Indianapolis Times, Volume 41, Number 232, Indianapolis, Marion County, 6 February 1930 — Page 16
PAGE 16
PROFIT-TAKING FORCES STOCK PRICES LOWER Traders Take Advantage of Early Bulge to Unload.
Average Stock Prices
Average ol thirtv industrial* for Weaitesda* res 272 0# ;iy Z.T.t. fi-.'rage ot T verity rl! Has 15120. up .90 Average of * twent- utGuW ins 94,70. up 1 28. A-eragp Os forty bonds :, 02 82 up .in. Bu I nil< and f’l t * NEW YORK. Feb. 6.—Heavy profit-taking swept over the Stock Exchange today and prices dropped from 1 to more than 2 points. Simultaneously cotton futures dropped $2 a bale and wheat broke to new low ground for the season. The turn in the stock market occurred after a firm opening. A considerable volume of buying orders was executed on the upside for traders who expected a reduction in the New York rediscount rate after the close today following action of the Bank of England in reducing its discount rate from 5 to 4% per cent. This early bulge in prices furnished an excellent opportunity for those who had them to take their profits. Attacks on Gillette, International Telephoneand Simmons gave impetus to the reaction. Around noon the whole list was lower with one or two exceptions. Fox Film a was notably strong in the face of selling elsewhere. The stock was holding around 37. up 1% from the previous close. National Dairy Products also gained while Hudson held around the previous close, being bolstered up by reports of a large increase in business. Otherwise the list declined. Johns Manville broke 5 points and declines of 1 to 2 points were scored by Consolidated Gas, Atchison. Alleghany Corporation. General Electric. General Motors, Standard Gas and American and Foreign Power. Call money renewed at 4’- per cent and shortly after noon dropped to 4 per cent. Tickers weere running late again, at noon being about thirteen min- j utes behind actual quotations. Sales! to noon totaled 1.735.000. against 1.855.200 in the same period Wednesday. In the Stock Market <Bv Thomson & McKinnoni NEW YORK. Feb. 6.—The lowering of the English bank rate: naturally carries with it the idea of similar action by our own reserve ! bank, thus helping to complete a business picture, the improvement i of which has been gradually unfolding since the first of the year. Assurance of a plentiful supply of money at reasonable low rates should act as a business stimulant and the enlarging operations which have become so noticeable In many of our major industries should begin j to spread and gain further momentum, we understand the dead-! lock in the copper industry has i been, or is about to be. terminated, with domestic fabricators finally coming into the market in a big way. This merely adds to the known improvement in the steel and motor industries. The position of the stock market, both fundamental and technical, continues strong. There are still many desirable issues in which yields are quite generous and which are attractive from the investments viewpoint. We believe the trend is toward materially higher prices, modified only by occasional corrective reactions.
On Commission Row
FRUITS Apples—Delirious, box extra fancy. $3.75; choice, $2©2.25: Jonathans. *2.75: Grimes Golden. $2.50: New York Duchess. $2.25.<. 2.50; Gravenstein. "3; Wolf River. $2.50; Staymen box. $3 *£3.25. Cranberries —$4 a 25-ib. box: $8.25 a 80-lb. box. Grapefruit—Florida. $4 25© 4.75. Grapes—California, reedless. *3.50 a state: Emperor. $2.50*?2.75 a. crate Lemons- -California, a crate. *6 59 Limes—Jamacia, $2.50.63. Oranges—California Valencia. $4.50© 5.50. Strawberries 50c a quart Tangerines—s3.so a crate. VEGETABLES Beans—Florida $3 4.75 a hamper. Beets—Texas. $3.50 a crate. Cabbages—s3.so a barrel. Celery—Michigan. 90c; Idaho. $1.25 a lozen bunches. Cauliflower—Colorado, cratv. $2.50. Cucumbers—Florida. $6 a crate. Eggplane—s2.so a dozen. $6 a hamper. Kale—Spring, a bushel. 90c. Lettuce—California Iceberg. $6 a crate: home-grown leaf a bushel. $1.65. Mustard—A bushel. sl. Onions—lndtanpa yellow. $1.75 a 190-lb. bag; white. 50-SB. bag $1.75. Parsley—Southern, doz bunches. *l. Peas—California. $5 50 a hamper. Peppers—Florida. *7 a crate. Potatoes—Wisconsin and Minnesota White. $4.25© 4.50 c 160-lb. bag: Red River Ohio*. 120 lbs.. $3.90: Idaho Russets. *4 Radishes -Button, hothouse, dozen. $1.25; southern, long white. 75c dozen Officers Elected At a meeting of the board of directors of General Motors Acceptance Corporation today, the following additional vice-presidents were elected: Charles P. Fiske. in charge of domestic borrowing and financial sales operations: R. G. Hutchison, in charge of overseas branch operations. and J. H. McMahon in charge of credits. Bonds Are Issued Bn United Pn ss TOKIO. Feb. 6.—The imperial Japanese government today is issuing internal bonds yielding 5.68 per cent redeemable after fifty-five years in connection with its earthquake reconstruction program financing.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS Sew York Slock Exchange Chicago Stock Exchange w York Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501
New York Stocks " (By Thomson A McKinnon)
Feb. *— Prev. Railroad*— High. Low. 12:00. Close ‘Atchison 239 237 237 239% At! Coast Line •••, }*#,. Balt Ac Ohio . . .118% 118% 118% 118% i Canadian Pac . .201% 201% 201 H 200 ! Chesa Corp ... 73 72% <3 72% Chesa At Ohio Chi A: N West *5 • Chi Grt West 15 CRIAtP •• 119% Del & Hudson lW'i Del Ac Lacka ...142 140% 141% 140% Erie 61 60% 60% 60% E.ie Ist pfd 62V* 62 a 62% 62 Or- Nor * ®< % Gulf Mob At Oil 42, .% 111 Central 129% 129' 129% 129% , Le ..*h Valiev J* Kan City South <®% • ; Lou At Nash ••• 123 133 Mo Pac , ••• MKAt T 54% 54% 54’, 54 a Mo Pac pfd ••• 156 2 N Y Central ...184’, 183% 184 183% NYCA- St L , 139 NY NH A- H. . .115 114 1 at 114% 115 < Nor Pacific . . 87% Sr a Norfolk At West 244 243% 244 ... O A- W 14’, Pennsylvania .. 81!i 80% 80’, aBo’ Reading 137 136% 137 ISO’s Seabd Air L pfd .. ... 24 23 Southern Ry ■•. 134 134% Southern Pac ... ... ... 122% Br Paul 254* 25% 25% 25' 2 St Paul pfd ... 44’, ; 44 1 2 44% 44% S- L A- S F 113 112 3 4 112 u 113 union Pacific .224’, 224 224 224’4 Wes' Maryland. 28% 27’. 27’, 27’, Wabash .. ... 59 59 West Pac ... ... 25% Rubbers — Ajax 2 I’-* 2 2 Fisic ... 3-4 Goodrich ....... 48 3 e 47’, 48’, 46’, Goodyear 75’, 75 75 74% Kelly-Spgfld ... 4’, 5 United StatPS .. 25’, 25 25% 26 Kquipments— Am Car At Fd’. . 82 81’, 82 80% Am Locomotive. ’2 98’-, 99% 100 Am Steel PM ... 48’, 48% Am Air Brake Sh .. ... ... 49 % Man Elec Sup ... 31% 31', Gen El <New).. 784, 77% 77', 78 Gen Ry Signal.. 96 95 95 96 Gen Am Tank .108’, 107’j 108% 106 N Y Air Brake . 45 44% 45 44% Pressed Stl Car 14', 13% 14 13’, Pullman 85’, 84’:• 85' 1 841 c Westlngh Air B . . *5% 68 Westingh Elec .167’, 165 165 166 Steels— Am Ro! Mills .. 91’, 91 >2 91", 91=, Bethlehem 102 V; 101’, 102'1 102 Colorado Fuel 50’, 49’, Crucible ... ... 90’, Inland Steel 83 Otis 35';- ... Rep Iron At Stl. .. ... 75’, Ludlum 43 * 43 43% 43% Newton 57V, 56'2 56 % 36% L S Steel 185’, 184% 185', 184'.; Alloy 32 V, 31 •% 32 V, 32 V, Warren Fdy ... ... 25'; Vanadium Corp .66 65!, 65’, 65'; j Motor,— Am Bo.sch Mag . . ... ... 144'., Briggs 17*s 17 17 17!; Brockway Mot.. .. .. . 14’, Chrysler Corp.. 41% 40% 40’, 41V, Eaton Axle .... 36!, 36 36 .36 Graham Paige .... ... 11 10 ui j Borg Warner.... 41 1 2 41’, 41% 41 Gabriel Snubbrs 7'., 7 7 7% | General Motors 44’, 44', 44’, 441, j Elec Stor Bat ... ... 74 Hudson 60’, 60', 60V, 60’, j Hupp 23’, 23 23 23', I Auburn 230 229’, 229’, 230 Mack Trucks . . 83 82’, I Marmon 24'; 24', 24'. 24 j Reo 13 12 12’, 12 Gardner T. 4V, 4 Moor Wheel 30', 29’, 30', ... Nash 54% 54 54 s , 55 Packard 17% 16=1 16’, 17 Peerless 13% 12’, 12% 13% Studebakcr Corp . . 42', 47 Stew Warner .. 42’ 42% 42% 42!, Timken Bear .. 77V- 76'; 76% 76*, Wlllvs-Overland 10’, 10 s , 10% 10’, Yellow Coach 19’, 18% 18% 18% White Motor 35% 35’., 35= s 36% Mining— Am Smelt A- Rfg 78% 77% 77% 78 Am Metals 50’, 49", 50% 50 j Am Zinc 16’, 16’, 16’, 16’, Anaecnda Cop.. 80 79 79% 78% Calumet At Ariz .. ... 86 86 Calumet At Hecla .. 31% 31 Cerro de Pasco 63’, 63% 6.3’, 62% | Andes ... 36% 35 | Granby Corp 59% . 58% 59% 58’, I Gt Nor Ore .. ... 23’% 23% Inspiration Cop.. 30-’, 30% 30% 30 Howe Sound .... 41% 41 % 41% 40% Ini Nickel 40'; 40', 40’, 39’, Kcnneeott Cop.. 62 60 s , 61% 60% Magma C0p.... 50% 49% 50% 49-% Maimi Copper .. 33% 32% 33 32 Net- Cons 31% 30-% 31% 30% Texas Gui Sul.. 62% 62% 62% 62’, St Joe ... 56% 56% U S Smelt - 34% 34% 34% 34% oils— Atlantic Rfg.... 39% 39 .39% 39', Br.rnsdall (A. .. 23% 23% 23% 23% Freeport-Texas.. .. ... ... 41% Houston Oil .... 70% 68% 69% 90% Indp Oil At Gas.. 22 22 2? 22 Conti Oil 22% 22% 22% 22% Mid-Cont Petrol 26 25% 26 25% Pan-Am Pet (B! .... .. *. 53% Phillips Petrol.. 33% 33’V 33% 34 Union of Cal 44 43% 43’ 1 43’, Prairie Pipe ... ... 59% Pure Oil 23’* 23'; 23% 22-* Royal Dutch .... 52% 52% 52’, 52% Richfield 25 Shell 23% 22% 22% 22% Simms Petrol... 27 27 27 27 Sinclair Oil 25% 24% 24% 25’, Skelly Oil 31% Std Oil Cal 60% 60 60 60% Std Oil N J 64% 64 64% 64 Std Oil N Y 33 33 33 33 Tidewater 12% 12% 12% 12% Texas Corp .... 53’, 53’, 53% 54 Texas C At O. ... 9% 9% 9% ?’* Transcontl 9 8% 9 9 White Eagle 27% 27% 27% 29-:, Industrials— Adv Rumely 19 18% 19 19_ Allis Chalmers .. 62% 61 61% 61% Allied Chemical 278'; 278% 278% 279’, A M Byers 84’ , 84 84 84 Armour A ... ... 6% Amer Can 134 133 133 132% Alleghany Corp.. 31% 30’, 30% 31% 1 Am Safety Raz.. .. 62 : 8 Amer Ice 36% 36% 36% 3, Am Woolen .... 11 11 11 10% Assd Dry Goods. 34% 34 34 33% Bon Alum ...... 56 55% 55% 55% Coca Cola 145 145 145 143% Conti Can 58’, 58% 58% 57% Certainteed .... 15’, 15% 15% 15'2 Crosley ... 15% Congoleum 18 17% li% 18 Curtiss W 7% 7 7% 7% Davidson Clicm.. 35% 34 35% 35% Dupont 130% 130’, 130’., 129% Famous Players 65% 64% 65 66 Gen Asphalt .... 55 54% 55 53% ] Fox A 36% 35 V; 36% 35% j Gold Dust 46% 46% 46% 46% j Glldden 35% Int Harvester... 90% 90’. 90% 90% 1 Kelvinator 11% 11% 11% 11% I Lambert 103’, 102% 103 103% Link Belt _ ... 41 Loews 64% 63:* 64 64 ! May Stores 59% 59 59’, 75% j Kolster 33 33 Montgom Ward.. 47% 46% 46’, 46% Natl C R 81% 81% 81% 81 Radio Keith 30’, 30% 30% 31 Owens Bottle .. 58’* 58’* 58% 57 Radio Corp 39% 38% 38% 39 ! R-al Silk 55% 54’., 55% 53”, \ Rem Rand 35 s , 35% 35% 35% Sears Roebuck.. 98-\ 97% 97% 98% j Union Carbide.. 91% 90% 90’, 91 Warner 8r05.... 58% 57% 57’, 57% Un Air Craft.... 48% 47% 47% 47’, Univ Pipe 4% 4 4 4% U SCs Ir Pipe 28% 38 28 28 U S Indus Alco 124% 123 123% 122% Worthington Pu 87 86 86 86% Woolworth Cos.. 68 s , 68% 68’, 67’,' Utilities — Am Tel At Te1..132% 231 231 231% Am Pr At Lt.. 93% 93% 93% 92% Eng Pub Serv.. 48% 47’, 47% 47% Am For Power.. 93’* 93% 93% 981, Am Wat Wk5.,102% 101% 101% 100% Gen Pub Serv.. 40% 39% 40% 39% Col G & E 90% 89’, 90 91 Consol Gas 114% 113% 113’, 114% Elec Pow At Lt.. 62’, 61% 61’, 62 Int T A T 67% 66 66% 67% Nor Amer C0....104% 104% 104% 104% Pac Light 85 84% 85 84 Pub Serv N J.. 91 s , 90 91 91% So Cal Edison., 61% 61 61% 66% Std Gas &El 122’, 121 121 121% United Corp 39% 38 38% 39 Utilities Power .. 35’, 35% 35% 35% United G A Imp 38’, SB’s 38% 38% West Union Tel 216’; 2135% 215',; 214 Shipping— Am Inti Corp.. 43% 43 43 43 Am Ship A Com 2% 2% 2% 2% AU Gulf A W 1.. 78% 77% 77% 78% Inti Mer M pfd 26% 26% 26% 26% United Fruit 101 100’, 100’, 100'; ; Food*— Am Sug Rfg.... 66% 66% 66% 66% j Cudahy ... ... 46% 1 California Pkg 70% 70% 70% 69’, j Canada Dry 70’, 70% 70% 71 Corn Products.. 99% 98% 98% 98’, Cont Bak (At 47% 47 47 47 | Borden 67 66 % 66% 66’, i Cuban Am Sugar B’, 8% 8% B’, * Grand Union .. ... 16% 1 Grand Union pfd 39% 39% 39% 39% 1 Jewel Tea 52'; I Kraft Cheese ... 44% j Kroger 45% 45’, 45 s , 45% Loose-Wiles 62% 62% 62%. 62 s , I Natl Biscuit 210% 210% 210% 211 I Natl Dairv 49 48% 49 48% Purity Bak 83% 82% 82% 83% Loft 4% 4% 4% 4% Stand Brands.. 29 28 28’, 28 s , Ward Baking 8.. .. ... ... 6% Tobacco, — Am Sumatra. 24% 22% 24% 22’, Am Tob B 226% 225 226’, 226
1 Con Cigars .... 54% 54% 54% 54 Geenral Cigar.. 56’* 56% 56% 56% ! Llg A Myers 108 107% 107’; 107 : !x>rillard 23% 22% 23% 23 R J Reynolds 54% 54% 54% 54% Tob Prod B .. 5 S 5 4% United Cigar St.. B’, 6% 6’, 7 Schulte Ret Strs 9% 9% 9% 9% CHAMBER ARMY MOBILIZED FOR ' FUND CAMPAIGN First Squad Is Named for Drive to Open Next Wednesday. “Shoulder arms!” This command was given today to the first squad of men in the sales army of the “Forward Indianapolis’’ campaign to obtain $170,000 annually for three years for the Chamber of Commerce. The drive begins Wednesday. The first squad to be called to the colors under “General” Harold B. West, commandant of the sales army, is composed of. Ted C. Brown, captain, Charles N. Wiegand, Charles R. Yoke, G. K. Jeffries, R. B. Whitehill, C. W. Joline, Joseph Jones, F. L. Ackermann, R. R. Katterhenry, H. E. Imlah, A. J. Callaway and C. J. LaMee, privates. Karl C. Wolf is “colonel” of the squad’s division. * The $170,000 quota is an increase of $70,000 a year in the organization’s funds. The use to which the money will be put was explained today in a statement by Felix M. McWhirter, general chairman of the “forward” movement : “The budget for the industrial committee of the chamber in 1927 was $71,000. With that $17,000 twenty-one industries were brought to the city. These industries employed 2.300 persons and increased the evity’s pay roll $4,000,000. They showed a capital investment of approximately $2,000,000. “The chamber has proved its effectiveness over a period of three years, but the aggressiveness of its program has been limited by inadequate support,” he concluded. DEMAND STOP SIGN Lives of 400 Children Are Periled, Board Told. Lives of 400 children are being jeopardized by removal of a traffic signal from Thirty-third and Me- 1 ridian street, near school No. 60, i the board of safety and Lieuten- ! ant Frank S. Owens of the police j accident prevention bureau were told '< today. Protest against removal of the sign was made by letter from the ; Parent-Teacher Association of the school and signed by Mrs. Eugene Carpenter, president. It is said that: 400 pupils cross the street four times i daily at the intersection, and requested the board of safety to take j action in the matter. Other members of the committee submitting the letter were Mrs. ; John Messick, 2525 Washington boulevard. and Mrs. A. W. Bushman, 3310 Park avenue. WIFE SUFFERS SHOCK AS MATE FALLS DEAD Timothy E. Callahan, Undertaker Here 32 Years. Succumbs. When Timothy E. Callahan, 78, undertaker here for thirty-two years, dropped dead at his home, 3710 East Washington street, today, his invalid wife, hysterical, jerked a telephone extension receiver off the hook at her bedside and screamed to the operator to send ; physicians. Neighbors heard the cries. Finding the house locked, one neighbor woman climbed on to the porch roof and through an upstairs window into the house. The widow, Mrs. Mary Callahan, . is unable to leave her bed. Her hus- j band was stricken by heart disease j while in the bedroom and fell to i the floor. Two daughters, Mrs. Fred Well- | man of Chicago, and Mrs. James ; Conerty of Indianapolis, and a son, I Edward Callahan of New York, also survive him. Building Permits George B. Paxton, garage. 2014 Highland street. $245. Sam Ganett. garage. 2376 Hillside, $245. W. R. Smith, repairing. 2714 North Oxford, S4OO. C. D. Hitchie, filling station, Pratt and Capitol. $2,500. Jacob Zin. reroofing, 6101 East Washington. S3OO. G. H. Cooley, garage. 250 Koehne. S3OO. Pure Oil Company, service station. 1951 ' Madison. $1,200. , CONWAY TEARLE SUED Actor’s Former Wife Seeks Back Alimony Payments. By United Press SAN FRANCISCO, Feb. 6.—Con- I way Tearle, noted actor, has been! sued again. tfSis time by Josephine ■ Park Tearle. wife No. 1, who de- ' mands $9,932.50 back alimony. Since the couple was divorced in 1912 she has sued Tearle several times, getting judgments, but seldom collecting any money. Road Bill Is Passed Bu United Press WASHINGTON. Feb. 6.—'The l House bill, appropriating $31,400,000 additional federal aid funds for construction of roads throughout the country, was passed without discussion by the senate today. It now goes to the President for signature. Report Bratton Bill Favorably Bu United Pr> s* WASHINGTON, Feb. 6.—'The ! Bratton resolution, resolving to call upon the commerce department for full information concerning all aircraft accidents since May 20, 1926, was ordered favorably reported to the senate today by the commerce committee.
THE INDIANAPOLIS TIMES
HOGS DISPLAY STRONG TONE AT CITY PENS Steer Market Nominal With She Stock Showing More Activity. Jan. Bulk. Top. Receipt.". 30. $10.254110.60 $10.60 6 000 31. 10.40® 10.70 10.70 7 000 Feb. 1. 10.30*110.50 10.50 3.500 3 10.50*110.85 10.85 4.000 4. 10.80611.00 11.00 6.500 5. 10.65*/10 85 10.85 5.000 6. 10.601?; 10.85 11.0 Q 4.000 Hogs regained part of their recent I losses today at the Union Stock- ! yards, prices ranging 15 cents higher lat $10.60 to $10.85. Top price paid was $ll.OO. Receipts were 4,000: holdovers, 437. Cattle receipts were 600. the steer ; market nominal. She stock were slightly more active than recently. Calf receipts were 450, veals sold at ! sls down. ! _ Sheep and lamb receipts totaled j 500. market steady. Lambs were : selling generally at $11.50 to sl2. Chicago hog reecipts were 40,000. | including 10.000 directs. Holdovers | were 7,000. Market fairly active to shippers, strong to 10 cents higher ; than Wednesday’s average. NumerI ous loads of choice 180 to 210-pound | weights sold at $10.50 to $10.60. A few 240 to 250-pounders brought $10.25 to $10.40; 270 to 280-pound weights were $10.20. Cattle receipts were 4,000, sheep 14,000. —Hogs— ’ Receipts. 4.000: market, higher. rS',* 300 lbs ' up $10.25*;10.75 ??°j 3oo lbs - 10.75 610.85 225 - 250 lbs 10.85© 11.00 ;00-225 lbs 10 65011 on Light wts., 160-200 lbs 1(L85 ' Light Its.. 130-160 lbs 10 15*/10 65 Light, wts.. 160-200 lbs. oils© 990 Packing sows B.oo® 9.00 -CattleReceipts. 600: market, steady. Beef steers. 1.100-1,500 lbs. good and choice $11.75(615.00 Common and medium 9.00®11 75 Beef steers. 1,100 lbs. down. good and choice 12.00*; 15.00 Common and medium 9.50 @12.00 Heifers. 350 lbs. down, good and „ choice 11.00 @13.75 Common and medium 7.00 @ll.OO Cows B.oo® 9.50 Common and medium 6.50® 8.00 Lower cutter and cutters .... 4.50® 6.50 Stocker and feeder steers, good and choice [email protected] Common and medium 7.00@ 9.00 —Veals— Receipts, 450: market, steady. Medium and choice $11.00*L15.00 Cull and common 6.50@>11.00 —Sheep— Receipts. 500: market, steady. Lambs, good and choice $12.00® 12.50 Common and medium 9.50*712.00 Ewes, medium to choice 4.50® 6.50 Cull and common 2.00® 4.50 Other Livestock Bit Times Socciat CHICAGO. Feb. 6.—Hogs-—Receipts. 40,000; including 10,000 direct; market opened strong to 10c higher: later trade. 10© 20c higher, active at advance: top. $10.70: bulk, 160-250-lb. weights. $10.35© 10.65; 250-320-lb. weights. $10.15@>10.40; butchers, medium to choice. 250-350 lbs., $9.85 ?; 10.50; 200-250 lbs.. $10.25© 10.70: 160-200 lbs.. $10.25© 10.70; 130-160 lbs.. $9.40© 10.60; packing sows. $8.25© 9.25; pigs, medium to choice. 90-130 lbs.. $8.50© 10.25. Cattle— Receipts, 4,000: calves. 2.500; very uneven steer trade, better grades, strong to a shade higher, others spotty', mostly steady to strong; lower priced she stock predominating and dull: choice heavy steers. $15.25; slaughter classes. $15.50: good and choice. 1300-1500 lbs.. $12.50615.50: 11001300 lbs.. $12.7561-6; 950-1100 lbs., $12.75©.' 16; common and medium, 850 lbs. up. $8.50 ©12.75; fed yearlings, good and choice. 750-950 lbs., $12.25® 16; heifers, good and choice, 850 lbs. down. $11.50© 14.25; common and medium. $7.75© 11.50; cows, good and choice, $7.506 9.75: common and medium. $6*77.75: low cutter and cutters. $5 ©6; bulls, good and choice beef, $8.75©! 9.50; cutter to medium. [email protected]; vealers, milk fed. good and choice, sll©}ls; medium. slo© 11; cull and common. $7610: stockers and feeder steers, good and choice, all weights, $10*; 11.25; common and medium. $8.25*; 10.25. Sheep—Receipts. 14.000: market, slow-, opening around 25c lower on light lambs: heavies not moving: bulk light lambs. [email protected]: early top. $12.50: fat ewes and feeding lambs, nominal; lambs, good and choice. 92 lbs. down. $11.50© 12.75: medium. $10.75© 11.50: cull and common. $9.50*110.75: ewes, medium to choice. 150 lbs. down, $5.25@6,75: cull and common, $2.50© 5.50. Bn United Press PITTSBURGH. Feb. 6.—Hogs—Receipts, 1.200: market, steady to shade lower; 150210 lbs., mostly $11.25© 11.30; 220-250 lbs., heavier hogs. $10.50ff;10.85: 220-250 lbs.. sll© 11.15; heavier hogs. $10.50 © 10.85: 100-130 lbs.. $10.50® 10.75; sows, *8.50*09. Cattle —Receipts. 25: market, unchanged. Calves—Receipts. 100: market slow, steady; better grade vealers. sls© 16.50. Sheeip—Receipts, 200; market steady to 25c higher: advance on lambs: bulk under 92-pound lambs. sll©>l3. Bv United Press CLEVELAND. Feb. 6.—Hogs—Receipts, j 1,300; holdovers. 126: mostly steady; some j pigs 25c lower: mixed 150-260 lbs. mostly sll.lo© 11.15: load 260-lb. averages. $11; pigs. $10.25610.50; sows, $8.25*; 8.50: stags. $6.50. Cattle—Receipts, 250; draggy, uneven and steady; few sales weak to lower: heifers and low grade heifers around $8.50 (it; 9; fat cows largely $8 down. 25-50 C off from Monday; cutter grades fairly steady. $4.75©6. Calves—Receipts. 300; steady; | better grade vealers. $17©!17.50; getting j quicker action than sl2© 16. common to: good kind: cull downward to $lO and un- j der. Sheep—Receipts, 1.000; firm; lambs ! upward to $12.75*; 13: medium throwouts. $10.50611.50; good fat ewes, $6©,7. Pn Times Bvecial * LOUISVILLE. Kv.. Feb. 6.—Hogs—Receipts. 1,000; market, 5c lower; 250 lbs. up. $10: 165-250 lbs.. $10.60: 130-165 lbs.. $10: 130 lbs. down. $8.85; roughs, $8: stags, $7.40. Cattle—Receipts. 200; market, steady; prime heavy steers. sll© 12.50: heavy shipping steers. slo© 11: medium and plain steers. $8.50® 10: fat heifers. sß®l2; good to choice, cows. $6.50 6 8.50; medium to good cows, [email protected]; cutters. *s© 5.50; canners. $3.50© 5: bulls. $66 9: feeders, $8610.50! stcokers, $7.50610.75. Calves—Receipts, 200; market, steady; tops, sl3; good to choice, $11.50© 13; medium to good. $9.50© 11.50: outs. $8.50 down. Sheep —Receipts. 50: market, steady; ewes and wethers, $12.505C 13; buck lambs. $11.50©12: seconds. s6© 9; sheep. $566. Wednesday's shipments: Cattle. 30; calves, none; hogs, none; sheep, none. Bn United Press CINCINNATI. Ohio. Feb. 6.—Hogs—Receipts, 700. holdover, 100: butchers. 160230 lbs., 15c lower: others, steady; bulk. 160-230 lbs., mostly $10.85: some 270-280 lbs., $10.50; desirable. 120-160 lbs. mostly *10.50; packing sows. $8.5068.75; oddhead. $9. Cattle—Receipts. 250: calves. 150: mostly, steady; scattered sales butcher cattle. $8©11: beef cows. $7*;8.50; low cutters and cutters. $5©6.50: bulk bulls. $76 8.75: vealers. barely steady: soots. 50c lower; choice vealers. $156 15.50: bulk. sll ©l4. Sheep—Receipts. 100: lambs, weak to 25c lower; sheep, steady; desirable handy weight, iambs. sl2© 13; throw-outs and bucks. s9© 10.50; good light ewes. $5.50. Bn United Press EAST BUFFALO. Feb. 6 —Hogs—Receipts, 1,000: holdovers. 1,000; weights above 150 lbs., active to all interests, steady; bulk 150-220 Vos., $11.15; to most, $11.25; 240-260 lbs.. $10.75© 11; packing sows, $8.65© 9.25: pigs very slow, indications $10.50. Cattle—Receipts, 200; general trade, very dull, weak to medium heifers. $9.40: all cutter cows. s4® $6.25; calves, receipts, 100; vealers, draggy. steady at Wednesday's full decline: $16.50 down. Sheep—Receipts, 500; lambs, fully steady; good to choice. $12.60©T3; medium and "strong weights, $1.25(0.12.25; fat ewes, s6@7. Bn United Press OLEDO. Feb. 6.—Hogs—Receipts. 375: market, steady; heavies. $9.75*1.10.15; mediums. $10.40*i10.50; vorkers. $10*110.25; pigs. slo© 10.10. Cattle—Receipts, light; market, steady; calves, receipts, light; market, steady. Sheep and lambs—Receipts, light; market, steady. Marriage Licenses John Benton. 25. of 3502 Prospect, laborer, and Willie Burton. 22. cf 3508 Prospect. Don O. Coram. 22, of 845 West New York, mechanic, and Margaret Pritchett, 19. of 845 West New York, clerk. Wayne Lynch. 25. of 1031 Fletcher. clerk, and Ora C. Long. 22, of 1314 Silver, clerk. Donald L. Bedford. 28. of 330 North ; Sherman, painter, and Marie D Smock. . 20. of 311 East Twenty-fourth. Ralph T. McCarthy, 25. of Greenwood salesman, and Clara T. Zinfcan, 22. of 1433 North Tuxedo, saleswoman.
Business — and — Finance
I PITTSBURGH, Pa., Feb. 6. Pennsylvania crude oil in New York | Transit Lines was reduced 5 cents to $3 a barrel, and Bradford district | crude likewise was reduced 5 cents Ito $3. Other grades are unchanged. i NEW YORK. Feb. 6. Loans totaling $76,350 on old and new dwellings in Indianapolis. Ind., were authorized at the last meeting of the Metropolitan Life Insurance Company real estate committee. The loans were placed through the ; Fletcher Savings and Trust Com- ■ pany, Indianapolis. i Directors of the Missouri State Life InI sura nee Company have authorized a • further Increase in the capital of the company from 54,000,000 to $5,000,000, Hillsmari Taylor. president. announced Wednesday. The plan to Increase the capital will be submitted to stockholders for their approval at a meeting to be called at some future date. Following approval of the plan by the stockholders the latter will be offered the right to subscribe to the additional $1,000,000 of new capital stock at $lO per share on I the basis of one share of the new stock 1 for each four shares of stock now held. Flotation of a loan of approximately $32,500,000 for Siemens * Halske A. G.. Germany, is being undertaken with the formal offering of $14,000,000 principal amount of the company's Series A participating debentures by Dillon. Read A Cos. Entitled to interest at the prevailing rate on the common stock, the debentures S4OO principal amount are priced at $93.3 flat. The current yield on the basis of the 14 per cent dividend on the common stock for the 19281929 fiscal year, is 6 per cent. Thatcher Manufacturing Company for the year ended Dec. 31. 1929, reports net sales of $5,031,694 against $4,832,626 in 1928. After allowing for all expenses, depreciation. federal -and state taxes, royalties. net profit was $921,189 for the year against $737,555 in 1928. The net profit j for 1929, after allowing for dividends on | the convertible preference stock, was j equal to $3.28 a share on the 131.836 shares of common stock outstanding against $2.03 per common share earned in 1928. Metropolitan Chain Stores. Inc., for the year ended Dec. 31. 1929, reports net profit of $930,204 after taxes and charges, according to the preliminary statement. The net profit, after payment of preferred dividends, was equal to $4.50 a share on the 153,287 common shares outstanding. Net profits in 1928 were $798,095 which, after preferred dividends, equaled *4.15 a share on fhc 150,202 shares of common stock outstanding. Neisner Brothers, Inc., for January, report gross sales of $821,481 against $586,595 for January. 1929, the increase of $234,886 being equal to 40.04 per cent. CHICAGO, Feb. 6.—Burnham Trading Corporation late Wednesday reported, following its annual meeting, that the net worth of the company was equivalent to $40.05 per unit on the 78,778 units outstanding as of Dec. 31, 1929. They reported further that the dividend income from securities owned, after deducting net interest paid, was 25 per cent In excess of dividend requirements on the preferred stock. CHICAGO. Feb. 6.—Directors of the Winton Engine Company declared the regular dividend of 75 cents a share on the preferred stock and $1 on the common stock, payable March 1, to stockholders of record Feb. 20. CHICAGO. Feb. 6.—Washington Flexner, president of the Lincoln Printing Company, announced that the annual statement to be published within a few days will show net earnings for 1929. after all charges for taxes, depreciation, etc., of $580,820 compared with $482,063 similarly for 1928. This is an Increase of 20.48 per cent.
Investment Trusts
—Feb. 5 Bid. Asked. American Founders, new ...... 26% 27% Basic Industry Shares 8% O’/i Corporate Trust Shares 9 9% Fixed Trust Shares A 20% ... Fixed Trust Shares B 18% Investment Trust of N Y 11 11% Leaders of Industry 11% 11% N. American Trust Shares .. 9% 9% Petroleum Trading corp A... 20 25 Revbarn Cos 10 20 S W Strauss Inv Cp Units 52 58 Trustee Std Oil Share 11% 11% U S Elec Lt & Pwr Sh. A 40 43
Local Wagon Wheat
City grain elevators are paving $1.06 for No. 2 red wheat and $1.02 for No. 2 hard wheat. LOUISVILLE RAILROAD PLANS TO SELL BONDS Additions and Improvements Are Included in Sum. Bu United Press WASHINGTON. Feb. 6. The Louisville fz Nashville Railroad Company applied to the interstate commerce commission today for permission to sell $15,000,000 of its refunding mortgage 4’i per cent gold bonds and $5,000,000 of its fif-teen-year 4 per cent gold bonds issued before the transportation act. Some $5,000,000 of the proceeds would be used for additions and improvements and the rest to pay off notes and reimburse its treasury. Births Boys Ray and Hazel Daniels, 716 South Illinois. Martin and Catherine Landwerlen, 3443 Broadway. Theodora and Ruth Flora, 235 South Christian. Spencer and Lela Renick, Coleman hospital. Otis and Geraldine Macy 1179 North Tibbs. Verle and Beula Wilson Methodist hospital. Adolph and Elva Lingeman Methodist hospital. Carl and Margaret Spiess. Methodist hospital. Clyde and-*Mftrv Scott. Methodist hospital. Donald and Helen Hastings. Methodist hospital. Deaths Earl Lloyd Rushton, 6, city hospital, i cerebrospinal meningitis. Martha May Gill, 10 months, 1452 Olver, ! acute colitis. Della Boxley, 55, 1817 Ludlow, chronic j myocarditis. Mary Elizabeth Wright, 72. 874 West ! Twenty-ninth, cerebral hemorrhage. Jerry James Wilson 2 days. Methodist hospital, premature birth. Matilda Springsteen, 66. 234 East Twelfth, carcinoma. Louisa Rossell. 65, 1630 West Market, broncho pneumonia. Albert Smith. 42. Central Indiana hospital general paralysis. Allred H. Harlow, 65, 724 Lord, chronic, myocarditis. John E Cline. 66 1869 South East, acute cardiac dilatation. Lizzie Wilson, 38, Long hospital, nephritis. Gertrude Station. 55. Methodist hospital. uremia. Media Stinson. 78, 1314 Sliver, cerebral hemorrhage. Aida Henrietta Turner, 45, Centra! Indiana hospital. chronic interstitial nephritis. Samuel A. Perry, 69. Christian hospital, arteriosclerosis. James R. Eneiand. 18. citv hospital, acute appendicitis. Amy Ethel Bradley. 40. 903 North Delaware. acute mvocarditis. George D. Williams. 65, 1034 Albany, carcinoma. Harvey J. Henke!. 63. 430 East Maple road, hypostatic pneumonia. NEW YORK COFFEE RANGE —Feb. 5. High. Low. Clos#. January 7.55 7.55 7.55. March 8.65 8.60 3.60 Mav 8.12 8.08 8.12 July 7.88 7.85 7.88 September 7.73 7.70 7.73 December 7.59 7.50 7.59
WHEAT BREAKS TO NEW LOWS IN BEAR MOVE Corn and Oats Follow Trend of Major Grain Futures. Bn United Press CHICAGO, Feb. 6.—Wheat broke drastically to anew set of lows as ; the Board of Trade opened this morning. The collapse in the German rye market, which sent Liver- I pool down 2’s to 2% cents, new I offers of Russian wheat and a lower | Buenos Aires market brought : heavy selling. Com and oats were ) carried down by wheat. At the opening wheat was l’g to j2 1 i cents lower, corn was %to % cent off and oats was down % to j % cent. Provisions were steady. Liverpool opened much lower than expected this morning, partly be- ! cause of a collapse in the German rye market, prices in that grain falling 6'i cents. This and the way in which wheat faded out at the ! ; close Wednesday has increased the 5 bear sentiment, but the bear sentiment is so unanimous that it may i offset itself. The large corn buyers of Tuesday j I sold Wednesday when reports from | lowa indicated that an increased ! movement was beginning. This corn is mainly in the way of consignj ments, however. The shipping de- | mand remains large. Oats showed fair resistance to • pressure and selling by cash houses but the market continued to take its cue from the other grains. Chicago Grain Table —Feb. 6—■ WHEAT— Prev. High. High. Low. close, j March ....#. 1.14 1.12 1.13% 1.14% i May 1.18% 1.16% 1.18% 1.18% July 1.20 1.18 1.19% 1.20 V. i | CORN— March ..... .87% .86% .87%: .87 I May 91 .90% .90.% .91 July 92% .92 .92% .93 | OATS— March 44% .43% .44% .44% (May 45% .45% .45% .45_ \ July 44% .44% .44% .44% i RYE— March 82% .82 .82 .83 | | Mav 83% .81% .82% .84 i Julv 84 .83 .84 .84% ; LARD—- ! March 10.90 10.80 10.90 10.80 Mav 10.07 10.00 10.05 10.97 ! July 11.25 11.20 11.25 11.20 j t:n Times Bveeial ' CHICAGO, Feb. 6.—Carlots: Wheat, 21; | corn. 171; oats, 20; rye. 2. and barley. 9. I
Produce Markets
Eggs fcountrv runi—Loss off delivered In Indianapolis. 30c: henery quality. No. 1 35c; No. 2,27 c; No. 3,20 c. Poultry (buying prices)— Hens weighing 4% lbs. or over. 25c; under 4’% lbs.. 21c; Leghorn hens. 18c: springers. 5 lbs. or over, 22c; under 5 lbs., 20c: spring Leghorns. 15c; stags. 15c; cocks, 12©)14c; capons, 8% lbs. or over. 29c; capons. 7% lbs. or over 27c; capons and slips, 5 lbs. and over 25c; capons. 5 lbs. and under, 23c; ducks, full feathered, fat, whites. 15c! These prices are for No. 1 top aualitv. quoted by Klngan & Cos. , „ „ Butter (wholesale)—No. 1. 40@,41c: No. 2. 39© 40c. Butterfat—39c, Cheese (wholesale selling price per 1 pound)—American loaf. 31c: pimento loaf. 33c; Wisconsin firsts, 27c; Longhorns, 24c; New York limberger. 36c. Bu United Press CHICAGO. Feb. 6.—Eggs—Market steady; receipts. 5,254 cases; extra firsts, 41%c; firsts, 40c; ordinaries, 34@37c; seconds, 32c. Butter —Market steady: receipts. 4 406 tubs: extras. 36c; extra firsts. 34%©: 35c: firsts, 33@34c; seconds, 31 ©32c; standards. 36c. Poultry—Market steady: receipts. 1 car; fowls, 23c; springers, 24c: Leghorns. 21c; ducks, 16©17c; geese, 15c; turkeys. 25c; roosters. 18c; broilers. 285. Cheese—Twins. 19%@19%c; young Americas. 21c. Potatoes—On track, 274: arrivals. 100; shipments, 819; market firm on Idaho rusets. barely steady on others; Wisconsin sacked round whites. $2.50© 2.60: Minesota and North Dakota sacked round whites, $2.40; Tdaho sacked russets. s3©. 3.35. Apples—[email protected] per box. Bn United Press NEW YORK, Feb. 6.—Flour—Dull, but steady: spring patents. $6.15**6.50. Pork —Easy; mess, $28.50. Lard—Firmer: middle west spot, $11.65*111.15. Tallow —Quiet; special to extra, 7%@7%c. Potatoes Dull; southern. s4@l2; state, $3.85© 4.85; Maine. $2.35©4.35; Bermuda. s7© 13; Long Island, $1.50 ©.6.40. Sweet potatoes Steady: southern baskets. 75c%51.75: Jersey baskets. [email protected]. Dressed poultryirregular; turkeys. 27@43c; chickens. 18© 40c; capons, 28© 45c; fow’ls. 18© 35c; ducks. 14© 21c; ducks. Long Island. 23© 24c. Live poultry—Steady; geese, 13@27c; ducks, 14 ©26c; fowls. 15@27c; turkeys. 25©35c; roosters, 18©19c; chickens. 20@27c; caponss, 23© 35c; broilers. 25@34c. Cheese— Steady; state whole milk, fancy to special. 24©26c; young Americas. 21%@24%c. Bv United Press CINCINNATI. 0., Feb. 6.—Butter, steady; | creamery in tub lots, according to score, i 36© 37c; common score discounted. 2©3c: packing stock No. 1. 22c; No. 2,18 c; No. 3.13 c: butterfat. 35© 37c. Eggs—Higher; cases included; fresh gathered. 43c; firsts, 41c: seconds, 40c; nearby ungraded. 42c. Live poultry—Thin and coarse stock sells onl vat heavy discount. Fowls. 5 lbs. and o\er, 25c; 4 lbs. and over, 26c; 3 lbs. and over, 25c; Leghorns, 3 lbs. and over. 24c; roosters. ’7c; stags, 21c; capons. 8 lbs. and over, 33c: under 8 lbs.. 32c; slips. 21e; frvers. colored, over 3 lbs. 31c: 2 lbs. and over. 31c; broilers, 16 lbs. and over. 32c; Leghorn broilers, 1% lbs. and over. 25c; roasting chickens. 4 lbs. and over, 29c; Leghorns and Orpington fryers. 2 lbs. and over, 25c: black springers. 20c. Bu United Ptess _ OLIBVELAND. Feb. 6.—Better—Extras. 40c; evtra firsts. 38%@39c; seconds. 31© 32c. Eggs—Extras, 416 c: firsts. 40%c. Poultry—Fowls. 30c: medium. 28c; Leghorn. 24c; heavy springers. 27© 28c; Leghorn springers, 20c; ducks. 22©26c; old oobks. 18c; geese. 18©20c. Potatoes— Ohio. $4 25 ©'4.50 per 150-lb. sack. New York. $4.40© 450 per 150-lb. sack; Maine Green ML. $4 50 per 150-lb. sack: Idaho Russet. s3.Ba @4.15 per 100-lb. sack. SULLIVAN LUKEWARM ON SPORTS CONTROL Uninterested in City Supervision of Boxing, Wrestling. Strict city supervision of boxing: and wrestling does not appeal to Mayor Reginald H. Sullivan. “I think boxing is a good, clean sport if it is properly conducted," lie said today. “The only thing that I'm interested in is that I’m not made a participant. I’ll never forget a good whipping I got in college.” ) Tile former city council created a boxing commission to supervise all; matches and found enforcement of the measure a constant “worry.” The old ordinance still is in evidence, but the commission has not been j active snee issuance of a temporary restraining order in superior court. The city legal department has not j insisted the case be brought to trial. PARK BOARD TO ELECT Emhardt Expected to Be Named President at Session. Adolph A. Emhardt, Democratic attorney, was expected to be elected president of the park board, at its meeting in city hall this afternoon. He would succeed John E. Milnor, Republican. Emhardt has served on the board | several years. Paul Rathert, ex-city councilman, appeared slated for the j vice-presidency of the board. Owing to absence oi Mayor Reginald H. Sullivan, in Washington, no reorganization of park department was expected.
The City in Brief
FRIDAY EVENTS Indiana Rruubllran Editorial Association. meeting. Columbia Club. I United State* Naval Araeemv Graduates luncheon. Columbia Club. I 1 Exchange Club luncheon. Lincoln. Optimists Club luncheon. Clavpool. Altrusa Club luncheon. Colambia Club. Thi Delta Theta luncheon. Chamber of Commerce. Knight* of Columhu* luncheon. Splnk- ! Arms. Master Painters Association luncheon. Elks Club. Indianapolis Round Table luncheon, i Lincoln. . _ . Delta Tau Delta luneheon. Colombia Reserve Officers Association luncheon. Board of Trade. Delta Chi luncheon. Splnk-Arms. Workers’ Non-partisan Political Action League meeting, English hotel. Outdoor Advertising Association of Ini diana. convention. .Lincoln. Indiana Societv of Architects, meeting. With special rates for all senior i and junior memberships, Central ! Y. M. C. A. will begin a ten-day ; drive for 1,000 members Feb. 13. William F. Neussel. R •! Duke. Alexander Corbett and William M. i Springer will head a campaign , division. Approximately KOO books from the ; library of the late William Blodgett, ! Indianapolis newspaperman, have been donated to the Butler university department of journalism by Blodgett Brennan, of 3207 Central avenue, a grandson. Brennan is a former student at Butler. Dr. Carlton B. McCulloch, medical director of the State Life Insurance j Company, formerly personal phy- | sician of James Whitcomb Riley, will address the Exchange Club at its weekly luncheon Friday at the Lincoln with the Hoosier poet as his subject. A five-reel motion picture, showing activities of the league of Nations and the world court, will be presented at Cropsey auditorium, public library, at 8 next Tuesday night. The Indiana Council on International Relations is the sponsoring organization. BACKS COOK PAROLE | Judge Ready to Approve Recommendation. i j Bn United Press ! TOLEDO. 0.. Feb. 6.—Prospects of I freedom for Dr. Frederick A. Cook, ! notorious “discoverer” of the north j pole, now serving a sentence in | Leavenworth federal prison for mail j fraud, were brighter today when | Federal Judge John M. Killits announced his intention of approving a recommendation for Cook's parole. Cook was sentenced to a term of fourteen years and eight months in prison, and commanded to pay a fine of $12,000 in April, 1925, by Judge Killits, after a federal jury in Ft. Worth, Tex., found the Arctic explorer guilty of misusing the mails in connection with oil stock promotion. The veteran jurist said he was glad to hear of the recommendation on Cook's behalf, and asserted he would approve it provided Cook made a gesture toward liquidating part of the fine and costs charged against him if he were able financially to do so. DEATH CASE ENDING City Man Denies Fatally Injuring Nurse. Closing arguments were to be made today in the criminal court jury trial of Roscoe Allison, 42. of 1317 Roache street, charged with involuntary manslaughter in connection wtih the death of a family nurse at the home last June. With Harry Yockey sitting as special judge, the state’s case was rested this morning alter three prosecuting witnesses were heard. They included the defendant’s father, diaries Allison; a 10-year-old grandson of the dead woman, and a neighbor to the Allisons. Roscoe Allison took the stand today in his own behalf, denying he pushed Miss Ida Davis, nurse, off the front porch at the home in a j quarrel. The woman died later of; a fractured skull. SHELL OIL ELECTS Former Manufacturing Department Head Now Vice-President. Bv Times Hfecial ST. LOUIS, Feb. 6.—Climaxing an industrial career which began when, as a physician in North Carolina, he gave up the practice of medicine to specialize in pathology and research, Dr. F. W. L. Tydeman, chemist, has been elected vice-presi-dent in charge of manufacturing activities of the Shell Petroleum Corporation. Until the first of the year, Dr. Tydeman was manager of the manufacturing department of the Shell Corporation. His advancement to the vice-presidency of the company, although just announced, dales from Jan. 4. In his new position he will be in charge of all manufacturing operations for the Shell refineries, which are located at Wood River. HI.; East Chicago. Ind.; Houston. Tex.; Arkansas City, Kan., and Sellers. La. CHANCE TO GET EVEN Girl to Marry Policeman Who Gave Her Parking Ticket. Bu United Press EVANSTON. 111., Feb. 6 —Policeman George Bein gave Miss Florence E. Steiger. 26. a ticket for overtime parking last summer and she vowed she would get even “if it takes the rest of my life.” She will have her chance. They will be married Monday, after a romance that developed from the parking ticket incident. Merger Denied Bv United Press HOLLYWOOD, Cal, Feb. 6.—Denial of the possibility of a merger of ! Pathe Exchange, Inc., with Radio- ; Keith-Orpheum was made today by E. B. Derr, executive vice-president of the Pathe studios. “The sole link between the two companies lies in R. K. O. 20-year franchise to show Pathe pictures,” Derr said.
FEB. 6, 1930
FEDERAL BOARD TO TAKE ACTION IN WHEAT MART Move to Prevent Collapse of Prices: Meetings Are in Secret. Bu United Press CHICAGO, Feb. 6. —The advisory j committee of wheat growers, a sec- ; tion of the federal farm board, today was reported to fiave formulated preliminary plans to prevent a collapse of wheat prices such as ' marked the decline in the cotton market in 1914. Members of the committee met in a closed sessio nhere Wednesday. It j was said they discussed formation ;of a holding organization, as provided for iln the federal farm marketing act as a last resort in case of surplus production. i The committee, with Alexandei Legge, chairman of the federal farm {board, presiding, met again today, and it Is expected that members will decide whether the present wheat situation warrants formation of a holding organization, to buy almost unlimited supplies of wheat for approximately $1.20 a bushel, the price set. by the co-operative heads at Minneapolis. RECTOR TO GO ON TRIAL Pastor Who W**d Catholic Charged With Violating Pledge. Bv t nitrd Pri ss LEXINGTON, Ky„ Feb. 6.—An ecclesiastical court will be convened here, within the yiext few days, to try the Rev. Julius Arnold Velasco, rector of St. John's Episcopal church at Dayton. Ky„ on charges of violating a pledge allegedly given to the Rt. Rev. H. P. Almon Abbott, diocesan bishop, it was announced today. The pledge, given, according to Bishop Abbott, at Mr. Velasco’s ordination last September, was that the young clergyman would not be married to a Catholic girl, to whom he was betrothed. Velasco was married Jan. 25, at Ellicott City, i Md., to Miss Catherine Rogers, a : Catholic, and the Rev. Father Pat--1 rick O’Ryan performed the cere- | mony. WINS BIG JUDGMENT Toledo Woman Awarded $41,200 in Husband's, Child’s Deaths. I Bv United Press DETROIT, Feb. 6.—Widowed by j an automobile accident in Ohio last ! July, Mrs. Ora Peters of Toledo to- | day held a $41,200 judgment against i the Auto Body Transport Company iof Detroit. The verdict was made by a federal court jury here Wednesday night. Mrs. Peters’ husband and one ol their five children were killed in the collision of their machine with a truck owned by the transport company. BURGLARY MADE EASY Cardboard Hole Affords Entry for 38-Cent Robbery. A burglar found his way made easy Wednesday night at the H. G. Wilson bakery, 3828 East Washington street. Over a broken glass in a rear door, a cardboard had been nailed. By cutting a hole through the cardboard, the burglar unlocked tho door and stole 38 cents from a cash register. Notices FORD TOURING, motor number 9,254,83344X. belonging to William Doehlnan, 934 8. Delaware St., will be sold on Feb. 17th for storage and other charges amounting to $15.50. STOBERT MARSH, 823 Union St.. 0r_1149 W. Sixteenth Bt. BOARD OF ZONING APPEALS NOTICE OF HEARING. Notice is hereby given that C. B. MFadden has filed with the Board of Zoning Appeals of the City of Indiauauolls a. petition asking permission to vary the requirements of the Zoning Ordinance by erecting a gasoline service station at tho southwest corner of English avenue and Sherman drive. A public hearing will be held by aaid Board in Room 104, City Hall. Tuesday, Feb. 18. 1930. at 2:30 p. m.. at which time and place all interested person* will be given opportunity to be heard in reference to the matters set out in said petiion. BOARD OF ZONING APPEALS. GEO. T. O'CONNOR. President. H. B. SIT,EG. Secretary-Engineer. INDIANA STATE HIGHWA Y COMMISSION DIVISION OF CONSTRUCTION BRIDGES. Notice is hereby given that sealed proEosals for the construction of certain ridges on State Highways will be received by the Director of the Indiana State Highway Commission at his office In the Statehouse Annex In Indianapolis, until 10 a. m. Feb. 25, 1930. when all proposals will be publicly opened and read. These bridges are further described as follows: Carroll County—Two bridges on Road 29-0, consisting of one 45-foot bridge and one 75-foot bridge; and two bridges on Road 29-P, consisting of one 36-foo bridge and one bridge of three spans of 36 feet each. Clinton County—’Two bridges on Road 29-N, consisting of one 60-foot bridge and one 96-foot bridge. De Kalb County—Two brlgdes on Road 27-P, consisting of one 36-foot bridge and one 40-foot bridge. Madison County—^Two bridges on Road 28-L, consisting of one 40-foot bridge and one 52-foot 6-lnch bridge Pike County—One 40-foot bridge on Road 61-C. White County—Two bridges on Road 53-A, consisting of one 24-foot bridge and one 48-foot bridge; and two bridge) on Road 53-B, consisting of one 40-foo* bridge and one 52-foot 6-incb bridge. The plans and specifications mav be examined at the office of the State Highway Commission. Statehouse Annex. Indianapolis, or copies thereof will be forwarded upon payment to the Director of a nominal charge. No refund will be made for plans returned. Proposals must be made upon standard forms of the Indiana State Highway Commission. which will be supplied upon request. Each bidder, with his proposal, shall file a corporate surety bond payable to the Stale of Indiana In the penal sum of at least one and one-half fl%i time the amount of his proposal, wlh good and sufficient security to the aproval of the Director. SUCH BOND SHALL BE ONLY IN THE FORM PRESCRIBED BY LAW AND SHALL BE EXECUTED ON THI' FORM BOUND IN THE PROPOSAL. For this bridge letting each bidder shall file his "Experience Record and Financial Statement" prior to filing his proposals. Forms will be furnished upon request. Some of these structures will be awarded In groups of two or more structures. Further information regarding the work contemplated, the method of letting and price of plans, will be furnished upon request. The right is reserved bv the Director to reject any or all bids or to award on any stated combination of bids that is in his Judgment most advantageous to the State of Indiana. INDIANA STATE HIGHWAY COMMISSION. J. J. BROWN. Director Death Notices BOHANON—Age 57 year*, beloved husband of Fanny Bohanon. father of WllUam H. Bohanon and brother of Nick and Ex Bohanon and Mrs. Belle Madison, passed a wav at the late residence 322 E. lowa St.. Wednesday at 10 p. m. Funeral Saturday, Feb. 8. 2 p. m.. at the above address. Friends Invited. Burial Memorial Park cemetery. G. H. HERRMAN In charge. %
