Indianapolis Times, Volume 41, Number 115, Indianapolis, Marion County, 23 September 1929 — Page 12
S'EPT. 2§f 1929
STOCK RALLY IS LED BY PUBLIC UTILITY SALES Detroit Edison Climbs to New Record High; Oils Are Improved.
Average Stock Prices
Averager of twenty industrials for Saturday was 361.19, off .89. Average of twenty rails waa 181.63. off .75. Average of forty bonds was 92.32. up 08. fm T utted Pr. a NEW YORK. Sept. 23.—Stocks developed substantial rallying power in late trading today under leadership of the public utility shares. Pivotal shares were forced below their previous closing levels in the first hour of trading, but soon met strong support and recovered. In the subsequent dealings, bullish operations were resumed in a nurn•ber of special issues and groups, carrying the main body of stocks well above last week's closing levels. A few high-priced issues, like Detroit Edison and Columbian Carbon, developed extraordinary strength, the former issue soaring more than thirty points to anew record high. Columbian Carbon met a thin market, rising 20 points. Small Gains Made Changes in the main body of stocks, however, were limited to smaller figures. Gains of one to five points each were scored by pivotal shares like Steel, Anaconda, Alleghany Corporation and United Corporation. Consolidated Gas, United Gas Improvement and Southern California Edison were strong spots in the utilities, both the latter issues selling at record highs. American and Foreign Power, North American and Standard Gas were reactionary. Anaconda was a strong spot in the late trading, running up more than four points in response to reports the issue soon would be placed on an $8 annual cash dividend basis, against $7 previously paid. Other coppers, however, were changed little. Bears continued to hammer Chrysler in the late trading, forcing it down nearly four points to anew low on reports of curtailed operations. Other motors also were reactionary, several selling at new 1929 lows. Oils Are Improved Oils were somewhat improved, while rails, with the exception of Alleghany Corporation, made little headway on either side of the market. Standard Oil of New Jersey showed recovering tendencies, regaining a point of its recent loss. Radio Corporation continued under heavy pressure throughout the afternoon, breaking to new low ground on the current movement, but strength was maintained in the amusement shares. Fox Film A moved up more than five points to anew high for the year, while Loew’s and Paramount were firm. Improvement was made in the afternoon despite a firming up in the call loan market. Call money rose to 10 per cent at 1 p. m. from the renewal rate of 8 per cent and funds were reported as scarce.
Banks and Exchange
Indianapolis bank clearings Monday, Sept. 23. $3,769,000; debits, $7,811,000. CHICAGO STATEMENT Hi/ United Press CHICAGO. Sept. 23. Bank clearings, $103,200,000; balances. $8,200,000. NEW YORK HANK STATEMENT ftn T'nitrd Press NEW YORK. Sept. 23.—Bank clearings. $566,000,000 clearing house balance. $156.000.000. federal reserve bank credit balance. $123.00.000. TREASURY STATEMENT B i/ United Priss WASHINGTON. Sept. 23.—Treasury net balance on Sept. 20 was $393,422,639.57; customs receipts so: the month to the same date totaled $34,431,450.12. More Cotton Is Ginned WASHINGTON. Sept. 23.—Cotton pinned in the United States from the 1929 crop to Sept. 16. counting round bales as halves and excluding linters, totaled 3.653.038 bales, as compared with 2,500,781 bales to Sept. 16, 1928, and 3.504,995 bales in 1927. It was reported today by the census bureau of the department of commerce.
We take pleasure in announcing the opening of an office at 248 Consolidated Building INDIANAPOLIS Telephone: Riley 8321 \ PRINCE &WHITELY Established 1878 MEMBERS New Tor\ Stoc\ Exchange Chicago Stoc\ Exchange Cleveland Stoc\ Exchange New Yor\ Curb Exchange Chicago Board of Trade Main Office, 25 Broad St-, New York
We announce the appointment of KENNETH L. OGLE as manager of our Indianapolis office PRINCE & WHITELY Established 1878 248 CONSOLIDATED BUILDING
New York Stocks ——*■—(By Thomson A McKinnon) —————
—Spt. 23 ,■ Prev. Railroad* High. Low. 12:00. close. A**on & MO 280 277 Vi At! Coast Line 194 191*, 193 194 Bait & Ohio US'* 137% 137% 13.64 Canadian Pac ..227 225'3 225 3 227 Chesa A 0hi0..264% 2644 264 -a Chesa Corp .... 83 s * 83'a 834 83s Ch! & N West...loo's 106 100 1004 Chi Ort West.. 17 17 17 184 C R I & P 135 135 135 ... Del <fe Hud50n...2184 2184 2164 2164 Del & Lacka 1565 154 155 157 Erie 884 87 874 87 Erie Ist pfd .... 62 62 62 61 A Grt Nor 119 118 119 119 Gulf Mob A Oil.. 444 444 444 434 111 Central 1424 1424 1424 ... Ka City South.. 993* 99 99 ... Lou A Nash 1544 152 1524 151 MK A T 54 4 54 54 54 Mo Pac pfd 138’, 1384 1384 1384 N Y Central ....239 4 237 4 339 4 237 4 NY NH A H 122 1214 1214 1214 Nor Pacific iOB4 1064 1064 1074 Norfolk A West 272 4 O A W 26 26 26 Pennsylvania ...1024 1014 1024 1024 PAW va 142 4 140 142 4 1404 Reading 1344 134 1344 134 Seab’d Air L.... 184 18 18 184 Southern Ry ..1604 1594 159*4 160 Southern Pac ..149 1474 1474 1494 St Paul 40 394 394 39 4 St Paul pfd .... 64 63T4 64 64 4 St L & 8 W 944 St L A S F.... 1274 1264 1264 127 Texas A Pac ..159 158 159 155 Union Pacific ..260 276 280 279 West Maryland.. 42 4174 42 41 4 Wabash 67 Rubbers— Ajax 4 3’4 4 4 Fisk 8 7*4 74 7% Goodrich 72 714 71 Vs 72 Ooodvear 1084 107 1077 k 107 Kelly-Spgfid .... 84 7% 84 9*4 Lee 11 United States.. 55’/. 54 4 54*4 55% Equipments— Am Car A Fdy.. 97 96*4 97 9674 Am Locomotive 1204 11974 119% 119% Am Steel Fd 614 61 61 61 Am Air Brake 8 57% 57% 57% ... Man Elec Sup... 28'/a 28 28Vi ... General Elec 369 360 364 4 367 4 Gen Rv Signal..l2l4 1184 1214 117% Gen Am Tank..llß% 118% 117% 11774 N Y Air Brake 44 Pressed Btl Car 17 Pullman 90% 90 90 904 Westingh Air 8.. 62Vi 61% 62 6174 Westingh Elec ..253% 250% 253% 252% Steels— Am Roll Mi115...134 1324 134 134% Bethlehem 123% 121% 1224 122% Colorado Fue l. 6774 624 66% 62 Crucible 110 1094 1094 1084 Gulf States Stl.. 66 4 664 664 664 Inland Steel ...102 101 101 100 Otis 474 47% 474 474 Rep Iron A 5t1..1417* 138% 139% 139% Ludlum 99 4 98Vi 99% 99% U S Steel 237 4 232 4 235 4 232% Alloy 54% 544 5474 534 Warren Fdy 17 Youngstwn Stl 133 Vanadium Corp 94 4 9274 9274 94 Motors— Am Bosch Mag.. 72% 71% 724 7274 Briggs 3174 29 29 4 31% Brockway Mot .. 39 38V4 38% ... Chrysler Corp .. 654 63 63% 634 Eaton Axle 597* 59 59 60 Graham Paige .. 20% 194 20 21 Borg Warner ... 75 75 75 744 Gabriel Snubbrs 18% 18 184 18 General Motors.. 74% 72% 73% 73% Elec Stor Bat... 92Vi 90% 914 91% Hudson 824 814 81% 8274 Hayes Body Corp 23 21 Vi 214 23 Hupp 44% 43 43 43% Auburn 436 Mack Trucks ...1014 100 loi% 1004 Marmon 724 714 71 Vi 714 Hem 20% 20% 20% 207a Gardner 8% 8% 84 8% Motor Wheel ... 41 40% 4074 Nash 83 82% 83 '82% P ack , ar d 29% 28% 28% 28% Pierce Arrow ... 32 32 32 317/. Studebaker Cor.. 71 704 71 704 Stew Warner .. 644 61% 627* 64% Timken Bear ...11274 m% 1124 1124 WUlys-Overland. 2074 20% 20% 20% Yellow Coach... 31 30 3074 314 White Motor .... 47 46% 46% 464 Mining:— Am Smlt A Rfg.119% 118% 119% 1184 Am Metals 73% 73% 73% 754 Am Zinc 22 20% 22 194 Anaconda Cop ..12674 123 1264 122% Calumet A Arlz 126 126 126 * 125% Calumet A Hecla 44 4374 44 437? Cerro de Pasco.. 964 95% 964' 96 Dome Mines 94 Granby Corp ... 884 8874 '8874 89 C^ n Cosp -' 183 183 183 183 Gt Nor Ore 3074 3074 304 30% Inspiration Cop 45% 43% 457* 44 Howe Sound fit Int Nickel .... 58% 57% - 58% 574 Kennecott Cop.. 87% 86 87% 85% Magma Cop 70 69 69 70 Miami Copper .. 43 43 43 Ncv Cons 47% 46% 47% 4R7Texas Gul Sul.. 72 71% 71'i 71% St Joe 67 66 66 7 U fHb Smelt 51,4 51,4 51 % ®1 Atlantic Rfg.... 62% 60% 62 ■> Barnsdall <&> .. 35 34% 3! 35 Freeport-Texas. . 46% 464 46% 183 Indp Oil A Gas 31% 3174 Cont’l Oil 3274 32% 32% w Mid-Cont Petrol 3274 32% 32% 33 u Pan-Am Pet 8.. 64 63% 64 63*/ Phillips Petrol.. 37% 36% 37 31% Prairie Oil 55% 55% 554 . Union of Cal... 51% 51 51 56% Prairie Pipe.... 61 61 61 61% Pure Oil 26% 26% 264 26V Royal Dutch ... 59 577* 59 57 Richfield 40% 40% 40 Va 40% Shell 7 1 * 27 V* 27 >4 Simms Petrol... . iv * V, /a |j, n = lalr Oil ... 354 34% *35 4 35 Skellv Oil 40 7 'a 40 1 :? 40Vi 40 3 4 Std Oil Cal 74 73 3 1 73% 74 v! Std Oil N J 744 72 3 a 73% 72% Std Oil N Y.... 44% 43% 44% 43% Tidewater 18% 18% 18% 18*4 Texas Corp.... 67 Vi 66% 677* 667 b Texas A C 0.... 15% 15% 15% . Transcontl .... 1274 12% 124 12% White Eagle 36 Industrials— Adv Rumley.... 31 31 31 38 Allis Chalmers . .294 294 294 294 Allied Chemical 333 331 331 331 A M Byers 145% 143 144 142% Armour A 11% 1174 1174 114 Amer Can 178% 175 4 173 177 Am Rolling Mill 134% Borg Warner 741;. AUeghaney Corp. 5374 52 4 53 % 51% Am Ice 50 49% 49 Vi 494 Am Wool 17 17 17 17% Assd Dry Goods 5274 52% 5274 52% Bon Alum 11874 11374 118% . Coco Cola 148% 14774 1 48% 147 Vi Cont.l Can 68 4 87 Vi 88 8774 Certainteed .... '7V4 27 27 2774 Crosley 964 96 96 9574 Congoleum 26% 25% 25% 25% Curtiss 21% 204 21% 214 Davidson Chem.. 5174 51% 51 Vi 51% Dupont 207 204% 206 4 205% Famous Players 7174 71 Vi 71*4 714 Gen Asphalt .. 84% 84 84 8574 Fox A 102% 9S 102% 98% Gold Dust 67 65% 66% 66 Glidden 57% 57% 57% 58 Int Harvester ...12974 127% 127% 128 Kelvinator 14% 14% 1474 144 Lambert 137% 133% .37% 133 4 Loews 664 65% 664 65% Mav Stores .... 87 4 8672 87 85% Roister 28 Vi 2774 27% 284 Montgom Ward .131 127% 130 128%
Natl C R 134 Vi 132 133 130% Radio Keith 341a 33 4 34 74 34% Owens Bottle ... 857* Radio Corp 95 92 94 4 95 Real Silk 74*. 704 73 Rem Rand 48** 47% 48% 487* Sears Roebuck ..166% 16374 166 164'* Union Carbide ..1317a 128% 130 1314 Un Air Craft...lo9 1057* 10574 109% Univ Pipe 7% 7% 1% 7% ÜBCs Ir pipe 28% 28% 28% 28*4 U 8 Indus A! co 221 219 219 220 Worthington Pu 133 1314 1314 131% Woolworth Cos ..102% 100% lOO’* 1017a Utilities— Am Tel Sr. Te1..299% 29674 298 4 299% Am Pr A hi. ...166 166 166 165 Am For Power .198% 1954 196 196 Am Wat Wks. .185’4 182% 185 4 183 Brklyn Man T.. 64 4 64 4 6474 65 4 Col G A E 134% 128% 133 13374 Consol Gas 169% 167% 169% 166% Elec Power ALt 8574 814 81% 81% Int T A T 133 1314 133 133% Nor Amer Cos 174*4 173% 174% 17374 Pac Light 128% 128 128 128 Pub Serv N J 137% 135 135% 136% So Cal Edison.. 89 864 38% 87% Std Gas A E1....199 4 198 4 199 200 United Corp .... 75% 74% 74% 72% Utilities Power.. 56 54% 56 56 West Union Tel 222 218% 212 221 Shipping— Am Inti Corp.. 9474 93 74 93 % 93 Atl Gulf A W 1.. 76% 75 74 76 % 75 Inti Mer M pfd.. 33 32 32 United Fruit 1324 Foods— Am Sug Rfg 80 4 804 804 8074 Beechnut Pkg ..90 90 90 90 California Pkg.. 80 7974 7974 79% Canada Drv .... 90% 89% 90% 90% C<#n Products .116 1144 114% 1154 Cuba Cane Su p .. ... ... 5 Grand Union .. 26 2574 26 Grand Union pfd 46Vi 46% 46% 46% Jewel Tea 68 68 68 68 Kraft Cheese .. 7174 e 9% 70 7074, Kroger /. 94 7* 93 74 93 74 94% Loose-Wiles .... 81% 7974 79% 80 Natl Biscuit 203% 202 203% 203 Natl Dairy 77% 76 77 764 Ward Baking B 10 10 10 10' Tobaccos— Am Sumatra.... 46% 4874 4674 4574 Am Tob IB) ....176% 174 174 1754 Con Cigars 63 74 63 % 6374 6374 General Cigar... 684 68% 68V2 6874 Lig A Myers 92*4 Lorilard 23 22*4 23 22% R J Reynolds... 57 56% 5674 56%, Tob Prod IB).. 13 124 124 1374 United Cigar St 15 15 15 15 Schulte Ret Strs 18 17% 17% 17%
Indianapolis Stocks
—Sept. 23 Bid. Ask American Central L Ins C0....800 Belt RR A Yds Cos com 624 66 Belt R R A Yds Cos pfd ...... 57 61 Belt R R A Yds Cos pfd ,1084 Bobb’s Merrill 344 364 Central Ind Power Cos pfd .... 9274 944 Circle Theater 108 . . Cities Serv Cos com 53% ... Cities Serv Cos pfd 94 ... Citizens Gas Cos com 33 Citizens Gas Cos pfd 97 101 Commonwealth L Cos pfd 100 Equitable Sec Cos com Hook Drug Cos com 44% ... Horufl Shoe Corp com 15 Ind Hotel Cos Claypool c0m.... 125 ... Ind Hotel Cos pfd 100 Ind Serv Corp pfd* 80 ... Indpls Gas Cos com 59 624 Indpls A Norwtn Tr Cos pfd. 7 . . •Indpls P and L pfd 10074 1034 Indpls Pu Wei L Ajn com... 61 Indpls St RR Cos pfd 2774 294 Indpls Wa Cos pfd 98 102 Inter Pub Ser pr 11 pfd 101 104 Inter Pub Serv 6s 89 93 Merchants Pub Util Cos pfd... 100 •Metro Loan Cos 97 101 Northern Ind Pub S G pfd 7s. 104 Northern Ind Pub S C pfd 94 100 Prog Laundry Cos com 50 5274 E Rauh A Sons Fert Cos pfd... 60 Real Silk Hosiery Cos pfa 98 ... Standard Oil of Ind 55% T H Indpls A Tr Cos pfd.... 9 T H Trac A L Cos pfd 85 Union Title Cos com 42 so V Camp Prod Cos Ist pfd 96 100 v Camp Prod Cos pfd 92 Shareholders Invest Cos 27 2874 •Ex-dividend. —Sales— Indpls P and L pfd 10 shares at 101 Union Title Cos com 10 shares at...... 50 Union Title, 10 shares at 48 —Bonds— Bid. Ask Belt R A 6 Y Cos 4s 85 Broad Ripple Trac Cos 5s 60 Cent Ind Gas Cos 5s 97 ... Central Ind Power Cos 6s 98 ... Chi S B A N Ind Ry Ist 5s Citizens Gas Cos 5s 99 101 Citizens Street Railroad 5s ... 6774 70 Gary St Ry Ist 5s 79 85 Home T A I of Ft Wayne 65...101 Indiana Hotel C~ is 98 Ind Northern Trac Cos. 5s 3 5 Ind Railway and Light Cos 5s 97 ... I.idiana Seiviee Corp 5s Indpls Power and Light Cos ... 95 97 Indiana Union Trac Cos 5s .... 3 ... Indpls Col A Trac 5s 97 Indianapolis Gas Cos s 96 98 Indpls A Martinsville T Cos ss. 15 Indpls No Trac Cos 5s 10 14 Indpls A W Trac Cos 5s 15 Indpls Street Ry 4s 51 55 Indpls URy 5s J 1965 A B 984 ... Indpls Trac A Terminal Cos Es 93 95 Indpls Water Cos 574s 19£3.. 100 Indpls Water Cos 54s 1954 .100 Indpls Water Cos lien A tel 5s 92 Indpls Water Cos 474s 91 954 Indpls Water Works Sec Cos.. 82 86 Indpls Water Cos 474s 91 Interstate Pub Serv 64s 103 Interstate Public service Cos 5s 93 No Ind Pub Service Cos 5s 97 No Ind Telegh Cos 6s 1931 98 9974 T H A E Trac Cos 5s 55 T H Trac and Light Cos 5s ... 86 91 Union Trac of Ind Cos 6s .... 14 —Sales— Citizens Street Railroad 5s one bond at. 69
BOY SLAIN BY GANG Lad, 3, on Father’s Lap Is Killed by Volley. Bu United Press MADISON, Wis., Sept. 23—Bootleg feuds of “The Bush,” Italian section of Madison that adjoins the campus of the University of Wisconsin, had claimed an innocent victim today, a 3-year-old boy. Frank Gelosi, was slain Sunday night as he sat on the lap of his father Joe, a convicted bootlegger and once branded the “worst liquor law violator of the Bush.” The father was wounded seriously by the same charge of shotgun slugs that blazed out of the darkness and pierced the body of the boy. Only the fact the child was sitting on his father’s lap saved the elder Gelosi from death, police said. RADIO FUND AIDED A SI,OOO gift for the purchase of ten short wave radio receivers for the Indianapolis police department was received today by Claude M Worley, chief of police, from the Robbins Body Corporation. Robert L. Batts, radio engineer for the Detroit police department, has been granted a six months’ leave of absence and will aid in the establishment of the police radio system here.
Local Wagon Wheat
Cltv grain elevators are paying sl.lß for No. 2 red wheat and $1.13 for No. 2 hard wheat.
JamesT. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associate Ne r York Curb Correspondent of LAMSON BROS. & CO, OTIS & CO. Stocks, Grain, Cotton 203 Continental Bank Bldg. TeL Riley 5493 Riley 6494
THE INDIANAPOLIS TIMES
PORK MARKET HOLDS STEDAY ATCITY PENS Heavyweights Unchanged; Best Prices Paid for Light Classes. Sept. Bulk. Top. Receipts 16. 10.250J0.90 10.90 5,500 17. 10.00010 65 10.65 5.000 18. 10.750:11.00 11.00 6.000 19. 10.75011.00 11.00 6,000 20. 10.90011.15 11.15 8.000 21. [email protected] 11.25 4.500 23. 10.90011.25 11.35 6.000 Hogs were mostly steady today at the city stockyards. With a few underweights selling at 10 cents higher, all others were steady. The bulk, 160 to 280 pounds, sold at $10.90 to $11.25; top price $11.35. Receipts were estimated at 6,000, holdovers 357. Cattle were slow, with indications pointing to a lower market. Vealers steady selling at sl7-50 down. i Sheep and lambs were steady with Saturday’s close. Better grade lambs sold at sl2 to $13.50. Fat ewes were $4 to $6. Chicago hog receipts were 40,000, including 13,000 directs; holdovers, 2,000. Weights under 200 pounds, strong to 10 cents higher than Friday’s average. Choice 180 to 210 pounds, sll to $11.10; mostly sll. sll/15 paid for strictly choice 200pound weights. Cattle, receipts, 20,000; sheep, 23.000. Indianapolis livestock prices today; Hogs, 250-350 pounds, $10.40 to $11.05; 200-250 pounds, $11.05 to $11.25; 160-200 pounds, $11.25 to $11.35; 130-160 pounds, $10.50 to $11; 90-130 pounds, $9.25 to $10.25; packing sows, $8.50 to $9.50. Cattle receipts, 600; calf receipts, 400; market, slaughter classes, slow, veals steady; steers quotable $10.50 to $13.50; beef cows, $7 to $9.50; low cutter and cutter cows, $5 to $6.75; veals, $16.50 to $17.50; heavy calves, $7 y> $12.50; bulk stock and feeder steers, $8 to sll. Sheep receipts, 1.200; markets little changed; lambs, sl4; bulk fat lambs, sl2 to $13.50; bulk cull lambs, $8.50 to $10.50; bulk fat ewes, $4 to $6.
—Hogs— Receipts. 6,000; market, higher. 250-350 lbs [email protected] 200-250 lbs 11.05f11.25 160-200 lbs [email protected] 130-160 lbs [email protected] 90-130 lbs 9.25® 10.25 Packing sows 8.50@ 9.50 —Cattle— Receipts, 600; market, higher. Beef steers [email protected] Beef cows 7.00® 9.50 Low cutter and cutter cows . 5.00®, 6.75 Bulk stock aftd feeder steers.. [email protected] —Calves— Receipts, 400; market, higher. Best veals [email protected] Heavy calves 7.00@‘12.50 —Sheep— Receipts. 1,200; market, steady. Top fat lambs $14.00 Bulk fat lambs 12,[email protected] Bulk cull lambs 8.50® 10,50 Bulk fat ewes 4.00@ 6.00 Other Livestock Bn United Press CHICAGO, Sept. 23.—Hogs—Receipts, 40,000; including 13,000 directs: market active and 10 to 15c higher on hogs scaling under 250 lbs.; heaVy butchers, slow and weak; packing sows, steady to 10c higher; top. $11.25; bulk of good and choice. 160-250 lbs., $10.65® 11.15; 160-200 lbs., slo.ls®' 11.25; 130-160 lbs.. $8.40® 11 packing sows, [email protected]; pigs, medium to lbs., [email protected]. CattleReceipts, 20,000; calves, 3,000; fed steers and yearlings, strong to 25c higher: better grades scarce and showing most advance; top, $16.75; and next highest sales, $16.40; mist most early sales, $15.25 down; she stock slow: replacement cattle fully steady; slaughter classes, steers, good and choice, 1300-1500 lbs., sl3@ 16.75; 1100-1300 lbs., [email protected]; 950-1100 lbs., [email protected]; com*mon and medium, 850 lbs. up, $3.75@13; fed yearlings, good and choice, 750-950 lbs., SISKS'® 16; heifers, good and choice, 850 lbs. down, [email protected]; common and medium. $7.75@13; cows, good and choice, [email protected]; comomn and medium, s7@9: low cutter and cutter cows, $5.60@7; bulls, good and choice beef, $8.90(510.75; cutter to medium. [email protected]; vealers, milk fed, good and choice. $15.75@18: medium, $12.50 @15.75; cull and common, [email protected]; Stocker and feeder steers, good and choice all weights, $11.75® 12.25; common and mediums. $8.25® 10.50. Sheep—Receipts, 23.000; slow and 15 to 25c lower; fat natives. sl3® 13.25; top. $13.60! fat ewes steady at s4@s; medium feeding lambs, steady at. $11.25; lambs, good and choice, 92 lbs. down, [email protected]; medium, sll® 12.75; cull and common. $7.50@11 ewes, medium to choice, 150 lbs. down, $4®5.50; cull and common, [email protected]; feeder lambs, good and choice, $11.75@13. LOUISVILLE, Sept. 24.—Hogs—Receipts, 1,500; market, 10c higher; mediums and lights, 130 to 250 lbs., slo® 11; extreme heavies, 250 lbs. up, $10.40; pigs. 130 lbs. down, $6.90 @8.15; stags and throwouts, $7.40@8. Cattle—Receipts, 2,800; market, steers' weak; others, steady; prime heavy steers, $11.50<3>13; heavy shipping steers, $9.50" 11.50; medium and plain steers, $8.50 @9.50; fat heifers. [email protected]; good to choice cows, $7.50@9; medium to good cows. s6@7; cutters, $5.50@6; canners, $4.50@5; bulls, s6® 8.50; feeders, *8.50® 10.75; stockers. $7.50® 10.50. Calves—Receipts, 1,300: market, tops, 50 cents higher; other, steady; fancy'calves, $15.50; good to choice, $13@15; medium to good, $10.50 Oi 13; outs, $10.50 down. Sheep—Receipts, I, market, lambs steady; sheep, oOc lower* ewes and wethers, sl2j buck lambs, $11; seconds, s6@7; sheep. s4@s. Saturday and Sunday shipments of cattle, none; calves, 721; hogs, 325; sheep, 160. B EAST ?C BUFFAL, N. Y.. Sept. 23.—Hogs— Receipts. 8.400; holdovers. 100; market, active, strong to 10c higher; 250-350 lbs., $10.75® 11.40; 200-250 lbs., [email protected]; 130-200' lbs., [email protected]; 130-160 lbs., $1 2511.65; 90-130 lbs., sll @ 11.40; packing sows, $9®9.50. Cattle—Receipts, 1,500; market generally steady. Calves—Receipts. 800; market strong to 50c higher; beef steers. $T3®15..25; light yearling steers and heifers. $13.50® 16; beef cows, $8 75® 9.75; low cutter and cutter cows, [email protected]: vealers. $18.50(519. Sheep—Receipts, 6,300; market, active; 25c to 50c higher; bulk fat. lambs, [email protected]; bulk cull lambs, $9 @10; bulk fat ewes. $5.50@6. Bu United Press _ _ CLEVELAND, Sept. 23.—Hogs—Receipts, 3,700; holdovers, 23; market, 10c higher; sows and stags, steady; 250-350 lbs., sll®. 11. 160-200 lbs., [email protected]; 130-160 lbs.. [email protected]: 90-130 lbs., $10.50@ 10.75: packing sows, $8.50@9. Cattle—Receipts. 700; calves, receipts, 700: market, steers. 25c higher; cows, strong: veals, steadv; beef steers $7.50@11: beefs cows, $7(58.50; low cutter and cutter cows, $5.50 @6.25; vealers, [email protected]. Sheep—Receipts, none: market, steady; bulk fat lambs, $13.75(5.14; bulk fat ewes, ss@6. Bu United Press „ _ CINCINNATI, 0., Sept. 23—Hogs—Receipts. 3.500; holdovers, 23: market. 25c to 50c higher; 250-350 lbs., $9.75(g11.10; 200250 lbs., 510.75® 11.30; 160-200 lbs.. $10.50 @11.30; 130-160 lbs., slo@lo-75; 90-130 lbs., 58.50@ 9.50. Cattle Receipts. 2,950. Calves—Receipts. 525; market, steady; beef steers. sß® 14; light yearling steers and heifers, sß@l4: beef cows. $7.50<g9: low cutter and cutter cows. [email protected]; vealers. [email protected]; bulk stock and feeder setters. sß@lo. Sheep—Receipts. 900; market, steady; top. fat lambs. $13.50: bulk fat lambs. $12313.50; bulk cull lambs, $4 @6; bulk fat ewes, [email protected]. TOLEDO, 0.. Sept. 23.—Hogs—Receipts, 500: market; 10® 25c higher; quality, good; close, steady; heavies. [email protected]; mediums, $11.25@ 11.50; Yorkers, sll® 11.25; pigs. slo@ 30.25. Cattle—Receipts. 200; mostlv stockers feeders: market, steady; calves, light; market, steady. Sheep and lambs—Light; market, steady.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cottoe Exchange Chicago .Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501
Business —and— Finance
Indianapolis offices of Prince and Whitely, New York stockbrokers, were opened today at 208 Consolidated building, by K. L. Ogle, 1330 North New Jersey street, resident manager. The firm was organized in 1878, and holds memberships in the New York Stock Exchange, Chicago Stock Exchange, Cleveland Stock Exchange, New York Curb Exchange, and the Chicago Board of Trade. Ogle has been in the brokerage business for five years. He is a graduate of Princeton university, and a veteran of the World war, in which he served with the Rainbow division. Following a special meeting of the board of directors of the Indiana Consumers Gas and By-Products Company held today at 14 Wall street, New York city, President Alfred M. Ogle announced that the company had recently closed two additional twenty-year contracts to supply gas at wholesale from the company’s plant at Terre Haute, Ind., through long distance high pressure transmission lines to the Central Illinois Public Service Company and the Interstate Public Service Company, both of which are controlled by the Insull interests of Chicago. Net profits of the 609 Industrial, utility and. railroad corporations so far reportfng were $1,566,706,000 for the first six months of 1929, a gain of 34.5 per cent over the similar period of 1928. according to the Standard Statistics Company of New York. Gains in the industrial division led with an increase of 40.1 pe F “£,4 the 1929 half year showing profits for 527 companies of $1,180,690,000 against $842,905.000 in the 1923 six months. The utilities gained 12.8 per cent, the fighr s being $201,744,000 against $178,835,000 Fortv-nine railroads reported net profits of $184,272,000 in the 1329 period, a gam ol 36 5 per cent over the $134,980,000 shown In the 1928 half year. Despite the fact that most cotton goods manufacturers have maintained a larjfe volume of output so far tins year, they have recenUy succeeded in more nearly adjusting their ifroduction to current consumptive requirements, according to the current survey of the Standard Statistics Company of New York. NEW YORK. Sept. 23—The Consolidated Instrument Company of America. Inc., announces the development of anew Earth Inductor Compass, which embodies many improvements upon the original type ol Earth Inductor Compass developed by Dr. Paul R. Hevl and Dr. Lyman J. Briggs of the bureau of standards for the air service. United States army.
Formation of anew national chain store system, the Standard Home Utilities, Inc., selling only nationally advertised merchandise for gas and electrical consumption and owned by the Spiegel Mav Stern Company, a Chciago mail order house, was announced by r. L. Innes, president of Spiegel May Stern. Consolidated net operating income of the Commercial Credit companies for Julv. 1929. was $654,719.09, as compared with $378,767.77 for July. 1928. Net Income on the average common stock outstanding for July, 1929, was at the annual rate of $6.03 per share as compared with $4.68 for July. 1928. Net sales for August of Lane Drug Stores, Inc. a company which operates a chain of sixty drug stores throughout the south, amounted to $333,580. Net profit for the same month amounted to $30,258, the figures for both sales and earnings being higher than for any month in the current year. ' John Burnham & Cos. are expected to offer within a few days 150,000 units of the Burnham Trading Corporation, under Burnham management. The units nrobably will consist of one share of $3 dividend no par convertible preferred stock and one share of common stock at an approximate price ot J 65 a unit. Application will be made to list both issues on the Chicago Stock Exchange. DETROIT. Sept. 23.—Sales of the Kirsch Company from July 1 to Sept 9, 1929, ■were $391,736 as compared with $338,537 in the same period last year, an increase of approximately 16 per cent, according to a statement issued today by C. W. Kirsch, president. Sales for the year ended June 30. 1929. were $2,380,003, an Increase of $290,869 over 1928. Nachman-SprlngfiUed Corporation has recentlv established anew plant at Norfolk, Va.. It is announced. This makes a total of six plants, others being located at Brooklyn, Norfolk. Chelsea, Grand Rapids, Chicago and Los Angeles. Directors of the Hartman Corporation todav approved the offer from Montgomery Ward & Cos. to acauire the Hartman Corporation and subsidiaries. A special meeting of Hartman stockholders has been called for Oct. 25 to vote on the proposal. During the first seven months of 1929 the electric light and power industry added 1.150,000 kilowatts to the capacity of its generating plants, according to a statement issued by the statistical research department of the National Electric Light Association. Acquisition of controlling interest in the Independent Oil Company, the Hackleburg Oil Company and the Home Oil Company. all operating in Mississippi and Alabama. by the Lion Oil Refining Company of El Dorado. Ark., is announced today by Colonel T. H. Barton, president of the company.
CRASHES KILL FIVE Two Lose Lives in Plane Wreck at Anderson, Bu United Press CHICAGO, Sept. 23.—Airplane crashes took five lives in the mid-dle-west over the week-end. Charles Folsom, 20, and Seth Baughn, 15, were killed near Anderson, Ind., Sunday when their plane went into a tailspin and crashed from 200 feet. Lieutenant Mark H. Redmon was killed near Fairfield, 0., when his plane got out of control shortly after the takeoff and fell 300 feet. Fred Center, 24, and Lester D. Baker, were killed when the plane in which they were riding crashed near Iroquois, 111. The plane burst into flames and both were burned. Other Livestock Bu United Press FT. WAYNE. Ind., Sept. 23.—Calves— Receipts, 25; hogs, 300; sheep, 150; hog market. 10c up: 90-110 lbs.. $9; 110-140 lbs., $9.50; 140-160 lbs., $10.35; 160-180 lbs., $10.85; 180-200 lbs.. $11; 200-220 lbs., $11.10; 220-240 lbs., $10.95; 240-260 lbs., $10.85. 260-280 lbs., $10.60; 280-300 lbs., $10.45; 300-350 lbs., $10.10; roughs. $8.05; stags, $6.50; calves. sl7; lambs, $12.50. Bu United Press PITTSBURGH, Sept. 23 Hogs—Receipts, 3,200: market, 15@25c higher: 250300 lbs., [email protected]: 200-250 Ids., $11.25 @11.80; 160-200 lbs., $11.50@ 11.80. Cattle —Receipts, 1.150; market, steady to 25c higher; calves, 700; steady; beef, steers, [email protected]; light yearling steers and heifers, [email protected]: beef cows, $7.50@9; low cutter and cutter cows, ss@7; vealers, sl4 @18: heavy calves, [email protected]. SheepReceipts. 4.200: market, steadv to 25c lower: top fat lambs. sl4; bulk Jat lambs, $11.50@14: bulk cull lambs, $8.50® 11; bulk ewes. ss® 6.50; bulk vearlings. sß@ll.
PROFIT-TAKING CURBS WHEAT PRICE_LOSSES Rains Bring Weakness in Buenos Aires, Liverpool Quotations. BY WILLIAM P. M’KENNA United Press Staff Correspondent CHICAGO, Sept, 23.—Heavy absorption by commission houses and profit-taking shorts held wheat to moderate losses on the board of trade today, in spite of the sharp weakness exhibited by Liverpool and Buenos Aires on scattered rains over the southern hemisphere. Rumors of a possible frost in the Argentine resulted in a short-lived rally after midday. September finished strong. Larger receipts and increased visible supplies upset the nearby deliveries of corn. Oats were uneven. At the close, wheat was 17s cent lower to % cent higher, com was off % to 276 cents, and oats were 74 cent lower to 74 cent higher. Provisions lost as much as 50 points. Australian drouth news helped the wfieat market at Chicago early in spite of later cables reporting showers in that country, but as Liverpool and Winnipeg worked lower, pressure increased here. Buenos Aires at midday was 1% cent lower and rains were reported in the Rosario and Sante Fe province of Argentina. September wheat had moments of strength, although the tone was heavy most of the session. Cash prices were unchanged, to 74 cent lower. Weather most favorable for maturing corn and free country offerings joined with the weakness of wheat to affect the course grain futures. Support on the early corn breaks was lacking. Cash prices were % to 1 cent lower. Receipts were 348 cars. Nearby deliveries of oats were affected by the action corn, but the later months held relatively firm, giving the morning’s trade a mixed tone. Cash prices were steady 74 cent lower. Receipts were seventytwo cars.
Chicago Grain Table —Sept. 23 WHEAT— Prev - Open. High. Low. Close. Close. Sept. 1.28% 1.29% 1.28 1.28% -.28% Dec... 1.37-% 1-37% 135 1.36% 1.36 Mar... 1.41% 1.42*4 1.04% 1.41 1.42 Mav.. 1.45% 1.47% 1.45 1.45% 1.46% CORN — Sept.. .99% 1.00% .97% .97% .99y 8 Dec... .99% .97% .96 .96% ,59% Mar... 1.00% 1.01% 1.00% 1.00% I.Ol'A May. 1.03% 1.04% 1.02% 1.03% 1.03% Oats — Sept.. .50% .51 .50V8 .50% .50% Dec... .53 .53% .52% .53 .53% Mar.. .56% .56% .55% .55% .56 May.. .57% .57% .57 .57% .57% Sept.. 1.01% 101% 1.01% 1.01 Va 1.01% Dec... 1.07% I.oß'/a 1-07% 1.07% 1.07% Mar.. 1.13 1.13% 1.12% 1.12% 1.13% May.. 1.15% 1.16 1.15 1.15% 1.15% LARD— Sept. 11.50 11.50 11.30 11.30 11.55 Oct.. 11.50 11.50 11.30 11.30 11.55 Dec.. 11.72 11.72 11.52 11.52 11.75 Jan.. 12.15 12.15 12.05 12.05 12.15 RIBS— Sept.. 11.50 Nominal 11.50 12.00 Oct.. 12.45 12.45 11.50 11.50 12.00 BELLIES— Sept. 11.87 Nominal 11.87 12.60 Oct.. 12.60 12.60 11.87 11.87 12.60 Bu Times Special CHICAGO. Sept. 23.—Carlots: Wheat, 54; corn. 263; oats, 49; rye. 22. and barley, 24. Bu United Press CHICAGO. Sept. 23.—Cash grain close; Wheat—No. 4 red. $1.23; No. 2 hard. $1.27 01.27%: No. 3. $1.26%; No. 2 hard yellow, $i.26%@1.27%; No. 3. $1.2601.26%: No. 4, $1.23. Corn—No. 1 mixed, 98®98%c; No. 2. 98098%c; No. 3. 97%®97%c; No. 4, 97%c: No. 6,96 c; No. 1 yellow, 9809914 c; No. 2. 98099%c; No. 3, 97*4@98%c; No. 4, 97@97%c; No. 6. 96%®97%c; No. 1 white, 98®98%c; No. 2, 98098*40; sample grade, 94%c. Oats—No. 2 white. 48%@50c; No. 3, 47%@49c; No. 4. 46047 c; sample grade, 48c. Barley—6l® 68c. Timothy 5.50. C10ver—511.75019.75. Bu Vnitcd Press TOLEDO, 0.. Sept. 23.—Cash grain close: Wheat—No. 2 red. $1.320 1.33. Corn —No. 2 yellow'. $1.0.3%® 1.04%c. Rye No. 2. $1.05. Oats—No. 2 white, old. 56® 57c; No. 2 white, new. 52@53c. Barley No. 2. 70c. Clover, domestic, cash, old, $11.60® 11.80; cash. new. October. $11.75011.95; December. $12.10® 12.10; imported, cash, old, [email protected]. Timothy—Cash, old, $2.60; cash. new. $2.80; December, $2.95: March, $3.10. Alsike Cash. old. *10.75: October, $10.90; December, $11.15. Butter—47o 51c. Eggs—36® 39c. Hay—sl.2o cwt.
Produce Markets
Butter (wholesale) —No. I, 49@50c; No. 2. 47@48c. Butterfat—4sc. Cheese (wholesale selling price per pound)—American loaf. 35c; pimento loaf, 37c: Wisconsin firsts, 27c; Longhorn. 26c; New York limberger. 30c. Strictly fresh eggs, loss off, delivered In Indianapolis. 35@36c. Poultry (buying prices)—Hens. 25c; springers, 24c; Leghorn springers, 20c; Leghorn hens, 20c; 1929 Leghorn broilers, to 2 lbs., 24c; old roosters, large. 12@ 15c; small, 10@15c; ducks. 12c; small, 10@ 12c; spring guineas, 30c; turkeys. No. 1 young toms. 35c; No. 1 old toms. 22@23c: No. 2 old hens. 25@30c. Bu United Press NEW YORK, Sept. 23.—Flour—Quiet and weak; spring patents, [email protected] PorkSteady; mess, $30.50. Lard—Steady: mldIde west spot. [email protected]. Tallow—Firm; special to extra, BM,(&BV2C. Potatoes Steady and unchanged; Long Island. s2@ 6.10; Jersey, $1.75®4.75; Maine, [email protected]. Sweet potatoes—Weak; southern baskets, [email protected]; southern barrels, [email protected]; Jersey. [email protected]. Dressed poultrv Steady; turkeys. 30@60c; chickens. 25@ 44c; fowls, 20@36c: ducks, 18@25c; ducks. Long Island, 20@25c. Live poultry—Quietgeese, 13®20c: ducks, 16@28c; fowls, 22® 33c, turkeys* 40@45c; roosters, 20@21c; chickens, 22@33c; broilers. 32®3*7c. Cheese u i. e^. sttae whoie milk, fancy to special, 27V2@29!ic; young Americas, 24yj(a28c. Bu United Press CHICAGO. Sept. 23.—Eggs—Market firm; receipts, 7,466 cases; extra firsts, 39@40c; firsts, 38’'2c; ordinaries, 32@35c; seconds, itS.? 00- Butter—Market steadv; receipts, 5,821 tubs; extras, 46c; extra firsts, 43v 2 @ 4pc; firsts, 40*2@42c; seconds, 38®39c: standards, 45c. Poultry—Market, hens steady; springs easy: receipts, 7 cars; folws. 26c; springers, 25@251 2 c; Leghorns, ? lc; 19621 c; geese, 16@20c; turkeys. 28@30c; roosters, 21c; broilers, 26c. Cheese—Twins, 22 l i@22 3 4 c; young Amerces. 24>2C. Potatoes—On track. 488; arrivals, 311; shipments, 1,360; market weak; Wisconsin sacked round whites, $2.20® ?( 35: ,_ M ,i rll ? esota- 5252.20; Minnesota and North Dakota sacked Red river Ohios, *2.10@2 25; Idaho sacked russets, large, [email protected]; medium, [email protected]. 8 Bu United Press NEW YORK, Sept. 23.—Flour—Quiet and weak: spring patents, [email protected]. PorkSteady: mess, $30.50. Lard—Steady; middle west spot. sl2® 12.10. Tallow—Firm; special to extra, [email protected] l 4@Bfec. Potatoes Steady and unchanged; Long Island, $2.60 @6.10; Jersey, [email protected]: Maine, *[email protected]. Potatoes—Weak; southern baskets, $1.2-)® 1.50, southern barrels, $2.50®3.50: Jersey, $1.75(52.25. Dressed poultry ffr 3 ■ i! U c 30 6 6( >c; chickens, 25@ 41c. fowls 20@36c; ducks, 18@25c; ducks, Long Island, 20®25c. Live poultry—Quietgeese 13® 20c; ducks, 16® 28c; fowls, 22@ ui i lurkeys, 40@45c; roosters, 20@21c; chickens, 22@33c; broilers. 32@37c. Cneese ifc COLLEGE HEAD NAMED Bu United Press ANN ARBOR, Mich., Sept. 23. Dr. Alexander Graham Ruthven, formerly dean of administration, has teen named acting president of the University of Michigan, to succeed Dr. Clarence Cook Little. Dr. Little’s resignation became effective Sept. L ,
On Commission Row
fruits Apples—Choice, *202.25: Wealthy. *2.50; Maiden Blush, *3.7503: Jonathans. *2.7: Grimes Golden. *2.75; New York Duchess. *2.25 5 2.50; Gravestein. *3: Wolf River. *3.50. Apricots—s2.7so3. „ Grapes California seedless. $2.25 a crate; Malagas, *2 a crate; Tokays, $2. Lemons—California, a crate. sls. Peaches—Mlcmgan Elbertas. $2 7553. Limes—Jamacia, 2.25@3. Oranges—California Valencia. S3 75®8 Peaches—Michigan Elbertas. $2.7503. Plums—s2.7s: Idaho. 16-lb. case. sl. VEGETABLES Feans—Green, stringless. $1.7502.50. Beets—Home-grown, doz.. 40c. Carrots—Home-grown, doz.. 50c. Cabbage—s3.so a barrel. Cantaloupes Flats. $1.2501.50; Colorado. $3.25; Tiptops, barrels. $4 50; Jumbo. $1.50. Cauliflower—Washington, crate. $2.75. Corn—Home-grown, 25©30c a dozen Cucumbers—Hothouse, a dozen. *1.25. Eggplant—sl.so32 a dozen; *232.25 • hamper Kale—Spring, a bushel. *1 Lettuce California Iceberg, $5 a crate; home-grown leaf, a bushel. sl. Mustard—A bushel. *l. Onions—lndiana yellows. $2.75 a 100-lb. Parsley—Home-grown, doz. bunches. 45c Peas—New York. $3 hamper. Fcppers—Home-grown, *1.50 a bushel. Potatoes—Wisconsin and Minnesota white. $4 7505 a 160-lb. bag; Red River Ohios. 120-lb.. $3.50. Radishes—Button, nothouse. dozen. 60c: Southern. long red 15025 c doz. Sweet Potatoes—Virginia Jerseys, $4.50 a barrel; $2 a bushel. Tomatoes Home-grown. a bushel $1.25: 15-lb. basket. 50c. Watermelons—lndiana. 40@65c each. Bn United Pres* CHICAGO. Sept. 23.—Apples. $1.75 to $2.50 per bushel.
In the Stock Market
(By Thomson A McKinnon) Although there Is nothing particularly new in the over Sunday developments, factors of an unfavorable character are more conspicuous than those of a favorable nature. Apparently the Hatry affair has increased apprehension in all foreign markets and from the tone of the cables this morning, confidence, particularly in London has been badly shaken and liquidation is still in progress. Coming in conjunction with this is increased agitation for an advance in the London bank rate and when we realize that foreign capital Is playing an important part in our own markets, the seriousness of the situation is brought closer. The steadily declining operations in the steel industry as well as the slackening in motors, are receiving increased attention and the ability of fall business to hold its pace of a year ago is coming in for serious discussion. The one redeeming feature, of course, is the optimistic viewpoint of Mitchell, head of the National City bank. His comment that the credit situation is not at all alarming and that the expanding brokers’ loans account is no cause for worry is at least reassuring, technically. We believe the market is in position to recover quickly at the first sign of encouragement from London, but we do not believe the situation warrants any ideas of an uninterrupted advance.
In the Air Weather conditions at 9:30 a. m. East wind three miles an hour; temperature, 68; barometric pressure, 30.23 at sea level; ceiling, unlimited; visibility, five miles, city smoke; field, good. Arrivals and Departures Hoosier Airport—Walter Muth, Curtiss Robin, St. Louis to Syracuse, N. Y.; V. M. Young, American Eagle, Gary to Evansville. Capitol F. Douglas, Capitol pilot, Ryan brougham, from Evansville with three passengers; Dick Knox, pilot, and J. H. McDuffee, Prest-O-Lite Storage Battery Corporation vice-president, Ryan monoplane, from business trip to Pontiac, Mich. Curtiss-Mars Hill Airport—Earl F. Ward, Interstate Air Lines operations manager, to Evansville; Dale (Red) Jackson, co-holder of the world's sustained flight record, J 6 Travel Air biplane, Wichita, Kan., to New York City; Embry-Riddle air mail plane passengers included: George L. Stalker, Indianapolis, to Chicago, and Stanley C. Huffman, Embry-Riddle operations manager, from Cincinnati and return, and John Sutherland, local assistant representative, to Cincinnati and return; Amelia Earhart, Lockheed Vega monoplane, St. Louis to New York; R. A. Barbin, Robin, William Brewster, Moth biplane, and Earl W. Sweeney, Cessna monoplane, returned from Marion.
Many Take Air Trips Indianapolis airports enjoyed a thriving passenger business Sunday. Hoosier airport, refueling base for the Indianapolis Flamingo endurance flight, was rushed, great crowds thronging the port to watch refueling contacts. With all Hoosier pilots carrying passengers, it was impossible to accommodate all persons wishing to take air rides and view the Flamingo from aloft. An S O S call to Capitol airport brought E. H. Jose with a Ryan brougham, who assisted in carrying passengers. Hoosier carried passengers in two planes after dark until 11 p. m. Capitol airport and the CurtissMars Hill field also were visited by large crowds.
Sweeney Wins Race Earl W. Sweeney, Curtiss Flying Service of Indiana chief instructor, placed first in one of two twenty-five-mile air races at Marion Sunday in connection with the Marion air show. He flew a Cessna monoplane. Clyde Shockley, Kokomo, flying a Taperwing Waco, was first in the Indianapolis-to-Marion handicap race. His time was announced as thirty-four minutes, fifteen seconds. Sweeney was second. Dick Arnett, Lafayette, flying a J-6 Waco, was first in the second twenty-five-mile race at Marion. Twentyltwo planes, many of them participants in the Indiana air tour which closed Saturday, attended the exposition. DISMISS BRIDGE SUIT Pennsylvania Railway Case Against City Is Settled. Five-year-old suit of the Pennsylvania railroad to enjoin the Indianapolis board of works from requiring the railroad to pay for changing its three bridges across White river in connection with flood prevention program today was dismissed in federal court on agreement of both parties, , _
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SPORT FAN IS DEFENDED FOR* HIS ‘LAZINESS' Psychiatrist Says There Is Benefit in Watching Others Play. Bu T'nited Press NEW YORK, Sept. 23.—Here, at last, is a scientific defender for the the fan—the man or woman who rather would watch a game than play it. He is Dr. A. Brill, noted psychiatrist, who, in the current North American Review, expresses the view than “many of us better might watch games often and play them less.’’ The man who sits in an office or stands passively beside a machine all week is likely to do himself more harm than good bv breaking out with a period of strenuous exercise on the tennis court, baseball diamond or beach on Saturday, Dr. Brill believes. On the other hand, the same man yelling himself hoarse at a baseball or football game or boxing match will benefit both psychically and physically by satisfying the age-old combative instinct which he inherits from cave-dwelling ancestors, he says. Legal Notices BOARD OP ZONING APPEALS NOTICE OP HEARING Notice is hereby given that Ralph E. Peckham has filed with the Board of Zoning Appeals of the City of Indianapolis a petition asking pernusison to vary the requirements of the Zoning Ordinance by erecting a filling station at the n. c. corner of Holmes and West Tenth street. A public hearing will be neid by said Board in Room 401 City Hall, Tuesday, October 1, 1929, at 2:30 p. m. at which time and place all interested persons will be given opportunity to be heard in reference to the matters set out In said petition. BOARD OP ZONING APPEALS GEO. T. O’CONNOR. President. H. B. STEED, Secretary. BOARD OF ZONING APPEALS NOTICE OP HEARING Notice is hereby given tnat Bet'a-El-Zedek Coiiir. has glea with the Board of Zoning Appeals of the City of Indianapolis a petition asking permisison to vary the requirements of the Zoning Ordinance by using the ground on east, side of Blull Road north of Raymond street as a cemetery. . . A public hearing will be held by said Board in Room 4UI City Hall. Tuesday. Oct. 1, 1929, at 2:30 p. m. at which time and place all interested persons will be given opportunity to be heard in reference to the matters set out in said petition. BOARD OF ZONING APPEALS. GEO. T. O'CONNOR. President. H. B. STEEG, Secretary. . BOARD OF ZONING APPEALS NOTICE OP HEARING. Notice is hereby given tbal Italph Tincher 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 building 6xß feet in the rear of the residence and to Install boiler for use in connections with home laundry at 443 South Arlington avenue. A public hearing will be held by said Board in Room 401 City Hall. Tuesday, Oct. Ist., 1929 at 2:30 p. m., at which time and place ail interested persons will be given opportunity to be heard in reference to the matters set out in said petition. BOARD OF ZONING APPEALS. GEO. T. O’CONNOR. President. H. B. STEEP. Secretary. ONE OLDS touring car, 1924; license No. 82-965; serial No. 6153-M-30 S; engine No. B 25120; will be sold at auction to highest bidder. Oct. 10. at 10 a. in., to cover storage and repairs. Acme Gajage. 538-40 E. Wabash st, ONE FORD touring, i924; license No. 1-190715; engine No. 98707/6; will be sold at public auction to highest bidder, to cover storage and repairs; Oct. 10, 10 a. m. Acme Garage, 538 E. Wabash st.
Death Notices AGRASTA, CATHERINE—Age 18 months, daughter of Mr. and Mrs. S. Agrasta or 125 S. Oriental st., passed away Sunday, Sept. 22. For information call FINN BROS.’ FUNERAL HOME. TA. 1835. BORING. CATHERINE JANE—Of 3 miles south of Carroiton, pased away Sunday, Sept. 22, age 77 years. Funeral Sept. 24, at residence. 10 a. m.; Carrollton M. P. church at 10:30 a. m. Interment Fairview cemetery in charge of Max Herrlich & Son. BROUGHTON, MINNIE KRENAN—Widow of M. T. Broughton, departed this life September 23. age 65 years. Funeral Wednesday, Sept. 25, at More & Kirk. Funeral Home, 2530 Station 6L, 10 a. m. Burial Crown Hill cemetery. Friends lnvited. CAMPBELL, JOHN E.—Beloved husband of Anna Campbell and father of Glenn and Sadie Campbell and Mrs. J. L. McCurdy of Boston, Mass., departed this life Sunday, Sept. 22, age 65 years. Funeral Wednesday, Sept. 25, at Moore & Kirk Funeral Home, 3447 College Ave , 11 a m. Burial Bethel cemetery. Friends Invited. LiEBER, ROBERT Beloved husband of Clara Lieber, father of Louise and Clara Lieber, died Sunday, Sept. 22, age 50 years. Funeral services at the residence, 3502 Central Ave., Tuesday, 2:30 p. m. Burial private at Crow-n Hill. Friends ar requested to omit flowers. POWELL, WILLIAM (BILLIE) Beloved husband of Della Powell, passed away Sept. 22, age 45 years. Short services a6 residence, 118 Richwine St., Wednesday, Sept. 25, 1:30 p. m., and at West Washington Presbyterian church, corner Mfily and Washington Sts., at 2 p. m. Burial Crown Hill. Friends invited. RILEY, WILLIAM j.— Age 23 years, son of Mrs. Sarah Riley, died Saturday. Sept. 21. Funeral Tuesday, Sept. 24, at 8:30. from resilence, 1632 E. Kelley St. Services St. Catherine's church, 9 a. m. Friends invited. THOMPSON, L. F.—Beloved husband of Ruth Thompson, at his home, 1117 8. Richland, age 68 years, father of William, Elmer, Arthur and Ray Thompson, Edith Dinninger, Gertrude Fulton, Margaret Meyers and Bernice Thompson. Furneral at the home Tuesday, Sept. 24. 1929, 2 p. m. Burial Washington Park cemetery. Friends invited. THOMAS, JANE GWNDOLYN—BeIoved daughter of Mr. and Mrs, Madison Thomas, sister of Mrs. Justine Cook, departed thi life Monday, Sept. 23, sga 15 vears. Funeral Wednesday. Sept. 25. at residence one mile east of La wren co on Pendleton Pike, 2 p. m. Burial from Oaklandon cemetery. Friends invited. Funeral under the direction of Moc-e 8s Kirk. Funeral Directors w. tTblasengym^ Main office 2220 Snelbv st. Drexel 2570 ______ George Grinsteiner Funeral director 622 E. Market. Rllev 5874 UNDERTAKERS. HISEY & TITUB 931 N Delaware LI 3831. “A REAL HOME FOR SERVICE’ RAGSDALE & PRICE LI 3608 1219 N AleXama. J C VLSON Funeral Darlorr; ambulance lervice and modern automotive eornoment Dr 9321 and Dr 0322 Special Notices NATURE’S AID mineral baths and massage rheumatism, neuritis, nervousness, high blood pressure and reducing. Ail disorders of the blood 303 Castle Hall gliding. 230 E Oh:o. L. 5092. WORK CLOTHES Shoes, g.oves. Cut prices. 118 Virginia (near Md. Bt.). STRICTLY HOME - MADE BREAD ALL KINDS CAKES, PARKER HOUSE ROLLS, BAKED IN MY OWN HOME; REASONABLE. MRS STOKER. 2157 N. CAPITOL. ON AND AFTER Sept. 23; I will not b responsible for any debts contracted by anyone but myself. ROBERT ECOQQAN. I - WILL NOT be responsible for any debts contracted bv anyone other than myself. _GEOROE JL fHOORE. 964 Lexington Ave. AVIATION concern will train several men 8 3 pilots and mechanics. Those accented assisted to empimnt dur. and after training. Greer Airways, 905 Roosevlt bid. EMBROIDERY WORK—For Xmas elllS; reas Sample of work shown. Dr. 3288-J. WONDERFUL BATHS Osteo. massage. Ha. 1571. _____ SCHOOL BOOKS—New, used: cash for used books 813 N Delaware. LI. 1800 810 ■' IME DANCE—Eve-y Tuesday! 7# N. Illinois. Public invited. SHAMPOO or marce.L"soo; _permanent~wT lag, ringlet enda, UM. LL 0330.
