavy snipping a.eeis, o.so®b: medium ar.u piain steers, oaifta.oO; iat neiiers. su®i.oi); common to metaum neifers, si®&; good to cnoice ton’s, s3.uua-4.D0; metnum to good cows, ss.io ®3.ou; cutters, $2.20®2.i0; canners. si.ou@2; ouus, SSisti.aa; teeders. $6 U'l: stocaers, $4.00®0. ( b. calves—Receipts, icu; market, steady; good, to choice, su(n.o.aO; tancy. $1; outs, $5 aown. Sneep —rveceipts, U.uoO; market, prospects weak. Saturday ana Sunday shipments; Cattle—--tone; calvts. lob; nogs, ros; sneep. 1,140. By United Press CINCINNATI, June 15.—Hogs— Receipts. 2,sum tiemover none; stow, opened it) cents to j cents iowe, bum 1,0 to ms. vi.4u; weighty ainus scarce; 250 to 2(5 10s. dhgUie a. [email protected]; a lew 120 to loj los., so.au; cows largely, s4.io@o; a few sb.2o. c-attie —Rcee.pu, 00O; caites, 300; steers io.y; a iew sa.es .eak to 2a cents lower; some oias oil more; neifer and ouus steaay to strong; ctner Classes ana veaiers, steaay; common ana medium steers ana heiiers, sb®l; better grade ngntweignc steers, $1.20®7.75; two toaos, so.<o; ouik cows, $4.25®4.75; better kind, $3 and above; low cutters, $2.50®3.75; sausage bulls, s4®sl &coQ and choice vealers, siom 8; lower grades, $7 down. Sheep—Receipts, 3.0o0; steady; bulk lambs $8.75® 9; oetter grade ewe and wether offerings, $9.25; a few $9.50; bucks $1 below quotations; common and medium, s6@7; real thin kind, $6 down; most fat ewes $2 and belowu By United Press TOLEDO. June 15.—Hogs—Receipts, suu; market, lOi&ioc higher; neavies. $0.20 ®b.oo; mediums. $6.75® 1.10: 'workers. $( lu ®7.45; pigs, Sb. 75®7.2a. Cattle—Receipts, hgnt; market, steady to 25c nigher. Caives —Receipts, light; market. oOc nigher. Sheep —Receipts. light; market, steady. By United Press o June 15 - —Hogs—Receipts, 2,,.00. holdover, none; fully steady at Saturdays 10.g.15c advance; pigs, 50c over Friday; 210 lbs. down, occasionally 230 lbs. around $7; rough sows. $4.75 steady. Cattle—Receipts. 900; steers, weak to 2ac l°F er : eood dry feds arounds 1.000 lbs., fairly numerous: common to medium duality. 66.50® 7.50; good. 768275 lbs., bullocks. $7.85®8.20. mostly $8 down; fat cows. $4.50®5.50: plainers grades and bulls near steady. Calves—Receipts. 900; strong to 50c or more higher; quality and sorts considered at upward to $9 on better grades: best held higher; little available under $7; choice heavies. SB. Sheep— Receipt.-. 1,400; steady; common to good good grass yearlings. $5; ewes Sl®3 according to kind. SIDEWALK DISPLAYS HIT Four Merchants Get Suspended Fines for Obstructions. Suspended fines of $1 were meted out to four clothing store operators who were charged with blocking sidewalks with clothing samples and signs. Those arrested were Simon Earuch, 412 West Washington street; Jake Ramlatz, 425 West Washington street; William Naverstick, 419 West Washington street, and Abe Kallinger, 23 Kentucky avenue. Water, Light Rate Slash Asked Petition for reduction of water and light rates was filed with the public service commission today by the town board of West Baden. Reductions of 25 to 50 per cent are sought. The utilities are purchased from the Public Service Company of Indiana, an Insull unit.

BELIEVE IT or NOT

ilwr religion. _ . "■ SE-. HAS NOT CHANGED HIS CLOTHES IN SO YEARS ’ ~~ Z~ I VKHWH !H ToMIS MJ/ And he vows he never will UNTiL The French Relinquish The .Holy COV.of kairouan. r

. Approaching Tangier* from the sea, my ship passed the sleepy Uctle cowtx of Tariff Ona hundred years ago this quiet little place was a humming beehive of activity ... for then it was the home of the original "racketeers.’* The word "tariff** comes from Tanfa ... where all ships had to pay to pass. I have just motored a thousand ®iles along the Barbary Coast where the Corsair fleets of infamous memory collected tribute from the great maritime nations of the world for 200 years ... or until little United States of America ud "Millions for defense, but not one etai for tribute.** (The Ul S. A. was less than 40 yean old at the time.) The pirates are gone, but the spirit still lives Extended palms greet ypu everywhere ... and, well, just try co get an even break from a Moor in a bargain. The populace of Ighil Imoula, Algeria, made a vovr *Vhile otheri live by word of mouth, s© shall c ney live by being silent,* and to this day themhibitajm roam the country as fake deaf mutes thereby earning their living.

Dow-Jones Summary

New York cables opened in London at 4.86 3-8. against 4.86 V*; Paris, checks 124.22; Amsterdam. 12.086; Italy, 92,875; Berlin, 20.495. Keischs bank increases discount rate to t per cent from 5 per cent. Pennsylvania-Mex Fuel Company declared a dividend of 75 cents. Six months ago $1 was paid. Dividend payable July 15, of record June 33. Consolidated Mining & Smelt of Canada onucs usuat $5 semi-annual extra casn cuviaena. Declares 5 oer cent stock uiviaenu ana reguiar semi-annuual uiviaena oi $1.25, payaole July 15. ol record june 23. Detroit Edison and subsidiary utility companies twelve months to may 31, cor.souaatea net $8.74 a snare on 1.270.001 snares, against $10.13 a snare on 1.233.981 snares in preceding twelve montns. Federal Mining & Smelting April 30 quarter net earnings ainountea to $13,90i betore depreciation, depletion, taxes ana year-ena write-offs, against $112,840 m previous Quarter and $400,145 a jear ago. Stocks of crude rubber in London on June 13 totaled 83,856 tons, a decrease of 1,059 tons from the preceding week. Liverpool stocks totaled 54,813 tons, an increase of 554 tons over the week. California crude oil output in week enoea June 30 averagea 021,500 barrels daily, a decrease ot -i.oJO daily irotn previous weea, according to uaxfiornia Oil Vvond. International Hydro-Electric system declared a regular quarterly diviaena of 50 cents in casn. or , one-naif ox class A snare on ciass A stock, payable Junv la. or record June 25. Northwest Bancorporation declared a regular quarterly umaena of 40 cents, payable Juiy l. of record June 20. Report of International Railway Company to New York public service commission quarter ended March 31. net loss $35,133 after taxes ana charges, against net income cf $3,929 in hrst quarter of 1930. Buenos Great Southern Railway Cos., Ltd., will issue this week $3,000,000 oi 5Va per cent debenture; at 95. Liquidating value of National Bond and Share Corpoiation stock was $41.85 on May 31United States motor gasoline in Chicago bulk market ruled 3-11 to 3% against 3?s minimum Friday. Campbell Wyant & Cannon Foundry earned 50 cents a share in first four months of 1331. Canadian carloadings In week ended June 6, totaled 49,957 cars, an increase of 3,080 over preceding week, but 16,547 below like week in 1930. Fox Films signs ten-year contract for showing in 136 theaters of Canadian ramcus-Players. Adolf Gobel luc. currently operating at a profit cue to operating economies at rate of over $550,000 a year following losses suustained earlier this year. Tonnage sales No. 1 to Apri 18, totaled 133,644,674 pounds, against 137.007,433 in like period of year ago, a decrease of 314 per cent. Wright Aeronautical Company gets $1,026,164 war department contract for 156 Wright Cyclone engines and spare parts.

Local Wagon Wheat

City grain elevators are paying 69c lor No. 1 red wheat and 67c lor No. 1 hard wheat. County Coal Contracts to Be Let Contracts for coal for county institutions and field books for the county assessor’s office will be let Wednesday by county commissioners. Bids were received today.

PICTURE^ ~ Iwo Complete Features’. “BAD 1 "HELL 1 i I I ToplshtUChiaaMsH^^^lj

Thomson & McKinnon INDIANAPOLIS CKICAGG NEW FORK MEMBERS New Fork Stock Exchange Chicago Stock Exchange New Fork Cotton Exchange Chicago Board of Trade New Fork Cnrb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

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

( Aa4 the old p*rat tuort of Barbary—Morocco, A’gena. Tunisia, and Tripod—to bo among the mosr mterescing countries on earth- You will like Marrakech, the red. Mekiut the royal city of Moulai Ismael... father of SSB children: 'he Holy City of Moults Idnsa* where no white man i* allowed to remain after sundown; Bidonville m Casablanca—buih entirely of American tin cans—where a wife can be bought for a dozen tomato tins, and l recommend Fea, Tlemcen, Biskra, Constantine—the "City of the Air” and Timgad. a Roman rtcy built in ehe desert, and not forgetting Tunis, where this u written. 4 But my rime is up—l sail toward Egypt tomorrow But if you will watch the TJeiirwi It or Not" cartoons I will show the Tuaregs of the Desert, a fierce tribe of masculine he-men who wear veil*. They believe to be a sign of divine favor, and they am m subservient to then women folks that they (the mer.) are not allowed out after Ai aadiaperoned Believe It at Not—RIPLEY.

Following is the explanation of Ripley's ‘ Believe It or Not” which appeared in Saturday’s Times: James Illacie Smithson —James Macie Smithson (1765-1829), an Englishman who never had been to the United States, and had neither friends nor acquaintances here, bequeathed the reversion of his fortune cf $500,000 or more to the United States of America for the purpose of ‘‘founding at Washington under the name of the Smithsonian institution, an establishment for the increase and diffusion of knowledge among men.” This sum was infinitely larger in relative importance at the time than it is now. The Smithsonian Institution, founded by this British subject in a strange and faraway country, occupied an exceptional position within the government of the United States, and has had a very prominent place in the scientific activities of our age. Tuesday: The Confederate General Who Was Greater Than Lee. FREED BEAUTYRETURNS Mrs. Nixon-Nirdlinger Back in U. S. After Acquittal in Slaying. By United Press ¶ NEW YORK, June 15—Mrs. Charlotte Nixon-Nirdlinger, a St. Louis bathing beauty, who was acquitted by a French jury at Nice after being charged with shooting her elderly husband, Fred G. Nixon-Nirdlinger, wealthy Philadelphia theater man, came home today on the liner Roma to face a veritable armby [army] of reporters, photographers and sound motion picture men. ¶ She conducted herself in a very subdued manner and said that all she wishes now is rest and peace.

MOTION PICTURES Laugh of the Season! I I I\l Paramount’s fjVfl ||m| lon of success IMil Skeeto Gallagher jflflj ll Stuart Erwin fJMj ftiM Carole Lombard /MU ilHfll Filynn Tashman Norman Foster jMijJI IHb ‘ THE LADY IHIIIi

rntTEHmo Also LAUREL and HARDY STARTS SATURDAY WILLIAM HAINES In "JUST A GIGOLO” Metro-Goldwyn.Mayer Pictures.

1-C Registered O. & U y latent otric* RIPLEY

PRIMATE IS REFUSED ADMITTANCE.TO SPAIN Cardinal Segura Ordered to Turn Back After Eluding Police. By Utiited Press MADRID, June 15. Cardinal Segura, primate of Spain, was believed today to be- once more in France after an unsuccessful attempt Friday to resume residence in Spain. He was accompanied by three of his brothers, two of whom are priests, in the Friday attempt, which was made by automobile. Cipil guards had been instructed to tell the cardinal he was to remain abroad, and the party was intercepted on the highway between Madrid and Saragossa. They had eluded police and entered Spain near Roncevalles, a small frontier town in Navarre, Spain, in the Pyrenees. The party was instructed to return to France and the car turned back. ASK TEACHER REHIRING Wisconsin U. Faculty Denounces Ohio State Dismissal Policy. By United Press MADISON, Wis„ June 15.—Protesting the policy of ‘‘trustee censorship apparently involved in the case,” fifty-six prominent University of Wisconsin faculty members have asked the president and trustees of Ohio State university, Columbus, to reconsider their dismissal of Prof. Herbert A. Miller.

MOTION PICTURES

AJPOULO UgAVHcRE THE BIG OnSTK fIU. J2d Big Week |* r e e Anto I Don’t Miss It I forking | I fj * with X VICTOR MeLAGLEN T JEANETTE MACDONALD I

IV PT S \ I LOBOn i the Screen ITUOUS. SB AND* > the stage hit lON STRINGS’* AMUSEMENTS

riN PERSON SteJa b3iidS Always Comfortably C-O-O-L and other film hit. %W* gMf \ <)~* TH~I t _ B - gp- 1 p. q. Screen "mPbUhnß Nighta 35°i OUT” SfCSS, *■'&■ 'iT-vS With j. i A/ Charlotte ■ iaS 9W BH Eh 9H ggia WWWW WR WW CUff Edward. I Plus S Big Acts RKO Leila Hyams

-JUNE 15,1961

GRAIN FUTURES HOLD FIRM ON GOODSUPPORT Crop Conditions in Canada and U. S. Big Factors in Trade. BY H.AROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, June 15. Wheat opend steady in a dull trade on the Board of Trade today with weak foreign cables being offset by firmness in stocks and wet weather in the southwest while the northwest again went dry. Liverpool was weak in a dull market with an absence of demand and an advance in the German bank rate. Wheat was steady with few orders either way. Com was steady with wheat. Oats were dull with September easy.

News Is Conflicting Liverpool was weaker than expected and declined M to % cent by mid-afternoon. Weather conditions both in the American southwest and parts of Canada are attracting attention as the chief market factors. Heavy rains in Kansas over Sunday increased the danger of a wet harvest as harvesting is only two weeks away. Conditions in the Canadian northwest are directly opposite, | tending to make traders cautious. Bulls feel that wheat has declined sufficiently and expect higher levels j but bears look gloomily at the large 1 supplies everywhere and can see nothing but a normal harvest in the southwest and resulting lower prices. No Rains in Canada There were no rains in Canada , over the week-end except in parts |of Manitoba where it was not needed. Lack of pressure on July com has had some effect on keeping the deferred months steady The country j movement continues small and while shipping demands are light ! they are sufficient to absorb arrivals. The crop is progressing favorably. Scattered buying of oats by cash houses holds that market firm. The crop reports are bearish, however. A sale of 5,000 bushels new number 2 white oats for August-September shipment at September prices was made Saturday. By Times Special G S - Ju ,ne 15.—Cariots Wheat. 81. corn. 54. oats. 30; rye. 1. and barley.

DENOUNCES REDUCTION OF EUROPE WAR DEBT Dr. Klein, Commerce Official, Says Arguments Are Specious. By United Pmss WASHINGTON. June 15.—Additional evidence that the administration is determined not to reduce at the present time Europe’s war debts to the United States, was seen today in an address by Dr. Julius Klein, assistant secretary of commerce. “We see all too many Americans helping to put across the utterly false notion that we have not played fair in money matters with other nations of the world,” Klein said. ‘‘Of course, the real motive nearly is always hidden under the guise of so-called ‘humanitarianism’ or a sense of fairness’ or ‘world solidarity’ or something of the sort. But whatever the ostensible mainspring of the thing may be, the arguments always are specious and the figures will not stand up.” Grand Jury Votes 17 True Bills. Marion county grand jury this afternoon returned seventeen indictments, naming persons on law violation charges. Twenty persons were discharged by the grand jury.

MOTION PICTURES

IcoloniaOl Hioianl

AMUSEMENTS

INDIANAPOLIS rriday, a q Keystone Ave. Grounds June 15/ One Day Only—At 2 and 8 P. M MU REAL WILD WEST More Indians—More Cowboys—More Trick and Fancy Riders Than Any Other Show on Earth. All New Street Free Anto Show Parade at II A. W on Circus Grounds General CHILDREN ....250 Admission . , __ (Inc. 1 Seat) ADLLTS ......500 Reserved Seats Extra, According: to Location—Tickets on Sale Show Day at the Ciaypool Hotel Drug: Store.

- 60 c" TONIXE—SsiO Ladies’ Bargain Nite A handsome fraud finds himself defrauded ... and by his own wife! That is—“NANCY’S (very privatej PRIVATE AFFAIR” Modish Comedy of Errant Love featuring Frances Dale ENGLISH