Indianapolis Times, Volume 46, Number 52, Indianapolis, Marion County, 11 July 1934 — Page 13

JULY 11. 1934.

ALCOHOL PRICES BREAK: GENERAL TRADEJEADENS Most Issues Remain Around Initial Quotations; Rails Firm. BY ELMER C. WALZER Unit'd Prm Slaff Corrrvpondrnt NEW YORK. July 11—The stock market moved narrowly m afternoon dealings today—maintaining generally slight gams—with the chief interest centered in a break in alcohol shares. Announcement of unlimited imports of liquors in September resulted in selling of American Distillery stocks. American Commercial Alcohol and National Distillers both hit new lows for the year, the former off more than 2 points and the latter off almost 2 points, while Sehenley dropped a point. In the general list farm shares picked up in sympathy with the strong tone in grains. Wheat held at 5 cents gain with no offerings and few traders as result of the bullish government crop report yesterday. United States Steel drifted around 40"* for a fractional advance. American Telephone had a fractional decline at 116. Rails were firm with Atchisaon at 63'*, up 1 2, and New York Central holding fractionally above the previous close of 29. Motors were about steady. Money and Exchange INDIANAPOLIS BANK CLEARINGS —July 11— Clearing! $2 536.000 00 Debits 5,886.000.00 FOREIGN EXCHANGE •By Abbott. Hoppin St Cos.) —July 10Close. 6*erllna England $ 5.04' ■ Franc. France 0659% Lira. Italy 0857* B*gias, Belgium 2337 Mark. Germany 3838 Guilder. Holland 6781 Peseta. Spam ■ 1368 Krone. Norway 2537 Krone. Denmark 2225 Yen. Japan .2989 Treasury Statement (By United Press) WASHINGTON. July 11.—Government expenses and receipts lor the current fiscal vear to July 9. compared with the corresponding period of the previous fiscal year: This Year. Last Year. Expenses $186.059 352 82 $141,698.377 24 Receipts 90 375 968.48 49.304.275.18 Deficit 95.683 384 34 92.394.102.06 Cash bal. .. 2.597.302,234 68 Investment Trust Shares ißr Abbott. Hoppin & Cos.). —July 10— Bid. Ask. Am Bank Stocks Corp 1.10 1.15 Am tz Gen Sec A 4 00 5.50 Am Ac Inv. Tr Sh 1 75 Basic Industry Shares 320 British Tvpe Inv. Tr Sh 40 .46 Collateral Trustee Shares A.. 4.63 Corporate Trust Shares loldi 137 201 Corporate Trust Shares mew) 227 2.31 Cumulative Trust Shares ... 390 .... Diversified Trust Shares A ... 625 Diversified Trust Shares B ... 760 780 Diversified Trust Shares C... 3.01 306 Di v ersified Trust Shares D .. 4.63 4.73 First Insurance Stock Corp 76 .86 First Common Stock Corp .... .67 .71 Fixed Trust Oil Shares A .... 7.30 F.xed Trust Oil Shares B ... 6.75 Fundamental Investors. Inc 1 93 2 13 Incorporators Investments .17 35 17.60 Land Bank Bond Shares ... . 115 1.28 Mass. Inv. Trust Shares 18 68 20 30 Nation Wide Securities 3.79 3.35 North Am Trust Shares <53 184 North Am Trust Shares (55-56) 2.31 235 North Am Trust Shares (58) 228 2.32 Selected American Shares 248 . Selected American Shares. Inc. 1 16 1 25 Selected Cumulative Shares . 648 .__ Selected Income Shares 3.35 3. <5 Std Am Trust hares A 289 233 Trust Shares of America 274 2>o Trustee Std Oil A 542 5.47 tee Std Oil B . 500 alO U S Electric U fc Pwr A . 12 50 12 75 Universal Trust Shares 2.95 3.00 New York Bank Stocks ißv Abbott. Hoppin Ar Cos.) —July 10Bid. Ask. Bankers - 63 63*4 Brooklyn Trust 100 103 Central Hanover 128*4 129‘5 Chase National 28% 29 Chemical 4040% National City 28 28 a Corn Exchange 52 52*2 Continental 13 13 a Empire ,19 **% First National 1.640 1.650 Guaranty 360 362 Irving 16* 17 Manhattan tz Cos 30 30** Manufacturers 22 22% New York Trust 105 106 Public 34 34*4 Daily Price Index •Bv United Press) NEW YORK July 10.—Dun Ar Bradstreets daily weighted price index of thirty basic commodities compiled for the United Press: t 1930-1932 Average 1001 __ Yesterday - }}} 36 Week ago JJJBI Month ago JH Year ago tJulv ID !?5 22 1934 High (June 191 It3®f 1934 Low < Jan. 3) • 10105 Copyright. 1934. bv Dun * Bradstreet. Inc. CONSUMERS CO. UNITS SEEK REORGANIZATION Four Subsidiaries of 525.000.000 Firm File Petitions. Bp Times Special CHICAGO. July 11.—Petitions for reorganization of four subsidiaries of the Consumers Company. $25.000.000 coal, ice and materials concern. were filed this week. A petition already has been filed for reorganization of the firm itself. Subsidiary companies for which petitions were filed and their liabilities were North Shore Material Company. sl.-47.207; Evanston Coal and Ice Company. $1,239,385; Wisconsin Lime and Cement Company. $3,139,436. and the Central Lime and Cement Company. $3,185,776. Other reorganization petitions filed here this week included the Mayfield Building Company with liabilities of $55,000. and the Western Casket Company with debts agrregating SIOO,OOO. ESTIMATE COTTON CROP 28.024.000 Acres Believed Under Cultivation on July 1. Bp United Pr< m WASHINGTON. July 11.—The agriculture department today estimated cotton under cultivation on July 1 at 28.024.000 acres, compared to 40.852.000 acres on the corresponding date last year. The AAA seeks to limit the 1934 harvest to between 25.000.000 and 26 000.000 acres. 27 Dividend Changes Favorable. Bp Time Special CHICAGO. July 11.—Favorable changes in dividends numbered twenty-seven during the past week as compared to thirty-six the previous week as reported bv Standard Statistics Company. Unfavorable changes numbered eight against twelve. Recoverable Lead Stocks Up Bp 2 i met Special CHICAGO. July 11—United States stocks in recoverable lead on June 1 aggregated 305.117 short tons, as compared to 299 927 on May 1 and 283,635 on Jun* 1, 1933. according to the American Bureau of Metal Statistic*.

—New York Stocks —

■■ AVERAGE STOCK PRICES FOR TUESDAY Net High. Low. Close, change. Thirty industrials 98 63 97.02 98.07 ->-1.03 Twenty rails 44.43 43.65 44.18 -.58 Twenty utilities 24.13 23.56 23.<9 -.06 Forty bonds •••• 94 ~- 16 Ten first rails •••• Ten second rails •••• •••• 81.64 .25 Ten utilities •••• 98 76 ~- 15 Ten industrials •••• •••• 97.42 +.03

—July 11— _ Prev. Oil*— High. Low- 10:00. close. ATI Rfg 26 25’* 28 25% Barr.adall ■ 7 • Consol Oil ••• 10 w J 2 Cont of Del 20 19% Houston (new) f i Houston (old) ... fi Mid Cont Pet , }3 Ohio Oil }!** 11* Pet Corp ••• 10% 10*. Phillips Pet 17 T ANARUS 17"* P.vmouth Oil }2 Pure OU 10*4 10*'* Roval Dutch 35% Sbd Oil 31 s 2 Shell Un 8% 8 Soc Vac 16* 16 S O of Cal 34\ 34% SOof N I 44*5 44*2 Sun Oi! 62*a Texas Corp 24*' 24% Tidewater Assn. .. ... 12 12 Un Oil of Cal .... ... 16% 16 V* Steels— Am Roll Mills 19 1 o Beth Steel 34*5 34' Bvers A M 23% Cruc Steel 24 % Inland Steel 37 37 Ludlum Steel 14 McKeesport Tin. 88 Natl Steel •• ... ... 41% OUS S*eel s'a Rep Iron Ar Steel .. ... 17V* 17',a Rep Ir A: Stl pfd 48 U S Pipe St Fdv 24 U S Steel 40% 40*2 U S Steel pfd 85 Warren Bros .... ... 9*l Your.est’n SAt T .. ... 21*4 21',* Motors— Auburn . 25 24 *4 Chrvsler 42* 41% 42** 41*2 Gen Motors 32* 32* 32* 30* (in Motors pfd. 103*4 103 a Graham Mot .... ... 9* 9*4 Hupp 3 V* Mack Truck 26% Nash - 17 Packard 3* 3% Reo 3 Studebaker * 4* Yellow Truck 4% Motor Access— Bendix 15 Bohn Alum 57* 58 Borg Warner 22* Briggs 17* 17*2 Buda Wheel 3 2* Eaton Mfg 15, Elec Auto Lite 22* 22*,* Houdaille - A' 4Va Murray Body 6* Timken Roll 30*2 Timken Det Axel 6* Mining— Alaska Jun .... 2274 22* 2274 2214 Am Metals . ■ 23 Am Smelt 42 '2 42* 42*4 42* Anaconda 14* 14* 1474 1474 Cal & Hecla ... . • 4* Cerro De Pasco . 42*4 42 42*4 42 Dome Mines 44*4 4414 44* 44 Granby 9* 9% Gt Nor Ore 12 Homestake Min. .. Howe Sound 55* Int Nickel 26* 28*4 26V* 25 ‘a Kennecott Cop.. 22* 22 22 21* Mclntyre Mine . 50* 50 50 50*4 Noranda Cop 44* 44* Park Utah 4* Phelps Dodge 18 17* St Joe Lead ■ 21 U S Smelters 13014 130 Vanadium ••• ••• 21* Amusements— Fox Thea . 12* 13 Loews Inc 27*4 2714 27V* 27* Radio Corp 674 674 RKO 2 Warner Bros 4* 4% Tobaccos— Am Snuff • 60 Am Sum Tob ... 1914 19* Am Tob (A) 76* Am Tob (B) ‘8 Gen Cigars 41* Lig At Myers B 97*4 97* Lorillard .... 18* 18*4 18* 181* Reynolds Tob B .. ... 46* 46 Rails— Atchison 6374 6314 6314 63 Atl Coast Lines 39* B& O 23* 23*2 Can Pac 14 13* Ch & Ohio 47* 47* Chi At Gt W 2 * Chi At Gt W pfd 71* C M & St P 4*4 414 C M & St P pfd 7*4 7*2 Chi N W 874 8* Chi N W pfd ’ 171 Cela & Hud 5414 Del Lac Ac W 2314 Erie I#V Erie pfd 22 Grt Northern pf 22 2174 22 21* 111 Central 25 25*4 Lehigh Valiev la* M K Ac T pfd 22* U Y Cent 29* 29* N Y C Ac St L pf 31* N Y New Haven 15*4 N Y Ont Ac West 714 Norfolk Ac Wes 183 Nor Pac 24 2414 Penn R R 31* 3114 31* 31 Sou Pac 2514 2414 Sou R R . 24 23* 24 24 Sou R R pfd ... 30*4 Union Pac 121 120* 120* 121* West Maryland. .. ... 1214 12* Equipments— Allis Chalmers 15* Am Brake Shoe 27* Am Car Ac Fdy • 20* Am Loco 24 24 Am Loco pfd 53 Am Mach At Fdy }J S 4 Am Steel Fdy 17 17 Bald Loco 10* 10* Burroughs • • , *3* Case J I 53*4 52 >4 5314 52 Cater Tract 27 27* Deere At Cos ... 21V* 21 Elec Stor Bat 43* Foster Wheeler 15* Gen Am Tank C 37 * 37* Gen Elec *o* 201* Gen R R Sig 35 3514 Intrsol Rand .. •• ••• ™ Int Bus Mach ... ... • 138 Vs Int Harvester 33 33 Natl Cash Reg 17 17 Pullman Inc 49 49** Rem Rand 10* 10* Und Elliot 47*4 47* West Air B ... • 22 Westingh Elee. 38*4 37* Worthing'n Pmp 21 '2 Utilities— Am * For Pwr 8* Am Power A: Lit 7* 7 A T At T 116'* 116* Am Wat Wks }§* Col Gas At Elec 117a 12* Com At Sou ••• 2

Bright Spots

(Bv Abbott Hoopm * (Jo * Union Oil of California for six month) ending June 30. reports a net profit of $300,000 after charges, eoual to 7 cents a common share against $200,000. or o cents a share for the like period last vear. Continent Corporation net assets as of June SO. with securities at market vaiue or appraised valuations were equal to 55.304 for each Sl.OrtO of debentures. $125 a share on preferred stock and 52.70 on the common stock. American Telephone and Telegraph repor's a net operating income in Mav of $1.242 271 as compared "O $951 931 for the corresponding period of 1933. Chicago Jr Northwestern Railroad Company car loadings for the week ended Julv 7 totaled 21.183 cars against 24.668 cars for the previous week and 21.663 cars for the like week of 1933 FORD SALES VOLUME HIGHEST SINCE 1930 World Production of Company in June Totals 101.661 Units. Bp Times Special DEARBORN. Mich., July 11.— World sales of Ford passenger cars and commercial units in June totaled 101.661. the largest June sales volume since 1930. the Ford Motor Company announced. World sales in June. 1933, totaled 58,543. Total world sales for the first six months of 1934 were 489.915. which was 119 per cent increase over the 1933 total for the same period, which was 223.727. Ford's June production in its plants throughout the world was 98.445 as compared with 61,912 a year ago in June. World production total passed the half million mark in June, the total for the first six months of the year being 536.637 passenger cars and commercial units. This compares with 228.117 units in the sarr period last year. Rayon Shipments Advance Bp l imes Special NEW YORK. July 11.—Rayon shipments of yam showed a sharp gam in June, as compared with May The index figure covering June shipments was 299, as compared with 273 for May and 289 for April. The average for the six months ended June was 336, against a monthly average of 385 for the lull year of 1933.

Consol Gas 34* Elec Pwr Ac Lit. 6 6 Int Hvdro Elec 6 Int T Ac T 13 Lou GAcEA 1614 Nat Pwr At Lit. 10 10 North Amer 17 s * 17*4 Pac OAcE 17* 17* Peoples Gas 31V* Postal Tel pfd 20 s * Pub Serv NJ 36% So Cal Edison 16* Std Gas 10* 101* Std Gas pfd 11* Stone Ac Webster 7* United Corp . 5* 5* Un Gas Imp .. ... 16* 16* Ut Pwr Ac Lit A 2* Western Union 46*4 46* 4614 46* Rubbers— Firestone 17* Goodrich • 12 a Goodyear ... 2674 26* Kelly Spring .. . • „ 2* U S Rubber . 18% 18'/* 1874 18 * U S Rubber pfd 431* Miscellaneous — Am Bank Note 21* 21 Am Can 99* 99* Anchor Cap 20* 20* Conti Can 80* Curtis Pub pfd , 82* Eastman Kodak 93* 98 Gillette HY* 11* Glidden Inter Rapid Tr 8* Owens Bottle 76

COMMODITY PRICES DROP DURING WEEK Wholesale Index • Registers Three Point Decline. Bp Times Special WASHINGTON, D. C., July 11.— Wholesale commodity prices declined last week according to the index of the National Fertilizer Association. When computed, this index declined three points, receding from 71.9 to 71.6. During each of the two preceding weeks the index declined one point and three weeks ago it advanced one point. A month ago the index stood at 71.9 and a year ago at 65.4. During last week, six of the fourteen groups in the index were affected by price movements. Five of the groups declined, one advanced, and eight were unchanged. The declining groups were foods, grains, feeds and livestock, textiles, fats and oils, and miscellaneous commodities. Fertilizer materials advanced. Among the individual commodities twenty advanced and twenty-eight declined during the latest week. For the preceing week there were thir-ty-five gains and twenty-seven losses. Two weeks ago there were thirty-two advances and thirty-two declines. Last week cotton declined about one-fifth of a cent a pound. Wheat declined about 2 cents a bushel. Hog prices were lower, while cattle prices advanced slightly. Other farm products that advanced were lard, No. 3. yellow corn, and lambs. Declining prices were noted for foodstuffs, potatoes and apples. Other important commodities that declined during the latest week were woolen yarns, butter, eggs, refined sugar, flour, lead, coffee and leather. Advancing prices were recorded for cotton yarns, cottonseed oil, tin, silver, cottonseed meal and rubber. Produce Markets Delivered in inaianapolis prices: Heavy r.ens, 10c Leghorn hens. 7c 1934 broilers. 2 lbs. and over. 16c: Leghorn broilers 1* to 2 lbs. and over. 14c bareback bioilers He: old roosters. 4c: ducks and geese. 3c: voung guineas. 1',4 to 3 lbs.. 20c: old guineas. 15c: No 1 strictly fresh country run eggs. loss oB 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. 27®28e: No. 2 25026 c. Butterfat. 22c: Quoted bv Wadley Company (Bv United Press) CHICAGO. Julv 11.—Eggs—Market firm; receipts. 8.641; extra firsts. 15%c; fresh graded firsts, 15c; current receipts, 12* 2® 13%c; dirties No. 1,12 c; No. 2. 10%c; checks No. 1. ll%c: No. 2. 10%c. ButterMarket firm: receipts. 13.203; extra firsts i9O-91 1 i score), 22% 0 23c: extras (92 score). 23%c: firsts 'BB-89 1 4 scores). 21%@ 21%c: seconds )86-87 1 2 score). 20®20%c; specials. 2424'4c: standards. 23%c. Poultry—Market, firm: receipts. 36 trucks. 1 car: Leghorn hens. B%c: frvers. 13*.*/ 22' 2 c; colored broilers. 18c: spring geese, lie: turkevs. 14c: old roosters. 9c; Leghorn broilers, unchanged. 1* lbs.. 13c: old ducks, small. 8c: heavy spring. 14c: springers, colored. 21c: Rock. 23%c; hens. 13c: black chicks. 115 c: cocks. 9c. Cheese Twin. ll*®l2%c: Longghnrns. 12*®12%c: daisies. 12'4® 12%c. Potatoes —Supply liberal: demand and trading rather slow: market steady; cobolers. North Carolina showing decay. $1.25(51.35: Virginia. fine aualitv. 51.45: showing decay, $1.20(31.35. Triumphs—ldaho. $1.90:: barrel cobblers. Virginia. $2.40; showing decay. $2 25(3 2.30: North Carolina, showing decay. $2.30. Arrivals. 152: on track. 348: shipments. 817. NEW YORK, Julv 11.—Potatoes—Irregular Long Island. $2(3 2 25; southern. 85c® $lB5 barrel: Maine. $lO 1.15 barrel. Sweet potatoes—Firm' Jersey basket. $1.25(3 2.35; southern basket. 80c® S3. Flour —Steady; springs: patents. $6.65(3 6.90 barrel. Pork —Steady; mess. $19.12* barrel. LardFirm: middle west spot. $4.70(3 480 a 180 lbs. Dressed poultry—Steady: turkeys. 12 (</27c: chickens. 80 27c; broilers. 17(327c; capons. 25'./35c; fowls. 10(318c: ducks. 13® 14c; Long Island ducks. 13(315c. Live poultry- Steady; geese. 7c; turkeys. 11 <3 17c: roosters. 9c: ducks. 8(311c: fowls, 12 '5 15c; broilers. 14<325c. Cheese —Steady; state whole milk, fancy to specials. 18(5 19c; Young America. 13*(514c. ButterReceipts. 13.724 packages: market, firmer; creamery higher than extras. 24'4(3 25c; extra (92 score), 24c: first (90-91 score), 23%®23%c first (88-89 score), 22%(323c; seconds. 22<322*c; centralized (90 score), 23*c: centralized 'BB-89 score) 22%®23c; centralized (84-87 score). 22(522*c. Eggs— Receipts. 24.982 cases: market, firm; special packs, including unusual hennery selections. 18®21%c: standards. 17(517*c; firsts, 15%(5 16c: seconds. 14%(315c; mediums. 14%(314%c; dirties. 14%®15c; checks. 13*(5 14c. CLEVELAND July 11—Butter—Market, firm extras 27%c: standards. 27%c. Eggs —Market, firm: extra whites, 14*c: current receipts. 13c. Poultry—Market, steady: colored fowls. 4* lbs and up. 16c; old roosters. 10c: ducks, white. 5 lbs. and up. 15c Potatoes—Virginia. $2.25(5 2.25 a bushel. APPOINT NEW OFFICER J. C. Mills Named Assistant Cashier of Live Stock Exchange Bank. Officials of the Indianapolis Union Stock Yards this week announced the appointment of J. C. Mills as assistant cashier of the Live Stock Exchange bank. Mr. Mills has been connected with the* bank, a member of the Indianapolis Clearing House, for the last fourteen years, and for the past four years has served in the capacity of paying teller. PHONE STATIONS DROP A. T. & T. Company Suffers First Loss Since August, 1933. Bp Times Special CHICAGO. July 11.—A net loss of 11.950 stations in June, as compared with 95.000 stations for the corresponding month of last vear. is reported by the American Telephone and Telegraph Company. Bell system announced a gain in May of 44.000 stations against 48.000 in April of this year. An increase of 108.000 stations was recorded for the first Quarter of this year. The loss was tv, 2 first since August, 1933.

.THE INDIANAPOLIS TIMES

I Foods— I Am Sugar 67 Armour A 5* 5* Beatrice Cream 16* Borden Prod 27V* 27* Cal Packing .... ... ... 33* Can Dry G Ale. .. 21 Coca Cola 13574 135*4 Corn Prod 68 Crm of Wheat 33* Cuban Am Sugar ... 8* Gen Foods 31 30* Gold Dust 19* G W Sugar 35 34* Loose Wiles 43 42 s * Natl Biscuit ... 35* 35V* 35*4 35* Natl D Prod ... 18* 18*4 18* 18* Purity Bak ... 13* S Porto Rico S .. ... ... 36* Spencer Kellog 20 s * Std Brands 21* . Un Biscuit 25*4 25*4 United Fruit. 697* Wrigley 66 Retail Stores— Asso Dry Goods 12* 117* Best & Cos 32% 33 First Natl Stores 657* Gimbel Bros 4 Gr Un Tea ... ... 5% Hahn Dept Sts 5* Kresge S S 19*4 19* Kroger Groc 31 *4 31* Macy R H 42* 41% Marshal! Fields. .. ... ... 15* May Dept St . . 37* Mont Ward 2914 2874 2 9 28% Natl Tea 11% Penney J C 60* 60* Safeway St 51V* 5074 51* 51* Sears Roebuck... . 44* 44* Woolworth 50*4 5074 50% 50* Aviation— Aviation Corp ... 574 Curtiss Wright .. ... 33 Curtiss Wr (A) 9* 9* 9* 9*4 Douglas Air 20*4 Nor Am Av 4* 4* Speery Corp .. 8* United Aircraft 19 1874 1 9 18% Wright Aero 52% Chemicals— Air Reduction 100* 10074 Allied Chem 135 Am Com Alcohol 34 Col Carbon 74 7374 Com Solvents... .. 22% 22* Dupont 9274 92*/g 92% 91% Freeport Tex 3274 33*4 Liauid Carb 27% Math Alkali 3374 Mofitosonta Ch . 5274 Natl Dis (new). 23* 23% 23* 23 Schenlev Dis 277* 27 Tex Gulf SulDh . . 3374 33 74 Union Carbide .. 44 * 4474 44 % 44 U S Ind Alco 42 42 Drugs— Cotv Inc 674 674 Lambert 26% 26* Lehn & Fink 19% Un Drug 15% 15% Zonite Prod 5* 574 Financial— Adams Exp 8* B*4 Allegheny Corp 2 5 4 Am Int Corp ... 8% 774 8% 7* Chesa Corp ... ... 45 Lehman Corp 71 Transamerica 67' 2 6% Tr Conti Corp 474 474 Building— Am Radiator ... .. ... 14% 1474 Gen Asphalt 18% Int Cement 25*4 Johns Manville 35 54% Libby Owins Gls 31* 31% Otis Elev 15* Ulen Const 2 Household— Col Pal Peet .... 16% 16% 16% 16*4 Congoleum 28 27* Kelvinator 16% Mohawk Carpet 17 Proc & Gamble 3674 Simmons Bed 1574 Textiles— Amer Woolen ... 1074 10* 1074 10% Belding Hem 12* Celanese Corp 277'* Collins Aikman .. ... 1574 15 7 4 Gotham Hose 7* Indus Ravon 24* Kayser Julius 1574 New York Curb (By Abbott. Hoppin & Cos.) —July 10— Vlose | Close. Allied Mills ... 874 Hiram Walker.. 34 Am Cyanide B 19%'Hud Bay Min.. 1374 Am & F Pr Wa s>/4lHumble Oil ... 42*4 Am Gas <& El 27%!1mp Oil Ltd ... 14* Am Superpower 2 741 Int Petrol 2774 Asso Gas &El %ILake Shore Min 5474 Atlas Corp .. . 10%'Liby McN Libby 5% Brazil Tra fz Lt B%lLone Star Gas • 5* Can Ind Ale A. B' 2 l Natl Bellas Hess 3*4 Can Marc .... 274 Newmont Min.. 51% Carrier Corp .. 7 s * Nia Hud Pwr... 5* Cities Serv ... 2'4 Novadel Aeene 19% Common Ed.... 5674 Pan Am Airway 40 Con Gas of Bal 68 Park Davis 24* Cord Corp .... 3% Penn Road .... 274 Creole Petrol . 1274 St Regis Paper.. 3 Deere <& Cos .21 Sal Crk Prod .. 674 Distillers Lim 23 Sherwin Wms.. 72% Distillers Corp. 14% Std of Ind 27% Dow Chem . .. 71*4IStd of Kv 16% El Bond &■ Sh 15%'Technicolor Ind 12% Fisk Rubber • . 9%!Teck Hugh Gold 7 Ford of Europe 7%!Un Gas 3 Gen Aviation . 5 lUn Pwr & Lit A 2% Glen Aid Coal. 22 |Wr Harg Min.. 9* Gulf Oil of Pa. 64*41

Chicago Stocks ■""■ 1 " (Bv Abbott Hoppin St Co.i

—July 11— High. Low. 11:00. Bendix Aviation 15*/4 Borg Warner 22% 22* 22% Butler Bros 9% 9% 9% Berghoff 6 Chicago Corp com .... 2*4 2*4 2*4 Chicago Corp pfd 27% 27*4 27*4 Cities Service 2% 2 2 Commonwealth Edison 56* 56% 56% Cord Corp ... 3* Electric Household ... 15% Great Lakes Dredge 18 Gen HseHold Util 11% 11*4 11*4 Iron Fireman .. 15 Libby McNeil 5*4 5*4 5*4 Middle West Utilities Vs Noblitt Sparks Ind Inc. 13*4 13 13 Prima Cos ... 4% Swift & Cos 18 17% 18 Utah Radio 1% 1 1% Swift Internacional ... 32% 32* 32* Vortex Cup Cos 15 14* 15 Walgreen Cos com 27%

Bond Prices

"■ By Fenner & Beane' —July 11High. Low. 10:00 Alleg Corp 5s *SO 35* 35% 35* Arn&For Pwr 5s 2030 ■ 51% AT&T db 5s ’65 11% 110% 111% Atchison Gen 4s ’95....104% 104% 104% B&O cv 4%s ’6O 66% 65*4 65* Beth Steel 5s A ’37 103* Brazil 6%s (26) ’57 ... 25*4 ChMSnP&P S ad 5 5s a'2,000 12* ‘i2% 12* ChMStP&P rs 5S A ’75 38* 38% 38% Cons Gas NY 4%s ’sl 105 Denmark 5%s ’55 ... 90**2 Det Ed 5s E ’52 107% Erie RR rs 5s ’67 75 74% 75 Goodyear 5s ’57 102* 102 % 102% Gt Nor 7s A ’36 96 95* 96 Interboro RT 5s ’66 ... 73% 72% 73% Interboro RT 5s ’66.. 73% 72% 73**2 Int T&T db 5s '55.. 64* 64% 64% McKess&Robb 5* is ’SO 82% Nat Dairy db 5%s ’4B 99 98* 98* NY Cent 4%s O 2013 . 75*4 75 75 Nor Am 5s ’6l 90 89*4 90 PacGas&El 5s A ’42 107% Penn RR 4%s D 'Bl ... 97% Poland 7s ’47 ... 113*4 Shell Un Oil 5s ’47 100 Sin Cons 6%s B ’3B .105 104% 104% Texas Corp 5s ’44 103* Un Pac Ist 4s ’47 .... .. 107 ,, US Rubber 5s A ’47 .. 85* 85% 85% Ygstwn S&T 5s B ’7O 84 U. S. GOVERNMENT BONDS (By United Press) NEW YORK. July 10.—Closing Liberties. (Decimals Represent 32nd.) Liberty 3%s (32-47) 104.1 First 4%s (32-47) 103.18 Fourth 4'4s (33-38) 103.26 4 Vis, 3%s (45) 104.14 Treasury 4%5, 3%S (45) 104.14 4*is (47-52) 113.31 3%s (43-47) 105. 3%s 143) 105.16 3%s (46-49) 103.8 3s (51-55) 102.6 FEDERAL FARM LOAN BONDS (By Blyth & Cos., Inc.) —July 11— 4s Nov. 1. 1957—37 100*' 100% 4s Mav 1. 1958—38 100*4 100% 4*s July 1. 1956—36 100* 100% 4*4s Jan. 1. 1957—37 100* 101% 4><s Mav 1. 1957—37. 100* 101% 4*s Nov. 1. 1958—38 101*2 102* 4%s Mav 1. 1942—32 100*2 100% 4%s Jan. 1, 1943—33 100*2 100% 4*is Jan. 1. 1953—33 100% 100% 4%s Julv 1. 1953—33 100 s , 100% 4%s Jan. 1. 1955—35 100% 101 4%s Jan. 1. 1956—36 101* 2 102* 5s Mav 1, 1941—31 100% 101 s , 5s Nov. 1, 1941—31 100% 101 s b Home Loan 4s July 1. 1951 101.05 101.11 Federal Farm Mortgage Corporation 3*s March 15. 1964—44 ... 102.08 102.12 The latter two quotations are in thirtyseconds. Living Costs Advance Bp Times Special CHICAGO, July 11.—A raise of 3 per cent in the wage earners cost of living for the month of June was reported by the national industrial conference board. All items in the wage earners budget increased with the exception of clothes. June Drug Sales Higher Bp Times Special CHICAGO, July 11—June drug of the Peoples Drug Stores, Inc., showed a gain of 8 per cent over the sales for the same month of last year. Sales for June totaled $1,343,018 against $1,243,098 for the corresponding period of 1933.

SWINE PRICES DROP 10 CENTS A'i CITY PENS Sheep Continue Downward; Lower Bids Weaken Cattle Market. Trading of hogs at the Indianapolis union stock yards was mostly steady to 10 cents lower today, with pigs showing sharper losses. Receipts totaled 6,000. There were 279 holdovers. Bulk price of heavier weights held around steady with yesterday's average, these kinds bringing prices between $4.75 and $4.90 with a few of the best ranging upward to $4.95. Medium weights ranged between $4.40 and $4.65, while lighter weights brought prices of $3.30 to $3.85. Lightest lights went to bidders offering $3 to $3.10, and a few packing sows were disbursed at prices ranging between $3.50 and $4.25. The cattle market was very weak with no early trade of importance, due to offering of sharply lower bids by buyers. Steer quality was mostly of common and medium types with most heifers of quality to sell under $6.50. Later clearance showed indications of sharply lower levels. Receipts of cattle number 1,000. The vealer market continued to hold steady with the last few days, prices ranging from $5 down for the 800 receipts. Further reductions took place in the sheep market which had receipts of 900, sales being mostly 25 to 50 cents lower than yesterday. Most lambs sold at prices ranging from $7.50 down but a few small lots held to $7.75. Slaughter ewes continued to hold at $1.50 to $2.50. The hog market at Chicago was weak with no early bids on receipts which totaled 23,000, including 7,000 direct. Holdovers numbered 4,000. Buyers talked of fully 10-cent lower prices than in the previous session. Cattle receipts totaled 17,000, including 6,000 government cattle, and calves receipts 5,000, including 3,000 government calves. The market was steady. The sheep market also held steady with receipts listed at 7,000. July Bulk. Top. Receipts. 5. 4.70(5) 4.85 5.00 6.500 6. 4.55™ 4.70 4.90 7,500 7. 4.70@> 4.85 5.00 2,000 9. 4.80® 4.90 4.95 8.000 10. 4.75® 4 90 5.00 6.000 11. 4.75® 4,90 4.95 6.000 Market Lower (140-160) Good and choice . ..$ 3.60® 3.85 —Light Weights—-(l6o-180) Good and choice ... 4.40® 4.50 (180-200) Good and choice ... 4.60@ 4.65 —Medium Weights—-(2oo-220) Good and choice ... 4.75® 4.80 (220-250) Good and choice ... 4.80® 4.95 —Heavy Weights—-(2so-290) Good and choice ... 4.90® 4.95 (290-350) Good and choice ... 4.80® 4.90 —Packing Sows—(2so down) Good 3.85@ 4.35 (250 lbs.) Good 3.75® 4.00 (All weights) Medium 3.50® 3.85 —Slaughter Pigs—-(loo-130) Good and choice ... 2.00® 3.10 CATTLE Receipts, 1,000; Market, Weak. Good and choice $ 6.50® 9.00 Common and medium 3.25® 7.00 (1,100-1,500) Good and choice 7.00® 9.50 Common and medium 5.50® 7.75 (675-750) Good and choice 5.50® 7.00 Common and medium 3.00® 5.50 (750-900) Good and choice 5.50® 7.25 Common and medium 3.00® 5.50 —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, Steady. Good and choice $ 4.50@ 5.00 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 CattleGood and choice 4.00® 5.50 Common and medium 2.75® 4.00 (800-1.500) Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, 900; Market, Lower. Lambs. 90 lbs. down, good and choice $ 7.25® 7.75 (90-110 lbs.) Good and choice 7.00® 7.50 (90 lbs. down) Com. and med. 5.00® 7.00 —Ewes— Good and choice 2.00® 3,00 Common and medium I.oo® 2.00 Other Livestock (By United Press) CHICAGO. July 11.—Hogs—Receipts 23,000 including 7.000 directs; slow, 10c to 15c lower than Tuesday; 220-320 lbs., $4.70 ®4.80; top, $4.80; 170-210 lbs.. [email protected]; light lights, $3.50(®4; pigs, $2.50® 3; packing sows. $3.75®4.10: light lights, lbs., good and choice, $3.25®4.10; light weights, 160-200 lbs., good and choice, $3.90® 4.70; medium weights, 200-250 lbs., good and choice. $4.50®4.80; heavy weights 250-350 lbs., good and choice, [email protected]: packing sows, 275-550 lbs., medium and choice, $3.50®4.20; slaughter pigs, 100-130 lbs., good and choice, $2.50®3.25. Cattle— Receipts, 17,000; calves, 5.000; general trade dull; steers and light yearlings weak to 25c low’er but not enough done to make a market; all bids suggesting decline; largely fat steer run; early top strictly choice 1.362 lb., steers, $lO.lO, some held higher: few scattered sales. $6®8.50; bids looking unevenly 25c to 50c and more under late last week; better grade light heifers and mixed yearlings selling at $6 up, about steady; best heifers, $7.30; bulls and vealers tending lower; slaughter cattle and yearlings: steers 550-900 lbs., good and choice, $5.75®8.25; 900-1,100 lbs., good and choice. s6® 9.25: I,loo® 1.300 lbs., good and choice. s7® 10.25: 550-1,300 lbs., common and medium. $2.75®7.25; heifers, 550-750 lbs., good and choice, $5.250 7.50; common and medium, $2.25® 5 25; cow s good. $3.50 ®5: common and medium, $2.2503.50; low cutter and cutter, $1.25(5,2.25; bulls (yearlings excluded) good beef. $3.25®4; cutter common and medium, $2.25<®3.50; yearlings good and choice, $.4 500 6; medium. $3.500 4.50; cull and common, $2.50 0 3.50: stocker and feeder cattle: steers, 550-1,050 lbs., good and choice. $4.25® 5.50; common and medium, $2.5004.25. Sheep—Receipts. 7,000; lambs slow; weak to mostly 25c lower; most natives bid $8 downward; few sold, $8.25; best held higher; rangers and yearlings as yet unsold; sheep strong to higher; compared Tuesday’s late advance; handiewtight ewes $2.50 best quotable higher; slaughter sheep and lambs: lambs 90 lbs., down, good and choice. $7.400 8 35; common and medium. $5.750 7.50; ewes, 90-150 lbs., good and choice. $1.750 2.75; all weights, common and medium. $1.2502.25. LAFAYETTE. July 11.—Hogs Market steady on butchers, lights and pigs 5c to 15c lower; 250-300 lbs., $4.80: 300-325 lbs., $4.70; 225-250 lbs.. $4.75; 210-225 lbs.. $4.70; 200-210 lbs., $4.60: 190-200 lbs.. $4.50: 180190 lbs.. $4.40; 170-180 lbs., $4.30: 160-170 lbs.. $4.20; 150-160 lbs.. 53.60: 140-150 lbs., S3 35. 130-140 lbs.. $3.10: 100-130 lbs.. s2® 2.75; roughs. $4 down; top calves. $4: yearling lambs. $7; spring lambs, $707.50. FT. WAYNE. Julv 11—Hogs—Steady to 10c lower: 250-300 lbs.. 4.80: 200-250 lbs., $4.65: 180-200 lbs.. $4.50: 160-180 lbs.. $4 35; 30-350 lbs. $4.75: 150-160 lbs.. $3.50; 140150 lbs.. 53.25: 130-140 lbs.. $3; 120-130 lbs., 52.50: 100-120 lbs., $2.25; roughs. $3.50; stags. $1.75. (Bv Times Special) LOUISVILLE. July 11.—Cattle—Receipts. 300. including 142 billed direct; salable supply slaughter cattle light; quality plain; market, slow, about steady; common to medium, steers and heifers, salable $3.7505: few grassy cutter grades. $2.5003 50; good dryfed yearlings, quotable to $6 and above; bulk plainer grade grassv beef cows. *2.50®3: good kinds and smooth heifer types to $3.50 and above: low cutters and cutters, $102.25: sausage bulls salable S3 down: most light Hereford stockers. S4O 4.50; common and inferior native and southern offerings, $2.250 3.50. Calves—Receipts. 400; steady; bulk better vealers, S4O 4.50: few strictly choice handyweights. $5; medium and lower grades. $3.50 down. Hogs—Receipts. 1.000. including 59 billed direct; market 10c lower; top and bulk on desirable 185-275 lb. weights, $4 90: 275 lbs up. $4 20 160-185 lbs.. $3 90; 145-160 lbs., $3 55: 120-145 lbs.. 52.15: sows. $2.65; grassv and unfinished hogs discounted; buyers talking change of sort effective Thursday July 12. Sheep—Receipts, 3.500; run late in arriving: quality less desirable than on previous days this week; market not established: most early bids 50c lower on better lambs with some sellers offering these at 25c lower; generally asking $7.25 0 7.50 for better truck lambs and up to *7.75 or better for strictly choice as well as desirable overnight lambs; throwouts salable $5 down; fat ewes mostly $102; stock ewes salable *5.5007.50 a bead.

U. S. Has $6,670,675,405 for Depression Relief, Treasury Heads Say

Total Is Equivalent to $53 for Each Person in Nation. BY RICHARD L. GRIDLEY United Press Financial Correspondent WASHINGTON, July 11.—The United States government has $6,670,675,405, or $53 for every man, woman and child in the country, available to fight the depression and provide relief over the next twelve months, the treasury reported today. This huge sum is exclusive of the normal $3,250,000,000 cost of running the government and is the “emergency” or “relief” money voted by the last two congresses left over after the record-breaking peacetime expenditures in the fiscal year ended last week. Treasury officials made public for the first time today their compilation of the total “recovery” and “relief” appropriations made by congress since the depression. They were at wide variance with congressional estimates. Including the last year of the Hoover administration, the treasury reported “recovery” and “relief” appropriations since the start of the depression at $13,115,535,221, of which $6,444,859,816 has been loaned or spent to date. Treasury Lists Funds This leaves $6,670,675,405 of “recovery” funds unexpended, which, added to the $3,250,000,000 normal cost of running the federal government this fiscal year, would carry total government costs this fiscal year to a peacetime record of $9.930,675,405 In the fiscal year ended June 30, last,’total expenses reached a peacetime record of $7,100,000,000. Included in the available “recovery” funds not yet spent, the treasury listed: Reconstruction Finance Corp. (loans to business, etc.).. 51.902,778,711 Various public works 718,778,911 Loans and grants to states and municipalities 480,243.965 Unalloted yet by President... 424,013.095 Public highways 416,251.563 Emergency conservation (CCC) 370,887,461 Unalloted public works 406,120,381 Emergency relief 373,296.613 Agriculture adjustment, less processing taxes 275,150,486 Administration officials doubted today whether this huge sum could be poured out over the next twelve months. Government Has “Free Cash’’ It was pointed out that in the last fiscal year only $4,004,135,551 was spent for recovery. At no time did expenditures reach the billion-dol-lar-a-month rate, a peal- which would have to be exceeded to insure expenditure of nearly $10,000,000,000 for the current fiscal year. Against the possible outside expenditure of $10,000,000,000 for the current fiscal year, the government now has “free cash” of about $1,800,000,000, or enough to carry it well through the summer. It is expected the government’s income this fiscal year from taxes and other sources will reach $3,250,000,000, making a total of $5,050,000,000 available for expenditures. The balance of nearly $5,000,000,000 would be obtained by borrowing. Marriage Licenses Ernest Williams. 21, of 2028 Alvord street, baker, and Alice Satterfield, 18. of 1819 North Arsenal street, housekeeper. William Newton, 42, of 1328 Yandes street, no occupation, and Lucy Gooch. 50. of 1820 Yandes street, maid. Eugene Burns. 43, of 946 Maple street, porter, and Geneva Gilbert, 41. of 946 Maple street maid. Edwin Seelye, 27. of 6 Windsor street, physician, arid Joyce McGavran, 27. of 372 South Audubon road, student. Robert Broadstreet, 23, of R. R. 15. Box 973, laborer, and Leona Weber. 24. of R. R. 12. Box 147. housekeeper. Gail Conaughton. 31. of 2327 Talbot avenue, salesman, and Ida Wilson. 33. of 801 East Sixty-third street, beautician. Walter Johnson. 24. Kokomo, electrician, and Hazel Hestand. 21. of 1142 South Illinois street, stenographer. Clarence Schneider. 29, of 4143 Carrollton avenue, salesman, and Margaret Stoiber. 23. of 1244 Hartford street, stenographer. * Michael Brooks. 38, of R. R. 3, Box 348. farmer, and Edith Halt, 29. of 806 East New York street, housekeeper. Walter Steel, 25. of 2216 Yandes street, houseman, and Mary Harlan. 21. of 1122 East Twenty-second street, maid. Births Girls John and Gladys Brown. 818 Arbor. Hugh ai)d Rena Smock. 520 Leon. Eugene and Evelyn Baker, 2915 Rader. Benjamin and Emma Rader, St. Vincent’s hospital. Myron and Olive Gordon. St. Vincent’s hospital. Joe and Oneida Helt, St. Vincent’s hospital. Alfred and Lois Mueller. St. Vincent’s hospital. John and Esther Yates. St. Vincent’s hospital. Joseph and Mary Windisch. St. Vincent's hospital. Robert and Mary Gould. St. Vincent’s hospital. Samuel and Lola Jackson. St. Vincent's hospital. Herbert and Marguerite Lee, St. Vincent’s hospital. Charles and Helen Hill, St. Vincent's hospital. George and Viola Miller. 514 West Seventeenth. John and Helen Fagan. 1026 Hiatt. Joseph and Ruby Jackson, 238 South Gray. Martin and Mildred McKinney. 546 North Alton. Gilbert and Edna Tuggle. 1520 Sheldon. John and Florence Ditchley. 827 South Senate. Roy and Opal Hutton, 1637 East Southern. Lewis and Katherine Harris, 744 West Twelfth. lio and Hazel Barnes. 250 South State. Melbourne and Kathleen Dodd. 4924 Caroline. Boys James and Alta Davis. 50 North Elder. Carlton and Lois Daniel. St. Vincent's hospital. Frederick and Rose Vester. St. Vincent’s hospital. Osborne and Eleanor Dickson. St. Vincent's hospital. Thomas and Genevieve Cusack. St. Vincent’s hospital. Graham and Eleanor Metcalfe. St. Vincent’s hospital. Gordon and Dorothy Thompson. St. Vincent’s hospital. James and Rosalie Sweeney. St. Vincent’s hospital. Thomas and Erma Graves. St. Vincent’s hospital. Henry and Mary Aders. 1817 Astor. Clvrie and Marie Walker. 1218 Deloss. George and Anna Rush. 2032 West Morris. Ludwig and Patronilla Hirz. 349 East Orange. Walter and Catherine Sedden. 2332 North Arsenal. Morris and Unis King. 542 North Traub. Charles and Ida Soots. 815 Udell. Everett and May Lynn. 3502 East Thirtieth. Rufus and Ruby Edmonds. 7043 East Market. Creed and Agnes Crawford, 107 Bloomington. Floyd and Gladys Nelson. 1331 South Blaine. Deaths Harlow H. Peek. 40. Central Indiana hospital, pulmonarv tuberculosis. Howard Long. 60, of 3219 McPherson, chronic mvocvrditis. W Judson Cochran 48. of 1825 Ruckle, cardio vascular renal disease. Belle Fink, 74, of 5523 College, cerebral hemorrhage. Mary Alice Hall. 23. city hospital, pulmonary tuberculosis. John Riley Bush. 1, of 415 West Empire, ileocolitis. Shepard Moore. 71, of 1940 Hovey, arterio sclerosis. Anna Jensen. 58. of 1216 East Fiftyninth. hypostatic pneumonia. Oliver David Wolfla. 11. of 1041 Chadwick. hypostatic pneumonia. Charles Pedigo, 49, of 761 Lexington, carcinoma Harry W. Agle, 50. city hospital, acute myocarditis. Emma Louise Herr, 84. of 1410 East Tabor, broncho pneumonia. George C. Douglass. 69, of 1465 Shephard, cardio vascular i'ertal disease, i

ANNUAL CROP REPORT MADE 483.663,000-Bushel Wheat Harvest Is Estimate of Government. By United Press WASHINGTON, July 11.—Wheat farmers of the nation their hope blighted by unprecedented drought, will harvest only 483.663,000 bushels this year, the department of agriculture predicted today. Last year's crop totalled 527,413.000 bushels and was the smallest since 1894. The 1934 corn crop will approximate 2,113.137.000 bushels compared to 2.330.237.000 bushels last year and an average production. 1927-31, of 2.516,000.000 bushels, the department reported. An oats harvest of 567,839.000 bushels was indicated by the July 1 condition of the crop. It would be the smallest since 1893 and compares with a 1933 production of 722.485.000 bushels and an average crop, 1922-31, of 1,228,657,000 bushels. Approximately 7,900,000 tons of sugar beets will be harvested this year compared to 11,085.000 tons in 1933 and an average production, 1927-31, of 7,850,000 tons, the report showed. It predicted a tobacco crop of 1.040.000,000 pounds compared to 1,396,174.000 pounds last year and an average crop of 1,471,000.000 pounds.

INTERNAL REVENUE COLLECTION GAIN $19,736,776 Increase Is Shown for 19*34. Bp Times Special WASHINGTON, July 11.—Indiana internal revenue collections for the fiscal year ending June 10, 1932, increased $19,736,776.01 over the 1933 total of $13,919,575.05, according to figures today from Commissioner Guy T. Helvering. The 1934 total was $32,656,351.06. Os this sum, $5,729,584.89 was the new agricurtural adjustment taxes which were not levied in 1933. Other items in the 1934 total were: Corporation taxes, $4,473,781.32; individual, $4,448,776.85 (making the total income taxes $8,922,558.17), and miscellaneous internal revenue of $19,004,208. On Commission Row —July 11— Apples—Fancy Delicious. $2.50; Transparents, $2.50. Blackberries—24-qt. crate. $2.50. Cherries—Home grown. 16-qt. crate. $1.50 Oranges—California, Sunklst. $5.25® $5.50: Valencies, $5.5006. Lemons—Sunkist, $6.2506.75. Grapefruit—Florida seedless. $4.5004.75. Raspberries—Southern Indiana black. 24-pt. crate. $1 50; red. $2®2.50. Cantaloupes—California jumbos. 455, $404.50; standards. $3.5004.25: Honevballs. $4.50. Pears—Calavos, $3.50 per box. Watermelons—Florida Watsons. 30-lb. average.-, 75c. Bananas—Per pound. 5%c. —Vegetables— Sweet Corn—Alabama. 5-dozen crate. $1.50. Cabbage—Home grown, bushel. 50®60c. Celery—Michigan, flat boxes. $1.25: medium, aoz., 60c. Onions—Texas yellow. 50-lb. bag. $1.75. Potatoes —Rural New York, 100-lb. bag. $1.65; Colorado McClures. $1.50; Idaho Russets. 100-lb. bag. $2.25; new Texas Triumphs. $2. Sweet Potatoes—New Alabama, bushel. $2.75. Beans—Round stringless. $1.25. Beets—New. 25 0 30c a dozen. Carrots—Home grown, bushel. $2: doz.. 35c. Cauliflower—Homegrown, bushel. $2.50. cettuce—Outdoor. 15-lb. basket. 85c: iceberg best, S4O 4.50 a crate. Peas—lndiana, $1.50. Radishes —Home grown buttons, large bunch, 35c. Rhubarb—Home grown, dozen. 25®3Gc. Spinach—Home grown, bushel, 75c. Tomatoes—Hothouse. 10-lb. basket. $1; original Tenn.. 30-lb. lug. $2. CHICAGO FRUIT MARKET (By United Press) CHICAGO. July 11. —Fruits and vegetables: Apples—lllinois Transparents. SlO 2 bushel. Carrots—California. s2® 2.50. 6 doz.; Illinois. 2®2%c bunch. Cucumbbers —Hothouse. 75c051.75 i2 doz. i; Illinois, sOcsol bushel. Tomatoes—Tennessee. sl® 1.05. lug box; Illinois, dates. sOcosl. Sweet Potatoes—Tennessee, $1.75® 2 bushel hampers. Mushrooms—lllinois. 15® 40c lib. cartons). Peaches—Georgia. 75c®51.25 (% bushel). Red Raspberries—Michigan. $125 01.50 (24 pints): black. 75c®51.25. Lettuce—California. $2.25®3 crates; Michigan, crates. 40®50c (2 doz ). Beans—Eastern green. 40® 90c bushel: Illinois, bushel. 50c® sl. Cabbage—lllinois. 600 75 lbs.. $1.40® 1.50. Celery—Michigan, crates, 60® 75c: fiat boxes. 60® 85c. Onion market ( 50lb. sacksi. California yellows. $1.100.1.20: California vhite. $2. In the Cotton Markets —Juh' 10— CHICAGO High. Low. Close. January 12.88 12.72 12.88 March 12.98 12.82 12.98 Julv 12.64 October 12.70 *2.52 12.70 December 12.83 12.67 12.83 NEW YORK High. Low. Close. January 12.85 12.68 12.84 March 12.94 12.76 12.93 May 13.02 12.84 13.00 Julv 12.48 12.35 12.46 October 12.64 12.47 12.63 December 12.79 12.62 12.79 NEW ORLEANS High. Low. Close. January 12.79 12.68 12.79 March 12.87 12.75 12,87 Mav 12.96 12.87 12 96 July 12.40 12.26 12.39 October 12.60 12.44 12.59 December 12.7 b 12.59 12.74 N. Y. Coffee. Sugar Futures COFFEE —July 10— —Santos— High. Low. Close. Mareh <•. 10 56 Mav 10 64 July 9 31 September ... 10.24 December 10.54 10.47 10.47 —Rio— March 7.92 Mav 8 01 July 7 58 September 7 85 7.72 7.72 December 7.95 7.84 7.84 SUGAR —July 10— High. Low. Close January 1.83 1 82 1.32 March 1.89 1.87 1 37 May 1 92 July 1.97 1 96 1 96 September 1.75 1.74 1 74 December 1.83 1.82 1.82 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 Pricea Anthracite SI3.M) Brazil lump 6 00 Brazil egg 5.50 Brazil mine run 5.25 Coke, nut size 825 Coke, egg size 8.25 Indiana forked lump 6 00 Indiana egg 5.75 Kentucky lump 7 00 Pocahontas lump 8.00 Pocahontas egg 800 Pocahontas forked lump 900 Pocahontas mine run 7.25 New River smokeless §OO West Virginia lump t>-75 West Virginia egg 6.50 Island Creek ............ 7.00 Extra charge ot 50c a to*, for wheeling ocai. and (1 a ton lot coal carried to bio.

PAGE 13

CROP REPORT PUSHES GRAIN PRICESHIGHER Barrage of Buying Orders Sends Major Futures Up Limit. BY HARMAN W. NICHOLS United Tress Staff Correspondent CHICAGO, July 11.—La Salle street bristled with bullish enthusiasm today as a result of the sensational government crop report yesterday and grain prices on the Chicago Board of Trade soared. Wheat opened 4 to 5 cents up, at the extreme up the limit permitted in a single day’s operations. Corn was up 3% to 4 cents, also up the limit; oats were 1* to 2 7 i cents higher, and rye was unchanged to 2% cents improved. All other news was ignored at the start and there was more activity in the pits than for some time. A collection of overnight buying orders added to the early confusion. Chicago Futures Range —July 11— Prey. Wheat— High Low. 10 00 close. JIV 92 5 4 91% 92* 87% SePt 93% 92* 93* 88* Dee 95 94% 94% 89% Corn— July 60% 59* 59% 56* Sept 62 60* 61 57 7 / Dec 61% 60* 61 % 58% Oats— Julv 44% 44% 44% 42% Sept 45* 44 44% 42* Dec 46% 45% 45% 43* Rve— Julv 69 67 * 67* 64* Sept 70 68 68% 65% Dec 71 70% 70* 67* Barley— July 52% Sept 54* 51* CHICAGO PRIMARY RECEIPTS —July 10— —Bushels— Today. Last week. Wheat 934,000 435.000 Corn 452,000 412,000 Oats 61,000 97,000

Cash Grain

INDIANAPOLIS —July 10— The bids for car lots of grain at th call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 41 Vb New York rate, were: Wheat—Strong: No. 1 red. 22'ic; No. 2 red, 76!?© 77'.2C: No. 2 hard. 76‘iUmVic. Corn—Firm; No. 2 white,s6'4© 57'ic; No. 3 white, 55>/2Qs6'oc: No. 2 yellow, 52®> 53c; No. 1 yellow. 51171520: No. 2 mixed. 51 ©s2c; No. 3 mixed, 50©51c. Oats—Firm: No. 2 white, 39 1 a (S' 40 Vie; No. 3 white, 38*2© 39’' 2 c. Hay—Steady. IF. o. b. country points taking 23 ! 2C or less rates to Cincinnati or Louisville). No. 1 timothy. [email protected]. —lnspections Wheat—No. 1 red, 22 cars: No. 2 red, 24 cars; No. 3 red. 2 cars; No. 4 red* 1 car; No. 1 hard. 19 cars; No 2 hard, 18 cars: No. 1 mixed. 5 cars; No. 2 mixed, 4 cars; No. 3 mixed. 1 car; Sample. 1 car. Total. 85 cars. Corn—No. 2 white, 1 car; No. 3 white, 4 cars; No. 2 yellow'. 5 -arsi No. 3 yellow, 4 cars; No. 2 mixed, , car. Total, 15 cars. Oats—No. 2 white. 1 car; No. 3 white. 1 car. Total 2 cars. Local Wagon Wheal City grain elevators are paying 76 cents for No. 2 soft red wheat. Other grades on their merits (By United Press) CHICAGO. July 10.—Cash grain: Wheat —No. 1 red, 88> 2 ©B9c; No. 2 red, 89c; No. 3 red, 88 1 2©88 3 c No 1 hard, 91©91 3 ,iiC; No. 2 hard, 90 3 4@91c; No. 3 hard. 90© 90*/ic; No. 5 hard. 87' 2 c; No. 1 dark hard. 92c; No. 1 mixed, 90V'4©91c; No. 2 mixed, 89 3 4©90’2C; No. 2 hard smut. 89'2C; No. 2 mixed smut, 89c; No. 2 red garlicky, 87!4c. Corn —No. 1 yellow, 58-lie; No. 2 yellow, 59 ©s9'ic: No. 2 yellow lake, 58©58 I '>c; No. 3 yellow, No. 3 yellow lake, 58;o No. 4 yellow, 58c; No 6 yellow', 57c; No. 2 white. 62 3, 4c; No. 2 white lake, 62 3 /4C. Oats—No. 3 white. 43 3 4C. Rye—No sale. Barley—sßc; quotable, 56©93c. Timothy—s9.3s© 9.50 Clover 5eed—510.25©14.25. Cash provisions—Lard. $8.90; loose, $6.27; leaf. $6.25: bellies. $9.80. TOLEDO, July 10.—Grain close: (Gr? \ in elevators, transit billing). Wheat—No. 2 red. 87 , 2@88 , 2C. Corn—No. 2 vellow. 63 Fa ©64 tic. Oats—No. 2 white. 46(@47c. Rye—No. 1, 68 1 2 ©69' 2 c. Track prices 28'2C rate. Wheat — No. 1 red. 84©84 1 /2C; No. 2 red. 83@83‘/2C. Corn — No. 2 vellow'. 59® 59tic: No. 3 vellow, 58©58’ic; No. 4 yellow. 57©57>2C. Oats—No. 1 white. 44©45c; No. 2 white. 43© 44c: No. 3 w'hite. 42 1 /?® 43*2C. Seed close: Clover —Cash. $8.25: Alsike. cash. $8.50. ST. LOUIS. July 10 —Cash grain close; Wheat—ln good demand, tic lower on red and ‘2 to J 4 cent higher on hard: No. I red, 87 , 4'®88’2c: No. 2 red. 87'4 ©B9c; early, close. 87 , 2©87 I>c: 1 >c: No. 3 red. 86 3 /4C® 89 ! 2c: No. 4 red. 85®87c; No. 5 red. 86tic; No. I red garlicky, 83 3 4c: No. 2 red garlicky. 84c: No. 3 red garlicky. 82 3 4® 85c; No. 4 red garlicky, 82’, 2c; No. 2 red smutty. 81 3 '4©85’.2c: No. 1 hard. 89'4® 90c; No. 2 hard, 89®90 early, close 88 ! /i©! 88 3 ic: No. 3 hard, 85 1 ic; No. 1 light garlicy, 86'lc: No. 2 light garlicky. 86 >/2© 87c: No. 3 light garlicky. 86Vc; No. 1. mixed. 88!i©89<4C; No. 2 mixed, 83'/4© 89c. Corn—ln fair demand; tic higher; No. 2 yellow’. 60c; No. 2 white, 64c. Oats —ln fair demand. ’ 2C lower: No. 2 white. 44c; No. 3 white. 43 ‘2c: No. 1 mixed. 44V4C. NEW YORK. July 10.—Cash grain; Wheat—No. 2 red. $1.04; No. 2 hard winter sl.o4ti. Corn—No. 2 mixed, 63'/2c. Oats —No. 3 white, 52c. CRANE AGENCY REPORTS LARGE BUSINESS GAIN Total in First 6 Months This Tear Surpasses Entire 1933 Mark. E. A. Crane agency of the Northwestern Mutual Life Insurance Company during the first six months of the current year accounted for more business than in the entire year of 1933, it is reported. The Crane agency, one of the leading life insurance selling organizations in the state, is one of a group of fifteen agencies of the Northwestern Mutual in cities of a like size to Indianapolis, and at present is leading the group in sales for the year. During 1933 the Northwestern Mutual, which has more than SIOO,000,000 of insurance in force in the state, paid out nearly $4,000,000 in claims. AMERICAN DOLLAR OFF British Pound Equivalent to 55.04 H in U. S. Currency. By United Press LONDON, July 11.— The dollar was slightly weaker today with the pound ss.o4’s. Gold fell 1 cent to 534.76 a fine ounce with the sterling rate 137 shillings 11 pence, down J 2 penny. Yesteray’s rate was fixed with the pound at $5.03%. By United Press PARIS, July 11.— The dollar was weaker today with francs 15.1514 to the dollar (6.599 cents a franc). U. S. Sugar Melt Drops By Times Special CHICAGO, July 11.—Reports of thirteen United States refiners from Jan. 1 to June 30, show that the sugar melt dropped to 1,740,000 long tons against 1,945,000 long tons for the same period of last year. Deliveries for the a love period also showed a decrease. Paint, Varnish Sales Increase By 'l imes Special CHICAGO, July 11.—Sales of 58S paint and vamsh establishments for the first foui months of 1934 totaled $89,321,000 against $55,563,000 for the corresponding period of 1933 and $73,866300 in 1932, according iO the department of commisce.