Indianapolis Times, Volume 41, Number 175, Indianapolis, Marion County, 2 December 1929 — Page 17

DEC. 2, 1929-

PORKER PRICES ' 5 CENTS HIGHER AT STOCKYARDS Lambs Scarce and Steady; Vealers Strong at $16.50 Down. Nov. Bulk. Top Receipts. $9.40 $9 50 * 6,000 25. 9.20 9 35 11,500 26. 9.10 9.15 10,000 37. 9.35 9.40 5,000 29. 9.60 9 70 10,000 30. 9 60 9.60 7,500 Dec. 2. 9.65 9.75 10,000 Hogs were largely 5 cents higher /nan Saturday’s best prices today at the Union Stockyards. The bulk 1.60 to 300 pounds, were selling at $9.65; top price $9.75. Receipts were estimated at 10.000; holdovers 279. Cattle were weak to scarce, with Indications pointing to an unchanged market, slaughter classes little changed. Vealers mostly 50 cents higher, selling at $16.50 down. Sheep and lambs stationary, all gTades of lambs sold at sl3 down. Chicago hog receipts 62,000, including 32,000 directs; holdovers 2,000, Market strong, with very few sales* bidding steady with Saturday’s average. 200 to 240 pound weights, sold at $9.25 to $9.35. Cattie receipts 17,000; sheep 35,000. s —Hogs— Receipt*. 10,000. market, higher. 800 lbs. and up $ 9.50® 9.65 350-300 lbs. ana up 9.65® 9.75 225-250 lbs 9.65 300-225 lbs 9.65 160-200 lbs 9.65 130-160 lbs 8.75@ 9.50 90-130 lbs 8.25 m 8.75 Packing rows 8 f>o@ 9.00 --CattleReceipts. 700. market, steady. J*eof steers. 1,100-1.500 lbs., good and choice 11.50®15.00 Common and medium 9.00®1i.50 Beef steers. 1.100 lbs. down, good and choice 11.75ffi15.25 Common and medium [email protected] Heifers, 850 lbs. down, good and choice 12.75® 15.00 Common and medium 8 [email protected] Cows B.oo® 9.50 Common and medium 6.25® 8.00 Lower cutter and cutter 4.50® 6.25 Stocker and feeder steers, good and choice 9.00'g11.50 Common and medium 7.00@ 9.00 —Veals— Receipts. 400; market, higher. •tedium and choice $14.00® 16.50 Cull and common [email protected] —Sheep— Receipts, 600; market, steady. Lambs, good and choice [email protected] Common and medium 10.50®12.50 Ewes. medium to choice .... [email protected] Cull and common 3.50® 5.50 Other Livestock Pi / Vnitrd Press CHICAGO. "Dec 2. -Hogs— Receipts. 62,000. including 32,000 direct; market mostly steady with Friday's average; top, $9.50, i paid for 240-290-lb. weights; mostly a 1 [email protected] market for good to choice nogs scaling over 190 lbs.; butchers, medium to choice. 250-350 lbs.. $9!&9.50, 200-250 lbs., $9.15®9.50, 160-200 lbs., [email protected]: ISO-lfcO lbs.. $8.50®9.35; packing sows, $8®8.60; pigs, medium lo e.hoice, 90-130 lbs.. $8.25 @9. Cattle-Receipts, 17,000; calves. 3,000; general market steady to 25c higher; fairly active; early top yearlings, $10.25, low grade steers sharing the upturn; slaughter classes, steers, good and choice, 1.300-1.500 lbs.. $12.25® 14./5; 1.1001.300 lbs.. $12. 20u 15.50; 950-1,100 lbs.. $12.50*> 15.75; choice and medium. 850 lbs. and up, sß'}i 12.50; fed yearlings, good and choice, $7.50® 9.50 lbs.. $13®16; heifers, good and choice. 850 lbs. down. $12.50® 15. common and medium. $7.25® 12.5u'; cows, good and choice, $7.25® 10; common and medium. ss.7sf<i 7.50; low cutter and cutter. $4.25® 5.75; bulls, good and choice beef, $8.75@10; cutter to medium, $6.50® 9.2s;venlers, milk fed, good and choice, $12.50® 15.75: medium, sll6/12.50; cull and common, 5/@11; stocker and feeder steers, good and choice, all weights, $lO 25 @11; common and medium. $7.75® 10. Sheep—Receipts, 30,000; market opened weak to 25c lower; fat lambs, $12.50® 12.85; few choice, [email protected]; fat ewes, steady; few $5.25® 5.75; feeding lambs, quotable steady; lambs, good and choice, 92 lbs. down, [email protected]; medium. sll @12.50; cull and common. $9.25@11; ewes, medium to choice. 150 lbs. down, $1.50®6; cull and common, $2.25®4.75: feeder lambs, good and choice, $11.75 @12.75. P.n Times Special LOUISVILLE, Ky.. Dec. 2.—Hogs—Receipt* 1,000; market, 20c higher; 175-300 lbs., $9.55: 300 lbs., [email protected]; 130-175 lbs., $8 95. 130 lbs. down, $7.60; roughs. $7.60; stags, $7. Cattle—Receipts, 800; market, steady; fat heifers, $1 higher, other clastes strong; prime heavy sieers t $11®12.50; heavy shipping steers, $9 60® 11; medium and plain steers, $7.50@9; fat heifers, $7.50 •/12; good to choice cows, $6.50® 8.50; medium to good cows, [email protected]; cutters, [email protected]; canners, s4@s; bulls, $5.50 @8: feeders, sß® 10.50; Stockers, $7©10.25. Calves—Receipts, 500; market, steady; fancy calves, sl4; good to choice, sll® 13$0; medium to good, sß® 10; outs, $8 '|in. Sheep—Receipts. 50; market, steady, -es and wethers, $11.50; buck lambs, $10.50; seconds, ss@7: sheep. s4@6. Saturday’s and Sunday’s shipments; Cattle, none; calves, 151; hogs, 342; sheep, 59. Bit United Pre** C'LEV ELAND, Dec. 2.—Hogs—Receipts, 4,200; holdovers, none; active mostly steady; 150-275 lbs., $9.85; few $9.75; 150 . lbs. down, $9.25; rough sows, $8: stags. - [email protected]. Cattle—Receipts, 600; market, active. 25 f 75c higher: quality very plain at [email protected]; scattered sales, sß® 12; fat cows, s7<gß or better; cutter grade $4.50 @6.50. Calves—Receipts, 600; market, active, strong, 60c higher; better grades freely upward to $18; tew higher; medium, sl4 <8 16.50; culls down to sll or under. Sheep —Receipts, 4,500; market, lambs strong; bulk to choice, $13,50® 13.75; heavies, mostly sl2; medium throwout, $10@11; most fat ewes, $6 down. Bn United Press CINCINNATI, Dec. 2.-Hogs—Receipts, 9 500; holdovers, 166; market, 20®25c Ibigher; 180-300 lbs. higher; $9.75e“.85; 130-170 lbs., $9.256i 9.50; light pigs. 90-120 lbs., $8.50 v 9. bulk sows. [email protected]; stags. $6.50. Cattle—Receipts. 1.800; calves, receipts. 300; market, steady to 25c higher; good, 900-1100 lbs. steers, $13.50; common and medium, mostly $10@12; desirable 600-800 lbs., $10.50© 12.50; good 500600 lbs. up to sl4. common slaughter cattle down to $9; beef cows, mostly $6.75® 8 50; low cutters and cutters, [email protected]; bulk bulls. [email protected]; veals, strong to 50c higher, good and choice. sl6®lv; undesirable down to sll. Sheep—Receipts. 150; market steady to strong, good light lambs. $12.50@13; heavies over 90 lbs. around $11.50: throwouts and bucks, s9® 10.50; good light ewes, [email protected]. By United Press EAST BUFFALO, N. Y.. Dec. 2.—Hogs— Receipts. 8.600; holdovers, 300; active. 10 v; 25c over Saturday's average; bulk 140260 lbs.. slo® 10.10: 120-135 lbs.. *9.75; packing sows $8.15© 8.75. Cattle—Receipts, u 100: active. 25@50c higher: choice steers. •%15: medium and short feeders. $11.75® 13.25; common ste?rs and heifers. s9® II 25: fat cows. [email protected]; cutter grades, $4 50© 6.50. Calves—Receipts. 700; vealers. fully 50c higher, good and choice *17.50 to -mostly $18: common and medium. sll® 15.75. Sheep—Receipts. 7.200; lambs, fairlv active. 2oc to mostly 50c higher; good to choice. *13.75® 14.25: medium and strong weights. $11.50© 12.75; common, $10.25010.75: yearling wethers. $10.50. NEW YORK COFFEE RANGE —Nov. 30High. Low. Close. January 8.28 8 25 8 28 March 8.45 8.30 8 32 May 8 25 8 15 8.16 July 8.25 8.15 8.15 September 8 15 8.11 8.11 December 8 3<J 8 30 8.50 ACCEPTS SENATE POST ’ Jones of Washington Will Direct Appropriations Group. Bp United Press WASHINGTON, Dec. 2.—A harmony reorganization of senate Republican leadership was assured today when ■ Senator Jones (Rep., Wash.) announced he would take over charmanship of the senate appropriations committee and resign the assistant leadership of the • party in the senate. Jones’ action clears the way for appointment of the young guard favorite, Senator McNarv of Oregon, as assistant senate floor leader Given New Zealand Post By Cm fed press LONDON, Nov. 30.—Lord Bledisloe has been appointed governor-gen-y era! of New Zealand, succeeding L General Sir Charles Ferguson, whose |>ni expires early in 1930.

Business — and — Finance

Bu United Press WASHINGTON, Dec. 2.—Authority to issue and sell 1,447,935 shares of capital stock having a par value of SSO was asked of the interstate commerce commission today by the Pennsylvania railroad. Funds raised by the stock sale, amounting to $72,396,750 will be used to meet maturing obligations of $50,000,000 due April 1, 1930, and to purchase additional equipment, the railroad said. The fifty most active stocks traded in on the Chicago Stock Exchange during the week ended Nov. 27 had a market value of $2,255,131,685 at the close of business Wednesday as compared with $2,349,300,797 at the close of the previous week, according to a compilation by Lage & Cos., members of the New York and Chicago Stock Exchanges. This represents a decrease of $94,169,112, or 4.17 per cent. Keeping pace with the recent development and growth in the by-product gas Industry. A. M. Ogle, president of the Indiana Consumers Gas and By-Products Companv. announced today the completion of another link in the rapidly expanding high pressure gas transmission system of the company. Beginning today, the gas supplied bv the Central Illinois Public Service Companv (Martin Insull properties) in Paris. Kansas. Charleston and Mattoon. 11l . will be delivered from the Indiana Consumers Gas and By-Products Company’s plant at Terre Haute. Ind. Short!'/ after Jan. 1 It is planned to extend this service to include Pana, Taylorville. Shelbyville and Effingham. 111. The Simms Petroleum Company has Just completed the retirement of $3,431.500 of three-year 6 per eent convertible gold notes, it Is annnuneed today by officials of the company. With the retirement of this issue all senior obligations are removed with all earnings now in a position to go to the common stockholders. KALAMAZOO. Mich.. Dr*. 2.—The Limousine Body Company, a division of the Auburn Automobile Company, will Increase production facilities at least 20 per cent through an expansion program now under way. It was announced today, by J. D. Bobb, president. Directors of Wextark Radio Stores, Inc., have declared the regular quarterly cash dividend of 50 cents on the capital stock, pavabie Jan. 1 to stockholders of record Dec. 10. Simon Wexler, president of Wextark. stated that the company is enjoying an excellent holiday trade In all of its stores, twenty-three of which are now In operation In Chicago alone. One-half billion dollars of credit In small amounts, ranging from $lO to S3OO, is being extended annually by licensed lenders operating- under the Uniform Small Loan law as sponsored by the Russell Sage Foundation, or similar laws, according to Dwight Is Hoopingarner recognized authority on finance j and business economics and formerly instructor in Harvard university. PHRADELPHIA, Dec. 2.—Announcement Is made, bv the Atwater Kent Manufacturing Company, largest manufacturers of radio equipment. In the United States, of 100 per cent Increase in radio production in the Atwater Kent plant In the last three weeks. Two miles of our asphalt Tun-ways. Permitting landing regardless of wind direction or atmospheric conditions, have Just been completed at the Fairfax Airport in Kansas City, Guy E. Stanley, president of Fairfax Airports, Inc., announces. The corporation Is a subsidiary of the Woods Brothers Corporation. The run-ways are 100 feet wide. It is the only airport in the United States with runwavs of this length and width and even in the severest storm, pilots can land and take off. Negotiation* for a distributor to handle the sale of Kennedy screen-grid radios in Honoliilu and Hawaii are now being made, according to Colin B. Kennedy, president of the Colin B. Kennedy Corporation. The company reports that practically every country in the world has at least one Kennedy distributor. Filial plans for the inaupration of Jute futures tradng on the New York Burilap red Jute Excnange wll be drawn up by tne board of governors within a few days and trading in that commodity, supplementing futures operations in burlap and sugar bags, will get underway shortly, according to Rutger Bleecker. president of the exchange. Bn Times Svecial AKRON. Dec. 2.—Goodyear’s new cotton mill at Rockmart, Ga., has been placed in production, it was announced today by P. W. Litchfield, president. The new fabric unit is the seventh of its kind in the world-wide Goodyear Tire and Rubber Company organization. Installation of machinery will be finished before the end of the year and by Jan. 15 capacity production front the null’s 50,000 spindles is expected to be reached. Current reports from brick manufacturers show that deliveries were better during Octo! cr than in September, and were about 20% better than in October, 1928. Orders on the books also show improvement.

Produce Markets

Eggs <county run) —Loss off delivered In Indianapolis, 38c; henery quality. 56c; No. 1. 46c; No. 2. 30c. Poultry (buying prices)—Hens weighing 4Vi lbs. or over, 22c; under 4lbs.. 20c; Leghorn hens, 17c; springers, 5 lbs. or over, 19c; under 5 lbs.. 18c; Leghorns, springs. 15c; stags. 13c; heavy cocks. 14c; Leghorn cocks, 12c; turkeys, young hens, iat. 24c; young toms, tat, 24c; old hens, fat, 18c; old toms. fat. 16c; ducks, full feathered, fat. white, 14c; geese, full feathered, fat. 12c; guineas. 35c a lb. These prices are for No. 1 top quality. 48c; poultry quoted by Kingan & Cos. Butter iwholesalei—No. 1. 44Q>45c: No 2. 42@ 43c. Butterfat—4oc. Cheese (wholesale selling price pet ooundi—American loaf. 35c; pimento loss. 37c: Wisconsin firsts. 27c; Longhorn. 27c: New York limberger. 30c. Bu Tnited Press _ , _ CHICAGO. Dec. 2.—Produce; Eggs— Market Arm; receipts. 1.545 cases; extra firsts. 51 id 53c; firsts, 48@49c; ordinaries, 37Si 39c; seconds. 28® 35c. Butter—Market. firm; receipts. 8.206 tubs; extras. 42c; extra firsts, 404i41c; firsts. 37(038120, standards. 40c. Poultry—Market, steady; receipts. 4 cars; fowls, 23c; springers. 21c; Leghorns. 17c; ducks. 17c; geese. 17c; turkevs. 23<®28c; roosters. 17c. Cheese— Twins, 2l‘aty22c; Young Americas, 24c. Potatoes— n track. 363; arrivals. 103; shipments. 603; market, steady; Wisconsin sacked round whites. $2.35(7; 2.50; Minnesota and North Dakota sacked Round Whites. $2.15®2.30: Idaho sacked Russets, $2.65 y 3.10; Colorado McCures, $2.65. Bu l'nited Press NEW YORK. Dec. 2.—Flour —Quiet and strong; spring patents. $6.50® 7. Pork— Dull; mess, 525.50. Lard—Firm; middle west spot, $10.95® 11.95. Tallow—Steady; special to extra. 7 5 s(87'Uc. Potatoes—Dull and easier: Long Island, $4.75® 6.35 bbl.; Maine. SS.BS®S bbl.: Bermuda, s7@l4 bbl. Sweet potatoes—Firm; southern, bskts., $1 @1.25; southern bbls, 5353.75; Jersey, bskt.. 60At $2. Dressed poultry—Steady to fair: turkeys, 21® 40c: chickens, 24@36c; fowls, 20(d33c; ducks. 16028 c; ducks. Iking Island, 23@27c. Live poultry—Quiet; geese, 14® 24c: ducks, 15® 28c: fowls. 20@33c: turkeys, roosters. 200® 22c; chickens, 20® 26c; broilers. 28 @3 sc. Cheese—Steady; state whole milk, fancy to special. 26® 26Vic; young America, 23®25c. Bn rtiitrd Press CLEVELAND. Dec. 2.—Butter—Extras, 45’ic: extra firsts. 43’-,@44 1 2C; seconds. 35® 35'vC. Ee£8 —Extras. 56c; firsts, 47c. Poultry—Heavy. 26® 28c; medium. 20® 22c: Leghorn. 15018; springers. 25c; Leghorn springers. 20c: ducks. 20®22c: old cocks. 18c: geese 20®22c. Potatoes—Ohio and New York. 53.85S 3 90; few $4 Der 150 lb. sack: Maine Green Mt., $4.2504.40 Der 150 lb. sack: Idaho Russet. $3.7504 per 150 lb. sack; home grown. [email protected] per bushel sack. Marriage Licenses Dr. F. M. Leonard, 28. of 2109 North New Jersey, dentist, and Margaret M. Arens. 24. of R R. 17, Box 211. Robert B. Lewis. 26. Chicago, teacher, and Virginia F. Lewis, 23. of 2134 Highland Place, teacher. Edwin A. Cambridge. 20. of 2265 Union, auditor, and Marie E. Free. 1325 Ashland, stenographer. Jean F. Gates. 27. of 3315 Central, manager. and Pauline E. Jones. 35, of 1207 North New Jersey. Thomas F. Shaughnessy. 36. of 2626 East North, clerk, and Mury E. Ryan, SO. of 41 South Gladstone, stenographer.

WHEAT OPENS LOWER; CORN HOLDSSTEADY Liverpool Prices Are Depressing Factors in Grains. By United Press CHICAGO, Dec. 2.—Wheat prices broke sharply as the Board of Trade opened today. Liverpool, where prices were only % cent to M cent higher late in the afternoon, had a very depressing effect. Strength at Buenos Aires did not offset the effect of Liverpool. Corn held steady at the opening, but oats I sank with wheat. At the opening wheat was % cent lower to % cent higher and oats to 1% cents lower, corn was L 4 cent unchanged to % cent Provisions were firmer. Liverpool opened almost as expected this morning, but gradually declined during the day to stand just above Saturday’s close near noon. Deliveries on December contract this morning wore reported to be 5,750,000 bushels, vhich is somewhat larger than expected, but is thought to have gone into strong hands. There is a good cash demand for corn and this will offset a large part of the expected heavy receipts. While the cold weather has not abated any. corn may not decline much if wheat holds its strength. There were no deliveries on December contract this morning. Liquidation in December oats is largely over, though some may be expected near the end t>f the month. Deliveries on December contracts totaled 243,000 bushels. Chicago Grain Table —Dec. 2 WHEAT— Prey. Open. High. Low. 12:00. Close. Dec.. 1.28 1.28® 1.27‘/a 1.28% 1.28% Mar.. 1.35% 1.3S 1.35% 1.35% 1.36 May.. 1.39% 1.40% 1.38% 1.39% 1.39% July.. 1.40 1.40% 1.39% 1.39% 1.40% CORN— Dec.. .88% .89% .88% .89% .88% Mar.. 94% .94y a .94% .94% .94 Vi May.. ,96% .97 .96 .96% .96% July.. .98 .98% .98 .98% .98% DATS— Dec.. .46% .47 .46 % .46% .46% Mar.. .50% .50% .49% .50 .50% May. .51 .51% .50% .51% .51 RYE— Dec.. 1.06 1.08 1.06% 1.07 1.06 Mar.. 1.08% 1.09% 1.08 1.09 1.08% May.. 1.09 1.09 1.08% 1.08% 1.09 LARD- - Dec. 10.40 10.40 10.37 10.40 10.35 Jan. 10.90 10.95 10.92 10.95 10.85 Mar. 11.10 11.15 11.12 11.15 11.10 May. 10.32 10.35 10.32 10.35 11.30 Bu Times Svecial CHICAGO. Dec. 2.—Carlots: Wheat, 9; corn. 207: oats. 16.

Local Wagon Wheat

City grain elevators are paying $1.22 lor No. 2 red wheat and sl.lß lor No. 2 hard wheat.

On Commission Row

FRUITS Apples—Delicious, box extra fancy. $4; fancy. $3.15. choice. $2(ffi2.25: 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: Staymen Box. $2.50. Cranberries *4 a 25-lb. box; $7.50 a 50-lb. box. Grapefruit—Florida, $6.50@7. Grapes—California, seedless. $3.50 s crate; Emperor, $2.75@3. Lemons —California, a crate. $13.50®14. Limes—Jamacia [email protected]. ___ „ Oranges—California Valencia, [email protected]. VEGETABLE*. Beans—Texas. $4 a hamper. 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. $3. Cucumberrs—Hothouse, a dozen. $2.25. Eggplant--$2.50 a doz*n: $6 a hamper. Kale—Spring, --a Bushel $1.35. Lettuce —California Iceberg. $6.50 a crate; homc-yrown leaf a bushel, $1.35. Mustard—A bushel. sl. Onions—lndiana vellow $2.25 ■ 100-lb bag: white. 50-lb. bag. $1.75. Parsley—Home-grown, doz. bunches. 45c Peas—Colorado. $8 a hamper. Peppers—Florida. $9 a crate. Potatoes—Wisconsin and Minnesota white. $4.50®4.75 a 160-lb. bag; Red River Ohios 120 lbs.. $4: Idaho Russets. $4. Radishes—Button, hothouse dozen 90c: Southern lone red. 15(*25c dozen. Sweet potatoes— Virginia Jersevs $4 a barrel; $2 a bushel: Indiana Jersey. $2.75 a bushel; Nancy Halls, $1.75 a hamper. Tomatoes —California. $3 a bag; hothouse. [email protected] a 8-lb. basket. Bu United Press CHICAGO. Dec. 3.—Apples per barrel, $5 @9.

In the Stock Market

(Bv Thomson & McKinnon) NEW YORK, Dec. 2.—Favorable developments, including among others the presidential message to congress, consumption of the tax reduction plan and probably more important than anything else, a bullish condition in our wheat market, will probably offset or obscure the slightly less favorable trade reports which may come to hand during the current week. We mention the wheat market as having possibiities not hitherto anticipated as increasing the purchasing power of a large section of the population. With the failure of the wheat crop in practically all other exporting countries, we are in an enviable position as the owners of the heaviest supplies from which the world must be fed. After all, actual wealth comes from the earth, and the conditions in the wheat market give great promise of taking up the slack lost in other sections of industry. Within the stock market wt are inclined to anticipate a continuance of investment rather than speculative buying, and this might well be directed toward the railroad shares, should the President touch upon consolidation plans in a constructive way. MRS. ‘SANTA* ARRIVES Airplane Brings in Mrs. Claus to Join Husband in WorkEager to be with her husband while he is in Indianapolis checking up on behavior of children, Mrs. Santa Claus made a hurried airplane trip from the north pole to Indianapolis Saturday. The flight was made in a Curtiss Robin monoplane piloted by R. L. Stephens, Curtiss-Wright- pilot. She was taken in the Curtiss taxi to the Feoples Outfitting Company, 133 West Washington street, where her husband, Santa Claus, is sojourning until Christmas. When not engaged in Christmas activities, Mr. and Mrs. Claus will be known as Mr. and Mrs. Eddie FZodaU* \

THE INDIANAPOLIS 'TIMES

New York Stocks (By Thomson <Ss McKinnon

—Dec. 2 • Prev. Railroad*— High. Low. 12:00. close Atchison 223 219 219 222% Atl Coast Line 179% Balt & 0hi0....117% 116% 116% 117% Canadian Pac ..198 198 198 201 Chesa & 0hi0...198% 198% 198% 197 Chesa Corp 59% 59 59 59% Baldwin 28% 27% 27% 27 Chi & N West.. 85 85 85 88 Chi Grt West.... 10 10 10 10 C R I & P 117% Del & Hudson.. 170 170 170 166% Del & Lacka 152 150% 150% 151% Erie 54% 53% 53% 54% Erie Ist pfd .... 63 63 63 64 Grt Nor 98 98 98 97 Gulf Mob & Oil 30Vi 111 Central 132% 132V* 132% . . Lehigh Valiev.. 72% 72% 72% 71 Kan City South 78Va 78% 78% 78% Lou & Nash 131 MK & T 37% 36% 37% 37% Mo Pac pfd.... 125 125 125 126 N Y Central ...176 174% 175 174% N Y C & 8t L. .123 122% 123 124% NY NH & H... 111% 110% 111% 110% Nor Pacific 91 91 91 91% Norfolk & West.23l 229 229 230 O & W 15 13 13 13% '■ Pennsylvania .. 82 80 80 82% i P & W Va. 93 Seab'd Air L 10% 10% 10% 11 Southern Ry ...134% 134 134 134% 'Southern Pac ..118% 118 118% 119 ISt Paul 22% 22% 22% 22% ISt Paul pfd,... 40% 39V* 39% 41% | St L & S W 60% St L & S F....111 110% 111 110% ! Texas <fc Pac ... 136 Union Pacific ..222 218 218 224% West Maryland.. 22% 19% 22% 18% Wabash 40% 40% 40% 40 West Pac ...... .. 20 Rubbers— Ajax 2% 2% 2%- 2% Fisk 4% 4% 4 Ve 4% Goodrich ...... 46 45% 43% 45 V* Goodyear 66% 66% 66% 66% Kellv-Spgfld .... 4% 4% 4% 4% Lee 6% 6% 6% 7 United States... 27% 26% 26% 26% Equipments— Am Car & Fdy. 85% 85 85% 86 Am Locomotive 109% 109 109 108% Am Steel Fd.... 48 47% 47% 48% Am Air Brake Sh 47% 47% 47% 47% Man Elec Sup.. 21% 20 21% 22% General Elec ...218% 215 217% 215% Gen Ry Signal.. 88V* 88% 88V* 87% Gen Am Tank.. 94% 91% 93 91%N Y Air Brake.. 43 43 43 43 Pressed Stl Car.. 10 10 10 10% Pullman 8% B’% 8% 80% Westingh Air B. 47'% 47Vi 47% 47% Westingh Elec ..135% 132% 134 133%, Steels— Am Roll Mills... 79 78% 78% 77% Bethlehem .... 90 88'% 89% 89% Colorado Fuel.. 32V* 32 32 32 Crucible 76 76 76 78% Gulf States Stl 46% Inland Steel .... 73% 73% 73% 74% Otis 33 32% 32% 32% Rep Iron & Stl.. 71% 7! 71% 71 Ludlum 31 30V* 31 29% Newton 47 47 47 U S steel 162% 160 160 162% Alloy 34 ,34 34 33% Warren Fdy .... 23% 22% 22% 23 Vanadium Corp.. 53% 50% 50% 52 Motors— Am Bosch Mag.. 32 31% 32 32% Briggs 13% 12% 12% 12% Brockway Mot 19% Chrysler Corp... 34 31% 33 35 Eaton Axle .... 27% 26 26 27% Graham Paige... 8% BV4 8% 8% Borg Warner 32 32 32 31 Vh Gabriel Snubbrs 6% 6% %% 6% General Motors.. 29% 38% 38% 39Vi Elec Stor Bat.. 78V* 75% 75% 71% Hudson 47% 46% 47 47 Hayes Bod Corp 8% 8% 8% 8 Hupp 21 19% 19% 20 Auburn 152 151 152 150 Mack Trucks.... 70'® 70% 70% 70 Marmon 23 Vi Reo 11% 11% 11% 11% Gardner 4% 4% 4% 4 Motor Wheel 26% 26% 26% ... Nash 52 51 51% ... Packard 14% 14% 14% 15% Peerless . . ... ... 11% Pierce Arrow. .. 19% 19% 19% 19% Studebaker Cor.. 43% 41 41% 42% Stew Warner.... 41% 41 41 41% Timken Bear... 72% 70% 70% 71 Vi Willys-Overland. 9% 9% 9% 9% Yellow Coach... 10% 10%, 10% 10% White Motor 33 32% 33 32% Mining— Am Smelt ft Rfg 72 70% 71% 70% Am Metals 43% 41% 24 42% Am Zinc 10 Anaconda Con... 78% 76% 76% 77% Calumet &*Ariz 90 90 90 89% Calumet & Hecla 32% 32% 32% 33% Cerro de Pasco 64 63% 63% 64 Dome Mines .... 7% 6% 7% ... Andes 34% 33% 33% 34 Granby Corp .. 54Vi 54% 54% 53% Greene Can Cop 24% 24% 24% ... Gt Nor Ore... , 23% Inspiration Cop 29% 28% 28% 28% Howe Sound.... 37% 37% 37% 37% Int Nickel 30% 29% 29% 30% Kennecott Cop.. 57% 56% 56% 67% Magma Cop ••• . .... 47% Miami Copper... 28% 28% 28% 28 Nev Cons 30Vi 30% 30% 47% Texas Gul Sul.. 57% 57% 57% 56% St Joe 47 46 47 47% U S Smelt 36% 36% 36% 36% Atlantic Rfg .. 41% 41% 41V* 41 Barnsdall (A).. 26% 25% 25% 25% Freepori-Texas.. 36 35% 35% 354* Houston Oil 49 49 49 47 Indp Oil Gas 24% 24% 24% 24% Oont’l Oil 27 26% 26% 26% Mid-Cont, Pet’-ol 28% 28% 28Vi 28% Lago Oil & Tr 22% Pan-Am Pet 8.. ... ... Jl Phillips Petrol .. 37% 37% 37% 38 Prairie Oil 56% 55% 56% 55% Union of Cal .. . 44% 44% 44% 44% Prairie Pipe .... 59% 59% 59% 58% Pure Oil 23% 23% ... 22% Roval Dutch ... 52% 52% 52% 52% Richfield 28% 28% 28% 29 Shell 23 Vi 23% 23>/2 24 Simms Petrol .. 23 Vi 23 Vi 23 Vi 23 Vs Sinclair Oil . 26% 26% 26% 26% Skellv Oil .... 33% 33 Vi 33% 33%) Std Oil Cal ... 62% 6: 62% 62 Std Oil N J .... 64% 6J% 63% 64 Std Oil N T .... 35Vi 35% 35V* 35% Tidewater 13% 13 13 V* 13% Texas Corp .... 56% 56% 56% 56 Texas C& O ... 11% 11% 11% 11% Transcout 8% 8% 8% 9 White Eagle .... 28% 28Vi 28% 28% Industrials— .. .... Allis Chalmers.. 46% 46% 46% 45V ? Allied Chemical. 247% 246 247 Vi 243% A M Byers 70% 68 , 68 , 68% Armour A 6% 6% 6% „ 6% Amer Can 113% 111% 111% 113 Am Safety Raz. 58% 57% 58% 57% Am Ice 37% 37% $7% 37V* *ssd Dry Goods 35 1 35% 35% 35 Bon Alum 42Vi 42% 42% 40% Coca-Cola ... .. 121 Conti Can ..... 51% 49% 49% 51 Certainteed .1 ... 14 Croslev 19 18% 19 19% Coneoleum ... 13% 13% 13% 13% Curtiss W .....’ 8% 8 8% 8% Davidson, (Them 29% 28V’* 28% 28% riu Pont 112% 110 110 111 Famous Players. 43% 48% 49% 50 Gen Asphalt .... 50% 50% 50% 50% ■pox A 54% 50 Vi 50 s * 56% GoM Dust 40% 40% 40VI 40% GUdden 35% 35% 35% 35 Tot Harvester.. 80% 79 79 81 Kelvin? tor 9% 9 9% 8% Lambert 191% 98% 98% 100% Loews 43% *1 42% *6 % M>xr Stores .... 58’/a 58 58 % 57 Koister 6 5% 6 6 ■srootgom Ward 57% 55% 55% 56% Natl C R 79 771/2 77% 76% Radio Ke’th .. 17% 16% 17% 17 Owens Bottle .. 55 Pad’o corp .... 35% 33% 34 35% Peal F’lk “8 47% 48 46% Rem Band .... 28% 27% 28Vi 29 So*rs-Poe*'”elc. . 977', 9S AS 94% Union CPtbide... 78% 77% 78% 77 Warner Bros ... 41% 40% 41% 42%

Indianapolis Stocks

—Dec. 2 . , Bid. Ask. Amer Cent Life Ins Cos 800 Belt R R & S Yds Cos com... 59 63Vi Belt R R & S Yds Cos pfd 54 60 Central Ind Pow Cos pfd 88 93 Circle Theater Cos com . * 105 Cities Service Cos com ..... 29Vi ... Cities Service Cos pfd 90 ... Citizens Gas Cos com 34 42 Citizens Gas Cos pfd 94 Commonwealth Loan Cos pfd.. 97 Equitable Secur Cos com 96Vi ... Hook Drue Cos common 44 4o Indiana Hotel Cos Clavpol com. 125 Indiana Hotel Cos pfd 100 Indpls Gas Cos common 56 ... Indpls Pow & Lt Cos pfd 99 lOOV2 Indpls Pub Well L Asn c0m.... 51 ... Indpls St Rlwy Cos pfd 27 30 Vi Indpls Water Cos pfd 94 ... Interst Pub Serv Cos pr 11 pfd 98 101 Merch Pub Utilities Cos pfd.... 100 Metro Loan Cos 97 North Ind Pub Serv Cos pfd.. 91 100 Northern Ind Serv Cos pfd 7% 9a Progress Lndrv Cos com 45 E Rauh & Sons Fertll Cos pfd 50 Real Silk Hosiery Cos pfd.... 90 Stand Oil Cos of Indiana .... 53V* 54 T H Indpls & Est. Tr Cos pfd.. 7 ... Ter Haute Tr & Lt Cos pfd... 80 ... Union Title Cos com 50 Van Camp Products Cos Ist pfd 98 Com Lon Cos pfd 7% 96'i ... Bobb’s Merrill 31 36 Shareholders Invest Cos 25V4 28Vi —BondsBid. Ask. B R R & Stks Yds Cos 4s 85 Bd Rip Trac Cos 5s 60 Cent Ind Gas Cos 5s 95 Cent Ind Pow Cos 6s 96 Citizens Gas Cos 5s 98Vi 101 Citizens Street Railroad 5s 47 52 Gary Street Ry Ist 5s TO Home T&Tof Ft Wayne 65. . 99 Indiana Hotel Cos 5s 96 Ind Northern Trac Cos 5s 3 ... Ind Railway & Light Cos 55... 95 Indiana Service Corpn 5s 85 Indpls Pow <sc Light Cos 5s 96 97 Vi Indiana Union Trac Cos 55.... 3 ... Indpls Col & So Trac 65.... 95 Indpls Gas Cos 5s 97Vi ... Indpls tc Martinsville Tr Cos 5s 12 Indpls No Trac Cos 5s 9 14 Indpls Street Rv 4s 45 50 Indpls Trac & Term Cos 5s 91 93*i Indnls Union Rv 5s 98'i 100 Ir.dpls Water Cos 5 Vis '53 100 Indpls Water Cos s>is ’54 100 Indpls Water Cos lien & ref Ist 92 Indpls Water Cos 4',-s 89 92 Indpls Water Wks Sec Cos 55... 80 Interstate Pub Serv Cos 4Vis ...10! Interstate Pub Serv Cos 5s 93 Interstate Pub Serv Cos B 6 Vis. 10? No Ind Teleph Cos 6s 97 99‘i Ter Ha Indpls & Estn Tr Cos 5s 52 Ter Hte Tr & LI Cos 5s 86 91 Union Tr of Ind Cos 6s 13 Ko lad Teleph Cos CVis 951* Ml*

Un Air Craft ... 41% 40V* 40% 40% Untv Pipe 4 4 4 4 ÜBCs Ir Pipe.. 19 19 19 19Vi U S Indus A1c0.139% 137% 138% 136% Worthington Pu. 71% 70% 71Vj 70 Woolworth Cos .. 76% 75% 75% 76% U S Leather.... 9% 9% 9% ... Utllltie*— Am Tel & Te1...223% 222% 222% 223 Am Pr &Lt 82% 81% 81% 83% Eng Pub Serv... 39 38% 38% 39% AOl For Power... 74% 73’* 74 72% Am Wat Wks ... 80% 80% 80% 79’, Gen Pub Serv... 32 31% 32 32% Col & <St E 71% 70 70% 69% Consol Gas 98% 96% 96% 96’* Elec POW & Lt.. 44 41% 41V* 42 Int TANARUS& T 71% 69% 71 70% Nor Am Cos 91% 90% 90% 89% Pac Light 73 73% 72% 72% Pub Serv N J ... 78% 77% 77% 78% £0 Cal Edison .. 56V* 55% 56% 55% Std Gas &El ...112 109’a 109% 109 * United Corp ... 30% 29% 30 31 Utilities Power. 32% 32% 32% ... United G & Imp 30 29% 29% 29% West Union Tel 185 Shipping— Am Int! Corp... 38V* 37’i 38V* 38% Atl Gulf &W I. 76% 75% 76 72% Inti Mer M pfd. 26% 26% 26% 26 United Fruit 107% 107% 107’,* 107% Foods— _ Am Sag Rfg.... 63 63 63 60-* Cudahy Pkg ... 45% 44% 44% 45Vs Beechnut Pkg... 63 63 63 ... California Pkg.. 69% 69% 69’% 69% Canada Dry .... 66 65 65 65% Corn Products.. 91 88% 91 88% Cont Bak A 38V4 38% 38>% 37 Cuban Am Sug.. 8 7% 7% 8 Hershey 68% 68% 68% 68 Grand'Unipn ... 13 s , 13Vi 13% 13% Grand Union pfd 34% 34% 34% 34% Jewel Tea 48% Kraft Cheese ... 35% Kroger 52 51 V* 51 ’/* 50% Loose Wile? 52% 52 52 51V a Natl Biscuit ....180% 180 180 180% Natl Dairy 52% 51 Vi 52% 51% Gen Foods 52V* 49% 50 50 Lott 4% 4% 4% 614 Stand Brands .. 27% 27% 27% 27% Ward Baking B. 6% 6 8 6’,' a Tobaccos— Am Sumtra ... 23% Am Tob B 201 200 % 201 200 Con Cigars 45% 44 44 45% General Cigar... 53% 53% 53-4 ... Lig & Meyers... 91% 91% 91% 91 Lorillard 18^, a 17% 17% 18 R J Reynolds... 49% 48% 48V* 47% Tob Products B 4% 4% 4% 4% Schulte Ret Strs BVi 8 B’/ a 8 United Cigar St. 5% 5% 5% 5% TIME BUYING TO LIFT SLUMP IN AUTO INDUSTRY Market Crash Did Not Stop Purchases, But Boosts Installment Plan. By United Press DETROIT, Dec. 2.—The depression created by the stock market crash continued foremost in the minds of automotive leaders last week. Sales managers were looking to installment buying to relieve the situation. The public will not seriously curtail its buying of motor cars, they believe, but more people will take advantage of deferred payment plans. Leaders continued to discount possibility of any serious and continued roll in. President Hoover’s conferences with captains of industry did much to prompt an optimistic sentiment. “Installment selling, with the financing of automobile purchases on the time payment plan as its largest single item is one of the factors expected to come to the rescue in the present business depression,” Automotive industries will say this week. “Many of those hit by the stock market now will buy on installments instead of paying cash, which should assure, if not stimulate, volume sales of automobiles in 1930.” Many automobile plants are shut down for inventory and a numbef of others devoting a large part of their attention toward getting new models into production. It is doubtful if the total passenger car and truck production for the United States and Canada this month will equal that of November, 1928, when 268,909 passenger cars and trucks were turned out.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Monday Dec. 2, $4,165,000; debits, $10,526,000. CHICAGO STATEMENT Bu United Press CHICAGO, Dec. 2.—Bank clearings, $121,700,000; balances, $7,800,000. NEW YORK STATEMENT By United Press NEW YORK, Dec. 20.—Bank clearings, $1,074,000,000; clearing house balance, $185,000,000; federal reserve bank credit balance, $137,000,000. TREASURY STATEMENT By United Press WASHINGTON, Dec. 2.—The treasury net balance Nov. 29, $125,797,871.75; custom receipts for the month to Nov. 29 were, $443,736,799.24.

69 ARE RESCUED IN HOSPITAL BLAZE

Bu United Pres^ NEWARK, N. J., Dec. 2.—Sixtynine imates of the hospital and home for crippled children were rescued early today when a fire in the X-ray room of the institution spread deadly fumes through the building. Dr. George Osama, an interne, discovered the fumes coming from the X-ray room shortly after midnight. He fought the flames with a hand fire extinguisher momentarily, out, when he was almost overcome, notified the fire department and quietly spread an alarm throughout the nstituticn. Attaches of the hospital quickly began an orderly transfer of the children, ranging in age from 4 months to 15 years, to a recently evacuated building adjoining the hospital. Fire appartus approached the vicinity of the hospital quietly in orPHONE RATES ARE CUT Long Distance Kate 56 to 318 Miles Distant Is Slashed. Reduction of long distance telephone rates, affecting, principally, station-to-station calls to cities from 56 to 318 miles distant, has been announced by C. H. Rottger, Indiana Bell Telephone Company president. Three-minute calls within . this radius are reduced 5 to 10 lents. After the first ten minutes, person-to-person calls are lowered 20 to 30 per cent. Calls to points approximately 100 to 2,200 miles distant are reduced from 6 to 40 cents.

CONSTRUCTION WILL BE HELP TO INDUSTRIES Auto Production Expected to Be Stimulated by New Models. BY RICHARD L. GRIDLEY United Press Financial Editor NEW YORK, Dec. 2.—Expectations of new construction programs in the United States during tlje coming year approximating $10,000,000.000 have obscured depressing influences in the business situation during the past week, according to reports from various federal reserve centers. Remarkable stability in trade is reported in several districts, while slight recessions in others are described as a natural result of the record-breaking pace of mid summer. In most quarters, the effects of the recent stock market break are minimized. . Steel Leads Industry Attention of the business world during the past week has been again centered on President Hoover’s business conferences at the White House. Utility leaders expressed their opinion of the sound condition of the nation’s business by announcement of 1930 construction programs totaling nearly $2,000,000,000. It was pointed out that leaders in this industry have no fear of a trade recession during the coming year, notwithstanding reduced activity in both the automobile and steel Industries at the present time. A further slight decrease in loading of revenue freight car loads in the week of Nov. 16, a holiday week, was largely expected. About the only sources of anxiety at the present time are the automobile and steel industries. Activity in the former is below a year ago due to new model changes and inventory taking at an earlier period than last year, while the steel industry is experiencing a seasonal slackening following record-break-ing activity. Automobile production is expected to be stimulated by the coming winter showing of new models. Retail Trade Normal Offsetting the lower activity In the heavV industries, retail trade in nearly every section of the country is,reported as well up to expectations and building operations are receiving impetus from the large release of credit from the stock market. About the only sections adversely affected by the depression in steel and automobile industries are western Pennsylvania and eastern Ohio. Further evidence of a return to normal on the Stock Exchange is evidenced by action of the Stock Exchange authorities in announcing a reopening of the exchange next week for the full five-hour session. Trading has dwindled down to the mid-summer activity and further unsettlement in business from this quarter is not expected. Most of the agricultural districts have been unaffected by the stock market slump in the opinion of most observers and employment in this industry seems destined to continue. Further aid to agriculture may be expected in possible reductions of rediscount rates in those districts to bring them in line with the 4% per cent rediscount rates at New York, Chicago and Boston. Brokerage Loans Reduced So far no noticeable firming up in money rates has taken place due to the approaching holiday demand. Call money continues in good supply in New York at 4Va per cent and time rates show further easement. Brokerage loans have been reduced to the lowest levels in nearly two years. Retail trade has gained remarkable stimulus from cooler weather and development of extensive Christmas buying. Merchants in most sections of the country anticipate a record Christmas trade despite a possible falling off of luxury demand. The radio industry, which was expected to be adversely affected by a reduction of purchasing power, is reported as operating at capacity to fill fall demand for sets. Prices on these products also are showing remarkable stability.

der to avert a panic among the children. When they arrived the' staff of ten nurses and internes had transferred all of the patients. There was no excitement during the orderly rescue work. Firemen were driven from the building until they donned gas masks. The blaze was extinguished quickly and hospital attaches declared damage to the building was slight, although valuable records were riflned and costly apparatus in the X-ray room was destroyed. LAWRENCE BECOMES INCORPORATED TOWN New Municipality to Elect Trustees; Three Wards Marked Out. Marion county today had within its boundaries another incorporated town, that of Lawrence, whose citizens by a vote of 174 to 149 Saturday decided to assume the burdens of a municipality. Five town trustees will be elected Dec. 14. They in turn will appoint a town marshal and other officials. Movement to incorporate the town and so make it possible to have improved streets, adequate sewage facilities and street lighting was launched a few weeks ago and a petition was circulated calling for an election. Charles Mowrey, Miles Staley and Homer Wheeler were in charge of the polls. The community was divided into three

Prize Corn

Seven perfectly marked ears of com brought Evelyn Clark (above) first prize at the recent stock and grain show held near Omaha. Thirty-two different colors are displayed in the corn kernels of the seven ears. Miss Clark, formerly of Albany, N. Y., lives with her family on a farm about thirty miles from Omaha. The corn was grown on the family farm.

The City in Brief

TUESDAY EVENTS American Legion past-commander* dinner, Spink-Arms. Rotary Club dinner, Claypool. Smoke Abatement League meeting. Deiiison. Gyro Club luncheon, Spink-Arro*. Mercator Club luncheon, Columbia Club. Purchasing Agent*’ Association luncheon. Sevcrin. American Chemical Society lunchenn. Chamber of Commerce. Unversal Club luncheon, Columbia Club. Phi Gamma Delta luncheon, Chamber of Commerce. University of Mehigan alumni luncheon, Lincoln. Exchange Club of North Indianapolis luncheon, 3810 College avenue. Alliance Francaise luncheon. SptnksIndlanapolis Medical Society dinner, Athenaeum. . Hoosier Association of Finance Companies, Lincoln. The Indianapolis chapter of the American Society for Steel Treating will hear an address by C. K Hellenberg, New York, at tonight’s dinner meeting at the Chamber of Commerce. The meeting is open to the public. , The Rev. Joshua Stanfield, former pastor of Meridian Street Methodist Episcopal church, visited his old parish Sunday. He gave an address at the Sunday morning service. Mr. Stansfield now is pastor of a church at St. Clair, Mich. Bovs attending the boys’ meeting at the Y. M. C. A. Sunday were told by E. J. Rood, former Boy Scout executive of Anderson, that a boys’ biggest asset is a praying mother. Civil service vacancies announced by Henry M. Trimpe, local secretary, include: Senior medical officer junior medial officer, associate live-v stock .and meat technologist, chief photographer, physical chemist, junior engineer and principal editorial clerL. Drill team members of Central camp, Royal Neighbors of America, will be entertained tonight at the home of Mrs. Anna Jones, 1214 West Nineteenth street. A business session will be held. AL SMITH HEADS BANK Former Governor Replaces Riordan W’ith County Trust of New York. Bu United Press NEW YORK, Dec. 2.—Former Governor Alfred E. Smith has been elected chairman of the board of directors of the County Trust Company and will assume the powers and duties of president, an office vacant since the suicide of James J. Riordan early this month.

DIVIDEND NOTICE Utilities Power & Light Corporation 1% Cumulative Preferred Stock The Boird of Director* of Utilitiei Power h Light Corpomiou at a meetiac Wd this day declared a quarterly dividend for trie period ending December I*• 19**. Dollar and Seventy-five Cents (sl.7 s) per share upon the outstanding Preferred beoca of the Corporation, payable January I, 1930, to stockholder* of record a* $• clo* m business December 7. 19*9Class A Stock A quarterly dividend for the period ending December 31, 1929, of Fifty Cm* Jl**) per share on the Class A Stock also was declared, payable January *, 1930. to ttocUmdma of record at the dose of business December 7, >9*9Under the resolution of the Directors, the holders of fins A Stock ks the right and option to accept, in lieu of their cash dividend, additional Class A Stock at the ray of one-fortieth of a share for each share of Class A Stock standing of record ■■ then respective names at the close of bus ness on December 7, t9*9- UnleM by tM dose business December iS, 1929, the stockholder advises the Corporation tbat he dynes ht* dividend in cash, the Corporation will send to him on January *. 1939. two •oditiemai stock (or scrip for fractional shares) to which be is entitled. Class B Stock A quarterly dividend for the period ending December 31. 19*9. of Tweety-five Cents per share on the Class B Stock waa also declared, payable Janoary t r*JO> *• stockholders of record at the close of business December 7, 19*9. Under the resolution of the Directors, the holders of Class B Stock have the right end option to accept, in lieu of their cash dividend. Common Stock of the Cor iteration et the rate of one-lortieth of a share for each share of Class B Stock standing m rveocn in their respective names at the dose of business on December 7, 19*9- Lnle*a by the close of business December 18, 10*9, the stockholder advis the Corporation that he desires his dividend in cash, the Corporation w.ll send to him on January *> t*JO> the additional stock (or scrip for fractional shares) to which he is entitled. Common Stock A quarterly dividend for the period ending December 31, 19*9, f Tmsnry Ive Cents per share on the Common Stock was alto declared, payable January a. 193 c. *• agockholders of record at the dose of business December 7, 19*9Under the resolution of the Directors, the holders of Common Stock hay the right and option to accept, in lieu of their cash dividend, Common Stock of the Corporation at the rate of one-fortieth of a share for each share of Common Stock standing of reogrd in their respective names at the close of business on December 7. 19*9- L’nlsts by the close of bonnes* December |B, 1019, the stockholder advises the Corporation that ho desires fcn dividend in cash, the Corporation will send to him on January * I9J. ■* additional stock (or scrip for fractional shares) to which be is entitled. H. L. CLARKE, Bnndewt. Ckuato. IU.. Notcmier 29, 1929. '*

PAGE 17

FOX FILM OFF 6 POINTS AFTER EARLYTRADING United States Steel (s Bullish Element in Stock Market.

Average Stock Prices

Average of twenty tnductrlal* for Saturday was 238 95 up 3 60. Average of twenty rails was 145.89. up 3 29. Average of forty bonds was 94.05. up .I*. By United Press NEW YORK, Dec. 2.—A severe ■ break in amusement stocks featured irregular movements on the Stock Exchange in today’s morning trading. Fox Film A broke to anew low on the movement, with a loss of , more than six points and Loew’s sold off 5 points and recovered 2. Trading was slightly more active i than Wednesday, the last previous market session. Sales In the first half hour totaled 404,400 shares, compared with 365.300 in the same period Wednesday. Tickers ran behind for a few minutes, but quickly caught up with the market and near noon were even with the trading. A long list of issues eased off fractionally and many others advanced. Opening irregular with the majority of sticks higher, the market eased off in the first, half hour. There wavs nothing in the news to acount for the selling, but no development occurred that would shake the list out of its lethargy. Steel Below 160 Action of United States Steel was discouraging to the bullish element. The stock opened fractionally lower, rallied sightly and then broke beow 160, The remainder of the list also had rallied with steel, but when the issue broke toward noon, further selling orders came into the other leaders. General Motors opened higher, but later lost its gain and went below the previous close. A few groups, notably the oils and rails, moved into higher ground. Mail order shares were strong in the early trading on the news that Montgomery-Ward sales for November had set a record for that mont;h. Among the rails. Western Maryland featured with a rise of more than 4 points. Baltimore & Ohio and Missouri-Kansas-Texas were also in demand. Pennsylvania continued under pressure in evidence last Wednesday. Standard Oil of New Jersey held around the previous close, while small gains were made by Standard of New York. Texas Corporation and Atlantic Refining. Utilities Strong Utilities were strong for the first hour, but they, toq, met realizing selling that brought prices to around the previous close. Copper stocks declined after early steadiness. Columbia Graphophone was an r r ive favorite turning over in large .ounts on what was said to be j pool operations. The stock made a ; new high on the present movement ‘ after opening fractionally above the i previous close on a block of 10,000 shares. Leaders like General Motors, General Electric, Jones Manville and Westinghouse were brought down from their initial levels. Radio Corporation moved up more than a point on renewed support by a powerful group. RAILROAD MAN TO TALK Strouse Will Address Traveler's Aid Society Meeting. Frank E. Strouse of Chicago. Pennsylvania railroad representative, will speak on, "The Railroads and the Travelers’ Aid," at the annual meeting of the Indianapolis Travelers’ Aid Society in the Columbia Club tonight. Other speakers will include David Liggett, executive secretary of the Indianapolis Community Fund, and Mrs. M. Grace Amorosi, executive secretary of the Indianapolis Travelers’ Aid Society. Shells Fired in Pocket BU United Press COLUMBUS, Ind., Dec. J. Slugs from a shotgun fired by friends at a rabbit struck W. B. Goins, 39, while hunting and set off shotgun shells in Goins' pocket, wounding him severely. The friend* who did the firing were Halford Taylor and Bryson Schultz, both of Bartholomew county. Goins is In a hospital here as a result of the accident.