Indianapolis Times, Volume 44, Number 27, Indianapolis, Marion County, 11 June 1932 — Page 8

PAGE 8

RISE IN AUBURN ADDS STRENGTH TO STOCK LIST Upswing in Wheat Another Favorable Factor in Day’s News. Average Stock Prices Averaga of thirty industrial* for Thursday 45.32, up .12. Average of twenty rails 15.25, up .11. Average of twenty utilities 1706, up 25. Average of forty bonds 70.31. off .54. BY ELMER C. WALZER United Press Financial Editor NEW YORK. June 10.—An oldtime drive on the shorts in Auburn sent that issue soaring nearly 20 points today in heavy turnover, the spurt furnishing the general market background for a rise of fractions to 4 or 5 points, majority of which was retained. News was bullish in many sec- j tions. One adverse item was a re- ; duction of 149,764 tons in the United ! States unfilled order total for May 31 as compared with April 30. Thus, however, was expected and it had only temporary effect on the market. The day’s most favorable item was the department of agriculture report based on crop conditions as of June 1. Winter wheat crop was placed at 410,669.000 bushels, which would be the smallest crop since 1925 and with that one exception since 1917. Spring wheat condition was placed at 84.5 per cent, or 2.3 per cent below the June 1 ten-year average for the period 1919-1928. Case in Demand This bullish crop report immediately brought response in the grain market where wheat netted gains for the day of IV* to 1% cents a j bushel. Other grains and commodities followed wheat up. Harvester shares instantly were in demand, for a rising wheat market which improves buying power in the farming communities always reacts tn favor of these issues. Buying was heavy in J. I. Case issues, much of it short covering. Case common at one time touched 26, up 8 points, while the preferred reached 42 7 i, up 12%. In addition to the grain report, the market had several other items in its favor. The weekly report of Bradstreet’s covering conditions in fifty-five leading cities was distinctly favorable. It found confidence returning in many lines and noted a sizable group of improvements. Dollar Moves Up The senate appeared to be working toward adjournment next weeki for the convention of the Republican party, and this was considered highly favorable for the stock market. In event of such adjournment the bonus bill could not be brought up at this time, and, according to observers, this would be decidedly helpful to sentiment. The weekly federal reserve report showed no change in the system’s plans for an easy money policy, and another favorable item was a reduction of $15,000,000 in money in circulation. A drop in loans at New York was considered only temporary. The dollar continued to move up against European currencies, greatly encouraging the financial community. French francs were weak, off % point, while Swiss francs lost more than a point and Dutch guilders were down 5 points. The gold exodus, which last week drew $131,000,000 from this country was expected to be nearing an end. Averages Show Gains According to preliminary calculation, the Dow, Jones & Cos. industrial average stood at 48.94, up 3.62 points, rail average at 16.36, up 1.11 points and the utility average at 18.46, up 140 points. Sales totaled 1,300,000 shares, compared with 1,200,000 shares Thursday. Aggregate market value of ten leading stocks was $4,164,006,501, against $3,893,294,083 Thursday, an advance of $270,712,418. Bank Clearings INDIANAPOLIS STATEMENT —June 10— Clearlncs ........••••••....■51.864,000 .00 Debits . . 5.793,000.00 TREASURY STATEMENT —June 10— _ _ Net balance for June 8 $256,067,208.42 Expenditures 14.534,354.85 Customs rects. month to date 4,429,626.99 Foreign Exchange (By James T. Hamill & Cos.) —June 10— Open. Close. Sterling. England 3.67% 3.67% Franc Fiance -0394% .0393% Lira Italy IS9S .0513*4 Mark. Germany 2373 ,23i5 Guilder. Holland <O4B .4046 Resets, Spain 0825 .0825 Krone, Norway 1829 .1835 Krone, Denmark 2007 ..010 Yen, Japan 3162 .3175 New York Curb Market (By Thomson A- McKinnon I --June 10— Closer Close Alum CX> of Am 24-I*.Gull Oil 24’* Am Cyanamld.. J*.Hudson Bay .... 1% Am Gas & Elec, 17% Humble Oil .... 3. Am Lt it Trac.. 12% Insult Ut ....... * Amer Sup Pwr.. I s * Imp Oil of Can.. 6% Ark Gas (A).... Vint Pet 8' Asso Gas & Elec J Mt Prod 3 Braz Pwr & Lt. 8% Newmont Mm .. 6 Cent Sts Elec... % Nat Bond ASh 19 Cities Service .. 2% Nia Hud Pwr... 3'. Con Gas of Balt 42' j Pitt Glass 12% Com Edison ... 56 Penroad V* Cord 3% St Reel* Paper.. 2 Deere A* Cos .... 6% Std of Ind 17% El Bd A Share 7%Stutz 10 Gen Aviation .. 1% Trans Air Trans 1% Ford of Can ... 6 Un Lt A Pwr... 2 Ford of Eng ... 2’4 Ut Pwr % Great A A P.. .UOVUn Fndrs % New York Bank Stocks (Bv Thomson A McKinnon) —June 10Bid. Ask. Banker* 38% 40% Brooklyn Trust 128 143 Central Hanover 83 89 Chase National 21% 23% Chemical , 28% 30% City National 35% 27% Corn Exchange 38’. 41% Commercial 93 101 Continental 11 Empire 13% 15% First National 895 995 Guaranty 185 192 Irving .. 13% 14% Manhatten A Company 18% 18% Manufacturers 17% 19% New York Transit 58 81 Public 17% 19% NEW YORK COFFEE RANGE —June 10— High. Low Close. September 6.34 6.32 6.33 December 6.27 6 23 6.24 RAIV SUGAR PRICES —June 10— Hiah. Low. Close. January 85 .84 .85 March 90 88 . 90 Julv 70 .87 .69 September 77 .73 .75 December .64 .61 .8i

New York Stocks Bv Thomson St McKinnon)

! By United Press NEW YORK, June 10.—Sales on the New York Stock Exchange today totaled 1.300,000 shares. Curb ! stock sales were 150.000 shares. —June 10— Prev. Railroads— High. Low. Ciese close. Atchison 28% 28% 28% 25% Atl Coast Line 14'* Halt A Ohio ... 5% 5% 5% 5 i Chesa A 0hi0... 12% 10% 12% 11 I Chesa Corp 7 6% 7 6 I Can Pac 8% 8% 8% 8% I Chi N West 3% 33% 3 | C R I A P 2% ... Del A Hudson 39 I Erie 3% 3% Erie Ist pfd .... 5% 5 5% 4% Great Northern. 8% 7% 8% 7% ! Illinois Central.. 7% 6% 7% 7% I Lou A Nash .... 10 9% 10 10 IMKAT 2 I Mo Pacific ... ... 2 Mo Pacific pfd.. 3% 3% 3% 3% N Y Central 11% 9% 1 10 Nickel Plate 3% 33% ... ; NY NH A H 8 7 8 6% Nor Pacific . . 6% 6% 6% 6% ; Norfolk A West. 69 67% 89 64 OAW 5 I Here Marq 3 j Pennsylvania ... 8% 7% 8% 8 I Heading 10 9% 10 10% I So Pacific 9% 8% 9% 8% Southern Ry ... 4 3% 3% 4 i St Paul l j St Paul pfd i% i% I Union Pacific ... 38% 35% 38% 34% I Wabash 1% 1 1% l W Maryland 1% 1% ; West Pacific ... ... % Equipments— I Am Car & Fdy 3% [Ain Locomotive. 4% 4% 4% 4% Am Steel Fa ... ... 3% Am Air Brake Sh 7 Gen Am Tank. 12% 10% 12% 11 General Elec ... 11 9% 10% 9% Lima Loco 10% 10 Press Stl Car % % Pullman 13 12% 13 12 Westingh Ar B 10 10 Westlngh Elec, 22% 19% 22% 19% Rubbers— Firestone 11 10% 11 10% Goodrich 3% 33 3 V* Goodyear 8 7% 8 7 ! Kelly Eprgfld % i Lee Rubber 2*4 ... i U S Rubber .... 2 1% 2 2 Motors — Auburn 67 47% 66% 44% : Chrysler 6% 6% 6% 6% General Motors. 9% 8% 9 8% Graham Paige.. 1% 1% 1% 1% ! Hunp 1% 1% I ivlack 12 11% 11% 11% j Marmon % ... Nash 9% 9% 9% 9% Packard 2 Its 1% 1% Peerless \ Rco 1% ... Studebaker ... ... 3% I White Mot ... ... 7 Yellow Truck 1 % 1% Motor Access— Bcndlx Aviation 5% 5 5% 5% Bore Warner.. 4 3% 4 3% Briggs 4% 4*4 4 % 4'/s Eudd Wheel 1 Eaton .. ... 4% ... El Auto Lite ... 11 >4 9% 10% 9% El Storage B . 17% 15% 17% 16% Haves Bodv % ... Houda 1% Motor Wheel .. 2’4 2 2’4 2% Murray 80dv... 3% 3% 3'/a 3 Stewart Warner ... 2% 2’4 Tlmkin Roll 10% 9% 10% 9% Am Smelt 7Vs 6% 7 6 Am Zinc 1% 1% Anaconda Cop.. 4 3% 4 4 Alaska Jun 8% 7% 8% 7% ; Cal A Hecla 2 1% ! Cerro de Pasco.. 4% 4 4% 4 j Dome Mines 9 8% 9 8% I Freeport Texas.. 11% ll'/s 11% 11 Granby Corp.... 2% 2'/a 2% ... Great Nor Ore.. 6% 6 6 6% Int Nickel 4% 3% 4 4 Inspiration ... 1% 1% Isl Crk Coal. .. 10% 10% 10% 10>4 Kennecott Cop.. 5% 5 5% 5% Magma Cop ... 4% 4% Miami Copper 1% ... Nev Cons 2% 2% 2% 2% Noranda 11% 11% Texas Gul Sul.. 14% 13% 14% 13% U S Smelt 11% 10% 11% 11 Oils— Amerada ... 14 Atl Refining 10% 9% 10% 10 Barnsdall 4 3% 4 3% Houston 2% 2 2% 1% Sbd Oil 7V 4 6% 7% 6% Mid Conti 4% 4% 4% 4% Ohio Oil 7% 6% 7% 6% Phillips 3% 3% 3 % 3 % Prairie Pipe ... 6% 6% 6% Roval Dutch.... 15% 14% 15% 14% Shell Un 2% 2% 2% 2% Simms Pt ... 4 4 Cons Oil 4% 4% 4** 4’,4 Skellv 33 Standard of Cal 18 16% 18 16% Standard of N J 25% 23% 25% 23% Soc Vac 6% 6% 6% 6% Texas Cos 10% 9% 10% 9% Union Oil 9'% 9 9% 9% Steels— Am Roll Mills... 4% 4 4% 4'% Bethlehem 9% 8 9% 8% Byers AM 9% 8 9% 7% true Steel 6% 6'/ 6'/g ... Ludlum ... ... 2V4 McKeesport Tin 32% 29% 32 30 Midland ... ... 2 Repub lAS 3% 2% U S Steel 26% 24% 26% 24% Vanadium 6% 5% 6% 5% Youngst SAW 4% 4% Youngst SAT 5 Tobaccos— Am Tob Anew.. 45% 43% 45% 42% Am Tob B new.. 51% 46% 50% 47 Lig & Myers B 40% 38 40% 37% Lorillard 11% 10% 11% 10% Reynolds Tob. 29% 28% 29% 28 United Cig % % Utilities— Abitibi 1 Adams Exp 2% 1% 2% 2 Am For Pwr ... 2% 2% 2% 2 Am Pwr A Li... 5% 4% 5% 4% A T A T 84% 81% 84% 81% Col Gas A E 1... 6% 5% 6% 6 Com & Sou 2% 2 2% 2 Cons Gas 37% 34 37% 34 El Pwr A Li. .. 4% 4% 4% 4 Gen Gas A % % % % Inti TAT 3% 33% 3% Lou Gas A El 12 12% Natl Pwr A Li.. 9V, 8% 9% 8 No Amer Cos 18% 16% 18% 16% Pac Gas A E 1... 21% 19% 21V 19% Pub Ser N J 34% 31 % 34 31% So Cal Edison... 20 18% 20 18% Std G A El 9% 8% 9% 8% United Corp .... 5'% 4% 5 4% Un Gas Imp ... 13% 12% 13% 12% Ut Pwr A L A . 32% 32% West Union 16% 14% 16'% 15% Shipping— Am Inti Corp .. 3)2 2% 3% 3 N Y Ship 1% ... Inti Mer M pfd 1% ... United Fruit ... 14% 131 s 14’% 13% Foods— Am Sug 14% 14% Armour A % % % % Beechnut Pkg .. 32% 30’% 32V* ... Coca Cola 94 88 94 88 % Cont Baking A . .. ... ... 2% Corn Prod 30% 28% 30% 28% Produce Markets Delivered In Indianapolis prices: Hens, heavy breeds. 10c: Leghorn hens. 8c: broilers, colored springers, 2 lbs. and up, 16c: 1% to 2 lbs.. 13c: bareback and partly feathered. 10c: leghorn and black. 1% lbs. and up. 13c: cocks and stags. 4c: leghorn cocks. 3c. Ducks, large white, full feathered and fat 7c; small. sc. Geese, full feathered and fat. sc. Young and i old guineas. 15c. Eggs. No. 1 current re- ! ceipts. B%c. Duck eggs. sc. Loss off for rots, blood rings and mashed. Butter--2147 22c: under grades. 18® 19c. Butterfat —lsc. These prices for healthy stock free from feed. Bv the Wadley Company. By United Press NEW YORK. June 10.—Potatoes—Market, active; Southern. $1.50473.50 barrel: Bermuda. $5.50®6 barrel; Maine. $1.20131.65 barrel; Canada $145 2.15 barrel. Sweet potatoes—Market, dull: Jersev baskets. 25c ® 51.50: Southern baskets. 75@85c. Flour —Market, auiet; spring patents. $3.9504.30 barrel. Pork—Market auiet: mess. $17.25. Lard—Market, firm: middle west spot. $3.95 454.05 per 100 lbs. Tallow—Market, auiet: special to extra. .01%®.02%. Dressed poultry—Market, steadv: turkevs, 110530 c: chickens. 140:27c: fowls. 845 19c: Long Island ducks. 12@15c. Live poultry— Market, dull: gepse. 74512 c: ducks. 8016 c: fowls. 14@17e: turkevs. 10®20c; roosters. 94i12c: broilers. 14@27c: chicken pullets. 234i28c. Cheese—Market, dull: state whole milk fanev to special. 100520 c: young America. 1105T1%c. By United Press CHICAGO. June 10.—Eggs—Market, steadv: receipts. 15.647 cases: extra firsts. 12 .@l3%c: firsts. 12% 4512%c: current receipts. 11%®11%c: seconds. 10%c. Butter—Market, steadv; receipts. 14,768 tubs; extras. 16%c: extra firsts 16®16c: firsts, 154515%c: seconds. 12@14c: standards. 18%c. Poultry—Market, weak: receipts, 32 trucks: fowls. 11 %® 12c: Leghorns. 10c: ducks. 8@ll%c: geese. 8c: turkevs. 100512 c: roosters. 8c: broilers. 1405 19c: Leghorn broilers. 120513 c: stags 11c. Cheese-—Twins. 9%05 10c: voting Americas. 10%@10%c. Potatoes—On track. 210: arivals, 74: shipments. 953: market dull, firm: Wisconsin Round Whites 85®90c: Idaho Russets. $1 051.15; Southern Bliss Triumphs. $1.25® 1.50. By United Press CLEVELAND, June 10.—Butter—Market, j steady: extras. 20%c: standards, 20\c. I Eggs—Market, steady: firsts. 12%c; current i receipts. 12c. Poultry—Market, steady: heavy fowls. 1215' 13c: medium fowls. 13® 14c: Leghorn fowls. 100112c', heavy broilers. 204; 22c; Leghorn broilers. 120515 c; ducks. 100il2c; old cocks, 80?10c; geese 7®Bc. Potatoes—Ohio. New York. Pennsylvania, 51.150i1.20 per 100-lb. sack: Maine Green Mountain. $1451.10; Mostly $1.05 per 100lb sack; Idaho russets, 31.5561.60: few higher per 100-lb. sack. ■ By United Press CINCINNATI. June 10 —Butter—Packing stcck No. 2. 9c: No. 3.7 c; butter fat, 11® 13c. Eggs—Steady: cases included: extra [ firsts. 13c; seconds. 10c; nearbv ungraded, i 12c. Live Poultry—Thin and coarse stock ; sells onlv at heavy discount; fowls 5 lbs j and ever. 11c: 4 lbs. and over, 11c: 3 lbs. ! and over He: Leghorns. 3 lbs. and over j S'.;-: roosters, fc: colored broilers. 1-lb. ! and over. 15c- 1% lbs. and over. 16c: 2 lbs. j end over. 20c; fryers. 3 lbs. and over. 23c; partly feathered 12614 c: Leghorn broilers 1-lb.'and over. 14c: 1% lbs. and over, 15c: 2 lbs. and over. 15c; black springers, 12c: ducks under 3 lbs. sell at liberal conccs-i sions: ducks white 4 lbs. and over 8c: under 4 lbs, 5 cents: colored 4 lbs. and over 8c: under 4 lbs, 5 cents; spring ducks white 4 lbs. and over. 12c: under 4 lbs, 9%c: colored * las. and over. 12c: under 4 lbs, 9%c turkevs No. 1 hens 8 lbs. and over. 13r; young Tonis No. 1, 10 lbs. and ovsr, 13c,

Cudahv Pkg .. 22 21% 22 21% Gen Foods '. 22% 21 22% 20% Grand Union 4 Hershey 52 50 5t 52% Jewel Tea 17% 17 Kroger 11% 10% 10% 10% Nat Biscuit 30 27 % 29% 27% Natl Dairy 17 15% 18% 15% Purity Bak .... % 6 6% 6 Pillsbury 12% 12% 12% 12* Safeway 8t 39% 36% 39% 3ft Std Brands .... 10% 9% 10% 9% Drugs— Coty Inc 1% 1% Dr;'-- Inc 28 26% 27% 25% LaiToert Cos ... 32% 31 32% 31 Lehn A Fink 9% 9% Industrials— Am Radiator ... 33% 3% 3% Gen Asphalt 6% 4% Otis Elev 11% 16 11% 10 Ulen •% Indus Chems— Air Red ..... 39% 36 39% 35% Allied Cheat ... 52% 47% 51% 48% Com Solv 5 4% 5 4: 2 Du Pont 27% 25% 27% 25% Union Carb 17% 16% 17% 17 U S Ind A1c0.... 15% 13% 15% 14 Retail Stores— Assoc Drv Gds 3% ... Kresge S S 8% 8% 8% 8% Mav D Store 10% Mont Ward 5% 4% 5% 404 Pennv J C 16% 15% 16% 15% Scars Roe 15% 13% 5Vi 14 Woolworth 26% 23% 26% 24% Amusements— Eastman Kod... 42 37% 41% 38 Fox Film A 1% 11 i Loews Inc 37% 15% 17% 151; Param Fam ... 2% 1% 2% 1% Radio Corp 4 3% 4 3% R-K-O 2 Warner Bros .. % % % % Miscellaneous— City Ice A Fu 16 15 Congoleum 7’4 8 7% 6% Proc A Gam... 27% 25% 27% 25% Allis Chal 5% 5% Am Can 38% 35% 37% 35% J I Case 26Vi 18% 26% 18 Cont Can 22 20% 22% 20% Curtiss Wr 1 Vs 1 % Gillette S R 14 12% 14 12% Gold Dust 7 10% 9% 10% 9% Int Harv 17 13% 16 13% Int Bus M 71 % 66 71% 65% Real Silk 33 Un Arcft 9% 7% 9 7% Transamerica .. 32% 3 2 s ,*

Chicago Stocks

Bv James T. Hamill A 30.) —June 10— High. Low. Close. Bendix Aviation 5% 5% 5% Borg-Warner 4Va 3% 4 Cities Service 2% 2% 2% Commonwealth Edison.. 56% 52% 53% Cont Chicago % % % Cont Chicago pfd .. 9% 9Vs 9% Cord Corp 3% 3% 3% Grigsbv-Grunow % % % Houdaille-Hershev A.. 4% 4% 4Vs Houdaille-Hershev 8.. 1 1 1 Insull Util Invest % % % Mid West Utilities.... % % % Public Service N P.. 34 31 34 Swift A Cos 10 9% 10 Swift Internacional ... 16% 15% 16% U S Radio A Tel... 6% 6 6% Walgreen 9% 9 9% Indianapolis Livestock Review For Week Ending Thursday, June 9. By U. S. Department of Agriculture. —Cattle— There was an unmistakable hardening of cattle values this week terminating in a 25 to 50 cent upturn on steers and heifers, with the emphasis on the 50-cent. In fact practically all kinds excepting plain grassers advanced as much as 50 cents and some extreme sales were a little setter than that. The seasonal discrimination between dry fed and grassy cattle was applied with a little more determination than heretofore. Grassers of all kinds and even those showing evidence of grass were no more than steady, but strictly dry fed steers, heifers and an upper crust of cows went to higher levels. The weeks steer supply included a relatively large number of yearlings and lightweight. with about the average number of medium and heavy weights. The weeks ton of $7.50 was scored by a load scaling 1.291 pounds. The nearest approach was $7.25 paid for 1.166 pound medium weights. Lightweights and yearlings sold from $6.75 to $7.15 on the ton end with the bulk from $5.50 to $6.25. For the week, all steer sales bulked from $5.50 to $6.75. Common and medium killers were assembled in considerable numbers within a range of $4.25 to $5.75. most of these coming in small lots, and usually worth the money from the buyer’s standpoint. Heifers took the expected iupip this week and better grades recieved the full 50 cent advance. Desirable 625 to 675pound offerings cashed largely at $6.00 and several went to $6.25, with numerous loads from $5.25 to $6.00. In fact $6 was a popular price all week for good and near choice heifers if not too heavy. Common and medium kinds sold from $3 to $5. mostly $3.50 to $4.50. Grassers and plain dairy types of course received the lower figures. Dry fed cows gained a big quarter but others were not included. A sprinkling of good to choice cow's realized $3.75 to $4.25, extreme top $4.50. bulk $3 to $3.50. Strong cutters cashed largely $2.50. sometimes $2.75; low cutters from $1.50 to $2.50, mostly $1.75 to $2.25. There was no radical change in the vealers market. The $3 top seemed a little too strong, so for the first time in many years a 25-cent decline was effected. Usually the vealer market has been figured in terms of 50 cents or more so the recent approval of the lowly quarter is an innovation. At any rate strictly choice kinds cleared at $5.75, others around $5.50, with common and medium from $3 to $4.50. Hogti The local hog market developed Just enough price variation this week to encourage the selling side. Some price recovery last week prompted the thought that hog values were on their way to higher levels. But packers and others who are laboring under burdensome cellar supplies could not agree to further upturns. There was nothing remarkable in the volume received here and elsewhere this week, and compared with last Thursday the net loss Is around 10c. The high spot was reached on Monday and Tuesday when good 160 to 210 cashed at $3.55 with an extreme top of $3.60. Bulk sales on 160 to 350 pounds were registered from $3.10 to $3.45. Light lights and pigs cashed froin $3.20 to $3.50 with weights from 140 to 160 pounds usually at or within 5 cents of light hog prices. Packing sows cleared within an extreme range of $2.25 to SS. mostly $2.50 to $2.75. only a few light and near straight sows selling from $2.85 to $3. Today's schedule follows: 140 to 210 pounds, $3.40: few small lots $3.45: 210 to 225 pounds. $3.35: 225 to 235 pounds $3.30: 235 to 250 pounds, $3.25; 250 to 275 pounds. $3.20: 275 to 300 pounds. $3.15; 300 to 325 pounds. $3.10; 325 to 350 pounds, $3.05: 350 to 400 pounds. $3: 120 to 140 pounds. $3.30; 100 to 120 pounds, $3.20; packing sows, $2.25 to $2.85. —rSheeu— New crop lambs of course made up most or the sheep house offering and prices were maintained on a relatively high level throughout the period. A loss of 50 cents or more Thursday took some of the bloom awav but neverthless the week's volume went over at reasonably high prices. The extreme ton for ewe and wethers, closely sorted reached SB.OO. several at $7.75. with $7.50 a very popular price for the most desirable kinds. Others less attractive cashed at $7.00 and $7.25. and some mixed lots cleared from $6.00 to $7.25 depending on Quality and consist. Bucks took the usual SI.OO discount all week, selling mostly from $6.50 down with onlv the most desirable above that nure. Throwouts ranged downward to $4.50 and at the close sold to $4.00 and less. Closing sales Thursday placed ewe and wethers at $7.00. extreme ton. $7.25; tucks. SI.OO less. Ewes cashed largely from SI.OO to $1.50. occasionally up to $2.00. Other Livestock By Times Special LOUISVILLE. June 10. —Cattle—Receipts, 100; fully steady; bulk common and medium grass steers and heifers. $4.2505; better finished dry feds mostly 55.25®5?75; beef cows and bulls mostly $3 down: low cutters and cutter cows. [email protected]; bulk light Stockers. s4®s. Calves—Receipts, 250; steady; good and choice. s4@s; medium and throwouts. $3,50 down. Hogs Receipts. 700; 15c higher; 170-220 lbs, $3.55; 225-255 lbs, $3.25; 260-295 lbs.. $2 90' 300 lbs. up, $2.40; 140-165 lbs, $2.95; 135 lbs. down, $2.55; sows. $1.40®2.15. and stags. $1.15. Sheep—Receipts. 2.500; early supply light, quality plain, undertone strong, generally asking 25c higher for better grade lambs or from $6.5007 for bulk and holding choice kinds at $7.25 or better. Thursday’s shipments'. Cattle. 31; calves, 95; hogs. 134, and sheep. 1.844. By United Press PITTSBURGH. June 10.—Hogs—Receipts, 1.500; market active. 10® 15c higher: l'en--210 lbs, $3.8504; 220-240 lbs, *3.6003.80; heavier weights, $3.50 downward; lxu-1-.u lbs, $3.2503.50; packing sows steadv at $2 @2.50. Cattle—Receipts. 40; market, litt’e changed; good steers quoted at $5.85 0 6.60: medium and good heifers. $4.250 5.65: beef cows. $2.85@4; cutter to medium bulls, $2 2503.25. Calves—Receipts. 125: market slow steadv to weak: choice vealers, $5.50 @6. Sheep—Receipts. 500; market about steady: good and choice lambs. $6 25® 7.25; common and medium giade. s4@6; good and choice yearlings. *4@s: shorn wethers, $3 downward. By United Press EAST BUFFALO. June 10.—Hogs—On sale. 2.600: active, steady to strong; spots s®2oc higher on medium butchers: good to choice. 160-220 lbs, $3.90: 225-260 lbs, $3.7503.85: pigs and underweights. 53.500 3.75. Cattle—Receipts, 200: generally steady; good yearling steers and heifers, $6.15: fleshy grassers. $5.50: plain lightweights. $4.35: cutter cows. $lO2. Calves —Receipts. 775: vealers draggv: weak to largely 50c lower; bulk better lots. $3.50: few handvweight, $7; common and medium. [email protected]. Sheep—Receipts 1.800: lambs auelitv plain, weak to mostlv 25c lower: good to choice. *7.2507.75; closely sorted Kentucky lambs. $8; mixed offerings. $707.10; throwout.s. $6 0 6.50; vearlings 25e lower; good wethers, $5.25; yearling ewes to country, $5,75,

THE INDIANAPOLIS TIMES

PORKERS HOLD GOOD GAINS IN BRISKTRADING Cattle and Calves Continue Steady Trend; Sheep Unchanged. Hogs made an about-face this morning at the city yards, prices moving up 20 cents on most classes, j The bulk, 100 to 350 pounds, solo for $3.25 to $3.60; early top holding at $3.60. Receipts were estimated at 5,500; holdovers were 124. Cattle were steady. A few steers and heifers were strong in a range of $4.75 to $6.35. Receipts were 400. Vealers held unchanged at $5.75 down. Calf receipts numbered 400. In the sheep market ewe and wether lambs sold mostly at $7, unchanged. A few bucks were out at prices ranging $1 lower, or $6 down. Receipts were 800. Trading in hogs at Chicago this morning displayed a stronger tone. Prices were 5 cents to 10 cents higher than Thursday’s average. The bulk of good to choice porkers was bid in at $3.55 to $3.60; 220 to 250 pounders were bid at $3.40 to ! $3.50. while heavier kids scaling 260 j to 300 pounds, sold at $3.30 to $3.35. Receipts numbered 14,000, including 5.000 direct; holdovers. 4.000. Cat- | tie receipts 1.500; calves, 2,500; market steady. Sheep receipts, 10,000; market unchanged. HOGS June. Bulk. Earlv Top. Receipts. 3. $3,150! 3.50 $3.50 8,000 4. 3.05® 3.40 3.45 3.500 6. 3.20® 3.55 3.55 500 7. 3.200! 3.55 3.60 8.000 8. 3.10® 3.45 3.50 7.500 9. 3.10® 3.45 3.J0 6.500 10. 3.25® 3.60 3.60 5,500 Receipts. 5,500; market, higher. (140-160) Good and choice...s 3.60 —Light Lights—-(l6o-180) God and choice..... 3.60 —Light Weights—-(lßo-2001 Good and choice.... 3.60 (200-220) Good and choice... 3.55® 360 —Medium Weights—-(22o-250) Good and choice ... 3.45® 3.55 i (250-290) Medium and g00d... 3.35® 3.40 —Heavy Weights—-(29o-350) Good and choice .... 3.25® 3.35 —Packing Sows—-(3so-500) Medium and g00d... 2.25® 3.00 (100-130) Slaughter pigs 3.40®3.50 CATTLE Receipts, 400; Market, steady. Good and choice $ 5.75® 7.50 Common and medium 3.75® 5.75 (1,000-1.800) Good and choice 6.00® 7.75 Common and medium 4.75® 6.00 —Heifers— Good and choice 5.25® 6.50 Common and medium 3.50® 5.25 —Cows— Good and choice 3.50® 4.50 Medium 2.750! 3.50 Cull and common 1.50® 2.75 —Bulls (yearlings excluded) Good and choice beefs 3.00® 3.75 Cutter common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 400; market, steady. —Vealers— Good and choice $ 5.25® 5.75 Medium 4.00® 5.25 Cull and common 2.50® 4.00 —Calves— Good and choice 3.50® 5.00 Common and medium 2.50® 3.50 —Stocker and Feeder Steers— Good and choice 4.50® 6.00 Comomn and medium 3.25® 4.50 (600-1.500) Good and choice 4.50® 6.00 Common and medium 3.25® 4.50 SHEEP AND LAMBS Receipts, 800: market, steady. Good and choice ....$ 6.00® 7.50 Common and medium 4.00® 6.00 Ewes, medium and choice.... 1.000! 2.00 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO. June 10.—Hogs—Receipts 14,000, including 6,000 direct; active, s®loc higher; 180-220 lbs.. [email protected]; top, $3.60; 230-260 lbs.. [email protected]: 270-320 lbs., $3.25 ®3.40; 140-170 lbs., [email protected]; pigs, $2.85 ®3.15; packing sows, $2.65@3; light lights, 140-160 lbs., good and choice. [email protected]; light weight, 160-200 lbs., good and choice [email protected]; medium weights, 200-250 lbs., food and choice, [email protected]; heavy weights 50-350 lbs., good and choice [email protected]; packing sows. 275-550 lbs., medium and good, $2.65®3.05; slaughter pigs, 100-130 lbs., good and choice, $2.8503.15. Cattle —Receipts, 1,500; calves, 500; quality, plain; general market slow; steady to weak on all classes; no choice steers offered; slaughter cattle and vealers, steers, 600900 lbs., good and choice, [email protected]; 9001100 lbs., good and choice, [email protected]; 1100-1300 lbs., good and choice. [email protected]; 1300-1500 lbs., good and choice, $6.50® 7.75; 600-1300 lbs., common and medium, [email protected]; heifers, 550-850 lbs., good and choice. [email protected]; common and medium,, $405.75; cows, good and choice, $3.25@5; common and medium, [email protected]; low cutter and cutter, $1.5002.75; bulls (yearlings excluded), good and choice (beef), s3® 4.25; cutter to medium, $2.25@3; vealers (milk fed) good and choice, s6@7; medium 55.50@6; cull and common. $3.5005.50; Stocker and feeder cattle, steers 500-1050 lbs., good and choice, [email protected]; common and medium, s4@s. Sheep—Receipts, 10,000; market, generally steady; good and choice native lambs. [email protected] to packers; small lots, $6.7506.90 to small killers; strictly choice kinds absent; fed yearlings, $4.50; slaughter sheep and lambs, lambs, 90 lbs. down, good and choice, $6 @7; medium, $5.25®6; all weights common. [email protected]' ewes, 90-150 lbs., medium to choice, [email protected]; all weights, cull and common, [email protected]. By United Press EAST ST. LOUIS. June 10.—Hogs—Receipts. 8,500; market. s@lsc higher; top $3.45; to lots at $3.50: most 150-230 lbs.. $3.30 0 3.45 ; 240-280 lbs.. $3.1003.25; 100150 lbs. [email protected]: sows. [email protected]. Cattle—Receipts. 800: calves. 500; market, generally steady under very light run; a few steers. [email protected]: in small lots, with mixed yearlings and heifers. $506.50: cows, $2.50 0:3.50: low cutters. [email protected]: top sausage bulls. $2.60: good and choice vealers. $5.50. Sheep—Receipts. 3.000: market, few sales steady; most lambs around $6.50; some $6.75: few to city butchers. $7: buck lambs, $1 less: throwouts. $3.50; fat ewes, $1.50 down. By United Press CLEVELAND. June 10.—Hogs—Reecipts, 800; holdover none: mostly 100 20c higher; 150-230 lbs.. $3.90; 240-300 lbs., $3.50® 3.60; pigs. $3.50 for week. 20@30c higher; week's top $3.90. Cattle—Receipts, 150: market, dull, few sales steady; light steers ?rade common to low medium. [email protected]; at cows, [email protected]; grain fed individual $4; for week, steady to 25c higher; most Improvement on steers. Calves—Receipts, 300: market, weak to 50c lower; bulk vealers, $3.50 down; top, $7; others downward to $5.50; for week, strong to mostly 50c higher; top, $7.50. Sheep—Receipts. 300: market steady to easier; medium to good lambs, mixers. *7; toppy kind scarce, cull to good yearlings. $2.500 4.50; mixed sheep, steady, $2.50 down; cull ewes. $1; for week, lambs. 25®50c higher; sheep, steady; lambs, top SB. By United Press TOLEDO. June 10.—Hogs—Receipts. 250; market, 10® 15c higher; heavy yorkers. $3.50 0 3.60: mixed. [email protected]; bulk, $3.40 @3.60; pigs. [email protected]; lights, [email protected]; roughs, S2O 2.25. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, 50c higher. Sheep and lambs— Receipts, light; market, strong. By United Press FT. WAYNE. Ind.. June 10.—Hog market, steadv to 10c higher: pigs, $3.25: light lights. $3.2503.35: lights. [email protected]: mediums. 53.2503.35: heavies. $303 15; roughs. $2.50; stags. $1.50; calves. SSO 7.75; ewe and wethers. *6® 6.25; bucks. ss® 5.25. By United Press LAFAYETTE. Ind.. June 10.—Hogs— Market. 15@20c higher: 160-200 lbs. $3 40; 200-220 lbs.. $3.30: 220-240 lbs.. *3.25: 240260 lbs.. 53.20; 260-280 lbs.. $3.10; 290-300 lbs.. *3.10: 300-325 lbs.. *3 05; 140-150 lbs . $3.2: 120-140 lbs.. 53.10: 100-120 lbs.. $3: light roughs. *2.65: heavy roughs. *2.15; top calves. *5; too By United Press CINCINNATI. June 10.—Hogs— Receipts. 4.100. including 346 direct; held over 1,90; active, mostly 15c higher: better grade 160-250 lbs . 13.50® 3.*5; mostly *3.75 on 220 lbs. down: 240-300 lbs.. S3 [email protected]: 130150 lbs.. $3 3503 40 mostly; sows'steadv to 15c higher at $2.25 0 2.50; mostlv smooth lightweights. $2.65. Cattle— Receipt- ‘0 calves. 650; supply very light, better grade fed vearlings in good aemana: j I nominally strong to 25c higher: others and i other classes about steady; odd lots, com- i mon and medium steers and heifers. 54.25 ! 0 5.50; few better finished yearlings. *5.75 @ 6.25; most beef cows, *@3.75; few. *4; bulk low cutters and cutter cows. $1.50@ 2.50: bulls. $2.500 3; few. *3.25: vealers steady; good heavyweights. 54.5055; few better grade handy weights. $5.500 6; lower grades. $5 down. Sheep—Receipts. 3.000; lambs active: fully 25c. spots 50c higher; better grades. [email protected] mostly; three decks or more of choice, $7.75: common and medium. *5.25 0 6.75: few mixed lots around $7; sheep steady, fat ewes, *101.50, hes iigluweiilito, %b ...

8-A Graduates of School 58

■ lets t

Top Row (left to right)—Jane Kohnle, Geneva Senefeld, Rosemary Horne, Jessie Coffman, Evelyn Stine, Dorothea Thompson. Second Row —Mary Beth Oldham, Mary Jean Pope, Joanne De Milt, Jean Shake, Wilma Jones, Hilda Tilford. Third Row—Fred Melcher, Robert Wolfe, William Jackson, Richard McCoy, Earl Da Vee, Edward Hathaway. Fourth Row—Frank Vann, Joe

THEYTELL ME'JU

THE entire Republican state convention was a strange affair, from beginning to end. In some respects, it was one of the weirdest political shows ever pulled off in this state, where peculiar politics is an everyday occurrence and the art of “double-cross” perfected to the “nth” degree. For instance, there is Frederick E. Schortemeier of Indianapolis, believed to be one of the most popular Republicans in the state. Formef secretary to a Governor, secretary of the party organization, secretary of state and front runner in the 1928 Governor primary, he listened to his friends and permitted his name to be entered in the race for Lieutenant-Governor this year with the avowed purpose giving his aid to the ticket. Until the beginning of the convention, it was thought that he would be without real opposition for the nomination. Yet the Republican convention, packed with his own friends, men for whom he had done favors and men whom he had put on the payroll while secretary of state, dumped him overboard for Joseph B. Kyle, of Lake county, a nonentity as far as state politics is concerned. Why? Well, they tell me the explanation is this. Original plans had called for nomination of Schortemeier for Lieuten-ant-Governor and Luther O. Draper of Spiceland for secretary of state. When the drys of the party were slapped in the face with the wet plank, which went even farther than any one had dreamed, the partyleaders awoke to a realization that the prohibitionists needed to be salved. The only way to do thus was by nominating Bert Morgan of Indianapolis, for secretary of state. Bert is a sincere and avowed dry and was at one time state prohibition administrator. 0 0x Yet two Indianapolis men could not be nominated for major posts the p:y managers reascrcd. so forgetting their promises, the very

O'Brien, Robert Daily, Thomas Osborne, Robert Sweany, Robert Reich. Fifth Row—Mary Buis, Zelma Pugh, Jean Davis, Billie Hatfield, Dorothy Brullow, Ruth Brullow. Sixth Row—Blanche Davey. Helen Parker, Ruth Ferren, Margarette Shive, Ruth Johnson, Mildred McDaniel. Seventh Row—Harold McDermid. Dale Jay, Billy Myers, Thomas Jackson, Keith Randolph,

men who had given the pledges passed the word that it was to be Kyle and Morgan. Some of those who did the dumping, they tell me, took money from one of the candidates for expenses and for “incidentals” Marion county Republican delegates, for whom Schortemeier has done so much in the way of patronage, split their vote, 84 for him and 65 for Kyle, when in all conscience, and out of mere gratitude, the local man should have been accorded at least 100 votes, as a compliment, if nothing else. Following the custom of years, the “dumped” contenders came to the microphone with sick smiles on their faces and said they would support the ticket. The Greeks had a word for it. Investment Trust Shares (.By James T. Hamill & Cos.) PRICES ARE TO 12 NOON —June 10— Am Founders Corp com 12% .37% Amer and Gen Sec (A) 75 Am Inv Tr Tshares 140 1.60 Basic Industry Shares ... 1.12% 1.75 Collateral Trustee Sh (A) 2.50 300 Cumulative Trust Shades.. 2.00 225 Diversified Trustee Sh A... 4.50 Fixed Trust Oil Shares!.. I.2t> Fixed Trust Shares (A).. 4.62% Fundamental Trust Shar A 2.00 2.37% Fundamental Trust Shar B 2.25 2.62% Leaders of Industry (At 2.00 Low Priced Shares 1.37% Mass Inv Trust Shares 10.37% 10 87% Nation Wide Setcurities... 1.34 • 200 North American Tr Shares 1.40 1.45 Selected Cumulative Shares 1 32 1.37 Selected Income Shares.. 4.00 4.50 Shawmut Bank Inv Trust.. ?5 1.00 Ttd Amer Trust Shares... 2.00 Super Corp of Am Tr Shar 1.87% 2 12% Trustee Std Oil (A) ... 2.87% 3.00 Trustee Std Oil <B> 2.62% 300 U S Elec Light <fc Pow (A) 9.75 11.75 Universal Trust Shares ... 1.37% 1.87% New York Liberty Bonds —June 10— Liberty 3%s '47 100.19 Liberty Ist 4%s '47 101 17 Liberty 4th 4%s '3B 102.11 Treasury 4%s '52 103.28 Treasury 4s '54 101.00 T-easurv 3s '55 90.16 Treasury 3%s 56 93.80 Treasury 3%' '43 iMarch) 98 40 Treasury 3%- '43 iJm-i 98.10 Plumbing Permits J A. Wilson. 926 West Thirty-third j street, three fixtures. R. V. Mikesell, 56 Campbell, three fix- j tur*. C W. Bunes, 133 East Washingtoi;, one I future;

Charles Lyman. Eighth Row—Wilma Fischer, Hazel Breidenbach, Maxine Elliott, Gene Brady, Emmett York, Dale Wainscott. Ninth Row —Robert Theard, Robert Baldwin, Paul Applegate, Hartwell Kayler, George Baker, Lawrence Corlette. Bottom Row —Donald Staley, Robert Beinke, Louis Townsend, John Hetherington, Wilfred Bullard, Van Buren Cones.

Dow-Jones Summary

Pittsburgh & West Virginia in April showed net loss amounting to $38,795 after charges, against net income of $67,728 in April 1931; four months $204,887, against net incom? of $230,355. Chicago, Indianapolis Sc Louisville Railway In April reported net loss totaling $186,539 after charges, against $97,830 in April 1931; four months net loss amounted to $646,895, against $379,597. Consolidated Retail Stores in May reported sales amounting to $1,322,240 against $1,748,519 in May 1931; five months totaled $5,461,063, against *8,497,331. Graymur Corporation declared the regular quarterly dividend of 25 cents. Harris Trust Sc Savings hank of Chicago declared the regular quarterly dividend of $3. payable July 1, of record . June 16, placing stock on sl2 annual basis, against sl6 previously. Metropolitan Paving Brick Company declared the regular quarterly dividend of $1.75 on preferred stock, payable July 1. of record June 15. Connecticut General Life Insurance Company declared the regular quarterly dividend of 30 cents, payable July 1, of record June 20. Page Hershey Tubes. Ltd., declared the regular quarterly dividend of *1.25 on common stock, pavable July 1. of record June 21. Brokers’ loans during week ended June 8 declined *36.009,000 to 8373.000.000 anew low; non-brokers’ loans off $44,000,000; federal reserve system ratio on June 8 was 59 4-10, against t 4-10 per cent on June 1 and 84 4-10 per cent on June 8, 1931. Southern Pacific during first seven days of May handled 17,572 cars of revenue freight, against 25,695 in like period: previous year showed a decrease of 31.6 per cent. In the Cotton Markets CHICAGO —June 10— High. Low Close. January 5.61 5.48 5 61 March 5.77 5.62 5.77 July 5.15 5.00 5.15 October . ..: 5.39 5.24 5.38 December 5.54 5.41 5.54 NEW YORK High. Low Close. January 5.59 5.39 5.50 March 5 63 5.57 5.67 Mav 5 81 5 72 5.81 July 5.04 4.91 5.03 October 5.30 5.17 5.29 December 5.44 5 33 5.43 NEW ORLEANS January 5 49 5.41 5 49 March 5 65 5.53 5 65 Mav 5 80 5 68 5 80 Julv 508 .4 92 506 Octobor 5 29 5.14 5 27 ............ .Si 4.31 5,42

JUNE 11, 19324

WHEAT SOARS . ON RECEIPT OF BULUSK NEWS .Crop Forecast for Year Is Little Over Half That j of 1931. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. June 10.—The bullish government crop report was sufficient to offset all other influence* on the Board of Trade today, and while the market fluctuated erratically at times ,it closed with a good part of the early gains held. Strength in stocks gave the market support toward the lasi, running prices up to around the best figures of the day. but they were not held. The Canadian repor* tempered enthusiasm and developments at Washington, where, two agricultural bills involving debentures or equalizing fees, were passed by the senate also were effective in checking rises. Corn was rat hep slow, but firm with wheat. Oat* and rye followed the major grain* closely. Liverpool Closes Off At the close wheat was 1% cent* higher, corn was N to % cent higher, oats S to \ cent higher and rye was % cent higher. Provision* were higher with hogs and grains. Liverpool weakened under the bearish Canadian report and pressure from exporting countries, reaching from its early high of l't. cents up to close unchanged to V cent lower. There was no export business reported. The trade wa* completely bewildered by the government report and its 411.000.00d bushel estimate, a little more than half the 1931 harvest. Cash price* were unchanged. Receipts were A cars. Corn Trade Quiet Corn was fractionally higher at the start, with wheat, reacted to around the previous dose later, showing unchanged to 'r cent lowe* at mid-session. Trading was quiet* Cash prices were cent higher. Receipts were 26 cars. Oats was up k thin fraction and held cent to a s cent higher at mid-morning. The strength ir wheat and the fact that the extremely low prices operates against selling supported the market in a quiet session. Cash prices were unchanged. Receipts were 24 cars. Rye held firm with wheat, V* cent to % cent higher early, but trading quieted after the early bulge. Traders watched wheat for som* indication of the -trend. Chicago Grain Range —June 10— WHEAT— Prev. Open. Hif?h. Low. Close, close. JIUV (Old) .50%. 51% .50 .51% .49% Jluv (new) .50% .51 .49% .51 .49% Sept (Old) .53 .53% .52% .53% .52 Sept (new) .53 .52% .53% .53% .51% Dec 56% .56% .55% .56% 54% CORN— Julv 29% .29% .28% .29% .28% Sept 31% .31% .30% .31% .30% Dec 32% .32% .31% .32% .31% OATS— July 19% .20% .19% .20% .19% Sept 19% .20% .19% .20% .19% Dec 21% .22% .21% .22% 21% RYE— July 31% .31% .31% .31% .30% Sept 34% .34% .34 .34% .33% Dec 37% .37% .37% .37% .37% LARD— Julv 3.85 3.92 3 85 3.92 3.77 Sept 3.92 4.02 3.92 4.02 3.87 Oct 3.95 4.05 3.95 4.05 3.92 Jan 3.90 3.95 3.90 3.95 3.85 BELLIES —• Sept 4.07 4.00 ! Dec 4.30 4.30 ! By Times Special ' CHICAGO. June 10.—Carlots: Wheat. 1| corn, 31; oats, 24; rye, 1, and barley, 2 By United Press CHICAGO. June 10.—Cash Rrain closes Wheat—No. 3 red. 51 %c: sample vrade, , 45%c: No. 3 mixed. 50%c. Com—No. 1 mixed. 29%c; No. 2 mixed. 28U®30’c: No. 1 yellow. 30@30%c: No. 2 vellow. 3Oof 30%c; No. 1 white. 30%c: No. 2 white, 30%c. Oats —No. 2 white. 20\021%cJ No 3 white. 19%020%c. Rve—No salea, Bariev—34®4sc. Timothy—*2.7so3. Clover —*9.25® 14. • By Times Special CHICAGO. June 10.—Primary receipt.*} Wheat. 371.000 against 611.000; com. 154,. 000 against. 413.000; oats. 141.000 against 201.000. Shipments—Wheat. 292 000 against) 1.169.000: corn. 411.0 against 404.000; oats, 595.000 against 213.000. United Press TOLEDO, June 10. —Cash a-e-.n closet grain in elevators, transit billing. Wheat-1 No. 2 red. 51@52c. Corn—No. 2 vellow, 32%@33%c. Oats—No. 2 whit*. 230 24c. Rve —No. 2—38%0.39%c: track prices, 28%c rate. Wheat—No. 2 red. 45%046cf No. 1 red, 1-cent premium; No. 3 red ’f i to 3 cents discount; No. 4 red 2% to * cents discount. Corn—No. 2 yellow. 281 ®29c: No. 3 vellow. 27%028c Oats—No. 2 white. 20@21c: No. 3 wrlite, 19@20%0, j Clover—Prime, $9. Alsyke—Cash, *8 7% 5 Butter—Fancy creamery. 22c. Eggs—Ex- j tra.s, 11' 2 @ 12c. Hay—Timothy per ewt., I ! 80 c,ents. Cash Grain. —June 10—• The bids for car lots of grain at the call of the Indianapolis Board of Trade, ? o. h.. shipping point, basis 41%c New Yorlc rate were: . Wheat—Firms :No. 1 red. 41®42e; No. 2 red. 40 0 41c*. No. 2 hard, 40 0 41c. Corn—Firm: No. 2 white. 22%@23%cj[ No 3 white. 21%®22%c; No. 2 vellow. 21%®22%c: No. 3 yellow. 20%®21%C; No, 2 mixed, 20%®21%c; No. 3 mixed, 19%@) 20c. Oats—Firm: No. 2 white, 16017 c; No. 3 white, 150 16c. Hays— Bteady: (f. o. b. country point.e m taking 23%c or less rates to Cincinnati or Louisville.) No J timothy. *7 0 7.50; No 2 timothy. *6 0 6.50. —lnspections— Wheat—No. 2 red. 4 cars; No. 3 red, 1 car. Total. 5 cars. Corn—No. 2 white. 3 cars; No. 2 yellow, 7 cars, No. 3 yellow, 1 car; No. 3 mixed. 1 car. Total. 12 cars. Oats—No. 3 white. 2 cars. Total. 2 cars. Local Wagon Wheat Citv grain elevators are paving 37c for No. 2 wheat and 37c for No. 2 hard wheat. Net Changes By United Press NEW YORK. June 10.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; Up. Allied Chemical 51 % 3% 1 American Can 37% 2% American Telephone 84% 3% Atchison 28% 3 Auburn 66% 2’% Bethlehem Steel 9% 1 Case 26% 8% Chrysler 6’, % Consolidated Gas 37% 3% Du Pont 27% 2% Electric Power 4% % General Electric 10% % General Motors 9 % International Nickel 4 Loews Inc n l , 2 Lorillard ... n % i % Montgomery Ward 5% % New York Central 10% % North American 18% 2 _ Pennsylvania %* Public Service 34 2% Radio 4 % Sears Roebuck 15 ' t% Standard Gas 9% I'* Stan Oil N J 25% 1% v Texas Corp io% % 1 Union Carbide 17% % Union Pacific 38% 3% U S Steel 2CV> 2% Westinghouse El 22% }% Woolworth 26% 1%