Indianapolis Times, Volume 41, Number 188, Indianapolis, Marion County, 17 December 1929 — Page 16

PAGE 16

STOCK TRADE DULLEST SINCE MID-SUMMER Strength in Steel Shares Give Issues Strong Undertone.

Average Stock Prices

Average of twenty Industrials for Monday was 245.88 off 7.14. Average of twenty rails was 149 59. off 2.15. Average of forty bonds was 94.04. off .8. Bu Unite 4 Press NEW YORK, Dec. 17.—Lifting of heavy professional selling pressure and a moderate display of strength in the steel shares resulted in a slightly better tone on the Stock Exchange today, but prices of leading issues continued to fluctuate nervously in a narrow trading range. Bearish professionals, who had put large short lines in the previous session, grew discouraged over the indisposition of the market to turn weak and withdrew temporarily from the market. At the same time, bullish leaders were cautious and preferred to let the market alone for the time being. This tendency on the part of the professional element made for exceedingly quiet trading and price changes were generally highly insignificant. The pool in radio was active again, but lost heart after the stock had been bid up more than a point from the opening. Stock Trading Light United States Steel, Bethlehem, Central Alloy and Republic engaged in a half-hearted demonstration in the morning trading, but these issues, too, attracted little following, notwithstanding unconfirmed reports of the formation of a huge eastern Ohio steel combine. American and Foreign Power, American Can, General Electric, General Motors, Westinghouse, Chrysler and other leaders, while slightly higher, did not move far out of a 2-point trading range. Merchandising issues were the only weak spots, May Department, Sears, Roebuck and Montgomery-Ward continuing in heavy buying. Some attempts were made to stimulate buying of the cheaper merger rails by a burst of strength in the Great Eastern issues and in Missourl-Kansas -Texas, but these, too, met with complete failure. Dealings were the dullest seen since mid-summer, even Monday's light turnover appearing large in comparison. For long periods of time during the first two hours of trading, tickers stood idle and board room attendance dwindled.

Call Money Firm There was little in the news to move prices in either direction. Call money was firmer in anticipation of the expected heavy demand for funds over the holiday, but this development had been amply discounted beforehand. Alfred P. Sloan Jr., president of General Motors Corporation, made optimistic comments on the industry, but they went unnoticed. The condition statement of the member banks of the Federal Reserve system for the week ended Dec. 11 was also favorable, the banks showing further progress in reducing bank loans on securities. Toward noon slight advancing tendencies were noted in the main body of stocks following an advance in Steel common to 169, up more than 2 points from its previous closing, but this improvement met stiff resistance. Petroleum shares appeared on the tape in increasing volume in the early afternoon and trading at, the start, of the third hour was featured by brisk advances in leading oil shares like Standard Oil of New York and New Jersey, and Pure OU. Strength In these oils stimulated moderate buying of leading industrials.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Tuesday Dec. 17. $3,983,000; debits, $9,644,000. CHICAGO STATEMENT fi:t United Press CHICAGO. Dec. 17. Bank clearings $138,100,000; balances $16,100,000. NEW TORK STATEMENT Bu United Press NEW YORK. Dec. 17.—Bank cleatlnßS *2 100.000.000: clearing house balance $254 000 OOO: Federal Reserve bank credit balance $340,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. Dec. 17—Treasury net balance on Dec. 14, was $49,337,758.49. customs receipts for the month to the same date totalled $30,745,856 86.

On Commission Row

FRUITS Apples— Delicious, box extra fancy. $3 40 : choice. $322,25: Jonathans. $2."5: Grimes Golden. *3.25: New York Duchess $2,252 2.50; Gravensteln. $3; Wolf River. $2.50: Staymen Box. *2.75. Cranberries^—*4 a 25-lb. box: $8.25 a 50-lb. box. Grapefruit—Florida. $6.5027. Grapes—California, seedless $3.50 a crate: Emperor. $2.505'!.75 a crate. Lemons—California, a crate. 813.50014 Strawberries—sl.3s a auart. Tangerines—s3 50 a crate. VEGETABLES. Beans—Florida $4.7505 a hamper. Beets—Home-erown do*. 40c Carrots—California, crate. $3.50. Cabbaee—s3 50 a barret Celery—Michigan 90c: Idaho. $1.35 • doxen bunches. . „ Cauliflower—Coloraoo. crate. $3. Cucumbers—Florida. $7 a crate. Eggplant—s3.so a dozen: $6 a hamper. Kale—Spring, a bushel sl.3s. Lettuce—California Iceberg. $6 50 a crate; home-grown leaf a bushel. $1.65. Mustard—A bushel. sl. Onions —Indiana vellow $2.35 a 100-lb iae: white. 50-lb bag. sl.7s. Parsley—Home-erown dor bunches 45c Peas—California. $8 a hamper. Peppers—Florida $9 a crate Potatoes- Wisconsin and Minnesota whit*. 54.5054.75 a 160-lb. bag: Red River Ohios 120 lbs. $3.90: Idaho Russets. $4. Radishes—Button hothouse dozen 90c Southern lone red. 15225 c dozen Sweet potatoes—lndiana Jersey. $2.75 a bushel. No. 2. $1.65 a bushel: Nancy Balls $2 a hamper. . , Tomatoes—California. $3 a bag: bothouse. $1 85 a 8-lb. basket. Bu United Pres* CHICAGO. Dec. 17.—Apples per barrel, $599. HEW YORK COFFEE RANGE High. Low. Close. January 7.71 7.71 7.71 March 7.50 7.50 7.50 May 7.35 7.35 7.35 July 7.37 7.37 7.37 September : 7.30 T. 30 7.30 December 8.15 $.15 5.15 A

New York Stocks """ 1 1,1 (By Thomson St McKinnon ——————

—Dec. 17— Prev. Railroad.— High. Low. 12:00. close. Atchison 227 226'i 226 U 226*2 Atl Coast Line 175 Balt it Ohio./..117 116 117 117 Canadian Pac ..194% 19314 194% 194*2 Chesa it 0hi0..211 211 211 209 Chrsa Corp 65*4 64*4 65 65 Baldwin 30*4 29% 29% 29*. Chi it N West.. 87*♦ 87*4 87*4 87% Chi Grt West.. 16% 15V* 16 IS*.a C R I & P 120 Del it Hudson..l73 173 173 175 Erie 63% 61*4 63 61*4 Erie Ist pfd 62 62 62 61% Grt Nor 99*4 99*4 99*4 100 Gulf Mob & Oil 40’a 404 404 38*4 111 Central 129*2 Lehigh Valley 78% Kan City South 84*/ 4 84 84 83*2 Lou St Nash 6 ... 1341* Minn 8 L 144 1% I*4 ... M K it T 52 48 * a 51 49 4 Mo Pac pfd... .139*4 1374 139 4 138*,a N Y Central 177 1754 175 4 175 N y C it St L 135 NY NH & H 1154 1124 1154 113*4 Nor Pacific 92 91 91 9214 Norfolk ft West 230 Oit W 16*4 16*4 16*4 16*4 Pennsylvania.... 81 804 81 81 Peora & East , 2014 P & W Va 124 124 124 124 Pere Marq 166 166 166 ... Seabd Air L 10% 10% 10*4 11 Southern Rv ..136 135 136 136% Southern Pac ..123 123 123 123 St Paul 28-% 26*4 26% 25 St Paul pfd ... 49 47% 47% 47% St L it 8 W 69*4 67*2 68 70 St l ft S F 110% 110% 110% 112 Texas & Pac ..129 129 129 1294 Union Pacific ..215% 315% 215% 2154 West Maryland 30% 28% 30% 29% Wabash 61’a 60 61 60 West Pac 29 Rubbers— Ala* 2 2 2 2 Fisk 3% 3*4 3*4 3% Goodyear 65% 69 Vs 69% 70% Kelly -Spgfld ... 4*4 4 4 4 Lee ... ... 6% United States .. 284 28 28 28 Equipments— Am Car & Fdy.. 83% 83 83 83% Am Locomotive 103 103 103 102 *4 Am Steel Fd .. 46 45% 45% 42 Am Air Brake Sh .. ... ... 47*4 Man Elec Sup.. 28 27*4 27% 28% General Elec ..232 229 2314 229% Gen Rv Signal.. 87*4 87 87*4 894 Gen Am Tank.. 99% 98 98*4 98% N Y Air Brake 43% Pressed Stl Car 94 Pullman 85 85 85 84% Westingh Air B. . 46*4 46% 46*4 46 Westnigh Elec ..1354 133 134*4 133

Steels— Am Roll Mills.. 86*4 84 86 85% Bethlehem ....131% 91% 92 914 Colorado Fuel .. 34% 33% 34% 34 Crucible 78% 78% 78% 81 Gulf States Stl ... 53% Inland Steel .... 74 73% 74 Otis 33*4 334 33*4 ••• Rep Iron & Stl.. 83 SO * 2 82 80*4 i Ludlum 35 344 35 34 1 Newton 40% 40 V* 40% 43 U S steel 169 166*4 167’* 166% Alloy 35*4 35 V* 35% 35 Warren Fdy 25 Youngstwn St’ ... ... 110 Vanadium Corp 53% 53*4 53*4 64% Motors— Am Bosch Mag.. 43*; 42% 43% 43 Briggs 16% 16% 16*4 16% Brockway Mot.. 21% 21 21 20% Chrysler Corp.. 36*4 35% 354 36 Eaton Axle 28 4 28 % 23% 27*4 Graham Paige.. 11 10% 11 11 Borg Warner 35*4 Gabriel Snubbrs 6*4 6*4 6% 6% General Motors. 41% 40% 41 41 Elec Stor Bat.. 83*4 83 83 84 Hudson 53% 53 53% 63 Hayes Bod Corp 10 9 10 9% Hupp 2i*4 21*4 21 *4 21% Auburn 2004 200 200*4 201 Mack Trucks /2)% Marmon ....... 26*.-> 26 26*4 26*4 Reo 11% 11% 11% 12 Gardner 4% 4% 4% 4% Motor Wheel ... ... , ?7 Nash 54% 52% 34% a3 * Packard 16U 15% 16 lo * Peerless ... . •. 6% St.udebaker Cor 43% 42% 43 43.2 Stew Warner ... 40% 404 404 40/a Timken Bear.. 75 73 % 73% i3 Willys-Overld.... 9 8% 9 9 Yellow Coach... 15% 14% 14V* 14 <* White Motor. .. .. ... ... 33 * Mining— __ Am Smelt & LUg 73*4 .2 i3 4 72/a Am Metals 47 46% 4v J'Vs Am Zinc 10 10 10 10 Anaconda Cop. . 79 77% ‘<% *8 2 Calumet & Ariz 89** 89% 89% 89 * Calumet & Hecla 31% 31% 31,2 31 a Cerro de Pasco.. 63 62 4 62% 81 * Dome Mines 7% 7Vi 7/* j/* Andes ... • • • 4 Granby Corp 2?, Gt Nor Ore Inspiration Cop . • , ••• 3 4 a Howe Sound... 33 38 * 39 38 * Jnt Nickel 30% 30% 30 a 30 * Kennecott Cop.. 58% 57% §8 5/a Magma Cop 62% 52% j>2 a Miami Copper.. 28 s 28 28 -9 Nev Cor.s 31% 30% 31 30% Texas Gul Sul.. 56Vs oo 7 s 55 a 551^ U S < Smeit. 36 36 36 36 V'* Atlantic Rfg.... 40% 40 JO 40 Barnsdah <A).. 2o 2 25% 2o * 25,2 Freeport-Texas.. 34% 34% 34.a 35 Houston Oil .... 59 a, % 58 a 574 Indp Oil & Gas. 23% 23% 23 s 23 * SS&S’iwa: rv! 37vj %£ Pan-Am*’ Pet 584 58% *58% 58 p?lm> o*f ™.‘.\ 65% % f l I* Union of Cal ... 40 46 46 46 Fure Oil 24 23% 24 24 Prairie Pipe ... 58% 58% aB% eB% Roval Dutch ... 52% 52% 52 2 < Richfield „ 28% 27% 28% 2/% Shell 23% 23’a 23* s 23% Sinclair Oil .... 27% 25% 25% 20% Skelly Oil 32% 324 32% 32 a Std Oil Cal ... 65’i 64% 65,a 62 Std Oil N J ... 62% 61% 62 64 * Std Oil N Y .... 34% 33% 34 34 * Tidewater 12% 12% 12% 12 ns Transcontl 9 8% 9 B,a White Eagle ... .. Allis Chalmers.. 51V* 51 51% 51/* Allied Chemical 260 260 260 265 A M Bvers 90’ 2 87% 90% 89% Armour A 6% 6% 6% f < Amer Can 116 114*/g 114 a 114 ’* Am Rolling Mill . . ... ••• , 85-* Alleghanev Corp 27'/a 26', -1 a•••.. Am Safety Raz. .. • ••, 3 * 2 Assd Dr Goods 30’ 2 29-a 29% 31 Bon Alum 5J% 5* a 54 ,2 55 Conti Cen 51% 51% 51% 52 Certainteed -2: 2: 2 Croslev 24% 24 24 *4 Congoleum .... 14'a 13_. 14 a 14 Curtiss 7% is 7 a Davidson Chem. .. • ••• Du Pont lla** 114 114 113 Famous Players 49% 49% 49% 5<%; Gen Asphalt 51% 0 51 5<L ? FOX A 39 37*4 38 38% Gold Dust 40% 40% 40% 39% Gltdden 34*s 34% 34% 34% Xnt Harvester.. 79 78% 49 39 Kelvtnator 8 8 8 8% Lambert ....... 99*2 98’a 98’a 101 1 Link Belt 4040 40— Loews ......... 46% 45% 46% 46% May Stores 56% 54% 54% 54% Kolster 6*4 6 6 6*4 Montgom Ward. 58% 57% 57% 58 a Nat! CR- .’ 74% 74% 74% '4% Radio Keith .... 19% 19Va 19*/a 19% Owens Bottle •••., 55-4 Radio Corp 43*4 42 43% 42% Real Silk 49% 49 49 49% Rem Rand 28% 28 28% ,28*4 Sears-Roebuck ..162% 100% 102% 101 % Union Carbide . 78% 76% 78% 77 Warner Bros .. 41% 41% 41% 42

Produce Markets

Eggs (County Runi— Loss oS delivered In Indianapolis. 46c; henery Quality. No. 1. 54c: No. 2,32244 c. . Poultry (Buving Prices)—Hens weighing 4 1 -a lbs. or over. 23c: under 4Vi lbs.. 20c: Leghorn hens. 17: springers. 5 lbs. or over. 21c: under 5 lbs . 18c: Leghorn, spring 15c stags. 15c: cocks. 12@14c: turkeys, young hens. fat. 22c: young toms. fat. 22c; old hens. fat. 16c: old loins fat. 15c; ducks, full feathered, white, fat. 13c; geese, full feathered, fat. 12c. These price are for No 1 top Qualltp. poultry auoted by K Butter (wholesole) —No. 1. 44@45c: No. 2. 42'-? 43c. Butterfat—3B®39c. Cheese (wholesale selling rice per pound) —American loaf 55c: pimento loaf. 37c: Wisconsin firsts. 27c: Longhorn. 27c: New York limberger. 30c. Bu United Pres* CHICAGO. Dec. 17. Eggs Market easier; receipts. 3.084 cases: extra firsts. 51253 c: firsts. 46848 c; ordinaries. 37?ic; seconds. 28-T3SC. Butter—Market steady; receipts. 10.484 tubs: extras. 27c; extra firsts. 35&36c; firsts. 33@34Vac; seconds. 12232 c;1 1 2232 c; standards. 36'jC. Poultry Market firm; receipts. 8 cars: fowls. 22c; springs. 20c: Leghorns. 17c; ducks. 19c; geese. 18220 c; turkeys. 25c: roosters. 25c; roosters. 17c. Cheese—Twins. 21 ! i222c: young Americas. 24c Potatoes—On track. 251: arrivals. 108; shipments. 461: market weak: Wisconsin sacked round whites, $2.25512.40; Minnesota and North Dakota sacked round whites. $2.1022.25; Idaho sacked russets. $2.7082.90. Bv United Press NEW YORK. Dec. 17—Flour—Quiet; spring patents. $6 4026.80. Pork—Easier; mess, $27.50 Lard—Steady; middle west, spot. $10.60210.70 Tallow—Quiet: special to extra. 7H@77c. Potatoes—Quiet and steady; Long Island. $2.5026.25; Maine. $3 85'?5: Bermuda. $5212.50. Sweet potatoes—Firm; southern baskets. 75c® 1.50: southern barrels. $2.50(82-75; Jersey. 60c •? $2 25. Dressed poultry—Steady and quiet: turkeys. 20240 c; chickens. 20 2 40c: capons, 272 46c: fowls. 20 2 35c: ducks. 17 6 28c: ducks. Long Island. 23 2 26c. Live poultry—Quiet: geese. 15225 c: ducks. 13 2 24c: fowls. 15225 c: turkeys. 20 2 32c: roosters. 14215 c; chickens. 15225 c; broilers. 22 ©3sc. Cheese—Quiet: state whole milk, fancy to special, 26226’2C; young Americas. 222 25c. Bn T~fitted Press CLEVELAND. Dec. 17—Butter—Extras. 41c: extra firsts, 392 40c: seconds. 33© 32‘jC. Eggs—Extras. 53c: firsts, 47c. .Poultry—Fowls. 27c: medium. 24c: springers. 24c: Leghorns. 15220 c: thin springers. 15 218 c: Leghorn springers. 182 20c: ducks, 202 23c: old cocks. 18c: geese, 30c; turkeys. 30©33c. Potatoes —Ohio and New York. $4.1024.15 150-lb sack: Maine Green Mountain, $4.40 150-lb sack: Idaho Russet. [email protected] 100-lb. sack; home grown, $1.8091.65 bushel sack.

Un Air Craft ... 47% 45% 47*4 45% Univ Pipe 3% 3% 34* 3% USCs Ir Pipe.. 19% 18% 19% !9% U S Indus A1c0.136 134 135 135 Woolworth Cos.. 75 74% 74% 76 Worthington Ju. .. 72*/* Utilities— Am Tel St Te1..217% 216% 217% 218 Am Pr it Lt .... 79% 78% 79V* 79% Eng Pub Serv 39 Am For Power.. 91% 88 90 90 Am Wat Wts. .. 83% 87% 88% 87% Gen Pub Sebv... 32% 31% 31% 34% Col Git E 72% 70% 70% 71% Consol Gas .... 95% 93% 95 94*4 Elec Pow & Lt. 46% 45*4 46% 45% Int T & T .. .. 75 74% 74% 77% Nor Am Cos 94 91V* 91*/* 92* 2 Pac Light 74 73% 73’a 74 Pub Serv N J .. 77 75% 75% 77 So Cal Edison.. 56% 55% 56% 55% Std Gas St E1..115*4 112 114% 113% United Corp ... 32% 31% 32 32% Utilities Power.. 33% 33 33 32% United Git Imp 31% 31 31 % 31% West Union Te1.200*% 196*% 200*% 196 Shipping— Am Inti Corp... 39 38 38% 39% Am Ship St Com 1% 1% IV* 1% Atl Gulf St W I 73% Inti Mer M pfd. 25% 25% 25% 24 United Fruit ...105% 104V* 105% 105 Foods— Am Sug Rfg.... 62 62 62 62 Cudhay Pkg ... 47V* 47 47 47 California Fkg.. 68 68 68 68 Canada Dry ... 64% 64 64 65 Corn Products.. 92% 904* 91% 92% Cont Bak A 44 44 44 45 Borden 71% 70% 70% 79*a Cuban Am Sug. 8 7s* 8 7% Hershey ... ... 75 Grand Union .. 12% 12*% 12% 12% Grand Union pfd 36 Jewel Tea 45 45 45 45% Kraft Cheese ... 36% 36% 36% 37 Kroger 49% 48% 49*% 49% Loose W'iles .... 52 52 52 52% Natl Biscuit ...174 172% 174 173% Natl Dairy 49 48V* 48% 49 Gen Foods 49 48% 48 % 49% Loft 4% 4% 4% 4% Stand Brands .. 28 27% 27% 28% Ward Baking B. 4V* 4% 4% 5 Tobaccos— Am Tob B 200% 200% 201% 203% Con Cigars .... 49% 48 49% 50% General Cigar.. .. ... ... 53 Lig & Meyers... 96 95 95 96% Lorillard 16 15% 15% 16 R J Reynolds .. 50% 50% 50% 50% Tob Products B. 3% 3% 3>/2 3% United Cigar St. 4% 4% 4% 4% Schulte Ret Strs 5% 5% 5V* 5%

In the Stock Market

(By Thomson St McKinnon! NEW YORK, Dec. 17.—Unemployment statistics, usually regarded as of prime importance in measuring the purchasing power of the nation, recalls the old adage that figures do some times tell untruths. This is particularly noticeable in the report covering the month of November. Although the statement shows a falling off of 3 per cent, this figure is arrived at only after taking into consideration a drop of almost 25 per cent in the automotive industry. In as much as the automobile industry normally tapers off during the last two months of the year, which slowing down was accentuated by the plans to bring out new models, by the largest manufacturer in the low priced field, it appears to be quite obvious that the unemployment report tends to exaggerate the whole labor situation. It is well to keep in mind, too, that re-employment in the automotive industry has been on the increase since the first of the month, which naturally leads to the assumption that November may prove to have been the lowest point in the volume of unemployment. Security values would not be at present levels, with extremely liberal yields and an excellent ratio of earnings to price if unemployment had not been on the increase, which prompts us to again suggest that the recession in business has been fairly well discounted. We continue to advise the purchase of the better class of securities during such reaction- as have recently occurred.

Births Girls Raymond and Clco Crumpton, 3051 West New York. William and Pearl Sullivan, 1655 Roosevelt. Claude and Sadie Brown. 1720 Minocqua. Wesley and Alice Tavlor, 1332 North Illinois. Broadus and Edith Deal, 1809 .East Sixty-ninth. Mike and Desanka Surchevieh, 1451 Livingston. John and Lulu Garrett, 1115 North Miiey. Fred and Betty Dann, city hospital. Henry and Violet King, city hospital. Bari and Helen Marsh, city hospital. Ira and Erva Woods, city hospital. Joe and Augusta Holliday, city hospital. Opal and Freda Sandy, city hospital. Harry and Elma Shake, city hospital. Guy and Lacey Nunley, city hospital. Boys Albert and Sadie Rust. 455 Arbor. Ralph and Mildred Blair. 5861 Lowell. Ellsworth and Beulah Mast. 2134 Gent. Laurel and Elizabeth Walden. 1225 East Kelly. William and Catherine Shelton, city hospital. C'arence and Anna White, city hospital. Paul and Loretta Cannon, city hospital. Russell and Bertha Gipe. city hospital. Reece and Louella Smith, city hospital. Gerald and Nora Evans, city hospital. Twins Russell and Norta Snellenberger, 3324 Northwestern, girls. Deaths Agnes Lake Harris. 42. 3862 Carrollton, carcinoma. Bertha Hampton, 49. city hospital, cerebro spinal meningitis. Edmonia Hicks. 15. 509 North Senate, broncho pneumonia. George Chappelle. 56, Methodist hospital. chronic hepati s. Raymond D. MrFadden. 28, 3538 West Sixteenth, gastric ulcers. Charles Allen Kellv. 65, 5105 North Capitol, acute nephritis. Lula Lorine Baugham, 52, 2846 North Delaware, carcinoma. Rebecca Jane Hayslett. 72, 843 North East, uremia. William H. Goodson, 68. 2122 Avondale Place, carcinoma. Thomas J. Payer, 76. 40 South Butler, hypostatic pneumonia. Preston Cox. 16. 726 South Keystone, influenza pneumonia. Lucille Weaver. 26. city hospital, Inanition. Thomas H. Stewart, 61. city hospital, pvelitis. John C. Alexander, 60. city hospital, arterio sclerosis. Jane Gaddy. 43. city hospital, miliary tuberculosis. Phyllis Harvey. 32. city hospital, broncho pneumonia. Elmer Wright. 63. 275 South Sherman drive, lobar pneumonia. Llovd Woodson. 46. 1230 West Washington. apoplexy. Ida Ott. 57. 128 West Arizona, acute cardiac dilatation. Ruth Jeon Thompson. 11 months, 710 Torbett. whooping cough. Albert Stallard, 70. Eleventh and Brook, broncho pneumonia. | ACT ON RHODES MOVE Supreme Court Sets Jan. 20 a-s Last Date for Briefs. Attorneys for Dreyfus Rhodes, twice convicted slayer of a Vincennes policeman who was sentenced to be executed Feb. 28, 1930, were granted today from Dec. 20 to Jan. 20 to file final briefs in their appeal of sentence to the state supreme court. The court did not act on the appeal of attorneys for a writ to certify transcripts of evidence from the lower court, errors being claimed. Building Permits Standard Investment and Security Companv. remodeling. 1404 Broadwav. *26.800. M. Van Arsdell. dwelling and garage. 4815 Manlove. *3.150. C. N. Fultz dwelling. 4471 North Pennsylvania, *B.OOO. E. Chambers, repairing, 2216 Columbia, $175. G. Dick, addition. 2207 Spann. *250.

Local Wagon Wheat

City grain elevators are paying $1.15 for No. 2 red wheat and SI.OB lor No. 2 hard wheat.

the Indianapolis times

PORK MARKET HOLDS STEADY AT LOCAL PENS Lambs Slow and Stationary; Vealers 50 Cents Off . at sls Down. Dee. Bulk. Tod./ Receipts 10. $9.50 $9.50 14,000 11. 9.50 9.60 11,000 12. 9.50 9.50 8.000 13. 9.60 9.65 9,000 14. 2.85 10.09 5.500 16. 9.50 9.60 13.000 17. 9.50 9.60 9.000 Hogs were generally steady today with Monday's best prices at the stockyards. The bulk, 160 to 300 pounds, sold at $9.50; top price $9.60. Butchers were scarce and unchanged. Receipts were estimated at 234. Cattle mostly uneven, with a slaughter class of steers slow, and indications pointing to a steady market. Vealers were largely 50 cents lower, selling at sls down. Sheep and lambs stationary, with a better grade of good and choice lambs selling at $12.50 to $13.25, Chicago hog receipts, 45,000, including 15,000 directs; 4,000 holdovers. The market slow, early bids and few sales steady with Monday’s best prices, or strong to 10 cents higher than the average. Choice of 200 to 260-pound weights sold at $9.40 to $9.50. Cattle receipts, 7,000; sheep, 20,000. —Hog*— Receipts, 9,000; market, steady. 300 lbs. and up $ 9.25® 9.50 250-300 lbs. and up 9.50®) 9.60 225-250 lbs 9.50 160-200 lbs 9.50 130-160 lbs 8.907* 9.25 90-130 lbs 8.25® 8.75 Packing sows 7.75® 8.50 —Cattle Receipts. 1,200; Ynarket, steady. Beef steers, 1,100-1,500 lbs, good and choice $12.004715.25 Common and medium [email protected] Beef steers, 1.100 lbs. down good and choice 12.25®15.50 Common and medium 9.00® 12.25 Heifers, 350 lbs. down, good and choice [email protected] Common and medium B.oo® 12.50 Cows 8.25® 10.00 Common and medium 6.25*77 8.25 Lower cutter and cutter 4.50@ 6.25 Stocker and feeder steers, good and choice 8.50® 11.00 Common and medium 6.50® 8.50 —Veals — Receipts. 600; market, lower. Medium and choice $12.00015.00 Cull and common [email protected] —Sheep— Receipts. 1,200; market, steady. Lambs, good and choice $12,507/ 13.50 Common and medium 10.00®12.50 Ewes, medium to choice 10.00® 11.75 Cull and common 2.00® 4.00

Other Livestock Bv United Press CHICAGO, Dec. 17.—Hogs—Receipts. 45,000, including 11,000 direct; market, strong to 10c higher; later trade slow and weak at the advance; top. .$9.50: bulk 180-300 lb. weights, $9.30@ 9.45; 140-170 lb. weights [email protected]; butchers, medium to choice, j 250-350 Ids.. [email protected]: 200-250 lbs., $9.15 @9.50: 160-200 lbs.. [email protected]; 130-160 j lbs., $8.85® 9.40; packing sows, $7.5068.50; pigs, medium to choice. 90-130 lbs.. $8.25 @9.25. Cattle—Receipts. 7,000; calves, 2.500: quality plain, market slow; choice yearlings, strong; early top. sl6; no dependable market for heavy fat steers: fat she stock and bulls, steady: strong weight, vealers 25c higher, others steady; slaughter classes, steers good and choice, 1,3001.500 lbs., $12.25® 14.75: 1.100-1.300 lbs., [email protected]; 950-1.100 lbs.. $12.65(5:16; common and medium, 850 lbs. up, sß® 12.65; feed yearlings, good and choice., 750-950 lbs., $12.50® 16.15; heifers, good and choice. 850 lbs. down. [email protected]; common and medium, $7.5011; cows, good and choice, $7.75@10; co .imon and medium, [email protected]; low cutter and cutter, $4.5065.75; bulls, good and choice beef, $8.65(6-9.75; cutter to medium. $6.25®8.90; vealers, milk fed, good and choice, sll a--14 75- medium. slo@ 11.50; cult and common. s7® 10; stocker and feeder steers, good and choice, all weights, $10.40® 10.75; common and medium. $8.25® 10.15. Sheep-Receipts, 20,000: market, slow, 25c or more lower; indications bulk fat lambs around sl3; choice bid, $13.25; early top to outsiders. $13.60; fat ewes, steady, $5 @5.50; feeding lambs quotable steady. Lambs, good and choice. 92 lbs. down. [email protected]; medium, sll® 12 50; cull and common. $9 50® 11: ewes. medium to choice. 150 lbs. down, $4.50@6: cull and common, $2.50(6:4.75; feeder lambs, good snd choice, $11.75® 12.75. B FT.”* WAYNE* Tnd. Dec 17.—Calves— Receipts. 50; hogs. 300: sheep. 100; hog market,, steady to 10c up: 120 Ids. down, $8.25; 120-140 lbs.. $8.o0; 140-160 lbs.. $9, 160-200 lbs.. *9.25: 200-250 lbs.. $9.30: 350300 lbs.. $9.40; 300-350 lbs. $9.2a; roughs. $7.75; stags, $6; calves. sls; lambs. $12.2a. B CINCINNATI? 8 Dec. 17. Hogs—Receipt s. 3.100: holdover. 380; closing, flow: early sales, good and choice, 180-280 lbs. butchers. [email protected] or 10® 15c higher, some interests bidding. $9.75 or steady; others, unchanged: desirable, 150-175 lbs.. $9.50. mostly 120-145 lbs. $9 25: pigs. 100-110 lbs.. $9; sows largely, s7.is@B. CattleReceipts. 225; calves, 275: steady quality poor, demand dull, butcher cattle, sl2 down: beef cows. [email protected]; low cutter and cutters. $4.75®6.25: bulk bulls, s7® 8.50; veals, steady active: top. $15.50: bulk, above. sll. Bn United Press „ EAST BUFFALO. N. Y.. Dec 17.—Hogs— Receipts. 1,800; holdovers. 600; active, mostly to packers; generally steady; bulk, 160-250 lbs.. $9.85: sparingly to 140 lbs.. $9.25(6 9.50: packing sows $8®8.60. Cattle—Receipts. 175 cows: predominating, steady: medium and good steers, $11.50(6 12.75; all cutter cows, [email protected]. Calves— Receipts. 400; vealers. slow, weak to 50c lower: good to choice. [email protected]: some held. sl7. Sheep—Receipts. 800: lambs 10c to mostly 25c lower; good to choice, handyweights, $ 13.5 0 @ 14: fe w. $ 14. 2 5: me - dium and strong weights, [email protected]. common around, $11.25. B ’ CLEVELAND^ * Dec. 17.— Hogs—Receipts. I. holdovers none; strong to 25c higher; 150-300 lbs., mostly 15®25c up to $9.75459.85: 140 lbs. down. [email protected]; sows. *7.75(6:8: stags. $6(66.25. Cattl/ Receipts. 175: market strong; fat cows. $6.00@8, cutter grades 6; load common steers, $9.65. Calves—Receipts, 300; market strong to 50c or more higher: better grades. *l7 (617.50; medium. sl3 @15.50; culls dow’nward to $9. Sheep—Receipts. 1.800: mostly steady; bulk fat lambs. $13.754714; heavies. $11.50(612: medium 1 throwouts, $10.50® 11. bulk fat ewes, $5.50®6. p.u Times ftpeeial _ _ LOUISVILLE, Ky.. Dec. 17.—Hogs—Receipts, 1.300; market. 10c higher: 175 lbs up.. $9.55; 130-175 lbs., $8.85; 130 lbs. down. *7.50; roughs. *7.60; stags. $7. Cati tie—Receipts, 100: market, steady; prime heavy steers. sll® 12.50; heavy shipping steers. $9.50@11: medium and plain steeis. *7 50459: fat heifers. *7.5045 12; good to choice cows. *6.50® 8.50; medium to good cows. $5,504x6.50; cutters. $5455.50; earners. s4® 5; buUs. $5.5047 8.25; feeders. $8 @10.50; Stockers. $74x10.25. Calves—Recipts 200; market, steady; fan cy calves. sl3; good to choice. $1045 12.50;.medium to good. s7®9; outs. $7 down. Sheep-Re-ceipts. 50. market steady; ewesand wethers $12.50; buck lambs. $11.50: seconds, ss@B: sheep. $465. Monday's shipments— Cattle, 343; calves, 350; hogs, 148, sheep, none.

r ‘ PITTSBURGH* Dec. 17.— Hogs—Receipts. 1 noo■ market active, 15 to 25c 160-300 lbs.. $9 90210: 100-130 lbs.. *9_ 25 ? 9.50; sows. $82.8.25: few at $8.50. Uatt.e —Receipts. 25: market, unchanged Calves —Receipts. 75: market, steady, desirable vealers. sl7. Sheep— Receipts 0: market steady to week: bulk fat lambs, sl2 214: few at sl4 25: choice aged wethers. $7.25: fat ewes. $626.75. B Vttitrd Free* TOLEDO. Dec. 17.—Hogs—Receipts. o 50; market. 10 to 20 cents higher; heavies, *9 25 2 9 50- mediums. $9.40-0 9.60: vorkers. $8T529: pigs. $8 5029. Cattle—Receipts, light: market, steady. Calves—Receipts, light: market, steady. Sheep and Receipts light: market, strong. ftobbed Woman Attacked MUNCIE, Ind., Dec. 17.—An aged Negro is being held without bail pending outcome of injuries he admitted inflicting upon Orpha Reese, 40. when he snatched her purse. The Negro. John Jackson, 70. said he snatched the purse and struck his victim a hard blow on the head with an iron pipe. The purse was found in his possession.

Business — and — Finance

The fifty most active stocks traded in on the Chicago Stock Exchange during the week ended Dec. 14 had a market value of $2,240,770,111 at the close of business Saturday as compared with $2.246,99#.372 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 $6,226,261 or 27 per cent. According to J. S. Pyeatt. president of the 1930 budget of the Denver and Rio Grande Western Railroad, calls for $3,754,157 for improvements and normal development. Included in the expenditures will be $1,350,000 for ten new mallet type locomotives, which are the most powerful engines in the world, $1,000,000 for heavy rails, and $275,000 to strengthen and rebuild bridges. While $376,300 has been authorized for additional yard and passing track. Merchants and Manufacturers Securities Company report that purchases of installment paper in the first nine days of December increased 30.S per cent over the same period of November. As compared to the same period of December, 1928, the Increase was 132 per cent. According to statistics released today bv the Bureau of Mines of the Department of Commerce. American Portland Cement mills continue to show a decline in the ratio of operations to capacity for twelve months’ period ending Nov. 30. The rßtio of operations to capacity for the last twelve months was 66.8 per cent, this rate having fallen from a maximum of 71.1 per cent for twelve months ending April 30. to 66.8 per cent for twelve months’ period ending Nov. 30. Pm Times Special NEW YORK. Dec. 17.—Announcements of heavy construction and engineering contracts let throughout the country in the past week indicated a drop in building activity which is somewhat more than the average decline for this time of year. Engineering News-Record reports. Awards in the last seven-dav period were valued at $35,149,000 in the preceding week and *51.787,000 in the corresponding week last vear. However, contract lettings from the opening of the current year to date are still higher in money value than for the same period in 1/128. Directors of City Ice and Fuel Company have declared a stock dividend of 3 per cent in common stock on common, payable as follows: 1% per cent payable Feb. 28 to stock of record Feb. 15. and I*2 per cent parable Aug. 31 to stock of record Aug. 15. The company is now paying $3 regularly on the common stock. November sales of Investment certificates by the Investors’ Syndicate established another new high record In the history of the company’s business, it was announced by President J. R. Ridgwav. The total for last month was Sll ,895j000 compared with $10,036,200 in October, also anew record, and $9,238,900 in November, 1928. B,u Times Special NEW Y'ORK. Dec. 17.—Quiet, but steady, buying of electrical equipment in the United States in the past week gave evidence of a normal tendency at the approaching end of the year to confine purchasing to immediate needs and to defer important commitments until after the close of 1929. Electrical World reports. The volume of apparatus sales fell off slightly in certain areas, but reports received from other districts indicated business had improved. Stockholders of Tri-Continent Corporation and Tri-Continental Allied Company, Inc., of record at the close of business today will be entitled to vote on the proposal of the directors to consolidate the two investment companies. Special meeting of the two groups of stockholders to approve the consolidation will be held Dec. 27 at Baltimore. Em Times Special WINSTON-SALEM. N. C.. Dec. 17.—The R. J. Reynolds Tobacco Company, makers of Camel cigarets and Prince Albert smoking tobacco, has entered into a contributory group insurance cont./act in excess of $10.090,000 for approximately 10.000 merpoers of its organization including all emploves in the Winston-Salem factories and representatives in all other sections of the country. TTiis insurance has been placed with the Equitable Life Assurance Society of the United States. Although thirty days were allowed for employees to accept the olan. within three days of the first announcement eighty per cent of those in Winston-Salem had registered their wish to participate. Announcement is made of the settlement of litigation of long standing between American Chain Company. Inc., under its several bumper patents aginst- Bullard Company, successor to Bullard Machine Too! Companv. Although this company had discontinued manufacture of bumpers some time ago, settlement was effected or the basis of a cash payment for past infringement and recognition of the validity of the patents of the American Chain Company.

LOST INFANT FOUND, SPENT FROM HUNGER Two-Year-Old Boy Wandered Away From Mother Into Hills. Bit T'rtitrd Prr*R BAYFIELD, Colo., Dec. 17.—Spent from hunger, cold and exhaustion, 2-year-old Vernon Daniel was recovering today from a harrowing experience on a mountainside near here. The child wandered away from his mother and became lost in the hills. A searching party of 500 men tramped through the mountains all night, but were unable to find a trace of the lad. Monday, Vernon was found unconscious beneath a tree. He had managed to make his way up and down the steep slopes, over rocks and fallen boughs, so the searchers missed him. Physicians said he would recover.

TAKES CITY HALL JOB Negro Democrat Is Appointed as Elevator Operator. Will Hanley, Negro. 741 West Eleventh street, Democratic precinct committeeman, has been appointed city hall elevator operator to succeed Leslie Stark, who died last week. Hanley, committeeman in the Thirty-seventh precinct of the Fornth ward, was re. commended to the board of works by E. Kirk McKinney, Democratic city chairman, who managed the campaign of Mayor-Elect Reginald H. Sullivan. SEAL TEAMS COMPETE Ten teams of women, from the women’s organization of the National Retail Druggists’ Association are conducting the Christmas Seal sale booth at the Indiana National bank. The teams are under direction of Mrs. E. C. Reick, president of the organization. A prize is offered to the team selling the most seals, one team having charge of the booth each day during the week. 15 PER CENT BACKWARD Bji United Press LONDON, Dec. 17. England should not be alarmed, although there are 140.000 certified lunatics and 340.000 mental defectives in the country, and from 5 ta 15 per cent of the entire population is backward, dull or mentally retarded, Sir George Newman, chief medical officer of the board of health, told a confeience on mental hygiene, _

PROFIT-TAKING HOLDS WHEAT MART UNEVEN Buenos Aires Forced 2 Cents Higher Before Mid-Session. Bu United Press CHICAGO, Dec. 17.—Wheat prices opened unevenly lower to higher on the Board of Trade here today Scattered selling in the form of profit-taking produced to the uncertain tone. Australian threshing returns are below expectations and rains in the Argentine are delaying the harvest of wheat and may possibly add to the damage. On the strength of this Buenos Aires jumped to 2% cents higher just before noon. Com and oats were uncertain, owing to the action in wheat. At the opening wheat was % cent lower to -4 cent higher, corn was !m cent lower to */i cent higher, and oats was % to M cent off. Provisions opened steady. Liverpool failed to respond fully to the advance here and just before noon stood only *4 to % cent higher. Buenos Aires opened li cent higher. The foreign outlook on the whole is slightly more favorable, exports increasing slightly and a better inquiry present. Unfavorable weather pervades the corn belt, with rain, snow and sleet reported. The dampness is said to be affecting the com not yet husked. Continued bad weather is forecast, with rain and snow in sight. The strength in the major gains was supplemented with some local buying Monday and these combined to offset the liquidation which seems to be coming from the northwestern holders.

Chicago Grain Table —Dec. 17— WHEAT— Prev. Open. High. 12:00. Close. Dec 1.21% 120 1.20% 1.20% Mar 1.28% 1.27% 1.27% 1.27% May 1.32% 1.31 1.31% 1.31% July 1.32% 1.31% 1.31% 1.31% CORN— Dec 90% .90 .90% .90% Mar 94% .94 .94*4 .94% Mav 96% .96% .96% .96*% July 97% .97% .97% .97% OATS— Dec 45 .44% .45 .44% Mar 48% .47% .48 .47% Mav .49% .49 .49*4 . 49% July 47% .47% .47% .47% RYE— Dec 1.05% 1.04% 1.05% 1.04*2 Mar 1.05% 1.04*6 1.04% 1.02% May 1.03V* 1.02% 1.03 1.02% LARD— Dec 10.10 10.10 10.10 10.05 Jan 10.30 10.30 10.37 10.37 Mar 10.60 10.52 10.55 10.52 May’ 10.85 10.75 10.80 10.75 Bu Times Special CHICAGO. Dec. 17.—Carlots: Wheat, 13: corn. 308; oats. 33: rye, 38.

Cash Grain

The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were - • Wheat—Firm: No. 2 r 4. $1.20*/a®1.22*6; No. 2 hard, $1.15%@1.17*/2. Corn—Strong; No. 4 white. 78@79c: No. 5 white, 77 @ 78c; No. 4 yellow. 77@78c: No. 5 yellow 76®77c; No. 4 mixed. 75@ 76c; No. 5 mixed. 74®75c. Oats —No. 2 white, 42%@43*/2C; No. 3 white. 41*/2@42V2C. Hav —Steady: No. 1 timothy. *15.50® 16. No. 2 timothy. sls® 15.50; No. 1 iight clover mixed. $14.50(5.15. —lnspections Wheat—No. 2 red. 2 cars. Total. 2 cars. Corn—No. 4 white, l cars; No. 5 white. 1 car- No. 6 white. 1 car; sample white 3 cars: No. 2 yellow. 1 car; No. 4 yellow. 1 car; No. 5 yellow. 4 cars; No. 6 yellow. 6 cars; sample yellow. 4 cars; sample mixed. 1 cars. Total. 23 cars. Oats—No. 2 white. 1 car; No. 3 white, 1 car. Total. 2 cars.

MERGER IS REPORTED 12 Companies’ Capacity Expected to Run High. Bn United Press NEW YORK, Dec. 17.—Formation of a great steel combine with total assets of more than $400,000,000 is under way, Wall Street hard today The new organization is expected to include the various companies in which Cyrus S. Eaton of Cleveland is interested. Nearly twelve companies are involved and their total ingot acpacity is expected to be nearly 5,000,000 tons annually, more than double that of the Youngstown Sheet and Tube Company, the nation's third largest producer. Some reports include Youngstown Sheet and Tube in the,merger, but this is not expected in most quarters. Among other companies mentioned are Republic Iron and Steel, Central Alloy Steel, Donner Steel and Bourne Fuller of Cleveland.

IT’S WOMAN’S TOWN, EVEN TO BUS DRIVER Females Hold Public Offices “Out Where Men Are Men.” SHELTON, Wash., Dec. 17.—Mason county, center of logging activities, is a place “where men are men," but a survey shows that It also is a place where women are public officials. The position of county auditor is held by Ida Rex Loughnan; county clerk, Dora Fredson; justice of the peace, Susie E. Pauley, and Shelton postmaster, Jessie Knight. Women head the county school board, library board and several Shelton business firms, including the county credit association. Both of Shelton’s schools and the city high school have women principals. An only bus, running from Shelton to its suburbs, is also run by a woman. INVENTS MURDER TALE Ruse to Return to “Fatherland” Flops; Held by State. Bu United Press ROCHESTER, Minn., Dec. 17. Because he wanted to return to “Das Vaterland” George Rhodes, near here, “invented” a murder story. Thinking that his fabricated story would return him a free passage to Germany, Rhode recently confessed to the murder of a friend there Upon investigation it was found that no such murder had been committed and as a result the state is changing the murder story into an Insanity investigation. .

The City in Brief

WEDNESDAY EVENTS Klxtnii Club luncheon. Clicpool. Junior Chamber of Commerce luncheon, Chamber of Commeree. Lion* Club lunebeon. Lincoln. - Purdue Alumni Association luncheon. Severln. Illinl Club luncheon. Board of Trade. Indiana County Assessors Association meeting, statehouse. Federated Patriotic societies, allied with the Grand Army of the Re-; public, will hold their regular meet- j ing Wednesday night at 512 North Illinois street. Mrs. Lula Hartzog. j president, will preside. Dr. J. Raymond Sctautz, Manchester college, was principal speaker at the monthly dinner of the First Baptist. Church Brotherhood, Monday night. Mrs. Anna Miller, 62, of 226 West Pratt street, suffered a dislocated! shoulder in a fall down a stairway! at her home Monday night. She j was taken to Methodist hospital. Frank Bastin of the Blackford Window Glass Company of Vincennes will speak before a dinner meeting of the Indianapolis Chapter of the National Association of Cost Accountants at the Chamber of Commerce topight. A radio valued at SIOO was stolen from the Otto Suesz furniture store, 351 Massachusetts avenue, Monday night, police were told today.

RICH MAN ENDS LIFE WITH GUN Worth $500,000, Worried Over Losing Job. Bu United Press CHICAGO, Dec. 17.—Hunt Wentworth, 34, member of one of Chicago’s oldest and most prominent families, and worth more than half a million dollars, committed suicide because he could not- find a job, relatives said today. Wentworth had been dismissed last month as secretary and assistant to the president of the Curtiss Flying service. Since that time he had been despondent, according to John Wentworth, a brother. Monday, he entered his room at the home of his mother, Mrs. Lizzie Shaw Wentworth, and shot himself in the head while standing before a mirror. While a senior at Harvard university in 1917, Wentworth was voted the roost handsome and funniest. student at the college. He was engaged to be married in the spring to Miss Eileen Smith.

TRIAL IS UNDER WAY State's Testimony Ends in Judt Murder Case. Testimony of defense witnesses was heard by jurors today in the criminal court murder trial of Andrew Judt, 66, of 423 Virginia avenue, who is accused of shooting his wife, Mrs. Mary Ann Judt, $5, during a quarrel at their home two months ago. The state’s case, which included the testimony of six witnesses to circumstances of the killing was rested this morning. Defense case is expected to be completed Wednesday when the jury probably will receive the case. .Judt faces life imprisonment if convicted. Opening arguments in the case were made Monday afternoon by Deputy Prosecutor Paul Rhoadarmer and defense attorney T. Ernest Maholm after the jury was sworn in by Trial Judge James A. Collins. Rhoadarmer said the state’s case would show that Judt fatally shot his wife in a quarrel after he had rebuked her for failing to keep their 2-year-old son, Charles Thomas, clean. Judt has asserted he fired the shot in self-defense after Mrs. Judt had struck him on the head with -a rubber hose.

BOA CONSTRICTOR DIES AND RETURNS TO LIFE “Frozen” Snake Starts Riot When Taxidermist Begins Work. By Science Service COLORADO SPRINGS, Colo., Dec. 17.—Recently a heavy snowstorm swept over the Rocky mountains, and a seven-foot boaconstrictor in his steam-heated cage froze to death. Spencer Penrose, owner of the zoo at the foot of Cheyenne mountain, near here, visited the boa in the afternoon and found him stretched out upon the huge limb of a tree which is his favorite haunt in captivity. The next morning, a blizzard having intervened, the keeper found the boa frozen solid, and Penrose sent him to the taxidermist to be stuffed. The taxidermist and his assistants rolled him out on the floor, seemingly a solid ice mass, while they sharpened their knives. As the taxidermist placed the point of his blade in the boa’s head the snake opened his eyes. The man jumped A quiver ran down the boa's coils, Jus tail swished furiously from side ?o side. The attendants vanished, and the boa has another life to lose. POWDER RIVER ACTIVE Bridge-Dodging Stream Goes on Ra mpage; Bites Into Road. H BROADUS, Mont., Dec. 17.—The temperamental Powder river which already has left two bridges high and dry is acting up again. This time the wandering river vented its spite on the Moorhead road. It sliced off a goodly chunk of highway necessitating a detour. This summer the “bad boy” stream threatened to change its channel again and, for a third time, leave a steel span on dry land with nothing to bridge. Only strenuous efforts of farmers prevented the occurrence.

.DEC. IT, 1929

NEGROES GIVEN PROMOTIONS BY INSURANCE FIRM Agents Sent From Here to Chicago for Berths as Superintendents. Recent promotions of Negro representatives of the United Insurance Company, with local headquarters at 305 Holliday building, have attracted wide and favorable comment among Negroes of this city. The United Insurance Company, with home office at 2721 Michigan avenue, Chicago, employs a large group of Negro officials and agents. The United Insurance Company and the United States Mutual Insurance Company operate under separate titles, but the same officers manage both companies, and it. is expected that they will be merged in the near future. Agents here appointed to positions of superintendent in the Chicago district include Emmett L. Hendon and Leroy V. Carson. Hendon, who maintains his residence at 1309 Cornell avenue, joined the United company in 1928. He received his promotion as superintendent in April of this year and further was promoted recently to assistant manager with headquarters in Cleveland. Following his Chicago appointment, Hendon was succeeded here by the late Edward W. Grice, who was killed in the July 4 auto races at the State Fair grounds. Leroy V. Carson, whose residence is at 1511 East Tabor street, recently was appointed to the Chicago post left vaoant by Hendon’s Cleveland promotion. Carson is a Hoosier and product of the local schools, while Hendon is a native Texan. Carson formerly was connected with the Purity Milk Company here. J F. Johnson, who has had wide experience in commercial fields, has been selected to fill the position left vacant by death of Mr. Grice. The local manager for the United Company, commenting on the recent promotions, said: “The policy of the company is equal rights to all, with no discrimination.”

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Roy Wilmeth Company, 720 North Meridian street, Ford sedan, 751 - 196, from Illinois and Vermont streets. Jenny Young. Tipton, Ind., Studebaker sedan, from Walnut and Illinois streets. Arthur E. Siefker. 1553 Barth avenue, Buick coach, 714-879, from 730 East Washington street. Neal Cross, 541 Chase street, Chrysler roadster, 300-318, from Oliver avenue and Chase street. Benjamin F. Newerth, 144 South Second avenue, Beech Grove, Chevrolet coach, 739-863, from same address. H. M. Jones, 448 North Warrnan avenue, Hudson sedan, 745-255. from New York and Muskingum streets.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Joseph Sommer. 735 South Meridian street, Ford coupe, found in front of 840 South Capitol avenue. Walter Hinton, 419 South Noble street, Nash touring, found at 18811 Madison avenue. In the Air Weather conditions in the air aft 9:30 a. m.: Northeast wind, five miles an hour; barometric pressure, 29.91; temperature, 47; ceiling, 600 feet; visibility, one-half mile; light fog and mist; field, soft. Hampered by Fog Fog and mist dampened enthusiasm of employes of the EmbryRiddle air mail line today on the occasion of the second anniversary of start of the route. With a number of mail ships warmed up at both Chicago and Cincinnati, operators of the line were prepared to make as many flights as weather conditions would permit. Flying conditions were worse at Chicago and Cincinnati than here, Donald A. McConnell, local field manager, reported. A large quantity of anniversary mail was on hand here, sent by stamp collectors seeking the special cachet prepared for the occasion.

UTILITIES POWER & LIGHT CORPORATION An Inter national Public Utility System Serves electric light and power in 19 states and Canada, and supplies electricity to a wide area in Great Britain. Net income, after all deduo tions, for the year ended September 30, 1929, more than doubled that of the previous year. Sound financial structure rapidly increasing earnings, and able management give to the Company’s securities a strong in vestment position. Class A Stock traded on Chicago and New York Stock Exchanges. Class B and Common Stock traded on Chicago Stock and New York Curb Exchanges. Write for copy third quarterly earnings statement. UTILITIES POWER f> UGH* Securities Eg? Company 327 So. La Salle Street CHICAGO