Indianapolis Times, Indianapolis, Marion County, 10 May 1941 — Page 9

SATURDAY, MAY 10, 1041 ED - og ones Ty Tr mE EE 3 TRE ETI ZT ¥ = | BRITISH WANT Editor to Speak STEEL SHARES BUSINESS el EET] TANKERS NOW gfe | LEAD A RALLY

Venezuela, U. S. May Re- EL | Sudden Upturn Attributed By ROGER BUDROW ii place Supplies Coming : | | To Short-Covering

From | ields. lta ions. THE FEDERAL RESERVE BOARD IS HINTING that A : wt I a 5%; ay Fields : Operations it might be a good idea to clamp down on installment buying # - A - ® “30, By JOHN W. LOVE : NEW YORK, May 10 (U. P).= : SAE

Bigger Down Payments, Higher Taxes Suggested to Reduce Auto Purchases

’ . . . I " " Times Special Writ S Steel shares led a vigorous rally in of automobiles. Nothing definite has been said but the board &; . i w ASHINGTON Nay Ti The| : the stock market near the close to= a i “« sks? 4 , | : ; wi : day. Trading increas says it is making a “survey” and will let Congress and the : : little war in the Middle East, which | gf vi ke ne ed after early Administration have the results. = Yo, ; ENEZ UE : : may scon be joined to the big war p _ U. S. Steel rose to 54% up 1%; Only recently Federal Reserve Chairman Marriner S. £2 0 3 in the West: whe suaden kinks in| {HE Ee a LE Youngstown : WA. \, no ond pi i e 337% up 1; and Cruci« Eccles told the U. S. Chamber of Commerce that any exten- eR” | x Sans TNO RSH he HES Lh NE ble 39 up 1%. Anaconda was up sion of instailment selling now might have an inflationary CRY Sot Yeu, 9 her Ne iverianesh Seth J L | mearlya point and American Smelt . E ei : ” and the pooling of 50 American % | i ing more than a point. effect. On the other hand, he said, if installment selling tankers in the service of the Brit- hd kp Lytle led motors higher, selling were curtailed now, it might provid acklo rchas- i i QB po | 58 up 1). General Motors rose g p e a b : g of pure DUTCH INDI 3%) ish are viewed here as parts of the | = \ % ES a point to 39%. Oil shares were ing power to be used when the emergency is over and the € same world-wide swirl in petroleum strong and active. Government begins to cut its spending. " : > ha or Bhua, Su ie aie i ga} = poe “had s effects back up on the steel e Chicago Daily News, w S~ Int. Railroad Shares na Later, Mr. Eccles told the House The oil of Iraq, center of Near East warfare, is merely a drop in the barrel compared to total world pro- industry, which is to be called upon | cuss the foreign situation in his | Advances ranging to nearly a point

Ways 2nd Means Coniffjice da T0P PRICE FOR duction. Even if it is lost to Britain, she has other sources, but they are more distant from her battlefields. | to make more pipe to build more in Santa Fe, Great Northern pres

automobile sales ; OT: address at the Indiana Bankers , ; nations, with cents of world action, and st U. S. | American pipelines to take the place : ferred and Nickel Plate preferred. could be cut by | Map shows annual output of major petroleum wr production bigge of tankers, as well as steel Bee Association's annual banquet at | The sudden upturn was caused

Tr ~ all | to build more tankers. This demand| the Claypool Hotel Wednesday | mostly by short covering by traders car sales. Price for additional steel is part of the| nigh. unwilling to risk any favorable de= Control Admin- 3 reason for the upj\ng in estimates velopment marketwise over the istrator Leon of the amount of American steel week-end. Successful British raids

. capacity to be needed. of German cities also aided the RH Mh Quotati A the S By UNITED PRESS The British appeals for American ' makice joined the stock xet in uotations Are m TOC net [tankers coincided with the rise of ’ Bonds jone € stock market 1 i would | a e High Tow Close hae DOW- ED unaurs High Low Close Change | German threats and the Iraqi re- rising. Rubber futures soared be rroon to As Yesterday and ; Tony +ro8|N REPL ust opr i; 1 "ay | VOIt, but it is believed the appeals nearly a half cent a pound. Cotton, ” Adams Exp .. bl ih on tN vA 1646 L042 Amer ...... 12% 12° 15 | originated in the necessity for find- cottonseed oil, coffee, rubber, black cut down on Air Reduc 39% y viele esterday ......u0veeWniee 1T6, , i : : 52 5 ic . er. and sov beans made new : The Day Before Alaska Juneaii 4 eee | WA 5.32 0.49 2 us i* | ing more tanker tonnage in general pepper, y : automobile sales. | . Sf " Vive | WEEK BARD .uuiiiiiiviveesss T1532 40, Avh... 13 12% %y { 1 highs. Wheat at Chicago Another Way ES oD % 8. 1 Ja Month Age .. 60 —1.06 No Paci i Cree Lae .. |and for shortening their routes, re Nas "> S. ; oa Ei ge Roger Budrow : owl HOG PRICE RANGE 22% ) [Year Ago 85 —0.08 | NO Wich Pha 2 T “Alrather than directly from the threat made new tops for the season might be to re-| Top Weceipts| Aa Som oe BB, | High (1941), 133.50; Low, 115.30. Yh Poa, RS to the oil of Traq and Tran. Buy One at 54th, College; then eased to minor losses on quire the buyer to put up 60 per) Ip. Neck Al Lf High (1940). 152.80; Low, 111.84. ; profit-taking. cent of the full price as a down pay- yay 4 serene eee . oe) : Open New Routes Build Another at 38th Pittsburgh reported steel produce ment. That would stop a lot of ma vg in : oo pi 0178 The British are already doing tion schedules for next week at people from buying.

x , 99; per cent of capacity, a gain Ravn 9.764 ! esi . The point of all this is that auto- ed hha ah part of what James A. Moffet, presi And Keystone EN. a

mobile production competes with the |g. 4 nn +939 ‘ The rise attributed entirely to ree output of armaments Dc heii May 10 ; Lao A sch. Ss. 2 3 an ooh. Hon: War, advises—giving up some of their eS 2. ky SN nced | THe tee of soft coal mining ups kang a ed Ct Mi | Hog prices at the Indianapolis | AM BR 1%... | High (1980). 32.6%; Low, long tanker voyages from Suez and St. and College Ave. and plans for ferstions, <Q a a The other reason, says the Federal Stockyards today were the same as Chai Fay, 3 2 «| Tod *h UTILITIES the Persian Gulf around Africa.(a new store st J§th St. and Rey- iol rate of near capacity was Reserve, is that the auto industry they were yesterday and the day Ale ax ORIN They had been making these runs Stone Ave. foreseen. is a good place to start on curtailing before, the Agricultural Marketing |4 & : an ye RA aA since some time last year, follow-| The store at 5377 College Ave. time buying (to prevent inflatior) Service reported. Am & FP 2 2% ing the closing of the Mediterranean | Was purchased from Ray Fisher for

. . . ‘ Month Ago . because half the nation’s install-| The top price paid in the light | m me Pr we sea to heavy traffic. Now they are an undisclosed amount. Cecil Fit- | A N UT to get more of their oil for their|zer, formerly assistant manager of

Year Ago ment buying is in that field. Saturday trading was $8.75 for good | - 12 12. .....| High (1941). 20.65; Low. 17.51. a ; fleets, ocean and air, from Vene-|the company's No. 1 store at 1201} . zuela, and are opening their sum-| Madison Ave. will manfge the new IT 1 AKING mer route to the oil of the Illinois| College Ave. store which .is being -

Nothing official has been done and choice hogs weighing between | 3 bt SE High (1040). 26.45: Low. 18.03. about it vet. But these remarks by 200 and 210 pounds. Today's re- Am Mach & aly Mr. Eccles and Mr. Henderson just ceipts included 50 cattle, 25 calves show which way the wind is blowing. and 1500 hogs. field, via the Great Lakes and the remodeled. St. Lawrence. The new Haag store on the south- CHICAGO, May 10 (U. P.).—All The cutting of the Iraq oil supply | east corner of 38th St. and Key- deliveries of soy beans, corn, and y | to the British, temporarily at least,| stone Ave, 35th in the Haag chain, May and July wheat moved up to Sthn Pac... 108 18% 12% 127% f "gu, | 18 believed by military and naval will cost $11,000. The one-story, new seasonal peaks today on the Pure Oil ... ‘9% 10 9% 9% 4 | | Pitts Si or of. . : 3 | men here to be less dangerous for 62x40-foot structure is being built [Board of Trade. Profit-taking sales |N Y Central 83 187% 13's 18% + 1 Blvm a , 8 3 | the present than the possibility that of red brick and faced with struc- [on the advance, however, wiped out Socony Vac. 9% 9% 9% | 10% % - 1: the Germans will get control of it. tural glass. 'much of the gains in the final hour, Sel hidte. e? —- a } Tw Procter & G ... Bos BP 50: a *| Should they do so, they would have There will be two entrances On| Wheat closed off %» to %c, May Water W.. Ch Rutber > ig vii a ol Pub Serv ves ath i» = ah their own difficulties in transport- | | 38th St. on the east and west cor- (g77cc. Corn was up « to lc, May 1 er p hat 1 b Medium. Waalen Ohi oil .. 9% 9 yy neg Ol... by, r ling the oil, but if they solved the ners. The structure will be in- 791, @%c; oats up '% to oC; May built on every area that has been Wevium- 0 Soolen bf. 56 North ie. Bi Wk Su ww urity Bak .... 11 107 = problem they would have all the sulated, air-conditioned, have ter- gg. asked: rye up 7 to off 4c; May I a Packing Sows | Ancona 26 5. 8 | Rtchion:... 56 26 Us xy —R— |oil they needed, certainly if they razzo floors and fluorescent light- 51% @ '5¢, and soy beans up ’s to state would be cluttered with them. Good and Choige— Anac Wé&Cable. 30 : |B & Ohio pf 48 7% 6% 314 Radio ... «+ 3% 3% 8% + hladded the Tran supply farther east. ing. J. Edward Clark is the archi- | ga, c, May [email protected].

V - 70- 300 « . | Armour Del pf 110% pS 4, " ‘ 1 Nevertheless, the news of a proj-) 2ib- 30 pound. ‘00% 8.15 | Armour Til ... 4% 4 To a Kehmecott.. #2 35 sem 85 7 | RY Sec Til © “ox gle A : + "| Por both Iraq and iran, old Meso- | tect and B. C. Waltman is the con- e—

ect often le=ks out before Washing- | 390. 360 Sounds -~ ‘10 | Armr TI pr pf 55 a * | Ravenier 0 gi Px ; } . os | Reading So 35% 15 ! + '% | potamia and old Persia, are still tractor. RANGE ton is ready to buy land or sign Geed—_ Atmsigon Ck 3, Bs Bn | Stock sales approximated 380,000 Rem Rand 8% Bw #1 hat Admiral Lord Fisher called| The Store will have a 50x200-foot contracts, with the result that costs | 400- 450 pounds . TT5@ B06 | Al ' Gs 82 shares compared with 200800 a Reo Mot vic ... 1 1. 3 ; “Ap i sarking lot and curb service. Paul : 1 300 pounds ‘85@ 7.00 | pf 853% . Republic Stl ... 18% ? « + 3% them in 1913, “Areas of immense J g lot a ; Thy are sometimes higher than first 82 chison Son obs a: >» week ago. Curb stock sales were Republic Stl pf. 1005 002 2 .... |gize reeking with oil.” | Reichel, now assistant manager of | 5 . " planned. That is what is behind | Mo50- Soo pounds . Xx : “ie Ove J | 47,000 shares against 41,000 in the [Revere Rp - 3 BB Bl | the store at 950 N. Pennsylvania St., Nay . oa 4H ov the War Department’s announce- Staughter Pies Al : I jar fe + x short session last Saturday. ) vf en Parallel to 1917 will manage the new store. a ™ = . it wan't re. | Medium and Good— { of. ow ; - ey | Rey ; . 63 3 % + { a wig a a HOw on - pont r'e- | "90- 120 pounds ...: 4 i Ree 2 3 Net v oe an ~ 1} In these weeks when it is being | Ee — veal any details on sites for Army | : 0 E.R 3 Richfield Oil ... A 3 " . : e Corn— and defense projects until contracts | CATTLE | Aviation Corp.. 3 ! i a i al 5% 2 I 4 Uo) yeaiiasy thE, Ciiinvi NES TOW GoM IMay.. mu 78 nd d e projects i THOUS [Siugtiter Cutie & Venters ‘Redtits . out Adv .. 4 4 3 on Rustless 1 & St. . 1, everything short of war, those who fre Sify, approved by President " pts, 3 lei i Br Mk, bt §% 8% ...., remember the events of the last! | July... 12% Rooseve ory | Ba 0CO Ct

[ Chotce.. . 1, 39 I ad Shoe .. ... 2% 9% 8% : |war are noting some coincidences. | ; iE | 900-1100 LH Ey 1.00813. alt 5 Ohio ot T% OE " + | To A “ Eon 7” = n 5 Jor Lead Uo 30% 30 301 A Early in 1917 the German U- boats | RAILROAD RETURNED Re —_— ODDS AND ENDS: Cotton trad- 1100-1300 pounds [email protected] | Bangor & Ar UE Sth hire E 12 e (SApaEe AS... EN 2 wo | were concentrating on attacking oil | Oats— ers in England want to set up a 20.100 DISRENPS * wi i, dall cad WE ] |i Bros ... 6% ) Soo Pap ..... ...._|tankers. This year one of the trade Federal bankruptcy procecdings| ny . BT poal 5 shave Profits S050 Wi Oe | Iie Voom: .u. 30211-390 Ba NE x 35 ve (Cidden {Beans Tearstick journals reported a similar spe-| wan 1 (New) 35% pounds ~ 10 ; 3 % | Glidden pf | Sears Roebuck. . 2 | against the Indiana Railroad have| jy Government on all cotton dealings) 1100-1300 pounds 7 : Vs | Goodrich |cialization on British tankers. The | E | (She) 5% oh Se so they can stay in business despite 1300 S200 ‘oounds 5 35 : % | Goodrich pf {s| danger to the Allies’ oil supplies in | been dismissed in a Delaware Fed- Ses 38% 38% h Government's monopoly on imports | 750- 1100 pounds ; ; Steel 4 70 13 Granite c St. * late 1917 led Georges Clemenceau to | eral District Court and supervision (New) 34% 35% 344 and distributing of raw cotton. . . .| 1100-1300 pounds 5 (Grant WT ?|appeal to America for tankers. |Of the property returned to Bowman Sept, ~~ = 35% Standard Oil of New Jersey and |Elder, under the eight-year-old re- | Rvem : sf |other companies put many tankers | ceivership, Mr. Elder was informed May. 81 % 5 51% 50% into the convoys. This spring the &ere today. Sale B1lh i same appeal comes from Britain, | The dismissal order was made by | (New) 50% 58% 58% .58%4a 58% *and the same companies are hand- | Federal Judge John P. Neilds fol- | July - . > : 3 ing over tankers, 25 now, probably | lowing a hearing on a request for| (O10. 50% 50%: 50% 50% 's | another 25 later. | dismissal filed by Ray Garret of | (New. 59% 58% 58% | Tt is being said in the oil trade | Chicago named trustee several | Soy Beans— '| that these can be spared, along with | weeks ago after jurisdiction over May.. 1.29% 1.34 1.281% * | other ships in the 2,000,000 tons the company’s operations had Reen July.. 1.20% 131% 1.28% » | which Britain needs, but a remark | transferred to the Federal Court Als being recalled which Rear Ad-|through the filing of bankruptcy | s|miral Land of the Maritime Com-| proceedings. | Lard— . B RB

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Std Oil N J. 114 363%, 36 361%

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" Jd ? HOGS Am Safe rl HARDLY A DAY passes but what | Barrows and Gilts SoavE someone gets excited over seeing 120- 140 pounds Smelt surveyors looking over some area in | Sumac . the state. Rumots of big defense | Tobacco projects spread like prairie fives | on nt used to. Jf a defense project were | 3. 338 Rounds

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General Electric engineer R. H Somme 1100 pounds 5 " Rogers says vacuum tubes, once Steers, Reiters . used only in radio sets, are Now! cChotce— a ond Stores used to increase machine tool speed | S00: ° 50 bounds 11.0012.00| order er’ and reliability. . , . Malayan rubber 500- 750 pounds 10.00@11 00 Boston & Me planters deny London claims they Brewing, Co Am 1 |G 18% are slowing shipments to U. S., re-| N%00 pounds 10 75@11 50 | BARDL Brass 2 EX 0 torting that exports here are re- Good | BRikRs, Mig 3 ; % ly NV duced because of freight shortage yiegie? COUN ............ 10002107 Biijyn & : HERR | ony HAF,

: pr St akirs "n Bruns-Balke Je a 1 At and the arbitrary manner in aol 900 pounds, ......v..00.. [email protected] Bucyrus-Erie Hazel A foi allocating ship space. . . . N. Y.| “500-900 ‘bounds ng | Budd Mfg | Heme pt

Cutter and common .........] 6.25@ 7.75|Butte Co & Zz ih tion of Inter-American coffee quota Canner Ceenaanees 5100 6.25 Byers A MC agreement, . . . The Netherlands Bulls Byers pf East Indies reportedly has agreed to Seer (Yearlings excluded) : v ; ef— Callahan Zinc supply Japan with 925,000 tons of oil Good 50 | Calumet & H.. Ni Y)° \Central ... sag | Campbell: Wy |. 11 3 Eo oo Il Cent pf.... octane gasoline for airplane, Japan Moanin - 300@ Babe Dry ... 1) : % .... [ling Rayon wanted 3.000.000 tons a year. . . .| Cutter and common. . .. 700@ 7.50 Carpeater Stl . 28 $ RB: uh nspiration Ko Bolivia will buy the privately-owned Vearers |Car & Gen ... 2 2% -- OL . ar t : . Good and choice 1.50@ 12.00 | Saterpillar 2 4 + 3 Tr tp | shares of the German-controlled Gog an and OF. dice NU ha1200 | Celanese pr pf 117% A 70 | Interlake Tr .. Lloyd Aereo. Boliviano air line, thus cun .. LU sloo@ 9.80 Selotex de Pasco n ; > * In Hoa Bl A placing it completely under Bolivian | Feeder and Stocker Cattle Steers |Certn- td 6 prpf 28 4 re Ln 5 Eiritle. ot government control. . . . And Brazil | (Receipts 2 hio ~.. 37% ui a + 3] Nickel bt an has refused to let Air France, the uo Steers P&P. . 11Y Ye . y 3 ice French cammercial aviation com-| “spp. "80p pounds .. [email protected] | pany, to resume to Rio-Buenos S00. 1050 pounds 10 25@11 % 6 rat. RETVi 100 hickasha Ajres Antiago service, suspended “HR oop pounds : 9.508 10.25 | Chrysler a when France fell | 800- 1050 pounds ........i.... 930©1025|Cleve El Iim pf 112% ————————————— | Mediu Climax Moly Co 347% . 32%

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| mission made in April, to the effect| The dismissal action returns juris- | uly © owe wi

| that taking 2,400,000 tons of Ameri- | | diction of tine company to Mr. Elder Sept.. 9:85 9.92 from half a dozen| und ‘Marion County Superior Court |sources in a year's time would s and Judge Herbert E. Wilson of “mean a tremendous sacrifice” bY that court, in which the receiverthe American people. The dimen- | chip was originally filed in 1933. Wheat No. 1 mixed, 99c@$1. | sions of the sacrifice now begin to Following the Federal Court "8% 130 op Ty on. aos & Pera "No 3 ‘be understood in the squeeze ON hearing at which no one appeared | yellow '7214@73'¢c, No. 4 vellow dlc. No, » | fuel oil and rubber supplies. to oppose the dismissal request, | Snieitow TH Vignug Xo. Tvl

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b v b was apparent that the erated ant 0 $1.30. i Oats—No. 2 white, 38%®3%c: No 3 Cur Stoc S had been ‘efficiently operated and white, 3%!'zc; No, 4 white “87 c sample Wet supervised’ giving credit to both | | grace whee 343m a; No 1 Vhite heavy, 7 0 ite eavsy 2C No. High Close Change | (Mr. Elder and Judge Wilson. It ire, 3%7c: sample grade De 2 tmero Sup B ... 51 5% + Ys | Was reported that Mr. Elder plans|No. 1 red extra heavy 38c. No. . |Alum Ltd ...... 71} “ H% +1 vo soon close out the proceedings| Jor: Ne 2 miced pears. Donte: heavy, | Alum Co Am .. vee | 2C 0 mixe eavy, 38c. and return operations to the orig- | Barley Malt ing Tate n: feed -—, J (Buc \ inal company. 55¢ n; screenings, 35@45cn: No. 1 malts

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500-1000 pounds 8 75@ 9 50 | Cluett Peab > Te | 2 : ie : 3 Q $ Cash Provisions—Lard, $9.552 1058, | Bold Loco wts ’ - hy LOCAL ISSU ES $8.67n; leaf $8.75n; bellies, $11.87

Comr.mon - Ci INDIANA UTILITIES | 575 =. 515 Good oice— Col | Beech Aire ..

2 : 4 x 300 pounds down... 1100@1300(Eo Bropcast 4 po "lun & 80 |B Bi 5% "oe Bona. & Share Garp. “Ho mot: Fabre: LOCAL GRAIN - oo uh , a % : FILE BOND NOTICE S00 bounds ‘down... .. [email protected] oo SoLures . 2 vq, | Kan © Sou bt 2 5 0 nl Union B & P. 10% "i, | Bunker Hill & S$ 0 : +++ |sent actual price af offerings. but merely x Calves “leo i ~ ye | Keyser Jul 1% [Sieh Said : + ip [Can Col Anrw .. 22 ‘+ |indicate the approximate market level Gott Will CHO 2 . i asey-Haves A A Ba 2 3 8 | Pacific al .... 81 . 4 San steon ny -1 ale based op Duvink une selling quotations of | y est Ea eels ye diaond So y J J y " ry dg i . Sd iL cos .- » i h i1r t Ww ASHINGTON, May 10 (U. P.).— | "500 ‘pounds ‘down .. .. [email protected] | SOM S 1 - , Ae ; 3s 4 Tank 3 Carrier Corp ... . 3 3 Stocks 8d Ask | haa® 856, 90c. No. 2 hard, 88@89c The Securities & Exchange Com- | Medium- ~ 4 ihm 9 i . I SS. es J Air Tires 3 Sg : | Cities Serv . ! ; "eles toc -Streng. ot Ceings, 45 carloads: No, mission today reported that a stale. | 50 Dunes down... Swain CH Een Cow Boe ww BY BOB To T/SRglRe mom GRE [EE PANS at 0 i BREE TY BE ; 3 g ~ « wins Cr “ely “ee a Tee: N @ 4. re ment has been filed with the Com-| SHEEP, LAMBS (Receipts, 0) gone Saison of 1005 y “5% United Corp, y " Ed | Copper Rnge 5 ei ER 2 SH Yds ih. BS 50 | mixed 1@33c under, . 3 aida : dd $ 9 + 1 os : 7 reole Pe! t sD vey ats--Steady,; receipts, 5 carloads mission by Public Service Co. of In- |... una choice HO 3108501135 on: Bim pr... 3 3 co |Elege G VI.. 2 2% a - UME I DE 3 3 T .-, [Decca Rec Inc. 6's | Central Ind Pow 7% pfd 118 [2 ‘white, 36@36%zc. No. 2 red, 34%.@ diana, Dresser Power Corp. Terre Medium and good . [email protected] | Cons onl Lo 3% : So © P Cem. : 2 Tot United Fruit .. G1% : | Eagle Picher 8 |Comwith woan 5% b:a .. 98% 101% 351s. 1 lectric C 1 C - Common ... ne 9.25 | Cons ha + Aiteh V T > El Bd Sh 2% 8 | Hook Drug Ine com a 17 | Sov Beans—Receipts. 1 carload: No. 2 Haute Electric Co., Inc., Central In Coal pf .. Coal. .. : ‘ ' Ewes (wooled) Cont Bak a, a vex Leh Val R R | El Bd & Sh 5 pf 58% Home T & T Fy wayne 7% ota 53 |yvellow Indiana, [email protected]; No. 2 yellow diana Power Co. and Northern Indi- | Gooa and choice E 6.50 | Cont "gaa, Y ro |El Bd & Sh 6 pf 62'4 |Ind Asso Tel Co $5 pfd 04% Ww | linois, $1.21w 1.22, ana Power Co. Common and medium 4.00@ 550 | Cont Fairchild E&Air 3 Ind & Mich Elec Sor pra... 109 S——————. Ci |Ind Gen 3Jerv 6% bpfd .109 oe WAGON WHEAT

f ; ” ~ ' , Ford Can A .. 1% The statement covers details of ¢ ol. rig - ~N4l HC = gi Pi . x i 2d Glen Alden .. |Indpls Gas com . b ot Tus Cub aTReR the formation of a new corporation ("\HICAGO LIVESTOCK Copweld ie! : : % © ip Dima Loco .. a | Y 10 Ta Ba [I ve oid 3 IL omy manent Mom: We 0 Tr through consolidation of those utili- | 9 [orn Bx Bk... 34m : . Car ~<a. 1 1 ® | ob : & F "| Hecla Min | Ina PRL con.” A ov, | clevators paid 89c per bushel for No. 2 . : Ha Gp «he . : | ** RV ” Hollinger o i ‘ red wheat (other grades on er men ties named and seeks authorization| Hogs Receipts, 500; nominally steady: 4 3 | BolinRer oil "jay, | SUD Water 5% pe on and pos 68c per bushel for shelled new for issuance of $13738000 of the Nol, Choukh here to make b market, quot: Grane Cp cool. 88, WM, 9 Tou mp © Cun WF nap ght gl he al al NR i oe, ar ea ew concern’s 3': per cent first Butcher hogs, all weights closed strong Crown gork v.23 A Non I he on : b aig Wa) Am IN Ind Pub Serv 8% pfd .... 2 105%; |corn, T2¢c; No. 2 White oats, 35¢ orto i to 10c higher: sows 10 to 15 cents up; Crown Zeller .. 2 A hi se-W Bis .. 15 | : 1 re 3 8 | mortgage ponds, due in N71. closing top. $8.85; bulk 270-330-Ib. butch: [Crucible St 00 39 5 Sp” & Lorillard ..... 13% 18'2 1 js Ar Of the total offering $13,200,000 ers then bringing 3 Ang or tlly a | Cuba, RR Di ces 2 .2 } Lou G&E A ... 9 “evn y Jones & Lau St il} dvatelv t much per.cwt. as 1 s. sand only 1 m Sug .. “ ga 3 < t 1 on 1 be sold priv ately and $538,000 VIR Ber: Ninder good to choice 180-260- Cudahy Sain 2 . Cold % ES | Ron Broc. dledged to the Rural Electrification | Ib. averages: sows closed the week at $7.85 uri, ah 0 a NRA y : Baz 2 + "ite I & psi 3 3 ! ir v pr p 2; ba ] ” ) . 2 A | ~ Administration to secure notes of 500: ‘calves. ‘note. For ‘the ‘week— | Curtiss- Wr 8% : : | 5 : = tM % | Merrit the Central Indiana Power Co., now t steers .and yearlings, 3 cents JSuriiss We A 3S 2% 2 Nig Tey : ’ secured by i . | higher, but medium weight an eavy bul- | Cutler-Ham ... a. : . b ; Bene sx y po vg b; 3 lie amount of North locks predominated. sold off early to come | 4 : 7 ai Br Ee b *** | Nat Bellas Hess rn Indiana's 4% per cent bonds. | back and close fully steady except on me ‘ py tw ‘Walworth ¥ G ————————————————— | dium to good 1150-1250-Ib. kinds st $3.75® Davison Ch .... ; *h 10.50 and choice to primes 1500-1600-1b. | Deere & Co x . 1 bie weights peddied ut S10. S@11 50, hese | oe a cents lower fe ellers wea hinge Stocks | cents lower, light kinds only weak: oven | gt t Ealgon, | after Geejining late Wy Sloged hes up, | fam Match i; or more higher: bulls 0 cents up High Low Close and vealers losing Serly advance, pid Dist amg ar : ge 2 | steady at $ practical top - a: 1 Tb. steers, $12 85. but strictly prime ol ome Neifes 10815 | [Ra man. Harry Schulman, Willard C. Ib Nebraska specialties topped ~t So BE Ras,

3 = ae | on 2% ¢ : on Yo Cpe i 37 37 8 | : 2 2 4 i . 1 < . : os 68 a “ 3 | We “ 89! } 2 §* ot Re i 3° 2 one KS Y 63 |only. very few loads any weight hove u 2% cee } | | Segal ENS viet 0 s EA a > CR Fife ed 8 & Shee Se” : p -. GOODYEAR TIRES | long vearlings, and yearling ey y y bi ih g o Shgo I, Se D : hes dd wi a ng SLs. mils Ea A & 3% y 1 Sti 138 FH + | RE » at : ; 2 + 1 8 Ss onto pf rin 1 : vel Ind Pub Serv 33s ay Too r . . Ta ‘a offerings mostly steer ube : \ . J : Snrysler pitison 28% 1} . [rade Sith” average cost first three days, - 12 4 * B ‘pf 1080 : BT wilson ot SORE | 1 2 “ | Sunray Oil .... 1% 1% i d Tel dus 55 weve, 38 3 TERMS A oR 7 Sra comylt is Jui 0. - . * T 7% 'Worthington ¢ a3, s ne : : J SA A ™ ae AL, ...... , ih ees . 103 , an A 9 ls | Pub Tel Co 4lis § 1 103 gee TCR fh gee Worthing ‘pr pt s "Corp * : % .." Richmond Water Wks CN 107% Low AS WEEK

both shorn and wooled, little changed; top x wooled lambs to city butchers and ship- Un Gas Cp or : 53% 4 | Trac Term Corp 5 73

: 313 ai of. 3 3 a M. ® 4h pers, $11.75. to packers. $11.65 bulk scal- ges -- 3% 8 “eo = iY “yellow Tr ..... 13% 13 | Un Shoe 50% ov P DELAWARE t 3 “~~ aS on A 114 1 4 | ; T ger $ “ ing ho bs. down, [email protected], heavier 84% . " ) A Yellow T ara “ © 3 Utah Idaho Sug 2% 3 B UE OIN M S gossard Co : 9 9 weights, [email protected]; choice 75-1b. Colo- > ne : $ x Young Sheet ... 34 33 + | Venezuelan Pet. 2% A LO 3 Al Pp 0 3 & MADISON 3t Lekes Dredge eens IE 1 | rade “$12.50 to city butchers: 1 I be a 32h 3 Li |Young StI Dr.. 15% hi + | West Virg 3 3 3 a C R DUCE : '

43% - 1 Jarvis Co .... My 11 1% Has West or : Dat EE CER EY s-Man 3 Y Jones & L 7 p 100 100 100 2 Truex Can

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. : rado springers, Te 2) i J Coal 3 Marshall Field three Toa California to packers, $12.15; Evans . b 3, | will. Wright Harg “3% 3.

did West Corp : 3 C +3 “is + V4 _— Heavy breed colored hens, 17¢; No. Midland United pf .... SY 51, best native spring lambs, $12.35. Fai > % 7% 2 + 102 Zenith Rad .... 11% ' 11% N% 4 % — colored hens, 13c; Leghorn hens, ; No. PERSONAL LOANS ’ ces “1 8 eee ete teste.

Jdiller & Hart cv pf.... ~ 2 Leghorn hens. 9c; springers, 3 Ibs May be arranged through our : a, OTHER LIVESTOCK |p ov, U. S. STATEMENT |FOREIGN EXCHANGE [gw fic ne. % primers iepetmes fod [Sern Eo bastions Re De wi gle oS Ji BEE ile AOR Ree hg The Peoples State Bank Quaker Oats of : 150 50 FT. WAYNE, we 10 (U. P.).—H WASHINGTON, May 10 (U. P.).—Gov- 2I¢ noon closing cable hits on major cur- Ewe ine, 1, 36% @37: N 2 S5@ ernment expenses and receipts for the cur-|Lencies, ble Rates Net oe. 3515c; butterfat, No. 1, 32¢: No. % 2

Sangamo El ! 1 31 ys 200- Foneles a 3 30c 130 E. Market rent fiscal year through May 8, compared | ganean (hound) an —001 | oo (Country pickup prices quoted by the || Member Federal Deposit ins. Oorp. 3 ey Co.). i emma:

t r .. - . Paes = y % nsirg My 3 . 3 3 i S.. $8. ag a 0 oe i. 280 ne A. a Swift KE ~ / 5 $7.85: Ha Ib 60: 12 i $7.35: Pliitkote rally 5 0S. | Freept-Sulphur | 34's

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is Year Last Yea Italy ira) Expenses. $10,490,969,997.33 $8,157, 805. 153 48 Cuba | 97 3 Receipts .. 6.078.991 444. 941.562.564.15 | Finland (merkia) .... 0215 ive on Everything! Net Def.. 2 +0001

SWilzerinnl (franc).... Cash Bal... 233, : "958.396. 410. Se yar OTe) Bank: Bel ISNT RL JI 10782007 Mexico (peso) 2070 Diamonds, Watches, Ce Dt ya a 3at Do. 3 18.884 751 ‘048. 8 *Transferable only under U. 8 Treasury . Customs. .. 323,964,172.87 300,689.670.35| "°C: Musical Instruments, Cameras,

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Wisc Bk Shrs % a ($10.75@ 11; cli ved lambs, $8.75 Yenith Radio ‘ A i . Iso CINCINN By. Hots— Gn avi PEL Bie iC ATI, M 10 (0. ogs . FOOD PRICES ~ Receints, 775; hot enough on sale to make Gamewell co - Joe | 3, a rie So po 2 tvered Nog ut hk pt. 10a: dv: to and c Gen v CHICAGO. May ™ (11 TP). — Apples— | 326 Ibs. B60 as0 Ths. “Ss nas sh. 160-180 gon Bk x dichigan Jenathans, bu. $1 _Tomatoes— $8.70: 100-160 Ibs. $6 65 R40. Rexican S, SpInEChTIIINOSS, Oa, Dre. 100. Calves—25%. Sheep ifornia, crates.

. 1 " i or crate. Br ad BR tah Cali rig crates. | a i Ya pla Tok. otatoes—Tennessee 2 $1.25 1.35. Onions (50+1b. 1b. sacks) — Michi: dedi ma Yellows, $1. 85@3. 1%.

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