Indianapolis Times, Indianapolis, Marion County, 10 August 1937 — Page 15

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SOL Bo a a AA ven ——

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TUESDAY, AUG. 10, 1987

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THE INDIANAPOLIS TIMES

PAGE 15

COMPLETE N. Y. EXCHANGE

sv STOCKS 3

« The Times Financial and Market Page

COMPLETE LOCAL LIVESTOCK

STOCKS HIGHER IN IRREGULAR TREND ON QUIET MARKET

Slow Trading Rules In Curb and Bond Exchanges By United Press NEW YORK, Aug. 10.—

Stocks developed an irregularly higher trend in midses-

" ” 8

MARKETS AT A GLANCE

Stocks irregularly higher and quiet, Bonds steady; U. ment issues easy. Curb stocks irregularly lower. Chicago stocks irregularly lower. Call money 1 per cent. Foreign exchange irregular. Cotton futures easy. Grains higher in Chicago;

S. Govern-

sion dealings today after earlier irregularity. Trading | was slow. | Irregularly lower price mov ements |

developed in quiet curb stock trad- | ing today. Irregular trends prevailed in quiet | domestic bond trading today. U. S. | Government loans eased. Motors stocks led. Steels rebounded from early weakness and prices! in most other groups were up fractionally from the initial quotations. Chrysler spurted 1'¢ points to 11614 after opening unchanged and General Motors moved up to a frac- | tional gain. U. S. Steel rebounded | a point from its low to 119, where it was off 4, and most other steel leaders acted similarly. Metals were | mixed with Anaconda and Kenne- | cott showing small losses despite the | improved world copper market and | U. S. Smelting recording 1': point gain to 93. Oils improved under lead of Secony-Vacuum, which moved up actively to a new high at 221, up Ss. Rails were easier with Topeka & Santa Fe off a point to | 78%. Merchandising shares were firm and utilities were firmer.

FIRST HOUR

Stocks opened moderately active | and irregular. Steels were weak, | motors easier, metals mixed and | utilities, oils and merchandising shares about steady. U. S. Steel] opened at 118, off 114, Bethlehem at | 100%, off 1's; General Motors at 58, | § off 3%, and Chrysler at 115%, un- | changed. U. S. Smelting was up 2 to 92. The undertone then improv ed, | U. S. Steel recovered to 1185, |

Alum | Alum Co Am

| A |

| Am Super | Cities Service

| Ford Can

wheat up 23s to 2% cents a bushel. Rubber futures lower. Silver unchanged in New York at 443; cents a fine ounce.

Curb Stocks

By United Press

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| Lockheed Air | Niag H

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| Pantepec . | ExXudential In Atchison, | R

Seiberling R Singer Mfg

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Technicolor Wright Harg

Chicago Stocks

Lov Cope FI 523 a 43,

3% 3%

Borg Warner nt & SW Ut pf. Shao Corp... Corp Eirin Watch ..... Gen Hshld Ut ia Salle Exten Merch & Mig A Mid West Corp ... Nat Standara . Quaker Oats pf . win Intl

Bethelehem to 101, Chrysler to 1153 and U. S. Smelting to 93. Western | Union opened 1000 at 49, up 1% Socony-Vacuum was active around its previous high of 22! | Sales approximated 180,000 shares a i I Boe gt Ca t 250,000 in the first h res. | 1S , 3 ’ . agains BE lous ye | come $154,932 or $1.17 a share vs.

terday. Dow Jones Averages—In- | dustrial 186.82, up 0.0%; rail 53.19, off | $120,363 or 69 cents preceding year.

| profit $169,266 vs. $212,479 preceding 12 months.

0.09; utility 29.12, up 0.09. SECOND HOUR |

Activity improved in some sec- | tions. Automobile shares and issues | of related industries met demand. Chrysler advanced to more than a | point gain. Foster Wheeler rose 1's to 47, Clark Equipment 1': to 48 and Goodyear 1 point to 433%. Al- | lied Chemical was up 2 to 237. So- | cony-Vacuum was active, rising to a new high at 221, up 3s. Utili- | ties improved, Consolidated Edison | and Electric Power & Light both showing 3% -point gain. Steels were | steady. Rails were mixed, Atchison | holding a point lower at 783%. Na- | tional Supply sold at 40%, up 1 and Wayne Pump at 503%, up 1% Sales approximated 180,000 shares | against 140,000 in the second hour | yesterday. Dow-Jones averages— Industrial 186.89, up 0.14: rail 53.1%, off 0.11; utility 29.30, up 0.2%. n = a

Today's Business At a Glance

GENERAL BUSINESS

Advertising Age reports first seven months retail advertising in 79 major cities 598,470,299 lines vs. 567,681,058 year ago, up 5.4 per cent. Dun & Bradstreet, Inc. reports week ended Aug. 5 business failures declined to 156 from 158 in preced- | ing week and 145 year ago. Qil & Gas Journal, estimates domestic crude oil production for week ended Aug 7 at 3,668,609 bbls. daily, a new high, vs. 3,697,673 preceding week. CORPORATION REPORTS

Bond Stores July sales $1,038,842 vs. $917,188 year ago, up 13.2 per cent; seven months sales $10,674,126 vs. $8,961,412 year ago, up 19.1 per cent. Cincinnati & Surburban Bell Tel- | ephone Co. July 31 stations in op- | eration 173,624 vs. 173,036 in June] and 162,277 year ago. General Motors Corp. July sales 226,681 units vs. 204,693 year ago; seven months sales 1,324,051 units vs. 1,374,861 year ago Goodyear Tire & Rubber Co., sub- | sidiaries six months ended June 30 consolidated net profit $8,068,352 or $3.18 a share vs. $3,598,683 or 62 cents a share year ago. International Vitamin Corp., fiscal year ended June 30 net income $115,045 vs. $130,464 preceding year. Mid-Continent Petroleum Corp. and subsidiaries, net profit June quarter $1,860,735 or $1 a share vs. $1,233,025 or 66 cents a share preceding quarter and $1.471,609 or 80 cents year ago; six months net profit $3,003,761 or$1.66 a share vs. $2,414,268 or $1.30 year ago. Mohawk Carpet Mills Inc. six months ended June 30 net profit $1,321,127 or $2.40 a share vs. $180,139 or 33 cents year ago. Lane Bryant Inc, July sales $899,610 vs. $931,752 year ago, off 34 per cent; seven months sales $8442476 vs. $8,107,400 year ago, up 4.1 per cent. Mellville Shoe Corp., four weeks ended July 31 sales $1,822,242 vs. $1,799,543 year ago; 36 weeks sales $23,447,166 vs. $20,662,658 year ago. Superior Oil Corp., June quarter net profit $94,524 vs. $52,882 year ago; 12 months ended June 30 net

Rush Jobs Make Us Smile Hendren Printing

~~ Company, Inc 470 CENTURY BLDG. R1-8533

Artloom Corp., six months ended July 2, net profit $23,848 or 2 cents

| on common, vs. $14,167 year ago.

Brown Co., 24 weeks ended May 15, net profit $567,736, vs. net loss

| $757,691 year ago.

Chicago & Northwestern Rwy. Co. total loadings excluding ore for week ended Aug. 7, 27,824 vs. 27,412 preceding week and 29,584 year ago; | ore loadings 3968 vs. 2538 previous week and 2451 year ago. Consolidated Oil Corp., six months ended June 30, consolidated net pro-

| fit $9,434,917 or 66 cents a share vs.

$7,029,374, or 49 cents year ago. Fairchild Aviation Corp, six months ended June 30, net profit

[ $85,059 or 25 cents a share, vs. $21,- | 043 or

6 cents year ago; unfilled orders June 30, $1,341,410 vs. $,000,536 on Jan. 1, and $951,980 year ago. Neisner Bros. Inc. and subsidiaries six months ended June 30 net profit $259,968 or 89 cents vs. $320,526 year | ago, or $1.19 a common share. Roan Antelope Copper Mines | | Ltd. estimates fiscal year ended ! | June 30 profit 1,790,000 pounds Vs. 514,487 pounds preceding year. Soss Manufacturing Co. six months ended June 30 net income $197,652 or $1.01 a share vs. $90,802 or 47 cents year ago. Sparks Withington Co. and subsidiaries, year ended June 30 net profit $466,067 or 49 cents a share vs. $154,561 or 15 cents year ago.

Atchison Topeka & Santa Fe

| Rwy. Co., week ended August 7 own

lines loadings 24,278 vs. 25,019 previous week and 21,158 year ago. Baltimore & Ohio R. R. Co., week ended August 7 own lines loadings 33,729 vs. 34,290 previous week and 31,724 year ago. Chicago, Indianapolis & Louisville Rwy. Co. six months net loss $525,402 vs. $672,021 year ago. Colorado & Southern Rwy. Co. six months net loss $189,354 vs. net income $141,383 year ago. Falconbridge Nickel Mines Ltd.

| June quarter net profit $353,082 vs.

$334,248 preceding quarter and $370,584 year ago. General Fire Proofing Co. first seven months sales $6,600,000 up to 50 per cent over year ago. United Chemicals Inc, six months ended June 30 net profit $45,053 vs. net loss $11,667 year ago; June quarter net profit $23,803 vs. $21,250 preceding quarter and net loss $6005 year ago. Western Union Telegraph Co. Inc. six months ended Juns 30 net income $2,132233 or $2.04 vs. $3.055.144 or $2.92 year ago; 12 months June 30 net income $6,276209 or $6 vs. $6,413483 preceding 12 months, or $6.13 a share.

DIVIDENDS

Allen Industries Ine, regular quarterly 25 cents a common share payable Sept. 4 record Aug. 20. Bower Roller Bearing Co., $1 on common payable Sept. 25 record Sept. 1 vs. 25 cents on June 25 and March 25. Charles E. Hires & Co., $2 on class “B® common payable Sept. 1 record Aug. 16 vs. $1 on Oct. 16, 1936, last previous payment. (Copyright, 1937, by United Press)

H FILES

Filing Supplies, Guides and Folders

W. C Brass

and Associates

By United Press

—--.

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BANK STOCKS

(By Blyth & Co., Inc.) Bankers Trust

18%

Chemical Bank & Trust ...... Guaranty Trust Irving Trust Manufacturers Trust National City vals Continental Tn Natl Chicago 0 First National Bk Boston .... National Shawmut Boston .... National City Cleveland

Fire Insurance

Aetna Fire City or New York

National ‘Fire .. North River eal

U. S. Fir Westchester Ws Casualty Companies

Continental Casualty Mass Bonding & Sr uranet

BROKERS’ OPINIONS

By United Press NEW YORK, Aug. 10.—Brokerage opinion today—

E. A. PIERCE & CO.—The general expectation is that signs of a fall business revival may appear within the next several weeks and, with the adjournment of Congress, buying may become more assertive.

REDMOND & CO.—We continue to think that the market will advance, once this current period of indecisive action has run its course. We accordingly suggest trading purchases on any recession,

HORNBLOWER & WEEKS—We would be inclined to proceed on the theory that, subject to minor trading interruptions, a sustained resumption of the recovery movement is now getting under way and should carry well into September. SHIELDS & CO.—With some crazy proposal or other likely to come out of the last act of the present Congress any day, little change in the quiet character of the market is to be expected for the near future. FRAZIER, JELKE & CO.—The quality of leadership and the encouraging news environment may be expected to encourage continuation of the current recovery. ATKINS, HAMILL & GATES— In view of the likelihood that further seasonal declines in business will occur from now until Labor Day, it is understandable that little in the way of aggressive buying may be looked for at current prices. W. L. LYONS & CO.—There is little further that can be said, but the conservative operation, despite the current dullness, still leans to the ‘domestic side.

291% 61%

ONES STOCK AVERAGES

30 INDUSTRIALS 186.75

DOW-J

+0.54 -1,00 0.46 -0.04

Yesterday Week ago Month ago ... Year ago High, 108%, 194.40; low 165.51 High, 1086, 184.90; low, 143.11 20 WIL EDAD:

Parana

Yesterday Week ago . Month ARO ....:iviiiiiiinin Year ago ....... vv TEL 54.01 High, 193%, 64.46; low, 50.17 High, 1036, 50.80: low, 40.66 20 vhs Yesterday Week ago ...

Year ago High, 193%, 37.54; low, 23.45. High, 1036. 36.08; low, 28.63. 70 STOCKS Yesterday ... . 63.80 Week ago ......... vinesaaess 68.43 Month Ag0 .......c.vvvivenss 6100 Year ago High, 103%, 69.67; low, 57.5%. High, 1036, 66.38; low, 51.20.

Net High. Low. Last. chang®

IntP&PB... 13% 13% Int P & P pf. 106 106 IntT& T 11% 11% wo 69

63%

Jewel Tea Kennecott .... “OR 111% 41% 15 7

0 862% 53%

Lee Rub

*hman 1 Lehn & Fink. . Lo » Glass ..

Sh pd “star Cem 3% 1 2% 20% 36% 36% _— 471% 10%

Ludium Stl ....

Macy R H .... Marine Mid .... Martin Gl 23% athieson ov cIntyre Porc . 33% cKesson & R 135% cKesson & R pf 45 Ahh SBA

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Qutbd Mar 25 Owens Ill ass 102

Pac Am Kish “ Pac G & El ... Pacific Ltg Packard Panhandle

FOREIGN EXCHANGE

NEW YORK, Aug. 10.—Opening Risian

exchange steady. 9 Cable Rates Change England (pound) 83% Eng. (60-d. bill rate) 158 Canada (dollar) .. France (ranc) Italy (lire) Belgium (belga) Germany (mark) Switzerland Holland (guilder) .. Spain (peseta) Roden (rons) orway (krone) . Denmark (krone) 0001 Japan (yen) +-.0001

U. S. STATEMENT

WASHINGTON, Aug. 10.—Government expenses and recei = for the current fiscal year, through . 7, compared with a year ago:

1.089514 ~.00001% +.0000"s

+.0000% —.0000%

Expenses $ i. b0s. on. 23

840. OBB, 016.91 $ mts ¥ ,808.3 C \

593,338 55.

33 e12-330.508. 10, 8. 1067, es) a 38, ass. 91

To s P Tot Inactive gold "Jeb, 950.24 $1 504 536.058 31

FRISCO CURB GETS 3 TRADING PRIVILEGES

By United Press WASHINGTON, Aug. 10.—The Securities Exchange Commission today granted the application of the San Francisco Curb Exchange to extend unlisted trading privileges to three stocks, but denied the applications for similar privileges to two other stocks. The applications were granted in connection with the Studebaker Corp. common stock $1 par, United Aircraft Corp. capital stock $5 par, and Utah-Idaho Sugar Co. common stock, $5 par. The applications were denied for Atlas Corp. 6 per cent preferred stock, $50 par, and Berkey and Gay Furniture Co. stock purchase warwants. The SEC reserved decision on the applications to extend unlisted trading privileges to Atlas Corp. common stock $5 par and Berkey and Gay common stock $1 par.

SUGAR IMPORTS CHARGED By United Press WASHINGTON, Aug. 10.—Sugar imports charged against quotas for all off-shore areas during the first seven months of this year totaled 3,717,235 short tons, the Agricultural Adjustment Administragjon announced today. The report included all sugar from Cuba, the Philippines, Puerto Rico, the Virgin Islands and Hawaii recorded as entered or certified for entry for those countries prior to Aug. 1. Total off-shore i for the year is 4,798,430 shors ons.

For Final Stock Quotations See Later Editions of The Indianapolis Times

Bonds of the United States Government, Its Territories and Insular Possessions

Federal and Joint Stock Land Bank Bonds Indiana Municipal and Corporate Securities Real Estate Bonds ond Preferred Stocks General Market Securities -

Indianapolis Bond and Share Corp.

129 EAST MARKET STREET

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LATEST NEW YORK STOCKS

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Tenn Corp . Tex Gulf Prod. Tex G Sul

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indicate the approximate market level as furnished by the brokers named. (By Indianapolis Bond & Share Corp.)

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HOW TO BE A RETARY, by routine and proce

ELEMENTS OF by Paul H. Nystr

to the managem of a store.

G. Wilhelm. BUILDING TION N

cated to savings ship.

intelligent people who frightened by mathematics while at

HOW LONG PROSPERITY? Charles G. Dawes, ’ : sents a forecast of domebtic business for the next six years.

Louise

New Business Books Available at Library

The following new business

available at the

business branch of the Indianapolis Public Library. MATHEMATICS FOR THE MIL-

by Lancelot Hogben. For the been

have

A study that

SUCCESSFUL SECH. Scott.’ dure that face the

inexperienced office worker or one who is starting on a new job.

RETAIL SELLING, om. Irom the ele-

mentary requirements of store work

ent” or ownership

WRITING FOR PROFIT, by Donald Revised edition. AND LOAN NNALS, 1936.

ASSOCIAA volume .ediand home owner-

by pre-

The

PORKERS DROP 23 T0 40 GENTS IN LOCAL TRADE

Heavier Weights Decline Most as Top Falls To $13.50.

The recent advance in hog prices which had carried the peak level to a new 11 year high several times was abruptly halted today. Despite normal marketings locally, the run being estimated at only 4000 head, buyers took a very bearish stand, and finally succeeded in paring values unevenly 25 to 45 cents, according to the Bureau of Agricultural Economics, Unted States De-

partment of Agriculture. Weights above 250 pounds suffered most. Top was reduced to $13.50 on choice 200-210 pound animals, Sows shared the general downturn, losing mostly 25 cents to bulk at $11 to $11.75, with the top $12. Strictly grain fed steers and yearlings encountered dependable suport todapy, and sold fairly aectively at full steady prices, For the size of the run there was a liberal showing of the upper crust, bulk of the fed crop turning at $14.50 to $16.50, but most sales at $16 and above, Common to medium quality short feds and grassers were slow and easy, some sales now showing a 25 cents decline for the week to date. Heifers were steady, demand expanding slightly for medium grade kinds. Top on heifers rested at $14. All cows sold at unchanged levels despite the bearish attempts on the part of local killers. Vealers moved actively on a steady basis, upturns at nearby centers making local values look relatively: low and chiefly accounting for the eagerness on the part of buyers. Good to choice offerings moved at $10.50 to $11, lower grades at $10 downward. Light receipts around the market circle. were instrumental in offsetting bearish news from the eastern dresed trade and prices here ruled steady to strong.

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Yesterday Week ago Month ago .... Year ago Two years ago S887 193% high ,. 1037 low 1936 high ,..... 4.8 10368 low 1935 high ....,, 91.4 1035 low

3s 1046-44

Peru

VICTOR C CHEMICAL

registration

New York Bonds

BOND PRICE INDEXES 20 20 20 Indus. Rails Util 1 Pe 102.0 01.6 101.2 3.7 101.2 26.1 105.5 is 1008 1001.2 106.0 20.1 99.8 1004 108.2 BLY 103.5 86.4 103.6 93.1 5 .0 89.3 83.0 (Copyright, 1037, Standard Statistics Co.)

U. 8. GOVERNMENT BONDS Treasury Bonds

a0 Bonds 03.0 25.5 5.5 pis mn. 100.7 93.4 100.2 03.8

Baa

01.6

« 050 . DO.8

verses 000

Low 106.29 12. 18

1060-55 Home Owners Loan Bonds

101.10 101.9 103.2 103. »

Federal Land Bank Bond Bid

At TSF gen 4s 95 ' Atl Coast L 4'zs 64 .. B & O 4148 60 Bu R & P con 458 57.. Can Pac Sen 48 perp Cen Pac b Ch M St Chi N

P&P Bs 2000 47% 4

Argent 44s 71 Canada 3'4s 61

6s 60 .......

FILES STATEMENT

By United Press WASHINGTON, Aug. 10.—Victor |

Chemical Works, Chicago, filed a statement with tM» SEC today covering a securities offering designed to provide funds for erection of a new plant in Mount Pleasant, Tenn. and for expansion of facilities of the company’s Chicago Heights and West Nashville plants. The company contemplates offering 696,000 shares of $5 par value

stock.

The company first contemplates

Mount Pleasant enterprise and

$175,000 for expansion at the other

plants. The balance of the pro-

ceeds will be added to the work-

ing capital.

CIRCULATION REPORTED WASHINGTON, Aug. 10.—The

Treasury reported today that money in circulation in the United States

on July 31 aggregated $6,460,099,147,

or a per capita of $49.85 on June

30.

Stock Activity |

SHARES TRADED ON N.Y, STOCK EXCHANGE

- Nal

LAL TL LT o> »

» o

& DOTTED LINE IS THE PAST TEN YEARS AVERAGE OF THE SAME MONTHS

MILLION SHARES

THE PARKER CORR GENERAL DISTRIBUTORS INCORPORATED INVESTORS

BOSTON, Aug. 10.—A little more activity occurred on the New York Stock Exchange in July than in the two months previous, but at that, the transactions were the smallest for any July since 1923. In the first seven months of this year sales dropped 15'2 per cent from the same 1936 months.

= ve Press . AGO, Aug. 10.—Hogs—Market, 10,000 directs; wg apket, stead ond melding : $13.70; bulk 180-23 13.60; 240 i

$12.50 @ k_ good and choice 140- 180 10s.,

13.25; ; good packing sows, $11.50@

bul $12, 5013.25 25; 12.2

Additional Market News, Page 18

Caitle—Receipts, 6500; calves. 1500: des

WHEAT FUTURES JUMP 3 CENTS; CORN FOLLOWS

Canadian Crop Report Causes Sharp Gains in Leading Cereal.

———————

By United Press CHICAGO, Aug. 10.~Wheat prices held most of the early advance toe day on the Chicago Board of Trade after a climb of more than 3 cents, At the end of the first hour wheat was 3 to 3% cents higher, corn was %4 to 1% cents higher, and oats were % to % cent higher, Before profit taking checked the advance, wheat futures had climbed

3% cents per bushel on the exe tremely bullish crop report by the

the sale of 75,000 shares, the net | proceeds of which are expected to | provide $1,000,000 for acquisition of | a site and construction costs for the

equivalent to $40.92 for every man, | rots=Tilinois, woman and child in the country. This compared with $6.447,132,642, | fat crates,

Canadian Government, which estie mated spring wheat production | across the line at 35 per cent bes | low the long average and the small | est crop in 30 years. A report from London said United Kingdom trade

| ers took 8500 tons of Australian

wheat overnight and this further increased American bullishness. Wheat receipts were 198 cars. Corn was off from early highs on profit taking on the bulge and more or less local selling kept the market from resuming the upturn, September corn remained relatively strong. Corn receipts were 3 cars,

WAGON WHLAT City grain elevators are paying for Neo, 2 red, $1; other grades on their merits, Cash corn, new No, 2 yellow, $1.06. hia 26'2¢. Hay=No. 1 timothy, "$15@ 18.50,

ARGENTINE "GRAIN BUENOS AIRES, Aug, 10.—Grains opened irregularly higher today. Wheat—Sept,, 81.23%, up 3c; Oct., $1.21, up %se, Corn--= Sept., 66%c, up lac, Oct., 5574¢, up ‘ee. Oats—8pot, 207s¢, unchanged. Flax —Sept., $1.35% unchanged; Oct, $1.38'%, une changed.

LIVERPOOL WHEAT High Low Close Oct 831.308 $1.27 81.20% Dec vives 1.30% 1.28% 1.30% March 128': 1.26% 1.28%

WINNIPEG WHEAT

1.25%

1 October Changs av wl 2

+ 38

CHICAGO PRODUCE CHICAGO, Aug. 10.—Eggs-Market, vne settled, receipus, 9359 cases: iresh graded firsts, 20¢; extra firsts, 20'z2¢; current ree ceipts, 18'ac; dirties, 16%c; checks, 16%c; storage-packed firsts, 20%2¢; storages packe dextras, 21%e. 12,608 score),

Butter—Market, easier; tubs; extra firsts (99- MN 30a 30%e¢; firsts, 28% @29%z¢; extras 92 score), 31c; seconds, 240127 Vac specials, 31% @32¢;} standards, 30%c; centralized (88 score), 28%¢; centralized (89 score), 20'%e. Poultry—Market, steady to firm: ree ceipts, 49 trucks: geese, 13@ 15¢; ducks 14@16¢; hens, 21'.26122'2¢; Leghorn hens, 13% 25hring chickens, 221% (i 24150: broilers, 2 , roosters, 14@1 251se; Fathers 15@1%e¢, i Joye, 10 Cheese—Twins, 1746 17Vc¢; daisies, 17%, moderate; demand,

@18¢; longhorns, 17% @ 18¢, Potatoes - Supnlies, slow: market. dull; Idaho Bliss Triumphs, Idaho Russet Burbanks, $1.80 al 90; ' s Rug 2, $1.25; r umphs. Washingto ) $1.50@ 1,55; VU, 8. No, $1. 2: ee Russet Burbanks, U, S. No. 3, $1.15% 1 20; Nebraska Cobblers, $1.20; Nebraska Bliss

Triumphs, 9! 26; on track, 206;

ay . 2 December

receipts,

$1.30 1.50; U. Oregon Bliss

Arrivals,

203. shipments,

MONEY MARKET NEW YORK, Aug. Lo

mained unchanged toda Ba nker's Acceptances | - ks) 16% vs.’

~Money rates ree

$0 davs. wm 129

Sa @

60 and 90 days vi e7-16%: 0-16@%%: 150 and 180 days

Sammeroial Paper—Prime names, 1% 150 me, Money.—.60 and 90 davs, 1% 20, an avs Va % Re at Now YOR 13 0% n° 0. aay rate

FOOD PRICES

CHICAGO, Aug. 10.—Sweet Driatoss--Tennessee, bu. hampers, [email protected]. Care hunches, Spinach - 356 65¢, Tomatoes—Illinois, 15@80c, Cauliflower —~Washinge $1.65@1.,75. Peas—Washington, $1.50. Celery—Michigan, flag crates, 35 50¢ Onions (50-1b, sacks) | Minos, yellows, 40@75¢: California, vele lows, f0c@$1.15; California whites, $1.20@ Po Wisconsin, yellows yellows, We.

INDIANA LIVESTOCK

LAFAYETTE, Aug. [20 to 45 cents lower. 200-225 lbs, $13.25@ 13 oi 225-250 lbs., $13@ 18.10; 250-285 168. 2.5061012.85; 285-325 Ibs $12.25@12 40; . [email protected]! § g : "130- 150 1bs., $11. "512; [email protected]: roughs, $11.50 $0.50 10, Lambs, $10@10. 50,

MARRIED 50 YEARS Times Special LAKE CICOTT, Ind. Aug. 10. Mr. and Mrs. V. J. Martin celebrated their 50th wedding anniversary Sun day when relatives gathered in their home near here for reunion of Mare tin and Rouhier families.

| Illinois, bu., at crates,

hampers,

10, —Hogs—Mas Tket,

aives,

pendable market fed steers, yearlings; strong, shade higher; fed steers, £15 up; top. $17.25 for 1 00- 1b. averages: veariings, $16.50; fat steers, $12.50 down to $8.50; thin native stockers, $8.50 down to §6.50; grass cows weak, 25 cents lower; heifers sharing decline; Jr heifers, $13 up; bulls, steady, $7 down; vealers, unchanged at $11@12, Sheep — Receipts, 4000, including 100 directs; spring lambs active, steady to 25 cents higher: =e to choice natives, $11 11.25; top, $11.50; sheep, 25 to 50 cents

lower; ewes, Saab. 25. FT. WA Aug 0. —Hogs— phe 20 to 25 cents lower; 180-200 Ibs. 16 Jo Ibs., M3 15: 200-225 Ibs. Sigs: Ais. =e

$11.70; $11.25; roughs, S16. 75; stags, $9.50. Calves, $11. Lambs, $10.5

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NOTICE TO BONDHOLDERS

York City.

be sent to them.

Abitibi Power & Paper Company, Limited

PLAN OF SALE OF ASSETS AND REORGANIZATION

Pursuant to an Order of The Supreme Court of Ontario, a meeting of Bondholders of Abitibi Power & Paper Company, Limited has been called for the 15th day of October, 1937, to consider the Plan of Sale of Assets and Reorganization presented by the Bondholders’ Representative Committee and the sale of the mortgaged properties of the Company to the New Company contemplated by the Plan. A copy of the Plan, together with a Compilation of Statements and Information obtained by the Bondholders’ Representative, Committee, is available to all Bondholders upon request at Room 2400, Canadian Bank of Commerce Building, Toronto, Canada, or at Room 1000, 44 Wall Street, New

Bondholders are urged to communicate promptly with the Committee in order that information may

Bondholders’ Representative Committes By JOSEPH P. RIPLEY, Chairman