Indianapolis Times, Indianapolis, Marion County, 10 May 1937 — Page 14

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PAGE 14

THE INDIANAPOLIS TIMES

MONDAY, MAY 10, 1987

COMPLETE N. Y. EXCHANGE STOCKS

The Times Financial and Market Page

COMPLETE LOCAL LIVESTOCK

U.S. STEEL BREAKS UNDER PAR TO LEAD, QUIET STOCK SLIDE

Railroad Shares Off Sharply; Support Lacking.

By United Press ~ NEW YORK, May 10.— Steel and railroad shares led!

a quiet decline on the stock |

exchange today.

United States Steel common broke | below 100 for a loss of more than |

4 points. Other steels were down 1 to 3. Losses in railroad stocks ranged to more than 3 points in Atchison. . New York Central was down more, than 3. Losses of a point or mor were made by Pennsylvania,,Chesa- " peake & Ohio, Baltimore & Ohio. | Southern Pacific, Southern Railway, Union Pacific and Great Norther: Coppers, amusements, building shares, nonferrous metals, motors. utilities, chemicals, and rail equip- - ments joined the decline,” Some special issues had losses of more than 5. Lack of support rather than weight of offerings brought the decline, Many traders were out of the market since their accounts were frozen in the recent decline. Professionals did little. A report that a group of bankers is cooperating with President Roosevelt in his move to keep pr ices from running away and were selling their holdings in heavy goods industries brought pressure on industrial shares.

DOW-JONES STOCK AVERAGES | 30 INDUSTRIALS

~ Saturday Week’ ago Month ago Year ago High, 1937, “101. 10; low, High, 1936. 181.90; low, 143.11 20 RAILROADS 58.61 60.14 58.25 59.33

Saturday Week ago Month ago Year ago High, 1937, 64.46; low, 53.15. High, 1936, 59.89; low, 40.66. 20 UTILITIES

Saturday Week ago Month ago Year ago High, 1937, 37.54; low, 28.36. High, 1936, 36.08; low, 28.63. 70 STOCKS Today Saturday Week- ago Month ago Year ago High, 1937, 69.67; low, 60.98. High, 1936, 66.38; low, 51.20.

INVESTING CO.S (By N. Y. Security Dealers Assn.) Bid. Ask Bid Adm Fd oy o7 318. S6iTob. ...... [1.07 11.37 Inv Shrs..|1.70 1.84 -12 Huron. ser | 21D 1.13 42 iN 1.39 1.12

. 29. 5.59 16.49 25 Key stone "2 05 24.13 7 Maj Shrs.- as

Ask 1.16

..{Mut Inv .80/Nat Inv. 37.6 Ninwde sec 4. 50 3.37 <x 2.08 4.85 New Meng 18.50 47.00/N Y Bnks 4.00 9.00 Y. Stocks, . 11.80

4.20] Quar Inc Der Tas. A 3.40 -~Bep 4) Dep, Ins hs 3.20 .../Schllko pf 4.75 Div is gl Rt 50 ..!SelAmInc 14.70 5.10 ISov Inv .. 1.08 » c ay 8.10:Sp Trask 21.53 Div Shrs 2.10/Std Am Tr 4.1 Equity . 41.25/Std Util. - Fidelity. 29.19/State Se 1g. 00. 1t Bos. 35. 20 =p A. 04 Fix or A 13.29 B , 311.07 :90

” 8 a 4: Fd Inv. "24.06

53” D 25.40 Super ‘AA. rd Tr A: 6.26 17.00 *'B 5.73 Gen Inv 6.91

ISuperv sd 14. a 7.511 Fr Am, Bk 91 up Securities JGrour Sor 2.0

Tr In . 8 Tr ge.C. 1.57 D 2.291 A 1.73" B 7.41 108 US LEP A 17.13 1.53! 5 2.08 1.800 18) wert Pd 2.19

COMMODITY PRI PRICES

(By Abbott. Proctor & Paine) COTTON New York

198

Prey. High Low Close $13.04 $12.85 $12.38 . 13.08 8 91 .-12.86

12.82 12.85

May. eee July .-: October .. December .. January 12 arc Magen 13.40.

October December

July a y . 570 September . s

sess ens

PEER RR

2 # 8

MARKETS AT A GLANCE

Stocks lower in dull trading. Bonds irregularly lower; U. Government issues higher. Curb stocks irregularly lower slow trading.

Chicago stocks irregularly higher.

Foreign exchange irregular; Holland guilder at new high. Cotton 11 to 18 points lower. Chicago livestock—Hogs, strong; cattle, steady to weak; sheep, steady to strong. Grains, lower; Chicago new corn

off as much as 3 cents a bushel,

Rubber, unchanged to 98 points lower. :

¢ hic ago Stocks

Low Close 91 9!

3s Bs: Be

Ww Ut pf i WwW Ut

Chgo Corp Chie Corp Chgo Yel Ca b + Service Club Alum

| Coleman Lamp

Comwlth Edison Comp Ind Gas . Chi Towel Consol Bis ... Consum 6 pr pf. Cord Corp Eornireti Drug Curtis Ligh .. 1 Rubber | Elgin. Watch .. | Gardner- Denver | Gen Financ ; | Gen Hshid Ut. Goldblatt Bros

Heiloman Brew .

Hupp M Rts.... Iron an Ind Stl Prod.

Lincoln Print Lindsay Light .. Lion Oil Ref Loudon Pack ... Lynch Corp Leroi Co Marshall Field. Mid West Corp Mid West pf ww...... .e Midland Siived Mid Un pf.. Midl Ut 7 pr lien Midl tU 7 pf A

at Standard. .. 0 Amer Car No'west- Bancp Nor W Ut 7 pf Parker Pen Penn Gas & E Pines Wf{ront Pub Sve N Ill 6 ot Pub Sve N Ill 7 pf Quaker Oats

Roilins Hos cv pt. Schwitzer-Cu : Signode St Str .o. So Bend Lath ..... S WIL &P pt Stan Dredging Stan Dred pf .. Sunstrd Mch T

Serrick Corp Thompson JR) Fevers Utah Radio Prod Walgreen Co ve Wieboldt Stores Wisc Bk Shrs Woodall Ind Zenith Radio

Curb Stocks

High Aero Sup B ... 4 Alum Ltd .....107 Alum Co Am ..136%; Am Air vo 23% Am Box Brd .. 221, Am Cyan B ... 30 Maracaibo 17 8 Am Super . App El hid ‘pf 10811 Ark G 778 — Sil Yas 2, Baldwin Loco B 21a Barium Stl . 53% Bellanca Air 612 Ber Gay Fur .. Brill Cp pf .... Brown Co pf .. Carrier Corp Centrif P Cities Serv Cities Serv pf.. 50 Cities SPL $7 pf Col O & G N 8 Con Cop Mns.. Cooper Bes .... Cord Corp Creole Pet Cusi Mexic Dayton Rub .. Eagle Picher L El B & Sh

Net Low Close Change

Equity Cp .... Fisk Rubber ... A

tpt + . RN S aN

: /2 Gt Nor Paper.. 40%, Gulf O hres D5! Humble on ies Imp O Ca 15; Jones & in Stl 105 Iron Fireman . 217% Lion Oil . L227 Lockheed Air. 1273 Mesabi Iron "23-16 Mich Bumper .. 2V» Molybdenum ]

— [0 A BD LL

rp)

Nat Sig Set i Niag ‘No nd Fs i at

Pan Pitts oa a ‘123 PS Ind $7 no 2 50

CEELLR

Ya 35 1g

PRICE IN DEX

in “ih Un It P A....

NEW YORK, May 10.—Dun & piled for the United Press.

: | Cuha Co

weighted price index of 30 basic commodities, com-

FINAL NEW YORK STOCKS

By United Press

SEL

High Low 19% (11% .. 25% (23 . 32Y2 Dav

Net Close Change Adams Exp -

FLEET)

497% Alleg 1 35% Allied Chem ... Allied Mills .... Allied Stores .. Allied Stores pf Allis Chal . Alpha P Chem.. Allen Indus .... 2 Amal Leath ....

16% 79% 622 29 20%

39% 96 25

CIEL

ERLE

. .

8 2 1432 1 105 27- 3 Tos one 32 Snull ..... 39 59 —1 Stl Fdies 541, Stl Fd Rts 101, :

—

Go 0 2 READ DNB

- N

Yoolen pf. Zinc - Zinc pr ‘pf. SN al Anch Cap ... Andes Cop Arch D-M .... 4234 Armr Del pf Arm Ill Armr Ill pr Armstrong C Arnold Const .. Asso Asso Inv Atchison Atchison pf . Atl C Li v allgawry. 23, Atl G & WI ot 34 Atl Ref 30Ya Atl Ref pf a 1097s 1614 29 7

a RL

—-

[ +:

5 1255 17 5173 8834 992

48 23, 34

PELLET

29, 1097s 16a 28% 6%

Atlas Corp ... Auburn Auto... Avn Corp

Bald Loco .... TVs Bold Loco as .. 6 Balt & Ohio. 32% Balt & O pf ... 38%

Barber Co 32 262 Beatrice Cr . 30% Ben Ind Loan.. Big Sanford 55

Barnsdall Bayuk Cig 15% Beech-N Pkg. ... 109% Bendix Avn Best & Co..... 86 a Beth Stl 7 1 11 187s 55 Black & Decker 3

w —

Borg- -Warner + | Bdgept Brass. Briggs -Mfg Briggs & Strat. 1-My

So Ww

eB CORD TDD oh oh et iB DD 63 DD

Bucyrus-Erie Budd Mfg .... Budd Wheel ... Bullard Bulova W Burroughs Butler Bros .. Butler Bros pf.. Butte Cop 4 Byers, A M

ht i CO ND SR

hh 8 »

FELLER LEI ELL

— =

- >

Cal Packing Cal Packing pf.

iid:

Can Pacific .. Cannfn Mills .. Carriers & Gen Caterpillar T .. Celanese 39 Celotex . Cent Foundry .. Cent R R N J. Cent RR NJ.. 28 Certain-teed ... Champ Paper...

ALLE) el

Ch Chi Chi Chi ChiRI&P

City I, | Clark Eq | Cluett Peab ... Coca-Cola ....... Colgate-P-P..., Col & Aik

4 | Col Fuel & Iron

| Colum Gas Col G pf A Col Picturs vtec Com Credit ... Com In Tr.... Com. Solv Commonw & So Comnw & So pf Conde Nast. ... Cong-Nairn Cons Edison . Cons Edison pf 135% Cons Film... .. 3%; Cons Film pf . 14% Lounaries 10 Oil 157

Con Rr Cu Bt.. Con Textile .... Cons Coal vtec . ! Container . Cont Bak. A ... Cont Bak B ... Cont Can Cont- Dia P Cont Cont Cont Cont Corn Coty Crane Co . Crane Co cm 15 Cream ble, Crosley Rad

{ Crown Zeller | Crucible St . Crucible pf

| Cub-Am Sug ... {‘Curtis Pubj .... Curt Pub nf ... Curtiss-Wr Curt-Wr A

Deere & Co ...

NW Gr NX A

LUI

30% 5

155%2 132% 18%

2 15653 133 1833 Ei . 11% .153 35% 12%

Du Pont deb... Dia T Motor...

East R Mill . East Kodak Eaton Mfg Eiting Sch

12% .

Commodity— Lambs, avg. most s Hides, native heavy

Bradstreet’s daily

Wool, fine unwashed comb. (1b.)

FIFTEEN MOST ACTIVE STOCKS Net Low Close Change 45% 4533 — 2'4 9915 99'z — 4% 35% 36 213 1912 20 3234 33

High New York Cent 47'2 U'S Steel Rep Steel Par Piet ....... Newport Ind Yellow Trk new 23 21% 217% Mother Lode 134 138 13s Cons Textile ... 7% 3 %% Bklyn Man Tr.. 29 2178 29 G#n Motors ... 59% 5812 58% Celanese 37% 377s Texas Corp .... 5938 397s Socony Vacuum. 19's 1812 18'2 Atch Top S Fe. 91!>2 883; 837s Radio Corp Am 92 913° 94

£2 7%

Transactions approximated 780,000 shares, compared with 820,000 shares Friday. Curb transactions approximated 217,000 shares, compared with 239,000 shares Friday.

Net, High. Low. Close. Change. 37 37 10% 10% Ya 5 5 oC S58

Elec Auto-L...

19 —_ ’ 3% — 9 3 Elk-H Coal .... 1% 1Vs El Paso Nat Gas 24 23 Ya El Paso Nat Gas 2, 23Y2 End Johns . Vs Same Bldg Bes 612 18%

Ere 1 267s Evans 27%

— 1Ys

1% — 2V

-_ 1p

rod

Fair Morse ... Fajardo Sug .. Fed Min & 8S. Fed Mo Fed ow Fed Wat S Fid Phen y Firestone T . Firestone pf A First N Strs Flintkote — ok Follsanbee ... Foster Wheel .. Francisco 8S Co 11 Freept-Sulphur.

FLLLLLLI +L:

le (PNT @a

Gabriel A 578 Wood Ind . 13'2 A I pf ww.101 ° Tr .... 10% 13% civis 8% +. B13: . 41% 53 i 49% .. 647; . 593% . 11 17 378 . 4515 312

Goebel Brew Goodrich

Gt Nor Ore .... Creen H L ob Greyhnd Corp 14 Grevhnd 5's pf Gulf M & N.... 12

Hall Print Harb-Walk Hat Corp ... Ham Wat Hayes Bdy Hazél At Ya Hecker Prod ... Hershey pf

tai

Hupp Rts . p Ill Central

A Stared E No» ~

-—

Int Int Int Int Int Int Int

w Dor DN

oe 1 Gd a ad

er Te ATL

Is Cr Coal Johns-Man

Rolamazne Sto 34 C Sou Va

Ean ser Jul .. Kelsey Hayes A Kennecott ..... Keystone Stl Kimberly Kresge SS . Kroger G

22 17Y2 55V.

hm : Libby Me &L. L-O-F Glass Life Savers .... Ligg & My .. Ligg & My B Ligg & My nf Lily Tul Cup Lima Loco ... Link Belt

Lone Star Cem 5 Loose-W Bis Lorillard Lou G & E A Ludlum Stl

McCall Corp ... McGraw El .... 51 McGraw H McIntyre P

—-

Maracaibo Ex .. Marine Mid Marlin Rck Marshall Fld Masonite Corp.. Mathieson May D S 7] Maytag Maytag pf ww Mead Corp .. Melville Sh, Mengel Mesta Mach Miami op ident Pet idland Stl

LEE LIE ib

| al GY

SRRSRRRRRSRRRRRRR

ueller Br

AND x ton QUOTATIONS

DAILY PRICE INDEX

Year Ago $ .1150 A114 34

Week Ago $ .1185 168 16's 43 45

Today ales (Ih.) ... $ .1195

steers (Ibh.).

Va |

Zin —_1Y

20a

Mullins Mfg B. 28 Munsingwr .... 29%2 urray 14% Ne 20Y4

Z8 29, 13%

Nash-Kelv ..... Nat | Nat Nat Nat B Nat Nat Nat Nat Nat Nat

We CEN

SLLLIHELEL I EL Te

oe 0

—=0 a 0 G3

= NARS Be

— am C3. + C : : + BER AN AB Rae @ aN

= a

& vo 64 C & StL pf 93% Omnibus

LET LLERT

—-

Oe CA hb

Norwalk T

Ohio Oil ...... 20% Oliver F Eq ... 68 Omnibus 1834 Otis Elev 7 Otis Steel .... Owens Ill G ...

20" - 66

9612 5 —P— Pac Finance ... 24'4 Pac G & El ... Pacific Mills ... Pac West Oil .. 2 Packard Panhandle

8 Ce

Parke Davis ... Parker Rust Pr Parmelee ° Pathe Film .... Patino Mines .. Peerless

{+E EEL LT

Pond Creek Poc Poor 27 Port A-Am . Postal Tel pt. . Press Stl Car. Proctor G.. Public Serv..... 41 Pub Serv 6 pf. ips Pub Serv 5 pf... 103 Pullman Pure Oil Pure O 6 ¢c Purity Bak

ed hd Be Lo RES CR RN “NS

23Y2 617

BD pt ph

PLL ILL)

Quaker St Oil.. 1734

Radio pf N.... Radio-K-Or. Raybestos

p Republic S pf A 105 : Revere gop. sie Revers A . Reyn Met . Reyn Spring. Reyn Tob B...

Safeway ieee St Jos Lead... St L-S Fran... St L-S F pf... : Savage Ar so 2134 Schenley Dist . 44's Schenley Dist BE ik Schulte R Schulte pf .

| Seab’d Ol ..... Seagrave

Snider Pkg ... . Socony-Vacuum 19's So Por R Sug. . hy 4 So Cal Ed .... South Pac . Sous Ry .. So R

LILLE

CD pt pt

FLUE

Superior

Swift Intl .. Sym-Gould Cp 175s Sym-Gould xw. 1338

Telautogrph ... ot Tenn Corp . Texas Gord 6’ 8 Texas Gul Prod or

— Et tA 2D AEB ENB AND NT

Timken R B ... Transamerica Trans & W A Tri-Cont Truax Tra . 20th Cents Fox. : 20 Cent-Fox DE ne Twin Cy RT 103 Twin Coach Co 19%

LLL

Wa ®

Ulen & Co .... Und E Fish ... Union B & P.. Dion Carb

nk Ath Cp: Air Lines... Biscuit Carbon ... Un Carr Fast .. 3 United Corp ..:. United Cp pf .. United Drug ... n Dye a. a2

- aa >

—-

ON NS

—

LIFE)

® a

LULLED +1:

Net, High Low Close Change,

of futures.

WEEK-END RAIN LOWERS WHEAT IN CHICAGO PIT

Traders Cautiously Awaiting Government Crop Report This Afternoon.

By United Press

slumped on the Chicago Board of Trade today as further liquidation

CHICAGO, May 10.—Grain prices |

of May contracts was in evidence and rain was reported in Texas and Oklahoma over the week-end. At the end wheat was % to 7% cent lower. May $125%:; new corn was off 3% fo 2% cents, May $1.30%; old corn was 2% to 27% cents lower, May $1.29'%, and oats were unchanged to 9% cent off, May 46% cents. Momentary support was given to the market at mid-session with the issuance of a bullish report on Oklahoma : crop conditions. Liverpool closed easier, forcing prices down here. Poor demand for cash wheat there counteracted favorable weekly statistics. Winnipeg observed a holiday. Mills were inclined to restrict their purchases of wheat, awaiting the expiration of May contracts. Later in the session, trade was obviously affected by curiosity about the Government crop report scheduled for later in the day. Corn was weak from the start. Good weather for planting brought out selling by locals while cash corn, off 3 to 4 cents, took its toll Buenos Aires opened unchanged to lower while Rotterdam closed easy.

CHICAGO GRAIN RANGE

High Low Close $1. 24, SL. 2514 5g 3% L 16%

Prev. Close

$1.26

Wheat—

Soy May July Lard—

15 bd 11. Sept. 11.85 11.75 a Asked: b bid; n nominal;

PRIMARY RECEIPTS Bushels

Wheat

326,000 208,000

CAS Wheat—No. 2 hard, 130. mixed, $1.30'[email protected]% No. mixed, $1.31%; No. 2 yellow, $1.33@ 1.35%; No. 3 yellow, $1.30% al 34; No. 4 vellow, $1.30@ 1.31%; No. 5 yellow, $1.30 1.31; No white. $1.34, ar as. No. 3 white, 31. 32Va@ 1.33%2; No. 4 Ww ite. $1. 2941.33; No. 5 white, $1,285; Sample, [email protected]. Oats— Ne 1 white, 533i @53%c: No. 2 white, $c; No. 3 white, 50@52c: No. 4 white, 55 Sample, 48% @51Yac. Rye—No sales. Barley—Feed, quoted, 70@85c; malting, [email protected]. Timothy Seed-—$4. [email protected]. Clover Seed—Quotd.e $264 32. Soy Beans—No. 2 yellow, $1.78Y4601.79V,: No. yoy, $1.773%. Cash Lun a nominal; loose. $10.26 nominal: leat, $ho; 2 nominal; bellies, $15.50 n 50 nominal.

LOCAL GRAIN

CASH Wheat—Market, easy: loads ;No. 1 red, $1.25'2: No. 2 red, $1.24; No. 1 hard. $1.24!2; No. 2 hard, $1.23%, Corn—Market, weak: receipts. 37 carloads; No. 3 white. $1. 2001.98; No. 4 white, $1.24 @1.26; No. 3 white. $1.22@ 1.24; No. 3 yellow, [email protected]; No. 4 yellow. $1. 24@ 1.26: No. 5 yellow, s1.220124; No. 3 mixed. $1.24 @1.26; No mixed, $1.22%1.24; No. © mixed, $1.20@ Yas Oats—Market, easy: receipts. 16 carloads: No. 2 white, 49'2@ 50'2¢; No. 3 white, 4815 @4972¢.

Corn—No. 3

receipts, 3 car-

WAGON WHEAT

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

LIVERPOOL WHEAT High Low May ......8 . .

LOCAL ISSUES

(By Indianapolis Bond & Share Corp.) The followin ng sent actual bids or offerings, but merely indicate the approximate market level.

BONDS

Citz Ind Tel (TH) 4s ’6l1.. H Tel & Tel Ft W 5los ’55... H Tel & Tel Ft W 65 43... Ind Assoc Tel 4'as '65. Indiana Tel Co 5s. '60 Indpls Railway Ins 5s 67. Indpls Water Co 3'2s '66...... Inters.ate Tel & Tel 5'as ’53.. Kokomo Water Works 5s '58.. Morris 5 & 10 Stores 5s ’'50 ..100 Muncie Water Works 5s ’'65.. Noblesville H L & P 62s '47... Ohio Tel Serv 6s ’47 Richmond W W 5s ’5 Seymour Water Co 5s T Trac & L 5s’ T H Water Works 'T H Water vate, 6s Trac Term Co 5s i Kuhner Packing Co 415s 497." STOCKS Belt Railroad & St Yds com.. Belt Railroad & St Yds pfd.. Cent Ind Power pf Ts 32 Home Tel & ry Ft Wayne... £ JI00R Dr Ind & Ind 2 ne Ind Gen 222; tom 6s -..

Indpls Pwr & Lit Co pfd 6 “is Indpls Pwr & Lit Co pfd 512s 921% Indpls Water Co pfd 5s Lincoln Natl Life Ins Co com.

Bid 102

N Ind Pub Serv pfd P R Mallory Co com... Progress Laundry Co .. Pub Cerv Co of Ind 6s.

Van Camp Milk Co pfd.

vy . 56 van Camp: Milk Co com...... 133% 153%

FOOD PRICES

CHICAGO, May 10.—Apples—Michigan Spies, [email protected]. Sweet Rico, $2.65. Carrots—Illinois, bu., $1@ 1.10." Spinach—Illinois, bu., 50c@$i. Tomatoes—Mexican. lugs, $2.50@3. 50. Cauliflower—California, crates, [email protected]. Peas —~California, hampers, $1.85@2. 18.5 oy —Florida, 10-inch crates, $2. 2.75. Onions (50- 1b. sacks)—Texas a $1. 40 @1.42%; Texas whites, $1.55.

quotations do not repre-’

] McCrory

Potatoes—Puerto.

N. Y. Bonds

By United Press 2 BOND PRICE INDEXES (Copyright, 1937, Standard Statistics Co.) 20 20 20 Inds. Rails Util recevsnee 92.2 95.6 102.0 vores INT 95.9 102.4 ves 92.0 95.1 102.4 91.7 94.4 102.1 90.8 90.6 104.8 81.5 95.8 97.7 95.0 101.2 106.0 91.6 94.2 101.8 94.8 100.4 106.2 90.0 84.7 1035 86.4 103.6

91.4 83.6 71.0 89.3

60 Bonds 96.6 96.8 96.5 96.0 95.4 87.0 100.7 95.9 100.2 93.3 93.1 83.0

Today Yesterday Week ago Month ago .... Year ago ..... Two years ago. 1937 high ..... 1937 low 1936 high 1936 low 1935 high «eee. 1935 low

sess eee

TEN MOST ACTIVE BONDS

Close Change Ago Ago Net Mth. Year —1 107 one 21'2 16'2 82 922 106 105% 99 28Y4 93 95% 10%

NYCent 3%s '52..108 ChiRocklIsl 4s '34. 21% IntRapTr 5s ‘66... 73 Penn RR 3Vss ’52.108% PennP&L4'2s '81.100% LakeShMS3!2s '97 100Vs St S Fran 4'2s '78 27Vs Bklyn MT 4Y2s '66 91 N Y Cent 5s 2013. 97% ChiM CtP&P 5s.. 10

106% 16% 91 6a

-1 — Ya Bond volume approximated 217,000 shares, compared with 239,000 shares Friday.

GOVERNMENT BONDS Treasury Bonds

LIVELY BIDDING RAISES PORKER PRICES 5 CENTS

Sows Abandon Lagging Tendency; Vealers Break [to $9.

An upswing in [fresh pork prices at Eastern consuming centers that in extreme ranged as much as $1.50 over last Friday Sia dain demand

for hogs today and a fairly liberal supply cleared readily at steady to 5 cents higher prices. The advance ‘was on weights above 160 pounds, pushing the top level to $10.45. Sows gained 15 to 25 cents under broad support by local interests. Faced with religious holidays later in the week when there will be no killing at some plants for two days, buyers were able to dictate terms today and vealer prices tumbled sharply. After a | deadlocked trade for some little time the market became established mostly $1 lower

High Close

414s 1947-52 . 4

D2 1051200 cerraereysr 39, 1056-50 1ernevesss 09.27 20 1949-53 Lo. aal.. 9707

U. 8. Certificates Pet. Year. Bid. . 3% 1937 101.3

Month September February

June

et hd hd pt pt pd pd bd pd DOD OF 1 Gd D0 IO NON AIR TADRDD

99. 99.20 December 98:25 98.27 Federal Land Bank Bonds Bid asked Yield 1007s 10 2.82

10114

3s July 3s. Jan.

1955-45 1956-46

sesssess

. 10075 10073

4%;s Nov. 1958- 38°

Fedeal Farm Morizh e Bonde

ow Close

3%s : ‘eo . 102.24 102. 27 3s 1949 . 102.5 2.6 2%s 1947 . 101.6 of: 6

Home Owners Loan Bonds

3s 1952 ...... 101. 3° 234s 1949 100.

: 100. 2Yas 1942- 44 89.32 99. 3

DOMESTIC BONDS

Abitibi 5s 53 is Alisg Corp 5s Am & For P 0 2030 ATT deb 52s 43 i Anaconda C 4las 50. Arm Co Del 4s 55 Armour C 4158 39 ..... At T S F gen 4s 95..... Atl Coast 4's 64. ...0.. 3u Coast L 4s 52. Jaee. 10805 B& Oref 6s C 95...... 99

B & O 42s 60.. Bell T Pa 5s C Beth Stl 4%s 60 Bu R & P con 4's 57. 87 Bush Ter 5s 55 62 Can Na Ry 58 Oct 69..117% v112 . 9453 101

101.28 99.21

103

Can Na Ry ‘4'2s 51.. Can Pac deb 4s perp.. Cent Ill El 55 51 ...

Chi East Ill 5s staan 39 Ch MStPA&PS5ST Ch M St P & P55 2000. Chi N W 43%;s 49 Chi N W by %87 Chi R I 425.60 Chi R I ref 4s 34 ct. Ch T Hau inc 5s 60 ... 80

5s Col Ge 5s 52 May Cons Oil 3'2s 51 Cons Edis 3153 56 Cons 2s 3l%s 46 Con NY 4s Ay Pw 3las 170... Crane Co 3'2s 51 v. 99% Dayt P & L 3Vss 51.... 981; Del & H ref 4s 43.... 913 Den Rio G W 5s 55... 8 Erie ref 5s 75 Erie ref 5s 67

5¢ Gt North 4los E 73 Gt Nor 4s G 46.. Gt Nor 4s H 46. Hud Man ref 5s 57.. Ill Bell Tel 3'%s 70.. Ill Cen ref 5s 55

..10 McK2 & R 5s 2 vees.103% Mo, K & T 1st 4s 90..... M K T adj 59 67 yee 6 Mo Pacif cv 5s 40. . 1612 Mo Pacific 5s I 8 . 43 Mo Pacific 55s F U Mont Pow 33s 6. .. 95 Morris & Bs 5s 55. . . 98% Nat DP 33s 51 ww..104

WZ2222222222

hd RR . Penn RR gn “4 128 65. Penn RR 4Ys D81 . Penn RR 4Ys 84 Pere Marq 5s Philippine R 4s 37 ella y Fl 6s 43. Tr

.103%s os 21 . 1077

R Ste Rich oi ah 44ct .. St LSF A 50... Seab 7 Lin 6s 45.. Shell Un O 3%s 51 Soc Vac 3'%s 50 So ‘Pacific 4%s 81. So Pacific 4%s 68 ..... 90

80 106%

102 10334 89%

‘lambs, $9 d

than last Friday, pulling the top to

9. . A top of $11.40 went to a load of around (1000-lb. steers, with a few loads within the 1000-1100-pound weight range from $10.50 to $10.85, Bulk of the steers and yearlings, however, cleared from $8.50 to $10. A small lot of 700-lb. heifers was sufficiently qualitied to reach $10.75, most offerings from $8.75 to $10. A few sausage bulls touched $7, but -the practical top was $6.75. Aside from two loads of choice clipped fed Wetsern lambs scaling 88 pounds at $10.25, 25 cents lower than last week's close, there was little of fered in other classes to test the market.

HOGS Bulk

$9.9560 10.50 [email protected] [email protected] 9.8541 10.40 9.85110.40 9.85% 10.40 | 9.90@ 10.45

» «<

Receipts - 6000

—

2h Lizhes Good and choice..$ 2.00 @ 10.30 Medium | 8.50@ 9.90

9.90@ 10.35 [email protected] 10; 1a i040 9.65@ 10.25

10.257 10.45 10.25@ 10.40

e Lightweights— | (160-180) Good Sd Choice,

(180-200)

Medium Weights— (220-220) Good and (220-250) Good and Heavyweights— (250-290) Good (290- 2% Good Packing oo WS— (275-350) Good (350- 425) Good .::. (425-550) Good (275-550) Medium) Slaughter Pigs— (100-140) Good and Medium

ediu Good. 0

choice. . choice. . and choice.. choice.. 10.05% 10.20 9.60@ 9.40@ 9.25@ 8.50%

choice... 8.25@ : : 1.25@ CATTLE —Receipts, 1500— (550-900) Choice Good .. Medium! | Common Ene + Good : Medium | |

] Common | (1100-1300) Choice |. Good ..\.

[email protected] [email protected] 8.00@ 9.50 6.50% 8.00 11.75 14.00 9.50@ 12.50 8.006 10.00 7.00@ 8.25 12.50@ 14.25 . [email protected].

(900-1100)

Medium (1300- 1500) Choice |. 5 Good ". 11! cieses 10°0065127%5 £ Heifers (500-750) Choice (i.......... $10.25@ 11.25 G oa | 9.256110.25 6.50@ 9.50 9.25@ 11.25

Co (750-900) Fi and choice . Co 6.50@ 9.50

ommon, medium.

$ 8.00@ { 6.75 Common and medium Low cutter and cutter Bulls, - good Cutter, com.

[SESE

—Receipts, 800— Good and chBice .- Medium |.. 1 4.50@

(250-500) Good and choice. .$7. 00@ Common, medium. 5.00@

Feeder and Stocker Cattle

Commo (800-1050) Good and choice. . Common, medium. Heifers— Good and choice . Common: and medium SHEEP AND LAMBS —Receipts 1000— Shom Lambs— » Good in GE a Medium .... Common Wooled Ewes— (90-175) Good and choice... ” |" Common, medium.

By United Press

CHICAGO, May ; 13,000, including 3000 directs; market, fully ‘10c higher" than Friday's average; spots, up more on Hepimeiah: and butchers over 300 lbs.; top, $10.55; (bulk, good and choice 200-300 lbs., $10.35@210. 50: 150-190 ibs., $9. el. a0; bulk, ||good packing sows,

$9.65@9. 115000; calves, 1500;

ssssssr esas

sesssesasensane

RN 00D WD NUT INIT CIRCE

a largely steer run; very. little done; under tone, steady to 25¢ lower; medium to good grades shewing decline while common and strictly choice steers holding about steady; several loads held above $15; most early sales, medium to good offerings, $3.50@12; common |kinds, $9.50 down to $8; fe heifers, fully Steady) numerous load lots, $9.75@ 1 10.50; bes $11; strictly choice heifers absent, 0 sizeable su ply common and medium-grade kinds selli ing at $8.50 down to $6, kinds at latter price mostly Southerns; bulls, steady to weak: hest heavy sausage bulls, $7; vealers, weak at [email protected]; very few $10: about 1000 head Texas bred stock calves and yearlings in

TU cep Mateints. 8000. including directs; fat lambs] active, steady to strong, quality consid ered; spring lambs as yet unsold; askin wr, good and choice wooled lam S, s 1.60@12. 25; best here, $12.40; part deck merely ood mixed chisped lambs and vearlings, $8. 1 Sheep steady; shorn ewes, mostly $5 2 2 LAFAYETTE, May Tat ie rket to 10c higher; .| steady; 210-235 oe $10.25 10,35; 235-273 Ibs.. $10.10@ 10.15 2 180-210 lbs., $10.15@ 0610.05; 150-160 Ibs. bs. $8.715@9: 100-130 $9. 50 down. Calves,

. roughs $11@12: clipped

Spring la habs

FT. FASE ket, 10c higher, 275 1bs.,

Ind. —Hogs—Ma I's

May 250° Tbe.

$9; stags, $8: lambs,

roughs, calves, $9:

$11.50.

LOCAL PRODUCE

(The prices quoted are paid for stock gathered in the country, while for deliveries in Indianapolis (the prices are 1 cent higher. Each i case of eggs must weigh 55 pounds gross dog Eggs—No. 1 ctl fresh, | avy breed hens, |5 lbs. and over, 13c. Leghorn hens, 9c. breed broilers, 1937 stock, 2 lbs. an broilers, 1937 stock. bs. 1937 stock

Bareback broilers, bs. over, 14c. Cocks, Tc.| Geese, full- hey 5c. Ducks, full- feathered and fat,

and fat, 5 lbs. and over | 3512 @361:c Butter ai—No, a, 300;

loss off, 15e¢

Butter— Creamery, No. 2, 32v:@33c. No. 2, 28c

comprising kinds :

10.1547 10.35 .

9.7 9.6! 9.4 9.60 - 9.5 9.0!

INI ID GAP NPD

— Hogs—Receipts,

3500 °

I = | eT] vw ww 9

—

. (1930-1932 average 100). Today 148.13 Saturday ..........149.04 | Year ago ....116.60 Week ago. .........150.79 | 1937 high (April 5)..158.26 Month ago ........155.56 ; 1937 low (Jan. 29)..141.47

Following are the prices used in compiling the index: Week Ago $1.3514 $ 1.373%% 1.19 5513 7.95 1150 09 0345 325% .1010 0600

f Steel . 12 1. pf...135Y Seer pt. Ly!

Net Cotton, Mid-Upland (Ib.)....... .1358 1350 Ulose Chiande Silk, 13-15 deiers Jap (1b.)...... 1.84 1.89 Rubber, spt. smk. rib (1b.)...,. 211% oN Copper, electrolytic (Ib,). C14 14 Lead, spot (1b.) 060215 060215 Zine, spot (lb.) 066212 066213 Tin Straits, spot (lb.) 55%8 Sls Silver, comml. bars (oz.)....... A3 A5 Steel, scrap, Chi. (ton) 18.28 18.75 Pig Iron, Iron Age Comp. (ton). 23.25 23.25 Coke, Connelsyille (ton) 4.60 4.60 Cement, Dom. Portland (bbl). 2.25 2.25 Yellow Pine, 6-in. base (m. ft). 60.00 60.00 Douglas Fir, rough (m. ft.)..... 52.50 52.50 Gasoline, tank wagon (gai).... 090 090 092 Crude Oil, 40 gravity (bbl.).... 1.27 1.27 1.18

Source of Quotes—Chicago: Grains, livestock, lard, steel serap and hides. Boston: Wool. East St. Louis: Zine. Cnnelsville: Coke. Tulsa: Crude oil. New York: All others.

High West Md .... 9 9: West Pac pf ... y 8 812 West, Union ... 2 597 60: West Bke ... 44%

1163 Low 1.66 1538 09% 0460 0490 4634 4434 Va-Car 6 13.25 « 18.81 Wabash 3.65 Waldorf Sys 2.35 50.00 38.00

MONEY

NEW YORK, May 10.—Money rates were unchanged today.

Eankebs Accepran 30 Days, %® 3 120

sess

MARKET

Wabash 5'2s AT5

. .

Warner Bro 6s 39° .. 7-16%; 60 and 980 days, 9-18@ a0

WMarv 51%s 7 ...+ke.1 07 | days. 9-169 West, Union 55 60 ..\.. 101 Sie 350 %@9-16%; 9 eng. Jeo

Wheel Stl 415s 66 . aerial Paper— Prime names. Young S&T 4s 61 . Time Money—60 and 90 days. 1% 9 wl a0, 150 and 180 days, 120%

Yng S&T 32s 51 Rediscouns rate 25 New York. 1%%. AUTOMATICA..Y (YPESD

FOREIGN BONDS 1 BE! I$ | ADDRESSING & MAILING T MU.T GRAPHING LE E D2 STENCILS CUT

313 Merchants Bank Bldg. | |

111+]

Westvaco 5% pf 31 days,

Wheel Steel Year Ago 961% 641% 5634 30% 6.00 1050 061%, 0373 218 0965 i 0540 %

Commodity— Wheat, No. 2 Corn, No. 2

Today $1.30 1.341% 1.19% - 5234 9.90 0125 091% 0345 «333% «1015 0585 °

red (hu.)........ 2 yellow (bu.)....,.., Rye, No. 2 (bu#.) sess Oats, No. 2 white (bu.)....... vs Flour, spg. pat (196-1b. sack)... Lard, prime steam spt. (1b.).... Coffee, Riv 7s spt. (1b.)........ Sugar, raw 96 fest (Ib.).....e00

Argent 6s ‘Expenses .. Receipts . Deficit... Cash Bal. Pub. De bt Gold Pes 3 customs .

- “Inact. Gold INDIANA OLIS CLEARING

Sais eee 7,701

| vvPEWRITTEN LETTERS Woolworth .... Worthington...

Leer

49°s 361% Canada 314s 61 v.eessa. 99% Canada 2128 45 «sees... 99 Chile 6s 60 Cuba 5'2s 45 ... French 7s 49 sesesatens 88, German 7s 49 .ec.ce0s000 29% Italy 7s 51 Kiiee0 86Ya Japan 6%S 54 eccceeses. 96% Norway 6s a es svenneanlliVa Peru 6s 9%

60 covesescones

Warn Quin .... warren Gr cceee

Pit:

RULED FORMS UP TO 14°" X 20° TWO NOTARIgE

11-6122

40 117 Bn. 35

Youns er. . 8s

May eo. November bBid. CHANGE NEW YORE. May 10.—Foreign exchange ...4.93% —.00 1-16 Engling on hi rate) 4. ou —.00 1-16 : dollar) .- . gonads (franc) curinsis 1.0948 y 001 1 Qaiy ral Zo001 gly 4021 —.0001 (ma Germany (travel mark] Bassa L001 (fra - 7 Se guilder) 492° 1.0004 Spain (peseta) ...eeee Sheden (krona) o.oo 238 ce Nor ark (krone) 2205 ood Japan (yen) 2878 + ew 1937 high. NT TON. May 10. — Government waSHINGT receipts for the current xy year through May 7, compared with 8 year 280° p40 veq Last Year $6,444,133, 016. 02 $6,149,742,865.11 4.205,663,780.72 3,433,146,738.04 ,238,469,235.30 -2,716,596,127.07 11 1,864,974.81 2,434,833,682.22 ‘041, 311,277.60 31,466,086.864.63 ,845.957,607.87 10,248.949,352.51 ‘410, 304, 222. 2 332,532,069.84 Today's Pu Total Pur $88 564.88 $6,149,533,718.33 HOUSE Butter, 92 score (Ib.)... $2.897.000 | Hogs, avg. most sales (b.)..c00e ,000 | Steers, avs. most sales (Ib.) sooo

34%

Wes Oil 7 f ... 80% west oil Dt 6%

W Pa El p f os. 99,

Zenith Rad ... Zoni

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