Indianapolis Times, Volume 41, Number 47, Indianapolis, Marion County, 5 July 1929 — Page 25

JULY 5, 1929.

AUBURN LEADS MOTORS IN RUSH TO NEW HIGHS Oils Follow Speed of Auto Stocks on Mart; Steel Takes Loss.

Average Stock Prices

-f t.ven'v ir.r. • -.a.s r;.ua> AC/I - , n . rails iWcs'-M °of for^bonds was 63 30. up .03 NEW YORK July 5 —Motor stocks and oils ran up to new highs in a lively market today when interest lapsed temporarily in rails, utilities and some of the industrials Trading started with a rush that had tickers lagging, but caught up later and the tape was riding even near the close. In early trading United States Steel got to 200, but then when its apparent objective was achieved it sank back, losing considerable of the gain. Rails like New York Central. Pennsylvania and a half dozen others also made new marks but considerable of it was lost. Ride General Motors Up Then when the marks* was turning sharply irregular in the early afternoon, bulls took General Motors for the first ride it has had in many a week. The stock was coming out. on the tape in long strings, with prices depreciating in such way that indicated accumulation by strong interests working for a higher stock market. Chrysler was carried to a newhigh on the movement and smaller gains were made by other motor shares. Auburn was the sensation of the opening, rising more than 20 points, of which about. 15 were held Nash went to around 90, with active bidding noted. In the oil group substantial advances were scored by such independents as Pan-American B, Simms Petroleum. Amerada. American Republics. Atlantic Refining and Sun OiL Standard issues did little. Rubber Shares Gain Active demand for gasoline that has depleted stocks was responsible to some extern for the rise in the oil shares. This was in turn caused by- heavy motor sales. In this line also rubber shares made better gains than for several days. Special issues were whirled up after leaders like General Electric, American Can and Union Carbide tired. Holster Radio, Coty, Underwood, Elliott Fisher. Crown Cork and Seal and National Biscuit enjoyed gains of 1 to 10 points, the latter by Biscuit, which at its high, a record, was at 207";. new york terrtr. range • -July 3 H’.gh. Low. Close. mTciT v:::::::::: 1350 13.40 \Ut Ma>-.13.25 13.2* 13.24 July 14.98 14.03 14.93 September December 13.83

JLcO KraUSS Cos “The Quarter-Century” WH At EVE R WAY YO U „ GOYDVJ sfflS4Si a §|||Jg2J| DEPENDABLE WATTCM ! A Fine Metal Wrist Band Given Away flßgSg values as Vacation time is watch time! You need a ■Y* yJvAfr watch with .you on your trip this year! And to solve this neces>ity we are featuring guaranteed watches for men and women at a sensational low price! These watches are guaranteed for their reliability and have a finely jeweled movement. -Complete jewelry Y.JIt-. and SA '\'C^'\ O Washington ' Rfsr Brov _ W # Street isn! Terms at the Hnfpl Ride CREDIT - JEWELERS

Indianapolis Stocks

—July 5 Bid. Ask ‘American Central L Ins C0....800 Belt R R and Yds Cos com 64 68*-. j Belt R R & Yds Cos pfd 56 : Central Ir.d Power Cos pfd .... 99 98 Circle Theater 108 ... ; C.tles Serv Cos com 31;* ... ; Cities Serv Cos Did 96% ... ; Citizens Gas Cos com 32 | Citizens Gas Cos pfd 98 ... Commonwealth L Cos pfd 100 ... I Equitable Sec Cos com 45 Hook Drug Cos com 41 Horuff Shoe Crrp com 16% ... Ind Hotel Cos Claypoo! c0m.... 125 Ind Hotel Cos pfd 100 Ind Serv Corp pfd 84 Indpls Gas Cos com 58% 62 Indpls and Northwta Tr Cos pfd. 5 Indpls P & L pfd 101 103 Indpls Pu Wei L com... 51 Indpls St R R Cos pfd 29 : 2 ... Indpls Wa Cos pfd 99 Inter Pub Ser pr 11 pfd 102 105 Inter Pub Ser pr 11 pfd 105 105 Merchants Pub Utli Cos pfd..lol ... j Metro Loan Cos 300 ... : Northern Ind Pub S G pfd 75.. 106 Northern Ind Pub S C pfd 6s 96 100 I Prog Laundrv Cos com 47% 51 i E Rauh and Sons Fert Cos pfd... 50 ! Real Silk Hosiery Cos pfd 98 1 Standard Oil of Ind 57% ... IT H Indpls A- Tr Cos pfd 5 ! T H Trac and L Cos pfd ' Union Trac Cos com V< , Union Trac Cc Ist pfd 1 Union Trac Cos 2nd pfd 54 i Union Title Cos com 50 ‘ V Camp Prod Cos Ist pfd 97 100 V Camp Prod Cos pfd 92 —Bonds— Bid. Ask Belt R & S Y Cos 4s 85 Broad Ripple Trac Cos 5s 65 Cent Ind Gas Cos 5s 96 Central Ind Power Cos 6s 98 ... I Ch; S B & N Ind Ry Ist 5s ! Citizens Gas Cos 5s 98 ... 1 Citizens Street Railroad 5s .. 70 Gary St Rv Ist 5s 80 85 | Home T At 1 of Ft. Wayne 68.101% ... j Indiana Hotel Cos 5s .. 100 ... | Ir.d Northern Trac Cos 5s 4 5% I Tnd Railway and Light Cos 5s ... 97 Indiana Service Corp 5s 86 Indpls Power and Light Cos.. 97 100 Indiana Union Trac Cos 5s ... 4 Indpls Col and Trac 5s 98 100 ; Indianapolis Gas Cos 5s 98 , Indpls and Martinsville T Cos 5s 15 Indpls No Trac Cos 5s 9 Indpls & N W Trac Cos 55... 35 ... I Indpls Street Ry 45.. 54 56% Indpls Trac & Terminal Cos ss. 93% 95 Indpls URyss J 1965 A 8... .101 ... Indpls Water Cos 5%s 1953...100 ... Indpls Water Cos 5%s 1954..100 pis Water Cos lien & ref ss. 93% ... Indpls Water Cos 4%s 92 95% Tndplt Water Works Sec Cos.. 85 Inudpls Water Cos 4'is 93 951a Interstate Public Service Cos 5s 95 Interstate Pub Serv Cos B 6%5.103 ... No Ind Pub Service Cos 5s 97 No Ind Telegh Cos 6s 1931 98 99% T H & E Trac Cos 5s 50 T H Trac and Light Cos 55.... 91 Union Trac of Ind Cos 6s 10

In the Stock Market

1 By Thomson and McKinnon) NEW YORK, July s.—One of our most successful industrialists a short time ago suggested that a fair measure for valuing a security was placing the selling price about fifteen times its earnings. The subject comes to mind at this time in connection with the steel corporation. It is now generally accepted that the earning of this company will show better than $7 a share for the second quarter, with indications in excess of S2O a share for the entire year. Surely this stock can not be said to be over-valued when selling at less than ten times indicated earnings, and particularly at a time when, so we are informed by a well-posted source, recapitalization plans arfe under way. There are a number, also, of other securities of the highest type that are in a similar position, which probably those in the rail group more numerous iust now than in the industrial list. With the credit question no longer of prime importance, it seems to me the investor will do well to measure values based upon earnings and dividend prospects and anticipate. a.s we do, still higher prices.

DROUTH SENDS WHEAT PRICES TO TOP PEAK Corn and Oats Follow in General Gain of Grain Stocks. By United Brest CHICAGO, July s.—Wheat prices were boomed to the highest in several months today, following reports that the spring wheat crops of Canada and the American northwest were facing almost complete failure as a result of the prolonged dry wet ther. Unsteady foreign markets and the heavier movements of newwinter wheat had little effect on the late trading either here or at Winnipeg. Corn and Oats made big gains with wheat. At the close wheat was 3 to 3%c higher, corn was up 2% to 3c and oats were 2 to 2%c higher. Provisions were unchanged to higher. The new*s of scattered showers in Alberta and in the Argentine, -which had worked sharp losses at both Liverpool and Buenos Aires, started wheat off fractionally lower here. However, the weakness lasted but a few* minutes as the reports coming on the condition of the Canadian crop was so bullish that a reaction to over 2 cents above Wednesday’s close followed. Trading continued broad throughout the morning. Cash prices were % to 1 cent higher. Receipts were thirty-two cars. Weather was still generally favorable fer growing corn, and in spite of the strong wheat market prices were only fractionally higher most of the morning. Receipts were heavy and the demand for spot com was not especially active. Cash j prices were • unchanged. Receipts were 322 cars. Trading in oats was the most active in a long time as all interests brought on the unfavorable crop conditions in Canada and the Dakotas. Cash prices were % to % cent higher. Receipts were eightymine cars. Chicago Grain Table —July 5 WHEAT— Prev. High Low. 12:00. close. Julv 1.19% 1.22’4 1.19% Sept 1.2712 1-24 1.243-s 1.24% Dec 1.33 1.30 1.32% 1.390% ; CORN— July 94% .93% .94% .93*8 Sept .... .96% .95% .96 .95% Dec 93% .92% .93% .93% OATS— July 4678 .45 .46 .44% Sept 46% .45% .46% .45% Dec .49% .48% .49% .43% RYE— Julv 93% .91H .93% .91% Sept .98% .95% .98% .96% Dec 1.03% 1.01 1.03% 1.01% LARD — July 11.90 11.85 Sept 12.22 12.17 12.22 12.17 Oct 12.37 12.35 12.37 12.32 Dec. 12.47 12.45 12.45 12.42 RIBS— Jul” 13.50 Sept 13.85 By Times Special CHICAGO. July s.—Carlots: Wheat, 12; corn. 166: oats. 43, and rye. 1.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale)—No. 1. 47348 e; Nc 2. 44648 c. Butterlat—Lb., 463 47c. Cheese (wholesale selling price per pound)—American loaf, 38c; pimento loaf. 40c: Wisconsin flat. 29c: prime cream. 37c: Daisy. 25c: Longhorn. 25c; New York llmberger. 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, loss o 2 No. 1. 28c; No. 2. 23c. Poultry (buying prices)—Fowls. 23c; Legnorns hens. 18c: broilers full feathered. 30c: broilers bare back. 23c; Leghorns. 23c; old roosters, large 15c4 small 10@13c; ducks, 12614 c; spring guineas, 30c; turkeys, No. 1 voung toms. 12 lbs. and up, 35@38c; No. 1 voung hens. 25c a lb.; No. 1 told toms. 22625 c; No. 2 old hens. 25® 30c a lb. By United Press NEW YORK, July s.—Flour—Firm and higher; spring patents, [email protected]. Pork —Quiet; mess, $31.50. Lard—Steadv:.middle west spot, $12.25612.35. Ta.low — Quiet; special to extra, 7’*@7%c. Potatoes—Firm; southerns. $1.253 4.25; Maine, *2.252.50; sweet potatoes quiet; southern, 12.5063; Jersey, [email protected]. Dressed poultry—Sjuiet: turkeys, 25646 c; chickens, 30 fa 46c; capons, 30644 c; fowls. 19633 c; ducks. Long Island. 213 24c. Live poultry—Quiet; geese, 13617 c; ducks, 16625 c; fowls. 28632 c; turkeys, 20 6 35c; roosters, 206 21c: broilers. 25645 c. Cheese — Easy— state whole milk, fancy to special, 27% 629%c: Young America. 23628 c. Butter—Market, steady: receipts. 14 832; creamery extras, 42c. Eggs—Market, nrm-. receipts. 28,887; nearbv white fancy. 406 45c; State Whites. 31543 c; fresh firsts. 31%c: Pacific coasts, 35%@.42c; white western. 326 35%c; nearby browns. 32 e 41c. Coffee—Rio No. 7 on spot 18\c: Santos No. 4, 236 23%c; A4-2 sugar firmer; spot 96 test delivered duty paid, $3.74. Refined firmer; Gracolated. $5. Bu United Press CLEVELAND. July s.—Butter—Extras, 42%@44% :extra firsts, 40%@42%; seconds, 38%@40%. Eggs—Firsts. 31c; ordinaries. 28’jC. Poultry—Fowls. 28c; broilers. 35 6 40c: leghorn. 236 24c; Leghorn broilers, 25@27c; ducks (spring), 30®3(c; old cocks, 186119 c. Bu United Press CHICAGO. July s.—Eggs—Market, steady: receipts. 15.206 cases; extra firsts. 30? 30%c: firsts 29@29%c; ordinaries 2,6 28%c: seconds. 25*2C. Butter —Market, steady: receipts. 13,004 tube; ex ras 4lc; extra firsts. 40@40%c: firsts. 38%6,39%c; seconde. 373 38c: standards. 41c. Poultry Market fowls strained: balance, steady: receipts, 1 car: fowls. 18% 6 29c; springers. 28636 c: Leghorns. 21325 c; ducks (spring), 24c- geese. 15c: turkeys. 20630 c: roosters, 20c: broilers. 283 33c. Cheese —Twins. 21c, Young Americas. 22c. Potatoes —on -rack 202- arrivals. 73: in transit 1.056; market, steady on both old and new stock; southern sacker triumphs best, $2.706 2.8?: few S3- poorer kinds, $2.35 and up: Virginia Irish' Cobblers. $4.606 4.75: Wisconsin sacked round whites. 85c@$1.10.

Banks and Exchange

INDIANAPOLIS STATE3IENT Indianapolis bank clearings Wednesday. July 3. $5,218,000: debits. $99.12. NEW YORK STATEMENT By United Press , NEW YORK, July s.—Bank clearings, $2,010,000,000: clearing house balance $242,000,000: federal reserve bank credit balance, $234,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. July s.—Treasury net balance on July 2. $303,317,731.05: customs reecipts to that date. $3,408,579.86. CHICAGO STATEMENT Bu United Press CHICAGO. July s.—Bank clearings si2B.600.000: balances $12,100,000.

Local Wagon Wheat

City grain elevators are paying sl.lO for old crop No. 2 red wheat and $1.02 for o.d crop No. 2 hard. MARRIES FOURTH MATE Matrimony Is Irresistible for Woman, 61. RIDGEVILLE, Md., July 5. Matrimony has an irresistible appeal for Mrs. Sallie Jones, who just married William E. Watkins here. Mrs. Jones, 61, had been married three times before. Watkins, 74, had been married once. Mrs. Jones has two living daughters and Watkins has three daughters and one son.

HOGS ADVANCE 20 CENTS IN LOCAL YARDS Beef Strong, Vealers Up sl, Sheep, Lambs 50 Cents; Chicago Active. June Bulk * Top Receipts 27. [email protected] 11.25 4.000 28. 11.15611.40 11.40 5,500 29. 11.25611.50 11.50 5,000 J l.‘ y 11 40611.55 11.60 6.500 2. 11.15311.30 11.30 10.000 3. 11.40611.55 11.55 6.000 5. [email protected] 11.75 6,500 Hog prices opened around 20 cents higher than Wednesday's best prices, with underweights selling 25 cents up. The bulk of 160-325 pounds brought $11.60 to $11.75. Receipts were approximately 6,500, and holdovers from Wednesday’s market numbered 469. The cattle were going steady, with beef steers strong to 25 cents higher and beef cows steady. Vealers were $1 higher, selling $16.50 down. The sheep and lamb market opened 50 cents higher than Wednesday’s average. Fat etees were selling at $4.50 to $6.50, and throwouts $lO to sl3. The Chicago hog market was fairly active to shippers and traders at 25 cents higher than Wednesday’s average. Choice 170-210-pound v. eights were bid $11.70 to $11.75. Choice 220-230-pound weights brought $11.50 to $11.65. Receipts were 33,000, including 19,000 directs, and holdovers totaled 5.000. Cattle receipts were 1,000 and sheep receipts were 11,000. Hog prices were as follows: 250350 pounds, $11.65 to $11.75; 130160 pounds. $11.25 to $11.50; 90-130 pounds. $10.50 to sll, and packing sows, $9.50 to $10.50. Cattle receipts were 1,100; calf receipts were 500; beef cows, $8 to $10.50: low cutter and cutter cows, $6 to $7.50; vealers, $14.50 to $16.50; heavy calves, $7.50 to sl2; bulk stock and feeder steers. $9 to $12.50, Sheep receipts were 700; top fat lambs. sls; bulk fat lambs, sl4 to sls; bulk cull lambs, $lO to sl2; bulk fat ewes. $4.50 to $6.50. —Hogs— Receipts, 6,500: market, strong. 250-350 lbs [email protected] 200-250 lbs 1L606.11.75 160-200 lbs. 11.606.11.75 130-160 lbs H-25611.50 90-130 lbs 10.506.-11.00 Packing sows [email protected] -CattleReceipts. 1.100; market, strong. Best veals Jn'sn Beef cows f. 006.10.50 Low cutter and cutter cows... 6.006 7.50 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 500. Best veals Heavy calves [email protected] —Sheep— Receipts. 700; market, steady. Top fat lambs no Bulk fat lambs J n'nn% 12’nn Bulk cull lambs 1 Van Bulk fat ewes 4.5Q@ 6.a0 Other Livestock Bu United Press CHICAGO. July s.—Hog 33.000. including: 19.000 directs: njarket mostlv 2535 c higher on hogs unde* 280 lips., top. 811.85. paid for 160-210-lb Weights; butcher, medium to choice 250-300 lbs., $10611.60: 200-250 lbs., $11,25 9 11.80.160200 lbs.. sll.lo® 11.85: 130-160 lbs.. $10.75 6 11.85. packing sows. $9.50618.50; pigs, medium to choice. 90-130 lbs.. $10.25611.50. Cattle—Receipts. 4.C00: calves, 2 000 strong to higher traae on grain fed steers and yearlings: market active and new season’s' top of $16.25. paid for strictly choice medium-weight steers: slaughter steers good and choice. 1,300-1.500 Ibf si4 50616.25; 1.100-1.300 lbs $14,256 16 25: 950-1.100 lbs.. $13.75616.25; common and medium. 850 fed yearlings, good and choice, 750-950 lbs.. $13.75616: heifers, good and choice, 850 lbs. down. 513.50@15; common and medium. $9.75® 13.50; cows good and choice. $9.25612.25; common ana medium, $7.00@ 9.25; low cutter and cutter. $6.2567.50; bulls, good and choice, beef. $10.15611.50; cutter to medium, $7.75® 10.25; vealers. milk fed. godd and choice. $14616.0p; medium. sl2® 14; cull and common sß®l2; Stocker and feeder steers, good and choice, all weights, [email protected]; common and medium. $9.50® 12.25. Sheep—Receipts, 11.000- market active and 25c higher: native lambs. $14.50@15; top. $15.25; Oregons sls; yearlings. sl2; fat ewes. $5.506.6.50, top. $6.75; feeding lambs nominal; jambs, good and choice, 92 lbs. down, $14.50® 15.35: medium. $12.756 14.50: cull and common, [email protected]; ewes, medium to choice, 150 lbs. down. $5.50®6.75; cull and common. [email protected]; feeder lambs, gopd and choice, $12.50 6 13.65. By United Press EAST BUFFALO. July s.—Hogs—Receits, 2 500: holdovers 300; market fair, active, steady to 10c higher: 250-350 lbs., 5116 11 75- 200-250 lbs.. [email protected]; 160-200 lbs. $11.90612.25: 130-160 lbs. $11.90612.25; 90-130 lbs. $11.90@ 12.25; packing sows, $9.75 610.35. Cattle—Receipts, 300; market weak to 25c lower: calves receipts 900; market active, 50c higher; beef steers, $13,256) 14.50: light yearling steers and heifers, [email protected]: beef cows, [email protected]: low cutter "and cutter cows, $5.75®8; vealers. $16.50@ 17. Sheep—Receipts, 500; market active, strong to 25c higher; top fat lambs, $15®16; bulk fat iambs, [email protected]; bulk cull lambs, S6S7: bulk fat ewes, 59.75® 12, INTERNATIONAL PAPER COMPANY New York, June 12tb, 1929 The Board of Directors have declared a regular quarterly dividend of one and three-quarters per cent (1%%) on the Cumulative 7 % Preferred Stock of this Company, and a regular quarterly dividend of one and one-half per cent (IH%) on Cumulative 6% Preferred Stock of this Company, for the current quarter, payable July 15th, 1929, to holders of record at the close of business June 25th, 1929. Checks to be mailed. Transfer books will not dose. Owen Shepherd, Vice-Prts. and Treat. INTERNATIONAL PAPER cmd POWER COMPANY Boston, Mass., Jttne 12th, 1929 The Board of Directors have dedared a regular quarterly dividend of one and three-quarters per cent (1%%) on the Cumulative 7% Preferred Stock of this Company, and a regular quarterly dividend of one and one-half per cent (1 %2 %) on the Cumulative 6% Preferred Stock of this Company, for the current quarter, payable July 15th, 1929, to holders of record at the close of businessjune 25th, 1929. Checks to be mailed. Transfer books will not close. R. G. Ladd, dtt'l Treasurer

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS York Stock Exchange Chicago Sto*_k Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

New York Stocks

—July 5 Prev. Railroads— High. Low. 12.90. close. Atchison 246 244 *46 240 aei Lin? . - • • 201 200 • Balt & Ohio ...130% 129% 129% 123% Canadian Pac .2*9% 238 239 -39 * Chesa & 0hi0...247 245’= 24/ -44 rhesa Corp .... 83 82* a Q 3 * Chile nW. 94% 93% 94% 92% Chi Grt West .. 17% 17U %% %% C-RI&P ••• *34 Del & Hudson. .214% 213 213 212 Del and Lacks 129 12/% 128 1-8 Erie ........... SO ■ -st 80% 80 s *9 s Erie Ist pfd.... 65% 65 65 65% Grt Nor Pfd ....114% 114 114% 13% HI Central .. .. 146 * 146% Lehigh Valley.* 93% 92% 92% 93% Kan City South 100 99 99 99% Lou dd Nash.. .. .*■ IJg, M K and T 61 09% 59-s 60% Mo Pac pfd 140% 140% 140% 140% | N Y Central ..221% 218 219% 2%% , N Y C & St L 147 14.% I NY NH and H.... 110% 110% 110% 110%; Nor Pacific ....ill 7 * 110% 1111 107 a Norfolk and West 250 248 249% 245% Od W 25% 25 25 25 Pennsylvania .. 91% 90% 91 89% P & W Va • • ■ 1*5% Reading 117% 116% 117 116 Southern Ry ....10l 100% 151 150 Southern Pac ..141% 139% 140% 140 St Paul ....... 35% 34% 35% 34% St Paul pfd 04% 54-2 54 * 54% St Ld S W 100 98% 98% 98% St L and 3 F 126% 125% 125% 136 Union ipaeffle **.".244% 242% 244% 244% West Maryland 46% 45% 45% 45% Wabash j 72% 71% 71% 71% West Pacific 36% 36% Rubbers— . . Alax s'* 6 7 Fisk 8 3 4 BV2 3*4 8 s Goodrich 81 3 * 80 s b 81 Goodyear 129 127% 128 n 128* Kelly-Spgfld J 5% 00% United States... 52% 51% 51% 52 Equipments— „ „„ Am Car and Fdv.. 99 98 98 97% iAm Locomotive 127’* 126% 126% 125% Am Steel Fd..., 67% 66% 66- s 6.% !Am Brake S 56% ?6% 56% 56* I General Elec ....30 304 355 2 352 * Gen Ry Signal .118 117 117 lli Gen Tank 95% 94% 94% 95% N Y Airbrake.. 45% 44% 40% 44 Pressed Stl Car.. 17 16;.* 16-* 17 Pullman 87% 81% 87% 8. * Westingh Air B ... *‘.2 *'■ Westingh Elec .204 201 202 .00 :< buhlehem 114% 112*- I J?% 113^ 'Colorado Fuel... 66% 65% 65% 65% Crucible 105% 104% 104% 105 "a I Gulf States Stl 65% 66% Inland Steel , ?*% Otis 45% 45% 45% 45% Rep Iron and Stl 107 s * 106 106% 105 Warren Fdy 18% U S Steel 200 198% 199% 196% Alloy 47% 46% 47 47% Y'oungstwn Stl 142V* 143 Vanadium Corp 91 89% 89% 90% Motors— Am Bosch Mag.. 59% 58% 58% 59 Briggs 35% 53 % 35% 33*2 Chrysler Corp.. 78% 75% 77% 75% Eaton-Axle .... 65 64 65 65 Graham-Paige. .. 31*% 30% 31% 31% Gabriel Snbbrs.. 24% 24 24 24% General Motors 76% 75% 76 75% Hudson 89% 88% 88% 89% Hupp 47% 47 47 46 Auburn 389% 370 375 366 Mack Trucks... 99 ’4 98% 98% 99 Marmon 89% 88% 19% 89% Reo 23 Vi 23% 23% 23’4 Motor Wheel ... 44’* 44% Nash 88% 37% 88% 86% Packard 138 136% 136% 136'-* Murray B 92% 91% 91% 92% Pierce Arrow... 32 31? ts 3i 7 /* 31% Studebaker Cor. 79 78% Stew Warner.. 75% 75V4 75% 75 Elec S Batterv ... ... 79% Timken Bear ...110*% 108 109% 109% Willvs-Overland. 28% 27% 27% 28 Yellow Coach... 41% 40% 41% 41 White Motor... 45% 45% 45’% 46’% Mining— Am Smit and Rig 112 1104* 111’* 110% Anacorida Cop ..119% 117’* 118 117% Calumet & Ariz 130% 130% 130 Vi 42% Andes 53% 52% 53% 53% Nev Cons 48% 47% 48% 47% Granby 81% 80% 81% 80% Inspiration Cop. 46% 46V* 46% 46% Int Nickel 52% 51% 52% 51V* Kennecott. Cop. 93 9 * 92% 93% 92% Magma C0p.... 69Vi 69 69 69% Miami Copper.. .. 43% Texas Gulf Sul.. 75% 73% 75% 72% U S Smelt 59% 59 59 59% Oils— Atlantic Rf?.... 75 74% 74% 74% Barnsdale A 42% 41% 42 42 Freeport-Texas. 47% 47 47 46 Houston Oil 80% 80 80 81 Indp Oil and Gas.. 35 34% 34’* 35 Marland Oil .... 35Vi 35 35% 34% Mid-Cont Petrol 34 33% Lago Oil & Tr 34 Pan-Am Pet 8... 57% 56% 57% 56% Phillips Petrol. . . 38% 37V* 38% 37% Union of Cal ... 47% 48’* Pure Oil 27Vs 26% 27% 27% Prairie Pipe ... ... 59% Shell 26% 26% 26% 26% Richfield 42% 42H 42% 42% Sinclair Oil 37 36% 36% 36% Skellv Oil 43% 42% 43% 42Vi Std Oil Cal 73% 73% 73% 73% Sid Oil N J 57*% 57% 57% 57% Std Oil NY 39 Vs 39% 39% 59% Texas Corp 17% 17’4 17% 62% Transcontl 11% 11% 11% 11V* White Eagle 34 Industrials— Adv Rumely ... 36 Allis Chalmers.. .. ... ... 280 Allied Chemical. .329*% 327% 327% 328 Armour A 11% 11% 11% 11% Amer Can 160% 158% 158% 158% . Amßoll Mill 117% 'Berg Warner 120% Am Safety Raz.. .. ... 63 63% Am Ice 43 V* 43% 43'2 43 % Am Wool ... ... 17% Coca Cola 146’* 139% 142% 139% Conti Can 79% 78% 78% 79% Certainteed ... ... 24 Congoleum 22% 22'% 22% 22% Davison Chem .. 54% 53% 54% 53% Du Pont 172% 187 192 185 Famous Players.. 65% 65% 65% 66 Fox A 87Vi 86% 67 86% Link Belt ... 51 51 Gold Dust 67 66'4 66% 64% Glidden 62 61V* 62 61% Int Harvester ...111 109% 110% 100 Lambert 147% 146 146 147 Loev'S 59% 58% 58 Vs 69% Kostler 34% 33V* 34% 33% Mdntgom Ward..llsV? 114 115% 113% Natl C R 124% 120’% 123 122% Keith Radio ... ... 39% Owens Bottle .. 78% 78% 78% 78 Radio Corp 92V4 90 90% 89% Real Silk 79% - 78% 79% 77% Rem Rand 39 % 38 V* 38 V* 39% Sears Roebuck ..168% 168 168% 167% Union Carbide ..126 120 124% 119% Warner Bros ... 60 59% 59% 59% Univ Pipe ... llVi 11% U S Cs Ir Pipe.. 34% 30% 34% 30% U S Indus Alco. .187% 187' * 187% 186% United Aircraft. 13474 132’* 132 131% Woolworth Cos .. 92 7 a 92'% 92% 91 Utilities— Am Tel & Te1...231 228% 228% 230% Am F Power ... 116 Am Wat Wks ..142 139% 140 142 Brklyn-Manh T 61% 62% Col G & E 84% 83% 84% 84% Consol Gas 128% 127% 127% 127% Elec Pow & Lt.. 79 78% 78V* 78'% Pub Serv N J... 110 108’% 108’% 109% Nor Am Cos 148 146% 147’% 147% So Cal Edison... 64 7 s 64% 647% 65 United Corp 67% 66% 667% 66'% Std Gas & E 1... 119% 119'/* 119V* 1187% Utilities Power.. 45% 44% 44’* 45'% West Union Te 1.205 203 V% 205 201 Shipping— Am Inti Corp .. 73% 72'% 72'% 73% Am Ship & Com 37% 3% 3% 3% Ati Gulf &W I. 63% 62% 63% 63% FUNERAL HELD HERE FOR MRS. TAGGART JR. Daughter-in-Law of Late Democratic Chief Is Buried. Funeral services for Mrs. Adele Wilson Pringle Taggart, wife of Thomas Taggart Jr., who died Wednesday ac the French Lick | Springs hotel, were held this afternoon at Crown Hill cemetery. Dr. Lewis Brown, rector of St. Paul’s Episcopal church was in charge of private services. Burial was in the Taggart family lot. Death, which came suddenly, was due to an acute dilation of the heart, according to Dr. A. H. Herold, | the family physician. Mrs. Taggart had been in poor health for some months and had been treated at various American health resorts. Surviving are the husband, son of the late Thomas Taggart, famous Democratic political leader, and a daughter, Eva Taggartt, 5, who is in the east at the summer home of her grandmother, Mrs. Thomas Taggart Sr.

(By Thomson & McKinnon)

Inti Mfi* M pfd. 46% 45 46% 45% United Fruit H5-* Foods— .. Am Sug Rfg .... 77 *6% *7 •' Kroger . ... 86% 85% 85 B5 California Pkg.. 76 75% .5% *5% Corn Products ..101% 100% 100% Cuba Cane Sup }**% Cuban Am Sug . 13% 13% 13% 13* Flelschmann Cos. 91% 89 90 83% Kraft Cheese .. . 48 47% Natl Biscuit 203% 200 203 191% Punta Alegre ... 18 16 18 ... ; Postum Cos 76% 75% 76 .3% Ward Baking B. 10% 10% 10% 10% Tobaccos — Am Sumatra ... 38% 38% 38% 39% Am Tobacco 8..177% 176% 177% Con Cigars 75% 76% General Cigar,. .. ... ... 70*s Lig & Meyers... 90’ 90 90 88 Lorlliard 25% 24% 24% 24 R J Remolds ... 59 57% 58% 57% ;Tob Products B. 15 14% 14% 14% I United Cigar St, 15% 14% 15% 15% I Schulte Ret Sirs 18% 17% 18 17% J Grand Union c . 24% 23% 24% 24% Grand Union pfd 45% ...

Other Livestock Bu United Press PITTSBURGH. July s—Hogs—Receipts. 2.500; market, strong; 250-350 lbs.. Sll.2ft @l2: 200-250 lbs.. . 11.750.12.25: 160-200: lbs.. [email protected]: 130-160 lbs.. [email protected]: ■ 90-130 lbs., $11.25® 11.75; packing sows. [email protected]. Cattle—Receipts, none: calves. I receipts. 100: market. 50c higher; beef j steers, sl2® 14.75. light yearling s'eers and ; heifers. $11.50® 14.50: beef cows, $8@1!; | low cutter and cutter cows. $5.50® 7.50. I vleares, sl4® 16.50: heavy calves. sll® 11.50. Sheep—Receipts. 500: market, j strong to 25c higher: top fat lambs, sls. j bulk fat lambs, sl3® 15: bulk cull lambs. s9® 11.50: bulk fat ewes, $5.50@6; bulk j feeding lambs, [email protected]. Bu Times Special LOUISVILLE, July s.—Hogs—Receipts, 600: market, 20c higher; mediums and i lights, 130-300 lbs., $10.70® 11.55; extreme' heavies. 300 lbs. up. $11.05; pigs. 130 lbs,, down. $7.45® 8.70: stags and throwouts, ■ [email protected]. Cattle—Receipts. 100; market. ! steadv: prime heavy steers. sl2® 14 heavy i shipping steers, sll® 12; medium and plain ! steers. $9.50®11: fat heifers. $8.50® 13: good to choice cows. sß® 9.50: cutters. $6 ®6.50; canners. ss'a 5.50: bulls. $7 50® 7; | feeders. $9.50® 12: Stockers. $8.50® 11.50. Calves—Receipts. 200; market. 50c higher . fancy calves. $13.50: good to choice. sll® 13; medium to good, $8@10; outs. SB. Sheep—Receipts. 2,000; market, top lambs ; 25c higher: seconds and sheep steadv ewes I and wethers. sl4 50; seconds. $8.25® 9 25; buck, lambs. $13.50; sheep, $4.50® 5.50 Wednesday's shipments: Cattle. Ill* calves 258; hogs, 295; sheep. 2,736. By United Press CLEVELAND. July s.—Kegs—Receipts, 1,100; holdovers. Ill; market, sows and stags steady: others. 25c higher: 250-350 lbs.. $11.25*® 12: 200-250 lbs.. $11.85® 12 10 160-200 lbs.. $11.90® 12.10; 130-160 lbs $11.90® 12.10; 90-30 lbs.. $11.85 V 12.10; packing sows, $9.50® 10. Cattle—Receipts. 150; market, grass steers shows improvement* strong to 25c higher: cows, steady. Calves —Receipts, 200: market, vealers erratically 50c to SI higher; beef steers SB®9 low cutter and cutter cows. s6®.: ,-alers $15.50® 18.50. Sheep Receipts *SO : market, steady; top fat lambs. $15.25; bulk fat lambs. $14.50® 15; bulk cull lambs $12.50® 13.50; bulk fat eves. $6®.6.50. Births Girls Jerry and Mamie Anderson. 1005 Marion William and Lenora Hayes. Coleman hospital. Hubert and Helen Simpson. 1835 Fletcher Elvis and Elsie McGufTev. 1337 South Belmont. Claud and Martha Chandler. Christian hospital. Anthony and Lora La Rosa. St. Vincent's hospital. Owen and Ellen Healy, St. Vincent’s hospital. James and Mary Downs. 931 Bates. Zeno and Bessie Weber. 407 Hanson. Roger and Oretha Baird. 2901 Prospect. George and Julia Garcean, Coleman hospital. William and Marie Branham, 935 Spruce. Jack and Anna Carr. St. Vincent’s hospital William and Gladys Phillips. 5225 North New Jersey. Philip and Mary Huff, 401 East Eleventh. James and Agnes Green. 740 West Twelfth. John and Anna Perkins. 3544 Orange. James and Gladys Smither, 641 Langsdale. Bovs Francis and Edna McClintock, Coleman hospital. Otto and Chelsea Jones. Coleman hospital. Elden and Helen Baker. 845 Birch. William and Tempie Young. 1841 West Morris Leroy and Dorothy Witter, St. Vincent hospital. Arthur and Clara Lee, Coleman hospital. Anton and Sadie Anderson. St. Vincent’s hospital. Daniel and Jean Young, St. Vincent’s hospital. Fred and Marcella Pain, St. Vincent’s hospital. Thomas and Gladys McMahon. St. Vincent's hospital. Walter and Sylvia Eickman, St. Vincent's hospital. Frank and Bessie Green, 2405 South Meridian. Jessie and Lucile Carter. 636 Hudson. William and Helen Coleman, 1413 East Twenty-fourth. John and Mollie Wilder. 951 Bell. Thomas and Laura Roberts, 1007 East Georgia. Earnest and Ivah Dimick, 1325 Ashland. Joseph and Verna Gwlnn. 2813 McPherson. John and Eula Skillem, 813 South Missouri. Wilbur and Mary Dittrich, St. Vincent's hospital. Frank and Ruth Oslos, Methodist hospital. Ernest and Ruth Reeves. Methodist hospital. Roscoe and Iva Lavin. Methodist hospital. John and Lois Miller. 2216 Wheeler. Verne and Edith Overton, 2918 Indianapolis avenue. Gilbert and Stella Jones, 538 Leon. Deaths Susan M. Smith, 45, Long hospital. Carcinoma. Jennings T. York, 71, St. Vincent hospital, toxemia. Charles A. Hicks. 51, 316 North Wallace, angina pectoris. Laura Mays, 3 mos., 7843 Camp, patent foramen ovale. Fredrick R. Wortman, 15. 509 North Drexel. septicaemia. Kate C. Foust. 74. 1716 North Illinois, cerebral hemorrhage. Elizabeth Ann Hilsabeck, 66. St. Vincent’s hospital, toxemia. Jack Coleman. 50. 518 North Illinois, uremia. NEIGHBORS TAKE FIGHT TO COURT; BOTH LOSE Each Fined $lO for Assault, So Battle Is a Draw. By United Press PORTLAND, Ore., July s.—William McConnell and L. B. Thompson, neighbors, fought to a draw here. They carried their fight into court and both lost. “It is the judgment of th court that both of you are equally guilty of assault and battery. The fine will be $lO in each case," said Judge ! Mears. Thompson agreed to pay the fine, | but there was some doubt *as to I whether McConnell would until the judge spoke up again. McConnell wanted to appeal his I case. He was informed that no apI peal could be taken when the fine is ; less than S2O. “I’ll be good to you and make the ! fine SSO so you can appeal,” Judge | Mears said. No appeal was filed. GLACIERS MEASURED Swiss Geologists Also Are Taking Temperatures of Ice Rivers. Bn limes Special PARIS, July 5 Swiss geologists have been busy taking the temperature and stature measurements of that country’s glaciers. Nine-two of the ice mountains : have been surveyed and seventy--1 three of them are found to be : shrinking. These ice masses are constantly i shrinking and decreasing in size, j as comparison of figures gathered ! in past years show. Establishes Work Record COLUMBUS, Ind., July s.—John Cathers, who resigned as third en- ; gineer at the city water works, has ’ a record for five years and a half i of never being off a day and never late to work.

PAGE 25

HEAVY RAINS, HEAT CUT DOWN STATE WHEAT Crop This Year Below Normal. but Bigger Than Last Year. Heavy rains and continued hot weather have blasted expectations for an above normal yield of wheat in Indiana this year, according to reports from the Indiana Farm Bureau given out- by j. R. Moore, editor of the Hoosier Farmer today. Farm leaders, who returned this week from a trip through the grain fields of the southwestern part of the state say that threshing reveals a low yield and swiveled grain. This is attributed to unfavorable weather conditions during the spring and summer which ripened the grain too fast. Damage to grain by recent storms, is unestimated, but is considered slight. The greatest damage is in the central part of the state, no reports having been received further than fifty miles from Indianapolis. Although this year's wheat acreage is only 73 per emit normal, it shows an increase of approximately 500.000 acres move than last vear. This is due to the fact that Indiana witnessed a wheat failure in 1928. It is estimated that the 1929 wheat" yield will be about twenty-five million bushels, as compared with only 9.590.000-in 1928. Moore stated, there probably are | 500,000 fewer acres of corn under | cultivation in the state this year' j than last. Many farmers were forced to | abandon corn planting because of ' flooded field', and, in general, the corn crop is from two to three i weeks late. Prospects for the finest hay crop ui many years are apparent. Indications for bumper croas of clover, timothy and alfalfa are good all over the state. Farmers are now busy in the hay fields. The 1929 hav yield is expected to exceed the 2,481.000 tons produced In 1928. ANCIENT INSTRUMENTS j OF SURGEONS FOUND Probes and Forceps Similar to Those in Use Today. Bn Times Special CHICAGO, July s.—Surgeons of 2,000 years ago used instruments similar in shape to those of today. ■ This was shown by probes and for- | ceps uncovered in the buried city of j Pompei, Italy, and recently exI hibited in London, England. { The large number of probes in | comparison to other instruments of ! che collection suggests that cutting | was a large part of surgical work : before A. D. 79, when the eruption I of Vesuvius buried the Italian city. | While the shapes of the ancient instruments in some cases are al- | most identical with those of the | modern surgical tools, their steel is j less flexible. The absence of saws from the collection indicates that amputations were rarely attempted, largely because of a lack of knowledge about circulation of the blood, says Popular Science Monthly. •DROWNS’ GRIEF AFTER AUTO. MONEY BURNS Montana Indian Claims Original Hard-Luck Role. BILLINGS. Mont., July s.—Victor Three Irons, Crow Indian, claims to be the original hard-luck guy. The Indian drew $350 from a Mardin (Mont.) bank, found a friend to accompany him, and | started driving to Billings to de--1 posit the money as a neavy pay-' j ment on his automobile. Four miles out of Billings the car, ; suddenly unruly, bucked out of Victor’s hands, flopped over and | burned. Victor and his friend crawled out : of the wreck with a few bruises and | were brought to Billings by a passing motorist. Then Three Irons discovered that 1 | the $350, in bills, had been left in | and burned with the car. When police last saw- the Indian, he was reported doing his utmost ;to drown his grief in Montana moonshine. NO FARM HELP NEEDED; 15 CHILDREN IN FAMILY Eleven of Working Age, Group on Way to Canada. HALIFAX, July s.—Farm help will present no problem to Pa and i Ma Morgan Walters of Cross Hands, Llanelly, Wales, who are on their way to Canada to go on the land. With whom they have their fifteen children who range in age from 4 to 24, seven strapping boys and sight girls. All but four of the Walters chil- | dren are of working age, and two lof the boys are farm laborers. The remainder theoretically tilled the ' soil and produced crops by the ftre- ! side during the cold winter evenings in their home in W’ales by taking up a home study course in Canadian farming conducted by the conolization department of the Canadian National Railways. They now go forward with a sound knowledge of the work they are about to undcrj take. The whole Walters family w ill take up land in the Woodstock district of New Brunswick. RATS BLOCK TRAFFIC CLEATOR MOOR. England, June i 5.—A horde of rats followed by a swarm of their lesser km, the mice, ; stopped traffic on a main road near ! here. The rats kept closely grouped and made tne road appear ''lack as they crossed. Several thousand rats ! crossed the' road in the ten minutes. j, >• :