Indianapolis Times, Volume 41, Number 228, Indianapolis, Marion County, 1 February 1930 — Page 14

PAGE 14

FIRM SUPPORT FORCES STOCK ISSUES HIGHER New York and Harlem Is Feature in Wild Jump to 265.

Average Stock Prices

Average of thirty industrials for Thursday v.s 263.78, ud I 10 A '■rage of twenty raris ■!' 148 43. off .28 Average of twenty utilities ias 89.93. off .08. Average of forty bonds was 93.76. ud .02. Bu I ni> i it Fr. m NEW YORK. Jan. 31.—The steadily advancing stock market continued today so that at the close of the busiest day of the year the industrial average was the highest it has been since Oct. 31, 1929. Millioas of dollars were added to market values as the general list ranged from 1 to 5 points higher. A sensation in the high priced shares was New York & Harlem, which soared to 265 late in the day, a net advance of 47 points over the previous close. In the past year the stock has ranged between 155 and 379. Os more importance. however, was the consistent strength in United Ftates Steel which was the market leader. Steel made anew high for the year above 184, compared with the previous close of 182. All the high grade industrials were op 1 to 3 points, while Utilities gained 2 to 5 points. Westinghouse in a last minute Bpurt shot above 163 where it was up 5% points. National Biscuit old stock advanced more than 8 points and the new 4 points. Radio Corporation made a gain of more than 3 points. Shorts in various utilities were set back when gains ranging to 5 points were scored by such issues as North American, Consolidated Gas, American & Foreign Power, United Corporation. Standard Gas, American Power fc Light and International Telephone. American Can was among the Issues showing strength throughout the day. Mail order shares, coppers, oils and motors also were higher. Most active issues on the board were Montgomery Ward, United Corporation, Commonwealth and Southern, General Electric, United States Steel and American and Foreign Power, all of which had transactions running above 100,000 shares. Strength generally was sustained to the close, despite sporadic profittaking. The continued gains over the past few days attracted small traders throughout the country and large numbers of odd-lot sales reflected coming back of the general public. Call money advanced 4% per cent after renewing at 4 per cent, but this was not considered aything but a temporary firmness during the period of month-end settlements. The increase of only $4,000,000 in brokerage loans announced after the close Thursday was considered favrable for the market, since the street had been expecting a much larger gain. Then. too. the weekly bank statement of the federal reserve was favorable and indications were that the New York rediscount would be reduced in a short time. Confidence of the outside public that portion of the traders who do not make a profession of buying and selling—was reflected in sizes of many of the sales. The individual items were not great, but the sales as a whole totaled 3.739,429 shaies as compared with yesterday's 3,645.910 shares, the biggest day to date this year.

Banks and Exchange

Indianapollh bank clearing.' Friday, Jan. SI. were $2,888,000. Cleartnugs for the month were $105,298,000. Debits for Frldav were $6,397,000; for the month. $206,493,000. TREASURY STATEMENT Bv Vniti il I’rt .... WASHINGTON. Jan. 31.—Treasurv net balance on Jan. 29 was $99,458,146.26; customs receipts for the month to that date. $37,565,925.53; expenditures on that date. $5,366,520.25. NEW YORK STATEMENT Bv United Press NEW YORK. Jan. 31.—Bank clearings. $1,409,000,000: clearing house balance. $172,000,000: federal reserve bank credit balance. $134,000,000. CHICAGO STATEMENT Bv t'nitrd Press CHICAGO. Jan. 31.—Bank clearings. IB1.300.000; balances $12,500,000.

In the Stock Market

ißv Thomson & McKinnon! NEW YORK. Jan. 31. More gratifying than any other factor, for the moment, is the markets ability to withstand recurring waves of selling and to move swifilv ahead with vigor and strength following obsorption of such pressure as it did today. In forecasting coining events, the market action is a recogned barometer, in it is reflected the consensus of opinion of the business world, it functions in this matter automatically and its present action speaks volumes for the future business outlook. And In this instance this theory finds confirmation in such developments as the over subscription of International Telephone bonds, the easiness of money rates despite month end requirements, and the further strengthened reserve bank position. ail of winch testify to the better credit conditions b' which business expansion will be fortified. Sears. Roebuck report of sales in the first month of its new thirteen-month year revealed an increase of 9.4 per cent oxer the corresponding period of 1929. which should convince even the most skeptical that the purchasing power of the countr" is being maintained in an impressive manner. Continued weakness in wheat markets, which under some circumstances might be a disturbing influence, was ignored corrpletelv Other than for technical corrections whtch are required from time to time, we car. discover nothing which might cause investors to hesitate in continuing to make conservative commitments, with assurance of eventual profit If moderate patience is exercised.

Local Wagon Wheat

Citv grain elevator? are paving $1 08 for No. 3 red wheat and $1.05 for No. 2 hard wheat.

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

New York Stocks (By Thomson A McKinnoni ———————

—Jan. 31— Railroad*— 5f ev ' Hi%L- Low. Close. Close Atchison ... ...234 231 232% Atl Coast Line . 170 169 170 ... Balt A Ohio ...117% 115*4 117 69% Canadian Pac .. 199% 19i% 199-4 JJJ Chesa A 0hi0...214 3 214 214*. 214% Chess Corp ... 67% 67% 67 a 6‘ Chi A N West.. ... ... •• 85*4 Chi Ort West .. 15% 14% 14% 15% C R I A P 118% 118% 118% 118 e Del A Hudson. .171% 171% 171% 1714 Del A Lacka .139 l iß. 1 J2 1/ Erie .. 57% 57% 57% 57% Erie Ist pfd ... 62% 617* 82% 61% Grt Nor 97% 97 9i 111 central 129 128*. 128% 130% Lehigh Valley 73 Kan City South ... ••• Lou A Nash 137% 137% 13.% 138 Mo Pac ... 89 89 89 87% MK AT ...... 54-. 53% 53% 53% i79% 181% ‘ N Y C A St L.. 137 3 4 13717 137 3 4 135 N’Y \ H H ... 112 1 2 112 112 111*2 Nor ‘Pacific . . 85U JjjS Norfolk Ac West 241 1 -j 240 241 238 -a OA W 14% 14% 14% 14 Reading' B ".**. ...133% ill 1M *.3 ," ISuthemßy '.'.-134% 13.4% 134% 134% IrPau'l" PaC . .7. 24% 'll *24% 24% St Paul pfd 42% 42% .l? 3,4 It i. a s f::::.*09% 109% 109% io% Union ParffiV::.223% 222 222 > 222^ West Maryland. 26% 25% 26 2 Wabash /4 hbrr r. 3% 2% r % ooodricn 46% % % % Goodyear 75% 74 4 7a Kelly-Spgfld 5 % 5 J “ % T.o 8% 8 8 8 United States .. 26% 26 26 26.2 Equipment* — "QiA m Car Ac Fd j• • * • ■ ■ ■ .* ** iaa i Am Locomotive 100% 100 100 2 100 Am steel Fd ... 50 * 48 49% 4R 2 Am Air Brake Sh 48% 48 48 2 48 Man Elec Sup .. 31% 30% 31 x 30 s Gen Elec inewl. 73% <1 a 72 2 U Gen Ry Signal. 94% 92 93 91 Gen Am Tank .105', 104 104 a 10a Pressed Stl Car 13% 12 13 . * Pullman ■ ■ 85% 84 84 84 1. Westlngh Air B. 46 a 46 4 ,cfi Westingh Elec.. 163% 158., 163 2 15G2 Am*Rot Mills ... 91% 89% 91% 89% Bethlehem ... 102 BSSfr Pu .*A.v fe. &. ft a Bt ®i ji v 80 Otis 35% ?4% 35% 33 a Rep Iron A Stl.. 7j% ‘ 3 < *4 2 4 Ludlum 83% 42% 42% 42 a U e s to s n teii"":::iß4% lii * m% 182 Alloy &tee . .. .33 32% 32% 32% Warren Fdv ... 26% 26 2 26 2 *8 Youngstwn Stl.. .. ••• i R! , inif, Vanadium Corp. 67% 65 66 a 61,2 A Mag. 43% Brock wav Mot". I 14% 14% 14% 14% Chrysler Corn .. 37% 36- a 37 2 3‘ Eaton Axle .. .. 3a a 35 3 ®, 4 Graham Paige. 9% 9% • j,Borz Warner ... 41*4 38 2 4U 2 ■’j* j Gabriel Snubbrs .. ■■■ - " ; ; 4 General Motors. 43 42 ( 2 42 a 41 a Elec Stor Bat .. 75% 73% 75% Hudson 58% •■>§ a 58 a 58 a ti,% e ; BOd .. C .° rP 23% 22% 2! 2 % Auburn 229 226% “25 * Mack Trucks ... 78% -7% '8 7. SfcPT % Motor e Wheel ..' 29% I ' ?9% Nash 53 3 d 53 53 3 Packard 1% J 6% 16% 6% Peerless 12 s 8 11 \2 ,* Stufiebaker Cor. 4o 43*8 45 44 Stew Warner .. 42* 2 41% 42 41 b Timken Bear ... 76 75 b i5 r Willvs-Overland 9 -S', 4 Yellow Coach.. 18% 17 2 18 < % 4 White Motor ... 33 v r 33% 33% 2 Am Smelt A Rfg <4-a 73 <4 73 Am Metals 45% 45% 45% 46;, Am Zinc 16% 15% lols^B Anaconda Cop ... 75 n 74 < 75 z 8 Calumel A Ariz 62% 6162 % 8a Calumet A Hec. 30% 30 30 v 30 Cerro de Pasco. 62Vz 61 62/2 62 Dome Mines 7% 7 b t n ... Andes 33 3 d 33.2 33 * ... Granby Corp 574*4 5< 5< 4 57 Gt Nor Ore ... 23% 23% 23% 23 2 Inspiration Cop. 29 7 b 28 v £ % Howe Sound ... 39 3 4 38% 39 4 38-_* Int Nickel 38% 37% 3 Kennecott Cop.. 60% 5859/4. 8 Miami Copper. 31 30 30-. 31 4 Nev Cons 30% 29% 30 a 29% Texas Gul Sul.. 61% 61% 61 4 61 a St Joe 55% 54 4% 53 U S Smelt 33% 33'/a 33% 33*2 Atlantic Rfg . 39% 37% 38% 3.% Barnsdall (At .. 23% 22% 23% 22% Freeport-Texas.. 43 42 4. 4. ,4 Houston Oil. ... 59% 57 57% 56% Indpls OH A Gas. 22% 21% 22: 21/4 Conti Oil 23% 22% 23% 22% Mid Cont Petrol. 26% 26 26 z Laeo Oil AT ... ... 22% Pan-Am Pet 8.. 54’,% 52 a3 u 2 Fhillips Petrolt.. 34 3 g 33 1 2 34 34 Prairie Oil 51 50% 50’a 50% Union of Cal . 44% 44 44% 44% Prairie Pipe 59% 59% 59% 9% Pure Oil 23% 23 23% 23 , Royal D’ltch 53% 52’ t M** 52% Richfield 26V4 25', 26% 25 a Shell 23 22% 22; 22% Simms Petrol . 28*4 26 27*2 Sinclair Oil .... 25% 24'y 25'a -4 a Skellv Oil 31% 30% 31% 31 Std Oil Cal 61% 60 60 3 -. 09% Std OH N J 65% 63% 65% 63% Std Oil N Y.... 33% 32% 33% 32% Tidewater 12% ll%z 12 12 Texas Comp .... 55 54% 54% 54% Texas C A 0... 10 9% 9% 9% Transcontl 9% 9% 9% 9% White Eagle 28 27% 27% 27% Industrials— Adv Rumely .... 20% 19% 19% 20_ Allis Chalmers 58% 57% 57% 57% Allied Chemical. .280 275 280 275 A M Byers 86% 84% 85% 85% Armour A 5% 5% 5% 5% Amer Can 130 127% 130 128% Alleghaney Corp. 26% 26 26 26 Am Safety Raz.. 62% 61% 62% ... A mice 37Va 37 37% 37% Am Wool ... ■ ■ 10'; Assd Dry Goods 34% 33% 34% 33% Bon Alum 51% 50% 50% 51% Coco Cola 145 144% 145 14478 Conti Can 55% 55% 55% 56 Certainteed .... 13% 13% 13% 13% Crosley 17% 17 17 16% Congoleum .... 17% 16% 16% 16% Curtiss W 7“ 6% 7 6% Davidson Chem. 33% 33 33% 23% Dupont 125 121% 125 120% Famous Players. 62% 61% 61% 62% Gen Asphalt ... 53% 51% 52% 52% Fox A 31 30% 30% 30% Gold Dust 45% 44% 45% 44 Ctlidden 33% 33 33 33 Int Harvester .. 907, 89% 89% 90 Kelvinaor 10% 10 10% 87/aB 7/ a Lambert 103% 100% 102% 101% Link Bel* 41 41 41 40% Loews 59 57% 58% 58 May Stores 61% 59 59% 58% Ko’.ster 3% 3% 3% 2% Montgom Ward. 48% 46% 48% 48 Natl C B 80 79 79% 79% Radio Keith 29% 28 28% 28% Owens Bottle ... 55% 54% 55 55% Radio Corp 38% 33% 38% 37% Rea! Silk 50 %• 50 % 50% 50% Rem Rand 34 33 34 34 Sears. Roebuck.. 100 s , 98% 99% 99 Union Carbide .. 90% 89 90% 89 Warner 8r05... 53% 52% 53% 53 Un Air Craft .. 45% 44% 45 45% Univ Pipe 4% 4% 4% 4% U S Cs Ir P 27% 26% 26% 26% U S Ind Alco ..116 115% 115% 115% Worth Pu 82% 78%- 82% 77 Wool Cos 69% 66% 69 67 Utilities— Am T A T 224', 222 223% 223 Am Pr A Lt.. 88 % 86% 88 % 86% Eng Pub Ser .. 48% 46 48% 46 Am For Pow ... 96% 92 96 91% Am Wat Wks .. 95 93% 94% 92 Gen Pub Serv .. 38% 36'* 38% 37% Col G A E 84% 81 87% 81 Con Gas 101 197 111 107% Elec P A Lt 60% 58% 60% 58% Int T A T 66% 65% 66% 63% Nor Am Cos 103% 98% 102% 98% Pac Light 83% 82 83 82% Pub Serv N J .. 90% 87% 90% 88 S Cal Edison .. 59% 58% 59% 58% Std Cr A El ...110% ' 13'4 115% 111 United Corp ... 37 35% 36% 33% Util Power 34% 33% 34% 33% United G A I .. 38 37 37% 36% West U Tel 204% 202% 204% 204% Shipoing— Am Int Corp .. 41% 40% 40% 40 Am Ship AC 1 % Atl G A W I .. 79 78 78 79% Int! M M pfd .. 28% 26% 27% 26% ! United Fruit ...103 102% 102% 102% Foods— Am S Rfg .... 65 65 65 64% Cudahv 45% 45 % 45 '1 45% i Cal Pk -ig 69%. 68% 69% 69% ! C?h Dry 71% 69% 71 70% Corn Prod 94% 93% 94% 92% : Cont Bak A 43% 43% 43% 43% Borden 66% 64% 66% 64% j Cubaii An Sue 8% I Grand Union 1 Grand Union Dfd 39% 39% 39% 39 % Jewel Tea 53% 49", 53% 49% Kralt Cheese .. 43 42% 43 42% Kroger 45% 45% 45% 45% ! Loose-Wiles .... 64 64% 64 61 ' Natl Biscuit 211% 204% 211% 204% : Natl Dairv .... 46% 46% 46% 46% ' Purity Bak .... 87% 86 87% 86

Stand Brands .. 26 ■% 26% 26% 36% Ward Bak B .. 5% 5% 5% 6 Tobaccos—a£ fob B 7.7.225% 220% 224% 320% Cigar ... , 51 56 M Ug A mV ...109% 103 103% 103% Lorillard 24% 24 J 4 24 R J Reynolds .. 53% 53 53% 53 j Tob Prod B .. 4% 4% 4% 5

On Commission Row

FRUITS Apples—Delicious, box extra fancy. *3.75: choice *24*2.25. Jonathans, *2.75: Grimes Golden. $2.50; New York Duchess. *2.25@ 2 50; Gravensteln. S3; Wolf River *2.50: Stavmen box. *34*3.25. Cranberries —*4 a 25-lb. box: *8.85 a 50-lb. box. , Grapefruit—Florida. *4.5095. Grapes—California. seedless. *3.50 a crate: Emperor. $2.504i2.75 a crate. Lemons—California, a crate. *9. Limes—Jamacla. *2.5093. Oranges—California Valencia. *4.5098.50. Strawberries —eOc a quart. Tangerines—*s.so a crate. VEGETABLES Beans—Florida. *4 75@5 a hampar. Beets—Texas. *3.50 a crate. Carrots —California, crate. *3.50. Cabbages—*3.so a barrel. Celery—Michigan. 90c; Idaho. *1.25 a dozen bunches. Cauliflower—Colorado, crate, *2.50. Cucumbers —Florida, *6 a crate. Eggplane—s2.so a dozen. *6 a hamper. Kale—Spring, a bushel. 90c. Lettuce—California iceberg, $6.50 a crate home-groxn leaf a bushel. *1.65. Mustard—A bushel. *l. Onions—lndiana yellow. *2.25 a 100-lb bag: white. 50-lb. bag, *1.75. Parsley—Southern, dor bunches. *l. Peas —California *6.50 a hamper Peppers—Florida. $7 a crate. Potatoes—Wisconsin and Minnesota white. $4.2594.50 a 160-ib. bag: Red River Ohios, 120 lbs.. *3.90: Idaho Russets. *4. Radishes—Button, hothouse, dozen 90c southern, long red 15@25c dozen.

New York Curb Market fßy Thomson A McKinnon) —Jan. 30— Allied Power 43% Arkansas Gas 9% Assd Gas “A” 45% Am Super Power 28'/ 4 Anglo Amn 17'/4 Blue Ridge Corpn 8% Cities Svc 29% C A O (New 54% Cons Gas Balto 105 Cont Oil ... 14 Cord Corpn 13 Deforest Radio 3% Eisler Elec 17'/b Elec Bond A Share 93% Fokker 18'/4 Ford Canada 30% Ford England 10% Fox Theatre 7% Gen Elec England ll'/4 Goldman Sachs 37'% Gold Seal Elec 3% Gulf Oil Penna 143 Humble Oil 85 Hudson Bav 12 'A Ills Pipe 308% Imp Oil Canada 26 Insull Utilities 63% Int Pete 20'% Int Super Power 35% Lehman A Cos 82% Mid West U New 28% Mountain Prods 8% Niagara A Hudson 14 Niles B A P 36% Otis Elev New 74% Newmont Mining 118% Ohio Oil 70% Penroad Corpn 13% Pete Corpn 22 Prudential Inv 16% Rainbow L Pro 9% Rt Regis New 22 V 4 Salt Creek 10'/, Selected Ind 10% Stand Oil Indiana 53 1 /, Stand Oil Ky 34% Stutz Motors 2% Thermoid Cos 21 Trans Cont Air Trans 6% Ulen A Cos 20% United Gas 20V4 United Light A Power "A” 33% United Verde 11% Utility Eq 15% Vacuum Oil 96% Walgreen A Cos 59%

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Jan. 31.—Rarely have we seen cotton more freely bought by • the trade than the first hour this morning. They were buying what they considered the last of the big liquidation and at the same time, prudently leaving to the venturesome the risk of selling on the eve of the active participation of the trading corporation in cotton affairs. In the news we find most interest is the determination on the part of holders of Indian cotton to continue their policy of underselling us. With the Egyptian crop it .s different. Raising what might be called quality cotton they show little disposiion to sacrifice it. We are in a market presenting big trading possibilities, which, considering the widest kind of publicity now being given the staple, is likely to continue through the soring and summer. We look for no further decline until we get a line through what, the corporation will do. We must then decide how constructive we consider their action. NEW ORLEANS —Jan. 31— High Low Close May 16.42 16.05 16.31 July 16.64 16.30 16.50 October 16.83 16.50 16.71 NEW YORK • High. Low. Close. March 16.32 16.04 16.22 May 16,57 16.27 16.46 July 16.80 16.52 16.70 October 16.97 16.70 16.90 December 17.13 16.88 17.02 CHICAGO . High Low Close March 16.20 15.90 16.14 May 16.50 16.22 16.40 July 16.71 16.46 16.60 October 16.82 16.57 16.80

Marriage Licenses Cecil M. Jamison. 24. of 1221 North Alabama. attendant, and Louise Coffman, 21, of 1221 North Alabama, clerk. Charles M. Boehler, 48, of Cleveland, salesman, and Amelia W. Worley 33, of 1032 North Butler. Kyle G. Herder. 25. of 36 West St. Joe. salesman, and Beulah F. Hatton. 22, of 63 South Tremont. secretary. Elliott W. Bear. 29. of Picher, Okla., salesman, and Madaline W. Hendricks. 20. of 2706 Bellefontaine, clerk. Silas E. Elkins. 27, of- Greenwood, farmer, and Only O. Wright. 23, of Acton. Births Girls Claude and Ruth Jacobs. 918 East lowa. ' Russell and Kathrvn Burrows. 919 Massachusetts. Lawrence and Eleene Shaffer, 135 South Spencer. Harold and Vivian Banks, 2818 North Gale. Bovs James and Mildred Fentz, 2172 Avondale. Merle and Myrtle Brown, Methodist hospital. Verl and Charlotte Ziegler. 3418 East Twentv-sixth. Dana and Hazel Hart, 1806 Kessler boulevard. John and Katherine Tidd, 415 Landale. Deaths Otto Goldsmith Hill, 77. 3605 College, lobar pneumonia Alice Berry, 24, 653 North West, acute myocarditis. Mary Isabelle Muldown. 46, St. Vincent hospital, chronic myocarditis, ; Judge L. Hurt. 34. 828 Roanoke, broncho pneumonia. Thomas James Lawler. 74. 6192 Burlington. uremia. Margaret K. Frick. 89, 3302 Ruckle, hypostatic pneumonia, Harry Borden. 9. Riley hospital, acute peritonitis. Charles William Cartwell. 58, 743 North Belmont, cerebral hemorrhage. Marv Simmons. 14, Riley hospital, accidental. Phyllis Farmer. 2 months. Methodist hospital, pneumonia. Isaac T. Grimes. 4326 East Thirtieth, chronic myocarditis. Nell Mollies Britt, 2. 527 Alig, broncho pneumonia. Martha Jane Perkins. 77. Central Indiana hospital, arterio sclerosis, John S. Duckworth, 73. 2021 Park, myocarditis. Benjamin Elmore. 10 months, city hospital. broncho pneumonia. Amelia B. Miller. 61. Methodist hospital. diabetes mellitus. Walter Braun. 18. Christian hospital, acute appendicitis. Dimmte Ruth Keller. 1. 575 Lexington, otitis media. Ora Thacker. 46. city hospital, cerebra spinal meningitis. Charlie Miller. 51, 2222 South Delaware, pulmonary tuberculosis. Charles Edward Cost. 54. 3330 North Kenwood, coronary thrombosis. Julia Schleslnger. 51. Methodist hospital, coronary embolus. Margaretha Mever. 76. 1306 Hoyt, cerebral hemorrhage. William Frank Maxted. 36. Long hospital. gastro enteritis. NEW YORK COFFEE RANGE High. Low. Close. January 7.70 7.70 7.70 March 8 68 8 3 4 8 68 Mav 8.00 7.95 8.00 July 8.00 7.70 8 00 September ... 785 7.56 7.60 December 7.77 7.44 7.45 Merchandise valued at sll7 was stolen firm an Atlantic & Pacific grocery at 1601 North Alabama street by burglars Thursday night.

THE INDIANAPOLIS TIMES

PORKERS SHOW STRONG TREND AT CITYYARDS Veals Weaken, Sell at sl6 Down; Sheep Mart Holds Steady. Jan. Bulk. Top. Receipts. 24. $10.10910.35 *10.60 6.000 25. 10.70910.70 70.75 4,500 27. 10.15910.50 10.50 6,000 28. 10.25 9 10.60 10.60 7.000 ! 29. 10.40910.75 10.75 5 000 i 30. 10.25910.60 10.60 6.000 31. 10.40®10.70 10.70 7.000 Hogs showed strength today at the city stockyards, prices being mostly 15 to 25 cents higher than Thursday’s average. The bulk, 150 to 275 pounds, sold for $10.40 to ; $10.70. Receipts were 7,000, holdovers, 395. Cattle receipts were 600. Steers were nominal. Little change was noted in she stock. Vealers were 50 cents lower at sl6. Calf receipts were 650. Sheep were steady, prices ranging from sl2 to $12.50. Receipts were 500 Chicago hog receipts were 40,000, including 13,000 directs. Holdovers were 8,000. The market today was strong to 10 cents higher than Thursday’s average. Several loads of 180 to 220 pounders sold at $10.25 to $10.40. Cattle receipts were 2,500, sheep, 14,000. —Hogs— Receipts. 7.000: market, higher. Heavies, 300 lbs. up $ 9.75910.10 250-300 ibs 10.25910.40 Med. wts., 225-250 lbs 10.50 200-225 Ibs 10.60 Light wts.. 160-200 lbs 10.70 Light its.. 130-160 lbs 10.00910.50 Light wts.. 160-200 lbs 9.009 9-75 Packing sows 7.75© 8.75 -CattleReceipts. 600: market, steady. Beef steers. 1,100-1.500 lbs. good and choice $12.00915.25 Common and medium 9.25912.00 Beef steers, 1.100 lbs. down. good and choice [email protected] Common and meduim 9.50912.25 Heifers, 350 lbs. down, good and choice 12.00914.50 Common and medium 12.00 Cows 8.50 9 10.00 Common and medium 6.509) 8.50 Lower cutter and cutters .... 4.75# 6.50 Stocker and feedei steers, good and choice 8.75911.75 Common and medium 6.75 @ 8.75 —Veal,— Receipts. 650; market, lower. Medium and choice ....$12.00916.00 Cull and common [email protected] J —Sheep— Receipts. 500; market, steady. Lambs, good and choice $12.00912.75 Common and medium 9.50912.00 Ewes, medium to choice...... 4.50@ 6.50 Cull and* common 2,009 4.50

O'her Livestock By United Press CHICAGO, Jan. 31.—Hogs—Receipts, 40.000, including 13,000 direct; market, uneven. steady to 10c higher; top. $10.40; bulk, 160-230-lb. weights. $10.15® 10.35-' 240-260-lb. weights. slo® 10.20; 270-310-lb. weights. $9.75®, 10; butchers, medium to choice. 250-350 lbs., $9.50® 10.20; 200-250 lbs. $9.90®10.40; 160-200 lbs. $10&10.40; 130-160 lbs. $9.25(}10.40; packing sows. sß'<s9.ls; pigs, medium to choice, 90-130' lbs.. $8.75® 10. Cattle—Receipts. 2.500; calves. 1,000; fed steers steady . better grades higher ; largely a forced market; cows and heifers dull at new low for season; slaughter classes, steers, good and choice. 1300-1500 lbs. $12.50® 15.50: 11001300 lbs. $12.50® 16; 950-1100 lbs. $12.50® 16.25; common and medium. 850 lbs up. $8.75® 12.50; fed yearlings, good and choice, 750-950 lbs, $12.50®16.25: heifers, good and choice, 850 lbs down. $11.75(6014.50; common and medium. $7.75@12: cows, good and choice, $7.75®10; common and medium. $6.25® 7.75; low cutter and cutters, $5.25® 6.50; bulls, good and choice beef. $4 @10; cutter to medium. $7.25®9.25; vealers, milk fed good and choice, $12®16; Medium. slo® 12; cull and common. $7.50 ® 10: Stockers, feeder steers, good and choice, ail weights. $10.25® 11.25: common and medium, $2.25® 10.25. Sheep-Re-ceipts. 14,000; market around steady; early bulk fat lambs, $12.25® 12.50; early top, $12.75; fat ewes strong at $6.50@7: feeding lambs nominal: lambs, good and choice. 92 lbs down. $12®12.85: medium. $11.25®12: cull and common. *[email protected]; ewes, medium to choice, 150 lbs down, $5.25 ®7; cull and common. [email protected]: feeder lambs, good and choice. $11.50® 12.50. By United Press CINCINNATI. Jan. 31.—Hogs—Receipts. 1.500; held over, 295; unevenly 15®25c higher; bulk good and choice, 160 to 220 lbs., $10.75; less desirable and heavier weights down to $10.60; some 260 lbs., $10.25; desirable 300 lbs. around., $10; bulk 120 to 160 lbs.. $10.25; choice strong weights. $10.50. lighter pigs. $lO down; bulk sows. [email protected]; smooth finished. $8.50. Cattle—Receipts. 450; calves. 250; steers scarce, weak; heifers and yearlings steady to 25c lower; spots off more: desirable 650 to 750-pound heifers, $11.50@12; cows and bulls barely steady; beef cows, s7@ 8.50; odd head, $9; bulk low cutters and cutters. [email protected]; bulls. $7<@9.25; vealers 50c to $1 lower: In-between grades off most; top. $16.50; bulk light weight and less desirable grades. $12.50@15; culls down to $9 and under. Sheep—Receipts. 125; steady; good an dchoice handy weight lambs up to $13.25; throwouts and bucks. [email protected]; good light ewes around $5.50. By United Press CLEVELAND. Jan. 31.—Hogs—Receipts. 1,400; holdovers, none; mostly 25c higher; 150-250 lbs.. $10.85® 11; pigs quoted $10.50 down; rough sows. $8.25; stags, $6.50; steady. Cattle—Receipts, 150; butcher stock" weak to lower again, 25 to 50c under Monday; very slow at decline: few comon to medium steers, slo® 11.15; cows, around ss®B. Calves—Receipts. 250 t firm; better grade vealers. $17@18; common and medium around *[email protected]; cull, slo@ 12. Sheep—Receipts 1,900; lambs steady to strong; improved quality considered; choice lambs largely [email protected]; medium throughouts. $10.50® 11.50; good fat ewes, steady. s6@7. By Times Special LOUISVILLE, Jan. 31.—Hogs—Receipts, 1.000; market. 15c higher; 250 lbs. up. $9.90; 165 to 250 lbs., $10.50: 130 to 165 lbs. down. $8.75; roughs, $7.90; stags, $7.30. Cattle—Receipts. 200; market. steady; prime heavy steers. $11.50@13; heavy shipping steers. $10(5.11.50; medium and plain steers, $8.50® 10; fat heifers, $8(512.50: good to choice cows. s7®9; medium to good cows. $5.5047: cutters. $5®5.50: canners, $3.50(5 5: bulls. $6®9.50; feeders, sß@ 10.50; „ stockers. $7.50(510.50. Calves—Receipts. 200; market. 50c lower; tops. sl4; good to choice. $11®14: medium to good $80110; outs. $8 down. Sheep—Receipts. 50; market, steady; ewes and wethers, $12.50513: buck lambs, $11.50@12: seconds. $6(59: sheep. ss®6; Thursday's shipments; Cattle. 73; calves, none; hogs, none; sheep, none. Bv United Press PITTSBURGH, Jan. 31.—Hogs—Receipts, 1.800; market steady; heavy butchers, down: 150-230 lbs.. $11<@11.10; 240-300 lbs., $10.75® 10.90; 100-130 lbs.. $10.50® 10.75; sows. $8®8.75. Cattle—Receipts, 25; market, unchanged. Calves—Receipts. 225; market, steady to weak; medium to choice vealers. [email protected]. Sheep—Receipts, 1,500. market, steady; fat lambs, $11@13; throwouts. s9<®lo; choice aged wethers, SB. TOLEDO. Jan. 31.—Hogs—Receipts. 400: market, steady to 25c higher: heavies, $9.50®'9.75: mediums. $9.40®9.50: vorkers, $10(510.25: pigs. $9.75(510 Cattle—Receipts. light: market, slow. Calves—Receipts. light: market, steady. Sheep and lambs —Receipts, light; market, steady. EAST BUFYFALO. Jan. 31.—Hogs—Receipts. 2.500; holdovers. 600: active to all Interests steady to mostly 10c higher: bulk 140 to 220 lbs. $10.90®11: 230 to 265 lbs. $10,605 10.90: 310 lbs. $10.25: 125 lbs and down. $10.50: packing sows. $8.50(59. Cattle —Receipts. 250: steers and heifers, unsold: cows, 25c lower: cutter grades. $4.25® 6.50. Calves—Receipts. 600; vealers. active, steady; good to choice $17.50 (518. Sheep—Receipts. 3.400: holdovers. 600: lambs draggv. steady, to 15c lower; good to choice. $12.60®13: medium and strong weights, $11.25® 12.25; common, $10.50; fat ewes. s6®7.

Investment Trusts

Bid. Asked. —Jan. 31— American Founders, new 26% 2744 Basic Industry Shares B'* 9% Corporate Trust Shares 8% 9% Fixed Trust Shares A 20% ... Fixed Trust Shares B .. 17% ... Investment Trust of N. Y 11% 11'k Leaders of Industry 10% 11% N. American Trust Shares .... 9% 9% Petroleum Trading Corn A... 20 25 Rerbarn Cos 10 20 S W Btrau.ss Inv Cp Units 52 58 Trustee Std Oil Share 11 1144 V S. Elec It & Pwr Sfa A 39 43

Business — and — Finance

Bu United Free* SAN FRANCISCO. Jan. 31.—A consideration of $1,000,000 is said to have been involved in the deal by which control of the Peninsula Rapid Transit Company and the Pacific Auto Stages Company, two of California’s largest motor coach operators, was acquired by Pacific Transportation Securities Inc., the majority control of the last concern is held by the Grayhound Corporation of' Chicago and Pickwick Corporation The acquired companies operate between Siui Francisco and San Jose. Public offemg of new issue of *15.000.00;) Electric Power and Light Corporation gold debentures 5 per c*n series due 2030 is made today by Bonbnght A Cos.. Inc at 92% and accrued Interest to yield about 5.40 per cent. Electric Power and Light Corporation is one of the socalled Electric Bond and Share Company properties inasmuch as its operations are supervised by the latter corporation under the direction and control of the boards of directors of the respective organizations. The G. C. Morphy Company, operating a chain of variety S-cent to *1 stores reports net profits after taxes for the Tear ended Dec. 31. *1929. of *289,168. This represents an increase of *226.488 or 33.7 per cent over net profits of *670.680 for 1928. Earnings for 1929 show *5.47 per share for the common compared with *4.29 per share In 1928. Sales for 1929 were 29.7 per cent ahead of 1928, totaling *15,726,651, compared with $12,118,187, an Increase of 3.608,463. Stores operated at the end of 1929 totaled 153 as against 133 at the end of 1928. an increase of 15 per cent. The balance sheet showed a current position of 2.9 to 1. The Canadian National Railway Company has awarded an Issue of *18.000,000 forty-year 5 per cent guaranteed gold bonds due Feb. 1, 1970 to a group consisting of Dillon. Read A Cos., The National City Company, Guaranty Company of New York. Bankers Company of New York. Bank of Montreal. The Canadian Bank of Commerce. The Royal Bank of Canada, Dominion Securities Corporation. Wood, Gundy A Cos., Incorporated and A. E. Ames A Cos., Limited. Reynolds Spring Company announce today the entire issue of 247,610 shares of additional stock authorized to provide for the purchase of the Premier Cushion Spring Company had been subscribed. taken up, underwritten and paid for in full. The new stock was available to storknolders of record Oet. 31, 1929 at *4.50 per share on the basis of one share for each 2 held. The original expiration date was Nov. 21, 1929. Ths subscription time was extended until Jan. 24. .1930, because of market conditions at the time of the original expiration date. Associated Telephone Utilities Company has purchased the Mutual Telephone Company of Erie, Pa., according to an announcement Thursday considerable Interest in stock in the company was acquired some months ago by Associated. The property Includes more than 36.000 stations and six exchanges. When these are formally taken over Associated Telephone Utilities Company will control approximately 434,000 stations in twenty states. DETROIT, Jan. 31.—Evans Auto Loading Company plants are operating actively at about 75 per cent of capacity and new lines which are believed to hold considerable promise are being developed and will be under production later in the year, Edward S. Evans, president, announced late Thursday Within every seven-year period since 1915 the dividends, assets, surplus, capital and market value of securities of leading insurance companies have doubled and business depressions have had no effect on the rise other than to lower market value temporarily, according to a study Just completed by the United States Shares Corporation, New York. CHICAGO, Jan. 3!.—The Oakes Products Corporation, a division of HoudallleHershew Corporation, has been awarded a new contract, under which it should provide approximately 500,090 tire locks to one of the largest automobile manufacturers in the United States, It was announced by Claire L. Barnes, president of HoudaiUe-Hershey Corporation. CHICAGO. Jan. 31.—With more than *2,000,000,000 appropriated for road work In the forty-eight states of the Union this year. Foote Brothers Geor and Machine Company anticipates the greatest activity In the history of its road machinery division. according to W. C. Davis, president.

Produce Markets

Eggs (country runt—Loss off delivered In Indianapolis. 32c: henerv quality. No. 1 38c; No. 2. 30c: No. 3,20 c. Poultry (buying prices)—Hen* weighing 5 lbs. or over. 26c: under 4 lbs.. 23c; Leghorn hens. 18c: springers. S lbs. or over 23c; under 5 lbs.. 22c; spring Leghorns. Isc; stags. 15c: cocks: 15c: capons. BVi 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 top Quality, auoted by Kingan & Cos Butter (wholesale) —No. I. 40®41c: No. 2, 38®S9c. Butterfat—37c. Cheese (wholesale selling price per pound)—American loaf. 35c: pimento loaf, 37c: Wisconsin firsts. 27c: Longhorns. 270: New York llmberger. 30c. Bv United Press NEW YORK. Jan. 31.—Flour—Dull and weak: spring patents. $6(86.40. Pork— Steady. Mess—s29.so. Lard Easier Middle West—Spot, $10.60® 10.70. Tallow —Easier: special to extra, 7Vi@7%c. Potatoes—Quiet and weak; Long Island. $2.15® 6.50; state. [email protected]; Maine, $2.50 @4.35. Sweet Potatoes—Easy; Southern baskets. $1.25(81.75: Jersey baskets. 65c® $2.50. Dressed Poultry—Firm; turkeys. 27@43c; chickens. 18@40c; capons. 28® 47c; fowls. 18®35c; ducks, 14<524c; ducks. Long Island. 23® 27c. Live Poultry—Steady geese. 13@24c; ducks, 14@26c; fowls, 30® 33c; turkeys, 30@40c; roosters, 19 (320 c; chickens. 24@32c; capons. 27@40c; broilers. 20® 36c. Cheese—Steady to firm; state whole milk, fancy to special, 24® 26c; Young Americas. 51%tf?24 , ic. Bv United Press CHICAGO, Jan. 31.—Eggs—Market, firm: receipts 7,945 cases; extra firsts. SS'/ac firsts 35%c; ordinaries, 31®32c; seconds. 30c. Butter—Market, steady; receipts. 7.471 tubs; extras 36'/ a c; extra firsts, 35Vi®i 36c; firsts, 35y2@36c; seconds. 31@32c, standard, 36V2C. Poultry—Market, weak; receipts, none; 1 car due; fowls. 25c; springers, 26c; Leghorns. 31c; ducks, 18c; geese. 16c; turkeys, 25c; roosters, 18c; broilers, 27c. Cheese—Twins. 19>/2(gl94ic; Young Americas, 21c. Potatoes—On track 243: arrivals. Ill; shipments. 379; market, slightly easier; trading slow; Wisconsin sacked Round Whites. [email protected]; Minnesota sacked Round Whites. [email protected]; Idaho sacked Russets. *[email protected]. By United Press CINCINNATI. 0.. Jan. 31—Butter steady, creamery in tub lots according to score. 36@37c; common score discounted 2@3c; packing stock No. 1. 22c; No. 2,18 c; No. 3,13 c; butter fat, 35@37c. Eggs—Higher; cases included, fresh gathered, 36c; firsts. 35c; seconds, 33%c; nearby ungraded. 35 %c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls, 5 lbs. and over, 26c; 4 lbs. and over, 27c; 3 lbs. and over. 25c; Leghorns, 3 lbs. and over. 23c; roosters. 17c; stags, 20c: capons, 8 lbs. and over 32c; under 8 lbs., 28c; slips, 21c; fryers, colored, over 3 lbs., 30c; 2 lbs. and over, 30c; broilers. 1 % lbs. and over, 32c: Leghorn broilers, IV2 lbs. and over. 25c; roasting chickens. 4 lbs. and over. 30c; Leghorns and Orpington fryers. 2 lbs. and over, 25c; black springers, 20c. CLEVELAND. Jan. 31.—Butter—Extras. 40%c; extra firsts. 39%(fi40c: seconds. 31st 32c. Eggs—Extras. 37%c: firsts. 36c. Poultry—Fowls. 29® 30c: medium. 28c; leghorn. 24c: heavy springers. 26c; leghorn springers. 20c; ducks. 20@25c: old cocks. 18c- geese. 18@20c. Potatoes—Ohio and New York. $4.50 per 150-lb sack; Maine Green Mountain. $4.75 per 150-lb. sack: Idaho Russet. *4.50 per 100-lb. sack. HAW SUGAR PRICES High. Low. Close January 2.16 2.15 2.15 March ' 1.85 1.83 1.82 May 1.93 1.91 1.91 July. 2.03 2.01 3.01 September 3.10 3.08 3.08 December 2.16 3.14 3.14

WHEAT MARKET SLUMPS AGAIN ON WEAK NEWS Liverpool Grains Hit by Thursday's Sag at Chicago. Bv United Frets CHICAGO, Jan. 31.—1n a late rally wheat recovered from the early slump and closed about steady on the Board of Trade today. Heavy acceptance of profits by shorts when the market reached the lowest level checked the decline and encouraged the rally. Com showed firmness and closed higher and oats was up slightly. At the close wheat was to % cent higher, com was % to : ,v cent higher, and oats was up % to % cent. Provisions were firm. Liverpool broke sharply and showed no signficant rally during the day, closing 3% to 4V* lower. Winnipeg did not show the weakness which was witnessed here and made a fair recovery. May was selling at about 45 cents below the high for the season and March was 49 cents lower than its best prices of the season. The market was slow in opening and prices were 1 cent lower. Receipts were twelve cars. Com showed surprising strength in view of the decline in whei£ Fairly good shipping demand and light offerings from the country added strength and corn was holding around steady before the late rally. Weather was favorable. Cash prices were unchanged. Receipts were 292 cars. -v Oats was only slightly off early and trading was fair. Strength developed later in the day. The display of strength was unusual with the ontreme weakness in wheat. Ca.>, prices were % cent lower. Receipts weer thirty-three cars.

Chicago Grain Table —Jn. 31Open High Low Close close WHEAT Frev. March LIU L 16% 1.13% 1.15% 1.15% May ..1.20 1.31 1.18% 1.30% 1.30% July ..1.33 1.32% 1.20% 1.32% 1.22% SegL R T.34% 1.24% 1.22% 1.24% 1.24% March. .86% .87% .86% .87% .86% May... .90 .91 .89% .90% .90% July... .91% .93% .91% .92% .92% Sept... .91% .93% .91% .93 .92% OATS— March. .43 .43% .43 .43% .43% May... .44% .46% .44% .45% .44% July... .43% .44 % .43% .44% .44 RYE— March. .84 .85 .83% .84% .84 May... .83 ,84% .82% .84% .84 July... .84 .86 .83% .85% .85 Sept... .86 .88 .85 .87'% .86% Lard— Jan Nominal 10.37 10.30 Mar. 10.40 10.45 10.40 10.43 10.40 May .10.60 10.63 10.80 10.60 10.80 July. 10.80 10.85 10.80 10.80 10.77 BELLIES— Jan .. Nominal 13.35 13.25 May .13.25 Nomina! 13.25 13.27 Bv Times Soecial CHICAGO. Jan. 31.—Carlots: Wheat, 13; corn. 358: oats, 18; rye. 3. and barley. 14. TOLEDO. 0.. Jan. 31.—Cash grain close: Wheat—No. 2 red. [email protected]. Corn—No. 2 yellow. 88<S89c. Rye^—No. 2. 96c. Oats —No. 2 white. 46@49c. Barley^—No. 2. 70c. Clover—Domestic, cash (oldi. *10.85: cash (new). *11.05: January. *11.05; February. *11.05: February (choice*. *11.45; March, *11.15; March (choice). *11.55; Imported. cash i old i. *9.50. Timothy—Cash (old). *3: new, *3.25: March. *3.40. Alai ke (cashl. *10.60: February. *10.65: March. *IO.BO. Butter, 38@42c. Eggs, 35@ 38c. Hay. *1.25 cwt. Bv United Press CHICAGO, Jan. 31.—Cash grain close: Corn —No. 4 mixed. 79ft80c; No. 5. 77%@ 78%c; No. 3 yellow, 83@84c: No. 4. 79 %fa 81c; No. 5. 77@80c; No. 6, 76@77'%e; No. 3 white, 86c; No. 4, 80<b83%c; No. 5. 79% @Bo%c; No. 6, 76%c; sample grade. 58@ 75c. Oats—No. 2 white. 44@44%c; No. 3. 43%@44e: No. 4, 41 %@42%c. Rye—None. Barley Clover—*ll® 18.50. Bv Times Special CHICAGO, Jan. 31.—Primary receipts: Wheat, 565,000, against 960,000; corn. 1.268,000, against 1.416,000; oats. 210,000, against 375,000. Shipment*—'Wheat, 476.000 against 683.000: corn, 543,000; oats, 280,000, against 331,000.

Cash Grain

The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were: Wheat—Easy; No. 3 red,*[email protected]%: No. 2 hard. *[email protected]%. x Com—Steady: No. 4 white. 77%@78'%c; No. 5 white. 75%®76%: No. 4 yellow. 71@74c: No. 5 yellow 70%®72%c; No. 4 mixed. S9@7lc: No. 5 mixed. 68®68c. Oats—Steady: No. 3 white. 43®t3e: No. 3 white. 41@43c. Hay—Steady: No. 1 timothy. *15.50® 16: No. 3 timothy. *ls® 15.50; No. I light clover mixed, *14.50015. —lnspections W'heat—No. 3 hard. 1 car; sample. 1 car: total. 3 cars. „ . ... Com—No. 4 white. 3 ears: No. 5 white. 4 cars: No. 6 white, 4 ears sample white. 6 cars; No. * yellow. 3 cars: No. 4 yellow. 8 cars: No. 5 yellow. 36 cars: No. 6 yellow. 14 cars; sample yellow. 7 cars. No. 6 mixed. 2 cars; sample mixed, 1 car; white. 15 cars; No. 3 white. 1 ear: No. 4 white. 1 car; No. 2 mixed. 1 car; total. 18 car*.

Indianapolis Stocks

—Jan. 31— Bid. Ask. Amer Central Life Ins C0..1.000 ... Belt R R & S Yds Cos c0m.... 61 64% Belt R R At 8 Yds Cos pref... 55 60% Bobbs-Merrill Cos 39 33', a Central Indiana Pow Cos pref.. 91 85 Circle Theater Cos c0mm0n...104% ... Citizens Qas Cos common 36 41 Citizens Oas Cos pref ........ 4% Commonwealth L Cos pf 8%.. 98 ... Commonwealth L Cos pf 7%.. 97 Hook Dm* Cos common 44 ... Ind Hotel Cos Claypool com... 135 Indiana Hotel Cos pref 100 Indiana Service Corp pref 80 ... Indianapolis Oas Cos common. 56',i 61 Vi Indpls Power Sc Lt Cos pfd,.103 104 Indpls Pub Welf Loan As com 50 ... Inpdls St. Ry Cos pfd..’.... 29% 32 Indianapolis Water Cos pfd.... 97 ... Interstate Pub 8 Cos. pr L pfd 99'/j 103 •Interstate Pub Service Oo pfd. 87 91 Northern o lnd Pub SCo pfd.. 103 106 Progress Laundry Cos common 4o E Raub & Sons Per. Cos pfd.. 50 Real Silk Hosiery M. Inc. pfd 90 Shareholders Investors Cos ... 24 ... Standard Oil Cos of Ind ...... 53Vt ... Terre Haute Trac 6c L Cos pfd 73 ... Union Title Cos common ..... 39Vs 48% Van Camp Prod Cos Ist pfd... 98 Van Camp Prod Cos 2nd pfd 98 ... •Ex-Dividend. —BONDS— Belt R R AtStock Cos 4s ..... 88 ... Central Indiana Oas Cos 55.. 9<% ... Central Ind Power Cos 6s 98 ... Citizens Gas Cos 5s 101 102 Citizens Street Railroad 55.. 4a 50 Gary St Ry Ist 5s 70 Home T t T of Ft Wayne 65.103 ... Ind Northern Trac Cos 5s ... 3 5 Ind Rv Sc Light Cos 5s 95 Indiana Service Corpn 3s .... 85 ... Indpls Power & Light Cos 55.. 98 100 Indiana Union Trac Cos 5s ... 5 ... Indpls Col Sc So Trac 6s 95 100 Indianapolis Gas Cos 5s 98 100 Indpls & Mart Rapid T Cos 5s 20 Indpls Ho Trac Cos 5s 9 13 Indpls <fc Horth Trac Cos 3s 20 Indpls Btreet Ry 4s 42'a 46 Indpls Trac & Ter Cos 5s 93 Indpls Union Ry 5s 100% Indpls Water Cos 5%s 100% 104 Indpls Water Cos 5s 92 Indpls Water Cos lien & ref.. 92 Indpls Water Cos 4y 2 s 91Va ... Indpls Water W Sec Cos ss. 84 Interstate Pub Serv Cos 4'-is. 81% ... Interstate Public Service Cos 5s 96 Interstate Pub Serv Cos B 6%5.10l No Ind Pub Serv Cos 5s 97% ... No Ind Telegraph Cos 6s 96 T H. Ind <Sc East Trac Cos ss. 60 T H Trac & Light Cos 3s 86 91 Union Trac of lad Cos 6s 13 New York Liberty Bonds —Jan. 31Close. 3%S 5 Ist 4%S 109 31 4th 4%s 101. Treasury 4ys 110.3 4s 106.3 3%s i 103.10 2%s df ’47 992

Chicago Stocks - ~ ißy James T. Hamlil A Cos. ~~

TOTAL SALES 275,000 SHARES Adams Mfg 30 Allied Products 37% 37 37% Art Metal Work 20% 19% 20% Assoc Telephone Util .. 36% 36 26% Auburn Automobile ...232 230 232 Bendix Aviation 39% 38% 39% Borg Warner 40% 38% 40% Brown Fence A W A" 19 18% 18% Burnham Trading .... 29% 26% 29% Butler Bros 13% 11% 12% Cent 111 Securities 29 28% 28% Cent Pub Serv Cl ' A". 35% 35 35% Cent A So West 24% 23% 24% Chicago Corp 14% 13% 14% Chicago Corp pfd 39% 39% 39% Club Aluminum 5 4% 5 Commonwealth Edison. 257 250 253 Construct Materials ... 17% 17% 17% Construct Materials, pld 38% 38% 38% Con. Chicago ctfs 63% 63 63% Cord Corp 13% 12% 13% Corp. Securities 63% 62% 62% Electric Household 43'. Electric Research Lab.. % General Theater Eaulp. 41% 39% 40 Great Lakes Aircraft... 4% Grigsby-Grunow 16 14% 1® Houdailie-Hershev “A". 30 28 29% HoudaiUe-Hershey "B" 27% 26 27% Insull Util Invest 64% 63% 63% Insull Utl In. pd ex-war 93 92 92% Iron Fireman 24% ... ••• Kalamazoo Ctove 60% 60 60% Keystone Steel 20 ... .... Libbv-McNeil 18% 18% 18 s Lion Oil Refining Cos .. 21% 20 20% Manhattan-Dearborn .. 37 36 •> 37 Mid West Util (new).. 28% 27% 28% Midland United 24% 24% 24% Mohawk Rubber 13 11% 13 Muskegon Motor Spec.. 19 18’* lj’4 Natl Elec Power A 32% 31% 32% National Repub Inv 50 49% 50 Natl Sec Invest 14 13• 14 Natl Securities Inv ctfs 84 83% 83% National Standard .... 35 .... ••• Noblitt Sparks 48% 4i% 48 North Amer Car 39% N Amer Light A Power 68% ... NAS Amer Corp .... 18% 18% 18% Ontario Mfg 33 ... ... Pac Pub Serv A 28% Perfect Circle 32 Ryerson A Son 34% .... Seaboard Util Shares... 7% i% is Steinite RAdio ,iul Super-Maid 52% 49 a2 SWift A Cos 130 Swift International .... 33% ... ... U S Radio A Te 1.... 10% 9% 0% Utility A Ind 18 17% 18 Utility Sz Ind pfd 25 5 e 25 r 2d j Warchell 16 -iu Winton E:ine 47 46 4i Zenith Radio 8% 7Vb 8.

LESLIE CONFERS WITH PRESIDENT AT WASHINGTON Governor Pledges Support to Move for Indiana Flood Control. Bu Times ftnecinl WASHINGTON, Feb. I.—Governor Harry G. Leslie was a White House caller Friday, spending twenty minutes in conference with President Hoover at the executive office. Leslie planned to discuss a number of matters with chief executive, but declared he came to Washington on no special mission. White house officials likewise stated the conversation between the Governor and President was “general.” Report that Leslie had come here in an attempt to break the long deadlock over appointment of anew Indiana collector of internal revenue found support after his White House call to confer with Senators James E. Watson and Arthur R. Robinson. White House attaches denied, however, that the Governor had been summoned for a discussion of the appointment row. Leslie pledges his support to plans congressionaf delegation to secure federal flood control aid for southwestern Indiana. “I am in entire sympathy with the movement to end this annual disaster,” Leslie said. “I plan to confer with members of the Indiana delegation on some definite program to secure legislation.” After dining privately with Senator James E. Watson and Mrs. Watson, Thursday night. Governor and Mrs. Leslie accompanied them to the reception given by the President and Mrs. Hoover in compliment to the senate. The Leslies met Mrs. Dolly Gann and her brother, Vice-President Charles Curtis and repeated their invitation to Mrs. Gann, her husband, Edward Everett Gann, and the Vice-President, for them to be the Leslies’ guests when they visit Indianapolis March 8 to attend the banquet of the Indiana Republican Editorial Association. Gann said he would be unable to make the trip. The Viie-Presldent and Mrs. Gann have accepted the Leslie invitation. President Hoover has asked Governor Leslie and Mrs. Leslie to be his dinner guests at the White House Saturday night. Members of the Indiana delegation are arranging a luncheon for the Governor Saturday, but plans have not been completed, due to conflicting committee engagements of some members.

N. Y. C. TO OPERATE BIG FOUR RAILROAD Change Is to Simplify Bookkeeping; Identities Remain Separate. Operation of the Big Four railroad was assumed by the New York Central lines today. Although both roads will maintain separate identities, as in the past, the general management will be directed by the New York Central line, officials said. The transaction was consummated after six years of effort. The change is to simplify and unify bookkeeping of the two roads, according to Fred N. Reynolds assistant to the general superintendent of the Indianapolis division. All lines will use the New York Central name, but general headquarters will be kept at Cincinnati. Personnel of the Indianapolis offices will remain unchanged, it was indicated.

Closing Price

NEW YORK. Jan. 31.—Closing prices and net changes on principal stocks traded on the New York exchange today follow: Up. American Can } American and Foreign Power. 96 % Anaconda i Bethlehem 201 p. % Consolidated Gas 11l General Electric JL? , % Oeneral Motors < *, Johns-Manville I*l Montgomery Ward >" */• New York Central 180 2 1 2 New York & Harlem 265 47 Public Service New Jersey 90 bt Sears. Roebuck 17 s Standard Oil New Jersey •> ;• United States Steel. 184% 2, Westinghouse Electric 163 r •

FEB. 1, 1930

I/Ujrai Notices STATE OF INDIANA. DEPARTMENT ©F STATE. Otto G Fifleld. Secretary of State. To All to Whom These Presents Shall Come. Greeting: X. Otto G. Fifleld. secretary of the state of Indiana, hereby certify that the Service Jewelry Manufacturing Company has this dav fl ed in the office of the secretary of state of the state of Indiana, the properly signed and attested consents, statements and papers required bv Section 24 of an act entitled "an act concerning the organization and control of corporations for profit." approved Feb. 28. 1921. And I further certify that such written consents, statements and paper* so nlea as aforesaid, shrow that said company and the officers thereof have complied with the provisions of said Section 24 and that *a,u corporation is now in process of dissolulS°ln witness whereof. I have hereunto set mv hand and affixed ttc (BEAU seal of the state of Indiana at the city of Indianapolis, this 30th dav of Ja '' ua^TTO U O I9 FIFIELn. Secretary of State. Bv J. HIRAM JOHNSTON. Assistant Deputy. NOTICE TO BIDDERS SALE AND REMOVAL OF OLD BUILDINGS w .. Sealed bids will be received by the 'Board of School Commissioners at It offices, 150 North Meridian street. Indianapolis. until 8 o’clock p m . Feb. 11. 1930, lor the sale and removal as hereinafter specified, of the following buildings not needed for school purposes, for not less than their fair ca.sh value: At school No. 60. Thirty-thira ano Pennsylvania streets. one two-storv dwelling, on the northeast corner At school No. 43. West Fortieth street and Capitol avenue, one-room portable building, east side of property, northeast corner of building. Each building and the foundations to a depth of at least one foot beiov the grade line 'hall be removed from the premises within thirty (30) days from date of acceptance of bid. All rubbish of any description shall be removed without anv damage to anv other of the school property or premises. Bids will be received on each building, separately and each bidder shall submit with hts bid a certified check for the full amount of his bid. The Board reserve the right- to accept or reject any or al, bids and. upon failure of the successful bidder to properly perform his contract within the time specified, to order the work done by its own employes and to retain anv material secured from said houses, and also to retain the proceeds of the certified check. . , , Bidder will mark sealed envelope, "BID FOR PURCHASES OF SCHOOL BOAHD R1 o\ : SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS. A B GOOD. Business Director.

Death Notices BRANT. CHARLES PIERSON Beloved husband of Luella Rttts Brant, father of Walter L and John R. Brant, passed awav at his residence. 3331 N. Meridian. Thursday, p m. For further information call Manner A Buchanan. MEYER. MARGARETHA—BeIoved mother of Hilda and Oscar F. Meyer, passed away at her residence, ttrtfi Hoyt Ave., Wednesday afternoon. ounces at the residence Saturday, 2 p. m. Friends invited. Burial Crown Hill cemetery. WARD JOHN R. —Beloved husband of Mrs. Bertha H. Ward, passed awav Thursday morning. Services at the residence. 3309 Ruckle. Friday evening at 8 o’clock. Friends invited. Also services and burial _at_ Mo iticelio. Ind.. Saturday. 2 p. m. WARREN, CHRISTINA- Known as Crystal, beloved wife of Ralph L. Warren, daughter of Jacob Roab, passed away Wednesday evening at the Methodist hospital. Funeral Saturday. 1:30 p. m. at the residence, three miles northwest of Cumberland, private: services. 2 p. m. St. John’s Evangelical Zions Church. Cumberland public. Interment. Memorial Park cemetery, in charge of Max Herrlich ASon. WEHRLING. MRS. THERESA--Age 70 years, mother of Edward and John Elmer Wehrling. passed away Thursday. Jan. 30. at the residence. 21 S. Arsenal ave. Funeral Monday Feb 3. 5:30. from FINN BROS. FUNERAL HOME. 1639 N. Meridian st. Services Holy Cross church, 6 a. m. Burial Lawrenceburg, Ind. f Lawrenceburg and Madison papers please cony.] Funeral Directors WM D. BEANBLOSSOM. Mortuarv Phone. Be. 1588 1321 W. Rav Bt. W. T. BLASENGYM Main office. 2220 Shelbv St. Drexe) 2570 George Grinsteiner Funeral director. 522 E. Market Riley 5374. UNDERTAKERS. HISEY & TITUS. 931_ N. Delaware. LI. 3831. LAUCK FUNERAL HOME 1458 S. Meridian. Dr 2140. J. W PATTERSON. Funeral Director. Rilev 3606. “A REAL HOME FOR SERVICE” RAGSDALE & PRICE L! 3608 1219 N. Alabama. ' WALD 1232 Union St. 1619 N. Illinois St. T C. WILSON funeral parlors, ambulance service and modern automotive cqutpmer.t. Dr. 0321 and Dr. 0322. You Read the Want Ads— Have you tried to use them? It’s easy—Call Ri. 5551. _____ "'Sk for an Ad Taker. Lost and Found FRATERNITY PIN Delta Upsilon. Jeweled: pearls, 3 diamonds. Fred Parsons. Hu. 4501. Reward. STRAYED from Woodstock. Jan. 25. male, wire-haired fox terrier, white with black markings, heavy coat. Answers to name “Bill.” Reward. Ta 3086. Special Notices DR. H. E. CRUM Specializing in digestive trouble. 3217 E. 16th St. Ch. 4638 PERMANENT and temporary home for invalids. nervous, mental cases, also elderly people. 1427 N. Delaware. Ri. 4729. EXCLUSIVE DESIGNING Costuming, guaranteed fitting, sewing all kinds, reasonable. We invite vour patronage. 3716 Kenwood Ave. Ha. 4466. SULPHUR BATHS—And massage. 227 N. Delaware. Apt. 6. Mildred Mewhlnney. MEN’S WORK CLOTHES—And shoes; leather palm gloves 118 Virginia Ave Instructions Pilots and Ground Men NEW CLASSES STARTING NOW FOR GROUND SCHOOL AND MECHANICAL ENGINEERING. APPROVED DEPT. OF COMMERCE SCHOOL CURTIRS-WRIGHT FLYING SERVICE, 104 MONUMENT CIRCLE. LI. 4282. You Read the Want Ads— Have you tried to use them* It’s easy—Call RI. 5551. Ask for an Ad Taker,

Transportation Colonial? STAGES - I Interstate Transit% Ride in Comfort Great Lakes to Gulf Coast to Coast Chicago $ 4.00 Pittsburgh .. .f 6.00 Dayton 3.oo|Philadelphia . 16.00 Detroit 6.00 New York .... 18.00 Cincinnati ... 3.00 St. Louis 5.00 Louisville .... 2.50 Kansas City.. 9.00 Nashville .... 7.oo'Denver 22.50 Jacksonville 22.00!L0s Angeles .. 47.50 ' New Busses—Air Cushions— Reclining Chairs Cold Medal Drivers Three Convenient Depots DENISON HOTEL TERMINAL RI. 4000 104 Monument Circle Lincoln 4000 l.'nlon Bus Station Riley 2255 Business Announcements DEFECTIVE heating plants and bake ovens repaired. Ta. 3414. FEATHERS Bought sole, ana renovated feather matyresses, pillows made to order E- P Burk]#* 431-433 Mass Ave RI 6671 RUGS cleaned 9x12 *1 50 Cali'for del. 10-da spec Keemer Rug Cos Ch 5336. SPECIAL FOR’FEW DAYS. Painting, plastering and general repair work: guaranteed Ha. 2032-W. BATH ROOM Complete, *7O; plumbing & heating installed: reasonable. Ta 4057. BROWN & BROWN-Magnetic paint will keep vour cellar dry. LI. 2298. TlNNlNG—Gutters, spouting, roofing, furnace' cleaned, repaired; free estimates. Chas. Goldstein. 1040 8. Mer , Dr. 3431. PAPER HANGING. SPEC. PRICES FOR THE NEXT MONTH. DR, 2747. M'COY BROS. Interior cleaners, painting, gen. housecleaning. painted walls washed, resurfac’g of hardwd floors, paper clean’g. Dr. 3789. SPECIAL—Sav e 20 C, this month. ail kinds lavatories, bath tubs, kitchen sinks, all installations reas. Ha. 4866. Hu. 2955. PAPER CLEANING—BI room; wall tinting; refinishing. JOS. C. BELL. RI. 8800. PLASTER PATCHING—Paper hanging, cleaning, painting, gen. repair. Ch. 2054.