Indianapolis Times, Indianapolis, Marion County, 22 January 1938 — Page 8

PAGE 8

STOCKS AND BONDS EASE IN MODERATE _.._-

Traders Are Cautious And Operations Routine.

N. Y. Bonds

By United Press BOND PRICE INDEXES

20 20 20 Inds. Rails Utils. 81.6 63.3 93.9 82.0 63.9 93.9 82.1 68.2 81. 3.2 95. 100.9 92. 89.9 95.0 101.2 80.1 69.3 . M8 1004 90.0 84.7 . 91.4 86.4 83.6 710

10 MOST ACTIVE BONDS Net Month Change Ago Hol.

”"

Bonds 29.6 | 9.9 82.1 83.0 100.6 95.9

| Yesterday - y > - a6 T Week NEW YORK, Jan. 22 (U. Month age P.).—Stocks, bonds and com.- | Year ago years ago modities eased today in light | 1957

high | 1937 low trading. | | 1936 high The share market opened lower, sk ow Dy ig firmed slightly and then fluctuated 3a iw aimlessly. Traders remained cau- | tious and operations were only routine The TVA decision had been an-'! ticipated and discounted. experts said. Interest switched to fate of the case in the Supreme Court. Utility shares joined the downfurn. although no pressure was noted. Other major groups moved narrowly with a few exceptions. These included Owens Glass. which reduced its dividend payment yesterday. ‘If “Sold “at 54, “off 3% Westinghouse Electric was down 2% points at its low and losses of

i 106.0 106.1 103.5 103.6 89.3

Close a

-—

Bond transactions totaled $4,- | 031,000 compared with $3.812.000 a | week ago.

2 points were noted in Johns Manville and a few others. ! Leading railroad shares were mixed in a fractional area. Central | and Pennsylvania held small gains. | 3::. Union Pacific eased. | Steel shares lost small amounts. The general belief was that only | slight improvement in the industry | could be expected for some time. Motor shares did little. Chrysler held unchanged and General Motors off Oil shares moved in | narrow range with gains and! losses about evenly distributed. | Coppers were steady. Fomestake ! Mining and Dome Mines rose al. point. Farm issues were off small |: amounts. : DOW-JONES STOCK AVERAGES | 30 INDUSTRIALS 130.00 130.69 .134.31

Holiday 186.69

GOVERNMENT BONDS Treasury Bonds

1943-40 Ju s 1943-41 Mar, 1941 . s 1945-4: 1954-44

| { | 1 ! 1959-56 101.6 Federal Farm Mortgage Bonds 1949-44 103.24 103.24 Federal Land Bank Bonds iY Yield |

a ”

103.24

July Jan. May May July May

2.63

WLR

64 2 3 1958-38 .. 15 Home Owners 1949-39

1944-42 1952-44

Loan —{}.69

—1.64

2473

Today Yesterday Week ago Month age Year ago High, 1937-8, 194. 10; low, 113.64. Hizh, 1936, 184.90: low, 113.11. 20 RAILROADS 29 9 29.80 32.33 Holiday 56.06 —0.02

102. 101.22 104.1

v6 DOMESTIC BONDS . nN

| Argent 412s 71 941 | Australia 5s 55 1051; | Brazil 6las -5 19 Canada 2!'25 45 ‘ 19] Cuba 52s 45 . ver 4234 Ger 7s 49 unst 321, Japan 61s 54 73 H 571, 10,

1133, 1

94'a 10574 9 101

8 — WOOO + UN rt aI TO + © KoA

—0 01 —.63 0.3%

» he

Today Yesterdav Week azo Month ace Year ago High. 1937-8, 61.46: low. 28.91 Hizh. 1936, 58.89: iow. 40.66 20 UTILITIES

VT a708 NOIR ah ot

Pt pt — ww - ao Xa

® do

DDO TWRI WW DD «10 MI 0 =O UI

Todax 20.58 Yesterdaw Week azo Month age Year ago High, 1937-8. 27.54: low, 19.65. High, 1936, 36.08; low. 28.63. 70 STOCKS

—.20 B 20.58 —0.24 21.33 —005 | Holiday 37.02 0.

B & 28 Eeth Stl 43s 60 . { Bu R & P con 415s 57 Can Na Rv 5s Oc 69 | Can Pac deb 4s perp {Cen Pac 35s 60 i Chic Atl ref 3s 49 Chi Bur Qu 5s 71 { Chi East Tll 5s 51 —0.21 | Chi In Lou gn 6s 66 12.64 0.61 | Ch St P gen 4s 89 3 14.42 20.62 | Ch M St P&P 5s 2000 Abs Tv I Chi NW Te, be . Holiday |

66.87 0.06

low, 38.87.

low, 51.20, =

Today 12.43 Yesterday Week ago Month age Year ago High, 1937-8, 69.6%: High, 1936, 66.38; "

Chi R T ref 4s dct | Chi R I gen 4s 88 Chi Un Sta 3%s 63 .. { Chi W Ind cn 4s 52 .. Childs Co 5s 43 : Cin Un T 3%s 71 Clev U Ter 4's 17 Gol Sou 44s 80 {| Cons Qil 32s 51 | Cons Edis 3Vs 46 Con GN Y Shas 51 Consu Pw 3'%s 70 Contain Cor 6s 46 Crane 3Co 3lhs 51 Erie ref 5s 75 .. Erie ref 5s 67 Gen M Ac 3s 46 Goodrich 6s 45 Goody T & R 5s 57

Week's Business At a Glance

AUTOMOBILES — Ward's Automotive Reports: Output this week 65,418 units vs. 65,735 last week and 73,509 year ago. R. L. Polk & Co.: |G December. New passenger car sales (g} Jor fs Ra 185.000 units vs. 190,185 in Novem- | Hud Man ber and 327.053 vear ago.

BANKING — Federal Reserve: Gold stock unchanged at $12,755,000. 000: excess reserves off $20.000.000 to $1.370.000,000; brokers’ loans off $28,- | 000.000; circulation off $49.000.000; ratio unchanged from last week at Hr : 80.1 per cent vs. 804 year ago. Dun Lou Ark Rv 5s 69 & Bradstreet: Week ended Jan. 19 Lou & Nash 4s fo bank clearings $5.214,937.000 vs. $4,- | 612,502,000 previous week and $6, |) 564.780.0000 vear ago. CONSTRUCTION — Engineering |x News-Record: Awards this week $47.669.000 vs. $42,590,000 last week and $43,941,000 vear ago. ELECTRICITY — Edison Institute: Week Jan. 15 y output 2,115,134,000 kwh vs, 2.139.- | NY HC ptudl, 582,000 previous week and 2,264,125,- Nor Pacif 3s 2047 .. { Ohio. Edisn 4s 65 . 000 year ago. [Pac G & E ds INDEXES — Moody's Investors |Bar Pict 6s Service: Business activity

— Od LIL 0 OID OOF mt bt af my 2 OY

ea IO DHIIEI Ira D ~1N00 On

mew 300

Electric NYS, 45s

electric [NY ®dson

Sips pg L tas 81 weer

Penn RR 155 65 Phil Ro 9 Jan. 15 rose to 77.7 per cent of oe | | FRy i average vs. 76.7 previous week a illsbury Fl 6s 4: 1070 year ago. Dun & Bradstreet: SRM Week ended Jan. 18 food index off | Reading 4!4s 2 cents to $2.51, low since Dec. 21, 1934, vs. $2.95 year ago. Iron Age: a 1 = a . ilk n 0 3158 51 Week Jan. 15 capital goods aetivity So Pacific 15 gs yi i 3 5 e fi 2 8 up 64 points to 57.5 per cent BE De) 2 53 1925-27 average, widest gain in Sou Rwy 61s 56 .. months and first advance since Dec. | So Rwy 6s A, 56 - 9. vs. 93.3 year ago. Stan Oil N J 3s 61 | Studbk 6s 45 LUMBER—National Lumber Man- | Third Av adj 55 60 ufacturers Assn: Week Jan. 8 out- Tn fac, Ist As 47, " ug 5s 53 put by 492 mills 113.816.000 feet vs. | U S Rubber 5s 47 90,118.000 feet by 539 mills previous week; shipments 132,483.000 feet vs 135,256,000; booked orders 147:986.000 vs. 139,919,000.

y on 33; METALS—Bureau of Mines: 1937 preliminary U. S. gold output 4,792.097 ounces. valued at $167.723,400, vs 4.357394 ounces or $152508800 in | 1936. Union Corp: 1937 world gold | output estimated at 35400000 troy | ounces, record high. vs. 32,960,000 in 1936, up 7.5 per cent. OIL—American Petroleum Institute: Week ended Jan. 15 crude | output averaged 3,476,900 bbls. daily. | March up 39.800 from previous week, gaso- |3ay eee line stocks 80,947,000 bbls., up 1,616,- | September pre, 000. b) Bid RATLROADS — Assn. American Railroads: Week Jan. 18 carload- | ings 580.600 cars vs. 552,314 previous | week and 696,035 year ago. ba CORPORATION NEWS — Baltimore & Ohio R. R. Co. November net loss $240367 vs. net income Rxpenses $737,015 year ago; 11 months net | Receipts income 56 cents, a 4 per cent pre- | Gao: ‘Bal 2.980 130: ferred share, vs. $3.63 year ago; | Work. Bal. 1.188,

Chesapeake & Ohio Ry. Co. 1937 Eib, Debt Hg

53 97

| } { \ {

s 60

COMMODITY PRICES

COTTON

Lox 8.40 8.47 8.53 5.63 8.66

March Mav July i ner

| Dece | ony 5 53 off 5. |

COTTONSEED OIL

Low Close 7.58 7.82 7.62 7.66 7.66 7.65h 12 7.74

U.S. STATEMENT

ra ASHING TON, Jan, 22 tU. P.).—Gov- | ernment expenses and receipts for the |e fiscal year through Jan. 20, compared with a year ago: This Year -$4,223,401,007.41 . 3,400,389,216.51 031,790.90

Last Year $4,013,720,699, 20

1223.79 9,692.83 0, one .62 6, ay's Pur. Total 353. 34,353.63 $1,222 974, 416. 32

34,505,629,557.06 11.317.465.954. on 243 0

18c; 12¢;

preliminary net $436 a common [Customs “aga 4, son Co. 1937 consolidated net $7. 82 | a share vs. $839 in 1936; Dome | Debits 82 838. oo mated profit $4,310,661 vs. $4.281.150 | in 1936; Electric Power & Light : LOCAL PRODUCE solidated net $1.11 a common share | vy breed hens vs. 64 cents previous 12 months; | unde’ 4'; Ibs, ‘14c; Leghorn hens, Ibs. and over, Leghorn Spr eS 1% net profit $6.34 a share on combined | heavy sta Leghorn stags. ie; harecommon and commen “B” ‘vs. $7.25 | gs—No. 1 strictly fresh country eg 16c. (Pach full case must weigh ‘55 bs. Jersey and subsidiaries 1937 prelim- | fy); case under 55 Ibs. will be made’, inary net $2.67 a common share vs. | Butter—No. 1, 36%; gic, No, 2, 3% . (Prices quoted Yy Wadley co.)

share vs. $5.67 in 1936; Detroit Edi- | mae Gold INDIANAPOLTS CLEA ORANG HOUSE Mines Ltd. 1937 preliminary esti- | Corp. 12 months ended Nov. 30 conHeo vy 41> Ibs, and up, 1 i 112 IAggett & Myers Tobacco Co. 1937 | Leghorn entire: Bs. ad ‘over Hee: | back broi abs, Tc: old roosters, in 1936; Public Service Corp of New | | \GToks. A Tet ToqHS Tn SL nigh, 5 Toe. $268 in 1936 .. Butterfat-—No,

? | Bald Loco ct

61 | Byers,

2 | Cluett | Coca-Cola

9.2 | Colum 4

, | Conta

Le | { 09% | I | |

4 | EIk-H Coal pf Ss

[ Fed wat

R |

21 Cen

= { Armour & Co

18c; |

PHT INDIANAPOLIS TIMES

oe, SORE

RV DORN IRS,

A MNTY 4%

SATURDAY, JAN. 22, 1988

Adams Exp Addressograph Air Reduc Air-Way EI! Alaska Jun Allegh Corp Allex Corp

Allied Mills Allied Stores . Alls Chal Alpha P Cam Amerada . 2 Am Bank Note . 15 Br Shoe . 3934 Can ca. 8034 Car & F . 24: Car & F pf 33.» Chain & C 16 Com Alc . Crys Sug Enc Til & Pwr Ice Iater Loco

135 3 . 47

oi 1234 647:

Am | Am Am | Am

Am | Am Am Am | Am

A $16

‘ 10%g Mach & Fd 1334 Mach & Mt 4’: Metal . 33% Pwr & Lt 55s Rad & 13 Roll Mill 21 Safe Razor 20 Seating . 121, Smelt

nuff . Stl Fdies . T&T a Tobacco Tob B Type F Wat Ww Woolen

Zinc Anaconda

1 | Arch-D-M

ty Noa

Balt & Ohio Bali & 0 pf ... { Barber Co .. | Barker Bros | Barnsdall | Berm Hem Bendix Avn { Ben Ind Loan Beth Steel ; Blaw-Knox

Po LR

CII ~TO0Y Wr On + LO

| Borg-Warner

{ Bower R B .. Bdgept Brass | Briggs Mfg i Bklyn-M T Bklyn & Q. Ir Bklyn & Q nf.. | Bklyn U Gas | Bucyrus Erie Budd Mfg | Budd Wheel Bullard { Bulova W { Burlington M { Buroughs | Batler Bros | Butler Bros pf Butte Cop AM Byron Jackson

Cal Packing { Callahan Zinc . | Calumet & H Canada Dry Can Pacific Carpenter Stl . ase... J. 1 ... Caterpillar T Celanese : | Celotex { Cent Foundry i Cerro de Pasco

4 | Certain-teed

| Champ Paper Checker

i Rv pf ChMStP&P fF SRMStE P&P nf Ch & Nw Rv 1 ChiPnTool cv pf : Chickasha C 1 | Chrysler FCity I. & P Peab

a CI bt bk sk Be) » naman

— BD et 9 4k £1 ok bk 217 ot £43 —~ 00ND ay

| Colzate- P- F

| Co & Aik | Col Fuel: Tron i Col roadeast Gas Col. Gas pf A | So Pictures vtec Com Credit | Com Solvents | Commonw _& So | Comw & So pf Cong-Nairn { Cons Aircraft Cons Cicar | Cons Edison { Cons Edison pf Film pf ..

EW de® J TNA R00 Wan Wm SO NANG BANE

i s Coal vtec iner Cont Bak A | Cont Bak B i Cont. Can Cont-Dia PF Cont Mot Cont Oil Del’ Crane Co i Crosley Rad Crown Cork Crown Zller Crucible St Curtis Bib Curtiss-Wr ’a Curtiss-Wr A

Deere & Co Del & Hud D Lac & W D&RGW pf

R Mill Kodak Mfg Auto-L,

a rElec Pwr & Lt

* El Pw&L $6 pf

El Pw&Lt $7 pf

Eng pub g 5.50 Pt Eauit Bldg . Srie . Erie 1 pf : Eureka Vac | Evans Prod

S A

Flintkote Foster Wheel Freept-Sulphur

Robt Arc Tr Cable Cable A

| Gair | Gen | Gen

- 2

Gen Gen

Cigar Electric Foods G& EA Mills pf... Motors pf. 1 Pr Ink Pub Sv Rty & U n Re fract

CORI

Soe

el ED NCI UI » Ww ®» a NA —- LS LOE NIN en PR

| | >

26%

Chicago Sn

By United Press Low Alum 43 B

I Advance Aetna Ball

0. NP ama oe

{ Aro Baw, er Asbestos \ Barber oe Barlow & Sig | Bastian Bless | Belden Mfg | Bendix Aviat Bliss & Laugh Borg Warner | Burd Piston R Butler Bros Castle A M | Cent Tl PS pf . “ry Cent & SW Ut . ‘ Cent & SW Ut pl of: ' Chain Belt .. | Chgo Corp > { Chgo Towel pf .. Chgo Yel Cab .. Cities Service .. | Comwlth Edison

y | Consum A

Cord “Corp .. Cunningham Drug Dayton Rubber Dexter Co on Elec Houshd Elgin Wateh i Finance Gosrard Co Gt Lakes Dredge | Harni cnreper i 111 Brick Ill No Util pf Ind Pneu Tool Inst Pwr 6 pf Iron Fireman Jarvis B Jefferson EI Katz Drug Kerlyn Oil A Kingsbur ® | Lasalle

ath n Lincoln Print Lion Oil Ref Marshall

—

Sunstrd Met Swift & Swift Tair u Utah Radio Prod I: & Indus

ols

Close 43

o Gra Yell Gen Nas Ara

Int Gen

| | f | sg! | | Lg {On

Beth Steel

Pure Oil

Boeing Airplane 32 By

£ Stock sales approximated 410,000 | | shares, against 740,000 in the short | Curb stock

15 MOST ACTIVE STOCKS

Hizh 303g 15% . 58% 13% 62% . 14% 3s 12% 3014 1212 134

wv)

Low 293g 57. 112 57% 14 61 1334 3614 9% 328 12 14934 117g 24% 3214

ham Paige

ow Truck Motors h Kelvinatr conda Cop

Nickel Elec Aireft Corp

| session a week ago.

| sales were 74,000 against 123,000.

Close 2934 585

587

Net Change E24

LEHI +):

Shatt Shell

Gen Gen

Gim Glid

Gillette S R Gillette C $5 pt 597s

Gobel, Goebel Brew Goodrich . Goodyear Graham-Paig= Granby Grand Union

High

. 12%,

13 1014

Low Thire Eq 123, T& R

bel B den “e Adolf .

+ | Grand Un pf

{ { | { | { | { | {

Granite C Stl... { Gt North pf

| Gt Nor Ore

West Sug

| Grevhound Cp

| Gua

| Hack Wat

Hall

Harb-Walk ..

Hat

Haves Bdy

8 Hol | Holl

| Holly Homestake

1 Hou Hou | Hou

How

Hud

nt Sug

Corp

©°

8 I NODOURIOLI~ILRH Ur

and Purn, i andr & Son Sug .

d-Her A d-Her B ston Oil e Sound son Motor

. | Hupp Motor

+ II i Ind

5 | Ingersoll

i Inla Inte | Inte Int 8 | Int | Int | Int | Int t Int Int

| Int

| Johns

Kay

Central Rayon Rand

nd Stl rchem r Iron gi. Ag Dr Bus hers fn 133 Har vester A AM

Nickel

Man

ser Jul

{ Kelsey Hayes

Ken | Key

necott

vstone Stl | Kresge SS 3 | Kroger

G&B

{ Lambert

Leh

P Cem

Lehman

2 FED

F Glass

{ Ligg & My

Ligg

& My

Link Belt Loews

Loft

| Lone Star

Inc Cem

Loose-W Bis

Lori

Ludlum

i Mae Mac

llard Sti

k.. Tt y

El md gtd

{ Maracaibo Ex

Mar May } 2 McC

tin Parry DS rory

8 MeGraw El McIntyre Pore McKeesport | McKess & Robb

| MeL

ellan St

Mead Corp

Miami Midcnt

Mid!

Cop Pet

and Sti

i Minn Hny

Min:

s { Mo-K

n-Moline Tex

Mo-K Tex pf

Pacific

t | Mohawk Cp Monsanto

Mon

t Ward

Mother Lode Motor Whi

Mulli

4 | Murphy | Murray

| Nash-Kelv

, Distillers

INve a | N Y

NY? NYN

ins Mfg B eC...

Pk ft

SID HONVNND

Acme . Aviation Biscuit Bond Dairv

BINS pd dp 00) «10 B32 aoe DD aad Badd ANT DadD DU A EE

3 5 A A - -

eB BBR 13 ah

BI an DD AXP FD am,

I Ee Land

nd Bs nv H&H H&H pf

NA ND

{| Norwalk T pf

{ Ohio © | Oliver

omn

Oppen Coll

| Otis Otis

{ Owens Tl

| Pac

Pacific Mills i Packard

Parker Rust

. 1)3 Eq 28% 78 . TV .. 23% 107 Glass 57 re ve32634 ‘ 15% 51 “4

131% 281, 11 233.1

107% 52

il Farm ibus

Elev Steel

2634 15; 5's 105:

G&EIl

331, Ff 19%

Parmelee

| Pathe Penney | Penn D Cem Penn D C

Film 57a . is: , 45 PY A 2014

| Penn | Peoples Gas Peoria & East Pfeiffer Brew

Phel {- Phil

Phillips

ps. Dodg

Phila. Read C IT

Morris Pet

Pitts Coka&Iron

Plvn

Pitts | Pitts United

Sc&B

nouth Oil

Poor B

Port Port Proce Publ Pub a]

: 3, | Pullman . | Pur re Oil

Ric-Am A Ric-Am B tor & G ic Serv Serv 5 pf EI&G pf

“v8

Net Close Change

Silve Simo — %

Socor

Squa

Stud

FEV RE

a - 0 kee

1:4" i —-

| Texa | Texas

—

RR “nema

| Texa lr & i Tex

CHL

+1 + ‘ - ew ® ew»

{ Tran

Pt pd

20th

u w BR eRe D ea

{ Unio Unio

LEVT+LILL

Un Un Un Un

| | | : | { Un {

er n-

Simmons

Tenn

[Tex G §

{| Twin Cy | Twin

| United

FINAL NEW YORK STOCK QUOTATIONS

By United Press

—R Hien - 3 - rere pf .. 68 cen 10 Stl ... 19% Stl pf 70

: 734 cucvpf 87 9 . 42 . i 11

Low $1, 48): 43,

4 5s

t Ante]

Safeway

Schenley Dist Sead’ Seab'd Sears Servel Sharon S H pf

qd Air lL .. Oil Ing tuck ‘ tn Oil .. r-Ring ...

' 2 nds Swa&sSt

Smith-Cor-T cts Snider Pkg

ny-Vacuum

Sperry-Corp Spiegel Inc: ..

re D-B Brands

d Brands pf C Tob

Stone & Web

ebaker

Sunshine Min

Syming-Gould Svmng-Gld

Corp s Corp Ss Gul Prd u s & Pac PC & x PacL'T

| Transamerica

s&West Air

{ Trans 4 Wms Tri-Con

Cent-Fox RT Coach

n B& P n Carb

Un Oil Cal Pacific Tank Aircraft Air Lines Carbon United Corp

Cp pf

Net Close Cane

| Yellow Tr Young | Young s | Young

2 Loan

United Dru ug

| Aero

1 Co Am

| Am

Curb Stoc

By United Press sup "B.. 334 0 91, 24) 4 Maracaibo

Am Super

Ark

Austin Barium

Berk i Can Carr | Cent | Citie Citie i Col Con Creo i Cusi

i Eagle Picher L i Equit

i Fisk | Ford | Grd

Iron Lion

McW Nat

Seibe St

| (By

[Ad Fds 2 A

| Bull | Can

Contry. Tr

Com Cntl

Dep Dep

Div Fidel

Fnd

Gen Gen

Inep Insti Bk

Ins

22 | Invest Bank Co

1 Bst

i... CH | ket,

|'graded firsts, 18%;¢c;

| cars,

current Butter 045 gross Ibs.

sent

indicate based on buying 218 selling inquiries or

The Following.

LOCAL TISSUES

actual

the approximate

recent transactio

| Citz | ¥

Ind Inte

ONDS

Ind Tel (TH) 4%s 61

Rajlw rstate

Sas

, | Indp!s Water Co 31% ° | Kokomo Water Works 8 28

Mor Mun

Oh ub

H IT H

Pr NEA

0 @ -aw

nN BOWED EGIN-IULA~T-. 00

“ a

on -

xMarkKet 8 XEx<Div:

Noblesyiliee io

ichmon Sevmour H Trac & L 5s Pees Water Works 5s 56

ris § cie Water orks 5s HI&P 6Ys Tel AE 6s 47

Te) 412s W W 5s

Water Rk 49

Trac Term Co

fBv M. P. Crist &

s’ mB LE Toi Bassa

po ph = DT nC

BORO RMP O IID

Co.)

Indianapolis Bond & Share Corn.) Yuotations do not repreor offerings. market

but mereiy

i ~ nN

i oN ©

» -

t. Investment Cor 23.55 idend. PY

19%5¢:

light; banks

level banks

ked

COON =anNavoa

Corn Empi First

Bd kh dk pk dk pd dk pt pk SWNT

oa w voy

Irvin

New Pub

cable

| Eng Cana

Holla

Lockheed Air Molybdenum

Niag H Pw No gna PS 6 pI i No Ind 2 Pantepec Prudential In

d Oil Ohio Sunray Oil Technicolor

Wright

Tr Sh A

A ‘ AA mod ‘ Acc mod Crum Fos Cmlty

B Diver C “'D

| Fiscal Fund, Ins Stk

Pd Iv Inc 1% 03 17.03iSvrgn Tr “A 48] 5/8

Grou Agr

Hi Cheese— Twins. Potatoes. = Supplies,

Clures, SEamPh.,

Arrivals, 792.

lic Title

NEW YOR exchange

i England

France

Switzerland

Pan (yen)

ey Gay Fur Marconi ier Corp rif Pipe s Ser Ss Serv 0&G Cop Mns Pet Mexic

OO RD

» %®® >

y Cp Rubber Can A Nat Films

= I

NOV WIHI=D

Fireman . 0il ‘a

—

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SIN OW WWW MmUie

&. 5

FE rE

tro

rling R

Ora DOW OWHWLWRNUU INS oc . : oat

Ham

INVESTING C

the New York Security Dealers

Bid Ask 12.11 12.88|1y 3.59 KevCF. B-2

Tana

Fd Iny

LRSRI DIDI O00 Ll pet WOLD POTN LO BD Stile x /

Inv Sh pf

Elec

Tr B NY Ins A

Shrs Ly

OF rt NO 1S BD a TRIB ADD s

1 Phe Stk

6.01 iS Tr A 3.80 4.05! Sel

5.2

1.85{Std Util 5.11{8State St [Spr B I 8 Wr ‘ AA

4 Cap_ 29.62 3 Iv Tr 4.70 P Securities 1c 1, 1,2 89 1.32 1,28 a ‘BB 1.33] Spry sd _N 1.30! Tr St Iv

70 D oo ali] “A Ltd.:, ''B TL

1,32 A Bk Te LPA

1.2 1.1 Nb 1.2: 1.19 r Cp 30 Invs 16.60 Securities 19 Grp 1.28 1.42) rps: Cp 15.12 16.60 well a

Fd C nw

Bldg Sup Eqt

Z - = 2 of 2. oa

m Tr

ewe

| Ward Bak B | Warner

| Wayne Pump | Wes

| West s | West

| West

| Wheel Steel

Woodwa rd

Zenith 1

Net Close Change

Vs 1

Un Dyewood ... — n El Coal Un Eng & Fdy Un_ Gas Imp .

cadaqaaaad nnmpnpnnnnng 0 a

Un Stores A ...

Vadsco Sales Vanadium Van Raalte Vick Chem Va-Caro Ch Va-Car 6 pf

Wabash Wabash pf Walworth

Bros .. Waukesha Mot

Oil & 8 0Oil&S pf West Auto Sup Md Pac pf ‘ West Union Air Bke . Westing El Weston El In Westvaco 5 pf

Wes

. -— D> ®

11;

White Mot White Sew M White Sew M pf Wilcox O&G Willys Overland Willys Ovrld pf Wilson & Co Woolworth Worthington Wrigley

| 5 | 3

ya _ BJORN DLN or = Fa

Iron

IN STATE $242,500

. Advances Pai " 511 Since |

Dec. 8, Report Shows.

LAFAYETTE, Jan. ‘22 (U.P) —|

| More than $242,500 has been ad- |

vanced to 511 Indiana farmers since |

Dec. 8 under the 1937 Federal Corn |

| mittee, announced at

program, Frank A. Kirkof the state comPurdue Uni-

patrick, member

| versity today.

| bushel

| Benton County headed the list of | M ! counties with a total of $30,546.

It | was tied with Newton County in | the number of loans completed, each having 45. Other counties of | the 45 which completed loans to! farmers on sealed corn for security | include: Tippecanoe, Haman and | Boone. The loans, available only to farmers who co-operated in the 1937 agricultural conservation program, have averaged about $350 to each producer and are secured by an av-! erage quantity of 700 bushels of | corn under seal on the farm. Kirkpatrick said. Loan rate this vear is 50 cents per on the number of bushels

lof corn in the crib, with allowance

{ shrinkage

made for moisture content and Moisture tests are be-

ing made to determine the quantity

shrinkage.

0's

Assn.) Bid Ask 9.89 10.50 21,44 23.43 4.89

= —t

EN DD on on i O nce

Ld OO

LUI Dn es “IVINS DMO RD

x na KN

WUD R04 = git OB UI DBI WO = 2 a

NLD S No

w dh kh pt . oom, sown: Wwe

eS 5 DIA Ded

w C

JARDIN NWN

aobLibbo oan: oo VOoWwWlwdnwwwoed

12, 8 13 3) 1.85

84 1-92 12.89 14.21

CHICAGO 1 PRODUCE

ICAGO weak;

Jan. 22 (U. receipts, 7587 cars, 19%ec, extra firsts, cars, 19¢,; a 2C;

‘e less checks, dir réceipts, 173 ‘Market, unsettled; extra firsts, { (92 seconds. . 331, > ah Ss. 18@22c. ‘geese, spring chickens turkeys. 184 24c fryers, 21@22c. 1615 a: 17217! mods tat

ore), et?

20c:

Longhorns, market. steady. $1.3067 1,3" [email protected]%, 3 10@115; Minnesota Bliss a Russet Rurals,

S, Va:

. less than carlofs, Texas

$1.65 “track. 234;

0. U. 45; on

1934¢;

receipts. 0 ls score)

22@23c¢; Leghorn hens.

Daisies,

Idaho Russet Colorado Red North Dakota Bliss | Utah Russet Bur-

-Marfresh | cars,

~Eggsases than less ties, 16! 53.-

35@33c. stand-

0c;

receipts, 19¢. hens broil-

17a e: demand | McTriumphs. $1.05; new

"FlotBliss Tri- |

BANK STOCKS

Bank of janhattan Bankers Tru Bank of Now “York Trust Brooklyn. Trust Central

as Chemical . Commercial Continental

Hanover

Exchange National R

Guaran

RS rabies National

City York Trust

Guarantee

XK, Jan, 22 firm Following a rates on ma e Rates 2 334 3°

4, 2 3 1.0 03331 fe: ai i 5375

2577% 12%;

C fpound) 84 (60-d. bill rate)

da (dollar)

; (mark) (franc) (guilder, (krona) (Krone) krone)

satan

Bid

FOREIGN EXC EXCHANGE

(U. "P.).-

re an ening |

Jor currencies

Grange | 1.00 1-16 +.00 1-16 +.0001% — B00 a + 100003: 4.0001

FOUR BOYS HELD IN KIDNAP-AUTO THEFT

“Quartet Captured Wear Knox | After Wrecking Car.

KNOX, Jan. 22

¢U. P.)=Police

today held four Mexican youths for

| Chicago authorities after they were

arrested when they allegedly

| wrecked an automobile reported fo | | be stolen in which they were riding

land fleeing in the car | later wrecked. One of the gun

than |

on Road 30 near here, Deputy Sheriff Harry Lough and State Patrolman Duicie Masterson said the youths confessed slugging two Chicago men Thursday night, | obtaining two guns and then kid- | naping a motorist, afterward! throwing him from his automobile which they | Ss was| | recovered, police said. The boys, all from Chicago, are: Salvadore Criz, 15.

18, and John! Gr acia,

i016 : Urges States to Share Cost!

Of Restoring Monuments.

——————

Times Special WASHINGTON, Jan. and national parks must be pro-| tected from the “rushing army of vacationists,” Col, Richard Lieber, | Indiana State Park system sponsor, today had told delegates to the Con- | ference on National Parks here. “The parks must be conserved | without change and handed down to! future generations in their original form.” he said. The speaker urged that state | governments lessen the load on park |

22 —State

| systems by sharing the expense of |

Bur- |

‘shipments, !

| | |

{

| attendant,

| restoring and maintaining national | monuments within their jurisdiction. | He cited Indiana as an example of | park progress. | The conference was called by the | {| American Planning and Civic As- | | sociation, |

LONE BANDIT | HUNTED LOGANSPORT. Jan, 22 (U.P). — | State Police and loral leg today sought a lone bandit who

| held up Floyd Rhea, filling station |

here last night and

robbed him of about $35. The bhan-

\ 22 | Michigan McIntosh, TSCA, 2

| Spinach —Texas.

—~Foreign |

| dit joined a companion in a waiting | automobile and fled west oh state. Road 24,

FOOD } PRICES

CHICAGO. Jan. (U. 65 Sweet bushel Carrots— Illinois, bushel, 686r80c. toes—Mexico, lugs, $2.75%@ 3.25. - Moafomia, crates, [email protected]. Mexice, hampers, $2.1563 | fan. square crates, 0 sacks) i lows,

$1.35 [+i

tatoes— Tennessee, 85c¢.

nar

BUSINESS EDUCATION

Strong Accounting, Bookkeeping. Etenographic and Secretarial courses. ay 33d evening sessions. Lincoln 8337.

Fred W. Cage, Principal. Col LI

Central inass

Architects and fiders Bui Pennsy vant . Vermont “Ste.

WHEAT IS FIRM

3 gions.

wheat crop at for

{ noticed.

comment.

| May

| Sept

{ March May

I No

| ing, 70@93c.

| | | Victor Vasquist, 15; Anthony Revere, y

| with practical top, $9. |

| to 75 cents down;

| 8.75:

Porker Prices Drop 20 Cents To Top of $9

AT FAVORABLE FOREIGN NEWS

Corn Prices Are Held to Very Restricted Range Light Trade.

CHICAGO. Jan. 22 (U, P.) —Better than due cables produced a firm trend in wheat futures on the Chicago Board of Trade today. At the close wheat was to 1 cent higher, May 95% cents: corn was 's to 4 cent lower, May 60%

Hog prices on first rounds held steady, but Friday's gain was lost on the bulk of Saturday's arrivals here at Indianapolis today. accord ing to the Bureau of Agricultural Economics. Most sales will ficure 20 cents lower than Friday or $9 and down, although choice 150 to 170-pound averages at the opening gun reached $9.20. This decline was not altogether unexpected as local quotations were pushed up Friday into a rather topheavy position. A few packing sows early cashed at vesterdav's $6.35 to 8 s $7 range, but these also weakened, cents, and oats were 15 cent higher, Min sympathy with butchers, in the Mav 32 cents |later trading. Compared with the NEAR Ape | close of last week, due to today's Various other S late lower market, weights from 100 news were of impor- {to 150 pounds are closing only tance to influence the market. |5 cents higher; 150 = 200 pounds . Caden | steady, and 200 to 300-pcund averWeather conditions in the winter | ages, 5 to 10 cents up. Heavies over wheat area showed little chine {oe pounds will show weak to 10 with clear skies forecast for the | cents lower for the period and week-end. Recent dust storms have | packing sows strong to 15 cents drawn the attention of weather

items in the day insufficient

traders to | higher, predictions for these 1€- | All other classes of livestock Export business overnight | | were left unchanged in the usual was small ; | Saturday nominal trade. ComThe Canadian Government re- pared with the close of last week, port released yesterday after the | slaughter steers grading good and close of the market set the 1937 | [ better and valued at $7.50 up show 182,410,000 bushels | a loss of around 25 cents while approximately 95.000 bushels | plainer grades. sold most depend « under the previous estimate. This | ably and held steady. A few loads alteration was too slight to be! of good steers made $8.25 to $8.65 { with a short load choice at $9.75, | but the major end of the run graded common and medium at $6.50 to $8. Best heifers reached $8 and $8.15, most good heifers $7 to $765. Here also common and medium grades | predominated at $6 to $7. Weighty | heifers are off 25 cents with handy Drought has retarded ac- weights weak to 25 cents down tivity there recently. |All grades cows ruled unchanged, Liverpool wheat closed unchanged cutter grades at 84 to $5 again the to a small fraction lower in dull | pest property. Beef cows usually | and featureless trade. The firm- | | went from $5 to $5.75, according to er freight market in Australia held | the flesh. Bull prices advanced 25 offers by that country steady. Win- cents. top heavies reaching $6.75 nipeg was higher. {and $7 late. Vealers are off 50 | cents for the period, top handyCHICAGO GRAIN weights at $12 most all week. DeRANGE { mand for stockers and feeders imPrev. | proved, sales ranging from $6 to nc ($775. qualitied heifer calves and 89% | fleshy yearling steers at $7.75 to 88% E | $7.75

Fat lambs declined 35 cents to 50 + | cents since last week, natives off most. Fed Westerns closed at $8.15 down, best natives late $8. Year- » | lings lost 25 cents. selling late at $7 ‘land under while slaughter ewes ad - vanced 25 cents, top lightweighis going to $4.25

Corn prices continued their practice of late of moving within an | extremely restricted range. Trade was light and mixed in charac‘er. Export business was not large. In- | | formation that South Africa has | taken advantage of good rains to | plant and plow corn drew some

High

203" 89%,

Low 947 89, 88%

Wheat— ay $ July Sept. Corn—

60 61745 61%

807% July Sept Oats— May July Sept Rve— Mav Julv Soy HOGS Max Lard

Jan

Beans—

1.054 lan

-~ . a“ DDDWNVNDOD DID ID 3

July Sept a Ask

BIPIND mt th B= S000 yu PVIDMND

arrows and Giltg— 0) Good and Good and Good and Good and Good and

choice choice choice choice choice choice choice..

3. hard, $1.02 No. 4 mixed. 58',@583%;¢ No 5 vellow,

Wheat No 3 mixed, 573ac; 3 vellow, 56's @867%¢c: No . 1250-290) Good and 4 white, 56%c; sample grade, 311 asa a0 1200-350) Good and Oats No. 1 white 35a 35%c¢; No, 2 Packing Sows— white, 34@34',c; No. 3 white, 33'%¢c; No. ! (275-1 4. white, 3215¢c: Sample, grade, 32'ic, No_sales. Barlev—Feed. 484 66c; 0 Sov Beans—-No sales. 0- | 1275-550) Medium Teed [email protected]. Clover—Red, $397 | Stauchter 'P Pigs— [email protected]. Cash Provisions— | 00-140. Good and $8.30 nominal: loose. $8.22: Medium $8.12" nominal: bellies. $11.25 nominal CATTLE

LOCAL ‘GRAIN — Receipts

CASH -Market, firm; 1 red, 92@93c. 1 hard, 91@92c;

Corn N1arket, steady. Jeceipts. 40 carloads; No. white, 4815 51% No white, 441% 4c. No. 4 yellow, Gav, @51c; No 5 "yellow 441, @48¢c: No. 2 mixed, 48a 50! 5 i 44047! steady; iy white 291, 3 300, :C

WAGON WHFAT Citv grain elevators are pay red, 83c: other grades on sh corn new No. 2 vellow

4 1200-250)

PAPI

RAI WO =I 03

35 G (435-480)

BOI POND

piby

choice

-~3

leaf,

25 Steers (750-900) Choice (900-1100) Choice (1100-1300) Choice (1300-1500) Choice (750-900) Good (900-1100) Geod 1100-1300) Good (1300-1500) Good .. (750-1100) Medium 1 (1100-1300) Medium (750-1100) Common Steers and Heifers— (550-750) Choice (550-750) Good

receipts, No. 2 No.

one carred, 91@ hard, 90

1D haha 1.3 =I

Whea! { load; No, :

D1 ~3 SUL

ts. 24 car2c: "No, ™;

287;

white, Heifers

1750-900) Choire Good Medium Common

Cows

ying for Mo (550-000) thelr merits 0c Oats,

“A 8c

LIVERPOOL WHEAT Toga; : J equivalents < ter] me x Low cutter and

cutter

Bulls pareh fal

Joly

| Yearlings excluded weights Good beef | (All weights) Medium Cutter and common Vealers —Receipts

weights) Choice weights) Good weights) Medium and common Calves Receipts (250-400) Choice (250-400) Good (250-400) Medium 1250-400) Common

Feeder and Stocker

Steers— (500-800) Choice (800-1050) CFoice (500-800) Goocl (800-1050) Good (500-1050) Medium (500-1050) Common

37. 113%

ARGENTINE GRAIN AIRES. Jan. 22 (U closed irregularly Wheat—February, $1.09, up 'ic: { $1.09%. up 'sc. Corn—February oft 155¢: May, 85%c, up 2c. Oats 32%c, up lc. Flax February, $1.35%c 4¢; March. $1.36, up ?

WHEAT

BUENOS

400 — Grain futures

(All . | (All | (All up | Cull

"0h 3n 30 09

WINNIPEG 502 10.00 20@ 8.50 00@ 6.50 50@ 5.00

R 6. igh Low Lio e 5 1: 190 a 3h 257% $1.26 1.18 1.18" i ol 1 00 ! 00%

4 100%, Cattle

OTHER LIVESTOCK

CHICAGO, 22..t P.),—Hogs -Receipts, 12,000 including 11,500 directs; | nothing done early; top steady ai $8.75. Cattle— Receipts, "200; calves, 100; marker steady; fed steers and yearimgs steady to 25 cents lower; beef cows, 25 cents higher; cutter grades and bull strong. vealers, $1 lower: extreme to long “Vearlings and heavy steers, $11.75; light yearling steers, $10.75; heifers, $9.50, |

DED

Jan

~J=1-320 0

AIT

ifer (500- 700) Good and choice Common and medium

SHEEP AND L AMES -—Receipts, 2000

| | | | | |

| Lambs — Choice Soo¢ Medi Receipts, 4000; market, steady Medium 25 to 40 cents lower: sheep, 50 Ewes feeding lambs, 25 cents | BWES— a 3 bulk fed Westerns, $8. | a5d ang Shore 3 $7.256i7.75; slaughter ewes ommon and medium

Sheep fat lambs, off. top. $8.75, vearlings $4.75

LAFAYETTE FT

WAYNE. Jan. 22 Market, steadv, 140- 160 ihe. 1bs., $8.00; 180-200 Ibs.

$8.60. 200-240 Ibs. bg,

22. rU.'P. 150-160_1bs. 170-180 Ibs. -200 1bs.. $8.7

“stags. $5 25

lambs, $7.75

ree

SAFE DEPOSIT BOXES

* The % Indiana National Bank

of Indianapolis

25 260 lbs. 70-280 1bs . 390

0. : “$7 eo. 280- -200° Tis. 3 290-300 1bs 7 5 igs. $8.75 ous $6.75 Calves —811 7 50 Lambs [email protected] CINCINNATI Receipts, 400

Jan U including none Doldover steady on light suppl 38.2 200-225 1bs., $8,75. 100-140 ibs 8.65: sOwWs, $£6.25@ 6 50 “Catile ~100, calves, 25 Sheep none direct

P. Hogs

direct, no

top $79

25,

COLLATERAL MORTGAGE

PFRSONAL COMMERCIAL »

The INDIANA TRUST COMPANY

MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION

THE OLDEST TRUST COMPANY IN INDIANA

Allied with THE MERCHANTS NATIONAL BANK