Indianapolis Times, Volume 41, Number 124, Indianapolis, Marion County, 3 October 1929 — Page 19
OCT. 3, 1929.
STOCKS DEALT NEW BLOWS IK ?. C .LLM WATE Few Weather the Attack; Bears Hammer Prices Far Down.
Average Stock Prices
Averse of twenty industrfcls for Wednesday was 350.19. up 1.93. Average ©f twenty rails was 174.80. up 1.01. Average of forty bonds was 92.23 up 1.18. B v United Press NEW YORK. Oct. 3.—Only a few itocks weathered anew storm of selling on the Stock Exchange today. after the list had shown fair resistance to the increase of more 1 than $600,000,000 in brokerage loans ’'as reported Wednesday. The opening was firm, compared With expectations of the majority of observers. But this slight strength soon disappeared and bears hammered prices down 1 to 7 poitns. In the early afternoon the list was showing little signs of rallying power, but dealings fell off as traders awaited the federal reserve loan report due after the close. 7 By all Visible signs the loan to- ! 1 should show a decrease. A few ys ago guesses on this decrease n to $400,000,000. But these ;esses have been revised material- £ Even though the market has 2 en declihing, it is said that there 1 s been only a moderate amount of i blic liquidation. In addition sev- !? a.l large pieces of new financing ly swell the loan total. United States Steel opened un- , langed. sold off, rallied and sold , again. Its slump in the mid* sion trading had a depressing inence on other industrials. Monti nery Ward dropped more than ir points: General Motors de- | tied to anew low for the present ires; American & Foreigp Power ! t 2 points; General Electric •pped 3, and International Comstion made anew low below 40, ry • latter being unsupported during i ! dealings. mailer losses were made by Radio I -poration. International Teleme & Telegraph, Public Servic® New Jersey and Briggs Manuturing. >n the gaining side two outstandfeatures held sway. They were | itman Kodak and Columbia Car- ' ~ both of which made new highs, bon rising more than fourteen nts. Buying of Eastman was ribed to pool operations basing Ir buying argument on expectai of a large increase in earnings s year, due to vast expansion of l ' company in the film manuniring and color field.
Banks and Exchange
INDIANAPOLIS STATEMENT dlanapolls bank clearings Thursday, 3, $4,757,000; debits. $8,075,000. CHICAGO STATEMENT Jnited Press . , , .... TCAGO, Oct. 3.—Bank clearings, $124,•00: balances. $9,700,000. NEW YORK STATEMENT ’nitcil Press . , rw YORK, Oct. 3.—Bank clearings, 6,000 000; clearing house balance. 000.000, lederal reserve bank credit ace, $196,000,000. TREASURY STATEMENT 'nited Press kSHINGTON. Oct. 3.—Treasury net ice on Oct. 1. $407,710,201.11: customs pts on that date totaled $1,441,310.82. NEW YORK COFFEE RANGE —Oct. 2 High. Low. Close. iry 13.30 13.25 13.25 h 12.88 12.80 12.80 mber 12.10 12.00 12.00 aber 13.42 13.32 13.33 Receivership Asked ILUMBIA CITY. Ind., Oct. 3. e Bank Examiner Charles F. ner today filed receivership pain Whitley circuit court here the Provident Trust Company, tred insolvent when Lloyd S. .eh, assistant secretary, cond to embezzling more than $60,>f its funds.
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New York Stocks ■' (By Thomson A McKinnon 1 '
—Oct. 3 —■ Railroad* Prev. High. Low. 13:00. Cloae. Atchiaon SrfJMi 270 370 273 V Atl COMt Line ..188 188 188 ... Balt & Ohio ....133% 132 H 133 H 133% Canadian Pae ..318% 318 311% 319% Chesa 8s Ohio W* Chesa Corn .... 77% 78% 71% 77% Chi * N west... 95 94 94 98% Cbl Ort Wet ... 15% 18% 18% 15% CHI4P 131 130% 130% 131 Del St Hud50n...198% 198 198 190% Del 8s Lacka 184 151% 153 155 Erie 80% 78% 78% 81. Erie let pld 63% 62% ,62% •*% Ort Nor . 113 112% 113% 112% Gulf Mob 8s Oil.. 42 42 43 43 111 Central * ••• I*] kan*ciu al is>uth 's4% '93% 84% 95% Lou 8s Naeh 142 142 142 143% “'s'& T 53% '52 S3 53% N ""SS 3?S& && S T &%V::.jui iij m ffi SSMir2 c *i:iß 81 85 58* ;o& W 21% 318% 318% 218 Pennsylvania ...100% 100 100 100 k PAW Va ••• ••• 137 Reading .......136% 125 135% 126% Seab’d Air L ... 17% 17% 17%. 17% KK iij* iij* I g* It plul 1 fid SB* *l* 57% 56% 8t L& 8 W ... 85% 85% 85% 85% 8t LBs S F 132 V. 123 1323 123% UrUon .388% $% $% 287% West Maryland. 38% 37% 37% 38 Weetfpac”. 33% 33 33 33% Ai ?“ bber T 3% 3% 3% 3% F*ilr 6 J / 6^4 Goodrich .::::: *B% 67% 67% •* Goodyear 99 % 99% 99% 99 % Kelly-Spgfld 8% 8 8 8 T-m .. 10 10 10% United "States.. 51% 51 51 53% Equipments— Am Car 8s Fdy. 98% 96 98 96% Am Locomotive. .114% 114% 114% Am Bteel Fd ... 57% 57 57 57 Am Air Bruke 8 .. ... ••• Man Elec Sup.. 25 24% 25 24 General Flee ...363 *57% ??? Gen Ry Signal. .111 JJi JJJ., Gen Am r ifnk..l2o% 118% 119% 118% N Y Air Brake.. <2% 43% 42% ... Pressed Btl Car. 15% 15 15 15% Pullman 97% 94% 94Y. 95% Westlngh Air B 60 59 59 58% Westlngh Elec . 233 329 329% 223 Am‘^koT”Mills ..136% 134% 135 135 Bethlehem 116% 115% 115% 11® Colorado Fuel. 64 62% 52/4 iSs Crucible 103 *22,, *s2,. *!•*- Gulf States Btl.. 66% 66% .66% % Inland Steel .... 98 96% *97 98 Otis 45% 44% 44% 45% ReD Iron 8S Stl 128 124% 135 12b Ludlum 97% 96% J>7% 91% U 8 Steel 229% 235 225 22. Alloy 54% 53% 64% 54% Warren Fdy... ,11,? Younastwn Stl.. .. Vanadium Coro 81% 79 79 82% Am , °Bosch Mag 67% 66% Rriuus 26% 25% 25% 25% BrockwaV Mot.. 33'| 33% 33% 33% Chrysler Corn... 56% 55% 56 56 / Eaton Axle ... 54% 53% 53% 56% Graham Paige.. 18 17% 17/4 1* Bortr Warner ... 67 66 66 66 Gaabrl-1 Bnubbrs 18 18 18 18 General Motors. 66% 65 65/s 66 /a Elec Stor Bat.. 91 89% 91 90 Hudson 74% 74 74 74 Hayes Bod Corn 24*4 23 34% 33 Hunn 42 41% 41% 43 K,™. Si if* 8* 'it SS&at:::::::: 88 $ QSST ;U a# “f:> Studebaker Cor.. 63% 62 62% 2^ Rtew Warner... 60% 60 60 .yS’* Timken Bear ...119 l}g% 1 }*,? %5 V WlUys-Overland . 18’/* 18% 18 /• 18 /s Yellow Coach ... 27 26% 36% 27 White Motors .. 45% 44% 44/a 44 A Am Smefnb Bfr.U2% 111% Am Metals 70% 69% 69% 70% Am Zinc 17% 17% J 7% 18A Anaconda Cop ..116% 115% J 15% *l* * Calumet 8s Ariz.l23 121% 133% 133/. Calumet & Hecla 41% 41V* 11 /e Jiia Cerro de Pasco.. 93% 93 92 91% Dome Mines 9 9 9 | Granby Corp ... 85 _ 85 85 8/e Gt Nor Ore .... .. -i -i JV % Inspiration Cop. 42 42 43 41 Howe Bound 60 60 60 59 Int Nickel ... ■ • 56% 54% 55 55% Kennecott Cop . 82% 81% 81A Magma Cop .... 67% 66% . ' Miami Copper .. 41% 41 A 41,4 41 New Cons ....... 44% 43% 44 M/s Texas Gul Sul.. 88% 67% 68 s 68^* 8t Joe JS% Athlntlc Rif ... 58% 52% 67% 58% Barnsdall (A) .. 35% 34 34 34a Freeport-Texas . 44V. 44% 44% Jt / Houston Oil .... 95 92% 92,3 94A Indp 011 8s Gas.. 31 30% 30% ... Conti Oil 32% 32% 33% 32 * Mid-Cont Petrol 33 32% 33 32% Pan-Am*Petß3% '% V 4 63% Phillips Petrol .. 39 37 a 37% 38% Union of Cal 55% 54% 54 A 55 A Prairie Pipe ... • ••• -ll SY7? Roy e al°Dutch':::: ts% 58% 58% 68^ Bheii fle “: |}ncTa S i r P On ..:: 35 34% 34% 35 % Skelly OH ........ J 25? IS 811 ,1% 75% 7 7 *% S* ltd Oil N Y.... 44Va 434 44*/i 44^ Tidewater x - *ii % , 15^* Texas Corp .... v 7 66 6 VA 66 Texas C & 0.... JSJj Transcontl .... 13 13/4 13/2 13^ White Eagle .... 34% 34% 34% 34,% Indu.lrlals— Allis Chalmers .. 66 64% 68 67 Allied Chemical 314% 314% 314% 315 A M Byers 188% 160% 163 165% Armour A 10% 10% lUJ'f Amer Can 171% 168 % 168 A 1 ?2 S , Alleghany Cp... 48 46% 46% 47% Am Safety Raz.. 63% 63 63 63/a Am Ice 47 46 46 47 Ajn Wool 16% Assd Dry Gu. .9% 48% 48% 49% Bon Alum ...... 11l 108% 109% 11% “Sea Cola .... 147% 147% 147% 148% Conti Can .... 86% 85% 85% 85% Oertalnteec: 38% 26% 26% 36% Croslev 91 88% 88% 91% Congoleum .... 34 23 Vi 33% 34% Curtiss W .... 18% 18% 18% 18% Davidson Chm . 50 48% 48% 50% Dupont 189% 185% 185% 189 Famous Play... 73% 73% 72% 73% Gen Asphalt .. 87% 86 87 85 FOX A 99 97% 97% 97% Gold Dust .... 66% 64% 64y, 66% Glldden 54 53% 54 54% Int Harvester.. 117 115% 114% 117 Kelvinator .... 13 IS 13 13 Lambert 129 128 138 130 Loews 129 128 128 64% May Stores .. 86% 84% 88% 84 % Roister 35Vs 24% 34% 35% Montgom Ward 114% 110% 111% 114% Natl C R 125% 133% 123% 126% Radio Keith .. 38% 37% 37% 37% Owens Bottle 84% Radio Corp 88% 84% 85% 87% Real Silk 74% 74% 74% 74 Rem Rand 51V* 51 51 51% Sears Roebuck.. 158 154% 154% 157 y Union Carbide ..123% 121 121 121% Un Air Craft 108% 105 U 105% ... Univ Pipe 6 5% 5% 6 ÜBCs Ir Pipe.. 16% 26% 26% 26% U 8 Indus Alco 211% 211% 211% 213% Worthington Pu 114% 114% 114% 115% Woolworth Cos .. 97 95V 95% 96% Utilities— Am Tel St Tel. .394% 290% 394 % 393%
On Commission Row
PHDJTS Apples—Choice. *3ff3.35: Wealthy, |3. Maiden Blush. a.7S®3: Jonathans, ss.' Grimes Oolden. *1.75: Nekr York Duehee. *3.2503.50; Oravesteln. 53; Well River. 53.60. Cranberries—3.7s a 35 lb. box: 57.35 a 50 lb. box. Grapes California seedless, 53.35 a crate: Malagas 32 a crate; Tokays, 33.35. Lemons—California, aerate. 111. Limes—Lamacia. 33.3503. Oranges—Calirorma Valencia, 53.7105 Peaches—New York 53.50 a bu. Plums—s3.7s: Idaho, 10-)b. ease. 31. VEGETABLES Beans—Green, stringless. 53.50. Beet*—Home-grown, do*., 40c Carrots—Home-grown, do*..' He' Cabbage—*3 50 a barrel. Cantaloupes Plats. 11.3501.50; Colors do *2.35: Tiptop*, barrel. 54.50: Jumbo 31.50. Cauliflower—Washington, crate. 35.35. Corn—Home-grown, 35030 c a doaan. Cucumbers—Hothouse, a dosen. *1.35 Eggplant—3l 5003 a dozen; 5203.35 a hamper Kale—Spring, a bnsheJ. 51. Lettuce—California Iceberg. 56.5007 a crate; home-grown leaf, a bushel. 31. Mustard—A bushel. 31 Onions—lndiana yellow*. 53.75 a 100-lb. -Home-grown, do* bunches. 45c Fees—Colorado, 3* a crate. Peppers—Home-grown. 31.50 a bushel. Potatoes— Wisconsin and Minnesota white. 54.7505 a 150-lb. bar. Rod Rim Ohios. 130-lb.. *3.50. Radishes—EuUon. hothouse, dosen. *oe Southern, long red 15035 e doe. _ Sweet Potatoes—Virginia Jerseys. 14 a barrel: *3 a bushel. Tomatoes Home-grown. a bushel 51.35: 15-lb. basket. 50c. Watermelon*— Indiana. 40055 c each
WE UNITED LABOR Newton BUY STOCK Todd
Am Pr St Lt. ...147 147 147 148% Oer. Pub Service 75% 73 74% 71% Am For Power ..164% 163% 163% 183% Am Wat Wks... 183 % 178 183 Vy 180% Brklyn Manh T.. 61% 81% 81% 63 Col O St E 134% 130 130 129% Consol Gas 153% 151% 151% 153% Elec Pow St Lt.. 73% 70% 70% 73% Int T St T 123% 120% 132% 122% Nor Am Cos 161 160% 161 161% Pae Light 136% 133 Va 113% 136 Pub Berv N J.... 122% 131% 121% 131% So Cal Edison.. 87 86% 86% 88 Std Gas St E1....330 336 229 237 United Corp 67 66 % 66% 87 Utilities Power .. 31% 50 50 50% United G St Imp 50% West Union Tel 310 310 310 311% Shipping— Am Inti Corp.... 13% 81% 81% 84 Am Ship St Com 3% 2% 3% 2% Atl Gulf St W 1.. 79% 79% 79% 80% Inti Mer M pfd.. 15 34% 34% 35 United Fruit ...119 117% 118 119 Foods— Am Bug Rfg 76% Cudhav ....... 49% 49% 49% 49% Beechnut Pkg... 85 83 85 85 Calif Pk* 78ya 77% 77Va 78% Canada Dry 84% 64% 84% 85 Corn Products 113% 111% 112 113% Cont Bak A 72% 72 '/a 73% 73 Cuba Cane Su nl2 11% 12 Cuban Am Sue.. 4% 4% 4% ... Grand Union 24 34 24 33% GFrand Un pfd 43% Jewel Tea 61% 61% 61%' 63 Kraft Cheese... 69% 69% 69% 70% Kroger 86% 86% 86% 86% Loose-Wiles .... 80% 78 78 80 Natl Biscuit ...318% 215% 315% 219% Natl Dairy 72% 68% 68% 71% Gen Foods 65% 64% 65% ... Ward Baking B 8% 8% 8% 8% Tobaccos— Am Sumtra ... 38% Am Tob B ....167% 187% 187% 169 Con Cigars 63% 63% 82% 61% Lig St Mevers... 86% 86 86 86% Lorlllard 20% 19% 19% 20% R J Reynolds... 63% 53 53% 53% Tob Products B 11% 11% 11% 11% United Cigar St IS 13% 12% 13 Schulte Ret Strs. 17 17 17 17
In the Stock Market
(By Thomson de McKinnon) NEW YORK, Oct. 3.—Considering the extensive declines during the past week, the latest loan total comes as an unpleasant surprise and in a measure verifies the general impression that stocks have been passing from strong to weak hands. Perhaps equally disconcerting is the belief that the loan report due this afternoon will also emphasize the fact that stocks have been coming out of strong boxes in quantities and finding their way into marginal accounts. Managements of leading investment trusts have been quoted recently as indicating that substantially more than 50 per cent of their assets are now in cash, further verifying the fact that recent selling has probably been much more influential than the buying. Judging the situation from all angles we can find nothing that Is particularly inspiring for the constructive side of the picture, and until we get decidedly more encouragement from both credit and trade conditions, it appears the best policy to continue using such technical rallies as may occur to further reduce long commitments.
CLUB DRIVE TO OPEN Marion Good Government Group Seeks 1590 Members. Drive for 4,500 new members of the Marion County Good Government Club will be opened tonight in a meeting at 31 East Georgia street. Roy T. Combs, president, announced today. Club members said the membership now totals 5,500. Clarence McPherson, Tenth ward Republican chairman, has been named chairman of the club’s election committee and will appoint six committee members. The committee will consider indorsement of city and school office candidates Oct. 14. EDITOR TO GIVE TALK Association of Commerce Will Hear Merle Thorpe. At the annual fall meeting and dinner at the Columbia Club on Wednesday the Indianapolis Association of Commerce will hear Merle Thorpe, Washington, D. C., editor of Nation's Business, official publication of the United States Chamber of Commerce. Thorpe is recognised as one of the nation’s leading lecturers and writers on business subjects. He is a native of Kansas and attended Leland Stanford and Washington State universities. He is a former newspaper man. HEADS WHITE MOTORS President of Coca Cola Company Succeeeds Accident Victim. Bv United Press CLEVELAND, Oct. 3.—Robert W. Woodruff, president of the Coca Cola Company, has been made president of the White Motor Company and its subsidiaries, the board of directors of the latter company announced at a special meeting here Woodruff succeeds Walter C. White, who died Sunday from injuries received in an auto accident last Saturday. Woodruff will not relinquish the presidency of the Coca Cola Company, it was said. MOURNS WRONG CORPSE Widow Discovers Mistake at Wake for Departed Husband. Bv United Pre ST. LOUIS, Oct. 3.—Friends and relatives of Charles Kuhn, 73, gathered at the undertaking parlor to hold a wake. Everything was progressing normally when the widow discovered the corpse was not that of her husband. The wake was postponed indefinitely. Kuhn and Charles E. Gross had been patients in the same hospital. Both died about the same time and identification cards were miked. PROJECT IS ADVANCED Massachusetts Widening, East to Cornell, Confirmed by Board. Steps to widen Massachusetts avenue, from East to Cornell avenue, were advanced today with the confirmation of a resolution by the board of works. The section is the last unit of the project from Ohio to the elevation at Tenth street and Cornell avenue. Contracts have been let on the strip from Ohio to East street The avenue will be made sixty-six feet wide.
THE INDIANAPOUS TIMES
PORKER PRICES RISE 50 CENTS XT STOCKYARDS Most Gain on Weights Under 160 Pounds; Veals Steady at $15.50. 36. 310.00fe*O.M IKUJO RtC< P SOO 37. 10.10mi.15 11.15 5.500 38. 10.104910.90 10.90 4.500 29. 9.80910.60 10.60 10,500 Oct. 1. 9.254910.35 10.35 7.000 3. 9.50m0.35 10.35 3.000 8. 9.75® 10.60 10.60 4.500 Hogs were 25 to 50 cents higher today at the Union Stockyards. The market., 160 pounds up, was 25 cents higher; underweights were mostly 50 cents up. The bulk, 150 to 280 pounds, sold at $9.75 to $10.60. Receipts were 4,500; holdovers 460. Cattle remained steady, with a better grade of beef steers selling at $lO to sl3. Vealers steady at Wednesday’s best prices, at $15.50 down. Sheep and lambs strong to steady. Better grade of lambs sold at sll to $12.50. Chicago hog receipts were 19,000, Including 4,000 directs; holdovers, 6,000. The market was mostly 25 cents higher than Wednesday’s average; bidding $10.35 to $10.40 on choice 180 to 210 pound weights, $10.20 paid for 240 pound weights. Cattle receipts, 7,000; sheep, 17,000. Indianapolis livestock prices today: Hogs, 250 to 350 pounds, $9.25 to $10.10; 200 to 250 pounds, $lO.lO to $10.50; 160 to 200 pounds, $10.60; 130 to 160 pounds, $10.25 to $10.50; 90 to 130 pounds, $9 to $10; packing softs, $7.75 to $8.75. Cattle—Receipts, 900. Calves— Receipts, 500; market, little changed; steers quoted $10.50 to $15.50; beef cows, $7 to $9; low cutter and cutter cows, $5 to $6.50; veals, $14.50 to $15.50; heavy calves, $6.50 to $11.50; bulk stock and feeder steers, $7.50 to $10.50. Sheep—Receipts, 1,000; market, strong; lambs, $12.50; bulk fat lambs, $10.50 to $12.50; bulk cull lambs, $7.50 to $9.50; bulk fat ewes, $3.50 to $5.50. —Ho**— Receipt*. 4.500; market, higher. 250-350 lbs 200-250 lbs J 212® 10 - 80 160-200 lbs 130-160 lbs 90-iso lbs 2-22l 1 2-22 Packing sows 7.75® 8.75 -CattleReceipts, 900; market, steady. Beef steers [email protected] Beef cows 2-92@ 2-22 Low cutter and cutter cows.. 5.00® 6.50 Bulk stock and feeder steers .. 7.50®10.50 —Calves— Receipts, 500; market, steady. Best veals [email protected] Heavy calves [email protected] —Sheep—** Receipts, 1,000; market, steady. Top fat lambs Bulk fat lambs [email protected] Bulk cull lambs 7.50® 9.50 Bulk fat ewes 3.50® 5.50 Other Livestock By United Press CHICAGO, Oct. 3.—Hogs—Receipts, 19.000, Including 4.000 directs; mostly 25c higher, with spots 35c higher on medium weight and weighty butchers; top. $10.45; bulk 170-240 lbs.. [email protected]; pacsing sows. [email protected]; butchers, medium to choice 250-350 ids., [email protected]; 200-350 lbs.. 89.50 fa) 10.45; lbs.. [email protected]; 130-160 lbs., [email protected]; packing sows, [email protected]; pigs, medium to choice, 90-130 lbs., 38.75 @lO. Cattle—Receipts. 5,000. Calves—Receipts. 2.000; lower grade steers and fat she stock slow at week’s decline; few loads of choice steers ard yearlings firm; top steers. 516.25: common and medium steers very draggy at 512.25 downward. Slaughter classes, steers, good to choice, 1.300-1,500 lbs., $12.50 @16.40; 1,100-1,300 lbs., [email protected]; 950-1,100 lbs., $12.50® 16.40; common and medium 850 lbs. up, [email protected]; fed yearlings, good to choice. 750-960 lbs., $12.75® 16; heifers, good to choice 850 lbs. down, *13.50© 14.78; common and emdlum. [email protected]: cows, good and choice. [email protected]; common and medium. $6.25@8: low eutter and cutter, [email protected]; bulls, good to choice beef, $8.65@10: cutter to medium. [email protected]; vealers milk fed good and ehoiee, $12.50 @15,50; medium. *[email protected]: cull and common, $7 @11.50; stocker and feeder steers, good and choice all weights, $lO @11.75: common and medium, sß@lo. Sheep—Receipts, 17.000; active and steady; bulk native lambs. *[email protected]; early top, *12.75; rangers unsold; fat ewes, 54.25® 5.35; choice feeding lambs. sl3 85; lambs, good to choice 92 lbs. down. $11.85; me*. lum. *10.50® 11.85; cull and common. 17.50ffi10.50; ewes, medium to choice 150 lbs. down, *[email protected]; cull and common. 53.35@4; feeder lambs, good and choice sU.7s@i3. Bv United Press EABT BUFFALO. N. Y.. Oct. $.— Hogs— Receipts. 1.800: holdovers. 200: market, active to all interests, 25®40c higher: 250350 lbs. [email protected]; 200-250 lbs., *10.40® 11.10; 160-200 lbs., $10.60@1UO: 130-160 lbs.. *10.*[email protected] : 90-130 lbs.. *10@10 i 50: packing sows. [email protected]. Cattle—-Re-ceipts. 300; market, steady; calves receipts, 100: market, unchanged: beef steers. *lß® 15; light yearling steers and heifers. sl3® 15.75: beef cows. 58.75ffi9.75: low cutter and cutter cows. 84.50ffi7.25: vealers. $17.50 @lB. Sheen—Receipts 700: market, lambs, falrlv active and steady: bulk fat lambs. $12.75© 13.25; bulk cull lambs, [email protected]; bulk fat ewes. $5.25 @6. )— By United Press CLEVELAND, Oct. 3.—Hogs—Receipts. 1.400: holdovers, none; market steady; 3SO-350 lbs., 59.25ffi10.35; 200-250 lbs., [email protected]; 160-200 lbs., $10.40® 10.75; 130-160 lbs.. [email protected]; 90-130 lbs., *lO @10.35; packing sows, [email protected]. Cattle— Receipts, 600; calves, receipts 500; market steady: beef steers. $6.10@11; beef cows, *[email protected]: low cutter and cutter cows, *sffis. l is; vealers. *[email protected]. Sheep—Receipts, 1,200; market steady; top fat lambs, sl3 up; bulk fat lambs, $12.50@13; bulk fat ewes, ss@6. pji Times Special LOUISVILLE, Ky., Oct. 3.—Hogs—Receipts. 500; market, 25c highev; mediums and lights, 130-250 lbs., [email protected]; extreme neavies, 250 lbs. up, $9.75; pigs. 130 lbs. down. [email protected]; stags ana throwouts. [email protected]. Cattle —Receipts, 200; market, slow; prime heavy steers, $11.50® 12.50; heavy shipping steers, $9®11.50; medium and plain steers, sß@9; fat heifers, s7@ll; gpod to choice cows, [email protected]; medium to good cows, $5.75@7; cutters, [email protected]; canners, $4.50@5; bulls. s6® I; feeders, $8®10.50; Stockers, s7@lo; calf receipts. 200; market, steady; fancy calves, sl4; good to choice, [email protected]; medium to good, s9ffill; outs, $9 down. Sheep— Receipts, 200; market, steady; ewes and wethers. sl2: buck lambs, $10; seconds, $5 @7; sheep, [email protected]. Wednesday’s shipments—Cattle, 235; calves, 193; hogs, 151; sheep, none. Bn United Press FT. WAYNE. Ind., Oct. 3.—Calves—Receipts, 52; hogs, 300; sheep, 159; hog market, 35ffi75 cents higher; 90-110 pounds, M.’fS: 110-140 pounds, $9.25: 140-160 pounds, $16.10; 166-300 pounds, 310.25; 300-330 pounds, $10.35; 330-240 pounds, $10.17; 240-200 pounds, $9.90; 260-380 pounds, $9.60; 200-300 pounds. V 9.45; 300350 pounds. $9.10; roughs, $7.75; stags, $6; calves, sl6; lambs, $11.50. By United Press PITTSBURGH. Oct. S.—Hogs—Recelpts, 1.000: market. 35ffi35c higher; 350-350 lbs.. $9.35© 10-25; 300-350 lbs.. SlOffill: 100-200 lbs.. slo.7sffill; 130-160 lbs.. *9.75ffi11; 90130 lbs.. [email protected]; packing sows. 38.35 @9. Cattle —Receipts none: calves. 100; weak: beef steers. 810613; light yearling steers and heifers. [email protected]: beef cows. *7 ffi9: low eutter and cutter cows. [email protected]; vealers. 814ffi17.50 :heavy calves. Sloffi.ls. Sheep—Receipts. 500: market, steady: too. fat lambs. 813; bulk fat lambs. 811,Til; hulk euli i#—h s*■*?'<wv bulk ewes. ss@ 8; bulk yearlings f.7@10.
Local Wagon Wheat
City grain elevators ere paying *l.ll for No. 3 red wheat and 31.13 for No. 3 hard wheat. Ll?* ash hare been found by artesian well oners 300 and 300 feet beneath th* burning sands of tbs Sahara deerrW •
Business —and— Finance
Net earnings of City lee & FJiel Company for eight months ending August 31 last, after ail charges except lederal taxes and depreciation were $6,069,844. This compares with *5,143,882 for the same period last year and represents a gain of 18 per cent. ST. LOUIS, Oct. B.—The Detroit Aircraft Corporation announced today that plants of the Ryan Aircraft Corporation and Parks Aircraft, Inc., located near here, are to be consolidated. Both these companies are subsidiaries of Detroit Aircraft, which recently purchased control of all tho Parks enterprises. Including the Parks Air College, largest In the United States. DETROIT, Oct. 3.—Entrance of the Cord Corporation into the aviation industry became known today through the announcement by Edward A. Stinson that directors of the Stinson Aircraft Corporation have recommended acceptance of an offer by the Cord Corporation to purchase control. The basis was announced as one share of Cord Corporation stock for each two shares of Stinson, with Stinson stockholders having the option of taking $17.50 per share In cash. Offering is expected soon of 58,000 shares of the Giemby Company, Inc., which has recently effecteu the consolidation of three prominent hair gooos manufacturers, a fifty-afore chain of beauty parlors and one* of the oldest toilet preparations and cosmetic manufacturers. This offering is made by Hayden, Van Atter St Cos., and Crawford, Dyer St Cos. MONTREAL, Oct. 3.—Gross earnings of the Canadian National Railways lor the eight months period to the end of August. 1929, were *173,324,442 as against *170,934,671 for the corresponding period of 192&, an Increase of $2,389,771 or 1.40 per cent, It Is shown by the monthly statement of earnings and expenses of the Canadian National System issued today. DETROIT, Oct. 3.—Offering es 13,000 shares of common stock of the Mesta Machine Company was made today at $260 a share by Keane, Higble St Cos., marking the firs* time that the securities of this concern, a leading unit in the manufacture of machinery and equipment for the steel trade, have been made available to the public. The offering involved no new financing, this block of stock having been purchased from individuals. DETROIT, Oct. 3.—Redemption of the 52,000 shares of convertible preferred stock of Federated Publications, Inc., on Oct. 31, 1929, has been voted by the directors with a view of simplifying the capital structure of the company, A. L. Miller, president of the concern, announced today. Q. R. S. DeVry Corporation has completed arrangements with three more jobbers on tne Pacific coast to handle their DeVry line ol cameras and projectors, T. M. Pletcher, president, announced today. This provides the company with wholesale outlets In San Francisco, Los Angeles and Portland, In addition to those already established. Balance sheet of the Gardner-Denver Cos. as of Aug. 81. 1929, shows eurrent assets of *4,3.1,923 against eurrent liabilities of $341,868, a ratio of almost 13 to 1. Cash and call loans total approximately $700,000 at the date of the last audit. The balance sheet shows an earned surplus of $8,453,896 at Aug. 31. which includes net profit:* of $973,224 for the first eight months of the current year. These profits equaled $4.86 a share on the common stock after preferred dividends. Net Income of the Perfect Circle Company for the first eight months of 1929 amounted to $681,088 after all charges and taxes, equivalent to $4.19 a share on the 162,500 shares of capital stock outstanding. These earnings figures are contained In a letter of C. N. Teetor, president, which accompanies the third quarter dividend check being mailed to stockholders. The full year’s dividend of *2 was earned more than twice In the eight months. Exceeding by more than 1,200 tons the highest figures ever recorded for the month, September deliveries of tin In the United Slates reached the unexpected total of 8,120 tons. E. A. Brennan, secretary of the National Metal Exchange, reported today. New financing for Metropolitan Chain Properties, Ltd., which will be In the form of an offering of first mortgage 6 per cent, convertible sinking fund gold bonds, is now being arranged bra gndlcate comprising Peabody, Smith St ... Inc., George H. Burr St Cos., and Greenshlelds St Cos. The bonds, which are expected to be offered shortly, are convertible Into common stock of Metropolitan Chain Stores, Inc., at prices ranging from SIOO per share to and Including Not. 15, 1929, to $l9O per share to ano Including Nov. 15, 1933. An Increase In the outstanding capitalization of United States Electric Light & Power Shares, Inc. to 1,000,000 shares was revealed today with the announcement that the company had completed the sale of additional Series A trust certificates through Calvin Bullock at a price of $58.00 a share. The issuance of additional stock makes the corporation one of the country’s largest utility investment companies, with net worth of approximately $55,000,000.
Produce Markets
Butter (wholesale)—No. 1, 49®50e; No. 2. 47®48c. Butterlat —48c. Cheese (wholesale telling price per pound)—American loaf, 35c; pimento loaf, 370; Wisconsin firsts. 37c; Longhorn. 26e; New York Umoerger. 30c. Strictly fresh eggs, loss off. delivered In Indianapolis. 37c. for graded eggs. No. 1 44c: No. 3.34 c: No. *. 39c. Poultry (buying prices) - Ben*. 24e, springers, 34c; Leghorn springers. 30c; Leghorn hens, 19c; 1939 Leghorn broilers, V/2 to 2 lbs.. 34c; old roosters, large. 12® 15c; small. 10© 15c; ducks. 12c; small. 100 12c; spring guineas. 30e; turkeys. No. young toms. 35c: No. 1 old tom*. 32®23c: No. 2 old hen Si 35<@30c. Bv United Pres ß CHICAGO. Oct. S.—Bggs—Market steady: receipts. 6,553 cases; extra firsts, 39Vic; firsts, 38lic; ordinaries. 32@35c; seconds, 34<@30c. Butter—Market unsettled; receipts, 8,134 tubs; extras, 44c; extra firsts, 42®43c; firsts, 39 , /a®4le; seconds, 37® 38v5c; standard* 43Vic. Poultry—Market weak; receipts 4 cars; fowls, 21024 c; springers, 2 l®22c; leghorns. 18®19c; ducks, 16020 c: geeses, 20c; turkeys, 28® 30c: roosters. 20c; broilers, 26c. CheeseTwins, 2414®24%c; young Americas, 24>Ac. Potatoes —On track, 348; arrivals, 135; shipments, 1,160; market weak; Wisconsin sacked round whites, $2.3002.40; Minnesota Hollendales. $2.2502.35: Minnesota and North Dakota Red River Ohios. s2@ 2.20; Idaho sasked russets, $2.5002.75. Bv United Press NEW YORK, Oct. 3.—Flour—Quiet and steady; spring patents, $6.50@7. PorkDull; mess, $29.50. Lard —Easier; middle west spot, $11.35011.45. Tallow—Steady; special to extra, Potatoes—Dull and easy; Long Island, $2.5006.25 barrel; Jersey, $1.75 0 4.75 basket; Maine, $3.28® 4.85 barrel. Sweet potatoes—Higher; southern basket, Sl® 1.25 basket; southern barrels, $303 25; Jersey, 50c®51.50 basket. Dressed poultry—Quiet: turkeys, 34®60c; chickens, 25®40c; fowls, 20 0 36c; ducks, 18023 c; ducks. Long Island, 220 26e: Live poultry—Bteady; geese, 11022 c: ducks, 16@30c; fowls, 20@34c; turkeys. 60c; roosters, 17@18c; chickens. 200 32c; broilers, 29032 c. Cheese—Firm; state whole milk, fancy to special, 37 Vt ©2914c; Young America, 24Va027c. By Unit'd Press OLBV |jAND, Oct. 3.—Butter—Extras, 48Vie; extra firsts, 43%e; seconds. 41®42c. Eggs—Extras, 47e; firsts, 39c; ordinaries, 3flfc. Poultry—Heavy fowls, 38® 30c: broilers. 25®28e; Leghorn, 18@20c; Leghorn broilers, 24025 c; ducks, 23®25c; old cocks, 18020 c. Potatoes—New York, 150 lb. sack. $4®4.25; Maine Green Mountain 159-lb. sack, 84©4.35; Idaho Russet. 100-. b. sack, $3.75; home grown, bu. sack, $4 #4.25. Building Permits wM£&T'sS ,M and WMe3SO3 J. M. Stephens, dwelling and garage. 1508 West Sixteenth. 85.250. E. J. Smith, garage. 344 Berkley read, Schwanakhaus. dwelling and garage. 318 West Forty-third $5,700. A. L. Munden. repair, 1235 Laurel. S3OO. I. De Haven, reroof. 48 West Thirtythird. S2OO. J. Sauer, garage. 970 North Graham. S4OO. J. Sauer, garage. 988 North Oraham, SSOO. K. C. Kaarstedt. dwelling and garage 4017 South Bowman. 83.150. W. J. Klelnbem. reroof. 5838 Broadway. 9300. Spann Company, wall. 368 Massachusetts. S7OO. C. H. Schrader, garage. 1514 Fletcher. S4OO C.* f. Vogel, dwelling and garage 3836 Martlndale, 83.350. .. E. McCollum, garage. 3030 North Harding $325. O. P. McLeland. dwelling and garage, 1201 Gladstone. $4,300. 1. T. Smith m Son. dwelling _and garage. 5131 Pleasant Run parkway. South drive W E°°Haflman. dwelling. 1910 Southeastern.
WHEAT IS FIRM AT OPENING ON CHICAGOBOARD Corn and Oats Are Shade Higher; Irregular at Liverpool BY WILLIAM M’KENNA United Press Staff Correspondent CHICAGO, Oct. 3.—Liverpool’s irregular wheat market did not prevent a firm opening on the Chicago Board of Trade today, as action abroad had become better as the session progressed, the support of London firms tending to offset the effect of larger Danubian shipments. Corn and oats were a shade higher at Chicago. At the opening, wheat was unchanged to one-quarter cent higher, corn was unchanged to one-eighth up and oats were unchanged to oneeighth higher. Provisions were unchanged. Short interest in wheat has been •reduced considerably on recent advances, but the expectation of an enlarged export demand from Europe when Argentine shipments decline is keeping the trading sentiment fairly bright. Cash wheat markets are showing a decidedly better tone. No. 2 red now is selling at the strongest basis on the crop. Light stocks of corn at terminal markets and reduced country offering has created a more friendly feeling for the buying side of the futures, but there still is plenty of selling on the bulges. The crop is made in most sections. Chicago operators have been selling oats, with commission houses taking their offerings. Prices have held with narrow limits in recent sessions. Shipping sales Wednesday were 26,000 bushels. Chicago Grain Table —Oct. 3 , Prev. WHEAT— 'High. Low. 12:00. Close. Dec 1.36 1.34 1.34% 1.35% Mar 1.42% 1.40% 1.41 1.41% May 1.46% 1.44% 1.45 1.45% CORN— Dec 97% .96% .96% .96% Mar 1.01% 1.01% 1.01% 1.01% May 1.04% 1.03% 1.03% 1.03% OATS— Dec 53% .53% .53% .53% Mar 56% .56% .56% .56% May 57% .57% .57% .57% RYE-4 Mar 1.14% 1.14V* 1.14V* 1.14% May 1.10% 1.15V* 1.16 1.16% LARD— Dec 11.35 11.12 11.35 11.12 Jan. 11.77 11.60 11.77 11.60 May 12.05 12.00 12.00 12.00 Bit Times Special CHICAGO. Oct. 3.—Carlots: Wheat. 39; corn. 100: oats. 87; rye. 9. and barley. 17.
TEST PLANES IN FORDJARAVAN Speed Trials Are Held for Craft Entered in Tour. Bu United Press DETROIT, Oct. 3.—Speed trials began today at the Ford airport of planes entered in the 5,000-mile national air tour for the Edsel Ford trophy, starting Saturday. Twentyfive of. the forty planes entered are at the airport. Preliminary landing and take-off tests scheduled for today were postponed until Friday after a meeting Wednesday night of pilots with Frank Hawks, tour referee. Each entry is required in the speed tests to fly eighty miles an hour, carrying full loads. An all-day aerial program will be held at the Ford airport in connection with the start of the tour on Saturday. Touring planes will spend Saturday night at Toronto and visit thtrty-two cities in twenty states and two Canadian provinces before returning to Detroit, Oct. 21, 23 PERSONS ACCUSED Grand Jury Indictments Embrace Many Charges. Nineteen grand jury indictments charging twenty-three persons with crimes were filed today In criminal court by Vinson H, Manifold, grand jury deputy. Defendants and charges brought against them are: Leroy Brown and Hortense Crutchfield, assault and battery with intent to kill: Thomas Gould, William Jones, Leo Mann, Dolford Johnson, Leroy Wfifeon, Andrew Parker, grand larceny; Russell Hamlyn, Andrew Parker, John Rubin, Oswald Henry, Ivan Rubin, Thomas Sanders, Thomas Lee Walker, Griffin Taylor, Harry Foster, burglary; William Smith, assault with felonious intent; James Tanner, forgery; John O. White, issuing fraudulent check, and Argus Foster, felonious assault. JUDGE BUYS DRIVER’S LICENSE FOR PRISONER Negre Lacked Funds and Gets Cash and Freedom in Court. Municipal Judge Paul C. Wetter bought a driver's license todsy, but he doesn’t drive a car. When Albert Hiatt, Negro, of 449 West Sixteenth street, came before him charged with driving a car without a license the judge asked, “How much will it cost to get a driver’s license?” “Fifty cents, your honor,” retorted Hiatt. “Haven’t you the money? Are you living with your wife?” asked the Judge. Hiatt answered “No” to the first question and “Yes” to the second. Due to Hiatt's conjugal happiness, the Judge gave him $1 to get a driver s license and ordered him to i take his wife riding. Five other motorists charged with failing to have licenses were fined supper ItA
The City in Brief
FRIDAY EVENTS Indiana Conference on Social Work. Clavpool and Lincoln. Exchange Club luncheon. Lincoln. Optimists Club luncheon. Clayoool. Altrusa Club luncheon. Columbia Club. Knights of Columbus luncheon. SptnkAf Firit Ward Republican Club meeting. Compton hall. • , „ Master Painters' Association luncheon. El lndiana’oolis Round Table luncheon. Lincoln. . _ , ~ Delta Tau Delta luncheon. Columbia C1 Re*erve Officers’ Association luncheon. Board of Trade. , . . Delta Chi luncheon. Splnk-Arm*. A prominent attorney will be selected at a meeting Friday night, tc head a National patty ticket in the mayoralty race, John Zahnd, national chairman said today. George T. O’Connof; head of the Thomas Madden Sons & Cos., furniture manufacturers, was named secretary of the National Association of Furniture Manufacturers, in convention at Chicago Wednesday. J. Forrest Cain, educational director for the Frigidaire Sales Corporation, spoke at the Indianapolis Real Estate Board luncheon, at the Chamber of Commerce, today on “Salesmanship.” Don Knowlton, publicity director of the Cleveland Union Trust Company, addressed the Advertising Club of Indianapolis at its luncheon today at the Columbia Club on “Financial Advertising and How to Get It Across.” Ira S. Bassett, evangetost, tonight will deliver a sermon “where Art Thou?” at Cadle tabernacle. Wednesday night he gave a sermon on “Praise and Thanksgiving.” Phi Kappa Psi, national collegiate fraternity, will give a dinner Friday night at the Spink-Arms. Representatives from three chapters will provide entertainment. The Indiana Stamp Club, meeting at the Chamber of Commerce at 8 p. m. Friday, will hear Henry Laker in a talk on “Air Mail of the World.” A paper, “As Others See Us,” will be read by Mrs. Emma Fesler at a meeting of Indianapolis McGuffevites in the public library Saturday, Oct. 12, at 1:30 p. m. Readings and music complete the program. Congressman Louis Ludlow will address the Scientech Club of Indianapolis at its luncheon Monday at the Chamber of Commerce on “Close Ups of Great Men.” Word has been received here that Dr. and Mrs. A. D. Harmon of Indianapolis are recovering in Kansas City, Mo., from injuries received in an auto accident, near that city. Dr. Harmon is traveling secretary of the pension board of the Disciples of Christ. Damages of $5,000 for a dog bite oil each leg, were asked in a suit filed in superior court three by Moses Kennbrew against Luella Johnson. Kennbrew charge? the wounds necessitated the grafting of flesh and that the use of muscles was permanently impaired. Increase of $9,333, equal to 2.6 per cent, in postal receipts at the Indianapolis postoffice for September was reported by Mrs. Ella H. Parker, assistant postmaster, today. Total receipts for the month were $364,249. Joseph J. Bierlla, Detroit, today filed a petition witJA the public service commission A permission to operate busses in Northern Indiana on a, proposed route between Detroit and Chicago. Miss Nina Sherman, Elwood, and Merrett Small, Atlanta, Ind., railroad employe, charged with fraudulently using a railroad pass on the Chesapeake & Ohio railroad, today were held under bonds of SIOO and SSOO for removal to Frankfort, Ky., by Fae E. Patrick, United States commissioner. The Rev. Elmer Jones will succeed the Rev. Homer Ivey as pastor of St. Paul’s M. E. church. The Northwest conference of the Indiana Methodist church will select a pulpit for the Rev. Mr. Ivey at its conference in Laporte.
Marriage Licenses Paul L. Goble, 26. of Crawfordsville. sailor, and Georgia R. Walden, 18, of 840 North Meridian. Joseph L. Sargent Jr., 28, of Chicago, salesman, and Josephine 1 A. Davis, 27, of Julian. R clarkf 30- of 1305 North Delaware, dentist, and Edna M. Allen, 27, of 3120 North Capitol. Harold E. Faulkner, 25, of 1938 Wilcox, clerk, and Helen M. Carpenter, 26. of 1110 North Mount, clerk. Births Boys Donald J. and Martha Finely. Indiana Christian hospital. Murel C. and Margerite Preston. Indiana Christian hospital. „ , Carl and Hazel Hensley. 6189 Colorado. Edward R. and Inez 3mith, 1003 South Randolph. Charles and Betty Webber, Methodist hospital. Cecil and Mary Bailey. 406 Harris. Edward and. Nellie Knox 122 Koehne. John and May Doane, 1019 South Capltol. Melvin and Olga Glassburn. 652 Mary. Charles D. and Emma Coonce. 1438 West C< Clyde and Maudle Llndley. 1342 Oakland. Girls Samuel and Catherine Lucas. 1156 North Wm. A. and Bessie ShUck. Methodist hosD *Miiton and Mary McDonald. Methodist hospital. Albert and Marie Belton. Methodist hosHenrv and Joelanna Joseph. Methodist hospital. _ , Twins Charles and Lula Rhoades. 1010 Castle. b °Sh!e?ds "and Florence White, Methodist hospital, girls. Deaths Alphonso Davie. 7 years, city hospital, acute eardiac dilatation. Ella Peek, 62, 1511 Sharon, general carcinoma. Elbert Thomas, 6 years. 1473 Massachusetts avenue, auto accident. Dr. Louis M. Rowe. 5501 Carrollton avenue. cerebral hemorrhage. Nellie Florence Bego, 1117 East Market, cerebral hemorrhage. Edwin Dean Spurgeon, 11 months. Methodist hospital, enteritis. Sarah C. Dinwiddle. 85, 1128 East Tabor, acute cardiac dilatation. BANKERS’ STRIFE IINDS National Association’s Convention Lacks Open Friction. Bu United Pres* SAN FRANCISCO, Oct. 3.—lt appeared today the fifty-fifth annual convention of the American Bankers' Association, which ends tonight, would be the most sedate in years. The expected clash over the merits of branch banking had not materialized and it was predicted by many of 4,000 delegates there will
PAGE 19
AUTO MAKERS SEE GLOOM IN WINTERTRADE ‘Wildcatters’ Cause Grief In Used Car Business; Sales Heavy. By United Press DETROIT, Oct. 3.—While every automotive manufacturing record has been broken quarter by quarter and the 1929 total production will set another new record, dealers report some pessimism toward the winter outlook. The movement of cars at retail, as well as used cars, has been dropping of late. The main trouble reported by dealers is the situation created by the used car business. “The wild-catters,” dealers commented, “are scalping the country, making large trade-in allowances and then selling the second hand cars less all but $lO or sls of their commission.” The Hupp Motor Car Corporation this week announced it will have a new eight-cylinder car in the medium price class to be manufactured in five body types. The car marks Hupmobile’s entry into the medium price field with an eightcylinder model, selling from $1,595 to $1,670. Two months ago the company announced a six in the SI,OOO class. Chevrolet* Go Fast More than 1,200,000 new six-cyl-inder Chevrolets have been sold since the first of the year. This tops the Chevrolet record for all of 1928, and their factories are continuing on the biggest fall production program eVfer undertaken. Chrysler reported that September shipments brohght their nine months total this year to 392,465 units, compared with 375,264 in the same period last year. The Packard Motor Car Company shipped 37,975 cars the first nine months. A year ago there were 35,033 shipments. Buick Motor Company shipped 26,500 Buicks and Marquettes in September, practically the same as in September last year. Reo Motor Car Company shipped 30,832 cars and trfleks during the nine months, compared with 38,954 units in the same period last year. Production of the new Cord frontdrive cars by the Auburn Automobile Company will be increased, according to company officials, within the next two weeks from thirty-five to sixty a day. Linked With Aviation The proposed sale of Stinson Aircraft Corporation by the Cord interests indicates how closely manufacturers are watching the aviation field. Packard has its Diesel airplane engine, General Motors controls Fokker, and Gardner has merged its former interests in the Parks air interests in the Detroit Aircraft Corporation. More Hudson cars were produced and sold in the first nine months of 1929 than in the entire year 1928. Total for the nine months to Oct. 1 is 284,382 Hudson, Essex and Dover cars, as against 282,207 in all of 1928, New Nash models will be introduced Friday.
HIGHWAYMAN’S CAPTOR SUPPORTS HIS PAROLE Now Warden of Prison, Railway Agent Aids Man He Caught. Bu I'nlted Press CHEYENNE, Wyo., Oct. 3.—Lon Roach, who thirteen years ago shot and captured Bill Carlisle, notorious train robber, now is warden of the prison where the* highwayman is confined and is seeking his parole. J Roach, with many others, appeared Wednesday before the state | pardon board in behalf of Carlisle. The warden said his prisoner had been a model one and had promised to “go straight.” Roach was a special agent for the | Union Pacific railroad when he endled Carlisle’s career as a train robber. The sentence was from twenty-five to fifty years. CONTRACTOR GETS BAIL Evansville Sewer Company Head Can Appeal Conviction. George Pontarelli, Chicago contractor, convicted in Vanderburg circut court for fraud in connection with a $217,099 Evansville sewer contract, was admitted to bail today by the state supreme court, pending appeal. Pontarelli was given a sentence of two to fourteen years in the Vanderburg court and fined $lO. The supreme court today set his Appeal bond at $25,000. Under an act of 1929, he could not be admitted to ball until a proper showing had been made of a probability of reversal of the lower court’s judgment. RAILROAD DEFENDANT Former Employe Seeks SIO,OOO for Injuries While at Work. Suit for SIO,OOO damages for Injuries he alleges he received while employed with a railroad section crew in November, 1928, near Newton. 0., waa*flled today in superior court three by John McGinnis, Indianapolis, naming the Norfolk & Western Railroad Company defendant. McGinnis charges that an injury to his left foot was giveen improper attention by railroad authorities before his removal to a hospital, causing permanent disuse of the foot. RUSS FLIERS TAKE OFF "Land of Soviet” Leaves Alaska on Hop to Seattle. Bv United Press SITKA, Alaska, Oct 3.—The Russian airplane, Land of the Soviets, on a flight from Moscow to New York, took off from here todar 5:43 a. m. lag aw ft la.
