Indianapolis Times, Volume 41, Number 244, Indianapolis, Marion County, 20 February 1930 — Page 16

PAGE 16

STOCK RALLY ARRESTED BY DIP IN STEEL Sales Follow Each Upturn; Recession Proceeds in Orderly Manner.

Average Stock Prices

Average of thirty Industrials for Wednesday was 268 46 off 2.27. Average of twenty rails was 154.95, off .49. Average of twenty utilities was 99.02, of? 22 Average of forty bond\ was 63.83. up .03. Bu United Press NEW YORK, Feb. 20.—A further drastic decline in United States Steel to anew low' on the movement at 183%, off 1%, from the previous close arrested a rally on the stock market around noon today. Steel’s weakness brought out heavy selling in such leaders as American Can, Westinghouse Electric, Johns Manville, Standard Gas, National Cash Register, Western Union, United Fruit and a long list of others. The foregoing issues were down 1 to more than 3 points. Prices Off Early Early in the day prices were depressed. Then followed a rally that brought Steel to around 185, and the whole market exhibited a better tone. When Steel broke later the selling again swept over the list, and nearly every issue sold off from the previous close. A rally in wheat and cotton took place after both had sold off at the opening. The cotton market held gains well, but wheat dropped to new lows for the season with prices off more than 2 cents a bushel. Return of weakness in wheat had an adverse effect on stocks and selling predominated. All groups, except tobaccos dipped from fractions to more than 3 points. Drop Is Orderly There were intermittent periods of recovery of individual issues due to buying on the declines for the long haul. Each semblance of a bull move, however, brought out large amounts of stocks and the issues dropped lower. Utilities were firm for a time, but they quickly dropped with the remainder of the market. The recession nevertheless, was an orderly one and no issue w r as broken beyond the bounds of technical proportions. There was little in the days news to affect the list one way or the other. Call money ruled at 4% per cent in good supply. However, belief that a reaction was long over due caused many to unload their long lines and this selling was so great that the buying was unable to overcome it. REALTORS ASK REVISION Committee Named to Seek Change in State Constitution. A committee to urge revision of the state constitution was named at a meeting of the board of governors of the Indiana Real Estate Association at the Lincoln Wednesday. Roscoe Hemstock of Hammond was appointed chairman of the committee by Samuel E. Gray, Terre Haute, president of the board. Other members are William H. Surbaugh, Anderson; Walter L. Curdes, Ft. Wayne; Frank E. Gates, Indianapolis; Roy M. Friendly, Muncie; Walter B. Smith, New Albany, and Jesse A. Bailey, Richmond. The board will name a representative of every real estate board in Indiana as soon as the local boards have selected them. *

Local Wagon Wheat

City grain elevators are paving $1.03 for No. 2 red wheat and $1.00 for No. 2 hard wheat Investments FLETCHER. AMERICAN COMPANY Indiana's Largest Investment House

James T. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated w York Curb 203 Continental Bank Bldg. Tel. RIley 5493—RIley 5494

CITY TRUST COMPANY

TUNE IN WFBM SATURDAY, FEB. 22, at 7:20 To Hear INDIANAMICHIGAN BASKETBALL GAME CITY SECURITIES CORPORATION DICK MILLER, Pres. 108 E. Washington St.

Business —and— Finance

Bu Umted Press WASHINGTON. Feb. 20. The Chicago, Rock Island & Pacific railway Wednesday filed a joint application with the Chicago, Rock Island & Gulf railroad for authority to construct seventy-six miles of new line in New Mexico and Texas, it was announced at the I. C. C. Atlas Stores corporation for the seven months er.c./'d Dec 31. 1929. reports net sal* of ti 1,534.132 and net earnings after all expenses and federal taxes, of $937,771. the latter being equal to S3 17 a share on the 295.301 shares outstanding as of Feb, 1, 1930. For the twelve months ended June 1. 1929. net sales were $15,175,766 and net earnings $1,111,842, or $3.78 a share on the same amount of stock, thus indicating that earnings for the last seven months of 1929 almost equaled the par share earnings for the twelve months period ended June, 1. 1929. Directors of the G. C. Murphv Company declared the regular quarterly dividend of $2 per share on the preferred stock, payable April 2 to stockholders of record March 22. Net profits of the American Chain Company, Inc., and subsidiaries for 1929 were the largest in the company's history. totaling 53,279.310, after providing for bond interest, depreciation and reserve for federal taxes. This compares with net earnings of $110.M2 for the preceding year. The 1929 earnings, after preferred dividends, were equivalent to $10.12 per share on the common stock. CHICAGO, Feb. 20.—Unfilled orders on the books of Rockford Drilling Machine Company, subsioiary of Borg-Warner Corporation, are larger at present than at anv time during the last several years, F. C. Trainer, president, said Wednesday. The company has drawn up a production schedule lor the next three months calling for a 25 per cent increase in output. The hoard of directors of the Midland United Company has declared a stock dividend of IV4 per cent upon the common stock of the company, payable on March 21, 1930, to stockholders of record at the close of business, March 1, 1930. Directors of the Schif? Company have declared the regular quarterly dividend of $1.75 on the preferred stock, payable March 15. to stockholders of record Feb. 28. Directors of Edison Brothers Stores. Inc., have declared a quarterly dividend of 51.75 per share on the preferred stock, payable March 15 to stockholders of record Feb. 28. and also a quarterly dividend of $1.75. payable June 14, to stockholders of record May 31. The board of directors of the Indiana Hydro-Electric Power Company has declared the regular quarterly dividend of l-\ per cent of preferred stock of the company, payable March 15. 1930. to stockholders of record Feb. 28, 1930. DETROIT. Feb. 20.—Net income of the Evans Auto Loading Company, Inc., and subsidiaries for the year ended Dec. 31, 1929. after all charges including federal taxes was $802,399 or 03.28 per share on the 244,494 shares of stock outstanding. This compares with net profit of $760,050 in 1928. CHICAGO, Feb. 20.—Formation of a new subsidiary company to handle poultry car operations of the North American Car Corporation was announced by E. R. Brigham, president of North American Car Company. The new company. Palace Live Poultry Car Company, incorporated Jn Delaware, will operate a fleet of 2,700 live poultry cars, composed of those formerly operated by another North American subsidiary, and those acquired from Live Poultry Transit Company on Jan. 1. 1930.

In the Stock Market

IBy Thomson & McKinnon) NEW YORK, Feb. 20.—An interesting situation is developing in the steel industry, the latest moderate gains tending to be somewhat offset in effect by the increased unevenness in demand, with most of the support at the moment due to railroad and building trade orders. Nc change was made in Bank of England rate, but a sharp and gratifying improvement was effected in its reserve ratio, indicating the manner in which banking conditions generally are being strengthened. Unsettlement of commodities unquestionably has become an important factor as regards its influence on the stock market. There have been several other developments of a momentarily discouraging nature, including an official Washington dispatch indicating about 2%% seasonal decline in January employment for eight major industries. On the other hand, attention should be directed to the improvement which has occurred since the first week in January, with the present situation revealed by the better reports recently emanating from official sources. We are not disturbed by the market recession and feel that in all likelihood it reflected more a transitory change in technical position than any unfavorable turn in external developments. We continue to suggest advantage be taken of price concessions for the purchase of better grade stock. ‘CONFESSION’ FAILS TO SAVE PRISONER Woman Admits Slaying Husband, but Father Must Serve Term. JACKSON. Miss.. Feb. 20.—The “poetic murder confession” of Mrs. Pearl Drew failed today to keep her father from returning to prison to complete a five-year sentence for the slaying of his son-in-law, although Mrs. Drew claims she killed her husband. Governor Theodore Bilbo said the three months’ suspension of sentence granted G. T. Gunter, Mrs. Drew’s father, expired today and will not be renewed. The suspension was granted when Mrs. Drew confessed to the crime. Mrs. Drew. 24 and mother of four children was released from Benton county jail Wednesday night- on her own recognizance and without bond on an order from Judge Thomas Pegram for a deferred sentence. TEACHER CANDIDATE FOR TRUSTEE’S POST Miss Fay Terrell Enters Race for Democratic Nomination. Miss Fay Terrill, school teacher, today announced her candidacy for the Democratic nomination for Center township trustee. Miss Terrill has taught in high school and college and has been identified with Democratic politics for some time, having served as precinct committeewoman and as vice-chairman for the Ninth ward. In 1928 she was alternate delegate to the Democratic national convention at Houston. She is a member of the National Education Association, the Jefferson Club, Seventh district and Indiana Demorcatic women's clubs, and the Irvington M. E. church.

HOGS CONTINUE WEAKER TREND AT CITY YARDS Cattle and Calves Steady to Lower; Sheep Unchanged. Feb. Bulk. Top. Receipts. 13. $11.05® 11.40 $11.40 3.500 14. 11.15 ft 13.50 11.50 4.500 15. 11.154111.50 11 60 2 000 17. 11.504111,75 11.75 3 000 i 18. 11.004*11.65 11.65 5.000 ! 19. 11.104111.50 11.50 5.000 20. 10.904/ 11.35 11.35 4.000 Hogs continued lower today at the Union Stock Yards, prices mostly 15 cents off. The bulk, 150 !to 275 pounds, sold for $10.90 to $11.35. Small lots brought $10.40. Receipts were 4.000; holdovers, 570. Cattle receipts were 800; slaughter classes weak to lower. Veals were steady at sls down. Calf receipts were 550. Sheep were mostly steady, lambs | ranging in price mostly at sll to $11.25. Receipts were 400. Chicago hog receipts were 30,000, including 4,000, direct. Holdovers were 5,000. Today’s market was slow with a few early bids and sales 10 to 15 cents lower than Wednesday’s average; 200-pound weights brought $11.10; 230-pounders, $10.85; 270 to 280-pound weights, $10.25. Cattle receipts were 7,000; sheep, 10,000. —Hogs— Receipts. 4.000; market, lower. Heavies, 300 lbs. up $10,354/10.75 250-300 lbs 10.854, 10.95 Med. wts.. 225-250 ibs 11.10 220-225 lbs 11.25 Light wts., 160-200 lbs 11.354/ 11.40 Light Its., 130-160 lbs 10.404111.00 Light wts.. 160-200 lbs 9.504/10.10 Packing sows 8.25®, 9.50 -CattleReceipts, 800; market, steady. ' Beef steers 1,100-1,500 lbs., good and choice $12,004/ 14.75 Common and medium 9.25&12.00 Beef stcres, 1,100 lbs. down, food and choice 12.2545:15.00 Common and medium 9.50<h,12.25 Heifers. 350 ibs. down, good and choice 11.504514.00 Common and medium 7.004511.50 Cows 8.254/; 9.75 Common and medium 6.50 45 8.25 Lower cutter and cutters.... 4.50(//, 6.50 Stocker and feeder steers, good and choice 9.5045,11.25 Common and medium 6.754 t 9.50 •—Veals— Receipts, 550; market, steady. Medium and choice $11.004515.00 Cull and common 6.504511.00 —Sheep— Receipts, 400; market, steady. Lambs, good and choice $11.004512.25 Common and medium 9.004/ 11.00 Ewes, medium to choice 4.504/; 6.25 Cull and common 2.0045 4.50 Other Livestock Bn United Press CHICAGO. Feb. 20.—Hogs—Receipts, 30,000; including 5,000 direct; market, mostly 10® 15c lower; fairly active at decline; top, $11.15; bulk. 160-240-lb. weights. $10,604/ 11.10; 250-300-lb. weights, $10,254// 10.60; butchers, medium to choice, 250-350 lbs.. $lO4/ 10:60: 200-250 lbs., $10,354/ 11.15; 160-200 lbs., $10,504/11.15; 130-160 lbs., $9,404/ 11.10; packing sows, $8,654/9.75; pigs, medium to choice, 90-130 lbs., s94' 10.aO. Cattle—Receipts, 7,000; calves, 2,500; steer trade generally steady; top. $14.50; bulk, $13.25 downward to $11.50: all she stock, weak to 25c lower, very draggy; slaughter classes, steers, good and choice. 1300-1500 lbs., 5134/15.50; 1100-1300 lbs., $134//16; 8501100 lbs., $134/16; common and medium, 850 lbs. up, $8,754/ 13; fed yearlings, good and choice, 750-950 lbs., $13@16; heifers, good and choice, 850 lbs. down, sll.soft/ 14.25; common and mifduiin, SB4/ 11.50; cows, good and choice, $7.5041:10; common and medium, $5,504/7.50; low cutter and cutters. [email protected]; bulls, good and choice, beef, $7,754/9; cutter to medium. $6.75® 8.25; vealers, milk fed. good and choice, $10®14.50; medium, $94/10; cull and common. $74/9; Stockers and feeders, steers, good and choice, all weights. $10,754/11.75; i common and medium. SB4/, 1C.75. Sheep—- ! Receipts. 10.000; market, opened slow, steady to weak; early bulk fat lambs, sll4/11.60; top to outsiders, sl2; fat ewes, $6 downward; feeding lambs, steady: top, $10.50; lambs, good and choice, 92 lbs. dow'n. $10.40(3,12; medium. $10®10.75; cull and common. s9@lo; medium to choice, 92-100 lbs. dewn, $9.254411.35; ewes, medium to choice, 150 lbs. down. $4,754/6; cull and common. $24/5; feeder lambs, good and choice, [email protected]. Bu United Press PITTSBURGH. Feb. 20.—Hogs—Receipts. I, market, 15 to 25c lower; 150-220 lbs.. $11,754/ 11.85; 230-300 lbs., $11,254/) 11. 100-130 lbs., sll4/11.25; sows, steady at $94/9.75. Cattle —Receipts, none: calves receipts. 200; market, steady; top vealers, sl6. Sheep—Receipts. 750; market uneven; steady to 25c higher; finished 88lb. lambs, $22.25. Bu United Press CLEVELAND. Feb. 20.—Hogs—Receipts, 1,300, holdover 740; steady to 10c lower; bulk mixed 150-260 lbs., $22.35 down; top. $11.40; 260-300 lbs., sll4/11.15; pigs. $11; sows. $8,754/ 9; stags, $6,754/7. Cattle — Receipts, 350; market, slow, generally weak to 25c lower; common and medium steers, $10,254/ 11.75; common to medium cows around $6.50®7.75; cutter grades, $4,504/ 5.75 mostly; bulls, 75c4/$l under later last week, desirable sausage offerings, $74/ 7.75. Calves—Receipts, 400: vealers, weak to 50c lower; bulk. sl6 down; top. $16.50; common to good kind, $124/ 15.50. Sheep — Receipts, 1.000; lambs, steady to easier; around, sll4/11.75; medium throwouts, $104? 10.50; sheep, weak. flu United Press CINCINNATI. 0.. Feb. 20.—Hogs—Re--1 ceipts 1,100- holdover. 320. steady; bulk good and choice 170 to 230 lbs.. $11.50; } heavier weights slow, scarce; light lights and pigs 120 to 160 lbs. mostly $10.75; choice strong weights higher; bulk sows, $94/9.25: few smooth finished light weights. $9.50. Cattle—Receipts. 175. Calves—Receipts. 125, steady; scattered sales butcher j offerings up, 511.75; beef cows, $74'8.50; low cutters and cutters. $54? 6.25; bulls, $8.75 down: vealers. steady; top. $14.50; bulk above $7. Sheep—Receipts. 75; steady few head desirable lambs up to $1,200: common and medium, $8.50(310; best ewes listed, $6. Bu Times Special LOUISVILLE. Ky., Feb. 20.—Hogs—Receipts. 700; market, steady; 250 lbs. up. $10.65* to 250 lbs.. $11.35; 130 to 165 lbs.. $10.55; 130 lbs. down, 59.05; roughs, $8.65; stags. $8.05. Cattle—Receipts. 200; market steadv: Prime heavy steers. $114712.50; heavy shipping steers. $10@11; medium and plain steers. $8,504/10; fat heifers. SB4/12: good to choice cows. S7®9; medium to good cows. $5,504/ 7; cutters, $5.25 ‘a 5.50: canners. $3.50475; bulls, $6479.25; feeders. SB4/ 10.75: stockers, $7,504/11. Calves—Receipts, 200; market. steady: tops $12.50; good to choice. $114712.50; medium to good. $94/11; outs. $8 down. Sheep—Receiptsc. 50: market, steady; ewes and wethers. $10,504/ 11; buck lambs. $9.50 (310: seconds, $64/8. sheep. $4.5047 5.50; Wednesday's shipments: Cattle, none; calves, 263; hogs, none; sheep, none. Bu United Press FT. WAYNE. Tnd.. Feb. 20.—Receipts, calves. 50: hogs. 300: sheep, 25: hog market steadv to 10c lower: 120 lbs. down, $9.25: 120-140 lbs.. $9.75: 140-160 lbs.. $10.50: 160-200 lbs.. $11.10: 200-225 lbs., *11; 225-250 lbs.. $10.80; 250-300 lbs.. $10.50; 300-350 lbs.. $1.20; roughs, 58.50; stags. $6; calves, sls; lambs. $lO. Bu United Press TOLEDO. Ohio. Feb. 20.—Hogs—Receipts, 500: market, steadv to 25c lower; heavies, $lO4/ 10.25: mediums. $114711.10: Yorkers. $10,254:10.75; pigs, $10" 10.50. Cattle—Receipts, 100: market, steady. Calves—Receipts, light; market, steadv. Sheep and lambs—Receipts, light; market, slow. Bu United Press EAST BUFFALO. N. Y.. Feb. 20.—Hogs— Receipts. 900: holdovers, 700: slow, 10525 c lower: bulk. 150-240 lbs.. $11.65® 11.75: few earlv, $11.85: 230-260 lbs.. $11.10311.50: 130 lbs. down. $11.25; packing sows. $9(39.50. Cattle—Receipts. 125: cows, unchanged, cutter grades. $44/ 6.25. Calves—Receipts, 100: vealers. slow and steadv: $16.50 down. Sheep—Receipts. 1.500: lambs, slow and steadv: good to choice. 87 lbs. down. $11.75 ,'./12: some held $12.25: medium affd strong weights. $1047 11 ; shorn lambs, $10.50; fat ewes, $6.50.

Investment Trusts

—Feb. 20Bid. Asked. American Founders, new 26' 2TVi Basic Industrv Shares 8 7 s * 9 5 a Corporate Trust Shares 9'-s 9'n Fixed Trust Shares A 21 ... Fixed Trust Shares B 18*2 ... Investment Trust of N Y.... 11 -i ll 7 a Leaders of Industry ll a g 12‘a N. American Trust Shares ... 9 5 a 10'a Petroleum Trading ccrn A... 20 25 Revbarn Cos 10 20 S W Strauss Inv Cn Units 52 58 Trustee Std Oil Share 10*2 ll 1 * U S Elec Lt & Fwr Sh. A 39‘i 42Vi First Investment Corp Ill* ...

THE INDIANAPOLIS TIMES

New York Stocks

Railroads— Prev. High. Low. 12:00 close. Atchison 233'‘4 233 233 234 At; Coast Line 170 170 Balt Sc Ohio 1,16"* 116*4 116% 116*4 I Canadian Pac ..213 212*/* 212', 214 Chesa & Ohio.. 232% Chesa Corp 74 *i 74 74 75 Chi Sc N West 88 88$* Chi Grt West >. 13% 14 C R I & P 122'i Del Sc Hudson 175 Del Sc Lacka ... .. 146*2 Erie 60*4 60 s , 60 4 60% Erie Ist pfd 65% 67*3 Grt Nor 100 99 Gulf Mob & Oil 43% HI Central 129 130 Lehigh Valley 74 Kan City South.. .. ... 80 80’, Mo Pac ... 90' i ... M K & T 54'4 54 54*., 54% Mo Pac pfd 138’, ITT/ N Y Central 188 187 188 188 N Y C & St L.. 139 138 138 140*2 N Y N H & H, ..121 12C 120>a 122 Nor Pacific 94 93*4 94 94% Norfolk Sc West 260 O & W , 15'j Pennsylvania . . 83% 83*8 83% 83% Reading 130 129' 2 130 Seab'd Air L 27 27 Southern Ry ... 131 131-n Southern Pac ... ... 124% St. Paul 24'4 24 24 24 1 2 St Paul pfd 42'4 41 s * 41% 42', St L & S F 112’* 113 Union Pacific ..23! 230 230 231 West Maryland 27 *26% 27 27’, West Pac ... 25’2 Rubbers— Ajax 2% 2 2'a 2'a Fisk ... 3’., 3% Goodrich 48% 47*'4 47" / 48', Goodyear 82% 81'1 82 82% Kelly-Spgfid ...... ... 5 4 7 a United States.. 27'/, 26 s , 26% 28% Equipments— Am Car Sc Pdy 89% 79*4 Am Locomotive 100', 100 100 V, 100'a Am Steel Fd 50 49',, 49*4 50 Am Air Brake sh . . ... .. 51 *4 Man Elec Sup . 33% 33', 33*, 33% Gen Elec new. 73% 72% 73% 73% Gen Ry Signal.. 94 93'2 93'2 94 Gen Am Tank.. 105% 105% 105% 106 N Y Air Brake 46% 47 Pressed Stl Car 14% 14% 14% 14% Pullman ... 83 83% Westingh Air B . .. ... 49 49% Westingh Elec. .178% 174 178 179 Steels— Am Rol Mills... 95% 93Vs 95% 96’4 Bethlehem 100% 99% 100% 100% Colorado Fuel... 55% 53% 55% 54 Crucible 89% 89 89% 89% Gulf States Stl 78% 73 78% 76% Inland Steel 84 Otis 34% 34% Rep Iron Sc Stl. 78 77 78 77% Ludlum 43 42% 43 42% Newton 55*.4 53'4 53*4 ... U S Steel ....185 183% 184% 185*4 Alloy 33 s /, 33% 33% 33% Warren Fdy ... 25 Youngslwn Stl.. .. ... ... 130 Vanadium Corp 69% 68% 69 67% Motors— Am Bosch Mag.. .. 50 Briggs ... 15% 15% Brockway Mot.. .. ... 16 16 Chrysler Corp.. 37% 37% 37% 37Vi Eaton Axle 36% 35 36% 34% Graham Paige ... 10% 10% Borg Warner . . 39% 39'% 39% 40 Gabriel Snubbrs .. ... B'4 B'/l General Motors 42% 42% 42% 42% Elec Stor Bat.. .. ... 74 74% Hudson 56 55 557, 56 Haves Body Corp . . ... 7% 7% Hupp 22% 22% 221, 22'% Auburn ... 225 225 Mack Trucks... 797, 79% 79% 79% Marmon ... 24 23% Reo 14% 13% 13% 13% Gardner ... 5% 6 Motor Wheel 31% 31% Nash 51% 51*4 51% 52 Packard 17% 17% 17% 18 Fcerless ... ... 11% Stucebaker Cor. 43% 43 43*4 43% Stew Warner ... 39% 39 Timken Bear.... 77 76% 76% 77 Willys-Overland. 10% 10 10 10', Yellow Coach... 21 207, 21 20% White Coach.. 21 20% 21 20% White Motor 34% Mining— Am Smelt Sc Rfg 70*% 70*4 70% 71 Am Metals 47 Am Zinc ... 15% 15 Anaconda Cop.. 72 71% 72 72*4 Calumet & Ariz.. 76 75% 75% 76 Calumet Sc Hecla .. ... 29*4 29% Cerro de Pasco. .. ... 60 60 Andes 31 32 Granby Corp ... 54 Gt Nor Ore 23 23 Inspiration Cop 27 267, 267, 27 *4 Howe Sound ... ... 37% Xnt Nickel 38 37% 38 38*4 Kennecott Cop.. 55% 55 55*4 55% Miami Copper... 29% 29 29 29% Magma Cop , 48 Nev Cons 27% 27% 27% 27 s , Texas Gul Sul.. 61*/2 61% 61% 61% St Joe 54 U S Smelt 33 Oils— Atlantic Rfg... 39 3874 3 9 39% Barnsdall (Al.. 21 20% 21 20% Freeport-Texas.. 41% 41 41 41 % Houston Oil .... 617, 60'4 60', 61% Indp Oil Sc Gas 20% 20% 20% 20% Conti Oil 20% 20 20 20 % Mid-Cont Petrol 24 24 24 24% Lago Oil & Tr 22% Pan-Am Pet (B) 52 52 52 52 Phillips Petrol... 25% 29% 29% 30 Prairie Oil .... 487, 48% 4874 487, Union of Cal ... ■ ■ 41% Prairie Pipe 597a 597, 597, 59 Pure Oil 21% 31% 21% 21% Royal Dutch.... 497/, 49% 49% 5074 Richfield 12% 22% 22% 227s Shell 217, 21% 21% 21 s , Simms Petrol .... ... ... 237, Sinclair Oil .... 22% 22% 22 s , 22% Skelly Oil 267, 287, 28% 287, Std Oil Cal 56% 5574 557, 577, Std Oil N J 58% 58 58% 58 7 , Std Oil N Y 317, 31% 31% 317* Tidewater 11 1.0% 10% 11 Texas Corp.... 51% 51% 517a 5174 Texas C A; O 9% 9% 9*4 9% Transcontl 874 8 % 874 874 White Fagle 26 s , Industrials— Adv Rumely ... 167, 1674 16 s , 167, Allis Chalmers. 587, 587a 587, 58% Allied Chemical 272% A M Byers 86 857, 86 86 Armour A 5% s*a 57, 57, Amer Can 139% 13874 1397, 140'.. AUeghaney Corp 32% 32 32'* 3274 Am Safety Raz ... ... 6370 Amer Ice 367, 36 367, 367, Am Woolen ... 177, 17 s , 17% 177, Asd Dry Goods.. 31'4 317, 31% 32 Bon Alum 52 52 52 53 Coca Cola 148 146% 1467, 149 Conti Can .... 617, 6174 6174 61% Certainteed 14% Croslev ... ... 18 Congoleum 1774 17 17 177* Curtiss W 10% 974 9% 1074 Davidson Chem 36'4 357/ 367, 357, Dupont 127% 1267* 127', 1267, Famous Players. 66% 657s 667, 67% Gen Asphalt.... .. 537, Fox (A) 33% 317, 337, 31% Gold Dust 42% 42% 42% 42% Gliddcn 34% 34% 34% 34% Int Harvester.. 92 90% 91% 927, Kelvlnator 127, 12% 12% 13 Lambert 103% 1037a 103% 1037, Link Belt 45 45 45 45 Loews 69 % 677, 69% 68 May Stores.... 55 55 55 55 Kolster 33 33% Montgom Ward 43% 42% 43% 42% Natl C B 75 s , 74 * 4 74 74 76 Radio Keith 30% 29% 30% 29% j Owens Bottle ... ... 607, Radio Corp .... 46 44% 45% 457, Real Silk 57 s , 56% 57 577, Rem Rand .... 36 35% 35% 36% Sears Roebuck.. 877, 86% 86% 87% Union Carbide.. 91 90 09% 91% Warner Bros .. 61 T ANARUS, 60 s , 61% 61% Ull Air Craft... 507, 507* 50% 50% Univ Pipe .. ... 4 s , USCs Ir Pipe.. 31% 31% 31*, 32% U S Indus Alco 120‘ 3 119% 120% 120% Worthington Pu 81% 81*2 817, 83 Woolworth Cos.. 62'/ 627a 62*s 627, Utilities— Am Tel & Tel ..236% 233% 236% 236 Am Pr & Lt... 94*a 94 94% 95 j Eng Pub Serv.... 5% 54% 54% 55% Am For Power.. 98% 96% 98% 97% j Am Wat Wk5.,.106 105 105-% 105% Gen Pub Serv.. 44*, 43% 44 45% ! Col G Sc E 91 39% 91 91 Consol Gas 118% 117% 118% 118% i Elec Pow Sc Lt.. 63 62% 63 63 j Int T & T 717, 70 71% 71 Nor Am Cos 109*, 107% 109% 108% ; Pac Light 89 89 89 89 I Pub Serv N .T... 95% 94% 95% 94 74 I So Cal Edison.. 63*/ 63% 63% 647, I Std Gas Sc E1..122 121% 121% 122 j United Corp .... 39% 33% 39% 39% J Utilities Power.. 38 37 37% 38 ( United GSc Imp 38% 38% 38% 38% j ".Vest Union Tel 215% 214 215% 215 Shipping— Am Inti Corp.. 44 43*, 4374 4374 | Am Ship Sc Com .. ...

On Commission Row

Fruits Apples—Delicious, box extra fancy. $4.75; fancy, $4: Baldwins. $2.50: Grimes Golden. $2.50472.75: Northern Spies, $2.25: Winesap. $2,254/ 2.50 Cranberries—Box of 25. SB. Grapefruit—Florida. $4.75®5; Texas. $5.25416. Grapes—California Alemeria, $3.75: Emperor. $3. Lemons—California a crate. $6.25®7. Limes —Jamaica. $2.50 a hundred. Oranges—California navals, $4.75417.75. Strawberries —55(5.60c Per quart. , Vegetables Beans—Florida. $4®>4.50 a hamper. Beets—Texas. $3.50 a crate. Cabbage—Old. sc: 6c a pound. Celery—Florida. $3.25-83.75 a crate. Cauliflower—Colorado. $2 a crate. Cucumbers—Florida 53.50G4.50 a crate. Eggplant—sl.7s4l2 a dozen. Kale—Spring, 90c to $1 a bushel. Letuce—California Iceberg. $3.7547.4.25 a crate: home grown leaf, a bushel. $1.65 (and 1.80. Onions —Indiana yellow. $2.25(32.50 a 100-lb. bag; white, $2.50 a 50-Ib. 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.. $3.75 3 3.85: Idaho Russets. $3 75 a 100-lb. bag. New- Potatoes —Florida Cobblers. 50-lb. crate. $3.25; Texas Red. 100-lb. bag. $6.50 Sweet Potatoes—Nancy Halls. $1.75 a hamper: Opossum brand. Indiana iersevs. $2.75 fi 2.85 per bu. Rhubarb—Horn* grown, hothouse. 6-lb. bunch. 65c. Sassafras—lndiana, 30c a doz.

(By Thomson & McKinnon)

I Atl Gluf Sc W I 71% . Inti Mer M pfd 26 ; United Fruit.. 92 90 % 90*, 92% Foods— Am Sug Rfg.... 64 64 64 62 ! California Pkg 73 Canada Dry... 71% 71% 71% 72% Com Products.. 95% 94% 95% 96 Cont Bak A 49% 48 48% 49% Borden 64 63% 64 64% Cuban Am Sug ... 8% Grand Union.... 19 19 19 18% Grand Union pfd 33 39 39 Jewel Tea ... .. 54% Kraft Cheese 44% 44% 44% *46% Kroger 42 41 % 41% 42% Loose-Wiles 60 7 * 60% 60% 61% Natl Biscuit 208% 208 208 211 Natl Dairv 50% 50 50 51 Purity Bak 84 83% 83% 84% Taft 6 5% 5% 6 Stand Brands... 26% 26% 26% 25% Ward Baking B 6% 6 s , 6% 6% Tobaccos— Am Sumtra 22% 22% 22% . Am Tob B 235 235 235 235% Con Cigars ... .. 53% General Cigar.. 58 58 58 58 Lig & Meyers.. 97% 97 97 s , 79% Lorillard 24% 33% 23% 24% R J Reynolds.. 54% 54% 54% 55 Tob Products B 5 4 s / 5 4% United Cigar St 6% 6% 6% 6% Schulte Ret Btrs 9% 9% 9% 974 In the Air Weather conditions in the air at 9:30 a. m.: Southwest wind. 5 miles an hour; barometric pressure, 30.20 at sea | level; temperature, 57; ceiling un- | limited; visibility, 7 miles; field soft. Arrivals and Departures Curtiss-Mars Hill Airport—Lieutenant Norman Metzger, Indiana national guard, Indianapolis to Cincinnati and return; Lieutenant Matt G. Carpenter, Indiana national gurfrd, to Fairfield, 0., and return; Carl E. Bolter, New York to St. Louis, Curtiss Robin; G. E. Stoll, Cleveland to St. Louis, Pitcairn Sport Mailwing; Earl W. Sweeney, Curtiss flight instructor, IndianapoI lis to St. Louis Air Show, national I guard plane; T. A. T. passengers inJ eluded Seth Kline, R. B. Evans, Evans Milling Company treasurer; Walker W. Winslow, Indiana Aviation Corporation president; May Willianjs, 3303 North Illinois street; Ray Mcßobert, Detroit; W. H. Sears, 5008 North Meridian street; Harry Kittner, Corydon; A. F. Dicks, 1133 Franklin street; William Marshall, 302 Blue Ridge road; J. M. Davis, 5353 North Delaware street; J. J. Liddy, 314 North Arsenal avenne, and J. T. Rigely, 3633 Coliseum avenue. Hoosier Airport—David Howell, St. Louis to Buffalo, N. Y„ Curtiss Robin, overnight; Harold C. Brooks, Hoosier airport secretary, Indianapolis to St. Louis, Travel Air biplane, with Chevolair motor; Bob Shank, Indianapolis to St. Louis. Capitol Airport—James F. Douglas, three passengers, Indianapolis to Ft. Wayne and return, Ryan brougham; Wallace Ensminger, Shelbyville to Indianapolis, overnight, Waco plane. Chamberlin Stops Here February weather plays havoc with airport landing fields, according to Clarence D. Chamberlin, trans-Atlantic flier, who was forced to stop over in Indianapolis Wednesday night when his plane became mired. He stayed at the Lincoln WedneV day night after experiencing difficulty in landing and taking off at several different airports on his way from New York to the air show in St. Louis. Commenting that airports everywhere this time of year “are terrible,” he said cinder and concrete runways are the logical solutions to muddy fields. “Every airport should have a runway. It is essential to all-year flying,” he declared. Following his purpose on the trip to show efficiency of delivering daily papers by air, he sent a souvenir copy of the New York Times to Governor Harry G. Leslie. He had dropped papers to four other Governors and to Wilbur Wright, airplane inventor, at Daytoit, on his way here. * Recognize Air Feat Bu Science Serrice WASHINGTON. Feb. 20.—Official recognition by the National Aeronautical Association and the Federal Aeronautique Internationale of Paris of the feat of Test Pilot D. S. Zimmerley in reaching an altitude of 26,900 feet or greater at St. Louis, Mo., Sunday, Feb. 16, which is expected within two weeks, will bring to America her second world ecord in the light airplane class. The latest official list of world and American air records published Jan. 1, 1930, by the contest committee of the national association gives America only three places in the light airplane class, and two of these will soon be world records, : both held by Pilot Zimmerley. Apparently sufficient interest has not been aroused in this country in these events even to prompt qualifications for the American records. Diesel Engine Tested Bu Uni tea Press WASHINGTON. Feb. 20.—Experiments which may revolutionize the airplane industry were begun Wednesday by the army air corps at Wright field, Dayton, O. The tests are expected to prove fessibility of a motor using oil instead of gas for fuel. If successful, the two greatest obstacles confronting the more rapid advancement of aviation, excessive operating costs and the hazard from fire, will be eliminated. The motor, a Packard-Diesel. is a radical departure from the usual gasoline airplane motor. Having no carburetor, spark plugs or ignition system, its power is derived from oil injected into the cylinders through a spray nozzle and ignited by heat generated by compression. Star Pilots Try Gliders Bu £<-ripn*-Ifoiritrd Xewspauer Alliance ' ST. LOUIS, Feb. 20.—Several well-known airplane pilots made their ffrst glider flights at Parks j airport here, and got the thrill of their lives out of it. Herb Fahy, holder of the solo endurance record for airplanes; Paul Collins and John Collins, former T. A. T. superintendent; Wylie Post, west coast pilot, and Joseph E. Boudwin, commerce department inspector, all took hops. The glider was launched from level ground by shock cord, stretched out by pulling it with an auto. Each pilot hopped about 600 feet, and all admitted they were a little frightened. NEW YORK COFFEE RANGE —Feb. 19— High. Low. Close, j January 7 40 7.40 7.40 March 8.70 8.53 8.53 Mar 8.06 8.03 8.03 July 7.80 7.77 7.77 1 September 7.51 7.40 7.40 December 7.57 7.43 7.57

WEAK CABLES FORCE WHEAT TRADE LOWER Liverpool Market Shows Effect of Heavy Sales Pressure. j Bu T nited Press CHICAGO, Feb. 20 —More liquidai tion appeared on the Board of Trade at the opening today and wheat broke again. Discouraging !"foreign news and stop-loss orders | drove the market downward. Liver- ! pool rallied slightly from its low | point but Buenos Aires remained ’% Ito 1 cent lower just before noon, i Corn was off with wheat but oats : held steadier. At the opening wheat was *i to j % cents lower, corn was % to ■'% i cent lower and oats was unchanged to Vs cent lower. Provisions were steady. Early cables report that the Liverpool market is demoralized and prices there were down to 2% to 3 cents shortly after noon. Reports from Winnipeg indicate that the pool officials failed to complete negotiations with English millers and are returning empty-handed. Chicago traders are watching that market expecting another sharp break at any time. The local situation is indicated by the fact prices are now' 50% cents lower than last July and 8 cents under the figure at which the market stood when the farm board organized the stabilization corporation. May wheat is relatively lower than Liverpool. March and July corn were at new low levels yesterday, the break in wheat carrying all other grains with it. A poor cash demand was also depressing. Country offerings, however, have almost ceased due to the lowness of the present prices. The liquidation in oats was due to the action in wheat and corn.

Chicago Grain Table —Feb. 20— Prev. WHEAT— High. Low. 12:00. close. Mar 1.09‘L 1.0814 1.08% 1.09% Mav 1.14% 1.13 1.13% 1.14% July 1.16 1.15 1.15 1.16% CORN— Mar .83% .83 .83% .83% May 8714 .86 .87% .871 2 July 89% .89% .89’/a .89% ! OATS— Mar 41% .41% .41% .41% May 43% .42% .42% .43% July 43% .42% .43 43 RYE— Mar 79% .78% .78% .80% May 77% ,76 V; .76% .78 >4 July 80% .80% .80% .79% LARD— May 10.85 10.80 10.80 10.80 July 11.05 11.05 11.05 11.05 Sept 11.25 11,2* 11.25 11.27 Bv Times Special CHICAGO. Feb. 20.—Carlots: Wheat, 7; corn. 264; oats. 26; rye. 1, and barley, 2. Births Gjrls 1 Charles and Lena Monroe, 563 Wilkins. William and Goldie Devinell, 1739'West I Morri/i. ! John and Elizabeth Burkhardt, 1634 Bradbury. i Pavel and Elena Georgieff, 939 North | Warman. i Lewis and Anna McCurdy, Methodist hos- | pital. „ I Henry and Ida Ochs, Methodist hpsI pital. • Emil and Ruth Linegar, Methodist hospital. Robert and Ethel Hopson, city hospital. Ora and Francis Holcomb, city hospital. Gradie and Willey Spears, city hospital. R'oy and Sarah Garrett, city hospital. ! Calvin and Ocle Kaiser, city hospital. Max and Carrie Mumphrey, city hospital. Murray and Beulah Harris, city hospital. George and Addle Maxwell, 202 South Minkner. Wayne and Hattie Vaden, 804 West Drake. William and Sally Cantrell, 2832% East Twenty-fifth. Harry and Lena Ingram. 1149 Maple. Robert and Dorothy Lee, 215 North Traub. Coley • and Augusta Cox. 1428 West Everett. Henry and Hattie Esler, 1422. South Sheffield. Roosevelt and Georgia McCloud,’ 944 North West. Charles and Eva Rensse. 339 Beauty. Boys Harry and Kathleen Green, Methodist hospital. John and Ruth Barnhill. Methodist hospital. Merle and Rose Sheets, city hospital. William and Maggie McMiller, city hospital. Chester and Gertrude Laddewsaw, city hospital. 1 Lewis and Mabel Suiter, city hospital. James and Lula Moran, city hospital. George and Melva Tittle, city hospital. Otis and Helen Brazelton. city hospital. Tanner and Maude Hicks, 1043 Hunter. Julius and Mary Edwards, 119 Blake. Luther and Bertha Hart, 515 South Grover and Ona Walters, 266 North Richland. James and Pinky Evans, 934 South Illinois. James and Ollie Gentry, 122 Dickson. Twins Oris and Agnes Newby, 1911 Nowlnad, girl and boy. Deaths 9nnie L. Marksburv, 77, 545 East Eleventh, arteriosclerosis. Amanda Beck. 90. 4652 Kenwood, hy•postatlc pneumonia. Rose Alice Kent, 52. city hospital, broncho pneumonia. Fredrick W. Moses. 75, 2234 Parker, myocarditis. Alvin Williams. 40. 648 Indiana, cerebrospinal meningitis. Albert De Bolt, 50, 648 Indiana, cerebrospinal meningitis. Belle Cohn, 66, St. Vincent’s hospital, carcinoma. Mary Catherine Pullens. 2. city hospital, broncho pneumonia. Lydia Anna Pelkey, 67. 1515 North Gale, carcinoma. , Thomas Dorsey. 41. 535 Agnes, pulmonary tuberculosis. Merrill Miller. 71. city hospital, arter.osclerosis. Crith Ward. 33, city hospital, chronic myocarditis. Eugene Franklin Reed. 18. city hospital, cerebrospinal meningitis. Anna Lindner, 47, 1434 East Tenth, carcinoma. Catherine Clark, 78. 825 South Belle Vieu. lobar pneumonia. Wllhelmina Suhr. 79. 5506 College, chronic myocarditis. Mary Catherine Burns, 17, 3522 North Illinois, pulmonary tuberculosis. Linnie J. Shirley. 77. 536 East Twentyninth. myocarditis. George Glenn Jackson. 39. 320 South Hamilton, aortic insufficiency. John Bvasse. 20, city hospital, acute myocarditis. Building Permits R. W. Lowery, repairing, 1152 North Holmes. S3OO. J. Brannum, reroofing. 1220 North 111nois. $950. Alma Dawson, addition. 1842 North Alabama. $2,000. James Goswich, storeroom. Tenth and Holmes. SB,OOO. Gudelhofer Realty Company, reroof, Capitol and Maryland. $336. H. F. Robbins, addition. 1714 Milburn, $856. S. W. Denny, addition, 2548 East Eighteenth. $390. William Taylor, addition, 2029 Massachusetts. $650. HELD ON INDICTMENT Chicago Man Rearrested on Charge of Possessing Revolver. Charges of possession of a revolver against James Howard, 52, of Chicago, were dismissed in municipal court three today and he was rearrested on a grand jury indictment charging the same offense. His bond was fixed at $2,000. The grand jury indictment charges illegal possession of the revolver under an Indiana law, which prohibits any person convicted of a felony having a weapon. It is alleged Howard served a prison term some years ago.

The City in Brief

Garvin M. Brown, secretary- ; treasurer and general manager of ! the Indianapolis Stove Company, is i one of eight alumnus of Princeton ; university nominated as trustees. I Two of the eight will be elected in June by the alumni trustees. Butler university enrollment for I the second semester totals 1.579 ; with additional enrollments expectI ed. Twenty-eight students trans- | ferred from other colleges and unij versities have registered, including I nine students from Indiana and Purdue universities. Allison Koelling was elected president of the Butler university “If” : Club, freshman honorary society, at ; a meeting this week. Joseph Macy was named vice-president and Howard Benson secretary-treasurer. Police aid has been asked by relatives in locating Paul McKeand. 21, ! of Fortville, who disappeared Monday night after attending a meeting of salesmen here. Herbert Foltz, local architect, will discuss architectural questions suggested by an exhibition of small house designs now on view at John Herron art institute, in a gallery talk at the institute at 3 p. m. Sunday. Raymond F. Murray. 1928 Democratic nominee for prosecuting attorney, seeking renomination, will address the First Ward Democratic Club at Olney street and Roosevelt avenue Friday night. James M. Hesser, 568 North Audubon road, student at Ohio Wesleyan university. Delaware, 0.. ha:; been chosen a member of the men’s glee club contest group. Hesser is a junior at the university. The conscientious investment mail in 1930 will expect realtors to apply principles of sound common sense to their financing proposals, Myron Hughel of Pfaff & Hughel, realtors, told the Indianapolis Real Estate I Board at its weekly luncheon Wednesday at the Lincoln. An unannounced speaker will lecture on the children's museum at l the weekly luncheon of the Exchange Club, at the Lincoln Friday. Officers and directors of the Madi son Avenue State bank were reelected at the fourth annual stockholders meeting this week at the bank, Madison and Terrace avenues. Michael V. Berg, 45, Chicago, who hanged himself with his scarf Monday in city prison, was not suffering from rabies from a dog bite incurred three weeks ago, according to Coroner C. H. Keever today, after examination of Berg’s brain. . STEEL OUTPUT REPORT UAINS Increased Demand Is Aid to Upturn. Bu United Press NEW YORK. Feb. 20.—Steel ingot output gained increasing momentum during the last week and improvement was also noted in the pride structure, it was reported today. Due to increasing demand from automotive manufacturers, railroad equipment manufacturers and structural steel users, operations of the United States Steel Corporation are now reported at between 85 and 86 per cent of. capacity, as compared with between 83 and 84 per cent a week ago and 80 per ’cent two weeks ago. Substantial improvement is also shown in output of the independent companies, which are running at 77 per cent of capactiy, against 76 per cent last week and 73 per cent two weeks ago. • While there has been a steady pickup in steel operations in recent weeks, operations are still well below those at this time last year, when the Steel Corporation was running at better than 90 per cent j and the independents around 86 per cent.

Produce Markets

Eggs (country run'—Loss off. delivered in Indianapolis, 25c; henery quality. No. 1. 30c; No. 2. 25c. Poultry (buying prices)—Hens, weighing 4’2 lbs. or over. 23c: under 4 lbs., 23c: Leghorn hens, 21c; springers. 4 lbs. or over. 21c: und%r 4 , / 2 lbs.. 21c; broilers. 1930. 25c; old cocks. 124715 c: capons. BV2 lbs. or over. 30c: capons. IV2 lbs. or over. 27c; capons and slips, 5 lbs. and over. 25c: capons, 5 lbs. and under. 23c; ducks, full feathered, fat. whites. 14c. These prices are for No. 1 top quality, quoted bv Kingan & Cos. Butter (wholesale)—No. 1. 404241 c: No 2, 3947 40c. Butter—37C. Cheese (wholesale selling price per pound'—American loaf. 31c: pimento loaf. 33c; Wisconsin firsts, 27c; Longhorns, 24c; New York limberger, 36c. Bu United Press CHICAGO. Feb. 20.—Eggs Market steady: receipts. 17,448 cases; extra firsts, 28 1 4; 29c; firsts. 27’/4/28c; ordinaries. 25*-2 4i 26* 2 c; seconds. 25c. Butter—Market weak: receipts. 6,867 tubs: extras. 34 'lc: extra firsts. 33 1 2 4/34c; firsts. 324/ 32*:c; seconds. 314/31*'2c; standards. 34 3 <c. Poultry—Market easy; receipts. 2 cars: fowls. 25c: springers, 28c; Leghorns. 22c; ducks. 18c: geese. 16c: turkeys. 25c: roosters. 20c: broilers, 324734 c. Cheese— Twins. 19‘id20c; young Americas. 21c. Potatoes —On track. 257: arrivals. 114; shipments. 806; market rather dull: Wisconsin sacked round whites. $2 504? 2.60: Minnesota and North Dakota sacked round whites. $2,404/ 2.45: Idaho sacked russets. $34/3 25. App1e5—52.75474.25 per box. western. Bp United Press NEW YORK. Feb. 20.—Flour— Unsettled and lower; pring patents. $64/6.40. Pork —Steady: mess, $29 50. Lard—Easier; middle west spot. $lO 954/11.05. Tallow Weaker: special to extras. 6 5 '&6 7 -c. Potatoes—Quiet and easy: Long Island. $1.50 476.23; state. $3,754/4.60; Maine. $24/4 35: BermudA. $6.50 a 13. Sweet potatoes—Dull; southern, baskets. 40c4/sl.4fi: Jersey, baskets. 65c4>52.65. Dressed poultry—Steady to firm: turkeys. 274142 c: chickens. 184/ 10c; capons. 284/ 46c;'fowls 18'd31c; ducks, /44/ 20c; ducks. Long Island. 234/25c. Live poultry- Quiet; geese. 134/18c: ducks. 14 4i27c; foW/S,. 25->4oc: roosters, 165 19e: capons. 244/ 40c; chickens. 22 '/28c: broilers. 284/36e. Cheese—Firm: state whole milk, fancy to special, 24f/26c; young Americas, 21’26 24Vic. Bu United Press CLEVELAND. Feb 20—Butter—Extras. 39'ic: extra firsts. 39c. Eggs—Extra-. 30c; firsts. 28*2 4/ 30c. Poultry—Fowls. 23w29c. meduim. 27c; Leghorn. 24c; heavy springers. 27c: Leghorns springers. 204/ 22c: ducks. 224126 c: old cocks. 18c geese. 184/ 20c. Potatoes—Ohio and New York. $4 ■/ 415 per 150-lb. sack; Maine Green Mt„ $4.35414.45 per 150-lb. sack: Idaho Russet, $3,853 4.15 per 100-lb. sack.

FEB. 20, 1930

PUBLIC WURKS SHUW INCREASE UVER LAST TEAR Building Industries Gain 4.2 Per Cent Compared to January, 1929. Bu United Press WASHINGTON, Feb. 20—Increased activity in public works and public utilities building industries, as shown in the January report of Secretary of Commerce Lament confirm an estimate of $7,000,000,000 for building and maintenance of public works and utilities properties this year, Lamont said today. Contracts awarded in these two industries for construction in thirtyseven states reached $112,065,200 during January. This was an increase of 116 per cent over the previous month and a January record for six years, Lamont said. At the same time Julius H. Barnes, chairman of the National Business Survey conference, announced that “danger of a long depression seems fairly over.” Reports on business conditions continue encouraging, he said, and business is on the upgrade. Another encouraging economic factor was found in labor department statistics showing the purchasing power of the dollar in Januarv was 4.2 per cent greater than in January. 1929. The department setting the 1926 dollar as the standard at 100, reported that in January a year ago the dollar's comparative purchasing power was 102.9, whereas last month it was 107.1.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Ruth Harrell, 4712 Madison avenue, Buick coach, 68-619, from Southport. Earl McGee. Greensburg, Ford coupe, from Georgia and Illinois streets Russell A. Mohr, 610 West Thirtieth street, Ford coupe, 78-905, from 610 West Thirtieth street. Eldo I. Wagner, 3824 North Delaware street, Nash coach, 73-825, from Capitol avenue and Ohio street. Harold Simpson, Lyndhurst drive and Woodward street, Buick coach, 51-861, from Sears-Roebuck Company parking space. Bernard Lob, 219 West Pratt street, Chrysler sedan, 19-105 from 724 North Senate avenue.

BACK HOME AGAIN

Stolen automobiles, recovered by police, belong to: Harley Hartzell, Chesterfield, Ind., Chevrolet coach, found at 1612 Pierson avenue. Ennis Thome, 2022 Parker avenue, Ford roadster, found at Georgia and Noble streets. Oscar Bloom, 408 North Illinois street, Buick coupe, found at Richmond, Ind. Marriage Licenses William J. Kelly, 28. of 3602 East New York, manager, and Dorothy Anderson, 22, of 5929 Julian, Inspector. August H. Jensen, 23. of 2052 South Meridian. clerk, and Catherine I. Pfleging, 21, of 1601 Tabor, saleswoman. Luther R. Randolph. 23. of 708 North Illinois, laborer, and Grace A. Anderson, 19, of 30 East St. Joe, waitress. James D. Baer, 22, of 2603 Brookside, clerk, and Elizabeth L. Horn, 20, of 2602 Brookside. Wilbert G. Metzger. 24. of 404 East New York, chef, and Laura L. Furrer, 21, of 505 North Alabama, waitress. Dennis W. Bateman, 21. of 330 North Rural, chauffeur, and Anna I. Smith, 10, of 415 North Llnwood. clerk. Death Notices AUMANN. CHARLES F.— Husband of Minnie Aumann, father of Car , Edward, Harry, Mrs. J. E. Shewmon of Indianapolis. and Mrs. P. O. Miller of Chicago, passed away at the residence, 637 Home place, Wednesday. Feb. 19. Funeral services at the residence. Friday, Feb. 21, 2 p. m. Friends Invited. Burial Crown Hill. HARLAND, JAKE—Age 41, beloved husband of Ethel Harland, son of John Harland and brother of John Harland Jr. of Providence, Ky.; Thomas Harland of Detroit, Mich.; Mrs. Fred Fox of Madisonville, Ky.: Mrs. Eugene Thurman of Ml. Carmel. 111.; Mrs. William Hart. Mrs. Owen Russell of Detroit, Mich., passed away at 11:30 a. m. Wednesday. Feb. 19. Services to be held at 3667 Rockville road. 7:30 p. m. Thursday, Feb. 20. Burial St Charles, Ky.. Friday. Feb. 21, at 4p. m. Friends invited. (Henderson (Ky.) papers please copy./ MOSES, DR. FREDERICK W— 2234 Par/ er avenue, beloved husband of Frances Moses and father of Mrs. Ethel Sparks of Louisville, Ky., and Frederick Moses Jr., departed this life Tuesday, Feb. 18. age 75. Funeral Friday. Feb. 21. at the Fountain Street M. E. Church at 2 p. m Friends Invited. Burial in Steubcnvilir. O. Funeral under direction of MOORE A; KIRK.

In Memoriam Notices IN MEMORIAM—In loving remembrance of our dear mother. Mrs. Caroline Win disch, who passed away two year* ago today. Feb. 20. 1928. All the world Is gray with shadows. Clouds have dimmed our sunset glov It is Just two years dear mother. But it seems so long ago. But we know the time is coming. When the summer winds blow sweet We will find you in the sunset Where the gold and crimson meet. FAM XL Y. IN MEMORIAM —ln loving remembrance of our dear wife and mother. Caroline Windlsch, who left us two years ago tooay, Feb. 20. 1928. Sadly missed by HUSBAND AND CHILDREN Funeral Directors WM. D. BEANBLOSSOM. Mortuary. Phone. Be. 1588 1321 W. Ray Bt. W. T. BLASENGYM - Main office. 2220 Shelby St. Drexel 2570. George Grinsteiner Funeral director. 522 E. Market. Riley 5374. UNDERTAKERS. HISEY Sc TITUS. 931 N. Delaware, LI. 1821. “A REAL HOME FOR SERVICE” RAGSDALE Sc PRICE Li. 3608. 1219 N. Alabama. E. E. TYNER 328 W. 30th St.. Ta. 6710, Ta. 39?0.

WALD 1232 Union Bt. 1619 N. IlUnola Bt, f. C. WILSOft funeral parlors, ambulance service and modern automotive equlpment. Dr. 0321 and Dr. 0322. * Lost and Found BRACELET WRIST WATCH—Silver; Rauh library or E. 35th; keepsake; reward. Wa. 0999, LOST—Black and tan hound, female, child's pet. Rl. 6912 or Wa. 2651. Ring 4, Reward. RlNG—Amethyst with crest: Marcaslte setting; valued keepsake. Rew. Ta. 2765 eve. STRAYED—Large male police dog: wolf gray, from 350 W. 30th. chain. Owners name or. collar. Ta. 2943. Instructions AVIATION ENTER NOW AND ASSURE YOUR FUTURE. CURTISS WRIGHT FLYING SERVICE. 104 MONUMENT. LI. 4282