Indianapolis Times, Volume 44, Number 39, Indianapolis, Marion County, 25 June 1932 — Page 10

PAGE 10

STOCK MARKET SLUMPS AFTER EARLY UPTURN Prospects of Huge Federal Bond Issue Offsets Bull News.

Average Stock Prices

Average of thirty Industrials for Thursday 46 83. up .58 Average of twenty rails 15.80, ofT .01 Average of twenty utilities 18.15. up .32. Average of forty bonds 70 52, off .23. BV ELMER C. WALZER linited Press Financial Editor NEW YORK. June 24.—Fear that congress would pass a relief bill requiring a huge government loan, together with banking difficulties in Chicago, offset the favorable effects of a cut in the New York reserve rediscount rate and brought the stock market down 1 to 4 points today. According to preliminary calculations the Dow-Jones & Cos. industrial average stood at .84, off 1.99 points; rail average at 14.92, off .98 point, and utility average at 17.32, off .85 point. Sales totaled 800,000 shares, compared with 500,000 shares Thursday. Aggregate market value of ten leading stocks was $3,849,597,284, against $4,012,483,667 Thursday, a decline of $162,886,383. Leaders Hit New Lows A long list of leading stocks broke into new low ground for the bear market, including Steel common at 23’j, off Ik; Steel preferred 56, off 3 7 5; Allied Chemical 45%, off 2y 4 ; American Can 30%, off 2U; American Telephone 77%, off 2%; Atchison 22%, off 3%; Continental Can 18%, off 1%; International Harvester 12%. off %. Auburn Automobile crashed nearly 10 points on selling that was said to be coming from Chicago, where three banks closed today following suspension of thirty-one others in the last month. The Chicago banking situation was reflected in an increase of $38,000,000 in money in circulation in the last week, indicating increased hoarding. Losses of 2 to 3 points were noted in such issues as Westinghouse Electric, Care, Du Pont, Coca Cola, Union Pacific and several others. Selling continued to the close. Sugar Moves Higher Commodity markets did not fare as badly as stocks and bonds, the latter being depressed all day except the United States list. United States bonds were strong in the early trading, bolstered up by easy money prospects. Liberty 3 Vis made anew high for the year. All grains closed fractionally lower; cotton was about steady; rubber made new lows. The one bright spot of the day was the sugar market where the bull market was nearing the end of its third week. Sugar futures rose to new highs for the year, the July position touching 88.100ths cent a pound, against a recent low of 57.100th5. Impetus for this market was the decision of the Cuban sugar institute to hold 800,000 tons of sugar from export to the United States. Gold Supply Rises Despite the behavior of the markets, Wall Street saw much that was favored in the day's news, indications the federal reserve system was pushing Its easy money policy was considered a good omen in the fight for economic recovery. Lowering the New York bank rate was expected to attract money to the interior, where it is needed at this time. This week's federal reserve report showed rise of $8,000,000 in monetary gold, the first increase in more than two months. Brokers’ loans declined $43,000,000, reflecting the low ebb of speculative activity in the market in the last week, when volume was back to 1924 levels.

Bank Clearings

INDIANAPOLIS STATEMENT —June 24 Clearings $1,560,000.00 Oebits 4.003.000 00 TREASURY STATEMENT - June 24 Net balance for June 22 $618,495,606.84 Expenditures 7,139.417.97 Customs recta, mo. to date. . 12,478,078.98

Foreign Exchange

(By Thomson Si McKinnon) —June 24Open. Close. Sterling. England 3.60% 3.61 Franc, Ffance 0393% .0393% Lira. Italy 0508% .0509 Franc. Belgium 1391 .1391 Marks. Germane 2376 .2375 Gutlden, Holland 4037 .4039 Peseta. Spain 0825 0825 Krone, Norway 1775 .1780 Krone. Denmark .'. 1965 .1970 Yeti. Japan 2862 .1900

New York Curb Market

(By Thomson & McKinnon) -cane 24 Close Close Alum Cos of Am 23 Ford of England 2% Am Cmnamid.. 2% Goldman Sachs. I s , Am Gas & E!.. 16% Gulf Oil 24 Am Sup Pwr.... I'* Hudson Bay ... 1% Asso Gas * tl. 1% Humble Oil 37% Braz Pwr 8c Li.. 8% Imp Oil of Can.. 7 Can Marc 'a Int Pete B s , Cities Service... 2% Mt Prod 3 Cons G of Balt 45 Nia Hud Pwr .. 9% Com Edison... 53% Penroad 1% Derre & Cos 3% Std of Ind 18% Elec B'J Si Share 6% Std of Ohio 22 Eiec Pwr Assn.. 3% Trans Air Trans 1% Gen Aviation... l%!Un Lt & Pwr... 2 Ford of Can ... 6%'

Net Changes

B;i United l‘r is* NEW YORK, June 24.—Closing prices nd net changes on principal stocks traded today on the New York Stock Exchange follow: Off Allied Chemical 46 3> 2 American Can 30 s * 2'* American Telephone 78'* 2 s * Atchison 31 s * 3 s * Auburn 45 s * 9'i Bethlehem Steel B’* s Case 21 s * 2 s * ChesaDeake & Ohio 11 s * 1 • Consolidated Gas 35'* 2'* Consolidated Oil 4 s * '* Du Pent 25'* I s . Electric Power 2 1 * '* •General Electric 9’ s * General Motors 8' International Telephone 3 s * '* Lorillcrd 10 s . . N. Y. Centra! 11 s * \ North American 17 1 Pennsrlvania Bs*8 s * '* Public Service 32 I'* Radio S’* ’< Sears Roebuck 9' 1 • Standard Gas 9'a I'* Standard Oil, N. J. 23 s * *• Texas Corn 9 s * '• Union Carbide 18 s * -, Union Pacific 34 v, 31* U. 8. Steel 23'* I s . Vanadium 8 s * s Westmghouse Electric 19 s * I s * Woolworth 33 s * IV*

Local Wagon Wheat

Citv drain elevators are paving 38c for No 2 red wheal and 36e for No 3 hard wheal.

New York Stocks

By United Prett NEW YORK, June 24 —Sales on the New York Stock Exchange today totaled 800,000 shares. Curb | stock sales were 90,000 shares. —June 24 Railroad*— Prev. High. Lo*\ Close, cloae. Atchison 25% 21% 21% 25% Ail Coast Line.. 13% U 13 13% Balt Si Ohio. ... 6 55% 5% 5% Chesa dc 0hi0... .12% 11% 11% 12% Chesa Corn 6% 6% % 8% Can Pac 8% 8% >% 8% Cht N West.... 2% 2% 2% 2% C R I & P 2% 2% Del L * W 10% 10 Del dr Hudson... 41% 39% 30% 41% Erie 3% 33 Erie lit old ... 3% 3% 3% 3% Oieat Northern 7% 7 7 •% Illinois Central.. % 8% S% ... Kan Cltv Bo 3% Lou dr Nash ... 11 10% 10% 11 M K dc T 2 Mo Pacific 2 Mo Pacific ofd .. 3% 3% 3% 5% N Y Central 2% 2% 2% 12% Nickel Plate 2% N Y N H dt H . 8 7% 7% 7% Nor Pacific ... 7% 8% 6% 8 Norfolk Si West.. 88 88 88 57% O dt W. ... 8 % 5 Here Maro 2% 2% Pennsylvania 8% 8% 8% 8% Readlnt 13 12% 12% ... So Pacific 9 7% 7% 8% Southern Ry ... 3% 33 St Paul 1 % 1 1 St L dr S F 1% 1% Union Pacific ... 38% 34% 34% 37% W Maryland ... .. ... ... 2% Equipments— Am Car dt Fdy ~ 4% 4% 4% ... Am Locomotive 4% ... Am Steel Fd 3% ... Am Air Brake Sh . .. ... 7% Gen Am Tank . 10% 10 10% 10% General Elec . 10% 9% 9% 10% Lima Loco 10 9% 10 Pullman 15% 14 14% 15 Westlngh Tr B io% Westlngh Elec.. 21% 19 19% 21% Rubbers— Flak >/, Goodrich 2% 2% Goodyear 7 6% 6% Kelly Sprgfld i ... U S Rubber 2 2 Motors— Auburn 57% 45 45% 55 Chrysler 7 6% 6% 6% General Motors. 8% 8% 8% 8% Graham Paige.. 1% 1% 1% 1% Hudson 4 4 Marmon ... % ~ Nash * 9% 9% 10 Packard 2 1% 1% 2 Reo ... i% Studebaker 3% 3% 3% . White Motors 73,, Yellow Truck 1% ... Motor Access— Bendix Aviation. 5% 5% 5% 5% Borg Warner 4 4 Briggs 4 Eaton 314 33% El Auto Lite 10% 9% 934 10% El Storage 8... 17% 17 17% 17% Motor Wheel 2% Murray Body 32% 2% 3 Sparks W 2% ... Stewart Warner 2% Tim Roll 10 9% 9% ... Mining— Am Smelt 6% 6% 6% 6% Anaconda Cop... 4 3% 3% 3% Alaska Jun 8% 7’ 4 7% 8% Cal dt Hecla 2 Cerro de Pasco.. 4% 4% 4% 4% Dome Mines 9% ... Freeport Texas.. 10 s /* 10% 10% 11% Great Nor Ore 5% 5% .iomestake Min 125 mt Nickel 4% 4 4 4% jvenecott Cop 5% 5% 5% 5% Magma Cop 5 ... Miami Copper ... ... 1% '.Gianda 12% 12 12 Texas Gul Sul.. 13% 13% 13% 13% U S Smelt 11 11% Oils— Amerada 14% 14% Atl Refining 10% 10 10 10% Barnsdall 4% 4 4 3 / s 4% Houston 2 2 Sbd Oil 7% 7% 7% 7% Mid Conti 4% 4Vs 4% 4% Ohio Oil 7 6% 8% 7% Phillips 3% 3% Prarie Pipe 7Vs 7 7 Pure OH 3% Roval Dutch ... 16 15 3 /s 15% 15 5 % Shell IJn 2% 2% 2% 2% Cons OH ....... 5 4% 4% 5 Skelly 3'/s 3 Stand of Cal .... 19 18 18 18% Sand of N J .. 24% 23% 23% ... Soc Vac 7% 7 7 7Vi Texas Cos 9% 9% 9% 9% Union Oil 9% 9% Steels— Am Roll Mills... 4% 4 Bethlehem 8% 8 Vs 8% 8% Byers A M 9% 9 9 9% Colo Fuel 4% 4 4 Cruc Steel 7 Inland ... 10% ... McKeesport Tin. 34% 31% 31% 34% Midland 2% Repub I dc S 2% U S Steel 25% 23% 23% 24% Vanadium 7% 6% 6% 7% Youngst S dc W 6% Youngst SAT.. . ... 6% ... Tobaccos— Am Sumatra 33% Am Tob A New.. 50% 48 48 50 Am Tob B New. 52% 49% 50% 31% Lig dc Myers 8.. 41% 39% 40 Lorillard 113% 10% 10% 11% Reynolds Tob ... 27V* 27% 27% 27% Utilities— Abitibi 1 Adams Exp ... 2 ... Am For Pwr 2Vs 2% Am Pwr dc Li... 5Vi 4% 4% 5Vi A TANARUS& T 81% 77% 78Vi 80% Col Gas dc E 1.... 8% 6% 6% 6% Com dc Sou 2Vs 2 2 2'/s Cons Gas 37% 35% 35% 37% El Pwr dc Li.... 3% 2% 2% 3% Gen Gas <A| % /• Inti T dc T 3% 3% 3% 3% Lou aGs dc El 12% 12 Natl Pwr dc Li.. 9% 8% B*% 9 No Amer Cos 18% 16% 17 18 Pac Gas dc E 1... 21% 20% 20% 21% Pub Serv N J... 34% 32% 33 34% So Cal Edison.. 19% 19% 19% 19% Std Gdc El 10% 9'% 9% 10% United Corp 4% 4% 4% 4% Un Gas Imp 13% 12% 12% 13 Ut Pwr dc L A... 2% 2% 2% 2% West Union 14 13% 13% 15 Shipping— Am Inti Corp.... 3Vs 33% ... United Fruit .... 14% 14 14 Foods— Am Sugar 17% 16%. 16% ... Armour A % ... Cal Pkg 5% ... Can Dry 8% 8% 8% 8% Childs Cos 1% Coca Cola 90% 86% 86% 90 Corn Prod 29% 28% 29 30% Crm Wheat 14Vi 15% Cuban Am Sue.. .. ... ... 1 Gen Foods 21% 20% 20% 21 Grand Union .. 4% Hershev 46% 46% 46% 47% Jewel Tea 20 20 Kroger 11 Vi 10% 107* 11 Vi

Investment Trust Shares

(By Thomson Si McKinnon) PRICES ARE TO l'i NOON —June 24 Bid. Ask Am Founders Corp com 35 .50 Amer and Gen Sec iA)... .50 .... Am Inv Tr Shares 1.40 1.65 Basic Industry Shares 1.37% 1.75 Collateral Trustee Shar (A) 2.37% 3.00 Corporate Trust New 1.28 1.33 Cumulative Trust Shares 2.00 2.37% Diversified Trus Shar (A) 4.50 Fixed Trust Oil Shares 1.35 .... Fixed Trust Shares A 4.75 .. . Fundamental Trust Shar A 2.12% 2.50 Fundamental Trust Shar B 2.37% 2.B'<>. Leaders of Industry A 2 03 Low P;iced Shares 1.37'* Mass Inv Trust Shares 10.00 11. So Nation Wide Securities 1.75 2.00 North American Tr Shares 1.48 1.57 Selected Cumulative Shares. 3.75 4.25, Selected Income Shares... 1.87% 2.25 Shawmut Bank Inv Trust.. .25 150 Std Amer Trust Shares 1.75 .... Super Corp of Am T Shar 1.75 2.00 Trustee Std Oil (A) 3.00 Trustee Std Oil 181 2.75 3.12% U S Elec Light Si Pow (A) 9.75 11.75 Universal Trust Shares .... 1.50 2.00

New York Bank Stocks

(Bv Thomson & McKinnon) —June 24 Bid. Ask. Banekrs 43% 45% Brooklyn Trust 110 125 Central Hanover 90 94 Chase National 21% 23% Chemical 28 30 Citv National 25% 27% Corn Exchange 43% 46% Commercial 87 95 Continental 11’% 13% Empire 14 16 First National 910 1.010 Guarantv 193 198 Irving 14 3 , 15% Vanhatten & Company 17% 19’ Manufacturers 17% 19% New York Trust 57% 60% Public 17 19

In the Cotton Markets

CHICAGO —June 24 High. Low. Close. January 5.77 5.70 5.70 March 3.93 5 85 5.85 Julv 5.31 5.24 5 2< October 5.54 5.45 5/5 Decme’-er .'... 5.69 5.82 5.62 ' NEW TORK High. Low Close ’•nuarv :... 5.69 5 64 5.6' "arch ' 5 85 5 78 5 79 ”av 6.00 5 93 5.9 * Julv ; 5.22 5.15 5.17 October 5.46 s.'O 5 <0 Cecemter 5 61 5 54 5.55 Building Permits C T Sheets, storeroom. 225 East Tenth. 3100 M A Voßt, addition, 2923 East Michigan. 472 J. Fieger & Reiley repairs. 410 Hanson. 8320. Link B*!t Companv. addition. 555 North Ho'rncs r 775. M r v V RSI, D--rh. 3014 West MichiR.*n Wh te Star Oil Corpt ilon, three pumps. 519 N Pennsylvania, *3oj.

Nat Biscuit 29% 27% 27% 28% Natl Dairy ... 16% 18% 15% 15 Purity Bak 5% 5% 5% *% Pillsburv 12% ... Safeway 8t .38 36% S% 37 Std Brands.... 10% 10 10% 10% Drnrs— Cos tv Inc .. ... 1% 1% Drug Inc 28 V* 27 27 28% Lambert Cos .... 29% 29 29 30 Lehn dc Fink.,... 10 9% 9% ... Industrials— Am Radiator.. . 3% 3% 3% 3% Bush Term 3% 3% Gen Asphalt % 6% 6% 6% Lehigh Port ... 4 Otis Elev 11 11 Vs Indas Chems— Air Red 39% 37% 37% 39 allied Chem 50V* 45 3 , 46 49% Com Solv 5 4’ 4% 4% Dupont 27 * 4 25% 25% 27% Union Carb 17% 16% 16% 17 U 8 Ind A1c0... 16% 15% 15% 16% Retail Store*— Gimbei Bros ... 1 % 1 Kre.cge B 8 8% 8% 8% 8% M*y D Store ... 10 9 s , 9% 10% Mont Ward 4% 4% 4% 4% Penny J C 15% 14% 14% 15% Sears Roe 10% 10% 10% 11 Woolworth 25% 23% 23% 25% Amusements— Eastman Kod .. 43% 40% 40 3 4 417* Fox Film A 1% ... Grlgst • Gru % % Loews Inc 16% 15% 15% 16% Param Fam 2% 1% 17* 2 Radio Corp .... 3% 3% 3% 3% R-K-O ... 2 2 Warner Bros ... ’s' % % % Miscellaneous— City Ice dc Fu 15V* ... Congo’eum .... 7 67* 6% Proc dc Gam ... 27% 26% 26% 27% Allis Chal 6% ... Am Can 30% 30% 30% 32% J I Case 25% 21% 217* 24’% Cont Can 21 18% 18% 20% Curtiss Wr ..... 1 % 1 1 Gillette SR... 13% 12 s . 12% 13% Gold Dust 10% 10 10 10% Int Harv 13% 11% 11% 13 Int Bus M 69% 67 67 69% Real Silk 2% Un Arcft 8% 7% 7 s * 8% Trans-America.. 2% 2% 2% 2% CURB CLOSES DOWN Losses Range to 3 Points; 0 Few Gains Made. H ;/ United Prett NEW YORK. June 24.—After fluctuating nervously throughout out the session, following the trend on the big board, prices on the curb exchange today closed irregularly lower, losses ranging up to nearly 3 points, while gains in a few specialties ranged to almost 2 points. Utilities held lower under selling pressure and closed with losses generally less than a point. Oils swung in a narrow range of prices on both sides of the market. Gulf Oil closed a point lower at 24, with Humble Oil and Standard Oil of Indiana slightly lower. Swift International dipped more than a point to feature industrial trading.

Chicago Stocks Bv James T. Hamlll Ss Cos.)

—June 24 High. Low. Last. Borg-Warner 4 3% 3% Cities Service 2% 2 2% Commonwealth Edison .55 52% 52% Continental Chicago .. % % % Continental Chicago pfd 8% 8% 8 7 /* Cord Corp 2% 2% 2% Grigsby-Grunow % % s/ g Houdaillc-Hershay (A).. 3’/ 3% 3% Insull Util Invest % % % Swift A Cos 9% 934 93 /4 Swift Interncional 18 17 17 U S Radio & Tel 6 5% 6 Walgreen 9% 9V 4 9% Middle West Utilities .. % % % Public Service N P 31 30'% 30%

Dow-Jones Summary

Telautograph Corporation declared the regular quarterly dividend of 25 cents, payable Aug. 1 of record July 15. Company in three months ended Mav 31. reported net profit of $138,874 after all charges, ?&?. Ins *' *132.440 in first five months of 1931: current assets on Mav 31 were *162.000 of which $84,500 was cash. Southern Pacific loadings for week ended June 21 were 18.766 cars, against 26,647 a vear ago. Electric Power Light Corporation reported that $21,250,000 bank loans of United Gas Corporation have been extended one vear from July 20. the maturity date: in twelve months ended April 30. the company earned sl.lß a share on average common shares outstanding and 88 cents a share on 3.318,805 shares outstanding at end of period, against $2.86 a hare on 1.876.838 outstanding shares in previous twelve months. Fairbanks Company for four months ended April 30. reconed net loss amounting to $100,363 after all charges, against net loss of $88,910 in like 1931 period. Reading Cos. in May reported net operating income of $917,307 against $462,9*9 in May. 1931; five months totaled $.“,760,797 against $7,599,968. City Investing Cos. declared a dividend of *2.50 on common stock, same as declared six months ago. Telautograph Coporation in five months ended May 31. 1932. earned 60 cents a share on 228,760 shares of common stock, against 66 cents a share in first five months of 1931. Premier Shares. Inc., declared the regular quarterly dividend of 10 cents, payable July 15. of record June 30. Hartford Trust Cos. declared a dividend of 75 cents, payable July 1 of record June 22; previously $1 was paid. Bloomingdale Brothers. Int., declared the Tegular quarterly dividend of 51.75 on preferred stock, payable Aug. 1 of record July 29. Pacific Mills, Ltd., and subsidiary of Crown Williamette Paper Cos., in vear ended April 30. 1932, reported net profit of $215,904 against net profit of $413,515 in year ended April 30. 1931. Other Livestock By United Prett FT. WAYNE, Ind., June 24.—Hogg—Market, 10@15c higher; pigs. $3.75®5; lightlights. $404.20: lights. $4.2004.35: mediums. $4.1004.20; heavies, S4O 4.10; roughs $2.750 3.25; stags, $1.50®2: calves. $5.50® 6; ewe and weathers lambs. *5.50® 6: bucks, $4.50@5. By Vim: x Special LOUISVILLE. June 24.—Cattle—Receipts. 100; better grade dry fed steers and heifers in broad demand and fully steady at *3.50 0 6.25: lover grade grassers dull, largely $3.5005.25; beef cows and bulls. $3 down; low cutters and cutter cows, *102; most light stackers. s4@3. Calves Receipts. 300; steady: gcoa and choice. S4O 5; ni'uium and throwouts. $3.50 down. Hogs —Receipts. 600; market. 15c higher; 170-220 lhr.. .'AAV, 225-255 lbs.. $4.15; 260-295 lbs., 83.80: 303 lbs. up. *3.30; 140-165 lbs.. *3.85; 135 lbs. down. *3.45: sows. *230 0 3.05; stags. *2.05. Sheep—Receipts. 2.000: fairly active, fully steady; general quality plain; bulk better lambs. [email protected], with light, sprinkling choice. *6.5006.75: medium grades including bucks. *4.5005.25; throwouts. *3.5004; fat ewes mostly *101.50. Thursday's shipments: Cattle. 102; calves, 160. and sheep. 953. By United Prett LAFAYETTE. Ind.. June 24.—Hogg—Market. Uc higher; 160-180 lbs., *4.25; 180-200 lbs ** 20; 200-210 lbs.. $4.15. 210-225 lbs., *'-10: 225-233 lbs., $4.05. 235-250 lbs.. *4: 250-275 lb- , $3.95; 275-300 lbs.. $3.90: 300-J-'S lbs.. $3.85: 150-160 lbs.. s*; 130-150 lbs.. $3.75: 100-130 lbs.. *3.50; roughs. 3.40 down; top calves, $5; top lambs. $5 50. B • I (lift a Pri tt TOLEDO. June 24. —Hogs—Receipts. 225; market. 10c to 20c higher; heavv corkers. *[email protected]: mixed. 5*.250 4.40; bulk, '4.250 4.50: pigs. $3.500 3.75; lights. 53.5C0 '.75: rough'. C'ttle—Receipts, ’git: nvrkM. strong Clves—Receipts, ; ght: msrket. steady. Sheep and lambs— Receip.s. lght: market, steadv. New York Liberty Bonds —June 24 - Llbertv 3%s ’47 100.31 Liberty let *%.* '47 101.18 ‘ "rtv 4tv *',* '3B 102.16 "S'" 4’..- 52 104 70 rv ** 101.31 Tr— surv 3s '35 92.23 Treasury 3%s '43 iMarchi #7.30 Treasury 3%s '43 *Junet 9816

THE INDIANAPOLIS TIMES

HOGS CONTINUE UPWARD MARCH AT CITYYARDS Cattle Display Steady to Lower Trend; Sheep Unchanged. Hogs continued their upward march today at the city yards, prices rising fifteen cents over Thursday's average. The bulk. 100 to 350 pounds, sold for $4 to $4.45; early top held at $4.45. Receipts were estimated at 6,500; holdovers were 126. In the cattle market all fed classes held to the previous steady range. Grassers again displayed a weak tendency. Receipts were 600. Vealers held unchanged at $5.50 down. Calf receipts numbered 600. Lambs were steady, mostly selling at $6.50 down. This morning's top was $6.75. Receipts were 2,000. Hogs at Chicago today continued their advance. Early sales and bids showed a 10 to 15-cent gain over Thursday's average. The bulk of medium weights scaling 220 to 250 pounds was bid in at $4.25 to $4.35. Receipts were estimated at 11,000, including 2,000 direct; holdovers, 4,000. Cattle receipts were 1,500; calves, 500; market stationary. Sheep receipts numbered 8,000; market unchanged. HOGS June Bulk. Top. Receipts. 17. $3.45(® 3.80 $3.80 7,500 18. 3.50(gj 3.90 3.90 6,000 20. 3.70®) 4.05 4.05 5,000 21. 3.75® 4.20 4.20 7,500 22. 3.75® 4.20 4.25 5,500 23. 3.85® 4.30 4.30 5,500 24. 4.00® 4.45 4.45 6,500 Receipts, 6,500; market, higher. (140-160) Good and choice $ 4.10® 4.35 —Light Lights—-(l6o-180) Good and choice 4.45 —Light Weights—-(lßo-200) Good and choice.... 4.45 (200-220) Good and choice 4.35® 4.40 —Medium Weights—--1220-250) Good and choice 4.25® 4.35 (250-290) Medium and g00d.... 4.15@ 4.20 —Heavy Weights—-(29o-250) Good and choice.... 4.05® 4.15 —Packing Sows——Packing Sows—-(3so-500) Medium and g00d.... 3.00® 3.75 (100-130) Slaughter pigs 4.00®i 4.15 CATTLE Receipts, 600; market, steady. Good and choice $ 6.00® 7.50 Common and medium 4.00® 6.00 (1.000-1,800) Good and choice 6.00® 7.75 Common and medium 5.00® 6.00 —Heifers— Good and choice 5.50® 6.75 Common and meduim 3.50® 5.50 —Cows— Good and choice 3.50® 4.50 Medium 2.75® 3.50 Cull and common 1.50® 2.75 —Bulls (yearlings excluded) Gdftd and choice beefs 3.00® 3.75 Cutter, common and medium.. 2.25® 3.00 CALVES AND VEALERS Receipts, 600; market, steady. —Vealers— Good and choice $ 5.00® 5.50 Medium 3.50® 5.00 Cull and common 2.00® 3.50 —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® 600 Common and medium 3.25® 4.50 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 5.50® 6.75 Common and medium 3.50® 5.50 Ewes, medium and choice I.oo® 2.00 Cull and common 50® 1.00 Other Livestock By United /’rest CHICAGO. June 24.—Hogs—Receipts. 11.000: including 2.000 direct; active. 15® 25c higher: 180-250 lbs.. $4.30®4.40: top. $4.50; 260-310 lbs.. $4.15®4.35: 140-170 lbs., $4.15®4.40; pigs. $3.75®4; packing sows, $3.25®3.60; smooth sorts to $3.80: light lights. 140-160 lbs., good and choice. $4.10 @4.35: light weight. 160-200 lbs. good and choice. $4.25®4.50: medium weights. 200250 lbs., good and choice. [email protected]; heavy weights. 250-350 lbs., good and choice. [email protected]; packing sows. 275-500 lbs., medium and good. [email protected]: slaughter pigs. 100-130 lbs., good and choice. $3.60® 4 Cattle—Receipts. 1.500: calves. 500: fed steers and yearlings about steady; moderately active, but grassy kinds very dull; no choice offerings here, best in load lots. $7.10; part load. $7.25; grass steers and grassy cows and heifers weak to 25c lower; other classes steady. Slaughter cattle and vealers—Steers. 600-900 lbs., good and choice. [email protected]: 800-1100 lbs., good and choice $7®8.25: 1100-1300 lbs., good and choice. $7(08.25: 1300-1500 lbs., good and choice, [email protected]: 600-1300 lbs., common and medium. $4.25® 7: heifers. 550-850 lbs., good and choice. $5.75@7; common and medium. $3.50@6: cows, good and choice. s3® 5' common and medium. [email protected]; low cutter and cutters. $1.5002.50; bulls, yearlings excluded, good and choice, beef, $3.25 @4.75: cutter to medium. $2.7503.40: vealers. milk fed. good and choice. *6O 7: medium. $5 500 6: cull and common. $4®5.50. Stocker and feeder cattle—St eers. 500-1050 lbs., good and choice. [email protected]; common and medium. $3.25@5. Sheep—Receipts. 8.000; unchanged: clearance practically complete: good to choice native ewe and wether lambs. $606.25 to packers; few closely sorted lots. $6.5006.75 to outsiders: rangers and fed yearlings absent. Slaughter sheep and lambs —Lambs. 90 lbs. down, good and choice. $606.75: nedium. ss® 6: all weights common. s4@%: ewes. 90-150 lbs., medium to choice. $1®2.25: all weights cull and common. [email protected]. by United Prett EAST BUFFALO. June 24.—Hogs—On sale 1.500: active, mostly to packers: 15c to 20c higher; good to choice. 160-200 lbs., $4.65: 220-250 lbs.. $4.5004.60; 260-290 lbs.. $4.2504.40: pigs ana underweights. $4.25. Cattle—Receipts. 200: little done on grassv rfferines: one load choice drvfed yearlings. $7.75: cows unchanged, cutters grades. $1.25 @2.25. Calves—Receipts. 775; nearby vealsro steady. $7 down: strong weights and grassv descriptions, draggv. quoted $5.50 @6.50. Sheep-Receipts. 1.400: better grade lambers scarce: strong to higher; medium and lower grades, weak to unevenly lower; cod to near choice. $707.25: few close’.v sorted lots. [email protected]: mixed offerings. *6® 6.50: throwouts .1303.75; inferior kinds. $4.50 and offerings. [email protected]: throwouts. [email protected]: inferior kinds. $4.50 and under; yearling wethers *5. By United Prett CLEVELAND. Jflne 24.—Hogs—Receipts. 500: holdover, none; 10 to 20c higher; 160230 lbs.. $4.60: 240-300 lbs.. $4.10(24.20; pigs. $4: for week 25 to 35c higher. Cattle—Receipts. 200: grain fed steers in demand scarce: others dull, steady: bulk steers. $5.75 downward, frequently $4.75: low cutter to good cows. $1.50 03.50: for week grain fed steers fully 25c higher; all others weak to 25c lower. Calves—Receipts. 200: steady: vealers. $6.50@7: cull to medium lightweights, also most heavies. *s@6: for week $1 lower: week's top. $7.50. Sheep—Receipts, lambs. 25c or more lower: medium to choice. $6.50® 7.25: few 57.3507.50: throwouts. $4.5005: good wethers. $2.50: for week 25 to 50c or mere :ower: sheep, steady. By United Prett PITTSBURGH June 24.—Hogs—Receipts. 1.500: holdovers. 750: market, mostly 5® 10c higher: 160-220 lbs.. $4.50 0 4.65: few $4.70: 220-260 lbs.. [email protected]: 120-150 lbs.. $404.40. packing sows. $2.75 downward. Cattle—Receipts. 10: market, nominal: medium and good steers and yearlings Quoted $5.25®7: good heifers. $5.3506.25' medium and good cows. $2.85 04: bulls, $3.50 downward. Calves—Receipts. 100: better grade vealers. steadv. mostly S@ 6.50. Sheep—Receipts. 800: lambs slow, weak; good and choice. $6.2507: good wethers up to $2.50. By United Prett EAST ST. LOUIS. HI.. June 24.—Hogs— Receipts, 7.000; market active, mostly 25c higher; top, $4.35: most 150-220 lbs.. $4.20 @4.35: 230-260 lbs.. $404.15; 260-300 lbs., $3.80@ 4: 100-140 lbs.. $3.5004.10: sows. $3 fi3.15. Cattle —Receipts. 1.000; calves. 600; market, generally steady in clean-up trade with not enough steers on sale to make a market; a few mixed yearlings and heifers. $506.35: cows. $2 0 3.25; low cutters. $1.25® 1.75; top sausage bulls. 15@25c off at $2.75; top vealers. $5.75. Sheep—Receipts. 3.000; market steady; top lambs. $6.50; bulk. $6 @6.25: mostly *6: buck lambs $1 less; throwouts. $3; fat ewes. $1.50 down. By United Prett CINCINNATI. June 24.—Hogs—Receipts. 4.300: 550 direct: active, largely 10c higher: better grades, 160-225 lbs., $4.60; 230-310 lbs.. $4.25 0 4.50; 130-150 lbs.. $3.85: sows unchanged at $2.75® 3. Cattle—Receipts. 650; calves. 350: generally steady; odd lots, common and medium steers and heifers. $4.25®5.75; on load good mixed neers and heifers. $6.50: load 700-pound heifers. $6.75; grassy beef cows. $2,506 3.25; some below; low cutters and cutter cows. $162.25: bulls. $3.25 down; vealers steadv to weak; good to choice handy weights. $5.506 6: heavyweight around $3; lower grades mostly $5 down. Sheep—Receipts, 5.000: lambs weak to 25c lower; better grades, $0.5007. most $6.75 and up: common and medium. $4.5006.25: plainer throwouis downward to $4 or below: sheep steady: fat aged ewes. $101.50 largely: best lightweights Quotable upward to 83.

Times Radio Dial Twisters

WFBM (1200) Indianapolis la <iaa spoils Fewer ill Light Csmui SATURDAY P. M. 5:30 Do-Re-Mi (CBS% s:4s—Street singer (CBS'. 6:oo—Armenian chorus (CBS). 6.ls—Abe Lvman'i band iCBS>. 6:30 —Bohemians with Flovd Cheiee. 7;oo—lsham Jones orchestra (CBS). 7.30—U. 8. Army band iCBS'. 6:oo—Music that satisfies (CBS'. 8:15 —Public Affairs Institute (CBS). 8:45 —Corel Islanders iCBS). 9:oo—lrene Beasley iCBSI. 9:ls—Don Redman orchestra (CBS'. 9:3o—Harold Stem orchestra (CBS'. 10:00—Smith Ballew orchestra (CBS'. 10:30—The columnist. 10 45—Noble Slssle orchestra (CBSi. 11 00—Bohemians. 11:30—Saturday night varieties. 12:30—Sign off. SUNDAY AM. , . B:oo—Madison singers (CBS). B:3o—Salon orchestra (CBSi. 9 00—Jakels entertainers 'records!. 9:3o—Christian Men Builders. 10:30 to noon—Silent. 12:00 Noon—Thirty Minute Men (CBS'. P. M. 12:30—Coca Cola hour (records). I:3o—Symphonic hour 'CBS'. 2:oo—Cathedral hour -CBSi. 3:oo—Round towners (CBS). 3:3o—Poets Gold (CBS). 4"oo—Wheeler City Mission. 4:3o—Roses and drums (CBS). s:oo—Dr. Julius Klein (CBSi. s:ls—Chicago Knights (CBS'. s:4s—Earl Gordon pianologue (>:oo—Dramatic laboratory (CBS*. 6 no—Wm. Hall and orchestra iCBS). 7 00—Toscha Seidel recital (CBSi. 7:30 —Pennzoil parade 'CBSi. B:oo—Gem highlights 'CBS* . B:3o—Zlegfeld radio show (CBS'. 9:oo—Gauchos (CBS). 9:3o—Bohemians with Flovd Chafe*. 10 00—Gus Arnhtim orchestra (CBS). 10:15—'The columnist 10:30—Californls melodies (CBS*. 11:00 —Bohemians. 11:30—Sign off. WKBF (1400) Indianapolis (ladianaaoli* Broadcasting, fait.) SATURDAY P M. 4:ls^—Tea time tunes. 4:3o—Harry Bason. 4:4s—News flashes. s:oo—Hit review. s:4s—Announced. 6:oo—Cecil and Sally. 6:ls—Novelty program. 6:2o—Baseball scores. 6:3o—Ward B. Hlner. 6:4s—Dinner dances. 7:oo—Harry Bason. 7:ls—Golden Age melodies. 7:3o—Jerry and Charlie. 7 :?s—lndianapolis baseball program. B:oo—Orchestra. 8:15 —Alice Arnold. B:3o—The Jewel Box. B:4s—Curtis players. 9:oo—Silent. 11:00 —Showboat orchestra. 11:30—Dessa Byrd at the organ. 12:00—Radio rangers. 12:30—Showboat orchestra. 1:00 —Sign off. WLW (700) Cincinnati SATURDAY P. M. 4:oo—Afternoon round table. 4:4s—Law for the Layman. s:oo—Amos 'n' Andy (NBC). s:ls—Josef Chernlavsky dance orchestra. j:3o—Bob Newhall. 5:45—01d man sunshine (Ford Rush), b:ls—chandu. the magician. 6:3o—Wayne King dance orchestra. 7:oo—Croslev follies. 7:3o—The First Nighters (NBC). B:oo—Theater of the air. B:3o—Marian McKay dance orchestra. B:4s—Peanut Pietro. 9:oo—Josef Cherniavsky dance orchestra. 9:3o—Over the Rhein. 9:4s—Headlines of yesterday. 10:00—Marian McKay dance orchestra. 10:30—Doodlesockers. 11:00—Don Pedro dance orchestra. 11:30—Wayne King dance orchestra. 12:00 Midnight—Sign off. SUNDAY A. M. 7:OO—NBC children’s hour (NBC*. B:oo—Church forum. B:3o—Fiddlers three (NBC). B:45—A song for today <NBC% 9:00 —Morning musicale (NBC). 10:00—Organ and threesome. 10:00 —Organ and threesome. 10:30—River and weather report. 10:32—Summer Ldyll (NBC). 11 IPO—Biblical drama (NBC. 11:30- Clyde Doerr saxophone octet (NBC). 12:00 Noon— Pilgrims (NBC). P. M. * 12:30—Yeast Foamers (NBC. 1:00—College of music recital. 1:30—49 Highlanders military band. 2:oo—Theater of the air. 2:3o—Donhallrose trio. 3:oo—Choir. 4:3o—Road to Romany (NBC). 4:oo—Dedication. 4:30 —Roamios. s:oo—Curtain Calls (light opera). s:3o—Three Bakers (NBC). 6:oo—Baseball scores. 6:os—Hotel Gibson orchestra. 6:ls—Pickens Sisters (NBC. 6:3o—Goldman bands (NBC. 7:oo—Josef Cherniavsky dance orchestra. 7:ls—Stag party (NBC. 7:4s—Making the movies. Ray Knight (NBC). 8:15—Old singing master (NBC), B:4s—Casper Reardon, harpistt. 9:oo—Wavne King dance orchestra. 9:3o—Moon river. 10:00 —Wm. Stoess and his flying Dutchmen. 10:30—Wayne King dance orchestra. Castle Farm. 11:00—Swiss Gardens orchestra. Charlie Stone. 11:30—Sign off.

Fishing the Air

Rachel Morton, youthful soprano, will b* the guest artist on the Civic concert service program over WTAM and an NBC network Saturday at 6 p. m. '‘lncognito,” the story of a college professor, whose poet as a writer of note is discovered by one in his class, and the consequent humorous situations in which he finds himself will be dramatized oyer WLW and an NBC netwerk Saturday at 7:39 p. m., during the First Nighter program. Ruth Etting will sing “By the Fireside” and “Auf Wiedershen, My Dear,” when she appears with Nat Shilkret’s “Music That Satisfies” over WFBM and the Columbia network, Saturday, at 8 p. m.

HIGH SPOTS OF SATURDAY NIGHT’S PROGRAM. 6:00 NBC (WEAF)—EIy Culbertson, bridge lessons. Columbia —Armenian National Muisc chorus. 6:3O—NBC 1 WEAF*—“K-7" Secret Service Spy story. 7:OO—NBC (WJZ'—Goldman band, Russian program. 7:IS—NBC I WEAF*—Boston concert. 7:3O—NBC 1 WJZ)—First Nighter, “Incognito." Columbia Y —U. S. Army band. B:oo—Columbia—Ruth Etting and Shilkret’s orchestra. NBC (WEAF)—Bert Lahr. B:ls—Columbia —Public Affairs Institute. 10:05—NBC (WEAF)—Buddy Rogers and orchestra.

Bert Lahr and Walter O’Keefe will toss comedy back and forth during their program Saturday, at 8 p. m. over WTAM and an NBC network. The romantic and captivating strains of authentic Hawaiian music will return to the airwaves when the "Coral Islanders” program featuring native instrumentalists conducted by William Lincoln. is heard aver WFBM and the Columbia network Saturday, from 8:45 to 9 P- m. . Irene Beasley. Columbia's “long, tall gal from Dixie,” will feature the popular blues song “Moanin’ Lew” during the broadcast over WFBM and the Columbia network. Saturday, from 9 to 9:15 p. m.

Bright Spots of Business

Bt United Preaa NEW YORK. June 24.—Trade and financial circles were cheered today bv reduction of the New York federal reserve bank's rediscount rate from 3 to 2' 2 ner cent. PHILADELPHIA—Reading Cmany ranerted May net eneratinr ineeme *f 1917.367 and far the flrat five menth* es the year 55.766.797. against 89462.94A and It.SM.M6. resgeetivelv. ip the corresponding weriada es 1981. DETROlT—Detroit Street Railways Company reported net profit for Mav was *13.829 against a net loss of 8109.122 in May. 1931. DETROIT—An encouraging outlook for mid-summer sales by the Buick dealer organisation was seen in a stenplng-up of Buick’s July schedule.

Stattom of tho National Broadcasting Company WEAF Network WJ2 Network |NU *** KTHS 1*46 wen S7* I IVMAO 676 WUS 676 WAR 746 CKGW RVOO 114$ WCKY 496 ! WGY 790 ' WI.W 700 WSM (M KOA 83® KTW 1620 WDAF 616 ( WHO 1000 HOC 10 0 WTAM 1070 .**" l 4 wenr *:• I wjr tso 1 wow soo WTIC iooo KSTP 1400 WBAP MO WFAA 666 I WJE 760 1 WSAI IS**

Stations of tho Colombia Broadcasting System WAJW *6O j WBBM 77# | WKRC 55* |) WOWO 1160 I WCCO *lO ROIL 17" WPG 11J* I WON 72* . WIAU 640 .1 WFIW 910 CKAC 730 CFUB 960 WBT IN* I WHAS m 1 KRLD I*4* II WFBM 10*6 ’ WLAC I*7o KMOX 1060

—:* P. M IBS —Abe Lyman and orchestra. NBC —Civic concerts servlet to WEAF. —:S6 P. M.— CBS —Chicago Variety. NBC—“K-7” drama to WEAF WGN (720)—An Old Theater Box. NBC—Selvin's orchestra to WJZ. WLS (870)—Musical program. —6:45 F. M WGN (720) —Burtnett's orchestra. —7 F. M.— KYW (1620)—Master’s orchestra. CBS—lsham Jones Orchestra. WBBM (770)—Arnheims orchestra. NBC—The Southernaires to WEAF. WGN (720)—Minstrel show. NBC—Goldman band toWJZ. —7:15 F. M.— NBC—Boston Pop concert to WEAF. —7:30 F. M.— KTHS (1040)—Arlington orchestra. KYW (1020)—Agnew’s orchestra. IBS —u. S. Army band. WBBM (770)—-Sanders’ orchestra. WON (720)—Recital. NBC—The First Nighter to WSM (650!—Vagabonds. —8 P. M.— KDKA (980)—Tamburitza orchestra. KYW (1030)—Maupin’s orchestra. CBS—Shilkret’s orchestra. orchestra to WGN 1720)—Burtnett's orchestra. NBC—Whoopee to WJZ. WSM (650)—Barn dance (4 hours). —8:15 P. M.— CBS—Public affairs insti-i tut*. NBC —Snoop and Peep to' WJZ. —*:3o P. M.— CBS —Roses and Drums. NBC—-Our American schools to WEAF. WGN (720) —Sherman's orchestra. —5 P. M.— CBS—The World's business. NBC—Balkan Mountain Men to WEAF. WGN (720i—Symphony. NBC—Songs to WJZ. -*-5:10 F. M.— KYW (10201—Dog program. —5:15 F. M.— CBS—Chicago Knights. NBC—Violinist; contralto to WJZ. —5:36 F. M.— NBC—Orchestral Gems to WEAF WGN (7201—Ensemble. NBC—Three Bakers to WJZ. WLS (870)—Our children. WMAQ (670)—Sports. —5:45 P. M.— CBS —Sylvanlans. WMAQ (670)—U. of Chicago chats. —6 F. M.— CBS—Experimental dramatio laboratory. KYW (1020)—Two former enemies. WBBM (770)—Sports. NBC—Harry Richman to WEAF. WGN (720)—Concert: Burtnett's orchestra. NBC—McCravv Bros. to WJZ. —6:15 P. M.— NBC—Pickens Sisters to WJZ. —6:30 P. M CBS—Baritone and orchestra. KYW (1020) —Canton orchestra. NBC—Goldman band tc WJZ. —6:45 P. M.— WON (720) Melodies in Crosswords. —7 P. M.— CBS—Toscha Seidel and concert orchestra. WBBM (770)—Dramatization. NBC—Our government to WEAF. NBC—Melodies to WJZ.

Day Programs

WFBM (1200) Indianapolis ■ Indianapolis Power end Light Company MONDAY A. M. 7 ;30—Records. B:3o—Democratic convention news (CBS). B:4s—Records. 9:oo—Morning Moods (CBS*. 9:ls—Women's hour. 10:00—Transcription. 10:05—Ted Brewer orchestra (CBS). 10; 15—Transcription. 10:20 to Noon—Silent. 12:00 Noon —Ann Leaf (CBS). P. M. 12:15—Farm news and markets. 12:30—Elizabeth Barthell (CBS*. 12:45—Salon orchestra iCBS). I:oo—Society reporter. I:ls—Salon orchestra (CBSi. I:3o—Helen Nugent (CBS*. I:4s—Four Eton Boys (CBS). 2:oo—Democratic Convention news (CBS). 2:ls—Frank Westphal orchestra (CBS). 2:30- —Two-thirty tunes. 3:00 to s:3o—Silent. WLW (700) Cincinnati MONDAY A. M. s:3o—Tpp o' the Morning. 6:oo—Morning exercises. 6:ls—Talent bureau program. 6:3o—The Round Table. 7:oo—Morning devotions. 7:ls—Talent bureau program. 7:3o—Beautiful Thoughts iNBC). 7:4s—Early Burdettes: exercises. B:oo—Child care and t-air*ing. B:ls—Pat Harrington, tenor. B:3o—Oiymoian ouartette (E. TANARUS.). B:4s—Happiness Kid.-. 9:oo—Livestock reports. 9:lo—Edna Wallace Hopper *E. TANARUS.). 9:IS—WLW Mail Bag. 9:3o —Transcription. 9:4s—Talent bureau program, 10:00—Talent bureau. 10:15—Pet Barnes (NBC*. 10:30—Old Bill. 10:45—Morin Sisters. 10:59—Time signals. 11:00—River and weather reports. 11:02—Don Pedro dance orchestra. 11:30—Talent bureau program. 11:40—Talk. 12:45—Market reports. 11:50—Livestock reports. 12:00 Noon—National Farm and Home period (NBC). 12:30—Josef Cherniavsky dance orchestra. 1:00—Ohio School of the Air. I:3o—Talent bureau program. I:4s—Organ matinee. 2:00 —Pat Harrington, tenor. 2:ls—Harrv Owens and his orchestra (NBC*. 2:4s—Talent bureau. 3:00 —Grace Bradt blues singer. 3:ls—Happiness Kids. 3:4s—The chatter.

Maybe You re Not Venus But it is possible to correct those defects of figure where nature —or perhaps habits of eating—have put more flesh than is needed. Our Washington bureau has ready for you a bulletin on methods of Reducing Particular Parts of the Body—suggestions for exercises to reduce the ankle and lower leg, the hips and thighs, the waist and abdomen, the upper arm and shoulder, the neck, etc. If there’s too much of that “too, too solid flesh” somewhere, this bulletin will help correct the fault. Fill out the coupon below and send for it. CLIP COUPON HERE Dept. 171. Washington Bureau, The Indianepo’is Times, 1322 New York Avenue. Washington. D. C.: I want a copy of the bulletin. Reducing Partir i!sr Parts of the Body, and inclose herewith 5 c'nt* in coin, or lor ". i'-'cnc'‘lled United States pos age s‘arrps. to covr return po - '? ? and handling costs. Name St. and No. City State I am a reader of The Indianapolis Times. (Code No.)

SATURDAY —8:36 P. M.— KYW (1020) —Master's or-' chestra. WGN (720)—Big Leaguers * ■ Bushers. NBC—Pianist and organist to WJZ. WMQ (670(—Stamn talk. —6:45 P. M.— KYW (1020) —Agnews orchestra. CBS—Coral Islanders. WBBM (770) —Romance of I the Thorobreds. NBC—Hello Mane to WJZ. WGN (720i—Lawrence Salerno. —9 P. M.— KDKA (980)—Sports; news. KYW (1020)—Sports; Maui pin’s orchestra. CBS—lrene Beasley and ! Berren’s orchestra. WGN (720)—Burnett's orchestra. NBC—Russ Columbo and orchestra to WEAF. WGY (790 i—De Witt Clinton orchestra. NBC—Amos ’n’ Andv to WMAQ. —9:15 P. M.— KDKA (9801—Messages to explorers. GBS—Redman’s orchestra. NBC—Merle Thorpe, talk to WEAF* WGN (720)—Dream Ship. NBC—Sodero and concert orchestra to WJZ. WMAQ (670)—Teepee Singers. —9:30 P. M.— KYW (1110) —South's orchestra. 3BS—Stern’s orchestra. NBC—Pettis’ orchestra, to WEAF. WGN (720)—Cummin's or- ' chestra. WJR (750)—The Mummers. / WLS (870)—Barn dance (2 hour-O. WMAQ (670) —Dance program (2% hours). —9: *5 P. M.— WHK (13901—Crystal Slipper orchestra. —lO P. M KYW (1020)—Master's orchestra. CBS—Ballew's orchestra i SUNDAY —7:15 P. M.— NBC—Music Album-Frank Munn, tenor to WEAF NBC—Stag Party to WJZ 1 —^7:3o P. M.— GBS —Sosnik's band and male quartet. WBBM (770) —Musical comedy memories. —7:45 P .M.— NBC—Lifetime Revue to' —8 P. M CBS—Denny’s orchestra. WENR (870i—Cellist. WGN (720)—Burtnett's orchestra. NBC —Musings of WEAF. —8:15 P. M KYW (1020) —Master's orchestra. NBC—Woman's Vocal octet to WEAF. WENR (870) —Edison symphony. Singing Master to v\ JZ. —8:85 P. M.— WGN (720) Old Headlines. —8:30 P. M Radio Show. WBBM (770)—Sanders' orchestra. —8:45 P. M—WEAF . WSM (650)—Services. WBBM (770)—Romance of the Thorobreds. NBC—At Seth Parkers to WENR (870)—Terrace orchestra. NBC—Violin Twins to WJZ. —8 P. M.— KDKA (980)—Sports; weather; studio. CBS—The Gauchos. WGN (720)—Burtnett’s orchestra. NBC—Malik Mysteries to W hour (750, ~ Ha PPy Half—9:ls P. M—KYW (1020)—Canton orchestra. NBC—Russ Columbo and orchestra to WEAF.

Second for A l

in

Congresswoman Mary T. Nor-

ton of New Jersey (above), the first woman ever to be elected to congress by the Democratic party, will make the seconding speech for the nomination of Alfred E. Smith for president at the Democratic national convention in Chicago. Governor Joseph B. Ely of Massachusetts will place Smith in nomination.

—l# P. M.— WGN (720*—Sherman s orchestra WJR (750*— String Pickers. NBC—Jack Denny s orchestra to WJZ. WMAQ (670) Dance program (2 hours*. WOW .590*—8pora Little Club: news. WMAQ ) 6701—Dance program (2 hours*. WRVA (1110)—Sports: Old Fiddlers. WTAM ' 1070*—8ports: dance program WTMJ (620*—Dance program (2 hours*. —16:05 P. M NBC—Buddv Rogers' orchestra to WEAF —10:30 P. M KYW (1020)—Agnews orchestra. CBS—Sissies orchestra. WBBM 1770’—Around the Town. WGN (720)—Burtnett's orchestra. NBC—Don Amado and Musical Gauchos. to WEAF. WGY (790*—Kenmore orchestra. NBC—Agnew's orchestra to WJZ. WLW 1700 (—Doodlesockers. WOW (5901—News; Peacock orchestra —10:45 P. M.— WGN (720)—Carl Moore's i orchestra. WJR (750*—Salt and Peanuts. —ll P. M.— KYW (1020(—Canton and Congress orchestras i WGN 1720) —Dance program (4 orchestras*. WHK (13901—Organist. WLW (7001—Gibson orchestra. WSM (650)—Barn dance (1 houri. —11:30 P. M.— NBC—Barn dance to WEAR. WLW (700i—Wayne King's orchestra. —l2 Midnight— WDAF (610) Nighthawk 1 frolic. NBC —Terrace orchestra to I WENR IWJR (750) —Dance orchestra. —9:15 P. M.— ( WGN (720) —Kassel's orchesI trR - , WMAQ (670)—Auld Sandy. —8:30 P. M.— KYW 11020 1—Sports: news; master's orchestra. CBS—Duchin s orchestra. iWGN (720) —Cummin's orchestra. iNßC—Jesse Crawford, or- | ganist to WEAF. NBC— Lee Sims to WJZ. WMAQ (6701—Auld Sandy. —9:45 P .M.— NBC—Master s orchestra to WJZ. —lO P. M.— KYW (10201—Chicago Gospel tabernacle. CBS—Arnheim s orchestra. WGN (720)—Sherman's orchestra. NBC—Black's orchestra to WEAF. NBC—Wm. Stoess orchestra to WJZ. WOW (590) Spor's Little Club. WTMJ (620*—Dance program (3 hours). —10:30 P. M.— CBS—California melodies. WBBM (770)—Around the Town. NBC—Kerr's orchestra to WEAF. WGN (720)—Burtnett's orchestra. NBC—Wavne King's orchestra to WJZ. WTAM (1070)—Orchestra program. —10:45 P. M.— WGN 1720)—Bryson's Kassel'sand Burtnett's orchestras. —II P. M.— KYW (1020)—Canton orWENR (870) —McCloud's orchestra. WJR (750) —Bergin's orchestra. WLW (700)—Dance program (1 hour). —11:30 P. M.— WENR (870)—Master's orchestra.

.JUNE 25, 1932

WHEAT PRICES FORCED DOWN IN DULL RANGE Aggressive Action Lacking on Either Side of Market. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, June 24.—Weakness in stocks and conflicting influences tended to depress wheat prices, but declines were only fractional at the close. There was an early advance on the rust and grasshopper news eminating from the northwest, but it failed to hold. Favorable crop comments from both sides of the international line also were slightly bearish. Corn, oats and rye followed wheat and stocks, but held to a narrow range. Close Is Lower At the close wheat was % to % cent lower, corn was % to % cent lower, oats r cent lower and rye to S s cent lower. Provisions were firm with hogs. Liverpool continued firm and closed % to " s cent higher. Temperatures were high over the great portion of the wheat belt, but no damage was reported from the northwest. Cash prices were % cent lower. Receipts were thirteen cars. Corn Options Easy Corn eased with wheat after an early show of strength and at midsession was % cent lower to % cent higher. The strong tone in hogs is attracting attention as the hog-corn price ratio has widened as a result of the advance and gives corn an element of strength. Cush prices were % cent higher. Receipts wer twenty-five cars. Oats and rye were rather dull following the major grains. Trade was featureless with oats unchanged to % cent higher and rye % cent lower to % cent higher early. Cash oats was unchanged. Receipts were twenty cars. Chicago Grain Range WHEAT - J “” " Open. High. Low. Close, close. JulyOld. .47% .48% .47 s a 473 ad Sept.— - 47 ’< Old. .50% .50% .49% .50 .50% Dec' •’* -55** •% -49% .50 *4 DfC. .53% .53% .53 .53 .53’* CORN— July.. .30% .30% .29% .29% 30% Sept.. .32 % .32-% 31% 31% 701* Dec. -32% .32% !32%* i32% 32% OATS— July.. .20% .20% .20', .20% .20% Sept.. .201* .20% .20% 20'- 20% Dec. .22% .22% .22% 22't !22% RYE— July.. .29% .29% .29% 29% 29 s . Sent.. .32% .32 5 , .31% .32 .32% Dr l, ■ -35 s * .35 s , .35% .35% 35% LARD— July.. 4.25 4.30 425 4.30 425 Sept.. 4.35 4.40 435 4.40 432 Oct... 4.40 4.40 4.37 440 4.37 Jan... 4.30 4.32 4:30 4.32 432 BELLIESJuly.. 4.65 4.70 4.55 4,70 450 SeDt - ••• ... 4.90 4.70 By Timet Syr rial CHICAGO. June 24 —Carlots: Wheat. 39: corn. 40; oats, 42; rye. 0, and barley. 2. By United Prett CHICAGO, June 24. Cash grain close: Wheat—No. ? red. 47%-c: No. 2 mixed 48 . " c j £°;. 3 mixed, 48%c. Corn—No. 6 2 mixed, 31%c; No. 2 ye low, 31-%c; No 3 yellow, 31c; No 1 white, 31 %c. Oats— No. 2 white 21 % @ 22c; No. 3 white. 200 — c ' .i_ Rye ~; No - sales- Barley. 30@41c. Timothy—[email protected]. Clover—s9.2s® 14.25. By Timet Special vuh?o I t CA 9S%>/n Une 24 -—Primary receipts: SJ!"*'- 423.000 against 1.092.000: corn. 220.000 against 544,000: oats. 158 000 Egainst 101.000. Shipments—Wheat. 385.299 „ a ,£ d,nst L 104.000: corn. 202.000 against 344,000: oats 66.000 against 96.000. By Timet Special TOLEDO June 24.—Grain in elevators tr ansit billing: Wheat—No. 2 red 48% @49%c Corn—No. 2 vellow. 33%@34%c. 2 whit, ‘ 24@25c. Rve—No. 2. wil! i f 37 v C ' „ Track prices. 28%c rate. Wheat—No. 2 red. 43®44c: No. 1 red le premium: No. 3 red. %@3 cents disroun*; No 3 red. 2%®4c discount. Corn—„2 vellow 29%@30c: No. 3 vellow. 28% @2Pc. Oats—No. 2 white. 21® 22c; No 3 white. 20%® 22c. Butter—22c. Eggs—loc. Hav—Bo cents ner cwt.

Cash Grain

—June 24 The bids for car lots of grain at th call of the Indianapolis Board of Trade “-snipping point, basis 41%c New York Rate, were: Wheat—Easy: No. 1 red. 370 38c; No. 2 red. 36®37c: No. 2 hard 36® 377 c. Corn—Easy: No. 2 white. 24@25c: No * white 23®24c: No. 2 vellow 22023 c: No 3 yellow. 210 22c: No. 2 mixed. 21@22c; No. 3 mixed. 20® 21c. Oats—Steady: No. 2 white. 17® 18c: No. 3 white. 16017 c. Hav Steadv: (F. o. b. country ooint.s taking 23%c or less rates to Cincinnati or Louisville. 1 No 1 timothy. s7@7 50No. 2 timothy. s6® 6.50. c^Wheat —No. 2 mixed 1 car. Total. I Corn—No. 1 white. 2 cars: No. 2 white 5 cars: No. 3 white. 3 cars; No. 4 white. 1 car: No. 1 vellow. 3 cars: No. 2 vellow 3 cars: No. 3 vellow. 1 car: sample vellow’ 1 car: No. 2 mixed. 1 car. Total. 20 cars! s 2 , white. 1 car: No. 3 white. cars. Total. 6 cars.

Produce Markets

h-?vv VC hrpj£ Ir 3si ana T DO, I? i>rloM: Hens. hrZul creel. 16c: Leghorn h*ns. 9c broilers, colored surinceis. V'-, lbs. and ud. 18c; 2 to 21* lbs. 11c* bareback pnri fe *nd e n d 'I4 0c: Le ? horn and black. Uht a ?^ U , D 4c C Chucks.'"la rge^wh/te" fu f fe a a l t h he r ri?H“ nd rf* a f'. sc: t smal ' 3c * Geese full feathered and fat. sc. Young and 2l < L2i“"5 a ;- 15c Egg*—Aonroved buying fnrfnt(^ of fß*fitute of American. Poultry Industries—No. 1. 12c: No. 2 9c No 7 19c* t0 1t . 22c: undergrades 18 to • DUtteriat 15c. Thcs# nrir#w fnw h€ a th y stock, free from feed No sick ComDanv aCCeDted Ouoted bv the Wadley Bn United Prrtn ke^ E^*y°5K - „ June 24 ~ Potatoes— Mar1125fai S^ ther "' *i^ 2 50 bbl.; Maine. bbi.; Canada, 51.20f-t1.35 bbl! Potatoes—Market. quiet; Jersey 75c ket piou? C4 s5 16 i? : s °' ltb e rn baskets. 404/ wilH k ii ' k"! 111 spring patents, SI7 2V T P ° l J‘~J lti l ket ’ s . tead y- Mess—xi,l. - Lard—Marke., firmer. Middle West-Spot. S4 504 t 4.60. Tallow-Market nulet special to extra 17,'-i 2‘c. Dressed Poultry—Market. auiet; turkeys. 11 <h 27c * chickens 14fit 23c; broilers, 14fi, 27c fowl*' pLong Island ducks. llfi t 1 Live Pou.try—Market quiet; gees* 7@l2<" ducks. Br-,15c: fowls. 14@l<f C : turkev- 16 224?26c r °hrn!, rß ' chickens pullet" 224,26 c. broilers, 144-19 c Cheese—Market state whole milk fancy to special*' 10&20c; Young America, 11', 2 4$ li s c. ’ B>/ United PrmH CHICAGO, June 24.—Eggs—Market unsettled. receipts, 16.169 cases* extra firsts ceims'ni- fl " tS - ‘ 2, " l2 “c;' current receipts. IX'sc: seconds. 10‘ 2 c. Butter—Mar--16 r Un sr. ed A r . ecei ?, t ? 14 497 tubs; extras, 16',c ; extra firsts 15'*®i5' 2 c; firsts. 14^ Pfiunrc S *x? n< !r', 12ft 13^4C; st ndards. 16c S * asy j receipts 1 car. 40t in* s P nn ? Rr s 19c; Leghorns 7 ® lO S : gees * B '" Uc: turkeys 10 -,12c. roosters 9c; Broilers 16®21c: LeghT? in r .° 03 13 ' jC: stags lie. Cheese , 7s *' 04.4,.101C;0 4 . 4, . 101C; Young Americas. 10‘* 4,10 *c Potatoes—On track 176; arrivals, 5., shipment#. *93: market dull, steady; w,f consin Round Whites 60c Idaho Russi 1 304 l 7 S ° Uthern Triun,phi and Gobbler* CINCINNATI. 0.. June 24—Butter—s. a , C V, n /.r ocl ‘ No 2 9c No 3 ” f : butter *at extra fir*,*. 13. ; graded, 12c. Live Poultry—Fowls 5 lbs. and oter. 12' 2 c*. 4 lhs and over 12' 2 c: 3 los. and over. 11c: Leghorns. 3 lbs and ?! er J ot rooster*. B'jc; colored broilers, 1 2 .bs and over. 18c; 2 lbs and over, J.fiv fr I ra '. 3 Ih s- and over, 19c: partly feathered. '24jl4c; Leghorn broilers. 1 lb. and over lac: 1' 2 lbs and over 13c; 2 lbs. and over 16c; black springers. 12c: duck* H nd * r 3 lbs. sell at liberal concessions; ducks white 4 lbs. and over. 6c: under 4 'OS-. 5c colored 4 lbs. and over. 6c: under 4 it* sc; spring ducks white, 4 lbs and ° l *’ - }:'■ 4 lbs ■ 8c colored 4 lbs. and over. Kc.und-r 4 lbs . 8c: turkeys No. 1 hens. 8 Jbssnd over, 13c: young Toms No. 1, 10 lbs. and over. 13c.