Indianapolis Times, Volume 41, Number 160, Indianapolis, Marion County, 14 November 1929 — Page 17
SfiOY. 14, 102 ft.
PORK MARKET SELLS LOWER AT CITY YARDS _____ ' Underweights Off 25 Cents; Vealers Unchanged at $15.50 Down. Hor. Bulk. Top. Receipts. 7. H3S *9.25 8.000 •. 9 40 9.40 6 000 . 9.40 I 9.45 6)500 11. 9.35® 9.50 9 50 10.000 U. 9.35® 9.25 9.25 11.000 I*. 9 50 9.50 7.000 14. 9.35 9.35 10.000 Hog market largely 15 to 25 cents lower today at the Union stockyards. The bulk, 160 to 300 pounds, were selling at $9.35. Hogs weighing over 160 pounds, were 15 cedts lower, underweights mostly 25 cents off. Receipts were estimated at 10,000; holdovers, 991. Cattle, light weight steers and heifers were unchanged, lower grades dull. Vealers mostly stationary, selling at $15.50 down. Sheep and lambs steady, selling at Wednesday’s best prices, good and choice gradq of lambs selling at sl2 to $12.50, all other grades selling at $8.50 to $11.50. Chicago hog receipts 35,000, including 7,000 directs; holdovers 5,000. Market steady, few loads choice of 180 to 200-pound weights sold at $9 35 to $9.50, occasional load of 240 to 270-pound weights selling at $9.50 to $9.60. Cattle receipts 7,000; sheep 10,000. —Hors — Receipts 10,000: market, lower. 290 lbs. and up $ 9.00®- 9.35 250-300 lbs 9,40® 9.50 235-350 lbs 9.25® 9.35 200-225 lbs 9.304; 9.35 160-200 lbs 8.50® 9.00 130-160 lbs 8.50® 9.00 90-130 lbs B.oo® 8.25 Packing sows 7.7s 'jjj 8.50 —CattleHReceipts. 900; market, steady. 200 lb. and up * 9.25® 9.45 Beef steers. 1100-1500 lbs.. rood and choice 12.00®15.25 Common and medium 9.00512.00 Beef steers. 1100 lbs. down. good and choice 12.00ft15.50 Common and medium [email protected] Heifers 850 lbs. down. good. and choice 12.00014.50 Common and medium 7.50® 12.50 Cows 8.25® 9.50 Common and medium 6.25® 8.25 Lower cutter and cutter 4.50(8) 6.25 Stocker and feeder steers. good and choice 9.00 011.50 Common and medium 9.00011.00 —Veals— Receipts. 700; market, steady. Medium and choice *13.00015.50 Cull and common 7.00@ 13.00 ■— Shee p Receipts. 500: market, steady. Lambs, good and choice $H Common and medium 10.00®]}.^0 Ewes, medium to choice 10.00011.50 Cull and common 3.004 t 5.50 Other Livestock
By United Press _ CHICAGO. Nov. 14.—Hogs—Receipts. 35,000. including 7.000 direct; market opened 10c higher, later trade steady to weak' top. earlv bulk, 190-300 lb. weights. $9.30” 9.50; 150-180 lb. weights. $8 50 ft/ 9 55; butchers, medium to choice. 350-350 lhe.. $9 n 9.60; 200-250 lbs.. s9'ii9 60j 160-200 lbs.. sß.Bsft/9.50; 130-160 lbs.. $8 6o '•9.25: packing sows. SBft/8 60; pigs medium to choice, 90-130 lbs.. $8.25//9. Cattle—Receipts. 7,000; calves, 2.000: largely a cleanup market on steers and yearlings, about steady; little more life in general trade, market in no condition for othpr than light receipts; strictly choice welghtv steers. $13.50; yearlings. sls 25; slaughter classes, steers good to choice 1 300-1 500 lbs. 511.75H14.25; 1.100-1,300 lbs.. $12©15; 950-1.100 lbs.. $2.50:0 15.50: common and medium 850 lbs. up. sß.soft/ 12 75- fed yearlings good and choice. 750950 lbs.. 513.25fi15.i5; heifers, good to choice. 850 lbs. down. $13% 15; common and medium. $7.75@13; cows, good and choice $7 501110.25: common and medium. $5H7.75; low cutter and cutter. $4.75©6; buils. good and choice beef. sß.7sftf 10.25; cutter to medium. $e.50©„9.25; vealers milk fed. good and choice. sl2l/15; medium. sll® 12; cull and common. $7(// l 1; Stocker and feeder steers, good to choice ah weights. $lO6/11: common and medium, $7 25ft? 9 50. Sheep—Receipts. 10.000; market active, strong, bulk fat lambs. sl2 25 ft. 12.50; top. $12.85: fat ewes $5.25©5.65; /ceding lambs, active. 65 lb weights. $13.10: lambs, good to choice. 92 lb. down. sl2l/12 85; medium. $10.75© 12: cull and common. s7ft? 10.50: ewes, medium to choice 150 lbs. down. $4.25©55.85; cull and common. S2 251T4.50; feeder lambs, good and choice. $12©13.50. Bn United Press PITTSBURGH. Nov. 14. Hogs Receipts. 2,000; market steady to 20c higher; advance on butchers of 160 lbs. up, 160-250 lbs., s9.9oft/. 10; 260-325 lbs.. $9.50©9.80; bulk. 140 lbs. down. J 959.35; sows. SBft/ 8 50. Cattle—Receipts. 25; market unchanged; calves, receipts 100: market steady; top veals. $16.50. Sheep Receipts, 1.000; market steady: bulk native lambs. slll/13: aged wethers. $6.50©7.25; fat ewes, ss a 6. By United Press CLEVELAND. Nov. 14.—Hogs—Receipts. 5 400; holdovers, none; steady to 5 cents higher. 160 to 250 lbs.. $9.60 to mostly $9.65; 150 lbs. down. $9.25: sows, $8: stags. $6.25. Cattle —Receipts. 350, draggy to weak, demand for low grade steers narrow; bulk $9.25 downward to $7.25: lew quality upward to $10.75; cows fairly steady. Calves—Receipts 600: better grade steady upward to $171617.50: few, $18: others easier, medium, sl4 to sl6; culls dewn to sll or under. Sheep—Receipts. 2.600; fairly steady: bulk lambs. sl3 down, strictly choice kinds tcarce. steady to Sllftz 11.50: medium throwouts. sloq 10.50: fat ewes, ss©6.
Bv United Press EAST BUFFALO. N Y.. Nov. 14 Hogs— Rsceipts. 2,100: holdovers. 300: fairlv active: mostly steaav : weights below 150 lbs., slow: bulk. 160-l'i lbs., $9.90; 120-150 lbs., $9 25 1T9.65; packing sows. $8.25<38.75. Cattle—Beecipts. 75: steer trade at standstill: cows draggy. mostly 25c lower: cutter grades. s3.7si‘i 6.50. Calves—Receipts. 100; vealers slow, steady $17.50 down. SheepReceipts, 120: lambs, felrlv active, steady; good to choice. *13% 13.25; medium and strong weights. sll6 12.25; throwouts, $lO ©10.50; fat ewes. $5.25f.i 6.25. Bv Time* Special LOUISVILLE. Kv. t Nov. 14.—Hogs—Receipts, 700; market, steadv; 175-300 lbs., $9.55; 300 lbs., up, $8.75;; 130-175 lbs., $7.65; 130 lbs. down. $7.40; roughs. $7 40; stags. $6. Cattle—Receipts, 200: market, steadv; heavy steers, $115?18.50; heavy •hipping steers. 9*j 11; medium and plain steers. $7.5008.50; fat heifers. $7 c 10.50; good to choice cows. $6.506 8: medium to good cows. $5.5006.50; cutters. 5505.50; canners. $4’4.75; bulls. $3.50 i 7.75: feeders. $81)10.50; Stockers. |7 a 10. Calves— Receipts. 100: market, 50c higher; fancy calves. $15.50: good to choice. $10.506 15: medium to good. $7.5009.50: cutters. $7.50 down. Sheep—Receipts. 100: market, steady; ewes nd wethers. $11.50; buck lambs". $lO 50: seconds $507: sheep. s4® 5. Wednesday's shipments: G.attle, 129; calves. 99; bogs, none; sheep, none. B<’ United Press FT. WAYNE. Ind.. Nov. 14.—Calves—Receipts. 25; hogs, receipts. 400; sheep. 50; hog market, steady: 90-110 lb*.. $8.25: HOMO lbs.. $8.50; 140-160 lbs., $8 90; 160-200 lbs.. *9 10; 200-225 lbs.. $19.20; 225-250 lbs.. $9 30; 250-300 lbs , *9.15; 300-350 lbs., $9.05; roughs. $7.75; stags, *5 50; calves, $15.50: lambs, $11.50. , Bn United Bretts CINCINNATI. Nov. 14—Hogs—Receipts. 4 300: holdovers. 317. mostly steadv. spots on light lights and piss 25c lower; bulk good and choice. 180-300 lbs.. $9.5009.65; desirable. 140-180 lbs.. $9.2509.35 pigs. 90-130 lbs.. $8.5009.50: bulk sows, $8 8 25. Cattle— Receipts. 1.200: calves. 450; steady. Improved demand for desirable butcher grades scattered sales. $8612: bulk beef cows. *6O 8.50: low cutter and cutters, mostly *4.soft 6: bulls, mostly. *6 50 0 8 25: veals, stronc top. *15.50; bulk less desirable grades. *llOl4. Sheep—Receipts. 65: steady, good light lambs. sl2t 12. 50: heavies over 90 lbs. $107711: throwout* and bucks $8910; good light ewes. 8595.50. Marriage Licenses Edward H. Grummell. 37. of 940 Stillwell. clerk, and Eileen G. Troy. 21. of 2515 East Tenth, clerk. Forrest L. Hackley. 31 of R. R. 10. Bos 400. salesman, and Matie J. Melton. 23. of 37* South Arlington, milliner. Robert Barnhart. 22. of 1811 South Talbott. baker, and Arnola G. Guls. 19 of 834 Union. Lewis Anna. 48. of 403 North Tacoma, superintendent, and F, C. Sense. 36. of 104 South Sherman Mike Ilic. 22. of Gory mlllworker. and Zara M. Griffith. 18. of 3354 McPherson. La Rot Prror. 27, of 3018 Martlndale. eient. and Minna Turnar. 33. of 3033 Martin dale.
New York Stocks ( By Thomson McKinnon)”*"
—Nov. 14— Prev. Railroad*— High. Low. 12:00. close. Atchison 204% 201 >/ 203 200 All Coast Line..l63 163 163 161 Balt & Ohio 113 108*4 109 1 i 105 Canadian Pac ..19514 194 195% 190*4 Chesa Corp .... 43 47Vi 47Vi 44% Baldwin 21 21 21 2014 Chi ti. N West.. 80 77% 80 75 Ohi Ort West.... 814 7*4 814 7 C R I h P.... 105 104*2 105 101 Del & Hudson.. 160 150*4 155*4 150 Del <Sc Lacka... 13314 133% 13314 134 Erie 49 45*4 48 4214 Erie Ist pfd 5814 Grt Nor 90 89 90 8514 Gulf Mob & 011 2114 20*4 21 1814 111 Central 117*2 118*4 11614 116 Kan City South 65 Lou & Nash 118 118 116 11514 Minn 8 L I*4 MK & T 31 3014 3014 28 Mo Pac pfd 108 105*4 107 105 N Y Central 11214 110*4 112*4 109*4 NY NH A H 98*2 96 971a 95 Nor Pacific 78 7614 78 75)4 Norfolk & West .20014 19714 202 195 O & W 11 1014 11 9 Pennsylvania .. 78 761* 77*4 7514 Pere Marq ... ... 141 P & W va. 94 Reading 108*4 108*4 10814 109 Southern Rv ..123 120 123 115 I Southern Pac ..110 108*2 110 108 ! St Paul 20*4 19 1914 18% St Paul pfd 3414 31 32*2 29*4 5* LS W 55!, 55 55 55 St L & S P 103 101*4 10214 102V4 Texas & Pac....120 116*, 120 118 Union Pacific .205 201*2 203 200 West Maryland 1514 14)4 1514 West Pac 19 .19 19 17*/4 Rubbers— Ajax 2*4 Fisk 3*a 314 314 314 Goodrich 48 44% 4414 42 Goodvear 64% 84 64% 63 Kelly-Spgfld 4’, 4 4% 4 Lee 6% B*4 6% 6*4 United States .. 24), 2214 2414 22 Eauipments— Am Car & Fdv.. 77*4 7714 77*4 76% Am Locomotive. 9114 91*4 91>/a 91 Am Steel Fd. . 43 40*4 42 40 Am Airbrake Sh 4014 4014 4014 41 General Elec ...189 181 18312 373 Gen Rv signal.. 7614 74 74 70 Gen Am Tank .. 80 7914 80 78*4 N Y Airbrake . 3714 37*4 3714 36 Pressed Stl Car 7V4 6*/, 614 614 Pullman rrr... 77 % 75 !■ 7714 73', Westingh Alrß.. 43*4 39 43 39 Westingh Elec ..119* /4 110*4 11514 105 Steels— Am Roll Mills.. 74 65 71 64 Bethlehem 85*4 80)4 83 li 7914 Colorado Fuel .. 29)4 28% 28*4 28% Crucible 76 71 75 77 Gulf States Steel 42*4 4214 42*4 42 Otis 27*2 25*2 251a 24*4 Ren Iron & Stl., 75 67% 75 66% Ludlum 31 30 31 25 Newton ... 3514 U S Steel 153 355 158 1511a Alloy 30 27*4 30 28*4 Warren Fdy 17*4 17% 17% 17% Youngstown Stl.. 95 91 95 96 Vanadium Corp. 46*4 40*4 46% 40 Motors— Am Bosch Mag. 28 27*4 28 27)4 Briggs 10*4 9*4 1014 B*4 Brockway Mot.. 14% 14% 14% 1414 Chryslc. Corp... 28',* 271* 37*2 27 Eaton Axle . 20 18 20 22*4 Graham Paige.. 8 7*4 8 8% Borg Warner ... 30 30 30 27 Gabriel Snubbrs 5% 514 5% 5 General Motors.. 38 36% 36% 36*4 Elec Stor Bat... 70 64 68 55 Hudson 41 38% 391* 38 Hayes Body Corp 7*4 7V* 7% 774 Hupp 19% 18% 18% 18*4 Auburn 189 175 180 130*4 Mack Trucks ... 64 59% 6114 58% Marmon 23 22 22 21% Reo lO'a 1014 10% 10% Gardner 4 4 4 B*4 Motor Wheel ... 24*4 2414 24)4 21*4 Nash 48% 45 48% 45*4 Packard 14% 13*4 14 13% Peerless 5% 5% 5% 5)4Pierce Arrow ... ... 18 Studebaker Cor. 41 40*4 40)4 39 Stew Warner ... 36 33 35 32*4 Timken Bear ... 68 65*4 66*4 61V* Willvs-Overland. B*4 8 V* B'* B*4 Yellow; Coach ... 9*4 B*4 9% 7*4 White Motor ... 30*4 29*4 30)4 30 Mining— Am Smelt & Rfg 68 66 67% 61% Am Metals 38 35'4 36% 32 Am Zinc 7]/* Anaconda Cop.. 75)4 73 75)4 70)4 Calumet & Aria. 76% 7314 76*4 79 Calumet & Hecla 28 26*4 26*4 2714 Cerro de Pasco.. 57 55% 56V* 54% Dome Mines .... 6*4 6)2 6% 6% Andes 33*4 311s 3314 30% Granby Corp ... 48 46% 4614 49 Green Can Cop.. 106% 106*4 106)4 106)4 Gt Nor Ore 23 22 22 20 Inspiration Cop. 25% 25*4 25*4 26 Howe Sound .... 3714 35 36 ... Int Nickel 28 25)4 27 26 Kennecott Cop.. 59% 57% 57% 50% Magma Cop .... 43 38 40 38 Miami Copper... 2614 26*4 26*4 25 Nev Cons 29% 28*4 29 25 Texas Gul Sul... 47* g 45% 47 42% St Joe 45 42 45 41 U S Smelt - 31*4 3114 31% 31%
Oils— Atlantic Rfg ... 39 37% 38 36 Barnsdall A .... 22% 21% 22% 22 Frecport-Texas.. 24% 24% 24% 24,2 Houston Oil . .. 39 38 39 37 Indp Oil & Gas. 21% 21 % 21% 21 Conti Oil 21 19% 21 18 Mld-Cont Petrol 24% 22% 21 22% Lago Oil & Tr.. 18% 18% 18% 17% Pan-Am Pet B. 57 56% 56% 56/8 Phillips Petrol.. 27% 26% 27% 26% Prairie Oil 46 45 46 46% Union of Ca 1.... 42% 42% 42% 42% Prairie Pipe .... 5498 53% 54% jjj Pure Oil 22 31% 22 20% Roval Dutch ... 51% 50% 51 49% Richfield 27 26% 26% 27 Shell 22% 21% 22 21% Simms Petrol .. 20 17 20 1/ Sinclair Oil .... 23% 22% 23V 22 Skelly OH 32 30% 31 30 Std Oil Cal 60% 38*8 50% 56 Std Oil N J .... 59 54% 54% 00% Std Oil N Y ... 33 32 33 32 Tidewater 11 Vs 10% 10% 10 Texas Corp .... 51 49% 50 ... Texas C&O .... 9% 9% 9% 9% Transcontl 7 6% 6% 6% White Eagle .... 25% 25% 25% 25 Industrials— Adv Rumley ... 17 16% 17 18% Allis Chalmers.. 39% 37% 39% 35% Allied Chemical.2o3% 203% 203% 108% A M Byers 64 64 64 50% Armour A 5% 5% 5% 5% Arner Can 101% 95% 95% 86 Am Rolling Mill 64 Alleghaney Corp 1? Am Safety Raz. 44% 44 44% 45 Am Ice 29% 29% 29% 29% Am Wool 8% 8% 8% 8% Assd Dry Goods 27% 26% 37% 26 Bon Alum 40 38 40 37 Coco Cola 115 101% 115 101 Conti Can 47 46% 47 45 Certainteed .... 12% 11% 12% 12V S Crosley 20% 19 20% • 19% Congoleum 13 12 13 13% Curtiss W 8% 8% 8% 8% Davidson Chem. 25% 25 25% 25 Dupont 95 92 95 90 Famous Players. 48% 43% 48% 41% Gen Asphalt ... 45% 44% 44% 44 Fox A 59% 57 68 54% Gold Dust 38% 36% 36% 37% Glidden 30% 28% 28% 28 Int Harvester .. 69% 67% 68 66_ Kelvlnator 5% 5% 5% 5% Lambert 88 84% 88 83 Link Belt 4040 40 42 Loews 41 Vi 38% 41 36 May Stores 53 % 50% 53 Vi 52 Va Roister 7 6% 6% 6% Montgom Ward. 53% 51% 53% 49% Natl C R 66% 65% 66% 63 Radio Keith .... 16% 15% 15% 14% Owens Bottle .. 45 44% 45 45 Radio Corp 33 31% 32 28% Real Silk 44 40% 44 39% Rem Rand , 25% 24% 24% 23 Sears Roebuck.. 86 83% 85 81% Union Carbide.. 68 64% 67% 60%. Warner 8r05.... 34% 33% 34 30% Un Air Craft. . 37 32% 37 31% Univ Pipe 3% 3% 3% * U SCs Ir Pipe 15% 14% 15 14% U S Indus Alco 114% 110 114% 97 Worthington Pu 51 51 51 50 Woolv.orth Cos.. 62% 62% 62% 52%
Utilities— Am Tel & Tel 211% 208 21144 207 Am Pr <fc Lt... 71 6771 64'b Erie & Pub Serv 34% 33% 33% 32',-a Am For Powei; 64 60% 60% 51 Am Wat Wks.. 60 50 60 51% Gen Pub Serv.. 24 20'a 24 21 Col G <fc E .... 61W 58 ! i 59 53% Consol Gas 86% 85'a 85% 80V S Elec Pow A: Lt... 33 32 33% 32 Int T & T.... 63 59% 59% 55% Nor Am Cos 73% 70 73% 69 Pac Light 63 60 61 58 % Pub Serv N J.. 65% 60% 60% 55 So Cal Edison.. 47% 46% 47" 47 Std Gas & El.. 90 90 90 73% United Corp.... 23% 21% 22% 19% Utilities Power.. 27% 26% 27% 28 United G & Imp 25% 24 s , 24% 23% West Union Tel 165 161 161 160 Shipping— Am Inti Corp.. 35% 31% 31% 30% Am Ship & Com I s * 1% 1% 1% Atl Gulf &W I 67% 65% 67% 63% Inti Mer M Dfd 21 19% 21 19 United Fruit ...101 100% 100% 100% F oods** Am Sug Rfg.... 58*4 57% 58% 5 Cudhay Pkg,.... 36 36 36 Borden • 61 57% 61 08% Beechnut Pkg . 52 50% 52 55 California Pkg.. 6i% t>6% 66% 66 Canada Dry. 52% 52% 52% 4o Corn Products. 78'2 77 78 :4% Cor.t Bak A.. 34% 33% 34% 3*% Cuban Am Sug *% Hershev .. - ... 4d Grand Union.... 10% 10% 10% 9% Grand Unton pfd 30% 30% 30% ... Jewel Tea 39 Loose-Wiles .. 45 41% 45 39% Natl Biscuit ....158 150 150 140 Natl Dairy 48 44% 46% 42 OeGn Foods ... 43% 40% 43% 39% Loft Pfd .. ..... ♦ % ♦ <% * Stand Brands 2} Ward Baking B . 4% Tobs .'cos — Am ffumtra.. .. 19% 19’* 19% 20 Am Tob B ... .175% 175% 1.5% lij% Oeneral'cigar... 47% 45% 47% 46 8S !8% Sit It* Tob Produc?* R. i 4% *% % k ft •% S*
LONDON OPENS LOWER; ISSUES TRADEfREELY Early Sellings Are Light Because of Feeling of • Uncertainty. Bv United Pres* LONDON, Nov. 14.—The general list was somewhat lower in early dealings on the London Stock Exchange today, induced apparently by nervousness over the action of the New York market. Trading at the opening was light, because of the feeling of uncertainty. Columbia Graphophones showed an overnight loss of %; United States Steel was off 5, and General Electric, Ltd., down 74. Favorite issues changed hands freely, with International Nickel once called at 27 and Radio Corporation at 31. United Molasses was 7-16 weaker and other domestic speculative issues, such as British AmericanTobacco, and Courtauld’s, were easier. The outstanding feature of the opening was the mining section. Bwana Mkubaa, fluctuated freely between eighteen shillings and fifteen shillings, nine pence. Rio Tinto was a point weaker. • Oils were reactionary. British funds remained firm. Opening prices on the Stock Exchange included the following. —Opening— Brazilian Traction. 34)4: Hydroelectrics. 31%: Columbia Graphophone. 3*4 pounds; International Nickel. 28; International Holdings. 6: Radio Corporation 32; United States Steel. 15714: Genera* Electric ltd.. 42%; shillings: Royal Dutch. 31%; Shell Oil. 4)4 pounds: Canadian Pacific, 136*4; British American Tobacco. 5)4 pounds: Courtauld’s. 2 15-16 pounds; Cables and Wireless, 37 pounds: United Molasses, 3% pounds: Margarine Union. 3% pounds: Dunlop 13*4 shillings; Ford Motors of England, 3% pounds; Rio Tinto. 41 pounds; War Loan ss. 99% pounds; Bwana Mkubaa, 17% shillings.
On Commission Row
FRUITS Apples—Delicious, box extra fancy, $3.75: fancy. $3.15. choice. [email protected]: Wealthy. $2.25: Malden Blush. $20)2.25; Jonathans, $2.75; Grimes Golden $2.50; extra fancy box. Grimes. $3: New York Duchess. $2.25 @2.50: Gravensteln. $3; Wolf River. $2.50. Cranberries 50-lb. box. Grapefruit—Florida, $5. . _ Grapes—California, seedless. $3.25 a crate; Tokays. $1.75. Lemons—California, a crate. $13.50@14. Limes—Jamacta [email protected]. Oraages—California Valencia $3.75@8 Peaches—New York, $4 a bushel; California, box, $2.25. Plums—s2.7s Idaho. 16-lb. case. sl. VEGETABLE*. Beans—Green, stringless. $4.25. Beets—Home-grown, doz. 40c. Carrots —Home-grown, doz.. 35c: Colorado crate. $3.25. Cabbage—s3.so a barrel. , Celery—Michigan. 90c: Idaho. $1.25 a dozen bunches. Cauliflower—Colorado crate, $2.50. Corn —Home-grown. 25@30c a dozen. Cucumbers—Hothouse, a dozen. $2. Eggplant—sl.so<g2 a dozen; $2.50 a hamper. . „ Kale—Spring, a bushel $1.35. Lettuce—California Iceberg. s4@s a crate: home-grown leaf a bushel. sl. Mustard—A bushel. sl. „ Onions—lndiana vellow $2.25 a 100-lb. bag; white. 50-lb. bag. $1.75. Parslev—Home-grown, doz. bunches. 45c. Peas—Colorado. [email protected] a hamper. Peppers—Home-grown. $1.50 a bushel. Potatoes—Wisconsin and Minnesota white. [email protected] a 160-lb. bag; Red River Obius. 120 lbs.. $3.75: Idaho Russets. $3.75. Radishes—Button, hothouse dozen 80c: Southern long red. 15@25c dozen. Sweet potatoes—Virginia Jerseys. $4 a barrel: *2 a bushel- Indiana Jersevs. $2.25 a bushel: Nancv Halls. $2 a hamper. Tomatoes —California. $3 a bag; hot house, $1.90@2 8-lb. basket. Bu United Press . . CHICAGO. Nov. 14.—Apples per barrel, s4@B.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Thursday, Nov. 14, $6,190,000; debits. $9.966 000. CHICAGO STATEMENT Bn TTnitrd Press CHICAGO. Nov. 14.—Bank clearings. $150,000,000; balances, $11.400 000. NEW YORK STATEMENT ni' United Press NEW YORK, Nov. 14.—Bank clearings. $1,992,000,000; clearing house balance. $277.000 000: federal reserve bank credit balance. $190,000,000. TREASURY STATEMENT Bn United Press WASHINGTON, Nov. 14.—Treasury net balance on Nov. 12, $134,515,323.91; customs receipts for the month to the same date totaled $18,683,786.48. Building Permits A. Dav. dwelling, garage, 1233 North Temple. $3,900. G. E. Helm, reroofing. 529 North Jefferson. S2OO. Service Corp. excavating. 414 South Grace. S4OO. N. Sulgrove garage. 1009 Belft, $330. Carter Lee Lumber Company, garage. 1621 West Washington. SBOO. G. Easte. garage. 1727 Cruft. S2OO. W. S. Cpx. dwelling, garage. 1650 Sharron. $4,000. H. Sanders repairing. 619 East Vermont. SSBO. R. C. Hiller, rerooflng. 138 E. Fortyeighth. $2lO. R. Neeves. dwelling, garage, 5744 Washington Blvd.. $17,400. J. L. Gavin, reroofing. 763 W. Twentysixth. $750. Rahl Sheet Metal Company remodeling, Eugene and Northwestern. SI,OOO. Park Board, building. Christian Park, $242,000. M. Brezigar. garage. 2937 W. Tenth. $425. E. Watts, building. 1831 Riviera dr. $3,000. CONFER RITE DEGREES Six Administered to Candidates In Dedication Section. Six degrees were administered to candidates in the first dedication section of the Scottish Rite cathedral Wednesday night. A1 V. Rescher, Anderson, Indiana consistory guard captain, presided over the twenty-seventh degree Harry C. Anderson, commander-in-chief, at the twenty-third, twentyfifth. twenty-sixth and twentyeighth. and Edward H. Mayo presided over the twenty-ninth.
OHIO MAN IS CHOSEN Johnson Picked as Head of National Chrysanthemum'Men. Closing its twenty-eighth convention here the Chrysanthemum Society of America elected Charles W. Johnson. Brecksville. 0., president. Other officers chosen were: George Petri, Adrian. Mich., vicepresident; Arno Nehrling. Richmond, secretary, and William F. Ekas. Baltimore. Md., retiring president. treasurer. Court Approves Sentence The supreme court today affirmed the two to fourteen years' sentence of Albert Price. Negro, who was convicted in 1925 in the Marion criminal court on a charge of embezzling SI,OOO from Simpson A. M. E. church. t
THE INDIANAPOLIS TIMES
Produce Markets
Eggs —Countrv run. loss off delivered In Indianapolis. 38c: hennery duality. 56c: No. 1 46c: No. 2. 32c. Poultry ibuvine prices)—Hens, weighing 4*2 lbs. or over. 22c; under 414 lbs. 20c: Leghorn hens. 18c: roasting chickens. 4*4 lbs. or over.-22c: springers under 4*4 lbs.. 20022 c: springers over 4% lbs., 20'a 21c: Leghorn springers. 15ftlflc: old cocks. 12®14c. Young turkey hens (must be fat i 28c; young toms. 28c; old cans. 22c; old toms, 20c. Ducks (full feathered) 124# 15c. Geese (full feathered' 10c Guinears, 30c. These prie- are so: No. 7 top quality Indianapolis 38c:, hennery Quality. 48c: poultry, quoted bv Kingan & Cos. Butter (wholesale)—No. 1. 44@45c: No. 2, 42®43c. Butterfat—4lt. Cheese (whoiesa)e selling price per pound'—American loaf. 35c: pimento loaf. 37c: Wisconsin firsts. 27c: Longhorn. 27c: New York Ilmberger. 30c. Bu United Press CHICAGO. Nov. 14 --Eggs—Market, unsettled; receipts, 1.554 case; extra firsts. 50ft 51c: firsts. 46ft 47c; ordinaries. 374; 39c; seconds. 28>'35c. Butter Market steady: receipts. 4,002 tubs; extras. 40c: extra firsts. 38%ft39%c; firsts, 36*40 3714 c; seconds. 35@35%c; standards, 38c. Poultry—Market steady; receipts. 6 cars; fowls. 23c; springers. 20'4c; Leghorns, 16c; ducks, 18ft 19c; geese, 19c: turkeys, 28c; roosters. 19c. Cheese —Twins. 22%ft22%c: young Americas, 24%c. Potatoes—On track. 413; arrivals. 114; shipments, 519; market, weak: Wisconsin sacked round whites. $2 30ft 2.40; Minnesota and North Dakota sacked round whites. $2ft2.20; Minnesota and North Dakota Red River Ohios, s2.2oft 2.30: Hollendales a shade higher: South Dakota sacked round whites and Earlv Ohios, $2ft.2.20; Idaho sacked russets. $2.30®3. Bn United Pres* NEW YORK. Nov. 14.—Flour—Quiet and steady; spring patents. s6.loft 6.60. Pork —Dull, moss $28.50. Lard—Easier; middle west spot, $10.55ft 10.65. Tallow—Quiet; special to extra, 7%ft B%c. Potatoes Quiet and steady; Long Island, [email protected]; Maine, $4.10ft)5.25. Sweet potatoes • Steady; southern baskets, 90cft51.25; southern barrels, $1.5002.25; Jerseys, 50c ft $2.15. Dressed poultry—Steady to firm; turkeys. 30ft 45c; chickens, 25ft,36c; fowls. 22ft35c: ducks, 18ft 28c: ducks. Long Island, 24 ft 27c. Live poultry—Steady to firm; geese. 14ft25c; ducks. sl6ft3sc; fowls. 22ft;35c: turkeys. 25ft35c: roosters. 20ft,22c: chickens. 20@28e; broilers. 300 34c. Cheese—Quiet; state whole milk, fancy to special, 271402914 c; young Americas, 24®27c. Bu United Press CLEVELAND. Nov. 14.—Butter—Extras. 44c: extra firsts. 421404314 c; seconds, 35 ft 35%c. Eggs—Extras, 59c: firsts. 49c. Poultry—Fowls 26ft28c: medium, 22®24c: Leghorn. 18ft20c: Leghorn broilers. 200 21c; ducks. 22ft24c; old cocks. 18ft20c: geese. 1820 c. Potatoes—Ohio. $3.85ft3.90 per 150-lb. sack: Maine Green Mount, $4.35ft 4.40 per 150-lb. sack: Id .10 Russet. 54.25 per 100-10. sack: home grown, $1.50 @1.60 per bushel sack.
ONWHNESDAY Dr. Oliver E. Hawn Had Lived Here 25 Years. Last rites for Dr. Oliver E. Hawn, 55, Indianapolis dentist, who died at St. Vincent’s hospital Wednesday after a prolonged illness, will be held at 10 Saturday morning at the Flanner & Buchanan mortuary. Burial will be in Leavenworth at 1 o'clock Saturday. Dr. Hawn had been a resident of Indianapolis for twenty-five years and held offices with Dr. E. W. Gant in the Roosevelt building. He was bom in Leavenworth, Ind., a son of Dr. and Mrs. Emanuel R. Hawn. His father was former secretary of state and state medical board secretary for many years. Dr. Hawn was graduated from the Louisville School of Dentistry in 1896, was a member of the Indiana and Kentucky dental societies, Masonic bodies, the Order of Elks and Modern Woodmen of America. Surviving him are the widow, Mrs. Grace Allen Hawn, and a sister, Mrs. Betty Stewart of Leavenworth.
OPEN BRANCH STORE Charles Mayer & Cos. to Serve North Side. Establishment of a branch store to serve the north side residential district was made today by the Charles Mayer & Cos., department store, 29-31 West Washington street. The branch will be opened at Thirty-eighth street and Broadway, under management of Miss Minnie Resener, formerly connected with the firm. The Mayer store was founded at the present location in 1840. MOTORIST HITS HOUSE Faces Charges of Drunken and Reckless Driving. John Surber, 1915 Montcalm street, knew that New York street curved at Lynn street, but he didn’t know it curved “so soon.” Charles Dunbar, 290 North Lynn street, lives at the curve. When Surber began apologizing for “parking” his automobile in in the Dunbar living room Wednesday night, Dunbar called police. Surber is charged with reckless driving and drunken driving/ DISCUSS FREIGHT RATES Stone Quarry Operators Meet With State C. of C. Heads. Freight rates on stone from the Bedford-Bloomington district were discussed at a meeting Wednesday between H. R. Kurrie, Chicago. Monon railroad president, and representatives of the cut stone industry and the Indiana State Chamber of Commerce. Co-operation of the state chamber has been asked in cases now pending before the interstate commerce commission. LOOT BELIEVED SOLD Milk and Cream Being Stolen at Brazil. Kn United Press BRAZIL, Ind., Nov. 14.—Thieves are taking milk and cream here in such large quantities that police believe it is being hauled to other cities and sold. The thieves have not* only been taking the cream and milk, but likewise money left in bottles to pay for it. Residents say it appears that milk men are followed and thefts committed soon after delivery.
Local Wagon Wheat
City grain elevators are paying *1.04 for No. 2 red wheat and sl.Ol for No. 2 hard wheat. NEW YORK COFFEE RANGE High. Low Close. •January 8.93 8.93 8.93 March 8 85 8.70 8.85 May 8.73 860 8.73 July 8.75 8.40 8.75 September 8.60 8.4 8.60 December 9.00 8.80 9.00
CHICAGO GRAIN MARKET OPENS HIGHERJODAY Cables From Liverpool and Buenos Aires Were Deciding Factors. Bv United Press CHICAGO, Nov. 14.— Wheat jumped sharply upward as the Board of Trade opened here today The strength in the securities coupled with the very strong cables from Liverpool and Buenos Aires was the deciding impetus. Cora and oats were carried up with wheat. At the opening wheat was % to 174 cent higher, corn was % to 1 cent higher and oats was 74 to % cent higher. Provisions opened very firm. The sentiment in wheat was greatly improved by the reports of largest exports in some time, on Wednesday. The strong opening at Liverpool and the higher opening at Buenos Aires also contributed to the bull feeling. The aggressive buying of Wednesday which offset the effect of a weak stock market indicates a strong technical position. The unfavorable weather over the corn belt Wednesday and this morning has held up the husking, cribbing, and impeded the movement toward market, while the shipping sales of 186,000 bushels Wednesday was the largest in some time. These are strengthening features of the market. Oats hit new lows Wednesday, but made excellent recoveries and is in a position to follow the action of wheat and corn. The market is still depending upon the major grains for its direction.
Chicago Grain Table —Nov. 14WHEAT— Prev. High. Low. 12:00. close. Dec 1.16% 1.14% 1.15% 1.14% Mar 1.23V* 1.22 1.22% 1.21% May 1.27 1.25 1.26% 1.25 CORN— Dec 87V* .86% .86% .86% Mar 92% .91% .92 .91% May 94% .93'/* .93% ,93 V* OATS— Dec 44% .44% .44)4 .44 Mar .47% .47% .47% -AT May 49V* .49% .49*/* .46% RYE— Dec 99% .97'/* .97% .96*/* Jan 1.00% .99% .99% .98% May 1.01% I.oo'/* I.oo*/* 1.00% LARD— Dec 10.15 10.10 10.15 10.10 Jan 10.65 10.60 10.62 10.55 Mar 10.77 10.73 10.73 10.70 Mav 11.00 10.99 10.99 10.90
The City in Brief
FRIDAY EVENTS Pbi Kappa Psi, luncheon, Board of Trade. Exchange Club, luncheon, Linooln. Optimists’ Club, luncheon, Claypool. Altrusa Club, luncheon. Columbia Club. Knights of Columbus, luncheon, SpinkArms. Phi Delta Theta, luncheon. Chamber of Commerce. First Ward Republican Club, 8:15 p. m., Compton hall. Master Painters’ Association, luncheon. Elks’ Club. Indianapolis Round Table, luncheon, Lincoln. Delta Tau Delta, luncheon, Columbia Club. Reserve Officers’ Association, luncheon. Board of Trade. Delta Chi, luncheon, Splnk-Arms. Plans for the annual exhibition of Indiana artists’ work will be made at a meeting at John Herron Art institute at. 8 Saturday night. Dates for exhibition and awarding of prizes will be discussed by the artists. Police today held a 16-year-old youth as one of two boys who held up Homer Watson, street car conductor and motorman, on a Garfield park car Nov. 6. Watson identified the boy, police say. M. P. Ackerman, publicity director of the United States Daily, Washington, D. C., addressed the Advertising Club of Indianapolis on “Elimination of Waste in Our Advertising Programs,” at a luncheon today at the Columbia Club. Missionary work of the world will be discussed by J. M. McCaleb, missionary of the Church of Christ, in addresses at 7:30 tonight and Friday night at 3851 East New York street. McCaleb recently returned from a tour of world missionary fields. An illustrated lecture on scenic Arizona and Mexico will be given Saturday night in Cropsey Hall, central library, by D. J. Angus, under direction of the Nature Study Club of Indiana. The public is invited to attend. Members of the club will hike from Danville to Cartersburg Sunday morning with Louis Carey as a leader. Celebrating “Homecoming Day” for former members, the Indianapolis Exchange Club w’ill hear Colonel Paul V. McNutt, former national commander of the American Legion, at its luncheon Friday at the Lincoln.
Births Boys Charles and Clara Walker, Coleman hospital. Larse and Gerda Nordstrum, Coleman hospital. Harold and Bernice Martyn, Coleman hospital. Verel and Hildred Hornaday, Coleman hospital. Egbert and Mary Driscoll. Coleman hos- ! pltal. | Chester and Marv Talbott. 1407 Tabor. Russell and Grace Moore. Methodist hospital. William and Mary Mattingly. Methodist ! hospital. Girls ! Clifton and Roberta Merritt. Coleman hospital. Paul and Alma Wortman. 2250 West Minnesota. Earnest and Mary Booker. 636 North Dearborn. Romert and Edith Lewis Methodist hos- ! pltal. Chase and Helen Brown. Methodist hosi pltal. John and Elizabeth Lacey, 1526 East Kelly. Deaths Mary F. Malone. 57, 521 East Miami, chronic myocarditis. Christian F. Hanslng. 74. 1416 Shelby, mitral insufficiency. Nellie Myrtle Rittenhouse, 49, 843 Prospect. acute myocarditis. Ernest Sargeht 45, 2463 Rural, acute cardiac dilatation. Cecil Faught. 35, 1424 North Alabama, pyelitis. Bragglo Natale. 63. 540 Stevens, arteriosclerosis. Eugene W. Corrigan. 49. St. Vincent’s hosnital. arteriosclerosis. Charles Louden. 51. 2406 Kenwood cerebral hemorrhage. Mack Spencer. 33. 535 Agnes, pulmonary tuberculosis. William Lewis Laver comb. 73, city hospital. arteriosclerosis. Lucy Emily Bradshaw. 84 .3415 Park, acute cardiac dilatation. Cora E. Stevenson 80. 318 South Arsenal, acute cardiac dilatation. *
Business and Finance
NEW YORK. Nov. 14.—Newcomb Carleton, president of the Western Union Telegraph Company, who sailed on the steamer Acquitania for a trip abroad today, said that his company is doing a satisfactory amount of business and net earnings for 1929 should amount to around $16,000,000 or about sl6 a share on the common stock. Net sales of the Spiegel May Stem Company, a national mail order house, for the first ten months of 1929. ended Oct. 31. were $19,633,493. as compared with $15,094,000 for the same period last year. This is an Increase of 22 per cent, according to F. L. Innes, president. Terminal storage facilities for 22.000,000 gallons of gasoline and other refined REALTORS TO ELECT Nominating Committee to Name Candidates. Announcement of the Indianapolis Real Estate Board’s annual election, Dec. 12, and appointment of a nominating committee to select candidates for the offices and board of directors were made today by E. Kirk McKinney, president, at the board meeting at the Chamber of Commerce. Nominating committee members are: T. E. Grinslade, Dan W. Le Gore, Paul L. McCord, John J. Reilly and E. L. Cothrell. J. S. Sutherin, division traffic agent of the Transcontinental Air Transport, Inc., spoke today. Frank F. Wooling, entertainment committee chairman, announced the annual stag party for board members will be held at 6:30 p. m. Monday at the Woodstock Country Club.
In the Air Weather conditions at 9:30 a. m. Northeast wind, ten miles an hour; temperature, 47; barometric pressure, 29.95 at sea level; ceiling--300 feet; visibility, one mile, foggy; field, wet. Planes Go to Park Turkey Run state park now can be reached directly by airplane, it was announced today by conservation department officials. The Turkey Run Airport Company has been organized and has established a landing field one-half, mile from the west entrance to the park. A plane is to be kept at the field at all times and short flights will be made, it was asserted. Other planes may land there with guests for the park inn. Other air fields are expected to follow suit at the various state parks, it was predicted. Three Get Air Jobs Bn United Press WASHINGTON, Nov. 14. —Since Clarence M. Young became assistant secretary of commerce for aeronautics, there has been much speculation as to who would get Young’s former job of director of -aeronautics. The question has been settled. Gilbert G. Budwing, Harry H. Blee and Frederick C. Hingsburg get it. In other words, there won’t be any director of areonautics, as such. The work of the aeronautics branch has been expanded and these three men will serve as heads of three services; Budwing as director of licensing and inspection, Blee as director of areonautical development, and Hingsburg as chief of the airways division.
Ground School Open Ground school of Hoosier airport was opened this week with an enrollment of eighteen persons, including four young women. Twenty persons attended. Ground school classes will be conducted two night a week and will me instructed by Bob Shank and Harold C. Brooks. Two Planes Sold Sale of two airplanes this week by Curtiss-Wright Flying Service of Indiana was announced today by H. Weir Cook, general manager. A Challenger-powered Curtiss Robin monoplane was delivered to the Auto Electric and Radio Equipment Company at Ft. Wayne. The other plane, a Cessna monoplane, powered with a Wright J 6 motor, was sold to Dr. George Espenlaub, Evansville. The sales were negotiated by Cook and Walker W. Winslow, CurtissWright sales director. Arrivals and Departures Hoosier Airport—Clarence Gunther, pilot, and Earl Spitz, Stinson Junior monoplane, Mattoon, 111., to Detroit, overnight; Lieutenant M. J. Smith, pilot, and Ralph Schugar, Fairchild monoplane, overnight, awaiting favorable weather to return to Pittsburgh, after bringing body here en route to St. Louis. Capitol Airport—James F. Douglas, Capitol pilot, Whirlwind Eaglerock biplane, to Richmond and return. Curtiss-Mars Hill Airport—Clyde Shpckley, Waco biplane, Kokomo to Richmond, overnight.
T. A. T. Fares Reduced Reductions of approximately 25 per cent in plane-train fares of Transcontinental Air Transport-, Inc., will be effective Friday, Charles F. Devoe, local manager, announced today. The new Los Angeles to New York fare, including meals, Pullman berths and rail fares, will be 5267.43 compared with the present fare of $338.10. Fares from Indianapolis to various points: To Columbus, 0., old, S3O, new, $23: to New York, old, $62.43, new, $55.43; to St. Louis, old, $33 new, S3O; to Kansas City, old, $75 new, SSB; to Wichita, old, $lO3, new S7B; to Los Angeles, old, $277.67. new, $214; to San Francisco, old, $277.67, new, $224. Breeders Hear Canadian Bn United Press MUNCIE, Ind.. Nov. 14.—More than 1.000 men and women attended the annual banquet of the Eastern Indiana Livestock Breeders' association here. Duncan Marshall, of Toronto. Canada, former minister of agv’" ’" •re in the Canadian cabinet, was the speakers. ~
oil products in the New York district, hare been acquired br the Richfield Oil Corporation of New York, a subsidiary of the Richfield Oil Company of Cr.lifornia, C. M. Fuller, president of the latter, announces. Time-O-State Controls Company's sales gained more than 65 per cent In the first ten months of 1929. as compared with the same period a year ago. Julius K. Luthe. president, announced today. Total sales from Jan. 1 to Oct. 31. this year, were $1,846,004. whereas in 1928 for the same months they were $1,117,391. Famous Players Canadian Corporation. Ltd., lor the fiscal year ended Aug 31. reports gross operating profit of 53.376.845, an increase of 124 per cent compared with $1,507,068, reported for the previous fiscal year. Net profit carried to surplus account. after all deductions, Including proportion of movietone write-off and Income taxes, amounts to $2,044,224, or $6.24 per share on the 327.540 shares of no par common stock outstanding. This compares with $462,071. or $1 44 a share, reported for the previous fiscal year. Directors of International Securities Corporation of America declared the regular quarterly dividends of 12% cents a share on the Class B common stock. 75 cents a share on the Class A common stock. $1.5(1 a share on the 6 per cent preferred, $1.62% a share on the 6% per cent preferred, and $1.75 a share on thP 7 per cent preferred. The dividends, which cover the quarter ended Nov. 80. 1!)29, are all payable Dec. 2, to stockholders of record, Nov. 15, 1929. NEW YORK. Nov. 14.—The Foremost Fabrics Corporation reports consolidated net earnings for the quarter ended Sent. 30. 1929. after all charges and federal taxes of 5125.397. which was equal to $1.25 a share on the 100.000 shares of no par value stock outstanding, according to Benjamin Nathan, chairman of the board. In 1928, before consolidation, constituent companies’ combined figures showed earnings for the year of approximately SI.OB a share. October sales of the Reliance Manufacturing Comnanv and subsidiaries, amounted to $1,079,000. as compared with $621,000 for the corresponding month of 1928, Milton F. Goodman, president, announces. This increase, amounting to $158,000 or 74 per cent, brought the volume for the ten months of 1929 to $2,100,000 above the total for the corresponding ’period of 1.928* The gain for October was the ninth consecutive monthly gain reported over the comparable period of the preceding year. Directors of American and General Securities Corporation declared the regular quarterly dividend of 75 cents a share on the cumulative first preferred stock $3 series, payable Dec. 2. 1929, to stockholders of record. Nov. 15. Weekly estimate of btlumlnous coal production In the United States, computed by the National Coal Association, shows a total for the week ended Nov. 9 of 10.875.000 net tons. The last tveekly coal report of the United States Bureau of Mines gave the output for the week ended Oct. 26 ns 11,415,000 net tons, and for the week ended Nov. 2 at 11,069 000 net tons. The loss in tonnage during the week ended Nov. 9 was mainly due to curtailment of operations on election day.
Foam at Home Michigan Malt Tax Nets $300,000 in First Two Months’ Operation.
TO Indiana, where malt is taxfree, came the word today that malt users of Michigan have paid $300,000 in taxes on the product in the first two months the neighboring state’s malt-tax has been in effect. A bill to tax malt approximately 2 cents a pound was introduced in the Indiana general assembly last February, but never emerged from the ways and means committee. Michigan’s malt tax, which became effective Sept. 1, approximates 5 cents a pound, so that some 6,000,000 pounds of malt were produced and taxed, according to figures from the secretary of state. In Michigan, malt used by bakeries and certain other commercial purposes is exempt from the tax. The state collects its revenue from the sale of tax stamps applied to all containers. SIX WARTIME AREAS CREATED IN NATION Army Engineering Corps Provides for Industrial Needs. Bn United Press WASHINGTON, Nov. 14. Division of the country into six procurement areas for purposes of industrial mobilization in an emergency is described in the annual report of the military activities of the engineer corps made public by the war department today. Headquarters of the six areas have been located in New York, Philadelphia, Buffalo, Pittsburgh, Chicago and San Francisco. The -function of this organization in time of war would be to provide for manufacture and purchase of articles essential to engineer corps activities.
Army engineers are displaying increasing interest in aerial photography as a means of rapid surveys and experiments are being made of the use of searchlights in aerial surveys. IND USTrY HURT/CLAIM Rubber Firm President Says Stocks Crash Blow to Auto Business. By United, Press PARIS, Nov. 14.—The New York Stock Exchange crisis has dealt the automobile industry of the United States a severe blow, George Dryden, president of the Dryden Rubber Company of Chicago, said here today. “My company already has shown a 33 per cent drop in trade, while similar concerns have suffered equally, Indicating a generaly affect on the automobile business,” Dryden said. “It will be six months before conditions are normal.”
REDUCED RATES Account Purdue vs. lowa (Homecoming at Purdue) $*.32 ROUND TRIP $>.32 November 16th Leave Indianapolis 8:00 A. M. 12:00 Noon Arrive Lafayette 9:20 A.M. 1:32 P. M. RETURNING (Tickets good on all trains returning night of Nov. 16th and morning of 17th) Lv. Lafavette 6:10 P.M. 12:25 A.M. 1:22 A.M. 2:47 A.M. Ar. Indpls. 7:55 P.M. 3:20 A.M. 3:00 A.M. 4:35 A.M. For Tickets and information call City Ticket Office— Riley 3322 or Union Station, Rilev 3355. BIG FOUR ROUTE
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A. F. OF L. WILL PUSH SOUTHERN TEXTHIPROBE New Effort Will Be Made for Senate Action in Strike Zone. BY ARTHUR F. DEGREVE United Tress Staff Correspondent WASHINGTON. Nov. 14.—A new attempt will be m:xie to obtain action on the Wheeler resolution, calling for a senatorial inquiry into the southern textile situation, President William Green of the American Federation of Labor said today, as officers of more than one hundred national and international unions met here to discuss unionlzatio of the south. The measure was sidetracked at the special session in favor of the tariff deliberations. It was opposed by southern senators, who demanded the terms of the resolution be broadened to include the entire textile industry. "We again will press for action on this resolution,” Green said. ‘‘Had a senatorial committee gone into the south and reported its findings there would have been no bloodshed. The public would have demanded that these workers get a square deal. After all, they seek only a decent living.” The southern senators are expected to try to shift the inquiry to the Federal Trade commission, as was done in the case of the power combine inquiry, but this move will be contested by Senator Wheeler tDem., Mont.), author of the original investigation resolution, it was indicated. Wheeler intends to bring the issue up in the senate the first week of the regular session. FRANCE TO CONTINUE NAVAL CONSTRUCTION
Determined to Adhere to Program Despite Approaching Parley. By United Press PARIS, Nov. 14.—Despite the approaching five-power naval conference, France is determined to continue her naval construction program outlined in 1923. The 1930 construction program, calling for expenditure of $49,417,992 has been submitted by Minister of Marine George Leygues to the secretary of the Chamber of Deputies and will be given to the chamber’s naval commission, which will report back to the chamber. The program envisages the construction of one 10,000-ton cruiser; six 2,800-ton destroyers; six firstclass 1,500-ton submarines; one submarine mine layer; . one surface mine layer; two small auxiliary ships; and one mine sweeper, totaling 48.000 tons. MRS. DAVID GRI6BEN BURIED IN FLORIDA Former Indianapolis Woman Lived Here Until Eight Years Ago. Funeral services for Mrs. David S. Gribben, former Indianapolis resident, who died at her home in Miami, Fla., Tuesday, were held there today. She was born in Indianapolis and lived here until eight years ago. Before her marridge to Mr. Gribben, former partner of Gray, Gribben & Gray, Indianapolis jewelers, she was Miss Kate Collins. Surviving are the husband, a daughter, Miss May Gribben of Miami; a son, James Gribben; a sister, Mrs. Julia Ritzendollar and three grandchildren, Bruce, Jimmy and Martet Gribben, all of Indianapolis.
3ANKERS TO ASSEMBLE Specialists in Consumer Credit to Meet in Chicago. Bn Times (Special ~ _ . CHICAGO. Nov. 14.—Four hundred specialized commercial bankers, dealing in consumer credit, will meet at the Congress hotel here, Nov. 19 and 20, to discuss the prospects for business during the coming year, and problems arising out of the stock market situation. The meeting is the annual convention of the National Association of Finance Companies, consisting of all the leading houses providing funds for the purchase, on the installment plan, of automobiles and other commodities upon terms recognized as sound by banks and other business interests of th country. REDUCE STOCKS MARGIN Reassuring Step Is Taken by Large Banks in Canada. Bv United Pn ss MONTREAL, Nov. 14.—Announcement was made by leading Canadian banks that they will accept 15 per cent on call loans to brokers on stocks selling over 30, and $lO per share on stocks selling under 30. This generally is regarded as th* most reassuring step that has been taken in financial circles in Canada.
