Indianapolis Times, Indianapolis, Marion County, 26 June 1937 — Page 11

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SATURDAY, JUNE 26,

1937

THE INDIANAPOLIS TIMES

TRACT SSS AVENE

video lnm

PAGE 11

= COMPLETE N. Y. EXCHANGE

STOCKS w

The Times .'inancial and Market Page

COMPLETE LOCAL

w LIVESTOCK

RAILROA FALLS TO IN INDOLE

Steel Shares Welter) After Brief

Recovery.

By United Press NEW YORK, June 26.— Railroad shares led the stock market lower in dull trading today. The railroad average sank into new low ground for the year. Losses ranged to 57% points in Union

Pacific. New York Central declined to 35% off 13.; Northern Pacific 263% off 17s; Chicago Great Western i off 13s; Pennsylvania 35% off 3;; Alleghany Corporation preferred le warrants 36 off 1% and Alleghany preferred with $40 warrants 34 off 33%, all new lows. Other rails were down 1 to 2 points, including Atchison, Atlantic Coast Line, Chesapeake & Ohio, Great Northern, Louisville & Nashville, and Southern Pacific. Steels weakened after a brief recovery following an irregular opening. Steel common ranged between 98! and 9612, the latter off 13 points. Smaller losses were noted in Youngstown Sheet & Tube, Bethlehem and Republic.

DOW-JONES STOCK AVERAGES

30 INDUSTRIALS Today sccsicvsircees Cees 168.45 Yesterday ....... 169.59 Week ago sesnesees 168.60 Month ago—Closed. Year ago : High, 1937, 194.40; low, 165.51. High, 1936, 184.90; low, 143.11. 20 RAILROADS ; 51.06 52.37 . 53.38

—1.14 —0.49 -—0.19

—0.45

Today Yesterday .... Week ago Month ago—Closed. Year ago ; High, 1937, High, 1936,

64.46; low, 52.37. 59.89; low, 40.66. 20 UTILITIES

teessesrasennans senna 26.06 . 26.29

Today Yesterday .......... Week ago Month ago—Closed. Year ago High, 1937, 37.54; low, 25.98. High, 1936, 36.08; low, 28.63.

70 STOCKS

vesvravsssvevces 58.3% Yesterday «..covovsvseseeess+ 539.06 Week ago .......... senesesee 39.19 Month ago—Closed. Xear ago ........:..00s nen 51.2 High, 1937, 69.67; low, 58.48. High, 1936, 66.38; low, 51.20. # # 8

TRADING IN WEEK LOWEST IN 2 YEARS

NEW YORK, June 26.—Trading on the New York Stock Exchange fell off to around the lightest levels in two years during the past week as prices made an irregular decline. Uncertainty over the steel strike situation was a dominant factor. Failure of the Mediation Board to get both sides togethr was regarded as unfavorable late in the week. Before that the market had several periods of rally but none with accompaniment of activity hose who wished to Y buy stock were unwilling to risk commitments at this time, and the shorts were equally reticent about risking a favorable development in the steel troubles. Thus the market practically was deadlocked so far as business was concerned. In not a single five-

Today

mate a million shares and on Thursday fre. total turnover was below a half mil-

Bonds followed the action of stocks but commodities had several ' periods of strength and closed the week higher. Business advanced on the averaze although steel operations hit a new low for the year and electricity output dipped from the previous week. The latter Pin was more than 11 per cent above the corresponding period of 1936 and for the first half will break all records. Automobile makers were not troubled with strikes this week and production gained sharply. Other gains noted were in gdvertising, construction (this made a new 6-year high), cement output car loadings, lumber production and trade. The latter was not as favorable as recently, being impeded by strike shutdowns which curtailed buying power. The European situation had in it several items that were considered unfavorable. The lum Cabinet resigned over the financial troubles. Italy and Germany withdrew from the Spanish Patrol and sent ships to the Mediterranean. The British on Friday moved to increase their equalization fund by a billion dollars to offset vast amounts of so-called hot money that has come there to seek safe refuge. These funds could theoretically be withdrawn on short notice and the British seek to have an offsetting Supply of money or gold in event they ar On the favorable side Bere many excellent earnings reports and higher earnings. Wall Street gencrally ignored the good news and paid attention only to labor news. That accounted for a break in railroad issues in the face of favorable earnings and a contraseasonal rise in car loadings.

FOREIGN EXCHANGE Close! Cable Chins

England (pound). . Sates —.00Ys Ens. (60-d bill rte) 4. a —.00%s Saanan (dollar) . 9 55-64 00 1-32 France {iran 4.0000 9-16 - fraly (lr 0) oi ; —.0000%2 Belgium (belga Ceries yee Gennany (mark) +.0000%, Grmny (trvl mrk) .0001 Switzerlnd (franc) Holland (guilder). Spain (peseta) Sweden (krona) Norway (krone) . Denmark (eros) Australia Jpoun (sh pound) (ko.) k

2205

Finland Greece (drachma) Jugoslavia (dinar) New Zealand 1b.). 3 Poland (zloty) ... Portugal (escudo). Rumania (leu) .. Argntina (of peso) Argntna (unof pe) Brazil (off rey Brazil (unof mlirs) Chile (peso) Peru fon Uruguay Mexico’ (ss Hongkong Shanghai India (rupee) Japan (yen)

NEW BOND ISSUES

fey W. L. Lyons & 2 04 6

RL +.0000%

Asked Assd Tel 4s 66 ... 105 Atl a $s 64 . B & O 4%s 39 ‘ BF Avery Sons ‘5s $18 Cali Oro Pwp 4s 66 Celotex 4's 4 Cent Maine Pwr 4s 60 Cent Maine PW; 312s 66

997 93

Fla Power 5s 66 4 oustoavt FN 32s 86 2 ndpls Water 3%2s Kansas 1 4s 65 ..... 108 Koppers Co 4s 51 Los Angeles Rev 314s kid Louisville G & E 32s .66 Metro Ed 4s 65

95 100; 99

101%

y 3s TM NYState Elec Gas 4s 65 Northern State P 32s 67 .... Okla G &

s 4 Okla Gas & E Inc 3%s 66

D INDEX NEW LOW NT TRADE

New York Bonds

By United Press 20 Inds. ceees.]90.9 91.1 91.0 91.8 90.8 87.6

20 Rails 91.5x 91.9 93.0 94.6 92.6 80.7 101.2 91.9 100.4 84.7 86.4 71.0

20 Util. 99.6 99.6 100.8 101.5 105.5 . 99.2 106.0 99.6 106.2 103.5 103.6 89.3

60 Bonds 94.0x 94.2 95.0 96.0 96.3 89.2 100.7 94.2 100.2 93.3 93.1 83.0

Today .. Yesterday Week ago .... Month ago ... Year ago Two years ago 1937 1937 1936 1936 1935

1935 xNew lows.

(Copyright, 1937, Standard TEN MOST

Statistics Co.)

ACTIVE BONDS

Net Close. Change. Grt Nor 4s G 16 .. 1204 -_2 N XY Cent 3%s ’52 ...i.... Flor E Coast 3s ’if........ Phelps Dodge 3'2s 52 Pure Oil 4%s '50 WW Chi M St P & P 3s 2000.. Mo Pac 5s ’% Penn R R 3%s ’52 Alleghany 5s ’50 St Grt Nor is H ’16

% 3 A —134

109% — %

Bond transactions approximated $4,620,000 compared with $3,020,000 last Saturday.

U. S. GOVERNMENT BONDS Treasury Bonds

100.10

Asked. Yield. September 3%: 1937.....100.22 0.24 ... February 2 1938 . 10 March, 3 1938....

ee vye 10 September 13 1539 Loo. Dece pbey 1% 1939 March J 940

March 13; 1 LAND BANK BONDS

Bid, Aged, ss 3s July 1955-45 07s 3s Jan. 1956-46

4%s ev 1957-37 sate 43s Nov. 1958-38 .... 1032 Federal Farm Mortgage Bonds Yas 1964-44 102.24 102.24 102.24 Home Owners Loan Bonds 2Yss 1944-42 99.27 99.25 3s 52-44 reg 101.23 101.23 DOMESTIC BONDS

Abitibi 5s 53 Alleg Corp Ss. Allg Cor

95% 91

98 76Ys 13%

tt fh fd fh fh nd fd fh nd fh Bnd

Mo Pacif cv 5%s 49 ... 1 Mo Pacific 5s F 7 Morris & Es 5s Nat

1 a ns IR R Port G E 45s 50. Postal T & C 5s 53 .... Radio KO 6s 41 Reading 4'2s A 97 nD Stl C 42s 50 Seab Air Lin 6s 45 .... 15 Shell Un O 3% 51 Soc _Vac 3'%s 56 .. So Pacific 4%s 81 . So Pacific 42s 68 . So Pacific col 4s 49 Soy Rwy 62s 56 .

55 60 . Wheel Stl 4's 66 ..... Young S & T 4s 1 . Yng S & T 3%s 51 ....

FOREIGN BONDS Argent 45s 1

| ECR, | 07% Canada 3%s 61 eecenees 9936 Chile 6s 60 3 865, 98Y; 98% 19% 19% o 193%

U. S. GOLD INFLOW GAINS WASHINGTON, June 26.—The Commerce Department reported today that the gold inflow for the week ended June 18 was the largest since last October 9. The heavy influx of gold in the week ended June 18 reflected the excitement on the London Gold

By United Press

Air Reduc

Stl Fdies.. S ‘i

M Armr Del pt Arm Ill Armstrong Ck.. Asso D G Atchison

al 1 Ref Has Corp .... Atlas Corp Df. Atlas Pdr a Avbarn Auto .. Avn Corp

Barker Bros ... Barnsdall Bayuk Cig Bendix Avn

3org Warner .. Bdgept Brass .. Briggs Mfg ...

Bucyrus Sele = Budd M

Bullard Boeing ar 4s. Bulova Es A .. Butte Cop ..... Byers A M Byron Jackson.

Cal Packing Call Zinc

Cannan Mills...’

| Caterpillar T...

Celanese Cent Aguirre ... Carpenter Stl .. Cent Foundry .. Cent RR NJ

Cer de Pasco a

Cities Serv . City Stores .

Coleate P- P.... Col & A . Colum Gas ....

Cluett Peib rts. Com Credit .

Com In

Commonw & So.

Cons Laundries. Cons Oil

Container

Crane cv pf. H

er ok Crown Zeller Cudahy Curtis Pub Curtiss-Wr Curt-Wr A

Dixie-Vortex Doehler D Cast Douglas Air ... Dresser A Dunhill Du Pont

East R Mill ... East Kodak Mf

Eureka Vac

Fair Morse ....

Flintkote C

Follsanbee Foster Wheel . Francisco Sug . Freept Sulphur.

Gabriel A hg Gair Robert

Ind Ray .. Inland Be: .e InSp Cop c...tls Inter Rub ,

BDO = 05 LO CI

oun

DN =NNON-IRODI

S357 8

one T Firestone Bt A 103% co. 28Y

fn High. . 67Y

3 Sneit 1 pf 145

od 40 108% 03%

C Line .... 2

Cent Viol Sug... 1 65 ‘13Y

6012 . 52 Ya 2%

: 11% Col Carbon ....117

9-16

r ComInTr cv pf. 107, 3

Con Rr Cu pf . 295%

eras co of "116 Wt .. .. 29 & S.. 2

ag 21 Dist i pf ww 2

10Ya

17234

. 30%

'8 47

. 17%

52%

. 47%

ETA

3134

Florence st ev 181 5Y . 39Y

8%, 27% = 13% 11%

4, Ss

23 1% . 6%

Low. Close. ase

106 211; 6Ys 17% 53

43%

—

66 2% 3 ia

33, 17

Tet: Here

FULLER ERE ERR +e tebag:

Ivey

PHL

LEE:

FEEL Tes

J Lite] JELLIES

pri

SIEIRNENER

CLE “pb PYG

. . .

'N Y Cent ...

Continental Casualty

16 MOST ACTIVE STOCKS Net High. Low. Close. Change. .» 363% 35% ~- 13% vevens T1358 199% 981: 96% North Pacific . 28% 26% Grt North Pr . 48% 473% Geu Motors . 50% 49% Radio Corp Amr 8% 8 Socony Vac . 19% 19% Can Pacific 123% 12% Rep Steel BK 34U South Rwy . 28% 27 Int T&T 103% 10% Ches & Ohio... 52% 52 Par Pict 18% 17% Int Paper Pr...100 99% Balt & Ohio ... 26% 25%

Stock sales approximated 290,000 shares, against 220,000 last Satur-

day. Curb stock sales totaled 74,000 shares, against 62,000 a week ago.

Pure Oil

Je RRERRFRRR

21% 10% 52 17% 99% 26

[oy FRE

Net High. Low. Close. change. 3 1 1 Ya ie 16% °16Y4 16 26% i 28% 14 14 14

Jewel Tea ....

Kan C Sou .... Kaufman DS .. Kelsey-Hayes A Kelsey-Hayes 3 10 Kennecott .... 57% Keystone Stl ... 15 Kresge SS .... Kroger G&B ...

I+

Lerner Strs .... Libby Mc&L ... L-O-F Glass

IDRIOD hI BDI = 2 0.

FEEL:

2 8 3

2 1 3 1 4] 4 1

Lou & Nash .. Ludlum Stl ... Va 3% Ya

Ys 1 A

McCall Corp ... 1, 25% McGraw H .... 173 1734 McKeesport .... 33% 33Y M

cKess & R ..

11%

INDIANA LIMESTONE SALES GAIN IN 1936

Times Special BEDFORD—Indiana limestone industry made a marked revival in 1936 from the position it slumped to during the depression, the U. S. Bureau of Mines reported in a production and sales review. Stone construction sales increased 75 per cent in 1936 over the previous year. The district surrounding Bloomington and Bedford furnish 85 per cent of the total building limestone produced in the United States. : Aside from the high-grade stone quarried chiefly for construction, 246,000 short tons of byproduct were used for road construction purposes.

- LOCAL ISSUES

The following quotations do not represent actual bids or offerings. but merely indicate the approximate market level as furnished bv the brokers named. (By Indianapolis Bond & Share Corp.) BONDS

Bid Sug Jug Ind i (TH) 4Y%s gl- . -100

s 6 Indpls Railway Ins 5s 67.. Indpls Water Co if s 66...

= wo

Noblesville H L Ohio Tel Serv 6s 47 Richmond

S Oe) n

WN DWDHW

q Trac Term Co 5s 57 STOCKS xBelt Railroad & St Xs cum.. 57 xBelt Railroad & SY Cent Ind Foyer of Ts XxHook Drug Inc 17% xInd & Mich Elec Co pfd 7s. ..107 Ind Gas Co cum 3} xInd Gan Soy Co £5::

Po fh fn oh od fh fu ot pd fd Bd (th Pet Pd © oa Ldd

& Lt E9 Bid 8% O12 s s Water Co pfd 5s ..... 103 . nd Pub Serv pf Ts r N Ind Pub Serv Co pfd “6s. . N Ind Pub Serv pfd b%s.. > R Mallory Co com (npw) Progress Lawndry C

Terre Haute Elec CO BS ereesnn

. 10%

(By M. P. Crist & Co.) Market St. Investing Corp... 32.72

INVESTING CO.’S

(By N. Y. Security Dealers Association) Bid Asked 72/Hu Cp... .50 83 Inc Inv.. 23.85 Inv Fd C 1 5Md Fd... | 26. 1

1.66 1.93

BANK STOCKS

(By Blyth & Co., Inc.) Bid sBankers Trust .............. 64% *Central Hanover 0

Apne esevase 1B anufacturers Trust ........ 51% National City 4215 ontinenta Natl Chicago. *First National Bk Bost Sop. . 48Y4 *National Shawmut Boston National City Cleveland FIRE INSURANCE *Aetna Five .......... Venn City of New York . Federal Franklin cecssssncses Great American wesersesnnieee *Hanov Hartford seese conser ome =... *National Pires. .eoceeervvnvess North Fiver Phesnis Say

“eran Ses0cscsssnsans “000s scectssnns

testes esssesnsnen

Us on Ve CASUALTY: COMPANIES 262

Mass. Bonding & To y 50s *Ex-Dividend. surance. - 80%

FOOD PRICES

June 26.—Apples—Willow G2 50@2. Sweet > Statags—Tennessee Nancy Halls,

283% 62%

CHICA Twigs,

1 G... Oliver FF Eq rts

Pac Am Fish.. Pac G

FINAL NEW YORK STOCKS

Ne t Low. Close. change. 4

ov T% 19 10 23%

90 3% - ees Paes 17%

& El..:& 29%

Pacific Ltg ... Pacific Mills .

Penn Penn R

Pathe Film . Patino Mines

6 a oo cts 241% RR 36

bere M r pf .. 73 ge MID 17

phil Morris -... Phillips Pet .... Pierce O. pf

Pillsbury

Press

19 Stl proud pf. 18 eo 15

Pub Serv

Pub Ser 5 PS El &

aid 130% 5414

Quaker St Oil .

Radio

Kor ih 32

Republic Stl ... 3

Reyn Reyn Reyn

Met Spring ... Tob B

Rutland pf . a

Safeway St Jos Lead ... §

p Senna, Dist .

Seab Seab

Seab’d oi

shell”

terl te

Skelly o WW. mith A O mith-Cor-T cts Socony-Vacuum 0 Am . o Por Li Sug... outh

W= tone i Studebaker -... Superhtr

LL A of...

v3 Un du: .o mons

= C0 CO UV

Gold .

Pac

BNC

Prod war ..... 17 & Web 13

Superleather

Symirng-Gld Syming-Gld xw

Transamerica .. Traux Tra ....

20th Twin

Union Union Carb .... 98%

Un Un

Un Tan

10% 1134 58% 63% 34% 103s 8 2 1 95 20% 127% 10%2 33 17% 173% —— 74% 74%

98 233% 4 1,

1 1 3 7

Cent-Fox . Coach Co

B&P.. 231 124

Un Air

A oitnes Saisie

Un Carr Fast. United Corp ... 9

mp.. 11% 113% +1033 103%

Vanadium Van Raalte .... Va-Caro Ch ...

Warner Bros ... Warn-Quin Warren Br

West

Yellow Tr

Young

Young Sheet .

Zenith Rad ....

Wayne

Pump .. Auto Sup .

Wheel Steel ... 50% White Mot . White Rock ... White Sew M .. Wilson Wilson pf ...... 7 Woolworth ..... 45 Wrigley

& Co ..

23% 23Y% 36Y4

36% . 802 80 an 33

S&W.

cena

11+: +1 elie {51d

. .

File:

® EWN Ne

cr CORI pt a -~

Ne ae Ga aa eb ab

Ya Ys

az 7

78 Ya Ya

(4111:

HHL:

1134 103% 10

CHICAGO PRODUCE

CHICAGO, June 26.—Eggs—Market, firm; receipts, 15,894 cases; en graded firsts,

3 as; 7 packed firsts, Butter—Market,

tubs;

extra (92 score), 30c; firsts,

onds,

30%@3l1c;

centr

Poultry—Market, trucks;

hens, hens,

roosters, backs),

slow; ton

M Cobbler

extra firsts,

dirties, 18c; checks

steady; extra firsts (90-91% 'score), 23@25¢; standards, centralized alized (88 score), M steady: @12%c; broilers, 16@ turke

ducks, 9 13@17%c: 10@12%c; 12@13c; 17@21c¢; dsc Ya a s—Supplies moderate; market weak Russet Burbanks Rose, $1.55@ 70; ; Virginia 30 bblers, $1 25; $1. U,- 8.

receipts,

20c; Surrens receipts, cs 21c; storage packed extras,

storage

19.827

29@329V4c:

i score),

No.

27@28Ysc: sec29%c;

specials, 28%c:

receipts, 11 geese, 13@17%c: 19¢: eys, 3@15c; fryers (including barespring Shickens,

18@24c.

jyRaist ies, 16%.@

Gemand

i id: Caio Cobblers, ~ North

.M & ¥ (900-1100) Good

HOGS ADVANCE 5 T0 15 CENTS IN TRADE HERE

Shippers’ Demands Raise Prices on All Weights, Sheep Steady.

Stimulated by the demands of shippers, the hog market advanced 5 cents on weights above 160 pounds, while prices were boosted 15 cents on light weights and pigs, according to the Bureau of Agricul-

partment of Agriculture today. Today’s gain put the top gener-

ally at $12.10 for good to choice 210- | 225-1b. offerings.

Packing sows held steady, bulking at $9.85 to $10.50 with a $10.75 top on lightweights. The cattle market was irregular. Fed steers, yearlings and heifers closed 25 to 50 cents higher, but grass steers and heifers sold 25 to 50 cents lower. Fed cows, stockers and feeders finished steady to 25 cents higher. Bulls and vealers jumped $1. The week's top stood at $14.25 for steers, $12.85 for ‘heifers and $11 on vealers. Spring lambs sold steady to strong with an extreme top of $11.75. Slaughter ewes were steady at $3.50 down.

310

Light Lights— (140-160) Good and u

e Lightweights— (160-180) ag and

d (180-200) Mediu and

Medium Weig (200-220) a and 390- 250) Good and Heavyweights— (250-290) Good and {330- 380) Hood and Packing (275- 850) Good : (350-438 Good ...on.0. (425-450) Good (275-500) Medium Blansnier Pigs (100-140) Good 2nd choice.

choice. $18. [email protected] [email protected]

choice. $11: [email protected] [email protected] [email protected] [email protected]

“choice. .

choice. choice. .

— 8 " pt o

) —— mE EB NRO = Uo Oo

choice. choice.

veessesecse

aS Shoo ao uo 2)

=O own wa wo 3

—Receipts, 75— (550-900) Choice Good .

209

S08 I led

C (1100-1300) s G

LW DWM OW TO DITO TNO ONIN cuooocuoouIUILr Pt iP CO CO pt i 00 14 C0 vi

(500-750) Gi

Com Good" nd choice. . ommon, medium.

Cows

(750-300)

38838a 0329 th el et pd pt

um I cutter and cutter Bulls, good Cutter, com.

Vealers —Receipts, 25— Sood. 2nd choice

cuit and common Calves

Steers— . (250-500) Good and choice..$ 8. Common, medium

Feeder and Stocker Cattle

(500-800) Sood and choice. . Common, medium. (800-1050) Good and choice. . Common, medium Helfers— Good and choice Common and medium

SHEEP AND LAMES —Receipts, 25— Spine. Lambs. pie

190- 1s “Good and choice.. Common, medium.

By United Press

CHICAGO, June 26.—Hogs—Receipts, 4000 including 3500 directs. Market nominally steady or Sie 2.10 for top hogs; few fresh hogs o att eon” "1500; calves, 1000. Steady. Grain fed medium weight and heavy fed steers, 50 to 75 cents higher; all fed yearlings and light steers, 50 cents higher; grass steers, 25 cents lower on killer account; Texas bred calves and yearlings selling '$9 to $10; grainfed heifers scarce, 25 to 40 cents higher; bulls in wide Gemand strong. Vealers strong; extreme op heavy steers, $15.65: long yearjings, $14.85; light yearlings steers, $14.50; er yearlings, $13.80; steers to killers, $8.25 to $10; mostly Kansas, $10. Bn average price all Killing steers. $12.5 highest in 7 years Sheep—Receipts, * 3000. Steady. Spring lambs strong to 25 cents higher; yearlings and sheep steady to strong; > 133 :50;

-47 head out per

Idaho a Fite ‘slaughter ewes, $2.50

$8.50 $9.25; $4.50.

June 26. cents higher. 235-275 lbs., [email protected]; 160- 3 1bs. [email protected]} Ibs. $10. 25@10. 50; 100-130 1b., $9.50@10; roughs,

$10.25 dow Calves, "slo down. $10.50 down.

LAFAYETTE, Ti i athe t

Lambs,

WAYNE, Ind. June 26.

FT. —Hogs—M ket, steady; 235-2 50 1bs.,

bs., $ $11. 60; "150- 160 lbs., 3 sto. 90; 130-140 lbs, $10. 40° 120-130 $10.15; 100-120 1bs., $9.90; roughs, $2 35! } slags, $8.50. Calves— $10. Lambs—$10

COMMODITY PRICES

(By Abbott, Proctor & Paine) COTTON NEW YORK High. Low. Close. snsisecneass 13.28 12.20 12.26

Shot, 12.76 +2. . NEW ORLEANS High.

July csecessscsess.12.23 Oct -12 23

12.42 12; 42 NEW YORK ‘COTTONSEED OIL Prev. High. Low. Close. Close. Jept . ssesssssessss 9.26 920 9.20 9.19 UY ceeceescnseees 9.24 9.12 9.13 9.27 Oct. secesscesees.. 9.29 9.19 9.19 9.26 BUTTER Prev. Close. Close.

November esses 30% 303%

Prev. Close. Close. 43

October Ya

U. S. STATEMENT

By United Press WASHINGTON, June 26.—Governtaent gipeises and reecipts for the current fiscal year through June 24, compared with a year a

s Yea L $17, 986. 550, 331. 80 $8,74 5,213,031,412.80 4.08 318,809.00 4 a 8:

@%essssessasssssssans

ast Year ),334,887.89 ,490,953.84 1893,934.05 63,069.68 ,684,077 416. 5 t. 4,109, 820, 883 Gold Res. 12 271, 1519, 10 1599.8 45.721. Hi Customs... 47 664, 01s. st 103,155.92 ays 8s Pure, otal Purc Inact. Gold. .$1,3 66,857.7 14 $1,060.56, 200. 14

Expenses . Recei is. ie

tural Economics, United States De- |

MARKETS AT A GLANCE

Stocks lower and dull; weak. Bonds lower. Curbs stocks irregularly lower. Chicago stocks irregularly lower. ¢ Foreign exchange irregular; French franc strengthens. Cotton futures slightly easy. Grains futures easy. Silver in London 197% pence a fine ounce, up 1-16.

Chicago Stocks

By United Press

Abbott Lab ... Ydvarice Alum Am Pub Serv pf Armour & Co .

rails

lower; Governments

High. Low. Close. ‘es 45 45 45

5 73% 642

Dodge M Denver ..... Heileman Brew

Joslyn Mtg © Supply . Katz Drug Kellogg Sw Bd Ken-Rad Tube Ky Util cu pf Leath pf Lion Oil Ref . Loudon Pack .... Marshall Field Merch & Mig A Mid West Corp Mid West pf ww, Midland United N Un Radio

Wa Walgresn C0 .vons Wisc BK Chrs «coos. Zenith Radio ....... oe 33

Curb Stocks

6112 213; 334 30% 31% 17s 13% 2.

Aero Sup B ... 3% 3 Ala Pow 6 pf . 612 Am 1 2034 Am 3% Am 30Va Am 31, Am 17s 134 26

43,

Maracaibo . Am -Super 6 pf. Centrith Cp: eave Ark NG A

Austin Sil Mne Barium Stl .... Brown Co pf.. Cartier Corp .. Centrif P Cities Serv a Oatley Serv of. Col & GN

Con Cs Sa Cord Corp .. -. Creole Pet Cusi Mexic

.Det Gry Ir Fdy

Li Picker L B&Sh .e

11: b+

Oo 5 Tl Towa P&LE bi 2434 Imp O Can 2014 Lion O 31% Lockheed Air .. 124 Mich Bamper 2 Molybdenum ... 834 Nat Rub M. vee 33 1114

84 62s PS Ind $7 p pf. 42% Petro 612

ad + ENR AAS ORS RAS

—

Root Rustless I % ‘Stl 171% Segal Lo New

LD Wop SA

FEE CTIA T Th id

gy ee Toa o>

Wright Haa

LOCAL PRODUCE

(The prices quoted are paid tor stock gathered in the country while for deliveries in pranepol the prices are 1 cent higher. Each full case of eggs mush weigh 85 pounds gross. dos Eggs—No 1

Sorictly fresh. loss off, 15¢ + Heavy breed hens, 5 Ibs. and over, 13c; eghorn hens, 9c. Heavy breed broilers, o5 stock, 2° ‘Ibs. and over. 15c. Leghorn broilers, 1937 stock, 2 lbs. and over, 13c. Bareback broilers, 1937 stock. 2 Ibs. and over, 12¢. Old i 2 feathered and fat. 5 Geese. full feathered Ay tat. 9 0 1h 1bs..

C. Buttér—Creamery, No. 1, 331.2 34c;

PROFIT-TAKING DROPS WHEAT IN CHICAGO PIT

Weakness in Minneapolis Induced Stop-Loss Selling.

By United Press CHICAGO, June 26.—Wheat fue tures were under continual pressure from profit-taking on the Chicago Board of Trade today and prices dipped despite attempts by local longs to reinstate lines. Further weight hit the market

when weakness in Minneapolis started stop-loss selling and some

, | realizing sales here.

At the close wheat was 3% to 7 cent lower. July $1.153;; new corn was 7s cent lower to 12 cent higher. July $1232; old corn was % cent higher, July $1.23, and oats were la to 7; cent higher, July 425% cents. Hedging operations were in evie dence from the start when the market was uneven and ran into selling. Strong cables failed to check the decline and weakness in Winnipeg was a depressing factor. Liverpool closed firmed in response to the strength in Winnipeg yestercay. A weekly forecast for probable showers in sections of the Canadian West brought out profit-taking at Winnipeg. Prices staged a rally shortly after the opening. Corn followed an. uneven trend most of the session as the Deceme ber Sonirgct continued to be backe ward.

CHICAGO GRAIN

RANGE Prev, High close $1.1614 1.16% 1.19%

Wheat— July ..... Sent. ..... Dec! ...... 1.19% Corn— xJuly ... 1.233% xxJuly wate 7 Sept. A Dec «.... Oats—

JUIY ceecve Sept. ..... Dec

80%

An 80%:

cesses

1.30'2b 1 13%a 1.11%a

11.95b 12.25b Oct 30 12.15 12.30 (x) New. (xo ond. (a)Ask. (b)Bid. CASH VWheat—Ng. 1 hard, $1.34. 2 mixed, $1.24%2; No. 2 yellow, $1.25@ alent No, 5 vellow, a 17: sample grads, “si 2@ 1.14; No. mixed, $1 15. 1 wh te. 51%c: No. 2 white, 301 Vo 60d: No. 3 white, 49%c: sample grade, 45c. —No sales. Barley—Feed. 53c-67c: ny 75¢-97c. V ns—No sales. Seed and Over: Provisions—Lard . bi¢: ‘leaf, $11.75 nominal; nominal.

Corn—No.

" pelties $16. iH

LOCAL GRAIN

CASH ‘Wheat—Market hiya JFeceipts, one care load; No. 1 red, $1.1 2 red, $1.13; N 1 hard, si. 14; No. > ny $1. 15. Corn— Market firm: receipts. 14 carloads; No. White, NS122%a1.2s: No. white, 31; '[email protected]; No. 2 LE a Shar 163 2; No. yellow, ho 1.16; No. yellow. [email protected]; No. mixed. [email protected]; No. 3 mixed, isa 1.14; No. 4 axed, [email protected]. Oats—Market strong; receipts, 8 carloads; No. 2 Thite, 47%2@48%c; No. 3 white, 461%2@ 72C.

WAGON WHEAT

City grain elevators are paying $1.11 for No. 1 red wheat. other Froass on their merits. Cash corn Jey No. 2 yellow, $1.15 Oats, 40c. Hay—No. 1 timothy, CS15@15. 50,

LIVERPOOL WHEAT

sssssssece

No. 2, 31@31%c. Butterfat—No. 1, 29c; No. 2, 27c.

Clos i, $31 $1315 a 32% 1313; - 131%

129% 131% 131%

129%

sess issses

132%

Expenses.

Estate.

Com

How much LIFE INSURANCE?

The average Estate requires a high percentage of cash to pay Estate and Inheritance taxes, debts, and expenses

of Estate administration.

The prudent man, in consultation with his attorney, makes provision with Life Insurance to have funds available with which to pay these

To protect your Estate

Have You Enough Life Insyrance?

After consulting your Attorney and Insurance Broker, name The Indiana Trust Company as your Executor and

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cy California, crates, $3. 50@4. Norn “Caro ial Bliss ‘Eriumpts, 5@5! Arka B

&; nois, bushel, . Tomatoes—Texas, Triumph S, 3 lugs, $1.50 Caulifiower—California, Oklahoma Bliss Triumphs, 1: crates, $1.90 eas—California, Hampers, 40; Oklahoma Cobblers, 31.4 40; [email protected]. “Celery Miho an, flat crates, liss Triumphs, ad 8S. No. 2, 15¢ as. Onions (50-1b. gakksl=Dalifornia, Arrivals, 95; ‘ a - 294; - ship- | yellows, $1. ments,. 1231, 4 Hie :

Market during the preceding fortnight, resulting from unconfirmed rumors of an impending change in jhe United States’ gold price.

Pac Lighting 425 45 Safeway Stofes 4s ‘Sou Kraft 4%s 56 ... Huse Bell APE SL SC esses Wisc Sin Svs 4s 61 easenees 100%

IOMRAROLE ie CLEARING HOUSE

Clearings Ssssscseessensostenc end Debits

nt T&' . 10% Intst D 8 apse 3%