Indianapolis Times, Volume 44, Number 42, Indianapolis, Marion County, 29 June 1932 — Page 28

PAGE 28

BREAK IN U. S. 1 BONDS SENDS STOCKS DOWN List in General Holds a Fraction Under Previous Close.

Average Stock Prices

Average of thirty industrisls for Tuesday 43 18, up .25. Average of twenty rails 13*5, o 31. Average or twenty utilities 17 09, off .04. Average of ofrty bonds 69 85, off .03. BY' ELMER C. YYALZER United Tress Financial Editor NEW YORK, June 29.—A sharp break in United States government bonds brought a reaction in the stock market today after the list had firmed up following an irregular opening. Losses in the United States government loans amount to 2-32 to 17-32 point. With the government's fiscal year ending with a deficit of nearly $3,000,000,000 and with public debt increased to around $19,500.000,000, some traders sold their holdings. Europeans had no apprehensions over American credit and the dollar continued to move up against European currencies. Declines were noted in all the principal exchanges with weakness pronounced in Dutch guilders, which dropped 4 points. Cotton Market Strong Commodities behaved better than stocks. Cotton was strong at gains ranging to 1 points. Sugar declined in early trading, but made up part of its loss. Wheat was about steady. In the share market, the same lethargy that has characterized recent sessions again was a dominant influence. Trading was further restricted by the action of the Exchange officials in granting a holiday on Saturday, making a threeday shutdown over the Independence day holiday. Prices of stocks around noon mostly were off fractions from the previous close. At 11 o’clock, the majority had registered minor gains. Steel Shares Weak A few exceptions to the fractional range were Proctor & Gamble which broke 2 4 points to anew low at 214, and National Biscuit, off IVi at 244. Steel Common reached 224 and then fell back to 214, off 4; Dupont, 234, off 4, and anew low; General Motors, 8, unchanged and equaling its low; Auburn, 45 4, up 4; Westinghouse Electric, 164, off 4; American Telephone. 76 4, off %; Atchison, 184, off 4, and Union Pacific, 304, off 4.

Bank Clearings

INDIANAPOLIS STATEMENT —June 29 Clearings Debits 4.449,000.00 TREASURY STATEMENT —June 29Net balance for June 27.. .$531,642,244.13 Expenditures 15,813,038.83 Customs rects month to date 15,373,151.19

Foreign Exchange

(Bv James T. Hamill <fc Cos.) —June 29Open Sterling. Eneland 3.60% Franc. France 0393 Lira. Italv 9^03 Franc. Belelum 1391 Mark. Germany 2376 Guilder. Holland J 037 Peseta. Spain 0825 Krone. Norwav J‘79 Krone Denmark 1965 Yen. Japan 2678

New York Curb Market

(Bv Thomson Ar McKinnon) —June 29 ' 11:00 11:00 Am Cvanamld. . 2 'St Resis Paper.. 1% Am G Ac Elec.. l%lSalt. Creek 3% Cent Sts Elec. %! Btutz 9% Cities Service . 2 Tr Air Tr 1% Elec Bd & Sh. s%iUn Lt & Pwr... 1% Fox Thea % Ut Pwr % Goldman Sachs. 1%1

New York Bank Stocks

tßv Thomson Ar McKinnon) —June 28Bid. Ask. Bankers 39 41 Central Hanover 87 91 Chase’National IS 21 Chemical 27% 29% City National . 23 25 Corn Exchange 40 43 Commercial 83 81 Continental 11% 13% Empire 13% 15% First National 870 970 Guaranty 162 167 Irving 13% 14% Manhattan Ar Cos 16% 18% Manufacturers 16% 18% New York Trust .' 54 57 Public 14 s * 16%

Investment Trust Shares

tßy James T. Hamill * Cos.) PRICES ARE TO 12 NOON —June 29 Bid. Ask. Am. Founders Coro com 25 .37' 2 Am Inv Tr Shares 1.25 1.50 Basic Industry Shares ... 1.25 .... Collateral Trus Shares A... 2.12' 2 2.62'i Corporate Trust new 1.18 1 25 Cumulative Trust Shares.. 1.78 2 12’ a Diversified Trus Shares A.. 4.00 .... Fixed Trust Oil Shares ... 1.25 Fixed Trust Shares A 4.25 .... Fundamental Trust Sh A.. 1.87'j 2.25 Fundamental Trust Sh B. 2.12' 2 2.50 Leaders of Industry A 1.75 .... Low Priced Shares 1.25 .... Mass Inv Trust Shares.... 9.50 11.00 Nation Wide Securities ... 1.60 1.80 N American Tr Shares 1.40 1.50 Selected Cumulative Shares 3.50 4 00 Selected Income Shares ... 1.75 225 Shawmut Bank Inv Trust. 25 1.50 Std Amer Trust Shares ... 1.70 Super Corp of Am Tr Sh. 1.50 Trustee Std Oil A 2.87'a .... Trustee Std Oil B 2.62 W 3.12's U 8 Elec Light &• Pwr A. 9.75 .... Universal Trust Shares... 1.37'j .... New York Liberty Bonds —June 28— Liberty Slis '47 101. Liberty Ist 4's ’47 101.20 Liberty 4th 4V*s ’3B 102.21 Treasury 4'ls 52 104.24 Treasury 4s ’54 102. Treasury 3 sis ’56 99.25 Treasury 3 J s ’47 98.3 Treasury 3Hc ’43 March 98,2 Treasury 3Hs '43 June 98.18 Treasury SHs '49 94.3 Treasury 3s '55 92.25 Chicago Stocks Opening (Bv James T. Hamill <fc Cos.) —June 29Cities Serv 2', Middle West ' Com Edison ... 52' 2 Natl Sec pfd 26' Houd Hersh (A) 4 Swift Inti IT* Insull cbm .... l| Walgreen Sirs.. 9 TRUST PLOTCHARGED Government Files for Injunction Against 136 Mining Companies. By Vnitfd Bret* WASHINGTON, June 29.—The government today instituted injunction proceedings in the United States district court at Lynchburg. Va., against 136 bituminous coal mining companies, charged with entering into a combination and conspiracy In violation of anti-trust laws.

New York Stocks

—Jyne 29 Railroad*— Prev. High. Low. 11 00 close. Atchison 19 184 18% 164 All Coait Line. 114 12 Bait ii Ohio 4’. 5 Ch**a Ar 0hi0... 10'. 10 10 9’, Chrsa Corp ~ 5% 5% Can Pac 84 1% BV. IS Cht Ort Wr*l 14 Chi N West 24 24 C.RIAP 2 He! A Hudson ... ... ... 35 Erie Ist pfd 34 Great Northern 84 S 64 6'* Illinois Central.’. 54 54 Lou A Nash 104 M K AT 2 Mo Pacific 2 Mo Facific pfd . . ... 34 34 N Y Centra! .. 104 10'. 104 104 Nickel plate 2 24 NY NH A H 74 Nor Pacific 64 64 64 64 Norfolk A West 57 O A W 44 Pennsylvania ! 74 74 Reading ... ... 11 So Pacific 74 7 Southern Ry 3 St Paul pfd 14 St L A S T 14 Onion Pacific ... 31 30 4 31 31 4 Wabash ... ... 1 Equipments— Am Car A Fdy 4 Am Locomotive 34 34 34 4 Am Air Brake 8h .. ... ... 74 Gen Am Tank 10 General Elec ... 94 94 94 94 Gen Ry Blgnal 8 Lima Loco ... 10 10 N Y Air Brake 44 Pullman 14 13’* 14 134 Wesfingh Ar B . . . 10 Westingh Elec .. 174 164 174 17 Rubbers— Firestone 104 Fisk 4| Goodrich 24 ... Goodyear 64 Lee Rubber 24 ; Motors— Auburn 474 45 4 47 % 454 I Chrysler 64 6 64 6 General Motors.. 8 4 8 8 8 Graham Paige .... ... ... 14 ; Hudson 44 | Hupp 1% Mack 12 12 Nash 94 94 Packard 14 14 Peerless ... ... 4 i Reo I*4 14 Studebaker 34 White Motors ... ... 74 1 Yellow Truck 14 14 Motor Access— Bendlx Aviation.. 54 5 54 5 Borg Warner 34 34 1 Eaton ... 3 ! El Auto Lite 94 94 El Storage B ~. 17 Murray Body ... ... 24 Stewart Warner 2'/8 Timken Roll 8 4 Mining— Am Smelt 84 64 Am Zinc ... ... 14 Anaconda Cop . 34 34 34 34 Alaska Jun 84 Cal A Hecla 24 Cerro dc Pasco 44 Dome Mines 94 94 Freeport Texas 10 ‘4 Homestake Min 124 Int Nickel 34 3% Inspiration 14 Isl Crk Coal 10% Kennecott Cop ... 54 54 Nev Cons 24 Noranda ... ... 114 Texas Gul Sul 124 124 U S Smelt .... 104 Oils— Amerada ..... .. ... ... 144 Atl Refining 10'4 Barnsdall ... 44 Houston ... ... 2 Sbd Oil 74 74 Mid Conti 44 Ohio Oil 7 64 7 64 Phillips 34 Prarie Pipe ... ... 7 Pure Oil 34 34 Roval Dutch.. .. ... ... 154 Shell Up 3 Simms Pt 34 34 Cons Oil 44 44 44 47a Skeliy 34 Stand of Cal ... 18 174 13 18 Stand of N J .. 23 4 23 4 23 4 23 4 Soc Vac 7 7 Texas Cos . 94 9% 94 94 Union OH 94 9 Steels— Am Roll Mills.. ... 44 4 Bethlehem 74 74 Byers AM.. 84 McKeesport Tin 324 Repub I & S 2 4 U S Steel 224 214 22 4 21 4 Vanadium ... ... 64 Young*'.. SAW 44 Tobaccos— Am Sumatra 34 ... Am Tob A New. .. ... ... 48 Am Tob B New. 49 4 48 4 49 48 4 Con Cigars 54 Lig A Myers B 38 Lorillarri 104 104 104 11 Reynolds Tob 264 27 4 Utilities— Adams Exn 2 2 Am For Pwr 24 Am Pwr A Li.. 4 4 4 4 4 4 A T A T 77 4 76% 77 4 764 Col Gas A El.. 6 54 6 64 Comb A Sou 2 Cons Gas 35 4 34 4 35 4 34 4 El Pwr A Li 24 24 Gen Gas A 4 Inti T A T 34 Lou Gas A*. El 114 Natl Pwr A Li ... 84 84 No Amer Cos ... 164 164 Pac Gas A El 194 194 Pub Ser N J 314 So Cal Edison 19 Std Hr A El 94 94 United Corn 44 Un Gas Imn .. .. ... 114 114 Ut Pwr ALA 24 24 West Union... 124 124 124 124 Sbinpinr— Am Inti Corgi . . 3 Inti Mer M nfd 14 United Fruit 124 13 Foods— Am Sug ... ... 17 Armour A ... 4 4 Cal Pkg 5 5 Can Prv ... ... 74 Coca Cola 82 80 82 81 Corn Prod 264 27 j Cudahy Pkg ... ... 21% I Cuban Am Sugar 1 Gen Foods . 204 Hershev ... ' 46 Kroger 104 104 104 104 Nat Biscuit 25 244 25 25 Natl Dairv 144 144 144 144 Purity Bek 54 5 54 ... Safeway St 35 Std Brands 94 94 Drugs— Cot.v Inc 14 14 Drug Inc 26 254 26 254 Lambert Cos ... 28% 284 Industrials— Am Radiator 34 34 Gen Asphalt ... ... 6 Otis Elev 11 Ulen 4 ... Indus Chems— Air Red 35% 35 354 35

Produce Markets

Delivered 1n Indianapolis prices; Hens heavv breeds. 11c; Le rhorn hens. 9c; broilers, colored spring! rs. 2% lbs and up. 16c: 2 to 2% lbs.. 14c; bareback and nartlv feathered 10c: Leghorn and black 1% lbs. and up. 14c; cocks and stags. sc: Leghorn cocks. 4c. Ducks, large white, full feathered and fat. sc: small. 3c. Geese full feathered and fat. sc. Young and old guineas. 15c Eggs—Approved buvire grades of Institute of American. Poultry Industries—No. 1. 11c: No. 2. 8c: No. 3. 6c. Butter—2l to 22c: undergrades 18 t.o 19c; butterfat 15c These prices for healthv stock, free from feed. No sick poultry accepted. Quoted bv the Wadlev Comoanv. By United Press NEW YORK. June 29—Pots toes—Market. firmer: southern. [email protected] barrel; Maine. $1.20® 1.50 barrel. Sweet potatoes —Market, steadier; Jersey baskets. $5.50® 1.65. Flour—Market, quiet: spring patents. $404.25 barrel. Pork—Market, firmer; mess. *18.25. Lard —Market, strong: middle west spot, $4.80®4.90 per 100 lbs. Tallow—Market, ouiet; special to extra. I%®> 2%r. Dressed poultry—Market, steady; turkeys. 10®27c: chickens. 14®27c; broilers. 15®29c: fowls. 9® 18c: Long Island ducks. 11014 c. Live poultry—Market, dull: geese. 7® 12c: ducks. 8® 15c; fowls. 14® 17c; turkeys. 10®20c; roosters. 12013 c; chickens. pullets. 18®23c; broilers. 14021 c. Cheese—Market, ouiet: state whole milk, fanev to specials. 10 0 20c; young Americas. 11%®11%c. By United Press CINCINNATI. A., June 29-Butter-Packing stock No. 2. 9c: No. 3.7 c: butterfat. 10® 12c. Eggs—Steady; cases included; extra firsts. 12%c: seconds. 10c: nearby ungraded. 12c. Live poultry—Thin and coarse stock setts only at heavy discount: fowls. 5 lbs. and over, 13c; 4 lbs. and over, 13c; 3 lbs. and over. 11c; Leghorns. 3 lbs. and over, 11c: roosters. 7%c; colored broilers. 1 ib. and over, 15c. 1% lbs. and over, 15c; 2 lbs. and over, 16c; fryers. 3 lbs. and over. 18c; 1% lbs. and over, 15c; 2 lbs. and over, 16c: fryers. 3 lbs. and over, 18c; partly feathered. 10® 12c: Leghorn broilers. 1 lb and over. 15c: 1% lbs. and over, 15c; 2 lbs. and over, 16c: black springers. 12c; ducks under 3 lbs. sell at liberal concessions; ducks white. 4 lbs. and over. 6c; under 4 lbs, sc; colored. 4 lbs. and ever. 6c: under 4 lbs . sc: spring ducks whl e. 4 lbs .and over. 9c; under 4 lbs, 7c; colored. 4 lbs. and over. 9c; under 4 lbs, 7c: turkeys. No. 1 hens. 8 lbs. and over. 13c; young toms No. 1. 10 lbs. and over. 13c. By United Press CLEVELAND. June 29—Butter—Market, steady: extras. 19%c; standards. 19%c. Eggs—Market, steady: firsts. 12%r: current receipts. 12c. Poultry—Market, steady: fowls. 13® 14c: medium fowls. 14®' 15c: Leghorn fowls. 11® 13c; heavv broilers. 20®22c: Leghorn broilers. 12® 15c: ducks. 10012 c; old cocks. 8® 10c: geese. 7®Bc. Potatoes—New York. 8101.15 per 100 lb sack; Maine Green Mountain, mostlv $1.15 per 100 lb. sack: Idaho Russet medium to large, mostly $1.4501.50 per 100 lb. sack. By T nited Press CHICAGO. June 29—Eggs—Market, steadv: receipts. 12.331 cases: extra firsts. 12%0!2%c; firsts. ll%012%c: current receipts.. 11c; seconds. 10c. Butter—Market. steadv; receipts. 13,667 tubs; extras 15%c: extra firsts. 15®15%c; firsts. 13% ®l4%c; seconds. 12%13c: standards. 15%c. Poultry—Market, weak; receipts. 53 trucks, fowls. 12%c: springers. 18c: leghorns. 9%c: ducks, 7010 c: geese. 8%llc; turkevs. 10 012 c; roosters, 9c. broilers. 16®20c; leghorn broilers. 12%®13%c; stags. 11c. Cheese—Twins. 9%®10%c; voung Americas. 10%®10%c. Potatoes—6n track. 145; arrivals. 84: shipments. 927: market, dull, steady to firm; southern and Missouri cobblers. $4 50ff l. 60; Texas triumphs, $1.60$ 1..5.

Allied Chem *4 454 414 46*-* Com Solv 44 44 Dupont 24% 24 4 24 4 24% Union Carb 164 16% 164 164 U 8 Ind Alco 154 Retail Store*— Assoc Dry Gds 3 Kresge S 8 .j. ... 84 May D Store 10 Mont Ward 44 4% 4% 44 Penny J C 144 Schuite Set St 1 1 Sears Roe 10 94 10 10 Woolworth 24 234 24 23 4 Amusements— Eastman Kod .. 39 384 39 394 Grigsby Gru 4 4 Loews Inc 154 Param Fam 14 Radio Corp ... 34 3 R-K-O .. 2 24 Warner Bros >, 4 Miscellaneous— City Ice A Fu 15 144 Congoleum ... 4 7 Proc A Gam ... 234 234 234 24 Allis Chal 54 5 5 54 Am Can 324 314 324 314 J I Case 224 214 224 214 Cont Can 184 Curtiss Wr 3 , 4 Gillette SR 12 12 Gold Dust 104 Int Harv 114 Int Bus M .. 624 Un Croft 74 7% 74 74 Transamerica .. 24 24 24 24

Bright Spots of Business

By United Press NEW YORK. June 29 —Consolidated Car Heating Company declared an extra dividend of *2 a share on the common stock. ST. PAUL. Minn.—Car repair shops of the Great Northern Railway resumed a full time basis with a forre of 1.550 workers, which wlil be increased bv 220 on July 5. NEW LONDON. Conn —National Whaling bank declared an extra dividend of 50 cents a share.

The City in Brief

THURSDAY EVENTS Advertising Club, luncheon, Columbia Club American Business Club, luncheon, Columbia Club. Real Estate Board, luncheon, Washington. Caravan Club, luncheon, Murat temple. Acacia, luncheon, Harrison. Illini Club, luncheon. Board of Trade. Engineers Society, luncheon, Board of Trade. Annual installation dinner and meeting of the Advertising Club on Thursday at the Avalon Club will be preceded by a glof tournament for members and guests. ‘‘Prohibition is a failure because morals can not be legislated,” Dr. Franklin F. Ritters asserted in an address at a Liberty party meeting Tuesday night at 129 North Miley avenue. Brightwcod Liberty Club will sponsor a meeting tonight at Twenty-fifth and Station streets,. Robert Sneed, 16, of 723 North West street, one of four youths suspected in theft of $64 worth of cigarets, was arrested Tuesday night. The others are at large. The cigarets were stolen June 16 from a Hamilton, Harris & Cos. truck parked in the rear of the Indiana theater. Products of the lldcll Works will be exhibited at the semi-annual furniture show to be held imhe Chicago furniture mart Tuesday, Howard T. Griffith, president, has announced. After admitting theft of an electric pump from a west side home, according to police, three men were arrested early today for vagrancy. They are Carlos Farley, 30. of 1626 Alton avenue; Floyd Fykes. 32. of 1103 Westbrook street, and Roy Poole. 26. of 1127 Alton avenue. Headquarters of the Eightyfourth division, organized reserves, will be moved to the Chamber of Commerce building Thursday, it has been announced. Major W. W. Carr is acting chief of staff of the Eighty-fourth, and Major J. V. Stark, acting adjutant-general. Otis Law, 26, wanted in Lansing, Mich., on a false pretense charge, was arrested Tuesday night by police on a fugitive warrant.

In the Cotton Markets

CHICAGO —June 28High. Low. Close. January 5.78 5.70 5.78 March 5.93 5.87 5.90 Julv 5.32 5.28 5.32 October 5.55 5.47 5.54 December 5.69 5.61 5.69 NEW YORK January 5.71 5.63 5.64 March . 5.85 5.78 5.81 May 6.01 5.94 5.97 July 5.24 5.15 5.22 October 5.47 5.40 5.46 December 5.62 5.54 5.60 NEW ORLEANS January 5.66 5.60 5.65 March 5.80 5.78 5.79 May 5.95 5.90 5.95 Julv 5.28 5.21 5.28 October 5.45 5.37 5.43 December 5.60 5.51 5.58 Other Livestock l >;/ l nitcd Press CINCINNATI, June 29.—Hogs—Receipts, 7.200; including 2,600 direct; held over none; moderately active, mostly steady; spots weak to a shade lower on weights above 225 ibs.; better grade. 160 to around 225 lbs., $5: 230-300 lbs., 54.70®5; 130-150 lbs., $4.60((i4.75; bulk sows. $3.25; smooth lightweights up to $3.50. Cattle—Receipts, 1.000; calves, 400; slow, steady to weak; quality generally plain; odd lots, common and rnedium steers and heifers. $4.25(4 5.75; a few short fed mediums, $6; practically nothing here of value to sell above; grassy beef cows, $2.50®3.25; good fed kinds quotable up to $4: bulk low cutters and cutter cows. $1.255i2.25; bulls, $3.25 down; vealers steady to weak; good and choice handy weights. $5.50®6; heavyweights and lower grade handy weights, $5 down. Sheep—Receipts, 5,300: a few early sales lambs steady to weak, $6.50® 7: later bids 25c to mostly 50c lower at $6.50 downward on better grades: generally market not established; fat ewes, sl®2. By Times Special LOUISVILLE. June 29. —Cattle—Receipts. 150: steady; bulk common and medium grass steers and heifers. $4.25®5.50: good kinds on drvfed order eligible to $6.50 and cbove beef cows and bulls mostly $3 down; low cutters and cutters. sl@2: bulk light stockers. s4*/5. Calves—Receipts, 250: steady; good and choice. $4®4.50: medium and throwouts. $3.50 down. Hogs—Receipts. 700: market, not established: bidding 10c lower and asking 5c lower or $3.85 for best light weights. Sheep—Receipts. 1.500: moderately active, steady with Tuesday's decline: better grade lambs. $5.50 to mostly $6; with few choice. $6.25<if6.50: bucks, mainly $5; few. $5.25; medium and lower grade lambs. $5 down to $3.50 for throwouts; fat ewes, mainly sl*32. Tuesday's shipments—3o cattle; 105 calves: 137 hogs and 1.286 sheep. By United Press TOLEDO. June 29.—Hoes—Receipts, light; market, steadv. Cattle—Receipts, light: market, steadv. Calves—Receipts, light: market, steadv. Sheep and lambs— Receipts light- market steadv. LOSES DOG IN ACCIDENT Pel Leaps From Woman's Arms When She Is Hit by Car. Suffering today from a kneecap injury incurred Tuesday night when she was strucK by an automobile at Ohio and Pennsylvania streets. Miss Babe McFadden, 23. Moline, HI., is bereft of her pet dog, which she carried in her arms at the time of the accident. The dog ran from the scene and no trace of it has been found. The car was driven by Alexander R. McCallum, 3420 North Meridian street. * *

THE INDIANAPOLIS TIMES' .

PORKERS DIP 5 CENTS IN DULL TRADING RANGE Grass-Fed Cattle Display Firm Trend; Sheep Move Off. Evidence of a slightly topheavy market was apparent in hogs this morning at the city yards. Owing to the rest of the circuit not following the full advance here prices slumped slightly, 5 cents in most cases. The bulk, 100 to 350 pounds, sold for $4.50 to $4.90; early top holding at $4.90. Receipts were estimated at $6,500: holdovers were 275. In the cattle market all grass fed classes were tending higher. Others showed little change. Several steers sold as high as SB. Receipts were I. Vealers were steady at $5.50 down. Calf receipts were 600. Sheep were around 50 cents down from Tuesday. The range held around $6 and lower. Receipts were 2,000. Displaying a slow and dull trading range, hogs at Chicago this morning held around steady with Tuesday's average. Good to choice porkers weighing 180 to, 210 pounds, sold for $4.85; best kinds sold upward to $5, while few light packing sows were salable at $3.75 to $4.10. Receipts were estimated at 16,000, including 2.000 direct; holdovers 4.000. Cattle receipts numbered 7.000; calves 1,500; market steady. Sheep receipts were 7,000; market unchanged. HOGS June _ Bulk. Top. Receipts. 22. $3.75 Id +.20 $4.25 5,500 23. 3.85® 4.30 4.30 5.500 24. 4.00® 4.45 4.45 6.500 25. 4.15® 4.60 4.60 5.000 27. 4.45® 4.85 4.85 5.000 28 4.50® 4.95 5.00 6.000 29. 4.50® 4.90 4.90 6,500 Receipts, 6,500s market, lower. 1140-160) Good and choice. ..$ 4.75 —Light Lights—-(l6o-180) Good and choice.... 4.90 —Light Weights—-(lßo-2001 Good and choice..., 4.90 1200-220) Good and choice.... 4.80® 4.85 —Medium Weights—--1220-250) Good and choice... 4.70® 4.80 1250-290) Medium and g00d... 4.60® 4.65 —Heavy Weights—-(29o-350) Good and choice.... 4.50® 4.60 •—Packing Sows—-(3so-5001 Medium and g00d... 3.25® 4.15 (100-130) Slaughter pigs 4.50® 4.65 CATTLE Receipt*, 1,100; market, steady. Good and choice $ 6.23® 8.00 Common and medium 4.00® 6.25 (1.000-1.800) Good and choice 6.50® 6.25 Common and medium 5.25® 6.50 —Heifers— Good and choice 5.50® 6.75 Common and medium 3.50® 5.50 —Cows— Good and choice 3.25® 4.25 Medium 2.50® 3.25 Cull and common 1.25® 2.50 —Bulls (yearlings excluded)— Good 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® 6.00 Common and medium 3.25® 4.50 SHEEP AND LAMBS Receipts, 2,000; market, lower. Good and choice $ 5.00 fa 6.00 Common and medium 3.00® 5.00 Ewes, medium and choice I.oo® 2.00 Cull and common 50® 1.00 Other Livestock Bn United Press CHICAGO. June 29. Hogs Receipts, 16,000, including 2.000 direct; moderately active, strong to 10c higher; 180-240 lbs., $4.80®'4.90; practical top. $4.95, scattered lots $5; 250-300 lbs.. [email protected]; 140-170 lbs., $4.50®1.80: pigs, $4®4.5(i; packing sows, $3.60® 4.25; light, lights, 140-160 lbs., good and choice. [email protected]; lightweights, 160-200 lbs., good and choice, $4.65®4.95; medium weights. 200-250 lbs., good and choice. $4.70®.4.95; heavyweights, 250-350 lbs., good and choice, 54.40®4.80: packing sows. 275-500 lbs., medium and good, $3.50 04.25; slaughter pigs, 100-130 lbs., good and choice, $4®4.50. Cattle—Receipts, 7,000: calves, 1.500; grain fed steers and yearlings including light heifer and mixed yearlings, strong to 2oc higher, mostly 10®j 15c up; active at advance; grass steers slow' at $5.75 down to $4, but all she stock firmer; top steers. $8.50, new' high on recent advance; bulk grain fed, [email protected]; slaughter cattle and vealers, steers, 600900 lbs., good and choice, $7®8.50; 9001.100 lbs., good and choice, $7®8.60; 1.1001,300 lbs., good and choice. [email protected]: 1,3001.500 lbs., good and choice, $7.25® 8.60: 600-1,300 lb?., common and medium, $3.75® 7.25: heifers. 550-850 lbs., good and choice, s6® 7.25: common and medium. $3.25®6.25; cows, good and choice, s3®s; common and medium. $2.50®3; low cutter and cutter cows. $1.50®2.50; bulls, yearlings excluded, good and choice beef. $3.2504.75; cutter to medium,, $2.75®3.40; vealers. milk fed. good and choice. ss®6: medium. s4®s: cull and common. s3® 4: Stocker and feeder cattle, steers. 500-1.050 lbs., good and choice. ss® 6.25; common and medium, $3.25®5. Sheep —Receipts, 7,000; fairly active, mostly steady; desirable native ewe and wether lambs. $5.50®6 to packers, best $6.50 to city butchers; choice Idahos. $6: first Washingtons of season held higher; slaughter sheep and lambs, lambs. 90 lbs. down, good and choice. $5.5006.50; medium. $4.75 ®5.50; all weights, common. $4®4.75: ewes. 90-150 lbs., medium to choice. $1®2.25: oil weights, cull and common, [email protected]; feeding lambs, none. By United Press EAST BUFFALO, June 29.—Hogs on sale —Receipts. 500; active, weights above 150 lbs.. 25®35c lighter; others about steady; good to choice, 150-260 lbs., $5.50®5.60; plainer lots, $5.25®5 40; pigs. $5.25; packing sows. 53.25®3.50. Cattle—Receipts, 350; steers steady; cows firm; medium to good dry fed steers. $6.25® 6.75; cutter cows, $1.50®2.50. Calves —Receipts. 150; vealers unchanged. $7 down. Sheep—Receipts. 600; better grade lambs, 25c lower; medium to lower grades 50c lower and almost unsellable: good to choice natives. $7; few ewes and wethers. $7.25; fat bucks. $6.25; throw'outs, [email protected]; inferior kinds, $3 and under. by United Press EAST ST. LOUIS. Til., June 29.—Hogs— Receipts. 8.500; market, steady to 10c higher; top. $4.85; bulk. 150-240 lbs.. $4.65 ®4.80: 250-300 lbs.. 54.40®4.65; 100-140 lbs., 54.35® 4.65: sows. $3.40® 3.60. Cattle—Receipts, 2.500; calves, receipts 1,500: market moderately active ana steady on all classes except vealers, with vealers 25c lower at $5.25; a few steer sales. $6.25® 7.65; mixed yearlings and heifers, ss® 6.50; cows, $2.25®3.25; low cutters. sl® 1.50: top sausage bulls. S3. Sheep Receipts. 5.000; market, steady: bulk desirable lambs to packers. $5.50: choice kinds to city butchers. s6® 6.25: buck lambs, $1 less; throwouts $3; fat ewes. $1 © 1.50. By United Press PITTSBURGH. June 29.—Hogs—Receipts. 3.000: market, fully 25c higher; 150-220 lbs. *5.25® 5 40; 230-260 lbs.. 55®5.20: 100140 lbs.. $4.70® 5.15: packing sows, $3®3.50. Cattle—Receipts. 15; market, unchanged; good steers and yearlings. $6.50® 7.50; common and medium grade. $4.50®6.25; medium to good heifers. 54.65®6; calves, receipts. 100: market, steady: top vealers. $6.50: medium and good grade, ss®6. Sheen—Receipts. 500: market. mostly steady: good to choice 65-75-lb. lambs, $6.50® 7; light weights and medium grade. $4.75(3.6.25; better grade wethers, $2®2.50. By United Press CLEVELAND. June 29—Hogs—Receipts. 11. holdover, none: steady to 10c or more higher; 150-230 lbs.. $5: top. $5.10; on 160-180 lbs. selected. 240-300 lbs., $4.50®4.65: pigs. $4.75. Cattle—Receipts. 250: steady; scattered grain fed steers active; grassers, $5.25 to mostly $5.50: giade common; others upward to $6.25: grain feds. $7: cows. $1.50® 3.25; sausage bulls. $2.75®3.59; calves, receipts, 900: native vealers. steady: dull on southern calves; good to choice vealers. $6.50 to mostly $7. few higher; common to medium. ss® 6: heavies $6 50 down. Sheen— Receipts. 500: weak to 25 cent lower again; lambs largely $7 downward; common throwouts. $4.50® 5. By United Press FT. WAYNE. Ind.. June 29.—Hogs—Market. 15® 20c higher; pigs. *4.50® 4.75; light l:gfiita. $4.75® 4.90: lights. $4.90® 5; mediums, $4,750 4.90; heavies. $4.6004.75; stags. $2.50: calves. $5.50®6: ewe and wether lambs. [email protected]; bucks, $4®4.50. By United Press LAFAYETTE. Ind.. June 29 Hogs—Market. steady: 160-200 lbs., $4.75: 200-210 lbs.. $4.70; 210-225 lbs.. $4.65: 225-235 lbs.. $4.60; 235-250 lbs.. $4.55: 250-275 lbs . $4.50 : 275300 lbs. $4.45: 300-325 lbs.. $4.40; 150-160 lbs.. $4.40: 130-150 lbe.. $4 20: 100-130 lbs.. $4; roughs. $3.75 down; top calves. $5; top lambs. $5.50

BELIEVE IT or NOT

Be/melt or Not TOTALLY BUND * ” Gerald spencer ho 1" Gcucn Guild Carre' RIDGEVIEW Country CLUB, Duluth, ID3I W&tch ® I*l2 King hVtW* Syndicate. Jne.Elfrii* Britain rijhu rrvrvciL *-

Dow-Jones Summary

Horn A? Hardart Company of New York declared the regular Quarterly dividend of 62% cents on common stock, payable Aug. 1. of record Julv 11. Gulf Mobile and Northwestern in Mav reported net operating deficit of $33,673 against net onerating income of $6,079 in May. 1931: five months net operating deficit amounted to $85,985 against net operating income of $33,280. Peoples National Bank of Brooklyn declared a dividend of $2.50. payable July 1. of record June 28. Central Bank and Trust Company of Chicago omits auarterlv dividend, due at this time; paid $2 in previous Quarter. Barcelona Traction Light and Power Company Ltd, in 1931 reported profit amounting to $1,460,362 after all charges, but before deduction of $400,000 for general reserve, against profit of $2,714,986 in previous year. Dillion Read At Cos. state that, $102,000 principal amount of the. thirty-year 6% per cent debentures dues 1959 have been drawn for redemption at par. Aug. 1. Bunker Hill. Sullivan Mining and Concentrating Company in five months ended May 31. 1932. profit before depreciation and depiction amounted to $107,560 against $475,869 in like 1931 period. General Outdoor Advertising Company in auarter ended March 31. 1932 reported consolidated net loss at *816.089 after depreciation. interest, amortization, etc, against net loss of $650,217 in first quarter of 1931. Canadian Pacific in Mav showed net onerating income of $737,365 against $1,074,248 in Mav. 1931: five months amounted to *3.673.262 against $4,886,534. New York Central car loadings in week ended June 25. amounted to 33.837 cars, against $36,105 in previous week and 51,933 in like 1931 week. Gasoline stocks in week ended June 25, declined 2,349,000 barrels to 38.913,000 barrels, according to American Petroleum; domestic crude oil output in week averaged 2.156,100 barrels daily, off 41,450 from previous week, New York Railways Corporation reported net loss amounting to $293 after taxes and charges, against net income of $8,245 1931: five months net loss totaled $85,215 against net loss of $69,242 in first five months of 1931.

Net Changes

By United Press NEW YORK. June 28.—Closing prices and net changes on principal ■stocks traded today on the New York Stock Exchange follow: Allied Chemical 45*4 ° ff ' American Can 31 b l s a American Telephone re 7 .* v 4 Atchison i7 7 a ji.j Auburn 4514 3 3 4 .. Bethlehem Steel 7’/-> 14 Case 2114 % Chesapeake & Ohio 9% .. / 4 Chrysler, unchanged 6 Consolidated Gas 34% * 2 " Consolidated Oil 4L, 14 Du Pont, unchanged 21’ 4 Electric Power, unchanged 27* General Electric 914 % General Motors 8 .. i. International Nickel 3 7 * .. y, Loew's Inc 1514 y 3 Montgomery Ward. unch.. -4' 4 !! N Y Central i0 3 4 >4 North American 16 3 4 v a Pennsylvania 7*4 14 Public Service 31' j -S Sears Roebuck, unchanged 10 Standard Oil Calif 18 '/ Stand Oil N J 23 1/, Trans-America, unchanged 2 5 * Union Carbide 16’' 2 >* Union Pacific 30*, 3 4 U S Steel *.,. 21 % .. V* Western Union 12 3 4 * 4 Westinghouse El 17 V 4 Wool worth 23 V 2 V, Births Boys Donald and Hele Backus. 1211 Park. Joe and Ruth Blazek. Methodist hospital. Mark and Gladys Terrill, Methodist hospital. George and Dorotflv Erber, Methodist hospital. Ca’-ro'l and Ruby Berkshire. Methodist hospital. Orin and Mary Wiles. Methodist hospital. Girls Oliver and Mildred Messer, 403 West Merrill. Paul and Martha Graham. 1320 Sturm. Arthur and Lola Boyer, Methodist hospital. Hrold and Opal Taylor, Methodist hospitv Wilbert and Sarah Hull. Methodist hospital. Deaths Prank "l Re—’". *3. 2241 Northwestern, acute '•a-dia'- dilatation. Juanita Adams Horton. 31, St. Vincent's ho'nit**!. mt* n-'ncreatis. Shipley Hatfield. 41. Central Indiana ho'nital. eron'v interstitial nephritis. Eliza nna Wills. 34, city hospital, acute mvnearditis. Malissa Smith, 40. city hospital, erysipelas Jennie M. Floyd. 84. 1551 West New Yovk. cardto vascular renal disease. Brah A. Woods. 62. 3810 East New York .chronic myocarditis. Purl Paddick, 37, 810 North Bradley, sarcoma. Loyd Weeden. 8 mos., 1442 Shepard, whopping cough. Jennie G r enwald. 54. St. Vincent's 10spital, lntestishi obstruction.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

Following is the explanation of Ripley's ‘ Believe It or Not” which appeared Tuesday in The Times: A Wonder of Prolificity—Lope de Vega (1562-1635), famous Spanish playwright, soldier, sailor and poet, wrote his first play in four acts at the age of 11. Thereafter for sixty years, crowded with every imaginable adventure and activity, he wrote books and plays in astonishing profusion. The number of books written by him was so enormous that the feat of transcribing them is in••credible in itself. Some of his four-act plays were composed, written and produced within 24 hours. In addition to 1,800 plays he wrote, 400 “autos” and 1.900 other books. Some of these books were exceedingly voluminous, among them the poem, “Jerusalem Conquered,” of 22,000 verses. Thursday: The Most Unusual Magic Square.”

Local Wagon Wheat

Cit.v grain elevators are paying 36c for No. 2 red wheat and 36c for No. 2 hard wheat. TEN TONS OF COPPER WIRE STOLEN; HOLD 3 Abandoned Interurban Line Is Looted for Junk. Theft of nearly ten tons of copper wire from an abandoned interurban line was believed solved today with arrest of three men on vagrancy charges. The suspects are Fred Foster, 16, Charles Dillon, 26, and Harley Lukins, 33, all of 3656 West Tenth street. The arrests were made in an intensive drive by police to halt vandalism and thefts resulting in loss of hundreds of dollars of property of abandoned lines. Eight persons already have been convicted and imprisoned for the offense. ORDERS LICENSE DRIVE Campaign Started on Trucks, Trailers and Tractors in City. Campaign against the operation of trucks, trailers, semi-trailers and tractors without city licenses has been started by Captain Otto Ray, in charge of city license enforcement. Records of'the secretary of state are being checked to obtain names of state license holders, Ray said, and the list will be compared with city records. Owners found holding state licenses and operating in the city without license will not be notified, as in the past. Affidavits will be made immediately, Ray declared, for the arrest of violators. Plumbing Permits H. R. Meyer, fairground artillery barn. B. A. Wilson, 952 North Tacoma, RAW SUGAR PRICE3 —June 28High. Low. Close, j January 99 .94 .94 | March 1.01 .98 98 May 1.06 1.01 1.01 September 91 .86 86 December 97 .93 93

Zaiser & Zaiser Incorporated Brokers Stocks and Bonds 129 E. Market Lincoln 9375 Lincoln 1167

James T. Hamill & Company Private Wire* to All Leading Markets Indianapolis * MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapoll* Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel., mice *493 —Klley 54M

Vi Registered C. • IJ J. Patent Off!?* RIPLEY

Cash Grain

—June 28— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were: Wheat—Firm: No. 1 red. 58059 c: No. 2 red. 37®>38c: No. 2 hard. 37®38c. Corn—Steadv: No. 2 white. 23&24e: No. 3 white. 22023 c: No. 2 yellow. 22023 c; No. 3 vellow 210 22c: No. 2 mixed. 21@ 22c: No. 3 mixed. 20®21c. Oats—Steadv: No. 2 white. 16%<£17%e; No. 3 white. 15%® 16%c. Hav—Steadv: 'F. o. b. country' points taking 23%c or less rates to Cincinnati or Louisville.) No. 1 timothy. *7&7.50; No. 2 timothv. *6 0 6.50. —lnspections Wheat—No. 2 red. 2 cars; No. 3 red. 1 car. Total. 3 cars. Corn—No. 3 white. 1 car: No. 6 white. 1 car: No. 2 vellow. 5 cars. Total 7 cars. Oats—No. 2 white. 6 cars; Mo. 3 white. 7 cars. Total. 13 cars. By United Press CHICAGO. June 28. —Cash grain close: Wheat—No. 3 red, 48’2c: No. 1 vellow hard. 49%c: No. 3 mixed, 48%c. Corn—No. 2 mixed. 30%c: No. 1 vellow. 30%®31c; No. 2 yellow, 30%®31c; No. 6 vellow. 29c; No. 1 white, 30%c; No. 2 white. 30%e. Oats— No. 2 white. 206®)21%c; No. 3 white. 19% ®2o%c. Rye—No sales. Bariev—3o®3sc. Timothy—[email protected]. Clover—s9® 14. By United Press TOLEDO, June 28.—Close: Grain In elevators, transit billing. Wheats—No. 2 red. 49%®50%c. Corn—No. 2 yellow. 33® 34c. Oats—No. 2 white, 24®25c. RyeNo. 2, 36%®37%c. Track prices. 28%e rate. Wheat—No. 2 red. 44%®45c: No. 1 red, lc premium: No. 3 red. % to 3 cents discount: No. 4 red. 2% to 4 cents discount. Corn—No. 2 vellow. 29®29%c; No. 3 vellow. 28®28%c. Oats—No. 2 white, 21® 22c: No. 3 white. 20®21c. Butter—2lc. Eggs—l3c. Hay—Boc per cwt. DIES James Leary, New York Official, Collapses at Convention. By United Press CHICAGO, June 29.—James E. Leavy, New York City, deputy commissioner of motor vehicles for the state of New York, collapsed today while entering the Chicago stadium and died at the Presbyterian hospital. He was 70 years old. The cause of his death was not determined immediately. Levy had come to Chicago to attend the Democratic national convention as a spectator.

Dollar Sale f 500 Pairs quality Summer shoes. Discontinued styles brought together for immediate clearance! Mostly • novelties. Amazing values! While , they last! H > 18-20 E. Washington

Government and Municipal Bonds The Union Trust Cos. of Indianapolis BOND DEPARTMENT 120 E. Market St. Indianapolis

.TUNE 29, 1932

LIQUIDATION IN WHEAT FORGES VALUESLOWER July Option Shows Evidence of Heavy Pressure: Trade Light. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, June 29.—Scattered liquidation in July wheat gave the market a slightly lower trend as the Board of Trade opened today. Liverpool was firm but stocks were irregular. The Canadian crop report was slightly bearish although indicating a need for moisture and some grasshopper damage. News took a secondary place, trade generally being light. Corn was steady and dull. Oats was about steady but rye weakened with wheat. At the opening wheat was unchanged to % cent lower; corn was unchanged to 4 cent higher; oats unchanged to 4 cent lower, and rye Vt to 4 cent lower. Provisions reacted on profit-taking and selling cf July, starting weak. Liverpool opened about as expected and at mid-afternoon was 4 to 4 cent higher. Sentiment remains mixed. Bulls believe the reports of injury from the high temperatures in the northwest and rain damage in southwest are laying the foundation for a better market. The great improvement in the cash demand and firmness in whpat late were the chief factors in corn Tuesday. Sales of 269,000 bushels and charterings of 345,000 bushels more were very heartening. The nearby deliveries of oats and rye set new low's Tuesday. Oats was the lowest since 1897. Chicago Grain Range 1 —June 29 WHEAT- Prev. High. Low. 10:00. close. July 48% .48% .48% .48% Sept 51 .50% .51 .51% Dec 54% .54 .54% .54% CORN— July .... .29 .28% .29 .28% Sept 3 33 * .31% .31% .31% Dec 32% .32% .32% .32% OATS— July 19% .19% .19% .19% Sept 20 .19% .20 .20 Dec 22% 22 .22 .22% RYEJulv 28% .28% .28% .28% Sept .31% .31% .31% .31% Dec 35 .34 .35 .35% LARDJuly 4 50 4 49 4.50 4.52 Sept 4.57 4.55 4.55 4.57 Oct 4 60 4.60 Jan 4.50 4.42 By Times Speeinl CHICAGO. June 29.—CarlotS' Wheat. 4S corn, 38; oats, 25; rye. 1, and barley 2. By Times Special CHICAGO. .Tune 2A—Primarv receipts— Wheat. 556.000 against 1.873.000; corn. 179.000 aeainst 728.000: oat.s. 149.000 ?cainst 112.000. Shipments—Wheat. 552.000 aeainst 1.671.000; corn 84.000 aeainst 372.000; oats. 62.000 aeainst 194.000. NEW YORK COFFEE RANGE —Junj 28— High. Low. Close. December 6.18 6.17 6 IT

No Axe to Grind This Company has “no securities for sale.” Its function is to provide an open market for the sale and purchase of real estate bonds and stocks and other unlisted securities, and thereby determine their values under the law of supply and demand. This Company does not give advice regarding securities. But it does give information. It will gladly make its statistical files available to any investor, his banker or to his attorney. Write us for statistical information or prices. Zaiser & Zaiser INCORPORATED ’ Brokers’ Stocks and Bonds 129 E. Market St. Riley 2167 Lincoln 937S