Indianapolis Times, Volume 44, Number 30, Indianapolis, Marion County, 15 June 1932 — Page 11
JUNE 15, 1932-
STOCKS UP ON BULLISH TURN IN SENTIMENT End of Foreign Gold Drain Signal for Renewed Buying.
Average Stock Prices
Av*ree of thirty Industrial* for Tuesday 49.00, up 99. Average of twenty rails 16 83, up 40, Average of twenty utilities IS 50. up .47. Average of forty bonds 70,59, up .07. BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 15.—A1l markets—financial and commodity— responded today to the news that the abnormal strain on the American dollar had come to an end. Stocks rase 1 to more than 2 points; bank stocks fractions to 3 points; United States government bonds fractions to nearly a full point; wheat a cent a bushel, and cotton 3 to 7 points. The American dollar ruled strong; In relation to European currencies. United States Steel swung Into leadership of the industrial sections on the Stock Exchange, rising to 2ft 1 1 , up % point from the previous close, and the preferred stock spurted 2’- points to 68' 2 . Gains of 2 points or more Were made by such issues as Auburn, Allied Chemical, American Can, Case, McKeesport Tin Plate and Eastman Kodak. R. H. Macy advanced 4% to 23 on heavy turnover following action of directors in declaring the dividend of 50 cents a share, the same as that paid in the preceding quarter. Omission of the Western Union dividend had been discounted and that issue soared 4'4 points to 17. Utilities and rails were strong.
Bank Clearings
INDIANAPOLIS STATEMENT ■—June 15— Clearing* $2,481.800 00 Debits 6.492,000.00 TREASURY STATEMENT Net. balance for June 13 $m.021,855.43 Expenditures 19.623,771.34 Customs recta, month to date 7.793,528.20
New York Curb Market
'By Thomson * McKinnon) —June 15— 11:001 11:00. Am Cyanamid. 2% Humble Oil .. 37% Am Gas A: Elec 18%!Imp Oil of Can 7% Am Sup Pwr... l%Unt Pet 9% Ass Ga* A Elec 2 Midwest Util ... \ Can Marc .... % Nia Hud Pwr .. 9% Cities Service.. 2% St Regis Paper.. 2 Cord 3% Std of Ind ... 18 Elec Bond ASh 7% Un Lt A Pwr... 2 Ford of Can... 6%Ut Pwr 1 Goldman Sachs l%;Un Fndrs %
Investment Trust Shares
(Bv James T Hamlll A Cos.) PRICES ARE TO 12 NOON —June 15Bid. Ask. Am Founders Corp com .. .37% .50 Amer and Oen Sec A 75 Am Inv Tr Shares 1 40 1.65 Basic Industry Bharcs .... 1.50 1.87% Collateral Trust Shares A. 2.50 300 Cumulative Trust Shares.. 2.00 2.37% Diversified Trustee Shares A 4.62% Fixed Trust Oil Shares ... 1.2.6 Fixed Trust Shares A 4.62 % Fundamental Tr Shares A 2.00 2 37% Fundamental Trust Sh 8.. 2.25 2.62% Leaders of Industry A .... 2.00 Low Priced Shares 1.37% Mass Inv Trust Shares ...*9.75 10.75 Nation Wide Securities .... 1.75 2.00 North American Tr Shares 1.43 1.52 Selected Cumulative Shares 3.87% 4 37% Selected Income Shares ... 1.87% 2.25 Shawmut Bank Inv Trust. .25 1.50 Std Amer Trust Shares ... 2.00 Super Corp of Am Tr Sh 1.87% 2.12% Trustee Std Oil A 2.87 Vs Trustee Std Oil B 2.75 3.12% U S Elec LI A Pwr A 10 00 12.00 Universal Trust Shares . . 1.50 2.00 Corporate Trust new 1.37 1 45
New York Bank Stocks
ißv Thomson A McKinnon! —June 14Bid. Ask. Bankers 42 44 Brooklyn Trust 135 ISO . eutral Hanover 87 % 91% Chase National 21% 23% Chemical 28% 30% Cttv National 35% 29% Corn Exchange 41 44 Commercial 90 98 Continental 11 13% Emntre 13% 15% First National 960 1.060 Guaranty 195 200 Irving 13% 14% Manhattan A Cos 19 21 Manufacturers 18% 20% New York Trust 58 61 Public 18 20
Foreign Exchange
(By James T. Hamlll A Cos.) —June 15— Open. Sterling, England 3.66% Franc. France 0393 Lira. Italv 0511’,2 Franc. Belgium 1392 Mark. Germany 2365 Guilder. Holland 4042 Peseta. Spain 0824 Krone. Norwar * 1810 Krone. Denmark 1995 Y'en. Japan 3118 New York Liberty Bonds —June 14— Liberty 3’ is ’47 100 18 Liberty Ist 4%, ’47 101 18 Liberty 4th 4> 4 s '3B 1 102.90 Treasury 4%s '52 104.70 Treasury 4s '54 101.14 Treasury 3s '55 91.14 Treasury 3%s '56 98.76 Treasury 3%s '43 'March) 96.30 Treasury 3%s '43 (Junei 98 36 Other Livestock By United Press EAST BUFFALO. N. -Y . June 15.—Hogs - On ssle. 700; steady; good to choice. 150230 lbs . $4.35; mixed offerings, including sprinkling of pigs, $4 10. Cattle-Re-ceipts, 400. reactor cow predominating, slow, barely steady: cutter cows. sl2s® 1 50; grass steers and heifers. $5.25; plainer kinds down to $4.25: calves, receipts. 175: vealers. active, steady; bulk better lo(s. $6 50; common and medium, s4®s. Sheep--Receipts, .600;, lambs, unchanged: Quality and sorts considered: good to choice, $7.65 and sparingly SB. throwouts. *6 50: drv-fed vearltpg wethers, *5.35: vearling ewes to country, *5.75, heavy ewes. sl.2s‘f 1.50. By United Press PITTSBURGH. June 15 Hogs -Receipts. 1,200; market, slow, about steadv: 170-300 lbs.. *4.30® 4.30: 210-230 lbs . 53.904.15; 240-300 lbs. *5.60ft3.85; pigs. *3.35® 3.75; packing sows, lower. $2.50 downward. Cattle—Receipts. 15; market, about steady; medium to good steers, quoted at *5.25ft 6 60: heifers. $4.35® 5 50; heef cows. $2.85',>4; medium to good brill*. $2.75®3.50; calves, receipts. 200: market, steady; good and choice vealers, ssft6: common to medium. $3.50@4 50. Sheep— Receipts. 800; market, steadv; good to choice lambs. $6 50®.7; common and good yearlings, [email protected]; better grade wethers, $2.50@3. By I.’nifrd Press CLEVELAND. June 15— Hogs— Receipts, 1.300: holdover none; 10@15c righer; 160230 lbs.. $4; 240-300 lbs. $3 65ft3.75 under 150 lbs . *3 50® 3.75; sows, $2 [email protected] Cat-tle-Receipts. 300; grain fed steers continuing steady: spots higher than Monday; erasers slow; common to medium steers. 1.100 lbs down. ss® 6; cows. $1.75®3.50 Calves— Receipts. 650: fully steady to $6 50 07; full to medium lightweight* also bulk over 200 lbs . ss@B. Sheep—Receipts, 500steady. lamb quality at s7® 7.50; choice scarce; medium. *6.50 down cull and common. *3.50®5 and above. By United Press FT. WAYNE. Ind.. June 15.—Hogs—Marsi St n*2 V; llKh ' h ' !hts ' *>• J 00. lights, *3 60® 3.75; mediums. $3 45® 3 60: heavies. S3 2503.45. roughs, *2 50; •tag*. *I.M: ealves. *6: ewe and wether lambi, SDftg.M bucks. *54*5.50. RAW SUGAR PRICES —Jung 14— High. Low Close. January 9i o i March 97 .95 96 Mav v 10$ 1.00 1.01 JIT 75 .73 .75 September 82 .go .8! Or era. per -90 .89
New York Stocks Bv Thomson A McKinnon 1
—June is— , Prev. Railroads— High Low. 11 00 close. Atchison . ... 2ir% 28% 29' 2 28% Atl Coast Line 14% Balt & Ohio ... 8% : Cheas *■ Ohio .. 12% 13 ’ 12% 12'. 1 Chesa Corp ..... 7% Can Par S’, 9 Chi N West 3 i C R I * P. 3S ... Del L * W ... 12 Del & Hudson 44 ' Erie 3% Great Northern 8% 8% Illinois Central 7 6' 2 ; Kan City 80 4S Lou <fc Nash 11 10S M K At T IS j Mo Pacific pfd 4 4 N Y Central 12S US 13 11% NY NH A- H 8 8 Nor Pacific ... B', 8% Pennsylvania ... 8% 8% 8S 8' Reading 10s So Pacific 9 Southern Ry .. 41, St Paul 1 St Paul pfd ... is Union Pacific .. 40S 39% 40% 39 W Maryland .. 2 2% Equipments— Am Steel Fd /$% 3% Gen Am lank.. US US US 12 General Elec ... 11 % 11 US 10S Lima Loco . . 10s Pullman 13% u US 12S Wcstingh Ar B ... .. 91 2 Westlngh Elec.. 33 S 23 23% 22S Rubbers— Firestone it Fisk 14 Goodyear s'* 8 Kelly Sprgfld a, 3, Lee RunVr ... 214 U S Ruvi/*ir .... ... 2-s 2S Motor*— Auburn 68% MV* 67% 65% Chrysler 7V* 8S 7 6% General Motors 9% 9V* 9S 9 Graham-Palge 1% 1% Hudson 314 33, Hupo is Mack 12 V, 12% Nash 9'j 91. Packard 2 it, Reo IS IS Studobaker ... 334 33, Yellow Truck is Motor Access— Bendix Aviation 6 5S 8 5S Bore Warner.. .. ... ... 4% Briggs 4 ! 2 4'i 4% 4% El Auto Lite 11 Haves Body % riouda iv, Murray Body 3S Snarks-W ... ... 1 % Stewart Warner 2% 2% Timkin Roll 11% Mining— Am Smelt 8% 8 B'* 8 Anaconda Coo,. 4'/* 4 4 4S Alaska Jun BVI B', BV, 8% Cal At Hecia 2% Cerro de Pascn 4S Freeport Texas US US Granby Corp 2’, Great Nor Ore 6% Int Nickel 4<4 454 Inspiration IS Kennrcott Cop ... 8 5% Nev Cons 2% 2S Noranda ... ... 12S Texas Gul Sul... 15 14% 15 15% Oils— Amerada 14'2 14 14S ... Atl Refining 10% 10V4 10S 10'2 Barnsdall 4 Houston 2 Sbd Oil 8 7S 8 7% Mid Conti 4S Ohio Oil 754 7 Pan-Amer tB-... BV, 7S 8 Phinips 3% 3% Prairie Pipe 8S Pure Oil 3% 3S Roval Dutch ... 15S 15 1 4 Shell Un 2S 2S Cons Oil 4S 4% 4S 4% Standard of Cal. .. ... 18 17% Standard of N J 25S 25V4 25V, 25S Soc Vac 7'* 8S 7', 8 7 , Texas Cos 10% 10 10% 10 Union Oil 9% Steels— Am Roll Mills 4% 4% Bethlehem 8% 8% 8% Bs,8 s , Byers A M 11% 10% 11 10% Ludlum ... 2 V, McKeesport Tin. 33 32 32% 32% Midland 2% Repub I At S 2% U S Steel 27% 27V* 27% 26% Vanadium 8% 8% 8% 7% Youngst S At W 5% Tobaecos— Am Tob lAt new 50% 49% 50 48 Am Tob (Bl new 54% 52% 53V, 51% Lig At Myers B . 43 42 43 41 Lorillard 12 11% 11% 11% Reynolds Tob .. 29% 29% 29% 29 United Cig % Utilities— Adams Exp ...... 2 Am For Pwr ... ... 2'l Am Pwr At Li.. 5% 5% 5% 5:14 ATAt T 87% 86% 86% 85% Col Gas At E 1... 7% 7 7% 7 Com At Sou 2% 2% Cons Gas 39 V, 38 38% - 37% El Pwr Ac Li 4% 4% Gen Gas A 3 Inti T At T .. 3% 3% 3% 3% Lou Gas At El 12% 13 Natl Pwr At Li.. 9% 9% 9% 9% No Amer Cos .. 19% 19 19% 19 Pac Gas At E 1... 22 21% 22 21% Pub Ser N J 36 35 35% 34% So Cal Ed 19’, 19% Std GA- El .... 18% 12 12% 11% United Coro ... 5' 4 5% 5% 5 Un Gas In" ... 13% 13% 13% 1314 Ut Pwr At L A 2% 3 West Union 14% 14% 14% 13a/, Shipping— Am fntl Corp.. .. .. 3% N Y Ship ; ... 2 United Fruit 14% 131% Foods— Am Sug 7% 16 Cal Pkg 5% 5% Can Dry 8 7Vi 8 Coca Cola 94% 93% 94% 93 Cont Baking A 3 Corn Prod 38% 31% 32% 31% Gen Foods 22% 22% 22% 23% Grand Union 4 3% Hershey 49% 49% Jewel Tea 18% ... Kroger 12% 12 Nat Biscuit 30% 29% 30’, 28% Natl Dairy 17% 17% 17% 17 Purity Bak 6% 6 6% 5% Pillsbury 13 Safeway St 39% 39% 39% 38% Stri Brands' .... 10% 10% 10% 10% Drugs— Coty Inc t 7,1% Drug Inc 29 % 29% 29% 29 Lambert Cos .... 35 34% 35 34 Industrials— Am Radiator 3% 3% Bush Term 4% 4% Gen Asphalt ... ... 5 Otis Elev 13 12' 3 13 12 Ulen % Indus Chems — Air Red 40% 40'3 40% 39% Allied Chem 54% 54% 54% 53 Com Solv 5% 5 5% 5 Dupont 28% 28 28% 27’/, Union Carb .... 18’, 18% 18% 17V, U S Ind Alco.. 18 17% 17% l% Retail Stores— Assoc Drv Gds 3% Kresge S S B’* 8% Mav D Store 10% Mont Ward ..... 5% s’s 5% 5Vi Penny J C 17% 17% 17’, 16% Sears Roe 14% 14’, 14% 14 : % Wool worth 27 ' 26% 26% 25% Amusements— Croslev Radio .... ... ... 3 Eastman Kod.. . 45% 43% 45 43% Fox Film A ~. ... 1% Gricsbv Oru % % Loews Inc 16% 16% Param Fam.... 2’, 2% 2% 2% Radio Corn 4% 3% 4 4 R-K-O 2% Warner Bros % Miscellaneous— Citv Ice At Fu 15% Proc. At Gam 27Vi 27% Allis Chat 6 6% Am Can 40 39 39’, 38% J I Case 26% 25% 28% 24%
THEY TILL ME
CHICAGO, June 15.—Contrary to all suppositions, the most popular man at the Republican national convention is not War Secretary Patrick Hurley or others of the G. O. P. bigwigs from Washington. but a Hoosier Democrat, Claude G. Bowers, now of New York. Wherever there is a crowd assembled and you burrow your way through it. you find the center of attraction is Bowers, who keynoted for the national Democratic show in 1928 at Houston and spoke at the Indiana Democratic dinner at Indianapolis two years ago. The outstanding political historian of the country is here writing a syndicated column of political comment and watching what little excitement can occur at a most uninteresting show. He told a group of newspaper men that the fourth volume of his political historical series, to be titled "The Progressive Era,” now is on the press and it is based upon 45,000 letters written and received by the late Senator Albert J. Beveridge of Indiana. The letters were given to Bowers by Mrs. Beveridge, to use as he saw fit. without restriction. If there ever was a man In & dilemma, it is Bowers. He has been asked by the managers of Governor Franklin D. Roosevelt to place his name in nomination for the presidency at the Democratic nomination two weeks hence. * Bowers, however, is employed by a syndicate decidedly unfriendly to the New York Governor and he was asking fellow newspaper men whether they believed it would comport with
Cont Can 22’, 22% 22% 22 Curtiss Wr ... 1 % Gillette S R 13% 13% 13% 12’a Gold Dust . 10'j 10’* Int Harv 15% 15 15% 15% Int Bus M 72% 71% Real Silk .. 3', Un A rest 9 8% 8% 8% Transamerlea 2’, 2’, 2’, 2% TRADE BALANCE DIPS V. S. Position Less Favorable Than Same Month a Year Ago. By United /’res* WASHINGTON, June 15.—The United States had a favorable trade balance of $20,000,000 during May, as compared with $24,276,000 in the corresponding month a year ago, the commerce department announced today. Exports during May totaled $132,000,000, while imports amounteed to *112,000.000.. Exports for the first five months of 1932 amounted to $726,428,000, as compared with $1,128,890,000 for the corresponding period last year. The excess of gold exports over imports for May amounted to $185,514,000. COURT BARS GAS ORDER Temporary Restraining Ruling Handed Down In Logansport Case. Restraining order against enforcement of a public service commission order reducing gas rates in Logansport of the Northern Indiana Public Service Company was issued Tuesday by Federal Judge Thomas W. Slick at South Bend, the state board was informed today. The temporary order, hearing on permanency of which will be held June 21. caused a revenue loss of $22,600 to the utility by reducing the minimum from $1.55 to $1.25, according to a petition filed Tuesday before Slick. The reduction order was issued by the commission May 20. A. Z. A. ORDER ELECTS Jack Pozner Named President of B’nai B’rith Group. Jack Pozner was elected president of the A. Z. A., junior order of B’nai B’rith, at the annual election Tuesday night at Kirshbaum Center. Edgar Klain was named vice-president, and Herman Burnstein was re-elected secretary. Charles Caplin was named treasurer; Sigmund Regenstreif, sergeant-at-arms; Jack Toobin, lodge reporter; and Marcus Rubin, retiring president, chaplain. The officers will be installed at an ‘'open-house” meeting June 23 at the Kirshbaum. In the Air Weather conditions at 9 a. m.: East wind, 3 miles an hour; temperature, 72; barcmetric pressure, 29.84 at sea level; ceiling, high, broken, lower scattered clouds, unlimited; visibility,, twelve miles; field, good. Purdue to Teach Flying By Times Special LAFAYETTE, Ind., June 15. Eight weeks of ground work and flying will be offered advanced enineering students, according to announcement made here today by Captain Geore W. Haskins, professor of aeronautical engineering at Purdue university. The course will begin June 16 and close Aug. 13, coinciding with dates of the Purdue summer session. The course is open to engineering students who have completed three years of their course ot have taken the applied mechanics work. It will cover practical flying and laboratory studies. The laboratory tests will include problems in which the student is required to make flight observations and computations from which calculations may be made on the performance, stability, etc., of t plane. University credit will be granted for successful completion of the course, which will be given at Shambaugh airport, a well-equipped landing field at Lafayette. Talks on War Games An illustrated lecture on the navy war games in the Panama canal zone during the winter of 1931 was delivered by Ensign William B. F. Hall of Ft. Wayne, United States naval reserve, at the monthly meeting of the Hoosicr Flying Club at the Hoosier irport Tuesday night. Two hundred persons attended the lecture. NEW YORK COFFEE RANGE —June 14— High. Low. Close. September 6.23 6.22 6.24 December 6.17 6.13 6.17
the proprieties from him to make the nomination. He was interested greatly, yet deprecated the report that many prominent Indiana leaders are suggesting him as a favorite son candidate for the vice-presidential nomination. m * a If Bowers is the most popular man, Lawrence Richey, confidential secretary to President Hoover, is the most mysterious and feared man by the Republican leaders here. No national convention can be termed such unless it has its man of mystery and its smoke-filled room. And Richey is the big question mark and his offices constitute the smokehouse. Past secret service operative, swarthy, stocky and tight lipped, his goings and comings are shrouded by an aura of secrecy. His suite on the mezzanine floor of the Congress hotel, where national headquarters are located, is unmarked except for the ominous sign "Private” tacked on one door. Two door men always on duty insure the privacy he desires. Inside is a telephone, in unbroken connection with the White House, and a radio and loud speaker fully installed and tuned in on the Chicago Stadium, where the convention is being held. From early morning and almost all through the night, the dozen or more intimates of the President sent here to safeguard his interests sit about and blow smoke rings at the ceiling while they plan stratagems and secret moves. And most of the talk, they tell me, revolves around prohibition.
THE INDIANAPOLIS TIMES ’.
BRISK DEMAND SENDS PORKER PRICESJIGHER Beef Steers Strong to 25 Cents Up; Sheep Trade Steady. Hogs moved up 5 points to 15 cents this morning at the city yards on brisk demand and average receipts. The bulk, 100 to 350 pounds, sold for $3.45 to $3.75; early top holding at $3.75. Receipts were es- | timated at 5,500. Holdovers were 172. Trading generally was active in the cattle market, beef steers and heifers strong to 25 cents higher. Receipts were 800. Vealers were 50 cents lower at $6 down. Calf receipts were 500. Considering quality of offerings sheep and lambs were steady. Ewe and wether lambs sold mostly at $7 to $7.50, bucks $1 less. Receipts were 1,200. Asking on hogs at Chicago this morning continued on the upward side, around 5 to 10 cents higher | than Tuesday's average. Bidding held fully steady. The bulk. 190 to 210 pounds, was bid at $3.70; best kinds held above $3.80, while porki ers scaling 250 to 260 pounds sold lat $3.60. Receipts were estimated !at 17.000. including 5.000 direct; holdovers 5,000. Cattle receipts 6.000; calves 2.000; market steady. Sheep receipts 9,000; market steady. HOGS June . .Bulk Receipts 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 15. 3.45® 3.75 3.75 5,500 Receipts, 5,500; market, higher. (140-160) Good and choice...? 3.65@ 3.75 —Light Lights—--1160-180101 Good and choice... 3.75 —Light Weights—- [ (180-2001 Good and choice 3.75 1200-2201 Good and choice... 3.70® 3.75 —Medium Weights—-(22o-250) Good and choice... 3.654T3.70 (250-290) Medium and good.. 3.55® 3.60 —Heavy Weights—-(29o-350) Good and choice... 3.45@ 3.55 —Packing Sows—-t3so-500i—Medium and good.. 2.25® 3.00 (100-13CVi Slaughter pigs 3.50 CATTLE Receipts. 800; market, steady. Good and choice $5.75® 7.50 Common and medium 3.75@ 5.75 (1.000-1,8001 Good and choice 6 00® 7.75 Common and medium 4.75® 6.00 —Heifers— Good and choice 5.25® 650 Common and medium 3.50® 5.25 —Cows— Good and choice 3 50® 4.50 Medium [email protected] Cull and common 1.50@ 2.75 Bulls (yearling* excluuded)— Good and choice beefs 3.00® 3.75 Cutter common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 500; market, lower. . —Vealers— Good and choice $ 5.50® 8.00 Medium , 4.00® 5.50 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 Common and medium 3.25® 4.50 1600-1,500) Good and choice 4.50® 6.60 Common and medium 3.25® 4.50 SHEEP AND LAMBS Receipts, 1,200; market, steady. 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 CHICAGO. June 15.—Hogs—Receipts 17,000. including 5,000 direct; strong to 5c higher: packing sows, s®loc up; 180-220 lbs.. [email protected]; top. $3.80: 230-260 lbs., 53.55®3.70; 270-320 lbs., $3.40® 3.55; 140-160 lbs.. [email protected]: pigs, S3(O 3.40; packing sows, $2.80®3.15; light, lights, 140-160 lbs.. ?ood and choice, [email protected]; light weight 60-250 lbs., good and choice, $3.45ft3.30; medium weights. 250-350 lbs., good and choice $3.30®3.65; packing sows, 275-500 lbs., medium and good. $2.80®3.20; slaughter pigs, 100-130 lbs., good and choice, s3® 3.40. Cattle—Receipts, 6,000; calves, 2,000; fed steers and vearlings 15® 25c higher, active at advance; largely shipper market on better grade steers and long yearlings: top $7.65 on weighty steers, $7.50 on yearlings; dry lot cows and butcher heifers firm to higher: grassy kinds slow, steady; slaughter cattle and vealers. steers. 600-900 lbs., good and choice $6.50 @7.75; 900-1100 lbs., good and choice. $6.50 @7.75; 1100-1300 lbs., good and choice, [email protected]; 1300-1500 lbs., good and choice $6.75®7.75; 600-1300 lbs., common and medium. [email protected]; heifers 550-850 lbs., good and choice. [email protected]; common and medium, [email protected]; cows, good and choice, s3® 5; common and medium. $2.50@3: low cutter and cutter [email protected]; bulls (yearlings excluded! good and choice (beeft, [email protected]; cutter to medium, $2.25®3.10: vealers imtlk fed) good and choice.‘ss.so @6.25; medium [email protected]; cull and common. $3.50ft5; stocker and feeder cattle, steers 500-1050 lbs., good and choice [email protected]; common and medium. $3.75®5. Sheep— Receipts. 9.000; slow but fully steady; good to choice native ewe and wether lambs, [email protected]; few. $7; best held higher; throwouts around $4.50: yearlings, $3.50 @5: slaughter sheep and lambs, lambs, 90 lbs. down, good and choice. $6.25®7.10; medium [email protected]; all weights common [email protected]: ewes 90-150 lbs., medium to choice, sl(7 2.25; all weights cull and common, 50c @1.75. By United Press CINCINNATI. O. June 15.—Hogs—Receipts, 3,300 Including 244 direct; heldover, none: very little done; few sales. s@lsc higher, including some 160-225 lbs., at $3.90. most these firmly held at $4. some 230-265 lbs.. [email protected]: 300 lbs. downward to $3.60. with some heavier weights at $3.50; bidding $3.40 on 130-150 lbs.: sows mostly steady to strong, bulk $2.50; few light weights upward to $2.65 or better. Cattle—Receipts. 1.100; calves, receipts. 450; generally steady with some weakness on grassy beef cows, salable supply light, common and medium steers. $4.50® 5.(5. including one load steers at $5.50; few better finished yearlings. $5.75® 6.25; beef cows, mostly $3®3.50; low cutters and cutters. *lso® 2.50; bulls. s2.soft 3; few $3.25: vealers active, steady to strong, sorting less severe, good and choice, $5.50@6; mostly few heavy weights. $5; grades $5 down. Sheep—Receipts, 6.0OO: practically nothing done early, indications fully steady; better grade lambs. Quotable. $,.50® 7.75 mostlv; some held higher; sheep steady, fat ewes, sl@2. By United Press 1 Inc *- ' Tune 15-—Hogs—Mar--15c higher: 160-210 lbs., $3.50; 210225 lb A' 225-0 lbs.. $3.40; 250-275 lbs., $3.35; 275-300 lbs.. S3®3 25; 140-160 lbs.. $3.30; 120-140 lbs.. $3.15'; 100-120 lb*.. $3; roughs. $2.65 down; top calves, $5; top lambs, $6.50. >* , v By T nited Press TOLEDO. June 15.—Hogs— Receipts. 350; 10c hl ß her: heavy Yorkers. $3.70® 3,80; mixed $3.406,3.70; bulk, $3.50®3 80; P ! ,£_ s - *s® 3.2d: lights. 53®3.25; roughs. s2® 2.2a. Cattle—Receipts. 50; market, stead’-'. Calves—Receipts, fight: market, strong steady and lan,bs_Rece P ts . light; market. By United Press , ST. LOUIS. 111.. June 15—Hogs—Receipts. 8000: market, strong to 10c higher‘Of- *3.55: most 150-225 lbs.. [email protected]; 220*260 lbs.. $2.35®3.50: 260-280 "" lbs *3.25® 3.35; 100-140 lbs.. *3® 3.45: sows $2.50® 2.75. Cattle—Recei- . 2,000; calves recehjts. 1.000. market. tiing generally steady with best mixea yearlings and heifers, strong: vealers higher at $6 no steer sales early: mixed and heifers. $4.75® 6: top. $6.75; cows. [email protected]; low cutt ters $1.3561.75; ton sausage bulls $2 75 Sheep—Receipts. 3,008: market, steadv-’ packers talking lower; few closely sorted choice to prime lambs. [email protected]. By Times Special LOUISVILLE June IS —Cattle—Receipts. 125. steadv; bulk common and medium grass steers and heifers. *[email protected] better finished kinds salable to $6 or better; beef cows and bulls mostly $3 down; low cutters and cuttsrs. $162 25nght Stockers mostly S4@s. Calves Receipts. 300. steady: good and cnoice. s4ft 5: medium and throwouts. $3 50 down Hogs—Receipts. 800 : 5c higher 170-220 lbs $3 70; 225-255 lbs., $3.40 280-295 SS_OS: 300 lbs. up, $2.55: 140-165 lbs.. S3 10 : 135 lbs. down. $2.70: sows, sl.ss®j 3o : stags $1 30. Sheep—Receipts, 3.000; niarf ket fairly active and fully steadv with Tuesday's advance; bulk better lamb* $7 @7.25; several decks choice. $7.50@7 73buck* mainlv s6® 6.25: medium and immature lambs. $566.50; throwouts. s4® 4.50: fat ewes. *l®l. Tuesday's shipments: 30 cattle; 232 calm, and 3,119 *hee p.
BELIEVE IT or NOT
SAW ACTIVE SERWCE ltd THE REGULAR AR-My, BnßjjAflKT/ OS. volunteers, and the marine corps ' A Jr The, Midget mystery car kenoza /ake uv' *** \ c ** attain a speed of f3O Miles an hour > ' Outrsecl &nd dn*er by Kenneth Morehouse m m 1- " *!** if,- r FeMf**-S(*dw®r.W>rv<.>rt BHltn fljMsmerwl
Dow-Jones Summary
Standard Gas and Electric Company in twelve months ended March 31 earned $3.04 a common share, against $5.66 in previous twelve months. New York Central loading* in week ended June 11 were 34,443 car*, against 30,009 in previous week and 51,643 in like 1931 week. American Maize Products Company declared the regular quarterly dividend of 25 cents on common stock, payable June 30, of record June 22. Simmons Company sales in May amounted to $1,361,803, against $2,482,802 in May, 1932; five months' sales totaled $6,184,019, against $10,498,692. Ogilvie Flour Mills Cos., Ltd., declared the regular quarterly dividend of $2 on common stock, payable July 2, of record June 21. National Biscuit declared the regular quarterly dividend of 75 cents on common stock. Paraffin Companies. Inc., omit dividend on capital stock: in March paid 50 cents a share, in December 75 cents, prior to which stock was on $4 annual basis. Hartford Fire Insurance Company declared the regular quarterly dividend of 50 cents, payable July 1, of record June 15. Spencer Trask Fund. Inc., declared the regular quarterly dividend of 25 cents, payable June 30, of record June 15. Net asset value of National Bond and Share Corporation as of May 31. was $29.75 a share on 189.300 shares then outstanding after providing for dividend of 25 cents payable today. Home Title Insurance Company declared the regular quarterly dividend of 37% cents, payable June 30, of record June 25. Gasoline stocks dnring grgtv ended June 11, declined 336,000 baffvels to 43,911,000 barrels; domestic crude nil output during week average 2,183,450 barrels dally, an average of 2,200 barrels over previons week. Market Street Railway in twelve months ended May 31, reported net after ordinary taxes at $1,142,554 before interest, depreciation and federal taxes, against $1,340,277 in previous twelve months. NAB TWO AS VAGRANTS Men Accused of Creating Disturbance at Trustee’s Office. Two men accused of creating a disturbance today at the office of Mrs. Hannah A. Noone, Center township trustee, 119 North East street, were arrested today. They are Wilbur Wilson, 8 Poplar street, charged with vagrancy, disorderly conduct and resisting an officer, and James Freeman, 60314 South Capitol avenue, charged with disorderly conduct and vagrancy. Births Boy* Oliver and Marjorie Teague, 615 East Twenty-fifth. French and Anna McGurnick, 153 Bundy place. Leonard and Gladys Manuel. 1753 South Keystone. William and Stella Whitlow, 428 West Abbott. Adolph and Petronella Neuhausel, 2003 East Maryland. Grover and Lola Johnson. 834 Wyoming. George and Thelma Young, 1655 Roosevelt. Norven and Lula Petty, 113 South Oriental. Robert and Vitalis Rice, 3104 East Twen-ty-fifth. Oliver and Anna Balx, 1940 West Vermont. Samuel and Mary Bishop, Coleman hospital. Frank and Helen Stone, Coleman hospital. Girl* Julius and Geraldine Hasting. 1143 North West. Charles and Flora Wilson, 33 South Addison. Stanley and Florence Lyle, 825 South Warman. Elmer and Minnie Davis. 955 West Twenty-eighth. Oris and Mary Jeffries. 220 South State. John and Mary Hosking, 448 West Fifteenth. Lawrence and Mary Clelland, 2115 East Twelfth. Emery and Edith ’ Lines, 937 North Alabama. Moss and Effie Whitney, 860 West Torbett. Harold and Beatrice Chambers, 2925 Caroline. Floyd and Catherine Burgess, 2937 Phipps. ’ Smith and Lillie Johnson, 1312 West TwenLy-flfth. Benjamin and Dorothy Lee, 56 South Mount. Joseph and Elsie Carrol, 664 Birch. Herbert and Mary Lee. 4066 Byram. Elmer and Helen Martin, 5027 North Sheldon. Frank and Edna McCullough, 855 Udell. Vernon and Aletha Taylor. 1734 Ludlow Homer and Thelma Brown. Coleman hospital. George and Floria Megorden. Coleman hospital. Deaths ALbert T. Zins, 48, city hospital, cerebral hemorrhage. Elizabeth Heoel, 49, 1227 College, cerebral hemorrhage. Jennie Bechtel. 82, city hospital, cerebral hemorrhage. Thomas Browne. 45. Central Indiana hospital, general paralysis. laa Mae Griffith, 71, Long hospital, myocarditia. William J. Madden. 60. 1866 Dexter, acute cardiac dilatation. Henry C. Renner, 56. 744 Union, carcinoma. Alma Grumaon Rasmussen, 44, 1051 Eugene, chronic myocarditis.
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
All items in Ripley's "Believe It or Not” Tuesday were self-ex-planatory. THURSDAY—The Birthmark of Aces.
The City in Brief
THURSDAY EVENTS Engineering Society, luncheon, Board of Trade. Advertising Club, luncheon, Columbia Club. American Business Club, luncheon, Columbia Club. Real Estate Board, luncheon, Washington. Acacia, luncheon. Harrison. Sigma Nil, luncheon. Washington. Marion County Bank Auditors, dinner, 6:30, Washington. Plumbing fixtures valued at S2OO were removed by thieves Tuesday night from a vacant house at Grunda avenue and West Michigan street, Benjamin H. Green, 452 Arthur street, owner, reported to police. Following ransacking of a pharmacy at 4620 East Michigan strait early today, when loot valued at SSO was obtained. Charles Adams, 34, of 611 North Delaware street, was arrested by police on a vagrancy charge, and was to be questioned in connection with the crime. “Poor Man's Friend" was the label placed on Herbert Hoover by Henry M. Dowling, Indianapolis attorney, in a talk before the Universal Club's Republican day luncheon at the Columbia Club Tuesday. Plans for playing host to the twenty-fourth annual convention of the Vegetable Growers’ Association of America, Inc., have been made by the Indianapolis association. The convention will be held Aug. 15 to 19 in the Claypool. Dramatic Club of Exeter Avenue Baptist church will give a play, “Old-Fashioned Mother," for benefit of the Indianapolis White Shrine Thursday night in Castle hall. “Advantages of Home Rule” will be discussed by Ward B. Hiner, Liberty party candidate for Governor, at a mass meeting tonight in the English. "What’s the Matter With the Dollar,” will be the topic of an address by R. G. Thomas of the Purdue university economics department, in an address at a luncheon of the Indianapolis Real Estate Board Thursday in the Washington. Romona Grove No. 63. Supreme Forest Woodmen circle, will hold an all day picnic Thursday in Garfield park, with Mrs. Addie Braly, district manager, as honor guest. Willa Mae Pinkston, 7 months old, was treated at city hospital Tuesday night after swallowing contents of a bottle of toothache remedy at her home, rear of 739 South j East street The mother, Mrs. Mamie Pinkston, reported the acci- ! dent to police. Condition of the j child is not serious. Election of a junior vice-president will be held by the Joseph R. Gor- | don relief corp. No. 43, at a meet- , ing Friday afternoon at 512 North ‘ Illinois street. * Tenth Ward Republican Club will i hold a card party Saturday night j at 2507 English avenue. Theft of merchandise valued at | $55 from a Hook pharmacy at Massachusetts avenue and Noble street was reported to police today. Loot included two electric fans, two alarm clocks and three cameras. Series of institutes for Sunday school teachers will be held each Thursday afternoon at 2. beginning this week, in the auditorium of the Wheeler City Rescue Mission. The institutes will continue indefinitely. International Sunday school lessons will be used. Mrs. John Rader will be in charge. Arraigned before United States Commissioner Fae W. Patrick. Ed Coffin, alleged Marion county bootlegger, waived hearing and was held to the federal grand jury. Plumbing Permits Joe J. Canning. 602 North CtDltol. The Witbke Comnanv. 6169 Primrose. C. Carlisle. 706 NorthJ|Warnan Tom Mulrv. 3* East Piftv-second. James A. McHaffev. 7U East Pbrty-iec-L A,
RY Reelstereg C. S. JLP JL Patent Offica RIPLEY
Bright Spots of Business
By United Pres* NEW YORK. June 15.—Crude rubber consumption by American manufacturers during May amounted to 29,197 long tons, against 25,953 tons in April, a gain of 12.5 per cent., the Rubber Manufacturers Association reported. WINDSOR. Ontario—Ford Motor Company of Canada, Ltd., increased its pay roll as a result of merchandising agreement with Ford Motor of England. NEW YORK—"Job Insurance” for present employe* and prospect for future addition* to pay roll were announced by Standard Oil of New Jersey in adoption of forty-hour week, effective July 1. MIAMI BEACH, Fla.—Building permits issued here in the first four months of the year were valued at. *512.450. against $452,852 in the corresponding period of 1931. NEW YORK—The first Improvement in the sugar industry in more than five years was seen by Willett & Gray, sugar statisticians. in the fact that, current production is under the rate of consumption.
Produce Markets
Delivered m 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 un. 13c; cocks and stags. 4c; leghorn cocks. 3c. Ducks, large white, full feathered and fat. 7c; small. sc. Geese, full ,lathered and fat. sc. Young and old guineas. 15c. Eggs. No. 1 current receipts. B%c. Duck eggs. sc. Loss off for rots, blond rings and mashed. Butter—21ft22c: under grades. 18® 19c. Butterfat —lsc. These prices for healthy Btocx free from feed. Bv the Wadley Company. By United Press NEW YORK. June 15.—Potatoes—Market. firm; southern [email protected] per barrel; Bermuda. $5.50®6 per barrel; Maine, $1.20® 1.60 per barrel: Canada. $1.10®2®5 per barrel. Sweet, Potatoes—Market, dull; Jersey baskets, [email protected]; southern baskets, 50c(ffi$l. Flour—Market, easy; sprint: patents. [email protected]. Pork—Market, quiet: mess, $17.25. Lard—Market, dull; middle west spot. $4.10® 4.20 per 100 lbs. TallowMarket, quiet; special to extra. 1%®2%c. Dressed poultry—Market, steady: turkeys. ll®‘2oc; chickens. 14ft 27c: broilers. 15ft 30c; fowls, B<frl9c; Long Island ducks, 12 (a 15c Liye pouUry—Market, irregular: geese, 7ft 12c; ducks, B@l6c; fowls. 10ft 17c: turkeys 10W20c: roosters. lOftllc; chickens pullets 22ft 28c: broilers, 12ft 26c. Cheese —Market, quiet; state whole milk, fancy to specials. loft2oc: Young Americas, lift hi Butter—Market,- easy; receipts'. 19,733 packages; creamery, extras. 17c special marks, 17%ft 18r. Eggs—Market steady to firm: receipts, 33.746 cases; near- • specials, 18 , 2^21 , /2c; standards, ? medium 14ft 15%c, rehandled 14%ft14%c; Pacific coasts. 18%ft24%c browns, 16®,24c. ' By United Press r I5 -~ e SRS —Market, easy; receipts 14.766 cases: extra firsts. 13® 3/ ? c; firsts, 12',®12%c; current receipts, n’tc; seconds. Bqtter—Market, unsettled: receipts iT.924 tubs: extras 16%c; extra firsts. 15%@t6c: firsts, 15® la ic; seconds. 12®14c1 standards, 16' c. Poultry—Market, weak: receipts, 38 trucksfowls, 12®j12%c; Leghorl-, c: ducks. Bft 10c; 8c: broilers. 14®20c; Leghorn broilers. 12ft 12’jc; stags. 11c. Cheese—Twins, 9%ft 10c; Young Americas. 10%@10%c. Potatoes —On track 236; arrivals. 88. shipments. 680; market about steady to slightly stronger: Wisconsin Round Whites. 65ft 80c; Idaho Russets. *1 25C1.40; Southern Bliss Triumphs, $1.5001.60. By United Press CINCINNATI. 0.. June 15.—Butter; Packing stock No. 2 9c: No. 3.7 c: butter! fat. lift 13c. Eggs—Steadv: cases included: extra firsts. 13c; seconds. 106 c: nearbv ungraded. 12c. Live poultry—Fowls. 5 lbs, and under 13c: 4 lbs. and over 12c: 3 lbs. and over, lie; Leghorn. 3 lbs., and over, 9%c: roosters. 7e: colored broilers one ib. and over. 15c: 1% lbs. and over. 16c: 2 lbs. and over. 18c: fryers. 3 lbs. and over 22c; Dartlv feathered, 12®T4c: Leghorn partly feathered. 12@14c: Leghorn broilers. 1 lb and over. 14c: 1% lbs. and over. 15c: 2 lbs. and over. 15c: black soringers. 12c: ducks, under 3 lbs. sell at liberal concessions: ducks white, 4 lbs. and over. 6c; under 4 lbs.. sc: colored. 4 lbs. and over. 6c: under 4 lbs.. sc: spring ducks whit*. 4 lbs. and over. 10c: under 4 lbs.. 8c: colored 4 lbs and over. 10c: under 4 lbs., Sc: turkeys No. 1 hen*. 8 lbs. and over. 13c: young Toms No. 1. 10 lbs. and over. 13c. i By t nited Press CLEVELAND. June 15.—Butter—Market, unsettled: extras. 20%c: standard*. 20%c. FggA—Market, steadv: firsts. 13c; current receipts. 12%c. Poultry—Market, steadv: fowls. 12® 13c: medium fowls 13ft 14c; Leghorn fowls. 10ftl2c: heavv broilers. 20® 22c: Leghorn broilers 12915 c: ducks. 10 @l2c: old cocks Bft 10c: geese. 7®Br Potatoes—Maine Green Mt. mostlv *1 ner 100-lb. sack: Idaho Russet. *1.60; few higher. per 100-lb. sack.
In the Cotton Markets
CHICAGO —June 14— High. Low. Close January 5 70 5 56 5.63 March 5 36 5.71 5 82 Julv 5.28 5 13 5 20 October '5 50 5.34 5.43 Oecember ........ 5.60 5.48 5.58 NEW YORK January 5 62 5.54 5.57 March 5.78 5 69 5 73 Mav 5 92 5 33 5 87 July 5.17 5 02 5.11 October 5 4! 5 30 8.35 December 5.55 5.54 5.54 NEW ORLEANS January 5 58 5 49 5 53 March 5 71 5 63 5.69 May 5 88 5.79 5 84 July 5 18 5 06 5 13 October 5 37 5 24 5.32 1 December 5.52 5.39 5.46
PAGE 11
STRONG BUYING WAVE FORGES WHEATUPWARO Oversold Condition Seen as Shorts Rush to Cover. BY HAROLD E, RAIWTLLE United Press Steff Correspondent CHICAGO. June 15.—Aggressive buying of wheat snapped the market out of its decline on the Board of Trade today and revealed an oversold market. Short* covered actively and eastern interests were credited with being on the buying side, running prices up around 2 cents from the early low and recovering practically all of the week’s decline. Feeling became less bearish. Strength in stocks also was a factor. Com showed a firm undertone throughout with July leading a sharp advance. Oats and rye followed the major grains and recovered early losses, rye showing the better strength. Close Is Strong At the close wheat was 1% to l J i cents higher, corn was 3 * to 1% cents higher, oats % to \ cent higher and rye 1% to l'= cents higher. Provisions were firmer with grains and stocks. Liverpool rallied near the close and finished to \ cent higher. The trade was of the opinion that the morning upturn was -due to an oversold position that was being corrected. The best levels were not maintained. Cash prices were 1 to l 1:: cents higher. Receipts were 10 cars. Corn Moves Up Com made a good advance on the strength in wheat and sale of 45.000 bushels out of Chicago for export. This is the first direct export business from Chicago in some time. Prices were V t to % cent higher at mid-session. Cash prices were % to ;, 4 cent higher. Receipts were 24 cars. Oats and rye rallied with wheat and corn, partaking of the strength in the other pits. Oats was % to ' 2 cent higher and rye to % cent up at mid-morning. Trade was light and for the most part featureless. Cash oats was % to 3 l cent higher. Receipts were 25 cars. Chipago Grain Range 1 WHEAT— ~ JUne ID ~ Plev , . High. Low. 11:00. clos*! July 40’, .48% .49'j 49 Sept 52', .51% .52 .51% 4 1 0 .54% .54% CORN— Jut.V 30', .29% .30'* .29% Sert 32 .31% .31% .31% Dec 32% .32 1 2 .32% .32% OATS— July 28% .20 .20 1 4 .20 SfP* 20% .20% .20% .30% Dpc .22', RYE— Julv 30% 10 Sept 33'* .32% .33' , .32% Dec 36% .36 .36% .36’, LARD— £ u >y 3.87 3.87 Sept 397 3.97 ° ct 4.00 4.00 By Times Special CHICAGO. June 15— Carlots: Wheat 4: corn. 11; oats, 15; rye. 0. and barley, 0. By Times Special H- Primary receipts: Wheat. 300,000 against 635.000: corn 111 - 222 •■ , 29.000; oats. 92.000 against 222.0080. Shipments: Wheat. 358.000 against 1.324,00°: corn 378.000 against 3f7,000; oats iI.OOO against 190.000. * By United Press v h^, I t CA v ,o 'i Ju !? e —Cash grain close: m No ' i 1 rpd ,-, no actual sales reported. Corn-No 1 veiiow. 31%@31%c. : No. 2 No. 1 white. 31 %c. Oats—No. 2 white. 21%@21%c; No. 3 white. 23 , i®.24V 1 c. Rve—No sales Bars9 V 25®U.35 C : Tlm ° thV Clover - By United Press c June 14.—Cash grain close: Gr *’ n >n elevators transit billing: Wheat, -No. 2 red. 49%ft50%c. Corn—No 2 ve low. 33@34c. Oats-No. 2 white. 23%ft 24%c. Rye—No. 2. 37%®38%c Tract ft r 44l s ’r- 2 v 2C i rat !.' Wheat—No. 2 red. 44 No. 1 red 1 cent premium: No. 3 red %@3c discount; No. 4 red. 2%®S4c discount. Corn—No. 2 yellow. 29@29%c No- 3 vellow. 28@28%r. Oats—No. 2 while No. 3 white. 19%@21c. Clover —Prime. $9. Alsike—Cash. $8.75. Butter TTr a io„ creamery 22c. Eggs—Extras. 11(2(0 12c. Hay—Timothy ner cwt.. 80c.
Cash Grain
—June 14— The bids for car lots of grain at the call o: the Indianapolis Board of Trade f o. b.. shinning point, basis 41%c New York Rate, were: Wheat- Weak: No. 1 red. 39@40c: No J hard. 38ft>39c. Corn—Steadv: No. 2 white 234724 c: No 3 white. 22ft 23c: No. 2 vellow 22®23r; No- 3 vellow 21ft22c: No. 2 mixed. 21@ 22c. No 3 mixed. 20ft23c. Oats—Steadv: No. 2 white. 16%®.i7%c: No. 3 white. 15%@16%c. . P av %sV' a(lv: o- b. countrv noints taking 23%c or less rate* to Cincinnati or Louisville.) No. 1 timothy. [email protected]; No. 2 timothy. s6® 6.50. Wheat—No. 2 red. 1 car. Total. 2 car*.
Local Wagon Wheat
Citv grain elevators are paving 37c for wheat 2 wheat and 37c lor No - 2 hard
Net Changes
B;/ United Preaa NEW \ORK, June 14.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Allied Chemical 53 V?, ofr * American Can ’ 301. £ '*• American Smelting 3 a* American Telephone ... . mk ■. Atchison 28 1 2 Auburn 4 i;; Bethlehem Steei " oa. L. 1 Case * 24% 1* Chesapeake k Ohio lunch./ 121. Consolidated Gas 37-, "i. *" Consolidated Oil ' as, 1* •'* Du Pont 27’/ £ *'* General electric tn£ 1 4 *’* General Motors lunch 1 3 "* International Telephone 3% Lorillard 11% £ Montgomery Ward 5% 1 **• N. Y. Central i?a? £ ••• North American 19 1 * Pennsylvania ” 91: % Public Service 34% i.c ••• Sears Roebuck ' 14s. 'V Standard Gas ’’ 111, j” " Standard Oil N J 25% 3.4 Texas Corp lunch.) 10 Union Carbide 17% 'ii *'• u 8. Steel ;; 20% a" Western Union 13% 1* *•* j ::: ‘CUT IT SHQRT7SAYS AU Smith “Hate* Chicago Heat,” Wants Only Two-Day Convention. By United Prtt* NEW YORK, June 15.—Former Governor Alfred E. Smith, candidate for the Democratic presidential nomination, today said he hoped the Democratic convention in Chicago wuold last no longer than two days. ‘T hate to be in Chicago when it's hot,” he said.
Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 129 S. Market Lincoln 9375 Lincoln t!*7
