Indianapolis Times, Volume 41, Number 242, Indianapolis, Marion County, 18 February 1930 — Page 14

PAGE 14

JNITED STATES STEEL SHARES HIT HIGH POINT Tickers 11 Minutes Behind in Sudden Burst of Trading.

Average Stock Prices

Avfraup of thlrtv industrials for Monday as 370 54. up 1.39. Avenue of twenty ratls was 155.09, off .15. Average of twenty utilities 96 85. up 128 Average of forty bonds was 93.80. off .01. Bu Un<t'4 Tress NEW YORK, Feb. 18. —Buoyancy of United States Steel stock renewed strength in utilities, especially the communications, and brought the stock market into sharply higher ground today. After opening strong at a pace of more than 6.000,000 shares for a full session, the list advanced farther and then ran into profit-tak-ing, from which it was emerging arorod noon. all groups participated in the rue and gains ranged to more than tve points. Oils were dull, but heW fccir own. Tickers ran eleven minutes behind the market in the first half hour and then gradually caught up, being nearly abreast of the trading at nocn. Steel Production Up United States Steel rose to within % point of its high for the year of 189‘4 compared with the previous close of 186 Th. Buying was spurred on by announcement the company was now operating at between 85 and 36 per cent of capacity. This compared with operations of 83 to 84 per cent a week ago and 80 per cent tw o w eeks ago. The independent steel producers were operating at 77 per cent, against 76 per cent a week ago and 73 per cent two weeks ago. The steel Industry as a whole was placed at 81 per cent, against 79 per cent a week ago and 76 1 - per cent two weeks ago. A. T. & T. Active A year ago the steel corporation was at 90 per cent; independents at 86, and the industry as a whole at 88 per cent. Steel buying was reported good for the automobile companies and railroad equipment makers. Other steel shares followed United States Steel into higher ground. Trading in the independents, however, was relatively quiet. Gulf States and American Rolling Mill gained simultaneously on news the two companies were to merge. Good gains were made by Bethlehem, Ludlum and Vanadium. American Telephone ana Telegraph was one of the active favorites in the utility group. It soared to anew high for the year above 237, compared with the previous close of 232'.,. Sales Increased American Can gained a point and gains of one to more than two points were recorded in Warner Bros. Pictures. Fox Film A. Loew's. Inc.. Celotex, Johns Manville. Public Service. Westinghouse Airbrake. Pressed Steel Car. Radio Corporation. Wool worth, Brooklyn Union Gas and Westinghouse Electric. National Biscuit spurted nearly six points. Radio Corporation picked up in activity and advanced sharply in the early afternoon and the entire list resumed its stride forward. At noon sales totaled 1.728.400 shares, against 1.341.000 yesterday. Call money renewed at 4’i per cent and held at that figure.

Banks and Exchange

INDIAN Arons STATEMENT Indianapolis bank clearings Tuesday, Feb. 18. *3.586.00 debits. $8,543,000. CHICAGO STATEMENT Bv United Press CHICAGO, Feb. 18 Bank clearings. *139.30,000. balances. *12.100.000. NEW YORK STATEMENT Bit Unitnl Press HEW YORK. Feb 18.—Bank clearings, *1 410.000.000 cleerlnK bouse balance. $183.000 000 federal re.serve bank credit balance. $169,000,000. TREASURY STATEMENT Bit United Press WASHINGTON. Feb IB Treasury net balance Feb. 15. vgs *25.319.983.51; cmto:ns recetpts fnr the month to the sarre date totaled $18,227,735.37. Government expenditure* on Feb. 15 w ere *5 055.583 34. ORGANIZATION DELAYED New Election Commission to Name Chairman, Other Officers, Meeting of Republican election commissioners, scheduled to be held today in the offices of County Clerk George O. Hut sell, was de.a: ed until Wednesday. Hutsell announced. General rumors are to the effect that George L. Denny is slated for the chairmanship: Harry Toner, Democratic member, for the rice chairmanship, and Hutsell for the 'xwt of secretary In the Air Weather conditions in the air at 9:30 a. nv: Southwest wind. 8 miles an liour: barometric pressure. 30.26: temperature, 45: ceiling unlimited; visibility. four miles: field soft.

We Offer American Loan Company l°fc Preferred and Common Stock This Is the first time the public has had an opportunity to share in the entire profits of this rapidly expanding company. NON-TAXABLE NON-SPECULATIVE __ An unusual investment yielding attractive quarterly income. Unit#—l Share Preferred. 1 Share Common, slls Detailed Circular or Request UMPHREY 6c HARTZ 547 Bankers Trust Bldg. LI ncoln 8439

Business — and — Finance

Bv United Press PITTSBURGH, Feb. 18. The Newton Steel Company plant started operations Feb. 17 at Monroe, Mich., it was announced here Monday. The plant recently was completed after a year’s work. It will be used to produce full finished sheets for automobiles. The Newton Steel Company. Incorporated in Ohio in 1919, was organized for manufacturing full finished steel sheets, steel furniture and stamping industries. The directors of Federal Capital Corporation have Increased the cash dividend on the common stock by declaring a quarterly disbursement of 20 cents a share on the $5 par value common stock. In addition to the stock dividend which Is being paid at a rate of 4 per cent per annum. The directors also voted a regular quarterly dividend of 37% cents per share on the $2 par value preferred stock. The Increased cash dividend rate on the common stock places It on an annual basis of 80 cents per share, as compared with the former annual rate of 75 cents per share, and Is equivalent of 16 per cent on the $5 par value common stock. I.UIy-Talli* Cop Corporation In ll first annual report since the merger of the Pohllc Service Cup Company and the Tulip Cup Corporation, shows net earnings for the year ended Dec. 81. 1929, after federal taxes, of $624,404.82. equivalent after $21,000 paid on the 3.000 Share of Series A 7 per rent convertible preferred stock, of $3.31 per share on the 183.000 shares of no par common stock outstanding. The New York Stock Exchange with a regular trading session of 36,000 shares: the First National Bank with a capital of $500,000. the Chase National bank with undivided profits of $44,000! No doub* this sounds like the bad dream of a discouraged plunger. But it is merely a glimpse of the state of affairs not so long ago. as revealed hr "Wall Street Ventures and Adventures." by Richard D. Wyckoff, just published by Harper & Brothers. Airport I.lghtlng, Inc., announces the completion of a contract with the General Electric Company, under the terms of which the General Electric Companv becomes the manufacturer of the above company’s special equipment. A basis of reciprocal sales policy Is embodied In tbe contract, so that the General Electric Company will actively assist In the promotion of sales and generally recommend and catalog the System of Airport I.lghtlng, Inc., while the latter company will act as a national dealer for the General Electric Company, quoting recommending and selling all standard General Electric equipment appliable to the wiring and Illumination of airports, parallel with Its own. Certificates of deposit representing the 7 per cent cumulative preferred stock of Republic Iron and Steel Company and the 7 per cent cumulali e preferred stock of Central Alloy Steel Corporation have been admitted to' trading on the New York Stock Exchange. Directors of Russeks Fifth Avenue, Inc., have declared an initial quarterly dividend of til cents a share on the capital stock, payable March 1. to stockholders of record I’eb. 25, thus placing the shares on a ? 1 .'JO annual dividend basis. The world's production of metallic tin in 1929 exceeded a record world's consumption by 6.493 tons, according to figures just compiled by the Anglo-Oriental Mining Corporation, and it Is this over production, followed bv price depression. .inch has caused British producers to take steps to rationalize the industry. During 1929. General Cigar Company, which Is by far the largest individual producer of cigars In the Vnlted States, inereased its total production of cigars by more than 128.090.000 rigars. which compared with an increase for the industry as a whole In the United States nt only 98.015.678. General f igar's production showed an increase of 17 per cent over tbe 752.000.000 cigars produced in 1928. last year's output being well over 880,009.000. This was more rigars than any other single manufacturer has ever produced In a year’s time. In 1927, General Cigar produced 728.000.000 cigars and in 1926 its outturn was 700,000,000, so that the Increase in production last year was two and onc-half times as great as the gain in the two preceding vears. According to information received by the National Electric Eight Association from companies representing 85 per cent of the light and power industry, the total estimated expenditures for new construction already made, or to be made bv March 31. will be -*198.000.000. This amount is 10% per cent higher than the amount expended during the first quarter of 1929 The Information was obtained in response to a request of President Hoovers Business Survey conference and in order to determine the actual progress In carrying out the construction program of the electric light and power utility companies for 1930.

Investment Trusts

—Feb. 18Bid Asked. American Founders, new 26% 27% Basic Industry Shares 8% 9% Corporate Trust Shares 9 9% Fixed Trust Shares A 20% Fixed Trust Shares B 18% ... Investment Trust of N Y 11% 12 Leaders of Industry 11% 13 N American Trust Shares.... 9% 10 Petroleum Tradinz Corp A... 20 25 Revbarn Cos 10 20 S W Strauss Inv Cp Units... . 52 58 Trustee Std Oil Share 10% 11% U S Elec Lt & Pwr Sh. A 39% 42% WHEAT COLLAPSES All Months Hit New Lows for Crop. /. II r uihd pri ss CHICAGO. Feb. 18. Wheat collapsed on the Board of Trade, today, falling 1 to 2% cents at the opening. Practically all months hit new lows for the crop, with March leading. Continued heavy liquidation in all foreign markets, with Liverpool off 2% to 3 cents, and Buenos Aires sharply lower, precipitated the action. At the opening, March wheat was bid at sl.ll to $1.11%, May was $1.16 to $1.16%. July $1.17% to $1.17% and September sl.lß to $1.19.

PORKERS SELL OFF 25 CENTS AT CITY YARDS Cattle Generally Steady With Cow Trade Slow: Sheep Are Active. Feb Buis. Top. Receipts. 11. 12. 11.104 11.45 11.45 5.000 13. 11.054T1.40 11.40 3.500 14. 11.15411.50 11.50 4.500 15. 11.1.5 V 11.50 11 60 2,000 17. 11.50411.75 11.75 3.000 18. 11.00411.65 11.65 5,000 Hogs were generally 10 to 25 cents lower today at the Union Stockyards, the bulk, 160 to 225 pounds, selling at sll to $11.65. Receipts were 5.000; holdovers, 254. Cattle receipts were 1.100. The market was generally steady with cow trade slow. Some plain killing steers at $lO and under. Better grades up to $13.75. Calf receipts were 700, veals selling steady at sls down. Sheep receipts were 400, the market active. Prices were generally sll to $11.50. Chicago hog receipts were 27,000, including 7,000 direct. Holdovers were 6,000. The market held very slow with a few early sales around steady with Monday's averages. 200pound weights brought $11.45; 260pounders. sll, and 280-pound weights sold for $10.75. Cattle receipts were 8,000; sheep, 15,000. —Hogs— Receipts. 5,000; market, lower. Heavies, 300 lbs. up $10.65411.05 250-300 Ids 11.15(9.11.25 Med. wts. 225-250 lbs 11.30 200-225 lbs 11-55 Light wts.. 160-200 lbs 11-65 Light Its.. 130-160 lbs 10.654 11.25 Light wts.. 160-200 lbs 9.75410.35 Packing sows 9-2 aft 9-50 —Cattle— Receipts, 1.100; market, steady. Beef steers 1,100-1.500 lbs.. good and choice $12,004 14.75 Common and medium 9.254,12.00 Beef steres, 1,100 lbs. down. good and choice 12.25415.00 Common and medium ........ 9.504.12.25 Heifers. 350 lbs. down, good and choice 11.50414.00 Common and medium 7.00 4 11.50 Cows 8.25® 9.75 Common and medium 6.50 4 8.25 Lower cutter and cutters.... 4.50 4 6.50 Stocker and feeder steers, good and choice 9.50411.25 Common and medium 6.754 9-50 —Veals— Receipts. 700; market, steady. Medium and choice $11.00415.00 Cull and common 6.504' 11.00 • —SheepReceipts, 400; market, steady. Lambs, good and choice $10.50411.25 Common and medium 9.504.10.50 Ewes, medium to choice 4.50 4 6-25 Cull and common 2.004 4.50 Other Livestock ll>/ United Press CHICAGO.' Feb. 18.-Hogs—Receipts, 27,000: including 5,000 direct; market, steady to 15c lower; slow at decline; top, $11.50; bulk. 160-250 lb. weights. sll4 11.40; 260-300-lb. weights. $10.55410.90; big weight . butchers down to $10.25; butchers, meSium to choice, 250-350 lbs., *10.25 ull; 200-250 lbs., $10.65411.50’. 160200 lbs.. $10,754 11.50; 130-160 lbs., $9.7541 11.45; packing sows, $8,854.10.15; pigs, medium to choice. 90-130 lbs.. $9.254 10.75. Cattle Receipts, 8.000; calves. 2.500; mostly steady trade on steers and yearlings; killing quality plain: bulk sl3 and down: she stock tending-lower; slaughter classes, steers, good and choice. 1300-15000 lbs. $13.25 415.50: 1100-1300 lbs., $13.25416; 9501000 lbs.. $13.254 16; common and medium. 850 lbs. up. $8,754 13.25: fed yearlings, good and choice. 750-950 lbs. $134.16: heite’.s. good and choice. 850 lbs. down, $12414.50; common and medium. *8412; cows, good and choice. $8410.25: common and medium. s6u 8; low cutter and cutter. $54 6: bulls, good and choice, beef, $7.7549: cutter to medium. $74 8.40: vealers, milk fed. good and choice. $10.50415.50; medium. 89.50 V 10.50; cull and common, *74 9.50: Stockers and feeders, steers, good and choice, all weights. $10.75 4 11.75; common end n:?duim. SB4 10.75. Sheep—Receipts. 15.000; market. s*eadv; bulk fat lambs, sll 4 11.50: best held above sl2; fat ewes quotable steady; choice held above $5.50: feeding lambs, nominal: lambs, good and choice. 92 lbs. down, $lO4 12; medium. $9.75 410 50- cull and common. $8.7549.75; medium to choice. 02-100 lbs down, $94,11.35: ewes, medium to choice. 150 lbs. down, $4.75 46: cull and common. $24 5; feeder lambs, good and choice. $9.50410.50. in l nih il Press CINCINNATI. 0.. Feb. 18.—Hogs—Receipts, 2,400; holdovers, 270; uneven; butchers over 160 lbs.. 104:15c lower; some interests bidding 20c or more lower; movement undependable, salesmen refusing to sell: sales good and choice. 160-230 lbs., $10.60 to mostly $10.70; some held higher; heavv hogs scarce. $11.50 down; bulk, 120160 lbs.. $11: sows. $9.25; smooth finished, hanav weight, $9.50. Cattle—Receipts 350: calves. 325: mostly steady; some late bids for butcher heifers lower: good grades scarce; common and medium, butcher cattle. $10412; beef cows. $7(4 8.50; lov. cutter and cutter, $4.7546.25; bulls. 574 9: vealers opened steady, closing 50c lower; early top, sls; closing, $14.50: bulk. $lO4 13. Sheep—Receipts, 125: lambs, steady to strong; choice light weight, quotable up to sl2; common and medium, $8.504 10; sheep, steady; good light ewes, up to $6. Hu United Prefix PITTSBURGH. Feb. 18.—Hogs—Receipts, 500; market. 25c higher; 150-220 lbs.. $12.15® 12.25: 230-280 lbs.. $11.75412; 90-120 lbs.. $11.50(4 11.75; sows. [email protected]. Cattle—Receipts, 80: market, steady; low grade cows. $447.75; calves, receipts, 50; market, steady: top vealers. sl6. Sheep— Receipts, 250; market, very slow, steady: handyweight lambs, $114:12; choice aged wethers, $7®7.25. nil Tirnefi fine rial LOUISVILLE. Ky.. Feb. 18.—Hogs—Receipts. 800; market steady; 250 lbs. up. $10.90; 165-250-lbs., $11.60; 130-165 lbs.. $10.80; 130 lbs. down. $9.30; roughs. *8.90; slags. $8.30. Cattle —Receipts. 100; market steady; prime heavy steers. $114)12.50. heavy shipping steers, $10411: medium and plain steers. $8.50410; fat heifers. $8 412: good to choice cows, $749; medium to good cows, $5.5047’ cutters. $5.25® 5.50: canners, $3.5045; bulls, $64'9.25; feeders. SB4 10.75; stockers. $7.50411. calves —Receipts. 200: market steady; tops. $12.50: good to choice. $11412.50; medium to good. $9411: outs. $8 down. Sheep Receipts. 50; market steady; ewes and wethers. $10.504 11; buck lambs. $9,504! 10; seconds. $64 8: sheep. 14.504 5.50. Monday’s shipments: Cattle, 278; calves, 625; hogs, 290; sheep, none. Bii United Pri ss TOLEDO. Feb. 18.—Hogs—Receipts. 400: market, slow, steady; heavies, $10.40% 10.80; mediums, $11.504 11.65; yorkers, $10.50410.75. Cattle Receipts. light; market, slow. Calves —Receipts, light; market, steady. Sheep and lambs—Receipts. light; market, slow. Bu United Press CLEVELAND. Feb. 18.—Hogs—Receipts. 1.000; holdoiers. 465: steady to a shade higher: bulk 150-260 lbs.. $11.75. heavy butchers around $11.25® 11.50: pigs 25c up. bulk $11.25; sows, stronger, upward to $9; stags. $6.754 7. Cattle—Receipts. 225; cows, dull weak to lower again, fat cows around $7 u 8.50, cutter grades. $54.6: shelly kind downward to $4 50. Calves —Receipts, 500: steady to easier, bulk *l6 down. lew. $16.50, medium, *13414.50. culs downward to $lO. Sheep—Receipts. 600; barelv steady, quality considered, medium to good lambs *10411.50; choice quotable $11.75 or better, fat ewes. *647. Bn United Press FAST BUFFALO. Feb. 18.—Hogs—Receipts. 1.500; holdovers. 600; active to shippers. steady to 10c Higher; 210 lbs. down, generally $12.15 5 12.25: 230-260 lbs.. *11.50 4 12; packing sows, slow, *9.50410. Cattle—Receipts. 75; steady; meduim steers and heifers. $11.25: all cutler cows. $4.25 4 6.25. Calves—Receipts. 250: vealers active. steady to 25c higher, *16.75 down. Sheep—Receipts. 200: lambs, unchineed. good to choice. 85 lbs. down. $11.75612: meduim and strong weights. *lO 4 11. Bu United Press FT. WAYNE. Ind.. Feb. J 8 —Calves—Receipts. 50: hogs. 500: sheep. 50: hog market. 104 25c off: 120 lbs. down. 59.50: 120-140 lbs.. $10: 140-160 lbs., SIO.BO, 160-200 lbs.. *11.40, 200-225 lbs.. $11.30; 725-250 lbs.. *11.1: 250-300 lbs.. $10.80: 300-350 lbs., *lO 50: roughs. $8.50; stags. $6; calves. sls; lambs. $lO.

Local Wagon Wheat

City gram elevators are paving $1.06 'or No. 2 rod wheat and $1.02 for No. 2 hard wheat NEW YORK COFFEE RANGE —Peb. 17High. Low. Close. January 7.40 7.40 7.40 March 8.56 8.40 8.56 Mav 7.99 7..75 7.99 July 7.74 7.64 7.64 September 7.58 7.45 7.58 December 7.30 7.41 7.41

THE INDIANAPOLIS TIMES

New York Stocks 1 Bv Thomson & McKinnon 1 — “""■ l

—Feb. 18— Prev. Railroads— High. Low. 12:00. close. Atchison 235 3 4 235 235 234 At! Coast Line.. .. ... ... 170 Balt & 0hi0... .117% 117% 117% 117% Canadian Pac.. .. ... 216 216 Chesa & Ohio.. . 231 _ Chesa Corp . .. 74% 74% 74% 74% Chi & N West.. 89 3 4 89% 89 , 88% Chi Grt West . 14% C R I & P 123% 123 De! & Lacka.... . . 146% Erie 62% 62% 62% 61% Erie Ist pfd ... 65% Grt Nor 98 Gulf Mob A- Oil 46 45 45 46% Lehigh Valiev ... 75% Lou Ac Nash 136 Mo Pac 91 M K & T 56% 56 56 56% Mo Pac pfd ... ... 13% N Y Central ...191 190% 190% 190% NY NH fi H. . .122% 122 122% 122 Nor Pacific ... 93% 93% 93% 93% Norfolk &- West.26o 259% 260 259_ Pennsylvania .. 84% 84% 841a 83 • e Reading 131% 131% 131% 130 Southern Ry ..130% 129% 130 130% Southern Pac . . . ... 124% 123% St Paul 25% 25 25 25 St Paul pfd 43% 43% 43% 43% St L & B F 112 Union Pacific 232 231% 232 West Maryland 28% 28% 28% 28 Rubbers— Ajax 2% 2% Fisk .• 3% 3% 3% 3% Goodrich ... 47% 48% Goodyear 83% 82% 83 82 % Kelly-Spgfld 5 Lee ... 8% United States .. 27% 27% 27% 27% Equipments— Am Car & Fdy.. .. ... ... 80 Am Locomotive 101% 100% 101% 100 Am Steel Fci.... 50% 50% 50% 50% Am Air Brake S 52 51% 52 51% Man Elec Sup.. 33% 33 33% 33 Gen Elec mew 76% 75 75% 75% Gen Rv Signal 96% 95% 95% 95% Gen Am Tank.. 107% 106% 106%. 106% N Y Air Brake 46% 46% Pressed Stl Car 16% 14% 16 14% Pullman 85 3 i 85% 85% 84 % Westingh Air B . . ... 49 49 Westingh Elec ..175 173% 174% 173% Steels— Am Roll Mills. .100% 99% 100 99% Bethlehem 102% 102 102% 101 Colorado Fuel... 6% 55% 55% 55 Crucible . .. ... 90% 89% Gulf States Stl.. 73% 7C% 73% 69% Otis 35 34% Rep Iron & Stl.. 8! 78% 79% 77% Ludlum 42% 42% 42% 42 Newton ... 55% 55% U S Steel 187% 186% 187% 186% Alloy 34% 33% 34% 33% Warren Fdy ... 25 Vi 25% Youngstwn Stl.. .. ... ... 130 Vanadium Corp. 72% 71% 71% 70 Motors— Am Bosch Mag.. .. ... 52% 52% Briggs 16% 16 16 16% Chrysler Corp... 39 38% 38% 39 Eaton Axle 35% 35 35 35 :! i Graham Paige .. 10% 10% 10% 10% Borg Warner .... ... 41 40% Gabriel Snubbrs. .. ... ... 8 General Motors.. 44% 43% 43% 43% Elec Stor Bat ... 76% 75 Hudson 59 Vi 58" 58% 58% Hayes Bod Corp 7% 7% Hupp ... 23 22% Auburn 235 231% 231% 221 Mack Trucks... 82% 82 82% 82': Marmon 24% 24% 24% 25% Reo 14% 14% 14% 14% Gardner 7% 7% 7% 7 Motor Wheel.... 30% 30% 30% 30 Nash 52% 52% 52% 52% Packard 18% 18% 18% 18% Peerless 12% 14/4 Pierce Arrow ... ... 24 Studebaker Cor. 44: 9 44% 44% 45% Stew Warner .. 40 39% Timken Bear... 78% 78% 78% <B' Willys-Overland. 10% 10% 10% 10% Yellow Coach... 22 21% 21% 21% White Motor 35% Mining— Am Smelt & Rfg 73% /2% <3% '3 Am Metals 48% 48% 48% 48% Am Zinc ••• , ... , H% Anaconda Cop.. 74% i4% 74% *4 a Calumet & Ariz 81% 80 80 82 Calumet <fc Hecla. 30% 30 30 29,2 Cerro de Pasco.. .. ... •• • 61/ Dome Mines .. 7,2 • Granby Corp •• Gt Nor Ore • ■ • 23 Inspiration Cop. 28% 28% 28% 27% Howe Sound • 38,2 Int Nickel 37% 36% 37 37 Kennecott Cop.. 58% 57% d7% 57v* Miami Copper.. 30% 30% 30% 30 i Nev Cons 29% 28% 29% 28% Texas Gul Sul.. 62'b 62% 62 3 s 63 St Joe 51 54% U S Smelt 33 Atlantic Rfg.... 39 38% 38% 39 Barnsdall (A'.. 21% 20‘b 21 20 -z Freeport-Texas.. 41% 41% 41% 41 Houston Oil .... 62% 62% 62% 62 Indp Oil & Gas ■ 20 Conti Oil 20% 19% .10% 20 Mid Cent Petrol 24% 23% 24% 24; a Lago Oil & Tr.. 22% 22% 22% 22% Pan-Am Pet B. . 51% 51% 51% 52 Phillips Petrol.. 30% 30 30% 30 Prairie OH . Union of Cal... 42% 41% 42% 42% Prairie Pipe ... 59% 59% 59% 08% Pure Oil . 22 21% 2i'a ?? Royal Dutch ... 50% 50% aO% 51 Richfield 22% 22% 22-4 22-4 Shell 21% 21% 21% 21% Simms Petrol ... 24 Sinclair Oil .... 22% 22% 22% 22% Skelly Oil 29 29 29 29 Std OH Cal 58% 58% 38% 58% Std Oil N J .... 60 59% 59 ■* 59% Std Oil N Y ... 32 31% 31% 31% Tidewater 10% 10% 10% 10 4 Texas Corp .... 51% 51 Vi 51% 51“s Texas C O • Transcont.l 8% 8% 8% t 4 White Eagle ... 26% 26% 26% Industrials— Adv Rumley 16% 16% 16 4 16 a Allis Chalmers.. 59% 59 59' ( 2 59 Allied Chemical ... .... • 2/3 A M Byers .... 90% 87% 88 86 Armour A 5% _ 5% 5,4 5 a Amer Can .. .143% 142% 142 a 142_i Alleghany Corp. ... ... ••• "3 b Am Safety Raz. 62% 62% 62% 62,a Am Wool 20 19% 20 19% Assd Dry Goods ... ... ••• 93 Bon Alum 41% 41’4 41% 54.2 Coco Cola 152 % 149 152% 148 s Conti Can 62% 61% 61% 61,: Certainteed ■ ■:• . }? 4 Congoleum 16% 16% 16% , Curtiss W 11% 10% 11 10% Davidson Chnn 36% 36% 36 2 3n-R Dupont 130% 129 129 a 128_ Famous Players. 65*8 64 3 2 65 1 8 4 Gen Asphalt ~ ... Fox A 30 28% 29 % 28% Gold Dust 43% 43% 43% 40% Glidden 33% 33% 33 a 33,4 Int Harvester... 94% 92% 93% 92% Kelvinator 13% 13% 13% 13_ Lambert 104% 103% 104% 103 _8 Loews 68 66 67 % 66% Mav Stores .... 57 57 57 56 4 Montgom' Ward.' 45% 44 ' 46* 44% gSdio 0 Keith 3? 8 8 : 1 & Radio 8 oS?p tle .’.V. 44V. Sft 4% p% Real Silk 56V* 56 56 5o J * Rem Rand 36% 36>,4 26% 36 Scars Roebuck.. 92% 90% 90% 91 /$ Union Carbide.. 93% 93% ?3/a 93 Warner Bros ... 62% 60 a 62 a 61 a Un Air Craft.... 53% 52% 53 51 a Univ Pipe 4% 4% 4% 4/? uSCs r Pipe.. 33% 33 33 4 33,e U S Indus A1c0.121% 120% 120% ... Worthington P. 80% 83 85 82 s Woolworth Cos.. 64% 63% 64% 62,4 Am t Te t l ,e &" Tel.. 235% 233 235% 232% Am Pr & Lt.... 96% 95% 95% ?5 Eng Pub Serv.. 5/ 56% 56% 06/2 Arn For Power.. 96% 96 96 96% Am Wat Wk5.,107 105% 105% 105% Gen Pub Serv.. 44% 44% 44-.|, 45 s Col G & E.... 93% 92% 93 92% Consol Gas ...121% 120', 120% 190-/a Elec Pow & Lt.. 65% 64'a 60 64% Int T & T 71 5 a 70% 70% 70% Nor Am Cos 107% 10. 107% 106Pac Light 90% 89% 89% 90 2 Pub Serv N J.. 94% 93% 93% 92% So Cal Edison... 62% 62% 62% 92% Std Gas <V El.. 124 123 123 123 United Corp .... 40% 40% 40% 40 2 Utilities Power . 37% 37% 3.% 37 United G & Imp 39% 39’, 39% 3.“a West Union T.. 215 214% 214% 214% Shipping— Am lilt! Corp.. 43’4 42’4 43 42> Atl Gulf & W I (0 Inti Mer M pfd ... ... 26% United Fruit... 97 96% 97 97 Am Sug Rfg.... 62’4 62 62 61 % Cudahy 45 Beechnut Pkg _■ ••• *>B California Pkg.. /3% V3-*, ... Canada Dry..., 73% /3% 73% 73 Corn Products.. 97 96% 96% 9t>-a Cont Bak A. .. 52'4 51% 52’i 51% Borden 65% 65% 65% 65

On Commission Row

Fruits Apples—Delicious, box extra fancy. $4.75; fancv, $4; Baldwins. $2.50; Grimes Golden. $2.50(112.75; Northern Spies. $2.25; Winesap. $2.25© 2.50. Cranberries—Box of 25. $8 Grapefruit—Florida, $4.75@5; Texas, $5.25416. Grapes—California Alemerla. $3.75; Emperor. $3. Lemons—California a crate. $6.25©7. Limes—Jamaica. $2.50 a hundred. Oranges—California navals. 54.7557.75. Strawberries —55©60c per quart. Vegetables Beans—Florida. $4 ©4.50 a hamper Beets—Texas. $3.50 a crate. Cabbage—Old. sc; 6c a pound. Celery—Florida. $3 25© 3.75 a crate. Cauliflower —Colorado. $2 a crate. Cucumbers: —Florida 53.50G4.50 a crate. Eggplant—sl.7s<;r 2 a dozen. Kale—Spring. 90c to $1 s bushel. Letuce—California Iceberg. $3.75414.25 a crate; home grown leaf, a bushel. $1.65 ©I.BO. Onions —Indiana yellow. $2 25412.50 a 100-Ib. bag; white. $2.50 a 50-lb. bag Parsley—Southern, dosen 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.. $3.75'f1f3.85; Idaho Russets. $3 75 a 100-!b. bag. New Potatoes—Florida Cobblers. 50-lb. ctate. $3.25 Texas Red. 100-lb. bag. $6.50. Sweet Potatoes—Nancy Halls. $1.75 a hamper: Opossum brand, Indiana Jerseys. $2.75 fi 2.85 per bu. Rhubarb—Home grown, hothouse. 5-lb. bunch. 65c. Sassafras—lndiana, 30c a do*.

Cuban Am Sugar BV4 8% 8% Grand Union.. 18 18 18 18 Grand Union pfd . .. ... 38% Jewel Tea 51 51 51 50% Krafc Cheese .. 45% 45% 45% 45% Kroger 43 42% 42% 42% Loose Wiles 61% 61% 61% 60% Natl Biscuit ...207% 207% 207% 206 Natl Dalrv 50% 50% 50% 50% Purity Bak 87 86% 87 87% Loft 5% 4% 5% 4% Stand Brands 27% 27 27% 27% Ward Baking B 6% 6% 6% 6% Tobaccos — Am Sumatra... 25% 2„% 25% 24'i Am Tob B 241 240% 240% 239% General Cigar.. 58% 58% 58% 56% Lig & Myers.... 58% 97% 98% 97% Lorlllard 25% 25 25 24% R. J. Reynolds.. 55% 54% 55% 54% Tob Prod B 4% 4% 4% 5 Unietd Cigar St 6% 6% 6% 6% Schulte Ret Strs 9% 9% 9% 9:4 STEEL MERGER IS POSSIBILITY American Rolling Mill and Gulf States Mentioned. Bn United Press NEW YORK. Feb. 18.—Acquisition of the Gulf States Steel Company by the American Rolling Mill Company loomed as a strong possibility today as a result of negotiations between officials of the two concerns. Both Gulf States and American Rolling Mill have had a close working agreement for the past several years according to Gulf State offlyears, according to Gulf State Company being a licensee of American Rolling Mill patents. American Rolling Mills officials have been extremely friendly to the Gulf States Steel Company and it is understood that they would favor a consolidation with Gulf States. Officials of the former company, however, could not be reached for a statement. GOODRICH IN MERGER Assets and Liabilities of Miller Purchased. Bu United Press AKRON, 0., Feb. 18.—Stockholders of the Miller Rubber Company, in session Monday, voted to accept the purchase offer by the B. F. Goodrich Company for the assets of the Miller company. The Goodrich firm plans to assume the liabilities of Miller. At the meeting almost unanimous consent was authorized by the Miller stockholders. In the preferred group 85,014 shareholders voted for the merger while 450 disapproved. The common stock holder proxies in favor of the union with Goodrich numbered 193,385 as contrasted with the 310 dissenting votes. The Goodrich Rubber Company will absorb all assets of the Miller Rubber Company, which now becomes a subsidiary of Goodrich.

The City in Brief

G. E. Tibbits, president, and E. 11. Tingley, secretary of the National Foremen’s Club Association, will speak before the Indianapolis club at 6:30 Thursday at the Elks Club. Ernest Kellogg, “mayor" of Lynhurst, by virtue of his position as town board chairman, has appealed fine of SSO and costs for drawings a deadly weapon, from criminal court to the Indiana appellate I court. William H. Settle. Indiana Farm Bureau president, headed thirtythree insurance representatives leaving Monday for Bloomington, 111., to attend annual salesmen's convention of the State Farm Mutual Auto Insurance Company. First reports by Y. M. C. A. membership campaign workers Monday night listed 237 new members. Goal of the campaign is 1,000 members. A total of $1,609 has been subscribed to date in the Indiana Farm Bureau campaign for funds for rehabilitation of southern Indiana farms which were swept by recent i floods. [ Philippine veterans of the Eighth Army Corps association of Indiana will hold first reunion in the house of representatives at the statehouse at 8 Saturday night. W. Ray Adams, Fred G. Appel, Arthur R. Baxter. Homer C. Lathrop and Walter E, Pittsford were named directors of the Indianapolis Athletic Club at annual election Monday. Indiana Real Estate Association board of governors'wil select a legislative committee and fix the date for the Evansville convention, at the Lincoln Wednesday afternoon. Proposal for an endowment and building fund for Hanover college was discussed by trustees meeting Monday, no decision being reached. Equalization of the tax burden was urged by Paul V. McNutt before Men’s Club of First Presbyterian church, Monday night. He proposed an amendment to the Constitution. The Hillcrest Baptist church congregation will hear Prosecutor Judson L. Stark at 7:30 p. m. Thursday in the church, on “Parents and the Crime Wave." FILES DAMAGE ACTION Man Sues Garage for Alleged Hurts Received in Accident. Suit for $25,000 damages against the Central Parking garage, 39 Kentucky avenue, as a result of an accident in the driveway of the building, was filed today in superior court four by Virgil Fox, 40, of 629 Holley avenue. Fox alleges he was struck by an auto as it was driven from the building in November, 1929. He sustained body injuries, it is alleged. Co-defendants are the Saunders-Heater-Mitchell Company, and the Saunders-Drive-It-Yourself System.

WEAK FOREIGN REPORTS SEND WHEAT LOWER Liverpool and Buenos Aires Markets Decline Under Sales Pressure. Bu United Press CHICAGO. Feb 18.—Collapsing world markets sent wheat tumbling down as the Board of Trade opened here today. News is entirely bearish. with Liverpool easy, Buenos Aires a i to 1 cent lower after its break of Monday, Australia Increasing its estimate by 18,000,000 bushels and the farm board determined to protect only co-oper-ative holders. Com and oats slumped heavily with wheat, new lows being established in all grains. At the opening wheat was 1 to 2% cents lower, com was % to 1 cent lower and oats was % to 1% cent low'er. Provisions were steady. Declining steadily under further liquidation and selling pressure, Liverpool was 2’s to 3 cents lower by mid-afternoon, much lower than expected. Foreign advices emphasize the ample grain supply and the situation in United States as well as Canada offers no incentive for constructive action. Nothing that either the farm board or the pool has done has improved the situation and the larger interests have withdrawn. The unsettled condition in the wheat pit has caused an indifference in com and prices have been permitted to slip. Receipts are not large and there is a fair cash demand, but the traders are of the belief that prices will hang fire until there are better prices in Vheat. The action in the two major pits has caused selling in oats and prices have worked to anew set of lows for the crop. The situation is quite similar to that in com. Chicago Grain Table —Feb. 18— Prev. WHEAT— High. Low. 12:00 close. Mar 1.16 1.11% 1.12% 1.13% May 1.18% 1.16 1.17% 1.17% July 1.18% 1.17% 1.18% 1.18% CORN— Mar 84 3 4 .83% .84% .84% May 88% .87% .88% .88% July 90% .89% .90% .90% OATS— Mar 42 .41 .42% .42% May 44% .42% .43% .44V, July 44 .43 .43% .43% RYE— Mar 80% .80% .80% .80% May 81% .80% .80% .81 July 82% .81 .81 Vi .82 L4RD— Mar 10.90 10.90 10.90 11.00 May 11.15 11.02 11.02 11.15 July 11.37 11.22 11.22 11.37 Sept 11.42 11.42 11.42 BU Times Pvccial CHICAGO. Feb. 18. —Carlots: Wheat, 11: corn, 387; oats. 55; rye. 1. and barley, 12.

In the Stock Market

'By Thomson & McKinnon! NEW YORK, Feb. 18.—Although the backlog of constructive industrial news continue to grow' in a gratifying manner, there is little of outstanding importance in the overnight dispatches, but then if one reviews that, which the past two or three months has brought in the line of encouraging development, not. only will the scope of the readjustments already completed be realized, but, as well, an understanding be obtained of the reasons behind the growth of faith, both in financial and business circles, apparent even so the most casual observer. Tire continued progress toward completion of banking rehabilitation is emphasized in last w r eek's reports of member banks, particularly In the Item of loans on securities, which again declined sharply. The eighty million gain in income of class A railroads last year is but one more favorable item for the carrier group, whose attractiveness for investment purposes remains unimpaired. We think the market is slowly showing not only the stability of its fundamental structure, but as well demonstrating that assurance which has developed as to the country’s economic development. We feel that before long the doubts which recently were so apparent as to the future course of business will be covir.cingly placed at rest. Births Boys John and Anna Samulowltz, 3220 Kenwood. Aaron and Mamie Wilson, 317 North Walcott. Sylvan and Ora Phillips. 346 W’est Raymond. Lester and Myrtle McAllister, 1219 North Holmes. Leonard and Margaret Bates. St. Vincent’s hospital. John and Hazel Cain. St. Vincent's hospital. James and Geneva Carr, St. Vincent's hospital. John and Mollte Ingram. Jdethodlst hos pital. George and Martha Patterson, 1418 Comar. Edward and Eldora Shank, 2440 Highland place. Benjamin and Lenora White, 1819 Woodlawn. Frank and Hattie McGrau. 725 North Noble. Argus and Lucy Wilson. 2860 Manlove. Girls Charles and Minnie Weevie, 948 North Luette. Edgar and Mary Mlllen, Christian hospital. Peter and Mae Daugherty. St. Vincent's hospital. James and Ella Hoback. St. Vincent's hospital. William and Dorothy Mooney. St. Vincent's hospital. Richard and Vonda Masters. Methodist hospital. P.oy and Leolla Lanham. Methodist hospital. Jacob and Elsie Roberts, Methodist hospital. W'illiam and Estella Walker, 401 W’est ; Twenty-eighth. Esta and Marlon Combs, 1057 North Mount. Deaths Sophia Margaret South, 31, Methodist hospital, acute dilatation of heart. John Watts Hemerly. 51. 40 North • Grant, cerebral hemorrhage. Raymond A. Dillon. 3 mo.. 709 Bacon, i broncho pneumonia. Susie Bush 50, 1908 Zwinglev. myocarditis. Edward B Finley 50. 730 Center, cardio vascular renal disease. Jackson Tre.bue. 63. 3400 Carson, cerebral hemorrhage. Beulah May Musser, 44. 2924 North Butler. nephritis. John Dugan. 58. corner McCarty and We3t. mitral insufficiency. Edwin P. Conrad. 71. Long hospital, uremia. Josephine A. Lane. 77. 401 North Illinois, chronic myocardiits. Bill Griswold. 9 mo., Riley hospital, lobar pneumonia. William B Goodlett. 50. 722 West Twen-tv-ftfth. acute cardiac dilatation. Charles C. Cutter. 57. city hospital, uremia. Kate Lawson. 62. 211 6Highlar.d place, cardio vascular renal disease. William L. Watts. 67. city hospital, Intestinal obstruction. Wilma Coleman. 38. Methodist hospital, tuberculosis. Edith Stevens. 25. city hospital, carcinoma. Ollie May Gentry. 36. 122 Dickson, postpartum hemorrhage.

Produce Markets

Eggs (country runi—Loss off. delivered in Indianapolis. 32c: henery quality. No. 1, 35c: No. 2. 30c. Poultry (buvlng prices I —Hens, weighing 4% lbs. or over. 23 %c; under 46 lbs., 21c: Leghorn hens. 20c: springers. 46 lbs. or over. 21c; under 4% lbs.. 21c: broilers. 1930. 25c: old cocks. 12 ; 15c; capons. 8% lbs. or over. 29c: capons. 7% 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 bv Klngan & Cos. Butter (wholesale)—No. 1. 40%41c; No. 2. 39(<i 40c. Butter—37c. Cheese (wholesale selling price per pound'—American loaf. 31c; pimento loaf. 33c: Wisconsin firsts. 27c: Longhorns. 24c: New York llmberger. 36c. Bu United Press NEW YORK. Feb. 18 Flour—Quiet and weak; spring patents, $6.15 q 6.50. P°tk , Firmer mess. $29.30. Lard- Easy: middle west spot. $11.35® 11.45. Tallow—Quiet and easy; special to extra. 6%®7c. P°ta; toes—Steady; state. $3 75-/4.60: Maine. s■ 14.35; Bermuda. ST v/13: Long Island. $1 j 0 1,1 6.25. Sweet potatoes—Southern baskets, 75c%51: southern barreis. $3; Jersey, basket, 65c<-'/ $2.56. Dressed poultry-Quiet and easy; turkeys. 27'/ 40c; chickens, 18% 40c: capons. 28ii 45c; fowls. 18 a 31c; ducks. I4'/i2oc; ducks. Long Island, 23®25c. Live poultry—Dull; geese. 13® 22c: ducks. 14® 27c: fowls. 23® 28c; turkeys, 20 a 35c: roosters, 18® 19c; chickens. 21® 28c: canons. 22®28c; broilers. 25® 36c. Cheese —Firmer state whole milk, fancy to special, 24®.26c; young Americas. 51%®24%c. Bv United Press CHICAGO. Feb. 18.—Eggs—Market, weak; receipts, 16.344 cases, extra firsts, 320; firsts, 30%c; ordinaries. 29® 29%c: seconds. 28c. Butter- Market, easy: receipts 10.502 tubs: extras 35%c; extra first/*, 34%® 35c, firsts, 33® 34c; seconds. 31® 32c; standards, 35%c. Poultry—Market, firm; receipts, 1 car; fowls. 25c; springers. 28c: Leghorns, 22c: ducks. 22c; geese. 18c; turkeys. 25c. roosters. 20c; broilers. 32 ft 34c. Cheese Twins. 19%®20c: Young America. 21c. Potatoes —On track 236; arrivals. 63; shipments. 643; market about steady to firm; Wisconsin sacked Round Whites. $2.50 *> 2.60; Idaho sacked Russets. s3® 3.25. Apples—s2.7s® 4.25 per box. western. Bu United Press CINCINNATI. 0.. Feb. 18-Butter stead’.; creamery in tub lots according to score 36® 37c; common score discounted 2s/3c; parking stock. No. 1. 22c; No. 2, IRr. No. 3.13 c; butter fat, 33'//35c. Eggs Lower; cases included: fresh gathered, 30e; firsts. 29c; seconds. 28c; nearby ungraded. 30r. Live Poultrv--Thin and coarse stock se I only at heasy discount; fowls 5 lbs. and over. 24c; 4 lbs. and over, 26c; 3 lbs. and o*er. 26r; Leghorns, 3 lbs. and over 23* , roosters. 17c; stags, 21c; capons 8 lbs. ana over, 35c; under 8 lbs, 33c: slips. 21c. fryers 3 lbs, 34c: 2 lbs and over. 35c; broilers 1% lbs. and over. 38c; 1% lbs. and over. 38c; Leghorn broilers. 1% ibs. and over 30c; roasting chickens 4 lbs. and over 30c: black springers, 20c. Bu United Press CLEVELAND. Feb. 18.—Butter—Extras, 39Vic: extra firsts. 39%c. Eggs -Extras, 1 40c; firsts, 39c. Poultry—Fowls, 28®29c; ; medium. 27e; Leghorn. 24c; heavy spring- ! ers. 27c; Leghorn springers. 20"/ 22c: ducks, I 22® 26c; old cocks, 18c: geese. 180/ 20c. Poi tatoes—Ohio and New York. *4® 40.25 per i 150-lb. sack: Maine green Mt, $4.30® 4.50 per 150-lb. sack; Idaho Russet, $3.85®;4.15 per 100-lb. sack. CEMENT PRICE TREND STEADY Regular Variations Noted in Commodity. Bit Serivvs-Uownrd Krwspaper Allianie WASHINGTON. Feb. 18.—Fears that the prospective 1930 building boom, stimulated by President Hoover’s business survey conference, might advance cement prices sharply are not supported by current price statistics gathered by the labor department. The average mill price for bulk lots of cement for the first ten days of February, as reported to the department, was $1.67 a. barrel, which compared with an average of $1.60 for the entire year 1929, $1.67 for 1928 and $1.68 for 1927. Base mills prices advanced fractionally on Jan. 17 and again on Jan. 31. and the average for February to date was 18 cents a barrel above the October. 1929, average, which was the lowest monthly average in several years. The upward tendency since December is attributed by officials of the bureau of mines to the seasonal upswing of the consumption curve, which regularly dips to the lowest point of the year in the months of November. December and January. About Feb. 1. as outdoor work is resumed, the cement consumption curve turns upward again, rising sharply until August. The mid-summer peak production in recent years has been in the neigh--1 borhood of 22.000.000 barrels a month. The January low is at the rate of only about 5,000,000 barrels a. month. The department’s statistics show somewhat uniform seasonal price movements since 1913. which correspond roughly to the consumption curve. The prices for January and February, 1930, appear to be in line with the average curves of other years. CO-OPERATION ASKED Smokeless Day Observance, Plea of White. Observance of Smoke Abatement day Thursday was urged by John : F. White, president of the Indianapolis Smoke Abatement league, in a statement today. “The sole plea that the belching of black smoke is evidence of the city's ; prosperity and, for the reason, should j be acclaimed a happy omen, is pure fallacy,’’ he declared. “It Is catering to thoughtless indifference, greed and stupidity, unworthy of an enlightened age. to permit these conditions to continue.” Reviewing progress of the league since its organization in May, 1928, President White declares its work has aided in education of thousands of residents as to proper firing methods and elimination of unnecessary smoke. PLANT IN NEW SITE National Offices of Case Firm to Be Here. The Consolidated Case Corporation, manufacturers of leather golf bags and brief cases, has established its national headquarters in this city. The corporation, lt wks announced today, has leased approximately 15,000 square feet of space in the Daly street industrial building, Daly and Cruse streets. The Indianapolis factory of the company has been moved into the new structure. The corporation has factories in Streator, HI., and Union City, Ind.

.FEB. 18, 1930

CLASS 1 ROADS SHOW LARGER INCOME FIGURE Increased Economies and Efficiency Reflected in Earnings. J Bu United Press WASHINGTON. Feb. 18.—EarnJ ings of Class 1 railroads in the : United States showed a return of 4.95 per cent on their property in- | vestment in 1929, according to re- ! ports filed by the carriers with the bureau of railway economics. Net railway operating income for ! the year totaled $1,274,774,185, com- : pared with $1,194,487,805. or 4.72 per cent in 1928. The compilation as to earnings is based on reports from 180 Class 1 roads, representing a total mileage of 241.854. Increased economies and efficiencies in operation are reflected in the 1929 earnings. The ratio of expenses to gross revenues was the ! lowest for any period since 1917. In 1929 the ratio was $71.69 for every SIOO of gross revenue, compared with $72 41 in 1928 and $74.54 in I 1927. ' Compared with an increase in 1929 of 3.1 per cent over 1928 in the ! volume of freight traffic carried by 1 the railroads, there was an increase of 2 6 per cent in gross revenues and 1.6 per cent in operating expenses. | The transportation expense in 1929 was only .4 per cent, over that for 1928 although there was an increase |of more than 3 per cent in the < amount of freight traffic handled. Such expense in 1929 amounted to $2,109,519,747, nu increase of $7,794,109 over the preceding year. Passenger traffic during the year was the smallest for any year since 1909. and revenues from this source amounted to $873,582,447, a decrease of $25,429,914 or 3.2 per cent compared with 1928. Gross operating revenues of the Class 1 railroads in 1929 totaled $6,352,354,234. compared with $6.189.917.190 in 1928. Operating expenses amounted to $4,553,968,834, compared with $4,482,041,318 in the preceding year. ST. CECELIA PLAYERS IN COMEDY DRAMA Frank E. McKinney Takes Leading Role in Play Sunday. Frank E. McKinney will have the | leading role in “The Whole Town’s

Talking.” comedy drama to be offered by St. Cecelia Players at Sacred Heart auditorium at 8:15 Sunday night. Others in the cast include Misses Elizabeth Fcltman. Helen Collier. Bertha Hoffman, Ella Lawrie. Mary Tenner. Margaret Warner and Albert. J. Hoerest, Edward Eckstein, Frederick G. Ten-

Frank F. McKnncy

S ner and Edward Scbludecker. All memb°rs of the cast arc vet- | eran players and are well known to Indianapolis audiences. BUS EXTENSION SOUGHT Sunshine Gardens Company Files Petition for Authority. Petition to extend service from 1 its downtown terminal to the new plant of the Indianapolis Power and Light, Company, on South Harding .sheet, was filed with the : public Service Commission today by the Sunshine Gardens Bus Com- J | pany. There is no bus service to the j new plant, the petition asserts. The | bus company now operates a route to Sunshine Gardens. PROBE DRUG VIOLATIONS Federal Grand Jury to Take Up Big Liquor Conspiracy Case. Federal grand jury investigations Monday and today centered about narcotic law violations. The jury today also considered two counterfeiting cases involving Kokomo, it was reported. Investigation of activities of an alleged liquor ring which is charged with operating a large still at Montezuma will be taken up next week, it was understood. Marriage Licenses Freeman P. Davis, 44. of 3540 North Pennsylvania, executive, and Eleanor p. Putzki. 30, of 958 North Pennsylvania, technician. Charles H. Martin, 22. of 1042 South State, salesman, and Madeline P. Berry, 27. of 1549 Finley, stenographer. Edward P. Werner. 8. of Cincinnati, chemist, and Flora A. McAtee, 60. of 1118 East Southern. Austin B. Tvffe. 25. of 1522 Saolcy, fireman. and Alilhea M. Parr. 19, o! 2266 Kenwood. clerk. Walter Simon. 26. of 401 East Michigan, steward, and Leona Peacher, 20. of 3310 Kenwood, stenographer. RudolDh Dininger. 20, of 826 Division, machinist, and Ma-. M. Small, 17. of 651 Holly. Roscoe E. Hamilton. 27. of 2269 North Illinois, electrician, and Fidvthe M. Wood, 18. of 117 West Twenty-third. Charles F. Moeller. 25. of 841 Greer butcher, and Lc.ha P. Chipp. 20, of 927 Pleasant saleswoman. Building Permits T. E. Grinslade. dwelling and garage. 2514 South East. $2,150. T. E. Grirslade, dwelling and garage, 2518 South East. $2,150. T. E. Grinslade. dwelling and garage 2522 South East, $2,150. Dora McCliutock. garage. 3444 North Illinois. $225. Coone drug store, repairing, 449 Norh Illinois. S3OO. Ed Sommers, reroofing. 258 Madison, $495. Shell Petroleum Company, filling station. Thirtieth and 'farttndale. $4,000. Capital Furniture Company, repairing, 229 South Meridian. $250. J. G Nelson, addition. 2835 Bhelbv. $l.lOO. TOO FATE TO CLASSIFY BIG FOUR UNCLAIMED FREIGHT STATION 1 all-electric. 8-tube radio set. console cabinet, built-in power' dynamic speaker, nationally advertised. Complete with tubes, SBS. Large supply of paints in storeroom; wooden doors, various sizes and prices. Corner Capitol Ave. and South St.