Indianapolis Times, Volume 46, Number 56, Indianapolis, Marion County, 16 July 1934 — Page 8

PAGE 8

STOCK SHARES LOWER DURING DULL SESSION Rail, Liquor Issues Lead in Decline: Several at New Lows. BY ELMER C. WALZER I'nltfi Prr Staff Carrrspnndrnt NEW YORK, July 16 —The stock market slipped of! today in dull trading with losses ranging from fractions to 2 points. Rails were heavy from the outset with Atchison, Union Pacific, New York Central, Baltimore A: Ohio and other leaders showing declines of fractions to a point. This led to unsettlement of the entire industrial list with United States Steel around 39, American Can of! more than a point under 100. DuPont also off more than a point despite a good earnings report, and motors fractionally easier. Some selling came into liquor stocks this afternoon and National Distillers. American Commercial Alcohol and Schenley all made new 1934 lows, the first at 20%, the second at 30 : , and Schenley at 24 i. Utilities found some trading which floor operators said was switching. Cotton held about SI a bale higher while wheat, after an earlier firmness, slipped to a fractional loss. Money and Exchange INDIANAPOLIS BANK CLEARINGS —-July 14— Oartr.gi | 2 992 oqq.M) Debits 6.256.0n000 Ciearinjs for the -seek 15.668.000 00 Debus lor the week .. 36.832.000 00 FOREIGN EXCHANGE (Bv Abbott. Hoppin A Cos.) —July IEClose. fitrline England *s.os % Franc. France 0660 Lira Italv 0357% B-lrias B%glum 233.3 Mark. Germany .3838 Guilder. Holland 6773 Pc'-cta. Spain .1368'.j Krone. Norway .2534 Krone Denmark 2253 Yen. Janan 2930 Treasury Statement ißv Ciyted Press 1 WASHINGTON Julv 16.—Government expensca and receipt., of the current fiscal year to July 13. compared with the corresponding period of the previous fiscal vear: Expenses.. S 254.820,043 10 $182.814 207 52 Receipts... 126.156 220 01 76.390 267 30 Deficit ... 123.664 729 09 106 415.030 13 Cash balance.. 2.568 705 033 35 Investment Trust Shares <Bv Abbott Hoppln & Cos.) —July 14— Bid. Ask. American Bank Stocks Corp.. 1.12 1.17 Amer 6e General Sec A 400 5.50 Amer and Inv Tr Sh 1.75 .... Basic Industry Shares 3.15 .... British Type Inv Tr Sh 40 .46 Collateral Trustee Shares A> 462 Corporate Trust Shares to'.di 108 2.02 Corporate Trust Shares <new) 2 28 2.32 Cumulative Trust Shares 387 Diversified Trust Sh iAt 6 25 Diversified Trust Shares <P .. 760 780 Diversified Trust Shares iCI.. 3 00 3 05 Diversified Trust Shares iDi . 4 62 4.72 First Insurance S’k Corp ... .76 .86 First Common S'ock Corp ... .65 .70 Fixed Trust Oil Shares (At... 8 00 .... Fixed Trust Gtl Shares >Bi.. 680 Fundamental Investors. Inc... 1 95 2.15 Incorp-ira'or Investments —l7 SO 17.05 Land Bank Bond Shares 115 128 Low Priced Trust Shares 5.75 585 Mass Inv Trust Shares 18 68 20 30 Nation Wide Securities 332 3.38 North Am Trust Sh |s3> .. 1 84 North Am Trust Sh >55-56).. 231 2.35 North Am Trust Sh (58t 2 20 2.33 Selected American Shares ... 251 Selected Amer Shares. 1nc.... 1 17 1.26 Selected Cumulative Shares... 6 56 Setee'ri Income Shares .... 330 375 %'d Amer True Sh (A* 288 202 Trust Shares of America 2 72 2.77 Trustee Sfd Oil tAi 545 550 Trustee S'd iOl ißt 502 5 12 U S Elec L’ A- Pur (A) 12 50 12 75 Universal Trust Shares 295 3.00 New York Bank Stocks ißy Abbott. Hoppln <fc Cos.) —July 14Bid. Ask. Bankers fit 1 * 55'* Brooklyn Trust 98 102 Central Hanover 120V* 130 Chase National 20 29 1 , Chemical 41 1 * 41% National City 28 28% Corn Exchange 53'* 53% Continental 13 13' * Empire .. 19 V* 19% First National 1.860 1.660 Guaranty 368 370 Irving 17 i7' Manhatten & Cos 30 30% | Manufacturers 22% 22', New York Trust 105', 106%, Public 33% 34% | u. s."approves state CORN-HOG CONTRACTS First Payment Checks Received in Several of 48 Counties. W. H. Settle, president of the Indiana Farm Bureau. Inc., announces that forty-eight counties in the state already have their corn-hog reduction contracts approved at the national offices cf the Agricultural Adjustment Administration, and that most other counties in the state have their contracts in readiness to be approved within the next few days. Several counties already have received their first payment checks, according to Mr. Settle. A few counties, unable to shape up contracts will receive assistance from state committee, Mr. Settle said. A total of approximately $18,000.000 to $20,000,000 in addition to the extra amount that should come from an advance in hog prices will be brought into the state through the corn-hog program, it is estimated. U. S. DOLLAR STEADY AT LONDON MARKET British Pound Value Unchanged at $5.93 ' * in American Money. By United Prcss LONDON, July 16—The dollar was steady today. The pound was ss.o3'*. Gold was $34.75 , a a fine ounce, down l - cents, with sterling 137 shillings ll’j pence, down % penny. The pound was also s3.o3'* when Saturday’s price waj fixed. PARIS. July 16.—The dollar was steady today. Francs were 15.15% to the dollar 6.598 cents a franc). ORDERS SHOW DECLINE Baldwin Locomotive Works June Business Totals $1,166,000. CHICAGO. July 16. —Baldwin Locomotive Works, June orders amounted to $1,166,000 as compared to $2,341,000 for the month of May and $1,368,000 for like month of the; previous year. First half bookines totaled $11,149,000 against $4,140,000 for the like period of 1933. Unfilled orders of the company in June amounted to $8,634,000 as compared to $4.338000 on Jan. 1. and $3,284,000 on June 30. of last year. Brokers' Loans Decline gy Tim(t Special NEW YORK. July 16—Brokers' loans during the week ended July 11 declined $10,000,000 to $1,059,000,000. qrhila nonbroker.'' loans were increased )J! $11,000,000.

—New York Stocks — ~~~“ — “” 1 ~~~ Bv Abbot) Hoppin A Cos

AVERAGE STOCK PRICES FOR SATURDAY Net High. Low. Close, change. Thirty industrials 99.20 98.77 99.02 -.20 Twenty rails 43.27 23.09 43.11 -.16 Twenty utilities 23.28 23.20 23.24 —.07 Forty bonds •••• 95.48 v.lB Ten first rail.* .... 102.80 —.ll Ten second rails .... 81.85 -.03 Ten utilities .... .... 99.29 -.05 Ten industrial* •••• .... 97.97 —.03 -Off. -Up.

—July 18— Fr*v. Oil*— High. Low. in no. close. i Au Rtg as% Barturtal! 7% 7% ! Consol OH M | Con’ of D-! 19 * 20 , Houston i new i 3', M:d Cont Pet . -2% Ohio OH 11 10’. il 11 I Pv Corp }2' 2 ‘ Phillip- P<*t i”% i Plymouth Oil 11', Pur* O 9 • Sbd Oil 32 2 . lih 18 j S O of Cal 34 1 . • 8 O of N J 85', 45% ■ Sun 0:1 82'* ; rexas Corp 24% 24', Tidewater A’tn. .. ... 11% 11% Un Oil of Cal .. .. ... 16% 16 * Steel*— Am P.o ! Mlllla. 19 19% Beth Steel ... 32'* 33 I ..and s-eel 38 ( Steel Rep Iron At Steel 16 * Rep I A- Stl pfd 47 U S S’eel 39% 39 * U S S eel pfd 85' Youngstn S A: T 21 Motors— Auburn •• ••• 24' Chrysler 40', 41 . Gen Motors 31 * 32 Graham Mot... .. , * Hudson 9’* 9'a I Mark Truck 25 . Nash Packard ••• 3 2 3 " Studebaker 4 s Yellow Truck 4% Motor Access— Bendix 14% 14 , H’. ... Bohn Alum ••• 58 . 08 Borg Warner 22 3 Br.ggs 16 l7 Budd Wheel 3 Elec Auto Lite 22 Houdallle A 3* Murrav Bodv Stew Warner 8 Timken Roil 30 30 * Timken Det Axel.. ... 64 6 * Mining— Alaska Jun .... 22' 22% 22% 22% Am Metals • 23 Am Smelt 42 43 Anaconda 14 a 14 2 Cal A Hecla • • • 4 Cerro De Pasco 42 a Dome Mines 44 4 Howe Sound 56 afi 4 Ins Copper 4’ a••• lnt Nickel 26’8 26 a I.sl Creek Coal . .. . • 29 ’4 Kennocott Cop. 21% 21% 21% 21 a Mclntyre Mine 49.* Noranda Cop ... 4* 44 Park Utah ... 4 4 Phelps Dodge U S Smelters .. 139 138% 138% 139 Vanadium ••• 21,4 A m linemen tv— Fox Thca ... ••• 12 ’a Loews Inc ... 27’, .8 Radio Corp 6 s * 6% RKO ?% Warner Bros ... 4 T ia 41* 4 4 4% Tobaccos— Am Pnufl 61% Am Sum Tob 20 Am Tobacco B 78% Ligc A- Myers B. 97 97% Loiillard 18% Reynolds Tob B. .. ... 45% 4o a oils— Atchison 61' 2 62 Atl Coast Lines 36% 36 B A O 22% 22% Can Pac ... 14 14% Ch A- Ohio 47 46% Chi A C.t W 3 Chi N W 8 Dela A Hud 52% Del Lac AW..... ... ... 22% Erie 18% 18% Gt North pfd .. .. 21 Lou A Nash .... 50 49% 49% 50 Mo Pac pfd ... 5% N Y Cent 27% 28 N Y New Haven .. 14'a Norfolk A Wes. . . 185 Nor Pac 22% 22% 22% 23% Penn H R 29% 30 Sou Pac 23% 23% 23% 23% Sou R R 20 20 Sou R R pfd .22' 2 Union Pac 120 West Marvland 11% Louipments— Allis Chalmers .... 15% Am Brake Shoe , 26% Am Car A- Fdvl 21% 21% Am Car A Fd pfd 43% Am Steel Fdv -- }7 Bald Loco 10% 10% Burroughs ... • 13% Care J I 57% 51% Cater Tract 26% 26% 26% 26% Deere A Cos ... ... 21% Elec Stor Bat ... • 43% Oen Elec 20% 20% Gen R R Sig 35 Trsgrol Rand ••• 59% 60% lnt Bus Mach.. .. ... 341% lnt Harvester ;3'a Natl Cash Reg. .. ... .■ 17 Pullman Inc 48 Rem Rand . • ■ • I°% Westlngh Elec .. 36% 36 36 37 Utilities— Am A For Pwr 8 Am Power A Lit .. ... ••• p t A T A T 114% Am Wat Wks 19% 19"s Col Gas A Elec. 10’, 10% 10% 11 Com A Sou 2% 2 2% 2% Consol Gas • 33 32’* 33 33% Elec Pw r A Lit 5% E P A L pfd 12 lnt Hvdro Elec ... ... ••• *■% lnt T A T 12% Nat Pwr A Lit 9% 9" North Amer . 16% 16% Tac GA- E 17% 17 17 .7% Peoples Gas ... ••• 31 Pub Serv N J 35% 50 Cal Edison 16% S:d Gas 10 10% Std Gas pfd 10% Stone A Webster 7% United Corp 5 5 Un Gas lain l’u Ut Pwr A- Lit A ■ 2% Western Union 43 43% Rubbers— Firestone ....... ~ 17 Goodrich 12% 12% On Commission Row —July 16— Quotations below are average retail prices being offered to buyers by local commission house dealers. Apples—Fancy Delicious. $2.50: Transparent s. $1 50'S 2.25. Blackberries— 24-qt. crate. $2 50. Cherries—Home grown. 16-qt. crate, 51 35. Oranges—California Sunkist. $5115.50: Valencies, *4 504,5. lemons—Surkist. $6 2517 6.75. Grapefruit—Florida seedless. $4.50. Raspberries—Southern Indiana black. 24-ot. crate. $1.65: red. s2®? 50. Cantaloupes—lndiana jumbos, fla’s. 90c ’,l 10. standards, flats. 75c -/ 51.75; Honeydews. $3.75. Tears—Caiavos. $3 50 a box. Watermelons—2s® 75c Bananas—A pound. sc. —Vegetable*— Swept corn—Home grown, doz . 25c. Cabbage Home growns. bushel. 85c. Celerv —Michigan, flat boxes. 51.25. med.i.m. dob . 45c. Onions—Texas yellow. 50-lb bag $1.75. Potatoes—Rural New York. 100-lb. bag.. $1 65; Idaho Russets. 100-lb. bag. $2.25; new. barrel. $2 90. Sweet potatoes—New Alabama, bushel. $2 50. B°ans—Round stringless, hampers. $2. Bee's—New. 25® 30c a dozen. Carrots—Home grown, bushel, $2; doz., 25ii 40c Cauliflower—Homegrown, bushel. $2 50. Lefxe—Outdoor. 15-lb. basket, 85c: iceberg best. $3.75 a crate. Pea;—California, case. $3 25. Radishes—Ohio. 50 doz. bunches. 50c. Rhubarb—Home grown, dozen. 30c Spinach—Home grown, bushel. 30c. Tomatoes—Hothouse. 10-lb. basket. SIS 1 25; original Tenn., 30-lb. lug $2. CHICAGO FRUIT MARKET >Bv United Press) CHICAGO. July 16— Fruits and aegcablc- Apples—lllinois transparents b.-hf\ $17175. Cucumbers bushels. 50 • 75c. Carrots California era'--; $2 75 :3: Illinois bunches 3 n 3%c. Tomatoes Tennessee li:y 75c $1 50: no < flat lugs i 7sc Sweet Potatoes - Tennessee rushel. sl. 2 Mushrooms— Uhnoi* pound car'ons, 154735 c. Peaches— Georcia % bushel, 50c,r SI. Red Raspberries —Michigan 24 pints. Sin I.SO. black raspberries 75c *; $1.35 Lettuce—California crate- $2 : 2 25 Beans—lllinois bushel creer.. Tac -1 $1.25 Cabbage cra-es $1 150 Celerv—Michigan crates. 40- 1 60 c. Cherries Michigan 16-quart cr.ve; fin ,51 Canteloup—lndiana cra’es. 75c $1.50. IHmcis small crates. 75c •: sl. : llnoia flat box. SO 75c Onion Market • 50-!b sacks’—California. Yellows SI i 1 35 Cakfo-r.:a Whites. 51.75. Washington. Valencias. 85 -i 90c. OHIO EMPLOYMENT DIPS June Total 1.3 Per Cent Below Corresponding 1933 Month. By 1 -met Spfcial COLUMBUS. 0.. July 16—Ohio industrial employment during June fell 1.3 per cent, but still was 25 per cent above the figured employment for June, 1933. it was reported by the bureau of business statistics of the Ohio State university. An increase of 35.9 per cent for the first half of this year was shown above the corresponding period a year ago.

U S Rubber 17% .. . U S Hubber pfd .. ... 43 Misccllanpous— Am Bang Note 20% Am Can . 100 101% Brkivn Man Tr 41', 41 41% 42 iComi Can 81 I* Crown Cork ... ... 25% Curt:* Pub pfd .. . 81% Eastman Kodak 99 Oil’ette . .. 11% IP. 11% 12 | Gliddcn . 25% 25% 25% 26 i Ravbestoi Mfg . . 17 NFnod*— ] Am Sugar ...... . . TO 1 . 72 : Armour A V* 5 % I Beatrice Cream 16% 16 1 , 16 1 , 17 Bordon Prod . 28% 28 28 28% CORN GRIND IN U. S. DECLINES Total for First Six Months Is 6,737,709 Bushels, Off 15 Per Cent. IS II I liiifj icri'il NEW YORK. July 16.—The domestic corn grind of eleven refiners for the month of June, as reported by the Corn Industries Research Foundation, amounted to 6.737,703 bushels bringing the total domestic grind for the first six months of the current year to 31.035,502 as compared with 36,567.455 for the corresponding six months of 1933, a decrease of 15 per cent. The foundation reports that the June, 1934 grind represents the peak grind of this year up to the present time and probably reflects a general anticipation of price increases. While the figures are substantially above the June, 1933, grind of 5.152,612 bushels, the latter figure represented a reaction from the abnormally heavy spring grind of that year and any comparison should include a consideration of these changed conditions. Within the industry, says the foundation, the trend of this year’s grind is still viewed with dissatisfaction and serious forebodings as to the continued effects of foreign competition in the starch market, where department of commerce figures for the first five months of this year show duty-free imports of 89,000.000 pounds of foreign starch materials, an increase of more tiian 40 per cent over the same period last year. Produce Markets Delivered In Indianapolis prices; Heavy hens. 10c Leghorn hens. 7c 1934 broilers, 2 lbs. and over, 16c; Leghorn broilers 1% to 2 lbs. and over. 14c bareback broilers 11c; old roosters. 4c; ducks and geese. 3c: young guineas. 1% to 3 lbs., 20c: old guineas. 15c: No. 1 strictly fresh country run eggs, loss off 11c. Each full case must weight 55 lbs. cross: a deduction of 10 cents a pound for each pound under 55 lbs. will be made. Butter—No. 1, 27 4i2Bc: No. 2. 25D26c. Eutterfat, 20c: Quoted bv Wadlev Company. (Bv United Press) CHICAGO. July 16.—Eggs Market, steady: receipts, 8.686 cases: extra firsts. 16%c; fresh graded firsts. 16%c; current receipts. 13%4i14%c; dirties no 1, 12%c; No. 2, lie; checks No. 1,12 c; No. 2. 11c. Butter—Market, steady: receipts. 12.058; extra firsts i9O-91% score’. 22%U22%c: extra t 92 score’. 23%c; firsts 1 88-89 1 2 scoret. 21% % 22c; seconds 1 86-87’ 2 score), •20i?20%c; specials. 2424%c: standards. 23 %c. Poultry—Market, steady; receipts, 26 ’rucks. 1 car. 1 car due. Leghorn hens, 8%0 91%-c; fryers. Plymouth Rock, 81c; colored broilers. 20c; White Rock. 22c; spring geese, lie; turkeys, 14c o id roosters 9c: Leghorn broilers. 1% lbs.. 14c: over 1% lbs.. 13c: ducks. 4’ • lbs., 10c; spring. 13c; colored springs. ITT23c; rock. 23%c; hens, under 5 lbs.. 12c; black chicks. 14iil5c; cocks. 9c Cheese—Twins. llQllHc: longhorns. ll%li ll%c; daisies, 11%'nll V.'. Potatoes—Supply heavy; demand and trading slow: market, weak. Cobblers—Virginia $1,201/ 1.25. showing decay. SI.IOI/1.15, reconditioned, 51.301i 1.35: Triumphs. Idaho. SI 501/1.60: Louisiana showing decay. SI.IO 1/1.30: barrel Cobblers Virginia. 5217 2.20. Arrivals. 195, on track. 527. shipments Saturday. 936. Sunday. 41. NEW YORK. July 16—Potatoes, easy: Long Island. S2 bbl.; New Jersey. 51.75 // 2 bbl.: Southern, Sli/1.75 bbl.; Maine. sl4/1.15. Sweet Potatoes—Quiet; Jersey hasket, Sli/2.25; Southern basket. 75c 1/ $2.75 Fiour— Strong: springs: patents. $7,154/7.40 bbl. Pork—Steady. Mess—--519.75 bbl. Lard—Firm. Middle West Spot —54.804i 490 a 100 lbs. Dressed Poultry— Quiet; turkeys. 12''/27e: chickens. 94/28c: broilers. 174/ 23c: capons. 254/35c; sow ls, 10 4/18c: ducks. 121/14r, Long Island ducks, 124/15c. Live Poultry—Dull; geese. 7c: turkeys, 101715 c: roosters. 91/11c: ducks. 8 4/11c: fowls. 131/16c: broilers. 15i/25c. Cheese—Weak: state whole milk fancy to specials. 184/19c: Young America, 13%ii 14c. Butter—Receipts. 7.395 packages; market irregular: creamery higher than extras. 24%1/25c: extra 1 92 score) 24r: first ’9O to 91 score 1. 23%4/23%c: first 188 to 89 score. 22'%/22 %c: seconds. 21% 4/ 22c. Eggs—Receipts. 15, 253 eases; market, firm: special packs including unusual hennerv selections. I9i/22%c: standards. 18%if 18%c: firsts. 16%4/16%c; seconds. 15 '/15%c. mediums. 14’-4/15c; dirties. 14% i/15c; checks. 13% 4/14c. GROSS REVENUE HIGHER' . Peoples Gas Show Total Income of $2,698,508 in May. By Times Special CHICAGO. July 16.—Gross revenues for May of the Peoples Gas Light and Coke Company were, $2,698,508 as compared with 2,601,614 for the corresponding month a year ago. Net income after depreciation, interest, taxes, etc., totaled $107,861 against $296,653 for May, 1933. Gross revenues for the first five months of current year amounted to $14,384,652, compar to $13,022,698 for the same period of last ye?l- - EXPORTS DROP U. S. Ships 459.000 Bales Valued at $28,487,000 During June. Bn L nited Press WASHINGTON. July 16.—Raw cotton exports by the United States during June totalled 459.000 bales! valued at $28,487,000 aeainst 235.000 bales valued at $17,298,000 in May, the Bureau of Foreign and Domestic Commerce reported today. Tins was a decrease of 126.000 bales and $512,000 in value compared with June. 1933. Insurance Writing Climbs. By Times Special CHICAGO. July 16.—An increase of 163 per cent in new life insurance writing during the first half of the current year is reported by the A~”'ciation of l ife Insurance Presidents New policies amounted to' $4,419 687.00. against $3,826,444,000 for the like period last year. Reduce Bank Loans. By J iinri Special CHICAGO. July 16.—Internaional Telephone and Telegraph Corporation and associated companies reports bank loans amounting to approximately $31,000,000 as of June 30. compared with $34,500,000 at the end of 1933 and $40,500,000 at the end of 1932.

1 fib lA UIA IN ArUJuio 1 IAH-id

Oil Parking .. 34', 33% 3.1% 34% 'Can Drv G Aie 20% Corn Prod 69 69 Crm of Wheat 37% Cuban Am Sugar .. ... 8 8% Gn Food* 31% 31'* Gold Du.st 19', G \V Sugar 31% 35% Uerahev . 67’, lnt Salt 31', 31% 31% 31% ; Loo-e W:les 44% Natl Biscuit , 35% : Natl D Prod 18% 18', ’ Purity Bak 13% S Por R:c Sug 37', 37', Snencer Krilog . 23’, 23’, S’d Brands . . 21 20% 20% 21 United Fruit 72% Retail Stores— Ass Drv Good* .. ... ... 11% First Nat Stores .. ... ... 68 G:mbel nfd .. Hahn Dent Sts 5 : Kresge S S 19% 19 % ’Kroger Groc ... 31% ! Macv R H 41', 41% 41 I Mav Dent St .. 39’, Mont Ward . .. 28% 28% 28% 29% Natl Tea . . 10% 11 Pennev J C .... ■ 62 Safeway St ... 51% 51 51 51% Sear* Roebuck ... ... 44% | Woolworth 50% 50% A Aviation— Aviation Corn 5% 5% Curtiss Wright 33 ! Curtiss Wrt "A” 914 I Dougiass Air 19% . Nor Am Av 4% Snrerv Corn 8% 8% United Aircraft . . ... 18% 18% Wright Aero ... 50 51 Chemicals— Allied Chem 136% Am Com Alcohol .. ... 31% Com Soiventz .... ... 22% 22 Dupont • 92% 93 Freeport Tex .. 33 32”, 33 32”, Math Alkali 32% . Montosonta Ch 54% Natl Dis inewi 21% 21% 21 = 4 21% Schenelev Dist • • 26% Tex Gulf Sulph 33% 33% 33 s , 33 Union Carbide .. ... . 45 U S Indus Alco 42% 42% Drugs—- ’ Co’y Inc 6 5% L Hubert 26% Un Drug 14% Zonite Prod 5 | Financial—i Adams Exp 8% I Allegheny Corp 2 I Am lnt Corp I Transamerica 6% 6% jTr Conti Corp 5% 4% j Building— Am Radiator ... 14% 14% Johns Manville 54'* 55% Libby Owens Gls 32 31% Ulen Const 2 Household— Col Pal Peet 15% 15% Congoleum 28 23 Kelvinator 13% .. Mohawk Carpet ... 17% Proc & Gamble ... 36% Simmons Bed 15% Textiles— Welding Hem ... ... 12% ■ Celanese Corp .. 26% 26 26 26% Collins Aikman .. ... 14% 14% Indus Rayon '5% 25% Kayser Julius 16% ... New York Curb (By Abbott. Hoppin & Cos.) —July 14Close.| Close. Am Cyanide B 20% Humble Oil .. 43% Am Superpower 2% tnt Petrol 27 Atlas Corp ... 10% Lake Sh Min .. 55 Cities Serv . . . 2% Lone Star Gas . 5 ComweaUh Ed. 56% Ntl Bellas Hess 3% Cord Corp 3% Via Hud Pwr.. 5% Creole Petrol.. 12 Pen Road 2% Deere & Cos . 21% 5t Regis Paper. 2% Distillers Corp. 14% Sal Crk Prod . 6% Dow Chem ... 73 Sherwin Wms.. 71% SI Bd A; Sh... 14% Std of Ind 27 Fisk Rubber .. 9% 3td of Kv 16% 3en Aviation 4% Technicolor Ind 13 Glen Alden Cl 24 Un Gas 2% 3ulf Oil of Pa. 64%:Un Pw & Lt "A” 2% rliram Walker. 32% ; vVr Harg Min.. 9■;* 4ud Bva Min. 13%'

Chicago Stocks By Abbott, Hoppin & Cos.) —July 16High. Low. 11:00. Butler Bros 9% 9% 9 s a Central 111 Securities pfd 7% Chicago Corp., Com ... 3% Chicago Mail Order ...... ... 12% Cities Service ... 2 Cord Corp 3% Crane Cos 9' a Marshall Field Cos 14% General House Util .... 10 9 9% Godchaux “B'’ 8% 8% 8% Iron Fireman .• , 15 Kingsbury Brew Cos ... 2% 2% 2% Libby-McNeil ... 5% Prima Cos • • • 3 Public Service N P • 17% Swift & Cos 18% 18% 18% Swift International ... 33% Thompson. JR . • • Zenith Radio ••• 2%

Bond Prices By Fenner & Beane

—July 16High. Low. 10:00. Alleg Corp 5s ’SO 36% A T * T db 5s ’65 111% 11 11% Atchison Gen 4s ’95 ...106 1057s 105% B & O cv 4%s ’6O 64% Beth Steel 5s A ’36 ... 103% Brazil 6'.is (26) ’57 25% Can ac 4s ’57 85% 85 85V* CMStP&P adj 5s A 2000 12 11% 12 C M St P & P rs 5s A ’75 37 36% 36% Cons Gas N Y 4%s ’sl 105% 105 105 Erie R R rs 5s ’67 74% Goodyear 5s ’57 ... 102% Gt Nor 4%s D 76 78 Gt Nor 7s A ’36 957* Interboro R T 5s ’66... 74'/4 74 74% lnt T & T db 5s '55 . 65% McKess & Robb 5%s ’SO 84 83% 83% Nat Dairy db 5%s '4B . 99% 99% 99'% N Y Cent 4%s O 2013.. 76 75 % 75% Nor Am 5.s '6l ... 91 Pac Gas & El 5s A ’42 106'* Para Pub 5%s ’SO ... 47% Poland 7s ’47 113":, Shell Un Oil 5s ’47 99% Texas Corp 5s '44 103% Un Pac Ist 4s ’47 107", 107% 107% U S Rubber 5s A '47... 86% 86 86 Vanadium 5s ’4l ... 82% Western Un 5s ‘sl 88% U. S. GOVERNMENT BONDS (By United Press) NEW YORK, Julv 14.—Closing liberties. (Decimals Represent 32nds.) —Liberties— Fourth 4%s (33-38) 103.25 —Treasury—4',S. 3'is 1 455) 104.18 4%s (47-52) 113.26 3% s (431 105.14 3%s (46-49) 103.10 39 (51-55) 102.9

FEDERAL FARM LOAN BONDS (By Blyth & Cos.. Inc.) —Julv 1 ElBid. Ask. 4s Julv 1. 1946-44 100% 100% 4s Nov. 1. 1957-37 99% 100'% 4s Mav 1. 1958-38 99% 100", 4%s July 1. 1956-36 100% 100% 4%s Jan. 1. 1957-37 100% 101 4%s Mav 1. 1957-37 100% 101 4 1 1 s Nov. 1 1058-38 101 102 1' .a Mav 1. 1942-32 100% 100", 4' -s Jan. 1, 1943-33 99'% 100' ~ 4%s Jan. 1. 1053-33 99% 100% 4'-s July 1. 1053-33 99% 100% 4'tS Jan. 1. 1955-35 100", 100% 4%s Jan. 1. 1956-36 101 102 5s Mav 1. 1941-31 100":, 101% 5s Nov.' 1. 1941-31 100% 101% —Home Loan—--3$ Mav 1. 1952-44 10031 101.2 4s Julv 1. 1951 101.4 101.7 —Federal Farm Mortgage Corporation—--3%s March 15. 1964-44 ... 102.14 102.18 The latter three quotations are in thir-ty-seconds. FIRM REVEALS ASSETS American International Corporation Announce 519,662,296 Total. By Times Special CHICAGO, July 16.—Assets report of the American International Corporation shows assets of June 30, of $19,662,296. or $1,422 a SI,OOO principal amount of debentures outstanding or a liquidating value of $5.79 a share for the common stock. This is in coir '-on of 51.438 a SI.OOO of debentures and 56.70 a share for the last asset statement on March 31 of this year. Offer City of Boston Bonds By Timm Special CHICAGO, July 16.—Offer of $3,000,000, City of Boston, Mass., temporary loan notes to yield 1.20 per cent, dated July 16, of this year, and maturing Nov. 26, of this year, is being made by Halsey, Stuart & Cos.. J. & I*. Seligman & Cos., Hemphill. Noyes & Cos.. Darby & Cos., G. M. P. Murphy 6c Cos., and R. F. Griggs Company. Aircraft Manufacturing Off Bn United Press WASHINGTON. July 16.—Manufacture of aircraft and parts in the United States during 1933 totaled $24,601,866. A decrease of 47.7 per cent compared with 1931, when the survey was made, the census bureau announced today.

SWINE MARKET SNOWS UNEVEN TRENDJN CITY Two-Way Trading Effected; Vealers, Sheep Drop; Cattle Steady. A two-way hog market was in effect as trading opened at the Indianapolis Union Stockyards today, weights from 27p pounds down seeing 10 to 15 cents higher than the previous session and weights above 275 pounds selling mostly 15 cents lower than the previous mark. Receipts totaled 6,000 and holdovers numbered 123. Weights between 200 and 275 pounds were being offered at pyces ranging between $4.95 and $5. the latter bein" the top for best of the kind. Heavier weights ranged between $4.75 and $4.90. Medium weight swine were priced at $4.75 to $4.90 and light weights at $3.75 to $4.25. Light lights sold at $2.65 to $3.40 and packing sows ranged between $3.50 and $4.25. Cattle receipts totaled 900 with the general trade steady on all classes. A few steers held around $4 and $6.50 and best heifers continued to hover around the $6.50 mark. Low cutter and cutter cows were being quoted at $2.50 to $4. The vealer market dropped 50 cents, placing it at the same point as when trading began last week, the bulk selling at $5 down. Receipts totaled 600. Sheep trading also showed a decline. being 25 cents lower than last Friday. Good ewe and wether lambs were quoted at $7.50 with bucks selling for $1 less. Throwouts held around $5 to $6. Hog receipts at Chicago totaled 27,000, including 12.000 direct. Holdovers numbered 1,000. A few early bids were around steady with Friday’s average of $5 down. Cattle receipts were 16.000 and calves receipts 2.000. The former included 5,000 government stock. The market was generally steady to weak. Sheep receipts totaled 11.000 and the market was steady to weak. July Bulk. Top. Receipts. 10. $4.75® 4.90 $5.00 6,000 11. 4.75® 4.90 4.95 6.000 12. 4.751/! 4.90 4.95 4.500 13. 4 851/ 5.00 5.00 7.000 14. 4.8543' 5.00 5.00 2.000 16. 4.75@ 5.00 5.00 6,000 Market Hieher. (140-160) Good and choice....s 4.00® 4.25 —Light Weights— H6O-180 Good and choice ... 4,75® 4.80 (180-200) Good and choice ... 4.85® 4.90 —Medium Weights—-(2oo-220) Good and choice 4.95@ 5.00 (220-250) Good and choice ... 5.00 —Heavy Weights—-(2so-290) Good and choice. 4.90® 4.95 (290-350) Good and choice ... 4.80@ 1.90 —Packing Sows—(2so down) Good 3.85® 4.25 (250 lbs. I Good 3.75® 4.10 (All weights) Medium 3.50® 4.10 —Slaughter Pigs—-(loo-1301 Good and choice ... 2.65'33.15 CATTLE Receipts, 900; Market, Steady. Good and choice $ 6.50® 9.00 Common and medium 3.00® 6.75 (1.100-1,5001-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 (750-900) Good and choice 5.25® 7.00 Common and medium 2.50® 5.25 —Cows— Good 3.25® 4.00 Common and medium 2.254/; 3.25 Low cutter and medium 1.25® 2.25 Bulls (yearlings excluded) Good (beef steers) 2.50® 3.50 Cutter, common and medium.. 1.50® 2.50 VEALERS Receipts, 600: Market, Lower. Good and choice $ 4.50® 5.00 Medium 3.00® 4.50 Cuil and common 2.00® 3.00 —Calves— Good and choice 4.50® 5.50 Common and medium 2.50@ 4.50 —Feeder and Stocker Cattle — Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 (800-1,5001-Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, 700; Market, Lower. lambs. 90 lbs. down, good and choice . . . . $ 7.25® 7.75 (90-110 lbs.) Good and choice 7.004/: 7.50 (90 lbs. down) Com. and mcd. 5.00® 6.50 —Ewes — Good and choice 2.00® 3.00 Common and medium I.oo® 2.00

Other Livestock (By United Press) CHICAGO, July 16.—Hogs Receipts. 27.000, including 12.000 directs: weights above 220 lbs., early, steady with Friday; others. 10c higher: 210-310 bs.. $4,904/5: top. $5; 170-200 lbs., $4,504/ 4.90; light lights, s4l/4.50; pigs, $34/3.50: packing sows, s4l/4.35: light lights. 140-160 lbs., good and choice. $3,754/ 4.50; lightweight. 160-200 lbs., good and choice. $4.25® 5.50; medium weights, 200-250 lbs., good and choice, $4,354/5: heavyweights. 250350 lbs., good and choice. $4.854/a: packing sows. 275-550 lbs., medium and choice, 53.5047 4.40; slaughter pigs. 100-130 lbs., good and choice, $34/3.75. C.Vtle —Receipts, 21.000. Calves. 4.500; s.Of’) cattle, 2,500 calves on government account; better grade fed steers with weight, easy: all long yearlings and light steers ana light heifers and mixed yearlings, steady; latter class fairly active; also active and fully eadv on common and medium grad/- • "rs: kinds selling at $6 50 downward: omparatively little here above $8.50; best held around $10: other killing classes uneven, mostly steady with vealers weak to 2oc lower: approximately 1.500 grass cattle in run. Slaughter cattle and vealers: steers. 550-900 lbs., good and choice. $5,751/ 8.25: 900-1.100 lbs., good and choice, s6l/9.25: 1.100-1.300 lbs., good and choice. $6,501/ 10.25: 1,300-1.500 lbs., good and choice. $7,254/10.25: 550-1.300 lbs. common and medium; 52.75®7.25: heifers. 550-750 lbs., good and choice. $5,254/7.25; common and medium. $2.25® 5.50; cows, good. $3 501/5: common and medium. $2.35 1/3.50; low cutter and cutter. $1,251/ 2.35; bulls (yearlings excluded), good ibeeft. $3.25® 4; cutters, common and medium. $2.25® 3.75: vealers. good and choice, $4.50 4/6: medium. 53.504/4.50; cull and common. 52.50® 3.50. Stocker and feeder cattle: Stockers. 550-1,050 lbs., good and choice. $4.25'/5.50; common and medium. 82.501/ 4.25. Sheep—Receipts. 11.000; slow: lamb undertone, weak to 25c lower; yearlings. scarce: sheep, steady; bulk native lambs bid 57.25 down; best natives and several strings western held 57.50 upward; ewes. 51.504/2.75: bulk, 52.25 down. Slaughter sheep and lambs: lambs. 90 lbs. down, good and choice. 56.75®7.65: common and medium, Ssl/6.35: ewes, 90-150 lbs., good and choice. 51.75®2.75: all weights, common and medium. $1,251/ 2.25. LAFAYETTE. July 16— Hogs—Market, steadv to 25c higher: 200-300 lbs.. $4.85® 4.90; 180-200 lbs.. 54.701/.4.75; 160-180 lbs.. $4,554/ 4.65: 140-160 lbs.. $3,754/ 4; 120-140 lbs.. *3.15® 3.50; 110-120 lbs.. S2 654/2.90: roughs. 54.25 down; top calves. S4; lambs. 56.50 down. FT. WAYNE, July 16—Hogs—Lower to higher in two-wav market; 250-300 lbs., 54.90: 200-250 lbs.. 54.80: 130-200 lbs., S4 75: 160-180 lbs.. $4.65; 300-350 lbs.. $4.85; 150-160 lbs.. $4; 140-150 lbs.. $3.75: 130-140 lbs.. *3 50: 120-130 lbs.. S3: 100-120 lbs.. $2.75; roughs, 53.50: stags, $1.75. Calves, $5: lambs. $7. ißv Times Special) LOUISVILLE. July 16.—Cattle—Receipts, 800: all commercial early trading about steady on slaughter classes, except sausage bulls, mostly 25c higher than last Monday: early bulk, common to medium steers and heifers, .33.50®5; several lots and loads better finished fed oflerings. $5.254/6.50; scattering low quality grassy cutter grades. $2,254/3.25: bulk plainer grade grassy beef cows. $2 50® 3: good kinds and smooth heifer types to *3.50 and above: low cutters and cutters mostly sl4/2.25: sausage bulls. *3.25 down: bulk light Hereford stockers. *4® 4.50: inferior and common na’ive and southerns. $2.25 4/3.25. Ca’ve.s—Receipts. 700 all enmmerc;al vealers. 50c lower than last Fr;dav and Saturday, bulk $4 down: strictly choice handyweiehts. 4.50. Hogs—Receipts. 1.200: steady: 210-300 lbs.. *5: 185205 lbs . $4 80. 305 lbs. up. *4 30: 160-180 lbs . $4: 145-155 ibs.. $3.65: 120-140 lbs.. *2.25; sows. *2.75: grassy and unfinished hogs discounted. Sheep—Receipts. 5.000. including about 3.100 stock ewes; receipts of iambs somewhat lighter than earlv expectations: no early trading on Jambs; quality generally plain and indications about steadv: bulk better trucked in lambs Saturday. $6 754/ 7; most early sale stock ewes, (5.50&7.50 a head.

All. Chemical Am. Smelting Am. Can Am. Telephone Am. Tob B Atchison Chrysler Con Gas N. Y. DuPont Goodyear

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This dally record ol the movements ol twenty active stocks, averaged, gives a clear view of the market trend Long pull movements and daily variations are apparent at a glance

Stock Market Displays Firmer Tone in Week As Volumn Increases

Several Issues Touch New Highs for Year; Grain Prices Climb. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July 16.—A firmer tone was noted on the Stock Exchange last week, but as the DowJones industrial average approached the 100-mark, more resistance was encountered. Trading increased moderately with the average for the five-hour sessions over the half-mil-lion mark. While business was recovering from the slump of the Fourth of July week, the government issued a crop report that was bullish for the grain market but had bearish business aspects. The estimate was considered almost a disaster in some quarters. Wheat output will be the smallest since 1893 and other crops are to be correspondingly small. Asa result of the grain estimate the wheat market soared. In one session prices jumped the limit allowed—s cents on wheat, 4 cents on corn, etc. Other commodities were mixed, but cotton soared to new highs for the season. In this instance the farm equipment shares made little progress since a light crop may well curtail purchases sharply in the farm area.' Car Loadings Decline Wheat reduction adversely influenced the granger rails. The general railroad list, however, had other difficulties, including a drop of 124,765 cars in the loadings for the week ended July 7, bringing the total under 1933 for the first time this year. Railroad officials, meeting at Atlantic City, late in the week were working on methods to raise revenue to meet rising costs. It was believed they would seek higher freight rates. Some of the rail shares were higher, but the average dipped a fraction. The same was true of utilities where Columbia Gas brought confusion when its directors voted to omit the dividend. The latter action called attention to the utility companies, whose costs have been rising rapidly and whose income is held within limits by much the same methods as the railroads. Best gains were in the industrial division, where news was the most favorable. The United States Cteel Corporation sprang a surprise on Tuesday in announcing its shipments of steel for June at 985,337 tons, against 745,063 tons in May. The stock, however, did little better than hold its own. Silvers Show Strength Automobile issues were slightly higher on the week as production of cars picked up after the decline a week ago. Oils showed good group strength. Silvers were strong with the high-priced United States Smelting rising to a record high with a gain of nearly ten points. Wet stocks were depressed when the government announced a letdown of the barriers on imports. They failed to recover their losses. Amusements were hit by church drives for cleaner pictures, but they steadied when word went around the demands of the reformers would be met. Sugars were strong with American making anew high for the year. A number of miscellaneous issues made new highs for the year or longer, including Coca Cola, Hercules Powder, Monsanto Chemical and Brooklyn-Manhattan Transit. General Electric firmed slightly on a sharp rise in orders for the second quarter. A better than seasonal rise in General Motors Corporation sales helped that issue. Auto Output Increases Electricity output for the week ended July 7 made a good showing. It was down from the previous week because of the holiday, but held a smail gain over the corresponding week of 1933. Building for June showed a sharp decline from May total. Automobile production for June was 7 per cent under May but 27 per cent over June, 1933. Auto output for the first half of 1934 was 75 per cent over that for the corresponding period of 1933. Official sales by days for the week ended July 14 as compared with the preceding week were as follows: Last. Wk. Frev. Wk. MonHar 315.911) 411,950 Tur*dav 648,610 401.112 Wednesday 618.520 Holida* Thursday •••••••••••• 44A,iVM Friday .VW.l*h 45*.8*’ Saturday 1M.2M0 1K‘.050 Total! 2.806.610 1.803.105

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

STATE, MUNICIPAL AWARDS DECREASE Total During Week Drops to $14,776,000. By Times Special NEW YORK, July 16.—Engineering awards at $18,707,000 were below the average last week, according to Engineering News Record. Federal awards at $1,516,000 were low, as also are private awards, which totaled $2,414,000. State and municipal awards totaled $14,776,000. Comparison with last year shows that public work is about 160 per cent ahead of last July while private work is 61 per cent below. Streets and road awards last week at $6,140,000 were well above the previous week and public buildings at $5,437,000 are 250 per cent ahead of the preceding week. Other classification totals were about the same as a week previous, except earthwork and drainage, which is very low at $192,000. New capital for the week included a group of PWA allotments from the new appropriation and adjustments and changes from loans and grants to grants only from last year's appropriation. State and municipal bond sales totalled $5,878,000 for construction purposes. NEW ISSUE ADMITTED Chicago Exchange Places National Gypsum on Stock List. By Times Special CHICAGO, July 16.—Application to the board of governors of the Chicago Stock Exchange to list 130,464 shares of $5 par Class "A” stock was granted National Gypsum Company to be admitted to trading immediately. Armour & Cos. of Illinois also was granted permission to list 3,433,878 additional shares of common stock $5 par value to be issued and admitted to trading upon the conversion of the company’s $6 cumula-

tive convertible prior preferred stock. Marriage Licenses Arthur Mifler. 29, of 1433 Shephard street, barber, and Corinne Sargent. 32. of 1433 Shephard street, laundress. John McMullen. 24. of 523 North Oakland avenue, bank clerk, and Antoinette Dorn. 23. of 341 North Hamilton avenue, saleslady. Daniel Alien. 56, of 626 Spring street, roofer, and Rose Goodell. 50. of 626 Spring street, housekeeper. Bernard Hinz. 34. of 156 Bright street, teller, and Olive Gheen. 29. of 2046 North New Jersey street, stenographer. Herman Fields. 25. of 55 North Sheridan avenue. addressograph operator. and Louise Hammond. 24. of 429 North Arsenal avenue, bookeeper. Jesse Brown. 40. of 322 Minerva street, laborer, and Essie Harding. 28. of 322 Minerva street, laborer. William Gibson. 22. of 1315 East New York street, draftsman, and Julia Morris. 23. of 2411 North Delaware street, housekeeper. William Aubrey. 37 Ravenswood, machinist. and Ruth McClintock. 31. of 213 North Warman avenue Donald Tomlinson. 24. of 1205 South Randolph street, glass inspector, and Kathryn Oakes. 18. of 632 East McCarty street, housekeeper. Robert Norris. 21. ot 2427 Guilford avenue. shipping clerk, and Lillian Sabo. 21, of 771 North Concord street, laundress. Ervin Rosengarten. 32. of 749 Prospect street, grocer, and Edna Stucker. 32. of 1617 East Vermont street, housekeeper. Alonzo Sameple. 30. of 313 North West street, laborer, and Mamie Walton. 26. of 217 Geisendorff street, maid. Donald White 19. of 2331 North Pennsylvania street, phvsician, and Dorothy Lane. 25. of 3410 Northwestern avenue, stenographer. Harold Clevenger. 22, of 3531 Garden avenue, bookbinder, and Violet Powell. 18. of 3318 West Ninth street, housekeeper. Adrian Chamness, 22. of 48 North Addison street, theater service, and Eleanor Porter. 21. of 1921 North Pennsylvania street, housekeeper George Sparks. 21. ot 1432 Ear! avenue, hosiery worker, and Pearl Brown, 22. of 1001 North Delaware street, housekeeper. George Davis. 24. of 4921 Sheldon street maintenance, and Helen Brown. 23. of 1409 Park avenue, w litres’. Leßov Perry. 47, of 3548 East Michigan street, barber and Beulah Sharpe. 38. of 3312 East Michigan street, machine operator. Births Bovs James and Geraldine Miles. 27 South Harris. Walter and Inez Harding. 1009 Luet’. Robert and Zola Lambert, 323 North Lynn Rexall and Louise Hawkins. Community hospital Girl* Clifton and Helen Branham. 428 South Harris. Charles and Catherine Baldwin. 3721 West Tenth. Deaths Martha Jane Adams. 67. of 1221 Tottagp angina pectoris. Esther Morris. 64. of 35 South Grace uremia. Catherine T Whre, 73. of 148 West Emerson. card:o vascular renal disas*. Edward Rollins. 45. citv hospital, fractured skull. Ernest Fleming. 43 of 420 West Fifteenth. cerebral hemorrhage, Charles Beil. 23. citv hospital, lobar pneumonia. Jennie Gertrude Walsh. 76. English hotel, cardiac dilatation. Anderson Ribelin 74. of 2326 North New Jersev. carcinoma Rose Ella Harvev. 72 St. Vincent’s hospital. stomach obstruction Ellis P. Pressnall. 33 of 234 East Bt. Josenh. pumonarv tuberculosis. Michael O Connor. 68 of 2247 Broadway, chronic interstitial nephritis. Rosa Marv Rollings. 83. of 3310 Park, arterio sclerosis. Flovd Williams. 26, of 535 Agnes. Pulmonary tuberculosis.

GRAIN FUTURES UNSETTLED IN LIGHTTRADING Corn. Oats and Rye Higher: Wheat Off: Weather News Mixed. RY HARMAN IV. NICHOLS Unitrd Press Staff Correspondent CHICAGO. July 16.—Weather news was mixed and grain prices were unsettled at the opening of the Chicago Board of Trade today. Wheat started unchanged to % cents lower, corn was % to a cent higher. oa f s were V* to * cent higher. and rye was up % to ■% cent. Liverpool wheat was strong with the continent on the buying side. Weather news was mixed with much of the corn belt cloudy and hot. The Canadian northwestern provinces reported some rain although other sections were badly in need of moisture. Chicago Futures Range —July 16— Prrr. Wheat— Hieh Low 19 99 rln>r. Jdlv 98% .97 .97% 97% Sept 99’* 98% 99% 98% Dec. 101'* 1.00% 1.00% 1.00% Corn— Julv 60% .60 60% 59% Sept 62% 61 .61% 61% Dec 63% .62% .63% .62% Oats— July .45% 44% Sept 45', 45% .45% 45% Dec 46% .46% .46% .46% Rye— July .71% Sept 71', .70% .70’, 70% Dec 73% .72% .72% .72% Rarlev— July .59% Sept .. .. .55% CHICAGO PRIMARY RECEIPTS —July 14— Bushels. , , Today. Last Week. Wheat 2.257.000 2.581.000 Corn 570.000 417.000 Oats 73.000 50.000

Intl. Harvester Johns-Manville Nat. Biscuit Pub S. of N J Sears Roebuck Stand of N. J Un. Aircraft U. S. steel Union Pacific Westinghouse

INDIANAPOLIS —July 14— The bids for car lots of crain at the call of the Indianapolis Board of Trade, f. o. b.. shippinc point basis 17% to rixer: Wheat—Strong: No. 1 red. 88%®89' e; No. 2 red, 87%4/ 88 %c: No. 2 hard. 87%/./) B%c. Corn —Firm: No. 2 white. 584/59c; No .3 white, 574/58c: No. 2 yellow, 54%i/> 55 %Cj No 3 yellow. 53%®54%c: No 2 mixed. 53%®54%c: No. 2 mixed. 53’ •'./' 54%c; No 3 mixed. 52' ®53%c Oa’.s— Steady: No. 2 white. 41%4/42%c; No. 3 white. 40%®41%c. Local Wagon Wheat City grain elevators are paving 85 cents lor No. 2 soft red wheat Otner grades on their merits (By United Press) CHICAGO. July 14.—Cash grain: Wheat —No. 2 hard. 98%4/98 : %r- No. 3 red 97% ® 9 „ B j : < c : No 5 red. 96%c: No. 1 hard. sl,Oll/1.02: No. 2 hard, $1.00%4/1.01; dark 4 hard, 98'. _>c: No 2 mixed. 98 he; No 2 red yellow. 96%c. Coni—No. 2 mixed, 62%c: No. 1 yellow, 62'jc: No, 2 yellow. 64%c4/64%c: No 3 yellow. 61%1/62c Oals —No. 2 White. 46' tc: No. 3 white. 46' e; No. 4 white, 45%c; sample grade. 45%c. Rye—No. 2, 72%c.; barley, no sales; quotable. 564/94c; timothy. $9,354/9.50 Clover $10.251/ 1 4. Cash provisions—Lar/i loose. $6 47: leaf. $6.50; bellies. $lO. TOLEDO. July 14.—Cash grain: (Grain in elevators, transit billing). Wheat—No. 2. red. 97%@98%c. Corn—No. 2 vellow, no 2®66%c Oals—No. 2 white. 48 •/ 49c! Rye—No 2 72%4?73' c. (Track prices. 24 %c rate). Wheat—No, 1 red 944/ 94' e' No. 2 red. 934/93’.-c. Corn—No. 2 yellow! 61® 62r: No 3 vellow. 601/ 61c; No 4 vellow. 59®60c. Oats—No. 1 white. 461/ 47' .c; No 2 while. 45®46%c: No. 3 white. 44% -j 46C. In the Cotton Markets —July 14— CHICAGO _ High. Low. Close January 13.41 13.28 13.33 March 13.48 13.37 13.37 Julv 1" 97 Ortober irj.23 13.07 13 13 December 13 37 13.25 NEW YORK January 1334 13.19 132,9 March 13 42 13 27 13 23 Mav 13.47 13 36 13 26 Julv 12.37 12 83 12 83 October 13.16 13 00 13.00 December 1.3.32 13.14 13 14 NEW ORLEANS January 1323 13 18 13 19 March 13.27 13.23 13.25 MaV 13.30 July 12.94 12 85 12.85 October 13.14 12 97 12 99 December 13.29 13.13 13.15

Retail Coal Prices The following prices represent Quotations from leading Indianapolis coal dealers. A cash discount of 25 cents per ton Is allowed. Domestic Retail Prices Anthracite *l3 50 Brazil lump no Brazil mine run 525 Coke, nut size 825 Coke, egg size 825 Indiana forked lump 600 Indiana egg 5 75 Kentucky lump 7 00 Pocahontas lump sno Pocahontas egg 800 Pocahontas forked lump 9'no Pocahontas mine run 725 New River smokeless roo West Virginia lump 675 West Virginia egg 650 Island Creek 700 Extra charge of 50c a ton for wheeling coal and $1 a ton for coal carried to bin.

CALL SPECIAL MEETING Building, Loan Association Officials to Discuss New Housrng Act. By Times Special CHICAGO, July 16.—Representatives of financing institutions from thirteen north centr ’ states will hold a special meeting here Saturday to disemuss the importnat provisions in the new national housing act, it has been announced by Harold T. Donaldson, president of the North Central Building and Loan conference. More than 600 officers 1 i directors are expected from building and loan associations and saving institutions throughout the section. Plans for a financing and modernization campaign will be discussed, according to Mr. Donaldson. BANK DEPOSITS CLIMB Total on June 30 Four Times Above Same Date Last Year. By 'J imes Special 1 rIICAGO, July 16.—Deposits of the Citizens National bank of Chicago Heights, as of June 30, increased more than four times the deposits of the same date a year ago. The figure reached that date totaled $1,019,826 as compared to $243,054 of the same day in 1933. Assets of the bank amounted to $429,176 cash and $334,463 in government and federal!’.’ guaranteed bonds. Miscellaneous bonds totaled $187,000 while state and local bonds amounted to $117,000. insu’rancTjales rise Phoenix Mutual Registers Eleventh Consecutive Monthly Gain. June marked the eleventh consecutive month in which sales records for the Phoenix Mutual Life Insurance Company increased over those of last year, according to a report given by Lewis G. Ferguson, local manager of the company. The largest number of applications in any day since the formation of the company more than eighty years ago were reported for July 9.

UJ'nLT'W!' TM

Cash Grain