Indianapolis Times, Indianapolis, Marion County, 23 June 1939 — Page 20

PAGE 20

HOGS GAIN 10 ON LIGHT TRADING: TOP HITS $7.10

U.S. Bureau Credits Rise to Light Stocks in Eastern Area.

Hog prices climbed again here today on what the Agricultural Economic Bureau termed a “premature seasonal gain” attributable chiefly to light pork stocks in the East. A 10 to 15-cent rise pushed the] top for 210 to 220-pound offering | to $7.10. After a 50-cent gain yesterday, vealers were steady at $9.50 limit. Weights from 210 to 220 pounds] again headed the list. sold strong, mostly from $5.15 to $6.15, with a top of $6.25 on best! light sows. Some extremely rough | medium heavies sold downward to mostly $5. Small cattle receipts left all prices nominally steady. Steers were prac-|{ tically lacking, the crop comprising butcher classes which cleared in a cleanup manner at yesterday's] levels. Plain and medium grass heifers in small numbers moved out in a range of $6 to $8, with best lichtweight fed heifers to $9.25. Around 150 Western were peddled out at $10 to $10.50, good 700-pound yearling feeders $9. medium grade red and roan feeders. $8. At a top of $10.25, were steady with recent prices.| Mixed lots of medium and good | & grade lambs cleared from $9 to $10,

bucks included. Lower grades sold 4m

downward to a practical bottom of | 8750 for common lightweights. | Slaughter ewes were unchanged at | $2 to $2.75, top $3.

Repts. June 6337 20... 2

Top ..3 630 6.50 6.70 6.85

June 13 16 vw 19

.8 6.85 a8 . 00

3» 23 5830 Packing Sows 275- 350 $ 6.00- €.25 5.50- 5 15 5.00- 5.75 |

4.75- 5.75 | HK Slaughter Pigs .10 Good and Choice— . - 7.05 100- i140 $ 6.15- 6.50 | 6.85 Medium . 5.65- 6.25

CATTLE

Barrows and Gilts

Good and

(Receipts, 322

10.50/Al1 0.75 G'd n5 Medium . 75, Cutt. com_ 6.00Vealers

5 25!

1300-1500. Good — 750- 900. 900-1100. 1100-1300 e 1300-1500 . Medium — 750-1100 1100-1300 : Common Plain— 750-1100 = 7.00Heifers Choice— 750- 900 $ 8.75Good —

9.50 | 8.50 |

7.50

7.505.50-

ves (Receipts, 530) Feeder and

Stocker Cattle _ Steers

Cho of ART 3 0 Good | a00- 800 8.508.50- 9

9 | 800-1050 Medium— 8.00! 500-1050 7. 30- 8 00 ! Heife 7.75!Good and Chol 7.00! 500- 750 $

) 6.50] Common an ov cut slo’ medium... SHEEP AND LAMBS (Receipts, 713) Spring Lambs

Good and choice Medium and good .. Common and plain

5 Medium . j Cull and common al

9 oD

9.00-

CO a 8.50

T6.00- 7.75

5-10.25 00- 9.75 50- 9.00

$9. 9.

" i.

Ewes (on shorn basis)

Sood, a choice 3 Ci 3.75 - 3.

CHICAGO LI LIVESTOCK

Hogs—Receipts. 5000: active on weights 260 lbs. down: strong to 10 cents higher ihsh Thursday: heavier butchers slow, x: top, $7.15: bulk good And, choice 180ry $6.90@ 7 7.10; 250-290 lbs., $6.55 butchers, $6 Ose 50; A and medium weight packing sows. heavies, $4.754 5.25. attle— Rex eipts, 500: calves, 300: very crop mostly medium to steers selling at $8.50 | 8.50, several short loads and small packages, $8.85@ 9.35; hest medium weight steers. $10.75. one prime light steer, $11.25; cuttery southwest 580-1b. steers and cows mixad. $6.15. cufter grade cows with! weight active at [email protected]; strong weicht cutters and common beef cows ,, selling | mostly at $6.25; beef cows. $6.50@7; bulls, rm: weighty kinds absent, table at 87.50: light and medium weight $6.75@ 7.15: vealers firm at $9.50@ 10. Sheep—Receipts, 2000. old crop clipped | lambs slow; better grade spring lambs only moderately active, about steady. undertone old crop offerings steady to lower: ones double good tn choice fed clipved | lambs. $8.73. native spring lambs, $104 10.25 to packers; top, $10.60 to small Kill- | ers. sheep about steady. slaughter ewes | around $283.2

OTHER LIVESTOCK

CINCINNATIL, June (U._P.).—Hogs— Receipts salable, 3300: by 37 750 Active, generally o cents hi $7.15. 25075 lbs., $7. 100-140 fx @s. 10: niost good Jacking SOWS, 2 Cattle—Receints 250; 350 Czalves—Salable, 400. otal 400, Salable ; light. generally steady: bulk light | P! in and medium grassers. $7.50 | uck load strictly good mixed | and heifers, 770 1bs.. $9.50; most rs, $7.256,8.50; twa loads hin medium near choice §75-1050-1b. steers bought | arrive, 396¢:9.50: good beef cows to $7. cutters and cutters, [email protected]; top | Is, $7.25; wvealers, strong. practical top,

otal, 1600. |

1> beef. in, uh; gocd grade light

fos. : $4.75

Sh i total,

Sheep—Receipts salable, 1600: Active. spring lambs onened fully steady. Jater and bulk sales, 25@50c higher; ul good and choice trucked-in spring lambs, $1010 75; few lots choice mostly sorted long-haul ewes and wethers. [email protected]; common and medium. $84 10: buck ® ainbs usualiv discounted 50¢c or more per hundr wala under ewes and slaughter ewes mainly $2@ LAFAYETTE. Ind.. June 23 (U, market. 5 to 10 cents higher. Té0- 200 Ibs, $6 6066 80: 200-260 ibs. $6.85@ 7.05; 260- 325 1bs.. $6.50@ 6.75. pigs, $6.25 down; £5.25 down. Calves, down,

28 50/9: spring lambs, $8.75!

FT WAYNE, Ind. Ju ae 23 I, Po —~HoE s 200-220 Ibs, S7: 180-

—Mar ket 15¢ higher ) . $6.30; 230. 240

$6, 90, 160-180 1 240-260 Ibs, . 250-280 lbs. 3 , $6.30: 140-160 Ibs $6.50. 100roughs. $5.25; stags, $4 29.50.

395.330 Fiber $6.40; 140 Ibs... $86.40 Calves, 20 S230 1 Lambs,

LOCAL ISSUES

The following uwuotations bv the Tndianapolis Bond '& Share Corp do not represent actual - “~ or offerings but merely | indic>te ‘the approximate market level) based on buving and selling auotations of recent transactions Stocks

Auto Invest Corn . *Belt RR & Stock Yds *Belt R > Sok Yds Cent pid Home T&T Ft Wayne Hooks Dru~ .ne wove 2 ‘ptd A

‘com’. pfd ... 52 wu pi

com *Ind Hydro Elec 7% *Thd & Mich 79 nid *Indpis Water rfid Indnls Gas Co .. *Tn inls P&L 6h pid *Tndpls P&L 62% pid Linco'n Nat Life Ins Co com. 28 N Ind Pub Serv 52 bnfd - 88'% N Ind Pub Serv 67% pid . 5 N Ind Pub Serv 77% vid *progress Laundry Co com ... 11 Pub Serv Co of Ind 67% pfd... J Pub Serv Co of Ind 77, pfd... 62 So Ind G&E 4-8% pfd......... Union Title Co com T Haute Elec Co pfd .. Van Camb Milk Co com...... .. Bonds

American Loan 5s 51 Amer Lo 55 48 Citizens Crabbe_Revnolds- Tay! lor, Home T&T Fi 50 Be Home T&T Ft W Se s. Ind Asso Tel 37% ol $ i) 4.

Indpls Railways re

Xs 3% “49 Semeur Water Wie 5% 49. ..100 TT Haue Wale Wks 67% Sv) ute Wea ter Wis 6% ds 10

Packing sows | Abr

stock calves |

Top Rents. |

5830 | 6533 | Am

| Barker | Barnsdall

Kinds

wethers; | Gon — Hog a0

roughs,

Ask | 541, I &

in 2 Elec & Mus Ind 20a r.&

2 | heme Irie

'Ex- cell-o a

en "HE INDIANAPOLIS TIMES

FINAL NEW YORK STOCK QUOTATIONS

By United Press

DOW-JONES STOCK AVERAGES 30 INDUSTRIALS

NEW YORK, June 23 (U. P).—A firmer tone developed on the stock market today. Volume increased moderately.

Aiding the list were a rise in auto production, better than sea-|Gen sonal showing in retail trade, passage of the tax bill by the Senate, better railroad income and a lower- | Glidden ing of copper inventories.

Gains ranging to more than a point were made in many issues. There were some exceptions where losses were noted ranging to a point in U. S. Gypsum. Small declines were made by American Telephone, Howe Sound, Pennsylvania Railroad, Standard of New Jersey and Texas Corp. Chrysler touched 713%, up ss General Motors 44%, up 3%. U.S. Rubber preferred was up more than 2 Motor equipments were

; Net Close Change 4% 4 VY 126% 3, 18%

High Low

Motors ... 44% ot 126%

Net High Low Close Change Men p Le.

ngel Mengel Ist 1. i Tarn] ® vo lth ident Per vv I3Ye inn-Moline ... 4 0-K Tex pf 434 onsanto . onsanto pf B 121 ont Ware .... ! or & Ess . otor Prod . Motor Whi Mueller Br Mullins pf Murphy G C Murray

Yesterday Week ago Month ago Year ago . High, 1939, 150.85; low, 121.44, High, 1938, 158.41; low, 98.95. 20 RAILROADS MRR IARLARAS RSA 27.56 . Wii r wiih ei 27.78

-—0.78 +-0.28 + 0.58

Stl Eh Time

a LL] -0 1% 40.10 + 0.46

Yesterday Week ago A Month agh Year ago High, 1939, Righ, 1938,

Goodrich pf Goodyear 34.33; low, 2018. 33.98; low, 19.00. 15 UTILITIES

Srahaim- Paige Granby . Grand Union . Granite C Stl. Grant TL. a3 Gt North pf... Gt West SUE - ; Gt W S pf 140 Green H L. Greyhnd Cp . GM& N pf...

RS s 5 Nash Kelv Nat Aviation Nat Biscuit . Bond: Share Cash Reg.

> Yesterday Week ago Month ago ....... velwas yy Year ago High, 1939, High, 1938,

26.52: tow, 20.71. 25.19; low, 15.14,

Hall Print .... 13% Harb-Walk pf. 144 Hayes Bdy nH Hazel At Gl.

i points. steady.

% Ya Ye bi a

,2 | Stokely Br 3 Stone & Web Studebaker .... Suashine in Y Suverhtr AAS Swift & Co .... Swift Intl : Syming Gould ® [Sym Gould xw

Net Close Change Abbots rap... 5 & Straus .. | Acme Steel | dams EXp .... Air Reduc {Alaska Jun .... Al Cp pf $30 w. 73% Al Cp pr $30 xw 614 Al Lud Su 163s Allen nits WI Allied Chem Allied Kid Allied Mills .... Allied Stores Allis. Chal _. jm Bank Note osch . Am Can ... | C&PF A Ch & C . am Chicle ..... 24 Am | Am

m Airlines new Crvs Sug {Am Am & FPP |Am

8 Telautograph .. Tenn Corp ... Texas Corp .. 2 | Tex G Prod ... T'& PC &O Thermoid Yu's Thermoid pf Thompson Pr .. Thomp Star

Hupp Motor eA

Central 117% Ind Rayon vers 24Y Inland Stl . 8% Inspiratn Cop | . 10% Inter R «ei 03 {hterchem pt 103%

oe 45% Ne Am 5% pf.. | 557% 55% Ohio Qil her Farm = 2. Omnibus ... Otis Elev .. NOtis Elev pf Otis Steel Otis Stl cv 1 pf. 36 Owens Ill Glass 622 Pe Pac Am Fish .. 4'4 Pac Finance .. 10% Pac 'G & El ... 31" Pac T' & T 1g, Pac West Oil 2 | Packard 2 Pan Am Airwys {Panhandle ve Paramt Pict Para Bc 1 Para Pic p Parke Basis Pathe Film . Patiho Mines Pen & Ford 4 | Penney 14 | Penn 3a {Penn D C | Penn RR .. | Peoples Dr | Peoples Gas u | Pfeifter- Brew pl | Phila Co 6 pf /a Phila Read C I Ys | Phil Morris { Phillips Poy | Pirelli. A [Bitts sc & & i B , Pros Stl Car 2 | Proctor & G Publig Serv

7 19% 15% 19% 8%

95 61%

gric Business M1 Harvester.

. -— ~~

. Eee 2% . 6% . 13 .'s Y . 535% 90 61% 62 10

Trans & Wms. Tri Cont 20th Cent Twin Cy Twin ‘Coach...

ia RT.

2 RB Union B & P .. Union ‘Carb ... KUh '@i1 "Onl {Un Pac {Un Tank {Un Aircraft cp. |Un Air Lines .. 8! Un Carr Past 15 | United Corp . % | United Ch. pf ... 35; 1p | United Drug United Fruit vi Un Cas Imp + 34 [Un Gas Ta) 1 | Un Mer

% 15 Ig 1g 1a lg 1 15 Va 1 1

1 i

8% 20 no 5 1130

and "Cr ‘Coal id {Am an = ay 3. 8 rv, |Johns-Man (An IL . 4 2 | Johns-M pf’

731% ; Y 130 13 0

f. 04: S . 10% . 431% 83 7% 6

8912 3Va

Kennecott vn a 2

| M & . Keystone . Sti

{mn %

oat

. 127% IA 2 bi. 17 9

NIRINS = =e D DBNBS OW

4 | .s Kroger Roll Mill . R Mill cv nf 5 Safe Raz .. Smelt 42 m Stl Fdies ... 2 Am 1 jam T

E m [Lambert | Lee Rub Leh V Coal .... | Lehman

2 411,

Am 108% 52

Rub 1 Wt Smelt Smelt Steal Steel or Tob

42 ide 82 pf... 69 vo 4TY% 106 36 | 45% Soh 3 £0160 160 —

1 2

PAW aA Wn W aE

69 46% 106% 33

any 2

Am Am | Am Am

fk pt MOBIL mh Wk

* Fons Star Cem. 47 Loose-W B 5 pf. | Lorillard : I of ... — 1% . {Mac Iman { gtd ... 2 Ts | | Man Ry md =id Man Shirt 1 q rine Mid ... 4 J | Marshall Fld .. 8 [Martin Gl . *y. | Masonite Corp . 8 | Mathieson oie iMay D S$ .... | Maytag pf i? | MoGror ih “e's s | McCr : | McIntyre Porc . * | McKeesport , (Mead Corp .... oi Mead Cp pf.... D8 M aie ws BO

* BANC RESERVES DP NV LOWSSETHGH

Am | Anaconda | Anchor Hock ol 24: {Arch-D-M |Armr Del pf.. | Armour 11 . | Armstrong Ck | Asso Dry Gds | As Dry Gds 1 pt As Dry Gds 2 p | Atchison ] Atlas Corp Austin Nich Aviation Corp Aviation Rts

Ww Yaolen Da.

- Walaliet aT TJgB— WI LOD

rR NANTE ANS

v% 20 20

| |Vadsco Sales > |Vadsco pf . 12 [Vanadium ..... 2u'%s 8 [vic ctor Qe, 243 4 24 {Va-Ca 2% | 22% Va Bar § Lit 116% 116%; — 61%

s, | Pure © 5 Pr...

5 37 Ya 1, | Purity Bak 17%

{ 8 | Hl | R + | Raybestos 2» |Rayonier + | Reading

a | Reliable. Rites a |[Rem- Rnd . 11

aloo ® | Walg:e 8 Walker 2

Svs

"Hy Walworth

"1 1 1 8 3 %9 ¥ nt 201 i “5 5 3 1 Bald Loco Cu... 1 Balt & Ohio ... Balt & O pf & Ar pf Bros .

= | Reo Mot 3s | Republic Stl Revere Cop R M cu vo Reyn_ Tob Richfield

| Warren . Wavne Pump ‘ Wes Oil & S .. 3% 58 8... 3 W Pa El 6 pf 103 60'% Oil... 8 W Pa El 7 pf 1091; | Beatrice Cr {Bendix Avn .... Ben Ind Loan .. 2 Ben Ind Yosn pf Si | Best & 48 Beth Steel : Beth Steel 7 pf 1 Ben Steel 5 pf

41" 103 110 111 33

nai wn 4S Va 5 pf’ 103 6 pf..110 7 pf.

Safeway Safeway Safeway Safeway 7 St Jos Lead.. Savage Arms .. Schenley D... Scott Pap Sears Roe

Westing El vo Of Weston El In .. Weston Fl A Westvaco . Westvaco 5 pf | 3

A Wogomowmm WU

- a

White Sw 21 Willvs Overland Willys Ovrld pf 3 Wilson & Co .. 3% Wilson pf vo 381 Wis El Pw 112 Woolworth RE A Worthington . 13% Wright Aero .. 98% Wrigley 801; Yellow oe 13 Young woe dl . 36% Sa

i a ENA

WASHINGTON, June 23 (U. P). Sharp & —Excess and required reserves of |all Federal Reserve member banks declined moderately in the week ended Wednesday, according to the (Bklyvn & Q pf weekly condition statement issued [Bklvn U Gas | today. Brn Bale Wy 1 | The report showed, however, that [Bucyrus Erie 1 | this trend was reversed at the New 5 «| York City member banks, where South Rv pf .

Bore Warner | Bo R B . ‘nf Bdaept i Ss p Rristol-N { Bklyn-M Yr fe Bkivn-M T of

k Bkivn & @ Tr. EAR AA

{Sloss-Sheff pf. 108'> Snider Pkg ... 201% Soc-Vac So Cal ‘South Pac South Rv

RR ALD OO AD

Young Young

Zenith Zonite

+» | Poor's Stock Reports said today.

oF FES

BUSINESS BRIEFS

Times Special WASHINGTON, June 23.—The lowest rents for decent modern |

have been achieved in some of the] first housing projects nearing completion by local authorities with the aid of the United States Housing Authority, Nathan Straus, USHA

administrator, said today. He announced rent schedules for en. | Tex.; Jacksonville, Fla.; Buffalo, N Y., and New York City. “With an average shelter rent of $6.58 monthly for a family dwelling, Austin has set a record,” Mr. Straus | said. “Higher costs for materials, labor and maintenance in the other three cities compel rents higher than this unbelievably low figure. Yet in all of them the rents for the well-built new homes are actually lower than the average rents now

» | paid for slum dwellings.”

NEW YORK, June 23 (U. P.).— New investment offerings this | week aggregated $82,071,750 compared with $35,552,682 in the preceding week and $108,814,000 in the corresponding 1938 week. Institutional buyers showed strong interest in the $50,000,000 issue of 3 per cent 25-year debentures due 1964 of the SoconyVacuum Oil Co, which featured | the week's offerings.

» n »

In spite of the unfavorable longterm outlook for railroad earnings, promising near-term developments should aid the railroad industry,| The business recession, which developed in December, 1938, appears to have terminated in May and improvement is indicated for ‘coming months, Poor declared.

” " #

Times Special NEW YORK, June 23.—Engineering construction awards for the week, $40,543,000, are 21 per cent higher than in the corresponding 1938 week, but 27 per cent below a week ago, the Engineering News-Record reported today. This is the third consecutive week in which current totals have exceeded ‘their respective 1938 values. The current week’s tofal brings the 1939 volume to §1,515,324,000, | an increase of 27.5 per cent over the $1,187,311,000 revorted for the initial 25-week period in 1938. x x = Timer Special CHICAGO, June 23.—A substitute for gasoline, made chiefly of pulverized coal and light fuel oil, which

[in tests has proved capable of run-

[ning an ordinary car, may be on the market within a year, selling for 10 | {cents a gallon including Federal | and State taxes, the discoverer, Dr. | |P. W. Godwin of the Armour Insti[tute of Technology,

» » »

NEW YORK, June 23.—Twenty per cent of the members of a recent engineering graduating class who failed to land jobs had atid, on the average, better grades than the 80 per cent who found employment, according th a survey described in “Engineering Opportunities,” new book: published by Appleton-Century here.

| Vall

asserted today.

Corn and Wheat Region Official Weather

sna By UV. 8, Wenther Ure th cue

—June 23, 1939— recipl- State of Low tation weather 55 30 ear

oir ore Clear

Rochester | Marion Lafayette .. Cambridge City. Solumbys Vincennes Paoli Ft, Wayne | Indianapolis (Terre Haute Evansville ... £8 Jadicionsi heavy ey: Winona Lake,

CHICAGO GRAIN

CASH

red weevily, 71'4¢c; Nb. z¢; sample mixed Weonuily

1 Yelow. is ‘50 vze

gis: No. ERE, hid No. 3, 47 Barley —Sample grade, 4lc; feed, wp ese nal: malting. 50@57¢ homin Sov. Beans No sales. Cash provis,ons—Lard, $6.10 naminal; loose, $5.40 nominal; leaf, $5.50 nominal, bellies, $6.62 nominal

RANGE High

Clear Clear PtCidy Wabash

0 68 10 rainfall fin 1.03.

Whea t—No. | yellow hard, |70} on

— NO. |'5 Se F150 1c 9 ellow, 49%c. samp re, | ats No. 2 white, witfte. Per F320: Rye No. 2, 47c¢:

3 ny

2 mixed, 50% No. 2 Tole 5

Prev. | close |

0% |

Close $ .8 gi J2

Low 88% 601 10%

{ $.70 3 Bl vier Bh oll J2%

ecember

A482

47% 4 30 50%

ge oe hier ~ ecember ... Oats— {July | September ... | December Rye— July ve | September eh ecember .. Soyheans— July... Qctoher December Lard— Jul Sapteimner et October ..,.. December January | a Asked,

05% 30an | 0% Ri

haa | 6%

LOCAL GRAIN

3 carlonds: . 9 Jed, 83 20 | 2c; No. 2 h

n Nominal,

CASH Steady: receipts, nok S788 ge 0 .'1 hard, 617762" B01, @ 6115¢

Corn— 4 ron, 2 yellow,

Wheat

carloads; yellow, L7} 42 ac; mixed

receipts, | No 431,044 0: No. 3 421% A 48 vc 0. 4 yellow, 41'% | white orn, 6, fc yellow: corn, '>@2'sc under yellow, | “Oats —Stron receipts, 9 carloads; No. 2 White, 30®3114c: No. § White, 28@30 150

WAGON WHEAT Indianapolis grain elevators are paying for No. 1 red. 6lc; other grades on their) { merits, Cash corn, new No. | Oats, 29c¢,

2 yellow, 47c.

Prev Close | nS a.

WINNIPEG W WHEAT High iow Close

597

oi 1%

2 were

STE |

FRIDAY, JUNE 23, 1939

WHEAT GOES WP. AS NEWS ‘DIMS" *

Parity Payments, Export Subsidies’ Influence Constructive.

CHICAGO, June 23 U. P).= Wheat worked higher on the Chi= cago Board of Trade today under the stimulus of less favorable crop news from the spring wheat area and reports of large flour sales in the Southwest, At the close wheat was up 1% to {1% cents, July 69%; corn was up x to 7% cent, July 4815, and oats % to % cent higher, July 31%. Developments in Washington on appropriations for export subsidies |and parity payments also had a [constructive influence, Wheat opened steady to firm. and early buying was encouraged by private advices of substantial sales of flour in the Southwest. Hedge | selling reversed the trend, after initial gains of 12 cent had been registered, but renewed buying again pushed prices upward. Private reports on spring wheat {were less favorable. The weather [map showed mostly clear weather in [the grain belt. Local showers and cooler was the forecast for Kan- , Nebraska and the Dakotas. Export business of 300,000 bushels lof Manitobas wae reported. And a little American hard winter wheat in store on the continent was sold, Corn prices dipped to new seasonal lows at the start, but subse= quently firmed on buying by cash interests, and some commission house demand reflecting strength in wheat. Cash interests sold 80,000 bushels of corn. Local grain receipts included 21 cars of wheat, 114 cars of corn, and {26 cars of oats.

LIVERPOOL, | WHEAT (Today's U. 8. Equivalents Based on Sterling at $4.87%) Prev, High Cloxe Clore

Low $ Si 3 834s 3 Bat $ 54% 58 5 58% 80% 0 80's

July get

3% B07

FORD PRODUCTION SET | PARIS, June 23 (U. P.).—The aaa. Ford plant under ¢on= struction at nearby Poissy will start | production next October of Rolls | Royce engines for the French Aig Force, it was learned today.

- po. u id Can | g : " oo BER, mal & a straf norm

seientitte Hering of eveglasses, scribed here by a Registered Sptometris.

DR. C. A. MANKER

(DEE CAN YOU | 2 SF 1 ANSWER YES?

you answer ‘‘ves’’ to clear visioh? norreading distance® freedom from eaven? We'li raise vour eye quotient to al comfort and healthfultiess with the ar

Registered Optometrist

LTR REE ny

With Offices at

Budd Mee pt’ Be Vo. 5 % both surplus and required reserves Shading : Burlington M | Th AE him oh wesk, LC |hery Fa 8 5 * loans and investment o e Ne ® Bu Tr :| York members also rose sharply, i | reaching a new record high. S 2 |Cal Packing ... %| The contraction in reserve bal[Callahan ER: Avy ; RE | ances of all banks resulted priey . | pny from ‘increased deposit aclah. Pacific .. counts. Treasury deposits rose fear C20 :$13,000,000 to a total of $941,000,000, Case J I pf while nonmember deposits and] |Caterhiftar |other Federal Reserve accounts Colatnte sD were up $10.000,000 to $977 000,000. joSanese pf +, | Also contributing to the week's deCent Tg 3 crease was a $21,000,000 drop in rejGent bP ‘I serve bank credit to a total of | Century RID 2 | $2,584,000,000. : Holames of U. 8S. Government ls direct obligations remained un7, [Shanken at $2,564,000,000, and no was made within the system's portfolio of these securi:

Curb Stocks

High Be A 33"

“| 1

N { Sterl Prod | Stew War

SCIRGLEVILLE HOGS GIVEN HIGHEST BID

Clarke & Temple Farms of Scircleville, ‘Clinton County, won the highest ‘price at the Stockyards here today, with a load of 45 Hampshire porkers averaging 212 pounds. The practical limit was $7.10, but the bidders were willing to pay $7.15 for the Clarke & Temple offerings.

HOLDS STEEL COSTS NOW ARE EQUALIZED

PITTSBURGH, June 23 (U. P).— All steel companies now are virtual |Ty ‘equal from the standpoint of pro- * duction costs and the new policy of equalizing prices at the main basing ‘points has ‘made mo difference in the competitive picture, Ernest T. Weir said today. Mr, Weir, president of the American Iron and Steel Institute and | chairman of the National Steel » Corp, declared that the only “sound it 'way” of managing the steel industry to ‘wipe out losses is to “sell at a price higher than cost.”

U. S. STATEMENT

WASHINGTON. June 23 —Government expenses and deonipts Yor the current fiscal year YhrouRh June 21, com- ; [Sarsk with a veas. 2 2

Ho.

WY A KI 4 SD LONG TIME RETWE EXTRAE QUARTS'

[Gity Citv Clark Eq {Cleve Graph ‘Br {Climax Moly Co Cluett Peab { Cluett Peab pf 131% {Coca Cola _ ....127 | Colgate P-P ... Teas Colgate vf .. 106g {Col & Aik Ces {Col & Aik of . 10812 {Col Fuel & Iron 14 {Col Broadcast A 19% Col Broadcast B 19; {Colum Gas _.... in Col Gas pf A... 86's {Col Carbon .... 90% Com Credit . 48 Com Inv Tr Se Ola {Com Solvents .. 10's {Comwith Edison 293% Comwlth & So 1v2 |Comwlith So pf. 85 Cong . Negirn, ... 233 [Eons Aircraft .. 20's ons Edison .. 31% {Coas Edison pf 10712 | Cons Oil [Container Cont Bak A | Cont {Cont {1 Chnt

; 's 2 2 Net Last Change 1, 1,

Low

i= Am Cit Ts | Am San B Am 4 | Asso SOE A 28 Can % | Celanese 1 ot

3% 14% 19 Tae

Hh [Fruehaufl len 1, | Imp Tob Gt Br 30 1, | Lockheed Air . 25% 1s (Nat P&L pf ... 877 3, | Nehi Corp . 45% s/N J Zinc 5593

‘8 “ 10% . 15.4 Va

2874 . 36% pate «223% 6512 Ny

a, | Sunray Oil .... s | Jechnicoly . 15%

Pwr A 1% d « Whight

3 Chicago Stocks

® | Armour & Co | Aro Equip Corp

15% 1V2

4 8%

[Connie Co vey {Crane Co pr . | Crosley Corp Crown Cork Crown Zeller Crucible nf Curtis. Pub; .... + uh n Ak A PLR ” oN a | Bastian Bless Curtiss Wr A .. J 53, .- 1, Bendix Aviat 3 A (Castle A M . 174 2| Expenses . ; eceipts

(U.

|Ravison Chem ' eere & Co... Ber & Hur Dev & R A. Niam Match Diam T Mot | Roa Seagz Doehler D Cast | Dome Mines {Douglas Air | Dow Chem Bunian Silk Du Pon | Duaues 5

: SW Ut Chgo Flex Shaft Comwlth Edison Elec Househd

Customs INDIANAPOLIS CLEARING HOUSE

| Mid West Corp { Midl Ut 6 pr lien ... | Montg Ward . Mt States Pwr pf Noblitt, Sharky No W Ut % Press Stl Sangamo Schwitzer-Cu Swift & Co Utah Radlo Prod | Zenith Radio Comvwlith Ed 3as 1958.

Wor

FOREIGN EXCHANGE

NEW YORK, June 23 (0. P.).—Foreigh exchange steady. Follo sing are noon eable rates on major currenc ates Net Change

Cable ngtan (pound) $4,868 3-18 . (80. go hte) 4.87 7-18 Canta TE 99%, France (franc) 6

Fast Air Lines ae

18% Ritingon, 118

Boat

| Elec

—.6000 7 is = 00

INCORPORATIONS

rmny (trvl mrk)

LOCAL PRODUCE

‘Heavy breed hens, llc; Keghorn hens, “|'Barrea nha ‘White Rock springers, 2% he and cver, 17¢; colored springers. 2V, 1bs. and up, 16c; Leghorn broilers, 2 lbs. und over, 13c, spring chickens, 2 lbs. and uver, 13¢: old rooster Nb. 1 strictly Fresh: country whuoEes, 11c; (each full cae must welig! bs. gross; a net deduction of 15¢ Th each [ull case

under 55 lbs, will Co ade) utter No. AEN ty % 2 , 20c ;

2575¢; AM iol A (Prices quoted,hy Wadley Co.

387% {End Johns ot.

ne. Pub S.... 10 I

Perfect Figures, 312. Tndianapolis, same address: 1000 to uct class 8% in we 5 oe

Billie Noster, N Mi Spear, Trea way

{Fair The Star Dental Laboratory, Indianapolis;

| Fairbanks digzolug on. | Fajardo 3 a vhe Benent Society, Ine. Ft. ‘Electric Mem-

Whe Re: dissolution \ Jackson Counly Rural bership Corp., Sevmour: amendment of articles of incorporation . Pitt Bridge orks, Pennsylvania corporation: amendment of articles of | incorporation. Globe Valve Cor Delphi; to Stephen ' Young, 1, DeHaven Engineer|

change Ron nt Soh 017 Mn Fctinr Building, Indian-

State Bank, New Bet pe Drea stock, 250 bi ' value

> he Bridgeport, Mac 8chin e Co., Delawnre corvoration: admitt o Indigha to i and rent oil and es well machinery and ciation, Inc. ares chinmoh

I 'supnlies. “| Younz Men's Homme of Huntingburg, 5 CA regis hie;

tT t St fife thr. 3 res ho par valde. ue;

change of Iphi. ) The HE i essler, nolis. Wanamaker Teo ganization;

CARY. | Preent-Sulphur 20,

|Gabrie |Gair

{Gen | Ge

1% sr

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Dy Rot . 1, h

Of f YO, har vale tnd, 320 var value; i chari

. 2) : = 2 tia; oh Creorge ®

MOTOR on

POPULAR OIL IN THE MIDWEST]

® THE MOST NOTICEABLE “DIFFERENCE” in Tso-Vis is thie way it keeps your oil level #p, and your oil ‘cost down. The samme refitiety processes that ‘make Tso-Vis so long-lasting, alse reduce carbon forming tendencies to a minimum —fhake Tso- Vis unusually safe summer protection for yout thotor. But ‘thie quality that makes it so popular is ‘thie way it Jasts! % Tty Tso-Vis yourself —and wee!

4 FINE MOTOR OILS 150.vis

: Thc 30caqe® in Bulk 25c aged QUAKER STATE incans 33cayge POLARINE © © in bulk 20ca ge* STANOUND © in bulk 15caqe® “Pls Taves (Prevailing dealer prices) ¥

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