Indianapolis Times, Volume 45, Number 285, Indianapolis, Marion County, 9 April 1934 — Page 8
PAGE 8
Wall Street Financial, Business Skies Clearing: Pay Rolls at New Peak. BY RALPH HENDERSHOT Times Special Financial Writer *’l 'tit. nnanciai ana business skies appear to be clearing. It looks very much now as if the FletcherRaybum bill will be modified to an extent which will make it both effective and workable and at the same time eliminate the features which would seriously affect business. Testimony such as that given
recently by; Samuel Unter- ! myer can hardly j be overlooked by congress. Even Ferdinand Pecora, the man who did most to bring the legis-1 lation about, has asked for certain changes. Recent dispatches from Washington in- ! dicate that the ! securities act of j 1933 also may be eased to some extent. If that happens and a ;
Ralph Hendershot
reasonable regulation bill is enacted there is every reason to believe that j long-term credit will begin to flow into industry again. With the government financing fairly well pro- : vided for and the necessity for I federal financing of trade elimi- ! nated, the way would be opened for a ! substantial improvement in busi- j ness. Another encouraging development was the announcement from Washington recently that pay rolls in American manufacturing industry established anew peak since 1931 in February. Employment also was at anew top. Moreover, it was thought that March would make a better showing than did February. Cor- j porate returns for the first quarter j of this year, which will begin to j make their appearance shortly, undoubtedly will reflect the trade betterment. n a a Wall Street Out of Touch STREET, generally re- * * garded as the first place in the country to note business changes, has been having so much trouble of its own in recent months 1 that it is a fair guess that it has! overlooked much of the improvement which has occurred. It is probably further out of touch with actual conditions than ever before also because of the shift of the banking business to Washington. The ‘ master minds” in business say that trade is likely to keep to the uptrend until around the first of June, when the usual midsummer slump is expected. It is feared that this slump may bring about another crisis and that out of it will come additional inflation. The test in all probability will be the extent to which private business can absorb those workers who have been employed either directly or indirectly by the government. The pump has now been primed, and it remains to be seen whether water will appear. B B B The March Comparisons IT is worth remembering that the bank holiday last year fell in March and that as a result business suffered a sharp slump. There may be those who will get excited over March returns this year when comparing them with 1933 and then become disturbed when April results show and the same rate of increase is not maintained. A partial offset to the bank holidays, however, is the fact that there were five Saturdays in March this year, as compared with four last year. TWO JOIN STAFF OF INVESTMENT HOUSE Fenner and Beane Reports Addition to Local Office Force. Russell W. McDermott, manager of the Indianapolis office of Fenner & Beane, investment brokerage firm, 512-14 Circle Tower buiiding, today announced the addition of Ferris Olwin and George S. Mayse to the local staff. # Mr. Olwin for several years was manager of the Indianapolis Better Business Bureau and has an extensive acquaintance with Indianapolis business men. Mr. Mayse has had seven years' experience in the investment trading business and is well known throughout the state. In making the announcement. Mr. McDermott said that the addition of Mr. Olwin and Mr. Mayse was in line with the firm's policy to afford the public the best service possible in connection with its rapidly developing business.
Produce Markets
Delivered in Indianapolis Prices—Hens, 11c. Leghorn hens. Bc. Leghorn spring-er-stags. 8c; large springer-stags. 9c; cocks 5 lbs. and over 6c: under 5 lbs.. 4c; ducks, full feathered and fat. 4'j lbs. and over 7c; geese. sc: young guineas. 1* 2 to 3 lbs.. 30c: old guineas. 20c. No. 1 strictlv fresh country run eggs, loss off 13c each full case must weigh 5 lbs. gross; a deduction of 10c a opund for each pound under 55 lbs. will be made. Butter—No. 1 25@26c. No. 2 23224 c: butterfat. 21c.— Quoted bv Wadlev. • B? I'nited Pres* NEW YORK. April 9—Potatoes—Firm: Long Island $llOO 220 bbl.. Southern $3 2 3.75 bbl Maine $1 25 53 85 bbl.: Idaho. s3<g2 25 sack: Bermuda $52 7 bbl ; Canada. $1 7522 bbl. Sweet Potatoes— Firm. Jersey basket. 50c251 60. Flour —Dull: springs patents. $6 35 56 60 bbl. Pork —Steady. S2O 25 bbl. Lard—Steadv Middle West Spot—s 4 852 495 per 100 lb's. Dressed Poultry—Dull: turkevs. 183 25 ! 2 c: chickens. 9© 28c: broilers. 14 ,:29c: capons. 20232 c: fowls. 13218 c. Long Island ducks. 14 r s®17c. Live Poultrv. steadv: geese. 7 <g9c: turkeys. 18©25c: roosters 10c: ducks 28 220 c: fowls. 16c. chickens. 10© 12c: capons. 225: broilers. 12027 c. CheeseDull: state whole milk fancy to specials. 18319 c. CHICAGO FRI’IT MARKET By United Prcts CHICAGO. April 9 —Apples—Michigan Baldwins. $1400150 busnel Carrots— Illinois. 50060 c bushel. Spinach—Texas. <sc<Ssl bushel Beans—Southern green. $2 2502 50: wax $2 2503 25 Cucumbers— Central western hothouse. $2 0250 . 2 dozen to box. Tomatoes—Florida $1,250 2.75. Sweet potatoes—Tennessee. $1 650 1.75: Indiana, $202.15. Mushrooms—lllinois. $5 030 c Asparagus—California $1 25 02 75. Leaf lettuce —Illinois hothouse. 35045 c. 10 pounds Onion market, 50-lb sacks—Western Valencias $101.15: Michigan yellows. 9Oc0*l: western whites. $l5O @1.65; Oregon vellows. 75c051: Central western yellows. 65c®$l: Texas yellows. $1.7502. NEW YORK COFFEE FI'TI'RES —April 7 RANTOvS High. Low Close Marcl* . 11.12 May 10 50 10 45 10 49 July 16 S3 10 59 10 63 September 10 95 10 90 10 94 December 11 05 11 04 11 04 RIO January 8 56 March 8 60 Mav 8 21 8 15 8.21 Julv 8 35 8 30 8 35 September 8 45 8 43 8 44 December 8.52 8.42 8 52
SECURITY PRICES DRIFT LOWER IN DULL SESSION
SWINE VALUES DIP 20 CENTS AT CITYYARDS Vealers Unchanged at $6 Down; Lamb Prices Steady. Sharp decline was evident in porker prices at the Union stockyards this morning, with most values around 20 cents lower than Saturday’s average. Extremely large •eceipts was believed responsible [or the initial decrease. Bulk of 160 pounds and upward, vas selling from 53.85 to S4, while few small lots of choice kinds -anged up to $4.05. Weights scalng from 130 to 160 pounds brought 53 to $3.50. Light slaughter pigs, weighing LOO to 130 pounds, sold at $2 to $2.75. Receipts were estimated at 9,000. Holdovers, 501. Slaughter steers in the cattle market were slow and steady to slightly lower than the previous close. Lightweight steers were salable under $6. Receipts numbered 600. Vealers continued unchanged, selling at $6 down. Receipts were 600. With practically no test made of the lamb market, early supplies consisted mostly of small lots salable from $6 to $7. Receipts were 200. Asking on hogs at Chicago remained steady with Friday’s average, while early bids and sales moved around 15 to 20 cents lower at $4.15 down. Receipts were estimated at 34,000, including 13,000 directs; holdovers, 1,000. Cattle receipts were 14,000; calves, 2,000; market, weak. Sheep receipts numbered 19,000; market, weak. HOGS April. 3. $4.00® 4 20 $4 25 7,000 4. 3.90<® 4.15 4.15 6.000 5. 4.10® 4 25 4.25 4,000 6. 4.10® 4 25 4.30 6.000 7. 4.05® 4 20 , 4.25 2.000 9. 3.85@ 4.00 4.05 9.000 Market, Lower. (140-1601 Good and choice $ 3.25® 3.50 —Light Weights—-'l6o-180) Good and choice .. 3 85® 3.90 1180-200) Good and choice.. 3.95® 4.05 —Medium Weights—-i2oo-220i Good and choice -. 4.00® 4.05 (220-2501 Good and choice ■ ■ 4.00@ 4.05 —Heavy Weights—--1250-290) Good and choice ... 4.00® 4.05 (290-350) Good and choice ... 3.90® 4.00 —Packing Sows—(3so down) Good 3.15® 3.40 (250 upi Good 3.00® 3.25 (All weights) Medium 2.75@ 3.15 —Slaughter Pigs—-(loo-130) Good and choice... 2.00® 2.75 CATTLE Receipts, 600; market, steady. (1,050-1,1001 Good and choice $ 6.25® 7.25 Common and medium 4.25® 6.25 (1.100-1,500) Good and choice 6.00® 7.50 Common and medium 4.50@ 6.00 (675-750) — Good and choice 5.25® 6.25 Common and medium 3.00® 5.25 (750-900) Good and choice 4.75® 6.00 Common and medium 2.75® 4.75 —Cows— Good 3.25® 3.75 Common and medium 2.75® 3.25 Low cutter and medium 1.50@ 2.75 —Bulls (yearlings excluded) Good (beef steers) 2.75® 3.50 Cutter, common and medium. . 1.50® 2.75 VEALERS Receipts, 600; market, steady. Good and choice $5.50® 6.00 Medium 3.50® 5.50 Cull and common 2.09® 3.50 —Calves— Good and choice 3.50® 5.00 Common and medium 2.00® 3.50 —Feeder and Stocker Cattle—-(soo-900) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 (800-1,500) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 ikHEEP AND LAMBS Receipts, 200; market, lower, shorn easier (90 lbs. down) Good & choice $ 7.00® 7.50 190-110 lbs.) Good anand (500 lbs. down) Com. and med. 6.00® 7.00 —Ewes — Good and choice 400 ® 5.00 Common and medium 2.00® 4.00 Other Livestock By United Press CHICAGO. April 9.—Eggs—Market unsettled; Receipts, 44.694 cases; extra firsts, 16c; fresh graded firsts, 15%c; current receipts 14 3 4c; dirties 13*2; checks, 13. Butter—Marxet unsettled; receipts, 11,049 tuos; extra firsts. (90-91% score: 20 a 4C; firsts iBB-89% score) 20-20%c; seconds 1 86-87 1 3 score) 19%c; extras (92 score) 21c; specials, 21%-22c; standards, 20 3 4C. Poultry market firm; receipts. 13 trucks, two cars due. Light hens. 15%c; ducks. 16® 17c; old roosters, 9c; springs (colored and white rocks) over 3 lbs., 22c; colored and white rock broilers. 24c: geese 9%c; Plymouth rock broilers, 26; leghorn broilers. 22; barebacks. 19c; capons. 20c. Cheese —Twins 12%<ai2%c; longhorns, 12%® 13c; daisies, 12%®13. Potatoes— Old stock —supply liberal; demand and trading moderate; market about steady; Idaho russets, three cars 51.65. two cars. $1.67%; U S. No. 2, $1.45; Washington russets, combination grade, three cars, 51.50. Colorado McClures, one car, $1.75, two cars. $1.77%, one car. $180; Wisconsin round whites, combination grade, one car. $1.30; Red river section—Minnesota and North Dakota cobblers, one car fine quality. $1.70: Ohios. one car, $1.50; one car. 51.55; Minnesota round whites one car. $1.45; Nebraska triumphs. 51.50. New stock—supply moderate; demand and trading moderate; market about steady; sales to joo’oers. 50 lb. sacks Texas bliss triumphs. $1.50® 1.60; Florida bushel crates bliss triumphs. $1.60® 1.70. Shipments Saturday 958, Sunday 17; arrivals 2b7. on track 438. CLEVELAND. April 9.—Butter market weak: extras 25c; standards, 24%c Eggs market steady; extra whites. 15c: current receipts, 14%. Poultry market barely steady; colored fowl mediums. 15® 16c; leghorn fowl, heavy. 13® 14c; springers smooth. 15® 16c; fancy colored oroilers. 27®28c: stavs. 12; ducks, white voung, 5 lbs., and up. 18c: old roosters. 10c. Potatoes —Maine mostly around $2.25; fewhigher; Idaho mostly $2.10®2,15; Ohio and New York mostly $1.85®1.90. EAST ST. LOUIS. 111.. April 9—Hogs— Receipts, 15.000, including 150 through and 2.000 direct; market, slow; most bids and few sales la to 25 cents lower; sows, 10 to 15 cents off; early sales. 180-240 lbs.. S4; small lots up to $4.10: few- 140150 lbs. $3 25 ®5.65: sows. $3 20® 3 30. Cattle —Receipts, 3.200. calves. 2.300; market, opened slow on steers with a fewearly salej , aboul steady and indications weak to lower on others; mixed yearlings and heifers in narrow demand; cows and bulls opened about steady; vealers unchanged: a few steers. $5 40® 6; cows, $2.75®3.50: low cutters. $1.25® 1.75; sausage bulls largely s3® 3.25; practical top on vealers. $6 with lew at $6.25; nominal range slaughter steers. $3,756 7.2a; slaughter heifers. $3.50 v 6 25. Slaughter steers. 550-1.100 Ris.. good and choice. $5.75®7.25; common and medium. $3.75® 5.25: 1.100-1.500 lbs. choice. 6.50®7.25: goc-d. s.so® 6.75. medium, $5®5.75. Sheep —Receipts. 2.000; market not yet established: packers taking lower: small lot steady to choice butcher: few clipped lambs $7 50 down; spring lambs. slo.o® 11. Lambs. 90 lbs., down, good and choice. $8 75 3 9.25; common and medium $66 8.75: 90-98 lbs., good and choice. 58.25® 9.15; yearling wethers. 90-110 lbs., good and choice. $6.75®8 25; ewes. 90-150 lbs . good and choice. $3.7565.50: all weights common and medium. $2.75® 4.25. FT. WAYNE. April 9—Hogs. 10 to 20 cents lower 250-300 lbs . $3 95; 200-250 lbs. $3 85. 180-200 lbs.. S3 75; 160-180 lbs.. 53.65; 300-350 lbs. $3.50: 150-160 lbs. 53.25; 140-150 lbs $3 130-140 lbs . $2.75; 120-130 lbs . 52.25; 100-120 lbs . $2; roughs. $3.75: stags. $1.50. Calves. $6; iamos. $8.75 down. LAFAYETTE April 9—Hog market 10 to 25 cents lower: 200-325 lbs $3.60® 3.85; 170-200 ibs . $3.65®3.75 157-170 lbs $3.25 ® 3 55: 13C-150 lbs. $2 7563. 120-130 Ibs. $2.25)1 2.50: 100 6 120 lbs . $1.75®2; roughs. S3 25 down: top calves, $5; top lambs. SB. CLEVELAND. April 9.—Cattle—Receipts. 1.000: market. 2a cents lower in dull trading; choice steers 750 to 1.100 lbs.. $6 50 ii 7.50 650 to 950 ibs. $5.5066.50: 900 to 1.200 lbs $5 2566 25. heifers. 600 to 850 .bs., 54 506 5 50: good cows all weights $2 75 6 3 50. Calves —Receipts. 700. market acme and steady; quality of run is poor, prime veals. $6.50® 7; choice. $6 66 50; medium. $56 6; common. $3 450 Sheep sfnd lambs—Receipts. 3.000. market 2o cents lower in quiet trade; good to choice wool lambs. 596 9 25: medium to good. s7®9: culls and cuts. $56 7: choice clipped lambs. s7® 7 25; medium to good. $56 7; prime wether sheep. $5 n 6 choice ewes. $46 5: medium to good. $36 4. Hogs—Receipv 1.800; market. 15 cents lower irrtfull trade: 250 to 300 lbs , $4 J 4.25: 220 to 250 lbs *4 256 4.25 180 to 210 lbs.. $4.25; 150 to 180 lbs.. *4.25; pigs. 100 to 140 lbs., *2.75® 3, roughs, $2,753 3, stags, $1.75.
Chicago Stocks | i By Abbott. Hoppin & Cos. 11 —April 9 High. Low. 11:30. I BerghofT 8 3 4 8% 8% Bendix Aviation 19 Borg-Warner 25 Butler Bros 10% 10* a 10 Vi Cent & So West lVa Chicago Corp com 2® 2% 2 5 a Cities 6ervice 2% 2*4 2% Commonwealth Edison. . .. 56 Cord Corp 7 6% 6% Crane Cos .. . 9% Gen Household Ut 16% 16% 16% Great Lakes Aircraft... % Great Lakes Dredge ...19% 19 19'* Libby McNeil 5% 5% 5% Marshall Field 19® 19 19V* Middle West Utilites...- *4 >4 ' National Standard ... . 24® Noblitt-Sparks Indu Inc 15% i5% 15% Swift & Cos 18% 18V, 18>a Thompson JR 8% Zenith Radio 3%
Bond Prices
(By Fenner & Beane.) —April 9 High. Low 10:30. Alleg Corp 5s 50 43** 43% 43% Am&For Pwr 5s 2030 52% 52 52% A T & Tdb 5s 65 ... 107‘* 1071a 107% Atchison gen 4s '95 ... 101 3 /, 101 V* 101V* B & O cv 4%s 60 ... 71 70% 70% Beth Steel 5s A '36 102% Can Pac 4s 79% CHMStP&P adjssA 2000 18’, CHMStP&PrfSs A '75 55% 55 55% Cons Gas NY 4Vis 'sl 103% Erie RR rs 5s ’67 73% Goodyear 5s ’57 98% 98Vi 98% Gt Nor 7s A. ’36 98V 2 98V 98% Interboro RT 5s 6 71 Int T&T db 5s ’55 69% Lorillard 7s ’44 118 McKess&Robb 5%s ’SO 82 % 81% 82% Nat Dairy db sxs ’4B 92% NY Cent 4%s O 2013. 79% Poland 7s '47 98% Royal Dutch 4s A '45 141 Shell Un Oil 5s '47. .. 99% 99 99% Texas Corp 5s ’44 .102% 102 102% Tob Pr NJ 6%s 2022 . 106% Un Pac Ist 4s ’47 ... 104 103% 104 US Rubber 5s A ’47... 87 86% 86% Vanadium 5s '4l .... 81% Ygstwn S&T 5s B ’7O 85%
Federal Farm Loan Bonds
(By Blyth & Cos., Inc.) —April 7 Bid. Ask. 4s Nov. 1. 1957—37 98% 99% 4s Mav 1. 1958—38 98% 99% 4%s July 1, 1956—36 99 100 4%s Jan. 1. 1957—37 99 100 4%s May 1, 1957—37 99 100 4%s Nov. 1, 1958—38 99 100 4%s May 1, 1942—32 100 100% 4%s Jan. 1, 1943—33 99% 100% 4%s Jan. 1. 1953—33 99% 100% 4%s July 1, 1953—33 99% 100% 4%s Jan. 1. 1955—35 99% 100% 4%s July 1, 1955—35 99% 100% 4%s Jari. 1. 1956—36 99% 100% 4%s July 1, 1953—33 100% 101% 4%s Jan. 1, 1954—34 100% 101% 4%s July 1, 1954—34 100% 101% 5s Mav 1, 1941—31 101% 102% 5s Nov. 1. 1941—31 101% 102% Home Loan 4s, July 1, 1951 100% 100% Federal Farm Mortgage Corporation 3%s March 15, 1964—44 101 101%
New York Bank Stocks
Abbott, Hoppin & Cos. —April 7 Bid. Ask. Bankers 62% 63% Brooklyn Trust 94 96 Central Hanover 125% 126 Chase National 28% 28% Chemical 40 % 41 National City 29% 29% Corn Exchange 55 56 Continental ;... 13% 13% Empire 18% 19% First National 1660 1675 Guaranty 345 347 Irving 17% 18 Manhatten & Cos 31 31% Manufacturers 21% 21% New York Trust 99 100 Public 30V* 31
Daily Price Index
By United,Press NEW YORK, April 7.—Dun & Bradstreet’s daily weighted price index of thirty basic commodities compiled for the United Press: (1930-1932 Average, 100) Today 107.78 Yesterday 107.77 Week ago Closed Month ago 108.69 Year ago (April 8) 74.77 1934 high (March 12) 110.24 1934 low (Jan. 3) 101.05 Copyright. 1934, by Dun & Bradstreet, Inc
In the Cotton Markets
—April 7 CHICAGO High. Low. Close. January 12.46 March , 12.55 May 12.15 12.13 12.14 July 12.28 12.24 12.24 October 12.37 12.34 12.36 December 12.45 12.42 12.43 NEW YORK January 12.44 12.37 12.44 March 12.51 12.45 12.49 May 12.09 12.04 12.05 July 12.18 12.13 12.14 October 12 30 12.24 12.28 December 12.39 12.22 12.36 NEW ORLEANS January . .... 12.40 March 12.48 12.47 12.48 Mav 12.09 12.04 12.08 July 12.16 12.12 12.13 October 12.28 12.24 12.26 December 12.37 12.33 12.36
Retail Coal Prices
The following prices represent quota* tlons from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. DOMESTIC RETAIL PRICES Anthracite $4.25 Coke, nut size 8.75 Coke, egg size 8.75 Indiana, forked lump 5.50 Indiana, egg 5.00 Indiana, mine run 4.75 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg T. 8.25 Pocahontas forked lump 9.25 Pocahontas mine run 7.25 New River smokeless 8.25 West Virginia lump 6.75 West Virginia egg 6 50 Island Creek 7.00 Extra charge of 50e a ton for wheeling coal, and $1 a ton for coal carried to sin. PASTOR DEFIES HITLER: PREACHES OESPITE BAN Full Congregation Hears Anti-Nazi Cleric Assail Worldliness. By United Press BERLIN. April 9- The Rev. Martin Niemoller, in open defiance of the Nazi church leadership, preached to a capacity congregation last night at the church in the i suburb of Dahlem. from which he was suspended for opposing Reich Bishop Ludwig Mueller. Mr. Niemoller took his text from the first epistle of John, and preached on the victory of faith over worldly influences. Mr. Niemoller was supposed to have been supplanted yesterday by a Nazi ; pastor. The successor, however, was understood to have given up the idea because of opposition by the congregation to Mr. Niemoller’s removal. Other Livestock Br United Press By Times Special LOUISVILLE. April 9.—Cattle—Receipts. 650; supply light; demand limited; market slow, generally steady with close of last week or around 25c lower than last Monday on most slaughter classes; bulk common to medium, steers and heifers. s44i 4 75; most better finished kinds. $5415 50: very few good kinds on sale but best around 600 lb. baby beefers. *6; bulk beef cows. $2.50413.25; practical top. S3 50; low cutters and cutters. $125412.25: sausage bulls. S3 50 down: Stockers and feeders moderately active: fully steady; common to medium grade natives, mostly $3 '<i4: well bred Hereford and Shorthorn Stockers. $5415.50. Calves—Receipts. 500. including load or so of stock calves: market. steady: better grade vealers in best demand; bulk $4.15: strictly choice kinds. ■ $5 50: medium and lower grades slow at S3 50 down Hogs—Receipts. 1.200 market 20c lower than last Friday and Saturday; 170-240 lbs. $3 95: 245-270 lbs. 53.60: 2 1 T5 lbs. up. $3.25: 145-165 lbs.. *3 10; 120-140 lbs . $1.75; sows. $2. Sheep—Receipts. 75; wooled sheep and lambs, steady: spring lambs around 25c lower; medium to good wooled lambs. S74JB; choice eligible higner; common light throwouts mostly *5; fat pooled ewes, 52.50&3; best spring iambs.
THE INDIANAPOLIS TIMES
RAILROAD LIST HOLDS GAINS AS OTHERSJLUMP New Strike Threats in Auto Industry Accounts for Selling Drive.
Average Stock Prices
Average of thirty industrials for Saturday: High, 103.91; low, 103.20; close. 103.60, off .35. Average of twenty rails: 49.34. 49.04, 49.22, up .02. Average of twenty utilities: 26.10, 25.91. 26.00. off .14. Average of forty bonds: 94.06. up .15. Average of ten first rails: 99.59, up .23. Average of ten second rails: 83.36, up .14. Average of ten utilities: 97.05, up .21. Average of ten industrials: 96.25, up .04 BY ELMER C. WALZER United Press Financial Editor NEW YORK, April 9.—Prices drifted lower in dull trading on the Stock Exchange during the morning dealings today. Around noon a majority of stocks registered losses of fractions to a point with motor shares weakest. Threats of new strikes in the automobile industry accounted for sellers of the leading motors. Chrysler declined to 53 %, off T's; General Mo- j tors 38%, off %; Nash, 25%, off 1; Hudson Motors 20%, off %, and Mack Trucks 32, off American Telephone dipped to 118%, off %; Consolidated Gas 37%, j off %; General Electric 21%, off %; United States Steel 51%, off %, and Westinghouse Electric 37%, off %. Rails held small gains. United States Smelting also moved against the trend, reaching 129%, up 1% in anticipation of favorable silver legislation. oils were about steady. Armour of Illinois preferred made its customary daily high at 69 %, up %. Moderate activity was noted in the wet stocks which declined small amounts.
Bank Clearings
INDIANAPOLIS STATEMENT —April 9 Clearings $1,624,000.00 Debits 3,928.000.00 TREASURY STATEMENT By United Press WASHINGTON, April 9.—Government expenses and receipts of the current fiscal year to April 6, compared with the corresponding period of the previous fiscal year: This Year. Last Year. Expenses $5,038,193,423.88 $3,848,828,227.40 Receipts . 2.364,062,826.75 1,552,762,551,20 Deficit ... 2,674,130.597.13 2,296,065,676.20 Cash bal... 4,711,680,816.50 New York Curb (By Abbott, Hoppins & Cos.) —April 7 Close. Close. Allied Mills . . 8% Hud Bay Min... 14% Alum Cos of Am 76 Humble Oil 44 1 2 Am Cyanide B 20% Imperial Oil Ltd 14% Am Gas &E) . 25 1 /* Int Petrol 24% Am Superpower 3% Lake Shore Min 54% Atlas Corp 12% Lib McN Libby. 5% Axton Fish Tob 62% Lone Star Gas. 6% Brazil Tra & Lt 16% Natl Bellas Hess 4 Can Marc 2% Newmont Min.. 54% Cities Serv 3 Nia Hud Pwr . 6% Common we Ed. 55 Novadel Agene. 61 Cord Corp .... 7 Pan Am Airway 40 Creole Petrol . 11% Penn Road 3% Crown Ck Inti. 7Vs St Regis Paper. 3% Deere & Cos 29% Sal Crk Prod .. 7% Distillers Corp 19% Sherwin Wms.. 65% Eißnd&Sh .. 16%!Std of Ind .... 27% Fisk Rubber .. 17%!Technicolor Ind 8 Ford of Can A 24%!Teck Hugh Gold 7% Ford of Europe 7 iUn Gas 3 Glen Alden Cl 17 !Un Pr &Lt A . 3% Gulf Oil of Pa. 67 IWri Harg Min.. 10 Hiram Walker. 44%|
Foreign Exchange
(By Abbott, Hoppin & Cos.) —April 7 ~ „ , Close. Sterling, England $5 17 Franc, France 0660 Lira, Italy . 0 863 Belgias Belgium 2530 Mark, Germany Guilder. Holland .6771 Peseta, Spain 1366 Krone, Norway '2598 Krone, Denmark 2309 Yen. Japan 3053
Investment Trust Shares
(By Abbott. Hoppin & Cos.) —April 7 . Bid. Ask. American Bank Stocks C ... 1.18 1.22 American & General Sec A... 5.00 700 American & Inv Tr Sn 1.50 British Type Inv Tr Sh .55 .60 Basic Industry Shares 3.50 360 Collateral Trustee Shares A . 4.95 505 Corporate Trust Shares (old) 2.17 221 Corporate Trust Shares (new) 2.45 255 Cumulative Trust Shares .... 4.22 430 Diversified Trust Shares A.. 6.28 Diversified Trust Shares 8... 8.12 837 Diversified Trust Shares C... 3.27 3.31 Diversified Trust Shares D... 4.90 5.00 First Insurance Stock Corp... 130 1.35 First Common Stock Corp... .83 .86 Fixed Trust Oil Shares A 8.80 .... Fixed Trust Oil Shares B 7.70 Incorporators Investments 18.75 19.00 Land Bank Bond Shares 1.10 1.22 Low Priced Trust Shares... 6.50 6.75 Mass Inv Trust Shares 19.36 21 04 Nation Wide Securities 3.50 3. 60 North Am Trust Shares (53). 1.92 North Am Tr Shares (55-56) .. 2.47 250 North Am Trust Shares (58) . 2.54 2.58 Selected American Shares.... 1.25 1.30 Selected American Sh Inc .. . 2.75 Selected Cumulative Shares.. 7.00 Selected Income Shares 3,60 400 Std American Tr Shares A . 3.10 3.15 Trust Shares of America 2.94 3.00 Trustee Std Oil A 5.70 590 Trustee Std Oil B 5.20 5.35 U S Electric Lt & Pwr A 12.62 13.00 Universal Trust Shares 3.14 3.19 POPE BREAKS CUSTOM, RECEIVES REPORTERS Collective Audience Is Held for First Time in Vatican. By United Press VATICAN CITY. April 9.—For the first time in Vatican history, the pope held a collective audience | today of foreign newspaper men ! stationed in Rome. He set precedent by receiving j the newspaper men collectively, by ! dispensing with the customary I hand-kiss in the case of nonCatholics, and by personally greeting each newspaper man. NEW YORK RAW SUGAR FUTURES —April 7 . _ High. Low. Close. | January f... 1.58 1.56 1.58 i March 1.62 1.60 1.62 i Mav 1.40 1.37 1.40 I July 1.47 1.45 1.47 September 1.52 1.50 1.52 | December 1.57 1.55 1.57
Abbott, Hoppin & Company 203 Continental Bank Building Riley 5491 k ‘"“i— - p ass, • MEMBERS: New York Stock Exchange Chicago Board of Trade New York Curb Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Curb Exchange New York Produce Exchange Commodity Exchange, Inc. New York Coffee and Sugar Exchange, Inc. Chicago Mercantile Exchange Co-Managers James T. Ham ill Kenneth K. Woolling
—New York Stocks — ■ 1 <Bv Abbott. Hoppin & Cos.) “—'
—April 9 Prev. Oils High. Low. 10.30. close. Amerada 5 * l 523 * 52'* % 0 i Atl Rfg 3 2,. 91! Barnsdall ;• .x 3 8 ,93! Consol Oil 12% 12% 12 s 72 8 Cont of Del 20 20% Houston ) new) ,2 2 Houston (old) 2 i 3 , Indian Rfg ~, 7 4 Mid Cont Pet 13 ‘ Phillips Pet 19 8 ‘J * Pure Oil I 3 '* 12 * Sbd OH 3 ‘ 22 Shell Un 10 f? Skellev Oil * IR7 Ji Soc Vac iSj* ii s . SO of Cal 3 ' 4 h * S O of Kan Ji. SOof N J 48 ® 46 4 Texas Corp ? 13 2 Tidewater Assn IJU 4 Un Oil of Cal 18 * Steels — Am Roll Mills 23 8 Beth Steel 42 ‘ 42 * Ever AM 2 Cruc Steel ff ■,; 34 Ludlum Steel 7 ‘f 6 I®% Natl Steel % 48 Rep Hon* Steel 21% '21% 21% 21% '28% |* U S Steel 51% 51% 51'% 51 * U S Steel pfd 82 Warren Bros 11.. Youngstown S&T 28 Chrysler 53 s 54 2 Gen Motors • 38% 38 * Gen Motors pfd s 2 3 , Graham Mot . . _x,f Hudson 20% 20% 20 -a 20 * Hupp ,2 3 ? MMack Truck ■ • 2s, 4 Packard •• • 5 4 si 8 Reo 4% 4 s*. Studebaker ]. /B Yellow Truck b 0 Motor Access— ... Bendix 19% 19 Bohn Alum 83 * 63 * Borg Warner 24% 24 * Briggs .... “ Budd Wheel 4 t v Eaton Mfg „ 01/ Elec Auto Lite 28% 28% Houdaile ‘‘A” 5/4 ,?, 4 Mullins Mfg pfd Murray Body |% 9 s Stew Warner . ... ••• 8/4 Timken Roll • 35% 35 35 35,s Timken Det Axel 7% 7% 7% i Mining— 21Ti Alaska Jun .. ••• 2 ? 5 4 sUf Am Metals 25% 25% 25 s 25 * Am Smelt 44% 44% 44 % 44 * Anaconda 16% 16’a 1 ? 8 Cal & Hecla Cerro De Pasco 36 36 * Dome Mines 39 a 39 s Granby *37? gLnffirr..-:: ::: | £S W ::::::: ::: Isl Creek Coal.. • •. 5 Kennecott Oop. 21% 21,% 21 s 21 2 Mclntyre Mine 4 |s 4 8 3 , Noranda Cop , 3 ® Park Utah 5% Phelps Dodge 17 2 ii ® St Joe Lead .... •• ••• loai;. U S Smelters 129 128,4 Vanadium ” 2 Amusements — Crosley Radio 13 ® •••,, Fox Thea •••,. 7 5% is 2 Loews Inc 33 32 , 33 33 s Radio Corp 2/® Tobaccos — Am Snuff ?Sia Am Sum Eob iX,, 2 Am Tobocco A. 7 ® 4 2S 4 Am Tobacco 72 < 2 Ligg & Myers Lorillard ■■••• . 01/ ii j? Reynolds Tob 42 ' / * 42 4 Rails— RHi/n Atchison £ tl & c 8 ast . Llnes ::: ::: '29% 29% Can Pac 7 ®% % Ch & Ohio 4 % 47 5 , Chi*& Gt W pfd •• 77/4 C M & St P pfd 77 77 , Chi N 12 2 Erie ••• oil 8 Grt 6 Northern pfd 2 |% 28% Mfttr.::: ::: S * Lou & Nash i?? 7 M K & T 77 3 ® M K & T pfd 26 , 4 Mo Pac pfd.... ■* N Y Cent 36% 36 36 35 * NYC&StLp . 32 4 N Y New Haven N Y Ont & West 037® Nor Pac |3% 33 s Penn R 3o4fe ?2, 8 Reading 2 Sou Psc *• ••• 3914 32% Sou R r pfd3338 3 2 Union Pac 7,J ii 4 Wabash • • • Mi} West Maryland 4 Ams U Chalmers 7^ 4 J,?' 4 aS Ma r ch & & Fdy 17Vs 17 17 * 17 Am Steel Fdy ••• Bald Loco 74 % 74V * Bald Loco pfd Burroughs i, /B Cater Tract 32 ii. Deere & Cos 2 5 3 , El?C Tk Car 22 -21% '22 22v5 Int Harvester... 41% 41% 41% 41> ? Natl Cash Reg 19% 19 ? Pullman Inc 56% 56% Rem Rand 7 ?% 72 % Und Elliot 4 g l/2 West Air 32 32 „ Westingh Elec 38/8 Utilities— Am & For Pwr 19 ••• Am Pwr & Lit 8% 9 AT&T 118 8 77 5% Am Wat Wks 20 2 21% Col Gas & Elec •• ••• 13 % lg 3 4 Com & Sou 2% 2 4 2,8 2% Consol Gas . 38 37V2 38 38 * Elec Pwr & Lit ‘. 2 E P & L pfd 13 1 ® Int Hydro Elec. * 7 * Int TANARUS& T 743 /4 J 4 ;® Nat Pwr & Lit 77 3 4 North Amer 19 78 {} Pac G& E 19% 19% Peoples Gas ••• g!, 4 Postal Tel pfd e.. 4 Pub Srev N J •• •••., 37 ’; 2 37 ,, 4 Std aGs 12% 12% 12% 12 2 Stone & Webster 3 United Corp 6% 6% Un Gas Imp 16 % 16.4 Ut Pwr & Lit A. ... ■■■ 3 ,,4 Western Union . 56% 57% 57% 56,4 Firestone 27 8 ?I, 4 Goodrich ■ ■■■ 7 | 7 ®% Goodyear 36 35% 36 35 * Kelly Spring 3 4 U S Rubber ... .. '••• • ■ f0 U S Rubber pfd 44% 45% Miscellaneous — A.'i Bank Note . 20% 19% 20V* 19% Am Pan • . - • 103 Brklvn Man Tr 30% 30 30% 30% Conti Can 79 % 80 Crown Cork .... • ... • gg. Curtis Pub • 26% 26 26 2 25 * Curtis Pub pfd 7 g% 70 ,* Eastman Kodak -. ••• 88 * . ■ aillotte • G idden . . ■ 26% 26 26% 26% Inter Rapid Tr. .. ••• 9 Owens Bottle 3b - 8 Ravbestos Mfg . .. ••• 21 21 Foods— i ... Am Sugar 5 ’ 2 Armour A ]% 7.4 Beatrice Cream. - 14% 14's Borden Prod ... 23% 23 23 23% Cal Packing • . • 26,8 Canada Dry G A 26% 26% 26% •• • Coca Cola • 114 3 * 114% Cont Bak A ... 12% 12% 12% . Corn Prod 7o Cuban Am Sug 7% 7% Gen Foods 34% Gold Dust 21% 21% 21% 21% G W Sugar 29% 29% 29% 29 Hershey 55% Int Salt 29% Loose Wiles 42 42 Natl Biscuit ... 42% 42% 42% 42% Natl D Prod •• . 16% 16 16% 16% Purity Bak 16%
Safe Water delivered day and night costs less than anything else you buy Indianapolis Water Cos.
S Porto Rico Sug 35% Spencer Kefiog 22% Std Brands 22% 21% Un Biscuit 25% United Fruit ... 69% 69 69% 69 Wriglev ... 61% 61 % Retail Stores— Asso Dry Goods 15% . Best & Cos 33% First Natl Stores 64% 64% Gr Un Tea 7% Hahn Dept Sts . .. ... ... Jewel Tea ... . ■ 45 Kresge S S 20% 20% 20% 20% Kroger Groc 32 Macy R H 49% 49 Marshall Fields- 19% 19% 19% 19% May Dept St ... . . 41% Mont Ward 32 31% 31% 32
Bright Spots
<Bv Abbott. Hoppin & Cos.) S S. Kresge Company March sales totaled $6,330,794 against 54.086.768 in March of 1933. Consolidated Oil Corporation and subsidiaries report for 1933 shows earnings of $1.26 a share on the 8 per cent cumulative preferred stork against 5 rents a share on the common after preferred dividends in eleven months ended Dec. 31. 1932. Inspiration Copper Company report for 1933 shows net loss of $1,506,213 after charges against $1,576,292 in 1932. Canadian car loadings during week ended March 31 totaled 38.512 cars, an increase of 3,923 cars over the like week a year ago. Short interest on the New York Stock Exchange on March 28 was 929,495 shares against 970.490 shares on Feb. 28. Western Auto Supply Company March sales amounted to $1,114,000 against $670.000 in March of 1933. Births Girls Aphemis and Margaret Pepper. City hospital. Alphonso and Mildred Mailes, City hospital. Bernard and Clara Wilson. City hospital. Charles and Rozella Beatty. City hospital. Harold and Rosemary Hankins, 2722 Burton. Henry and Bernice Whitlock City hospital. Julius and Elsie Albers. 1849 Zwinglev. Jerry and Mayme Anderson, 503 Marion. Carl and Agnes Nichols. 3609 East Thirtieth. Ora and Maggie Reeves. 838 South Senate. Harlos and Wilda Pearce. 234 Lincoln. Robert and Lou Mosley. 2531 Northwestern. James and Marion Hill. 2322 Paris. William and Ethyl Summers, 114 South Davidson. Guentin and Faith Gwin. 462 West Thir-ty-first. Winfred and Violet Forston. 604 Buchanan. Samuel and Loma Mahan. 1212 Oliver. Boys Robert and Lora Williams. City hospital. Raymond and Gertrude Buck. City hospital. Lester and Josephine Searcy. City hospital. Robert and Ruth Cannon. City hospital. William and Della Jones. 3517 East .North. Oda and Helen Worton 344 N. Milev. William and Emma Pennington. 9il Bates. Leslie and Helen Johnson. 871 West Twenty-seventh. Sylvester and Thelma Hughes, 328 N. West. Kline and Ruth Knauer. 253 Leeds. George and Gladys Cruse, 903 Darnell. Louise and Mattie Noel, 2207 Lexington. Walter and Edith Kane, 1208 Laurel. Delbert and Nancy Harrison, 812 East Sixty-third. Deaths Carrie M. Fletcher, 29. city hospital, broncho pneumonia. George W. Holmes. 65, Long hospital, hypostatic pneumonia. Freda Clark. 35. city hospital, meningo encephalitis. David Hodson, 68. Central Indiana hospital, arteriosclerosis. Coon Rouse, 73, 518 West Seventeenth, coronary thrombosis. Talmadge F. Myers, 41. 1443 North Belle Vieu. cracinoma. William Hazelrigg, 77. 4044 West Washington. carcinoma. Mildred Quill. 31. city hospital, acute gastric dilatation. Gloria Jean Doughtery, 2 months. 1521 Kelly, accidental. Iva Order. 37. 29 West Twenty-eighth, carcinoma. Catherine Pitcher. 52, 4150 Madison, anemia. Rosina Augusta Bebinger. 55, 1405 Barth, carcinoma. John Ott. 80. 1405 Bartha, carcinoma. Anna L. Bowers. 59, Sterna sanitorium. coronary occlusion. Ida Mayfield, 89. 2324 Carrollton, carcinoma. George H. Smith. 38, Veterans’ hospital. Hodgkins disease. Edwin Perkins Thompson, 76. 1540 Ashland, coronary occlusion.
© FENNER & BEANE MEMBERS NEW YORK STOCK EXCHANGE snd other leading Exchanges Announce \ the following additions to the staff of their INDIANAPOLIS OFFICE FERRIS OLWIN GEORGE S. MAYSE ROBERT P. SMITH 312 CIRCLE TOWER Riley 3306 \ Russell W. McDermott, Mgr. Joshua Derry, Asst. Mgr.
Natl Tea 66% 6$ 66 17% Penny J C 65% Safeway St 43% Sears Roebuck . 49% 49 49 49% Wool worth 51, Aviation— Aviation Corp 9 9 Curtiss Wright 4% 4% Curtiss Wright A 11% 11% Douglas Air 25 24 s * Nor Am Av ... 6 6 Speery Corp . 10% 10% United Aircraft 23% 23 23 22% Wright Aero 58 Chemicals— Air Reduction 98% Allied Chem ... ... .. 151 Am Com Alcohol 49% 50 Col Carbon 69 70 Com Solvents ... 29% 28 s * 29 29 Dupont 98 98% Liquid Carb 29 Meth Alkali 35 s * 35% 35% 36 Montosonta Ch . 94% Natl Dies (new) 29% 29% 29% 29% Schenelev Dist . 38% 37% 37% 38% Tex Gulf Sulph . 38% 38 Union Carbide . 45% 45% 45% 45% U S Indu Alco 52% Virg Ch 6% pfd 21 % Drugs— Coty Inc 7% Lambert ... .- 27 Un Drug ... 15% 15% Zonite Prod 7% 7% 7% 7% Financial— Adams Exp 10 Allegheny Corp 3% 3% Am Int Corp 8% . Chesa Corp 46% 46 s * Transamerica 7 Tr Conti Corp 5% 5V* Building— Am Radiator ... 15% 15% 15% 15% Int Cement ... . 28% Johns Manville 57% 57% Libbv Owens Gls 38% Otis Elev 15% 15% Household— Col Pas Peet 17 Congoleum 28% Kelvinator 19% 19% Proc & Gamble 36 Simmons Bed 21% Textiles— Belding Hem 13% 13% Celanese Corp .. 36% 36% 36% 36% Collins Aikman 24% Gotham Hose 10% Indus Ravon 82 1 2 Kavser Julius 17% Real Silk 11%
On Commission Row
—April 9 Fruits Apples—New York Baldwins, fancy. $1.75 up; fancy Staymans. $2.25; fancy Winesaps. $2.50. Oranges—California Sunkist. $3. Floridas, *3(8(3:3.25. Lemons—Sunkist, $5.50. Grapefruit—Arizona seedless 80s. $2.75® 3; Florida, $3.25. Strawberries—Louisiana. 24-pt. crate. $3 50. Melons—Argentina Honeydews. $2.50. Pears—Calavos, $3.50 per box. Bananas—Per pound. 5 cents. Vegetables Cabbage—New Texas. $1.25 per halfcrate; Florida red. $3.25 per hamper. Celery—Florida. $2.85 a crate; mammoth bunch. 85c; medium bunch. 45c: hearts, dozen bunch. $1.35. Onions—lndiana yellow. 50-lb bag. $1 35: red. $1.15: Idaho, Spanish. $1.35. Potatoes—Northern round white. 100-lb. bag. $2: Red River Ohios, $2.20: Maine Green Mountain. $2.50; Colorado McClures. $2.25: Idaho Russets. $2.25: Wyoming Triumphs, 50-lb. bag. $1.15; New Florida Triumphs, $2. Sweet Potatoes—lndiana Jerseys, per bushel. $2.25; Porto Ricans. $2. Asparagus—California select, crate. $2.25 <83.50. Beans —Round, stringless. $3.50; lima. $4. Beets—New Texas. 3-dozen crate, $2; bulk per bushel. $1.50. Carrots—California. 6-dozen crate. $2.75: bulk new. $1.40: bulk old. $1.75. Cauliflower—California, $2.35. Cucumbers —Hot house, per dozen. $1.25. Lettuce —Hot house. 10-lb. basket. 50c: Iceberg best. $3.25(83.75 a crate. Peas—2 B-lb. hamper, $2.35. Radishes—Hot house buttons. 60c a dozen. Rhubarb—Hot house. 50c a bunch. Spinach—New Texas. SI.IO per bushel. Tomatoes Repacked, 10-lb. carton, $1.25: selected, cellophane wrapped. $1.50; original Florida. 20-lb. lug. s2.do. NRA OFFICIAL NAMED Mrs. Frederick G. Balz Appointed to Advisory Board. Mrs. Frederick G. Balz, 32 Hampton drive, vice-president of the Indiana Federation of Clubs, has been appointed a member of the state NRA advisory board, Fred Hoke, announced today. Other local board members are Adolph Fritz, Irving Lemaux, Alex Gordon, Lewis A. Taylor, William J. Mooney and L. F. Shuttle worth.
JAPRIL 9, 1934
GRAIN MARKET SHOWS UNEVEN TRADINGJANGE Liverpool Off Fractionally: Week-End News Dull and Scarce. BY HARMAN W. NICHOLS United Press Stsff Correspondent CHICAGO, April 9.—With nothing in the week-end news to attract the attention of the trade, wheat deliveries were unchanged to % cent lower at the opening of the Board of Trade today. Corn was unchanged to % cent higher; oats was unchanged and rye was % to 3 * cent lower. Trade looked to Washington for an incentive but found none. No precipitation was reported over either of the wheat belts and wookend temperatures remained about the same. Livrepool wheat opened fractionally lower than was expected. Chicago Primary Receipts —April 7 Bushels Todav Last Wpek. Wheat 348.000 593 000 Corn 172.000 681.000 Oats 98,000 204.000 Chicago Futures Range —April 9 Prev. Wheat — High. Low. 10 00 Closa May 86% 86% 86% 86% July 86% 86% 86% 86% Sept 87% 87% 87% 87% Corn— May 49 48 % 48% 8% July 51% 51% 51% 51% Sept 53% 53% 53% 53% Oats— May 32% 32 s * July .. 33% 33 % Sept 33% 33% % 33% Rve— May 61% 60% 61 61% July 62% 62% 62% 63 Bariev— May 42% 42% July 44% 44% Sept 45% ST. LOUIS CASH GRAIN By United PrcKg ST. LOUIS. April 7.-—Cash gram: Wheat —ln fair demand, tone steady; No. 2 red 87%(387%c* No 3 red. 87%c. No 2 red garlicky. 84c: No. 3 red garlicky. 83c: No. 2 hard. 86(20 nominal Corn—ln fair demand. %c higher: No. 3 mixed. 48%cNo 2 yellow. 48%c: No. 2 white. 51 %c. Oats—ln good demand. %c higher; No. 2 white. 35%®35%c; No. 3 white. 34%c. CHICAGO CASH GRAIN By United Press CHICAGO. April 7.—Cash grain Wheat —No. 4 hard. 84%c. Corn—No 3 mixed. 48c; old, 49c; No. 3 yellow, 46%c; old. 49c; No. 6 yellow, old, 47%c Oafs—No. 2 white. 34%c: No. 3 white. 33%®34%c. Rye—No. 1 66%c. Barley—Bßc; quotable. 43®83c. Timothy—*6.so® 7. Clover Seed—sll® 12.50. Cash Provisions—Lard. $6.10; loose. $6.07; leaf. $6.12; S. Bellies. $8 TOLEDO CASH GRAIN By United Press TOLEDO. April 7.—Grain Close. (Grain in elevators, transit billings). WheatNo. 2 red. 91® 92c. Corn—No. 2 yellow, 52%®53c. Oats —No. 2 white. 37%'q33%c. Rye—No. 2. 66%®67%c. iTrack prices, 28%c rate). Wheat—No. 2 red. 87®88c; No. 2 red, 86® 87c. Corn—Ko. 2 yellow. 48%®49c; No. 3 yellow. 47%®48%c; No! 4 yellow. 46%®47%c Oats—No 2 white, 34%®36c: No. 3 white. 34®35%c. (Toledo seed close). Clover—Cash. $8.25. Alsike. cash. $8.50. INDIANAPOLIS WAGON WHEAT City grain elevators are paving 78 cents for No. 2 soft red wheat, utner grades on their merits Fire Reports (Yesterday) 10:55 a. m., 2545 Broadway residence, S2OO loss. 11:45 a m , Paris and Twenty-seventh, false alarm. 12:29 p. m.. Forty-sixth and Sunset, grass fire. 12:39 p. m., 800 West Forty-third, grass fire. 1:04 p. m.. English and Emerson, grass fire. 5:48 p. m. Sixty-first and Laverock, grass fire. 9:00 p. m., 1809 North Capitol, residence, small loss.
