Indianapolis Times, Volume 45, Number 62, Indianapolis, Marion County, 22 July 1933 Edition 02 — Page 9

DTTJLY 22, 1933

Wall Street The Street’s Authorities Believe Break in Wet Stocks Will Help Cause of General Market. BY RALPH lIENDERSHOT Tint** Special financial Wrier

Wha? will happen In the stock and commodity markets when the present wave of selling ends? That is the question being asked mo6t frequently in Wall Street now. The question is one for psychologists rather than bankers or brokers, but those in the Street best qualified to Judge believe that the market will reflect a safer and saner public attitude, at least for a time. They argue that gambling has become too prevalent and that the market will be better off with that element eliminated to some

extent. Fundamentally—So far as It Ls possible to Judge fundamentals at this time —business conditions warrant a feeling of optimism at the present time, most authorities agree. Trade returns have been much more favorable than had been anticipated, and there have been no signs of a recession, although the automobile industry is reported to be taking it a little easier. a a a Wet Stock Advance Too Rapid That the market operators in the liquor stocks had been setting much too fast a pace was more or If vs self-evident, and it was obvious that it could not la t. The bankers were more or less responsible for putting the skids under that movement, however, by raising margin requirements. Now that the bubble has burst, there would appear to be no sound reason why the general market can not go on in its

w ■r v %

Ralph Hendcrahot

usual way. discounting events as they develop and attempting to discount other events in advance. It should be borne in mind that underlying conditions are different toda'. than they we e in 1929. At that time we were past the crest of a business boom. Today we have just nicely got started on a recovery following a severe depression. While there Is no certainty that it will continue, the chances would appear to be very good that It will. If the betterment continues, as is expected, corporation earnings undoubtedly will ty larger and their stocks naturally will be worth more. a a a l iquidation Well Planned No better time could have been selected for which to pull the plug on the liquor stocks. Two important southern “dry" states had Just turned in wet victories, winch was taken to indicate that repeal of the eighteenth amendment is a certainty. The buying orders at the opening were large, providing a cushion for the inside selling which took place. But speculators were not slow on the trigger, however, for they immediately threw their stocks overboard, irrespective of price. It is extremely doubtful that the pool operators in those shares were “stuck" with much stock. They apparently made no attempt to support prices on the way down and probably helped the cause along with short sales. Their profits on their operations undoubtedly arp tremendous. From all indications, the public, as is usually the case, was left holding the bag.

New York Stocks 1 1 " <Bv Abbott. Hoppln Sc Co.i ““

—Julv 22 - Prev Oil*— High 1-OW. Close Close Amerad* 30 27 30 31 4 Atl Htg 22® 21 > 22’, 21 , Barnsdall .... 7Va 6'a .‘j 7 * Consol Oil 10‘, 9 1 , 9 , 10 • Cont of Del 14'j 12‘, 14 14 Houston inewi . 4‘, 3 s , 4 4 Houston -old. .... ... ■■ s* l Indian Rig - * Mid Cont Pet 10 * 10 a }o’ H Ohio Oil . 12', 11.• 11* • Pei Corp 10 9 • 9 , JO Phillips Pet .12 11 11 l?’, Pure Oil .8® 7 . 7 7 Roval Dutch . . •■ 32’, 34 Sou Oil 20 w 20 , 2<U, 23 Shell Union '* i. i.* Simms Pet i® 2,* Skellev Oil 6', 6 8 / Sor Vac 11 l** 1 * *2 J 8O of Cal 33 1 a 32 33 3 8O ot Kan . ■ • ■ S, 2 SO ot N J 34H 3333 H 33 h Bun Oil • • Texas Corp 21 JO 21 *• * . Tidewater Assn . • - *?i Un Oil ol Cal .. 18H 1* 11 2 Arn t, KoV Mills . 17'. 18'. 16S 18 K"th Steel . 34', 31 32 a 33 B'.ers A M 28* 24‘j 28 , 2J , Cos! Fuel k Iron. 9' . . 8 * Cruc Steel S’ a ,7 * Gulf Sts Steel . .. ■” Ludlum Steel .13 11 13 1° W.. T,n Vatfa-fr 1 .: :S;s S ; . Midland .. ■■■■ *, .2/ ,4,ISlSl* y U S Steel p(d. .. 95 94|, 95 84 Youngst nSftT 2) $ 21 , 2. j AVrhitxm 81 1 * “ SBl ‘ “ At'Us. Un*...... 2fi - 22 , 4 ' 35 , 4 2V , Can Pac I s ’* 1 4 ‘ 3 ,5 ’ ~ * Ch * Ohio . . . . $1 39 4040 Chi ft Ot W ... •• • 2 " CM& It P pfd 12’1 IOW 12 Cht N W 9’* i * Chi R Isl b 9 ‘ * Hud .;;; i 9 *ii 'is •: Ort Northern ptd 25 1 , 24 24 24 , 111 Central 40>, 35 , 3? a 36 K C Sou .... 1 1< * 1‘ * gj M ni K*ft N r h ::: ij, ’•; Mo Par pfd . 9 . 6 a 7 a N Y rent 41‘a 36’, 39, 38* N Y Chi &St LI. 14 , 1* • 1* J NYCA-St Lpf 25 22 22 , -1 N Y New Haven 26 22 24 2. , N Y Ont A- Wes B'a J * * 2 Norfolk * Wes 150 146 146 155 Nor Par ... M 1 =3 26 Penn R R • 33'a 29 33 a 2. Reading ?? i I'fcif'* • Jti 4 21 —4 a 2. Bou R R - 23;'. 20ja 23’. 29’. Union Pacific U3’a 110 z H* * * .V. n': £ W* Sen' s Motors .' %>, Hudson' M ° l ij, ’ Mock Truck 33-: 32 ’ 32-. 32;. Nash .. 1 l‘ u ‘Ju Parkarfl J a \ * J,' Reo N . 4 3’. 4 3 a Studebak.r S’* J, 7.. Yellow TTiick 4-a * * 4 * Motor Acre,, ... B"i)d:x •I* IJ- a 14 . ‘’ .* Bohn Alum 3. a 34 , 34 . i Borg Warner... 14>a 13 13 *

Prises 5!! Bund Wive! 3’ 3H 3 .?,* Baton Mf* , }1 }l. U * Eler Auto Lite 18 Is * 's** , Houd Hershev 3 s * 2 ' 2*. Mullins Ml; ... • . 2 * V Murrav F<xl' $. * J, x 71* Stow Warner. • * • n ;, 4 ,4 * Timken Rol. . 24’. 23'. 24’. 33 Minin*— ~ Alaska •>" 2} * 2J, 3 ”i, 31 1 ,; ?•;. !; T<: Crlro <V 'Pttro 23 2* 2SW Oranbv .?,* ~ n m, SU7£ r .k">n 230 - 200 230 Howe Sound . *V, *. . Ins Conner * T ‘ t'. Ini Nickel * *1 4 2j jg 1.1 Creek Co*! 23 -3 r * Kennecott Cop W*a y 2 J gt| Noranda U<T r® TANARUS.,, 2-,, 1S i Phelp* Dodge 14 13 . n • ** * PiMs Coal . J T®h*ff** — 4*^ Am Sum* Tob 15’. 13 IV, l| g '• *i?t Pr*\ C Mv r er. B- 90 88 \ *' Unilard 20S 19'. 1 . ® 3 ‘ Reynolds Tob B' 45’. 44 45’. 44 jrttzxz; i: i5 is*. io’. : S'* 1 . j? |i Am Mach V Fdv IS * 13*. ]'• }* 3 S m '*t\ Fdv lb** !**• 12BW Loco 19 j?*' t ® * }s,* Burroughs BN JJ • ** • Tract }*' }*** }?,* Cos Sate Palm Pt 15’. .3 . 15 15 a Congoluem 19 1. UJ c i Elec Star Bat 41 a 39’. 39’. 42 Fo'tor Wheoior 12 • 1- 1- ♦ 1* a Oen Am Tk Car 34 Gen Flee 24 21 . 22’. 23'. C.er. R R Sis . 32 •* 3.Ingo! Hand 5. s3 33 55 a lilt Bus Mach 134 133 139 139 If Harvester 32’. 30'- 31’. 30 * Kelvtnator *5. NaM Cash Re* 19’. 14’.- 15'. 18 Proc A- Gamble 41’ 39‘. 41 38’a Pullman Inc... 45’a 43 3. 44’. 43 Sttr.mon* Bed 21 18’: 18'a 20 Und Eli it 27 24 24 28 Wet Air B ..24*4 21 22 a .3’. Westingh Elec 41'. 39 39’. 4tV. Worthington P 22’ a 20 20 25’. I ttlillr.— Am c For Pwr . 10", 9’. 10'. 10*. Am P>’*er * Lit 12*. 10 !!'. 12 1 a A T Ac T 119*. 115>. lIS’. 120 Am Wat Wk> 32 Brook Un Gas T9’a 79’a Cos! Gas * Flee . 19*. 18 18*. IS’. Col G * F pfd. 81 81 Com A* Sou 3S 3‘. 3*. 3 Conaol Gas 52’. 50'. 52’ 52 Bee Pwr Sc Lit . 9*. 8 B'. 9’a E P * L pfd 16 14 16 18 Int TAT 13*. 12’. 13 12V, Lou O St E <A . . 19 19'. Na- Par A- Lit 14‘; IS'. 13'. 14>; North Amer 28 34’; 25', 25 : . Par O A- El 2 25 25 27 Pub Serv N J 45*. 44 45 45’. So C 1 Edison 22'; 21 w 22 22 S'd Gas 13'. 10 13’, 15* s-c. Gat pfd .. 15'a 14*. 14*. 15 Caned Corp... 9’, B*. 9 B’. Cn Oas Imp ... 20'; 19*. 20 20 Ut P r A L 'A ‘ 5 4 4’. 5 We.tern Union . 58'* Si’s 56'; 55 Rubbers—firctone 11 20 20 20', tfc .odrjeh IJ' 10', 12 12'j O idyear 34 31V, 31*. 32’a •M # Rubber ... 15‘s 13* 14’, I4w V' Rub pfd.. 38'. 24 28’. 30 5prg........ I** av J‘* Pi

Amusement*— Croslev Radio .. 7'a 7-4 7- 7’i> Fox Film 2% 2’, 2’, 3 Loews Inc 22 20*. 2l'a 23 Radio Corp 7 6 : j 7 7>4 RKO 3 2-a 2 l i 2> Warner Bros. ... 5 4 3 5 5 Foods— Am Sugar 58' 55 58-4 56 Armour .A' . 5 4% 5 5 Beatrice Cream 19', 18-, -.B’, 17-a Borden Proa . 32 30', 30* 2 31’s Cal Pack .24 23 23'a 23'z Can Drv O Ale . 24 31’, 24 21 Coca Cola 95 93’, 95 96 Cont Bnk 'A. .. 10 9t 9-4 8-z Corn Prod 76 74S 74’, 75‘z Crm of Wheat . . 28 23’, 27’, 27’, Gen Foods 34 33’, 33, 34 i Gold Dust 20’* 19-a 2019’. G W Sugar 30>, 28', 30 32-. Hershev 55 58 I lilt Salt 21’, Loose Wiles ... 36 35 j Natl Biscuit 53-a 52 53'a 49u Natl D Prjd 20H 19 19' 19 7 Puritv Bak 17-a 16 17 16 S Porto R Bug . 35 34-4 34'4 34 Std Brands . 24’, 22', 23'a 22’, united Fruit ... 54 51 53'a 53 Wriglev ... 47’* 47’. Kriail stores— Ass Drv Goods .... ... 12'*a 13'u Br-t .Y Cos 23'i 21'4 23', 23’. Olmbrl Bros . 4’a 4’% 4'j 4’, Gimbel j)fd .. ... 26', Gr Un Tea • ... 6 Hahn Dept Sts . S'Ks 4' 5 4’. Jewel Tea ...... .. 38'a Kresge S S 12 11’. 13 'a 11’, Kroger Groc . 27 25'a 26 26’, Macy R H . 50’, 50'. 50’ 53'a May Dept St . . . . 25 26 Mont Ward 20’, 19'. 20’, 20' 2 Penny J C 39’. 38 38’, 36'z Safeway St 51'z 48’, 5f 52 Sears Roebuck . 32'z 31', Sl'a 31 Wooiworth 42 42’, Aviation— Aviation Corp .. 9'z B'j 9'a 9', Douglass Air ... 13’* 11', 12', 11’, Curtiss Wright.. 2’, 2'z 2’ 2’, Curtiss Wr A. . .. ... 5 5 Nor Am Av . ... s’, s'j S'j s’, i United Ancraft. 34’, 28'z 30'a 30 Chemicals— Air Reduction .. 83', 81', 81 • 81’, Allied Chem .115 110', 113 115 Am Com Alcohol 34’, 30', 32'z 32 Col Carbon .... 50’ 46'z 47’, 51 Com Solvents .. 29'. 26’, 28’, 27', Dupont 69 62', 67' a 65 Freeport Tex 35'j 33'z 34 34’ Liquid Carb 27 24', 25’, 23 Math Alkali . 29’, 27’, 28’, 29’, Tex Gulf Sulpli. 27', 25’, 25’, 27 Union Unrblde 41'z 38’, 41 39 lu S Ind Alcohol 49 43'z 46'z 46 Nat Distil . 73’, 67 68 67 Drugs— Cotv Inc 4*, 4', Drug Inc . . 45'z 44’, Lambert 33 30 31 32 Lehn Sc Fink 19 18 18 20 Zomae Prod .... s'w 4', 5*4 s', Financial— Adams F.xp B’, 7’, 8’ B’, Alleghany Corp 4’, 4' 4’ 4 Chesa Corp .37 31 36' z 37 Trar.samenca . 7 6'z 6*. 7 Tr Coivl Corp . *, S’, S’, 6 Building—--3m Radiator . 14', 12', 13', 13', 1 Gen Asphalt. .. 16'z 15'z 16'z 17'j Int Ueiuent . 33 30', 3! ; z 31’, John Manvtlle 43 39 42’, 41 L:bbv Owens Gls 24’, 21’, 22’, 24 Otts Elev 17 16’, 16’ 16' Ulen Const. 2’, 2’, 2’, 3 Miscellaneous— Am Bank Note . 17', 17'z 17’, 22’a Amer Can 85'. 82 83’, 84'. Anchor Gap. . 22 19>z 19'z 20'z Brklvn Man Tr 30’z 29', 29', 32’, Conti Can SB'z 56’, 58’, 56', Eastman Kodak .70 65'z 67'z 70'z Owens Bottle 71 68', 70’, 70 Gillette 13' z 13 13', 12’, Glidden 14 12’z 13 12'. Gotham Silk.. 9’, 9’. 9', 9'. Indus Rayon 64 59 52 64% Inter Rapid Tr.. 6’, 5% 6 6% Real Silk Hose.. 10% 10 10 io

New York Curb 'Bv Abbott. Hopptn Sc Cos ) —July 22 „ Close close Alum Cos of Am 63 Irving Airchute 5 Am Bev 2>, int! Pc'ro! . 15’. Am CPrA" I B 4 Lake Shore M 40 Am Cyan R 11 I.one S'a r Gas . 9'. Am A- For Pr . 6’. Maunt Prod 4*. Am Os Ac E!.. 33 Natl Bellas Hess 3 Am Sup Pwr 4’, Nias Hud Pwr 10 Ark Nr. Pr IAI 2’. Parker Ratprf . 59 A'vo Oas A' I*a Pennroad 3’. Alias Ut Corp 12'. Pioneer Old M 11 SJ"5 J " Tr A- L' 13'. S: Regis Paper . 4*. Can Marconi .. 2'. Salt Creek Prod 6 Cent Sts ei 2', Sega! Lock Cities Serv 3’, Sid Oil of Ind . 29', Com Edison 6! r,rd Oil of Kv.. IS iU r K e. • Rl w 81Utr 14*. IVrbv Oil . 2 Translux . 2t„ P 5 ; 0 IS United Founders 2’. leT ? 8h T* " :n?<>d Cm* .. 4'. Ford of EtT s Un Lt Ac Pr A> s*. L■'•rd Mo Can 13 United Verd . 3’. M . i?I; Wr 6 ‘* Liberty Bonds !*:' t uitrrt /’res* rw RX t J “ v '* —Closing liberty fco..ds Decimals represent thirtv-seconds 1 Liber'v 3’;s t32-A7> 10 1 23 Ltbertv Ist 4’, 32-47 10124 Liberty 4th 4’.s ,33-38- 10230 Treasury 4'.5 47-52, 1101 Treasury 4 .44-54 . 106 9 Treasury 3’*s <46-56. 104 to Treasury 3Ss .43-47 10402 Treasury 3*.s -41-43- March 102 13 Tre.v irr 3’,s .40-43- June ... 102 15 Treasury 3'.s 46-49 100 12 Treasury 3s tsl-55- . 99 New York Bank Stocks -Bv Abbott Hoppin Ac Cos. 1 —Jalv 22 _ . Bid. Ask. Bankers 62’. 63 Central Hanover 138 140 Chase National .. 27’, 28', Chemical 35 35a, National Cttv 31 l , 31*. Corn Exchange 55 56' 2 Continental lj'i 141F;rst National 1.430 1.450 Guaranty 303 305 I; v:n 18* • 19’. Manhatten A- Cos . 2* 27'. Manufacturers iß*. New York Trust 93 94'i

Trade Halted Holiday of the Chicago Board of Trade and principal grain exchanges of the United States, in effect Friday, was continued today. Dealings in cash grain will go on as usual with only futures operations affected. The Winnipeg Canada • i;rp in futures exchange remains open.

3 HOURS DAILY TRADING LIMIT ! PUTONSTOCKS Curb Exchange Also to Curtail Dealing; In Effect Monday. (Continued From Page One) an dclosed at 2330 for a loss of 17 points. Trading began slowly as specialists were overwhelmed with vast amounts of orders which they bunched into giant blocks. In Friday's hectic session, many issues had been carried down in sheer inertia, bids lacking in many issues. These issues met heavy buying demand at the opening today. Grain Trading Suspended By l nitcd Perm CHICAGO, July 22.—Futures trading on the Chicago grain markets were suspended again today, the second successive day that inactivity has prevailed in the pits where wheat slumped 30 cents in Wednesday and Thursday's wild sessions. Lard and provisions futures markets also were closed. Trading continued as usual In cash grain and cotton. Speculate on Break Cause The market was to be opened only between 11:45 and noon, to permit traders holding privileges to exercise them. Other domestic markets, which followed Chicago Board of Trade ! directors Friday in ordering suspension after the unprecedented collapse of the previous two days, also closed today. They were at Kansas City Minneapolis, and Duluth. Winnipeg and Liverpool were to remain open. With the week-end of Inactivity, traders speculated as to cause of the greatest grain price break in the local board's history. Restrictions on Monday Almost to a man they agreed It could be traced to wild speculative efforts on the part of small dealers and public. They also spoke somewhat vaguely of “eastern interests’’ which previously had dealt only In the stock market, of entering the grain pits. When the market reopens Monday. ail grain prices will be under restrictions. Wheat and rye will be limited to a range of 8 cents from the previous close, corn and barley, j 5 cents, and oats to 4 cents. Winnipeg Prices Down By Vnitrd Prcm WINNIPEG. Man., July 22. Concentrated selling by American interests in an effort to dump long wheat holdings drove prices down as much as 6 cents on the grain , exchange here today, but there was a strong rally before the close. Net losses were 4\ to 4\ cents. Rye suffered a severe break, but finished 4 to s*j cents lower. Oats were unchanged to l l * cents lower, barley 1% to 3 3 i cents lower, while flax was 1 cent lower to 4% cents higher. Restrict Chicago Exchange By Vnitrd Prn> CHICAGO. July 22—The Chicago Stock Exchange today ordered a reduction in hours of trading from five to three hours in line with action by New York Exchange governors. Until further notice the Chicago Stock Exchange will open at 12 noon (Indianapolis time), and run until 2 p. m.

Avarage Stock Prices

Average of thirty industrials for Friday: High 93.69. low 84.45. last 88.71, off LM. Average ® twenty rails 50.89. 43.05. 44.82. off 4.74 Average of twentyutilities 33.73. 28.44. 30.30. off 2.62. Average of forty bonds 87.27. off .30. Average of ten first rails: 93.25. off .25 Average of ten second rails 75 24. of! 1.26. Average of ten utilities: 95.05. off At. Average of ten Industrials 87.94. off 1.25.

Bank Clearings

INDIANAPOLIS STATEMENT —July 22 Clearings *1.827.000 00 gfblts 4.259.000 00 Clearings for week 11.154.000 00 Debits for week 30.779.000.00 TREASURY STATEMENT —Julv 22 - Net balance for Julv 30. . *843.196.064 76 Int Rev. Rects Frldav . 3.674.851 03 Customs rects. month to date 14.394 799 13

In the Cotton Markets

—Julv 22 CHICAGO . High Low Close January 10.68 10.27 10.53 March in 81 10 38 10.68 May li 00 10.60 10.80 July 9.97 October 10.49 9.93 10.25 December 10 68 10.12 10 42 NEW YORK Jar.uarv io 78 10.14 10.66 March in.9o 10.30 10.83 Mav 11.17 10.50 10.93 Julv ... 10.03 9.70 10.03 October 10.47 9.80 10.20 December .. 10.67 10.03 10.51 NEW ORLEANS January 10.61 10.17 10.6! March 10 77 -.0.33 10.67 Mav 10.82 10.50 10.82 Julv 10.03 9.74 10.03 October 10.40 9.80 10.24 December 10.60 10.00 10.44

Daily Price Index

By ( nitrd /’res* NEW YORK. Julv 22.—Dun Ac Bradstreet's daily weighted price index ct thirty basic commodities, compiled for the United Press • 1930-1932 average. 100* Todav 104.41 Friday 104.46 Week ago 111.63 Month ago 93.89 Year ago 73.98 1933 high - Julv 18- 113.52 1930 low .Jan. 20- 67.86 tCopvncht. 1933. bv Dun Ac Bradstreet. Inc. < CHICAGO FRUIT MARKET By I'nitfd t’rfsi CHICAGO. Julv 22.—Fruit and evegtabie auoutions Apples bushel SI and 1.25: Transports bushel. 75c j sl. Raspberries—Mvrhiear. reds. 81.25'u 1.50: blacks. 90c 1 81.15. Cherries—Michigan sour. 811.29; sweet SI 25 t 150 Blueberies— Michigan $2 259 250 Canteloups—lndiana. $1 25 u 1 50: flats 75c Cauliflower—llltrois. 40 , 60c. Carrots—lllinois. 232’jc Beets—lliinots. 2c Lettuce-Westerns. 82 75 '-i3. Spinach—lllinois. 75cbl. Cucum-bers-Illinois. 30'<j 40c. Cabbage—llUnou. 81 25(1 1 50. Stung beans—lllinois and Michigan. Si-Si 1 50 Ce’.erv—Michigan 40 ■i 69c Corn—lliinots. 75 ? 90c Tomatoes — Illinois lugs $1 <0 1 25: flats. 75c ?*1 Onion market—California Yellows bushel. sll* 1.25 lowa Yellows—Bushel. 80'S 90c

Bright Spots

Bs United Press Continental Baking Corporation reports net profit for the 11 weeks 1 ended July 1 of $803,471, against 5762.568 in the like 1932 period. Associated Oil Company reports second quarter net profit of $443,395, against $85,691 in preceding quari ter.

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

The following quotations do not represent actual bid* or offerings. but mereiT :r,dirat* the approximate market level based on buvin* and selling inquiries or recent trar.MC.ion*. —July 22 STOCKS Bid. Ask Belt Rail * Stock Yards, com. 26 30 i Belt Rail A- Mock Yds pfd 6". 45 50 • Cent Ir.d Pwr pfd 1% 12 15 Citizens Gas com 1* H Citizens Gas Cos Did 5". 63 67 Home T dr T Ft Wavr.e pfd V* 3* *> Ind Ar Mich Elec Cos pfd T~-.. 69 *3 In Gen Service Cos old 6%.. 64 t>6 Ind Hvdro Elec Cos 7"< 27 30 Ir.dpls Gas Cos com . 40 44 Inpls Pwr * Li pfd t~ . ■ So Ind Pub Serv Cos pfd s's'* 35 39 Indpls Water Cos ofc JV... M 92 So Ir.d Pub Serv Cos pfd S'i'V 34 a 38;.’ Nn Ind Pub Serv Cos 6T- 35 % 39% No Ind Pub Serv Cos 7'- 40'a 44’a Public Serv Oo of Ind pfd 6'- . 14 1 ■ Public Serv Cos of Ind pfd 7% 34 3. South Ind Gas * El pfd S'o- 55 59 Terre Haute Elec pfd 6% 40 43 BONDS Belt R B * Stkvds 4s 1939.. 88. 92 Citizen* Gas Cos 5s 1942 83 a B.’a , Home T & W s’aS 1955 96 a 100'z Home T 4 T W h 1943 98 102 Indpls Gas Cos 5s 1952 5 *8 Indpls Rys Inc 5s 1987 28 31 Indpls Water Cos 4%s 1940... 99 102 Indpls Water Cos 5s 1960.... 93 97 Indpls Water Cos 5s 1970 ... 92 96 Indpls Water Cos 5%s 1953...100 103 Indpls Water Cos 3'aS 1954 100 103 Kokomo Wat Works 5s 1958... 75 <9 Lafayette Tel Cos 5s 1957 .... 83 8. ! Munete Water Works 5s 1939.. 90 94 I Richmond Water Works 1957 84 88“ I Terre Haute Water Wk 5s 1056 83 8. I Terre Haute Wa' W'k 6s 1949.. 93 97 ! Traction Terminal Cos 5s 1957.. 45 49 Other Livestock BY UNITED PRESS CHICAGO. Julv 22 Hobs— Receipt*. 8.000. Including 5.000 direct: steady to 10c lower than Friday’s average: hardlv enough on sale to make a market: good lots. 200-300 lbs.. $4.6064.70: top. 34.70: other weights scare: few pigs. $3.50 downward: desirable packing sows. 54U4.20. shippers took 100: estimated holdovers. 1.000. Cattle- Receipts. 1.000. Compared close dast week: Medium weight and weighty steers. 25t/Soc higher: light steers and long vearlings strong to 25c higher, yearling heifers weak to 25c lower: cows steady to 15c off. grass fat cows showing devluine, bulls. 25'..40c lower: vealers. : Sl® 1.25 higher: receipts larger than week, earlier: heavy steers got best price paid. | shippers most active influence competing for kinds scaling 1.200 lbs. up. but all grades and weights active on outside account. however. Few Stockers in crop. A dozen or so loads 1.240 to 1.450 lbs. best fed steers topped at $7.50: outstanding 967-lb. vearlings, $7.50. practical top. $7.25: 1.734-lb.. *6: bulk all weights. t5.504j7.2a: best yearling heifers. $6.40: vearlings $6.25; average price fat steers about *6.25 compared *7.70 corresponding week vear ago. Sheen--Receipts. 8.000: today’s market nominal. For week ending Friday. 91 doubles from feeding stations. 12.900 direct. Lambs and vearlings fully <sc higher: sheep strong to 25c higher; late bulk fat lambs. $8.25'./8.50. Including long string westerns unsorted at outside, week's top. $8.75 on rangers, also suggesting closing limit: native throwouts finishing around $4 65'./ 5 50. largely $5 upward: bulk week vearlings. $6% 6 25; feeding lambs, 56.?5: earlv but late sorting of range lambs mostly killers around $6.50: native ewes. 51.50®2.75. few 125lb. rangers offered. FT. WAYNE. Ind.. July 22.—Hogs—5c off: 250-300 lbs.. $4.85: 300-350 lbs.. $4.75; 200-250 lbs.. $4.75: 170-200 lbs.. $4.65; 150170 lbs.. *4.25; 140-150 lbs., $3.90; 130140 lbs.. $3.60: 100-130 lbs.. $3.20; roughs. $3.50 down: stags. $2.25 down. Calves— Receipts. 650: lambs. 725. Cattle—Steady: steers, good-choice. ss® 5.50: crass steers, good-choice. s3''/ 3.50; medium-good. $3 p 3.50: fed heifers, good-cliolce. $4 50'./ 5: grass heifers, good-choice. s4® 4.25; me-ium-good. $3’S4: common-medium. s3'./ 3.50: cows, good-choice. $2.50'/3: mediumgood. s2'?/2.50; cutters. *1.75</2: canners. $1451.50: bulls, good-choice. *3u3.25; me-dium-good. $2.50'u3. EAST BUFFALO. N. Y . July 22 —Hogs— Receipts. 500; active, steady, bulk 170 to 250 lbs., $5.10455 25; few good medium weighty 225 to 250 lbs.. $5 30; mostly $4.75 down on weights below 160. Cattle —Receipts, none; week's demand strong, market active sharply higher, mostly 25fj 50c up; week's top $7 25 on 950 to 975 lbs., long vearlings: bulk medium to good steers. s6® 6.75; common to good steers. $4 50® 5 50: yearling heifers. *645 6.25; cows steady to strong; good fat kinds. $3 50. few $3.75 ®4: cutter anc low cutter, *l.is®2 50; bulls strong to 25c higher; week's top. $3 75, mostly s3'<i 3 50. Calves—Receipts. 25. nominally steadv trade slow; good to choice. $6,504/7: medium. $6 <16.50. cull and I common. $4415.50. Sheep—Receipts. 400. slow, steady to slightly lower: week's top ewe and wethers lambs. $8.75; medium bucks $6 504/7.50: cull $6 down: sheep steadv. good to choice ewes mostly. $1.50® 2.50. HAST ST LOUIS 111 . Julv 22 Hogs— Receipt-s. 3 500. including 1.700 direct, nmrket. uneven: lighter weights steady to 10c above Friday's average; others steady to 5c lower; bulk 170-280 lbs.. $4 60 7 4 75: :small lots *4 80. 140-160 lbs.. $3,754/ 4.60; 100-130 lbs. $2 75® 3.50: sows. $3,654/3.85; market with week ago; uneven; steady to 10c higher; sows. s®lor lower. Cattle—Receipts. 250: calves. 150; sheep. 500. CINCINNATI. July 22.— Hogs—Receipts. 2 800 ; 870 direct and through: generally 10c lower on 180 lbs. up; top and bulk good to choice. 180-300 lbs.. $5; lighter weights. 15c off: most 170-180 lbs.. $4.60: 160-170 lbs . *4 35: 150-160 lbs.. 54.10; ISO--150 lbs.. 93.10413.85: packing sows steadv, *3 504/3.75 Cattle--Receipts. 450: calves. 50: nominal. Sheet>— Receipts. 475; nominal. By Timm Special LOUISVILLE. Julv 22—Cattle—Receipts. 75: Saturday's market nominal compared with week ago: better fd steers and heifers. strong to 25c higher: other classes mostly steadv. week's bulk common to medium steers and heifers S4'</ 4 75: better finished fed kinds. ss'./5.75. bulk beef cows. $2.3047 3: top $3.25: low cutters and cutter cows. $1 50 s 2 25: bulls mostly $3 25 down: plain Stockers $4 down Calves— Receipts. 500. Saturday's market steady: better grades. $4 504,5 50: latter for strictly choice handvweights: medium and lower grades. $4 down: compared close last week; market strong to 50c higher Hogs ReI ceipts. 400. market 10c lower 185-300 lbs . S4 85. 300 lbs UP. $4 45. 140-185 lbs.. S3 90; I 140 lbs. down. $2 20, sows. $3.35: stags j $2.40. market closing 5c higher than last ■ Saturday. Sheep Receipts. 1.500; Satur- ; day's markc: weak to 25c lower at sß® 8 25 for overnight and rail lambs; closing bulk 1 better truck lambs. $7.75: most bucks. $6.50 1 47 7; light Immature lambs. $4 50 down: fat I ewes $1472; stocker ewes mostly 86477.50 per head: iambs closing mostly 50c higher ihan week ago. most advance on both r ' grades with weight. Receipts Friday: Cattle. 91: calves. 318: hogs. 832. and sheep 2.948 Shipments Friday: Cattle. 2,. calves. 198: hogs. 254. and sheep. 1.891.

HORIZONTAL) Answer to Previous Puzzle 14 What are inI First name of |S ARA Hi l&E R N HAH DTI strumental man in the cWA b UTIIL; I'£ UHD 0 R compositions picture. P eMa M r i OMHE 'SSBPiO sor K an entire 5 Last name of £ L Ufel I TIfPOOPMU man in the E QITTMT E ALfe L E E'P picture. NE 11 Bird. P't AJS - C T.R.E'S-Sr, also a 12 Corded rloth. rnBR. i : S E T [AUROUS (p) 13 Regions. RaIQ I G L'BBn'ET K And also a 15 One. P FsSMn'A n 'l l musical *. 16 Felt solicitude. NE . aSbT BBQRMSR UCoRbR ,pl ) IS Rough-haired CLIECfME rodent. H'UL* 1 OS: I SI gWom'E S 22 IVr,k----19 To wager. 1 ' 2.i Carved gem. 20 Folding bed. 4 \ J? ? 27 Buffalo. 21 Egg of a louse. 4 " ri4l f‘ . 59 Puddlei *- 29 Beret. 23 Remarks 49 Pab >’ 10 " Rnd - VERTICAL 3l Mountain (abbr.) 4 ® English com. j Marißold pass. 24 Neuter pro- 4 ; erP ' . 2 Death notice. 35 Stir noun. 4 T .° bind - 3To perch. 37 To be indebted 25 Eccentric 49 £ ot a " y> 4 Half an em. 39 Company, wheel. 51 Spread of 5 p ronoun 42 Evergreen 26 To steal. arches. 6 To unclose. trees. 2S Spanish. 53 Glasses In op- 7 Mother. 44 Person 29 Soft-finned tical instru- s Part G s a opposed, fish. ment. circle. 46 Monkeys. 30 Poem. 54 Attar. 9 Close. 47 Cuckoo. 32 Humbug. 56 Silkworm. 10 Parts of 4S To relate. 33 Song for one. 57 The man in churches. 50 Greek letter. 34 Vegetables. the picture is 11 Teacher of the 52 Work of skilL 36 Instrument a in man in the 53 Card game. 38 And. nationality? picture. 55 Upon/ 40 Poem. 5S He is a world 12 Rodent. 57 Italian river. TT-^T"" - IsT - ” 7 'e 9 II 2 ~ 4" __ to & ,7 535515 T~~r~:rTti| IT 27 jjjpj 28 ** S if * ~ HI 44 H 5 50 | -'-2 52 L tz

PORKERS END WEEK'S TRADE I WIIHJECLINE Cattle Show Higher Trend During Period: Sheep Steady. Prices were 5 cents lower for the most part for hogs at the city yards this morning. The bulk. 160 to 300 pounds, sold for $4 70 to $4.85. prices for 160 to 200 pounds ranging from $4 70 to $4.75 and 200 to 300 pounders bringing $4 80 to $4 85. Top price was $4 90. Weights of 300 pounds up sold for $4.60 to $4.75; 140 to 160 pounds. S4 to $4.25; 100 to 140 pounds. $2.95 to $3.75. Packing sows sold for $3.50 to $4.25. Receipts were estimated at 4,000. Holdovers were 414. Cattle showed no chang" for the day. For the week beet steers were strong to 25 cents higher. The bulk sold for $5.25 to $7. top $7.15. Heifers were 25 cents lower for the week, better grades bringing $5.25 to $6. some up to $6.25. Lower grades sold for $3.50 to $5. Cows sold for $2.75 to $3.75. too $4. Receipts were 100. Vealers were 50 cents lower at $6 down. Calf receipts were 200. No changes of importance were made in the sheep market, today's trade being a typical Saturday market. Ewe and wether lembs sold mostly at $7.50 to $8 bucks bringing a dollar less. Throwouts sold for $3.50 to $6. Receipts were 300. Hogs were steady in a nominal range at Chicago with the top quotable around $4.75 Receipts were 6,000, including 5.000 direct. Holdovers were 2.000. Cattle receipts were 1,000; calves 200. both markets steady. Sheep were unchanged with receipts of 8,000.

HOGS July Bulk Top Receipts 15. $4 70® 4 85 $4 85 2.500 17. 4 80'/ 4 95 5.00 6.500 18. 4 804i 4 95 5.00 10.000 19. 4.75® 4 90 5 OO 10.000 20. 4.6047 4 75 4 80 9.500 21. 4.75>)i 4 90 5.00 5.500 22. 4.70 4 85 4 90 4,000 Market, lower. (140-160' Good and choice.. $ 4 00® 4.25 —Light W'elghts—-<l6o-1801 Good and choice . 4 70 (180-2001 Good and choice ... 4.75 —Medium Weights—-<2oo-220< Good and choice .. 480 <2OO-250< Good and ehoice 4 80® 3 90 —Heaw Weights—-<2so-2901 Oood and choice .. 4 8047 490 < 290-350< Good and choice . 4.70®. 4.80 —Packing Sows—<3so down’ Good 3 50® 4 25 <350 up) Good 3 256: 4 00 (All weights) Medium 3.00® 3.50 —Slaughter Pigs—-(loo-1301 Good and choice ... 2.75® 3.40 CATTLE Rerelpts, 100; market, steady. (1.050-1,100) Oood and choice t 5 75® 725 Common and medium 4.25'<i 5.75 (1.100-1.5001-Good and choice 5 75® 7 25 Common and medium 4.50® 5.50 —Heifers—-(sso-750) Good and ehoice 5.25® 6.35 Common and medium 3.504® 5.25 (750-900' Good and ehoice 4 50® 6.00 Common and medium 3 25® 4.50 —Cows— Good 3.25® 4 00 Common and medium 2.50® 3 25 Low cutter and medium 1.50® 2.50 —Bulls i yearlings excluded 1— Good (beefi 3 00® 3 50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts, 200; market, lower. 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 3.50A'5.4)0 Common and medium 2 00 ® 3.50 —Feeder and Stocker Cattle—-(soo-800' Good and choice 4 50® 5.75 Common and medium B.oo® 4.50 (800-1.500 <— Good and ehoice 4 50® 5.75 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipts. 300; market, steady. —Lambs. Shorn Basis—(9o lbs. down) Good At choice $ 7.25® 8 25 <9O lbs. down) Com. and med. 4.00® 7.25 —Ewes— Good and choice 2 00® 3 on Common and medium I.oo® 2 00 Other Livestock BY UNITED PRESS LAFAYETTE. Ind.. Julv 22 Hoes— Mark*' 5® 10c lower; 200-300 ,bs.. *4 75 / 4 80: 170-200 lbs . $4 604/4.70: 1)0-170 lbs.. $3 854/ 4 15: 100-140 lbs.. $3473 50; roughs. $3.75 down: top calves. $5. top lambs. $7 25. PITTSBURGH, Julv 22 —Cattle—Receipts. 15. market, steady. Hogs—Receipts. 1.000: market slow, lower; prune heavies 240-300 lbs.. $4.90/5: heavy mixed. 210-240 lbs., *s'./5.10. mediums 180'210 lbs.. *54/5.10. heavy yorkers. *4 .75® 5: light ytTncers 120-145 lbs . s4® 4 50. pigs, 90-115 lbs.. $3,754/4: rougns $3.56® 4 Cheep and lambs—Receipts, 500: market, steadv; lambs, good to choice. 90 lbs. down. SB'</8.25: medium 90 lbs. down. *6.50®7 25; mediums. 91 lbs. un. *5 504/ 6.50: sheep, wethers, prime. $2 604/2.75; fair to good. s2'</2 25: ewes, medium to choice, $1®125, Calves—Receipts. 1.252; market steady, vealers. goed. s6'/6.50: medium. $5,504/ 6; heaw and thin. s44i 4.50.

Radio Dial Twisters

—.5 :43 P M NBC John Pierce, tenor to I WEAF —6:00 P. M KYW <IO2O —Three Strings; Fisher's orchestra CBS—Evan E'. ar.s. baritone WENR 8701— Buddy Rogers' orchestra WON '72o'—Kemp's orchestra. NBC—Dennv's orchestra to WJ\ WMAQ <670~ Der.ny'a orchestra to WJZ. —6:IS P. M CBB- Belasco's orchestra. WBBM <77o' Hamp s orchestra WON <72o'—Old favorites WLS /S'.f*College Inn orchestra. -6.30 P. MKMO* 1090'—Civic band CBS -Philadelphia orchestra. NBC Antobals Cubans to WEAF. NBC Phiihamonle Svmphenv to WJZ WLS <B7o'—Barn dance. —6:45 P. M.— WBBM <77oi—Ted Lewis orchestra. WON {720 —Cole's orchestra. —7:00 P. M.— WBBM 1770'—Phil Harris Revue. NBC—Edith Evans, songs to WEAF WON '72o—McCoy's ori chest ra. —7:15 P. M CBS—Ann Leaf * Charles Carltle WBBM < 770'—Arnhelm's orchestra. NBC Quartet to WEAF WGN '72oi—Old Favorites WMAQ 16701—Weems orchestra. —7:30 P. W. — WBBM <77o)—Griers orchestra.

WFBM (1230) Indianapolis (Indianapolis Power and Light Cobbaht) SATURDAY P. M. s:3o—Casa Loma orchestra iCBS'. 6:oo—Evan Evans .CBS . 6 15—Rhvthni Rascals 6.30 Philadelphia orchestra summer concert <CBS> 7:ls—Ann Leaf at the organ ICBSI, 7 45—Saturday Revue . CBS . B:ls—lshnm Jones orchestra (CBS'. B:4s—Gertrude Nl-sen /CBS 9:oo—Jerrv Freeman orchestra 'CBS', 9 30—Charlie Davis orchestra 'CBS'. 10:00—Barnev Rano orchestra iCBS<. 10:30—Gus Amheim orchestra ICBSI. 11:00—Sign off. SUNDAY A. M. 8:00—Melodv Parade (CBS). 8 45—Marioii Carley CBSt. 9 00—Entertainers. 9:3o—Christian Hen Builders <10:30 to Noon. Silent). 12 Noon—Did You Know? P. M. 12:15 Playbovs 'CBS'. 12:30—T0 be announced. I:3o—Symphonic hour >CBSI. 2:oo—Cathedral hour <CBS'.

Chicago Stocks By Abbott. Hoppln As Cos.

TOTAL SALES 127.000 SHARES —Julv 22High. Low. Close. Acme Steel Cos 26 24 26 Adams Royalty _ ... 2% Asbestos Mfg 3% 2’, 3-** Assoc Telephone Util % Bastian-Blesslng 7% 6 7 Bendix Aviation 15 13% 14’* Binks Mfg Borg-VVarner 14% 12’ 14 Borg-Warner pfd 92 Brown Fence & Wire A . E L Bruce Cos 17 18% 17 Bucvrus-Monighan Cos 18 Butler Bros 4% 4 4% Berghoff 11% 10 1 * 11 Canal Construction .. 2% 2 2 Cent II Pub Serv pfd.. 25 24 24 Cent 111 Securities com. ■* % % Cent 111 Securities pfd. 7% 7% 7 Cent Ind P ower pfd .. 13% 11% 11% Cent Ac So West 2% 2% 2% Chicago Corp com 3% 33 . Chicago Corp pfd 26 24’, 25 Chicago Flexible Shaft.. 11 10% 11 Chicago Yellow Cab . 10’* 10% 10% Cities Service 3% 33% Club Aluminum • • ’• Commonwealth Edison.. 65 bl 62% Cord Corp 9% 8% 8% Crane Cos 8% .% .% Crane Cos pfd a* Dexter Cos 6% Electric Household . ... 7% 6’* .% Fitzsimmons & Connell . ... 9% Godchaux B ••• Goldblat! Bros 19% 17 18% Great Lakes Aircraft % Great Lakes Dredge ... 13% 12% 13 Greyhound Corp . % % % Grigsby Grunovv ...... 2% 2% 2 s * Hall Printing 6% 6% 6% Hormcl Sc Cos 21 19'* 18^* Houdaille Hershey B .. 3’* 3% 3’* Kalamazoo Stove 21 1" 17 Katz Drug 20 19 19 Keystone Steel 10 9% 9% Libbv McNeil 5 4 4% Lincoln Printing pfd 1% Lindsay Light Lion Oil Refilling C 0... 5% 5 5 Lynch Corp 25% 22% 23 Marshall Field 13% 11% 12', McCord Red (A. 10 i McGraw Eleo 4 3% 3% McQuav-Norris 42 41 41 McWilliams Dredg Cos .. 14 13% 13% Merch Ac Mlrs iAi ... 1% Mick Fd Prod 4 3% 3% Mid West Util % % % Mid W Ut 6% ot <A. 1% Mid Ut 7% <A> pfd . 1% Miller Ac Hart. Pfd 16 9 16 Monroe Chem Nat! 2! Pov.' I A. 3 Natl Leather ... 1% Natl See Invest 1 - Natl Union Radio .. 1% Noblltt-S Ind Inc 24 North Am Car 5% 5% 5 ; , N Am L A: Pow- s’, s’* 5 . North Banc Penn Gas A: El Perfect Circle ... 22% Prinia Cos 23 20 22% Process Coro 4 3’* 3* Public Service ... 32% Pub-Serv N P 35 31 31 Pub Berv 6 'r Pfd ... Quaker Oats 135 134 135 Railroad Shares 1% 1 Ravhteon V T C 2% 2% 2% Reliance Mfg Cos 12 10% 10% Sangamo Elect com .% Seabd Pub Ser 53.25 pf ’• % % Scars Roebuck 32% 31 32% Standard Dredg Cos pfd 3 Studebaker Mail ... ’* Super Maid 5 3% 4% Swift & Cos 18% 16% 18 Swift International 24 22 22% Thompson J R 9% B’, 9 Utah Radio .. 1% Utility * Ind 1% 1% 1% ; Utility Ac Ind pfd 5 4% 4% Viking Pump 4 Vortex Cup Cos 7’, 7% 7% Vortex Cup Cos A ... 25% Walgreen Cos com 16% 15% 16% I Ward Montgomery A . . ... 70 ; Wiebolat Stores 9’, ; Yates Machine . . ... 1% ! Zenith Radio 2% 2% 2%

Produce Markets

Delivered In Indianapolis prices: Hens, heavy breeds over 4‘a bs IGc: Leghorns. 7c. Broilers: Colored springers. I** lbs. up. J4c: springers tLeghorn.. l!j lba. up 11c: barebacks. 7c: cocks and stags. 6c: Leghorn cocks and Leghorn stags, sc. Ducks, large white, fuii leathered and faover 4 lbs. 4c; small and colored. 3c. Geese, full feathered and fat. 3c. Young fulneas. 20c: old guineas. 15c. Eggs—No. 1 resh country run eggs. 12c. Each full egg case must weigh 55 lbs. gross: a deduction of 10c per lb for each lb. undeT 55 lbs gross will be made. Butter—No. 1. 28:t29c: No. 2. 265i27c. Butterfat—2lc. Quoted bv the WatUev Company. BY UNITED PRESS CHICAGO. Julv 22.—Eggs—Markets weak prices unchanged to ’;C lower receiots. 10 028 cases: extra firsts. 144i14*,c: firsts. 13'i 14c. current receipts. U‘j-i 12’.c: dirties 10‘,c Butter—Marks’ weak prices >jc to lc lower: receip's. 15.272 tubs: specials 2Vi't2ic: extras 23c: extra firsts. 22 : 22';c: firsts. 20' t 'n 21 *4O; seconds. 19' 3 -.20c stande.rds 22'.c Poul-try-Market. weak, receipts 11 trucks: fowls, lie Leghorn broilers 11c. Leghorns. B’.-c: ducks. 6'<i9c cee.se. B''i9c; turkevs. 10- 11c: roosters. SBc; broilers. 12 Hl7' 2 C Cheese—Twins 13 I ,'?'.c Ijonghorns. 14' 14’ 3 c. Potatoes—On track 312; arrivals 62 shipments. 273: market stronger Kansas and Missouri sacked cobblers 52 65-; 2 75: Idaho sacked triumphs. S3 50: Virginia and North Caroline barrel cobblers. $5 25. PLYMOUTH. Wis.. Julv 22 - Wisconsin Cheese Exchange Twins. !2c single Daisies. 12c. Farmer* Call Board— Tw 12’c: single Daisies !2';c Your.* Americas. 12'jc Longhorns. 12'ac. NEW YORK. July 22—Potatoes—Dull Long Island 82 25 h 4.75 per bbl New Jersey. s4tf4 50: Southern. $3 , a4 05 per bbl. Sweet Potatoes—Dull; Jersey basket S2 t 2 50. southern basket. 75c $2 15. FTour —Nominal Petroleum—Firm; New York refined 17c; crude Pennsylvania $1.32 185 per bbl Grease -Quiet: brown. 3** 0 3*,c per IB yellow. SS@3*,c per lb white. 3’.s< 4‘ 3 c per lb. Tallow—Quiet special to extra. 3’,?4c per lb. Common Hides—Nomina: Hides CPy packer, quiet; native steers. 15c: butt brands. !4'sc: Coiorados 14c Dressed Poultry— Quiet turkevs. 14 i3oc chickens, 9 25c; broilers 13621 c: fowls. 10617 c: Long Island ducks 20'>i2Sc. Live Poultry—Easy. geese 6fißc turkeys. 10'-t 15c: roos’ers 10c ducks 94? 14c. fowTs. 9613 c. broilers, 10'a 20c Cheese—Quie-. state whole milk fanev to specials. 20 , b21 ! je Young America. lS'.-ofU’aC Butter—Receip’s 7 8(8 packages, market steady; creamery higher than extras. 24’, 25c. ex’ra. i2 score. 24c. first 90 to 91 score, 23 1 vi23 I ,c. first 88 to 83 score 22'.'u22\c vconds 21 1 j 1?? 22c Eggs—Receipts, 17.875 N.t market irregular; special packs, including unusual hennery aelections. 18-i2lc. standards 18S , 17*c firsts, 154rl5‘jc: seconds, 144414’ic: mediums. l3*y>dlJ‘jC dirties 12**613c; checks, ii’xc; white eggs Pacific Coaat fresh shell treated fancy, 24'jC25c Pacific Coast standards. 23 l 2 '<i24c; Pacific Coast, shell treated aedluma, 20'a,21c.

SATURDAY —7:80 P. M NBC-K-7 Spv Store to! WEAF WON '72o>—Wavne Kings, orchestra —7:5 P M.— CBS—Berren's Saturday ReWBBM 1770'—Harris' or- : I chestra WON '72o'—Jan Garbers orchestrs —a on p. M NBC-Rolf* Saturday N-ght Dannr.z Parrv to WEAF. WON <720 -Lewis White ' and orchestra WSM 1650'—Barn dance. —•: P M - KYW .1020 —Globe Trotter.! 'BS-- Isham Jones orchestra wbbm 7*" —Ownin'a orI chestra WON 720 —Coles’ orches- ■ tra. . NBC Sixteen Singers to WJZ , —8 30 P M WBBM 770'—Jones' orchestra NBC—Cuckoos to WJZ. —8 t."> P. M CBS-Ger'rude Niesen 1 WBBM 770 —Ted U. 5 and orchestra .WON 720' Opportunity Tunes. —9 P. M.— KYW 'lo2o'—Claves' or- • chestra. CBS—Jerry Freemans orchestra. NBC—Rudv Vallee s orchestra to WEAF WGN .720,—McCoy's orchestra; Dream Sh:p 1 NBC—Male Trto to WJZ. —9:15 P. M.— ' <DKA #9BO ■—Far North ! Messages. VBC —Jor.n Fogartr. tenor to . WJZ WLS .870)—Barn dance —9:30 P. M ■ KYW (1020)—Stein's orchestra.

3 00—Willard Robison 'CBS'. 3 15—Vera Van iCBS' 3 30—Baker* .CBS 4:oo—Wheeler Mission program. 4 30—Chicago Knights CBS s:oo—Gauchos <CBS< 5.30 John Hcnrv .CBS 1 5 45 Chicago Varieties .CBS'. 6:00 Hale Mac Keen 6 15 John Hcnrv .CBS' 6 30—Philadelphia summer rnneert iCBS . 8:30 Rvthrn Rhapsody ‘CBS' 9:oo—Guv Lombardo and Roval Canadians .CBS. 9 30—Jerrv Freeman orchestra 'CBS'. 10:00 — Isham Jones orchestra <CBS*. 10 30—Ted Lewis orchestra 'CBS 11:00—Around the Town from Chicago 1 CBS' 12:00 Mid—Sign off. WKBF (1100) Indianapolis (Indianapolis Broadcasting, Inc.) SATURDAY P M. 4:oo—Tea Time Tunes. 4 45—To be announced. s:oo—Dinner Melodies. 5:30 Mirth Parac.e 5:45 Masters Music Room. 6:oo—Knothole Gang. 6:ls—Dinner dances 6:3o—Cecil and Sallv. 6:4s—The Sportsllght. 7.00 Devore Sisters. 7 15—Mirth Parade 7 30—Ev ening Moods. B.oo—Dick Harold. 8:15—Bill Warren. 8.30 1 rio. B:4s—Charles Frederick Lindsley (E. T. 7. 9:00 —Marvel Mvers 9 15—Dance orchestra. 9 30- -Short. Short S;orles. 9 45—Masters Music Room. 10 00- Gordon Carper's orchestra. 10 30— WKBF barn dance. 11:30—Sign off SUNDAY A. M. 9:3o—Dance orchestra. 9 45—Master music room. 10:00—Watchtower urogram. 10:15—Classical gems. 10 30—Crvstal melodies. 11:30—Harrv Bason. 12:00 Noon—Dessa Bvrd's organ recital. P M 12:30—Indianapolis vs. Toledo baseball game 3:oo—Matinee musical. 3:3o—Cadle Tabernacle. 4 45—Nazartne male nuartet. s:oo—Starost Sisters s:ls—Conte ensemble. 5:45 Marshall plavers. 6:oo—Concert hour. 6:45 D:ck Harold 7:oo—Mirth parade. 7:15 Masters music room. 7:3o—Moods of the moment. 7 45—Orchestra. 8:00--Cadle Tabernacle 9:30 Connie's orchestra. 10:00—Gordon Carper's orchestra. 10 30—Sign off. WLW (TOO) Cincinnati SATURDAY P M 4 On—Viennesc ensemble <NBO. 4 30 Joe Emerson, baritone. I 4 45—Walkuthon orchestra ! s:oo—Park Central orchestra .NBC'. 5 :30—Bob New hall. i s:4s—G<ne Hurchell’s dance orchestra .NBC). i 6:ls—Tony Cabooch. 6 30—Castle Farm orchestra. 6:4s—Dr. J. Holbert Bvram and Lloyd Shaffer dance orchestra. 7:OO—R. F. D. hoar. 7:3o—Crosley Follies. B:oo—Saturday Night dancing party. 9.00 —Castle barm orchestra. 9:15 Over the Rhine. 9:30 Chester Park dance orchestra. 10:00—Rhythm Club. ; 1 9 2° —Conev Island orchestra. !11 00—Golden Pheasant orchestra <NBC>. ! 11:30—Lotus Gardens orchestra .NBC., 00 Midnight—Castle Farm orchestra. 12 30—Wnlkathon orchestra. 1 00—Club C'rosley. ; 2.oo—Sign off. A M SVXDAY 1 7:00 -Children hour .NBC’. 8 00—Church Forum. B:3o—Alfredos Blue <fc White marimba band 'NBC'. 9 OO—Morning Musicale /NBC). —Organ. Arthur Chandler Jr. 10:15—Radio Citv concert .NBC), 11:15 Threesome and organ : 11:30—Folks from Dixie 'NBC'. 12 noon—Summer Idvl! <NBC'. P. M. 12:15—Int'l Radio Forum <f?BC). 12.30 Dramatization 'NBC' I:oo—Wavne King's orchestra (NBC). 130—Theater of the Air 2 00—College of Music recital. 2:15 Svmphor.et’c NBC' 2:3o—Temple of Song .NBC'. 3 00—J. Alfred Scltehl. organist. 3:3o—Clvde Doerr's saxophone octet 'NBO. 3:4s—Trio Romantiaue <NBCi. 4 00—Hvmn Sing. 4 30—I. Retire Exaulse iNBC). 4 45—Baseball scores. 4 50—Charioteers. I 5 00—Borrah Minneviteh and hi* Hormonica Rascals .NBC'. s:ls—Gene Burchell's dance orchestra. s:3o—Russian symphonic choir .NBC.. 6 00—Bert Lahr k Rubinoff s orchestra INRC-Red * 7:oo—Arthur Br.sbane Revellers ouartet and A1 Ooodman s orchestra INBCI. 7 30—Symphonic Jazz, orches'ra 8 00—Gene Burchell's dance orchestra 8 15—Vincent Lopez and his orchestra -NBC 8 45—Castle Farm dance oreheatra. 9 15—Flovd Gibbons <NBC'. , 9 20—Con.-v Island orchestra. 10 00—Dance Nocturne orchestra 10:30—Charlie Kerrs orchestra 'NBC'. 11 00—Lotus Gardens orchestra 'NBC. ■ 11:30—Golden Phasant orchestra .NBC). 12 tr.ld—Castle Farm orchestra. A M. , 12'30—Sign off.

Plumbing Permits Wiebke Company. 409’ 2 Madison, six fixtures. John Florence. 126 East Forty-third, three fixtures. J. A. Wilson. 1034 West Thirty-third, one fixture, William F Sck. 2124 East Garfield drive, two fixtures. William F. Steck. 240 West Forty-fourth, six fixtures. A. C. Backmevct. 1745 South Delaware, two fixtures. C. A Johnson. 6328 College, four fixtures. Best Plumbing Company. 4409 North Pennsylvania one fixture. Karl V. StahL 1704 Alvord. one fixture. Charles Waltz. 1120 Fayette, one fixture. McConn-Fox. Eastern hotel, three fixtures. Sloan-Barker. 314 East St. Clair, four fixture*. C A. Johnson. 1040 Russell, three fixtures. Chicago Primary Receipts —July 22 Wheat 81.748 000 8 ! 587.000 Cora 1.800 000 2.258.000 Oats 741.000 722 000 INDIANAPOLIS WAGON WHEAT City gram elevators are paving 75 cents for No 2 soft red wheat. Other grades on their merits. CHICAGO CASH GRAIN By l nitfd Pmt CHICAGO. Julv 22.—Cash grain eio*: Wheat—No 1 red. 88’j''/BW‘ac: No 2 red 88c No. 1 hard 30fr90' s c: No 2 hard 88'. *: 39c No 3 hard 88c: No 5 hard weevilv 82c. No 1 dark hard. 90' 3 c No 1 mixed. 8c No 2 mixed. 88 'jc Corn —No. 1 mixed. 49i49'jC: No 2 m.xed 48'i4/49';C: No. 3 mixed 47’; h 48c No. 4 46' ic No. 6 mixed 39 Sr 43c No. 1 vellow 494/ 49'* 3 c No 2 VlloW 49'*/50c No. 3 yellow 47*,4i48’;C: No. 4 vellow 47c Nn 6 vellow. 43'; 14c No 1 white 49’ac No 2 white. 49’2c: No 3. 48';C: sample grade 35 u 41c Oats—No 1 white 35c No 2 White 33’. (34c; No. 3 white. 304t33c No 4 white. 32c T LOUIS GRAIN By r nitrd Pn < ST LOUIS Julr 22 -Cash grain close Wheat—ln good demand. No 1 red. 91'jc; o. 1 red garllckv 90c light No. 1 hard wheat. 85 ? 85' 3 c: No 2 mixed 85c hard. Corn—ln good demand. No 2 mixed. 48‘jc. No. 2 vellow. 46-rsov,e No 3 vellow 48‘;C: No. 6 vellow. 43c: musty: No. 1 white. 32c. No. 2 white. 51652 c Oats—ln good demand. No. 2 white. 38c: No 3 white. 3 3ft 3J3*c: No. I mixed. S2'*4i33c N . 2 mixed. 31b 33c. No. I mixed. 3i',6l2cjf

—9 P M CBS— Charles Davis' orchestra. WON 720 —Sheasbys or-' chestra. NBC—Stern a orchestra to | WEAF NBC—Witching hour to WJZ —9:13 P 31 WON 720)—Agnew a orchestra. —ta p. 34 'Bs—Rapp s orchestra. MBC— Dream Singer. Hotel 1 'lerre orchestra to WEAF NBC- Fisher s orchestra to I WJZ —l# 30 p. 31 KMOX 1090.—Dance Music TBS—Ous Arnhelm's orchestra. NBC—Lake George erches- , tra to WEAF WGN 720 1 —Gen'ry's or--1 chestra; McCoys orchestra. ' NBC—Child's orchestra to WJZ —19:43 P 3t KYW 11020.—Irwin s orchesI tra. —ll P. 31 KYW .1020 Canton orchestra WBBM 770'—Around the Town. WENR (870.—Barn dance. —11:30 P. 31 ■ KYW’ (1020)—Lopez orchesj tra. —11:13 P. 31. KYW (1020. —Btein * orcheai tra. —l2 P. 31 WENR .870'—Roger* ori chestra. WGN (720. Gentry's orehes I tra. —l2 SO A. M - WENR 1870)—Weem s orl chestra.

PAGE 9

RAIL LOADINGS REACH HIGHEST TOTAL OF YEAR All Classes of Freight Up Over Previous Year’s Figures. By I'nitcd Frc#* WASHINGTON. July 22 The American Railway Association announced today that car loadtr/rs for the week ending July 15 totaled 648.206. an increase of 108 981 cars abov the preceding week, and also an increase of 144 445 cars above the corresponding week in 1932 The loadings in the July 15 report reached the highest total for any week so far this year Loadings of all commodities for the week showed Increases over the preceding week All comir.oditir, except live stock also shelved increases over the corresponding week last year. Grain Movement* fp Miscellaneous freight loadings for the seven-day period totaled 239 - 165 cars, an increase of 39 126 cars above the preceding week and 55,449 cars above the corresponding week in 1932. Loadings of merchandise in less than carload lots totaled 170 666 cars, an increase of 24.335 cars above the preceding week and 3,731 I cars above the corresponding week ■ last year. Oram and grain products loadings for the week totaled 51.3&9 ! cars, an increase of 6.449 r nr* above the preceding week and 9.162 ! cars above the same period last year. lln the western districts grain showed an increase of 5.115 cars above the corresponding period last year. Foist products loadings totaled 28.075 cars, 6.635 cars more than last week and 13.145 cars more than for the same period in 1932. Coal Loadings Gain Coal loadings amountrd to 113 438 cars, an increase of 23.056 cars i above the preceding week and j 43.224 cars above the corresponding ! week last year Coke loadings j amounted to 6.316 cars, 66 cars ; above the preceding week and 3.737 car above the same week last year. Live stock loadings totaled 15.537 cars, an increase of 2.054 cars above the preceding week, but a decrease of 1.081 cars below the same figure last year. In the western district loadings of livestock for the period totaled 11,606 cars, a decrease of 1.298 cars compared with the corresponding week last year. Marriage Licenses Philip Pollack 87. of 3328 Clltt.on street, grocer, and Bess* Gern.stein. 27. ol 4021 Broadway, xtenographer Kenneth Eugene Fields. 26. of 703 Massachuetts avenue, reitnurvr.t, and Alberta Strange. 28. of 608 lust Walnut street, house work Charles E Boswell. 23 of Uls Nor'h La S/.lir street, cleric and Helen Tols.in, 21. of 1326 North Ln'balle street, .eerctarv. Arthur J Hhoati'. 23. Corydon. liuf teacher, and Mnrv Esther Prttv. 21. of IHI4 Lambert street, music tenchc: Frank T Sisson. 28 of 18Vi Nor’h Delaware street, attorney and Rnscnniv Dver, 24, of 2848 Washington boulevard house work Paul Taylor Elrod. 27. of 1101 Ea t Market street. salesman. and Geraldine Mitchell, 23. of 1050 North Wurman avenue. saleswoman George McManuel, 29. of 4118 Hooks'ood avenue, maintenance, and Catherine Quirk, 28. of 3679 North IVeUwarc street, deputy clerk. Theodore Rovston. 23. of 1212 Cornell avenue, porter, and Foma Burton. 18, of 1404 North New Jersey street, inuld. Clnrence O. Kaufman 29. Flint. Mich, grinder, and Audrey Whitecotton, 28. of 1541 Villa avenue, seamstress Ray Douglas, 39. of 914 Concord street, huckster and Myilda Kenworthy, 38. of 1310'a Oliver avenue, veneer worker. Harry Meadows. 28, of 1213 Oliver avenue, foreman, and Vivian Hazelwood, 28. of 1326' a East Market street, housekeeper. Turner TANARUS). Griffin. 30. Henderson. Tex, manager, and Ellse Wylie. 21 of 585$ Central avenue, housework Births Kov* Frank and Ruth Garinger 46 North Lavman Shannon and Aline Lawson 1009 North Alabama. , Rav and Eutachta Wagoner 815 West Twenty-ninth Ralph and Thelma York 2869 North D*n- < nv. Arvll and Martha Rvan, 442 Spruce Ravmond and Oeraldlne Buckner 2141 Bradburv James and Anna Brown. 528 Bright Jess and Margaret Parson, 1435 Host George and Mavrae Garard. 317' j North Noble. Gilbert and Mildred Darmichael. 42T North Tibbs Paul and Reba Kern. 909 Dorman. Everett and Goldie Lodge. 1504 West Ohio. Girls Patrlrk and Sara! Sul Ivan. 211 North SummlH Frank nd E-elvn Kemp. 303 North East. Maxle and Florlne Mahone 2324 Hovev. Aeneu and Estela Reid. 1334 South Pershing Walter and Georgia Gill. 348 North Mi lev Houston nd Elsie Rowe 2217 Yandes Doll and Marv Wright. 1016 East. Fif--1 teenth. P'rrv and Susan DcDol 1219 West New York James and Edna Bherron. 1906 Nor'h j Cornell Oda ind Oeorgetta Pow*rs 1217 Sou'h Sheffield „„„ „ „ William and Eunice Donning 502 East i Birch Perrv and Bertha Brtcker’ 218 Dorman. George ar.d -Julia Bateman 2944 Shrive*. James and Ida Cole. 1002 North Traub. James and Dorothv Stark? 1644 North Arsenal. Deaths John T Meßurnev. 310 North Linwoo#t pneumonia Armolda Williams. 76. 2919 F.a-t Wa hlng'on carcinoma R.chard Seeley. 14 Rilev hospi'al rab.es. Ser.-nnn Fitzpatrick. 66. Methodist hospital. carcinoma Junior Charles Kent. 9. Rilev hospital, i myocarditis Charle Cornelius 25 Methodist hospital accidental. Bert C. Johnson 62. 4125 Broadway, : angma p-ftoris Basil Weddnig. 33 Central 6'.at hos- ! pital. general paralysis Anna Blanche Poynter. 40. city hospital. ; hystesertomv Hallte Cleveland. 58 cltv hospital. 1 pneumonia L*o Zezkelbaeh 32 .Methodist hospfal. accidental £■ rl K.,.g 38 eitv hospital, carcinoma. Alberta Wallace 29 city hospital, perltor; ti : Amanda M Baver. 74 227 North Capitol arteriose>rosts E”is Edmondson. 27. cltv hospital. 1 edema of lungs

Centlivre Brewing Corporation Fort Wayne, Indiana ■ Class A Common Stock ■ Listed on Chicago Board of Trade Orders Executed at the Market ■ Descriptive circular on request ZAISER & ZAISER INCORPORATED 129 East Market Street Indianapolis Telephone LI. 9375