davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
|BrightSpotS
|Of Business
General Motors May sales to deal
erS higher than April and May, 1880.

General Motors May sales to deal
ers higher than April and May, 1880.
May crude rubber consumption up
1875 per cent from April.
Bucyrus-Erie Company peps up
production at Erie, Pa. plant.
Chicago Title & Trust Co. declares
extra dividend of 50.
Edison Brothers Stores, Inc, three
months ended April 80 net $8O,707,
VS.. $4,000 in like 1880 period.
Electric Power and Light Corpora
ton year ended March 81 net $1O,-
619, 1863, VS.. $9.614, 1902 preceding year.
Hudson Essex sales week ended
June 7, up thirty cars over 1890
week.
Singer Manufacturing Company
declares usual extra dividend of
$3.50.
National Pump g. Transit Co. re-
calls many workers to full time.
March pay rolls and employment
class l railroads up for first time
this year.
Federal Water Service Corpora
ton year ended April 80 gross ST.
380,923, VS.. $16.516,192 in like 1890
period.
Ohio Bell Telephone Company,
four months to April 80 net 3,198,-
722, VS.. $3,118,34O in like 1880 period.
Associated Telephone Utilities
Company year ended March 81, net
$2,739,922, VS., $2,186,661 preceding
fiscal year
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Cash Grain

June 12J
The bids for car lots Of grain at the
call OF the Indianapolis Board Of Trade
/ Q: b; shipping point basis lilac New
Wheat-Firm: No. red. 67@ SOC; No. 4
red, 66d68c: No. hard. sea sac.
Corn-Steady; No. 2 white 52d54c: No.
3 white. ..5lG53c:- No. 2 yellow. 50d sac:
No. no. yellow, 49G5oc: No. mixed. 400
ssc; NO. 3 mixed. 47Q48e.
=, OatsISetady; No. white. 24laG25hc:
HAY q. o. b. country points taking 1910
Or less rates to Cincinnati or Louisvlllel--
s1lQl1.50: No. 8 Timothy sioGi0.so;; No.
light clover mixed. S10.5ONII; No. /
s85049.
inspection
Wheat-No. / red. l car. total | car.
Corn (newl-No: 2 white. cars No.
White 2 cars; No ! ysIIog ! car: No. 2
g gfa [si,av cars; No yellow: I car: sam
mixed. l car. Total % cars.
Oats---No. 2 white. II cars: No. 3 white.
l car; no. white. 1 car: sample white
cars. Total. 10 cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BUYERS FORCE
5O-CENT RISE
IN HOG PRICES
Competitive Bidding and
Light Receipts Aid
in Upturn.
Light supplies and sharp compe-

Light supplies and sharp compe-
tition in buying forced swine prices
up Is to SIS cents this morning at
the city stockyards. Trade was fast.
The bulk, 40 to 300 pounds, sold for
s7.15 to s7.35; early top holding at
S7.35. Receipts were estimated at
1000; holdovers we're 109.
Slaughter classes were active,
selling strong to higher in the cat
tie market. Receipts were 800.
vealers held unchanged at SO down
Calf receipts numbered 500.
Irregularity prevailed in sheep
with little change noted. Receipts
were TOO.
Chicago hog receipts were $4,000,
including 5000 direct. Holdovers
were 1000. The market was very
active On weights below $50 pounds
to shippers, fully Is cents higher
than Thursdays average. A few
loads brought $7.05 to $40, with
an early top of $7.1o. Some were
held higher. Cattle receipts were
2,Oo0; calves, $1,000; market strong.
Sheep receipts, 1900; market steady
were 10000 and steady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
WHEAT FUTURES
END SESSION AT
HIGHER LEVELS
Short Covering on Lack of
Rain Sends All Grain
Options Up.
BY HAROLD <. RAINVILLE
United Press stan corresnnn6ent

CHICAGO, June l2.-Scattered
short covering on the strong tech
meal position and uncertainty in
the northwest gave wheat 8 good
gain on the Board of Trade today
and the close was near the top Five
successive days OF lower closings put
the market in strong position. A
forecast for clear weather both sides
the lire tonight and bullisll reports
from Canada discouraged selling,
although trade was very light.
Cash markets generally were
strong, aiding the futures. Corn
was f1rmer with wheat, but dragged
and advances were very small. the
market moving in a restricted range
throughout the day. Oats moved
with corn.
Cash Prices Rise
At the close wheat was z to I
cent higher, corn was q to II cent
higher and oats were Is to q cent
higher. Provisions were steady.
losing an early advance.
Liverpool rose toward the finish
when shorts covered on the Cana
dian situation and the close was *
to q cent higher. Winnipeg was
firm, g to 3 cent up at mid-morn-
ing. There was no pressure on the
chicago market during the morn
ing, the desire to engage in the
market in the present surrounding
apparently being lacking. Cash
prices were 1 to 4 cents higher. Re-
ceipts were 40 cars.
Corn was equally as dull as wheat
during the morning. Trade was
largely local and very light. Prices
stood Is cent lower to Il cent higher
at mid-session, July showing the
loss while December was strong.
RainfalI Is Large
Corn sections have been getting
a great deal Of rain recently with
the possibility of damage in a few
areas from excess moisture. Quincy.
ILL.,, had 312 inches overnight. Cash
prices were unchanged to 4 cent
higher. Receipts were % cars.
Oats had no change of signifi-
canoe during the morning, the mar
ket being almost at a standstilI.
Prices were Is to Il cent higher
early in sympathy with wheat. Cash
prices were unchanged to y cent
lower. Receipts were "a cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

May new constructions contracts IN
territory east of Rocky Mountains totaled
$306, 089, 100. against a year ago. accord
ing to F. W. Dodge Corporation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Jury Rules in Woman'S
Favor in indianapolis
Accident Suit.

PHILADELPHIA, June ia
verdict for $4,000 was returned by
a federal court jury here Friday in
favor Of Mrs. Janet Law, who had
sued the Transcontinental Air
Transport, Inc, for $4,000 for the
death of her husband, Duff c. Law,
who was killed in one of the COM
pany's planes at indianapolis in
December, 1929.
The case was the first of its kind
ever tried in the federal court Of
this district.
An executive of Warner Bros,
Inc, was killed when the plane
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
AWARDED $4,000 FOR
PLANE CRASH DEATH

piloted by Dean w. Burford Of De-
troit crashed while landing on a
snow covered field.
Considerable conflicting technical
testimony was given during the trial
which began Monday. Bernt Bal
chen and Charles S. Casey Jones,
famed aviators, testified that they
would have managed the plane in
the same manner Burford did under
the circumstances.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

Following is the explanation of
Ripley's Believe 1t or Not, which
appeared in Fridays Times:
RACE Pail, Father of Forty Eight
Famous Vi0linists-Racz Pail, best
known of the Hungarian gypsy
violinists of the last century, was
the father of forty-eight sons who
all inherited their fathers mas
terry in handling the violin, and
in time led gypsy bands of their
own. Pals striking appearance,
his eccentric behaviors, and his
virtuosoship made him a great
favorite with the noble ladies of
the gay Hungarian capital. He
had eighteen wives.
Monday: can Unbelievable One
From Ripley's Travels"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Mail Pilots Chanued

Transfer of Charles C. Wehrung
and Warren. r. Vine from the
Embry- Riddle division of American
Always, Cincinnati indianapolis
Chicago mail and passenger line, to
the new division between Nashville,
Tenn, and Fit. Worth, Tex. will be-
come effective Monday. They have
been pilots on the local line since
it's start late in 1927
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BIZ United Press

LAFAYETTE June 2.-Hogs-Market
lbs4 $685.; 275-3oo lbs, s6.s5: 800 s2S lbs'
sssoo: u, iSo- ,sS lbs. s6,75; l2O-l{o lbs.
SSo o l . lbs. $3.50; ,roughs.. SIS So
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Other Livestock
BIZ United Press


CHICAGO. June 12.-Hogs- IS
higher on best 30 lbs. and down; heavier
weights and packing sows. 10@25c higher;
bulk 160-260 lbs, $707.lO; top, $715: 270-
$50 lbs, $6.25Q6.85; pigs, $500 6.85;
packing sows, s525gs; Light lights. ,i l4O.
Weight iIs'' $4,000 lbs. good and choice,
good and choice S7@@7.15; heavy weights,
250-350 lbs, good and choice, $6.2507.10;
packing sows, 275-500 lbs. medium and
good, $5.25@6; slaughter pigs, 100-1S0 lbs.
yearlngs. active. strong to unevenly
higher; fat she stock, bulls and vealers
about steady; early clearances of all
classes; slaughter cattle and vealers,
steers; 100000 lbs. good and choice, 81 Is
gS; 200 i6Oo lbs. good and choice, $50
$3.50; I3o0-1500 lbs. good and choice.
$7.25@8.75; 60o-1300 lbs, common and
medium, $66750; heifers. 55o-a50 lbs,
good and choice, -$T.25@8.75; common and
medium. $3.50 7.25; cows, good and choice
S4:1S@6;25: common and me ed $4@475;
beef, $494.50; cutter to medium, $500
4.40; vealers milk fed), good and choice,
sSG95o; medium, $6.5oGS;. Gull and com
mon, $5Q6.50; stocker and feeder cattle,
steers 9ES:: Soo.Io5o lbs. good and CHOICE. Sc
Receipts, 5000; generally steady, only
few loads on sale, good and choice native
lambs, S8.25Q9; some held higher; year
lingS unsold few fat ewes. $l92; slaugh-
ter sheep and lambs, lambs, 90 lbs. down
goSod s and q, choice, $S2599.5O; medium, $3.50
90-150 lbs. medium to choice, ST asa O. so;
all weights, Gull and common, 75c01.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

Federal farm loan board approves
sale of Kansas City Joint Stock Land
bank to A. o. Stewart and bondhoIders
committee for S26.75O, 900. New bank to
be operated as Phoenix Joint Stock Land
bank of Kansas City.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

Daily average volume Of federal re-
ended June 10 was 1894, 100000. an in
crease of $4,000, 900 over preceding
week. but S60O00.00O below ike 1890
week
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

International Telephone and Telegraph
quarter net 43 cents a share on 6,642, 500
shares. against 81 cents a share on 5.871,
821 shares in like period of 1890. A divi-
dend of so cents also was declared,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
New York Liberty Bonds

June ~
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Winnipeg Gains

By United Press
WINNIPEG, June 12.-CloSing
wheat prices on the Winnipeg
graiA exchange were up more than
cent today. Prices were:
July, 61A, up L; October, 62% to
y, up 1 to rs; December, 631k to
635s, up Ia to q.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

Monday: can Unbelievable One
From Ripley's Travels"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
CATTLE slaughter Glass;
300; market, steady.
CALVES AND VEALERS
Receipts, 500; market, steady.

Good and medium ..... 5000 100
Common and medium ....... 5000 500
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

American Cyanamid Company to hold a
special stockholders meeting June "a to
share for class A and class A common.
To reduce values on good will'' patents
and processes on other items. After Dro-
posed changes net book value of common
stock will be about Sl4 q share.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
By United Press

CINCINNATI. o.. June l2.-Hog-Re-
ciepts, 2,o0o; heldover. none; market &C
up; better grade l70-240 lbs. S735; weight
Ter kinds scare; 25o-27o lbs, quotable 81
Q7.25; most 120-l50 lbs, and lower grades
100 ID. averages, S6.T5; bulk sowS. S4T5 to
mostly S.. Cattle-ReceiptS. 225; calves.
$50; supplies light; bulls active. to mostly
Csc higher; other classes steady; a few
common and medium steers and heifers
S6@7; better grade steers, Considered
salable up to So; beef cows mostly S4.25
Q4;75; some SIS and above; low cutters and
bulls. $3.75@4.75; vealers steady; good and
choice, S7G6 lighter weights mostly 81. So
GO; lower grades 81 downward Sheep
sheep steady to weak better grade lambs
$4,000; a few choice eve and wethers
Ss.2599.50; buck lambs, 81 below quota
lions; common and medium, s6@7; bulk
ewes, 50 down
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Fruits and Vegetables
FRUITS

FRUITS
oio ADDls ss5 WenSv g bg Sasss R B
staynen s2.5oSs7s: Robe Beatty n:S' $685. 5.5S:
Winesap. s2.lO@2.6o: Baldwin. $3.50 a bar
rel.
Cantaloupe-california. $3.50 a crate:
Jumbo. 81; PONY S275.
CheTries--CaiifoTnia. $2@2.25 an s-ib.
Grapefruit Florida. ss@9.5o: Texas. 81;
Lemons1z-Fapcy California. s475 a crate.
crate: Florida. $4.5o@475
Pears-Avacado. California. SSG3.5o q
Pineapples-Cuban. los to GAS. 50 a crate.
Strawberries-Home grown. .$5@6 a
crate; Indiana. IS: Kentucky and Tennes-
VEGETABLES
Neutrality-suspicious.. 81 dozen.
h,, A ASp Sus s1 egroyyn; SOC a dos.
0u BeansF SSF s5ees 55e SS hammer
Beets..5HOIne-sro 81 bushei: new
Brussels sprouts-45 q SOC ID.
Cabhss !ye,- '. new. sl.s5 So-lb.
Texas: new. .$l.25 a 5o-ib. bag; California.
CaulitowsrIzcalifornia. $3.50 q crate.
Celery--Michigan, one-dozen- car
California. dozen punches, $780, Florida.
to 3-dozen- bunch crate So
Celery Cabbage-Southern. $i25 a.
Cnives-sl.7s a dozen pots.
commandments S1.259l.50
Endive-california $I.2s a dozen heads.
ksle-Home-grown.7 5c@$l q bushel.
Iettuce-California. 50. SOFAS q crate of
Is and IS; homegrown leaf. 6oc q I5-ib.
basket.
Mushrooms--ss9&o c 9 ID.
ACKNOWLEDGEMENTS 75c bushei
CnionS-New Texas. yellow. 81. 60; white.
$2 Yellow Globe. 15c 3 bushel; white. soc:
home-srown green onions. Csc q dozen
oyster Plant-Home-xrown doc a dozen
punches.
Parsley-Marion county, 4oc q dozen
punches: Southern. 9oc.
Parspips-Home-ero 81 & bushel.
Peas-Telephcne. Western. s2.5062.T5 q
Peppers-Florida. ss.soas a crate.
Radishes-Hothouse. button T5c q dozen
punches, long red or white. Soc
NEUTRALITY-SUSPICIOUS.. So335c q dozen
spinach--aome-Srown broadleaf. 81
Tomatoes-southern s-Ib. basket 81: To-
10. carton. 81: dollhouse. $2.7S an s-lb.
basket.
Turnips-Texas. si.2s a bushel
POTATOES
Maine Green Mountain. ioo-lb. bag
81. IS: Red River Ohio. io0-lh. bag. Ss.25S
go: Michigan round white, lo0-lb. bae.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
STOCKS RESUME
UPSWINC AFTER
RALLY IN RAILS
Increase of IS Per Cent in
Rates Sought by
Carriers.
Average Stock Prices

Average Of thirty industrials for Thurs
day was 1867. on rs. Average Of twenty
rails was 77.45. up 2.2e. Average OF twenty
utilities vas $500 Up o5.. average OF
forty bonds was 94.74. up .06.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
New York Curb Market
(BS Thomson & McKinnon)
q
Produce Markets

Eggs country runl-Loss of delivered in
Indianapolis lac: henery quality. No. l.
Poultry buying priceSl-HenS weighing
lbs. or over l7c: under lbs, i7c;, Leg;
horn IN hens 4G 1890 orU ng4 fq @
bareback, Ice: Leghorn broilers. 19c; ducks.
&C. old cocks. 8@9c: ducks. full feathered,
fat whites. &c: geese. &C. These prices are
for No. ! top quality. quoted by Kinsan< 81
Butter twholesals,-No. /. 97@2sc: No.
2. 25926c.
Butterfat-22c.
CHEESE wholesale selling price per pound
American loaf. 22c; pirnento Loaf 24c:
Wisconsin firsts. 17ixc; Longhorns. 1712c:
New York linlberRer. soc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
New York Stocks
BY United Press

NEW YORK, June 12.-Sales on
the New York Stock Exchange today
totaled 1900 900 shares; Curb stock
sales totaled 100000 shares.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BIZ United Press

NEW YORK, June 12.-Potatoes-
per barrel; Maine, S2G2.6o per barrel; Ber-
muda, s25o@S per barrel; Canada, $l.25@
dull; Jersey baskets. 75c6$3.25. Flour
Market, firm and higher; spring patents,
::55JSSq go Po Os, MAJ. 9qiet; mess.
S830@8.40 Tallow-Market, f1rmer spe-
cial to extra 3b932Sc Dressed poultry
Market, steady to firm: turkeys, 25@44c;
chickens, 25637c broilers. 25641c; fowls,
12@27c; Long Island ducks. 1661ec. Live
poultry--Market, quiet; geese, 1o6I2c:
ducks, 13024c; fowls. 1e622c; turkeys,
Cheese-Market, firm; state whole milk,
fancy. to special. l2hG23c; Young Ameri-
ca, 140l9Ac.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BIZ United Press

CLEVELAND. June 2.-Butter-Extras.
251ac; Standards, 2S3zc: market. steady.
easy. Poultry--Heavy fowls 21c medium.
s2c; Leghorn fowls. tic: heavy broilers,
22sgS2c: Leghorn broilers. l8@24c;, ducks,
market, steady. Potatoes-North and
South Carolina Cobblers. $2.7562.85 per
barrel; Louisiana blue triumphs. sl.90 per
l00-ib. sack.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
TREASURY STATEMENT
Net Changes
By United Press

BIZ United Press
NEW YORK, June l2.-Closing
prices and net changes on principal
stocks traded today on the New
York Stock Exchange follow:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Local Wagon Wheat

City grain elevators are paying CSC for
No. J red wheat end SIC FOR No. hard
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BIZ Times Special

LOUISVILLE. KY. June i2-Hozs-Re-
celpts POO; marFet s5c higher; a25 lbs.
sS25: $50 lbs: down. $50: roushs. $3.50
$50; stays, s3.2o. Cattle-Receipts 100:
inarket, steady; prime heavy steers, s6G7:
and plain steers, s5G5so: fat heiferss o $50
LOU common to medium heifers. s4T6.
sooo % choice COWS 3.5o64,5O: medium
2.7S; Gamers. S1.256225: bulls ssG53
Ieeoers. SsI7; stockers. s450G67S: calf
rSscS;ipsS, go market. steady; good to
Sheep-Receipts. 1000: market nrosnsctS
steady. Thursday'S shipments-CattIe- 80:
caves. $40; hogs. IA; sheep. 2,25s
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Bank CIearingS
INDIANAPOLIS STATEMENT

INDIANAPOLIS STATEMENT
June IA
SlSaFlngS .ss.ss.............. So, 90, GOO 90
CHICAGO STATEMENT
June l2-
Hearings s-sssssssss SlJ, AUG, .OO
bdAdACcs s.-ss..s.ssss.s.. c,0UU, UUO, %
TREASURY STATEMENT
June "a
Net balance for June 10. .S4T, $50 ies. 50
expenditures ....t.,.......... 12ei00l7. 80
Customs reefs. month to date 8 .l6s, 64i. 50
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
New York Bank Stocks
by Thomson g. McRinuonl
TrsY7n 80
Other Livestock

EAST sUFFALo. June l2--Hogs Re-
eelpts, 1900. urgent demand BIZ al in
terests: generally <oc higher; bulk de-
sirable l3o-250 lbs. s7.65: mixed and
palmer kinds S7.50G leo: packing s5Ws.
s4.5oa5.s0. Cattie-Receipts. 275: most
cows active steady; cutter grades S22
ESQ common and light weight culls $3.50
Calyes-Receipts. 500; vealers unchanged:
good 10 choice. $3.50 to mostly So common
and medium, ss9750. sheep-Receipts.
500: lambs. steady: plain quality CON
sidered; best natives. $40: choice ewes aud
cutter grades quoted 5000: throWouts,
S.75f 5-25: grassy vearlings. s4.5095.5o.
welghty ewes So down.
CLEVELAND. June II --Hog=7eceipts
500: holdoyer. none. market active $50
higher lsO-230 lbs. not particularly active.
most others. strong TO higher. S6QS: most
y So 50 Up; getting steer contingent 81 fat
low cutters under 50. Calves-Receipts.
200: steady: vealers. SO down. inclined 10
be slow on plain or draggy kinds with
weights; selling $50 downward, se on
offered top principally common 10 me-
dun. lambs around s6d7S0 ana common
yearlinRs around 50: scarcely enough 70
zaake market
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BY ELMER c. WALLER
United Press Financial Editor

NEW YORK, June lZ.-Ra1lrOad
stocks staged an abrupt turnabout
today and their rise to new high
ground on the movement inspired
short covering which brought prices
about the previous close. Gains
we're retained to the close.
According to preliminary calcu-
lation, the Dow Jones & Co. in
dustrial average advanced O.41
points to 1868; rail average adj
vanced 2.15 points to 1880.
Sales totaled 100000 shares,
compared with 100000 Thursday.
The opening was steady, after
which prices dropped, with rails the
widest losers. Support developed,
but until afternoon, when the up
ward move was resumed in rails,
little Of note occurred. Trading was
duh.
List Absorbs Selling
The principal factor in the mar
ket today was the decision of rail-
road chiefs TO ask the interstate
commerce commission to increase
freight rates Is per cent. This would
boost revenues $400, 100000 annual
ly for the carriers, it was estimated.
Despite the bullishness Of the move,
those who bought rails in recent
markets took the opportunity to sell
for profit.
Ability of the list to absorb this
selling without wide open breaks oc-
curing was responsible for covering
later. The operations, however,
continued almost wholly profess
sional. This sort Of dealing has been
in progress for more than week
now and the decline Of $49,000,000
in brokerage loans for the past week
was taken as proof Of this.
Rails Make Gains
In the railroad group wide gains
we're made from their lows by New
York Central, Union Pacific, Atchi-
son and Pennsylvania. These shares
closed with net gains ranging
from / to more than 5 points.
The copper group was affected
adversely by the monthly statistical
report on copper stocks. An in
crease of 81, $4,000 pounds OF re-
fined copper on hand June l as
compared with May l was con-
sidered bearish for the stocks and
Anaconda dropped to new low
on the movement followed by other
leading copper shares. The group
rallied with the remainder of the
market under lead of American
Smelling.
Steel common made a substan-
tiaI recovery from it's low of 1914
and other industrials followed. Not
all of the gain was retained due
to some further selling in the last
few minutes of trading. Aubuee
moved up from 159ls to TIA, up
2 points 1t lost its gain later.
Bonds Unsettled
International Telephone rose 2
points on declaration Of the reg
ular dividend which was not earned
in the first quarter. American
Telephone rallied a point above the
previous close. Loft rose on
Jump in May sales. General Motors
was lower despite a rise of 3.3 per
cent in April and May deliveries to
dealers as compared with those
months in 1890.
Commodities we're steady to firm,
including cotton, silver and grains.
Call money held at liz per cent.
German bonds again were unset
tied by the financial condition in
Germany. The German Interna-
tional 513s made a record low, and
other German issues were down
to points, rallying slightly before
the close. Bonds on the Berlin
Bourse were down per cent, but
stocks rallied to around Thursdays
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

McGuffeyites will hold their an
nual picnic today in Brookside park
with a program Of violin music,
readings and short speeches.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
DOw-JOneS
Summary

Tobacco Products Corporation notifies
Stock Exchange Of proposed cut in au.
2467 900 shares and in common to $685.
600 shares from 900 shares.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
Chicago Grain Table
By United Press

TOLEDO. o.. June I2.-cIose: Grain on
75M74c; No; l red. cent premium. Corn
mo- z yellow. 551a@5e1sc: No. 3 yellow.
2aia2 a 90 &c: Oats-No. 2. white % q acc
new. S13.75: prime choice. new. STA: prime.
cholce. OLD, S13.75; October. S1375; De-
cember. $14 Alsike-Cash. S14 Brtter-
Fancy creamery. 26027c Eggs-Countrv
run l4Ql6c- Hay-Timothy per cwt,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13
BIZ Times SDecial

PITTSBURGH. June l7.-Hogs-Receipts
30 lbs. S7.so67.e5; 3i0-240 lbs. $3.50
80: i2o-i5o lbs, s7.25 f7.5o: good packiez
sowS- SSn5.15. Cattle-Receipts Tsore.
market. nominal Calves-Receipts 100
market. steady: good and choice vealers'
746.50; common 70 medium. sac so. Sheen
Receipts. 500; market, slow about steady.
AAGss 81 sewawaEdss
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-13

New York cables opened in London at
4.S6 1882; Paris. 124.2li Amsterdam. 1908;
Italy. % 905: Berlin. 20.505.