Indianapolis Times, Volume 41, Number 220, Indianapolis, Marion County, 23 January 1930 — Page 16

PAGE 16

STEEL SENDS ISSUES HIGHER; TRADING ACTIVE Leading Industrials Force Stock Market Into Better Grounds.

Average Stock Prices

Average of thirty Industrials fdf Wednasda - WM 250 19, up 61. of tenty ra'l"- 147 42. up 51 Average of ter.t> utilities 66 25. up 02 Average of forty bonds was 93 78. off 08. Hj/ United Press NEW YORK. Jan. 23.— United States Steel, laggard for some time, developed its oldtime strength on the Stock Exchange today and ied ihe list into higher ground. The market In the early dealings was mixed in a narrow range, and *eemed to be marking time to determine the effect on sentiment of the failure of the Bank of England to reduce its discount rate as had been expected. There was some dampening of ardor due to the retention of the 5 per cent London rate, but it was soon replaced with optimism on the business situation. Leading industrial* gradually forged ahead and then steel swung into action, coming out In large blocks toward noon. Once the leading industrial had definitely turned upward the entire market displayed a better tone and trading became slightly more active. In the first half hour when uncertainty prevailed dealings amounted to only 93,500 shares, compared with 305,300 shares in the same period Wednesday.

Banks and Exchange

INTHANAJF'OIJS STATEMENT Indianapolis banc clearing.'; Thumdoy, Jan. is, *2,889,000 debit*. *5.987,000. CHICAGO STATEMENT Bn United Press OHICAOO, Jan. 2* Bank dealings, *90,000,000; balance* *14,200.000. N*W TORK STATEMENT Bu Unit id Press NEW YORK. Jan. 23.—Bank clearings 9929,000,000 clearing house balance, *148.000,000; federal reserve bank credit balance $127,000,000. TREASURY STATEMENT tv Unit'd Press WASHINGTON. Jan. 23 Treasury net balance Jar. 21. *104,055.889.49; custom* receipts for the month to the same date totaled *28.441.896.65. government expenditures on Jan. 21, were $4,798,067.43.

Investment Trusts

Bid. Asked. I American Founders, new 27*4 28*'^ Basic Industry Shares BVs B‘s Corporate Trus* Shares 8 9‘s Fixed Trust Shares A 19* i ... Fixed Trust Shares B }*>• Investment Trust of N Y... W ll • leaders of Industry 10’ 11 a N American Trust Shares .... 8 5 4 *i Petroleum Trading Corp A... 20 2S Revbarn Cos 10 20 S W Strauss Inv Cp Units 52 38 Trustee Std Oil Share 11 11% U S Elec Lt & Pwr 8h A 38 42 GIRL TO BRAVE RAPIDS Explorer. 10, to make Risky Voyage on Colorado RiTer. Bu Vnited l'r< hk DENVER. Colo.. Jan. 23.—Mary Remsen North, a 10-year-old girl explorer, prepared today to brave the rapids of the lower Colorado river. Bearing letters of introduction from Governor Franklin Roosevelt of New York to the Governor of Colorado and governors of other states of the Colorado river basin, the girl arrived here with her parents, Mr. and Mrs. Arthur W. North, of Delaware. N. Y. If the boat voyage is successful, Mary will be the youngest, person ever to traverse the entire lower course of the Colorado. ASK HOSPITAL FOR CITY Ilwsntuui Take Action to Bring Veterans’ Institution Here, Location of the proposed govern - ment hospital for disabled veterans on a site adjacent to the city and state hospital center in Indianapolis ia favored by members of the Kiwanis Club. The club Wednesday adopted a teeolution urging the hospital be located here. Copies of the resolution were mailed to Senators Arthur R, Robinson and James E. Watson, and to Representative Louis Ludlow. WOMAN DIES SUDDENLY Faneral Services Delayed. Pending Autopsy by Coroner. • Mm Ora Neal. 64. of 516 Drover street, died suddenly Wednesdaynight at her home. Retiring for the night she told her sons. Thomas and Chauncey Neal, "It is too late to call a doctor.'’ Coroner C. H. Keever attributed death to natural causes. Funeral arrangements have not been made, pending an autopsy. 1,700 ARE GRADUATED Commencement Exercises Started by City Grade Schools. I Commencement exrcises in city I grade schools were started today I and will continue through Friday. I with about 1.700 children being gradI uated. 1 School officials said this is a Ijmaller number than was graduated last January, but that the June /commencement, lists will show an in- ( crease over 1929. Father of Six Dies Ru Time* Special FOUNTAIN CITY. Ind.. Jan. 23. Fredrick M. Lacey. 59. is dead here, where he spent practically all of his life. He leaves a son. Forest, here: five daughters, Mrs. Cecil Cuscis. Tacoma. Wash.: Mrs. Zella Donovan. South Gate. Cal.; Mrs. Agnes Downs and Mrs. Earl Schuppert, Whittier, Cal., as.d Miss Gen Gwendolyn Bracey. Fountain City: a sister. Mrs. L. O. Anderson. Fountain City, and five brothers. Albert. Marion: Clifford . W inchester ; Harry. Salonie: Bert, Spartans burg, and Ora, Fountain City,

New York Stocks " (By Thomson A McKinnon t ————

—Jan 23Trev. Railroad*— High. Lov. 12 00. close. All Coast Line. .. ),•*)_ ! Balt * 0hi0... 117*, 116 * 117*4 118% ( Canadian Pac 201 la 199‘v 199 * 199_ l Chea A 0hi0.213 212% 713 212 - I Chesa Corn . . 68% 88 58 % 67% Chi A- N West.. 85 85 85 84’a C R I A- P ... }i’ Del A Hudson. 173’ i 173% 1-3 a I<2 Erie 58% 57*4 58% 57% Erie Ist pfd • 6Z % ; firt Nor 96*4 96*4 96*4 . . 1.1 Central JJ® Lou A Nash. .. ■ ■ ■ 138 Mo Pac .. 90 98% 89% 90 M K A- T 53';* 52 02% 52 N Y Centra! . .174% 174% 174% 174 N Y C A B*. L 134 134 134 NY NH A H ...111% 110’s 111*/* 110% Nor Par MS Norfolk A West , 129% O A VV 14% 14% 14% 15*. Pennsylvania .. 78% *7- *< 4 <7 4 P A W Va 119% 119% 119% Reading 123% Southern Ry 136 136 138 135% Southern Pac ...120% 120% 120% 120% St Haul .. 24% 24% 24% 24-* S' Paul pfd ... 43 42% 43 ;% St L A S H 109% Union Pacific . ... 216- * West Maryland 26’ 4 25 s * 2a% 25% West Pac 23’2 23% 23% ... Rubber*— pfic* .v.v.www*. 3% i% j% j% Goodvear 64's 64-* 64* 65 Kellv-Spgfid 4*4 4% 4*4 5 United States 23% Equipments— Am Car A Fdy. 78% 79 79 79% Am Locomotive. 94% 94% 94% 99% Am Steel Fd. 47% 47 47% 46% Am Air Brake Sh .. ... ... 48% Man Eiec Sup.. .. 28% General Elec . ...251% 249% 251% 249% Gen Ry Signal.. 90’* 90’* 90’* 90- 2 Gen Am Tank.. 103% 103% 103% 183*4 N Y Air Brake.. 45 45 45 45 Pressed Sti Car.. 9% 9% 9% 9% Pullman 84 83% 83 a 84% Westingh Air B. .45 45 45 45 Westir.gh Eiec ..148% 147 1,148 147% Steels— Am Roll Mills 86% Bethlehem 97 % 96*4 97 96’* Colorado Fuel.. 42% 41% 41% 40% Gulf States Stl.. .. ... ... 57% Otis 31% 31 % 31% 32% Rep Iron & Stl .75% 74 74% 74 Ludlum 36% 35 : % 36% 35** Newton 50 49% 50 48% U S Steel 172 s * 170% 172% 170% Alloy 32% 32 32% 31% Warren Fdy ... ... 25% Vanadium Corp. 55 54% 55 54% Motors— Am Bosch Mag. .. ... ... 42% Briggs 15% 15% 15% 15 5 a Brockway Mot.. 14 14 14 ••• . Chrysler Corp .. 34% 34 34% 34% Eaton Axle ... 29% Graham Paige.. 9% 9% 9% 9% Borg Warner .. 36% 36 36 35*4 Gabriel Hnubbrs .. ... ... 8% General Motors. 39% 39** 39% 39 s * Elec Stor Bat .. 71 70% 71 71 Hudson 56% 56 56 56% Hayes Bod Corp 7% 7% 7% ... Hiipp 21*4 21*2 21% 21% Auburn ... ... 183 Mack Trucks ... 72% 72% 72% 71% Marmon 23%. 23% 23% 23 Reo 11 11 11 Motor Wheel ... 27% Nash 53% 53% 53% 53% Packard 15% 15*4 15% 15’* Peerless ... ... 7’* Btudebaker Cor. 43% 42% 43% 42% Stew Warner .... ... ... 41% Timken Bear ... 74% 72% 73% 73% Wlllys Overland 8% 8% 8% 8% Yellow Coach ... 13% white Motor ... 32 32 32 ... Mining— A.m Smelt 6i Big 70 70 70 7® Am Metals 44% 44% 44% 44 Am Zinc 15 14% 14% 15 Anaconda Cop.. 71% 70% 71% 70% Calumet A Ariz. 82% 82% 82*4 83 Calumet & Hecia 29% 29% 29% 29% Cerro de Pasco. 60% 69% 60% 80% Dome Mines ... 8 7*4 8 7% Andes 32% 32% 32% 33 Granby Corp ... 53 53 53 51% Ot Nor Ore 22 22 22 22 Inspiration Cop. 26% 26’7 28*4 26*4 Howe Sound ... 36% 36 36% 36 Int Nickel 36% 36'* 36% 36% Kennecott Cop . 56% 56 56 56% Magma Cop ... ... 46% Miami Copper.. 28% 28% 28% 28% Nev Cons 27% 27 s * 27% 20% Texas Gul Sul.. 57% 57% 57% 57% St Joe 51*4 51*4 . 51*4 51% U S Smelt 33% 33% 33% 33% Oils— Atlantic Rfg ... 37 36% 37 38% Barnsdall (At .. 22 21% 22 21*4 Freeport-Texus . 40% 40% 40 4 40* i Houston Oil ... 54% 54% 54% 54% Indp Oil & Gas 217* 21% 21% 21% font! Oil 21% 21% 21% 21% Mtd-Cont Petrol. 25% 25% 25% 25 Lago Oil A Tr ... ... 22 Pan-Am Pet B 51 Phillips Petrol.. 32 31% 32 32 Prairie Oil 43*4 49% 49% 49% Prairie Pipe .... 58% 58% 58*4 38% Pure Oil 23 23 23 25% Koval Dutch ... 52*4 52% 52*4 53% Richfield 22% Shell 22% 22% 22% 22% Biinms Petrol .. 23 23 23 22% Sinclair Oil 24 23*4 23*4 24 Skelly Oil 30% 30% 30% 30% Std b!l Cal .... 59% 59*4 59*4 59% Std Oil N J 62% 62% 62% 62% Std Oil N Y .... 32% 32% 32% 32V* Tidewater 13 12 12 12% Texas Corp .... 54 53*4 54 64 Texas C A O .. 9% 9% 9% 9% Trnnscontl 9% 9 9% 9 White Eagle 26% 26% 26% 26% Industrials— Adv Rumley ... 18% 16 18 15% Allis Chalmers .. 54 52% 54 53% Allied Chemical 265% A M Byers 91% 90 90 89% Armour A 5% 5% 5% 5% Amer Can 124% 123% 124 124 is Alieghaney Corp 26% 25% 26 25% Am Safety Raz.. 61% 61% 61 % 60% Am Ice 37% 37% 37% 37% Am Wool 11 11 11 U Assd Dry Good* 32% 32 32 32% Bon Alum 49 48% 49 47% Coco Cola 141*4 140*4 140*4 140 ,8 Conti Can 53 53 53 53 Orosiev 17% 15*4 17% 15% Cotigoleum 16*4 16% 16% 16% Curtiss W 7 6% 7 7 Davidson Chem. 82 31% 32 31 Dupont ... 11% Famous Players. 58 57% 58 57 Gen Asphalt ...... .. .•• 51% Fox A 23% 21*4 23** 22*4 Gold Dust 43% 43% 43% 43% Qlldden 32% 31*4 32 2 2H, 8 Int Harvester ... 86*4 34% 85 83 * Kelvinator 10*4 10% 10% 10 a Lambert 100 99',4 99 * 100 Loews 57 56% 56% 56% Mav Stores .... 54% 54 * d4% 53 2 Roister 2*B 2% 2 * * 8 Montgom Ward. 44’* 43% 44% 43% Natl C R 75% 75% 75% 75% Radio Keith .... 27% 26% 27 27 4 Owens Bottle... 54% 54% 54% 54% Radio Corp .... 37% 36 4 37 4 3. Rpftl Silk 49 7 8 49 50 Rem Rand 29}a 293. 29;, 29 1* Sears Roebuck.. 87% 86 a 8. 4 96 4 Union Carbide.. 82% 82% 82* 82 Warner Bros ... 50% 49% 50% 50 Un Air Craft ... 50 s * 49*4 50% 50_ Univ Pipe ...... 5% 4 s*B J a USCs Ir Pipe. 25 24% 25 24 U 8 Indus Alco 111% 113% 117 113 Worthington Pu 71 <1 ** JWoolworth Cos.. 68 68% 68 j 68 Am t TeV*A~TeI . 220 219% 220 219 Am Pr ALt ... 84% 84% 84% 84 Eng Pub Serv.. 43’* 43'* 43% 43% Am For Power.. 92% 91% 92% 9-% Am Wat Wks ... 92'.- 81% 92 92% Oen Pub Serv.., 35 34*4 35 35 Col GA* E .... "8’ T 7 77Ts 76*4 i Consol Gas ..105% 105', 105-s 10s [Elec Pow A Lt,. 55% 54% 55% 54 2 I Int TA T 69’* 69% 69% 69% I Nor Am Cos 96*2 96% 96% 96 s Pac Light 82 81% 82 81% Pub Serv NJ .. 84% 84% 84% 84 So Cal Edison .. 57% 5.% 57% 58 Std Gas A E1..114 112 113% 113% United Corp ... 33% 32’* 33 33 Utilities Power . 33% 33% 33% 33% United G A Imp % 35% 35% 36% West Union Tel. 204% 102'* 202*2 202 Shinning— Am Inti Corp ... 37 37 37 37 Inti Mer M pfd .28% 28% 28% 29% United Fruit ...102% 102% 102*2 102% Food*— Am Sug Rfg ... 63% 62% 63*2 ... Cudahv ........ 45'; 45% 45*4 4a% California Pkg 67% Canada Dry ... 68 s * 68 68 67 Com Products.. 91% 91% 91% 91% Cont Bak A .... 42'a 42'* 42% 41*4 Borden 64% 64** 64 % 65 Cuban Am Sug ... 8% Grand Union ... 14 s * 14% 14% 14*s Grand Union pfd 39 i Jewel Tea 46’* 'Kraft Cheese ... 46% 46 46 46% Kroger 48% 47% 47% 4,2 I Loose Wiles .... 56% 54% 56*4 54% Natl Biscuit ...194*2 194% 194% 195

In the Stock Market

tßv Thomson & McKinnon) NEW YORK. Jan. 23—While some disappointment may be occasioned by the failure of the Bank of England to reduce its rediscount rate this morning, we feel that the many other encouraging developments with which we have been favored recently will offset much of it. Changes in business fundamentals, slight though they are. are still on the side of improvement. It is most encouraging to find that one of tlie larger units in the automotive industry is planning capacity operations within the very near future, and lt is becoming noticeable that the railroads are beginning to order new equipment in larger volume. Bethlehem Steel, after the close, will probably report record breaking earnings for any peace time year, so that we have ample reason for expecting the market to continue its gradual improvement.

Natl Dairy ... 46’, 46% 46% 46% Puritv Bak .. 83 % 83% 83% 83 Stand Brand?.. 27% 26% 27’, 27 Loft 3% 3% 3% 3% Ward Baking B. 6% 5% 6% 6% Tobacr*,— Am Sum’.ra .... 22 20% 22 21% Am Tob B 214’* 213*4 214 214 Con Cigars 48’, 48% 48 * 48% General Cigar ..52 52 52 52% I*ig A Meyers ..100 s * 99% 100 s * 99% Lorillard .. 21% 21 s , 21 s . 21% R J Reynolds . 53'* 52’* 53% 53 Tob Products B 6% s*. 6% 5% United Cigar St Bs*8 s * 8% B’* B*2 Schulte R’t Strs 13 12 s . 13 12*2 NEGRO BANDITS SLUG CITY MAN Street Car Man Beats Off Would-Be Robber. Robert P. Smith, 19. of 4052 Cornelius avenue, was slugged by one Negro while another held his arms pinned to his sides as he waited for a street car at Thirty-fourth street and Boulevard place Wednesday night. After he was struck one time, Smith told the police one of the Negroes said “this is the wrong fellow” and the two fled. He was not robbed. A Negro bandit armed with a length of gas pipe was beaten off by Rav McCaslin, 46. of the Stubbins hotel, street car man. who seized a car control handle when the Negro attempted to hold him up Wednesday night. The Negro boarded the street car on Kentucky avenue and demanded the motorman’s money. McCaslin seized the control lever, the Negro struck him with the gas pipe, and McCaslin retaliated with the heavy control handle, hitting the Negro five times. The Negro fled and McCaslin chased him for a block. McCaslin suffered a bruise on his head. The residence of Louis A. Thiesing of 809 Watson road was ransacked by burglars Wednesday. Thiesing was unable to list the missing articles, as members of his family are out of the city. FLOOD AID OFFERED City Man Would Hang From Plane, Drop Food. Offering to dangle at the end of a rope forty or fifty feet below 7 an airplane to drop bundles to flood refugees, R. D. Boaz of 2446 Central avenue, volunteered his services to the India'napolis chapter, American Red Cross, today. He pointed out the plan would eliminate bundles becoming entangled in planes. This happened Wednesday afternoon when a blanket forced Lieutenants Lawrence Genaro and Walter Peck to make a forced landing at Orrville. Boaz declared himself single and willing to take his own risks. DRY KILN FIRM ELECTS Robert C. Elliott Named President by Standard Stockholders. Robert C. Elliott was elected president of the Standard Dry Kiln Company at a recent meeting of stockholders. J. B. Welch, former president of the Welch Dry Kiln Company, New Orleans, was named vice-president. E. J. Elliott was re-elected secretary and H. H. Walker was reelected treasurer. HAITI FUND IS ORDERED President Will Name Commission to Investigate Situation. It v United Press WASHINGTON. Jan. 23.—A substitute , resolution, appropriating $50,000 for President Hoover's proposed commission to investigate the Haitian situation. w 7 as ordered reported favorably Wednesday by the senate foreign relations committee. The substitute removes the responsibility for appointment of the commission from congress to the President. BUS PILOTS ON STRIKE Indianapolis Drivers Involved in Greyhound Walkout. Bu United Press CLEVELAND, Jan. 23.—Two hundred Greyhound line bus drivers, operating busses from Chicago to points east, went on a strike today after a conference had failed to iron out wage disagreements. Drivers in all large eastern cities, as well as Chicago, Indianapolis and ‘other mid-western cities, will take part in the strike.

Local Wagon Wheat

City grain elevators are paving $1.16 for No. 2 red wheat and $1.13 lor No. 3 hard wheat. Births Girls Robert and Gladys Groce. Christian hospital. John and Elizabeth Hanners, 602 Fletcher. Ralph and Thelma Quigle, Methodist hospital. Cnarles and Mosella Carr, Methodist hospital. Edgar and Eva Gilliam, Methodist hospital Herschel and Lucille Bailey, 644 Berwick George and Marie Sowell, 28 West Tenth. Boys Forrest and Villa Yager, Christian hospital. Edward and Marx - Hans. 559 Moreland. Harmon and Thelma Pritchard. Methodist hospital. George and Rose Schaub, 943 North Jefferson. Richard and Edythe Bennett, 793 Lincoln. Herman and Bertha Summers, 1509 Comer. Deaths Arthur B. Caldwell. 70. Christian hospital. cardio renal disease. Henry Franklin Gerstlev. 46. 6207 Ashland. chronic myocarditis. 7,-Ja Pearl Bolander. 37. Methodist hospital. broncho pneumonia Ruth Thompson, 33. 1820 East Tenth, brain tumor. James W. Harrington, 64, 4166 Carrollton. angtna pectoris. Lewis William Wheeler. 2 tnonths, Methodist hospital, pyloric stenosis. Marv M Calvin, 60, 1948 Shelby, chronic myocarditis. Infant Foster. 2 days, city hospital, Intrn cranial hemorrhage. Charles Francis Riley. 61, St. Vincent's hospital, acute myocarditis. Harold Souders, 2, city hospital, cerebrospinal meningitis. Kenneth Louden. 16. 1545 East Raymond, mitral insufficiency. James Parker. 20, 529 Minerva, tuberculosis peritonitis.

THE INDIANAPOLIS TIMES

PORK MARKET HOLDS STEADY AT STOCKYARDS Cattle Prices Stationary; Sheep Unchanged at $13.50 Down. Jan. Bulk. Top. Receipt*. 16. 9.756 10 09 10.00 . 12,000 17. 9.85% 10.00 10.80 9.500 18. 9.90(0.10.25 10.25 2.000 20. 10.35610.60 10.60 5.000 21. 10.10' 10.36 10.000 22 10.10® 10.35 10.35 8,000 23. 10.10(010.35 10.35 4.000 Porker prices today at the local stockyards were generally steady selling at Wednesday’s best prices. The bulk, 140 to 250 pounds, sold at $lO.lO to $10.35. Receipts were estimated at 4.000; holdovers, 623. Catttle slow and unchanged, with a slaughter class of steers weak and low r er. Vealers mostly stationary with a good grade selling at $17.50 down. Sheep and lambs were largely steady, with a better grade of good and choice lambs selling at mostly $13.50 down. Chicago hog receipts, 48,000, including 18,000 directs; holdovers, 7,000. The market strong to 10 cents higher than Wednesday’s average. Choice of 160 to 180-pound weights sold at $10.25; occasional loads of 210 to 220-pound weights were selling at $lO.lO. Cattle receipts, 6.000; sheep. 19.000. —Hogs— Receipts, 4,000; market, steady. Heavies. 300 lbs. up $ 9.00® 9.50 250-300 lbs 9.50%' 9.90 Med. wts.. 225-250 lbs 10.10 200-225 lbs 10.15 • Light wts. 160-200 lbs 13.35 Light Its.. 130-160 lbs 10.00%10.25 Slaughter pigs, 90-130 lbs 9.00® 9.75 Packing sows 7.75® 8.75 —Cattle— Receipts. 1.100; market, steady. Beef steers. 1,100-1.500 lbs. good and choice $12.25® 15.50 Common and medium 9.506}12.25 Beef steers. 1.100 lbs. down, good and choice [email protected] Common and medium 9.50® 12.50 Heifers. 350 lbs. down, good and choice ... 12.506:15.00 Common and medium B.oo® 12.50 Cows 8.75® 10.00 Common and medium 6.50® 8.75 Lower cutter and cutters 4.75® 6.50 Stocker and feeder steers. good and choice 8.75611.75 Common and medium 6.75® 8.75 —Veals— Receipts. 500; market, steady. Medium and choice $13.50617.50 Cull and common 7.50613.50 —Sheep— Receipts, 500; market, steady. Lambs, good and choice $13.00® 13.75 Common and medium 10.00® 13.00 Ewes, medium to choice 4.50® 6.50 Cull and common 2.00® 4.50 Other Livestock Bu United Press CHICAGO, Jan. 23.— Hogs—Receipts, 48,000. including 18,00 direct: nominally 10c higher; t0p,510.35 paid for 160-180-lb. weights; bulk. 140-220-lb. weights, slo® 10.2a: 230-280-lb. weights. $9.75®) 10; butchers, medium to choice, 250-350 lbs., $9.75® 10; 208-250 lbs.. $9.75® 10.25: 160200 lbs.. $9.90®T0.35; 90-160 lbs., $9.65® 10:35; packing sows, [email protected]; pigs, medium to choice, 90-130 lbs., $9.25(0-10.25. Cattle—Receipts, 6,000; calves, 2.000; largely better market on all killing kinds;' all supplies scarce; prime steers largely unforced affair; steers and yearlings,' $13.50 down; prime heavies. sls up; slaughter classes, steers, good and choice. 1300-1500 lbs., $12C)%5.50; 1100-1300 lbs., sl2® 16; 950-1100 lbs., [email protected]; Common and medium, 850 lbs. up, $8.75(912.50; fed yearlings, good and choice, 750-900 lbs.. $12.75® 16.75; heifers, good and choice, 850 lbs. down, $12.50@15; common and medium, [email protected]; cows, good and choice, $8.50610.75; common and medium. $6.75® 8.50; low cutter and cutter, $5.25@7; bulls, good and choice, beef, $9.50®10; cutter to medium, 57.50®9.85: vealers. milk fed. good and choice, $13.75 @17.50; medium, [email protected]; cull and common, $7.50® 11: stocker and feeder steers, good and choice, all weights, [email protected]; common and medium, [email protected]. Sheep —Reicepts, 19,000; very slow; bidding fully 25c lower at $12.75®13; $13.25 bid on few choice lambs; fat ewes, steady at $6,506.7; feeding lambs, quotable steady; lambs,/ good and choice, 92 lbs. down, $12.75® 13.65; medium, [email protected]; cull and common, $10.506T1.75; ewes, medium to choice, 150 lbs. down. [email protected]: cull and common. [email protected]; feeder, good and choice, [email protected]. Bu United Press TOLEDO. Jan. 23 —Hogs—Receipts, 800; market, steady; heavies. $9.25® 9.40; mediums. $9.85® 10; yorkers, $10®>10.25: pigs, $9.75610. Cattle—Receipts, light; market, steady; calves, receipts, light; market, steady. Sheep and lambs—Receipts, light; market, steady. Bu Times Special LOUISVILLE. Ky.. Jan. 23.—Hogs Receipts, 500; market 10c higher: 250 lbs. up, $9.75; 165-250 lbs., $10.33; 130-165 lbs., I $9.75; 13* lbs. down. $8.60: roughs, $7.75; ! stags. 7.15. Cattle—Receipts. 200: market steady; prime heavy steers. $11,506:13; heavy shipping steers. slo® 11.50; medium and plain steers. $8,506.10; fat heifers. $8 6 12.50: good to choice cows, $769: medium to good cows. $5,756:7; cuters. ss®i 5.75: canners. $3.50 6 4.50; bulls. $6 ® 9.50; feeders. $8®10.50; Stockers. $7,506 10.50. Calves—Receipts. 200; market steady; tops. sls: good to choice, $126)15: medium to good, s9®li; outs, $9 down. Sheep Receipts. 50; market steady; ewes and wethers. $12.50613; buck lambs, $11.50® 12; seconds. $669; sheep. $566. Wednesdays shipments: Cattle, none; calves, 137; hogs, none; sheep, none. Bu United Press FT. WAYNE, Ind., Jan. 23.—Calves—Receipts, 25: hogs. 50: sheep. 25: hog market steady; 120 lbs. down. $9.35; 120-140 lbs., $9.60: 140-160 Tbs., $9.95; 160-200 lbs.. $10.15; 200-225 lbs.. $10; 225-250 lbs., $9.80; 250-300 lbs.. $9.60: 300-350 lbs., $9.45; roughs, $7.75; stags. $6; calves, 17; lambs, sl2. Bu United Press EAST BUFFALO. N. Y„ Jan. 23.—Hogs —Receipts, 1.200; holdovers, 800; active to shippers; weights above 120 lbs.. 15c to mostly 25c higher: lighter averages about steady; bulk 130-210 lbs., $11; 230-260 lbs.. $10,656)10.85: 120 lbs. down. $10.75: packing sows. $8.40(1)9. Cattle—Receipts. 25: cows steady: calves, receipts 150: vealers unchanged. $18.50 down. Sheep—Receipts, 800; holdovers, 500: fat lambs at standstill. bidding sl3 75 down: scattered sales. 25**50c lower; medium and strong weights. $12613: medium clippers, $11.50; aged wethers, $9. a— Bj United Press CLEVELAND. Jan. 23.—Hogs—Receipts. 1,001; holdovers, none: steadv to 15c hibher; advance centering on stronger weights; 150 ibs. down. $10.50; 280-325 lbs., quoted $9.75§T0: rough sows. $8: stags. $6.25 Cattle —Receipts. 200; steers steady; cows firm; bulk common steers, $lO 50: medium to good cows largely $76 8; cutter grades, $4.506 6: calves. 300: about steady: better grade vealers, $176 18: comon and medium. $13615.50. Sheep—Receipts. 900; market steady; better grade lambs. $13.50 613.75; extreme top. sl4: medium throwouts. [email protected]: fat ewes, mostly $66/7. Bu United Press CINCINNATI. 0.. Jan. 23.—Hogs—Receipts. 1,900; heldovers. 350; butchers. 160 to 220 pounds mostly 10c higher; others steady: bulk good and choice 160 to 235 pounds. $10.55 to $10.65: latter price paid freely for weights under 220 pounds; few 280 to 300 pounds. $9.75 to $9.90: light lights and pigs 120 to 160 pounds mostly $10.25: bulk sows. $8 to $8.25. Cattle—Receipts, 400. Calves —Receipts. 200; indifferent demand; steers, heifers and yearlings practically unsaleable: bidding lower; cows and bulls steadv; beef cows, $7 to $9: low cutters and cutters. $5.50 to $675: bulk bulls. $7.50 to $9.25; vealers scarce: steady: top. $17.50 Sheep—Receipts. 100; slow, steady: best light lambs. $13.50: throwouts and bucks. $9.50 to $11; good harfiiv weight ewes. $5.50. Bu United Press PITTSBURGH. Jan. 23.—Hogs—Receipts, 1.500: market strong to 5c higheii; 140230 lbs.. $10.756 10.80: 250-300 lbs., $10.40 310.70: light pigs. $10.50: sows, $8.25® 8.75. Cattle —Receipts, 25: market, nominal. Calves—Receipts, 75; market steadv to strong, good and choice vealers, $176 18.50. Sheep—Receipts, 500: market weak to 25c lower; lambs showing decline: bulk. $11.506 13.75: sheep very scarce; few fat ewes, $667.25. Senate Passes Ship Bill Bu United Press WASHINGTON, Jan. 23.—’The Johnson bill to give the famous coast guard cutter Bear to the city of Oakland, Cal., as a nautical training ship, was passed today by the senate and sent to the house for consideration.

Produce Markets

Eggs (country run I—Loss off delivered In Indianapolis, i sc; henerv quality, No. 1 42c: No. 2. 32c: No. 3. 28 c. Poultry (buying pneesi—Hens weighing 5 lbs or over ,24c: under 4 lbs., 21c; Leghorn hens. 18c; springers. 5 lbs. or over 22c under 5 lbs.. 20c; spring Leghorns. 15c: stags. 14c; cocks. 14c; capons. B*2 lbs or over. 28c; capons. 7% lbs. or over. 27c; capons and slips. 5 lbs. and over. 23c: capons. 5 lbs. and under. 20c: ducks, full feathered, fat, whites 13c. These prices are for No. 1 too Quality, auoted bv Kingan & Cos Butter (wholesale>—No. 1. 3i®3Bc; No. 2. 35® 36c. Butterfat-—3sc. Cheese (wnoiesaie selling price per poundt—American loaf. 35c: pimento loaf. 37c: Wisconsin firsts. 27c; Longhorns. 27c. New York limberger. 30c. Bu United Press CHICAGO. Jan. 23.—Eggs— Mancet. firm; receipts, 4,176 cases: extra firsts, 41 % o 42c: firsts. 42c: ordinaries. 37 <n 39c; seconds 34 ■■ 35c. Butter Market, firm: receipts. 5.052 tubs; extras. 36%c: extra firsts. 35® 36c: firsts. 33%®34%c: seconds, 31 32c; standard. 35c. Poultry— Market, steadv: receipts. 2 cars; fowls, 2flr; springers 27%c; Leghorns. 18c; ducks. 18c: geese. 18c: turkeys. 25c; roosters. 18c; broilers. 30632 c Cheese Twins. 19% ) 19**c; young Americas, 21c. Potatoes —On track. 209 cars; arrivals. 75 cars: shipments. 592 cars; market nominally unchanged; parctically no trading due to sub-zero w eather. Apples—s3.2s u 4.25 box, western. Bu United Press , NEW YORK. Jan. 23.—Flour Steady and unchanged: spring patents, $6.25® 6.75. Pork—Dull: mess. $28.50. Lard—Easier: middle west spot. $10.906 11. Tal-low-Easv: special to extra. 7%®7%e. Potatoes—lrregular; Long Island, $26 2.50; Maine. $4.256 5.50; Bermuda. $84)12. Sweet potatoes—Steadv: southern baskets, sl4) 1.75: jersev. 50c652.50. Dressed poultry—Steady to firm: turkeys, 264; 43c; chickens. 'lB 6 40c: capons. 27(44c; fowls, 18(f) 34c: ducks, 154) 24c: ducks, Long Island. 234) 26c. • Live poultry—Steady to firm: geese, 134)28c; ducks. 13627 c; fowls. 314/33c; turkeys. 20(u40c; roosters. 19® 20c; chickens. 244/ 31c.; broilers, 274/ 35c. Cheese—Weak; state whole milk, fanev to special, 244/26c; Young Americas, 21%®24%c. Bu United Press CINCINNATI. 0., Jan. 23.—Butter, steadv; creamery in tub lots according to score.' 3547 36c; common score, discounted 26 3c: packing stock. No. 1. 22c; No. 2. 18c; No. 313 c. butterfat. 336 35c. Eggs— Steadv; cases included; fresh,., gathered. 40c; firsts, 39c; seconds. 38c: ircarby ungraded, 39c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls, 5 lbs. and over. 27c: 4 lbs. and over. 27c: 3 lbs. and over, 24c; Leghorns, 3 lbs. and over. 21c; roosters, 16c: stags, 20c: canons, 8 lbs. and over. 32c; under 8 lbs., 27c; slips, 21c; fryers, colored, over 3 lbs., 29c: 2 lbs. and over, 30c; broilers, 1% lbs. and over. 30c; Leghorn broilers. I*4 lbs. and over. 25c: roasting chickens 4 lbs. and over. 26c; Leghorns and Orpington fryers. 2 lbs. and over, 20c; black springers, 20c.

On Commission Row

FRUITS Apples—Delicious, box extra fancy. 53.75; choice, $24/2.25; Jonathans, $2.75; Grimes Golden, $2.50; New York Duchess. $2.25® 2.50; Gravenstein. $3; Wolf River. $2.50: Staymen box. $3®3.25. 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 $2.5062.75 a crate. Lemons—California, a crate. $9. Limes—Jamacia. $2.50®3. Oranges—California Valencia, [email protected]. Strawberries—6oc 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. $1.20 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-Tb. bag: white, 50-lb. bag, $1.75. Parsley—Southern, doz bunches, $1 Peas—California. $6.50 a hamper. Peppers—Florida. $7 a crate. Potatoes—Wisconsin and Minnesota white. $4.2564.50 a 160-lb. bag: Red River Ohios, 120 Ibs.. $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. $1.75 a hamper. Tomatoes—California. $3 a bag: hothouse. $2.50 a 8-lb. basket.

DON’T TOSS STONES

Glass Houses Are Going Up Soon

BY HARRY FERGUSON. United Press Staff Correspondent NEW YORK, Jan. 23—A glass house soon will rise at Eleventh street and Second avenue, if the residents of that vicinity can be persuaded to be neighborly and refrain from throwing stones. Frank Lloyd Wright, whose fame as an architect rests on so popular an innovation as the American bungalow, just has announced plans for an eighteen-story apartment building that will be just one big window pane after another. There will be barely enough concrete in the structure to hold the heavy plate glass walls together.

While Wright admits his project still is in the experimental stage in regard to some of its features, he is so confident that he plans to erect four of the structures. They interest him, not only as architectural innovations, but as a means ultimately of solving the problem of where large cities are going to get their sunlight. M U /CONSTRUCTION will be simpie, for all the work can be done in a shop, except for the pouring of concrete into the molds that will hold the glass together. Thus Wright can sit in his office and watch workmen cast the heavy plate glass walls, section by section. He hopes to have some of the walls tinted, and it is not impossible that eventually the houses will bear scrolls and inlaid glass similar to the designs that appeared on whisky bottles before prohibition. Temperamental opera singers can find a haven in Wright’s apartment houses. For if they want mauve walls and nasturtium ceilings, the workmen can accommodate them merely by throwing a handful of coloring matter into the molten glass. The special glass that will be used is said to admit the ultraviolet rays of the sun, so a housewife will be able to get a good tan while pushing the vacuum cleaner. Wright also points out that the glass buildings will allow more sunlight to filter into streets. PRICES ARE REDUCED Whippet Takes $45 to SSO Reduction on Cars. By United Press TOLEDO. 0.. Jan. 23.—Culminating plans begun before the New York automobile show, Willys-Over-land today through its president, L. A. Miller, announced slashing price reductions of $43 to SSO, effective Jan. 23, on the 1930 Whippet four-cylinder models. This action brought the sedan model to a level which makes it the lowest priced of all four-door sedans built in America. New Whippet prices are: Sedan. $585; sedan de luxe, $645: coupe, two-passenger, $525; coupe, with rumble seat. $555; roadster, twopassenger, $475; roadster, with rumble seat, $505; coach. $525; collegiate roadster, $545; touring, $475; commercial chassis, $360.

WHEAT IS EASY! LIVERPOOL HITS LOWER LEVELS Corn Is Off on Chicago Board, and Oats Rise, Then Drop. BY HAROLD E. RAINVILLE I'nitrd Press Staff Correspondent CHICAGO, Jail. 23.—Wheat was easy as the Board of Trade opened today, reactions in foreign markets causing the weakening. Liverpool was sharply lower on a falling off in the continental demand and heavier Argentine shipments. Buenos Aires was 1 cent lower juTt before noon. Corn followed wheat, but oats held relatively steady. At the opening wheat was % to 7 s cent lower; corn was 'i to cent off, and oats was % cent higher, to 's cent lower. Provisions were weak. Liverpool opened considerably weaker than expected and continued to decline during the day, prices being 1% to 1% cents lower shortly after noon. Expectation of better export buying rested on the fact that light world shipments have cut down the stocks on hand Canadian prices appear to be more in line than those of the United States and they are drawing trade. Expectation of heavy corn receipts soon continues to keep corn trade light and prices moved only in a narrow range. The weather has moderated somewhat, but still is cold. Oaks trading is limited, but there is no material pressure, and the scattered buying by commission houses keeps the market steady. Chicago Grain Table —Jail. 23 Prey. WHEAT— High. Low. T2:00. Close. Mar 1.24'/* 1.23% 1.23% 1.24% May 1.28% 1.27=* 1.27** 1.28% July 1.29% 1.29% 1.29 1.29** CORN— Mar 89% .89 .89 .90 May 92’* .93% .92’* .93% July 95%, 94% .94** .95% OATS— Mar 46% .46% .46% .46% Mav .47% .47’ • .47'. .47** July 46% .46% .46% .46% Mar .95 .95% 95% .96% Mav 95% .94% .95 .95% July 94% .93% .93** .94** LARD— Mar 10.52 10.50 10.52 10.55 May 10.72 10.67 10.72 10.75 July 10.90 10.90 10.90 10.97 Bu Tiniry Bperiul CHICAGO, Jan. 23.—Carlots—Wheat. 4; corn, 196: oats. 10: rye. 5, and barley, 6. Marriage Licenses Elmer Hoffman, 40. of Logansport.. farmer, and aMry F. Barker, 38. of 1219 North Keystone, nurse. Arthur W. Buescher, 25. of 503 East Southern, florist, and Bernice Grose, 22, of 845 West Thirtieth, typist. Benjamin F. De. Moss. 22. of Ravenswood, clerk, and Grace A. Reel, 20, of 3701 Stanton, clerk. _ _ _ „ Howard B. Wallsmith. 2, of R. R. K.. Box 175. farmer, and Irma L. Lowell, 19, of R. R. K.. Box 173. Paul Kays. 23. of Maywood, laborer, and Maxine Carter. 19, of Southport, clerk.

GOVERNOR TO SPEAK Leslie on Road School Program Tonight. Bu Times Special LAFAYETTE, Jan. 23—Governor Harry G. Leslie and Horatio S. Earle, Detroit, Mich., will be principal speakers at the annual banquet of the Purdue university road school tonight. President Edward C. Elliott of the university will preside. Group sessions of the school and a general session comprise today’s program. William J. Titus, chief engineer of the state highway department, addressed the school Wednesday afternoon. He urged that state paved roads be constructed above flood water levels. “The concrete slab costs the same whether constructed above or below the height of the flood,” Titus explained. “Many times entire communities would be marooned as to automobile traffic except for pavements and bridges constructed above the flood waters and these are veritable life savers to multitudes of people.” BALKS AT INJUNCTION AGAINST BOOTLEGGERS Federal Judge Rules Opposite to His Colleague. Bu United Press OMAHA. Neb.. Jan. 23.—There is entirely too much legal confusion in the use of personal injunctions against bootleggers. Federal Judge J. W. Woodrough held here Wednesday in a case which he referred to the department of justice for final decision. Judge Woodrough held in effect that the use of personal injunctions to restrain bootleggers from practicing their illicit trade is unconstitutional. Inasmuch as Federal District Judge T. C. Munger, Lincoln, Neb., ruled exactly the oppsite recently, Judge Woodrough suggested that the department intervene. His ruling was in connection with the case of Fred Cunningham, charged for the fourth time with bootlegging. The government sought an injunction restraining him from engaging in the liquor traffic. NEW YORK COFFEE RANGE —Jan. 22High. Lou - . Close January 1 73 1.70 1.73 March 116 1.78 176 Mav 1.95 1.75 1.85 July 1.95 1.95 1.88 September 1-95 2.03 2.05 December 2.0 1 2.02 2.10

Business — and — Finance

Bu Unit'd Press LOUISVILLE. Ky.. Jan. 23.—'The Louisville & Nashville Railroad Company called Wednesday for bids for 1.800 freight cars of all types and 20.000 tons of steel rails, repreenting an approximate expenditure of $3,000,000. These are the major items in the railroad’s $10,000,000 improvement program for 1930. The company also announced a 2-cent an hour wage increase for 5.800 employes, 2.000 in this city, following an agreement with the Brotherhood of Railway Clerks. ttu J n i fed Fn sft WASHINGTON. Jan. 23. The New York Central Lines applied to the Interstate Commerce Commission for authority to issue $5,280,000 worth of 4% per cent second equipment trust gold certificates, proceeds of which will be used to purchase sixty locomotives and 700 55ton steel box cars. The application was supplemental to a prior request to issue $5,895,000 worth of certificates and increases the total to $11,175,000. CHICAGO. Jp.n. 23 —Foote Brothers Gear and Maachir.e Company has begun work on a 5200.000 order for equipment placed by the Illinois Waterways commission. W. C. Davis, president, stated late Wednesday. The company already has delivered $50,000 worth of equipment. Including gears and lock operating machinery, lor use in construction work between Lockport and Utica, 111. DIRECTORS OF BtRLAND SHOE STORES, INC.. HAVE DECLARED THE REGULAR QUARTERLY DIVIDEND OF 51.75 PER SHARE ON THE PREFERRED STOCK. PAYABLE FEB. 1. TO STOCKHOLDERS OF RECORD. JAN. 20, 1930. DETROIT, Jan. 23.—N. Bradley Higbie Jr., and C. B. Myers were elected to the board of directors at the annual meeting of the Baldwin Rubber Company Wednesday, replacing C. R. Talbot and E. E. Staub. Myers also was made vice-president in charge of sales, having previously been sales manager. N. B. Eidred Jr., secretary, was elected treasurer, succeeding Taloot In that position. DETROIT, JAN. 23.—THE SMALL INVESTOR AND SPECULATOR IS THE FOUNDATION OF AMERICA’S ECONOMIC PROGRESS AND SHOULD BE GIVEN EVERY ENCOURAGEMENT, THE MEMBERS Or THE DETROIT STOCK EXCHANGE WERE TOLD HERE BY THOMAS TEMPLE HOYNE, NATIONALLY KNOWN AS AN ECONOMIST AND FINANCIAL WRITER. Formation of power and rail trusteed shares, an investment company of the semi-fixed type, was announced by Hanning. Conklin & Pidgeon, Inc., of New York, who will make an offering of the company's shares. The new trust will acquire common and preferred stocks of about sixty leading public utility and railroad companies, against which trust units will be issued, with the Central Hanover Bank and Trust Company as trustee. CHICAGO, Jan. 23.—Plans are being made by Missouri-Kansas Pipe Line Company for more active development of its oil properties in western Kentucky, beginning Feb. 15, B. R. Bay, vice-president and general manager stated.

PLANES FLY TO SUFFERERS’ AID Army. Guard Pilots to Drop Supplies From Air. Two Indanapolis airplanes departed this morning for the flooded, icecovered sections of southern Indiana and four others were prepared to aid in the rescue work if necessary. Lieutenants Lawrence Genaro and Walter Peck were forced down at Orrville, on Claypool hill. Wednesday afternoon when a bundle of blankets unwrapped as they tossed it from the plane and became entangled in the tail of the plane. They flew back to Vincennes today. A second mishap occurred to an Indiana national guard plane at Mars Hill airport this morning. The plane was being warmed up for its take-off with Lieutenant Paul Zartman as pilot and with Carlos Lane, Times staff correspondent, as passenger. While mechanics were in a hanger getting supplies, the plane taxied acriss the field an?, the propellor struck and wrecked the rear of an automobile owned by Miss Virginia Edwards. Times staff photographer, which was parked on the field. The plane prolellor was broken and twisted by the collision. Lieut. Zartman and Lane took off after repairs to the plane. C. C. Powell, Capitol airport, Is holding his plane in readiness to go to the flooded district. 17 IN JAIL RECEIVE SMALLPOX VACCINATION Fellow Prisoner at Jeffersonville 111 With Disease. /?,)/ Times Special JEFFERSONVILLE. Ind., Jan. 23. —Seventeen men, prisoners in the Clark county jail, have sore arms today following smallpox vaccination administered after it was discovered that William Keibler, serving a term for child desertion, was suffering from the disease. The jail has been fumigated and Keibler isolated in the home of a family already under quarantine. Dr. Garnett Hooker, city health officer, announces the smallpox, situation here Is Improving, cases having been reduced from 200 to 100. SB,OOO Loss in Fire Bu Times Special NOBLESVILLE, Ind.. Jan. 23, Fire which originated from a defective flue destroyed the country home of Otis Henderson. Most of the contents were also burned. The loss will reach SB,OOO, less than half of which is covered by insurance. Fire caused a $2,000 loss at the home of Orla Atkinson, east of here. The flames originated from sparks on the roof. Bankruptcy Petition Filed An involuntary bankruptcy petition was filed against Joseph F. Thompson, doing business as the Thompson Oil Company of Anderson. Ind., by the Anderson Banking Company of Anderson, American Petroleum Company, Cleveland, and the Boswell Gil Company, Cincinnati. Indebtedness to the three companies was listed at $7,831,

.JAN. 23, *930

DEAL PORTENDS NEW RAIL LINE ACROSS NATION Burlington Route Viewed as Logical Buyer of Denver & Salt Lake Stock. Bu United Press NEW YORK. Jan. 23.—Purchase of controlling stock in the Denver <fc Salt Lake railroad, by interests thus far unidentified by Wall Street, may be the opening move in the creation of anew transcontinental rail line, in the opinion of New York financiers. The Denver & Salt Lake Is sole lessee of the Moffat tunnel beneath the Great Divide, which—if connected to a through line—would shorten the distance to Salt Lake City materially. Three possible purchasers of the Moffat road have been associated, hitherto, with speculative attempts to make this line a connecting link of their systems. First is the Denver & Rio Grande Western, which runs to the south by the way of the Royal Gorge and Tennessee pass. Second is the Burlington, on the north. Third is the Rock Island. Os these, the Rio Grande Western has announced that it is neither the purchaser of stock in the Moffat road, nor does it contemplate asking for the right to assume control of the line. The Burlington, therefore, is viewed here as the most logical prospective buyer. | George H. Burr, New York invest - j ment banker and a director of the ! Denver & Salt Lake road, has ac- | cumulated 20,000 of the 30,000 shares jof the line, according to the New | York Herald-Tribune, which says that when purchase of 10,000 more shares is completed, announcement will be made as to the interests for which he is making the deal. 'services arranged FOR CITY ARCHITECT Alexander Sangernebo Rites Will Be Conducted Friday. I Funeral services for Alexander | Sangernebo, 73, architect and sctilpj tor, who died Wednesday at his ' home. 324 East Twelfth street, will j be lield Friday at 3:30 at the Flanj ner & Buchanan mortuary. Mr. Sangernebo was born in Esthonia. He came to this country in 1888. His artistic designs have played an important part in the construction of many buildings and private residences in this city, j He was a charter member of the j Athenaeum, a member of the In- ; dianapolis Maennerchor and the Inj dianapolis Architectural Club, j Surviving him besides the widow, Mrs. Emma Eyles Sangernebo, are two daughters, Miss Marie E. Sangernebo and Mrs. Vera F. Alandoirf. ; The body will be cremated. CANS MAKE ’EM HAPPY Matrimonial Cheer Comes in Tins, Says Association Head. Bu I h if erf Press CHICAGO, Jan. 23.—The American canning industry has done much to make America a nation of happily married couples, U. E. Hume, San Francisco, newly elected president of the National Cannars I Association, said here Wednesday i night. After recounting all the labor canned goods eliminate in the household. Hume concluded: “In addition, canned grapefruit gradually Is removing one of the most common sources of domestic irritation—the squirting of grapefruit into the mate’s eye.” PRISON ESCAPE PROBED Jacksonville .Y*-v T-brute Giving Death Gun to Convicts. Bu f nited Press ! JACKSONVILLE. Fla., Jan. 3.--Connecticut and Jacksonville authorites investigating activities of the Lalone-Moulthrope-Landry bandit trio hoped to find out today how they escaped from Wethersfield penitentiary, Connecticut, and how they obtained a gun here from J W. Hunt, Jacksonville. Hunt, held without bond, is said to have admitted he gave to the convicts a pistol with which Detective Willie D. Smith of Jacksonville was slain in a gun battle with the convicts last Friday night. They gave him two diamond rings, h said. ! STESSES DRY ANGLE Prohibition to Headline Senatori/I Campaign, G. O. P. Leader Says. Bu United Press WASHINGTON. Jan. 23.—Prohibition will dominate the senatorial campaign in Massachusetts this fali when Republicans attempt to elec’ a successor to Senator Gilleft, according to Louis K. Liggett, Republican national committeeman from that state. Liggett outlined his views on the Bay State situation after a conference with President Hoover Wednesday. The situation, he said, is complicated by the decision o'. Senator Gillett not to run for reelection. Bankers Sail for U. S. Bu United Pre-s PARIS, Jan. 23.—Jackson E Reynolds* president of the First National bank of New York, and Melvin A. Traylor, president of the I First National bank of Chicago, sailed today for New York on the : Liner Bremen.

Interstate Public Service Company Noticm of Dividend* The Board of Directors of the Interstate Public Service Company has declared the regular quarterly dividend of one and one-half per cent (IW%) on the outstanding Preferred Stock of the Company, payable February 15, 1930, to stockholders of record January 3 b 1300- LOIS ALLEN. Secretary