Indianapolis Times, Volume 41, Number 205, Indianapolis, Marion County, 6 January 1930 — Page 16

PAGE 16

STOCKS LAPSE AFTER STRONG OPENING GAINS Pressure Exerted Against Mercantiles Fails to Swing List.

Average Stock Prices

Atrrug* nt thirty Industrials lor Saturday was 248.R5. up 1.88 Average of t*entv rail* ** 144.85. up 99. Average of twenty utilities rva 88.03, up 1.12. Average of forty bonds was 94. up .04. B’l f'nltrd Press NEW YORK. Jan. o.—After a strong opening and further early gains in active turnover, the stock market today lapsed into lethargy fctth prices- turning irregular. Changes generally were narrow Around noon the of price.; showed gams despite pressure exerted against the mercantile issues and profit-taking in the motors ( Utilities were mixed as were the rails. Leading industrials were steady to firm. Evidence of a better condition in the copper industry' spurred buying of copper. It was said that American Telephone and Telegraph had placed orders for large tonnage ot copper to be delivered throughout 1930 and that General Electric also was in the market for the metal. Anaconda rase 1 % points and fairly active trading was done in Kennecott around the previous close while American Smelting and Cerro De Pasco were steady to firm. There was still enough pressure exerted against the issue by bears who look for lower prices in copper shares and who believe the present move to raise prices of the Issues is artificial and based on artificial holding up of the price of the metal in the face of reduced demand. United States Steel firmed up but lost part of its gain the previous close. Johns-Manville spurted more than 6 points. Smaller gains were made by Standard Brands, Radio, some of the cigar store issues and Fox Film A, Columbian Carbon gained 2 points. Montgomery Waid, Wool worth and Sears. Roebuck met selling pressure which also was noted in such utilities aa Standard Gas and American and Foreign Power. General Electric lost all of its early rise.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank cloarings Jan. 6. $5,607,000; debits. $6,991,000. CHICAGO STATEMENT ’ i> United Press CHICAGO. Jan. fi.—Bank clearings, $97,- • 000.000; balances. $6,600,000. NEW TORK STATEMENT Hv T'tiili and Press N7W YORK. Jan. 6.—Bank clearings. $847,000,000 clearing house balance. $202.000.000. federal reserve bank credit balance, $188,000,000. TREAIRY STATEMENT Bu T'nited Pri* WASHINGTON. Jan. 6.- Treasure net balance Jan. 3, $168,246,325.00; customs receipts for the month to that date totaled *2.398.607.86.

In the Stock Market

(Bv Thomson & McKinnon 1 NEW YORK, Jan. 6.—With so much depending on a successful rear in the motor industry, it is refreshing to note the reaction to the first day of the automobile show. Competent observers seem agreed that both mechanical and body improvements have created a deep impression upon the immense crowd of visitors, and executives inform us that prospective buyers are as plentiful as at. any exhibition in recent years. The old line com- ' ponies covering the price range from below SI,OOO to the highest priced models, seem to attract the greatest crowds. This was particularly noticeable in the exhibits by General Motors, Studebaker, Chrysler, and Hudson. There is considerable optimism among dealers and the opinion is freely expressed that a drop of not more than ten percent in sales was likely from last years record breaking business. Certainly to all appearances, a normal, satisfactory year in the industry is assured. Already the steel mills have begun stepping up production as a result of fresh orders from the motor industry and expansion in other industries directly concerned should not be long in following thus lead. With " many of the best motor shares selling at less than ten times earnings we can not help but feel that the upward movement started last week could carry much further. The pos- ' sibility of a reduction in the english • discount rate this week affords additional reason for anticipating the improvement in the market which \v believe we shall see.

Births Boy* Arthur and Da'..-v Worth, 67 North Warman. , , Ralph and Lucilr Leper. 122 1 Park. 1 CiirLs Henry and Carrie Gerdts. 1425 Orange. Twins Eugene and Efite Montgomery. 2616 North Olnev. boys. Deaths Rose Morris, 70. 4325 Wlnthrop. chronic myocarditis. , William D. Nichols. iS. 1421 Ashland. : chronic myocarditis. _ Florence Spence. 34. 3735 North Emerson, i pulmonary- tuberculosis. Karl Charles Haas. 66. 505 Buchanan, gangrene of foot. . , Harris Cohen. 64. Methodist hospital, cerebral hemorrhage, __ _ Eugene Hatfield 46. 852 West Tenth, parenchymatous nephritis. Witcher Taylor .65. 73S Indiana, acute mitral insufficiency. „ _ . Hannah Bowman. 73. 88 West Pratt, arteriosclerosis. , Fong G. Buev. 48. 118 West Ohio, acute dilatation of heart. . . Reva F. Main, 64, 3615 Station, cerebral apoplexy. Nathan Dykes. 46. city hospital, hypostatic pneumonia. Vera Hardison. 27. etiy hospital, dia--1 betes mellttus. ' Frank V Robinson. 53. 218 North Senate. cerebral hemorrhage. Lillian Wilson Bee* 70. Spink-Arms. acute dilatation of heart. Nannie Saviors. 65. 1924 Columbia, chronic mvocardttis. Nellie Harper. 26. 1047 North Belmont, septicaemia Merlin Wollam. 49. Methodist hospital, m ’SteLan Harold. 4. Riley hospital. diDhthtriie Charles W. Koss. 78. 2029 South Meridian. chronic myocarditis, i Laura R. Coffinberrv, 86. 5739 Broadway terrace, cardiac renal disease Alexander Starks. 77. 17 West Riverside drive, acute cardiac dilatation.

New York Stocks _ . By Thomson At McKtnnom '

—Jan. 6 j Railroad*— Pri>v. High. Lot . 12 90 rioiw*. 1 Atchison .... , .219% 219% 219*. 221 raw A- Ohio ....116% 118 118 116 • e i Canadian Pac ..190 183 189 189% 1 Chf&a A: 0hi0...204 204 204 I Chexa Corn 84 63% 84 1 Baldwli 34', 33 . 3'a 34’, | Chi A- N West... 84 ! e 88 84 84% I Chi Grt West 15'2 C R I A- P 118’* |ni A Hudson. .182’. 182', 162’, . _ I bn* 57% 57 s * 57 s * 57• I Erie Ist pit . fi l % I Grt Nor 97’, 87 , 37'* . . I Gulf Mob AOH 81 80', 81 80 , 111 Central .. .131 130’, 131 130. iLo'iANash ... 131 s * 131'. 131 ’a 132'. 1 Mo Par . 88'-* MK A T 49% 49 49 49', I Mo Par pfd . 135% IW. 135 * 135 IN Y Centra!.. .189', 188', 169 * 178'. N Y C A St L. 130 130 130 13C% IN VHH&H...M2 111 'lll 1 '-2 | Nor Pacific. ... .. . 36 Norfolk A; West 226 Pennsylvania . 73’, 73', 73', 73 . I P A- W Va 116 I Heading ... 123 I Seal) and Air L Pr 26 26 26 26 Southern Ry 132’. 132 132>* 132 Southern Pac . ... 122% S' Paul 24 s * 24', 24 s , S' Paul pfd 431 i 43'* 83 43'! St I, A- S W 60', 60 60', 60', Union Pacific 217', 217% 217% 218’, We-.! Maryar.u; . 26‘, 26 26 26 Wabash 52 s , 52 52 52', West Pac 22', Rubber*— Ajax I"! l v * 1 1 3 4 Fisk 34 \ 34 3F* B 34 3 4 Goodrich 44 3 a { 43 43 ! * 43% Goodpar .67 65% 65% 65 Kt'Js-Spgfld . 4 s , 4 4', 3% Le*i 7', 7 7", ... United States... 27’, 26 26 26 5 , Equipment*— An: Car A; Fdy.. .82 Am Locomo iv, 105 104 • 1 104', 104 s . Am S'ee' Fc 49% 48', 48'a 4j_ ■ Am Air Brake Sh .. ... ... 4 %' Man Elec Sup .26% General Klee ..247 s * 245' - 246_, 246 - Gen Rv Signal.. 88 37% 87 s , ... Gen Am Tank ..106", 105', 105", 106', N Y Air Brake.. 45% 85 46’i 45 Pressed Stl Car.. 9 9 9 8% Pullman 87ti 85 86 8/1* Westingh Air B 46 45 s , 46 46 Westingh Elec . 146144 145•** 145

Steel*— , Am Rol Mills. . 89 s , 83', 84 s , 81’, Bethlehem . . 94', 93'., 93% 93 ; Oolorado Fuel. 42 39 s t 40', 41 Crucile 89 s * inland Steel .... —., ‘3 oils 32', 321, 32 -, 32% Rep Iron A Stl.. |s_, 75 /5 >6 Ludliim 33's 33 s , 33', 33 - Newton 17 16 16 17 U S Steel 170 s , 168 i 169 , 169', Alloy 32 s , 31 s , 31 s * ... Vanadium Com 53% 2% 52 * al-4 Motor*— Am Bosch Map. . . •••., 43 . Briggs 17 16',16'2 la's Brockscav Mot.. 14', 13 s , 111 13'* Chrysler Corp.. 38% 37% 37 T 3B Eaton Axle .... 31 29 s . 30 , 29% Graham Paige... 10‘, 10' 10% 10;* Borg Warner.. 35 34% 34', 34', Gabriel Snubbrs 6 6 6 6 General Motors.. 42 41 s , 41'. 41% Elec Stor Bat.. 71% 70 s , 70_, ..._ Hudson 62 s a 60', 60 s , 61*8 Haves Body Cor 8 8 8 8 Hupp .4 24 s * 23% 24 24'. Auburn 200 195' , 195' i 204 Mack Trucks... 73 s * 73% 73' • 73% Marmot! 27 s * 26'* 26% 26 Reo 12 12 12 12 Gardner 4'i 4 4 4', Motor Wheel... 27% 27-X. 27 7 , 27 Nash 58", 57>, 57'* 57 s ; Packard 17% 17 17 % 17' , Peerless i ... 7 Pierce Arrow .. 26 Studebaker Cf. 45 s * 45 45 43 %■ Stew Warner.. 403 39 7 a 39% Timken Bear.... 80% 78', 78', 79', Willys-Overiand. 9’,2 9'a 9's 9 White Motor 31 7 s Mining— Am Smelt & Rfg 787* 74 s * 74 s * 74', Am Metals .... 47 47 47 46 s , Am Zinc 9'2 Anaconda Cop.. 77 75 1 /* 76% 75 Calumet A Ariz 86% 85 85% 85% Calumet Ac H 31 30 s , 31 30', Cerro de Pasco. . 64"a 63'2 64', 63 s i Dome Mines.... 7 7 7 Granbv Corp ~ 56 54% 56 54 Ot Nor 0re.... 20'/, 20', 20’5 20', Inspiration Cop.. 27% 26 5 , 27', 26 s , Howe Sound .... 39% 38 5 *335,9 5 , ... Int Nickel 32'2 32 32', 32 Kennecott Cop.. 60i 59', 59% 60 Magma Cop .... 50 49 49', Miami Copper .. 29 28 28%i 28 Nev Cons 29% 29% 29 s * 29 Texas Gul Sul.. 57% 56 1 * 56', 57 s , .St Joe 49% 49 7 a 49 7 a 49', U S Smelt 35 34 s * 34% 34 s * Oils— Atlantic Rfg.... 89 38% 39% 38', Barnsdall <A• .. 23% 22 s * 23 7 , 23 s , Freeport-Texas.. 43% 42% 42 s s 43 Houston Oil ... 54', 54', 54', 38’, Indp Oil A Gas.. 23 23 23 23 s * Conti Oil 23% 23'4 23% 23 Mld-Cont Petrol 28 271* 27 s * 27 Pan-Am Pet B 60 Phillips Petrol.. 34% 34 5*337, s *337,4 7 , 35 Prairie Oil 52 52 52 52 Prairie Pipe ... 59 Pure Oil 24 24 24 24 Royal Dutch ... 53% 53% 53% 53% Richfield 24% 24', 24', 24% Shell 23% 23’* 23% 23', Sinclair Oil ... 24 s * 24’* 23% 24% SkeUy Oil . 31 Std Oil Cal 61% 60% 60% 6!’, Std Oil N J .... 66 65% 65% 65% Std Oil NY... 33V* 32 7 s 32% 33 Tidewater 12 s * 12% 12% 12 s , Texas Corp .... 56% 55% 55% 55% Texas C At 0... 10% 10% 10% ... Transcontl 9% 8% 9% 8% White Eagle 27 V* Industrials— Adv Rumlev ..... . . 12% Allis Chalmers.. 51V, 50% 50% 50% Allied Chemical ... 263 A M Byers .... 92% 89% 91 _ 91 Armour A 6% 6% 6% 6 Amer Can 121% 120 121 120% Alleghany Corp. 24% 23% 23% 24 Am Safety Raz 60 Am Ice 39% 39% 39% 38 s * Assd Dry Goods Bon Alum 54 53 53 53% Conti Can Si’s 51% 51% 52% Crosley 19% Congoleum 14% 13% 14 14% Curtiss W ..... 7 s * 7 s * 7% 7% Davidson Chem. 29 29 29 Dupont 120 118 119 119 V s Famous Players. 51 49% 50% 50;‘i Gen Asphalt ... 50% 50', 50 s * 50% Fox A 23% 21% 22% 22 Gold Dust 39% 38% 39 39 Glidden 33 32% 32% ... Int Harvester.. 82 81 81 19% Kelvinator .... 7% 7 Lambert .100 99% 99% 99% Link Belt . Loews ... • • • 44 May Stores •••_. 52 2 Kolster 4 3;, * 4 Montgom Ward. 47 45% 40% 46 Natl C R 76% 76 s * 76% 76 Radio Keith ... 20% 19 s * 19% 20' 8 Owens Bottle... 53 52 1 < 53 54 Radio Corp 43 7 s 43’ 8 43 1 # 1 Rem Rand W". 29'* *27% *27% 27% Sears Roebuck. 85'4 82‘1 83 2 *} s Union Carbide .. 80 79 80 i9 Warner Bros ... 41%. 40% 40% 40's Un Air Craft ... 50 48'* 49% 49 b Unlv Pipe 3% 3% 3 a 3 US.Cs Ir Pipe. 19% 19% 19% 19 U S Indus A1c0.136% 133% 133% 135 Worthington Pu. 73 73 /3 ‘ 2 ;* Woolworth Cos .. 68% 6i 67 69 a Utilities— Am Tel Ar Tel ..222 221 221 221 Am Pr &Lt 83 81% 81% 81's

Produce Markets

Eggs iCounty Run > —Loss off delivered in Indianapolis. 40c: henerv quality. No. 1. 45c; No. 2. 35c; No. 3,30 c. , Poultry (Buying Pricesi—Hens weighing 5 lbs. or ever. 24c: under 5 lbs., 21c; Leghorn hens. 15c: springers, 5 lbs. or over 21c: under 5 lbs.. 18c; Leghorn spring 15c; stags ,14c; cocks. 12ft 14c: geese, full feathered, fat. 14c. These prices are for No. 1 top quality, quoted by Kingan & Cos. Butter i wholesalei—No. 1. 404/41c: No. 2, 39M 40c Butterfat —38c. Cheese (wholesale selling rice per poundi American loaf. 35c; pimento ;oaf. 3.c: Wisconsin firsts, 27c; Longhorns, 27c: New York limberger, 30c. ftu T’nitcd Prep* CHICAGO. Jan. 6.—Eggs—Market, firm: receipts, 3,936 cases: extra firsts. 46e47c: firsts. 48c: ordinaries. 35m 42c; seconds. .8 35c. Butter -Market, steady: receipts. 10.631 tubs; extras. 35c: extra firsts. 34m 3i'-c firsts. 31M 33c: seconds. 29?i29'.-r; standards, 35c. Poultry—Market. firmer; receipts, 4 cars; fowls. 27c; springers, 23’;c: Leghorns. 20c; ducks, 19c: geese, 16c turkevs. 24c; roosters, 17c. Cheese — Twins 20 1 • I 20 3 iC: Young Americas, 23c. Potatoes—On track. 252; arrivals, 148: shipments. 1.015; market, steady: Wiscons::t sacked Round Whites. $2.40m 2.55: Minnesota and North Dakota sacked Round Whites. $2.30m 2.35; Idaho sacked Russets, $2.90 0 3.10. B T'nitni Pres* NEW YORK. Jan. - Flour—Steady, but cull: spr.ng patents, *6.65m 7.15. Pork— Dull: ntess. $26.50. Lard—Easy: middle west spot. *18746 * 10.55. Tallow - Steady: special to extra. 7 s 4i7*c. Potatoes—Firm: Lore Island. $2.50 ■; 6.50 barrel: southern. $l -,i i.50 sack; Maine. 54.25 m 5.40 barrel: Bermuda *4.50ti1l barrel. Stveet potatoes Dull: Southern, basket. SlmT.5O: Jersey. 50c $2.35 baske-. Dressed poultry Dull: turkevs. 23 1 40 c: chickens. 245' 40c; capons. 27m 44c; fowls. 18 1 34 c: ducks. IS*** 25c ducks. Long Island. 23m 26c. Live poo It ft Dull, geese. 15 (20c: ducks. 15m 21c; fowls. 28m 33c; turkevs, 30c: roosters. If 117 c: chickens. 20 m 25c: broilers, 28m 34c Cheese- Dull: state whole milk, fancy to special. 26m26*jc; voting America. 22 25c Butter- Market, quiet; receipts. 6.322: creamery extras. SISSI'ac: special market, 38 '3B'jC. Eggs—Market, firmer: receipts. 12 423 nrarbv white fanev. 49h53c: statwhites' 43 1 48 c: fresh firsts. 46M46'2C; pacific coasts. 44'<f49c: White westerns, 46c; nearby Browns, 50'.’ 52c. ft T nilrd Prrsß CLEVELAND. Jan. 6.—Butter—Extras. 39c- extra firsts. 3SM3B'c; seconds, 294 29 1 -c. Eggs-Extras. 45c: firsts. 43c. Poultry Fowls. 30c: medium. 28c: Leghorn. 25c- heavy springers ,30c; Leghorn springers 23c: ducks. 20m24c; old cocks. 18: geese. 20c. Potatoes—Maine Green Mt . $4 50 per 150-lb. sack: Idaho Russet, 54.25 W 4.50 per 100-lb. sack.

Fng Pub Serv . 41% 40% 40', 40 Am For Power.. 96 93 94 94 s , Am Wat Wks .94 92 92 93% Gen Pub Serv... 35% 34% 34', 34% Col G A E 77% 75 s , 76% 76% Consol Gas 101 s , 99% 101 100 Elec Poz. A- Lt.. 53 31 % 52% 51 s , Int TA- T 75% 74% 74% 74 Nor Am Cos 96 96 96 97% Par Light 77 s , 77’-* 77 s * 77 s * Pub Serv N J . 86% 84% 85% 36% •So Cal Edison . 58 57% 57% 57% Std Gas A- El .117 113 s , 115 116% United Corp . ... 32% 31% 31% 32 Utilities Power. 31% 31% 31% 31% United GA- Imp 33% 32 s . -33 s , 33 s , West Union Tel. 197 s * 196 s , 197 s * 196 s , Shipping— Am Inti Corp .. 38% 38 38 38% Am Ship A- Com 1% 1% 1% 3 Ati Gulf A W I. 75% 73% 75 72% lilt] Vcr M pfd 30% 29%. 29 s , 29% United Fruit ..102% 102% 102% 102 . Foods Am Sug Rfg .. ... 63 s * Cud hay ... 72% Beechnut Pkg . 62 62 62 California Pkg . 66% 66 5 , 66% ... Canada Dry .... 64% 63 s , 63 s , Corn Products... 90% 89% 89% 90 Coin Bak A 44 7 s 44% 44% 44% Borden . .. 65% Cuban Am Sug . . 7% Hershey .... ... 78 77 77 76 Grand Union ... ... ... 14 Grand Union pfd .. ... ... 37% .Jewel Tea ... ... 46 Kraft Cheese ... 39% Kroger 45 44% 44% 44% Loose Wiles .... 52 51% 52 51% Nat! Biscuit 184% 183 184% 181% Natl Dairy 49% 48%, 48% 49 Gen Foods 47% 47% 47% 47% Loft 4%. 4 4 4 Stand Brands . 27% 27% 27% 27 Ward Baking B. 4% 4 4 Tobaccos— Am Sumatra ... 20% 20 s * 20% 20% Am Toh B 203% 201 201 2ul Con Cigars 47 5 , 46 s * 47 s * 44 Lig A- Meyers... 97% 97%, 97 s * 98 Lorillard 17% 16% 17% 16% R J Reynolds .. 50% 50 50 49% Tob Products B. 33 3 United Cigar St. 4% 4% 4% 4 Schulte Ret Strs 5% 5 5% 5

TRADE INCREASE PROPHESIED FOR ALL INDUSTRIES December Retail Reports Are Greater Than Last Year. BY RICHARD L. GRIDLEY Inited Press Financial Editor NEW YORK. Jan. 6.—Eyes of the business world were generally focused on December trade statistics and forecasts for 1930 during the past week, while post-holiday influences caused further seasonal contraction in some lines of industry. ’ December reports of various mercantile organizations were invariably more satisfactory than had been anticipated, while business leaders in general were inclined to prophesy a highly satisfactory year. According to leading retailers, Christmas trade generally surpassed that of a year ago and in some instances registered an increase of as much as 15 per cent. Several makers of low-priced automobiles surpassed the December, 1928, production figures. Sears-Roebuck December sales were 27.8 per cent above the same month of 1928, while Montgomery-Ward December sales showed a gain of 12 per cent. Steel Production Up December steel production fell to 40 per cent before the holidays, but shot up to 55 to 60 per cent at the end of this week, Other lines experienced similar revivals from the holiday lull. The steel trade is described as showing substantial improvement due to renewed railroad and automobile demand and one authority predicts a return to at least 85 per cent in operations in the industry within the next two months. Ford activity is credited with the strongdemand for steel products. The annual winter showing of new automobile models at the New York show, which opened Jan. 4,.is being closely watched, by students of economic conditions. It is agreed that demand stimulated by this showing will be a key to the state of the nation’s buying power. Money Market Steady Action of the stock market is also being watched closely as a substantial trade revival in the next few months will undoubtedly be discounted in advance in the stock market. A significant development along this line has been the recent strength in automobile shares, which is reported to presage the expected brisk demand for new automobiles. In the agricultural districts, conditions are described as good. November farm implement sales, an important farm buying power index, increased approximately 25 per cent and prices of farm products are showing stability. Reports from San Francisco, Dallas, St. Louis, Chicago and Kansas City are uniformly optimistic and leaders at those centers show no concern over the future trade. Crecht conditions in most centers have shown signs of substantial easement during the last few days and the year-end money turnover has been accomplished with scarcely a ripple in the money market.

The City in Brief

TUESDAY EVENTS Indianapolis Republican Veterans luncheon. Board of Trade. Indiana Duroe Swine Breeders' Association. Severin. Kotarv Club luncheon. Clay-pool. Gvro Club Inneheon. Spink-Arms. Mercator Club luncheon. Columbia Club. Purchasing Agents’ Association luncheon. Severin. American Chemical Society luncheon. Chamber of Commerce. Thi Gamma Delta luncheon. Chamber of Commerce. Cnivcrsitv of Michigan alumni luncheon. Lincoln. Exchange Club of North Indianapolis luncheon. 381*1 College avenue. Alliance Francaise luncheon. SpinkArms. Countv Board of Agriculture meeting. Clay pool. Indiana Chester White Breeders Association. Cl.iypool. Indiana Association of Auctioneers, Severtn. 'ndLvna Association of County and Dir-trict fairs, Claypool. Professor Clide E. Aldrich of Butler university will address the •Alliance Francaise Tuesday night in the Rauh Memorial library, 3024 North Meridian street. Burglars got S3O in cash from the Henry Trittipo grocery at 1831 Ingram street Sunday night. Miscellaneous tools _ and material valued at $l5O was stolen the Washrack Laundry Company at 1414 Cornell avenue.

THE INDIANAPOLIS TIMES

PORK MARKET STEADY TOIO CENTS LOWER Cattle and Veal Prices Unchanged: Sheep Sell Higher. Dvc. Bulk. Ton. Receipts. 28 $9.85 $9.85 6.000 3tr 10 10 10.10 6.000 31. 10.00 10.00 12,000 Jan. 2 9 90 9.95 10.000 3' 10 15 10.20 6.500 4 10.00 10.10 5,500 6.’ 10.00 9,90 8.500 Hog prices were mostly steady to 10 cents lower than Saturday's average, at the Union Stockyards. The bulk. 160 to 300 pounds, sold at $9.90 to $lO. Butchers scarce, and a good and choice grade were largely steady. Receipts were estimated at 8.500; holdovers 340. Cattle slow and* scarce with indications pointing to an unchanged market; slaughter classes little changed. Vealers generally steady, selling at $16.50 down. Sheep and lambs were largely 25 to 50 cents higher than Friday's best prices. Better grade of good and choice lambs were selling at sl3 to $13.75. Chicago hog receipts 68.000. including 28,000 directs; holdovers 10.000. The market active to shippert; and traders, and 10 to 15 cents lower than Saturday's average, or steady to strong with Friday's best prices. Choice of 170 to 210 pound weights were selling at $9.75, choice on 260 to 270 pounders sold at $9.60. Cattle receipts 21.000; sheep, 15,000.

—Hogs— Receipts. 8,500; market, lower. 250-300 lbs. and up $ 9A0 > 'l 9.75 225-250 lbs 9.90 200-225 lbs 9.90 160-200 lbs 10.00 130-160 lbs 9.60 ft 9.85 90-130 lbs 8.75 ft 9.40 Packing sows 7.75 ft 8.50 -CattleReceipts, 500; market, steady. Beef steers, 1,100-1,500 lbs. good and choice $12.25ft 15.50 Common and medium 9.50 ft 12.25 Beef steers. 1,100 lbs. down, good and choice 12.50 ft 15.75/ Common and medium 9.50ft'12.50 Heifers. 350 lbs. down, good and choice 12.50ft.15.00 Common and medium B.ooft 12.50 Cows 8 50ft 10.00 Common and medium 6.50 ft 8.50 Lower cutter* and cutters ... 4.75 ft 6.50 Stocker and feeder steers, good and choice 8.50 ft. 11.00 Common and medium 6.soft* 8.50 —Veals— Receipts, 400; market, steady. Medium and choice ,$12.50ft16.50 Cull and common 7.00 ft 12.50 —Sheep— Receipts, 500; market, higher. Lambs, good and choice $13.00 13.75 Common and medium 10.00 ft 13.00 Ewes, medium to choice 4.00 ft 6.00 Cull and common 2.00 ft 4.00

Other Livestock By United Press CHICAGO. Jan. 6.—Hogs—Receipts. 68,000. including 28,000; market mostly 10 4;. 15c lower than Saturday; top, $9.85; bulk, 140-300 lb. weights, $9.50®<9.85: weighty butchers mostly $9,504/9.65; pigs. $9.25'./ 9.75; butchers, medium to choice 250-350 nig.. $9,404(9.70; 200-250 lbs., $9,504(9.80: 160-200 lbs., $9,554(9.85; 130-160 lbs., $9.50 .09.35; packing sows. $84(9; pigs, medium to choice 90-130 lbs.. $9®9.75. CattleReceipts. 21.000. Calves—Receipts, 3,500; largely a specialty run on strictly good and choice fed steers and yearlings; others easy, weak to lower; finished yearlings top at $16.5.0; she stock weak; slaughter classes, steers, good and choice 1,300-1.500 lbs., sl2® 15.85; 1,100-1.300 lbs., $12.50® 16; 950-1,100 lbs.. $13(0,16.25; common and medium. 850 lbs. up. $8.504113,25; fed yearlings good to choice 750-950 lbs.. $13.254116.50: heifers, good and choice, 850 lbs. down, $12.25(815.75; common and medium, [email protected]; cows, good to choice. $8.50 ®10.75; common ana medium, $6.50® 8.25; low cutter and cutter, $4.50416.50; bulls medium and choice beef. $9.25 04 10; cutter to medium. $6,754(9,50; vealers milk fed, good and choice. $144(16; medium. $11.75(8; 14: cull and common, $7.254111.75; Stocker and feeders, good and choice all weights. $10.50® 11; common and medium. $8.25®) 10.25. Sheep—Receipts, 12,000: market active. 254(35c higher: bulk fat lambs. $13.50 4(13.75; earlv top. sl4; fat ewes held above $6.25; feeding lambs. quotable steady; lambs, good and choice. 92 lbs. down, $134(14.15; medium, $11,754( 13: cull and common. $10.50(8)11.75; ewes, medium to choice. 150 lbs. down. $5®>6.50: cull and common. $2.50415.25: feeder lambs, good and choice, $11.50® 12.65. Bu Times Special LOUISVILLE, Jan. 6.—Hogs—Receipts. 1.800: market, 25c lower; 175 lbs. up, $9.80; 130-175 lbs., $9.10; 130 lbs. down. $7.75; roughs. $7.85; stags, $7.25. Cattle —Re- : ceipts, 1.000: market, steadv: prime heavy steers, $11.50(8jl3: heavy shipping steers, $10®11.50; medium and plaiar steers, $8.50 4/10; fat heifers. sß® 13: good to choice cows. $74( 9: medium to good cows, s6®7; cutters. $5.5066; canners. s4®s; bulls. SS 9; feeders, $8610.50: Stockers. $7.5010.50. Calves—Receipts. 800: market, steady; fancy calves. sl4; good to choice. sll® 13.50; medium to good. $8610; outs. $8 down. Sheep—Receipts. 50; market, steadv: ewes and wethers. $12.50; buck lambs. $11.50; seconds, $54(8; sheep, s4®s. Saturday and Sunday shipments: Cattle, none; calves, 250; hogs, none; sheep, none. Bn United Press TOLEDO. Jan. 6.—Hogs—Receipts, 750; market.s(B 10c lower; heavies, $9.2569.50; mediums. $9.7069.85; Yorkers, $9.25® 9.50: pigs, $9.2569.50. Cattle—Recipts. light; market, strong. Calves —Receipts, light; market, strong. Sheep and lambs—Receipts. light; market, strong. Bn United Press CLEVELAND. Jan. 6.—Hogs—Receipts, 3.000; holdovers, none; strong to 15c higher; 150-300 lbs... active, bulk $10.40; pigs $10; sows, $84(8.25; stags. $6.25. Cattle—Receipts, 900; steers steady to strong; bulk. $10.50; few. $12,904( 13.50; only low quality under $10; cows 25c or more lower. Calves—Receipts. 700; active; #oc to $1 higher; better grade vealers upward to $18; top. $18.50; medium, sls®, 16.50: culls, $10.50(8 12. Sheep—Receipts, $2,000: ifmbs, 25c to 50c higher: bulk. $13,504( 14.25; heavies upward to sl2; sheep strong. By United Press CINCINNATI. Jan. 6.—Hogs—Receipts. 4.200: holdovers, 90; mostly 25c lower; bulk 160-260 lbs.. $10610.10: top paid freely for I 180-230 lbs., heavies slow around 300 lbs., - 59.50; bulk, 120-160 lbs., $9.75610; lighter I pigs. $9.50 down: bulk sows, $7.15'<(8. Cattle—Receipts. 1.000. Calves—Receipts. 300; dull steers over 1.000 lbs. fully 25c lower than Monday, yearlings, heifers and beef cows 25c lower; spots off more, low cutter and cutters steady, bulls 15625 c higher. $9.50 down; veals steady with 1 Friday, top, sl6. Sheep—Receipts. 150: better grade lambs 50c higher, others and sheep steadv. choice 70 to 80 lbs. lambs sl4: throwouts and bucks few. $11.50; good light ewes up to $5.50. Bu United Press PITTSBURGH. Jan. 6.—Hogs—Receipts, 5.000: market strong to 10c higher than Friday's top $10.65 paid for 140-200 lb. weights: 210-300 lbs. and few lightweights pigs. $84(8.75. Cattle—Receipts. 600; market generally steady; common and medium steers, $10613; few heifers. $8,504; 12; bulls. $84(9.50: fat cows. $7.00 6 9.50; cutter grades. $4.506 6.75. Calves—Receipts. 600: market. 50c lower; top vealers, sl7. Sheep —Receipts. 1.800: market 25c lower on lambs, sheep scarce, unevenly higher; bulk fat lambs. $12614; aged wethers, $6.50 4t7.50. Bu United Press EAST BUFFALO. Jan. 6.—Hogs—Receipts. 8.100: holdovers, 100: active to all interests 40c to 60c below Saturday's erratic market and 104; 20c over Friday's average; bulk 120-240 lbs.. $10.60; few. $10.65; 250-270 lbs.. $10.356 10.50; packing sows. $8.256 9. Cattle- Receipts, 1.750; steer quality very plain fairly active strong to 25c higher good yearlings. $13.50; medium and short $11.50 6 12; common steers and heifers. $9,254( 10.80: sot cows, $7.75 >"9.90; cutter grades. $4,25 6 6.50. Calves—Receipts 1.300: vealers mostly steady. $17.50 down. Sheep— Receipts, 8 600; lambs active 10'-; 25c higher; good to choice. *l4 14.75: medium and strong weights. $12,254( 13.25; yearlings wethers, $11,506 12.

Local Wagon Wheat

Citv grain elevators are paving sl.lß for No. 2 red wheat and $1.15 for No. 2 hard wheat.

Business — and — Finance

Hu I ii ifrii /’r< WASHINGTON. Jan. 6.—A return of 6.26 per cent a year to a street car company was held "clearly inadequate" by the supreme court today in a case from Baltimore. The United Railways and Electric Company demanded a flat 10-cent fare and an 8 per cent return, but the state public service granted a fare of 10 cents, four for 35 cents, and a 6.26 per cent return. The supreme court decision reversed the Maryland court of appeals which upheld the lower return. B.u Time* ,tv trial CHICAGO, Jan. 6.—The Warner Gear Company, a division of the Borg-Warner Corporation, has received orders to fill the transmission requirements of the Austin automobile, a British light ear, which is to be manufactured in this country by a company recently organized here. This announcement was made today by C. S. Davis, president of the Borg-Warner Corporation. Clutches for the Austin car will be manufactured by another subsidiary of Borg-Warner, Davis said. Net profit of The Citv Ice and Fuel Company for eleven months ending Nov. 30. 1.929. after all charges including taxes and depreciation, were $5,766,927. This compares with $4,847,982 for this period in 1928. a gain of approximately 19 per cent. Sales for first eleven months of 1929 totaled $26,616,348 comparing with $22,649,879 in same period of preceding year. During the past eight years, the fiftytwo largest legal reserve life insurance companies have increased their investment in public utility bonds and stocks six .and one-half times, according to a recent address by Frederick H. Ecker. president of the Metropolitan Life Insurance Company. At the close of 1929 these investments totaled $1,448,000,009, whereas at the close of 1921 they were only $223,605,000, i‘<i Timia Svti iai NEW YORK. Jan. 6.—December coiltracts' for engineering construction in the United States, totaling $166.2(8.000 compared with $237,097,000 in December. 1928. and was the lowest monthly total since March, 1925. engineering news-record reports. Awards announced throughout the country during the whole of 1929. however, reached a cumulative total of $3,950,000,000. a 10 per cent gain over 1928, when contract lettings aggregated $3,579.000.000. Directors of the Amerada Corporation have declared the usual quarterly dividend of 50 cents a share on the common stock, payable Jan. 31 to stockholders of record Jan. 15, The Simms Petroleum Company's No. 1 C-ofTce Well .recently completed in Glasscock Countv. Texas, has been placed on the pump and is yielding between 400 and 500 barrels daily under proration. Stockholders of the Trustees System Service Corporation will receive their thir-ty-sixth consecutive, quarterly dividend of 2' per cent for the quarter ending Dec. 31. 1929. checks for which will be in the hands of the stockholders by Jan. 1, 1930. The bank stock market during the second six months of 1929 passed through the most sensational movements in its history. The average price of fourteen leading New York institutions as compiled by ,Hoit. Rose & Troster, specialists in bank stocks, opened on July 1 at. .243, advanced to a high of 337 on Oct. 14, and then crashed to a low of 448 on Nov. 13. From that point the recovery was sharp, and the year closed with the average at 174. Hu Timrs Snrriril „ _ ... WASHINGTON. Jan. 6. —Commodity prices advanced one-tenth of one per cent for the week ended Dec. "8. according to the wholesale price index of the National Fertilizer Association. Neisner Brothers, Inc., for December reports gross sales of $2,684,813 against .$2,092,608 in December, 1928, an increase of $592,205 or 28.29 per cent. For the full year 1929 sales totaled $15,087,610. anew high record for all time. This total compares with sales of $10,292,115, the increase for 19.28 being $4,795,495 or 46.59 per cent. Raw silk futures transactions' on the National Raw Silk Exchange for December showed an increase of more than 200 per cent over December of 1928, totaling 19.715 bales as against 6.655 bales in the closing month of the previous year. Prices showed a strong recovery during the closing half of the month, quotations being 10 to 11 cents over the level prevailing during the first half of December, at which time prices were at low for the year.

SILVER BREAKS TO LOW LEVELS New York Declines to 44 Cents an Ounce. Bu United Press HEW YORK, Jan. 6.—Bar silver prices at both Hew York and London broke to new record low levels today, according to Handy &; Harmon, silver bullion specialsts. The price at New York declined to 44 : .'i cents an ounce, off 5 s cent from Saturday's price, while the London price broke to 22 :, s shillings per ounce, off 5-16 shilling from Saturday’s price. v A number of theories have been advanced for the decline in silver prices. Principal of these was the report that a large Chinese pool in the metal had failed and tlie fact that a number of countries are placing their currencies on a gold basis, instead of silver. This morning advices from the east said that five Chinese banks had failed on account of the decline in silver and this report hastened selling today. DIVIDENDS INCREASED Long Island Railroad Company Raise Rate to 6 Per Cent. It was announced late last week the board of directors of the Long Island Railroad Company declared a dividend of 6 per cent on the capital stock, to come out of 1929 earnings. This compares with 4 per cent dividend declared out of earnings in 1928. Practically all of the capital stock of the Long Island railroad company is owned by the Pennsylvania railroad company.

James T. Hamill & Company BROKERS Indlanapolie v MEMBERS Chicago Stock Exchange Chicago Board of Trad/* Indianapolis Board of Trade Associated New York Curh 203 Continental Bank Bldg. Tel. Riley 5497 Riley 549$

UNEVEN PRICES FEATURE GRAIN TRADE OPENING Effect of Russian Selling Felt in Liverpool Wheat Market.

Hu T'nitni Press CHICAGO. Jan. 6.—Wheat opened unevenly higher to lower on the Board of Trade today. Liverpool wa.s firm early on the light shipmens, but turned dull and declined to 5 2 cent higher. There was very little activity, with only scattered selling and fair buying support. Corn ar.d oats were affected by wheat, but varied in the minor fractions. At the opening wheat was % cent lower to ’* cent higher, corn was % cent lower to % cent higher, and oats was unchanged. Provisions opened easy. Liverpool opened stronger than expected this morning. But the sentimental effect of Russia's selling wheat is very depressing and has increased the bear pressure. The impression is that Russia will not become an important factor in the market. Domestic statistics are expected to be bullish and this may offset the bearish influences somewhat. Interest in corn is very light. The farmers are following their custom of marketing poor corn first, which is depressing the cash market. The crop is short but the futures are not advancing correspondingly, due to the fact that wheat is ruling the market. Oats remain in narrow limits, with the interest light. It needs inspiration from the other grains to acquire firmness.

Chicago Grain Table —Jan. 6 WHEAT— Prev. High. Low. 12:00. close. Mar 1.30% 1.28%. 1.29 s * 1.29% Mav 1.34 1.33% 1.33% I.32 s '* July 1.34 Vi 1.33 1.33 s * 1.33 CORN— Mar 91% .90% .91% .91 May 95 ,94 s * .94% .94% July 96 s * .96% .96% .96% OATS— Mar 47% .47 s * .47% .47% May 49% .48% .49 .18 Julv 48 .48 48 .48 RYE— Mar 1.04 s * 1.03% 1.04% 1.04 Mav 1.02% 1.01% 1.02 1.02% July 1.01 1.00% 1.01 1.00 % LARD— Jan 9.92 9.92 .9.92 9.95 Mar 10.17 10.15 10.17 10.17 May* 10.37 10.37 10.37 10.40 i?,?/ Times Special CHICAGO. Jan. 6.—Cariots: Wheat. 6; corn, 159: oats, 25; rye. 4, and barley* 7. NEW YORK COFFEE RANGE Jan. 4Higb- Low. Close. January 7.60 7.00 7.60 March 7.60 7.55 7.60 May 7.31 7.30 7.31 July 7.30 7.26 7.30 September 7.30 7.28 7.30 December 7.22 7.18 7.18

Continental Illinois BANK AND TRUST COMPANY CHICAGO Statement of Condition at Clo*e of Busmest, Dectmbtr 31, 1929 RESOURCES Cash and Due from Banks . £ 209,457,680.75 U. S. Gov’t Bonds *nd Tr***ury C*rtlficat* . 62,958,195.41 Demand Loans Secured by Collateral . . £252,161,783.50 Time Loans Secured by Collateral . 233,019,443.22 Other Loans and Ducounu 192,316,819.62 677,498,046.34 Bonds and Other Securities . . . 103,629,557.90 Stock in Federal Reserve Bank . . 4,200,000.00 Customers' Liability' undr utter* of Credit . 26,959,368.10 Customers’ Liability under Acceptance* . . 38,792,489.89 Other Banks’ Liability on Bills Purchased and Sold 34,325,143.36 Interest Accrued but Not Collected . 3,552,657.58 Bank Building 15,000,006.00 Other Real Estate 230,054.58 £1,176,603,193.91 LIABILITIES Capital £ 75,000,000.00 Surplus 65,000,000.00 Univided Profits 5,879,583.94 Reserve for Contingencies .... 10,000,000.00 Reserve for Taxes and Interest . . 7,021,612.73 Other Reserves 2,306,574.50 Bills Payable Federal Reserve Bank . 29,500,000.00 Liability under Letters of Credit . . 28,147,973.52 Liability under Acceptances . . . 38,983,011.82 Liability on Bills Purchased and Sold . 34,325,143.36 Discount Collected but Not Earned . 1,646,375.74 Denosits * Demand • £665,197,726.38 P (Time . . 213,595,191.92 878,792,918.30 £1,176,603,193.91 Deposits $ 878,792,918 Resources 1,176,603,193 Invested Capital .... 168,012,257 CONTINENTAL ILLINOIS COMPANY . CAPITAL £20,000,000 r>* TKr capital Mock of thl, Company la ownnd by tha atoekhnldon W tS* Continental Mi nob Bank and Trutt C*bsus

Indianapolis Stocks

—Jan. 6 Bid. Ask. American Central Lfe Ins Cos. 1.000 Belt R R <fc Yds Cos com 59% 63 •Belt R R <fe Yds Cos pref ... 55 60 Central Indiana Power Cos. p.. 88 93 •Circle Theater Cos common.. 104 Cities Service Cos common.... 27 s * Cities Service Cos pfd 90 Citizens Gas Cos common ... 34 42 Citizens Gas Cos preferred 98 99 Commonwealth Loan Cos pref... 98 Hook Drug Cos common 44 Indiana Hotel Cos C’avpool C. 125 Indiana Hotel Cos pref 100 ... Indiana Service Corp pref. 70 V Indianapolis Gas Cos comntou 55 60 Indpls Power A- Lt Cos pfd . 99% 10W Indpis Pub Welfare Loan As c. 51 Indpls St Railway Cos pref 27 31 Indpls Water Cos pref 96 ... •Inter Pub Serv C prior L pfd 98 101% Interstate Pub Serv Cos pfd. . 85 92 Merchants Public Util Cos pfd.loo Metro Loan Cos 97% Northern Ind Pub Serv C pfd . 93 98 Northern Ind Pub Serv C pfd 92 100 Progress Laundry Cos common 45 E Rauh Sc Sons Fertil Cos old. 50 Real Silk Hosierv Cos nfd ..90 Standard Oil Cos of Indiana 54% ... T H Indpls & Est Trac Cos of .. Terre Haute Trac A L Cos pfd .. ... Union Title Cos common 44 .->0 Van Camp Prod Cos Ist pfd... 93 Bobbs-Merrllt 29. 33 = Com Wealth Loan Cos pfd 7% 96% Share Holders Invest Cor 24 -8 •Ex Dl udend. 4 —BONDS— Bid Ask. Belt R R A Stock Yds Cos 4s. 85 Broad Ripple Trac Cos 5s .... 29 Central Indiana Gas Cos 5s Central Indian Gas Cos 55... 97'* 99 Citizens Gas Cos 5s 99 101 Citizens Street Railroad 55.... 48 49% Gary Street Rv Ist 5s .... 70 Home T A T of Ft Wayne 6s. 102 Indiana Hotel Cos 5s 97 ... Ind Northern Trac Cos 5s .... 3 Ind Railway A Light Cos 55.. 9a 9i Indiana Service Corpn 5s 8a Indies Power A Light Cos 55.. 98 100 Indiana Union Trac Cos 5s S Indpls Col A So Trac 6s 95 100 Indpls Gas Cos 5s 98% ... Indpls A Martinsville T Cos 5s ... ... Indpls No Trac Cos 5s 7'a 1. Indpls A Northwestern T Cos 5s .. Indpls Street Rv 4s 43 48 Indpls Trac A Terminal Cos 5s 91% 93',a Indpls Union Rv 5s Jan 100 101 Indpls Water Cos s’is 101 104 Indpls Water Cos 5%s 101 104 Indols Wat Cos lien A ref ss. 1 92 Indpls Water Cos 4%s 92 % ... Indpls Water Works Sec Cos 5s 80 Interstate Pub Serv Cos 4%5. 85 Interstate Public Serv Cos 55.. 95 No Ind Pub Serv Cos 5s 96 No Ind Teleph Cos 6s 95% ... Terre Haute Tr A Light Cos 5s 86 91 Union Trac of Ind Cos 6s 13

On Commission Row

FRUITS Apples—Delicious, box extra fancy, $3.40: choice, $24/.2.25: Jonathans. $2.75: Grimes Golden. $3.25: New York Duchess $2.2544 2.50: Gravenstein. $3: Wolf River, $2.00: Staymen Box. $2.75. Cranberries—s 4 a 25-lb. box: $8.25 a 50-lb. box. Grapefruit—Florida. $6.50417. Grapes—California, seedless. *3.50 a crate; Emperor, $2.50©2.75 a crate. Lemons —California, a crate. *l3.oO@M. Lire*—Jamacia [email protected]. .. Orarges—California Valencia. $4.50418.50 Strawberries—sl.3s a quart. Tangerines—s3 50 aerate. VEGETABLE®: Beans—Florida $4.75ft5 a hamper: Beets—Home-grown do? 400 Carrots—California, crate. $3.50. Cabbage—s3.so a barrel Celerv—Michigan 90e: Idaho. $1.35 a dozen bunches. Cauliflower—Colorado, crate. $3. Cucumbers—Florida, $7 a crate. Eggpiant—s3.so a dozen: $6 a hamper. Kale—Spring, a bushel $1.3. Lettuce—California Iceberg. $6.50 e crate; home-grown leaf a bushel. $1.65. Mustard —A bushel. sl. Onions—lndiana vellow $2.25 a 100-Jb hag; white. 50-lb bag. $1.75. I’arslet—Home-erown. doz. bunches 45c Peas—California. $8 a hamper. Penpers—Florida *9 a crate. Potatoes—Wisconsin and Minnesota wnite. $4.50474.75 a 160-Ib. bag: Red River Ohios 120 lbs. $3.90; Idaho Russets. $4. Radishes—Button hothouse dozen 90c Southern lone red. 1547 25c dozen. Sweet potatoes—lndiana Jersey. $2.75 a bushel. No. 2. $1.65 a bushel: Nancy Halls. $2 a hamper. Tomatoes—California. $3 a bag; hotbrume S1 85 a 8-lh basket

.JAN. 6, 1930

STATE MAY GET CONTROL OVER RADIO TROUBLE New Field of Commission Jurisdiction Believed to Be Opened. Anew field of public sendee commission control which eventually may extend to radio interference was believed opened today with the report of W. F. Lebo, commission engineer, regarding the completion of work under an interlocutory order of the commission regarding electrical interference with telephone communication. The original order, prepared by Commissioner Howell Ellis, attracted nation-wide attention and was discussed at the Atlantic City meeting of the National Electric Light Association and by engineers of the American Telephone and Telegraph Company, Ellis said. Obtained Agreement Ellis obtained an agreement to the order from officials of the Wabash Valley Telephone Company and the Attica Electric Company, an Insull utiilty. so no court test of commission jurisdiction resulted. At a public hearing at Marshfield it was demonstrated by petitioning clients of the telephone company that there was so much interference from the Attica electric lines that communication was impossible. Transfer Line After considerable argument, the telephone company agreed to install metallic rather than grounded circuits and the electric company paid some $15,000 to move the telephone lines to poles opposite their own and install balance mileage taps to restore electrical harmony and eliminate Interference. Lebo reported to Chief Engineer H. V. Wenger that the work has been completed and the telephone subscribers arc satisfied. Wenger presented the report to Ellis who will ask commission approval. This is the first step taken by a state commission on interference control and eventually itiay extend to radio communications, Ellis asserted. Civil War Veteran Dirs NOBLESVILLE. Ind., Jan. 6. David Swain, 86. died at his home in this city. He was a Civil war veteran and is survived by a son, Curtis Swain, and one daughter, Miss Ruby Swain, both of Indianapolis. With his death there are only forty-nine veterans of the Civil war living in Hamilton county.