Indianapolis Times, Volume 41, Number 74, Indianapolis, Marion County, 6 August 1929 — Page 14
PAGE 14
STOCK MARKET STEADY AFTER SHARP LOSSES Decline of Call Money to 8 Per Cent Helps Halt Break.
Average Stock Prices
Average o 1 twenty industrial? Tuesday v?.* 352.50 ofT 3.12. Average of twenty rails was 174.67, off 73. Average ol forty bonds was 92 73. off .13 and 1929 low. By f nir I'l Pn.-> NEW YORK. Aug. 6—Mountains of bear news were gradually leveled off as the Stock Exchange session progressed today and the list recovered swiftly after experiencing one of the worst setbacks in weeks. For a time prices were down 1 to 7 points in all sections and a few losses extended beyond that point. Utilities, coppers, a few of the rails and the leading industrials wore the first to rally. Their strength gave confidence to the vast trading public which was eager to buy stocks at the reduced levels of tiK earlier reaction. Earl selling was caused by stiff call money at 12 per cent by a precipitate break in Insull Utility Investments on the curb and Chicago c: changes by fears of a rise in the English bank rate, and by a break in wheat *at Liverpool. Winnipeg. Chicasn and other grain centers of A m erica call Mon-- Uown The rail moi'ey lactoi was eliminated when (lie rate declined to 10 per cent and finally to 8 per cent in the afternoon. Insul’ Utility rallied sharply under strong suppcst. and lha; cause for alarm was ta';ei away. For a time however, tb- situation was fil’cd with awesome possibilities as price • of this Chicago holding company were hammered down. On the C’vcago market Insull was down 28 points at ore time and at 02 it va off 68 points from the high reached Saturday’. ‘'Topper stocks made the b-st shov - in'’ on the board, coining out in long strings Shat indicat'd heavy accumulation by buyers throughout the country. Anaconda r n up about two points and wide gains were made in Kcnnccott American Smelting, Nevada and Green Cananea. Utilities Strong NatHnal Power and Light led the utilities with an advance to record territory above 6D. compared with ’lie previous close of 66'-. American Water Works came within a traction of its peak on a wide advance, and Standard Gas rallied sharply from an early break. Radio mounted and a good-sized recovery took place in International Telephone and Telegraph. United Slates Steel rose above 212 and held its gain, while wide gains from their early lows were made by General Electric. Allied Chemical. American Can and Wcstinghousc Electric. Railroad stocks were quiet, but recovered partly, as did many industrials. For a time New York Central was off 7 points, more than half of w hich was made up.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis hank clearings Tuesday Aug. 6. $4. 18?.000: debits, 58.470.0W1. NEW YORK STATEMENT Rw T'nitrd Press NEW YORK. Aug 6. Bank clearings, SI *76 non. 000: clearing house balance. $175 000,000: federal reserve bank credit balance. 6170,000.000. TREASURY STATEMENT f l ni/rfl Press WASHINGTON. Aim. 6 Treasury net balance \uc .7. 5154.362.491.81; customs receipts. $6,187,315.61. CHICAGO STATEMENT £•/ T nitrd Press CHICAGO. Auc. 6. Hank clearings. ♦153.700.000 balances, 5i6.000.000. FOREIGN EXCHANGE B" rfilled Pi cas NH'V YORK. Aug. 6 Foreign exchange rinseu lower. Demand Sterling. 54.84 25-32. off 001-32 C franc 39! 5-16 c off 003-16 c: hra 5.22 11-16 C, off .90!c; Belga 13.89 c. off .OO'.’C. Starting with only one microbe, and giving it sufficient food, at the end of twelve hours there will be about eighteen million microbes. At the end of six more hours there will be nearly eighty million.
Shoe Repairing flll'ul Why pay more? . . Our workmanship is the best, we use only first quality uHv leathers and ma- /|hL teria’s . A first- j class job is guar- JT anteed. I if desired. equipped shop repair department in the [THRIFT SHOE STORE Merchants Bank Bldg., Downstairs Cor. Washington and Meridian Sts.
New York Stocks ' 'Bv Thomson & McKinnon* ————
—Aug. 6- • Prev. Railroads— High Low !2 o<l close. Atchison . . 264' 259 ; , 260% 260'. Ail Coa.it Line 195 195 195 196' Balt fc Ohio.. 134’* 133 133'a 133% Canadian Pac . 227’, 225". 225% 225 Che. a A Ohio. .255 251'. 251'. 256 Chcsa Corp 83 82 X 82 X 85 Chi ii S West . 90 . 89'.- 89' 90% Chi Grt West.. 15- 15 15% C R I <t P 11l 136'. 136* 138'. Del A Hudson . 217 216 216 219'. Del A Lack a ...149’. 149 149 149 Erie 87% 84', 85% 85-. Erie Ist aid 62'. 62'. 62% 62% Grt No T ....... . 119 Lehigh Valiev.. 92 92 92 Kan Citv South 102'. 102', 102% 103 Lou A Nash.... 145 M K A T 57% 55% 55 3 ♦ 58. Mo Pac pfd. . . . 138% N Y Central . 235% 230 232 237 * N Y C A St L.. 160 157% 159 NY NH A H....!19% 117’, 118 118% Nor Pacific 107 106% 107 108% Norfolk A West . 252 Pennsylvania .. 96% 95 95% 95% P A W Va 1411* Reading 120 119% 119% 121 Southern Rv .154 152% 152% 153 , Southern Pac ..140% Ito 140%- 142'., St Paul 39 'a 39 39 39% S’ Paul old . (10 59% 59% 60 St L A S W 101% 'Ol 101 10! St 1. A S F 129 128% 128% 129 Union Pacific 269% 265 266% 270% W- Mar-land 45% 14'- 44% 15 Wabash 74% 73 ■ 73% Rubbers— Ajax 4% 4% 4% 4', Fisk 7% 7% 7% 7%. Goodrich 75% 75% 75". i3% Goodyear ....119 116' 117% 118*'* Keiir-Spgfld 12% 12% 12% 12% L-e 13 13 13 13% United Stares .. 47% 47 47 47% l.quipmrnts— Am Car A Fdv.. 99% 99% 99% 100 Irn Locomotive 128 128 128 128% Am Steel Fo .64 63 63 64% An Brake Shoe 5f% 58% 58% 59 C.sirral Flee . 389 383 385 288 Gen Rv Signal 120 116 116% 118% Grr Tank .101 98% 99% 99% N Y 5 rbrake . 44 44 44 44 f'rr -n stl Car 18% 18' 18% 18% Pullman . 86% 86% 86% 87% WcMing Air B 55% 55 55% 55'.* Wcitingh Elec . 237% 235 236% 237 Steels— Bethlehem 121% 120 121% 121% Colorado Fuel .. 68% 67 68’, 66% Crucible . 104%. Gull' state- Stl . 69% 68% 68% 70 Ii land steel 94% 94' . 94% 94 Ot.i 46' • 45%. 43' ■ 46' R-p Iron A* stl.llo'. 108’* 109% 110% U .5 Steel 212 3 * 209% 210% 212 Alloy 53% 51% 52% 53-% Vanadium Corp 84% 84% 84%, 84% Motors— Am Bosch Mag . 60% 60 60 60 Pt 128.- 34 33% 33% 33% ciir -ler Corp .. 75% 73% 74% 7.6% ! ton V.le .. 61' 6n% 60% 60 1 i. ham Paige . 26 25% 25%. 25% Gel-s,el Snbbrs. . 21% 21' 21% ... oral Mo;or.. 72' • 71% 71%. 72% ’ Ud. cn 85% 84% 84% 85% ;op 42% 41% 41% 42' ' obnrn . 415 % 410 110 414 •1 c,: Motor . ... 99% 96%. 98% 96 :% rmon . .87% 84 85 88% 22% 37% 22% Motor Wheel .. 51% 51 51 51% h 89% 87' • 87% 89% P->c.ard 132 131% 131% 131% :t irra- R 91'% 90 90 90%. P er< - Arrow ...... 33 Si dehal.er Corp 77% 76' • 76% 76% ',*- Warner .. 67’ ■ 66% 67% 69 S Batt-rv.. 86 86 86 85% t 1:1 Re-.r ini ion inn im% Overland. 24% 24 24% 24% T Coach .. 37% 36% 36% 37-% Motor .. 40% 39% 40% 39% v'% & 1Mp.117% 116% 116% 117 v.irin Cop. . . . ■ 118% - H ... 45% 44% 44' 45% ( ns .. . 47' 46% 16% 48 • ~n Can C0p.175 175 175 178% I.ration Cop 46’ 45% 45% 46% .it Nickel 50% .183, 50% 51% X .illCCOtt COD . 89 , 87" 1 88'.* 89% Magma Cop .... 71 09% 69% 72% Miami Copper . . 44 : • 44 44 44'•t ? Galt Sul. . 71 % 70% 70% 71 % U 3 Smell 56 56 56 58 Oils— Atlantic Rfc ... 64% 63% 64 64% Bill indole 34% 3.3 % 33 % 34% I rccport-Tcxa ?. . 42% 42%* 42% 43 Houston Oil .... . 74 75% Inap Oil A Gas 30% 30% 30% 30% Coni Oil . 29% 29% 29% 29% Mid-Cont ret sol 32 I 32 32 33 La go Oil A Tr.. .. „ 31 Fan-Am Pc' 8.. 59% 58 5,3 59% Phillips Petrol 35% 35% Prairie O A G. 51 50% 51 51 Prairie Pipe... . . . 60 Pure Oii 25% 25% 25% 25', rti'-hfleld 39% 39% 39% 39% 1 •Shell 26’- 26 26 26% Simms Petrol ... .73% 37’. 33% 37% Sinclair Oil 33% 33% 33% .33% Skrllv Oil tn% to in to Stci Oil Cal 70 , 70% 70% 70%. Sic, Oil N .1 57% 56% 57 58% Si cl Oil NY ... 38". 38'- 38% 38% leva. Corp 61% 60% 60% 60% • Transcontf .... 12% 11% 12 11 3 , White Eagle 32% 33 Industrials— Adv Rumclv 50 33% Allis Chalmers .271 270 270 274":, Allied Chemical 309 303 303 312 Armour A . . 10% 11 mer Car. ... 165' ifij 163%. 165% Am Roll Mill 122% Borg Warner .. .116% 114 111 116%, Am Safety Rar.. . ... . . 66 Amcr Icc 18% 47% 48 47% Am Woolen . 18% 19% Curtis ■ 156%* 153% 153% 156", Coca Cola 145% 146% Conti Call 77% 76 76 77% Certaintcrd .... 39 28% 28% 26'.*< Congoleum V .. 23% 33% 23% 23% Davison Chcm.. 49 48% 48% 49 Dupont . . ... 195% Famous Players 66--* 65 % 65% 66’* Gen Asphalt ... 87 86%. 86' 87% Fo\ A 88%, 87% 87% 88% Gold Dust 62% 62 62-% 63 Olindcn 59% 58% 58% 58% L.it Harvester ..122''* 120% 122 122% I amber; 141% 140% 140% 142% Loews 60% 59 59 58 Kolster . . ... 33%. 32 1 - 32%, 34%. Montgom Ward 115% 112% 114% 115% Nail C R 127% 124 124 126 Radio Keith 39' 38 38 s * 38"', Radio Corp 85% 82% 84 84% Real Silk 78% 78 78 78% Rem Rand ... 48 46% 46% 47% Sears Roehuck ..161% 159 159 161% Union Carbide ..118 115% 116% 118% Warner . . 57% Univ Pipe 10% 10% to'', 10%. U S Cs Ir Pipe . . . 28 29 U S Indus Alco .180 177 177 179 Worthington Pu 72% 71% 72 72% Wool* orth Cos.. 89% 88% 88% 89% Utilities— Am Tel A- Tel 286 280 % 282% 288 Am 1 P0wer...146% 143% 145% Am Wat Wks... 144 138 139% 149% Brklvn-Manh T 60% 60% 60% 60% Col G A E 94% 9.3% 93% 95% Consol Gas 160', 1.39 160% 162% Eire Tow A Lt. 81% 78 80 85%. United Gas .. ... 57 Pub Serv N J. 117 115% 116% 184%. Man Elec Rv . . 117% So Cal Edsion.. 77% 75% 75% 76% United Corp.... 71 69% 69% 70"* Std Gas A El.. 141% 136’- 138% 142': Utilities Power 57 55% 55% 57% West Union Tei .. ... ... 216 shipping— Am Inti Corp.. .. ... ... 77% All Gill! A W T * 2
Inti Mer M p/d 28 United Fruit.... .. ... ... 116% Uood*— Am Sug Rfg ... . 82% 82% Kroger 86 f 85- 3 85 s * 89% Purity' Bakeries 139% 138 128% 139 Beechnut Pkg.. 38% 87 87 38 California Pkg 77% 77 77 73 Corn Products. 38 96% 96% 98 Borden 93% 92% 93% 94 , Cuban Am Sug 13% 13% Fleischmann Cos 92% 92% 92% 93 Grand Union.. 27% 27% 27% 27’. Nat! Biscuit 208% 206 207% 20,-. Kraft 52 50% Postum CO 71% 71% 71% *2 Ward Baking B ... ...' ... H% Tobaccos— Am Sumatra ... ,35. Am Tob B 179 177 177 176% Cofi Cfgars 69 1 * 68 68 68 Genera,. Cigar.. 70’* 70% 70% 70 i Lig A Meyers.. 88 87% 8.% 88’ Lorillard ... 23-, 23% R J Reynolds.. . ••• Tob Products B 13% 13% 13% 13% United Cigar St 14 13% 14 14 Schulte Ret Strs 19'* 19% NATIONAL CITY NOW IN MEXICO One Hundreth -Branch in Operation Today. By I ait ril Press MEXICO CITY. Aug. 6.—The National City Bank of New York's one hundredth branch was in operation here today. The establishment of the bank here gives the huge New York financial institution representation in twenty-five countries. The principal feature of the Mexican invasion is the reduction in current interest rates amounting to from 2 to 3 per cent and the effect the National City will have on British and other European banks that have so far controlled the banking business of Mexico. A banquet celebrating the opening was attended last night by United States Ambassador Dwight W. Morrow. officials of the bank from New York. Mexican government officials and 200 leading financial and business men of the capital.
In the Stock Market
Bn Times Special NEW YORK. Aug. 6.—A few millions were clipped from values of a leng list of stocks at the opening of the Stock Exchange today, but a fair number were enhanced in value and the initial losses were reduced in early trading. New Haven was an early feature, opening at 119%, up %, and anew high record since 1913. The issue was active and held its early gains, buyers taking the issue on the expectation of a divided increase from the $4 rate now being paid. Several of the rails were in demand. as were utilities. Losses were recorded ir several of the leading industrials. National Power featured the opening, the first block being 15.000 shares at 68. up 1%, and anew high This sale, at a cost of more than a million dollars, was the signal for further buying in the utility issues. United Corporation opened 5,000 shares at 71, up ’4, and continued in demand, and American Waterworks rose 2% points to 144.
On Commission Row
FRUITS Apples—Choice. s2f7i 2.25: new Transparent Icy. $3,504/4: harvest. 82.50413: Wolf Run. $3.50: Red June, $34/5; Wealthy. $3. Apricots—s2,7s4/ 3. Cherries—California, .$4. Grapes—California, seedless, $5 a crate: Malagas. $4 a crate. Lemons —California, a crate. $144/15. Limes—Jamaica. 100 b.v count. $3. Orange—California. Valencia. $3.75458. Peaches—Hiley Belles, per bu., $3; Elberta peaches. $2.50ft?3. Plums—s2.7s. Raspberries—Michigan, black, $3; red. $3.50@4. VEGETABLES Asparagus—Home-grown. [email protected] a cioz. bunches. Beans—Green, stringless, $1.75®2. Beets—Home-grown, dor.. 40r. Carrots—Home-grown, doz.. 50c. Cabbage—[email protected] a bu. Cantaloupes—Jumbo. $34/3.50; pony crate. $34/ 3.50: flats. $1,504/1.75. Cauliflower—Home-grown, bu.. $2; Washington. crate. $3.75. Corn—Homegrown. 35c dozen. Celery—California, per crate. $4.25. a doz.. 60c. Cocoanuts—ss.so a bag of 100. Cucumbers—Hothouse, per dozen $1.25. Eggplant—Sl.soQ2 a dozen: $2(3x2.25 a hamper. Kale—Spring, a bushel. sl. Lettuce—California Iceberg. $8 a crate; home-grown, leaf, a bushel, 85c. Mustard—Per bushel. sl. Onions—Washingtons. $3.50/< 3.75 .a bag. Parsley—Home-grown, dozen bunches, 45c. Peas—Home-grown. $4 a hamper. Peppers—Home grown. $2 a bu. Potatoes —Virginia Cobblers. $6 a barrel, Kentucky Cobblers 150 lb. bag. $5.25: Minnesota. $3.50 a bushel. Radishes—Button hothouse, dozen. 50c; Southern long red. 154/25c dozen. Rhubarb—3o4/35c dozen. Sweet Potatoes—Alabamas. $1.75®2. Tomatoes —Home-grown hothouse. 10-lb. basket. $1.25: home grown. $2 a bushel. 15 lb. basket. $1.25. Watermelons—Florida. 65c each.
Produce Markets
Butter iwholesale/ -No. 1. 454/ 46C No. 2 33'■ 45c. Buttcrlat —Lt.. 43c. Cheese /wholesale seling price per poundsAmerican loaf. 35c; pimento loaf. 40c- Wisconsin firsts. 25c; prime cream, 37c: Daisy. 25c; Longhorn. 26c; Irew York limberger! 30c. , . , , Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. strictly fresh. 32c; N °Pouitry C tbuying prices>—Colored broilers under I*2 lbs.. 24c: 1 1 / to 3 lbs.. 26c; 3 lbs. or over. 28c: hens, 26c: Leghorn hens. 21c: old cocks. 15c: duck*. 16 * 17c: spring guineas. 30c: turkeys. No. 1 young tom?. 3oc: No. 1 old toms. 224? 23c; No. 2 old hens. 25 " 30c. NEW YORK. Aug. 6.—Flour—Weak and lower- spring patents. 57.45'" 7.90. PorkQuiet Mc.s—s32 Lard—Steady. Middle West Spot—sl2.4o'.; 12.50. Tallow—Firm: special to extra. '/■'a 7-\c. Potatoes—Firm: Lon- Island. -S??" 5.50 per barrel: Jersey. $1.50/;? 5.50 per basket: Southern. $1.50r<?6.'25 per barrel. Sweet Potatoes—Firm: Southern $2.75 </8 per barrel: Jersey. $1.60’ 2.50 per basket. Dressed Poultry—Barely toady: turkeys. 25'./46c: chickens. 276/46c: fowls. 20'" 33c: ducks. 18 " 23c: ducks. Long Island. 224/25c. Live Poultry—Dull: geese. 13'./15c: ducks 164/22c: fowls. 25'/31c: tuskevs. 204/ 35c: roosters. 214?22c: broiler-. 27f/ 38c. Cheese Quiet: state whole milk fancy to -pedal. 27 1 j 4/ 29'bc; Young America. 231/28c. Bn T nit,,l Press CHICAGO. Aug. 6.—Appica $1,754/ $3 00 per bushel.
Local Wagon Wheat
(Stity grain ele- ators arc paying sl.lß for No, i red wh’at and *1.13 for No. 2 hard wheat. Building Permits S. Estall. garage. 2016 Park. 4300 L. E. Richardson, porch, 443 South Oakland. S2OO. Sterling Laundry, building. 749 Lexington. $20,000. C P. Lehr, garage. 1620 East LeGrandc. S4OO. Emrick Furnace Company, repair. 324 West Morris. S4OO. H. G. Lehr, garage. 1014 South Belmont. $250. , C. Kruse, garage. 1437 South Alabama. S3OO. G. C. Murphy Company, remodel. 1053 Virginia. $17,500. O. Martin, garage. 2123 Boulevard place. S2OO. N. Noe. boiler. 1934 North Alabama. S7OO. F: E. Drake, dwelling and garage, 4204 Sunse*. $4,250. J. N. Ritter, dwelling and garage. 5850 North Delaware. 57.300.
THE INDIANAPOLIS TIMES
PORKERS SHOW STRONG TREND AT CITY YARDS Cattle Look Higher. With Veals Steady at sls Down. July Bulk. Top. Receipt*. 30. SI 1.25* 12.09 $12.00 6,000 31. i1.254i12.00 12.00 5.000 Aug. 1. 11.25 V/ 12.00 12.10 6,500 2. 11.504/ 12.25 12.25 6.000 3. 11.254/ 11.90 12.00 5.000 5. 11.304 V 12.00 12.00 4,000 6. 11.30% 12.00 12.10 6.500 Hogs were mostly steady today at the Union Stockyards, a few lights and underweights selling 10 cents higher. The bulk. 140 to 260 pounds, were selling at $11.30 to $12.00. Top price paid was $12.10. Receipts at the yards were 6.500. holdovers, 650. Cattle are beginning to show a stronger tone than last week. Some sales were recorded today 25 cents higher. Beef steers were holding around sl6 or better. Vealers were steady, selling at sls down. Sheep and lambs were steady with best lambs bringing sl3 to sl4. Fat ewes were $4.50 to $6.50. Throwouts sold at $9 to $11.50. Chicago hog receipts today were 14,000, including 2,000 directs. Holdovers were 5,000. Trading around steady with Monday’s average; sl2 to $12.10 paid for 180 to 200 pound weights. Cattle receipts in Chicago today were 6,500; sheep, 3,000. Indianapolis hog prices today: 250-350 pounds, $10.50 to $11.30; 200-250 pounds, $11.40 to $11.90; 160-200 pounds. sl2 to $12.10; 130160 pounds, $11.75 to sl2; 90-130 pounds, sll to $11.50, and packing sows, $8.50 to $9.50. v Cattle receipts. 1.450; calves receipts, 600; market, slaughter classes steady to 25c up; vealers steady; beef steers, $11.50 to sl2; beef cows, $8 to $10; low cutter and cutter cows, $5.50 to $7.25; vealers. sl4 to sls; heavy calves, $7 to $12.50; bulk stock and feeder steers, $8.50 to $11.50. Sheep receipts, 1.600; market steady; top fat lambs, $1; bulk fat lambs, $12.50 to sl4; bulk cull lambs, $8 to $10; bulk fat ewes, $4.50 to $6.50. * —Hogs— Receipts. 6.500; market, higher. 250-350 lbs $10.504/11.30 200-250 lbs. 11.404/11.90 160-200 lbs 12.0041*12.00 130-160 lbs 11.754/ 12.00 90-130 lbs I 11.004/11.50 Packing sows 8.50@ 9.50 —Catle— Receipts, 1,450; market, strong. Beef steers $11,004/15.00 Beef cows 5.004110.00 Low cutter and cutter cows.. 3.504/ 7.25 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 600: market, steady. Best veals $14,004/15.00 Heavy calves 7.00*312.50 —SheepReceipts, 1.600; market, steady. Top fat lambs $14.00 Bulk fat lamb£ 12.504/ 14.00 Bulk cull lambs . 8.004/ 10.00 Bulk fat ewes 4.50@ 6.50
Other Livestock Bit Cnitcd Press CHICAGO. Aug. 6.—Hogs—Receipts. 19,000. including 2,000 directs; market slow; shippers and small killers buying a few' light and mediumweights, 1045 15c lower: early top. $12.15: bulk desirable. 160-220 lbs., early. $11.804/12.10; most packing sows. $9,504/ 9.75; butchers, medium to choice. 250-350 lbs.. $10,404/ 11.40: 200-250 lbs.. sll4/ 12.10: 160-200 lbs., [email protected]; 130-160 lbs.. $10.904/ 12.10: packing sows, $94/9.90: pigs, medium to choice. 90-30 lbs., $10.5045 11.50. Cattle—Receipts. 6.000; calves 2.000: steady to strong: better grain fed steers in broad demand, others less active than on Monday, sl7. paid on light steers by eastern shippers; slaughter classes, steers, good and choice. 1.300-1.500 lbs.. $144/ 17: 1.100-1.300 lbs.. $1445 17: 9501.100 lbs.. $13.504516.90: common and mediums. 8.50 lbs. up. $94/ 13.50: fed vrarlings. good and choice. 750-950 lbs.. $134/ 16.25; heifers, good and choice, 850 lbs. down. $1345 14.75: common and medium. $7,504/ 12.75: cows, good and choice. $945 12.25; common and medium. $745 8: lov cutter and cutter cows. $64/7: bulls, good and choice beef. 59.50® 11.50: cutter to medium. $6,754/ 9.65: coalers, milk fed. good and choice, $13.5045 16.35: medium, $124/ 13.50: cull and common. 5845 12: stockcr and feeder steers, good and choice, all weights. $11,504/ 13: common and mediums. $8,754/ 11.50. Sheep—Receipts. 13.000: market sctivc. 1045 25c lower: range lambs, $13,504/ 13.65: natives. $13.2545 13.50: a few. $13,754/ 13.85: fat ewes steady at $54/ 6.50: feeding lambs ouotable stead'-: lambs, good and choice. 99 lbs. down. sl3 4/13.85: medium. $11,504/13: cull and common. $8.2545 11.50: ewes, medium to choice. 150 lbs. down. $4,754/ 6.95; cull and common. $2.5045 3: feeder lambs, good and choice, $12.5045' 13.85. f'.'t Times sueeinl LOUISVILLE. Ky., Aug. 6.—Hogs—Receipts. 500: market 15c lower: mediums and lights. 130-225 lbs.. $10,704/ 11 70- extreme heavies. 225 lbs. up. $11.10: pigs. 130 lbs. down. $7,604/ 3.85: stags and throwouts. $8.10478.70. Cattle—Receipts, 100market steady; prime heavv steers. $124/ 13.25: heavy shipping steers. $10,504/ 12; medium and plain steers, $94/ ic.so: fat heifers. SB4/12: good to choice cows $7.50 4/9; medium to good cows. $6,504/ 7: cutters, $16.50: canners. $54/ 5.50: bulls. .$74/8 50: feeders. $94/ 11.50: stocks. SB4/10.75. Calves—Receipts. 200: market stead'- : fancy calves. $12.50; good to choice, sll4/ 12: medium to good. $94511: outs. $9 down Sheep—Receipts. 1.200; market steady to oCc higher; ewA and wethers, sl3- buck lambs. sl2: seconds. $8: sheep, $4.50 ft 5 50 Monday’s shipments: Cattle, 275: calves 604: hogs. 425: sneep. 1.406. Bit I niti and Pn ss CINCINNATI, Aug. 6.—Hogs—Receipts. 2.750; holdovers. 555; market, steady to 25c lower: 250-350 lbs.. $10,254/ 11.50: 200-250 lbs. $11.25-/12: 160-200 lbs.. $11,504/12-130-160 lbs.. $11,504/ 11.75: 90-130 lbs $10,504/ 11.75: packing sows, $8,504/9.50. Cattle—Receipts. 300: calves, 400: market steady: beef steers, $lO4/15: light yearling steers and heifers. $9,504/ 14.50: beef cows $7,754/9.50: low cutter and cutter cows] 53.754/-7.25: vcalers. sll4/14.50: heavies. $9 4/10. Sheep—Receipts. 900: market. 254/ 50c higher, active: top fat lambs. $13.50; bulk fat lambs. $1347 13.50: bulk cull lambs SB4/10: bulk fat ewes. $3,504/6. Bit United Press FT. WAYNE. Ind.. Aug. 6.—Cakes—Receipts. 50. Hogs—Receipts. 300. Sliccp— Receipts. 200: market steady to log up; 90-190 lbs.. $10.80: !20-‘4O lbs., $11.15: 140150 lbs.. $11.50: 150-160 lbs.. $11.65: 160180 lbs.. $2: 180*200 lbs.. $11.90: 200-210 lbs.. $11.75: 210-220 lbs.. $11.65: 220-230 lbs. $11.50: 230-240 lbs.. 311.35; 940-250 lbs.. $11.20 250-275 lbs.. $11.05 275-300 lbs.. $10.85: 300-350 lbs.. $10.70: roughs. $9: stags. $7; calves. sls: lambs. sl2. Bit l nitcd Press TOLEDO. Aug. 6.—Hogs—Receipts. 370: market, steabv: heavies. 10.754/ 11: mediums, $11.90-- 12: Yorkers. $11,754/ 12.15; pigs, $11,754/12.25. Cattle —Receipts, light: market, steadv. Calves —Receipt.-, light: market, steady. Sheep and lambs—Receipts’, light: market, steady. BI • I II Hi and Press CLEVELAND. Aug. 6—Butter—Extras. 46 I .'-/ 47'-c: extra firsts. <2'4; *3' 4 c: seconds. 41'/<-/ 42' c. Eggs—Firsts, 32c: ordinaries. 29c. Poultry—Fow ls. 2,0/,, 31c: broiler.-, 284/32c: Leghorn. 25c: Leghorn hroii-rs 25c: spring ducks. 20c; old cocks, 204/21c. t B fi I nil'd Press CHICAGO. Aug. 6—Eggs—Market, unsettled: receipt . 17.957 cases: extra firsts. 31/32'-:c: firsts. 31'.jc; ordinaries. 294/ 30’ -c: ecouds. 25--i 26'‘C. Butter—Market, weak; cccipts. 16.082 tubs; extras. IPic; extra first/. 40’,'./41c: firsts. 394/ 40c: seconds. $37 33 3 c: standards. 41 3 <c. Poultry —Market, firm: leccipts. 3 cars: fowls. 29c: -orinaers. 224/29c: Leghorns. 25c: ducks. 18'-/20c: geese spring. 22c: turkeys. 20'-/ 30c roosters. 21c: broilers. 23'-/27c. Cheese —Twins. 214/21’rC: Young Americas. 22c. Fotatoes —On track. 260: arrivals. 66: in transit. 487: market. .fair: market slightly, strongr. ; Kansas and Missouri sacked Irish Cobblers s2*o" 2.65: Minnesota sacked Earlv Chios. fc r sales. *?.65r Colorado 'acker! Irish Cobbler'. $3.10'-/ 3.15; sacked Bliss Triumphs. $3,504/3:60: Nebraska sacked Irish Cobblers. *2.804/2.90.
WHEAT LOWER ON INCREASING SUPPLY NEWS Western Reports Are That Sidetracks Are Full of Grain. Bit United Press CHICAGO, Aug. 6. Wheat dropped fractionally again at ihe opening today. Visible supply is affecting the buying side of the trade and there is very little demand. Corn became independent of wheat at the opening for the first time in several days and made slight advances in price. Oats dropped off slightly. At the opening wheat was* unchanged to T s cent off: corn was unchanged to % cent higher, and oats was down U to c s cent. Reports coming in from the west say that all sidetracks are full of wheat and the winter wheat in Chicago Monday totaled 4,289 cars and the feeling apparently among traders is to go slow on the buying side. Weather conditions are about unchanged in Canada and as yet it is impossible to tell whether the frost of Monday morning has a damaging effect on the crop. Winnipeg is about 2 % cents lower than due. The situation in corn is little changed from Monday. Rains are still badly needed in the southwest and especially Kansas and Nebraska, while Missouri got some rain last night. Oats still are reacting with wheat and has been making fractional declines with not a. lot of support on the long side. There is aparently a shortage, however, and exports in the trade believe that the best prices are yet to come. Chicago Grain Table —Aug. 6 Prey. WHEAT— High. Low. 12:00. Close. Sept 1.39 1.36% 1.36% 1.38% Dec 1.47% 1.4 4% 1.44% 1.46 March 1.52 1.49% 1.49% 1.51% CORN— Sept 1.01% .98% .98% .99% Dec 98% .95% .95% .96% March 1,01% .98% .98% .98% OATS— Sept 49% .48% .48% .48% Dec 54% .52% .32% .53% March ...••••• .56% .55% .55% .55% RYE— Sept 1.10% 1.08 1.08 1.09% Dec 1.17 1,14% 1.14% 1.16 March 1.19 1.18 1.18 1.17% LARD— Sept 12.07 .... Oct. 12.22 12.20 12.20 .... RIBS— Sept 13.40 .... Bn limbs Special CHICAGO. Aug. s.—Cariots: Wheat, 1.417: corn, 332; oats, 340; rve, 25, and barley, 91. By United Press TOLEDO. 0., Aug. 6—Cash grain close; Wheat—No. 2 red, $1,294/ 1.30. Corn—No. 2 yellow, $1.03411.04. Rye—No. 2. sl.ll. Oats—No. 2 white, 52(</53c. Barley—No. 2, 68c. Clover—Domestic, old, sl6; Oct., sl4 75; imported, old. $12.75. TimothyOld. $2.50; Dec.. $2.35. Alsvke—New, $11.30; Oct.. $11.30: Dec., $11.75. Butter—--444x48c. Eggs—3l4i33c. Hay—sl.2s cwt. By United Press TOLEDO, 0., Aug. 6.—Cash grain close; Wheat—No. 2 red. $1,294/1.30. Corn—No. 2 yellow. $1,034/1.04. Rye—No. 2. sl.ll Oats—No. 2 white, 52@*53c. Barley—No. 2, 69c. Clover—Domestic, old. sl6; October, $14.75; imported, old. $12.75. Timothy Old. $2.50: December. $2.35. Alsike—New. $11.30: October. $11.30: December. $11.75. Butter—444l4Bc. Eggs— 31 (n 33c. Hay $1.25 cwt. 7
The City in Brief
WEDNESDAY EVENTS Kiwaois Club luncheon. Clay pool. Junior Chamber of Commerce, luncheon. Chamber of Commerce Lions Club luncheon. Lincoln. Purdue Alumni Association luncheon. Scverin. Illini Club luncheon. Board of Trade. Solo Club luncheon, Columbia Club. Employes of the Leader store were guests at the store picnic Monday afternoon and evening at Broad Ripple park. A basket lunch was served by the store. Former residents of Brown county will hold their fifteenth annual reunion at Garlield park, Sunday afternoon. A. s. Anderson is in charge of the outing. Executive committee members of the Marion County W. C. T. U. held their annual picnic in the Brookside park shelter house Monday. Mrs. Frank J. Lahr, president, presided at the meeting. The principal address was given by William H. Remy, former county prosecutor. Theft of six tires and several inner tubes from the Dillon Carroll garage, 705 Massachusetts avenue, was reported to police today. Marriage Licenses Lawrence Holden. 28, of 703 Davidson, bus company employe, and Lillian White. 22. of 2409 East Washington, foreman. Russ.-il Dow. dy. 20. oi 1141 West New York, helper, and Mabel Bceman, 19, Indianapolis. laundry worker. Carl Peterson. 22. oi 2358 Central, grocery emplove, and Kathleen Straughan. 22. of 2453 North Pennsylvania, cleaning company employe. Charles Forbes. 22. of 126 West Southern. teamster, and Gerusha Fowler. 22, of 104 West Southern, saleswoman. Franz Montgomery. 22. Montezuma. Ind.. teacher, and Josephine King. 21, of 3312 Evergreen. Other Livestock EAST BUFFALO. N. Y„ Aug. 6.—Hogs— Receipts. 600: holdovers. 1.000: market, weights below -’lO lbs., active 154/25c higner. others slow barely steady: 250-350 lbs. sll4/ 12: 200-250 lb.'.. $11,654/12.75: 160-200 10... $12.40" 12.85; 130-160 lbs., $12,504/ 12.85; 90-130 lbs.. $12,404/ 12.85: packing 'ovs. $9.75b 10.35. Cattle—Receipts 200- market, steadv with Monday's average. Calves—Receipts. 150: holdovers. 350; market. slow and steady: beef steers, $13,504/ 15.25: light vearlig steers and heifers, $14,504/ 16.25: beef cows. $94/10; low cutter and cutter cows. >4.754/7.50. '-ealers. $16.25 V/ 17. Sheepßcccipts. ooO: market, active and steady; bulk fat lambs. $13.504/14.25: bulk cull lambs, $9,754/ 11.25; bulk fat ewes. $6.25® 7.25. Bit United Press CLEVEI £ ND. Aug. 6.—Hogs—Receipts, I. holuovers. 25.: market. 5c higher; sows and stags, steady: 250-350 lbs.. $11.15 4/ 11 85: 200-250 lbs., $11,654/ 12.50; 160-200 lbs. $12,354/ 12.50; 130-160 lbs.. $12,254/ 12 50; 90-130 lbs.. $12,254? 12.50: packing SOWS $9 50 "10.00. Cattle—Receipts. 155. Calves—Receipt* 400: market, cows, fully steady: reals steady weak: steers slow; beef cows. s7.sffiz9; low cutter and cutter cows $6"7: (ealers. $144i17.50. Sheep— Receipts. 400: market, lambs, steadv. strong: spots hgiher top. fa! lambs $13.50: bulk fat lambs. $12,354/ 13: bulk fat ewes. $64/ 6.50. Bp t nit"! Press^ “PITTSBURGH." 1 Aug. 6.—Hogs—Receipts. 500: market, strong to 10c higher; 250350 lbs sll4/11.75: 200-250 lbs.. .$11.70" 1Z65- 160-200 lbs.. $12.50" 12.65: 130-160 lbs.. $124/12.65: 90-130 lbs.. $11.7547 12.25: packing sows. $9,504? 10. Cattle—Receipts. 25. Calves—Receipts. 50: market, unchanged. steady: beef steers. $114? 15: light vrarline esters and heifers. $10,504/14: beef cows. $7.504/10: low cutter and cutter cows $5,504/7: vaelers. $144716.50: heavy calves. *ll4/15. Sheep—Receipts. 100; market strong: top. fat lambs. $13.50: bulk fat lambs. Sll.so*i 13.50: bulk cull lambs. $8 "10: bulk ewes. $6/6.75: bulk yearlings. SB4/11.
HOT, DRY WEATHER HITS CANADA CROP
Cutting of Rye and Barley Started in Manitoba This Week. By Times Snecinl WINNIPEG. Aug. 6.—With the rapid approach of harvest throughout the western provinces, the hot. dry weather of the last week has not improved the crop outlook in any respect, according to the weekly crop report of the Canadian National Railways. Sections which had previously reported conditions as fair, now complain of a too rapid ripening of crops with a consequent depreciated outlook unless relieved by rain. Other areas which have suffered persistently from drouth during the glowing season appear to be able to appraise more accurately their losses and to determine which crops shall be ploughed down and which shall be left for thrashing.
Business and Finance
The co-operative movement in the United States, which came to the fore this week with the announcement that 21)00,000 American farmers and livestock raisers with gross returns in 1928 of over $2,000,000,000 were about to unite in an agricultural co-operative effort that would be the strongest and most efficient in the world, already claims 78.000 individual members, and annual sales of $14,000,000, according to Cedric Long, executive secretary of the Co-operative League of the United States of America, in a special article for the publishers of the Encyclopedia Americana. The fifty most active stocks traded on the Chicago Stock Exchange during the week ended Aug. 3 had a market value of $2,565,276,232 at the close of business Saturday as compared with $2,214,193,868 at the close of the previous week. This represents a gain of $351,082,364 or 15.85 per cent. Bethlehem Steel corporation's future success never was better assured than it is today, according to Eugene G. Grace, president, in a statement to the company's employes, which will be published Wednesday. Grace's statement will be included in a report to the employes, similar to the company’s yearly reports to stockholders, covering the annual conferences which just have been concluded between the management and representatives of the employes. These conferences, it is pointed out, were held this year under the most encouraging conditions Bethlehem has ever seen. The board of directors of ihe Chicago. South Shore & South Bend Railroad has declared a quarterly dir idend of 1% per cent on the outstanding 6% per cent Class A preferred stock of the company, payable Sept. 2, 1929, to stockholders of record Aug. 15, 1929. The board of directors of the Gary Railways Company has declared the regular quarterly dividends of SI.BO a share on the outstanding Class A preferred stock of the company, payable Sept. 2, 1929. to stockholders of record Aug. 20, 1929.
The board of directors of tbe Indiana Service Corporation has declared the regular quarterly dividend of 1"i per rent and I’4 per eer.t. respectively, on the outstanding 1 per cent and 6 per cent preferred stock of the company, payable Septf 1 ’!. 1929, to stockholders of record Aug. 15, 1929. The board of director? of the West Ohio Gas Company iias declared the regular quarterly dividend of 1 per cent on the outstanding 7 per cent Class A preferred stock of the company, -payable Sept. 2, 1929. to stockholders of record Aug. 15. 1929. Entering upon anew month, thr steel industry continues its unusual performance. Each succeeding week’s report shows that the summer recession has been exceptionally. moderate, and August prospects are favorable. Not unnaturally, mill operations have dropped in varying degree at. different points, but 'ome of the let-down has been due to extreme heat and humidity and also to the need for repairs to equipment which has been under pressure for a long time. Certain unusual features have developed in dry goods channels as a result of the protracted hot weather over a wide area of the country. Thr high temperatures have greatly stimulated consumption of summer goods of all kinds, the buying having continued for a ldngcr time than is customary. Hence, stocks that seemed formidable earlier in the season have been appreciably reduced, substantially bettering the position of merchants. Moreover, higher prices for raw cotton have quickened demand for manufactured products, with some corresponding increase in firmness of quotations for the latter. No change from the heavy volume of bank clearings is noted, leading cities of the United States reporting an aggregate of $12,750,962,000 to Duns Review this week. The amount is 24 per cent in excess /of that of a rear ago. there being a gain of 32.8 per cent at New York City and one of 6.4 per cent at outside centers. Os the twenty-two outside cities included in the statement, only three show smaller bank clearings than in this week of 1928. these being St. Louis. New- Orleans and San Francisco. Elsewhere, some large increases appear., notably at Pittsburgh. Buffalo. Cleveland, and Atlanta. Announcement of the purchase of the Mouscr pharmacy. 349 South East street, bv the Haag Drug Company, was maae today. This 1; the eighteenth store operated by the drug firm. The store will be remodeled. A banking group composed of Henrie, Hall & Murphv and Niehol-Ford of Detroit and H. C. Watts & Cos. of Chicago arc offering today 50.000 units of the stock of the eGneral Parts Corporation at sl7. The units are composed of one share of convertible preference stock and one-fifth share of common stock. Upon request ot fße bankers application will be made later to list the convertible preference and common stock on the Detroit and Chicago Stock Exchanges. The information of a tin applications committee for the purpbse of organizing research into improved commercial applications of tin and the discovers of new u. es for the metal is announced in the current issue of Tin. That the reorganization plan of the Chicago Milwaukee. St. Paul & Pacific Railroad has been highly successful is indicated bv the fact that since the adoption of the plan on Jan. 10. 1928. there has been an increase in the company s earnings and a reduction in operation charges, according to the review published by Frazier Jelkc & Cos. More than a billion dollars of new money went into the securities of ‘‘fianancial” cempanie.. or those engaged in the turning over of capital, in tbe first six months of 1929. according to Clarence Hodson & Cos., Ine. This is the largest volume going into companies of any particular group and vastly exceeded the demands of the industrials, public utilities, municipalities, or railroads. The financial group included investment companies of all kind l , insurance companies, surety companies and all others dealing in the dollar as their stock in trade. The Loose-Wiles Buiscuit Company. Kansas City. Mo., has installed thirty Cameo vending machines and six talking devices during the past week, according to an announcement bv the Consolidated Automatic Merchandising Corporation. A like number of the "talKing robots" were also installed bv W. A. Wteboldt & Cos.. Kiiieago. 111. Two orders of ten units and Two talking devices by Snyder & Robbins. Asburv Park. N. J.. and by Loftus-Beacon Oil Company. Long Island City. N. Y.. were filled. Playland. Rye. N. Y.. placed an additional order for ten units and two talking de' ices. New stock, bond and note financing in Jnly totaled *5*2.069.113. according to
Cutting of rye and barley has commenced in Manitoba and will be general for the next week. A few cases of wheat cutting are also noted in Manitoba. Weather has been hot and dry through the province and wheat is not filling normally except at Swan river, where an average crop is still possible, and at Russell, where a three-quarter crop is anticipated. The general outlook is for a half crop. Northern Saskatchewan has suffered somewhat from the heat during the week. Many central and southern points, having long since despaired of securing a. crop, arc now concerned over the feed outlook. The bright spot in the Alberta situation appears in the Peace River country. Here crops continue in a favorable condition with harvest about three weeks away. Athabaska subdivision should also harvest a normal or better crop at practically all points.
f/gurrs rompiled in tb<* monthly investment review of F.awrenee Stern A Cos. This 4s* an inerease of 21 per ernl over the same month lat year, hut a zleirease of approximately 16 per vent from the June volume. For the six-month prr4od of 1929. from January Ist, to June 30th. the gross earnings of the Canadian National Railways total $127,145,211 as compared with $123,213.526 during the similar six-month period of 1928. an increase of $3,931,685. or 3.19 per cent, according to an official financial statement just issued. In six months of the current rear the working expenses total $106,256,265.6? as against $ 103.343,150.74. an Increase of 2.82 per cent. Negotiations for the acquisition of .the Genesee National Corporation by Atlantic and Pacific International Corporation have been completed. The ratio for the exchange of stock and other conditions for the exchange will be announced shortly. The Atlantic and Pacific International Corporation is an investment trust of the general management type with its head offices in New York and early this year became a prominent figure in the field ot investment trust mergers by taking over the Standard International Securities Corporation. The present merger with Ihe Genesee National Corporation will broaden considerably the activity of Atlantic and Pacific International Corporation. By Times Sipcciert WASHINGTON. Aug. 6.—The department ot commerce announces that the factory production of fats and oils (exclusive of refined oil and derivatives' during the three-month period ended June 30, 1929. was as follows: Vegetable oils. 476.615.560 pounds: fish offs. 10.177,682 pounds, animal fats. 563.267,418 pounds: and greases. 100.870.792 pounds, a total of 1.150,931.152 pounds. Os the several kinds of fats and oils covered by this inquiry, the greatest production. 444.659.527 pounds appears for lard. Next in order is linseed oil with 184,087,611 pounds: eottons“ed oil with 141.714.089 pounds: tallow with 117.270,619 pounds; cocoanut oil with 92.992.798 pounds, and corn oil with 29,189.346 pounds. Formation of Hartley Rogers Trading Corporation is announced today bv Hartley Rogers, president and head of the Pacific Coast Investment Banking House bearing his name. Formation of the Trading Corporation is in line with the trend now prevailing in investment banking field whereby many leading investment banking houses are forming share corporations to permit their customers to participate to a greater degree in the firms financial activities. Earnings of the Standard Dredging Company. based on the earnings for the first half of this year and the volume of business now on the books, should be between $3 and $g per share on Its common stock after all charges and the payment of preferred dividends, it was announced today. In 1928 net earnings after all charges were $1,947,368. which were at the rate of $4.12 on the common stock after payment of preferred di iriends. Charis Corporation reports net earning,* after Federal Taxes for the six months ended June 30. 1929 of $303,308 or S3 03 per share of common stock, as against s.TiO.SB9 or $2.50 prr share for the six months ended June 30. 1928.
Births ' Bov*. Sam and Rita Dan. 6244 Nor?.aldn .James and Lois Rile’-. 1305 S-uUi AlaI bam a. Herman and Mildred Rab-r. 1801 Alton Michael and Josephine Bora. sl2 Greer Aivin and Mary Ottcrbach. St. Vincent’-’ hospital. Shirley and Demiui" Dillon. 728 Grove John and Wilma Daile". Coleman hospital. Robert and Amy Jose. Coleman hospital Louts and Dorothy Ballard. 403 North Pine. Ambrose and Violet Raney. 1020 Rrrr Wayne and Lucile Babba. (?4l South Missouri. Hugh and Clara Dunn. 551 Cha e Ervin and Alice Scovllle. Methodist, hospital. Paul and Mary Minch. Methodist hos- \ pital. j Stuart, and Dorothv Bishop. Methodist hospital. Verdte and Mabel Allen. 1835 New Anthony and Ida Klee, st, Vincents hospital. Everett and Bernice Peters. 1306 East Tenth. Tw ins George and Marie Kanouee. St. Vincent s hospital, bos. Girls I Walter and Edna Hickman. 2101 Kenwood. [ Everett and Emma Doughcrtv, 1318 Kappcs. Earl and Agnes Higginbotham. 62 South Rural. Floyd and Stella Lewis. Brookstde. Sylvester and Ruth Burkcrt, St Vincent's ho/pital, Dallas and Lorene McCarty. St.. Vincent's hospital. Chrcst and Anna Chirpas, Coleman hospital. William and Roberta Schrader. Coleman hospital. Jchn and Georgia White. Coleman hospital. Sahadl and Marie Mitrey, Methodist hospital. Elmer and Dorothv Bornkemp, Methodist hospital. George and Queen Shimer. Methodist hospital. Leslie and Gladys Galbreath. Methodist hospital. Clyde and Minnie Cox. 1130 East Ten,h. Francis and Loretta McCarthy. St. Vincent’s hospital. 'Elsworth and Mildred Neal, St Vincent : hospital. Matthew and Kathryn Wernting. St. Vincent’s hospital. Harold and Daphne Reeder. 1237 Nordyke. 1 Deaths Harry Cumfort. 44. Central Indiana hospital. hypostatic pneumonia. William Goincs. 45. 1143 Roachc aortic .insufficiency. Hallie B. McNabney. 33. city hospital, acute myocarditis. Nellie Blaine Schultheis. 44 824 South East, acute myocarditis. Infant Dillon. 1 day. 728 Gro-e. premature birth. Mattie Tilson. 52. 239 North Illinois, acute dilatation of heart. Mabel Bass, 34. 600 North Capitol, accidental. Patterson S. Harian. 77. Long hospuai. accidental. John E. Vance. 64. city hospital, arteriosclerosis. _ Nelson T. Wells, 63. 8/2 Darnell, acute cardiac dilatation. Lovina Norwood 80. city hospital, hypostatic pneumonia. . . . Daisy Graves Wunite 00. Methodist hospital. cholecystitis. , _ .. John M. Linder. 72. Central Indiana hospital. mitral insufficiency. Lyle Schaffer. 7 hours. 146a couth Belmont. premature birth. Marjorie Lois Sedam. 4 hours. Coleman hospital, asphyxiation. James Newton Boofer. 37. city hospital, accidental. Aviator May Quit Flight L STOCKHOLM. Sweden, Aug. 6 Captain A?bin Ahrenberg telegraphed authorities here today from Ivigut, Greenland, that unless he is able to proceed on his flight to New York this week he expects to abandon the attempt for this summer. The Swedish aviator was held up for several weeks in Iceland and has been weather-bound since landing at Ivigut several weeks ago. The sun occupies far more space than the whole of the space swept by the earth and the moon moving steadily around her.
ACG. 6, 1029
MONTH OF JULY NETS INCREASE IN STOCK VALUE One Hundred Representative Issues Gain 4.7 Per Cent in Worth. 7 inns Htneiul The aggregate market vaiue of one hundred representative common stock issues traded on the New York Stock Exchange increased $1,747.256.000, or 4.7 per cent, in the month of July. This compares with an increase of $4,175,798,000 in market appraisal in the month of June. At tie end of July the one hundred stbeks were worth $39,325,578,000 compared with $32,125,458,000 at the end of December. 1928. and with $21,947,736,000 at the end of December. 1927. The group which appreciated most last month was that composed of five electrical equipment stocks, which gained 13-1 per cent. Five steels appreciated 9.8 per cent; ten utilities. 9.7 per cent; fifteen rails, 9.1 per cent; five chemicals. 9 per cent; fourteen miscellaneous industrials, 5.3 per cent: live railroad equipments. 3.3 per ceht; seven food stocks. 3.1 per cent; five merchandising issues. 2.1 per cent, and ten oils. .7 per cent. At the same time the seven motor stocks depreciated 4.5 per cent; the seven mining stocks. 3.2 per cent, and the five amusement issues. .3 per cent. The number of shares represented by the one hundred stocks at the end of July was 392.779.083. The following table shows the extent of price changes during July by groups; 1900's omitti-cli Ppr cont June 29. Julv 31, in--1929 1929 crea.*, 15 Rail.* .... $ 5.673.585 * 6.192 170 9.1 10 Utilities .. 4 961.918 3.444 >B7 9 7 11 Industrials. 2.347.130 2.471,313 5.3 10 Oils 4.702.633 4.735 116 9 7 7 Mines 2.641.88? 2.751 998 32* 7 Motors 4.496.686 4,295,983 4 $ 5 Steels 2.116.394 2.356.652 9.8 5 Equipments.. 658,224 680.224 3.3 5 Electricals... 3.079.841 3.183.631 13.1 5 Chemicals.. 1.687.469 1810.067 9 0 7 Foods 1,529.759 1.570.946 3.1 5 Merchandise. 2.391,765 2,440,773 2.1 5 Amusements. 1.058.760 1.056.111 0 3 Total $37,578,052 $39,325,578 '.7 •Decrease.
In the Air Weather conditions at 0:30 a. m. Southwest wind, five miles an hour; temperature. 70; barometric pressure. 30.03 at sea level; ceiling, solid overcast at 3.000: visibility, five miles, light haze; field, fair. Arrivals and Departures Capitol Airport—D. R. McCauley, [ Ry an monoplane. St. Louis to Cleveland; Sydncr Hall. Travel Air Speedwing. New York City to St. Louis, on a trial test for Ihe Cleveland national air races. Hoosier Airport—Sam Jones and Ralph Sturm. Travel Air biplane, over night from Albany. Ind.: Gerald Bissingcr. sales manager for Bird Airplane Company. BrunncrWinklc Bird biplane. New Yor); to Los Angeles. Curtis-Mars Hil! Airport—L. C. Ewing, pilot, and W. A. Patterson, owner. American Eagle biplane, from Louisville and return: Licutcn* I ant Matt G. Carpenter. Cnr Hun* j di ed Thirteenth observation squadron. Douglas 02H biplane. Trout. ! Camp Knox. Ivy., to Indianapolis, to j Dayton, and return. Monday, to j Kokomo and return and back to Camp Knox today. Seeks Air Travel Record Richard Burke, who arrived at i Lakehurst Sunday from Germany on the Graf Zeppolinc, was a, pas- ; senger today on the Transconti- ! nental Air Transport plane, which I stopped at the Curtiss-Mars Hill airport. Burke is seeking to set a record for the fastest travel between Germany and Los Angeles. Feeder Line Arranged Arrangements to provide a feeder service for the Mason-Dixon airlines from Cincinnati to Detroit have been made by Hoosier airport, Harold C. Brooks, secretarytreasurer. has announced. Under the arrangement Hoosier will transport passengers between Indianapolis and Dayton to connect with the Mason-Dixon Un of Detroit. Flying Duchess in India ain’s “flying duchess,” the 63-ycar-old duchess of Bedford, took off for Bushire, Persia, at dawn today, for the homeward half of her flight from England to India and return. She left England Aug. 2, hoping to complete her trip in a week. She’ was accompanied by a pilot and a mechanic. New Plane for Bromley I nil'll LOS ANGELES, Aug. 6.—Construction of anew plane for Lieutenant Harold Bromley, whose Ta-ccma-to-Tokio bound plane crashed on the takeoff recently, was started at the Lockheed plant here today. The new low-winged plane will be completed in nine weeks. At that time, according to Bromley, weather conditions for the trans-Pacific hop will be ideal. Legal Notices Will .ell at Public Auction to hielc't bidder Auc 7 1929 t wrecked Whipo-t coach. motor No 96-68727 erlal No. 4668013 :c c o'er slorecc rb'rzr of-. 33. W.MPS OARAGE. *159 W. Washington. NOTIC E O' BIOS ON SUPPLIES JOR THE TJ3g OF TUP PURI tr 7V.STI-U----TIONB OF THE STATE OF INDIANA. Not.cc i? hereby ci'ei’ t;?a< the Joint Purchasing Co— •oil>''c In- be bene •oIcnt and corr/'";io"al institution? of he •late of Indiana -HI recei' r at th" -iTlce ot its '.cerctarv. Room 326 Sta’chou". until 10 o’clock a. m. Monde Ane 19. 1929 scaled bids on drv -oods and lotions noc on file In the office of th" Sec. retarv of the Committee The Joint Purc.ha-tnc Committc- ?■ vanes the rtjtht to reject ane and U bid- and to -> aivc technical defect.* . JOINT PURCHASING COMMITTEE DAILY E M-COY S- mar ' In Memoriam Notices IN MEMORIAM Os m- ’ o brother Ot,* Louden, —ho lost his life in the World war. Auz. 6. 1918 and Edward Louden, who lost his life. Aug 6. 1928. Deco in our hearts, lies the picture. Ot the loved ones gone to rest In memorv dear, we will keep them. For they to us. were the best Our heart: can not express ho- w* love them. Our hearts can not tel! - hat to say. God only know, bow -r miss them. In a world that is lonelv today. SISTER MARGARET AND FAMILY. s'
