davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
WARM WEATHER, RAINS
Benefit STATE CROPS
Corn and Field Tomatoes Show
Most Progress.
Warm weather and good [

Warm weather and good to heavy
rains in various sections of the
state last week were of great bene-
At to corn, field tomatoes and late
tobacco, according to the weekly re-
port of the United States Depart
ment of agriculture.
Corn shows excellent color gen.
orally and several fields already
have been laid by. The harvest of
winter wheat is practically finished,
with only few fields in the north
ern counties remaining to be cut.
Threshing is in progress in the
south, with reports showing yields
and quality very good. Generally
the crop is poor and very short.
Pastures, meadows and new seed
ings are improved, but more rain is
needed in many northern localities
for practically all growing crops.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
tBy United Press

CHICAGO. july 6.-Cash gram Wheat
No l red 90 &c. No. ? red. 90 go &C,
No. red S9isc; No. l hard. elisNs2l &C;
No hard. 9lisI92c; No yellow marc
ellie: No l mixed. 91c. No. mixed
9O94c Corn-No. ! yellow, soc; No. 2
yellow. 597ac; No. yellow, 5li2s; No: ;
yellow lake. SIC; No. white lake. o.. q
white 43a 44c. Rye-No. 1 bulkhead. 66i4o.
Barley-s6c; Quotable. 56d csc. Timothy.
50 356 9 60 Glover Seeo-SlO.2 p q "a =; -
Cash .proytsions-Lard:. S6''2; loose SOU
leaf S6l2: bellies, SO IS. ,o,-
TOLEDO. JULY 6.-Grain close: GRAN
in elevators. transit billing, VII heat "a @
64iec' Oats-No. 2 white. Az 48c. Rye
No. 2. 6siad 69iac. TRACK. PRICES. 24lsc
ratel -Wheat-No- red. $50 S2l7c s 30
n soc. No. 3 yellow. 58i7 sec; No. yell
low. 57i7 a 58c. Oats-No.. white; AZ ? a
45c: No 3 white. 43m44c: Seed Seed c ss Sc
Clover-Cash. S8.25. Alslke-Cash, eo.oO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Produce Markets

Delivered in dndianapons PRICES 1asG Heavy b2a,f
ers. lbs. and over 16c; Leghorn bro i
lie: old ROSTERS &c: ducks and geese. &c,
sSineas: i5c; No. strictly fresh country f}
case must weight SIS lbs, gross: a deduc:
ton of 10 cents pound for each pounc
under IS lbs. will be made Bqtter1NoS;o d
Quoted by Wadley Company.
fBv United Pressl
CHICAGO, July eggs Market,
steady; receipts, 10, SGT cases; extra hrstS
14hc fresh graded flrsts MA l4c; cqT Tfsa
No. 2. 10l2c; checks No. l, lie; No. 2
1O1ac. Butter-Market steady: receipts
q .12s tubs; extra frsts 1921 score
88-89la score, 1A@2124c; seconds $50
8712c: O02O1ac; specials. 24d "a &c; stand
ards 231ac. Poultry-Market. steady; re-
%bs R e tFuf 4yes he door da sS
Plymouth, csc: colored broilars. 18c; spring
geese, lie; turkeys, lac; old ROSTERS, sc;
&c; heavy spring, 14c colored springs, PC;
rock Csc; Leghorns. 9lac. Cheese-Twins
1872 Longhorns, 13d13Ac daisies
13G13Ac. Potatoes-Supply moderate; de-
NortR c ano GobbeTs ST 40 signify de-
cayed. 81 20: Virginia Cobblers, S1.30@1.35
slightly decay}ed 81 81 ri 3sc MlS NoTth
Carolina barrel 'Cobblers, s23O@2 40, slight;
" decayed $2156220; Virginia barrel
CobblerS $240. Arrivals. 13l, on track
269. shipments. 1.014.
NEW YORK. July 6.-Potatoes. steady;
southern, S1@250 barrel: Maine. Sl.1O4
225; sweet potatoes, firm; Jersey basket
S650235 southern basket Sl.25. Flour.
steady; springs patents. S. 1901 barrel.
Pork quiet: mess. Sl9l212 barrel Lard,
Arm; middle west spot. S450a so per
100 ID. Dressed poultry steady turkeys Is
27c; capons, 25635c; fowls, 10@18c; ducks,
13d14c; Long Island ducks. 100 15c. Live
Pi sc: ROSTERS. &c; ducks. 8a1oc fowls 70
"a i5c; broilers 13G25c Cheese, steady;
state whole milk fancy i TO- specials; 10
619c. Butter. receipts. 25.8o3 packages;
market. steadier; creamery. higher tnan
extras. 24lz@2514c: extra t92 score
2414c: first go to 81 score, 23S4
first 1873 to 80 score). % G23i4c; seconds,
22I5 a 2234c; centralized 40 scorel 23s4c;
centralized 1913 to SO scorel 23M23 &C;
centralized ga to 81 score). 2212q 22S4c.
CLEVELAND. July -Butter-Market,
steady: extras 27l2c; standards, 27l2c.
Eggs.Market. steady; extra white, IA &c;
current receipts, 1870. Poultry marSset
firm; colored fowls Az lbs. and up, l6c;
Leghorn fowl 31a lbs. and up, 12c; old
Toosters. &c: ducks, white 5 lbs. and up,
l5c. Potatoes-Virginia $3.50 per Dbl.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
On Commission Row

July D
Arp,cs-Fancy Delicious. $3.50: Trans
BlacSberries-24-ot. crate. 81.
$50
o7anrss-canfornia. sunkist. $3.50;
NalfntiaS $3.50.
euous-Sunkist. 81.
Grapefruit-Florida ScedleSs 50 5Qf 50.
spherrics-S Southern Indiana BLACK.
es-ur crate. sI.75G1: red. 50.
taloupes-Callfornia 1umhoS. ass.
s. so. standards. SS-5oG425: Honey
Pears-CaIavos. $50 per box.
Watermel ons-Florida Watsons. Sub.
Bananas-Per pound. SC.
Vegetable
Sweet Corn-Alabama. 5-dozen crate.
Csbbare-Home grown. busheI 500 soc.
Celery .ch.gan. Tat boxes. $780, me-
onio1s--,rcxas yellow. sO-Ib. bag. 81.
Po-atoes-Northern round white. l00-lb
RAG 81 500 North Green Mountain. Sis.
Colorado NcCIureS. 81 50: Idaho RuSSets.
10o-Ib bag. s2.25. new Texas Triumphs.
sweet Potatoes-Tcnnesses Nancy Hanks.
Bcans-Roand. stringless. SIS.
Beets-NeV. soc dozen.
Carr0rs-Calitorrla. o-ccEe1 crate. SIS.
Cau-iover Homegrown. hushei. 81 So
Le-rgcc-Outc0or l5-4o. BASKET. So ice
berC hest 81 a crate
Peas-Iud.sna. 81 50.
Rad.shes-Home Gr0Wn buttons. large
Rhubslb-Homs grown. dozen. 2Sas5o.
Spinach-Houe grcVn. bushel sc
tomatoes Hothousc. lob. basket. 81:
original Tenn Sob. lug. S225.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
FUTURE PRICES
UNSETTLED IN
NERVOUS TRADE
Hedging Pressure Creates
Selling: Heavy Rains
Are Reported.
BY HARTMAN w. NICHOLS
United Press stan CorreSpondent

CHICAGO, July Grain prices
b0D6ed neryously in a rather wide
range on the Chicago Board Of
Trade yesterday when counter in
fuences came TO the attention of
the trade.
Wheat finished unsettled. y cent
lower to = cent higher Corn was
$ to a cent lower and oats we're
j. to s cent lower.
A sharp dip followed a rather
lame start when cotton and silver
prices dropped and heavy rains over
tie southwest and northwest were
reported. There was a good class
of buying on the downside, however.
and an equally sharp rally ensued.
Early sales were based on eaSiness
in the Liverpool market in addition
to the other controlling factors.
Later hedging pressure brought
other sellers into the pits. Grain
men, though, reported that wheat
actually was selling at a liberal
premium over the future with No.
hard at Kansas City bringing a sub
stantial price as compared with the
December future.
Frost was reported overnight in
some parts of Manitoba and south
ern and central Saskatchewan with
ice formed at some points and con-
siderable apprehension as to the
possible damage was expressed
locally and at the Canadian term
inalS Wheat in the Canadian
northwest was said to be in bloom
but the acreage involved in the
frost bitten area was not made
known.
Reports of heavy rains in parts Of
Iowa, Nebraska and Kansas induced
rather liberal selling Of coarse grains
and at times prices we're sharply
lower.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
(By United Press)

NEW YORK, July 6.-Closing Liberties
(Decimals represent thirty-seconds)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Per pound Sc
-Vrrefahles-
CHICAGO FRUIT MARKET

CHICAGO. July 6-Fruits and vege-
tables Apn.es Michigan SPIES. 3 3. III
fnots transpsrents. S1I2 so. carrots Cal
tf-rula S9E@1 crates. cucumcerS. not
house sl12. Illinois hushel 81 > ~ $50.
tomatoes Texas s. az Is luz BOX sweet
potatoes. Tennessee. s. huShel hampers
mushrooms Illinois lsf soc ID. cartons
asparagus Illinois con Sic crates. straw
series. Wisconsin. 81 s0T1 50 rs OTIS
peaches. Georgia. g. of1So - hushel
red rasrterrles Michigau. 81 p : ~
ulufsI. lettuce California $ 1871 "a
crates beans. eastern green. SIS 20 4 40 ou
hampers Onion market 50 %. sacks
Texas whites SITS. California yelloWS
SioSTI IS California whites. Sis
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Indiana Farm Loans in
Year Total $780, 100
Cash Grain
INDIANAPOLIS


July g.
The bids for car lots Of grain. At the
call OF the indianapolis Board Of Trace
Z O. b.. Shipping point. basis lI'ze 10
river 1000. ~
red. 78m roc. No hard. IS 79c..
Corn Easy: No. white. 81 58e NO,
yellow. 52H53c: No. , mixed 30 oSc.
&C oatsIF Firm: No. white. +Oa4ic: No.
white 39T 40c
taxing 93isc or les rates TO Cincinnati or
LOUISVILLE No l timothy. SlSHlSo 30.
Inspections
is cars No / hard. 10 cars. No ? hard.
cars. No: mixed, Il cars: Nc }oi 5 mixed
Corn-No. 2 white. , cars: No 3 white
cars: No. ? yellow. "a cars; No yel-
? mixed. / car; No. mixed. car.
oats-No 2 white. 3 cars: No. white.
R RSts o. IL car: No. ?. IS cars. Total
l9 cars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07

Extra charge Of soc a ton for wheeling
coal. and 81 . ton for coal carried TO biz
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
RAIL INCOME INCREASES
Indiana HarbOr Operating Revenues
Total S7,565.7l9 in Year.

CHICAGO. July An increase Of
Dor Belt railroad for the year end
ing Dec. 81 showed net operating
income Of SI.S45. COS against a total
Of sl.527. 3l4 in the previous year,
the annual report Of the stockhold-
ers revealed.
Total operating revenues for the
above period OF this year were ST.
5.719 as compared 70 S7296, $50
for the year before.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07

LnaL quarter
L n e trade
pr o b a bly,
must expect
wider varIa-
ito n s j n
o p era tons
than those to
which u had
been accuS-
toned.
In addition
the heavy
anCe or
ders placed
early ! a S {
month in an
ticipation Of
a strike in
the industry
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
q. 8. Business Failures Increase

CHICAGO, July 7.-Business fall
ures in the United States in June,
according to reports from Dunn &
Bradstret, totaled 1893 as compared
with OFT in May and 1,648 for the
corresponding month Of last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Wall Street
Further Sharp ReduC-
lions in Steel Opera
tons Not Surprising.
BY RALPH HENDERSON,
Linz. sn.rIsl TinanciaI Writer

THE reduction IN steel operations
Il TO % per cent Of capacity from
a. per cent last week and 55 per
cent two weeks ago came as no great
surprise. although some authorities
had expected the slump 10 be some
what more gradual IN view OF the
code ruling that orders taken for
anv quarter must be filed during
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Brokers Loans INCREASE

WASHINGTON, July Broker
age loans of reporting member
banks in New York city in the week
ended July 3 rose $4,000, 900 to a
total OF sl,O69, 900 900, the federal
reserve board announced Thursday,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Estimate Sugar Production
by United Press

Estimate Sugar Production
CHICAGO, July 7.-Production OF
Cuban sugar for the current season
to June 30, was estimated by the
Export Corporation to be 2,192,72O
tons. Mills in operation during that
period totaled thirteen, the corpora
ton reported.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07

lower; $4,000 lbs. $40; 29o-22s lbs..
:ss aSo2So lbs s455 S0 III 3 g.
l40-l5o lbs So 40: 13o-140 lbs, So IS; 1901
1870 lbs, $3.50; 100-120 lbs. $3.50; roughs,
So; stays sl75. Calves. IS; lambs $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
May Automobile sales are reported to
show A gain Of IS per cent.

Directors of Beneficial Industrial Loan
" dividend OF 87i2 cents a share on the
preferred stock Series A. and 37ia cents
a share on the common stock. both pay
able July g. of record July is.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
AAA PAYMENTS MADE

Indiana COrn-HOg Producers 70
Receive S44,O5O.6O.
By United Press
WASHINGTON, July THE AAA
yesterday reported corn-hog contract
payments of $7,055, O483O through
June 80. Iowa producers got
S4,8O7, 7O9.55, Minnesota 1888, 314.20,
Missouri $500, 32725, Washington
$85, O79.50, Indiana $44050.6O, South
Dakota S57,612.55, Nevada $14,636,
Alabama $13,35O.O5, Ohio 500, 62705,
Wisconsin 1,56O80, West Virginia
s8,557.20, Maryland $2,636, Virginia
$2,230.35, Michigan $500, Arkansas
S677.20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
CHICAGO PRIMARY RECEIPTS

Local Wagon Wheat
City grain elevators are paying rs cents
for No. 2 soft red wheat other grades
on their merits
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
FEDERAL FARM LOAN BONDS
(By Blyth g. Co., Inc.)
Home Loan

As July 1, 1851 ............. 100.25 10000
Federal Farm Mortgage Corporation
3As March IS. 1854 -. 10116 101 81
The two latter quotations are in thirty
seconds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
SPECIAL ISSUES
CLOSE AT new
HIGHS FOR YEAR
Freight LoadingS Amount to
644,572 Cars in Week;
Store Sales Up.
BY ELMER c. WALLER
United Press Financial Editor

NEW YORK, July stocks
crept higher yesterday at trading
pace just a shade above Thursdays
small volume.
The main list showed advances
ranging 70 a point while a few spe-
ciaI isues gained as much as 3
points. Commodities on the other
hand, we're mostly lower; bonds
were irregularly higher with all
United States governments scoring
a rise: the dollar was steady.
Business news was favorable. fea-
tured by a car loadings total Of 644,-
SIP cars for the week ended last
Saturday. Chain store sales con-
tinued TO show substantial gains.
Hot weather and summer vaca-
ton demand for seasonal goods did
their share in offsetting holiday de-
clines in retail trade.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Other Livestock
(By United Pressl

c III July ooo sdH 4Ssts
$40 bs Ssay Tn S. 1890 T5S
s4.l5@4.sO; l40-17o lbs, sS5O@4,ls; pigs,
S2S59@s2{ PPsclki6pg sOws sRacs
s54o@&IS; light weights. 10000 Ibs:'
good and choice, $4G4.75; medium weights.
2 ss2S w sf g00a so aas Gh 6 sood and
choice. s4.S6@5; packing sows,, 275-55O lbs,
medium and choice. $55O@425; slaughter
$40 Csttie1Receipts 5000; calves. $500;
market. most killing classes fully steady;
not enough steers, offered to make mar
good 1899 Id. steers, 1855; selected veal
ers. s., odd head sS525@s59 weeks sup
ply st9ckers and feeders well cie cleans w.
900 lbs. good and choice. $5;75g8;25; 900
LOO lbs, good and choice, s699 SO; 100
sSS 1880 $780, g S@d s and ch6se
1910; 5O-1sOO lbs. common and medium,
s2.75@7;So; heifers: 55O-75o lbs. good and 5d
a5ss: COWS COWS g SS s.. $50 5; Common and
medium. 50 506375; low cutter and cut
ter, $1.25q2 50; bulls, yearlings excluded,
medium, s2.S5G SIS; veaiers. good and
choice. ,s4.5oG6:25; medium; s3:5o@s4.5o;
feeder AG cattle; Steers. SOL. o5O lbs. good
and choice. s4d5.50: common and medium,
s2.5o@4; Sheep-,Receipts, 5000; market
higher; .yearlings scarce; sheep unchanged;
bulk native lambs: lightly sorted; So teE "
elPu di first Washlngt91 n'' fanse S Of sea-
son. Ewes. s1Q2.25. Slaughter sheep and
choiee, s75oSssO; CON Common Ta and SG meduml
s667 so: ewes. 90-15O lbs. good and
choice, sl.5OQ2.25; all weights, common
and medium. sld1.75.
LAFAYETTE July s;:--Markst 10 to l5c
,oTsr' 5 2SosSS lbs & sS0322 bs
s4s5 10000 bs s. So 1920 IL I5s s455
40 lbs. s525: ioo-i3O lbs. s2.5ods
Roughs. 81 down. Top, calves. 81 year
ling lambs 81: spring lambs. s7d7.5o.
FIT. WAYNE. july s.--Hogs stes d. to, 2Oc
ss5 1 2SCSO IBIS BIS $50 2SS7sS lbs 6
s4Ss; 1aS-35o lbs. $4 S.. i5o31so lbs So 's5;
sS Ss l' sso 6 iDS rGug 9
So; stays sl75. Calves. IS; lambs $3.50
By Times Special
LOUISVILLE. July Notwithstanding.
100; supply very Light quality PLAIN IAN
c con n to to medium steers and heifers..
quotabie, s375d475: little included Of
value to sell above IS; but strictly good
grassy cutter steers and heifers. salable
50. 5063.50: bulk beef cows. 2.5oG3: good
kinds and smooth heifer types. eligible to
siG22 IS: sausage bulls, salable mostly
s275 down; most light Hereford stockers
salable s464.50: inferior TO common ma
tives and southerns. mostly S225d3.50.
calves-Receipts 500; including 70 stock
calves; market. steady; bulk better vealers,
to local interests. IS: most medium and
lower grades. So so down. Hogs-Receipts.
500: including 143 billed direct; steady;
1856 lbs. s3s5: 145-l60 lbs. SO so; 12o-I45
lbs, $40: sows. $3.50; grassy and I'M
finished hogs discounted. Sheep-Receipts,
5000: including $50 stock ewes: run in
cludes several decks rail lambs and stable
quota: strictly choice overnight offerings,
market generally steady; most better truck
and strictly choice offerings SO 50d9: light
medium lambs. s6d6.5o: throwouts most
stock ewes salable s5.5oa7.5o a head.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07

Bank q E5anse mn J S6S 2s stats%sn It
fSaed g SS 600 u as co M To ign
969. 600 900 an increase of 1912 per cent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07

and The effort % escape the higner
prices which went into effect az the
tiur. the recent announcement OF
proposed cut IN prices by National
Sferl proba DIV had something 10 90
with the further sudden drop in OPP
e~a+rorc. Consumers no doubt feel
thar further reductions may be
for Incoming and are withholding
orders for the time being 20 sec Just
what is going TO happen IN that re-
spect.
National steel held a decided ad-
VANTAGE over many other manu-
fa-- rers for a time before the code
came into being because Of its rela-
tivelv light overhead. For several
months during the depression 1t was
operating at close 10 capacity. The
company may feel now that 1t can
afford TO shave prices to better ad-
vantage than most Of the others
and win back more than its share OF
the available business during the
slow summer months.
TINE cut in compound interest
i rates by the Corn Exchange
Bank Trust Company just an
nounced. may prove the forerunner
Of reductions in other quarters.
Several of the upstate commercial
banks are reputed to be considering
cuttirg the rate on thrift accounts.
They now pay 3 per cent and are
said to be keeping the rate that
high only because of the compel-
ton from the savings banks.
THAT the banks are finding II
difficult TO make both ends meet be-
cause Of the low yields on bonds
which they may buy is generally
known. Many OF them hold large
blocks Of United States government
liens. upon which the yields are
virtually nil
II probably would be a good thing
II ali banks reduced their interest
uavments. Their first concern must
be for the safety of the funds in
trusted to them. and it would be far
better for them 10 cut rates rather
than turn to speculative invest
ments if they must choose between
the two alternatives.
NNE Of the troubles with the en-
~ tire banking system during the
last boom period was the COMPETE
ton which arose between the various
banks to secure deposits. Higher
rates OF interest than were war
ranted were paid in order to secure
these deposits. which were worth
money. It got to be so for time
that the price Of banks changing
hands was determined on a basis Of
the amount and number Of their
deposits. And banks were changing
hands rapidly and at fancy prices
in those days. Unsafe and untitled
investments were the result.
A general reduction in bank in
tercst rates at this time no doubt
would result in more money being
extended 10 industry. People with
funds undoubtedly would place a
larger portion Of them in bonds and
other investments. Business in all
probability would benefit. Money
would begin to flow in the right di-
rection. and the government would
be relieved OF the necessity Of get
ting further into the banking
business.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
N. Y. Coffee, Sugar Futures
july g
COFFEE
Rio
SUGAR
Retail Coal Prices
DOMESTIC Retail Prices
July g.
CHICAGO

The following prices represent Quota
tions from leading Indianap polls coal deal
ers A cash discount OF 25 cents per tor
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
New York Bank Stocks
by Abbott. Hoppin & Coz
Fssr.-
DOLLAR STRENGTHENS
London Gold Price Declines to
SS476I5; Sterling Gains.

LONDON. July THE dollar was
stronger yesterday. The pound was
S5.042s. Gold declined 2is cents TO
S3476ls with the sterling price 1877
Shillings nine pence fine ounce. up
2 pence. Thursdays price was fixed
with the pound at $5O5A.
PARIS. July 6.-The dollar was
steady yesterday. Francs were 1916
70 the dollar 1886 cents a france.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Treasury Statement


WASHINGTON. july 6.-Government ex-
penSe and receipts OF the current fiscal
year 10 July 3. compared with the cor
responding period Of the previous fiscal
YEAR
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Street Watches Meeting

The Street watched the meeting of
commissioners to govern the Stock
Exchanges. Joseph Kennedy, chair
man of the commission, let it be
known the group did not plan any
hasty action.
That heartened traders. It was
held that if the commission oper-
ated as Kennedy said it planned to,
there should be no difficulty en-
countered so far as trading is con-
Cerned.
Stock sales yesterday approx
mated 100000 shares against 0,OOO
shares yesterday. Curb sales ap-
proximated 10000 shares, the same
as Thursday.
DOw-Jones preliminary closing
averages showed industrial, 9734,
up O9O; railroad 1885, up OBS; util-
ity 1885, up 0.29.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
New Highs Are Made

COca-COla continued to rise into
new high ground for the year,
touching 1907. up 23s points. Other
issues to make new 1884 tops in
cluded MOnsanto Chemical and
Great Western Sugar. General
Foods was a lone issue to make a
new low for the year.
Best gains were by Spiegel, May,
Stern; Allied Chemical, Sterling
Products, Western Union, Corn
Products and American Can. These
issues were up IL to more than
points.
Chrysler rose more than a point
and others fractionally. Utilities
were up fractions to a point. Com
monwealth 81 Southern was active
around ?. a loss Of Is point.
There was some profit taking in
United States Smelling and the is
sue declined Ii points to close at
1884,. American Smelling closed at
423s, up Is. Anaconda was un-
changed, while International Nickel
firmed = point to ISIS.
American Telephone made belated
response to the less than seasonal
loss in telephones during June for
its principal subsidiary, New York
Telephone Company. 1t closed at
lis. up a point. Western Union also
was strong, closing at 451z, up IL.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-07-07
Bright Spots
-(Bv AbR0tt. Hoppin q Co

Bank Of England statement July 5.
shows circulation 365. 793. 900 pounds
against 38168 on June %. an increase of
All per cent.
c 81 o Railway car 1oadings in June
totaled 128,664 cars as compared to
1922 i May ad 1888 June of
1913