Indianapolis Times, Volume 41, Number 147, Indianapolis, Marion County, 30 October 1929 — Page 15
OCT. 30, 1929.
STOCK MARKET ‘COMES BACK’ IN MANY CITIES Rises as High as 12 Points Are Registered in Pittsburgh. Bu r vitrfj Prraa PITTSBURGH, Pa , Oct. 30.—The Pittsburgh stock market continued to rise In early afternoon trading today, local leaders showing from fractional to 12-point gaints shortly after noon. Arkansas Gas led the upward trend, with a rise of 12 points, selling at 62 after Tuesday’s close of 50. Lone Star Gas sold at 35, up 2; Blaw Knox at 37, up 2; Pittsburgh Screw and Bolt, and Westinghouse Air Brake were Arm at 20 and 43 respectively. Up in Philadelphia Bv United Press PHILADELPHIA, Oct. 30.—Virtually all stocks on the local exchange opened stronger today. In some cases gains of 2 and 3 points were made. United Gas Improvement, which closed at 26 Vi Tuesday, opened at 26 % today and went to 29 shortly before 11 o’clock. Pennsylvania Railroad also gained 3 points, being quoted at 85% at 10:45 a. m. Irregular in St. Louis Bv United Press ST. LOUIS, Oct. 30 —The stock market here opened irregular today, with trading in large volume. Several leading issues continued slightly their downward trend. Scullin Steel was off % to 26%; National Candy off %, to 25; Wagner Electric off 114, to 26%; International Shoe rose 1 point, to 56. Brisk Trade in Detroit Bv ’ nitrd Press DETROIT, Oct. 30.—Trading on the Detroit stock exchange opened more briskly today, but prices were firm and somewhat higher than at Tuesday’s close. Early sales were: Bower Roller Bearing, 6; Hall Lamp, 14; Wilcox Rich B. 12; Third National Investment, 32%, all unchanged; ParkeDavis, 48, up 1, and White Star, 53, up 1.
Stronger in Frisco SAN FRANCISCO, Oct. 30.—The market tone at the opening of the San Francisco stock exchange today appeared to be stronger. Trans-America, which led the break Tuesday opened at 47%, on over night gain of 2% points. Berlin Bourse Firm flu Prruß BERLIN, Oct. 30.—The bourse was firm today, but there were signs of weakness at the close. The nervousness of recent days was much less, however, presumably because of intervention of bankers to steady the principal issues. Gains and losses were within a range of a few points. Mining and electric stocks w r ere higher and banks and industrials lower. Paris Closes Weak Bu United Press PARIS, Oct. 30.—The bourse closed weak. There was considerable tension, with a nervous tendency after irregular movement all the day. • The bourse had opened strong, but suffered a sharp decline in midafternoon.
Banks and Exchange
INDIANAPOLIS STATFMENT Indianapolis bank clearings Oct. 30. *3 893.000; debits. 58.034.000. CHICAGO STATEMENT By United Press CHICAGO. Oct. 30.—Bank clearings, *149.700.000: balances. *24.000.000. NEW YORK STATEMENT Bu rnited Press NEW YORK. Oct. 30.—Bank clearings, *3.500.000 000. Clearing house balance. *432.000.000. Federal reserve bank credit balance *278.000.000. TREASURY STATEMENT Bu United prof* WASHINGTON. Oct. 30.—Treasure net balance on Oct. 28. was $211,195,372.22. Customs receipts for the month to the same date totaled *51.853.717.44.
In the Stock Market
(Bv Thomson * McKinnon' NEW YORK. Oct. 30.—1n looking over the blackboard. 450 stocks, it was a revelation to see that only about 40 or less per cent were selling at over 100 a share and most of them were quoted at prices that seemed ridiculous but a few weeks ago. Never, perhaps, have investors been offered such buying opportunities that now present themselves. Prices in many of the very best managed companies show yields in many cases from 10 per cent upward and with many good issues selling as low as five times earnings. We advise investors to take advantage of the numerous bargains now available. POOL OPERATOR FINED Court Orders 52.000 Worth of Tickets Destroyed. On the defendant's plea of guilty to charges of operating a lottery and pool selling. Special Criminal Judge Jackson Carter today fined Denver E. Furgeson. Negro. SIOO and costs on each charge and ordered more than $2,000 worth of pool tickets belonging to Furgeson destroyed. The tickets were obtained in a police raid on Furgeson's place at Senate avenue and Vermont street KAROLYI COMES IN 1930 Fortner Hungarian Republic Head Will Visit United States. Jfw Cnitrd Pr’-m PARIS. Oct. 30.—Count Michael Karolyi, head of the people's republic of Hungary in 1918. who has been granted permission to enter the United States, hopes to sail for America some time early next for a lecture tour.
Additional Market News on Page 16
New York Stocks ”””(By Thomson & McKinnon I ———
—Oct. 30—Railroad*— Prev. High. Low. 12:00. close. Atchison 239 1 , 231 1 • 233 1 4 221 ! A.tl Coast Line.. 166* 165* 166* 165 Balt & Ohio 120 115* 120 114* Canadian Pac . 201 199 199 191* Baldwin 25 Ch! &. N West.. 82 80* 82 80 I Chi Ort West .. 10* 7% 9% 9* !CR I& P 114 110 110% 115 Del Ac Hudson 144* ! Del & Lacka 145* I Erie 48* 47 48 45* Erie Ist pfd ... 59 58 59 57* Grt Nor 95* 95* 95* 95 Gulf Mob ii OH 22 21 22 20 111 Central ... 123 Kan City South 81 69 8 1 65 Lou <st Nash 125 123 125 110 M K & T 39* 33 39 32* Mo Pac pfd ...122 122 122 122 N Y central .193 190 191* 189* NY NH <V H 103 92 103 89* Nor Pacific . .. 90* 90* 90* 91 Norfolk & West. 226 226 226 215 O <fc W 12* 12 12 14* Pennsylvania .. 86* 83 86* 82 Readme 120 113 120 116* Southern Rv ...129* 126 123* 130 Southern Pac ...126* 123* 126* 124 St Paul 26* 25 25* 20 St Paul pfd 38* 36* 36* 35 St L & S W 74 74 74 70 St L & S F 105* 104* 105* 104 Texas A Pac ...122* 122* 122* 123 Union Pacific ...238 230* 238 239* West Maryland.. 17* 15* 15* 16* West Pac 27* Rubbers— Ajax 27* Fisk 4* 4 4* 5* Goodrich 55 Goodvear 70 67 68* 67 Kelly-Spgfld 5* 4 5 4* Lee 5* 5* 5* 5* United States .. 33 235* 33 24 Equipments— Am Car & Fdv.. 80 80 -80 87 Am Locomotive., 101 * 100* 101* 100 Am Steel Fd.... 42 42 40 Am Air Brake Sh 45 45 45 44* Man Elec Sup 22',2 Genera! Elec ...232 223 229* 222 Gen Ry Signal.. 80 77* 78* 77 Gen Am Tank... 87’* 8312 87* 97* N Y Air Brake 41 Pullman B2* 75* 30 75* Westlngh Air B. 43* 40* 43* 40* Westlngh Elec... 137 130 130* 126 Steels— Am Rol Mil's... 79* 73* 76 75 Bethlehem 89* 86* 89* 84 Colorado Fuel .. 37* 37 37 35* Crucible 73* 77* 78 80 Inland Steel .... 80 80 80 80 Otis 34 31* 33'* 33 Rep Iron & Stl.. 84 74 84 72* Ludlum ... ... 44* U S Steel 182 176* 180* 179 Alloy 36* 35* 35* 40 Warren Fdy 20 20 20 20 Youngstown Stl.llo 103 110 105* Vanadium Corp. 54 50* 54 52 Motors— Am Bosch Mag 30 Briggs 12 10* 11% 12 Brockway Mot... 19* 19 19 19* Chrysler Corp... 35 33% 33* 33* Eaton Axle 30 27 30 30 Borg Warner ... 31* 30* 31% 30* Gabriel Snubbrs 5 Ger.errl Motors. 43 40 42* 40 Elec Stor Bat ... 72 65 72 50 Hudson 4.7 43 43 45 Haves Bod Corp 9 8 8 8 Hupp 21 V 20* 21* 20* Auourn 140 135 140 140 Mack Trucks ... 72 66 70 75* Marmon 28 27% 27* 28 Reo 12% 11% 12* 11* Gardner 5 4 4 4* . Motor Wheel ... 27% 27* 27% 28 Nash 47 46% 47 45 Packard 18% 16* 17* 16* Peerless 8% 5% 5% 6* Studebaker Cor. .. 46 Stew Warner ... 39 * 34 39 31* Timken Bear .. 85 80 80 72% Wiliys-Overland. 9% 8* 9% 10 Yellow Coach.. 12* 11* 12* 12 White Motor .. 33% 33* 33% 32* Minins — Am Smlt & Rfg 80 80 80 84 Amer Metals .. 48 46* 48 41* Am Zinc 10 9'/, 9* 8* Anaconda Cop.. 90* 85 90* 85 Calumet & Ariz 100 Calumet & Hecla 28% 27* 28% 25 Cerro de Pasco 71 68% 70 75 Dome Mines 8 Andes 36 36 36 30 Gt Nor Ore .... 21 20* 21 22 Inspiration Cop 31 26 3! 25 Int Nickel 33 32 37* 31% Kennecott Cop ..68 66 #7Via 65* Magma Cop .... 54% 50% 54'* 50 Miami Copper .. 30 30 30 20 Nev Cons 34% 30% 34 31 Texas Gul Sul... 54 50% 52* SO St Joe 58 51 58 U S Smelt 34 31% 34 30% ORs—
Atlantic Rfz 38% 35% 38 35 Barnsdall fA> 20% Freeport-Texas.. 24 24 24 Houston Oil ... 40 38 40 26 Indp Oil & Gas 22 20% 21% 22 Cont’l OH 25 Mid-Cont Petrol 24% 23% 24% 25 Pan-Am Pet B 52% 56 51 % 50 Phillips Petrol.. 29 28% 29 29 Prairie Oil .. 44 40% 44 41 Union of Cal ...>45 43% 45 44 rairle Pipe .... 514* 49% 51 49 Pure Oil 23 20% 23 22 Royal Dutch ... 50% 48% 49 48 Richfield 24% 24% 24% 25 Shell 23 21 23 29 Simms Petrol .. 20% 20% 20% 20 Sinclair Oil ... 26% 23% 25% 24 Skellv Oil ... 31 30 31 31 Std Oil Cal .... 60% 58% 60% 62 Std Oil N J ... 59% 57 59% 57% Std Oil NY ... 35 32% 35 32% Tidewater 13 Texas Corp .... 52% 51 52% 50% Texas C&O .. 10% 9% 10% 10% Transcontl .... 6% 6% 6% 6 White Eagle 25 Industrials— Adv Rumley ... 15 15 15 16 A ills Chaim M. 44 40 44 43 Allied Chemical 222 209% 222 210 A M Byers 73 61 67 62 Armour A 6% 5% 6% 5% Amer Can ... .122% 119% 122 120,, Alleehanev Corp ... 20% Am Safety Raz.. 53 52% 52% 53% Am Ice 32% 29 32% 35 Am Wool 9 9 9 8% Assd Drv Goods 31% 30% 31% 28 Bon Alum 50 48 50 49-+ Coco Cola 122% 122% 122% 128% Conti Can 48 46 Vs 48 44% Croslev 28% 28% 28% 29% Congoleum 13% 12% 13% 12 Curtiss W 10% 9% 9% 8% Davidson Chem- 33% 30% 31% 25 Dupont 11l 111 111 117 Famous Players 44% 40% 43% 40 Oen Asphalt.... 47% 47% 47% 48% Fox A 56% 52% 56% 48 Gold Dust 40 34 40 32 Glidden 30% 30% 30% 29 Tnt Harvester.. 80 78 78 80 Lambert 98 95% 98 93 Loews ... ... 40 Mav Stores .... 65% 60% 62 .62 Kolstef 8 7% 7% 7 Montgom Ward. 58% 55 58% 53% Natl C R 79 75 78% 76 Radio Keith.... 17% 13% 17% 13% Owens Bottle 60 Radio Corp 43 38% 40% 38% Real Silk 49 Rem Rand 29% 28% 29 33 Sears Roeouck .100% 95% 100% 95 Union Carbide . 79% 75 79% 73 Warner Bros .. 35 35 35 20 Un Air Craft.. 49 46 49 41 Univ Pipe ... 3% U S Cs Ir Pipe 17 13% 17 U S Indus Alco. .139 133 134 139 Worthington Pu 70 67 70 65 Wright Aero 75 Utilities— Am Tel & Te1..218 210 218 204 Am Pr &Lt 79 76% 76% 13% Eng Pub Serv.. 35 32% 33 34 Am For Power.. 55% 51 51 55 Am Wat Wks.. 65 65 65 68 Gen Fub Serv.. 34% 30 30 25 Col O & E 68 65 66 63 Consol Gas 95% 92% 95% 91% Elec Pow & Lt.. 36% 35% 36% 34% Int T & T 78 72 76% 71 Nor Am C 0.... 83% 78% 82% 70 Pub Serv N J... 75% 72 72% 73% So Ca! Edison.. 54% 53% 54% 53 Std Gas & El.. 97 95 95 80% United Corp .... 28% 26% 26% 25% Utilities Power 30% 28 30% 29% United GAc Imp 30% 27 29 % 27 West Union Tel. 189 188 189 190 Shipping— Am Inti Corp.. 42 38 40% 31% Atl Gulf Ac W I 72 69 7 2 67% Inti Mer M pfd.... ... ... 28% United Fruit ...105 105 105 100 Foods— Am Sug Rfg ... 70 67 67 66 Audchav Pck.. 38% 38% 38% 40 Beechnut Pkg.. 67% 67 67 68 California Pkg.. 66% 65% 66% 66 Canada Dry 67%, 60% 63% 60 Corn Products.. 9*4 90 96*4 94 i Cont Bak A 34 39% 34
On Commission Row
FRUITS Apples—Delicious, box extra fancy. *3.75; fancy. $3.15. choice. *2412.25: Wealthy. $2.25: Maiden Blush. *2412.25: Jonathans. $2.75: Grimes Golden $2.75; extra fancy box. Grimes. *3: New York Duchess 52.25 32 50: Gravenstein. *3: Wolf River. *2.50. Cranberries—*3.so a 25-lb. box: *7 a 50lb. box. Grapefruit—Florida *5. Grapes—California, seedless. *2 25 a crate: Malagas. *1.75 a crate: Tcltays. *1 75. Lemons—California, a crate sls. Limes—Jamacia $2Jf2 50. Drawees—California Valencia *3.75@8 Peaches—New York $4 a bu. Plums—*2.7s Idaho 16-lb case *1 VEGETABLE* Beans—Green, strlneless. *2 50. Beets—Home-Brown, doz 40c. Carrots—Home-grown. doz.. 35c. Cabbase—*3 50 a barrel Celerv—Michigan. 80c: Idaho. *1.25 a dozen bunches. Cauliflower—Colorado crate *1.75. Corn—Home-erown. 25£SOe a dozen. Cucumbers—Hothouse, a dozen. *1.75. Eggplant—*l.so63 a dozen: *203.25 a hamper. Kale—Sorine. a bushel. *l. Lettuce—California iceberg. *405 a crate; home-grown leaf a busheL *l. Mustard—A bushel. *l. Onions—lndiana yellow *2 35 a IWMb or- white. 50-lb bg Sl.7a. Psrsiev Home-grown do? bunches 45c Pes< - Colors: J o *?'-£?5 a hamper. n if i;rowp si sp y ryjghei Tvmj •<-.. iv i—visin end Mlnn-rois ; * 4 50 a I*o lb. baa: Red River O’ >os t?i> b S3 75 tdfho Russets. S3 75 Radishes B >iton. hothouse doren 9<v Southern long red ISnJSc dozen Sweet potatoes—Virginia Jersevs *4 a barrel: *3 • bu*h*i Indiana Jersevs *2 25 a bushel: Nancy Halls. $3 a hamper. Tomatoes—Home-grown a bushels *3O 3.50: 15-lb. basket. 60c.
Hershey ... 86 Cuban Am Sugar 7% 7% 7* 9* Fieischmann Cos. .. ... ... 83 Grand Union .. 13 10* 13 9* Grand Union pfd 30 30 30 36 Jewel Tea 40 Kroger <9* 45% 49* 45 Loose-Wiles ... 51 48* 51 50 Natl Biscuit ... 164 151 164* 165 Natl Dairy .... 42 40% 41% 40 Gen Goods .... 42% 41% 42% 40 Loft Inc 5 4 5 5 Stand Brands. . 27% 23 24 Ward Baking B 5 Tobaccos— Am Sumatra ... 27 27 27 29* Am Tob B ....190 185% 190 186 Con Cigars .... 40 45 46 40 General Cigar .. 42% 42% 42% ... Lig & Myers 84 83 83 86 Lorlllard 15* 15% 15% 15 R J Reynolds.. 51 50 51 50 Tob Products B. ‘ !,/ a 3% 4'* 5 United Cigar St. 5 5 5 5% Schulte Ret Strs 8% 8% 8% 9 BANS USEJ3F BOMBS Negro Who Used Missives as Prank Sentenced. Jack-o-lanterns, ghosts, and even ! a witch or two may be acceptable ! on Halloween, but carbide gas bombs ' overstep sensible limits of petty misj chief, Municipal Judge Paul C. Wetter decided today, when he senj tenced Theodore Roberts, alias Sawedoff. Negro. 2113 Shriver avenue, to six months on the state penal farm. Roberts was identified by Mrs. Josephine Shane, Negro, 2437 North Rader street, as the youth who hurled a milk bottle, filled with carbide and water, through her living room window Monday night. The bottle exploded, damaging the furniture. Two other bottles, with like contents, burst on her front porch. Roberts was one of a group of Negro youths bent on pre-Hallo-ween pranks, he said. The youth was captured by police squad after two hours of hide-and-seek in th river bottoms near Twenty-second street Tuesday afternoon.
LAD MURDER WITNESS Called by State as Dry Raider Is Tried for Two Deaths. ,Bu United Press ' CHANDLER, Okla., Oct. 30.—A 7-year-old boy goes on the stand in court here today to tell a story that may bring a man of 65 death, imprisonment or freedom. The boy, Earl Harris, son of James Harri sand nephew of Oscar Lowery, farmers, who were slain during a July 4th liquor raid at their home near Tecumseh, will be called by the state as its star witness. Earl was present when four men came to his home. He saw his father and uncle shot and killed. Jeff Harris, member of the party which was led by W. W. Thomason, dry agent, is accused of the slaying. DR. HARVEY WILEY ILL Father of Pure Food Law Has "Fighting Chance to Live.” Bu United Press WASHINGTON, Oct. 30.—Dr. Harvey Wiley, 86, renowned scientist and father of the pure food law, has a ‘'fighting chance to live,” Dr. Sterling Ruffin, his physician, said today. Wiley Is suffering from the effects of a weak heart aggravated by a severe cold.
Other Livestock Bn United Press CHICAGO. Get. 30.—Hogs—Receipts, 25.000, including 4.000 direct; market opened 10@20c higher; later trade slow at around 10c advance; top, $9.65, paid early on an occasional load of 220-270-lb. weights; packing sows, [email protected]; butchers, medium to choice, 250-350 lbs., $8.65® 9.65; 200-250 lbs.. $9.20(59.65; 160-200 lbs., $9.25®9.60; 130-160 lbs., [email protected]; packing sows, [email protected]: pigs, medium to choice, 90-130 lbs., $8.65(5 9.35. CattleReceipts. 13,000; calves, 2,500; general trade at a standstill; bidding 25@50c lower on steers and she-stock; beef steers predominating in run: medium to good heavy kinds in excessive suppl yand promising to sell at new low prices; early top yearlings, $15.25; slaughter classes, steers, good and choice. 1.300-1.500 lbs.. $12.25® 15.60; 1,100-1,300 lbs., $12.50(515.75; 9501.100 lbs., $130716: common and medium. 850 lbs. up. [email protected]; fed yearlings, good and choice, 750-950 lbs., $13.50® 16; heifers, good and choice, 850 lbs. down. $13.50®15.25; common and medium. $7.50 @13.50; cows, good And choice. $7.75® 10.50; common and medium. $6.25®7.75low cutter and cutter cows, [email protected]; bulls, good and choice beef. $8.75® 10.25: cutter to medium, [email protected]: vealers. milk fed. good and choice, $12@15: medium, sll® 12: cull and common. s7@ll; stocker and feeding steers, good and choice, all weights, $10.25® 11.75; common and mediums. sß@ 10.25. Sheep—Receipts, 21,000market opened slow to 25c lower on native iambs, around $12.50; early top, $12.75; fat ewes. [email protected]; feeding lambs very slow: lambs good and choice, 92 lbs. down, $12.25@13: medium. $11®12.25; cull and common. s7®ll; ewes, medium to choice, 150 lbs. down, $4.25®5.50; cull and common. $2.25(54.50; feeder lambs, good and choice, sl2® 13. Bn United Press EAST BUFFALO. N. Y., Oct. 30.—Hogs —Receipts. 1.600; holdovers, 200: fairly active, 10® 15c above Tuesdb.v’s average; bulk 160-250 lbs., $10®10.10; few, $10.15; J 2O-150 lbs., $9.50@10; ? packing sows, $8.25® 9. Cattle—Receipts. 150; mostly cows, steady; cutter grades. $4.25(5 6.75. Calves—Receipts. 200; vealers. strong to hiß he r: good to choice and sparingly. SI <.50. Sheep—Receipts. 600: lambs unchanged: god to choice. $13(513.50; medium and strong weight.' $11,505 12 50throwouts. $lO5 10.50: Fat ewes, 35.25®6
Chicago Grain Table —Oct. 30WHEAT— High, Lore. 12:00. Close.' Dec 1.26 1.24% 1.25 1.24% Mar 133 1.32 1.32*8 1.32% M dORN— I ' 36n 135 ' i 136 V X ’ 3s^ pec 92% .90% .91 .92% Mar 97% .96% .96% .97% oats-: ’ M! * " •* P,ec 49% .49% .49% ,49> U” 32% .51% .52 .52% M rye— 53 ’ 8 - 53 ‘ 2 • 53 ’' ■ 535 '- Rec 1.04% 1.03% 1.03% 1.04 Mer 1.09% 1.09% 1.09% 109’' M !Wl"" Ul3 , n, ‘ •>:'* Dec 10.52 10.40 10.47 10 52 “j* n 11 02 10.87 10.92 11.02 Ma y 11 35 11.22 11.27 11.32 Pji Times Special Oct. 30.—Carlots—Wheat. 5. corft. 48. oat,'. 23: rye. 5. and barley. 5.
7% A Safe Investment 7% V/l ich Has Behind It ’ Our Record of Over 42 Years Without Loss to Any nvestor. Commonwealth Loan Cos. 7% Preferred Stock (i . r -'jvp ‘ Ir?c’?.r t’-on ndqury* ■ H. Aufderlieide 316 Guarst i. tMdf. Riley 3469 Indianapolis, Ind.
THE INDIANAPOLIS TIMES
PORK MARKET 20 CENTS UP AT CITY PENS Cattle Weak and Steady; Vealers Unchanged, at $15.50 Down. Oct. Bulk. Top. Receipts, i 23. $9,851' 9.00 $9.90 5.500 ! 24. 9.85(3 9 90 9.90 7.000 i 25. 9.75@ 9.85 9.35 10.000 ! 27. 9.65 9.65 6,000 23. 9.60® 9.65 9.65 5,000 23. 9.50 9 50 5.000 30. 9.856 9.75 . 9.75 7.000 The hog market today was mostly 15 to 20 cents higher than Tuesday's average, at the city stock | yards. The bulk, 160 to 325 pounds, were selling at $9.65 to $9.75, a part load sold at $9.85. Receipts were estimated at 7,000; holdovers, 323. Cattle were very dull, with no action in the market. Vealers unchanged selling at $15.50 down. Sheep and lambs were stationary, with a better grade of good and choice lambs, which sold at sl2 to sl3. all others sold at $11.50 down. Chicago receipts were 20,000, including 4,000 directs; holdovers, 5.000. Prices ranging 10 to 20 cents higher than Tuesday's average, several of loads, 190 to 260-pound weights, were selling at $9.50 to $9.60. Cattle receipts, 13,000; sheep, 21,000. —Hors — Receipts. 7,000; market, higher. 200 lbs. and up * 2*52^ 250-300 lbs 910® 9.85 225-250 lbs 9.75® 9.73 200-225 lb 8.„ 9.656 9.70 160-200 lbs 9.65 130-160 lbs 9.256 9 50 90-130 lbs 8.506 9.00 Packing sows 7.75@ 8.75 —Cattle— Receipts, 1,200; market, steady. Beef steers. 1100-1500 lbs., good and choice $12.00615.50 Common and medium 9.00® 12.00 Beef steers, 1100 lbs. down, good and choice 12.25615.75 Common and medium [email protected] Heifers, 850 lbs. down, good and choice 12.50614.50 Common and medium [email protected] Cows .... 8.50@ 9.75 Common and medium 6.50@ 8.50 Low cutter and cutter 5.50@ 6.50 Stockers and feeders steers, good and choice [email protected] Common and medium [email protected]
—Veals— f Receipts. 600; market, steady. Medium ana choice [email protected] Cull and common 11.00® 13.00 —S be pp— Receipts. 900; market, steady. Lambs, good and choice [email protected] Common and medium 9.50® 12.50 Ewes, medium to choice 3.50® 5.50 Cull and common 1.50® 3.50 Other Livestock Bv United Press CLEVELAND. Oct. 30.—Hogs—Receipts. 2,000; holdovers, none; mostly steady to 10 cents higher; 170-250 lbs.. *9.65®9.75: 160 lbs. down largely. $9.50; cows, $8; stags. $6.25. Cattle—Receipts, 525: low steady to weak: most common steers. $8.50(5 10.35; fat dows, $6.50(5:8; low '-utters, $4.^0®5.25. Calves—Receipts, 500; demand very narrow; vealers unevenly lower; bulk better grade, sl7 down; medium kind around. sl2® 14.50. • Sheep— Receipts, 3,000; lambs weak to 25c lower; bulk. $13®13.25; top. $13.50; heavies, $11.50@12; medium. [email protected]; sheep steady; fat ewes. ss®6. Bu United Press ■ CINCINNATI, Oct. 30.—Hogs—Receipts, 3,400; holdovers, 294; mostly 15@25c higher; 260 lbs. at top; heavier hogs scarce; bulk desirable 120-180 lbs., [email protected]; pigs, around $9; bulk sows, $8®8.50. Cattle—Receipts, 650; holdovers, 700; calves. 450; dull, indifferent trade, demai i and outlet, narrow for all offerings; oad lots of slaughter steers and heifers, $7.50®: 11.50; individuals higher; beef cows, quoted $7(58; low cutter and cutter, mostly, ss® 6.25; bulk bulls, [email protected]; Stockers and feeders, steady; choice veals, steady; top, sls: to under grades, 50c or more lower; bulk, slo® 13.50. Sheep—Receipts, 1,400; steady; heavy .lambs. weak, good and choice light lambs, sl2® 12.50; heavies, over 90 lbs., slo® 11; throwouts and bucks, $8 @10; good light ewes, [email protected]. Bu United Press PITTSBURGH, Oct. 30—Hogs—Fresh receipts, 1,500; holdovers, 300: market, barely active, 15@25c higher; sows, steady at [email protected]; 160-230 lbs. butchers, $9.90® 10; 240-300 lbs., [email protected]; 110-140 lbs.. [email protected]. Cattle—Receipts, none; calves, receipts, 100; market, slow to steady; good and choice vealers, $15®17. Sheep—Receipts, 250; market, steady to weak; some sales, 25c lower: bulk fat lambs, $11.50 @13.25; few choice at $13.50; aged wethers, [email protected].
Bu United Press TOLEDO. Oct. 30—Hogs—Receipts, 600; market, 10® 15c higher; heavies, $9.15® 9.50; mediums, $9.40®9.55; yorkers, s9® 9.25; pigs. $8.50@9. dattle—Receipt*. 200; market, steady; calves, receipts, light; market, steady. Sheep and lambs—Receipts, light; market, steady. B.u Times Special LOUISVILLE, Ky„ Oct. 30—Hogs—Receipts. 500; market quarter higher; 175 to 250 lbs., $9.55; 250 lbs. up, $8.95; 130 to 175 lbs., $9.15; 130 ibs. down. $7.75; roughs, 57.60; stags, $7. Cattle—Receipts. 200; market, steady; prime heavy steers, [email protected]; heavy shipping steers, s9@ll; medium and plain steers. [email protected]; fat heifers. [email protected]; good to choice cows, $6.7588.25; medium to good cows, *5.75® 6.24: cutters. [email protected]; canners, $4.50© 5: bulls. $5.50®8.25; feeders, [email protected]; Stockers. s7® 10. Calves —Receipts, 400: market, 50c lower; fancy calves, sl3; good to choice, [email protected]; medium to good, $7 @9; outs. $7 down. Sheep—Receipts, 100; market, steady; ewes and wethers. $11.50; buck lambs, $10.50; seconds, ss@7; sheep, s4® 5. Tuesday’s shipments: Cattle. 470; calves, 95; hogs, 333; sheep, 244. B" United Press FT. WAYNE. Ind., Oct. 30.—Cattle—Receipts. 75. Calves—Receipts, 50. Hogs— Market, 20© 25c up; 90-110 lbs. $8.50; 110-140 lbs., $8.75: 140-160 lbs., $9.20; 160200 lbs., $9.40: 200-225 lbs., $9.50; 225-250 ibs.. $9.40: 250-300 lbs.. $9.30; 300-350 lbs., 59.10; roughs. $8; stags, $6; calves, $15.50; ’acibs. $11.75.
James T.Hamill & Company BROKERS IndiannpolU MEMBERS Clitrago Stools Exchange Chicago Board of Trade Indianapolis Board of Trade Associate New Yo-k Curb 203 Continental Bank Bldg. Tel Riley 5493 Riley 5494
Stocks Vanish Bv United Press NEW YORK. Oct. 30.—Thir-ty-seven stocks, active in trading during last month, “disappeared” from the New York Stock Exchange trading lists completely Tuesday. Specialists in the stocks, it was explained, received selling orders in the stocks but could find no bids and refused to open them rather than sell for unusually low prices. Among the better known stock which “disappeared” were Chesapeake & Ohio, Consolidated Film, Endicott Johnson, Kraft-Phenix Cheese, Freeport Texas, Graham-Paige Motors, Kelvinator, N. Y„ Chicago and St. Louis, Seaboard Air Line, and Wabash Railway.
WESTINGHOUSE IN GAIN Net Income for Nine Months Is $19,544,211. Bv United Press NEW YORK, Oct. 30.—Westinghouse Electric and Manufacturing Company today reported that net income for the nine months ended Sept. 30, 1929, totalled $19,544,211, after all charges and taxes, as compared with $14,290,035 in the corresponding period of 1928. Orders booked for the period aggregated $185,625,135, as compared with $143,637,778 in the first nine months of 1928, while sales billed amounted to $159,545,778, against $138,572,390 in the nine months ended Sept. 30, 1928.
Local Wagon Wheat
Cltv grain elevators are paying sl.ll for No. 2 red wheat and SI.OB for No. 2 hard wheat. NEW YORK COFFEE RANGE —Oct. 29 ... High. Low. Close. May 8.95 8.95 8.95 July . 8.95 8.95 8.95 September 8.95 8.9a 8.95 December 9.30 9.30 9 30
(Exempt from State and Local Tax and Normal Income Tax to the Holders of the Stock iru. Indiana) City Shareholders, Inc. (An Indiana Corporation) Common Capital Stock Without Par Value PURPOSE—BUSINESS : City Shareholders, Inc., is an Indiana Corporation, organized with broad powers to deal generally in high-grade investment securities —more particularly to own and hold the controlling, voting stock of the City Trust Company, City Securities Corporation, City Trading Corporation and such other financial corporations as may be organized, acquired or become affiliated in the discretion of the Board of Directors of the holding company. City Shareholders, Inc,, has acquired 2,1241/2 shares of City Trust Company Stock out of 2,500 shares outstanding, on the basis of eight shares of City Shareholders, Inc., for one share of City Trust Company Stock, and 14,379 shares of City Securities Corporation Common Capital Stock out of 15,000 shares outstanding on an exchange basis of share for share, and is reserving until December 31, 1929, additional shares of City Shareholders, Inc., for the conversion of the remaining shares of City Trust Company and City Securities Corporation Stocks, save directors’ qualifying shares, on the same exchange basis. City Shareholders. Inc., will own all of the common voting stock of the City Trading Corporation. CAPITALIZATION Authorized Outstanding Common Stock without Par Value. 100,000 Shares 75,000 Shares The Corporation has no current liabilities, funded debt or preferred stock outstanding. The stock will be fully paid and non-assessable. HISTORY — SUBSIDIARIES: The City Trust Company began business some ten years ago with a paid-in capital of $100,000.00, which was later increased to $150,000.00 and then to $250,000.00 through a 50 per cent stock dividend and the sale of additional stock. Soon after it was organized it acquired the investment business of Miller and Companv, Inc., which company through its predecessors had been handling high-grade securities for fifteen years. Four years ago the investment business of the City Trust Company was taken over and operated by its subsidiary, the City Securities Corporation. City Shareholders, Inc., is the latest progressive step taken by the City Trust Company and its affiliated interests, to modernize the banking, -investment and trust business it has built up over a period of years in the city of Indianapolis and throughout the State of Indiana, under the leadership of Mr. Dick Miller. As directing head of these financial institutions, Mr. Miller has surrounded himself with a corps of able assistants. The policies of .subsidiary companies will be formulated by the parent company, and in addition to buying and selling, underwriting and distributing fixed income investments, certain of the subsidiaries will engage in buying, selling, trading and distributing the newer types of high-grade securities. MANAGEMENT The officers and directors are as follows; Dick Miller, President Arthur B. Ayres, Robert D. McCord, Capitalist and Director, Pennsylvania Matson, Carter, Ross and McCord, Railroad Company, Newcastle Attorneys Barnar( * Dwight A. Murphy, Secretary A. C. Crimmel, . Cornelius O’Brien, Vice-President, Sneath Glass President, A. D. Cook Company, Company, Hartford City Lawrenceburg William F. Fox, Sr. James M. Ogden, Vice-President National Representative of Attorney-General, State of Indiana Knights of Columbus T • u n l rr J. Dwight Peterson, Treasurer Harry O. Carman, Vice-President - , TT r>- l j Consulting Engineer Earl H. Richardson, Assistant to President. Alfred Henry, City Trust Company Physician - > Charles N. Teetor, W. H. Johnson, President, Perfect Circle Company President, Bloomington Limetsone Hagerstown Bloomington John T Va „ Zant _ C. Milton Kelly Dugger-VanZant Company, Vice-President, City Trust Company Packers, Noblesville EARNINGS The average net earnings of the City Trust Company and the City Securities Corporation for the past four years, plus interest paid by the City Securities Corporation on borrowed capital, has been sufficient to show an earning of 71/2 per cent based on the offering price of the 75,000 shares of the capital stock of the City Shareholders, Inc., presently to be outstanding. With a further diversification of sources of income and a larger permanent capital, this earning should be materially augmented. Legal matters in connection with the organization of the corporation and the issuance of its shares have been passed upon by Messrs. Matson, Carter, Ross and McCord, Attorneys. • Over one-half of this issue has been subscribed and paid for by the officers, directors and stockholders of the City Trust Company and City Securities Corporation. We offer the unsold portion subject to nr’fir s*le and change of price. PRICE: $20.00 PER SHARE Affiliated With • g ri • - • I'"* . • jjL City securities Corporation 108 East Washington Street Municipal, Corporation an< !se ß cu a ritS ate SAFE INVESTMENTS
! WHEAT OPENS HIGHER, WITH .STRONG TONE I Grains Make Slight Gain, With Stock Market Opening Better. Bv United Pruts CHICAGO, Oct. 30. Wheat opened firmly on the Board of Trade today, making a slight gain on the better tone in the stock markets. Liverpool was still lower than ex- : pected, but showed a better tone on j Inquiries from the continent. At the opening wheat was * to * ; cent higher, corn was % cent lower to % cent higher, oats was % to % cent higher. Provisions opened steady. Northwest millers are taking large amounts of wheat to fill the large orders they have been receiving for flour. Reports indicate an increase of almost 300 per cent in their business. Southwestern millers are also running over capacity. . Liverpool opened lower than expected, but advanced slowly during the morning. While trade news has been having but little effect in the face of the stock market weakness, there has been considerable buying on sharp declines. A feeling exists that the foreign markets are interested in United States wheat. Corn is at present a weather market. The weather continues bad over the belt, the rain slowing up the movement considerably. The market has had good support on all breaks and shows strong resistance to all pressure. Oats has been undergoing some scattered liquidation, but this has not had much effect upon the mar-
ket. The strength in the other gains is a bolstering factor. Aged Woman to Move Bv Times Soeeinl COLUMBUS, Ind., Oct. 30— Mrs. C. J. Remy, 93, who will leave here soon to make her home with her ’daughter, Mrs. W. F. Buttruch. in
This well groomed office can be yours Reflect upon some of the well-groomed offices you have seen. Perhaps they were not much different from yours. A little planning, a little rearrangement sometimes transforms an office, and not only gives it that weil-groomed look, but also makes it more business-like and efficient. Our expert office planners are here for the purpose of helping you with problems of this kind., The Aetna Cabinet Cos. 321 West Maryland Street Phone Riley 9791
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Indianapolis, entertained friends at a farewell dinner, at the home of a neighbor, Mrs. Kate Griffith Sne has lived in the same home here for thirty-eight years. She is the mother of Judge Charles Remy, Bd Remy and Sherman Remy, Indianapolis.
