Indianapolis Times, Volume 43, Number 51, Indianapolis, Marion County, 9 July 1931 — Page 12

PAGE 12

STOCK SHARES FIRM IN DULL SALESVOLUME Encouraging Reports From Germany of Aid to Bulls.

Average Stock Prices

Average of tblrtv Industrial* for WednesCay was 143.83. off 2.09. Average of twenty rails was 81.21, off 18. Average of twenty utilities was 58 37. off .84. AverMe of forty bonds was 95.95. up .07. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July 9.—The stock market moved In a narrow range today with business on a small *jJ'-* The list firmed up around the end of the first hour on more f* . couraging German news. Hans Luther, president of the Reichsbank, arrived in London, where it was reported he was to negotiate a large loan to tide over German finances in the present difficulty. * Rcichsbank Improves The Relchsbank report for the fcreek ended June 7 showed a tnarked Improvement as compared With the previous week, and a good showing was made by the Bank of England and the Bank of Prance. flThe Spanish banking situation was reported improved, with the larger banks helping out the smaller infetitutions in difficulty. Steel common held around the Jjrevious close of 96Vs after touching a low of 95%. American Can blso recovered an early loss and bther leading industrials were holding at or slightly above Wednesday night’s closing levels. Fox Film Sold Belling went ahead in Fox Film A, on a poor first quarter earnings report. General Motors moved up bn its June sales increase; Dupont, largest General Motors stockholder rose fractionally. Utility shares made fractional gains under the lead of Consolidated Gas. Railroad shares rose on an Increase in car loadings. Oils held fairly despite price reductions. Coppers sagged off on a cut in the metal to 8 cents a pound Wednesday. Anaconda lost nearly a point to 16%.

Bank Clearings

INDIANAPOLIS STATEMENT _ —July 9Clearings $5,602,000.00 Debits 6.248,000.00 CHICAGO STATEMENT —July 9 desiring* $65,900,000.00 Balances 12,700.000.00 TREASURY STATEMENT —July 9 Net balance for July 7 $420,372,545.23 Expenditures 14,279.828.50 Customs rects. mo. to date.. 5,842.130.36

New York Curb Market

(By Thomson & McKinnon) —July 9 11:301 11:30. Alum Cos of Am. 130 (Midwest Ut ... 17* Am Cvnamtd .. 8 Nat Fam Stores 4%| Am Gas it Elec 65%INewmont Min.. 30 Am Sup Pwr.. ll%|Nla Hud Pwr. 11% Ark Gas A ... 3%|Penroad 6'* Ass Gas it El A 13%! Shenandoah .. 4% Braz Pwr it Lt 21%|80 Union Gas .. 8 Cent Sts Elec.. 7%iStd of Ind 26% Cities Serv .... 11* Std of Ohio ... 42% Cord 8% Un Gas 6% Elec Bnd Sh ... 41% Un Lt it Pwr.. 21* Ford of Can ... 16% Un Verde .... 12% Fox Thea 2% Ut Pwr B 8% Goldman Sachs. 5% Vacuum Oil .... 41'* Insull Ut 29% United Fndrs.. 6* Int Pete 11*1

Investment Trust Shares

(By Gibson it Bernard) PRICES ARE TO 12 NOON C. S. T. —July 9 Bid. Ask. Amer Founds Corp Com 3'* 3% Am & Gen Sec “A 1 ’ 13 ... Am Inv Trust Shares 4* 5 Basic Industry Shares 5 5% Corporate Trust Shares 4% 5* Cumulative Trust Shares ..... 6* 6% Diversified Trustee Shares "A” 15 ... First American Corp 7* 7% Fixed Trust Oil Shares ....... 3% ... Fixed Trust Shares “A” 12% ... Inv Trust NY 6'* 7* leaders of Industry Series “A" 6% ... Nation Wide Securities 5% 6% National Industry Shares 5* 5% N Am Trust Shares 4% s'* Bel Am Shares 4'* 5 Bhawmut Bank Inv Trust 7 9 Universal Trust Shares 4% 5% Super Cor of Am Trust Sh "A” 51'* 6* Fundamental Tr Shares “A”.. 6* 6% Fundamental Tr Shares “A”.. 6* 7 U S Elec Light it Pwr “A” 28* 30*

New York Bank Stocks

(By Thomson & McKinnon) —July 8 — Bid. Ask. America 45 48 Bankers 92 5 a 98*2 Brooklyn Trust 425 440 Central Hanover 220 222 Chase National <4 Chatham Phoenix Natl.. 64',i 67'i Chemical 47 49 City National 85 88 Corn Exchange 95 99 Commercial 252 262 Continental 20 23 Empire 47*2 50% First National 3.520 3,720 Guaranty 449 454 Irving 31-\ 33% Manhattan & Cos 73% 76% Manufacturers 43% 45% New York Trust 145 150 Public 50 53 Births Boys Gentry and Lillie Burris. 2201 Hovey. James and Jane Crawford. 338 Drexel. Wesley and Helen Harvey, 1029 St. Peter. Isaac and Erma Thurman. 117 Arch. Millard and Martha King. 1806 East Forty-sixth. Jessie and Sadie Jenkins, city hospital. Henderson and Louise Moore, city hospital. Howard and Margaret Gordon, city hospital. Cloy and Ruth Hissong. 5144 Winthrop. Howard and Lucretia Shelley. 1849 Sugar Grove. Don and Elenora Elliott, 203 South Riley. , Girla Herman and Thelma Maxey, 1450 Coland Mary Smith. 424 Hiawatha. Daniel and Benedictine Esther, 2314 Paris. Thoma* and Winifred Jordan, 234 Detroit. Eliza and Pearl Robinson. 2018 Hovey. Jewell and Blanche Hinton, city hospital. Clarence and Beatrice Graham, city hospital. Herbert and Frances Johnson, city hospital Wesley and Estella Sinks, city hospital. Jack and Helen Lovelace. 1469 College. Louis and Violet Neer, Methodist hospital. George and Leona Bvrd. 3204 Ralston. Kenneth and Vivian Nield, 26 North Gladstone. Asa and Alice Weibert, 2109 East FortySixth. Twins Kenneth and Faye Bennett, city hospital boy and girl. Fred and Grace Skiels. city hospital, boy nd girl. Deaths James Edward Lawrence. 59. 1030 Castle, toronarv thrombosis Nancy A. Miller. 66. Cfcntrai Indiana hospital. chronic enterocolitis. Henry Burdick. 78. Methodist hospital, general tuberculosis. Donald D Denis. 40. Hotel Edwards. Acute dilatation of hegrt. Robert Haines. 5. Rilev hospital, enBocarditu. Robert T. Helton. 35. Methodist hospital. appandicits. Martha Webb. IS. Orphans Home, met&t.ta tic ab■ •' * s VilliaM J Fields. 63 836 Harrison. Chi >nlc nephritis Homer TT Jones 65. 245 West Maple Road, arteriosclerosis. Edgar H. Thompson 58. 18M North Harding carcinoma. Lerov MvDoweil 68. city hospital cerebral hemorrhage. Carl Deider. 32 Methodist hospital perl%nttlt.

New York Stocks 1 (By Thomson St McKinnon 1

—July 9 Railroads— _ .. „ Prev. High. Low. 11:30 close. Atchison 181 159* 161 160* Atl Coast Line 94 Balt it Ohio .. 59’/a 59* 59* 57* Chesa it 0hi0... 36 35* 35* 37 Chi Grt West 6* Chi N Wsst ... 33* 32* 32* 32* C R I & P 41 Vi Del L it W ...... 58* Del it Hudson 130 Erie 22* Great Northern 46* 46 4# 47 Illinois Central 49 M K it T 15* 14* 15* 14* Mo Pacific 25 24* 25 25 Mo Pacific pfd ... 70 N Y Central ... 89 Bf* 88 88 NY NH it H 72 Nor Pacflc 40 Norfolk As West 170* O&W 11* Pennsylvania . 48* 48 48 47* Seaboard Air L * So Pacific 83 82* 83 83 Southern Ry 33* 33* St Paul 5* St Paul pfd 9Vi 9* St L & S P 17* Union Pacific 165 W Maryland ... 13* 13* 13Vi 12* West Pacific 9 Equipments— Am Car it Fdv 19 Am Locomotive 18 Am Steel Pd 17* 16 Vi Gen Am Tank 58 * General Elec ... 42* 42 42 42* VQen Ry Signal 52Vi r Y Air Brake 15 Press Stl Car 3* Pullman 37* 37 * Westlngh Ar B 25* 26* Westingh Elec.. 67* 66* 66* 67 Rubbers— Firestone 19 Fisk Vi Goodrich 12* Goodyear 39* 39 39 38* Kelly Sprgfld 2Vi 2 U 8 Rubber .... 14* 14* 14* 14* Motors— Auburn 178 172 173 173 Chrysler 23* 22* 22* 22* Gardner % Graham Paige ... 3* General Motors.. 38* 37* 37* 37* Hupp 7* 7* Mack 31 31 Marmon 4 Nash 29* 29 29'* 28* Packard 7* 7* 7* 7* Reo ... 6* Studebaker 18* 18* 18* 18 Yellow Truck .. 8* 8* 8* 8* Motor Access— * BendU Aviation. 20 19Vi 19* 19Vi Borg Warner 19* 19 Briggs 13* 13* 13* 13* Budd Wheel 8* Eaton 15 El Btorage B 53 Hayes Body 3* Houda 5 4* 4Vi 5 Motor Wheel 10 Sparks W 8* Stewart Warner. 10* 10* 10* 9* Timkln RoU 37 37* Mining— Am Metals 11 10* 11 12 Am Smelt 33* 32* 32* 33% Anaconda Cop... 25* 24* 24* 25* Cal it Hecla 7* 7* Cal & Ariz 33 Cerro de Pasco 17 17 Dome Mines ip* Freeport Texas 26* 26* Granby Corp ... 14% 14* 14** 14** Great Nor Ore ... 191* Howe Sound ... 19'* 19* 19* 19* Int Nickel 14% 14V, 14'* 14'* Inspiration 71* 71. Kennecott Cop.. 19* 13% 19* 18* Magma Cop 14'* 15 Miami Copper *34 Nev Cons 93* 93.4 Texas Gul Sul.. 34* 33% 34* 34* U S Smelt ... ... 16’* Oils— Amerada i AH Refining 15% 15'* 15'* ... Barnsdall ... 73,- 75/. Beacon " ... . /8 ii? Houston 9 8% ’s% . Ohio Oil : ... io Mex Sbd 141/. Mid conti <5 Phillips 7* 7% 7% 7% Pr Oil it Gas 10 10 Pure Oil 7V4 7 7 i% Roval Dutch 30* ... Shell Un 6% 6% 67, 6'* Sinclair 10 9% 10 9% Standard of Cal 36* 36* Standard of N J 37'* 37% 37% 36% Standard of N Y 17% 17'* Texas Cos 22 Vi 22 22 Vi 22% Steels— Am Roll Mills... 21% 21 21% 20* Bethlehem 48'* 47% 47% 48'* Byers A M 33* 32% 32% 33 Colo Fuel 16 Cruc Steel 42% Ludlum 11* ... Newton io>* Repub I it S ... 15% 15 15 15 U S Steel 96% 95% 95% 96* Vanadium S 32% 31 31* 31% .Youngs S & T 49 Youngs S& W 18'* Id'/-. Tobaccos— Am To (A new).llß 117% 118 118 Am To (B new) ... 122 Con Cigars 33* Llg it Myers 8.. 73'* 73* 73* 73'* Lorlllard 18% 18* 18'* 18% Reynolds Tob .. 51% 51 51% 51'* Tob Pr A jo* Tob Pr B ...,u .. x 2'* Utilities— Abitibl 4% 4% 4% 4% Adams Exp 15% 15% 15'* 15'* Am For Pwr ... 32% 31% / 31% 32 Am Pwr it L 1... 37% 37* 37% -36 A T & T .. .... 177* 176% 176* 177% Col Gas &El ... 32 31 Vi 31% 32 Com & Sou 8% 8% El Pwr it Li.... 40 39% 39% . Gen Gas A .... 5 ... 5 47* Inti T & T.... 32% 31% 32% 32% Natl Pwr it Li.. 25% 25 25% 25% No Amer Cos ... 69% 69 69% 68* Pac Gas & El ... , 45 Put> Ser N J ... 82 80% 8i 81 So Cal Edison .... ... . 44 StdlQ it El .... 69* <65 65 63'* United Corp ... 23% 22* 22% 22% Ut Pwr & L A.. 23* 23% 23% 23% West Union .... ... . 113 Shipping— Am Inti Corp 14% Am Ship it Com 18% 18 18 United Fruit 56'* 57 Foods Am Sug 62 Armour A 2% 2% Cal Pkg ....! * ' '* or if Can Drv ... ! | 40% Coca Cola 145 Cont Baking 14* 14% 141* 1334 Corn Prod 72 71% 71% 71* Cuban Am Sug.. .. ... .. 4% Gen Foods 48 ij Grand Union 15% Hershev 93* Kroger 28% 27% 28% 26*4 Nat Biscuit 60% 59'* 59% 59% Puritv Bak 31% 31 Std Brands 18% 18 18% 54 Drugs— Cotv Inc 8% 8% Lambert Cos 65* 66* Lehn it Fink 25* Industrials— Am Radiator.... 13* 13% 13* 13 Bush Term 21* Certalnteed 5* Gen Asphalt 21% Otis Elev 36% Indus Chems— Allied Chem 121* 121 121% 121% Com Solv 15% 14* 15* 14%

Produce Markets

Ecus (country run) —Loss off delivered in Indianapolis. 12c: henery quality. No. I. 14c: No. 2. 9c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 16c: under 5 lbs., 15c: Leghorn hens. 12c: 1930 broilers, full feathered 2 lbs. and up. 23c: under 2 lbs.. 20c: bareback. 12c: Leghorn broilers. 18c: ducks. 9c: old cocks. B®9c: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 too quality, quoted by Kingan 6 Cos. Butter (wholesale) —No. 1. 27028 c: No. 2 25026 c Butterfat—24c. Cheese (wholesale selling price per pound)—American loaf. 22c: pimento loaf. 24c: Wisconsin firsts, 17‘/ic; Longhorns. 17*20: Longhorns. 17Vic: New York limberger. 30c. By United Press NEW YORK. July 9.—Potatoes—Market firmer; southern. $1.5002.75. Sweet potatoes—Weaker: Jersey baskets. *103.25. Flour—Market. dull and unchanged: spring patents. $4.35474.60. Pork—Market steady: mess. $23. Lard—Market easier: middlewest spot. .084@085c per pound. Tallow—Market, quiet: special to extra. 3 1 503-%c. Dressed poultry—Market. steady to Arm: turkeys. 25046 c; chickens. 23038 c: fowls. 12025 c: Long Island ducks. 15018 c; broilers. 25038 c. Live poultry—Market, steady to firm: geese. 10 •:>'l2c: ducks. 13020 c; fowls. 18021 c; turkevs. 12025 c: roosters, 12013 c: broilers. 204i35c. Cheese —Market, quiet; state whole milk, fancy to special. 13023 c: young Americas. 14Vi019Vsc. By United Press CINCINNATI. July 9.—Butter—Steady: creamery in tub lots according to score. 20022 c: common score discounted 203 c; packing stock. No. 1 18c: No. 2. 15c: No. 3, 8c: butterfat, 204732 c. Eggs—Steady; cases included: Extra firsts. 19‘vc: firsts. 14c; seconds. 13c: nearby ungraded. 15’,ic. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 19Vic: 4 lbs. and over. 17c; 3 lba. and over. 13c: Leghorns. 3 lbs. and over, 13c: roosters. 10c: broilers, colored. 1 lb. and over. 22c: IVi lbs. and over. 26c: 2 lbs. and over, 30c; fryers. 3 lbs. and over. 30c: partly feathered. 15020 c; Leghorn broilers. 1 lb. and over. 20c; I’i lbs. and over. 22c: 2 lbs. and over. 25c; black stinger*. 20c. hy United Press CHICAGO. July 9.—Eggs—Market, steady *1 wrtn; receipts, 10,013 cases; extra firsts, ■*:: firsts. 16$iic; current receipts, 14@15c; seconds. Butter—Market, easy: receipts. 13,430 tubs; extras. 23c; extra firsts, 32Si22V*c; firsts, 20Vi@21Vic: seconds, 190! 19Vie: standards, 23yc. Poultry—Market, unsettled; receipts, 1 car; fowls. 18c: springers. 30c; Leghorns, 13c: ducks. 130 16c; geese, 12c; turkeys. 15018 c; roosters, 12c; oroilers, 2 lbs., 31c; broilers under 2 lbs., 26c; Leghorn broilers, 18c. Cheese —Twins. 12V013c: Young Americas. 13 V 0 13'ViC. Potatoes—On track. 91; arrivals. 44c; shipments 1.313; market, stronger; southern sacked Bliss Triumphs. 295; Virginia barrels, Irish Cobblers, $303.15. By United Press CLEVELAND, July 9.—Butter—Extras 27c; standard. 27yc; market, weak. Eggs —Extras, 18’ic; firsts. 15Vic; market steady. Poultry—Heavy: fowls. 19c; medium. 20c; Leghorn fowls. 13015 c; heavy broilers. 22028 c; Leghorn broilers. 16020c* ducks. 15022 c; old cocks. 12c: geese. 100 13c; market, steady. Potatoes—North Carolina cloth top stave barrels, best $2.50Virginia gobblers cloth top stave barrels!

Union Carb 52% 51* 52* 51* U S Ind A1c0... 30 29% 29% 29% Retail Stores— Assoc Dry Gda 21% 20% Gtmbel Bros 5% Kresge 8 S 26% 26% May D Store 35% 35 Mont Ward 19% 18% 19 19* Penny J C 33% Schulte Ret St 7% Sears Roe 54% 53* 53* 55% Woolworth 68% 67% 67% 67* Amusement*— Col Orr.ph 10 9% 9% 9% Eastman Kod ..144% 142 143% 144* Fox Film A , 18% Grigsbv Gru 3‘* Loews Inc 44* 43% 43% 43* Param Fam 25* 24% 24% 25 Radio Com 17% 17V, 17% 17 R-K-O IS* 14* 14* 14 Vi Warner Bros 7* 7% 7% 7% Miscellaneous— City Ice St Fu 31% Congoleum .. 10* Am Can 108% 106% Hi’7 107% Cont Can 51* 51 51% 51 Curtiss Wr 3* 3% 3* 3% Gillette S R 21% 20'/, 20% 21% Real 811 k 8* Un Arcft 27% 26% 27% 27 ti Int Harv ... ... 43'* RECORD IS PERFECT _ Betty Rockhill, 9, Never Has Been Absent, Tardy. You just can’t keep this girl away from school.

For four years Elizabeth Robear Rockhill, 9, of 807 Villa avenue, never has been absent from her classes, and never was tardy, not even once. E 1 izab eth attends School 20 and now is in the 58. Her mother is Mrs. R. D. Rockhill, who has had considerable to do with Elizabeth being punctual. But

Elizabeth

Mrs. Rockhill gives most of the credit to her daughter. “You couldn’t keep her away from school,” says the mother.

Mr. Fixit Write your troubles to Mr. Fixit. Hs la The Timea representative at tbe city hall and will be glad to present your case 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—Clyde street, 5100 east, between Brookville road and English avenue is badly in need of cinders. A. E. G. This complaint has been referred to Street Commissioner W. H. Winship for investigation. Mr. Fixit—The water company tore a large hole in the street at Ray and West streets which should be repaired. M. S. and J. T. City Engineer A. H. Moore has promised to investigate this condition and take such steps as are necessary to remedy it. Mr. Fixit—Will you please save me from a nervous breakdown caused by a delivery boy from a grocery at who passes our house and goes around the corner on one wheel until I hold my breath? Please help me to breathe longer. MRS. M. Your complaint has been referred to Police Chief Mike Morrissey for investigation. Mr. Fixit—South State avenue, from Raymond street to the Belt, is in deplorable condition and should be garded and oiled, J. M. Street Commissioner W. H. Winship has promised to investigate conditions and to remedy the situation if possible. U. SrfOURISTS SPENT HUGE SUM IN CANADA $266,000,000 Total for 1930; Auto Traffic to Dominicn Also Large. By United Press WASHINGTON, July 9.—ls all the autombiles driven into Canada by United States tourists during 1930 were laid end to end, they would tie up traffic for 15,368 miles. This was learned tday from a survey completed by the United States department of commerce. That between the United States and Canada, says the report, “involves a larger total expenditure than that between any other two countries in the world.” United States visitors to Canada, it is estimated, spent more than $266,000,000. * TRAPPED MEN SAVED New York Subway Cave-in Caused by Blast; Seven Rescued. By United Press NEW YORK, July 9.—Seven men were rescued by fellow workmen after they had been trapped in a ■jave-in of rock and sand in the new Eighth avenue subway today, following a dynamite blast. The blast was set off in a tunnel under the river. While ambulances and three emergency squads were rushing to the scene, workmen dug out the trapped men from above. The rescuers had to penetrate five or six feet of debris. New York Liberty Bonds —July 8 — 3%s 102.16 Ist 4Vis 103.10 4th 4Vis 104.25 Treasury 4*,is 113.10 Treasury 4s 108.20 Treasury 3%s 103.16 Treasury 3%s of ’47 101.13 Treasury 3%s of ’43 102.24 Building Permits Martha McKay, foundation. 234(8 Sheldon. $250. William Deatrick. dwelling and garage. 4709 Kenwood. $5,400. Service Wrecking Company. wreck dwelling. 216 Adelaide. S2OO. Louis Cohen, signs. North and Pennsylvania. $330. $133,000 IN ESTATE Dr. Babcock’s Life Savings Eventually Will Go to University. By United Press MADISON, Wis., July 9.—Dr. Stephen Moulton Babcock, who refused to accept the equivalent of a $1,000,000 when he turned over to mankind his famous milk testing method, saved $133,000 during his forty-four years as a university professor, his will on file for probate here reveals. Income from Babcock’s savings during his life will go to sever?! relatives and the entire estate will revert to the university on their deaths. RAW SUGAR PRICES —July 8 — High. Low. Close. January 1.43 1.12 1.42 March - 1.47 May 1.53 July ... ISO 1.20 1.30 September i.. 1.35 1.34 1.34 December .* 1.43 1.41 1,43

THE INDIANAPOLIS TIMES

HOGS UNEVENLY STEADY. HIGHER ATCITYYARDS Cattle Fairly Active With Prices Holding Even; Sheep Up. Bulk. Early Top. Receipts July 1. $6.65® 7.35 $7.35 3,500 2. 6.80% 7.45 7.45 2.500 3. 7.00*3 7.65 7.65 2.500 6. 6.900 7.55 7.55 8.000 7. 6.60(3 7.50 7.50 5.000 8. 6.85<3 7.75 7.75 4.000 9. 7.00(3 7-75 7.75 5.000 Porkers showed an uneven trading range at the union stockyards this morning. Hogs weighing under 210 pounds sold at Wednesday’s best prices, while heavyweights over 210 pounds held around 5 to 10 cents higher. The bulk, 140 to 300 pounds sold at $7 to $7.75. Receipts were 5,000. Holdovers 136. Cattle were fairly active, prices mostly steady. Receipts numbered 800. Vealers held unchanged at $7.50 down. Calf receipts were 600. Lambs were around 50 cents higher with ewes and wether lambs selling at $8 to $8.50. Bucks brought $7 to $7.50. Receipts were 1,400. Chicago hog market today held around 5 to 10 cents above Wednesday’s average, with asking mostly 15 to 25 cents higher on best packing sows. Good to choice hogs weighing 180 to 220 pounds were selling at $7.50 to $7.55, while choice of 200 pounds sold at $7.60. Cattle receipts were 6,000. Calves 1,500, market steady to 25 cents higher. Sheep receipts were 15,000, and strong. HOGS Receipts, 5,000; market, higher. —Light Lights—-(l4o-160) Good and choice...s 7.25® 7.35 —Light Weights—-(l6o-180) Good and choice... 7.75 (180-200) Good and choice.. 7.75 —Medium Weights—-(2oo-220) Good and choice... 7.55(3 7.65 (220-250) Medium and good.. 7.304*! 7.55 —Heavy Weights—-(2so-290) Medium and good.. 7.00® 7.30 (290-350) Medium and good.. 6.60® 7.00 —Pscklns Sows—-(27s-500) Medium and g00d... 4.00® 5.25 (100-130) Slaughter pigs 7.00® 7.15 CATTLE (Slaughter Class) Receipts, 800; market, steady. —Steers— Good and choice $ 7.25® 8.75 Common and medium 5.25® 7.25 (1.100-1.500) Good and choice 7.00® 8.50 Medium 5.50® 7.00 —Heifers — (500-850) Good and choice 7.25® 8.50 Common and medium 4.50® 7.25 Good and choice 4.25® 5.25 Common and medium 3.25 @ 4.25 Low cutters and cutters 1.75® 3.25 —Bulls (yearlings excluded)— Good f.iid choice beefs 3.75® 4.50 Cutter, common and medium.. 2.50® 3.75 CALVES AND VEALERS Receipts, 600; market, steady. —Vealers— Good and choice $ 7.00® 7.50 Medium 5.00(3 7.00 Cull and medium 3.00® 5.00 —Calves— Good and medium 4.50® 6.50 Common and medium 3.00@ 4.50 STOCKERS AND FEEDER STEERS Good and choice 5.00@ 7.00 Common and medium 3.75® 5.00 (800-1.500) Good and choice 5.00® 7.00 Common and medium 3.75® 5.00 SHEEP AND LAMBS Receipts, 1.400; market, higher. Good and choice $ 7.00® 8.50 Common and medium 4.00® 7.00 Ewes, medium and choice.... 1.00(3 2.50 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO, July 9.—Hogs—Receipts, 17,000 direct; moderately active, 10® 15c higher; bulk 170-220 lbs., $7.45® 7.60; top, $7.60; 230-250 lbs., $9.60(0:7.40; 140-160 lbs., [email protected]; pigs, $6.25® I; packing sows, $4.75®5.40; smooth light weights to $5.75; light lights 140-160 lbs., good and choice, s'(@7.4o; light weight, 160-200 lbs., good and choice, $7.25®7.60; medium weights, 200-250 lbs., good and cho,”e, [email protected]; heavy weights, 250-350 lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium ana good, [email protected]; slaughter pigs, 100-130 lbs., good and choice, $6.25@7. Cattle —Receipts, 6,000; calves. 1,500; yearling and light steers strong to 25c higher; butcher heifers and other grades light she stock sharing advance; best yearling steers, $8.65; yearling heifers, $8.50; very dull trade on weighty steers, weak to 25c lower; bulls steady and vealers 50@75c higher; slaughter cattle and vealers; steers 600-900 lbs., good and choice, [email protected]; 900-1,100 lbs., good and choice, [email protected]; 1,100-1,300 lbs., good and choice, [email protected]; 1,300-1,500 lbs., good and choice, $6.50@8; 600-1,300 lbs., common and medium, $5.25@7; heifers, 550-850 lbs. good and choice, [email protected]; common and medium, s4@7; cows, good and choice, [email protected]; low cutter and cutter, [email protected]; bulls (yearlings excluded), good and. choice (beef), [email protected]; cutter to medium. [email protected]; vealers (milk fed), good and choice. [email protected]; medium. $6.50 @8.50; cull and common, s4@6; stocker and feeder cattle; steers. 500-1,050 lbs., good and choice, $5.50@7; common and medium, [email protected]. Sheep—Receipts, 15,000; slow, generally 25c and more lower; native ewe and wether lambs, [email protected] to packersfew decks. $7.50®7.60 to outsiders; small lots $7.75; rangers bid, $7.50; best yearlings held above, $5.75; lambs 90 lbs. .?^?^£ ood „ and choice, [email protected]; medium. $5.25®7; all weights common, s4@s 25ewes, 90-150 lbs., medium to choice $1.50® 3-25; all weights cull and common, si@ 1.75; feeding lambs; feeding lambs 50-75 lbs., good and choice, [email protected].

By United Press FT. WAYNE, July 9.—Hogs Market to .i°, c c higher: 100 140 I§ S *7 1 4 0 I S”,e* 7 lS{ l„60~18<L_lbs. $7.40; 180-200 Jhs.. $7.15: 200-220 lbs.. $7.40; 220-240 lbs., *‘•2s; 240-260 lbs.. $7.10; 260-280 lbs |6.95; 280-300 lbs., $6.80; 300-325 lbs ’ $6.60; 325-350 lbs., $6.35; roughs, $4.25; stags. $3.25; calves, $7.50; lambs, i. By United Press EAST ST. LOUIS, HI., July 9.—Hogs— Receipts. 6.500: market, 10015 c higherbulk 160-230 Ids.. top $7 70 : 250-270 lbs.. $7.1507.40; 280-315 1bs *, $6 60 , 10 °-l s olbs-. S7O 7.35; Paoking sows. $4.2505. Cattle-Receipts. 1.800; calves, receipts. jOO; market, steady to strong on steers; mixed yearlings and heifers strong to top 25c higher; western steers steady; cows mostly steady; bulls slow; s? d^ n o a nd„ c chol £?L vealers . $101.25 higher at $8.5008.75. Sheep—Receipts. 3,000; marSfftj lambs opened weak to 25c lower; bulk $6.75@7, lambs, $5.75, clipped; throwouts, $3; clipped ewes. $2 down. By United Press ’ CINCINNATI. 0.. July 9 Hoes Rpceipts. 2,000: heldover. none: active, strong t 0 i sc 10c higher: better grade, 170-240 lbs., T 57.7507.90; large. $7.90 2? “round 225 lbs. down; some 250-275 lbs.. [email protected]; 300 lbs. around. $7; 120-160 Ihs.. largely $7.25: light and medium weight packing sows. $4.5004.75; heawweights downward to $4. Cattle—Receipts. 300: calves. 250: steers and heifers, practically absent: understone strong to unevenly higher on these; a few small lots of common to medium grassers, $506 50a sprinkling up to $7.50: all cows, strong to 25c higher: spots up more on beef cows at $3.7504.75: bulk low cutters and cutters. $203.25: bulls. 25c to 50c higher. $3.5004.50; ton. $4.75: vealers, opened 50c higher, later sales fully $1 up; better grades generally $708: lower grades, $6.50 down. Sheen —Receipts. 2.200; lambs, strong to 50c higher: better grade ewes and wether lambs, $808.50: one deck of choice <9 pounds. $9: throwouts steady to strong. $506: buck lambs. $607: sheep, strong, fat ewes. $102; best light weights. $2.50i By United Press TOLEDO. July 9.—Hogs—Receipts, 300: market steady. 10@15c higher on lights; heavies. $6.5007; mediums. $7.2507.40: Yorkers. $7.250 7.40; pigs. $707.50. Cat-tle-Receipts, light; market steady. Calves —Receipts, light; market.soc higher: top. SB-50. Sheep—Receipts, fight; market 50 @7sc higher. By United Press , 9.— Hogs—Receipts. 1.100; holdovers. 26; mostly 25c; spots 35c Mgher; bulk 160-230 lbs.. $8.15; top. $8.25: 240-250 lbs. and most pigs. $7.75; 260-300 lbs.. $7.50 down. Cattle—Receipts. 125; general trade strong to mostly 25c higher; spots 50c up; active at- advance; first good early clearance in over two weeks: common to medium light offerings. $6 2507; carrying occasional good heifers at outside: low cutter to god cows. $ 204.50; sausage bulls. $3.2504.50.

By Untted Press * EAST BUFFALO. July 9.—Hoffs—On sale. 1.300; active, mostly 10015 c higher; some medium weight butchers up more, bulk desirable. 130-210 lbs.. $808.16: plainer kinds. $7.90: few 250 lbs.. $7.25. Cattle—Receipts. 100; cows, fully steady; cutter grades. *1.5003.25. Calves—Receipts. 200: vealers. unchanged, good to choice, mostly $9; common and medium. $607.50. Sheep—Receipts. 800; lambs, active, strong at 3-cent advance, good to choice leniently sorted. $8.5009: mixed. $708; throwouts, $606.50.

BELIEVE IT or NOT

fWAS GROW* By Flora Harris ■ INNINGS IN ONE GAME !( —Jbßz HE DGEHO<) CACTUS Oeneldbd. vs Chicago STORES ENOUGH WATER £<*■! 18,i93i TO LAST ,5 YEARS (f IfM. Kin# Feilim Syndicate. Int. Grrai Bntvn fitffetc mimj

Dow-Jones Summary

Reichsbank statement as of July 7, shows gold reserves of 1.421,800,000 marks, against 1,421,100,000 on June 30; foreign currency reserves 370,900,000, against 299,600,000; circulation of 4,111,300,000. against 4,294,700,000 and ratio 43.6 per cent, against 40.1 per cent. Bank of England statement as of July 9, shows circulation 359,257,000 pounds, against 357,429,000 on July 2; bullion 165.810,000, against 164,421,000 and ratio 57.7 per cent, against 46.2 per cent. Syndicate headed by Guaranty Company of New York has been ■ awarded $5,000,000 of the state of Missouri road bonds on bid of 96.399 for 3%5. Bonds mature 1933 to 1951. Cutler. Hammer June quarter shipments $1,684,000, against $1,667,000 in March 1931 quarter. Six months $3,351,000, against $5,205,000 in like 1939 period. Peoples Light and Power twelve months ended May 31 net income $925,565 after interest, depreciation, subsidiaries’ preferred dividend, etc., against $1,165,751 in preceding twelve months. New York cables opened in London at 4.86 9-16 against Wednesday’s close of 4.86 19-32: Paris, checks. 124.12; Amsterdam. 12.077; Italy, 92,945; Berlin, 20.51. United States Leather Company advances sole leather prices 2 cents a pound. Prices up about 15 per cent in three weeks. Nash Motors declared a regular quarterly dividend of sl. payable Aug. 1, of record July 20. Earned 46 cents a share in May. 1931. quarter, against 40 cents in previous quarter and 71 cents in May. 1930. quarter. Six months 86 cents a share, against $1.36 in like period of 1930. Bank of France statement as otjuly 9 shows gold 56,228.000,000 francs, against 56,425,000,000 on June 26; circulation 78,609,000,000, against 76,927,000.000, and ratio 56.47 per cent, against 56.07 per cent. Auburn Automobile Company in May 31 quarter earned $11.05 a common share, against SI.OB in previous quarter and $4.25 in May. 1930. Quarter. Six months earnings $12.09 against $4.79 in like period of previous fiscal year. LILY TO APPEAR Buenos Aires Society Poised for Brilliant Opera Function. By United Press BUENOS AIRES, Argentina, July 9.—Tonight’s gala function at the Colon opera house, when Lily Pons and Tito Schipa wil sing in the “Barber of Seville,” promises to be one of the most brilliant social events in many years. Speculators were selling tickets for 100 pesos (about S3O) more than three times the box office price. CHIROPRACTORS MEET Fifteen From City Attended at Louisville Convention. Drs. John J. Bibler and Mabel Bibier, 3272 Fall Creek boulevard, returned Wednesday from the National Chiropractic convention, which was held in Louisville, Ky., July 6, 7 and 8. Two thousand chiropractors, including several from foreign countries, attended. About fifteen Indianapolis peoDle were present. Hurley Delays His Trip By United Press WASHINGTON, July 9.—Patrick J. Hurley, secretary of war, who had intended to sail for the Philippines July 25 from Seattle, announced today his departure had be?n postponed until Aug. 8. Hovey Relief Corps to Meet Alvin P. Hovey Relief Corps No. 119 will meet Friday at 2 in the G. A. R. hall at 512 North Illinois street.

I CITIZENS GAS pfd Newton Offer Non-Taxable— Callable at 105 Tflllfl

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW PORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade Now York 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.

FACES 2 TRIALS IN SINGLE DAY Alleged ’Legger Bound Over on Second Charge. Waiving examination in municipal court on blind tiger charges, Lee Ensley, Apt. 10 at 431 North Illinois street, was bound to Marion county grand jury today, and then made ready to reappear in the city court this afternoon on another liquor charge. Three days after the first arrest more than a month ago, Ensley was arrested again when a police officer is alleged to have bought liquor from him. Bernice Carpenter, Negro, proprietor of a lunchroom at 319 West Twenty-first street, and a power in Negro political factions of that district, was fined SIOO and costs and sentenced to sixty days on the state penal farm following conviction on a blind tiger charge in municipal court this morning. TAFT IS SERIOUSLY ILL Condition of Sculptor Continues to Be Dangerous at Muncie. By United Press MUNCIE, Ind., July 9.—The condition of Lorado Taft, Chicago sculptor, continued critical at Ball Memorial hospital here today. Taft, suffering from a heart attack, was taken to the hospital Wednesday when he suffered the second stroke within two days. He came to Muncie to deliver a lecture at Ball Teachers’ university, collapsing on the lecture platform. RULE ON PARK PROJECT Delegation Hears Park Board Verdict on Drive Acquisition. In event the city acquires a plot of more than twenty acres for park purposes on West Riverside parkway drive it will not be made into a Negro park, the park board told delegations of west side civic associations today. However, the board informed the remonstrators, no action has been planned yet for acquisition of the property.

Local Wagon Wheat

City grain elevators are paying 39c for wheat. red wheat and 37c for No. 2 hard Other Livestock By United Press , Jul ? 9 - —Hogs—Receipts. ?o a^o e K st eady to 5c higher; 150-210 Vsn” M lbs.. 57.7508; 110f"® i bs -V $7.6508; packing sows, weak to lower at $405. Cattle —Receipts. 35; no early trading. Calves—Receipts. 200: market, strong to 50c higher; top vealers. $9: bulk, good and choice. *708.50. Sheep —Receipts. 650; lambs, active to fully steady; t? 05 *, * ood and choice around. $7.75 @8.20; closely sorted lambs ud to $9. NEW YORK COFFEE RANGE ~ . High. Low. Close. March 6.47 6.43 6.43 May 6.57 6.52 6.52 £ulv 5.95 ... 5.95 September 6.20 6.10 6.10 December 6.44 6.31 6 31

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

f-c X 7 Registered O. & U V l atent Offtcp RIPLEY

The City in Brief

FRIDAY EVENTS Exchange Club, luncheon, Lincoln. Optimist Club, luncheon. Claypool. Altrusa Club, luncheon. Columbia Club. Phi Delta Theta, luncheon. Chamber of Commerce. Delta Chi. luncheon, Spink-Arms. Delta Tau Delta, luncheon, Columbia Club. First Ward Republican Clnb, 8 p. m., Clark’s hail. Master Painters’ Association, luncheon, Antlers. Indianapolis Round Table, luncheon. Lincoln. Kappa Sigma, luncheon. Lincoln. Members of the Improved Order of Red Men and the Degree of Pocahontas from Rush, Decatur, Shelby, and Hancock counties will hold a picnic July 19 at Riverside park. Arthur G. Gresham of Indianapolis, organizer of the Indiana department of the Veterans of Foreign wars, has been reappointed national legislative deputy for the department. At least two additional cabins will be built by the local Kiwanis Club at the Boys’ Club Association summer camp, near Noblesville this year. Indianapolis postal employes will go under the new forty-four-hour work week law Saturday, Robert H. Bryson postmaster, announced Wednesday. Net Changes NEW YORK, July B.—Closing prices and net changes on principal stocks trade today on the New York Stock Exchange follow: Alaska Juneau 15% U w/, OB ' American Can ,107* iii American Smelting 333“ A|s American Telephone 177% ”* a* Auburn 173 Bethlehem Steel * ... i" Case 77 u ** * 174 Consolidated Gas 94% it Electric Power 391? Fox Film A is* % General Electric 42% * General Motors 373,. 'i/' International Nickel 14* % International Telephone ...33 3 l Kennecott i B % i” 1% Loew’s Inc 431* 1/. Montgomery Ward 19* "" % National Biscuit 593; iii New York Central R 8 1% Paramount 25 i ’ ‘ Public Service 81 ’ 1 Radio 17 ii! 1% Radio Keith 14'* ... s a Sears Roebuck 55'* . * Standard Oil of N J 37% % Texas Corporation 22 ... i United Corporation 22% ... % U S Steel 96'/* ... 2% Vanadium Westinghouse Electric 67 ... % Worthlngtop Pump 49 s * ... 1 Chicago Stocks Opening (By James T. Hamill it Cos.) —Julv 9 Ass Tel Util... 24 iMiddle West ... 17* Bendix Avia ... 18%:Pft Circle 34% Bore Warner... 19*iSwift &. Cos 26% Cord Corp 9 U SRa & Tel. 22 Com Edison ...202 |Utah Prod 3% Insull com 30%;Ut & Ind com... 6* Insull 6’s ’40... 85*lUt it Ind nfd... 16% Lib McNeil pro. 10% Walgreen Strss. 17'* Mo Kan Pi Li. 4%l

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

JULY 9, 1931

WHEAT MAKES NEW LOWS IN WEAKTRADING Free Selling in Last Hour Carries All Deliveries Down. BY HAROLD E. RAINVILLE United Press Staff Correipondent CHICAGO. July 9.—A1l deliveries of wheat sold at anew low on the crop in the final hour of trading on the Board of Trade today with July within a small fraction of the low of 1896. July went below 54 cents a bushel for the first time this year. There was little disposition to rally, but buying against bids checked the decline. Corn was unsettled, july fluctuating in a wide range, but never getting above the previous close. December showed a strong undertone, oats were dull, but sold with wheat and cum. Close Is Lower At the close wheat was % to 1* cents lower; July com was off 3*4 cents and the deferred months -X cent higher; oats were % to * cent down. Provisions were steady to lower. Liverpool held around steady during the late trading and was % to •Ti cent lower at the close. July at that market set anew low since 1854. Some Manitobas were taken overnight and small sales of old and new hard winters were reported. Cash prices were 1 to 2 cents lower. Receipts were 167 cars. July Corn Easy Corn started around steady with July firm on scattered buying, but later July eased and was % cent lower at mid-session while the deferred deliveries grew strong and advanced % cent to % cent, December leading. Somebody took all the December on the opening decline and the market acted tight thereafter. Cash prices were 2 cents lower. Receipts were 112 cars. Oats opened firm, but remained inactive and steady the rest of the morning. There was no feature to the trade. Southern Illinois reported cutitng had found some damage from the heat. Cash prices were Receipts were 11 cars. Chicago Grain Range —July 9 WHEAT— prev. "Open. High. Low. Close. close. July .. .54 .54* .53* .53* .54% Sept... .55* .55'* .54% .54% .55% Dec... .59'* .59% .59 .59 .59% CORN— July... .59% .60 . 55% .56% .59% Sept... .53% .54% .53* .53% .54% Dec... .48* .48% .47% * .48% .48 OATS— July... .27% .27% .26% .26% .27 Sept... .27% .27 .27% .27% .27% De -C--- -30% .31* .30% .30* .30% RYE— July 35 VSept... .38* .38% .37 .37% !38 LARD— 2 - 42 ’ /4 - 41% •< l '* • July 817 gl3 Sept 8.17 8.17 8.07 Oct. 8.10 8.10 8.02 8.02 8.12 De B C EI^ S7 7 ' 57 745 745 755 ■J uI y 8.15 8.15 By Times Special CTO 00 ; Ju l v 9 - —Carlots: Wheat. 94: corn. 79, oats, 5; rye. 1. and barley. 0. By United Press nTT’fJt 0 ' O. July 9.—Grain on track, ? 8 rat - Wheat—No. 2 red. 51052 c; No! iki/otii/? m " orn —&°- 2 vellow. 56*@57*c No. 3 vellow. 55'*@56’*c Oati 2 w hite 27*@28'*c: No. 3 white' 7 2C Clover—Domestic prime, old. £il, 50 i? rlme new $13.75: prime choice, new. sl4 prime .choice, old. $13.75; oc--513r7 5 . :. December. sl4. Alslke—Cash. 513.50. Butter— Fancv creamcrv. 27@28e. Dountrv run. 14@16c. Hay—Timothy. $1.25 per cw t. By United T’rtss W^ Jl 'i v c 9 ~' Cash irraln close; Wheat--N°. 2 red. 54@c: No. 1 hard 54% @s4’%c: No. 2 hard. 54@54'%c. Corn—No 2 mixed. 59®60*c: No. 3 mixed. 59c- No" 6 mixed 57c: No. 1 vellow. 59*@60' No- 2 yellow 58%(f(60*c: No. 3 yellow. 58® 59%c: No. 4 vellow. 58®59%c: No. 5 vel!ow 58c; No. 6 vellow. 56*c; No. 2 white. 59*c: sample grade 54@55c. Oats—No 3 White. 28'*@29%c; No. 3 white. 27%@ it.sfsrt.sas'' T1 ”- OPEN MEMORIAL BIDS $848,500 Low Figure for Monument to George Rogers Clark. A bid of $848,500 for construction of the George Rogers Clark memorial at Vincennes of Mt. Airy granite, the material specified as the base for fixing bids, submitted by the Hegeman-Harris Company. Inc., Chicago, was lowest of the seventeen opened by the executive committee of the commission at the statehouse today. There was, however, a lower bid proposed by W. R. Heath Construction Company, Greencastle, of $830,000 for Stanstead granite, the second base material. In the Air Weather conditions at 9 a. m.: North wind, 6 miles an hour; temperature, 72; barometric pressure, 30.15 at sea level; ceiling, estimated 5,000 feet; visibility, 5 miles; field good. 500 Tanks of Oil Burn By United Press BUCHAREST, Rumania, July 9.— i An explosion today started a fire ini the petroleum district of Cuncu. Five hundred rail tanks of petroleum were destroyed.