Indianapolis Times, Volume 45, Number 75, Indianapolis, Marion County, 7 August 1933 — Page 11
AUG. 7, 1933
Wall Street All Wall Street Hails New Stock Exchange Rulings, but Evasions Are Not Uncommon. BY RALPH HENDERSHOT Time* Sp*rll Finnril Writer
Bankers brokers and ri-.'omers' men. t range as It may appear to r re:r;vfd rh“ new rulings of th New York Stock Exchange ent . . icailj Among a down or more questioned on the subject, not. c,r. ."..id any cnv.sm to offer The spirit of fair plnv. high business t .:. . r.< eliminauon ol unjust competition appears to have spread from Washington to Wall Street. Ah: l,< .. •].' case in general business in the past, the tendency 1; • h,. *o make hay while the sun wan shining. There v ~ . • ui :... .l.tr ho*..-- attempting to compel*• lor business <<i. a basis too far out of line with th* mothers, but
many were of the opinion that things would be better ali around if trading were done on a more conservative bams T;.e bull market of 1923 and ‘he subsequent deel.:.. t;> .gilt brokers a great many things. No one thing wa. more forcibly brought to their attention, how * ver than that a steady business over a period of two years is much better than a fea.it for a year or two and a famine for a similar length of time. a a a Evrn Trend Is Best Severe depressions in stocks, as In anything else, are brought about by unreasonable booms, and it is not always possible to store up a sufficient reserve .n th good times to take car.* of the needs of a bad time Many brokerage house., which were sitting on top of the world in 1929 were obliged to go out of business or to merge with some other firms b< fore the upturn took place lest month.
|J^V
Ralph IleiiclerslHit
: ri bound to < urb speculaucn. they nr ...•<> the commissions of brokers. Bn* the oro&rnge 1. i.i/i. ed to do a cons rvative business from now on. will L* • r . , •.. i c., toilers much longer than they have in the past. 1 . .• ol q iir-K and drastic losses are iikf’.y to be materially r* it .. and the hollows are thus reduced to somt extent r . r; turners better service over a period of years bt -made r to nan Workers Like Ideas, Too Th ■ V. r .I'. Wall Street like the nev. arrangements much better, to K . : . tii* . h.r.e b'-en worked to the point of exhaustion one m ii a;.<; ....ri off the next Even th* brokers who remembered the 1" of ;.1 ;r workers during the big trading days of 1329 —and ihe m .'. : thm did me financially unable to keep them on throtigh- . A :• k an i they were brought back and again kepi to 1 un';l till hour., of the night. Steps have been taken lately to 1 .:n .!;.■ 'it, to 'vo!k out better arrangements. B:r :.u.- tl. S'rect was all for the new rulings, the desire lo evade tl.ii v , *i .O'- manifest Here is an unusual example: A • in* ; ■ wind $7 .000 worth of stock in which he had an equity of _()o 11 id i debit balance of approximately 54.800. Under tin in . - was undei margined on the barns of 50 per cent, his debit 1 ai■••• U less than the prescribed $5,000. H** was advised by the l)i . to dr.i v a check ior S4OO. which brought his debit balance to more t;. n ?' •t) but reduced his margin to only about 15 per cen*. or 5 per cm;' ?h< rate of 30 per cent for trndets in that category. In < i. he weakened his account, but by doing so was able to qualify under the new rules.
New York Stocks ,Bv Abbott Hopptn A- Cos 1
- Aug 7 Pr*’ Oil*— High Low Close Close A. i m 11 • :i2 At. I-:- .1 , .T I 23'. 21 B ■!. :.1 U 7 , 7'* 7’. 7*. < oil io‘ in 10 > 10', < :i' ! Del 13 13 I 13 1 .- IT • 1. I’, 4 , 1! . . f • , ( ,Ut> . 2i' 23 , 23’, . M . Cot- 1-.: 11', IT. 11', IT. ’ Ohm Oil . 11', 11 11 IT. l‘> i-Corn . >. If, 9'. 10 !'t iVt .12', 12 , 12‘, 13 1 ;r<- Oil B'. H * B>, i . ~ ui, . . 22’. 22', 8!:'.! Ur.'.on . 7’, 7’* 7 * 7', 8 V.. IT, 11 IT. IT, HI , 31', 34', 34’ , 8 \t ol Kan 10 8 0 1 N J 3.3 34' j 34', 3S .* o.; 43 t ~10 21', 21 2T, 21 ’I .!< r A. 11 7'. 7 , 7'* 7 1 , l : Cal . 19'. 18‘. 18', 18*. A "**,* " Mills 20*. K", 20>. 20 >'• S'pe. 3J', 38't 38' * .38', l> n V M 29’, 29'. 29', 29 . < 1- I S' „ 4', i 5 1 : -Pl 28’. ! 32 32’. 1• 1 N 3# : , 3, 33’, 39' 1 1 .v 8 IT. 18 . 17’, 18’, li. Ia S plrt 37 36 36', 38 .1 73 74 74 \ 23 . 22 . 2.7 23', M: ml IT. 13 13 13 1 , l S1 0 !IV IS', 15 . 1.0. IS'. 1 s S'. ; ST. 51', Sl*. sl's 1 S S Pi old '6 95 95 96 V tu S.v T.. . . 24'. 25 53 , M Ml * 58 1 ij 26', 26 26 , 27 C. P.., 16', 15*. 15, 16 l Ohio 43 , 42', 43', 42'. Ch. A (V W s‘. 5 5 s’, 4 M ,v St I' 8- B', B’. 9 < M .v S' 1' Old 13', 13 1.7 13', Ch; N \\ 10'. 10 10 10', cm R 1,1 6*. 6', 6'j 6*. Erie . 22 22 C.f N Hid 25'. 24 1 , 21', 25', li. CYnlral 38’, 37 37', 38', M K .v T IT, 11 Y ll' IT, Mo Par ... . 6'. M > i .ic pld . . B’, B', B’. B', 2. Y Cpnt 42 40’, 41', 42 N Y V v Sr L 25’, 25 25 25’, NS'C AS' L p 27’, 27', 27’, 28 N Y N w liana 24 . 23', 24', 25', N Y \ AY IT, 10\ II N r! >. A WeM 161 N r P :r. 24', 24', 24'. 24 r ill R R 31 33'., 3.T, 34'. 2 ' . 2 > , 25 * 25 5 . R R 2: 24 24', 25 Cn.’i. Par . ..11.7'. Hi 115 US'. V 4', 4' 4', 4 r\ land . IT, IT. IT, IT, AT.::; 53', 52', 53', 53', < .. r . 34 32', 33', 32’. Motors . 29'. 28 * 28 , 29 I Met . 3 2 3’, lit. *on 10'. 10’, io>, in*. 1! .. p . 5' . .s', S'. S'. 7 . 1- , 18’, 18', in * .5 4 , 4". 4", H 1 .3*. 3'. 3’* 3'. S' .i- ak. r .. s*. s', s', S', Ypl'.o ■ Truck ... ... 5 5 Motor %cc.-*s—-1' rd!\ . 15’, 15‘ 15', 151, i Slum . 39', ... r* r„- Warner ... 15', 14*. 15 15', Briggs . . 9-', 9 .9 9>, Bide Wheel . . 3' r' a Ms-r . 12 S 12', 12 *. 12', l. . Ante Lite . 17', T', m, 17', V 4 . 4'. 4 Y 4', .'an* Mfg 6', .. I' s 8 B’. 7’, 8- Wrri-.er .B', 8 B’. 8 . T. Rol . .. 2? , 24’, 25’, 25 Mining— A . Jan 2! Y 73'.- 25’, 23', Aat So pH . 33’. 32", .33 33 At a, onda .. 16 . 16 16', 16' , C.<l A Heels 6', S', S’, 6', t • lit rail'd.. T.- 30', 30’. 31 4” •>: hv .... . tO-, 11 4 N>r Orr . 12 . IT, !1 Ho:v .<• -> -.•■ Mm 215 220' * In- error 6*. . T.r N.rkt-: . IS>, :7’ IT, 18', Krr.-.pco;'. Cop . 1' , 13', ,9 19', Nor *i Cop 3T. 3T, ?I’, 3T, Phelps Under .. 14', 14', ’.4’, 15 Pit?.* Coal .. . 15', Arr T aero A 84 81', ft', 82’, Am T.'lhiiVn B 88', 85', 86', 8.5 CfPti C;ga: 33', . T *-• v Mvers B 92’, ST, 9T, 2T, 2,5'. 21 ’, 21', R- -.a * T .' B. 48’, 4'*, 48 47 F quipment*— A Chalmers.. 17' 17 17 17’, \Car V Fdv 25 2*', Am M . Y Fdv 16’* 16', 16', .. s:*- S'ppl Fdv .. 18\, 17’, 17*. ’.B', V - : Lor- .. IT, If, 10', IT, F. . ::hs 15', 15’, 15>. 15’, 4' r J I 66' 66', 65 ' ’ • • •' 20’. 4' ; Pa.m Per: ;6 I*', tY joleum. 21 20 ,0 20’, f Stpr B.P 43 40'. 4<C. . ' Car 14*, 33', -4', 34 - K.pr 22'.- 22 22', 22*. t - ' K -A 57 58 T H. \t e. 3*.', 31 33’, 33', KPS. ' r- . 10', IP ip JO \a*: Ta Rp 17 ’.S', 17 17 r r -. i .j-i'.We .39 38', 3839 r Irr 46', 46 46 47 5 - Bed 23 22' 23 23 . Cr. y hot 2g " Arr B 2", J 4 ', 5. ,-h Her 40’ 39*, 39’. 40’, \v -.-• in Pmo ... 23*, ... 1 tilltim— A: ' For Pr. IT, IP*, IT, li', te Lll . . .' . IT, 12 A r V T 123', 122*. 123*, . A Wa• Wits 27 , 27 27 28', C Oa: A- Eire 19', 18’, 19 19', Cr C. A F pfd. . 75’* .. Com A So-: ... 3 V 3 1 , 3', 3'-, Ccsrolu o*j V- 46 49 ST-, E: • Pwr A Lit. 9'. B** B** 9 In- T * T .. . . 14W Ia A T. A . . 1, 20 N-c Pw: A Lit . 15 14', 15 14’, N >rth An.fr ... 24*, 24 24 24S Pae Ol A E 26 25’, 25*, 26’, I „b Sfrv S J 45', 44', 44'-, 46 So Cal Ed.son 22', 2f, 22 22', srd Gas 14', 13S 13*. 14 Std Gas pld 15'. 15', 15'Cnitfd Corp 9*. 9 9', 9‘, Cr. Oaf Imp 19*, 19', 19', 20 C? Pwr A Id*. A 4*, 4>, 4, 5 V.. •• r: Cnton .59 Y 57', s*', 59*. llabtipr,— F.rf -p - .. 23*. 22N 23 IVnodr.rh . 14 , 13’. 14', 14’. ■ ~r 35 , 34 , JS'-, 35’, 1- S K.rbpr . 17 1 , 17', 1717', r S Rah pfd 29 F:el Sprit?s 4 4 Amusf mvnl,— ■ Radio .. . . 9’. 9, Leo* Ine 26 25', ?s‘, 26 , Radio Corp .... 7‘, 7'-, 7 7’, RKG 3 2S 2*, S', Warner Bros ... 7 6H S I'codm Vd Sugar 57', 55 55 67', Alfeour A S'a 5 ! 54* S'* Vi-'..*ice Cream 17',
Hrrrlrn Prod 32’, 31’, 32 31 Cal Packing 7.3’ 254 354 Cana Pr\ O Ale 30 28 4 29 4 29 Coca Cola 944 Cont Mak A H Corn Prod 804 HO 1 , ;:04 89 Crm of Wheat 30', 29’, 30', ... Gen Foods 35 4 35 35 35 Gold Dust . 204 -’O’, iO’, 214 G W Sugar .31 30 4 30 4 30 4 llershev . -58 l.oose \Viies . . ... 354 Natl Biscuit . 53 4 53 3 54 Na’l D Prod 20 194 194 204 Pet Mlik ... . . 11 11’a Purttv Hnk . • '8 s , 18 .S Porto Rico Sug 374 37 37 3,4 Rid Brands 26 s , 25 4 26 26 4 United Fruit . .56 4 55 4 56 55 Ward Bak A .. . . . 154 Wngiev .... ... ... 484 Retail Store*— Best A- Cos 24 ... Gimhel Bros . .. ... 44 4 s , Hahn Dept Sts . 54 6 Kresgf S S 1? 114 114 12 Kroger Groc. . . 26 s . 25’, 254 25 * Macv R H 514 51 51 514 Mhv Drp' St 254- 24 '1 25'j 25 Mmt w'ard 214 20 s , 20 4 20 4 Penny .1 C 41 s , 394 40 Safpway St . .. 50*2 srt Sear.s Roebuck 354 35 354 354 Wooiwor'h .... 41' 40', 4t 414 Aviation — Aviation Corp . 104 104 104 104 Douglass Air 134 13’, 134 13 • Curtiss Wright 34 34 34 . Curtiss Wright A 6’, 64 64 IV, Nor Am Av . . 6 3 s t s** $ * United Aircraft. 314 304 31 s , 31 Uhrmiral,— Air Reduction. 96 95 4 95 s , 95 Allied Cliem 1184 116 118_ ... Am Com Alcohol 47 4 45 4 45 4. C'ol Carbon 54 53 53 C(*nt Solvents 32 s , 31 s , 32 4 31 , Du Pont .71 68’* 70', 69 Ft report Tex .. . 274 38 Liquid Carb . 32 4 314 32 3. * Math Alkali 32 4 31 314 31 4 Te\ Gulf Sulph 27 264 27 264 Union Carbide 41 s , 404 40 4 40 4 (T S Indus Aico 63 6t 62 4 62 Nat Distil . .. 87’, 85 864 6 Drt'r,— , Cotv Ire . SS5 S 5 5 Drue Inc 464 454 46 454 laimiiert 31’, 314 314 Zontte Prod . ss,5 s , 5'- 54 5 Financial — . Adams Exr 94 84 8. Alleghenv Corp ss,5 s , 4-* 4 , 5 4 Chesn Corn 41 4 40 41 Transamenca 7 6 1 , 7 ■ Tr Conti Corn 64 54 64 64 Building— Am r? dintor .. 144 134 l'i Gen Asphalt 18 17 4 174 18 4 In’ Cement 31 304 31 Johns Manville 14 43 43 4 44 I ibh. Owen* Gis 26’, 25 254 26 O". Pi. 17 16', 16 s , 17'.. Uler. Const 3", 3 s , 3 4 34 A|i,rellanemi*— Amer Can . 854 8.3’, 844 844 Anchor Cap .24 4 24 24 4 24 Brklvr. Man Tr 32 4 314 314 31 4 Cont! Can O s 394 604 60 F.astman Kodak 744 74 74 744 Owens Bottle . 78", 77 s , 78 784 Oille'te 134 134 134 . Oltdden 14'. 14 14 144 Gothan; St'k 104’ 10', 104 104 Indus Ravon 634 624 624 62 Inter Rapid Tr . .. 64 ... Investment Trust Shares (Bv Abbott. Hopptn Ar Cos > Bid Ask American Bank Sticks Corp 1 20 1 33 Amer A- Genera! Ser iA' .5 50 6 50 Basic Indtistrv Sltares 3 23 3 30 British Tvpe Inv Tr Sh 72 .80 C .lateral Trustee Shares A' 437 475 C rpora'e True Shares old* .2 12 218 Cori-crate Trust Shares new - . 325 229 Cumulative Trust Shares . ... 390 398 Dl-.ervfled Trust Shares .4 ..6 00 Diversified Tr Shares B .7 62 Duersifled Trus- Sh iC' .. 305 310 Diversified Trust Shares (Du. 495 510 first Insurance Stock Corp .1 66 184 firs' Common Stock Carp 111 122 fixed TV "St Oi! Shares \ 835 Fixed Trus- OH Shares B .7 35 Fundamental Tr Shares Ai 4or 41s P ndamenta: Tr Shares 'B 393 400 Investors Inc 17 25 17 62 Low Priced Shares sgg 593 Mass inves Trust Shares 18 12 19 90 Nation Wide Securities 340 3SO No Amer Tr Share, ,1953' l 77 No Amer Tr Shares 55-'s6i .. 236 240 Petro.eum Tr Shares (A 11 00 14 00 Selected Amer Share* .. 263 Selected Cumulative Share* 679 719 Selected Income .Shares 350 360 * s - Amer Tru?? Share.* **o7 Ins Super Amer Tr Sh A ;02 Trust Shares of America 292 305 .ruvef S'd Ol'. (A 470 485 Trustee S'd on B 425 440 U S Electric Light A- Pwr A 1* 50 15 00 Lr.:vera. T us' Shares 280 j9O Marriage Licenses H'r.rv Woodruff 22 32D Martindale laborer ar.d Lliitan M Bonds 18 Mitchell Ind housewife F 25 57 Nort h Pershing, and Donr.a Fae Prather. 2* of 3610 Balsam avenue, secretarv C.arenre J Martin 36 Sap. Francisco, marine and E’heivn H Randall. 23 Plaza hotel, housewife Kenneth H Ferguson 22 2744 Guilford knitter, and Sallv ! Orme 31. 3508 Carrol. "on avenue, heautv operator C’.sude E Fi 22 2922 Roosevelt, meat cutter, and Ru-h E McDowell. 79. 2243 Nor*h LaSalle, clerk. Harold W Bruce. 38 Sprlr.gfleld. II!. sa esman ar.d Marv El.zabeth Bach. 24. 525 Broadwav. housewife Harold C Davis. 25 St Louis tewe'er. and Marv K Cassell 24 28 South Audubon road, stenographer Delher- R Blackwell. 34. H R 12 Indisr.apo.is. clerk ar.d Jessie Gish. 33. 1772 Brooketde avenue, clerk Ta .-r Houchins. 27 420 Douglas street. • aberer apri Margaret Patterson. 20 445 Har.icn stree - housekeeper Hep.rv o McMann. 39 4400 West VeriT.^ n ’- >tr ' r .l. touted and Anna Mann. 33. Al 4 East eleventh street, housewife • * Rd Hernora Ferrar.d. 18. 1122 South Pershing street, housewife Herber- j Ackrr.an 22 2710 North Adams .aborer. ar.d He.en Louise Wining- 22. 2710 North Adams clerk V ..am E Manger 42 I5 East Ohio stree' tmek driver and Roxie Edith Carmichaei. 27. 605 East Ohio street, housewife James H Ra:r.es. 2! 227 North Oxford avenue elecrtcian. and Dorothv L Clark. '.9_ 814 North Gladstone avenue, clerk Lisle F. F Atkinson. 39. Davton O. salesman and Gladvs La Plar.te. 32. 1450 College avenue, nurse. William Earl Davi* 31. 902 Broadway, decorator and Cre&sie 57. Dykes 18 707 North Pine street, clerk.
SWINE VALUES MOVE DOWN IN SLOW DEALINGS All Cattle Classes Weak to Lower: Sheep Hold Steady. Following an early period of uncertainty hogs settled down in a range 10 to 25 cents lower this morning at the city yards. Th* bulk. 160 to 250 pounds, sold for $4 40 to $4.45. with a few held up to $4 50 Weights of 250 to 325 pounds sold for $4 to $4.30; 130 to 160 pounds, $3 40 to $3 90; 100 to 130 pounds. $2.50 to $3. Packing sows brought i $3 to $3.50. Receipts were estimated at 7 000 Holdovers were 218. Slaughter class cattle were ex- ; tremely dull with little done. Quality was plain. Talking and bidding was unevenly lower on all classes.' Receipts were 600. Vealers were steady at $6 down. Calf receipts were 600. Sheep were steady, ewe and wether lambs bringing 57 to $7 50. top $7 75. Bucks sold for a dollar less. Culls and threwouts sold for ! S3 to $3.50 Receipts were 1.000. Trade in hogs at Chicago was light with srattcrrd bids 10 to 20 cents lower than Friday's average at $4.50 downward. Receipts were 40.000. including 15.000 direct. Holdovers were 2.000 Cattle re- j eeipus were 16.000; calves. 1.500; market steady. Sheep were weak with receipts of 13 000. HOGS •July. Bulk Top Receipts 3! $4 654* 4 75 84 75 6.500 Aug 1 4 55*1 4 65 4 70 7 000 2 4 555; 4 65 4 65 5 500 3. 4.4541 4 55 4 60 7 900 4 4 45 H 4 55 4 60 7 000 , 5. 4.50 n 4 55 4 55 1 500! 7. 4 40*1 4 45 4 50 7.000 Market, lower. 'l4O-160i Good and choice 5 3 655?. 3.90 Light Weight.*---'ISO lao. Good and choice 440 GBO-200, Good and choice 4 40 Medium Weights—-'2oo-2201 Good and choice. 4 45 200-2501 Good and choice . 440 u 4.45 -Heavy Weights—'2so 290! Good and choice 4 1545 430 -290-350i Good and choice 3 90'<; 415 —Packing Sows—'3so downi Good 3 254i 3 50 >350 up> Good 3 15$; 340 • 100-1301 Good and choice 300 u 3 25 - Slaughter Pigs—--1100-130 Good and choice. .. 2 501? 300 CATTLE Receipt*. 600; market, lower. il 050-1.100-Good and choice $ 575 S 7.25 Common and medium ,4.25 H 5.75 (1.100-1 500Good and choice .. .STS'? 725 Common and medium .... 4 50$; 550 s -1550-750 * Good and choice 5 nn-.j 6on Common and medium 3 255; 5.00 1 750 - non Good and choice 4 50$;. 6.00 Common and medium 3.00‘S 4 50 —Cows— Good 3 256 400 Common and medium . . 2.50'u 325 Low cutter and medium 1 50$? 2.50 Bulls 1 yearlings excluded' Good 'beef 1 3 00$? 3.50 Cutter common and medium . 2.005? 300 VEALERS Receipts, 600; market, steady. Good and choice $ 5.305? 600 Medium 4 00 5 50 Cull and common 3 50'<i 4 00 —Calves—-(2so-5001 Good and choice 400 6 500 Common and medium 2 00'o 400 Feeder and Stocker Cattle — ■ SOO-SOOi Good and choice 4 506575 Common and medium . . 3 00*; 450 ■ 800-1 500' Good and choice . . 4 SO S ? 5.75 Common and medium 3 005? 450 SHEEP AND LAMBS Receipts. 1,000; market, steady. Lambs. Shorn Basts—--90 lbs. down' Good and choice *6.so'u 7 75 90 ilbs downi com. and med. 3.00' 600 —-Ewes Good and choice 2.oo'ri 3.00 Common and medium 100'u2.00 Other Livestock By Timm Sprrial LOUISVILLE Aug 5 —Cattle-Receipts. 75. market, compared to close last week be'ter. finished fed steers and nelfers, steady; other killing classes. 25: lower; 1 bulk better grass steers and heifers $4 1. 1 4 50; plain kinds down to $3 and less; drvfeds. $4 754, 5 75. closing bulk beef rows 42 255;2.75; low cutters and cutters. $1.25472. bulls. $2 75 down, bulk native Stockers. *4 down, light we terns to around $5 Calves Receipts. 400; Saturdays market, steadv; hulk better grades. $4-.; 4 40. few s'rlctlv rholcc. S'; medium, and lower grades. $3 50 down: market. . fullv steady to strong with < lose last w eek Hogs - Receipts. 600; Saturday's market. 10c higher; .op on well finished. 165-275 lbs., weights. $4 70: grass, kinds discounted 275 lbs up. $4 20; 140-185 lbs.. S3 70. ’.40 lbs down. $2 sows. $2.95. • tags. *1.90. market, closing unevenly 54; I 30c lower for w*-ek: new so't on top , hogs effective Mnndav. Sheep Receipts. 1.000; Saturday's market, steady; better truck lambs. $7 to mostly *7 75; deck cr so rail lambs. $7 50; bucks mostly S63i 6.50; immature light lambs. s3s; 4. fat ewes. $14,2 bulk better stork ewes. $6457.50; lambs closing mostly 25c. under week ago. Receipts Friday Cat'le. 78. calves 256; hogs. 645. sheep. 1.132. Shipments Fri-day--Calves. 142. hogs. 405; sheep. 880. ! EAST BUFFALO. Aug 7 - Hogs—On sale. 4 400 market slow- in getting under wav. generally 23c lower than Friday; bulk good. 180-250 lbs $4 304; 4 85; some extreme heavyweights. $4 50 ar.d below. I under 150 ibs *3 75414 50; packing sows. $3 24 ; 4 Cattle—Receipts. 2.125. duality mostly medium, rough; plain market very slow, good cattle scarce, most’y medium and shor leds. 25c to as muih as 50c 1 lower ton part load 1.220 lbs . average. ST 25 onfv few loads above $6 50: bulk 1 of steers run selling downward from $6 25. man, plain and common lend down. $.3 50$; 4 50: top heifer yearlings *6 25; cows and hulls, steadv; best fat cow.-. *3s; 350 cutter and lew cutter. $1 50452 50; bulk. $2 50$; 3 25: calves, receipts. 500; acne. 50c up. good to choice. $6 50 •; 7; medium. s*•.!* 25. culls and common $4 u .4 50 Sheep Receipts 2.600; aittve. raoF!v steadv good to choice lambs. 87.75 t 8 medium and fat bucks 86 5045 7. culls, downward from *5 50. good to choice ewes. $1 504; 2 50. EAST ST LOUIS. 111.. Aug 7.-Hogs Receipts 14.000. including 4 300 through ar.d direct, market, weak to 10c owor; heavies about steadv with late Saturday: pig, not tally established; top 51 50: bulk 170-' 90 lbs. $4 35.1 4 45: 140.160 lbs.. 83.50ft4.15: 100-130 lhs .*2 50-i? 25. most pig., held higher; sows. $3 15'; 3 35. Cattle —Receipt. 5 500; calves, receipts 2.500; market, trading slow; no early steer sales; receipts include 42 cars of western grass cattle, mostly steers: opening heifer ealer* about steadv on native light descriptions and westerns: cows ar.d bulls opened s*eadv; vealers. 25c lover with top kind* $5 75. native heifers, upward to $6 some westerns *4 50; rows were $2 50$; 3 25. low cutters. 81.MSI 85. practical top on sausage bulls. *2 75; slaughter s’eers. 550-1.100 lbs good ana choice, *5 50 7 common and medium. $3 25 ..-5 50. 1 00-1 500 lb choice $6 50 ;7; good. 54 74 . 650 medium $4 50(65 75 Sheep— Receipts. 4.000 mark'- few choice lambs to citv butchers about steadv at $ M>; packers talking lower rndicatuons steady *on sheer lambs. 90 lbs. down, good and choice. $6 504; 775 common and medium. .*3 504; 850 yearling wethers. 90-110 lbs., good and choice. $4 65 ewes. 50-150 .bs., good and choice. $1 50V?2 75 ail weights 1 common and medium. BS®2. CI.EVFI.ANO Aug 7-Cattle-Receipts. 1 550 market steadv on common cattle, good stock 25c lower choice s'eers. 750-1.100 lbs $6 50417 25 heifers, common to good. $3.75 .1 625 good cows. all weights. $3 50 6 4 Cal,es—Receipts. 700 market, active and steady, choice to prime $7 67 50; common. $3 50Q4 Sheep—Receipts, 2 000; market fatrlr ac*tv* and steadv; choice 1 wethers $2 50(3 25 choice ewes. s2'-?3: 1 choice spring lambs $7 5 8 common and 1 cull spring .ambs, *3f?s Hogs—Receipts. 1 800 market fullv 15c lower and active. ehav.es. $4.75: choice 22-250-ib butchers. $4 75 light. 180-250-lb butchers *4 75; choice porkers 150-180 lbs $4 ,40<i4 75. thin ar.d common hogs 150-180 .bs , $4 50 i4 75 stags *2 25 roughs, $3 ft 3 50: pigs.; $5 413 50. PITTSBURGH Aug 7 —Cattle- Receipts. 600 market steadv steers 900-1.100 las.. {ood. $5 uS 25 medium $5 6 5 50. common. 450.; 475 1.100-1 300 lbs good. 85 75'u6. ' medium *' 25. 5 50. heifers 700-1 TOO lbs. good. $4 25(i4 7S medium $4 .4 25 cow* food. $2 25 63 50 common ar.d medium,! 1756 2 75. bulls, common to good *2 25 ; 4 Hogs Receipts. 2 300 market active to higher: prime heavies 240-300 lbs. $4 65 4? 480 heavy mixed. 210-240 Ibs $4 90 ; 505 mediums 180-210 lbs 84 90 u 5 hea'v Yorkers >4 90 "a 5 light Yorkers. 120-14$ lbs $3 754; 4 o:g 90-115 Ibs. $3 14.; 3 50, roughs. $3 25 63 50 Sheep ar.d lambs—Receipts, 4.300 marke- steadv lambs, good to choice 90 Ibs. dowm. *7 7515 8. medium, 90 lbs down. 83455: medium. 9i lbs up $5 509 6 50; sheep wethers prime. $2 50 <3 fair to good. $1,754: 2 15: ewes medium to choice. $lB 2 Calves—Receipts 700 market, steady; vealers, good. 85.504? . medium. 84.50485; fatavy and Hun. 82.50 82.50.
THE INDIANAPOLIS TIMES
INDIANA STOCKS AND BONDS
The following quota'ions do not represent ac'ual bids or offerings, but mere.,indicate the approximate market level baed on buying ar.d sel.;r.g inquiries or recent trmnsactfcns —Aug. 7. Bid, Ask Be;* Rail At Stock Yards corn. 26 3C Cent Ir.d Pr pfd 7". 11 14 Cen* Ind Pwr pfd 7~- 10 13 Ci’izens Gas com 1* 17 Citizens Gas Cos pfd st* . 63 67 Ci’izer.s Gas com 14 17 Citizens Gas Cos pfd 5'- 63 67 Home T 4 T F Wavne pfd 7'- 36 40 Ind v M;ch Elec Cos pfd 7'. 70 74 Tnd Gen Service Cos pfd 6"- 65 69 lild Hvdro E'.ee Cos 7 25 29 Ir.dpi* Oa, Cos rom 40 44 Ir.dDis P„ r At l.t pfd 6 61 65 It.dp.* Pwr A: L' pld 6'j .6i 69 No Ir.d Pub Ser, Cos pfd 6 34 33 No Ind Pub Sr- Cos pfd s'. 33 3. No Ir.d Pub Serf Cos pfd 7' 37 41 ir.dpis Wa’er Cos pfd 5 ■ .83 93 Ind P;b Serv Cos 6- 35’z 39‘t Public Ser, Cos of Ind pfd 6 14 1 • Public Srv Cos of Ind pfd 7 35 40 South L.d Ga: <v E. pfd 6 - 58 62 Terre Haute Elec pfd 6 34 38 BONDS Bel- R R At Stkvds 4, 1939 88 92 Citizens Gas Cos 5s 1942 84 88 Home T A- \V 5 j s 1955 96 100 Home T A; T W 6s 1943 98 102 Indpls Gas Cos 5s 1952 71 .4 Indpis Rvs Inc 18C7 28 32 Indpls Water Cos 4'.'S 1940 . 98 2 Indpls Wa'*: Cos 5s 1960 93 97 Indpls Water Cos 5s 1970 92' 1 96 a Indpls Wa'er Cos s’jS 1353 100 103 Indpls Water Cos 5 ; .-r- 1954 100 103 Kokomo Wat Works 5s 1956 79 83 Lafave-te TANARUS! Cos 5s 1957 83 8. Muncle Wa'er Work: 5s 1939 92'a 6 ; . R.chmond Water Works. 1957 84'a 88 Terre Haute Wat W.< 5s 1956 Terre Haute Wat Wk 6s '.949 93'-. 97G Traction Terminal Cos 5s 1957 45 49 Foreign Exchange (Bv Abbott. Hopptn Ac Cos 1 —Aug 5. Close Stetling. England *4 Franc. France 0533 Lira. Italy Belgas. Belgium •*j™9 Ma:k. Germany 3^55 Guilder. Holland 8490 Pese'a. Spain I*3B Krone Norway .. 22n5 Krone. Denmark 2 °15 Produce Markets Delivered In Indianapolis prices: Hens, heavy bre< ds over 4'j ibs 10c: Leghorns. 7c. Broilers- Colored springer*. I' 2 ibs. up. 12c -pruigers .leghorn', l'j lbs. up. 9c. bar*baci;.,. 6c; cocks and stag.-. 6c: Leghorn cocks and Leghorn stags. sc. Ducks, large white, full tea'nered and fat. over 4 lbs. 4c; small and colored. 3c. Geese, full feathered and fat. 3c. Young guineas. 20c: old guineas. 15c. Eggs—No. 1 fresh country run eggs. lie. Each full egg case mu.*' weigh 55 lbs. cross, a deduction of 10c per ib for each lb. under 5* lbs gross will be made Butter No. 1 254?26e: No 2. 23 ; 24c. Butterfat—lßc. Quoted by the Wadlev Company. BY UNITED PRES* CHICAGO. Aug 7. Eggs Market steadv; pitre- unchanged: receipts. 10 864 rases: extra first,. 12 1 . /13 *e firsts. 12.il2’<e; current receipt . H'iSll’ic; dir lea. 9'*c. B.rtrr Marke' stead,, price* unchanged; receipts 13 541 tubs, sperials. 20‘z •/Sic; \tra* 20c. extra firsts 194/19'.r firsts. 18 ; 13* jC seconds 17 3 17'2e; standards. 19'jc Poultr, Market, steadv; reeeip's. 16 trurks; fowls. 104;ip,c' Leghorn broilers. 10‘jr. Leghorns. 8r: ducks. 7s; 10c: gee*e. 74; 9r "irkeys. 104; 11c. roosters. 7c: broilers, li d 15c. Cheese—Twins. 13 ! >; 13'. 0, Longhorns. 13’4i14c. Potatoes On track, 1.89. arrivals. Ill; shipments .385; market dull; New Jersey, sacked cobblers. 52 854; 293 Washington, sacked cobblers. *2 85 Idaho sacked Triumph. 42 90m 3.05; round whites $2 90; Kentucky sacked cobblers. $2,304(2 85. Missouri sacked cobblers $2 75 and 2 80.
In the Cotton Markets
—Aug S—CHICAGO High. Low. Closp January 10.55 March 10.70 October 10 32 10.25 10 27 December 10.53 10.46 10 50 NEW YORK January 10.53 10 45 10 45 Merch 10 66 10 58 10 60 May 10 84 10 75 10 77 July 11 00 10 91 10.94 October 10 26 10 16 10 18 December 10.46 '0 38 10 40 NEW ORLEANS January .... 10 47 March 10.61 10.59 10 60 Mav 10 84 10 77 10 77 July 10 92 October 10 22 10 13 10.17 December 10.44 10.36 10.39 Other Livestock BY I'NITED TRESS CHICAGO. Auk. 7. Hogs Receipts. 40.000 including 15 000 dr-ect ; slow. 10'u 20c lower than Friday; 200-250 lbs st 40■*, 4 fio; top. S4 60. heavier weights. $4 40 down; 140-190 lbs, $3.73fri4.15: most pies. $3 25 down, packing sows. $3.25 < 3.75; Uglit lights, 140-160 lbs Rood „id choice. $3 50 o 4 25. light weigh - . 160-200 lbs. good and choice. $4 I * 50; medium weights 200-250 lbs . goed and choice. 54.25'-/ 4 50; heavy weights. 250-350 lbs., good and choice, $4 IS'o 4 45; packing sow s, 275-550 lbs., good and choice. S3O 3.85. slaughter pigs 100-180 ihs . good and choice. 32.75 o3 50 Cattle Receipis. 16 000; calves. 1,500, Jed steers and yearlings unevenly steady to 25c lower, mostly weak to l’Sc off with very little done, best yearlings and light steers. $7; some held higher: largely beef steer run with lower grade kilTers and stockers scarce, latter class Arm: all other killing classes under pressure except venters. this class steady most steers of value to sell at 85 504,6.75; steers 550-900 lbs . good r.nd choice. $5.50'., 7 25: l 3on-t.sno lbs . good and choice. $5 75 ;7 25. 350-1.300 lbs. common and medium heifers. 550-750 lbs., good and choice, $4 75 ■i 6.25. common and medium. $2 75'.i5; cows good. 2 SO4 75; common and medium $2 65 6 3 75; low cutter and cutter. 8150.j2.85 bulls ivrarllngs pxctudedi. good 'beef- $.7 25.7 4 cutter common and medium $2 SO n 3 75; yearlings good and choice. $6 -17: medium. 5'.i6; cull and common. *3.50'.i5 stocker and feeder cattle: steers. 500-1.050 lbs. good and choice 84.50'., .5 75, common and medium. $3 ,4 50 Sheep—-Receipts. 13 000; fat lambs slow. mosMv steadv: top $8 to small killers; $7 75 oaid occasionally bv ail interes's but hulk not particularly attractive at *7.50 down; sheep Arm; slaughter sheep and lambs lambs 90 lbs down good and choice $6 50 aB. common and medium. 83 75 f 8 75; ew es 90-150 lbs . good and choice 812593: all weights common and medium. Sl4|2. FT WAYNE. Aug 7 Hogr -30 c off : 220-250 lbs S4 40; 250-300 lbs . ‘4 30; 170200 lbs $4 30; 300-350 lbs . *4; 160.170 lbs $4 2" 150-160 lbs. 83 90; 140-150 lbs. $3 65; 130-140 lbs. $3 40; 100-130 lbs. $3 10; roughs. $3 25; stags. $2. Calves— S6 Lambs, $7 25. Cattle—Ready unchanged LAFAYFTTE. Aug 7.- Market. skT3or lower 200-250 lbs. 84 2547 4 30: 250-300 ibs S4CJ 415 300-325 lbs. $3 75: 150-200 lbs. $3 70 i4 20 100-156 lbs. 82 35*13 40. roughs. $3 down. Top calves. $5; top lambs, $6 Hu Timm Hprrlnl LOUISVILLE Aug 7.—Cattle—Receipts 500 supply light slaughter steers and heifers moderately active mostly 25c higher: sausage bulls around 25c higher than close last week; other cla'-es steadv; bulk bet'er grass steers an-t hellers. $4 254)4.75: plain kinds down to $3: he?*er Ar.ished fed offering S5 /3: bulk beef cows. $2 254)2 75: top $3. low cutters and cutters. $1 2547 2. bulls $3 down; hulk native stockers, $4 down: light weste-ns to $5 and above; calves, receipts 6jo: fully st'-adv; bulk better grades. $4474 50. strtctlv choice handvwe:eh*s to $5 medium and lower grades $3 50 d*wn. Hogs —Receipts. 1.500; weights 250 bs up. 5c lower; all others 15c off. j£3-2so lbs *4 55; 250 lbs up. $4 10: 140-185 lbs $3 55: 140 lbs down $1 85: sows. $2 30 s'ags. 8175 Sheep- Receipts. 3.000 including around 1.500 s’oek ewes lambs mostly steady: bulk bet'er trurking*. *7-i 725 choice eligible to S7 50 and above bucks. $6476 50. immature L’ht lambs. 8347 4 fat ewes. $1 <i2 stock e.res. mostly 564J7 50 Receipts Saturday-—Case 74 -alves. 497: hogs. 400. fhmv 1 02? Shipments Saturday—Calves. 386: skeep. 506 Deaths Helen Norman. 2, Riley hospital, pneumonia Effie Covert. 87. Coleman hospital, bowel obstruction Eva May Parsons. 49 1215 North Olnev. cerebral hemorrhage Edward Wright. 83. 3415 Massachusetts, arteriosclerotic dementia Arthur Freyn. 47. Methodnt hosnital. general peritonitis George Haar.er. 34. Robert Long hoaplrii. uremia Cora Blanche Pownall. 56 Robert Long hospl’al. carcinoma Oliver A De Loste. 71. St. Vincent's hospital general tuberculosis Eva Pearl Pratt. 38. 2439 North Gale carcinoma. Georgia Harris. 43. 214 Miami, mitral stenosis Jackie Arvtn Schu.tr. 3 davs. city hospital. pu.monarv atelectasis Arrhle B Schulyer. 53. Veterans' hosptta. pneumonia Ber*ha C'Aonev. 37 Methodist hospital, atrophic cirrhosis William Childers. 22. Thirteenth and carte 1. accidental Alma Wi-tv. 74. Methodist hospital. strar.gu.aied hrnia Blanche E S'phenson. 53. 2202 Broadwav carcinoma. *>■ Gwendolyn Rose Sch'.egel, 1. St. Vincent's hospital pneumonia G . Serbinoff 44 . 85 South Chester, carcinoma Charles F Parker. 61 Me-hodist hosP'ta,. scute cardiac dilatation Thomas McGuire. 63. city hospital, accidents: Mangret Bali. 79. 4828 College, arteriosclerosis. Elizabeth Hawley. 71. city hospital, accidental. Mary Johnsom 55 Bt. Vincent's hospital, cert oral hemorrha**.
STOCKS PRICES UNEVEN. SALES VOLUME LIGHT
Leaders Show Mixed Trend, Wet Issues Move Off Fractionally. Avorage Stock Prices Average of thirty indu-tnais Friday; H.gh 93 45. low 92 03 .a" 32 62 off 148 a*-erage of twer.', rail* 47 04 46 62. 46 77. 04t average of twenty utlitie . 31.03 30 55 3T .3 off 0.61 a,*rage of for:', bonds 87 91. off CO6 average of ten first rails. 93 51. off 014 a.erage of ten record rails 75 65. up 006 average of ten itilities. 94 36. up 0 f*s a rerags cf ten uidustmis. 87 61 off 0 20. BY ELMER C. WALZER United Pres* Financial Editor NEW Y’ORK. Aug. 7.—Prices were irregular as trading was resumed on the Stock Exchange today alter the shutdown since 12.10 p. m Friday, when brokers were driven from the floor by fumes from tear gas bombs. Dealers were fairly active. After the initial sales were executed, however, activity ceased and the market drifted in the same manner as that which preceded the hasty shutdown Friday. Tickers barely moved. First sales of the leaders presented a mixed tendency. U. S. Steel opened at 51’t. off 1 ,; American Can So-i. up l’i; Atchison 57 7 ,. off Bethlehem Steel 39. up ; Westinghouse Electric 40'*, off Sears Roebuck 35 S, off •%; New York Central 4P*. off •%; American Smelting 33 : 2 , up The wet blocks were easier with losses of a point in U. S. Industrial Alcohol and National Distillers. Motor shares wpre quiet with General Motors unchanged at 29 and Chrysler up ' at 33. Utilities eased off; farm equipments were firmer; mail order and other mercantile issues met support; building stocks were little changed: coppers were barely steady; rails were mixed in a narrow range; gold mining shares eased slightly.
Bank Clearings
INDIANAPOLIS STATEMENT —Aug 7 Clearings $1 298.000 00 Debits 3.589 000 CO TREASURY STATEMENT - Aug 7 Net balance for Aug 4 $798 545.196 14 ll'.' Rev. R"Cts. for dav 10 181 493 46 Customs rec's mo to date. . 4.280.704 56 Births Bovs James and Fay Priest. 1128 North Tecumseh Hershel and Elizabeth Garrett. 2147 North Jefferson. Robert and Margaret Strickland, city ho; pifaL Olm and Elizabeth Bai’ev. city hospital. Gilbert and Ida Pairdon city hospital. Paul and Garnet Woodward, city hospital. Emil and Lorena Parker, ol'v hospital. Hugh and Edna Hanna. Coleman hospi'al Bernard and Ruth Guedelhoefcr. Coleman hospital. Ludwig a/id Florence Christianson. Coleman hospital. M MacLaren and Lucile Wnght. Coleman hospital. James and Harriett BeaUey. Coleman hospital. Charles and Opal Hartman. Coleman hospital. Tonv and Mattie Florenlre, 1024 North Holmes. Kirtis and Eva Nance. 532 North Belmont Irwin and Irene Fischer. 1038 South Harlan. Elmer and Harriet Bryant. 702'. South Kevstnne. Matthew and Katherine Or'flin. 2539 Columbia. Frederick and Silvia Ruby. 968 King. Fletcher and Sarah Hodges, Methodist hospital Harry and Luctile Webber. 1306 Kennington. Gilbert and Helen Johnson. 124 North State. Girls Nelson and Virginia Gcssman. Coleman hospital. George and Roberta Bass. Coleman hospital. Kenneth and Mildred Carr. Coleman hospital. Raymond and Velerla Demlng. Coleman hospital Walter and Beulah Purkerscn 625 Langsdale. William and Susie Oartin. 2811 Hillside Alfred and Georgia Williams. 340 Cora William and Lena Roessler. 2732 Madison. Alfred and Edith Schwomeyer, Methodist hospi'al. George and Lucile Neely. Methodist hospital S'ephen and Lucile Whitnev. Methodist hospital. Llovd and Stella Geiger. Methodist hospital Gerald and Pauline Stanfield. Methodist hosiptal. Rav and Bertha Eads 1601 Ashland Norman and Evelyn Brown. 91!) Arbor Harold and Fav A'derson. citv hospital. Ira and Marv Bat's, city hospital. William and Mildred Quill, citv hospital. Carl and Ne'tie Nelson, city hospital. Plumbing Permits Hawkins Brothers. 40 North Jeffenon. one fixture. Harry Barker. 502 East Washington, two fixtures. Harry Barker. 2959 North Illinois one fixture Frevn Brothers. 17 Sheldon, three fixtures.
- THIS CURIOUS WORLD -
DAOOY- LONG- ' / GROW TWENTY TIMES AS LONG AS ITS OWN ———— n _ nrnT[[|lTmrn||lT||n e in r m Mxict k. A SEA-GOINKS MAMMAL, SHOWS CLOSE AFFINITIES WITH OXEN AND PIGS, WHILE ITS &LOOD IS MORE NEAJ3C/ LIKE M/AUW than that of asost animals/ The daddy-long-legs bears much resemblance to spiders, but it lacks the slender waist" that all true spiders have. It is an old custom among farm children to ask the daddy-long-legs to point out "which way are the cows." Since it continually is pointing its long legs about in the air, it eventually points in the correct direction. Next—What is the only bird domesticated for its feathers alone?
LEADERS IN CITY'S NRA CAMPAIGN
Dr. William F. King
mjSL ~~ tip
Harrison Eiteljorg
An additional group of the IndianaDolis leaders in the NRA drive is presented today by The Times. Dr William F King, former secretary of the state health board, is active in the drive and also is a president of the Exchange Club. George C. Calvert, prominent in banking circles of the city, is aiding in lhe campaign. He is secretary of
France Sees Threat of War in Philippines Isles
Seizure of Atolls in China Sea Admitted as Defense Move. By Scrippa-Hownrtl .Y nrupnprr Alliance WASHINGTON. Aug. 7.—Fear of trouble in the region of the Philippines lies behind France s sudden seizure of a group of tiny islands in the China sea half way between the Philippines and French Indo China. The French admit these coral strands, some of them in the form of atolis inclosing beautiful lagoons cf calm water, make ideal refuges tor submarines and hydroplanes and would prove useful in the event of war. Fiance. Great Britain and Holland are known to be uneasy over the immediate future of the Philippines. They are convinced the United States intends to pull out, and this, in their opinion, may be the signal for Japan to move in. Threat to Far East Winston Churchill, former first sea lord of the British admiralty, openly stated that America's withdrawal from the archipelago would destroy completely the whole equilibrium of the Pacific and start a storm which, before it blew itself out, would play havoc in the Far East. Indo-China is- only 600 miles across the China sea from the southern islands of the Philippine group. The British anid Dutch East Indies are within easy striking distance. From these, Australia. New Zealand. Singapore and India arc only a step. Welcome Stars and Stripes Accordingly. Britain, France and Holland welcome stars and stripes over the Philippines. To them it means peace. They dread to see it hauled down. They fear the flag of the rising sun will be run up instead. casting a shadow of uncertainty over that enure quarter of the globe. As if to add to their uneasiness, the Filipinos are preparing to act on the Hawes-Cutting independence
George C. Calvert
W. L. Snodgrass
—Photos bv Brftzman the Indianapolis Clearing House Association. One of the younger men assisting In the drive is Harrison Eiteljorg. president of the American Business Club. The fourth member of the group shown today is W L Snodgrass, prominent president of the Kiwanis Club.
law which grants freedom aft-r a preparatory period of twelve years Rejection is forecast, possibly accompanied by an emphatic resolution demanding immediate independence. European powers are worried lest congress, angered by the Filipinos' brusk rejection of the measure, may fr’e them at once, let come what may. France, therefore, is moving rapidly to consolidate her position in the Orient. She has raised the tricolor over Ambovne Caye, Tempest Island. Itu Iba. Loaita. Thi Tu and the Deux Isles—a total of s?ven coral islands barring the route between the Philippines and Indo China.
The City in Brief
TUESDAY EVENTS RotxrT flub, luncheon Clavponl. Gyro flub, luncheon Spink-Arm,. Mercalor Club, luncheon. Columbia Club Architectural Club, luncheon. Architects' and Builders' building. American Chemical SocietT. lunrheon. Srverin. Universal Club, lunrheon. Columbia Club. Republican Veterans, luncheon. Washington Theta Chi. lunrheon. Washington Phi Gamma Della. 6 p m Athenaeum Annual reunion of past and present employes of Central state hospital was held in Brookside park Sunday. Next year's reunion v.ll be held ttye first Sunday of August. Gladys Cole, 1426 North New Jersey street, was robbed of a purse containing $9 and a white gold ring while she was at SS. Pmer and Paul church. Fourteenth and Meridian streets, Sunday, she reported to police. Mrs. Lulu Lorreto, 23. of 728 North Capitol avenue, was reported missing today by her husband. Manuel Lorreto. He told police that his wife had been threatened by a man employed at a downtown club. Ralph Shepard. 24. of Tipton. Ind., reported to police today that he (lad been held up Sunday night at Senate avenue and Market street, by a Negro gunman and robbed of $5. Members of the Rotary Club will hear Lou Erbrich, president of the J. H Erbrich Products Company, in the meeting in the Clavpool Tuesday. Melvin Sample has been elected president of Nu Siema chapter. Chi Sigma Chi fraternity. Clary Hampton was elected secretary and Edward Werler, treasurer. “Nature as Seen on the Farm’ was the topic of an address by Ed Palmer Sunday morning at a meeting of the Christian Fellowship Builders’ class, an interdenominational society, in the Fountain Square theater building. Mr. and Mrs. Frank M. Hay of 545 Highland drive, will celebrate 'heir sixty-sixth wedding anniversary Tuesday. Open house will be held at the home from 2 to 9
Abbott, Hoppin & Company 203 Continental Bank Building RI ley 5491 Indianapolis New York Pittsburgh Chicago MEMBERS: New York Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Exchange Chicago Stock Exchange New York Produce Exchange Chicago Curb Exchange Commodity Exchange. Inc., N. Y. New York Coffee and Sugar Exchange Co-Managers James T. Hamili Kenneth K. Woolling
PAGE 11
GRAIN FUTURES WEAK IN DULL TRADING RANGE
Holiday at Liverpool and Winnipeg Restricts Action. BY If \ROLD E R MNVILLE I niled Frr* ’Mi'fT ( irrfpuudfnl CHICAGO. Aug 7 - Wheat and ■ corn he'd to a range of about a cent in a desultory trade on the Board of Trade today, never getting | far from the previous close, but , finishing slightly lower. Speculative interest was at a bare minimur.L owing to the holiday In foreign markets. Routine news was ignored The other grains followed wheat, suffering from sporadic bursty, oi buying or selling. Close Is Lower At the close wheat was \ to cent lower, corn was s to T - cent ' lower, oats \ to H cent lower rye , to * cent higher, and barley unchanged to- 4 cent lower Provi- ; sions were dull, steady to weak. With Liverpool and Winnipeg ' closed, the local market had to dct>end entirely on domestic developments for incentive, and the.se were I few- Easiness in stocks and cot'on | caused some selling early. Cash prices were 4 to 1 cent higlier Re- • ceipts were 81 cars. Corn started lower with wheat and recovered with that grain Midsession. however, prices still were * to 4' cent under the previous close. Rains Arc Reported Some rains over Sunday Ind a i depressing effect, offse*ting the rising temperatures. Cash circles were quiet, sales 25 000 bushels and bookings 3.000 Cash prices were 4 Ito 1 cent higher Receipts were 99 • cars Oats was unevenly steady most j of the morning with the major cereals. holding ' rent lower to 4 cent higher at midmorning Rye showed strength and was 4 to 1 cent higher Sales of oats were 1.000 bushels with 2 000 bushels booked. Cash | prices were 1 to 14 cents higher. Receipts were 112 cars. Chicago Primary Receipts —Aug 5 L*st. Todar v if ii Wheat . 816(MM 0 Corn 370 000 . 0 Oats . 837.000 724 000 Chicago Futures Range —Aug 7 I WHEAT- Prev. Open High L*>,‘ Close clo:e Sept . . JB4 P9>, 974 98 98'. Dee 1.014 1.02 1 OOS 1 01 101, M f 105 106 1 04’, 105 1 05 '■ * CORN Sept .54', 55 s , 84’. 54 4 55N, Dec. 59 4 594. 58 4 58 4 554 7I a v 64 1 j 6.8', 64 64', 64'* OATS I Sept 394 404 39’, 394 404 Dec 42 4,43 4 42 s , 424 4,3 Mtv 36 469, 4|. 45-. 4 , RYE— Stpt .73 744 724 73 s , 73 ! Dee 7R4 79’, .7 8 78 4. 78 4 Mas- 83'j 85 c'3 4 S3’, 83 BAR.LFV - ‘ B*>pt .53 53 s , 53 53 .53 Dec .574 .57 4 , M LARD— 4 624 Sept 620 620 617 617 622 Oet . 6 .35 635 632 632 635 Nov ... .- 640 655 Dec 662 662 655 655 660 ; J *BELLIEB- ' ' 887 687 Oct 690 690 rHKAGO CASH GRAIN CHICAGO. A'ig 7 Cash grain, close Wheat No : red 974 v. • , •, 2 red 96 ,4) 97c No 1 hard 97 ;974r No 2 hard No 3 hard. 954 ■ 96c ' NO 2 mixed. 96',c. No 3 mixed 95-. j' 8a I ,c Corn No 3 mixed 52 4c mixed. 494 c. No I vellots' 53’r No 2 yellow, 534 c. No 3 vellow 534/534 No 4 yellow. 52c No 5 veilow ,2' No 6 yellow. 50c No 2 ah:** 554 c Oa'a No 2 white, 384*i40',c No 3 ih:" ?7vj394e No 4 white 354.4,354' sample trade, |4'aOtßß,c. Rye—No. 2. 714 c Barlev—4oo 64c Timothy—s 4 254 4 50. Clover —$ 9 8 12 50 TOUDO CASH GRAIN lin l mtrtl pr> *, TOLEDO Aiv 7 Grain close Gr t.n In ele, ators. transit billing Wheat ,V 2 red i#74c Corn No 2 yellow. 58 . Oals No 2 vhi'e 43 4 44c R-e No 2. 76 4 /77 4c Track prices 284 c rate Wheat ■ No 1 red. 924'934c. No 2 red 914 ■ j 32c Corn- No 2 vellow. 33 4";344r No. ■3 yellow, 32' ,33 Oit No 2 white, 39„ 2r. No 3 374, 11c Toledo ""i close Clover -Ca-h. $8 50 Ooober ?, 75R ,A; .Ike- Cash. $8 75 August. 4ft 4 To.' do I prodlire close B i"fr Far.cv creamer - .'. 25e Eggs-Extras. 14*T L 4 2 c Hay—Timothy. per cwt 75r ST LOUIS CASH GRAIN B.’< I nUfti /'red, ST LOUIS. Aug s—Cash grain close: sVheat—ln good demand, red grades 4 to 1 2c lower No 1 red 954 c No 2 red 94 4 4; 96c; No 3 red. 9345 944 c No 2 :ed gar- ; lirkv. 864 c. No 3 red garlickv. BD.c hard I grades s-ead, No. 2 hard. 91c Corn—ln lair demand unchanged No 2 yelle.w 52 4 •7 53c. Oats—ln lair demand, un'-hanged; No 2 white 37 4c No .3 white 36 ,364 c; No 2 red. 36c No. 3 red. 34c Indianapolis Cash Grain —Aug 7 Th b.rj, f or ra- lot., of grain a' the call of the Indianapolis Board ot Tnd i; o. b . shipping point, basis 414 New ■ York ratx 1 were Wheat No 1 red. 8545 87c No 2 red 8436'. No 2 hard. 85 .■ 87r f ri Ea Nc 2 ■■;..•(• 50 No 3 white 494, 50c. No 2 -.ellow 48 . 49" No 3 ,e.low 47'., 48c No 2 mixed. 47 ' 48e No 3 mixed. 464, 47c. Oats—steady N ( 0 , hl . e 33445 34 4c: No 1 white 32' '5 334 c Ha* :. o b court;, poln's taking 234 c or less rates to Cincinnati or LouhTlle.— i.-i, . Inspection*— Wheat- No 1. car No 2 red 4 cars; No 3 hard. 1 car No 1 m,xed. I car No 2 mixed 1 car To'a: a carCorn—No 2 white 4 car No 3 whi'e 2 cars No 4 ■> i Mte 1 car V 1 yellow : car. No 2 vel.ow 14 car- No 3 16/, , 1 cars. No 4 vellow, 2 cars No 5 v ; 'll N °, * yellow. 1 ear No 2 mixed 1 | car Total, si era? Oats—No 2 whi'e 14 car , 3 * hi'e * W'hije 2 ear- N j r .,; X e'd 1 cars. No 3 mixed 1 car To*a: 63 car OfDIANAPOLIS WAGON WHEAT City gram elevators are pa-;ng 84 cent* soft red wheat. Otr.er grades on the:r merit* After five years’ study, an Illinois doctor has produced a vaccine for whooping cough which appears to have real preventive value.
