Indianapolis Times, Volume 46, Number 73, Indianapolis, Marion County, 4 August 1934 — Page 12
PAGE 12
Wall Street Farmers Unlikely to Be as Well Off This Year as Last. —BV RALPH HI.NDERSHOT Tim** special financial Writer F'ROM a monetary s:andpoint U lortks as if the farmers may not be so badly off as a result of the drought. after all. Some say their purchasm* power will be greater this year than last, but It is rather doubtful that such will be the case, even though income this year probably will be in the neighborhood cf $7,0 0 0,000,000.
a ompared j with but about j id 500,000.000 in 1933. Most larm- i ers secure a : large share of j their food from the ir j land The proe e eds from ! the things they sell are . t and m large j measure to ' pay for hired help. taxes I (aim ma- j
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chinery, mortgage interest and clothing and other things which they can not produce themselves. "cash” crops arc not very large when compared with total living expenses. With their gardens, as well as their wheat fields burned up with the heat, much of the cash they otherwise would have to spend for the things which are produced by industry, will have to go for food to tide them over the winter. It is estimated that in addition to regular income the farmers will • about $000,000,000 in ‘'benefits,” and from $200,000,000 to $300.000 000 in special drought relief. That would make total cash income about $1,300,000,000 tn excess of last year. But if in addition to buying food themselves, the farmers must buy food for the livestock they are Tarrying over the winter, even that fcommglv large increase would not go very far. BUM BUT one advantage at least will result from the drought. The surplus of farm commodities will be greatly rrdured. The United States wheat crop this year is expected to aggregate about 480.000.000 bushels, as compared with 528.000.000 bushels last year. And last year's crop was much smaller than usual. Consumption of this cereal averages about 625 000 000 bushels. The surplus is likely to be wiped out this year. The latest government estimates placed the corn crop thus year as of July 10 at 2.113.000.000 bushels, but private authorities say the crop has lost at least 500.000.000 biushels since that time. The com crop statistics at best are not very accurate, and, since the crop us still growing, the estimates probably will be altered materially before the end of the season. m n u KARNINGS of the United States Steel Corporation for the second quarter of this year were highly encouraging. It ran in the black for the first time in thirty months, earning $l4B a share on its pre- : stock. Result* for the current quarter, however, are bound to tell an entirely different story. Due to code and price conditions, orders were placed in the second quarter which probably ordinarily would have been placed in the current three-month period. The announcement bv the company that it had made extensive expenditures for new equipment also should be regaroed favorably. If a highly efficiently operated concern like the big steel company is obliged to spend money to bring its plants up to date there is every reason to believe that the fixed property replacements in the country at large will run to a substantial total when credit and other conditions warrant the expenditures. Thus naturally will provide an important spur to general business. In the Cotton Markets— Aug 3 CHICAGO High. Lew Close March .... 13 43 13 34 13 34 Mav . 13 SO 13 40 13 40 Oc'ntvr 33 1* 13 01 13 10 December 13 29 13 15 13 16 NEW YORK .tan-.isrv '3 25 13 13 13 13 March 13 36 13 24 13 24 Sir 33 42 13 31 13 31 j . 13 4* 13 37 13 37 October 13 09 12 97 12 97 December 13 23 13 07 13 07 NEW ORLEANS January 13 15 13 08 13 0* March . 13 30 Sir 13 37 13 26 13 26 December 13 19 13 04 13 OS N. Y. Coffee. Sugar Futures —Aug. 3 COFTTE Sinlo. — Hish. Lew Close. March 10 76 10 70 10 71 X 10 90 10 S3 10 *3 Sep-ember 10 * 10 so 10 SO December 10 72 10 3 10 64 —Rio— March 8 13 8 0* * o* Jt,; v _ 8 16 Hep*ember 7*9 785 785 December 806 .7 97 797 SI'GAE High. Low Close January 1 84 1 83 1 83 March - 38; Mac 1 92 1 91 1 91 Julr 1 97 1 9S 1 95 Sep-ember ........... 180 178 178 December 1 86 1 84 1 84 Retail Coal Prices The following prices represent quotations from. >a:ne Indianapolis coal dealers. A cash discount of 25 cents per ton is allowed A 25-cent carrying charge per ton will be added DOMESTIC RETAIL TRICES Anthracite 813 50 Rraril Lump . .. 590 Bran! Fes 5 90 Bran! Mine Run 5 25 Cett. N.t Sire 8 SO Coke. Egg Sue .8 35 Indiana Forked Lump No 4 and 6 575 Indiana Egg 5 75 Kentuck' Lump. Group ■ B .15 Pocahontas Lump 825 Pocahon-as Egg 835 Pocahontas Mine Run 700 New Rtaer Smoa'.ess 8 00 Marriage Licenses Paul S-ee,e. 24 of 410 Beecher street, paper nar.ger and Gertrude Car-meii. 36. of 410 Beecher street housekeeper. John Parker 38 of 904 Sheibv street salesman arc Ruth Mann. 38. of 1034 E.m street, aaitresa. Clai.de Moore 17. of 444 North Be” stree- laborer and Augusta Met*. 19. of 652 Mary stree- hosiers worker Prank Mas 28 o! 1040 So:-b. Sheffield venue meat packer and Esther Roth. 34 of 2309 Mi ier stree* stock cierk Bert Kelly. .17 of 680 Arch street bartender and J*.**ie Carmichael. 3* of 680 Arch stree- hosiers worker Henrv Thompson. 21. of 843 South Sheffield '*reet .aborer. and Doris Pollard. 19 Os 2228 West Ras s’reet housekeeper. Char> Reel. 41 of 214 South Oriental street laborer and Clara Murphy 46. cf 314 South Or.entai street, housekeeper Howard Brsant 26 of 32 Soufh Dearborn street, awning company, and Ruth Dinkin. 25 of 2907 McPherson street, hosiery worker W :bur Prackelton. 40 Los Angeles. Citrus Business, and Louise Davidson. 30. et 3816 Ruckle str-et housekeeper. Kcoert Hoe. 35. K. R 15 be* I*o. book-
STOCKS CLOSE IRREGULAR AS DOLLAR DROPS Rail Issues Slightly Lower, as Week’s Loadings Show Decline. BV ELMER C. WALZER. I nlt-d press financial Editor NEW YORK Aug 4 —The American dollar sank sharply yesterday as foreigners interpreted the treasury* printing of silver certificates as ] inflation. Stocks and commodities, however, continued to move in a narrow range. Stock trading was about the same volume as Thursday up to the last hour, when transactions lightened. .Two groups stood out on the upside at times during the session—aviation and local tractions. Here and there a special Issue broke out of a fractional rut for a wide loss or gain. The main list moved over a fractional area in dull turnover. Trading was particularly light in the railroad division. Some of the industrials, notably American CaiT. were lethargic. There was little in the news. Car loadings showed a drop of 6,016 cars from the preceding week, an unseasonal showing, but smaller than many had anticipated. Mast of the rails were fractionally under the previous close. Silver List Weakens Silver shares slipped back small amounts despite the dollar decline, and golds also registered minor lasses. Oils held around the previous clase. Wet stocks were steady to easier. Steels lost fractionally. Profit-taking brought down the sugars after their recent rise. Chrysler was a weak feature of the session. At one time it touched 32-v, off 2 s from the previous close, and General Motors went down a point with it. Auburn, however, met support and rose more than a point. Weakness was attributed to the showing of the corporation in the second quarter which was well below the corresponding quarter of 1933. The Chrysler showing is typical of large companies recently reporting. General Motors recently reported a rise of 58 per cent in sales, but a decline of 2 per cent in earning a share, the net income decline due entirely to increased costs and lower prices for the cars. Sales Volume Slips Interest in the aviation issues today was stimulated by recent crosscountry night flights, airplane •'trains'' and the like. There was no announcement to bring buying into the tractions, but when the stocks rase traders talked unification and higher fares, two items that always are rumored when the group advances. There were rumors that Brooklvn-Manhattan Transit would soon be placed on a $2.40 dividend basis. Grains were irregular in a narrow range while cotton lost about 50 cents a bale and hides were off sharply. Silver was dull and slightly higher and gains were made in rubber, silk and copper futures. Bonds were irregularly higher in dull turnover. United States government issues declined. Stock sales yesterday approximated 460.000 shares against 560.000 shares Thursday*. Curb sales were 98.000 shares against 110.000 shares Thursday. Dow Jones preliminary clasing averages industrial 90.13, off 0.74; railroad 35.33, off 0.38, utility 20.46, off 0.26. Money and Exchange INDIANAPOLIS BANK CLEARINGS —Auk. V Clearings *1 930.000 00 Debits 5.902.000.00 FOREIGN EXCHANGE (Bv Abbott. Hnnnin A Cos.) —Auk. 3 Close Sterling. England $5.066' 2 Franc. France 066% Lra. Italy 0859% Mark. Germane 3*35 Guilder. Holland 6785 Teseta. Snain 370 Krone. Norway .2538 Krone. Denmark .2255 Treasury Statement (Bv United Press) WASHINGTON. Auk. 3.—Government expenses and receipts of the current fiscal war to Aug 1. compared with the corresponding period of the previous fiscal year This Year. Last Year. Expenses . $ 480.959.510 14 $280,918.947 72 Receipts .. 225.928.729 32 168 228.889 24 Deficit ... 255.030.780 31 112.690.058.43 Cash bai. . 2.466.396.655 18 Investment Trust Shares Bv Abbott. Hoppin <fc Cos. —Auk. 3 Bid Ask. Amer Bank Stocks Oorp 1 00 1 04 Amer A Gen Sec A 3 50 4 50 Amer A Inv Tr Sh 1 75 Basic Industry Shares 2 89 2 99 British Tvpc Inv Tr Sh ... 32 39 Collateral Trustee Shares *Ai 410 430 Corporate Trust Shares oldi.. 183 187 Corporate Tr Shares i new ... 207 212 Cumulaf.'e Trust Shares . 352 3.62 Diversified Trust Shares iAI. 625 .... Dnersifled Trust Shares >Bi . 680 Diversified Tr Shares 'Ci 272 279 Diversified Trust Sh <D' ... 420 435 First Insurance Stock Corp .. 50 1.00 First Common Stock Corp .. .52 .57 Fixed Trust Oil Shares (A*.. 725 . Fixed Trust Oil Shares B'.. 625 Fundamental Investors. Inc... 175 195 Incorpora*ors Investments ...15 90 16 15 Land Bank Bond Shares...... 1.14 l-->w Priced Trust Shares 495 505 Mass Inv Trust Shares 17 50 17 87 Nation Wide Securities 295 299 North Am Trust Sh -53' . 1 73 Nor-h Am Trust Shares (55-561 2 11 2 16 North Am Trust Shares (58-.. 212 217 Se'.eced Amer Shares 2 21 .... Selected Amer Shares Inc .... 102 .... Selected Cumulative Shares... 587 .... Selected Income Shares ... 3 05 Std Amer Trust Shares (A).. 268 273 Trust Shares of America .... 258 282 Truatff Std 0:1 (At 5 12 537 Trus-ee Std Oil B' 460 475 V S Elec Lt A Pwr At 11 12 11 62 Universal Trust Shares 270 2.75 Daily Price Index •Bv United Pressi NEW YORK. Julv 3—Dun A Bradstree* s daily weighted price index of •hirtv basic commodities compiled for the United Pres* (1930-1932 Average 100) New 1934 High) Todav 115 92 Yesterday .. 115 86 Week Ago 114 42 Month Ago 11l 81 Year Ago Aug 4* 104 *4 1?J High Aug. 3' 115 92 1934 Low .Jan. 3' 10105 Copyright. 1934 by Dun A Bradstreet. Inc. New York Bank Stocks (By Abbott. Hoppin & Cos • —Aug. 3 p 4 -tankers 59 59% Brookiv n Trust Chase National 24% 24% Chemical 41% 41 5 National Citv 23 ! 4 23 S Corn Exchange 48% 49-’* Empire 12 12% Empire ................ 18-* IS 1 * First National .1565 1580 Guaranty 340 342 Irvir.K 15% 1* Manhat'en A Cos. 122% 123% Manufactures 19% 20% Ne York Trust 98% 99 Public 30 30% Issue Silver Certificates By) United Press WASHINGTON. Aug 4 —lmmediate issue of SSO 000,000 in new silver certificates against free silver in the treasury was promised by Secretary ox Henry Morgen Ufa u Jr.
New York Stocks B Abbott. Hoppin A Co.i ———
AVERAGE STOCK PRICES FOR FRIDAY N>t High. Low. Close, change. Thirty industrials 91.08 89.82 90.14 —.73 Twenty rail, 35.73 35.30 35.33 —.35 Twenty utilities 20.84 20.42 20.46 —.26 Forty bonds .... 93.98 -.18 Ten first rail, .... 101.81 —.15 Ten second rails .... 77.71 —.24 Ten utilities .... 98.94 -.32 Ten industrial, .... 97.47 -.03 - Off. - Up.
—Aug. 3 Prev. Oil* High. Low. Close, close. Amerada - 54 45 At! Rfg 24', 24', 24’, 24'. Barnsda'.l 6% 6% 6 * 7 Consol Oil 8% 8 * Jj * Cont of D! . 18 ’ 17’, ls% 18 Houston (new). .... 3 5 Houston (old i . . , JJ ? M.d Cont Pet . 10% 10% 10% 10 a Ohio Oil 9% 9% 9% 9% Pe* Corn •.. .... 9% Phillips Pet ... 18 15% 15% 18 Plymouth Oil .. 9% 9% 9% B • Pure Oil 8% 7% 7% 8 Rova! Dutch 32% .- Bbd Oil :• • „ 28’.* Bhell Un 7% 6% 7 Skellev Oil 7'a • IVcli:::::::: ;4 . % 3% L 4% S O of* N J 43% 43% 43% 43% Tew? Corn 22% 22% Tidewater As<n 9*2 9 * .J Un Oil of Cal 15 15% Steel*— Amt Roll Mill . 16% 75% 16% 76% Bc-h Steel 28% 2i% 2.% 28 a Bvers AMCol Fuel % Iron ,% 5a Inland 6>.eel 38 % n nIndium Steel - • 10 ■ McKeesport Tin . Vs . . 0 4 > 4 Nat Steel 39% 39 39% 39% Otis S-eel . 4 , 4% 4% 4 a Rp!> Iron St . 13 1 * 13 13 a 13 2 H#*d I & 8 Pfd • J 2, 11 USP pe A Fdy 17% u % 17% 7. 8 U S Steel . 3a% 34% 34% 35 , U S. Steel pfd 8 3 „ Warren Bros .?% ,5, 4 YounKst'n S & T .. ••• 75.a 16/* Motor*— Auburn 20% 18% 20% 19 Chrysler 34% 32% 32 * 22, 2 Oen Motors . 28’* 27% 27 4 28,a Gm Motors pfd • lu ‘ Graham oMt .. 2 la 1 * 2 Hudson 7% 7% Ta 7% Hupp 2% 2% 2% 2% Mack Truck .... 24% ?4% 24, ••• Nash 14% 14 14% 14’a Packard 3 2 7 8 32" r 2% 2% 2% 2% Studebaker 2 * 2 1 , 2,a 2* Yellow Truck 3 2 Motor Access— Bendix 121, 12% 12’', 72% Bohn Alum .... • • •• Borg Warner ... 19;* 19% J? * 20 a Briggs 15% 15% 10% l 5, 2 Budd Wheel .... . , 2% Eaton Mfg .... 14% 14% 14% 14 a Elec Auto Lite.. 18% 17% li% 18V, Houdaille < A).. - 3"* 3% 3 ... Mullins Mfg • • • 7 * Mullins Mfg pfd 24% 24 24 * 24 a Murray Body. — 5 4’* 4 * a Stew- Warner.... ■ , _6> o'* Timken Roll 27% 26Va 26 a•Timken Det Axel 5 * a .* Mining— Alaska Jun 20% 20 20 201* Amer Metals .. 18% 17 4 , 17 * 18 Amer Smelt .... 34% 33% 33% 34, Anaconda 11% 11 s * 11% 11 2 Cal A Hecla . 3% 3% Cerro de Pasco 37% 36% 37% 37% Dome Mines ... 42 41% 41% 42% Granby 7 6’* 7 6* Gt Nor Ore . 9% 9% Howe Sound .... 49% 48% 48% 46% Ins Copper .... • 3% 3% Int Nickel 24% 24% 24% 24 4 Int Silver 22% Isl Creek Coal . . •• 29 Kennecott Cop .. 18% 18% 18% 18% Mclntyre Mine.. 42% 45% 4a% 46% Noranda Cod ...440 1 , 40*2 40% 41_* Park Utah 3% 3% 3% 31 Phelps Dodge .... J 5,, }2. St Joe Lead .... 18 17% 17% 17 * U S Smelters ...128% 127 127% 128 * Vanadium 17 16% 17 17 ~ Amusements— Croslev Radio J 5% Fox Thea , • „ 10% 10% Loews Inc 25'* 24 :1 4 25'* 25 i Radio Corn 5% 5% 5% 5 RKO 2 1% 2 3% Warner Bros ... 3% 3% 3% 4 Tobarrns— Am Snuff 59 ... Am Sum Tob ... 17-% 17% 17% 18 Am Tobacco A.. 74 73 73% 4 Am Tobacco B 77V, 76% 76% 76% Ligg A Myers B 97% 97% Lorillard 17% 17 2 Reynolds Tob B. 45'/4 45 45 45.4 Rails— Atchison 52 50V 50Va 51 1 2 Atl Coast Lines. -- 27 27 BA O 15% 15% 15% 15% Can Pac 13% 12% 12% 12* Ch A Ohio 43 42% 42% 43% Chi A Gt W . 2>% 2 Chi A Gt W pfd . •• 5 C M A St P . 3'i 3% 3% 3% C M A St P pfd 4", 4% 4% 5 Chi N W 6% 6 6 6% Chi N W pfd 11% 10% Del Lac A W ... 15% 15% 15% 16% Erie ■ • . 13% Grt North pfd . 15 14% 14% la 111 Central 16 15% 15% 16% Lehigh Valley., ll'/a 10 1 * 10 7 * 11% Lou A Nash ... - • • 47 M K A T 6 5% 5H 6 M/K A T pfd 16% 17 Mo Pac 2% ... Mo Pac pfd 4 4 N Y Cent 21% 20% 20% 21% N Y Ch A St L 12% 12 12 12% NY CASt L pfd . , 20% N Y New- Haven 10% 10% 10% 10% N Y Ont A West . . - 16% Nor Pac 16% 16% 16% 17% Penn R R 24 23 s * 23% 24 Reading • 37% ••• Sou Pac ITS. 16% 16% 17% Sou R R 14% 14 2 , 14a, 14% Sou R R pfd.... 17’, 17% 17% 17% Union Pac 103’, 102 102 102 West Maryland.. .. 9ra 9 Equipments— Allis Chalmers . 13’, 13 13% 13 Am Brake Shoe . . 23% 23% Am Car A Fdv 15% 15 15% 15 Am Car A Fdv p „ 34% Am Loco 18 18% Am Mach A Fdv . 13’i . • Am Steel Fdy.. 13% 12’i 13% 10% Bald Loco 7% 7’* 7% 7% Burroughs .... ll’ 11% li% 11% Case J I 39% 39% 39% 39% Cater Tract .... 26% 26% 26% 26 Deere A Cos ... 13% 13 13 13% Foster Wheeler .. . 11 11 Gen Am Tnk Car 33% 32% 32% 34% Gen Elec 18’, 18% 18% 18% Gen R R Si? 30 Tngsol Rand .... .. ... ... 531, Int Bus Mach 135 Int Harvester 26% 27 Nat Cash Reg .. ... 13% 13% Pullman Inc 44'? 44 44_ 44% Rem Rand 9% 8% 8% Bs*8 s * Und Elliot 44% ... West Air Br ... . 18 18 West Electric . 31% 30% 30% 31% Worthington P 17 16’* Utilities— Am A For Pwr . 5% 5% 5% 5% Am Power A L . 5% 5 5 5 A T A T ...110% 109% 109% 110%. Am Wat Wks .. 16% 16 16 16% Brook Un Gas . . .- 60% 60% Cos! Gas A Elec 9% 9% 9% 9% Col G A E pfd. . .. 67% .. Com A Sou ... 1% 1% .1 * J* 1 Consol Gas .. 29% 27% 28 29% Elec Pwr A Lit 4% 4'* 4% 4% E P A L pfd . . .. 8% ... Int Hydro Elec. 4% 4', 4% 4% Int T A T 9% 9% 9% 9% Lou G A E ' A'* 14 Nat Pwr A Lit. 9', R% 8% 9% North Amer ... 14% 14 14 14% Pac O A E 16 16 Peoples Gas . .. ... 24 ! * 25 Postal Tel pfd 14% Pub Serv N J . ■ 34 34 So Cal Edison.. 14% 14% 14% 14% Std Gas 8% 8 8 8 Std Gas pfd 8% 8% 8% $% Stone A Webster 6% 5\ s’, 6 United Corp ... 4% 4 4 4% Un Gas Imp - • 15 14’, 14’, 14% Ut Pwr A Lit A . 2% .• Western Union . 35’* 35% 35’* 36 Rubbers— Firestone •• 14% Goodrich • 9% 9% Goodyear 21 ’4 21 21 21% Kelly’ Spring ... . 1% J 4 U S Rubber ••• 14% 13\ 13’, 14 U S Rubber rfd 35 33% 33', 35 Miseellanrous— Am Bank Note. 15’, 15 15% 15 Am Can . 95% 95% Anchor Cap . 17'* 17 1. 17_ Brklvn Man Tr. 39 7 * 38’* 39% 3.% Cont! Can 78% 77% 77 , 7.% Crown Cork .... 24% 23 23 Curtis Pub 18% Curtis Pub pfd 80 Eastman Kodak - •■ . 98% 98% Gillette 11% 11% 11% 11% Glidden 22 7 * 22% 22% 20% Inter Rapid Tr. 8 7’, 7% Ow-ens Bottle .... ... *i Ravbestos Mfg 17 17 Foods— Am Sugar 66 65% 65% 66 * Armour A • ••• 4% 4% Beatrice Cream. - 13% 13 Borden Prod .. 25 25% *5% 25% Cal Packing • 36% 36% 36% 3.% Can Drv G Ale 16% 16 16 15; Coca Cola 131% 8S m .?u ■ •'. •>& Gold Dust 18i* 18’a 18 * 18 * G W Sugar .... S2 3 * 32 32 32V, Int Salt 29% 29 29% 28 Natl Biscuit ... 33% 33 33 33 * Natl D Prod .... 16% 16’* 16% 16% Purity Bak .... 11% 11% 11% 11% S Porto Rico S • 33% 34% S*d Brands .... 19% 19% 19% 19% Un Biscuit 25% 25 25 25% United FVuit ... 70 69% i0 69’, Retail Stores— Asso Drv Goods 9 8% Best ACo 31% 30% 31 . First Natl Stores .. . 66 1 , 65-, Gimbel Bros . • . 3;, Gr Un Tea .. 4’, 4% 4% 4% Hahn Dept Sts 4% . Jewel Tea . 45 Kresge S S .... 17’, 17% 17% 17% Kroger Groc ... 29% 28% 29 29 Macv R H 41 40% 40', 40 Marshall Tields 10% 10'. 10% *lO% Mav Dept St ... . 37 36% Mont Ward 23% 23 23 23% Natl Tea 10 9% 9% 9% Penney J C 56% 55 55 57 Safeway St . 46 Sears Roebuck 36% 34% 34% 36 Wool worm ... J M 41% 50 46%
THE INDIANAPOLIS TIMES
Aviation— Aviation Corp .. 4% 4’* 4'* 4"> Curtiss Wright.. 3% 2’, 32% Wr A 9% B’, B', 8% Douglas Air .... 18% 17 17% 17% Nor Am Av 4 3'* 3% 3% Speery Corp ... 8% 7% 8 7’, United Aircraft. 18% 15 15% 15’* Wright Aero 47 46 46 42 Chemicals— Allied Chem . 127 127 Am Com Alcohol 26’* 26 26’* 26', Col Carbon 64% 64% Com Solvents .. 18% 18% 18% 18% Dupont 88% 87!* 87% 88 1 Freeport Tex 29 29 1 Liauid Caro 22% 21% I Math Alkali 27% 28 I Montosonta Ch 49% 43'* 48% 49 1 Nail D'.s inewi. 19% 19% 19% 20 ; Schcnelev Dist . 21% 20% 20% 21 Tex Gulf Sulph . 33% 32% 33 33% Union Carbiae .. 41'* 41 41 41% U S Ind Alco 38% 38 38 38% Virg Ch 67, Pfd 14% 15!, Drugs— Cotv Inc 5 4', 5 4% J-ambert 24 23% 23% ~ Lehn A Fink . 17% 17 17% 17 Un Drug 11!, 11V* 11% 11% Zonite Prod 4% 4V* Financial— Adams Exp .... 6’i 6% 6’ 6% Allegheny Corp . . . ■ 2 2 Am Int Corp .. 6 5% 6 6 Chesa Corp ... 39% 39 39 40 Lehman Corp ... . 66% 66 Transamerica .. 6 5% 6 6 Tr Conti Corp 3% 4 Building— Am Radiator ... 12 11% 11% 11% Gen Asphalt.... 14% 14!, 14% 14’, Int ement .... . 21% Johns Manville 44% 43', 43% 44% Libbv Owens Gls 28% 28 28 28 Otis Kiev 14% 14'% 14% 14% Ulen Const 1% 1% HouseholdCol Pal Peet.... 14% 14% 14% 14% Congoleum .... . 27 27% Kelvinator ... 12% 12% 12% 12% Mohawk Carpet . . 14 Proc A Gamble 36% 35% 35% 36% Simmons Bed.. 10% 10 10V* 10'/* Textiles— Amer Woolen... 9 8% 8% 8% Belding Hem ... . 11% 11% Celanese Corp . 20% 20 20 20% Collins Aikman.. 12% 12 12 12% Gorham Hose... 5% 5% 5% 5V4 Indus Rayon .. 23 22% 22% 23 Kavser Julius... 14% 14% 14% 14 Real Silk 7 New York Curb (By Abbott. Hoppin A Cos.) —Aug. 3 Close. Close. Allied Mills 7% Glen Alden Coal 20 Alum Cos of Am 57 Gulf Oil of Pa. 55% Am Cvanide B 18 'Hiram Walker . 24% Am G A El 22% Humble Oil .... 42V* Am Superpower 2 Imp Oil Ltd .. 14 Assn G A El .. ’i Hud Bav Min.. 13% Atlas Corp .. . 8% Int Petrol . ... 26% Can Ind Ale A 8% Lake Shore Min 52% Can Marc ... l% ! Libbv McN Lib. 6 Carrier Corp .. 9 Lone Star Gas. 5 Cities Serv l%:Mt Producers . 4% Com'nw'lth Ed 49 Nat Bell Hess. 2’, Consol Gos Bit 66 1 , Nia Hud Pwr., 4% Cord Corp ... 3 % Nov a del Agene.. 18’, Creole Petrol .. 11% Penn Road .... 2% Deere A Cos. .. 13 St Ragis Paper. 2% Distillers Lint .22% Sherwin Wins... 71’* Distillers Corp. 12V* Std of Ind 25% Dow Chem . .. 73 iStd of Kv 15% El Bnd A Sh.. 11%iTechnicolor Ind 12% Fisk Rubber . . 9 jTeck Hugh Gold 6% Ford of Can A 19%;Un Gas 2 Ford of Europe 7’, Un Pw A Lt A 2% Gen Aviation . 4'4'Wright Har Min 9% U. S. GOVERNMENT BONDS (By United Pressi NEW YORK. Aug. 3.—Closing Liberties: (Decimals represent thirty-secondst / Liberty 3%S (32-47) 104.2 First 4%s (32-47) 103.1 Fourth 4%s (33-38) 103.19 Treasury 4%s —3%s (45) 103.17 4%s (47-52) 113.10 3%s (43-47) 104.23 3%s (41-43) March 104.24 3’*S (40-43) June 104.24 3%s (431 104.23 3%s (46-49) 102.26 3s (51-55) 101.21 FEDERAL FARM LOAN BONDS (By Blyth A Cos., Inc.). —Aug. 3 Bid. Ask. 4s Julv 1. 1946-44 99% 100 % 4s Nov. 1. 1957-37 99% 100'* 4s May 1, 1958-38 99% 100% 4'is Julv 1. 1956-36 99’, 100'4 4’,s Jan. 1. 1957-37 99% 100% 4%s May 1. 1957-37 99’, 100% 4’, s Nov. 1. 1958-38 100 V, 4%s Mar 1. 1942-32 99% 100% 4%s Jan. 1. 1943-33 99% 100’* 4%s Jan. 1. 1953-33 99% 100’* 4%S July 1, 1953-33 99% 100’* 4%S Jari. 1. 1955-35 100 100% 4%s Jan. 1. 1956-36 ...100% 100’, 53 Mav 1. 1941-31 100% 100% 5s Nov. 1. 1941-31 100% 100’, Home Loan 3s Mav 1. 1952-44 100.06 100.10 4s Julv 1. 1951 100.12 100.15 —Federal Farm Mortgage Corporation—3’iS March 15. 1964-44 .101 25 101.30 The later three quotations are In thirtyseconds. On Commission Row —Aug. 3 Quotations below are average retail prices being offered to buyers by local commission house dealers. Apples—Fancy Delicious. $2.50: Transparents. $1.50*32. • Peaches. Georgia. Elbertas. bushel. $2 @2.50. Oranges—California Sunklst. [email protected]: Valencies, [email protected]. Lemons—Sunklst, $6.50. Grapefruit—Florida seedless. $4.50. Cantaloupes —Indiana jumbos, flats, 35@ 60c; bushel, 50@60c. Pears—Calavos. $2.50 a box. Watermelons —25@75c. Bananas —A pound se. —Vegetables— Sweet Corn—Home grown, doz„ sc. Cabbage—Home grown, bushel. 65@75c. Celery—Michigan, at boxes. $1.25: medium, doz, 45c. Onions —California yellow, 60-lb. bag, $1.50. Potatoes —Rural New York. 100-lb bag, $1.65: Idaho Russets. 100-lb. bag. $2: new. barrel, $2.85. . , Sweet potatoes—New Alabama, bushel. $2. Beans—Round stringless, bushel, $1 @1.50. Beets—New. 25c a dozen. Carrots —Home grown, bushel. $2: doz.. 35c. Cauliflower—lOs-lls, crate, $1.75@2. Lettuce—Outdoor. 15-lb. basket. 85c: head lettuce crate, $6. Peas—California, hamper. $3. Radishes—Ohio. 50 doz. bunches, 50c. Rhubarb—Home-grown, dozen, 25@30c. Spinach—Home grown, bushel. 65c. Tomatoes—Home grown—lo-lb. baskets. 50@60c; bushel. SI. CHICAGO FRUIT MARKET (By United Press) CHICAGO. Aug. 3.—Fruit and vegetables: Apples—Michigan Transparents bushel. 504). 15c, Duchess, 500*0 $1 bushel. Cucumbers—lllinois bushels. sl*o 2. Tomatoes —Illinois lugs. 50*0 85c: Michigan 12 quarts. [email protected]. Sweet potatoes—Tennessee bushels. $1.25*0 1.35; Mississippi. SI 754J1.85. Mushrooms—lllinois. pound cartons, 25*040c. Peaches—Georgia bushels $1.50*0 2.25. Lettuce—California crates. $3 50*04: Ohio leaf. 10 lbs.. 50*060c. Beans —lllinois green bushels. $1.50*02.25. Cabbage—Wisconsin crates, $1.50*0,2. Cherries —Michigan, 16 quart, red sour [email protected]. Canteloup—lndiana crates. 50c*0$l; western crates. [email protected]. Corn—lllinois sacks, 5 dozen yellow. 40@60c. Peppers—lllinois bushels. $1 50*02. Carrots—California crates, $1.25*0 2.25. Egg plants—lndiana bushels, $1.50. Pears—Michigan bushels, $1.25*0 1.75. Onion market < 50-lb. sacks) —California yellows. $1*31.20: California whites, $1.75. Washington Valencias. $1 @l.lO. lowa yellows. 75c@$l. Births Girls Harvey and Laura Hammonds, 2029 Caroline. Oscar and Emma Jones. 2415 Northwestern. Howard and Maxine Johnson, 921 East Market. Stanley and Helen Roddick, 433 North Illinois. Joseph and Susan Sferruzzi. 4519 Fletcher. Edward and Dorothy Teeters. 2617 Highland place. Boys Lvle and Leona Gray. 1638 West Market. Otis and Helen Davis. 1625 Bates. Alvonis and Lucile Kinniebrew. 446 West Fifteenth. Dallas and Delia Mumaw. 2235 North Jefferson (twins'. Rov and Marv Tibbs. 116 Bloomington. Marlow and Hazel Tomey. 407 West Merrill. Edward and Dorothy Browning. 3327 East Washington. Robert and Ruby Chambers, 915 Paca. Deaths Katie Grube. 74. of 833 North Tacoma, carcinoma ■ Eva Winter. 83. of 1041 Union, chronic ; mvocardiris. Ravmond Batts. 44. of 1526 North Hamilton chronic parencvmatous nephritis Robert W. Flory. 7. of 716 North Alabama. mitral insufficiency. George Roberts. 61. Liberty and East Michigan, coronary occlusion. Louisa M. Allen. 79 of 1054 West Thirtv-third. cerebral hemorrhage. Charles Reed. 4 mos.. Riley hospital, enterocolitis. Walter E. Geisendorff. 19. Methodist hospital, edema of brain. Solomon Robinson. 48. of 943 Pac*. pulmonary hemorrhage. Ruth E Starks, 41. of 1925 Prospect, acute mjocardiut.
PORK MARKET 10 TO 25 CENTS HIGHERAT PENS Vealers Continue Advance; Cattle, Lambs Hold Steady. New high for the current year was regisered in hog trading at the Indianapolis Union Stockyards yesterday when prices moved around 15 cents higher than Thursday’s average. Lightweights showed an advance of from 10 to 25 cents. The bulk, 160 to 200 pounds, sold at $4.85 to $5.05. Heavier grades, scaling 200 to 300 pounds, brought $5.10 to $5.20. Initial top reached $5.25. anew figure this year. Bulk of light slaughter pigs, weighing 130 to 160 pounds, was selling at $3.40 to $4, while lightest classes on hand, weighing 100 to 130 pounds, cashed in at $2.25 to S3. Packing sows held at $3.75 to $4.50. Receipts were estimated at 6,000: holdovers, 288. Only slight action was displayed in the cattle market, with week-end clean-up trade on odds and ends at steady prices. Quality was plain. Bulk prices were undetermined. Receipts numbered 200. Strong undertone continued in veal trading, and the majority of prices were mostly strong to 50 cents higher than the previous close. Most grades sold at $6, while top held at $6.50. Receipts were 700. Initial sales of lambs remained unchanged. Bulk of ewe and wether classes sold at $7 to $7.50. Bucks were discounted sl. Throwouts ranged from $4.50 to $6. while slaughter sheep sold at $1.50 to $3. Receipts were 1,500. Trading was continued at the Chicago stockyards yesterday in open defiance of striking livestock handlers. Pickets made no attempt to Interfere with nonunion workers as the first shipments of livestock were moved through the yards. July Bulk. Top. Receipts. 28. $4.85® 4.95 $5.00 4.000 30. 4.603> 4 80 5.00 6.500 31. 4.55® 4.75 4.95 8.000 Aug. 1 4.70*3 4.90 5.10 5.500 2 4.70® 4.90 5.10 7.000 3. 4.85® 5.05 5.25 6.000 Market, Hikher (130-160) Good and choice 3.lb® 4.00 —Light Weights—-(l6o-1801 Good and choice.... 4 85® 4.95 1180-200) Good and choice.... 5.00® 5.05 —Medium Weights—-(2oo-220) Good and choice.... 5.10® 5.15 1220-250) Good and choice.... 5.15® 5.25 —Heavy Weights—-(2so-290) Good and choice 5.10® 5.15 (290-3501) Good and choice .. 5.00*3 5.10 —Packing Sows—(2so down) Good 4 15® 4.50 (250 lbs.) Good 4 00® 4.25 (All weights) Medium 3.75® 4.15 —Slaughter Pigs—-(loo-130) Good and choice.... 2.75® 3.00 CATTLE Receipts, 200; Market, Steady Good and choice $ 6.50® 8.75 Common and medium [email protected] (1.100-1.500) _ „ Good and choice 7.00® 9.00 Common and medium 5.00® 7.50 (550-750) — Good and choice 5.00® 6.75 Common and medium 2.00@ 5.00 (750-900) Good and choice 5.00@ 7.00 Common and medium 2.00® 5.25 —Cows— Good 2.75® 3.50 Common and medium 2.00® 2.75 Low cutter and medium I.oo® 2.00 Bulls (yearlings excluded) Good (beef steers) 2.50® 3.50 Cutter common and medium.. 1.50® 2.50 VEALERS Receipts, 700; Market, Higher. Good and choice $ 5.50® 6.90 Medium 4.00® 5.50 Cull and common 2.50® 4.00 —Calves— Good and choice 4 50® 5.50 Common and medium 2.50® 4.50 —Feeder and Stocker CattleGood and choice i- 00 H f' 50 Common and medium 2.75® 4.00 (800-1.500) . .. Good and choice 4.00® 5.50 Common and medium 2.75® 4.00 SHEEP AND LAMBS Receipts, 1.500; Market, Steady. Lambs. 90 lbs. down, good and ■ choice .....$ 7.00® 7.50 (90-110 lbs.) Good and choice 6.ao® 7.25 (90 lbs. down) Com. and rned. 4.50® 6.50 —Ewes— Good and choice 2.00® 300 Common and medium I.oo® 2.00 Other Livestock (By United Pressi CHICAGO. Aug. 3. Hogs Receipts, 10.000, including 8.000 directs: meagre supply on sale: better grade weights above 200 lbs.. s4.9o*fis; top $5.10: lighter weights $4.90 downward; good packing sows, s4® 4.25; big weights and plain kinds at $3.90 downward; light lights 140-160 lbs., goo and choice. [email protected]; light weight 160200 lbs., good and choice. $4.35®5; medium weights 200-250 lbs., good and choice, $4.90®5.10- heavy weights 250-350 lbs., good and choice, 54.75© 5.10; packing sows, 275-550 lbs., medium and choice, $3.25® 4.25; slaughter pigs, 100-130 lbs., good and choice, [email protected]. Cattle—Receipts. 4,000 commercial. 6,000 government; calves, receipts, 1,000 commercial. 2,000 government; better grade steers and yearling, mixed yearlings and all she-stock 25c or more higher than last open market; small killers inactive; best 1,174-lb. steers at $9; heifers averaging 867 lbs. at $7.50; most cutter and low cutter cows. sl®2; selected vealers 56®6.25; bulk at $5®5.50; slaughter cattle and vealers: steers 550-900 lbs., good and choice, $5.75@8 25: 900-1,100 lbs., good and choice, s6®9 25; 1.100-1.30 lbs., good and choice, $6*5)9.75: 1,300-1.500 lbs., good and choice, $6.75*5) 10: 550-1,300 lbs., common and medium. $2.50*5)>6.75; heifers 550-750 lbs., good and choice, [email protected]; common and medium. $2*5)5: cows. good. [email protected]: common and medium. $2.25*5) 3.25; low cutter and cutter, $1®2.25: bulls, yearlings excluded, good beef. $3.25*5)3.75: cutter, common and medium. $2*5)3.50: vealers. good and choice. $4.75®6.25; medium. $3*5)4.75; cull and common, $2.50*53: Stocker and feeder cattle: steers 550-1.050 lbs., good and choice. $4®5.50; common and medium $2.25*5 4.25. Sheep—Receipts. 2,000: only odd carload and few small lots on sale: practically no early action; sellers asking higher compared pre-strike levels; no bids; slaughter sheep and lambs: lambs 90 lbs. down, good and choice. $6.25*5)7: common and medium. $4.25® 6.40: ewes 90-150 lbs., good and choice. [email protected]: all weights, common and medium. $1.25®2.25. FORT WAYNE. Aug. 3 Hogs. 10 to Uc tigher: 250-300 lbs.. $5.15: 200-250 lbs.. $o; 180-150 lbs. $4.85: 160-180 lbs.. $4 70; 100-160 160 lbs.. $3.85; 140-150 lbs S3 60. 130140 lbs.. $3 20; 120-130 lbs . $2.75: 100-120 lbs.. $2 40: roughs. $3.75; stags. $2. Calves —s6: lambs. $6.50. LAFAYETTE. Aug. 3.—Steady to 15c higher: 200-300 lbs.. $55 505 180-200 lbs.. $4 80® 4 90: 160-180 lbs . $4.60®4.70: 140160 lbs.. $3.5053.75: 120-140 lbs. *2.75® 3.15: 100-120 lbs.. $17552.25: roughs. $4.25 down; top calves. $5; lambs. $6.50 down. (By Times Special) LOUISVILLE, Aug. 3.—Cattle—Receipts, 175 including 41 direct: salable supply light quality plain, market fully steady; bulk common to medium, steers and heifers [email protected]: very little selling under $3- better'finished fed offerings, quotable ss®6 or better; bulk beef cows. $2.50®3: good to 53.50 and above; low cutters, sl® 2.25; sausage bulls mostly $3 down; Stockers and feeders scarce, quotable fully steadv. Calves—Receipts. 500; better vealers. mostly 50c higher at ss® 5.50; medium and lower unchanged at 4 down. Hogs—Receipts. 800; market. 10c higher; 210-300 lbs. weights. $5.10: 1852C5 lbs . $4.90; 305 lbs. up. $4 40; 160-180 lbs $4 10- 145-155 lbs.. $3 75: 120-140 lb' $2 35:’ sows, $2.85 Sheep—Receipts, 2 000 including 344 stock ewes; market not established: early bids steady at $6.50 @6.75 for most better lambs, and up to $7 and above for choice offerings; sellers fenerallv asking higher: fat ewes, most I®2: bulk stock ewes. $5 [email protected] a head; choice young ewes up to $8 or better. SUSPEND STOCK ISSUE Trade Commission Kalin? Delays Sale of Minin? Stock. By United Pres WASHINGTON. Aug. 4 —The federal trade commissicn yesterday suspended indefinitely issuance of 155.000 shares of common stock by the Gold Bell Mining Cos, Ltd.. Rea Rock. Ariz., because the concern failed to supply essential information in its registration statement under the 1933 securities act.. The shares were to have been issued at from 25 to 30 cents each, the company receiving 16 cents.
Chicago Stocks .Bv Abbott. Hoppin dte Co.i ————
—AUK 3 High Low. Clow? Bendix Aviation l2 > Berghoff Brew C % < 2 Borg-Warner „?9 If 2 Butler Bros 7% 1 • ‘ * Chicago Corp Com Chicago Mail Order f% Cities Service . • .1," Commonwealth Edison 48 * 48 48 Cord Coro 3 ‘*,, 3% 2 * Marshau'Vield A- Cos 11% 10% lj% General House Util 3 Great Lakes Dredge ... 14
Cash Grain
INDIANAPOLIS —Aug. 3 The bids for car lots of grain at the coll of the Indianapolis Board of Trade, f. o b.. shipping point, basis 17%c to river. Wheat—Easv: No. 1 red. 93i)94c; No. 2 red 92® 93c; No. 2 hard. 93® 94c. Corn—Steadv; No. 2 white. 67@67%c: No. 3 white. 56@66%c; No. 2 vellow. 65® 65%e No. 3 vellow. 4®64%c; No 2 mixed. 64® 64 %c: No. 3 mixed. 63®63%c. Oats—Steadv: No 2 white. 43%@44%c; No 3, white. 42%@43%c. Hay—(F. o. b. countrv points taking 23%c or less rates to Cincinnati or Louisville). Timothy No. 1. $13913.50. —lnspections Wheat—No. 1 red. 6 cars: No. 2 red. 11 cars; No. 3 red, 4 cars; No. 1 hard. 3 cars; No. 1 mixed. 3 cars; No. 2 mixed. 3 cars. Total, 30*cars. Corn —No. 1 wriite. 1 car; No. 2 white, 9 cars; No. 3 white, 8 cars; No. 4 white. 1 car. No. 2 yellow. 13 cars; No. 3 yellow, 15 cars; No. 4 vellow. 1 car: No. 5 yellow. 1 car Total. 49 cars. Oats—No. 2 white. 2 cars; No. 3 white. 20 cars- No. 4 white, 4 cars; No. 3 mixed. 1 car. Total, 27 cars. Rve—No. 1, 1 car: No. 2,3 cars. Total, 4 cars. Local Wagon Wheat City grain elevators are paying 89 cents for No. 2 soft red wheat. Other grades on their merits (By United Press) CHICAGO. Aug. 3.—Cash grain: Wheat No. 1 red, $1.04; No. 2 red, $1.02%® 1.03%; No. 3 red, $1.01%@1.02; No. 5 red, $1.00%; No. 1 dark hard, $1.08%; No. 2 dark hard, 51.07; No. 1 hard. $1.07%® 1.08: No. 2 hard, $1.07®1.07%: No. 3 hard, $1.04%® 1.06; No. 5 hard, $1.00%: garlicky No. 3 red, 97c; weevily No. 3 red, sl.Ol. Corn—No. 2 mixed. 80%c: No. 4 mixed, 70%c; No. 2 yellow, 71@71%c; No. 3 vellow, 70@70%c; No. 4 yellow. 70c; No. 5“ vellow, 69%@70%c; N. 6 yellow. 68%c- No. 2 white, 72%c; sample grade white, 64®66c. Oats—No. 1 white. 49 1 ic; No. 2 w r hite, 48c: No. 3 white, 44%@48c; No. 4 white. 43@43%c: sample grade white. 39%® 42c. Rye—No sale. Barley —Bo® 85c: quotable, 58® 94c. Timothy—sll.so® 12. Clover seed—slo.7s® 15. Cash provisions—Lard. $7.57; loose. $6.97; leaf. SI: bellies, $10.32. TOLEDO. Aug. 3 —Grain close: (Grain in elevators, transit billing) Wheat —No. 2 red. $1.03® 1.04. Corn —No. 2 yellow. 75 ® 76c. Oats—No. 2 white. 50® 51c. Rye —No. 2. 79%@80%c. (Track prices 24%c rate) Wheat —No. 1 red, 99c®$1; No. 2 red. 98® 99c. Corn—No. 2 yellow, 70%® 71%c: No 3 yellow, 70®70%c; No. 4 yellow. 69®69%c. Oats—No. 1 white. 48%® 50%c No.-2 white. 47®48%c; No. 3 white, 44® 47%c. ST. LOUIS, Mo.. Aug. 3.—Cash grain: Wheat—ln quiet demand, steady to lc lower on red. hard grades steady: No. 1 red, sl.Ol %c: No. 3 red. 99%c® *1.00%; No. 5 red. 99c; No. 2 red garlicky, 95c; No. 4 red garlicky, 93%c; No. 2 hard. $1.07; No. 3 yellow hard. $1.06; No. 2 light garlicky. 98%@99c; No. 2 mixed, $1.05. Corn—ln fair demand. %c higher; No. 2 mixed. 71%c; No. 2, yellow. 72c: No. 4 yellow. 71@ 71%c; No. 2 white. 74c Oats—in slow demand, tone steady; No. 3 white. 43%c; No. 3 mixed, 44%c; No. 3 rye 87c. Chicago Futures Range (By United Press) —Aug. 3 Wheat— Prev. Open. High. Low. Close, close. Sept., 01d..1.02% 1.03% 1.02'/a 1.02% 1.03 Sept., new. 1.02% 1.03% 1.02% 1.02% 1.03 Dec., old .1.05 1.05% 1.04% 1.04% 1.05 Dec., new.1.04% 1.05% 1.04% 1.04% 1.05% May 1.07% 1.07% 1.06’e 1.07 1.07% CornSept 70% .71% .70% .71% .70% Dec 73% .74% .73% .74% .73% Mav 78 .78’, * .77% .78% .77% Oats— Sept., old. .46% .46% .46% .46% .46% Sept., new. .46% .46% .46% .46% .46% Dec., old . .48% .48'A .47% .47% .48% Dec., new. .48% .48% .47% .47% .48 May 50% .50% .49% .49% .50 Rye— Sept., old. .76% .77% .76%. .77% .76% Sept., now. .76% .77% .76% .77% .76% Dec., old . .78% .79'A .78'/g .79 .78% Dec., new. .78% .79% .78% .78% ..... Ba rley— Sept., old. .60% .61% .61 .61 Vx 61 Sept., new. .61 Vs .61% .60% .61 % .61 Dec 63 .63% .63 .63% .63 Lard— Sent 7.65 7.75 7.65 7.72 7.65 Oct 7.87 7.87 7.77 7.87 7.75 Nov 7 95 7.90 Dec 8.15 8.17 8.05 8.15 8.05 Jan. 8.25 8.27 8.20 8.27 8.17 Bellies— Sept 10.50 10.50 10.47 10.47 10.45 CHICAGO PRIMARY RECEIPTS —Aug. 3 —Bushels— Today. Last. week. Wheat 720,000 394,000 Corn 654.000 631,000 Oats 90,000 95,000 Produce Markets Delivered in Indianapolis prices; Heavy hens. 10c Leghorn hens. 7c 1934 broilers, 2 lbs. and over, 15c. Leghorn broilers 1% to 2 lbs. and over 13c bareback broilers 11c; old roosters. 4c: ducks and geese 3c; young guineas. 20c; old guineas. 15c; No. 1 strictly fresh country run eggs, loss off 79c. Each full case must weight 55 lbs. gross; a deduction of 10 cents a pound for each pound under 55 lbs. will be made. Butter—No. 1. 27®28c; No. 4. 25@26c. Butterfat, 21c. Quoted by Wadley Company. (By United Press) CHICAGO. Aug. 3.—Eggs—Market, firm: receipts, 5,811; extra firsts, 18%c; fresh graded firsts 18!4c; current receipts, 14% ®l6%c; dirties No. 1. 14c; No. 2,11 c; checks. No. 1. 14c; No. 2. 11c. Butter— Market, firm; receipts. 15,888; extra firsts (90-91% score). 24®24%c; extras (92 score), 25%c: firsts (88-89% score). 22’i® 23%c; seconds 186-87% score), 21@22c; specials, 26®26%c; standards, 25'Ac. Poultry—Market, steady to easy; receipts. 33 trucks. 1 car due; fryers, 13® 18c; White Rocks. 15c; broilers. Plymouth kock, 14%c; Leghorn. 13%c; White Rock, 13%c; geese, 7®Bc: turkeys, 14c; old roosters. B%c: hens. 10%®12%c: Leghorn hens. 11 @l2c: black chicks, 10® 12c; cocks. 8c; Leghorn cocks. 9c. barebacks, 13: olored springs. 17; White Rock. 19c; sprin - ducks. 10%e; colored Plymouth Rocks. Ho; Leghorns, 8%®10%c. Cheese—Twins, ll’i® 12c: daisies. 12' 4 ®12%c: Longhorns. 12'A *8 12%c. Potatoes—Supply moderate; demand and trading slow; market, dull: Idaho Triumphs. $2, show-ing decay. $1.65; Wisconsin triumphs, $2: Nebraska Cobblers $1.30: Wisconsin Cobblers. $1.25® 1.35: Maryland Cobblers. $1.40; barrel Cobblers. Virginia. $2.15. Arrivals. 45. on track. 141 shipments. 397. NEW YORK. Aug. 3 Pota toes— Easv; Long Island. 45c® $125 bag; New Jersey. 60c® sl.lO bag: southern, $1.25®1.50 bbf: Maine. sl® 1.15 bbl. Sweet potatoes—Dull; Jersev, bskt.. 25c®52.25; southern, bskt.. $lB 2 50. Flour—Steadv: springs: Patents. $7 50®7.75 bbl. Pork—Firm; mess. $19.75 bbl Lard—Firm: middle west spot. $5.10® 5.20 a 100 lbs. Dressed poultry—steadv; turkevs. 12®33c: chickens. 8828 c; broilers. 16® 23c; capons. 2S@ 35c; fowls. B@l7c: ducks, 12®14c: Long Island ducks. 11% 15c Live poultry—Firm; geese. 6®7c: turkevs. 10® 15c: roosters. 10c: ducks. 8810 c: fowls. 9® 15c: broilers. 10® 24c. Cheese —Easv: state whole milk fanev to specials. 18® 19c; Young America. 13%@ 13%c. Butter—Receipts. 7.789 packages: market firmer; creamerv higher than extras. 26% 8 27%c: extra (92 score). 26%c: first *9O- - score). 25%®26c: first (88-89 scorei. 24®24%c: seconds. 238 23'jc. Ecgs—Receipts. 9.744 cases; market irregular; special packs, including uaiusual hennery selections. 22825%c; standards. 21®21%c; firsts. 19%c: seconds. 17%c; mediums. 16% @ 16%c; dirties. 16%c: checks. 14@15c. CLEVELAND. Aug. 3.—Butter—Market, firm- extras. 29%c; standards. 29%c. Eggs —Market, steady: extra white. 20c; current receipts. lsc: ordinary firsts. 13c. Poultry—Market, steady: colored fowls. 4% lbs. and up. 14%c: roosters old. 10c; ducks white. 5 lbs. and up, 14c. Potatoes —Mostly [email protected] a barrel. Retail Failures Decline By Times Special CHICAGO. Aug. 4 —United States retail failures for the week ended July 26, numbered 215, against 234 in the previous week, and 333 for the corresponding week of 1933.
Evening School Strong courses offered In Secretarial. Stenography, Accounting, Bookkeeping and kindred subjects. Spend part of your evenings in selfimprovement. Cost low. Central Business College Architects A Bonders Butldtns Indianapolis.
Even ng Law School ■r v) a, OPENS SEPT. 17TH A for 37th Year three year standard legal coarse leads to LL.B. degree catalogue Upon Request BENJAMIN' HARRISON LAV? SCHOOL ,15J Consolidated Bids- Riley SOW
Libbv-McNeil 6A 5% 5% Lvnch Com ?* Swift A- Cos 17', IT 17% Swift Internationa! 33%- 32% 31% Thompson JR 5 Utah Radio l Zenith Radio 2' FRANCE MAY RE-ENTER WORLD WHEAT MART Current Year Crop Estimated at 250,000,000 Bushels. By United Prc*s PARIS. Aug. 4—France is likely to enter the world wheat market soon for the first time in three years because of a deficient crop this season. For the past two years France has reaped bumper crops of about 350,000.000 bushels a year, but present estimates place the 1934 crop at not more than 70,000.000 quintals, or 250.000,00 bushels. The 70,000,000 bushels held in storage from previous years is expected to be entirely absorbed by this year's deficiency, as the nation requires about 300.000.000 bushels for domestic consumption in addition to 39.500 bushels for cattle feed and sowings. CHRYSLER EARNS NET PROFIT OF $8,192,084 Directors Declare Regular Payment of 25 Cents a Share. By 1 imes Special NEW YORK. Aug. 4—Chrysler Corporation earned a net profit in the first half of 1934 of $8,192,084. equal to SI.BB a share, compared with $4,747,534. or sl.lO a share in the corresponding six months of 1933, the company reported yesterday. Directors declared the regular quarterly dividend of 25 cents a share, payable Sept. 29, to stockholders of record Sept. 1. Net profits of the corporation lor the second quarter of 1934, the report showed, fell off so $4,888,234, compared with $7,785,616 in the corresponding period of last year. The company earned a net profit of $3,303,850 in the first three months of 1934. Dividend Changes Off By Times Special CHICAGO. Aug. 3.—Standard Statistics reports the number of favorable dividend changes during July totaled ninety-eight, as compared with 138 for the month before. Changes for the month of July of last year numbered 71. Weekly Food Index Steady By Times Special CHICAGO. Aug. 3.—The weekly food index as compiled by Dun & Bradstreet remain unchanged, $2.18, during the week ended July 31. The price was $1.97 for the like week of last year. NORTH SIDE Talbot A 22 tirl T A I Doable Feature I MLD v I I spencer Tracy “NOW I’LL TELL’’ “SMARTY” R~ — ~ ~ZT Illinois at 34th / Double Feature • I • rat O Brien “PERSONALITY KlD’’ “MANY HAPPY RETURNS’’ Sun. Double Feature —Mary Brian “PRIVATE SCANDAL’’ 4Vm. Powrll-Myrna I.oy “THE THIN MAN” G e.TG-v , , i * 3nfl at College UPTOWN “BIG SHAKEDOWN” “PRIVATE SCANDAL” Sun. Double Feature —John Barrymore “TWENTIETH CENTURY” fhas. FarrHl-l;itiot fia.vnor “CHANGE OF HEART” 7~T 2351 Station St. D H A A A Double Feature i\ L n /v\ otto KnißPr “THE CRIME DOCTOR” “STRAWBERRY ROAN’’ Sunday, Boris F 'ff-Bela Lugosi “THE BLACK CAT” - / ■ 19th 'nd College Stratford Do s£ l ™ an “I LOVE THAT MAN’’ “UNKNOWN VALLEY” Sun. Double Feature—Bela Lugosi “THE BLACK CAT” Geo. Kaft-.Adolphe Menjou “THE TRUMPET BLOWS” . Noble at Mass. If r A Double F'eature L r\ Kllth ( hatterton “JOURNAL OF CRIME” “NO MORE WOMEN” Sun. Double F'eature —Chas. Farrell “GIRL WITHOUT A ROOM” Claudette Colbert-Marv Boland "FOUR FRIGHTENED PEOPLE” inn I /e- I * Illinois at .Kith GARRICK *ssr£gi" “YOU CAN’T BUY EVERYTHING” “DANCE GIRL DANCE” Sun. Po mlb Feature —Frrdrlo March “DEATH TAKES A HOLIDAY” Joe F. Brown “A VERY HONORABLE GUY” R_ . . 30th & Northwestern p Y Double Feature “ Kay Francis “HOUSE ON 56TH STREET” “POLICE CAR 17” Sun. Double F'eature —Sylvia Sidney “THIRTY DAY PRINCESS” John Boles-Speneer Tracy “BOTTOMS UP” _. .... St. Clair at Ft. Wayne N| [ A D Double F'eature se I • I), Fairbanks “CAPTURED” “MAN TRAILER” Sun. Donble Feature —Jack Oakie "MURDER AT THE VANITIES” Joan Crawford-F'ranchot Tone “SADIE M’KEE” EAST - SIDE __ _ . . .~_T 1352 Fl. "wash. St. STRAND ■rrs'/ir “SPRINGTIME FOR HENRY” “MODERN HERO” Snn. Double F'eature —All Stars “HOLLYWOOD PARTY" Richard Div-Irene Dunne “STINGAREE” R, . . —. . . Dearborn at 10th |\/I] I I Double Feature * 1 N - / *- 1 All Stars “HOLLYWOOD PARTY” “HONOR OF THE RANGE” Sunday Myrna Loy-W'm. Poßfll “THE THIN MAN ’ ~ - . . . . 5507 E. Wash. St. D V f\l (I Double F'eature * IN ▼ ll’ NJ Ralph Bellamy “CRIME OF HELEN STANLEY” “CHANGE OF HEART” i Son. Double Feature— Shirley Temple | “LITTLE MISS MARKER” John Barrymore-Carole Lombard “TWENTIETH CENTURY”
AUG. 4, 1934
WEATHER NEWS RULES TRADING IN GRAIN MART Wheat Closes Fractionally Higher Despite Early Profit-Taking. BY HARMAN W. NICHOLS United Tres* Staff Correspondent CHICAGO. Aug. 4. —Weather news held the attention of the grain trade on the Chicago Board of Trade yesterday while prices moved nervously in a limited range. Wheat finished 1 1 to % cent lower. Corn was % to % cent up and oats was ’ s to % cent lower Hot and dry weather prevailed over a major part of the belt although the situation was relieved in some sections by rain storms. The drought in most sections raged unabated and the weather map showed only signs of spotty relief. Wheat Crop Burning On top of yesterday's startling prediction of the lowest crop yield i on record considering population, a flood of fresh reports of deterioration came in. The corn belt wired numerous complaints of damage reported in new sections while the , chief cry in the American north- | west and Canada was for relief for a burning wheat crop. A local statistician, in a detailed report, suggested the aggregate i yield of corn in Nebraska, Kansas, | Oklahoma, Texas and Colorado as i 98.000.000 bushels, a drop of 240 - | 000,000 bushels during the month jof July. Both Illinois and lowa, j the greatest corn states in the | middle west, were said to have last | around 40.000,000 bushels each duri ing the thirty-day period.
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EAST SIDE EMERSON * raE 7T .1 2116 E. 1 (Hh~st7“ Hamilton ~ Sew Jer. at E. Wash. Paramount “MURDER IN TRINIDAD” “DEADWOOD PASS” Sun. Double F'eature —(lias. I.aggie* “MELODY IN SPRING” Siillr F.ilprs “THREE ON A HONEYMOON” 293(1 E. lWh St. PA K K F K Double Feature r n 1\ l\ L l\ Bing Crosby “WERE NOT DRESSING” “ALL OF ME” Stilt. Double Feature —Glenda Farrell “MERRY WIVES OF RENO” Preston Foster “SLEEPERS EAST” R _ . . 2721 E. Washington ( ) Y Y Double Feature /X * < hester Morris KING FOR A NIGHT” “SILENT MEN” SOUTH SIDE ~ Fountain Square Double Feature Donald t ook “FOR OVER FRISCO” “A MAN RIDES ALONE” Sun. Double Feature—Joan HlondeU “HE WAS HER MAN” Richard Dix-Irene IMinne “STINGAREE” _ . Prospect and Shelby SANurRS Double F'earure ’-*'* ' L-r L. I\ vy $ ietor MaeLaglen “WHARF ANGEL” “WHEELS OF DESTINY” Sun. Double Feature—Ralph Bellamy “CRIME OF HELEN STANLEY” Johnnv \\ ejsm u I ler-Ma " reen O'Sullivan “TARZAN AND HIS MATE” O. I 1105 S. Meridian r I O n fa Double F'eature 11611 Ia I Kulph Bellamy “CRIME OF HELEN STANLEY” “DUDS BANDIT” Sun. Double Feature —Glenda Farrell “MERRY WIVES OF RENO” Dark Gahle-Wm. Powell “MANHATTAN MELODRAMA" Prosp.at Churchman AV A ()l\l Double Feature *'T/ \LI 3 \ ietor .MaeLaglen “WHARF ANGEL” “ARIZONA” Sun. Wallace Beery-F'ay H ray “VIVA VILLA” _T _ 1 1129 s. Meridian KAACPVP t Double Feature IXUUJC VCII Victor .lory “MURDER IN TRINIDAD” “LONE AVENGER” Sun. rionhle F'eature—May Rnh*on “YOU CAN’T BUY EVERYTHING” Wynne Gibson “THE CROSBY CASE” westTside 2540 W. Michigan f) A V Y Donble Feature LS / “A VERY HONORABLE GUY” “RIDERS OF DESTINY” Sun. Dble. Feature —Barbara Stanwyck “GAMBLING LADY” Richard Dix—lrene Dunne “STINGAREE” __ : 7~, _ . ,_ \\ " ash. at Reimont BELMONT “HAROLD TEEN” “SMOKING GUNS” _ - C T A T p Double Feature w I r\ I l. Tom Keene “CROSSFIRE” “RECKONING” Sun. Double Kent lire— Hal l**Koy “HAROLD TEEN” Jack Oakie in Flarl Carroll’s “MURDER AT THE VANITIES*
