Indianapolis Times, Volume 43, Number 62, Indianapolis, Marion County, 22 July 1931 — Page 12

PAGE 12

HEAVY SELLING ' FORCES STOCK fc SHARES LOWER $1 Divisions Except Oils React 1 to 3 Points in Early Deals.

Average Stock Prices

Average of thirty Industrials for Tuespv was 148.70. up 2 22. Average of twenty *•!* was 80.99, up 1.40. Average of twenty Utilities was 59.28, up .71. Average of forty bonds was 95.75, off .12. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July 22.—Selling br as heavy on the Stock Exchange during the morning dealings today and prices reacted 1 to more than 3 points in all divisions except the oils, which maintained a steady tone. Trading, while more active shan Tuesday in the first half hour, feettled back to a pace of a million fchares for a full day. Steel common broke through the B 5 level to 94%, where it was off points. J. I, Case was driven down to 72, off 2%, while American Can dropped to 103%, off 2Vi, fend Vanadium to 30%, off 1%.

Oil Group Strong . General Electric was off 1% on failure of the company to earn its dividend In the first half of the year. Paramount declined nearly a point on an analysis stating the empany may pay its next dividend stock instead of cash. The oil group was helped by a Sharp reduction in crude oil production, a drop in gasoline stocks and k firmer price trend for crude oil. Binclair and Phillips made small Rains while Standard issues eased plghtly below the previous close. | Utilities Sell Down ’ Utilities, especially those with sarge holdings abroad, were down ractions to more than a point. Rails oined the decline with Union Pacific off nearly 2 points at 162%, ’Atchison, off 2% at 163, and N. Y. pentral, off % at 86 V 2. Copper shares reacted after their decent firmness. Anaconda sold feown to 26, off 1%; American $6, and Nevada 9%, off %. Sugars jpeld steady with American Sugar refining, unchanged from the previous close. German bonds continued 1 to deeLne in the bond section, losing 1 i 4 points.

Bank Clearings

INDIANAPOLIS STATEMENT ' JUIV 32 ... $2,515,000.00 Kbits nKS i;i!!!; 5,8§8.000.00 CHICAGO STATEMENT _JUly 22 ~ ... $52,000,000.00 glances /.V.V.V.V-V.V.. 3.600 000.00 TREASURY STATEMENT Met balance . ••■*, 205.52 ferns "reel moV to date!:: 20,884.312.00

Local Wagon Wheat

Citv grain elevators are paying 39c for Na 9 red wheat and 37c for No. 2 hard wheat. - HALSEY STUART TAKES INSULL BOND OFFERING Iflsae Will Provide for Additions to Utility Company. Announcement was made today that the Public Service Company of Northern Illinois has sold an issue hf $15,000,000 4 per cent gold notes, due July 30, 1932, to Halsey, Stuart fee So. These notes are being offered to the public at 100 and interest. The proceeds of the sale of these dotes will be applied in such manner as to discharge all bank indebtedness of the company—its subsidiary, Public Service Subsidiary Corporation, having no bank indebtedness— and to provide for contemplated additions and extensions 'during the remainder of the current year. It is expected that part of these notes will t>e retired through pro- , ceeds derived from the sale of the company’s capital stock, and that the balance will be retired with tether funds which will be available. f Births • I Girls Ralph and Drma Mover. 2506 rrospect. I Dan and Evaline Pierce. Methodist hos- • and Kathleen Bvrd. Methodist k A?bm and Juanita Clark. 1054 Udell. Dean and Helen Berry. 218 North Addiion‘ Bv. Georce and Panagiota Geordopulos, j “claude arid Ruth Mandus. Methodist hosJames and Emma Rav. Methodist hosBU c a urtis and Frances Wray. Methodist hosB, Stanlev and Elizabeth Johnson. McthoNeva Hudson. Methodist hos- ® l Robert and Audrey Stewart. Methodist *"Robert and Laura Burleson. 1202 Haugh. Deaths Stetzel. 69. city hospital, chronic '**UMe , Rucker. 16. 2201 Hovey. pulmonary 1 Dearson. 55. city hospital, carHl 3ames CU Smanwo a od dl! 6“. SC Methodi S t hospUEaUoeXth La Verne Hibbitt. 5 days, city 1 Le? b ßrockmaT n n' days. Methodist hos- * T M^v nK Xnna id McNefT. 42. St Vincent’s _ frnetured skull, accidental. Quaker. 22. 2341 Wheeler. pU fflt r ßrid b s. r 3 U ho S ur S . 3157 North Gale. Baker 28. city hospital, tarntp lvmphatlc leukemia. _ _ 1 jamJi C Anspaucbh. 9. Lour hospital, be St2Shen a 'S. Fisher. 59. 1121 North Ta*OJlohnaDnvld C: F r wen C !*ios3 0 West ThlrtyT° Robert* C Wrav P 32* min.. Methodist hospital. ruptured cecum. __ OKLAHOMA FEEDS 500 Town Puts in SI,OOO, State Contributes S3OO for Miners. fit fnited Press HENRYETTA. Okla., July 22. yive hundred men and their families received employment and food today as Henryetta started relief •work organized after miners and farmers marched through town demanding aid. A fund of SI,OOO. contributed locally, was put to work supplying employment for as many as possible *t $1 <l®y. There also was S3OO Available from the state with the promise that more would be forth -

New York Stocks -ißv Thomson Si McKinnon) —————

-JuU M- Prev. Railroads— High Low. 11:30. close. Atchison 163 Iss% At! Coast Line ■ Balt it Ohio &f% 59% Chesa St Ohio.. 36 35% 35% 36% Chesa Corp 38 38% Chi Ort West... .. Chi N West 31% CRI St P 43 V a 44 Del L St W 123 Erie ... ... 22 7 Erie Ist pfd 337s 33 Great Northern 47V 47% Illinois Central 48% Kan City 50... ... 29 M K & T 15 14% 15 157s Mo Pacific 27 Mo Pacific pfd N Y Central 86 857s 86 87 Nickel Plate ~ 44% NY NH St H 72% ..... Nor Pacific 40% 40% Norfolk St West U3 O & W 12% 12% 12% 137s Pennsylvania .. 47 Va 47% 47% 48 So Pacific 82 83_ Southern Ry ... 32 31 31 327s St Paul 10 St Paul pfd .... 10 9% 10 St L Sc S F 18 % 18 Union Pacific ..163's 163 163 164 Wabash 14% W Maryland 13% 137s Equipments— Am Car St Fdy 18% Am Locomotive.. .. 19 Am Steel Fd 167a Am Air Brake S 297s Gen Am Tank 59 General Elec ... 42% 41% 42 42% Lima Loco 247a Press Stl Car 37s Pullman 38 Westingh Ar B 25% ... Westingh Elec... 667s 65% 667s 68 Rubbers— Fisk 7a Goodrich 137a Goodyear 41 41 Kelly Sprgfld 2L. 2% Lee Rubber tT 3 5 /b U S Rubber '... 14% 15% Motors— Auburn 170 168 1687s 171% Chrysler 23% 22-% 23 23 Va General Motors. 38 37% 377s 38% Hudson 13% Hupp 7 Mack 32 Nash 28 27% 277s 28 Packard 7% Pierce-Arrow ... 13% Reo 6% Studebaker 18 18 Yellow Truck 8% 87i Motor Access—

Am Bosch 14 Bendix Aviation 20% 20% 20% 21% Borg Warner.... 20 19% 19% 20 Briggs 13% 13% 13% 13% Budd Wheel 9% 9% Campbell Wy 11V* 11% Eaton 15 Haves Body 5% Kouda 5 Motor Wheel 10 Sparks W 8% Stewart Warner .. ... 11 11% Timken Roll 35 34% 35 34% Minings— Am Metals 12% Am Smelt 35 34% 34% 35 Am Zinc 5% Anaconda Cop.. 26% 26% 26% 27% Cal & Hecla 7% 7‘/a Cal St Arlz 40 % Ccrro de Pasco.. 17% 17 17 17% Dome Mines 12 Vs 117s 11% 12 Freeport Texas 27 Int Nickel 14% 14% 14% 147s I Inspiration 7% | Kennecott Cop... 19% 187s 19 19% Nev Cons 9% 10Va Texas Gul Sul.. ... 35% 36 Oils—— Atl Refining.... 16% 16% 16% 16'% Barnsdall 8% 8% Houston 9% 8% 9% 9% Indian Refining 2Va ... Ohio Oil 10% 10% Mex Sbd 16% 15% 16Va 157s Mid Conti 9% 10 Phillips 87s 8% 8% 8% Pr Oil St Gas 10% 10% Pure Oil 8% 8 8% 8 Richfield 1% 1% Royal Dutch 28 V* 30 Shell Un 6% 6% 8% 7 Simms Pt 6% Sinclair 11% 107s 11% 11% Skeliy 5% 5 Vi Standard of Cal 37% 37% Standard of N J 39V4 38% 38% 39% Standard of N Y 18% 18% 18% 18% Texas CO 24 24% Union Oil 17% Steels— Am Roll Mills 22 Bethlehem 46% 46 46% 47 Byers AM 32 % 33 Vs Colo Fuel lot/s Cruc Steel 46 Ludlum 127a Midland 17% Newton 10% Repub I& S 14% 15% U S Steel 96% 95% 95% 97% Vanadium 31% 30% 31% 32% Youngst S St T ' 471/4 Tobaccos— Am Sumatra ..... ... 8 Am To (Anew) i^i Am To (B new). 124% 123% 124% 124% General Cigar 341% 371/, Lig & Myers 8.. 74% 73V* 74 741/, LorUlard 207, 20% 20% 21 ’ Phil Morris ijui Reynolds Tob .. 51% 51 |>i 51% Tob Pr (A) ... jo% 10V-. United Clg .1 . . 4V Utilities— * Abitibl 451 Adams Exp 15% 15 L Am For Pwr.. 30% 29% 30 30% Am Pwr St Li.. 38 37% 38 38% A T & T 1787s 177% 1787s 179% Col Gas St El.. 31 30% 31 31% Com St Sou 8% 8% 87a 8% El Pwr St Li.. 39% 39 39% 40 Gen Gas (A) 5 5 Inti T St T 31% 317s 31% 32% Natl Pwr &Li 25% 26 No Amer Cos 69 70 Pac Gas & El.. 48 47% 477a 477s Pub Serv N J ... 81 So Cal Edison 44% 45 Vi Std G <te E 1.... 64% 63*4 64% 63% United Corp .... 23 22% 23 23Vi Ut Pwr & L A ... 23% West Uinon 181% Shipping— Am Inti Corn 14% 14% No Gm Lloyd... 17% 16 16 187s United Fruit 587s 587s Foods— Am Sugar 57Vi ... Armour A 2 2 Cal Pkg 24 23% 24 Can Dry 4040 Vi Childs Cos 21 Coca Cola 146 Vi Cont Baking A 14 14% Corn Prod 67% Cudahy Pkg ...... ... 41 41 Cuban Am Sug 57a 57a Gen Foods 49 Vi Grand Union ... 167a 157a 16Vi 16 Hershey 951/* Jewel Tea ' ... 41 Kroger 31% 29% 317, 30% Nat Biscuit 60% 60% 60% 61% Pit)sbury 28% Purity Bak 307* 30% Safeway St 58% 57% 58% 57% Std Brands 18V4 18% Drugs— Coty Inc 8% 87a Lambert Cos 69 6 8 Lelm & Fink ... 26% 26% 26% 267s Industrials— Am Radiator 137* 14 Bush Term 21 Certainteed 674 Gen Asphalt 23 23 Lehigh Port io% Otis Elev 42% 43% Indus Chrms — Allied Chem ....120% 119 120% 1217i Com Solv 17% 17 17% 17% Union Carb .... 51 49% 51 51 U S Ind Alco 30Va 30% Retail Stores— Assoc Dry Gds 19 u Gimbel Bros 6 Kresge S S 267i 267i May D Store 34 % ! Mont Ward 20% 21% Penny J C 34 33 Vi 34 34% Sears Roe 56 55% 56 56%

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 12c: henerv duality. No. 1. 14c: No. 2. 9c. Poultry (buying prices!—Hens weighing $ lbs. or over, 16c; under 5 lbs.. 15c; Leghorn hens. 12c: 1930 broilers, full feathered 2 lbs. and up. 21c: under 2 lbs.. 19c; tareback. 12c: Leghorn broilers. 18c: ducks. 9c; old cocks. B@9c: ducks, full feathered, fat whites. 9c: geese. Bc. These prices are for No. 1 top aualitv. Quoted by Kingan & Cos. Butter (whwole-sale)— No. 1. 27®28c; No. 2. 25®26c. Butterfat—24c. Cheese (wholesale selling price per pound!—American loaf. 22c: pimento loaf. 24c; Wisconsin firsts, 18c: Longhorns, 18c: New York limberger. 30c. By United Press NEW YORK. July 22.—Potatoes—Market, auiet: Long Island. $2 [email protected] barrel; southern. 50cfa;52.25 barrel. Sweet potatoes —Quiet: Jersey baskets. $1 [email protected]; southern barrel. SSAIO: southern basket. $1.75(tt3. Flour —Market, dull and steady, spring patents. $4.255i4.55. Pork —Market. Quiet; mess. $22.25. Lard—Market, firm; middlewest spot. .080(2.081c. TallowMarket .steady; special to extra. .03V*® .03%c. Dressed pouUrv-r-Market. steady to firm: turkeys. 25@50c: chickens. 22® 40c; broilers. 22®38c; fowls. 12(K45c: Long Island ducks. 13@18c. Live poultry— Market, dull: geese. 10®12c: ducks. 12® 21c: fowls. 20 Si 24c: turkeys. 12@25c; roosters. 14®15c; broilers. 22®35c. Cheese —Market .quiet and firm: state whole milk, fanev to special. 10%5’23c; voung America. 14%5i19c. —— * By United Press CINCINNATI. 0.. July 22.—Butter, steady; creamery ln tub lots, according to score. 23525 c: common score discounted. 2®3c: packing stock No. 1. 18c; No. 2, 15c: No. 2, 8 c; butterfat. 22(f24c. Eggs— Steady; cases, included: extra firsts. 21 %c; firsts. 16c; seconds. 14%c: nearby Ungraded. 18c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs .and over. 20c: 4 lbs. and over. 18c; 3 lbs. and over. 14c: Leghorn. 3 lbs. and over. 13c; roosters. 10c; broilers, colored. 1 lb. and over. 23c: 1% lbs. and over. 25c; 2 lbs. and over. 29c: fryers. 3 lbs. and over .29c: partly feathered. 15®20e: Leghorn broilers. 1. lb. and over. 20c; 1% lbs. and over. 23c: 2 lbs. and over. 23c; black springers. 20e. By United Press CHICAGO Julv 22—Eggs—Market, steady; receipts. 9.024 cases: extra firsts. 20®20%c: firsts. 18%e: current receipts. 15@17c: seconds. 12fil4c. Butter—Market, steady; receipts. 8 972 tubs: etxrss 94c: extra firsts. 2323%c; firsts. 21%i22‘4c: seconds. 18<’<i20c; standards. 24%c. Poultry —Market, firm; receipts. 3 cars; fowls. 20% 021 c; springers. 24@27c: Leghorns. i*rclucks. 13®16c: geese. 14c: turkeys. 15© 18c; roosters. 12c: broilers. 2 lbs.. 21c: broilers, under 2 lbs.. 21@23c: Leghorn broilers. 19%i20c. Cheese—Twins. 13® 13%e: young Americas. 13%®13%c. Potatoes—On track. 334: arrivals. 135; shipments, 590; market, weak: Louisiana sacked triumphs. $1.50® 1.60: Missouri sacked cobMers. $1®1.10: Kansas sacked Cobblers, #*?**!; east shore Virginia barrels. $2.2502.50.

Woolworth .... 88 67% 68 68% Amusements— Col Graph 9 9 Eastman Kod ..147% 145 146% 148% Fox Film A 17 16% 167, 167* Loews Inc .... 45% 45 45% 46% Param Fam .. 237 22% 23% 24*% Radio Corp ... 18 s„ i ß ; a 18% 19% R K O. 14% 14% 14% 14% Schubert 34* Warner 8r05.... 7% 7% Miscellaneous— Congoleum .... 13 12% 12% 13% Amer Can 105% 104% 104's 106 V, Cont Can 517 50% 507 53 Curtiss Wr 3% 3% oJnette S R.... 227 21% 217 22% Real Silk 7 Un Aircraft.... 28% 28 28% 2874 Int Harv 43% 42% 42% 437,

Bright Spots of Business

By United Press Crude petroleum prices are to be advanced in Oklahoma, Texas and Kansas, according to reports reaching here today. International Business Machines earned $5.64 a common share in the first half of 1931, against $5.45 a share in the corresponding 1930 period. Hershey Chocolate Corporation In the first half earned $4,718,680, against $4,253,714 in the 1930 period. A. Hollander & Son, Inc., first half net was equal to $2.15 a share, against $1.73 in 1930. New York, Chicago & St. Louis Railroad net income for the first half totaled $1,038,584, against $646,314 in the 1930 period. Perfect Circle Company first half year net totaled $494,662, against $368,057 in the 1930 period. Waldorf System first half net was $604,270, against $592,101 in the corresponding 1930 period.

The City in Brief

THURSDAY EVENTS Indianapolis Real Estate Board, luncheon, Indianapolis Athletic Club. Advertising Club, luncheon, Columbia Club. Indianapolis Engineering Society, luncheon. Board of Trade. American Business Club, luncheon, Columbia Club. Sigma Nu, luncheon, Lincoln. Sigma Chi, luncheon, Board of Trade. Civil service vacancies announced by Henry M. Trimpe, local secretary, include; associate home economics supervisor; city planner, junior magnetic and seismological observer. * Appointment of C. McManis, of Joliet, 111., as superintendent of the Indianapolis office of the Western and Southern Life Insurance Company, was announced today. E. C. Vantress, of the advertising department of the Curtis Publishing Company, will speak Thursday noon at the meeting of the Indianapolis Advertising Club at the Columbia Club. Apartment Owners’ Association of Indianapolis will hear John L. Avery, apartment operator, today at a luncheon meeting at the SpinkArms hotel. A night-blooming cercus, commonly known as the century plant, which blooms every twenty-five years, flowered last night in the yard of Albert Janert, 92 East Tabor street. Thomas A. Coleman, director of the agricultural division of Purdue university, told the Rotary Club Tuesday at the Claypool, that the farmer will get relief from his difficulties according to the knowledge he has of his business. He wall require a wide range of knowledge relative to marketing and all other business features of farming, he said.

Indianapolis Stocks

■—July 22 Bid. Ask. American Cent Life Ins C0..1,000 Belt R R & S Yds Cos com.. 29% 35 Belt RR & Yds Cos pfd 65... 49% 55 Bobbs-MerriU Cos 20 26% Central Ind Pow Cos pfd 75... 72 75 Circle Theater Cos com 75.... 100% 303% Citizens Gas Cos com 10s 23 26 Citizens Gas Cos pfd 5s 98 101 Commonwealth Loan Cos pfd 7s 97 101 Commonwealth Loan Cos 85...100% 101 Hook Drug com 10 Indiana Hotel Cos Claypool c. .105 Ind Hotel Cos pfd 6s 100 Indpls Gas com 6s 56Vs 60 Indpls Pw & Lt Cos pfd 6%s 104% ... Indpls Pub Yel Ln Assn cm 8s 55 Indpls Wa Cos pfd 5s 100% ... Pub Servos Ind 7s 97% 100 Pub Servos Ind 6s 82 87 Metro Loan Cos 8s 100% ... North Ind Pub Ser Cos pfd 5%s 94% ... No Indiana Pub Cos 7s 110% ... Progress 18% ... E Rauh & Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 10% ... Ter Haute Tr & Li Cos pfd 6s 89 Union Title Cos com 3s 10 Van Camp Prod Cos Ist pfd 93 Van Camp Prod Cos 2d pfd Bs. .. 93 Backstay Welt Cos com 13 16 Ind Pipe Line Cos 11% 12 Link Belt com 21 23 Lynch Glass Machine Cos com 17 18 Noblitt Sparks Industrials Inc 42% 44% Perfect Circle Cos com , 33 34 Real Silk Hosiery Mills Inc.. 7 8 Real Silk Hosiery Mills pfd... 25 30 Standard Oil Cos (Indiana).... 27% ... Ross Gear 19 20 Natl Title A.... 5% 6% J D Adams Manufacturing Cos 18 20 •Ex dividend. BONDS Bid. Ask. Belt R R & Stk Yds Cos 4s 92 Cent Ind Gas Cos 5a 99 ... Cant Ind Power Cos 6s 100 ... Citixens Gos Cos 5s 100 ... Citizens Street Railroads 55.. 21 ... Home T&T of Ft. Wavne 6s. 102% ... Ind Railway & Light Cos 55.. 93 96 Indpls Pow & Li Cos 5s 103% 104% Indpls Gas Cos 5s 102 ... Indpls Street Rvs 4s 10 Indpls Trac Terminal Cos 55.. 43% ... Indpls Union Rv 5s 102 ... Indpls Water Cos 5%s *54 104 Indpls Wat Cos Ist lien ref ss. 101 Indpls Water Cos 4%s 100 101% Indpls Water Wks Sec Cos 55.. 89 Interstate Pub Ser Cos 4%5.. 93% ... Interstate Pub Ser Co(B) 6%5.102 Interstate 5s 99 ... No Ind Pub Serv Cos 102 ... Terre H T & L 5s 93

Net Changes

By United Press NEW YORK, July 21.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Alaska Juneau 15% ... % American Can 106% 1% ... American and Foreign Pwr. 3C% \ ... American Smelting 35 % ... American Telephone 179% % ... Auburn 171% 1% ... Bethlehem Steel 47 1% ... Case 74% 1% ... Chrysler (unchanged! 23% Consolidated Gas 95% % ... Fox Film (A) 16% ... *• General Electric 43% % General Motors 38 % % ... International Nickel 14% % ... International Telephone... 32% % ... Kennecott 19% ... % Loews. Inc 46% % ... Lorillard 21 ... % National Biscuit 61% 2 New York Central 87 1% Paramount 24% ... % Phillips Petroleum .8% % ... Public Service 81 1 ... Radio Corp 19% % ... Sinclair 11% % ... Standard Oil. N. J 39% % ... Texas Com 24% % ... United Aircraft 28 1 U. S. Steel 97% 1% ... Westinchouse Elec 68 % ... Worthington Pump 51 2 New York Liberty Bonds —July 21— 3%s 102.21 Ist 4%s 103.12 4th 4%S .. 104.39 Treasury 4%s ......T. 113.11 Treasury 4s 108.27 Treasury 3%s of '43 t ...... 102.25

THE INDIANAPOLIS TIMES

LITTLE CHANCE NOTED IN HOGS AT CITYYARDS Good and Choice Slaughter Class Cattle Strong to Higher. July. Bulk. Early Top. Receipt*. 15. '67.25® 7.85 *7.85 5.000 16. 7.30® 7.90 7.90 4.500 17. 6.75® 8.15 8.15 4,500 18. 6.50® 7.85 7.85 1,500 20. 6.40® 7.85 7.85 3.500 21 6.40® 7.75 7.75 4.500 22. 6.40® 7.75 7.75 4.000 Little change with action dull in all classes featured hogs this morning at the stock yards. Prices held steady with the bulk, 140 to 300 pounds, selling at $6.40 to $7.75. Early top stood at $7.75. Receipts were estimated at 4,000; holdovers were 155. In the cattle market good and choice slaughter classes were strong to slightly higher, others steady. Receipts were 1,200. Vealers held steady at $7.50 down. Calf receipts numbered 500. Sheep were strong with spots 25 cents higher. The bulk sold at $7 to SB. Top price was $8.25. Receipts were 1,900. Chicago hog receipts were 13,000, including 2,000 direct. Holdovers, 8,000. Market slow, with few early bids about steady at Tuesday’s average. Good to choice hogs from 190 to 210 pounds were bid at $7.50, while choice of 280 to 290-pounders were bid around $6.40. Cattle receipts were 10,000. Calf receipts, 2,500, and steady. Sheep receipts were 9,000, market steady to 25 cents higher.

HOGS Receipts. 4.000; market, steady. —Light Lights—-(l4o-160) Good and choice....* 7.25® 7.50 —Light Weights—-(l6o-180) Good and choice.... 7.75 (180-200) Good and choice.... 7.75 —Medium Wetghts—-(2oo-220) Good and choice.... 7.65@ 7.75 (220-250) Medium and g00d... 7.20® 7.50 ■ —Heavy Weights—-(2oo-220) Good and choice.... 7.65® 7.70 (290-350) Medium and g00d... 6.00® 6.40 Packing Sows - —** (275-500)Medium ana g00d... 4.00@ 5.25 (100-130) Slaughter pigs 7.00 CATTLE (Slaughter Class) Receipts, 1,200; market, steady. —Steers— Good and choice * 7.50® 8.75 Common and medium 5.00® 7.50 (1,100-1,500) Good and choice 7.25@ 8.50 Medium 5.50® 7.25 —Heifers—-(soo-850) Good and choice 7.50® 8.75 Common and medium 4.50® 7.50 -—Cows— Good and choice 4.25® 5.50 Medium 3.25® 4.25 Cull and medium 1.75® 3.25 —Bulls (yearlings excluded)— Good and choice beefs 4.00® 4.75 Cutter, common and medium.. 2.75® 4.00 CALVES AND VEALERS Receipts, 500; market, steady. —Vealers— Good and choice $ 7.00® 7.50 Medium 5.00® 7.00 Cull and common 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® 7.25 Common and medium 3.75® 5.00 -(800-1,500) Good and choice 5.00® 7.25 Common and medium 3.75® 5.00 SHEEP AND LAMBS Receipts, 1.900; market, steady. Good and choice $ 7.25 @ 8.25 Common and medium 4.50® 7.25 Ewes, medium and choice 1.75® 3.25 CuU and common I.oo® 1.75

Other Livestock By United Press . CINCINNATI, July 22.—Hogs—Receipts, 1,600; held over. 120; slow, unevenly steady to 10c higher: better grade 170 to 220 lbs.. $8 to mostly sß.io; heavyweights very, irregular, mostly steady: some 230250 lbs., $7.50®7.75; 265-280 lbs., $6.75® ?' 310 lbs. down to $6.50; 120-160 lbs.l largely. $7.50; a few sows. $4.50®4.75; heavy weights down to $4.25. Cattle—Receipts, 300; calves. 500; slow about steady; odd lots common and medium grass steers and heifers. ss® 6.75: a few better finished lightweights. [email protected]; small lots $8; most beef colts, $3.75®4.75; low cutters and cutter cows. [email protected]; bulls weak, mostly $4.50 down, few $4.75; common lightweights. $3.25®3.50; vealers steady to weak; good and choice, s7(</n: lower grades mostly $6.50 down; few $7. Sheep—Receipts. 4.000: better grade ewe and wether lambs active, fully steady $8.50®9.25 mostly $9; one choice deck bid $9.50; others steady; throwouts. $5.50® G. 50; buck lambs. $6.5008; fat ewes mostly $2®2.50; culls down to $1 or below.

By United Press EAST ST LOUIS, HI.. July 22.—Hogs— Receipts. 6.500; market, steady: top, $7 75; bulk 160-220 lbs., [email protected]; 230-280 lbs. $7.1567.50; 260-290 lbs.. $6.50@7; 100-150 lbs.. $7(®7.65; sows, largely $4.50fa;5.50. Cattle—Receipts. 2,500; calves, receipts, 1.200; market, vealers. 50c higher at $8: western steers. 10@15c lower; other classes generally steady with spots strong on yearling steers and mixed yearlings and heifers; top yearlings steers. $8.90. Sheep —Receipts. 2.000; market, few choice, lambs to city butchers, strong at $7.50one small lot. $7.75; packers bidding steady, around $7 for better lambs. By United Press EAST BUFFALO .July 22.—Hogs—On sale. 1.300; desirable 150-210 lbs. fairly active to local packers; mostly 10c lower at $8.25; others slow; bidding around $7.75 200^ 23 . 0 , lbs - few 285 l bs - sold at $6.75. Cattle—Receipts. 200; active; fully steady: good steers. $8.25: medium heifers. $7.55; grassy steers and heifers, $6 50 fa 6.75; cutter cows. $2.25®3.50. Calves— Receipts. 200; vealers. unchanged, $9 down. Sheep—Receipts. 1.500; lambs rather slow; mostly steady; quality only fair; good to choice laxly sorted; bucks, around $8; throwouts. $6.50@7. By United Press TOLEDO. July 22.—Hogs—Receipts, 200 market, steady; heavies. $5.50®6.25; mediums. $6.50fa7: Yorkers. $7.25fa7.40; pigs. [email protected]. Cattle —Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep—Receipts, light; market, steady. By United Press FT. WAYNE. July 22.—Hogs. 100-140 lbs.. $7; 140-160 lbs.. $7.15; 160-180 lbs., $7.50; 180-200 lbs.. $7.60; 200-210 lbs.. $7.45; 210-220 lbs.. $7.25: 220-240 lbs.. $7; 240-260 lbs.. $6.85; 260-280 lbs.. $6.60: 280300 lbs.. $6.35; 300-325 lbs.. $6.10: roughs. $4: stags, $3: calves. $8: lambs, $7; market, steady. By Times Special LOUISVILLE. Kv.. July 22—Hogs—Receipts, 450; market. 10c higher: 175-250 lbs.. $7.60; 250 lbs.. $7.05; 130-175 lbs.. $6.95: 130 lbs. down. $6.30: packing sows. [email protected]; stags. $3.80 down. Cattle— Receipts. 200; market, steady; medium and eood steers. s6@7: lower grades. [email protected]; medium and good heifers. $5.50577; mostly better grades. [email protected]: common cows, $2.50@3: two grade cutters. $1.25(5.2.50; bulls. $3(54.25. Calves—Receipts. 300; market, steady; tops. $6.50: medium grade vealers, $4.50(55.50; culls. $4 down. Sbeep and lambs—Receipts. 2,500: market, slow; generally steady to 25c higher than Tuesday's ouotations: bulk choice lambs, $8(58.25: buck lambs. [email protected]: culls. $4 down: ewes. $1.50®2.50; aged bucks. sl@ 1.50. Tuesday’s shipments—Cattle, none; calves, none: hogs, node: sheep. 962. By United Press CLEVELAND. July 22.—Hogs—Receipts. 800; holdover. 180: steady to easier; pigs. 25c off: top. $8 on 160-230-lb. sorts; mixtures and plainer qualities downward to $7.85; 240-250-lb. weights most Digs, $7.50: 260-300-lb. mixture. $7; scattered. 305-380-lb. kinds, $6(56.50 Cattle —Receipts. 450; market-, over-supplied, nlain and trashy offerings, desirable lightweights in demand, but scarce: few sales common to medium steers. [email protected]. weak: cows and bulls, steady; low cutter to common corns. $2.50(5 4.25: sausage bulls, 54<55. Calves—Receipts. 600: weak to 50c lower; better grade vealers. $9fa9.50: odd heart higher: medium to good mixtures. $8.50 down; culls. $6(57. Sheep—Receipts. 900; weak to unevenly lower; merely good lambs. $8 down: buyers wanting choice kind around $8.50; cul Ito medium lots, s4® 6.50: according to kind. Building Permits Circle Tower building, alteration of opening, Monument place, $1,500. Thomas Gibson, garage, 1219-21 Oliver, S2OO. Fred Henschen, repairs, 2612 Broadway, $285. Charles .Rieger, garage, 806 Highland, S2OO. Ye Old Broadlng House, sign, 32 North Pennsylvania. $3,300. Indianapolis school board, wreck building. 702 Union. $1,500. _ P’T mc >uth Savings and Loan, repairs, 942 Park. $225. RAW SUGAR PRICES —July 21— , High. Low. Close. January 1.53 1.51 1.53 March 1.53 1.5* 1.58 May 1.63 1.60 1.63 September 1.44 1.41 1.44 December LU 1.48 L3l

BELIEVE IT or NOT

r~~ - The LEMES of This MAPiE Tree > * CRUM ° N ONt 5 ' M W,D REP Of* The oThcr Sentenced To DCATt! Sark By JuoGf. HoPfER, oj Edinburgh,Scot: BECAUSE IT ACCIDENTALLY SHOT A MAN Tq V— lg * MILLER HAS WORN iSrSM* BOOTS „ I For. the PAST 7/ YEARS Danville,Ky. l —l question ■ PfeASimiH.il. Bio - , NtwsFWER - ' £> 1921. Kin s Fcotm** ftpntftratc, fne.. firm Orttutn rights reserve*. '"*

Dow-Jones Summary

Owens-Illinois Glass Company declared a regular quarterly dividend of 50 cents on common stock, payable Aug. 1. of record July 30. Minneapolis. St. Paul & S. S. Marie Railroad system for six months ended June 30. net loss 3.678.402 after taxes and charges against $2,908,501 in first half of 1930. June net loss $355,581, against $113,309 in June. 1930. New York cables opened In London at 4.84%, against 4.8413-16; Paris, checks, 123.70; Amsetrdam, 12.04; Italy, 02.775; Berlin. 20.75. Continental Oil Company raises prices on crude oil to flat price of 40 cents a barrel in Oklahoma. Kansas and North Central Texas. Former price was 10 to 22 cents a barrel. stßte ? gasoline* stocks declined 965.000 barrels last week to 37,377,000 barrels. according to American Petroleum Institute. Crude oil output off 97,850 barrels daily In week to 2.446,800 barrels. Wilcox Rich Corporation declared a regular quarterly dividend of 62% cents on class A stock, payable Sept. 30, of record Sept. 20. Lily-Tulip Cup Corporation in year ended June 30. earned $3.14 a common share. Brazilian Traction Light and Power Company June net after expenses amounted to $2,030,226. against $2,471,239 in June 1930. Six months $11,311,311. agamst $14,021,020. Puget Sound Power and Light twelve months June 30. profit $4,175,578. after taxes and charges, but before depreciation, against $4,469,702 in previous twelve months. Western Dairy Products. Inc., declared a regular quarterly dividend of $1.50 a share on preference series A stock, payable Sept. 1. of record Aug. 20. Campbell Wyant & Cannon Foundry earned 85 cents a share in half year, against $1.87 year ago. June quarter 45 cents, against 40 cents in previous quarter and 73 cents in 1930 period. General Electric six months’ earnings. 75 cents a common share, against sl.Ol a year ago. June quarter 37 cents, against 38 cents in previous quarter and 51 cents in June, 1930, quarter. _ Atlantic Refining six months net loss. $4,013,000 after all charges and Inventory adjustment, against net profit $2,818,823 in first half of 1930. Union Carbide and Carbon Corporation in June quarter earned 50 cents a share, against 51 cents in previous quarter and 70 cents in June auarter 1930. Half year earnings sl.Ol. against $1.42 year ago. Electric Bond and Share earnings for twelve months to June 30. equal $2 a snare on average common stock outstanding. against $2.55 on average shares in previous year. Net assets on June 30, equaled S3B a common share against $39. Pennsylvania-Dixie Cement Corporation twelve months June 30. net loss $115,551 after all charges, against net profit of $364,553 in previous twelve months. Treasury offers $50,000,000 ln ninetyday bills to be sold on discount basis to highest bidder. Lousiana Oil Refining Corporation declared a regular quarterly dividend of $1.62% on 6% per cent cumulative convertible preferred stock, payable Aug. 15. of record Aug. 1. Chicago Stocks Opening (By James T. Hamill & Cos.) —July 22 Bendix Avia... 20%jM0 Kan Pipe L 5 Borg Warner .. 19% Middle West .. 18% Cent P Serv A 11%|N Am P & L.. 68% Cord Corp BV*iNatl Std 28 Cont Chi com.. s’/*!Pft Circle 35 Grigsby Grunw 3%:Swift & Cos ... 26 Elec Hsehold.. 16 US Rad & Tel 24% Insull com ... 30%(Walgreen Strs.. 7 BADLY HURT IN CRASH City Man Suffers Critical Injuries When Car Overturns. Pinned beneath an auto that overturned following a crash at Pleasant Run boulevard and Linden street, Adam Glick, 78, of 2301 Hoyt avenue, was injured critically today. The car in which he was riding was driven by his daughter-in-law, Mrs. Edna Glick, R. R. 7, Box 211, and was struck by another driven by William Spurgeon, 1015 South Belle VWu place. Spurgeon was slated for failure to stop at a boulevard and assault and battery. Glick was taken to city hospital. NEW YORK COFFEE RANGE —July 21High. Low. dose. March 6.10 5.87 6.08 May 6.20 6.00 6.17 July 5 28 5.15 5.15 September 5.61 5.40 5.61 December 5.89 5.70 5.89

Specialists In Unlisted Securities Edw. W. Zaiser Securities Corporation Y*# E. Market

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 Tuesday’s Times; California Taylor’s Beard William Taylor, an American Methodist bishop (1821-1902), who was later elected bishop of Africa, is described as the greatest missionary of modern times. He

New York Curb Market

(By Thomson & McKinnon) —July 22 11:301 11:30 Alu Cos of Am.l26%'Nat Fam Stores 3Vi Am Cynamid .. 7%| Nat Inv 5 Am Gas & Elec 67V2| Newmont Min .. 31 7 /* Am Sup Pwr.. 11%| Nia Hud Pwr .. liy 4 Ass Gas & El A 13%i St Regis Paper. 13% Braz Pwr & Lt I<U- 1 So Penn Oil .. 13 Can Marc .... 2%| So Union Gas ~ 8 Cent Sts Elec .. 7V*I Std of Ind .... 27% Cities Scrv 10%i Stutz 12% Deere & Cos ..23 iTrans Air Trans 5% Elec Bd 5h.... 39%! Un Gas 6% Ford of Eng ... 12 iUn Lt & Pwr.. 21 word o fFr .... 7Vi Un Verde 9% FoV Thea .... 2% Ut & Indus .... 6 Goldman Sachs sV'2lUt Pwr B 9 Hudson Bay ... 4 V 4 i Vacuum Qil .... 48 Imp Oil of Can 12%; United Fndrs .. 5% Int Pete 12 I

Investment Trust Shares

(By Gibson & Bernard) PRICES ARE TO 12 NOON C. S. T. —July 21— Bid. Ask. Amer. Founders Corp com 3% 3’/2 Am & Gen Sec A 13 ... Am Inv Trust Shares 4% 5 Basic Industry Shares 4% 5% Corporate Trust Shares 4% 5% Cumulative Trust Shares 6% 6% Diversified Trustee Shares A... 14% ... 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% 5*4 Sel Am Shares 4% 4% Shawmut Bank Inv Trust ... 7% ... Universal Trust Shares 4% 5%

MOTION PICTURES

APOLLO THE &£ ONES PLAY life’s Spotlight Searched y^JOANUN^f HARPti ALBRIGHT I FREE I S BARBARA STANWYCK AUTO | £ln “The NIGHT NURSE” PARK | x With CLARK GABLE

rraTOTOrrrnard coo. Also Laurel-Hardy Comedy STARTING SATURDAY M-G-M Gave You, "A Free Soul" __yoto They Have Another Hit ADOLPHE MENJOU ERNEST TORRENCE IRENE DUNNE I NEIL HAMILTON *—aWruai i \TMg—mi—Mhw

AMUSEMENTS rypi SO II Nites, 60c, si, 81.50 riVfilß Mat ineea 2:30 Wed., LIIULIIJI I Thors, 26c, BOc, 75c MAGNIFICENT! and mote pswerful than ever! MRS. LESLIE CARTER as “Mother Goddam” ln “THE SHANGHAI GESTURE” An Arthur Casey Prod action NEXT SUNDAY NITE Peek Into the future through the merry eyes of George Bernard Shaw! ‘‘THE APPLE CART” Season's Most GosQy Production

I-C *7 Registered O. & U y Fatent Office RIPLEY

carried the cross to every part of the inhabited globe. Both physically and spiritually he was a giant among his associates. His cognomen of “California” refers to his missionary activities in that state. There was a note of religious humility in his personal attire, and he was wont to refer to his luxurious beard as his substitute for a shirt. Thursday—" The Man Who Wore Nothing but a Leather Suit for Thirty Years.”

MOTION PICTURES

i ast Nancy Carroll TWO “THE NIGHT ANGEL” DA * S with Fredric March j “SUMMER FOLLIES!* | Men May Love a || Thousand Times iiove ONC€* I| PAUL LUKAS I §§i Eleanor Board*®* ■ It Juliette Compton f rajuditfcjN®®*! IS 1 5 “3§J

AMUSEMENTS Th Glorious Screen Star I Bnd Hollywood Cast In onegxtjflfltfltffr P,ar>t “ Snobb, * hneM- ' W Rousing Outdoor L E3 -W MMKBQefV J- n Person I I Romance nTT?! 6 ACTS RKO A|IIA4 JI ■ 1

BROAD RIPPLE POOL Will Be Closed Between the Hours of 4 and 5 o’Clock THURSDAY AFTERNOON During the Funeral of JACK SHAFFER

TOLY 22, 1931

LACK OF NEWS ADDS UNCERTAIN TONETOGRAINS Gains, Losses About Evenly Distributed in Earty Trading. BY HAROLD E. RAINVTLLE United Press Staff Correspondent CHICAGO, July 22.—Grains were somewhat unsettled as the Board of Trade opened today, but for the most part were firm. The unsettled appearance of the German conferences and weakness in stocks combined with easy cables, but the market was slow to accept the news. Liverpool was weak with some pressure from Australia. Wheat moved minor fractions at the start. Corn was uncertain with July Ann on prospects for hot weather. Oats were about steady with the major grains. At the opening wheat was L* cent lower to % cent higher, corn was % cent lower to % cent higher and oats were unchanged to cent off. Provisions were slow and easy. Chicago Grain Range —July 22WHEAT— Prey. High. Low. 11:00. close, July 54% .53% .54% .54% Sept 54% .53% .54% .53% Dec 58% .57% .58% .58% CORN— July .58% .58% .58% .57% Sept 52% .52% .52% .52% Dec 45% .45% .45% .45V, OATS— July 26 Sept 26% .26% .26% .26% Dec 23% .29% .29% .29% RYE— July 35 Spt 37% .37% Dec 40% .40% LARD— July .... .... .... 7.77 Sept 7.80 Oct 7.77 7.80 By Times Special CHICAGO. July 22.—Carlots: Wheat. 672; corn, 122; oats. 16; rye, 0. and barley, 3.

New York Bank Stocks

(By Thomson St McKinnon) Bid. Ask. America 42 45 Bankers 96% 99% Brooklyn Trust & 380 390 Central Hanover r 220 225 Chase National 71% 74*j Chatham Phoenix Natl 63% 66' a Chemical 46 48 City National 81% 84% Corn Exchange 96*% 100% Commercial 247 257 Continental 21% 24% Empire 45% 48% First National 3,575 3,775 Guaranty 457 462 Irving 33 35 Manhattan & Cos 71 74 Manufacturers 43% 45% New York Trust 145 150 Public 48% 51%

MOTION PICTURES mri fjjgwpw—"thkkl days: _ ‘‘WHITE SHOULDERS” with Jin ary Astor Jack Holt Woman"

I last “THREE WHO LOVED” I J TWO —plus—j§ DAY * Gov. Pinchot in South Seas | llic Girt Paramount’s funfest with that jovial gloom chaser— ~J/ A CHARLIE ftt)66IES U TAMARA GEVA fffi Margaret Dumont A Sure Cure for the If MQt Depression Blues! 11 l Frank Ditmar’s 1 “ Like ?, m j Bea 3 i Folk *’’ I I‘Lady Play I i Your V Talk;" 1 1 |MandoHiVjNe Ws R £ J