Indianapolis Times, Volume 46, Number 9, Indianapolis, Marion County, 22 May 1934 — Page 13

MAY 22. 102,1

Wall Street Administration Is Believed Laying Groundwork for Inflation. —R\ RALPH lII.NUERSHO

1 m 'prrul Financial Writer I

and vello w metal- behind currency in the ratio of 2o and 75 respectively It is the general opinion in foreign exchange circles that the government already has pure ha. serf a large amount of silver and silver futures Some of thus metal has be e n acquired, it is believed, through the .sale of some of the

\ I iiw jnsyLi

itriulervbot

! . “tin? Ilf ;..t lev months. He is an a rii '< iDinents closelv, that govern- ., pi in * xpenditurrs will raise the fiitv nt the countrv so high that . [difficult’ through taxation. ' u tl ov ,. s m ij. the ease the ! !, ' llh sllv ,. r ‘ lt has with gold, •mrl tl - the profits it gets to help ' „‘f| ,t. obligations. By tying 1 .i V(ir the administration would j no Pion to argue that it ' , , ‘ , hr hkely to get. OUt of 'h currency would have to be issued before the inflationary eltort- find reflection m higher prices Foremost authorities think the in- ,„ would have to be much more than they feel President Roosevelt '' | : j,, h<- enough to weaken the value of the dollar through exhibition ol the gold base. ..., veholoeical efTect ol the use o; ’.diver ‘as an auxiliary currency haekinu is expected to Ik' much less Mia ' 'as the case when the dollar " i '. valued m terms oi gold. This , i . a ,tion to raise prices as much .rills whicli credit could oc cxpunueci in;Ucri;illy. Thus inflation ol prices could cisilv come later on through ;m expansion ol business stimulated b\ the credit which would be made The extension ol credit would be determined in lame measure by the confidence oi bankers in the business outlook rather than by a desire to turn money into tangibles as a result of fear over the value of On Commission Row I ruiU—pL _ ‘— C * iforma 16-lb lui;. S2.no. 0: , . \\ui. Sunkist, ~ 54 . 4.50. ;!; ’,,. Jriii/~ KS)r iiia! Soodies-. 53 7.S /4 23 R .K.'mirr.N and Premier.s, $2 50. KlonchkCf —Vegetables—- \ • .;> b<c, 5i so Nrw Tcxas Triumphs .-ret Pom - -Tonne -ee Nano Hall*. IW:' -Ne a do er. t III! \t.O IKM r M \RK! I b ■ 'c ' t: 25 ” 2 1 air.atoes—Florida. j rc i; n;;‘;s io carton* A>G. M. C. SALES CLIMB \pril Production K\cced> Previous \ ear By SO Per Cent. NEW YORK May 22—C. E Dawson, president of General Mot rs Fleet Saks Corporation. Delarge fleet users for the month ol record except one. Deliveries to fleet users for April exceeded the same month last year bv 80 p< r cent. Announce Glass Price Cut ti f T 'W 4 S/>f Cl ut NEW YORK. May 22.—The reduct.on of prices for window glass and certain suo> of plate glass are still too new to have caused anv definite effects, the American Glass ; Review says, and sales continue j

STOCK SHARES FIRM DESPITE DULL TRADING U. S. Dollar Declines as Cotton Values Rise 2 to 4 Points. It A ELMER C. W ALZER I mtrd I’rrsN f tnamial editor NEW YORK May 22.—Trading continued dull on the Stock Exchange today, with prices firm in all section- of the market. The ooliar eased m all currencies except the ;>ound; cotton rose 2 to 4 points, silver was about steady; oonds declined. On the stock market ganio ranged up a goint. Westinghouse Electric opened at 34 up Auburn Auto 35%, up .. and Sears-Roebuck 43. up %. Gains of ’ 9 or % points were noted in Chrysler, United States Smelting, Pennsylvania Railroad, American Can. Nauonal Distillers, Interna- , tional Telephone and Howe Sound. Selling continued in American Commercial Alcohol and the .stock made anew low for the year at 331.,5 1 ., off 1 . point; after opening at 35%. Other wet stocks were steady to Trading continued light. Many ordinarily active issues were dormant From indications in the financial community the market todav would continue light until the President, delivered his silver mes,ige to congress. Some traders, however, believed contents of the message had been discounted and thus would be of no consequence Money and Exchange IV l>l AN \ I*ol.l - HANK CI.AR IN(,s Clearings $1 3.30.000 OO Deb 4 157.000.00 FOREIGN EXCHANGE -B Abbott. Hoppm & Cos.) Mav 2. Close. Sterling. England S5 10% Franc France . 0661'. a Lira. Italy 0851 Cielßas Belgium 2344 Mark. Grrmanv . 3933 Guilder. Holland 6795 Peseta Spain 1371 Kron< Norwav 2576 Krone Denmark . 2283 Yen Japan . 3036 Treasury Statement ■Bv United Press) WASHINGTON. Mav 22 Government expen e and receipts of the current fiscal ve.ir to Mav 19 compared with the cor-n-ponding period of the previous fiscal Tin Year. Last Year. Expen i 46.222.766.565.92 $4,573,442.510 84 ll' t ipi 52.66.5 207.659.84 51 750.566.183 88 Deficit $3,557,558.906 08 $2.822 876.326 96 Ca.-h Bal S2 087 246.700.19 Investment Trust Shares 'Bv Abbott. Hoppin & Cos , —Mav 21 Bid. Ask American Bank Stocks Corp 110 115 Amcrii m A General Sec A 400 500 American A; Inv Tr Sh 1.75 Basic Industry Shares 3.22 330 British Tvpc Inv Tr Sh .45 .50 Collateral Trustee Shares A 415 4.55 rate Trust Shares 'Oldi 2.01 2.05 Corporate Trust Shares .New) 223 2 Cumulative Trust Shares 180 Diversified Trusl Shares A 6.25 Diversified Trust Shares B 717 762 Diversified Trust Shares C 2.96 3.00 Diversified Trust Shares D.. 4.50 462 First Insurance Slock Corp . 121 1.26 First Common Stock Corp . 79 89 . Fixed Trust Oil Shares A . 7.90 8 15 ' Fixed Trust Oil Shares B 6.85 7 10 Ini ments 17 06 18.14 Land Bank Bond Shares 1.17 1.10 Low Pi iced Trust Shares 590 605 Mass Inv Trust SHhares 18 27 19 86 Nation Wide Securities 1.22 3.30 North Am Trust Shares .531 1 80 North Am Trust Sh (55-561 2.26 229 North Am Trust Shares .58' 229 235 Selected American Shares 2.42 Selected American Shares Inc 1 10 1 19 Selected Cumulative Shares 6.24 Selected Income Shares 1 25 3.75 Std American Trust Shares A 276 2.80 Trust Shares of America 2 5 2.60 Trustee Std Oil A 5.45 5.55 ■ Std OH B 4.95 5.10 F S Electric Lt A- Pu r A 12 50 12 75 Universal Trust Share- 287 294 New York Bank Stocks Bv Abbott Hoppin A Co.i -Mav 21Bid. Ask Bankers ... 62 62 > a 8r0.,x vn Tru-t . . 112 115 Central Hanover 128% 129% Chase National 28’ 29 Chemical 41 1 a 41% National Citv 27 A 28’; Corn Exrhinco . 52T, 51’, Continental 13% 14 Emmre 19 19% First National 1 645 1 660 Guaranty 158 360% Irvine 18 18’, M inhatten A Cos 29’ .. 20% Manufacturers 21-’, 22 New York Trust 100% 101’,, ! Public 32’ • 33’, Daily Price Index (By United Press' NEW YORK Miv 21—Dun A Brad- i street's daily weighted price index of thirtx basic commodities compiled for the United Press 1930-1932 Average. 100. Todav 109 58 Saturday .. 109 61 Week ago 108 05 Month ago 105 55 Yeai ■j, May 221 87,46 1934 High March 12> . 110 24 ' 1934 Low .January 9' 101.05 I Copyright 1931 h\ Dun A Bradsireet. Inc > NATIONAL BELLAS HESS MAILS NEW CATALOGS 3.’200,00)1 Copies On Way to Public; Price Quotations Lower. NEW YORK. May 22.—National Bellas Hess. Inc.. New York and Kansas City mail order house, has started mailing 3.200.000 copies of its mid-summer sale catalog to customers. Carl D. Berry, president, announced today. Due to improvement in general business the circulation has been lumped by 400.000 copies compared with the total circulated last. year. | Prices listed in the catalog have ; been quite generally reduced below j those listed in the current Spring Catalog. Mr. Berry said, which follows the customary policy in the mail order business of quoting lower prices in sales catalogs than in general catalogs. POWER OUTPUT RISES American Water Works April Total 24 Per Cent Above 1933. NEW YORK. May 22.—The power output of the electric subsidiaries of the American Water Works and i Electric Company for the month of April totaled 148.201.750 kilowatt hours, against 119.495.068 kilowatt hours for the corresponding month of 1933. an increase of 24 per cent. For the four months ended April 30 power output totaled 599.865.534 kilowatt hours, as against 476.785.662 kilowatt hours for the same period last year, an increase of 26 per cent. Power. Light Income Reported NEW YORK. May 22.—Consolidated net income of the National Power and Light Company in 1933 i was $6,615,768. equivalent after pre- j ferreti stock dividend requirements ; to 90 cents a share on the common j stock. In 1932 the company earned j $ 1.26 a common share.

New York Stocks 'Bv ABbott Hoppin v Cos.)

AVERAGE STOCK PRICES FOR MONDAY Net High. Low. Close, change Thirty industrials 95.96 94.81 Twenty rails 43.80 43.53 43.<( —.07 Twenty utilities 23.40 23.18 23.31 -.13 Forty bonds •• • • 94.08 - .03 Ten first rails •••• 100.55 —.14 Ten second rails •••• 81.80 —.09 Ten utilities .... 9,.44 —.O. Ten industrials •••• 96.52 —.05 Ip. -Off.

—Mav 22 Prev H;gh. Lo 10 30 Close j Oil*— ! Amerada . .. . 48Vs Alt Rfg . 25’, 25’., Barnsdall 3 Consol Oil 11 10% 11 10 7 , Cont of Del 20% 20’, Houston inewi.. .. ... 4’, Houston 'Old' 20% 20’, M.d Cont Pet 12% 12’. Ohio Oil 12% 12% Pet Corp 11 Phillips Pet 18% 18% Plymouth Oil 12% 12% Pure OH . 11 11 od Oil 33 Snell Un . 8% Soc Vac ... 15% 15% S O of Cal 32 % 32% S O of N J 43% 43 Sun Oi! 57 Texas Corp 24% 24% Tidewater Assn . . 12% 12% Un Oil of Cal . 16% 16% lb % 16% Steels— Am Roll Mills 19 Beth Steel 35% 35% I Bvers AM 22% 22% ! Cruc Steel 26 1 Ludlum Steel .... ... . 15 Va ! McKeesport Tin 86% .. Otis Steel . ... 5% a 1 ■ Rep Iron A Steel ~ ... 17% 17Va Rep Iron&Stlpfd .. ... ... 49 U US Pipe A Fdv ’ 23% U S Steel 43% I U S Steel pfd 88% Warren Bros 9% Young n SAT 20% 20 20% 20% Motors — Auburn 35% 34% Chryslei 40% 40% 40% 40% Gen Motors . ... ... 33% Gen Motors pfd .. ... 99% Graham Mot . . • 2% nudson 14% 14% 14% 14% Hupp 4 3% ..lack Truck 26 25 % Nash 17% 17% 17% 17% Packard .... 4 4 Reo ?% . Studebaker .. ... 5 s 5% | Motor Access—--1 Bmidix 15 s | Bohi Almn 55 55 Borg Warner ... 23 23 ! Briggs 16% Buad Wheel 3% Eaton Mtg 17% 17% Elec Auto Lite 22% 22 i Houdaifie A .. ... -4% 4% ! Mullins Mlg pfd 34% ) Murray Body .. ... 7% Stew Warner .. .. ... 7% Timken Roll 28% Timken Del Axel .. ... ... 6% , Mining— Alaska Jun .. . 19% 19% 19% 19% Am Metals . . 24% ;Am Smelt 42% 42% Anaconda 15% 15% 15% 15 Cal A Hccla 4 ■, Ccrro do Pasco 36% 36% 36% 36‘, Dome Mines 38% 38% Q ran by ... 10% 10% Homestake Min ... 370 370 Howe Sound ... . 53 52 % Ins Copper 5% 111! Nickel ... 27% 27% 27% 2r’n Hit Silver 35% Kcnnecott Coj ... ... 20% 20% Mclntyre Mine . 45% 45% Noranda Cop .. 42% 42% 42% 42 1 Park Utah 5% 5Vi ! Phelps Dodge .... ... 17 U S Smelters ... ... 121 120% ! Vanadium ... ... . 21 % Amusements—- • Loews Inc 31% 31% 31% 31% [Radio Corp ... 7% 7% i RKO 2% Warner Bios . . .. ... 6 6 Tobaccos— I Am Snufl ... ... .. 56% 1 Am Tobacco A . .. ... 68’.i Am Tobacco B . .. ... 71 % 71 Gen Cigars .. ... 38 37% : Ligg A Mvers 8.. ... 93% 94 Reynolds Tob B .. ... 43% Rails— Atchison . ... 55% 55% . Atl Coast Lines .. ... 41 B A O . 23% 23% : Cell Pac . 15% 16’, Ch A- Ohio 46% 45% 45% 45% ; Chi A Gt W .1% C M A St P 5% ! C M A St P pfd .. 8% Chi N W 9% Dr! Lac A W 23 Erie pld 23% 23 Git Northernpfd 21% 21% 21% 21% 111 Central 26 25% K C Sou 14 Lehigh Valley . 15% ! N Y Cent 29 28% 29 29 N Y ChiAStLpfd 35 N Y New Haven . 15% 15% Norfolk A Wes 177 Nor Pac 26 25% Penn R R 31% 31% 31% 31% Sou Pac . 22% 22 22% 22% Sou R R 25 25% Union Pac 122 122 i West Maryland ... ... 11% Equipments—- ! Allis Chalmers 16% 16% Am Brake Shoe .. ... 26% 27 Am Car A Fdy 21% ,Am Loco 25% Am Steel Fdv .... ... . 17% j Bald Loco 11 11 Burroughs ... . 13% i Case J I ... ... 51% Cater Tract ... ... 27% I Deere A Cos 21 Foster Wheeler .. ... ... 15% Gen Am Tank C 36% Gen Elec 20% 20 20% 20 % ! Gen R R Silt ... . . 34 Ingsol Rand ... 54% Ir.t Bus Mach 137 136% Int Harvester . . 33% 33g Nail Cash Reg .. .. ... 16% 16% | Pullman Inc .. 50 50 I Rem Rand ... ... 9% Und Elliot 40 West Air B 28% Westingh Elec 34% 34 14 33 Va Worthing’n Pmp .. ... 21 Va Utilities— Am A For Pwr 8% 8% A mPower A Lit .. ... 7% 7% i A T A r 116 Am Wat Wks 18% 18% Col Gas A Elec 13% 13% Com A Sou .. ... 2% 2% Consol Gas ... ... 33% 33% Elec Pwr A Lit. .. ... 6% 6 Int TAT 13% 12% Lou G A A ... ... 17 Nat Pwr A Lit .. ... 10% 00% North Amer • .. ... 17 16% Pac G A E 17% 17 Peoples Gas ... ... 34 Pub Serv N J 36% So Cal Edison 6% 16% Std Gas 10 10% Std Gas pfd .. ... . 11% Stone A W’ebster .. ••• •• 8% United Corp 5% 5% Un Gas Imp . .. ... 15% 15% Ut Pwr A Lit A 2% Western Union ... ... 43% 44% Rubbers— Goodrich 14% Goodyear 29% 29 29 29 ’ a Kellv' Spring . . • 2% U S Rubber . . 19’a 19% U S Rubber pfd 46% Miscellaneous— Am Bank Note 20%. 20% Am Can 95% 95% 95% 95 Brklvn Man Tr . ... 38% 38% Conti Can • ... 75 75 Curtis Pub 23 Curtis Pub pfd .. ... . • 7. Eastman Kadoka . 96% Gillette •. ... • • • 10% Glidaen .. ... ... 25% Inter Rapid Tr . .. ... ... Foods— Am Sugar .. ... ... 52% Armour A 6% Beatrice Cream .. ... 15% Borden Piod .. ... 24% 24% Cal Parking ... ... 323371 7 Can Dry G Ale 22% Coca Cola ... ... 124 Cont Bak A ... ... 9% Corn Prod ... ... 66 65 •, Crm of Wheat ... ... 33 Cuban Am Sugar .. ... •• 7% Gen Foods 32% Gold Dust 20 19% G W Sugar ... 29 5 29 Hershey ..... ... 62 Natl Biscuit 35 35 Nat! D Prod 17 16% 17 17 Purity Bak . 13% 13% S Porto Rico Sug 31 Std Brands 20 19% 20 20% Un Biscuit . . • 25% United Fruit .. ... 69 Retail Stores— Asso Drv Goods .. .. 12% Best A- Cos 30 First Natl Stores .. ... 63% Gimbel Bros .. ... 4 Hahn Dept Sts 5% 5% Jewel Tea .. ... 2 Kresge S S 18% Kroger Groc 29% Macy R H 40 39% 39% 40 Marshall Fields 15% May Dept St 37% Moiit Ward 25% 25% 25% 25% Penney J C . .. 58 58% Safeway St .. 48% 47% Scars Roebuck ... ... 43 42% Woolworth ... ... • • 50*8 Aviation — Aviation Corp ... ... 6% 7 Curtiss Wright . 3% 3% Curtiss Wr A 10% 10 10% 9\ Douglas Air . . ... . . 20% Nor Am Av 5 Speerv Corp 9% 9% 9% 9% United Aircraft 21% 21% 21% 21% Chemicals— Air Reduction 96% 95 Allied Chern 134 Ant Com Alcohol 35% 35% 35% 36% Col Carbon •• 66% Com Solvents .... ... 23% 33% Dupont •• 84% 84% Freeport Tex •• 39% Liquid Carb 28% Math Alakli 30% Montoson Ghent 45 Natl Dis tnew < 36% 25% 25% 25% Shenelev Dist 28 27% 28 2, Tex Gulf Sulph 33% 34 Union Carbide •• • • 38% Drugs— Coty Inc ... 6 6 Lambert ■ ■ - ■ 25% Lehn A Fink 15% 15% 15 a Zonite Prod ... ... 5% Financial— , Adams Exp *% Allegheny Corp . •• ••• ••• 1

THE INDIANAPOLIS TIMES

! Am Int Corp 8% 8% ; Chesa Corp . 44 43% 44 [Lehman Corp .... . . ... 67% Transamercia . ... 6 Tr Conti Corp ... • ••• 4% Building—lAm Radiator 14% 14% 14% 14% ; Johns Manville .. ... 49% i Libby Owens Gls .. ... 31 30% ! Otis Elev 15% Household—j Coi Pal Peet 14 14 i Kelvinator . .. ... 16% 16% [Mohawk Carpet .. ... . 17 ; Proc A Gamble .. ... 35 35 Simmons Bed .... ... . 17% Textiles—- ! Amer Woolen .... ... 11% 10% i Belding Hem ..... ... 12% 12 % ' Celanese Corp 26% 26% Collins Aikman . .. ... ... 17% I Gotham Hose ... . . 8 | Indus Rayon .... ... 74% 73% Kayser Julius 16% [ Real Silk ... ... 9 New York Curb 'Bv Abbott. Hoppm A Cos.) —Mav 21Close! Close i Alum Cos of Am 67% Gulf Oil of Pa. 61 j Am Cyanide B 111% Hiram Walker . 33 !Am F#.r Pwr Wr 5% Hud Bay Min .' 13% Am Gas &El 23% Imperial Oil Ltd 14Va lAm Superpower 2% Int Petrol ... . 26V2 Atlas Corp 10% Lake Shore Min 50 Axton Fishr Tb 61 Natl Bellas Hess 3% Can Marc .... 2%iNewmont Min . 49% 1 Cities Serv 2% Nia Hud Pwr .. 5% i Consol Gas Bal 60% Novaael Agene . 21 [Cord Corp . 5% Penn Road ... 2% ! Creole Petrol .. 21 ,Sherwin Wms .. 69% 1 Deere A Cos , 23 iStd of Ind 26% Distillers Lim 15*8 Std of Kv . . 15% El Bond A Shr 15% Technicolor Ind 9% I Fisk Rubber . 13% Teck Hughs Gld 6% Ford of Can A 21%; Un Pwr A Lt A 3 : Ford of Europe 9%'Wrgt Hrgrvs Mn 9 Glen Aldn Coal 16% !

Bond Pi'ices

I Bv Fenner A Beane 1 (By Fenner A Beane' —May 22 High. Low. 10:30. Am&For Pwr 5s 2030 .. 55 V, 55 55 ATAT db 5s ’65 .... 108 Atchison gen 4s ’95 .102% 101% 102% BAO cv 4%S ’6O 66% 65% 66 Can Pac 4s 81%. 81 81% ChMStPAPadjss A 2000 14% 14’:, 143„ ChMStPAP rs 5s A ’75 46% 45% 45% Cons Gas NY 4%s ’sl . . . 103% Denmark 5%s '55 ... 90% Det Ed 5s E '52 ....... 107 Erie RR rs 5s '67 73% 73Vi 73% French s ’49 .. 185 Goodyear 5s ’57 99% 99% 99’% Gt Nor 4%s D ’6 77% Gt Nor 7s A ’36 95% 95% 95% Interboro RT 5s ’66 . 69 McKess A Robb 5%s 'SO 80% Nat Dairy db 5%s 48 94% 94% 94% NY Cent 4Vis O 2013 75% 75 75'% Nor Am 5s '6l 88% 88 88 Penn RR 4Vi# D ’Bl 96% Poland 7s '47 lIOV2 Sin Cons 6Vis B ’3B 105 Texas Corp 5s ’44 102% 102% 102% Tob Pr NJ 6Vis 2022 . 105 104% 105 Un Pac Ist 4s ’47 105% 104 Va 104% US Rubber 5s A '47 ... 85 U. S. GOVERNMENT BONDS (By United Press) NEW YORK. May 2.—Closing liberties. (Decimals Represent 32nds.) Liberty 3'is f 32-47) . 103.25 First, 4%5. (32-47) 103 30 Fourth 4Vis. (33-38) 103.28 Treasury 4%5-3%s (45) .. 102 22 3%s '43-47( 102.29 3■%s (41-48). March 103.26 3%s (40-43). June 103.29 3%s 1411 103.14 3'sS (46-49) 101.18 3s (51-55) 100.20 FEDERAL FARM LOAN BONDS (By Blyth A Cos., Inc.) —May 21Bid. Ask. 4s. Nov. 1. 1957-37 100% 101 Vi 4s. Mav 1 1958-38 100% 101% 4 1 is, July 1. 1956-36 100% 101 % 4’, s, Jan. 1, 1957-37 100% 101% 4%5. May 1. 1957-37 .100% 101% 4%5. Nov. 1, 1958-38 101 % 101% 4Vis. May 1, 1942-32 100% 101% 4 Vis, Jan. 1. 1943-33 100% 101% 4VgS. Jan. 1 1953-33 100% 101 4%5. July 1. 1953-33 IOOVi 101 4 %s. Jan. 1. 1955-35 100% 101% 4%5. Jan. 1. 1956-36 101 101% 4%5, July 1. 1953-33 101 101'• 4%5. Jan. 1. 1954-34 100% 101% 4%5. July 1. 1954-34 100% 101% ss. May 1. 1941-31 .101% 102% ss. Nov. 1. 1941-31 101% 102% —Home Loan—4s. July 1, 1951 100.24 101.00 —Federal Farm Mortgage Corporation—--3%s March 15. 1964-44 101.20 101.26 The two later quotes are in thirty seconds. N. Y. Coffee, Sugar Futures —Mav 21COFFEE —Santos— High Low. Close. March 11.43 May ... 10.78 July 10.88 10.87 10.88 Septeber 11.28 11.26 11.26 December 11.39 11.36 11.36 Rio— January 8.57 March 8.62 Mav . . , 8.23 July 8.37 September 8.47 8.45 8.47 December 8.58 8 55 8.55 SUGAR High. Low. Close. January . ... 1.68 March 1.73 May . . 1.52 July 1.53 1.52 1.53 September 1.59 1 58 1.59 December 1.67 1.66 1.67 In the Cotton Markets —May 21— CHICAGO High. Low. Close. January 11.90 11.80 11.80 March 12.02 11.92 11.02 Mav 11.41 Julv 11.57 11.38 11.45 October 11.75 11.58 11.63 December ... 11.84 11.71 11.76 NEW YORK January 11.83 .72 .75 March . ... 11.33 11.80 11.85 March 11.33 11 80 11.85 Julv 11.49 11.34 11.39 October 11.67 11.53 11.58 December . 11.78 11.64 .70 NEW ORLEANS January .. . 11.73 March 11.85 11.83 11.83 Mav . . 11.33 July 11.47 11.35 11.39 October 11.64 11.50 11.55 December 11.76 11.65 11.68 Retail Coal Prices The following prices represent quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. Domestic Retail Prices Anthracite $14.25 Brazil lump 5.75 Brazil egg 5.25 Brazil mine run 5.00 Coke, nut size 8.75 Coke, egg size 8.75 Indiana forked lump 5.50'<7 5.75 Indiana, egg [email protected] Indiana, mine run 5.00(2.5.25 Kentucky lump 7.00 Pocahontas lump 8.25 Pocahontas egg 8.25 Pocahontas forked lump 9 25 Pocahontas mine run 7.25 New River smokless 8.25 West Virginia lump 6 75 West Virginia egg 6.50 Island Creek 7.00 Ex-tra charge of 50c a ton for wheeling coal, and $1 a ton for coal carried to bin INVESTMENT SECURITIES MAKE SLIGHT RECOVERY Average of Ten Leading Common Stocks Advance to 13.29. Bv Times Special NEW YORK. May 22.—Investment trust securities registered a slight recovery during the past week. The average for the common stocks of the ten leading management trusts, influenced by the leverage factor, as compiled by AlliedDistributors, Inc., stood at 13.29 as of the close May 18, compared with 12.59 on May li. The average of the nonleverage stocks stood at 14.68 as of the close May 18. compared with 14.89 at the close on May 11. The average of the mutual funds closed at 10.54 compared with 10.30 at the close of the previous week. 4

PORKER PRICES DROP 5 CENTS AT STOCKYARDS Slaughter Steers Active and Steady; Veals Are Unchanged. Slight weakness continued in hog ? •trading at the Union stockyards [ this morning, following the sharp [ 1 decline registered in the previous I session. Initial prices generally were [steady to mostly 5 cents lower than [ yesterday's average. The bulk. 160 to 350 pounds, was selling from 53.45 to $3.55. while several better classes sold around 53.60. Light slaughter pigs, weighing 130 to 160 pounds, brought $2.75 to $3.25. while extremely small grades, were salable at $2 to $2.50. Receipts were estimated at 8.000; holdovers, 304. Early sales on slaughter steers 1 were fairly active and steady. Bulk ranged from $6.50 to $9. Several classes remained inactive. Receipts ' continued heavy, numbering 2,200. Veal prices were unchanged, selling 1 at $6 down. Receipts, 1.000. Trading in the lamb market displayed little change, with most prices stationary. Spring lambs sold mostly from $8.50 to $9. while shorn western grades brought $7.50 to $8.50. Slaughter sheep cashed in at $3 down. Receipts were 1,300. j Hog trading continued on a larger j scale at Chicago, with asking firm and most bids iiround 5 cents lower than yesterday's average at $3.60 down. Receipts were estimated at 1 25.000, including 9,000 directs; holdovers, 2,000. Cattle receipts numbered 11.000: calves, 3,000; market about steady. Sheep receipts were 5.000; market unchanged. HOGS May Bulk. Top. Receipts. 16. 03.60')! 3.75 $3.80 6.000 17. 3.60 (rtf's. 70 3.75 7.000 18. 3.60%! 3.70 3.75 7.000 j 19. 3.7orTt) 3.80 3.80 2.000 21. 3.50411 3.60 3.65 11.000 22. 3.45@ 3.55 3.60 8,000 Market, Lower 1140-160) Good and choice. ... $3.00® 3.25 —Light Weights—-(l6o-180) Good and choice ... 345 (180-200 Good and choice .. 3.50 —Medium Weights—-(2oo-2201 Good and choice.... 3.55@ 3.60 (220-250) Good and choice ... 3.55© 3.60 —Heavy Weights—-(2so-290) Good and choice ... 3.551? 3.60 (290-3501 Good and choice .. 3.45© 3.55 —Packing Sows—(3so down) Good 2.75© 3.00 (250 lbs.) Good 2.50© 2.90 (All weights) Medium 2.25© 2.75 —Slaughter Pigs—-(loo-130) Good and choice ... 2.00@ 2.50 CATTLE Receipts, 2,2110; market, steady. a,050-t,ioo) Good and choice $ 6.75® 8.25 Common and choice 4.50® 6.75 (1.100-1,5001-Good and choice 7.00© 9.00 | Common and medium 5.50© 7.00 | (675-750) — Good and choice 5.25® 6.50 Common and medium 3.00© 5.25 (750-900) Good and medium 4.75® 6.25 | Common and medium 3.75® 4.75 —Cows— Good 3.50® 4.50 j Common and medium 2.75® 3.50 j Low cutter and medium 1.75® 2.75 | (Bulls (yearlings excludedi Good (beef steers) 3.00® 3.75 j Cutter, common and medium.. 1.75® 3.00 j VEALERS Receipts, 1,000; market, steady. Good and choice $ 5.50® 6.00 j Medium 3.50® 5.50 Cull and common 2.00® 3.50 | —Calves— Good an dchoice 3.50® 5.00 [ Common and medium 2.00® 3.50 —Feeder and Stocker Cattle— Good and choice 4.50® 6.00 Common and medium 3.00© 4.50 (800-1.500) Good and choice 4.50© 6.00 Common and medium 3.00© 4.50 SHEEP AND LAMBS Receipts, 1.300: market, steady. (Shorn basis) Spring lambs $ B.oo® 11.00 (90-lb. down) Good and choice 8.50® 9.00 (90-100-lb.) Good and choice 8.25©' 8.75 1500-lb. down) Com. and med. 7.00© 8.25 —Ewes— Good and choice 2.00® 3.25 j Common and medium ........ I.oo® 2.00 Other Livestock (By United Press) Chicago. May 22.—Hogs—Receipts, 25,000 including 9,000' directs; active, fully steady; 170-310 lbs.. $3.50© 3.70; top $3.70; light lights, mostly $3.50: pigs. $2.50 down; packing sows, $2,754/3; light lights. 140160 lbs., good and choice, s3© 3.50; light weight 160-200 lbs., good and choice. $3.35© 3.70; medium weights, 200-250 lbs., good and choice, $3.35©3.70; heavy weights 250-350 lbs., good and choice, $3.40© 3.70; packing sows, 275-550 lbs., medium and choice. $2,504/3.20; slaughter pigs, 100-130 lbs., good and choice. $24/3. Cattle—Receipts, 11.000: calves, receipts. 3,000; all grades weighty steers, steady: strictly good to choice kinds, firm; supply scaling 1.400 lbs., scarce: top 1,400 lbs.. $9.40, several loads $8.50© 9; strictly good and choice long yearlings, steady but lower grade light cattle, weak to 25c lower: mixed steers and heifers and she stock sharing decline; bulls mostly 10c lower; choice vealers. steady. others lower; slaughter cattle and vealers: steers. 550900 lbs., good and choice. s6© 8: 900-1.100 lbs., good and choice. $6.25©,8.75: 1.1001.300 lbs., good and choice. $6.50© 9.25: 1.300-1.500 lbs., good and choice. $7,254/ 9.40: 550-1.300 lbs., common and medium. $4.25© 7: heifers. 550-750 lbs., good and choice. 55.50®7: common and medium. $3,504/ 5.50: cows. good. 54.254)5.25: com- j mon and medium. $2.85© 4.25: low cutter j and cutter. $1.50© 2.85: bulls, yearlings excluded, good beef. $3.15© 3.50: cutter, common and medium. $2.25© 3.15: vealers. good and choice. $5©6.50; medium. $3.75 4/5.50: cull and common. $34/ 3.75; Stocker and feeder cattle: stockers. 550-1.050 lbs.. [ good and choice. 54.754/6; common and medium. $3,254/5. Sheep—Receipts, 5.000; generally ac’ive on lambs and aged sheep. ; strong to 25c higher: bulk shorn lambs [ showing full advance: springers. 25c and • more higher: springers. 25c and more up: [ bulk wooled lambs. 59.75: shorn offerings $8.85© 9: springers. $10.75© LI: best. $11.25: j slaughter sheep and lambs: spring lambs, j good and choice. $9.85© 11.25: medium. $9 j 4/10; iambs 90 lbs. down, good and choice. I $8.50©; 6: common and medium. $6,754/8 65; ! 90-98 lbs., good and choice. $8.50© 9: j ewes. 90-150 lbs . good and choice. $2,254/ j 3.25: all weights, common and medium. ! 51.50© 2.75. LAFAYETTE, Mav 22.—Hogs—Market. I steady to 5c lower: 200-300 lbs.. $3.40 160- l 200 lbs.. $3.25© 3.30: 140-160 lbs.. $2.75© 3: j 120-140 lbs., $2,254/2.50: 100-120 lbs.. 51.75 : 4/2: roughs. 52.75 down: top calvps. S5; top lambs. $8.50; spring lambs. SB4/9. FT. WAYNE. May 22.—Hogs—Steady to I 10c lower: 250-300 lbs.. $3.55; 200-250 lbs., j 53.45 160-200 lbs.. S3 35; 300-350 lbs , [ 150-160 lbs.. $2.90: 140-150 lbs.. $2.65: 130- : 140 lbs.. $2.40: 120-130 lbs., $2.05: 100-120 I lbs.. $1.90; roughs. $2.75: stags, $1.25. 1 calves. S6: lambs. $9.50 down. /Bv Times Speciali LOUISVILLE. Mav 22.—Cattle—Receipts, ] 125: supply very light: market, moderately [ active, fully steady: bulk common to me- I dium. steers and heifers. $4,254/ 5.25: well | finished drvfed yearlings, quotable to $6.25 or better: bulk beef cows. $3©3.75: good! kinds to $4 or better- low cutters and cutters. mostly $1.5047 2.75: sausage bulls. I $3.50 down: bulk better light Hereford and Shorthorn stockers. 54.50©5: common to medium grade natives, $2.75©3.75. Calves —Receipts. 350; steady: bulk better veal- | ers. $4.50415: strictly choice. $5.50: medium and lower grades. $4 down. Hogs— I Receipts. 1.800: 10c lower: 185-275 lbs.. I $3.75: 275 lbs. up. $2.90: 160-185 lbs.. $3.50 I 140-160 lbs,. 53.25: 120-140 lbs.. $2.40: 100120 lbs.. 51.90: sows. 51.60. Sheep—Receipts. 2.000: no earlv trading on spring lambs: sellers generally asking strong to higher prices and most bids about steadv: bulk better trucked in ewe and wether j springers $10.25: choice long haul overnight and rail lambs. $10.75. ARMY SEEKS 90 PLANES New Attack Ship Bids Requested by War Department. Bv United Press WASHINGTON. May 22.—Continuing its program for building up the army air corps, the war depart- ! ment announced today that bids j had been requested and specifica- ; tions issued for ninety new attack j planes, to be delivered early in 1935. Specifications for the planes require a speed of 200 miles an hour.

AIL Chemical Am. Smelting Am. Can Am. Telephona Am. Tob. B Atchison Chrysler Con. Gas N. Y. DuPont Goodyear •

Market Average m m m Twenty Active Issues Listed, on the N. Y. Stock Exchange.

[ MAICH AOH.II. MAV <l 14 lt 1 4 It 11 10 1 It II ” ~ I—-IT.~i~!Hill-.11 I . i- j j-- I--- --- j■-j • ■ I • 1= 1 -”j~!_:-_lzll~ ' Lio 1 1 ..... —. I ... I I , - Ii Z- to P , i-■ j j- | j-1 ■ -; -|- .; 4 I j ri I * * ; Piii -■ ■ ■ ' 1 *. : :... !~~r:~:zz:z!sTi±zz: l I ' . j . ... i I Ii . | : | : $ j! 000 j I lttl/61 THAdeo' I _ I_A I > I Ij ! VC*.. OOUBLEO ; I ! } I b , JATUAOAy j • I | ■ i 5 o*oo 1 1 1 j ’i ! Ii j “ 1 r—i i -li 1 -■!■■ ’- 1 * I S ’OO _ . t __ I L_ __—J _ _ J 1 • |

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

New Service of Pennsy Increases Rail Traffic

Company Reports $400,000 Business Gain Since December. Bii Times Sp< cirtl NEW YORK. May 22.—The Pennsylvania Railroad Company, since inauguration in December of anew collection and delivery service for less than carload freight, has shown a sharp increase in business and rail traffic, according to W. W. Atterbury, president. New business of the company since introduction of the service has been increased more than $400,000, it was stated. Tonnage marked for collection and delivery has doubled more than four times in volume, and now represents approximately 20 iter cent of the total less carload traffic moved over the Pennsylvania lines. In March, 9,000 tons of new merchandise freight in store-door service created almost $120,000 in additional revenue for the company. Costs of collections in various cities during the month amounted $50,000. Largely due to the introduction oi collection and delivery service, the company since last December has increased the average load for each car of merchandise fieight approximately 40 per cent. The substantial advance in carloading has resulted in fewer cars on the railroad for the amount of business handled, with improved schedules to shippers and reductions in railroad operating expenses and terminal charges. Produce Markets Delivered In Indianapolis Prices —Hens, 11c; Leghorn hens. 9c; Leghorn springerstags. 6c: large springer-siags. 9c; cocks, 5 lbs. and *over. sc. under 5 lbs.. 4c; duexs, full leathered and iat. 4% lbs. and over. sc; geese. 4c: young guineas. 1% to 3 lbs., 20c; old guineas. 15c; No. 1 strictly fresh country run eggs, loss off 13c each full case must weigh 5 lbs. gross; a deduction of 10c a pound for each pound under 55 lbs. will be made. Butter —No. 1. 27@28c; No. 2. 25©26c; butterfat. 20c.— Quoted by Wadley. (By United Press) CHICAGO, May 22.—Eggs Market, steady; receipts, 27.958 cases; extra firsts, 15%>c; fresh graded firsts, 14%© 15c: current receipts, 13© 13%c; dirties No 1, 12’ "C; No. 2. 11 Vic; checks No. 1. 12%c. Butter—Market, steady; receipts. 8.063 tubs; extra firsts (90-9112 score'. 22',©. 23c; firsts 188-89% score). 22©22%c. seconds (86-87'/ 2 score) 2c extras (92 score), 23’ic; specials 23%4)24%c; standards 23 %c. Poultry—Market, easy; receipts 58 trucks. 2 cars due; hens light 12'~c; heavy hens. 12Vac; old roosters, /c, geese, 6c: broilers, colored and white rocks. 20c; Leghorn, 17%4/19%c: turkeys. 18c: ducks. 8© 10c: Leghorns No. 2. 9c; capons unquoted: rock fryers barebacks. 16© 18’ 'C. Cheese—Twins 134/3%c; daisies. 13%© 13%c; longhorns, 13%4/ 13%c. Potatoes—Old stock— supply moderate; demand and trading slow; market, dull; Idaho Russets. 1 car. $1.25; 4 cars, $1.30; 1 car $1.40; Minnesota Cobblers, partly graded, car. 85 cents; early Ohios. partly graded, 1 car. 90 cents. New Stock— Supply liberal; demand and trading moderate; market barely steady: Alabama triumphs, slightly decayed. 1 car $1.40- 2 cars, $1.50: 1 car. $1.55; 1 car. $1.60; Louisiana Triumphs partly decayed 3 cars, $1 40- 2 cars. $1.50: cars. $1.60: 2 cars. $1.65; 1 car. $1.67%; 2 cars. $1 70; 1 car $1.75; Texas Triumphs partly decayed. 2 cars $1.25; California rose whites. 1 car. $2.25. Shipments 654; arrivals 119; on track 332. NEW YORK. May 22.—Potatoes— Steady: southern. sl4/5.50 barrel: Maine, $1.05© 2.75 barrel: Idaho. $2 sack: Bermuoa, S6 barrel. Sweet potatoes —Steady; Jersey basket. 606/)/S2 southern basket. $1.40© 1 60. Flour—Steady: springs: patents. $6.90© 7.15 barrel. Pork—Steady: mess. S2O 25 barrel. Lard—Quiet; middle west snot S4 15© 4.25 per 100 lbs. Dressed poultry steadv; turkeys. 124/23c: chickens. 81%© 28c; broilers. 18© 28c; capons. 214/ 34c- fowls. 124/17c; Long Island due<vs. 154/16c. Live poultry, quiet: geese 6© ic; turkevs 104/ 17c: roosters, 9c; ducks. 84/ 12c: fowls. 13© 16c: capqns. 22c; broilers. 124/23c. Cheese—Firm; state whole milk, fancy to specials, 184/ 19c; Young America. 144/14* 4 c. Butter —Receipts. 20.060 packages' market, firmer; creamery, higher than extras. 254/25%e: extra 92 score. 24%c" first 90-91 score. 23 ,4/ 24’.>c: first. 88-89 score. 234/ 23%c; seconds. 224;22%c: centralized, 90 score. 23%©24c: centralized 38-89 score. 23©,23%c; centralized 84-87 score. 224/22%c. Eggs—Receipts. 44 571 cases; market, irregular: special packs, including unusual hennery selections. 184/ 20c- standards. 17%©17%c: firsts 15%c; seconds. 15©15%c: mediums, 14%©15c: dirties. 14%©15c: checks. 14%c: storage packs, 17© 17%c. CLEVELAND. Mav 22.—Produce: Butter —Market barely steady; extras 27%c; standards 27%c. Eggs—Market, steady: extra white 14c; current receipts. 13%c. Poultrv—Market, weak: colored fowl. 6 lbs. and over. 14c. Leghorn fowl light. 12c: Leghorn fowl. 3% lbs. and up. 13c: broilers colored ordinary. 23©24c old roosters. 9c: ducks, white. 5 ibs. and up 14'” 15c: ducks light old. 10© 12c: broilers lancv rocks. 264/27c: broilers Leghorn. 20 Potatoes —Florida. 52.654/ 275 oer 100-lb. sack: Alabama Triumphs best $2 per 100lb sack: Maine. s.6o© 1.75 per 100-lb. sack; Ohio. 51.35®.40 per 100-lb sack. RUBBER DEMAND DROPS April Consumption Shows Decrease of 2,150 Long Tons. By Times Special NEW YORK, May 22.—Crude rubber consumption in the United States during April totaled to 44.947 long tons against 47,097 long tons in March and 25.928 long tons in April last year, according to the Rubber Manufacturers’ Association. Total domestic stocks of crude rubber on April 30. according to an estimate of the association amounted to 351.981 long tons against 353,242 long tons on March 31. Former Walker Aid Dead By United Press NEW’ YORK. May' 22 Charles Kerrigan, 52, former assistant to Mayor James J. Walker, died today at his home. Death followed a heart attack. ,

IntT Harvester Johns-Manvllit Nat. Biscuit Pub. S. of N J. Sears Roebuck Stand, of N J. Un. Aircraft U. S. Steel Union Pacific Westinghouse

Chicago Stocks ” By Abbott. Hoppin <5: Cos. ——

—May 22High. Low Close Bork Warner 23%- 21 21 Butler Bros .... 9% 9% 9% Chicago Corp com 2% Cities Service ... ••• 2% Commonwealth Edison .. 51% Cord Corp 5% Gen Household Ut .... 14% 14 14% Great Lakes Dredge ... Iron Fireman ....14 11' 13% Libbv McNeil 5% 5% 5% Lynch Corp 34 33 34 Marshall Field ... . 14% Middle West Utilities . % % % Public Service N P .. . 18% Quaker Oats 109 108' 108% Swift fc Cos 15% Swift International ... 30% Utah Radio ••• }' ■ Utility & Ind 1 %

Bright Spots (By Abbott. Hoppin <Ss Co.i

Otis Steel Company net profit in the quarter ended March 31 amounted to $652,889 after all charges, against a net loss of $700,371 in the corresponding 1933 period. Standard Oil Company of New Jersey and affiliated companies in 1933 had a net profit of $25,084,310 after all charges, equivalent to 97 cents a share on the common stock against $282,865, or 1 cent a share in 1932. Pioneer Gold Mining Company declares the regular ojyarterly dividend of 15 cents a share on the common stock. Detroit Edison & Cos and subsidiaries in the fiscal year ended April 30 earned .$5 68 a common share, against $4.29 in the previous year. Louisville * Nashville Railroad Company March net income totaled $813,685 after charges against a net loss of $531.872 in March 1933; earnings in the first quarter of the current rear amounted to $1.67 a share on the common stock against a net loss of $329,836 in the first quarter last year. Chesapeake Ar Ohio Railroad Company car loadings in the week ended May 19 totaled 20,510 cars, against 17,411 cars in the corresponding 1933 week Dupont Company declares a dividend of 65 cents a share on the common stock. Delaware & Hudson Railroad Company March net loss totaled $11,246 after all charges against $508,592 in March 1933; net loss for the first quarter this year amounted to $387,166 after charges against 51.619.593 in the first quarter last year. Coca Cola Company declares the regular quarterly dividend of $3 a share on the common stock INDIANAPOLIS INSURANCE AGENCY IS COMMENDED City Firm Aids in Lincoln National New Business Drive. Burkhart and Moore. Indianapolis agency of the Lincoln National Life Insurance Company, was commended today by the home office at Ft. Wayne for the part its employes took in giving the company its biggest volume day in history on Arthur F. Hall, firm president's birthday. May 11. Incomplete returns for the day show that more than $2,500,000 new insurance was written by company agents throughout the United States. The record is better than for any single day’s business in the twenty-nine years of the firm's existence. Repeated increases have been scored by the company w:thin the last few "months, and business during the first third of the year has returned the pre-depression rate of the first four months of 1929. B. & o! SEEKS PWA LOAN Railroad Proposes to Issue $900,000 in Trust Certificates. By United Pres* WASHINGTON. May 22—The Baltimore and Ohio Railroad applied to the interstate commerce commission today for authorization of a $900,000 Public Works Administration loan to purchase passenger equipment. The railroad proposes to issue 5900.000 in 4 per cent equipment trust certificates to be sold to PWA at par. REPORTS YEAR INCOME Hegeman-Harris Company, Inc., 1933 Earnings Total SI 15,418. By 1 ime* Special CHICAGO. May 22.—Net income of Hegeman-Harris Company. Inc., builders in 1933 amounted to 5115.418 after all charges, it is revealed in the company's annual report. Net income in 1932 was $43,332. Current assets and liabilities on Dec. 31 were 5728.588 and $317,238 respectively against $634,808 and $208,541 on Dec. 31. 1932. Retail Grocery Sales Rise By Times Special CHICAGO. May 22—Nationwide sales of retail grocery stores, including chain and independent stores increased 14 per cent in dollar volume during the first four months of this year, according to a survey by the Progressive Grocer.

PAGE 13

SCATTERED RAIN REPORTS TURN GRAINS LOWER Precipitation Over Driest Secions Provide Only Temporary Relief. BY HARM \N W NICHOLS United I’rexx StafT Correspondent CHICAGO. May 22—Reports of scattered precipitation over parts of the grain belt depressed the wheat trade at the start of the Board of Trade today. Opening wheat sales were % to % cent lower, corn was unchanged to off % cent, and oats was % to % cent lower. None of the driest areas in the wheat belt, however, received heavy rains, and official reports were that the rains provided only temporary relief. Wisconsin. Michigan. lowa and Illinois received some rain. Liverpool opened steady after the holiday. Chicago Futures Range Uhrat— M '*’ ** p.cv High Low. 10 no dose! Mav 90’, .89% .90% 90% Julv 89% .88% .89% 88% Sepi. 90% .89 .90% .89% Corn— May .. 49% .49 49% 49% lop. • T‘: T' TANARUS; Oats— I Mav 35* , 14 1 ri’, Vi Julv US', Vv 4 | R 'f— MT f ; $: Bariev—[Sept 46% .46 .IS % 4%

Cash Grain

INDIANAPOLIS The bids for ca/'lotx'of grain at the [ of the Indianapolis Board of Trade I L o- b.. shipping -Tint, basis in, New : York rate. were. Wheat—Easy; No. 1 red 81" ',/si' ... üß’” 2 .c red ' so '- ' 82 '-’ c: No 2 hard. 80% ! Whftev s’‘{'f.Tow 8 4^f( : (4 I *?'e? 4U' 4 V' 46 i- c No. 2 mixed! 44 k 46%c. No. .1 mixed. 43%©45%c , Oats—Firm; N, 2 white. 32'-®33'ic- , No. 3 white. 31'.. © 32%c. —lnspections—- | Wheat— No. 2 red 1 car. Total. 1 car i Nv). J u hire. 5 cars. No. 2 vrllow j -4 cars: No. 1 vellow, 12 cars: No. 4 vclImw'erf i rar mixed. 1 car. Total 44 cars Oats—No. : 7 white. 25 cars: No. 1 white | £ oars: No. 4 white. 4 cars. Total. 33 Local Wason Wheat I S>'oin elevators are paying 78 cents i tor No. 2 soft red wheat. Other grades I on therr merits. (Bv United Press! CHICAGO Mav 21.—Cash Grain—Wheat No. 3 red. 91 %c; No. 2 hard. 91%'./ 91%c. Corn—No. 2 mixed 52%c: No 6 mixed 50c; No. 2 vellow. 52%c: No. 2 yellow lake. 53©53%r. No. ° vellow 52 1 -c 2 57%©58%r. Oats—No.‘ 2 yyhite. 36%©38c: No. 3 wh te. 36©36'.cNo. 4 w hite, 35"/ 36c Rve—No sale. Barley—64© 82c quotable. 45© 82c. Timothv —56.75"/ 7. Clover seed— $lO ,14 25 Ca sh Provisions—Lard $6.12, loose. $5.70- leaf i 50.75: bellies $8.37. } TOLEDO. Mav 21.—Grain close (grain in I elevators, transit billing'. Wheat—No 2 [red. 91%©92%c. Corn—No 2 vellow 55% |©,a6%c. Oats —No. 2 white. 40%©41%r Rye—No. 2. 72©73c. 'Track prices. 28%0 .rate). Wheat—No. i red. 88'/88%c- No. 2 red. 87©87%c. Corn—No 2 vrllow, 51% ©52%c: No. 3 ve’low 50’ ©slc; No 4' vellow. 49%.© 50c. Oats—No 2 white 37’ . ! ©3B%c; No. 3 white. 37©38e. Seed close; | Clover—Cash. $8.25. Alsike—Cash. $8.50. [ ST. LOUIS. Mav 21 —Wheat—ln good j demand % to %o higher on red and ; ■ to %c lower on hard wheat No 1 ! red. 89c, No. 2 red. 88%©8E%c No. 3 led. 88'ic: No. 4 red. 37c: No. 5 red. 81c: No. i 1 red garlicky. 88%c: No. 2 red garlicky. [,l3c: No. 3 red orlickv. 82%. / 87c: No. 2 hard. 88%©88%e Corn—lr. fair demand. I unchanged to %c higher: No. 2 yellow. | ■>3%©54%c: No. 1 vellow. 53%c: No. 5 [ vrllow. 52c: sample vrllow. 47c. Oats— In slow' demand, lc higher: No. 2 white. | 38%c; No. white. 37c: Nr 2 red. 37%c. CHICAGO PRIMARY RECEIPTS —May 21Bushel? Todav. Last Week. I Wheat 719.n0n 642,090 Corn 471.000 373.000 j Oats 272,000 168.000 Marriage Licenses ! Paul Lowe. 22, of 24 North Kevstone i avenue, machinist, and Rose Kennedy. 19, of 1130 Reisner street, housekeeper. Earnest Howe. 23. Columbus. Ind radio man. and Mary Jo Sanders, 19. of 51 East Thirty-fourth street, housekeeper Alexander Tennant, 22. Seymour Ind time keeper, and Rosemary Kleifgess. 23! of 402 Orange street, housekeeper Harry Washburn 26, of 1009 Park avenue, inspector. Samuel Smith. 26, Cincinnati O attorney, and Sylene Kalisli. 23. of 3541 North Meridian street, housekeeper Clayton C“cil. 25. R. R. 6. Box 820-W I nickel plater, and Elvira Merkle 23. of 507 Weghorst street, housekeeper Ralph Young. 26. Anderson. Ind. iaborer | and Marjorie Burk. 23. of 6 North Traub j street, housekeeper i Edward Kaynes. 22, of 245 East Garfield drive, printer's apprentice. and Naomi Scott 21. of 1154 South Randolph street. I beautician. Births Girls Lester ami Mabel Wilson. 1607 Nowland ; Nemer and Pearl Meeks. Methodist hos- ! pitai. , Lynn and Katherine Reed. Methodist hospital. Glen and Hazel Turner, 116.1 West Thirtv-sixth. • Roys Howard and Frances Danforth Methodist hospital. Herschel and Margaret Dening. MethodI ist hospital. Albert and Irene Sommers, Methodist : hospital. Wallace and Edna Lewellyn. 545 East i Nineteenth. William and Bernicce Mattax. 3670 i Rockville road. i John and Thelma Pool 1054 Lancaster, i Lewis and Gertrude Hunt, 3233 North | Meridian. Henry and Pattie Voeiksen, St Vincent's [ hospital. Hugh and Penelope Stull. 1717 Carrollton. Deaths Katie Anna SMlwell. 58. 421 North Davidj son. chronic cardio vascular disease. Thomas Eugene Mullen. 1. 1212 Kenvon. : broncho pneumonia Thomas Bass. 50. city hospital, coronary i occlusion. Infant. Murphy. 3 days Coleman hospital. broncho pneumonia. Mary Kessler, 33. 3233 Boulevard Place. [ chronic myocarditis. Joseph A. Overman. 39. 219 East Fall i Creek, chronic myocarditis. Matthew Harvey 34. 369 West. Thirty- ! first, chronic myocarditis Fred A Wilson 68. 256 South High School Road carcinoma. Claraß. Taylor. 41. 403 West Ninth, j cerebral hemorrhage Arnold Lee. Wilkey. 10 months, citv hospital. tubert rlous meningitis. Fanny Glansman. 6. citv hospital, skull fracture Paul Thornton. 43 city hospital, diabetio coma. Virgil Nuding. 31. Methodis’ hospital, fractured vertebra. Thenice Rutland. 35, 315 North California. pulmonary oedema Walter Cyrus Nixon 72 4218 East Michigan, chronic myocarditis Harry Slav in. 54 city hospital, myocarditis. Minna Wif!enbach. 53 S’. Vincent hospital. cerebral thrombosis. Frances Wooden. 60. 938 Columbia, chronic myocarditis William Borgman. 74 1305 English, eirrClark, 82. 1203 West Thirty-fourth, chronic myocarditis. . E’.ridge Kembrough, 1 months. 1903 Columbia. lobar pneumonia. Fire Reports Yesterday I 10:40 a m 1349 Zwingley, rpsidenca. $l5O 11 21 a m Kevstone and Hoyt, automobile, small loss 12 34 p m Fiftv-ninth and Couege. grass fire 509 p. m Thirteenth and Lewis, mahogany factor’.', small loss 5 45 p. m. 706 East Thirtieth residence. , small loss. 5 49 n m.. 1618 North Delaware restI dence. small loss. 5 52 n. m . Meridian and Minnesota. I dump fire 9:53 p m 1402 North Alabama, apart- | ment. no loss. 10:14 p m King and Michigan, sac- ! torv. small loss 11:17 p m 1220 North Illinois, apart- ! ment. no loss. Today 12.37 a m. King and Michigan, faeI tory- small loss 1 3:52 a* m 915 South Meridian, bakery, considerable loss.