Indianapolis Times, Volume 41, Number 117, Indianapolis, Marion County, 25 September 1929 — Page 16

PAGE 16

STOCK PRICES HIT TOBOGGAN; CRASH GENERAL Losses Reach 74 Points in Adams Express; Other Issues Suffer.

Average Stock Prices

Averse* of twenty industrials for Tuesdav was 352.61. off 8.39. Average of twentv rails was 179 44. off 1.80. Average of fcrtv bonds was 92.18. R” t nitr'l Pri as NEW YORK. Sept. 25.—Stock prces crashed again today, following another savage attack on the general market in the early afternoon by professional traders. Losses ranged from a fraction to as much as 74 points. The greatest loser was Adam Express, down 74, while many other stdcks were down from 15 to 20 points. Included in this latter group were Columbian Carbon. Commercial Solvent,' National Cash Register A, American and Foreign Power, Johns-Manville, Westinghouse Electric, and Detroit Edison. Declines of 1 to 15 points were quickly forced in many sections of the list as pivotal shares like JohnsManville. United States Steel. General Electric. Westinghouse and Bethlehem Steel were forced to new low levels on the current reaction. Selling Gains Momentum Prices held steady through the first three hours of trading, but , large offerings of stocks were thrown j on the market around 1 o'clock, co- j incident with reports that money j was scare in the call loan market. I Selling gained momentum as the | decline proceeded and further large j stop-loss orders were touched off. The decline was given impetus by j cleaning out of weakened margin | accounts, but recessions were fairly j orderly. Prices bega nto melt following the marking up of call money first to 9 j per cent and then to 10 per cent. | Large stop-loss orders soon were i touched off and the decline pro- ! ceeded w ith considerable more vigor. Considerable selling of a neces- : sitous character was forced by im- \ pairment of margin accounts. No Group Spared Practically no group was spared 1 in the wholesale selling in the ! general market, although oils and a few utilities withstood heavy selling with only small recessions. Columbia Gas and Electric was a sole strong spot, holding a small gain in the late afternoon. Both Standard Oil of New York and Standard Oil of New Jersey gave ground reluctantly. Motors were less active, but. continued their decline. Rails generally were lower, with New York Central an outstanding weak spot at a 5 point recession. Missouri-Kansas-Texas was supported. Radio also was afforded support around its' previous closing level, after an early advance. Pressure was somewhat relaxed around the start of the fifth hour and the decline was arrested. However, stocks in general displayed < litte rallying power and fluctuated I nervously around the low levels of j the day. Bullish operations in a few special issues failed to aid sentiment.

Banks and Exchange

INDIANAPOLIS STATEMENT Inflianapoll>> bank clearings Wednesday, Sept. 25, $3,856,000; debits, $9,757,000. CHICAGO STATEMENT Bv I uitril Press CHICAGO. Sept. 25. Bank clearings. *137.700.000: balances. *17.900.000. NEW YORK STATEMENT fin I nil' <t Press NEW YORK. Sept. 25 Bank clearings, $1,980,000,000: clearing house balance. $222,000,000. federal reserve bank credit balance, $19^,000.000. TREASURY STATEMENT fill United Prrss WASHINGTON. Sept 25, Treasury net balance on Sept. 23. $408,017,472.50; customs receipts for the month to the same dat totaled *39,163.196 27. FOREIGN EXCHANGE Bw ! nitrd Pr. ss NEW YORK. Sept. 25 - Foreign exchange elosed higher. Sterling. $4.84 1-16. up .00 3-16 c: francs. 3.91%c. up ,00 1-Bc. lira. 5.23%c, up ,00 5-16 c; belga. 13.90 c up 01c; marks, 23 80' 2 c. off .00',c.

Local Wagon Wheat

City grain elevators are paying sl.lß for No. 2 red wheat and *1 13 lor No. 2 hard wheat. Baby Found Dead Bu Times Sverial EL WOOD. Ind.. Sept. 25.—Funeral services were held today for Ilene Ruth Hook, ten-weeks-old daughter of Mr. and Mrs. Forrest Hook, found dead in bed and believed a victim of suffocation.

Mortgage Loans 6% INTEREST No Commission Aetna Trust & Savings Cos. 23 North Pennsylvania St.

7% A Safe Investment 7% Which Has Behind It Our Record of Over 42 \ Years Without Loss to Any Investor. Commonwealth Loan Cos. 7% Preferred Stock Descriptive Circular Upon Request J. H. Aufderheide 316 Guaranty Bids. Riley 3469 Indianapolis, Ind.

New York Stocks

—Sept. 35 Prev Railroad.— High. L or. 12 00. eloae Atch on . . 2.4 274% 272 275% Atl Coast Line .191% 191% 191% 191 V Balt A Ohio. 136% 135 135 135 V Canadian Par. . 22*V 223 22* 225 Chva A Ohio.. .263% 261 261 262% Chesa Corp .... 82 81H 81V 82V Chi A N Went.. 38'. 96V 98V 98V Chi Grt West.. 17V 18V 16V 16V ■ C R 1 A P 13* 13* 13* 136 ! Del A Hudson... 214% 213\ 213 V 215 V Del A Lacks... 154% 153 V 153 V 15*V Erie 86V, 85 85 85V Erie Ist pfd .... 61V 61V 61V* 81V Ort Nor 115% 115 V 115 V 116 V Gulf Mob A 011 *3 *3 *3 *3 111 Central 10V I*OV 10V I*l Lehigh Valiev 86V 86V 86V 88 Kan City South 98V 98 98 99V I Lou A Nash 150 150 150 I*9V. i Minn S L 2% 2% 2V ... M K A T 54V 53% 53% 53% Mo Pac pfd 137 V 136 V 136 V 138 V N Y Central 235 V 232% 232% 235 N Y C A St L. ,183 V 181 181 182 NY NH A H....122V 121 V 121 V 122 V Nor Pacific 107 105 V 106 V 105 V Norfolk A West 267 V 265 V, 265 V 267 O A W 23V, 22V 23V 23'/a Pennsylvania ...100V 98V 98V 100 P A IV Va I*l V Reading 131 131 131 133 S-abd Air L 17*, 17V 17', 17 Southern Rv ...158 157 V 157 V 157% Southern Pac .146*2 145 V 1*5% 1 *6• a ! St Paul 38Va 37% 38V 38V St Paul pfd 62V 61V, 61V 62V jStL AS W 92% 92 92 92 V St L A 8 r 127 126 126 127 Texas A Pac ... ... 154 V Union Pacific ..276V 272 273 V 277 West Maryland.. 40V 39V 39V 40V Wabash 67 66V 68* a 66 V i West Pac 34% 34 34 34% Rubber,— Ajax 3% 3 V 3'a 3V ! Fisk 7V 7*. 7% 7V i Godortch 71', 70V 70V 70% i Goodyear 105 V 104% 105 105 I Kelly-Spgfld ... 8* a 8% 8% 9 Lee 12 United States 55 51% 51V 54V Equipments— Am Car A Fdy.. 96 96 96 96 Am Loco 116 116 116 117% Am Steel Fd 60 59V 59V 60U Am Airbrake Sh 57', 56V 65% 57V Man Elec Sup,. 27V 27V, 27V 27V General Eiec . .262 256 V 257 V 358 Gen Ry Signal 117 116 116 116 V Gen Am Tank..ll7V 115 V 115 V 117 N Y Air Brake 44V Pressed Stl Car 16V 16 16 16% Pullman 90V 87V 87V 89’. Westingh Air B 68V 81‘, 61V 61V Westingh Elec ..242% 235 235 243 Steel,— Am Roil Mills.. 131% 129 129 123% Bethlehem 121% 1161, 116% 120',a Colorado Fuel.. 66 64 64 64V Crucible 106% 106*', 106* a 108 Gulf States Stl.. 66V 66V 66V 66V Inland Steel 98 Otis 46V 45 45 45% Rep Iron A Stl. .137% 131 V 131 V 134 Ludlum ........ 95% 95 95 96 U S Steel 234% 228 228 231% Alloy 54 V 54 54 54% Warren Fdv. ... 17V, 17 17 n Youngstwn Stl 131 Vanadium Corp.. 90 • 88 V 88 V 89 Motor,— Am Bosch Mag 70% 70 70 71 Briggs 28 26 26 27% Brockway Mot.. 36% 35% 35% 36% Chrysler Corp.. 62% 61% 61% 61% Eaton Axle 59 59 59 57% Graham Paige.. 18% 18% 18% ig> 2 Borg Warner... 71 70% 71 71V Gabriel Snubbrs. 19 18V 18V 19% General Motors. 70% 69V 69V 70 Elec Stor Bat.. 90% 88% 89% 90V Hudson 79 78% 79 78*4 Hayes Body Corp 28% 26 26 27% HUPP 42V 41 1 3 41 V 41V Auourn ~ 455 450 455 455 Mack Trucks ... 98% 97V 97V 95*4 Marmon 66V 65% 65% 66 Gardner 8 V 8% 8% 8% Motor Wheel .... 41% 40% 40% 40% Hash 79% 78 V, 78% 79* 4 Packard 28V 27% 27% 28% Peerless 8 5 g S-a 8* v * 9 1 * Pierce Arrow .. 3 1V 31V 31V 31% Studebaker Cor 89 % 66% 69% 68*4 Stew Warner... 63V 60% 60% 60% Timken B’ar ..114 110 % 110 V, 112 Wiliys-Ove.iand. 18% 17 V 18 V 18 Ycl:low Coach.. 31% 30% 31% 30% White Motor 46% 46*4 46V, 46V Mining—alT S"' I ,* Rfg.115% 114 114 115*', Am Metals 74 V 22 73 * - 7*l, 8 Am Zinc 22 2vt 21U 21V Anaconda Cop ..122% 120% 120% 120% Calumet & Ariz.l2s% 125% 125% 125% Calumet & Hecla 42% 42% 42 vl 42% Cerro de Pasco.. 94V, 93V 93V 94 Dinne Mines 9% 9V 9V. oi Granby Corp .. 87V, 87 8? 87* Greene Can Cop . I<U Gt Nor Ore. .. 30 '29% 30 29% Inspiration Cop 43 V 43% 43 V 43 Howe Sound 02 ft, Int Nickel 56% 54V '.ia ??/ Kennecott Cop.. 86% 84% 84V 86 * Magma Cop 70 69% 69% 69V Nev n Cons° PPer .:: 46V tl fj St*Joe GUI SUI " k-i / “ S9 ’"> 68% 69% n K 65 66 66% Oil Sme t 49 *'• *9V 49V, 49V. Atlantic Rfg .... 61 fin an Barnsdall ?A,.. 34% fit. 3?.. S?> Ereeport-Texas.. 45V 45% 45% JJ * Houston Oil 8% as Jaa 2? * * Gas " 30% I! • ! Cont Oil 32 3i," Si S,r Mid-Con* Petrol 32V 32V 32*. 32-1 Pan-Am Pet 8.. 63V H ' H 2 Phillips Petrol.. 38", SB% 3% ihv Prairie Oi! 56% 54% Union of Ca 1.... 50% 00% 50% 51% Prairie Pipe.... b 0 60% 60% ul Pure Oil 26 V, 26 261* Si Royal Dutch .. H'chfteld *K 40% 40% 40% Shell 27% 27 97 97i Simms Petrol... 32% 32V 72A 2 Sinclair 0H.... 36 35% 3SX. 3? Skelly Oil ..... 40% 40% 40% fna Std Oil Cal. . 74 75% S2v* Std Oil N J..! 75% J* 74% Std Oil N Y.... 44% 4344 Ihl Tidewater i B % i B % igs, RSI cTo.v:." 6 lTranscontl i2% '1174 *jj j, 2 , ‘ 34 3?V A||is Chalmers'." 28 V' 286 * 287% AHled Chem .324 323 323 298 A M Byers 147'* 144 147 143% Armour A 11 u n a Amer Can ...171% 169% 169% 170 Alleghaney Corp 51", 51 51 51% Am Safety Raz gi * Am Ice 49V 48V 48V 4% Wool 16% 16% 16% 16', Assd Dry Goods 53', 52 V, 53 52 Alum a* 113 V 113% 116 V vOCO Cola ~, 147V0 Conti Can 89% 87V, 'BB V 89% Certainteed .... 38 27% 27% 28 Crosleyv 96% 99% 96% 97 Congoleum 24 V 24 24 25 Curtiss W 19V, 19% 1974 19s; Davidson Chem 52% 51% 51% 53 Du Pont 200 198 199 199% Famous Players 74% 72% 73 73 Gen Asphalt ... 84 83 V 83V 84 P°* A . 102% 99', 101 102 £° Id DuSt 65 * 6 3 V 63 V 65% G>' dd ? n 55% 55V, 55V 56% Int Harvester ..121% 120% 120 V 122 V Kelvinator 13% 13 13 V, 13% Lambert 134% 132’% 132*, 134 V Link Belt 40 *6 66 V 65% '66 66' 2 Mav Stores ... 85V 84% 84V 85V Koister 27% 27 27 9714 Montgom Ward 125' a 123', 123', 124 Natl C R 129 V 127 128 129 Radio Keith 27% 27 27 27% Montgom Ward. 125 - 123 V 123% 124 Natl R C 129 V 127 128 129 Radio Keith ... 35% 34V 35% 34% Owens Bottle . 89 86 87 88 H ad . lo Corp .... 89% 86V 87% 86V Real Silk .. 73 Rem Rand 47% 46% '46% 47% Sears-Roebuck .161 160% 160% 160% Lnion Carbide ..130 127 V 128 V 128 V Warner Bros 5714 Hn Air Craft.... 98% 96% '97% 98% Untv Pipe . . 7 USCs Ir Pipe.. 28V, 28 - 28 28V U S Indus A1c0.,212 209 210 211 V Worthington Pu. 123 122 132 128% Woolworth C 0... 98’, 97’- 97V 98V 2 Am Tel A Te1...293V 290 V 291 292% Am Pr A Lt 159 V, 159 159 159 Am For Power.. 184% 181% 183 V 182 V Am Wat Wks ...177V 170% 171 175 Brklyn Manh T. 64V, 64 64 64% Col G A E 137 135% 135% 131 Consol Gas 16g 161% 162% 163 Elec Pow A Lt... 78 76V 78 77% Int T A T 131 Vi 129% 129% 130 Nor Am Cos 169% 168 168% 168 Pac Light 134% 130 130% 127 Pub Serv N J.. 130 128% 128% 128% So Cal Edison.. 87% 86% 87 87’, Std Gas A E1...199 195 V, 195 V 196 United Corp .... 71V 71% 70% 70% Utilities Power.. 55% 54 54% 54% United G A Imp 57% West Union Te1..215 213 215 217 Shipping— Am Inti Corp.... 89 86% 86’, 88V Am Ship A Com 2% 2% 2% 2V Atl Gulf A W 1.. 86% 74V, 74V, 75% Inti Mer M pfd.. 33% 32% 32’, 30’, United Fruit 121 V 121 V 121 V 119

1 By Thomson A McKinnon)

Fo<!*— Am Bug Rfg *0 79V 79% 79V Beechnut Pkg ... 87V California Pkg.. 78% 78% 78% 79 Canada Dry 87% 87V 87’, 87V Corn Products ..114V 113 V 113 V 115 V Cnot Bak (A>... 73% 73’, 73’, 75V Cuba Cane Su p . ... ... 5 Cuban Am Sug.. 12V 12% 12% 12% Grand Union .. 25% 25% 25% 25% Grand Union pfd 44V 44V 44V 44% Jewel Tea 67% 66 66 67% Kraft Cheese .. 66% 66% 66V, 67V Kroger 92% 90% 90% 92V Loose-Wiles 77 75% 76 75% Nati Biscuit 201% 200 201% 200 V Natl Dalrv 77% 75% 76V 77V Ward Baking B 9% 9', 9% 9% Tobacco*— Am Sumtra 45 Am Tob B 173% 173% 173% 174% Con Cigars ... .. 63 V General Cigar.. 67’, 67% 67’, 67V Lig A Myers.... 89% 88 88 89% Lorlllard 22% 22% 22% 22% R J Reynolds.. 56 55V 56 56% Tob Prod 'B I . . 12% 12% 12% 18 United Cigar St. 13V 12% 13V 13% Schulte Ret Strs 17% 17% 17% 17%

Indianapolis Stocks

—Sept. 25 BIS Ask American Central L Ins C0....80U •Belt R R A Yds Cos com 62 66 •Belt RR A Yds Cos pfd 56V 61 Belt R R A yds Cos pid 108 V Bobb s Merrill 34V 36V Central Ind Power Cos pfd.... 91V 94 Circle Theater 108 Cities Serv Cos com 53% Cities Berv 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% ... Horuff Shoe Corp com 15 Ind Hotel Cos Clavpool c0m.... 125 Ind Hotel Cos pfd 100 Ind Serv Corp pfd 80 Indpls Gas Cos com 59 62V Indpls & Norwtn Tr Cos pfd. 7 •Indpls P and L pfd 100'/4 103 V Indpls Pu Wei L com.. 51 Indpls St R R Cos pfd 29 V 30 V Indpls Wa Cos pfd 98 102 Inter Pub Ser pd li pfd 100 104 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 52V E Rauh A Sons Fert Cos pfd... 60 Real Silk Hosiery Cos pfa. 98 Standard Oil of Ind 54V ... T H Indpls & Tr Cos pjd 9 T H Trac & L Cos pfd 85 Union Title Cos com 44 51 V Camp Prod Cos Ist pfd 96 too v Camp Prod Cos ofo 99 Shareholders Invest Cos 27 28V •Ex-dlvldend. —Sales— Union Title Cos com 10 shares at 50 Union Title, 10 shares at 48 —Bonds— Bid Ask Belt R A b v Cos 4s 83 Broad Rtpple Trac C* 5s 60 Cent Ind Gas Cos 5s 97 Central Ind Power Cos 55..,. 92 95 Chi 8 L A N Ind Rv Ist 5s Citizens Gas Cos 5s 99 101 Citizens Street Railroad 5s ... 67V 70 Gary St Rv Ist 5s 79 85 Home T A 1 of Ft Wayne 6s. . 101 Indiana Hotel Cos 5s 98 ... Ind Northern Trac Cos. 5s ... . 3 8 Ind Railway and Light Cos 55.. 96 uliana Scivice 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 52 55 Indpls U Rv 5s J 1965 A B 98 V Indpls Trac A Terminal Cos 5s 93 95 Indpls Watei Cos 5Vs 1953. 100 Indpls Water Cos 5Vs 1954 100 Indpls Water Cos lien A ref 5s 92 Indpls Water Cos 4Vs 91 95V Indpls Water Works Sec Cos.. 82 86 Indpls Water Cos 4Vs 91 Interstate Pub Serv 6Vs 103 Interstate Public service Cos 5s 93 No Ind Pub Service Cos ss. 97 No Ind Telegh Cos 6s 1931 98 99>/s T H A E Trac Cos 5s .„ 55 T H Trac and Light Cos 5s ... 86 91 Union Trac of Ind Cos 6s 14 19

Produce Markets

Putter (wholesalei—No. 1. 49@50c; No. 2. 47® 48c. Butterfat—47c. Cheese (wholesale selling price per pound)—American loaf. 35c; pimento loaf. 37c; Wisconsin firsts. 27c; Longhorn. 26c; New York UmDerger. 30c. Strictly fresh eggs, loss off. delivered in Indianapolis, 36c. Poultry (buying prices) Hens, 23c; springers, 24c; Leghorn springers. 20c: Leghorn hens. 20c; 1929 Leghorn broilers, I‘i to 2 lbs.. 24c; old roosters, large, 1247 15c: small, 10@15c; ducks. 12c; small, 10@ 12c: spring guineas, 30c; turkeys. No. i young toms. 35c: No. 1 old toms. 22@23c: No. 2 old hens. 254730 c. fiu I'nitrd Press CHICAGO. Sept. 25.—Eggs Market, steady; receipts. 8,790 cases; extra firsts. 394/40c; firsts, 38' 2 c; ordinaries. 324135 c; seconds. 2447 30c. Butter—Market, steady to weak: receipts. 5.242 tubs; extras 45' 2 c; extra firsts. 43 , 2 ©44> 2 c: firsts. 40 >2 4/ 42c; seconds. 38 '/a 47 39c: Standards. 44' 2 c, Poultry—Market hens firm, spring easy: receipts, 1 car; fowls, 27c; springers, 24® 24'-2C: Leghorns. 21c; ducks. 19® 21c; geese 20c; turkeys. 2847 30c: roosters. 21c; broilers. 26c. Cheese—Twins. 22 tic; Young Americas. 24‘ 2 c, Potatoes—On track 388; arrivals. 130; shipments, 954; market, strong on northern whites, steady on others; Wisconsin sacked Round Whites northern section. $2.40® 2.50. central 52.20 4/2.30: Minnesota and North Dakota sacked Round Whites and Red River Ohios. 5247 2.25; Idaho sacked Russets. $2.75® 2.90. VnUrri Prss NEW YORK. Sept. 25.—Flour, dull and lower; spring patents, $6,404/6.90, PorkSteady; mess, $30.50. Lard—Easier; middlewest spot. $1.70® 11.80. Tallow—Firm: special to extra, 8 , (B'8 1 / 2 c. Potatoes— Steady: Long Island, $2.25®6.25; Jersey, $11.75®5.00; Maine, sweet potatoes. easy: southern baskets, 75451.50; southern, bbls.. $2.5045 3; Jersey, 75c® $2. Dressed Poultry— Steady to form; turkevs, 30® 60c: chickens, 25® 43c; fowls. 20® 36c; ducks. 184723 c; ducks. Long Island. 20®25c. Live Poultry—Dull and nominal: geese. 134/20C; ducks. 164528 c: fowls. 224733 c; turkeys, 40® 45c; roosters. 20®21c; chickens. 22® 33c: broilers. 324537 c. Cheese— Firm: state whole milk, fancy to special, 27 1 '2®29 , 2c; Young Americas, 24 1 ,4(7j28c, Bu T'nitra Press CLEVELAND. 0.. Sept. 25.—Butter—Extras, 50c: extra firsts, 45c: seconds. 44c. Eggs—Extras. 48c; firsts. 39c: ordinaries 30c. Poultry—Fowls. 29®30c; broilers. 284/ 30c; Leghorn. 20®22c: Leghorn broilers. 25 ®26c: ducks. 224/25c; old cocks. 17® 18c. Potatoes—Ohio. 150-lb. sack. $4.25: Ohio, 150-lb. sack *4.25: Maine green Mt.. 150lbs. sack. $4.35; home grown, bushel, sack. *1.50® 1.60. Building Permits C. W. Johnson, garage, 421 North Grand, $275. t S. Zall garage. 65 South Bradley. $219. K. D. Henderson, garage. 328 Grand. *227. G. Brodk. garage. 1138 North King. *256. A. Hiddinger. garage. 1645 Cornell. $304. H. Dougherty, garage. 215 North Mount. $233. M. M. Carr, repairs 1229 English, S2OO. W. Morrison, reroof. 3601 North Pennsylvania. S2OO. F. E. Scott, excavate. 820 Broadway. S2OO. T. P. Templeton, dwelling and garage. 5945 Central. *7.000. National Bellas Hess Company, repairs, 215 West Washington $3,500. W. C. Earles, addition. 1248 Kappes, *I.OOO. J. M. Allison, garage. 237 North Oxford. S2BO. L. Nessler. reroof. 1027 North Keystone, *250. J. Boxer, furnace. 1044 Dawson *215. R. O. Cook, garage. 726 North Drexel. *2OO/ C. F. Kramer, garage. 3611 North Meridian. *6OO. R. Bryson, dwelling and garage. 415 West Twenty-sixth. *5.200. G Jackson, garage 134 East Fortyfourth. *350. Buick Motor Car Company, addition, Thirteenth and Meridian. *6OO. W. Brclming. remodel. 2846 North Illinois. *7.500. W. Breiming. addition. 2846 North Illinois. *SOO. L. A. Wickersham. dwelling and garage 976 North De Quincy. $5,000. B. Lewis, addition. 267 South Temple. *BOO. NEW YORK COFFEE RANGE —Sept. 24 High. Low. Close. January 13.58 13.58 13 58 March 13.25 13.17 13.17 Mar 12.85 12.85 12.85 July 12.74 12.65 12.65 September 14.15 14.05 14.05 December 13.85 13.75 13.77

Phone I I” f ART METAL OFFICE EQUIPMENT . j TO YOU —An Assurance of Quality. It TO US —An Acceptance of Responsibility. !j AETNA CABINET CO I DBKSNERS S.MF6S.OF BANK. OFFICE RE FIXTLIfc&S |a MAETFiA—■nST^'Wot Maryland St~ ——

THE INDIANAPOLIS TIMES

SHORT COVERING BRINGS HIKE IN WHEAT FUTURES i Corn and Oats Boom on Oversold Pit, Better Cash Situation. BY WILLIAM P. M'KENNA United Press Staff Correspondent CHICAGO, Sept. 25. Short covering and commission house buying brought wheat prices back from the new lows which were established when the Liverpool mar- ’ ket broke on cheaper offerings of | spot grain today and futures on the Board of Trade finished fractionally higher at top for the session. Forecasts for frosts in the Argentine helped to offset earlier cables reporting rains there. Corn and oats boomed late, due to oversol') pit conditions and a better cash situation. At the close wheat was % to % cent higher, com was up IV to 2% cent and oats were V to 1 cent higher. Provisions were firm for hard and weak for meats. The sharp decline at Liverpool resulted in new low levels on the present wheat movement at the board of trade opening. Chicago operators were not so much inclined to press the market early, in view of recent drops and possibility of an oversold situation developing, but outside points sold to keep the tone heavy most of the session. Winnipeg reported some export business in low grade Manitobas. Cash wheat was unchanged to V2C lower. Receipts were 32 cars. Corn fluctuated higher and lower within a narrow range during the morning, with trading light most of the time. The government's weekly report had sections of the corn belt still open to frost damage. Receipts were rather light, Chicago getting 163 cars. Cash prices were steady to tic lower. Oats showed the best tone of all grain, but advances before mid-day were not important. Cash and commissio nhouses again were the market's best supporters. Cash prices wer esteady to V 2 c higher. Receipts were 57 cars. Chicago Grain Table —Sept. 25 WHEAT - Prev. Ooen. High. Low. Close, close. Sept,. 1.26% 1.28 1.26 1.27% 1.27% Dec... 1.33% 1.34% 1.32% 1.34% 1.33% Mar... 1.38% 140% 1.38 1.40 1.39% Mav.. 1.42% 1.44% 1.41% 1.44 1.43% CORN— Sept,. .96'/, .98% .96 .98% .96% Dec... .95% .97 .95 .96% .95 Mar.. .99% 1.01 V* .99% 1.01% .99% Mav.. 1.02 1 03% 1.02 1.03% 1.02% OATS— Sept.. .51 Dec... .52% .53% .52% .53% .52% Mar.. .55% -.56 .55% .56 .55% Mav.. .57% .57% .56% .57% .57% JZYE — Sept,. 1.00% 1.01 1.00% 1.01 1.00% Dec... ... 1.08% 1.07 1.08% 1.07% Mar.. 1.11 V 1.12% 1.11 1.12% 1.12 May.. 1.13 1.14%" 1.12% 1.14% 1.13% LARD— Sept nominpl 11.25 11.25 Oct.. 11.30 11.30 11.17 H. 20 11.10 Dec.. 11.42 11.50 11.42 11.42 11.42 Jan.. 11.92 12.00 11.92 11.95 11.95 RIBS— Sept, no sales 11.50 11.50 Oct. no sales 11.50 11.50 BELLIES Sept, nominal 11.75 11.87 Oct., nominal 11.75 i 1.97 B// Timex Special CHICAGO. Sepi. 25. —Carlots: Wheat. 57; corn. 161: oats 32: rye. 6. and barley. 18.

On Commission Row

FRUITS Apples—Choice. $2472.25: Wealthy. *2.50; Maiden Blush. $2.75473: Jonathans. $2.75; Grimes Golden. $2.75: New York Duchess. $2.25©2.50; Gravestein. $3; Wolf River. $3.50. Grapes California seedless. $2.25* a crate; Malagas. s2 a crate: Tokays. $2. Lemons—California, a crate. sl3. Peaches— Michigan Elbertas. $2 75@3 Limes—Jamacia. 52.25&3. Oranges—California Valencia. *3 ."’5(58 Peaches—New York. $3.50 a bushel. Plums—s 2 75: Idaho. 16-lb. case. sl. VEGETABLES Beans —Green, stringless. $2.50. Beets—Home-grown, doz.. 40c Carrots—Home-grown, doz.. 50c. Cabbage—s3.so a barrel. Cantaloupes Flats. $1.25471.50; Colorado. $2.25; 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-50@2 a dozen; [email protected] a hamper Kale—Spring, a bushel, $1 Lettuce California Iceberg, $5 a crate; home-grown leaf, a bushel. sl. „ Mustard—A bushel. sl. Onions—lndiana yellows. $2.75 a 100-Ib. Parsley—Home-grown, doz. bunches. 45c Peas—Colorado. $6 a crate. Peppers—Home-grown, $1.50 a bushel. Potatoes—Wisconsin and Minnesota white, $4,754*5 a 160-lb. bag: Red River Ohios. 120-Ib., $3.50. Radishes—Eutton. nothouse. dozen. 50c: Southern, long red 154725 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. Births Boys Earnest and Helen Verbarg. 133 West Twentieth. John and Clara McCloskey, 4214 West Michigan. _ ... Fredrick and Clyde Fergot. Christian hospital. _ , Charles and Elizabeth Brydon. 5936 Beechwood. „ „ James and Lertha Cummings. 1026 FayJames and Dtrothv Bracken. 3918 East Thirtieth. ... . ... . Raymond and Neletha Jones. 316 Agnes. Otie and Jessie Holland. 1028 North MisS °Alt.on and Bertha Guyton 1310 Kappes. Charles and Ambret McChristian. 527 Harmon. _ .... , Freeman and Levlc Burrus. 2730 James. Leonard and Katie Jamesson, 1252 West New York. Girls Albert and Vora Brahaum, 429 West Moreland. . . Perry and Anna Jennings, 942 North Concord. .... Joseph and Georgianna Ritter. 1429 Williams. Thomas and Margaret Caldwell. 841 North Oakland. George and Florence Foote, 308 North East. Ora and Jean Hancock, 538 North Goodlet. Ernest and Frieda Altoop, 1805 Commerce. Harrv and Mabel Parish. 2742 Shelby. Drewey and Hilda Britt, 1406 Deloss. Richard and Gertrude Solomon, 870 ! ,2 Massachusetts. Louis and Leola Banks. 210 South Concordia. Levi and Mary Skaggs. 314 North Spring. Henry and Svlvia Kelley. 1104 Bates. Virgil and Dorothy McNeal, 1315 West Thirty-first.

Business —and—- • Finance

Four big railroads, the Missouri Pacific, Burlington, Union Pacific and Potomac-Edison have ordered eighteen straight-eight busses from the Studetfaker Corporation to be added to their lines. The Missouri Pacific has ordered six. bringing its total Studebaker fleet to twentynine; the Burlington has just bought five; the Union Pacific three, ana Potomac-Edison of Haggerstown, Md., four. The Lily-Tulip Cup Corporation, for the eight months ended Aug. 31. 1929, reports net profit of *535,506 after all charges and taxes, equivalent to $2.87 per share on the 183.000 shares of common stock outstanding after allowing for regular preferred dividend requirements. Record sales of fan blowers and ventilating equipment during the first eight months of the current year, combined with a huge volume of unfilled orders for future delivery, carried with it assurances of a continuation of unusual industrial and business prosperiy for the last quarter, according to J. F. G. Miller of Detroit. vice-president of the National Association of Fan Manufacturers, and an outstanding spokesman of the Industry. Contracts for fifteen airplanes, amounting to more than SIOO,OOO, have Just been signed by the Spartan Aircraft Company of Tulsa. Okla. Ten of the ships nave been ordered by B. J. Wickham of Council Bluffs. la. and five by F. C. Adams of the Adams Aircraft Company of Sapulpa. Okla. The New York Cotton Exchange announces that it has acquired the Garside Cotton Service, a well known Informational cotton trade service, and has engaged Alston H. Garslde. director. as economist of the exchange, effective Oct. I. The exchange will continue this service in Its own name under Garside's direction with the exception of reports on the cotton crop which will be transferred to other hands and Garside will have no connections with It. Shipments of Temple Corporation for the first three weeks of September ran 25 per cent ahead of the same period In August, which was the best month in the comDany’s history, Fred Temple, vicepresident. announced today. Unfilled orders on the company's books at the present time are in excess of $2,000,000 with production trailing demands by more than two weeks. September shipments, it was said, will total approximately $1,000,000 or nearly $300,000 more than in August. Temple manufactures radio receiving sets and speakers in Its Chicago Clearing District plant. Shares of the corporation are listed on the Chicago Curb Exchange. A substantial reduction in copper stocks will he shown for the current month as a result of a prolonged strike at one prominent refinery, declares I. J. Louis, of E. .T. Schwabach Company, and vice-president of the National Metal Exchange, in a review received here. Unfilled orders on the books of the Nachman-Springfllled Corporation at the present time are sufficient to keep all plants running for a month at current rate of production, according to Louis A. Suekoft, president, Suekoff stated that there are orders for 50.000 mattress units on the books, the highest total in the history of the business. Selling price on the units would bring the dollar total to in excess of $200,000. R. M. Kirsteln of Chicago iias been elected a director of S. W. Straus A Cos., according to an announcement todav. Kirstein joined S. W. Straus A Cos. In 1916. Charles C. Irwin of New York city was also elected vice-president and director. Goddard A Cos.. Inc. and associates announce the formation of Goddard Securities Corporation with an authorized capitalize* ion of $50,090,000. of which $10,000,000 will be initially offered. The capital structure will consist entirely of no par value common stock of which 1.000.000 shares will be offered at the outset. NEW YORK. Sept. 25.—The Ground Gripper Shoe Company. Inc., has ac quired on a favorable long term lease basis the Carlisle Shoe Company plant located at Carlisle, Pa., Norman K. Winston, chairman of the board, announced today. The textile Industry in the year 1929 to date has achieved an encouraging measure of stabilization. ‘‘Our volume of sales this year has run materially larger than 1928. That part of our business which deals with strictly staple merchandise has encountered a continuation of price merchandising by some of the smaller manufacturers.

In the Stock Market

(By Thomson <fc McKinnon) NEW YORK, Sept. 25.—The disquieting tone of London cables offers the only explanation for the persistent liquidation in our own markets during the past few weeks. The correspondent of one of our leading newspapers cables that conservative London financial circles say that, there may soon be a credit crisis of unknown dimensions and unpredictable consequences unless the English bank rate is advanced at once, basing their conclusions on the unprecedented withdrawal of gold from the bank of England. The advance in time money Tuesday to the highest level it has yet attained is also attributed to the English problems, because of which foreign credits are being steadily withdrawn from the United States. Practically all of the domestic news was of a favorable character. The prospect of lower taxes and the predictions of governmental agencies that commercial activity will be well maintained through out the fall and winter are likely to neutralize to some extent the apprehension caused by foreign conditions. We should get a fairly good recovery for purely technical reasons some time during the day. Should it come we would be inclined to use it to lighten accounts. Marriage Licences Homer J. Elkins. 42. of Mounds, 111.. physician, and Ruth D. Steiner. 33, of 648 East Twenty-first, student. William H. Clark. 30. of Los Angeles, aaccountant. and Harriet S. King. 33, of 2111 Broadway. Claude H. Derreet. 21. of 1734 Olive, mechanic. and Ellen Williams. 21. of 1345 Olive, stenographer. Gerald J. Drulev. 21. of 365 Burgess, salesman, and Elma L. Parrish. 18 of 1816 Woodlawn. attendant. Theodore Hammer. 26. of Chenoa. 111.. farmer, and Laura A. Niehoff. 26. of 1314 Broadburv. Deaths Benedict Lee. 62. 2523 West Washington. apoplexy. Allen Manning. 43. 326 Blackford, lobar pneumonia. William Allen, 5 days. 814 Torbett, premature birth. Jane Gwendolyn Thomas. 15, city hospital. accidental. Minnie F. Broughton. 65. Christian hospital. broncho pneumonia. Infant Cummingham 3 days. St. Vincent's hospital, congenital abnormality. John F. O'Brien, 46. city hospital, uremia. Sarah Louise Blanchard, 82. 380 North Holmes, hepatitis. Curtis Woolridge. 89. 1066 Holburn. chronic myocarditis. Charles Smith, 64, 889 West Pratt, cirrhosis of liver.

Golden Ride Safety Club I want to join The Times Golden Rule Safety Club and be in the club movie, which will include hundreds of Indianapolis school children in its cast. NAME ADDRESS PARENTS SIGNATURE I' promise to obey the rules of the club and to cross streets carefully at all times. Pill out and mail to The Indianapolis Times Safety Editor.

PORKERS DROP 25 TO 55 CENTS AT STOCKYARDS ' Cattle Scarce and Steady; Vealers Strong, at $lB Down. Sept. Bulk. Top. Receipts 18. $10.73911.00 sll 00 5.000 19. 10.754* 11.00 11.00 6.000 20. 10.904* 11.15 11.15 6.000 21. 10.90Ft11.25 11.25 4.500 23. 10.904* 11.25 11.35 6.000 24 10.90<5 11.25 11.35 6.000 25. 10.30# 11.00 11 00 7,500 Hogs were mostly 25 to 55 cents lower today at the Union Stock- ! yards. The bulk. 140 to 280. sold at | $10.30 to sll. Receipts estimated at 7.500; holdovers 853. Cattle were steady selling at Tuesday's prices. Better grade of steers brought $12.75 to 16. Vealers held steady selling at $lB down. Sheep and lambs steady with little change. Better grade of lambs sold at sl2 to $13.50. Fat ewes were $4 to $6. Chicago hog receipts were 21.000, including 2,000 directs; holdovers, 9.000. Few early sales mostly weak to 10 cents lower than Tuesday: $10.85 to sll bid on choice 180 to 210 pounds: $10.15 bid on 220-pound averages. Cattle receipfs, }5,000; I sheep, 30,000. Indianapolis livestock prices tojday: Hogs. 250-350 pounds, $9.75 to $10.50; 200-250 pounds. $10.50 to $10.90; 160-200 pounds. $11; 130-160 pounds, $10.50 to $11; 90-130 pounds, $9.25 to $10.25; packing sows, $8 to $9.25. Cattle, receipts 1,600; calves, receipts 600; market mostly steady; steers, $12.75 to sl6: beef cows, s7.bo to $10: low cutter and cutter cows. $5 to $6.75; veals. sl7 to $18; heavy calves, $7 to $12.50; bulk stock and j feeder steers, $8 to sll. Sheep, receipts 1,200; market little change; lambs. sl4: quotable: bulk fat lambs, sl2 to $13.50; bulk cull lambs. $8.50 to $10.50; bulk fat ewes, $4 to $6. —Hog,— ■Receipts, 7.500; market, lower. 250-350 lbs $ 9.75910.50 200-250 lbs [email protected] 160-200 lbs 11.00 130-160 lbs 10.50® 11.00 90-130 lbs. 9.257® 10.25 Packing sows B.oo@> 9.25 * -CattleReceipts, 1.600: market, higher. Beef steers .$12,754? 16.00 Beef cows 7.50@> 10.00 Low cutter and cutter cows . 5.004?: 6.75 Bulk stock and feeder steers.. [email protected] —Calves— Receipts. 600: market, steady. Best veals $17.004i18.00 Heavy calves 7.00@ 12.50 —Sheep— Receipts. 1,200; market, steady. Top fat lambs ....$14.00 Bulk fat lambs 12.004? 13.50 Bulk cull lambs 8.504?: 10.50 Bulk fat ewes 4.00@ 6.00 Other Livestock Rv tiniter! Press CHICAGO. Sept. 25.—Hogs—Receipts, 21,000; Including 2.000 directs: market opening weak to lOc lower, later trade 10c to 25c lower with hogs scaling under 240 lbs., showing the most loss; practical top, sll paid for numerous loads of 180-210 lbs. weights. Butchers, medium to choice, 250-350 lbs., $9.25® 10.45: 200-250 lbs.. $lO @11: 160-200 lbs., $lO@U; 130-160 lbs.. $9.40F( 10.85; packing sows, SB4? 9; pigs, medium to choice. 909 130 lbs.. $9®’10.50. Cattle—Receipts. 15,000; calves, 3,000; choice fed steers scarce and steady: others slow and weak to 25e lower; she stock 25c or more lower on liberal supply: light yearlings, scarce, but Stockers and feeders easing off: top steers. $16.75. Slaughter classes, steers, good and choice. 1.300I. lbs.. $13,254? 16.75; 1,100-1.300 lbs., $13.25® 16.75; 960-1.100 lbs., $13.254?16.75; common and medium, 850 lbs. up. s9@> 13.25: led yearlings, good and choice, 750950 lbs.. $13.25® 16.25; heifers, good and choice. 850 lbs down. $13915.25; common and medium. [email protected]; cows, good and choice, $8,754? 11.50; common ana medium. $6.75®8.75; low cutter and cutter, $5.50@ 6.75; bulls, good and choice, beef, $8,904? 10.25; cutter to medium. [email protected]; vealers, milk fed, good and choice, $15917.50; medium. $12.50915: cull and common. sß@> 12.50; Stocker and feeder steers, good and choice, all weights. $10,754? 12.25; common and medium. $8,254? 10.50. Sheep—Receipts, 30.000: slow, weak to 25c lower; native lambs, sl3® 13.25: early top $12.50; fat ewes, s4® 5: feeding lambs. $12.50 down. Lambs, good and choice 92 lbs. down. $12.75913.75; medium, sll 12.75: cull and common, $7.50® 11: ewes, medium to choice. 150 lbs. down. $4Fi5.50; cull and common, $2.5094.50; feeder lambs, good and choice, $11,759*13. Bv United Press FT. WAYNE, Ind.. Sept. 25.—CattleReceipts. 50; calves, 75; hogs, 500; sheep. 200; hog market. 304150 c off; 90-110 lbs., $8.70; 110-140 lbs.. $9.20; 140-160 lbs., $10.05; 160-180 lbs.. $10.55; 180-200 lbs., $10.75; 200-220 lbs., $10.80; 220-240 lbs., $10.65; 240-260 lbs.. $10.30; 260-280 lbs., $10.10; 280-300 lbs., $9.95; 300-350 lbs., $9.60; roughs. $8.25; stags, $6.50; calves, sl7; lambs, $12.25. Bv United Press LOUISVILLE, Ky.. Sept. 25.—Hogs—Receipts. 1,500; market. 10c lower; mediums and lights. 130-250 lbs.. $9.80 9 10.80; extreme heavies. 250 lbs. up, $10.20; pigs. 130 lbs. down. $6.704?7.95; stags and throwouts, $7.20® 7.80. Cattle—Receipts, 300: market, steady; prime heavy steers. $11.50®13; heavy shipping steers. $9,504? 11. medium and plain steers. $8,509) 9.50; fat heifers. $7.509 11.50; good to choice cow’s. $7.50® 9; medium to good cows. $64?7; cutters. $5,504/6; canners. *4.50®5; bulls. s6® 8.50; feeders, $8,504? 10.75; stockers, $7.50® 10.50; calf receipts. 200: market, steady; fancy calves. $15.50; food to choice. $134/15; medium to good. 10.504/13: outs. $10.50 down. Sheep—Receipts. 300: market, steady: ewes and wethers. sl2; buck lambs. $11; seconds. s6®7; sheen. s4® 5. Tuesday's shipments—Cattle, 395; calves, 124; hogs, 143; sheep, 241. Itv United Press CLEVELAND, 0.. Sept. 25.—Hogs—Receipts. 1.500: market, uneven: steady 35c lower: 250-350 lbs.. slo® 11: 200-250 lbs. *ll4/11.40: 160-200 lbs.. *11911.50: 130160 lbs.. $11911,50: 90-130 lbs.. *10.75911; packing sows. *8.50®9. Cattle—Receipts. 700; calves, receipts. 300: market cattle classes, steady; vealers. fully steady: beef steers. $8.35910.65: beef cows. $7.50 9 8.50; low cutter and cutter cows. $5.5008.25; vealers $15.50920. Sheep—Receipts. 2.100: market. lambs, weak; sheep, steady: top fat lambs. *l4: bulk fat lambs, $13,504? 13.85; bulk fat ewes. $596. Manufacturer Dies Bv United Press SOUTH BEND. Ind.. Sept. 25. Frank A. Stephenson, 68, president of the Stephenson Underwear mills here, last of four brothers who founded the industry with a national patronage, died here today of acute indigestion. An ancient Greek rule of diet was this: Thin people should take little food and it should be fat; fat people should take much food and it should be lean.

The City in Brief

The Christian Endeavor Society. Zion Evangelical church. North and New Jersey streets, will present a three-act play. “The Hidden Guest," at the church tonight. Dr. William A. Shullenberger, pastor of Central Christian church, will address the Bible Investigation Club at the Y. M. C. A. tonight. Ladies' night will be observed. Francis Wells, assistant manager of the local bureau of foreign and domestic commerce. United States department of commerce, left Monday night for Chicago, whore he will confer with department officials. He will return Friday. L. O. Chasey, secretary to Governor Harr*,' G. Leslie, will speak at th? Optimists Club luncheon at the I Claypool Friday noon on “Problems of the Executive Office.’’ The American Concrete Institute ! will be invited to hold its 1931 ses- ! sion in Indianapolis, local members | decided at a meeting with Henry T. i Davis, Indianapolis convention bui reau manager. The invitation will will be extended at the next session. Feb. 11-13, at New Orleans. William N. Berryman, Frankfort life insurance salesman, has filed a voluntary bankruptcy petition in federal court, listing $20,663 liabilities and $490 Ussets. George Nelson, 30, Tuesday was sentenced to Indiana state prison for two to fourteen years by Criminal Judge James A. Collins on a forgery charge. He is alleged to have forged a S3O check ih April. Ferdinand Eberhardt, tentmaker, 1180 West Twenty-eighth street, has filed voluntary bankruptcy petition in federal court, listing $3,663 liabilities and S4BB assets. Robert Frank, 19, and his young bride, formerly Miss Dorothy Mayer, 18, both of St. Louis, were sought today in Indianapolis, where relatives believe they may have fled after they eloped a month ago. The bride's mother, Mrs. Harry A. Mayer, is ill in a Los Angeles hospital. Twelve of thirty-two persons sentenced recently in federal court here were admitted to Leavenworth penitentiary today. They were taken there Tuesday by Oscar H. Johnson, deputy marshal. t,*>ss of a S3OO diamond pin in a downtown department store Tuesday was reported to police today by Mrs. Harry Lesinger, Severin hotel. William Woodruff of Columbus, 0., prohibition administrator of Indiana and Ohio, visited the Indianapolis enforcement offices Tuesday. He conferred with James G. Browning, acting deputy administrator, and visited Federal Judge Robert C. Baltzell. Wood Unger, city school civics director for two years, has accepted appointment as associate professor of social science at Pennsylvania State college. Unger’s resignation was accepted Tuesday night by the school board. William Foley. 433 North Alabama street, alleged to have married a Covington (Ky.), woman when he already was married and the father of three children, was held today for Covington police, whom local authorities say will question him on bigamy charges. Elmer H. Jose, president of Capitol Airways, addressed the Men's Club of the Fletcher Savings &nd Trust Company at the company's main office Tuesday night on aviation affairs. The annual “mixer” for freshmen, sponsored by the Butler Mens Union, will be held tonight at the Campus Club. Meredith Nicholson and Professor Ralph Keahey will speak. Having joined the new mid-west-ern Jewish Community Centers’ debating league this week, the Indianapolis Jewish Community center will open its debating season with the St. Louis Community center Nov. 30, on “Resolved, That a British Mandate Is Sufficient Assurance of a Jewish State in Palestine.” Harry Hackney, Atlantic City, president of the National Restaurant Association, will present a charter to the Indianapolis association at a dinner-meeting at Highland Country Club. Friday night. William R. Bess is president of the local group. The Rev. William Brock, South Side Tabernacle, Howard M. Meyer, and Fred W. Waldkoetter addressed the southern district of the Marion County Good Government Club Tuesday night at Odd Fellow hall, Beech Grove. Fire of unknown origin Tuesday night damaged the Eagle Furniture Company’s building, 116 South Davidson street, to the extent of $250. A delegation of St. Louis engineers and alderman, headed by Robert B. Brooks, director of streets and sew’ers, making a tour of sixteen cities, today inspected the Indianapolis sewage disposal and garbage reduction plant. They were taken to the plant by City Engineer A. H. Brooks.

Leonard Brooks, Anderson, was held to the federal grand jury under $5,000 bond on a liquor charge by John W. Kern, United States commissioner, today. Realtors Thomas F. Carson, FX L. Palmer and Robert Allison will speak to Indianapolis Real Estate Board members at the Thursday meeting at the Chamber of Commerce. Need of church affiliation and religious education will be stressed by Ira S. Bassett, evangelist, at Cadle tabernacle tonight, speaking on ‘‘Thou Are Near the Kingdom.” The Factory Republican Club will meet Thursday night at the home of Frank Wegener, 1126 Tecumseh street, to discuss candidates for school commissioners. Alfred LefTman of Lafayette, department store advertising manager, will speak to Advertising club members Thursday noon at the Columbia Club.

SEPT. 25, 1929

HOOVER STAND ON TARIFF BY LA FOLLETTE’ President’s Argument on Flexible Provision Is Called Absurd. Bv Uniteil Press WASHINGTON. Sept. 25.—President Hoover's statement on the flexible tariff was attacked in the senate today by Senator La Follette, progressive Republican from Wisconsin. , La Follette said It was “difficult to account” for the President's statement, in view of his silence on the remainder of the bill. The Wisconsin senator declare r* the President’s argument that the : flexible provision is needed for quick ; action when conditions in an industry change, was "absurd.” He ?aid the tariff commission has broken down under the burden of the flexible provisions. “It is not difficult to understand why the executive wants to retain his vast power to adjust rates 50 per cent in either direction.” La Follette said. “The President holds the power of life and death over Industries and agriculture through the flexible provisions.” La Follette said this government was started on the theory of three different branches, but throughout its history the executive branch has “usurped the powers of the other branches.” “The framers of the Constitution would not recognize the present condition." he said. j In the Air Weather conditions at 9:30 a. m. Northeast wind, four miles an hour; temperature, 66; barometric pressure, 30.04 at sea level; ceiling, 200 feet; visibility, one half mile, misty fog; field, good. Russ Plane Fights Storm Bv United Press DUTCH HARBOR. Alaska, Sept. % 25.—After winning a terrific battle with a severe gale, the Russian monoplane, Land of Soviet, today wac anchored safely to a. buoy in Dutch Harbor awaiting better weather conditions before proceeding. The plane, with four Russian fliers, is attempting a flight from Moscow to New York. The last hop probably was the most dangerous so far. Makes Solo Flight Edward Klasing of Acton, Curtiss Flying Service student, made his firs’, solo flight Tuesday. He was instructed by Earl W. Sweeney. Arrivals and Departures Curtiss-Mars Hill Airport—Gentry Shelton, Challenger Robin, St. Louis to New York; Stanley J. Hoffman, Embry-Riddle operations manager, on mail plane, for inspection. Hoosier Airport—Wiiliam Emery, j Travel Air racing plane, Bradford, jj Pa., to Kansas City, Mo.; H. G, 1 Rough, department of commerce in- J spector. Travel Air, to Detroit. Capitol Airport—Arthur Gibson, | Swallow biplane, from Ossian, Ind. FUNERAL THURSDAY Fred Butler Wiles Dies at Hospital Here. Funeral services for Fred Butler Wiles, 59, cashier and head of the shipping department of the Rockwood Manufacturing company, who died Tuesday at, Sj. Francis hos* pital, will be held at 2 p. m. Thursday at the Flanner <te Buchanan mortuary. Burial will be in Crown Hill cemetery. Mr. Wiles, who lived at 234 North Delaware street, had been a resident of Indianapolis his entire life. He was a member of Oriental lodge, F. & A. M., and the Scottish Rite. Survivors are a nephew, Charles Robbins, Little Rock, Ark., and- a niece, Mrs. M. R. Wrench, of Warrington, Pa.

SECOND AID IN PROBE John S. Pratt Also Will Take Tart in Lake “fcounty Case. Bu United Print SOUTH BEND, Ind., Sept. 25. John S. Pratt, assistant United States attorney-general, lias been named as second aid to District Attorney Oliver Loomis here in conducting the federal grand jury in going into the vice and election ' situation in Lake county, Loomis announced today. Oliver Pagan, an indictment expert. was named several days ago to assist in the investigation. Both men are expected here Thursday.

CONFER WITH BRITONS Zionists Make Plea for Enlarged Economic Development. fit/ United Preen LONDON. Sept. 25.—1 t was stated I today that the world Zionist organization and the Jewish agency have begun negotiations with Premier Ramsay MacDonald and Lord Passmore, colonial secretary, looking to- . ward an enlarged economic men of Palestine. Dr. Chaim Weizmann. president of® ‘the Jewish agency, conferred witli® MacDonald Monday and outlined the 1 main demands of the Zionist organization with respect to Paletsine. Bride Kills Self at Gary Bu t nitrd Prenn GARY, Ind., Sept. 25.—Homesickness .of a lonely bride was believed responsible for the suicide today of Mrs. Virginia Smartel, 20. A note left by the girl said she feared losing her husband, but he ascribed her act to homesickness. M Both were formerly of Mattoon, 111. m Common drinking cups and com- 3 mon towels are forbidden in any factory, workshop, manufacturing J or mercantile establishment In j Massachusetts . .. I