The Indianapolis Star from Indianapolis, Indiana • Page 19

'HE IXDIAXAFOLIS STAK, III JULY fn Far 4i 'R. Tr vi 44 1''i in I 4 Tr Si '40. li ys fil fis NEW YORK BOND PRICES 2 6 3 10j i' fn Pac 5 Cmt Fis ct Am hs '(2 -i VI 1 lve sroa 8 V7 t.pi P-in "3 wr r-vo rie Jn 8. 4o 0 j-in 'M I fin S'll 81 -46. P.iO do 7S 'ffi.

P.oi ir do il fis '6-i 9 9 fmt Prog Si S3. f2 Mnr 1 fis 4 1 9i 634 4S 97 vn'i "i 109 4 92 '69 1" 4 84', 80 93 "iau 82 Si) '90 $14.014 000 12.517,000 12. 80S, 000 7,622,000 1,501,430,000 1,581.722,000 1,440,280,000 Total sales Previous day Week ago Year ago Jan. 1 to date Same year ago Same two years ago I im Las '47 t'" Fx 7s '3? a-ar. 1 i J-tn A 5 h.i 1 'n F.H 7s '30 6 l'ip.

Ijrn K3 6'-i i.9 f'' PR sen fs '68. 2 Vt' F- r-n i 3s 'fit 10 102 Pf'n PR 4 i. 'M. 2 P-nn P.K rnn w-, r-rn p.p. tn 9 MS V'T-n RR 41 '31 3 Vn ri of chi si.

4 ir2 A I' Rv Mi '71 3 nil HO 100 104 90 41 1 1 10 KS 1 91 4 "0 5 oa 6 H'l 1 3 97 fi 67 ID 100 4 d.1, 3 P.orce '62 fan Pvjin 8, -2 Sso Paolo Si '50 Sio Pmilo 8 83 Sao Paulo 7s Ph no l.s 'M Sante Fe Arg 7s '42. Sax Pub Wks 7s '45. Six Pub Wks 64s '51 Seine 7s '42 Srhs, Cm, Slov 81 'fi2 Srbs. Oris, Flov 7s '62 F.l '52 102 102 6 90 98 90 Sfi ft 86 96 80 109 103 99 80 97 NEW YORK, July 24 Prices 2 1 2 1 2 2 8 11 3 ft 80 99 80 99 87 97 roion'Ma '2, -'fil fii '28-'Rl Coiom 7i '4fi 0iim fi'-s '47. CAir.p Ant '39 C'mr Ar Para 7 Cipnhn 61 '62 Copenhag 44s 'S3 Corrlooa City 7.1 '67.

fundinamarca fi4s Oamih Mun 8a Penmark fis '42 Penmark fts '56 Penmark 4 4a '62 Deutsche Bk 6s '12 Puke Price Pw fis '66 Indies 6 '47 Est Rv et sf 7s Flat 7s '46 Finland sfg 7s '50. Finland '45 Finland ft 4a '58 Fram I pev 74s '42. P're Mam rfe 6s 11 1'1H4 PliiS Cn Si 'fi7 17 07S. 07' 94 2 1 95 6 8-i 13 881, 1 IM 1 106 5 104 2 loO 1 83 4 9fi 2 97 6 12 107 4 89 14 76 1 86 13 106 2 77 4 2 76 9 Pt 10 102 2 102 3 108 6 103 2 96 23 96 15 88 10 74 97' 101' hirhs were reached by Lautaro Nitrate 6s, which for the first time reached 100, and Wickwire Spencer Steel convertible 7s. The Inrtnr closed at 52 i for a net gam of n.

In the rails the Alleghany Corporation issues reached a new high at 1111, and then sold off, closin? with losses of a point for the 5s of 1914 and a fraction for the 5s of 1919. Atchison convertible 41s slipped off 3 to 147. Seaboard Air Line convertible 6s sold at a new low at 6H and then bounded up to 70 for a gam of 32. The United States government obligations pointed downward after an advance in the mormng n- Little interest was displayed in the foreign list. Time monev 1V35 firmer, 8 piT cent being quot-1 for ail maturities.

Call money rerfwed at 7 and advanced to 9. Money is reported tight, due parts- to faint of mnnv foreign lenders to renew loans here. Little prospects of easier rates are held out for the balance of the year. New bond financing was comparatively light. A few municipal loans were arranged with public offering slated for this week or early next week.

The industrials fluctuated over a wide range. Philadelphia and Reading Coal and Iron 6s shot up to 104, a new peak, but dropped to 101 and closed at 10U for a net fractional gain. American I. G. Chemical 54s after getting up to 127 slumped to 122 for a loss on the day of 1.

American International converted an early li point gain into a loss of S'em A Hal 6s 51 75 io5 '99'i 105' '99' 102 103 102 103 Fn'i F.fsd 8c 1 6s. .151 104 Pn ljppmf Rv 4i.r. 5 .13 Philips Pft 8 RS f-c-Arrriw 7 W) 5s 3.M03S Ft Ar Cn Pk fi A 2 ir2 Fnrt El Pow 10 994 Rv Lt 7 "is A 1 in Pino Rlc Am Tob 94 rwlal -C As 'S3. 1 B.1U followed an erratic course in today' bond market ai money turned aud-denly firm. Early gains in the convertible list were reduced to fractions or converted Into losses before the closing.

American Telephone convertible 45s were an outstanding exception, running up to a new high at 1751 and closing at 2741 for a net gain of 4i points. 101 4 94 4 98 107 '4 84 100 14 18 12 1 1 6 1 16 200 85 85 3 10:, 3 imu im 3 96 94'- 77 77, 23 OS 4 98 4 2 107 107 V. 11 i 6 4 4 86 84 16 100 100 2 4 1 99 4 12 62 SI 4 62 'i ftO 20 63 .62 88 88 ioi'i ioi '92H '92 '96H '964 95 96 108 'J 103 96 9fi 85 trance 748 41 97 96 85 franca 7s 49 French Nat SS 7s '49 49 'ii vjii a .1 1 El irftv Bak os '4S. 13 FMdinK sen 1 Rem Arms sf As A 2 Cer CAB 7s '60 4 113 109 4 102 96 864 82 4 106 113 109 4 102 4 96 86 824 106 52 7 Sales for the third time this month 1 80 vi Mi 4 52 Silesia (Prv of 7s Slleslan Asm 6s '47 Soiss'ins fis '36 Sweden fis '39 Sweden 5" '64 Swiss Con 8s '40 Swiss '46 Toho El Pow 7s '55. Toho El Pow fis '32 Toklo City 5s 'fil.

Toklo City 5s '52 Toklo El Lt 6s '53. Tvrol HEP 7s '52. L'JIgawa El Pnw 8 Burbach 7s '51. L'SW '51 A ex-w I'SW 6'js '51 ex-w Unterelbe PAL 6a '53 I'pper Aust "57.. Uruguay 8a '46 Uruguay hi "60 Venetian Bk Vienna Cltv 6s '52 Warsaw Cltv 7s '58.

Westnh F. Pw 6a '53 Yokohama 6s '61 got up above the $14,000,000 mark, compared to $12,517,000 yesterday. 103 102 103 4 94 99 89 86 102 114 110 1024 97 86 83 106 99 91 90 97 98 83' 90 82 96 94i; 92 94 100 931: 98 12 ft2'4 514 624 4 99 9V4 994 Pm Ra ft Hi '47 war 19 9'i P'P Ir A Bt 3 102 Flo 1st 4s 2 S7'J Rln Or cl tr 4a '49 10 S2 I Ark La 4 25 St I MS ifn fts. 99 F'LIMAS 4s RAG dlv 9 93 95 95 92 92 Det Edls col 5s '33. 1100...

UNITED STATES GOVERNMENT BONDS. 86 86 88 'S8rl 99 100 Det Unit Kys 4 '4 s. 1 97 Dodge Bros deb 6s '40 60 100 100 100 94 98 'I 92 99 86 84 94 98' 92 99 i 8ft 4 84 4 781, 36 100 ISSUF8. 2 91 1 91H 1 97 2 10.3 3 86 5 85 2 86 5 80 1 107 7 97 7 92 4 86 1 78 1 81 8 91 Oer CAB 6s '38 April Oer CAB 6s '60 Oct. Oer Fxt Loan 7s "49..

Oer Gen FI 7s '45 Ger 64s ex-war. Ger Gen El 6s '48. Good Hope 7a '45 Grat Rs '64 Greece 6s '6S Hung Munlc 7s '46. Ileeder Steel fis "48 Irish Free 8t Ss '60 It Cr Cons 7s '47 B. Pal Pub I'tll 7s '52.

Italv 7s '51 Japan 8s '54 Jab 8ter loan 4s '31 Doia jacoo rug (Dollars and Thirty-Seconds.) (Sales is 1,000) Ooen. Hlch. Low. Close. 98 82 894 82 98 89 82 St 8 In Ss 4 100 St A g' 41-is '7S 8 St A 8 In 4a A 14 84 St BW con 's 1 95 98 uuiurn i os a 97 9Z 96 91 90 97 96 97 90 B8 S3 11 3 5 94 10 101 1 98 1 101 2 99 4 45 35 88 5 100 1 105 4 84 1 8.1 93 122 12 97 24 96 9 96 St MAM con 6s.

2 101 St Paul ln Pp fts. 1 102VI 93 94 92 93 Duquesne Lt 4 'is A' 67 4 East Cuba Sug 1 Erie rf A Imp 5s '67 14 Erie 1st cn pr In 4s. 2 Erie gen Hen 4s 27 3 904 1 90 i 3 86 1 89 4 3 99 4 81 5 105 1 ll 76 an An run svr. os Sean A con 6s. 78 75 64 70 68 70 1 70 1 Liberty 3m 14 97.1 86.29 99.29 Liberty 1st 30 9.3 98.24 98.28 Liberty 4th 4 '4s ..279 99.3 98.24 98.28 Liberty 4th reg 2 99 Treasury4lis 107.25 107.7 107.25 Treasury 4s 34 103.26 103.8 103.8 Treasury 3s 46-54 1 100.20 Treas 3s 1 97 Treas 3M 1 97 8 Kiiii jO 8 Rut) Slel 6s I'mvenal PAR tah Lt A Trac fts fun.

Pow Lt Si I'Ul Pow A Lt Va F.y Virginian Ry 61 Wabash RR lit fts. Wabash P.R 2d 6: Wabash 4 '78 Walworth Co 6Hi war Warner Qulnlan 61 '39 Warn Sug rf? 7i '39. Warn Suk 7s '41 West F.lec fts West Md ft'- A '77. Weit Maryland 4s West Pac 1st fti Wst Pnn Pw Ss '46 A West I'nlon fls West Vn 4'is Weit Shore lit 4s. Wheel Stl ftHs '48 A.

Wheel Stl 4 Us '63 R. Ea 5'ii wr Wlck-Spenc Stl rf? 7s Wk-SpS 1st 7s '3ft ctf Wlck-Spenc Stl cvt 7i Wk-8 8 cvt 7 '3ft ctf Wilson A Co 1st i Winch Arm ctf 7m. Wis Cen pen 4s Yngstown 8AT fts '78. FOREIGN Antloqula 7s '4ft A Antloquii, 7s '4ft B. Antloqula 7s '4ft c.

Antloqula 7s '45 Antloqula 2d "1 '67. Antwerp City fts '68. Ar fis '67 A Arg 6s 'ft8 Arn fis sfK 69 June. Art. sfg fis '69 Oct.

Arg sf 6s 'SO May Arg fis 'fin Sept Arg 6a '60 Oct Arg 'fil Feb Arg fis '61 May Arg Ss '62 Arg fts '45 Australia fts '66 Australia fts 'S7 Australia 4-t '56 Batavian Pet 4 4s '42 Belgium 7Us '45 Belgium 7s '55 Belg Stab Ln 7s '56. Belgium Hs '49 Belgium fis 'ftft Berlin El fi'-is '51. Bolivia 7s '68 Bolivia 7s 'fi9 Bnrdaux fis '34 Brazil Ss '41 Brazil 6'4s '2fi-'ftT Brazil 8 Us '27-'5T Brazil F. 7s Bremen 7s '3ft British ft'is '29 British ftlis '37 Budapest 6s '27-'62 Rtienoa Aires 6s '55 Buenos Aires fis '61. Csldas '46 Canada fts '31 Canada 5s '52 Canada 4 14 '36 Canada 88 fis '41 Cauca Val 7i '46 Chile IIVl '61.

Chile 64s Chile 6s Chile 7s '42 Chile 6a '60 9'U 99 92 98 94 99 P2 98 86 100 100 '83 '83 ii7 iio 96 96 95 96 95 9.V 72 7.1 101 101 Erie ft jer 1st st bs. Fed Lt A Trac 5s Fed LAT stpd '42 Fed Metals cvt 7s. KrettgerAT 5s '59 mar 72 1ft 994 99 20 99 99 3 99 Lombard El 7a 52 wr 1 Seab A Rold 4s Sab A gold 4s stp. 1 Seab A ad) Ss 34 Spab A rfg 4s Sea All Fla Ry fis A 23 Shar 8t Hd ftis '48 3 fS24 60 Vi Flsk Kub 8s Florida Cst 5 '74. 4ftt4 4 ft2 S2 69 ton '92 94 '94 99 99 99 994 99 994 99 91 O0 99 100 99 CORPORATION BONDS.

SB 3D 12 102 (111 4 95 5 95 94 95 1 100 32in5'4 105 105 9 66 65 66 2 107 30 98 97 98 14 102 101 102 2 107 106 107 36 91 91 91 1 94 5 109 109 109 15 104 Gen Asph 6s '39 Gen Cable 5s '47. Gen Mot Acpt 6s '37. 98 Aust Prov 7s '50 Lyons 6s '34 Marseilles 6s '34 Mx 04 gld 4s asit '54 Mx '10 aid 4s asat am Milan City 64a '62. Montevideo 7s '82 New 8 Walea 5s '57. New 8 Wales 5s '58 99 4 99 -99'4 99 4 94 94'i NEW YORK DRY GOODS.

NEW YORK, July 24. iJH Cottos goods prices were steady today. Scattered advances made late yesterday were not fully maintained. Several sheeting constructions: In limited supply were In demand. Fina goods were quiet.

Closing of several Calcutta mills due to strike resulted In Inquiry for burlaps. Women's fall overcoating were In demand with some prices up. raw silks were firm here In Janan eaaier, with light trading In silk fabrics. 20 99 18 99 8 100 5 99 2 94 1 92 55 94 8 94 13 87 Abrhm Straus 54' '43 12 112), 112tt 112 Vi Ajax Rub gold 3 80 Alleghny Corp 6s 240 11114 109 110 Allgiiny Corp 5s "49.. 351 11114 110 11014 Am Agr Chem 11 106 105 106 Lou ft unified 4s.

Manatl Sug 7s 42.. MrCorm Ed Rk 6s 34 Mlrtv Stl cvt 1st 5s A 51. MERyAL 1st 5s 61 A St con 6s 34. M8PASSM 1st con pr 111 A. A adj 5s A.

A 1st A fHi Mo cvt '49 A. Mo Pac rfg 5s 65 A. Mo Pacific 5s '77 F. Mo Pac 5s '78 Mo Pac gen 4s. Mont Po rfg 5s A 43 Mont Po 5s Morris A Co 1st Murray Body Nash Chat A St 41 Nas El con 4s stp.

Nat Dairy 5s Nat Rad 6s gen 41 5s '55 New Orl Term A Mex A 5s OTA 5s deb 6s. NYCAHR rfAImp NYCAHR 4s NYCAHR deb 4s '34. NYCAHR con NYCLS col tr Chic A St 6s. NYCAStL 5s MVr.a.cT. KILm K.

Goodrich BP Shell Pipe Line Ss '52 31 93 Shell Un fts '47 11 9.V4 Sierra ft 8 Pow Ss 2 98 Slleslan Am col 4 96 Sine Oil col 7s 25 101 Sine Con Oil 68.... 8 Sine Con Oil 6a '30 3 99 Rlno Cr Oil 5Hs 17 96 Sine Ploe Lines 6 93 H'J 4 P4 100 100 17 16 88 1004 92 92 101 90 101 102 1024 99 ioi'i lOtH 99ft 99 84 99 87 51 97 50 97 60 87 Goodyr TAR 5s '57. Goth Silk Hos 6s Gr Tk Ry Can 7s Gr Tk Ry Can 6s Gt North Ry 7s A Gtortn 1st rfg 4's, 86 Nord Ry sf 6 4s 50 Am unain si an os. 4 va Am Cotton Oil 5s 14 94 94 A 944 Am Cyan 6s '42 245 127 123 124 Nor Ger Llovd 6s '47 20 91 8 91 92 92 100 90 4 ioi 101 924 92 1004 90 ioi 101 96 96 50 50 97 97 89 90 22 110 109 109 LIVE STOCK HECEIPTS. Hoes.

Cattlf. Calvn. Shp. Twterdsr A.immj I.j.iO EO 6 113 781 44 1,166 Year ago 6.4M 1.383 548 Sit EXTREME RANGE IN HOO TRICES. Good Choice Good Cbolca Good Choice July Heavies.

Mediums. Lights. n.K 111.25", H.S5 ll.SSfi" 12.25 12 25'a 12.35 18.. 11.25(8 11.95 11.95W12. 25 12.25$ 12.33 11.

25512.05 12.05fll2.35 12.35'd 12.50 20.. ll.25ftll.95 11.65 12.25 12.25S12.40 22.. 11.25 11.90 11. 90. 1 12.20 12.20fl 12.40 23.

11.00 11.75 11.75a 12.05 12.05S 12.20 24.. 11.25 a 11.85 11.85 tf 12.15 12.25 HOGS IN WEST. CMcaco Kansas City "0 Omaha .000 St. Louis 12. 000 St.

Joseph Sioux City 5'JOO Bt. Paul 6,500 Although general market conditions yesterday were decidedly favorable to higher valuta, local market tor hogi only made feeble response to that aituatlon. dealera reporting a slight upturn of 5 cents to 10 cents a hundredweight with aales over an extreme range of $11.25 to 12. 25. Moat of the.

trading was done at 111.85 to J12.25, Involving stock weighing 160 to 280 pounds. The top price was 112.25, paid lor several bunches of choice lightweights. Prices of underweights and pigs were steady but demand for sows and roughs narrowed and there wai a slightly lower price tendency. Trading for hogs was done on this price schedule; 160 to 200 lbs, S12.25 200 to 220 lbs, 220 to 260 lbs, $11.85 to 260 to 300 lbs, $11.50 1 to over 300 lbs, $11.25 to $11.50. Buyers generally followed the price scale closely and there was an early clearance.

The close was firm at opening prices. Pigs weighing 130 to 160 pounds were sold at $11.75 to 100 to 130 $11.25 to under 100 pounds, $10.50 to $11.25. A few light packing sows were sold at $10.25 and $10.50. but most sales were made at $10 and under, roughs being listed at $9.50 to $10 a hundredweight. Fat Steers 1.2S.

Good eattla met a normal demand and prices were held unchanged at rttent levels. On the other hand, demand for the between classes of steers and cows lacked breadth and urgency and prices were steady to slightly lower In spots. Of special Interest was the sale of a car load of fat steers at $16.25 a hundredweight. Bteers showing medium to fair finish were sold in considerable volume at $13.50 to $15.25 a hundredweight, while plain, light killers on the grassy order brougHt $11.50 to $13, Indicating slightly lower price trend. Good beef cows were In normal request and sales were made as high as $11 a hundredweight, with general run of common to fair stock bringing $8 to $10.50 a hundredweight and canners and cutters $6 to $7.50 a hundredweight.

Fat, rather weighty heifers were sold in goodly volume at $13.50 to $15 and the cheaper kinds were quoted at $10 to $13. showing very little or no change in prices compared with earlier this week. Prices of veals and calves were firmly maintained in a broad, active trade. Lamb prices too were unchanged. Better grades of ewe and wether lambs were snld at $14 to buck Iambs $13 to $13.50 and culls and throwouts $9.50 to $12.50 a hundredweight; mutton sheep, $4.50 to heavy bucks $5 down.

QUOTATIONS. HOGS. Good, 160 to 200 lbs $12.25 Good, 200 to 220 lbs 12.15 Good, 220 to 260 lbs 11.8512.15 Good, 260 to 300 lbs 11. 50f 11.85 flood. 300 lbs UDward 11.25 11.50 24 llft'i.

lis 3 93 Ami GChem 514s 340 127 122 122 Am Internatl 113'i 110 11014 10 9114 95 96 96 Vi 9i 96 a Bav A deb A ct 37 29 30 Skellv Oil 5.s So Bell TAT fts Sou Pac 4 Us 29 'I 29 lS 94 86 91 lift 107S 106 105 91 '85 1 im 16 92 2 101 Am jnacn at ray 1 ia Am Nat Gas 614s '42 8 100H 100 100 dtb ct. 27 Gulf Sta Stl 5s 1 Hav Elec 5'is 2 Sou Pan 4 Us '69 war. 339 97 94 94 Am Smelting 5s 10 11014 100 10014 6 97 1 100 30 30 98 67 92 72 78 Sou Pac rfg 4s 'SS. 3 saH Sou Pac col tr 4s. 61 87 32 107 107 8 106 106 13 10ft 14 105 1 100 8 91 91 1 864 15 85 85 2 99 1 106 8 91 91 11 91 91 91 91 Hockg 1st rn 2 Hudson Coal 5s A '62 11 HudAMan rfe 5s 14 72 7814 711 78 fiourn ny (ten i us 8T 87 85 86 106 106 103 103 '95 '96 NAVAL STORES.

SAVANNAH. Julv 24. (jf, Tur- roitlne Firm, 47c; sales. 872: receipts, 060; shipments, 67; stock, 23.989. Rosin Firm; sales.

receipts, 3.483; shipments, 742; eto-k. 85.805. Quote; B. 87.30; F. G.

H. 1. J7.45: K. J.7 J7.55: J7.70; WO, S7.90; WW, 18.35; X. 8.40.

12 100s', 100 100 Am sugar Ret 22 lOS'i luo iuo Am TeF Tel 54b. 9 101 101 14 101 4 Am TAT col 5s '46 10 101 10114 101 Am TAT sf 5s '60. 175 170 175 Am TAT cvt 414s 329 175 170 17414 Am WWAE1 6s 610314... Am Writing Pap 6s '47 1 81 Anacon Cop 7s 2 17414 98 HudAMan art) Inc as. Hum OllRef Hum 5s '37.

5 112 19 86 13 102 '4 1 101 2 99 I luuoi 7 M0 South Ry (ten South Rv gen Bell Tel Ss. Standard Mill S'is Stand Mill fts St Oil deb fts. 98 '99 914 914 99 10 102 102 102 99 99 1 107 24 101 101 105' 101 i05 11 101 3 99 1 100 3 100 1 102 Anacon op os 4 89 91 84 95 98 91 104 99 96 100 92 99 86 85 144 964 85 77 98 97 97 St Oil '51. 26 9ft' Stevens Hotel 4 9ft Norway 6a '52 6 Norway 6a '44 3 Norway 68 '43 10 Norway 54s '65 16 Norway 5s '63 3 Norweg 5V.S '57 8 Orlen Pev Ltd 8s '63 7 Orlen Dv Ltd 54s '58 Oalo City '46 5 Panama 54a '53 2 Panama fts A '63 1 Parla-L-M 7s '58 12 Parls-L-M 6s '68 20 Par-Orl RR 54s 3 Paullita Rv 7s '42. 2 Pernambuco 7a '47 I Pen 7s '69 ft Peru 1st fis 'fiO 4 Peru 2d 6s '81 12 Pirelli.

Italy. 7s 1 Poland 8a '50 15 Poland 7a '47 17 Poland 6s '40 16 Porto Aleg 74s '68 1 Queensland 7s '41 24 Queensland fis '47 12 Rhinelbe 7a '46 war. 1 Rhlnelhe 7s '46 ex-wr 10 Rhlne'Main 7s 'SO 3 Rhine Westph 7s '50. 1 95 14 95 V. 88 8814 Ang unn nitrate Arm A Co Del Arm A Cn r'est 2 95 5 88 1 89lJ Illinois Bell Tel 5s.

Illinois Cent 6s Illinois Cent 6 Illinois Cent 4 111 Steel deb 4 'A a Ind Limestone 6s '41. Inland St 4'4s A Interb Transit 7s. Interb Trans Bs. Interb Tr rfe 5s. Tenn A Ch 8s '44 8 103 3 77 1 100 90 6 97 2 86 21 90 8 91 14 51 ft St deb 4s Dock Co 5s '38.

Dock Co 4s Edison rfg 6s. Edison 5s '44. NYGELHAP col ATftSF cvt 4V4S '48. .231 152 147 147 AT4SP gen 4s 6 91 90 91 Tenn KI Pw rf A 10 104 A Pt rfg 4s 6 86 Texark Ft 8m BUS A 2 100 100 101 94 94 7i 95 95 103 103 86 86 '96 '96 -99 '99 166 ioi 92 9ft 7 92 4 9.5 DQ 1 on 1 88 100 84' 84 '96 85 854 84 96 85 80 91 50 61 61 92 9S 100 101 91 51 61 61 adj 4s 1 8674 AC Line 1st Eld 1 91 cof tr 4.. 1 88 61 Interb rfg 5s sta 24 91 135 91 135 100 5 101 1 101 1 97 1 97 1 99 lex ft ra os 7 u.

a Third Ave rfe 1 2'4 Trans Cnt Oil 6 Vis '38 4 99U Trumbull Stl 101 KLP RUs 12 101 DULUTH FLAXSEED. PULUTH. July 24. Close! Flax on track, 2 .79 fi 2.84 to arrive, 82. 79 84 July, September.

October, November, $2.76: December, $2.74. LINSEED OIL PRICES. Local dealers are quoting the following rices for linseed oil: Raw, 95c; boiled, 7c. NYOEbHSr NYNHAH cvt Ss '48. wvMUi.tr ti 6s '40 103 103 11 104 Atl Refln deb 5s 2 101 101 101.

BaltAO rfe 6s 50 109 108 li 109 6 106, 17 101 1 91 42 91 15 87 1 75 'i 11 301', 5 104 5 105 5 9S 3 82 1 81 2 111 7 102 1 101 5 91 9 135 1 104 1 87 1 78 4 71 15 7 14 31 9 105 4 110 1 97 1 96 10 101 1 72 2 90 10 71 27 100 1 99 2 101 21 110 8 86 NYNHHlst Ar4 s' 67 101 102 10014 101 Baitau 1st os 12 iu4 BaltAO rfs 5s 9 101 I FLAP rf Ss 1 I'n Oil Cal Ss 1 98 int uement ss '4. Int Gt Nor atij 6s Int Gt Nor 1st Bs. Int Match 5s '47. Int Paper rfg 6s A. Int Paper cvt 5s A.

Int Rvs Cent Am 5s. 1 90 1 103 20 95 7 89 1 85 10 79 109 102 '96 101 107 102 'J 95 100 BftltAO 5s 2000 21 100 109 1024 105 96 101 10m 12 99 1 96 4 92 1 ino 10 91 98 '9i 'i 99 9i i 7 94 94 89 89 79 '79 164 164 ft 100 lOOH 9714 97 li 90 9014 BaltAO cvt ias 8 91 14 98Vi 96 l'n Pao 1st 1 10ft '4 fn Pac 414s '67 96 Un Pac 1st 4s 92 'i 01J BaltAO gold 4s 3 90 4.11 IBS int. tat cvtiiis iio iio BA04S FLEAAWV dv. 10 90 BaltAO 4s TAC 13 8114 8114 8114 Int deb 4s '52 10 92 KG FtSAMem 4s. 3 92 9 102 'A 103 103 97 Bang A A roo os 5 81 Bell TPa IstArf 5s 13 103 Bell TPalst 5s 2 104 Beth Steel con 6s A.

29 104 Beth Steel con 3102 10 97 97 1 87 KC Pow A Lt 5s. KC Southern rfg 5s. Term 1st 4s. Kansas Gas A El 6s. Keith BF 6s A 104 102 104 1 102 4 2 90 71 1001 71 100 6 92 9114 92 Kendall 5'As '48Awar Boston A Maine 5s '67 1 94 1 mi den 4S no.

NYNHAH deb 4s '57. Ry Inc 6s '65. State Rys 4s. Tel 6s Tel deb 6s '49. Tel gen 4a.

Trap Rk 6s '46. NLAOP 5s '55 Norf ft South 5s Norf ft West con 4s. Nor Am Cem 6a '40 Nor Am Ed 5s '63. Nor Am Ed 5s '57. Ohio ft 6s A.

Nor Pac 6s Nor Pac pr lien 4s. Nor Pac Ken 3s Nor Sts Pow 5s A. Ore Sh Line gtd Ore Sh Line rfg 4s. Ore-Wa A 4s. Otis Steel 61 Pac Cst 1st 5s Pac Gas A Elec 5.

Pac PAL 1st rfg rfg 5s Kings Co El 4s atpd. 10 80 Bkln Edt cen 6s 25 91 99 99 Bklyn Man Trans 6s, Bkln Un El 1st But RoAP con 414s. Lac Gas of St 5s 2 10Z'i Lac Gas St 1st 5s 4 99 99 99 A gld 4s '31 9 98 Lorillard Co 5a '37. 15 88 88 88 1 24 8714 100 301 109 110 'fi3 '64 99 99 1 94 1 94 Busn Term con 6S. Bush Term Bide 5s.

1 11)1) By Prod Coke 54s '45 3 64 7 99 1 102 3 99 21 85 1 102 Lorlllard Co as Lou Gas A Elec 5s. 1 100 Louis A Nash 7a 3 101 101 Lautaro Nit 6s '54. ..148 100 99 99 '99 85 85 Cal Pet 514 '38 12 98 98 98 301 100 can nat, tiy 4'as io z.i vt'x ti "7 Can Nor 7s 2 108 Leh Pa con 48 20U3 1 'i T.wott A Mvers 10 100 'A 99 Can Nor deb 8 113 113 113 100 101 106 106 T.npw's Tnc fi's WW '41 6 106 1 71 19 101 1 99 1102 Loew's 6s ex-war 2 94 Long Isl deb 5s 4 93 93 93 uan aeo 48.... na Caro CAOhlo 6s 35 107 106 108 Cent of Ga 6s 5 MSi Central Pac 5s 4 100 Cent RR of NJ 5s. 4 10714 Central Kteel Si 1122 Pigs.

130 to 160 lbs Il.75f l2.10 Certalnteed 5 Us 5 73 72 14 rVa Pn.n Kb i.1 .60 99 98 Ches Corp 5s H7 60 99 7214 98 Ches A cen ..90 96 99V, Ches A cvt 4Vjs '30 11 9914 98 CKu A rafAUnA'na 6 9.1 Pigs, under 130 11.2511.75 Extreme top 12.25 Bulk of sates 11.858,12.2r Sows, light v10.0n10.50 Roughs, Wvy 9.75f 10.00 CATTLE. Slaughter Classes: Steers fl.000 lbs uoward) A rig 5s A. 6 102 102 102 Chic BAQ 4s 4 94 A gen 4s 3 89 Chic 111 Ss 6 77 77 77 li oa Chic Gt Western 4s Chi I A 1st 5s '66 3 96 gen 4s A CMStPAPac 5s '75 1 82 60 89 89 89 OK TOl." fl7 78 Vl 77 Good to choice Common to good 13.50 14.50 Cows Medium to choice 8.5011.00 Common to medium 7.50W 8.50 Low cutters and 6.50 7.50 light 14.0015.50 Plain to good 9.00013.00 CMStPAP 101 Chic A 7s 2 101 101 ChANW41As 2037 stn. 4 93 MUNICIPAL BONDS PUBLIC UTILITY BONDS RAILROAD BONDS INDUSTRIAL BONDS INVESTMENT STOCKS Chic A NW gen 9 85 Chicago Railway 23 85 85 85 Bulls (vearllnes excluded) 89 Ch RIAP 4s '52. 93 $24,000,000 Continental Shares, Inc Cumulative Convertible Preferred Stock far value $100 per ihare.

CumuZarii dividends at the rate of $6 per share per annum payahle quarterly March June 15, September If and December 15. Redeemable at the option of the Company as a whole or in part fry lot on thirty days' notice on any dividend date at $105 per jKare plus accrued dividends. Entitled in toluntary liquidation to $105 per share plus accrued divicienaj, orid in involuntary liom'darion to $100 per share plus accrued dividends, in preference to Common Stock and Founaerj SKarei. Each share of this preferred stock is convertible at par into Common Stock of the Company at $80 per ghare up to and including August 1,1930, at $100 per share thereafter up to and including February 1, 1932, and at $125 per share thereafter up to and including August 1, 1933, on which date the conversion privilege expires. The Amended Certificate of Incorporation includes provisions safeguarding this conversion privilege.

The Company has agreed to pay luch franchise taxes in Ohio as will, in the opinion of counsel, under tha present Ohio statutes, exempt the holder from listing this stock for taxation as personal property in Ohio Dividends on this stock are exempt from the present normal Federal Income Tax. TRANSFER AGENTS REGISTRARS Bankers Trust Company, New York Guaranty Trust Company, New YorVt The Cleveland Trust Company, Cleveland The Guardian Trust Company, Cleveland The following inormario-n is from a letter to us from Wr. W. R. Bunnell, President of the Comhany: BUSINESS The Company, incorporated under the laws of Maryland in March, 1926, with unrestricted fiscal and investing powers, has devoted its funds chiefly to the purchase of securities with a view to their enhancement in value.

For the most part securities, the bulk of which are listed utility and steel stocks, are held in large blocks, and in all cases investments have been made only after thorough investigation. The Company maintains its own statistical and research department, which enjoys the advice and assistance of the following shareholders who serve as its officers or upon its Board of Directors or Advisory Committee: OFFICERS AND DIRECTORS 1 r- rig 48. Ohl Un Sta 6 'As Good to choice 9.0010.00 Common to good 7.50 9.00 Calves fmllk fed excluded 1112 Chi Tin Sta 5s 1944.. 1 101 Culls and good and 11.00915.50 8.1 V. Ch A Ind 5s '62 2 103 Ch A West Ind 18 84 Chill Cop 5s '47 19 94 83 94 VI Veals-Good to choice 16.0O0K17.O0 94 '4 87 87 Clnn Gas A El 4s '68 a 8(' 95 Colo A So rfg 4.

8 Col GAG 5s '52 May 5 Cnl Rv PAL 2 92 Medium 13.00015.00 Steers (800 lbs up) Good to choice 13.50914.75 Common to medium 12.5013.50 Steers (800 lbs down) Good to choice 12.5(101 14.00 Common to medium 11.00012.50 Commerl Credit 4 97 Commerl Inv Tr 8s. 4 91 Com I Inv Tr lUl '49 9 100 99 100 Pnn r.nai of MH 2 6714 SHEEP. Ijimhs'- Good to choice J14.00W 14.50 Culls and common 10.00 12.50 Sheep-Good to choice 4.50fi 6.50 Medium to good 5.00W 6.00 Bucks 4.00 5.00 STONE WEBSTER AND BLODGET INCORPORATED Fletcher Savings and Trust Indianapclii Telephone Lincoln 7818 NEW YORK BOSTON CHICAGO PHILADELPHIA Con Gas NY 6s '45 12 105 104 105 7 97 96 90 Crown Will 6s '51. 7 100 100 lnnvi Cuba Cane Sug db 8s 11 68 66 68 Cub Sug cvt db 78 2 66 Cuba RR ctt 6s 9 91 91 91 Cuba RR 5s 1 87 Cub-Am Sug col 8... 2 ino 100 lnn Cub Dom Sug 19 63 62 62 Del A Hud 7s 1 101 Del A Hud 5s 3 102 102 102 Del A Hud rfg 4s.

1 92 A 1st rfg 5s. 1 98 Den A Rio Gr con 4s 8 89 89 89 A Wes gn 5s. 34 97 9u oj A RO West rfg 22 89 88 Vl 89 LIVE STOCK BY WIRE. -cmrARO. Julv 24.

(United States Department of Agriculture) Hogs CONTINUED ON PAGE 20. DAVID S. INGALLS. This advertisement appears as a matter of record Only a portion of this offering represents new financing by the Company S. EATON, Chairman of Board.

Partner, Otis Co. Chairman of Board, The United Light and Power Director, Inland Steel Company. Republic Iron Steel Company. W. R.

BURWELL, President. Director, The Cleveland-Cliffs Iron Company. Wheeling Steel Corporation. F. H.

HOBSON, Vice-President Vice-President, The Cleveland Trust Company. Director, Central Alloy Steel Corporation. G. WATSON, Secretary and Treasurer. Vice-President, International Share Coloration.

Director, Commonwealth Securities, Incorporated. RICHARD INGLIS. Partner, Otis 4k Co. Director, The Guardian Trust Company, Cleveland R. V.

MITCHELL R. V. Mitchell Co. Director, The Union Trust Company, Cleveland. PHILIP WICK Wick Co.

Director, First National Bank, Youngstowm. 75,000 Shares ULEN COMPANY COMMON STOCK (No Par Value) THS NATIONAL CITY BANS 1 n. TtMtr vnBtr I THE CHASE NATIONAL BANK OF THE CITY OR NEW YORK NEW ENGLAND TRUST COMPANY. BOSTON Retfitrarl Transfer Afenti THE nan i. wan 1 ITONI A WEBSTER SERVICE CORPORATION, BOSTON The following informal wn has been supplied by Mr.

Henry C. Ulen, Cliairman of the Board of Directors of the Company, in connection with this offering: assets reflecting completion of this financing, is estimated at about $28 a share on the 255,329 shares of Common Stock to be outstanding in the liands of the public. During the past fifteen years the business of the Company and its predecessors has never failed to show a profit in any year. Gross Revenues of the Company for the calendar year ending December 31, 1928 (adjusted to include discount accrual on bonds owned amounting to lolJGO), as certified by Messrs. Haskins Sells, amounted to $2,657,857.

The balance available for Common dividends was $824,084, or $3.65 per share on 225,329 shares of Common Stock then outstanding. A large current volume of profitable business is being handled and the earnings, as reported by the Company, for the first six months of 1929 amounted to $439,790 or $1.95 per share on this stock. The business of the organization is conducted under the supervision of its founder, Henry C. Ulen, by men of many years' experience in this specialized work. Since 1914 the Stone Webster organization has owned a substantial interest in this business.

Ulen Company was incorporated in February, 1922, under the laws of the State of Delaware for the purpose of continuing under the same management the business, that has been successfully conducted by the Ulen Contracting Corporation and its predecessor, the Ulen. Contracting Company, founded in 1900 by Henry C. Ulen. The Company's business consists of planning and constructing public works in the United States and foreign countries. The Company is not a contracting concern in the ordinary sense but derives its profits from fees, in cash andor bonds, received for planning, financing and directing construction work, thereby eliminating the risks which are ordinarily assumed by a contracting concern in bidding for work on the usual fixed sum or unit price basis.

As a direct result of construction work on certain public utilities, the Company, through Ulen Management Company, a wholly owned subsidiary, now, manages and operates some of these properties. The aggregate of the present fair market values of securities held plus the unrealized net profits from cost-plus construction and operating contracts now on the Company's books and other net ADVISORY COMMITTEE P. H. BLACKBURN. G.

M. HUBBARD. Chairman of Investment Committees, General Electric Vice-President, J. O. 'Vt'hite fit Inc Employees' Funds.

SCHOELLKOPF JR. Kopper. Company. F' vSSeSllkopf, Hutton 6c Pomeroy, It. H.

W. FENTON. S. D. WARRINER President, Hard Trust and Savings Bank, Chicago.

President, Lehigh Coal St Navigation Company. Annual statements, prepared by certified public accountants, are issued, but information as to securities held is not published. As of July 15, 1929, of the assets taken at cost, public utility stocks constituted 46.907 of the total, steel stocks 25.89 and syndicate participations 8,50, the balance of 18.71 being composed ot bank and miscellaneous stocks and other assets. CAPITALIZATION The capitalization of the Company upon the issuance of approximately 381,749 shares of Common Stock, including shares recently offered to stockholders, and upon the completion of this financing will be follows: Authorized Outstanding Convertible Preferred Stock, (6 Cumulative) Tar Value $100 per share (This issue) 240,000 Shs. 240,000 Shs.

Preferred Stock, Par Value $100 per share 260,000 Shs. Preferred (6 Cumulative) 30,000 Shs. Preferred Series (6 Cumulative) 128,229 Shs. Common Stock and Scrip 4,000,000 Shs. 2,040,000 Shs.

Founders Shares 10,000 Shs. 10,000 Shs. Approximate figure. EARNINGS AND EQUITY Net income for twelve months ending June 30, 1929, was equivalent to 11.14 on the average paid-in capital and paid-in surplus during the period. Such net income, after all charges including Federal Taxes, as reported by Messrs.

Ernst Ernst, plus estimated income at the rate of 6 on the approximately $44,000,000 of new capital to be provided by current financing, totaled $6,274,366.90, or 2.62 times the maximum annual dividend requirements on all of the Company's preferred stock to be outstanding, including this issue. These figures do not reflect the full use of the Company's present capital inasmuch as substantial additions to capital were made at various times during the twelve months' period. The Company had, in addition, on July 15, 1929, unrealized profits of over $40,000,000, based upon indicated market values of investments, equivalent to over $100 per share on the total amount of preferred stock to be presently outstanding. The $39,822,900 of preferred stock to be outstanding is followed by approximately shares of Common Stock with a present market value of over $150,000,000. Cash dividends of $1.00 per share per annum rate being currently paid on the Common Stock.

We offer this Stock when, as and if issued and accepted by us, with legal procedure subject to approval of counsel, Messrs. Squire, Sanders Dempsey.of Cleveland for the Company, and Messrs. Ginn, of Cleveland for the Banker. Delivery is expected to be made on or about August 8, 1929, in the form of temporary or permanent certificates. Price: $99 per share plus accrued dividends, to yield over 6 Otis Co.

The N. W. Harris Company J. Q. White Co.

Incorporated Dominick Dominick The Dominion Securities Corporation R. V. Mitchell Co. Statistics and statement! given above art not guaranteed by us but are obtained from sources welxnsider to he retiablt The foregoing is subject to the more complete statements contained in the offering circular. fVt offer thtsi shorts of Common Stock when, as and if issued and received by us and subject to formal action by stockholders and to approval of counsel.

Legal matters relating to the issuance of the additional shares are being passed upon by Messrs. Rushmore, Bisbet Stern for the Bankers and Messrs. White Case for the Company. Jt is txpectti that delivery of temporary stock certificates will be made on or about August 6, 1929 in New York City. Price $29.50 per share Stone Vebster and Blodget Incorporated.