Indianapolis Times, Volume 41, Number 207, Indianapolis, Marion County, 8 January 1930 — Page 12

PAGE 12

STOCKS MOVE SLOWLY AFTER OPENING DROP List Regains Early Losses and Drifts About in Narrow Range.

Average Stock Prices

Average of thirty industrials for Tuesday was 246 50. ofT 1.60. twenty tails, 144.07, ofT 1.61: thirty utUHies. 86.17. ofl 1 10: forty bonds. 94 07. up .11. Hu Unit id Pr> $ NEW YORK, Jan. B.—Easy money and absence of any adverse news of consequence kept the stock market steady after the list had moved irregularly in earlier trading. Business was languid. United States Steel rallied to around 169. where it was unchanged from the previous close, and other leaders reduced losses sustained in the first half hour. List Drifts There was attempt, however, to keep the upward movement in string and the list continued to drift rbout in a narrow range. A few of the utilities found good < :nand, especially Pacific Lighting. ' ich spurted 3% points. Commonwealth and Southern h°!d strong and active on news of its plan to consolidate subsidiaries. Kails Are Dull Pennsylvania Railroad dipped to a new low at 72 1 . but later rallied slightly. Other rails were dull and irregular. Motors were mixed in a very narrow range. Gains were made by American Can, American and Foreign Power, Kreuger <fe Toll, United Stores issues, United Cigar and Johns Mannville. Bonds were fairly active on the easier money and reinvestment of funds received in interest and divident payments at the year end.

Banks and Exchange

INDIANAPOLIS STATEMENT Indlannpoil* hank clearings Wednesday, Jan. 8. J4.4C1.00n; debit.. SB.-UO.OCO. CHICAGO ST AXT MINT I!' I nih'd I’ri -i CHICAGO. Jan. 8 Bank clearings. 97,300.000; balances. SV.IOO.OC'O. NEW YORK STATEMENT n < i.nitcd i'i i kk MEW YORK. Jan. 8 Bank Gearings, n. 423.000.000; clearing house balance. S217.000.000; federal reserve bank credit balance, $177 000,000. TREASURY STATEMENT lh' I nitfil l‘r< .* WASHINGTON. Jan. 8 Treasury net balance Jan. 6, $153,750,256.21. customs receipts for the month to the same date Dialed $6,028,755.97. AGED CITY WOMAN TO BE BURIED THURSDAY Sirs. Ella K. Davis, S3, Dies at Home After Long Illness. Funeral services "ill be held at 2 Thursay afternoon at the residence lor Mrs. Ella K. Davis, 83. of 337 Forth East street, who died Tuesday after a long Illness. Burial will be in Crown Hill cemetery. Bern in a log cabin in Shelby county, near Franklin, she was brought to Indianapolis by her parents when one month old. She attended McLean Female seminary here and the first Indianapolis high school. She wedded William Evans Davis of Columbus. 0., in 1865, her disband dying in 1916. She was a member of the First Baptist church, the Central W. C. T. U. and Caroline Scott Harrison chapter, D. A. R. Three daughters, Mrs.’ Henry Pan- Grove of Utica, 111.; Misses Mary Elizabeth and Helen Davis of Indianapolis, and a son, Harry Davis of this city, survive. BOONVILLE MAN NEW HEAD OF FAIR GROUP C. 11. Taylor Elected President of State Association. and. H. Taylor, Boonville. was e’acted president ot the Indiana Association of County and District Fairs at the annual convention in the Claypool Tuesday. Other officers are C. A. Halleck. Pensselaer. vice-president, and E. J. Barker, secretary-treasurer. Barker automatically is secretary by virtue of his duties as secretary of the Indiana state board of agriculture. Mayor Reginald H. Sullivan and L. O. Chasey. secretary to Governor Harry G. Leslie, welcomed delegates o-i behalf of city and state governments. It was the mayor's first public appearance since inauguration.

•HOOKEY PROVES 'FATAL - I.ad Disobeys His Mother to Work; Returns to Find Her Dead. h l nitfd Pres* JUAREZ. Mexico. Jan. 8 —Mrs. j Paulo Augilar wanted her two small sons to grow up and be gentlemen, j and although she suffered from tuberculosis she would not let them •leave school to work. One of the boys played truant j Tuesday, so he might earn a few pennies to give to his mother. When he arrived home he found her dead. Sobbing, the child ran to neighbors and cried; ‘ Mama told me never to play hookey or something would happen." BEAR GOES ON RAMPAGE Rifle Shot Ends Pilgrimage of Bruin to Downtown. By Vnited Prrs COLORADO SPRINGS. Colo . Jan. B.—A well-placed rifle shot ended the rampage of a 400-pound cinnamon bear in the downtown section Tuesday. G. W. Struthers. a butcher, shot and killed the animal soon after it had broken from its cage at a cottage camp and before it had caused any damage. NEW YORK COFFEE RANGE ■J&n. i High. Low. Close. Jinuiry 7.99 JJ2 777 v.urch ” 95 7 to 7.70 -y ...!. 755 735 735 September 7.51 7.30 7.30 ' cember *-*i 7.15 7.15

New York Stocks

—Jan. 8— Prev. Railroadv— High. Low. I*oo. close Atchison 212% Balt <5 Ohio ... 115% Canadian Pac ..190% 190% lWi 189% Chesa A Ohio 2®3 Chesa Corp ... ... JS Baldwin 33% 33 33% 33% Chi A- N West . 84% 84% 84% 84% Chi Ort West.. 15 15 15 ... C R I A P }HVa Del & Hudson 140 Erie 66% Erie Ist pfd.... 62 62 62 82% Ort Nor 98 98 98 98 O If Mob ft Oil . ... JO% Lehigh Valley . 73% <3% 73% 75 Kun Citv South 80% , Lou A Nash ... ... 131 Mo Pac • ■ ... 88 s M K A- T .... 49*i 48*i 49% 48% Mo Pac pfd-.. . 135** 135 1 135% 135 N Y C ntral . ..168% 187 167 168 ! N y C A St L.. 134 134 134 130% NY NH A H 11° Nor Pacific ... ... 86% O A W ... 13% I'ennsvlvania .. 72% 72% 72% 72% Reading . ■ 1 22 Seabd Air L pfd 24 24 24 ... Southern Rv ... ... IJ2 J 4 Southern Pac ..120 119% 120 120% St Pa il 24% 24% 24% 24% St Paul pfd .. 42% 42% 42% 42% St LA S W . 59 59 3 4 59% 60 S" LAS F .108’. 108% 108% 108 Union Pacific . 216% 216*4 216 3 4 ... West Maryland.. 25% 25% 25% ... Wabash 55% 55% 55% 56%' West Pac ... ... *4 Rubbers— Alax 2% 2% 2% 2 Risk 4 3 4 3% Goodrich 44 43% 44 44 j Goodyear ... ... 65 Kelly-Spgfid .... 4 4 4 4 Lee 8% 8% 8% 8% j United State ... 26% 26 26 26% Equipment?— Am Car A Fdy.. 81 8! 81 81 Am Steel Fd... 48% 48 48% 48% Man Elec Sup.. .. ... ... 27 General Elec 242% 239% 242 240 Gen Rv Signal.. 90% 88%. 90% 88% Gen Am Tank... 103% 102% 103% 102% S' Y Airbrake.. 45% 45% 45% 44% Pressed Stl Car.. .. ... ... 8% Pullman . 85% 84% 85% 86 Westlngh Airb.. 45% 45% 45% 45% Wesfingh Elec ..144% 142% 143 145 ■ Steels—jAm Roll Mills.. 84% 83% 83% 83% i Bethlehem 95% 94% 94% 84% i Colorado Fuel.. 41 40% 41 40% Crucible 88% , Otis 32% Rep Iron A Stl. . 75% 74% 75% 76 Ludlum 35' ; 34% 35% 34% 1 New ton ... ... 42% U S Steel 169*i ieß% 168*; 169 Alloy 32% 31% 31% 32% Warren Fdv 24% 24 24% ... Youngstwn Stl 112 1121 112 110% Vanadium Corp .. ... ... 51% Motors— Am Bosch Mag ... 43 Briggs 16% 15%' 15% 16 Brockwav Mot.. 14% 14 4 14% 14% Chrysler Corp.. 36% 36% 36% 36% Eaton Axle ... ... 29 Graham Paige.. .. ... ... 10% Borg Warner... 35 34% 3$ 34% Gabriel Snubbers 6 General Motors.. 40% 40% 40% 40% Elec stor Bat ... 71 Hudson 58% 58% 58% 58 Hupp 23% 23 % 23% 23% Auburn 185 185 185 190 Mack Trucks 71% 71 71% 72 Marmon 24% 24% 24% 25 ; Ren 12 12 12 12 Gardner ... ... 4% Motor Wheel 28% Nash 54% 53% 54 54 ; Packard 16% 16% 16% 16% Peerless 6% 6% 6% 6% Stud baker Cor 44% 44'- 44% 45 rimken Bear. . . 77% 76% 76% 77% Willys-Overland. B** 8% 8% 8% Yellow Coach 13% 13% 13% 13% I White Motor 31% 31% 31% 31% i Mining—;Am Smelt A Rfg 74% 74 74% 74% Am Metals 47% 48% 4G% 47*4 Am Zinc ... ... 10% ; Anaconda Cop.. 78% 77% 77% 78 I Calumet A Ariz .. .. ... 88 Calumet A Hecla 32% 32-4 32** 32% Cerro de Pasco 64 63% 63% 64% Dome Mines 6% Andes 36 Granby Corp ... 59 59 59 58% Gt Nor Ore 21% 21% 21% 21 Inspiration Cop. 29% 28V* 29% 29 Howe Sound ... 38% 38% 38% 39% Int Nickel 33% 32% 33% 32% , Kennecott Cop.. 61% 60% 61 60% | Magma Cop 51% Miami Copper.. 30% 30 30% 30 | Nev Cons 31% 30% 31% 31% Texas Gu! Sul.. 56 55% 56 56 St Joe 50% 49% 50% 49% U S Smelt 34% 34% 34% 34% Oils— Atlantic Rfg 38% 37% 38 38% Barnadali <A .. 23% 23Vi 23% 23% Freeport-Texas.. 41% 41% 41% 42 Houston Oil 54% Indp Oil A Gas ... 23 Cont'l Oil 23 23 23 22% Mld-Cont Petrol 27 27 27 27 I Par.-Am Pet 8.. 59% 59% 59% 59% I Phillips Petrol.. 34% 34% 34% 34% i Prairie Oil 51% 51% 51% 51% Union of Col ... ... 45% Prairie Pipe 59% 59% 59% 59 Pure Oil 23% 23'% 23% 23% P-oval Dutch 53% 53% 63% 53% Richfield 24% 24% 24% 24% Shell 23% 23% 23% 23% Sinclair Oil 24% 24 24 24 Skellv Oil 30% Std Oil Cal 61 Std Oil N J 65 64% 64% 64% I Std Oil N Y 33 32% 32’a 32% Tidewater 12% 12% 12% 12% Texas Corp 56 55% 55V* 56 Texas C A O 10% 10% 10% 10% Transcontl 9% 9 9Va 9% Industrials— Aciv Rumlev 11% Allis Chalmers.. 80% 49% 5C% 50% Ailed Chemical.. .. ... ... 261 A M Byers 91% 89% 91% 90 'Armour A 6% 6% 6% ... i Amer Can 126% 118% 120% 119% ! Alleghaney Corp 23% 23% 23% 23% Am Ice ... ... 37% I Am Wool 11 10% 11 10 Bon Alum 53 Vi 53 53 Vi 53% Coco Cola 134 1 Conti Can 50% 50% 50% 50% i Oertainteed 13% Croslev 17% 17 17 17 Congoleum 13*, ■ 13% 13% 14 Curtiss W 8 7% 8 . 8 Davidson Chem. 29% 29% 29% ... Dupont 118 117% 118 118 Famous Players 51% 50% 59% 51% Gen Asphalt 49** Fox A 23 22% 22% 22% Gold Dust 39% 38% 39% 39 Glidden 32% 32 32 32 Va ent Harvester... 80 79% 80 80 Kelvinator 8 8 8 7 /a Lambert —•••„ §, i Loews .' 47% 46% 46% 46% May Stores 53% 52% 53% 52 2 ' Kolster 4 4 4 4 I Montgom Ward. 46% 45% 46% 46 2 Natl C R 75% 75% 75% 75% Radio Keith... 23% 22% 22% 3* Owens Bottle ... ... 54 Radio Corp 42% 41 % 42Va 42 s Real Silk „ ... ••• ’7 Item Rand .... 27% 27% 27 * 27 1 Sears Roebuck.. 88 86% >B7 , 87 a Union Carbide.. 78% 77% 78 <9 Warner Bros ... 43% 42 42,a 4. * Ull Air Craft.. 48% 48V* 48% 48 Univ Pipe 3% 33% 3 USCs Ir Pipe. 32 19 21% 19% U S Indus Alco 133 Worthington Pu .. ... ... 68,2 Woolworth Cos. 67 64 s * 65 67 rtilities— Am Tel A Te 1.219% 217 Va 219% 218% Am Pr ALt .... 81% 79 81% SO Eng Pub Serv. 39% 39% 39% 39% Am For Power. 94% 92% 93% 92% Am Wat Wks 91% 89% 91 89 s Gen Pub Serv. 34% 34% 34% 34% Col Ci A E 76% 74% 74% .4% Copsol Gas 99 99 99% Elec Pow A Lt. 51% 50% 51*4 51% Int TAT 73’j 73% 73% 73% Nor Am Cos .... 95 94% 94% 95 Pac Light 80 77 79% 76% Pub Serv N J ... 85 83% 84% 84% So Cal Edison .. 56% 56% 56% 56% Std Gas A El ...114*, 112% 114% 114 | United CQrp .. 31% 31% 31% 31% Utilities Power 32% 31V* 31V* 31% United G A Imp 32% 32% 32% 32% West Union Tel. 195% 193 195% 190 Shipping— Am Inti Corp.. 3i% 37% 3i% 37% At! Gulf A W I 75 75 7.6 74% Inti Mer M pfd 29% 28% 29% 29 United Fruit ...102% 102% 102 a 103 Foods— I Am Sug Rfg .... 63 62 3 63 62** ; Beechnut Pkg b 2% | California Pkg. 67% 67% 61** 67 Canada Dry ... 68 64% 66*2 64% ! Com Products 89 Cont Bak A 44% Borden ... ... 68 Cuban Am Sug. 7% <% 7% 7% Hershev 79% 79% 79% ... Grand Union ... 14 14 14 14% Grand Union pf 37% 37% 37% ••• Jewel Tea 47 47 47 46% Kraft Cheese ... 39% 39*, 39% 39-* Kroger 44** 44% 44% 44% | Loose-Wiles .... 51% 51% 51% 51% Natl Biscuit ....181% 181% 181% 181 Natl Dairy .... 47*2 45% 46 47% Purity Bak 79% 79 79 Loft 4% 4% 4% 4 Stand Brands... 27% 37% 27% 27% Tobaccos— Am Sumtra .... 21% 20 21% 19** Am Tob B 199 Con Clears 4* General Cigar 53-* Lig A Meyers .. 96 96 96 97 Lorillard 17 16% 16% 17 R J Reynolds.. 58 49% 49% 49 a Tob Products B ... 3% United Cigar St. 4% 4% 4% 4% Schulte Ret Strs 5% 5% 5% 5% SUICIDE ATTEMPTS FAIL Attempts of two women to end their lives failed Tuesday afternoon. Mrs. Sylvia Leimingruber, 715 North Capitol avenue, was found unconscious in a gas-filled room at her home by her husband. Chester. 11l health was blamed for her act. Mrs. Alta Adams. 37. of 1108 North New Jersey street, who took poison and was found unconscious by her husband. William Adams, ! was recovering today.

PORKERS GAIN 25 CENTS AT LOCAL YARDS Lambs Strong With Steady Trend: Vealers Sell at $16.50 Down. Dec. Bulk. Top. Receipts. 31. SIO.OO SIO.OO 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 j 7. 9 90 10 OO 7.500 1 8. 10.10 10.10 4.5C0 | Hog prices generally were 20 to j 25 cents higher than Tuesday's av- 1 erage at the Union Stockyards. Thej bulk, 140 to 300 pounds, sold at $lO.lO. A few butchers were held j higher. Receipts were estimated at 4,500; holdovers, 336. Cattle receipts small at 800, and indications pointing to an unchanged market. Slaughter classes little change. Vealers stationary, selling at $16.50 down. Sheep and lambs were steady, with a good and choice grade of lambs selling at $14.50 down. Chicago hog receipts, 26,000, including 7,000 directs; holdovers, 7,000. The market was slow and 15 to 20 cents higher, compared with Tuesday’s average; few loads of choice 160 to 230 pound weights sold ; at $9.75 to $9.85. Choice of 250pounders sold at $9.60. Cattle receipts, 7,500; sheep, 17.000. —Hogs— Receipts. 4.500; market, lower. 250-350 lbs. and up $ 9.40© 9.85 225-250 lbs 10.00© 10.10 200-225 lbs 9.90(410.00 160-200 lbs 10.10 130-160 lbs 9.85(310.10 90-130 lbs 9.00® 9.65 Packing sows B.oo® 8.75 —Cattle— Receipts, 800; market, steady. Beef steers. 1,100-1.500 lbs. good and choice $12.25'515.50 Common and medium 9.50(412.25 Beef steers. 1.100 lbs. down. good and choice 12.50®15.75 Common and medium [email protected] Heifers. 350 lbs. down, good and choise 12.50(®15.00 Common and medium 8.00©12.50 Cows [email protected] Common and medium 8.500 8.50 Lower cutter and cutters ... 4.75@ 6.50 Stocker and feeder steers, good and choice 8.50(3:11.00 Common and medium 6.50® 8.50 —Veals— Receipts. 400; market, steady. Medium and choice $12.50©: 16.50 Cull and common 7.00® 12.50 —Sheep— Receipts, 800; market, steady. Lambs, good and choice [email protected] Common and medium 10.50® 13.50 Ewes, medium to choice 4.50® 6.50 Cull and common 2.00® 4.50 Other Livestock Bu United Press TOLEDO, Jan. B.—Hogs—Receipts, 300; market, 10c to 20c higher; heavies, $9.25 61 9.50; mediums. 59.70© 9.80; Yorkers, $9.50 ® 9.75; pigs, $9.50®9.75. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs— Receipts, light; market, steady. Hu United Press PITTSBURGH, Pa.. Jan. B.—Hogs—Receipts, 2,500; market, steady to 10c higher; heavy hogs were very slow, tending lower. Bulk 140-220 lbs., $10.50© 10.60; 230-300 lbs., $9.75©10: sows, $8®8.50. Cattle— None. Calves—Receipts, 125' market steady; good and choice vealers. sl6® 17 50. Sheep—Receipts, 600; market, steady; bulk fat lambs. $13©14.25; aged wethers, $6.50®7.50. Bit United Press LOUISVILLE. Jan. B.—Hogs—Receipts. 700; market. 25c higher; 175 lbs. up. SlO.Oo; 130-175 lbs.. $9.35; 130 lbs. down. $8; roughs. $8.10: stags. $7.50. Cattle—Receipts. 100; market, steady: prime heavy steers, $11.50© 13; heavy shipping steers. slo© 11.50; medium and plain steers. $8.50 I ©10; fat heifers, sß© 13; good to choice I cows. s7© 9; medium to good cows. s6© 7; cutters. $5,504(6; canners, s4@s; bulls. $6 ©9- feeders. $8®10.50; Stockers, $7.50® 10.50. Calves—Receipts, 100; market. 50c higher; fancy calves. $14.60; good to choice. $11.50® 14; medium to good. $8.50 ©10.50; outs, $8 down. Sheep—Receipts. 50: market, steady; ewes and wethers, sl2 50; buck lambs. $11.50; seconds. $5(88; sheep. s4®s. Tuesday's shipments: Cattle, none: calves, none; hogs. 163: sheep, none. Bu United Press CLEVELAND. Jan. B.— Hogs—Receipts. 2 100' holdovers, none; 150-250 lbs., 10©15c higher; bulk. $10.35® 10.40; heavier sorts downward to $10; 140 lbs. down, $10.25 or 25c higher; sows. sß© 8.25: stags. $6.25. steadv. Cattle-Receipts, 300; steady, common to medium steers around $10.75® 12. common to good cows, $6.50© 8; few low cutters under $5. Calves —Receipts, 400, active, strong to 50c higher; better grades vealers. $lB ©T9 or better, medium and common. sl3 @17.50 Sheep-Receipts, 1.400; lambs, weak to 25c lower; top. $14.25, bulk carrying wet fleeces. sl4 down; medlum throwouts, [email protected]; sheep, steady.

Local Wagon Wheat

Citv arain elevators are paying $1.17 for No. 2 red wheat and $1.14 for No. 2 hard wheat. DEATH AT MARION IS CALVIN CASE CLEW Relatives Here Probe Report of Exposure Victim’s Likeness. Members of the family of Otis F. Calvin, Indianapolis Sand and Gravel Company president, who has been missing from his home at 4060 Graceland avenue since Dec. 13, today were investigating reports that a man tallying somewhat with Calvin's description had been found frozen to death at Marion. The man was found in a shack and, unidentified, was buried. Circulars offering SI,OOO reward for Calvin’s recovery caused Marion police to report the death to police here. The description of the man at Marion differs in several respects from that of Calvin and a scar on Calvin’s leg is not mentioned in the Marion reports. BUTLER TERM FEB. 5 Mid-Year Registration at School Also Is Outlined. Mid-year registration at Butler university will be held Feb. 3 and 4, and work for the second semester will start Feb. 5. Miss Sara E. Cotton. university registrar, announced today. Preliminary enrollment and arranging of courses for students may start within the next week. An attendance of 1.900 students is expected for the second semester, Miss Cotton said. Asks Aid in Finding Son. Aid in finding her son, Thomas Ashby, from whom she has not heard for five years, was asked of The Times today by Mrs. A. R. Rees of 1477 Fairfax street, Hollywood, Tenn. The son was employed by the Studebaker Automobile Company at South Bend when his mother last received a letter from him.

THE li\OiA,\ APOLIS TIMES

Produce Markets

Eggs fcountry run!—Loss off delivered in IncAnnapoils. 39c: henery Quality. No. 1, 45c: No. 2. 35c: No. 3.30 c. . , Poultry (buying prices!—Hens weighing 5 lbs. or over. 24c: under 5 lbs.. 21c: Leghorn hens, 17c: springers. 5 lbs. or over 22c: under 5 lbs.. 19c; spring Leghorns. 15c; stags. 14c; cocks, 14c; capons. 8% lbs. or over. 28c: capons, 7% lbs. or over. 26c; capons and slips. 5 lbs. and over. 23c; capons, 5 lbs. and under. 20c; ducks, full feathered, fat. white 14s. These prices are for No. 1 top quality, quoted by Klngan & Cos. . .. | Butter (wholesale! —No. 1. *o<B.4lc. No. ■ 2. 39® 40c. Butterfat—3Bc. . Cheese (wholesale selling price per pound'—American loaf. 35c: pimento loaf. 37c: Wisconsin firsts, 27c; Longhorns, 27c; New York limberger. 30c. B v United Press _ , NEW YORK. Jan. B.—Flour—Dull and weak: spring patents, $6.50©7. Pork - Quiet; mess. $26.50. Lard—Firm; middle west spot, $10.50810 60. Tallow—Firm; special to extra. 7%@7%c. PotatoesQuiet and barely steady; Long Island, $2.50 ©6.40 barrel: Maine. $4.25® 5.40 barrel; Bermuda. $4.50© 10.50 barrel. Bweet potatoes —Dull; southern baskets, 60c©.51.65; Jersey, 50c©$2 basket. Dressed poultry— Easy; turkeys. 24 a 42c; chickens, 19® 40c: capons, 27®43c: fowls. 18®34c; ducks 18 fai sc: ducks. Long Island. 23©26c. Live poultry—Steady to firm: geese, 15®26c: duews. 15825 c; fowls. 28® 23c: turkeys. 30c; roosters 16® 17c: chickens, 20®25c; broilers ,25©32c. Cheese—Dull- State whole milk, fancy to special. 26@26%c; young Americas, 22® 25c. Bu United Press ~ . . CHICAGO. Jan. 8. Eggs Market I steady; receipts. 7,581 cases; extra firsts, j 46c; firsts, 44© 45c; ordinaries. 39© 42c; i seconds, 28© 36c. Butter—Market steady, i receipts. 8.244; tubs: extras, 33c; extra firsts, 32©32%c; firsts, 30®31%c; seconds, 28©28%c; standards, 33c. Poultry—Market steady; receipts, 2 cars; fowls. 27c; springers. 21c; Leghorns, 20c, ducks, 18c; geese, 14c; turkeys. 24c; roosters. 17c; broilers. 31 ©32c; stags. 19c. Cheese Twins, 20*/i®2o%c; young Americas. 33c. Potatoes—On track. 181; arrivals, 62; shipments. 669; market stronger; Wisconsin sacked round whites, $2.50©2.60; Minnesota and North DaKota sacked round whites, $2.35© 2.40; Idaho sacked russets, few sales, $3.15. Bit United Press CLEVELAND, Jan. B.—Butter—Extras. 39c; extra firsts. 38©38%c; seconds, 29©) 29%c. Eggs—Extras, 46c; firsts, 44r.. Ppultry—Fowls, 28©;30c: medium, 25@27c; Leghorn, 22® 24c; heavy springers, 25c. Jeghorn springers, 20c; ducks, 20®22c: old cocks, 13c; geese, 15©T7c. Potatoes—Ohio, $5.25 per 150-lb. sack; New York. $4.46 per 150-lb. sack; Maine Green Mountain, $3.65©3.75 per 150-lb. sack; Idaho Russet. [email protected] per 100-lb. sack. DEDICATE NEW WING Kiwanians in Attendance at Riley Hospital Rites. More than 200 Indiana Kiwanians attended dedication of the Kiwanis wing of the James Whitcomb Riley hospital for children Tuesday night. Hugh McK. Landon, Riley Memorial Association president, officially received the new $150,000 unit from Dr. J. Raymond Schutz, Indiana district Kiwanis governor, who made the presentation on behalf of Kiwanis clubs of the state. Speakers included Dr. William Lowe Bryan, Indiana university president; Dr. Charles P. Emerson, dean of Indiana university school of medicine; Fred C. W. Parker, international secretary of Kiwanis. The midwinter conference of Indiana district Kiwanis will be held at the Indianapolis Athletic Club today. Marriage Licenses Gale F. Rawlings, 31. of 99 North Ritter, I contractor, and Margaret Currie, 21, of 285 Burgess. The Rev. W. Perry Green. 56. of 946 Elm. and Mary Merrill. 56, nurse. Charles H. De Sautelle, 27, of R. R. 1. Box 44. of New Augusta, musician, and Harriett F. Hilton, 26, of 1649 Ashland, clerk. Harry O. Arbuckle, 41, of 1407 South Alabama, laborer, and Daisy M. De Mott, 48, of 901 Fletcher. Births Girls Edward and Maude Richardson, 706 Fulton. Smith and Edna Wesner, 5712 University. Clyde and Edmonia Smithen. 2340 North Keystone. Herschel and Cline Lacefleld, 1136 Southeastern. Frank and Delores King, 2035 North College. Ray and Eda Sherrick. 4912 Brouse. Raymond and Crystal Sims, 55 South Arsenal. Everett and Anna Sturgis, 3514 Ralston. John and Caroline Goodwin. Coleman hospital. Chester and Angela Staff, 920 North Holmes. Boys Ernest and Minnie Evans, 2032 Massachusetts. Floyd and Lena Johnson, 5211 Brookville road. Alfred and Alice Coleman, 948 North Belmont. James and Johanna Harris, 3115 West North. Sam and Johnnie Williams, 2214 Martha. Joseph and Letha Spradlin, 2306 North Gale. Cecil and Margaret Ikemire, 541 Birch. Raymond and Mary Raney, 2814 North Denny. Glenn and Glen Wassen, 1838 Ludlow. Ray and Lillian Godward, Coleman hospital. Will and Loralne Channing, Coleman hospital. william and Jessie Smith, 825 South Tremont, Twins Chester and Bertha Manus, 1044 Wright, boys. Deaths Henrietta, Christie. 56, city hospital, carcinoma. Lula Garnett, 49. city hospital, cerebrospinal meningitis. I Genevieve Miller. 25. Flower Mission hosI pital, pulmonary tuberculosis. Warren D. Johnson. 33. St. Vincent’s hospital, chronic cholecystitis. Melvin Mericle. 1, city hospital, cerebrospinal meningitis. Mattie Lou Bramlett, 52, 773 North Riley, acute myocarditis. Ella Foster, 63. 624 South Union, carcinoma. Inafnt Pierce, 1 day. 106 North Riley, premature birth. Viola T. Hess, 27. Methodist hospital. ; septicaemia. Ollie Freize, 54, 443 West Tenth, acute cardiac dilatation. George H Cave. 58, 4145 Broadway, lobar pneumonia. Mary Elizabeth Baymiller. 67. 602 Carlisle Place, chronic myocarditis. Lewis Farmer, 62, 151 West Pratt, acute dilatation of heart. Irene Roth. 27, Long hospital, accidental. Joseph Kestler. 51, St. Vincent’s hospital. nephritis. Sarah F. Altschuh. 84, 109 West St, Clair, chronic myocarditis. Ray O. Stark. 33, city hospital, cerebrospinal meningitis. Lemon Lagarder Brooks. 24. city hospital, cerebro spinal meningitis. Theodosia Simms. 34, Thirty-seventh and Pennsylvania, acute cardiac dilatation. William Depp. 35, 1514 Asbury, broncho pneumonia. .. _ ~ Charles Attaway, 51. 612 South West, carcinoma. „ , Thurston Coleman. 7, city hospital, cerebrospinal meningitis. Train Wreck Toll Now 17 Bu United Press TUNIS, Jan. B.—The death list of the Tunis-Constantine railroad ac- | cident at Nardor was increased to seventeen toda5 T ANARUS, when five of the | twenty injured passengers died. The ! train plunged into a ravine Monday. (JMlnvestments AMERICAN * COMPANY 9 Indiana’s Lairgeat Investment Hoove

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

WHEAT PRICES UP ON STRONG FOREIGN NEWS Russian Wheat Sales Are Discounted on Famine Conditions There. Bu United Press CHICAGO, Jan. B.—Wheat prices rose fractionally on the Board of Trade today on higher foreign cables. Liverpool was 1!4 to 1% cents higher and Buenos Aires was Vi to cent higher. Scattered buying and some short covering with little pressure gave the market a better tone. Com and oats were rather steady. At the opening wheat was % to % cent higher, corn was unchanged to Vi cent higher and oats was Vi cent higher. Provisions opened steady to strong. Liverpool opened lower than due this morning but rose quickly on better demand. The feeling among traders is that the news of Russia’s wheat sales is having an effect beyond its importance. They can not reconcile an almost famine stricken country selling very much wheat or for very long, except for the necessity of establishing credit. Sentiment is bearish as it is felt that Argentine’s new crop will be in competition with United State’s large surplus shortly. Corn is somewhat depressed by the weather, which is favorable for husking and cribbing, and the weakness in wheat. Heavy receipts are expected, traders preferring to act cautiously until the actual arrival. Oats has had no special pressure and has recovered easily on all dips. Trading, though, is very light. Chicago Grain Table —Jan. 8— WHEAT— Prev. High. Low. 12:00. close. Mar 1.29 1.28% 1.28% 1.27% May 1.32% 1.31% 1.32*4 1-31% July 1.33 1.32% 1.32% 1.31% CORN— Mar 91 V e .90% .91% .90% May 94*4 .94 .94% .94 July 96 .95% .96 .95% OATS— Mar 47% .45% .45% .47% May 49 .48% .48% .48% July 47% .47'% .47% .47% RYE— Mar 1.03% 1.04 1.04 1.03% May 1.01% 1.00% 1.00% 1.00% July 1.00 1.00 1.00 .99*8 LARD— Jan 10.17 10.02 10.17 10.00 Mar 10.37 10.22 10.37 10.20 May 10.57 10.40 10.57 10.40 Bu Times Snecial CHICAGO. Jan B.—Carlots: Wheat, 13; corn. 93; oats. 17: barley. 5.

The City in Brief

THURSDAY EVENTS TndianapoUg Traffic Club dinner, Severin. Indianapolis Flower Mission dinner, Columbia Club. Lumbermen’s Club, luncheon, Columbia Club. Advertising Club of Indianapolis luncheon. Columbia Club. American Business Club luncheon Columbia Club. Real Estate Board luncheon, Chamber of Commerce. Sigma Nu luncheon, Lincoln. Caravan Club luncheon. Murat temple. Indiana Bottlers Association, Athenaeum. Indiana Berkshire Association, Claypool. Indiana Board of Agriculture, con ference, statehousc. Annual Informal dinner and I ladies’ night of the Indianapolis Medical Society at the Athenaeum Tuesday night was attended by approximately 300 person?. Officers were installed, and certificates of service presented. Robert E. Neff, former administrator of the Indiana university hospitals and school of medicine was among guests Tuesday night at dedication of the Kiwanis wing of the James Whitcomb Riley hospital for children. Neff now is superintendent of the lowa State university hospitals at lowa City, la. El Comancho, adventurer, trapper and rider, will address the Advertising Club of Indianapolis Thursday noon at the Columbia Club. Taking office as president of t?v Indianapolis Bar Association at the meeting at the Columbia Club tonight, William L. Taylor, attorney, will speak on ‘‘The Proposed Constitutional Convention.” j wii __ __ United Labor Bank Stock NEWTON TODD 415 Lemcke Bldg. 247 North Pennsylvania Street Our new downstairs location has created an unusual demand for high-class rental properties. List your properties with us . . . special rate. INSURANCE RENTS APPRAISEMENTS REAL ESTATE LOANS Lincoln 7491

Business and Finance

More than $500,000,000 Is now loaned annually in amounts of S3OO or less under the uniform small loan laws now In force in twenty-four states, it is pointed out by Pierre E. Bonin. President of Clarence Hodsor <fe Cos.. who states that the democratization of credit in the United States will eventually afford ample means for emergencies to every citizen with an honest intention to repay. . . . The human service of the industrial loan business cannot be over-estimated, Bonin declares, citing numerous Instances where crises in family life have been met by personal loan service. Through the agency of the industrial loan companies throughout the country, he adds, many families have been taught the value of budgeting their expenses and obtaining the greatest good from their incomes. NEW YORK. Jan. 6.—Auburn Automobile Company is showing three new models at the New York automobile show at prices representing reductions of from SIOO to $350 from previous levels. Most price changes in the automobile industr/ recently have been upward. E. L. Cord, president of Auburn, announced the lowered prices. Directors of International Cigar Machinery Company increased the regular quarterly dividend on the common stock from $1 to $1.25 a share, thus placing the stock on a regular $5 annual dividend basis. The dividend is payable Feb. 1 to stockholders of record Jan. 17, 1930. In 1928 the company paid out $4 In the form of regular dividends and $2 extra. Loadings of revenue freight for the week ended on Dec. 21. which totaled 842,843 cars, the car service division of the American Railway Association reports. Compared with the corresponding week in 1928, this was a decrease of 58.137 cars, but an increase of 12,673 ears above the corresponding week in 1927. The totals for Dec. 21, was a reduction of 80,757 cars under the preceding week. New security financing in 1929 was the largest in history, aggregating more than thirteen billions of dollars, according to the annual Investment review of Lawrence Stern & Cos., investment bankers of Chicago and New York. Os this amount about nine and a half billion dollars was publicly offered in the form of stock, bond and note Issues, while the remainder represents an estimate of the amount distributed in the form of rights to stock-

Indianapolis Stocks

—Jan. 8— Bid. Ask. American Central Lfe Ins C 0.1.000 Belt R R & Yds Cos com 60 64*4 ‘Belt R R & Yds Cos pref 55 60 Central Indiana Power Cos p.. 88 91 •Circle Theater Cos common.. 104 ... Cities Service Cos common 28*4 ... Cities Service Cos pfd 90 Citizens Gas Cos common .... 34 42 Citizens Gas Cos preferred ... 94 100 Commonwealth Loan Cos pref... 98 Hook Drug Cos common 44 Indiana Hotel Cos Claypool c. 125 Indiana Hotel Cos pref....' 100 Indiana Service Corp pref... 70 Indianapolis Gas Cos common 56 Indpls Power & Lt Cos pfd..100% 102 Indpls Pub Welfare Loan As c. 51 Indpls St Railway Cos pref.... 27 32 Indpls Water Cos pref 86 ... •Inter Pub Serv C prior L pfd 98 101% Interstate Pub Serv Cos pfa.. 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 & Sons Fertll Cos pfd. 50 Real Silk Hosiery Cos pfd ... 90 Standard Oil Cos of Indiana. 54 T H Indpls & Est Trac Cos pf Terre Haute Trac & L Cos pfd Union Title Cos common 45 Van Camp Prod Cos Ist pfd 98 Bobbs-Merrill 29 33% Com Wealth Loan Cos pfd 7% 96% Share Holders Invest C0r.... 24 ... •Ex Dividend. —BONDS— Bid. Ask. Belt RR & Stock Yds Cos 55.. 84 Broad Ripple Trac Cos 5s .... 29 Central Indiana Gas Cos 5s Central Indian Gas Cos 55... 97% 99 Citizens Gas Cos 5s 99% ... Citizens Street Railroad 55.... 45 49% Gary Street Rv Ist 5s 70 Home T & T of Ft. Wayne 6s. 102 Indiana Hotel Cos 5s 100 Ind Northern Trar Cos 5s .... 3 5 Ind Railway & Light Cos 55.... 95% 97% Indiana Service Corpn 5s 85 Indpls Power & Light Cos 55.. 98 100 Indiana Union Trac Cos 55.... S Indpls Col Sc So Trac 6s 94 Indpls Gas Cos 5s 99 Indpls & Martinsville T Cos 55.. 15 Indpls No Trac Cos 5s 8 13 Indpls & Northwestern T Cos 5s 15 ... Indpls Street Ry 4s $. 43 48 Indpls Trac & Terminal Cos 5s 92 Indpls Union Ry 5s Jan 100 ... Indpls Water C'o 5%s .......100 104 Indpls Water Cos 5%s 100 104 Indpls Wat Cos lien & ref ss. 1 92 Indpls Water Cos 4%s 92% ... Indpls Water Works Sec Cos 5s 80 Interstate Pub Serv Cos 4%5.. 87% ... Interstate Public Serv Cos 55.. 95 No Ind Pub Serv Cos 5s 96 ... No Ind Teleph Cos 6s ...... 95% ... Terre Haute Tr & Light Cos 5s 86 91 Union Trac of Ind Cos 6s 14

Over 340,000 people now own CITIES SERVICE COMMON STOCK ON January 2, 1930 there were largest essential business enterprises in 341,497 Cities Service Common America—you share in its success and stockholders who received the 207th its earnings . If you had invested SI,OOO dividend paid by the Company to in Cities Service Common stock on owners of this nineteen - year - old January Ist, 1911 and held all stock security. Os these Common stock- dividends, you would have, today, holders, 93,263 were added between holdings worth $34,575. October 15th and December 15th, 1929. To date, over $117,000,000 in cash Over 600,000 people now own se- and securities have been paid in divU curities of Cities Service Company dends to holders of Cities Service Com* or its subsidiaries. mon stock. Earnings of Cities Service Company At its present market price and divisor the year ended November 30th, dend rate, your investment in Cities 1929 were the largest Service Common stock in its history. These yields over 6V Z % year • record net earnings, An Investment In Cities Ser- i y in stoc k and cash, totalling $41,650,882.- SSS 06, represented an your eggs in one basket-Your increase of more than I-Hdcnds come from the You can learn more $8,500,000 over the .pteid ovTss about the Citiee Setprevious year. states and doing a day-and- vice organization by ft ts night business in modem reading the booklet . necessities...in electric light m r,n’Annrl f L„ When you own Cities and power , manufactured mentioned in the Service Common stock and natural gas, and petro- coupon below. Sendyou participate in the lcum P roducts - ing for it will put you growth of one of the J ' under no obligation. HENRY L. DOHERTY & COMPANY 60 Wall Street, New York City Branches in principal cities ®) HENRY I- DOIIERTY COMPANY, \ /AX 1013 Merchants Bank Bids., Indianapolis, Ind. _ Send copy of booklet describing the Cities Service organization and the investment possibilities of its securities. —J Name— Address \m? / "•--

holders and other method* of private *ubscriptions. Despite the seemingly severe readjustment in the aviation industry during 1828. the Industry lt continuing to expand, naythe Brookmire Economic Service. Inc,, the only change being a slowing up m the rate of Increase. The year 1928 showed a 200 per cent Increase over 1827, and 1929 will show an advance of only 26 per cent over 1928. This year’s production wHI total 6.500 planes, as compared with 4.346 in 1928. and the value of all aircraft products will be $80,000,000 as against $64,662.000 In 1928. While lt cannot be denied that there has been some overproduction of airplanes and engines in 1929." savs Brookmire. “the above facts Indicate that a sound basis is being laid for future growth of a substantial nature. Electric Power Associates. Inc., reports for the eleven months ended Dec. 31. 1929, realized net cash profits from Interest, dividends and the sale of securities of $1,213,668. according to H. Hobart Porter, president After expenses there remains a balance of $1,165,715 available for taxi : (estimated at $120,0001 and dividends from which there has been declared a dividend of 25 cents per share, payable Feb, 1. 193d. to stockholders of record at the close cf business Jan. 15. 1930. The report cover" the eleven months of operation since the organization of the company Feb. 8, 1929. Locomotives on order In Dee. J. 1929. numbered 299, compared with 123 on the same day in 1928, and 69 in 1927. On Dec. 1. 1929, the railroads had 341 on order. New freight cars paced in service In the first eleven months of J 829 totaled 76,773, of which box cars totaled 37,474; coal cars 28,638; fiat cars, 3,884; refrigerator ears, 8,509, and stock cars, 2.672. Other classes of equipment Installed in service that year totaled 596. Setting anew record for investment trusts of the fixed type, the sales of North American Trust Shares for the year 1929 totaled $40,117,516. Lee. Stewart & Cos., syndicate managers for Distributors Group. Inc., announced today. In addition to the regular semi-annual dividend of t> per cent, an extra payment ,4.4 per cent has_ been declared to be paid {£*® r *;k2! t * P J s record Dec. 31. 1929. Total dividend disbursement amounting to a PP, r .??is ia r } p i $2 000,000. as compared with $938,490 paid on June 30. 1929. consist of the regular dividend of 30 cents per share and an extra of 21.4 cents per share. This is at the annual rate of approximately 11.37 per cent on the 3,676,000 outstanding shares of the trust.

On Commission Row

FRUITS , ... Apples—Delicious, box extra fancy, $3.75, choice. s2© 2.25: Jonathans. $2.70; Grimes Golden. $2.50; New York Duchess. $2.25® 2.50; Gravensteln, $3; Wolf River. $2.50. Staymen box. $3©3.25. u .* Cranberries—s 4 a 25-lb. box. $8 25 a 50-lb. box. ~ Grapefruit—Florida. $4.50®5. Grapes—California. seedless. $3.50 a crate; Emperor $2.50512.75 a crate. Lemons —California, a crate, $9. Limes —Jamacia, $2.50@3. xa Oranges—California Valencia, $4.50©8.50. Strawberries —60c a quart. Tangerines—s3.so a crate. VEGETABLES Beans—Florida. $4.75@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-lb. bag. $1.75. Parsley—Southern, doz bunches, *l. Peas—California. $6.50 a hamper. Peppers—Florida, $7 a crate. Potatoes —Wisconsin and Minnesota white, $4.25© 4.50 a 160-lb. bag: Red River Ohios. 120 lbs., $3.90: Idaho Russets. $4. Radishes—Button, hothouse, dozen 90c; southern. long red. 15©!25c dozen. Sweet potatoes—lndiana Jersey. $2.50 a bushel; No. 2. $1.65 a bushel; Nancy Halls, 51.75 a hamper. , . . . Tomatoes —California. $3 a bag, hothouse, $2.50 a 8-lb. basket. Bu United Press . . . , CHICAGO. Jan. B.—Apples per bushel. $1.50®3. SUES for”rum’ death "' AURORA. Ul., Jan. B.—A mother of thirteen children, Mrs. Elizabeth Francis, today sought $25,000 from Ira Bushby, Yorkville summer resort proprietor, because her husband, she alleged, died of poison liquor sold him by Bushby. Bushby denied selling or giving Robert Francis any liquor. .A coroner’s jury found Francis died of apoplexy.

.JAN. 8, 1930

NEW LABOR ERA PREDICTED FOR WAGE EARNERS Conference of American Federation of Labor Takes Up Problem. BY MATTHEW WOLL Vice*l'reiidfQt, American Federation o( Labor. (Written for the United Press) CHARLOTTE. N. C., Jan. 7.—The organization conference of the American Federation of Labor held in Charlotte, N. C„ marks the beginning of anew labor era in the south. This conference is the largest and most representative group that ever met in the south to undertake a Joint organizing campaign. Headed by the president and secret ary of the American Federation of Labor, it is made up of representatives of ninety-five trades and callings, representatives of southern state federations of labor and many Central Labor Unions. Industries have been slow to develop in the south and agriculture dominated by one crop has kept the rural population poor. Consequently wages and w'ork standards are lower in the south than in other sections. Expansion Needed The American Federation of Labor had a framework of organization extending through southern handcrafts and miscellaneous trades, but the development of the textile industry alone that took on 82,000 more workers in eight years requires an expansion of union organization in order to raise southern standards and to protect higher conditions in other sections against competition with low' wages and long hours in the south. The campaign for organizing southern workers which w'as determined on by the Toronto convention of the American Federation of Labor has as its goal industrial liberty and wider opportunities so southern labor. In the historic Mecklenburg county, where the first declaration of independence was written a year before the famous declaration of July 4, 1776, the American Federation of Labor offered the trade union as the agency for establishing their rights and economic freedom. Standards Low In the south, higher wage earners’ buying will create a home demand for products, which is the next step in the industrial growth of the south. Wage earners here now* are living w*ith only the barest necessities of life; sometimes not even that. . They are eager for the material benefits that mean a higher life. Low wages are the great dam which blocks the flow of industrial gods to supply the workers’ needs and stimulate industrial prosperity. Today in the southland, textile mills are closed down for lack of orders. Thousands of men and women were thrown out of work just before Christmas. What is going on In the south is what England experienced when the feudal system broke up and the factory system came.