Indianapolis Times, Volume 43, Number 42, Indianapolis, Marion County, 29 June 1931 — Page 12
PAGE 12
SALES VOLUME OFF AS STOCK LIST WEAKENS Profit-Taking After Gains Clips Fractions to $2 From Values.
Average Stock Prices
industrials for Saturday was 1903. up 389 Average nf twenty rails was 88 31. up .38 of twenty utilities was 62 58 up .67 Average of forty bonds was 90.42. off 03 BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 29.—Trading volume lightened on the New York Stock Exchange today and prices declined fractions to 2 points at the opening. Westinghouse Electric dipped to TO I *, off 1\; American Can 112 Vi, cff IV*; Sears Roebuck 58%, off Vi; Columbia Gas 34%, off Vi; Standard Gas 69%, off 1, and Radio 21, off %. United States Steel opened 1,000 shares at 103 Vi, off % and then slipped toward the 103 level. American Telephone and Telegraph and General Motors were down fractionally. Selling on the New York Exchange was mostly profit-taking following last week's sharp advances which had brought the Dow-Jones industrial average up nearly 18 points; railroad, up 9Vi, and utility up 5% points. Markets abroad gave the clew to the New York trend before the opening here. The Berlin and Paris bourses were lower on profit-taking, wnile the London market continued firm after the holiday Saturday. Negotiations were still under way between FTench and Americans on the Hoover debt moratorium proposal and the uncertainty in that situation had some effect on the European markets .
Bank Clearings
—June 29 — Clearings *2,542,000.00 habits 5,333,000.00 CHICAGO STATEMENT —June 29 Clearings ~.551,100,000.00 Balances 6,100,000.00 TREASURY STATEMENT —June 39 Net balance for June 26 $503,438,034.44 Expenditures 9,383,934.74 Customs rects. mo. to date 35,120,921.30
New York Curb Market
\ (By Thomson & McKinnon* —June 29Open! Open. Am Com Pwr.. 13%ilnd Pipe .. . 11% Am Gas & E 1... 70 ;Insul Ut 38% Am Lt St Tr... 39% Int Pete 13% Ark Oas A 4%|Mjdwest Ut ... 19 Brazil Pw St Lt. 31% Newmont Min .. 33% Can Mrc 3%jNia Hud Pwr.. 11% Cities Serv ... 13%,Penroad 6% Cord 9% Prince St Whtly. 1% Durant Mot ... I%’Std of Ind 27% Elec Bond Sh... 44%|Std of Ky 19V* Ford of Can ... 18%Un Gas (new).. 7% Ford of Eng .. 13%iUn Lt & Pwr A 23% Fox Theater .. 3%|Un Verde 12 Goldman Sachs 6%IUt St Indus ... 9% Gulf OH 62 lilt Power 8% Hudson Bay .. 5'41 Vacuum Oil ... 44% Huble Oil 64 pan Camp .... 5%
New York Bank Stocks
ißv Thomson St McKinnon) —June 37 Bid. Ask. America 47 30 Bankers 97% 100% Brooklyn Trust 440 455 Central Hanover 235 340 Chase National 80 >4 83 % Chatham Phoenix Natl .... 67 70 Chemical 47 V* 49'% City National 88 91 Corn Exchange 102 106 Commercial 260 270 Continental 22 35 Empire 48 52 First National 3,500 3,700 Guaranty 476 481 Irving 34% 36% Manhattan & Cos 79% 82% Manufacturers 45% 47% Nev/ York Trust 149 154 Public 51 54 New York Liberty Bonds —June 27 3%s 102.16 lit 4% los.lo ■*th 4%S 104.24 Treasury 3%s 106.14 Treasury 3%s of '4B 102.36 GARY EXPERIENCES SEVENTH JJANK CRASH Trust and Savings Company Closes, State Officials In Charge. Gary’s seventh bank failure came today when doors of the Gary Trust and Savings Company were closed, leaving only four banks operating in the city. The institution had loans of sl,030,000, depoists of $1,080,000, and surplus and profits of $130,000. Harry L. Arnold, former state banking department clerk, was president and B. T. Lemster cashier. G. E. Meyer of the state banking department has taken charge and Thomas D. Barr, asistant state banking commissioner, soon will go to Gary to take personal charge of the institution’s affairs. The state had $37,500 on depoist In the bank. This fund was protected by a $25,000 bond.
FRESH AIR SCHOOLS SHOW WEIGHT GAINS Physically Sub-Standard Pupils Improved. Report Reveals. Report of Mrs. Jeannette Williams, director of schools for physically sub-standard children, describes battles of anemic children in fresh-air schools to regain health and normal study capacity. The fresh-air schools are part of the regular public schools system, and are supported by the school and health boards. The Marion county tuberculosis association originally carried expense of special equipment and now pays carfare for children whose parents are unable to supply those funds. Theodore Potter school, with 128 pupils enrolled, registered the highest average gain in weight, with 9.25 pounds. One child there gained twenty-two pounds. Chicago Stocks Opening (By James T. Hamlll & Cos.) —June 29 Open: Open. Bendlx Avia... 32%!M;ddle West... 19% Borg Warner .. 21% Mo Kan Pipe L 5% Oont Chi Com.. 6 Nat’l See Pfd.. 58% Cont Chi pfd.. 35% N Am P & L.. 67% Comm Edison..2oß Nat’l Fam Str.. 4 Cord Corp .... 16 >at’l Std 29% Grigsby Grunow 4 3bd UtlllUes.... 3% oi Lks Arcft... 4% Jwift At C 0... 36% Houd Hersh A . 16%! Jwlft Inti 35% Houd Kersh 8... 6|Utah Prod 3% fnsull Com ... 34V Ut A- Indus Com 7 Ralamaxoo S 31% J S Radio Ac Tel 16% Lib McNeil P.. 10V.I Valgreen Strs .. 30V Mid United C.. I*%l K. of P. to Hold Party Arlon lodge, No. 254, Knights of Pythias, will hold its monthly card and bunco party at the hall, 523 North Belle Vteu place at 8:30 tonight.
New York Stocks <■* Thomson * McKinnoni - ■
-June 39 Prey. Railroads— High Low. 11:30. close. Atchison 173 y Balt At Ohio 07 67% Chesa At Ohio .. 39% 39 39 39% Chesa Corp 43 41% 41V* 43 Chi Ort West 7% 7% 7% 7% Chi N West 36% 36 36 % 36 CRIAtP 47 Del L At W 69% Del Ac Hudson ... 135 i Erie 26% 35% 25% 26% ! Great Northern 54% 64% ' Oulf Mob At Oil 15 Illinois Central 55 55 Kan City So 33 Lou At Nash " ... 80 MKAt T 17% 17% 17% 18% Mo Pacific 29 30 % Mo Pacific pfd.. 75% 76 75 75% N Y Central 97 96 97 9,3% Nickel Plate 50 50 NY NH Ac H 77 76% 77 77% Nor Pacific 47% 40% '40% 47% Norfolk Ac West 183 OAc W 13V* 13% 13 13 Pere Marq 44 Pennsylvania ... 51% 50 50V* 51% Reading .. .. 74 Seaboard Air L. % % % ... So Pacific 83 Southern Ry 40% St Paul . ... 6% 7 St Paul pfd .... 11% 10% 11 11% St LAt 8 P 32% 22 32 22 Union Pacific 173 175 V* Wabash 10 15% 15 V. 17 W Maryland ... 14% 14V* 14V* 15 West Pacific ... 8% Equipment.— Am Car At Pdy.. 22% 32 32% 22V* Am Locomotive. 31% 21 31 21% Am Steel Pd.... 19% 19 19 20 Gen Am Tank... 80V. 60 60 61 General Elec ... 45% 45V. 45V* 46V. Gen Ry Signal.... 53 Lima Loco 30% 28% Press Btl Car... . . 4% 5 Pullman 40% Westlngh Ar B 38% 28% We3tlngh Elec 70V. 69% 70% 71% Rubbers— Firestone 20 Goodrich .. 15% 14% 14% 15% Goodyear 44 43% 43% 43% Kelly Sprgfid ... ... ay. U S Rubber 17 16% 18V* 17 Motora— Auburn 195 190 191 193 Chrysler 32% 22% 22% 22% Gardner % Graham Paige 3% 3% General Motors . 39% 38V* 39% 39% Hudson 16% 16% Hupp ... 8% 8% Mack 34V. 34 34% 34% Marmon 5% 5% Nash 30% 30% 30% 30% Packard , 8% Reo 6% 6% Studebaker 20 Yellow Truck... 10% 9% io 9% Motor Access— Bendlx Aviation 22V* 21% 22 22% Borg Warner 21% 31 21 21% Briggs 15 14 14% 14% Budd Wheel 9V. 9% 8% 9% Campbell Wv ... 11% Eaton 18% 13 18% 18% El Storage B ... 57% Hayes Body ~ 4 3% Houda 5% 5 7 /a Motor Wheel 12 Sparks W 9* 9% Stewart Warner 13 13% Timken Roll . 39% 39% 39V* 39% Mining— Am Metals .... 15% 15 15% 15 Am Smelt 38V. 38V* 38% 40 Am Zinc ... ... 6% Anaconda Cop 31% 31 31% Si’s Cal At Hecla 8% 8% 8% 8)2 Cal & Arlz 38 Cerro de Pasco.. 22 21% 21% 23 Dome Mines 11% 11% Freeport Texas.. 30 Granby Corp 16"% 17 Vs Great Nor Ore 19 Howe Sound ... 21 % 21% 21% 31 Int Nickel 16% 15% 15% 16 % Inspiration 9 Kennecott Cop... 23% 23% 23% 24% Magma Cop 6 5% 5% ... Miami Copper. 8% 8 8% 8 Nev Cons 12% 13 12 11% Texas Gul Sul.. 39% 37 39 36% Oils— Am Republic 7% 7% Atl Refining ... 17 16% 18% 17% Barnsdall 9 9 Houston 10% 10V* 10% 10% Indian Refining 2% 2Vs Olho OH 11% 11 11% 11 Vi Mex Sbd 16% 10% 18% 16% Mid Conti 10 10 Phillips 9 8% 8% 9 Pr Oil At Gas ... ... 10% Pure OU 8% 8% 8% 8% Richfield 2 1% 2 2 Roval Dutch . 31% 31% 31% 33(4 Shell Un 7% 7 7 Simms Pt ... BV* BVs Sinclair 10% 10% 10% 10% Skelly 6 6 Standard of Oal 39% 38% 38% 39% Stand of N J ... 40% 40% 40% 41V* Stand of N Y .. 18% 18% 18% 18V* Texas Cos 24 % 24 24 24 % Union OU 18% 19% Steels— Am Roll Mills-. 23% 23% 23% 33% Bethlehem 53 51V* 52% 53% Byers A M 39% 37% 38% 38 Va Colo Fuel 19% 19% Cruc Steel 49 48% 48% 50 Ludlum .. 12% 13 Midland .. .. 21% Newton 12 11% Repub I & S ... 17% 17% 17Va 17% U S Steel 103% 102% 102% 103% Vanadium 38% 37 38 33 Youngst S At W .. 19% 20 Youngst S At T 59% Tobaccos— Am Sumatra .. 9% Am Tob Anew 125% 124% 124% 121% Am Tob B new 126 Con Cigars ... 37% General Cigar ... 38% 39% Llg At Mvers B 81 80% 80% 80% Lorlll&rd 19% 19% 19% 19% Remolds Tob... 52% 51% 51% 52% Tob Pr A 11 United Clg ... 5% Utilities— Abttlbi 5% 4% Adams Exp 17% 16% 17V* 17V* Am For Pwr ... 37% 36% 36Va 38% Am Pwr At L 1... 42Va 41 % 41% 42V* A T At T 185 184% 185 184% Col Gas At El .. 34% 34 34Va 35 Com At Sou 9 8% 8% 9 El Pwr At Li.... 44V* 43V* 43% 44% Gen Gas A ... 5% 5% Inti T At T 35% 33% 34V* 35% Natl Pwr At LI.. 29% 38% 38% 28% No Amer Cos 73 V* 73% 72% 73% Pae Oas At E 1... 47% 47% 47% 47% Pub Ser N J 86% 80% 86% 87 So Cal Edison 45% 44Va Std O At El 69% 69 V* 69 % 70 V* United Corp .... 25 34% 24% 25% Ut Pwr At L A.. 25 24% 34% 25 West Union 119 119% Shipping— Am Inti Corp... 16% 15V. 18% 16 Inti Mer M pfd. 9% 9% 9% 10 No Gm Lloyd .... .. ... 36% United Fruit 60 Foods— Am Sug 54% 54V* 54% 65Ve Armour A 2% 2 2 2Vs Cal Pkg 26% 25% 25% 26 Can Dry 44% 44% 44% 44% Childs Cos 21 V a 21 Va Coca Cola 147 Cont Baking A ..., 15 17 Corn Prod 74% 7* 74% 75 Crm Wheat 28% ... Cudahy Pkg ... 41% Cuban Am Sugar . . 5 5% Gen Foods 48% 48V* 48% 49 Grand Union .. 17% 16% 16% 17 Hershev ... 96% ... Jewel Tea 46% 45% 46V* 46 Kroger 30% 30% 30% 30% Nat Biscuit 68 06% 66% 67 Purity Bak ... 32% Safeway St 57 58% Std Brands 19 18% 18% 18V* Ward Bkg 4% 4% Drugs— Coty Inc 10% 10 10 10% Lambert Cos .... 72 71% 71% 72 Lehn At Fink 27 Industrials— Am Radiator ... 15 15% Bush Term 23% 23 Certalnteed ... ... 5% Gen Asphalt 26% 36 V* 36% 26% Lehigh Port 11 10% Ohio Elev 41% 41 Indus Chems— Allied Chem 132% 130% 130% 133% Com Soiv 15% 15% 15% 15% Union Carb 55V 34 54 % 55% U S Ind Alco 32% 32 32 32%
Investment Trust Shares
(By Gibson Ac Bernard) PRICES ARE TO 12 NOON C. S. T. —June 29Bid. Ask. Amer Pound’s Corp com 3% 3% Am Ac Gen Sec A 13 Am Inv Trust Shares 4% 5% Basic Industry Shares 5% 6% Corporate Trust Shares 5% 5% Cumulative Trust Shares 67’ 7% Diversified Trustee Shares A.. 15 First American Corp 7% BVa Fixed Trust Oil Shares 4% ... Fixed Trust Shares A 13% Inv Trust N Y 6% 7% Leaders of Industrv, series A. 7% ... Nation Wide Secuir’tles 6% 6% National Industry Shares 5% 5% N Amer Trust Shares 5% 5% Sel Am Shares 4% 5% Shawmut Bank Inv Trust 7 9 Universal Trust Shares 5% 6% Super Corn of Am Tr Sh A.. 6% 6% Fundamental Trust Shares A. 6% 7% Fundamental Trust Shares A.. 7 7% U S Elec Light Ac Pwr A 29 31
Net Changes
By United Press NEW YORK, June 27.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: „ Cp. Off. American Can 113% 1% ... American Smelting 40 IV American Telephone 184% 2% . Atchison 173% % Auburn 193 .. 3 Bethlehem Steel 53% 3% Case 88% % ... Consolidated Gas 100 .. % Electric Power 44% ... % Fox Film A. 33V, % . General Electric 46% 1% General Motors 39 % International Nickel 16% % . . International Telephone 36 % . Kennecott 34% .. % LoeWs Inc 47% i% McKeesport Tin 88% 1% Montgomery Ward 33% % N Y Central 98% 1 . North American 73% 1% . . Paramount 38% % ... Radio 31% % ... Radio-Keith 17 % ..! Sears Roebuck 58% 1% ... Standard Oil of Cal 39% % ... Standard OH of N J 41% % ... Texas Corporation 34% % ... Union Carbide 55% % ... U S Steel 104% 3% ... Vanadium 38 3% ... West*house El 73 3 j... Wofcfin*ton Pump 57% 1%
Retail Store* Assoc Dry Ods 32% Glmbel Bros 6 Kresge S S 27% .. May D Store ... 36V* 35% 36% 35% Mont Ward 33 23V* 23 22V* Peny J C 34% Schulte Ret St 7% 8% Sears Roe 59 58 % 58% 59% Woolworth 70% 70 70 70% ] Col Graph .. 10% 10 10% 10% Eastman Kod 156% I Fox Film A ... 22% 21V* 22 22%; Grigsby Gru ... 4 3% 3% 3% I Loews Inc 48% 46% 47V* 47% ( Param Fam ... 28V* 27 28 28% Radio Corp 21 20 Va 20% 21% j R-K-O 16% 10% 10% 17 Schubert 3% Warner Bros ... 8% 8% 8% ... MUcellaneons— Congoleum 12% 12% 12V* ... Am Can 113% 111% 111% 113% Cont Can 55% 54V* 55 55% Curtiss Wr 5% 4 5% 3% OUlette S R 27 Vs 25 55% 27% Real Silk 10% 10 10% 11% Un A rest 31% 30 V* 30 V* 30 Va Int Harv 48% 47% 48% 48%
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis. 12c; henery ouality. No. 1, 14c: No. 2. 9c. Poultry (buying prices)—Hens weighing $ lbs. or over. 16c; under 5 lbs.. 15c; Leghorn hens. 14c; 1930 broilers, full feathered 2 lbs. and up. 23c; under 2 lbs.. 20c; bareback. 12c: Leghorn broilers. 18c: ducks. 9c; old cocks. B©9e: ducks, full feathered, fat whites. £c; geese. 6c. These prices are for No. 1 top oualltv. Quoted by Kingan At Cos. Butter —No 1. 25©26c; No. 2. 23® 24c. Butterfat—2oc. Cheese (wholesale selling price per pound—American loaf. 22c; pimento loaf, 24c: Wisconsin firsts. 17 %c; Longhorns, 17%c; Longhorns. 17%c: New York 11mberger. 30c. By United Press NEW YORK, June 29.—Potatoes—Market steady; Southern. $1.25@2 bbl.; Maine, $2 <b2.75 bbl.; Bermuda, $3.50 bbl.; Canada. $1.50 ((£1.65 bbl. Sweet Potatoes—Quiet; Jersey *baakets, $2©2.25. Flour—Market, steadv and dull; spring patents. *4.50© 4.60 bbl. Pork—Market, steady. Mess—s 23 bbl. Lard—Market—Steady. Mlddlewest— Spot. 8.50©8.60c. Tallow-—Market, steady; special to extra. 3%®3%c. Dressed— Poultry—Market, steady; turkeys. 25©45c; chickens. 23@28c; broilers, 25@38c; fowls, 12((i. 25c; Long Island ducks. 15©18c. Live Poultry—Market, dull; geese, 10@12c; ducks, 13©23c; fowls. 15©22c; turkeys. 12 ©2sc; roosters. 12@i3c; broilers, 20©33c. Cheese—Market, quiet; state whole milk, fancy to special, 13®23c; Young Americas, 14%®19%c. By United Press CINCINNATI. 0.. June 29—Butter higher; creamery in tub lots according to score 21@23c; common score discounted. 2@3c; packing stock No. 1,18 c; No 2,15 c; No. 3, 8c; butter fat. 18® 20c. Eggs—Steady; cases Included; extra firsts, 18c; firsts, 14c; seconds. 12%c; nearby ungraded. 15%c. Live Poultry—Thin and coarse stock sell only at heavy discount; fowls 5 lbs and over. 17%c; 4 lbs. and over, 15c; 3 lbs. and over. 14c; Leghorns 3 lhs. and over. 13c; roosters. 11c; broilers colored 1 lb. and over. 25c; 2 lbs. and over, 28c; fryers. 3 lbs. and over, 30c; partly feathered, 15@ 20c; Leghorn broilers 1 lb. and over, 20c; 1% lbs. and over. 23c; 2 lbs. and over, 23c; black springers, 20c. By United Press CHICAGO. June 29.—Eggs—Market, firm; receipts, 24,486 cases; extra firsts, 17c; firsts. 16%c; current receipts, 14 Vic; seconds. 12%c. Butter—Market, firm; receipts, 15,025 tubs: extras, 24c; extra firsts, 22%@23c; firsts. 21@22c; seconds, 19@20c; standards. 24c. Poultry—Market, firm; receipts, 4 tubs; fowls, 17c; springers, 29c; Leghorns, 13c: ducks. 14@17c; geese. 16c; turkeys. 18©26c; roosters, 12%c; broilers (2 lbs.). 27c; broilers under 2 lbs., 25c; Leghorn broilers 20®22 Vic. Cheese—Twin. 12%@13c; Young Americas, 12@12%c. Potatoes—On track, 2'9; arrivals, 327; shipments, 651; mark.; t weak; especially on sacked stock; Oklahoma, Arkansas and Mississippi sacked Bliss triumphs. $1.15@ lj30; Louisiana tTrlumphs, $1,[email protected]; North Carolina barrels Irish cobblers, $2.50 @2,60. By United Press CLEVELAND, June 29.—Butter—Extras, 28c; standards. 28c; market, firm. Eggs— Extras. 15%c; firsts, 15c; market, steady Poultry—Heavy fowls, 21c; medium, 22c; Leghorn fowls. 17c; heavy broilers, 25® 32c; Leghorn broilers. 17@22c; ducks, 15® 22c; old cocks. 12c. Potatoes—North Carolina cobblers, best, mostly [email protected] cloth top stave barrel; Virginia cobblers mostly $2.75 cloth top stave barrel. In the Air Weather conditions at 9 a. m.: East wind, 16 miles an hour; temperature, 87; barometric pressure, 30.03 at sea level; ceiling, unlimited; visibility, three miles; field, good. ‘Flying Cot' for Ruth By United Press ST. JOHN, N. 8., June 29.—Ruth Nichols, who was severely injured when her plane crashed here on a projected trans-Atlantic flight last week, will be placed on a cot in a plane leaving Tuesday for the tourney back to her home in Rye, N. Y. The young woman flier still is suffering so much that she can not stand. A plaster cast will be made to protect her back, which was sprained* on the return flight. She will be piloted by Clarence Chamberlin, her technical adviser. Start Speed Flight By United Press LYMPNE AIRDROME, England, June 29.—Captain Neville Stack and J. R. Chaplin, speed fliers, departed at 4:25 a. m. today for India in an attempt to fly to Karachi and back in six days. • Fliers to Sail Back By United Press COPENHAGEN, Denmark, June 29.—0tt0 Hillig and Holger Hoiriis, Trans-Atlantic fliers, plan to sail back to the United States on July 9, leaving Le Havre, France, on the liner Paris, they said today. Blimp to Visit City A Goodyear Blimp will pay a visit to Hoosier airport Thursday, according to word received today by airport officials.
Indianapolis Stocks
—June 39 Bid. Ask. American Cent Life Ins Cos.. 1,000 Eelt R R & 8 Yds Cos com.. 29% 35 Belt RR & S Yds Cos pfd 6s 49% 55 Bobhs-Merrill Cos 20 25 % Central Ind Pow Cos pfd 75... 72 •Circle Theater Cos com 75.... 100 Citizens Gas Cos com 10s 21 Citizens Gas Cos pfd 5s 96 101 Common with Loan Cos pfd 7s. 97 102 Commonwealth In Cos pfd 85..100 •Hook Drug com 8% ... Indiana Hotel Cos Claypool... .105 Ind Hotel Cos pfd 6s 100 Indpls Gas com 6s 56% 58% Indpls Pw & Lt Cos pfd 6%5.103% 105 Indpls Pub Wei Ln Assn cm 8s 50 ... Indpls Wa Cos pfd 5s 100 Pub Servos Ind 7s 97 101 Pub Servos Ind 6s 80 87 Metro Loan Cos 8s 101 North Ind Pub Ser Cos pfd 5%s 95 98 No Indiana Pub Sv Cos pfd 6s. .103 106 No Indiana Pub Cos 7s 111% ... E Rauh & Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 9% ... Ter Haute Tr & Lt Cos pfd 65.. 80 Union Title Cos com 3s 15 Van Camp Prod Cos Ist pfd 93 Van Camp Pfod Cos 2d pfd 8s .. 93 •Progress 17% Backstay Welt Cos com 13 16 Ind Pipe Line Cos 11% 12 Link Belt com 21 33 Lynch Glass Machine Cos com 17 18 Noblitt Sparks Industrials Inc 41 42 Perfect Circle Cos com 33% 34% Real Silk Hosiery Mills 1nc.... 9% 10 Standard Oil Cos ilndiana) 37% ... Ross Gear 19 20 Natl Title 5% 6% J D Adams Manufacturing Cos 18 20 •Ex dividend. BONDS Bid Ask. Belt R R dz St Yds Cos 4s 92 Cent Ind Gas Cos 5s 99 Cent Ind Power Cos 6s 100 Citizens Gas Cos 5s 100 Citizens Street Railroad 5s ... 20% 25% Home T AT of Ft Wavne 85..102% ... Ind Rallw & Light Cos 5s 93 Indpls Pew & Lt Cos 5s 104 Indpls Gas Cos 5s 103 Indpls Street Rys 4s 13 Indpls Trac Terminal Cos 55.. 42 45 Indpls Union Ry 5s 103 Indpls Water Cos 5%s ’54 104% ... Indpls Wat Cos Ist lien ref ss. 100 Indpls Water Cos 4%s 100 101% Indpls Water Wks Sec Cos 55.. 90 Interstate Pub Ser Cos 4%5.. 93% ... Interstate Pub Ser Cos (B' 6%5.105 Interstate 5s 99 No Ind Pub Serv Cos 5s 103 Terre H T & L 5s 93 SALES Indpls Water Op 4%s 1 bond at ......10C
THE INDIANAPOLIS TIMES
PORKERS SHOW LITTLE ACTION AT CITY YARDS Cattle Trade Practically at Standstill; Sheep Sell Off. June Bulk Early Top. Receipts. 22. *7.35® 7.65 *7.65 4,500 23 7.356 7 65 7.65 7.500 24 7.106 7-50 7.50 7.000 25 6.90® 7.60 7.00 5.000 l 26. 6.95® 7.65 7.65 5,000 27 7.00 6 7.65 7.65 1.500 2? 6.906 7.60 7.65 5.500 < Hogs were slightly dull at the 1 opening of week's trade at the city yards this morning, prices holding steady to 10 cents lower. The bulk, 140 to 300 pounds, sold for $6.90 to $7.60; early top, $7.65. Receipts were I estimated at 5,500; holdovers were 101. No dependable action was appar- j ent in the cattle market. Trade was practically at a standstill. Receipts were 500. Vealers held steady at $7.50 down. Calf receipts were 400. Sheep showed a somewhat weaker tone with the bulk of lambs selling at $6.50 to $7.50. Top price paid was srf. Chicago hogs today sold around 10 to 15 cents lower than Friday’s average on lightweights. Good to choice hogs from 180 to 220 pounds were selling at $7.25 to $7.30, while early top held at $7.40 for choice of 180 pounds. Cattle receipts were 12,000. Calves 2,000, market steady. Sheep receipts, 12,000, and steady. HOGS Receipts, 5,509; market, higher. —Light Lights—-(l4o-1601 Good and choice.. * 7.50 —Light Weights—-(l6o-180) Good and choice.... 7.606 7.65 (180-200) Good and choice.... 7.60© 7.65 —Medium Weights—-(2oo-220) Good and choice 7.35© 7.55 (230-250) Medium and good.. 7,15© 7.45 —Heavy Weights—-(2so-290) Medium and g00d... 6.90© 7.25 (290-350) Medium and g00d... 6.65© 6.90 —Packing Sows—-(27s-500) Medium and good., 4.75© 5.75 (110-130) Slaughter pigs 7.25© 7.40 ! CATTLE (Slaughter Class) Receipts, 500; market, steady. —Steers— Good and choice 5 7,.00 © 8.50 Common and medium 5.25© 7.00 (1.100-1,500) Good and choice 6.75© 8.25 Medium 5.75© 6.75 —Heifers—-(soo-850) Good and choice 7.00@ 8.50 Common and medium 5.00© 7.00 —Cows— Good and choice 4.50© 5.50 Common and medium 3.25® 4.50 Low cutters and cutters .... 2.00® 3.25 —Bulls (yearlings excluded) Good and choice beefs 3.50® 4.50 Cutter, common and medium. 2.00@ 3.50 CALVES AND VEALERS Receipts. 400; market, steady. Good and choice'.. * 7.00® 7.50 Medium 5.00® 7.00 Cul and medium 3.00© 5.00 —Calves—-(2so-300) Good and medium 5.00@ 7.00 Common and medium 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice S 5.25® 7.25 Common and medium 4.00® 5.25 (800-1.500) Good and choice 5.50© 7.25 Common and medium 4.00® 5.50 SHEEP AD LAMBS Receipts. 900; market, steady. Good and choice $ 6.50© 8.00 Common and medium 4.00© 6.50 Ewes, medium and choice.... I.oo® 2.25 Cull and common 50© 1.00 Other Livestock CHICAGO, June 29.—Hogs—Receipts, 40,000. including 10,000 direct; best light kinds. 5© 15c lower than Friday; heavier weights and packing sows, 15©26c down; bulk, 160-220 lbs, [email protected]; top, $7.45; 230-300 lbs., [email protected]; pigs. $6.75®7.15; packing sows, $4.50@5; light weights to $5.50; light lights 140-160 lbs. good and choice, [email protected]; light weights. 160-200 lbs., good and choice, [email protected]; medium weights, 200-250 lbs., good, and choice, $6.90 ©7.45; heavy weights, 250-350 lbs., good and choice, [email protected]; packing sows, $2.75 @5 lb. medium and good, $4.40®5.50; slaughter pigs, 100-130 lbs. good and choice, $6.75©7.25. Cattle—Receipts. 12.000; calves, 2,000; very little done; waterfllls excessivefew early sales around steady on all killing classes; early top fed yearlings, SBJS; slaughter cattle and vealers; steers, 600-100 lbs., good and choice, [email protected]; 900-1,100 lbs. good and choice. [email protected]; 1,100-1,300 lbs., good and choice, $6.50© 8.50; 1.300-1.500 lbs. good and choice. $6.25 @8" 600-1,300 lbs. common and medium, $5®6.50; heifers, 550-850 lbs., good and choice $6.50®8.25; common and medium, [email protected]; cows, good and choice, [email protected]; common and medium. $3.25@4; low cutter and cutter, $2©3.25; bulbs (yearlings excluded), good and choice (beef) [email protected]; cutter to medium, $3.25®4.25; vealers (milk fed), good and choice, $6.50@8; medium, 5.50®6.50; cul and common , [email protected]: stocker and feeder cattle: Steers, 500-1.050 lbs., good and choice, 55.75®7.25; common and medium. $4.25®5.75. Sheep—Receipts, 12,000; generally 25c or more lower; good and choice native lambs, [email protected]; Oregons unsold; few fed yearlings, $4.50© S5; best held higher; most fat ewes. sl© 1.50; slaughter sheep and lambs; lambs, 90 lbs. down, good and thoice. *7.25©8.25; medium, [email protected]; all weights common, $4®5.50: ewes. 90-150 lbs., n-edium to choice, [email protected]; all weights cull and common, 50c to $1.25. By United Press EAST BUFFALO, June 29.—Hogs—On sale, 4,000; active, fully 15c higher; bulk desirable 120-220 lbs., $8.15; 230-260 lbs., $7.75@8; 300 lbs., 750; packing sows, $5.10 ©5.75. Cattle—Receipts, 1,300; two-way trade; dry feds 1,000 lbs. down, weak to 25c lower; other stock unevenly 25@75c under last Monday; slow at decline; fed yearlings, steers and heifers, $8.25; others [email protected]; weighty steers unsold; fleshy grassers, $6; plainer kinds downward to $4.50; fat cows, s4@s; cutter grades, $1.50 ©3.25. Calves—Receipts, 1,300; vealers unchanged, $9 down. Sheep—Receipts. 2,600; holdover, 800; bulk good lambs fairly active; medium and lower grades draggy; market generally steady; good to choice moderately sorted, sB®B 50; few choice Kentucky ewes and wethers, *9; bulk, $7.50@8; throwouts, [email protected]. By United Press PITTSBURGH, June 29.—Hogs—Receipts 2,000; market, mostly steady; 140-220 lbs., $7.90®8.10; 220-250 lbs., [email protected]; 260320 lbs., [email protected]; 100-130 lbs. $7.75 ©8; packing sows, $5®5.50. Cattle—Receipts, 800; market, slow, around 25c and more lower; good steers. $6.75©8; medium to good heifers, [email protected]; better grade cows, s4@s. Calves—Receipts, 900; market, steady; good and choice vealers, $7 @8.50; choice and medium, $3.50©6. Sheep —Receipts, 2,000; lambs, slow, mostly steady; extreme to top, $8.50; other good to choice lambs, $6.75@8. By United Press TOLEDO, June 29.—Hogs, receipts, 350; market steady to 10c lower; heavies, $6.50 (ft 7; mediums, 57©7.25; Yorkers, $7.25© 7.40; pigs, [email protected]. Cattle —Receipts, | 50; market, steady to 50c lower. Calves— j Receipts, light; market, steady. Sheep— ! Receipts, light; market, steady. By United Press CINCINNATI, Q., June 29.—Hogs—Receipts, 2,300; holdovers, 195; most steady except weighty kind, these tending lower; sows, 25©50c lower; general market closed slow, weak; bulk 170-230 lbs., $7.85; a few 240-260 lbs., [email protected]; 270-290 lbs., s7® 7.25; 120-160 lbs., $7.50; most sows, $4.50® 5. Cattle —Receipts. 800; calves, 500; slow, most early sales steady with last week’s close; some in-between cows slightly lower; lew cutters, firm; lower grade grassy cattle very dull; bulk unsold; vealers and bulls about steady; most grass steers and heifers, ss©6; a few better kina, $6.50®7.50; two loads of good dry fed heifers, *8; butcher cows, largely $3.50©4.50: low cutters and cutters, sl.is@3; most bulls, s3© 4; a few $4.25; good and choice vealers, [email protected]; lower grades, $6.50 down. Sheep —Receipts. 3,000; steady to weak: less desirable quality and wet fleeces considered most desirable lambs, $7.50©8; choice j ewe and wethers scarce: quotable $8.25© 8.50; buck lambs, largely s6@7; seconds, *s@6; very thin kind, *4 down; clipped ewes, *l®2. By United Press FT. WAYNE. Ind., June 29.—Hogs—Market. steady: 100-140 lbs., $7; 140-160 lbs.. 57.15: 160-180 lbs., $7.30: 180-200 lbs.. $7.40: 200-220 lbs.. *7.20; 200-220. $7.30; 220-240 lbs.. $7.20; 240-260 lbs.. $7.10: 260-280 lbs.. $6.90: 280-300 lbs.. $6.70; 300-325 lbs., $6.50; 325-350 lbs., $6.25; roughs. $4.75; stags, $3.50; calves, *7.50; lambs, *7. By United Press EAST ST. LOUIS. HI.. June 29 —Hogs— Receipts. 9.000; induing 1.500 through and direct; opening trade uneve. moderately active on lightweights: verv slow on butchers; generally 10® 20c lower than average Saturday; meximum decline on weighty hogs: top. *7.40; most 210 lbs. and down. *7.35©7.40; 220-260 lbs.. *[email protected] downward to *6.25 on extreme heaveis: sows 25c lower: largely *4.50©5. Cattle—Receipts. 3.500; calves. 2 500; Indications about steadv on fat steers, mixed yearlings and heifers and lower on Texas steers: cow-stuffs and medium bulls steadv: vealers 25c higher; top, *7.75; cows. *3.3564; low cutters. *2.20©2.25; medium bulls. *3.75 down. Sheep—Receipts. 6,500; market, slow; few early sales and bids 25@50c under close last week; sheep unchanged; a few lambs to butchers. *7.75©*: packer sales, *7 35 and *7.50; fat ewes Quotable *l6-2.
BELIEVE IT or NOT
A democratic Ticket in ’ Sweetwater County, Wyo. V CHE APS IDE jr, ,s r wealthiest part Rebate Jud $y 1 °f London A little, old Toothless man weighing but 8o lbs w IS THE LEADER OF MOPE PEOPLE, THAN ANy MAN on EARTH \ \ travels 380 MILES England rirpiirY —1 _J° An D FROn WORK —— ■ ‘-‘ n — (,'29 (Yorkshire to London) G SV,ltta( Features SynSlcU, lor, CMMw, r M. “ EVERY DAY/
Dow-Jones Summary
Atlantic Coast Lines May net operating income $848,730. against $421,590 In May. 1930. Five months $5,734,344, against $5,741,173. Chicago & Eastern Illinois May net operating deficit $163,010. against net operating income' $3,191 in May, 1930. Five months net operating deficit $784,944, against deficit $235,015. Copper Exporters, Inc., has advanced the price of copper % cent to 9.275 cents a pound c. i. f. Hamburg, Havre and London. Unite States Radiator Corporation omits quarterly dividen of *1.75 on preferred stock, due to be paid July 15. Tennessee Central May net operating income $21,286, against $42,296 in May. 1930. Five months *84,191, against *68,741. New’ York cables opened in London at 4.86 15-32. unchanged; Paris. checks. 124.27; Amsterdam, 12.092; Italy, 92.975; Berlin. 20.50. Wesson Oil and Snowrdrift earned *1.50 a share in nine months ened May 31, against $1.73 a year ago. Stocks of crude rubber in London on June 27 totaled 83,441 tons, a decrease of 478 tons from preceding week. Liverpool stocks totaled 54,086 tons, decrease of 336 tons from preceding week. Indian Tire and Rubber Company unit sales in first four months to April 30 totaled 131,031 tires, against 67,757 in year ago. Chevrolet estimated June sales above year ago. Predicts gain for each remaining month, of year over 1930 figures. Lehigh Portland Cement Company plant at Mitchell, Ind.. resumes operations after being idle since last December. General Cable Corporation has advanced price of bare copper wire % cent a pound to 10% cents in carload lots. Rapid transit and surface lines in 1930 carried 3,325,300,000 passengers, which is 30,700,000 below 1929. National bank of Jugo-Slavia raises discount rate to 6% per cent from s'/z per cent. The Outlet Company declared a regular quarterly dividend of *1 on common stock, payable Aug. 1, of record July 20. Canadian Hydro-Electric Corporation and subsidiaries in twelve months to April 30, earned $16.34 a share on 6 per cent preferred stock, against $10.38 a share in previous twelve months.
Local Wagon Wheat
City grain elevators are paying 50c for No. 1 red wheat and 48c for No. 1 hard wheat. Other Livestock By United Press CLEVELAND. June 29. —Hogs—Receipts, j 2.100; holdovers. 108; steady to 15c higher: 1 150-230 lbs., $8; most pigs. $7.85; 240-303 lbs., [email protected]. according to weight; rough sows. $5. Cattle Receipts. 750; uneven, around steady; dry fed kinds at upwards to $8: grassy and plain offerings slow; bulk around $6.5C'®7.25; few cutter steers downward to $5; little interest in cows and bulls. Calves —Receipts, 800; strong to mostly 50c higher; $9 paid freely for lightweight vealers; medium weights sorted, sparingly $9.50; heavy grass kinds. s7@B; culls downward to $6.50 and under. Sheep—Receipts. 200; lambs active, 50c to $1 higher; good kinds largely $7<!|8.50: few choice. $9; cull to medium, $5.50<&7; sheep scarce, steady. GAMBLERS ARE WARNED “They’ll Ply Trade in County Jail,” Says Cleveland Sheriff. By United Press CLEVELAND, June 29.—There will be no gambling in Cleveland before, during or after the Schmel-ing-Stribling fight, Sheriff John L. Sulzmann said today as he ordered his men to “clean up” gaming houses in the city and suburbs. “I will not permit professional gamblers to make a ‘cleaning’ here this week,” the sheriff said. “They will ply their trade in my hotel (the new county jail) if they start preying on those w’ho come here for the fight.” EXPAND~MONEY SERVICE Western Union and American Express to Co-operate in New Plan. As part of a national service program, Western Union offices here Wednesday will begin co-operation with the American Express Company in dispatching money orders through mediums other than teleraph, according to A. A. Brown, local superintendent. The service is separate from telegraphic money orders, and has been on trial in the east since December. Filling Station Man Robbed Two gunmen today robbed W. B. Reaser, Sinclair filling station attendant at 5400 East Washington street, of $55, he informed police.
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 Saturday’s Times: Professor B. G. Burt —Professor Burt, a champion of endurance piano playing, played for 206 hours 47 minutes at Jamestown, N. Y., without having both hands off the keys at the same time. His endurance work is of a scientific nature, and during his engagements, both in America and Europe, he often has played 5,000 musical compositions from memory, without a pause, Professor Burt’s home is 7 West St. Clair street, Warren, Pa. Max Flack Played on Two Teams the Same Day —On Decoration day, 1922, the St. Louis Cardinals played morning and afternoon games in Chicago with the Chicago Cubs. Flack played right field for the Cubs and Heathcote played the same position for the Cardinals in the morning game. At noon Manager Rickey of the Cardinals conferred with President Veeck of the Cubs, and the two players were traded. In the afternoon game Flack showed up in right field for the Cardinals and Heathcote in the same position for the Cubs, Heathcote thus sharing honors with Flack for playing on two teams on the same day. Tuesday: A Governor Who Never Saw His Province. Births Boys Arvel and Lillie Morgan, 1439 North Denny. James and Gladys Eads, 1346 South Harding. Louis and Ernestine Coons, 2339 Paris. Raymond and Opal McFall, 1141 Berwick. Vilous and Dorothy Goodlet. 1137 North Pershing. Ralph and Ruth Luthe. 439 Shelby. Doll and Mary Wright. 1137 Vandeman. Clarence and Violet Fortner. 3318 North Station. Hendrick and Rose Dinkla. 3650 East Thirty-fourth. Thomas and Edna Wilson, city hospital. Albert and Vester Deeker. city hospital. Robert and Rosalind McDonald, city hospital. Arthur and Elizabeth Wniter, city hospital. Vaughn and Frieda Green. Coleman hospital. Clarence and Evelyn Lockwood. Coleman hospital. Perry and Marjorie Shaw, Coleman hospital. Girls Harold and Opai Nichinger, 745 North King. Avery and Lela Smith, 1533 Steele. Fred and Elizabeth South. 1313 East Market. John and Nellie Sullivan. 415 Arbor. Samuel and Loraine Washington. 922 Hadley. Herbert and Margarert Stewart, 1910 South Belmont. Albert and Mamie Shropshire, city hosrltal. Roy arfd Juanita Neal, city hospital. Floyd and Lola Trickier, city hospital. Vinnie and Blanche Birdwell, city hospital. Victor and Bess Reithel, city hospital. Lockwood and Ella Mcuoy. 12 y i.„asas. David and Ruth Light. 308 West Ohio. Lloyd and Ua Roberts. Coleman hospital. Deaths Adeline Harwood, 63, city hospital, acute myocarditis. Irwin Hampton Free, 30, city hospital, cardio vascular renal disease. Albert Dickeroff, 73, 320 East Vermont, chronic nephritis Ellen Humprey, 62, 2018 Boulevard place, interstitial nephritis. Mary Wasson, 77, 530 East Vermont, chronic nephritis . William Sproule, 72, city hospital, carcinoma. Zeddie Cox, 13, White river, accidental drowning. Margaret Albertson, 78, St. Vincent’s hospital, accidental. John Baker, 21, city hospital, myocarditis. Nancy M. Johnson, 77, Schreiber sanitarium. cerebral apoplexy. William Browning, 42, Long hospital, chronic nephritis. Esther Enos, 33, Methodist hospital, thyroid toxicosis. Harry Lee Fassett, 19, city hospital, lobar pneumonia. Charles Maurice Bonesteel. 42, 2270 Parker, acute dilatation of heart. John Ar.weiler, 81. 911 South Noble, atrerio sclerosis. Thomas H. McClain, 77; 1631 Linden, arterio sclerosis. Marguerite Coffin, 19, city hospital, general peritonitis. : James R. White, Louisa Gue, 72, 331 j West Thirtieth, influenza. Riley B. Fullea, 31, Long hospital, geni cral tuberculosis. George W. Kazie, 70, 1350 South Belmont, gastric ulcers. Rose Marie Bolton, 1, city hospital, : broncho pneumonia. Jess Lee Brown, 48, 1314 Lawton, chronic j myocarditis. I Mathias Haberer, 82, 45 North Denny, : obstruction of bowels. Adelia Henley, 89, 28 East Thirty-second ; oedema of lungs. Laura Symons, 57, Long hospital, intestinal obstruction. Milka Matick, 42, 703 Ketehem, chronic myocarditis. Josephine Zgone, 10 months, city hospital, broncho pneumonia. Margery Osborne, 32, Central Indiana hospital, chronic ileocolitis. Edward Eugene Johnson. 7 days, city hospital, broncho pneumonia. Former Resident Dies By Times Special MARION, Ind., June 29.—Mark L. Swayzee, 67, former Marion grocer, is dead at his home in Los Angeles, according to word received here by friends.
i-C *7 Registered O & U y Patent Office RIPLEY
Mr. Fixit your troubles to Mr. Fixit. He It The Timet representative at the city hall and will be glad to present your ease to the proper city officials. Write him in care of The Times, signing your full name and address. Name will not be published.
Mr. Fixit—The lot next to us at 209 North Warman av&nue is grown up in weeds and has been vacant almost two years. Please see that we get something done. MRS. E. M. A health board inspector, who investigated reports he sent a notice to the owner, living In Greensburg, to clean the lot within ten days. The inspector said he would check up later to see If the order is complied with. Mr. Fixit—ln a building at Is a case, the kitchen of which is so dirty that it is dangerous to health. L. D. This case was inscpected by a health board inspector who reports he found a pretty bad condition, but not as bad as stated In the letter. He gave an order to clean the place within ten days, to Install running hot water, clean the basement and make other necessary changes, and will investigate in ten days to see if the order has been complied with. Mr. Fixit—Could you please get the city to oil Beechwood avenue from Good to Arlington avenue. The dust is so bad it nearly is unbearable. MRS. L. R. H. W. H. Winship, street commissioner, has promised to Investigate this situation.
The City in Brief
TUESDAY EVENTS Rotary Club, luncheon, Claypool. Gvro Club, luncheon, Spink-Arms. Mercator Club, luncheon, Columbia Club. Architectural Club. luncheon. Architects’ and Builders' building. Purchasing Agents’ Association, luncheon. Severin. American Chemical Society, luncheon. Chamber of Commerce. Universal Club, luncheon, Columbia Club. University of Michigan Alumni, luncheon, Lincoln. North Side Exchange Club, luncheon, SBIO College avenue. Alliance Francalse, luncheon. SpinkArms. Ind<anapolis Republican Veterans, luncheon. Board of Trade. Indianapolis League of the Hard of Hearing. 7 p. m., Stokes building. A lecture and series of pictures will be presented July 10 at the Athenaeum by Thomas B. Mulroy, Byrd Antarctic expedition chief engineer. No admittance fee will be charged for the lecture, which will be open to the public. LIONS WILL CELEBRATE Club to Install Officers at Weekly Meeting at Lincoln. The Lions Club of Indianapolis will celebrate another birthday this week, and will install officers at the weekly meeting Wednesday in the Lincoln. Last meeting of the present directors will be tonight at Avalon Country Club. Many local Lions will go to Seymour Saturday for a picnic sponsored by the club there. Arrivals and Departures Municipal Airport—A~thur Caperton, Chicago to Louisville, Fleet. Mars Hill Airport (Curtis-Wright) —J. A. Chambers, Cincinnati to Chicago, Great Lakes; Herbert Putnam. St. Louis to Pittsburgh, Monocoupe; A. L. Caperton, Louisville to Chicago, Fleet; E. L. Slack, St. Louis to Boston, Curtiss Junior. Hoosier Airport—Harry Boggs to Monticeilo, Travel Air; Carl Millikan, to Monticeilo, Curtiss Robin.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS Now Hark Stock Exchange Chicago Stack Exchange New Yorh Cotton Exchange Chicago Beard of Trade New York Carb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501
JUNE 29,1931
CORN FUTURES SWING UPWARD ON HEAT NEWS Wheat Prices Up Sharply on Bullish Farm Board Report. BY HAROLD E. RAINVTLLE United Fret* Staff Cerreieondent CHICAGO, June 29.—Profit-tak-ing erased goodly portions of tl* advance on the Board of Trade today after the week and more of torrid weather had sent coarse grains soaring to the highest points since March, for oats, and December for corn. Oats were 64 to cents above the season's low set two weeks ago, with com 8% to 10% cents over its low point. Oats rose 24 to 2% cents and corn 2 to 24 cents early in the broadest trade in some months. Expect Definite Stand Wheat went to the highest since the middle of May on the strength in the coarse grains and the prospects of a more definite stand by the farm board. At the close wheat was 4 cent to 14 cents higher, corn was unchanged to % cents up and oet* were 14 cents to 14 cents higher. Provisions were firm. Liverpool reversed itself and rallied sharply after the North Ameri can markets opened, closing 4 cen to % cent higher. Members of th farm board have not altered thel position on their expressed policj but at the instigation of the Presi dent are likely to make a mor definite stand by Wednesday. The cash market was inactive. Receipt.* were 136 cars. Corn Trade Heavy The continued hot and dry weather for the last six days has caused a material change in sentiment, and corn shot up more than 2 cents at the start. Trade was exceptionally heavy and the large receipts over the week-end were disregarded. Cash prices were 1 to 14 cents higher. Receipts were 546 cars. Oats bounded upward in almost sensational fashion with the deferred months reaching new high* for the season. Trade was fully as active as in the other pit' Cash prices were 14 cents to i cents higher. Receipts were 2. cars. Chicago Grain Table —June 29 WHEAT— PrevOpen. High. Close. Low. Close. June.. .67% .69 .67 .69 .67 Julv... .58% .59% .57% .58 .57% Sept.. .59% .61% .59'% ,59V* .59% Dec 54% .65% .64% .64% .63% CORN— July... .61% .63% .61% .61 Va .61% Sept... .60 V* .61% .60 .60'/* .59% Dec 54% .55% .54% .54% .53% OATS— Julv... .30% .31% 30% .30% .29 Sept... .31 32% .30% .31 .39% Dec 33% 34% 33% .33% .32% RYE— July.. .38% 39% .38% 38% .38% Sept.. .41 41% .40% 41 .40% Dec.... .45 .45% 44% 44% .44% LARD— July.. 8.30 8.25 8.17 8.33 8.20 Sept.. 8 30 8.37 8.30 8.37 8.35 Oct... 8.30 8.37 8.30 8.37 6.50 Dec .... 8.15 BELLIES— July.. 8.85 8.85 8.82 8.82 8.82 Aug 8.87 8.8 V Sept 9.00 9 05 By United Press CHICAGO. June 29.—Carlots; Wheat. 76 corn, 207; oats. 9; rye. 0. and barley. 2 GREENLAND COAST SEIZED BY HUNTERS Denmark Awaits Explanation From Norwegian Government. By United Press COPENHAGEN, Denmark, June 29.—A sensation was caused in Denmark today by the occupation of a section of the east coast of Greenland by a party of Norwegian hunters. Premier T. A. M. Staunting said he awaited Norway’s official explanation before he could issue a statement. It was understood here that the Norwegian cabinet was assembling immediately and that the occupation had come as a surprise to the government at Oslo. Greenland has been a Danish possession for centuries. L. Koch has been doing research work along the east coast, an area which has been under dispute with Norway from time to time. MASTODON TOOTH FIND MAY BRING SCIENTISTS Almost Perfect Specimen Taken From Creek Near Franklin. By Times Special FRANKLIN, Ind., June 29.—Finding of an almost perfect specimen of a mastodon tooth near here is expected to direct attention of scientists to Johnson county. The tooth was found in Young's creek by Joseph Cisco, son of Mr, and Mrs. Anse Cisco. It was examined by Professor C. A. Deppe, head of the Franklin college biology department. Cisco intends to search further, in the belief that a skeleton of the prehistoric animal may be found. The tooth weighs four and onehalf pounds. It is six and one-half inches high. Killed in Plane Plunge By United Press SAN MATEO, Cal., June 29.-*, Walter Erickson was killed when a home-made plane, built by Gomez, 30-year-old aviation enthusiast, sideslipped in a steep bank, went Into a power dive and crashed. Gomez, who was piloting, was injured seriously.
8 % American Loan Company preferred. Umphrey & Hartz 820 Circle Tower LI ncoln 5222
