The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, July 17, 1933, Home Edition, Image 11

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The Indianapolis times. [volume], July 17, 1933, Home Edition, Page PAGE 11, Image 11
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The Indianapolis times. [volume] (Indianapolis [Ind.]), 17 July 1933. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn82015313/1933-07-17/ed-1/seq-11/>

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JULY 17, 1033
United States Industrial Alcohol Writes Plant and
Equipment Value Down to One Dollar.
BY RALPH HENDERSHOT
Timet Special Financial Writer
The New York Stock Exchange will not have to worry from now on
over what the United Slates Industrial Alcohol Cos. officials do with the
depreciation charges in the concern's income account and balance sheet.
The company has written down the value of its plant and equipment to
sl. At the end of 1932 this item was carried at $29,113,544.
It is safe to say. too, that the company will not have to be concerned
over the fluctuations of prices as they affect property values.
It had added to its depreciation reserve until the amount set aside for
that purpose completely covered, with the exception of the dollar already
mentioned, the entire investment or book value of its plants and equip
ment. The dollar, no doubt, was retained so it could
show on its books that it actually had plants.
The company had an earned surplus of $4,218,133
at the end of May, which more than offset the
$3,738,46 at which its capital stock was carried on its
balance sheet. It has no bonds or other stocks out
standing, and it has no notes payable, so it is about
as liquid as it possibly could be. In addition, it had
on May 31 a reserve fund of $1,750,000 set up to cover
any contingencies and another of $104,237 for renewals
and replacements.
Probably the only thing the company has to fear
from now on is the income tax collector. It has no
place left in its balance sheet to hide any of its
earnings.
a a a
Rail Reports to Be Good
Car loading reports leave little doubt that the
earnings of the railroads for June will be highly
favorable. They will start coming out within the
Ralph
Ilendershot
next, week and are likely to show sharp gains over those of a year ago.
In addition to the larger volume of business handled, the railroads have
reduced their operating casts materially, so the results will be helped
from „wo important sources. New business can be handled at a relatively
small increased cost, it is said, unless demands are so great that extra
trains have to be put. on, so the outlook would appear to be quite encour
aging Maybe the government won't get stuck for those loans, after all.
a a a
Strange Bedfellows
It was stated in this column the other day that William C. Durant,
of 1929 stock market fame, was staging a come-back in the stock market.
It can now be added on the best of authority that he has hooked up with
no less a personage than Jesse L. Livermore. The two have become
interested in the same pool operation, and it will be of interest to see
what happens. Mr. Durant, it will be remembered, went broke two or
• three times because of over bullish ness, while Mr. Livermore made his
name through his bearish operations. He, too, has been taken overboard
more than once, but recently made some easy money on the long side of
wheat. Perhaps each is the balance wheel the other needed, but it might
be tragic if one attempted to take a run-out powder on the other.
New York Stocks
(Bv Abbott. Hoppin & Co.l ———————
NEW YORK STOCKS
-July 17—
Oil*— Prey.
High Ix>w 11:00 Close
Amerada .. .. .78 1 j
AC Rfg 30 1 a 30 30 29 • •
Ilariudall . 10% 10%
Consol Oil ... 14 1 a 14 ' n 14 ’ a 14 1 a
Coin of Del ... 18'* 17'
Houston inewi ... ... 61*
lion: ion < old * ... ... 35
Miti Cont Pet . . 15%
Ohio Oil 15% 16
Pet Corp ... 13% 13%
Phillip: Pet ... 16% 167s
Pure Oil 10% 10'a 10% 10'a
Roval Dutch ... 35%
Sixl Oil ... 31%
Shell Union 10 V* 10 %
Skellev Oil 8%
So.- Vac 14% 14% 14% 14%
8 O of Cal 39 38%
S O of N J.. 39% 39% 39% 39%
Sun Oil ... ... 47
Texas Corp 27% 26%
Tidewater Assn. . . ... 10 10
Un Oil of Cal 22 V* 21%
Steels—
Am Roll Mills.. 27 26% 27 26%
Beth Steel ... . 46% 46'* 46% 45%
BY err AM 33%
Col Fuel A Iron . . . . 15% 15%
Clue Steel ... 35% 33's
Inland Steel ... ... 44
Ludlum Steel ... ... 18%
McKeesport Tin. . . .. ... 91
Natl Steel 52%
Rep lr A steel.. 22% 21% 22% 21%
Rep lr it S pfd 50'*
U S Smelt .... 73',* 71% 72'* 70%
Vanadium .. . 32 31% 32 30%
U S t-ipe A Fdy 19% 19%
U S Steel 65% 65% 65% 64%
U H Steel pffl 102%
Young' ll SA T 35'■2 35% 35% 34%
- Bans—
* Atchison 75% 75 75 75
Atl Cut Line ... 55%
B At O 35% 31%
Can Pac 20% 19% 20% 20%
Ch .V Ohio 46% 45% 45% 46
Chi A Ot W . 6% 6%
C M & St P • 7% 7%
C M A St P pld. 13% 13 1 b 13% 13
Chi N W 15 14%
-C’hl R Isl 8% 8%
Chi R 1 pld ... 14%
• De.a A Hud 88
Erie . 20% 20% 20% 20%
Grt Northern .. 31% 30% 31% 31
111 Central . 42
M K & T 15% 15%
Mo Pac 8% 8%
Mo Pac pfd . 12%
N Y Cent . . 55% 55% 55% 54%
N Y Chi .V St L 20
NY Chi & St L pfd 27 26%
N Y New Haven. .. ... . 31%
NY Out & Wes 13% 13%
Norfolk A Wes ... . 169
Nor l'ac 32% 32 32 % 31%
Penn R R 39% 38%
Sou Pac 35%
Sou HR .'. 31 30% 31 30%
Union z’nc 126 126
. Wabash . 6%
W Maryland 14% 14 ,
Motors—
Alburn 76%
enryskr . . . 36% 36% 36% 36%
Gen Motors ... 33% 32% 33% 33
Graham Mot .. ... 4% 4%
Hudson ... 15% 15%
Hupp 7% 7%
Mack Truck 43% 42%
Nash 25% 25% 25% 25%
Packard 6% 6% 6% 6%
Reo 6% 5%
Studebaker 7% 7%
Yellow Truck .. . 7% 7%
Motor Access—
Bendix 20% 20% 20% 20%
Bohn Alum . 50 49 * 50 48%
Borg Warner .. .. ... 20% 19%
Briggs ... 12%
Bund Wheel .... 5 4%
Eaton Mfg ... 14 %
El Auto Lite . . 26% 23% 26% 25%
Houd Hershev .. . ... . . 6%
Mullins Mfg . . ... . 8%
Murray Body .. 10% 10% 10% 10%
Stew Warner . . 8
Timken Hoi 34 33% 34 33%
Mining
Alaska Jun ... 25 24% 24% 25
Am Smelt .. . wo% 39% 40% 38%
Anaconda ... . .. .. 20
Cal A Hecla . 8% 8%
Cerro Do Pasco 41% 39% 41-% 38%
Granby M 13% 14 14%
Gt Nor Ore . .. 15% 15% 15% 15%
Homestake Mm 253% 252%
Howe Sound ... 27% 26%
Ins Cupp .. . 8%
- Int Nickel ... ... 20% 19%
Id Creek Coal . 32
Kenecott Coo . 24% 24% 24% 24%
Norenda Cop. 32% 32% 32% 31%
Phelps Dodge ... 16%
Pitts Coal 21
Tobaccos—
Am Snuff 47%
- Am Sum Tob . 16% 15-%
Am Tobacco A . . . , 87%
Am Tobacco B 91% 91%
Gen Cigar 43% 43 43
Ltgg * Myers B 94 94%
Lbrrilltird 24% 24%
Reynolds Tob B ... 30% 50
Equipments—
Allis Chalmers 34% 24%
Am Car & Fdv 34% 34% 34% 34%
Am Loco . 33% 32%
Am Mach A- Fdv 20% 20% 20% 20%
Am Steel Fdv 24 24
Bald Loco . . 16% 16% 16% 16%
Burrouchs . 20 19% 20 20
Case J 1 99% 97% 99% 96%
Cater Tract 24% 24% 24% 26%
Elec Stor Bat ... ... 51
Foster Wheeler 20%
Gen Am Tk Car 42% 42
Gen Elec 29% 29% 29% 28%
Oen R R Stg. 34%
Ingsol Rand 74 73 74 70
Int Bus Mach. .145
Int Harves’er 45% 43% 45 43%
Natl Cash Reg 21% 20% 21% 20%
Pull Inc 53%
West Air B 33 32% 33 32%
West Eire 57 56’* 57 56
Worth Pmp 36%
Utilities —
Am ft F Pwr 18% 18%
Am P A- Lit . 18% 18% 18% 18%
A T A T 130% 130%
Am Wat Wks SO
Col G CiA- El 26% 26% 26% ?,%
Com A Sou .. 5% 5 5% 5%
Consol Gas . . . 62 61 %
E! P A- Lit 14% 13%
Int T & T . . . 21% 21% 2! % 20',
Lou O A- E A 23 23
Nat P & Lit .. .. 19% 19%
North Am .. 34% 34%
Pac G A E 31% 30%
Pub Serv N J 53% 54
S Cal Edi . . 25% 25%
. Std Gas 20% 20% 20% 50
Std Gas pfd 21 %
United Corp . 13% 13% 13% 13%
-Un Gas Imp 23% 23% 23% 23%
Ut P A Lit (A* . 7% 7%
West Union . 73% 73% 73% 71%
Ruhh-rs—
Firestone . 28% 28% 28% 18'
Goodrich 20 19% 20 19%
Ooodvcar 44% 43% 44% 45%
tJ S Rubber 20% 19% 20% 19
u S Rub old 35%
Ke' Spring ... 5% 5%
Amusements —
Fox Film 4% 4
Loews Ir.e 26%
Radio Corp . . 11% 10%
RKO 4% 4% 4% 4%
Warner Braa ... . . ... 7% 7*,
Foods—
Am Sugar ..... 78 72% 72 * 72%
Armour ‘A' .... ... ... 7% 7%
Bestrie# Cream. 25% 25%
Borden Prod 36 36%
C*! Paeklßß 3! 3!
Can Dry O Ate ... 28 27%
Coca Cola 104 104
Cont Bak ‘A* 16
Corn Prod 81%
Crm of Wheat.. 36%
Gen Foods .... 36% 36% 36% 36%
Gold Dust .... 25%
O W Sugar ... 40% 39% 4040%
Wall Street
Hershey ... ... ,48
Int Salt 27 26%
Natl Biscuit 57% 57%
Natl D Prod ... 24% 24 24>/b 24%
Pet Milk 13
Purity Bak ... ... 22%
S Porto R Cug. 29% 29% 29% 29%
United Fruit 65%
Wrigley ... ... 51
Retail Stores—
Ass Dry Goods.. 19 18% 19 19
Best A Cos . . ... 30%
Gimbel Bros ... ... 6%
Gimbel pfd ... ... 31%
Or Un Tea ... 9% 9%
Hahn Dept Sts.. 8 7% 7% 7%
.iew 1 Tea 42
Kre.sge S S 16% 16% 16% 16'/b
Kroger Groc 34% 34% 34% 33%
Macy R H 61%
May Dept St ... 31
Mont Ward .... 27 Va 26% 27 V* 27 Vi
Penny J C ... 45% 45%
Safeway St 61% 60% 61V* 59V*
Sears Roebuck .. 45% 47'% 45% 43%
Woolworth ... 49
Aviation—
Aviation Corp .. 16% 16V* 16% 15%
Douglass Air ... 18 17% 17% 17%
Curtiss Wright 4% 4% 4'-* 4'*
Curtiss Wright A' . ... ... 7%
. .or Am Av 8% 8% 8% BV*
United Aircraft.. 46% 45% 46V* 44'*
Chemieais—
Air Reduction .... ... ... 99%
Allied Chem .133% 132% 133% 130%
Am Com Alcohol 83% 79% 83% 76%
Col Carbon 68% 67 68',2
Com Solvents ... 49% 49% 49% 44%
Dupont 82 81% 82 80%
Freeport Tex .... .. 39% 39%
Liquid Carb . . 47% 46% 47% 44%
North Alkali .. . 37% 36% 37% 36%
Tex Gulf Sulph . . . ... 32%
Union Carb.de .. 48'-* 47V„ 48V* 46
U S Indus Ale... 93% 91% 92% 87%
Nat Distil 122 117% 121'* 115'*
Drugs—
Coty, Inc 7 6% 6% 6%
Drug Inc 54 >2 57% 54% 54
Lambert 40% 39% 40% 39%
Lehn & Fink... 22% 21%
Zonite Prod ... 8% 7% 8% 8
Financial—
Adams Exp ... 12'* 12%
Allaghenv Corp 7% 7%
Chesa Corp ... 47% 47 47% 47'
Transamericn . . 9 8% 8% 8%
Tr Cont Corp 8 7%
Building—
Am Radiator .. 18 17% 18 17%
Gen Asphalt 21% 21
Hit Cement 21% 21
Int Cement 37%
Johns Manville 57 55%
Libby Owens Gls 32% 32% 32% 31%
Otis Kiev 22% 221s
Ulen Const .. ... ... ... 4%
Miscellaneous—
Am Bank Note ... ... 37%
Am Can 95% 94% 95'* 93%
Anchor Cap 32% 32% 32% 30%
Brklvn Man Tr 40 39 V*
Conti Can 64 63%
Eastman Kodak . .. 86 86%
Owens Bottle .. 94% 93% 94'* 92%
Gillette 17% 16% 17% 16%
Glidden 16% 16
Gotham Silk 16'* 15%
Indus Ravon 80 77%
niter Rapid Tr . .. 9 9%
Real Silk Hose 16%
Liberty Bonds
/ill 7 nitni /‘reus
NEW YORK July 15 - Closing Liberty
bonds: (Decimals represent thirty-seconds 1.
Liberty 3%s i32-47i 102 23
Liberty first 4%s 132-47> 102.6
Liberty fourth 4%s 133-33' 102.29
Treasury 4%s 147-52) 110
Treasury 4s 144-541 106 14
Treasury 3%s 146-56) 104 26
Treasury 3Vs (43-471 102.19
Treasury 3%s <4l-431 March 102.16
Treasury 3%s <4O-431 June 102.13
Treasury 3'*s 146-491 100.14
Treasury 3s 151-55) 99.1
New York Bank Stocks
ißy Abbott. Hoppirt & Cos.)
—July 15—
Bid. Ask.
Bankers 68% 69%
Central Hanover 144 146%
Chase National 34 34%
Chemical 40% 41
National City 38 38%
Corn Exchange 61% 62%
Continental 16', 17%
First National 1,505 1.520
Guaranty 335 337
Irving 22 22%
Mandat ten A Cos 32% 34
Manufacturers 20 20%
New York Trust 97 % 98%
Investment Trust Shares
(By Abbott. Hoppm & Cos.)
-July 15—
Bid Ask.
Aemrican Bank Stocks Corp.. 126 1.44
American A- General Sec A ... 550 650
Basic Industry shares 3 76 ....
British Type Inv Tr sh 88 .98
Collateral Trust shares A ... 525 562
Corporate Trust shares (old).. 245
Corporate Trust shares mewi. 2.65 2.72
Cumulative Trust shares 4 62
Diversified Trust shares A ... 650 ....
Diversified Trust shares B ... 925 950
Diversified Trust shares C. . 360 367
Diversified Trust shares D. .. 5.87 612
First Insurance Stock Corp .. 168 198
First Common Stock Corp 126 144
Fixed Trust Oil shares A.... 9.75 ....
Fixed Trust Oil shares B 8 37 ...
Fundemental Trust shares A . 475
Fundamental Trust shares B . 462 .
Low Priced shares 7.25 ...
Mass Inves Trust shares.... 20.35 22 11
Nation Wide Securities 4 06
North Amer Trust sh 1 1953■ 2.00 ....
North Amer Trust sh 1 55-56 2.75 3.10
Selected American shares .... 307 ...
Selected Cumulative shares.. 7.71 781
Selected Income shares 4 13 4.23
Std Amer Trust shares 3 45 3.50
Super Amer Trust shares A . 333
Trust Shares of America .... 335 341
Trustee Std Oil A . 550 5.65
Trustee Std Oil B 5.00 5.15
U P Electric Light & Pwr A.. 17 00
Universal Trust shares 3 37 3 47
Dinner Will Be Given
Mrs. Iva Lawson, worthy matron.
Brookside chapter. Order of the
Eastern Star, announces a “pitch
in" dinner will be given members
and their wives on the lawn of the
Masonic temple. East Tenth and
Gray streets, Tuesday night.
Birthday Gathering Planned
A birthday gathering for J. W
Patterson, chief of the Indianapolis
Ben-Hur Life Association will De
held Monday night at the home of
Louis Mills, 3242 College avenue.
Carl Howe, 5, of 1642 English
avenue was treated for lacerations of
the lip after being bitten Sunday by
a dog owned by Edward Hupp, 614
English avenue.
STOCKS SCORE
GOOD GAINS IN
ACTIVETRADING
Steel Moves Up on Bullish
News From Industry;
Dollar Firm.
Average Stock Prices
Average price of thirty industrials for
Friday: High 107.83. low 103.04. close
105.04. off .47. Average of twenty rails:
55.80. 54 22. 54.81. of? .71. Average of
twenty utilities 38 26. 36 95. 37 18. off .55.
Average of forty bonds 88 51. up 10.
Average of ten first rails: 93.11. up 12.
Average of ten second rails: 76.80. off .04.
Average of ten utilities 95.41. up .31.
Average of ten industrials: 88.71, off .01.
BY EI.MER C. WAI.7.ER
United Press f'lnanrial Editor
NEW YORK. July 17.—Stocks ad
vanced fractions to 2 points at the
opening on the Stock Exchange to
day while the dollar ruled steady,
slightly above Saturday’s quotations.
Trading in shares was fairly active.
The first sale of Western Union
was made at 73'2, up 2 points. The
issue last week reached 75'. Union
Carbide made anew 1933 high at
47', up 1. Du Pont jumped 1 1 2
points to 81 '%. American Can was
up a point at 94 1 - while Case and
Westinghouse Electric each rose
nearly a point to 97*2 and 56%,
respectively.
United States Steel common rose
a point to 65'* on estimates the
company was now' operating in the
black. Steel operations for the
country were place at 57 per cent
of capacity by the Magazine Steel,
which noted that steelmakers “are
confident of a revival in buying to
ward the close of July or early next
month.” Tinplate operations were
stepped up to 95 per cent of capa
city. Fair demand was noted from
railroads and there was no diminu
tion of buying from the automobile
industry.
In the Cotton Markets
—July 15—
CHICAGO
. High. Low. Close.
January 12.18 12.00 12 05
March 12,25 12.16 12.16
May 12.44 12.32 12.32
Jiy. ' 11.38
October 12.05 41.67 -11.68
December 12.10 11.84 11.84
NEW YORK
January 12 09 11.85 11.85
March 12.23 11.93 11.95
May 12.35 12.13 12.15
July 11.60 11.25 11.25
October 11.79 11.55 11 55
December 12.00 11.76 11.76
NEW ORLEANS
January 12.01 11.81 11.81
March 12.12 12.01 12.03
May 12.25 12.12 12.14
July 11.38 11 24 11.24
October 11 82 0.53 11.55
December 11.98 11 73 11.74
Marriage Licenses
Marion Wilson Haymaker. 27. of 2035
Ncrth Meridian street, bookkeeper, and
Ruth Esther Wilson. 21. of 3620 East New
York street, clerk
Herbert George Meister. 31. of 1123 North
Tuxedo street, salesman, and Margaret
Marie Ehlert. 22. of 830 North Bosart
avenue, stenographer.
Carl J. Cummins. 45. Indianapolis,
traveling salesman, and Vera Roth, 33, of
Madison. Wis.. house work.
John Robert Knowles. 25. of 1545 Lex
ington avenue, clerk, and Anna Louise
Wright. 28. of 2410 Park avenue, clerk.
Clarence Arthur Witham. 25. Rochester.
Ind.. teacher. and Josephine Lorene
Wagoner, 21. 317 West Thirty-ninth street
scenographer.
Philip 3. Meal. 29. Harrison. 0.. truck
driver, and Maxine Case. 21. of 522 East
Ninth street, house work.
Oral D. Baldock. 34. Cloverdale. Ind.
barber, and Marv B. Blunk. 30. Marion
county, housework.
Dean M. Baer. 27. Pharr. Tex., farmer,
and Katherine Hurlbert. 29. of R. R. 10.
Box 490. house work.
Paul Desk. 28. of 1629 North Rural
street, veneer worker, and Genevieve Med
leskv. 23 739 North Concord street,
hosiery worker.
John Lio.v v. Henley. 23. of 2128 North
Drexel avenue, clerk, and Rebecca May
Pruett, 18. of 2124 North Drexel avenue,
house work.
Hugh Martin Envart. 27. of 5919 Julian
avenue, dentist, and Martha Louise Beb
inger. 27. of 1405 Barth avenue, registrar.
Carl Oto Schopp, 27. of 6047 Lowell
avenue, foreman, and Eileen Louise Piercv.
18. of 2253 College a venue, house work.
Nathan Wallace Blackniore. 24. of 1918
Valiev avenue, pharmacist, and Amelia
Louise Kepper. 20. of 1918 Valley avenue,
house work.
Robert H Swineford. 57. of 2918 North
School street, laborer, and Bertha L. Rav.
45. of 3409 North Grant street, house
work.
Gerald William Franks. 23. of 349 North
East stret. laborer, and Mvrtle Irvin. 26.
of 340 North East street, housework.
Philip Clavton. 77. of 1020 Bonna avenue,
contractor, and Marv Emery. 71. of 832
Worth street, house work.
Ciarence Clark. 21. of 505 East Twelfth
street, furniture business, and June Brum
mott. 19. of 1330 West Twenty-eighth
street, house work.
PRESIDENT HAS COLD
Works in Study, Rather Than Going
to Executive Offices for Day.
By United Press
WASHINGTON. July 17.—Presi
dent Roosevelt is suffering from a
slight cold, it was announced at the
White House today.
In order to speed complete recov
ery the President decided not to
go to the executive office but to
work instead in his study. He also
ordered that his railing list be re
duced.
i 12 |3 14 15 lb I 7 I 8 | 9 |'° 111I 11 1
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HORIZONTAL ANSWER TO PREVIOUS PUZZLE 15 Bodice of a
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second term of 44 Dower prop- VERTICAL ST The side of a
the pictured erty. 2 Natural power ditch next to
man was “He 45 Writing (luid. producing hyp- the parapet.
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20 To expand. 4!) Female fowl. tion. 41 Mourning vlr*
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THE INDIANAPOLIS TIMES
INDIANA STOCKS
AND BONDS
The following Quotations do not reo
resent actual bids or offerings. but merely
indicate the approximate market ieve.
based on buying and selling inquiries or
recent transactions
—July 17-
STOCKS
Bid. Ask
Belt Rail A: Stock Yards, com. 26 30
Belt Rail & Stock Yds Did 6a 45 50
Cent Ind Pwr ofd 7a 13 16
C.tizens Gas com 14 17
Citizens Gas Cos Dfd 5a 63 67
Home T & T Ft Wavne pfd 7a 36 40
Ind & Mich Elec Cos pfd 7a.. 69 73
In Gen Service Cos pfd 6% .. 64 68
Ind Hvdro Elec Cos 7a 27 30
Indpls Gas Cos com .40 44
Indpls Pwr <fc Li pfd 6'r 60 64
Indpls Pwr & Lt Cos Dfd 6 % r ' c 69 73
Indpls Water Cos pfd sa. 88 92
No Ind Pub Serv Cos Dfd 5%% 37 41
No Ind Pub Serv Cos 6% 38% 42%
No Ind Pub Serv Cos 7'7 43% 47%
Public Serv Cos of Ind pfd 6a 16 19
Public Serv Cos of Ind pfd 7a 37% 41 %
South Ind Gas <fc El pfd 6a.. 56 60
Terre Haute Elec pfd 6a 40 43
BONDS
Belt R R & Stkvds 4s 1939.. 88 92
Citizens Gas Cos 5s 1942 81 85
Home T <fc W 5%s 1955 96% 100%
Home T & T W 6s 1943 98 102
Indpls Gas Cos 5s 1952 73 76
Indpls Rvs Inc ss. 1967 27 30
Indpls Water Cos 4' 2 s 1940... 99 102
Indpls Water Cos 5s 1960.... 93 • 97
Indpls Water Cos 5s 1970 92 96
Indpls Water Cos 5%s 1953 .100 103
Indpls Water Cos s>is 1954. .100 103
Kokomo Wat Works 5s 1958. .. 75 79
Lafavette Tel Oo 5s 1957 .... 83 87
Muncie Water Works 5s 1939.. 90 94
Richmond Water Works 1957 84 88
Terre Haute- Water Wk 5s 1956 85 86
Terre Haut<- Wat Wk 6s 1949.. 94 98
Traction Terminal Cos 5s 1957.. 44 48
New York Curb
tßy Abbott, Hoppin & Cos.)
—July 15—
Closei Close.
Alum Cos of Am 84 Lone Star Gas.. 11
Am Bev 3% Natl Bellas Hess 4%
Am C P A- Ll B s'. a Niag Hud Pwr. 13%
Am Cyan B ... 13% Pan Am Airways 53%
Am Gas & E 1... 44% Parker Rstprf. .. 62 %
Am Sup Pwr... 7% Pennroad 5%
Ark Ntf Pwr A.. 3 Pioneer Gld Mi. 14'a
Ass Gas A .... 2 St Regis Paper.. 7%
Atlas Ut Crp... 15% Salt Creek Prod 7%
Braz Tr St Lt... 16% Segal Lock 1%
Cities Serv .... 3% Stu Oil of Ind.. 32%
Comm Edison.. 70 Std Oil of Kv.. 18%
Cord 15 Stutz 19 la
Eisler Elec .... 1L Translux 3
El Bnd & Sh .. 37% United Founders 2%
Ford of Eng ... 6'J:united Gas 5%
Ford Mot Can.. 16% Un Lt & Pwr A 7%
Hudson Bay Mm 10a United Verde ... 5
Imperial Oil ... 14 Util Pwr & Lt... 2%
Inti Ptrol 18 Wright Hargrav’ 6%
Lake Shore Mi 43 i
Bank Clearings
INDIANAPOLIS STATEMENT
—July 17-
Clearings $1,884,000.00
Debits 5,284,000.00
TREASURY STATEMENT
—July 15— *
Net balance for July 14 $860,245.577 56
Misc. Inter Rev. Receipts... 3.174,186.14
Customs rccts. for month to
date 9,411.039.09
Daily Price Index
By United Press
NEW YORK, July 15.—Dun & Brad
street's daily weighted price index of
thirty basic commodities, compiled for
the United Press:
(1930-1932 average, 100)
Today 111.63
Friday 110.41
Week ago 105.34
Month ago 91.42
Year ago 74.91
1933 High (July 15) 11.63
1933 Low (Jan. 20) 67.86
(Copyright, 1933, by Dun &
Bradstreet, Inc.)
Births
Boys
Essen and Alvera Burnell, 1130 South
Sheffield.
Chester and Lcla Alexander. 922 Elder.
Harold and Goldie Keithley, 1305
Roache.
Adam and Marv Snyder, 1217 West New
York.
Ellsworth and Emma McCombs. 858 Ox
ford.
Marvin and Mary Laslev, 1808 Howard.
Girls
Fred and Lavesta Stokes. 2325 North
Yandes.
Ivan and Blanche Heidenreich. 412
Economy.
Johnson and Edna Thurman. 3265 Mar
tindale.
Chester and Gertrude Meriweather. 109
S. Sheridan.
John and Lula Bradshaw. 2112 North
Wallace.
Frank and Grace Brown. 4240 Balti
more.
Herman and Irene Barker. 2722 North
Oxford.
Edward and Stella Fanchallv. 505 South
Warnian.
Car! and Grace Wiseheart. 3113 School.
Orville and Kathryn Pearson. Metho
dist hospital.
Oscar and Hattie Suddeth. 516 Wood
lawn.
Rex and Ruth Fox. 1913 Pleasant Run
boulevard.
Deaths
John Thompson. 65. Long hospital, hy
postatic pneumonia.
Clara C. Hicks. 78. 4404 East Tenth,
chronic myocarditis
Alonzo Weston. 76. 339 Christian, chronic
myocarditis.
Louisa Ann Hale. 83. Methodist hospital,
obstruction of bowels.
Mary C. Naughton. 67 E. 1210 Lexington,
diabetes mellitus.
Robert L McClure. 39. Methodist hos
pital. Hodgkins disease.
Katherine White, 83. 3315 College, ar
teriosclerosis.
Andrew Streng. 71. St. Vincent’s hos
pital. hypostatic pneumonia.
Albert L. Miller. 63. city hospital, cere
bral hemorrhage.
Esther Rosina Halcomb. 24 1611 Wood
lawn. acute dilatation of heart.
Margaret M. Fenton. 69. 835 Grove,
coronary thrombosis.
Charles Tittinger. 76. 2448 West Tenth,
cardio vascular renal disease.
James Robert Trestor.,l month, city hos
pital. broncho pneumonia.
Frank Courtney. 39. city hospital, car
cinoma.
CHICAGO FRUIT MARKET
By United Press
CHICAGO. July 17. Apples
Transparents and Dutchess, bushel, 75c®
sl. Raspberries—Michigan Reds, $1.25®
1.65; blacks. $1.25®.1.45. Blueberries - -
Mthcigan. $2.50® 2.75. Cherries—Michigan,
$2.50® 2.75. Cherries—Michigan sour. sl®
1.25; sweet. $1.25® 1.65. Currents: Michi
gan. $1.25@1.65. Cucumbers—lllinois. $1
® 1.15 String Beans —Michigan and Illi
nois. $2®2.25. Spinach—lllinois. sl®l.lo.
Cabbage—lllinois. $1.25® 1.75. Tomatoes—
Illinois Lugs, $1®1.25; flats, 75c®$l.
Onion Market California Yellows,
bushel. SI. 15® 1.25. lowa Yellows. 90c®$1.
PORKER PRICES
ADVANCE DIME
AT CITY YARDS
Cattle Steady in Previous
Range; Sheep Hold
Firm.
Hogs were 10 cents higher all
around at the Union stockyards this
morning. The bulk, 160 to 300
pounds, sold for $4 60 to $4.95 with
I 160 to 200 pounders bringing $4.80
| to $4.85 and the 200 to 300-pound
class $4.90 to $4.95. Top price was
S5. Light 130 to 160 pounders sold
for $3.80 to $4.30. Packing sows
brought $3.50 to $4.15. Receipts were
estimated at 6,500. Holdovers were
204.
In the cattle market slaughter
classes were steady. One load of
light steers sold for $6.40, a few
others $4.50 to $6. Heifers largerly
made the market at $4 25 to $6.
Beef cows brought $2.75 to $3.75
mostly. Receipts were 500. Vealers
were 50 cents lower at $6 down. Calf
receipts were 500.
Lambs held steady, ewe and weth
ers making the market at 87 to $7.75.
Bucks brought a dollar less. Culls
l and throwouts sold for $3 to $5.50.
Receipts were 1,200.
Asking was around 10 cents higher
on hogs at Chicago, with bids
! about steady. The bulk of good to
! choice kinds weighing from 200 to
1 280 pounds moved around $4.60 to
$4.65. Early top held at $4.65 for
, 210-pound averages. Receipts num
bered 35,000, including 15,000 direct;
holdovers, 1,000. Cattle receipts
were 17,000; calves, 2,000; market
around 25 cents lower. Sheep re
ceipts were 15.000; market un
changed to 25 cents lower.
HOGS
J. u,k . T °P Receipts
11 4 65 *4.65 6,000
15 4 65® 4.80 4.80 6 500
?- 4T547 4.90 4.95 8.000
14' iln/ 129 4.95 8.000
4.6047 4.75 4.75 7.500
17' 1I2f? I*® 4.85 2,500
1 \ 4 804i 4.95 5.00 6.500
, Market, Higher.
(140-160) Good and choice $ 4.05(5, 4 30
—Light Weights—
*l6o-1801 Good and choice 4.80
i 180-2001 Good and choice. . 4.85
„„„ —Medium Weights—
*2oo-2201 Good and choice 490
(220-250) Good and choice 4.90® 5.00
—Helvy Weights
S OO S an 4 choicp 4.90® 4.95
i4OU-250i Good and choice 4 80® 4 90
—Backing Sows—
<3so downt Good 3.50® 4.15
<250 up) Good 3.25® 400
(All weightsi Medium ........ 3.oo<[i 3^50
—-Slaughter Pigs—
(loo-130) Good and choice 3.20® 3.45
CATTLE
(l.oso-uooPi 8 ” 50,l: market ’ stoadv -
Good and choice $ 5.50® 7.00
(l C lO0 1 -l 1 500 l —d mecUum 4.25® 5.50
Good and choice 5.50® 7 00
Medium 4.25® 5.25
.... „„„ —Heifers—
(sso-750)
Good and choice 5.00# 6.00
(750-900° and medlum 3.25® 5.00
Good and choice 4.25® 5 75
Common and medium 3.00® 4 25
_ . —Cows—
uooa 325 400
Common and medium 2]no® 3 25
Low cutter and medium 1.504 c 2.50
—Bulls (yearlings excluded'
Good (beef) 3.00® 3.50
cutter, common and medium.. 2.00@ 3.00
VEALERS
Receipts, 500; market. lower.
Good and choice $ 5.50® 6 00
Sis™, 4.00# 5.50
Cull and common 2.50® 5 75
„„ _ —Calves—
(250-500)
Good and choice 3.50® 5.00
common and medium .... 2.00® 3.50
(500-80oT- der and St ° Cker Ca ‘ tle -
Good and choice 4 50® 5 75
Common and medium 3 00® 4^50
(oUU-1,5001
Good and choice 4.50® 5 75
Common and medium 3.00@ 4.50
SHEEP AXD LAMBS
Receipts. 1,200; market, steady.
n „ .. ■ —Lambs, Shorn Basis—
nk I, ' < t o ' vn * good & choice.s 6.50® 7.75
(90 lbs. down) com. and med. 4 00® 650
_ . , —Ewes—
Good and choice 2.00® 3 00
Common and medium 1 oo®> 2 00
Other Livestock
UNITED PRESS
..CHICAGO, July 17.—Hogs—Receipts. 35.- I
000 including 15 000 direct: active 5® 10c I
higher than Friday: 200-290 lbs., $4.60®
wqb in 0 /? ,£ 4 ' 75 ' 30 °- 36 ° lbs.. 84.50 0 4.70
1.490-190 lbs., $447 470 pigs, $3.254? 3.75:
?cn k i'u ß SOW S. 53.76® 4.25; light lights, 140-
lfio ~ „so od and choice. $4®>4.50; light
weight, 160-200 lbs., good and choice, $4,25
47 4 70. medium weights, 200-250 lbs., good
iu holee ’ ® 4 -654/ 4.75: heavy weights. 250-
Joo ibs., good and choice, $4.5047 4.75 pack
¥&nr°'i’ S 4 27S *, 580 L bs - medium and choice,
$3.6047 4.35; slaughter pigs 100-130 lbs., I
good and choice, $3,254/ 4. Cattle—Re- i
‘jf‘ pts - , 17 ' 00 °: calves. 2.000; inbetween
fnatvbW f ? d steers and yearlings predom
inating in run, mostly steady on order !
“”5 nig account; big packers bidding lower I
a * except strictly choice steers; out-I
siders buying freely, however, most fed I
Sf^nO- 5 ’ lufht it'ct' 25 ' beSt * 7 ' lo; heavies
!eiiw l g * ht H heifers up t 0 $615 - this class
selling steady; cutter cows weak to 15c
lower; bulls and most other killing classes
steady. Slaughter cattle and vealers
®tPe„r|: 539 ' 9 ?°,„ 1ds - Rood and choice. $5.75
IvZ:?®; ®OO-1,100 lbs., good and choice,
$5'7476n' lbS '' 800d anci Choice
$5 754, 7 50: Vn°| o inn°?K bS • good and choice
$3.7547.7.50, 50-1,300 lbs., common and me-i
dium, $3.04/6: heifers. 550-750 lbs., good i
and cltoice, $5 254/6.25; common and me
dnim $34/ 5.50; cows good. $3.40f, 4.50; com
mon and medium. 52.60®3.40; low cutter
w Cl i tter 5 1 754/2.60; bulls (yearlings
exciudedi good itoeef 1. $3.504/4.25- cutter
common and medium. $2,754/4.50; vealers
choice, $54/$6: medium, $44/5;
2=Mii nd c ,°mmon s3® 4; storker and feeder
cattle, steers. 500-1 050 lbs., good and
ftTan’ ss ynf ' 6: t, common and medium. $3
150l 50 „ S c r ß f cel P ,s . 15 000: fat lambs :
S7 55 4?? so a l fy asklne steady; light weights.
$7.25@7.50; occasionally, $7.75; choice I
,?a2ff rs hPld above sheep strong
so"us to PP ed * 3 - others $2.50 down
rt‘/?n-5 hter shpepj5 hpep j and lambs: lambs 90 lbs '
R ? od and choice. $6.5047 8; common
medium $3,754/ 6.75: ewes 90-150 lbs.
good and choice, $1,254/ 2.75: all weights')
I common and medium. sl4/1 75 g ’
1 July 1 7 . Clattie—Receipts. '
Sm U7i e K V: steers. $6,254/6.50: me- -
uium. common S4 754/ 5
r/^^Vs 100 ; 1 ' 3 / 00 lbs - *66 50® medimn. !
heifers, good. $4.50@5.75: me-'
?o U 4 - 5 .°, : ,eows. s3.aß 3.50: common
-O medium. sl. bull?, common *o
market* 2,75 .' i ' 4 ' 20 ) ;. Hogs—Receipts. 1.800;
market, active, higher; prime heavies. $5
. 5f avv . next. $5,254/5.35: mediums.!
ficrw, v j5 J hea * v % Yorkers $5.25® 5.30;
light Yorkers. $4,254/ 4.75: pigs. $3 304/4.
ipoghs $3.504?4. Sheep—Receipts. 500: i
! ?h n *- hieht,r: lambs, good to
rtS o’i 7 '’il' 8 2i: medium. $5.50® 6: me
ciium. 91 lbs. up. i\ sheep wethers
primes. $2.5007 2.75: fair to good. s2^/2.25:
ewes. Calves—Receipts. 800 I
market, steady: vealers trooand.
thTn a s445 meduim ‘ heavy and;
LAFAYETTE. July 17.—Host market 10c I
higher. 200-300 lbs.. $4.75414.80: 300-325'
• i bs - 1)0-20° lbs.. 54.604/4 70: 140-170 .
ilbs.. $3.80/1 4 20; 100-140 lbs.. $34,3.50. ton
i canes. $5; top lambs. $6.75; roughs. $53.50
EAST ST LOUIS, HI.. July 17—Hogs—
i Receipts. 13,000. including 2,600 through I
1 ?nd direct; market, s'ilOc higher- top !
%-,"5„ bulk. 180-300 lbs.. $4.70474 75: 15% :
.; * 0 lbs.. $4,154/4.60. 140-150 lbs.. $3 854/
‘ J-25: 100-130 lbs.. $2,754/3.60: sows. 53.754/
i 3.90. Cattle-Receipts. 3.800. Calves—
j Receipts 2,500: market, opened steady in
slow trade, a few steers, $5 25<6.25: some
heifers. $55 5. <5: cows. $2.75® 3.25; low
*1.505 1.05: top sausage bulls
$.5.50; good and choice vealers. $5.50
slaughter steers. 550-1.100 lbs., good and
£y*n?’c . common and medium.
*3.50 1' 5.75: 1.100-1.500 lbs., choice. $6.50® 7-
good. *5.75® 6.50; medium. 54.50® 5.75
Sheep—Receipts. 4.500: market, no eariv
sales: asking fully steady; few bids weak
to 25c lower: asking up t.o *7.75 for de
sirable lambs: few bids. 57.25: indications
steady on throwouts and sheep. Lambs—
-90 lbs., down, good and choice. S7® 7.75
common and medium. $3 50®7: yearling
wethers. 90-110 lbs., good and choice.
$4. ,5® 5.50: ews 90-150 lbs., good and
choice. 51.50 ft 2.75: all weights, common
and medium. *1®2.25
? AS J..J 3VFFALO - J h!v 17.-Hogs—On
sa*e 2.200. active. 10 to 15c higher: 175
to 260 lbs.. $3.1505.25- 230 to 240 lbs.,
sa 3j. light weigh’ and pigs, steady
most.v weight from 150 lbs., down. *4 ; 4.50.
Catt.l—Receipts t. 300. steer and heifer
market active, mostlv 25 to 50c ftitther
foo near choice steers weieht, 950 to 975 i
lbs . $7.25: bulk medium to &ood steers. 1
56® 6.75: plainer kinds. *5.2506: good fat
nea. v heifers and li-ht yearling heifers
.aocir.g finish. $6: corns strong to 25c j
hieher: few good fat cows up to $3.75® 4 1
cutter and low cutter grades mostlv $i 75u ;
2.50 bulls strong to 25c higher medium 1
to good. *303.75. Calves—Receipts, aoo
fairly active, steady goad to choice 1
*6.507: medium. *6O 6.50. cull and com
mon. *4 a 5.50. Sheep—Receipts. 2.700-
active. mostly steadv. best ewe and
wither lambs largely *BO 8.75. fat bucks
*7.75 down: medium. *8.5007; medium
*6® 6.50: cull and common. *4O 5 50'
Sheep— Receipts. 2,700 active, mostly
steady: best ewe and wether lambs
largely **®R.7s: fat bucks. *7.75 down;
medium. *6.500 7.50: light and common,
*3O 6- sheep, steadv; good to choice rwes.
*1.500 2.50: extremely heavy fat ewes
down to *1.25.
Dollar’s Action Watched
Closely by Washington
Government Gets Data to
Work Out President's
Money Plan.
BY RICHARD L. GRIDLEY
United Press Staff Correspondent
WASHINGTON. July 17. Ex
change fluctuations of the dollar,
and the effects of its recent 30 per
cent depreciation abroad on domes
tic business are being watched
closely by the administration to
determine the proper level of ulti
mate stabilization, the United Press
learned today.
While no immediate stabilization
of the dollar in terms of domestic
commodity prices is anticipated, the
government is gathering data to be
used in working out President
Roosevelt’s proposed “commodity’’
dollar, one that would have steady
purchasing power from year to
year.
The dollar has been left to find
its own level in foreign markets, but
semi-official quarters believed it was
not likely to show further acute
weakness, for the time being at
least.
Full effects of the 30 per cent de
preciation of the dollar in relation
to foreign gold currencies have not
yet been felt in domestic business or
prices, economists pointed out, and
it was considered probable that the
government would take no further
inflationary steps until the effect
could be gauged.
Domestic price levels, as gauged
by statistics of the labor depart
ment, show only a slight rise dur
ing the past few months, whereas
the dollar has dropped precipitately.
It was believed that several
months might elapse before price
levels of all products adjusted them
selves to the new level of the dollar.
The City
in Brief
TUESDAY EVENTS
Rotary Club, luncheon, Polk dairy
farm.
Gvro Club, luncheon, Spink-Arras.
Mercator Club, luncheon, Columbia
Club.
Architectural Club, luncheon, Archi
tects and Builders building.
American Chemical Society, luncheon,
Sevcrin.
Universal Club, luncheon. Columbia
Club.
Theta Chi. luncheon, Washington.
Indianapolis Medical Society, meeting,
! 8:15 p. m., Athenaeum.
Still arrying his arm in a sling,
fracture a In a recent accident, Steve
Kakavecos, 7, of 355 Taft street, suf
fered lacerations of the right eye
when he was struck by a swing in
Riverside park Sunday.
Arthur Smith, 40, of 3115 West
North street, was bitten on the right
arm Sunday by a dog owned by Wal
ter Ruben of 3112 West North street,
in front of 548 North Concord street.
He was treated at city hospital.
Rotarians will visit Sunlight Dairy
farm of the Polk Sanitary Milk
Company, southeast of Greenwood,
Tuesday for a chicken luncheon.
They will be guests of J. Duane
Dungan, secretary of the club and
dairy company official.
Representatives of the Indiana
department. Veterans of Foreign
Wars, will go to their national en
campment at Milwaukee, Wis„ Aug.
26 to Sept. 2 by special train, Arthur
G. Gresham, chairman of arrange
ments, has announced.
Annual lawn fete of St. Paul’s
Episcopal church will be held at
the church grounds from 4 to 10
p. m. Friday.
Opening of a credit bureau, in
corporated as General American
Credits, Inc., in the State Life build
ing is announced by James C. Todd,
for several years local manager for
the Bradstreet Company.
Alleged to have broken open a
weighing machine at 332 West
Washington street and stolen 219
pennies, James Lloyd, 16, of 324%
West Washington street, and Malchy
Kelly, 17, of 167 Giesendorf street,
were arrested early today on charges
of vagrancy, petit larceny and ma
licious trespass.
Claude Slider of 1024 Churchman
avenue, has asked police to seek his
wife Ethel, 50, who left home Sat
urday. He said she had been de
spondent recently.
A gold watch and rhain were
stolen Sunday by pickpockets at a
dance hall near Riverside park,
John Kiefer, of 1440 South Illinois
street, reported to police today.
Declaring that he was jostled by
a freckle-faced man, Jewell E. Tin
sley, of Hillsboro, reported that his
pocket had been picked of a purse
containing slf> while returning from
the air circus at municipal airport
Sunday.
Clarence Setty, 45, of 337 West
Merrill street, was treated at city
hospital for lacerations of the head
after falling at his home Sunday.
Damage estimated at Sl5O resulted
from a flue fire Sunday in the home
of William Dobbins, 2266 Eastern
avenue.
Four years of attendance at Em
merich Manual Training high school
without absence or tardiness was the
record of Miss Clarice Coffey, who
finished her high school course this j
semester. Miss Coffey lives at 1821 1
Barth avenue.
With the world's fair on its itin
erary. the Seventeenth division,
i Fourth battalion, United States
naval reserves, of Indianapolis, left
Sunday for an annual training
cruise on the Great Lakes. Lieuten
ant Paul M. Akin is commanding
officer.
Members of the Lawyers’ Associa
tion of Indianapolis and their fam
ilies attended an all-day picnic at
Forest park, Noblesville. Sunday.
More than 250 were present.
BRANCH OFFICE OPENED
Hillman Equipment, Inc., Leases
Downtown Property.
Lease of property at 110 South
Pennsylvania street to the Hillman
China and Equipment, Inc., is an
nounced by Klein & Kuhn, Inc.
building managers. Wholesale'
branch of their Ft. Wayne business
will be opened by the Hillman com
pany next week. The company deals
in china, glass, silverware, kitchen
utensils and kitchep equipment.
Chicago Stocks j
Bv Abbott. Hoppin A Cos.
TOTAL SALES. 117,000
—July 15—
, . _ J High. Low. Close
Allied Products ... is
Am Pub Serv pfd ... 9
Asbestos Mfg . 412
Bentiix Aviation 20% 19:. jp
Borg Warner 30 19% 20
Brach St Sons 8
Rutler Bros . 5%
Berghoff 15% 15 15%
Cent 111 Pub Ser pfd ... .. 25%
Cent 111 Securities com. .. .. 1%
Cent Pub Util •% % %
Cent & So West .. 3% 3% 3%
Ch: At North Western . 15 14% 14%
Chi Citv A: Con Rvs.. . %
Chicago Corp com . ... 4% 4% 4%
Chicago Corp pfd . 31 30% 30%
Chicago Flexible Shaft. 1!% 11 1!
Chicago Yellow Cab .. 12% 12% 12%
Cities Service . 4% 4% 4%
Commonwealth Edison. 70% €9% 70%
.Consumers % % %
Continental Steel 10
Cord Corp 15 14% 15
Crane Cos pfd ... 55%
Dexter Cos .. . 8
Godchaux B 12% 11% 12
Great l%kes Aircraft 1 1 1 1 *
Great Lakes Dredge . . 17% 17% 17 2
Grevhound Corp 1 % 1
Grlgsbv-Grunow 4 3% 3%
Hart-Carter, pfd
Hart. S Ac M 1.. 26%
Hormel A: Cos JL . 23
Houdaille-Hershev 'A'.. . ... 14
Houdaille-Hershev B . 6% 6 6%
111 Northern Util 62% 63 62
Iron Fireman .. ... 8
Jefferson Elec . 12%
Kalamazoo Stove 28% 28% 28%
Ky Ut Jr Cum pfd ... 22
Lindsay Nunn Pub 4
Lynch Corp 36% 36 36
Marshall Field 17 16% 17
McCord Rad A . . 10
McWilliams Dredging Cos 14% 14 14%
Middle West Util % % %
Mid West Util 6 r , pfd A 2%
Muskegon Motor Spec A . 10
National Leather .... 2% 2% 2%
Nat Union Radio .. 1% 1% I**
Nob-Sparks Indust Inc 29% 29% 29%
No Am Li A- Pow . 5%
Northwest Bancorporat 9% 9% 9%
Ontario Mfg .. 8
Pines Winterfront . ... 4 3% 4
Potter Cos . 2%
Prima Cos 28% 25 28%
Process Corp .. 4
Public Service N P . . . 42% 42 42%
Pub Serv 6a pfd 73
Railroad Shares 1% 1% 1%
Rath Packing 25% 25% 25* 2
Sears Roebuck . 43% 43 43
Southern Union Gas 1 % 1
Standard Dredg Cos pfd . .. 4
Super-Maid 5% 5% 5%
Swift At Cos 24% 23*a 24%
Swift International ... 32 31 32
Thompson JR 12
United Printers Ac Pub . . ... 1
U 8 Radio Ac Tel 20% 18% 19%
Utility Ac Ind pfd . 6
Vortex Cup Cos 8% 8% 8%
Walgreen Cos com 20% 20 20%
Wieboldt Stores 13% 13% 13%
Yates Machine .. 2%
Zenith Radio 2% 2% 2%
Produce Markets
Delivered in Indianapolis prices: Hens,
heavy breeds over 4% lbs.. 10c: Leghorns.
7c. Broilers: Colored springers. 1% lbs.
un. 14c: springers (Leghorn). 1% lbs. up.
11c: barebacks. 7c: cocks and stags. 6c:
Leghorn cocks and Leghorn stags, sc.
Ducks, large white, fun 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, l
fresh country run eggs. 12c. 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 27®
28c: No. 2. 36c. Buttcrfat—l9c. Quoted
by the Wadlev Company
BY UNITED PRESS
CHICAGO, July 17.—Eggs Market firm,
prices %c higher. Receipts. 12,113 cases;
extra firsts, 14%/./15c: firsts. 13’-'l4%c
current receipts, 11%4/12%c: dirties, 11c:
Butter—Market firm, prices unchanged to
%c higher. Receipts. 16.160 tubs, spe
cilas. 25%4/25%e; extras, 24%c: extra
firsts, 23%4/24%c; firsts. 22%4/23c; sec
onds, 204/ 21 %c; standards. 24 %c. Poul
try Market steady to weak Receipts, 26
trucks; fowls, lie; springers, 10(810%c;
leghorns, 9c; ducks. 7-fc: turkeys, 10® lie;
roosters, 8c: broilers. 134/I9c. Cheese-
Twins, 13%4/ F3%c; longhorns, 13 3 * a 14c.
Potatoes—On track. 410; arrivals, 196
shipments, 513; market about steady'.
Kansas and Missouri sacked cobblers,
$2. /5; Virginia sacked cobblers. $5347 3 10
Arkansas sacked Triumphs. $3.4003.50
CLEVELAND. July 17—Butter—Market
firm. Extras. 28%c lb., in tubs; standards,
28%c lb., in tubs. Eggs—Market firm.
Extras. 17c; current receipts. 12%c; extra
firsts, 13c Poultry- Market steady Heavy
fowl, 13® 15c; leghorn fowl. 10® 13c; heavy
broilers. 1647 19c; leghorn broilers, 10® ljr;
clucks, 7® 10c; old roosters, Bc. Potatoes
—No receipts.
Other Livestock
BY UNITED PRESS
CLEVELAND. July 17.—Cattle—Receipts
800; market, fullv steady with good ac
tivity on medium weight steers: all sold
early; fancy dry fed yearlings. $64/7.
choice to prime yearlings heifers $5,254/6;
prime yearling bulls. $4.50® 5; prime
butcher cows. $34/3 50. Calves—Receipts.
900: fairly active and steady despite poor
receipts: choice to prime. $6,504/7.50; com
mon. $4.50. Sheep—Receipts, 1.400; steady
with few best springers bringing, $6.25 top:
all sold early; choice wethers. $2,504/3.25
medium to good. $1,504/2: choice spring
lambs. $7 50478; common and cull. $5 down
Hogs—Receipts 2,300: steady with good
demand from eastern order buyers: all sold
at $5.10 level: heavies. $5.70; choice butch
ers. 220-250 lbs . at sss 10: stags. $2 75:
rough sows. $3,75; pigs. $3.75® 4.
FT. WAYNE. July 17 Hogs 154725 c up:
250-300 lbs , $4.90; 300-350 lbs., $4.80; 200-
250 lbs.. $4 80; 170-200 lbs. $4 70; 150-
170 lbs.. $4.30; 140-150 lbs , $3.95; 130-140
lbs . $3.70; 100-130" lbs., $3.25; roughs. $3.75
stags. $2.25. Calves, $5.50® 6: lambs, $7;
cattle steady; steers, good and choice
$54/ 5 50; grass steers, good and choice.
$34/3.50; medium and good. $3®3.50; led
heifers, good and choice, $4,504(5; grass
heifers, good and choice. s4® 4.25; medium
and good, $3474; common and medium.
S3® 3.50: cow's, good and choice, $2 504/
3: medium and good. $24/2.50; cutters,
$1.7502; canners. $1471.50; bulls, good
and choice. $34/3.25; medium and good.
$ 2 .50 4/3; butchers, good and light $34/
CINCINNATI. July 17.- Hogs—Receipts,
4.200 head; 1,592 direct. Mostly 10c high
er Moderately active. Packing sows
steady. Top and bulk good to choice. 180-
3,30 lbs.. $5.15; 170-180 lbs.. $4.75: 160-170
lbs.. $4.50; 150-160 lbs.. $4 25: 130-150 lbs
■553,204/4; packing sows, $3 504/3 75 Cattle
—Receipts, 1.400 head. Calves—Receipts,
3350 head. Generally around steady. Bulls
a shade higher than last. Friday. Most
steers and heifers $4 50® 6 25: part load
of good to choice weighty steers $6 50-
most beef cows. $2.75 5 3.50: low cutters
and cutters, $1.50® 2.50; most bulls. $2 50
4/3.75; good to choice vealers. ss®6; plain
er kinds mostly $3,504/4 50. Sheep Re
ceipts. 2,500 head. Fat lamb trade erra
tic. Better grades, good demand. 50c and
more higher. Plainer kinds strong to 50c
higher. Good to choice ewe and wether
lambs, largely $8.50® 9; scattering sales.
$9.25, and a few strictly choice handy
weights. $9.50; medium. s7®B: some mixed
SB4/8.50; common. $54/6; culls, down to
$3; a fes.v fat aged ewes, steady at *1@1.50.
H\l 7 iirA / Special
LOUISVILLE. July 17, Cattle Receipts
800: moderately active fullv steady to 25c
higher on slaughter classes: advance most
ly on better grades of steers; heifers, bulls
and lower grade cows: bulk common to
medium steers and heifers, $4®.5; better
finished. $5.25® 5.75; bulk beef cows $2 50
4/3.25; low cutters and cutter. SI 50® 2.25
sausage bulls. $3.25 down: plain Stockers.
S4 down. Calves-Receipts. 800; steady:
bulk better grades. s4® 4.50; strictly choice
$5; medium and lower grades. $3 50 down.
Hogs—Receipts. 1.500; 15c higher: 185-300
lbs.. $4.95; 300 lbs up $4.55; 140-185 lbs.
$4; 140 lbs. down. $2 30: sows. $3 45 stags
$2.40. Sheep—Receipts, 3.500: market, not
established, indications unevenly higher
on better grade lambs: some interest ask
ing 500 75c or more higher, or up to
$8.50 or better for strictly choice long
haul kinds stock ewes moderately active;
most early sales better ewes. $64/7 oer
head Receipts Saturday: Cattle 123
calves. 483 hogs. 304. and sheep, l 741
Shipments Saturday; Cattle. 28 calves.
525; hogs. 126 and sheep, i 360
In the Air
Weather conditions at 9 am.:
West wind, 5 miles an hour; tem
perature, 74, barometric pressure,
30.13 at sea level; general condi
tions, clear; ceiling, unlimited; vis
ibility, 20 miles.
Abbott, Hoppin & Company
203 Continental Bank Building
RI ley 5491
Indianapolis
New York Pittsburgh Chicago
MEMBERS:
New York Stock Exchange Chicago Board of Trade
New York Curb Exchange Chicago Stock Exchange
New York Produce Exchange Chicago Curb Exchange
Commodity Exchange. Inc., N. Y.
New York Coffee and Sugar Exchange
Co-. Managers
James T. Hamill Kenneth K. Woolling
PAGE 11
STEADY BUYING
CARRIES GRAINS
ID NEW HIGHS
Weather, Canadian Reports
Continue as Chief
Factors.
BY HAROLD F RAINVILLE
I'nitert Press Staff Correapondent
CHICAGO. July 17— Grains
opened strong on the Board of
Trade today under a continuation
of the bullish sentiment of Satur
day. although surroundings were
less encouraging Wheat opened N
to 1 cent higher, with September at
anew high.
Cables were weak, but weather
was moderate and mostly clear.
Corn fololwed wheat and was un
evenly ’ to 1% cents higher, with
the deferred deliveries at new highs.
Oats was % cent lower to % cent
higher and rye was 1% to 1% cents
higher. Provisions were steady.
Rank and file of grain operators
are expecting another active week,
with chief interest centered on
weather and the Canadian crop.
There were no rains over the week
end. while temperatures were
moderate.
Eastern interests and the public
are most active at Chicago Liver
pool failed to respond to the bid
advance here Saturday and was onlv
*4 to 1 cent higher at mid-after
noon.
Buying of corn was stimulated by
the rise in wheat and such selling
as appears from time to time is
readily absorbed. The belt was dry
over Sunday.
The great activity in wheat and
corn etract from the attention paid
oats, but the latter market main
tains a strong tone, based on sound
fundamentals. Rye has turned re
actionary.
Chicago Primary Receipts
—July 15—
Wheat 1.587.000
Dorn 2.158.000
° a t s 722.000
Chicago Futures Range
—July 17—
W'HEAT— Prp v
_ . High Low 11 00 Close
Sept 117*2 115% 117% 115%
pec 120% 118% 120% 118%
May 124% 123 124% 122%
CORN
Sept 70% 69% 70% 69%
Dec. 75% 74% 74% 73%
May 80% 79% 80% 79%
OATS-
Sept 43% 48% 48% 48%
Dec 50% 50*4 50% 50%
RYE—
Sept 103% 102% 103% 101 %
Dec. 108 107% 108 106%
BARLEY
Sept. 70 67'i
Dec 74 73% 74 71%
BELLIES—
Sept 865 860
Oct 880 877
CHICAGO CASH GRAIN
By United Press
CHICAGO. July 15.—Cash grain close:
Wheat—Red No 1. sloß%® 1.11%: No.
2. sl.ll® 1.11%; No. 7. dark hard. $1.13®
1.13%: No. 2. $1.12%. No. 3. $1.11: hard
No. 1. $1.12® 1.13; No. 2. *1.11®1.12; No.
3. $1.10%® 1.10%: mixed No. 1. $1.12; No.
2. s.llO 1.12; No. i. northern. $1.11%.
Corn- Mixed No 2. 63%c. vellow No. 1.
64%c: No. 2. 63%®64%c. No. 3.62 c: No.
4. 61V,® 62c: No. 5. 61c: white No. 2.
64%®65'.4c: No. 6. 61c: sample grade.
30® 40c Oats White No. 2. 46®46%c:
No. 2. new 45%c; No. 3. 45®45%c: No. 4.
43%® 44%c. Rye—Sample. 42c. No 1. 99c.
Barley
clover. sß® 11.75. Cash Provisions—Lard.
$7.65; loose. $6.85. leaf. $6.87; belies. *8.12.
TOLEDO CASH GRAIN
Ry United Press
TOLEDO. July 15 Grain close’ (Grain
in elevator transit billing' Wheat—No 2
red, $1.14® 1.15; No. 1 red. lc premium.
Corn—No 2 yellow. 9®7oc Oats—No. 2
white. 49c Rve—No. 2 99%c9 *1.00%.
iTrack prices. 28%c ratei. Wheat—No. 1
red. $1 10®l.ll%: No. 2 red. $109®109%.
Corn No 2 yellow. 64%®65%c. No.' 3 yel
lsw 63%®64%c Oats No 2 white. 46%
®4Bc; No. 3 white. 46®47%c. 'Tdledo
seed closet Clover—Cash $7 75: October,
SB. Alsike—Cash. $7.75; August. SB.
ST LOUIS CASH GRAIN
By United Press
ST LOUIS July 15 —Cash ',’rain close:
Wheat—ln good demand. 4#l%c higher;
No. 1 red. $1.14. No. 2 red. 11 12%® 1.14;
No 3 red. $1.11%®.1.12: No. 1 red garlicky,
$1.08; No 2 red garlicky. slo7® 112%;
No. 3 red garflckv. $106®1.I1%; No.
4 red garlicky. $1 06%: hard grades. 4%®i
5c higher: No 1 hard. *1 11®I.12%; No.
2 hard. $1.10®1.12; No. 1 mixed. $1.12,
No. 2 mixed. sl.ll® 1 11%. Corn—ln good
demand. 1%®,2c higher; No 2 mixed, 62c;
No. 6 mixed. 55c: No 2 vellow 63c: No.
3 yellow. 61%®62%c; No. 6 yellow, 57%e;
No. 2 white, 65c: No 6 white. 61c Oats—
In good demand, lc higher; No. 2 white,
47c: No 3 white. 45%46c: No 1 mixed,
46%c; No. 3 mixed. 45c; No. 2 red. 48c.
INDIANAPOLIS WAGON WHEAT
City grain elevators are paving *1 03
cpnts for No 2 soft red wheat. Other
grades on their merits.
U. S. Government Bonds
Indiana Municipal Bonds
Federal Land Bank Bonds
T. P. BURKE & CO.
Incorporated
SUITE 217-224 CIRCLE TOWER
PHONE Riley 8536
Centlivre
Brewing
Corporation
Fort : Wayne,
Indiana
m
Class A Common
Stock
■
Listed on Chicago
Board of Trade
Orders Executed at the
Market
■
Descriptive circular
on request
ZAISER & ZAISER
INCORPORATED
129 East Market Street
Indianapolis
Telephone LI. 9375

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About The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965

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The Indianapolis times. [volume], July 17, 1933, Home Edition, Page PAGE 11, Image 11
About The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965