Indianapolis Times, Volume 41, Number 241, Indianapolis, Marion County, 17 February 1930 — Page 12
PAGE 12
STOCK TRADING SLUMPS; LIST SWINGS LOWER Industrials, Rails, Oils and Specialties Off: Air Shares Higher.
Average Stock Prices
Average of thirty Industrial* for BatUrdav was 269 25. ©ff 2.27. Av*ragf of tarntT rails aas 155 25. off 1.01. Average of taentv utilities war 97.38, off 90 Average of forty bonds wag 53 81. off .03. Rv United Press NEW YORK. Peb. 17.—Highly irregular, price swings characterized trading today on the Stock Exchange. The market swept down sharply for a time, but toward noon' the whole market was rallying from the lows. National Air Transport st od out as the feature. Doth in volume of business and in gain. The stock shot up more than 2 points to a new high for the year American Rolling Mill, Eastman Kodak, Radio Corporation, Baldwin. Consolidated Gas, Montgomery Ward and Continental Baking A were other strong favorites. Industrials Off On tli* declining side were most of the industrials, many of the rails, all of the oils and numerous special Issues. Coppers continued to decline, as did amusements, motor •hares and rubbers. Standard Oil of New Jersey led the petroleum group downward, breaking to anew low for the year below the 59 level. Other oils followed, selling being based on news of further reductions In crude oil and gasoline prices. Westinghouse Electric and General Electric were depressed several points, but in the early afternoon they showed a firmer tendency. Sales Decrease Railroad equipments were better after an early reaction, and thp same trend was noted in the steel shares, where Vanadium made a swift comeback. United States Steel touched 184’-s, where it was off It 2, but toward noon it. came back to the opening price of 185=4, off %. Radio Corporation turned very active in the atternoon at rising prices, and the remainder of the list was giving evidence of having been too heavily sold. Call money renewed at. 4% per rent and was firm at that. rate. Sales in the first half hour totaled 391.100 shares, compared with 387.100 Saturday and 528,900 Friday. Sales to noon totaled 1,341,000 shares, against 1,551.000 shares Friday.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Monday, Tab. 17. $3,884,000: debits. $9,255,000. CHICAGO STATEMENT Bu United Pres* CHICAGO. Feb. 17.-Bank clearings. 1111.300.000; balances. $13,000,000. NEW YORK STATEMENT Fit United Press _ . , NEW YORK. Feb. 17.—Bank clearings. $705,000,000: clearing house balance. Sl4 000,000- federal reserve bank credit balance, $145,000,000. TREASURY STATEMENT Bt/ United Press WASHINGTON. Feb. 17.—Treasury net balance on Feb. 14, was $25,352,961.36; customs receipted for the month to the same date totaled $16,777,506.74, government expenditures on Feb. 14, were $9,576,995.09.
In the Stock Market
(By Thomson At McKinnon) NEW YORK. Feb. 17.—While an encouraging tone is maintained in the week-end trade reviews, the uneven character of the recovery movement is stressed somewhat more. It is significant, we believe, that the steel industry continues its improvement, which perhaps is the. outstanding industrial development, with present rate of operations at around 79 per cent of capacity, as compared to about 50 per cent less than two months ago. Similarly, the gains in many other lines are notable, although here and there conditions persist which are not so satisfactory as might be desired. But We are inclined to stress more the extent of the gains, the better sentiment and the outspoken desire of leading interests to see conditions tmprove than we are "he irregularity of the recuperation movement. We feel there is no reason for undue apprehension if for a brief period the market pauses to consolidate recent gains. From the longer term outlook this? is a constructive development, strengthening the market's technical position, even though at the moment such reactions may appear somewhat oiscour aging. FIGHT FOR SCHOLARSHIP Leslie Pledged Aid in Keeping Two Annnai Rhodes Awards. Possibility of Indiana losing its Rhodes scholarships was pointed out in a letter to Governor Harry G. Leslie today and he has pledged his co-operation in preventing this from occurring. The letter was* from a Chicago law firm and pointed out that the British parliament has passed an enabling act permitting trustees of the scholarship to group states in making elections. Under the original plan, each state was given two Oxford scholarships annually. Leslie will Join with others in urging this policy be continued, despite the enabling act.
James T. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley 8483—RIley 5494
Business — and — Finance
Directors of the Reliance Manufacturing Company Saturday decla-ed the regular quarterly dividend of 37% cents a share on the common stock payable April 1. to stockholders of record March 20. The regular quarterly dividend on the preferred stock of $1.75 a share was also declared, payable April 1. to stockholders of record March 20. Director* of G. C. Morphy Company bave declared a stock dividend of 20 per cent on the company's common stock. payable in common stock on Feb. 18. to holders of record as of the same date. At the same time the directors declared a quarterly dividend of 10 cents a share, parable March I, to stockholders of record Feb. 19. tb rash dividend therefore applying to the extra 20 per cent distributed In Ibe form of a stock dividend. The governors of the Chicago Stock Exchange late Saturday approved application for listing 449.996 shares of the Common Stock of the Greyhound Corporation and trading in the stock was scheduled to begin on the local board. Southern Facifir I.lnea announced reduced fares effective Feo. 21 and 22 for the Washington's birthday holiday. Kound trip fares mil be reduced one and one-third of the one way fares between all points west of and Including Ogden and Salt Lake City, Utah. and FI Paso and south of Portland, where the one way fares are SSO or less. Tickets will have a return limit of Feb. 25. An order for 400 ambulance and hearse ebasses has been placed by Hennev Mokir Company, subsidiary of Allied Motor Industries, Inc., with the A. O. Smith Corporation of Milwaukee, Wis., for delivery within the next four months. The majority of the"? specially constructed chasses will be used In the production of Henney hearses equipped with a patented three-way service device to which the company holds exclusive rights. Expenditures of citizens of Ibe United States traveling to foreign countries last year. Including visitors to Canada, tbe tropics, Fnrope and other overseas points. amounted to approximately $750,000,000. according to an estimate made by Ibe baggage insurance department of the Fldelfty-Phenix Fire Insurance Company. PITTSBURGH. Feb. 17—Directors of Mesta Machine Company declared an Initial quarterly dividend of 40 cents and an extra of 10 cents on the common stock, placing it on $1.60 annual basis. This compares with a rate of sl2 a share annually, in force on the old stock, which was split ten for one on January, amounting to an Increase of $4 share on that, basts, exclusive of extras. The dividend is payable April l, to stockholders of record March 15. Anglo-Norwegian Holdings, Ltd., which Is the largest British unit In the whaling Industry, reports that net earnings of It* two prinripal snhsidlarles for the vear ended June SO, 1929, totaled $1,262.992. of which $662,338 accrued to the benefit of tbe holding company. Actual dividends received from these subsidiaries amounted to $479,493 and net Income from these sonrees, after all expenses, amonnted to $437,400. This is over foor times the amount required for dividends on the preferred shares for tbe period. After provision for preferred dividends there was a balance of approxi- , raately $243,000 available for the 420,000 shares of common stock outstanding, or 57 cents per share out of the $1.33 per share which accrued to the benefit of the holding company. Expenditures for cigar advertising In 1930 will be larger than in any previous year, according to a study of the industry completed by Otis Sr. Cos. Because cigar companies in the past have been slower to adopt machine volume production and because cigarette companies early spent large sums for national advertising, cigarettes have rapidly gained in competition with the cigar, it is pointed out. The Amerada Corporation. Dixie Oil Company and Mid-Continent. Petroleum Corporation, operating Jointly, announce the completion of anew well, Edwards No. 1. In the South Earlsboro Field of Oklahoma. The well has been drilled In with an Initial ow at the rate of 8,000 barrels dally.
Produce Markets
Eye? (countrv run)—Loss off. delivered in Indianapolis, 32c; henery Quality. No. 1, 35c: No. 2. 30r. Poultry (buying prices'—Hens, -weighing 4’j lbs. or over. 23!jc; under 46 lbs.. 21c; Leghorn hens. 20c: springers. 46 lbs. or over. 21c: under 4Li lbs.. 21c; broilers. 1930. 25c: old cocks. 126>15c; capons. B'i lbs. or over. 29c: capons. 1 1/ 2 lbs. or over 27c; capons and slips. 5 lbs. and over. 25c; capons. 5 lbs. and under, 23c: ducks, full feathered, fat. whites. 15c. These prices are for No. 1 top quality, quoted by Kingan & Cos. _ ~ Butter (wholesale)—No. 1. 40@41c; No. 2. 39'iT 40c. Butter—37c. Cheese (wholesale selling price per pound)—American loaf. 3tc; pimento loaf. 33c: Wisconsin firsts. 27c; Longhorns. 24c; New York limberger. 3tic. By United Perns CHICAGO, Feb. 17. Eggs—Market, weak, receipts 12.439 cases; extra firsts, 35'26 36c; firsts. 35c: ordinaries. 32634 c: seconds. 31c. Butter—Market unsettled; receipts. 11.176 tubs; extras. 35'2C; extra firsts 34 'i(ft 35c; firsts. 33® 34c; seconds. 21 ® 32c: Standards. 35’2C. Poultry—Market. firm; receipts. 1 car; fowls. 26c; springers. 28c; Leghorns. 22c; ducks. 184 c 19c; geese. 14c: turkeys. 25c; roosters. 20c; broilers. 30® 32c. Che-.se—Twins 19’,261 20c; Young Americas, 21c. Potatoes —On track. 263: arrivals, 120: shipments. 802 market steady: Wisconsin sacked Round Whites. $2.50® 2.60: Minnesota and North Dakota sacked Round Whites. $2.35© 2.40. Idaho sacked Russets, [email protected]; apples. $2.7504.25 per box. western. Bv United Press NEW YORK. Feb. 17.—Flour—Dull and unchanged: spring patents. $6 25® 6.90. Pork—Steady. Mess—s2B.so. Lard—Firm. Middle West Soot—*ll.4o'all.so. TallowEasy; special to extra. • 3 .@;7c. Potatoes - -Quiet and easy; southern, $2®2.50 crate: state. $3.75 1 4.60 bbl.; Maine. s2® 5.35 bbl.; Bermuda. s7® 13 bbl.: Long Island. $1.50® 6.25. Sweet Potatoes— Steady: Southern baskets. 75c® $1.63 Jersey baskets. 65c® 2.65. Dressed Poultry’ —Quiet; turkeys. 27@43c: chickens. 18® 40c: capons. 27® 43c: fowls, 18© 31c: ducks. 14820 c; ducks. Long Island. 234125 c. Live Poultry—Quiet: geese. 13®22c; ducks. 14® 27c: fowls. 23® 28c; turkeys. 20035 c. roosters. 18fi T9e: chickens. 21© 28 c: canons. 26® 38c: broilers, 26®36c. Cheese —Firm: state whole milk, fancy to special, 24026 c: Young America. 21*:iS24'iC. Bn United Press j, CINCINNATI. 0., Feb. 17.—ButterSteady: creamery In tub lots according to score 36® 37c: common score discounted 2®Sc: packing stock. No. 1. 22c: No. 2. 18c: No. 3.13 c: butter fat. 33®35c. Eggs —Lower. Cases Included; fresh gathered, Jsc: firsts. 34c; seconds. S3: nearby ungraded. 34c. Live Poultry—Thin ar.d coarse stock sella only at heavy discount: fowls 5 lbs. and over 24c; 41bs. and over 25c: 3 lbs. and over. 25c: Leghorns. 31bs. and over. 23c; roosters. 17c: stags. 21c: capons 8 lbs. and over. 33c; under S lbs.. 3Jc; silos. 21c: frvers colored over 3 lbs.. 32c 2 lbs. and over. 35c: broilers 1% lbs. and over. 38c; 11,l 1 , lbs. and over. 38c; Leghorn broilers l* lbs. and over, 30c; roasting chickens 4 lbs. and over 29c: black springers. 20c. Bu United Press CLEVELAND, Feb. 17.—Butter—Extras. 40c: extra firsts. 39'4c. Eggs—Fowls, 28® 29c: medium. 27c: Leghorn. 24c; heavy springers. 27c; Leghorn springers. 20@22c: ducks 22ft26c; old cocks. 18c: geese. 18® 20c. Potatoes—Ohio and New York. *4 04 25 per 150-lb. sack: Maine Green Mt.. *4 3594.50 per 150-lb. sack; Idaho Russet. *3.8594.15 per 100-lb. sack. Files Bankruptcy Petition Voluntary bankruptcy petition was filed in federal court today by Lawrence Jenkins, Frankfort, formerly a contractor, who listed liabilities of $15,647 and assets of $345.
PORKER MARKET RISES 25 CENTS AT STOCKYARDS Cattle, Calf Trade Steady; Sheep Quotably Unchanged. Feb. Bulk Top. Receipts. 10. $11.00*11.35 *ll 35 3.500 11. 11.10*11 45 11.45 5.000 12. 11.10* 11.45 11.45 5.000 13. 11 05*11.40 11.40 3,300 14. 11.15*11.50 11.50 4.500 15. 11.15* 11.50 11.60 2.000 17. 11.50*11.75 11.75 3.000 Hogs were generally 25 cents higher today at the Union stockvards, the bulk, 160 to 175 pounds, selling at $11.50 to $11.75. Receipts were 3.000; holdovers, 180. Cattle receipts were 500, market holding steady. Veals were steady at sls down. Calf receipts were 300. Sheep receipts were 1,100, practically all direct. The market held quotably steady. Chicago hog receipts were 62,000, Including 28.000 direct. Holdovers were 2,000. Today's market held 20 cents higher than Saturday's average. A few loads of choice 180 to 200 pound weights brought $11.35 to $11.50; 250 to 260 pounders. sll. For 270 to 280 pound weights the price was SIO.BO. Cattle receipts were 17,000; sheep. 22,000. ■—Hogs— Receipts. 3.000; market, higher. Heavies. 300 lbs. up $10.90*11.30 250-300 lbs [email protected] Med. wts.. 225-250 lbs 11.55 200-225 lbs 11.65 Light wts.. 160-200 lbs 11.75 Light Its.. 130-160 lbs 10.65*11.25 Light wts., 160-200 IbS 9.75*10.35 Packing sows 8.50* 9.75 -CattleReceipts. 500: market, higher. Beef steers 1,100-1,500 lbs., good and choice ... sl2 [email protected] Common and medium 9.25*12.00 Beef steres, 1.100 lbs. down. good and choice 12.25*15.00 Common and medium [email protected] Heifers. 330 lbs. down, good and choice 11.50*14.00 Common and medium 7.00® 11.50 Cows 8.25* 9.75 Common and medium 8.50* 8.25 Lower cutter and cutters.... 4.50* 6.50 Stocker and feeder steers. good and choice 9.50*11.25 Common and medium 6.75* 9.50 —Veals— Receipts. 300; market, steady. Medium and choice. $11.00*15.00 Cull and common 6.50*11.00 —Sheep— Receipts, 1,100; market, steady. Lambs, good and choice $10.50*11.25 Common and medium 9.50*10.50 Ewes, medium to choice 4.50* 6.25 Cull and common 2.00* 4.50
Other Livestock Bu United Press CHICAGO. Feb. 17.—Hogs—Receipts, 62,000, Including 28.000; market 15025 c higher; top, $11.50; bulk. 160-220-lb. weights. $11.25® 11.50; 230-250-lb. weights, sll® 11.25; 250-300-lb. weights, $10.65® 11; butchers, medium to choice, 250-350 lbs., $10.35® 11.10. 200-259 lbs.. $10.75(811.50, 160-200 lbs. $10.85 @11.50; 130-160 lbs.. $9 [email protected]; packing sows, [email protected]); pigs, medium to choice, 90-130 lbs.. $9 25 @ll. Cattle—Receipts, 17,000: calvts, 3,000; fed steers and yearlings steady to 25c lower: mostly steady on steers, ear’y weighty yearlings weak to 25c off; best fed steers. sls: /at she stock tending lower; slaughter classes, steers, good ana choice 1,300-1.500 lbs.. $13,256.13.50; 1,100-1,300 lbs.. sl3® 16; .950-1,000 lbs.. $13@16- common and medium, 850 lbs. up, $8.75® 13; fed yearlings, good and choice. 750-950 lbs., $13016; cows, good and choice, sß® 10.25; common and medium, s6@B; low cutter and cutter. [email protected]; bulls, good anl choice beef. sß@9; cutter to medium, $7®8.60: vealers. milk feed, good and choice. $10.75© 15.50; medium, $9.50010.75; cull and common, [email protected]; stockers and feeder steers, good and choice, all weights, $10.50(511.75: common and medium. sß® 10.75. Sheep-—Receipts, 22,000; market steady to strong on lighter weights; fat ewes nominal; feeding lambs strong to 25c higher; choice. $10.250 10.50; lambs, good and choice. 92 lbs. down, $10@12; medium. [email protected]; cull and common. $8.75® 9.75; medium to choice. 92-100 lbs. down. $9011.35; ewes, medium to choice. 150 lbs. down, $4 75@6; cull and common, *2@s; feeder lambs, good and choice, $9.50® 10.50. Bu United Press „ CINCINNATI, Ohio. Feb. 17.—Hogs—Receipts, 1.600; heldover, none, butchers, mostly steady; bulk good and choice. 170230 lbs.. $11.85: some held higher; heavy hogs, scarce; desirable. 120-160 lbs., mostly. $11; some strong weights, $11.25; pigs, around 100 lbs.. $10; sows. 25c higher, $9(89.25: smooth finished light weights, $9.50. Cattle —Receipts, 825; calves, 300: butchers, heifers, mostly 25c higher; other cattle active, steady: bulk desirable, 600800 lb. heifers. $10.50® 12.50; some higher; good around. 1,000-lb. steers. sl3: plain steers. $10612: beef cows. $76 8.50; low cutters and cutters. $4.75®6.25; bulk bulls S7B 9: vealers. steady, top. sls: bulk. $116: 13 Sheep- Receipts. 100; steady; choice, light lambs. $11.50 down; good light ewes. $5.50. Bu Times Bnrcial _ LOUISVILLE. Feb. 17.—Hogs—Receipts, I, market, medium; hogs, 10c higher; all other grades, steady; 250 lbs. up, $10.90; 165-250 lbs.. $1i.60; 130-165 lbs., $10.80; 130 lbs. down, $9.30; roughs, $8.90; stags. $8.30. Cattle—Receipts, 800; market. steady; prime heavy steers, sll612.50: heavy shipping steers. $lO@U; medium and plain steers, $8.50610; fat heifers. $8012: good to choice cows. s7@ 9; medium to good cows, $5.50@7; cutters, [email protected]; canners, $3.5065; bulls, $66. 9.25; feeders. $8610.75; stockers, $7,506 11: calf receipts, 700; market, steady; tops, $12.50, good to choice. $11612.50; medium to good. $9611; outs, $8 down. Sheep—Receipts. 50; market, steady; ewes and wethers, $10.50611; buck lambs, $9.50 610; seconds, $668; sheep. $4,506:5.50. Saturday’s and Sunday’s shipments—Cattle. 50; calves. 353; hogs, none; sheep, none. Bu United rrrss TOLEDO. Feb. 17.—Hogs—Receipts, 600: market, 25c higher; bidding, active; heavies. $10.406 10.80; mediums. $11,506’ 11. yorkers, $10.50 6 10.75; pigs. $10,506 10.75. Cattle—Receipts, 125: market, steady; calves, receipts, light; market,steady. Sheep and lambs—Receipts, light; market, slow. Bu United Press FT WAYNE. Ind.. Feb. 17.—Cattle—Receipts, 50; calves, 25; hogs, 400; sheep. 50; hog market, 15 625 c cents higher; 120 lbs. down, $9.75; 120-140 lbs., $10.25; 140-160 lbs.. $10.90; 160-200 lbs., $11.50; 200-225 lbs., *11.40; 225-250 lbs., $11.20; 250-300 lbs., $10.90; 300-350 lbs., $10.60: roughs, $8.50; stags, $6; calves, sls; lambs, $lO. Bu United Press EAST BUFFALO. Feb. 17.—Hogs—Receipts, 3.600; holdovers, 400: snappy trade to all interests; unevenly. 35 6 75c higher; mostly 25650 c over average; bulk. 120-210 lbs., $120)12.15: 230-250 lbs., $11.506 13; packing sows, $9.50@10. Cattle—Receipts. 1,450; light steers and yearlings, 25 6 40c higher; weighty kinds and cows, about steady; good steers and yearlings. $136 14.25; medium and shortfeds, SlL2s® 12.75; common steers and heifers. $9.756 11.25; fat cows, $7.5068.75; cutter grades, $4.2566.25; calves, receipts. 1.200, vealers. unchanged. $16.50 down. SheepReceipts. 9.000; lambs, slow, weak and lower; good to choice. 85 lbs.. $11.75612medium and strong weights. $10011; aged stock, steady. Bu United Press CLEVELAND, Feb. 17.—Hogs—Receipts, 3.400: holdovers, none 25 6 35c. higher; mixed 150-260 lbs.. $11.60® 11.75; butchers around. sll 25: pigs. $11; sows, $8.7569; stags. $6.756 7. Cattle —Receipts. 800: steers active strong common to medium kind around. $10.85® 11.50, load lots upward to sl2. and $12.25, cows steady to lower, fat offerings. $76 9: cutter grades. $5 § 6 mostly. Calves—Receipts. 600; steady, ve.-’ers $16816.50: medium kinds largely, $13614.50; culls downward to $lO. Sheep —Receipts. 2.000; steady or around, sll 612 on better grade lambs, bulk medium throw-outs. $lO6 10.50; fat ewes around $607, steady to easier. Bu United Press PITTSBURGH. Feb. 17.—Hogs—Receipts 3.500; market, strong; handy weights and pies, 25 cents higher; 150-220 lbs.. sl2; 235-500 lbs.. $11.50611.90; 100-130 lbs., $11.506 11.75: sows. $969.25. Cattle—Receipts. 11200: market, steady to 25 cents lower: top 1.237-!b. steers. $13.50; bulk. $10,50 8 13.50; fat cows, mostly. $6.50®8.50; few heifers. $7,506.11: most, bulls. $709. Calves—Receipts, 600; market, steady: top vealers. *16.50. Sheep—Receipts. 2.500: market weak to 25 cents lower; choice handy weight Jambs. sl2; clippers. *10.500 11: fat ewes. *566.50.
Local Wagon Wheat
Citr grain elevators ar paying SI.OB (or No. 2 red wheat and *1.04 lor No. 2 hard wheat.
THE INDIANAPOLIS TIMES
New York Stocks (By Thompson & McKinnon)
—Feb. 17— , Railroads— Prev. High. Low. 12:00 close. Atchlscn 236 235% 236 2364* Atl Coast Line 170 Balt & Ohio -. .117 1 v 117% 117% 117% Canadian Pac ..216% 215 218% 216% Chesa & Ohio ... 231 Chesa Corn 75 74’* i4’' ;4 s Chi <fc N West 8 <4* 88* Chi Gr= West ,*}•* CRI&P 123’a 124 Del ds Hudson ;;; *75 * Dei & Lacka 140 148;* Erie . . .... 62% 61=5 61% 61’,* Ene Ist pfd 62% 61% 61vs ... Grt Nor 98’* 98’* Gulf Mob & Oil 454, 44*8 45% 44 Vi 111 Central Lehigha Valley., ... =5% <6 5, m°k &f. 57H ’5% 57% 52 N Y Centra! . . .190% 1891* 190=5* 190 N Y C Si St L N Y N H & H I2o’a 121 Nor Pacific 23 • 23 4 Norfolk Si West 3*6% O & VJ ~ •••, 15*4 Pennsylvania .. 84% 83;* .S?’ 4 Souther,! Ry ...131% 130% }30% 131 a Southern Pac... . ••• “ St Paul 25 4 25 25% 35'a St Paul pfd 44'a 43** 44% 44 s St L St S “3 Union Pacific . ■ ... ■■■ 228 * West Maryland.. 28 =* 27’* 28 * 28 Ajax * 2 = . Fisk ••• 3 * 3 F Goodrich 47=* 47=4 47'* *7 Goodyear 81 % <9 81V* 81 , Kelly-Spgftd 5% 5 5 i United States 27 * 2i% 2,4a h r Equipments— Am Car & Fdy.. 80’* 80 80 80 Am Locomotive 100=, 99=4 100* 100 Am Steel Fd 50 50 Am Air Brake Sh 49=4 49 * Man Elec Sup 33 33 Gen Elec (new) 75% i4% 74=4 75 * Gen Rv Signal. 95 94 95 95% Gen Am Tank.. 105’* 105’/a 105% 105*/, N Y- Air Brake ... 46,.? Pressed Stl Car.. 14% 14% 14 * 14 * Pullman 84% 83% 84% 84^a Westingh Air 8.. 491* 48’, 49 s 48 .* Westingh Elec ..1i2% lil'/i lil*/ li * Mills —IOO% 98 99=4 93^ Bethlehem 101% 100% 101 100* Colorado Fuel... 56’/* 56 56 55 )* Crucible “JJ,, Gulf States Stl.. .. ... ... Otis 34% 34% 34% 34% Ren Iron <fc Stl .. ... 77* <8 * Ludlum 42 Va 4* *+ jf. f vpwtYin . .. ••• ... U S Steei 186*4 185% 185=4 186 Alloy 33% 33% 33 a 33* Youngstown Stl 130 134 * Vanadium Corp. 71% 66** 70 71 Am Bosch Mag 51 50 51 3* Briggs 15% 15=4 lav* 15% Chrysler Corp.. 37=4 36% 37 37 * Eaton Axle 34% 34=/2 34% 35 Graham Paige.. ... ... =" Borg Warner... 40% 4k> 4040 Gabriel Snubbrs ... ••• .2-, General Motors. 42% 42% 42% 42 a Elec Stor Bat... 75 74'% 74% ... sa,*? c .r. -i7* •* M $% Kfm-::::::;;::: ::: & >jj SSf mon .::;::::. -ife 8$ Sfi SKSW::: >$ ii’i 88 8 88 Peerless 12** 12% 12% 13 Pierce Arrow .. ... ... 23,* *3 * St.udebaker Cor 44 5 /* 44% 44% 41 -j Stew Warner 39% 39% Timken Bear... 77 76% 76 4 ;7 * Willys Overland ... ... 9% | ="* Yellow Coach... 21% 20% 20Vs 22 White Motor 34 ' Am Rfg 73% 72% 72% 74% Am Metals .... 48 47% 48 47% Anaconda Cop.. i5% 73* 73 e =5 Calumet &. Art? 82% 83 82% 83 * Calumet & Hecla 30*4 30% 30** 30=/, Cerro de Pasco. ... - - 52 ... Granbv Corp ... 57 56% 56% a7 , Gt Nor Ore 23 Inspiration Cop *8 ... Howe Sound *B% 38 Int Nickel 37% 36% 36% 37% Kennecott Cop.. 5i% 57=/s 57% -‘ * Miamt Copper.. ... ... 30% 30% Nev Cons 29V* 28% 28 : 29 Texas Gul Sul.. 63V* 62% 62V* 63% Toa 543/4 54 54 54% U S Smeit*!.... 33*4 33% 33=4 ... Atlantic Rfg ... 39% 38% 38% 39% Barnsdall A ... 20*4 20% 30* 21 Freeport-Texas. 40% 40% 40% 41 Houston Oil 62 61% 61 , 62,* Indp Oil & Gas 21 20*4 20% 21 Conti Oil 20% 20% 20% 20 2 Mid-Cont Petrol 24% 24% 24% 24 Lago Oil & Tr.. 22% 22% 22% 22% Pan-Am Pet B. 52% 52% 52/s 2 t Phillips Petrol. 29’/* 29% 29% 30% Prairie Oil .... 48% 48 48 48% Union of Cal... 42% 42% 42% 42% Prairie Pipe ... 58*4 58*4 58% 58% Pure Oil 22% 22 22 22% Roval Dutch .. 51% 50% 50% 51% Richfield 22% 22% 22% 23 Shell 22% 21*4 21% 22 Simms Petrol .. 24. 24 24 24 4 Sinclair Oil 22 21% 22 22 /* Skelly Oil 29% 29% 29% 29% Std Oil Cal 58% 57% 58% 5, * Std Oil N J.... 59% 59 a9% 60 Std Oil N Y.... 32 31% 31*4 32=4 Tidewater 11% 10% U% l§/ Texas Corp .... 52% 51% 51 * 52% Texas C & 0.. 9% 9% 9% 93% Transcont 8% 6% 8% 8 2 White Eagle 27 Ad*v d ßumelT:.. 16*4 18H 16% 16% Allis Chalmers. 59=4 59 59V, 59% Allied Chemical ... J i6 ,* A M Byers.. 85% 84% 85% 84 : 4 Amer Can 36% 36’* 36 4 1% s Alleghaney Corp 33% 32 33 33 /, ASefl f ce y RaZ :: 36% ’36% ’% ' Bon Alum .ii/= Conti *Can '60% ’61% 60% Certainteed ••* lj' 6 Ooneofeum ".... 17% ij% i7 17 Curtiss W 9% 9% 9% 10 Davidson Chem 34% 33% 34% 33% Dupont 126% 126% 126 n 125 Famous Players. 64% 63% 54 1 * sa Gen Asphalt,.... 54*, 4% 34% 55 Fox A 27% 26 4 2i s 38 * Gold Dust 43 42% 43 42% Glidden 33% 33 7 s 33 a 34*. Int, Harvester.. 90% 90=4 90% 90% Kelvlnator 1344 13 13% 13 4 Lambert 102% 102% 102 * 103 Link Belt 45 44 % 44% 45 jr Loews 2 3 4 33 Montgom Ward. 45% 42% 45% 42*s Natl C R 75% 74% 75>% 76 Radio Keith .... 30V* 30 30 30 4 Owens Bottle .. .. ••• Radio Corp .... 42% 41% 41V* 41 , Rem Rand 36% 35% 36% 36 Sears. Roebuck.. 90% 88 90 4 89 a Union Carbide.. 92*4 19% 92% 93 Warner Bros .. 60% 59% 60 60 4 Un Air Craft.. 48% 47% 48=4 47* TTniv Pioe .... 4 1 .* 4 , /a 4Va 4vb DSCsfr Pipe.. 31% 30% 31% 31*4 U S Indus Alco.ll7 9 /s 117 5 /8 Worthington Pu 81 81 81 ... Wool worth Cos.. 63% 62 Vz 62 *4 63 4. Am 1 TCl** - Tel. .231% 230 236% 230% Am Pr & Lt.,.. 94% 94% 94% 95*4 Eng Pub Serv.. 56?* 5% 56 56 Am For Power.. 94% 93*4 94% 84% Am Wat Wks. .104% 103% -04 104*4 Gen Pub Serv.. 45% 44% 45 44% Col G& E 80% 88*4 89% 89% Consol Gas 119 117 118% 117 * Elec Pow & Lt.. 63% 62% 63% 64% Int TANARUS& T 71 69% 70% 70% Nor Am Cos 106 104% 105% 106% Pac Light 91% 89% 91% 'BBV* Pub Serv N J.. 93% 92% 93% 93% So Cal Edison.. 63 62 % 62% 62*, Std Gas & E1..121% 119% 121 120*/, United Corp .... 39*4 38% 39% 39 Utilities Power .37 36* 36% 31% United G & Imp 36’/* 38% 38% 39 West Union Te 1.212 212 212 312 Am h lnti n^7orp. . 42% 41*4 41*4 42% Atl Gulf &W I 70% 70 70 70% Int Mer M pfd.. 26% 26% 36% 27 United Fruit 97 96 97 96 Foods— Am Sug Rfg.... 61% 61% 61% 61% Beechnut Pkg.. 68 68 68 ... California Pkg.. .. ... 73% Canada Dry .... 72% <2% 72% 72 Corn Products.. 94% 94% 94’, 95% Cont Bak 51% 50=4 51% Borden 64% 64% 64% 64% Cuban Am Sugar 8%
On Commission Row
Fruits Apples—Delicious, box extra fancy. $4.75; fancy. $4: Baldwins. $2.50; Grimes Golden. [email protected]; Northern Spies. $2.25; Wlnesap. $2.2582.50. Cranberries—Box of 25. SB. Grauefruit—Florida, $4.75@5; Texas, *5.2506. Grapes—California Alemeria, $3.75; Emperor. $3. Lemons—California a crate. $6,2507. Limes —Jamaica. *2.50 a hundred. Oranges—California navals. $4.7507.75. Strawberries—ss@6oc per quart. Vegetables Beans—Florida. [email protected] a hamper. Beets—Texas. *3.50 a crate. Cabbage—Old. sc; 6c a pound. Celerv—Florida. *[email protected] a crate. Cauliflower —Colorado. *2 a crate. Cucumbers—Florida. $3.50G4 50 a crate. Eggplant—*l.7so2 a dozen. Kale—Spring. 90c to *1 a bushel. Letuce—California Iceberg. *3.7504.35 a crate: home grown leaf, a bushel. *1.65 01.80. /e Onions—lndiana yellow. *2.2503.50 a 100-lb. bag: white. $2.50 a 50-lb. bag Parsley—Southern, dozen bunches. 75c. Peas—California. 45-lb. crate. *5.50. Peppers—Florida, a crate. SB. Potatoes—Wisconsin. *4.50 a 150-lb bag; Minnesota. *3.10 a 100-lb. bag; Red River Ohios. 120 lbs.. *3.7563.85; Idaho Russets, *3.75 a 100-lb. bag. New Potatoes—Florida Cobblers. 50-ib. crate. $3.25; Texas. Red. 100-lb. bag. *6.50. Sweet Potatoes—Nancy Halls. *l-75 a hamper. Opossum brand. Indiana jerseys, $2.75® 2.85 per bu. Rhubarb—Home grown, hothouse, 5-Ib. btmeh. 65c. Sassafras—lndiana, 30c a doi.
Grand Union ..18 16 16 18% Grand Union pfd 38’* 38’* 38% .. Jewel Tea 50*, 50 % 50V* 50% Kraft Cheese .. 45% 45% 45% 45** Kroger 42% 42 42 42 Loose-Wiles ... 59% 59% 59% 59% Natl Biscuit 206 = * Natl Dairy .... 51% 50% 50% 50% Purity Bak .... 87’, 86% 86% 67% Loft 4% 4*. 4% 4% Ward Baking B 6% 6% 6% 6% Stand Brands.. 27=.* 27% 27% 27% Tobaccos— Am Sumatra ... 25% Am Tob B 235*, 234 235*, 236 General Cigar.. .. . . . 58 Lig & Mvers.. 94% 93% 93% 93% Lorilard . 1 23% 33% 23% 23% R J Reynolds.. 54% 54% 54% 54'. Tob Prod B 5 5 5 5 United Cigar St . ... . 6 Schulte Ret Strs 9% 9% 9% 9%
The City in Brief
TUESDAY EVENTS Rotary Club luncheon. Claypool. Gvro Club luncheon. Spink-Arms. Mercator Club luncheon. Columbia Club. Purchasing Agrnts Association, Severin. American Chemical Society luncheon, Chamber of Commerce. Universal Club luncheon, Columbia Club. Exchange Club of North Indianapolis luncheon. 3810 College avenue. Indianapolis Republican Veterans. Inc., luncheon. Board of Trade. Young Democrats’ Club meeting, Lincoln. Phi Gamma Delta luncheon. Chamber of Commerce. University of Michigan Alumni luncheon. Lincoln. Alliance Francaiae luncheon, SplnkArms. Indianapolis Medical Society meeting. Athenaeum. Indiana Shoe Travelers’ Association convention, Claypool. Charles Milton Newcomb will speak on “Laughs and Laugh Makers,” a,t the Rotary Club luncheon at the Claypool, Tuesday. Suit asking $15,000 damage wa s filed in federal court against the Pennsylvania railway company by Miss Etta Parsons, through her friend, Jessie M. Bryant, for injuries allegedly sustained when Miss Parsons was struck by a freight train at t.he Lyndhurst drive crossing Aug. 24, 1929. Resolutions memorialising the late George N. Mannfeld, supertendent. of fisheries and game in the Indiana eanservation department, were adopted recently by the Indiana Audubon Society and by the Indiana Fish, Game and Forest League. Mannfeld died Jan. 8. Robert White and Jesse Pritchett, Indianapolis, are members of the committee in charge of the second semester dance to be held within a few weeks under auspices of the Butler university chapter of Utes Club, sophomore honorary fraternity for men. Doctors Norman M. Beatty, S. Leonard, William Shimer and Frank Cregor, will be on the program of the Indianapolis Medical Society at the Athenaeum at 8:15 p. m. Tuesday,
Dr. P. H. Welsbimer of Canton, 0., will lecture Wednesday, Thursday and Friday before College of Religion students at Butler university. Other students are invited. Miss Roberta Hawkins will have a leading role in “Saul of Tarsus,” to be given Feb. 26, 27 and 28 at the Murat theater under sponsorship of the Indianapolis Christian Ministers’ Association. At the weekly meeting of the Advertising Club of Indianapolis, Thursday noon in the Columbia Club, W. G. Jamison of Chicago, regional co-ordinator of the bureau of foreign and domestic commerce, will speak on “The Elimination of Waste in Distribution.” Members of the Young Democrats’ Club will hear Albert Stump, attorney and Democratic candidate for the United States senate, speak at their weekly meeting Tuesday , night In the Lincoln. Russell J. Dean, president, will preside. The Edwin Dunlavy cup for atcorps presented an American flag to the pastor of East Park M. E. church at the morning worship service Sunday. While the congregation sang the national anthem, Mrs. Rosie B. Pence, patriotic instructor of the corps, and Mrs. Lulu Hartzog made the presentation, Ehe Edwin Dunlavy cup for attendance hours was awarded to Epworth League members of the Broadway M. E. church at the final meeting of the winter institute in the Central Avenue M. E. church Saturday night. The following civil service commission competitive examinations were announced today by Henry M. Trimpe, local secretary: associate in historical research, department of state; junior copperplate map engraver, geological survey; hydraulic engineers, war department; assistant geologist, department of interior; bookbinder, government printing office, and occupational theapy aid, veterans bureau hospitals. Fred Hoke of Holcomb & Hoke Manufacturing Company, former president of the Chamber of Commerce and Indianapolis Community Fund, will address the Universal Club on “Conditions in Business as I See Them,” Tuesday noon at the Columbia Club. The Rev. Francis D. McCabe, rector of St. Matthew’s Episcopal church, was one of twenty rectors throughout the country chosen to attend a pre-Lenten Protestant Episcopal church conference at the College of Preachers in Washington beginning Tuesday. J. F. Van Wickel, United States commercial attache at The Hague, will speak on trade conditions there before the Indiana World Trade Club luncheon Friday at the Chamber of Commerce. Sam P. Ochiltree, Associated Press bureau manager, will speak before the Kiwanis Club luncheon at the Claypool Wednesday. Real Silk Hosiery Mills opened the new $50,000 plant cafeteria, providing for 715 persons, today at noon. Twenty-four-hour service will be provided and twenty-seven persons will be employed. NEW YORK COFFEE RANGE —Feb. 15High. Low. Close. Januarv 7.20 7.20 7.29 March 8 40 E. 32 8.33 May 7.85 7.80 7.80 July 7.57 7.53 7.53 September 7.40 7.38 7.38 December 7.23 7.25 7.23
WHEAT AT NEW LOW POINT FOR PRESENT TEAR Decline in Liverpool and Argentine Trade Forces Market Off. Bu Vtided Prtge CHICAGO, Feb. 17.—Decidedly weak foreign cables sent wheat tumbling to new lows for the season as the board of trade opened today. Liverpool opened weak and fell to 1% c. to 1 =ic lower and Buenos Aires fell after the opening to 2 cents lower. Absence of demand with pressure from Canadian and Argentine wheat forced Liverpool down while a lower exchange rate affected Buenos Aires. Corn and oats were off sharply with wheat. At the opening wheat was 1 to 2 cents lower: Corn was % to 1 •%. cents lower and oats was % to % cent lower. Provisions were weak. Sharply lower Liverpool markets and the suspension of a large grain elevator firm on the Winnipeg exchange aded to the bearish sentiment in wheat today. Local traders are not forcing the selling, expecting that the farm board will support the market. All foreign news is bearish with demand falling off and buyers waiting confidently. Large corn receipts are expected today which may cause some pressure. Prices Saturday were within a fraction of the season’s low and traders are acting cautiously. Hedging by cash interests in oats during the past several days has had a depressing effect. Otherwise the market is running along without feature. Chicago Grain Table —Feb. 17— Prev. WHEAT— High. Low. 12:00. close. Mar 1.14 1.13 1.13% 1.15% May 1.18% 1.17 I.lß*/* 1.20 July 1.19*4 118% 1.19=4 1.21 CORN— Mar .85*4 .84% .85% .86% May 89'/* 88% .89 .90% July 92 .90?* .91 ,92% OATS— Mar 43% .42*4 . 43'* .44% May 45% .43% .44% .45% July ,44% .43% .43?* .44% RYE— Mar 91% .80% .80*4 .82% May 82 .80% .81 .82% July 82% .81 % .81 % .83% LARD— Mar 11.05 11.00 11.05 11.02 May 11.25 11.17 11.25 11.20 July 11.45 11.37 11.45 11.42 Rv Times five,rial CHICAGO. Feb. 17.—Carlots; Wheat. 9; corn. 264; oats, 48; rye. 3, and barley. 12.
Investment Trusts
—Feb. 17Bid Asked American Founders, new 36% 27*4 Basic Industry Shares 8% 9=/* Corporate Trust Shares 9 9% Fixed Trust Shares A 20 Fixed Trust Shares B 18?4 ... Investment Trust of N Y 11% 12 Leaders of Industry 11% 12 N. American Trust Shares 9% 10 Petroleum Trading corp A... 20 25 Reybarn Cos 10 20 S W Strauss Inv Cp Units 52 58 Trustee Std Oil Share 11% 11% U S Elec Lt & Pwr Sh. A 39% 42% Births Theodore and Viola Robinson, 1052 North Alton. Lawrence and Florence Verbarg, St. Vincent's hospital. Walter and Agnes Taylor. 5239 English. William and Florence Conley. Coleman hospital. Edward and Dorothy Huber, Coleman hospital. Wilbur and Mary Stone, 2142 Highland place. Curtis and Lena Wilson. 804 Torbett. Robert and Clarissa Kerr, 1808 Martindale. Ebert and Arnetta Eatherly, 725 Hadley. Albert and Nanie Harris. 841 Indiana. Boys Leonard and Edith Richeson, 3222 Northwestern. Robert and Ruth Tuttle, St. Vincent's hospital. Carter and Frances Toon, St. Vincent’s hospital. Eli and Helen Cotes. 2178 North Olney. Robert and Stella Adcock, 1301 Lexington. Marshall and Eliza Fowlkes. 1918 Hovey. William and Grace Abel, Coleman hospital. Herman and Lola Green, 1645 Holiday. William and Icy Wilson. 1905 Bellefontainc. George and Eliza Francis. 240 North Blake.
Deaths Morris Gross. 85. 3027 Washington blvd., acute bronchitis. Anna Kent, 66, St. Vincent's hospital, acute cardiac dilatation. John Kent, 38. 206 North Richland, chronic bronchitis. Llovd Carey, 24, city hospital, septicaemia. Goldiana George. 48. Long hospital, cerebrospinal meningitis. Ramus Lewis Yount. 20, city hospital, cerebrospinal meningitis. Martha Johnson, 82. 64 Dearborn, apoplexy. John Alvin Abbett, 85. 1631 Holliday, broncho pneumonia. Josephine M. Teetor, 77. 3840 Park, arteriosclerosis. . _ Emma B. Minter. 50. Central Indiana hospital, chronic myocarditis. Harriet E. Jackson. 35. 536 Drover, pulmonary tuberculosis. Edward A. Rink. 62. St. Vincent’s hospital. septicaemia. Mart- Joe Beard. 10 days, 103 East Morris. purpura hemorrhagica. Clyde A Manker. 53, 2218 Vi East Washington. acute dilatation ol heart. Helen Barnard. 15. Christian hospital, accidental. .... ~ , Virginia Stuphin. 22. Methodist hospital, septicaemia. Margaret David. 64. St. Vincent’s hospital. septicaemia. Minerva F. Undike. 73. 812 East Twentyfirst. myocarditis. „ Henry David Grothaus. 63. 412 Orange. pital. carcinoma. _„ , Minnie Rafoth. 72. 1026 Willow Drive, acute myocarditis. . ... Ira Russell Ebersole. 32. city hospital, acute myocarditis. . . , Luella Durham. 48, 2715 Jackson, earCl GotHeib Karl Batz, 44. 725 East Orange. septicaemia. .. _ Edna Faye Johnson. 15. 2820 North Dennv. pulmonary tuberculosis. Louisa Plummer. 72. 3214 GulUord, mitral regurgitation. Wm. Martin Hudelson, 71. city hospital, chronic myocarditis. CITY TO PAY OLD BILLS Council to Get $65,000 Ordinance to Retire Holdover Debts. Ordinance to appropriate $65,000 with which to pay unpaid bills of the 1929 city administration will be recommended to the city council tonight by Sterling R. Holt, city controller. The bills are those rendered after 1929’s balance was turned into the 1930 general fund. Delay was expected in action on an ordinance to buy stokers for city hall, pending further investigation of cost, by the works board. Former Policeman Killed Bu United Press BEDFORD, Ind., Feb. 17.—Everett Anderson, 28, of near Paoli, former night captain of Bloomington police, was killed instantly when an automobile In which he was riding overturned. Two other men in the car escaped injury. Anderson was discharged from the police department for beating a high school boy during questioning concerning a robbery. He served a ninety-day sentence at the state penal farm as a result.
Indianapolis Stocks
—Feb. 17Bid Ask Amer Central Life Ins C0..1.0W) Belt R P <& S Yds Cos com.. 61 64 Belt R R ft S Yds Cos pref... 55 60'* Bobbs-Merrtll Cos 29 33', Central Indiana Pow Cos pref.. 90 95 Circle Theater Cos common... 105 Citizens Gas Cos common..., 36 Citizens Gas Cos pref 94% 99% Commonwealth L Cos pf 77.. 98 Commonwealth L Cos pf 8% 98 = 2 Hook Drug Cos common 47 51 lud Hotel Cos Claypool com... 125 Indiana Hotel Cos pref 100 Indiana Service Corp pref .... 80 Indianapolis Gas Cos common. 56% 61 % Indpls Power A/ Lt Cos pfd...103 1 04V* Indpls Pub Welf Loan As com 50 ... Indols St Ry Cos pfd 28 30% Indianapolis Water Cos pfd 97 Interstate P S Cos pr 8", L of 87 = j 91 Interstate P S Cos pr 7% L pf. 100% 103 Metro Loan Cos 98 =. Northern Ind Pub 6% co pfd. 95 100 Northern Ind Pub 7%, Cos pfd4loo6 102 Progress Laundry Cos common 46 49 E Rsub As Sons Fer. Cos pfd 50 Real Silk Hosiery M. Inc. pfd 90 Shareholders Investors Cos .24 Standard Oil Cos of Ind 49% Terre Haute Trac A- 1* Cos pfd 73 Union Title Cos common 40’* 50 Van Camp Prod Cos Ist pfd.. .. 98 Van Camp Prod Cos 2nd pfd. .. 98 •Ex-Dividend. —BONDS— Belt R R A- Stock Cos 4s 90 Central Indiana Gas Cos ss. . 98 99% Central Ind Power Cos 6s 98% ... Citizens Gas Cos 5s .101 ... Citizens Street Railroad 55... 45% ... Gary St Rv Ist 5s 72 Home T Ac T of Ft Wayne 65.102 Ind Northern Trac Cos 5s ... 3 6 Ind Pv Ac Light Cos 5s 95 Indiana Service Corpn 5s 85 Indpls Power and Light Cos 5s 96% 98 Indiana Union Trac Cos 5s . . 5 Indpls Cos! A; So Trac 6.s 96 100 Indianapolis Gas Cos 5s 9* 100 Indpls A- Mart Rapid T Cos 5s 20 Indpls No Trac Cos 5s 9 13% Indpls North Western Cos 55.. 20 Indpls Street Rv 4s 42 43% Indols Trac Ac Ter Cos 5s . 93% Indpls Union Rv 5s 100% Indpls Water Cos 5%s 101 103’* Indpls Water Cos 5s 92 Indpls Water Cos lien Ac ref.. 92 Indpls Water 4%s 91% 93 Indpls Water W Sec Cos 8s 84 Interstate Pub Serv Cos 4%5. 84% ... Interstate Public Service Cos 5s 96 Interstate Pub Serv Cos 4%5... 85 No Ind Pub Serv Cos 5s 97% . No Ind Telegraph Cos 6s 96% T H Ind Ac East Trac Cos 55... 45 T H Trac Ac Light Cos 5s 86 91 Union Trac of Ind Cos 6s 15
TOMB HUNT BLOCKED Excavators Run Into Wall in Egyptian Search. [ Bv Science Service PHILADELPHIA. Feb. 17.—American archeologists digging their way into a 5,000-year-old tomb at Meydum, Egypt, have discovered that the royal owner of the tomb was a clever individual, determined to outwit intruders. A report just received from Alan Rowe, director of the Egyptian expedition of the museum of the University of Pennsylvania states his expedition has encountered an elaborate hoax. Egyptian laborers who built the tomb cut, an opening in the wall and constructed a. brick stairway, such as might well lead down into the burial chambers. At the foot of the stairs came a drop of six feet and beyond this surprise was a tunnel, with a blockade about midway of its length. At the end of the tunnel is a blank wall. Clews indicate the tomb eventually will prove to be that of a royal person closely connected with the Pharaoh Snefru, whose pyramid is near by, the report explains. The tomb is in the form of a mastabah, a construction with sloping sides and flat top. The only mastabah at Meydum, larger than that now benig excavated, belonged to the oldest son Snefru. Marriage Licenses Joseph A. Williams. 28. of Gary, engineer. and Mary E. Cooper. 22. of Piccadilly court. George F. Roberts. 21. of 252 Hendricks Diace. mechiulst, and Dorothy H. Dixon. 19. of 2356 English, clerk. Sexton P. Corcoran. 41. of 5782 North Delaware, managpr. and Mary J. Arnold. 25. of 529 North Tibbs, milliner. Russell E. Tolan. 25. of 830 Bates, salesman. and Georgia J. Mayer. 25. of 4160 West Washington, bookkeeper. Herschell A Tonn. 23. of 2004 Prospect, clerk, and Norma M. Younghaus, 21, of 321 South Hamilton, bookkeeper. Francis Mulbarger, 27. of 940 East Fortieth. chemist, and Alice Siacum. 23, of 2036 North Delaware, stenographer. Herman Gorman. 26. of R. R 2. Box 598. clerk, and Margaret H. Keystone, 22. of R. R. 2. Box 598. clerk. Ernest E. Kellian Jr.. 33. of 2312 North Capitol, research, and Louis G. Hack. 23. of 1906 North New Jersey, manager.
What Do You Know About CHIROPRACTIC? BACKACHE We would be ASTOUNDED if we could know how many lives have been altered because of BACKACHE. No one who has not suffered from this condition can begin to appreciate its telling EFFECT on the GENERAL HEALTH. That CONSTANT, DRAGGING, ACHING PAIN is ever present. In vain is the posture changed. In vain does the patient seek some comfortable position. Only by lying flat on the back is blessed relief brought.* Some patients fall to find relief even then. CAUSES What can be done? The first thing to do is to learn the CAUSE and having learned it to CORRECT it. What then can be the cause of backache? Probably the most common cause is PELVIC DISORDER and a wide range of pelvic derangement can bring about this symptom. Perhaps there is CONGESTION of the KIDNEYS. Perhaps there is an excessive TENSION in the muscles of the back. All these things and more are possible causes. The CHIROPRACTOR’S first responsibility is to DETERMINE the exact cause. “But,” says the skeptic, “what Is to be done then?” The CHIROPRACTOR does the only logical thing to be done. He then determines the cause of the kidney congestion, the pelvic congestion or the muscular tension. Having foimd the cause for this he CORRECTS It through the METHODS which are the particular teachings of this foremost DRUGLESS SCHOOL. The CHIROPRACTOR realizes the hopelessness of temporary relief measures which do not reach the cause. It is for this reason that HE has had such SPLENDID SUCCESS is so many thousands of cases SUFFERING with backache.
Dr. C. A. Beck 2406 Station St. CH. 7801 Dr. J. N. Firth 518 N. Delaware St HI. 2441 Dr. Chas. Rowe 1208 S. Meridian St DR. 4465 Dr. Gertrude Hlnshaw 6835 Beliefontalne St. HU. 6360 Dr. Charles W. Sharp 3322 E. 10th St CH. 7835
FEB. 17, 1930
STEEL INDUSTRY HITS STRONGEST TREND IN YEARS Largest Volume in 10 Years Recorded by Westinghouse Electric Cos. Bn United Press NEW' YORK, Feb. 17.—Increased, activity in the steel industry and signs of an early return to norma! in the employment situation were outstanding factors In business in this country last week. According to the department of labor, there has been seasonal improvement for workers in clothing plants, steel mills and automobile factories, although building construction has declined. The department expects the upward trend to continue and predicts that “within sixty to ninety days the country will be on a normal employmen! basis.” . Steel Oi>cratlons Ip Steel operations have increased to nearly 80 per cent, of capacity, a gain of 2 per cent in the past week and only 6 per cent under a year ago. Orders are continuing to pile up. The United States Steel Corporation reported an increase of 51,517 tons in unfilled orders during January to the highest total in the past four years. ' The Westinghouse Electric and Manufacturing Company entered 1930 with approximately $65,000,000 in unfilled orders on its books, according to Dow, Jones <fc Cos., the largest volume in nearly ten years and 40 per cent above orders at this time a year ago. Other electrical manufacturing 1 companies are also active, with electrification projects of several railroads stimulating work. Machinery lines, including farm equipment, are generally more active than at this time a year ago. Automobile companies manufacturing lowerpriced models are reported to be stepping up production but sales in the higher priced lines are lagging. Retail Trade Gains Retail trade has been fairly brisk because of warmer weather, but profits of many of the chains are said to be declining as a result of stiff competition, although sales are above a year ago. Heavy retail business, nevertheless, is regarded as significant of the improvement in general conditions. This improvement was reflected in a firmer tone in stocks during the past week, many Issues on the Stock Exchange selling at their highest, levels since last October. Activity n railroad shares was based on expectations of favorable car loadings in the next few weeks. Loadings -n the last week of January were above the preceding week but were below loadings in the same week of last year. 0. E. s7 IN INITIATION Brightwood Chanter to Celt irate Job’s Daughters Night. Brightwood chapter, O. E. S., will celebrate Jobs Daughters night by initiating a class of candidates tonight. Stations will be filled by former officers of Bethel No. 9, of Indianapolis. Mrs. Susie Masters, £irand guardian, will serve as worthy matron. Engagement Is Rumored fin United Press NEW YORK, Feb. 17.—The New York Daily News said today it was understood Muriel Vanderbilt Church soon would announce her engagement to L. M. Battson. California, broker. •
Dr. W. E. Houston 627 K. of P. Bldg. 81. 5823 Dr. Frank Wright 602 Occidental Bldg. 81. *757 Dr. Harry K. McHroy 604 State Life Bldg. LI. 6763 Dr. W. H. Gwynn 2856 E. Wash. St. CH. 4946 Dr. Wm. C. Ellery 90S Odd Fellow Bldg. 81. 7941
