Indianapolis Times, Volume 41, Number 224, Indianapolis, Marion County, 28 January 1930 — Page 13

mn. 28, 1930.

STOCKS REGAIN EARLY LOSSES BY MID-SESSION United States Steel Is Deciding Factor in Upturn.

Average Stock Prices

Average of thirty Industrials Wednesday was 260.93. up 1.87 twenty rails 148.63. off .07: twenty utilities 90.91. up .27; forty bonds 93.79. off .10. Bv United Pres* NEW YORK, Jan. 28 —The stock market went through a technical reaction In the early trading today, turned dull and then rallied under the leadership of United States Steel which V and been the chief loser on the reaction. Business was fairly brisk for a time and tickers ran behind six minutes. But when the selling depressed prices dealings fell off and the tape was carrying odd-lot quotations. Steel declined to 17614, where it was off -It from the previous close. On the rally It crossed 178 and the whole market firmed up. A feature was the copper group which rose under the lead of Anaconda. Amusements also were active and special issues, such as Columbian Carbon and Electric Auto Lite made substantial gains. Montgomery Ward rose and then reacted, while Sears-Roebuck lost ground in early trading and later recovered a considerable amount of it. Motor shares were barely steady. Kolster was firmer in the cheap radio shares, rising a point to 3%. Gold Dust was steady in the foods. Call money renewed at 4% per cen* and at 12:10 dropped to 4 per cent, the daily habit of late. Funds were in large supply throughout the session. Sales to 10:30 amounted to only 394.200 shares, against 513,900 Monday. At noon sales amounted to 1,252,700 against 1,444.900 Monday.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Tuesday. Jan. 28, $3,022,000; debits. $7,848,000. NEW YORK STATEMENT Bit T’nited press NEW YORK. Jan. 28.—Bank clearings. $1,182,000,000; clearing house balance. $142,000,000; federal reserve bank credit balance. $137,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. Jan. 8.-Treasury net balance on Jan. 25, was 103.117.661.45; customs receipts for the month to the same date totaled $32,635,421.31; government expenditures on January were $4,894,411.72.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Jan. 28.—Judging from the annual reports thus far published and with a fair idea of what to anticipate from major companies still to report, many of the industrial and railroad corporations are perhaps in the strongest financial condition in their history. Although in some instances earnings during the last quarter have been disappointing, yet no fault can be found with both the strong cash position and the unusually large ratio of current assets to liabilities. Naturally, attention will be focused upon the United States Steel report due today. Based on the unusually good report by Bethlehem Steel for the last quarter of last year, it w-ould not be at all surprising if estimates of the earnings of the United States Steel Corporation would prove to be entirely too low. Earnings close to S2O a share would probably prove an excellent market stimulant. Particularly as industry in general appears to have turned the corner for the better, we see nothing to change the market’s upward trend and continue to suggest the purchase of good stocks on whatever technical reactions may develop.

TWINS TO BE STUDIED Duplicated Human Beings Will Be Invited to Chicago Fair. Bvfi eit HCC Bervire CHICAGO, Jan. 28.—Twins, triplets, Siamese twins, quadruplets, all mav get. an especially cordial invitation to the Chicago world’s fair in 1933, if plans of Dr. H. H. Newman of the University of Chicago are followed. Dr. Newman is a member of the biological committee which is planning science features for the exhibition. He believes the fair offers a remarkable opportunity for science to get in touch with duplicate human beings. It now is realised that problems of human physiology and behavior can be attacked profitably by study of human duplicates. Identical twins reared apart, for example. show in what ways environment does and does not alter an individual. Such separate twins are extremely rare. STRAUS TO HOLLYWOOD Noted Writer of Operettas Will Do Work for Talkies. Bn United Press NEW YORK, Jan. 28.—Oscar Strauss, composer of “The Chocolate Soldier.” will start for Hollywood next Wednesday, where he will begin work on operettas specially designed for the talkies. Strauss said that his talkie operettas will be very much like “The Chocolate Soldier.” He disclaimed that he ever would write jazz, or like lt. “Jazz may even disappear from America very soon." he said. “It i3 much 'ess popular in Vienna than it, was. However.” he added. “Alvin, my 19-vear-old son. composes ja2z. and does very well.” Marriage Licenses John C. Braksfleld. 27. of 3462 East Twen tv-fifth, sardsner. and Myrtle G. Grizzle. 20. of 3462 Fast Twenty-filth. student. Howard B Martin. 34. of Grand Rapids. M:eh.. advertiser, ar.d Marjorie Kimes, 30. of 5836 University, cleric. E?-rer B-vant. 24. of 1808 East Washington. clerk, and Harriett E. De Voe. 19. of 235 North Hamilton. Harold Ginsberg. 24. of 1017 East Morris. buyer, and Marjorie Campbell. 30, of 2039 North Meridian, operator. ■meet Kelloca. 39. of 412 South Gerard, attorney, and Cecelia R. Hanlan. 33. of lamnhurst. Garrett Cain. 22. of MB East New York, carpenter, and Dovle L. Devine. 19. of 326 North New Jersey.

New York Stocks 1 (By Thomson A McKinnon 1 —————

—Jan. 28— _ Peer. Railroads— High- Low. 12 00. close. Atchison 235 Vi 234 23Yj ??? 8 Balt. <b Ohio ...117 116% US'-* Canadian Pac ..199*4 19*% 1?9% Chesa tz Ohio.. 214% 214% *14% 21a Chsa Corp ■* Chi & N West % 87 Chi Grt West ,}J*f4 Del * Hudson ■■■ 110 % Del d£ Lacica... .. ... 4 |6 Erie 17',4 5iH S<* 5*,. Erie Ist pfd .... 62 61% 61% 62\ II! Central 123 * Par . ... .. ... 9i ... MK & T 54, 53N 5344 534 N Y Central ....178% 1i6% D8 127 a NY Y *m at & Bt H L .'.li2% 112% 112% 111% Nor Pacific ... 85% .51 4 8 8 Norfolk & West. .274 233 234 233 O to w .. .. . 14 1 8 ... Pennsylvania .. 78% 78% 78% <B% Southern Rv 8 Southern Pac .. ... ... 121% 122 St Paul 25% 24% 24 • 2 St Paul pfd ••• 42/2 42.4 it L£ I iio iio no Wes? 1 Maryland . 26% ‘26 Yg* *26% Wabash West Pac 4 A#? bbe rr 3% 2% 2% 2% Fisk 4V* <% <% J s Goodrich • ■ •*•.. 4... 48 Goodyear <2 il% 71* A 4 Kelly-Spgfid 5% 5^ United States'26% 25% 26 26V* Equipments— ___ ~ Am Car Fdy 81 *}% Am Locomotive. Am Air Brakes 6 . ... ... ♦ Man E'ec Sup.. 28% 28% 28% 28 General Elec ...264% 262% 264% 36a Gen Rv Signal.. 92% 92 52% 92i Gen Am Tank ..103% 103% 103% 103 N Y Air Brake • • 45 Presesd Stl Car 10% 10 Pullman 84*4 84 84% 83 . Westingh Air B 46% 46 46% • Westingh Elec ..154 152% 154 154 Steel s Am Roll Mills.. 88% 88% 88% 88% Bethlehem .... 99% 95% 99% 100 Colorado Fuel.. 46 44Va 46 45 Crucible .. ... 90 Gulf States Stl 57% Inland Steel ... 79 OtlS 34% 34% 24% 3! Rep Iron &■ Stl.. 771% 77*4 77% 78 Ludlum 40% 39% 4040 . Newton 51% 51 51 50 . U S Steel 178% 176% 178% 17V Alloy 34% 33 33 33 Warren Fdy ... ... 25% Youngstwn Stl. ... . 114 Vanadium Corp.. 64 62% 63% 64 Motors— Am Bosch Mag. .. ... Trlggs 16% 15% 16 16 Brocfcway Mot.. ... 13*4 13"^ ( ftirysler Corp.. 36 4 35% 36% 36 : s.f.'.ou Axle .... 35% 34 3 4 35%' Graham Paige.. 9% 9% 9*4 10 Borg Warner ... 38% 33% 38Va 38% Gabriel Snubbrs. 6*6 6 6‘ General Motors.. 41% 40% 41 41 4 ’ :ce Stor Bat.. .. ... 71% 72 Hudson 58% 57% 58 57’1 Hupp 22% 22% 22% 23 Alburn .... 219‘. Mack Trucks.. .. ... 74% 74 j Mormon 24% 24% 24% 24 Reo ... ... 11 Gardner 4% 4 Motor Wheel 28 % Na.sh 53% 53 53 53% Packard 16 3 a 16', a 16V 16% Peerless 10% 10% 10% 10% Pierce Arrow 23 Studebaker Cor.. 44% 44% 44% 44% Stew Warner .. 417a 41% 41% 41% Timken Bear .. 74 73Ve 74 74% Willys-Overland. 8% 8* 8% 8% Ye.low Coach... 16 14% 15% 15% White Motor 32% Mining— Am Smelt & Rfg 74% 72% 74% 73% Am Metals 46% 45% 46% 45 An Zinc 15% 15% 15% 15% .Anaconda Cop... 76% 73% 75% 73% < nlumet & Ariz 86% 85 BS% 85 Calumet, & Hecla 31% 30 31% 30% f'erro de Pasco.. 64% 62Vi 64Va 62% Domes Mines ... ... B*B Andes ... ... 32Va Granby Corp.... 57% 557, 57% 56Va Gt Nor Ore ... ... 23 Inspiration Cop. 30% 28% 30% 29% Howe Sound 38% 37% 38% 38% Int Nickel 37% 36% 37% 37% Kennecott Cop.. 60% 58% 60 58% Magma Cop .... 43 467a 48 48% Miami Copper.. 31% 30% 31% 31 Nev Cons 30% 29 30% 29 Texas Gul Sul.. 60% 60 60% 60 St Joe 53% 51% 53% 51%. U S Smelt .... 35% 3414 35 34% Oils— Atlantic Rfg 38% 38 38 3814 Barnsdall lA> .. 22% 22% 22% 22% Freeport-Texas.. 42% 42% 42% 42% Houston OH .... 591-4 58 38 57% Indp Oil & Gas 22% 22% 22% 22 Conti Oil 23 22% 22% 23% Mld-Cont Petrol 26% 26% 26% 26% Lago Old & Tr 21% Pan-Am Pet 8.. ... ... 52 Phillips Petrol ..33% 33% 33% 33 Prairie Oil 50% Union of Cal 44 % Prairie Pipe .... 59% 59% 59% 59% Pure Oil 23% 231-a 23% 23% Royal Dutch .... 52% 52% 52% 53 Richfield ... ... 25*4 Shell 23 22% 23 22 3 8 Simms Petrol 25 Sinclair Oil .... 25% 25 25% 25 3 a Skelly Oil 31 "a 31 % 31% 31 Std Oil Cal 60% 60% 60% 60 Std OH N J 64% 63% 6312 63 % Std OU N Y 32% ,32% 32% 32% Tidewater 12*4 12% 12% 12% Texas Corp .... 54% 54*4 54*4 54% Texas C <fc 0... 9% 9% 9% 9%i Transcontl 9% 914 9% ... White Eagle .... 27% 27% 27% 27Va Industrials— Adv Rumely .... 17% 17*4 17*4 17% Allis Chalmers.. 55\ 53% 55% 55% Allied Chemical 275 274*4 275 274 A M Byers 89% 87 88*4 89% Armour A 6 5% 6 6 Amer Can 128% 127% 128% 129 Alleghaney Corp 26% 26 26' 4 26%. Am Safety Raz.. .. ... ... 60% Am Ice 37% 37% 37*4 37% Am Woolen 10% Assd Dry Goods 33 32 % 33*4 32 Bou Aliim ... ... 53 Coca Cola 144% 143 % 143% 144 Cor.tl Can .... 55% 55% 55% 55% Certainteed ... ... 12% Croslev 16% 16 16 16*4 Congoleum .... 16’4 16 16V4 16% Curtiss W 7% 7 7 7 Davidson Cliem 34% 33 4 a 34 33 1 4 Dupont 116% 116% 116% 118 Famous Players 62 . 59% 61% 61V4 Gen Asphalt ... 52 52 52 51 Fox A 30*4 28% 30 31 Gold DUSt 44% 44 44% 44% Glidden 33% 33*4 33% 34 Int Harvester.. 90 88 90 89% Kelvinator 10 10 10 9% Lambert 103% 102% 103% 103% Loews 59% 58% 58% 58% Mav Stores .... 55*8 55% 55% 55'-1 Kolster 3% 2% 3% 2% Montgom Ward.. 43% 42% 43% 44 Natl C R 78% 77*4 78% 78 Radio Keith 29% 28*2 29% 30 Owens Bottle .. 55% 55% 55% Radio Corp 37% 36% 37% 37% Real Silk 52 51% 51% 51% Rem Rand .... 31% 31% 31*4 32 Sears-Roebuck... 93% 91% 92% 93% Union Carbide.. 84% 83% 84% 84 ■Warner 8r05.... 54 52 * 1 54 53% Un Air Craft.... 50 49% 49% 51 Univ Pipe 5% 5% 5% 5% U S Cs Ir Pipe 24% 24% 24' 2 24% U S Indus Alco 116 114% 116 116*8 Worthington Pu ... ... 74 Woolworth. Cos.. 70% 70 70 68% Utilities— Am Tel & Te1..224% 222% 224% *24 Am Pr & Lt 86% 85 86% 86% Eng Pub Serv... 45% 45% 45% 45% Am For Power., 93% 92% 93% 94 Am Wat Wks.. 93% 92 93% 93% Gen Pub Serv.. 39% 39% 38% 36% Col G A- E 82% 80*a 82% 82% Consol Gas 108% 107% 108% 107*2 Elec Pow A Lt.. 59% 57*4 59% 53% Int T & T 69*s 68*4 69 70*2 Nor Am Cos 98% 98 98 98% Pac Light . . . 84%. 83% 84 33% Pub Serv N J... 89% 87% 88% 88% So Cal Edison.. 59 58% 58% 59 Std Gas A- E1...116 114% 116 116*8 United Corp 34% 34 34% 34% Utilities Power.. 34 33% 34 33% United G A Imp 37% 36*8 37% 37% West Union Te'.2o6 205 205 204*2 Shipping— Am Inti Corp.. 41% 40% 40% 41 Am Ship A Com 2 Afl Gulf A W I. . 75 74% 74*4 76% Inti Mer M pfd 27% 27 27 29% United Fruit ...103% 103% 103% 103%

On Commission Row

FRUITS Apples—Delicious, box extra fancy. *3.75. choice. $2 <t 2 25: Jonathans. *2.75: Grimes Golden. *2.50; New York Duchess. $2.25ft. 2.50: Gravenstein. *3: Wolf River. *2 50. Stavmen box. $3ft3.25 Cranberries—*4 a 25-lb. box: $8 35 a ! 50-!b. box. Grapefruit—Florida. 94.50ff5. Grapes—California, seedless. $3.50 a j crate: Emperor *2.50412.75 a crate. Lemons—California, a crate. *9. Limes—Jamacia. *2.50??. Oranges—California Valencia. $4.50528.50 Strawberries—6oc a quart. Tangerines—s3.so a crate. VEGETABLES Beans—Florida. $4.75 a hamper. Beets—Texas. *3 50 a crate Carrots —California, crate. *3 50 Cabbaees—*3 50 a barrel. Celery—Michigan. 90c. Idaho. *1.35 a dozen bunches. Cauliflower—Colorado, crate. $2.50. Cucumbers—, Florida, $8 a crate. Ecgplane—s2.so a doien. $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. *3.25 a 100-lb. bag; white. 50-lb. bag, *1.75. Parslev—Southern, do* bunches, *L Pess—California. *6.60 a hamper. Peppers—Florida. *7 a crate. Potatoes—Wisconsin and Minnesota white. *4.2584.50 a 160-lb. bag: Red River Ohio*. 120 lbs„ (3.90; Idaho Russeta. (4. Radlshea— Button, hothouae. dozen 90c; southern, long rad. 1525 c dozen. Sweet potatoes—lndiana Jersey. *2.50 a bushel; No. 3. *1.65 a bushel; Nancy Halls. *1.75 a hamper. Tomatoes—California. *3 a ha*; hothouse. (3.50 a l-ih. basket.

Foods— Am Sug Rfg.... 62% 62% 62% 62% Cudahy ... ... 45% Beechnut Pkg... 70 70 70 69% California Pkg 68% Canada Dry ... ... 68% Corn Products.. 94 93% 93% 95 Cont Bak A.... 44 43% 43% 43% Borden . 66 66 66 66% Cuban Am Sug. 8 88 8 8 Grand Union... 16% 16% 16% 16*2 Grand Union pfd 39% 39% 39% 40% Jewel Tea . .... 46% 46 46% 454 e Kraft Cheese.... 45% 45% 45% 45% Kroger 46% 46% 46%, 46*2 Loose-Wiles ... 58% 57% 58% 58% Natl Biscuit 197 197 197 19 ■ Natl Dairy 48% 48 48 48 pSrtty Bak 83% 83% 83% 84 Taft 3% 3*2 3% 3% Stand‘Brands 27% 27 27 27% Ward Baking B 6 5% 0% 6% Am Sumtra 22% 22% -2?’ 8 Am Tob 8.... 221% 221 221 222 General Cigars.. 53% 53% 53% 52 Li g & Meyers...lo2% 102% 102% 102% Lorlllard 24% 23% 23 2 23 R.l Reynolds. .. 53% 53 53% 53% Tob Products B. s‘/2 0% 5% 5% United Cigar St.. 7 7% 7% 7% Schulte Ret Strs 9% 9 9% 10%

TRADES KEEP WAGE PLEDGE TO PRESIDENT Shorter Hours and Greater Earnings Indicated in Current Report. Hu Rcripps-TI award Newspaper Alliance WASHINGTON, Jan. 25.—Industry’s pledge to President Hoover to maintain wage levels has been generously observed since the stock market crash. Twenty-four trades and industries reported wage increases averaging slightly more than 6 per cent to the labor department for the last quarter of 1929. Decreases reported by nine scattered establishments average only 5.9 per cent and affected but 543 employes. Hours Reduced During the same period, hours of labor were reduced under union agieements in seven trades. The five-day week was incorporated in five new union agreements. The decreases reported were attributed largely to seasonal fluctuations. The current report of the labor department represents the first na-tion-wide survey of wage tendencies since the White House conferences last October. The same survey, which recently was presented to President Hoover in part, reports employment on the upturn in January, for the first time since the Wall Street debacle. Wages Increased Industrial establishments reporting increases included 4.600 plants in eight lines —confectionary, baking, cotton goods, foundry and machine shops, printing, furniture, glass and railroad shops. New trade-union agreements, calling for wage increases ranging from 5 cents to 25 cents an hour, became effective in fifteen crafts in twentythree cities. The number of employes affected by these agreements is not reported, but is estimated by department officials to be in the neighborhood of 65,000. In the Air Weather conditions in the air at 9:30 a. m.: Northwest wind, thirteen miles an hour; barometric pressure, 30.16 at sea level; temperature, 22; ceiling unlimited; visibility, four miles; field, five inches snow*. Arrivals and Departures Curtiss-Mars Hill Airport—Dick Arnett returned to Lafayette, J-6 Maco plane; M. Mathewson and three passengers, en route to Miami, Fla., tinson-Detroiter plane of the Mathewson Air Lines; Embry - Riddle passengers included B. Wren. Chicago, and M. E. Scandritt, Grinnell, la. Capitol Airport—Colonel Canada, Mr. and Mrs. C. H. Chandler and Pilot D. McCall, Stinson-Deft roiter, returning to Memphis. Arranges Flight By Vtitled Perns TOKIO, Jan. 2fi.—J. Morton Sterling informed the Japanese aviation bureau today that he is planning a flight from Seattle to Tokio by way of Honolulu. Sterling tr.'.d the board that he intends to leave Seattle March 15, and that he will use a tri-motored monoplane carrying a crew of eight. Formal application was made for permission to land at Tachikawa, a landing field near Tokio. CAST FOR BUTLER PLAY IS SELECTED University Dramatic Club to Give One-Act Presentation. Cast for “Half an Hour,” a oneact play by Sir James Barrie which will be presented next month by Thespis, dramatic club at Butler university, has been selected. Edward Green, president, announced the cast will include Hariette Trinkle. 59 North Rural street; Edward Ogborne, 424 West Forty-third street; Ann Lee Howell, Colome. S. D.; Ruth Benefiel, R. R. 2; Carl Brandt, 1159 Churchman avenue, and Henry Gibson, 2035 Broadway. The play will be directed by Mildred McCormack, 2952 North Illinois street, and will be presented in the university theater on the campus in Fairview. The date has not been fixed. EXTORTION IS CHARGED Webb C. Hayes. Son of Ex-President, Sued for $250,000. Bv I'nited Press COLUMBUS, 0., Jan. 28.—Webb C. Hayes, son of former President Rutherford B. Hayes, and trustee of the Ohio State Archeological and Historical Society, was accused of extorting funds from the state in a suit on file in common pleas court here today. The suit, filed by James Brook Cameron of Fremont, 0., as a taxpayer, and charges Hayes, as trustee of Spiegel Grove park, Fremont, obtained appropriations in the park’s name and kept part of the funds. Cameron seeks $250,000 damages. * <• m *\* m..

THE INDIANAPOLIS TIMES

PORK MARKET STEADY TO 10 CENTS HIGHER Sheep Prices Strong and Unchanged; Veaiers Sell at sl7. Jan. Bulk. Top. Receipts. 21 $lO.lO *10.35 10.000 22. 10.10@ 10.35 10.35 8.000 23 10.10m10.35 10.35 4,000 24 10.104/10 35 10.60 6.000 25‘ 10.70 ft 10.70 70.75 4.500 27 10.15 ft 10.50 10.50 6.000 28". 10.25*310.60 10.60 7,000 Hogs were steady jo 10 cents higher today at the Union stockyards. Prices on the bulk 140 to 275 pounds ran $10.25 to $10.50. Top price of $10.60. Receipts were 7,000 with 280 holdovers. Cattle receipts were 1,300. Better grades held steady, other classes were dull. Calf receipts were 700, prices were steady at sl7 down. Sheep were strong with new arrivals of 600. Chicago hog receipts were 35,000, including 13,000 directs. Holdovers were 3,000. The market opened 15 to 25 cents higher than Monday’s average, with a few sales of choice 170 to 200 pounders going at $10.40 to $10.50; $10.25 was paid on 240pound weights. Cattle receipts were 6,500; sheep, 18,000. —Hogs— Receipts, 7,000; market, higher. Heavies, 300 lbs. up S 9.35® 9.85 250-300 lbs 10.00310.25 Med. wts., 225-250 lbs 10.40 200-225 lbs 10.50 Light, wts., 160-200 lbs [email protected] Light Its., 130-160 lbs 10.25 ft 10.60 Slaughter pigs, 90-130 lbs. ... 9.25310.00 Packing sows 7.75<ai o. *o —Cattle— Receipts. 1,300; market, steady. Beef steers. 1,100-1,500 lbs. . good and choice $12.00 15.25 Common and medium 9.25© 12.00 Beef steers. 1.100 lbs. down. pood and choice [email protected] Common arid meduim 9.503T2.2 Heifers. 350 lbs. down, good and „ choice [email protected] Common and medium Cows - 8.50® 10.00 Common and medium Lower cutter and cutters .... 4.704<) 6.50 Stocker and feeder steers, __ good and choice Common and medium 6.75 ft 8.75 —Veals— Receipts, 300; market, steady. Medium and choice $13.00317.00 Cull and common 7.00313.00 —Sheep— Receipts. 600: market, strong. Lambs, good and choice *12.00® 13.25 Common and medium ?.50ft 12.00 Ewes, medium to choice 4.50 ft; 6.50 Cull and common 2.00 ft 4.00 Other Livestock By United Press CINCINNATI, 0., Jan. 28.—Hogs—Receipts. 2,600; holdovers, 580; good and choice, 160-220 lbs. outchers, 10& 15c higher, some sales steady; bulk. $10.65ft. 10.75, latter price paid'freely early; other hogs steady; few 250-260 lbs., $10.25; around 300 lbs., $9.75 down; light lights and pigs. 120-160 pounds mostly $10.25; choice strong weights higher; sows mostly sß(</; 8.25; stags. $6®6.23. Cattle—Receipts, 300; salves. 450; mostly steady; plain killers, s9ftll; more desirable kind up to sl2 or above; beei cows slow, $7ft8.50; few $9; low cutter and cutter, mostly $5.50ft.6.25, bulls, $7.50ft>9.25; veaiers dull, 50c lower; top, sl7; bulk above sl4; culls down to $lO. Sheep—Receipts, 125; uneven, mostly steady; spots strong, good and choice around 75-lb. lambs, $13.25; bulk desirable grades, sl3 down; throwouts and bucks, $9ft10.50; good light ewes around, $5.50. /> ii Times Special LOUISVILLE, Ky., Jan. 28.—Hogs—Receipts, 500; market 10c higher; 250 lbs. up, $9.90; 165 to 250 lbs., $10.50; 130 to 165 lbs., $9.90; 130 lbs. down. $8.75; roughs, $7.90; stags, $7.30. Cattle—Receipts. 100; market, steady; prime heavy steers,_sll.so @l3; heavy shipping steers, [email protected]; medium and plain steers, sß.soft 10; fat heifers, sßft 12.50; good to choice cows, $7 ft, 9; medium to good cows. $5.50(5:7; cutters. [email protected]; canners, s3.soft 4.50; bulls. [email protected]; feeders. [email protected]: stockers, s7.soft 10.50. Calves—Receipts, 200; market. 50c lower; tops, $14.50; good to choice. $11.50ft;14.50; medium to good $8.50310.50; outs, $8.50 down. Sheep— Receipts, 50; market, steady; ewes and wethers. $12.50313; buck lambs, $11,503 12; seconds, s6@9; .gfieep. ssft6: Mondaw's shipments; Cattle. 212; Calves, 637; hogs, 148; sheep, none. By United Press CLEVELAND, Jan. 28.—Hogs—Receipts, 1,000; holdovers, 21; desirable hogs. 15ft 25c higher; 150-250 lbs., $10,753:10.85, load carrying more weight, $10.60; rough cows. $8.25; stags, $6.50. Cattle —Receipts. 300; steady, run largely low cutters to medium COW'S around $5.50 to SB, few common steers. sloft 10.60. Calves—Receipts, 350; fully steady, better grades, $173:18; common and medium, $133.15.50; culls downward to *ll and under. Sheep—Receipts. 900; lambs weak, bulk better grades. $ 13ft. 13.25; medium throwouts. [email protected]; throwouts. slo.soft 11.50; lat ewes steady, s6® 7.

Produce Markets

Eggs (country run)—Loss off delivered in Indianapolis. 32c; henery quality, Nq. 1 38c; No. 2,30 c; No. 3.26 c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 26c; under 4 lbs., 21c; Leghorn hens. 18c; springers. 5 lbs. or over 23c: under 5 lbs.. 21c; spring Leghorns. 15c; stags, 15c; cocks; 15c; capons, B%%bs. 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 top auallty. quoted by Kingan & Cos Butter (wholesale)—No. I, 37®38c: No. 2. 36ft,36c. Butterfat—37c, Cheese (wholesale selling price per pound)—American loaf. 35c: pimento loaf. 37c; Wisconsin firsts. 27c; Longhorns. 27c; New York limberger. 30c. By United Press NEW YORK. Jan. 28.—Flour: Dull and unsettled; spring patents, [email protected]. Pork —Firm; mess, $28.50 a barrel. Lard— Steady; middle west spot. SlO.OOftll. Tallow—Quiet; special to extra. 7%@T%c. I Potatoes —Quiet and steady; Long Island, j $2®6.50: Maine. [email protected]; Bermuda, $lO 212. Sweet potatoes—Easy; southern 75c fttl.7s basket; Jersey, 50cft$2 basket. | Dressed poultry—Firm; turkeys, 26® 43c; chickens, 18@40c: capons, 28ft45c; fowls, ;31 © 33c: ducks. 15ft24c; ducks. Long Island. 23526 c. Live poultry—Firm; geese. 13ft24c; ducks. 14ft26c; fowls. 31@33c; turkeys. 20ft 40c; roosters. 19%<520c; chickens. 25ft31c; Capons. 28®40c; broilers, 27 ft 40c, Cheese—Firm; state whole milk, fancy to special, 24 ©26c; young Americas, 21%®'24%c. By i'nited Press CHICAGO. Jan. 28.—Eggs; market unsettled; receipts. 15,173 cases; extra firsts, 36%c: firsts, 35ft36 : 2C; ordinaries, 32©34c; seconds, 31c. Butter —Market, steady; receipts. 10,558 tubs; extras, 36%c; extra firsts, 35% ft 36c; firsts. 35%®36c; seconds, 31® 32c; standard. 36'ic. Poultry—Market, firm; receipts, no cars. 1 due. Fowls, 27c; springers. 25c: Leghorns. 23c; ducks. 20c; geese. 19c; turkeys, 25c; roosters, 18c; broilers. 30ft 32c, Cheese —Twins, 19*2® 19%c; young Americas. 21c. Potatoes —On track. 285 cars; arrivals. 92 cars; shipments. 741; market about steady; trading fair; Wisconsin sacked roud whites $2.55ft 270: Minnesota sacked round whites. $2.45 ft 2.50: Idaho sacked Russets, $3.10®3.35. App1e5—*3.25(3:4.25 per box, western. Bu United Press CINCINNATI, 0.. Jan. 28.—ButterSteady; creamery In tub lots, according to score, 36 337 c; common score discounted 2 a 3c: packing stock No. I, 22c: No. 2. 18c; No. 3.13 c.; butter fat 33 ft 35c. Eggs—steady; cases included: fresh gathered. 36%c; firsts, 35%c; seconds. 34%c; nearby ungraded. 35%c. Live poultry—Thin and coase stock sells onlv at heavy discount. Fowls. 5 Ibe. and over, 26c; 4 lbs. and over, 27c; 3 lbs. and over 25c; Leghorns. 3 lbs. and over, 33c; roosters, 17c; stags, 30c; capons, 8 lbs. and over, 32c; under t lbs., 28c; slips, 21e; fryers, colored, over 3 lbs., 29c; 3 lbs. and over, 30c; broilers. 1% lbs. and over, 33c; Leghorn broilers, 1% lbs. and over, 25c, roasting chickens. 4 lbs. and over, 28c; Leghorns and Orpington fryers. 2 lbs. and over, 30c; black springers, 30c. New Realty Firm Articles of incorporation for the Nussmeier Realty Corporation were filed today with the secretary of state. The firm will issue 100 shares of stock at no par value. Incorporators were Oscar H. Nussmeier, Harry L. Nussmeier and Louis E. Nussmeier.

BELIEVE IT OR NOT

CAN you PRONOUNCE THE WORD fIE tei J “SHIBBOLETH ” f 42,000 People, were executed because ' p They could Nor. J ; |p2 ’ IJ MM ! |I j CONTRADICTING PROVERBS tJjflß I iJßjferftJl K Mf^ti * AS it Sow. So SHALL YE REAP * '-ISp^: They That sow in Tears jJfc J Shall KfAP wjay * vp\ Guillotine. - liwfcd * ( v OKvMHtomNrwetm - y Vfts invented in The SPIRIT of MERCy HORSE iHThItWORLP * mo. nut *Sttmrslei tLOrt Buna n*i k*<i-*4'\ 2S IKCHLS TALL-WUCHT life LtS.

Investment Trusts

Bid. Asked. —Jan. 28— American Founders, new.,... 27% 28% Basic Industry Shares 8% 9% Corporate Trust Shares 8% 9% Fixed Trust Shares A 20% ... Fixed Trust Shares B 17% ... Investment Trust of N Y... 11% 11% Leaders of Industry 10% 11% N American Trust Shares..., 9 9% Petroleum Trading Corp A... 20 25 Revbarn Cos 10 20 S W Strauss Inv Cp Units 52 58 Trustee Sta Oil Share 11 11% U S Elec Lt & Pwr Sh A 38 42 Births Boys Ernest and Isabelle Eddingfield, 5127 Hove y. Herbert and Hallie Crouch, 2301 West Miller. William and Mildred Smith, 1944 Hovey. Patrick and Louis© Campron, 3141 Clifton. Fred and Viola Scott. 2845 North Denny. Archie and Vivian Kirkins, 1314 Edgemont. Harry and Doris Van Zant, 1129 McCord. Norman and Dorothy Putnam, 619 South East. • Ollie and Helen Branham, 1420 West Twenty-third. Carl and Mildred Moore. Methodist hospital. Ben and Allean Johnson, 1118 North Pershing, Elisha and Roxie Curd. 2724 North Highland place. Violet ' and Mary Jackson, 657 Johnson. William and Roszell Hill, 1445 East Seventeenth. Ernest and Nettie Clemens, 220 West Twenty-first. Girls Frank and Emma Severance. 149 South Oriental. Carl and Viola Wade. 1216 Beecher. Wilbur and Florence Stovall, 2230 West McCarty. Albert, and Clara Hofmann. 1031 South Sheffield. Harry and Emma Ostermaier, 3701 Robson. Edward and Lula Davis. 537 West Thirtieth. Merrill and Margaret Lantry, 1845 AppleKate. Lenard and Willie Mllum, 1427 West Ohio. Clarence and Theresa Bennett. Methodist hospital. ... _ . Robert and Chrlstella Johnson. 715 East Georgia. James and Mattie Holliday, 2908 North Martindale. . Julius and Josephine Wade. 2346 Hovey. Earl and Juanita Stewart. 418 West Fifteenth. . _ Robert and Ida Jackson, 107 Douglas. Deaths Essie Aldridge, 56, city hospital, carcinoma. . „ . Patsy Ruth Swayze, 10 mo., 3518 East Pratt, lobar pneumonia. William P. Stevens, 70, city hospital, apoplexy. Katherine Morrison. 64. 705 Hampton Drive, acute dilatation of heart. Florence Van Meter. 38. Christian hospital. myocarditis. Joseph Lutz. 64. 61 South Summltt, cerebral hemorrhage. Mary Salby, 77. 922 Fairfield, angina pectoris. Stephen William Faulkner, 6. 521 Buchanan. diphtehrla. Marie Cook, 21. city hospital, cerebrospinal meningitis. Jan.es Elra Cline, 45. St. Vincent’s hospital. accidental. . „ John W. Morgan. 84, 1903 North New Jersey, arteriosclerosis. Wiiliam Brackenridge. 29. city hospital, appendicitis. Albert E. Sanagan. 59. 1712 North Meridian. chronic myocarditis. Charles Thomas Vajen. 66. Methodist hospital, chronic myocarditis. Ruth Blake. 3. 404 North Delaware, accidental. ' James Blake. 6, 404 North Delaware, accidental. Maria L. Kinnear, 81. 1631 Park, acute gastro enteritis. Mary Hawkins. 86. 356 East Morris, arteriosclerosis. Sarah Louisa Haines. 67. Methodist hospital. obstruction of bowels. John Lee. 61. 20% South Delaware, chronic myocarditis. Minna Holienweber. 74. 1830 Sugar Grove, chronic endocarditis. Charles Pott, 88. Methodist hospital, chronic myocarditis. Harding Tuttle. 7, Riley hospital, acute cardiac dilatation. , Mar- Clara Smith. 77. 140 West Sixteenth. broncho pneumonia. Infant Bunten. 1 day, 1026 West Eighteenth, asphyxiation neaonatorum. Spencer Sneed Boaz. 74. 4121 Otterbeln. carcinoma. , .. , . Francis Albert Kithens. 65. city hospital, lobar pneumonia. _ Samuel W. McMullen. 81. 1856 Quill, arteriosclerosis. „ Beniamin Franklin Hays. 69. 1419 ReUner. chronic myocarditis. _ _ George E. Waggoner. 77, city hospital, arteriosclerosis. . Lenora Ellen Hunt. 74. Methodist hospital. hypostatic pneumonia. Mary Adelia Hemroth. 84. Methodist hospital. pulmonary abscess. , Charles T. Williams. 53. Sixty-second and Northwestern, chronic myocarditis. Alvin B. Trickier. 46. 429 Limestone. acute myocarditis. .... Effie B. Mote. 55. Methodist hospital. F. Smith. 78. 541 North Belmont. hypostatic pneumonia. __ Kenneth Thomas Davis. 11, 37 North Tremont. accidental. _ . Rose Carroll. 70. 5810 University, cerebral hemorrhage. , , Effie Jackson. 28, city hospital, acute myocarditis. Ft, Wayne Incorporation Incorporation papers for the Ft. Wayne Both and Specialty Corporation were filed with the secretary of state today. Capital stock of the firm Includes 100 shares at $lO a share. Incorporators were Harry G. Edwin. Alfred Randall. Charles Bran hill and Samuel Jackson.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

Following is the explanation of Ripley's “Believe It or Not” which appeared in Monday’s Times: The holy scorpion eater—The depiction of the Tunisian holy scorpion eater is from an original photo showing this “saint” in the very act of devouring a scorpion. During my several trips to northern Africa I have been an eyewitness to similar repulsive performances, which, in the eyes of the natives, will invest the performer with the status of a “holy man” and make him the recipient of honors and gifts. FARMERS FAVOR GRAIN PFIOGRAM Price Changes Expected on Smaller Planting. By Scripps-Haward Newspaper Alliance WASHINGTON, Jan. 28.—Farmers in general are taking rather kindly to the wheat acreage reduction program, Alexander Legge, chairman of the federal farm board, said today. It begins to look as if there would be a general reduction of 10 per cent in acreage, he indicated. Assurances have reached the farm board that the southwest will do its share in cutting acreage this fall, if the northwest cuts down in its spring wheat planting. That would mean that the price of spring wheat coming on to the market in September would be influenced. Legge believes that fluctuations downward in the price of wheat have been stopped. With present assurances and plans, he expects that the price will stabilize around $1.25. He is optimistic with regard to the surplus wheat now on hand, as it is of finest quality, and for such wheat there is always a market. As the Argentine wheat crop is low this session, the farm board expects that it will have little influence on the world market.

STUDENTS TO EXCAVATE Expedition Will Search in Algeria for Stone Age Relics. By Science, Service BELOIT, Wis., Jan. 28.—A group of eleven American college students will undertake a large-scale search for Stone age relics in the eastern part of Algeria in February. The enterprise is known as the Beloit college-Logan museum expedition, and is under the direction of Dr. Alonzo Pond. The group will scatter over some fifty or sixty sites already located and each man, with the aid of Arab workmen, will excavate his site until its cultural relationships to the whole are determined before moving on to the next. Half of the specimens collected will be sent to the state museum at Algiers. The other half will be the property of the Logan museum at Beloit college and will be shipped to America,

BISHOP MAY RECOVER Hope Held for Episcopal Church Head After Natural Sleep. Bv United Press CHICAGO, Jan. 28.—The condition of Bishop Charles Anderson, primate of the American Episcopal church, was reported improved today after a prolonged natural sleep. For the first time since his illness of heart disease became critical, the bishop’s physicians held some hope for his recovery. Loses Valuable Pearl String Bv United Press _ LOS ANGELES, Jan. 28.—A pearl necklace valued at $31,200 either was lost or stolen from the handbag of Miss Beulah Speigelberg, society woman of New York, she reported to police. ,

Rxr Reef stem! O, S. U y Patent Offiea. RIPLEY

Business — and — Finance

The fifty most active stocks traded on the Chicago Stock Exchange during the week ended Jan. 25 had a market value of $2,360,076,233 at the close of business Saturday as compared with $2,309,657,521 at the close of the previous week, according to a compilation by Lage & Cos. This represents an increase of $50,418,712, or 2.18 per cent. Chartered Investors, Inc., In its first annual report, published today, shows net income after all expenses and taxes of $797,756 for the eleven months it has been in operation. The company, an investment trust of the management type, organized bv Clark Dodge * Cos., started with an original subscribed capital of $9,350,000. By the end of the year this fund had increased to $9,707,146, representing the net worth at market prices on Dec. 31. lowa Public Service Company, which is controlled by American Electric Power Corporation, reports gross earnings of $4,252,694 for the year 1929 and net earnings of $1,831,147. The latter is equal to 2.53 times annual interest requirements of $722,800 on all mortgage bonds to be presently outstanding including this issue. The territory served bv the company is one of the richest agricultural sections in the world and includes a population of approximately 500.000. DETROIT. Mich.. Jan. 28.—Announcement was made bv William A. Mara, vicepresident of the Stinson Aircraft Corporation, that the company will .ncrease its production 300 per cent in 1930. The Stinson Company is a unit of the Cord Corporation, and is already the larges builder of cabin airplanes in the world. More than $1,000,000 in commitments have been let by the Stinson Company to cover the first three months of the program. Mara said. This is the largest volume ever let by a commercial American aircraft manufacturer. United States Lines. Inc., reports consolidated net earnings for the period April 8. 1929. to Dec. 31, 1929. of $1,693,151.72. after deducting operating and administrative expenses, accrued interest and reserves, including depreciation, but before franchise and federal taxes. OTTAWA, Ont.. Jan. 28.—Canadian mines yielded new high levels in output during 1929 for the fourth consecutive year. , Total production of iretals as a group had a value of $151,327,000 as against $132,012,454 in 1928. the greatest gain, according to a bulletin by the department, of Colonization and Development of the Canadian Pacific Railway. NEW YORK COFFEE RANGE High. Low. Close. High. Low. Close. January 8.95 8.95 8.95 March 8.90 8.80 8 90 May 8.41 8 40 8 42 July 8.23 8.16 8 23 September 7.99 8.01 7.93 December 7.69 7.42 7.64

>k>rmanS Blue Bird Store Set of BUJE BIRD DISHES GJVETZ AWAST vs+tfttt You*, pujlch or CASH OR CREDB tORMAJJS 2?7-24 EAST ~WAgE

We Offer AMERICAN LOAN COMPANY NON- NONTAXABLE / 0 SPECULATIVE PREFERRED and COMMON STOCK A fixed income-bearins? investment yielding quarterly income. Descriptive Circular on Request UMPHREY & HARTZ LI neoln 347 BrurkeTS 8439 " Trust Bldg.

PAGE 13

STRONG CABLES SEND GRAINS UP IN EARLY TRADE Buying Confined Mostly to Short Covering and Resting Orders. Bv United Press CHICAGO, Jan. 28. —Wheat opened about steady on the Board of Trade today, due to improved foreign cables. Liverpool was stronger than expected and Buenos Airea rallied early in the morning. Com held about steady, with receipts considerably lighter than expected. At the opening wheat was unchanged to % cent lower, com was % cent higher to 'k cent lower, oats was unchanged to 'h cent off. Provisions were firm. Liverpool was •% cent to % cent) higher on a rally late in the day after opening about steady and easing slightly in the early trade. Buenos Aires followed Liverpool after opening weak and around mid-ses-sion was % cent to !s cent higher. Foreign demand so far has failed to improve and the local trade ia mostly buying by shorts and commission house buying on resting orders. Com was under considerable pressure, due to diminishing receipts, but prices were stubborn. The anticipated large country movement did not materialize. Weather over the corn belt continues mild and generally favorable. Oats reached anew low for the season, due to heavy liquidation mostly on short covering. Chicago Grain Table WHEAT— Pri-v. High Low. 12:00 Close. Mar 1.21*h 1.20% 1.20% 1.21% Mav 1.25% 1.24% 1.25 1.25% July 1.27 1.25% 1 26% 1.26% CORN— Mar 87% .86% .86% .87 May 90% .89% .90 .90% July 92% .92% .92% .92% OATS— Mar 45 .44% .44% .45% Mav .. ... .46 .46% July 45% .45 RYE— Mar 91% 90% .90% .91% Mav 90*. .89% .89% .80% July 69% .87*4 .87% .89% LARD— Mav 10.82 10.75 10.80 10.75 July 11.00 10.95 B’l Times Special CHICAGO. Jan. 28 —Carlots: Wheat, 20; corn, 380; oats. 51; rvc. 2; barley. 26. TRY NEW MARKET PLAN Full-Day System Preparatory to Six-Day Schedule Request. Opening of city market until 6 p. m. on Tuesday and Thursday was ordered today by the board of safety. The new plan will be given o three months’ trial. Heretofore, the market was open only until noon on Tuesday and Thursday, and all clay on Saturday. J. F. O'Mahoney, president of rtrindholders, told the board that the full-day plan was preliminary to making a request for a full sixday schedule. The market has arranged for the safety board, Mayor Reginald H. Sullivan and a Chamber of Commerce representative to broadcast Monday night over WKBF. PRODUCE TRUCK ROBBED Poultry, Eggs Worth $43 Taken From Parked Auto. Poultry and eggs, valued at $43, we.e missing from a truck belonging to Strobel Brothers, 812 West Washington street, which had been stolen eaily this morning while parked in Pearl street in rear of the L. S. Ayres Company. The truck was found at Blackford and Vermont streets a few hours later l|v Eddie Coble, 325 Bright street, but the produce was missing.

Local Wagon Wheat

Citv grain elevators are paying *1.12 for No. 2 red wheat and $1.09 for No. 2 hard wheat ____________

Bargains in Grand Pianos and Radios Convenient Terms J BALDWIN’S On tlie Circle

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Money Loaned —ON—DIAMONDS Liberal. Reliable, Confidential SUSSMAN'S BTATK LOAN OFFICE Legal Rate*—Bonded Brokera Established 27 Year* 239-241 IV. Washington fit.