Indianapolis Times, Volume 41, Number 103, Indianapolis, Marion County, 9 September 1929 — Page 12

PAGE 12

STOCKS DECLINE STEADILY AFTER STRONGOPENING Call Money Renewal at 8 Per Cent Is Held Chief Cause.

Average Stock Prices

Average of twenty Industrials for Saturday was 377.58, up 1.27. Average of twenty raf]a was 188 81. op .17. Average of forty bonds was 92 33, on .06. By United Press NEW YORK, Sept. 9.—A steady, orderly decline took place on the Stock Exchange today. Lacking the spectacular downward tendency of last Thursday, stocks nevertheless were reduced in market value by several hundred million dollars. The selling began after call money renewed at 8 per cent, as compared with the close last week of 6 per cent. Then bears circulated stories that the Bank of England would raise its rediscount rate at the meeting next Thursday. The decline was carried to 15 points in one instance, while many stocks were down 5 or H points. However, there was no hasty unloading and on each decline buying orders cropped out. The trend was downward, except in a few exceptional cases where prices were bid up for special reasons. Among the gainers were Union Carbide, Gold Dust, Louisville Gas and Electric and American Rolling Mill, the latter making anew high. United States Steel met consistent pressure throughout the greater part of the day and was not able to hold gains made on small rallies intermittently. Radio broke badly, but came back part of the way. Utilities like Consolidated Gas and and American and Foreign Power were sharply lower. General Motors lost more than a point; Bethlehem Steel Nearly 4; Auburn Auto 15; Simmons Company 6; Atchison more than 5, and a long list of others from 1 to 3 or 4 points. Johns-Manville was one of the first stocks to rally from the decline. It was carried up to above 209, a net gain of 7 points. Other leading issues began to show signs of recovery late In the day, and as the fifth hour began buying operations were spreading to shares that had been most heavly sold earlier in the day.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Monday, Sept, 9. $4,847,000; debits. $7,489,000. CHICAGO STATEMENT Hi/ T'nited Press CHICAGO. Sept. 9—Bank clearings, *184.000.000; balances. $9,900,000. NEW YORK STATEMENT Rti United Press NEW YORK. Sept. 9.—Bank clearings. 4591.000,000: clearing house balance. $124.noo.ooo: federal reserve bank credit balance. $121,000,000. TREASURY STATEMENT By United Press WASHINGTON. Sept. 9.—The treasury net balance. Sept. 6. bos $69,861,334.16. Customs receipts for the month to the same date were $8,554,157.22. FOREIGN EXCHANGE By United Press _ NEW YORK. Sept. 9.—Foreign exchange closed firm Demand sterling. $4.84 11-32: francs 391 1-8. up .001-8: lira. 5.22%c; Belgas 13.90 c, up .01; marks 23.80%c, up 01 1-4.

Local Wagon Wheat

Cltv grain elevators are paying *1.22 for No 2 red wheat and *1.17 for No. 3 hard wheat. Births Girl* Wllllsm and Thelma Talor. 2841 North 6tation. Roger and Marie Cory, 3211 Greenbrier Lane' Moris and Emma Walters, 1224% West New York. Carmen and Francis Be!!. Coleman hos•pltal. _ . . , Homer and Alice Cox. Coleman hospital. Arthur and Leoma Miller. Coleman hosp! George and Helen O’Neil. Christian hosP Dave and Esther Fogel. Methodist hesP Marcus and Ephemia. Mishas, Christian hospital. Ber? James and Elisabeth. Hinds, 1868 Singleton. William and Clara Kinslow, Coleman hospital. Norman and Elirabeth Wilson. Melodist °Robert end Mary Kingston. Methodist hospital. _ _ _ . william and Flossie Boone. Christian hospital. Raymond and Olive Dougherty. 960 Alb*Russell and Lucille Heckman. Christian hospital. Deaths Burton Andrews. 27, cltv hospital, diabetes mellitus. „ Mav Virginia Sklllman. 82. 52P1 East Tenth, cerebral hemorrhage^ Edith Scott. I*. S3* West Twenty-seventh, pulmonary tuberculosis. Anna Marie Holt, 82. 3312 Roosevelt, cerebral hemorrhage. Elsie Ellen Cra‘g. *3. 951 Highland, Ur Dcra'v. Orman. 38. 224 North Capitol, acute myocarditis. _ Eugene Arthur Lawrence. ?. ctly hospital. tuberculous meningitis. Henrv Yeager. 57. 211 East North. cerebral hemorrhage • , Margaret E McGuffen, 85. Christian hospital. lobar pneumonia. Judge W. Spindle, 54. St. Vincent hospital. accidental. Katherine Deonie. 64. 508 North Jefferson. hvposfatic pneumonia. Otto Hanselman. 64. city hospital, septicaemia. * Etta Donahue. 54. 554 Arbor, apoplexy. Laura Starks. 43. city hospital. Julia H Shelby. 44. city hospital, acute myocarditis Susie D. Phillips. 39. 1412 East Market, carcinoma. Nettle M. Easterday. 62. 1625 Mentone, carcinoma. Elizabeth Males. 64. 1721 Hoyt, uremia. Argyle McCiintock. 44. Christian hospital. toxic thvroid. Gordon Dunn. 30. Methodist hospital. streptoccic septicaemia.

JamesT. Hamill & Company BROKERS Indiana poll* MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associate New York Curb Correspondent of LAMSON BROS. & CO. OTIS * CO. Stocks. Grain, Cotton 203 Continental Bank Bldp. Tel Riley 54*3—Riley 84*4

New York Stocks ————— ,g, Thomson & McKinnon ——————

—Sep*. 9 _ Prev. Railroad*— High. Low. 1200. Close. ' Atchison 288 . 282 284%, 284 i Balt Si Ohio .139% 138% 139% 139% Canadian Pac .232 232 232 232 Chesa & Ohio ..274*, 274 274*4 2.4 Ches* Corn 88 87% 87% 87% Chi & N West... 106% 103*4 103% 105 Chi Grt West... 15% 15% 15% 16% C R I & P 142’, 141 141 141% Del & Hudson... 129*4 219% 219*4 221 Del fi Laeko 183% 165 186% 163 Erie 93% 92% 92% 92% Erie Ist pfd .... 62% 62% 83% ,•?. Grt Nor . 124 123% 123% 124*4 Gulf Mob Ac 011 47*4 47 47*, ... 11l Central 146% 146 148% 146% Lehigh Valley... 94 94 94 94% Kan City South. 104% 104% 104% 104% Lou & Nash 149% 149% 149% 150 M K Ac T 55 54 54 55 Mo Pac pfd ....141% 141% 141 % 141 !n Y Central ....246% 243% 243% 247 N Y C Ac St L..183V, 183 183 184 NY NH Ac H 123% 123 123% 124 Nor Pacific 111% 109% 109*, 109% Norfolk Ac West 284 384 284 285 O Ac W 26 25% 25% 26 P Ac W Va 139% 139 139 139 Pennsylvania ...10'6% 105'/, 105% 107 , Seabd Aid pfd. 26% 26% 26% 26 Reading 145*, 143% 143% 148% Southern Ry ...159% 159 159% 158 < Southern Pac ..154 153 153 I*3 2 St Paul . 42% 41% 42% 43 Ist Paul pfd 66% 84% 64% 66% St L Ac 8 P ....130% 130 130 130% j Union Pacific .288% 287 287 288 West Maryland. 44% 43% 43% 43% Wabash 70 70 <0 (0% West Pac 37% 37% 37% ... Robbers— Alax 4% 4% 4% Fisk 8% 8% 8% •% Goodrich 73% >2% 73 ‘2 Goodyear 118% 114% 115 I}S 2 Kelly-Spgfld .... 10% 10% 10% 10% United States .. 52Va 51*4 51V# 51 3 4 Am q Ca P r m & n pdy..lol% 100% 100% 100% Am Locomotive. .125 123 '23% 123 Am Steel Fd. .. 63% 62% 63 63% Am Air Brake Sh 58% 58'/, 58% 58 a Man Elec Sup . 29% 29% 29% 29/ General Elec ...286% 282 282 386 Gen Rv Signal. .124% 123 123% 123 i Gen Am Tank.. 114*, 113 113% 112 e N Y Air Brake.. 45% 44% 44V, ... ! Pressed Stl Car. 16% 16% 16% 17 Pullman 85% 85 85 86 West.ngh Air B. 63 61% 61% 63 Westingh Elec.. 273 268% 271 2,4-4 Bethlehem 134% 132 133 134 Colorado Fue' .. 62% 62 62 63 Crucible 117% 117', JI7V, 118 Inland Steel ....105% 105% 105% 106 Otis 49% 49 49 49% Rep Iron Ac Stl. 125% 123% 123% 126 2 Ludlum 89 T /i 89 89 87 Newton 38% 36% 38% 37 2 U S Steel 247% 242% 244% 248 Alloy 53% 52% 52% 52 2 Warren Pdy Younsgtwn Stl. .. ... ••• 171/, Vanadium Corp. 90% 88'% 89% 87'2

Motors— . Am Bosch Mag.. 75% 71 71 75% Briggs 34% 34 34% 34% Brockway Mot.. 43% 42% 42% 42:4 Chrysler Corp.. 73V, 72% 72% 73% Eaton Axle 60 60 60 59 Graham Paige .. 24 23% 24 23% Borg Warner ... 82% 80 80 80% Gabriel Snubbrs 19 19 19 ... General Motors.. 78% 77'% 77% 78% •Elec Stor Bat ... 80% Hudson 85 84% 84'% 83% Hayes Body Cor 30% 30% 30% 30 Hupp ' 41V, 41 41 41% Auburn 494 494 494 499 Mack Trucks ..104% 101% 102V'2 101% Marmon 81% 80% 81% 80% Reo 21% 21% 21% 21*4 Gardner 11% 11 Vi 11% 11% Motor Wheel ... 40% 40% 04V, 40% Nash 86% 85V, 85% 35% Packard 153 151 151 151% Peerless 11% 11 11% 11% Pierce Arrow .. 34% 34% 34% 34% Studebaker Cor.. 75% 75 75 76% Stew Warner .. 70 68 68% 68% Timken Bear ..114% 110% 111% 109% Wlllys-Overland. 23% 22% 22% 23 Yellow Coach... 36% 36V, 36% 36% White Motor 46% 46% 46% 46% Mining— Am Smelt Ac Rfg 129% 127*% 127*4 128% Am Metals 79 V, 78 78% 78 % Am Zinc 25 23% 23% 25 Anaconda Cop ..133% 130 V, 131% 132% Calumet Ac Arlz 131 129% 130% 131% Calumet Ac Hecla 47 46% 46% 46% Cerro de Pasco 103% 102 102 102% Dome Mines..... 9% Granby Corp ... 85% 83% 83% 85% Greene Can Cop 200 % Gt Nor Ore 30% 30V, 30 V, 30 Inspiration Cop.. 49% 48% 48% 49 Howe Sound.... 69 68% 69 69% Int Nickel 53% 53% 53% 54 Kennecott Cop.. 95V 93% 94 95 Magma Cop 77% 76 76 75 Miami Copper.. 47*, 47% 47% 47VNev Cons 54Vi 52% 52V, 54% Texas Gul Sul.. 71% 71 71 % 71% ISt. Joe 72 % 70 Vi 79% 71 U S Smelt 54 53% 54 53% Oils— Am Ref Corp 27% 27% 27% ... Atlantic Rfg 65% 64V, 64'/, 64% Barnsdall ,A'.. 37 36% 36% 37% Freeport-Texas 50 V* Houston Oil 741 ? Indp Oil Ac Gas. 31% 31% 31% 31% ContT Oil 33% 33 33 33'3 Mid-Cont Petrol. 3374 33% 33% 34 Lago Oil Ac Tr 32 % Pan-Am Pet B 65 63% 63% 65'/, Phillips Petrol . 37% 37V, 37% 37% Prairie Oil 54% Union of Cal .. 52% 52V 52V, 52% Prairie Pipe .... 60% 60% 60% 60 Pure Oil 26% 26 26 26% Royal Dutch ... 57% 56% 55% 56*4 Richfield 42 41'% 42 41% Shell 27% 27% 27% 27% Simms Petrol 36 Sinclair Oil .... 36% 36 36 36% Skelly Oil 43% 42 42 42 Std OH Cal 76% 75% 75% 76V, Std Oil N J 72% 69% 71 % 71% Std Oil N Y 43% 43 43 42% Tidewater 20 19V, 19V, 20 Texas Corp 69% 68% 68% 68% Texas C Ac O 16% 16% 16% 16*W Transcontl 137a 13% 13% 13*4 White Eagle 33% 33% 33% 33% Industrials— Allis Chalmer ..307 307 307 310

On Commission Row

FRUITS Apples—Choice. $2 @2.25: Wealthy, *2.50: Maiden Blush, *2.75(3.3; Jonathans. *2.75; Grimes Golden, *2.75; New York Duchess, [email protected]; Gravestein, $3, Apricots—*2.7s® 3. Grapes—California, seedless, SI. 50 a crate. Lemons—California, a crate, $12518. Limes—Jamacia. *2.35@3. Oranges—California Valencia. *3.7558. Peaches—Elberta. $353.25; Indiana. s2© 2.50: Hales. $3.50 a bushel. Plums—s2.7s: Idaho prune plums, 16-lb. ease, $1.15. VEGETABLES Beans—Green, stringless, [email protected]. Beets—Home-grown, doz.. 40c. Carrots—Home-grown, doz, 50e Cabbage—s3.so a barrel. Cantaloupes—Flats. [email protected]; Indiana $2.25: Tiptops, barrels, $4.50; Jumbo. $1.50. Cauliflower—Home-grown, a bushel, $2: Washington, crate, $3.75. Corn—Home-grown. 25©30e a dozen. Cucumbers—Hothouse, a dozen. $1.25. Eggplant—sl.so32 a dozen; $252.25 a hamper. Kale—Spring, a bushel. sl. Lettuce—California Iceberg. $5 5 5.50 a crate: home-grown leaf, a bushel. sl. Mustard—A bushel. sl. Onions—Washington. Walla Wals. $3.50 53.75 a bag. Parslev —Home-grown, doz. bunches. 45c. Peas—New York. $3 hamper. Peppers—Home-grown. [email protected] a bushel. Potatoes—Wisconsin and Minnesota white, $4.50©4.75 a 160-lb. bag: Red River Ohios. 120-lb, $3.25. Radishes—Eutton. hothouse, dozen. 50e: Southern, long red. 153 25c doz. Sweet Potatoes—Virginia Jerseys, $6 a barrel: $3 a .-ushel. Tomatoes Home-grown. a bushel. $1.35: 15-lb. basket. 85c. Watermelons—lndiana, 40 5 65c each.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Sept. 9.—Looking into the immediate future two factors of an unfavorable nature stand out conspicuously as having possibilities of superseding from a market standpoint the continuous stream of generally favorable trade reports. We refer to the Steel Corporation's tonnage report and the uncertainty of the money market over the midmonth period. An unusually sharp drop in unfilleld steel orders, probably in excess of 250.000 tons, is generally anticipated, notwithtasnding the lower operating ratios in the industry during the last week in August and while on the surface such a drop may appear as having little significance, it may be just as well to bear in mind the sensitiveness of the market as disclosed by last Thursday's decline. In the matter of the money situation bankers are not at all in agreement as to how we will pass ovgf the midmonth financing period, and this very uncertainty is another element that may aggravate the highly nervous state of the market. We see nothing to indicate a complete or permanent reversal of the market trend, but for the moment we rather like the idea of reducing rather than increasing market commitment*.

(Allied Chemical 347 342 342 343 'A M Byers 139% 141 % 140 ; Armour A 12% 12% 12% 12% Arr.er Can 175% 173% 173', 174% Alleghaney Corp. 55% 54% 54% 5474 Am Safety Raz. 69% 69% 69 s , ... Am Ice 50% 50 50Vi 50 Am Wool 17 17 17 Assd Dry Goods. 49% 47% 48% 17 Bon Alum ... 124 Coca Cola 149 149 149 149% Conti Can 86 84% 85 85V, Certalnteed 27% Croslev 103 1 i 103% 103% 103 Congoleum 23 23% 22% 22% Curtiss 155 Davidson Chem. 51% 49', 51 487, Dupont 228 223 223 227 Famous Players. 70’, 69% 69’, 70% .Gen Asphalt ... 85 85 85 ... Fox A 97', 95% 95% 96% | Gold Dust 61% 61% 61% 61% Olidden 60% 60V, 60V, 60% ! Int Harvester . 138 135% 135% 135% I Kelvlnator 15% 15% 15% 15 4 Lambert 138 137% 137% 131 e I Link Beit , 51% Loews 60’i 60% 60% 60 May Stores 83', 81% 81% 83 s Roister 30% 29% 29% 30% Montgom Ward. 133*, 131 132 2 131 Natl C R 142*. 138 138 139 Radio Keith .... 37% 36% 37 37% Owens Bottle ,‘L, Radio Corp 11l 10i% 108 4 110 4 Rem Rand 42% 48% 48% 49% Sears Roebuck.. 168*, 165% 166 167% Union Carbide ..137 133', 134*4 132% Warner Bros ,• 1 Un Air Craft.... 127% 125 126 129% Univ Pipe 8% B*4 8% ... . tt s r% Tr Pin* ... . ■ • 3U 2 U S Indus Al?o:.210 f 208', 208% 210% Wr>rthineton Pu 121 Vi 11JJ *?i 7 2 US,? Woolworth Cos.. 98 n 4 97 7 § 3* ** 2 Wright Afro 132 Utilities— Am Tel Ac Te1..295 291 291 294*, Am Pr Ac Lt.... 172 Vi 169% 169% 172 Am For Power. .169% 165% 167% 170 Am Wat Wks 194 194 194 191 Brklvn Manh T 62% 61% 62% 60% Col GAc E 96 94% 95 Vi 93% Consol Gas ....175% |172 172 'l?,'? Elec Pow Ac Lt.. 81 Vi 79% 80% 79% Int T Ac T 142 141 141% 144 Nor Am Cos •••, *74 Pac Light 129 127*4 12874 128% Pub Serv N J 126% 122% 124% 126% So Cal Edison.. 85% 82% 82% 84% Std Gas Ac E1...193% 191% 192% 192 United Corp 66 7 a 66*4 66 1 /# §5 5 4 Utilities Power.. 567, 56 56 06 United G Ac Imp 54% West Union Tel 23! 2228 228 232% Shipping— Am Int! Corp..., 85 83*4 83*4 85 Atl Gulf W 1.... 67% 67% 67% 67 Inti Mer M pfd.. 36% 35% 36’, 36% United Fruit 119 Va IX7*4 119% 120% Foods—*Am Sug Rfg...? 83 82 82% 82 Beechnut Pkg.... 84 83 83 California Pkg.. 83% 82% 82% 817, Canada Dry .... 89'4 88 % 88% 89 Corn Products ..114% 113% 114 113 Cont Bak <A> .. 82% 82% 82 Vi 83 Cuba Cane Su p 6% Fleischmann Cos 102'% 101 102 99'% Grand Union pfd .. ... ... 47 Jewel Tea 70 70 70 69% Kraft Cheese .. 59% 58 59% 58 Kroger 87% 87V4 87% 87% Loose-Wiles 83% 82% 83% 84% Natl Biscuit 209'% Natl Dairy 79 78V, 7874 79 Purity Bak 142 Postum Cos 71 70 74 70’% 70% Ward Baking B 10'% Tobaccos— Am Sumtra 39 % Am Tob B 200% 200 200 196 V, General Cigar... 67% 67 67 68% Llg & Myers... 93 1 /, 93 S3 93*4 Lorillard 24% 23% 23% 24 R J Reynolds.. 5674 5674 56 74 56 Tob Prod 8.... 13% 1374 13% 13'% United Cigar St 15 Schulte Ret Strs 19% 197 k 197 k 197 k *E-dlvidend $1.25. JEx-dlvldend 50c and 25c.

Chicago Stocks

i——(By James T. Hamill A Cos.) ' 1 —Sept. 7 TOTAL SALES 250,000 SHARES Sales. High. Low. Close. Ainsworth Mfg.. 50 49Vse Allied Motor fnd. 300 46 45% 46 Allied Products . 650 63% 62% 62% Altorfer Bros ... 150 43 42% 43 Am Pub Serv Pfd 50 102 % Am. Radio 200 11% 11 11% Amer Service .. 400 10 Amer States P S 100 28 Art Mtl Wks ... 200 37% 37 37% Asso Inv Cos 50 58% Asso Tel Util... 2,350 40% 39% 40% Atlas Stores .... 100 41 ... ... Auburn Auto ... 150 505 500 505 Automatic Wash 100 25 24 25 Backstay-Welt .. 50 37% Bastian-Blessing. 350 56% 55 56% Baster Ldy “A" 150 20% 19 19 Bendix Avia .... 650 91% 90% 91 Binks Mfg 950 29% 29% 29% Borg-Warner 4,500 J 32% 80% 81 Borin Vlvitone pf 300 41% 41% Bright Star Elc A 50 6 Brown F& W A 150 23V* Brown F & W B 200 194 19 19 Club Alum 450 8 7% 7% Com Edison.. 125 375 Const Mat... 100 24% ... Con Mat pfd 150 45% Consumers... 300 10 Curtis Light.. 300 27 26% 27 Dayton R "A" 50 40 Dexter C 0.... 50 20% Elect House.. 200 75 74 75 Em Pub Serv 400 31% 31% 31% Cord .........1.5800 37% 35 37 Foote G& Ma 350 24% 24 24 Gerlach B pfd 150 25 24% 25 Gleaner 3,100 139 135 136% Godchaux ... 50 28% Great Lak Air.l.loo 20V* 20% 20% Grief Bros ... 100 47 Grigsby-Grun. 4.100 59% 58% 59% Hall Printing. 300 27 Hart-Carter.. 550 34 33% 24 Houd-Her “B” 50 42% Insull Util In 9.050 112 109% 110 In Util In pfd 900 101% 101 101 Inter Power. 50 26% Iron Fireman 500 36% 35% 86% Ken-R T & L 50 22% ... Keystone Steel 50 21 Lane D V T C 150 13% 13% 13% Libbv-McNeill.l7,Bso 18% 16 18% Lincoln Print 100 24% 24% 24% Lin Ptg pfd. 50 44 Lion Oil Ref Cos 400 32 31% 32 Lynch G 1 Ma... 10,200 28% 24 28 Marks 8r05.... 50 18% Material Serv.. 100 31 McQuay Noris. 100 70 Mead Mfg Cos cm 150 6% 6 6% Mer &Ms A 100 33% 33 33% Mid West Util.. 1.050 450 445% 450 MWUt 6% pfd 250 155 M W Ut pr lien 50 168 Mi Ut 7% A pfd 50 102% Modine 200 69% Mohawk Rub.... 50 33 Morgan L-itho... 50 21% Mun Gear A... 850 16% 15 16% Mun” Gear 8... 3.200 10% 8% 9 Muskeg Mo Spec 300 27 26% 27 Nachm Spgflld. 2,000 61% 60 61% Nat Elec Pow A 150 48 National Leath. 500 3% 3% 3% Natl Secur Invest 5,150 49% 48% 48% Natl Sec In Ctfs 650 111% 111 111% Nat-Stand 50 45% Nat Terminals... 50 17% Noblitt-Sparks.. 200 53 Nth Am Car... 100 50% NAS Am Cp.. 900 36% 36 36% •Pac Pub Serv A 250 28% 27% 28% Perfect Circle. . 250 60 59 60 Pines Winterfnt 100 81 ... Polym Mfg Cp 50 897 k ... ... Potter Cos 50 36 Process Corp .... 50 23 Ross Gear 100 45 ... ... Rverson A Son. 100 43% 43% 43% Sally Frocks .. 100 28 Saneamo El com 100 43 Sheffield Steel . 100 72 Sonatren 200 33 Stand Dred Cos. . 750 36 35% 36 Std Dred Cos pfd 800 37 35% 37 Steinite Radio . 400 35 24 25 Swift & Cos 550 140% 140 140% Swift Inti 300 35% Tenn Products . 50 22 Time-O-Stat Cnt 50 32% Unit Corp 400 27 26 % 27 U S Gyp PPd 2.100 78% 77% 78% U S Gypsum pfd 400 71 U S Lines 200 17% U S Radio A T 2.900 34% 32% 34% Utah Radio .... 200 19 Utility A 1nd..23,450 54 52 53% Utility A I pfd 4,600 54 52 53% Van Sicklen 200 27 26 27 Viking Pump .. 100 18 ... Wahl 200 18 17 18 Warehell pfd .. 200 33 32 33 Ward Montg <AI 100 129% ... Waukesha Mot.. 126 170 West PL A Tel 50 31 Wextark Radio, 1.150 65% 54% 65% Wieboldt Stores. 150 44 42 44 Winton Engine, 50 71 Yates Machine, 800 27' 2 26% 27 Zenith Radio., 700 45% 45% 45%

MIS TO INITIATE Five Become New Members at Luncheon Wednesday. Five persons will become members of the Kiwanis Club at its weekly luncheon Wednesday at the Claypool. They are Ralph C. Root, James L. Meyers, Dr. Harry L. Foreman, Fred A. Chapman and Harrison M Bennett. Milo H. Stuart, principal of Arsenal Technical high school will be the principal speaker. William Henderson. Technical high school graduate, will be awarded a Rosemary Fund scholarship to Butler university.

THE INDIANAPOLIS TIMES

WHEAT. LOWER ON WEAKNESS AT LIVERPOOL Good Rains Throughout Belt Send Corn Prices Down, Bv United Press CHICAGO, Sept. 9.—A lower market at Liverpool weakened wheat Chicago Board of Trade here today. Corn was lower due to good rains received over the week-end across the belt. Oats were firm. As the market opened, wheut was unchanged to 74 lower, corn was unchanged to % cent off and oats were unchanged to *4 cent higher. Liverpool failed to fall in line with the advance at Chicago, and inasmuch as heavy rains fell in the American west which will put the ground in shape for fall plowing, the market will probably carry a bearish tone in today's market, according to operators. The trade will probably remain in a waiting attitude until reports come in from the Argentine, which are expected to be bullish. The government report which comes out Tuesday is expected to be bullish. Good rains fell in lowa and Nebraska, and past night saw showers in Indiana and Illinois. The temperature is rather.too low at the present time to promote growth in the new corn, according to crop observers. The trade is expecting a very bullish governmental report tomorrow. Oats news remains unchanged this morning, receipts were expected to be small, however, and the United States report out tomorrow was expected to be bullish.

Chicago Grain Table —Sept. 9 Bu United Press _ WHEAT— Prev. Open. High. Low. Close. close. Sept.. 1.34 1.34 Vi 1.33 1.33% 1.33% Dec... 1.42 1.42% 1.41% 1.41% 1.42 Mar.. 1.47% 1.47% 1.46% 1.47'% 1.47% May.. 1.51% 1.51% 1.50% 1.50% 1.51% CORN— Sept.. 1.03% 1.03% 1.02% 1.03% 1.03% Dec... 1.01% 1.01'% 1.00% 1.00% 1.01% Mar.. 1.05 1.05 1.03% 1.04'% 1.05 May.. 1.07% ’.07% 1.06% 1.07 1.07% OATS— Sept.. .52 .52'% .51% .52% .51% Dec... .54% .55% .54% .55 .54% Mar.. .58’% .58% .57% .58% .58 May.. .59% .59% .59'% .59*s .59’% RYE— Sept.. 1.04 1.04 1.12% 1.03 1.03% Dec... 1.11% 1.11% 1.10 1.10% 1.11% Mar.. 1.17% 1.19% 1.16% 1.16% 1.17% May.. 1.20'% 1.20’% 1.18% 1.18% 1.19’% LARD— Sept. 11.70 11.70 11.60 11.70 11.75 Oct. 11.75 11.75 11.52 11.72 11.80 Nov.. Nominal 11.77 11.85 Dec.. 11.95 11.95 11.75 11.87 11.95 Jan. 12.25 12.25 12.07 12.17 12.22 RIBS— Sept. .Nominal 12.10 12.15 Oct. .No sales 12.75 12.80 BELLIES - Sept. 13.00 13.00 12.90 13.00 13.00 Oct. 13.05 13.05 12.75 13.05 13.00 Jan. 13.10 13.10 13.00 13.00 13.10 By United press TOLEDO, 0., Sept. 9.—Cash grain close: Wheat—No. 2 red, 51.38® 1.39. Corn—No. 2 yellow. [email protected]. Rye—No. 2, $1.06. Oats —No. 2 white, old, 57®58c; No. 2, white, new, 53@54c. Barley-*-No. 2,69 c. Clover—Domestic, cash, old, $11.60: cash, new. $11.60; October, $11.75: December. sl2; imported, cash, old, sll. Timothy—Cash, old. $2.60; cash, new’. $2.75; December, $2.95: March, $3.10. Alsike—Cash, new, $10.20: October. $10.40; December. $10.65. Butter —45®49c. Eggs—3s@3Bc. Hay—sl.2s cwt.

SUSS. CHINESE RENEWFIGHTING Soviet Planes Bombard City; Losses Total 500, By United Press HARBIN, Manchuria, Sept., 9 Chinese losses in the border fighting on Sunday totaled 500, including deserters, it was announced today. Pogranitchnaya was deserted by its residents. By United Press TOKIO, Sept. 9,—Soviet, troops fired on Chinese patrols eight and one-half miles east of Pogranitchnaya Sunday morning, the war office announced today. Twenty-eight Chinese were wounded. Extent of the Russian casualties was knownsoviet. airplanes appeared over Pogranitchnaya at 3:30 p. m. the same day and dropped twenty bombs. The Chinese returned the fire. One Chinese was killed. “Such border clashes must be expected.” a war office spokesman said, “and should not be interpreted as prejudicing the possibility of a Chi-nese-Russian conference.”

Produce Markets

Butter (wholesale) —No. 1. 45@46c; No. 2, Cheese (wholesale selling price per ooundi—American loaf. 35c; pimento loaf, 40c: Wisconsin firsts, 25c; Longhorn, 26c; New York limberger. 30c. Eggs—Buying prices. Fresh delivered at Indianapolis, loss off, hennery eggs, 36c; No. 7,29 c: No. 2. 24c; pulet eggs. 18c. Poultry (buying prices •—Hens, large breeds, 25c: Leghorn hens, 20c; 1929 broilers. over 2 lbs. 24c. 1929 Leghorns 20c; Rarebacks 10c per pound less, old cocks over 5 lbs., 35c; Leghorn cocks and under 5 lbs.. 12c: ducks, large white. 12c; geese, full feathered and fat, 7c; Chinese and Swan geese. sc: Guineas. 25c. WIFE WOUNDS SELF Pistol Explodes in Mrs. Harold Robbins’ Hand. Mrs. Harold RobWns, 21, of 3031 North Arsenal avenue, was shot through the left hand when a .25caliber automatic pistol exploded as she was placing it in a dresser drawer in her home early today. She was treated at St. Vincent's hospital. JURY EXPECTED TODAY Mrs. Christine Owens, Negro, on Trial for Shooting of Husband. A criminal court jury to try Mrs. Christine Owens, Negro, of 409 West Fourteenth street, for the alleged fatal shooting of her husband, Jesse Owens, in December, was expected to be obtained today. Mrs. Owens today entered a plea of not guilty to the second degree murder charge.

Business —and— Finance

More than $1,000,000,000 is represented by the market value of aircraft companies, according to a compilation made by the Brookmire Economic Service, Inc. This figure includes at least one big company which does a large business outside of the aircraft industry, but does not include a long list of companies whose business participates in aviation. Production of airplanes in 1929 will possibly fall short of 7.000 and total value of aircraft products manufactured will scarcely amount to $90,000,000, Brookmire says. It is pointed out, however, that the industry has certain other sources of income, such as air mail, freight and passenger revenues which may bring the total gross business up to $125,000,000. The American Rolling Mill Company has just ordered two more 300-horse power oil-electric locomotives for use in their Ashland (Ky.) plant. These units are to be duplicates of the four already in service, and are built jointly by the Inger-coll-Rand Company, General Electric Company, and the American Locomotive Company. A new combination radio and phonograph for home use with an automatic selective distant control for both, has been perfected by the Automatic Musical Instrument Company, and will be sold through a separate corporation, it was announced today. Directors of National Standard Company today declared a 25-cent extra dividend in addition to the regular quarterly dividend of 75 cents payable Oct, 1 to stockholders of record Sept. 20. At the same time they announced earnings after all charges including taxes, depreciation, etc., for the ten months endek 1 . July 31. 1929 of $600,046. This compaiws with earnings for the same period a year ago of $436,900. So far this year the company is showing an increase of 37.34 per cent. Utility Equities Corporation, in its report for the period of approximately eight and one-half months since organization in November, 1928, up to Aug. 30, 1929. shows income, profits and apreciation, alter absorbing initial expenses of $8,619,703. This compares with $7,317,537 as of Aug. 16. 1929, the date of the previous report, and with $3,586,764 shown in the company’s initial report as of July 12. 1929. Investments at market value have increased to $26,073,238. against $24,127,522 on Aug. 16. and $17,454,819 on July 12. Cash, call loans and contracts as of Aug. 30. amounted to $4,092,715 and dividends paid by the corporation $453,750 Announcement of the appointment of R. S. Boutelle, a member of the flight test department of the United States Army Air Service stationed at McCook Field near Dayton, as chief inspector of the Spartan Aircraft Company of Tulsa, Okla., a subsidiary of the Skelly Oil Company, was made today by L. V. Kerber, president. Isaac Silver & Bros. Cos. for August report gross sales of $718,345 against $459,622 last year, an increase of $258,723. or 56.2 per cent. For the eight months ended August, sales totaled $4,534,735 against $3,541,668 last year, an increase of $1,993,067 or 28 per cent. Metropolitan Chain Stores, Inc., for August, 1929. report gross sales of $1,612.221 against $993,481 last year, an increase of $618,740 or 62.2 per cent. For the eight months ended August gross sales were $9,736,919 against $7,175,316 for the same period last year, an increase of $2,561,603 or 35.7 per cent. Diagnosing the condition of the textile industry as “not so much sick as tired,” the National Association of Credit Men in a bulletin sent to members today says that there is a promising field, even now, for textile enterprises in both the northern and southern states. The Kelvlnator Corporation announces orders and shipments for the month of August this year nearly 40 per cent over and above those for August last year, according to a statement by H. W. Burritt, vice-president.

DEPUTY KILLS YOUTH Alabama High School Boy Shot in Booze Search, By United Press ASHLAND, Ala.. Sept. 9.—Cecil Guthrie, deputy sheriff, was held on a charge of first degree murder today while county authorities investigated killing of Clarence Bailey, 18-j T ear-old Ashland high school student, in an attempted liquor search. Guthrie claimed the shot that killed Bailey was fired accidentally as he and other deputies hid behind trees waiting to surprise the youths. The shooting occurred Sunday. Building Permits J. F. Reynolds, repair, 1415 North Pennsylvania, s'3so. Theising Veneer Company, addition, 1400 W. McCarty, SI,BOO. A. Galburg. dwelling and garage, 1050 Albany. $3,200. A. Galburg, dwelling and garage, 1046 Berwyn. $3,230. . . A. Lagrotte, garage, 126 South Noble, S3OO. C. Paschal!, dwelling and garage, 1437 North Euclid, $3,700. P. E. Powell, dwelling and garage, 1531 Shannon. $4,150. P. E. Powell, dwelling and garage, 1501 Shannon, $4,150. , E. Newkirk, garage. 1142 Linden, S2OO. College and Canal Realty Company, station, 6270 College. $12,000. Contractor on Trial Bv United Press EVANSVILLE, Ind., Sept. 9. Charged with irregularities in connection with construction of a $1,000,000 sewer here, George Fontarelli, contractor, went on trial in circuit court here today.

DEMAND FELT FOR NEW BABY AUSTIN

Small British Car Said to Go 45 Miles on One Gallon of Gas. While financing of the American Austin Car Company was completed less than three weeks ago, a substantial demand for the Baby Austin, as the famous British sev-enty-five-inch wheel-base car is kncwn abroad, has already developed. according to A. J. Brandt, president of the American company, who has just returned from inspecting the plant at Butler, Pa. “An interesting feature of the demand,” said Brandt, “has been the volume of inquiries from merchants who want a small van, casting not over SSOO, quick in traffic and of distinctive appearance, for delivering packaged merchandise.” Brandt formerly was connected with various General Motors units, including the Pontiac company, the construction of whose model plant he directed, and the Oakland company, of which he was vice-presi-dent and works manager. “We are

PORK MARKET LOWER TODAY ATCITY PENS Cattle Dull, With No Early Action; Veals Steady at $16.50 Down. Aug. Bulk. Top. Receipts. 31. $10.50 ® 11.80 $11.05 3,000 Sept. 3. 10.40® 11.40 11.40 11,000 4. *10.40® 11.40 11.40 5.500 5. 10.15® 11.15 11.25 8.000 6. 10.60®11.00 11.15 7.000 7. 10.00 'a 10.90 11.00 3.000 9. 9.90® 10.80 10.80 7.500 Hogs were 10 to 25 cents lower today at the Union Stockyards, with prices mostly 10 cents off. The bulk, 150 to 280 pounds, sold at $9.90 to $10.80; top price, SIO.BO. Receipts were 7.500; holdovers, 207. Cattle’were dull with no early action. Vealers were steady, selling at $16.50 down. Sheep were steady with Friday’s market. Lambs sold at sl2 to sl3; top price. $13.50. Fat ewes were $4.50 to $6.50. Chicago hog receipts today were 40,000, including 10.000 direct. Holdovers were 1.000. Market slow with few early sales and bids around steady with Friday’s average; $11.50 bid for choice around 200 pounds; $lO paid for 280 to 290 pounders. Cattle receipts were 28,000; sheep, 38.000. Indianapolis livestock prices: Hogs, 250 to 350 pounds, $9 to $10.20; 200 to 250 pounds, $10.25 to $10.70; 160 to 200 pounds, SIO.BO to $10.90; 130 to 160 pounds, $9.25 to $10.35; 90 to 130 pounds, $8.25 to $9.60; packing sows, $7.75 to $8.50. Cattle receipts, 700; Calves, receipts, 300; market, slaughter classes dull; veals steady; steers, $lO to $15.50; beef cows, $7.50 to $9.50; low cutter and cutter cows. $5 to $6.75; vealers, $15.50 to $16.50; heavy calves, $7 to $12.50; bulk stock and feeder steers, $8 to $11.50. Sheep receipts 700; market steady; lambs. $13.50; bulk fat lambs, sl2 to $13.25; bulk cull lambs, $7.50 to $8.50; bulk fat ewes, $4.50 to $6. —Hogs— Receipts. 7,500; market, lower. 250-350 lbs $ 9.00® 10.20 200-250 lbs 10 25(510.70 160-200 lbs 10.80® 10.90 130-160 lbs 9.25(5)10.35 90-130 lbs 8.25(5) 9.60 Packing sows 7.75@ 8.50 -CattleReceipts, 700: market, steady. Beef steers [email protected] Beef cows 7.50 fp 9.50 Low cutter and cutter cow’s... 5.00(5) 6.75 Bulk stock and feeder steers.. [email protected] —Calves— Receipts. 300; market, lower. Best veals [email protected] Heavy calves [email protected] —Sheep— Receipts. 700; market, steady. Tod fat lambs $13.50 Bulk fat lambs [email protected] Bulk cull lambs 7.50® 8.50 Bulk fat ewes 4.50® 6.00

Other Livestock Bv United Press PITTSBURGH. Sept,. 9.—Hogs—Receipts, 5,600; market, 25c lower; 250-300 lbs.. slo© 10.50; 200-250 lbs.. lbs., sll @11.50; 3-16 lbs.. $9.55®11.35: 90130 lbs. $9(5 10.25; packing sows. $8.50@9. Cattle—Receipts, 1,100: calves, 800; market, steady to 25c lower: befe steers, $10@13; light yearling steers and heifers, [email protected]; bes cows, $7.50®9.25; low cutter and cutter cow’s. ss@7; vealers, sl4® 18: heavy calves, sll @ls. Cattle—Receipts, 6,650: market, weak to 25c lower; fat lambs, $13.50; bulk fat lambs, sll @ 13.50; bulk cull lambs, $8<®10: bulk ewes, $5®6.50; bulk yearlings. sß@ 11.50. By United Press . _ „ FT. WAYNE. Ind.. Sept. 9.—Cattle—Receipts, 75: calves, receipts 50; hogs, receipts. 300: sheep, receipts, 150; hogs, market, 15c lower; 90-130 lbs., $8.85; 120150 lbs., $9.35® 150-160 lbs.. $10.10; 160-180 lbs.. $10.55; 180-200 lbs., $10.65: 200-210 lbs.. $10.50; 210-220 lbs., *10.35@220-230 lbs., $10.25: 230-240 lbs., $10.15; 240-250 lbs., $10; 250-275 lbs.. $9.75; 275-300 lbs., $9.50; 300-350 lbs., $9.25; roughs, $8; stags, $6.50; calves, sl7; lambs, sl2. By Times Special LOUISVILLE, Ky., Sept. 9.—Hogs—Receipts, 200; market, 10c lower; mediums and lights, 130 to 225 lbs., [email protected]; extreme heavies, 223 lbs. up, $10; pigs, 130 lbs. down, [email protected]; stags and throwouts, [email protected]. Cattle—Receipts, 2,300; njarket, steady to unevenly lower; prime heavy steers, $11.50® 13; heavy shipping steers, [email protected]; medium and plain steers, $8.50 @9.50; fat heifers. [email protected]; good to choice cows. $7.25@9; medium to good cows. $6®7.35; cutters. $5.50®.6; canners, $4.50@5; bulls, $6®8.25; feeders, $8.50@ 10.75; stockers, £7.50® 10.50. Calves—Receipts, 1,100; market, steady; fancy calves, sl£ good to choice. $13.50® 14.50; medium to good, $11.50© 13.50; outs. $12.15 down. Sheep—Receipts, 1,000; market, steady; ewes and wethers, sl2; buck lambs, $11; seconds, s6@7: sheep, [email protected]. Saturday and Sunday’s shipments: Cattle, 240, calves, 822; hogs, none; sheep, 236. By United Press _ _ . . „ ... Clveland, Sept. 9.—Hogs—Receipts, 3,600, holdovers, 32; market, steady, 5c higher; spots. 10@l5c higher; 250-350 lbs., 59.50® 10.50; 200-250 lbs., $lO 25®11.1a; f6O-200 lbs., *10.90©11.15: 130-160 lbs., $9 [email protected]; 90-130 ibs., [email protected]; packing sows, $8.50 @9. Cattle—Receipts, 650: calves, 950; market, uneven; most, classes steady: peel steers, $8.25@11; beef cows, s7@B; low cutter and cutter cows, [email protected]; vealers, [email protected]. Sheep—Receipts, 2,900; market, lambs weak; 25c lower; sheep unevenly lower; bulk fat lambs, [email protected], bulk fat ewes, [email protected]. By United Press _ EAST BUFFALO, N. Y., Sept. 9.—Hogs— Receipts, 13,40; holdovers, 200; market, generally 25c lower; fairly active at decline; 250-350 lbs., 39.75@!0.50; 200-250 lbs.. [email protected]; 160-200 lbs., *10.75® 11.25; 130-160 lbs.. SIO@UTS; 90-130 lbs., $9.50® 10.25; packing sows, [email protected]. Cattle—Receipts. 1,750; market, slow, weak to 50c lower; calves, receipts, 9o0; market, active. 30c higher; beef steers. [email protected]: light yearling steers and heifers, [email protected]: beef cows, *8.i3@9.<5: low cutter and cutter cows, $4.25®.7.2r, vealers, slß@l9. Sheep—Receipts, 7 500; market, lambs active and steady; bulk fat lambs, sl3® 13.50: bulk cull lambs, $8 @9; bulk fat ewes, [email protected].

not going to hurry ourselves into premature production,” he said Wednesday, “but we are laying the groundwork for deliveries in volume easily next year. The call from merchants, especially in the large cities, has been surprisingly large. They want attractive small cars, sturdily built, economical to run, and speedy in heavy traffic, which heretofore they have not been able to obtain except on special order ana considerable added expense. “The Butler plant has a floor space of over 288,900 square feet and is well adapted to both manufacturing and distribution. While we already have applications from dealers from all parts of the country to handle the Baby Austin, our first deliveries will be made to the waiting list which has been growing ever since it was announced that the Austin Seven would be built here.” The Austin Seven weighs about 950 pounds, averages forty-five miles per gallon of gasoline and 1.500 miles on a pint of oil. It has a speed mark of 83.61 miles an hour and has established other records for hill-climbing, endurance, economy and reliability in many countries.

The City in Brief

TUESDAY EVENTS Rotary Clnb luncheon. CUypoot. Gvro Club luncheon. Spink-Arms. Mercator Club luncheon. Columia Club. Purchasing Agents* Association luncheon. Severin. _ . , . Indianapolis Architectural Club luncheon. 115 East Market street. American Chemical Society luncheon. Chamber of Commerce. Universal Club luncheon, Columbia Club. . Phi Gamma Delta luncheon. Chamber of Commerce. . . University of Michigan Alumni luncheon, Lincoln. Exchange CTnb of Indianapolis luncheon. Lincoln. Alliance Franciase luncheon, SpinkArms. Miss Grace L. Brown, superintendent of the Indianapolis Free Kindergarten, today announced registration of pupils will be held from 10 a. m. until noon Tuesday. On Wednesday twenty-six branch kindergartens will be opened. Mrs. Lena Taylor and Sam and Marie Shelby, Negroes, all of 2005 School street, were held by police today in connection with alleged robbery and assault on Niemeyer Farrell, Negro. 27. of 327 North California street. Farrell told police he was robbed of $125 and attacked Sunday night at Fourteenth and West streets, A card party for first ward voters will be held at 2762 Roosevelt avenue at 8 p. m. Monday. Roy M. Schwartz, ward campaign manager for the Indianapolis City Manager League is in charge. Fall term of the Indianapolis Turnverein will begin Sept. 16, following registration week. Ernest A. Senkewitz, instructor, announced class work will be held at the Athenaeum. Annual meeting of the National Association of McGuffeyites will be held at the Denison hotel at 10 a. m. Saturday. Election of officers is scheduled. Indianapolis delegates are B. D. Brooks, H. M. Chadwick, Mrs. Alice Fesler, John McFarland, Mrs. Cora Clapp, M. C. Martz, Mrs. Anna Pefihington, Mrs. Lena Hubbard. Mrs. Clara Hunter, Mrs. Wilma Morse, Mrs. J. E, Holt, Mrs. Rose Sadier, Mrs. Samantha Martin and Will A. Mason. The Irvington Republican Club will resume weekly meetings Monday night at 5446'% East Washington street, with county commissioners’ night, and George Snider, C. O. Sutton and John E. Shearer, commissioners, will speak. Vincent H. Manifold, president, will preside. Clarence McGee. 125 North Sheffield avenue, has been elected president of the Phi Gamma Sigma fraternity. Other officers are: W. H. Dye, vice-president; Jack Hutchison, secretary; Harold McGee, treasurer, and Robert Bvrkett, sergeant-at-arms. Claude Lindeman was appointed pledge master. Gasoline ignited by a lantern with which they sought to repair a carburetor on their light motor truck burned Grover Garner, 38, Negro, 2548 Baltimore avenue, and his brother. Richard, 14, Saturday night. The mishap occurred in the 1000 block North Arsenal avenue. Employes of the John Hancock Life Insurance Company, 407-408 Odd Fellow building, will hold their annual outing Sunday at Flat Rock cave. Daniel J. O’Brien is superintendent of the company’s Indianapolis branch. Henry Clauder Pfohl, director of the ministry of music of First Presbyterian church today was making plans for inauguration of the Westminster choir plan of music at the church. An adult choir, a high school choir and a junior choir will be organized. William Scott, Negro, 533 Roache street, is held in the city jail after being arrested in Muncie Sunday on a. charge of stealing a car belonging to Mrs. Mary Kline. 221 North Capitol avenue. The auto was recovered in Muncie. Voluntary petition in bankruptcy was filed in federal court today by Harvey E. Orbaugh, Anderson, listing liabilities of $2,600. Five candy vending slot machines, valued at $l5O, were taken by thieves who ransacked the office and storerooms of the Silver King Novelty Company, 611 North Capitol avenue today, Orville Williams, manager, told police.

U. S. GRAND JURY TO CONSIDER 235 CASES Few Major Charges Are Involved in Probe List. With 235 cases to be investigated the federal grand jury will meet Tuesday morning. There are few major cases in the list, more than half being minor liquor cases, according to George R. Jeffrey, district attorney. Several liquor and one narcotic conspiracy case are expected'to involve a number of persons. It is expected the case’ of Herman A. Stewart, former cashier of the Citizens National bank, Hope, Ind., charged with embezzlement, will be taken up. BIGAMIST SENTENCED Man Admits Wedding Three Women Without Divorce. Andrew Jackson McDonald, 28, of 136 North East street, today began serving a six-months’ state farm sentence meted Saturday by Criminal Judge James A. Collins, on a charge of bigamy. McDonald admitted having married three women. He was arrested several weeks ago after marrying a third woman without having divorced his second wife. His first wife died previous to his second marriage, he testified. INSPECT SANATORIUM State Board Visit to Rockville Is Scheduled Sunday. State board of health members will meet Sunday at the State Tuberculosis sanatorium at Rockville and inspect the institution, Dr. William F. King, secretary, announced today.

SbCl 1 . 9, 1929

SPANISH KING : LONGS TO WORK IN AUTOPLANT Alfonso Envies Peter the Great's Experiences in Industry. By United Press LONDON. Sept. 9.—King Alfonso of Spain, in an interview with the Sunday Express correspondent at Biarritz, France, confessed that if he had not been born a king he probably would be working in a motor car factory today. “If it could be done," King Alfonso said, “I would like tA follow the example of Peter the Russia. Peter traveled throu & Europe incognito, not shrinking from jobs in Dutch and English shipyards and factories, to become acquainted with the latest developments. “It is a good thing for a king. The idea that a king lives in a beautiful house, surrounded by silkdressed valets apd plumed lackeys and fine soldiers is antiquated. “The king is a worker —just like his people. lam a worker. I was born a monarch, not because I chose. I have to do my job. just as any other man does. “Although my job brings me in contact with matters of state, my inclinations are toward industry and the development of Spain.’’ In the Air Weather conditions at 9:30 a. m. Southwest wind, 10 miles an hour; temperature, 75; barometric pressure, 29.95 at sea level; ceiling, 2.000 feet; visibility unlimited: field, good. Leaps in Parachute Sergeant Harry Cox, One hundred and thirteenth observation squadron, Indiana national guard, made a successful parachute jump over the national guard field. Mars Hill, Sunday afternoon before a large crowd. Cox made the first jump locally with the new training parachute. He made a “live drop.” diving head•.first from a Consolidated 0-17 biplane piloted by Lieutenant Matt G. Carpenter. He landed at the northeast corner of the field. Plane Axle Damaged Bv United Press WICHITA. Kans., Sept, 9.—The airplane City of Baltimore was earthbound here today while its three pilots impatiently awaited shipments from Detroit of a repaired axle, damaged early Sunday in an unsuccessful attempt to get the plane under way for its trans-con-tinental refueling flight. G. B. Hutchinson, who, with A. B. Graham and William R. Snowden, is piloting the Maryland ship, said they hardly expected to get away before Tuesday, but that the ship would be taken off as soon as the landing gear is repaired. Expensive Plane Due A SIOO,OOO tri-motored Fokker airplane was to stop at the CurtissMars Hill airport at 2:30 this afternoon en route from Glendale, W. Va., to Hollywood, Cal.

Indianapolis Stocks

—Sept. S Bid. Ask. American Central L Ins C0....80u Belt R R A Yds Cos com 62% 66 Belt R R A Yds Cos pfd.... 57% 61 Belt RR A Yds Cos pfd 108% ... Bobb’s Merrill 34 36 Central Ind Power Cos pfd .... 92% 96 Circle Theater 109 Cities Serv Cos com 53% ... Cities Serv Cos pfd 97% ... Citizens Gas Cos com 33 Citizens Gas Cos pfd 97% 101 Commonwealth I Cos ofd 100 Equitable Sec Cos corn Hook Drug Co'com 44% ... Horuff Shoe Corp com 15 Ind Hotel Cos Clavpool c0m.... 125 Ind Hotel Cos pfd 100 Ind Serv Corn pfd 84 Indpls Gas Cos com 59 62% Indpls A Norwtn Tr Cos pfd. 7 Indpls P A L pfd 102% ... Indpls Pu Wei L Aam com... 61 Indpls St RR Cos pfd 26% 30 Indpls Wa Cos pfd 99 101% Inter Pub Ser pr It pfd ....101 104 Inter Pub Serv 6s 89 93 Merchants Pub Util Cos pfd 100 102 •Metro Loan Cos 97 101 Northern Ind Pub S G pfd 7s. 104 Northern Ind Pub S C pfd 6 96 101 Prog Laundry Cos com 50 52% E Rauh A Sons Fert Cos pfd... 50 Real Silk Hosiery Cos pfd 98 Standard Oil of Ind 55 ... T H Indpls A Tr Cos pfd 7 T H Trac A L Cos Pfd 86 Union Title Cos com 51 V Camp Prod Cos Ist pfd 96 100 V Camp Prod Cos pfd 92 —Bonds— Bid. Ask. Belt R A S Y Cos 4a 85 Broad Ripple Trac Cos 3s to ... Cent Ind Gas Cos os 97 Central Ind Power Cos 65..... 93 ... Chi S B A N Ind Rv Ist 5s .. Citizens Gas Cos 5s 99 ... Citizens Street Railroad 55.... 69 Garv St Rv Ist 5s 79 85 Home T A I of Ft Wayne 65...101 Indiana Hotel Cos 5s 100 Ind Northern Trac Cos 5s 4 5% Ind Railwav and Light Cos 5s 96 Indiana Seivice Corp 5s Indpls Power and Light Cos ... 95 97 Indiana Union Trac Cos 5s .. 4 Indpls Col A Trac 5s 98 100 Indianapolis Gas Cos 5s 98 Indpls A Martinsville T Cos ss. 17 Indpls No Trac Cos 5s 10 14 Indpls A W Trac Cos 5s 15 Indpls Street Rv 4s 52% 54% Indpls U Ry 5s J 1965 A B 100 Indpls Trac A Terminal Cos 5s 93 95 Indpls Water Cos 5%s 1953...100 Indpls Water Cos 5%s 1954 100 Indpls Water Cos lien A ref 5s 92 Indpls Water Cos 4%s 91 95% Indpls Water Works Sec Cos.. 82 ... Indpls Water Cos 4%s 91 Interstate Public Service 4%5.. 85 Interstate Public sendee Cos 5s 91 No Ind Pub Service Cos 5s 97 No Ind Telegh Cos 6s 1931 98 99% T H A E Trac Cos 5s 55 ... T H Trac and Light Cos 55.. 89 91% Union Trac of Ina Cos 6s .... 14 ... NAMED ON RELIEF BOARD Indianapolis Men to Aid Jewish Fund. Sol Blumenthal, 5814 North Pennsylvania street, and Louis J. Borinstein, 4137 North Meridian street, have been named to tile national committee of the Palestine emergency fund, to provide relief for Jews in the war areas of the Holy Land. Legal Notices BOARD OF ZONING APPEALS NOTICE OF HEARING Notice is hereby given that Genera! Parking Corporation has filed with the Board of Zoning Appeals of the City of Indianapolis a petition asking permission to vary the requirements of the Zoning Ordinance by erecting a tire, battery and gasoline sen lee staMon and an auto park at the northeast corner of Capitol and Kentucky avenue. . . A public hearing will be held by said Board In Room 401. City Hall, Tuesday, Bept. 17. 1929, at 2:30 p. m.. at which time and place all interested persons wlu be given opportunity to be heard in rerercnce to the matters set out in inic PeU BOARD OF ZONIN GAPPEALS. GEO T. O'CONNOR, President. H. B. STEEG. Secretary.