Indianapolis Times, Volume 45, Number 66, Indianapolis, Marion County, 27 July 1933 — Page 11

JULY 27, 1933

All. Chemical Am. Smelting Am. Can Am. Telephone Am Tob. B Afchison Chrysler Con. Gas N. Y. DuPont Goodyear *

Market Average n m m Twenty Active Issues Listed on the .V. Y. Stork Exchange.

MAY JU®l JUtY '•* n n t ■* n 5 w xl M n 71 n r— 71 71 * 1 * ’ * 71 70 * i 1 ? ! I- t— 1 70 * „ | ? ; r, — tIF S 1 ft ftHf M } * r l*— “ > cs *—— ti —r —; “ \ “ — 1 1 j If f—♦ ' 7 0 <i i \ > -H 0 rtf, .*( H -r- f to 4, t T ?5? v t ; *S' lit- —— , i~ i i= s' ISi==E=^ - 7ao- -g.. < ■ “' 4 o *•r*■ 1 1 • j * 400 * L tl 1 — S- - v p 5001 J fj ’ 1 * i-l ilt 11 llHtll llti 111 IS It bee : < ■■■" ...

This daily record of the movements of twenty active stocks, averaged, gives a clear view of the market trend. Long pull movements and daily variations are apparent at a glance.

New York Stocks “~ — ~~~~~~~~ ißv Abbott. Hodnln A Cos.) "

• July 27 - rr". ! Oil— High U-> Clnsc rlosr Arr.rudi .. 34 , 34 34 . 36 A- Aix .. 24', 24 * 24\ 24 4 B rn.-dail 3 8 V 4 3 9 ! C liool Oil 11, IT, U' 11 Coin of IH lf.\, J4’ 4 IS IS H< ! ton in#* 1 . 5* 4', b Hoisfon old. . 27-, 26 26', 26’. , Indian Rfg . 2’ 4 , Mil Com Pc 2\ 12' • 12', 12’. <*! O Oil ,13 12 j 12*4 12’. Pc CorD . . 10’, !0\ lOC, 10-, Phillip- P<-t . 14 > 13' 14 H’.. j P ,-f OH . 9’ 4 9 . 9’. W. Koval Dutch . 33 32”, 33 33', fii.d Oil 23* a 2.7’, 23>a 22-. Shell tin; on B', k'* S' 4 B’. i 5 mms Prt . .. 9 ! , 9 Skeilcv Oil H'i S 8 B’. 6>< Vac . 12’. !2>. !2‘, 12’, S O of Cal 36 . 35 35', 33’, K <1 of Ka,. . . . . 20 R t) of N 3 .36'.- 3b v 36 33’, Fun Oil 43 43'. 43 . . 1 1 I’\a. Cf.rf) 23’. 22’, 23 , 23 , Tidewater Assn B’. B'a R’a B', I t Oil ot Cal . 19 . 19’, la j 13’, Meet*— A ; Roll Mills . 22’ 1 19 22 -v 19’, B- h JS'eei 4U. 3H■ a 43', 38 , H, < r \ M 33’, 31 32’, 31’. Col Fuel A; Iron 11\ 14, 1 11 10*, Cruc Srcci 30 , 29 29 Gulf Sis St cl 28'. I; .ar.d Steel 38 . 37 38 -j . L if Hum Steel 16 lb'. McKre>porl Tin 84'. 84’. No'. Steel 4.,'.. 14 , 14’. 43 Hep Iron A- Ss 1 18', 17‘; 18*, 17’, hep Iron A- Sti p 47’, 40 41 40' l: S Smelt 84’, 74'. 74'. 82 Vanadium . 26', 24*. 26’, 25 Midland ll’, 13', 14’. 14 V S P* I**’ A Fdv 17 16'. .6 , 16', C H Steel . 56'4 53 '- 56 53 ', C S Steel j,fd 07', 97 Voi.ng’ .ui S A , 28 25'', 28 25 Kail.— A’ hiwn ... 63', 62', 62*. 61’, A' 1 C t Line 47 45'. 45’, 45 B <fc O ... 30', 29 30 29 Can Par . 16 ■, 16 l6', 17 Ch A- Ohio .. 44', 42 1 , 43*, 43 Cm A Ot W 5 1 . s'. 5 1 C M A S' P 10’, 10', 10’, ( M A St P p!d 17', 15’, 16', 15', Chi N \V 12 ~ IP, IP, 11*, Chi R Ii ..7', 7 7 6', I tela A- Hud 75’. 72’ I t * 25 . 23 24 23 l:t Nophern . 28’, 26’, 28 27 I : Central . 45', 42 41 44 K C Sou 20*. 19 :9 ’, 18’. I 1 A N.. h .... 58 56-. >6’ 56’ M K A 1 13", 12', 13 12’, Mo Par .7 , 7', 7’, B‘. Mo Par |ifri 9'. 9’, 9 1 , 9' ■ N Y Cent 45'. 43’, 42 x . N Y Chi o- St I 35 , 22'. 2t> 20', N V C-St I. ptri 30 . 27-. 28’, 26 j N Y New Haven 38 :■ 36' 26'. N Y Ont A- Wes IP, IP, IP, 10 Norfolk A We 162 160 M 0 Not Par 2T. 24', 25’, 25 Penn K R 36', 33', ,s‘, 34', Readme 50 18 48 46 S 1 I'.** 28*. 27' , 38'’, 27’. ’ Sou HR . ... 29 27’. 28’, 27’, 1 Soil R R pfd 38', 37 38' , 37 Union Par 114', 113', P.3*, 112'. ; 5V.,h.,vh ... s’, s', s‘, s'. 3\ Marvlaml' . 13 , 12'. 12 . 12', Motor*— Auhtirn . 58 55', 58 54', Chrvdrr 34', 32’, 34', 33', tint Motor* . 31 30 31 30', , Ora ham Mot . 3’, 3’, 3’, 3', Hudson 12'. IP, IP, 12 Kupp 6‘, 6 6 6', 1 Mack Trurii 36 *, 3V. 33’, 36 Nash I 21 *, 20 •, 20', 21’, Packard s'. s>, s', s*, Ren ....... 4*2 4', 4>. 4 , S’udebaker . 6’, 6 *, fi' S'. Yellow Truck s', 5 1 -. s’, s'. Motor Acre,*— BendlN . 16’, 15’, 16 16 Bohr. Alum . ... 41 * 39 41 39 Bore Warner . 16 15'. 15’. la*, Br.ge., 10*, 10', 10’, 10 , Hind Wheel 4', 4>, P, 4', F.ifon M'e . 13’.- 12'. 13 12‘U'.er Auto lute . 19‘, 18’, i9 19', Hcud H*' rshev . 5 4', Miilltn.' Mte 7’, 7 . 7 . 7 Miiriav Boot.. 9', B', 9 9 Fe Warner 9'. R’ B', 9 Tirnk-n H I ... 29', 28 28 27’. Mimne — Alaska Jun.. 29>. 25’. 27 28’. 1 A:n Smelt 37’, • , i'" 35', 36 Anaconda 18' 17 17', 18;, Pal A Heria 7 6', o’, . , ; Crrro Dr r.isro 31', 31 33S 33*. C.ianbv . 12 s , IP, 12’. 11*. G; Nor Ore 13*2 13 , 13', 13'. , Home.'take M,n 252 216 230 240 How** Sound . 25 23', 24'. 24 In, Copper . . 7'j 7 7 £*• lnt Nickel ... 19'. 18', 18'. 19;, Kennerott Cop.. 2P. 2f", 21 21 , Noranda C’P ... 33'. 3P. 32 32 s . Phelps Dodge. . 15’, 15', Is‘j 15', ( Tobacco,— Am Snuff 45 44", Am Sunt Tob 20', 19*, 20 19 s , Am Tobacco A 83 BP. 82 BP. Am Tob B 85'. 84 , 85 85 Gen Ctear 41' , 40\ 40’, 40', 1 A M'cr B R9'. 89 89 BS' l orri.lard 22 2! , 21' 21 Ket rolds Tob F. 49’, 48', 49 47'. ! uuipment*— All:' Chalmers . If, 18', ’B'. 18 Am Car A Fdv 28’, 27 28 27 Am loro 27' , 26'. 27', 26' Am Mach A Fdv J6', 16', 16', 16'. Am. Step fdv 2P. 20’, 21 , 20 8.-'.d I -co 13', 12-, 13 12’. Burroughs . .16'. 15’, 15 s , Case .1 ! 74’, 69'. 72'. 69', Ca'rr Trart 22'. 21 ’.■ 21‘. 21 1 . Coica• Paint rep. 17’, ;6’. 16 . 16 Coneoleum 21 20'• 2P, 20', Fife 97-*r Bat 45 43', 43’, Foster Wheeler ... 16 16 Gen Am Tan* C 36', 36 Gen F.ec 24', 24 N, 24’, 24’.Gen R R S:c 39 37 37 34'. 1 Trtfisol Rand 58', lnt Bus Marh 140 Hit Harvester 36'. .34'. 35'.. .35 Kelvinator . IP, IP, IP, 10*, Natl Cash Reg , p. . 17', 18'; 19 Pros'• A Gamble 43'. 42 *2 Pullman Inr 49', 47’, 47'. 47 Simmons Bed ... 23', 22'. 2?', I'r.d F. hoi . 28 '. 27' . 27’, West Air P 27 . 26’, 26', 27', Wes: ash E:er 44', 42', s 4' 43 s , Worthn etn Pmp 27’, 25’, *6’, 26 1 , Itilitle*— Am A Por Pwt 13-. 13 ! . 12 s , 12’, Am Power A* Lit 14 , 13', 13’, *.4 A T A T. 125'. 173 123’. 124 s . Am Witt Wks 31’, :*v. ?*•., act’, Ft or s Cn Gas S3 82', 62', 83 Cd Gas A Eire 21’, 2C ;*p, ip. Coni A Sou 4', s', 4 4 , Cor.sol Gas . 55', 53' .'4 54 Fife Pus A !.i. 10 s , 10 It”, 10'. F P A L pfd .. In* T A T 16', 15', ’5 . IS', Loti a A E A 20'. 20!, ; t t ( o,v, Nat Pwr A Lit 16', 16 !6 6 North Amer. 27'.- 26', ”7 . 2* r.ic C. A F 28 27', .7', 28 Pub Serf N J 47', 47 . 17 . 47', So Cal Edison... 23’, 23 23 24 Std Gas 15', 15 IS 14’, United Cotp ... 10', 10', O’, 10', Un Gas Itiif . 2P. 20’, 20', 2P. Ut Pw: A Lit A s'. s s * , S'. Western Unton.. 64 s . 61 63 62 Rubber*— Firestone ... , 27’, 25'. 26 25 s , ; Goodrich 17 16’, 16'. 16’. Ooodve.ir 39', 37'-, 37 s , 37’, U S Rubber 20'. 19 .o', 18' . 1 US R icher pfd. 34 32', 32'. .32 * Kr! Epriitr .5 4', 5 s’, 4muements — Croalev Radio . . . . 10’. Fox Film . 3*. 3’. 3', 3 Loews tr.r 25 23’ 26 34 Rad: ’ Cor* 8 . 8 S s RKO 3'. 3’, 3’, 3 , Warner Bros 6 .. 5", 6', ' , Fad— Am Sugar f2’, 62'. Armour ’A' 65, s>, Be*rxe Cream 20 79', 20 20 * B* rden Prod 33 , 32', 33', 33 Csl Packlnt 26 27 27 . 28 Canada Dr* (I A 11'. 28 30 2<P, Coca Cola ... 9 s! , 95 --v 4 Corn Prod .. 79', "8 , 78’. 78 Crm of ’.Yhea* 3! 3f . 3C’, 30 Gen Food* .... 37'. 3*’, 36’, 37' 3 Gold Duet 23 22'.- 23 22 O W Sugar .... J3’ JP; 33', 32’, Hershev 57',, lnt Salt 23\ 32'. t I rose Wiles .... ... 365, 37 . Natl Biscuit .... 55 54', 55 54 5 , I Natl D Prod ... 2Pa 30 s , 21 >% 31

Inti. Harvester Johns-Manvllle Nat. Biscuit Pub. ,Sos N. J. Sears Roebuck Stand, of N. J. Un Aircraft U. S Steel Union Pacific Westmghouse

P . •*. Bale 13’, 19 5. 19'. 19 s , ' S Porto Rico Sue 38' 38 38 371,1 Brad* 27 . 26', 26', 28’, United Fruit 58 57 57 58 ’.lard Rak A ... 14 j 'Angle . . 48'* Retail Stores— A'S lirv Goods 15 14', 14’, ... i Best A Cos 27’, 26 26 Gimbel Bros . . 5 t.i Un Ten 7’, 7 7', 7k, Huh Dept Sts 6’. 6', B', level Tea . 39 38 38 Kresge S S 14 13', 13’, 14 Kroger Groc 28’, 27’, 27'j 27'; Macs !( II 53 531, Mav Pept St 26’, 26 26 . . Mon* Ward 23 21’, 22 22', Per.riv .! C 12 41 41 s , 39’* Safewav St 5453 53'*. 52';' •Seat Roebuck . 37', 36’, 38 s , 36 M - r 46 48', ' \v latinn— A• .a*mrt Corn .. IP, 10'. 10’, 10’, Douglas Air 14 13', 13• a 13k, ' Curtiss Wrighi 3’. 3', 3k, 3', C'rt-ts Wr A* s’, 5-’ 5% 5 V Nor Am A* lotion 6 1 . 6* B’, 6". United Aircraft . 33’, 31’, 33 33', ( hemiral ■— Alt Reduction 9(1 90 Ailed Chen, 118’, 117', 117'. 117', \! c * ill Alcohol 46', 40’, 44’, 43’, Cf Carbon 55 , 53’, 5449’. Com Solvents 34 32’, 32’, 33’, D.ipon' 73 70', 72 72 Fief por* Tex 18'a 38 38’, 38’, Liquid Carb 34-', 32'. 34’, 3P, Mn’h A,kali , 33'. 33 5, 33‘. 33'. Tex Gulf Sulph 28 27 S 27 s , 28 I moil Carbide 44 43 43’, 43'. U S Ind’.i Alcohol 56', 51'. 55 2 53'. '•'"t Distil . 78'. 73'. 76’. 75 ! Dru*,— Ct.f. Inc. . s’, ss s’* s’, Drug Inc 49% 49 491, 49*, I Lambert 33’* 32 s , 32 * 33', j lehr. A Fink 21', 20', 2P, 19’, oni’e Prod . . 6’, ', 6', 6 s , ! Financial—- ■ lams Fxp . 9’* 9’, 9'2 9'j Allegiienv Corp 6 5S s s , ssi5 s i fir Corp 44’, 42’, 43 41', Transamerica 7'2 7', 74, 7' 9 Tr Conti Corn. 6 s , 6', 6 s * 6', Building— Am Radiator . 15’, 15 15 s , l.A's Gen Asphalt . 20 19'. 19'2 19’i lnt Cement 32’, 31', 32 331 -foiln' Manville 46’, *,4', 45 1 ’ 45 I. bbv Owens Ols 29 27’, 29 28 s , Otis Kiev 19 18 18 19 Ulen Const 4', 4 4 4 Miscellaneous— Am Bank Note 23 22’, 23 33 Am Can 87 84'. 87 85 Anchor Cap 26', 24'.- 26 24', Brklvn Man Tr 33'j 32’. 33'; IP. I Conti Can 61'.. 61 61 59'. 1 Eastman Kodak 78'. 77 77 77 ! Owens Bottle 78’, 76’, 77’% 77 I Gillette 14'; 14 14 14 Hidden 16 14’, 15 s , 15'; Gotham Silk 12', !!’, 11’, 11 s . I Inri •• Ravon 67 64', 65'. 64’, Inter Rapid Tr 7'. 7', 7', 7', Real Silk Hose. 14'. 13'. 13'; 13 • a New York Curb Bv Abbott Hoppm A Cos.) - July 26 Alum Cos of Am 69 ! Close Am Bev 3 Imperial Ot! ... 13', A C's P A Lt B t*. Lake Sh Mines. 42'; Am CN an B. 10’. Lone Star Gas.. 9\ Am A For Pvvr 9 Nall Bellas Hess 2’. Am Gas A FI 36 Niag Hud Pwr.. 10’, Am Sip Pwr s’, Parker Rstprf. .. 57' Ark Nil Pwr lAt 2’. Prnnroad I S A* o Ga A l'j Pioneer O Mines 13 Atlas Ut Corp . 14 St Regis Paper . 6 Bra 7Tr A- Lt.. 14 Salt Creek Prod 6 s , Can Marconi 2’, Sega I Lock .. 1 Cent Sts E! 2’, S’d Oil of Ind . .30 Cities Serv 3’, Std Oil of Kv.. 17’, Com Edison 66’, Slut. . 14'. Cord 9' United Founders 2', Ei>!er Elec I’, United Gas 4 s , El Bond ASh 27 Un I t APr IAI s’, k"U of Eng 4’, United Verde 4'. F >rd Motor Can 15 Woolworth Lmtd 2 Hudson Bay M 10'. Wrt Hargraves.. 7'4

Produce Markets

Delivered In Indianapolis prices: Hena. heavy breeds over 4'.- lbs. 10c: Leghorna. 7c. Broilers: Colored sprineers 1 1 j ibs. H’ 13c sprineers tLeehorm. l'j lbs. up. ■( bareback* 7c cocks and stae*. 6c. Leehorn cocks and Leghorn stags. sc. Ducks, large white, fu i leathered and fat. ver 4 lbs. 4c: small and colored. Ic. - e. e. f-...; feathered and fat. 3r. Young g'l l(>- 20c; old g . .liras. 15c. F.ggs—No. 1 fresh country run ecus. Hr. Each full egg ra-'e mus- weigh 55 lbs. gross a deduction of 10c per lb for each lb. under 55 lbs. viros sw-ii! he made Butte: No. 1 26® 27c: No 2 24 •: 25c Buttorfat 20c. Quoted bv the Wadlev Company. BV I NT TED PRES CHICAGO. July 27 Eggs Market unsettled. prices .nchanged Reveip’v 8 564 cases ex’ra firsts 1.3’ ,4, 13’ ,i. firsts U’ /-/ 1.3' ( c current receipts. ll®l]‘,c. iri.e-. 9’c Butte/ Marke: unsettled. Prices to ’’ 4 c tower, racoipts 13.87,9 uns specials. 2L’®22'c: extras. 21',r. ex’ra firsts. 2'..®21c. firsts. ! '(ones. 18 19c. standards 21';c Poultry Market s eadv . receipts. J’ .rucks; fow> 104/He: leghorn broilers. 7c leghorns 8 , curks 74,10 c: geese, 7® 9c: •urkeys. 10-.. tic. roos’ers. >?; broilers. 1. . /17c Cheese Twins. 13';®13’c; longhorns. 14./ 14'c. Potatoe- On track. arrivals .52. shipments. 272. maiket and--. Missouri and Kansas sack'd cobblers, 5-60-/2 70. New Jersey sacked cobblers, 53 ■/3 05 Idaho sacked Bliss Triumphs 5’ 'O. Maryland and Virginia barrel cobblers. $5 05 / 5 10. NEW YORK Julv 27—Potatoes East - Island $2 .4 is per bbi . Southern $2 .3 e 0 per fcbj. Sweet Potatoes Quiet. basket $1 25., 1 75 Son hern .'■''set. 75c .$2 50 Flour Firm, springs patents <7 25 /7 50 per sack Pork Steady Mt" <2O per bbi Lard-Higher Middle *s £ipot. $7 104,7 20 per 100 ihs Peroleum Firm New York refined sl7. •rude Pennsylvania. $1 32-,/ 185 per bbi Grease Quiet br’wn. 3'. -:3' ; c per lb. 3'. i3'.-c per lb white. 3’ ■: 4c rot lb Common Hides Nominal Hides Ci v Packer, firm, native steers 15c butt brands, 14'.c Colorado* 14c Dressed P "'rv— Quiet turkeys. 13-.,30e. chickens 325 c broilers 13 19c fowls 10., 16c Long Island ducks 20.;25c Live Poultry S'eadv . geese 6.1 Rr. turkeys. 10 .15c' roo- ers 9c and icks 7 ■ 14c fowls. 9-/ 14c b c:s 9 ,21c. Cheese Active slate ’’hole milk fanev to specials. 2021' a c V 'ine America.* IS'.. ./18'jc Butter— Receipts 15 260 packages market weaker creatnerv h gher than extras 2S , ’-.-34c. c\ : v 92 scorr 23c first 90 to 9! score - - *c fits- $8 to 89 score 22.. 22' ,c ; econd s 21’,M21%c Eggs—Receipts. 19- - ’ , ases market weaker: special packs g in ' .al hennery selects 17.f2U •rriards 16 If .c firsts !>*- !Sc. second*. 13';'.fl4c mediums. 12® 13c dirties. 12012';C checks. 10’ 3 JUc. Births _ Girls 0 " . '‘6“ and Jeanette Brown. 2614 North Rn*v and Veila Hutton. 1441 West Thir-vv-insrn O; sand Ida Tvner 120 North Euclid. Arthur and Hazel Sauer 1124 Calhoun. Bnv* leman and Christine Jordan. 3901 O’lver Edward and Oma Sauer 1643 Fletcher. Harrv and Mabbl Fox 5514 Lowe!, girls Deaths bar m*cumon C i; CrOW 7 * 3142 Ken*oodorb:* M rr-fl Hcbbs 49 1449 North Dr nnv caret non*, a Mathtidr Frorhch 1. 1920 North Meria?an enromc nrohritis Marv E .?abr:h Jcohnaon. 79 3116 BroadscDitrarma Fannie N Andrews 63. 2804 Franklin p ace chronic myocarditis. Sail'" ' Mock. 78. #l4 East New York carcinoma. M:lo H. Stuart. 63. Methodist hoaoital. caremoma. H. Morison. 70. 539 West MerrUL uremia.

STOCK ISSUES HOLD FIRM IN ACTIVE TRADE New York Central Strong on Optimistic Earnings Report.

Average Stock Prices

Average of thirty industrials for Wednesday. 95 50. low 92 23. ia.-t 95 25 up 222 Average of twerty rails 47 87 46 34 47 25. up 27 Average of twer’v utilities 32 48, 31 43. 32 25, up 6A Average of for'v bonds 88 07. up 20 Average of ten first rails 93 37. up 12. Average of *en econd rails 75 47. up 18 Average osier. utilities 94 91 up 03 Average oi ten industrials 88 52. up .52 BY ELMER C. WALZER United Fre* Financial Editor NEW YORK, July 27—Railroad shares featured a firm opening on the New York Stock Exchange today. A majority of issues of all groups joined the advance in moderately active turnover. New York Central ros° l 7 s to 44 1 2 on 4,000 shares on Its income statement. In June the road had net operating income of $4,384,956. against $192,052 in June, 1932. Pennsylvania, which also reported a sharp improvement in net operating income, rose 14 to 35 s *. Lackawanna was at 33. up 1; Union Pacific 113 1 *. up Atchison 63, up 1\; Chesapeake <fc Ohio 43 4, up 1; and Baltimore &. Ohio 294, up 4. J. I. Case spurted 24 points to 734 on the first sale, but lost part of this in subsequent transactions. Mail order shares made small gains. Bethlehem Steel rase to 40, up 2 points, after opening at 38 4. Other companies engaged in shipbuilding were strong. Electric Boat rose to 74. up 4, and New York Shipbuilding 20. up 14. Steel common which opened at 54 rase to 54 4 up 4. American Telephone was quiet around its opening of 125 4 up 1.

Bank Clearings

INDIANAPOLIS STATEMENT —July 27Clearings $1.765 000 00 Debits $5,249.00000 TREASURY STATEMENT Julv 27 - Net balance for Julv 25... $845 157 356 64 In' Rev Rect for Orv . . 2.314.034 78 Customs rect*.. mo. to date.. 18.910.310.16 New York Bank Stocks ißv Abbott, Hoppln & Cos.) —July 26Bid. Ask. Bankers 65 65’ 4 Brooklyn Trust 118 128 Central Hanover 143 145 Chase National 29 1 '; 30 Chemical 1C a 37 National City 32’ 33'* Corn Exchange 57'a 58'a Continental 15 15* Empire 20 s 21U First National 1.455 1.375 Guaranty 316 318 Irving 19H 19’ Manhattan A- Cos 29' 29 s . Manufacturers 18 18 s * New York Trust 96 s 4 97’ 4 Public .32‘a 33'a Liberty Bonds Hu L'nilril Prrtt NEW YORK Julv 26.—Closing Liberty bonds ‘Decimal* represent thirty-seconds.’ Liberty 3'as 32-47) 102 26 Liberty first 4>,s .32-47> 10130 Liberty fourth 4' 4 s 133-381 101 27 Treasury 4' 4 s <47-521... 110 Treasury 4s 144-54. 106 8 Treasury 3’ 4 s 146-56) 104 23 Treasury 3*s '43-47' 102 19 Treasury 3’s ‘4l-43' March . 102 12 Treasury 3 s s i4O-43' June ... . 10212 Treasury 3's <46-491 100 11 Treasury 3s 151-551 98.31

Daily Price Index

Hu 1 nitrd Prrtt NEW YORK. July 26 -Dun A- Bradstreet s dailv weighted price index of thirty basic commodities, compiled for the United Press 11930-1932 Average 1001 Todav 105.66 Tuesday 104 57 Week ago 112 99 Month ago 97.34 Year ago 76.55 1933 high (July 18) 113.52 1933 low /Jan 20> 67 86 'Copyright, 1933. Dun A Bradstreet. Inc.i

Bright Spots

Bv United Pres* Commercial Solvents Corporation reports June quarter net profit of $412,920, compared with $295,820 in corresponding 1932 quarter. Shwerin-Williams Company increase wages 11 per cent, effective Aug. 1. Kelvinator Corporation reports second quarter net profit of sl,414..564, new high record, and compared with $7.30,002 in like 1932 period. Southern Railway reports June net operating income of $1,731,395 against deficit of $348 843 in June 1932. Granite City Steel Company reports June quarter net profit of $111,079, against net loss of $80,325 in preceding three months. Standard Brands Inc., reports second quarter net income of $3.567 140. compared with $3,180,059 in preceding quarter. BREWERY ORDERS AHEAD OF PRESENT CAPACITY Frank Fehr Company Adding New Employees Daily. Hu Timrt Special LOUISVILLE. July 27. Frank Fehr Brewing Company now is in production at the rate of about 400.000 barrels annually, making it one of the ten largest operating breweries in the United States. Frank Fehr. president, said today. The firm is adding additional employees daily and about two hundred are on the payroll at the present time. The companys new brew house, the only entirely new one built by any brewing company in the country since beer was legalize, has just been completed. The company already has a wide dealer representation in Kentucky. West Virginia. Ohio, Tennessee. Louisiana. Florida and other southern states. Orders on hand now are in excess of. what can be filled intially. CHICAGO FRUIT MARKET H V United Prrtt CHICAGO. Julv 27 —Frtiit and vegtab!e quotations apples— Illinois and Michigan Transparent* bushel $ 75 1. Michigan Duchess, bushel. $ 75-./ 115 Cherr.es Michigan Sour. *l® 1 25. sv *e\ 50*, ; 75 Blueberries Michigan s2*/2.75; Blackberries- Michigan. $1 50./ 175 Canta-loupe*-Indiana. $1 25*1 165 fia’ i 50® 75 Gooseberries Michigan, $2 50 Carrots- Illinois. l‘j®2’;c Beets—Uinms. 1® 2c Radishes—lllinois 60® 75c. Lettuce— Westerns, $2 50® J 25 Cucumoers Illinois and Michigan I 50*/1 Peaches—lllinois t 75® 125 Cabbage—lllinois. $150.; 225 Peppers—lllinois. $1 Beans—lllinois and Michigan. 50®75c Celery—Michigan 40® 65c Corn- nitnoi*. $ 40Q1 Tomatoes— Illinois, 40® 50c. Michigan. 504,75 c. Currents. Michigan. s2*2 15 Onion Market— California—Yellows, bushel. M; whites, bushel. $1.75® lio Illinois—Yellows bushel. 50*i*5c Indiana— Whites, bushel. $1.50.

THE INDIANAPOLIS TIMES

INDIANA STOCKS AND BONDS

Th# foUowjnff Quotations do not rfpactual bsds or out m#rtiV indicate *hf aoproxirr.ate marker ieve t based on buvir.ar and selling inouries or recent transaction*. % * —July 2*?— STOCKS Bid. Ask. Belt Run A Stock Yard*, com 26 30 Belt Ball A Stock Yd* ofd 6~ 45 50 Cnt Ind Pwr ofd 7', 10 .3 Cltii#n* Ga* com 1* u. Citizens Gas Cos Ofd 5^....... 63 67 Horn# T A T Ft Wavn* Dfd 7', 36 40 Ind A Mich Elec. Cos pfd . 68 72 Ir. Gen Servlc*t Cos ofd 6~,.. 64 68 Ind Hvdro E>c Cos 7% 27 30 Ir.doU Gas Cos com . ........ 40 44 Indols Pwr A Lt ofd G .. 61 65 Ir.doU pwr A Lt pfd 640.. J* No Ind Pub S<*r-. Cos pfd 6' 64 68 No I r.d Pib Serv Cos pfd s‘;'. 34'; 38 . Indpis Water Cos ofd 5G.... 88 92 No Ind Pub Serv Cos pfd 5';% 334 3. ; Ind Pub Serv Cos C', ._ 3o 4 39 ; No Ind Pub Serv Cos ... 39'; 42 a P ibllr Ser Cos of Ind pfd 6_ 13 16 Public Serv Cos of Ind pfd .", 35 38 South Ind Gas A- E! pfd 60 . 57 61 Terre Haute Elec ofd t% 40 43 BONDS Belt R R A Stkvds 4s 1939.. 88 92 Citizens fv * Cos 5s 1942 84 88 Home T A ’.V 54s 1955 96’a 1004 Home T A T W 6s 1943 98 102 Indpis Gas Cos 5s 1952 *6 *9 Ir.dpls Rys Inc 5s 1967...... -9 32 Indpis Water Cos 4';S 1940 .. 98'; 100’; Indols Water Cos 5s 19Jg>.... 93 9. Ir.dpls Water Cos 5s 1970 ... 92 95 Indpis Water Cos 54s 1953...100 103 Ir.dpls Water Cos 54 1954 ...100.. 103 Kokomo Wat Workrs 5s 1958 . *8 ; 82-. Lafavelte Te! Cos 5s 1957’ .... 83 87 Muncie Water Worgs 5s 1939 . 92 96 Rtehmond Water Works. 1957_ 85 89 Terre Haute Water Wk 5s 1956 83 8. Terre Haute Wat Wk 6s 1949. 93V, 97'k Traction Terminal Cos 5s 1957.. 45 49

Chicago Stocks —Bv Abbott. Hoppln & Cos.

TOTAL SALES, 57.000 SHARES —July 26 High. Low. Close. Acme Steel Cos 32 A-bfx;os Mfg . 4 s * 4 4'* Asso Tel & Tel 7”. 10 Assoc Telephone Util . s . Associate Xnv Cos . 46‘; Bistian-Biessing 84 8 84 Bendix Aviation 16'* 15 s * 16', Borg-Warner 16’* 15'; 16', EI, Biuce Cos 21 20 4 21 Butler Bros 4*- 4 s * 4 s , Berghofl 13 12', 12', Castle AM 14 Cent 111 Pub Serv pfd 26 25‘; 26 Cent, 111 Securities pfd Cent A So West . 34 2*4 3', Cent ASo West P L pfd 24’* 23 24 s , Chi a North Western.. 12 II'; 11 s , Chicago Corp com .. . 34 3'. 34 Chicago Yellow- Cab .. 12'; Cities Service 4'* 3 s * 4 Cord Corp 9 s a 9'; 9‘. Crane Cos ... 9 Crane Cos Dfd 49'. Curtis Lighting 74 Dexter Cos 7 Electric Household ... 10 94 10 Goldblatt Bros 20'; 19 s , 194Great Lakes Aircraft. ... I', Great Lakes Dredge. . 15', 14 s , 15 Grevhound Coro 1 34 1 Grigsbv-Grunow 3V 33 Houdaille-Hershev A... . .. 11 s , Houdaiiie Hershev B s', 4 s , 4’, Katz, Drug 21 Libbv-McNei! 54 Lincoln Printing 14 Lindsav Light ... 2 s , Lvnch Coro . ■ • 27 s , Marshall Field 14', 13'; 14 McGraw Electric 4 ... 4 s , Mickelberrv's Food Prod 5 44 5 Middle West Utilities . ... Middle West U 60 p A ... 24 National Leather 24 2 2 National-Standard 18 Nobhtt-Sparks Indu Inc ~ 24 Northwest Engineering . .. ... 6 Perfect Circle 24 Pines Winterfront .... ... 3'i Prima Cos 27', 26 274 Reliance Mfg Cos 12 Sears Roebuck ... 314 Signode Steel Strap pfd . .. 7 Sivyer Steel Cast 9 84 9 Standard Drede Cos pfd .. . . 3', Studebaker Mail .. 4 Studcbaker Mail A . 4 Swift A Cos 194 18’, 19 Swift Internacional 26 4 24 4 25 4 Telephone Bond & Sh A 2 Thompson JR 11 U S Radio A- Tel 14 13 s , 14 Utah Radio 14 14 14 vortex Cud Cos 8 74 8 Wahl ... 1 Walgreen Cos com 17’, 174 17 s , Zenith Radio 2 s , 24 2 s ,

Investment Trust Shares

(Bv Abbott. Hoppin (fe Cos.) —Julv 26 . Bid. Ask. Amer Bank .Stocks Corn 1.18 1.31 American & General Sec A... 5.25 6.25 Basic Industry shares 3.23 British Type Inv Tr Sh 82 .92 Collateral Trustee shares A .. 4 50 4.75 Corporate Trust shares (oldt 215 Corporate Trust shares (new). 2 30 2 37 Cumulative Trust shares 4 00 Diversified Trust shares A 6 12 Diversified Tnßt shares 8 25 Diversified Trust shares C 3 08 3.18 Diversified Trust sharrs D . 495 505 First Insurance Stock Corp 7 1 62 1 79 First Common Stock Corp ... 1.11 1.23 Fixed Trust Oil shares A.... 700 Fixed Trust Oil shares B 620 Fundamental Trust shares A . 4.12 437 Fundamental Trust shares 8.. .3 90 3.94 Low Priced shares 5 62 Mass Inves Trust shares ...18 43 20 02 Nation Wide Securities 3 43 North Amer Trust shar '1953t 180 North Am Trust shar <55-56* 2.47 2.70 Selected American shares ... 262 Selected Cumulative shares ... 672 6 85 Selected Income shares 357 3.70 Std Amer Trust shares .. 296 3.02 Super Amer Trust shares A 2.85 Trust. Shares of America 3 05 3.15 Trustee Std 0:1 A 485 515 Trustee Std Oil B 4 25 4.50 U S Slertric Light A Pow A IS 00 Universal Tmst shares 2 75 2.85 NEW YORK COFFEE FUTURES —July 26RIO High Low Close. March 6 38 6 30 6 36 Mav 6 44 5 96 6,44 Julv 5.65 September 6.00 588 5.98 December 6 23 6 16 6.23 SANTOS March 8 52 8 47 8 50 Mav 8.58 8 55 8.57 September ..... 8 17 8 09 8.15 December 8 42 8.34 8 39

HORIZONTAL Answer to Previous Puzzle 21 What is th* 1 Woman in the fo]_|L LOYDGEORGEI 15] lad V ot 1S Noisy. pILMIITS GEOC6E ENNjQCS ‘4 17 Who helped feTT^■ ■ GJls] er 5 ,ast this woman —* 30 Roofachieve fame? 33 In the midd 'i e> IS The pictured A T L, A -A NI P E 35 Market lady is the B -£- L R O.P 36 Indian in owner of a ORZMR'&f. M, I Oklahoma. station? Q _JY ANJHE. A3B A term 20 Southeast. LSTILH A PI IT VPE SHU often applied 22 Rone. 51 Narrow 3 Not speaking. t 0 a 24 By-product of opening. 4 Ages. man in smoke. 55 Silkworm. 5 Half an era. political -6 To meditate. 56 To respond to 6 Ditch. .office. _ 28 Average. a 7 Low vulgar 40 She is ,h * 29 Indian. 5S Crowning tuft. fellow. head of 31 Chaos. 59 Stone. 8 Formally Temple? 32 Toward. 61 Follows. . neat 44 To squander. 33 Wine vessel 63 One over- q Deil y 46 Seventh note. 34 To wander. solicitous. 10 Ju j flower . 4 ! 36 Foretoken. about nicety 11 To woo. Jo To Sieve' 3. A barbarian. in spee ch. 12 Natural 50To relieve. 39 Valuing. 64 Rubbish. cower 52 Street (abbr.). 41 To sin. 65 Panel with a , 53 Turf 42T0 bow. sculptured . . 't. . 54 Above. 43 You and me. rosette. d ? es , the lady 55 Poem. 45 To make lace. cf . the P lcture 57 Young bear. 47 E ra VERTICAL advocate 60 Constellation. 48 Morindin dye. 2 Neuter IS To stir up. 62 Note in scale. 49 Monkey pronoun. 19 Exterior 63 Italian river.

_i L, 22 £2> '25 ' 2b c.l 29 _ 1 iTn 43 47 j 49 50 WSSST pTsTpr _ 57 WS'SB 50 GO :j 1 pw~pM rr I n PI I I iTtu

HOGS ADVANCE 10 TO 2D CENTS AT CITY YARDS Good Steers Scarce. Steady in Cattle Mart: Sheep Unchanged. Hogs showed good strength at the city yards this morning, prices moving up to 10 to 20 cents over Wednesdays value. The bulk, 160 to 325 pounds, sold for $4 70 to $4.85, prices divided as follows: 160 to 200 pounds, $4 70 to $4.80; 200 to 275 pounds. 54.80 to S4 85; 275 to 325 pounds, $4 60 to $4.80. Weights of 140 to 160 pounds brought $4 to $4.75. Light pigs sold down to $2.75. Packing sows brought $3.60 to 54.10. Receipts were estimated at 6.500. Holdovers were 409. In the cattle market good steers were scarce and steady. Lower trend was apparent on other kinds. She stock showed little change. The bulk of steers sold for $4.50 to $6. most heifers making the market at S4 to $5.75. Cows brought $2 75 to $3 50. Receipts were 600 Vealers were 50 cents lower at $5.50 down. Calf receipts numbered 500. Better grade lambs were unchanged with few available. The bulk of sales were made in a range of $7 50 to $8 with a top price of $8 25. Lower grades were dull, selling mostly at $7 down. Receipts were 2000. Stronger tone developeo in hog trading at Chicago, with few early bids around 5 to 10 cents higher than Wednesdays average. The bulk of good to cnoice weights from 210 to 250 pounds was Lid in at $4.75. Other classes remained inactive. Receipts were estimated at 16.000. including *IOOO direct; holdovers 3.000. Caule receipts were 5.000; calves, 2,500; market unchanged. Sheep receipts numbered 7.000; market steady. HCGS July Bulk Top Reprints 20. $4 60 M 4 75 $4 80 9,500 21. 4.75i 4 90 500 5.500 22. 4.70* 4 85 4 90 4.000 24. 4.70 14 85 490 9 000 2b. 4 45ti 460 465 12.000 26. 4.554/ 4 70 4 75 5 500 27. 4.704. 4 85 4 85 6.500 ... „ Market, hixh#r. <l4O-160) Good and choice .$ 4.oo*ii 4.25 —Light Weights—-<l6o-180i Good and choice ... 4.704 J 475 'IBO-200* Good and choice 4 75)/ 4 80 —Medium Weights—-'2oo-220' Good and choice . 4 804/ 485 *2OO-250) Good and choice 4 SO'-i 4 85 —Heavy Weights—-*2so-290) Good and choice . 4 70'<i 485 *290-3501 Good and choice .. 4.554/ 480 ... , —Packing Sows—*3so down! Good 3 654/ 410 *350 upi Good 3 50-/ 4.00 *IOO-130) Good and choice 3 004. 3 65 —Slaughter Pigs—-(loo-1301 Good and choice ... 2.754? 340 CATTLE Receipt*. 600; market, steady. (1.050-1.100) Good and choice $ 5 754 t 725 Common and medium 4.25</t 575 (1.100-1.5001 Good and choice 5 754? 7 25 Common and medium 4.50® 5.50 . —Heifers—-(sso-750) Good and choice 5.254? 6.25 Common and medium 3.504* 5.25 (750-900* Good and choice 4.50® 6 00 Common and medium 3.25® 4.50 —Cows— Good 3 25® 4 00 Common and medium 2.509 3 25 Low cutter and medium 1 50® 2.50 —Bulls (yearlings excluded* Good (beef 1 3.00® 3.50 Cutter, common and medium.. 2.00® 3.00 VEALERS Receipts. ,'00; market, lower. Good and choice . . $ 5 004? 5 50 Medium 3 504/ 500 Cull and common 2.004. 3.50 —Calves—-(2so-500) Good and choice 3 5095 00 Common and medium 2.004* 3.50 —Feeder and Stocker Cattle—-(soo-800’ Good and choice 4 50® 575 Common and medium 3.00® 4.50 (800-1.5001 Good and choice 4 50 ® 5.75 Common and medium 3.00® 4.50 SHEEP AND LAMBS Receipt,. 2.000; market, steady. —Lambs. Shorn Basis—(9o lbs. down) Good A choice $ 7 25® 8.25 (90 lbs. down) Com. and med. 4 00® 7.25 —Ewes— Good and choice 2 00® 3.00 Common and medium 1 00® 2.00 Other Livestock BY UNITED PRESS CLEVELAND. July 27 Cattle Receipts. 155. market slow and practically at a standstill; few cattle sold at stradv prices; choice steers. 750-1.100 lbs., 56.50 4/7: good heifer, 600-1.000 lbs. *5.50® 6.25; good cows ail weights. $3,504.4; bulls, $2 504/3 25 Calves- Receipts. 350; market steady in slow trading; close quiet choice to prime. $6.50 / 7 50. Sheep Rc> ;pt* 1 000; marke’ steady with all lambs cleaned up at the close: choice spring lambs mostly *7.504)8; common and cull. *5 down. Hogs Receipts. 1.000. market Relive and 20 cents higher on all hogs: pigs steady to 25 cents higher; all sold early; heavies. $5.10; choice porkers. 150180 lbs.. $4 854/5 10; thin and common hogs. $4 85: stags $2.50: roughs, S3 50; pigs. *3.so">i 4.

Todav and Tomorrow r Recovery Plan Will Work Gross Injustice If It Smashes Helpless ‘Little Fellow.’ BY WALTER LIPPMANN

IN h),s radio speech Genrral Hugh Johnson announced that the bulk of all industry" already has joined the campaign to rause wages and reduce hours. More specifically, he announced that practically the whole of the iron and steel, textile, automobile, bituminous coal, lumber, garments. shipbuilding and petroieum industries, and in addition more than 200 smaller industries, had joined or given assurances that they would join. This is. on its face, a substantial response, although it scarcely touches the very great mass of small employers in the neighborhoods and suburbs of cities, in the towns and villages of the country. Humanely speaking, the question is whether the administration intends to concentrate its efforts on those industries'^

which have come forward because they are sufficiently organized to qualify ultimately under the more detailed codes, or whether it really means to make this drive "universal" and carry its threats and its appeals to all the little workshops and stores throughout the length and breadth of the land. Asa matter of justice and in its practical consequences. ir will make a vast difference whether the administration decides to be discriminating and selective. spending its efforts where results are possible, or whether it really means to incite the people to badger and boycott those who can not take part. a a tt 'T'HE case for increasing the real income of the -I- workers in the basic industries operated by large corporations is excellent. Thus for example, if one

compares wholesale prices, wages and net profits of the 536 chief business corporations in 1926 and in 1929. it appears that in that boom ueriod wholesale prices fell 3.5 per cent, wages rose 1.8 per cent while net profits rose 25 per cent. Here was ah obvious profit inflation i nthe sense that profits out-

stripped the purchasing power of farmers, miners and wage-earners, j Such a profit inflation led inevitably j to overinvestment in relation to the consuming power of the community, i and undoubtedly was one of the major causes of the depression. Now there is good reason to think that during the last four years the leading industries so greatly have reduced their costs of production that with anything like the old volume they would quickly earn enormous profits. There are indications of this in , the rapidity with which the Steel Corporation and General Motors reI cently have increased their net | earnings. It is clear, therefore, that J for a sound and stabilized recovery, jit is essential that there should be ! a better distribution of the earnings of industries capable of making great profits. The better distribution should be i had by raising wages, improving working conditions, and in many instances by lowering prices. a a a SO far as the blanket code is inspired by this conception of | affairs, it is as sound as any highly generalized plan could be. The administration justly may demand the participation of the large corporate ! enterprises. I Even when the scheme is difficult to apply in particular cases, no great hardships or danger is involved. For the larger corporations and the trade associations are in a j position to make representation in j Washington and work out adjustments and compromises. But for the smaller employers there is. to begin with, no prima facie evidence that they ever injoyed the profit inflation of the boom, and none that they can quickly make large profits now. | They are, moreover, not in a position to go to Washington and argue with General Johnson. Therefore. it seems to me that it is most cruel and unjust to arouse public opinion against them with slogans and buttons and placards. Who is going to distinguish between the shopkeeper who is pocketing good profits and the shop- ; keeper who just is managing to exist? Are we really going to let loose from Washington with all the mass appeal of modern propaganda a public opinion which is quite incapable of distinguishing between what Washington is beginI ning to call "the slacker” and the | man who would like to have his butj ton and look like a patriot, but simply has not the money to get his i button? a a a ; r T~'HIS plan is good enough foi 1 the well-to-do and the powerful. They can and should be brought into it. But for the weak and helpless, it is brutal, and if carried through with ■ martial spirit, will inflict upon them wholly unwarranted humiliations and losses. There is nothing men resent so much as being compelled to do things they can not do and being punished when they are innocent. ‘ j All over this country today there ! are men with little shops who. in | the face of incredible difficulties just i have managed to stay in busi- | ness. Walk down Main street in almost 1 any small town and see the empty stores, and you will realize how terrible has been the struggle to survive. It is intolerable, to my mind, that the federal government should new j reach into these towns and. withI out any investigation of the facts, without any knowledge of i ach ; mans circumstances, presume to i make public judgments as to whether this man or that is a slacker or 1 a patriot. Where, I should like to know, does it derive the right to do that kind of thing? In what statute is there sue!? a grant of power? In what principle of American government is there the authority for such an inquisition? a ti tt THE idea of reaching out to force every one into such a scheme by the sheer force of public 'opinion is not only utterly unjust, but it is a case where the remedy ; will aggravate the disease. To foment discord and discrimination. boycotts and bitterness in *he neighborhoods of cities and in the tow ns is no way to revive business. Suppose John Smith on the corner takes on three more men. gets his button, and Tom Brown down j the street can not take on more ' men, does not get a button and loses to John Smith a part of his customers. j What have you accomplished? ( Probably you have ruined Tom Brown, who then defaults on nis ‘ lease, stops paying his taxes and can not meet his mortgage. Does j any one seriously think that kind 1 of thing will make us prosperous? The vice of the scheme is that it does not and can not take account of the Tom Browns, who would like to have their buttons but can not pay the price. Upon them it threatens to unloa'e a mob spirit, and. once the mob spirit is loase. it is farewell to j net ice and sympathy and decency among men. (Copyright. 1933) NEW YORK RAW SUGAR FUTURES -—July 26 High. Lo*. Clos# j Jtmuur 154 1.51 154 Mreh 15* 155 158 Mar 1 63 1 61 1.63. Juiv 1.68 1 65 1.6*. September 1 47 1 44 1.47 i ’December 1.53 LSO i.53

Lippmann

In the Cotton Markets

—July 26 CHICAGO High Low Close. January 11 14 10 84 11.14 ,‘|- ,rrh 11 30 11 08 11 30 •'J".''. 11 46 11 33 11.66 Oc'obor 10 89 10 56 10.89 December 11.12 10 75 11.12 NEW YORK January 11 08 10 84 11 05 March 1137 11 03 11 23 May 1142 11 19 11 41 October 10 78 10 51 10 74 December 10 99 10 72 10.97 NEW ORLEANS January 1102 11,00 1102 March 11 hi in 9h 11 lit •M>' 137 11 14 11.34 OCoter 10 76 10 46 10 74 December 10 97 10 09 10 94 Other Livestock RY UNITED PRESS ** u h' 27. Hogs Receipts. 16.. 000. including 4.000 direci. mostly s*/10r higher than Wednesday. 200-300 lbs . $4 65 4/ 4.75: 170-190 lbs.. $4.50*14 75, pig. and I ‘*. h ** $3 25*/ 4.50, packing sows. $3 .54/4.15; light lights. 140-160 los . good and choice. $3 854/4.50, light weights 160200 lbs., good and choice. $4,354/ t ,5 medium weights, 200-250 lbs . good and choice $4 70 )4 80 heivy weights. 250-350 lbs., good and choice, $4 50i/4.75: Backing sows -75-550 lbs . good and choice. $3.50® 4 25 slaughter pig:. 100-180 Ids, good and choice. $3.25 *: 385 Cattle Receipts, 5 000 calves. 2.500, strictly good and choice fed ucers and yearlings lully steady, middle g.ades predominating, slow, steam not much beef in run; best 1.324 lbs , bullocks $7 30; 968 lbs , yearlings. $7: bulk of steers of value to sell at $5.50® 6.50; yearling heifers, slow and weak, other killing classes mostly steady; vealers steady; largely at *5.254/6. with selects making $6 50 and better; slaughter catt.e and veajer steers. 550-900 lbs . good and choice. $5,504/7 25; 900-1.100 lbs. good and choice. *5.50® 7.25; 1.100-1 300 lbs. good and choice. $5 75/7 40. 1.300-1.500 lbs. good and choice. S3 754/7 40; 550-1.300 lbs. common and medium. $3 25 /5 75 heifers. 550-750 lbs., good and choice $5 254/6 25; common and medium. *3 254/5 25; cows, good. *3.754/ 4.75; common and medium, $2,751/ 3.75; low cutter and cutter. S1 75 1 2.75; bulls (yearlings excluded' good ■beeft. $3 254/4; cutter, common and medium. $2 754, 3 75. vealers. good and choice, $5,504/6 50; medium. $54/5.50; cull and common. $3 755/5; storker and feeder cattle. steers, 500-1,050 lbs good and rhoice, *4 50® 5.75; common and medium. S3 t 4.50. Sheep-Receipts, 7,000; fat lambs mostly steady but in-between and tower grades under pressure; throw-outs 25c and more lower; city butchers and traders buying at *8.254/8.35; bulk to packers at $8 wodnward: dry fed yearlings. $5 75; steady; slaughter sheep and lambs, lambs. 90 lbs down, good and choice. *74/8 35; common and medium. S4®7: ewes. 90-150 lbs., good and choice. $1 254/2 75; all weights, common and medium. sl4/1.75. PITTSBURGH. July 27—Cattle Receipts. 100; market, steady. Hugs Receipts. 1.500; market active Higher: prime heavies 240-300 lbs. $5-/5 10. heavy mixed. 210-240 lbs., $5,104/5.15. mediums, 180-210 lbs.. S5 104/5 15. heavy york* rs, $4 90-/ 5 10, light \orkers. 120-145 lb* . *4® 425 pigs. 90-11$ lbs , *3*.(3 40; roughs. $3.50® 4 Sheep and lambs- Receipts, 1.200; market steady; lambs good to choice. $6 504/7 50: medium, s3</sao. light, fat lambs. $5--/6 50; sheep wethers, prime, $2 504/3: fair to good, $1.75® 2 25: ewes, medium to choice. ll®2 Calves Receipts 150; market lower: vealers good. *64/6.50. medium. $4 754*5 25; heavy and thin. s3® 4. EAST BUFFALO. July 27 Hogs- On sale. 1.600; 10 to 15c higher; good. 190240 lbs. held up to $5.25. mostly. $5.10/ 5 15, w ith a few at $5 20. lights* eights and pigs, slow, under 150 lbs . $44/ 4 50. packing sows, $3.25 */4 Cattle Receipts. 225; steers and heifer market slow, unevenly lower; few common to good grass steers and heifers. s4® 5.50; row sand bulls steady: medium to good cows. s3*/3.50; cutter and low cutter. $1 504/2 50 Sheep R-ceipts, 1.000. lambs slov . 25c lower: good 1 o choice ewes and we! hers, $8 •/ 8 50; medium, common light lambs extremely dull. FAST ST LOUIS. 11l . July 27 Hog*— Receipts. 7,500; market, active 134/25c h’.ghpr top. 54.75, bulk. 170-270 ibs . 54 65 4/ 4 75. 140-160 lb*. $3.754,4.50 100-130 lbs. $2,754/3.50; packing sows. $3 50-/3 75 Cattle-Receipts. 2 000 calves. 1 000, maiket steers in light supply, packers showing interest; mixed yearlings and heifers about steady in a slow trade, cows and vealers steady, lower undertone on sausage bulls: a few heHcr: $4 50-/5. cows. $2 504,3 25. low cutters $1 50-/ 1 75. good and choice vealers $5 50 slaughter steers, 550-1.100 lbs , gnod and choice. $5.504, 7, common and medium $3 504/ 550 1 100-1 500 Ibs choice. $6 504/6 75 good. $5 754/6 50; medium. $4.50-/ 5.75 Sheep Receipt' 2.500; market, opened steady; early bulk of lambs to packers. $7 .504/7 75: top to shippers and city butcher.-. $8: buck lambs one dollar less common throw-outs. $3 50, fat ewe* sl/2 75 lambs 90 ibs down good and rhoice $7 8 common and medium $3 504,7. yearling wethers. 90-110 lbs. good and rhoice $4 25® 5 50. ewes. 90-150 lbs. good and choice. $1 504/ 2 75; all weights common and medium st-./2 FT WAYNE Julv 27 Hog*. Marke* 15c up: 250-300 lb* 54 85 300-350 :0s $4 70. 200-250 ibs , *4.75. 170-200 lbs . $4 65. 160170 ibs $4 45 ’.,50-160 lb' $4 25 140-150 lbs $3 95. 130-140 ibs s3’s. 100-130 ibs *3.25: roughs. $3 25® 375 stag* *2® 2.25 Calves. $5 s0; lambs 17 75 Caule Steadr s’eers. good ar.d choice $5-4,50 g :a* ster*. good and choice $3-/3 50: medium ar.d good s3® 350 fed heifer’ good and choice. $4 50 ®5. gra*s heifer- good and choice, $44,4 25. medium and good $3-/4 common and medium. s3® 3 50. rows good and choir*. *2 50 ® 3 medium and good $2 ® 2 50. cutter* *175®2; eanners. SI-/1 50. bulls, good and choice *34,3 2.4 medium and good. $2.503 3. butchers, good and light. $34/ 3 50 CINCINNATI Julv 27 - Hoc** Receipts 3 500 head. 873 direct and through 350 head held o'er: generally 15 cents higher on 250 !b*. down, weightier butchers lOtta higher than Wednesday. top and bulk gcod to choice, 180-250 Ibs *5 most 250-300 Ibs $4 74 s4 85 ’.7-180 lbs $4 7’ It lbs *4 50 150-160 ;bs $4 24 130-15'* lb' S3 50® 4 ra-~k:r.g •"**. strong to 25c u.gr.rr a- *3 50 ®3 75 Cattle Receipts 350 head calves receipts. 250 head, slow, around s’eadv: outlet for grassy kinds erv limited: medium to good steers ar.d heifers mcstlv $4 25 ,450 odd lots to $6 common kinds on down to *3; beef rows mo".iv *2 50 ®3 50 a few *3 75 low cutter* ana cutters *l2s® 2.25 mos* bulls *2 25® 325 good to choice vealers. *4 50-*/5 50: plainer* *3*7 4 weighty grass*, calves not wanted Sheen Receipts 2 000 head generally full-.- -eadv Miter grade- of iamb* cor.t mued scarce a few tales good to choice, ewe and wether offerings. S7 75850 medium kind* *s® 8 50. some mixed $6 50 ' 750 common kinds. *44, 5 c .:.*. on down to *3: a few slaughter ewes *lv, 2 LAFAYETTE July 27—Marke- $ c to 30c higher. 226-2.40 lbs. $4 75; 250-275 lb $4 70 276-300 los. $4 60, 301-325 lb--1445 201-225 lbs. *4 70. 191-200 lb* $4 65 171-190 lbs *4 55 151-170 lb* 44 141-150 lb* 13 75. 131-140 lb* *3 40 121-130 lb*. $3 100-’,2C lb* $2 60 ro ighs *3 60 down; top calves, *4 50 top iambv s7® 7 25. Hu Tim-• Special LOUISVILLE Julv 27.—Cattle Rece;p*s 150 slow around steads ■...< oe-'er gra ■eer* ar.d heifers *4 •• 475 platne: kinds down to *3 and less better finished fed kinds $54,5 75 b :1k beef r-.a - $2 50 -3. lew nicer- and cutter $7 504,2 25. c. I* mo--'*- $2 75 down mo’ 'terse-* and feeders $4 down calve*. 25c sealers *ak due to s'rict sort top *4 50 for choice kinds: bulk 14 down Hues R"*ce;p!1 000 market. 15c highfr finished 215-300-lb weights $4 85: sharp discrimination against unfinished kmd best 30-1 ~* .p *4 45 140-185 Um *3 9‘ 164 122 25 sows $3 35 stags *2 40 Sheep Receipts. 1 000 supply light and quality plain; market mostly steaav bu.k better truck lambs *7 25® 7 50; choice scarce eligible hither bucks mostly *6 25® 6 75, i .mmature light lambs. *4 down fat ewes, *Hf2; bulk better stock ewes. *6® 7 50 per head. Receipts Wednesday; Cattle. 114 calves. 815; hots. 765: she-p.v 1 99*. Shipments Wednesday: Cattle 26' calves. 92, Lon, 148. sheep. 164.

PAGE 11

WHEAT PRICES SHOOT UP ON BULLISH NEWS Heat Wave. Lack of Rain Keep Sentiment at High Pitch. BV HAROLD I RAINVII.LE I ruled r-es* Mart Corrrfondent CHICAGO. July 27—Sensationally bullish reports from the northwest shot wheat prices sharply upward as the Board of Trade opened today. Wheat started unevenly 4 1 * to 6 . cents hipher with the 3 cent upturn at Winnipeg a factor. The damaging heat wave in Canada and the American northwest was practically the only factor at the start. Rains failed to materialize The strength in wheat and the heat shot the coarse grains upward. Corn rose 1 \ to 4 - cents with December within cent of the upper limits. Oats I’p Sharplv Oats pained 2\ to 4 cents with September and December at the peaks and May only cent under the limit Rye was 4 $ to 5% cents higher and provisions gained around 20 points. Moisture deficiency in the spring wheat belts of Canada and America with a heat wave on both sides of the international line, kept sentiment intensely bullish today. Winnipeg opened more than a rent higher and Liverpool was more than a cent higher although lower in American exchange, due to a drop in sterling. Canadian crop estimates are being lowered berause of heat deterioration. Receipts today were 79 cars. Old Corn Held According to the government, on July 1. farmers held 600.000.000 bushels of old com. but the light receipts at terminal markets indicates an unwillingness on the part of j farmers to sell grain at these levels. Prices now have gotten far enough above the minimum levels set so that a full 5 cent swing up or down is possible, except on September. Receipts were 298 cars Oats and rye also were well above the minimum levels and the former is free to swing 4 cents, the latter 8 cents in either direction. Lard is m a similar position, but barley is | nl.v 3', cents above its in-ggecl levels Oats continued to show independent strength on the known bullish situation. Receipts were 53 cars. Chicago Futures Range WHEAT— ~ Julv 27 ~ .. K M corn lu i. i“: Seprrmbrr ... ,i 9 December ... ~,,* " |*. ; OATS - ' ' 3 ' ,O • *1 6B'* September ... 45®, 43 . 4 , December 49® / j} * Mhv J 6 48’, 48 : t RYE 53 s 51 * 52'-, .491-3 September . . 82'*. atr. aiii. number... g* g.J * gj* BARLEY— 93 93 S8 2 Senremher .. 65 65 63 'i .December ... 70'; 7o'-, CHICAGO CASH GRAIN ; Hu I nil• il I’rrm I ~.f ff fCACiO. Julv 2f5 Cash cram rlnga* Wheat No 2 .*ed 93 ,93 ' . No 1 hafd' 934,9' ,r. No. 2 hard. 92 . ,94c: No I oark hnrtL 94r: No. 1 mixed. 92', r No 60' m e"v n 9 V 92^v „ Corn No. 3* mixed 1 nu’d’ft 50c No ] yellow I ■■>! ,®o3- ; No. 2 yellow, 51 ’, „ 53c No 3 • rllow . SO -/52c: No 4 veiiou. 49' ../ 50c--0 vellow 44 1 4/ 46c No 2 vide :,2', 26(840c Oat* No. 4-1 3fi ,rr I N <l. 3 white 35’: c 3,'_r No o * white 35®35>..c Rye No sales. Bariev 42G6bc Timothy s4'., 425 H-25 Cash provisions l ard, $7 50 °°* f ' M IC " f D S 8011 lf * s - TOLEDO CASH GRAIN Hu T'nitcrt Prist . TOLEDO Julv 26 Grain close- (Grain m elevators, transit billlntr 1 Wheat No. 2. red. 98 •/99e, No i red 14, l' , c premium. Corn No 2 yellow sß', /59' a r Oat: No 2 w hite 43',® 44' -c Rv< No 2 78 ■ 79c Track price*. 28'. rent rß ?c , 'wheat -1 No 1 rd. 924,92'. r No. 2 red 90 - Sir Corn No 2 yellow 54® 55c No 3 yellow 534, 54c Oats—No 2 white 40' . '■/ 42c No! 3 white 404/ 41 'yC Toledo *.ced rloseClover Cash *8 50: October $8 75 Alslke—Cash $8.75: Auttus’ $9 ST. 1.01 IS I ASI! (.RAIN Hu f'nih il Pn tt ST. I/OUIS Julv 26 Cash Brain: Wheat In Bond demand !V-,3r hiqher No 1 j red 95hr; No 2 r. , 94c No 3 red 93®. ! 35c No 4 red 92'.-r N 5 >ed 90c No 3 j :ed, garhekv 84- 4,92'., n 0 4 red gari llfkv 87c. No 2 red m ittv, 92>,r No t hard, 92VP4r. No 2 hard. 90r. No 3 hard. 91' •4'93e. sample hard 88 .c. heavy , N . n 2 yellow hard. 91c; No 2 hard mixed, t 9l -/ 93’ .-c No 3 mixed 92c Corn In good demand. 14/2c higher. No 1 yellow 51’,r No 2 vellow. 514,52- No 3 / ||ow 50’ < c : No 6 yellow 45c. No 2 white :,3r Nr 6 55c Oats In fair demand. 34,4 c h'fhcr. No. 2 white 39’ ,e No 3 wh te. It/i'III I '*, N °, 1 36c No. 2 mixed. 38'j4/3,c. No 4 rr xed. 34c No Ireri 37c: No 3 r * d 3<c; No 3 red. 36c. No. 2 rve. 80c

Indianapolis Cash Grain

. . - Julv 26caUnf b is!. rar b-ts of gram ’ tha call of th* Indianapolis Board ~l Trad*. Lob sipping point, basis 41' a N*w Yrrit ra ; 4> wr re Wheat -S’rcng No 1 rad 8 ' 4 ®B6' ,rNo 2 rad. 84 .®BSGc No 2 hard 83A* Corn Strong No 2 whit*- 49® so. No 3 Wh.’f 48®49r No 2 vGlo- 42® 48ci c No '3 o m,xc 4 S M 43®4fo 2 3Xc W 3 4c N '° 2 * hU '' 34 i3SC NO ' . P* v Slr ,flv 'T 0 h country points akme 23 ,r or less rat*- >o Cincinnati or Lott:*-iilo 1 No 1 timothy. sß® 6 50: No 2 timothy. $5 so® 6 —lnspectionsWheat No 1 red 13 cars No 2 r*d 5 cars: No 4 rod i rar No 1 hard 4 cars. No 2 hard 5 cars. No 2 mixed. 1 car Total 28 car* Corn-No 1 white 1 c r No 2 white. 4 rarsf No. 3 white. 1 car No 5 white. 1 car No 2 vellow. 20 cars No 3 vel.ow 7 rar’ No 5 vellow 3 car’ No 6 vrllov 3 cars sample mixed 1 rar Total. 50 cars Oats—No 2 white. 3 car* No. 3 white. 7 cars Total. 10 cars. INDIANAPOLIS WAGON WHEAT Itv grain elevators are paving 83 cents for No 2 soft red wheat Omer grades on their merits 540,00(1 Bank Funds f reed Hy I nit' il Pr- tt NOBLESVILLE, Ind, J ily 27. Immediate relea.se of S4O 000 to depositors of the closed Cit.iicns State Bank was ordered by Judge Fred E. Hines in Hamilton circuit court late Wednesday. The funds ordered released by the court were deposited after the bank went on v restricted basis under the state banking moratorium Feb. 27.

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