Indianapolis Times, Volume 41, Number 225, Indianapolis, Marion County, 29 January 1930 — Page 11
-saj/29, 1930.
STOCK MARKET ! TURNS UPWARD j AT mid-session! Special Issues Score Best Gains; Tobaccos Are Active Again.
Average Stock Prices
Ara*e of thirty Industrial* Tuesday wa* 2f>i 9C. Off 3 03. twenty rails. 148.38. off 35: twer.ty utUitlea, 88 75. off .13; forty bonds, 83.74. Ry Unit'd Prrt* NEW YORK. Jan. 29.—Overcoming early unsettled effects of a sharp break In International Telephone and Telegraph and Radio Corporation, the stock market turned definitely upward toward noon today. United States Steel was the outstanding leader, rising 3 points to 180 in active turnover. Other industrial leaders, notably American Can, General Electric and Westinghouse Electric, were firm. The best gains of the day, however, were made in special issues and in such groups as the harvester machine companies and tractions. Amusements held firm, as did mail order shares. Building equipment s Issues rose under the lead of Johns Manville and Celotex. Magna Copper was strong in its group; General Motors held firm; Pennsylvania ; was in fair demand in rails: Worth- j ington Pump was an active special issue, rising nearly 4 DOints. Tobacco Shares Gain Tobacco shares again became prominent after two days of lethargy following their spurt last week. Schulte preferred rose 5 points and Loril lard more than a point. Consolidated Gas and Public Serv- [ ice of New Jersey were outstanding in the utilities. All the local trac- ! tions moved up from more than 2 to more than 39 points, turning over ' actively. Traders were anticipating j early action toward reopening the j 7-cent fare question and accumulat- j ing Interborough Rapid Transit, j Brooklyn Manhattan Transit and Manhattan Elevated issues. Third Avenue also was firm, but less active than Tuesday. Warner Brothers Pictures held gains of more than a point in the amusements, where Fox Film A. Radlo-Keith-Orpheum and Paramount also moved j higher in active turnover. Among other gainers were Union Carbide up 3 points; Vanadium uo 2; Advance Rumley up 2; J. I. Case up 6U: International Harvester uo 2';; Worthington Pump up 3 V and Texas Gulf Sulphur up 2 V Gotham Silk Hosiery rase rapidly in early trading but quieted down \ later. Trading Increases Around noon activity increased on the upside. Steel touched 181 and American Can reached 129. Union Carbide came out in long strings and was carried up nearly 4 points above the previous close. Columbian Carbon soared B’i points and Allis-Chalmers more than 2. Bethlehem Steel, Consolidated Gas and other leading issues bettered early gains and the whole market pre- j sented a firmer tone. Trr ’hig increased In volume on the buif.e after falling below Tues-, day in early trading. Sales to noon totaled 1,317.100 shares, compared with, 1,252.700 yesterday. Call money renewed at 4>4 per cent, and at 12:10 p. m. declined to 4 per cent.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bunk clearings Wednesday. Jan. 29. 52.938 OOC; debits. $6,241. CHICAGO STATEMENT Pu Units and Press CHICAGO, Jan. 29.—Bank clearings. J 93.000.000; balances. $16,600,000. NEW TOKK STATEMENT Bu United Press NEW YORK. Jan. 29.—Bank clearings. $1.552.000 000. clearing house balance $149,000,000; federal reserve bank credit balance. *142,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. Jan. 29 —Treasury net balance Jan. 27 was *103,113.918 59. customs receipts for the month to that date *34.454.678.19. expenditures for that date, *lll.Olß.
In the Stock Market
(Bv Thomson St McKinnon* NEW YORK, Jan. 29.—The earnings report of the steel corporation, particularly for the month of Decembe- exceeded by a wide margin most expectations. We mention the month of December particularly because operations then were at the very lowest points. With operations now substantially above those of last month, indications are that corporation earnings for the first quarter of 1930 will exceed by a fair margin those of last the three months of 1929. In some ways this report substantiates the theory expressed in well informed circles that the turn for the better in business is already under way. There is one other condition confirmatory of this. We understand that an unusually large amount of copper has been sold during the past few days with consumers perfectly willing to pay the asking price of IS cents per pound. Gradually this improvement will spread to other industries and continue to find reflection in steadily improving market outlook, an.i allowing for a few exceptional cases where downward readjustment is necessary-, we look for the advance to continue
Local Wagon Wheat
City itraln elevators are paving 11.10 for No. 3 red wheat and $1.09 for No. 3 hard wheat. Marriage Licenses Allen R Summer. 4S. of 904 Udell, clerk, and Daisy F, Felts. 43. of 350 North Keystone. Wiliam C Schter, 50. of 1318 North Keystone, salesman, and Leila Findley. 47. of 103 North Sherman, saleswoman. Curtis H Smith. 26. of 759 East McCarty. attorney, and Alta Com best. 23. of 3i58 Madison. Kenneth U Hunt. 35. of 1504 Blaine, machinist, and Catherine R. Radican. 19, of 1046 (South Sheffield. John C Brakefleld. 26. of 3463 East Twenty-fifth, gardener. and Mvrtle O. ©rjexle, 20. of 342 East Twenty-fifth student. Bntest L. Reremsn, SJ. of ?6S N;rth Sheffield, coremaker, and Nettie A. ftducldw $7. of 0M North Sheffield.
New York Stocks ..... , Bv Thomson A McX.lr.nor.) ———————
—Ju. 28— Prev. Railroad*— High. Low. 13 00. close. Atchison ... 234% 235% Balt A; Ohio 11* 115% 113*- 118 Canadian Par 198% 199% Chesa A Ohio 214% Chrsa Corp . 68% Chi A N West 85% 86% Chi Grt West 14% 14% C R I A P 117% Del A Hudson.. .172% 172% 172% 171 % I>el A Lack* 136 136 Brie 61 67 tine Ist pfd 61% Ort Nor 8% Kan City South.. .. ... ... 79 % Lou A Nasn ....137 136% 139% ... Mo Pac 90 M K A T 53% 53V 53% 53% Mo Par Pld ••• ••• 137% N Y Central ...177% 176% 177% 176 N Y C A St L ... 135 NY NH A H 11l 111’* Nor Pacific •• • 85% 85% Norfolk A Wert 236 235% 238 236 OA W 14% 14% Pennsylvania •• 78 7 / 78% 78% 78% Heading ...127% 128% 127V* 126% Seabd Air L * Southern Ry }36 j 36 Southern Pac 120% St Paul 24% 24% St Paul pfd 42% 42% 42% 42% St L A 8 W 64% ... st l ft 8 P 109% Texas A Pac 119 118% 118% ... Union Pacific.. .. ... 219% 219 s Wert Maryland.. 25% 25% 25% 25% | Wabash , 66 Rubbers— Ajax ••• 2% Fi&k ..*••••• 4 4 4 Goodrich 45 44% 44% 45 Goodyear 71% 71 714 71% KeUy-Spgfld , s < 7 x,fk ... o*4 •* United States ... 25% 24% 24% 25% Equipment*— Am Car A Fdy *O% 81 Am Locomotive.. .. ••• ••• I ™ / Am Steel Fd 48% 48 48/4 4R Am Air Brake 8h •• 48.4 Man Elec Sup .. ■■■ *8 38 Cleneral Elec .. 65% 04% 65% 261 Oer R- Signal. . 92 91 91% 81% Gen Am 1ar.k..103% 103 1 03% 104 N Y Air Brake • Pressed Stl Car 10% 10% Pullman , /8 j};,,, 4 Westlngh Air 8.. .. 46 2 46,* Westmgh Elec ..154% 152 154 153 AmßoVMills.. 88% 87% 88 88 Bethlehem 100 ts % 100% % Colorado Fuel.. 45 % 46% 45, 44 2 Gulf States Stl.. ... |9 58 4 Otis M % 34% 34% 33% Rep Iron A Stl.. .5% 73,2 <5% I.udlum 40% 40% 40% •*,' u e s to steeV:::.n9% m 179% 177" Altoy . ...... 33% 32% 32% 33% Am Bosch Mag .. ... 43% 43 2 Briggs 15% 15% 15% 15% Brockway Mot • • 13<a 13.a Chrysler Corp... 25% 25% 35\ *5 * Eaton Axle .... 34Va 34 34 e 34 e Graham Paige .. .. ••• , ••• Borg Warner .. 38 37% *7% 37,2 Gabriel Snubbrs ... ... 6 ■ 6 General Motors.. 407* 40V* *o‘, JO,* Elec Slot aßt.. .. ••• Hudson 57 W siV* 56,fe . Sulo BOCy . C .° rP . 22% *22% -22 H 22% Auburn .. 216 Vi 214% 214% 216 Mack Trucks .. 75% 73% i5/2 ‘4% ff 2 Gardner „J, 8 MntGr Wheel .. . . ... 28’4. *so*4 Motor wneel ; 52% 52 52V. 52% Packard ... ..... 16% 16 16 16 Peerless 11 10'/2 H 11 Studebaker Cor.. 44 43% 44 44, Stew Warner ... 41% 41% 41% 41% Timken Bear 75% 75 '| 5 <i Wiilvs-Overiand.. 8% 8/2 8 Yellow Coach... 16% 16% 16% 16 a White Motor .... 33% 33Va 33 * 33/a Am SmAt A Rfg 74V: 73% 74/2 '3 * Am Zinc 15% 15% 15% 15 * Anaconda Cop.. .6 <4% 75* '% B Calumet A Artz 86 ■%* Calumet. A Hecla 30% 31 J Cerro de Pasco.. ... 63 2 ,B Dome Mines “ , Andes “3 * Granbv Corp ?,!%? inspiration Coj.. 29% 29'% 29% -9% Howe Bound 38 Jo Int Nirkel 37% it 3 /* 37% e. * Kcnnecoi,t Cop.. 59-/* .c 9% Mi-.gm.. Cop .... '9% 191* 49% ■3 * | Miami Copper... 31% 31% J‘% 2J o Nev Cons 26'* -.9% 79,4 29,2 Texas Gulf Sul.. 62% 61 62% 60% St Joe 53 * 02% 53 * 52% U S Smelt 34-.4 3C ! /2 34 V* 34 . a Atlantic Rfq.... 38% 38 38 37 r. Barnsduh (At... 22 * ..2'* •;?% 22,2 Freeport-Texas.. 43 42 * B 43 42 Houston Oil ... 57 3/ 5. 57 Indp Oil A o*6 22% 32% 32% 22V, Cont! Oil 22 % 22% 22 ,* 22/j Mid-Cons, Petrol. 26 * 26 -6 22 V* Lagn Oil A Tr. . 22 23 32 ... Pan-Am Pet 'Bi 52 .">2 08 a2 Phillips Petrol.. 33 32% 33 33 Prairie 0i1..... 50% 5b% 50-** 00% Union of Ca 1.... 44% 44% 44% 44V* Prairie Pipe .... 59% 39% :,#•/* •>*% Pure Oil 23’< 23% 33% -’3 .* Roval Dutch Richfield . ..... -“>% Shell 39% 3?% 23% 23 iiimms Petrol.... 23% 23% jJ% -"V* •Sinclair Oil 25 34* * 24% 34 * Skelly Oil ... . -0% i Std Oil Cal 5a% a/ •>% 3'd Oil N J 63% 63 63 c3’* Std Oil N Y.... 32% 32>% 32% 82% ndewater 12% 12 12 12V* Texas Corp.... 53V* 55% 53% o 4 T.xas C & O 9^4 Trauscontl 8 * 9 SVz 9 White Paglf .. .. ... ... 27 j Industrials— Adv Rumely .... 20% 20 20% 191 * Allis Cha'mer:'.. r. 8% .57'* 58 s b 57 Allied Chemical 273% 2i2 272 2,4 [ A M Byers 8t 34% 86% 80% ' Armour A ..7... ">% .5% .5% J>% , Amer can 120% 127 7 * 727% Allegheny Co.p. 25% 25% 25% 257* Am Safety Raz 61% i Amer Ice •••., , ??% Are. IVoolen .... 16% 10% 10 1 * 10'^ Assd Drv Goods 32 7 H 327* 32% 33% Bon Alum 52% 52% 52% 52 Coca Cola ... ••• 1JJ; 8 Conti Can 55% 55% 55% cat* Certainteed .... 12% 12% 12% 12% Croslev 15% 15% 15% 15 * Congoieum .... 16Va 16 16 16% Curtiss W 7% 7 7 7% , Davidson Chern 33V* | Dupont UO’b 116% 116% 116% famous Players. 62% 61', 62% 61 1 Gen Asphalt ... 51 50% 50% 50% Fox A 82% 30% 32% 30% Gold Dust 45% 44% 45 44% GKdden 33% 33% 33 l % 33% Int Harvester.. 90 88 % 90 88% Xelvlnator 97* 9% 9% 10 Lambert 102% 102% 102% 103% Loews 58% a8 58% 57V* May Stores .... 55 55 55 65Vs Kofster ......... 3% 3V* 3% 3V* Montgom Ward.. 44% 43% 44% 43% ■ Natl C R 807* 78 80% 78% . Radio Keith 30% 29% 30% 29% : Owens Bottle .... ... ... 55V* | Radio Corp .... 36 34% 35% 35 Real Silk 50 50 5 0 50 j Rem Rand 33 32% 3? 32 i Sears-Roebuck .. 34% 92% 94% 92' ; Union Carbide .. 88% 35'* 88% 8474 : Warner Bros ... 54% 52% 54% 52% iUn Air Craft... 48% 47 43% 48 ; Untv Pipe 5 lUSCs Ir Pipe. 25% 24% 257* ... ; r s Indus ftfco.m’i ht, :t% i% Worthington Pu 78% 76 ! 78% 7C'i Woo'vorth Cos.. 68% 67% 67% 48% I't.tities— Art Tel A Te1...222% 221% 227% 212 ;AmPr ALt 85% 84% 84% 35% Png Pub Serv .. 45% 45% 45% 451* Am For Power.. 92% 81’,* 92% 91% .Am Wat Wks... 92 91 91% 92 Gen Pub Serv.. 36% 36% 38% 45% Cos! G & E . ... 87 80% 82 80% Consol Gas 108% 107 107% 107% Elec Po-% A Lt.. 59% 58% 59% 59 Int T A T 66% 65% 66 67% Nor Am Cos. ... 99% 87'. 99% 97% Pac Light 54 54 54 53 Pub Sec N J ... 89% 87% 83 87% So Cal Fdison.. 58 58 58 57% Std Gas A E1...115% 114 315% 114% United Corp .. 34% 34% 344* 34% Utilities Power ... 33% United O A Imp 37% 36% 367* 37 West Union Tel 203 Shipping— Am Inti Corp... 4C% 39% 40 39% Atl Gulf A W I 75 75 75 747* Inti Mer M pfd 26’ _> United Fruit ...103% 1037* 103 s * 103% Foods— Am Sug Rfg ... 627* 62% 62% 63 : Cudahv 45 ! Beechnut Pkg ... 69 California Pkg 68 %
On Commission Row
FRUITS Apples —Delicious, box extra fancy, $3.75; choice. $3<43.35; Jonathans. $2.75; Grimes Golden. 42.50- New York Oubhess. $3.25ft 2.50; Gravenstein. SS; Wolf River. $2 50 Stavmen box. s3ftS.3s. Cranberries—s 4 a 25-lb. box: $8 25 a Grapefruit— Florida. S4.SOS'S. Grapes—California, seedless. $3 50 a crate; Emreror, $2.5Cf22.75 a crate Lemons—California, a crate. SJ. Limes—Jamacla. $2.5033. Oranges—California Valencia. $4.5038 50 Strawberries —60c a Quart. Tangerines—s3,so a crate. VEGETABLES Beans —Florida. a hamper Bee-s —Texas. $3 50 a crate Carrots —California, crate. $3 50 Cabbages—s3 50 a barrel. Ce.ery—Michigan. 90c; Idaho. $5.35 a deter, bunches Cauliflower —Colorado, crate. $2.50 Cucumbers—Florida. $6 a crate. Egyplsne— $2.50 a doren. $6 a hamper Ka e—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-Ib tag; white. 50-lb. bag $1.75. Parslev—Southern, dor bunches. $1 Peas—California $6.50 a hamper Peppers—Florida. $7 • crate Potf.aes- Wisconsin anti 51;: ;..‘,cta whhe. $4.35*24.50 a 160-Ib. bag: Red River O. if 120 S3. SO. Idaho Russets. 34. Radishes—Button, hothouse, deren 90c; southern, king red. UQISe desen.
Canada Dry ... 69 88 % 69 68% Corn Product* ... 94% Cont Bak A 4'% 43 43 44 Borden 61 64% 84% 65% Cuban Am Bug 8 Grand Union . 16y t 167i 16V 16% Grand Union pfd .. 40 Jewel Tea 46Va 46 46 46% Kraft Cheese .. 42% 42 42 43% Kroger 45% 45% 45V* 45' 2 Loose Wiles 58% 58% 58% 57% Natl Biscuit ...197 197 197 198% Natl Dairy 47% 47% 47V* 48 Purity Bak 84’, 83% 847* 85 Loft 3% 3% 3% 37 / * Btand Brands... 27 26 26% 27 Ward Baking B 5% Tobaccov— Am Sumtra 22 Am Tob B 220% 220 2207, 218 Con Cigars .... 51V* 507-i 517* ... General Cigar.. 53 53 53 53 1 2 I-lg A Meyers.. .102% 102% 102% 102 Lorlllard 24% 23% 24% 23% R J Reynolds... 53% 537 s 537* 5374 Tob Products B. 5 4% 4% 57* United Cigar St. 6% 67* 6% 7 Schulte Ret Strs 974 8 8% ...
Business — and — Finance
NEW YORK, Jan. 29.—ftigot production of United States Steel Corporation has increased more than 5 per cent in the past week and is now in excess of 77 per cent of capacity, according to trade estimates made today. At 77 per cent production is 10 per cent above two weeks ago. NEW YORK, Jan. 29.—Earnings of the Inland Steel Company in 1929 totaled $11,712,374 after depredation, interest, depletion, taxes, etc., it was announced here today. This compares with a net profit of $9,334,297 earned in 1928. Noblitt-Sparks Industries, Inc., earned $9 a share on its common stock and increased net income 129 per cent last year, it was announced today by Q. G. Noblitt, president. Noblitt stated that the annual report will show total sales of $5,362.157 for the year 1929, which is 84 per cent greater than the $2,901,371 total of 1928. Net income after taxes, deprecia- j tion and charges amounted to $675,480. or $9 a share on the 75,000 shares of common stock outstanding. This compares with $294,603, or $4.91 a share on the 60,000 shares of stock outstanding in 1928. CHICAGO. Jan. 29.—Following ara the complete quotations on the major points of a letter to stockholders by V. V. Boatner, president of the Chicago Great Western Railroad, made public today: Earnings, total ODerating revenue of flip .'ompanv was $25,825,337. greater by 5954.314 or 3.84 per cent than for 1928. Net Income, after deduction of interest and all other charges was $1,235,880 and greater by $328,068 or 36.14 per cent than for 1928. Continued Increase In the percentage of eights registered during the first ten months of 1929, has been accompanied by a steady drop In the percentages of sixes In the field above $1,009, according to a compilation made by The Studebaker Cocporalion. Total registrations of sixes above SI,OOO for the first ten months of 1929 in fortythree states amounted to 494,797 compared with 601,961 for 1928, a decrease of 18 per cent. But eights increased to 138.915 compared with 85,7132 for the same period of 1928, an Increase of 62 per cent. fin r'nitciJ Preta Washington. Jan. 28.—Authority to issue $2,115,000 of its 4% per cent equipment trust certificates v/?:s asked of the interstate commerce commission today by the Chicago. Milwaukee. St. Paul A Pacific t Railway Proceeds will he used to purchase i.OOO steel gondola cars. Jiv 1 fif',l Press WASHINGTON. Jan. 28.—A final valuation of $63,861,208 as of June 30. 1914. was i placed today by the interstate commerce ' commission on the owned and used prop- | erties of the Western Pacific Railroad. CHICAGO, Jan. 29.—Vortex Cup Cnmpiny reported that net income for th 12 months ended Dec. 31, 1929. amounted to $707,078 alter all taxes, depreciation and charges, which was equivalent to $1.95 earned a share on the 105.000 share* of common stock outstanding, after allowing for dividend requirements on the cla.-s A stock. This compares with net income of $550,389 or $3.43 a share on the same basis of capitalization for tbe preceding twelve months. j CHICAGO. Jan. 29.—Foote Brothers Gear ! and Machine Company has received an order for road equipment, approximating $20,000, from the Elder Road Machinery Company of Atlanta. Ga. The equipment i includes scrapers, graders and tractors.
Indianapolis Stocks
—Jan. 29 — Bid. Ask. Amer Central Life Ins C0..1,00(V ... R it R R & S YUs Cos c0m.... 61 64% Belt R R & S Yds Cos pref... 55 60% j Bobbs-Merrill Cos 2? ? Circle Theater Cos common.. .104 %■ ... Citizens Gae Cos common .... 36 ,41 Citizens Gas Cos pref 94% 99 Commonwealth L Cos pf 8-%.. 98 ... Commonwealth L Cos pf 77c. 97 ; Hook Drug Cos common 44 i Ind Hotel Cos C’aypooi com... 125 Indiana Hotel Cos pref 100 Indiana Service Corp pref ... 75 .. Indianapolis Gas Cos common. 56% 61% Inapls Power & Lt Cos pref..lo2 104 Indpls Pub Welf Loan As com 51 Ir.dpls St Railway Cos pref.... 28% 30 Indianapolis Water Cos pref.. 96 Interstate Pub S Cos pr L pfd 99% 102 Interstate Pub Service Cos pfd. 88% 92 Metro Loan Cos 93 1 2 Northern In.d Fub S Cos pfd.. 94 100 Northern Ind Pub S Cos pfd. 102 105 Progress Laundry Cos common 45 ■ E Rauo & Sons Fer. Cos pfd.. 50 | Real Silk Hosiery M. Inc. pfd 90 Shareholders Inve-tors Cos ... 24 Standard Oil Cos of Ind 53 ... Terre Haute Trac & L Cos pfd 73 Union Title Cos common 39 48 Van Comp Prod Cos Ist pfd... 98 ... Van Camo Prod Cos 2nd pfd 98 —BONDS— Belt R R &Stock Cos 4s 88 Central Indiana Gas Cos 55.. 97% Centra! Ind Power Cos 6s 98 Citizens Gas Cos 5s 101 102 Citizens Street Railroad 55.. 45 50 Gary St Ry Ist 5s .. 70 Home T & T of Ft Wavne 6s. 102 Ind Northern Trac Cos 5s ... 3 5 Ind Rv <Sr Light Cos 5s 85 Indiana Service Corpn 5s 85 Indpls Power & Light Cos ss. 98 ICO Indiana Union Trac Cos 5s ... 5 Ir.dpls Col & So Trac 6s .... P 5 100 Indianapolis Gas Cos 5s 98 100 Indpls A- Mart Rapid T Cos 5s 20 Indpls No Tra<' Cos 5s 9 13 Indpls * North Trac Cos 5s 20 Indpls Street Ry 4s 42% 46 Indpls Trac St Ter Cos 5s .... S3 % Indpls Unton Rv 5s 100% ... Indpls Water Cos 5%s 100% 104 I Indp’s Water Cos 5s 92 Tndpis Water Cos lien & ref.. 92 Ir.dpls Water Cos 4%s 91% ... Indpls Water W S-c Cos ss. 84 Irtrstate Pub Ser- Cos 4'%. 81% ... Interstate Public Service Cos 5s 96 Interstate Pub Serv Cos B 6%5.101 No Ind Pub Serv Cos 5s 97% ... No Ind Telegraph Cos 6s 96 T H. Ind <fe Ess: Trc Cos ss. 60 T H Trac St Light Cos 55.... 86 91 Union Trac of Ind Cos 6s 13
Investment Trusts
Bid. Asked. —Jan. 59 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 ot N Y... 11* 11 % L-aders of Industry 10% 11-2 N American Trust Shares.... 9 9% Pttroieum Trad.ng Corp A... 20 25 R-vbarn Cos 10 10 8 W Strauss Inv CD Unit* 52 58 Trustee Std OU Share 11 11* V B Elec Lt * Pa r sb A 88 42
THE INDIANAPOLIS TIMES
PORKERS GAIN 25 CENTS AT LOCAL YARDS Cattle and Calves About Steady; Sheep Off Slightly. Jan. Bulk. Top. Receipts. 22. slo.lo® 10 35 $10.35 8.000 23. 10.10310.35 10.35 4,000 24. 10.104f10.35 10.60 6.000 25. 10.70te 10.70 70.75 4,500 27. 10.15 It 10.50 10.50 6,000 28. 10.25iU 10.60 10.80 7.000 29. Hogs were mostly 15 to 25 cents higher today at the Union Stockyards. The bulk, 140 to 275 pounds, sold for $10.40 to $10.75. Top price was $10.75. Receipts today were 5,000, holdovers were 431. Cattle were about steady with new arrivals of 1,100. Prices on steers ranged mostly $12.50 to $14.25. Vealers were steady, selling at $.17 down. Sheep prices wer; around 25 cents lower with receipts of 600 in the pens. Lambs sold mostly at $12.75 down. Top price on lambs was $12.75. Chicago hog receipts were 22,000, Including 3,000 directs. Holdovers were 8,000. Today’s market was very slow, with bidding steady to strong with Tuesday’s average. Choice 180-pound weights brought bids of $10.50; $10.20 to $10.25 was bid on 240 to 280-pound weights; $lO.lO was paid for choice 280pounders. Cattle receipts were 8,000; sheep, 11,000. —Hog*— Receipts, 5,900; market, higher. Heavies, 300 lbs. up $ 9.704710.90 250-300 lbs 10.25® 10.50 Med. wts.. 225-250 lbs 10.55%10.65 VOO-225 lbs 10.65 Light wts.. 160-200 lbs 10.75 Light Its.. 130-160 lbs [email protected] Light wts.. 160-200 lbs 10.50^10.60 Packing 60 ws 7.75®i 8.75 —CattleReceipts. 1,100: market, steady. Beef steers. 1,100-1.500 lbs. good and choice [email protected] Common and medium 9.25® 12.00 Beef steers. 1,100 lbs. down. good and choice 12.25515.50 Common and meduim [email protected] Heifers, 350 lbs. down, good and choice 12.00® 14.50 Common and medium 12.00 ! Cows 8.50@>10.00 Common and medium 8.50® 8.50 Lower cutter and cutters 4.75® 6.50 Stocker and feeder steers. good and choice 8.75(5111.75 Common and medium 6.75® 8.75 —Veals— Receipts. 500; market, steady. Medium and choice [email protected] Cull and common [email protected] —Sheep— Receipts. 600; market, lower. Lambs, goon and choice sl2 00® 13.00 Common and medium 9.50®12.00 Ewes, medium to choice 4.50@ 6.50 Cull and common 2.00@ 4.50 Other Livestock By United Press CHICAGO, Jan. 29.—Hogs—Receipts, 22,000; including 3.000 direct; opened Steady: later weak to 10c lower; top. $10.50; bulk 160-200 lb. weights. $10.25® 10.45; 230-280 lb. weights. slo<@ 10.30: butchers, medium to choice, 250-350 lbs., $9.50(./ 10.30; 200-250 lbs.. slo® 10.50; 160200 lbs., $10.10<5}10.50; 130-16 lbs., $9,504/ 10.5; packing sows. [email protected]; pigs, medium to choice. 90-130 lbs., s9®lo. Cattle—Receipts, 8,000; calves. 2,500: steers and long yearlings rated good and better average. 25c higher on shipper account; others, steady to strong; largely a forced market; she slock draggy and lower: slaughter classes, steers, good and choice. 1300-1509 lbs.. 5’2.504* 15.50; 1100-1300 lbs.. $12.50@16: SSO-1100 ~ lbs., [email protected]; common and medium, 850 lbs. up. $8.75@ 12.50: fed yearlings, good and choice. 750SSO lbs.. $;2.50(0 16.25; heifers, good and choice, 850 lbs. down, sl2@ 14.75; common and medium. $7.75®/12.25; cows, good and choice. sß® 10.50; common and medium, $6.50®8; low cutter and cutters. $5.25® 6.75; bulls, good and choice, beef, $9.25® 10: cutter to medium. [email protected]: vealers, milk fed, good end choice. $!2(/7T6: medium. flfz® 12; cull and common. $7.50@10; Stocker and feeder steers, good and choice, si! weights. $10.50® 11.50: common aud medium. [email protected]. Sheep-—Receipts, 1,000; mrket, slow: opening steady; early bulk fat lambs. $12.254712.50; choice, $12.75. some holding higher; fat ewes, weak at $6.2547 8 50: feeding lambs. quotable steady; lambs, good and choice. 92 lbs. down'. *1247 13.15: medium. $11.504712; cull and common. slo® 11.25: ewes, medium to choice. 150 lbs. down. $5.50<®7: cull and common. $34/5.75- feeder lambs, good and choice $11.504712.50.
Bu United Press _ niNrTNt’ ATI. Jan. 29.—Hogs—Receipts, 1.900- holdovers. 270: butchers. 160 pounds un 10(c/25c: light lights, pigs and sows, ste-.dy to sifong; bulk good and choice. 160 to 225 pounds. $10.85; desirable. 240 to 260 pounds $10,504/10.65; few 280 to 300 lbs.. slo# 10 25; heavier hogs, $9.75 down: dv. -Bble 120 to 150 pounds, mostlv $10.25; pig-. 90 to 110 lbs.. $9.50///TO; bu!k sows. SBV. - -om higher. Cattle—Receipts. 47" e 325: about steady: demand p-; best 600 to 700-)b. heifers of q; ' v to sell at. Sl2*?i 12.50: few light ye nv steers. $12.50 down: beef cows mc.'tlv s7l/ 8.50: odd heed. $9: low cutters 011' cutters, mostly $5.50(u 0.75; bulls, SB4/ 9.25; vals steady; top. sl7; bulk above sl4. Sheep—Receipts, 125: steady; scattered sales of lambs up to $13.25; good light ewes arour.d $5.50. Bv United Press EAST BUFFALO. N. Y., Jan. 29. Hogs—Receipts, 2.100: holdovers. 1.100; fair, active, mostlv to packers; steady to 10c lower; bulk. 140 to 210 lbs., $10.90® 11; 230 to 260 lbs., [email protected]: 120 lbs. down, $10.50: packing sows. *8.50(?79. Cattle—Receipts, 225; steers and heifers. 25(5; 40c lower; mixed grades. $10.60# 11.25; cutter cows steady. $4.50#6.75. Calves Receipts 100; vealers active, steady. *18.50 down. Sheep—Receipts. 1.000: holdovers, 400: lambs dra'-gv. scattering sales 25tf?50c lower: top. $13.25: most bid sl3 down; medium and strong weights, [email protected]; fat ewes, $6/ffS.SO. B” United Press CTLEVELAND, Jan. 29.—Hogs—Receipts, t POO: holdover. HO: mostly steady: pigs, 2.'c lover; bulk 150-250 lbs.. $10.75; top. j $•0.85; heavy butchers. $104710.25; pigs, $10.23; rough sows. $8.25; stags. $6.50. Cattle—Receipts. 375: slow, demand narrow. not over steady: some cows easier: few common steers. $10.40# 10.60; low cutter to medium cows. ssfrzß: calves, 400; steady to strong, snots 50c higher: better grades, $17.50# 18: few r $18.50: medium and common. $13.E0#16: few culls under sll. Sheep—Receipts. 1,500: lambs, steady to lover; b U nc better grades not over sl3# 13.25: only a package. $'3.50: medium throwouts, SIO.SOfiTI.SO: sheep,, strong. J 7” United Pi t ss PITTSBtTRGH. Jan. 29.—Hogs—Receipts. 2.250. market, steadv to 5c lower; ISO--240 lbs. mostlv [email protected]; 260-200 lbs.. $10.75# 10.90: 100-120 lbs.. *10.50# 10.75; sows, sß® 8.75. Cattle—Receipts. 25; market, nominal. Calves—Receipts. 100: market, fully steadv: top vealers. $18.50. Sheep Receipts. 500: market, steadv to weak; bulk lambs. *ll<f/;13.50; choice aged wethers. $8.50; fat ewes. [email protected]. Bu Uni'rd Press TOLEDO. Jan. 29.—Hogs—Receipts. 500: market, steady; heavies. $9.90(ff10: mediums. $10.30#10.60; Yorkers. $10.25 #10.50: nigs. $10.23#’0.50. Ca'tle—Receipts. 100; market, slow. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts, light; market, steady. Pu Times Fnerial LOUISVILLE. Jan. 29.—Hogs—Receipts. 500: market 10c higher: 250 lbs. uo. $10: 165-250 lbs.. $10.60; 130-165 lbs.. $10: 130 lb;, down.. $8 85; roughs. $8: stags. $7.40. Cattle—Receipts, 100: market, steady; prime heavy steers. $11.50@13: heavy shipping steers. $10@!1.50; medium and plain steers, $8.50# 10; fat heifers. sß# 12.50; good to choice cows. s7#9: medium to good coax $5.50# 7; cutters. ss# 5.50: canners. 53.50#4.50; bulls. *6#9.50; feeders. $8 10 50; itcekers. $7.50# 10.50. Cc.lvts — Receipts, 300: market, steeay; tops. $14.50; good to choice. $11.50# 13.50; medium to good. $8 sCt</10.50: outs, $8.50 down. Sheep —Receipts. 50: market, steadv: ewes and wethers $12.50n13; buck lambs, $11.50# 12; seconds. s6@9: sheep. ss<®6. Tuesday’s shipments: Cattle, 21; calves, 101; hogs. 152; sheep, none. Bu United Pregs FT. WAYNE, Ind.. Jan. 29—Cattle—Receipts. 75; calves. 50; hogs. 400: sheep. 50; hog market. 10c up; 120 lbs. down. $9.65; 120-140 lbs.. 69.90; 140-160 lbs.. $10.30; 160200 lbs.. $10.50; 200-225 lbs.. $10.35; 225250 lbs., $lO 25; 250# 300 lbs.. $10.10; 300350 lbs.. *9 80: roughs. $7.75; stags, $6: calves, $16.50: lambs, $12.50. Leave With Robber Suspect Bu United Press MIAMI. Fla., Jan. 29.—Buffalo authorities left here today with Stanley PrzybyL wanted in Buffalo in connection with a $250,000 jewel robbery.
WHEAT MARKET OPENS OFF ON CABLEREPORTS No Improvement Noted in Foreign Demand; Corn Weak. Bu United Press CHICAGO. Jan. 29.—Wheat opened fractionally lower on the Board of Trade today, due to weakness at Liverpool. Foreign demand has not improved any and trading is quiet. Com declined with wheat, but showed a stubborn resistance due to moderately light receipts, (pats were lower. At the opening w T heat was % to Vz cent lower, corn was unchanged to % cent down, and oats was 14 cent higher to 14 cent lower. Provisions were steady. Liverpool was % to ’,-2 cent lower late in the day, after opening firm. Ruenos Aires followed Liverpool in the fractional losses during the earlyperiod, and at mid-day was 1% cents lower. Traders are under the impression that wheat is well sold out here and there is no disposition to press the market. There I was no change in fundamental con- i dition as export demand has not ! picked up any so far. Corn is showing resistance to the weakness in wheat, due to decrease in the volume of country movement. Only lower grades are being offered as farmers are holding the better for improved prices. Weather continues favorable, though considerable colder over the corn belt. Oats declined in sympathy with the major grains, with most of the liquidation coming from tired holders. Chicago Grain Table —Jan. 29 WHEAT— Prev. High. Low. 12:00 close. March 1.20 1.18% 1.19V* 1.20% May 1.24% 1.23 Vi 1.23% 1.25V* July 1.26% 1.25 1.25>/2 1.26% CORN— March 87 V* .86% .86% .87 Vi May 90% .90 .90% .90% July 92% .92% .92': .92% OATS— March 45 .44% .44% .44% May 46 .457/* .46 .46 July .44% .44% .44% .44% RYE— March 91 .89% .89% .91% May 89 .87’, .87% .89 % July 88’4 .87% .87% .89 LARD— March 10.30 10.50 10.50 10.55 May 10.72 10.70 10.70 10.72 July 10.92 10.90 10.90 10.92 Bu Times Special CHICAGO, Jan. 29.—Carlota: Wheat. 20; eorn, 220; oats, 20; rye. 8; barley. 9. ROBBER AT DE PAUW GETS ONLY sls LOOT Plot Believed Aimed at Tuition Funds Payable Monday. Bu United Press GREENCASTLE, Ind., Jan. 29. ! Robbery of the Phi Gamma Delta j fraternity house at De Pauw university early this morning placed students and faculty on the alert to prevent what they believe may be a plan to obtain large sums of tuition money from students. The robber who entered the house was interrupted when a student arose at 4 a. m. to “cram” for an examination. Only about sls was obtained out of more than SI,OOO in the various rooms. Considerable sums of money were in all fraternity houses this weak, to be paid in tuition Monday, authorities said, and they believe the robber or robbers knew this.
Produce Markets
Eggs (country rum—Loss off delivered In Indianapolis. 32c: henery quality. No. 1 38c; No. 2. 30c; No. 3.20 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. 8% lb*, 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 quality, quoteci bv Kmgan ft Cos „ . „ „ Butter (wholesale)—No. 1. 40©41c; No. 2, 38#59c. Butterfat —37c. Cheese / wholesale selling price per pound)—American loaf. 35c: pimento .'oaf. 37c: Wisconsin firsts. 27c: Longhorns. 27c: New York limberger. 30c. Bu United Press . _ . CINCINNATI, Jan. 29.—Butter—Steady: creamery in tub lots, according to score 36#37c; common score discounted 2®.3c; packing stock No. 1,22 c; No. 2. 18c; No. 3.13 c; butter fat 35® 37c. Eggs—Lower. Cases Includes, fresh gathered, 35'4c; firsts 34%c; seconds. 33%e; nearby ungraded. 35c. Live poultry—Thin a:td coarse stock sells only at heavy discount. Fowls, 5 lbs. and over, 26c: 4 lbs. *nd over. 27c; 3 lbs. and over. 25c; Leghorns. 3 lbs. and over. 23c; roosters, 17c; stags. 20c; capons. 8 ibs. and over, 32c; under 8 lbs., 28c; slips. 21c; frvers, colored, over 3 lbs.. 30c; 2 lbs. and over, 30c; broilers, 1% lbs. and over. 32c; Leghorn broilers. 1% lbs. and over, 25c; roasting chickens. 4 lbs. and over 29c; Leghorn's and Orpington fryers. 2 lbs. and over, 25c; black springers. 20c. B CLEVELAND?* Jan. 29.—Butter—Extras 40%c; extra firsts, 39%<®40c; seconds, 31 # 32c Eggr—Extras, 37%c; firsts, 36%''/ 37c Poultry—Fowls, 29#30c; medium, 28c. Leghorns, 24c; heavy springers, 20c; ducks. 20# 25c: old cocks, 18c; geese, 18® 20c. Potatoes —Ohio and New York. $4.50 150Id. sack: Maine Green Mountain. *4.75 150-lb. sack; Idaho Russet, $4—[email protected] 100-lb. sack. and unsettled; receipts. 7.849 cases; extra firsts. 35c; firsts. 33%(i/3'*c: ordinaries. 31 r r /32e - ' seconds. 30c. Butter —Market firm: receipts. 7.398; firsts, 35%©365c; first-*. 35%'u 36c; seconds. 31 o/32c; standard, 36%c' Poultry—Market firm: receipts, no cars- 1 due: fowls. 27c; springers, 2.c: Leghorns. 23c: ducks. 19c; geese, 18c: turkeys, 25c; roosters, 18c; broilers, 30 u 32c. Chee-e -Twins. 19%#19%c; , young Americas. 21c, Potatoes—On track, arrivals. 99; shipments, 8 % market steady on Northern pota; ’• s, slightly weaker on Idaho; trading L'V. W.sconsln sacked Round Whites, $2,554*2.65. Minnesota sacked Round Whites. $2.40/22.50; Idaho sacked Russets. $2.90®3.25. Bu United Press _ T NEW YORK. Jan. 28.—Flour—Dull and unchanged: spring *6.15®6 65. p rtr k Dull* mess. $28.50. Lard —Easier. middle west spot. $10.85j0£0.#5. Tallow— Dull: special to extra 7%@7%c. Potatoes —Quiet and easier; Long Island. *l-'52 6 50 barrel: Maine. *4.2525.50 barrel; Bermuda *7213. Sweet potatoes—Bteady: southern baskets. [email protected]: 60c® *2.50. Dressed poultry—B/eadr. turkevs 26243 c: chickens, 18@40c; canons. 282 47c! fowls. 18235 c: ducks. 15 2 24c; ducks Long Island. 23 2 26c. Live puoltry -Firm geese 132286; ducks. 14® 26c: fowls 31 2 33c; turkeys. 202 40c: roosters. 19# 20c: chickens. 25# Me: caomis 2 80 hmiier* 27®35c Cheese —Steady: state whole milk® fancv to sbeclal. 24#26c: young Americas, 21%524%c. NEGRO MAKES ESCAPE Policemen’i Bullets Speed Fleeing Suspect on His Way. Blazing guns of two patrolmen failed to check the flight of a Negro this morning and he escaped. The Negro, arrested for questioning by Patrolmen Ned Hoagland and Miles Padgett, broke loose while one of the patrolmen sent in a call from a police patrol box for the patrol, and failed to halt when the patrolmen gave chase and fired into tbe air.
Rules Made to Break , Bridge Contest Proves
THE old saying that “To be a bridge expert you must know the conventions and when break them” was proved true again in the eleventh of Milton C. Work's Radio Bridge Games, broadcast Tuesday from staiton WFBM, with Mrs. Ella G. Pimm of Montreal, Mrs. William C. Ryan of San Antonio. Shepard G. Barclay of New York and E. J. Tobin of Chicago as players. The cards were: Mrs. Pimm, dealer, South: Spades, A, 5,4, 3: Hearts, 4,2; Diamonds, A, K, 6,4: Clubs, A, K, 5. Barclay, West: Spades, K, J, 9,7, 6; Hearts, Q, 8,7: Diamonds, 9; Clubs, Q 9,8, 4. Tobin, North: Spades, 8; Hearts, A, K, 10, 9,3; Diamonds, 7,5, 2; Clubs, 7, 6 3, 2. Mrs. Ryan East: Spades, Q, 10, 2; Hearts, J, 6. 5; Diamonds, Q, J, 10, 8,3: Clubs, J, 10. Mrs. Pimm, South, opened the Auction with one No Trump, preferring it to her alternative bid of one Diamond because with five sure tricks in her hand, and only four cards in the Diamond suit, the one Diamond bid would not have portrayed the strength of her hand adequately. Barclay, West, passed. Tobin, North, said two hearts ... a bid that was neither a rescue nor a warning, but merely an indication to his partner that he held a fivecard suit and strength for the No Trump. In a case like this, the strength may be either in the suit named, as in this instance, or on the side, or in both places; and such a bid urges a rebid of the No Trump if the No Trumper lacks support for the major suit. The fact that North’s hand contained a singleton was also an additional argument in favor of the suit-bid. After North’s two-Heart call, Mrs. Ryan, East, passed. Mrs. Pimm, South, delighted with her partner’s Heart bid. which took care of her only No Trump weakness, went to tw’o No Trumps, whicn held the bid. To the first trick Mr. Barclay, West, led the 7 of Spades, the fourth best of his longest and strongest suit. Mr. Tobin spread his hand for Dummy, and Declarer, Mrs. Pimm, played from it the singleton 8 of Spades. Mrs. Ryan, East, knew from the fourth best lead (using the Rule of Eleven) that there were four spades higher than the 7 which were not held by her partner. She saw three of the four—the 8 of Spades in Dummy, and the Queen and 10 in her ow’n hand —so she knew Declarer had the other. Although it was probable that Declarer’s one card higher than the 7 was either the Ace or King, there w r as a chance that it was the Jack; so, to prevent any possibility of the trick being won with a Jack, Mrs. Ryan played her Queen. * * * MRS. PIMM, the Declarer, could j not tell whether the adverse eight Spades were evenly or unevenly divided between the two adverse hands; but she decided to hold up her only stopper in the suit in an endeavor to exhaust East, if that hand had less than four. So to the first trick Mrs. Pimm played the Trey of Spades. To trick two, Mrs. Ryan, East, returned the Spades, leading the 10, the higher of her two remaining cards of the suit. Mrs. Pimm played the 4; Barclay, West, the Jack, and Dummy discarded the Deuce of Diamonds. Barclay played his Jack because he was not certain that his partner had another Spade, although he thought it unlikely that Declarer had held five originally, as with five Spades in her hand and no Heart strength, she hardly would have bid an initial No Trump. But to make sure that Spades would be continued, Barclay thought it best to overtake his partner’s 10. To the next trick Barclay led his 6 of Spades, to show his partner that his fourth-best was not his lowest, and that he had at least five originally. Dummy, North, discarded the 5 of Diamonds: Mrs. Ryan, East, played the Deuce of Spades, and Mrs. Pimm, South, won with the Ace. Now in the lead, Declarer could count seven sure tricks. The Heart suit seemed to off er the best chance of giving her the two more tricks she needed for game. So to trick four, Mrs. Pimm led the 4 of Hearts, intending to play the 9 from Dummy if West played a small Heart. This lead caused Barclay, West, to consider carefully; should he make the natural play of one of his small Hearts, he was sure Dummy would finesse, and his partner, doubtless holding the Jack, since Declarer did not lead it, would win the trick. But Barclay’s own Queen would then fall on one of Dummy’s high Hearts and Declarer would make four Heart tricks, which probably would give her game. So Barclay departed from the convention “second hand low” and made the unHlffAlmestments ('FLETCHER. AMERICAN * COMPANY® Indiana’s lar{*it n-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
usual second hand play of his Queen of Hearts. m m n IN making this play he also took into consideration the probability, as shown by the bidding, that Declarer had only two Hearts. If she had had only a worthless singleton, she would not have bid the initial No Trump; if she had had three Hearts, she would have passed her partner's Heart bid. Declarer could not afford to let Barclay's Queen win, because he would then cash his two established Spades and save game; therefore she played Dummy’s King of Hearts, East played the 5. It looked to Declarer as if Barclay had held the Queen-Jack and another Heart, and lmd played the Queen to prevent the finesse which would have established Dummy’s Hearts, and also as a false card to induce Declarer to refuse a finesse on the second round of the suit. So Declarer planned to return to her own hand to lead Hearts again through Barclay's hand. She led Dummy’s Deuce of Clubs. East played the 10, Declarer. South, the Ace (a false card) and West the 4. Declarer then led the Deuce of Hearts, West played the 7, Dummy the 9 and East the Jack. This finesse cost Mrs. Pimm a Heart trick because she was unable to put Dummy in again; but it was a play fully justified by the development of the hand. Any other would hate been against the probabilities. a a a TO trick seven, East led the Queen of Diamonds; Declarer played the 6; West the 9; Dummy the 7. East continued Diamonds with the Jack; Declarer played the Ace; West the 8 of Hearts; Dummy ihe Trey of Clubs. West’s refusal of a Diamond on this trick showed Declarer that the establishment of a long Diamond in her hand was practically hopeless. However, the effect of a squeeze play sometimes produces weird results, so Mrs. Pimm, determining to fight on to the end for an extra trick, led the 5 of Spades to trick nine, knowing the result could not prove expensive as West had only two Spades left. West played the 9 of Spades; Dummy the 6 of Clubs; East the 6 of Hearts. West then took his King of Spades, Dummy discarding the Trey of Hearts, East the Trey of Diamonds, and Declarer the 5 of Clubs. To trick eleven, West led the 8 of Clubs, Dummy played the 7, East the Jack and Declarer won with the King. Declarer won the twelfth trick with the King of Diamonds, and was left with a small Diamond which East won on the last trick with the 10. Declarer’s contract was set two tricks, giving adversaries 100 points for the penalty, while North and South scored 40 for Aces. Births Girls Edwin and Geraldine Bmlth, 128 Geode. John and Lyndall Hlnman. 533 Chase. Willis and Ola Whltner, 2021 West Ohio. William and Pearl James. St. Vincent’s hospital. Herbert and Mary Huffman. 4911 Young. Vernon and Bessie Tidd, 948 West Pearl. Lawrence and Esther Shockley. 917 Ashland. Paul and Josephine Brewer. 1273 Naomi. Albert and Grace Gilham. 1153 West Sixteenth. William and Ruth Milton, 512 Patterson. William and Cressie Codington. Boys Sterling and Gertrude Barnett, 1212 South Pershing. Henry and Myrtle Ballard, 1035 South Harding. Thomas and Marie Hollaran, St. Vincent's hospital. Wesley and Estelle Sinks, St. Vincent’s hospital. Duge and Adderine Butler, 2342 Walker. William and Florence Dowdy. 1514 East Raymond. Joseph and Elna Venable. 1507 Churchman. Found Frozen to Death MARQUETTE, Mich., Jan. 29. Missing since Saturday, Andrew Savola, 25, was found frozen to death in a woods near here by a searching party. Skiis were strapped to his feet.
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UNITED STATES STEEL MAKES PROFIT REGORD Quarterly Dividend of $1.75 Announced for Both Classes of Stock. Bu T nitrd Press NEW YORK. Jan. 29.—Earnings of the Untted States Steel Corporation. the nation’s largest steel producer, in 1929 set anew record high since war time at $258,659,889, it was announced today. Directors of the corporation after their meeting Tuesday announced regular quarterly dividends of $1.75 a share on both the common and preferred stocks. In 1928, earnings totaled $200,986,299. Net profit in 1929 amounted to $197,531,349 after taxes and all charges, against $114,173,775 in 1928. Net Profit Up The 1929 net profit includes $9,972.351 special year-end credit adjustment and equals $21.18 a common share on 8,133,840 sharer, outstanding. This compares with $12.50 a share earned on 7,116,235 common shares outstanding in 1928. Net earnings for the fourth quarter of 1929 totaled $53,385,334 aiter expenses, federal taxes and subsidiary bond interest but before depreciation and other interest charges compared with $70,173,713, in the preceding quarter and 53.186.679 in the December quarter of 1928. Balance Increase* Net profit for the December, 1929 quarter was $39,972,358 after depreciation. taxes and other charges, against $51,575,350 in the preceding quarter and $30,739,895 in the December. 1928, quarter. In the fourth quarter of 1929 the company earned $4.14 a common share, against $3.57 a share in the preceding quarter and $3.43 a share in the fourth quarter of 1928. Before crediting the year’s net profit with the special year-end adjustment, the balance was equal to $19.96 a common share on the 8,132,840 shares outstanding. Deaths John T. Zalim, 45. 39 North Bosart, pulmonary tuberculosis. Catherine N. Drew. 77. 3323 East Washington. broncho pneumonia. Tony Demos, 39. city hospital, clrrhosli of liver. .Nellie Mav Gdldsberry. 50. 521 JAtlburn, chronic myocarditis. James Matkins, 23, Methodist hospital, Katherine Wheeler, 66, 1955 Ruckle, angina pectoris. Quern V. McKinley. 59. 928 Indiana, arteriosclerosis. Ophelia Lamont. 82. 1046 West Twentyseventh, cerebral hemorrhage. Anna M. Culmann, 77. 1235 North Senate, chrome myocarditis. Evelyn i. SO'nie, 8, 1210 North Gladstone, encephalitis. Marene Long. Methodist hospital, hemorrhage of brain. Willis A. Buck. 69. 828 Dawson, chronic myocarditis. Willie Ann Clark. 51. IOOO'/a Fayette, chronic Bright's disease. Charles A. Ftewart. 70, 1418 Bradbury, lobar pneumonia. Reese Morgan, 50. 41 South West, lobar pneumonia. Mattie Barton. 65, 2015 Highland place, lobar pneumonia. James Young. 4. Riley hospital, acute appendicitis. Myrtle M. Daugherty. 28. Central Indiana hospital, general paralysis. John D. Shafer. 75, Central Indiana hospital, erysipelas. Evelyn Kiucsner. 6 mo., city hospital, accidental. Estelle M. Bishop. 58. St. Vincent’s hospital. acute appendicitis. Iva M. Baker. 36. Centra! Indiana hospital. empyema. ~ . Mavme Holden. 52. 2828 Clifton, broncho pneumonia. . . „ . Everett Kluesner. 6 mo., city hospital, accidental. . . Victory Love. 83, cltv hospital, broncho pneumonia. File Bankruptcy Petition Voluntary bankruptcy petitions were filed today In federal court by Burrell F. Turner, Anderson merchant and mechanic, listing liabilities as $2,039, and assets as $491; and by the Sigmon Heating Company, partnership of Charles and Dale Sigmon, Indianapolis, with liabilities listed as $14,668 and assets, $4,255.
