Indianapolis Times, Volume 45, Number 43, Indianapolis, Marion County, 30 June 1933 — Page 21
JUNE 30, 1933
Wall Street Sharp Advance in Wheat Price Reflects Crop Shortage as Much as Farm Aid Activities. BY RALPH HENDERSHOTTimrt Special Financial Writer The advance of 13 % cents a bushel in wheat in two days, following a more or less steady forward movement for about two months, may lead to a misinterpretation of the operations of the administration in Washington in the interest of the farmer. The weather man probably was as responsible for the advance as were President Roosevelt and his staff, if not more so. The country faces an unusually short wheat crop this year, due to drought. It is extremely doubtful that the administration desired such a swift rise in wheat. But it was powerless to prevent it unless it wished to take
drastic action. The rise is suggestive of overspeculation, but the crop figures may prove the advance entirely justified. In Kansas, it is said, many of the farmers will not attempt to harvest their wheat. Such a condition in that state is bound to greatly reduce the output of the grain this year. It had been known for some time, of course, that the prospects w'ere not good, but many thought that rain might come along in time to save a large portion of the crop, at least. tt tt 9 Balancing the Budget Miscellaneous tax receipts by the government in May aggregated nearly sloo.ooo,ooo—according to all [ accounts, anew high for any peace-time month. The good showing no doubt reflects the betterment in trade and may be an indicator of the direction income tax receipts may take, with the administration demanding reductions in governmental expenditures
Ralph Hendershot
and with income through taxation on the upgrade it may not be so difficult to balance the national budget as many people had assumed a month or so ago. And a balanced budget undoubtedly would give business another boost. ana Trade Codes Helpful Aside from the obvious benefits, trade codes would appear to be beneficial to industry' from at least two other sources, viz., credit and forward buying Banks should be willing to lend more freely to concerns in industries which are protected against vicious price cutting, thereby restoring the normal credit relationship between the two. Well-managed corporations with sufficient credit and with governmental assurance that prices of commodities are to be protected should be In a position to anticipate their requirements in advance with a minimum of risk. This buying, in turn, would tend to sitmulate trade in other quarters. nan Inflation Effects Those who have been fighting inflation in this country as an unnecessary evil have been inclined to place considerable stress on the fact that our international balance of trade declined in May, as compared with April, as indicating that the drop in the dollar has not stimulated our business abroad. The inference would seem to be a bit misleading. Our exports In May were up quite sharply over Apr}l, while a year ago the reverse was true. The drop in the balance of trade was due to the fact that our imports also v.ere higher in proportion to those last year.
New York Stocks —————— ( 3 V Abbott. Hoppln Sc Cos.) "'
—June 30— OLs— Prev. High. Low. 11:00 close. Amerada 33 Atl Rfg .. 28V. 27% 21% 28% Barnsdall , ?% 9% Consol Oil ... 14% 137* 14V* 14% Cont of Del 15’/a 15% Houston tnew> 6 o. Houston 1 old 1 3 i % Mid Cont Pet 13% }?% Ohio Oil 15% I5V* 15% 10% Pet Coro ... •• • 13 ’/a Phillips Pet 15% 14% 15 14% Pure Oil 8% 8% Roval Dutch 31% 31% Sbd Oil 29 V* Shell Union.... 8% 8% 8% 9 Simms Pet 11 Skellev Oil 9 9% 80c Vac 12% 12% 12% 13% SO of Cal 35% 35% 35% 35% 8 O of N J.. 37% 37% 37% 37% Bun Oil 45 Texas Corn 23% 23% 23% 24 Tidewater Assn 9% 9 9 9% Un Oil of Cal 20 20 Steels— Am Roll Mills,. 19% 19% 19% 19 Beth Steel 40% 39% 39% 40V* Byers AM ... ?7% Col Fuel 6c Iron 13 13 Cruc Steel 22% 21% 21% 23 Inland Steel - • • 40% Ludlum Steel . 17 16V* 17 17 McKeesport Tin 83 Natl Steel .... 82 81% Ren Iron Sc Steel 17% i7% 17% 17% Rep Ir Sc Stl pfd 41% 41% 41% 41% US Smelt 53V* 51% 53V* 51% Vanadium 25 24% 25 15 Midland 15 U S Pipe & Fdv. 19% 19% 19% 19>/* U S Steel 57% 56% 57% 58 U S Steel pfd 97 Youngs’n BSc T .. ... 29% 30 Rail*— Atchison 68% 65 % 66% 65% Atl Cst Line.... 46 45% 46 46% B Sc O 25 7 4 25 Vi 25% 25% Can Pac 17% 17% 17% 17% Ch & Ohio. 42 40’ B 41 41 Chi & Gt W 4% 4% C M & St P 8-s C M <fc St P pfd ... ... 9% Chi N W 8% 8% 8% 8 a Chi R Isl 1% 7% 7% 6% Dela Sc Hud •• 77% 77% Erie 16 15% l fi 24 111 Central 31% 31% 31% 31% Lou & Nash 55 a MK&T 13% 13% Mo Pac ••• 5 % 5 a N °Y P£ Cent a nd. ... .41 40% 40% 40% N Y Chi & St L 18 18% NYC&StLp.. ... 23% 23% N Y New Haven 26% 25% 26% 25% N Y Ont & Wes 12% Norfolk Sc Wes. .... 1® Nor Pac 23% 23% 23% 24 Penn R R 30% 30% 30% 30-/* ;• Sou R R 24% 23% 24% 24% Union Pac u 5,, Wabash ••• ••• W Maryland n * Auburn 62% 61% 62% 62 Chrvsltr 33 *'2 33 Vs 33 Va 33/s Gen Motors. . .29 28 s . 28% 29 Graham Motors ’% Hudson “ MacS Truck ' ... 41 40% Nash ....... 20% 20% 20% 20% Packard . •• ■ *% 8 Reo ♦% 4 % 4 % 4 % Studebaker , • ■ *" Yellow Truck . 5% S% 5% 6 Motor Access— Bendix 1”% 17% 17% 17% Bohn Alum 47 47 Borg Warner 18% 18% Briggs 11% IJ% Budd Wheel , 4% Eaton Mfg 13% 13% Elec Ajito Lite 23% 23% Houd Hershey .... 5% 5% Mullins Mfg •., ... 8 Murray 80dy.... 9% 8% 9% 9% Stew Warner • 7V4 7% Timken Rol 29% 29% 29% 30 Mining— Alaska Jun.. 21% 20% 21% 39 Am Smelt 34% 32% 34% 33% Anaconda 17% 16 17% 16% Cal & Hecla 7% 6 s * 7% 7 Cerro De Pasco . 25% 23% 25% 24% Granbv 12% Gt Nor Ore 13 13% Homestake Min 229 Howe Sound 23% 23% Ins Copper 7% 7% Int Nickel 19% 1* 19% 17 s , Isl Creek Coal 29 29% Kennecott Cop. 5 * 19% 20% 19% Ncranda Cop ... 30% 28% 30% 28 s * Phelps Dodge ... 14 13% 14 13% Tobaccos— Am Snuff 45’, Am Sum Tob 14% 14% Am Tob A ... • • 85% Am Tob B 88% 89% Gen Cigar 42% 41% 42% 43 Ligg & Myers B 91% 92% Lorrillard ...... .. ... 22% 22 s * Reynolds Tob B. 44 s * 44% 44 s * 44% Equinments— Allis Chalmers.. .. ... 20 20 Am Car & Fdy.. 28% 27\ 28% 29 Am Loco 31% 35% Am Mach & Fdy .. ..-. 17% 18% Am Steel Fdy „ 22 21% Bald Loco .. 11% ll's H l * 11% Burroughs . 19% 19'* 19% 13% Ca r e JI . 88% 87% 87% 87% Cater Tract 24 23% Colgat Palm Peet 18% Congoleum Elec Stor Bat 45 Foster Wheeler 16% !•% Gen Am Tank C 37% Oen Elec .. 23% 23% 23% 23% Oen R R Sig 39 % Ingsol Rand ••• Int Bus Mach... . • 134 135% Int Harvester 29% 29% 29% 39 Kelvinator II Natl Cash Rea .21 20% 20% 20% Proc Sc Gamble ... 43% Pullman Inc ... 50 49% 50 50 Simmons Bed ... 16 s * Und Elliott 36 37% West Air (B> ... 29 29 Westingh Elec.. 45% 44% 44 s * 44 s * Worthington P 33% Utilities — Am 6c For Pwr 16% 16 s * Am Power * Lit 12% 12% 12% 12 s * AT&T 126% 125 126 126 Am Wat Wk* 35 s * 35% 35% 36 Brook Un Gas 81 Col Gas Sc Elec 23 s * 23% 23% 24 Col O & E pfd 80% Com & Sou 4% 4% 4% 4% Consol Gas . 57 56% 56% 57% Elec Pwr Sc Lit 12 12% E P Sc L pfd 23% Int Tit T 18% 18% 18% 18% Lou G * E (At 21% Nut Pwr * Lit.. 17% 16% 17% 17% North Amer 31% 31% 31% 31% Pac GSt E 28% 28% 28% 29% Pub Serv S3 51% So Cal Edison .... ... 24 25 Std Oas 18% 17% 18% 18% itd Gas pfd 21 United Corp 12 11% 11% n% Un Gas Imp .. 21% 21% 21% 21% Ut Pwr Sc L >A' 8% 6% 6% 8 s * Western Union . 54% 54 54 54% Rubber* — Firestone 2t% 22% 23% 23% Goodrich 15% 15% 15% 15 s * Goodyear 38% 38 38 36% O 8 Rubber IS* 13% U S Rub pfd 26 s * Kcl Spring ... ... 3%
Amusement*— Crosley Radio.. .. ... . 11 Fox Film 3% 3'4 3% 3% Loews Inc 23% 22 % 22% 22% Radio Corn 9% 9% RKO ~ ~, 3 3/4 Warner Bros .. .. ' '5% 53. Foods— * /4 Am Sugar 64 64 Armour A 6% 8% 6'/* 6% Beatrice Cream 35% Borden Prod.... 35'/* 35V, 35% 35% Cal Packing 23 23 % Cana Dry G Ale 23% 22% 23% 21% Corn Prod ... ’77 s /* 77% Crm of Wheat 34 34% gen Foods 37% 37% 37% 37% Gold Dust ... 23114 Sugar '28% 28 int Salt Loose Wiles ’39 39 Natl Biscuit.... 55% 55% 55V* 56% Pet Milk ° d ;.\ , 28 * , 237 ‘ g* S Porto Rico Sug .... 34 Std, Brands 27% 27% '27% 28 wrigiev Tult ::;: 603/ < Retail Stores— * “ 48 Ass Dry Goods 141/, Gimbei Bros Glmbel pfd "* Wt Or Un Tea '{qv. 10% BBS Wr::::: ::: jl2 !• Macy R H . sg 59 1 May Dept St . . 3134 *ol^ ! Mont Ward . ... 24% 24% 24% 24% Penny J C .. . 44 43 44 43% Safeway St 5512 55 4 Sears Roebuck. 37% 37% 37% 37 Woolworth 4si(, Aviation— * Aviation Corp.. 11% 11% 1134 1154 Douglass Air 151/" Curtiss Wright.. .. ... 3% 3 Curtiss Wright A 51/4 5% Nor Am Av ... 7% 714 United Aircraft 33% 32% 33 V* 32% Chemical*— Air Reduction. 89-'* 89 89 90% Allied Chem 115% 114% 115% 114% Am Com Alcohol 39% 38% 39V* 39% Col Carbon 6% ... Com Solvents ... 29 28% 28% 29% Du Pont 76% 75% 76V, 76% Freeport Tex 36% 38% Lioujd Carb 37% 36% 37% 36 s * Math Alkali 31% 32% Tex Gulf Sulph. 30% 30% 30% 30% Union Carbide.. 41% 40% 40% 40% U S Indus Alco. 60% 69% 60% 60% Nat Distil 97% 95% 97 97% Drugs— Cotv Inc ... ... 6% Drug Inc 60% 59% 60% 61 % 1 Lambert ...; 36% 36% I T ehn & Fink 21% 21 % Zonite Prod 6% 6% Financial— Adairs Exp .... 10% 10% 10% 11 Alleghany Corp 4 3% 3% 4 Chesa Corn.... 39% 39 39 39 s * Transamerica .. 7% 7% 7% 7% Tr Conti Corp.. 7% 7% 7% 8% Building— Am Radiator .. 16 15% 15% 15% Gen Asphalt... 20% 20 20 19% Int Cement 34 33% 34 33% Johns • Manville. . 50 49 50 50 Libbv Owens Gls 29% 29% Otis .Elev 21 20% 21 21% Ulan Const 4% Miscellaneous— Am Bank Note .. ... ... 24% Am Can 90% 89% 90% 89% Anchor Cap . . 23 22 23 22% Brklvn Man Tr 37% 37% Conti Can 60% 59 60 % 59% Eastman Kodak 83% On-ers Bottle... 85% 84% 85% 84% Glll-tte 15 14% 1494 14% Gltdden 15V* 16 Gotham Silk 15% 14% 14% 14% T ndus Ra'-on ... 70 68% 68% 68% Inter Rapid Tr 7% 7% Real Silk Hose 171/j New York Curb —June 29 By Abbott. Hoppln Sc Cos. Close Close Alum Cos of Am 86 Inti Ptrol 17% Am Bev 3% Lake Short Mins 37% Am CP & L - B’ 5 Lone Star Gas . 14% Am Cyan B’ .. 13% Mount Prod .... 5% Am For Pwr .. 11% Natl Bellas Hess 4% Am Ga Sc E 1... 43% Niag Hud Pwr,. 12% Am Sup Pwr . 6% Pan Am Airways 44 Ark Ntl Pw ‘A’ 2% Parker Rstprf .. 50 As Gas 'A' ... 1% Pennroad 3% Atlas Ut Crp.. 16% Pioneer Gld M. 12% Axton 85 ISt Regis Paper 5% Braz Tr Sc Lt.. 15 Salt Creek Prod 7% Cnt Sts El . ... 3% Segal Lock .... 11% Cities Serv ... 4 s * Std Oil of Ind. 31% i Com Edison . 65 Std Oil of Ky. 16% Can Mak 2 ,'Stutz 17 Cord 11% Translux 2% .Derby Oil 2% ! United Founders 2 ‘ Eisler Elec .... 11%'United Gas .... 4 El Bnd A- Sh . . 33% Un Lt <Sr Pwr A. 7% i Ford of Eng ... 3% United Verde . 4% Ford Mot Can. 12‘* Util Pwr Sc Lt. 2% Hudson Bav Mn 7%;Woolworth Ltd.. 17’Imperial Oil 13 % Wright Hargvs.. 5% : Irving Airchute. 6'* New York Bank Stocks (By Abbott. Hoppln & Cos.) Bid. Ask. Bankers 62% 63% Brooklyn Trust 134 139 Central Hanover 136 138 Chase National 29% 29% Chemical 29 s * 40% National City 33% 43% Corn Exchange 58% 59 % : Continental 15% 15% Empire 22% 22% First National 1.420 1 440 Guaranty 300 303 i Riing • • 20% 21 Manhattan & Cos 31 31V* Manufacturers 17% 17 s , New York Trust 93% 95 Public 27% 28* Liberty Bonds By United Press NEW YORK. June 29.—Closing Liberty bonds. (Decimals represent thirtv-secondsi. Liberty 3%s 132-471 102 20 Liberty Ist 4%s (32-47i 102 a Liberty 4th 4%s 133-38' 1031 Treasury 4%s (47-52: 1102 Treasury 4s 144-541 106 21 Treasury 3%s 146-56) '* tos'j Treasury 3%s 43-47* " 102 14 Treasury 3 s ,s (41 -431 March 102 7 Treasury 3%s i4O-4S( June 102 is Treasury- 3%* c 46-49) 100 1 Treasury 3s (51-551 CHICAGO FRUIT MARKET By United Press CHICAGO. June SO —Apples transparent, bushel. 90c®*1. Strawberries— Michigan. *i®2; Wisconsin. *lO2. Cherry. —Michigan sour. 50c© 75c. sweet slOl 2a ' Raspberries—lllinois and Indiana reds *2 50 Indiana Blackcaps, *1.250 150 - Michigan Blackcaps. *1 50 0 2 Blackberries! Illinois. $1.50. Onion Market— Texas U I No 1 Crystals White waxed busheL *1.50© 1 60: Yellow Bermudas bushel. *1.40 ft 1 60; California U. 3. No 1 Crystals i white waxed bushel. *1.50® 1.60; yellows i
STOCK MARKET SHOWS UNEVEN TRADEACTION Steel Driven Down Point at Opening; Oils Hold Firm. Average Stock Prices Average of thirty Industrials for Thursday. high 99.23. low 95.90. last 96.99, off •JJV A 'i ra Jt* of twenty rails 48.11, 48.44, . .Average of twenty utilities 35. ,2. 33.88. 34.25, off 64. Average of forty bonds 36.08. up .14. Average of twenty ten first rails 91 46. up 42. Average of ten second rails 73.27. up .42 Average of ten utilities 93 15. up .11. Average of ten industrials 86.44. up .I*. BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 30. Stocks opened irregular in a narrow range today with trading lighter than in recent sessions. Cotton futures eased off a few points despite resumption of the decline in the American dollar. United States StP2l common stock was forced dcfwn a full point at the outset to 564 on 1,300 shares, while Celanese gained a point to 54% on 1,500 shares. Fractional losses were noted in such issues as General Motors, General Electric, Atlantic Refining, Montgomery Ward, National Cash Register, Anaconda, Western Union, International Telephone and Columbia Gas. Oil shares were steady to firm. Sears Roebuck advanced 4 to 374 and small gains were noted in Kennecott, Lorillard, Union Carbide. International Harvester and Westinghouse Electric. American Can, United Aircraft, United Corporation, Libby-Owens Ford, and Radio Corporation were unchanged.
Bank Clearings
INDIANAPOLIS STATEMENT —June 30— Clearings $ 1.489.000.00 Debits 4.081,000.00 Clearings for month 39.619.P00.09 Debits for month 111,213.000.00 TREASURY STATEMENT —June 30Net balance, for June 28 *899,342,301.78 Expenditures 16.326,502.73 Customs rects. mo. to date.. 20,491.234.44 Foreign Exchange (By Abbott, Hoppin & Go.) —June 29Close. Sterling, England *4.32% Franc. France 0503 Lira. Italy 0672 Franc. Gelians 1780 Mark. Germany 3040 Guilder. Holland 5151% Peseta. Spain 1070 Krone, Norway 2175 Krone, Denmark 1910 Investment Trust Shares (Bv Abbott. Hoppln & Cos.) —June 29 Bid. Ask. Amer Bark Stocks Corp 1.26 1.44 Amer Founders Corp 1.87 2.00 Amer & General Sec A 5.50 6.50 Basic Industry shares 3.47 British Tyne Inv Tr Sh 84 .91 Collateral Trustee Shares A.. 4.75 5.12 Corporate Trust shares (oldi.. 2.62 Corporate Trust shares (new-) 2.48 2.55 Cumulative Trust shares 4.25 Diversified Trust shares A... 6.50 Diversified Trust shares B. .. 8.50 8.76 Diversified Trust shares C.... 3.28 3.35 Diversified Trust shares D... 5.50 6.00 First Insurance Stock Corp 1.63 1.92 First Common Stock Corn.... 1.27 1.45 Fixed Trust Oil shares A 9.37 Fixed Trust Oil shares B. .. 7.62 Fundamental Trust shares A.. 4 45 4.55 Fundamental Trust shares 8.. 4.30 4.36 Leaders of Industry A 6.00 Mass Inves Trust shares 19.15 20.82 Nation Wide Securities 3.70 North Amer Trust share (1953) 2.05 North Amer Tr shares (55-56) 2.63 2.95 Selected American shares 2.81 2.91 Selected Cumulative shares.. 7.07 7.17 Selected Income shares 3.79 3.89 Std Amer Trust shares 3.10 3.15 Super Amer Tr Shares A 3.12 Trust Shares of America... 3.17 3.22 Trustee Std Oil A 5.37 5.87 Trustee Std Oil B 4.75 5.00 U S Electric Li & Pow A ...16.25 Universal Trust shares 3.15 3.25 Daily Price Index By United Press NEW YORK. June 29.—Dun Sc Bradstreet's daily weighted price index of 30 basic commodities, compiled for the United Press: (1930-1932 Average. 100) Todav 98.43 Wednesday 99.72 '■Week ago 93.89 Month ago 91.50 Year ago 73.60 1933 High (June 281 99.72 1933 Low (Jan. 201 67.87 Copyright. 1933,„bv Dun & Bradstreet, Inc. Other Livestock * BY UNITED PRESS TOLEDO. June 30.—Hogs—Receipts. 150; market. 5® 10c lower: heavy Yorkers. $4.40; mixed and bulk sales. $4.40; pigs and lights. $2 50 01.75; medium and heavies, $4 04.50; roughs. $2.75®3. Cattle—Receipts, lights; market, steady. Calves—Receipts, light: market, steady. Sheep and lambs— Receipts, light; market steady. By Times Special LOUISVILLE. June 30.—Cattle—Receipts. 100; slow mostly steady; bulk, common and medium grass steers and heifers, 53.50 ®4.25: better finished fed kinds Quotable, $4.5005.25: bulk, all cows. $102.50: bulls, mostly $2.75 down; bulk light stockers. $4 04.50. Calves—Receipts. 250; steady; bulk. $3 50 down; few strictly choice. $4 Hogs —Receipts. 1.000: weights from 140 lbs. down, steady; others. 10c lower: 185-300 lbs.. $4.30: 300 lbs. up. $3.90; 140-185 lbs., *3.45; 140 lbs. down, *2: sows, $2 80; stags, *1.75. Sheep—Receipts. 2,000; supply light quality generally plain; market mostly 25c lower: bulk better truck lambs. $6.50. with choice long haul overnight and rail lambs quotable. *6.75®7: bucks mostly $5.500 6; medium and lower grade lambs mostly *4 04.50; fat ewes. Sl®2; stock ewes auotable. $4.5006.50 per head. Thursday's receipts: Cattle, 116: calves. 200; hogs. 1010: sheep. 1.989. Thursday's shipments: Cattle- 80; calves. 209: hogs, 245. and sheep, 1,946. NEW YORK COFFEE FUTURES —June 29 —RIO—- . High. Low. Close. March 5.70 5.66 5.69 Mav 5.70 5.69 5.69 Jul? ■ 5.75 5.70 5.70 September 5.75 5.69 5 69 December 5.70 5.69 5.69 —SANTOS— March 7.80 7.73 7.73 Mav 7.77 7.70 7.70 September 7 *5 December 7.80 7.78 7.78 NEW YORK RAW SUGAR FUTURES —June 29 High. Low. Close. January 1.54 1.51 1.54 March 1.59 1.56 1.57 Mav 1.62 1.61 1.62 Jul? 1 48 1.43 1.43 September 146 1 43 1.45 December 1.54 1.50 1.52 STATE ACTS TO APPEAL INCOME TAX DECISION Judge Ryan Refuses New Trial in Verdict for Manufacturers. Denied anew trial today by Superior Judge Russell J. who held the gross income tax does not apply to goods manufactured in Indiana, but sold outside the state, notice of appeal to the state supreme court was filed by AttorneyGeneral Philip Lutz Jr. Ryan's decision was in a case brought by the J. D. Adams Company. Should the decision stand. Clarence Jackson, state collector, estimates a revenue loss of $4,250,000 annually :uld be incurred.
THE INDIANAPOLIS TIMES
INDIANA STOCKS AND BONDS
The following quotations do not represent actual bids or offering*, but merely indicate the approximate market level oaaed on buying and selling inquiries or recent transactions. —June 30— BTOCKB Bid. Ask. Belt Rail Sc Stock Yards com.. 25 29 Belt Rail <fc Stock Yds pfd 6% 45 49 Citizens Oaa com 13 1< Citizens Gas Cos pfd 5Tt 63 66, Home T & T Wayne pfd 7* 364 404 Ind Sc Mich Elec Cos pfd 7%.. 68 J 2, Ind Gen Service Cos pfd 67* 604 644 Ind Hydro Elec Cos 74 35 3? Indpls Gas Cos com 39 43 Indpls Pwr & Lt 6 r r 56 62 IndDls Pwr it Lt Cos pfd 644 66 4 70 4 Indpls Water Cos pfd 57* 87 91 No Ind Pub Serv Cos pfd 54% 36% 394 No Ind Pub Serv Cos 6% 37 40 No Ind Pub Ser Cos 7% 414 444 Public Serv Cos of Ind pfd 6% IS4 184 Public Serv Cos of Ind pfd 7% 384 414 South Ind Gas Sc El pfd S% .. 52 55 Terre Haute Elec pfd 6% 40 43 BONDS Citizens Gas Cos 3s 1942 784 824 Home TSc W 54s 1955 934 974 Tome T Sc T W 6s 1943 944 984 Indpls Gas Cos 5s 1952 73 76 ndpls Rys Inc 5s 1987 24 , 28 rndpls water Cos 54s 1952.. 95 99 Indpls Water Cos 5s 1960 92 96 Indpls Water Cos 5s 1970 914 954 Indpls Water Cos 54% 1953.. 98 102 Indpls Water Cos 5%s 1954.. 98 102 Kokomo Water Works 1958.. 72 76 Lafayette Tel Cos 5s 1957 81 85 Muncle Water Works 5s 1930.. 904 944 Richmond Water Works 1957.. 82 4 86 4 Terre Haute Water Wk 5s 1958 82 86 Terre Haute Wat Wk 6s 1949 , 92 96 Traction Terminal Cos 5s 1957 42 46 Joint Stock Land Banks Bid. Ask. Atlanta 5% 40 4 43 4 Atlantic 5% 454 484 Burlington 5% 35 4 38 4 California 5% 55 58 •Chicago 57* 25 28 Dallas 5% 524 554 Denver 5% 514 544 Des Moines 5% 50 4 54 4 First Carolina 5% 34 37 First Ft. Wavne 5% 52 55 First Montgomery 5% 88 41 First New Orleans 5% 37 41 First Texas 5% 47 50 First Tr Chicago 5% 54 57 Fletcher 5% 09 73 Freemont 5% 58 61 Greenbrier 5% 58 61 Greensboro 5% 47 50 Illinois Monttcello 5% 60 4 63 4 Illinois-Midwest 5% 43 46 Indianapolis 5% 77 81 lowa 5% 57 60 Kentucky 5% 61 64 Lafavette 5% 51 54 Lincoln 5% 504 534 Louisville 5% 52 55 Maryland-Virginia 5% 63 66 Mississippi 5% 45 48 New York 5% 57 50 North Carolina 5% 40 43 Oregon Washington 5% 38 41 Pacific Portland 5% 46 49 Pacific Salt Lake 5% 50 53 Pacific San Francisco 5% 50 53 Pennsylvania 5% 53 57 Phoenix 5% 87 70 Potomac 5% 50 53 •St. Louis 5% 24 4 274 San Antonio 5% 55 58 •Southern Minnesota 5% 14 15 Southwest 5% 41 44 Tennessee 5% 47 50 Union Detroit 5% 48 51 Union Louisville 57* 52 4 564 Virginia Carolina 5% 43 46 Virginian 57* 52 55 •Flat.
The City in Brief
SATURDAY EVENTS Baraca-Philathra Union, world convention. ail dav. First Baptist church. Alliance Francaise. luncheon. Washington. Sigma Alpha Epsilon, luncheon. Columbia Club. George W. Icenberger, 75, a tool maker, 825 North East street, suffered back injuries Thursday when struck by an automobile driven by Phillip France, 37, of 827 South Coolidge street, at St. Clair and East'streets. Service Post No. 128, American Legion, will hold a public benefit eucre-bridge party at 8:15 tonight at Legion hall in Oaklandon. The committee includes Austin J. Beaver, Chester E. Lawton, Mrs. Marie Mohler and Mrs. Jeanette McCord. Oxford Group will meet at 7:45 tonight at the Kawmone home, 2346 Broadway. Speaker will be H. M. Glossbrenner. Indiana Container Corporation is the new name of the recently organized Indianapolis Container Corporation, with offices and plant at 1104 Burdsal parkway. Lawn party will be given tonight at the home of Mr. and Mrs. Mansur B. Oakes, 4419 Washington boulevard by the Married Couples class of the First Presbyterian church. He is class teacher. Special summer membership offer of the Central Y. M. C. A. has resulted so far in enrollment of seventy men, it was announced Thursday. Honors were about even, according to police, in a fight at 19 East McCarty street Wednesday night between Forest Campbell, 65, and Loman Nichols, 33, both of that address. Campbell had two black eyes and a lacerated cheek; Nichols was out on the face head and hands. Both ate charged with assault and battery. Archie N. Bobbitt, former state auditor and state gasoline tax collector, is in charge of arrangements for the annual meeting of the North American Gasoline Tax conference which will be held in Indianapolis Sept. 5 to 7. License fees and tax on beer since the beverage was legalized, April 7 to date, have totaled $1,035,213.03, it was reported today at the office of Paul Fry, state excise director. A pet kitten threw a fit in the home of Mrs. Hannah Miller, 2964 North Arsenal avenue, Thursday and scratched her daughter Jennie, 4. The kitten was dead when police arrived. The child was taken to city hospital for treatment. Lucien J. Heim, 1218 East Washington street, was bitten on the leg by a dog Thursday in the 1700 block of North Randolph street. Melvin Possman, 1736 North Randolph street, owner of the dog. was ordered to pen It ten days for rabies observation. Edward Horstman, 6, of 3805 East Thirteenth street, was bitten on the hand Thursday by a dog owned by Lester Patrick, 3815 East Thirteenth street. While wrestling with a playmate in Highland park Thursday, Bud Anderson, 11, of 1311 East Michigan street, suffered a fractured right arm. ' Melvin Semmers. 13, of 1118 Southeastern avenue, fell on the floor of a bath house 8t Willard park Thursday, suffering an eye laceration. Maurice Tennant, president of the city sanitary commission, and C. K. Calvert will discuss "Why the Extension of the Indianapolis Sewage Disposal Plant,” at the Scientech Club luncheon at the Columbia Club Monday. In the Air Weather conditions at 9 a. m.: Southwest wind, 20 miles an hour; temperature, 87; barometric pressure, 29.85 at sea level; general conditions, high, scattered clouds; ceiling, unlimited visibility, 15
PORKER PRICES MOVE OFF ON LIGHTSUPPORT Cattle Weak With Small Supply Here: Lambs Steady. Hogs were slow in getting started at the city yards this morning with early asking steady and bids lower. The range as finally settled was 5 to 10 cents under Thursday's prices. The bulk. 190 to 350 pounds, sold for $4.35 to $4.50. Underweights brought from $3 to $3.90. Receipts were estimated at 9.000. Holdovers were 241. A slow peddling trade prevailed in cattle with the price trend lower for the most part on the small supply here. Receipts were 300. Vealers were steady at $5 down. Calf receipts were 700. Lambs held unchanged at $7 down for most sales. A few small lots brought up to $7.25. Receipts were 1,200. Slow action was evident in hog trading at Chicago, with few early bids and sales fully steady at Thursday's average. The bulk of good to choice kinds weighing from 210 to 260 pounds, sold at $4.50 to $4.55. Early top held at $4.55 on 270 pound weights. Receipts were estimated at 21,000, including 11,000 direct: holdovers 3,000. Cattle receipts numbered 2,000: calves, 700; market unchanged. Sheep receipts were 5,000; market steady. HOGS Tune Bulk. Too. Receipts. 23. ne ‘ $4.40® 4.55 *4.55 oi 4 OS'?/' 4 4.50 4.500 lei 4 35® 445 4.45 8 500 27. 4.35© 4.45 4.50 10.000 28. 4.45® 4.55 4.60 8.000 29. 4.45 ® 4.55 4.60 9.000 30. 4.35® 4.50 4.50 9.000 Market, lower. (140-1601 Good and choice $ 3.50® 3.90 —Light Weights—--1160-1801 Good and choice... 425 (180-200) Good and choice 4.30® 4.35 —Medium Weights—-(22o-2201 Vood and choice... 4.40 (220-250) Vood and choice... 4.40® 4.50 —Heavy Weights—-(2so-290) Good and choice 4.50 (290-350) Good and choice 4.35® 4.45 —Packing Sows — _ , .. (350 down) Good 3.85® 4.00 (350 up) Good Hr (All weights) medium 3.50® 3.85 —Slaughter Pigs—-(loo-130) Good and choice 2.75® 3.15 CATTLE Receipts. 300; market, steady. (1,050-1.100) Good and choice $ 5-25® 7.00 Common and medium 4.00® 5.2a (1.100-1.500) Good and choice §-25® 7-29 Medium 4.25® 5.25 —Heifers—-(sso-750) . , Good and choice ...'. 4.75® 6.00 Common and medium 3.50® 4.75 (750-900) „ _. „ Good and choice 4.25® 5-7? Common and medium 3.25® 4.20 —Cows— Good 3.25® 4.00 Common and medium 2.50® 3.25 Low cutter and medium 1.50® 2.50 —Bulls (yearlings excluded) Good (beef) 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts, 700; market, steady. Good and choice * 152® 522 Medium 3.00® 4.50 Cull and common 2.00® 3.00 —Calves—-(2so-500) „ „„„ _ „ Good and choice 3.50® 4.50 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.75® 6.00 Common and medium 3.00® 4.75 (800-1.500) Good and choice 4.75® 6.00 Common and medium 3.00® 4.7a SHEEP AND LAMBS Receipts. 1.300; market, steady. —Lambs. Shorn Basis—i (90 lbs. down i good & choice * 6.00® 7.25 (90 libs, down) com. & med... 3.50® 6.00 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS CHICAGO, June 30.—Hogs—Receipts, 21.000. including 11.000 direct; slow, generally steady with Thursday; bulk 210-290 lbs.. $4.5004.55; top, $4.65; 300-350 lbs., *4.2504.50; 140-200 lbs.. *3.5004.50; pigs, $2.75©;3: packing sows, $3.50 04; light lights. 140-160 lbs., good and choice, $3.25 04.25; lightweights. 160-200 lbs., good and choice. $3.75®4.50; medium weights, 200250 lbs., good and choice, [email protected]• | heavyweights, 250-350 lbs., good and ( choice. $4.25 0 4.60; packing sows, 275-550 i lbs., medium and good. $3.2504.10; slaughter pigs. 100-130 lbs., good and choice, $2.75 03.25. Cattle—Receipts. 2.000; calves. 700; very draggy market on most killing classes; only weighty steers being in moderate demand; killing quality plain: stocker and feeder trade very dull; most thin gazing steers selling at $4 downward; no strictly choice fed steers in run; best $6; most grass fat cow. $2.750 3, as low as any time ; this season; bulls and vealers about steady; best heifer yearlings, $5.25. Slaughter cattle and vealers: Steers. 550-900 lbs., good and choice. $506.75; 900-1,100 lbs., good and choice. $507: 1.100-1.300 lbs., good and choice, $507; 1.300-1,500 lbs., good and choice. $5,500,7; 550-1,300 lbs.. common and medium. $305.50; heifers, 550-750 lbs., good and choice. *4.50 0 5.60; common and medium. $2.750 4.50; cows, good, S3O 4.25; common and medium. $2.500 3.25; low cutter and cutter cows, $1.500 2.50: bulls, yearlings excluded, good, beef, $303.50: cutter, common and medium. $2.500 3.50; vealers. good and choice. $4.250 5.50; medium, 3.750 4.25; cull and common $2,500 ?-72i shocker and feeder cattle: Steers, 5001.050 lbs., good and choice. [email protected] and medium. S3O 4.50. Sheep Receipts, 5,000; strong to 25c higher; advance in better grade lambs: strictly choice Idahos scaling 80 lbs.. $7.50 to city butchers; bulk better grade natives. $6.750 7.25 to packers Slaughter sheep and lambs: • 90 lbs - down, good and choice, $6.75 a 7 - 50: o„ c ?K n ?. on and medium. $4.500 6.75; ewes, 90-150 lbs., good and choice, $1.750 8: 2 25 WelghtS ' common and medium, $1.25® EAST ST. LOUIS. 111.. June 30.—Hoes—- '° we l on others: top. $4.60 ■ 1 70-270 lbs. *4 4004.55: 140-160 lbs . $3 60 0365' ? 2 i 50< f sows - 8360 03.60 Cattle—Receipts. 1.200: calves. 600market, at a standstill on steers mixed vearlings and heifers: earlv bids lower and vealers unchanged with bulls. 10 url.i. o a n Thucsdav-s close; cows, largelv $2.500 3.50: low cutters. SISOO IJS, top sausage bulis. $2.05; good and 9*Vnn e ' e t e . rs ' . *1 50 - Sheep—Receipts. 2.000. market steady; bulk lambs. $6.50® ®: 85 , w >th few at S7O 7.25; buck lambs ye*s- throwouts. $3.50: fat ewes. $1.50® ? AS T„? UFFALO - June 30—Hogs—On f aI a- 2.200: slow, weak to 15c lower: 2 leads des’rable 230-240 lbs., $5: bulk 180240 lbs. $4 85: 155 lbs.. $4.25 bidding * 3 „ sf) on DiRS - Cattle-Re-ceipts. 300 steady: common steers *4 60cutter grade cows. 51.75® 2.50. Calves—Receipts. 4o0: vealers rather slow: steady god to choice mainly $6: few *6 25; coman,d ™ edlum ,- *4 500 5.25. Sheep—Receipts. 1.800: lambs slow: general trade. 25 few selections about steady; *s Ce - ji ewe ® and wet her lambs. 7 1^ T ?* edlum J . t0 ch °‘<* including bucks. 5707.50; medium offerings. $6.50. 1 Junp 30 —Hogs—Receipt*. 1.100 holdover, none: 160-300 lbs largely 150 i ßt ' si4 $ i 4 65 i, o= hers st eady; under i3 0 5n^„i arge ! y *3.250 3.50; most sows down-, For week: 10®25c lower: Cattle—Receipts, 100; decidedly dull trade with practically no ear!? sal as: odd head steers, 55.75 dowil oo *, w eak; week-end clearance on .grades unlikely: few plain cows, fnwr- d 2r? W i? rds '- Fo J w aek: steers. 25c Monday. $6.25. Calves— Receipts, 300, choice vealers active strong to 50c higher: others steady de- !‘™' duality. *608.50: cull to medium around *4O 5. For week: strong to 50c higher; top, *6.50. Sheep—Receipts. 300 lambs weak to 25c under Thursday's closebulk account quality *6.50 down; best nere. s<; cull to meoium. *406, showing i?K9- v ?L duality towards outside; bulk *4.500 5.50: few plain-grass yearlings. *3® 4 and scarce. For week: lambs. 75c ft $1 Jower; week's best, $8: little above *7; PITTSBURGH. June 30.—Hogs—Receipts market slow. 10c to 15c lower; 19038J> lbs.. *4.75fa4.85; 140-190 lbs. *4O 4 75-100-130 lbs *3.2503.85: packing sows. $3.25 Cattle—Receipts. 25: market, steady, good steers Quoted. *5 50 06 50 Calves—Receipts. 125: market, steady vealSTLi. ♦ D -, * 5 - 75 Sheep— Receipts. 800: lambs 1 5 W * t 0 25c !o ’* er; choice 30.—Hog market. 10c J®w. 225-300 lbs *4 30: 300-325 lbs ?in 2 2'A* 0 ,2.' 223 .l b . s *4 35: 190-200 lbs *4.20; 170-190 lbs.. *4.10: 150-170 lbs *3 65 140150 lbs.. *3 30; 130-140 lbs *3.05: 120-130 Its.. *2 90. 100-120 lbs.. *2.50: roughs. $3 50 s d t°eldv. C top I *7 Ste ‘ dV ' to ° * 4: SDrmg lambs , r FT. WAYNE, June 30.—Hogs—Market 10c lower: 250-350 lb 6 *4- 200-250 ih* *4 30; 170-200 lbs.. *4.20;' l&lTO lb *3 90 : „ s i*A s - * 22 ?- calves. *5; spring .smbs *6.25. Cattle—Market, steers good to choice. *5 0 5.50: medium to good,' *4 50 : £SS. m< J n *2. medium. *3.50 0 4 50. heifChoice. *5 0 5.50; medium to good, *.50e5: common to medium. *3.50® 450. cows, good to choice. *3® 3.50- com. mca to medium. *2.500 3; cutter sows. *2® 2.50: canner cows. *102; bulls, good to cboice. *3® 3.50. medium to good. *2.75®3.
Chicago Stocks Bv Abbott. Hoppin A Cos
TOTAL SALES. 86.000 SHARES —June 2r High. Low. Close. Abbot Lab 35 Acme Steel Cos 37 s * Adams Royalty 3 s * Allied Products 20 1 * Am Pub Serv pfd ... 8' Asbestos Mfg 4 S 4'i 4?j Associated Tel Sc Tel AH '* s ; Bastiar. Blessing 13 12* 12’ Bendix Aviation 18 s * '7% 17 s , Borg Warner 19'* 18H 18H El L Bruce Cos ... 15*2 Butler Bros s' s'* 5 J * Berghoff 18% 16% 16% Cent 111 Pub Serv pfd. 24% 23% 24% Cent Sc 80 West 2% 2 s * 2% Cent Sc So West pfd... 14% 13% 13% Cent Sc So West P L pf . .. 23 Chi Sc North Western.. 85* 8% 8% Chicago Corp com 4 3% 4 Chicago Corp pfd 27% 26 , 27% Cities Service 4% 4% 4% Commonwealth Edison.. . .. 64 Cord Corp 11\ 11% 11% I Curtis Lighting 2% Dexter Cos 8% 3 8 Electric Household 12% Godchaux • B" 7 Goldblatt Bros 24% 23 24% j Great Lakes Aircraft... 1% 1% 1% Orest Lakes Dredge. ... 16% 16% 16% Greyhound Corp 1% 1% 1% Grigsby-Grunow 2% 2% 2% Hall Printing ... 7% Hart-Carter, pfd 7V Hormel & Cos 20 Houdaille-Hershev "A ' 11% Houdaille-Hershey "B". 5% 5V* 5% Illinois Brick 7% Iron Fireman 8 Jefferson Elec 10% 19% 10% Katz Drug 23% Ken-Rad Tube & Lamp 3 Kentucky Ut Jr Cum pfd ... 21 Keystone Steel pfd 13 12% 13 Libby-McNeil 6% 5% 6% Lincoln Printing pfd 1% Lion Oil Refining C0...* 5% 5 5 Lynch Corp 32% 32 32% Marshall Field 17% 16% 16% McWilliams Dredg Cos.. 14% 14% 14% Mickelberrys Food Prod 7% 6% 7% Middle West Utilities .. % % % Midland United 1% 1% 1% Midland Ufll 7'*, A pfd 5% Nachmann Springfield 8 National Leather .. 1% National Securities Inv .. ... 2% National Radio 2 1% 2 Noblitt Sparks Ind Inc 27% North American Car ... 6% 5% 5% Nthwest Bancorporation 9 8% 8% Northwest Engineering. .. ... 9% Parker Pen ... 6 Perfect Circle .. 25
Bright Spots
By United Press Colorado & Southern railway reports May net operating income of $34,821, against deficit of $96,492 in May, 1932. Collins & Aikman Corporation reports net profit for the quarter ended May 27 of $3,315, against net loss of $109,666 in like 1932 quarter. Federal Reserve Bank of N. Y. reports May wholesale trade in New York district was 16 per cent larger than in May last year. Indianapolis Cash Grain —June 29 Bids for car lots of grain at the call of the Indianapolis Board of Trade, f. 0. b. shipping point, basis 41% New York rate, were: WHEAT—Strong; No. 1 red, 85@86c; No. 2 red. 84085 c; No. 2 hard. 82®,83c. CORN—Strong; No. 3 white, 47®48c; No. 4 white, 46®47c; No. 3 yellow, 45® 46c: No. 4. yellow-, 44 0 45c; No. 3 mixed, 44®45c; No. 4 mixed. 43®44c. OATS—Strong; No. 2 white, 39®40c; No. 3 white 38%%39%c. HAY—Steady; (f. 0. b., country points taking 23%s or less rates to Cincinnati or Louisville); No. 1 timothy, $5.50®6; No. 2 timothy, $505.50. —lnspections WHEAT—No. 2 red, 1 car- No. 1 hard, 1 car. Total, 2 cars, CORN—No. 1 white, 2 cars; No. 2 white, 3 cars; No. 3 white, 4 cars; No. 4 white, 1 car; No. 5 white, 1 car; No. 2 yellow 3 cars; No. 3 yellow, 8 cars; No. 4 yellow, 10 cars: No. 5 yellow, 2 cars; No. 6 yellow. 5 cars; sample yellow, 4 cars; NOj 2 mixed. 1 car. Total. 44 cars. OATS—No. 2 white. 9 cars; No. 3 white, 11 cars; No. 4 white, 1 car; No. 1 red 1 car. Total, 22 cars Chicago Primary Receipts —June 29 • Wheat 1,580.000 Corn 1,129.000 Oats 371,000 Chicago Futures Range —June 30WHEAT— prev. Open. High. Low. Close, close. July . .89 .91% .88% .90% .90V* Sept.. .91 .94% .91 .93V 2 .92% Dec.. .93 .97 .93 .96 .955* May.. .98 1101'/* .98 1.00% .99% OORN— July.. .49 .52% .49 .52 .50% Sept.. .54 .57% .54 .57 .55% Dec.. .57% .61V* .57% .61 .59% May.. .66% .67% .66% .67% OATS— July.. .42 .44 .41% .43% .41% Sept.. .42'% .45% .42% .45 .43 Dec.. .44% .47% .44% .47 .45 July.. 72 .73% .71% .73% .73% Sept.. .75% .77% .75% .77% .77% Dec.. .79% .82% .79% .81% .81% BARLEY— July.. .8% .51% .48% .51 .49% Sept.. .52% .55% .52% .53% .53 Dec.. .56% .58% .56% .57% .56% LARD— July.. 6.30 6.40 6.30 6.40 6.42 Sept.. 6.62 6.72 6.52 6.70 6.75 Oct.. 6.75 6.82 6.62 6.80 6.85 Nov.. 667 6.85 6..67 6.85 .85 Dec.. 6.80 6.85 6.-75 6.85 6.92 Jan 7.05 7.05 BELLIES— July.. 7.25 7.30 7.25 7.30 7.27 Sept.. 7.75 7.75 7.70 7.70 7.75 ST. LOUIS CASH GRAIN By United Press ST. LOUIS. June 29.—Cash grain: Wheat—ln good demand. I®l%c lower; No. I red. 92%c; No. 2 red. 91©92%c; No. 3 red. 90%c: No. 2 red earlickv. 89c: No. 2 red, garlicky. 91c light; No. 2 hard, 92c nominal; No. 2 mixed, 92%092%c hard. Corn—ln good demand. 3%©4%c lower; No. 4 mixed. 47c: No. 2 yellow, 50® 50%c: No. 3 yellow. 49 ©soc; No. 4 yellow, 49c; No. 6 yellow. 44c mustv; sample. 41c musty; No. 1 white. 53%c; No .2 white, 53%©53%c. Oats—ln good demand. 2c lower: No. 2 white. 43c: No. 2 mixed. 41% @43c: No. 2 red. 42®43c. CHICAGO CASH GRAIN By United Press CHICAGO. June 30.—Cash grain close: Wheat—No-. 2 red, 90c: No. 2 Jiard, 9OV4C, weevily. Corn—No. 2 hard, 48 0 50c; No. 6 mixed, 42%c; No. 1 yellow, 50%c; No. 2 yellow. 49%c; No. 3 yellow, 48©49%c; No. 4 yellow. 46% 0 48%c; No. 5 yellow. 45©46c; No. 6 yellow, 42%©43c; No. 1 white, 51c; No. 2 white, 50%®51c- No. 3 white. 49%c; No. 6 white. 43c; sample grade, 36© 40c. Oats—No. 3 white, 40 1 4c; Barley—No. 4 white, 40®40%c. Rye. no sales; timothy. $3.2503.90; clover, sß®l2. TOLEDO CASH GRAIN By l nited Press TOLEDO. June 30.—Cash grain close: Grain in elevators, transit billing: Wheat —No. 2 red. 93®94c: No. 1 red. lc premium. Corn—No. 2 vellow. 55®56c. Oats —No. 2 white. 470 48c. Rve—No. 2. 75% ®76%c Track prices. 28%c rate. Wheat —No. 1 red. 89%©90%c: No. 2 red. 88% ®B9%e. Corn—No. 2 vellow. 51® 516 - No 3 vellow. 49%®50%c. Oats—No. 2 white' 440 45c. No. 3 white. 43%©44%c. Seec. close: Clover—Cash. *7.75: October *8 Alsike—Cash. *7.75; August. SB. Produce close: Butter—Fancy creamerv. 28c. Eggs —Extras. 13* a© 14c. Hav—Timothy per cwt.. 70c. U. S. Government Bonds Indiana Municipal Bonds Federal Land Bank Bonds T* P. Burke & Cos. Incorporated 217-224 CIRCLE TOWER PHONE RILEY 853$ LOANS AT REASONABLE RATES FOR ALL WORTHY PURPOSES The Indianapolis Morris Plan Company Delaware and Ohio St. RI. 1536 Robt. £. Throckmorton 911 Chamber of Commerce Bldg. Burglary Insurance RI. 3334 BURGLARY INSURANCE ROY E. M’COY With Travelers Insurance Cos. I , JPL 3334
Prtma Cos 28’4 26% 27% Process Corp 3% 3 % 1% Public Service N P 33 32 32 Public Service 6~e. pfd. .. .. 65 Quaker Oats 135% Quaker Oats pfd ... 112 Reliance Mfg Cos ... 17 16% 16% | Seaboard Util Shares. .. ... % Sears Roebuck 38% 36% 37% Slgnode Btl Strapping 2% Stand Dredging Cos pfd 5 Studebaker Mall ... % Super-Maid 4% 4 4% Swift A- Cos . . 20% 19% 20% Swift Internatiolal. 29% 28% 29% Thompson. JR 12 11% 11‘x U 6 Gvpsum. com 45% 44% 44 s * U S Gypsum pfd ... 114% U S Radio Sc Tel 19% 18% 18% Utah Radio 2 Utility & Ind 2% Uttlttv & Ind pfd 5% 5% 5% Viking Pump 4% 4 4 Vortex Cup Cos 8% 8% 8% j Vortex Cup Cos 'A' .. 26% Wahl 1% Walgreen Cos. com 19% 18% 19 Ward. Montgomery A'. .. ... 59% Woodruff Sc Edwards .... ... 12% Yates Machine 2% 2% 2% Zenith Rado 2% 2% 2% Produce Markets—- ■ - ■ Delivered in Indianapolis prices: Hens, heavy breeds over 4% lbs.. 8c: Leghorns. 6c. Broilers: Colored springers. 1% ibs. up. 13c: springers (Leghorn). 1% lbs. up. 10c; barebacks. 7c; cocks and stags. 6c; Leghorn cocks and Leghorn stags. sc. Ducks, large white, full feathered and fat. over 4 lbs. 4c: small and colored. 3c. Geese, full feathered and fat. 3c. Young guineas. 20c: old guineas. 15c. Eggs—No. 1 iresh country run eges. 10c 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 Butter—No. 1, 24® 25c; No. 2. 220 23c. Butterfat—l9c. Quoted bv the Wadlev Company. BY UNITED PRESS CHICAGO. June 30.—Eggs Market steady, prices unchanged to l%c lower; receipts 10,169 cases; extra firsts 14%© 14%c: firsts, 13%®14%c; Current receipts. 11®12%c; dirties. 10\c. Butter—Market unsettled, prices unchanged to %c lower; receipts 18.080 tubs: specials 25%®25%c: extras 24%c; extra firsts, 23%®24%c: firsts 21%022%c; seconds. 18(/20%c: standards. 24 1 4C. Poultry—Market, about steady: receipts 45 trucks: fowls. 10©10%e Leghorn broilers. 11 %® 13c; Leghorns. 8c; ducks. 6®9c; geese. 6%c; turkeys 100 11c; roosters. 8c: broilers. 14®18%c: stags, 11c. Cheese—Twins. 13©13%c; Longhorns, 13%®13%c. Potatoes —On track 246; arrivals 54; shipments 642: market steady to weak: Virginia Cobblers sacked. $2.10® 2 25: barrels. $3.6503 75: Oklahoma sacked Triumphs. $1.9002.10: Arkansas sacked Triumphs. *2O 2.20; Missouri salted Cobblers *2O 2.10: Washington sacked Russets. *2.25; Wisconsin sacked road whites. $1.60. CLEVELAND. June 30—Butter—Market, steady: extras. 28%c; standards 28%c. Eggs—Market, steady; extras. 16%c; current receipts. 13%c; extra firsts. 14c Live poultry—Market, steady; heavy fowls. 12 ®l3c: Leghorn fowls. 8® 10c: heavy broilers. 16®18c: Leghorn broilers. i3®l4c; ducks. 8010 c: ola roosters. Bc. Potatoes— Virginia and North Carolina. United States. No. 1. barrels, best. $3.8504. In the Cotton Markets 29— CHICAGO . ' High. Low. Close. January 10.70 10.60 10.60 March 10.85 10.75 10.75 July 10.10 October 10.52 10.32 10.38 December 10.66 10.50 10.50 NEW YORK January 10.58 10.57 10.57 March . . 10.66 10.60 10.60 May 10.89 j 0.72 10.78 July 10.03 9.93 10 00 October 10 40 10.20 10.27 December 10.55 10.34 10.42 NEW ORLEANS January 10 66 10 45 10.53 March 10.78 10.60 10.66 May 10.99 10.77 10.82 July 10.15 9.95 10.01 October 10 45 10.21 10.29 December 10.61 10.38 10.46
Fidelity Trust Company General Banking Licensed in Class A Fire Insurance And All Other Kinds of Insurance With Exception of Life Insurance. Riley 7471 148 E . Market St. , ARRANGE YOUR OWN INVESTMENT TRUST Our CUMULATIVE INV ESTMENT PLAN permits you to select the particular stocks you wish to acquire and pay for them in Twenty Convenient Monthly Payments. Write for detail* of this Plan ESTABLISHED 1012 Suite 724, Circle Tower . Lincoln 8584 CHICAGO CENTURY OF PROGRESS Transportation to and From Chicago Not Included You may come any way you wish . . . Stay as long as you like ... All arrangements made. 1 DAY 2 DAYS Includes transfer to and from all Includes transfers to and from all stations: breakfast; one night at stations; one breakfast, one night at hotel; one admission to Fairgrounds; hotel: two admissions to Fairground* including Ft. Dearborn including Ft Dearborn and a Chl- _ cago-by-nlght trip $4.60 $6.60 CORRESPONDING LOW RATES FOR ADDITIONAL DAYS nin „ . -I'liT Complete Details Communicate With RICHARD A. KURTZ, Manager Travel Bureau SThe Leading Travel Bureau of Indianapolis UNION TRUSTS
WE WILL PAY ATTRACTIVE PRICES FOR THE FOLLOWING: Burdine Properties, Inc. (Miami, Fla.) 6>4s Sisters of Mercy fHammond, Ind.) 5s J. W. Jackson & Sons Realty Cos. 6 % Pfd. Cal-Wayne Realty Company Pfd. Palais Royal Realty Company 6% Pfd. Kiser. Cohn and Shumaker, Inc. 128 E. Washington St Lincoln 2481
Abbott, Hoppin & Company 203 Continental Bank Building Riley 5491 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange Chicago Board of Trade New York Curb Exchange Chicago Stock Exchange New York Produce Exchange Chicago Curb Exchange Commodity Exchange. Inc., N. Y. New York Coffee and Sugar Exchange Co-Managers James T. Hamill Kenneth K. Woolling
PAGE 21
WHEAT CLOSES : UP ON RALLY IN CORN AND OATS Heavy Rains Needed by All Grains to Offset Damage. BY HAROLD E. RAINVILLE Urlted Frets Staff Correspondent CHICAGO. June 30— Pronounced strength in com and oats led to a sharp rally in wheat on the Board of Trade shortly before the close , today, although there was heavy selling on all advances. The close was about steady. The better weather was offset by the belief that continuous rains would be needed. Strength in Minneapolis lent credulence to this view. May hovered around the dollar mark most of the session. Exceptionally heavy damage reports continue to be recelevd on oats, wheat and corn and bullish production figures are expected to be received on these grains. Wheat Closes I’p Bullish figures are expected in all grains Monday when the private reports are released and buying was persistent, especially in oats. At the close wheat was % to a i cent higher, corn 1% to 1% cent* higher, oats 2 to 2% cents higher, rye unchanged to ** cent higher ando barley \ to 1% cents higher. Provisions were unsettled. Trading again was very large. The early break was largely on an accumulation of overnight selling orders but many traders were stepping out of the market in view of the short sessions and holiday ahead. Minneapolis and Kansas City also will close early today and Monday, conforming with the Chicago exchange. Liverpool closed 1% to 2% cents lower. Cash prices were 1 cent lower. Receipts were 8 cars. Rains Cause Selling Good rains over the belt caused selling of corn, but while September 1 dropped cent* by mid-morning, the other deliveries were only U to % cent lower. Traders were of the opinion the belt needed a respite from the high temperatures with not much relief due before the week end. Cash prices were *6 cent lower. Receipts were 276 cars. Oats continued to display strength and prices were unchanged to cent higher at mid-morning. Trading was quiet. Rye was lv;'to IX cents lower. Cash oats was unchtnged. Receipts were 28 cars. INDIANAPOLIS WAGON WHEAT City srrain elevators are navine; 78 cents for No. 2 soft red wheat. Other grades on their merits
