Indianapolis Times, Indianapolis, Marion County, 12 May 1937 — Page 18

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PAGE 18 _

COMPLETE N. Y. EXCHANGE

STOCKS

CORONATION DULLN STOCK TRADING BUT

MARKET ADVANCES

—————

® Lightest 1937 Trade

Brings Selective Buying. |

By United Press | NEW YORK, May 12.—The lightest trading of the year developed on the stock market today despite .selective buying in industrial and railroad shares. All Canadian and British markets were closed for the coronation, resulting in a drying up of almost all foreign business. Commodity markets also were extremely quiet but prices showed firmness after early irregularity. Bond trading was quiet but second grade rails showed strength. Investment ‘buying reportedly was developing in this division. Rail issues led the early advance on the stock market, Atchison again

MARKETS "AT A GLANCE

Stocks irregular; utilities weak; trading ‘lightest of year. Bonds irregular; U. S. Government issues lower. Curb stocks irregularly higher in quiet trading. Chicago stocks irregular. Foreign exchange steady; Hol-. land guilder strong. Cotton firm after early easiness. Grains—Chicago wheat closed 1s lower to 12 cent higher; new corn 14 to 1%: cents a bushel lower; old corn 2 to 27% cents lower; oats 14 to 15 cent lower; rye 3% to 1 cent higher. Rubber lower.

COMMODITY PRICES

(By Abbott. Proctor & Paine) COTTON

‘THE INDIANAPOLIS

TIMES

inancial and Market Page

FIN

—A— High APW Paper Abbott Lab .... Adams Exp ... 17 Addressograph . Adv Rumley Air Reduc Air-Way El .... Alaska Jun

Allegh Corp

Alle Alleg

gn orp J ‘pt 40% pt w. 50%

Au pf 3 w. 50

Allied Chem Allied Mills .. Allied Stores ... Allis-Chal

241% 267s 16%

Amal Leather .. Amal Lea pf

Amerada A

Am Am

Am Am Am

Am P

Am Am Am Am Am Am A 5 Am 4 m Am

Bk Note ... Br Snoe ...

& L $6 pf 64% iw $5 pf A b5

2158 34 a 84°

S Ss

Sm 6 pf 105 21- 3

Net Change

Low Close 75 Mother Lode .. :22t |IN Y Central Yellow Truck Gen Mot ex div. U S Steel Col Gas & El Rep Steel Radio K O Par Pictures Radio Corp Am. Atch Top S Fe.. Grt North Pr .. United Corp ... Ches & Ohio ...

terday.

North Pacific ..

. 20%

93s 921% 5434 5%

% 4614 34 2214 51% 98% 1214 353 8 1915 9 © 8914 5334 5 5614

AL NEW YORK STOCKS

By United Press

FIFTEEN MOST ACTIVE STOCKS

Low Close

Change Net % 461 31 2214 5714: 991% 12% 3512

Transactions approximated 670,000 shares, compared with 750,000 shares yesterday.

Curb transac-

tions approximated 215,000 shares, compared with 194,000 shares yes-

Elk-H Coal ... Elk-H Cl pf

End E

Evans Prod ..

Fed LL & T .°. Fed Mot .. Fed Screw -. Fed Wat C A Fed Dep St Fed D 8 cv pf Fid Phen Pirestone T ... Flintkote Co.

ys 142 105 4 32 oa 27583, 38%

Net High Low Close change

: 5 El Paso No Gas Be John

35 99175 36: 341 337s

lia 453 241, 56%

4} 20 nis

Close. 32Ya 2% Ya

High. . 33 23 Bont St .. 1814

Distillers .. 30% a Yo

i] -

& 8S L Nye g St L pf. 9 NYC Omnibus . 29% Nig Smal 5 18%

oA Sad

No Pacific ..... Norwalk T

Ohio. Of] ....... Oliver F Eq.... Sppen Ci ey 17 ppen oll .... Otis oe Otis Hrrel Quthd Marine. . Owens Ill G....

Pac Finance Pac G & El.

wy Fale Sines . 18%

HOG BIDS JUMP 10 T0 25 CENTS: TOP HITS $10.75

Advance Breaks All Records Since Jan. 15 and Nears 1937 Peak Mark.

Top ‘of hogs here skyrocketed to $10.75 today, within 10 cents of the peak since last September and the highest since Jan. 15, according to the Bureau of Agricultural Econocmics, U. S. Department of Agriculture. it was the light receipts locally that stimulated the advance, which measured 25 cents on weights above 160 pounds and 10 cents on light lights and pigs. Combined offerings at 11 markets, however, were substantially below a week ago and the general swing was toward higher

{levels despite a tint of widespread

weakness at yesterday’s close. Sows soared 15 to 25 cents, to rising to $10. Cattle Rise Forced The country again denied the market sufficient cattle to . permit buyers to effect the reduction in beef costs they have been seeking this week. Instead marketings were curtailed to ‘such an extent that killers were forced to pay 15 to 25 cent higher prices throughout the

By United Press

Abbott Lab .. Advance Alum Armour & C Asbestos Autom od . Autom Washer pf . Facksta Wen . Barlow & Sig A. Eerghoff Brew Eerghoff B Ris Mig

— 00000 «30 O Ox!

Bruce E L Butler Bros Canal Cons cv pf..... Cent Ill. Sec ..... Cent & S W Ut Cent & S Cent t& SW Ot pl pi-. Ferry Burrell

Chgo

Chgo. Corp cv. pnfi...... Chgo Ry cts 2 .

Club Alum Coleman Lamp . Comwlth Fdison Chi’ Towel Consol Bis Cord Cor Deyton Rubber | Elec Household Elgin Watch .. Sardner -Denver

Harnischfeger Heileman Brew

Kingsbury Kerlyn Oil . La Salle Exten Lawbeck 6 pf Lincoln Print Lindsav Light

Chicago Stocks

0 ary - No@ =a

— DD Ob pad NLD

OOO —

« BANE A

—— > Tt IND Ft CD ht pt bth BD CA

COMPLETE LOCAL VESTOCK

GRAIN TRADING

Aimless Drift Lower Yields To Rapid Decline in Last Hour.

By United Press CHICAGO, May 12.—General dullness prevailed in Chicago grain pits today until the final hour. Prices drifted lower after an easier opening until toward the end of the session, losses increased with a sudden rapidity and May corn plunged downward. . A rally set in immediately howe ever. At the end wheat was off % to up 15 cent, May $1.2215; new corn was %4 to 1% cents lower, May $1.25%; old corn was off 2 to 27% cents, May $1.23'%z; and oats were % to 15, cent lower, May 45'2 cents. Showers in the Southwest, North=west and sections of the Canadian "West constituted about the only market influence with the excep=tion of some liquidation in. May and this brought out scattered selling of new crop months in the eat pit. Buenos Aires opened steady while Liverpool and Winnipeg were shut

ss down in observation of the corona-

pacing with more than 2 points gain, An optimistic report by the maga- _ zine Iron Age brought buying into steel shares which at one time carried U. S. Steel 1% higher. U. S. Steel preferred dropped to a new vy the year at 133, off 2'4.

-JONES STOCK AVERAGES 30 INDUSTRIALS

Peerle Follsanbee .. 158 P Foster® Wheel. 4512 Freept-Suiphur. 26

ve. 41% tion. - 08 Corn was fractionally lower at the start. A house with cash grain connections purchased July and sold September at a difference of 9 cents with a local leader completing. the transaction. There was a great deal of changing over, ‘ Country offerings to arrive were slight with 8000 bushels of corn booked by receivers. Shippers reported sales ‘of 3000 be@ishels while receipts were estimated at-25 cars. Rains throughout the corn belt were indicated by the weather map. Buenos Aires was unchanged at the opening.

CHICAGO GRAIN

steer and heifer list. Meager supplies of cows recovered the weakness permeating the class earlier in the week and bulls held fully steady. _ With curtailed Eastern outlet due to interrupted Kosher killing until 2 | next Tuesday, salesmen were un- | successful in raising vealer values on reduced supplies and levels here on most offerings continued in the unfavorable position with nearby centers. Prices were mostly steady to 50 cents lower, only a few choice vealers making $9.50.

[= ¥ oo RoW

ipr lien ....

December pr lien «...

January March Spot,

DEA ..onuye SE th M Sp A Nat Battery pf . Nat Leather ......ea.. Nat Rep Inv pf covveee Peabody Ki 5 e y Coa weveny 2 s BR oacaivinn 12%

Peoples Gas Pere Mqt .. . t pf. sini

Pere Mqt Pet C Am Pfeiffer. Brew elps Do Phila Co ror Ph Read C-1 Phillips Pet Pitts Sc & B ... Dymoutn on’ . Poo \ .. 26

Port R. Am B'. Postal Tel pf .. 9 Press Stl Car .. 2

12.64 up 3. Orleans

13.31, ne Gar Wood Ind. cresens Zn pr in... A os, Anch Ca Arch-D-Arm 111 Armstrong Ck Artloom Asso D Atchison Atl 3 Lone Atl W I. 23% Atl § s Ww pf 3415 Atchison pf .... 997; Atl Ref .. 97s A Ref pf A. "1097s Atlas Corp . 16? Atlas Pdr Avn Corp

May .... July October December January March

FLAIR:

si LIFE BE

—0.34 —0.49 —1.63 —0.17%

41.20

Rollins Hos cv pf ..... 33 St. Louis NSYdASs «..eene Sangamo El . Schwitzer-Cu citesnss Sears-RoebuUCk «eeveenes So Bend Lath ..ceeeeee Stan Dredging ccceseeee. Stan Dred pf ...csc00.. 1 Storkline Furn -..ccsee. Sunstrd Mch T ....s.. 23 Swift & Co .... Serrick Corp B ...se0c0 Utah Radio Prod +» rs Ut & In cv pf

Yesterday: «..coooveconense. Week ago .... Month ago Year ago High, 1937, 194, 40; low. 170. 13. High, 1936, 184.90; low, 143.11. 20 RAILROADS © 58.89 . 58.95 59.05 60.31 43.72 64.46; low 53.15. 59.89: ;low. 40.66. 20 UTILITIES 28.03 . 28.38

cesessenus EEE RE EER

Ry Sig Rty & U’ Gen Refract ... Gillette SR .. Gill 8S 85 of .. 8 .Gimbel Bros ... Glidden fy Gobel, adolf” die Goebel Brew .. Goodrich Goodrich pf Goodyear Goodyear Goodyear Graha

I++] |

7 pf.. 43; Pub Serv 5 pf..103 Pullman Vg

Pure O L101

Quaker St Oil . 1734

HOGS

2 0 <

Bulk Receipts $9.55@ 10.30 5600 9.85@ 10.40

+1:

4. 101%

Bald Loco ..... Bald Loco pf .. Bald Loco as .. Balt & Ohio .. 3413 Balt & Ohio pf 38!: Bang & Ar .... 40!» Barber Co 32 Barnsdall 3 27 Beatric Cr 5 pf 10233 ) 2 : ’ ) Lightweights— Belg Rys pf ... 863s > a ve ms 4 : 97 y y (160-180) Good 2nd

Bendix Avn - 20% ediu A (180-200) Good md um

Ben Ind Loan. Beth Steel : * «fa . 8 .23} Beth Stl o pt.’ Medium Werte May Cll. ih 1 Beth Stl 5 pf (200-220) Good and choice.. 10 7 i 1 Black & Decker 5 (220- 350 ood choice. . ; eavywe Blaw-Knox .... 24 ay oe) od (290- 350) i

Boering Air Bohn Al Br Packin i (275 50) G Good

17%

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

cessresnessseses

J 5 TPR

[email protected]

ht Li ev, ight Ligies Good and Medium

Pre Close

asses essasens

$1.22% 1.15% 1.14%

$1. 23}

Rellasle Stores. Yesterday ad Sent fans Week ago . 29.5% Month 280 ...rereeeressss.. 3152 Xear azo -.........cc-000nn 29.18 High, 193%, 37.5%; low, 28.36. High, 1936, 36.08: low - 28.63. ’ 70 STOCKS

U. S. STATEMENT

WASHINGTON. May 12.—Government £3penses and receipts for the current fiscal year through May 10, compared with a year ago:

This Expenses .$6,495,2 35 199. 20 Receipts. . 2 Deficit .. Cash Bal ; Pub. Debt 33,038,277, Gold Res. 11,856, 350, 2 37 Customs . 13,931,147. 3

—

sesssssssasreses

mn N®

Ala Pow 6 pf Alum Ltd Slam Co Am. Am Bor Brd . a Am Cvan B ... 30 Am Maracaibo . Am Super Ark NGA .... Austin Sil Mine Bald Loco B rts

++ 1 q

z choice. . choice.

ReynMetoupt cv As Reyn Tob B . 501% Borden : Rutland pf ..,. 615 Borg-Warner .. Boston & Me .. Botany A es Bdgept Brass .. Briggs Mig Briggs & ii Bristol-My .... 42 Bklyn-M T ....

Last Year $ 6,192,942,349.18 3,452,245,699.54 2,740,696,649.64 2,415,732,054.92 31.463.066.474.38 10,260,696,447.97 334,856,059.32 tal Purchases $625,544,362. ia

(350-425) Good (425-550) Good (275- Sani Medium’ Sah ig (100-140) Good and choice. .

61.98 . 6.17 . 63.00 65.18

Today Yesterday Week ago. Month ago Year ago High, 1937. 69.6%; High, 1936, 66.38;

N. Y. Bonds

By United Press BOND PRICE INDEXES 20 20 Rails Util. 95.4 101.8 101.9 102.5 101.9 104.9 97.7 106.0 101.8 106.2 103.5

Hall Print Hat Corp Hayes Body.... Hecker Prod Holland Furn Hollandr lv §

whl ETL

Toda Purchase Hfjacive oa $8,086, 343. LL

DU NAN

low, 60.98. —Receipts, 1000—

low, 51.20.

Can Marconi Carrier Corp Centrif P Cities Service .. Cities Serv Col O& G N ... Con Con Mins | Cooper Bes Cord Corp .... Creole Pet .... Cusi Mexic .... Davton Rub .... Eagle Ficher El B & Sh Bauity Cp .... Fisk Rubber .. d Can A

Bklyn U Gas +3 (550-900) Bruns-Balke ... Bucyrus- onile ve

» . 2 8 CO in 00 JD SOU Nt ON BD BD DI = pt ND) Ry a

INDIANAPOLIS CLEARING HOUSE

8,550,000 | Bu Mig 2 | Budd Wheel .. Bulova. W .... Burroughs Bush Term Butler Bros Butte Cop. .... Byers, A M.....

or —

OWPIIINVONNPD bots

| Household Househld F pf. Houston Oil Howe Sound .. Hudson Mot ... 167; Hupp Mot ... 3a Hupp Rts ..... 2-16 —

3153

(960-1100) May

July

+51 141]

- 3 td = a BAG Rg

High Low 1017 10

! i

3 1-18 Shell Un pf ...104 (1100-1300) Silver-King Simmons Simms Pet . Skelly Oil 5 Smith-Cor-T cts Snider Pkg Socony- Vacuum’ Gold

Erie ref 5s 75... Erie ref 5s 67.. Fairbanks M 4s Flor E Coas i

60 Bonds 96.4

Ill Central .. (1300-1500)

DIIIDDIDIDID 35D 53 bu 05 5 1918 59 £0 £5 00

ODI NUNUINOULNUIOU Pd ok od fd fk fk ped et

NOW II DID Ibn ba

1+: +

0 DOW Ww DW Amo -— “ow

nN et 2 = |

PRIMARY RECEIPTS

Bushels Last Week 324.000 331,000 136,000

Today Yesterday Week ago Month age Year ago ...... ¢ Two years ago. 1937 high ...... 95.

Cal Packing ps Call Zinc . 8 Calumet & H.. 13 Campbell Wy .. Canada Dry ...

9.65 96.7 95.9

95.4 95.4 94.2 90.3 5.8 101.2 94.2 100.4 84.7

| +:

Insp Cop

500-750 Insshs_cts Md . ( )

common ......... Good and choice . Common, medium

(750-900)

SRE RNDOOD = aaa SOI Dan DID

02 ONILI-INDI DI BIRD C0 1 © 1 ib 21D LI be PRR 0 =

ulf O Humble oil Iowa P = Lt ‘pf shay Imp OCan .... Ind P &|L.pf.. 8314 Lion Oil . oo 2 Lockheed Air .. 127; Mesabi Iron .. 3 Mich Bumper 23g Molybdenum 830 Nat Rub M .... 143%; Niag H Pwr 13 No Ind PS 6 ‘pf fai sim Prudentizl In . 1133 PS Ind $7 p pf 482 Rustless T & Stl 14% Segal Lock New Seiberling R ..

DLL

CASH

Wheat—No. 3 red, $£1.2635; No. 1 hard, 81.2833 1.29. Corn—No. 3 ‘mixed, $1.27%a; No. 3 yellow, [email protected]'2; No. 4 Yellow, $1.25Vata 1.26: white, $1.29; 3 it

3 white, 4915 @50c. Rye — No

nN be ~

Caterpillar’ Toa Celanese Celotex Cent Aguirre Cent Foundry.. Cent RR N J Century Rib ... Cer de Pasco... Certain-teed Champ Paper Yr. Ches Corp Sig ; 2 3 es & Ohio. . Age. 1] 32g Gay 's | Chi E Ill 2 Chic Gt W ‘pf. 1 Ch M StP&P CaM Sper of Ch & Chi & A vf.. en Taw To S14 i Pi, 105%2 Chi RI 6 pf ... 2934 104 Chi R11Tp 8334 T i 2:4 | Chickasha { tess bE 2 | Childs 106%: chrysler - ...... 25% City I & Fs City Stores .... Clark Eq Cluett Peab Coca-Cola Colgate P P.... Colgate pf Col & Aik

Col Pictures vtc 34 Col Carbon’ ...1147; : 6415 cae BT Com Solv 1534 Common & So. 233 Cong-Nairn . 381, Cons Cigar .... 13 Cons Edison ... 37 Con Edison pL. oe Cons Film . 3a 1314

fob ok et

Dart DUNT a

00 Common .and medium Low cutter and cutter Bulls, good Cutter, com. ...

1936 high ...... 1936 low ....... 1935 high ...... 91.4 86.4 103.6 1935 low iL0 89.3

TEN MOST ACTIVE BONDS Mo. Chge. Ago. 14 106% ... ® 13714 126 2 1067s 97's 1303 104 2913 9034 105%

| +++] 1+? 19

™~

VOD 1-1 NWO ~I0 A RW nn x NIIP ID Qn ANDO ND D999

—- — 1 © » >n

4125 63.. : : Vealers —Receipts, 700— Good and choice Medium Cull and common. . hes Calves (250-500) Sood and choice. $7.00 Common, medium 5.00 Feeder and Stocker Cattle (500-800) Good and choice $ 7.50 mon. medium. 6.

Com (800-1050) Good and choice . mmon, medium.

etd]

ne nt nt nt nt Shoe nt Int

Is Cr Coal i

CHOU Ty 0D 00 =JO UCI DM =I DN DI TT i 1 UTA CF CI =F 14 UI OD HP = ~ 100 EI

i pe N'NNOINKN® HRN ~

=I wo S93 9

Close. NY Cent 313s 52 1082 Ches Corp 5s 47 1262 Penn R R 3%s ’52 1093 N Y Cent 3s 2013 9il: Grt Nor 4s G 46 133% Phil Co 35s . ’67 10014 Post T & C 5s '53 25% NY Cent 43s 2013 894 Penn P&L 4':s 81 101':2 Am & F P 5s 2030

Stan Oil N J Sterl Prod

ad et ® aa dN

239

Lig & Myers 55 51 Loews Inc 31!»

Fi] reeerd

- 0

Studehaker Sun Oil Superior O .... Superior St Suth P

Swift &

Sym-Gould Cr Sym- Gould ...

91 109%2

— 3

BO | — ae

| ji:

Johns Man ....129';

2912 1712 . 551» 1714 TYa

24 22%

Kaufman DS .. Kelsey-Hayes 4 Kennecott y Keystone Stl.. Kinney Kresge SS .... Kroger G & B

03 939d

BANNED a Es

Mont Pow 33s 66. Morris & Nat D P 33;s 51 ww Nat Steel 4s 65 Nw Bng T & T 5s 52. N Orl Term 4s 53 . NYCent cv 6s 44 y NY Cen ref 5s 2013 . Cen ee 2013

Bond transactions approximated $7,860,000, compared with $9,250, 000 yesterday.

Telauto rph Fi Tenn Corp .... Texas Corp Tex Gulf Prod. G Sul

OD th he G3 a ea 0863 Oa ® AN NE RAN RR a

Lambert

U. S. GOVERNMENT BONDS Treasury Bonds Low 115.6

(90-175) Good and choice. . Common, medium.

LIAR EL

Close! NY 5.7

By United Press

i Bi CHICAGO, May 12.—Hogs—Receipts, 11,- | Citz ind Tel (TH) 44s '61 ...102 Timken k *B } 000. including 3300 directs; market, strong | H | & T° Lanta - 14 13% to 10c higher than yesterday's best time: rans & W Air 2 L 3 4 | top, $10.60: bulk good and choice, 200-300 87 lbs.. [email protected]: comparable 150-190 1lbs., $9.90@@ 10.45; few choice strong weight pigs, [email protected]; bulk good packing sows, $9.656@

.90. Cattle—Receipts, 7000: calves, 1500; fed steers and yearlings. 25@40c higher; good and choice kinds up most, these going jareely on shipper account: market largely a forced affalr. killers buying for next week's early slaughter following Kosher holiday on Monday of next week: largely [email protected] market: sprinkling of $12.75 @13.50; not much above $14, although load or so held around $15: best lipnt fearing steers, $12.75; 725-1b. heifers, a grades heifers strong to 25¢ A COWS very scarce, steady .but slow: bulls and vealers steady: bulls ruling 25¢c under recent high time at $6.75 down on weighty sausage offerings; vealers $8@9: select, $9.50; good: and "choice Southwest stock calves and yearlings. [email protected]. but trade very slow and both native and Southern bred stockers lower for the week. Sheep—Receipts. 3000. includin 1100 directs; early sales fat lambs fully 2»sc higher; few spring lambs showing advance: . sheep steady; part deck choice 101-yb. wooled lambs, $12.75; clipped lambs up--ward to $10.50 and $10.65; small lots choice 71-1b. native Sor ngers, $12.75; most shorn ewes, ow . WAYNE. vig lower to 10c higher;

Ask

60 Indpls anne Ins 5s '67. . Indpls Water Co 3!29 '66. ve HL Tel & Tel 5'as 53° 1 Kokomo Water Works 5s ’58..102 Morris 5 & 10 Stores 5s ’50 Muncie Water Works 5 Noblesville HL & P 6) Ohio Tel Serv 6s '47 Richmond W W 5s « Seymour Warer 552 5s '49 TH Trac & L 5s ‘4 T H Water Works 53 '56 T H Water Works 6s ’'49 Trac Term Co 5s ’'57 Kuhner Packing Co 4'2s ’49... !

STOCKS

Belt. Railroad & St Yds com Belt Railropd & St Yds pid. Cent Ind Power pf Ts Home Tel & ny Ft Wayne. . Hook he In Ind & Mi Elec Co ‘pfd’ 7s. Ind Gas Co con Ind Gen. Serv Co os Ind Hydto Elec Co Ts . Indpls Pwr & Lit Co pfd- 8. ce Indpls Pwr & Lit co Pid 6'2 Indpls Water Co Lincoln Natl Life . Co com 26'z N Ind Pub Serv pfd 7 90 N Ind Pub Serv Co ofa 6s". N Ind Pub Serv pfd Ts . P R Mallory Co com ... Progress Laundty Co ... Pub Serv Co of Ind 6s.. Pub Serv Co of Ind 9s.. Smith-Alsop pfa Smith-Alsop com ee Terre Haute Elec Co 6s ... oer Union Title Co com. .... .

20th Cent-Fox . 3 20th Cent-Fx Twin Coach & Und E PFish.... Union B&P .... Union Carh .

Loew's pf Lone Star Com ‘| Long Bell, A . Loose-W Bis... Lorillard .. . Lou G& EA... Lou & Nash Ludlum Stl

Cons Film pf. ; Cons Laundries Cons Oil Con Rr cu “pf. Con Textile Cons Coal Container Cont Bak A. Cont Bak B. Cont Can

vic.

+l]

McCall Corp ... McCrory McGraw El cGraw H cKeesport cKess

September Tank February Aircraft op: Air Lines..

jit

vit Cont Oil Del So: 8 Steel vs 2

ing, [email protected]. Timothy Seed—-84.256@ 4.50. Clover Seed—$266,32. Soy Sealisany sales, loose, , bid; leaf, $10.87. bid; bellies. $15.50, nominal, City grain elevators are paying $1.13 for No. 1 red wheal, other grades on| their Oats, 47c. Hay—No. 1 timothy, [email protected]. Heifers— «Good and choice .. : LOCAL GRAIN SHEEP AND LAMBS eo. 8% : Bo. i No. —Receipts, 200— $1.2172; No. 1 Ed, $1. 2175 LOCAL ISSUES carloads; No. 3 white, White, $1.1941.21; No. 5 while nat 19; 0. The following quotations do not repre- stim 12 10, 3 ellow, 31. 1121.19 ‘No. $ sent actual bids or offerings, but merely key Ba rece ipts, 9 carlo ads; No. 2 BONDS white, 48%2@49'2¢c; No. 3 white, 47 ot 2C, Eggs—Market, unsettled; receipts, 36.000 cases. Fresh graded firsts, 20%ac: dirties, storage-packed firsts, 2134c: storage-packed extras, 22c:-extra firsts, 203;c. Ho 10.781 tubs; extra firsts (90-8117 score), 7 2915c; extras (92 score). 30'zc; firsts, 27%a specials, 31@ Poultry—Market. steady to ceipts. 43° trucks; s. l4@16c; horn hens. old roosters, . turkeys. 15@16c; fryers, 24'2@26'>c: spring Cheese—Twins, 151:@15%2¢; daisies, 15% @16c; longhorns, 153, @ 160. demand, fair; market, steady to weak: Louisiana Bliss sr riGnRps, 22. $e @3.10, U. 8.

sales. Barleyv—Feed quoted, 70@ 85¢c: maltCash Provisions—Lard, ominal; WAGON WHEAT merits. Cash corn, new No. 3 yellow, 51.18. Common and medium Wheat Market steady: 1 .red, 8). Shorn Lambs $1.20'2. Corn— Market firm: Choice .. (By Indianapolis Bond & Share Corp.) 3 vellow, $1.2161.23; yellow. 0. 4 1.19; No. 5 mixed, [email protected]. OR ars indicate the approximate market level. CHICAGO PRODUCE 18c: current. receipts. 19¢; checks, 17lz¢: Butter—Market. weak: receipts, 20@ 28%; standards, 29%c: firm: llc; broilers, 14@18c: chickens, 26@28c; barebacks, 20 22c. 2 Potato (new stock)—Supply, moderate; No. 1, $2.35@ 2

Carr Past’ . Vaitea Corp... United Cp pf .. Vnued DE Sie 13

{RE htt:

28 T&C 58.53 ... Reading 4l%s A 97 Rem Rd 4Vis 56 R Steel C 45s 50 St L SF 5s A 50 Seab Air Lin 6s 45 .... Shell Un O 3a 51 Soc Vac 31:5" So Pacific 415s 81 So Pacific 42s 68 ... Co Pacific col 4s 49 .. Sou Rwy 6lys 5A Sou Rwy 6s 56

Eeatal

Mississippi Bliss I utnphe Bliss Triumphs. $2.65@ 2.75: 5 White Rose.

45: California . (Old stock) —Supply. moderate: de= mand, fair: market. steadv to weak: Idahe Russet Burbanks. [email protected]; Maine Green Mountains, $2.15@ 2.20: Commercials. $2.10; Wisconsin Round Whites, [email protected]: Michigan Russet Rurals, shipments,

$1.95, Arrivals, 94; on track, 252; 876. | CHICAGO. May 12. w= Apples =~ Michi an Spies, [email protected]. Sweet yr — Michigan siana Puerto Ricans, $2.65. Carrots — Illinois, bu... B5c¢@$1.10. Spinach—Illinois, bu.. $1@ 71.25. Tomatoes — Florida lugs, . 3 3001. 75 ON Sioa, crates, ,| van Camp Milk C $1.70@ 1.75. eas — California ampers 210-235 Ibs. $10.50@ Be Nig rd $1.90@2. Celery—Florida. 10-inch crates,

Van Camp Mil ma 12 $10 20210 35; DP MilkCoom 1 [email protected]. Onions (50-1b. sacks)—Texa$ 180-210 lbs., ; TTT yellows, [email protected]; Texas whites, $1.45@

5: 130-150 Ty MONEY MARKET

3 . 75; roughs. Calves, $7. 50018 sy Spring lambs, $11@ NEW YORK, May 12.—Money rates were unchanged today. "wo

12; clipped lambs. $9 down. Banker’s Accepiances — 3 an 120

LOCAL PRODUCE 17-16%. 60 90 days, o-d6q ls: i

SAY 8 @9-16%; 150 180 (The prices quoted are paid for stock | ‘2@78%. = gathered in the country. while for deliv- {ommereial Pa ot ams Dames, 1%. eries in Indianapolis the prices are 1 cent | 50 and 180 days, 1%%. er higher. Each full case of eggs must weigh y 1%%.

55 pounds gro Rediscount rate at New York. oo gs—No. 1 Silly fresh, loss off, 15c envy breed hens, 5 lbs. and cver, 13c. INDIANA LAW SCHOOL tof Indianapolis) Established

Leghorn jens, 9c. Heavy breed broilers, 1937 stock, 2 lbs. and over, 19¢c. Leghorn 1894 DAY AND EVENING DIVISIONS r call Registrar RI1-2890

broilers. 1937 stock, 2 lbs. and over, 17c. Bareback broilers. 1937 stock. 2 lbs. and Write o 803-324 State Lite B lg. INDIANAPOLIS Complying hm rules of the Supreme

gver 14c. Cocks, Tc. Geese, full-feathered Court and the American Bar Assn,

I; +!

Crown Zeller . Crucible St .... 63

Bt bt fh ft fh fh ft ft fk (2) - TINE TIT 1 Cad Cad be bt DOO C . BOO UNO LITO A a I

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—Hogs—Market, 5c 2a 250 Ibs. 5 200-225 1bs., 275- 300 5

9.65: “140- 150 1bs., 120-130 lbs., $8.80; stags, $8. ‘Calves, $9. 50.

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, $9.05; : roughs, $9: Lambs, $11.50. LAFAYETTE, Ma 10 to 25¢ higher; 235-275 Ibs.,

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SAFE DEPOSIT BOXES

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Security Trust Co. 130 E. Washington

44 27V4 29 14% aN ie Nash-Kelv 197s Nat Acme 191%

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PRICE INDEX AND COMMODITY QUOTATIONS

DAILY PRICE INDEX

NEW YORK, May 12.~Dun & Bradstreet’s daily weighted price index of 30 basic commodities, compiled for the United Press (1930- 1932 average 100): Today—146.65 Yesterday .........146.63 Year ago Week ago .........150. 181937 high (April 5)..158.26 Month ago .153.91/ 1937 low (Jan. 29). 141.47

Following are the prices used in compiling the index: Week Year Ago Ago $1.3414 $ .953%% 1.401% 647% 1.191% 583% 553% 29% 7.850 5.875 1142 1047 09 0614 0345 0372 1005 0035 1005 .0935 +0595 «0540

3 28

BLLPEEE] LLL +

Wes Oil pf .... West Pac pf .. West Union .... West A Bke . Westing El .. Nostvace 5% pt 31% Wheel Steel 48%,

11 BE 55 Cc 60 a Se Stl 4%s 60 ..... . 104%, Bush Ter 5s 55 «ss 60 Can je A 5i. .1125 c de . Can El 3% 9 HAD

Tear Ago $ .1125 A114 34 1163 1.63% | «15 7-16 | 09% Wrigley

0460 0490 Yale & T - 47 Yellow row : oung 44% Young Sheet .. 13.25

18.84 3.65 2.35 50.00 38.00 .092 1.18 lard, steel Zine. ConAll others.

nd fat. 5c. Ducks. full- feathered and fat,

5 he: and over. 6c. Butter—Creamery, No. 13 5@36¢c; No. 2, 1, 30c; No. 2, 28c.

3212 @33c. Butterfat—No.

Orders Executed in Futures in all Commodity Markets

PRIVATE WIRES

W. L. LYONS & GO.

Estab. 1878

Commodity— Lambs, avg. most sales (Ih.)... Hides, native heavy steers (Ih.). Wool, fine unwashed comb. (b.). Cotton, Mid-Upland (Ib.) Silk, 13-15 deniers Jap (1b.).... Rubber, spt. smk. rib (1b.)..... Copper, electrolytic (Jb.)... Lead, spot (Ib.)........... cssees Zinc, spot (Ib.)........... Tin Straits, spot (ib.) Silver, comml. bars (o0z.)....... 43 Steel, scrap, Chi. (ton). ...... ‘ At Pig Iron, Iron Age Comp. (ton). 1 23.25 Coke, Connelsville (ton) 4.60 Cement. Dom. Portland (bbl.). 2.25 Yellow Pine, 6-in. base (m. ft.) 60.00 Douglas Fir, rough (m. ft.) 52.50 Gasoline, tank wagon (gau).... 090 Crude Oil, 40 gravity (bbl.).... 1.27 1.27 Source of Quotes—Chicago: Grains, livestock, scrap and hides. Boston: Wool. East St. Louis: nelsville: Coke. Tulsa: Crude oil. New York:

Today $ .1240 16% 43 .1331 1.85 .21 7-18 14 060214 066214 5434

Wn $ .1200 d6's 45 1365 1.85% 21% .14 060214 066212 557% 45% 18.45 23.25 4.60 2.25 60.00 52.50 090

Chic / Chi. East Ill "= 51. Chi In Lou gn 6s 68 CM StP gen 45 8__ ChMC:iP&P 8&3 2 ChMStP&P 2000 Chi N W 433 49. Chi R11 4:5 60 ....... i BR I ref 4s 34 ct... a Sta 3%s 83... 108

LANDERS & LANDERS INSURANCE

Jackson K. Landers Mgr.

Careful Personal Attention Given to the Business of Our Brokers, Agents and Their Clients. 814 Merchants Bldg. L1-2408. AUTOMATICALLY (YPEDC

BEMIS ADDRESSING & MALLING LETTER omc SERVICE

315 Merchants Bank Bldg.

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0 23% 22Y, 393s - 383% 87% 85

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Commodity— Wheat, No. 2 red (bu.)........ than Corn, No. 2 yellow (bu.)........ 1.28 : Rye, No. 2 (bu.) 1.1534 Oats, No. 2 white (bu.). 51 { Flour, spg. pat (196-1h. sack)... 7.550 Lard, prime steam spt. (lb.).... 1155 Coffee. Riv 7s°spt. (Ib.) 0914 Sugar, raw,96 test (lb.)........ 0345 Butter, 92 score (Ib.) ...,..... .1020 Hogs, avg. most sales (1b.)...... 1010 Steers, avg. most sales (1b.).ee0 «0595

Zenith Rad 35Y4 35% Zonite 6'2 8% FAILURES DROP AGAIN NEW YORK, May 12.—Business failures in the United States in the week ended May 6 declined to 177 from 183 a week earlier, Dun & Bradstreet, Inc., reported 1ioday. One year ago failures were 171, ¥

TYPEWRITTEN LETTER:

MEMBERS:

New York Stock Exchange, New York Curb, Chicaro Stock Exchange, Chicago Board of Trade.

40 N. Penn. St. LI-6563 Russell McDermott, Mgr.

GPP

641 s 61onres 10172 censestey fay. | 03%] 0 Oil 34s sivees 1a Eons Edis Bas JEL : n S s ee Gon’ GNY Sas SL.0000100%

RULED FORMS UP TO 14° X 20" TWO NOTAR«!

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