Indianapolis Times, Indianapolis, Marion County, 8 August 1941 — Page 17
FRIDAY, AUG. § 1941
BUSINESS
Indian
FPR agen
a's Wheat Crisis Is Over
But Another Shortage Is Looming By ROGER BUDROW
INDIANA IS OVER THE HUMP
storage. There was a migh
days of July.
regarding wheat ty close squeeze the last 10
But now there is room in the elevators again
and most of the harvest is in. One thing that made elevator space so scarce was that
the crop was bigger than predictions.
Purdue had esti-
mated a bumper crop of 34 million bushels but the AAA
thinks it will run closer to 40 Ancther hardship was the rain | which made much of the wheat too tough. or wet, to store on farms At one time a fourth of the wheat coming to Indianapolis was tough. N e v ertheless, jt was never necessary, as in Chicago and Kansas City and other western terminals, to forbid shipment of wheat to In-
dianapolis. True, good many elevators refused loan |
a
Roger Budrow ., ,ccept
wheat to store and would only take it if they bought it. Some probably made some money by doing that. Noblesville elevators had a hard Tint when there were 48 freight cars on the railroad siding. But it! at so much a question of not] having storing space as it was not having enough unloading facilities. They cculd unload on ly six cars day. : The AAA sold about 2000 steel bins to farmers which helped out a great deal. Now Indiana wheat is being shipped to Eastern Seaboard elevators in Maryland, New Jersey, Pennsylvania and Virginia. And some Southern elevators are taking our wheat. The AAA figures that in three weeks the country elevators in Indiana will be able to clear out all the wheat they want to move. But the AAA fears another crisis is looming—there won't be enough storage space for our soy bean crop. Soy shipped away in great quantities because the big processing plants | are right here in the Midwest. But this problem won't come to a head for six or seven weeks.
2 » 2
BUSINESS MEN who roll dice to allocate trade are violating the Sherman Anti-trust law, says Assistant Attorney General Thurman W. Arnold. The Justice Department, he said, has indicted many sheep buyers who decided by a roll of the dice which pens they would work at the Chicago Stockyards. In the old days, buyers would get up early to be at the pens to bid on a catch-as-catch-can basis for the sheep. Trouble started, he said, when they began letting the dice decide the allocation of the pens, so that they could sleep later in the morning. 8 & =n
MONON RAILROAD made $51,000 profit in June compared to a $25.000 loss in June last year. One financial dopester figures the Monon will cover its $1,500,000 fixed charges and have $2,000,000 left over this year.for interest.
2 ” 4
DEFENSE BONERS that make industrialisis fume at Washington: The southern foundry that closed for lack of materials which were on the way from a western producer. The factory next door made the same material but was ordered to ship it west because “technicalities” blocked swapping with its neighbor.
2 # 4
ODDS AND ENDS: N. Y. Stock Exchange has been talking about increasing brokers’ commission charges but got some cold water thrown on the idea this week when Los Angeles Exchange cut its commission rates to pull more business from New York. . . . Broomhall's Corn Trade News, published in London, isn't optimistic about the forthcoming wheat conference at Washington because it believes the big wheat problem is not that too much is produced but that too little is consumed, says Europeans’ bread isn't so good. . . . Filling stations in the East are asking customer to use one-third less gasoline, place stickers on windows proclaiming the fact. . Interstate Commerce Commission has given Pennsylvania Railroad permission to buy up the Wabash Railroad. . . . National City Bank in New York has hired 60 girl pages and messengers because boys, what with the draft and better jobs, are hard to get.
BAYLESS CONCERN TO RESUME WORK
COUDERSPORT, Pa., Aug. 8 (U. P.) —Harry K. Williamson, formerlv one of the receivers and now general manager of the Bayless Pulp and Paper Corp. which was sold to Veda Mines, Inc, of Telluride, Colo., announced today that operations would be resumed at the plant by Aug. 14. The Veda concern purchased the plant last week for $175,000.
‘Grain Dealers JITTITHIE
FIRE-CASUALTY AUTOMOBILE INLAND MARINE INSURANCE for Careful Property Owners at Substantial Savings
Wa. 2456
million bushels.
FARM PRICES
AT 4-YEAR TOP
Indiana Index Rises Faster Than National Index, Purdue Says.
LAFAYETTE, Ind, Aug. 8 (U.P.). {—The farm price index for Indilana reached a four-year high on | July 15 when it climbed 8.6 points above the June level to 128, the ag-|, ricultural statistics department of Purdue University reported today. Indiana's index, based on 1910-14 prices as 100, showed a greater gain| than the U. S. farm price index, | | which advanced seven points from |
| June to July to 125.
The purchasing power of Indiana farm products for July 15, also] based on 1910-14 figures, was reported at 99, a gain of four points}
than the U. S. purchasing power index for July. The July indexes of prices paid by U. S. farmers and of U. S. wholesale prices both stood at 129. gains of three points and two points, respectively, over June levels. Hay, oats, apples and horses were
suffering price declines from June 15 to July 15. Hogs showed the best
improvement, advancing $1.70 a
beans aren't |hundredweight during the period.
REPORT SHORTAGE OF COTTON LISLE
NEW YORK, Aug. 8 (U. P).— Immediate large scale production of women's hosiery from cotton is an impossibility because defense requirements have depleted supplies of fine yarn suitable for the purpose, the Cotton-Textile Institute, Inc. disclosed today. In order to “mitigate the situation” caused by the Government actions on silk, however, cotton textile mills have initiated a study de-
provide adequate supplies of fine varns both for defense purposes and for hosiery manufacture. The Institute predicted that many large hosiery mills will use cotton lisle in the manufacture of the entire body of the stocking if they are assured of sufficient supplies. At the present time, some mills are using combed yarns for tops and welts, piecing out their current silk stocks
Believes Radio May Win War
CAMDEN, N. J, Aug. 8 (U. P.). —Radio has made possible German blitzkrieg tactics and at the same time is proving “extremely effective” in defending Great Britain against air raids, according to Fred D. Wilson, field sales manager of the R. C. A. Manufacturing Co. “The final outcome (of the war) may very well depend upon the effectiveness of radio,” Mr. Wilson told the 14th semi-annual Western Radio and Appliance dinner meeting. Development in England of the radiolocator, now being used to detect German aircraft long before they reach their objectives, carries the “real hope for destroying the
son asserted. “The question as to who will win| the battle of England may not necessarily be answered by air or sea power, or a combination of hoth, but actually by radio power,” Mr. Wilson declared. Military commanders, he pointed out, now have an instantaneous means of reaching all branches through radio, and thereby can coordinate more efectively the activities of planes, land forces and sea power.
BUSINESS AT A GLANCE
By UNITED PRESS American Laundry & Machinery Co. 6 months ended June 30 net profit after Federal income and defense taxes $1.393,872 equal to $2.55 a share vs. $304,104 or 55 cents a share year ago. American News Co. 6 months ended June 30 net profit after Federal income and excess profits taxes $521,289 equal to $1.23 a share vs. $463,901 or $1.10 a share year ago. American Viscose Corp. 6 months ended June 30 net profit after Federal income and excess profits taxes $3.375.201 vs. $4,067,402 year ago. Butte Copper & Zinc Co. June quarter net loss before depletion $5,453 vs. net loss $4,418 year ago.
26 weeks ended June 28 net profit after Federal income and profits taxes $2,418,087 equal to $1.41
vs. $2,493,719 or $145 a combined stocks year ago. Hewitt Rubber Corp. 6 months ended June 30 net profit after Federal income and excess profits taxes $206,774 equal to $1.23 a common share vs. share year ago
share on
after Federal income and excess profits taxes $1,307,015 equal to $1.76
a share year ago. Mississippi River Power Co. 12 months ended June 30 net income $1482658 vs. $1,167,995 preceding 12 months. Pittsburgh Forgings Co. 6 months ended June 30 net profit after Fed-|E eral income and excess profits taxes $301.187 equal to $1.37 a common share vs. $428.373 or $1.95 a share year ago. Union Electric Co. of Missouri 12 months ended June 30 net income $7,204,106 vs. $7,128,957 preceding 12
Langsenkamp Jr, and Dan W. Flickinger, directors.
THE INDIANAPOLIS TIMES
PAGE 17
Program Arranged
Left to right:
Officers of the Executive Club, a new organization for business and professional men in Indianapolis, planned the fall meeting schedule yesterday at the Columbia Club. rector; Dr. William E. Bodenhamer, president; Albert O. Evans, secretary and treasurer, and Frank S. Among the speakers who may appear are Carl J. Hambro, president of the Norwegian Parliament, in September; Edward J. Tomlinson, NBC commentator, « Oct. 22, and Sir Hubert Wilkins, explorer, Nov. 24.
F. E. Thornburgh, di-
NEW YORK STOCKS
: Net High Low Last Change
By UNITED PRESS DOW-JONES STOCK AVERAGES
from June and two points better]
the only Indiana farm commodities |:
signed to work out some method to B
menace of night bombing,” Mr. Wil- &
Columbia Broadcasting System |B. 2g. 2 W excess |B
a share on class “A” and “B” stocks|p
$102,371 or 61 cents alE
Link-Belt Co. and subsidiaries 6|EI® months ended June 30 net income|E!
a common share vs. $965,279 or $1.26 Erle
ai. TV 233% . 99%
Tle 23% 99
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: Year Af ic.c.ccviiini vee. 128.90
> Week Ago ...
30 INDUSTRIALS Yesterday ... Week Ago .... Month Ago ..
128.09 128.22 127.90
srr isetevenns
High, 1941, 133. 59; Low, 115.80. High, 1940, 132.80; Low, 111.84, 20 RAILROADS Yesterday Week Ago Month ARO .c....iovivine ‘ee Year Ago High, 1941, 30.88; Low, 26.54. High, 1940, 32.67; Low, 22.14. 15 UTILITIES Yesterday . Month Ago ....... Year Ago High, 1941, 20.65; Low, 16.82, High, 1940, 26.45; Low, 18.03.
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Marshall Fld .. Martin Martin Parry Mathieson Mathieson of .. Ma 8
(Glenn) 29
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19% McKes & Robns 14 McLellan St .. Melville hl ves 30% Mengel 5 pf ... 27% Miami Se ee T94 Mideng P 1612 Migiand Sh “of. 117 Minn Hny 42% Minn-Moline ...
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U. S. STATEMENT
WASHINGTON, Aug. 8 (U. P.).—Gov-
1a | ernment expenses and receipts for the cur-
rent fiscal year through Aug. 6, compared with a year ago; This ¥
ear Year $1,991,503,611.67
Last $996,347,905.97 531,131,918.89 490,254,328.56 1,439,948,442.78 493,448,777.41 2,526,132,459.07 2,563,497,801.83 086,509.32 1,832,595,731.24 49,709,937, 9s 39 43,791,889,136.57 72%, 681,974,158.00 20,542,588,386.97 Customs. . 43,247, 360. 9 30,111,330.17
INDIANAPOLIS CLEARING HOUSE Clearings .. $3,587,000 Debit. 9,384,000
LOCAL PRODUCE
Heavy breed colored hens, 5 lbs. and oY er, full feathered, 17c; heavy breed jiers nder lbs., full feathered, 15c; Boar breed hens, 12¢; Leghorn hens, %uc No. 2 Leghorn hens, He; springers, Barred and White Rock, , Leghorn springers, 2 lbs. and over, 15¢c; pos Shfne ers, 2 i 224 over, 196: ? Lon
Eggs— Bu Per No. 1. j952 @37c; No. 2, 35@35'%c. es; No. [Farm pickup prices quoted by the Wad-
Expnses... Receipts... Gross Def, Cash Bal.. Work. Bal. Pub. Debt.
Butterfast—No.
OTHER LIVESTOCK
WAYNE, Aug. P.).—Hogs— 1) Polis | Bizher: 1bs., sito 80-200 0 is
bs. 1bs.
) 50-28 35 3-18 0- $10.1 rough wy $9. 38: stags. $8; calves, 0. yearlings, $7.
$13; lambs, TAXES DOUBLED CLEVELAND, Aug. 8 (U. P.—An increase of more than 100 per cent in Federal income and excess profits taxes cut net profit of Standard Oil
common share for the first six; months of 1941 from $2,803,764, or $3.32 a common share, for the first
half of 1940.
2 20.5;
| Terre Haute Elec 6% pid.
Co. of Ohio to $2,542,312, or $2.97 a §
GOST OF LIVING UP 3.7 PER GENT
Conference Board Reports July 11.4 Per Cent Under 1929.
NEW YORK, Aug. 8 (U. BP) — Living costs in the U. S. continued their steady climb during July, reaching a level 3.7 per cent above the July, 1940, average, the regular monthly survey of the Conference
Board disclosed today. The survey, conducted by the fact-finding agency in 56 leading American cities, showed that every major cost item of the wage-earn-er’s household budget increased in July, including food, clothing, rents, fuel and the hundred-and-one minor expenses grouped under “sundries.” July living costs for the country as a whole, the Board said, stood at 88.9 per cent of the 1923 avgrage, 0.5 per cent over June, 3.7 per cent over last July and 24 per cent higher than in April, 1933, at the bottom of the depression. The July figure, however, remained 11.4 per cent under the high reached in the 1929 month. Purchasing value of the dollar in July was placed at 112.5 per cent of
: [the 1923 dollar, compared with 113 .|in the previous month, 116.7 in July
last year and 99.7 in the correspond-! ing 1929 month. Food costs, largest single item in the family budget, rose 0.8 per cent during July to 86.2 per cent of the 1923 average, and showed a gain of
‘199 per cent over July last year.
“Sundries,” next in importance, advanced 0.1 per cent to 98.7 per cent and were 0.5 per cent higher than a year ago. Housing was up 0.2 per cent on the month and 1.8 per cent over a year ago; clothing up 0.3 and 1.0 per cent; and coal up 1.8 and 6.2 per cent, respectively. Living costs increased in 43 of the 56 measured cities during July, declined in 10, and were unchanged in three. Chicago and Memphis, with gains of 1.5 per cent, showed the widest percentage advances on the month, while Denver, Toledo and Wilmington, Del, with declines of 0.7 per cent were down the most. Percentage changes in living costs in other important cities follow: St. louis up 1.1; Pittsburgh up 1.0;
|New Haven up 0.9; Rochester up 0.8;
Seattle up 0.8; Baltimore up 0.5; Boston up 0.5; New Orleans up 0.5; |New York up 0.5; San Francisco up Detroit up 0.4; Milwaukee up 0.4; Cleveland up 0.3; Philadelphia up 0.2; Kansas City off 0.1; Cincinnati off 0.3; St. Paul off 0.6.
‘Reports ‘Real Income’
Is Going Up MINNEAPOLIS, Aug. 8 (U. PJ. —The “real income” of the American public, which hit the highest level in history during June, “is
+ |probably the strongest single force
influencing the price situation today,” the Investors Syndicate said today in its regular monthly study of what people get and spend. “Real income,” which the Syndicate explains as ‘an average relative figure of income and outgo
i designed to show how the cost of . living
affects the adjusted dollar income,” was placed at $1.33 for June against $1 a year earlier. The increase in “real income,” the study said, means that the public is able to buy more goods and services, despite rising living costs, than it was a year ago.
LOCAL. TOOL FIRM WORKERS TO VOTE
Employees of International Machine Tool Corp.'s Libby Division at 1124 W. 21st St., will vote Monday on whether they want the Inter-
Sl national Association of Machinists.
District 90, A. F. of L. to represent them as collective bargaining agency.
LOCAL ISSUES
Nominal! quotations furnished by local unit of National Association of Securities
Dealers. Stocks Bld. Ask.
Agents Finance Co Ind com... 7% Agents Finance Co Inc pfd... 20 Belt RR & Stk Yds com...... 55 Belt RR_& Stk Yds pfd .
® | Central Ind Pow
Circle Theater com Comwlth Loan Sa pfd.. 1 Jook Drug Co ‘se 3% . Home T&T Ft Wayne 7% vid Ind Asso Tel Co EY 184% Ind & Mich Eleo ra bid... Indpls Gas com aise 199 Ind. Gen. Serv. 6% pid ......109 Ind Hydro Elec 77 pfd....... 39 Indpls P&L 65% % on ., reve 113 Indpls P&L com Indpls Water 5% pfd Indpls Water Class A com. Lincoln Lsan Co §%% ptd. Lincoln Nat Life Ins com ... N Ind Pub Serv 52% pfd.. N Ind Pub Serv 6% pid N Ind Pub Serv % td Srogress Laundry ; Pub Serv Co of Ins 8% pfd.. Pub Serv Co of Ind 7% Dit» *So Ind G&L 4.8% pfd .
Union Title Co com .'33 van Camp Milk pfd..ccceveee. 67 Van Camp MIlik com .....ee0. 11 Bonas
Algers. Wins'w W RR 4'as «100 American fnzn 2 BY.voees
Goneal*p . Crabb- Beis Taylor 5s 42. Home T & T Ft Wayne Sys. Home T&T Ft Wavne 6s 43. Ind Assoc Tel 2s 3%as 10. “ves Indpls P&L 3%s 70. . Indpls Railway Sine 5s ‘6
=
415s 35 . Pub Serv of Ind 4s 6... Pub Tel Co 4Y2s 55 a Richmond Water hes 5s 57.100 ¢ Term Corp bs 5 ees 0 Ex-divi dend.
DAILY PRICE INDEX
NEW YORK, Aug. 8 (U. P).—Dun & Bradstreet’s daily weighted price index of 30 basic commodities compiled for United Press (1930-32 average equals 100): Yesterday ....... Week ago Month 880 ....cec000000000. YEor B80 iv. rv: cranrsnnnee 1941 high (Aug. 7) trnessnsre 1941 low (Feb. 17)
ERE EER Rs2a333 =
— Sen don
03 73
143.31 141.18 140.03 113.42 143.31 123.03
sees e scan
Incorporations
Liberty Homes, Inc., 5248 Hohman Ave. Hammond; agent, Donald C. Gardner, 5231 jiohmah Ave., Hammond; 10 shares Class A of $100 par value and 100 shares Class B no par value; real estate and building business; Harry Stuart, Algot Osterberg, Edward Schutz, John Tokarz, Donald
Gardner. Mex-Tex Minerals Corp., Spink Hotel, John Ogden, 37 W.
Indianapolis; agent, 21st, Indianapolis; 500 shares eR erierted of $100 par value and 1000 shares common no to prospect for minerals, etc.; Cockburn, Al H. Westerman,
United me Builders Corp., 382 Massachusetts Ave., Indianapolis; Fineberg, same a dress; without par value; i ng business; Jane Fineberg; Milton J. Fineberg, Herman J, Ken Calstar Petroleu um
Edmund Burke Jr. has been named to fill the chair in Securities and Exchange Commission vacated by Leon Henderson, now busy with price control duties.
STOCKS MOVE IRREGULARLY
Morgenthau’s Tax Statement Fails to Bring Any Quick Pressure.
NEW YORK, Aug. 8 Stocks moved irregularly over a narrow range in quiet dealings today. The unfavorable aspects from the corporate standpoint, of Secretary of the Treasury Morgenthau's statement on taxes failed to bring any immediate pressure into the list. At the same time, favorable business developments also were ignored . The latter included a 20 to 26 per cent gain in retail trade for the past week; the Federal Reserve Board announcement that its production index had jumped to a new high of 162 in July, Steel shares were mixed, with Bethlehem clinging to a small gain and U. S. Steel showing a small loss. Chrysler was steady at 5812, up 1%, and General Motors at 397s, unchanged. Consolidated Aircraft rose about a point to a new high in an otherwise little changed aircraft section and Texas Corp. lost 7: to 43 in an easy oil group. U. S. Industrial Alcohol was a firm spot among chemicals with more than a point gain. Trends elsewhere were mixed.
CORN CONTINUES TO GAIN AT CHICAGO
CHICAGO, Aug. 8 (U. P.).—Corn continued the leader on the Chicago Board of Trade today with December and May contracts again
establishing new seasonal peaks on an upturn of more than a cent a bushel.
Best prices, howe ever, failed to hold because of profit-taking and selling credited to cash grain interests. Wheat and rye lost ground, while oats and soy beans gained small fractions of a cent. At the end of the first hour, corn was 14 to % cent a bushel higher with Sept. at 783% c. Wheat was off 12 to 3%c; Sept., $1.113%; oats up ls to 4c, and soy beans were unchanged to up %c.
Defense
Quiz
Q—In what denominations are the Treasury Department's Tax Savings Notes issued? A—There are two series, A and B. Series A notes are issued in denominations of $25, $50 and $100 each. Series B notes are issued in denominations of $100, $500, $1000, $10,000 and $100,000 each. Q—Do these Tax Savings Notes earn interest? A—Yes, provided they are used to pay income taxes. Q—How much interest do these notes earn? A—Series A earn about 1.92 per cent a year; Series B notes about 0.84 per cent a year. Note—For complete information about the new Tax Savings Plan, ask your banker or write direct to the Treasury Department, Washington, D. C.
FOOD PRICES
CHICAGO, Aug. 8 —Apples — New Michigan, bu., ose $1. Eis: Ee om Michigan, bu., 75c¢@8$1. Carrots—California. crates, [email protected]. Lettuce—California, crates, [email protected]. New S98 Sweet Potatoes—Tennessee, bu., $1.25@ 1.35. Onions (50-1b. sacks)—Illinois Sno T5c@$1.
HOG PRICES RISE 20 CENTS HERE
Top Back at $11.65 as 4821 Porkers Are Shipped To Stockyards.
HOG PRICE RANGE Top $11.55 11.65 11.65 11.65 4 ciiiininiinnansenas 1173 . 11.55 . 11.30 «11.48 . 11.65
Receipts 5,627 4,000 5,000 1,000 7,000 7,500 6,000 4,200 4,821
July 30 .. July sl Aug. 1 Aug. Aug. Aug, ! Aug. Aug. Aug.
teres sesassseas. seesesstecssssssene ©ecsesssecvesssnc ee
2 iiieriensnininnins
Hogs weighing more than 160 pounds made a 20-cent advance at the Indianapolis stockyards today, the Agriculture Marketing Service reported. Lighter weights were unchanged from yesterday. Today's top was $11.65 for good to choice 200 to 210pound averages. Sows were mostly 25 cents higher. Cattle trade was slow and vealers were steady. Spring lambs and slaughter sheep also were steady.
pounds pounds pounds pounds .... pounds pounds ... pounds . pounds . pounds . pounds .
Tedium— 180- 200 pounds Packing Sows
Good and Choice— pounds pounds pounds ,...
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pounds pounds . on pounds .... 250- 500 pounds Slaughter Pigs Medium and Good— 0- 120 pounds
CATTLE
Slaughter Cattle & Vealers (Receipts, 294) Steers
Choice— 750- 900 900-1100 1100-1300 a ad
pounds pounds pounds pounds
9d
pounds pounds - pounds 1300-1500 pounds Medium — 750-1100 pounds 1100-1300 pounds 750-1100 pounds Common 750- 1100 pounds
Steers. Heifers POURAS seeversves.eo [email protected] . [email protected]
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23 NI00 w= S &8
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Cholice— 500- 750 Good— 500- 750 pounds Heifers Cholce— 750- 900
Good— 750- 2% Mediu 500- sho pounds
Comm 500- 500 1 pounds
+ [email protected] seesseseaaesss [email protected] [email protected] 7.00@ 8.75
pounds
pounds
sera sree
Medium Cutter and ‘common Canner
(Yearlings excluded) Beef— GOGH cursesnnsinsrssvesioncess LL Medium . Cutter Pand common ... Vealers Good and choice. ......v.ve.i .e Common and medium . Cull
settssssencnestne
Feeder and Stocker Cattle (Receipts, 632)
Steers Cholce— 500- 800 pounds ..... 800-1050 pounds
00d— 500- 800 pounds 800-1050 pounds Mediu
um— 500- 1000 ) pounds Com 500- 900 1 pounds Calves (steers) Good and choice— 500 pounds AOWD .+s..vveees. Medium— 500 pounds down ......c.e0040
Calves (heiefrs) Good and choice— 500 pounds down .++ [email protected] Medium— 500 pounds down ...... serves [email protected] SHEEP, LAMBS (Receipts, 1067) Lams {spring) Good and choice
Medium and good . Common
.$10.25¢ el 3%
10.00
[email protected] [email protected]
8.75@ 9.50 7.50@ 8.00
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Ewes (shorn) Good and choice ........ cess 32 Common and medium 338
CHICAGO LIVESTOCK
Hogs—Receipts, 4000; hes 240 lbs. and down, fairly active, mostly 10 cents higher; heavier weights slow, uneven but gens erally steady to weak; some steady to cents higher; good and choice 180-240 a $11.40@ 11.65; top, $11.70; 240-270 Ibs. $10.85@ 11.45: 270-300 lbs., [email protected]: good 350-500-1b. sows, [email protected]; lighter weights upward to $10.50. Cattle—Receipts, 1000; calves, 300; active trade on all classes, fully steady; clear=ance good; no strictly choice steers here; best vearlings, $12. 25: several loads, $11.25 @11.85 and 1187-1b. Western fed light steers, $12.10; iiine medium to good light steers, $9.50@11; local large Killer gotsheting for a ‘buying at higher steer crop; heifers in negligible supply with undertone firm; sizable run corn belt and Souihvest grass steers got ready clearance $5.25@ 7.50; mostly [email protected], w dei for canner cows broader for week; weighty Susie and common beet cows sized up to $7 35 and better; weighty sausage bulls 5 $9.15; supply very small; most weighty kinds bringing $8.75 :1pward; small run vealers promptly Coa up at $12@13 mostly. Sheep—Receipts, 3000; actvie, fully ste aay! 11 Northwestern sprin ons sorted or straight, ® 6116 $11.60; fulls good and es lots, @11.50; throwouts mostly $9.50 on 155 vearlings, [email protected]; fat ewes mostly $4 @5; small i feeders from Northwestern springers, $11
WAGON to the close of the Chicago market torey Indianapolis flour mills and grain elevators paid 93c per bushel for No. 2 red wheat (other grades on their merits), and paid 68c per bushel for shelled new No. 2 vellow corn; No. 2 white shelled corn,
11.2 10.5 ) 8.7 3.75 3.2
cesses
ol classes fairly doubles choice very lightly best ne} iyo
1.28
WHEAT
78c: No. 2 white oats, 31c; No. 2 red oats, 30%%c.
Smt
DAILY, 9:30
L. S. AYR
ek ps Stl; jeaivied to Tiina ge gact
Summer Store Hours
SATURDAY, 9:30 A. M. to | P. M.
A. M. to 5 P. M.
ES & CO.