Indianapolis Times, Indianapolis, Marion County, 30 June 1939 — Page 25

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THE INDIANAPOLIS TIMES

FINAL NEW YORK STOCK QUOTATIONS

Bv United Press

13 MOST ACTIVE STOCKS High iw he tae DOW-JONES STOCK YERYaES fo EB i: sine 1% 8 — la 30 INDUS ex pt . dis 4 y + 3 3 , +038

Stations { 5 - 1 2.3 al FR 155% 9 2 | Yesterday .... 0? 2.98 Nowe. Duis Clouar |

2 aash “es . CRC ROR Zee III mae Jos Short Covering Takes Part Wifthes i % &me Mrs. Miller Sets Her Yearly 13s * Year ago 33 +263 : ee 1Gldy ; ; | Mies 10m, ISAS Low, 12144, Of Losses at Close in |i Estimate for Nation at Chicago Pit. 672 Million Bushels.

FRIDAY, JUNE 30, 1939

OFF 10 CENTS: | le Hy irregularly today in Net uiet trading with an improved] Hizh Low Close Change fone or near closing time. [Loft 103¢ a Jos 3:3 7S ber ... 301 bE 3% = 3 Bonds rallied toward the close. re > a “oh n

| Wheat eased a cent a bushel and gen murs ,.... 41% 41's 41% + | cotton futures had losses ranging res Mrs 1 1 o to 80 cents a bale. |Hupp Mots .... ; 1 1%... Mullins Mig B . - : 3 4 14 The better tone prevailing on |Comwith & Sou th ot ne aie | “ve 7 ’ | inancial markets late in the day| 0 tt “tt 0 Ge eens Nash-Kely was ascribed to less disturbing re- gen gi 325% 32's 32s Ni} Acme ports from Europe. Also legislative | Radio Cp 34 33% Nat activity at Washington picked up Comwith Ed ., 20 2813 28% Nat Dairy 1 and added to confidence. nt Tel Tel... 5% 3% Ms ..., Nat Dany pf B 112 5 i Na istille Earlier, many traders lightened |U § Steel 42% 4 + ua Di ost h p ai at Gypsum Iagpeatea venaipus Sh n ol long accounts moderately to be in|Bep Steel .... 13% 134 13% Nat Met 2 ar) prices down here today and the 0p ,54 shape over the week-end. The &L glipped another dime to $7.40 after market will be open as usual to-

a similar drop yesterday. {morrow although all commercial | previous session. Curb stock sales The Agricultural Economics Bu- banks will Je Cg oF A a were 94,000 shares compared with reau estimated that offerings, which Ear Bold on Taniay y ior! 140,000 yesterday. totaled 7489, would be among the 3 . 5 : . - “ tL . et NYC leaders in the Middle West circuit. Ee High Low Close Corrs BE it Weights above 160 pounds took a : Net [Erie 1 p Se 2% | NYC Omnibus 10 to 20-cent decline, weights over 3s s Chane Ex-ceil 0 2 - Is Abbott Lab ... w= 4% "M80 suffered a full 20-cent drop and|igams Exp .. : : / hogs below 160 held steady. 1A] edue ce Veal was firm at $9.50. {Alleg Cp pissow Earl losses of 10 to 13 cents on; Allee ld packing sows broadened into de- Allen Indust ... elines of 13 to 25 cents later. W ith- | Rhic8 i in an extreme range of $3 to $6.23,] A chal o most good 350 to 550-pound SOWS anal Leath ... cleared from $5.15 to $6.25. [Amerada ch The usual Friday cleanup trade | Am in the cattle division developed on|im light receipts which comprised] i mostly cows. Not enough other|{m © classes were on hand to test values) Am i fairly. Low cutter and cutter cowS!y\m Crys Sug. gold easier, these having shown) (im a) Ti, some decline in late trading vester- Amar Pw 86 pf day. Prices ranged from $4 to $5. AMS Pr mostly $4.25 up. with common and!/Am-Haw SS medium cows $6 to $6.75 and good {Mm fe & fat offerings quotable to $7.50. Most Am

steers were ay lot kinds Am

WHEAT OFF ON Corn and Wheat ol] OUTSIDE DROPS 2.x

Precipi- State of tation Weather

NEW YORK, June 30 (U. P.).—

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High, 1939, Lafavette High, 1938, 138.41; Low, 98.95. . Cambridge 20 RAILROADS Vo amue | TOARY ...ovuiansennsnneniiann 25.83 Paoli > | Yesterday 25.99

Wavns .... LL, olis 8 a -0. CHICAGO, June 30

Offerings Among Greatest In Midwest Circuit; Veal Stays at $9.50.

Ay CHICAGO, June 30 (U. P.).—Mrs. Hazelton, | E. H. Miller, private crop expert, to« day forecast a wheat crop of 672 million bushels in the United States Lone | cOmbined to depress wheat prices this year and estimated corn pro= —0.55 more than a cent on the ChICABO| near No. 2 red. 22G72'sc: No. 3 red |QUCtION at 2,530,000,000 bushels. Thi Bonn of Trade today. 89c; No. 2 hard Jough. iL) 2 veliow | Last year's wheat harvest totaled +003] Scattered short covering erased iii; No. 2 mixed tough. 70% 14a. 931 million bushels, and the corn +0.9 part of the losses in the final hour, |Wheat—Old: No. 3 vellow hard tough, Tic; lorop amounted to 2,542,000,000 and at the close wheat was off % | ¢ No. xé e: No. 1 vellow, | bushels. Tons 10 IA Sis, July oe 87} 8 ye " on 2 yellow 45 40%c; No Mrs. Miller's current estimate of | ‘as 2 3 Mt, YR, $ ‘hi 1 y ce ohn 24 St bur 5 con tower, i, nf Gl poe, pcton bn 4 ml 3 up JULY %s as 114 ; 2 en 5 mention to deine], Bight we. wasn ma 5 milion bbe or pring win

15 {grain on July contracts were to be| Sov TL yellow, YS loose, | Placed winter wheat production at

i Ca = Lard : * polied i I Th of Same: $5.10; leaf. $5.12n; bellies,’ 36.28 523 million bushels and indicated fed 000 Roel on July wheat contracts spring wheat yields from 145 mil14] encouraged substantial liquidation. RANGE prev 0 10 170: millon Dushels; ; Other market factors were pre-| Wheat— High Low Close close] Mrs. Miller said that during the

(U. P.).— | Ietre Haute ... - . »}= Evansville ..... 82 . Liquidation of July - futures, weak- | Seymour, 138; Berne, 1.06: ness in outside markets, and a :

favorable crop weather forecast

High, 1939, 34.33; Low, 24.14. High, 1938, 33.98; Low, 19.00. 15 UTILITIES

CHICAGO GRAIN

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Stock sales approximated 600,000 shares against 820,000 in the

Yesterday Week ago Month age Year ago . High, 1939, 26.52; Low, 20. HH. High, 1938, 13.19; Low, 15.14.

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‘2 dominantly bearish. Less political Julv =. .... 8.01528 2004 8 70% 8 Zh5: {past month “good moisture was re “1,/tension in Europe stimulated |December .... .74f aire M3, Tava ceived where wheat was deteriorate 15s | losses of a cent were registered. July eee ATI 487 467 pts » (able irreparable damage occurred Minneapolis September ... 43: 48% 48a 49% pefore the drought was broken.” iL wheat prices were relatively weaker| oats— {1permeld of .- 1,, under liquidation of July futures July coon 3278 million bushels compared with December ... .32'3 | 1,054,000.000 bushels in 1938, and a Thom oun: 1s! The weather forecast indicated| Rye— TID) AN: 4 IT hi ‘4214 lagainst 55 million bushels harvested I Pransamerica grain belt. December ... ‘494 last year. RE Mrs. E. H. Miller forecast a wheat 20th °Ce nt-Fox 18% crop of 672 million bushels, some- July oer . ctober ion FIM Ale it had little effect marketwise, Lard BAN MARGIN TRADE gnion Mont Le y Local shippers sold 46,000 bushels | july i ha a BY MEMBER FIRMS | Unio ath October Unie Ga : Corn futures sagged to new seas-|December Pacific .... Bx pf. .. 5! . Ce , 21 contracts in anticipation of tenders Air Lines: 101; «|0f around three million bushels. AL GRAIN Partners of New York Stock ExBiseunt 17% LOC G change member firms dealing direct | United Cv of 34 © duction at 2,550,000,000 bushels. Lo- CASH : ynied Deus. 3 cal shippers sold 47,000 bushels of| "0s 2 aed Ko Hast (from trading on margin after July [ERE Poa aed Bedaestic No! 3 hard. 15, according to a rule announced Us So bv (taled 33,000 bushels. Corn— Weak. receipts 40 carloads: } dof The rule, passed by the Board o : : » collow, 4015@d1'2¢. white ’ . carried oats prices almost a cent aac; Nob HON. ed corn la@2isc | (Governors at the regular meeting (lower, despite a bullish crop esti- under vellow. Lard futures were easy. 301, @313.c; No. 3 white, 28% @3 the Exchange's policy of voluntarily i SST sheet cot —_— adopting changes desired by the Se= Indiangpots grain elevators are vaying| M : 0 h ‘ argin accounts now held b The ‘ollowing quotations bv the Indian. |f0r No. 1 red. 62c: other grades on their | 't 2 d t be closed out sd ‘14 |apolis Bond & Share Corp. do not repre- Ha Ty partners need not ne clos 1a indicate the approximate arket 3 : > | based on uring: and selling actations of must be of a liquidating nature under the ruling.

Jd 1=| selling of wheat at Liverpool and| Corn— |ing in the Northwest, but consider--and Kansas City December .... 50% = .43% She predicted an oats drop of 894 3 317 323 1 1s { Thompson Pr sland hedging pressure. September ... lla 30 3% |rve yield of only 38 million bushels Timk-D = fair conditions over most of the July Trans & W Air Soybeans— 1M caitFor BL what under trade expectations, but |SSLober {Und Ell 3 Sy Abr we 3 es 733 svi Ql Cal..... 3 ) Deo 4) onal lows. Traders liquidated July |’ Atied Ta ) = Aha Cp 3434 NEW YORW, June 30 U.P. [58,2 Se Mrs. Miller estimated corn proly with the public will be banned os Ble Wheat--Easv, receipts 6 carloads Un ®l Coal EE : ed, corn, and purchases—to arrive to-|No. 1 hard, m Mer & MIg. 3 : oo : N .|today by the Exchange. (5h Y= me | Active commission house selling|2 yellow 42';@43!2c; No. 3 yellow, ge Oatz=—Easy, receipts none: No. 2 white, Wednesday, marked another step in mate. 30¢. ® WAGON WHEAT ti : ; on LOCAL ISSUES curities & Exchange Commission. merits. Cash corn, new No. 2 yellow, 4ic. 55 sent actual sale or BR but fore July 15, but all trading in them 34 recent ransachion

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INCORPORATIONS

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Recrings. 73%) 750-1100 7.00- : Feeder and {Atlas C fe Heifers | Stocker Cattle neh, fo Choice— | Steers | Ln Nich %50- 900 $ 8.73- 9.50 Thctee Aust Nich A Good— 300 $ 9.25- 930 yyiation Corp . 136. 900 . 9.00- 8.50 300.1030 © 8.00- 8.30 Aviat Ris : Madium— y

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15 28s i Sher Klerner Furniture Corp., New Ale iba change of agent to John A. Cody i Ei Via5 Elshy Bldg., Albar 12] Midwest Transfer. Inc., 520 Illinois Bldg., Indianapolis; agent, Howard Ellis, same 31a address. 1000 shares no par value: general ay Harrv Ratner, David Ratner, | Milton Natner. 2 Attica Lyvthia, Inc.. 100 shares preferred and 150 shaves common of $100 par value; 1103, {mineral water business: Wm, H. Ritchey, AVE E. Allen. Floyd Snvder. i2| Edgar L. Brown. Franklin, registration ig fof trademarks ‘‘Great Heart Coal” and {“‘Hatfield Dana Coal’'—Class 1: coal. 16% Morning Milk Co.. Salt Lake City, Utah, ration of trademark labels: “June. Finer Flavor’ and Maing =Class 433

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Bonn ah Y CHIC AGO LI LIVESTOCK | Eon ELE, Hozs—Receipts. 6000: weizhis 210 lbs. Borden . down fairly active: steady to 10 cents low- Borg-Warner er than vesterdav's average: heavier hutch- Bower . 2a . ers and packing sows slow: mostiv igtll 2. o . cents lower 1:00. $7.40 bulk good and | Bdgent ass choite 180-230 lbs. 3 Joa 1.35 230:-200 lbs. Briggs 6.659 7.10; 190- 3501 butchers 73; good 325-1530-! gf Th @5: lieht in heavy sows II s, . Th y meager receints all killing classes cattle runs 56 + prices mostly steady; few loads and Iots Bie Sieers around cashing from [email protected]: com- Bu te medium heifers, $7.25%8.25 feq | Bucd hy or. nat lacking: odd head beef cows. $7 and | pudd Wheel slightly above: most slaughter cow kinds! go a heel to sell {from $666.50; law cutter and cul- Bulova hh M ters, [email protected]. few 85.73: weightv sau- Burlington ) g3g8 bulls ta $7.40. most sales, £7.25 down ENE {et to $8.25. selected vealers, $10. bulk down- pur TR Of © ward from $9.30; stockers and feeders vir- | puller Bros tually absent | Butler Bros pf Sheev—Receints. 1000: active: strone on Luite Cop_ xz all killing classes: native spring lambs to BYeIS. A . ackers. 3104 Jo 25: top, $10.40 10 small | | Byron SAerson .

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bi NEW YORK. June 30 (U. P.).—Foreign| | Noheisyifie 3 usp 8) en a exchange lower. Following are opening ELINED Men’s {Pub Tel 4130, 55 .... ae noon closing cable rates on nae, or | Pub Tel 4157 5 cir rencies: And * | Richniond Water Wks 5% 49. Cable Rates Change | EPAIRED Ww ’ | Seymour Water Wks 5% 49. .100 : England ound) ..84.68la —.00 J 16 | TTED omen $ IT jisute Jater Yi 3% av. g 02 En 50-d a rate). Si 18 —% 18! zFl Clothes aute ater s 67% ves Cana a (dollar) .... .28 - -— is Tract. ang: Corp France (franc) dears . y+ 47 | L E 0 i TAILORING CO. *Ex-dividen Italy tliray . . By M. P. Crist & Co.) Germany (mark) . 4013 40001 235 MASS. AVE . | Market st. Investment Corp. . 20.57 20.78 Germany (trv. mark) .2295 -=.0020 !

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ty drv-fed clipped lambe. good to choice 78-1h Cal Packing . spring lambs $8.50; na-| Callahan Zine tive slaughter ewes, $2.5 [email protected]. | Calumet &

OTHER LIVESTOCK ti Nie

i Can Paci fic , Ind. June 39 (U. P.).-}Carriers 5° Ben to 25 cents lower: 160-200 Case J I : 200-280 lbs. $7.05: 7.36: Caterpillar T 260-325 Ibs. $8.60 6.90; rigs $6.75 down; Celanese . By ig $5.75 down; calves, 3949.50; amos. Ne pf . 'n. { 1orex y oY ——— | Cent Funder x ti PT. WAYNE. Ind. June 30 (U. pent DLL D Hogs—Ten cents lower: 200-220 ibs. $7.20 Cent BR NJ 180-200 Ibs. $7.10; 160-180 Ibs. 37 550. Cent Hl vhice 240 lbs. $7.10: 240-260 ibs. 37. 260.280 gone a . $6.90: 280.300 lbs. $6.80: 300-323 lbs. CRUTAIM-IERC $6.70: 325-350 lbs. $6.60; 140-160 Ibs. $6.60; &naNa. Cab 100-140 lbs. 35 50. | Ch or OUEhS, $3.25; Stags, 34: calves. $9. Fnac lambs. $8 50 2 2lves., 59: ches & Ohio Ch a bp Ch MSIP&F of

ADAMS FIRM VOTES &.-*

City Stores .. . Climax Moly Co Cluett Peab .. Coea-Cola , +v:. 14

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THAT DECREASE WITH DISTANCE

Good in Both Coaches and Pullmans

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THAT'S WHY HE CAN DO a FOR YOU SO THOROUGHLY, SKILLFULLY, QUICKLY £25% =i

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1 5; Sid 12 {Maytag 1 or. 3, | McCall Corp ... 1 | McCrory vad a | McIntyie Pore 1, | McKeesport... | McLellan St ... | Mead Cor 3 | Melville S | Mengel 1st pf. | Mimai Cop .. | Mident Pet "nl Midland 8t1 .. 15 | Midland Stl pf . 1, Minn Hny . 53 {Minn H B of

DEHEIEL

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Col J. D. Adams Manufacturing Co. | & reported today it would pay on Aug. 1 a 15-cent quarterly dividend on Ch Piotires v common capital stock to share- Col Carhon holders of July 15. 1939, record. The & av Tr .. e« board voted the return Wednesday. Com € The Adams company is in the road Samsih Faign

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building and maintenance machinery business with offices at 217 S. Belmont Ave.

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Cans % cons cons Baisonpt 1583

Y Cons Film ‘ ur tocks Cons Film pt Cons Laundries Cons Ci Net Con RRCuba pf High Low Last Change Consum Pw pf 1 $e 314 {Container 109 1 — {Cont Bak A ... 23 ok {Cont Bak B.. 13% nt Can Ye {C Cn of... 1 25 $ .... Cont Int . Se Mont . Oil Dal

PL)

“il U.S. STATEMENT

s 1 1 WASHINGTON, June 30 (U. P.),—Gov{ernment expenses and receipts Sor the jcurrent fiscal year through June 28, com- | 12| pared with a vear ago:

This Yea . $9.155, 495, 034 5

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1s Expenses 13! Receipts | Gross Deb. . Net Def ... Cash Bal ..

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REST AND ENJOY YOURSELF with complete freedom from responsibility!

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Now pay less to travel in Examples of New Low Round-Trip speed, safety and comfort by Fares from Indianapolis train! All you do is buy a round Return Limit 60 Days tripticket. Whether you go a few Round-Trip Fares Good in Coaches miles or hundreds, vou make Ou SE

from substantial savings! The rate per ig to... mile decreases with distance. philadelphia

Clearings Debits Washington This is true of Pullman as well Pittsburgh

K 00D PRICES as of coach travel! In addition, Cleveland

CHICAGO, June 30 U. P.).—Apples- ) Cincinnati

|Lllinais Transnarents bu. 75c@ 31.10. Sweet | ’ : : : Pot itoes--Tennessee, bu. hampers $1.207 | there'sal0 percent reduction in Atlantic City

. Carrots—California. crates 8263.25; | - i ! Buffalo Spinach—Illinois.. bu. 50@63¢c. Tomatoes— one. way fares in upper berths! Boston Texas, lugs [email protected]. Caulifioweer-— Washington, crates $1.90 3,2. Michigan, square crates 50% 65c. Idaho. hamvers $1.50@ 1.95. Onions (50-1b. | sacks) —Texas vellows, 85c@$l; California vellows, 95ca@$l1.

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new low fare

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LET ANY STANDARD OIL DEALER

GIVE YOUR CAR FREE "PHYSICAL

te insure trouble-free driving over the “Fourth” AN PRACTICALLY NO-TIME-AT-ALL a Standard Oil Dealer can give your car the checking, adjusting, and replenishing it ought to have before you set off on another trip. The check-up is free. ® Standard Oil Dealers offer this special pre-holiday service because they know how much “grief” it may save you—and they consider it their business to conSEE 2 COASTS, 2 rars—-$Q9 0 tribute all they can to your safety and comfort on the road.

30 Al / os Prom your home town to New York and San % Note the specific services available free. Consider their | 8) don 4 Francisco... snd home again! An amas wring value to you. And by all means ask your Standard Oil Dealer | Elec Boa ioi0-3: average equals 100): Elec & “Niue 1 nd 3's

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Rounutrip Fares Good in Pullman Upper Berths (Plus Reduced Puliman Charge)

FP apbli to... new low fare YOU SAVE New York $39.90 £5.80 Philadelphia 36.00 7.30 Washington 33.5% 6.65 Pittsburgh 19.30 3.00 Cleveland 15.00 2.10 Cincinnati 5.90 .70 . fitiantie City nas 8.3 NO LOST SLEEP...and remember, there’sa LU/410 tie : new low rate for upper berths along with Boston 4598 35 the new rail fares. Also worthwhile reductions In round-trip rail fares, good in all other types of Pullman accommedations. t Slightly lower 30.day coach excursion fares are in effect to New York during the Werld's Fair.

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LOCAL PRODUCE

Heavy breed hens, lle: Leghorn hens, 8c: Barred and White Rock springers, 2': Ibs. and over, 16¢: colored springers. 2'2 Ibs, : . 15c; Leghorn broilers, 2 Ibs. and ve . spring chickens, 2 Ibs. and over, ; 5% ; ht TooslerS. i 1, Dome Mines .. 35 3 1; k strictly fresh country run eggs, : oF Tw } ach full case must weigh 35 Ibs. | Douglas Air .. 3 x 2a 270ss: a net deduction of 15 cents for each Tull case under 53 Ibs. will be made.) 5 Butter--No. 1, 26';@27¢;: No, 2, il |28c. Butterfat—No. 1, 20c; No. 2, 18c. Prices Sune by Wadley Co.).

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- rd COMPLETE 5 MINUTE CHECK-UP Covers these Trouble-Spors”

1 Check tires. 2 Check battery. 3 Check radiator. 4 Test spark plugs, lights. 8 Clean windshield, rear window and headlamps. Those services are all free. Your Dealer will also: © Offer expert chassis lubrication, Z Suggest a full supply of long-mileage Red Crown Gasoline, and /ong-mileage 1s0-Vis motor oik

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DAILY PRICE INDEX| "°°" = -

NEW YORK, June 30 (U. By gest R Mill

y I" Ea K 2 “- Dun & Bradstreet daily weighted past Kodak

» price index of 30 basic commodities. | Elec Auto-L ...

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plus reduced Pullman charge). Ask agents 20 @0 these things for you before the week-end! Yesterday «.....ovi0vi0euiae 10570 Flee Bt. Bat Coe 28 , Chey TYPEWRITERS

or complete details, p Week ago ........... esi 10827 [EISLER gue it ELH RU SEL)

Yew wo LL de poly EASTERN RAILROADS rg ALIN TTT

Set sree R. 105.63 | gn Johns . 0 n 08 +3 Qual y ats i Baltimo & oni Contra Chesapea Ohile Lackowen 1 Hign (MY 26) .vevuven HH 88 ot : se WOORLTOSE Tri waites CO. Delaware & sate Fn Loh Vek © ek Com Rkal ee

THE SAFE WAY is the RAILway!

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