Chicago Tribune from Chicago, Illinois • 27

I AGO SUNDAY TRIBUNE JULY 11. 1937. A PART 2 PAGE n. CHEM1CAL FIRM VALUE OF LIVE CHICAGO STOCKS MAY SELL STOCK ISSUE THIS WEEK CURB Saturday, July 10, 1937. Shares sold today 73,000 Total sales 1837 to .67,547,000 ar ,.230,500 Total sales 1836 to dale Saturday, July 30, 1937.

Slmrc fold .13,000 Total sale 13,17 to date. 8,717,000 1 "SO 18,000 Total sale 1336 to dale 10,125,000 CUBANS ASSAIL 49 MILLION BOND DEBT APPROVAL UTILITY HOLDING COMPANY SHOWS GAIN IN INCOME STOCK OH FARMS USES SHARPLY Net Sales. High. Low. cbge.

50 145U 14514 145 200 5 4'i 5 100 4 4' i 100 81 31 S.l 100 33 3.14 Sales, Net thous. High. Low. Close, chge. 11 do os '68 86Vi 86Vs Vt 10 Alum Co 5s 103 15 103 103.15 represents 10,1 15-82.

1 3 Alumin Lid 106Vi 106V4 6 Am 58 2028.107 107 107 Alum Co Am. fAm Am Cyan B. Am Gas it FA Po pld fAm Gen tAmMaracaibn tAm Seal Kap sn iu 3UKU iui 3(10 H' i4 3's 100 3 100 7'8 7i 7 IS. 3 011 7', 7 6 Am Pi-L 6s 2016 92i Am Boll 103 103 5 Appal EiP 6s 104 104 0 Ark 5s '5fi. 98 97i Assert U.S, Put Pressure on Government.

Estimate 700 Million Gain in Last Thres Weeks. Am sun rower 1,000 in it. 34; 4- But Net Worth Declines in First Half of Year. ho Pfd 2(io asVi 31 314- Appal 1 pf 30 103 103 103 tArctur Bad 300 Hi Hi 53 77 50 40 48 53 77 51 494 48 11 As Elee 4Vas '53. 54 6 Ag GJLK 77 3 do 5s '50 51 8 do fis '68 40 14 do 4-ss '40C 49 1 BaldwL 165 105 EY GUSTAVO RENO.

IX'hiiiiSQ Press Service. HAVANA, July 10. Cuban senators and representatives today blamed 1 BellTCan 5s o5A.113 113 133 .1 Bum El 4Vs '68 88 88 88 8 Can Nor fis '53 .103 102 102 97 11 -s 97 064 93 77 54 11a 1 'H 12 Cam fis '56 97 3 CenlllPS 90 7 Cen fig 03 3 Cen Pow fis '57D 77 3 Cen 8t El 5s '48 54 RCengtPiL 5As'53 fillU 97 Vi OflVi 3i 77 54 J--. 8 80 11 a-jiji 6i ii Hi 1 1 27 13'4 3 3Vs 15 70 7'. 06 1937 Div.yld.

Closing Description, Net High. Low. put. Bid. Asked.

liv. rate. Sales. Hip. Low.

Close, chje. 55' a 45 3.3 474 48 Ahbott Lab SO 47 47 47 3a Hi 2.0 9 Adams Hoy 1,301 50 8 9 8 13 7 2.9 31 11, Armour Co r.35s... 850 11 11 11 9 3fs 5 6 Autoro Wash cv ptd ISO fi 5 0 34 10 10.0 10 lo4 Berghoft Brew 1 100 04 10 10 30 17 in 20 Brine 300 10 1 10 18 13 4 0 15 jfi Butler Bros 150 15 1ft 154- 30 29 5.1 It 00 Cast Iff A 3 50 110 110 ltd 1 81 53 60 68 CenlllPuhSvc pfd 2k 350 67 or t7 6 2 3 Cen Ut 450 3 3 3 6 3 4 4 Chi Corp 4l0 4 4 4 48 43 7.0 43 44 Do pfd 13 50 4.H4 43 43fc 27 4 12.5 35 16 Chi Yell Caij IU 150 1 fi 10 16 5 2 Ht4 3 Citirs Kerv 350 3 3 3 130 103 4.4 3 13 110 Cumwlth Eclis 51 50 115 115 115 48 3ti 4.8 42 43 Compressed lud Gas 21 50 42 43 4- 11 5 10.0 5 ti Con Biscuit 300 5 5 5 5 3 3 3 Curd Corp 15(1 3 3 3 20 18 7.5 JHU 20 llnnn'ham 9tr 11.30 50 10 35H 22'n 2.8 31U 35H Kildy Paper 50 35 35 3ft 13'. 7 7 7ii El Houwhold JO0 1 ftVi 4U 3-0 4 in 5 Fuller Mtg t-lOgl 50 5 5 33 4.4 23 23'i Gardner Den new 1 a 1 50 23 23 23 6T ft 'a lien Finance f.0 350 5(4 5 ftVa IO'k 3 4 5 (ieu Uoiiet'lmkl 400 5 5 5 J2Va 11 4.3 12 r'H Uosard 50 12 13 13 It 111 H.a li1 Hamilton Mlsr A 111... 50 11 11 It's 8 11.

1 K' o's Hoik-man (J Brew 11.. 150 0 0 8 33 H.7 mi Hun Wer Mot .00 150 0i 0i 13 0 00 5.7 100 110 111 Nor Ct (ltd 1 6 10 ln0- lOOVi 48 a7Va VMM, 40 Ind Cneu Tl via 2.50 50 IlOVs 30Vi l)i 3iii, 0'y 10.0 30Vs 10 Katz Drug- 1 250 HM3 lOVa lOVi 19j K'i 4.1 11 1l'. Kelloss Swiieh 1,400 11 10 11 SJH 17Vi 1.5 25 S.V., Ken Had .3751 50 25'i 26V 28V4 14 7'a ti 5.8 0'; Kcri.vu Oil A 550 fiV4 HV4 lim 1B'4 5.0 1 1 Lcrui Co 111 50 IS 18 18 3 5 0 J-IVa 13 Lib McN 1 50 12 3 2 32 45 40 8 40 Liueoln Pi I pld 1 3.501. 20 40 An 40 33 3 14 3.3 30 l.lon Oil Hef lal 150 30 00 an 3 3 0 Loudon I'avU 200 4 II' HV 30 10 24 J1 Marsh Fielq 250 34'i 2 1 Sl Vs 15 0 10 14ld West t'oiD 300 0 0 0 1 1 4 4V4 Do war aftO 4 4 4 SI n'-i 55 OS West Ct. pi 30 HO 00 00 3'i 54 23 20 Po 7 pfd 00 27 25 8.s 10V.

10 11 11 Koi'west Bancorp 350 11 ll'i 11 3 1 3 1 PcaUiUy Coal JJ 400 IV, l'j 1V4 120 100 5.3 413 114 Pub bve 0 pfd 6... 00 lit 114 114 Hit 25 Ml 25 30 Hints Gear 12.401. 10 30 30 30 fil.i 14Vi 10 12 Serriofc Cor 11 120. Ml 12 12 13 20 17 5.0 2(1 31 Stein A ft Co 111 150 30 20 20 lVis 2 33 3 Hi 34 Swill A Co 1.20 50 24 Va 31 34 25V. 10 3.1 S3U 24 Traue Ho C.5Ug 30(1 2t'i 23 23 4 2 3 rtuh Radio 15(1 .3 3 3 fi 2 II Vi 3 Util lud pld 350 3 3Vi 3 5 2 3 3U Wahl Co 300 3 3 3 33 25 fi.n 2S 20 Walgreen (31 5" 30 20 20 32 ri 8 Will Oil-O-Mat 50 1 7 7 0 Wise Bankshrs 500 7 8 40 30 5.1 37 37 Zenith Had 12 100 31 37 37 5814 58V4 1 VS.

Ve 7 8 SO 1 Ills 2. fH 2 1 T- I it 27 13U 1U 2 3 is 2 15 Hi 0Vs 76 JV4 0(1 1 SihVi 834 6 3 2i 04 68 a it fi tChiOxt! 105V8 105 8 80 1U 2 23 6 Hi 2 1 'M Ma 11 27 13Vi 3 as a 15 7 6' 2 no 28'4 S3', 3 04 i 58Vit 9 14U 5110 000 200 20 100 100 2011 3 00 10 300 100 100 200 10 500 500 300 100 5(1 3 00 150 200 250 200 500 200 120 200 3110 10 1,400 300 100 25 SOU 25 200 Other Security Deals Become Eligible, Monsanto Chemical company of St. Louis, this week will become eligible to offer 50,000 shares of $4.50 cumulative, series no par preferred stock. A number of other minor offerings may be made upon qualification with the Securities and Exchange commission. The Monsanto issue has been underwritten by Edward B.

Smith Co. Proceeds from the sale will be used ior improvements and working capital. The stock is redeemable at HQ prior to July 1, 1917, and at 107 i thereafter. Other issues qualifying this week, although actual offering date is uncertain, include Interstate Aircraft and Engineering corporation, Manning, Bowman and Ohringer Home Furniture company. Offer Part of Issun.

Of 500,000 shares of $1 par common of Interstate Aircraft, 299,905 shares are to be offered in the near future; 150,000 shares have been issued to the predecessor company, Interstate Engineering corporation, to whose stockholders the stock will be distributed; 50,000 will be issued to officers, and 5 shares at to be purchased by directors. The offering price will be made at par at an underwriting commission of 20 per cent. Laswell Co. are the underwriters. Proceeds will bo used to acquire the business and as sets of the predecessor company, for equipment and working capital.

Manning, Bowman Co. of Meri-den, which makes household utensils and tableware and is con-troled by International Silver company, will qualify to issue 30,432 shares of $10 par common, of which American government officials and private interests for the decision of the Cutaan government's bond commission in which a total of $40,000,000 of Cuban bonds held in the United States is recognized as legal. The Cuban legis-J a charged that Americans brought undue pressure on the Cuban government to force the favorable report. ifi I 'V i i 4 ht Hy cod 5s '27 70 60 70 1 fin St Hy fis'5SB 96 96 96 3 Cities Ser fig "66. 73 7 3 73 19 do fig '50 71 70 9 CitS 67 67 67 Vi 3 7CU3 Pow filis'53 67 6liv 67 2 tComwEd 133 3 1 H4 2 tdo fis '5411 ...,333 312 ll 12 tdo 4s '81F ....105 1054 3054 1 fdo '65H ..104 101 104 15 Cunt os'58A S(i 86 80 9 DctCGas 5s '50B404 104 104 CO tEastGiF 89 88 8S 1 ElPa.oEl SsTiOA.lOl 101 103 5 Elea 84 84 84 3 EmpireDisE 5s'53 96 95 95 5 6s'4 3 87 8 7 87 3 FedWaler 6s'61 80 80 80 4Fla PL 6s 93 92 93 3 Gary 6s'44st 98 98 98 7 Gaiin fis '56.

.102 103; 302V44- Utility and Industrial corporation, a Chicago holding company, had an increase in net income but a decline in net worth during the six months ended June 30, Robert Graf, president, reported yesterday, For the six months, net income amounted to $30,203 exclusive of net charges to investment reserve but after interest, taxes, and including $37,405 profit on the sale of investments acquired subsequent to April 2, 1935. In the first half of last, year net income amounted to $812. Net worth, which is the excess of assets over liabilities, of the corporation on June 30, 1937, amounted to $3,548,480, based on market or estimated values for investments. lVet Worth of Senior Stock. This net worth was equal to $5.27 a share on 673,381 shares of $7 convertible preferred stock, and compared with $4,823,617, or $7.16 a share, on Dec.

31, 1936, and $3,700,323, or $5.50 a share, on June 30, 1936. "The decline of $1.89 per shars in net worth since Jan- 1 can be accounted for largely hy the decline in market value of three blocks of public utility holding company stocks in the corporation's portfolio, which amounted to $1.57 per share," said Graf in his letter to stockholders. "5ales were made of each of these items at close to the high prices registered during the period and the proceeds were reinvested in other industries." The wave of packer buying that swept the live stock markets during the last three weeks has added more than 700 million dollars to the value of cattle and hogs still on farms, it was estimated at the Chicago stockyards yesterday. The aggregate value now is highest in many years despite the fact that farmers have fewer animals. Advances in slaughter stock throughout the country have been the most sensational in many years, all classes in the last week soaring to the high-est summer levels in almost a decade.

Cattle were far in the lead. Full pound carloads of top steers were worth $4,187, an increase of $562 over the low spot of last month. Hags Advance Sharply. Top carloads of hogs closed at $3,225, about three times what they were worth at the low time of the depression and $387 higher than three weeks ago. A year ago last week top carloads of steers sold at $2,500 and hogs at Broad consumer demand supported these high prices at the stockyards.

Beef and pork moved freely into retail channels at the highest price levels in many years. Top beef carcasses closed the week at $22.50, which was $1 per hundred pounds higher than a week ago and $8 above the same day last year. Top pork loins finished at 531, compared with $28 a week ago and $21.50 in 1936. Other cuts of fresh pork sold $4 to $6 higher than a year ago, hams being the exception. Top Cattle Beach Final quotations for live steers and yearlings last week were 75 cents to $1.25 higher than a week ago.

The top load reached with the week's bulk at $12.25 to $16.25. Beef cows rose 75 cents to $1.25, while can- Ark Nat no a Lo pfd Ark pfd tAshl Oil 4H. As El tA Ho pfd Atl C-iast Line Atlas Corp war tAustin Sil tAutomat Pr tAuto Mach tAxton Fis A Ealdw Rubber tllaidstownllis tBtech Aire. tBlueRds seller Borne Drill A Ilrown Co pfd. tBrown Diit But K.tRP 1 Bunk Hilt Cab Wire tCab pr vto tan Hyd El pf Can Jdare Wire.

tCaniCi.ie Met. 7 pf Carrier tCarter W.f tCatalin Celluloid Cen Sw Ut. Cen St El Hpf tCcntiif Chesebro Chi Cities Service. Do pfd C.I Jsit'on Clevis Clinch Club Ai Utrn. ft'olon to A Colts Pat Colum R.

tComwllh Edit war tfomni Pub tComm Wat tCompoBH vto Coiw Cop tCons Gas Ct Cons Si I Corp. tCorrl Corp Cosden Creole Prt Courlaiilds Crocker Wh 1'Croft Brewing-tCrown tCusi Mrs Dot Gray tIJet Stl Prod. Do V'ilhiss Easlc Pich f.d East Gas V. Do 0 East Sta Ioip. tEnsyWshM B.

Eilcr Elec President Bru. 50 11 1 Gen Bronze 6s'40 92 93 92 00 86 9 Hi 57V 9 6 ih 0U 14V fili 116 15 3U 11 ft'-i IV. 6 630s 8'. 114 15V 3 4-1 Mi 86 17 80 '4 95'4 71 .1 nvs.s im sit 1 Gen Vend 6s "37 17 2 (ienWWk os '43A 604 1 GeoPow 5s 95 3 fig '7S. 8 GiAldCl 4s 78 80 '4 95 71 Oil 1.400 1(10 700 78 i 5H H.

0 4U 64 7, 4i ''I0- 10(" 1 i' 100 Accumulated a Also extra or extras, Declared or paid so far this calendar year, dividends paid or declared this calendar year. Vi 45 3 3Vi 5Va 116 IVi 154 3 Vs 41V4-T Vi 3 11 5U "i 6 4Vi- -3 19h Vi 8 114 1 i 25 14 1 5 i 1 04 3-i8 5 38V, He; 14V, 27H Vs -iiniii 1 na ki l8Va 98 4 tHyirdFd fis '40A 76 76 3 I11PAL 5s 96 96 96 2 do 514s '57 03 03 JM 6 do 6s '53 ..103 103 4ua 5s 'MB is a8i 3 Int Hy El 5s 87 85 87-3 IndSvc 5s 6714 67T-. 300 111 25 Hi 1 5 loss, 2 5 105 105 105 4 IntercnP 6s 6 6 3 IntPS 7s 70 70 70 HOLIDAY CUTS TRADE ACTIVITY IN CHICAGO AREA ST. LOUIS ANTI-SMOKE ORDINANCE UPHELD BY FEDERAL TRIBUNAL Vi 25 1H lOVi 2V VU 3'i 4ti 38 '4 13'i o'-js uoi. H8 68 68 68 1 .1 40 40 55 50 91 f.H,M8,IIW Us Oi.

tll' 2lo 6. '57 55 1 IntersPS 6s '5(iD. 79 1 5s 2t 5(1 4 KiUtil '55F. 92' 1 do 5s '61 81 55 "ill' fid 91 8 4 200 50 100 100 1,000 300 100 500 400 300 1011 200 3 00 3 00 800 200 100 50 200 0110 3 00 100 200 100 -rr-- v. 104 104 ai.ioM.-MI.

5s 304 103 101 104 104 4McmPiL 86 86 TMensrclC 4s'47408Vi lOMVi 1084 The house representatives approved a resolution demanding that President Federico Laredo Bru inform congress of the truth of allegations that American diplomatic and private influence was responsible for yesterday's decision. House Demands Kecords. President Bru was also asked to place at the disposal of the house complete records of all sessions held by the bond commission for the time of its appointement. The president has ten days to comply. Protests to the decision centered cn Jose Manuel Casanova, chairman of the senate financial committee and a member of the bond debt commission.

Likewise Representative Mar-celino Garriga, a Liberal of Pinar del 3Rio, was censured for signing the report. He is chairman of the house financial budget committee. Expect Long Battle. Government spokesmen expect a Jong hard battle before the executive can push through the debt commission's recommendations and turn them into law. Leaders of the movement to block enactment of the debt recommendations announced they are mobilizing every means at their disposal to have congress reject the commission's findings.

They desire either that congress slone decide on the matter, or pass it on to a proposed constitutional in February, 1038. Elections of members to the assembly are scheduled for Jan. 9. 2 40 38 a4 5T4 44 49 31 30s 6 44 ner and cutter cows came up 50 cents 3 9s St. Louis, July 10.

tU.P.J Covstitutionality of the new St. Louis anti-smoke ordinance was upheld today by Federal Judge Ueorge 11. Moore who denied an injunction to two St. Clair county, 111., coal operators. Judge Moore held that the ordinance was to improve public health and welfare, and that smoke and its component gases, fumes, and ash caused loss and damage to property and health, and was a public nuisance.

It was also found that washing and hand picking provisions of the meas 5,000 shares are under option 1o the president of the company. A total of 25,044 shares are to be offered to stockholders ot record Aug. 2. 1937, at $10 a share in the ratio of 36 shares for each 100 held, and S8S shares are to be offered to employes at 10 a share. International Silver will purchase the unsubscribed portion.

Proceeds are to be used in paying bank loans. Bock Island Plans Issue. The Chicago, Rock Island and Pacific railway yesterday asked the interstate commerce commission to approve an issue of $28,172,650 in 10 year 3Vi per cent certificates of indebtedness, dated July 1, 1937. The issue is in accordance with the refunding plan approved by the Federal District court here. The new certificates would be issued directly by the company, in exchange for existing equipment trust certificates.

The Rock Island explained it expected to issue only in value. Calves finished 75 cents to $1 higher and stockers and feeders 2. Vs Sh 200 El Bond Po pfd Business by Checks Falls Sharply. Commercial activity in the Chicago reserve district, measured by the volume of money transferred by bank checks, decreased in the week ended Wednesday from the preceding week. The doclire was due principally to the Independence day holiday.

While the transfers showed an increase over the corresponding period last year the margin was not as great as his been recorded in recent weeks. Th federal reserve bank of Chicago reported yesterday that debits to individual deposit accounts checks cashed totaled $1,178,412,000 last week in the five middle western states served by the bank. Dr ip of 8.7 Per Cent. Keports Investments Adjusted. He reported eighty-one items in the portfolio on June 30, compared with fifty-five on Dec.

31, after execution of a program of purchases and sale? for better adaptation of investments to the current outlook. On June 30 the company had 49 per cent of its investments in public utilities, 44.3 per cent in industrials, 5.2 per cent in railroads, and 1.5 per cent in miscellaneous enterprises. Last Dec. 31 the proportion was 69.6 per cent in public utilities, 29 per cent in industrials, none in railroads, and 1.4 per cent in miscellaneous. Eowman-Biltmore Hotels corporation announced net profit of $131,473 for the first half year after ordinary taxes, rental, and interest, but before amortization of expenses and incomn taxes, against a profit of $24,355 in the first six months of last year.

The June loss of $1,745 before amortization compared with a loss of $4,941 in June, 1936. Earnings reported yesterday were: SIX MONTHS ENDED 30. 1937. IH3R. Alton 448,897 were strong to 25 cents higher.

Most gains in hogs were in those weighing 230 pounds or less. These closed 25 to 50 cents higher. Heavier butchers were steady to 10 cents higher for the week, while spots in packing sows were 5 to 10 cents lower. Final quotations for lambs were up 40 to 75 cents, with the week's average 80 cents higher at $11.50. Old sheep and yearlings closed about steady.

ure would serve to reduce sulphur fumes, reduce fly ash, content of smoke and facilitate successful use of MlflWVal Bs 81 84 13 5s 57 00 90 3MissPciw fis 81 81 81 5MoPS 5s '47 73 70. 70 NatPS 5s '78 41 4i-h ,44. 3NovCalE 5 81 84 llS'i HS'i os 7: 73 7-1 4.1 1 lo 5s '48 73 73 7'J 1 NEngpw 5s '51 05 95 95 9 do os '48 112 U2 9-4, i 102 102 -1 41's 106 100 4s'80 08 98' 98 3 NConUt 64s 48A 57 fi7 67 IMndPS 4s'70E B7 97 97 2 west PS 5s '57 05 95 95 1 Oh 5s '54D. .303 303 303 10 TOklaNGas 5s 46.103 100 103 lOkia 5'4 8014 8'i 89 PenCnPA-LHs'T? 91 91 01': 3 do 5s '79 974 97 97- Pen-OhEd fis'59 97Vi 07 f7 2 4s-83B 01 91 H3 11'hilaElP 13 0 lloL lOPiedEl 6'2s '60A 7(1 60 70 2 Pittg Si! 6s 3 03 103 5 Po. Ed 5s 306 307 10 do 4s 'OIF.

...1074 107 307 1 rwCoi(-n-l4s'59B. 983 98V4 98 i lo 304 101 4Pb Sv NJ 6s ct.l.M I mechanical undeifeed stokers. This first test of the validity ot the city's smoke ordinance was the 5 38 i 33i 14'4 ai 2ii 40 3ii 20 0 45 9's 37i 1 70-i Mi po 4 1 ft Ti 19 4i 14H 3 2 13 13 'a 3 7'i 4'i 20 3 Ha 10 10'i 15 14 22Vi 31 26 204, 15 71 28-; 34 5 3 3 76 5 13U 8'i 1 ti 30 HP, IO'h 07U 4 6i 2ti result of a petition for an injunction 000,000 of the notes but might be called upon to issue the larger i against enforcement by two Belle LIVE STOCK STATISTICS El Pow As A. El PJ L2d pf A Elect tEouify Corp. EuroEl rtcb rt Evans Wallo.

tEx-Cell-o Cor tFairchiid Av. fFanstcel Fodders Mfg. Fisk nub Ford Can A Ford Mot Ltd tFroedtert fi. l'o cv pf. fGen Alloys lien El Gen Rub.

Glen Aldcn Godchaux SuA tGraml NalFil Gray Tel Grecnf Gulf Oil tKewilt Tlolophniie tHud Bay M-3 111 Iowa Tow. Do nfd Imp Oil Indus Fin pfd Ins 'o Am Lit Hyd Kl pfd Iiileruat Pet Inter Clil B. Inter Vitamin Inters Del pf Jacobs Co 3 00 5 0 200 3 00 000 300 300 700 300 100 400 100 1011 3 00 50 .1 00 100 3 00 3 00 fid 00(1 300 200 1410 100 100 200 200 300 40(1 25 50 200 3011 200 300 50 100 amount. Armstrong Cork company yester ville, 111., operators, Sam White and Frank Sergent, co-partners in the Bell Heat, Coal and Mining company. Cliieaero.

Sheep. Average Trices at Cattle, "lira." JUNE BUSINESS $11.70 $3.75 3 T4 3 70 51 fis" 4 1 H-j 19Vi 4i 14 3 2Ti 13'i 22 'i 13Va 17 24 V-10 311 'i 2 3 0 15 55 14 22', tj 1 SVi 26 20-i 1 5 71 38i 31 IVi 12V4 1 a 76 5 HVi 8Vi Hi 30 13Vi 10 3 67 Vi 4 6fti 21 Vi They contended that tho ordinance day called its 4 per cent, debentures, due July 1, 1950, for redemption on Aug. 10, at 103 and interest. Ilia 10 5Vs Vi 58 2 4 1 IVi lOVi- 4i 14U IK VMk 13 Va B2'i Vi 6 1. Vi 17', 4'- i- 20 2t', 10 39 V-V 2 'i 10 Vi 3 5 55 'i 11 3 214 1 31 i 8i Va 26 2" V4 15 1i 71 28i 31 8 H.i 5 'i 121-; 1 V.i 76 3 l2K 'l" 84- '4 1 Vi 31 Pi 10 3 67 4 6 11.

imposed prohibitive requirements on the coal industry. T.at week l'rrv. week 1 ft 30 1 035 lli-It 1 $14.10 12.00 8.25 0.85 7.45 8.25 Lambs. $11,511 10.70 10.20 8.05 7.45 7.1 0 5.05 include 24,355 Bowmaii-Billm Hotels 131,173 OF DEPARTMENT STORES STEADY Department store sales in the 1 EXPECTS HEAVY 3.75 4. (Ml 1.05 2.05 3 2.

in 1035 0.70 11.45 .75 4 5(1 4. Ml 7.45 Fyr-Fyter 52,968 Utility Industrial 50,203 JUNE. 33 34 7 S3 3 3 55.3BP 1,841 3 032 Aver. S.OO Alton 303.939 TREASURY HEADS 103 and United Stales during June, as re or Hn; prices Bowman-Billm Hotels. AIR MAIL OVER ATLANTIC ROUTE Washington, D.

July 10. ISpe- ported by 478 stores, showed no DEFEND BUYING Net Joss. change from May after adjustment $2.25 proccssiiia: 1ax roUreiel by the lederai government. This tax bcKan Nov. 6.

3 033, aod ended Jan. fi. 1030, when it was declared unconstitutional by the Supreme court. There has never been a processing lax on other live stock. for seasonal changes, but increased CHINESE SILVER Convinced that the amount of 7 per cent over sales for June, 193G, mail to be handled by the new North live Stock Movement st Chnnco.

25 Washington, D. July 10. (P) Everyday Economics Cattle. Calves. Hues.

Sheen. iKinjrston Prod 1,200 the Federal Reserve board announced yesterday. Chicago led in gains over Treasury officials said today the new 100 3,000 5,500 tKrueger Brew 900 Atlantic air route will be tremendous," Harllee Branch, second assistant postmaster general, today ex-messed belief that Ihe mail service 0 5 lis 49 85 84 85 2 do fis 'fine 8:1 83 83 ado 4K, 764 7li 76 i- 1 ISil.Gas.tC lis'4, 15 35 15 3 Scripps 5s '43. .101 101 10l 13 ShwW4P4s'fl-7A. IOI14 lot' 1044 6 SEPAL 6H2025A 97 96 97' SCalEd 3g 102 102 2 So Ind Ky 4s'51 76 76 76 4 8W Lii 102 302 J.

SW PhS 104 104 3 SStaGiE 6s'3ficv 70 70 70 3 Sid Us '57 09 694 69 3 fStarr Crp 5s'50 32 32 32 2 tSuppwlU4B'70. 10514 105 105 10 tdo 4'jg 105 100 4 Tex EL 1004 100 2 Tex 5s 104 104 104 Tw CRT 5s'52A 80 80 8(14 1 Unit 614s'74 79 70 79 2 do 6s '75 74 74 74 3 do 6 as '59 1034 1 02 102 3 UnliLi-Ry 106-. 1I7 10 Utah 4h'44 97'i 97 H7U 2 WashWal 105 105 4 WpsiTexUt 5s'57A 90 93 93 1 WUnG-E 105 105 1 tWis 4s'66A 90 964 96 3 Yadkin RiP 5s'4 1 loi 104'4 304V1, 27 York Rys 6s '37. 91 OH, 81 Lehich 400 a year ago with an increase of 13 uninese-American monetary agreement would serve the double purpose 5,773 47,089 33,402 7 903 62,587 42,341 7,1175 82,235 28,005 9,410 02,988 52,220 This daily feaiure presented in Leonard 500 tLion Oil 1,000 This was a decrease of 8.7 per cent from the preceding week's total of $1,290,126,000. An increase of 5.1 per cent was recorded compared with the $1,120,607,000 transferred by check in the corresponding week of llKlfi.

In the preceding week debits ran 21.6 per cent shove the comparable 19jfi period. Most of the principal cities in the district showed gains over last year. The figures arc compiled by the reserve banks on reports received from banks in the forty-one leading clearing house cities in the district. Bank Clearings Lower. Chicago's total was $689,209,000, compared with $665,558,000 in the 1936 period.

Debits reported by Detroit banks totaled $191,117,000, against $171,905,000 a year ago. Peoria was an exception, reporting a decline to $13,922,000 from the $17,838,000 total for the comparable 1936 period. Chicago bank clearings were also reduced in the week ended yesterday by the suspension of business on July 5, when Independence day was observed. Total clearings of member banks of the Chicago Clearing House association were $271,400,000, compared with $304,100,000 a week earlier and $313,500,000 in the corresponding period last year. per cent.

Bcceipts Kst Last week Prev. week. Year apro 2 years Shipments Kst Last week Prev. work Tear Lockheed Air 100 of furthering this country's silver program and promoting trade be response to requests for simple ca plana Hons of matters oonccrnina 1,000 ,.20.422 ,.39.700 50,474 ,.10,675 100 R.tii'O ..11.738 ..14.4 70 8.032 on this route would pay for itself in the second year of operation and Lone Star Gas 200 Lon? Isl 100 tween the two countries. Do pfd 2o possibly the first.

700 501 1.400 13,020 453 0.51 304 0,580 The silver program, embodied in tl-oudnn Pack 200 50: 1 288 4 50 281 He voiced a hope that no long time tMcCnrd Bad 100 2 years am would elapse before all irans-Atlantic the 1934 purchase act, directs the treasury to buy the white metal until McWill 200 i Receipt at Twenty Markets 25 llH'i HS'i 1184 9 tMcad John The board's index '-emaiued at 93 per cent of Ihe 1023-'25 average in June. P'or the first six mouths of the year there was an increase of 11 per cent in sales volume, compared the first half of 1936. Next to Chicago stores in gains over June, 1336, was Cleveland with an increase of 12 per cent and then Atlanta at 10 per cent. Gains for other cities were: Boston, 4 per cent; Cattle. Hops.

Sheen. 200 Ha Mesabi Iron air mail would be bandied on a poundage basis without subsidy contracts. He revealed also that the silver equals one-third of gold holdings, or until it reaches the monetary tMich Bumper 3,300 fid KM S3 83 4- Va Midvale price of $1.29 an ounce. About Molybdenum deoartment is asking congress for tMt City ppr 000,000 ounces of silver have been ac an arrangement whereby foreign air FOREIGN BONDS. Mount Prod lines entering and leaving the United quired under the act, but the treasury still is far short of the projected tNat Bellas Nat Cont tNavarro 1 Ann MisBk 7s'4fi 23 3 SChileMls-B s'3l 17 New York, 6 per cent; Philadelphia, Slates on the North Atlantic, and other air routes may be 10 CoruPvtllk 6.s'37 50 fiil 50 2 fio 50 tN tNiap Hud P.

paid for carrying mail on a poundage gold-silver ratio. Gold stocks now total about $12,300,000,000, and silver holdings stand about one-fifth of this figure. Niles-Rem-P 23 17 33 54 37 1 Hi H4. 68 33 17 23 54 Hi 1 6 7 70 tN Am Ray A 3 00 11 9i 9 100 114 lllj 1H2 300 fl4 6V4 100 2 3 3 -s 3 00 12 12 13 4 00 23 22 22 500 38 28 300 12 3 2 12 200 54 54 i 54 200 46 46 46 200 45 4 n' 3 4514 'i 10(1 8 8 8 300 SO 20 20 Vi 10(1 1 Hi 1 800 3 4Vi 13V, 3t 50 29 29 29 25 10H4 10H4 1014 H-i 300 314 3'2 3V4 25 105 105 105 3 00 67 67 437 La.t week 102.000 194,000 203,000 Prev. 222.000 240,000 251,000 Tear aao 250,000 305,000 230,000 2 vears 197,000 248,000 293,000 1937todate.

5,191,000 8,743,000 1936 5,428.000 9,128,000 7,308,000 1935 5.183,000 8,348.000 8.550,000 Combined receipts of cattle, hosrs. and sheep for the year to dale, year ago. and two years 22,081,000. Next Monday's receipls are estimated at 14,000 cattle, 13,000 hoss, and 11,000 fheep compaied with a holiday a week ago, 10.0 10 cattle, 16,481 hogs, and 11.105 sheep a year afro, and 10.591 cattle, 14,724 hogs, and 12,655 sheep two years airo. Next week's receipts are estimated at 37,000 cattle, 58,000 hogs and 40,000 sheep compared with 36,629 cattle.

63.690 hoss and 31,656 sheep a year aero, 30,413 cattle, 52,173 hoss and 38,303 sheep two years asro, and 86.581 cattle, 117,192 hosrs, and 50,618 sheep three years ago basis, lust as foreign steamship lines are compensated. Po i iier -nun 011 vu 4, 2 1t SupPw 6V03A 54 1 RuhrGa 6s'53A 27 3 i Russian 6s '3 9 1 2 8 do 5s Hi 2 do 5s ell 1 3 TnrniElec 68 3 Unit ElSve 7s'56 7 0 Reduction in treasury gold slocks Pipe. I Branch disclosed that the net sub St A Tex El pfd. fOkla Nat Gas sidy paid to the air mails for domestic service totaled $984,000 in the 704 and acquisition of additional silver, officials said, would exercise a double influence toward increasing the ratio Clearings By Pay. Clearings by days follow: Clearing.

Balances. Monday Independence Day. fDo Titd IDo cv fiscal year just ended, compared this of silver to gold. They said the Ma lured bonds. Negotiability impaired pending investigation.

XD Er-riividend. EX First salfl ine x-dividend date or dates, ww With waraMs. xw Without wai-aut8. war Warants. lOldelyme Pac Lis understanding would insure a stable currency from China and that this, with a cost of to rue department in the fiscal year 1933 when the rate paid was 8 cents per mile as Tuesday $45,000,000 $3,600,000 3,300,000 3n itself, would aid trade.

6,100,000 Wednesday 61,100,000 Thursday Friday 53,000.000 Saturday contrasted with the present cents. BANK STOCKS 5.S00.0OO 4 per cent; Richmond, 5 per cent; St. Louis, 9 per cent; Minneapolis, 6 per cent; Kansas City, 2 per cent; San Francisco, 2 per cent. Pallas sales were unchanged. CHICAGO BANK STOCKS HIGHER IN LAST WEEK Higher prices prevailed last week for Chicago bank stocks, which were influenced by a better tone in listed markets and publication of bank call figures.

Continental Illinois improved from low sales at 5128 to a high of $133.50, closing at $131 bid, $136 asked, up $6. First National, after high sales of 5332, reacted to $322 bid, $326 asked, a gain of $9. Northern Trust was about $10 better at $730 bid, $710 asked, and Harris Trust was up $5 at $425 bid, OFFICIAL WEATHER FORECAST Total lor Corresp. last jr. $313,600,000 23,700,000 CHICAGO.

I Nominal quotations. NATIONAL BANKS. Bid. Member banks of the New Yoi'k Clearing House association reported total clearing of $3,083,764,000 for the five days week ended yesterday com A sked. 280 33 3 37 136 CARQUEVILLE HIGHLAND PARK HOME IS SOLD Announcement was made yesterday that the home of Alexander R.

Carqueville, retired lithographer, at 176 East Laurel avenue, Highland Park, has been sold to Jerome Bowes of Bowes insurance firm. The indicated consideration, accord pared with $4,890,370,000 in the pre. ceding week. American Nat Bk Tr 270 American Holding Corp 80 City Nat Bk Tr Co of Chica.o..l32 Cont IH Nat BAT, $33 1-3 par. 134 Cont Iil Co Ctls of Ben Int Ho Drovers National 172 First National 323 First National Cicero.

850 50 First National lEnelewood 3 70 First National fEvanstanl 1H4 finance, btmvex, and the markets, SugtietHons from- are wsU corned. Address "Editor, Everyday Economics," The Old Manual Type Mill. The old manual type mill has been largely supplanted by the continuous strip mill developed by the American Rolling Mill company about 1922. For generations, however, steel was made by the manual process, characterized by many hand operations now performed better and more cheaply by machinery. A number of mills in the United States still are of the manual type.

In both the manual and continuous sheet mill, the ingot is first taken to the blooming mill, the initial rolling operation. The blooming mill rolls the ingot down into a short, thick slab called a bloom by passing the piece of steel back and forth through a series of heavy rollers. After the bloom has been made the ends, which contain impurities, are cropped off and the bloom goes to tha bar mill where it is rolled into a Jong thin bar approximately one inch thick, eight inches wide and 30 feet long. The next step is known as "pickling," or soaking tho bars in a bath of diluted sulphuric acid to. remove dirt and adhering scale.

The bars are then reheated in a "pair" furnace and are ready for rolling in the sheet mill. In the manual type sheet mill there are two stands of two rolls each which often are classified as the "roughing" stand and tha "finishing" stand. The hot bars are dragged by men using heavy tongs from the heating furnace and placed in the roughing rollers where they pass back and forth, guided and turned over by hand, until they have become the right size. Now, instead of being bars, they are sheets, usually about 30 inches wide and 48 inches long and very thin. The next step is the "pack" process where the sheets are placed under steam hammers and doubled together into what is known as a "pack." The "packs" then go into the finishing rolls after being heated again.

Tomorrow: The continuous sheet mill, i CHICAGO LIVE STOCK Halsted Exchange 115 fAll nriees are in dollars per 100 pounds. Lawndale National, jio' Liberty National 31 1 an Quotations are nominal. Not enough live stock suld on the open market Saturday to fill 177 326 6(1 3 80 3 42 125 26 205 54 145 370 125 3 38 3 85 1(10 143 Live Stock National. S20 par 50 $135 asked. Lake Shore Trust end Savings continued unchanged at $00 Madison-Crawford National 138 justiTy a change, practically all ol the wees end supply being direct to packers.

Hoks. Reoeinw. shipments, 700. to $08, and Merchandises National con tinued firm at $260 bid, $270 asked. The official forecast for today and tomorrow and yesterday's table of records follow I INDIANA AND MISSOURI: Generally fair and continued warm Sunday and Monday, except scattered thundershoweri in afternoon.

LOWER MICHIGAN: Generally fair Sunday and Monday, except scattered thunder-showers in afternoon; slightly warmer in north Sunday; continued warm Monday. UPPER MICHIGAN Occasional scattered thundershower3 Sunday and Monday; slightly warmer in west Sunday. WISCONSIN: Generally fair Sunday and Monday, except scattered thundershowers east in afternoon; continued warm. IOWA: Generally fair Sunday and Monday, except scattered thundershowers in extreme east in afternoon; continued warm. MINNESOTA: Generally fair Sunday and Monday, except occasional scattered thundershowers in north in afternoon; somewhat warmer alone Lake Superior Sunday.

NORTH DAKOTA: Partly cloudy Sunday and Monday: somewhat warmer in west and north Sunday; cooler in northwest Mondav. SOUTH DAKOTA: Partly cloudy and unsettled, somewhat warmer in west Sunday; Monday fair, warmer in east and south. NEBRASKA: Partly cloudy and somewhat unsettled Sunday; Monday generally lair and continued warm. KANSAS: Generally fair in west, somewhat unsettled in east Sunday and Monday, with scattered thunriersitowcrs in afternoon; somewhat warmer in east and south Sunday. OHIO: Generally fair and continued warm, except scattered afternoon thundershowers Sunday and Monday.

Good to choice. lbs. 5( 12.80 Terminal National was $1 higher jvicrcnandise National Mid-City National Mutual National National Boulevard National Builders. $50 South East National Upper Avenue National Terminal National, S30 par ..260 ..135 ..128 ..175 00 ..134 ..195 41 Good to choice, 190f.i210 12.7012.00 Good to Choice. 12.45('il2.85 at $11.50 bid, $43.50 asked, and City Good to choice.

2b'0it325 11.85fel2.45 Good to choice. 3501400 10.90f-i.ll.fiO National was up $2 at $132 to $137 Chicago Title and Trust was un 43'; Lieht pack. sows. 2706350 lbs 10.5011.10 Hvy. pack, rows.

350550 lbs 10. 15(ri 10.70 Pijs, common to best i.to'aix Cattle. Receipts, 1,000: shipments, 100. changed at $211 bid, $214 asked. CHICAGO STOCKS QUIET; PRICE STATB BANKS.

Austin State Bank, S40 par Avenue Si ate Bank. Oak Beverly State Savings Chicaso City, $50 par Drexel Slate, 40 par Drovers Trust Saving- Bank! Evanston Trust Savings Hamilton State Prime steers, 1,0001.500 lbs. $10.0017.00 Good to best, 70031,000 14.35fa 16.25 30 30 80 .130 38 .160 33 tPantepec Oil 2.300 814 8V4 84 Parkersb 300 29 28 28 Pennroad 100 3 3 Pa Salt 25 174 174 174 1 Pepperell 25 110 119 119 3 tPharis 200 84 8'4 84 tPhoenix Sec. 30(1 0 9 0 Vs fPioneer Gold 10(1 4 4 4 Pitney-Bowes 200 7 7 7 4 tPitts 600 2H4 20 23Vi Pitts It Erie 320 94 91 04 Prod Corp 400 ft rt -ft Prov Gas 3 50 9 0 V4 tRainbLura A 100 tDo 10(1 i Vi Vi- Tr tRed Bank Oil 300 16'i 16 16 tRciler-Fost 100 IVi 1 IVi Reynolds 400 lVj 1 1 Vi RioGrValG vie 300 tltoot Pet 3 00 6 6 6 Rossi 400 4 Vi "4 Rustiest 14S 10(1 13 13 13 Vi Ryan 100 5 5 5 i St Regis 1,100 8 84 8 fSamson Unit 100 0 64 64 i Seoville 3 0O 44 44 44 Setral 500 3 3 3 Seiberlinsr Rub 100 6 6 6 Selected Ind. 100 2 2 2 vSeversliy Aire 200 3 3 3 fShattuck Den 100 18 IS 18 Vi tSimmHarPt 200 4 4 4 Vi fSonotono 100 14 14 1V4 So Col Pow A 100 5 5 5 Vi t.SpencerChStrs 200 10 3 0 10Vi 100 20 20 20 tSt Oil 3 00 20 804 20'i St Pow 200 3 3 '4 34 Vi fStd Sil-Lead 100 tStein A Co 100 20 30 SO14 tSterl AluinPr 20(1 0 0 0 tStutz MotAm 100 Sullivan Mach 200 10 18 18 3 Sunday 2,300 4 4 44 SupePorlCemB 125 184 3 8 18 tSwiss-AmElpf 50 115 115 115 Tampa El 3 00 34 34 34 tTastycast 100 1 1 Hs i Taylor Dist 30 3 3 3 Technicolor 200 28 28 28 V4 tTexon Oil 100 5 5 5 Vi Tob Prod Exp 3 00 4 4 4 3o() 4 4 4'i 'i U'unif-SlLamp 300 6 6 64 tno pfd 300 lo4 io4 loi Unit 4.400 9 9 4 Vi Unit it A 3 00 6 6 6 Vi Do cv 1100 46 46 46 Vi Unit, Milk Pr.

25 2 7 27 27 1 tUS Int Sec 500 2 2 2 Foil 100 13i 13 134 Rub Reel. 100 6 6 64 V4 Unit Verde Ex 5,100 3 3 3 tUnit Wall P. 600 4 3s 3 Do pfd 50 224 22 234 CHI Pow L. 300 Vi tValsp pf vie. 3 00 65 65 65 114 tVeneiuel Pat.

COO 3 1 Hi Vi Wagner 100 19 19 19 Vi tWalker Min. 100 2 2 3- 14 Wayne Knit 10( 7 7 7 Vi tWeisb'mBBr 100 814 8 8 tWeliinstn Oil 100 9 9 9 tWeynbs Shoe 100 124 13 12 tWil-Low pf 100 3V4 3 3- Vi tWolver Tube. 3 00 1 14 34 Wrirht 10(1 6Vi 64 614 8.S5M17.00 5.50a 8.25 ia.U5ftil6.25 TRENDS MIXED 43 9.60GJJ11.00 Harris Trust Saving Stocks were irregular yesterday in Devils Lake, clear 82 84 66 Dorico City, clear 84 8H 68 Dubuque, clear S. 94 98 74 DuluUi, clear N.E. 62 70 50 Huron, rnin S.W.

86 102 68 .02 Kansas City, rain S.W. 82 92 76 Keokuk, cloudy S.E. 88 96 76 Moorhead. clear N. 84 96 70 North Platte, clear 88 92 72 Oklahoma City, S.

80 82 68 .26 Omaha, cloudv S. 00 06 74 Bapid City, cloudy N. 80 82 64 .10 Sioux City, cloudy S. 92 98 76 St. Louis, cloudy S.W.

84 94 76 pis. -St. Paul, S.W. 96 300 76 Spring-fluid. cloudy.

N.E. 72 86 70 .38 Wichita, cloudy E. 74 78 74 .01 Williston. cloudy S.E. 84 88 70 Eastern stales Albany, clear W.

88 96 70 .20 Atlanta, cloudy S. 90 06 70 Boston, cloudy S.E. 76 9( 68 cloudy 5.1V. 78 80 72 New York, cloudy 90 96 78 Oswego, cloudy S.W. 82 84 72 Philadelphia, cloudy 92 98 78 Pittsburgh, rain S.W.

70 92 72 .54 Ralcitrta. cloudy S.W. 80 98 76 Washington, cloudy 88 96 78 Gulf states Abilene, cloudy S.E. 76 86 70 .10 Amarillo. cloudy S.

82 81 6(1 Brownsville, cloudy 84 88 76 .02 El Paso, cloudy W. 90 92 70 Dallas, cloudy S.E. 76 76 70 .26 Galveston, cloudy E. 82 82 Jacksonville, clear B. 83 92 74 Miami, cloudy N.E.

82 86 74 .24 Mobile, cloudy S. 86 90 7 4 New Orleans, cloudy 82 88 76 .02 San Antonio, cloudy 78 82 7(1 .76 Shreveport. rain E. 74 86 72 .42 Tampa, cloudy N.W. 84 04 74 .02 VieUsburp.

cloudv S.W. 76 86 72 Mountain states Boise, clear W. 94 94 60 Cheyenne, cloudy N.W. 74 82 54 Denver, cloudy N.W. 86 86 58 Havre, clear N.E.

94 96 58 Helena, clear W. 88 88 58 Lander, rain W. 68 74 54 .20 Miles City, cloudy S. 88 90 68 .02 Phoenix, cloudv S.E. 88 lit 72 .03 Pueblo, cloudy E.

88 88 64 Salt Lake City, cloudy. S.E. 80 86 58 Santa F'e, cloudy S.E. Oi 78 56 Yellowstone 70 76 78 Pacific states Fresno, clear N.W. 100 102 JO Los Aupelcs, clear S.W.

ilj 74 08 Portland. cloudy. N.W. 80 82 58 San Dieffo, clear W. 68 72 6 San Francisco, cloudy.

S.W. HO 64 56 Seattle, cloudy N. 76 76 56 Spokane, cloudy S.W. 90 92 60 Walla Walla, clear 94 94 68 Yuma, clear W. 102 104 76 Canadian Battlcfpid, cloudy S.E.

88 92 00 Calgary, cloudy N.E. 72 82 58 Edmonton, clear N.W. 68 68 60 .08 Medicine Hat, clear 96 98 Minnedosa, cloudy 76 78 60 Montreal, cloudy S.W. 72 78 74 Quebec, cloudy W. 76 80 66 Oil' Appelle, cloudy 88 90 51 Ths Pas, clear 82 86 62 Toronto, cloudv 82 90 70 White River, rain E.

64 72 53 .13 "Winnipeg, cloudy 71 76 61 1.30 8.50(ii 9.50 tt.40( 8.50 5.50ftt 6.40 3.5()f'i 5.40 Sl.25ftj.14.7q 35 40 90 130 45 165 39 47 437, 98 255 115 175 110 740 3 1 0 163 iYiT 3i 52 52 85 a.aue Biiore Tr dav, S50 par Lake View Trust Main State Bank Mercantile Trust Metropolitan State Northern Trust Co Oak Park Trust Sav, SSOpar 00 245 105 165 95 730 100 Poor to best, Low grade steers Bulk ol steers Cows, choice to prime Cows, Rood to Cows, fair to good Cows, common to lair Canners and cutters Hefcrs, ycarlines, fair to Heiers. common to lair Stockers and lecders Calves, poor to best Bulls, com. to choice. Bulls, beef and butchers, fair to best Sheep. Heceiots.

5,500. light trading. Kellogg Switchboard was the most active issue, 1,300 shares changing hands. It closed 14 point higher at 11. Armour dipped Vs point, 2 ts 2 3 H.35M 0 6.35S11.00 5.50i;.10.5( and Zenith Radio lost while Chi ing to records filed with County Recorder Howard Scott at Waukegan, was $55,000.

Immediate possession was taken. The house contains 22 rooms and is on a lot 270 by 230 feet, adjoining the property of Gen. R. E. Wood.

Carqueville was represented by the law firm of Moras Williams of Waukegan, and Bowes by the law firm of Winston, Strawn Shaw, Chicago. Carqueville, who in May, 1936, was divorced by Mrs. Elsa Flach Carqueville, former German screen actress, is residing at the Union League club, of which he is a director. Air Line Given Authority to Discontinue Peoria Stop Springfield, July 10. U.P.

The Illinois Commerce Commission today authorized American Airlines, to discontinue a flag stop at Peoria on its trip between Chicago and St. Louis until runways are adequately extended to permit safe landing of planes. The commission granted a certificate to the Chicago, North Shore and Milwaukee railroad to operate motor buses instead of street cars on Washington street between Sheridan road and Lewis avenue in Waukegan. Chicago Grain Board Seat Sells for $4,500, Off $150 A membership on the Chicago Board of Trade was sold yesterday for $4,500. off $150 from the last previous sales.

Place of observation. State of weather. July 10. p. m.

Chicago daylight time. 5.5043) 7 00 6.fi510.25 cago corporation, Central and South West Utilities, General Household r. joan bavins 148 Pioneer Tr i Sav Bank. $50 Pullman Trust Savinps im ears Community State, $25 par 31 8ouih Chit-ago Wavincs 48 Co of Evanston, S60 par 48 University State 75 NEW YORK. Utilities and Middle West were un changed.

Of 53 issues traded, 23 ad Native lamhf. fair to best $11.2513.00 Kative lanibp. common to fair. O.fiOfji. lf.Sq Native buck lambs, fair to best 10.25fai.O0 vanced, 18 declined and 18 remained unchanged.

Turnover was 13,000 .46 .16 shares. Native lamb, culls K.OiiW U.uO West, ranso iambs, cd. to cii'ce il.754il2.00 West, ranee lambs, fair to snort 11.25411.75 Feeding lambs, best grade 9.50 Ewes. li'ht. pood to 4.

((O'S 4.50 Chicago Garment Firm 3.004s 3.50 .08 Bid. Asked. Bk of Man 32 34 Ekrs Tr 6 74 69 Bkhv-n Tr.H7 122 BAT. 125 128 Chase Nat. fi2 fil Cu 4 62 64 Comm 100 106 Ct T.

16 17 CrnF.xB&T. 63 64 Kmp Tr 30 31 East-central states Alneua, cloudy Cairu. cloudy Chicago, cloudy Cincinnati, Cleveland, Detroit, cloudy Escanaba, clear Evansville, Fort Wayne, Grand Kapids, Green Bay. cloudy Indianapolis, Madison, cloudy Maruiiette. cloudy Memphis, cloudy Milwaukee, Nashville, clear Peoria, rain 3 Bid.

AsVed. 1st Nat Eo 51 5a 1st Nat 2190 2230 Guar Tr .328 333 Irvif Tr 35 3 6 Mfrs Tr 54 fi6 io Nat City. 46 48 1.18 Public 43 41U Title GJtT. 134 13 Sellt Lincoln, Plant Prize Photos by Tribune Readers Kwes, lifrtat, fair to good Ewes, culls to fair Kwes. heavy, 150 Si 2 50 lbs Yearlings, wolherg Bucks 2 .00 3.00 S.OOtfa 3.50 S.OOifO fi.OO 2.00 2.75 Lincoln, 111., July 10.

Special. 72 82 81 81 78 82 Iti Hi HO 88 82 84 88 08 84 8 2 00 84 76 88 02 84 00 82 90 92 90 8U 90 88 90 80 9 3 92 114 94 92 92 88 90 9(1 92 90 90 96 96 8ft 96 8S 9 96 .01 .01 Announcement of the sale of the Lincoln branch of Mitchell Brothers company, Chicago, garment factory, to 66 74 74 76 68 74 58 74 7 6 72 74 62 74 74 68 72 71 tH 74 w. Sault Ste. Marie. cloudy.S E.

the Lincoln Garment company, a newly organized concern of Lincoln busi BOARD OF TRADE STOCKS. Four very young; sons lowt tf caught at thBr sleepiest by the matter camera and presented as ant af tha interesting features TODAY'S INCOMPARABLE PICTURE SECTISN CnmpHmtivfl Prices. HOGS Bulk of sales yesterday One month ago 10.7511.40 One year aeo 8.05fU10.60 Ton yesterday, average, $11.60. CATTLE Bulk of sales One month ago 10.0013.00 One year ago 7.f0' 8.75 Top ycterday, 516.75: average. fi4.in.

LAMBS Built of sales yester U.25ff l2.00 One month auo 12 0013.00 pnp rzo 10 10.80 yesterday, average, $11.60. ngs men, was made today. The fac Trey. 8 ales. High.

Low. Cloe. tlo-ie. Ca-oQ Oil com 50 tory has been operated by Mitchell Springfield. 111., cloudy.

S.W. LaCrosse, clear S.W. West central slates-Bismarck, cloudy Charles City, clear Concordia, cloudy iaveMnort. clmidr S.W. Pes Moines, cloudy Gellman Mf com.

250 DOMESTIC BONDS. Salp, Net thou HiEh. Low. t'lnc. "Brothers for the last ten years.

It 3 3 3 3 7 7 7 6 0 6 .01 Interst Eq com 50 Sloys ISO persons. Tew 97, Joliet Ht Cor pld.100.