Indianapolis Times, Volume 44, Number 29, Indianapolis, Marion County, 14 June 1932 — Page 12

PAGE 12

STOCK SHARES HOLD GAINS IN AGTjVEDEALS Short Covering Believed to Be Responsible for Upswing.

Average Stock Prices

Average of thirty Industrials for Monday 48.11. off .15. Average of twenty rails 18.43. Average of twenty utilities 18.23. ud .11. BY ELMER C. WALZER United Press Financial Editor NEW YORK. June 14.—Prices moved up fractions to more than 2 points in the first two hours of trading on the New York Stock Exchange today without pickup in the sales volume. Leading industrials, particularly those in which a relatively large short interest is supposed to exist, were the best gainers. Eastman Kodak rose 2% to 4414, while American Tobacco B was bid up 1% to 51%, and Worthington Pump nearly 2 points to 11%. Steel common touched 27, up a point; Westinghouse Electric 22%, up %; Woolworth 26, up •%; Du Pont 28, up 1; Allied Chemical 52%, up lVi, and American Can 39, up 1. American Telephone touched 86%, up V/2 and other utility issues registered gains ranging to more than a point. Railroad shares moved up fractions to a point despite a drop of 73,575 cars in the weekly car loadings report.

Bank Clearings

INDIANAPOLIS STATEMENT ■ —Juno 14— Clearing* i3.457.000.00 Debits 5,268.000.00

Foreign Exchange

(By James T. Hamill & Cos.) —June I* Open. Sterling. England Franc. Franco 0393 , 8 Lira. Italy 0513 Franc. Belgium 1385 Mark. Germany 3367 Guilder. Holland 4049 Peseta. Spain 0825 Krone. Norway 1820 Krone, Denmark 2005 Yen. Japan 2131

New York Curb Market

(By Thomson k McKinnon) —June 14— 11:00.1 11:00. Alum Cos of Am 23*4 Ford of Can.... 6^4 Am Gas k El.. 17’ Ford of Eng.... 2'* Am Sup Pwr .. I?* Goldman Sachs Asso Gas k El. 1% Int Pet ........ BVa Braz Pwr k Lt. 8% Nat Bond <fc Sh 18Va sities Service.. 2 5 /a Penroad Con Gas of Bal 47 Std of Ind 17 Vi Cord 3An Un Gas A ..... 7* Deer kCo BVi Un Lt k Pwr... 2' 4 El Bond &: Sh,. 7% Un Fndrs 7

Investment Trust Shares

(Bv James T. Hnmill k Cos.) TRICKS ARE TO 12 NOON —June 14Bid. Ask. Am Founders Corp com ... .12Vi .37Vi Amer and Gen Sec A 75 . Am Inv Tr Shares 1.40 160 Basic Inudustry Shares ... 1.50 1.87‘3 Collateral Trustee Sh A.. 2.00 3.00 Corporate Trust new 1.35 1.42 Cumulative Trust Shares.. 2.00 2.37'a Diversified Trustee Sh A.. 4.50 Fixed Trust Oil Shares ... 1.25 Fixed Trust Shares A 4.50 Fundamental Trust Sh A.. 2.00 2-3 1 1 2 Fundamental Trust Sh 8.. 2.25 2.621a Leaders of Xndusrty A ... 2.00 I.ow Priced Shares 1.37>/a Mass Inv Trust Shares ... 9.75 10.75 Nation Wide Securities ... 1.75 2.00 N Amer Tr Shares 1.42 1.47 Selected Cumulative Sh... 1.53 1.60 Selected Income Shares ... 3-87 ‘3 4.37>/i Shawmut Bank Inv Trust. .25 1.50 Std Amer Trust Shares ... 2.00 Super Corp of Am Tr Sh.. 1.87 Vi • 2.12V4 Trustee Std Oil A 2.87' 2 Trustee Std Oil B 2.75 3.12'. 2 U S Elec Light k Pwr A..10.00 12.00 Universal Trust Shares ... 1.50 2.00

New York Bank Stocks

(By Thomson & McKinnon) —June 13Bid. Ask. Bankers 40% 42% Brooklyn Trust 135 150 Central Hanover 85'i 89% Chase National 21% 23% Chemical 28% 30% City National 28% 28% Corn Exchange 40% 42% Commercial 91 99 Continental 11% 13% Empire 13% 15% First National 910 1,010 Guaranty 187 192 Irving 13% 14% Manhattan & Cos 17% 19% Manufacturers 17% 19% New York Trust 58 61 Public 18 21 Chicago Stocks Opening (By James T. Hamill St Cos.) —June 14Cord Corp 3% ! Perfect Circle.., 18 Com Edison 52% ! Swtft St Cos 9% Insull com .... % Swift Inti 16% Middle West .. %|

In the Cotton Markets

CHICAGO ' —June IS— High. Low. Close. January 5.64 5.55 5.64 March 5,78 5.68 5.78 July *. 5.15 5.10 5.15 October 5.41 5 30 5.41 December 5.56 5.46 5.55 NEW YORK January 5.55 5.44 5.55 March 5.71 5.59 5.71 Mav 5 86 5.74 5.85 July 5.11 4,96 5.08 October 5.35 5.21 5.33 December 5.49 5 36 5.46 January 5.53 5.42 5 53 March 5 66 5.57 5.66 May 5,82 5.74 5.81 July 5.11 4 99 5.09 October 5.31 5 18 5 30 December 5.46 5 33 5 44 Births *>uis and Elizabeth Heck, 3420 North Dennv. Charles and Esther Schuster. 655 West Thirty-first. James and Frances Walters. 1815 Jones. Walter and Loretta Luckett. 1107 Biainc. Henry and Florence Cochran. 1021 Roena. Carl and Bessie Delk. 323 North Lynn. , Ollie and Elsie Ayres. 3015 West 'Michigan. . David and Alpha Benton, St. Vincent's hospital. . Philip and Edna Naaman. St. Vincent’s hospital. Charles and Mary Cummins. St. Vincent's horpltal. Harry and Esther Reed. 321 East Minnesota. . Girla , Irvin and Elsie Buescher, Methodist hospital. Virgil and Ceclle Jones, Methodist hosPiUUi Henry and Paula Funder, 631 North Temple. William and Jersle Bmith. 1325 Hiatt. Robert and Gertrude Cline, 839 Woodlawn. Roy and Hester Settles. 1831 West Morris. Earl and Oiadys Phillips. 1101 Lawrence.. Deaths Norbert Kunkel. 1, Riley hospietl, general peritonitis. James B. Baxter, 74, Jsl# Harlan, cerebral hemorrhage. Hilda E. Konl, S3, *22 Sanders, carcinoma. Kate Moran, 59, city hospital, cerebral hemorrhage. Mary M. Dux. 77. 3325 North Talbot, acute eardlae dilatation Lottie A. Weeder. 63, 423 East Thirtieth, chronic myocarditis. Kimble Howard. 70. Methodist hospital, pulmonary tuberculosis. Rosie Bray. 55, 1130 Bates, carcinoma. Elian Cooper Earing. 66. 2304 College, arterlo sclerosis. *2* Seventeenth. arteriosclerosis 42, 175 Geisendorf, mitral insufficiency apoplexy l* U,ht * r . 4S ' 1015 North MbumnL * r ?l* Harris, 23, Indianapolis Bleaching Company, accidental.

New York Stocks ißv Thomson A McKinnon) —————

—June 14— Railroads— Prey. High. Low. 1100 close Atchison 28% 27% 28% 27% Atl Cosst Line.. .. ... 14% 14 Balt dt Ohio ... 5% 5% 5% Cheat St 0hi0... 12% 11% 13% % Can Pac 8% 8% Chi N West.... 3H. 33% ... Del LSt W ’ 11% 11% Del S’, Hudson 40% ... Erie. Ist Dfd ... }% Great Northern 8% 8% Illinois Central 6% 6% Lou A Nash ?% Mo Pacific .. . . 2 Mo Pacific ofd 3% 3% N Y Central.... 11% 11% 11% 11 NYNH&H... 7% 7% 7% 7% Nor Pacific 7% Norfolk St West. <1 Pennsylvania 8% Reading 10% So Pacific 8% 8% Southern Ry 3% St Paul 1 St Paul pfd IV* Union Pacific.. 37% 37% 37% 37% W Maryland 1% Equipments— Am Steel Fd ... 3% Am Air Brake S .. ... ... 7 Gen Am Tank 11 11% General Elec ... 10% 10% 10% 10% Lima Loco 10% 10% N Y Air Brake 4% Pullman ... ... 13 Westlngh Elec.. 22% 21% 22% 21% Rubbers— Firestone 10% ... Fisk % Goodrich 3 Kelly Bprgfld % U S Rubber 2 Motors— Auburn 71% 84% 87% 68% Chrysler ... 6% 6% General Motors 9 9 Graham-Palge 1% Hudson 3% .... Mack 12% ... Nash 9% Packard 2 1% 2 2 Reo 1% 1% Studebaker ... 3% Yellow Truck 1% 1% Motor Aecesa— Bendlx Aviation 5% 5% Briggs 4% Eaton El Auto Lite 10% 10% 10% 10% El Storage B 17% Murray Body .. 3 Sparks W 1% 1% Stewart Warner 2% Timken Roll iO% 10% Mining— Am Met els ... ... 2 Am Smelt 7% 7% 7’4 7% Am Zinc 1% Anaconda Cop 4 4 Alaska Jun...... .. ... 8> 8 Ccrro tie Pasco.. 4 3% 3% 4% Freeport Texas.. 11% _ll% 11% .. Granby Corn 2% 2% Great Nor Ore.. 11 Int Nickel 4% 4 4% 3% Inspiration 1% Kennecott Cop 5% 5% Nev Cons 2% Noranda ... 12 12 Texas Gul Sul 14 14 Oils Atl Refining .... 10% 10 10 10% Barnsdall 4 Houston 2 Sbd Oil 7% 7% Mid Conti 4 1 a 4% Ohio Oil 6\ Phillips 3% 3% Pure Oil 3% Royal Dutch 15% 15% Shell Un 2% 2% 2% 2% Simms Pt 4 Cons Oil 4% 4% Skellv 2% Standard of Cal 18 17% 17% 17% Standard or N J 25% 24% 25V, 24% Soc Vac 6% 6% Texas Cos 9% 10 Union Oil 9 8% 9 Steels— Am Roll Mills 4 Bethlehem 8% 8% Brers A M 10% 8% 10% 9% Inland 12 McKeesport Tin. 31% 30% 30% 32 Midland 2% ... Renub US 2% 2% U S Steel 26% 25% 26% 26 Vanadium ... 6% Youncst S & W 6% Tobarco*— Am Tob (A) new 47 46 47 46 A mTob <B> new 51% 48% 50% 49-% Lie Sc Mvers B 40% 4040% 40 Lor ilia rd 11% 11 11% 11% Reynolds Tob... 29% 29 29% 29 United Cig ... ... % Utilities— Abitibi % Adams Exp ... ... 2% Am For Pwr 2% Am Pwr & Ll 5% A T St T 85% 83% 85% 84% Col Gas Ac El 6% 6% Com <fe Sou.' ... ... 2VB Cons Gas 3R 36% 37% 38% El Pwr & Li.... 4% 4% 4% 4% Gen Gas (A) % % Inti T & T 3% 3% 3% 3% Natl Pwr * Li.. 9% 9 9% 8% No Araer Cos 18% ' 17% 18 Vi 18 Pac Gas St El 21% 20% Pub Serv N J.... 34 33% 34 33% So Cal Edison 19% Std O & El ... 9% 9% United Corn .... 5 4% 5 5 Un Gas Imp 13 12% Ut Pwr <te L A 2% West Union 14% 13% 14% 13% Shipping— Am Inti Corp **. 3% N Y Shin *■'. 1% United Fruit.*. 14 13% Foods— Am Sugar 14% 14% Beechnut, Pkg ... ... 31 Coca Cola 93% 92% 93 95 Corn Prod 31% 29% 31% 30 Cudahy Pkg 21% Gen Foods 2i% Hershey 49% Kroger 11% ... Nat, Biscuit .... 28% 28% 28% 27% Natl Dairy 17 16% 17 16% Purity Bak 5 % Plllsburv 13 Safeway St 38 37% 38 37% Std Brands 10% 10% Drugs— Cotv Inc 1% 1% Drug Inc 28% 28 28% 27% Lambert Cos ... 32% 32% 32% 32% Lchn St Fink 9% Industrials— Am Radiator... 3% 3% 3% 3% Bush Term 4% Gen Asphalt 5 5 Otis Elev 11% 11%, Ulen Indus Chems— Air Red 39% 39 39% 38% Allied Chem ... 52% 50% 52% 51% Cora Solv 5 4% Du Pont 27% 27 27% 27 Unuion Carb ... 17% 17 17% 17% U S Ind A1c0... 16% 16% 16% 15% Retail Stores— Assoc Drv Gds .. 3% Kresge S S 8% 8% B*4 8% May D Store... 11% ll 11 Mont Ward 5% 5 5% 5% Penny J. C 17% 16% 16% 16% Sears Roe 14% 14% 14% 14% Woolworth 25 % 24% 25% 25% Amusements— Eastman Kod..|. 43 41% 42% 41% Loews Inc 16% 16 16% 16% Param Fam 2% 2% 2% 2% Radio Corp 3% R-K-O 2 % Warner Bros % Miscellaneous— Citv Ice & Fu 16 Proc St Gam 26% 25% 26% 11% Allis Chil 5% Am Can . 38% 37 38% 38

THEYiTiLL Ml JU

CHICAGO— Indiana’s delegation to she national convention here* is the focal point of almost all attention—the dry leaders shake their heads commiseratingly when they mention the Hoosier state and wonder how the home of their senatorial apostle, Arthur R. Robinson, lave fallen so from its high estate. The wets point to it with pride and gleefully declare: “Indiana is pointing the way.” And, to tell the truth, the Indiana delegation doesn't know what it’s all about. In asides, the individual members who were delegates to the state convention last week, confessed, "Why, we thought that the platform prohibition declaration was for modification or referendum.” All that you hear around this town is “repeal.” In the early morning, loud speakers mounted on trucks awaken you with the sound of an exhortation for repeal of the dry laws and the eighteenth amendment. No sooner Is that truck gone than another comes along, begging the American people to refrain from the sinful folly of killing the laws which are making us so moral, s * *r As you walk along the street, bevies of young women come up all beribboned with “Repeal Prohiblbition” banners, and stick a button on your coat declaring. “I am wet.” If you refrain from wearing that button, a more matronly and not so comely group begs you to don a pin declaring, "I am dry,” which, in all conscience can't be done, although any one would be glad to oblige the dear old ladies. Music is heard up the street and along come a motorcade of buses, each with a sign bearing the single myAic word, “Diogenes.” Inspection reveals that this is the

J X Case 24% 23% 34% . 24% Cont Can '22 Curtiss Wr % % Gilette 8 R.... 12% li% 12% 12% Gold Dust 10 10 Int Hsrv II 14% 15 15 Int Bus M 70% Real Silk J% ... Un Areft 8% 8% 8% 8% Transamerlca 2%

The City in Brief

WEDNESDAY EVENTS Kiwanla Club luncheon, Claypool. Lions Club luncheon, Washington. Purdue Alumni Association luncheon, Severln. Mutual Insurance Association luncheon, Columbia Club. Illint Club luncheon. Board of Trade. Building Forbm luncheon, Architects and Builders building. Apartment Owners’ Association luncheon. Washington. Marion County Tuberculosis Association luncheon, Lincoln. Seeking $25,090 for injuries incurred in an automobile accident, Nell K. Montfort filed suit Monday against John L. Partlow and the Partlow-Jenkins Motor Car Company in superior court five. Physicians expect recovery of Paul Fisher, 36, a salesman, who attempted suicide Monday by inhaling gas at his home, 209 North Sheffield avenue. Neighbors found him lying on the floor of the kitchen with all jets of a gas range open. He was taken to city hospital. Clothing valued at $l9O was stolen Monday night from a cleaning shop at 1564 College avenue, operated by Henry Brown, 1907 Park avenue, he reported to police today. Entrance was gained through a transom. The loot included six dresses and eight suits. Removal of the Haag drug store from 55 Virginia avenue to a room at the entrance of the Pembroke Arcade building makes vacant a business room, which despite its small size, is a landmark in the near downtown business section. A larger store will occupy the new quarters with the same personnel. Delegation from the Indianapolis Electrical Maintenance Engineers Association will leave Wednesday for Cleveland to attend third annual conference of the engineers, which will open Thursday, with industrial centers of the middlewest represented. A misstep into a hole, dug for erection of a telephone pole, today was basis of a SIO,OOO damage suit filed by Hattie Lozier against the Indiana Bell Telephone Company. The suit alleges she received internal injuries wheti she accidentally stepped into a hole. TAKES LEAVES BATHING SUIT Swimmer Who Broke Into Dance Hall Sought by Police. Police today were searching for a city swimmer who used a saxophone for a fig leaf and left naught but a green bathing suit and a pair of scissors for clews as to his identity. H. L. Bailey, 1037 North Jefferson street, manager of the Broad Rippli* dance hall, reported to police that someone entered the hall by cutting a screen and stole a saxophone valued at $165. Bailey believes the thief must have been one of the park’s swimmers, for he left a verdure green bathing suit in the place of the “sax.” A pair of shears found-near the suit were used to effect an entrance, police believe. New York Liberty Bonds —June 13— Liberty 3%s ’47 100.18 Liberty Ist 4%s ’47 101.18 Liberty 4th 4%s '3B 102.80 Treasury 4%s '52 104.40 Treasury 4s '54 101.10 Treasury 3s '55 91.20 Treasury 3%s '56 98.20 Treasury 3%s '43 (March) 96.10 Treasury 3%s '43 (June) 96.15 JAIL ALFONSO SLAPPER Spanish Assailant of Ex-King Gets Six Months in Prison. By United. Press MARSEILLES, June 14. Gonzales Mansanares, Spaniard who slapped Ex-King Alfonso and handled him roughly when Alfonso was debarking from a liner here last month, was sentenced to six months in prison, after which he will be expelled from France. Alfonso did not press the charge.

caravan of the prohibition research group, touring the country to find a man reformed by prohibition in the more than a decade which has elapsed since adoption of the eighteenth amendment. Twenty thousand people attend a wet rally one night, and the next noon 4,000 Democratic and Republican women meet at the Naval Reserve Armory to protest any weakening of the prohibition law. n tt Hoosiers who boast proudly of their wet platform stand expressed themselves as being annoyed greatly by the cards entitled “Notice to Guests” in the rooms of the Palmer house, where state headquarters is located, which declared: “The prohibition law forbids furnishing accessories with knowledge that the same are for use in consumption of intoxicating liquor. Any violation of the law may subject you as well as ourselves to severe penalties. To avoid embarrassing situation, we shall appreciate your co-operation in strict observance of the law.” That notice, howevel, doesn’t seem to be bothering many, as the hotel reports a greatly increased sale of ginger ale and white rock. It is a peculiar thing that, with the thousands of unemployed and panhandlers on the streets, all attention Is ebneentrated on the liquor law and none on unemployment relief by party leaders. Perhaps they believe that with the doing away of the one, the other will follow^. Market Note—Convention liquor prices are quoted as follows: Gordon Gin. labeled prettily, but of the bathtub manufactured variety, $2 a quart; Bourbon, $4 and $5 a quart; Scotch, $8.50 an imperial quart. Don't smack your lips—the bootleggers say that it is all syndicate liquor, and cut.

THE INDIANAPOLIS TIMES

PORKERS MOVE UP 5 CENTS IN STEADY TRADE Beef Steers, Heifers Fairly Active; Sheep Show Gains. Hogs showed another gain this morning at the city yards, prices moving up 5 cents on weights over 160 pounds. Other wights were steady. The bulk, 100 to 350 pounds, sold for $3.30 to $3.70; early top holding at $3.70. Receipts were estimated at 7,500; holdovers were 122. "frade was fairly active on beef steers and cows, prices fully steady. Heifers kept to an even range. Receipts were 1,900. Vealers were 50 cents up from the previous levels, selling at $6.50 down. Calf receipts weree 700. Sheep and lambs were around 50 cents higher, selling mostly at $7.50 down. Early top was $7*.75. Receipts were 1,500. Porker prices in Chicago this morning displayed further strength, with asking around 5 to 10 cents higher than Monday’s average. With demand active early sales and bids held fully steady. The bulk, 160 to 220 pounds, sold at $3.55 to $3.65; best kinds held at $3.75, while I heavier weights from 230 to 250 pounds were salable at $3.50 to $3.55. Receipts 19,000, including 2,000 direct; holdovers, 4,C00. Cattle receipts, 7,000; calves, 2,500; market, strong. Sheep receipts, 3,000; market, strong. HOGS J - ne „ ®uik Too Receipts 7. $3.20® 3.25 *3.60 8.000 8. 3.10® 3.45 3.50 7,500 9. 3.10® 3.45 3.50 6,500 10. 3.25® 3.60 3.60 5,500 11. 3.40® 3.75 3.75 2,500 13. 3.25@ 3.65 3 65 5,500 14. 3.30® 3.70 3.70 7.500 .... Receipts. 7.503: market, higher. (140-160) Good and choice. ..* 3.65 —Light Lights—-(l6o-180) Good end choice... 3.70 . —Light Weights—-(lßo-200) Good end choice^.. 3.70 (200-2201 Good and choice... 3.65® 3.70 —Medium Weights—-f22o-250) Good and choice... 3.55® 3.65 (250-290) Medium end g00d... 3.40® 3.45 —Heavy Weights—-(29o-350) Good and choice... 3.30® 3.40 - —Packing Sows—-'3so-500) Medium and good.. 2.25® 2.90 (100-130) Slaughter pigs 3.35® 3.50 CATTLE Receipts, 1.900; 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 choioe 3.50® 4.50 Medium 2.75®3.50 Cull and common 1.50® 2.75 'Bulls (yearlings excluuded)— Good and choice beefs 3.00® 3.75 Cutter common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 700; market, higher. —Vealers— Good and choice $6.00® 6.50 Medium 4.50® 6.00 Cull and common 3.00® 4.50 —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 Common 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, 1,500; market, higher. Good and choice $ 6.50® 7 75 Common and medium 4.00® 6.50 Ewes, medium and choice I.oo® 2.00 Cull and common 50® 1.00 Other Livestock By United Press June 14: —Hogs—Receipts, 19.000, including 2,000 direct; active, strong to higher; 180-220 lbs., $3.60®3.75; top, $3.70: 230-260 lbs., [email protected]; 270-325 lbs., 53.00®3.50: ,140-170 lbs., $3.35573.60; pigs. [email protected]; packing sows, $2.75®3.10; fignt lights, 140-160 lbs., good and choice, $3.35@ 3 60; lightweights. 100-200 lbs., good and choice, $3.40®3.70; medium weights. 200--250 lbs., good and choice, $3.50®3.70; heavyweights. 250-350 lbs., good and choice, $3.2047,3.60; packing sows. 275-500 lbs., medium and good, $2.75®3.15; slaughter pigs, 100-130 lbs., good and choice, $2.90® 3.35. Cattle—Receipts, 7,000; calves, 2,500; general steer trade very slow, but steady; light heifers and mixed yearlings, weak; killing quality less desirable; top, $7.30; bulk fat steers, [email protected]; bulls strong to higher, but vealers 25c or more lower; slaughter cattle and vealers: Steers, 600lbs-, good and choice. [email protected]; 900H 22 S ood and choice. [email protected]: - lbs -' § ood and choice, $6.50® 1.3W-I.SOO lbs., good and choice, $6.50 @7.75; 600-1,300 lbs., common and medium, [email protected]: Kfeifers. 550-850 lbs., good and choice. $5.25®6.40; common and medium. [email protected]; cows, good and choice, s3@s; common and medium, [email protected] cutter and cutter cows, $1,505)2.50; bulls (yearlings excluded), good and choi<v>, beer, $3®4.25; cutter to medium. s2.2sr,rjvealers (milk fed), good and choice, $5.50® me d*um, [email protected]; cull and common" $3-5005; stocker and feeder cattle; Steers, 500-1,050 lbs., good and choice, ss@6 25; common and medium, $3.75@5. Sheep Receipts, 8,000; all classes scarce, strong; better grade lambs, 10®15c higher; qua’ltv considered: earlv bulk, $6,250:6.75; several lots $7; later price paid by outsiders; good yearlings, [email protected]. 8 By United Press EAST ST. LOUIS. June 14,-Hogs—Re-ceipts. n.OOO: market, strong to 5c higher: P‘f s - - lbc / bi ? h . e r r; top $3.60; bulk, 150-220 Inn", A 3 -1^ 4 - 55: 230-270 lbs., $3.25® 3.40: 100-140 lbs., $303.40; sows. $2.4502.65. Cattle—Receipts, 2,500; calves. 2,000; market slow, but generally steady on all classes in initial trade: a few steers. $5.25@6 40some due to bring $7 or better on sale: mixed and heifers, $4.75@6: cows, $2.50® P^ V n. cut^ers ' sl-25®1.75; top sausage bulls. $2 75; good and choice vealers. $5.50. Sheep—Receipts. 7.000; market not established; packers talking lower: odd lots desirable lambs to city butchers. $6.75 and below; asking upward to *7 for better kinds. By United Press \ BUFFALO, June 14.—Hogs—On sale. 600; active to shippers: 10®15c over Mondays average: good ot choice, 160-240 L bs ." J 4IO S, 4 i 25 A. Iew P'KS and underweights, $3.50® 4. Cattle—Receipts 125vealers slow, steady: good to choice mostly $6.50; common and medium, [email protected]. Sheep —Receipts, 900: lambs fully steady; quality and sorts considered: good to near choice. *7.50®7.75; mostly sorted ewes and wethers quoted *8.25; mixed lots, [email protected] inferior throwouts downward to $5.50. By Times Special LOUISVILLE. June 14.—Cattle. 150. steady; bulk common and medium grass steers and heifers. [email protected]: better finished kinds to $6 or better beef cows and bulls mostly $3 down: low cutters and cutter*.. [email protected]: bulk light Stockers, salable. 545j5. Calves —Receipts. 300: steady; good and choice. s4®s; medium and throwouts *3.50 down. Hogs—Receipts. 1.000. steads ; 1,0-220 pounds. $3.65: 225-255 lbs.. *3.35: 260-295 lbs.. $3: 300 lbs. up. *2.50: 140-160 lbs.. *3.05: 135 lbs., down. *2.65; sows $1.60 ®2.25; stags, mostly *1.25. Sheep—Receipts. 3.000: general quality less desirable than Monday; market not established, generally bidding steady or from $6.50 to mostly *7 on bulk; better grades with choice minds held to $7.50. Monday's shipments—llß cattle: 420 calves. 135 hogs : and 4.055 sheep. By United Press FT. WAYNE. Ind.. June 14. —Hogs— | market. 10® 15c higher: pigs. $3,255) 3.45 ! light lights [email protected]: lights. 83.600 3.75- I mediums. $3.4503.60: heavies. $3,255) 3.45- I stags, 51.20: roughs. $2.50: calves. *5.50 06; | ewes and wether lambs. *[email protected]: bucks. ss® 5.50. ; By United Press LAFAYETTE. Ind.. June 14.—Hog market steady to 5c higher; 160-210 lbs.. *3.45: 210225 ibs.. $3.40: 225-235 lbs , 83.35: 235-250 lbs.. $3.30: 250-275 lbs. *3.20 : 275-300 lbs.. $3.15; 300-325 lbs.. |3.10; 140-180 lbs.. $3.25; 120-140 lbs.. *3.15; 100-120 lbs.. *3: roughs. 52.65 down: ton calves, *5.50; top lambs, *8.50. By United Press * TOLEDO. June 14.—Hogs—Reciepts. 375; market, heavies steady 10 to 15c higher on lights: heaw vorkers. 83.80 03.70; mixed. *3.403.70: bulk. *3.40®3.75: pigs. *3® 3.15: lights. S3® 3.15: roughs. *2® 2.35. Cattle—Receipts, light: market, steady. Calves—Receipts, light: market. strong. Sheep and lambs—Receipts, light: market, steady. By Unitrd Press CLEVELAND. June 14.—Hogs—Receipts. 2.000: holdover none: steady to 10c lower: I 160-230 lbs.. 53.90 : 240-300 lbs.. *3.5003.60: pigs. *3.50. Cattle—Receipts. 150. steers, active strong: others, steady; common to good steers. *5.558.50; bulk. $8.25 0 6.40; cows. 81.7504: according to grade. Calves —Receipts. 700: steady to weaker:. bulk. $6.50 downward; too $7: cull to medium light weights also most weights 200 lbs. upwards *50.6. Sheep—Receipts. 900; steady; nearly good lambs. 5757.50; choice scarce: few held above SB,

BELIEVE IT or NOT

HASW MISSED A MEAL A LILLY CHIP, B.VLfLLY, A HUNTER AND TRAPPED Ifff JjW WROTE ALL MIS CHECKS ON CHIPS OF WOOD (tl JfJ II They were All resdtly accepted., ft j j GROVER ' The house of Shells/ GUSTAV OSTERBURG. cf SpotsWOOd.N.J! „ \ - BUILT H/MSELF A HOME OF CLAM SHELLS —d-4

Dow-Jones Summary

Dail vaverage production of crude oil in the United States in week ended June 11, totaled 2.174.084 barrels, an increase of 4.17a barrels over the preceding week, according to Oil and Gas Journal. First National Stock Corporation declared the regular quarterly dividend of 12% cents, payable July 1, of record June 18. Great Northern in April reported net loss amounting to $1,729,257 after charges, against $1,361,057 in April. 1931; four months net loss totaled $7,388,627 against $908,142. Aetna Fire Insurance declared the regular quarterly dividend of 50 cents, payable July 1. of record June 13. Detroit Edison Company in twelve months ended Mav 31. earned *7.48 a share, against $8.74 a share in previous twelve months. Adams Express Company omits quarterly dividend of $1.25 on preferred stcok. due at this time. Pacific Mutual Life Insurance declared (he regular quarterly dividend of 50 cents and usual extra of 10 cents a share, both payable July 1, of record June 20. Postal Telegraph aad Cable Corporation in quarter ended March 31 reported net loss amounting to $196,432 after taxes, depreciation. interest, etc., against net loss of $285,490 in March quarter of 1931. Nashville. Chattanooga & So. Louis in April showed net loss of $61,308 after charges, against net income of $96,386 in April 1931: four months' loss amounted to $280,405. against net income of $54,699. Detroit Bakers Company declared a dividend of 25 cents, payable June 30, of record June 20. Manufacturers Trust Company declared the regular quarterly dividend of 50 cents. Early St Daniel Cos. declared the regular quarterly dividend of 50 cents on common stock, payable June 30, of record June 20.

Net Changes

By United Press NEW YORK, June 13.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow; Up. Off. Allied Chemical, unchanged 51% American Can 38 % American Telephone 84% % Atchison 27% % Auburn 68% 2 Bethlehem Steel ' 8% .. % Brooklyn-Manhattan Trans. 15% 3% Case 24% % .. Consolidated Gas. unch/.. 36'm Consolidated Oil. unch 4% Du Pont, unchanged 27 General Electric 10% % General Motors, unchanged 9 Loew's ex-div 16% .. % Montgomery Ward 5Vs .. % N Y Central 10% .. % ■North American 18 .. % Public Service 33% .. % Radio, unchanged 3% Sears Roebuck, unchanged 14% Standard Gas 9% ~ % Stand Oil N J 24% % Union Carbide 17% % Union Pacific . 37% % United Corp 5 % U S Steel 26 .. % Western Union 13 s * .. I s * Woolworth 25% .. % RAW SUGAR PRICES —June 13— High. Low. Close. January 88 .84 .88 March 94 .89 93 May ■ 99 .94 .99 July 73 .68 .72 September 79 75 .79 December 89 .82 .86

‘CLIENT’ LUNCHEONS LAUNCHED IN COURT

Attorneys Buy Meals for Three in Lazy Husband Trial. Attorneys for the city may hang sandwich signs around their persons when they go into municipal courts, if the precedent set today before Special Judge Floyd R. Mannon of the municipal court, is continued. The economic condition of clients in court has been troublesome for seme time, but Gerritt Bates, attorney, and Dewey Myers, deputy prosecutor. solved the food question for plaintiff and defendant in & lazy husband case by providing meals for them during a court adjournment. Bates, representing Lee Marion, 30. of 2002 North Pennsylvania street, on a lazy husband count, promised to pay for his client's lunch afed the lunch of Marion’s mother-in-law when the case was

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 Monday’s Times: A Handless Razor Randion was born of Hindu parents in Demarera, the northern mainland of South America, about fifty-six years ago. Although he never had either arms or legs, he can thread a needle, feed himself, roll a cigaret and do many nearly impossible things. His most astounding accomplishment, however, is shaving himself unaided, using an old-fashioned razor. He has been exhibited in every part of the globe and greatly admired for his accomplishments and patience. Wednesday—A Midget Mystery. Other Livestock By United Press PITTSBURGH. June 14. —Hogs—Receipts. 500: market, mostly 15 to 20 cents higher: 160-210 lbs.. $4.15® 4.30: 210-240 lbs. $3.85® 4.10: 250-310 lbs.. [email protected]: packing sows. $2.25(5*2.75. Cattle—Receipts, 15: market, about steady; medium to good steers and vearlines ouoted at [email protected]: heifers. $4.35® 5.50: beef cows. $2.85® 4. Calves —Receipts. 150: market, steady: good and choice vealers. ss® 6. Sheep— Receipts. 300: market, steady; good,to choice lambs, $6.50®7.50: good wethers. $2.35@3. By United Press CINCINNATI. 0.. June 14.—Hogs—Receipts. 4.500; including 740 direct, held over none: active, uneven hogs average under 250 lbs., steady to 5c lower: heavier weights unevenly steady to 10c higher, better grade. 160-260 lbs.. $3.65®3.85: 250300 lbs.. $3.4003.65: 130-150 lbs.. *3.40; bulk sows. $2.50. Cattle—Receipts. 500: calves. 600; about steady, supply light odd lots common and medium steers and heifers. [email protected]; few better finished kind. $5.85®6.25: part load good steers, $6.65: cows. slow. $303.75: low cutterc and cutters. $1.5002.50; bulls draggv. weak, practical top. $3: vealers. steady; good heavyweights, $4.500 5: good and choice heavyweights. $5.50@6: lower grades. 5c down. Sheen —Receipts. 7,000: active, steady; better grade lambs. $7.25: mostly $7 and up and common and medium. $5.25 @5.50: plainer throwouts downward to $4.50 or below, fat aged ewes. sl@2. Marriage Licenses Herbert Y. Massie, 36, of 1427 Roache street, engineer, and Dorothy Alice Brooks, 28, of 6 West Twenty-sixth street, bookkeeper. Homer Steely, 37, of White county, farmer, and Agnes Hansen, 34, of 1204 North Olney street, teacher. Florentine J. Steinkamp. 25, cf 2844 Allen avenue, bureau of animal industry, and Mildred Dunn, 23, of 1442 East Terrace avenue, stenographer. Charles O. Cedarholm, 26. of 4144 Graceland avenue, pressman and Dorothy May McClellap, 22, of 3554 Oraceland avenUe. John D. Hendricks, 54. of 4033 College avenue, barber, and Imo Stephenson Sanderson, 32, of 1347 West Twenty-sixth street, saleslady. Maurice Perry. 31. of 1438 Deloss street, laborer, and Bertha McKinney. 24, of 1438 Deloss street, houseworker. Robert B. Hurt, 26, of Lebanon, restaurant manager, and Velma Hendricks, 22, of 433 Bosart avenue, houseworker. George Everhart. 65, of 408% Massachusetts avenue, laborer, and Lucy Smith, 63, of 1011 South Gale street. Orval D. Snowden, 40, of 817% South West street, engineer, and Martha Ann Underwood. 42. of 817% South West street. In the Air Weather conditions at 9 a. m.: Southeast wind, 6 miles an hour; temperature, 74; barometric pressure, 29.76 at sea level; ceiling, high, broken clouds, unlimited; visibility, 15 miles; field, good. NEW YORK COFFEE RANGE —June 13High. Low. close. July 6 29 September .... 6 26 December 6.16

adjourned at noon until 2 p. m. Myers made the “client” luncheons “even-Stephen” by donating 25 cents to the noon meal of the plaintiff, Mrs. Mary Marion, Lee's wife. Both the wife, Marion, and the wife’s mother pleaded hunger and depression-flattened pocketbooks. But oddly the mother-in-law in this case defended the husband on the “lazy” charge. Her daughter scorned her in court. A quarrel that ensued when Marion attempted to move a twin bed into a room for his mother-in-law to sleep upon, resulted in Mrs. Marion’s charges against her husband. Mrs. Marion, according td testimony, refused her mother sleeping quarters, and declared she needed the bed for anew roomer in her home. The lengthy testimony in the case necessitated a continuance until afternoon's session of court, with the resultant “fr|e meal” offers of defense and prosecuting attorneys.

|-l\' BertstereA V. B. JLP JL Patent Office RIPLEY

Bright Spots of Business

By United Pres* NEW YORK, June 14.—Raw silk consumption during May again exceeded production, according to the silk association, totaling 38,323 bales, against output of 22,858 bales. PITTSBURGH—Demand for tin plate, structural steel and automobile requirements was slightly better in the Pittsburgh district In the last week. DETROIT—May retail sales by Packard Motor Car Cos. showed an increase of 7 per cent over May, 1931, it was reported. PITTSBURGH Washington Oil Cos. S laced the common stock on a $3 annual asis, against $1 previously. DETROlT—Factory sales of De Soto cars to Wayne county dealers in the first ten days of Jiuie were 110 per cent greater than during the corresponding period of May, it was reported.

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds. 10c; Leghorn hens. Sc; broilers, colored springers. 2 Jbs. and up, 16c: 1% to 2 lbs.. 13c: bareback and partly feathered. 10c; leghqrn and black, 1% lbs. and un. 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 old guineas. Isc. Eggs. No. 1 current receipts. B%c. Duck eggs. sc. Loss off for rots, blood rings and mashed. Butter21® 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 14.—Potatoes—Firm; southern. $1.50@3 barrel: Maine. $1.20® 1.60 barrel: Bermuda. $5.50®6 barrel; Canada. $102.15 barrel. Sweet potatoes;— Market, dull; Jersey, basket. [email protected]: southern, basket, 50c@$l. Flour in good demand; springs, patents, $4.10 0 4.40 per barrel. Pork—Dull; mess. $12.50013 barrel. Lard—Easy; middle west spot, $4.10 @4.20 100 lbs. Petroleum—Dull; New York refined. 17c gallon; crude Pennsylvania, [email protected] barrel. Grease-Quiet; brown, l%c lb.; yellow, 2%c lb; white, 1%02c lb. Tallow—Steady; special to extra. I%® 2c lb. Hides—City packer, dull: native steers. 4c lb.; butt brands, 4c lb: Colorado. 3%c lb. Dressed poultry—Market, dull; turkeys, ll@30c; chickens. 14@27c; broilers, 15@30c: fowls. 8® 19c; Long Island ducks, 12@15c. Live poultry—Market, dull, geese. 7@l2c; turkeys. 10®20c; roosters. lO0Tlc; ducks, 8@16c,; fowls, 10@17cchickens, pullets, 22 0 28c; broilers, 120' 26c. Cheese—Market, quiet: state whole milk, fancy to specials 10® 20c; young America, lL@ll%c. By United Press CLEVELAND, June 14.—Butter (cents per lb); market, easy; extras, 20%c; standards 20 1 -C. Eggs (cents per dozen); market, steady: firsts. 13c; current receipts. 12%c. Poultry (cents per lb); market, steady; fowls. 12@13c; medium fowls. 130 14c- leghorn broilers, 12@15c; ducks, 10012 c; old cocks, 8@10c; geese, 70 Bc. Potatoes— Ohio and New York. 50®55c bushel sack; Maine Green Mountain mostly 9Oco*l per 100 lb sack: Idaho russet. $1.600 1.60; few higher per 100 lb. sack. By United Press .CHICAGO. June 14.—Eggs—Market, steady; receipts. 18.937 cases: extra firsts. 13 @ 13%c; firsts. 12%@13c: current receipts. ll%c: seconds. 10%c. ButterMarket steady; receipts. 15.176 tubs: extras 16%c; extra firsts. 15%@16c; firsts, 15®15%c. seconds. 12@14c: standards, J° -c. Poultry—Market, steady; receipts. * 9 ar: „ * ow ' s - 13@12%c: Lehorns. Be: ducks. 8@llc: geese. 8c; turkeys 10@12%c; roosters. 8c: broilers. 140 19c; Leghorn broilers, 120 13c; stags, 11c. Cheese— Twins, 9%@10c: voung Americas. 10%@ 10% c Potatoes—On track. 254 arrivals. 70: shipments. 430: market dull, steady to firm: Idaho Russets. *[email protected]: Wisconsin Whites. 70@80c; Michigan Russet Rurals. 80®85c; North Carolina Cobblers barrel. $2.75; Southern Triumphs. $1.35® Building Permits Toney Malad. lunchroom. 3617 Massa- ! chusetts avenue, *SOO. Evergreen lodge. F. and A. M., steam heat plant, 251f West Washington street, SSOO. $250 Usf ° rd Askln ' B ara * e - 2501 Sa't Tenth, George Bowers, addition, 1525 East Ta- i bor, S2OO. ..Willard Hollowell, addition, 637 Exeter. I 1400. I

If Financial Independence Is Your Goal—the J. L. MARKS CUMULATIVE INVESTMENT PLAN will help you attain it in the most logical manner. A small-Initial Deposit and convenient monthly payments SV p 2l od ! nablcs s’°“ squire the e,” 52 of the Nations outstanding Companies at present prices You are privileged to select the isKies ** which you desire ui participate and you receive all dividends paid upon them from the time of your Initial Deposit. Send for booklet. “The Road to Riches,” which describes this interesting method of saving and investing. J.LMarks & Company Chicago 3d X. La Salle INDIANAPOLIS Suite 724 Circle Tower Lincoln 85f J Tune in on "The Marksmen” over WBBM each evening at 5 o'clock, C. S. T.

-JUNE 14, 1932

LOWER CABLES FORGE FUTURE MARK-DOWN Support Declines as English’ Values Move Off on Weather News. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO. June 14.—Wheat declined sharply as the Board of Board of Trade opened today as a result of the drastic liquidation at Liverpool. Support almost entirely was lacking and only buying against bid served to check the decline. Liverpool broke on the favorable weather in North America and Europe and on pressure from nearby wheat. . Com sold off with wheat. Oats eased and rye fell to new lows for the season on all deliveries. September and December wheat were at new low, with July only % cent above its low. At the opening wheat was % cent to I*4 cent lower, com was % cent lower, oats *4 cent lower and rye 7 n cent lower. Provisions were very dull. Liverpool was much lower than expected and weakened rapidly, declinning 1% cent to 1% cent by mid-afternoon. July corn maintains a strong position. although other months are somewhat weak. The cash demand and hopes for export business keep July Arm. Oat* remains fairly steady at th dictation of the major cereals in the absence of any individual feature, Chicago Grain Range _ —June 14WHEAT— p r( .„ - , High. Low 11:90. close! Spt .51 1 j .51% .51% .52% Dec .54% .54 .54% .55% CORN— July 29% .29% .29% .30 SePt -31% .31% .31% .11% Dec 32% .32% .32% .32% OATS— July 20% .20 .20 .20% Sept .20% .20% .20% .30% Dec J ,23% RYE— July .30 39 % .30 ,30% Sept .32% .33% .32% .33% Dec fy .36% .35% .36% .36% LARD— July .... .... 3 87 3.90 Sept 3.95 4.00 9 ct .... .... 3.97 4.02 Jan 3.90 .... By Times Special CHICAGO. June 14.—Carlots: Wheat. 12: corn, 23; oats, 26: rve. 0. and barley, 3. By United Press \vhVJF A K°' o June j Cash grain close: Wheat—No. 2 red. 51 %c. Corn—No. 3 I" 1 vellow. 31c; No. 2 velow. 30%@3 %c; No. 6 vellow 29%c: No. 1 xY* 11 -• 3 V C: sample grade, nona. Oata ITiS 0 - xr ra i xed^,. lßc: No - 2 w hite. 21%@ 21%c; No. 3 white. 20®21 tic: No. 4 white, l?%c Rve—No sales. Bariev—34® 45c. Timothy—s2.7s® 3. C10ver—59.25014.25. By United Press TOLEDO, June 13.—Cash grain: Grain in elevators, transit billing. Wheat—No. 2 red, 50@51c. Corn—No. 2 vellow, 33® 34a 9 at s—No. 2 white, 23%f,/24%c. Rve ? 0 ' ?; , 38 2®39%c. Track prices, 28'..0 rate. Wheat—No. 2 red. 44%@45c: No 1 red. 1c premium; No. 3 red, ' 2 @3 cents discount; No. 4 red. 2%®4 cents discount. Corn—No. 2 yellow. 29029' -c No. 3 vellow, 28©28%c. Oats—No. 2 white' 20%@21%c; No. 3 white. 19%®21c. Clover Prime, *9. Alsyke. Cash. *8.75. Butter —Fancy erbamerv. 22c. Eggs—Extras. 11% ® 12,1 c. Hay—Timothy per cwt.. 80 cents.

Cash Grain

—June 13— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o b. shipping point, basis 41 %c New York rate, were; Wheat—No. 1 red. 4(1@41c; No. 2 red. 39 @4oc; No. 2 hard. 39040 c. Coarn—Firm: No. 2 white. 23@24c; No 3 white. 22 0 23c; No. 2 yellow. 22@23c; No 3 yellow, 21®22c: No. 2 mixed. 21@22c; No. 3 mixed. 20@21c. Oats—Steady; No. 2 white. 16%017%cr No. 3 white. 15%®16%c. Hay (f. o. b. county poifits taking 23%e or less rates to Cincinnati or Louisville i No. 1 timothy, [email protected]; No. 2 timothy. *6 @6.50. —lnspections Wheat—No. 2 red, 2 cars; sample. 1 car. Total. 3 cars. Corn—No. 2 white. 1 car: No. 1 yellow. I car; No. 2 yellow, 5 cars; No. 3 yellow 4 cars: No. 4 yellow. 1 cars. Total. 12 car's. Oats—No. 2 white, 1 car; No. 3 white. 4 cars. Total. 5 cars.

Local Wagon Wheat

Citv grain elevators are paving 37c for No. 2 wheat and 37c for No. 2 hard wheat. FIND MYSTERY TAXI CAB Seats Blood-Soaked; 3 Negroes Seen Leaving Machine. Police today telegraphed authorities of Ohio cities, following the finding of an abandoned taxicab, with blood-soaked seats, this morning in front of 934 East Ninth street. Hensel Davis, watchman at the Ninth street address, reported to detectives that he saw two Negro men and a Negro woman leave the cab earl;’ today. The taxi's meter was missing. A hole, believed to have been caused by a bullet, was found on the windshield. Efforts are being made by citv police to locate the home city of the tafci.

James T. Hamill & Company Privatq Wire to All Leading Markets TndianapolU MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapoli* Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel., Klley M 93 Riley 5494