Indianapolis Times, Volume 46, Number 54, Indianapolis, Marion County, 13 July 1934 — Page 24

PAGE 24

STOCKS DISPLAY FIRMER TONE; VOLUME LIGHT Silver Issues Prominent; U. S. Smelting Gains 2 Points. BY ELMER C. WALZER United Ptm itaß f o/Tespondeiit NEW YORK, July 13 —A firmer tone developed in the afternoon dealings on the Stock Exchange today after rahroad shares had led the list downward in the early trading. Volume was light. Lvles to 1 p. m. totaled 290.000 shares, against 310,000 rday and 440.000 on Wednesday. Silver issues were prominent in the recovery with U. S. Smelting rising 2 points to 134'* or within touching distance of its high for the year. Motors made small gains as did dairy issues. Rails regained part of their losses, which had ranged to more than 2 points. The weekly car loadings report included the Fourth of July holiday and hence recorded a decline that brought the total under the corresponding weeks of 1933, the first time this has occurred this year. Grains firmed with corn leading. Cotton rase a dollar a bale. Silver, rubber, hides and copper were lower. Money and Exchange INDIAN SPOI.IS HANK CLEARINGS —July 13 Clearings *2 816 non on Debits 6,081,000.00 FOREIGN EXCHANGE •Bv Abbctt. Hoppm Sc Co.l —July 12— Close. Sterling. England $5.04 Trane FVar.ee OSS9 3 * Lira. Italy 085S 1 * Beluus Belgium 2336 Marie. Germany 3835 Guilder. Holland 6780 P'Sfta. Spun 1368 Krone. Norwav 2532 Krone. Denmark 2251 Yen. Japan .2994 Treasury Statement (By United Press* WASHINGTON. July 14—Government | expenses and receipts for the current fiscal year to July 11. compared ti'h the correrpending period of the previous fiscal j sear. This Year. Last Year Expenses . $ 223.796,343 44 $162 941.705.49 Receipts - 108 985.068 65 64 808.878.37; Deficit 111811.274 79 93 132 827.12 Cash Ba! . 2 692 423.686 69 Investment Trust Shares (By Abbott. Hoppm & Co.* —July 12— Bid. Ask. American Bank Storks Corp Ml 1 16 Amer Sc General Sec A 400 5.50 American nc Inv Tr Sh 175 Basic Industry Snares 3.27 British Type Inv Tr Sh .40 .46 Collateral Trustee Shares A 464 Corporate Trust Shires midi 198 262 Corpora'e Tru t Shares tnew* 228 2.32 Cumulative Trust Shares 3 31 ... Diversified Trust Shares A 6.95 Diversified Trust Shares B 7.62 7.82 Diversified Trust Shares C ■ 3.01 306 Diversified Trust Shares D 463 473 Fir.-t Insurance Stock Corp . .76 86 First Common Stork Corp .66 .70 Fixed Trust Oil Shares A .. 200 Fixed Trust Oil Sitares B .. 6 82 Fundamental Investors Inc 195 215 Incorpora’ors Investments ..17 50 17.75 Land Bank Bond Shares .... 1.15 128 Low Priced Tins- Shares ... 584 5.95 Mass In Tru.,t Shares 13 68 20 30 Nation Wide Securities 3.33 3.39 North Am Tru:t Shares .53*. FE4 North Am Tr.ist Sh 1 55-s*> 232 236 North Am Trust Shares <sßt 2.23 233 Selected American Shares 1.16 1.25 Selected American Shares Inc 2.48 ... Selected Cumulate e Shares . 6 48 ; Selected Income Shares 335 3.75 Std American T:\. .• Shares A2 90 2.94 Trust Shires of America 272 2.77 Trustee Std Oil A 5.45 5.50 . Trustee S-d Oil B . 502 5.12 U S fnectric Lt a- Par A 12.50 12 75 1 Uni'4#rsal Trust Shares . ... 2.95 3.60 I New York Bank Stocks >Bv Abbott. Hoppm & Co.* —July 12— . Bid. Ask. i Bankers . - 64 64'a Brooklyn Trust 99 m 2 Central Hanovrr 129 130 Chase National 24 24 ** Chemical 40*j 41 National City 28 28* 7 , Com Exchange 53 53 . , Continental 13 13*2 j Empire 19 19*a F.rst National 1 645 1.655 Guaranty 367 379 1 Irvine 17 17** ManHatten Sc Cos 29*1 30 Manufacture's 22® 23 3 * J4e York Trust 106 I<*B *®ibl.c 33'u 34 FI Daily Price Index •Bv United Press* NEW YORK. Julv 12—Dun Sc Bradstreet s da-lv weighted price index of thirtv b, . commodities compiled for the United Press <1930-1933 Average. 100 l Today 113.31 Yesterday 113.15 Week Ago 112.24 Month Ago 113 3. Year Ago tJu'.v 13' 1.79 96 1934 High Tire 19* 113 68 1934 Low 1 J?n 3> 101 05 Copvnght. ’34. bv Dun Sc Bradstreet. Inc life"insurance~sales INCREASE 96 PER CENT Church Ccrporaiion Reports Gain In all Divisions. Bp Timll Special NEW YORK. July 13 Ordinary life insurance sales, apparently thriving on the hot weather, ate reported 96 per cent higher in June of this year than in June 1933. according to the quarterly report of the Church Life Insurance Corporation. a subsidiary of the Church Pension Fund of the Protestant Episcopal Church. The increase for the period from Jan. 1. through June, over the corresponding period of 1933 was 50 per cent. First year annuity premium income for the first half of this year increased 462 per cent over that of 1933, the report shows, while renewal premium income for the same period has risen 632 per cent. NAME NEW EXECUTIVE E. G. Poxson Appointed Keo Sales Corporation President. B:i T** 1 Sp< . ii LANSING. Mich., July 13.—Don E Bates, president of the Reo Motor Car Company, announces the appointment of E. G. Poxson as president of the Reo Sales Corporation. C A. Triphagen. sales supervisor. will succeed Mr. Poxson as sales manager. The new sales corporation is one of the developments in an aggressive expansion program announced last winter by R. E. Olds, board chairman.* upon his re-entry into active management of the Reo firm. DOLLAR VALUE STEADY Fount Sterling Fractionally Lower; • Gold Price Higher. By United Brest LONDON, July 13.—The dollar was steady today. The pound was $3.03 *. Gold rose one-half cent to $34.77 with the sterling rate 138 shillings one-half penny, up on penny. Yesterday's price was fixed with the pound at $5 04. PARIS. July 13.—The dollar was -leaker today. Francs were 15.164 to the dollar *.6.598 cents a franc;.

—New York Stocks —

—“————— ————————— , B< Abbott HOODID Sc Co.i AVERAGE STOCK PRICES FOR THURSDAY Net High. Low. Close, change. Thirty industrials 99.01 97.93 98.32 —.33 Twenty rails 43.89 43.38 43.al .68 Twenty utilities 23.63 23.33 2338 -.34 Forty bonds .... 95.38 -.29 Ten first rails .... 102.30, +.21 Ten second rails .... .... 81.99 -<-.34 Ten utilities •••• 97.89 +.33 -Off. +Up.

—July 13— Prsv. Oil*— High. Low. in 30 close. Amerada . 50’ All Rfg 25’a 25** 25'a 25 7 * Barnadail .. .. . • 7" 7 3 Consol 0:1 10 10 Houston tnewi ... ... 3' 3* H'-iston ioid< . . . 20 5 * M.d Cont Pet .. 12* 12’. 12 3 12’* Ohio Oil H l * Pet Corp 10* a Pivmoti’n Otl l 3 .* Shell Un 8 . Skeiley Oil • • 10 _ Soc Vac 15 15 7 * 15 7 a 15'* S O of Cal 34’* S O of N J 44 7 44 7 Sin Oil 60** Texas Corp ... 24’* 24** Tidewater Assn .. ... • ll 7 * Un Oil of Cal 16’a 16 Steelv— Am Roll Mills . 13 18’ 18* 194 Beth Steel ... 33** 334 Inland S'eel ... ... 37 3 * Ludiiip* Steel 154 McKeesport Tin . 88 Na'l Steel . .42 41 1 a 414 42 O*is Steel . 54 Ren Iron Sc S‘eel .. ... 164 164 U S Pipe Sc Fdy 23 4 U S Steel 39'a 394 U S Steel pfd 85*a Youngstn SAT 254 Motors— Auburn . • 24 , Chr-Mer 404 404 404 404 Oen Motors 324 324 324 314 Oei Motors pfd ... 103' * 1034 Graham Mot ... .• 24 Hudson 94 94 Hupp ... 33 Maek Truck . • 264 Nash 174 174 17', 174 Packard 34 34 Reo ... >• 34 Studebaker ••• ,44 44 Yellow Truck 44 Motor Access— Bendix - - . ■ • 144 Bohn Alum 584 584 584 584 Borg Warner ..... ... 22** 22 Briggs 174 IT* * Eaton Mfg ... . 16 Ele<- Auto Lite ... ... 224 224 Houdaille A .. ... ... 34 Mullinr Mrz pfd 34 1 2 Murray Body .... ... ... 64 Stew Warner . t>4 Timken Roll 304 3d Timken Det Axle .. ... 64 64 Mining— Alaska Jun ... ... 22*2 Am Me:als .... . - 22", Anaconda 144 144 144 144 Cal Sc Hecla ... Cerio*lV Pasco ... ... 41 42 Dome Mines ... 43 H 44 4 Gt Nor Ore 11 Howe Sound 5a4 Ins Copper • 44 In: Nickel 264 264 Isl Creek Coal .... 28 • Kennecott Cop .... ... 22 224 Mclntvre Mine • 49 Noranda Cop .... ... 43', 44 Park Utah 44 Phelns Dodge .... ... I*4 ■ St Joe Lead .. 204 U S Smelters .. 173 1324 133 132 3 * Vanadium 214 Amusements Croslov Radio .... Fox Hhea • ~ • • 124 loews Inc 27 4 264 26-* -<4 Radio Corp 64 64 RKO 2*B 24 Warner Bros 4 4 Tobacco*— Am Snuff • ••• 604 Am Sum Tob 204 204 204 204 Am Tobacca A .. ... • ■ 46 Am Tobacco B -. <B4 <; Gen Cigars 404 Lets A- Myers B _ 0 9. * I.onllard .. ••• 184 18* Reynolds Tob B. 46 454 46 464 Rails— Atehison All Coast Lines • , 3<; 4 BA O 224 £l4 Can Par , • • • _ 14*8 C'n Sc Ohio .. 46 8 46 4 46 4 4/ C M * St P 2* C M Sc St P pfd -4 Chi N W 84 Dela * Hid 54 Del Lac Sc W 224 Erie 18 * Erie pfd 23 a 23 Grt North pfd 214 214 111 Central 24 K C Sou J?-* Lehigh Valley...' .. ... 154 15* Lou Sc Nash 514 M K Sc T pfd 22 * Mo Pac 3* Mo Pac pfd 54 54 N Y Central 28 3 b 28 28 -8", N Y Chi & St L 18 * NY C A- St L pfd 304 N Y New Haven I+* Norfolk Sc Wes • „?. 4 Nor Pac 23*8 23* * *34 23* Penn RR - • 30 4 304 Sou Pac 24*8 24 24 24 Sou R R 21*2 21*8 21*8 214 Sou R R pfd ... 28 274 27 * 28 Union Pac ... ... West Maryland .. ••• ••• 14 Equipments— Am Brake Shoe. .. ••• "26 3 a Allis Chalmers *54 Am Car Sc Fdy. • 20 7 a Am Loco 24 - Am Steel Fdy 164 164 Bald Loco *0 2 Burroughs ■ *3_a Case J I 52 52 7 e Cater Tract -62 •• E’.ec St or Bat 43 4 44 Foster Wheeler ... •• • •• - *•* 2 Gen Am Tnk Car • • 3*. 4 Gen Elec 20 4 20 20 s -0 s Tnesol Rand Int Bus Mach 1 22 s * Int Harvester .... 33_a Pullman Inc 48 48 Rem Rand ••• ••• J” '* Und Elliot 2?. Westingh Elec 36 3< a VVorthingtn Prop .. 1 | Bright Spots ! <Hv Abbott HuODIO & Cos * General Electric bookings for the second quarter are estimated to show 504.000.000 increase, or 52 per cent higher than the corre ponding per-od of last year. August gasoline production allowable has been rut to 903.(MM* barrels, to reduce the surplus stocks. Pere Marquette Railroad Company car loadings for the week ended July 7. totaled 7 676 against 9.137 in the preceding week. Marriage Licenses Richard Hampton. 24. Noblesville. papermaker. and Juanita Blake. 18. of 2124 Highland place, housekeeper. Ernest Marsh. 24. of 3155 East Washington street, mechanic, and Dorothy Laing. 19. of 412 Orange street, housekeeper. Arthur Krakovitz. 28. of 3241 College avenue, clerk, and Tina Bremen. 23. of 3360 North Meridian street, beautician. Harold Stewart. 27. of 712 West New York street, packer, and Pearl Denison, 28 of 1225 Le Grande avenue, packer. Leonard Levi. 23. of 3074 Park avenue, salesman, and Dorothy Finegold. 18, of 403 Fast Morris streej. housekeeper. William Bunn. 22. Troy. 0., student, and Patricia Harris, 18, of 116 East Water street, student. Rex Spangler. 20. of 1816 North Pennsylvania street, case manager, and Evelvn Roberts. 21. of 2114 North Alabama street, waitress Harlv Benson. 22. of 230 Belleview place, meat packer, and Mary Soeurt. 19, of 120! North Tremon' avenue, saleslady. Alfred Ressino. 24. of 815 Fletcher avenue. salesman, and lone Thomas. 20. of 2347 Union street, housekeeper Brone 1 Jameson. 31. of 1810 Sheldon street, no occupation, and Anna Bell. 29. of 1810 Sheldon street, no occupation. Janies Rilev. 25. Central S’ate hospital, at endart. and Erma Elies. 23. Petersburg, domestic Glen K'nkead Jr . 22. of 4061 Park avenue. service man. and Thelma Lowry. 21. of 4061 Park avenue, housekeeper. Edward Boswell. 22. of 1235 Sharon avenue dofler. and Bonnie Lloyd. 21. R R. 3. Box 98. spinnee Henrv Werner. 20. of 929 East Minnesota >--reft. butcher, and Dorothy Sawders. 17 of 2645 East Seventeenth street, housekeeper. Walter Guriev 33 of 3319 Nowlar.d avenue. lawyer, and Dorothv Collier, 30. of 359 Grand avenue, timekeeper Richard Mescall. 21. oi 928 Daly street, timekeeper and Mildred Maddox 20, of 21S North East street, housekeeper. Births Boys George and Mary Pieczko. 530 North Cor.coari Ge rge and Maggie Kivett. 461 Arbor avenue Dor. and Margaret Oden. 1316 East New York Girls Oscar and Noba Nauert. 827 Weghorst. \>s-r and Lillian Clark. Methodist hospital. Keith and LsFerne Williams. 33 North Healing. Deaths Dora Hessong. 58. city hospital, diabetes xeihtus. Charles Scott. 14. Methodist hospital,, laryngitis. Warren Ashlev Faxton. 10, Methodist hospital, diabetes mellitus. George Edward Dolan. 48. of 815 Fairfield. coronary thrombosis. Emma Coleman. 48. of 2906 Martindaie. cerebral hemorrhage Morris M Dowd. 65. of 5109 Carvel, coronary ihrombosis. John R Scales SO of 5268 Park, acute ; parenchymatous nephritis. Marv Kre-np Ritter. 76. of 3909 North New Jersey, acute cardiac dilatation Carrie B Rink. 63. 8:. Vincent's hospital. , brcncho pneumonia ! Mary Joseph Greiner. 29. of 5115 East North, pulmonary tuberculosis.

I Utilities—'Am At For Pwr ... 8 Am Pwr At Lit 6 7 a 64 64 6 7 a A T At T . .1144 1144 1144 H 5 Am Wat Wks 19S 194 | Erook Un Gas .. . . 66 Col Gas Sc Elec . 114 114 114 U : s Com Sc Sou ... 24 2 Consol Gas ... ... 33 334 Elec Pwr & Lit 54 Int Hvdro Elec ... 6 Int T A T 124 124 124 124 Lou G Sc E "A" 164 Nat Pwr Sc Lit ... ... ... 94 North Amer ... . 16, Pac G&• E 174 174 | Postal Tel pfd 19*2 194 ; Pub Serv N J . . 354 354 So Cal Edison . 164 164 164 164 j Std Gas . 94 94 94 94 ! Stone Sc Webster. 74 74 74 74 Unted Corp ... . 5 4 s'* : Un Gas Imp .. 164 164 164 . ; Ut, Pwr Lit A 24 | Western Union ... ... ... 444 . Rubbers— Firestone ... ... 17 \ Goodrich ... ... 124 1 Goodyear 27 Kelly Spring 2 . ■ U S Rubber ... ... 174 l” 7 , U S Rubber pfd 434 Miscellaneous— Am Bank Note • 204 Am Can * 1004 1004 P.iklyn Man Tr 41 Conti Can Crown Cork ... ... 254 Curtis Pub 234 Curtis Pub pfd. .. ... . 83 4 Eastman Kodak . 98 4 98 Gillette 12 114 ll 7 , 12 Glidden . 6 . 254 254 254 254 Inter Rapid Tr .. ... ... 84 Owens Bottle Foods— Am Sugar .. 674 Armour A 54 5*2 Beatrice Cream . 17 Borden Prod 27 4 274 Cal Packing Canada pry G A— 20*4 Coca Cola ... ... ... 1364 Cont Bak “A” .• ■ . 9 Corn Prod .. 694 684 684 684 Crm of Wheat ... ... .. 334 Cuban Am Sugar 8 84 Gen Foods 314 31 314 304 Gold Dust . . 194 O W Sugar ... 344 344 344 344 Loose Wiles Natl Biscuit, 354 35* 2 Nati D Prod ... 184 18 4 Purity Bak ... . 134 S Por Biro Sug 364 364 Spencer Kollos 23 Sid Bran** 204 21 Un Biscuit 254 26 United Fruit ••• 714 Wriglev ••• 66 Retail Stores— Ass Dry Goods ... 114 Best Sc Cos 334 First Nall Stores .. ... 664 67 Gimbe! Bros 34 • Gimbel pfd ••• 224 Gr Un Tea ••• 5 J s Hahn Dept Sts 54 Kresge S S 134 194 j — In the Cotton Markets —July 12— CHICAGO High. Low. Close. January 13.06 13.06 13106 March 13.26 13.13 13.13 Julv . 12.71 October 13 00 12.84 12.85 December 13.12 13.00 13.00 NEW YORK January 1 13.10 12.97 12.97 March 13 18 13.04 13.04 May 13 24 13.10 13.11 Julv 12 72 12.63 12.64 October 12.92 12.77 12.78 December 13.05 12.93 12.94 NEW ORLEANS * January 13.09 12.98 12.98 March ' 13.17 13.04 13.04 Julv 12.67 12 60 12.60 October 12.90 12.76 12.77 Decmeniber 13.05 12.90 12.92 N. Y. Coffee, Sugar Futures COFFEE —July 12— —Santos— High. Low. Close. March . 10.44 May 10.51 10.45 10.51 July • • - 9.71 I September 10 16 10.10 10.16 December 10.37 10.30 10.36 —Rio— March 7,94. 7.84 7.88 Mev 8.04 7.97 7.97 Julv ■••• 7.66 September 7.68 December 7.85 7.80 7.81 SUGAR High. Low. Close. January 1.83 1.82 1.82 March' 1.88 1.85 1.85 May 1 92 1.90 1.90 July 1.70 1.69 1.69 September 1.76 1.74 '1.74 December 1.83 1.81 1.81 Retail Coal Prices The lollowing prices represent Quotations trom leading Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed. Domestic Retail Prices Anthracite $13.50 Brazil lump 6.00 Brazil egg 0.50 Brazil mine run 5.25 Coke, nut size 8.25 Coke, egg size 8.25 Indiana forked lump 6.00 Indiana egg 5.75 Kentucky lump 7.00 Pocahontas lumo 8.00 Pocahontas egg 8.00 1 Pocahontas forked lump 9.00 Pocahontas mine run 7.25 New River smokeless 8.00 West Virginia lump 6.75 West Virginia egg 6.50 Island Creek 7.00 Extra charge of 50c a ton for vvheeline coal and $1 a ton for coal carried to bin Produce Markets Delivered in Indianapolis orices: Heavy hens. 10c Leghorn hens. 7c 1934 broilers. 2 lbs. and over. 16c: Leghorn broilers 14 to 2 lbs. and over. 14c bareback broilers 11c; old roosters. 4c: ducks and geese. 3c: young guineas. 14 to 3 lbs.. 20c: old guineas. 15c: No. 1 strictly fresh country run eggs. loss off 11c. Each full case must weight 55 ibs. gross; a deduction of 10 cents a pound for each pound under 55 Ibs. will Be made Butter—No. 1. 2 7 (c£ 28c: No. 2 25>!?26c. Butterfat. 22c; Quoted bv Wadlev Company <By United Press* CLEVELAND. July 13.—Butter market barley steady; extras. 27c: standards. 27c. Eggs—Market steady: extra white, 144 c; current receipts. 13c. Poultry market steads-; colored fowls. 44 lbs. and over. 16c old roosters. 10c; ducks, white. 5 lbs. and tip. 15c. Potatoes—Virginia U. S No. 1. $2.25 " 2.35 per 100-lb sack. NEW YORK. July 13.—Potatoes—Steady; Long Island, 524i2.13 a barrel; New Jersey. 51.63-1/ 2 a barrel; southern. 75ct/$2 a barrel: Maine. SUMS a barrel. Sweet Pota- , toes —Dull; Jersey, basket, sl4/2.35; southern. zasket. 75c 4/2.75. Fiour—Steady; springs, patents. $6,901/7.15 a barrel. Pork —Steady; mess, $19.75 a barrel. Lard — Steady; middle west spot. $4.104/4.80 a 100 lbs. Dressed Poultry—Firm: turkeys, 12ii 27c; chickens. 94; 27c: broilers. 174/. 27c: capons. 25'u35c: fowls. 104/18c; ducks. 13'./ 14c: Long IslrAid ducks. 124/15c. Live Poultry—Firm: geese. 7r: turkeys, 104 c 15c: roosters. 94/lOc: ducks. 84/11c: fowls. 124/ 16c; broilers. 154/25c. Cheese—Quiet; state whole milk fancy to specials. 184/; 19c: Young America. 1344/14c. Eggs— Receipts. 17.526 cases; market firm: special packs, including unusual hennery selections. 1844; 22c; standards, 1744/18c; firs's. 1644/164c: seconds. 154/154c: mediums. 144'/ 15c: dirties. 1444/15c: checks. 1344/ 14c. Butter—Receipts. 10.946 packages. market irregular: creamery higher than extras. 244-4/25c: extra <92 score'. 24c; first >9O to 91 score l . 23 44/ 234 c; first <BB ’o 89’score 1 , 224'<i22'<zc; seconds. 2l4'>i 22c. COMPANY LISTS ASSETS AT $6,500,925 ON JULY 1 Figure Compares With Total of 50,790,901 Last Year. Bp Time Sprciaf CHICAGO, July 13.—Capital Administration Company, Ltd., reports on July 1 had net assets of $6,500.925, equal to $1,902.52 per SI,OOO of debentures. $71.05 a share of preferred stock" and $6.57 a share of class "A” stock. Six months ago. net assets amounted to $5,790,901. equal to $1,694.73 per SI,OOO of debentures. $54.69 a share of preferred stock and $1.19 a share of class "A” stock. Total income for the six ‘months ended June 30 was $172,396.52, and net income, after all expenses, interest and taxes, was $50,366.88. Navy Places Huge Order Bp Times Special CHICAGO. July 13—Orders totaling $145,000 for sixteen kilowatt generators and spares for four battleships now .being reconditioned have been received Jay the Westinghouse Electric Manufacturing Company.

THE INDIANAPOLIS TIMES

Kroger Groc 314 Macv R H 42 Marshall Fields .. ... ••• ls* Mav Dept St .. . • 39 Mont Ward ... 38 4 38’* 38’* 284 Natl Tea 12. Penny J. C . 614 614 Safeway S’ . 504 504 504 504 Sar, Roebuck 44 44 Woolworth 50 4 50*2 Aviation— Aviation Corp .... ... 54 5 4 Curtiss Wright *. 3 Curtiss Wright A 94 Douglas Air 20 Nor Am Av ... 4 4 4 4 Soeerv Corp 8 4 B** United Aircraft 1? Wright Aero 52 Chemicals— Air ReducUbn 100 Allied Chem 136 Am Com Alcohol. .. ... 324 Col Carbon <3 Com Solvents . . 22 214 Dupont 924 924 92- a 92 Freeoort Tex 324 Liquid Carb 2.4 Math Alkali 33 4 Montosonta Ch.’ .. ... 53 4 53 4 Na’l Dis <newt 22 4 22.4 Schenelev Hist ... ... 26;* Tex Gulf Sulph 334 334 Union Carbide 44 2 44 U S Ind Alcohol 404 41 = 2 Virg Ch fitj. pfd 18 Drugs— Cotv Inc ... 6 6 Lambert ... . 25 4 Lehn & Fink 194 • ■ Un Drug 144 144 Zonite Prod 54 Financial — Adams Exp 84 Allegheny Corp 24 24 Am Int Corp Chesa Corp 46 Lehman Corp .• <1 Transamenca 64 64 Tr Conti Corp 44 44 Building— Int Cement 244 Johns Manville 544 Libby Ow ens Gls . 32 314 Otis' Elev 154 154 15’, 154 Household — Col Pat Pect . 1578 154 154 16 gongoieum 28 elvinator ........ ... 1514 16 Mohawk Carpet ■ , Proc Sc Gamble 364 36', Simmons Bed *54 Textiles— Amer Woolen 184 Be'.ding Hem 124 12’s Celanese Corp 26 264 Collins Aikman la Gotham Hose „ 74 Indus Ravon .. 34 7 4 24 4 244 Kayser Julius *°4 New York Curb (By Abbott, Hoppin Sc Co.l —July 12— Closed Close. Allied Mills . . 8*81 Glen Alden Coal 24 Alum Cos of Am 66 iGulf Oil of Pa . 65 Am Beverage . 14 Hiram Walker.. 334 Am Cyanide B. 20'.,iHud Bay Min.. 134 Am Sc' Fo Pr Wr 5 Vs 1 Humble Oil 43 Am Gas & El.. 27 limp Oil Ltd 144 Am Superpwr . 24-Int, Petrol 26* As.so Gas & El. 4jLake Shoe Mm. 544 /•rtlaa Corp . .. 104iLibby McN Lib. 54 Axt Fisher To. 60 ILone Star Gas . 54 Brit Celanese.. 3 iNatl Bellas Hess 34 Can Marc 24!Nia Hud Pwr . 54 Carrier Corp .. 34;Novadel Agene . 20 Cities Serv ... 2*!Pan Am Airway 244 Common Ed ... 56 I Penn Road ... 2 s Cord Corp 34 St Regis Paper.. 2' 8 Creole Petrol .. 124!Sherwin Wins.. <l4 Deere &Cos ... 21 1 Std of Ind 27 Distillers Lim*. 224 Std of Ky .. .. 16 s Distillers Corp. 14 ITechnicolor Ind 134 Dow Chem 744lTeck Hughes Go 7 El Bnd & Sh... 14 VUn Gas ... 23 Fisk Rubber ... 94 Un Pwr &Lt A 24 Ford of Europe 7%!Wr Harg Min.. 94

Chicago Stocks | (Bv Abbott. HocDtn Sc Co.* —July 13High. L9W. 11:00. Bastian-Blessing 4 3 4 '4*, 2 4*z Berghoff Brew Cos 5* .2 Borg-Warner ... 22 Butler Bros ... 9*a Chicago Corp. com 2'4 Chicago Corp, pfd 27 3 s Chicago Mail Older .. 12*,4 Cities Service 2'a 2 2 Club Aluminum • Va Commonwealth Edison. 57 56 56^2 Cord Corp . 3 7 a General House Util ... 10'2 10*4 10’* Great Lakes Dredge ... 17*2 Libbv-McNeil ... 5*4 Middle West Util .. *a Prima Cos ... ....... 3Vi 3Va 3*2 Public Service NP ... I*4 Quaker Oats ... 119 3 4 Sears Roebuck . 43"a Swift Sc Cos 18 1 a 17 7 a 18'a Swift International 34*4 33 34*2 Vortex Clip Cos • ■ 15

Bond Prices Bv Fennet & Beane'

—July 13High. Low. 10:00. Alleg Corp 5s ’SO 35*1/ 34 5 a 34*s Am For Pwr 5s 2030... 51*2 51 51 AT&T db 5s ’65 111*4 111 111 Atchison gen 4s ’95 . ...105'z 105 U 105*2 B & O cv 4*:>s ’6O 65*4 65 65*4 Brazil 6'zS 126i '57 ... 25’a Can Pac 4s ’57 . ■ 84*2 ChMStP&P adj 5s A 2000 12® 11 3 4 12 ChMStP&P rs 5s A ’75 . 37® 36 3 4 37 Erie RR rs 5s ’67 74 3 a Goodyear 5s '57 102 7 s 102 3 i 102 3 4 Gt Nor 7s A '36 . 96 Int T&T db 5s '55 65 3 i 65*2 65V2 McKess&Robb 5*2S ’SO . • 83 Nat Dairy db s'is '48... 99*2 99'* 99 1 2 NY Cent'4*2S O 2013 ... 76 75 ! 2 75*2 Nor Am 5s ’6l .. ... 90*2 Pac Gas & El 5s A ’42. 107 Para Pub s'is ’SO • 48*i Penn RR 4Us D 81 ... 98 97 7 a 98 Poland 7s ’47 113;’4 Texas Corp 5s ’44 ....103*2 103 103*2 Un Pac Ist 4s '47 * ■ ■ 107*4 Vanadium 5s ’4l ... 83*4 Western Un 5s ’sl ... 86 Ygstwn ST 5s 8 ’7O 85 U. S. GOVERNMENT BONDS (By United Press) NEW YORK, July 12 —Closing Liberties (decimals represent thirty-seconds): —Liberty—3‘zS (32-47' 104.18 First 4‘,is (.32-47) 103.12 Fourth 4Vis (33-38) 103.25 —Treasury—4Us, 3’is (45) 104.20 4** s (47-52) 114 3 3 aS (43-47) 105.16 3 3 as (41-43), March 105.18 3 3 s (40-43). June 105.22 3**s (431 105.13 3>aS (46-49) 103.12 3s (51-55) 102.10 FEDERAL FARM LOAN BONDS (By Blyth & Cos., Inc.) —July 12— * Bid. Ask. 4S NOV. 1. 1957—37 100'a 100 U 4s May 1, 1958—38 100'a 100 5 s 4Us July 1. 1956—36 100's lOOig 4Us Jati. 1, 1957—37 lOO'z 101 4Us Mav 1. 1957—37 100 U 101 4Us Nov. 1. 1958—38 101'2 102*4 4*2S Mav 1, 1942—32 100 3 a 100 7 a 4*zs Jari. 1. 1943—33 100 U 100 7 s 4'zS Jan. 1, 1953—33 100'a 100 5 a 4' 2 S Julv 1. 1953—33 100 U -00 5 a 4Us Jari. 1. 1955—35 100'i 100 3 4 4*2S Jan. 1. 1956—36 100*4 102 5s May 1, 1941—31 100 7 a 101 U os Nov. 1. 1941—31 100 7 a 101 3 a Home Loan 4s July 1. 1951 101.01 101.07 Federal Farm Mortgage Corporation 3Us March 15. 1964—44 102.07 102.11 The latter two quotes are in thirtyseconds. Other Livestock By United Press FT. WAYNE, Julv 13.—Hogs—15 to 25 cents higher; 250-300 lbs., $4.95; 200-250 lbs., $4.80;; 180-200 lbs.. 54.65; 160-180 •ibs. $4.50: 300-350 lbs.. 54.80®4.90; 150-160 lb3„ 53.70; 140-150 lbs.. $3.45; 130-140 lbs.. $3.25; 120-130 lbs., $2.75; 100-120 lbs., $2.50. roughs. $3.50; stagsg. $1.75. Calves. $5; lambs, $7.50. IN STALL NEW OFFICIA L C. T. Lawson Named Manager of New Fridigaire Division. Bp Tunes Special DAYTON, 0., July 13.—Promotion of Charles T. Lawson, department store division manager for Frigidaire Corporation, subsidiary of General Motors, to manager of a newly formed household division in charge of all household refrigerator sales in the United States, was announced today by H. W. Newell, vice-presi-dent. Mr. Lawson fills a post vacated a year and a half ago upon the promotion of Frank R. Pierce to the sales managership of the corporation. ESTABLISH NEW RECORD Norge Surpasses All Past Marks During Last Six Months. By '1 imes Special DETROIT. July 13.—Norge Corporation shipped 22,000 units in June, closing the greatest half-year in its history, with all sales records smashed. Shipments during the sixmonth period were 194 per cent and orders 210 per cent above the similar 1933 period. Unfilled orders on June 30 were more than five times the entire 1933 production by better than 40 per cent.

PORKER MARKET AGAIN HITS $5 MARK IN CITY Swine Jump 10 to 15 Cents: Cattle, Sheep Steady; Vealers Rise. Hog prices at the Indianapolis Union Stock Yards returned to the $5.00 level today, showing an advance of 10 to 15 cents over yesterday's quotations. Receipts of hogs totaled 7.000 and holdovers numbered 168. Trading was fairly active. The bulk good to choice heavy weights ranged between 54.85 and $5, the latter price being the top for the kind. Medium weights rose to $4.50 to $4.75 and lightweights sold at $3 50 to $4. both up 10 cents from the previous session. Light lights displayed the heaviest gains of all classes, being steady to 15 cei\ts higher than in the previous session with prices ranging between $2.40 and $3.15. Packing sows sold at $3.50 to 84.25, unchanged from the previous day. Cattle receipts were the smallest for some time, numbering only 300. The market was fairly active, a considerable amount of clea.n-up trade was being done in odds and ends at unchanged prices. A few common and medium steers brought prices ranging between $4 and 6.25. Most heifer kinds sold around $5.50 while low cutter and cutter cows departed at prices of from $2.50 to $3.50. The vealer market, which had receipts totaling 600 displayed its first change of the week, bulk prices advancing 50 cents bringing prices ranging from $5.50 downward. Trading in the sheep market held around steady with receipts totaling 800. Ewe and wether lambs brought sellers prices ranging between $7.50 and $7.75 with bucks selling at $1 less. Throwouts were being bought at prices of from $5.00 to $6.00. The Chicago hog market also reached the $5.00 mark when prices advanced 10 cents. Receipts totaled 13.000, including 6.000 direct. Holdovers numbered 1,000. Cattle receipts were 4.500 and calve receipts 2,500, the former including 2.500 and the latter 1.500 government stock. Sheep trading was steady with receipts totaling 7,000. July Bulk. Top. Receipts. 7. $4,704/ 4.85 $5.00 2.000 9. 4.804/1 4.90 4.95 8.000 10. 4.754S 4.90 5.00 6.000 11. 4.75f® 4.90 4.95 6.000 12. 4.75/5) 4.90 4.95 4.500 13. 4.85@ 5.00 5.00 7,000 Market Higher. (140-160) Good and choice ...$ 3.75® 4.00 —Light Weights—-(l6o-180) Good and choice.... 4 50® 4.60 <IBO-200) Goon and choice ... 4.70® 4.75 —Medium Weights—-(2oo-2201 Good and choice.... 4.85® 4.90 (220-250) Good and choice ... 5.00 —Heavy Weights—-(2so-290) Good and choice ... 5.00 (290-350) Good and choice ... 4.90® 5.00 —Packing Sows—(2so down) Good .....’ 3.85<3) 4.35 (250 lbs ) Good 3.75® 4.00 (All weights) Medium 3.50® 3.85 —Slaughter Pigs—-(loo-130) Good and choice ... 2.40® 3.15 CATTLE Receipts, 300; Market, Steady. Good and choice $ 6.DO® 9.00 Common and medium 3.00® 6.75 (1.100-1,500) Good and choice 7.00® 9.50 Common and medium 5.25® 7.50 (675-750) Good- and choice • 5.25® 6.75 Common and medium 2.50® 5.25 <750-9001 Good and choice 5.25® 7.00 Common and medium 2.50® 5.25 —Cows— Good 3.25® 4.00 Common and medium 2.25® 3.25 ■Low cutter and medium 1.25® 2.25 Bulls (yearlings excludedi Good (beef steers) 2.50® 3.50 Cutter, common and medium.. 1.50® 2.30 VEALERS Receipts, 600; Market, Higher. Good and choice $ 5.00® 5.50 Medium 3.50® 5.00 Cull and common 2.00® 3.50 —Calves— Good and choice 4.50® 5.50 Common and medium 2.50® 4.50 —Feeder and Stocker Cattle — Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 (800-1.500) „ „ Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Reeeipls, 800; Market, Steady. Lambs. 90 lbs. down, good and choice $ 7.25® 7.7a (90-110 lbs.) Good and choice 7.Off® 7.a0 igo lbs. downi Com. and med. 5.00® 7.00 —Ewes— Good and choice o Common and medium I.oo® 2.00 Other Livestock (Bv United Press) CHICAGO, Julv 13. Hogs Receipts. 13,000, including 6,000 directs; moderately active; 10 to lac higher than Thursday; 220-310 lbs., $4,904/5; top, $5.05; 170-210 lbs., $4,354/ 4.90 1 b light lights, $3.75® 4.25; pigs, $2,754/3.25; packing sows, $3,904/ 4.25: light lights, 140-160 lbs., good and choice, $3,504/ 4.35; light weight, 160-200 lbs., good and choice. $4.10® 4.90; medium weights, 200-250 lbs., good and choice, $4.75®5.50; heavy weights, 250-350 lbs., good and choice. S4.Bs<'/5.50; packing sows. 275-550 lbs., medium and choice, $3,504/4.35: slaughter pigs, 100-130 lbs., good and choice. $2,754/3.50. Cattle —Receipts, 4.500: calves, 2,500; including 2.500 and 1.500 calves on government account; steers and yearlings scarce; fully steady: no much change in sne-stock; bulls and vealers steady to weak; best 1,196 lb. steers. $8 25; yearlings. $8.15; around 825 lb., heifers, 57.25; selected vealers, $6. Slaughter cattle and vealers: Steers, 550-900 lbs., good and choice, $5,754/8.25; 900-1.100 lbs., good and choice. $64/9.25: 1.100-1,300 lbs., good and choice. 56.50®10.25; 1.300-1,500 lbs., good and choice, $7,254/ 10.25: 550-1,300 lbs., common and medium. $2,754/ 7 25; heifers, 550-750 lbs., good and choice, S5 25®7.25; common and medium, $2.25® 5.50; cows. good. $3,504/5; common and medium. 52.354/3.50; low cutter and cutter, $1,254/2.35; bulls (yearlings excluded), good (beef). $3.25(7/4; cutter common and mjdium, $2,254/3.65; vealers, good and choice. $4,504/ 6.25: medium. 53.504/4.50: cull and common. 52.504/3.50: Stocker and feeder cattle: Steers. 550-1.050 lbs., good and choice, $4 25®5 50; common and medium. $2.50®4.25. Sheep—Receipts, 7.000: lambs and yearlings largely 25c lower; spots off more particularly on lower grades: sheep steady; native lambs largely $7.50 downward: westerns held above $7.50: ewes. $1,504/2.75: slaughter sheep and lambs: Lambs, 90 lbs. down, good and choice. $74/7.65: common and medium. 554/7: ewes. 90-150 lbs., good end choice, $1 75®2.75: all weights, common and medium. 51.25®2.25. LAFAYETTE. Julv 13— Hog market, 10 to 25 cdhts higher 250-300 lbs., $4 90; 300-325 lbs, $4.75. 225-250 lbs, $4 85; 210-225 lbs, $4.85: 200-210 lbs, $4.70;; 190-200 lbs, 54.60; 180-190 lbs, CT.SO; 170-180 lbs, $4 40;: 160-170 lbs, $4.30; 150-160 lbs, 53.75. 140-350 lbs, 53.50: 130-140 lbs, 53.25; 100-130 lbs $2.25® 3; roughs. 54.25 down; top calves, $4.50, vearling lambs, $7; spring iambs, $74/ 1.50. (By Times Special* LOUISVILLE, July 13—Cattle—Receipts. 200. including 65; direct; slow, cleanup trade on light run slaughter cattle; generally steady at week's level; bulk common to medium steers and heifers quotable $3.50® 5; very little included of value to sell above latter price, but strictly good drvfed yearlings eligible to around $6.50: low qualitied grassy cutter steers and heifers mostly $2 25® 3.25; bulk plainer grade beef cows. $2.50®.3. good kinds and smooth heifer types to $3.50 and above: low cutters and cutters $1®2.25: most sausage bulls. $3 down; Stockers and feeders scarce and '<fchanged. Calves—Receipts. 475: market, steady: bulk better tealers, 54J4.50: strictly choice handyweights, $5; medium and lower grades, 53 50 down. Hogs—Receipts. 1.000; market 10c higher: 210-300 lbs, $5: 185-205 lbs, 54 80; 305 lbs. up. $4.30; 160-180 lbs . $4: 145-155 lbs, $3.65; 120-140 lbs, $2.25; sows. S2 75 Sheep—Receipts. 2.500: including 250 stock ewes: run mostly trucked in lambs, with three decks of rail lambs and two decks stock ew ’ included: lambs mostly 25c lower; p'..*;;.er grades off more better truck lambs, $5 75 to mostly $7 with most overnight . nd rail lambs. $7.25. some held higher: bucks discounted. $1: most light medium lambs, $5®5.50; bulk throwouts. $4.50 down: ft slaughter ewes mostly si®2. stock ewes salads mostly $5.50 ®

$1,640,000,000 Added to U. S. Live Stock Value

Estimated Average Market Price Up $2.20 Per Hundredweight. By l imes Special CHICAGO. July 13.—Approximately $1 640.000.000 was added to the market value of cattle, hogs, and sheep on American farms between Jan. 1 and June 30, 1934. according' to estimates made public j today by the institute of American meat packers. Os this figure, $1,394,000,000 was accounted for by cattle, $174,000,000 by hogs, and $72,000,000 by sheep, the institute said. The estimated average market price of cattle and calves at Chicago for the week ending June 30 was 57.45 per hundredweight as compared with $5.25 for the week ending Dec. 30, a gain of $2.20 per hundredweight, the report explained. The average weight of cattle is about 946 pounds, which would mean an increase of approximately $20.80 per head in cattle values or an increase of approximately $1,394,000,000 for the estimated 4)tal of 67.000.000 cattle and calves on American farms and ranches Jan. 1. Figures for hogs and sheep were arrived at by the same means, the government's estimates for the number of hogs and sheep on farms and ranches last January being 56.000,000 head and 52,000,000 head, respectively. These figures, the institute explained, do not include hog processing taxes of approximately $107,000,000 which were incurred by the packing industry during the first six months of the current year, an amount which is to be spent by the government in payments to those farmers co-operating in the hog-corn reduction program, and for purchases of hogs and pork for emergency relief purposes and in other ways to aid hog values. An improvement in consumer purchasing power and heavier demand for meat and meat products, coincident with a reduction in live stock marketings, was responsible for the upturn in values, the report shows. LIVE STOCK MARKETING FIGURES ARE REVEALED Total of 14,000,000 Head Handled During 1933, Report Shows. Bp Times Special MADISON, Wis., July 13.—More than 14,000.C00 head of livestock valued at more than $138,000,000 were marketed in 1933 through cooperative sales organizations owned and controlled by the livestock producers, according to J. D. Harper, editor of the National Livestock Producer. This represents 27 ’.■> per cent of all the livestock handled on federally inspected markets in the United States in 1933, Mr. Harper reports. Sixty-six per cent of the total, or 9.247,376 head, thus marketed were handled by the 24 selling agencies of the National Livestock Marketing Association, largest co-operative livestock marketing organization in the world, Mr. Harper announced. BANK DEPOSITS CLIMB Twenty-Three Western Institutions Report 8210,993,599 Gain. Bp Times Special CHICAGO, July 13.—Mid-year statements of bank in the far west are characterized by substantial gains in deposits, as indicated by an increase of $210,993,599 for twentythree of the largest banks in this region, according to a compilation in a weekly summary of western business by the Bank of America, Pacific coast branch banking institution. This gain in aggregate deposits of the largest far western banks represents a 7.4 per cent increase over figures for Dec. 31. QUOTES LOWER PRICES National Bellas Hess Distributes Mid-Summer Catalog. Bp Times Special NEW YORK. July 13.—The midsummer catalog of National Bellas Hess, Inc., New York and Kansas City mail order house, now being mailed to a selected list of 1.800,000 customers, quotes prices which will be the lowest of the year, according to Carl D. Berry, president. National Bellas Hess also reports 219,000 new customers for the first four months of 1934, as compared with 146,000 during the like period ! in 1933. On Commission Row —July 13Quotations below are average retail prices being* offered to buyers by local commission house dealers. Apples—Fancy Delicious. $2.50; Transparents. 52.50. Blackberries —16-qt. crate, $2. Cherries—Home grown. 16-qt. crate. $1.50 Oranges—California, Sunklst. $5.25® $5.50: Valencies. 55.50®6 Lemons—Sunklst, $6.25®6.75. Grapefruit—Florida seedless. $4.50®4.75. Raspberries—Southern Indiana black. 24-pt. crate. $1.50: red. $2®2.50. Cantaloupes—lndiana jumbos, 455, $24/2.50. standards. 455. $2.50: Honeyballs. 54.50. Pears—Calavos. $3.50 per box. ■Watermelons—Florida Watsons. 30-lb. averages. 75c. Bananas—Per pound. sVic. —Vegetables— Sweet Corn—Home grown, doz., 20c. Cabbage—Home grown, ousnei. 50®60c. i Celery—Michigan, flat boxes. $1.25; medium. doz.. 60c. Onions—Texas yellow. 50-lb. bag. $1.75. I Potatoes—Rural New York. 100-lb. bag. | $1 65; Idaho Russets, 100-lb. bag, $2.50; I new. barrel. $2.90. Sweet Potatoes—New Alabama, bushel ! $2.75. Beans—Round stringless. $1.50. Beets—New. 25®30c a dozen. Carrots —Home grown, bushel. $2: doz.. 35c. Cauliflow’er—Homegrown, bushel. $2.50. j Lettuce—Outdoor. 15-lb. basket. 85c: ice- j berg best. S4® 4.50 a crate Peas—California, ease. $3.50. Radishes—Ohio, 50 doz. bunches. 35c. Rhubarb—Home grown, dozen 25® 30c. Spinach—Home grown, bushel. 75c. Tomatoes—Hochouse. 10-lb. basket. $1: original Tenn.. 30-lb. lug. $2. CHICAGO FRUIT MARKET ißy United Press* CHICAGO. July 12.—Fruits and vegetable Apples—lllinois Transparent, sl® 3 bushel. Carrots—California. s2®3 crate; Illinois, bunch. 2®,2V 2 c. Cucumbers—lllinois 50c® $1 bushel. Tomatoes—Tennessee ’ $1.25® 1.50; Illinois, lugs 50®75c. Sweet Potatoes—Tennessee. $2 bushel. Mushrooms—lllinois 25®40c lb. carton. Peaches—Georgia. 60c4/$1.15*2 '.’i bushel'. Red Raspberries—Michigan. $1.25®1.75 <24 Dints: black raspberries. sl<S 1.35. Lettuce —California. s2® 2.50 crate. Beans—lllinois. bushel. 75c 3 *sl. Cabage—lllinois, 75c ® 1.50 <4O-75 lbs. i. Celery—Michigan. do® 65c crate. Onion marker <SO lb. sacks l : California Yellows. $1.1561.25: California Whites. SL9O. Declare 25-Cent Dividend Bp Times Special CHICAGO, July 13.—A dividend of 25 cents a share on the outstanding capital stock payable July 31. of record July*2l. has been declared by the Electric Household Utilities Corporation.

HUDSON.TERREPLANE SALES RISE SHARPLY Output in First Six Months Up 286.1 Per Cent. By Times Special NEW YORK. July 13.—Factory shipments of the Hudson Motor Car Company for the six months ended June 30. aggregated 65.810 cars, including both Hudson and Terreplane shipments, Roy D. Chapin, president, announced today. The total represents an increase of 286.1. per cent, compared with shipments of 23.002 cars reported for the corresponding period in 1933. In addition to being substantially larger thjm reported for the first half of i933, shipments to June 30 this year, Mr. Chapin added, far exceeded those of any similar period since 1930, when shipments totaled 87,172 cars. The half year shipments this year also exceeded the output for any full year since 1930 Retail sales during June recorded substantial weekly gains, each week of the month registering an increase over the previous week, Mr. Chapin stated. Sales for the final week of June were at the rate of 26.2 per cent greater than during the first week of the month.

Cash Grain

Indianapolis —July 12— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., shipping point, basis 411 2 New York rate, were; Wheat—Strong: No. 1 red. 83'/®B4'2C; No. 2 red. 82 I ,z®B3‘/3C; No. 2 hard, 82*2® 83 ' 2 c. Corn—No. 2 white. 57® 58c: No. 3 white, 56<//57c; No. 2 vellow. 52'z®53'zc; No. 3 yellow, 51* / z®s2'zc; No. 2 mixed, 51*z® 52'zc: No. 3 mixed. 50'z4i51*zC. Oats—Weak: No. 2 white. 41®42c; No. 3 white. 40® 41c. Hay—Steady; if. o. b. country points taking 23*zc or less rales to Cincinnati or Louisville 1 No. 1 timothy. sl3® 13.50. —lnspections Wheat—No. 1 red. 9 cars: No. 2 red. 47 cars; No. 3 red. 8 cars; No. 1 hard. 7 cars: No. 2 hprd. 5 cars; No. 1 mixed. 3 cars; No. 2 mixed. 4 cars. Total. 83 cars. Corn—No. 2 white. 1 car; No. 3 white, 1 car; l*{o. 2 yellow. 7 cars; No 4 yellow 1 car: sample vellow. 1 car. Total. 11 cars. Oats—No. 2 white. 3 cars. Total. 11 cars. 1 car. Total. 4 cars. Local Wagon Wheat City grain elevators are paying 81 cents for No. 2 soft red yvkeat. otner grades on their merits. (By United Press) CHICAGO. July 12.—Cash grain: Wheat —No. 2 red, 94V*® 96c; No. 3 red, 94® 94'2c; No. 1 hard, 97 3 *®9BV2C; No. 2 hard. 96®97‘zC; No. 3 dark hard. 96V*c; No. 4 mixed, 93*40; No. 3 red garlicky. 92 3 i® 93c. Corn—No 1 yellow. 61',2c: No. 2 yellow 60Viz®61 Vic; No. 3 yellow. 60*2® 60’4c; No. 2 white, 64 3 4®65c; No. 3 white. 64V*®.65c; sample grade white, 56®57'zc. Oats—No. 1 white, 49c; No. 2 white. 47c; No. 4 white, 44*/2C; sample grade white. 44c. Ryc- No sale. Barley— 85® 90c; quotable. 56® 94c. Timothy—s9.3s® 9.50. Clover seed $10.25614. Cash provisions —Lard, $7.05; loose. $6.37; leaf. $6.37; bellies. $9.87. ST. LOUIS. July 12.—Cash grain: Wheat —ln good demand, *z®lc higher on red and 2c higher on hard; No. 1 red. 93® 93'zc: No. 2 red, 92®'94Vzc early, and 92*4C at the close; No. 3 red. 91®94c; No. 4 red. 90®91c: No. 5 red, 89’ic; No. 2 red garlicky, 88® 88*2C; No. 3 red garlicky, 87',2® 88*2d sample red garlicky. 84'zc; No. 2 red smutty. 92c; No. 4 red smutty. 89Vic: No. 1 hard. 95V4®96‘ic; No. 2 hard. 95 ®9s*zc; No. 3 hard, 93*20; No. 2 light garlicky. 91®92c; No. 1 dark hard. 97c; No. 1 mixed. 92*2®94c; No. 2 mixed. 93*2 ®9sc; No. 3 mixed. 91r‘ Corn—ln fair demand. l®lVfec lower; No. 2 yrllov/, 61*2 ®62c; No. 3 yellow. 61c: No. 4 yellow. 6Cc: No. 2 white, 66c. Oats- In fair demand. Vic lower: No. 1 white. 47c; No. 1 red. 47c. TOLEDO, July 12.—Grain close: (Grain in elevators, transit billing 1 Wheat—No. 2 red. 93 1 2@94*2C. Corn—No. 2 yellow. 64®65c. Oats —No. 2 white. 47* 2® 48'ic. Rye—No. 2, 70 , .i®.71*,ic. (Track prices. 24'2C rate.) Wheat—No. 1 red, 90®90’2C; No. 2 red. 89® 89* 2C. Corn —No. 2 vellow, 59*2<’//60*2r; No. 3 yellow. 58* 2® 59'zc: No. 4 yellow. 57*,2®58'2C. Oats—No. 1 white, 45® 47c: No. 2 white. 44® 46c; No. 3 white. 43*2®. 45* 2 c. SEMI-ANNUAL DIVIDENDS DECLARED ON 4 STOCKS Distributors Group, Inc, Announces Trust -Share Distributions. Bp Times Special NEW YORK, July 13.—Distributors Group, Inc, today announced the semi-annual distribution, payable July 16, on North American Trust shares, series of 1958, will amount to 4.6 cents a share. A distribution of 4.6 cents a share also will be paid July 16, on North American Trust shares of 1955, and 4.8 cents a share, also to be distributed on July 16, will be paid on North American Trust shares, series of 1956. On cumulative trust shares, also sponsored by Distributors Group, Inc., the semi-annual distribution, payable July 16, will amount to 7 cents a share. 31 Cars to Be Air-Conditioned Bp Times Special CHICAGO, July 13.—Baltimore & Ohio Railroad Company has placed an order for air-conditionining thirty-one of its passenger cars with the York Ice Machinery Corporation. BE SAFE Iniur* Your Car Today stat ® Aut ° mobi,e Insurance Ass'n. Ll. 8571. 7th Floor. Q- ldrn(al Bldg.

Nat |0 a ,B?o^ 5 _ bv , us $3.43*2 Capital a

Investments and Investment Service Wm. E. Shumaker & Company, Inc. 1408 Circle Tower LI-8354

■Snu'eslment Securities Active Trading in General Market Securifiet Building and Loan Stocks Real E tale Prof. Slack* Municipal Bonds Investments Trusts Estate Bonds Bonds and Stocks df Indiana Corporations INDLANAPOLI* ,„ ri _ NEW YORK CONTINENTAL BUILDING MUNUIE RILEY 352f

.'JULY 13, 1934

GRAIN FUTURES UNSETTLED AS ’ TRADING EASES Influencing News Is Mixed: Rain Reported Over Part of Belt. BY HARMAN IV. NICHOLS Lniled Press Staff Corrrspi/iidrnt CHICAGO. July 13.—Influencing news was mixed today and opening grain prices on the Chicago Board of Trade were unsettled. Wheat opened : ' s cent lower to 1 * cent higher, corn was off I'* cents to *2 cent higher, oats Acre unchanged to " cent lower and rye was unchanged. Considerable rain was reported over part of the belt. Liverpool wheat was dull, tending upward, and Argentine reported unfavorable outlooAs for this year's yield. Chicago Futures Range July 13— Pi f v. Wheat— High. Low. 10 00 close. July 93' 4 .92 7 92 7 * .93 1 * Sept 94'. .94 94<j .94' Dec 96 3 s 95® 95 7 * 96'* Corn— Julv 58* .57® .57 7 .57® Sept 60 .59'* 59® .59', Dec 60 7 * .60 .60’ 4 60 3 s Oats— July 44 .4.7 7 .44 .44 Sept .44', .44', 44 ' z 44'* Dec 45', 45 *b ,45'e .45's Rve— July . .bj® .fU'ti Sept 89 ,88'r 68' .69 Dec 70 .69', .70 .70** Barley— July 57 Sept 54' CHICAGO PRIMARY RECEIPTS —July 12Bushels. Todav Last week. Wheat 1,056.000 651.000 Com / 576 000 278.000 Oats 500.000 100.000 NET ASSETS INCREASE Broad Street Investing Company Reports 520.22 a Share. Bp Times Special NEW YORK, July 13.—Broad Street Investing Company, Inc., reports net assets on June 30 were equal to $20.22 a share of capital stock outstanding in the hands of the public. On Dec. 31 net assets were equal to $17.71 a share of capital stock. Total income for the six months ended June 30 was $51,049.23 and net income, after all expenses and taxes, was $35,702.27. REPORT OUTPUT DROP Dome Mines’ June Production Total Declines to $601,004. Bp Times Special CHICAGO, July 13.- -Reported value of production of the Dome Mines in June, including premium, amounted to $601,004 against $712,648 for the like month of 1933. • Production value for the first six months of this year totaled $3,704,812, as compared to $3,001,959 in the first six months of 1933. The figures for June, 1933, include premiums earned, but not received in May, 1933. FIRM SUBMITS OFFER Haystone Securities Bid S6O a Share on National Surety Stock Bp 'Times Special CHICAGO, July 13.—Offer of S6O a share was made by the Haystone Securities Corporation, an investment trust, for 1,000 shares of capital stock of the National Surety Corporation. George S. Van Schaick, New York state superintendent of insurance, received the proposal and submitted it to the state supreme court for aproval. Banks Deposits Gain ’ t Bp Times Special CHICAGO, July 13.—Aetna State Dank reports a gain of 50 per cent in deposits since Jan. 12. the increase amounting to $570,000. Total deposits as of June 30, were $727,678.

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