Indianapolis Times, Volume 45, Number 50, Indianapolis, Marion County, 8 July 1933 — Page 9

JtTT.Y 8, 1033

New York Stocks ■" ißt Abbott. Hoppln * Cos.)

—July 7 . Prfv. i Otl High. Low Close close Amerada 41 30 1 a 39% 39*a At; Rfg 31* 30'. 30% 31 % Barr,‘dal! 10’. 10'. 10* 10* Consol Oil ... 15% 14’. 15‘a 15* Com of De 1.... 19* 18* 1* 1 Houston tnewt.. 7' 6* 8% ~ Houston ioidi.. 37'a 35% 36 36 Indian Hfa 4 |S M.d Corn Pot .16 15* 15% Is , i I OH 18% 15* 18% 17 ■ Pet Corp . . 14* 14* 14* 14* Phillips Pet... . 17* 17* 17* 17 * Pure Oil 10% 9* 10* 10* Rovat Dutch.... 35 . 35* 35* 34* 81x1 Oil 33* 32* 32* 33 Shell Union ... 12 11* 11V. 10* Simms Pet ...... 12* 11% IP. 12 Shelley Oil 9* 9* 9* 9* Soc Vac 15* 14* 15 15* j SO of Cal 39* 38* 39* 39* I S O of Kan . 23 22* S O of N J. ... 40* 39* 93% 39* Sun Oil 48 45* 47* 45* Tex a;, Corp 28* 27* 27* 2*'a Tidewater Assn . 10* 10* 10* 10* Un Oil of Cal 23'. 22* 22* 22* Steel*— Am Roll Mills.. 28* 27 27% 27* Beth steel 4ft 46* 48* 47 Bvers AM 32* 31* 31% 32* Col Fuel ft Iron 17* 16% '.6* 15% Cruc Steel 29 27* 28 27* Gulf Sts Steel . ... 34 33* Inland 6*eel . 45* 4 4 44 43* Ludlum S’eel .. 19* 18* 19 18 3 * [ McKeesport Till . 86* 86* , Nad Steel 54* 53* 54* 52* Rep Iron At Steel 21* 20 20* 20* Rep Iron ft Stl p 50 49 50 47* U 8 Smelt 57* 55* 58* 55 j Vanadium 29* 28* 28* 29 ! Midland ... 17* 17 17 16* ' U S Pipe & Fdv 21* 20* 21'* 21 U 8 Steel . 66* 64* 66 64* U S Bteel pfd 104* 102 103* 101* Youngstn Bit T 33* 31* 32* 32* Itaila— Atchison 80 76% 78% 79 j Atl Cst Line.. . 57* 56 56 54% I B Si 0 37* 35* 36* 36% , Can Pac 20* 19* 20 20 I Ch ft Ohio .. . 47* 46* 46* 47 Chi * Gt W 7 6% 7 6* C M * St P 7% 7* 7% 7 CMftSt P p and 12* 11% 11* 12* Chi N W 16 14* 15* 15 Chi R Isl 10 9* 9* 9* Dela * Hud . 93* 88 90 92* I Erie ... 21 % 20* 21 21% Grt Northern. 33'. 31 * 33 31 I 111 Central 44 42 42* 41 K C Sou . .. 21 * 20* 20* 21* 1 Lou A- Nash.. 67 64* 64* 65 M KA- T . 17* 16'. 16% 17 Mo Pac 10 8% 9% 8* Mo Pac pfd.. . 15% 13* 14 13% N Y Cent. . .58 55V 57 56* NY Chi A- St L 25 24 24 23* NY ChlArSt L pfd 31 29* 30 27* N Y New Haen. 34% 31* 32% 33 N Y Ont ft Wes 14* 14* 14% 14* Norfolk Ar, WesllT 173* 175 174 Nor Pac .34% 33* .34% 33% Penn R R 41 * 40 * 40% 40 Reading 62 58 58 61* Sou Pac 38* 30* 37% 36* Sou R R 30* 29* 30* 29* Union Pac. . . 132 128% 128% 131% Wabash 7% 6* 6* 6* W Maryland ... 14* 13* 14% 13% Motor*— Auburn 70* 86% 67* 68* i Chrysler 38 * 37 37* 38* Gen Motors 33* 32* 33* 32* Graham Mot ... 4* 4* 4% 4* Hudson 15* 14% 15* 14* Hupp 6* 6% 6% 6* Mack Truck .... 45% 44* 45* 44* Nash 25* 24 24* 24% Packard 6 5% 6 5% Rco 55 5 5 Studebaker . . . G% 6% 8% 6* Y'ellow Truck ... 7% 6* 7% 7* Motor Acres.— Bendlx ... 20% 19* 20* 20* Bohn Olum 54 52 52 53 Borg Warner ... 21* 20 20 21* Briggs 13* 12* 12* 13* Hudd Wheel . ... 5* 5* 5% 5* Eaton Mfg . .. 14* 13* 13% 14 Elec Auto I.lle 25% 25 25* 24* Houd Hershey... 6 5% 5% 5% Mullins Mfg 9* Murray Body . 11* 10% 10* 10* Stew Warner ... 8* B'/a 8* 8* Tlmkln Rol 35 33* 34* 34* Mining— * Alaska .Jun 22* 21* 22 22 Am Smelt 38*0 36% 37* 37* Anaconda .. . 20* 19* 20* 19* Cal ft Hecln 8* 8* 8* 8* Cerro de Pasco . 30 28* 29 28% Granby . . 15 14* 14* 14* Gt Nor Ore 15 14% 15 14% Homestake Min. 240* 240 240 Howe Sound . 25* 24* 25% 24% Ins Copper .. 9* 8* 8% 8% Hit Nirkel . 20% 19* 19% 20 Isl Creek Coal . 29% 29% 29* ... Kennecott Cop. 24% 23’a 24% 23% Noranda Cop... 31% 30* 31% 30* Phelps Dodge.. 16* 15% 16* 15* Pitts Coal 18% 18 18 17* Tobaccos— Am Snutl 48% 47 47 47% Am Hu mTob... 18% 15* 15* 15* Am Tobacco... 89* 87 87 89* Am Tobacco B 94* 91 91 93% Gen Cigar 43* 42* 43 43* Ligg A; Myers B 97 95% 95% 96* Loi rlllard 25* 24* 24* 24% Reynolds Tob B 50* 49 49% 49* Equipments— Allis Chalmers.. 26 22% 25% 23 Am Car & Fdv. 36% 34 34* 35% Am Loco 37* 36* 36* 37 Am Mach A- Fdy 21% 21* 21* 21* A niStrel Fdy... 26% 24% 24* 25* Bald Loco 17* 16* 17 16% Burroughs 20* 19* 19* 20* Case J 1 100 96* 97* 99 Cater Tract 29* 28 28* 28* Colgat Palm Peet 20 19* 19% 19% Congoleum ... 19* 18% 19* 18% Elec stor Bat... 52* 50* 50* 51 Foster Wheeler 22% 21* 22* 21% Gen Am Tk Car 42 40% 41* 41% Gen Elec . 29* 26* 29* 26* Gen It R Sig . 49 47* 18* 49* liiKsol Hand . 69* 68* 88* 68* Int Bus Mach.. 138% 137 Vi 138* 136* lilt Harvester.. 45 43 44 44% Kelvlnator 12* 11* 12 12* Natl Cash Reg . 21* 20* 21 20* Proc A: Gamble. 44* 43% 43% 43% Pullman Inc ... 58% 55% 57* 56 Simmons Bed ... 23% 22% 23% 23Vi Und Elliot 39 38* 38% 38 West Air B . . 35% 34* 35* 34% Westingh Elec... 55% 50 55% 50 Worthington Pm 39% 37 38% 39* Utilities— Am ft For Pwr. 19 17* 18 18% Am Power it L 16% 15 % 16 15% A Tft T 134* 130% 132* 132 Am Wat Wks ... 41 * 38% 39* 39% Brook Un Gas... 84 83* 83* Col Gas ft Elec. 27* 25* 26* 26% Col C, & E pfd.. 81* 80* 80% 80% Com ft Scfll ... 4* 4% 4'* 4% Consol Gas . .. 62% 59% 60* 60% Elec Pwr A- Lit.. 14% 13% 13% 13% EPft L pfd ... 27% 26% 27 26%

Chicago Stocks By Abbott, Hoppln & Cos.

—July 7 TOTAL SALES. 205.000 SHARES Hiah Low. Close. Abbot Lab 38% 36 38% Acme Steel Cos . 39% 38 39% Allied Products 20 19 l i 19'a Asbestos Mfg . 4% 4'a 4% Assoc Telephone Util.. . 12 Bastian-Blesslng 13 12*4 124* Bendlx Aviation 20% 19% 20 Borg-Wurner 21% 20% 20% Brown Pence A - Wire B 3'* Butler Bros 6 5% 5% Brrghoff la 1 * 13% 15 Cent 111 Pub Serv Ptd 25% 24% 24% Cent Pub Serv Class A . % Cent Pub Util , „% Cent & So West 3% 3% SS Chain Belt. .. 1< 1 a Cherrv Burrell Corp •• 5 Chi & Northwestern .. 16 14% 15*4 Chi Cttv A- Con Rvs Ctf . 1% Chicago Corp Com . 4 s * 4 4% Chicago Corp Ptd 32 28*2 32 Chicago Rvs. Series 2 •• % Cities Sendee .. 4% 4% 4% Club Aluminum . . •• „% Commonwealth Edison 68% 6.% 68% Continental Steel . 12 11 11*4 Cord Corp 12’* .12% Curtis Lighting .5 4 5 De Mets. Inc. Ptnce . 15_ Dexter Cos . . R l * B*2 8 * Electric Household ... 12 11 3 4 12 Oarner-Denver Cos 10% Godchaux .B. Goldblatt Bros . . . 25 s * 24*4 25 s * Great Lakes Aircraft .. . I** Great Lakes Dredge ... 17% 17% 17*4 Grevhound Corp I s * 1* l 3 s Grlgsbv-Orunow 3* 3 3'* Hall Printing 9 1 * 9*4 9*4 Hart-Carter ptd Hart S A- M 25 21 25 Hormel & Cos 20 Houdaille'sHershev (B. 5 3 4 s*B s s * Iron Fireman B'* 7’* 7% Jefferson Elec 11% Kalamazoo Stove ... . 28'2 28* 28* Kevstone Steel 14*4 14 14 Übbv-McNeil 7* 6% 7 Lindav Light . . 3 1 * 3*4 3% Llndsav Nunn Pub % Lynch Corp 32% 31*8 31% Manhattan-Dearborn . . . 3*4 Marshall Field 17% 17 17'4 McGraw Electric 4 s * McQuav-Norris 43-2 McWilliams Dredging Cos 14*8 Merchants & Mtrs A . .. ... 2 Mickelberrv's Food Prod . . 6*4 Middle West Utilities . % *a 3 * Midland United ... 1% Midland United ptd 2* B Monroe Chemical . .... 3 2'a 3 Mosser Leather .., B'* National Leather ..... 2*4 2'* 2'* National-Standard 22 1 2 22 22% National Union Radio . 2 I** 2 Noblitt-Sparks Indu Inc 27% 27*t 27% No Anr Light A- Par ... 4% Northwest Bancorporatn 9 T g 9* 9** Perfect Circle ... 26 Pines Wlnterfront 2** Prims Cos 27 26 26 Process Corp 4 3% 3% Public Service . 33'j 32*4 32% Public Service N P 34*4 34 34 Public Service 6% pfd 65 Quaker Oats 140> 2 140 140*2 Quaker Oats pfd ... 1151. Railroad Shnres 1% It, is* Reliance Mfg Cos Is% Rverson A- Son 181. Seaboard Utilities Sh. j Sears Roebuck 46 l 4 44% 44*2. Southern Union Gas % % s. Standard Dredging Cos.. .. ... 2*2 Storkline Furniture . 51,, Super-Maid 4% 4 4% Swift & Cos .21 20*4 ' 20\ Swift Internacional . 29*4 29 29 Thompson. JR 12* j 12 12 United Gas Corp 6 5 6 U S Gypsum, com 51*2 50 51 % U S Radio A Tel . ... 23*4 21*2 23>4 Utal Radio ... 1% Utility A Ind 2 s * Utility A Ind, pfd B*4 8 6*4 Vortex Cup Cos ... B** Walgreen Cos. com 20* 4 19% 20 Ward. Montgomery A 79 Wayne Pump, com p, Wisconsin Bankshares. 6*, B*4 B*4 Woodruff St Edwards. J2* Yates Machine 2% 2% 3*4 Zenith Aadio M ... j*

Int Tit T 20* 19% 19* 20* Lou Gft E A ... 23* 22* 23* 23* Nat Pwr ft Lit.. 19* 18* 19 18* North Amcr 35* 33* 34% 34% Pac O ft E 31* 30% 30* 30* Pub Serv N J . 54* 53* 53% 53* So Cal Edison... 26% 26 26* 26 S’d Gas . 21% 19 s , 20 s , 20% Std Gas pfd . . 23* 22 22* 22% United Corp . .. 13 s , 13 13* 12* Un Gas Imp ... 23% 22% . 23* 22* Ut Pwr Lit A. 7% 7* 7% 7% Western Union.. 62% 59 62 , 61% i Rubbers— Firestone 25% 23% 23% 24* Goodrich 18 18% 17 17% Goodyear 41% 39% 39% 39 U S Rubber 15* 15 15* 15% u S Rubber pfd 30% 29* 29% 29* Kel Spring .. .. 4* 4* 4% 4* Amusement*— Croslev Radio .. 11% 11* 11* 11 Fox Film 3% 3* 3% 3* Loews Inc 25% 24 ■ 24* 24% Radio Corp .11 9% 11 10* R K O . • *% 4% Warner Bros .... 7 6* 6% o s * Foods— Am Sugar 67 65% 65% 66% Armour (A>. ... 6% 6 6 6* Beatrice Crem'v 26% 24% 26 26% Border. Prod . 37 36% 36% 36* Cal Parking 31* 29% 29* 30% Can Drr G Ale. 26 24* 24* 25V, Coca Cola .101% 100% 101 % 100* C'ont Bak iAi .. 15* 14* 14* 15 Corn Prod . . . 82* 79 81 81 Crm of Wheat... 34 33 34 33* Gen Foods 38% 38% 38% 38% Gold Dust .. 26* 25V, 25* 2e* G W Sugar. .. 31* 29% 30* 30* Hershey . . ... 57% 57 Int Salt ...... 26% 25* 26 • 26* Loose Wiles .... 40% 39’, 40 39% Natl Biscuit.. . 58 57* 58 58 Natl D Prod 24% 24 24 24% Pet Milk 13% 13% Purity Bak . 22* 21* 21* 22* S Porto Rico S . 38% 35 35 35% Std Brands 28% 26% 27* 28 United Fruit .. 65 63% 63* ...' Ward Bak iAi ... 17 ... Wrigley 51 50 50 49 Retail Stores— Asso Dry Goods 15% Best &Cos 31 29* 30 28* Gimbel 8r05... 7% 7* 7% 7 Glmbel pfd .... 32% 31% 32% 31% Gr Un Tea . 10* 9* 9% 10% Hahn Dept Sts. 9% 8% 8* 8* Jewel Tea .. ... 44)/, 42% Rresge 8 S 18 15%y* 15% 15* Kroger Groc .. 35 34% 35 34* Macy RII 85 64% 64% 62 May Dept St.. 31% 30% 30% 31% Mont Ward ... 28% 27 28% 28% Penny J C . 47 45% 46'% 45* Safeway St 57% 55% 55% 56% Sears Roebuck.. 46% 44% 44* 45% Wool worth .... 49% 48* 49 48% Aviation— Aviation Corp.. 13* 13 13* 13* Douglass Air.... 17'% 16% 16* 17* Curtiss Wright 3* 3* 3* 3* Curtiss Wright A 6’% 6'% 8* 6% Nor Am Av 8 7* 8 8% United Aircraft. 39% 37% 38* 39% Chemicals— Air Reduction.. 94 93% 93% 93% Allied Chem 133* 130% 131% 130* Am Com Alcohol 42* 40* ' IV, 42* Col Carbon 73% 66% 67 68 Com Solvents . 30 28% 28% 29* Pupont .. 84% 81 82% 82 Freeport Tex... 39% 37* 38* 38% Liquid Carb 39* 37% 38% 39 Northern Alkali 33* 32% 33* 33 Tex Gulg Sulph 34% 33% 33* 34% Union Carbide. 45'% 44% 44* 44 % U S Ind Alcohol 89* 67* 69 67* Nat Distil 106% 102% 102* 104* Drugs— Coty Inc 7* 6* 6* 7% Drug Inc 56* 54 54% 55* Lambert 38% 37* 37* 38% Lehn ft Fink ... 22 21* 22 21% Zonite Prod .... 8 6* 8 6% Financial— Adams Exp 13* 12* 13* 13% Allegheny Corp. 8* 7% 8 7% Chesa Corp ... 52% 49* 50* 50* Trans-America.. B'% 7% 7* 8 Tr Conti Corp... 8* 8* 8% 8% Building— Am Radiator ... 18% 18 18 18% Gen Asphalt ... 22% 21 21 21 % Int Cement 39% 38 38* 38* Johns Manville. 58% 54* 56% 57 Libby Owens Gls 33% 30% 31% 32% Otis Kiev 23 % 21* 23 23* Ulen Const 5 4% 4% 4* Miscellaneous— Am Bank Note.. 28% 25% 28 25* Am Can 96 93 95% 95* Anchor Cap . ... 23% 22% 22% 22* Brklyn Man Tr. . 40% 39 39% 39% Conti Can 64% 63% 63* 62% Eastman Kodak 85* 83% 84 33 Owens Bottle ... 89'% 86 87 89 Gillette 17% 16* 17* 17* Glidden 16* 16 16* 16% Ootham Silk 15* 15% 15% 15* Indus Rayon 69% 67 * 67 * 70 Inter Rapid Tr. 9* 9 9 8* Real Silk Hose.. 17* 16* 16* 17* New York Bank Stocks —July 7 Bid. Ask. Bankers 64% .65 Central Hanover 1.42 1.44 Chase National 33* .34% Chemical 40% .41% City National 37% .38* Corn Exchange 62* .62* Continental, 16* .17% First National 15.15 15 35 Guaranty 3.21 3.23 Irving 22* .23 Manhatten & Cos 32* .34 Manufacturers 20 .20% New York Trust 96 .91

Daily Price Index

By United Press NEW YORK. July 7—Dun & Bradstreet's daily weighted price index of thirty basic commodities, compiled for the United Press: (1930-1932 Average. 100.) Today 104.55 Thursday 103.90 Weeg ago 98.25 Month ago 91.56 Year ago 75.00 1033 High (July 71 104.55 1933 Low (Jan. 20) 67.86 (Copyright, 1033. by Dun & Bradstreet. Inc.)

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4*2 lbs . 10c; Leghorns. 7c. Broilers: Colored springers. I*4 lbs. up. 14c; springers (Leghorn). I*2 lbs. up. lie: barebacks. 7c; cocks and stags. 6c; Leghorn cocks and Leghorn stags. sc. Ducks, large white, fuii leathered 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 fresh country run eegs. 12c,. 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 27® 28c: No. 2. 26c. Butterfat—l9c. Quoted bv the Wadlev Comnanv. BY UNITED PRESS CHICAGO. July 7.—Eggs—Market, firm; prices unchanged to '4C higher; receipts, 9,206 cases; extra firsts. 14*4@14%c; firsts, 13*2 <i 14he; current receipts. ll*,a@l2iac: dirties, 10 3 4C. Butter—Market. Arm; *2 to lc higher: receipts. 15,072 tubs;: specials. 26026%c: extras. 25%c; extra firstsA 24 (<l 25c; firsts. 22*2'<?23%c; standards. 25*jc. Poultry—Market, easy; receipts. 60 trucks; fowls. 12c. Leghorn broilers. 1%012%c; Leghorns. 9%c; ducks. 6010 c: geese, 6*2® 10c: turkeys. 10@llc: roosters. 8c: broilers. 13',<18%c. Cheese—Twins. 13(513*4C: Longhorns. 13%0i3%c. Potatoes —On tracic. 144: arrivals, 93; shipments. 752: market, easier; Missouri and Kansas sacked cobblers. $2,652.75. NEW YORK. July 7—Potatoes—Weak: Long Island. $4 50 0 5 per bbl.; New Jersey. $2.75; southern. $1.25(3 5.25 per bbl.: Bermuda, $6 50 per bbl. Sweet potatoes— Firm: Jersey basket. $132.85. Flour— Firm; springs, patents. [email protected] per sack. Pork—Steady; mess. sl9 per bbl. Lard —Firm; middle west spot. $7.25(57.35 per 100 lb. Dressed poultry—Firm; turkeys. 14 0 24c: chickens. 9 025 c: broilers, 13 a 20c: fowls. 9-715 c: Long Hand ducks, 20025 c. Live poultry—Firm: geese. 608 c: turkeys. lOn 15c: roosters. 8c; ducks. 9(3 14c; fowls. 10 316 c; chickens. 18(5 22c; broilers. 7® 22c. Cheese —Quiet; state whole milk, fanev to specials. 2Q021%c; young Americas. 16*4'318*20. Butter Market firm; creamery, higher than extras. 26*4 '3 27c; extra. 92 score. 26c: firsts, 90 to 91 score. 24%'a25%c; tirsts. 88 to 89 score. 23 5 24c; seconds. 21 %@ 22' 2C. Eggs— Market, firm: special packs, including unusual hennery selections. 18@20%c; standards 17*jc; firsts. 155 15*40: seconds. 14 i 14*4c: mediums. 13% @l4%c: dirties. 13 3 4C. checks. 12c CLEVELAND. July 7.—Butter—Market, firm■ extras. 29%c in tubs; standards -o%c in tubs Eggs—Market, easv: extras 16*20. current receipts. 13c: extra firsts. 13'.(C. Poultry—Market, firm: heavy fowl. 12 /14c; Leghorn fowl. 10011 c; heavy broi>rs. 1618 c: Leghorn broilers. 11 13c; tucks, 8 ilOc: old roosters. Bc. Potatoes— Virginia bbl. Cobblers. United State No. 1 best mostly $4 75: few held, $5: irregular sire. $4.4054.60: United States No. 2. $2.65 '52.75.

In the Cotton Markets

—July 7 CHICAGO High. Low Close. January 11.07 10.76 10.76 March 11,20 10 86 10 88 May 11.35 1104 1104 July .... 10.33 October 10 88 10.47 10.53 December 11.00 10 66 10 68 NEW YORK January 10 98 10.64 10 64 March .- 11.15 10.79 10 80 May 11.28 10 96 10 98 July 10 48 10 15 J 0.15 October 10.76 10.40 10 41 December 10.94 10.57 10.58 NEW ORLEANS January 10.91 10 62 10.62 March 11 06 10 75 10.75 May 11 17 10 92 10.92 Julv 10.29 10 12 10 12 October 10 68 10 34 10.36 December 10.87 10.52 10.53 CHICAGO FRUIT MARKET By United Been CHICAGO. July 7. App’es—lllinois Transparent*, bushel. *l(ul 35. Raspberries—lllinois. Indiana and Michigan reds, *lsosi 1.75: Indiana and Michigan Blackcaps. &oc'a*l.lo. Cherries —Michigan sour. $1.2501.50; sweet. *[email protected]. Gooseberries—Michigan. $1.2501.50. Onion Market—Texas: Crystal White, waxed. busheL *1.50@175; California Yellowa. busheL *[email protected].

DOLLAR DIPS TO LOWEST POINT SINCEJB6I-64 Value of Unit Slips to 70 Cents; Sterling Hits $4.77.

Average Stock Prices

Average of thirty industrials for Thursday. high 105 56. low 101.21, last 104.98, up 2 25. Average of twenty rails 56 82. 53 80. 56.38. up 2.02. Average of twenty utilities 37.00. 35 41. 36.52. up 86. Average of forty bonds 87.31. up 58. Average of ten first rails 92.11, up .59. Average of ten second rails 76 04, up 1.18. Average of ten utilities 94.05, up .44, Average of ten Industrials 87.06, up .14. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July B.—Electrical equipment stocks soared to new high ground for the year to lead a late rail on the Stock Exchange Friday. The rally followed an erratic performance in the earlier dealings and left a majority of issues above the previous close. Dealings were at a furious pace. At one time tickers lagged 26 minutes behind the actual market. They caught up before the close and fell behind again the last few minutes of buying. Trading in the first hour was at a pace of more than 11.000.000 shares and in that time all the leaders were carried to new highs. Trading reached the second greatest volume of the year, 6,970,000 shares. This compared with 6,540,000 shares Thursday. Dollar Value Slumps Radio Corporation became tremendously active near the close. A block of 50,000 shares sold at 10%, up Vi, point. It continued to gain from that level and closed at 11. Westinghouse Electric made a new' high at 55, up 5 points, and General Electric reached 29% for the first time this year, a gain of 3% points net. The rise in stocks was induced by a sharp drop in the dollar. At one time the pound sterling was at $4.77 or within 9 points of par. In terms of gold and the French franc the dollar was worth about 70 cents. Business reports were enthusiastic in their description of gains in all lines. Dow-Jones estimated the U. S. Steel Corporation would show a rise of 80,000 to 100,000 in unfilled orders as of the end of June compared with the end of May. Coppers Move Up Steel plants reported increased operations. Steel scrap prices were advanced. Cement makers increased prices and wages simultaneously. Copper metal sold at 9 cents a pound for the first time this year. The rise in copper brought buying into copper shares, and was in part responsible for the pickup in General Electric and Westinghouse Electric, both of which have large copper inventories. Railroads appreciated to new highs since 1931 in the early trading, declined to losses ranging to 3 points and rallied before the close. The weekly car loadings report to be issued Saturday for the week ended July 1 is expected to register the best comparison with the preceding year for any week in 1933.

Bank Clearings

INDIANAPOLIS STATEMENT -July 7 Clearings $1,825,000.00 Debits 4,885,000.00 TREASURY STATEMENT —July 7 Net balance for July 5 $872,878,009.68 Misc. inter, rev. receipts for day 8,696.832.12 Customs rects, mo. to July 5 2,384,373.40

Foreign Exchange

ißy Abbott. Hoppin & Cos.) —July 7 Sterling, England $4.71*4 Franc. France 0554*4 Lira, Italy '.0753 Belgas Belgium 1990 Mark, Germany 3410 Guilder. Holland 5750 Peseta. Spain 1192 Krone. Norway 2350 Krone. Denmark 2090 New York Curb —July 7 Close; Close Alum Cos of A. 88 Inti Petrol .... 19 | Am Bev ...... 3 Lake Sh M 39% Am C P & L B 5*4 Lone Star G .. 11 Am Cyan B 14% Mount Prod ... 6 Am & F P . 12% Natl Bella sH.. 4% Am Gas & El.. 46% Niag Hud Pwr. 13*4 i Am Sup P .. . 7% Pan Am Airw . 46% Ark N P A ... 3‘* Parker Rstpfr . 51 Asso Gas A . 2 Pennroad 6 Atlas U Corp . 18*4 Pioneer G M .. 13 Axton 63*2 St.. Regis Pap . 6% Braz T & L . 15% Salt. Crk Prod.. 8 Can Mar 2*4 Segal Lock I*4 Cent Sts El . . 3% 3td O of I .... 33*/ B Cities Serv .. . 4% Std O of Kv .. 18*4 Com Edison .. 67%Stutz 16 Cord 12% Translux 2% Derby Oil 2% ! United Fdrs ... 2 3 4 Elslei- Elec ... 1 3 8 United Gas 6 El Bnd &Sh . 37% Un L & P A.. 8 Ford of Eng s>4lUnited Verde .. 5 Ford Mot Can 13 Util P& L . .. 2% Hudson Bay M 9 Woolw Ltd 19% Imperial Oil . i4%iWright Harg .. 6*4 Irving Afrc .... 7 I Liberty Bonds By United Pren* NEW YORK. July 7—Closing liberty bonds: (Decimals represent thirty-seconds' Liberty 3*2S <32-47. 102.26 Liberty Ist 4*iS (32-47) 102.5 Liberty 4th Vi's (33-38) 102.26 Treasury 4* 4 s (47-52) 110 Treasury 4s 144-54. 106.15 Treasury 3 3 <s .46-56. 105 Treasury 3%s .43-471* Treasury 3 3 8 s .41-43' March 102.12 Treasury 3**s .40-43. June 102.16 Treasury 3* B s (46-49) 100 S Treasury 3s (51-55. 98 30

Investment Trust Shares

(Bv Abbott. Hoppin & Cos.) -July VBid. Ask. American Bank Stocks Corp. .. 127 1.45 American Founders Corp 187 2.00 American & Qeneral Sec (A).. 5.50 6.50 Basic Industry Shares 3.74 . .. British Type Inv Tr Sh 90 1.00 Collateral Trustee Shares .A).. 5.25 5.62 Corporate Trust Shares 1 old).. 2.4n ... Corporate Trust Shares (new).. 2.6/ 2.73 Cumulative Trust Shares 4.55 .... Diversified Trust Shares (A).. 650 Diversified Tr Shares ‘B' 8 87 9 12 Diversified Trust Shares (C) ..3 52 3.70 j Diversified Trust Shares .D>.. 5.87 6.12 First Insurance Stock Corp. .. 1.70 2.00; First Common Stock Corp 1.27 1.45 1 Fixed Trust Oil Shares 1At.... 9 50 Fixed Trust Oil Shares iß'.. 8 12 8.25; Fundamental Trust Shas?s (A. 470 .... Fundamental Tr Shares (8).... 4.60 Low Priced Shares 6 87 .... Mass Invest Tr Shares 20 12 21.86 ; Nation Wide Securities 3.90 North Amer Trust Shares (1953. 2.03 .... ] North Amer Tr Shares 55-56. 274 3.10 i Selected American Shares . ... 3.07 Selected Cumulative Shares.... 7.64 7.74 Selected Income Shares 4.11 4.21 I Std Amer Trust Shares 3 30 3.35 Super Amer Trust Shares .At . 3 32 Trust Shares of America 3 32 3.37 Trustee Std Oil .A. 550 5 62. Trustee Std Oil iB. 5.00 5.25 I U S Electric Light & Pwr (A... 16.75 Universal Trust Share* 327 3 37: NEW YORK RAW SUGAR FUTURES —July 7 . High. Low Close. January I*l 1.57 1.59 March 1.67 1.62 1.63 May 1.71 1.66 1.68 July 1.51 1.49 1.49 September 1.53 1 50 1.51 December 1.61 156 i.sg

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following quotation* do rot rep- , resent actual bids or offerings, but merely indicate the approximate market level based on buying and selling Inquiries or recent transactions —July 7 STOCKS Bid. Ask. Belt Rail it Stock Yards com 25 30 Belt Rail it Stock Yds pfd 6> 45 50 Cent Ind Pwr pfd 7% 13 1J Citizens Gas com 13 i® Citizens Gas Cos pfd 5* 62 oo Home T it T Wayne old 7%.. 36 40 Ind Ar Mich Elec Cos pfd 7*.. 68 73 Ind Gen Service Cos pfd 6%.. 61 6j> Ind Hydro Eiec Cos 7% 27 30 Indpls Gas Cos com 40 44 Indpls Pwr & Lit Pfd 6* .59 63 Indpls Pwr Ar Lt Cos pfd 6%* 64 68 Indpls water Cos pfa 5*.... 87 91 No Ind Pub Serv Cos pfd 5%% 3i 41 No Ind Put Serv Cos 6* 38 42 Nr Ind Pub Ser Cos 7% .... 41 45 Public Serv Go of Ind pfd 6% 14 17 Public Serv Cos, of Ind pfd 7% 37 41 South Ind Gas a El pfd 6<7„.. 64 68 Terre Haute Elec pfd 6* 40 43 BONDS Blt R R it Stkyds 4s 1939. 88 92 Citizens Gas Cos 5s 1942 79% 83% Home T & W 5%s 1905 95 99 Home T & T W 6s 1943 97% 101% Indpls Gas Cos 5s 1952 83 86 indpls Rys Inc ss, 1967. .. 26 30 Indpls Water Cos 4%s 1940 ... 97% 101% Induls Water Cos 5s 1960. 92 96 Indpls Water Cos. 5s 1970 91 95 Indpls Water Cos 5s 1970 98 102 Indpls Water Cos 5%s 1954 98 102 Kokomo Wat Works 5s 1958... 74 78 Lafayette Tel Cos 5s 1957 82 86 Muncie Water Works 5s 1939.. 90 94 Richmond Water Works 1957.. 83 87 Terre Haute Water Wk 5s 1956 82 86 Terre Haute Wat Wk 6s 1949.. 92 96 Traction Terminal Cos 5s 1957. 42% 47% Joint Stock Land Banks Bid. Ask. Atlanta 40% 43% Atlantic 5% 46 49 Burlington 5% 37 40 California 5% 5o 58 •Chicago 5% 26 29 Dallas 5% 53 56 Denver 5% 52 55 Des Moines 5% 50% 54% First Carolina 5 % 35 38 First Ft. Wayne 5% 52 55 First Montgomery 5% 38% 41% First New Orleans 5% 37 41 First Texas 5% 49 52 First Tr Chicago 5% 55 58% Fletcher 9% 69 73 Freemont 5% 58 61 Greenbrier 5% 58 61 Greensboro 5% 47 50 Illinois Monticello 5% 60% 63% Illinois-Midwest 5% 43 46 Indianapolis 5% 77 81 lowa 5% 57 60 Kentucky 5% 61 64 Lafayette 5% 50 53 Lincoln 5* 52 55 Louisville 5% 52 55 Maryland-Virglnia 5% 67 70 Mississippi 5 % 45 48 New York 5% 48 51 North Carolina 5% 40 43 Oregon Washington 5% . 38 41 Pacific Portland 5% 47 50 Pacific Salt Lake 5% 50 53 Pacific San Francisco 5% 50 53 Pennsylvania 5% 53 57 Phoenix 5% 68 71 Potomac 5 % 50 53 •St Louis 5% 25 28 San Antonio 5C9 55 58 •Southern 5% 15 18 Southwest 5% 41 44 Union Detroit 5% 51 54 Union Louisville 5% 52% 56% Virginia Carolina 43 46 Virginia 5% 53 56 •Flat. Other Livestock BY UNITED PRESS CINCINNATI. July 7.—Hogs—Receipts, 4,100 head; 343 direct; mostly 10c higher; top and bulk good to choice, 180-300 lbs., $4; most 150-180 lbs. s4® 4.60; 130-150 lbs., largely, $3.2504; packing sows, [email protected]. Cattle—Receipts, 650, caAes, 300; generally fully steady; better kinds fairly active; steers and heifers mostly. $4.2505.50; a few handy weight heifers, $5.75®5.85; most beef cows, $2.50®3.50: low cutters and cutters, $1.50412.25; bulls, $2.5003.50: good to choice vealers active, $4.5005.50; plainer grades slow mostly, s3®4. Sheep— Receipts 5,500 head; fat lambs trade fully steady; spots strong to higher; bulk good to choice ewe and wether lambs, [email protected]; liberal scattering choice handy weights, $8.75; a few rumored slightly higher; medium lambs largely, $6,5007.50; common, $5.50®6.50; culls on down to around, $4; a few fat aged ewes, sl@ 1.50. TOLEDO. July 7.—Hogs—Receipts. 150; strong to 5c higher; heavy yorkers, $4.40® 4.65; mixed and bulk of sales, [email protected]: pigs and lights. $3®4,25; medium and heavies $4(5 4.70; roughs. $303.25. Cattle —Receipts, light; market, steady. Calves —Receipts, light; market strong to 50c higher: choice to extra, $6; fair to good. [email protected]. Sheep and lambs receipts, light; market, steady. KANSAS CITY. Julv 7.—Hogs—Receipts. 4,500. including 960 directs; closing fairly active from 5c to mostly 10c higher than Thursday’s average: top. $4.50 on choice 200-290 lbs.; 160-180 lbs.. $3.6504.40; 180200 lbs.. $4.10®4.50; 200-290 lbs., $4.35® 4.50: 290-350 tbs., $4.30®4.50: packing sows, medium and good, [email protected]; feeder and Stocker pigs, good and choice, $2.2502.75. Cattle—Receipts, 500; calves, 250; market, fully steady in a cleanup trade; spots higher on vealers; good 1,245lb. Colorado fed steers, $5.25; steers, good and choice, 550-900 lbs., [email protected]; heifers, good and choice. 550-900 lbs., $4.50 ®5.50; vealers (milk fed) medium to choice. $3.50 0 5.50; stocker and feeder steers, good and choice, all weights, S4O 5.35. Sheep—Receipts. 3,000, including 900 direct and through killing classes; fully steady: top native lambs, $7.65. CLEVELAND, July 7.—Hogs—Receipts. 1,100; market, steady to 10c higher, with most of the gain centered on heavyweights; heavies over 250 lbs., and choice butchers, 220-250 lbs., were quoted at Sa; yorkers and light butchers, 150-220 lbs., $4.90; pigs, $3.2503.75: roughs, $3.50 and stags. $2.50. Cattle —Receipts. 125; market, fairly steady; receipts made up entirely of cows and bulls: prime yearling bulls, $4,500:5; prime butcher cows. S3O, 3.75. Calves—Receipts. 450; market. 25c higher in active trading; choice to prime vealers. $6.50®7; choice to good. S6O 6.50; p.nd fair to good, $5.50 06. Sheep—Receipts, 500; market, 25c higher on light run and active demand; choice springer advance to $7.500 8.25; good to choice, $6.500 7.50; and medium to good. SSOO 6.50; market $1 higher for the week and accounted for the best advance in prices during the past month.

Hot Benefit June’s Heat Booms State Income From Sale of Beer.

THAT long June hot spell did some good, it was revealed Friday. It boomed beer sales and made more money for the state through excise revenues. Figures from the office of Paul Fry. state excise director, show* that beer sales reached a new* high from June 16 to 30. Taxes were paid on 489,672 gallons, making a state revenue of $24,483.61. Previous high was the first eight days after beer came back, when $21,711.28 was paid. F. W. Cook Company, Evansville, leads the list in payments from breweries and the two Indianapolis importing firms from importers. WOMAN QUIZZED IN GEM HOLDUP IS FREE SSOO Bond Is Made by Mrs. Koby, Held Since July 5. Mrs. Virginia Koby, 30, of 1701 North Illinois street, is at liberty on SSOO bond on a vagrancy charge with her case continued in municipal court four until Tuesday. She was arrested July 5 by detectives in -connection with an investigation of a $1,200 diamond holdup June 27 south of Indianapolis. Mrs. Goldie Fohl, 3653 Boulevard place, and three companions were returning from a bridge party when bandits overhauled them and took two diamond rings from Mrs. Fohl. BANK ORGANIZER QUITS Wabash Official Flings Charge of Lack of Co-Operation. By United Prett WABASH. Ind., July B—Organization of a bank to replace the Farmers and Wabash National was at a standstill Friday following withdrawal of Mark C. Honeywell as organizer. Selected by citizens to direct the organisation, Honeywell said he had failed to obtain proper co-opera-tion.

HOGS ADVANCE 10 TO 25 CENTS IN FIRMTRADE Underweights Show Bulk of Upturn; Cattle Prices Steady. Hogs were irregularly higher Friday morning at the city stockyards. Weights of 160 pounds up were selling 10 cents above Thursday’s figures, with underweights steady te a quarter higher. The bulk. 180 to 350 pounds, sold for $4.70 to $4.80, with a top of $4.85. Light weights of 130 to 160 pounds brought $3.50 to $4. Most sows sold around $3.50 to $4, a few up to $4.25. Receipts were estimated at 9,000. Holdovers were 297. Cattle generally were steady, with most yearling steers making the market at $5.65. Most heifers sold for $4.25 to $5.60. Receipts were 400. Vealers were 50 cents higher at $6 down. Calf receipts numbered 600. Lambs were active and 25 to 50 cents above the previous range. The bulk sold for $8 to $8.75. Bucks made the market at a dollar discount. Culls and throwouts brought $3.50 to $6.50. Receipts were 1,700. Pork market at Chicago was fairly active, around 5 cents to 10 cents higher than Thursday’s average. Bulk of choice kinds, scaling from 200 to 250 pounds, sold at $4.70. Receipts were estimated at 19.000, including 2,000 holdovers. Cattle receipts were 1,500; calves, 700; market unchanged. Sheep receipts numbered 6,000; market strong. HOGS June, Bulk. Ton. Receipts. 29. $4.45® 4.55 $4.60 9.000 30. 4.35® 4.50 4.50 9.000 July. 1. 4.35® 4.55 4.45 3,000 3. 4.50® 5.65 4.65 7.500 5. 4.45® 4.60 4.60 1.100 6. 4.60® 4.70 4.70 9,000 7. 4.70® 4.80 4.85 9,000 Market Higher (140-160) Good and choice $ 3.75® 4.00 —Light Weights—-(l6o-180) Good and choice.... 4.65 (180-200) Good and choice.... 4.70 —Medium Weights—-(2oo-220) Good and choice.... 4.75 (220-250) Good and choice.... 4.75® 4.85 —Heavy "Weights—-(2so-290) Good and choice ... 4.80® 4.85 (290-350) Good and choice ... 4.70® 4.80 —Packing Sows—(3so down) Good 3.90® 4.25 (350 up) Good 3.75® 4.00 iAll weights) Medium 3.50® 3.90 —Slaughter Pigs—-(loo-130) Good and choice.... 3.00® 3.25 CATTLE Receipts, 400: market, steady. (1.050-1.100) * , „ „„ Good and choice $ 5.50® 7.00 Common and medium 4.25® 5.50 (1.100-1.500) Good and choice 5.50@ 7.00 Medium 4.25® 5.25 —Heifers—-(sso-750) Good and choice 5.00® 6.00 Common and medium 3.lJ@ 4.75 (750-900) — Good and choice 4.25® 5.75 Common and medium 3.25® 4.25 —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, 600; market higher. Good and choice $ 5.50® 6.00 Medium 4.00® 5.50 Cull and common 2.50® 4.00 —Calves—-(2so-500) , „„„ „ „ Good and choice 4.00@ 4.50 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-800) Good and choice 4.75@ 8.00 Common and medium 3.00® 4.75 (800-1.500) 4 Good and choice 4.75® 6.00 Common and medium 3.00® 4.75 SHEEP AND LAMBS Receipts, 1.700; market, higher. —Lambs. Shorn Basis—(9o lbs. down) good and choice $7.75® 8.75 (90 lbs. down) com and med.. 5.00® 7.75 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.00 Other Livestock BY UNITED PRESS

EAST ST. LOUIS, 111.. July 7.—Hogs— Receipts, 11.000 including, 1,200 direct and 600 through; market, 10@15c higher; top $4.75; bulk 180-300 lbs., $4.60 @4.75; 150-180 lbs., $4 [email protected]; 100-140 lbs.. $2.7503.75; sows, [email protected]. Cattle —Receipts, 1,200; calves, 600; market: virtually no mature steers on sale: good and choice mixed yearlings and helfvs strong wdth spots 25c higher; other classes steady; top 645 lbs., heifers $6.35; other deals, $6 downward to $4.50; cows, $2.50 @3.25; low cutters. $1.5001.75; top sausage bulls, $3.15. Sheep—Receipts, 2,000; market. lambs, 25 0 50c higher; bulk, $7 75® 8 to all interests; throwouts, $3.50; fat etves $1.50 0 2.75. LAFAYETTE, July 7—Hogs—Market, steady to 25c higher: 225-300 lbs., $4.65; 300-325 lbs., $4.50; 200-225 lbs., $4.60; 190200 lbs.. $4.55; 170-190 lbs., $4.50; 150-170 lbs., $3.80; 140-150 lbs.. $3.50; 130-140 lbs.. $3.25. 120-130 lbs., $3; 100-120 lbs $2.75; roughs. $3.75 down. Calves—Market, $1 higher; top. $5; lambs, 50c higher; top. $7. PITTSBURGH, July 7.—Cattle—Receipts, 10; market, steady. Hogs—Receipts. 1,000; market, active. 20c higher; prime heavies, $4.900 5.05; heavy next. $5.1005.15; mediums, [email protected]; heavy yorkers, $4.75® 5.15: light yorkers, $404.25; pigs, *[email protected]; roughs, S3O 3.75. Sheep—Receipts. 300; market, active, 25c higher; lambs, good to choice. [email protected]; good grade higher, other grades lower: lambs, medium. 90 lbs., down, $5.5006.25; lambs, medium, 91 lbs., up, $4.500 5; wethers primes, $2,500 2.60; sheep, wethers, fair to good, $1,750: 2.25: sheep, ewes, medium to choice, $1 @1.50. Calves—Receipts, 100; market, active, higher; choice veaiers, $6.25; vealers, good, $5.75@6; medium, $4.75@ 5.25; heavy and thin, [email protected]. EAST BUFFALO July 7.—Hogs—Receipts. 1,400; active to all interests, mostly higher; desirable 170 to 260 lbs., 85.15; under 160 lbs., $4.50 down; slaughter pigs, $3.75@4. Cattle—Receipts, 75; quality of butcher grades common and plain; very slow; no dry fed steers or heifers offered; fat cows slow; low grade cows and bulls active, steady to strong; cutter and low cutter cows. $1.5002.50; bulls, $3.25@3 50. Calves—Receipts. 500; vealers active choice 25c to 50c higher; bulk good to choice, $6.50; medium, $5.5056.50; eulls largely $5 at low. Sheep—Receipts, 500; active, sharply higher on lambs, prices advancing 50c to 75c; top ewes and wethers up to $8.75; bulk with bucks included selling with medium sorts from SB.IO down; sheep steady, mostly $2.50. CHICAGO. July 7.—Hogs—Receipts. 19,000 including 9.000 direct; active, s@loc higher than Thursday; 200-300 lbs., $4.60® 4.70; top. $4.75; heavier weights down to S4 40 and below; 140-190 lbs.. $3.75 0 4.65; pigs. [email protected]; most packing sows. $3.65® 4.15; light lights. 140-160 lbs., good and choice, $3.65 @ 4 40; light weight. 160-200 lbs., good and choice. $4.25®4.70; medium weights, 200-250 lbs., good and choice. $4.60 @4. .5; heavy weights, 250-350 lbs., good and choice. $4.40®4.75; packing sows. 275550 lbs., medium and good, $3.50®4.75: slaughter pigs, 100-130 lbs., good and choice, S3O 3 65. Caule—Receipts, 1.500; calves—Receipts, 700; strong trade on all killing classes: comparatively little beef in run: clearance good: most fed steers. $5 06 50 with 1.258 lbs., averages around $6.70; grassv and short fed kinds. $4.75 down to 53.50; stockers very active and I scarce; most grassy fat cows, $2.75®3.1j; I bulls firm, active, offerings up ;o $3.70: vealers. *5.50® 6 50: slaughter cattle and ! vealers; steers. 550-900 lbs., good and choice. $5 25® 7; 900-1.100 lbs., good and I choice. $5.2507; 1.100-1,300 lbs., good and choice. $5 2507: 1 300 1.500 lbs., good and j choice, $5 400 7 ; 550-1 300 lbs common . and medium. [email protected]: heifers. SSO-750 lbs.. ; good and choice. *4.75@6; common and ! medium. $2.75 05: cows good. $304.25; | common and medium, $2.5003; low cutter i and cutter. *1.5002.50; bulls (yearling exI eluded) good .beef., *3 50 04; cutter comI mon and medium, *2 5003.75; vealers, i good and choice. *5.5006.75; medium. | $4.5005.50; cul and common. *[email protected]; stocker and feeder cattle: Steers, 5001.050 lbs., good and choice. *4.5006; common and medium, $3 0 4 50. Sheep—Receipts. 6.000: exceedingly active, iambs, largely 25c higher than Thursday’s close; j slightly sorted natives. *8®8.25: choice I lots. *8 50; rangers absent; yearlings and sheep little changed: most dry fed yearlings. *6 50: sheep and iambs 90 lbs. down, good and choice. *7.75 0 8.50: common and medium. *5.250 7.75; ] ewes. 90-150 lbs., good and choice. $1 250 j 2.55: all weights common and medium. : $101.75. FT WAYNE. Julv 7.—Hogs—Market 10 ; ® 15c up 250-350 lbs. $4 75 200-250 ibs . i $4.60: 170-200 ibs.. $4 50; 150-170 lbs.. $4 25: 140-150 lbs *3 85; 130-140 lbs., *3 50: 100130 lbs., $3.25 roughs. *3.50; stags, $2.25; i calves. *5 50; lamb*. *7. Cattle—Steady: j steer*, good and choice, SSO 5.50’ steers. 1 gpod and choice grassers, $303.50; medium to good grassers. s3@3 56; heifers fed. good to choice, *4.50®5; grass heifers, good and choice. *4B 4 25; medium and I good. $304; common and medium. s3@ i 1.50; cows, good and choice. $2.5003- meI dium and good. s2® 2.50; cutters, fI.7S®2; Icaners. *l® 150: hulls, good and choice, $303 25; medium and good, $2.5003: -butchers, good and light. *3Q3.50,

—Today and Tomorrow The Decision to Limit Debate to Certain Subjects at London Is a Skillful Move. BT WALTER LIPPMANN

LONDON. July 8. —The decision is not to adjourn the London economic conference, but to consider what discussions of what subjects it is necessary to adjourn. Thus the conference as a thing in itself remains in being. But the matters with which it is to deal are to be limited or postponed as seems necessary under further examination. It is a skillful diplomatic arrangement which may achieve the effect of a recess

without entailing the political consequences of recognizing that there is a recess. The conference goes on u'ith the intention of finding out how it can go on. Ii its next phase it will not make decisions as to policies, but decisions as to what policies it can discuss. It will seek to find out what subjects it can explore. given the fact that the United States will not now’ make commitments on monetary policy and that the gold countries will not participate in debates on money and on tariffs and other restrictions which are closely related to money. The old conference will, therefore, endeavor to provide itself with anew agenda. Whether this can be done nobody knows. But the majority have preferred to hang together and see what can be done. This particular way of confronting the essential deadlock does not, of course, resolve

the deadlock. Nevertheless the outcome may prove to be quite significant.

tt a a THE gold countries have become observers. The United States, the sterling bloc., and the silver countries become the active participants in tne discussion. It appears that within the sterling bloc the dominions and the Scandinavian countries have succeeded in persuading the British government, which already w r as half-persuaded, to move very much nearer the United States and considerably away from the gold bloc. This new alignment is a measure of the inherent strength of the American position. In spite of everything that has happened here in London, and in spite of all the episodes as between London and Washington, the example of the Roosevelt program and the energizing force ot the American recovery steadily have been drawing the greater part of the world in the direction we have taken. In the test, the w'orld outside of continental Europe, has preferred to associate itself with the forward movement which has its center and its source in the President. a a u THIS was almost certain to happen regardless of the work of the conference itself. Time and the logic of events are in its favor and it is not what we propose, but what we illustrate by our action at home, that matters. The net result of the conference thus far has been to impress the minds of men with the hope that the American experiment will succeed, and because of that hope, they will forgive much and will not dissociate themselves from us. More and more skeptics have become convinced that the depression can be overcome by deliberate national action in each country. The likelihood of “international” decisions on important questions is no greater than it was. But such decisions never were likely nor very necessary at this stage. The likelihood of parallel action in a larger number of countries is considerably greater, though no one should underestimate the strength of the forces opposing it. By not adjourning formally, but by adjourning the topics that can not now be dealt with internationally, the force of the American example will continue to operate upon the imagination of the peoples and the governments. (Copyright. 1933) Births Boys William and Mary Rednour. 1926 Madison. Girls Frank and MaybeTle Turley. Methodist hospital. Jessie and Frances Pitts. Methodist hospital. Cornelius and Lillian Packard, Methodist hospital. Cecil and Mary Funkhouser, 569 North Belmont. Oscar and Eva Campbell. 1715 Dawson. Beryl and Loraine Hill, 2045 East Fortysixth. Deaths Vady Lorine Moore, 28, 1438 West Twenty-third, anemia. James V. Perry, 51. Methodist hospital, lobar pneumonia. Stella Wilson 52, 1132 Lexington, chronic myocarditis. ' Jess Sanders, 64, city hospital, chronic myocarditis. Andrew P. Wiltshire, 74, city hospital, acute cholecystitis. Georgia Gregory, 36, city hospital, acute myocarditis. Frank Boyd, 25 city hosiptal. myelitis. Phillip Franklin, 34, Negro, 2445 North Arsenal avenue, was arrested Thursday charged with petty larceny and Claudius Blakemore, 31, Negro, of 1501 East Twenty-fifth street, charged with receiving stolen goods. Both are alleged to have been implicated in a series of gasoline thefts from the Indiana Asphalt Company, 2815 Columbia avenue.

HORIZONTAL, ANSWER TO PREVIOUS PUZZLE 8 Small shield. * tie e-l W*l 1 picture. TjROUTMMQOMADQRNI ** •■• ‘VhTmaTIV/be tS * picture. N|E11 Handsome TMHjtrl 20 Cabin, evergreen tree. rkirviz-rN 22 A sc. 12 Delicately col- ROA 5 T ENRICO LATH El 24 Harem. ored Jewels. e=i A ImIO; A T I D C |CJ 25 Unclose*. 14 Fruit of the ln!c-Vv PADI |CP| 1-1 ■ . 27 An assembly. pine. JP E S;T CAkUbU A'L 'AiRI 28 Sexual. 10 Paradise. DTBCBbDI 30 Donlte y-lH<e’ 17 Blackbird. x.-mm—s beast. 15 Russian O,L | I DMOP'E. R AMS, I N|E 3D Proclaims, mountains. D I 10 Northeast. 20 To cut. EjR A S,t, l TBF [A;TITIY man in the pie23USa. ■ 24 Old French 41 Minor note* 17. S. does the >i 7 FmUiiurr' coin. 42 To bark thrillr* man in the pie- 21 „on 20 Tatter. ** 'ureoceupyt 41 Legal rule. 20 Expert. lightly. 00 Quaking. 43 To instigate. 31 Species of 47 Provided. VERTICAL/ 44 Game played lizard. 40 In a line. I Green stone on horseback* . h * ,ped - MWI?. I ®-!'. highly prised 45 Vigor. 'jfV ° H,& M?*i.te7 ■ China. 40 Toward sei. 36 Scrutinises. 50 Mlated. 2 Reverence. 4S Tree 38 Cost. 37 To run -way $ Mai" 50 NatT;. metal. 3# To speak and marry. 4 Any. 51 Tumor. fnlterlngly. 58 Three-banded 5 Vehicle. 53 Drone. 40 All, distrlbu- armadillo. OBnlglng pot. 54 Chart, lively. 50 What office in 7 Consumer. 55 Monkey. 11 "" ST" 3™ ™™ 4™ ‘T™fcr™7™ , "“ 15™9“!0" , | u ~ ' 1 S H® dS jp 49 50 51 55 54 55 ‘T 8 ! I H I Trrn tc

sci ' V .!■

U. S, BLANKETED WITH HUM OF TRADEREVIVAL Increased Wages, Employment Reported in Ail Sections. By United Press NEW YORK, July B.—The depression is definitely over and the country is well on its way to “one of the greatest periods of stabilized prosperity” in its history, the New York Board of Trade declared Friday in announcing the results of a nationwide survey which showed a decided business improvement in recent months. Employment has Increased; wages have been raised; industrial concerns have found their orders increasing; carloa dings, department store sales, and building activity have gained; bank debits, post office receipts, transportation, and power consumption have shown an upward trend, the survey showed. A few sections sent word that they have not yet shared to a marked extent in general recovery. These included Maine and Michigan, where closed banks hindered business, and small sections of Kansas and South Dakota, where excessive hot weather, drought, and grasshoppers had taken a heavy crop toll. Chicago Reports Gains By United Press CHICAGO, July B,—The depression is being talked of in the past tense in Chicago. Business has zipped forward. ‘Help Wanted” signs are reappearing in store windows. Dollar wheat is a reality. Prices are swinging upward. Each day brings new announcements of wage increases. The county clerk's office reported marriages were increasing. It issued 175 permits in one day. Wholesale dealers reported advanced orders 50 per cent increased over the corresponding period of last year. Steel production in the Chicago area jumped 5 per cent last week to 55 per cent of capacity. Marriage Licenses Cortland W. Davis. 28. R. R. 2. Box 544. laborer, and Marie Elsie Stone, 27, of 1314 North Parker avenue, housework. Marion F. Timson. 25, Caledonia, 0., embalmer, and Sarah Leona VanAtta. 25c, of 807 Coffey street, housework. Harry Effineer. 54, 706 Eugene street, machinist, and Lena Youell. 55, 210 East Thirty-third street, saleswoman. Adrian Lester LaFollette, 28. Ambassador hotel, promotion manager, and Clara Mae Kirtley. 23, 202 West Hampton drive, housework. Ora Hollingsworth, 57, of 957 West Thirtieth street, retired soldier, and Minnie Clark Krist, 35, of 1161 West Twenty-eighth street, saleswoman. Everett B. Smith, 47, of 1437 Lee street, railroad man, and Neoma Bernhard. 35. of 1858 West Morris street, clerk. Gerald Ware, 26. of 6220 Broadway, clerk, and Ruth Thompson, 18, of 1211 Hamilton avenue, housework. Russell De Moss. 27, Indianapolis, laborer. and Dorothy Brummett, 16, of 2519 Adams street, housework. Russell Souder, 21. of 1705 East Minnesota street, dairyman, and Mary Alice Jones. 18, of 213 North Gray street, beauty operator. Glenn Martindale. 21, Doans, Ind., contractor. and Ruth Asdell. 19. Newberry, Ind., housework. Frank N. Linder, 52. 1434 East Tenth street, grocer, and Nellie F. Rice, 44, 1240 Broadway, housekeeper. Joseph Parker, 21, 1223 East Sixteenth street, truck driver, and Eda Llaynon Hoeltke, 17. 1258 Roosevelt avenue, housework. Delbert Ray Shearer. 22. Indianapolis, insecticide compounder, and Alice Louise Read. 18. R. R. 11, Box 25, clerk.

GRAIN FUTURES WEAKEN AFTER EARLY UPSWING Heavy Profit-Taking Takes Toll of Highs Set at Opening. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, July B.—All deliveries of wheat sold above the dollar mark on the Board of Trade Friday, set- * ting new highs for the year. Corn also set new highs on the sensational advance to above $4.70 for sterling and on the strength in" stocks. Later, however, all pits were inundated with a gigantic wave of, profit-taking and while the two major cereals gave ground slowly, the close was around the bottom for net losses. At the peak wheat was 13 and corn 14 cents over last week's lows, this weakening the technical position and bringing in selling. The forecast for rains dampened bullish enthusiasm. Washington was being closely watched for possible developments. Close Is Lower At the close wheat was % to I%' cents lower, corn 1% to 2* cents, lower, oats \ to 1* cents lower, . barley 1% cents lower. Provisions were firm. In a wild opening all deliveries of wheat set new highs for the year. The sharp rise in sterling and coincident drop in the American dollar stimulated the upturn while the strength in stocks and corn aided the market in offsetting profit-taking. Rains in the spring wheat belt were ignored early. Trading was in enormous volume. Liverpool closed 4 to 4% cents, higher. Cash prices were 1 cent? higher. Receipts were 18 cars. Gains Wiped Out Corn advanced more than 2 cents - to new highs for the year, but the tidal wave of profit-taking wiped out all but % to % cent of the gains at mid-morning. The buying pressure was so great during the first hour that at times different prices were being quoted in various sections of the pit. Bookings were 200.000 bushels early. Cash prices were % cent higher. Receipts were * 248 cars. Oats followed the other grains, - but could not withstand the terrific ’ selling pressure and reacted to % to Vi cent under the previous close early. Rye was unevenly % to 2Vi ‘ cents higher at mid-morning, with July showing strength. Cash oats was % cent higher. Receipts were 38 cars. Chicago Primary Receipts —July 7 Wheat 1,377,000 Corn 1,856,00a:, Oats 537,000 Chicago Futures Range —July 7 WHEAT— Prev. Open. High Low. Close, close. Julv 99* I 00* ,96% 96% 98 * Sept ...... 1.02* 1 03* .99% 99% 1.00% Dec 105 1.05* 1,02 1 02* 1 03'/* May 1.09 I.lo* 1.06% 1.06* 1.07*"“ CORN— • Julv 62'i 63 60 . 60 .61%“ Sept 66* .67% 63* .63* .65%. Dec 69% .71* .68 .68% .70* May 76* .76* .73% .73% .75* OATS— Julv 46% .46% .45% .45* .46% Sept 46 48* .46% .46% .47%“ Dec 50 .50% .48% .48% .49% May 54% .54% .52 .52 .53% RYE— Julv 79 .79* .76% .76* .76* Sept 82 .82* .80 .80 .80%.. Dec . 86% .86* .84* .84*. .86 BARLEY— July 58 .58 .55% .55% Sept 61 .61 .58 % .58 % ,59 5 / Dec 64 64 .62% .62% .63% LARD— July 700 700 6.97 6.97 6.75 Sept 720 737 7.20 7.27 705 Oct 7.37 7.50 7.35 7.40 7.20 Nov 7,50 7 Dec 7.50 770 7.50 7.60 737 Jan 8.10 820 8.05 8.05 690 BELLIES— July 750 755 7.50 755 7.45 Sept 7.97 802 795 8.02 795 Oct 820 8.22 8.20 8.22 8.17 -* CHICAGO CASH GRAIN’ By United Press CHICAGO, July 7.—Cash grain close: "Wheat—No. 2 mixed new. 98*v. No. 3 hard old weevily, 99c: No. 1 hard new, $1.00*; No. 2 hard new 99%c; No. 3 hard’ new 99c; No. 1 dark hard new, $1.01%. Corn—No. 2 mixed, 59 * 0 60c; No 5 mixed 52c; No. 6 mixed. 50c; No 1 yellow, 61%>0 62c; No. 2 yellow, 600 62c. No. 3 yellow, 59%060c; No, 4 yellow, 58%c, No. 5 yellow. 56c: No. 6 vellow, 48@51%c: No. 1 white. 60%@61 %c; No. 3 white, 59% ® _ 60c: No. 6 white. 47* 0 48c; sample grade 330 36c. Oats—No. 2 white, 45*®46c; No'.. 3 white, 44® 45%c: No. 4 white, 45c Rye —No. 2. 78c Barley—s2®76c. Timothy—s3.3s® 3.65. Clover—sß®ll. ST. LOUISy CASH GRAIN By United Press ST LOUIS. July 7.—Cash grain—Wheat —ln good demand, % to 2*c lower; No. 1 red, 9l*[email protected]%: No 2 red, 97*®. . $1.01; No. 3 red, sl®Sl 00%; No. 2 redgarlicky. 94*c; heavy. No 2 red garlicky - 99c light; No. 3 red garlicky, 96c heavy: jNo 4 red garlicky 94c heavy cockle, hard wheat steady to l*c lower. No. 1 hard. ! 99%c®51.01% smutty; No 3 hard, $1 00%;' No 1 dark hard, 99*® $1.01%: No. i mixed, $1.01% hard: No. 2 mixed, $1 soft* Corn—ln slow demand, unchanged, to %c----higher; No 4 mixed 57%c; No. 2 yellow59*®81c; No. 4 yellow. 57%c. No. 6 yellow 56c: No. 1 white 62 *c: No 2 white 62 62*c. Oats—ln fair demand. %c lower: No. 2 white. 47c. TOLEDO CASH GRAIN By United Press TOLEDO, July 7—Cash grain close: Grain in elevators, transit bullng: Wheat —No. 2 red, 99%®5100%; No. 1 red. I cent premium. Corn—No 2 yellow. 63® 64c. Oats—No. 2 white, 48®4Sc. Rye—No. 2,78079 c. Track prices: Wheat-—No. t’ red. 98®97%c; No. 2 red 95®96c. Corn — No 2 yellow, 59®59%c; No 3 yellow. 58® 58%c. Oats—No. 2 white. 45046 c; No. > white. 44%®45%c. Toledo seed close: Clover—Cash. $7.75; October, SBB. Alsike, —Cash, $7.75; August. SBB.

Lippmann

Indianapolis Cash Grain

—July 7 The bids for car lots of grain at the cal! of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41 'i New York rate. were. Wheat—Steady; No. I red, 90f/91c: No. 2 red, 89590 c; No 2 hard. 89*090c/ Corn—Weak; No. 2 white, 32 : 2^/53 1 2C; No. 3 white. 51 1 2 'n 52' 2 c: No. 2 yellow, 51tf2c. No 3 yellow, 50#51c; No 2 mixed No. 3 mixed. 49ft50c. Oats—Weak: No 2 white 42t43c; No. 2 white. 41 ft42c. Hay—Steady. tF. o. b. country points taking 23>2C or less rates to Cincinnati or Louisville; Timothy—No. 1, 55.50&6; No 2 tlmothv. ssfj.s 50. —lnspections Wheat—No. 2 red. 7 cars No. 3 red. t car; No. 5 red. I car; No. 1 hard. 3 cars; A No. 2 hard. 1 car; No 1 mixed, 2 cars; - No. 2 mixed, 5 cars Total 20 cars. Conv—No 2 white. 4 cars; No. 3 white. 3 cars; No. 4 white. 1 car; No. 8 white. 1 car; No. 2 yellow, 9 cars; No. 3 yellow. 5 cars; No. 4 yellow. 6 cars; No. 5 yellow, 2 cars:. No. 8 yellow. 1 car. Total. 32 cars. Oat* —No i white 5 cars No 3 white. 9 ear*i No. 4 white 2 cars Total. 16 car*. INDIANAPOLIS WAGON WHEAT Cltv grain elevators are paying 86 cent* for No. 2 soft red wheat. Other grades oa their merits NEW YORK COFFEE FUTURES —July 7 -< RtO _ ’ High. Low. Close. March 6 15 6.01 SitMay 6.14 6.02 6-IJJ September 6 00 5.99 5 December 6.10 6.00 6 PV SANTOS , January >loye, March 8 22 8 07 May 8 15 8 05 July 8.30 8.2 September 8 25 8.1 December 8.20 •

PAGE 9