Indianapolis Times, Indianapolis, Marion County, 28 May 1936 — Page 24

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~ Abreast of of : The "Times on

SERA

Finance

PAGE 24

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THURSDAY, MAY 28, 1936

The downward trend of roholesals commodity prices which lasted for five consecutive weeks was réversed during the week ended May 28 when the index advanced to 75.4 per cent of the 1926-28 average from

75.1 in the preceding week.

IN T. FLYNN— , May 28.—Men who

regulating the produc-

seems quite as difm- . It will illustrate, perhaps, seammes how the minds y of lawyers, Bent

on conclus hg work. - The courts, apparently, can not get their minds off the individual lump coal. The coal industry, 2 p p a rently, does not concern them or occupy their 1 m a ginations. They see only the single lump of coal, if you er will, the single coal. Coal at rest in a state , in interstate commerce. Coal ything—it would seem, is in te commerce only when it tion across states lines. 2 n = EN the coal is mined in a state, the act of mining it making it ready for the marpurely a state matter. The perhaps, in a railroad train De West Virginia to New is in commerce, and intercommerce at that. Hence it becomes subject to regulation government. When it art the coal yards of Smith, weod and coal man, it has to rest” again in the state no longer in interstate com-

are two features of ~ ‘which the courts ~ Coal, as coal, is of no imIt is important only benon it is dug out of the is destined for the use of “citizens. The coal industry, 1 , 1s, in reality, not a minstry, but rather an organE ehanie for getting coal the mine and into the citicellar. It does not seem inor realistic, therefore, to this mechanism up into half sections and to say that is purely a state matd another section an inter-

atter. ng coal in West Virginia to to West Vifginia dealers d to West Virginia cons is truly an intrastates busi But mining coal in West Viro ship to dealers in Kansas to Kansas consumers is not an intrastate busican be made so merely by can be made so merely by and labeling each part. on ” os JERE is another side to this. The coal industry spreads over states. Each mine is a unit, sure. But it is a part of the industry. The mine may be

state. But the industry The prices, production, the practices, the activities in mine exert a powerful inupon every other mine. in West Virginia are in ition with workers in Illi-

fe court logks at the it must conclude that it is But if it looks at the of coal or single load r single mine it will conhat it is intrastate. ; BE we ask this question. coal industry in commerce le or an intrastate p answer it are we to look

a of coal, or are we to the industry as a whole? would commend itself

e rather than the

1936, _ NEA Service, Inc.)

below h are fice being offefed to Be in ealers.) wherries: as I wi nd le a PRaskets), ~ $1. A nn Grapefruit ey, 3950 bin Cay : ho. $32. Honey wWE—S. green, round is rnia ie.

LOCAL STORES GAIN VOLUME, BANK REPORTS

Electrical and Hardware Wholesalers Also Show Business Upturn.

enjoyed a net sales increase of 8.3 per centin April as compared with the same month of 1935, according to a report released today by the Federal Reserve Bank of Chicago. The report also shows-a gain of 6.2 per cent for the first four months of this year as compared with the similar period of last year. Department store stocks in the city were reported as 1.4 per cent greater at the end of April than was the case a year before. Collec-

| tions were shown to be slightly bet-

ter. The ratio of April collections to accounts outstanding at the end of March, 1936, was 45.1 per cent; at the end of March, 1935, 44.8 per cent.

City Lower Than Average

The 83 per cent gain of last month over April 1935 by local stores compares with other cities as follows: Detroit, 5.6; Milwaukee, 8.8; Chicago, 10.7. The average gain for the district (constituted of the

diana, Illinois, Michigarf, Wisconsin and Iowa) was 9.9 per cent. The Federal Reserve bulletin, comparing April department store sales with those of March, 1936, said that the average rise for firms reporting was 9 per cent. Detroit recorded the heaviest increase over the preceding month with a 16 per cent ° increase; Milwaukee showed 12, and Chicago 7. In.this table Indianapolis trade was shown to have declined 13; per cent.

Earlier Spring Here

Interpreting the decline here in April from the March level, bath T. B. Griffith, L. S. Ayres & Co. vicé president, and William Book, Chamber of Commerce executive secretary, pointed out the fact that Indianapolis is the farthest south of any -large city in the Seventh Federal Reserve District. They be> lieve that seasonal business starts here several weeks earlier in the spring than it does in Detroit, Milwaukee and Chicago. This would throw the local heavy spring buying in March rather than April. The Indiana University Business Review blames a late April buying

lull in Indianapolis on unfavorable

weather. Wholesale trade in the district made. gains in nearly all reporting groups, according to the bank survey. Some of these increases, as is true of the 5 per cent rise in grocery sales for April over the preceding month, are contrary to seasonal trends.

Drug Trade Improved Electrical supplies made the most impressive advance. The gain over the preceding month was shown as 18 per cent and over April a year

corresponding period of 1935.

onal decline in the drug business is

sales running higher for the year |w than during 1935.

Other Livestock

(By Times Special) LOUISVILLE, May 28.—Cattle—Receipts, 225, including 65 direct; salable sup ny sisughter cattle ry light; demand able; market quotable rey ried on most slaughter ° classes; most steers and heifers salable, $7@8; very little available of quality to sell above 38 and common dairybreds quotable down to $6.50; beef cows salable mostly [email protected]; practical top $6: most low cutters and cutters [email protected]; sausage bulls considered salable mostly [email protected]; light beef type stockers and stock calves $6. better steer calves eligible higher. —Receipts, 550, including 250 stock calves; market generally Steady: bulk good. to choice grades, [email protected]; most medium and ; wer grades, $6@8. Hogs—Receipts, 800; market 10c higher; better 160 to 225 $9.85; 230 >= ITT 1bs., $9.55; 255 to 300° 1bs, $9; 305 lbs u $8.55; 120 to 155 lbs, $9; sows, $7.65. S eep—Recel ts, 1800, run mostly spring lambs; genera quality only fair: practically no early sales; mos bids around 25c¢ lower at $11.75 to mostly $12 for good to choice springers; old crop sheep and lambs considered salaol steady: most clipped lambs, 50@9; clipped “ewes, $3.75 down.

Commodity Prices (By Abbott. Proctor & Paine) COTTON NEW YORK

Low 10.39 11.49 10.47 10.37 10.37 9

July Sete fliae September ....

aa ADOE aos, 3a 230 tember .... ’ November ..... 3.78 2.7%

BUTTER

: . Close’ NOVEMDEr cosvece.creninness.28%D June .29%b

Sessa taavnnann,

cesses

October b—Bid.

. FRUITS. AND VEGETABLES IL United Press — Apples — Willow Foie sida: 8 pCR Sina

Stcvsrsasess near

Close 23%Dd

Hardware merchandisers also re-|N ported noteworthy gains. The seas-|{p

New York Stock k Exchange Prices

Volume approximated 760,000 shares compared with 1,220,000 shares yesterday. Curb sales were 175,000 shares compared with 239,000 shares yesterday. Dow Jones preliminary closing averages showed industrial 151.77, off .80; railroad 45.99, off .34; utility 31.23, off .28.

(By Thomson & McKinnon) Low Close C

Indianapolis department stores | 22

Houston (new).. Mid Cont Pet ... Ohio Oil 1

Phillips Pet .... 40% Plymouth ofl ...

. 15% Un Oil of Cal. 21%

Steels

Am Roll Mis . Beth Stee Byers A *M us Cruc Steel ...... 32% Inland Steel .... 3a Ludlum Steel 25% McKeesport Tin. 100.4 Mid Steel 40% Natl Steel Otis Steel 1 Rep Tron & Steel 15% Rep Ir & St pid

27% 53s 18%,

27 51% 17% 32% 93%,

25% 109 39 61%

1534 19% 82

25 107% 39 61%

8 Steel 61%, U 8 Steel pfd..125

Warren Bros wy 232 War Pipe & Fay 24 Youngstn 8 & 61% Motors— Auburn ..eo..n. 30Ys Chrysler 738 Gen Motors .... Graham Mot ..

larger portions of the states of In-|Reo

1 Yellow Truck .. Motor Access—

Bendix Bohn Alum Borg Warner Br FIRgs it

g Elec Auto Lite.. Elec Stor Bat... 4 Greyhound “B”. Houdaille - Murray Body ... Stew Warner ... Timken Roll Timken Det Axle Mining—

Alaska Jun .....13% Am Metals ..... Am Smelt 1 Anaconda Cal & Hecla .... Cerra De Pasco. Dome Mines .... 5

63%

64 16% 16%

Kennecott Cop.. McIntyre Mine.. 43

Vanadium Amusements—Crosle

Radio Corp Paramount RK

Warner Bros ... + Tobaccos— Am Snuff

Am Tobacco Am Tobacco

56% 56% MI a Phillip Morris: : 2 Reyn Tob Rails— Atchison 72 Atl Coast Lines 253; Atl Coast Lines 25% B&O

Can Pacific Ch Es Ohio

M St East p bd as Chi N W . fo . 41 16% 3

53%

H Del Lac & W.. Erie pid 20 Gt Northern pfd 39 Ill Central 21%

ago as 274 per cent. For the first |X ¢c sou

four months of this year, the elec- | fou trical wholesalers. reported their M x & T sales 16 per cent higher than for the Mo_Pa¢ ¥

recorded as less than usual with Sou RR

abash West Maryland.. Equipments— Am Car & Fdy. 35%

Am Loco Am Steel Fdy.. Ba ld Loco

Gen R BE Sig ... Pullman Inc ... West Air Br ... Ya Westingh Elec..118 Utilities — Am & For Pwr. 7% Am Power & Lit 11% AT & T Am Wat: Wks Col Gas & Elec comm % Sou Consol Blec Pwr 2 Lit. Int Hvdro Elec. Int T &

AA a icon 3 SSN SN SN Sr SSS SS =

a NS

DIDI

Std Gas Ys Stone & Jyebster 18 United Corp 6%

Local Securities

(By, Sndiananolis Bond and Share Corp.)

sent actual- bids or offerings, but Jnesely indicate the approximate market Jl ba. on buying and selling recent transactions.

BONDS i T, LR . §%s “ia -108

3% | Monsanto Chem 86%

quotations do not repre- | N:

ar 13% 81%

<3 : %

ASChOF oD Lan

3rkiyn Man Sirtoughs Add. 36% J 1 Case Ra

Underwood E ... 84%; Worthington Pm 28% Foods— Am Sugar <..... 58

our Armour 6% pid. Beatrice - Cream.

G W Sugar 3 Natl Biscuit .... Natl O Prod ... Purity Bak S Porto R! gu Br Srand is United Fruit” e's d Bak

Gm Un \Tea Jewel Tea Kresge 8 Kroger Groce Macy R H McCrory 8% ... McLellan St.... Marshal Field . May Dept St .. 48 Mont Ward .. Natl Tea Penney J C ...79 Safeway 8t ... 31% Sears Roeb ... 73% Woolworth 0

Aviation—

Aviation fret. o. Boeing Aireft.%. Curtiss . Curt oan 16% Douglas Air ... 58% Nor Am Av oer oy perry Corp .. a Unit Airc new. 24% Chrmioaly Air Reduction.. 5% Allied Chem ...197Y% Am Com Alcohol 19318 Col Carbon ....121 Com Solvents... 17% ..143%

Du Pont . 30 . 20%

esse os

5% 202 62

13 16% 143 30 29% . 85%

Freeport Tex. % al ‘a 2 85%

80%

N. Y. Bonds

DAILY BOND INDEX 20. Rails 91.6 91. 91.( 89.

1. 95.¢

1936 Low (Copyright, 1936, by

U. S. GOVERNMENT BONDS (By Abbott, Proctor & Paine)

1047-52 . 8

Home Owners Loan Corp.

1949 ....ciianpenenaees 101.17 «1952 ....... sremssersne 102.27

Federal Farm Mortgage Co 1040 ...cvesernssoanians 1034

DOMESTIO

52. Atl gat, Line 4%s "84°. Atch _T & 8 8 Am

412s Buff Roch & ilk Bs §T. ose : 78 Bath APieel 4

Cleve Un Term hae mq ee 10 Col Gas 5s May 208 see.inie. 104% Col Gas 5s ’'61 Ya

Hal veTil ern ™m

88 ee. & Tel is ’52 <.. % 103

rntl Tel McK ess & Boh i 50 ......

s 18 cecssnene

esses.

Bennn Ry $ks si sriliened Portland Gen El 43s 60 ..... Para ix 6s ’ awe BSS. La ay = 218% '2

Rem Ran ; Shell Union Oil 58 "47 ....oees |

essessccsssse

'exas oe Texas Pac 5s 9 . snssasses reat Ye Texas Pac 5s 7 exeesusnssnes Union Pac 4s 1 sessseasases Uni Drug 53 en ReETLE 8 NY NH & Hart 0 '6T cecsse er 68 ly

Hina A 68 "ST aseeriseis gmenine Ea BE Ginagian Sov ceiirresiesseesss 5

ees. 10

., dunes Loan an Corporation

Municipal Bonds

30 fd

SFR

—-

dp or bh

: 97. 84. 103.5 93. Standard Statisti

102.31 TP. 103.7

Ln 8

| Lehman Corp Transamerica

‘6 | Mueller Brass Co TNatl Bellas

ual ak

355%

Rl, BT Bar 4 8 38%

"8 Indus Alco.

143% . 68 Bi 41%; os

Bristol Myers... Coty Inc 24r2see

¥n (new). .

Jonite Prod .... ar

sss

Pa] Fe FERRER

11 3

tod -

17. Const Corp...

he > 3

Am Radiator Gen tae Int Cement ..... Libby Owens Gis

* Household

Col Pal Peet..... Congoleum

Kelvinator .... Mohawk Carpet.

essen

Amer Woolen ... Celanese Corp .. 2 Collins Aikman . 4 tham Hose ...

La] 9%, us Rayon ... 27% 27%

Chicago Stocks

(By Atkins, Hamill & Gates) Close. 8

Close. D. Ada Ciseseesns 16% a Aluminum ......c... Associated Investors .... Bastian-Blessing Berghoff Bruce EL "ih sevens Butler Brother: . Cent Ill Pub Service pid. cesses Cities Serv Gontinental Steel ceccees Sone o

Blocteic Household .... General Household .......... Jarvis Mfg Libby MoNeil & Libby ... Lincoln Printing Loudon Packing McCord Rad see Musk Motor Sp ai’ . Nat. Gyosum Noblitte8 arks Northwest Bancorporation Standard Dredge pfd Swift Internat ad ve Zenith 0il-O-Matic

eevsssses

New York Curb

(By Atkins, Hamill & Gates)

Close.

anamid “B” a Sa & Electric Am Gene ral

Ask Naural G Gas pn Canadien. Findust Alcohol “A” Carrier Cor Creole Petroleum Corp lec Bond & Shar

E! Fisk R Ford ators Canada '“A’”.. Gren A Alden Greenfield “rap = Die 2 SorpHumble Oil & Re €o.. . 58 Int’ Vitam of Del ohne eevaniensniid n

cs Molybdenum Corp rt Amer. . Hess Ii wal Niagara Hudson Pwr . Pennroad Corp

Sain ¢ Regal Lo Sterott Brothers Stores ...... Stutz Motor Car of Amer.... Technicolor, : " Wayne Pump

Investment Trusts (By Thomas D. Sheerin & Co.)

00 | Cash Balance.

Shares (orig) Trustee Shs “B”.. Trustee Shs “C”’. Trustee Shs “D”.. Inc

OTHER CASH GRAIN

(By United Press) CHICAGO. May 28. recath grain, Wheat

elo as 1 5 yeliow, S0ase No. 3 white, 66% @ 62 %4e: No. 2 white, 66%, | 3 3 white, 64@65¢c; No. 4 white, 83%0: No. a white, 58@59c; sample grade, 43@58¢c. ats—No. 2 white, 28c; No. 3 white, 241 360; No. 4 white, 2312@24%¢; 22Y:@22%c. Rye, none. sone nominal; d, 323083. hg

5=No.

Cash Tord. $10.05 nominal; loose, $9.25 nominal; bellies, $12 n al : TOLEDO, May 28.—Grain close (in vators—transit Y billing) : mo red, 95% @96 @68%c. Oa: —No. 2 Haste, Whea dre yrony

E, Track Hees—3¢ 2 red, 1 G91vc: No Xe ull 62c: No. 3 Now. s white, 36% @ 380; No. 3 white, TeaTTy, > HUDSON LISTING APPROVED Times Special SAN FRANCSCO, May 28.—Application for listing of 1,596,660 | roug!

shares of outstanding common stock of the Hudson Motor Car Co. has

been approved by the San Francisco Stock

Releints x Defici

} Custom

STOCK PRICES DRIFT LOWER;

TRADING DULL

Senate Confusion Over New

Tax Bill Blamed for i Goneu:

Listlessness.

BY ELMER C. WALZER United Press Financial Editor

NEW YORK, May 28—Senate |:

confusion over the new tax bill brought further disappointment to Wall Street today and the stock market again turned listless as prices drifted lower.

Trading volume slipped under the million share mark as the depressed tone developed. In early trading the market gave signs of extending the Tuesday and Wednesday recovery—particularly as steel and aviation shares snapped forward—but the buying force was not sufficient to carry over and even some of these issues lost their gains.

The market was without any new business developments to serve as an impetus to trading.

Aircraft Shares Strong

‘The foreign monetary situation continued tense as -the French franc held around the gold point— after additional supplies of gold had been engaged for shipment to the United States—and served as a retardant to stock market operations. The price of bar gold in London dropped to a new low since November, 1934. Aircraft shares maintained the best tone, some of the issues rising to new highs late in the trading. United Aircraft crossed 24 for more than a point gain, while Douglas at one time was almost 10 points higher again today. Wright later eased from this level slightly. Youngstown Sheet and Tube led the steel shares, rising to 61% to equal the 1936 high. Later it was back at the previous. close while United States Steel, after a fractional gain, dropped as much as a point under yesterday’s final figure. Bethlehem also turned weak after early strength. Fairly good buying came into utility shares in the early trading, Electric Power and Light showing particular activity on the basis of a good 12 months’ earnings report. But toward the close these’ issues drifted lower with the remainder of thé market. Rail shares had little zest and held fractionally lower in late trading.

Money and Exchange

INDIANAPOLIS STATEMENT Clearings ...cecovvies erie wees $3,296,000 Debits 6,037,000

’

TREASURY STATEMENT (By United Press) WASHINGTON, May 28.—Government expenses and receipts for the _ current fiscal year to May 26, as compared with

a year ago: This Year. Last Year.

.. $6,484,839,765 $6,41 3.30353 3

,919,516, 2,3417,394,971 31,590,049,027 10,386,828,456 351,632,795

Expenses ..

Public Debt .. Gold Reserve. . s '310, 093, 453

FOREIGN EXCHANGE (By Abbott, Proctor & Paine)

Prey. Country

Canada

Ld o Daily Price Index (Bv United Press) NEW YORK, May 28.—Dun & Bradstreet’s daily Weighted price de of 30 basic commodities, compiled for the United Press: (1930-1032 average, 100).

Today, 115.38

Yesterday, 113. 13| Year AE HY: 6.85 3s Hien “es Yon he ; 18: 44| 1936 Li 115. (Co i 1936, > Bin ® Bradstreet,

Other Livestock

(By United Press) GO, May 28.—Hogs—Receipts, 16,including 6500 directs; fairly active early; strong to 10c higher than Wednesday’s average; op $10; bulk, 160-260 1bs., $9.85 ew -290 1bs., $9.659.90; 140-1 Ibs .v [email protected]; sows, mostly [email protected]. Cattle ~Receints 5500; prs 2000; medium and weighty steers gu weak to 25c lower; yearlings and Nght steers steady; no reliable outlet for big Je ht steers :xcept at lower prices; [email protected]; bes yearlings, Is. 75; mixed yearling .also at that price; hgh heifers steady; better grade Poghy ed heifers unchanged; cows 10 to 15¢ lawer; cutters showing - decline; all es and lower grade we. eighty heifers 25c lower tor the week ate. Bulls weak to 10c lower; Er steady, $9.50 down; stockers scarce fairly active on thin kinds at $7.75 down. Sheep—Receipts, 8000; better grade old crop lambs steady; others and springers weak, tending lover aged classes funy stea ady; se oped lambs $10 10.75; tly ) faa Nebraskas avera, 80 Ibs. going at outside price; springers 1161225: shorn ewes $3.2 4; rig ewes, $4.25.

WAYNE, Ind., May Stony 160-180 ‘Ibs., $9. 90; $9.80; 225-250 "60; 250-275 1bs., 8.45 : 275-300 Ibs, $9.35 350 1bs., $9.10: 140-160 ibs, $9.65; 120140 Ibs., $9.50: to0-1 20 1bs., 3% 35; roughs, 8.2% stags ags, 6.50; salves, $9.50; lambs,

RA Ind. to 10c lower; May 28H s.. $8 3;

«Holiday | ¥

CHICA

28. TR 180-200 Be.

Tr]

5; 1 18; 1 75@9. 50; $8.50 down; calves, $8.50 down, clipped lambs, $10: § Dring Taube, $11, en ————————————————

LOCAL CASH MARREY 85 cents

grain elevators for PT 2 soft wheat. sre Bnying Ar3des on their fm new new No. 3 yellow

merits. Cash 56 cents and oats 18 cents.

LEAVES 38 KENTUCKY

AVENUE EVERY FEW MINUTES

10e TO SPEEDWAY

"CHARTERED BUSES

For All Occasions Pact Conch Ou Spuciaty

4 wh No. 3 vation. ps 81 13 | 55¢: 2p

Fuk

New Bond Issues

(By Lyons & Co.)

Bid. Asso Lig 4s "68 ...... corneas 1080 B & O 4%s '3 Brooklyn Edison 3%s '66 .... “10178 Brook! Man Tr 42s ‘66....100 Cal Ore Pwr 4s '60 ent Maine 4s '60 ... t Ill 32s ‘66 .10 C & A and Rep jmp zs 9%. Chicago Du; Un Bes 3%s '63 . Chi West

Conn River P & Consolidated Ed es 46 lida s .*56

Ohio acific Tie alas 48 Pacific G & E 3 Penn R R 3 Penn Tel 4s "65 Pub Serv N H 3%s saess Railway & Lite ats %s are 108 Pwr 4Y%s '56

4s 61. 5 078° Seven

Union Pac 3's U 8 Pipe & Pay 31s 4 West Penn 3's '66 Wisc G & B 32s '66 102% Youngstown Sheet & T 4s '61. 98'2 Ygstwn Sht & T Deb 32s '51.105

WHEAT RALLIES

AFTER DEGLINE|

Market Closes Fractionally Higher; Corn Displays Uneven Trend.

By United Press CHICAGO, May 28.—After July wheat dropped to a new low level for the season, traders turned to the buying side and prices of all deliveries rallied on the Board of Trade today. At the end wheat was up % to % cent, corn was unchanged to off % cent and oats were up 1% to 3% cent. Favorable weather reports from

the Southwest and a weak Liverpool | M: market resulted in an early dip in|; 5

wheat, but the market rallied after the first few minutes. A higher Minneapolis market generated considerable buying. Reports of warm weather in the northwest wheat section and the absence of moisture were factors in the bullish market. Corn showed a firm undertone in early. trade but finished about steady with yesterday’s close. Buying of July corn was led by an elevator interest and a local commission house. Oats showed a firm tone but were inclined to steady near the close.

.The market was almost devoid of

interest. Rye was firm throughout the session.

(By United Press) Low Close

83% .83Ys 85

84% .84 86%

Barley— July asses 39

May ..... .00 9.95b 10.02 rood gf gk ud

CHICAGO PRIMARY RECEIPTS

Bushels Today Last Week se.ssssvassvanses D 368,

,000 .» 741,000 - 458,000 cess 192,000 708,000

INDIANAPOLIS

Wheat—Firm: No. 1 gd. 1 Yae: 2 red, 87% @88%c. C Hd NY white, Siassc: Noo IF 58g 61c: No.

No. 4 ello. 35¢ 56 15 @58¢ a

No. 3 mixed. mixed. 53 @54 Oats—

34Gs8tie Ba 4 2 white. 23@25¢c: No. 3 white,

Steadv: No. Aaic.

NEW MARION STORE OPENS Times Special MARION, Iud., May 28.—A Firestone Auto Supply and Service store opened here this week in a new $50,000 structure,

Brand-new,

SWINE MARKET HOLDS STEADY: RECEIPTS GAIN

Cattle, Vealers Unchanged; Clipped-Lambs 50 to. 75 Cents Higher.

A further improved demand offe set heavy receipts in active trading today at the Indianapolis Stock yards and as a result the pork market settled down to a steady trade ing range, following recent erratic movements. Total shipments were estimated at 6000, an increase of 500 over yesterday’s figures. The buying interest, however, was attributed mostly to local packers as several surrounding livestock centers continued to report heavy receipts. Holdovers numbered 219. The top price paid for choice weights continued to hold at $10.10. Bulk of 160 to 225 pounds cashed in at $10 to $10.10. Medium heavyweights, scaling 225 to 260 pounds, sold at $9.80 to $9.95, while extreme heavy butcher kinds, from 300 to 350 pounds, were salable at $9.40 to $9.60. Packing sows held at $8.35

to $9. Cattle Market Dull

Trading turned extremely dull in the cattle market. Steers were undeveloped while few heifers and cows remained unchanged. Early sales of heifers ranged from. $6.50 to $8.25. Beef cows sold from $5.25 to $6. Receipty numbered 700. Veals showed little change with the bulk of choice kinds holding at $9 to $9.50. Spring lambs were mostly steady while clipped grades were largely 50 to 75 cents lower. The former classes sold at $10 to $12.50, and the latter ranged mostly from $9.75 to $10.25. Slaughter ewes were salable at $3.50 down. Receipts were 800 and 1000, respectively.

HOGS Bulk. Receipts. [email protected] 8000 [email protected] [email protected]

od and choice..$ [email protected] ( o- - Go .$ 3Eg10de

00- 320) Good and choice.. 10. (220 30) Good and [email protected] Heavywe (250-200) Good and choice.. 9.60 9.80 (290-350) Good and choice.. 9.30@ 9.60 Packing SOW. (275-350) Good 350-425) 5-450) Good .....00 si 275-350) Medium ".. esssanssee 2% er (160-140) Eood and cholce.. um coenssssses

CATTLE —Receipts, 700— (550- Rd Choice . ene

3% 5823

esses

Saguaioamisoan

ROOMONO

9339999009209

903000200 0090-109 90 3333883333883

mon and medium ... (150.300) Good and Shoice “eas Common and medium........

03593 Hm ame aSAR3

Good svsnveshy Common and medium ....... ve Low cutter and cutter .. Bulls, good Cutter, com. and med. bulk.... VEALERS —Receipts, 800— Good and choice secsrivssnieisl Medium

Cull and COMMON ...uvevens

Calves (250-500) Good and ySholce: PRP Common and med Feed and a Cattl (500-300) Good and, choice.... ommon and medium (890-1080) Good and lie. oe Common and medium ....o»

399 adnan aus

ee 6983 an apo 8% 833

0-30 odoin Ao

Good ve Common and medium ........ SHEEP AND LAMBS —Receipts, 1000—

Lambs, 90 lbs. down; good and choice «...ccoevvcvesess Good ensue

Medium ...... Common

wes. So-y70) Food and elk choice. . . (Sheep and lamb SHS ices on

basis.)

age-old Beauty i in Homes of CONCRETE ASHLAR

|’ Concrete Ashiar is beautiful as ‘the time-softened Jsllomnés of some weathered

house is beautiful. Be ey Seis fireproof. It is highly in.

winter's cold: roy

dnd itis inexpensive.

Let your aschitect show you the wide variety of color, pattern ab -.

mem deme Paste this coupon

PORTLAND CEMENT SEN | Bases

Fo z