Indianapolis Times, Volume 41, Number 206, Indianapolis, Marion County, 7 January 1930 — Page 12

PAGE 12

STOCK MARKET WEAK IN DULL EARLYSESSION Most of Mail Order Shares Gain Strength From * Short Covering.

Average Stock Prices

Average of twenty Industrials for Monday was 348 10. off .75. Average of twenty rail* was 144 8. off .17. Average of twenty utilities was 87.27. off .82. Average of forty bonds was 81.98, off .01. Bu United Press NEW YORK. Jan. 7.—A dull, narrow stock market session prevailed today. Early prices were mixed, with the majority higher, but later the list dipped gently downward, with losses at midday from 1 to nearly 4 points below the previous close. Coppers sold off with the remainder of the list on profit-taking following the rise of Monday. .V tors also met seLurj, and such issu< . as General Electric, Westinghouse, American and Foreign Power, Timken Roller Bearing and Union Carbide were off 1 to 4 points. Shorts covered from time to time in the mail order group and toward the end of the second hour Montgomery Ward was rallying sharply in heavy volume. The list in general was lethargic. Tickers were idle part of the time and sales volume was under 2,000,000 shares for a full session. Pittsburgh Coal preferred moved against the trend, netting a gain of 4 points. United Stores issues again were strong and active, while Mis-souri-Kansas-Texas made a small gain lo feature the railroad shares. Wabash rase 5Li points at the opening, following the company’s victory in the stockholders’ suit to force payment of back dividends on A stock. The issue opened at 57, rose to 53 and then reacted 2 points. Pennsylvania sagged oil. Radio-Keith-Orpheum was active and strong on the rumor the company would purchase Fox holdings of Loew’s. Fox held around the previous close.

Banks and Exchange

INDIANAPOLIS STATEMENT Indtanapohx bank clearings Tuesday. Jan. 7, $4,542,000, debits. $9,351,000. CHICAGO STATEMENT Bv United Press CHICAGO. Jan. 7.—Bank clearings. $113,800,000; balances, *8,100.000. NEW YORK STATEMENT Bv United Press NEW 7 YORK. Jan. 7.—Bank clearings. $1,588,000,000; clearing house balance. *344.000.000: federal reserve credit balance. $177,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. Jan. 7.—Treasury net balance Jan. 4. *163.059.982.04; customs receipts for the month to the same date totaled *3.844.436.68.

Produce Markets

Eggs (County Run)—Loss off delivered in Indianapolis. 40c: henerv quality. No. 1. 45c: No. 2. 35c: No. 3.30 c. Poultry (Buying Prices)—Hens weighing 5 lbs. of ever. 24c: under 5 lbs.. 21c; Leghorn hens. 15c; springers. 5 lbs. or over 21c; under 5 lbs.. IBe; Leghorn spring. 15c: stags ,14c: cocks. \2'o\4c: geese, lull feathered, fat. 14c. These prices are for No. 1 top quality, quoted by Kingan & Cos. Butter (wholesale)—No. 1. 40?i41c; No. 2. 39 4oc. Butterfat—3Bc. Cheese (wholesale selling rice per pound) —American loaf. 35c; pimento loaf, 37c: Wisconsin firsts. 27c; Longhorns. 27c; New York llmberger. 30c. Ru United Press CLEVELAND. Jan. 7.—Butter—Extras, 39c; extra firsts. 38(55 38'ic; seconds, 29'</ 29' 2 c. Eggs—Extras. 46c: firsts. 44c. Poultry—Fowls. 30c, medium, 28c; Leghorn. 35c; heavy springers. 30c: Leghorn springers. 23c; ducks. 204/24c: old cocks. I8c; geese. 20c Potatoes—Ohio. $4 25 per 150lb. sack; New York. $4 35>/4 40 per 150lb. sack; Maine Green Mountain, $4.504/ 4.65 pe r 150-lb sack; Idaho Russet, $4.25 per 100-lb. sack. Ru United Pre a* CHICAGO. Jan. 7.—Eggs—Market, firm: receipts. 8.442 cases: extra firsts. 464/47c; firsts. 44 (55 45c; ordinaries. 39''/42c; seconds. 284/36c. Butter—Market, steady; receipts, 14.989 tubs; extras. 35c; extra firsts, 34@34'.2C: firsts. 314/33r: seconds. 294/29',_c; standards, 35c. Poultry—Markets, steady to easy; receipts. 5 cars; fowls, 24c; springers. 21' -/./ 22c; Leghorns. 20c; ducks. 18c; geese, 14c; turkeys, 24c; roosters. 17c: stags, 19'u 20c. Cheese —Twins. 20 1 *(</ 20 3 4C; Young Americas. 23c. Potatoes—On track, 220; arrivals, 64; shipments. 638; market, steady to firm: Wisconsin sacked Round White, $2.40452.50; Minnesota and North Dakota sacked Round Whites. $2,304/ 2.35; Idaho sacked Russets. $2 954/3 15. Rit United Press NEW YORK, Jan. 7 Flour—Quiet and steady; spring patents. $6,754/7.25. Pork —Steady; mess, 526 50 Lard—Dull; middle west spot. $10.404/10.50 TallowSteady special to extra. 7'4/7 i (ic Po-tatoes-Steady; Long Island, $2 504/6 50: southern. sl4/1.50 Maine. $4,25:./ 5.40; Bermuda. $4 504/11 50. Srj.eet potatoes.— easv: southern baskets. 90c4j51.50; Jersey. 50c4/ $2.10. Dressed poultry—lrregular; turkeys. 2345 40c; chickens. 20'//40c; capons, 27'u44c: fowls. 184/ 34c: ducks, 184/ 25c: ducks. Long Island. 234/25c. Live poultry—Steady; geese. 15*/ 27c; ducks. 154/25c: lowls, 284/33c; turkeys. 30c; roosters, 16'/17c; etnekens, 204525 c broilers. 26('/34<\ Cheese—Dull: state whole milk, funev to special, 26i526'2C Young America. 224/25c. Butter—Market, easier; receipts. 19.568: creamery, extras. 37c: special markei. 37'a4j38c. Eggs—Market, steady: receipts. 5.551; nearby white fanev. 494/ 50c: state whites, 43 ./ 48c: fresh firsts, 45'./)/48' = c: Pacific coasts. 44': ./49c: white westerns. 46c; nearby browns. 50 ./51c. MONEY PLENTIFUL AT 4 PER CENT FIGURE Breaking of Speculative Boom Is Responsible for Supply. Ru United Press NEW YORK. Jan. 7.—Call money, funds with which speculators buy stocks, went begging in Wall Street today at the lowest price it has touched in nearly two years. Not since February. 1928, were call loans available as low as 4 per cent, the low rate today. Various reasons were ascribed to the easy tone today. Principal of these was the breaking of the speculative boom last November, which released large amounts of funds from the market and the record breaking distribution of interest and dividends at the year end. Most of this money was seeking mployment at the lowered call rates.

Local Wagon Wheat

CltT *rein elevators are parlne sl.lß for No. 1 red wheat and $1.15 for No. 3 hard a heat. NEW YORK COFFEE RANGE —Jan. 6 Hlfh. Low. Close. .Tanner? 7.98 7.98 7.98 March 7.95 7.95 7.95 Mar 7.55 7.55 7.55 July 7.55 77.55 7.55 September 7.50 7.48 7.50 December 3.11 7.31 7.31

New York Stocks ■ (By Thomson tz McKinnon)

—Jsn. 7 Prev. Railroads— High. Low. 12:00. close. Atchison ....... 222 Balt A Ohio 116% 11*% 116% 116% Canadian Pac. 190 H 190% 190 H 189 Chesa A Ohio 206% Chssa Corp.... *4 64 64 64 Baldwin 34 33% 33% 34% Chi A N Wsst.. 84% 81% 84% 64% Chi Grt West 14% I*l A Hudson.. .. ... • ■ 161% Del A Lacka... . 139% 139% 139% 140 Erie 57 56% 56% 57 Erie Ist pfd.... 59% 59% 59% Ort Nor 97% Gulf Mob A OH 41 41 41 42 111 Central . 131 Lehigh Valiev .. 73% 73% 73% 73 Kan City South ... 81 Lou A Nash 131% i31 3 a 131% 131% Mo Pac 88% 88% 88% 88% M K A T 49V* 48% 48% 48% Mo Pac pfd 135 135 135 135 N Y Central 169% 188% 169% 169% N Y C A St L. .130% 130% 130% 130 NY NH A H HI Nor Pacific 87% 87 87% ... Pennsylvania ... 73 72% 72% 73% Reading ... ... 122 Eeabd Air L 26 Southern Rv ..133% 133% 133% 1327* Southern Pac ...122 122 122 St Paul 24 \ 24% 24 %• 24% St Paul pfd 43% 42 \ 42% 43 V* St L A S W 60 St L A 8 F 108 113 108 Texas A Pac.. .. . ... 112 Union Pacific 218 West Maryland 25% 35% 2a* 25V Wabash 58 55% 55% 51 Vi Rubbers— Ajax 2 2 2 2 Fisk 3% 3% 3% 3% Goodrich 44% 44 44 44 Goodyear 65 65 65 65% Keily-Spgfld .... 4% 4 4 4% Lee 8% 8% 8% 1% United States . 26% ?S% 26V* 27% Equipments— Am Car A Fdv.. 82 82 82 81% Am Locomotive ... . 104 Am Steel Fd... 48% 48% 45% 48% Man Elec Sup.. 28% 27 27 26%, General Elec 245% 241% 241'% 246 Gen Rv Signal .. ... ... 81 5 * •Gen Ain Tank. 104% 101% 101% 104 N Y Air Brake - ... <03% Pressed Stl Car.. 9 9 0 9 Pullman 86 84% S3 86 W’estir.gh Air B 45% 45% 45% 45% Westingh E/ec ..146 142% 142% 144 "a Steels— Am Roi: Mills.. 32% 82% 82% 83 Bethlehem ... 94% 93% 93% 93% Colorado Fuei.. 40% 40 49% 40% Crucible ... ... 89% Inland Steel I?,. Otis 32% 32 % 32% 32% Rep Tron ASC .. 75% 75% 75 1 a 73% Ludlutn 33% 33% 331* 33% Newton • • 16 U i> Steel 1697 a 168 168 169% Alloy % % 31% 32 24 Warren Fdv . ■ 24 Vanadium Corp 52 V* 52 52 52% Motors—.Am Bosch Mag. 427% 42% 42V* 42% B. igijs 16% 157* 16 16 a Brr.ckway Mot.. .. ... . . 14% Chrysler Corp.. 37% 36 36% 38V* Eaton Axle 29% 29% 29% 29% Graham Paige.. 10% 10% 10% 10% Borg Warner... 34 34 34 34 Gabriel Snubbrs. 6 6 6 6 General Motors. 41% 407* 401* 41% Eiec Stor Bat.. 72 71 71 70% Hudson 60% 587* 58% 60% Hayes Body Corp ... .... 8 Hupp 23% 2374 23% 23% Auburn 1957* 195 195 195 V* Mack Trucks... 72 71 72 73 74 Marmon 2674 2474 2474 267a Reo 12 12 12 12 Gardner 4Vi 4% 474 4 Motor Wheel... 28% 27% 28% 27% Nash 56% 547* 54% 56% Packard 17 16% 167* 17 Peerless 67i 6% 6% 7 Studebaker Cor 45% 44 44 45% Stew Warner 39% 39% 3974 39% Timken Bear... 77% 75% 76% 79% Willvs-Overland 8% 8% B’/a 9 Yellow Coach... 14 13% 14 14 White Motor .... 33 32 32 Mining— Am Smelt A Rfg 7674 75 7574 7574 Amer Metals... 477* 47 47% 47Va Am Zinc 11 1074 1074 11 Anaconda Cop.. 79 7774 78% 78% Calumet A Ariz 89% 88 88 89% Calumet A Hecla 33% 32% 32% 32V* Cerro de Pasco 65% 64% 647* 65 7s Dome Mines.... 7 6% 674 7 Granbv Corp.... 59% 587 59 58 Gt Nor Ore ... 31% 20% 21% 20% Inspiration Cop. 30% 29% 29% 3078 Howe Sound... 39% 39% 39% 39% Int Nickel 32% 32% 327a 32 % Kennecott Cop.. 62V* 607a 61 61% Magma Cop .... 52% 5174 5174 51% Miami Copper... 31% 30% 30% 30% Nev Cons 32% 3174 31% 31% Texas Gul Sul 57 56% 56% 567* St Joe 50 49% 4974 51% U S Smelt 36% 36 3674 36% Oils— Atlantic Rfg.... 3874 38 38 3874 Bamsdall (A).. 237* 23% 23% 23% Freeport-Texas.. 42% 41% 41% 4274 Houston Oil .... 54 74 53V* 53 74 55% Indp Oil A Gas. 23 7a 23 23 23 Cont i Oil 23% 23 74 23 14 23’4 Mid-Cont Petrol 277* 27 27 27% La go Oil A Tr 5974 Pan-Ant Pet 8.. 60 60 60 5974 Phillips Petrol... 34% 34% 34% 35 Prairie Oil 517* 517-2 51% 517* Union of Cal... 45V* 457* 45% ... Prairie Pipe .... 5978 59% 597s 5974 Pure Oil 24 23% 23% 24 Roval Dutch ... 54% 53% 54V* 53% Richflefild 247s 24% 24% 24% Shell 23% 23% 23% 23% Sinclair Oil. -.. 24% 2474 24% 24% Skellv Oil .. 31% Std Oil Cal 617a 61% 61% 61% Std Oil N J ... 65% 64% 64V* 65% Std OH N Y 33 327* 327* 32% Tidewater 12% 127* 12% 12% Texas Corp .... 56 5574 5574 557a Texas C A O .. 107* 10V* 1074 1 07* Transcontl 9% 97* 97a 9% White Eagle 27V:/ Industrials— Adv Rumley 1174 11% 1174 ... Allis Chalmers.. 50 49% 49% 50% A M Bvers 91% 98% 98% 91% Armour A ... ... 6 Amer Can 120%. 118% 118% 119% Alleghanev Corp 23% 23% 23% 23% Am Ice 37% 37% 37% 39% Am Woo! 10 8% 10 Assd Dry Goods 28 7* Bon Alum 53 53 53 53 Coco-Cola 134 134 134 Conti Can 51 Vi 51 51 51% Croslev 1874 18 18 187* Covgoleum .... 14 1374 13% 137a Curtiss W 8 7% 8 8 Davidson Chcm. .. ... ... 39 Du Pont 118 117 117 11774 Famous Plavers. 50% 5074 50% 51 Gen Asphalt ....49% 497* 497* 50% Fox A 227* 21% 21% 22% Go’d Dust 39 74 38 % 38% 38% Glidden 33 327* 327a 33 Int Harvester .. 80’/* 80 80 80V* Kelvinator 87* 7 7 77-4 Lambert 100 99 7i 99 74 1 0 Loews 44% 4474 44% 44% Mav Stores 527 2 52% 52% 53% Kolster 4 4 4 4 Montgom Ward.. 4674 45% 45% 4674 Nat! C R 75% 747* 75% 76 Radio Keith ... 217, 21% 21% 2174 Owens Bottle .. 54 54 54 52% Radio Corp 4374 41% 41% 437* Rem Rand 287* 27% 27% 27% Seors-Roebuck .. 86% B'% R 5% 86 Union Carbide.. 80% 78% 78% 80 Warner Bros 41% 40’* 41 23% Un Air Craft ... 49 48% 4874 49% Univ Pipe ... ... 374 U S C s Ir Pioe 19 II S Indus Alco 134 132% 132% 13471 Worthington Pu 70 70 70 71% Woolworth Cos.. 677* 67% 67% 67 7-2 Utilities— Am Tel A Tel.. .220% 218% 218% 220 Am Pr & Lt ... 82% 80% 807a 8174 Eng Pub Serv... 40% 48 4040 Am For Power.. 94% 91% 92 93% Am Wat Wks... 91% 90 90 92% Gen Pub Serv ... ... 34 Col G & E 75% 74% 74% 76 Consol Gas 1007* 99% 99% 99% Elec Pow A Lt.. 51% 50% 50’* 527* Int T & T 74 73'* 737a 75 Nor Am Cos ... 96 95 95 957* Pac Light ... ... 76 Pub Service N J 85 84% 84% 8574 So Ca! Edison... 57 57 57 577* Std Gas A E 1... 116 113% 113% 115% United Corp . . 32% 31% 31% 31% Utilities Pow'r.. 31% 31% 31% 31% United G A Imp 33% 32% 327a 33% West Union Tel. .194 190 190 1977* Shipping— Am Inti Corp... 38 3774 37% 37% Am Ship A Com 1% At! Gulf A W I 75 Inti Mer M pfd 29% 29% 29% 307a United Fruit ... 104 102% 103 102 Foods— Am Sug Rfg. .. 63% 63% 63% 63% Beechnut Pkg 61 California Pkg.. .... 667s Canada Dry ... 65% 64% 64% 63% Corn Products.. 90% 90 90 89% Cent Bak A ... 45 44 74 44'a 44% Borden 65 64 64 657* Cuban Am Sug. 7 s , 7% 7% 7 Hershev 80% 79 79 ... Grand Union .. 13% 14% 14% ... Grand Union pfd 37% 37% 37% ... Jewel Tea 76 % Kraft Cheese .. 39% 39% 39% 38% Kroger 44% 44% 44% 44% Loore Wiles .. 51% 51% 51-a 52 Natl Biscuit ... 183 * 183 18S 184 •* Natl Dairy 48% 47% 48 43% Gen Foods 48% 48'* 48% 48% Loft 4'* 4*4 4% 4% Stand Brands... 27% 27 27 27% Ward Baking B 7 Tobaccos— Am Sumtra .... 20% 19% % 197* Am Tob B 282 199 199 201 Con Cigars .... 48 46 48 4574 General Cigar 52% Lig A Meyers... 96% 96% 96% 97% Lorillard 17’* 17% 17% 1* % RJ Remolds... 50 49% 40% 7P% Tob Products B 3% 3 J 3 United Cigar St. 4S JN 4** 4*a Schulte Ret Strs 5 3 * sxb5 x b •Ex-dividend 90 cents. • Town Is Incorporated EDGEWOOD. Ind., Jan. 7.—Edgewood Is now an incorporated town, as a result of an unanimous vote of the forty-three residents on the issue of incorporation. Edgewood lies three miles west of Anderson, on state Road 32.

PORKERS SHOW WEAKER TREND AT CITYYARDS Cattle Market Dull; Veals Steady; Sheep Are Slightly Up. Dec. Bulk. Top. Receipts. 30. $lO 10 $lO 10 6.000 31. 10.00 10.00 12.000 Jan. 2. 9.90 9.95 10,090 3. 10 15 10 20 6.500 4. 10.00 10.10 5,500 6. 10.00 9.90 8.500 7. 9.80 10.00 7,500 Hog prices at the Union stockyards held steady to 10 cents lower today. Weights of 160 to 300 pounds sold at $9.90. Top for the day was $lO. Receipts were 7.500 with 258 holdovers. Cattle receipts were 1,350. Slaughter classes showed a tendency toward lower ground. Veals were steady at $16.50. Receipts in this class were 500. Sheep started upward with prices 25 to 50 cents higher. Good and choice kinds brought $13.50 to sl4. Extreme top was $14.50. Chicago hog receipts 50.000, including 7,000 directs; holdovers 6,000. The market largely 10 to 15 cents lower than Monday’s average, numerous bids and few early sales on choice of 170 to 200 pound weights, sold at $9.60 to $9.65. Choice on 230 to 270 pounders, were selling at $9.40 to $9.50. Cattle receipts, 8,500; sheep, 15,000. —Hogs— Receipts, 7,500; market, lower. 250-300 lbs. and up $ 9.40® 9.75 225-250 lbs 5.90 200-225 lbs [email protected] 160-230 lbs. 10.00 ir.j-KO lbs 9.60® 9.85 90-130 lbs 8.75® 9.40 Packing sows 7.75® 8.50 -CattleReceipts, 1,350; market, steady. Beef steers. 1.100-1,500 lbs. good and choice $12.254115.50 Common and medium 9.504712.25 Beef steers. 1,100 lbs. down. good and choice 12.50®15.75 Common and nvedium 9.50® 12.50 Heifers. 350 lbs. down, good and choice [email protected] Common and medium B.oo® 12.50 Cows 8.501)10.00 Common and medium 6.50(8; 8.50 Lower cutter and cutters ... 4.75® 6.50 Stocker and feeder steers, good and choice [email protected] Common and medium 6.50® 8.50 —Veals— Receipts. 500; market, steady. Mpdium and choice $12.504j,16.50 Cull and common 7.00® 12.50

—Sheep— Receipts. 1,000; market, higher. Lambs, good and choice $13.50® 14.50 Common and medium 10.504)13.50 Ewes, medium to choice 4.50® 6.50 Cull and common 2.00® 4.50 Other Livestock Bu United Press CHICAGO. .Jan. 7.—Hogs Receipts. 50.000, including 7.000 direct; market 10 0 15c mostly 10c lower; active to shippers and small packers; ton $9.75 paid for 160ZOO lb. weights; mostiy $9.35® 9.65; market on hogs scaling over 120 lbs.; butchers, medium to choice. 250-350 lbs., $9.25®9.55; 290-250 lbs., $9.40®9.75; 160-200 lbs.. $9.40 @9.75; 130-160 lbs., [email protected]; packing sows. SB®9; pigs medium to choice, 90-130 lbs. s9® 9.65. Cattle—Receipts, 8,500 Calves—Receipts. 2,500; general steady trade; yearlings scarce and active; some slowness on medium weights and weighty steers; early top weighty steers, $15.50; yearlings. $15.75; most ia£ steers and yearlings. sl4 down to $11; slaughter classes steers good and choice 1.300-1.500 lbs.. sl2 @l6; 1.100-1,300 lbs.. $12.50® 16; 950-1,100 lbs., $12.75® 16.25; common and medium 850 lbs. up. $8.50® 13.25; fed yearlings, good and choice 750-950 lbs.. $13.25® 16.50; neifers. good and choice 850 lbs. down. 512.25® 15.75; common and medium. sß® 12.50: cows, good and choice. $8,254/10.75; common and medium. $6.50® 8.25; low cutter. [email protected]; bulls good and choice beef, $9.25®. 10; cutter to medium. $7®.9.50; vealers milk fed good and choice, $13,505/ 16; medium. SI 1.25@ 13.50; cull and common. $7.25®.11.25; Stockers and feeder steers, good and choice all weights. $10.50 4/11; common and medium. [email protected]. Sheep—Receipts, 15,000; market active, steady: bulk fat lambs, $13.75@14; early top. $14.25; yearlings. [email protected]; fat ewes. $2 down; feeding lambs,, quotable steady; lambs good and choice 92 lbs. down. [email protected]; medium, $U.75®13.25; cull and common. *10.50011.75; ewes medium to choice 150 lbs. down. $5.25® 7.25; cull and common. s3® 5.50; feeder iambs, good and choice. [email protected]. pu Times Bttecial LOUISVILLE, Ky„ Jan. 7.—Hogs Receipts. 700; market steady; 175 lbs. up, $9.80; 130-175 lbs.. $9.10; 130 lbs. down, $7.75: roughs. $7.35; stags, 7.25. Cattle— Receipts. 100; market steady; prime heavy steers. $11.50©13; heavy shipping steers. $10®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. $5,505/6; canners. 4@5: bulls. $G@ 9; feeders. sß® 10.50: stockers. [email protected]. Calves—Receipts, 100; market steady; fancy calves, sl4: good to choice. sll@ 13.50; medium to good. $8@10; outs, $8 down. Sheep—Receipts, 50: market steady; ewes and wethers. $12.50; buck lambs. $11.50; seconds. ss@B; sheep. s4@ 5. Monday’s shipments: Cattle, 331; calves, 543; hogs. 151; sheep, none. Bu United Press CLEVELAND, Jan. 7.—Hogs—Receipts. 1.500; holdovers, none; desirable hogs. 15 ®2sc lower; 150-250 lbs.. $10.25; few heavier weights, light lights and pigs. $10; sows. SB4/8.25; stags, $6.25: steady. Cattle—Receipts. 250; largely cows, steady, common to good. $6.50<§8: few good to choice, upward to $9.50. or better; low cutters downward to $5 and under. Calves —Receipts. 400; fully steady to strong; better grade. *IB®TB.SO; common to medium around $124/ 16.50. Sheep—Receipts. 2.000; quality improved: better grade lambs strong to 25c higher. [email protected]: medium throwouts, sll.oo@ 12.50; sheep steady. Bv United Press TOLEDO, Jan. 7.—Hogs—Receipts. 500; market. 10 to 15 cents lower; heavies, s9® 9.25; mediums. $9.50® 9.75; Yorkers, $9.25® 9.75: pigs, $9.25® 9.50. Cattle—Receipts. 125; market, steady. Calves—Receipts. light: market, steady. Sheep and lambs—Receipts, light; market, steady. liv United Press PITTSBURGH. Jan. 7.—Hogs—Receipts, 600; market, 10 to 15 cents lower: 140220 lbs., mostly $10.45: extreme top. $10.50; 230-300 lbs.. slo® 10.35; sows. $88.50. Cattle—Receipts. 25; market, steady; better grade cows. [email protected]. Calves—Receipts, 50; market, around 50c higher: top vealers. sls. Sheep—Receipts. 538: market, strong to 25e higher; choice lambs, moderately sorted. $14.25; medium grades, handy weights, sl2@ 13.25. Bv United Press ** CINCINNATI. Jan. 7.—Hogs—Receipts, 3.000: holdovers. 400; short supplies held prices about steady: bulk 160-240 lbs., $lO ®" 10.10: good and choice. 180-230 lbs., at the top. few around 260 lbs.: butchers. $9 90 and 250-300 lbs. $9.50; desirable 120160 lbs.. $9.75® 10; light pigs. [email protected]; bulk sows. $7.75®8. Cattle—Receipts. 250; calves, 350; steady; few plain slaughter cattle, sl2 down; odd-head, good light yearlings, about sl3: beef cows, 7@9; low cutters and cutters. [email protected]; bulls weak, mostly $7 50®9.25; veals 50c higher; top. $16.50; bulk above sl4. Sheep—Receipts. 225. mostly steady; choice 70-80 lb. lambs listed sl4. most sales. $13.50 down: throwouts and bucks. $10®lt; good light ewes. $5.50; common sheep. $4 dowm. Bv United Press EAST BUFFALO. Jan. 7.—Hogs—Receipts. 500; holdovers. 600; rather slow: mostlj- to shippers, steady 4o 10c lower: bulk 120-250 lbs.. $10.50310.60; 250-270 lbs.. $10.354/10.50: packing sows. $8.25® 8.75. Cattle—Receipts. 50; mostly cows; steady: cutter grades. $4.25® 6.50. Calves —Receipts, 250; vealers unchanged, $17.50 down. Sheep—Receipts. 400: lambs active, fully 25c higher; fed westerns. *l4 50: medium and strong weights. *[email protected]; fat ewes, [email protected]. Annual Meeting Is Scheduled The annual dinner meeting of the Family Welfare Society vrill be held at 7 Wednesday night at the Propylaeum. Professor John J Haramv will speak on “'Our Responsibilities.” The meeting will celebrate the fiftieth anniversary of the founding of the organized charity movement la Indianapolis.

THE INDIANAPOLIS TIMES

On Commission Row

FRUITS Apples—Delicious, box extra fancy. $3.75; choice. $2412 25; Jonathans. $2.75; Grimes Golden. $2.50 New York Duchess. $2 25® 2.50; Gravenstein. S3; Wolf River, $2.50: Staymen box. $3®3.25. Cranberries —$4 a 25-lb. box; $8 25 a 50-lb. box. Grapefruit—Florida. $4.50-5 5. Grapes^—California. seedless. $3.50 a crate; Emperor $2.50®2.7§. a crate. Lemons—California, a crate. $9. Limes—Jamacia. $2.50-5 3. Oranges—California Valencia, [email protected]. Strawberries—6oc a quart. Tangerines—s3.so a crate. VEGETABLES Beans—Florida. 54.75®5 a hamper. Beets—Texas. $3.50 a crate. Carrots —California, crate. $3.50. Cabbages—s3.so a barrel. Celery—Michigan. 90c; Idaho. $1 25 a dozen bunches. Cauliflower —Colorado, crate, $2.50. Cucumbers—Florida. $6 a crate. Eggplane—s2.so a dozen. $6 a hamper. Kale —Spring, a bushel. 90c. Lettuce—California Iceberg. $6.50 a crate-home-grown leaf a bushel, $1.65. Mustard—A bushel. sl. Onions—lndiana yellow. $2.25 a 100-lb. bag; white. 50-!b. bag $1.75. Parsley—Southern, doz bunches. sl. Peas—California, $6.50 a hamper. Peppers—Florida. $7 a crate. Potatoes —Wisconsin and Minnesota white. S4 254/ 4.50 a 160-lb. bag. Red River Ohios. 120 Ids.. $3.90; Idaho Russets. $4. Radishes —Button, hothouse, dozen 90c; southern. long red 154125 c dozen. Sweet potatoes—lndiana Jersey. $2.50 a bushel; No. 2. $1.65 a bushel; Nancy Halls. $1 75 a hamper. Tomatoes —California. $3 a bag; hothouse. $2.50 a 8-lb. basket. FORD GAINS IN CAR PRODUCTION Shows Increase of 138 Per Cent Over 1928. Hv 1 vited Prt’%B . DETROIT, Jan. 7.—Proauction of Ford cars and trucks in 1929 totaled 1,951,092, an increase of 1,132,358 cars over the production figure for 1923, the Ford Motor Company announced today. Production in 1929 represented an increase of 138 per cent over that of the previous year, despite the fact work was curtailed in November and December. Production of the model A cars in 1928, however, did not get under way until late in the year. Os the total 1,709.945 .cars were manufactured in the United States, 87.796 by the Ford Motors Company of Canada and 153,351 in other foreign plants.

The City in Brief

The Indianapolis Mediral Society will hold its annual dinner and ladies’ night at the Athenaeum at 6 tonight. Officers will be installed. Bush Gibbs of the United States Rubber Company will lead discussions by the Indianapolis Foremen’s Club at- 7:30 tonight, at the Chamber of Commerce. General business was discussed in a meeting which followed a dinner of the Indianapolis Board of Trade at the Board of Trade building Monday night. Annual institute of the Brightwood W. C. T. U. will be held at Brightwood M. E. church Wednesday. Eric Geertz, Link-Belt Company engineer, spoke on steel treatment before the Indianapolis chapter, American Society for Steel Treating, at the Chamber of Commerce Monday night. Rabbi M. M. Feuerlicht will speak Friday at the Knights of Columbus Luncheon Club’s meeting at the Spink-Arms. School year calendar will not change, in spite of the week lost through the menengitis epidemic. D. T. Weir, acting superintendent of schools, announced today. The semester will end Friday. Jan. 24, as had been scheduled originally. Births Boys Marshall and Enla Jackson, 3124 West Pratt. William and Lula Dugger, 1422 Haugh. John and Jeannette Edwards, 2833 North New Jersey. George and Nellie Gels, 19 East St. Joseph. Charles and Blanch Keever, Methodist hospital. Rolland and Josephine Geyer, Methodist hcsnital. Theodore and Burdyne Sluder. Methodist hosDital. Nathan and Rose Greenberg, Methodist hospital. Augustus and Flora Maxwell. Methodist hospital. • Clair and Helen Gulay, Methodist hospital. * Walter and Ruth Walkemeyer, Methodist hospital. Frank and Flora Clark, St. Vincent's hospital. Vernon and Myrtle Scott, 318 South Walcott. Harold and Sarah Chamness, 6 North Traub. Girls John and Bessie Sittle, Methodist hospital. Oscar and Mayme Tavel, Methodist hospital. Lawrence and Alliene Eaton, Methodist hospital. Sam and Rosie Wasbutsky, Methodist hospital. Harry and Georgia Herold, St. Vincent’s hospital. Fritz and Alice Ehling, St. Vincent’s hospital. DeWitt and Gladys Young. St. Vincent's hospital. Edward and Ella Law, 1439 Mill. Porter and Katherine Jordan, 1346 Deloss. Deaths Catherine Hamilton. 78, 919 East Tenth, acute cardiac dilatation. Alta May Clark. 46, 1903 North New Jersey, carcinoma, Fred Wilmont Johnson. 44. 1046 West New York, pulmonary tuberculosis. Gladys Jones, 46, 3210 West Washington. uremia. Carl F. Miller, 64. 1624 North Tacoma, lobar pneumonia. James W. Frank, 56, Methodist hospital, endocarditis. Mary Elizabeth Page, 74, 1345 Pruitt, hypostatic pneumonia. Jessie C. Staley. 41, 2716 Roosevelt, acute myocarditis. Dorothv Anna Edwards. 9. Methodist hospital, general septicaemia. George Dobbins. 31. 437 Blake, lobar pneumonia. Marion F. Cropper. 75, 143 West Thirtythird. arterio sclerosis. Elizabeth Logan Harris. 72. 3023 North Illinois, cerebral hemorrhage. Edward J. Sherer. 75. 622 West Tenth, carcinoma. Samuel Greer. 48. 1315 Yandes, car. cinoma. Emma C. Hewes, 69. 2019 Hillside, arterio sclerosis. Bettie Jane Crowley. 8 months, 1010 West New York, gastro enteritis. Angeline Gray, 57. 819 West Twentyfifth. carcinoma. Mary E. Biehl. 65. 1655 South Meridian, hypostatic pneumonia. Harry B. Carlue. 3. St. Vincent's hospital. lobar pneumonia. Katherine L. Dobson. 51. 5624 North Capitol, carcinoma. Ruth Irene Paige, 24. Long hospital, carcinoma. Curtis Washington. 2 months, city hospital. gastro enteritis. Thurman E. Day, 5 months, 607 Lord, broncho pneumonia. Garment Workers Strike By United Press CLEVELAND. Jan. 7.—Workers in eighty-four garment factories here walked out today after a general strike call had been issued. It was estimated that between 4.000 and 5,000 workers were affected.

INDUSTRIALISM IS SUBJECT OF NEGROMINISTER Tells Members of Race to Keep Pace With Modern Practices. Exhorting members of his race, the Rev. M. W. Clair Jr., pastor of the Simpson M. E. church, Missouri and Eleventh streets, speaking on the subject, “Facing the New Year” said, “Negroes can not afford to be slothful and indifferent to modern practices of industrialism for 1930.” “The Negro is facing a serious problem in the industrial affairs of the north,” the pastor said, “and as a group the Negro never has suffered economically as he is today.” An illustration, "look before you leap.” “study and be wise,” w r as given by Mr. Clair in admonishing his race “that no work is disgraceful if the job is done honorably.” Mr. Clair said, “that prayer does not reach the throne which does not make man stand inches higher in his spiritual realization of duty well done to his employer or to his fellow man.” The pastor is the son of Bishop M. W. Clair Sr. of the Methodist Episcopal church, who spent several years directing missionary work in Africa. The bishop is leader of Negro ministers of the Covington area. Tom Hueston. champion pocket billiard player, will give exhibition games and play persons interested in billiards at the Y. M. C. A. Thursday at 3 and 3:30 p. m. Hueston was the first man to hold two world titles and has been holder of the pocket, billiard and cushion world's championships several times. Gym Schedule Announced Persons interested are asked to enter t.he tournament. Women may attend. Tickets are on sale at, the branch building. The following schedule for gymnasium classes has been announced by the physical department of the Y. M. C. A.; High school boys, Monday and Wednesday at 5:30; working boys, Monday and Wednesday at 6:30; pioneers, Tuesday and Thursday at 4; volley ball. Tuesday at 7:30; School 19. Friday at, 4; Trojan Club, Wednesday at 4, and Friendly Indians. Saturday at 10 a. m. W. E. Grubbs has returned from a visit with friends in Detroit. Founders’ day of the Kappa Alpha Psl fraternity was observed with a banquet for members and pledges with a formal banquet at the Hammonds hotel, Saturday night, Jan. 4. Attorney R. L. Bailey, polemarch, presided. Robert S. Abbott, editor and owner of the Chicago Defender, w r as guest of honor and made the principal address on his recent trip to Europe. In his talk, Abbott suggested sending E. W. Diggs, founder of Alpha Kappa Psi fraternity, abroad to set up new chapters that contacts may be made with African students attending European schools. A history of the organization was given by its founder. E. W. Diggs, who was first grand polemarch. Diggs is principal at School 42. Local Woman Elected At the recent biennial meeting of the Central Association of Colored Women’s Clubs held in Kansas City. Mo., Mrs. Lillian J. Brown, teacher In the public schools of this city unanimously was elected president of the association. Mrs. Brown, a charter member has been chairman of the credentials committee for ten years and also has been vice-president of the organization. The association Includes thirteen midwestern states, which form the central group, and serves as a clearing house and training school for women who become leaders, In various clubs of the association. Problems and needs of Individual clubs with solutions are offered in these sessions. The association will hold its next meeting in Minneapolis. July 1931. The local chapter of the Omega Psl Phi fraternity met Friday. Jan. 4. Reports from delegates who attended the eighteenth conclave of the organization held in Baltimore recently, were given. Election of officers was. held with the following persons in charge: Charles E. Harry. William T. Wilhite. V. Basllius. Fred A. Parker. K. of R. and S.; Dr. L. R. Young. K. of F. M.; John A. Shelbourne, K. of P.t Father M. Mitchell .chaplain; George Gaillard. editor. Much interest Is being shown In the evangelistic services conducted by the Rev. Etta Graham of Chicago at the St. John A. M. E. church. Seventeenth street and Columbia avenue. The Rev. R. H. Hackley is pastor. Gospel singing is in charge of Miss Y. L. McLawler. Services will continue until Jan. 19. The public is invited to attend. Series to Be Started At the mid-week service at the Simpson M. E. church, the pastor, the Rev. M. W. Clair Jr., will begin a series of talks on “Great Women of the Bible.” “Sarah” Is to be the subject for study Wednesday night. Class work at the Cosmopolitan School of Music will Teopen Thursday night. A course in harmony will be given at 6, while classes In sight reading and ear training will be held at 7. Mrs. Lillian Lemon is piesident. Funeral services were held Monday at Bethel A. M. E. church for Alex Starks, 77. who died Thursday at his home on Meyers road, following a short illness. The Rev. R. L. Pope officiated. Burial was In Crown Hill. Mr. Starks was born In Center county. Tenn., and moved to Indianapolis fifty years ago. For twelve years he was landscape gardner on the estate of Henry Campbell. * Beside the widow. Mrs. Hattie Starks, survivors are two sisters, Mrs. Lulu Harlan of Columbia. Tenn.. and Mrs. Ada Perry of Henderson. Tenn.. and two brothers. Robert Starks of Gallatin, and William Starks of Henderson. Needlecraft Club of Second Baptist church will meet with Mrs. Mae Thomas, 530 North West street, Thursday afternoon. Evangelistic services scheduled at the Barnes M. E. church for last Sunday will begin Wednesday night with Dr. E. W. Dudley of Dayton in charge. The Rev.' R. E. Skelton Is pastor. Girl reserve council of the Phyllis Wheatley Y. W. C. A. and the Hi-Y council of the Y. M. C. A. will hold a Joint meeting at the Wheatley branch Friday night. Jan. 10. at 6 to complete plans for an open forum to be held Sunday. Jan. 19. Louisville Team Beaten Volley ball team of the local Y. W. C. A. defeated the Louisville team. 3-2, In Louisville. Saturday. Jan. 4. The Louisville team will play here Saturday. Feb. 8. Basketball team of the Phyllis 'Wheatley Y. W. C. A. will play In Ft. Wayne Saturday. Jan. 11. Old Settlers Civic and Social Club will meet Tuesday night. Jan. 14. with Mrs. Fannie C. Stewart. 1148 Fayette street. Mrs. Ella Covington is president and Mrs. Stelle Fisher is secretary. Membership department of the Y. W. C. A. will hold its monthly luncheon In the association tearoom at 1 p. m. Thursday. Plans for the annual meeting and banquet will be discussed. Mrs. Busie Moten is chairman of the committee. East Side Business League will, elect

Business and Finance

Du United Press NEW YORK. Jan. 7.—Sales of F. W. Woolworth Company for the year ended Dec. 31, 1929, were $303,033,894, compared with $287,315,364 for the corresponding period of 1928, an increase of 5.57 per cent. December sales were $44,153,396, against $45,440,944, in December, 1928, a decrease of 2.83 per cent. Bu United Press NEW YORK, Jan. 7.—Hershey Chocolate Corporation today declared a quarterly dividend of $1.25 a share on the common stock placing it on a $5 annual cash dividend basis and an extra dividend of $1 on the convertible preference stock, both payable Feb. 15 to stock of record Jan. 25. The' company previously paid regular quarterly dividends of $1.50 on the prior preferred and $1 on the convertible preference stock, both payable Feb. 15. The fifty most active stocks traded on the Chicago Stock Exchange during the week ended Jan. 4, had a market value of $2,128,160,949 at the close of business. Saturday, as compared with $2,046,961,249 at the close of the previous week, according to a compilation by Lage & Cos. This represents an increase of $Bl,199,700, or 3.96 per cent. Butler Brothers has sold $7,500,000 5 per cent debenture gold notes to a Chicago banking group to finance the company’s development program, it was announced late Monday bv Frank S. Cunningham. president. The notes will be offered publicly In a few 7 days by the First Union Trust and Savings Bank and Halsey, Stuart & Cos. NEW YORK. Jan. 7.—The merger of Owl Drug Company with Drug, Inc., was announced today by officials of the latter concern. “Owl Drug Cos., a leading factor in the retail drug business on the west coast.,” said George M. Gales, vice-chairman of Drug, Inc., ‘“brings to Drug, Inc., important new retail outlets for its manufacturing plants.” No details of the merger were made public. Edison Brothers Stores. Inc., report sales for December. 1929, totaling $413,776 against $324,726 for the same month in 1928. an increase of $89,050 or 27.4 per cent. Sales for the twelve months just ended totaled $3,751,628 compared with $2,986,001 for the same period a year ago, a gain of $765,627 or 25.6 per cent. Net earnings of $820,325, available for interest, depreciation and dividends for the year ended Nov. 30. 1 f 29. are reported by the American States Public Service Company. This compares with a net of $723,768 for the preceeding year, or an increase of $95,557 for the 1929 period. Earnings of the American States Electric Company, subsidiary, are included in these figures. Directors of American Machine & Foundry Company increased the regular quarterly dividend on the common stock from $1 to $1.75 a share, placing the stock on a regular $7 annual dividend basis. The regular quarterly dividend of $1.75 a share also was declared on the $7 preferred stock. Both dividends are payable Feb. 1. to stockholders of record Jan. 17. In 1928 the company paid $4 in regular dividends on the common and $3 in extra dividends. Judging by an Increase of about $150,000.000 in total dividend disbursements during 1929, the non-ferrous metal mining industry enjoyed a prosperous year. Copper producers were the largest, factors in this increase. They can point to 1929 as the b.est year in the history of the industry. After a seemingly insatiable de- • iand shot the price up to 24 cents a pound early in the year, the copper market was more or less permanently stabilized at 18 cents compared with an average of 14.5 cents in 1928. World production in 1929 will prove to be about 2.200,POO tons, compared with 1,900,000 tons in 1928. Anew Issue of $3,500.000 Province of CANADIAN SHIPMENTS OF LIQUOR ARE LESS Officials of Two Governments Discuss Problems. lit/ United Press WASHINGTON, Jan. 7.—A sharp decrease in liquor clearances from Canadian ports to the United States during November last year w 7 as reported to the treasury today by the dominion government. This report which showed exports of 285,486 gallons last Novem’oer as compared with 520,902 in November, 1928, came as officials of the two governments are negotiating for co-operative measures to check smuggling along the northern frontier. Reports of liquor clearance which are not forbidden by Canadian law are received periodically by the treasury. Marriage Licenses Harold V. Marshall. 22. of 2023 Brookside. Jeweler, and Ruth E. Roberts, 21, of 1718 College, stenographer. Frank Summers, 53. of 2615 Boulevard place, clerk, and Marietta Averitt. 52, of 2615 Boulevard place. Thomas R. Kackley. 27, of 4511 Broadway. chauffeur, and Sara D. Thomas. 22. of 10 East Thirty-second. David Ross. 65. of 1148 South West, fireman, and Valley La Roche, 52, of 1041 South Chadwick. Frank L. Burford, 44. of 3628 Hemlock, manufacturer, and Hazel S. Hoilett, 44, of 3157 North Delaware. Curt Toll. 59, of 326 North Riley, director, and Paula Dieck, 48, of 326 North Riley. Sugar Tariff Prepared Bv United Press WASHINGTON, Jan. 7.—Evidence thats ugar lobbyists obtained confidential sugar tariff information being prepared by the commerce department for the white house and Senator Smoot (Republican) Utah, was received by the senate lobby investigating cemmittee today. officers at the regular meeting to be held with Dr. Lucian B. Meriwether. 1441 Martindale avenue, Wednesday night. Members of Our Club entertained with a banquet and whist party for their wives at Hammond's hotel Friday night. Members of the club are Dr. Guy Grant. Henry McCall, Jesse Martin, Dr. Stephen Auter, Arthur Dodson, Cecil Powell, Dr. Bernard Pritchett, John Montgomery. Walker Cornett. Amos Thompson, William ■Walker and Herbert Willis. R. S. Abbot of Chicago was a guest at the Hotel Hammond over the week-end. Mrs. C. A. Furniss was called to Louisville on account of the death of Mrs. Marla Cotter. Mrs. Cotter was the mother of the late Joseph Cotter, poet.

We Offer AMERICAN LOAN COMPANY i Non-Taxable Preferred and Common Stock Yielding Attractive Quarterly Income UMPHREY & HARTZ Telephone 347-349 Bankers Lincoln 8439 Trust Building AFTER APRIL I—NEW CIRCLE TOWER BLDG.

Saskatchewan thirty-year 5 per cent debentures. due Dec. 2, 1959. is being offered at 100 and interest by the Dominion Securities Corporation. A. E Ames ft Cos . Ltd.. Wood. Gundy ft Cos., Inc.. Royal Bank of Canada and the Canadian Bark of Commerce The bonds are not callable before maturity and are legal investment for savings banks In Connecticut. Maine. New Hampshire and Vermont. The board of directors of Nelsner Bros.. Inc., declared the regular quarterly dividend of $1.75 per share the preferred stock, payable Feb. 1 to stockholders of record Jan. 15, 1930. COUNTY GETS LOAN Auditor Issues Notes for §500,000 to Replenish Two Funds. Notes calling for a $500,000 loan to reimburse county general and sinking funds m anticipation of 1930 spring tuxes have been awarded to five Indianapolis banks, County Auditor Harry Dunn announced today. The money will replenish the county fund by $350,000 and the sinking fund by $150,000. Rate of interest, jointly submitted, was 6 per cent. Banks were: Fletcher Savings and Trust Company, Merchants National bank. Indiana National bank. Union Trust Company and the Fletcher American National bank. NEGOTIATE FOR CREDIT Syndicate, Headed by Dillon Head, Insists on Delay, However. Bu United Press BERLIN, Jan 7.—The Berlin Municipal Traffic Company is negotiating with a syndicate headed by Dillon Read & Cos. of New 7 York, for a credit of $25,000,000. The syndicate insists upon waiting until the financial situation in Germany is stabilized further before granting the credit, however.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Harry G. Sohn, 954 Hovey street, Nash sedan. 12-698, from 850 Cottage avenue. Dr. Joel Whitaker, 1707 North Pennsylvania street, Chrysler sedan, 19-835, from Thirty-seventh and Pennsylvania streets. Lester Daugherty, 737 North Audubon road, Chevrolet sedan, 38-034, from Meridian and Vermont streets. George Brill. 2205 Garfield drive, Chevrolet coupe, 16-607, from Pennsylvania and Georgia streets. Charles Becker. 813 Merchants Bank building, Elcar sedan. 9-934. from Market and Pennsylvania streets. Brenson Lightford, 714 North Senate avenue. Dodge roadster, from Liberty and Wabash streets. Frank Kinney. 1026 Laurel street, Ford roadster. 57-251. from Senate avenue and Washington street. Oak Automobile Insurance Company, 701 Chamber of Commerce building. Chevrolet coach. 46-248. from Vermont and Meridian streets. C, R. Douglas, 1828 West Minnesota street, Chevrolet coach, 66-750, from Beech Grove shops. Walter B. Willman. R. R. 10, Box 153, Ford touring, 30-244, from 420 West Ohio street. Alexander Belle, 3002 Broadway. Whippett coach, 59-929, from Delaware and North streets. James Peel, 2355 North Alabama street, Chevrolet coach, 46-120, from 2355 North Alabama street. L. B. Meece. 50 Whittier place. Buick coach, 15-394, from 220 Virginia avenue. Losey-Nash Motor Company, 400 North Capitol avenue, Ford coupe from 4002 North Capitol avenue. Otto V. Hoffman, 1328 South Alabama street, Ford coupe, Illinois license, from Market and Delaw'are streets. Calvin A. Smulyan, 125 North Alabama street, Buick sedan, 65-340 from Ohio street and Senate avenue. Evans Mont" very, 1335 Nordyl v avenue, Studebaker roadster, 10-828, from Washington street and Senate avenue. James D. Bishop, 1545 Ewing street, Ford coupe, 13-904, from Vermont and Illinois streets.

BACK HOME AGAIN

Stolen automobiles recovered by po’ice be’ong to: Michael Murphy, Lafayette, Buick roadster, found at Thirteenth and Meridian streets. Walter May, Alexandria, Ind., Oldsmobile coach, found at Leota and Deloss streets. Walter Wellman, R. R. 10, Box 153, Ford touring, found in rear of Oneida hotel. Clarence Williams, 1223 Windsor street, Ford touring, found at Seymour, 111. Essex sedan, 137-411, found in front of 219 East North street. Earl Unversaw, 517 North Talbot avenue, Studebaker sedan, found at 1024 Oliver avenue. Charles Brisnon. 1530 South Randolph street, I’ord coach, 33-687, found in alley in rear of 1521 S. East street. Hoosier Wins Honors pu Times Bneeinl RICHMOND, Ind., Jan. 7.—Roy C. Haberkern, a former resident of this city, has won honors at Win-ston-Salem, N. C., by being named that city’s most outstanding citizen “for meritorious, unselfish and distinguished community service” in the development of the Memorial Industrial school in that city.

JAN. 7, 1930

WEAK FOREIGN CABLES FORCE WHEAT LOWER Corn and Oats Continue to Follow Major Grain in Changes. Bv United Press CHICAGO, Jan. 7.—Wheat prices broke sharply on the Board of Trade today under the pressure of extremely weak foreign cables. Liverpool recovered slightly from the lowest point, but was still down, due to further sales of Russian wheat. Buenos Aires was % cent off after being lower at the opening. Argentine news indicates traders there are unwilling to accept the government's estimate on the crop as final. Corn and oats were off. with wheat. At the opening wheat was .1% cents to 1% cents lower, corn was •’* cent to % cent lower, and oats was down % cent to % cent. Provisions were steady. Liverpool opened sharply lower this morning and continued to lall, being 1% cents to IV* cents lower shortly after noqn. Several countries have bought Russian wheat, but Russia intimates that the spring crop prospects are poor. A large section of the winter wheat belt received sleet and a cold wave a-t night without a snow covering to protect the dormant grain. Cprn seems to be in a position where news has no important, influence. While the visible supply increased. the strength of easn com has offset any weakness arising fi ;n that. Oats is still in a rut. following the lead of the other grains, with very little volition of its own. Chicago Grain Table - jßn ' 7 “ r-ev. WHEAT-- High. Low. 12:00. Close. Mar 1.28'* 1.27 1.27 1.29'x Mav 132 1.31% 1.30% 133% July 1.32 1.31 % 1.31% 1.33% CORN— Mar 90% .90% .90% -91% Mav 94% .93% .93% .94% July 95% .95% .95% .96% OATS— Mar 47% .47’* .47% .47% Mav 48% .48% 48% .49 July 47% .47% .47% .47% RYE— Mar 1.03% 1.03% 1.03% 1.03 Mav ..1.02 1.01 1.01 1.01% July 1.00% 1.00 100 1.00% LARD—,?an 9.95 9 90 9.90 9.93 Mar 10.15 10.10 10.10 10.17 May 10.40 10.30 10.30 10.40 in/ Times Bfierial CHICAGO. Jan. 7.—Co riots: Wheat. 3Ss corn, 318: oats. 33; rye, 4; barley. 13. In the Air Weather conditions in the air at 9:30 a. m.: North wind, eight miles an hour; barometric pressure, 30.14, at sea level; temperature, 38; ceiling, 600 feet; visibility, one and one-half miles; field soft. T. A. T. Report Made The record for the first six months of operations by Transcontinental Air Transport made public today by J. V. Magee, vice-president, at St. Louis, Mo., revealed that T. A. T. has carried 4,345 passengers for slightly more than two million passenger miles. Its operating ratio has been 90.5 per cent. Planes of the line flew 543.354 of the 603,700 miles scheduled. Out of 669 trips scheduled, 578 or 86.5 per cent were completed and 70.6 per cent of the plane arrivals were on time. Optimistic over the first half year’s outcome, predicted ten times as many passengers would be carried during 1930 as were carried during 1929. Sets Glider Record Bv United Press PAN DIEGO, Cal., Jan. 7.—W. H. s, national glider champion, held his gliding laurels a little mere firmly as the result of his new record for sustained flight in a motorless plane. Bowlus, taking off at 8:02 a. m. Monday in the face of a strong wind, stayed aloft five hours and twenty-seven minutes. The flight was unofficial, because he did not land at the point of take-off. His former record was two hours and forty-seven minutes. Arrivals and Departures Curtiss-Maro Hill Airport—Olcott Payson, from Troy, O. to St. Louis, Mo., Stearman biplane, overnight; Sam Jones, Waco biplane, to Princeton and return.

UTILITIES POWER & LIGHT CORPORATION An International Public Utility System Over 95 per cent of the earningsofthis systemare derived from the sale of the highly essential services of electricity and gas. The systemserves a territory in 19 of the United States, and in Canada, having a population of over 5,000,000. It also operates extensive British properties. 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 financial analysis. UTILITIES POWER 6. LIGHT Securities Company 327 South La Salle Street CHICAGO