Indianapolis Times, Volume 46, Number 34, Indianapolis, Marion County, 20 June 1934 — Page 8

PAGE 8

Wall Street Business Men Welcome Breathing Spell After Congress Adjourns. Bi RALPH HENDLKSHOT

Times Special Financial Writer CONGRESS adjourned early this week. Probably no other session in history ever developed more important legislation from a financial and economic point of view. Among other things, it placed stock exchanges under government supervision—a development which may be expected to affect in more ways

than one the entire financial structure of the country. But the results of the session probably can not be measured entirely by surface developments. The President was given considerable permissive legislation, and a great deal will depend

Ralph Hendershot

on the use he makes of the powers granted. The powers embodied in the silver law are of special importance. Many people in Wall Street expect the chief executive to take some important steps soon after congress is out of the way. Some think he will use the inflation needle again. Heavy silver purchases and a further devaluation of the dollar in terms of gold are being mentioned as strong possibilities. Business men, generally speaking, will be glad to see congressmen take to the tall timbers again. The exit of the lawmakers will give them a chance to more nearly adjust their affairs to the new conditions and to make plans for the future. Changes have been coming so thick and fast that many businesses are in a more or less disorganized state. A breathing spell will be more than welcomed. an tt RICHARD WHITNEY, president of the New York Stock Exchange, is to hold weekly conferences with the press from now on. This represents an entirely new policy on the part of the Exchange head and may be said to have been the result of the Washington investigation and the Stock Exchange regulation which developed from it. The conferences should prove beneficial to every one concerned. The Exchange is a semi-public institution, and the more it takes the public into its confidence the better will be the relationship between the two. Legislation and regulations in the future are likely to be of sounder character as a result of the better understanding also. an tt FEW people who are familiar with the facts will deny that the Exchange officials did a good job of establishing sound business practices in so far as it was within their power to do so. The history of the Exchange over the past decade has been one of gradual reform. But the results of its efforts in that direction were necessarily slow. Its powers were limited. With the support of the government through the new Exchange legislation and with full and complete co-operation with governemntal agencies in the future the chances of establishing a market place with a high order of effectiveness and usefulness should be excellent. And the press conferences can play an important part in assisting with this work if properly conducted. N. Y. Coffee, Sugar Markets —June 19— —Santos— High. Low. Close. March 11.18 11.06 10.09 May 11.27 10.16 10.19 July 10.47 10.44 10.46 September 10.98 10.85 10.87 December 11.07 11.00 11.03 —Rio— January 8.44 March 8.49 4.48 4.49 May 8.56 July 8.30 8.27 8.30 September . . . . 5.30 December 8.40 8.37 8.37 SUGAR High. Low. Close. January 1.82 1.78 1.78 March 1.89 1.85 1.85 May 1.94 1.89 1.89 July 1.65 1.61 1.61 September 1.72 1.68 1.68 December 1.81 1.78 1.78 In the Cotton Markets —June ?9 CHICAGO High. Low. Close. January 12.66 12.50 12.66 March 12.70 12.60 12.77 May 12.88 12.69 12.88 July 12.24 12.05 12.24 October 12.53 12.30 12.52 December 12.62 12.43 12.62 NEW YORK January 12.59 12.40 12.58 March 12.71 12.50 12.70 May 12.81 12.60 12.81 July 12.17 11.97 12.15 October 12.42 12.22 12.40 December 12.53 12.34 12.52 NEW ORLEANS January 12.54 12.39 12.54 March 12.65 12.49 12.65 Mav 12.75 12.62 12.75 July 12.16 11.97 12.15 October 12.38 . 12.20 12.38 December 12.50 12.32 12.50 Retail Coal Prices The following prices represent ouotatlons from leading Indianapolis coal deal, ers. A cash discount of 25 cents Der ton is allowed. Domestic Retail Prices Anthracite $14.28 Brazil lump 5.75 Brazil egg 6.25 Brazil mine run 5.00 Coke nut size 8.75 Coke, egg size 8.75 Indiana forked lump 5.50®5.75 Indiana egg - •. [email protected] Indiana mine run 5.00®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 smokeless 8.25 West Virginia lump 6.75 West Virginia egg 6.50 Island Creek ...t 7.00 Extra charge of 50c a ton for wheeling -oal and $1 a ton for coal carried to bin Deaths Therpsa Johanna Sawyer, 49, of 1547 West New York, carcinoma. Carrie J. Weber. 71. of 1027 Villa, cerebral hemorrhage. Lottie Parnell, 60, city hospital, pyelonephritis. Minnie Pennington, 51, Methodist hospital, fractured nose. Aurelia Todd, 42, Long hospital, carcinoma. , . , Andrew Montgomery, 55, city hospital, ca’cinoma. , . , David B. Hodson. 68, Methodist hospital, chronic myocarditis. Louise Alta Seoscum, 23, Coleman hospital. acute atrophy. Mary E. Clark. 60. of 16 South McKim, acute cardiac dilatation. Alma Bozell, 45. Long hospital, carcinoma. Lvdia C. Kellermeier. 40, Methodist hospital, cerebral embolism. , _ , Benjamin Potter, 40, of 1202 North Belmont, carcinoma. ■ Dan Nicklofl, 40, of 533 King, coronary occlusion. Hattie H. Smith. 60, of 252 West Morris, chronic myocarditis. William H. Jones, 39, city hospital, lobar pneumonia. . x Lucretia Barbour, 71, of 523 West Twenty-fourth, cerebral hemorrhage. Mose F. Rosengarten, 52, Long hospital, secondary anemia. Marv ilia Steed. 73, of 653 North Rural, chrorii# interstitial nephritis. Horatio N. Ogden, 90. of 2108 North Alabama. uremia. , . Hugh McVey. 84. Fletcher sanatorium, chronic myocarditis. Fannie Kitley, 76, of 2101 Park, chronic myocarditis.

STOCK SHARES RECOVER FROM EARLYLOSSES Traders Continue Cautious as Volume Fails to Show Gain. BY ELMER C. WALZER United Press Financial Editor NEW YORK, June 20.—The stock market slowly recovered ground lost in the morning and around the end of the third hour of trading today a sizable group of issues showed small gains. There was no pickup in volume with the rise and traders continued 'cautious. Little attention was paid to the grain market where wheat moved erratically, being off more than 2 cents a bushel at 1 p. m. New York time. Other commodities moved narrowly and without feature. United States Steel recovered half of its loss of a point, while American Can, American Telephone. Consolidated Gas and General Motors firmed to fractional advances. Trading in stocks to 1 p. m. amounted to only 370,000 shares, against 600,000 shares in the corresponding period yesterday. Volume in bonds was correspondingly dull and prices there moved irregularly. United States government issues were steady. German loans were mixed in a narrow range. Money and Exchange INDIANAPOLIS BANK CLEARINGS —June 20Clearings $1,702,000.00 Debits 5,533.000.000 FOREIGN EXCHANGE Bv James T. Hamill h Cos. —June 19— Close. Sterling, England $5.04% Franc, France 0660% Belgias. Belgium 2339 Mark, Germany 3811 Guilder. Holland 6790 Peseta, Spain 1390 Krone. Norway 2537 Krone. Denmark 2256 Treasury Statements ißy United Press) WASHINGTON. June 20.—Government expenses and receipts of the current fiscal year to June 18. compared with the corresponding period of the previous fiscal year: This Year. Last Year Expense .$6,782,206,361.25 $4,930,811,702.34 Receipts . 2.997.052.6P7.91 1.990.046.696.69 Deficit .. 3.785,153.663.34 2,940.765.005.65 Cash bal.. 2,735,518,389.70 Investment Trust Shares (By Abbott, Hoppin & Cos.) —June 19Bid. Ask. American Bank Stocks Corn.. 1.13 1.18 American and General Sec A.. 4,50 6.00 American & Inv Tr Sh 1.75 .... Basic Industry Shares 3.42 3.50 British Type Inv Tr Sh 45 .50 Collateral Trustee Shares A.. 4.72 4.80 Corporate Trust Shares (old). 2.15 2.20 Corporate Trust Shares (new) 2.37 2.40 Cumulative Trust Shares .... 4.09 4.13 Diversified Trust Shares A ... 6.25 Diversified Trust Shares B ... 7.87 8.00 Diversified Trust Shares C 3.10 3.15 Diversified Trust Shares D ... 4.87 5.00 First Insurance Stock Corp... .90 1.00 First Common Stock Corp ... .68 .71 Fixed Trust Oil Shares A.... 8.50 .... Fixed Trust Oil Shares B ... 7.50 .... Incorporators Investments 18.00 19.50 Land Bank Bond Shares .... 1.19 1.32 Low Priced Trust Shares .... 6.10 6.25 Mass Inv Trust Shares 19.02 20.10 Nation Wide Securities 3.40 3.48 North Am Trust Shares (53),. 1.92 1.98 No Amer Trust Shares (55-56) 2.41 2.44 North Am Trust Shares (58).. 2.37 2.42 Selected American Shares ... 2.60 .... Selected American Shares Inc 1.19 1.28 Selected Cumulative Shares .. 6.60 Selected Income Shares . ... 3.42 3.87 Std American Trust Shares A 2.95 3.00 Trust Shares of America .... 2.75 2.80 Trustee Std Oil A 5.85 6.10 Trustee Std Oil B 5.25 5.36 U S Electric Lt & Pwr A 12.75 13.00 Universal Trust Shares 3.08 3.12 New York Bank Stocks (Abbott. Hoppin & Cos.) —June 19— Bid. Ask. Bankers 62 62'2 Brooklyn Trust 110 114 Central Hanover 127% 123 1 2 Chase National 28% 27% Chemical 40% 40% National City 27% 28% Corn Exchange 51% 51% Continental 13% 14 >i Empire 19% 19% First National 1.695 1.710 Guarantv 367 370 Irving 1674 17% Manhatten A Cos , 31% 31% Manufacturers V 21% 22 New York Trust 108% 109% Public 34 34% Daily Price Index (By United Press) NEW YORK. June 19.—Dun & Bradstreet’s daily weighted price index of thirty basic commodities compiled for the United Press (1930-1932 average, 100): Today 113.68 Yesterday 113.44 Week ago 113.37 Month ago 109.61 Year ago (June 20) 93.22 1934 high (June 19) 113.68 1934 low (Jan. 3) 101.05 (Copyright, 1934, Dun & Bradstreet, Inc.)

Bright Spots

Chicago and North Western Railroad Company car loadings in the week ended June 16 totaled 23.587 cars against 23.625 cars in the preceding week. Lynch Corporation earnings during May amounted to $39,249 after charges, equivalent to 43% rents a share on 90,000 shares of capital stock. Earnings in the first five months this year totaled $140,687, equal to $1.56 a share on stocks now outstanding as compared with $58,477 or 74 cents a share on 78,044 shares outstanding the corresponding 1933 period. American Smelting and Refining Company declares a dividand of $4.50 a share on the first preferred stock. Marriage Licenses Ives Smedlev, 37. of 119 East North street, pipe fitter and Wanda Begeman, 34, of 47 East Legrande avenue, clerk. Gerald Smith, 25, of 927 West Thirtyfourth street, chemist and Virginia Bar nett. 20. of 1557 Broadway, secretary. Frederick McCain Jr.. 31. of 4908 Carrollton avenue, advertising, and Ruth Bradford. 28. of 3628 North Illinois street, housekeeper. William Lindae. 50, of 3901 Winthrop avenue, manager, and Dorothy Woolev, 38. of 3901 North Winthrop avenue, housekeeper. Havilah Nichoison. 30. of 4850 East Thirty-fourth, delivery man. and Mila Frances Walter, 28. of 3409 North Capitol avenue, cashier. Eugene Mczger. 21, of 1462 Union street, bookbinder and Edna Schoenbachler. 22. of 1730 Madison avenue, telegraph operator. Charles Parr, 24. of 1733 North Meridian street, dentist, and Esteline Roebuck, 24. of 1655 North Alabama street, stenographer. Harry Poland Jr., 17. of 3623 Creston drive, unemployed, and Onedia Prichard, 18. of 3906 West Washington street, housekeeper. Julian Cradv. 24. of 1648 Holliday street, laborer, and Esther O’Donnell. 17, of 1617 Holliday street, housekeeper. Raymond Day. 21, of 1108 North Tibbs avenue. CCC. and Dora Melton, 20. of 2166 Singleton street, housekeeper. Frank Daily. 39. of 941 North Denny street, policeman, and Marv Murphy. 32. of 25 North Hawthorne lane, clerk. Anthony Kirch. 25. of 733 Sanders street, barber, and Bernadine King. 23. Beech Grove, housekeeper. John Deal. 34. of 2848 Denny street, machinist. Martha Johantgen. 25. of 134 Nor{h Oriental street, typist. John Freeman. 58. of 4520 West Jackson street, canvassing agent, and Marv Handl, 52, of 4214 West Michigan street, housekeeper. Robert Mohr. 22. of 1079 West McCarty street, machinist and Dorothy Herslev. 21. of 620 Home Place, waitress. Walter Boesch, 23, Columbus, 0.. grocer, and Nancy Heller. 23. of 368 Merrill avenue, factory worker. Gilbert Durnell. 28, of 2815 Station street, butter cutter, and Mary Hadley. 27. of 2815 Station street, soda clerk. Argel Updike. 22. of 731 North Warman avenue, engraving, and Helen Combs. 20. of 326 Belle View Place, tester. Frank Goode, 26. of 3519 College avenue. dental student, and Nan Collins. 21. of 39% North Capitol avenue, haiisekeepeiv JKL

New York Stocks —— tbv Abbott. Hoppin & Cos.)

AVERAGE STOCK PRICES FOR TUESDAY Net High. Low. Close, change. Thirty industrials 101.11 98.75 99.02 —1.40 Twenty rails 46.55 45.52 45.58 .57 Twenty utilities 25.32 24.65 24.65 -.46 Forty bonds .... 95.17 +.05 Ten first rails •••• 101.87 +.Ol Ten second rails •••• 82.70 +.ll Ten utilities .... 98.75 +.oo Ten industrials •••• 97.36 +.02 + Up. -Off.

—June 20. Oils— Prev. High. Low. 10:30. Close. Amerada 52% Atl Rfg 26% 26% Barnsdall 7% 7 7 /s Consol Oil 10% 11 Cont of Del 20% 20% Houston (old) 21% Mid Cont Pet 13% Ohio Oil ... 12% 12% Pet Corp Jl% Phillips Pet 18% 18% ■ Plymouth Oil ... 12% 12% Pure Oil • • • Royal Dutch 35% Sbd Oil 33% Shell Un 8% Skelley Oil ,§% Soc Vac ... 16% 16% SO of Cal 35% 35% S O of N J 47 Texas Corp ... 25% 25% Tidewater Assn ... ... ••• 13 Un Oil of Cal .. ■ ■ ... ... 16% Steels— Am Roll Mills 19% 20 Beth Steel 34% 35% Byers AM 23% Col F & Iron 6% Cruc Steel 25 1 2 Ludlum Steel 14% Mid Steel 13% Natl Steel 42 Otis Steel ... . 5% Rep I & Steel 17% 17% Rep I & St pfd 48% U S Pipe &' Fdv ... . 25% U S Steel .. 41% 41 41% 41% U. S. Steel pfd 86 Warren Bros ... Youngstwn S&T. .. ... 21% 22% Motors— Auburn 27% 26% Chrysler 41 40% 40% 41 Gen Motors .. 32 31% 32 32 Gen Motors pfd 102 Graham Mot 2% Hudson ... 11 % 11% Hupp 4 Mack Truck 28% Nash 17% 17% Packard 3% 374 Studebaker 4% Motor Acces— Bendix ... 16 15% Bohn Alum . •■ 16 15% Briggs 17% 17% 17 >4 17 % Eaton Mfg 17% 17% Elec Auto Lite 23% Houdaille "A” 4% 4% Mullins Mfg pfd 36% Murray Body 7% Timken Roll 31 Timken Det Ax 7% 7% Mining— Alaska Jun 20% 20% Am Metals . . 23% Am Smelt 41% 41% 41% 42 Anaconda ... 15% Cal & Hecla 4% Cerro De Pasco . 39% 39% 39% 39% Dome Mines 44 44% Granby ... 10% Gt Nor Ore 12% Homestake Min. . . 380 Howe Sound ... 54% 54% 54% 54% Ins Copper ■. . 4% Int Nickel 26% 26 26% 26% Int Silver . . 31% Kennecott Cop.. 22% 22 22% 2174 Mclntyre Mine 49% Noranda Cop 43% 43% Park Utah 4% Phelps Dodge 17% St Joe Lead ... ■ • • 21% U S Smelters...l29% 129 129 129% Vanadium 23 23 Amusements— Crosley Radio 16% Loews Inc ... 31 % 31% Radio Corp ..... 7% 7% 7% 7% RKO •••••••■ •• ••• 2 Warner Bros .. 5% 5% 5% - 6 Tobaccos— Am Snuff 58% Am Sum Tob 18 18% Am Tob (A) 73% Am Tob (B).'. 75 .75% Lig & Myers (B) 97% 97% 97% 97% Lorillard '• 18% 18% Reynolds T (B) 45% 45% Rails— Atchison ... 60 60% Atl Coast Lines 42% B&O 24% 2474 Can Pac 15% 15% 15% 15% Ch & Ohio 47% 47% Chi & Gt W pfd 8% C M & St P .. 574 5 C M & St P pfd 8% 8% 8% 8% Chi N W 10% 10% Dela & Hud 56 Del Lac & W 24 Elrie 20 Erie pfd 25% Grt Northern pfd 22% 22% 111 Central 26% 26% Lehigh Valley .... 16 Lou & Nash 54 M K & T 10 M K & T pfd 2374 Mo Pac pfd ... 6% 6% N Y Cent 31% 31% NY Chi&StL pfd .. . . 35 N Y New Haven .. .. 16 16 Nor Pac 2474 24% Penn R R 31% 31% Reading 50 Sou Pac 25 2474 2474 25 Sou R R 26% 2614 26'% . 26% Sou R R pfd 33% Union Pac 1267 a Wabash 8% West Maryland. 12% Equipments— Allis Chalmers ... ... 16% 1074 Am Brake Shoe 27 27 Am Car & Fdy 22% 2274 Am Loco 26 Am Mach & Fdy .. ... 1574 Am Steel Fdy 177a Bald Loco 11% 11% Bald Loco pfd 47% Burroughs 14% Case J I ... 5374 53% Cater Tract 27 277* Deere & Cos 2174 2178 Elect Stor Bat 42% Fost Wheeler 1674 Gen Am Tank C. .. ... . 3874 Gen Elec 207a 207a Gen R R Sig 33% Ingsol Rand ... 62 74 61 7a Int Bus Mach 14374 Int Harvester ... 33 3372 Natl Cash Reg .... ... 17'4 1774 Pullman Inc ... 51% 51 % Rem Rand .. ... 10% 1074 Und Elliot 4774 47% West Air B M 2174 2174 Westingh Elec .. 37% 37% 37% 377* Worthton Pmp 21% Utilities— Am & For Pw .. 874 Am Pow & Lit 8 8 AT&T 115 115% Am Wat Wks 20% 207s Brook Un Gas 68 Col Gas & El 14% 14% Com & Sou 274 Consol Gas ... 35% 3474 3474 34% Elec Pw & Lt 674 E P & L pfd 15 Int Hydro El 774 774 Int T & T 13% 1374 Lou G. & E “A” . 17% Nat Pw & Lit .. 10% 10% 1074 10% North Amer .... 18 74 1 874 1 874 1 81a Pac G tr E 19 19 Peoples Gas 35 3574 Post Tel pfd . 21 Pub Serv N J ... 38% 3874 3874 3874 So Cal Edison 16% Std Gas 11% Std Gas pfd .. 1374 Stone & Webs 874 874 United Corp 574 574 574 574 Un Gas Imp 17 Ut Pwr & Lit A ... 3% Western Union. 47 4 674 47 477a Rubbers— Firestone ... ... 18% Goodrich 14’% Goodyear 3'0% U S Rubber ... .. ... ... 1974 U S Rubber pfd 4874 Miscellaneous— Am Bank Note ... 21% Am Can ... 9774 Anchor Cap 2074 . Brklvn Man Tr. 38 3714 38 38 Conti Can 7974 Curtis Pub 2374 Eastman Kodak 100 Gillette 11 10% 1074 10% Glidden ... 2474 Inter Rapid Tr . .. ... 8% Owens Bottle .. .. ... ... 79% Raybcstos Mfg 18% Foods— Am Sugar 63% 63% 63% 6374 Armour A 574 574 574 5% Beatrice Cream. . . 1C74 Borden Prod ... 2674 2674 2674 2674 Cal Packing 33 3374 Canada Dry G A 2274 Coca Cola 126 Cont Bak A 9% Corn Prod 68 7e Crm of Wheat 33 Cuban Am Sugar 774 Gen Foods 32 Gold Dust 20 2074 G W Sugar 3274 32 % 32% 327s Hershev 63% . Int Salt 3174 31% Loose Wiles 40 Natl Biscuit 36 36 Natl D Prod ... 1874 18 18% 14 Puritv Bak 14 S Porto Rico S 34% 34% Spencer Kellog 23 22% Std Brands 21 2074 2074 21 Un Biscuit ■ 25% United Fruit 73% Ward Bak (A) 6474 Retail Stores— Best & Cos 31% First Natl Stores 65% Gimbel Bros 4 4 Gr Un Tea 674 Hahn Dept Sts.. 5% 574 5% 57* Jewel Tea . ■ 47% ... Kresge S S .... 19 18% 19 19 Kroger Groc 30% Macv R, H 42 Marshall Fields 16 Mont Ward 2774 28% Natl Tea 1374 Penney J C 60 74 60 74 Sears Roebuck.. .. ... 43 74 43% Woolworth 51 Aviation— Aviation Corp.. • 6% Curtiss Wright 3% 374 Curtiss Wr (A) 10 Douglas Air.... .. ... 21 2174 Nor Am Av..... • 4% 474 474 474 Speerv Corp . . . 9% United Aircraft 1974 19% 19% 1974 Wright Aero 5374 Chemicals— Air Reducation-. •• 100 Allied Chem . 14174 141 % Am Com Alcohol 3674 3674 36% 377s Col Carbon ...... ... 7374 74 Com Solvents... y. ... 23 74 2374

THE INDIANAPOLIS TIMES

Dupont 91% 91% 91% 9174 Freport Tex.... 3174 3 1 31 3174 Liquid Carb 29% Math Alkali 3274 33 Montosonta Ch • 48% Natl Dis (new) 2574 2574 2a% 25% Schenley Dist 29 74 2974 Tex Gulf Sulph. .. ... 3474 347 8 Union Carbide 43 74 43 74 U S Indus Alcohol 43 Virg Ch 6% pfd 18% Drugs— Coty Inc 674 674 Lambert 26% Lehn & Fink 20 1 4 Un Drug ... 15% Zonite Prod 574 Financial— Adams Exp ... 9 8% 8% • 9 Allegheny Corp 274 274 Am Int Corp .... 8% Chesa Corp . 47 Leham Corp ... ... 70 Transamerica 674 6% Tr Conti Corp 474 Building— Am Radiator ... 14% 1474 14% 1474 Gen Asphalt 19% Int Cement 28 27% Johns Manville ..... ... 54 54 Libbv Owens Gls 32 32% Otis Elev ... 16 16 Household— Col Pal Peet 1674 Congoleum 27% 28 Kelvinator 1874 Mohawk Carpet . 19,, Proc & Gamble 3674 36% Simmons Bed 16% 16% Textiles— Amer Woolen 1174 1174 Belding Hem • ■ 13 Celanese Corp .. 26 2574 257-4 26% Collins Aikman.. 17% 17 17 1774 Gotham Hose 8% ••• Indus Rayon 2574 25% Kayser Julius ..... 1"74 New York Curb (By Abbott. Hoppin & Cos.) —June 19— Closel Close Alum Cos of Am 69 iHirain Walker.. 36 Am Cyanide B. lSV+Hud Bay Min.. 4474 Am Gas & El . 27 741 Imp Oil Ltd 15 Am Superpower 2\ Lake Shore Min 53% Ass Gas & El.. 7 8 !Lone Star Gas.. 574 Atlas Corp .. 1174-Natl Bellas Hess 372 Brit Celanese.. 2%iNewmont Min. 53 Can Marc ... 2%|Nia Hud Pwr.. * 6 Cities Serv .... 2%lNovadel Agene. 21% Com Ed 55 >4 Pan Am Airways 37% Con G of Balt. 6 |Park Davis ... 2474 Cord Corp ... 4% Penn Road ... 2% Creole Petrol.. 1274 St Regis Paper. 3% Deere &Cos ... 21% Sal Creek Prod. 6% Distillers Lim. 22% Sherwin Wms.. 67% Distillers Corp. 16% Std of 1nd.,... 27 74 El B & Share.. 1614!Std of Kv 16% Fisk Rubber .. 11 iTechnicolor Ind 13% Ford of Can A 22 |Teck Hughes G 6% Ford of Europe 874 Un Gas 2% Gen Aviation . 4%'Un Pwr &Lt A 3% Glen Aid Coal. 16% Wright Hare M 974 Gulf Oil of Pa. 65%:

Chicago Stocks " (By Abbott. Hoppin <& Cos.) ■

—June 20. High. Low. Close. Asbestos Mfg ... 2% Berghoff 7% 7% 7% Bendix Aviation 15% 15% 15% Borg-Warner 24% 24 24 E L Bruce Cos .. 10% Butler Bros 9% 9% 9% Cent 111 Securities, Com .. ... % Cent 111 Securities pfd 7% Chicago Corp Com 2% Chicago Corp pfd 27 Cities Service 2% Commonwealth Edison 54% Chicago Ribbon 4% Electric Household 15 % Gen Household Ut 13 12% 12% Great Lakes Dredge 18 Midland United ... % Pines Winterfront % % % Public Service N P • 18 Quaker Oats 115 114 115 Swift @ Cos 17% 17% 17% Swift Interna .. 31% Thompson JR.- 6% 6% 6% Walgreen Cos com 28 Zenith Radio 3%

Bond Prices "" """ <By Fenner & Beane'

—June 20— High. Low. Close. All Corp ss, ’SO 39% Am <fe F Pwr ss, 2030 .. 54 53% 53% A T & T db ss. ’65 ...109% 109% 109% Atch gen 4s. ’95 . 102% B&O cv 4%5, '6O 67% 67% 67% Can Pac 4s 83% 82% 82% C & O ss, A ’39 110% CMS&PP adj ss, A 2000 14% 14% 14% CMSP&P rs ss, A ’75 .. 43% 43% 43% Con Gar N Y 4%5, ’sl 104% Denmark 5%5, ’55 91 Erie R R rs ss, ’67 75% Goodyear ss, ’57 100 99% 99% Gt Nor 7s, A ’36 ...... . . 95 Interboro RT ss, ’66 .. 70% 70% 70% Int T <fe Tdb ss. ’55 . 66% 66% 66% Nat Dairy db 5%5. ’4B 98% 98% 98% NY Cen 4%5. O 2013 77% Nor Am ss. ’6l ... 89 Para Pub 5%5, ’SO 55% Penn R R 4%5, D ’Bl .. 98% 98% 98% Poland 7s. '47 . 111% Shell Un Oil ss. ’47 99% 99 99% Sin Cons 6%5, B ’3B 105 Texas Corp ss. ’44 102% 102% 102% Un Pac Ist 4s, ’47 106% U S Rubber ss. A ’47 86% Vanadium ss, ’4l 82% U. S. GOVERNMENT BONDS (By United Press) NEW YORK. Jure 19.—Closing Liberties. (Decimals represent thirty-seconds.) —Liberty—--3%s (32-471 104.4 First 4Vis (32-47) 102.31 Fourth 4Vis (33-38) 103.23 —Treasury—--4V4S, 3Vis (45) 103.23 4Vis (47-52) 113.5 3%S (43-47) 104.22 3%s (41-43) March 105. 3%s 40-43) June 105.2 3*is (43) + . 104.29 3%s (46-49) 102.13 3s (51-55) 101.10 FEDERAL FARM LOAN BONDS (By Blyth & Cos.. Inc.) —June 19— Bid. Ask. 4s Nov. 1. 1957-37 101% 101% 4s May 1. 1958-38 101% 10%/. 4Vis July 1. 1956-36 101% 101% 4%s Jan. 1. 1957-37 101% 101% 4 Vis Mav 1. 1957-37 101% 101% 4Vis Nov. 1. 1958-38 (101% 4Vis May 1. 1942-32 101 101% 4Vis Jan. 1, 1943-33 101 101% 4’is Jan. 1. 1953-33 100% 101% 4Vis July 1. 1953-33 100% 101 Vi 4Vis Jan. 1. 1955-35 101% 101% 4%s Jan. 1. 1956-36 101% 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 101.07 101.12 Federal Farm Mortgage Corporation 3Vis March 15. 1964-44...... 101.28 102.02 CREDIT PEAK REACHED BY HOME LOAN BANK Chicago Institution Reports Total of $11,353,396 on June 11. By Times Special CHICAGO, June 20.—The Federal Home Loan bank of Chicago has total credits outstanding of $11,353,396 on June 11, it was reported this week, the largest total registered in the bank’s seventeen months of existence. Ten-year advances to member Building and Loan Association in Wisconsin and Illinois accounted for $4,977,255 of the total amount. The total number of members has been brought up to 295 with the recent addition of six new Chicago institutions, the executive committee of the bank reports. BUSINESS ACTIVITY UP Index Shows Conditions Now Only 26.4 Per Cent Below Normal. By Times Special WINCHESTER, Mass., June 20. Business activity is now 24.2 per cent below normal, as measured by Winchester’s Business Activity Index. This compares with 30.6 per cent below normal a year ago this time. During the past week business took quite a sharp upturn, which was largely due to increased check transactions. General business has been seesawing back and forth since the first week in March, but has registered no slump. Naturally at this time of year we would expect some let down io. business activity.

PORK VALUES STEADY TO 5 CENTSLOWER Cattle Mostly Unchanged; Veal Market Weak at $5 Down. Porker prices fluctuated in a narrow range at the local stockyards this morning, with the majority of classes steady to 5 cents higher than yesterday’s average. Initial trading was quiet as compared with previous sessions, and receipts, estimated at 6,500, were slightly less than normal. The bulk, 160 to 350 pounds, was selling at $4.95 to $5.10. Early top held at $5.10. Extremely light slaughter pigs, scaling from 130 to 160 pounds, brought $4 to $4.50, while smaller grades, weighing 100 to 130 pounds, sold at $3.25 to $3.55. Packing sows held at $3.25 to $4.15. Holdovers numbered 788. Only slight changes were registered in the cattle market. Early sales on steers remained unchanged at $9.25 down. Heifers and cows held steady to slightly lower than the previous close. Best heifers brought $6.75, W’hile old heads cashed in at $7. Receipts were 1,000. Weakness was carried over in the veal market and prices moved around 50 cents lower than yesterday’s decline. Bulk of better grades ranged from $5 down. Receipts were 800. Trading developed slow in the lamb market and prices continued stationary. Most grades were salable at $9 to $9.25. Thowouts sold at $6 to $7, while slaughter sheep were strong at $1.50 to $3. Receipts were 1,000. General asking was around 10 to 15) cents higher on hogs at Chicago. Heavy grades above 220 pounds, was bid in at $5 to $5.10. Receipts were estimated at 16,000, including 4,000 directs; holdovers, 2,000. Cattle receipts numbered 12,000; calves, 5,000; market unchanged. Sheep receipts were 4,000; market, strong. June Bulk. Top. Receipts. 14. $4.80® 4.90 - $5.00 4,000 15. 4.90® 4.95 5.05 6,500 16. 4.85® 4.95 5.05 2,500 18. 4.90® 5.05 5.10 8,000 19. 4.90® 5.05 5.10 9 000 20. 4.95® 5.10 5.10 6.500 Market, Higher (140-160) Good and choice ...? 4.25@ 4.50 —Light Weights—-(l6o-180) Good and choice.... 5.00 (180-200) Good and choice.... 5.05 —Medium Weights—-(2oo-220) Good and choice.... 5.10 (220-250) Good and choice.... 5.10 —Heavy Weights—-(2so-290) Good and choice.... 5.10 (290-350) Good and choice.... 4.95® 5.10 —Packing Sows—(2so down) Good 3.85® 4.15 (250 lbs.) Good 3.60® 4.00 (All weights) Medium 3.25® 3.85 —Slaughter Pigs—-(loo-130) Good and choice.... 3.25® 3.75 CATTLE Receipts. 1,000; Market, Steady. Good and choice $ 6.50® 9.00 Common and medium 4.00® 6.75 (1,100-1,5001-Good and choice 7.25® 9.25 Common and Medium 5.50® 7.50 (675-750) Good and choice 5.50® 7.00 Common and medium 3.25® 5.75 (750-900) — Good and choice 5.25® 7.00 Common and medium 3.50® 5.25 —Cows— Good 3.50® 4.25 Common and medium 2.50® 3.50 Low cutter and medium 1.50® 2.50 Bulls (yearlings excluded) Good (beef steers) 2.50® 3.50 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts, 800; Market, Lower Good and choice $ 4.50® 5.50 Medium 3.00® 4.50 Cull and common 2.00® 3.00 —Calves— Good and choice 4.50® 5.50 Common and medium 2.50® 4.50 —Feeder and Stocker Cattle— Good and choice 4.25® 5.75 Common and medium 3.00® 4.25 (800-1,500) Good and choice 4.25® 5.75 Common and medium 3.00® 4.25 SHEEP AND LAMBS Receipts, 1,000; Market, Steady (Shorn Basis) Spring lambs, good and choice $ 8.50® 9.25 (500-Ids. down) Com. & med . 6.50@ 8.50 —Ewes— Good and choice 2.00® 3.00 Common and medium I.oo® 2.50 Other Livestock (By United Press CHICAGO, June 20.—Hogs—Receipts, 16,000, including 4,000 directs; active. 15c to 25c higher than yesterday; weights above 200 lbs. $5®5.15; top, $5.15; 170-200 lbs.. $4.50®5; light lights ,$44)4.50; pigs, $2.75®3.75; packing sows, $4®4.50; light lights, 140-160 lbs., good and choice, s4® 4.60; lightweight, 160-200 lbs., good and choice, $4,404/ 5.05; medium weights. 200250 lbs., good and choice, [email protected]; heavyweights, 250-350 lbs., good and choice, $5415.15; packing sows, 275-550 lbs., medium and choice. $3.85®4.50; slaughter pigs, 100-130 lbs., good and choice, $2.75 4i4. Cattle—Receipts, 12,000; calves, 5,000; better grade weight steers fully steady; early top. $10.25; some held higher; several loads $9,504/ 10.15; not much change on choice long yearlings but general run in between light steers and long yearlings, 25c lower than early yesterday; other killing classes very unever, largely steady to 25c lower; yearling heifers and cutter cows showing ' most decline. Slaughter cattle and vealers: steers, 550-900 lbs., good and choice, $5,754/8.75; 900-1,100 lbs., good and choice, $6.50®9.75: 1,100-1,300 lbs., good and choice, $74/ 10.25; 1,3001,500 lbs., god and choice. SB4/10.25; 5501,300 lbs., common and medium, $44/8; heifers, 550-750 lbs., good and choice, $5.50 4/7.25; common and medium, $3.25®5.50; cows, good, $44/5; low cutter and cutter, $1.50®2.50; bulls, yearlings excluded, good beef. $34/3.75; cutter, common and medium, $2,254/3.50; vealers, good and choice, $44/5.50; medium, $3.50®4; cull and common, $2,504/3.50; Stocker and feeder cattle: steers, 550-1,050 lbs., good and choice, $4.50®5.50; common and medium, $3,504/ 4.75. Sheep—Receipts, 4,000; spring lambs, aevtive, fully steady to strong; yearlings and aged sheep, steady, considering plainer quality of yearling contingent; bulg light sorted natives, $9 to all interests; best, $9.25; fairly good 73-lb. yearlings, $6.75; ewes, sl4/2.25. Slaughter sheep and lambs: spring lambs, good and choice. [email protected]; medium, s7® 8.50; ewes, 90-150 lbs., good and choice, $1,504/2.25: all weights, common and medium, [email protected]. FT. WAYNE, June 20.—Hogs—Receipts, 5c to 10c higher: 250-300 lbs.. $5.10; 200250 lbs.. $4.95; 180-200 lbs., $4.85; 160-180 lbs.. $4.75; 300-350 lbs.. S4.880; 150-160 lbs., $4.10; 140-150 lbs., $3.85: 130-140 lbs., $3.60, 120-130 lbs.. $3.35: 100-120 lbs., $3.10; roughs, $3.50; stags, $2; calves, 5; lambs, $8.50. LAFAYETTE. June 20—Hog market, steady to 5c higher; 200-300 lbs.. $4.95; 160-200 lbs., $4,804/ 4.85; 140-160 lbs., s4® lbs., $34/3.25: rough, $4. down; top calves, $4; lambs, $7.50® 8. (By Times Special) LOUISVILLE. June 20.—Cattle—Receipts, 225. including 64 direct; market less active with demand from local killers easier; early sales steady to weak; bulk common to medium steers and heifers quotable, s4® 5. \*ery little included of quality to sell' above. $5.50; strictly good dryfeds eligible around $6.50; bulk beef cows, $2 50 @3.25; good smooth offerings to $3.75; most sales sausage bulls, $3 down; best heavy kind considered eligible higher; most light Hereford stokers salable s4® 4 50. Calves— Receipts, 400; market fully 50c or more lower than yesterday’s overage; bulk $4 down; strictly choice, $4.50. Hogs, 1,100; steady; 185-275 lbs., $5; 275 lbs. up. $4.30; 160-185 lbs., $4.10; 145-160 lbs., $3.75; 120-145 lbs.. $2.35; sows, $2.85. Sheep—Receipts, 2.700; run includes 5 decks of rail lambs; bulk of supply trucked in springers; market not established; buyers generally bidding fully steady to strong with yesterday’s 25-50 c loss; most selling interests asking strong to 25c higher; bulk better truckedin ewe and wether springers, $8 to mostly $8.25 with most choice longhaul overnight and rail lambs. $8.50; fat ewes. sl®2; stock ewes salable mostly. ss® 7 per head. Reports Business Gain By Times Special PITTSBURGH, Pa., June 20. Bureau of business research of the University of Pittsburgh reports business activity in this district at the close of May stood at 71.9 per cent, an increase of 7.5 per cent over the preceding month and 41.6 per cent above the same date last year.

Business Activity Shows Improvement for May

Steel Production Carried 7.1 Per Cent Above April. By Times Special NEW YORK, June 20— Business activity showed moderate improvement in May, although the slowing up of the rate of recovery observed early in April was extended into recent weeks, according to the monthly report of the national industrial board. Commodity prices in the main showed strength in the last six weeks, although movements were selective. Security prices lost ground in May, but resisted downward tendencies in the first half of June. Productive activity showed a net gain during the month. While declines of a more than seasonal nature were recorded in the automobile and textile industries, advances in other major fields of production effected a general net advance. Building and engineering construction awards advanced counter to seasonal expectations. Steel and iron production, in continuing upward in May when a decline would have been normal, continued the counter-to-s easo na 1 movement experienced in April. Electric power output fell off slightly in May, but less than generally expected during the month. Bituminous coal production advanced sharply, and, in doing so, partially compensated for the unseasonal decline in output in April. Car Production Dips Production of passenger cars and trucks in the United States and Canada in May is estimated at 336,700 units, a decrease of 11 per cent under the preceding month, but an increase of 48 per cent over May, a year ago. On the basis of new passenger car registrations available for a few states during May, retail sales for the month are estimated at 255,000 units, as compared with 222,900 units in April and 160,242 units in May, 1933. This represents an increase of 11 per cent over April and 59 per cent over May, a year ago. Steel production advanced again in May. Average daily output during the month was 125,807 gross tons, 7.1 per cent greater than the April average of 177,426 gross tons. In recent years, the seasonal movement from April to May was a decline of 3.1 per cent. Total production for May was 3,396,800 gross tons. Steel operations in May were at 58.1 per cent of capacity, as against 54.2 per cent in April, and 34.1 a year ago. The May figure is only slightly below the July, 1933, average of 59 per cent of capacity, which was the highest of any month during the last three years. Production of bituminous coal in May, estimated at 28,025,000 net tons, showed a gain of 13.1 per cent over the April total and 24.6 per cent over that of May, 1933. The average seasonal gain in recent years between April and May was 5.2 per cent. Average daily output was roughly 4 per cent above that for April. Production of electric power in May showed somewhat less than the usual seasonal decline from the month before, output averaging 1,631,000,000 kilowatt hours a week, as compared with 1,647,000,000 in April, and this trend was maintained during the first half of June. Building Awards Rise < Residential building awards totalled $24,847,000 in May and were 9.1 per cent above the April level. A seasonal decline of 11 per cent has been usual in recent years. The total for the current month, however, did not reach the total for the corresponding month last year and was 6 per cent below it. Non-residential/building made the greatest gain of all classes in May, with an increase of 36.3 per cent over April. Total contract awards for May were $52,797,000; for April, $38,736.000. Publicly financed construction awards totaled $71,558,500 for May and were 5 per cent under the April total of $75,158,900. ’ Compared with a year ago, May contracts were three times as great. Privately financed construction awards advanced 12 per cent over the April figure and 17 per cent over May, 1933. May awards totaled $62,887,200; April awards were. $56,252,900. General distribution and trade increased less than seasonally in May, as compared with April in both value and physical volume of turnover. Rail shipments and department store sales increased less than seasonally, but sales of chain stores and mail order houses advanced by Produce Markets Delivered In Indianapolis prices: Heavy hens. 10c; Leghorn hens. 7%c; 1934 broilers 1% lbs. and over, 18c; Leghorn broilers 1 % lbs. and over. 16c; bareback broilers, 12c; old roosters, 3c; ducks and geese. 3c; young guineas. 1% to 3 lbs., 20c; old guineas, 15c; No. 1 strictly fresh country run eggs, loss off 11c. Each full case must weight 55 lbs. gross; a deduction of 10 cents a pound for each pound under 55 lbs. will be made. Butter—No. 1, 28® 29c; No. 2, 264/27c. Butterfat, 22c; Quoted bv Wadley Company. (By United Press) CHICAGO. June 20.—Eggs—Market, steady; receipts. 12,864; extra firsts. 15%c; fresh graded firsts. 15%c; current receipts. 12%® 13%c; dirties. No. 1,12 c: No. 2. 11c: checks. No. 1. ll%c; No. 2,11 c. But-ter-Market. unsettled: receipts. 11,660 tubs; extra firsts (90-91% scorel. 23%®24c; firsts (88-89% score. 22%4/22%c; seconds (86-87% score. 21@21%c: extras (92 score I. 24%c; specials. 25©25%c; standards. 24%c; centralized (89 score). 23'Ac; centralized (88 score). 22%c. Poultry Market, steady; hens, heavy, 13c; medium, 12c; receipts. 37 trucks. 1 car due: broilers. 15® 18c; Plymouth rocks. 21%c; trvers. Plymouth rock. 23c; springers, colored. 23c; rock, 25c: spring geese. 13c: turkeys. 14c; ducks, heavy springs. 13c; leghorns, 10c; old roosters. B%c. Cheese— Twins. 13%®13%c; longhorns. 13%©13%c; daisies. 13%®14. Potatoes—Old stock Supply moderate: demand and trading light; market, dull; Idaho russets. $1.15® 1.30. New stock—Supply moderate; demand and trading moderate; market firm on best grades; Alabama triumphs, $1.60 @1.70: showing decay. $1@1,40; Louisiana triumphs, $1.65; Oklahoma triumphs, showing decay. [email protected]; Arkansas triumphs. $1.50: North Dakota cobblers, [email protected]. Arrivals 89. on track 334: shipments 948. NEW YORK. June 20.—Potatoes—Easy; southern, [email protected] barrel; Maine, sl® 2.15. Sweet potatoes—Quiet; Jersey basket. [email protected]; southern basket, $1.50. Flour —Steady; springs: patents, $7.25® 7.50 barrel. Pork—Steady; mess, sl9 barrel. Lard—Easy; middle west spot, $4.30 ®4.40 a 100 lbs . Dressed poultry—Quiet; turkeys. 12%@27c; chickens. 9@29c: broilers, 22@29c; capons, 23@30c: fowls. 11® 17c; ducks, 13®T4c ;Long Island ducks, 13® 15c. Live poultry—Firm; geese, 6©7c; turkeys, 12@19c: roosters, 9c; ducks. 10® 12c; fowls. 13@16e; capons, 22c; broilers, 12®27c. Cheese—Steady: state whole milk fancy to specials, 18®19c. Butter —Receipts. 14,448 packages; market easier; creamery higher than extras. 25%®26c; extra (92 scorei. 25c; first (90-91 scorel, 24%@24%c: firsts (88-89 score), 23%®24c; seconds. 22%4)23c; centralized (90 scorel, 24%c; centralized (88-89 score), 23%@24c; centralized (84-87 scorel. 22%®23c. Eggs —Receipts, 34,625 cases; market, firm; special packs including unusual hennery selections, 19@22%c; standards, 18@18%c; firsts, 16%c; seconds, 15®15%c; mediums, 14%c; dirties, 15®15%c; checks, 13%@14c; storage packs. 17c. CLEVELAND, June 20.—Butter—Market, steady; extras. 28%c standards. 28%c. Eggs—Market, steady; extra white. 14c; current receipts, 14c. Poultry—Market, firm; colored fowl, 6 lbs., and over, 14® 15c: leghorn fowl. 3% lbs., and up. 12c; broilers, colored, ordinary, 22®23c; old roosters. 9c; ducks, white, 5 lbs., and up 14© 15c. Potatoes —North Carolinas best, *2.65&2.75 per bbL 4*

more than the usual seasonal amount. Department store sales rose less than seasonally in May and showed an increase in dollar value of turnover of 5.6 per cent over April and 11.9 per cent over May, 1933.

I Cash Grain

INDIANAPOLIS —June 19— The bids for car lots of grain at the call of the Indianapolis Beard of Trade, f o. b., shipping point, basis. 41% New York rate, were: Wheat-Steady; No. 1 red, 88®'89c; No. 2 red, 87@88c; No. 2 hard. 87@88c. Corn—Steady; No. 2 white, 58@59c; No. 3 white, 57@58c; No. 2 yellow. 54®55c; No. 3 yellow, 53@54c; No. 2 mixed, 53@54c; No. 3 mixed, 52@53c. Oats—Steady; No. 2 white, 40%@41%c; No. 3 white, 39%@40%c. Hay—Firm iF. o. b. country points taking 23%c or less rates to Cincinnati or Louisville). No. 1 timothy, [email protected] —lnspections Wheat—No. 2 red, 1 car. Total, 1 car. Corn—No. 3 white, 3 cars; No. 4 White, 2 cars; No. 2 yellow. 2 cars; No. 3 yellow. 5 cars; No. 4 yellow, 2 cars. Total. 14 cars. Local Waron Wheat City grain elevators are paying 84 cents for No. 2 soft red wheat. Otntr grader on their merits. (By United Press) CHICAGO, June 19.—-Cash grain: Wheat —No. 2 hard, 97%c. Corn—No. 2 mixed 63c (Lake billing mainly white). No. 2 yellow, 60%®61c; No. 2 white, 64%c; sample grade white, 55c. Oats—No. 2, white, 44%c; No. 4, white, 42%c. Rye— No sale. Barley Quotable. - 56c@$l. Timothy—s9®9.2s. Clover Seed—slo,2s4/14. Cash provisions—Lard, $6.67; loose, $6.20; leaf, $6.25; bellies, $9.50. TOLEDO. June 19 —Grain close: (Grain in elevators, transit billing.l Wheat—No. 2 red. 97%@98%c. Corn—No. 2 -yellow. 63%@64%c. Oats—No. 2 white, 48%<® 49%c. Rve—No. 2. 70%®71%c. Track prices, 28c rate. Wheat—No. 1 red. 94® 94%c: No. 2 red. 93@93%c. Corn—No. 2 yellow, 59@60c: No. 3 yellow. 58®59c; No. 4 yellow. 57@58c. Oats—No. 2 white. 45% @46%c: No. 3 white. 45©46c. Toledo seed close. Clover—Cash $8.25. Alsike—Cash. $8.50. ST. LOUIS. June 19.—Cash grain: Wheat—ln fair demand, 1c lower on red and %c higher on hard wheat; No. 2 red. 92%<5 94%c; No. 3 red garlicky. 87c: No. 2 hard, 96%c, nominal; No. 5 hard. 90c. Corn—ln fair demand, % to lc higher; No. 2 yellow. 61@61%c; No. 3 yellow, 60% @6lc. Oats—ln light demand; no offerings. On Commission Row —June 20— —Fruits— Apples—Fancy Winesaps. $2.25. Cherries—Home grown. 24-qt. crates, $2 @2.50. Oranges—California. Sunkist, $5.25@6; Valentias, $4.75®6. Lemons—Sunkist, $7. Grapefruit—Florida seedless, [email protected]. Strawberries —Home grown 24-qt. c: - ate, $2.50® 3. Raspberries—Southern Indiana black. 24pt. crate. $1.75@2. Cantaloupes—California jumbos, 455, $4.25; standards. $3.75; Honeydews, $2.75. Pears—Calavos, $3.50 per box. Pineapples—Cuba, [email protected]. Bananas—Per pound. sc. —Vegetables— Sweet Co.’n—Alabama, 5-dozen crate, $1.50® 1.75. Cabbage—Tennessee, pony crate, $1.25. Celery—Florida, $5.50 a crate; jumbo bunch, 90c; medium bunch, 75c. Onions —Texas yellow, 50-lb. bag, $1.90. Potatoes—Northern round white, 100-lb. bag, $1.75; Maine Green Mountain. $1.90; Colorado McClures, $2; Idaho Russets, 100lb bag, $2; new Texas Triumphs, $1.85. Sweet Potatoes—Tennessee Nancy Hanks, hamper, $2.40. Asparagus—Home grown, dozen. 65c@ $1.25. Beans—Round, stringless, $1.60; Kentucky Wonders, $1.75. Beets—New, 45c a dozen. Carrots—California. 6-dozen crate. $3.25: bulk, new, $1.60. Cauliflower—California, $2.75. Lettuce—Outdoor, 15-lb. basket. 85c; Iceberg best, $4.50 a crate. * Peas—lndiana, $2.50. Radishes—Home grown buttons, ’arge bunch, 50c. Rhubarb—Home grown, dozen, 30c. Spinach—Home grown, bushel. 85c. Tomatoes Hothouse. 10-lb. basket, sl.lO- original Texas, 30-lb. lug. $1.50. CHICAGO FRUIT MARKET (By United Press) CHICAGO, • June 20.—Apples—Michigan spies, [email protected]; Illinois transparents, $2.25 @2.50. Carrots—California, $2,250)2.40 crates; Texas bushel. $1.25. Spinach— Illinois, 50@60c bushel. Cucumbers — Central western hothouse, [email protected] i2 doz. to box i. Beans —Southern green, $1 ©1.25 bushel: wax. $1.50© 2.25. Tomatoes —Texas. 85c© $1.15 lug box. Sweet potatoes—Tennessee, $1.90#2 bushel hampers. Mushrooms —Illinois. 15©35c (lb. cartans). Asparagus—lllinois, ’6o© 75c box. Strawberries—Michigan, [email protected] (16 .at). Beans—lllinois Green. 50® 75c (34 bushel hampers). Peaches —Georgia. $1©1.15 (% bushel). Onion Market—(so-lb. sacks): Texas yellows, $1.40© 1.45; Texas whites, $1.40® 1.45; California yellows, [email protected] Coal Loadings Decline By Times Special CLEVELAND, 0., June 20.—Loadings of bituminous coal into vessels at Lake Erie ports during the week ended June 11 totaled 1,264,197 tons against 1.339,711 tons in the previous week and 848,204 tons in the corresopnding 1933 week. Births Boys Lowrence and Gladys Brooks, 1117 Park avenue. Phillip and Margaret Doherty, St. Vincent hospital. Herbert and Sadie Walz. St. Vincent hospital. Joseph and Esther Kane. St. Vincent hospital. William and Mary Morgan. St. Vincent hospital. John and Daisy Kidwell. St. Vincent hospital. Herman and Martha Morphew. St. Vincent hospital. Girls Roy and Dorothy Deal, 1810 Easr Sixtyninth. Carl and Ardrev Austin. 3721 Orchard. Frank and Jennie Woody. 2107 South Emerson. Richard and Mary Likes. 912 Bast Twenty-seventh. - Edward and Margaret Dowd, St. Vincent hospital. Clarence and Louanna Alexander. St. Vincent hospital. Leo and Lltitia Lebo, St. Vincent hospital. Victor and Beatrice Schweder. St. Vin"cent hospital. Lester and Lena Boughton. St. Vincent hospital. Donald and Madeline Murphy. St. Vincent hospital. Frank and Marie Roth. 605 North Ban- | croft.

Bargain Week-End Trips NEXT SATURDAY CLEVELAND $4.50 Leave 10:00 p. m. or 10:50 p. m. Return on any train until 3:00 a. m. Monday. Coach service. DETROIT $4.50 TOLEDO $4.00 Leave 10:00 p. m. Return on any train Sunday. Coach service. NEXT SUNDAY ST. LOUIS $4.50 Leave 12:35 a. m.. 2:45 a. m. or 8:15 a. m. Return on any train same day. Coach service. CINCINNATI $2.50 GREENSBURG, $1.25. SHELBYVILLE, 75c. Leave ? :45 a. m. Return on any train same day. Coach service. Greatly reduced round-trip raitroa and sleeping car fares between all stations each week-end. ASK ABOUT Low Round-trip coach and Fullman tares and all>expense tours to the CHICAGO 1934 WORLD’S FAIR LOW ROUND TRIP FARES OVER FOURTH OF JULY One and 1-9 of the one way fare for the round trip to all points. Leave on any train July 3 and until noon July 4. Return limit midnight July 4. Reduced round trip Pullman fares. BIG FOUR ROUTE

-JUNE 20,1934

FUTURE PRICES TURN WEAK IN LIGHTTRADING Fear of Hedging Pressure From Southwest Is Bearish Factor. BY HARMAN W. NICHOLS United Press Staff Correspondent CHICAGO, June 20.—Fear of further hedging pressure from the southwest, where harvest is in progress, worked a slightly bearish sentiment over wheat at the opening of the Board of Trade today and prices took to the downside. Wheat opened % to % cent lower, corn was % cent lower to Vs cent higher, oats was Vs to % cent off, and rye was off li to % cent. Movement in the southwest has \ been only moderate and farmers were said to be holding their grain for higher prices. Considerable rain fell over the northwest and South Dakota reported storms overnight. Liverpool wheat was fractionally higher at the start. The corn belt was cloudy, but reports of further chinch bug damage came to the attention of traders. Chicago Futures Range —June 20— ... . Prev. High. Low. 10:00 Close. Wheat— July 94% 93% 93% 93% Sept 94% 94 94% 95% Dec 96% 95% 95% 96% Corn— July 58% 58% 58% 58% Sept 60% 59% 59% 60%%. Dec 60% 59% 59% 60% v Oats— July 43% 43% 43% 43% ' Sept 43% 42% 43 43% Rye— July 65% 65% 65% 66% Sept 67% 66% 66% 67% Dec 69% 69 69 69% Barley— July 58% Sept 54% CHICAGO PRIMARY RECEIPTS —June 19— —Bushels— Todav Last Week Wheat 568.000 432,000 Corn 557.000 255.000 Oats 141.000 149.000 DOLLAR HOLDS STEADY, London Gold Price Advances Two Cents to $34.79^. By United Press LONDON, June 20—The dollar was steady today. The pound was ■ $5.04'%. Gold rose 2 cents to $34.79 Vz with the sterling rate 137 shillings 10 Vs pence, up one penny. Yesterday's rate was set with the pound j at the same price as today. By United Press PARIS, June 20.—The dollar was steady today. Francs were 15.14 to. the dollar (6.605 cents a franc). SETS SALE RECORD Chicago Firm Books $1,500,000 During Two Months’ Contest. By Times Special CHICAGO, June 20.—R. Cooper Jr., Inc., Chicago distributors of General Electric refrigerators and other household appliances, booked more than $1,500,000 in sales in a national contest of the company from April 2 to June 2. Asa result of the volume breaking all previous records of the firm, fifty-five representatives of the company will receive a free trip to the Cleveland office. Quarterly Payment Cut By Times Special NEW YORK, June 20.—Payment of a 12 1 i-cent dividend on each share of the Westinghouse Air Brake Company’s common stock will be made July 31, to stock of record June 30. Previous payment of the company was 25 cents a share quarterly.

LOW FARES 1 fOR SUMMER vacation trips mm § W?';': I|| Sleeping cor in all '• Up principal train* to New York are fm-',. \ Ine^orkHi AND RETURN | I BOSTON AND RETURN $52 10 |washington,d.c.H I AND RETURN H Go any Tuesday or Satur- |f||i ill day. Return limit 30 days. ||||l Liberal stopovers. I niagaraTfalls mi AND RETURN |f§j| Going June 30. July 14 and 11118 < Aug. 4. Returnlimitlbdays. WsM Reduced steeping car fare* ffl|i HI Very low fares to Toronto, iljli Hill Montreal, the Adiron- fill ilpl daeks, New England and ||||i fgfff Atlantic Seaboard re- ||l| I||l| sorts; also to Colorado, Ifill California, Pacific North- fjia | ffpl| west, National Parks and |||| Canadian Rockies ... 1. Ireiisl Ask about all-expense tours figgS to New York and to the West l|||jl Wtam For complete information call sjljS li2 Monament Cirtle, t&jSglM 5 phone Riley 2442 ■ big four route! WM ilia $