Indianapolis Times, Indianapolis, Marion County, 3 May 1937 — Page 12

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s.-Monthage ................. :

Int Hyd El 6s 44 7

PAGE 12

MONDAY, MAY k

COMPLETE N. Y. EXCHANGE

STOCKS

The

Times Financial and Market Page

‘THE INDIANAPOLIS’ TIMES :

COMPLETE LOCAL

w : LIVESTOCK

RS L

[GHTEST

ADE ADVANCED

STOCK

Firmness at en |

Replaced By Slight Range.

By United Press NEW YORK, May 3.— Trading on the New York Stock Exchange today fell to the lightest levels of the year and prices made an irregular ~ advance.

| Bonds were as dull and made an

Srregular advance, with U. Ss. Governments higher. otton futures were steady. Rubber gained. French francs advanced. I

| Stock prices firmed in nearly all |

sections at the opening. Some of the leaders added to the gains for a time, but before noon the market had settled down to a narrow fred: ing area. | Steel issues were relatively active and firm. U. S. Steel touched 102%, up 13%, but lost more than half the

gain. Bethlehem held near 86%) up|

11s. | International Nickel, U. S. Smelting and Phelps Dodge had advances of a point or more, while Anaconda and Kennecott were fractionally higher. | Atchison and New York Central fell to minor losses. Southern Pacific held most of a 13: point advance.

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS : 10.16 +0.15 —5.01 +0.65 +0.55

. 172.42 131.97 . 184.19

Saturday

Year ago |High, 1937, 194.40; low, 170.13. High, 1936, 184.90: low, 143.11.

Bl 20 RAILROADS

Saturday ............ nese py Week ago Month azo ....,.ci..h. ci vhes Year ago High, 1937, 64.46; low. 53.15. High, 1936, 58.89; low. 40.66. 20 UTILITIES 29.20 29.16 29.02 31.73 28.95

Saturday

Month ago .. Year ago High, 1937; 37.54; low, 28.36. High, 1936, 36.08: low, 28.63.

70 STOCKS

Saturday Week ago Monthago ........... FI Year ago High, 1937. 69.67; low, 60.98. High, 1936, 66.38: 6.38: low. 51.20.

N.Y. Bonds

BOND PRICE INDEXES

1926 Average Equals 100 20 =0 20 | Inds. Rails Utils. Tolay ...:.. i... 92.0 95.1 102.2 Saturday 95.2 102.2 Week Ago .... 94.6 102.2 Month Ago .... 95.5 102.5 Year Ago 89.6 101.4 Two Years Ago. wa 9s 1937 High 101.2 106.0 193% Low ...... 94.2 101.3 1936 100.4 106.2 1936 81.7 103.5 1935 High ..... 91.4 86.4 103.6 93.1 1935 Low ...... 83.6 51.0 89.3 83.0 (Copyright, 1937, Standard Statistics Co.)

60 Bonds 96.5 96.5 96.2 96.7 91.7 86.8

91.8 92.2 90.2 87.4 95.0 91.6 94.8 90.0 -

100.7 95.9 100.2 93.3

TEN MOST ACTIVE BONDS NY Ce 3%s 52 105% + %4 ke NY Ce 6s 44...1153% — 14 110% Pen RR 34s 52 108'%s olen Mo| Pac 5s 65.. 43 to Gt | Nor 4s G 46 130% 110% z 63% 87% 412

12514 108% 11 129 11 8914 80 11 104%

Ch| SP&P5s 2000 So (Pac 4's 69 .

Int RaTr6s An Cop 1%is 50 1054

3 ny 104

Bond transactions were the lowest for any full day this year, approximating $5,630,000, compared with $11.3 ,300,000 on Friday. =

U. 8. GOVERNME NT BONDS I Treasury Bonds Close 114.15 110.6 108.7 105.2: 105.15 105.7 2. 103.18 302. 4

Federal Land Bank Bonds Bid. Asked. 00 1005;

102 .16 1042 1.19

Federal Farm Mortgage Bonds

| High Low 35.1049 :........ ..... 101.26 101.26 Hp 1947 100.28 100.28

Home Owners Loan Bgads

| Last

101.26 100.28

a OOO JVPO

— COD

t TSF gen 4s 95 .... 1 Coast L 4'2s 64

—- ee NINO

AVERAGES

o 4

MARKETS AT A GLANCE

Stocks higher in light trading. Bonds irregularly higher; U. Government issues higher. Curb stocks irregularly higher in dull ‘trading. Chicago stocks irregularly higher. Call money 1 per cent. Foreign exchange irregular; French franc strong. Cotton steady in light dealings.’ Grains—Chicago wheat closed 13% to 2% cents a bushel lower; corn % lower to 15 higher; oats 3; to 7 lower; rye 1% to 2% | a cents a bushel lower. Rubber 13 to 17 points higher. Silver bars in London off 1-16 at 20 5-16 pence a .fine ounce.

‘nn ¥ A FOREIGN EXCHANGE By United Press NEW YORK, May 3.—Foreign exchange irregular. ’ Cable Net, Rates Change ‘England (pound) .. 4.933% —.00 3-16 Eng (60-d. bill rate) 4.93 3 . 1.00 3-16 .0450Y4 .0526'> .1689

Canada (dollar) France (franc) (Italy| (lira) Belgium (belga) Germany (mark) .. .4022 Germany (travl m.) | .2365 Switzerland (franc) | .2289 Holland (guilder) .. | 5487 Spain (peseta) --Unguoted Sweden (krona) y Norway (krone) Denmark ( krone) ..

Japan yen) -_ 0004.

MONEY MARKET

NEW YORK, May 3.—Money rates were unchanged today.

Banker’s Acceptances—30 gays 7-18 per cent; 60 and 90 days, per cent; 120 days Yi@%s i Cen and 180 days, 7s@3: per cen Commercial Paper—Prime hes, cent.

Time Money—60 and 90 days,

cent; 120, 150 and 180 days, 112 celediscount rate at New York,

Ya@ @9-16 150

1 per

1%; per per cent. 1Y2 per

INDIANAPOLIS STATEMENT

Clearings $3,619,000 Debits 11,791,000

High Low CME pn n'4s 89 .... 583% ChMStE &P5s 75 30s Ch M St P < P 3s 2000 10% Cni N Y ts 4 9° Chi R 1 4Y2s Chi RI ret - 34 ct.... 18 Ch T Hau inc 5s 60 .... 7853 Chi Un Sta 33is 63 ....105% Chi W Ind 4s 62 101 ..103% 102%

90 89%2 103% 103 103% 105 17 32 105 7 32 9512 95's

13% J3su

Gt Noreh 4s 5 US Gt Nor 4s G 46 Gt Nor i H 46 Hous Oil 5Y%s 40 Hud Man ref 55 57 .... Ill Bell Tel Sve 90 .... Ill cent ref 5. Ill Cen 43s =

+ Inland Stl he 61

In IG Na esant oe 3 Int Hy El 6s int T & T 2, ts Int T&Tcev 4.2539 ..8 Jns & Lgh te fp cris Keith rer 6s A 4 Kresge Fou 5 io Lac Gas os Leh V RR 2 003° ee

"Mo Pacific 5s ¥ Nt. Mont Pow Morris & Es 5s 55 :

Nw Eng T&T wnt 1

I NY Cent cv

NY Cent Int % 2013... NY Cen 4! 2013 9 NY Cen 32.548 vets 1XCoa 9,28 74 “a NY ¢ Su Lu Sis C18: wnY Edsn 3%s bf i NY Bustin 3445 6D .... NHRH Cv us 48 .... pl Mach 4:2 6/1 .... | NY Ter 4425 33 . i No. Fac bs B 2047... Vavor: Pain 3s Judi. ... | unio gdison 4s ba os . tas Gus & Ei 4s 64 . {Par Pict bs 55n:.... Peun Co 4s 63 Pa PL 4'>s 8: enn R.. '3%:s 70 .... Fenn hike ga 4l2s 65... enn vn 43s D8 Penn RA 4's 84 Lh epds R 45°37 .... |B Coos 30 ext... ay T & C os 53... 2 Reading dlas A 37... Rem Ld 4-5 3

| Seab Air Lin 6s 43 . |. Sheil wn 0 3las 51 .-.° soc Vac 3 28 ou So Pacific alas 81 So Pacific 42s 68 So Pacif col 4s «J ..

United Drug 5s 53 U S Rubber 5s 47... Wabash 5%s A 75 Warner Bro 6s 39.

Wheel Stl 4's = Young S & T 4s 61.... Yng S & T 3%s 51... FOREIGN BONDS Argent 6s A 57 101 7- 18 101 7-16 101 7 Brazil 6'-s 26-57 3 38

10073 138 1407

Canada 3s 61 Giles, 215s 45

Peru 6s

FINAL NEW YORK STOCKS

Bly United Press

Ada

Am Am

i Am "Am St

Am Am Am Am Am Am Am Am Am

Arm

Ben Ben

Big

But

Cal

Car Cat

Cer Cer

Eni

hi hi C Ch Ch Chi Chi Chi

Chi Chr

Gol Col

Con Con Con Con Con Con Cons Con

Con Con

Cre Cr

Cur

Dis

Du Du

apw. Paper s Exp Addressograph. ‘Red

Byers, Byron Jackson.

Curtiss-Wr Curt- wr

Diamond

East

v.. 50 4

Amerada Am Ag Del

Br Shoe ... Can ....... Can pf... Car & FP .. Chain & C. Chicle

m Snuff . Stl Fdies .

Woolen pf.. 64

Zinc

Zinc pr pf.. 58

Armr Ill pr Dil. Armstrong Ck. Arnold Const ..

Bald Loco Bald Loco nf . Bald Bald Loco pf as Balt & Ohio ... Balt & Ohio nf. Barber Co Barnsdall

0 as ..

Nix on Cees Ind Loan .. &

Sanford

Black & Decker. Blaw-Knox oeing Air ord Borg-Warner

Burroughs Bush Term .... Butler Bros

te C A

Packing ... Zinc

Ca So Calumet & H .. Canipbeil Wy .. Canada Dry ... Can Pacitic Cannon Mills ..

riers & Gen

erpillar'T .. Celanese 5 Celanese pf Celotex Cent Cent Foundry

Aguirre ..

de Pasco... tain-teed

BE Te c E Ill ‘pf’ aa c Gt West . c Gt W pf. M St P&P M3 part

& . & Nw pf... Pheu: 7 ... Tf .. RI1I&P.. RI1Tpf.. ckasha C ysler

City 1 & PF ...: City Stores .... Clark E

Fuel & Iron

3 Colum Gas .

Pict v Sic

Com Credit .... Com In Tr. .... Com Solv Commonw & So Com

onl .. de Nast A g-Nairn s Edison

8% Cons Eidson pf 10472 Sa

s Film s Film pf s dai Oi : s Oil 5 pf .

Con.Rr Cu pf .

Textile : s Coal vtc .

Container Cont Bak A Cont Bak B

Cont Ins Cont Mot ‘Cont Oil Del. ata Corn Prod’ .. Coty

13a Cr Co cum pf’ 11315 Wt ;

am Cork & 8

Crown Zeller pf 10314 Crucible St ... 66 Cudahy Curtis Pub

t Pub nf a Ali

Deere & co. ..-

Dia Match ....

t Seag

Dixie-Vortex Doehler D Cast Dom Douglas Duplan S1k ....

Mines Air.

Pont “3 Pont deb . 1 T Mot

R Mill

i Low : 3 . 3 as 12Y4

D Stl Fdies rts es 22

— Net, Close Change

17% 32 73Y2 278 124 4

id,

(LHL bat

Praety HLH

$+ Letter);

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311, TE

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5473 3173 19% ne J

. 1273 56

Elec& Music Ind 47%

20 vs

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FIFTEEN MOST ACTIVE STOCKS Net Chg. 3% 14

High. Low, New York Cent 43% 46% U § Steel 102% 1014 Soc Vacuum .... 19's 181% Repub Steel ... 395 38° Houston Oil . 167% 1614 General Mot .. 583% 537% Stand Brands .. 13% 1314 Int Nickel 61 60% Celanese 37%: 363% North Pacific .. 3435 331% Packard 10 97% United Corp ... 514 5% Anaconda Cop . 51% 513% Radio Carp Am. 9; 914 Par Pict ANH 214

Close. 16%% 1014 18; 38 161% 57% 13% 60% 36% 331% 9% 5% 61% 9% 21%

Pr EL LH

Transactions approximated 640,000 shares, compared with 1,450,000 shares Friday. Curb transactions approximated 203,000 shares, compared with 333,000 shares Friday.

Tras

High » 810 8 7

Net Low Close Change

Fajardo Sug —_ 1%

Firestone T Firestone First N Strs Florence St .. Florsheim A ... Follsanbee Food Mach ... Foster ‘Wheel . Freept Sulphur.

S Far en A Gen Ben Gen

G23 8 BBE om -

¥ FCC Be Loa ER De

Dv SEY ee 238

Jar <3

ine

Green H L Greyhnd Corp. Gant Sug 512 pt

Guan Gu'M & N pf..

I] +4+

—-

Hall Print Hat Corp

D+

Howe Sound... Hud & Man...

THE] HY)

Hupp Mot Hupp Rts

307% 433; 14 22

I; +

int Mining .... 12 Int Nickel Interchemical.., Int P& PA...

(9 ®

—- i A A I

J Hire AEE] RR ROSE SS

Is Cr Coal..

: pn | Jewel Tea ...... 73 Johns-Man ...132

Kan C Sou Kan C Sou pf. 36 Kelsey-Hayes A 16° Selsey Hayes B 13% necott .... Keystone Stl .. Cimber] C.. Kresge SS Kroger G

& wl

Leh vol RR ... Lehmar Lehn & Fink. Lerner Strs ... Libby Mc & L. ,+O-F Glass... 65

Ligg & My B... Lily Tul Cup.. Lima Loco .... 6

nt a ® aN

- = ne

bn wn

Loriilard Lou G&

Lou & Nash... Ludlum Stl ..

HHA ED] er po

McCrory Mcintyre P. McKeesport .... McKess & R.. McK & R pf McLellen st K- Tr

+]: Hs

| Sq Martin’ GL

Mid More Fld. Masonite Corp. . Mathieson May D S

CHL H+

VLAEL MEE

Midland Stl .... Minn-Moline Mission Corp. . Mo-K Ti eis 78 Mo-K Tex pf le Mo Pacific oe

Mother Lode ais Motor Prod. Motor Whi . . Mullins Mfg B.. 30 Munsingwr ... Murphy G C... Murray = . ea 1% Myers & Br . 63 Murphy Rts 189- 3 1 9-32

+1 +++

20Ys 19% 13% 26

Ys 1

Nash-Keiv Nat Acme Nat Aviation Biscuit .... Bond 27 C Reg A... Dairy 23

DE]

7 Ya

Dept St ... 18 Distillers. . Lead Y%

pb):

-t 1

+ 12

+h New port Ind . .. /s ede N Y Air Brk a +

y 763 W b : Vs 8 — St L ; : fy NYC Omnibus hyo Ya NYC Omni wts / 4 N Y Inv i NY NH & H . Y

PRICE INDEX

piled for the United Press: Today Saturday Week ago 4 Month ago ...

Commodity— Wheat, No. 2 red (bu.)......, “+ SL3 Corn, No. 2 yellow (bu.)........ Rye, No. 2 (bu.)...:...,. tssansn] Oats, No: 2 white (bu)... ... aoe | Flour, spg. pat. (196 1b. sk.)..,. Lard, prime steam spt. tlb.)..., Ceffee, Rio 7s spt. (Ib.)......... Sugar, raw 96 test (Ib.)......,, Butter, 92 score (Ib.).......,.., Hogs, avg. most sales (1b)..... , most

Yesee

Today 3914 1.37% 1.19 55% 7.950 1150

AND COMMODITY QUOTATIONS

: DAILY PRICE INDEX s NEW YORK, May 3.—Dun & Bradstreet’s daily | weighted price index of 30 basic commodities, com-(1930-1932 average 100).

150.70 Year ago . 151.65 | 1937 high (April 5) 158.26 . 158.26 | 1937 low (Jan. 29) 141.47

Mowing are .the commodity prices used in compiling the index - Week

$1 1

205% B45 1. 535% . .1140 09 0343 32% 41020

Year

z0 Ago

34% * 29

175 6.250

$1.017%% 627% 621%

1097 0372

27% 1025

Commodity—

Steel. scrap. Chi.

Crude Oil,

Lambs, avg. most sales (lh.)... Hides, native hvy. steers Ih.) .: Wool, fine unw. combing (1b)... Cotton, Mid-Upland (lb.).. ... Silk. 13-15 deniers Jap (Ib.)... Rubber, spt. smk. rib (Ib)...... Copper. electrolytic (1b.)... Lead, spot (Ib.) ...... Zine, spot aby...... Tin, Straits spot (Ib.).. Silver, comm). bars (0z.)

sessreccscs

Pig Iron, Iron Age com. (tom).. Coke, Connelsville (ton) Cement. dom. Portland (bbl.)... Yellow Pine, 6-in. base (M. ft.). Douglas Fir, rough (M. ft.)..... Gasoline, tank wagon (gal.).... 40 gravity (bbl.).... (Source of Quotes—Chicago:

Year Ago

$ .1190 A134 31 1162 1.69% 153% Noe 0460 ,0490 47 A413 14.25 18.84 2.65 2.35 50.00 38.00 L097

Today $ 1185 1614 Ad 1350 1.39 31 14 0602% N6621% Si 45 18.75 23.25 4.60 2.23 60.00 52.50

Weck $ .1255 1634 43 .1358 1.92 22% BEL 06021 066214 B57 A443 19.75 23.25 4.60 2.25 60.00 52.50

1 am

High NY NH & Hopf 19% NYO &W... 43%

Ohio Oil

Otis Steel .....

Pac. Am Fish.. rac Finance .. rac G & sol... racific Lig .... Pac west Oil...

3 parker rust Pri : Parinelee rathe rilm . rauno Mines .. renney renn © & C.... fem LD vem. 8Y penn Gl sand ct 24 renn KR Ye Pere Mgr ve

rieifter-oiew rueips boag -.. rua Co bu pf... rieuier Brew rts’ rn oseaa o 1s rnil Morris Fnillips ret... Pierce O pf.... Pillsbury Pitts Coal

. Tava EYETY

Pitts United ... Plymouth Olt. Poor B

Postal Tel pf. oe Press Stl Car...

| Public Serv Pub Ser 5 pf. [105 Pullman 97 Pure Oil

Rutland pf ....

. [Safeway

St Jos Lead St L-S Fran .. 5 St L-S Fran pf 8 Savage Ar 2

Seab AL pf ... Seab’d Of .... Seagrave ... Servel Inc .

Silver-King Simmons

Smith=Cor-T cts Snider Pkg Soc-Vacuum

stan Oil N I. Sterl Prod

Studebaker un OH ... Superhtr ... Superior O .

Swift & Co Swift Intl Sym-Gld Cp

Telautograph Ténn Corp

Tex Corp Rots . Tex G Sul . T&PC&O . ve Tex Pac L T ... The Fair ..... + 10

“| Thermoid

Third Av Ry ... Thompson Pr .. Thomp Star ... Tide W A Oil.. TWAOTDPpf... 97 Timk-D Ax .. Timken R B .. Transamerica .. Wes A,

20th Gent’ Fox 20th cnt Fox pf RT

} Twin

Twin ach Co

) | Ulen & Co ....

Tan Anat Cp . Air Lines.. Biscuit Carbon .... Carr Fast. . United Corp . United Cp pf. ee nited Drug ...

Va-Car 6 pf.

Waba. wes Waray Svs ... 14 WAG Walgreen Walker (H) 44 Walker (H) pf . Walworth . ... Ward Bak A. Ward Bak B. Ward Bak pof.. Warner Bros .. Warn-Quin ... Warren Br .... Warren F&P .. 40 Waukesha Mot. n .

Wilcox O & G.. Wilson & Co... Worthigzton eo Wor on ... Worth pf B ... Wrigley

. 2478

Yellow iE % 88%

Young S & o Young Ee vs

Zenith Rad .. goa Zonite

AGO. May RE $2. Rel Ricans, § 1. Spin

9 23%

61 42V 1041, 5973

1915 17Y;

17V4 94 Rv 2975 4012 46 40

BL a OOO

R00 enon Biba Eh co NI0on “

= le GO SRS NAN BR SN

244 3973 86%,

Ten

251, 6%

Net Close Change 19% — % 4% . Va -+

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FOOD PRICES

3. — Apples—Michigan Sweet potatoes—Louisiana ._Carro

ts—Illinois, e..

ois, .40@175¢ 82. 38s. CauliPeas—

. 150- 190 1bs.

| Trae Term

SHIPPING SALES HOLD TOP HOGS AT $10.50 LEVEL

Cattle Trade Moves Slowly; Vealer Market Falls 50 Cents.

By Bureau of Agricultural Economics U. S. Department of Agriculture

The market for hogs held Saturday’s sharp gains when a run of 6000 head changed hands today. Demand from shippers was fairly urgent and the marKet was established early. Top was again $10.50 for choice 210-225-pound weights. Sows sold with a range of $9.25 to

ward to $9.85. Despite a light cattle run, demand

trading moved slowly. Steers and heifers were in especially small sup-, ply.and mostly steady. Most steers moved within a range of $9-10.25, with a few medium Weights upward of $12.50. Cattle receipts were estimated at 1200. head. There was a consensus of opinion among buyers that vealer prices should be lower this morning. As receipts around the 11-market circle were somewhat heavier than last Monday, salesmen finally had to concede a schedule 50 cents under last Friday's.

to be represented on the local market, but in the opinion of the trade prices would have been at least 25 cents lower than last Friday for strictly choice kinds, Qr $10.75 top.

HOGS

Bulk $9.756210.35 [email protected] 9.754110.30 9.75@ 10.30 [email protected]

9.95@10,50 +9.95@ 10.50 Lint Lights— (140-160) $01 and

ed Lighiweishts~ (160-180) Good Spd

Top $10.35

10.35 10.30 10.30 10.40

10.50 10.50

choice. .

Receipts 8000

Spr 21.

Med Medium Went (200-220) Good and 1220-250) Good and Heavyweights— 2 -290) Good

choice. . choice. .

choice. 90-350) Good choice .

Packing Sows—

75-550) Medium ghter Pigs (100- 140) Good a and choice..

Sla

(550-900)

(900-1100) &

. [email protected] . [email protected] [email protected]

+. [email protected]

€ (1100-1300) Good

Mi (1300-1500)

Heifers

(500-750) Choice ....... oo. [email protected] of 0 oq [email protected]

Good" oni choice. .

(750-900) | Common, medium.

6.50@ 9. + 9.20%11.25 6.50@ 9.25

Choice. Good Common and m Low cutter ana Bulls, good com.

9.00 1.50 6.75 5@ 5.5 7.25 6.75

Sitter:

Vealers —Receipts, 500—

Good and choice $ 3: g0a10. 00 edium i 30

. (330- 500) Good and choice..$ 7.00@ 9.75 omnmon, medium. 5.00@ 6.50 Feeder and Stocker Cattie (500- 800) Good and choice. .$ 7.50@ 9.50 Common, medium. 7.50 (800- 1050) Good and chaice. @, 9.50 Co ommion, medium ( 7.50 Heifers— Good and choice ... Lede 8.00 Common and medium 6.50

SHEEP AND LAMBS Sr estnts, 500— ~

Shorn Lambs Choic rearye $10, 25@ 10.75 . 0@10;25

9. 8. 7. yeS— “ (90-175) Good and choice... 4 Common, medium. 3

By United Press

CHICAGO, May 3.—Hogs—Receipts, 12,000, including 3000 directs; weight averages from 210 lbs. up fully 10c higher than Friday's average; ligher weights, 10 15¢ Jizher; spots up 20c; top, $10.40; bulk good and choice 10-320 lbs., [email protected]; [email protected]; bulk good 350550 1b. packing sows, $9.60 9.85; medium geades and big weights, [email protected] mostly. Cattle—Recelpts, 14,000; calves, 1500; medium we ont and weighty steers grading good and beticr steady; supply strictly good and choice kinds with weight ver .scarce; nothing h Te 1 value to sell muc above $15; most and promise .to

most early i [email protected]; sprinkling, $12@13; few, $12. 50@13. 75: many lig ht. medium to good grade cattle here considering such kinds have been marketed freely diring the last two Weelst heifers. steady: cows, scarce and- stead $11.35; ‘numerous loa s,

approximately head Toras Soa; stock galves ‘and ight Joariing sthckers here to sell at own, 300 head soled ot $9@ at Suiside Fie 1 0, “inc ox 8000 b opening very slow. 50 ay, few sales good and choice wooled lan bs, $12 down to packers; et isd higher as yet Io action 2 Ir springers; sheep, y scattered Fooled es Sot 50." Sealy; May args Marker, 15¢ )s., $1 0.30;

75¢ under Fri|

AY 3352 250

130 .. $9.10; 12 109. 22 20 lbs., $8.60; T3uehs, ai $10. i $12.

oa:

OW a i ISSUES | Indianapolis Bond & Share Corp.) following qudtations do not represent aca bids Hr offerings. but merely icate the apprusiimate market level. EONDS

Citz Ind Tel (TH) 1%s 61 .. 180° H Tel & Tel 5

T H Water Works, 5 ‘49.

o 5s . Kuhner Packing Sco 415s '49. STOCKS Belt Railroad & St Yds com. Deb, Railroad & St Yds pfd.. 5 nt Ind Pwr pf 7c PA Bor. Tel & Tel Ft Wayn Hook Drug Inc nd & Mich Elec Co’ of Ind Gas Co com. nd Gen Serv Co 6:

N Ind Pub Serv v Go oi pid 6s vas BF

N Ind Pub Sery

$9.75, with. smooth lightweights up-

was not of an urgent character and

Clipped fed Western lambs failed |.

i0-

: } : Chicago Stocks By United Press e High. Low. Clo) 491 12” 97s 69 11135 2% 1714 201 11 i Vind : 2 J sve sas : 2 2 1-16 23 147; 3012 3612 697,

Less es0ssve

Jn [?

(add

. WN Ds NIT ND on C0 ui = C

No vedee No’'west Bancp Peabody Coal B . Perfect Circle Pict Paper Pines Wfront Prima & Co ;... Process Corp .iieveeses Pentt

eres

Wahl Co Walgreen Co Woodall Ind Zenith Radio

Curb S tocks

Net . High. Low. Close. Change. Aero Sup B.. 4 Vs Alum Co Am... 13 : 1 Am Cyan B...'3 Y Am Gen Cp.. 1 Am Maracaibo. . z Am Supe Ark | nl Austin Sil Mne Bald Loco B rts Barium Stl ... Ber Gay Fur... Can Marconi .. Carrier Corp .. Centrif P Cities Serv .... Saties Serv pf. . Col O & G N. Con Cop Mns... Con Ret S

Cooper Bes .... Cord Corp

41; £3

NOSES — Low >

on ed

w ris

or KOR RY

ble Oil 7812 on Towa P & Lt 33% Pu el, =t 2 ng Fos L pf

Pp. Jones & L Stl. Lion Oil

No Ind PS 6 pf No Ind PS 7 pf 1

| Shey - A

Spencer C S

nnnnnt

Fechnicolor 5 Ul & Co 7% pf

INVESTING CO.’S

(By the N. Y. Security Desless ay

23 4Y,

> 3

= 118.33 INY. Bans 500 ir 8

Tp DT

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SUH DIJO NUN NDC SSosanss

00 | Steel

9 50'/N Am Bd

1s: 0 58.

a J rt pt CAS

ghirah bbe

2: Rep Tr 13.70 80 Schoellkot 4.25 :00iSel Inc...14.84

$2538 Rc

97 Well Fa. he

———————— ene Aironet ct oientet X 5, § x CHICAGO PRODUCE! Eggs—Market, weak: receipts, 51.577 cases; fresh graded firsts, 20%zc: dirties. 1T%c; current receipts, .18%c: checks. Itc: Sigrage packed firsts. 213c; - extra Batten Aarket. weak; receipts, 17.839 tubs; extra firsts (90-9112 score). 30 30%c; extra (92 Store). 30%c;

29%c; standards, 30% Specials 31@3 P A y. receipts, ® ic: geese, 13c; broil.

17¢; fryers, 23@25%c;: s a chickens, 24@26%c; Parebae is. 18@2ic Cheese—Twins, 15% @15! tact Daisies, 15% @16c: Longhorns, 153; Arrvials, 88; on track. 172: shipments, li]

(CHICAGO HEAT : PRICES DECLINE AGAIN NSTWORLD

. | Wet a Induces Sales,

Forcing Losses Up to : Cent +a Bushel.

By United Press CHICAGO, May 3.—Wheat prices sagged on the Chicago Board of Trade today in spite lof sharp ads vances ..at, Liverpool and ‘other world markets, and & revision in private winter wheat estimates which placed the total lower. ' At the.end wheat was off 1% to 2% cents, May, $1.30%; corn was %, cent lower to %: cent higher, May, new, $1.30; oats were 3% to 7% cent lower, May, 49% cents. Wet weather in Hie wheat belt induced selling. Rains fell in parts of the Souths west where they are most needed.

14 3 »| Houses with Southwest connections

headed the selling but resting orders stemmed the decline. Liverpool steadied at .the close because of bullish weekly statistics.

Other Markets

Winnipeg advanced nearly 1 cent at the opening but reacted later in sympathy with the local market. Buenos Aires was fractionally higher while Rotterdam. registered gains ‘ranging from a fraction to 17% cents. Corn was easier at| the start but strengthened until Prices rose as much as 1 cent. ; Rye drifted lower ther scattered selling, reflecting the ‘decline jin Wheat.

CHICAGO GRAIN

RANGE |

High. Wheat— May J..oo0ss 5} EH July 1.20! Sept. ... 1. 17% Corn— *May |.

Gain

Prev. Close, # 30% $1. 32% / 4 1.20

1.18% 1.16% 1.177%

Close.

cscsnse 4

1.73b 1.73% 1.72 1.72%

«0000.11.62 11.50 11.85 12.15

Sept 12.25 D skied; bBid; nNominal;

11.52b 11. 5 *New;

CHICAGO PRIMARY RECEIPTS

. |_—Bushels— 27.000 Ldst Week 3 foo

venussusaiseneey | 527 3 ,000 08,000 254.000

Wheat—No. l her. fis Cony. No. ~ 3 mixed, $1.36!% mi $1. No. 3 _yellow, $1.35@1. Hrs ‘No, 4 wt 3 33V, @ i 1.36: No. 5 yellow, $3 [email protected]%. Oats—] §534c; No. 3 white, a} 52%c. Rye—No | sales. -1, 84c¢; malting quoted | {pene Seed—Quoted. = $4.25@ 4.50. A Quoted, 26@32c. Soy | Beans -No Cash Provisions—Lard, | $11. loose. $10.92 nominal; leaf, $10. 87. phe $15.87 nominal. HE

LOCAL GRAIN

CASH eat Et, weak; receipts, noneg No. 1 red, $1.29%; No, .2 red, $1.28%; No. 1 hard, $1.28! 28 No. 2 hard, $1.21%, Corn —Market, eA rece ips. 1) Sarlondss No. 3 white, 81.29% 71.305 white, 25% @

$1. 2761. 29%; 5 White $1 $1. 2821. 3032; No.

1.272; No. 3 lh a3 on 2312@1. a Oats

yellow, $1. 26% 1.2974: @1.27%; No. 5 mixed, meak; recepts, 18 carloads: No.

—Market, 2 white, 52@53c; No. 3 white, 51@52¢.

WAGON WHEAT

City grain elevators are paying $1.27 for No. 1 red wheat, other grades on their merits. Cash corn, new No. 3 yellow, $1.22. Oats, 48c. Hay—No. 1 timothy. [email protected],

LIVERPOOL WHE! AT

Low Close $1.37% $1.37% 1.35% 1.36% . 1.27 1.27% 1.27% WINNIPEG WHEAT

Prev. Low Close th Xp $1. 150

1 183 i 17% 1.19%

COMMODITY PRICES (By Abbott, Practor & Paine) COTTON New York

P High. Low. Close. vb reeves 4-13. 12.89 12.89

December January . March ..

July ..... October December January

March 12:86 12:86 12.79

DNSEED OIL Low. ore Close, 5 19.8 9.8 9.80

9.97 10. 0 9.94 10.03 10.13 10: oe

oy Low Close. Cigee: f 2.48 249

2.51 2.49 2.51

2.40

" - Close. November «eseesesfa:. xn bee . EGGS |

Prev. Close, 30%

WASHINGTON, May 3.—Gove

| penses and receipts for the cu

year through ae 30, compar:

year ago: s Yed +30, iss S183 "898. Expofises 3509 4,091,498.610. Deficit Hin 313468528 17 Cash. Bal... 1,701,512 813.45

Pub. Debt. 34,940, 820, 364. Gold Res. ..11,799,288.470. 98.389.360.7

Customs Téday’s Purchase. Inac. Gold 1. 987,333. 14

ased, - 5617, 956. 793.53

TYPEWRITTEN LETTERS AUTOMATICALLY TYPED ADDRISSING 2 MAILING MU .T GRAPHING STENGCi.S GUT MIMEOGRAPHING RULED FORMS UP TO 14° X'20™" © TWO NOTARME

LI-6122

315 Merchants Bank he

—

force for the year 1936.

Furnishing Life need for Men, Edward B. Raub, Presid y

Indianapolis Life in Top Ten Among the many outstanding Life Insurance Companies with over ° $100,000,000.00 of Insurance in Force, the INDIANAPOLIS LIFE was in the TOP TEN in percentage of gain of life irisurance in

The constant aim of this company has 3iways been “To Keep QUALITY. SERVICE and SAFETY. .FIRS

Indianapolis Life Insurance Company

Insurance I Women ‘and _ Children. |

for every

Home Office “30th and Meridian Sts.