Indianapolis Times, Indianapolis, Marion County, 5 April 1937 — Page 11

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MONDAY, APRIL 5, 1937

THE INDIANAPOLIS TIMES

PAGE 11

COMPLETE NEW YORK

STOCKS w

+ The Times Financial and Market Page +

COMPLETE LOCAL

w LIVE STOCK

STEEL, OIL

LEAD ADVANCE AS LIST STRENGTHENS:

Chrysler Up Alniost Points; Socony Is Active.

By United Press NEW YORK, April 5. stocks strengthened in moderate t-ading today, steel and oil shares leading the advance. U. S. Steel climbed to around 119 for almost 2 points gain and other steel shares made similar recovery. Chrysler strengthened almost 2 points and Westinghouse more than a point. Socony Vacuum was the oil leader, advancing fractionally to © new high for the year. Standard issues, Seaboard Oil and A Texas Corp, showed good fractional gains.

Buying developed in amuscment shares, Loew’s advancing to around 82 while Warner Brothers was fractionally higher. Faper shares were in demand. Railroad and tility issues were quiet and steady.

FIRST HOUR.

Prices advanced from the opening, steel shares leading. U. S. Steel reached 11&'s for 2 points gain. . Motor shares strengthened under lead of Chrysler which gained 2 points to 12312. Oil issues agai'l were in demand, Texas Corp. anc Seaboard going to new highs fir the vear on fractional gains. Steéndard issues gained fractionally. New York .Central led rails with about a point gain. Utility issues generally were firm but dull. Volume approximated 20,000 shares compared with 270,000 in the first hour Friday. Dow Jones averages: Industrial, 184.49 up 0.95; railroad, 69. 2 up 0.26; utility 31.73 up 0.17,

SECOND HOUR

‘Trading quieted but price: held fairly well. U. S. Steel dipped to around 1187s but Bethlehen: continued at 97 and Youngstown Sheet & Tube had almost a point gain. Oils maintained most of their advances, Socony Vacuum leading in activity to gain: 14 to 193i, 4 new high for the year. Standard of New Jersey was more than a point higher. Rails and utilities were fairly steady. Transactions approximated 180,000 shares compared with. 570,000 in the second hour Friday. Dow Jones averages: Industrial, 184.29, un 0.75; railroad, 60,72, up 0.26; utility. 31,73, up 0.17.

THIRD HOUR

Demand developed for amusement shares as Loew's went 10 8173, up 27%. Warner Pictures gained fractionally to 147s. U. S. Steel dipped below. 119, but maintained more than a point gain. Most oils were around their highs, but demand for these issues had slackened. Copper shares softeaed as the price of export droppec below 16 cents. International Paper shares continued in demand, the preferred gaining 2! to a now high of 120. Rails and utilities were quiet. Volume = approximated shares compared with 200,00 third hour:Friday. Dow Jones averages: Industrial, 184.48, up .94; railroad 60.66, up .20; utility 31.71, up .15.

140,000 in the

30 INDUSTRIALS Saturday Week ago ... Month ago Year. ago High, 1937, High, 1936,

194.40; low, 177.72. 184.90; low. 143.11.

20 RAILROADS

Saturday Week ago Month ago Year ago High, 1937, High, 1936,

64.46; low, 53.15. 59.89; low, 40.66.

20 UTILITIES

Saturday Week ago Month ago Year ago High, 1937, 37.54: High, 1936, 36.08;

low, 31.49. low, 28.63.

ork Stock re as fol-

NEW YORK, April 5.—New Exchange NaniaEILt today we lows: x

High Low Las . 2034 202 | 2034 3's 3

Net Change

Adams Exp

1. mT.

a 8k

[= LRNROD NELLY

DIC rs 4 BD LY & Db] EE

— 0500 STEAD NB BI Tt TOI

rh ht pt 0) NG) be @ NR BONNE ADDO ANA

“Tras

| ++: +++ HEE

CII EI pr 0 ARAN ARR NS

PRE

arnsdall avuk Cig .... endix Avn .... en Ind Loan. 3eth Steel . law-Krox Fooling Air

Se = WWW N® AND AAD A

DRE

CELL

3udd Wheel yron Jacksn ‘Co 3

RT Eo fi he: :

CEA it A BIRD iD bt OO DI AAD ED PIR 14 £3 £3

10 31%

3 1; bss 748.000. increase

un un 2

MARKETS AT A GLANCE

Stocks higher in moderate trading. Bonds irregularly higher; U. S. Government issues higher. .

Curb stocks higher.

Chicago stocks irregularly Higher. ‘

Call money 1 per cent. Foreign exchange higher in relation to the dollar. Cotton futures 9 to 16 points -higher. Grains strong; Chicago May wheat at high for the season. Rubber futures 7 to 19 points higher. Silver bars in London up 33 to 213% pence a fine ounce, new high for year.

Net. Last. Change. la Va Ya

High. Low. Calumet & H 16% Canada Dry ... 34 Can Pacific .... Celanese Cen Aguirre . Cen Fdry Co ... Cer de Pasco... Certain-teed ... Champ Paper .. ¢ Ches Corp .....

=”

15 343 35

Chry sler 12312 Cin'Snd & CI pf 197s Cleve Graph Br 39's Colgate-P-P # 237; Colum Gas .... 153 Col Pictures vtc 33!» Com Credit .. 58'2 Com Cred cv pf10173, Com In T 6! Com Solv Com & So Cons Edison ... Cons Oil Con Textile Cons Coal vtec .. Container cee -32 Cont Bak A ... Cont Bak B ... Cont Ins Cont Mot ...... Sone Oil Del ...

Cr Cork & S.... Crown Zeller ... Curtis Pub .... 16 Curt Pub pf .... Curtis-Wr ...... Curt-Wr A Crown Zeller pf 10115

+1 +141:

El Paso Nat Gas End Johns .:. Eng PS $5 pf..

Erie .. Erie 1 pfd

Fed Screw Ford Wat S A.. Firestone T ... Flintkote Co Food Mach ... Foster Wheel

lt dee

Wood Ind. Am In ...

g Greyhound Corp 1853 Gulf St St 1 pf 108, Granby ris.....

Haves Body ....

Houston Oil .... Howe Sound Hudson Mot ... Hupp Mot

Ill Central Indian Ref . Ind Rav Insp Cop .. Inter Rub . Inter Iron .

Int Harv

Johns Man

Kennecot. . Kroger G & B

leh P Cen....

Lone Star Cem. Ludlum Stl

McGraw El .... Mcintyre P McKeesport .... McKess & R... McK & R pf... McLellan St ... Mack Tr Macy RH Manati Sug Mandel Br .... Maracaibo EX.. Marne Mi: ... 12 Marshal Fld ... : Mathieson .. .. 37 Maytag gure uy Mead Corp Miami Cop Midcnt Pet Mengel Mission Corp “ae Mo-K Tex pf6 . Mo-Pacific Mo Pac pf or Mont Ward .... Mother Lode .. Motor Whi ....

CHEER

CHEE

Warner Bros ..

Net High. Low. Last. Change.

Mullins Mfg B 35 35 35 . 162 16! 162 —

Na shtKelv

. 22,

. 22% - 29's

Nat Tea Newport Ind . . Y Central ... NY NH & H N Y Ship .. Norf Foun Norf Ww No Amer . No Pacific .

tities +1 +

Ohio Oil Oliver F Eq Omnibus

225 61% 20%

207% i (Pos Otis Steel 213g 213% Outbrd Marine. 23 * 23 Pac Am Ra Pac G & El. Pacific Itg .... Pacific Mills .. Pac West Oil.. Packard Panhandle rn Paramt Pict ... Para’ Pict 1 Para Pic 2 pf Park: Utah Parmelee Patino Mines . Peerless oe Penn C & C ...

+4 4+] Hb

Am ; Phelps Dodge . Ph Read 1.. Phil 3A Phillips pe Pierce O pf Pitts Coal

Hl Fh]

Press St] Car .. Proc’ & Gam .. Public Serv .... Pure i Purity

4 |:

i +

g pf Rolla: hle Stores.

0 . fEepblic Steel . Rep Stl pf Revere ooh ieee 4 Reyn Some Rev¥n' Tob B Rutland pf

Safeway St Jos Lead . Schenley Dist Schulte R

+ :

+++

Silver-King Simmons Simms Pet Skelly Oil Smith A O Socony-Vac

CREE

H+

Studebaker Superior O .... Swift & Co .... Swift Intl

Tenn Corp Texas Corp Texas Gulf Prod Tex G Sul 41 T&PC&O ... Tex Pac. L. T... Thermoid Fas Tide W ‘A Oil .. Timk-D Ax ... Transamerica .. Tri-Cont Truax Tra -y 20th Cent-Fex J Twin Coach Co

Db RE

Sai

Union B & P .. Union Carb .... Un Oil Cal .... 26% Un Pacific : Un Aircraft Cp 30's Un Air Lines .. 20 United Corp ... 6's United Cp pf .. 413; United Drug 145%

. 141% 5 8% 119

tit] ett]

p Un Stk Yrds Co 8! U S Gypsum .. 119 10%, 651 141; 671% 11833 3

op:

Yip?

Vanadium ..... Van Realte .... Va-Caro Ch ... Va-Car 6 pf....

35 3538 40'2 401% 12% 12 71 6934 —— 5 81% 3012 18%

14% 1013 297; 73 491;

Wabash Walgreen Walworth ..... Ward Bak B ..

Wilcox O&G os Wilson & Co... Woolworth .... 54 —y 51% Tr. 3153 4114 .. 931, Bie . 341%

Yale & Yellow Young S & w.. Young Sheet

51 Si% 411 9234

+ +rit HERRERA HEL

Zenith Rad

NEW BOND ISSUES

(By W. L. Lyons & eg

Ask 911 102

9% s 10033 Calif Oro Pwr 4s 66 y, 931, Delotex 4!2s 47 . 100 Cent Maine Pwr 4s 60. Cent Maine Pwr 3l2s 66 Cinti G & E 3'2s 66 Dom Canada 3s 67 Fla Power 4s 66

Koppers Co 4s 51 i Kresge Foundation 3s 41. Los Angeles Ret 12. Louisville G & 2s 66. Metro Ed 4s» . } Narra Elec 30, 2 66 .. NY City 3s 17: . N'Y State Elec Gas 4s 65 Northern Stages P 3l2s 67 Norway 63 Ohio Edison 3%3, 72. Okla 5.8 Okla Gas £ 5 Pr 3%s 66 Otis Steel 4'2s 62 . Pac Lighting 4'2s 45... Phila Elec 32s 67 Sou Kraft 4'2s 46 .. Wisc G & E 3'2s 56 . Wisc Pub Svc 4s 61..

SHOE PRICES ADVANCE By United Press NEW YORK, April 5.—Shoe ‘price advances were announced by several major corporations today. :

BUSINESS AT A GLANCE

—April 5— GENERAL BUSINESS Receipts of lead in ore ahd scrap by United States smelters in February totaled 32,286 tons, compared with 35,760 tons in January and 28.195 tons in February. 1936, the American Bureau of Metal Statistics reported.

National Lumber Menhufacrurers. Association reports week: ended March 27: Lumber . production, 237,508.000 feet vs. 238.753.000 previous week: shipments. 249.042.000 vs. 5. 826,000; booked orders. 259 - 979.000 vs. 251 491.000. ORPORATION NEWS adian, Pacific Railway March gross of $1,069,000 over March, 1936.

Dejay Stores. Inc. and subsidiaries fiscal year ended Jan. 31 net income $267.885 equal to $1.87 a common share vs. $177,660 or $1.50 in previous fiscal year.

Hudson Coal Co. 1936 net profit $325.040 vs. net loss $666.221 in 1935

Neisner Brothers March sales $1,772,109 vs. $1,333,030 in March, 1936. The Outle . fiscal year ended Jan 31 net profit $645,397. equal to $6 a share . $491,927 or $4.32 a share in preceding year Russek's Fiftn Avenue, Inc., 13 mon $hica Feb. 27 ne. profit $401,576. _— bs re, vs VS. 3220, 051 or $1.76 a share a g perdi 1, 1936.

wer Co. 14d. 1998

, come $982,853 equal to $4.02 5. common

share vs. $670,727 or $3.19 in 1 Stone & Webster Inc., 1936 net profit, $1,772,937 equal to 84 cents a share vs. $92.628 or 4 cents in 1935. Atlantc Gulf & West Indies S. S. Lines and subsidiaries 1936 net loss $110,163 vs. ¢1.077.022 in 1933.

Calambra Sugar Estate vear ended Sept. 40. net profit $1,441,695 vs. $992,995 in previous year Crown Central Petroleum Corp. and s sidiaries, 1936 net profit $353.117 vs. 5389. - 817 in 1935. El Paso Natural Gas Co. and subsidiaries 12 months ended Feb. 28. net income $1 205,406 vs. $499.343 in previous 12

months. Gorham, Inc.. and subsidiaries year ended Jan. 31. net income $23 191, equal to 46 cents a $3 cumulative preferred share vs. net loss $139.530 in previous vear. Lerner Stores Corp. Majeh sales $3.502.827 vs. $2,604.126 yea up 34.5 per cent: 2 months $5,643. 134 ago ' $4.652.238. up 21.3 per cent. McLellan Stores Co. March $1.708.650 vs. $1 312,965 year ago. up 30. per cent: 2 months $2.965874 vs. $2. 476,646 vear ago. up 19.8 per cent. orthern New York Utilities, ne. 1936 income, $871.202. equal to $2.2 men share, vs. $636,130 or $1.08 1h 1935. ? Parmelee i lone 1342 Co. 1936 solitated net ino 2.170. ‘equal ° a $o56: a share, VS. 488° or 41 cents in

sales

.| higher,

U.S. BONDS GAIN WITH SUPPORT; TRADING ACTIVE

Announcement by Federal Reserve . Aids Government Issues.

By United Press NEW YORK, April 5.—U. S. Government bonds advanced firmly in active: trading today under good general support, Rail and steel issues led the domestic section higher. The Government list strengthened

on the announcement that the Federal Reserve System is prepared to support official securities on the open market. Gains ranged to 1 point in the Home Owners Loan 23s of 1949. Treasury Funds were in demand. The 275s of 1955-60 rose to 100%, and the 2's of 1949-53 gained % to 98. New York Central 6s of 1944 and Chesapeake Corp. bonds led the domestic list with advances of more than 1 point each. Republic Steel 4!s of 1950 was firm at 200, up 3. Pure Oil 4's and Shell Oil 3'2s of 1951 moved higher. Utilities were steady. Hudson Coal 5s of 1962 gained 2 points to 50% and Abitibi Power & Pdper 5s of 1953 were up 3 points to 106. Italian Government and municipal bonds were strong on gains extending to 1!2 points.

Specialty Issues Lead Curb Market Up .

NEW YORK, April 5.—Specialty issues led an advance on the Curb Market today despite profit-taking. Brown Co. preferred rose 8 points to a new high of 78, but later dipped to 75. McWilliams Dredging gained almost two: points to 35!2. Small gains were registered by Aluminum Co. of America, Fisk Rubber, Technicolor and American Cyanamid “B.” Oil shares firmed, Gulf gaining 34 to 59, and Lion 3% to 247s. Creole and Standard of Kentucky were 3% while Pantepec and Root gained 14 each. Kirby Petroleum dipped 13 to 65%. United Light & Power preferred advanced 2% to 56% and Illinois Power & Light preferred was almost a point higher at 62. Fractional gains were shown by Electric Bond & Share, United Gas, Arkansas Natural Gas and Niagara Hudson Power. Cities Service was unchanged. Hudson Bay Mining advanced 3 to 367s, Hecla gained 2 to 20%4, and others moved narrowly.

Chicago Stocks Move Irregularly Higher CHICAGO, April 5.—Stock prices moved irregularly higher in quiet dealings on the Chicago Stock Ex- | change today. Rollins Hosiery, an inactive issue, spurted 6 points to a new high at 24, while such issues as Armour & Co. Bliss & Laughlin, Cherry Burrell, Dayton Rubber A, Great Lakes Dock, Lion Oil, Swift International and Walgreen had fractional gains. However, such issues as Chicago Yellow Cab, Noblitt-Sparks. and Public Service of Northern Illinois no par sold off a point and more each.

STEEL PAYROLLS AT NEW REGORD MARK

Reach $1,055,000,000 Rate Yearly, Institute Says.

By United Press NEW YORK, April 5.—Payrolls of the steel industry now are at the rate of $1,055,000,000 annually, highest in history, as result of the increase March 16 of approximately $130,000,000 annually, the American Iron & Steel Institute reported today. "The industrv has 548,000 employees. In 1929, the best previous year. the industry paid out a total of $841,000,000 in wages to 458,000 employees. Before that the record year was $825,000,000 in 1919 to 469,000 employees. The current level of wages is more than three times the 1933 total payroll of $318,000,000. Average hourly earnings currently at 83!2 cents per hour, equivalent to nearly $7 per eighthour day, are the highest on record.

Hl Soomd Quarter Steel Production Sold

CLEVELAND, April 5.— Steel mills have sold practically all their | production for-the second quarter and are taking third-quarter business only at prices prevailing at that time, the Magazine Steel reported today. Output now is at 91'z per cent of capacity, 112 points higher than in the preceding week, but “steelmakers are unable to make appreciable headway against backlogs, and deliveries continue greatly deferred.” Rail backlogs are heavy and in some cases will last until September.

Steel Production May

Show Decline

NEW YORK, April -5.—Steel production this week will show the first decline since the week of February 1, figures of the American Iron & Steel Institute indicated today.

BAR GOLD DECLINES Ry United Press LONDON, April 5.—Bar gold today was quoted at 141 shillings 11 pence, off a penny from Saturday and sterling advanced to $4.9010

1} trom $4.8065 nisking the American | |

N. Y. Bonds

(By United Press) DAILY BOND INDEX

—April 5— (1926 Average Equals 100) 20 20 20 Inds. Rails Utils. ’ 95.5 102.5 97.1 103.0 100.0 104.6 92.7 105.0 101.2 = 106.0 95.5 102.4 100.4 106.2 84.7 103.5 86.4 103.6 93.1 1935 1.0 89.3 83.0 (Copyright, 1937, By Standard Statistics)

U. S. GOVERNMENT BONDS Treasury Bonds Low.

69 Bonds 96.7 97.7 99.7 96.5 100.7 96.7 100.2 93.3

Saturday Week ago ... Month ago ... Year ago 1937 high 1937 low 1936 1936 1935

Last.

33s 33z9 31s 1944-46 3Vss

3s 3s

34s 234s Jas Federal Farm Mortgage Bonds 1947 101.22 101.22 101.22 : Home Owners Loan Bonds

3s 23s 1 2Yas 99.23 Federal Land Bank Bonds

Issue 3s 3s

July 87 4 May 987s 99%4 3l4s May 100% 4s July 1072 4s © Nov. 102 4s May 3. 10314 414s May 1957-3 , 10112 4%s Nov. 04

2.85 146 93 1.02

Abitibi 5s 53 (M) Alleg Corp 5s 50 s I G Ch

111 Bell Tel Bi 70, Ill Cent ref 4s 55 Int Mer Mar 6s 41 .... Int T&T 35:5 .... Int T & T 4%2s 52, .... Jns & Lgh 4!4s 61 ....102 Ky Ind Ter 4's 61, .... Laclede G 5'2s C 53.... 61

Maine C RR 4'zs 60 ie M & St L 5s 34 ct! Mo Pacific 5s I. 81 Mo Pac gen 4s 715 ..... Mo W Penn 4!2s 60... Nat D P 33s 51 ww....

Phila Co i 67 PR Am T cv 6s 42 Postal T & C 55 53|.... 3 Pu O 4'ss 50 WW R Ste ol © 41s s 5 St L Ir Mt 4533 (M) StLIrMt4s 33 ct .... Shell un Oo Sas 5)...

J 3s 81. [5 Oil Cal Sas 52 .... 9

Pnion Pac 3'2s 70

Wheel Stl 4's 66 ¥Yng S&T 32s 51 ....

FOREIGN BONDS

Argent 6s A 57 Australia .5s 55.

99 997g 14814 148':

10153 105%

1015s 1051

Denmark 4!2s 62 German Ts 49 ited 215 Ta Ts 52

Serbia iL S17 Tokio 5 es, 61 Tokio 5s 5

UStL W Bais Alen 25%;

Chicago S tocks

Last Asbestos Mfg 3's Berghoff Brew

Bliss

12 397% 1612 5% Va

‘40 21%

Cor 534 Chicago Ry cts 4 Cities Service Comp Ind Gas Cord Corp Gen Financ Gen Hshld Ut Gt Lakes Dredge Hamilton Mfg Lion Oi' Ref Mid West Corn Mid West pf ww Nat Leather : Noblitt i Rts .... Pines. Wfront Stan Dredging Stan Dred pf Swift Intl Walgreen C6 .....L..... 3034 Zenith Radio

INVESTING COS

(By M. P. Crist & Co., Inc.) Bid Arhed

19.6 1 12.14

1.16 2 2 1.40 3. 95 35

*Administered Fund 2d. Ine. *Affiliated Fund. Inc American Business Shares. . Broad St. Investing Corp..... Bullock Fund, Ltd. Century Shares Trust Corp. “AA” or ‘“‘Acc.”. ( Corp. “AA” or “Acc.” (unmod.) Corp. Trust Shares (orig.).... Diversified Tr. Shares "“B'. Diversified Tr. Shares “C” ... *Diversified Tr. Shares Dividend Shares. Inc. : Fundamental Investors, Inc. . *General Capital Corporation. General Investors Trust iIncorporated Investors *Market St. a Ci Coro. Maryland Fund. *Massachusetts Cs *Mutual Investment F é

w a ai

—

Hwa

Trust

0040) WN)

bh pd SOND A NBN ADDI HT BAI ID LIN0A I 1a

ected Am ected ected Cumulative Shares. . ected Income Shares . . *State St. Fvostment Corp. *Supervised Shares. Inc. (Del.) Trustee Am. Bk, ‘“B” *Ex-Dividend.

[=3

*TNNAN 2

- D0

OOD NONI N-TIVUI 1 1 hI 21 4 (OD IDI TD D = 10 et 4

Weeg ago Month ago

Commodity— Wheat. No. 2 red, bu. ....... Corn, No. 2 vellow, bu. ........ Rye, No. 2. bu. Oats, No. 2 white, bu. Flour, spg pat . 196 Ib. sk. .... Lard, prime steam spt.. Ib. .... Coffee, Rio 7s spt.. Ib. ........, Sugar, raw. 96 test, Ib. ......c0 Butter. 93 score, Ib. .... Hogs,

$ 1.48% 1.36 1.24 5538 9.025 1220 .09 0345 «833% «1000

sssvesen

Lsesde

Bid. Ask. Yield. 3 991 3.0%

12g?

Saturday (prelim.) 157.11 | Year ago 157.40 | 1937 high (Mar. 30) 157.42 148.00 | 1937 low (Jan. 29). Following are the prices used in compiling the index: Week , Today

CORN FUTURES START UPWARD AFTER SETBACK

Renewed Buying Boosts Prices to Near Early High Marks.

By United Press CHICAGO, April 5.—Corn prices reacted from early highs today, but renewed buying sent the crop up almost to the opening levels on the Chicago Board of Trade. At the end of the first hour, wheat was 78 to 1 cent higher, corn was 13 to 3% cents higher, and oats were 7% to 1% cents higher. ‘Heavy buying of July corn, by a large commission house, carried all futures upward after the setback. The trend was to higher levels as the market showed increasing strength. The buying today was initiated by a growing acknowledgment of the scarcity of corn on farms available for shipment. Corn receipts were 33 cars. Wheat prices were lower on profittaking, but the price strong at levels above the previous close. Buying was general, but not of heavy volume. Wheat receipts were 44 cars. i

CHICAGO GRAIN FUTURES CHICAGO, April 5.—Noon erain range: Mu Sept.

uly Wheat $1.297% 1.2334 30's 1.10%

255 a 1.14 ; 41 vi 1.0274

CHICAGO CASH GRAIN SHICAGO ~Nogn cash mixed, $1.363% No. 4 yellow.

$1.41: No. 4 wy $1.36

ARGENTINE GRAIN BUENOS AIRES. April 5.—Grain futures

opened firm Z *= Wheat—Abril, 131%, up 73: June, 13014, 591% 5913,

"Goin—May, up 17s: June, up 1% : 3338.

Oats April,

FOOD PRICES

(Quotations below, subject to change, are average wholesale prices being offered to buyers by local commission dealers.) Fruits—Pears, California Avocados, 20s-24s-30s, box, $3.50. Bananas, selected, lb.. ae opis, Comb. Winesaps, 2! inches i 5. Lemons, Red Ball, 432s, $6.25; 490s, 23%. Limes, Mexican, carton, 12s, 2894 Suk Texas seedless, 3.25. Oranges, California, Sunkist, navels, 5 7565.25. Pineapples, 24s-30s, crate, $1.50 @5. Strawberries. Florida. pt., 20c. Vegetables—-B2ans, Florida stringless, hamper, $3. Beets. homegrown, } new Texds, 3-doz. crate, $1.75. California, case, $3.23; bunch, Alabama, 50-l1b. bag. 1» crate, $1.50. Carrots, bu, $1.50. Caulifiower. 115-125, crate, $1.75. Celery. Mammoth, doz.. 85c; Florida 4s-6s-10s. crate, $3.50. Cucumbers, hothouse, daz. $1.25. Chives, doz., pot, $1.15. Egg Plant, Florida, doz. $1.50. Kale, yireiga, bu., $1. Lettuce, Iceberg. Arizona 75s, $5: leaf. hothouse. No. 15 basket, $1.75. Peppers, Mangoes, crate, . Mushrooms, homegrown, lb.. 30c: Onions, Indiana yellow, 50-lb. bag, : Western Spanish, large. $1.90. Parsley. homegrown, .. 35c. Parsnips. homegrown, bu. bskt, Potatoes. Maine Green Mountains, . $3.75: Idaho Russets. $3.50; Michigan Rurals. $2.60: Colorado MecClures, $3.50; Florida New Triumphs. 50-1b. box. $2.40. Sweet Potatoes, Tennessee. Nancy Halls. hamper, $2.15. Radishes, - buttons, hothouse, doz., 60c: white. 40c. Rhubarb, hothouse, No. 1. 5-lb. carton, 60c. Sage. doz., 45c. Spinach. Texas bu.. $1.15. Shallots, doz.. 4bc. urnios, new, bu.. $1.5 Tomatoes, repacked. | 10-1b. box, $1.40.

CHICAGO. April McIntosh, $1.75@2

: 33%. unchanged.

ow 31 Broccoli, : ab$1.35. new California,

5,—Apples. * Michigan Sweet Pot~toes—Louisiana Puerto Ricans, [email protected]. Carrots, Illinois, bu.. 75@90c. Spinach —Texas, bu.. T5c@$!. Tomatoes—Florida, lugs, $1.25@ 3. Canlifiower—California. crates. $1.10411.50. | Peas—Mexican. hampers. $3. Celerv—Flarida, 10-inch crates. $2.50@ 2.75 Onions (50-1b. sacks)—Illinois, Indiana and Michigan yellows, 40@60c.

MONEY MARKET

NEW YORK. April 5.—Money rates were unchanged today. Bankers’ Acceptances 30 days. '2@7-16"% so and 90 “days. 55 @9-16%. 0 days, 21@ 53% 120 and 180 days. %@%%. CC oaneraial Paper Prime names. 1. Time Money 60, 80. 120, 150 and 180 days. 1Ya% b Rediscount rate at New York. 1127,

INDIAN APOLIS STA TEMENT Clearings $3,213,000 Debits 8,203,900

TREASURY STATEMENT WASHINGTON. ‘April 5.—Government expenses and receipts for the current fiscal year through April 2, compared with a year ago:

Expenses Receipts Deficit

.$5.6 a. Bar 072. 26 $5, 36 585. 486. 42 . 3,762,622,961.98 3,117,824,322.55 . 1,856,224. 110: 28 2,258.558,163.87

5 80, 111,576.505.405.58 10,185.331.22 28: 12

Customs 356,055,451.14 295,053,325.91

FOREIGN EXCHANGE

Latest Net - Cable Rates . Change (60-d. bill rate) 4.89 13-16 --.00 6 160-d. bill rate 4.89 13- 16 Canada (dollar) .... 1.00 5 France (franc) Italy (lira) Belgium (belga) Germany (mark) ... Ger. (travel mark) . Switzerland (franc). Holland (guilder) Spain (Peseta) Sweden (krona) Norway (krone) .... Denmark (grone) Australia (pound) Austria (shilling) Czechoslovakia (koruna) Finland (markka) Greece {drachmal Jugoslavia (dinar New Zealand (pound 3.95'> Poland (zloty) : v 1898 Portugal (escudo) Rumania (leu) Russia (gold ruble) Argentina (offl. peso) Argen. (unoff. peso). Brazil (off. milreis). Brazil (unof. milreis) Chile (peso) | Peru (sol) Uruguay (peso) Mexico (silver peso). Hongkong (dollar) Shanghai (yuan) India (rupee) Japan (yen)

LOCAL PRODUCE

The prices quoted are paid for stock LL in the country. while for deliveries in Indianapolis the prices are 1 cent higher. Each Ju case of eggs must weigh 55 pounds gros 8:85 NO. loss off. 20c 15¢.

OE savy breed hens, 5 Ibs. and over, Heavy breed broilers, 1937 stock. 2 lbs. and over, 22c. Leghorn broilers, 1937 stock. 2 1bs. ang over, 19c. Bareback broilers, 1937 stock, 2 lbs. and over, l4c. Leghorn breed hens, heavy. [12c. Heavy breed springers, 1'2 lbs. over, So meated., 13c. Leghorn breed springers, 8c. Heavy breed cocks. 8c. Ducks, full- fathered and fat. 5 lbs. and up. 6c. Geese. full- fepthered and fat. 5c Bu utter —Creamery, No 615137101 Ne. 3 a? 2@34%2c. HSE 1. 32c;

Eng. Eng.

1 Strictly fresh.

Commodity—

Cotton, mid-upland.

Rubber, spt. smk. Copper. electrolytic. Lead. spot. Ib. Zinc, spot, 1b. Tin, straits spot Ib.

141.47

Year Ago 937%

Ago $ 1.47% 1.273% 6035 1.213% 5514 55 28% 9.025 6.400 1253 A110 09% 06% 0350 .0375 37° 31% «030.1065

$ Steel scrap, Chi.,

Cement.

Gasoline,

scrap and Hides, ‘ville: Coke,

remained:

64s-170s,,

Curb Stocks

(By United Press)

NEW YORK, April 5.—Following is of stocks traded in today on the New York

Curb

Aero Sup B A p

lum

Exchange.

Va Co Am 169%

Maracaibo

Angos Apex

ofash & Ch 2%4d. . Sup

wo Electric

App El Pwr pt

Ark N

Gas

Ark NG A Ashland Sul

Bell Air Ber Gay Fur

Bliss

Can Marconi

Carib

Carter Co

Centrif Pp Rivet Childs pf

Chi

Cities Cities

City Auto Claude Neon®’ Lts

Cleve

Com Sh Mv ‘ext. .

Synd ...

Elec

Be) rv

Bo = AT OO Dont ORIEN O00 =I; L0H IBY 5 NCE Sm @

Tract

Ll ee Lee W PP A a a

Aircraft

wn Drug

Cusi Mexic

Darby Dejay Denni Derby

Evans Evans

Pet Strs son a pf 0o&

Lead ...... Lead pf

Goldfield Grd Nat

Gulf

Fim Greenfield T D Oo

Gvyvp Lime & Ala

Hearn

Dp Strs

Leonard Oil

Lion Locke

Oil

Stl Chn

T.one Str Os

Tong Long Ia L

I It ILepra & EX

Majestic R & T

Marga

y Oil

Master Elec . Massey Harris McWms Dredge Merrit C & S

Merrit.

C&SpfA

Nat Fuel G

Nat

Leath

Navarro Oil

Nat R

ub Wa 1815

Nat Service ... Nat U Radio

Oldetv

Pac G

Pac Ti

me Dist E 5'> pf in Corp

Pantepec Pennrecad

Pitney

Pitts

Bowes Forg

Plough Inc Powdre'l & A Prosnerity Co B' 1% d.

Puget Puget

So $5 pf So $6 pf

Rainbow

Reiter Reyba Revno Root

Foster ™m en lds Inv es Petro

Rov Typewriter. :

Rustless I Russek's

Ryan

& Stl nso! x

St Law Cn Ltd . St Law pf St Regis P

Savoy Segal Seiber

Oil Ly Lock! new .... ling

Selected Ind

Simm

Hdware

Sono Corp Soss Mfg . Spencer C(S ...... evr.

Stand

S O Kv

Starre Sterl Strooc Stutz Sun R

Sunshine

Swiss

Dredg v (L) tt Cp vtec Alum k Motor

ay M Am El pf

Taggart Cp

Tastyeast

Xon Thew

“Oil Shovel

Tilo Rf Tob Prod Ex

Trans

Lux

Tubize-Chat Transwest Oil

BANK STOCKS

(By Blyth & Co., Inc. )

Bankers Trust .. Central: Hanover

Chase

National

Chemical Bank & Trust

Contin

ental

Guaranty Trust

Irving Manuf Nation

Trust acturers Trust al Cit

First Natignal. =

Nation

Aetna

al Shaw ne INSRANCE Fire .

American of Newark

Baltim

ore American

City of New Y

Federa Frankli Great Hanover Hartfo Home Nation Nation North

1 in. ces AMETICAR x vat ent es

al Fire aa al Liberty FP Ri

S. Fir Yeats,

Lambs, avg. most sales, Ib. .... Hides, native hvy. steers. 1b. .. Wool, fine unwashed combing.

1b.

Silk, 13-15 deniers Jap. Ib. rib.

1b. 1b.

Silver, commercial bars, oz. .. ton Pig Iron, Iron Age comp., ton . Coke. Connelsville, ton Dom Portland, bbl. Yellow Pine, 6 in. base. 1000 ft. Douglas Fir. rough, 1000 ft. tank wagon, Crude Oil. 40 gravity. bbl.

(Source of Quotes—Chicage:

gal,

~PRICE INDEX AND COMMODITY QUOTATIONS

DAILY PRICE INDEX

NEW YORK, Avril 5—Dun X Bradstreet’s daily weighted price index of 30 basic commodities, compiled for the United Press (1930-1932 average 100):

Week Ago 1235 163% 45 1476 2.02 1. 2634 1614 0700 0750 6534 A 21.75 23.25 4.25 2.25 60.060 52.50 5 .090 wees ‘ 1.27

Grains, uvestock,

Today A240 § 16% 45 .1506 2.051% 264 23 0697114 0750 06971 451 21.75 23.25 4.25

2 95

14. 18. 3. 2 50. 38.

1. lard,

Boston: Wool. E. St. Louis: Zine.

a list

ot Sk RaIN = WON U0 WO CW A em GUNG 2 Ban B PBB WED

QF pe

SMALL SUPPLY BOOSTS PRICES IN HOG MARKET

Weights Above 160 Pounds Gain 15 Cents; Lighter Kinds 10 Cents.

(By Bureau of Agricultural Economics, T.

S. Department of Agriculture) Following a drop to the lowest level since early in December, prices for hogs reacted upward today on the strength of sharply curtailed receipts around the market circle. Supplies locally were moderately heavy, being estimated at 7000, with late indications pointing to an even larger supply. Prices on weights above 160 pounds advanced 15 cents over Saturday and light lights and pigs were 10 cents up. Top reached $10.20. Sows were generally steady, bulk, $9 to $9.50, top, $9.60. Prices for all killing classes in the cattle market were generally steady, although trading moved slowly and there was a touch of weakness apparent on cows. + Quality was of usual Monday calibre and most steers here sold at $9 to $11. Good mediumweights topped at $12.25 and odd head were upward to $15.

Heifers bulked at $8 to $9.50. Come mon and medium beef cows sold at $5.50 to. $6.50, with cutters and low cutters $4.25 to $5.25. Good cows brought $6.75 to $7.50, with a few choice upward to $8.75. Practical top fpr sausage bulls rested at $6.50. A 50-cent loss in vealer prices was laid chiefly at the door of the Eastern dressed trade where values were considered out of relation with live pric Consequently, shippers were equipped with only limited orders of a lower nature and trading ruled slow at the decline. Upward to $10.50 was paid for choice vealers, but the supply was mostly kinds selling from $10 down, with medium grades from $8 to $9. Heavy calves showed little change within a spread

2 lf $6.50 to $9.

Year Ago .1040 A134 34 1156

.16 09% 0460 0490 47% 443;

B 84 63

2.35

00 00

097

18 steel nnels-

$11.50 down: native Tambs. $11 Be re hye

Lamb supplies consisted almost entirely of shorn offerings, which went to the scales early in a 15-cent lower trade compared with last Thursday's bulk, or 65 cents under the extreme peak that day.

March Bulk . Receipts 29. $10.05@ 10.35 7000 30. [email protected] 31 [email protected]

April ; 1. 9.65@ 10.15 2. 9.65 10.15 . 3 9.55@ 10.05 9.70@ 10.20 Cant Lights— (140-160) Good and Medium Lightweights— (160-180) go 2nd

Tediu : " (180-200) Good" and Med

Medium Wem (200-220) Good and (220-250) Good and Heavvweights— 1250-290) Good (290-350) Good Packing Sows— (270-350) Good (350-425)- Good 1425-5501 Good “ (275-5507 Medium .. Slaughter Pigs— (100- 140) Good and choice. . edium

CATTLE —Receipts, 1400— (550-900) G

choice § 3 Sign: 00 0@ 9.70

9.70@ 10 05 9.00 9.90 [email protected] - 9.50@ 10.00

[email protected]§ 10.00@10 20

10.00@ 10.20 [email protected]

choice. . choice . choice. . choice . .

and choice. .

choice. . 9.25@ 9.60 9.00@ 9.35 8.85 9.15 8.25@ 9.25

8.25@ 9.25 7.00@ 9.00

Cc (900-1100)

0 (1100-1300) G

M (1300-1500)

Heifers (500-750) Choice Good

C : Good and medium. Common, medium.

(750-900) 6.50@

$ 6.757 Common ‘and medium Low cutter and cutter Bulls. ‘good Cutter, com Vedlers —Receipts, Good and choice Medium Cull and Common Calves (250-500) Good and choice § 6.5 Common, medium Feeder and Stocker Cattle (500- 800) Sond and choice $ 7.0 mon, medium. 5 6.

500— ;

(800-1050) Som and choice . ommon, -medium.

1-330

9) uo o

Heifers— Good and “choice . Common and medium .. SHEEP AND LAMBS —Receipts, 1000—

won oun: oD QOOD 0) ONY DD oC 3333

Lambs—

tata Den NOS

wes— : 190-175) Sood and choice . 5. mmon, medium 4. beeen and lamb quotations on

CHICAGO. April 5. — Hogs — Rec 10,000. including 2000 dios, hen fairly active: good and choice hogs, around 10c higher than Friday: medium. 10@ 25¢ higher: bulk good and choice 200-300 ra ah 10a 10. 22; “early top. $10.25: part load, mos ackin 35% mo » g sows, 10¢ higher, at Cattle—Receipts. 13.000: calves. 1500 choice and prime fed steers, fairly voi supply fed kinds

cleaned up: fully steady: very small; top, $16.25: several loads, $15 16: latter scaling .. best light steers. $15.50: nothing done on other grades; largely 25c lower: undertone bearlight Rinds off most: largely

oD otto S95 Suud

Do 90

ish at decline: steer run; all she stock weak to 25c¢ lower: bulls and vealers, steady: best fed heifers. $10.50: kinds seiling at $9.50 downward show decline: vealers. [email protected]: top. $10: top fousage us. $6.50; few outstanding

offerings 3 eep—Receipts. 10.000: 1400 direct fat lambs opened slow. around ray: choice _handyweight wooled lambs to shippers. $12.50: little doing on bulk of supply: fat sheep. 25¢ Io¥er small lots. choice andyweight| ewes. $6.75: bulk natives, $6 @6.50, | culls a $2.50 3.50. NE. April 5.— — I5as i Hans Steady

and

FT. WAY 10c higher: 1bs,. $10:

88. Ri $10.50: lambs,

April

stags. $7.75: calves. LAFAYRTIE steady. to $9. 90@10. 02

$12. 25 | market

wn. Western lambs,

down.

CHICAGO PRODUCE-

CHICAGO. April 5. Eggs — Marke steady: receipts, 35.37 3cases: resh grade firsts, 23c: extra firsts. 23@24c: Jiriies: ian rok, eaniy ae; checks, 2 4 packed firs extras Bie Vac: storage packe utter—Market easy: receipts. 99 4 extra firsts (90-91!> scor oy imate! extra (92 score) 3c: firsts, 30% ate! 32c: specials, 3215 @33c: cen-

standards, tralized 4, score), 31%;c: centralized (88 steady:

score). y Poultry— Market Jycas. one cay Joess. 2c: spring chic Agta ES st 1 2c: old Foe 12@13'zc; turkevs, : frvers. 26@26lc. Cheese—Twins, eRe Saistes. 172 @ 173ic: longhorns. 17'%2@17% Potatoes (old So pie moderate; demand slow. market steady: Jdaho R Russe Burbanks. [email protected]: 2, $2.3 2.40: Colorado Red ann ‘2’ do: Nr

receipts, d

consin Round Whi mercials [email protected] Rurals, $2.20: SL a ola ont ers, $2. 0 2.25: unclassified. $1.75: Minnesota Early Shi, $2.40° North Dakota Early Ohio.

Stock—Supplies moderate: demand food, a oaket Sone, Track sales, Frismps, -1b. sacks) —Texas SS $2.15; lots Span cariots, $2. 05220 NP: :