Indianapolis Times, Volume 41, Number 196, Indianapolis, Marion County, 26 December 1929 — Page 12

PAGE 12

SHARP RALLY SENDS STOCK MARKET HIGHER United States Steel Hits New High on Move Above 165.

Average Stock Prices

Average of twenty Industrials for Tuesday was 234.07. up 1.42. Average of twenty rails was 143 13. up .54. Average of forty bonds. 93.81. up .04. By rolled Press NEW YORK, Dec. 26.—Further encouraging news from Industry, absence of large offerings and an imoroved technical position brought a übstantlal rally into the stock market today despite a firmer tone in call money. Opening irregular, the market juickly advanced under the leadership of principal industrials and utilities. At noon prices were 1 to 15 po.nts above the previous close. Dealings, however, still were very '.mall in volume, although a large amount of oddlot business was done. Tickers were easily able to keep abreast of the market. United States Steel rose to anew high on the move above 165, compared with the previous c.ose cf 16114. Radio Corporation spurted mor* than 2 points on short covering. Otis Elevator rose 15 points; 3tandard Gas, 5Vi; Detroit Edison, 7, American and Foreign Power, 4; General Electric, 5; Auburn Autos, 9. U. S. Steel Leader Dozens of issues gained a point or more. In the early afternoon gains were extended and United States Steel assumed leadership of the list. That stock was carried up in rather heavy turnover and shortly after 12 o’clock it touched 166. Anaconda Copper was in demand on expectation the regular dividend would be retained. Traders were correct in their surmise and the regular payment was declared. Other Copper stocks were firm with Anaconda, despite denial that Western Electric had purchased 30,000,000 pounds of copper at ruling quotations. Montgomery Ward firmed up more than a point, following a statement by George Everitt, president. “Summing up the general business situation as it affects Montgomery Ward,” Everitt said, "we enter 1930 with a reasonable degree of confidence in the final results for the year. Business to Improve “We do not believe that business as a whole during the first half of the year will be as favorable as many optimistic reports would indicate. On the other hand, we are confident that as the year progresses, and particularly during the last quarter, we will see a restoration of confidence in the fundamental soundness of the nation’s business which will reflect itself in increased activity in all branches of merchandising.” Announcement that Standard Power & Light was to take over Standard Gas Company brought heavy buying into these stocks. Standard gas on the big board was carried up more, than 5 points while Standard Power on the curb rose 18 points. Sales to noon totaled 1,171,000 against 1,210,000 shares Tuesday.

Banks and Exchange

INDIAN ATOMS STATEMENT Indtar.fipo’.is bank clearirqs Thursday, Dec. 26. $4,014,000; debits, $6,326,000. CHICAGO STATEMENT Hu Ur it*’ft Press CHICAGO. Dec. 26 Bank clearings. $112,900,000; balances. $6,100,000. NEW AOKK STATEMENT Itu United Press NEW YORK. Doc. 26.—Bank clearings, *1,272.000.000; clearing bouse balance $200.000.000; federal reserve bank credit balance. *193,000,000. TREASURY STATEMENT Bp United Press WASHINGTON. Dec 26.—Treasury net balance Dec. 21, $205,966,745.36: custom' receipts lor the month to the same date totaled $28,819,966.18.

In the Stock Market

<B' Thomson <fc McKinnon* NEW YORK. Dec. 26—With the business year coming to a close and inventory’ taking nearing completion. it is becoming apparent, according to trade journals, that manufacturers may soon tmd themselves short of raw materials. This is probably more noticeable in the steel trade, where curtailment has been extremely sharp. A substantial rush order from one of the larger automobile manufacturers is probably conslusive evidence that cautious buying may have been overdone. It is reasonable to assume that stocks of other elements entering into the manufacture of motor cars have similarly been depleted. In this connection the Iron Age sounds a mast encouraging note with the observation that consumers may be obliged to come into the market for supplies in sufficient numbers to create a rebound in demand commensurate with the recent slump in buying. We are inclined to anticipate that the securty market's turn for decided beterment will coincide with the first igns of stepping up in steel production. BYRD SENDS HIS THANKS Wirelesses Appreciation of Promotion to Rear-Admiral’s Post. Ay Z'nited Prc** / WASHINGTON. Dec. 26.—RearAdmiral Richard E. Byrd has wirelessed the navy department his appreciation of his promotion and announced his intention of askinggovemment recognition of fifteen members of his south pole expedition upon returning to America, it was announced today. A bill passed by both houses and signed by President Hoover, before the Christmas recess, elevated Byrd from the rank of commander to rear admiral. NEW YORK COFFEE RANGE Dec. 24 HUh. Low Close January 7.60 7.00 7.60 March 7.69 7.55 7.f0 May 7.45 7.41 7.43 July IT?. 7.45 7.45 745 September 7.42 7.4 J 7 42 December ............ 8.20 8.30 8.30

New York Stocks ' (By Thomson A McKlnDon’

—Dec. 26 Prev. : Railroad*— High. Low. 12:00. Close I Atchison 223 221 223 220 , Ati Coast Line. . 171 171 171 170 Bait & 0hi0....116 115% 116 115% : Canadian Pae .187’-. 185 187% 187 Che*. Ac Ohio 200% 200% 200% 200% Chrsa Corp 63 63 63 61 % Chi Ac N West.. 85 84% 85 84 Chi Ort West.. 14% 14% 14% 14% C R I Ac P 113 Dai Ac Hudson. .165 165 165 166 Del Ac Lacks... .138 138 138 Erie 57% 57 57 56% ; Erie Ist pfd 62% 62% 62% 62 Ort Nor 95 Gulf Mob Ac Oil 39 111 Central ....129 129 129 Lehigh Valley 74 -MK Ac T 45% 44 45% 44% j Mo Pae pfd. .. .136% 135% 136 V, 134’. | I N Y central... 170 168% 170 168 iNYC ASt L , }32 j NY NH Ac H... 111 % 111 111% 111, ; Nor Pacific .... 86V* 85% 86% 86'. | ! Norfolk At West 22. > Pennsylvania .. 74% 74% 74% 74% j ! Reading 122 122 122 120% : : Scab and Air L pfd 25 i Southern Ry 132 Southern Pac . 120 120 120 119 ISt Paul 24% 23% 24 23% St Paul pfd ... 42% 41% 42% 41 St L Ac S W 59 59 59 60% St L Ac 8 F 106% 106V* 106% 108 | Texas A Psc 124 i Union Pacific 212% S West Maryland.. 28% 26% 28% 26 ! Wabash 57% | West Pac 22 : Ajax 1% 1% 1% 1% - Fisk 3% 3% 3% 3% ! Goodrich 39*4 3934 39% 40% Goodyear 64 62 % 64 63 % Kelly-Spgfid ... 3% 3% 3% 3% Lee 6 United Sttaes.... 27% 28% 23% 23% Equipments— Am Car Ac Fdy.. 78 78 78 77 Am Locomotive 100 99% 100 99% Am Stvei Pd.... 45'% 45 45% 44 Am Air Brake S 46 Man Elec Sup.. 27% 27% 27% 27% General Elec .231% 223% 231% 224 Gen Rv Signal.. 85 85 85 82 Gen Am Tank.. 95% 93% 95% 93 | Pressed Btl Car ... ... 8% : Pullman 83% 83 83 82% : Westlngh Air B. 45% 44% 45% 44*4 ! Westlngh Elec ..133% 129% 133% 123% Steels—,Am Roll Mills.. 8134 76% 81% 77% Bethlehem 89% 92% 91% 89 % Colorado Fuel .. 35! 34 35% 33% Crucible 82 83 82 81 Gulf Sttaes Stl.. 51% 516 51% ... Otis 30% 2934 30% 29 rtep Iron A.- Stl.. 76V, 74% 76% 74% Ludlum 34% 33 33% 31 Vs Newton ... ... 39 U S Steel 165 16134 165 1 61% Alloy . 32% 31 32% 31% Younestwn Stl 157 Vanadium Corp 50 49 50 4834 Motors— Ant Bosch Mag.. 42 41 42 41% | Briggs 14% 14% 14% 14% Brock way Mot.. 1734 17% 17% 18 Chrysler Corp.. 34% 33Vs 34% 34 Eaton Axle 29 27% 29 2734 Graham Paige.. 9% 9% 9% 9% Borg Warner 22 Gabriel Snubbrs ... 3% Genera! Motors. 41 40% 40% 39% Eiec Stor Bat... 68% 67% 68% 68% Hudson 5334 52 53"% 52 Hbves Body Corp 8% Hupp 20% 2034 20% 20% Auburn 193% 183 192 34 185 Mack Trucks.... 70 6834 70 69% Marmon 24% 23% 2434 2434 Reo 11 Gardner 334 Motor Wheel 26% 26% 26% 2634 Nash 54% 53'/a 54% 53 Packard 155% 1534 15% 15% Peerless .... 7 Studcbaker Corp 42% 4 2 42 34 42 Stew Warner... 38 34 37 34 38 39 3 7 Timken Bear 73 7134 723, 70% Willys-Overland. 734 7 734 734 Yellow Coach.. 143, 13 14 13 White Motor .. 3134 3134 31% 3139 Mining— Am Smelt Ac Rfg 72 70 71 % 70% Am Metals 4534 44% 45% 4634 Am Zinc 83s 8% 8% 8% Anaconda Cop.. 743, 71% 73% 71% Calumet & Arlz 83% 82% 83% 8234 Calumet, Ac Hecla 783a 28 28 28% Cerro >dc Pasco 6139 60% 61% 61 Dome Mines.... 6V 6% 6 7 /a 7 | Andes 34 34 34 33 34 Granby Corp.... 52 50 34 51 34 50 I Gt Nor Ore 20 20 20 20 I Inspiration Cop. 27% 2634 2734 26% Howe Sound ... 3834 3834 38 % 37% Int Nickel 31 30 31 3039 ! Kennecott Cop.. 5734 5634 5734 563* I Magma Cop .... 48% 48 48 47 Miami Copper.. 27 27 27 2634 New Cons 3034 29 3034 29 Texas Gul Sul. 53% 52% 53% 5234 St Joe 4934 47% 49 48V4 U S Smelt 3634 36 36 353-9 Olis— Atlantic Rfg. .. 3839 37% 3734 3739 Barnsda.l (A-.. 23 223, 23 2234 I Freeport-Texas.. 38% 37 34 38 34 3 7*4 i Houston Oil 54% 51 54% 52 Indp Oi! & Gas. 223* 2239 223* 22 j Coilt’l Oil 223, 22% 2239 2239 Mid-Ccnt Petrol 26% 26% 26% 2634 Pan-Ant Pet 8.. 58% 58’, 58% 5839 Phillips Petrol., 33 32% 33 34 Prairie Oil 5234 513 k 5234 51% Union of Cal. .. 443a 44% 4434 43% Prairie Pipe 5739 37% 5734 57 Pure Oil 233* 2234 23% 2234 Royal Dutch 51% 5134 5139 51% Richfield 23% 2334 23% 23% Shell 2334 23 23 23 Simms Petrol 22% Sinclair Oil ... 24 2334 2339 2334 Shelly Ob 3034 Std Oil Cal 6034 50 60% 60% Std Oil N J. ... 6339 62% 6334 6239 Std Oil N Y 3.3 ■>. V i-3 32 Tidewater 12% 11%, 1239 11% Texas Corp 553* 543* 53% 54% Texas C O 10% 10% 10% 10% Transeontl .... 83a 8% 8% 83* White Eagle 2634 Industrial,— Adv Rumlev 1334 13% 1334 ... Allis Chalmers.. 50 49-% 50 1934 Allied Chemical 247 245 247 2449* A M Byers 84 7934 83% 793* Armour A 5% 534 5% 554 Amer Can 13339 11034 1133, 110% AUeghßnev Corp 2434 23% 24% Am Ice . 39% 37 39 36 Assd Drv Goods . ... ... 283* Bon Alunt 4R 48 48 48 Coco Cola 1323* 130 132% ... Conti Can 48 47% 47% 48 Ce.tainteed . .. 1134 1134 1134 11 i Crosier 20 ’9 20 18% Congo!e .1 ,n 13-% 13% 13% 13% ; Curtiss tv . 7 6% 7 6% , Davidson Client 23 -8 28 -.8 Dupont 114% 113% 1143 4 H 4„, ’Famous Players. 48% 47% 48% ’7 * Gen Asphalt.... ’B% 47 s * 4s** 48 Fox A -5% 23% 25% 23% - Gold Dust 28% 37% 383* 38 | Glidden 32 32 32 32 Int Harvester... 78 77% 78 76 * Kelvinator 7% 739 7 3* 7 Lambert 96 93*4 96 95 Loews 44% a 2% 44 44 May Stores..... 54% 51% 54% j3 Kolster 4 4 4 4% Montgom Ward.. -*9 4634 4839 47- a Natl C R .. 71% 70 71 .0% Radio Keith ... 18% 17% 18% 17% Owen Bottle. .... Radio Corp ... 41 38% 403, 38% Rea’. Stlk 46 46 46 46 i Rent Rand .... 26 34 25% 2634 26 (Sears Roebuck.. 93 90% S3 90-, I Union Carbide . <5 73 <43* 73 4 (Warner Bros ... <O% 393, 40',! 39 !Un Air Craft .. 45 43 45 44 i Unlv Pipe 3% 334 334 3% USCs Ir Pipe.. 19 18*4 19 18% | U S Indus A'e-3.132% 1°834 1323-4 129% Worthington Pu. 65 65 65 65 | Woolworth Cos.. 70*4 <034 70% 69% I VtUlttes— . |Am Tel & Te1...219% 213% 219% 214% ; Eng Pub Sent... 38% 3734 3832 37*4

Produce Markets

Eggs (County Rum—Loss off delivered ,n Indianapolis. 46c: benerv auallty. No i 1 54c: No. 2. 32®44c. Poultrv ißuvlng Prices!—Hens weighing i 4>(, lbs. or over. 23c: under 4'A lbs.. 20c Leghorn hens. 17; sprlr.Rers, 5 lbs. or over i 21c under 5 lbs 18c: Leghorn, spring 115 c: stags. 15c: cocks. 12@14c: turkeys voun* hens. lat. 22c: voung toms. fat. 22c: old hens. fat. 16c; old toms fat. 15c: i ducks, full feathered, white, fat. 13c: geese i full feathered, fat. 12c. These Price are for No 1 top qualitp. poultry Quoted bv ! Kingan & Cos. _ . s Butter (wholesale! —No. 1. 40®41c: No. 2 395T40C. Butterfat—3Bs39c. ! Cheese (Wholesale selling rice per pound! —American loaf. 35c: pimento loaf Sic: I Wisconsin firsts 27c: Longhorn. 27c: New York Umberger. 30c. I T'nitrri Frrtt AA _ _ , i NEW YORK. Dec. 26.—Flour—Quiet and i firm: spring patents. *6.60(ft7.10. Pork Steady; mess. *2 50. Lr.rd—Firm; middle west spot. *IO.SO*? 10.70 Tallow—Quiet: ; special to extra. Potatoes i Quiet and easv; Long Island. *2.5056.25: Maine. 53.859: Bermuda. *ssll. Sweet potatoes —Steadv: southern baskets. *1.40 @1.65: Jersey. 75c5*2.25 Dressed poultry —Quiet: Turkevs. 23540 c: chickens. 20$ 40c: capons. 27646 c; fowls. 20535 c: ducks. 18$28c; ducks. Long Island. 23528 c. Live poultrv— Quiet geese. 15528 c; ducks. l-$ 26c: fowls. 24$ 35c; turkeys. 3S6'O;: roosters. 16c 17c: chickens. 209f30c: broilers. 30532 c. Cheese—Quiet; state whole milk, fancy to special. 26<526'2C; young Americas. 22 l v@'25c. B> T '- ‘ ' "res a CHICAGO. Dec. 26. Eggs—Market, weak; receipts, 5.241 cases: extra firsts. 44$ 46c; firsts. 43c: ordinaries. 38$ 41c; seconds, 28$ 35c. Butter—Market, easy, receipts. 7.160 tubs: extras. 39c; extra firsts. 37$ 38c; firsts. 34ft36c; seconds. 31$ 32c; standards. 39c. Poultry—Market, firm to weaker: receipts. 5 cars; fowls, 28c: springers. 22 1 -e: Leghorns. 17c; ducks. 16$ 17c; geese, 17$18c: turkeys. 21*i23c: roosters. 17c Cheese—Twins. 20Mi20- , .,c. Young Americas. 23c. Potatoes—Arrivals. C 4; shipments. 416; market, firm to barely steadv, Wisconsin sacked Round Whites. $2 45®2.60; Minnesota and North Idaho sacked round white. *2.35(6 2.40; Idaho sacked Russetts. *2.65®2.90. B< / United Pregg CLEVELAND. Dec. 26.—Butter—Extras. 43Cc: extra firsts, 416'42c: seconds. 31$ 32c. Eggs—Extras 56c; firsts. 50c. Poultry —Fowls. 28c. medium. 26c: springers. 28c. Leghorn. 22c: thm springers. 15c: Leghorn springers. 22c: duck. 25$2Sc: old cocks. 18c: geese. 25c- turkevs. 33J35c. Potatoes—New York. *4.1064 15 per 150 lb sack; Maine Green Mt.. *4.23$ 4.35 per 150-lb. sack: Idaho Russet. *4 25 per 100 lb. sick: home grown, $1.60$ 1.65 per bushels sack.

Am For Power. 85% 79% 85% 80% Am Wat Wks .. 83% 78 83% 76% Gen Pub Serv. 31% 30 31’* 3134 Col G & E 69% 66% 69'-! 62 % Consol Oa, ... 94% 93% 94% 92% Elec Pow & Lt.. 46% 44% 453* 44% Int T Ac T .... 70% 67 70 67*4 Nor Am Cos 93V* 9034 93 90% Pac Light 70 Pub Serv N J .. 763, 74 76% 74 So Cal Edison .. 55% 55% 553-! 55 Std Gas & E 1... 111% 107 111 105% United Corp ... 30% 28% 30 283, Utilities Power.. 31 30% 30% 30 United O & Imp 30% 2934 30 % 2934 West Union Tel. 185 185 185 Shipping— Am Inti Corp... 36% 35 36% 34% Atl Gulf Ac W I 71 ’4 71V, 71V* 71'4 United Fruit ...100% 100'-, 100% 100% Foods— Am Sug Rfg ... 59 59 59 5934 Cudhay 47% 47% 47% 47% Beechnut Pkg .. 58'/* 57% 58'/* ... California Pkg 66 Canada Dry 63% 62% 63% 62 Corn Products .. 88*4 86% 8634 87% Cont Bak A 41 41 41 41% Borden 6934 83% 6334 68% Cuban Am Sug 7% Hershey 68 Grand Union .. 12% 1234 1234 .. • Grand Union pfd 32% Jewel Tea 42 Kraft Cheese ... 36 34% 36 34 Kroger 44 42% 44 42% Loose Wiles 47% 467, 47% 47 Nat! Biscuit ...17134 J 71% 171'4 168V* Natl Dairy 47% 4634 46 % 46 Gen Foods 47 46'/, 47 46% Loft 4% 4 4'/, 4 Stand Brands .. 2734 26% 2734 26',i Ward Baking B 4% Tobaccos— Am Sumatra ... 20'/, 19% 2034 1934 Am Tob B 19934 195% 1993* 196 Con Cigars 47 46 47 46 Genera* Cigar 51 Lorlllard 15 15 15 15 R J Reynolds . . 49‘4 4834 49'/* 48% Tob Products B. 3 234 2% 23, United Cigar St 434 Schulte Ret Strs 4% 434 4>/* 4 DEATH IN WAKE OF WINDSTORM Indiana Man, Graduate of Purdue, Is Killed. By United Press SEATTLE, Dec. 26.—Death and destruction swept through western Washington with a terrific wind storm during the night and today. Cities were plunged into darkness. Communications were cut off. Christmas displays were scattered before the wind. Fires were started and wires lay in the streets. William J. Williams, a longshoreman, was killed in an automobile crash attributed to lack of lights. Frank D. Boecklin, a milk company employe,, and a graduate of Purdue university (Indiana), who recently came here from Michigan City, Ind., was killed when struck by a falling tree at Redlands. WIPES OUT FAMILY Murders Wife, Six Children and Then Himself. Hu United Press WALNUT COVE, N. C.. Dec. 26. C. D. Lawson, 43, well-to-do farmer, chose Christmas day to blot out the lives of his entire family—his wife and six children—and then commit suicide. But before taking his own life, Lawson carefully laid the bodies of his wife and children, side by side, on the floor. Then he went to a nearby field and fired a rifle bullet into his head. Dr. C. J. Helsabeck, Stokes county coroner, who returned a verdict of homicide and suicide, said Lawson used a shotgun to kill his wife, his oldest daughter Marie, 17, and his youngest daughter, 5-months-old Mary I ou. Then he beat to death with the barrel of the gun, his sons, James, 7, and Raymond, 5. Meanwhile, the other two girls, Carrie. 13, and Maybelle, 10, ran into the yard. Lawson followed them and killed Carrie with a heavy charge of buckshot. Then he took a rifle and shot the other girl through the back.

The City in Brief

Indianapolis motorists received a Christmas present in the opening of the improved section of Delaware street for Christmas day. The street has been widened and resurfaced from Massachusetts to Ft. avenue to accommodate increased traffic. An extra force of forty garbage collectors was put to work today by Garbage Collector Truly Nolen to “catch up” on the collection schedule. No colections were made Christmas, the entire force being given a holiday. Robert Doyle of Indianapolis has enrolled as a freshman in the school of education al the University of Southern California. WIELDS MEAN SLIPPER Wife Beats “Other Woman” in Quarrel Over Husband. EUFFALO. N. Y„ Dec. 26.—A slipper is a mean weapon when in the hand of an infuriated female. Mrs. Lucy Popi. off on a search for her wandering husband, found him at Mrs. Theresa Draganek’s. “I want my husband,” Mrs. Popi told Mrs. Draganek. “Try and get him.” replied the latter. And swinging her highheeled slipper, .Mrs. Popi charged Mrs. Draganek. The latter went to, a hospital and the former to jaiL FOOD DOES NO GOOD Girl Eats Huge Quantity, But Is Starving to Death. SYDNEY. N. S. W., Dec. 26 “Appetltis” might be called the strange malady which possesses a girl patient at St. Vincent’s hospital here. She is alleged to eat in 6ne day fifteen meat pies, twenty-four bananas. twelve mutton chops, thirty slices of bread and eighteen, sausages. In addition she drinks twen-ty-seven cups of tea and two gallons of beef tea. Yet she is slowly starving to death.

Local Wagon Wheat

City xraiti elevators are paying $1.19 for No. 3 red wheat and $1.14 for No. i hard wheat.

l nL> li*i>Li***U t/DtO U*'lO

PORKER PRICES SELL STEADY AT CITYYARDS Cattle Market Strong and Steady; Vealers 50 Cents Higher. Dec. Bulk. Top. Receipts 17. $9 50 $9.60 9,000 18. 9.75 9.90 6.000 19. 10.00 10.10 4.500 20. 9.75 9.85 8.000 21. 9.50 9.60 5,000 21. 9.50 9.60 3.009 23. 9.90 10.10 3.500 24. 10.15 10.15 6.000 26. 10.15 10.25 9,000 Hog prices were generally steady today with Tuesday’s average at the local stockyards. The bulk, 160 to 300 pounds, sold at $10.15. A load or two of good and choice butchers were selling at $10.25. Receipts were estimated at 9,000; holdovers, 163. Cattle strong, with indications pointing to a steady market, slaughter classes little change; top price $15.50. Vealers largely 50 cents higher, selling at $17.50 down. Sheep and lambs mostly strong to higher, with a good and choice grade of lambs, selling at sl3 to $13.75. Chicago hog receipts 25,000, including 10,000 directs; holdovers, 2,000. Market slow, with a few early sales and bids mostly 10 to 15 cents higher than Tuesday’s average; strictly choice of 160 to 250-pound weights sold at $lO, 200-pound averages were selling at $lO.lO. Cattle receipts 12,000; sheep, 15,000. —Hoes — Receipts, 9,000; market, steady. 350-300 lbs. and up $ [email protected] 225-350 lbs 10.15(310.25 160-200 lbs 10.15 130-160 lbs 9.55® 9.90 90-130 lbs 8.90® 9.40 Packing sows B.oo® 9.00 —Cattle - Receipts, 1,200; market, steady. Beef steers, 1.100-1,500 lbs.. good and choice [email protected] Common and medium [email protected] Beef steers, 1.100 lbs. down good and choice [email protected] 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 @IO.OO Common and medium 6.50® 8.25 Lower cutter and cutter .... 4.75® 6.50 Stocker and feeder steers, good and choice [email protected] Common and medium 6.50® 8.50 —Veals— Receipts. 400; mrket. higher. Medium and choice [email protected] Cull and common [email protected] • —Sheep— Receipts, 1.000; market, hiprher. Lambs, good and choice $13.00® 14.00 Common and medium 10.50® 13.00 Ewes, mecium to choice 4.00® 6.00 Cull and common 4.00® 6.00 Other Livestock Bit United Press CHICAGO, Dec. 26.—Hogs—Receipts. 25,000: including 10,000 direct; opened 10® 15c higher; later trade, slow, steady to 10c lower; top. $10.10; bulk. 140-306 lb. weights, $9.70@10: packing sows, $8.25® 9; butchers, medium to 250-35 C lbs., $9.60@10; 200-250 lbs.. $9.60@10; 160200 lbs., $9.65%10: 130-160 lbs.. $9.50@i0; packing sows, $8.15@9; pigs, medium to choice, 90-UJ lbs.. [email protected]. Cattle— Receipts. 12,000; calves, 2,000; run largely short fed steers early bids. 25@50c lower; few loads light weight offerings with quality around steady; fat she stock steady; bulls, strong; vealers, strong to 50c higher; slaughter classes steers, good and choice, 1300-1500 lbs.. *12.50(0 15.50: 1100-1300 lbs., $12.75® 16; 950-1100 lbs.. $13®16.25; common and medium. 850 lbs. up.’sß.2s® 13.25: fed yearlings, good and choice, 750-950 lbs.. [email protected]§; heifers, good and choice. 850 lbs. down, $11.50®15.50; common and medium, [email protected]: cows, good and choice, $8.25/310.75; common and medium, [email protected]: low cutter and cutters. $4.50® 6.40; cutter to medium, $6.50®9: vealers. milk fed. good and choice. $13.50® 17; medium, $11.75® 13.50: cull and common. $7.25 @11.75: stocker steers, good and choice, all weights. [email protected]; common and medium. [email protected]. Sheep—Receipts, 15.000; market, active steady; fat lambs, $13.50@14; top .$14.25; fat ewes, $5®5.50; feeding lambs, quotable steady; lambs, good and choice. 92 lbs. down, $13.25® 15.50: medium. [email protected]: cull and common. [email protected]: ewes, medium to choice. 150 lbs. down. $4.50fi!6; cull and common. $2.50®4.75; feeder lambs, good and choice, $11.75@12. Bm United Press EAST BUFFALO, N. Y„ Dec. 26.—Hogs —Receipts. 7,800: holdovers, 50; rather slow. 35® 50c below Tuesday’s average weights about 180 lbs. at maximum downturn; bulk 110-180 lbs.. $10.65 on shipper account; weighter kind mostly $10.50; packing sows, $8.35@<8.65. Cattle—Receipts. 75; steady cutter cows. [email protected]. Calves—Receipts, 250; vealers. active and steadv; good to choice. slß® 18.50. Sheep —Receipts, 3.600; lambs, fairly active, 10® 25c and lower; quality and sorts considered good to choice. sl4® 14.50; medium and strong weights. [email protected]; fat ewes, [email protected]. By United Press PITTSBURGH. Dec. 26.—Hogs Receipts, 6,000; market 25@35c lower; lightweights and pigs active; 160-240 lbs., $lO 50©10.65: 260-325 lbs., mostly $10.35®) 10.50; 130 lbs. down. [email protected]; sows. $8.25®8.75. Cattle—Receipts, 50; market steady; few cutter grade cows. $5®6.75; medium bulls. sß@9.2a; calves, receipts 75; market unevenely 50c@$l higher; bulk vealers. [email protected], few at sl9. Sheep— Receipts. 1.000; lambs weak to 25c lower; bulk. [email protected]; sheep nominal. Pu Times Special LOUISVILLE, Ky., Dec. 26.—Hogs—Receipts, 1,600; market, steady; 175 Ids. up., $10.20; 130-175 lbs., $9.50; 130 lbs. down, $8.15; roughs, $8.25; stags, $7.65. Cattle— Receipts. 200; market, steady; prime heavy steers, SI 1.50® 13; heavy shipping steers, $lO 11.50; medium and plain steers. $8.50 @10; fat heifers, sß@l3; good to choice cows, s7®9- medium to good cows. s6@7; cutters. $5.50@6; canners. $4.50®5: bulls, [email protected]; feeders. sß® 10.50: stackers $7.50 @10.50. Calves—Receipts. 200; market, 50c higher; fancy calves, sls: good to choice, [email protected]; medium to good, s9®ll; outs, $9 down. Sheep—Receipts, 50; market, steady, ewes and wethers. $12.50; buck lambs, $11.50; seconds. ss®B; sheep. s4@s. Tuesday’s and Wednesday's shipments—j Cattle,'47; calves, none; hogs, 342; sheep, none. ! Bm United Press CLEVELAND, Dec. 26.—Hogs—Receipts, Hogs. 3,300; holdovers, none; mostly steady to 15c higher on stronger weights; 150-200 lbs., $10.50; pigs, $10; rough sows, $8 25; stags, $6.50. Cattle—Receipts, 500; mostly steadv, bulk steers very plain, $8.75® 10; few $8.25; scattered handy weights in demand, [email protected]; load lot, $12.35; fat cows. s7@9; better grades, $5©8.50. Calves —Receipts. 350: active and strong; spots higher, better graces $18.50® 19 or better, medium. [email protected] mostly; culls, sll® 13. Sheep—Receipts. 1.800; steady, better trade lambs. [email protected]; mostly heavies. 12: medium throwouts. sll® 12; fat ewes scarce quotable $5.50@:6.50. By United Press TOLEDO. Dec. 26.—Hogs—Receipts. 500; market, strong: 10c to 11c higher; heavies, $9.75® 10;- medium. slo® 10.25; yorkers, f9.75®10; pigs. $9.75® 10. Cattle—Receipts, light; market, strong. Calves—Receipts, light: market, strong. Sheep and lambs—- : Receipts, light; market, steady. Bn United Press CINCINNATI. Dec. 26.—Hogs—Receipts, 4.800; holdover, none; market, closing dull and bearish, bulk 180-260 lbs., $10.50; heavy hogs neglected, few around 300 lbs.. $10; bulk. 150-170 lbs.. $10: most 125-145 lbs.. $9.75: pigs, listed $9.50 down: bulk packing sows. [email protected]: stags. s6® 6.50. Cattle—Receipts. 700: calves. 250; steady, medium to good. 1150-1250 lbs., steers, $11.50 oj 12.50. few light yearlings up to ; $13.75: beef cows. $9 down; low cutters and cutters, ss®7: bulk, $9 down; veals | active, top. 17. Sheep—Receipts. 100: not enough to test values, quotes steady to strong; Indications choice lambs command. sl4 or better. Banks Join Holding Company Bu United Press MINNEAPOLIS, Dec. 26.—Twc | North Dakota banks—the First Na- | tional tanks of Harvey and New ; England—today became affiliated j with the First Bank Stock Corpora- \ tion, officers of the holding comj pany announced here. There now are eghty-four banks associated with the corporation.

Business — and — Finance

pm Times Special TELL CITY, Ind., Dec. 26.—Entrance into Indiana for the purpose of distributing natural gas is to be made by Missouri-Kansas Pipe Line Company by the first of the year, Frank P. Parish, president, said late Tuesday. Workmen are welding pipe sections together on the Kentucky side of th Ohio river, east of Owensboro and these will be placed on pontoons and dropped on the river bed some time soon. Immediately thereafter, gas service is to be supplied for domestic and industrial use, under franchise rights, to the towns of Cannelton and Tell City on the Indiana side of the Ohio. Directors of the Mesta Machine Company today voted to exchange 6 2-3 new common shares for each share now held and to pay a 50 per cent stock dividend on the Increased capitalization on Jan. 10. thereby, in effect, splitting ten for one. H. F. Wahr, president of the company, announced that this action follows close upon the institution of a sl2 annual dividend rate on the present shares and the $1 extra dividend voted at the last meeting of the directors early this month. pit Times Special DETROIT, Dec. 26.—The price of .eats on the Detroit Stock Exchange has Increased from SIOO in 1915 to $74,000 in 1929. officials of the Exchange revealed today. Gulbord. White & Cos. announce the merging of their Chicago distributing organization with that of the Investment Securities Corporation. Chicago. The investment Securities Corporation becomes western correspondent of Gulbord. 'White & Cos. and their offices at New York. Boston and Philadelphia are to be continued under their own name. Directors of Q. R. S. DeVry Corporation today declared the regular quarterly dividend of 20 cents a share on the 295,000 shares of common stock outstanding, payable Jan. 15 to stockholders of record Jan. 2. Allied Products Corporation has declared a dividend of 50 cents a share on theTjeommon stock, payable Jan. 2 to stocFholders of record Dec. 26. R. O. Cunningham, president, said. ru Times Special NEW YORK, Dec. 26.—United Founders Corporation, a $200,000,000 holding company with Important connections in the investment company and financial field, has placed its common shares on a dividend basis within a year after organization. A dividend of one-seventieth of a share has been announced, payable Jan. 2. 1930, to common stockholders of record Nov. 30. The directors have approved a policy of paying common dividends at this rate for* 1930, or an annual total of four-seventieths of a share, which is at the rate of 5.71 per cent. SUSPECT IS RELEASED Westerner Held in Arizona as Killer Burke. By United Press NOGALES, Ariz., Dec. 26.—After spending Christmas day in the Santa Cruz county jail here suspected of being Fred Burke, notorious Chicago gang leader, who is being sought by officers throughout the country, Roy Morrison of Los Angeles, was at liberty today. Morrison was said to resemble a photograph of Burke. After exchanging telegrams with Chicago authorities, Sheriff Patterson swung open the door of Morrison's cell late Wednesday. WINNERS SELECTED Four Couples to Compete in Waltz Finals. The four couples w r ho won the semi-finals in the city waltz championship contest sponsored by the Indiana roof ballroom were announced today as: Ed Gaugery, 1642 North Meridian street, and Miss Ethel Leigh, 1436 North Gladstone avenue: Jack Hodge, 1235 Blaine avenue, and Miss Irene Nolte. 40414 West Washington street; Louis and Phyllys Bessisi, 615 East Maryland street, and Felix Masterpolo and Ellen Han, 320 East St. Clair street. Finals will be held Wednesday night. ' Charles Oeffler, 1636 Central avenue, and Robert Owen, 1423 North Holmes street, were the winners in the “Dream Lover” song contest featured during the week. Finals will be held Sunday night. MAN HAS EIGHT NAMES Aliases. However, Not Sufficient to Pay Off Many Creditors. UTICA, N. Y„ Dec. 26.—Isaac Moseyaw had eight names, but they didn’t make him enough money to pay off his thirteen creditors who tried to collect $1,015 from him. His seven other names are Jack Masseyew, Jack Massy, Isaac Massy, Isaac J. Maseyaw, Isaac Masy, Isaac Maseyaw and Jack I. Masey. TEACH FLYING BY RADIO LONDON, Dec. 26.—A radio station is being built at Heston aerodrome which is to be used by flying instructors. Stationed here, the instructors will watch student aviators go through their capers above the building. Instructions will be broadcast from the station to the student flyers above. The pupils’ planes will be equipped with receiving sets. Suit Hits City Finances By United Press ANDERSON, Ind., Dec. 26. Further complications in the financial tangle at the city hall today followed the issuance of an Injunction enjoining city officials ; from issuing notes for $21,154, payable next year, for 2.000 water meters said to have been purchased several months ago. . Convicted of Sbopliftng Charged with shoplifting two shirts, valued at sls, from a department store, John HHKing, 56, of 1008 West North street, was fined $1 and costs and sentenced to fifteen days’ imprisonment at the penal farm by Judge Paul C. Wetter in municipal court today. Burglars’ Loot Small Her husband s insurance papers and a small amount of change was missed by H. F. Hubbard of 140 West Forty-third street, after burglars entered her home Christmas night.

WHEAT PRICES FORCED OFF BY PROFIT-TAKING Oats Steady, With December Giving Corn Strong Undertone. By United Press CHICAGO, Dec. 26.—Wheat prices reacted as the Board of Trade opened today. Profit-taking and a holiday lassitude on the part of buyers were the chief features, but a lower Buenos Aires market and prospects for a letup in the export demand after the 5,000.000 bushels exported Tuesday had an effect. Com and oats were steady, with December giving com a strong undertone. At the opening, wheat was % cent to 1% cents lower, com was unchanged to Vi cent higher and oats was unchanged to 14 cent lower. Provisions were steady. Buenos Aires opened lower this morning, being % cent to IV4 cents off. Liverpool will be closed today, and there probably will be absence of export demand because of this. A majority of the traders are bullish. however, on the Argentine government report showing an unexpectedly large shortage. Corn sentiment is more bullish, but the lack of a general outside buying demand has placed the market in a position where it can not stand selling. December remains tight, as only a few days are left for delivery, and commitments run around 5,000,000 bushels. The tone of oats is fairly strong, due to the feed grain bull market, bus. the trade is narrow and under the influence of the other grains. Chicago Grain Table —Dec. 26 WHEAT— . „„ Prev. High. Low. 12:00 Close. Dec 1.25 1.24% 1.24% 1.25% Mar 1.31 1.30 1.30% 1.31% May 1.35 1.33% 1.34 1.35% July 1.36 1.34% 1.34% 1.36% CORN— Dec 92% .91 % .91% .92% Mar 94% .93% .93% .94 May .96% .95% .95% .96% July 98% .97% .97% -98 OATS— Dec 47 .46% .46% .47% Mar 48% 48% .48% .48% May 49% .49% .49% .49% July 48% .48% .48% .48'/! RYE— Dec 1.06% 1.06% 1.06% 1.06% Mar 1.06% 1.05% 1.05% 1.06% May 1.05% 1.04% 1.04% 1.04% LARD— Dec 10.00 9.95 9.95 10.05 Jan 10.17 10.17 10.17 10.25 Mar 10.40 10.40 10.40 10.45 May 10.65 10.65 10.65 10.72 RU Times Special CHICAGO, Dec. 26.—Carlots: Wheat. 5; corn, 112; oats, 21; rye, 169.

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 rata, were: _ _ Wheat—Firm; No. 2 red. $1.23'/ 2 ® 1.25%; No. 2 hard. $1.18%®1.20%. Corn —Firm: No. 4 white, 79%@81%c; No. 5 white, 776@79%c: No. 4 yellow, 79%©> 81 Vic; No. 5 yellow, 77%@79%c; No. 4 mired. 76%@78%c; No. 5 mixed. 74%@ Oats —Firm: No. 2 white, 44®45c; No. 3 W Hay—Steady: No. 1 timothy. $15.50® 16; No. 2 timothy. [email protected]; No. 1 light clover mixed, $14.50@15. —lnfections Wheat—No. 2 r.d. 1 car; No. 4 mixed, 1 car; sample. 1 car. Total. 3 cars. Corn—No. 4 white. 1 car; No. 5 white, 2 cars; No. 6 white, 2 cars; sample white, 8 cars: No. 1 yellow, 2 cars; No. 3 yellow. 1 ca” No. 4 yellow, 3 cars; No. 5 yellow, 7 cars; No. 6 yellow. 9 cars: No. 4 mixed. 1 car; No. 6 mixed. 1 car; sample mixed. 3 cars. Total. 52 cars. Oats—No. 2 white. 6 cars; No. 4 white, 5 curs. Total, 11 cars.

On Commission Row

FRUITS Apples—Delicious, box extra fancy. $3.40: choice. $2®)2.25; Jonathans. $2.75; Golden. $3.25: New York Duchess $2.25® 2.50: Gravenstein. $3: Wolf River. $2.50: Staymen Box. *2.75. „ Cranberries—s 4s. 35-lb. box: $8.25 a 50-lb. box. Grapefruit—Florida. $6.50@7. Grapes—California, seedless. $3.50 • crate; Emperor. [email protected] a crate. Lemons —California, a crate. $13.80® 14. Llr es—Jamacla *2®2.50. Oranges—California Valencia. $4.50ffi8.50 Strawberries —$1.35 a quart. Tangerines—s3 50 a crate. VEGETABLES. Beans— Florida $4.75@>5 a hamper. Beets—Home-grown doz. 40c Carrots—California, crate. $3.50. Cabbage—s3.so a oarrei. Celery—Michigan 90c: Idaho. IJ3 * dozen bunches. Cauliflower—Colorado, crate. $3. Cucumbers—Florida, $7 a crate. Eggplant--$2.50 a dozen; $6 a hamper. Kale—Spring, a bushel sl.3s Lettuce—California Iceberg. $6.50 8 crate: home-grown leaf a bushel. $1.65. Mustard—A bushel. *l. Onions—lndiana vellow $2.25 lOO-ib oag; white. 50-lb bag $1.78. Parslev—Home-grown doz bunches 48c Peas—California. $8 a hamper. Peppers—Florida $9 a crate Potatoes—Wisconsin and Minnesota wnite. $4.50®4.75 a 160-lb. bag; Red River Ohios 120 lbs. $3.90: Idaho Russets. $4. Radishes—Button hothouse dozen Oc Southern long red 15®25c dozen Sweet potatoes—lndiana Jersey. $2.75 a bushel No. 2. $1 65 a bushel: Nancy Halls. $2 a hamper. Tomatoes—California. $3 e bag: hothouse. $1 85 a 8-lb. basket. CUEsTBETTER AIR NEED Scientist’s Experiments With Rats Show Helium Good for Humans. Bit United Press LONDON, Dec. 26.—1f the experiments of Dr. J. Willard Hershey are accepted as proof, the human race needs an entirely different brand of air than it is now using. In experiment with rats, he has found that air in which helium is substituted for nitrogen, is better than regular air. Air composed of 25 per cent oxygen and 75 per cent argon is also found to be better than the air we now breathe. CHURCHES NEGLECTED Fundamentalists Region Reports Small Religious Group. Bv United Press _ _ _ . MEMPHIS. Tenn., Dec. 26.—But little more than one-third of the persons living in Tennessee, Mississippi and Arkansas—reported stronghold of Fundamentalism—are listed as church members. In Tennessee 39 per cent are listed as church members; in Arkansas, 33 per cent, and in Mississippi, 44 per cent. This compares with 60 per cent church population in Connecticut and New York state and 49 per cent in Minnesota. In the Air Wind, south, 10 miles an hour; temperature, 31; barometer, 29.95; ceiling, unlimited; visibility, 4 miles; slightly hazy; six inches snow on field.

Changes Mind > vi ’ \ / : :

It’s a woman’s right to change her mind, and Helen Lee Worthing, actress, has exercised it. She filed suit fer annulment against her husband, Dr Eugene C. Nelson of Los Ange'es, and then, a few days later, decided to return to him.

JURY TO PROBE TAXI SLUGGING One Bound Over; Try Four Companions Friday. One of five men arrested Wednesday in connection with the slugging of a taxi driver and theft of his car Tuesday night was held to the grand jury today and trials of others were set for Friday. Owen Hawkins, 19. of 739 Buchanan street, waived preliminary hearing before Judge Clifton R. Cameron in municipal court and was bound over under $2,000 bond on charges of vehicle taking and assault and battery. John Essex, 21, of 1150 Spann avenue, charged with operating a blind tiger and with assault and battery; George McDaniel, 19, of 1068 Hosbrook street, charged with vehicle taking; Charles Doyle, 19, of 1322 Spann avenue, charged with vehicle taking, and James Gates, 19, of 1069 Hosbrook street, charged with vagrancy, wilj come before the municipal court Friday. The five are held on charges by George Dailey, 3708 West Tenth street, taxi driver, that he was slugged and beaten in the 1100 block on Shelby street by the men, who drove away in his cab. He identified McDaniel and Doyle at police headquarters today, police said. Essex and Doyle were found at the former’s home, asleep in bed with shotguns within reach, police said. PARIS HONORS HERRICK French Council Authorizes Fund Collection for Monument. By United Press PARIS, Dec. 26.—Public collection of funds for a monument to the late Myron T. Herrick, American ambassador to France, was authorized by the municipal council today. The monument would be placed in one of the public squares. President Dandigne of the council said: “Paris remembers that Herrick protected our menaced city in 1914 and did everything possible to protect our artistic treasures and monuments. Paris keeps his memory in her heart.” ACTRESS IS GAS VICTIM Jeanne Helbhmg Found Overcome by Fumes in Apartment. B-v United Press PARIS, Dec. 26. The Alsatian movie actress, Jeanne Helblung, 26, was found unconscious from gas in her apartment today. Miss Helblung was found by servants. Police were unable to determine whether the actress had attempted suicide or had been overcome accidentally. She will recover. She has been starred in many French and German films. COPS BULLET-PROOFED Paris Policemen Equipped With Armor and Steel Shields. By United press PARIS, Dec 26.—Crime has broken out anew in Paris and to such an extent that police officials are equipped with armor and bulletproof vests to protect them in frequent skirmishes with criminals. A collapsible kit containing metal headgear and a sheet of steel to serve as a shield are also part of the equipment. ‘DERBY’ BURGLAR ON JOB Pass Key Thief Loots Apartment of SSO in Jewelry. Indianapolis’ “derby” burglar, user of pass keys in his robberies of homes, renewed activity Wednesday night. The home of H. F. Yeager, of 903 North LaSalle street, was entered and jewelry valued at SSO was taken. Loot included a Masonic pin, a.gold band ring, a watch and a pair of ear rings.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New Tork Stock Exchange Chicago Stock Excholie New York Cotton Exchange Chicago Board of Trade New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 5501

7 ■< . ....... r . . -■ <U KJA Asdsjy Av— %f

SIO,OOO FIRE BURNS FOUR STREET CARS One Destroyed. Others Are Damaged in Barn Blaze; Cigaret Blamed. One street car was destroyed and three others damaged, with total damage of SIO,OOO, by fire In the Indianapolis Street Car Company’s barns at McLean place and Illinois street at midnight. Ernest A. Pflumm, superintendent, said company officials believe a cigaret dropped in a car started the blaze after the car had been placed in the bams. The fire damaged four cars. The flames were in Section 1 of the barns, a difficult place to reach, and firemen had difficulty in getting hose lines laid. The damage is covered by insurance. Fire in the basement of the Marion Music Company’s store at 208 North Delaware street, late Wednesday afternoon caused damage oi $2,000 to stock. An electric fuse box started the fire, which was confined to the basement. SBB,OOO IS ADDED TO 1930 COUNTY BUDGETS Appropriations Lopped by' Coffin Move, Tacked Bark on. Ordinances calling for the additional appropriation of SBB,OOO which the county council cut from the 1930 budgets of several county offices three months ago have been prepared for the council’s consideration at the last meeting this year, Dec. 31. County Auditor Harry Dunn an ) need today. The ar; unt involved was clipped from the budgets Sept. 4 by a Coffin political majority of the council as a “political spanking” for county officers who would not “line up.” Whether the councilmen will allow the additional funds has been a matter of speculation, marked by objection of* the officers whoso operating expenses have been curbed seriously by the council’s action. The new ordinances provide for additional allowances to every office, except those headed by friends of George V. Coffin, former city and Seventh district Republican chairman. PHEASANT FLIES INTO KITCHEN BY WINDOW Woman Cooks Bird Out of Season; Wardens Puzzled Over Law. ft-j T.’nited Press PROVO, Utah., Dec. 26.—Going out and stalking the elusive pheasant is one way of obtaining a meal; sitting in your kitchen and waiting for a bird to fly in your window Is another. Mrs. H. S. Pyne believed the watchful waiting act Is more comfortable and just as sure as the stalking. She had hunted pheasants a few times, but without any luck. She sat in her kitchen and a beautiful big male bird crashed through the window and landed at her feet. She picked up the bird, plucked it and cooked it. Game wardens wd-e at a loss how to deal with the case, as the bird was obtained out of season. None of the state laws, however, governed the treatment of birds who crash through one’s window. PAYS WITH BRACELET FOR HIS NEWSPAPERS Indian Presents Silver Token to Aviator as Appreciation. Bv United Press FT. WORTH, Tex., Dec. 26.—Because Pilot George Campbell put a lonely Navajo Indian fifty miles south of Carthage, N. M., in touch with the outside world, he is sporting a silver bracelet. Flying over the lava beds, George sighted a lonely house below. He dropped a bundle of newspapers overboard, with a message for a white flag if the papers were received. They were, and George dropped other bundles. An Indian rode into Albuquerque and asked for the “man who flies.” The silver bracelet was forwarded to George, with a request for more papers by the Indian. RUBIO VISIT IS LAUDED Mexican Newspaper Speaks Highly of President-Elect’s Reception. By United Press MEXICO CITY. Dec. 26.—Today’3 visit to the White House of Pascual Ortiz Rubio, president-elect of Mexico, was hailed as of “tremendous significance’’ by the newspaper Excelsior today. It means that Ortiz Rubio and President Hoover will have an opportunity to continue the work of friendship begun by Ambassador Dwight W. Morrow and former President Plutarco Elias Calles, the newspaper said. “The United States wants to live harmoniously with its neighbor.” the editorial added. “We wish the same.” Pass-Key Burglar Gets $65 Using a pass-key to gain entrance prowlers robbed the Circle Coal Company, 1020 East Fortieth street, early today and obtained $65 from a filing cabinet drawer.