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The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, July 06, 1933, Home Edition, Image 11

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JT?£y fi, 1033
New York Stocks
' ————— rßv Abbott. Iloppln A Co.i —————
—July ft— _
Prrv.
Oil*— High. Low. 11 00. close.
Amerad* J®. 2?, 1
All R{g 30’, 30** 30 JO a
Barnsoall ,{ *
Con. *ol Oil • *% 4
Cor/ of DU . 17% *4 • *' *
Houston inewi.. .. • ‘ **
Houston told) .. 35’* 35% 35 < 33*
Indian Rfg
Mid Conti Pet i 4 • ’J, 4
Pt Corp JJJa }J " 1 i*
Phillips Pet •1* l fil * 4 ® 4 18a
Pure Oil 3 ■ ,r 4
Royal Dutch ~, 52, a
Bbd Oil ?5, a
Shell Union j”, 4 },.•
Stmm* Pet H*
a£ u Zc°' i%
8 O of Cal . 33
BOof N J 39% 39** 39 * 3a a
Texas Corp .2T 26 * a. * 26
Tidewater Assn 10* *“ *
Un Oil Os Cal 22’. 21 a
Am ‘ RoTTMIIU . 27*, 27'. 27% 27*,
Beth steel . 45% 44', 44*. 46
Byers AM ?5 *
Col Fuel A- Iron 16 *2 2
Oulf Sts Steel 33 ,
Inland Steel 42 42 a
Ludlum Steel ... " L
McKeesport Tin .. ... ei * ,
Rip DonSID 10% 'i9 3 ' ft*
Rep Ir & Btl pfd ■ J?,*
U 8 Smelt 52 1
Vanadium 28 2. , 2r 28
Midland 18 ‘ B , e
U S Pipe t* Fdv. ■■■ 1
t; 8 8 teel 61*. 81% §l*, ■*
U 8 Steel pfd...loo', 100 100 100 ,
Younßst n8 4 T 31 ' 318
fta i 1 % -1,1/ - q *7 ■
Atchison *8 ‘'2 ‘
Atl Cst Line . . . 52 a 53
RAr O 35 34 a 35 f; 1 '
Can Pac 19 3 * j 3 *2
Ch A: Ohio . 46’, 45 . 48 4Aa
Chi A- Ot W 5 , o’. 0 * ’ 4
CMA St P Pfd. 12 11* 12 |2 .
Ch! N W 13% 13> 13 a 13
Chi R Isl 8 9 3 q 8
Del a & Hud . 91'a 91S 91 a 91 a
Krie . 2W 21 4 21 4 “2
Ort Northern ... 28V* 28% 28 2.,a
111 Central i- 3 s?*/
Lou A Nash ... ®1 5 °*/ 4
MK & T 16 3 * l 8”" 18 - 4 ’l, 2
Mo Pac 8 • .5 " .?r 2
Mo Pac pfd . .12 11 l2 11,
N Y Cent 54% 53 a ft’ , ’’ 4
N Y Chi A- St L. .. • _ Q “
NYChAt 8t la Ofd ■ r fa 4 26
N L New Haven. 333.1 3 . 31% 31, 32 a
N Y Ont A Wes. . If * .‘2 4
Norfolk A. We5..171 169% 171 168
Mr.■::::!?% -% 2fc
SffiZ 34% % % .
“io? par. ::::: . 27 2 if; if*
Wabash ■ , 8 1
W Maryland ... 13% 13H 13 n 13 >
Motors coni
Auburn • B §-. / 8 55 3 ’
Chrysler 37% 37, 3< i 37 .
Gen Motors . 31% 31% 31 , 31 a
Graham Mot 4 4
Hudson ’“f*
HUDD • • • • • D '8
Mack Truck . .. 43 42! 43 42'.
Packard 5 , s* ’ * \ 4
Reo • ■ 2
Studebaker .... 6', ft 6 6
Yellow Truck 6% 6% b% o
Motor Access — •
Bendix .•• | 3 1 3,“
Bohn Alum .. . 52% 52% 52 * 52 -t
Borg Warner ... 20’, 20% 20% 20.-,
Briggs .. 12% 12% 12-, 12
Buaa Wheel ...... ■■ .9*
Eaton Mfg . . •■ • 13% 14
Elec Auto Lite . 24% 23% 24% 24%
Houd Hershey
Mullins Mfg ..... ?l
Murray Body 10?
Stew Warner ... 8 8 7 , 7 7 , 7%
Timken Rol .... 33% 3?V* 33% 34
Mining—
Alaska Jun 21% 20% 21 % 21
Am Bmelt 37 36% 36% 37
Anaconda 19 18% 18% 19
Cal A Hecla . B'i B'. B*4 B'4
Cerro De Pasco . 28% 28'. 28% 28%
Granby 14% 14 5 14’. 14%
Gt Nor Ore . . . 14 % 14 %
Howe Sound ... 24% 24% 24% 24%
Ins Copper .... 9 8% 8% 8%
Int Nickel 20% 19% 19% 20%
Isl Creek Coal .. .. ... .. 29%
Kennecot Cop... 23% 23% 23% 22%
Noranda Con ... 30%
Phelps Dodge ... 15* 15*a 15% 15%
Tobaccos—
Am Snuff ... 46% 46%
Am Sum Tob . .. 15% 15
Am Tobacco .88 87 87 87
Am Tobacco B . 91 90% 90% 91
Gen Cigar ....... 43 43%
Llgg A Mvers B 94% 94% 94% 94%
Lorrillard .. 23% 23%
Reynolds Tob B 40% 46% 46’, 46%
F.ouinments —
Allis Chalmers.. 21% 21% 21% 21%
Am Car A Fdv ... ... 35%
Am Loco ... ... 37%
Am Mach A Fdv 21% 20% 20% 21%
Am Steel Fdv. 24% 24% 24% 21
Bald Loco 15% 15 15 15%
Burroughs 20 19% 20 20
Case J I 92% 93%
Cater Tract. 26% 26% 26% 25%
Colgnt Palm Peet .. ... ... 19%
Congoleum ... ... 18%
Elec Stor Bat 47%
Foster Wheeler.. 21% 21 21 21%
Gen Am Tk Car 40*, 4040 40%
Gen Sire 25’, 25% 25% 25%
Gen R R S c 45% 46
Ingsol Rand *... . . 69%
Int Bus Mach 135%
Int Harvester.. 42’, 41% 41% 42%
Kelvinator ... ... 11%
Natl Cash Rea 21 20%
Proc A Gamble 43%
Pullman lire ... 56% 58 56% 55%
Simmons Bed .... 21%
Und Elliot 37% 38
West Air B .. .. 34%
Westingh Elec 48% 48% 48% 49
Worthington Pmo .. ... ... 34%
Utilities—
Am A For Pwr,.. 18 17% 17% 17%
Am Power A Lit 14% 14% 14% 14%
A T A T 130% 129% 130 130%
Am Wat Wks . . 38% 38 38% 38%
Brook Un Gas.. . .. .. 81%
Col Gas A F.lec 23% 25% 25’. 25’,
Col G St E Did ... 79%
Com A 50U.... 4% 4% 4’, 4%
Consol Gas . 59% 58% 59% 58 s ,
Elec Pwr A- Lit 13’, 13 13% 13-%
E P A L nfd ... 27%
lilt TAT 19% 19% 19% 20
Lou GAEA ... 22% 22%
Nat Pwr A Lit . 18% 17% 18% 18%
North Abler . ... .34% 33’, 33’, 33%
Pac G A E 30 29%
Pub gerv N J... 53*, 53% 53’, 52%
So Cal Edison.. .. 25’, 25%
Std Gas . . . 19% 19% 19’, 19’,
Std Gas nfd.... . 21%
United C0r0... 12% 12% 12% 13%
Un Gas linn. .. 22% 22% 22% 22%
Chicago Stocks
1 " By Abbott. Hoppln <fc Cos.
TOTAL RALES 104,000
High. Low. Close.
Acme Steel Cos .. .. 37 7 * 37 1 < 37%
Adams Royalty 4
Allied Products 19% 19 19
Asbestos Mfg 4 3 * 4% 4%
Assoc Telephone Util %
Assoc Tel Util 6> pfd 2%
Bastion-Blessing 12% 12% 12%
Bendix Aviation . 19% 18% 19
Sinks Mfg .. 4
Borg Warner 211* 20% 20%
Brown Ponce & Wire B 3'*
E L Bruce Cos ... 17
Butler Bros 5 7 5% a 1 ?
Berghofi 16% 15% 15 3 4
Cent 11! Pub Serv pfd.. 25% 24’* 24%
Cent Pub Util %
Cent Ac So West 3% 3% 3%
Cent .V So West pfd . .. ... 17%
Chi A: North Western. 13% 10 13%
Chicago Corp com .... 4% 4 4%
Chicago Corp pfd 2R 7 a 28' 4 28%
Chicago Towel pfd .. 87%
Chicago Yellow Cab. . . 14 1 4 13% 13u
Cities Service 4 7 4% 4 7 *
Coleman Lamp AS 8
Commonweal: h Edison 67’* 67 67 ’*
Continental 7 - pfd .. . 11% 10 10%
Cord Corp .. 12% ll 3 * 12%
Crane Cos 11 io% io%
Crane Cos pfd 15
De Mets. Inc rfnee . . 13%
Dexter Cos 8 3 4 8% 8%
Edv Paper . .15 12% 15 '
Electric Household .... T2' 11% 11%
Gardner-Denvrr Cos . IP
Oodchaux 181 . 6%
Goldblatt Bros 25' 24% 25%
Great lakes Aircraft .. .. . 1%
Great Lakes Dredge . 18 17% 171*
Grevhound Corp .. 13,I 3 , 11. 11
Grief Bros 2' 2 3 4 2%
Hall Printing 8 7 3 4 8
Hart-Carter pfd .. g
Houdaille-Hershey IAI . 112
Houdaille-Hersliev iB .. 51,
Illinois Brick ] 71*
Iron Fireman g% 8 S>
Kalamazoo Stove . 29% 29 29
Kaw Drug 24% 24’3 24>,
Kevstone Steel li 4 14 141 3
Libbv-McNeil .. 6% B’, 6%
Lincoln Printing , i’
Lion Oil Reflnnig Cos 7% '7 7
Lvnch Corp 33 31
Manhattan Dearborn . a
Marshall Field .... 17 3 4 17 17
McGraw Electric . Ji.
Mickeiberry s Food Prod 6’, '6% 6%
Middle West Utilities... % 4 °i 4
. lidland United 1 > -i *.?
Midland United pfd 51
Modine ... “ * ** "
Muskegon Mot Spec \ 6
Nachmann Springfllled. . c
National Leather ju Si.
National Securities Inv . ~ 4:*
National Standard . ** “
National Union Radio., ’i% “i% ti.
Nobhtt Sparks Ind Inc. . 3
Northwest Boncorporat *o
Northwest Engineering. .. *" q
Perfect CiCrcle 25 24ix oit
potter co 1 ,‘ 3
process corp 36 * a ?*
Public Service N P .. 33 \ "37 7?
Public Ser 8% pfd . 4 33 I 3
Quaker Oats 139 1331, ,3?
Quaker Oats pfd 3 Jj?,,
Railroad Shares "" , v *
Reliance Mfg Cos i6% 'i ig%
Seaboard Util Shares. . % j a 3
Sears Roebuck 43% 32% 43%
Stgnode St Strap pfd.. 2 4
Stiidebaker Mail .. 1, "% u !
Studebaker Mail •A’,. .. 1?
Super-Maid ' 4 3
f w }JJ *Co 21* 20% 20S
Swift International .... 29 1 a 28% 28 3
Thompson. J R 13 1 a 12 3 * 12%
ua* fa’o* I9H 18,3 ‘i
utility A Ind. pfd 5% 5% s*.
wa!il t
Walgreen Cos 20 19%
Weulcesh* Motor 42 40 42
Wleboidt Stores 13 3 4 J3 13
WiUlam. Otl-O-Matid .: :: 3
Wisconsin Banksharea %
Wolverine Cement 311
Yetes Machine 3% 2*4 31:
Zenith Radio 3% 3 4 3 4
Ut Pwr A Lit. A 7% 7
Western Union.. 61 59% 60% 60%
Rubber*—
F;retone 24% 23% 24 26%
Goodrich 17*, 17% 17* 2 17%
Goodvear 38', 37% 37% 38’,
U 8 Rubber . . 14’, 14% 14% 14*.
U S Rub nfd 28% 28%
Kei Soring .4% 4 4 4%
Amusement*—
Croslev Radio 12
Fox nim 3% 3’,
Loews Inc . 23% 23% 23% 23%
Radio Corp . . 10% 10 10 10%
RICO 4%
Warner Bros ... 6% 6% 8% 6%
Food* —
Am Sug ... 65 66
Armour A .. 5% s’, 5% 6
Beatrice Cream . . . 76’, 26*,
Borden Prod . . 36’, 36% 36 s , 36%
Cal Packing ...... . ... 26
Cana Drv G Ale. 24% 24% 24% 25
Coca Cola .... ... ... 39%
Cont Bak A ... 15 15
Corn Prod ... ... 80% 79%
Crm of Wheat ... . . .. 34
Gen Foods . 37% 38
Gold Dust . 25% 25% 25% 25
O W Sugar . . 30% 30’, 30% 39’,
Hershey ... . 57
Int Salt 27 26%
Loose Wiles . 39% 39%
Natl Biscuit .... 56% 56% 56’, 58%
Natl D Prod 24% 23 s , 23% 24%
Pet Mtfk 13 13
Puritv Bak 22 21 7 ,
S Porto Rico Sug . . ... 35 35
Std Brands ... 27% 27% 27% 26%
United Fruit 63 62%
Ward Bak A 17%
Wrigley 49%
Retail Store*—
Ass Dry Goods 15%
Best A Cos ... 28% 29%
Gimbel Bros .... 7% 7 7 7
Or Un Tea 10% 9% 10'% 9%
Hahn Dept Sts., 8% 8% 8% 8%
Jewel Tea .. .. 42%
Kresge S S 15’% 15% 15% 15%
Kroger Groc . . 34% 33% 33% 34
Macv R H 62%
Mav Dept St ... 30% 31%
Mont Ward .... 27% 26% 26% 27
Penny J C 44% 44%
Safeway St ... ... 55%
Sears Roebuck.. 43'4 43 43 44
Woolworth ... 47% 47%
Aviation—
Aviation Corp... 12 7 , 12% 12% 12%
Douglass Air... 16% 18% 16% 16‘*
Curtiss Wright 3% 3%
Curtiss Wright A 6 5% 5% 6
Nor Am Av... . 8 7% 7>* 8
United Aircraft.. 37% 37% 37% 37%
Chemical*—
Air Reduction 93
Allied Chem . 130 128% 128% ...
Am Com Alcohol 42 41% 41% 41%
Col Carbon 67% 67 67 67%
Com Solvents... 28% 28% 23% 28%
Dupont 79% 78% 79% 79%
Freeport Tex 38% 38
Liqum Carb 40% 38% 38% 39
North Alkali . 37% 33 33 32’,
Tex Gulf Sulph. .. . 33% 33%
Union Carbide 43% 42% 43% 43
U S Ind Alcohol 67% 67 67 67
Nat. Distil 104 1024. 103’, 103'%
Drugs—
Coty Inc 7V, 7%
Drug Inc 57 56% 56% 57%
Lambert 38% 37% 38’, 38%
Lehn A Fink 21% 22
Zomte Prod 6% 6%
Financial—
Adams Exp 12% 12% 12% 12%
Allegheny Corp.. 7% 7% 7% 6%
Chesa Corp .... 48 47V, 47% 48’,
Transamerica .. 7% 7’, 7% 7%
Tr Conti Corp .. 8% 8% 8% 8%
Building—
Am Radiator ... 18% 17% 17% 18
Gen Asphalt 20% 20%
Int Cement 36% 35% 36% 35%
Johns Man ... .. 53
Libby Owens Gls 33% 32% 32% 32%
Otis Elev 22% 22%
Ulen Const 4%
Miscellaneous—
Am Bank Note.. .. ... 25% 25
Am Can 93% 92% 928 93%
Anchor Cap ... 23% 23
Brklyn Man Tr . . . . . 39
Conti Can 62% 61% 61% 62V,
Eastman Kodak 82% 82
Owens Bottle 89% 90
Gillette 18% 17% 17% 18 V,
Glidden 16% 16% 16% 16%
Gotham Silk ... 15% 16%
Indus Rayon ... 68% 67% 67% 69%
Inter Rapid Tr. . 8% 8% 8% 8%
Real Silk Hose 17%
Marriage Licenses
Andrew Samuel Rooinson. 38, Lafayette,
Ind.. mechanic, and Evelyn May Brown,
28. of 915 College avenue, hosiery worker.
Glen M. Furr. 19. Cloverdale. Ind..
farmer, and Eileen Hadley, 19. of 1138
Laurel street, house work.
Woodrow Marshall Shotts, 19. of 816
Bradshaw, spotter, and Dorothy Mae Lea
man. 17. of 1559 South Belmont avenue,
cashier.
Arthur Becker, 31, Route B. Box 275,
railroader, and Dessie Calvin, 19. of 3701
I Southeastern avenue, housewo'k.
William Von Hollingsworth. 21, of 1641
North Alabama street, inspector and Anna
Elizabeth Zapp. 21, of 820 North New
Jersey street, house work.
Ara James Cummings. 24. of 309 Cable
street, laborer, and Lillie Leota Sutton,
32. of 309 Cable street, housekeeper.
William Otto Schuermann, 39, of Uni
versity City, Mo., solicitor, and Melba
Rederer, 27, Seville hotel, housework.
Edward Colla, 50. of 132 North Traub
avenue, pensioner, and Bessie Pearl Bod
kin. 48. Indianapolis, housekeeper.
Francis Lee, 21. of 1908 West Vermont
street, hosiery worker, and Audrey Louise
Jones, 18. of 272 North Elder avenue,
housekeeper.
William Gazell Holliday, 21. of 1902
Madison avenue, building engineer, and
Evelyn Eileen Lear, 18, of 2550 Brookway
avenue, housework.
Raymond Leroy Carey. 25. of 2434 North
New Jersey street, salesman, and Mildred
Blinn. 26. of 4544 Guilford avenue, sales
woman.
Almet James Sheßherd. 24. of 901 North
New Jersey street, restaurant worker, and
Marjorie Mary Armstrong. 24 of 901 North
New Jersey street, housework.
Earl Robert Boss. 27. of 110 North Wal
lace street, federal employe, and Oliie
Fawn Rinehart, 23, of 110 North Wallace
street, housework.
Clyde Crosby. 27, Gas City, lnd„ clerk,
and Daisy Louise Leach, 22, R. R. 12,
housework.
Aaron David Baker. 21. of 1935 North
Illinois street, truck driver, and Marietta
Lillian Ague, 21. of 3250 East Washington
strre*. housework.
William C. Brandon Jr., 23, of 808' 2
Massachusetts avenue, minister, and Eliza
beth Grau, 20. 506 North Sheiman drive,
housework.
William C. Schwartz. 21, of 336 Forest
street, salesman, and Marie E. Monroe,
19, of 336 Forest street, housekeeper.
Edward Milton Rutledge, 47. of 1429
North New Jersey street, salesman, and
Mathilda Mix. 47. of 4940 University
avenue house work.
Jewell E. Ratts. 24, of 1345 West Thirty
fourth street, clerk, and Dorothy Soer, 25,
of 1345 West Thirty-fourth street, house
work.
Russell Eugene Whitaker. 25. of 333 Ban
croft street, salesman, and Frances Miriam
McGree. 22, of 333 Bancroft street, house
work.
Clarence Earl Mann, 23, of 1521 Roose-
I velt avenue, factory worker, and Orpha
Mary McCay, 20, of 2809 Burton avenue,
house maid.
Births
Boys
Ravmond and Mildred Foley. 1214
Pleasant.
Carl and Frances Queisser, St. Vincent s
hospital. , . _
Louis and Kathleen Bortlein. St. Vin
cent's hospital. 1 .
Frances and Mary Crawford, St. Vin
cent's hospital.
James and Myrtle Aldridge. Colman
hospital.
Arlan and Janice Burton. Coleman hos
i pital. _ ,
Robert and Grace Emmert. Colman hos
pital
Herman and Eunice Garvin. 2239 Drexel.
O'.in and Hilda Florea. St. Vincent's hos
-1 pital.
Eciwin and Mary McDermed. 1326
Southern.
Ravmond and Dewella Jackson, 405
Leeds.
Girls
George and Caroline Ziegler. St. Vin
cent's hospital.
Fred and Ruth Relnert. St. Vincent's
hospital.
Ralph and Mildred Clark. St. Vincent’s
hospital.
Norbert and Helena Sack. St. Vincent's
hospital.
Harold and Frances Boese, St. Vincent's
hospital.
Wirt and Ethel Grinstead. St. Vincent's
hospital.
Arthur and Rose Burns. St. Vincent's
hospital*
Kenneth and Ida Ruhl. 4915 Orion.
Jewell and Helen Shorter. 1604 West
Riverside drive.
Ernest and Aaan Billingsley, 22 North
Pennsylvania.
Henry and Esther Leverenz. 5930 Critten
den.
Glen and Bernice Black. Coleman hos
pital.
Thomas and Jane Powers, 5443 Suther
land
Crist and Turpa KazakofT. 763 Arnolds
Joseph and Romilda Suding. St. Vin
cent's hospital.
Tildon and Clovtne Lucas. 2226 Union.
Marvin and Mary Woodard. 421 Harlan.
Deaths
Birdie C. Ekev. 67, Sines saniuuium.
carcinoma.
John Ammerman. 86 4830 Park, coronary
thrombosis.
Paul Hungerford. 60. city hospital, cardio
vascular renal disease.
Agnes M Mendell. 60. 1802 Koehne. cor
onary occulsion.
Cora Katherine Blackburn. 58. St. Vin
cent's hospital apoplexv.
Charles H. Stuckmever. 82. 941 English,
chronic cardiac vascula renal disease.
William A. Dobson. 30. Long hospital,
endocarditis.
Jack Kenneth Balcom. 8. 1635 Tem
perance. acute myocarditis.
James Philip Baker 88. 4421 North
Illinois, acute cardiac dilatation.
John Alien Hundley. 79. 2153 Park,
acute cardiac dilatation
Maude Foster. 45. eitv hospital, chronic
neohritis.
Thomas F Zimmerman 62. 540 Buchan
an acute cardiac dilatation
Sarah Joy. 76. 801 Biltmore. lobar pneu
monia
Jacob C. Raster. 2323 East Washington
chronic myocarditis.
Plumbing Permits
J W. Wurz. 6117 East Washington. 3
fixtures.
L. G Heckesberg. 1237 West Washing
ton. 2 fixtures.
H Muegze. 1501 Kelly. 2 fixtures.
J- C. Bm!th. 115-17-19 West Twenty-sec
ond, 5 fixtures
B. A. Wilson. 1434 Missouri. 4 fixtures.
tures WWa * Brothers - 2028 LexlWtton. 3 fix
STOCK MARKET
HOLDS GAINS IN
ACTIVE SESSION
Favorable Business News
Affects All Sections
of List.
Average Stock Prices
Average of thirty industrials for Wednes
day. high 104.70. low 101.02. last 102.74
off_ 1.03. Average of twenty rails. 54.66
51.74, 54.36, up .98. Average of twenty
utilities. 35 74. 35.00, 35 66. off .79. Aver
age of forty bonds 86.73, off 01.
BY ELMER C. WALZER
United Press Financial Editor
NEW YORK. July 6.—Prices were
mixed in a narrow range at the
opening on the stock Exchange to
day with volume large. Rails were
Arm, several making new 1.933 highs.
Business news was favorable.
Railroads were registering further
gains in car loadings and were ex
pected to make an excellent show
ing in the first half of 1933. Steel
operations jumped 3 points to 56
per cent of capacity. Electricity
output gained 13.75 per tent over
the 1932 period, the best percentage
showing in four years.
New York Central featured the
carrier division. It mounted to a
new 1933 top at 54%, up \ on a
block of 12.000 shares. Atchison also
made anew high at 77%, up % on
1,700 shares.
Leaders in the industrial divi
sion lagged fractionally. American
Can was off % at 93ys, while Gen
eral Electric, Chrysler, Woolworth,
General Motors, Bethlehem Steel
and Auburn Auto also lost small
amounts.
The "wet” ground was' mixed.
Liquid Carbonic firmed up to 40%,
up 1%, while National Distilleries
lost % to 103.
Bank Clearings
INDIANAPOLIS STATEMENT
—July 6
Clearings $1,916,000.00
Debits 5,108,000.00
TREASURY STATEMENT
—July 6
Net balance for July 1 $869,618,180.97
Expenditures 75,782.113.74
Customs rects. mo to date.. 586,824.42
Foreign Exchange
(Bv Abbott. Hoppin & Cos.)
—July 5
Close.
Sterling. England * $4.45
Franc. France 0526
Lira. Italy 0719
Belgas. Belgium .' 1895
Mark. Germany 3199
Guilder. Holland 5375
Peseta. Spain 1125
Krone. Norway 2245
Krone. Denmark 1095
Mew York Curb
By Abbott, Hoppln & Cos.
—juiy 5
, Close; Close.
A1 Cos of Am.. 88 Lake Sh Mines. 38%
Am Bey 3 3 s Lone Star Gas.. 1094
Am Ct P & L B s!*: Mount Prod 5 3 4
Am Cyan B ... 14 iNatl Bellas Hess 4 3 a
Am & For Pwr. 12 iNiag Hud Pwr. 13Va
Am G & E 1.... 43%!Pan Am Airways 34 3 *
Am Sup Pwr... 7ti;Parker Rstprf .. 48 5 8
Ark Ntl Pw A. . 3 ! Pennroad 4V 2
As Gas A 2 [Pioneer Gld M.. 12 3 a
Atlas Ut Crp... 17 s a!St Reg Paper... 6'/s
Braz Tr & Lt.. 15>2lSalt Creek Prod 7 7 e
Can Marconi .. 2'ii Segal Lock IV B
Cities Sery ... 4%jStd Oil of Ind.. 32 7 s
Com Edison ... 66>/ilStd Oil of Ky... 17'-
Cord 12 ’stutz 17 *
Derby Oil 2VlTranslux 2Va
El Bnd & Sh... 36 3 /* United Found .. 2 3 'a
Ford of Eng ... 5 [United Gas .... 4 3 a
Ford oMt Can .13 |Un Lt & P A... 7%
Hud Bay Min. 8 3 4 [United Verde ... s>/a
Imperial Oil .. 1444 Util P & Lt.... 2 3 /4
Irving Airchute 6 ! 2!Woolworth Lmt. 19
Inti Petrol 18 7 'aiWright Hargvs.. 6
Liberty Bonds
B\j United Press
NEW YORK. July s.—Closing Liberty
bonds: (Decimals represent thirty-sec
onds 1.
Liberty 3‘2S (32-47) 102 27
Liberty first 4s (32-471 102.16
Liberty first 4’4s (32-47) 102 3
Liberty 4th 4V 4 s (33-38) 102 31
Treasury 4*4s (47-52) .. 110 8
Treasury 4s (44-54) 106 26
Treasury 3 3 4 s (46-561 105’6
Treasury 3 3 a s (43-47) 102 20
Treasury 3 3 a s (41-431 March 102 12
Treasury 3%s (40-43) June 102T8
Treasury 3tgs (46-49) 100 9
Treasury 3s (51-55) 99^2
Investment Trust Shares
(By Abbott, Hoppin & Cos.)
—July 5
American Bank Stocks Corp. 1.27 'V4S
American Founders Corp ... 187 200
American & Central Sec “A" 5.50 650
Basic Industry Shares 3 67
British Type Inv Tr Sh 90 iOO
Collateral Trustee Shares "A” 5.00 557
Corporate Trust Shares (old). 342
Corporate Trust Shares (new) 2.61 268
Cumulative Trust Shares .... 448
Diversified Trust Shares "A" 662
Diversified Trust Shares -'B" 8.87 912
Diversified Trust Shares “C” 3.50 370
Diversified Trust Shares "D" 5.37 5.87
First Insurance Stock Corp.. 170 220
j First. Common Stock Corp ... 1.27 1'45
Fixed Trust Oil Shares "A".. 9.27 940
Fixed Oil Shares "B" 7.90 805
Fundamental Trust Shares A.. 460 470
Fundamental Trust Shares B 4,50 460
Low Priced Shares 6.37
Mass Inves Trust Shares 19.98 21.71
Nation-Wide Securities 3 90
North Am Trust Shares (19531 2.01
North Amer Tr Shares '55-56) 2.74 3.05
Selected American Shares.... 298
Selected Cumulative Shares.. 7.57 7.67
Selected Income Shares 4.00 4.10
Sid Amer Trust Shares 3.20 3.25
Super Amer Trust Shares A 3.30 ....
Trust Shares of America ... 3.35 3.50
Trustee Std Oil “A" 5.50 5.75
Trustee Std Oil B’ 4.90 5.15
LT S Electric Light & Pow A 16.50 . . .
Universal Trust Shares 3.30 3.40
Daily Price Index
By United Press
NEW YORK, July s.—Dun & Brad
street's daily weighted price index of
thirty basic commodities, compiled for the
United Press:
<1930-1932 average, 100)
Today, 101.70
Saturday 99.51
''/tk ago 99.72
Month ago 91.99
Year ago 74.05
1933 high (July 5( 101.70
1933 low (Jan. 20) 67 85
(Copyright. 1933. Dun A- Bradstreet. Inc.)
In the Cotton Markets
—uly 5
CHICAGO
High. Low. Vlose..
January 11.00 10.70 10.71
March 11.15 10.79 10.85
May 11.30 10.10 10.10
•July 10.35
October 10 76 10.39 10.49
December 10.93 10.60 10.66
NEW YORK
January 10.93 10 55 10.63
March 11.04 10.72 10.76
May 11.16 10.87 10.92
July 10,42 10.04 10.04
October 10.75 10.32 10 38
December 10.92 10.50 10.57 j
NEW ORLEANS
January 10.72 10.53 10.60 [
March 11.03 10.69 10.73 |
May 11.05 10 85 10.88
July 10.27 10.03 10.03
1 October 10.70 10 26 10.36
December 10.86 10 45 10.55
NEW YORK COFFEE FUTURES
—Julv 5
—RIO—
High. Low. Close.
January ... 5.92
March 5 97 5 83 5.92
May 5.98 5 80 5 93
! Julv 5 96 5 88 5.88
September 5.92 i
December 5.93 5.80 5.92
. SANTOS
Januarv ... 8.00
March 7.99 7.8S 7.99
May 7.99 7.86 7.99
Julv 8.19 8.15 8.19
September 8.08 7.95 8 05
December * 8.05 7.93 8.03
THE INDIANAPOLIS TIMES
INDIANA STOCKS
AND BONDS
The following quotations do not rep
resent actual bids or offerings, but merely
Indicate the approximate market level
based on buying and selling inquiries or
recent transactions
—July ft—
STOCKS
Bid. Ask.
Belt Rail & Stock Yards com 25 30
Belt Rail 4c Stock Yds pfd 67- 45 50
Cent Ind Pwr pfd 7% 13 16
Citizens Gas com 13 16
Citizens Gas Cos pld 5% 62 66
Home T A- T Wayne Dfd 7%.. 36 40
Ind <fc Mich Elec Cos pfd 77-.. 68 i3
Ind Gen Service Cos pfd BT-.. 61 6a
Ind Hydro Elec Cos 7% 27 30
Indpls Gas Cos com 40 44
Indpls Pwr & Lit pfd 6% .... 59 63
Indpls Pwr & Lt Cos pfd 6%% 63 67
Indpls Water Cos nfd 50. 87 91
No Ind Pub Serv Cos pfd 5%0- 36% 40*2
No Ind Pub Serv Cos 60... . 38 42
Nt Ind Pub Ser Cos TO- 40 44
Public Ser 1 ' coos Ind pfd 60 14 17
Public Serv Cos of Ind pfd 70 37 41
South Ind Gas %El pfd 60- 64 68
Terre Haute Elec pfd 60 40 43
BONDS
Belt R R & Stkyds 4s 1939 88 92
Citizens Gas CO 5s 1942 79% 83%
Home T 4c W 5%s 1955 95 98
Home T 4c T W 6s 1943 97% 101%
indpls Gas Cos 5s 1952 83 86
Indpls Rys Inc ss. 1967 25 29
Indpls Water Cos 4%s 1940 ... 97% 101%
IndulS Water Cos 5s 1960...... 92 96
Indpls Water Cos 5s 1970 91% 94%
Indpls Water Cos 5s 1970 ... 93 102
Indpls Water Cos 5%s i954 .98 102
Kokomo Wat Works 5s 1958... 74 78
Lafayette Tel Cos 5s 1857... . 82 86
Muncie Water Works 5s 1939.. 90 94
Richmond Water Works 1957. 83 87
Terre Haute Water Wk 5s 1956 82 86
Terre Haute Wat Wk 6s 1949.. 92 96
Traction Terminal Cos 5s 1957. 42% 47%
Joint Stock Land Banks
Bid. Ask.
Atlanta 5% 40*% 43%
Atlantic 5% 46 49
Burlington 5% 37 40
California 5% 55 58
•Chicago 5% 26 29
Dallas 5% 53 56
Denver 5% 52 55
Des Moines 5% 50% 54%
First Carolina 5% 38 38
First Ft. Wavne 5% 52 55
First Montgomery 5% 38% 41%
First New Orleans 578 37 41
First Texas 5% 49 52
First Tr Chicago 5% 55 58%
Fletcher s ln 69 73
Freemont 5% 58 61
Greenbrier 578 53 61
Greensboro 5% 47 50
Illinois Monticello 5% 60% 63%
Illinois-Midwest 5% 43 46
Indianapolis 5% . w 77 81
lowa 5% 57 60
Kentuckv 5% 61 64
Lafayette 598 50 53
Lincoln 5 98 52 55
Louisville 5% 52 55
Maryland-Virginia 5% 67 70
Mississippi 5% 45 48
New York 5% 48 51
North Carolina 598 40 43
Oregon Washington 598 38 41
Pacific Portland 598 47 50
Pacific Salt Lake 5% 50 53
Pacific San Francisco-5% 50 53
Pennsvlvania 598 53 57
Phoenix 5% 68 71
Potomac 599 50 53
*St Louis 598 25 28
San Antonio 598 5 5 58
♦Southern Minnesota 5% 15 18
Southwest 598 41 44
Union Detroit 598 51 54
Union Louisville 598 52 % 56%
Virginia Carolina 598 43 46
Virginia 598 53 56
•Flat.
Produce Markets
Delivered in Indianapolis prices: Hens,
heavy breeds over 4% lbs.. 8c: Leghorns,
6c. Broilers: Colored springers. 1% lbs.
up. 13c: springers iLeghorn). 1% lbs. up,
10c; barebacks. 7c: cocks and stags, 6c;
Leghorn cocks and Leghorn stags, sc.
Ducks, large white, full leathered and fat,
over 4 lbs. 4c: small and colored, 3c.
Geese, full feathered and fat, 3c. Young
guineas. 20c; old guineas. 15c. Eggs—No. 1
fresh country run eees. 11c. Each full egg
case must weigh 55 lbs. gross;*a deduction
of 10c per lb. for each lb. under 55 lbs.
gross will be made. Butter—No. 1. 26®
27c; No. 2. 24® 25c. Butterfat—2lc. Quoted
bn the Wadlev Company.
BY’ UNITED PRESS
CHICAGO. July 6.—Eggs—Market, un
settled. prices unchanged to % cent low
er; receipts. 10,614 cases; extra firsts. 14©
14%c; firsts. 13%®14c; current receipts,
11%© 12%c; dirties, 10%c. Butter—Market,
unsettled, prices unchanged to % cent
lower: receipts, 11,700 tubs; specials. 25*%©
26c: extras. 25c; extra firsts, 23%@24%c
---firsts, [email protected]%c; seconds. 19®21c; stand
ards. 25c. Poultry—Market, firm; receipts,
43 trucks; fowl, 13%c; Leghorn broilers,
geese. 6%®10c; turkevs. 10© 11c; roosters
21® 13c; Leghorns, 10c; ducks. [email protected];
8c; broilers. [email protected]%c; stags, 11c. Cheese-
Twins. 13®13%c; Longhorns, 13%©13’/,c.
Potatoes—On track. 181: arrivals. 85;
shipments. 688; market strong; Virginia,
sacked, cobblers, $3©3.25; Oklahoma
sacked. Triumphs. $2.75: Missouri and
Kansas, sacked, Cobblers. $2.50®2.75;
North Carolina, sacked. Triumphs. $3-
Virginia, barrel. Cobblers, $5.50.
NEW YORK. July 6.—Potatoes—Higher;
southern. $1®5.50 a barrel: Maine. $3.50©
3.75 a barrel. Sweet potatoes—Firm; Jer
sey basket, sl®.2. Flour—Quiet, springs,
patents, $5.95® 6.35 a sack. Pork—Steady;
Mess; sl9 a barrel. Lard—Firm; middle
west spot, S6.SO® 7 a 100 pounds. Dressed
poultry—Steady: turkeys, 14© 24c; chick
ens, 9©,25c; broilers, 13© 20c; fowls, 9© 15c;
Long Island ducks. 20®25c. Live Doultry
—Firm; geese, 6©Bc; turkevs. 10®15c;
roosters. 8c: ducks. 9® 14c; fowls. 10© 16c
chickens. 18© 22c; broilers. 10© 22c. Cheese
—Steady; state vrhole milk fancy to spe
cials, 20®21%c; Young America. 15*%©
18%c. Butter —Market, steady; creamery
higher than extras. 26©26%c; extra 92
score. 25c; first, 90 to 91 score. 24©24%c
---first. 88 to 89 score, 22%©23c: seconds.
20%©21%c. Eggs—Market, steadv: special
packs, including unusual hennery selec
tions. 17%©20c: standards, i7c: firsts.
15%c; seconds. 14©'14%c: mediums, 13%©
13%c: dirties, 13%c; checks, 12c. White
eggs—Pacific Coast, fresh, shell treated,
fancy. 24%©25c: Pacific Coast, standards
23%© 24c; Pacific Coast, shell treated,
mediums. 21c.
Other Livestock
BY UNITED PRESS
FT. WAYNE July 6.—Hogs—s-10e up:
250-350 lbs., $4.60; 200-250 lbs., $4.50: 170-
200 lbs., $4.40; 140-170 lbs.. $4,15; 130-140
lbs., $3.50; 100-130 lbs., $3.25. roughs,
$3.25(23.50; stags, $2.05. Calves. $5; lambs]
$6.50. Cattle—Steady steers, good to
choice $5(2 5.50; grass steers good to
choice, $4.50(2 5; medium good, $323 50-
heifers, dry fed, good to choice. [email protected];
grass heifers, $424.25; medium to good,
S3®4; common to medium. $3(23.50; cows
good to choice $2.5023; medium to good]
$2(22.50; cutters. $1.7522: earners, sl®
1.50; bulls, good to choice. $32 3.25; me
dium to good. $2.50(2,3; butchers, good
light. $3®3.50.
CINCINNATI, July 6.—Hogs—Receipts,
4.500 jncluding 704 direct and through;
190 held over; active, mostly 5c higher on
180-300 lbs., top and bulk $4.80; lights
mostly 10c higher and light lights and
packing sows steady; 150-180 lbs., $4(2
4.50; 130-150 lbs., mostly $3(2 3.75; a few
best strongweights, $4.65: most packing
sows. $3.26(5 3.50. Cattle—Receipts. 750;
calves, receipts, 450: generally steady;
calf trade slow, especially plainer kinds;
most steers and heifers. S4.2o<*i 4.35: odd
lots upward to $6: beef cows, largely
$2.50(2 4.25; a few 53.50: low cutters and
cutters, $1.25(22.25; bulls mostly $2.50(2
3.40: a few $3.50; good to choice veaiers,
$4.50(5 5.25: scattering sales choice handy
weights. $5.50. Sheep—Receipts. 3,000; at
lambs mostly 50c higher than Wednes
day’s average or 25c higher than closing
rounds; good to choice ewes and ivether
lambs, $8(28.50; some choice handv
weights. 58.75; nsedium grades mostly
$6.50 5 e7.50: commdh. $5.50® 6.50; culls on
down, S4: a few fat aged ewes unchanged
at SI © 1.50.
NEW YORK RAW SUGAR FUTURES
—July 5
High. Low’. Close.
January 1.61 1.58 1.58
March 1 66 1.62 1.63
May 1.70 1.67 1.67
Julv ... 1.49
September 1.52 1.49 1.50
December 1.60 1.56 4.57
CHARGE KNIFE ATTACK
Man Accused of Murder Attempt
After Slashing Is Reported.
Grant Franklin, 40, of 2128 North
Oxford street, was arrested Wednes
day night on charges of assault and
battery with, intent to commit mur
der after he is alleged to have
slashed Harry Rockwell, 2149 Parker
avenue, on the neck.
Ten stit-ches were required to close
a wound in Rockwell's neck and he
also was treated by a private physi
cian for head cuts.
ENDS LIFE BY VOLTAGE
Farmer Climbs 45-Foot Pole. Delib
erately Electrocutes Himself.
By United Press
RACINE. Wis., July 6.—Frank
Smerchek. 53. a farmer, Wednesday
selected one of the most unusual
ways to commit suicide ever
recorded in Racine county.
Smelrchek, ill, climbed a 45-foot
pole, grasped a high tension wire,
and died instantly when 27,000 volts
of electricity passed through his
body.
He is survived by his widow and
two sons.
SWINE STEADY
TOIO CENTS UP
AT Cin YARDS
Cattle Show Few Changes
With Vealers 50 Cents
Higher.
Hogs ranged steady to higher to
day at the Union Stockyards,
weights over 160 pounds showing a
10-cent advance with underweights
holding at the previous session's
levels. The bulk of sales, made on
180 to 350-pound weights, were in a
range of 54.60 to $4.70. Top price
was $4.90. Receipts were estimaated
at 9.000. Holdovers were 319.
Slaughter classes generally were
steady in the cattle market with
best steers held around $6.25. The
bulk of fresh and stale kinds sold
downward from $6. Receipts were
800. Vealers were strong to 50 cents
higher than Wednesday, selling at
$5.50 down. Calf receipts were 800
Lambs were unchanged, ewe and
wethers selling largely at $7.50 to
SB. Bucks brought a dollar less.
Throwouts ranged down to $5. Re
ceipts were 2,000.
With the market moving excep
tionally slow, asking on hogs at
Chicago was fully 10 cents higher
than Wednesday's average with in
dications --remaining steady. Re
ceipts were estimated at 24.000, in
cluding 12,000 direct; holdovers,
5,000. Cattle receipts numbered
4,000; calves, 2,000; market, strong.
Sheep receipts were 5,000; market,
strong.
HOGS
June. Bulk. Ton. Receipts
28. [email protected] 4.55 $4,60 8.000
29. 4.45® 4.55 4.60 9.000
30. 4.35® 4.50 4.50 9.000
Y ls - 4.35® 4.55 4.45 3.000
3. 4.50® 5.65 , 4.65 7,500
5. 4.45® 4.60 4.60 1,100
6. 4.60® 4.70 4.90 9.000
Market Higher
(140-160) Good and choice....s 3.65® 4.00
—Light Weights—
(l6o-180) Good and choice ... 455
(180-200) Good and choice. .. 4.60
—Medium Weights—
(2oo-2201 Good and choice 4 - 65^
(220-250) Good and choice ... 4 65® 4.75
—Heavy Weights—
(2so-290' Good and choice.... 4.70® 4.75
1290-350) Good and choice 4.60® 4.70
—Packing Sows —
(350 down) Good 3 85® 4.10
(350 up) Good 3.75® 4.00
(All weights) medium 3.50® 3.85
—Slaughter Pigs—
-100-130) Good and choice.... 2.75® 3.00
CATTLE
Receipts. 800: market, steady.
(1.050-1.100) . . .. _
Good and choice $ a.so® 7.00
Common and medium 4.25® 5.50
(1.100-1.500)
Good and choice 5.50® 7.00
Medium 4.25® 5.25
—Heifers—
(sso-750)
Good and choice o.oo® 6.00
Common and medium 3.U® 4.75
(750-900)
Good and choice 4 -2§?? 5.75
Common and medium 3.25® 4.2d
—Cows—
Good 3 25® 4.00
Common and medium 2.50® 3.25
Low cutter and medium 1.50® 2.50
—Bulls (yearlings excluded)—
Good (beef) 252
Cutter, common and medium.. 2.00® 3.00
VEALERS
Receipts. 800; market higher.
Good and choice $ [email protected] 5.50
Medium 3.50® 5.00
Cull and common 2.00® 3.50
—Calves—
(2so-500) .
Good and choice 4.00® 4.50
Common and medium 2.00® 3.50
—Feeder and Stocker Cattle—
(soo-800)
Good and choice 5'29
Common and medium 3.00® 4.7a
(800-1.500) , „
Good and choice 4.75® 6.00
Common and medium 3.00® 4.75
SHEEP AND LAMBS
Receipts, 2,000; market steady.
—Lambs. Shorn Basis —
(90 lbs. down) good & choice. .$7.00® 8.00
(90 lbs. down) com. & med... 4.50® 6.50
—Ewes—
Good and choice 2.00® 3.00
Common and medium I.oo® 2.00
Other Livestock
BY UNITED PRESS
CHICAGO, July 6.—Hogs—Receipts, 24.-
000. including 12.000 direct; active, strong
to 5c higher than Wednesday; bulk 200-300
lbs.. $4.55® 4.65; top. $4.65; heavier weights,
down to $4.35 and below; 140-190 lbs..
$3.75® 4.60; pigs, s3® 3.50; most packing
sows. $3.65®4.15; light lights, 140-160 lbs.,
good and choice. $3.60®4.40; light weight,
160-200 lbs., good and choice, $4.15®4.60;
medium weights. 200-250 lbs., good and
choice, $4.35(24.65; heavy weights, 250-350
lbs., good and choice, $4.35(2:4.65; packing
sows. 2-75-550 lbs., medium and good, $3.50
®4.30; slaughter pigs, 100-130 lbs., good
and choice, $3(<j3.60. Cattle—Receipts, 4.-
000: calves. 2,000; fed steers and yearlings,
10® 15c higher, largely on shipper account:
grassy and short fed kinds about steady;
shippers fairlv active; run includes moder
ate holdovers from previous day; best fed
steers with weight 685 lbs., largely $5.25
®6.50; market with grassy and short fed
kinds $4.75 down to 375: other kilhng
classes strong ‘o higher: veaiers, 50h?5c
up at $5.25®6 25; slaughter cattle and
veaiers: steers, 550-900 lbs., good and
choice, $5.25® 7; 900-1100 lbs., good and
choice, $5.25® 7. 1100-1300 lbs., good and
choice, $5.25®7; 1300-1500 lbs., good and
choice. $5.25® 7: 550-1300 lbs., common and
good, $3(3 5.25; heifers. 550-750 lbs., good
and choice, $4.75®6; common and medium,
52.7525; cows. good. $3®4.25; common and
medium, $2.50® 3; low cutter and cutter.
SI © 2.50; bulls, yearlings excluded, good
beef. $3.25® 3.75; cutter, common and me
dium, $2.75(33.60; veaiers. good and choice,
$5.25®6.75; medium. $4.50®5.25; cull and
common. $3®4.50; Stocker and feeder cat
tl6: steers, 500-1050 lbs., good and choice,
$4.50® 5.85; common, and medium. $3(3 3.50.
Sheep—Receipts, 5.000; fat lambs, active,
fully 25c higher: some held for more up
turn: good and choice. 57.50®8; with small
killers operating at SB.IO and higher;
range lambs, absent; yearling, strong;
slaughter sheep and lambs: lambs. 90 lbs.
down, good and choice. $7.50®8.25; com
mon and medium ewes, 90-150
lbs., good and choice, $1.25®'2.75: all
weights, common and medium, $1.00®;1.75.
PITTSBURGH. July 6.—Cattle—Receipts,
30; market, steady. Hogs—Receipts, 1,000:
market, steady, active; prime heavies, 240-
270 lbs.. $4.75® 4.90: heavy next. 210-240
lbs., $4.85® 4.95; medium. 180-210 lbs.. $4.90
@4.95; heavy yorkers, 160-180 lbs., $4.75®
4.95; light yorkers. 120-145 lbs., $3.75®
4.25; lies, 90-115 lbs.. 533/3.50; roughs, s3®
3.50. Sheep—Receipts, 800: market, steady;
lambs, good to choice, s7® 7.50; lambs, me
dium, 90 lbs., down $5.50®6; lambs, me
dium, 91 lbs. up $4.50® 5; sheep wethers
primes $2.50(32.75; sheep ewes, medium to
choice. [email protected] Calves—Receipts, 100:
market, steady, strong; veaiers, good. $5.50
®5.75: a few choice at $6.50; veaiers. me
dium, [email protected]; heavy and thin, 53.25®
CLEVELAND. July 6.—Cattle—Receipts.
250; market, fully steady; good steers
bringing up to $6; all sold early; fancy
dry fed yearlings. s6® 7: choice to prime
yearling heifers. $5®5.75: prime yearling
bulls, $4.50®5: prime butcher cows, S3®
3-15. Calves—Receipts. 600; market, active
and fully steady: choice to prime, $6 50®7;
good. s6® 6.50; fair to good. ss® 6; com
mon. $4..a0 down. Sheep—Receipts. 600:
market, active. 25 cents higher on finest
fPrjpKersy all sold early: choice wethers
5Z.50® 3.2a: medium to good, $1.50® 2-
choice spring lambs. $7®7.75. Hogs—Re
ceipts. 1 300: market, active. 5 cents
higher; pigs, roughs end stags, steady;
all sold early: heavies. $4.90: choice
butchers 130-250 lbs., $4.90; roughs. $3.50'
pigs, $3.25® 3.50.
*nF’ 4 *®T BUFFALO. July 6.—Hogs—on sale
strong to 10c higher;
bulk 170 to 260 lbs.. $5 00® 5.10; under
weights slow. 160 lbs., $4.25 down; slaugh
ter pigs down to S3 50. Cattle—Receipts.
2d: slow at Monday's decline; common
grassy kind steers dull: fat cowie siow;
cutter grades, active $1.50® 2.50. Calves—
receipts. 100. active, generally steady, top
mostly $6.00; few select held above; com
mon and medium $4.00® 5.50. SHEEP—
Receipts, 300; quality plain: no good
lambs offered, nominally steady $7.50 38 00
for choice ewes and wethers; common and
medium [email protected] 6 50: culls $5.00 down
sheep steady, mostly $1 5032.50.
EAST ST. LOUIS. July 6.—H0g5—12,500.
Market, strong to 10c higher Top $4 65,
bulk 190-290 lbs. $4.50®4.6G; 160-190 lbs..
*4.25® 4 50: 140-160 ibs,. *3.50® 4.25.' 100-
130 lbs $2.60® 3 25; sows. [email protected]
Cattle. 2.500. Calves. 1.500. Market
steers strong to 15c higher: sausage bulls
10® 15c higher; veaiers 25c higher; other'
steady to strong. Top yearlings. $6.10;
other steers $4.903 6 00; mixed and heifers
$4.505 5 50: top heifers $6.10; cows $2.50®
3 25: low cutters $1.5031.75; top susaz
bulls 53.15; veaiers *5.00, Sheep—4 000
MarFset, lam.bs strong to 25c higher; top
to citv butchers $7.75; early bulk to ship
pers $7.2567.50; fat ewes $1.50®:2.75.
LAFAYETTE, July 6 —Hogs—Market
steady ttf 20c higher: 225-300 Ibs. $4 66
300-325 lbs.. $4.40: 200-225 lbs $1.50; 190-
200 lbs.. $4.45: 170-190 lbs.. $4.40 1 50-170
lb.. $3.80; 140-150 lbs.. $3 40; 130-140 lbs
$2.00; 120-130 lb*., $2.75; 100-120 lbs
$2.50: roughs. $3 75 down. Calves—Market
top $4.00. Lambs—Steady, top
•0.50.
Today and Tomorrow
J
An Adjournment, or Recess, of the London Economic
Conference Is Necessary.
BY WALTER LIPFMANN
LONDON. July 6—The problem of adjourning the London economic
conference now is the main business of the conference. On the es
sential point there really is no disagreement. It generally is recognized
that, except possibly for certain arrangements relating to the control of
production, no important decisions, are possible at this time. Tariffs can
be discussed. They can not be regulated until prices and currencies are
more clearly defined. The monetary problm can not be dealt with here
under the present economic conditions.
In its immediate aspects, no decisions are passible,
because the American monetary movement has not
been completed, because the future of the gold cur
rencies has not been finally tested, because the British
can not or will not openly commit themselves.
The more far-reaching aspects of the money prob
lem, such as the working out of plans for the future
of a managed gold standard, could, perhaps, be exam
ined quietly by experts, but they can not. I believe, be
discussed publicly by responsible ministers as long as
the posiiton of some of the gold currencies is un
settled.
There, in one form or another, an adjournment or
a recess, or the equivalent by some other name, is
necessary. The question is how to produce this ad
journment in a way which will inflict the least dam
age upon the prestige of the governments.
Here there is room for ingenuity and diplomatic finesse, and in the
next few days many different formulae will be considered.
WHAT is desired is a form of
adjournment which will not
be a breakdown amidst bitterness
and recrimination. What is needed
is the kind of adjournment which
will give time for American policy
to be consummated, for American
ideas to be more clearly formulated,
for the American representation to
be recognized, for the future un
folded, for Britain to choose a def
inite course.
In short, the problem is how to
achieve a constructive rather than
a destructive adjournment.
It must be realized that except
among public men who have a po
litical stake in the conference and
among economists and financiers
who are shocked by the American
financial heresies, the underlying
sentiment here is one of genuine
hopefulness that a world recovery
actually has begun.
Men are not waiting for the con
ference to save them. The recovery
has been proceding while the con
ference has been wrangling, and it
is on the economic facts rather than
upon conference resolutions and
declarations that men’s interest ev
erywhere is centered.
an u
NATURALLY every one is re
served and skeptical and no
one wishes to appear a foolish opti
mist. The governments are capable
of doing reactionary and danger
ous things.
A controlled inflation which is
really controlled is not yet a guar
anteed success. But the fact is
there, nevertheless, that world prices,
and not merely American prices,
are rising and that men all over
Europe as well as in America are
beginning to go back to work.
In the group of countries which
do about 75 per cent of the trade
of the w.orld, in the whole dollar and
sterling area, it hardly is disputed
that the American program is in
its actual effects not a selfish and
isolated kind of nationalism, but
an example to and an energizing
force upon the whole world economy.
It is well to bear these in mind.
For they are the real things which
offset the relatively petty melan
chollia that pervades this miscon
ceived and disorganized and badly
timed conference.
Our task then is to contribute
what we can toward helping the
conference to adjourn in a decent
spirit, to provide for a continuation
of the exploratory discussions, and
during the recess to let the effects
of a managed recovery be ex
perienced.
(Copyright, 1933)
KROGER EARNINGS GAIN
IN FIRST SIX MONTHS
An Increase of $929,749.17 Is Shown
Over Last Report of 1932.
Despite a 10.7 per cent decrease
in dollar sales of the Kroger Gro
cery and Baking Company during
the first six months of 1933, net
earnings showed a favorable in
crease of $929,749.17, according to
a semi-annual report issued by the
company today.
In comparison with the same pe
riod of 1932, no change was displayed
in number of shares of common
stock outstanding at close of the
sixth period, both totaling $1,811,091.
Earnings per common share during
the period was $1.25, an increase of
51 cents over the last six months of
1932.
During the six months from Jan.
1 to June 17, the company redeemed
preferred stocks and bonds in the
amount of $649,400 par value. Cur
rent assets on June 17 totaled $29,-
908.009.81, while current liabilities
were $6,421,343.74.
HORIZONTAL ANSWER TO. PREVIOUS PUZZLE IO Supreme deity
1 Pafd publicity. ,1 , Ig-'l’ ly-v a IV i-r-V ot ,h *
3 Who in the lady I SL ]P AST E UR| pantheon,
in the plcturcf ROASTIAE Q.' I 11 1 h4> lnd ’' ,n * l '*
APsWhMrpreiß-: r oag§ si;;-; v^o.
I * , & e tianaßsenlr i o n v„“ "we — f
0p,,,e - i dMeinl It™ ikk li!Tro^r%.,„t.
17Cloay paint. EHTELJII 10l IS FM I I 18 Cr,e, ‘ "" ■ <
I# Type of print- oAmM L- ati Greek god of
ed letter. ntCTri in BMW: A1 F| war.
21 Count* again. |Pj | lT;Ol* Abl PId 22 Game.
23 Repealing. fTT c ’-rr nl I 23 To bury,
24 One plus one. ' i LL.i I 'AiDMWT 20 Bronze or
38 Shack* built U C 30 Conn taut com*
over mining [KMC H£ M I STiM IRT H
30Tbe ,"„dy In the ‘E T SP* £ St
ricture tva* a wnt. nationality of 35 Long outer
faniouN ■ f 45 Hulking; pot. the Indy In the Knrment.
<PL). 4S Three (prefix!, picture! 30 Detective.
32 To nerve. 40 Golf mound. 2 Completed. 38 To trade good*
34 Barley npikelet. 51 H<,d loth*. 4 Prefix for (good*.
35 Fire wor- 53 Animal trainer. uned to Indl- It Silk not yet
shiper*. 55 Heads of rate the apinnl tvvlnted.
37 Female deer. tthollcl*a, eord. 44 Storehouse,
38 Northeast. 50 To enll out. STo arream. 40 Citric fruit,
SO Saab. 57 Cubic meter. ft Minor note. 47 Venomous
44) Knock*. 58 To renovate. 7 r You and I. snakes.
43 T r KK S, ? ted VERTIC AI BTo - 50 To concoct.
rl nbh f' ' , O Pear-shaped 52 Quantity.
43 To close tvith 1 What Is the instruments. 54 To piece out.
I 2 I 17 16 P I fio" i'
"Ti*; i l -it'
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is
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3J 41
J*
OIL PRICE HIKED
33 CENTS A BARREL
Advance Means $500,000 a
Day to Producers.
B;i T'niird Pres*
TULSA, Okla., July 6—Crude oil
prices went up 33 cents a barrel
Wednesday.
The Continental Oil Company of
Ponca City led off boosting the price
in Oklahoma, North Texas and
Kansas to a top of 85 cents a ban-el.
The increase, exceeding the gen
eral prediction of a 77-cent top
price, caused a general flurry. The
Derby Oil Company of Kansas
quickly fell in line, posting a similar
schedule starting at 61 cents and
ranging up to 85.
Then the Barnsdall Oil Corpora
tion joined the parade to higher
prices which, when they become ef
fective, will mean a daily average
increase of more than $500,000 to
mid-continent oil producers.
Sinclair-Prairie Marketing Com
pany was next in line.
The advance became effective at
7 a. m. today.
PAPER COMPANY BOOSTS
PAY ROLL fO PER CENT
Beach & Arthur, Inc., Restores
Wage Cut Made in January.
Joining the list of Indianapolis
business concerns who have In
creased wages, effective immedi
ately, to comply with President
Roosevelt's national recovery pro
gram, Beach & Arthur, Inc., manu
facturers of paper products, 2900
Columbia avenue, announce a 10
per cent increase, effective today,
for 230 employes.
The increase replaces a 10 per
cent wage cut made by the paper
concern in January, the only cut at
the plant during the depression.
Officials of the company said that a
substantial increase in business had
been noted in the past few weeks.
PLYMOUTH TO INCREASE
NATIONAL SALES FORCE
July Sales, Production May Set
Company Record.
Program to increase the Plymouth
automobile national sales force by
several thousand men will be out
lined at a meeting of Dodge, DeSoto
and Plymouth dealers at the Indi
anapolis Athletic club by H. G.
Moock. Plymouth general sales
manager, who arrived here Wednes
day.
The meeting is one of forty being
held in key cities. New salesmen
added will be trained in special
schools. Moock said Plymouth sales
and production this month will be
greatest in the company’s history.
Ordered to Draw Up Code
By United Press
MOLINE, 111., July 6.—Directors
of the National Association of Farm
Implement Manufacturers were or
dered today by their president,
Charles Deere Wiman, to meet in
Chicago Friday to draw up an
operating code under the new in
dustrial recovery act.
WHEAT PRICES
RALLY AFTER
EARLY SLUMP
Political Events. Weather
Continue tcT Dominate
Futures.
BY HAROLD E. RAIYVILLE
United Prus Staff Corresoondent
CHICAGO. July 6.—Grains con
tinued to react under profit-taking
pressure as the Board of Trade
opened today, wheat declining un
evenly \ to 1% cents, with May
at $1.06 to $1.06%. Prices advanced
later and were above the previous
close at midsession.
Com held out against the selling,
the deferred months setting new
highs as the market opened un
evenly ■% cent lower to % cent
higher, with May at 73% cents.
Oats was % cent to % cent lower,
rye % cent to % cent lower and
barley % cent lower to % cent
higher. Provisions were firm.
Market I*t Tired
Wheat has the appearance of a
tired market, in the opinion of most
traders, with political events potent
factors, but weather continuing to
donimate the action.
News from London is being
watched closely, as is the action of
sterling. The grain belts were gen
erally clear overnight, with no
moisture. Liverpool was % to %
cents lower at mid-afternoon.
Corn Crop Uncertain
Corn practically assumed the
leadership on’th* board Wednesday,
being the only grain to close higher.
Tlie uncertainty over the outcome
of the crop, serious chinch bug in
festation and the fact that corn is
expected to be called upon to sup
ply the 500.000.000 bushels defi
icency of oats for feeding purposes
are the underlying factors. Rain
urgently is needed.
After the rapid rise recently, oats
is being subject to heavy profit
taking and the undertone is not
strong. Buyers on the dips appear
in sufficient numbers to prevent a
break, however.
Chicago Primary Receipts
—July 5
Wheat 1,813.000
Corn 1,768.000
Oats 527.000
Chicago Futures Range
—July ft—-
WHEAT—- prev.
High Low 10 00 Close
September .. 1 00% 98’, 1.00% 99%
December ... 1.03% 101 103% 102%
May 1.07% 106 1.07% 1.06’,
CORN—
September .. .64% .63% 64% .63%
December ... .69% .67% 68% 67’,
May 74% .73% .74% .73%
OATS—
September ... .48% .46% .47% .47%
December ... .50 .48% .49% .49%
RYE—
September ... 80% .80% .80% 80%
December ... .85% .84’4 .85% .85%
BARLEY—
September ... .60 .59% .60 58%
December ... .63% .62% .63% .63’,
Lippmann
CHICAGO CASH GRAIN
By United Press
, CHICAGO. July s.—Cash grain cF'
i Wheat—No. 2 red. old, $1; No. 2 red.J:
; $1.00*4; No. 2 red. weevilv.
pie red. new. 95 3 4 c; No 2 mixed, old, l •
' No. 2 mixed. new. 98’iC. Corn—No. 2
I mixed. 54’ 2 ®s6lie; No. 3 mixed. 55c; No. 6
; mixed, 44® 47c; No. 1 yellow, 57® 59c; No. 2
yellow, 55® 59c: No. 3 vellow, 54* 2 6 58tic;
No. 4 vellow. 54® 55c; No. 5 yellow, 47*2®)
55c; No. 6 vellow. 43® 48c: No. 1 white,
56%® 59c: No 2 white. 56%6 59c; No. 3
white. 54*i®56c; No. 6 white, 44®45c;
sample grade 29®42c. Oats—No. 2 white,
463-46 Vic: No. 3 white. 45*[email protected]; No. 4
white. 44®44%c; sample grade. 44®44'®c.
Rye—No sales. Bariev —48® 72c. Timothy
—53.40'0 3.70. Clover - sß® 11.50.
TOLEDO CASH GRAIN
By United Press
TOLEDO. July s—Cash grain close:
Grain in elevators, transit billing: Wheat
—No. 2 red. 99 , 2 c®5100 , 2 Corn—No. 2
yellow, 62® 63c Oats—No. 2 white. 48Is®
49' 2 c. Rve —No. 2, 781a® 79*, 2 c. Track
prices. 28' 2 c rate: Wheat—No. 1 red, 96®*
97c; No 2 red. 95® 96c. Corn- No. i yel
low. 57' 2 4( 58'/ 2 c; No. 3 yellow, 56 , 2®571 2 c.
Oats—No 2 white. 45® 47c; No. 3 white. 45
646 c. Toledo seed close: Clover—Cash,
$7.75; October. SB. Alsike—Cash, $7.75;
October. 8. Toledo produce close: Butter—
Fancy creamery. 29c. Eggs—Extras, 14(3
14‘ 2 c. Hay—Timothy, per cwt. 70c.
ST. LOUIS CASH GRAIN
By United Press
ST. LOUIS. Julv s.—Cash grain: Wheat
In good demand * 2 ®.lc higher early: late
Ic olwer: No. 1 red. 99*.'*® $l.O1 1 2 ; No. 2
red, 99c®51.01: No. 3 red. sl®l.oo*/ 2 : No.
4 red. OS’sc: No. 5 red. 97c;. No. 1 red
garlicky. $1.01: No. 2 red garlicky 97c
heavy; No 2 red garlicky. $1 light; No.
3 red garlickv. 95c heavy; No. 4 red
garlicky. 94c heavv; No 4 red garlickv
95c medium; No 1 hard. $1.02*/*; No. 2
hard. sl.o2**: No. 1 mixed, t 1.02 hard;
No. 2 mixed. $1 hard: No. 2 mixed. Sl.OHi
soft; No 3 mixed. 99c. Oats—ln good de
mand. unchanged to *4c higher; No 2
white 37’ 2 c: No 3 white. 45’' 2 ®46%c No.
4 white. 45* 2 c: No. 2 red. 47647V 4 c.
Indianapolis Cash Grain
—July 5
The bids for car lots of grain at the
call of the Indianapolis Board of Trade
f o. b . shipping point, basis 41*/* New
York rate, were:
Wheat—Strong No. 1 red. 89 390 c. No.
2 red 88® 89c: No 2 hard. 893 90c.
Corn—Strong: No. 3 white. 51’ 2 ®52*/ 2 c:
No 4 white. 50® 51 1 2 c; No. 3 vellow. [email protected])
51c: No. 4 vellow. 49® 50c: No. 3 mixed
49® 50c: No. 4 mixed 48® 49c.
Oats—Strong; No. 2 white. 42643 c; No.
3 white. 41® 42c.
Hav—Steady: (F. o. b. country point*
taking 23 1 2 c or less rates to Cincinnati
or Louisviilei. No 1 timothy. $5.5036:
No. 2 timothv. *s® 5.50.
—lnspections
Wheat*—No. 2 red. 3 cars: No. 2 mixed,
I car Total. 4 cars.
Corn—No. 1 white. 2 cars: No. 2 white
II cars. No. 3 white. 4 cars: No 5 white.
1 car: No 2 vellow. 27 cars: No. 3 vel
low 11 cars: No 4 vellow 10 cars: No
5 vellow. 8 cars: No 6 vellow 2 cars: No
2 Mixed. 1 car; No. 3 mixed. 2 cars. Total.
79 cars.
Oats—No. 2 white. 7 cars: No. 3 white,
12 cars. Total. 19 cars.
INDIANAPOLIS WAGON WHEAT
, Ci L v zre.ln elevators are paving 86 cent*
for No. 2 soft red wheat, other grades on
their merits
Bright Spots
Rr I'nited Pr*%%
F. W. Wool worth Company re
ports June sales of 519,343,914,
against 518,921,934 in June. 1932.
American M°tal Mart, trade pub
lication, estimates current steel pro
duction at 52 per cent of capacity,
up one point from last week.
American Investors Inc. reports
its net assets on June 30. equaled
54.58 a share on common stock, j
against 52.91 a share on Jan. 1, ’
j 193.3.
United States Freight Company
increases wages 6 per cent.
Republic Steel Company hires 200
additional employes to place in con
dition its last idle battery of coke
( ovens at its Lansingville plant.
CHICAGO FRCIT MARKET
j By T'nited Prtn
j CHICAGO. Julr 8. Apples— Illinois
Transparent*. 118110 Raspberries—ll
linois. Indiana and Michigan reds, $1 50®
1.75. Indiana and Michigan blackcaps. 9To
ftSl.lo. Cherries—Michigan south. 11®
1.85; sweet, $1.50$ 1.75. Blackberries —Il-
linois. $2.
Onion Market—Texas: XJ 8. Ns 1.
Crystal White, waxed, buahel. 51.5051 80
CahfornU: C- 8. No. X, yellow, buahel.
PAGE 11

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