Indianapolis Times, Volume 44, Number 63, Indianapolis, Marion County, 23 July 1932 — Page 9
JULY 23, 1932
BULLISH NEWS REPORTS SEND STOCKS HIGHER
Rail and Oil Shares Lead as List Moves Upward; Steel Firm.
Average Stock Prices
Average of thirty Industrial* for Thursday 46 50. up 107. Average of twenty Tasia 14.78, up .75. Average of twenty utilities 1* 48. up 26. Average of forty bonds 72.46. up .50. BY ELMER C. WALZER United Frees Financial Editor NEW YORK, July 22.—Favorable factors in a diversity of businesses shook the stock market out of its recent lethargy today and sent prices up fractions to 3 points. Trading was the heaviest since June 3 * when 1,900,000 shares changed hands. According to preliminary calculation, the Dow Jones & Cos. industrial average stood at 47.69, up 1.19 points; railroad, 17.49, up .73, and utility at 18.98, up .52. Sales totaled 1,400,000 shares, compared with 900,000 shares Thursday. Aggreate market values of 10 leading stocks was $4,118,847,636 against $3,996,621,979 Thursday, an advance of $122,225,657. The Dow-Jones averages rose to the highest levels since June 16 with the railroad average more than 30 per cent above its recent low; industrial 13 per cent up and utility average 12 per cent up. Bond List Soars Rising stocks had a strong background in a bond market where railroad issues soared 1 to 10 points and other issues ruled Arm in more active turnover. Wheat joined the procession with gains ranging above a cent a bushel. Lard jumped 13 to 18 points, responding to advances of 10 to 25 cents per hundredweight in hogs in various market. Rubber futures soared to new highs on the movement; cotton gained more than 50 cents a bale; sugar rose several points; silk ruled firm; the American dollar held steady to firm. The immediate cause of the broad rally was the decision of the interstate commerce commission to authorize the four-party eastern railroad consolidation program. This brought a sharp rise in railroad bonds and corresponding gains in rail stocks. A brillant earners report by Atlantic Refining, which reported net of sl.lß a share for the first half of 1932, against a huge net loss in the corresponding 1931 period, helped the oils to continue their recent advance. Dollar Wheat Forecast Other factors helping the petroleum group were improved statistics and prospects of higher prices for crude oil. Other factors of market importance which helped the rise were: Signing of the two-billion-dollar relief bill by President Hoover; further predictions of dollar wheat, steadiness in retail trade reported by the weekly reviews; a favorable report for the second quarter by CChrysler Corporation; bright outlook for railroads to meet Aug. 1 requirements, and anothel nog list of bright spots in business coming in from all quarters of the country. Reports simmered into the street that the United States Steel Corporation directors might declare the regular dividend. This was responsible for investment buying in the preferred and it moved up to above 62, against a previous close of 60%. The commdn stock also was in demand. Auburn Auto Strong If a regular dividend is declared on Steel preferred, it would be interpreted as reflecting belief of director that a turn for the better in the industry had come. Auburn Autmobile shot up more than 4 points and held most of the gain, the advance being attributed to short covering. Shorts also were punished in a long list of other shares, including the Case issues, Allied Chemical and American Telephone. In the railroad group. Jersey Central rose 5 points, and Delaware Ar Hudson more than 3, while gains of a point or more were noted in Baltimore & Ohio and Union Pacific. Atlantic Refining made anew high in the oils and substantial gains were held by others of the group. Sugars held firm, as did tobaccos.
Bank Clearings
INDIANAPOLIS STATEMENT —July 22Clearings *1,781.000 00 Dblts 4,189,000.00 TKEASURT STATEMENT —July 22Net balance for July 20 $199,036,145.95 Expenditures 7,447,106.32 Customs rects.. mo. to date.. 11,463,881.69
New York Bank Stocks
(Bv Thomson & McKinnon) —July 22 _ . Bid. Ask Bankers 4S’ 4 50 3 i Brooklyn Trust j2g 143 Central Hanover 931, 971.!, Chase National 24 ft?* Chemical 29 3 City National *. 29. 3 Corn Exchange 49 s, Commercial <) iho ggM?toi ‘SS* First National’7.Y.W.*.**.’* #so’* 1 050 ’ 4 Guaranty 193 197 Irvine isrt ig7i Manhatten & Cos 19 21 j <n fljj Births Girls Lyons* * nd Martha oldhan L 337 North Kenneth and Rhea Downs, St. Vincent hospital. Kenneth and Katherine Lemons Methodist hospital. Glynn and Jean Bennett, Methodist hosp i t ji 1 , Clarence and Loraine Burnette. Methodut hospital pita!*° n and Dolopea Gray - Methodist hosLe Roy and Betty Roberts, 1902 North jiiinoii. Hot* Paul and Gladys Ritter. 1546 Leonard Subiett. 657 Holly. Mitchell and Amelia Crist. St. Vincent s hospital. Robert and Margaret Hiner. St. Vincent a hospital. and Jessie Stiles. Methodist hoswmton and Cora Bennett, 317 North Mount. New York Liberty Bonds —July 32 AV 101 23 Treasury 4*s 10.12 3 95.7 • 102 2* Treasury 3*as of '47 99.15 Treasury of ’43 March 100 Treasury of ’43, June 99 24
New York Stocks ' B Thomson A McKinnon By l nited Pres NEW YORK, July 22 —Sales on the New York Stock Exchange fotaled 1.400,000 shares. Curb stocks sales were 100,000 shares. -July 22Prev. Railroad*— High. Lew Close, Close. Atchison 27'.* 25"* 27 26’, At! Coast Line.. 14 13’a 14 13’* Balt it Ohio ... 8% 7% 8 6% Chesa <fe Ohio.. 13** 12% 13 12% Chesa Corp 8% 7% 7% 6'. Chi & Alton 7 Can Pac 11% lit* 11% 11% Chi Grt West 2% 1% 2 Chi N West 4 3% 3% 3% C.BX 4 P 3% 3% 3% 3% Del L & W 13 % 12 13 12 Del it Hudson.. 47% 45 47 44% Erie 4 3% 4 Erie lit pfd 4% 4% 4% ... Great Northern.. 9\ 8% 8% ... Illinois Central.. 8% 7% 7% 7% Kan Cltv So ... ... 5 Lou it Nash 13% 13 M. K it T 3% 33% 2% Mo Pacific 2% 2% 2% 2% Mo Pacific pfd . 5% 4% 5% 4V* N Y Central... 13% 13% 13% 12% Nickel Plate... 4,3% 4 2% NY NH it K 9% 9% 9% 9 Nor Pacific 11% 10% 10% 10% Norfolk it West. 68 67% 68 67% O & W 7% 6\ 7% 6% Pere Marq 3% ... Pennsylvania .. 9% 8% 9% 9 So Pacific 9% 9% 9% 9 Southern Ry ... 4% 3% 4% 4 St Paul 1% 1% St. Paul pfd 2 2 St L <fc S F .... 1% 1% 1% 1% Union Pacific .. 37% 38 36% 36 Wabash 1% 1% 1V 1 W Maryland ... 4 3% 4 3% Equipments— Am Car it Fdy.. 5% 5 5% 4% Am Locomotive. 7% 7 7 6% Am Steel Fd 4% 4 Am Air Brake Sh 8% 8 8% ... Gen Am Tank.. 12% 11% 12% 12 General Elec ... 11% 10% 11 10% Gen Ry Signal.. 10% 9% 10% 9 N Y Air Brake 5 5 Poor & Cos 2% 2% 2% ... Pullman 14% 14 14 V* 14% Westingh Elec.. 19% 18% 19% 18% I Rubbers— Firestone 11V 4 Goodrich 3% 3% 3 % 3% Goodyear 10% 9% 10 9% Lee Rubber 2% ... U S Rubber .... 3% 33% ... Motors— Auburn 56% 50% 54% 51% Chrysler 7% 7 7% 6% General Motors. 9% 8% 9% 9 Graham Paige 1% i% Hudson 6 5% ss/*5 s /* 5% Hupp 2% 2% 2% 2% Mack 13% 13% Marmon % . Nash 10% 9% 9% 10 Packard 2 1% IV* 1% Studebaker 4 3% 3% 4 White Mot ... 8 Yellow True ... 2 1% a Motor Access— Bendix Aviation 8% 5% 6 5% Borg Warner ... 4% 4% %4 4% Briggs 4 3% Campbell Wy 3% 314 Eaton 4 El Auto Lite ... 11% 10% 11% 'io% Houda 1% Murray Bodv ... 3% 2% 8 ~ Stewart Warner 2% Tlmkin Roll 11% Mining— Am Metals 2% , Am Smelt 8% 7% 8 ‘7% Anaconda Cop... 4 3% 4 4 Alaska Jun 11% 10% 10% 10% Cal it Hecla ... 2% Cerro de Paseo.. 5% 4% 5 ”5 Dome Mines 11% 10% 11 11% Freeport Texas.. 15% 14% 15% 14% Granby Corp 32% Great Nor Ore.. 6% 6 6% Homestake Min.l2B 126 128 i25 Int Nickel 5% 5% 5% s*, Isl Crk Coal ... n * Kennecott Cop.. 7 6% 7 ’ 7 Magma Cop 51/. Miami Copper 1% Nev Cons ... 33* "31,4 Noranda 15% 14% 15% 15 Texas Gu Sul.. 16% 16 16% 16 U S Smelt 12 11% 12 Oils— Amerada 18 17% 18 17% Ah R e fl nlng •••• 14% 13% 14% 13% Barnsdall 5 4% 5 4% Houston . 2% 2% 2% 2% Indian Refining. 4 Sbd Oil 9% 8% 8% 'a% Mid Conti . 5 3 /4 5 J 4 ss*5 s * *3.’ Ohio Oil 8% 8% 8% 8% Ph?n£2* er ,B) -- i l * 9% 10 Pnillips 5 4 5 a 4~ m A3A Prairie Pipe ...... . * 4 * Si? Pure Oil 4% 4 iy. 4 Royal Dutch 5 ifi/simms u pt fe°“ .7.7.7; 3% 111 si standard of Cal 23% 22% 23 ‘22% Standard of NJ 28 26*s 27% Soc Vac 10% fly! 07/? Texas Cos 12’* m? lai? iis/® Un st°e"l£U 10% 10% 10% 10% An], Roll Mills.. 5% 5 5% 4% Bethlehem 10% 10 10% 10% Bvers A M 10% 10% 10% 10% Colo Fuel 4% 434 434 * Cruc Steel 8% 8% 8% *" McKeesport Tin 33% 31% 33% '32% Midland 3 2% 32% Repub I it S 3% 2% 32% U S Steel 24% 24 24% 24 Vanadium 8i 8 8% 8% Youngst S & W .. 5 Youngst S & T 7 6% - 7 63/. Tobaccos— * Am Sumatra .. 4% 4 4% Am Tob (A) new 57% 5% 56V* ‘56% Am Tob (Bi new 58% 57 57% 57'4 Con Cigars 51* Lie it Mvers B . 47% 46%, 47 46% Lonllard 14% 14 14% 14% Reynolds Tob 29% 29 29% 29 United Cig % y, Utilities— 2 /2 Abitibi s /g 4/ Adams Exp 2% 2% 2% *% Am For Pwr .... 3% 3% 3% 33? |Am Pwr ft L 1... 5W 4% 5 4% • AT&T 77**a 74 1 1 7S ' Col Gas <fc El ... 7% R’, 73? r:i. j Com it Sou 2% 2 2% 2% Cons Gas 39% 38 38% 38% ! El Pwr <fc Li 4 3% 4 3% Gen Gas A s. V I Inti Tit T 5% 5% 5% 53? 1 Natl Pwr it Li.. 9% 3% 8% 8% No Amer Cos 17% 163* 17% • 17 Pac Gas it E 1... 22 21% 22 213. Pub ser N J.... 34% 33 33% 33 SM C r x EC, IT n -‘ 20 '■ 20’* 20 Std Git El 11*, 11% u.. 11 V 4 United Corp .... 5% £ 2 5% T Un Gas Imp ... 14% 137, 141, I*7. Ut Pwr * £ A.. 2% 2% 2% 2 West Union .... 18% 17 18% 16% Shipping— Ant Inti Corp .. 4% 4 4% 4 Atl Gulf it \V l! .. . ].,? 4 Inti Mer M pfd. .. . 134 United Fruit ... 18 17% 'i7% 173„ r oons— Am Sug 21% 21 21% 21% Armour A 1% 1% 11? 13. PkR 32 32 cffldf's,'> SS |skm, ,Ai "I‘* 1.. *r ; '** c™"Kt * Cudahy Pkg % 27% Gen Foods 23 32% 22% 751? * •*> J' .?■: U‘ g ßi*c’u'it‘ 4 2% 2?% j?% Natl Dairy 171, 171? 17s? '* SO#*..:::: s’: 5 ’ : V: it* % !!* !!1; Coty Inc 3 iDrug Inc 30% '29% 29% ‘2914 K™" 1 Cos 33% 32% 33 32 Lehn & Fink ,51/ Industrials— 12 * Am Radiator.... 4% 444 Bush Term . 4 Gen Asphalt 8% 8% 8% "a<si Lehigh Port ... ®% 6% El * v 10% 10 lo * 10% Indus Chems— Air Red 37% 36% 37 Allied Chem .... 50% 47% 49% '473; S°m Solv 6% 6% 63, 6% Dupont 25 23% 24 33% Union Carb 19 I73 4 igs m 177? 17,2 Assoc Dry Gds 3% 314 Gimbe! Bros ... 1% 1% ji. 11 2 Kresge 8 S .... 8% 7% 8% 7% May D Store ... 11% 11 11% 10% Mont Ward 6% 5% 6 6 Jenny J C .... 17 16 16% 16% Sears Roe 13*4 13% 13% 13% Woolworth 28% 27% 28 '27 Amusements— Crosley Radio.. .. ... 3 Eastman Kod .. 39% 38 '38% 37% Fox Film A .... 1% 1% ii* j,* Grigsby Gru V Param Fam 2% 2* 2 s , 2% : Radio Corp .... 4% 4% 4% 4% R; K -° 2% 2% 2% 2% Warner Bros 1% 1% 1% n Miscellaneous— City Ic it Fu... 13% 13'* 13% 13 Congoleum 9 8% 9 8% Rfoc & Gam 27 26% 26% 24% Allis Chal 5% 5% 5% 5% Am Can 35% 33% 34% 33% 2 1 Case 27% 25% 27% 25% Cent Can 33 21% 32% 21% Curtiss Wr .... t% 1 1 1% Odette SR... 17% 16% 16% 17% Odd Diisl 13% 12% 12% 12% Hrv 14% 13% 13% 13% Int Bu* M 65* 4 64 65% 64 Re*l Silk 3% 3% 3% 3% Un Arcft 10% 10% 10% 10% Tran-America . 4 3% 4 3%
Foreign Exchange
IBy James T Hamlll & Cos. 1 —July 22 „ Open. Close. Sterling. England 3.55% 3 54% Franc. France 0391% .0391*1 Lire. Italy 0509% .0510% Franc. Belgium 1385 .1386 Mark. Germany 2368 .2375 Guilder. Holland 4026 .4025 Peseta. Spain 0800 .0800 Krone. Norway 1770 .1770 Krone. Denmark 1915 .1915 Yea. Japan .3756 .2685 NEW YORK COFTEE RANGE -Julv 22 , , High. Low. Close December 6.02 6.00 e!O2
SWINE VALUES RISE 20 CENTS IN FIRM TRADE Cattle, Calves Steady With Plain Offerings; Sheep Unchanged. Hogs showed evidence of continued firm demand this morning at the Union stockyards, prices moving up 20 cents on weights of 160 pounds up. Underweights showed a 10 per cent gain. The bulk, 140 to 350 pounds, sold for $4.60 to $5; early top holding at $5. Receipts were estimated at 2,500; holdovers were 241. The cattle market was featured by a slow, peddling trade, prices ranging around steady. Quality was plain. Receipts were 400. Vealers were unchanged at $6.00 down. Calf receipts numbered 500. Considering the quality of receipts on hand lambs were about steady, mostly at $6.00 down. Receipts were 800. Early bids and sales at Chicago were around 10 to 15 cents higher than Thursday’s average. The bulk of medium weights from 180 to 220 pounds, sold at $5.00 to $5.05, while heavier porkers scaling 280 to 310 pounds, sold at $4.60 to $4.75. Receipts were estimated at 12,000, including 5,000 direct. Cattle receipts were 1,500; calves, 500, market steady. Sheep receipts numbered 11,000; market unchanged. HOGS July. Bulk. Too. Receipts 15. $4.50® 5.00 ' 55.00 3,500 16. 4.25® 4.75 4.85 2.500 18. 4.50® 4.90 4.90 5,500 19. 4.40® 4.80 4.80 4.000 20. 4.30® 4 70 4.70 4.000 21 4.40® 4.80 4.80 3.000 22. 4.60® 5.00 5.00 2.500 Receipts, 3,000: market, higher. (140-160 t Good and choice...* 4.55® 4.65 —Light Lights—-(l6o-180) Good and choice.... 5.00 —Light Weights—-(lßo-2001 Good and choice.... 5.00 1200-220) Good and choice.... 4.90® 4.95 —Medium Weights—-(22o-250* Good and choice ... 4.80® 4.90 (250-290) Medium and g00d... 4.70@ 4.75 —Heaw Weights—-(29o-350) Good and choice.... 4.60@ 4.70 —Packing Sows — (350-500) Medium and good.. 3.25@ 4.25 (100-130) Slaughter pigs 4.35® 4.50 . CATTLE Receipts, 400; market, steady. (140-160) Good and choice $ 4.65® 4.75 Common and medium 4.25® 7.25 (1.000-1.800) Good and choice 7.50® 9.25 Common and medium 6.00® 7.50 —Heifers— Good and choice 6.50® 7.75 Common and medium 3.50® 6.50 —Cows — Good and choice 3.25® 4.50 Common and medium 2.50@ 3.25 Low cutter and cutter 1.25® 2.50 —Bulls (vearlings excluded) Good and choice beef 3.00® 3.75 Cutter, common and medium. 2.25® 3.00 CALVES AND VEALERS Receipts, 500; market, steady. —Vealers— Good and choice $ 5.50® 6.00 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 3.00® 4.50 (600-1.500) Good and choice 4.50® 6.00 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts, 800; market, steady. Good and choice $ 5.00® 6.25 Common and medium 3.00@ 5.00 Ewes, medium and choice ... I.oo® 2.00 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO. July 22. —Livestock. Hogs— Receipts. 12.000; including 5.000 direct; mostly 10@15c higher: plain kinds and packing sows steady to 10c higher; 180240 lbs.. [email protected]; top. $5.10; 250-330 lbs.. $4.60®4.95; 140-170 lbs. $4.4004.90’ Pigs. [email protected]: packing sows. $3.20®4.15: light lights. 140-160 lbs., good and choice. [email protected]: light weights. 160-200 lbs., good and choice. [email protected]: medium weights. 200-250 lbs., good and choice. $4.80®5.10: heavy weights, 250-350 lbs., good and choice. [email protected]: packing sows. 275-500 lbs., medium and good. [email protected]: slaughter pigs. 100-1.300 lbs., good and choice, [email protected]. Cattle—Receipts 1.500; calves. 500: slaughter steers and vearlings slow and weak: grassy kinds predominating; no strictly good or choice offerings inclcuded; other classe about steady. Slaughter cattle and vealers. steers. 600-900 lbs., good and choice. $7.2509.25; 990-1100 lbs., good and choice. $7.2509.25: 1100-1300 lbs., good and choice, $7.250 9.40: 1300-1500 lbs., good and choice. [email protected]: 690-1300 lbs., common and medium. $4®7.50: heifers. 550-850 lbs., good and choice. $6.2507.75: common and medium. $3.50 0 6.25: cows, good and choice. $3.500 5.50: common and medium [email protected]: low cutter and cutters. $1.50® 2.75: bulls, yearling excluded, good and choice beef. $3.40®4.75: cutter to medium. S2O 3,40: vealers milk fed. good and choice. $5.50 06: medium. $4.5005.50: cull and common. $3.50® 4.50. Stocker and feeder cattle—Steers. 500-1,050 lbs., good and choice. $5.2506.25; common and medium. $3.5005.25. Sheep—Receipts. 111.000; mostly steady: predominate supplies range lambs unsold: few' desirable natives. $5.59 06: strictly choice kinds absent: bidding $5.75 on several big strings choice Idahos. Slaughter sheep and lambs—Lambs. 90 lbs. down, good and choice. $5.50®6.25; medium. *4.50 0 5.50: all weights common. $3 04.50: ewes. 90-150 lbs., medium to choice. $lO 2 25; all weights, cull and common. 50c @*1.75. By United Press EAST ST. LOUIS, July 22.—Hogs—Receipts. 4 000; mostly 25c higher; practical top, $4 90; small lots. $4.95; bulk. 150-230 lbs.. *4.7504.90. 240-280 lbs.. [email protected]; 100-140 lbs.. $4.2504.85; sows. $3.4003.65. Cattle —Receipts. 900; calves, 600; hardly enough cattle on sale to make a market, with sales generally steady with Thursday on a few' small lots: mixed vearlings and heifers. *5 0 6.50: cows, $2.5003.25; low cutters. $101.75; top sausage bulls, quotable to *3; good ana choice vealers.'ss.so. Sheep—Receipts. 1,500; market, steady to strong; bulk of lambs to packers, $5.50® 5.75; top to small killers. $6; buck lambs, $1 less; throwouts, [email protected]; fat ewes, $1 01.50. By United Press TOLEDO. 0., July 22.—Hogs—Receipts, light; market 10c up: mixed, . $4.7505; bulk. $4.7505; pigs. $4.50®5; roughs, s3® 3.25. Cattle—Receipts, 20; market, slow. Calves—Receipts, light; market, steadv. Sheep and lambs—Receipts, light; market, steady. By Times Special LOUISVILLE. July 22.—Cattle—Receipt, 100; mostly steady; bulk common and medium grass steers and heifers, [email protected]: good eligible to $7 or better; one load choice 846-lb. steers. $8; beef cows mostly $3.50 down; low' cutter and cutter cows. [email protected]; bulls. $3 down; most Stockers. $4 @5. Calves—Receipts, 200; steady; good and choice, $4®4.50; medium and throwouts. $3 down. Hogs—Receipts, 350; market. 35c higher: 170-220 lbs.. $4.75; 235-255 lbs.. *4.35; 260-295 lbs., $4.20; 330 lbs. up. 53.70: 140-165 lbs., *4.15; 135 lbs. down. 53 75; tows. *2.600 3.35; .stags. *2.35. Sheen —Receipts. 1.500; supply Jght. quality onh fair: market steady to weak; spots 25c lower; bulk better lambs. *6: few, *6.25, and odd lots choice. [email protected]; medium grades, including bucks, mostly *5 down; throwouts. *3 0 3.50; fat ewes. $102; most breeding ewes, *5 per head down; few eligible. *5.25. or better. Thursday’s shipments: Cattle, 37; calves. 100, and sheep. 1.330. By United Press EAST BUFFALO. July 22.—Hogs on sale, 1.500: active to packers: weights above 150 lbs.. 10®20c over Thursday’s average; good to choice. 160-225 lbs.. $5.30; largely $5.35; plain kinds. $5.25; pigs. $5: 240-260 ibs.. quoted 54.9005.20. Cattle—Receipts. 300; holdovers. 100; very slow; scattered sales grass steers. 25 0 50c under Monday: hortfeas, *7; fleshv grasser. $5.7506.40; , other. *5 down, cutter cows, $1.2502.50. 1 Calves—Receipts. 600; vealers slow, steadv; good to choice. *7; odd heads. *7.50; common and medium, $4.75@6; grassy offerings. *5.75 down. Sheep—Receipts. 100; lambs unchanged; good to choice natives lenient sorts. *6 50: throwouts. *4.50; inbetween grades. *5.25: few yearlings. *4.50. By United Press CINCINNATI. 0., July 22.—Hogs—Receipts. 2,000 including 142 direct and through fairly active, mostly 25 to 40c higher, better grade 160-225 lbs.. *5; 230i 265 lbs.. *4 6004.80: 280-300 lbs.. *4.35® 4.40: 130-150 lbs., *4.40; sows. *3 to mostly *3.25. Cattle—Receipts. 600; calves. 400: about steady, supply light; quality generally plain, odd lots common and medium ! steers and heifers. *[email protected] soke fed i grassers. *6.7567; a few better finished vearlings up to $8: grassy beef cows. *2.75 ®3.75; bulk low cutter and cOtters. 51.50 02.50; bulls 15@25c higher at S3 50 down. Vealars, steadv. good and choice handv weights. *505.50: good heavy weights and lower grades *4.50 down. Sheep—Receipts 4.000; quality considered lambs steady to weak at mostly $6.5006.75; choice lambs pracitcally absent: common and mediam dull at $365.50; some mixed lots *636.25; fat aged ewes, *161.50. By United Press FT. WAYNE. July 22 Hogs—Market, not established: indications 10g25c higher; calves. *66**s; ewes and wether lambs *5.50; bucks. *4.50.
THE INDIANAPOLIS TIMES
Dow-Jones Summary
Atlantic Refining preliminary report for six months ended June 30 shows earnings of *l.lß a share on common, against net loss of *4.013.000 in first half of 1931; June quarter earnings totaled *1.02 a share, against 16 cents in previous quarter and net loss of *1,850,000 in June 1931 quarter. Johns-Mannville Corporation in Jane quarter reported net loss of *602,270 after all charges, against net loss of *912.607 in previous quarter and net profit of *715,657 in June, 1931. quarter; six months' net loss amounted to *1,514.877, against net profit of $945,767 in first half of 1931. Blue Ridge Corporation declared the regular quarterly dividend of 1-32 of a share of common stock on *3 optional convertable preference stock of 75 cents a share, payable Sept. X, of record Aug. 5. National Power and Light Company declared the regular quarterly dividend of 25 cents on common stock, payable Sept. 1 of record Aug. 12. Broad Street Investing Company reports net assets as of June 30. 1932. were equal to *11.66 a share on stock against *16.44 on Dee. 31. 1931. and *23.56 on June 30. 1931. Pittsburgh Terminal Coal Corporation in Quarter ended June 30. 1932. reported net loss of *195.360 after depreciation, depletion. etc., against net loss of $171,781 in preceding auarter and net loss of *199.610 in June auarter. 1931: six months net loss of *367.141 against net loss Os *322.937 in first half of 1931. General Outdoor Advertising declared quarterly dividend of *1.50 on perferred stock. Louisville Gas and Electric declared the regular Quarterly dividend of 43% cents on class A and B common stocks.
Chicago Stocks
*“By James T. Hamlll ds Cos. —— —July 22High. Low. Last. Bendix Aviation 6 5% 6 Borg Warner 4% 4>/a 4% Cities Service 2*4 2*/s 2*4 Commonwealth Edison. 59'% 57 58% Continental Chicago ... % % % Conti Chicago pfd 10 10 10 Cord Corp 2% 2% 2% Great Lakes Aircraft .. % % % Grigsby Grunow % % % Houdaille Hershey “A”. 4V* 4*/s 4% Houdaille Hershey ‘B ”. 1% I'4 lVa Lynch Corp 14 13'% 14 Wtarshall Field 3*4 3*4 3’4 Middle West Utilities... % % % Midland United % % % Noblitt-Sparks Ind Inc. 10% 10% 10% Perfect Circle 16V 4 16 16'4 Public Service N P 30 29'4 29% Quoker Oats 74 7*4 74 Quaker Oats pfd 100 100 100 Swift it Cos 12% 11% 12*4 Swift International 19% 19'4 19‘ 4 U S Gypsum com 14V4 14 14 U S Radio & Tel 7 7 7 Utility & Ind pfd 2*4 2% 2% Vortex Cup Cos 15% 15 15*% Walgreen 914 9 914
New York Curb Market
(By James T. Hamill & Cos.) • —July 22 ~ Closej Close. Alum Cos of Am 36 Humble Oil ... 42% Am Cyanamid. 2% Hydro Elec 4% Am Lt & Trac. 1% Insull Ut 1 Am Sup Pwr.. 1% Imp Oil of Can Z Ark Gas A 1 Int Pet f% Ass Gas it Elec % Mt Prod 3% Can Marc % Nia Hud Pwr .. 8% Cent Sts Elec.., % Penroad 1% Cities Service. 2% St. Regis Paper 1% Cons Gas of B 44 3 i Salt Creek 4% Comm Edison.. 58%iSel Indus * 2 Cord 2% Std of Ind 19% Deer & Cos 5 IStutz 10 Elec Bond &Sh 7%|Un Lt & Pwr.. 2% Goldman Sachs l%|Ut Pwr % Gulf Oil 32 lUn Fndrs % Hudson Bay ... I%|
Produce Markets
Delivered in Indianapolis prices: Hens heavy breeds. 12c: Leghorn hens. 10c: broilers, colored springers. 3 lbs. and up. 14c: 2 to 3 lbs.. 12c: bareback and partly feathered. 10c: Leghorn and black lVi lbs. and up. 10c: 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 buying grades of Institute of American. Poultry Industries—No. 1. 13c: No. 2. 9c; No. 3, 7c. Butter—l 9to 20c: undergrades. 18 to 19c: butterfat. 14c. These prices for healthy stock, free from feed. No sick poultry accented. Quoted by the Wadley Company. By United Press NEW YORK. July 22.—Potatoes—Market, weak: Long Island. [email protected] barrel: New Jersey. [email protected]; Southern. sl<®2 barrel: Maine. $1.2561.35 barrel. Sweet potatoes —Market, inactive: Jersey baskets, 75c@ $1: Southern baskets. [email protected]. Flour— Market, steady: spring patents $3.85(64.15 barrel. Pork —Market, quiet: mess. $12.62 : /3 @13.75. Lard—Market, firm: middle west snot. [email protected]. Tallow—Market, firm: special to extra. ,02 : >[email protected]. Dressed poultry—Market, steady; turkevs. 10626 c; chickens. 12626 c: broilers. 14@27c; fowls. 10619 c; Long Islands ducks. ll@l4c. Live poultry—Market, dull and easy, geese. 7 @l2c: ducks. 8615 c: fowls. 12@19c; turkevs. 126 20c: roosters. 12613 c; broilers, 13623 c: chickens, pullets 16@24c. Cheese —Market, uiet'/s state whole milk, fancy to special. 18621 c: voting America. 11?* @l2'4c. Butter—Market, auiet and easy; receipts. 4.821 packages: creamery extras, 18‘bc: special marks. 196.19>,2C. Eggs— Market, steadv: receipts 19.835 tubs: nearby white specials. 20@23'2C: standards, IB'h6l9'ic: rehandled. 15@15’2C: Pacific Coasts. 19 Vi @24 Vic: browns. 17@24c. By United Press CHICAGO. July 22.—Eggs—Market, unsettled; receipts. 10.173 cases; extra firsts. 13 Va @ 14c; firsts. 13@13Vic: current receipts. 11@12 lie: seconds. lOVbc. Butter —Market, unsettled: receipts. 12.591 tubs: extras. 17\c; extra firsts. 17@1714c: firsts. 15616 c; seconds. 13@14c; standards. 18c. Poultry—Market, firm: receipts 16 trucks; fowls. 13c: springers. 17@18c: Leghorns, 10*20: ducks. 10611 tic: geese. 8611 c: turkevs. 10612 c: roosters. 10c; chickens. 116 18c: Leghorn broilers. 13cc: stags. 11c. Cheese —Twins. 10V4@llVic: voune Americas. 11’/2<@l2c. Potatoes—On track. 237: arrivals. 49: shipments. 342: market, weak, most stock shov/ing decay; best Kansas and Missouri Cobblers. 60@70c; Virginia barrels. Cobblers. $2.2562.40. By United Press CLEVELAND. July 22—Butter—Market, weak: extras. 21 3 <c: standards. 22c. Eggs —Market, weak: extras, 15tic; extra firsts. 15c: current receipts. 12', 2c. PoultryMarket, weak: heavy fowls. 14615 c; medium fowls. 14@15c: Leghorn fowls. 126 13c: heavy broilers. 16619 c: Leghorn broilers. 13614 c: ducks. 10® 12c: old cocks. 9® 10c: geese. 768 c. By Times Special CINCINNATI July 22.—Butter, packing stock No. 2. 8c: No. 3.6 c; butter fat. 12 @l4c. Eggs—Steadv: cases included; extra firsts. 15>2c: seconds. 11c; nearby ungraded. 13*2C. Live poultry—(Thin and coarse stock sells onlv at heavy discout)— Fowls. 5 lbs. and over. 13c: 4 lbs. and over. 12c: 3 lbs. and over. 10c: Leghorns. 3 lbs. and over. 10c: roosters. 7c; colored broilers. 1 lb. and over. 13'ic: 114 lbs. and over. 15c: 2 lbs. and over. 15c: fryers. 3 lbs. and over. 19c: partly feathered. 106 12c: Leghorns broilers. 1 lb. and over. 13c: 11 2 lbs. and over. 14614 Vic: 2 lbs. and over. 1414 c: 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 over. 6c; under 4 lbs.. sc: spring ducks, white 4 lbs. and over. 9c: under 4 lbs.. 7c: colored. 4 lbs. and over. 9c: under 4 lbs.. 7c: guineas. 10c: turkevs. No. 1 hens. 8 lbs. and over. 11c: young Toms. No. 1, 10 lbs. and over. 11c. Other Livestock By United Press LAFAYETTE, Ind.. July 22.—Hogs—Market, 10620 c higher: 160-200 lbs., $4.80; 200-210 lbs.. $4.75: 210-225 lbs.. $4.75: 225235 lbs., $4.65; 235-250 lbs.. $4.60; 250-275 lbs.. $4.55; 275-300 lbs., $4.50: 300-325 lbs., $4.40: 150-160 lbs.. $4.35: 130-150 lbs.. $4.10: 100-130 lbs.. $3.85; roughs. $3.75 down; top calves. $5; top lambs, $5. By United Press CLEVELAND, July 21.—Hogs—Receipts. 500: holdover, none; 20625 c higher: 150230 lbs., $5.10; 240-300 lbs., $4.80(04.90; pigs. $4.75. Cattle—Receipts, 250; grass steers on peddling basis, more than 400 on hand, few along with heifers and cows reflect weeks full decline, asking higher on grain fed; few medium heifers, $6: cutter kinds downward to $2.65; cows $163.50; calves, receipts. 300; mostly steady; spots higher $,@7.50; paid frequently $8 on better occionally; cull to medium. $4.5066.50: plain weighty calves, $364.50. Sheep—Receipts, 500; lambs. strong 1 to higher, better grades $666.25: few choice. $6.50; throwouts. $465; grass yearlings, $4 down. By United Press 21—Hogs—Receipts. > 0: f t. steady to ioc higher; 160-210 lbs.. *s@s 15: 220-250 lbs.. $i 6064.85; 250320 lbs , $4.2564.50; pigs, $4.1564.50; packing sows. $363.50. Cattle—Receipts; 50; market about steady; medium to good quoted $5.7567.75: common grasser $4 8 5.50; better grass heifers. $4.7585.75; common to medium cows. $2.5063 50 Calves—Receipts. 150; market, steady; good to choice vealers mostly. $5.50 6 6 30. Sheep—Receipts. 1.000: market lamb* 25c lower: good to choice heavy weights. $5.75 • 6.25; common and medium. $2.7564 50; variable wethers. $2.2332.60. RAW SUGAR PRICES —July 22 . High. Low. Close. January 1.02 1.00 1.01 March 1 05 1.02 1.04 Mav 1.110 1.08 1.10 July .95 .95 .95 September 1.00 .98 1.00 December 1.04 1.02 1.04
GRAIN FUTURES 1 RALLY AFTER EARLYSELLING Eastern Buying Responsible for Sharp Upswing at Close. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, July 22.—Wheat was easily influenced on the Board of Trade today and a sharp rally ensued at mid-day on aggressive buying for a large eastern interest. Prices advanced more than a cent but met scattered selling and lost a good part of the gain. Sentiment was much improved but buying is held back by the slowness of the market in reflecting favorable news. Corn was firmer with wheat on the absence of general rainfalls. Oats and rye were dull and largely moved with the iqajpr cereals. . . Close Is Higher At the close, wheat was 7 * to; M cent higher, corn was M to cent higher, oats, Vs to T 4 cent higher, and rye, % to % cent higher. Provisions were strong with general upturn in stocks, hogs and grains. Liverpool held steady in the late trading and finished % to % cent lower. Northwest crop reports continue bullish. The weather was clear to partly cloudy over the belt, with scattered light showers. The forecast for the week-end was generally fair with not much change in temperature. Cash prices were unchanged to Vs cent higher. Receipts were 115 cars. Com Holds Firm Corn started steady and held around % cent higher most of the morning. The lowa crop report indicated rains were necessary to prevent deterioration, as the crop was at a critical stage. Rains were from a trace to two inches. Cash prices were unchanged. Receipts were 127 cars. Oats was dull and featureless, with trading light. The market scarcely moved, although after September set anew low, there was a firming to* above the previous close. Rye was unchanged to cent lower at mid-morning. Cash oats was unchanged to % cent lower. Receipts were 61 cars. Chicago Grain Range —July 22WHEAT— Prev. Oj>en. Hleh. Low. Close close. JulyOld. .45*4 .46% .45% .46% .45 SeDt.— Old. .47% .48% .47% .48% .47% New .47% .48% .47% .48% .47*4 Dec... .50% .51% .50% .51% .50% CORN— Julv 31% .30% Sent.. .31% .32% .31% .32% .31% Dec... .31% .321. .31% .32% .31% OATS— July.. .16% .16% .16% .16% .16% Sent.. .17% .18 .17% .17% .17% Dec... .20% .20% .20% .20% .20% RYEr—July.. .28 .28% .28 .38% .28*4 Sept.. .30 .30% .30 .30% .30% Dec... .33% .33% .33% .33% .33*4 LARD— July 5.25 5.12 Sept. 5.07 5.15 5.07 5.15 5.02 Oct... 4.97 5.10 4.97 5.10 4.92 Jan... 4.50 4.65 4.50 4.65 4.47 BELLIES— July.. 6.25 6.35 6.25 6.35 6.17 Sept.. 6.20 6.25 By Times Special \ CHICAGO. July 22.—Carlots: Wheat, 168; corn. 121; oats. Ill; rye, 1, and barley. 11. By United Press CHICAGO. July 22.—Cash grain close: Wheat—No. 2 red. 47%®48%c; No. 3 red. 47 %c; No. 1 hard. 48% 049 Vic; No. 2 hard. 48@49%c: No. 2 yellow hard. 48® 48%c: No. 3 yellow hard. 47%c: No. 1 mixed. 47%648c; No. 2 mixed. 47%®48%c. Corn—No. 2 mixed. 32®32%c: No. 1 yellow. 32%@33c: No. 2 yellow .32*A@33c; No. 1 white. 33c: No. 2 white. 32%@>33c. Oats— No. 2 mixed. 17c: No. 2 white. 18®18%c; No. 3 white. 17%@18%c: No. 4 white. 16% @l7%c: sample grade. 16c. Rve—No sales. 8ariev—*2.3502.50. Clover—*7®l2. By Times Special CHICAGO. July 22.—Primary—Receipts: Wheat 2.24J1.000, against 3,364,000; corn 366,000, against 815,000: oats 414,000. against 242,000. Shipments: Wheat 552,000. against 2.520.000; corn 220,000, against 285,000; oats 125,000, against 78,000. By United Press TOLEDO. July 22. —Grain in elevators, transit billing: Wheat—No. 2 red, 48®49c. Corn—No. 2 yellow, 55' 2 @56%c. Oats— No. 2 white. 21@22c. Rye—36®37c. Track —Prices 28%c rate. Wheat—No. 2 red, 43@43%c; No. 1 red 1 cent premium. Corn—No. 2 yellow, 31%@32c; No. 3 yellow, 30'4@31c. Oats—Np. 2, white, 17® 20c; No. 3 white. 16@l£L%c. Butter—24c. Eggs—l4%@lsc. Hay—Boc.
Cash Grain
—July 21 — 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. 38®39c; No. 2 red. 37@38c; No. 2 hard. 38@39c. Corn—Firm; No. 2 white. 24% 6 25*,jc; No. 3 white. 23'i@22%c; No. 2 yellow, 24>2@25%c; No. 3 yellow. 23%@24%c; No. 2 mixed. 73024 c; No. 3 mixed. 22®23c. Oats—Firm; No. 2 white. 13%@14%c; No. 3 white, 12%®13%c. Hay—Steady if. o. b. country points taking 23%c or less rates to Cincinnati or Louisville); No. 1 timothy, *7 0 7.50; No. 2 timothy, *606.50. —lnspections Wheat—No. 1 red, 27 cars; No. 2 red. 45 cars; No. 3 red. 4 cars; No. 4 red, 1 car; No. 1 mixed, 5 cars; No. 2 mixed, 3 cars; No. 3 mixed, 1 car; No. 4 mixed, 2 cars. Total, 88 cars. Corn—No. 2 white, 1 car; No. 2 yellow, 4 cars; No.I 4 yellow, 1 car. Total, 6 cars. Oats—No. 2 white, 14 cars; No. 3 white, 18 cars; No. 4 white. 1 car: No. 3 mixed, 4 cars; sample mixed. 1 car. Total, 38 cars.
Investment Trust Shares
(By James T. Hamill & Oo.) PRICES ARE TO 13 NOON —July 22Bid. Ask. Am Founders Corp com 37% .50 Amer and Gen Sec (A) 12% .50 Am Inv Tr Shares 1.25 1.62V* Basic Industry Shares 1.25 1.50 Collateral Trustee Sh (A)... 2.37% 2.75 Corporate Trust (new) 1.24 1.30 Cumulative Trust St 1.70 Diversified Trustee &.1 (A).. 4.75 Fixed Trust Oil Shares 1.25 Fixed Trust Shares (A) 4.00 Fundamental Trust Sh (Ai. 2.00 2.50 Fundamental Trust Sh (Bi. 2.00 2.50 Leaders of Industry (A).... 2.00 .... Low Priced Shares 1.50 Mass. Inv. Trust Shares 10.00 1100 Nation Wide Securities 165 North American Tr Shares.. 1.27 1.32 Selected Cumulative Sh 3.50 3.75 Selected Income Shares 1.75 2.25 Shawmut Bank Inv Trust... .25 1.50 StQ Amer Trust Shares 1.80 Super Corp of Am Tr Sh... 1.75 .... Trustee Std Oil (A) 3.00 3.50 Trustee Std Oil (B> 3.00 3.50 U S Elec Light & Pwr (A).10.00 12.00 Universal Trust Shares .... 1.25
In the Cotton Markets
—July 32 CHiCAuO High. Low. Close. January 6.18 6.08 6.18 March 6 31 6.19 6.31 May 6.42 6 35 6.42 October 5.97 5.85 5.97 December 8.10 5.98 6.08 NEW YORK High. Low Close January 6.07 5.99 6.06 March * 21 6.13 6 30 Mav 6 35 6.26 6.34 July 5 66 5.58 5 96 October 5 87 5.75 5.83 December 6 02 5.92 5.98 NEW ORLEANS January 6.03 5.97 6.03 Mav 6 33 6 26 6.33 Julv 5.74 5.64 5.74 October S.ts 5.73 5.81 December 6.00 5 8* 5.96 Local Wagon Wheat City grain elevators are paying 37e for No. 3 soft wheat. Other trades on their merit.
Bright Spots of Business
Br United Press NEW YORK. July 22—The Chrysler Corporation showed a sharp improvement in earnings in the second quarter of this vears. reporting a profit of *1.186.052, or 27 cents a share, against a net loss of *2.066,485 in the preceding quarter and a net profits of *3.231.962 in the second quarter of this year were in excess of the dividend requirements. 25 cents a share. CHICAGO—The regular quarterly dividend of *1.50 per share on the *6 cumulative preferred stock was declared hr directors of Public Service Company of Indiana, subsidiary of the Midland United Company, payable Aur. 15 to holders of record of July 30, 1935. CHICAGO—A statement from NationalStandard Company says that June was the best month of the year and compares favorably with 1931 earnings. CHlCAGO—Detroft Gear and Machine Company, division of Borg-Warner Corp.. reported 10 per cent increase in business over May. according to C. S. Davis, president of Borg-Warner. NEW YORK—AIco Products. Inc., division of American Locomotive Company, received an order to construct a complete vaoor recovery plant for the Pure Oil Company. DATTON, O.—National Cash Register company received an order for *97,045 equipment for Sears Roebuck and ComP*ny. PHILADELPHIA—AtIantic Refining Company and subsidiaries reported a profit of $3,185,000 for the first six months of the year, equal to *l.lß a share, compared with a loss of *4,013,000 in the first half of 1931. NEW YORK—June sales of household electric refrigerators were 156,720 units against 119.761 in June, 1931. according to the National Light Association. CHlCAGO—Standard Cap and Seal Corporation reported net income for the quarter ended June 30, was $150,760. or 77 cents a share, against $148,587 or 72 cents a share in the first quarter. ST. LOUlS—Hardware sales—considered a barometer of rural financial conditions—are showing market improvement, according to officials of the Simmons Hardware Company. PHILADELPHIA—Philadelphia Electric Company reported for the first half of the year net income of *11,681,819 against $11,576,904 in the first six months of 1931. CORONER SEEKS SUICIDEMOTIVE Cemetery Worker Is Killed by Insecticide Dose. Whether Clyde Sheppard, 65, Cumberland, who died Thursday, after swallowing a quantity of insecticide, was a victim of accident or intentionally ended his life, is a question which Dr. E. R. Wilson, deputy coroner, is attempting to answer today. Sheppard, according to relatives, had no reason to commit suicide. His health was good and he had appeared in good spirits when he left home to work at the Washington park cemetery. After spending the day hauling flowers in the cemetery, Sheppard appeared ill, according to the superintendent, William Kline, R. R. 11, Box 325. He held up a bottle in which the insecticide had been contained. “Did you drink any of that?” Kline asked. “Just a whiff,” Sheppard replied. The stricken man was taken to the office of a Cumberland physician where he died within a few minutes. Sheppard leaves the widow, Mrs. June Sheppard; three daughters, Miss Catherine Sheppard, Mrs. Mildred Corwin and Mrs. Gladys Tracy, and a twin sister, Mrs. Claudia Galuska. REYNOLDS’ ESTATE IS INCREASED BY SIO,OOO Libby Holman’s Share in Property Gains, Bond Earnings Show. By United Press WINSTON SALEM, N. C., July 23. —Money earned by Smith Reynolds in the year before he died will increase his personal estate by about SIO,OOO and thereby increase Libby Holman Reynold’s share in her husband’s property. The will of R. J. Reynolds, tobacco millionaire, provided that $2 payable in Reynolds’ “B” stock at $lO par value should be given for every dollar earned by any of his children. The stock is worth about S4O, thus making every one of Smith’s earned dollars worth about $9. The latest report on the estate showed that Smith earned $2,080.91 from investment securities, $5lO in bond interest and $10,686 in stock dividends. Plumbing Permits Mason and Schenck, 3827 Guilford avenue. four fixtures. Karl Stahl. 20il Roosevelt, four fixtures. Hawkins Bros., 621-23 Blackford, four fixtures c - L- Wilkinson, 3106 East Washington, one "fixture. Huber-Flashkamp, 74 East rifty-slxth, seven fixtures. J. w Cotton. 1521 North Delaware, one fixture. fixture MUlB ’ 4309 EaSt Michigan - on ® ElyT.Kain, north west corner Meridian and Walnut, six fixtures. Capitol Plumbing Company, southeast corner Thirtieth and East Riverside drive, three fixtures.
Net Changes
By United Press NEW YORK, July 22.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Allied Chemical 49V American Can 343. s-. American Telephone 76% I*4 Atchison 27 % Auburn 541A 2% Bethlehem Steel 10% % Chrysler 71^ Consolidated Gas 39% 1 Consolidated Oil 6 v. Du Pont 24 % Electric Power 4 % General Electric ’..11 % General Motors 9% % International Telephone s’* % Montgomery Ward , 6 Nat Biscuit 27% % N Y Central 13% % North • American 17% % Pennsylvania 9% a, Public Service 33% % Radio 4% Sears Roebuck 13% % Stan Oil Calif .23 % Stan Oil N J 27% 1% Texas Coro 12% % Union Carbide 18% % Union Pacific 38% % U S Steel 24% % Western Union 18% 2 Westinghouse El 19% % Woolworth 28 1 Deaths James Hays, 76. 1210 Earhart. chronic myocarditis. Worker Pinned Under Tractor When a tractor he was driving in construction work at Thirty-fifth street and the canal overturned today, John Maley, 40, of 227 Leeds avenue, received severe lacerations on his left foot. He was sent to city hosptal. Curious remedies, such as cinder tea, made by dipping a red-hot cinder in hot water, as a cure for stomach ache, still are used as children's remedies in some English villages.
THE TIMES Want Ad Headquarters Transient Rates Minimum spaced want ad accepted U two lines. Charge Cash Number Insertion* Per Line Per Line One Time 30 3 Consecutive times 16 .1* 6 Consecutive times 11 -H Rooms, Etc. Charge Based on Two Lines. Charge Cash 2 Lines. 1 time 33 -3* 2 Lines, 3 times 7* .72 2 Lines. 6 times 1-13 1 00 Discounts Ads mat be phoned in end charged it the advertiser Is listed in the phone directory. or is identified end accepted by the credit department. A DISCOUNT OF ONE CENT FOR EACH LINE is given to transient advertiser* paying their bill within ONI WEEK after billing Advertisers are asked to take advantage of this discountWant Ads may be phoned In as late as 11:15 a. m. for publication in the 2:00 a m. Home Edition on the same day. Deaths, Lost and Found, Etc. Death Notices, Cards of Thanks. In Memoriams. Lodge and Church Notices. Lost and Found aas are charged at a rate of 10 cents per line. Situation W’anted. 3 cent* per word, minimum 13 words. Phone: RILEY 5551 Phone Service 8 A. M. to * P. M. DaUy LEG A LS Legal Auctions and Sales WE WILL sell at Public Auction one Chevrolet coach, 1928 model, motor number 4149290 for storage charges amounting to *75. at 10 a. m. Wednesday. Aug. 10. 1932. MASTER PAINT AND BODY CO. 928 N. Penn. St. ANNOUNCEMENTS 1 Death Notices ABELL, ANNA L.—Beloved daughter of Mrs. Marion Abell, sister of Maude, Elizabeth, Louis. Frank, Harry and Henry Abell, passed away Thursday afternoon. Services at the FLANNfcR St BUCHANAN MORTUARY Saturday. 4 p. m. Friends invited. Burial Memorial Park. CLARKE. REV. WILLIAM L.—Beloved husband of Mrs. Margaret Clarke, father of Mrs. C. F. Little of Emporia, Kan., and Miss Esther Clarke of Washington, D. C., passed a wav Friday morning at the residence. 2604 N. 111. St., age 69 years. Time of services given later. Friends mav call at the FLAN_NER & BUCHANAN MORTUARY. KLUSMANK, LOUlS—Father of Marion A. Klusman of Indianapolis and Mrs. W. P. Myers of California, passed away Friday morning. Services at the JOHNSON & MONTGOMERY FUNERAL HOME, 1622 N. Meridian, Mondav. July 25 2 p. m. Friends invited. Burial Crown Hill cemetery. SMITH, ROBERT F.—Beloved husband of Mrs. Gladys Lindsey Smith, passed awa-' July 18. Funeral services at the PLANNER St BUCHANAN MORTUARY. Saturday 2 p. m. Friends may call at the mortuary any time. Burial in Crown HLI cemetery. ÜBELHOR, EDWARD .I.—Beloved husband of Mrs. Lillian M. Übelhor, passed awav Thursday. Services at the PLANNER & BUCHANAN MORTUARY, Saturday 10 a. m. Friends invited. Burial Springda!e cemetery. Madison. Ind.. 3:30 p. m. I Louisville (Kv.) papers please ropy.] 3 Funeral Directors, Florists W. D. BEANBLOSSOM ~ 1321 W. Ray ISE. 1588 W. T. BLASENGYM Main office 3326 Shelby St. Branch office 1634 W. Morria. Dr. 3570. GRINSTEINER’S 522 E. Market RI. 5374 tIISEY & TITUS 957 N. Delaware Ll. 3828 WM. E. KRIEGER 1402 N. Illinois St. Rl. 1243 J. C. WILSON *230 Proanect Dr 0321-0322 11 ■-r r . ~ - 4 Lost and Found Finders of Lost Articles That have been advertised In this column will receive two yuesfc tickets To The Indiana Theater To See Joan Blondel —ln—“Miss Pinkerton” When you have returned the article ;o its owner, ask him to call Miss Joe at THE TIMES WANT AD DEPARTMENT and say that you have returned the article and tickets will be mailed at once BRONZE Door Knocker shape of hand. 856 W, D, Wood, PI. Ch. 7297. Rew, LOST—Sheaffer fountain pen; green and black; Reward. Ch. 081s. LOST—Small black eilk purse. Ball Park. Wed, night. Reward, Li. 9932. LOST—Blue Bible with markers. Call Ri, 2918 or Hu. 2266. - BUSINESS SERVICE
HIRE A MAN OR A FIRM— Get two tickets to Indiana Theater Glv* bs d*y’* enployment ta may es tha advertiser's listed below and then phone Mis* Rose at Riley 5551. telling which firm vou have employed. You will receive two ticket* to see the Indiana theater presentation of “Miss Pinkerton” with Joan Blondel and George Brent on the screen. These Advertisers Pledge 100% Service
Aotomotive Services AUTO body and fender service. We fix ’em for less. 144 S. Senate. Rl. 3136. FORDS—Brakes relined: *4.96 ud. All Traffic Brake Svc. 748 Va. Ave. Dr. 6240 AUTOMOBILE—Repaint., *ls; repairs, rebuild.; new low rates.; car washed, greased. *l. Fairfield Gar., 1150 Fairfield. RELINK NOW Ned’s Brake Service PAY AS YOU RIDE Part payment plan at cash rates. 602 E. Washington. No phone. Business Services AUTOS—Refinished. *ls; work guar. FAIRFIELD GARAGE. 1150 Fairfield, Wa. 5165, CALL RI. 7474. OR TA. 6060. for lowest prices on cleaning, dyeing and pressing. PARIS CLEANERB, 236 N. 11l CARS WASHED & polished. 75c. Simonlzlng *2.50. *3.50. ®all for. delivered. AUTO BEAUTY SHOP, 8 E. 20th, Ha, 4115-J. UPHOLSTERING and general repair work; reasonable prices. 807 Ft, Wavne Ave, AUTO top deck replaced; top frame, body St pillars repairs, body work. Dr. 1907-M. CONCRETE—Cement Work: Flagstone Setting. J. W, SPARKS. Ri. 5860 Be. 2942. Reflnishing—Rebuilding—Upholstering at Factory Store Prices. Your old furniture mle like new. Let Our Estimator Call. EMRICH FACTORY FURNITURE STORE 325 West Morris. Dr. 7330.
WHO CAN DO IT? CLEANING PAPER HANGING LANDSCAPING PAINTING MOVING REPAIRING HIRE A MAN! GET TWO TICKETS TO SEE “MISS PINKERTON” With Joan Blondel and George Brent at the INDIANA THEATER Give one day’* employment to any of the business firm* or Individual* Hated below under the “Who Can Do It" ads —then phone Mi** Bos* at Time* Want Ad Headquarter*—Blley 5551 and tell which firm or Individual you have employed. You will be mailed ABSOLUTELY FBEE two ticket* to the Indiana theater to see John Blondel and George Brem on the screen in Mary Roberts Rinehart’s novel, “Miss Pinkerton.’* Erery firm listed her* has pledged itself to give 100% satisfaction. READ THE SERVICE ADS ABOVE
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ANNOUNCEMENTS _ 5 Personals CHILDREN boarded, rmed. on strictly donation plan. Good Christian homt. RL 8953. DONATIONS of clothing wanted, for men" women and children. Will call. Ri. 8953. NEW—Private hospital, north: all caaea considered except mental Wa. 1005. IHST R UCTION S 10 Schools, Colleges, Tutoring WAGES paid while I earning. ONEIDA BARBER COLLEGE. 212 South Illinois. WILL GIVE PIPE-ORGAN lesson* in exchange for answering telephone, one morning or afternoon a wk Ir 0956 heTp wan ted _ The Times tries to protect Its readera from fraudulent Help Wanted advertisements by carefully Investigating all advertisements that requirs money for “cash bonds.” territorial rights, etc. However, readers ars advised to investigate carefully or consult the Better Business Bnresn before Investing. 13 Help Wanted—Male ATTRACTIVE PROPOSITION TO ENERGETIC SALESMAN. 2039 MARTINDALKBARBER STUDENTS—Earn while learning: iow summer rate Torr’s Samtarv Barber College. 472 W Wash, or 510 E. Wash. TIMES WANT ADS mate interesting reaaing because Interesting bargains of manv kind* ere listed here dallv J 4 Help Wanted—Female WHITE girl for house work St cooking; good rm. fnshed.. write Times. Box M 143 GIRL for sandwich and soft drink store. 204 N. Noble. Apply now or Saturday. 16 Situations Wanted WATCHMAKER will work part or full time. 1319 E. Ninth St. R. E. Tucker. RENTALS FREE RENTAL SERVICE—For the eonvenience of strangers and people deslroua of locating rooms, houses or apartment. The Times will assist vou without charge. Just phone Riley 5551, and ask for Miss Joe. 17 Furnished Rooms ALABAMA. N., 1115—Light, clean rm.; homelike; const, hot water; *3, Rl. 5121, ALABAMA. N.. 437—Large cool shadv room. newly decorated floor lamps; $2.50. ALA., N., 523—Gaylord No. 5; attractive, light, airy rm., with large closet: home privl; veranda: quiet; walk dlst. Ll. 6989. ASHLAND, 1634—Nice, clean, slpg. rm., next bath, closets, sanitary. $2. He. 4401. BEVILLE. 414 N.—Room, kitchenette; prl. ent.; mod.; near car and bus line. BROADWAY. 2320—2 si. rms.. 1 kitchenette util., shadv lawn. cool, ouiet. reasconv. CENTRAL. 2821—Large cool: south, newiv decorated: private home; *3, Ha. 0413-R. CENTRAL, 1236—Large, airy rm , suitable. 1 or 2; meals opt. Reasonable. CENTRAL, 2004—Attrac. front rm.; privilieges; refined home; lor 2 emp. He, 1009. DELAWARE. 321—Light, clean rm.. newiv dec., writing desk; *3. Li. 1792. FALL CREEK, E., 311—Nicely furn., cool rm.. private home Ha. 0604. FLETCHER. 533—Large rm.. strlc. mod.. near business di strict, reas HIGHLAND, N„ 125—Nice, convenient; i screened windows. *3. Ll, 9320. 111 . n: 2603—Large, airy! front, rms.; congenial young couple. Ta. 5198. MINNESOTA E.. 326—Large airv room. private home: reasonable price N. YORK. E.. 2308—Frt. rm.; home cook'g; privil.: gd. radio reept.; ad,l. hath; *7.50. NEW JERSEY, N., 3345—Light, airy rm., I or 2 empl.; % sq. Central it 111, car. OHIO E. 407—LODGING FOR MEN MODERN; 25c PER NIGHT. RI. 4145. PENN.. N. 1860—3 rms.. beaut, furn.. home privileges, crulet. use of piano, reas _ PENN.. N„ 1347—Nice cool rm. in auiet home for gentleman; gar, reas. Li. 8857, PLEASANT. 1419—Nice cool rm.. mod. home; gentleman; reas. Dr, 4072. SHERMAN DRIVE. S~! 265—EMPLOYED MAN OR COUPLE: MODERN HOME. SOUTHEASTERN! 1712-1-2 front rooms.' prlvlate entrance: garage: adults. ST. CLAIR, 318—Front rm.. mod.; furn.; newly deco,; lg. closet; $3.50. Ri. 8153. WASHINGTON BLVD.. north of 52d; lovely rm.: pri. home; gentlemen pref. Hu. 8468. 11TH. E.. 913—Employed man. or couple; private home; free coffee: close car line. E 11TH. 515—Large, airy, front room: clean, newly deco.: plenty of light. 12TH. 535 E.—Lovely rm.; girl or married; cou. pref,; prl.; near Cent. Col cars; $3. LARGE, airy, front rm.: 1 or 2 girls, or employed couple. Li. 3939, after 6 p. m. 3 WELL furnished rooms; utilities furnished: private entrance. Call after 6 p. m 956 N Oakland. YOUNG business lady to share cozv apt.; east; re-y.. Address Box 500 Times. COOL, modern, nicelv fuY.. large closet: pleasant home; gar., I or 2. gh. 2145-M. ST. DENIS ? OTEL: coo; homelike. 10 up n6 w Marlcet BREVORT HOTEL Steam heat: mod eonven.. *3.50 A qp HOTEL ANTLERS HOTEL SPINK Attractive summer rates. All rooms with bath. *5-SB-*7 per week. HOTEL LOCKERBIE New summer rates as low as *8 per week. Special monthly rates. Radio and bath in every room. 121 S. Illinois St. R|. 4562. 18 Housekeeping Rooms ALABAMA. N.. 426—3-room suite, cool shadv and airv. nice large kitchen, nicelv furnished, ideal for family; *3: also smaller suite. Ll. 1229. ALA., N., 1516—Lovelv frt. 2-r. apt ; comps. furn.; Murphy bed; o’stufled. Li. 2995. ALABAMA, 516 N.—Large, airy room; cros* ventilation; *3. ALABAMA. _ 708—Large, newly dec. rm. atl3 kitch.; o'stuffed fur.; prk. space. ARSENAL, N., 315—Nicely fur., kitchen; pri. mod, home; reas. BEVILLE AVE.. 829 N.—3 rms. and "bathfront porch; pri. ent.; adults. Ch. 7581. BUSINESS SERVICE
WHO CAN DO IT!
' Busin cm Servicea SIMONIZING—Prices 52.50, 53.50; ton dressed free. Work guar. ALBRIGHT AUTO SERVICE 310 E. 12th. Lt 2162 SUIT cleaned, pressed. 50c; 2 for 51c. Spotless Cleaners. 131 E 22nd. Ta, 3040. Moving, Trmnsfer, Storage ALLIBON&—*2.SO A LOAD UP EXPERIENCED. CAREFUL WHITE MEN, RI 4695 MOVING *3—You helo. *1 less: quick . service: careful white men Ch. 5840. FIREPROOF STORAGE Store now. pay six months later, free hauling to storage. Moving (4 per load and up. Caii Rl. 7750. 419 B. Market St. GET your moving done with your discarded furniture; prompt; exp' Dr. 4877-j. MOVING—(2 up. anything, any time; Jocl overland; white me-'. Petes Ch. 2378. Paperhanging and Painting FREE estimates on all paper hanging: wall paner cleaned 50c and 75c per room. For ref, Marott Hotel, Rl. 5174, Mr. Kolb. PAPERING—Cleaning. painting. Guar” work Prices right Mr. Brown. Ch. 3545PAINTING. plastering, oaner hanging. cleaning. WILLIS. Dr. 0575, TIMES WANT ADS mase interesting read- | ing because Interesting bargain* of manv l kinds are listed here daily
