Indianapolis Times, Volume 45, Number 29, Indianapolis, Marion County, 14 June 1933 — Page 19

JUNE 14, 1033

Underwriting Firms Experience Difficulty in Adapting Flotations to New Securities Law.

" BY RALPH HENDERSHOT Time* .special Financial Writer , The “truth in securities” law which was recently enacted is giving underwriting houses plenty to think about. It also has held up the flotation of several issues, the offering films wishing to make sure that they have complied with all the provisions of the law. It likewise has resulted in a harvest for many law and accounting firms. The attitude of most underwriting houses is to put everything but the kitchen sink into their prospectuses. They have experienced some difficulty In securing all of the information desired in some instances, but there appears to be no desire on their part to evade the requirements of the new

law in any respect. Conditions, of course, make the introduction of the new measure a relatively easy matter. Prices are still low enough to make issues appear attractive even when all details are exposed. Morover, bidding is much less active, which makes it. easier for the underwriting houses to make their own terms. In other words, the underwriting business is still in a buyers’ market. If and when active bidding for issues is resumed the tendency to find loopholes may become prevalent. a a a May Not Understand Information Tiie question of what investors will do with all the information they are supplied with arises in consideration of the situation. The balance sheets furnished, for instance, may be complete in every respect and still not mean a great deal to some of them. And not being able to appraise values, many purchasers may remain as completely in the dark as they have been in the past.

Ralph Hendershot

It is reasonable to suppose, however, that a great many advisory concerns will spring up throughout the country. They will employ experts who are able to analyze the material furnished by the underwriting houses. The danger is, though, that some of them may have an interest in the securities offered and thus be unable to give unbiased opinions. And some may profess to be experts who are not. It might not be a bad idea to have such organizations under the supervision of the banking departments. a a o The Increase in Business The 65,000-ton increase in orders on the books of the United States Steel Corporation in May reflects the betterment in business which has occurred in the steel industry. It is but one more confirmation of the fact that the up-turn in trade has reached much more than normal seasonal proportions. It is interesting to note that the die-hard economists are maintaining now that the recovery has been due to normal conditions and that inflation, or rather the talk of inflation, had little if anything to do with it. Such talk does not sound very convincing, however, for if the attempt to liquidate ourselves out of debt had continued it is difficult to see how an advance in prices and the increase in the demand for goods which followed could have been brought about.

DISCUSS RAIL PROJECT R. F. C. Loan Use Is Considered for Belt Traek Elevation. Discussion of possibility of using nn R. F. C. loan for the Belt railroad track elevation program Tiill be discussed at a meeting tonight of the South Side Civic Clubs’ executive committee in Garfield park community house. In the absence of Walter C. Rothermel, chairman. Arthur Houston, vice-chairman, will preside. Speakers will be Walter Houston, chairman of the track elevation committee, and W. V. Terry, superintendent of the Sunshine mission.

Fidelity Trust Cos. General Banking 148 East Market Street

Pfoff & Hugh el INCORPORATED Active Trading in U. S. Government Securities Municipal Bonds Land Bank Bonds Gravel Road Bonds General Market Securities 2ND FLR. ILLINOIS BLDG. Market and Illinois Sts. Lincoln 2565. Indianapolis Direct Private Wire to Principal Markets

OFFICE SPACE Archilecis & Builders Bldg. Baldwin Big Four Circle Tower Consolidated Continental Guaranty Kahn Kresge Medical Arts Meyer-Kiser Rooseveli Stewart Block Traction-Terminal KLEIN & KUHN mo Property Management Lincoln 3545

1 Bu / BUILD P®”I LOAN NEWTON Sell STOCKS TODD

Wall Street

In the Cotton Markets

—June 13— CHICAGO High. Low. Close. January 9.94 9.79 9.83 March 10.10 9.95 9.97 July 9.43 9.32 9.35 October 9.74 9.56 9. SO December 9.89 9.72 9.76 NEW YORK January 9.87 9.73 9.73 March 10.02 9.87 9.92 May 10.15 10.02 10.04 July 9.34 9.24 9.28 October 9.65 9.49 9.52 December 9.80 9.65 9.68 NEW ORLEANS January 9.73 9.73 9.73 May 10.01 July 9.33 9.22 9.23 October 9.61 9.45 9 48 December 9.75 9.60 9.63 CHICAGO FRUIT MARKET By United Press CHICAGO. June 14.—Apples—Illinois Willow Twigs bushel. $1.50. Strawberies— Michigan Premiers, 16 quarts. 85c@$l. Raspberries—lllinois Red Lathams. 24 quarts. $2.50© 2.75; Indiana Reds. 24 pints. $2©2.50. Onion market—Texas: U. S. No. 1. Crystal White waxed bushel. $1.35® 1.50; vellow Bermudas bushel. $1.35© 1.50; Commercials. Crystals White waxed. sK®l.2s; vellow Bermudas bushel. $1©1.25. California: Crystals White waxed bushel. $1.35 ©1.50; vellow Bermudas bushel. $1.35® 1.50. Miner Killed by Fall of Slate VINCENNES. Ind., June 14 Richard Swan, 45, employe of the American Mine No. 1, was killed late Tuesday by falling slate.

“A Good Place to Bank” Marion County State Bank Northwest Corner Market and Delaware Sts.

DIVIDEND SHARES QUARTERLY INCOME SHARES T. P. Burke & Cos. Incorporated SUITE 222 CIRCLE TOWER PHONE Riley 8.436

We buy and sell: U. S. GOVERNMENT BONDS V. S. TERRITORIAL AND INSULAR BONDS INDIANA MUNICIPAL AND GRAVEL ROAD BONDS LAND BANK BONDS BONDS AND STOCKS OP INDIANA CORPORATIONS GENERAL MARKET MUNICIPAL AND CORPORATION BONDS =S= INDIANAPOLIS BOND AND SHARE CORPORATION 41 North Pennsylvania St., Indianapoli* Telephone Ril.y 4551

Prtmiams Saved to Policyholders Enormeoi What automobile Insurance rate would you be paying If it had not been for the State Auto? Full Protection at Low Co.t Assets ....$2,864,522.27 Surplus ...$1,055,000.00 Lincoln 8571 STATE AUTOMOBILE INSURANCE - ASSOCIATION 7th Floor Occidental Bldg.

STOCK SHARES IRREGULAR IN NARROWRANGE Leaders Show Uneven Trend; Some Higher Others Lower.

Average Stock Prices

Average of thirty industrials for 97 92 low 94 21. lasts 94 79. off 1.6S Average of twenty rails 48.14 43 80. 44.30 off 14 Average of twenty utilities 38.10 35 84' 36.08. off V 44. Average of forty bonds 84.55. off .07. • BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 14.—Stocks opened active today with prices irregular in a narrow range. The American dollar eased after an early rise. Cotton futures lost 50 cents a bale. American Telephone met good demand and rose 1% points to 12874. Utilities generally were steady to firm. Oils held around the previous close; farm equipments eased slightly; rubbers were down small amounts; rails were mixed; gold mining issues advanced. United States Steel common stock opened at 56 : 4, off % from the previous close. Other steels were steady. Union Pacific dipped to lll'i, off T'2 and small losses were noted in Chesapeake & Ohio and New York Central. Pennsylvania lost a point to 27*2. Small gains were noted in Atchison and Southern Pacific. General Motors was active around the opening at 27, off Vs. Auburn Auto declined nearly 2 points to 68. Chrysler was unchanged at 2474. Prices moved irregularly with volume large. Steel common firmed up while American Telephone lost part of its initial gain. American Can rose a point to 93. Gold mining issues were higher. Except Alaska Juneau which lost a point to 21%. Chrysler advanced. Business news continued favorable.

Bank Clearings

INDIANAPOLIS STATEMENT —June 13— Clearings $1,712,000.00 Debits . 4,186,000.00 TREASURY STATEMENT —June 14— Net balance for June 12 $276,250,138.01 Expenditures 17.193,883.13 Customs rects. mo. to date.. 8.649,093.79

The City in Brief

THURSDAY EVENTS Advertising: Club, luncheon. Columbia Club. Engineering Society, luncheon, Board of Trade. Sigma Chi, luncheon. Board of Trade. American Business Club, luncheon, Columbia Club. Acacia, luncheon. Harrison. mini Club, luncheon, Columbia Club. Real Estate Board, luncheon. Washington. The military ball at the Columbia Club, set for Saturday, has been postponed until October. The change in time was made because a number of army and naval guests are detained at the Century of Progress exposition in Chicago. Public benefit ard party will be given by Service post, American Legion, in its hall at Oaklandon at 8:15 Friday night. “Pastors’ Night” will be observed at the Wheeler City Rescue Mission at 8 tonight, when Dr. Abram S. Woodard, pastor of Meridian Street M. E. church, will be guest speaker. Pledges of Alpha chapter, Delta Gamma Rho fraternity, will be guests at 7:30 tonight at the Lincoln, of Raymond Sweeney, honorary president, and James Reese, president. Prospect auxiliary, No. 452, O. E. S. will hold an all-day meeting Friday at the Masonic hall, State avenue and Prospect street. JOB BOOM AT CAPITOL Eight Stenographers Now at Work in Office of McNutt. Business is booming in the office of Governor Paul V. McNutt. Eigh stenographers working there today. During the regime of Harry G. Leslie, there were but two. Increase in the stenographic staff from three to six also has been made in the office of AttorneyGeneral Philip Lutz Jr. The Governor's office now handles the unemployment relief and business of the new clemency commission. There are two secretaries and an assistant secretary, messenger, guard, and chauffeur on McNutt's personal staff. In the Air Weather conditions at 9 a. m.: North-northwest wind, 16 miles an hour; temperature, 55; barometric pressure, 30.29 at sea level; general conditions, clear; ceiling, unlimited; visibility 15 miles. Births Girls Louis and Josephine Dew a Id. St. Vincent's hosnital. Amos and Marv Arnett. 526 North ° FTank' and Marv Leslie. 2924 East New York. Bovs Fred and Laura Cunningham. 1020 South Holmes. _ Dnver and Olive Ferguson. 1221 Orange. James end Juanita Lentz. 1403 Finlsv. Ralph and Allvne Archer. 2144 North Harding. Deaths Minerva Edwards. "6. Alpha Home, chronic mvocarditis. .... Entha Mav Harman. 72. 2547 North Alabama gangrene of left foot. Martin Dwyer. 71. 1110 Blaine, chronic mvocarditis. _ Nellie V. McClure. 37. 1821 West Washington. streptococcic infection. John Jensen. 83, 1747 South Keystone, cerebral hemorrhage. James LeMar Knipp. 7. Methodist hospital. intestinal obstruction. Plumbing Permits The Wiebke Company. 234 North State, three fixtures. Frank Roell. 1140 South .Meridian, one fixture Bassett Plumbing Companv. 2609 Boulevard place four fixtures. R Liebendorfer. 641 North Tibbs, three fixtures. NEW YORK COFFEE FUTURES —June 13— RIO High. Low. Close. January 5.71 March 5 67 5 52 5 67 May 5.52 5 49 5.49 July 5.71 5 70 5.71 September 5 75 5 66 5 66 December 5.72 5 68 5.72 SANTOS January 7.90 March 7.81 7.78 7.76 May 7.70 July 7.26 7 20 7.23 September 8.08 December 7.95 3.86 7.92

THE INDIANAPOLIS TIMES

New York Stocks ' (By Abbcit. Hopoin Sc Cos.) ■

—June 14— _ Oil*— , Prev. High. Low. 11:00 close | Amerada . 38 37% i Atl Hfg 26 25% 23*4 2i% Barnsdali ..... .. ... 9 iConsol Oil ... ia% 13% 13 3 13% i Cont of Del 13% 13% 13% 14% Houston inewi. 5% 5 Houston (Old). 31% 31- 4 Indian Rfg • • 4 ; Mid Cont Pet 11’a | Ohio Oil 14 s * 14 3 * 14 1 a 14% Pet Com 12 3 13 Phillips Pet ...M’s 14 1 * 14% i 14 Pure OH .. B’* 8% Rcval Dutch 2i 3 Sbd 0.1 30 s * 30% Shell Union 7% 7% Simms Pet . . ... 10% : Soc Vac li 3 ii% 11 3 11% i S O of Cal 34 34% S O of N J 37 36 s * 37 36% Sun Oil ... • • 44’a Texas Corn ... 22*4 21% 21% 22% Tidewater Oil .... . .. 20% Tidewater Assn.. 8 7% 7% 7 3 Un Oil of Cal.. 18% 18% 18% 18 3 Steels Am Roll Mills.. . . 18 T a 19 Beth Steel .... 30% 30% 30 7 a 30% Bvers AM 27% Col Fuel & Iron 14% Crufc Steel ... ... 24% Gulf Sts Steel 27 Inland Steel ... ... 40 Ludlum Steel .... ... 16 17 McKeesport Tin 83 I 's Nctl Steel 48% Rep Iron & Steel 17% 16% 177a 18 Ren Ir <fc Stl nfd . ... ... 44 U S Smelt 51’a 50% 51 52 Vanadium 25% 25'a 25% 25% U S Pipe & Fdy . ... 16% 16 a U S Steel 52 56% 57 56' 2 U S Steel pfd 95 95 Youngs S &T 31 31 Vi Rails— Atchison 67 66% 67 66 Atl Cst Line 46% 46% B & O 22 21 1/ 2 22 21 5 a CCan Pac 16 3 a 16 3 a 16% 18% Ch & Ohio 40% 39% 40% 40 Chi & C-t W 4% C M & St P. ... 5% 5% 5% 5% C M & St P pf 8 5 /a 8% 8% 8% Chi N W 7% 7V* 7V 4 7% Chi R Isl 5 % 5% Chi R I 7% pfd . . 8 Dela & Hud 76% 76 Erie ... ... M Grt Northern... 22% 22 % 22% 22% 111 Central 30% 30 30% 80% K C Sou 19 1974 Lou & Nash 55 M K <7rT MV* 14% 14% 14% Mo Pac 6% Mo Pac pfd 9 N Y Cent 36% 35% 36% 35% N Y Chi & St L 11% 11% NYC&StLp 16% 17% N Y New Haven 25% 2574 25%, 25% N Y Ont & Wes 13% Norfolk & Wes 148% Nor Pac 23% 23% 23% 23% Penn R R .. .. 28 27% 28 „ 28% Reading 53% Sou Pac 25% 25% 25% 25% Sou R R 24 2374 24 24 Sou R R pfd 32% Union Pac 112'% 111% 112% 112 Wabash 3% 4 W Maryland 11% 11% Motors— Auburn 70 68% 69% 70 Chrysler 25% 24% 25% 24% Gen Motors... 27% 26% 27% 2774 Graham Motors ... ... 374 Hudson 11% 11% 11% 12 Hupp ... . . 6‘/a Mack Truck .... 39% 38% 39% 38% Nash 20% 20% 20% 2074 Packard 6 Reo ... 5 74 5% Studebaker 6% 6% Yellow Truck 6% 6% 6% 6% Motor Access— Bendix 1774 1 6% 17 17% Bohn Alum 44% 44 7i Borg Warner 19 1872 Briggs 12% Budd Wheel 5 4% 4% 5 Eaton Mfg 13% 13% 1374 13% Elec Auto Lite.. 24% 23% 24% 24% Houd Hershey.. .. 6% Mullins Mfg 9% Murray Body .. 9% 974 9% 9% Stew Warner ... ... 8% Timken R 01.... 30 28% 30 30% Mining— Alaska Jun 22 21% 22 227a Am Smelt 36 34% 36 35 Anaconda 1774 1 774 1 7% 1774 Cal & Hecla BVi 874 8 % 8% Cerro De Pasco 26 2574 26 25% Granby 14% 14% 14% 1474 Gt Nor Ore ... 13 1374 Homestake Min 244 % Howe Sound 24 Ins Copper 8 874 Int Nickel 17% 1774 17% 1774 Isl Creek Coal.. 28 27% 28 27% Kennecott Cop.. 20% 19% 20% 2074 Nevada Cop 10% 10% Noranda Cop 29% Phelps Dodge ... 14 1374 1 4 14 Tobaccos— Am Snuff 47 47 Am Sum Tob 15 15% Am Tobacco A 8774 87% Am Tobacco B. 92 90% 91% 90% Gen Cigar .. ... ... 41% Ligg & Myers B 9274 92% Lorillard 2274 21% 22% 22% Reynolds Tob B 45 44% 45 45 74 Equipments— Allis Chalmers 2#. 21 Am Car & Fdv 25% 2574 Am Loco 23 > a 23 Am Mach & Fdv 19% 1874 19% 19% Am Steel Fdv.. .. .. 19% 19% Bald Loco 10% 1074 10% 11 Burroughs 18% 18% 18% 18% Case J I 86% 8474 8674 84% Cater Tract 2274 21% 21% 21 4 Colgat Palm Peet 19% Congoleum 1674 Elec Stor Bat ... ... 47% Foster Wheeler. . 18% 1874 18% 18% Gen Am Tank C 35% 3674 Gen Elec 24% 2374 2 4 24 Gen R R Sig 37 Ingsol Rand 73 Int Bus Mach 133% Int. Harvester.. 3974 3974 3974 39% Kelvinator 1074 1074 Natl Cash Reg.. 19% 18% 19% 19% Proc & Gamble 42 % Pullman Inc 45 4514 Simmons Bed... 18 17% 18 18 Und Elliot 31% 32% West Air (B).. 28% 28% 28% 29 Westingh Elec.. 48% 46 7 /s 47% 47% Worthington P 34 Utilities— Am & For Pwr. 18% 17% 18V* 18 Am Power & Lit 15 14% 15 14 3 4 AT* T 129% 127% 128% 127% Am Wat Wks 39% 37 39% 37% Brook Un Gas.. .. ... .. 8674 Col Gas & Elec.. 26 24% 26 24 Com & Sou 5% 5% 514 5% Consol Gas 62% 6174 62% 61% Elec Pwr & Lit.. 1474 1 374 14% 14 E P & L pfd 32% Int TANARUS& T 19 1 774 19 18% Lou G & E (A) 24 23% Nat Pwr & Lit.. 19% 18% 19% 19 74North Amer .... 35 33% 34% 33% Pac G& E 29% 29% Pub Serv N J 55% 54 74 55 % 54 So Cal Edison 26 26% Std Gas 22 20 22 . 20% Std Gas pfd . 23 United Corp... 13% 13% 13% 13% Un Gas Imp ... . ini'. Ut Pwr & L (A) 8% 7% 'j% 8% Western Union.. 58 56’% 57% 56% Rubbers— Firestone 24% Goodrich 16% 16% ‘i6% 16% Goodyear 36% 35% 36V 2 3674 U S Rubber ... M% 14% 14% 15 U S Rub pfd 28 *4 29 Amusements— CrosJey Radio 1314 fox . 4% 4% 474 474 Loews Inc 23% 2374 23% 22% Radio Corp 10% 10% 10% 10% RKO 5 47, Warner Bros ... 5% 5% 5% 574 Foods— Am Sug 65% 64% 65 65% Armour A 5 474 5 574 Beatrice Cream 2274 227a Borden Prod ... 36% 35% 36% 357 8 Cal Packing 24 23% 23% 24% Canada Dry G A 19% 1974 19% 19% Coca Cola 91 91 Cont Bak A 15% 15% Corn Prod 7674 7 574 7574 7 574 Crm of Wheat.. 37 36% 36% 37 Gen Foods 3674 3674 3674 3774

Foreign Exchange

(By Abbott, Hoppin & Cos.) —June 13Close. Sterling. England $4.14% Franc, France 0482% Lira, Italy 0638 Franc Belgium 1710 Mark, Germany 2870 Guilder. Holland 4925 Peseta. Spain 1045 Krone, Norway 2090 Krone, Denmark 1850

Daily Price Index

By United Press NEW YORK. June 13.—Dun & Bradstreet’s daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 Average. 100) Today 93.01 Monday 93.16 Week ago 91.49 Month ago 89.23 Year ago 71.89 1933 high (June 121 93.16 1933 low (Jan. 20) 67.86 (Copyright, 1933, Dun & Bradstreet, Inc.)

Investment Trust Shares

(Bv Abbott. Hoppin & Cos.) —June 14— Bid. Ask. Amer Bank Stocks Coro 1.33 1.54 Amer Founders Corn 1.37 1.87 Amer & General Sec A♦ 5.50 6.50 Basic Industry shares 3.39 British Type Inv Tr sh 1.00 1.10 Collateral Trustee shares A... 4.62 5.12 Corporate Trust shares (old* 2.45 Corporate Trust shares inewt 2 46 2.53 Cumulative Trust shares 4.38 Diversified Trust shares A.. 650 Diversified Trust shares B ... 7 62 8 00 Diversified Trust shares C... 320 3.30 Diversified Trust shares D 5.12 5.50 First Insurance Stock Corn. ... 1.83 2 16 First Common Stock Corn.... 1.26 1.44 Fixed Trust Oil shares A 8 80 9.10 Fixed Trust Oil shares B . 7.40 7.70 Fundamental Trust shares A.. 4.35 4 45 Fundamental Trust shares 8.. 4.15 4.35 Low Priced shares 5.87 Mass Inves Thrust shares 19.00 20 62 Nation Wide Securities 3.65 North Amer Trust shar 1 1953> 2 06 North Am Trust sh 1 55-56'.. 268 295 Selected American shares ... 2.77 281 Selected Cumulative shares.. 7.20 7.30 Selected Income share* 388 398 Std Amer Trust shares 3.10 3.25 Super Amer Trust sh A 3.10 Trust Shares of America .... 308 3.18 Trustee Std Oil A 5.15 5.30 Trustee Std Oil B 4.60 4.80 U S Electric Li & Power A.. 16.75 Universal Trust shares ..... 3.00 3.10

Gold Dust 24 2374 24 24 G W Sugar 28 25% 28 25% Hershey 56 Int Sait 26 Loose Wiles . .. 39% 39% 39% 39% Natl Biscuit ... 55% 55% 55% 56% Natl D Prod 22% 22% 22% 22% Puntv Bak 21% S Porto Rico Su 32 31% 32 32 Std Brands 20% 20% 20% 20% United Fruit . . 56% 56% 56% 57% Ward Bak A 14 14% Wrigiey 49% Retail Stores— Ass Dry Gds 13 13% Best &Cos 24% 23% 24% 2-i% Gimbel Bros ... 5 5% Gimbel nfd .. .. 21% Gr Un Tea 8% 8% 8% 8% Hahn Dept Sts.. 5 4% 4% 5 Kreske S S ... 1574 14% 15% 15% Kroger Groc 30% 31 Macv R H 60 May Deot St. . 29 28% 28% 29% Mont Ward 23% 23% 23% 24 Penny J C... 39% 38% 38% 39% Safewav St... 55% 54% 55% 55% Sears Roebuck.. 33% 32% 33% 33% Woolworth 4374 42% 42% 44% Aviation— Aviation Corn... 13% 1274 13% 13% Douglass Air 16% 17% Curtiss Wright 3% 3% Curtiss Wright A 6 5% 6 5% Nor Am Av .. . . 8% 8 8 8 United Aircraft.. 3074 30% 30% 34% Chemicals— Air Reduction ... 8174 ... Allied Chem .120 11774 120 118% Am Com Alcohol 32% 31% 31% 33% Col Carbon .... 60% 60% 60% 60% Com Solvents . . 19% 197a 19% 19% Dupont 7974 78% 79% 79 Freeoort Tex ... 37% 38 Liquid Carb .. 33 3274 32% 33 Mthwn Alkali 31% Tex Gulf Sulnh 28% 29% Union Carbide.. 4174 4074 41% 40% U S Indus Alcoh 49 48% 49 48 Drugs— Coty Inc 7 7 Drug Inc 5674 5674 56 % 56% Lambert 39% 38% 39% 3974 Lehn & Fink 21% 22 % Zonite Prod .... 6% 6% 674 6% Financial— Adams Exp .... 11% 10% 11% 10% Allegheny Corp.. 4% 4% 474 4% Chesa Corp .... 39% 38% 39 38% Transamerica.... 8V 4 7% 874 874 Tr Cbntl Corp.. 774 7% 7% 8 Building— Am Radiator.... 15% 1474 1574 1474 Gen Asphalt 16% 16% Int Cement 28% 28% Johns Manville.. 4574 43% 45% 43% Libby Owens Gls 30% 29% 30% 30 Otis Elev 21 20% 2074 2174 Ulen Const 3 274 Miscellaneous— Am Bank Note.. 24 23% 23% 2474 Am Can 0374 9274 92% 92 Anchor Cap ... ... 21% Brklyn Man Tr.. 39% 3874 39% 38% Conti Can 58% 58 58 58% Eastman Kodak. .. .. 82 8274 Owens Bottle. .. 77% 77 77% 7674 Gillette 15% 15% 15% 16 Glidden 1474 14% 14% 14% Gotham Silk 16% 15% 16% 16% Indus Rayon ... 69 68% 68% 69 Inter Rapid Tr. . 974 8% 974 874 Real Silk Hose.. 19 17% 19 19 New York Curb -(By Abbott, Hoppin & Cos.) —June 13Close. Close. Alum Cos of Am 90% Inti Ptrol 15% Am Bev 2% Lone Star Gas.. 1074 Am Ct P A L B 13% Mount Prod 674 Am Gas El.. 467a Natl Bellas Hess 4 Am Sup Pwr... 8% Niag Hud Pwr.. 14741 Ark Natl Pr A. 3% Pan Am Airways 4074 Asso Gas A ... 2%jFennroad 374 Atlas Ut Corp. 17%!Pioneer G 1 Min 1474 Braz Tr & Lt.. 15 iSt Regis Paper.. 6% Cent Sts Ei ... 4%lSalt Cr Prod ... 874 Com Edison ... 71%IStutz 15% Cord ll%!Std Oil of Tnd.. 29% Deere & Cos ... 18%!Std Oil of Kv.. 16% El Bnd & Sh... 36% I United Founders 2% Ford of Eng ... 4%!United Gas .... 474 Ford Mot Can.. ll%IUn Lt & Pr A.. 8% Huds Bay Min. 9 (United Verde .. 5 Imperial Oil .. ll%!Util Pwr & Lt.. 374 Irving Airchute 8741 New York Bank Stocks (By Abbott, Hoppin & Cos.) —June 13Bid. Ask. Bankers 7274 73 Brooklyn Trust 148 155 Central Hanover 149 151 Chase National 34% 35% Chemical 43 43% City” National *O% 40% Corn Exchange 68*4 69% Continental 18% 19% Empire 25 25% First National 1,575 1.590 Guaranty 345 345 Irving 25 25% Mnahattan & Cos 3574 3674 Manufacturers 2 2 74 2 2 74 New York Trust 106% 1077 2 Public 3474 35 Liberty Bonds By I'nited Press NEW YORK. June 13.—Closing liberty bonds: Liberty 3%s (32-47) 102 19 Liberty Ist 4s (32-47) 101 17 Liberty Ist 474s (32-47) 102.15 Liberty 4th 474s (33-38) 103.1 Treasury 4%s (47-52) 110 Treasury 4s (44-54) 106 8 Treasury 3%s (46-56) 104 20 Treasury 374s (43-47) 102 14 Treasury 3%s (41-43) March 102.13 Treasury 3%s (40-43) June 102.11 Treasury 374s (46-49) 100.1 Treasury 3s (51-55) 98 24

CHICAGO STOCKS

(By Abbott. Hoppin & Cos.) High. Low. Close. Adams Mfg 7% Asbestos Mfg 5% 5 5 Bastian-Blessing 15% 13% 13% Bendix Aviation 1 18% 17% 17% Eorg-Warner 19% 18% 18 % Berghoff 18% 18 18% E L Bruce Cos 13 11% 12 Butler Bros 6% 5 7 /a 5 7 a Cent & So West 33% 3 3*/a Chicago Corp com ... 4% 4% 4% Chicago Corp pfd .... 28 27 27 Chicago Yellow Cab.... 16% 16 16 Cities Service 5% 5% 5% Commonwealth Edison.. 72Va 70 70% Coru Corp 12% 11% 11% Crane Cos 9% 9% 9% Electric Household .... 13% 12% 13 Great Lakes Aircraft.. 2 1% 1% Grigsbv-Grunow 2% 2% 2% Libbv-McNeil 7% 7% 7% Lynch Corn 32% 31 % 31 % Midland United 2% National Leather 22 21% 22 Noblitt-Sparks Ind Inc 26% 26% 26% Perfect Circle 26 25 25 Prima Cos • 26% 24% 25% Public Servivce N P.. 39 38% 38% Quaker Oats 125 Seaboard Util shares.. 1% 1% 1% Swift & Cos 22 21 % 21% Swift Internacional. .. 32 30% 30% U S Gvpsum com 41 U S Radio & Tel 21 18% 19 Utility & Ind 3% 2% 3 Utility & Ind pfd 7 6% 6% Vortex Cup Cos 7% Walgreen Cos com .... 19% 19% 19% Zenith Radio 2% 2 2%

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HOGS SLOW IN LOWER RANGE AT CITYYARDS Cattle Trade Dull, Bidding Around 25 Cents Off: Sheep Higher. Hogs were undeveloped in early trade this morning at the city yards with no sales reported. Indications were that the market would settle down in a range 15 cents under Tuesday’s average. Receipts were 9,000. Holdvers were 495. In the cattle market trade in beef steers was slow with bidding around 25 cents lower. Low grade cows were steady with other she stock under pressure. Receipts were 1.500. Vealers were steady to 50 cents lower. Most sales were made at $4.50 down. Top price was $5. Calf receipts numbered 600. Good and choice lambs were strong to higher in the sheep market, selling mostly at $8 to $8.25. One small lot was reported at $8.50. Supply of unfinished lambs was liberal with the tendency lower, mostly $7.50 down. Receipts were 1,300. With practically no action displayed in hog trading at Chicago, asking held steady and indications were slightly lower. Early bulk prices were undetermined. Receipts were estimated at 36.000. including 18,000 direct; holdovers 4,000. Cattle receipts numbered 12,000; calves. 2,500; market mostly unchanged to 25 cents lower. Sheep receipts were 10,000; market steady. HOGS June. Bulk. Top. Receipts. 7. $4.70(6; 4.75 $4.75 8,500 8. 4.504) 4.60 4.65 8.500 9. 4.50(3 4.60 4.65 7.500 10. 4.45(3; 4.55 4.60 3.500 12. 4.55© 4.60 4.75 7,500 13. 4.55(3 4.65 4.70 11.000 14. 4.55@ 4.65 4 70 9,000 Market, lower. (140-160) Good and choice $ 4.15@ 4.25 —Light Weights—-(l6o-180) Good and choice.... 4,55 (180-200) Good and choice.... 4.55 —Medium Weights—-(2oo-220) Good and choice ... 4.60 (220-250) Good and choice.... 4.60© 470 —Heavy Weights—-(2so-290) Good and choice 4 65© 4.70 (290-350) Good and choice..'.. 4.60© 4.65 —Packing Sows—(3so down) Good 4.10© 4.35 (350 up) Good 4.00© 4.25 (All weights) medium 3.75© 4.10 —Slaughter Pigs—-(llo-190) Good and choice.... 3.75© 4.00 CATTLE Receipts. 1,300; market, steady. (1.050-1,100) Good and choice $ 5.25© 7.00 Common and medium 4.00© 5.25 (1.100-1,500) Good and choice 5.25© .700 Medium 4.25© 5.25 —Heifers—-(sso-750) Good and choice 5.00© 6.00 Common and medium 3.50© 5.00 (750-9001 Good and choice 4.50© 5.75 Common and medium 3.25© 4.50 —Cows— Good 3.50© 4.00 Common and medium 2.75© 3.50 Low cutter and cutters 4.50© 2.75 —Bulls (yearlings excluded) Good (beef) 3.00© 3.50 Cutter, common and medium.. 3.00© 3.50 VEALEFS Receipts. 600; market, steady. Good and choice $ 4.50© 5.00 Medium 3.50© 4.50 Cull and common 2.00© 3.50 —Calves—-(2so-500) — Good and choice 3.50© 4.50 Common and medium 2 50© 3.50 —Feeder and Stocker Cattle—-(soo-800) — Good and choice 4.75© 6.00 Common and medium 3.00© 4.75 (800-1.5001-Good and choice 4.75© 6.00 Common and medium 3.00© 4.75 SHEEP AND LAMBS Receipts, 1,300; market, steady. —Lambs, Shorn Basis—(Bo lbs. down) good & choice.s 7.50© 8.25 (90 lbs. dowm) com. & med... 5.50© 7.50 —Ewes— Good and choice 2.00© 3.00 Common and medium I.oo© 2.00 Other Livestock BY UNITED PRESS EAST BUFFALO. June 14.—Hogs—On sale. 2.100: rather slow 1 , steady to 10c lower; desirable 180-240 lbs., $4.90©5; few decks. 230-240 lbs., $5.05; medium weights and plainer quality. $4.65© 4.80; bidding downward to $3.50 for unfinished lights and pigs. Cattle—Receipts, 225; steady: common steers and heifers. $4.50© 5.50; largely 54.75©5.25; low cutter and cutter cows, $1.75©2.50. Calves—Receipts. 300; vealers slow, barely steady; good to choice. $5.50; sparingly $6; common and medium. 54.50®5.25. Sheep—Receipts, 700; lamb trade very slow, scattered sales around 50c lower; bulk unsold; oualitv plain: good to near choice natives. $8; holding better lots around $8.50. EAST ST. LOUIS, 111., Junq 14.—Hogs— Receipts. 13,500; market slow. s©loc lower than Tuesday’s average; top. $4.65; most 170-250 lbs., $4.50©4.60; few around 150 lbs., $4.10: sows. $3.75©3.90. Cattle—Receipts, 2.800; calves. 1,500; market slow: lower undertone on steers and beef cows; very few’ heifers, steady, with some interest bidding lower: low cutters steady to $1.50(32; sausage bulls barely steady; few 1 bulls, $2.65© 3; good and choice vealers. 25c lower at $4.50. Sheep—Receipts. 7,000; market, not developed; packers bidding lower; one load good to choice prime lambs. SB.lo© 8.35 to shipper*. PITTSBURGH. June 14.—Hogs—Receipts, 750; market mostly 5c lower; 180260 lbs., $4.90©5.05; 130-170 lbs., $4.25© 4.75; pigs, mostlys4 downward: most packing sows. $3.50©3.75. Cattle—Receipts. 15; market, slow, unchanged; good to choice steers quoted $5.85© 7; common to medium heifers. 53.85© 5.25; common to medium bulls. 53.15©.3.65; calves, receipts. 100: market, steady to 6c lower; good to choice vealers, $4.50©5. Sheep— Receipts, 250; market, lambs weak to 25c lower; good to choice, $7.50©8.25; yearlings, $5.25© 6.25.

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bids or offerings, but merely indicate the approximate market level i based on buying and selling inquiries or recent transactions —June 14— STOCKS ;„ , Bid. Ask. Belt Rail & Stock Yards com. 25 30 ! Belt Rail A- stock Yds pfd 6% 45 50 Cit.zens Gas com 13 18 ; Citizens Gas Cos pfd 5% SO 65 j Home TA-T Ft Wavne nfd 7 ■ 36% 40% j Ind A- Mich Elec Cos pfd 7% 65 70 Ind Gen Service Cos pfd 6%.. 59 63 Ind Hydro Elec Cos 7Vr 20 25 Indp'.s Gas Cos com 40 45 Indpls Pwr, A Lt 6% 64 69 Ir.dpls Pwr A Lt Cos nfd 6%" pg% 73% Ind Dis Water Cos pfd S', ... 86 91 No Ind Pub Serv Cos pfd 5%'.- 38 42 I No Ind Pub Ser Cos r - 40 44 No Ind Pab Ser Cos 77 42% 46% , Public Serv Cos of Ind nfd 6C- 18 22 Public Serv Cos of Ind pfd 1% 36 43 j South Ind Gas A El pfd 5% . . 52 56 Terre Haute Elec pfd 67 39 44 BONDS Citizens Gas Cos 5s 1942 75% 80% Home TAW 5%s 1955 93% 97% Home T A T W 6s 1943 94% 98% [lndpls Gas Cos 5s 1952 72' a 77% ! Indpls Rys Inc 5s 1967 24 29 Indpls Water Cos 4%s 1952 ..95 99 i Indpls Water Cos 5s 1960 91 95 Indpls Water Cos 5s 1970 91 95 Indpls Water Cos 5%s 1953 ... 97 101 Indpls Water Cos 5%s 1954 ... 97 101 Kokomo Water Works. 1958... . 72 77 Lafayette Tel Cos 5s 1957 81 85 Muncie W r ater Works 5s 1930 . 80 85 Richmond Water Works 1957 82 86 Terre Haute Water Wk 3s 1956 82 87 Terre Haute Wat Wk 6s 1949. 91 96 Traction Terminal Cos 5s 1957.. 41 47 Joint Stock Land Banks Bid. Ask. Atlanta 57 37 41 Atlantic 57 45 49 ! Burlington 57 34 38 | California 5 7 54 58 | 'Chicago 57 24'2 28% ! Dallas 5 7 51 55 i Denver 57 50 54 i Des Moines 57 43 47 I First Carolina 57 . 33 37 First Ft. Wavne 5 7 50 54 (First Montgomery 57 37'2 41'2 | First New Orleans 57 46 % 40% I First Texas 5 7 44 48 First Tr Chicago 57 51% 55% ; Fletcher 5 7 68 72 Fremont 57 49 53 ( Greenbrier 5 7 45 49 I Illinois Monticello 57 60 65 Illinois-Midwest 5 7 40 . 44 Indianapolis 57 77 80 lowa 57 53% 5P% Kentucky 57 60 64 Lafayette 57 50 54 Lincoln 57 49 53 Louisville 5% 50' 2 54% Marvland-Virginia 57 63 67 Mississippi 5 7 43 46% New York 57 46 50 North Carolina 5 7 39 43 Oregon Washington 57 ...... 37 41 Pacific Portland 57 44 48 Pacific Salt Lake 5 7 47% 51 % Pacific San Francisco 57 47% 51% Pennsylvania 5 7 52 58 Phoenix 57 66% 70% Potomac 57 45)5 49 a J “St Louis 57 33 26 San Antonio 5 7 54 58 ‘Southern Minesota 57 14 17 Southwest SCo 41 45 Tennesse 57 43 46 Union Detroit 57 41 45 Union Louisville 57 51 54 Virginia Carolina 57 43 47 Virginia 57 50 54 •Flat.

Indianapolis Cash Grain

—June 13— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41 % New York rate, were: WHEAT—Easy; No. 1 red. 69©70c; No. 2 red. 63® 69c; No. 2 hard. 66® 69c. CORN—Easy; No. 3 white, 38%©39%c: No. 4 white. 37%®38%c; No. 3 vellow. 30%®36%c: No. 4 vellow. 34%©35%c: No. 3 mixed. 31%©32%c: No. 4 mixed. 33%@ 34 %c. OATS—Easv; No. 2 white. 23%©24c; No 3 white. 23©23%c. HAY—(F. o. b. country points asking 23%c or less rates to Cincinnati or Lousvillei. Steady! No. 1 timothy. $5.50@6; No. 2 timothy, $5®5.50. —lnspections WHEAT—No. 2 red. 3 cars; No. 1 mixed. 1 car; sample, 1 car: total. 5 cars. CORN—No. 1 white. 1 car; No. 2 white. 13 cars; No. 2 white. 3 cars; No. 4 white, 2 cars: No. 6 white. 3 cars; sample white. 3 cars: No. 2 yellow. 20 cars; No. 3 yellow, 12 cars; No. 4 yellow, 5 cars; No. 5 vellow. 2 cars; No. 6 vellow. 5 cars: sample yellow, 9 cars; No. 2 mixed, 1 car; total, OATB—No. 2 white. 7 cars: No. 3 white. 8 cars: No 4 white. 2 cars; sample white. 1 car; total. 18 cars. TOLEDO CASH GRAIN By United Press TOLEDO. June 13.—Cash grain close: Grain in elevators, transit billing: Wheat —No. 2 red. 79%©80%c: No. 1 red. lc premium. Corn —No. 2 vellow’. 47%©48%c. Oats-No. 2 white. ai%©32%c. Oats—No. 2 white. 31%© 32%c. Rye—No. 2. 64©65c. Track prices. 28%c rate: Wheat—No. 1 red. 76®76%c: No. 2 red. 75©75%c. Corn —No. 2 vellow 43© 44c: No. 3 vellow. 42 ©43c. Oats—No. 2 white. 28%®29%c; No. 3 white. 28© 29c. Toledo seed close: Clover—Cash, $7.50: October. $7.75. Alsike —Cash. $7.50: August. $7.75. Toledo produce close; Butter—Fancy creamery. 27c. Eggs—Extras. 10% @ 11c. Hay—Timothy. per cwt.. 70c.

Produce Markets

Delivered in Indianapolis prices: Hens, heavy breeds over 4’ 2 lbs.. 8c: Leghorns, 6c. Broilers: Colored springers. l'/ 2 lbs. up. 14c: springers (Leghorn), l'.i lbs. up. 11c: barebacks. 7c: cocks and stags. 6c; Leghorn cocks and Leghorn stags. sc. Ducks, large white, full feathered and fat. over 4 lU'.. 4c: small and colored. 3c. Geese, full feathered and fat. 3c. Young guineas, 20c: old guineas. 15c. Eggs—No. 1 fresh countrv run eggs. Bc. Each full egg case must weigh 55 lbs. gross; a deduction of 10c per lb. for each lb. under 55 lbs. gross will be made. Quoted by the Wadley Company. BY UNITED PRESS CHICAGO, June 14.—Eggs—Market unsettled; prices unchanged: receipts. 15,772 cases: extra firsts. ll'i(& 11 3, 4 C: firsts. 11 ®llV 2 c; current receipts. 10c: dirties. iV*c. Butter—Market, unsettled: unchanged to ’ 2 c low'er: receipts. 16,009 tubs; specials. 22(222 the; extras. 21 *-ic: extra firsts. 20’'a® 21c; firsts. 19®20c; seconds. 17@18c; standards. 21 1 Poultry—Market, steady; receipts, 40 trucks: fowls. 9 , 2'T<10 1 2 c: Leghorn broilers. 11® 13c; Leghorns, 8c; ducks, 6SBc; geese. 6’ 2 c; turkeys, 10®12c; roosters, 8 ! 2 c; broilers. 15® 20c; stags. 11c. Cheese—Twins. 1313 1 ic: young Americas, 13‘,a®:13-4C. Potatoes—On track. 184: arrivals. 52: shipments. 685: market steady to slightly stronger; Alabama and Louisiana sacked triumphs, $2.15®2 35; Texas sacked triumphs, $2.25® 2.35; North Carolina. barrel cobblers, $3.30®3.40; Wisconsin sacked round whites, and Michigan sacked Russett Rurals, 95c® $1.05; Idaho sacked russets. $1.65. NEW YORK. June 14—Potatoes—Firm: southern. 50c®52.85 per barrel: Maine. $1.10®2.25 per barrel; Bermuda. $8.50 per barrel. Sweet potatoes—Steady; Jersey | baskets, 75c® $2; southern baskets, 50c® $1.50. Flour—Quiet; springs. patents, $4 90® 5.20 per sack. Pork—Firm mess. S2O per barrel. Lard—Easy; middle spot. 50.55®6.65 per 100 lbs. Petroleum —Firm; New York refined. 17c; crude Pennsylvania. 50c® $1.37 per barrel. Grease—Quiet; brown. 3,®34 per lb ; yellow. 3 5 s® 3%c per lb.; white. 3 3 4®4i 2C lb. Tallow Quiet: special to extra, 3 7 *®4' 2 c per lb. Common hides—Nominal. Grease—Quiet; brown. 3 5 8 ®3 3 4 c per lb.; yellow per lb.: white. 3 3 4®4 ! 2 c per lb. TallowQuiet; special to extra 378®4>' 2 c per lb. Common hides.—Nominal: citv packer, steady; native steers. 12’ 2 c; butt brands. 12‘ 2 c: Colorados. 32’jc. Dressed poultry —JvveßJilar; turkeys. 14®25c; chickens, 9 ®2sc; broilers. 15®22c: fowls. 9® 15c: Long Island ducks. 13c. Live poultry—Steady; geese. 6® 8c; turkeys. 1015 c; roosters. 11c; ducks. 9® 10c: fowls. 9® 12c: broilers, 12® 20c. Cheese—Quiet: state whole milk, fancy to specials. 2021' 2 c; young Americas. 15® 18c. Butter—Market, steady; higher than extras. 22 3 4 ®23 ! 4 c, extra 92 score. 22’ 4 c: first. 90-91 score. 21 1 2 22 c; hrsts. 88 to 89 score. 20‘ 2 ®.21c: seconds, 2 , . E kks —Market, steady; special pack including unusual hennery selections. 14®, 16Vac; standards. 13 1 2 C; firsts. 12Uc; seconds mediums. ll®ll* 2 c; checks. 10®,10 ! jc; storage packs. 13c; i white eggs. Pacific coast, fresh, shell ; treated fancy 22 1 ®22 3 „c; Pacific coast.! standards. 21 > ®22 , 4 c: Pacific coast, sheli treated mediums, 19 3 4®20>4c. Other Livestock BY UNITED PRESS 9 iv& EV *F I 7£ ND 'Jo 11 * 14 —Hogs—Receipts. 2 00C: holdover. 52; steady to 10c lower at standstill: indications 25c off: 180- - e 4 ' 7s ' rough sows $3.50; talking 53.50® 3.,5 on wegihts under 150 Cattle—Receipts. 250: steers and bulls steady to 25c lower: cows little -change; common to medium steers, under 1.000 * 4 , 5 . 0 ® 5 , 6 ,\- jow putter to medium SyH- few bulls above,, f an and to 53.50. Calves—Receipts 500. J**|* rs - a J ron s, t 0 50c higher: soots on lower grades *1 up: good to choice freely at $0.50 a6: little available below $4 Sheen 80 ? : •*'•■ steady to higher; ~s oc un: good to choice 7fiß: bulk. $7.50 up with choice. tJ-67 lbs at too: throwouts mostly $6: vearlines scarce: few sheep steady. ,WAYNE. June 14 —Hogs—Market. 20®25c lower: 200-350 lbs.. *4 55; 200-250 si s i's S4 ,nS : ,4 1 e 0 T? 00 lbs $3 25 140-270 lbs . ■'Ll 5 ' Ml l4o lb* •*3 50; roughs. $3 75; -.ags $2 50 calves. $4.50; spring lambs. $7 VMarket. steers, good to choice. ss® 3 00. medium to gocd. $4 59®5; common to medium $3.50® heifers, good to j choice. ss®a.so: medium to good $4 59®5 common to medium, $3 50® 4 50: cows, good to choice. s3® 3.50: medium to good $2 50 “■ >ws. s2® 2 50: canner cows. $1 ®2; bulls, good to choice, $3413.50: medium to good. $2.75®3. Arrested in Delinquency Case Charged with contributing to the delinquincy of a 13-year-old girl, Carlos P. Osgood, 50, living in a, downtown hotel, was arrested Tues- | day night. ’

PAGE 19

LIGHT SELLING, POOR SUPPORT LOWERSGRAINS Favorable Weather. Weak Cables Affect All Futures. BY HAROLD E. RAIXVILLE I'nited Frrss Staff Correspondrnt CHICAGO. June 14.—Grain prices continued to react as the Board of Trade opened today under the influence of favorable weather and news from Washington and London. Scattered selling found support limited and wheat was off H to cent. Trading was light and the market nervous at the start. Irregularity in stocks was a factor with the weak cables. Corn was uneven, unchanged to T s cent lower. September showing the steadiness. Oats was H to % cent lower, rye cent lower and barley % cent down. Provisions were easy. Another sharp reaction in sterling today caused Liverpool to decline 1 cent by mid-afternoon. Sentiment is largely mixed, and crop news is unfavorable. Cash corn advanced as much as 5 cents on the lower grades Tuesday but the futures market was held back by the unsettlement in wheat. The weather remains favorable for the crop. News is bullish on oats with new highs set almost daily. A short crop generally is expected. Chicago Primary Receipts —June 13— Wheat 655.000 Corn 1,100.000 Oats 339,000 Chicago Futures Range —June 14— WHEAT— * Prev. High. Low. 10:00 c!os<>. Julv 76% ,7fi 3 * .76% .77% September .. 78 3 f .78% .78% .79% December ... .81% .80% .81% .81% CORN— Julv 44% .44% .44% .45% September ... .48% 48 .48 .43% December ... .50% .50% .50% .51% OATS— Julv 28% .28% .28% .28% September .. .30 .29% .29% .30% December ... .31 % .31% .31% .32 RYE— Julv 62% .62% .62% .62% September . .64% 64% .64% .64% December ... .67% .67% .67% .67% BARLEY— Julv 37% .37% September .39% .39 .39 .39% December .43 CHICAGO CASH GRAIN By I'nited Press CHICAGO. June 13.—Cash grain close: Wheat—No. 2 hard. 77%c. Corn—No. 2 ford 77%c. Corn—No. 2 mixed. 41©44c; No. 2 mixed, old. 44%c. No. 4 mixed. 41%c; No. 6 mixed. 33© 36c; No 2 yellow. 43%© 45%c: No. 2 vellow. old. 45%c: No. 3 yellow. 41%©42%c: No. 3 yellow, old. 43® 43%c: No. 4 vellow. 37©40%c; No. 6 yellow. 33%©36c. No. 2 white, 44%®45%c: No. 3 white. 43%©44%c: No 4 white. 39 ©42%c: No. 6 white. 33%©36c; sample grade. 24©33c Oats —No. 2 white. 29%c; No. 3 white. 27%28%c: No. 4 white. 27% ©27%c. Rve—No. 1; part car 63 %c. Barlev—3o© 55c Timothy—s2.7s©3.2s. Clover —s7.so® 11.75. INDIANAPOLIS WAGON WHEAT Citv grain elevators are paving 66 cents or No. 2 soft red wheat and 65 cents for No. 2 hard wheat: other grades on their merits ANNOUNCEMENTS 1 Death Notices BELLES, LUCINDA—Beloved mother of Byron, Earl. Dale and Joe Belles and liable Garrett, departed this life Sunday. June 11. Funeral Thursday at the residence. 4715 Carvel Ave., 10 a. m. Burial Memorial Park. Funeral under direction of MOORE <fe KIRK. Friends invited. CARTER PERRY —Os 1031 E. Georgia, beloved husband of Marv Carter, father of Mrs. Marguerite Campbell, James. George. Katherine and Henry Carter, half brother of William Carter of Columbus. Ind., passed awav Tuesday, June 13. Funeral notice later, for further information call W. T. BLASENGYM FUNERAL HOME. DR-2570. CIRCLE. GORDON W.—Beloved son of Mr. and Mrs. Henry L. Circle of Oaklandon. Ind., departed this life Sunday, June 11, at the Marine barracks. New York. Funeral Thursday, June 15. at the MOORE <fc KIRK FUNERAL HOME. 2530 Station st.. 2 p m. Burial Washington Park cemetery. Friends invited KARC HER, MATILDA Beloved grandmother of Chkrles W. Shellenberg of Harper. Kan.r passed away at the residence, 1609 S. Meridian St.. Wednesday. June 14. age 79 years. Funeral services will be held at the WALD FUNERAL HOME. 1222 Union St.. Saturday afternoon. June 17. at 2 o'clock. Burial Crown_Hii 1 cemcterv. Friends invited. LUCAS. WILFORD — Beloved brother of Warren. Sida. Walter, Eathel and Medford of Indianapolis; Samuel of Kellogg. Idaho, and James of New York, passed awav June 13. Services at the home. R. R. No. 9, Sloane Ave., Friday. 2 p m. Burial Memorial Park cemetery. Friends invited. LITTLE <fe SONS in charge. M CLURE, NELLIE V.—Age 37 years, beloved sister of Mrs. Tifiie Surber. June Kelso Thomas, Jacob and Albert McClure. passed awav earlv Tuesday at the residence. 1821 W. Washington St. Funeral services Thi rsday. 2 p. m.. at the above address. Friends invited Burial Crown Hill. CONKLE SERVICE. MONAGHAN. MARGARET E. (nee Judge) —Beloved wife of Thomas Monaghan and mother of Mrs. Ellen McMifllan. Mrs. Mildred Braun. Mrs. Dorothv Hartman and Robert J. Monaghan of Beliington. Wash., passed away June 12. at the residence. 19 N Euclid. Funeral Thursday. June 15. 830 at the residence. Services Our Lady of Lourdes church, 9 a. m. Interment Holy Cross cemetery. Friends invited. ROBERTS. GlLßEßT—Husband of Nellie V. Roberts of Homecroft Died St. Vincent's hospital Friends mav call at the KIRBY DINN MORTUARY. 1901 N. Meridian St.. 2 to 4 and 7 to 9 p. m. Funeral Thursday. 8:30 at the mortuarv. 9 a. m. at St. Peter and Paul Cathedral. Burial Holv Cross cemetery. Friends invited. 2 Cards, In Memoriams HOFFMAN—We wish to express our deep ’gratitude to our many friends, neighbors and relatives for their kindness, sympathy and beautiful floral offerings in our recent bereavement in the death of our beloved husband and father HENRY HOFFMAN MRS. MARY HOFFMAN AND FAMILY. SHARP—We wish to express our deep gratitude *o relatives and friends for their kind ess and svmpathv shown us during th(. death of our beloved husband and father Rev. J. CHARLES SHARP We especially thank the window trimmers of the William H. Block Cos.. Rev. Hartup. also the pallbearers and singers and the undertaker Rov T. Toien and all for the floral offerings. WIFE MINNIE A SHARP. WERSHING—We wish to express our sincere thanks to the many friends who gave us their kindness, sympathy and beautiful flora! offerings during the illness and death of our belowed wife, mother and grandmother, Magie Neal Wershing MR F B WERSHING AND FAMILY. 3 Funeral Directors, Florists W. T. BLASENGYM Main office 2226 Shelby St. Branch office. 1634 W. Morrla FINN BROS. Funeral Home 1639 N Meridian 8t TA-1835. GRINSTEINER’S 522 E. Market RI-5374 HISEY & TITUS 957 N. Delaware Johnson & Montgomery Funeral Home 1622 N Meridian. HA-7444. J. C. WILSON 1230 Prospect DR-0321-0322 5 Personals RENT A MAYTAG $1 per week. L. S AYBEB&CO. t 6 Transportation MODERN TRAVEL BUREAU Brevort Hotel RI-2 i Chi.. $3 —St. Louis. S3.SO—N Y sl*. .Reclining Sleeper Chairs—Buses Dsily.