Indianapolis Times, Volume 41, Number 249, Indianapolis, Marion County, 26 February 1930 — Page 12

PAGE 12

STOCKS MOVE HIGHER WHEN GRAINS RALLY Industrials Are First to Show Effects of Buying.

Average Stock Prices

Average of thirty Industrial* for Tuesday was 262 30. up .33. A-.'rage of twenty rail* was 152.17. off 80. Average of twenty utilities was 87 09. up .39. Average of forty bonds was 93.95. off .03. It v t nited Press NEW YORK. Feb. 26.—Simultaneous with a rally in wheat, the stock market moved forward today with gains ranging from fractions to 4 points. Leading industrials were first to strengthen under the impetus of buying in United States Steel. Rails followed under New York Central, Bendix and United Aircraft led the aviation issues into new highs on the recovery while Consolidated Gas once more assumed lead of the utilities. Wide gains were made by special issues including Eastman Kodak, Gillette and Lambert. Steel touched 179 and then moved up to 180%, where it was holding around noon. This w’as a gain of 1% over the previous close. Other leading issues were higher. Westinghouse Electric reached 174 1 2 , up 2:4; General Electric, 73%, up 1%; Johns-Manville, 135%, up 3%; Montgomery Ward, 45'A, up 1%; American Can, 139, up 2%, and Warner Brothers Pictures. 63%, up 1%. Sears-Roebuck spurted 2% to 89. National Dairy Products and Gold Dust were strong in the food division. Radio Corporation featured its department with a gain of 114 to 45%. Packard Motor met some selling after its recent advance, but other aviation and motor shares were firm. Bendix spurted 1% to 43%, while United Aircraft was up a point at 55%. In the utility division Consolidated Gas was active around 119*4, up TANARUS%. Standard Gas reached 118'4, up I*4: North American. 109%, up 2%; American and Foreign Power, 93%, up 1%; United Corporation, 39%, up 1%; Columbia Gas, 91%, up 2, and Public Service, 96%, up 1%. Call money renewed at 4% per cent and held at that figure during the morning, despite plentiful supply and a 4 per cent rate in the outside market.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapollt. bank clea,rings Wednesday Feb. 26, $4,170,000: debits, $9.121,000. CHICAGO STATEMENT Bv United Press CHICAGO, Feb. '<6.—Bank clea rings, *99,400,000; balances $7.900,000. NEW YORK STATEMENT Bv United /’res* NEW YORK. Fe'a. 26.—Bank clearings. $1,128, 000. COO. clearing house balance. 5156.000.000 Federal Reserve bank credit balance, *128.000, JTk). TREASURY STATEMENT Bv T'nited Urea* WASHINGTQ’4, Feb. 26.—Treasure net balance on Feb. 24. was $61.384.259.95: custom receipt.'! for the month to the same date totaled $28.701 818.19: government expenditures fJor Feb. 24. were $7,198,802.93.

Produce Markets

Eggs (country runt—Loss off. delivered tn Indianapolis. 18c: henery quality. No. 1. 21c: No. 2. 18c. Poultry (buying prices)—Hens, weighing l’j lbs. *jr over. 24c; under lbs. 23c: Leghorn hens. 22c: springers. 4 lbs. or over. 2V: under 4Vi lbs.. 21c: broilers. 1930. 2is;: old cocks. 12<;15c: capons. lbs. or over. 30c: capons. 7’ 2 lbs. or over. # JVc; capons and slips. 5 lbs. and over. b<-: capons. 5 lbs. and under. 23c: ducks u full feathered, fat. whites. 14c: geese. 10c. These prices are for No. 1 too oualifv. Quoted bv Kingan fc Cos. Blitter (wholesale) No. 1. 40<it41c: No. 2 4 f 40c. Butter —36c. Cfiecse (wholesale selling price per po/ntii—American loaf. 31c: pimento loaf. 33/: Wisconsin firsts. 27c; Longhorns, 24c: Ntv York Umbergcr. 36c. /£■/ United Pres* NEW YORK. Feb. 26.-Flour-Dull and nominal; spring patents. 55.85(.i 6.25. Pork - -Steady; mess. $29.50. Lard—Easier: middle west spot. $lO 80 11 10 90. Tallow—Easier: special to extra. 6'2(0 Potatoes—Dull anti weak: Long Island. $1,504/6.25; Southern. *3VR; state. $3,754! 4.60; Maine. $2 </ 5.15: Bermuda. $5,504; 12. Sweet potatoes— Dull: southern, baskets. $1.25 5 1.38; Jersey, brisket. 50c■■ $2.65. Dressed poultry —Steady to firm: turkeys. 270 42c; chickens, 18m 40": capons 280 44c; fowls. 1701'30c: ducks.' Long Island. 234/25c. Live poultry—Firm; geese, 13 u 18c: ducks, 14s/26c: fowls. 25c 31c: turkeys. 25042 c: roosters. 16 :ir 18c; chickens. 22025 c; capons. 25<Ti42c; broilers. 30 a 35c, Cheese—Firm: state whole milk, fancy to special. 244125 c. young America. 22*724' .-c. fir United Pres* CHICAGO. Feb 26.—Eggs—Market, firmer receipts. 15.04.4 cases; extra firsts. 26‘i 0 27c: firsts. 256i26c: ordinaries. 24 1 25c: seconds. 22c. Butter—Market, easy; receipts. 8.698 tubs: extras. 33 ; .'C: extra firsts, 33’2(0 33c: firsts, 31’. :32c. seconds. 30.i30’2c: standards. 33'2C. Poultry— Market, firm: receipts, no cars In. 3 due;, fowls. 34c: springers. 28c: Leghorns, 24c: ducks. 200! 22c; geese. 14 116 c: turkevs. 25c; roosters, 20c: broilers. 35 36c. CheeseTwins. 19**4$ 20c: Young Americas. 21c. Potatoes—On track. 313: arrivals. 59: shipments. 784: market, weak: Wisconsin sacked Round Whites. $2.35m 2 .40: Minnesota and North Dakota sacked Round Whites. $2.30u2.35; Idaho sacked Russets. *2 9033.10. Bv United Pres* CLEVELAND. Feb. 26—Butter—Ext rns. 38c: extra firsts. 38';C. Eges—Extras. 27c: firsts, 26ti27’ic. Poultry—Fowls. 28c: medium. 29c: Leghorn. 24c: heaw springers. 28c: Leghorn springers. 20c: ducks. 20 ■; 25c. old cocks. 18c; geese. 18";20c: stags. 23c. Potatoes—Ohio and New York. $4.1504 25 per 150-lb sack: Maine green Mt.. $4,250 4.50 per 150-lb. sack; Idaho Russet, $3.85v 4.15 per 100-lb. sack. B 1 United Press CINCINNATI. 0.. Feb. 26—Butter s*?adv; creamery In tub lots according to score 35.1 36c. common score discounted 3"i3c; packing stock. No 1. 22e No. 2. 18c: No. *. 13c: butter fat. 33 ' 35c. Eggs Higher: cases included, fresh gathered. 2fc: firsts. 25c: seconds. 24c; r.carby ungraded. 25c. Live Poultry—Thin and ccarse stock sells only at heavy discount. Fowls 5 lbs and over 25c; 4 lbs. and over. 2‘e; 31bs. and over. 27c: Leghorn. 3 lbs. and over. 24c: roosters. 18c: s*ags. 22c; capons 8 lbs. and over. 35c: under 8 lbs.. Tec: slips. 21c: fryers colored over 3 lbs . B<e: 3 lbs. and over. 35c: broilers l*i lbs. and over. 38c: l’ lbs. and over. 32c: Leghorn broilers lt< lbs. and over. 3(Ve: roast- . in chickens 4 lbs. and over. 29c: black springers, 20c. Heroic Watchman Killed Bv Citifed Pres* EVANSVILLE Ind., Feb. 26 A railroad watchman paid with his life In his effort to save a motorist from being struck by a train. James Radermacher, 73. L. & N. watchman, was struck by an auto driven by Charles Hendricks. 24. at a crossing. He was hurled into the path of the train from which he was endeavoring to save Hendricks. The train came to a stop eight inches Lem his body.

Indianapolis Stocks

—Feb. 26 Bid. Aik 1 Amer Central Life Ins Cos .I.OOu Belt R F Ac S Yds Cos com.. 61 64 Belt R K & S Yds Cos pref... 55 60% Boobs-Merr.ll Cos 29 33% •Centra! Indiana Pow Cos pref 9 95 Circle Theater Cos common.. .105 Citizens Gas Cos common.... 36 •Citizens Gas Cos pref 95 99 •Commonwealth L Cos pf 7%.. 97 Commonwealth L Cos pf 8 . 98',a Hook Drug Cos common 47 51 Ind Hotel Cos Ciaypool com... 125 Indiana Hotel Cos pref 100 •Indiana Service Corp pref .... 80 Indianapolis Gas Cos common. 56% 61% Indpls Power & Lt Cos pfd... 103% 105 Indpis Pub Welf Loan As com 50 Indpls 8t Ry Cos pfd 29% 30*4 Indianapolis Water Cos Did.... 97 Interstate DBCopr6% Lpf 87% 91 Interstate P S Cos pr 7% L pf.lol 103 •Metro Loan Cos 98 Northern Ind Pub 6% co pfd. 96 100% Northern Ind Pub 7" Cos pfd. 104 106% Progress Laundry Cos common 46 49 E Kaub & Sons Fer. Cos pfd.. 50 Real silk Hosiery M. Inc. pfd 90 Sharel-.o'ders Investors Cos . . 24 Standard Oil Cos of Ind 50 •Terre Haute Trac & L Cos pfd 71 Union Title Cos common 414 50 Van Camp Prod Cos Ist pfd.. .. 98 Van Camp Prod Cos 2nd pfd. .. 98 •Ex-Dividend. —BONDS— Belt R R & Stock Cos 4s 90 Central Indiana Gas Cos 55... 98 ... Central Ind Power Cos 6s .... 98% ... Citizens Gas Cos 5s 101 Clltzens Street Railroad 55.... 46 ... Gary St Rv Ist 5s 72 Home T 4 T of Ft. Wayne 6s. 101% ... Ind Northern Trac Cos 5s ... 3 5 Ind Ry A: Lizht Cos 5s 97 Indiana Service Corpn 5s Indpls Power and Light Cos 5s 96% 98 Indiana Union Trac Cos 5s ... 5 Indpis Col & So Trac 6.s 96 100 Indianapolis Gas Cos 5s 98% ... Indpls & Mart Rapid T Cos 5s 20 Indpls No Trac Cos 5s 9 13% Indpls North Western Cos 55.. 20 Indpls Btreet Ry 4s 42% 45 Indpls Trac & Ter Cos 55.... 93% 94% Indpls Union Rv 5s 100% ... Indpls Water Cos 5%s 101 Indpls Water Cos 5s 92 Indpls Water Cos lien & ref.. 92 Indpls Water 4%s 91% 93 Indpls Water W Sec Cos ss. 84 Interstate Pub Serv Cos 6%5...101 ... Interstate Public Service Cos 5s 96% ... Interstate Pub Serv Cos 4%5... 85 No Ind Pub Serv Cos 5s 97% ... No Ind Telegraph Cos 6s 96% T H Ind & East Trac Cos ss. .. ... T H Trac & Light Cos 5s 86 Union Trac of ind Cos 6s .... 17 22 —Sales— Indpls Street Ry Cos pfd 10 shares... 30% Indpls Trac I Ter Cos ss. 1 bond 93%

Investment Trusts

Am Founders new..... 25 1/4 26 1/4 Basic Industry Shares..... 8 5/8 9 1/8 Corporate Trust Shares 8 7/8 5 5/8 Fixed Trust Shares A..... 20 3/4 ... Investment Trust of N. Y. ..... 11 11 3/4 leaders of Industry..... 11 11 3/4 No Am Trust Shares..... 9 3/8 9 7/8 Power & Light Sec Trust..... 60 63 Reybarn & Co..... 10 20 Standard Oil Trust Shares.... 10 12 S W Straus Inv Units..... 52 58 Trustee Standard Oil Shares.. 10 1/4 11 1/8 U S Elec Lt & Pow Shares A.. 39 1/2 42 1/2

The City in Brief

THURSDAY EVENTS I.umberm;*n’s Club luncheon, Columbia Club. Advertising: club of Indianapolis luncheon, Columbia Club. Indianapolis Engineer Society luncheon, Hoard of Trade. American Business Club luncheon, Columbia Club. Sig-ma \u luncheon, Tinroln. Caravan Club luncheon, Murat Temple. American Legion Post, No. I party, Rrooksidc Community house, 6 p. m. Daniel B. Luten will speak on communism before the Indianapolis Engineering Society’s luncheon at the Board of Trade Thursday noon. Complaint was filed today in federal court by the Northwestern Mutual Insurance Company against Tiieadore A. Colcord: his wife, Lou B.; A. Colcord and the American National bank of Frankfort, Ind., asking payment on a promissory note of Sept. 5, 1924, with interest and attorneys’ fees, approximating $6,000. Fast presidents’ council of Catherine Merrill tent, No. 9, Daughters of Union Veterans, will be entertained at luncheon Friday at the home of Mrs. Frances Bilyeu, 3144 North New Jersey street. A business session will follow. His truck, laden with five barrels of flour, was stolen from Maryland street and Senate avenue today, J. M. Fleener. Morgantown, reported to police. COFS, REDS BATTLE Demonstration in Gotham Signal for Rioting. ll)i United Pres* NEW YORK. Feb. 26 Police and Communists battled through the Wall Street district today while thousands of office workers hung from skyscraper windows cheering as if they were attending an intercollegiate football game. The demonstration, organized by tne Communists in celebration of the release of John Porter, who had served eighteen months on Governor’s island as a deserter from the army, started at the Battery. About i3O police had been sent there when headquarters received reports that the Communists were planning a parade. Although Porter, a former textile strike leader at New Bedford. Mass., was released from Governor’s island before dawn, the demonstration did not start until four hours later. RENDEZVOUS RAIDED Cops Charge Vacant House Immoral Tryst Scene. A vacant house at Thirty-sixth street and the canal is alleged by police to have served as a trystir.g place lor scores of Indianapolis couples. A patrolman and police sergeant watched the house Tuesday night and discovered seven couples stopping there. The investigation resulted when five youths were arrested Tuesday afternoon and night on charges of criminal assault on a 13-year-old girl, with whom two of the five are alleged to have spent Monday night in the house. A 14-year-old girl also was involved by the investigation as having spent Monday night in the vacant house, police say. The investigation may bring other arrests of youths and girls of the neighborhood, police indicated today.. Navy Flier Is Killed WASHINGTON. ‘ Feb. 26.—Ensign William H. McMullen of Detroit, was killed Tuesday when he crashed while piloting a fighting plane near the United States Lexington, en route with the battle fleet to the canal zone, the navy department was inforn\ed here today.

PORK MARKET CONTINUES OFF AT CITY YARDS Cattle and Calves Steady; Sheep Unchanged With Higher Tone. Feb. Bulk. Top. Receipts. 19. $11.10011.50 $11.50 5.000 20. 10.907711.35 11 35 4.000 21 11.00611.50 11.60 4.000 22. 11.00%11.50 11.60 4,000 24. 11.15ft11.65 11.75 4.500 25. 11.50 11.50 5,000 26. 10.750.11.30 11.30 4.000 Hog prices continued to decline today at the Union stockyards, prices for the bulk, 160 to 275, ranging from $10.75 to $11.30. Top price was $11.30. Receipts were 4,000, holdovers 1,479. Cattle receipts were 700, the market holding steady. Vealers were steady at $14.50 down. Receipts were 600. Sheep were quotably steady with receipts of 200. Strictly choice lambs were salable at around sll. Chicago hog receipts were 20,000, including 5,000 directs. Holdovers were 8,000. Today’s market opened 10 to 15 cents higher than Tuesday's average. A few early bids and sales of choice 170 to 200-pound weights were recorded at sll.lO to $11.15; occasional sales of 280 to 290-pound weights brought $10.45. Cattle receipts were 5,500, sheep 15,000. —Hogs— Receipts, 4,000; market, lower. Heavies. 300 lbs. up $10.00010.50 250-300 lbs 10.60i 10.75 Med. wts. 225-250 lbs 10.75010.90 200-225 lbs 11.00011.15 Light wts.. 160-200 lbs 11.15011.30 Light Its.. 130-160 lbs 10.40011.00 Light wts.. 160-200 lbs 9.25010.10 Packing sows 8.25 ft; 9.50 —Cattle— Receipts, 700; market, steady. Beef steers 1.100-1,500 lbs., good and choice $11.75©14.50 Common and medium [email protected] Feeb steers. 1,100 lbs. down, good and choice [email protected] Common and medium 9.25ft12.00 Heifers. 850 lbs. down, good and choice [email protected] Common and medium 7.00 ft 11.50 Cows B.ooft 9.50 Common and medium 7.00011.00 Lower cutter and cutters .... 4.50® 6.25 Stocker and feeder steers, good and choice 9.50011.25 Common and medium 6.50(5' 9.50 —Veals— Receipts, 600; market, steady. Medium and choice $10.50® 14.50 Cull and common 6.00 ft 10.50 —Sheep— Receipts, 200; market, steady. Lambs, goo dand choice $10.00011.25 Common and medium 8.50010.00 Ewes, medium to choice 4.50 ft 6.00 Cut land common 2.00# 4.50 Other Livestock By United Press CHICAGO, Feb. 26.—Hogs—Receipts, 20,000; including 6,000 direct; market, opened 10® 15c higher, later trade, 10# 25c higher: slow at advance; top, $11.30; bulk 160-250 lb. weights, SlO 65ft11.15; 260-300 lb. weights, $10.40ft10.75; butchers, medium to choice. 250-350 lbs., SIO.IOO 10.80; 200250 lbs.. $10,457; 11.25; 160-200 lbs., $10.65®' 11.30; 130-160 lbs., $9.75® 11.10; packing sows, $8.50® 10.10; pigs, medium to choice, 90-130 lbs., S9O 10.50. Catle—Receipts. 5.500; calves. 2,000; slow, steady to weak trade on most killing classes; undertone very bearish but supplies small; choice weighty steers, $14.75. some held higher; fat cows very sluggish; slaughter classes, steers, good and choice. 1300-1500 lbs., $12.750 15.25; 1100-1300 lbs., $12.750 15.75; 950-1100 lbs.. $12.75015.75; common and medium. 850 lbs. up, $8.75®12.75; fed yearlings, good and choice, 750-950 lbs., $12.75 ® 15.75; heifers, good and choice. 850 lbs. down. $11.50® 14.25: common and medium, SBO 11.50: cows, good and choice, $7.25ft10; common and medium. $5.500.7.25; low cutter and cutters, 54.25G5.50: bulls, good and choice, beef $7.75 09; cutter to medium, $6.5008.25; vealers. milk fed. good and choice. $9.75@14; medium [email protected]; cull and common S7O 8.75; Stockers and feeders, steers, good and choice, all weights, $10.75011.75; common and meium. SB7; 10.75. Sheep--Receipts, 15.000: no fat lambs, sold, talk 25c and more lower; best held above, $11.25; talking. $10.25010.50 on bulk; fat awes, steady at $5.75 and down: feeding lambs steady at slo® 10.50: lambs, good and choice, 92lbs. down, slo® 11.40: medium. $9.75® 10.25: cull and common, 58.757; 9.75; medium to choice. 92-100 lbs. down. $8.75010.75: ewes, medium to choice. 150 lbs. down. $4.7506; cull and common, s2® 5; feeder lambs, good and choice. [email protected], nn Times Special LOUISVILLE, Feb. 26 Hogs—Receipts. 500; market 10c higher: 225 lbs. up, $10.60; 165-225 lbs., $11.30; 130-165 lbs.. $10.50; 130 lbs. down. $9; roughs, $8.60; stags. SB. Cattle—Receipts, 400: market steady; prime heavy steers, sll©' 12; heavy shipping steers. slo® 11; medium and plain steers. $8.500 10; fat heifers, $8®]11.75; good to choice cows. $6,507/6: medium to good cows. $5,507/ 6.50; cutters, $5.25ft 5.50; canners, 53.50®5: bulls, [email protected]; feeders. $8010.75; Stockers. $7.50®j11. Calves —Receipt;. 200; market steady; tops. sl2: good to choice, $10.50 0 12; medium to good. $8,500.10.50; outs. 87.50 down. Sheep—Receipts. 50; market steady; ewes and wethers. $10,507/ 11: buck lambs. $9.50 / 10: seconds, S6O 8: sheep, $4.50ft5.50. Tuesday’s shipments: Cattle, 33; calves, 119; hogs, 140; sheep, none. Bu United Press PITTSBURGH. Feb. 26.—Hogs—Receipts. 2,500; market 107/ 15c lower; bulk, 150-220 !bs.. $11,557/11.60; 7!30-260 lbs.. $11,257/ 11.50; 280-325 lbs., $10.75011.25; 100-130 lbs., sllO 1125. Cattle—Receipts, 25; market nominal. Calves—Receipts. 75; market steadv: top vealers, $15.50. Sheep —Receipts. 500; market steady to strong: choice 84-lb. lambs. S11.50; other sales, slo© 11.25. /!„' 1 11 it 1 and Press CLEVELAND. Feb. 26.—Hogs—Receipts. 1.600; holdovers. 274: steadv to 10c lower; 150-260 lbs,. $11.357711.50: load 255-lb. averages, $11.25: 320 lbs., $10.50; pigs, sll down; sows, $9; stags. $7. -Cattle—Receipts. 200: demand for steers narrow: scattered heifers and common to medium steers around $10,257/11, not over steady; load heiferettes. $9: low cutter to medium cows, $4,757/7.50 mostly. Calves —Receipts, :100; steadv: better grades. $15015.50: tcp. sl6; cull to medium. 59.50® 13.50, mostly. Sheep—Receipts. 400: steady, package strictly choice lambs. $11.50; medium throwouts upward to $lO7/ 10.50; choice clipped lambs. $10.50 down, scarce. fib United Press CINCINNATI. Feb. 26.—Hogs—Receipts. 4.400: holdovers. 430: butchers, over 160 lbs.. 10® 15c higher: lighter weights and sows, about steadv; bulk good and choice, 170-230 lbs., $11.50; heavier weights down to $11: few around 280 lbs.. $10.90; bulk. 120-160 lbs.. $10.75: choice strong weights, higher: bulk sows, $9; smooth finished kind. $9,25: stags. $6,507/ 7. Cattle—Receipts. 400; calves. 250; steady: few plain slaughter steers and heifers, $10012.25; beef cows. $6.75® 8: few higher: low cutters and cutters, $4.75®6.25: bulls, dull: bulk. $77/8.50; vealers, steady: better grades. Sl3 to mostly Sl4: bulk less desirable. slo'* 1 12. Sheep—Receipts, 150. steadv: better erades handy weight lambs, sll : 11.50: shorn offerings. $lO7/ 10.25: common and medium. SB7/9.50; inferior kind down to $5.50; good lights ewes,-$5.50. Bn i nited Pr< ss FT. WAYNE. Ind.. Feb. 26.—Cattle—Receipts. 75; calves, 50; hogs. 400: sheep, 50; hog market, steadv: 120 lbs. down, $9 25- 120-140 lbs., $9.75: 140-160 lbs.. S1O.50: 160-200 lbs.. S11.15: 200-225 lbs., sll- 225-250 lbs.. S10.30: 250-300 lbs., $10.50: 300-350 lbs.. $10.30: roughs, $8.50; stags, S6: calves. sl4; lambs. SlO. liu United Press EAST BUFFALO. N. Y„ Feb. 26.—Hogs— Receipts. 1.600; holdovers. 1,100; weights, above 160 lbs. fairly active, steady to 10c over Tuesday’s average: bulk, 150-220 lbs.. [email protected]: 230-260 lbs.. $11.25.111.60: packing sows. S9O 9.60: pigs and light lights, weak to 25c lower: 135 lbs. down. sll/*/11.25. Cattle—Receipts. 100: mostly cows: steadv. cutter erades. $3 50716. Calves—Receipts. 100: vea'ers. unchanged. $15.50 (‘own. Sheep—Receipts, 1.300: iambs, slow, generally steady; goed to chiice. 87 lbs. down. sll7/11.50; 90-95 lbs.. $10.50'11; medium kinds and strong weights, 59.50® 10.50. Bu United Press ... TOLEDO. Feb. 26.—Hogs—Receipts. 500: market, steadv: heavies, slo® 10.50; mediums. sllO 11.10; Yorkers. $10,257/10.50; pigs. *10.250 10.40. Cattle—Receipts, light: market, steadv. Calves —Receipts, light: market, steadv. Sheep and lambs—Receipts. light: market, steadv. Prcfevvor George F. Leonard of the Butler university department of education, will speak at the Fellowship dinner of Northwood Christian church at 6:30 p. m. Thursday, on ‘'Everyday Religion.”

THE INDIANAPOLIS TIMES

New York Stocks

High. Low. 12 Prer O'clock Close Rahrowd*— Atlchson 226% 22 1 % Balt & Ohio 116 115% Can Pac ... 207% 207 Chesa & Ohio .. 226 I Chesa Corp ... ... 72 Chi 4 N W 86 85% Chi Grt W 13 12% CRI4P 120 Del ic Hudson ... 172 Del & Lacka 143 Erie Ist pfd 66 66% Erie 59 58% 59 58% Grt Nor 98% 111 Central 128% Lehigh Valley 72% Mo Pac 91 91% M K & T .... 53% 53% 53% 53 Mo Pac pfd 139% N Y Central ..181 180 180 180 N Y C & St L 134 NY NH & H 120’% 120 Vi Nor Pac 92 O & W 13% Pennsyi 82 81% 82 81% Reading .. ... ... 127 Seabd Air L .. .. ... ... 24% Southern Ry ... 128 129 Southern Pac ...124 123% 124 122 St Paul 23 Vi 23% 23% 23 St Paul pfd 42 41% 42 41 St L & S F 111% Texas & Pac 120*% Union Pacific 224 West Maryland.. 27% 26% 27% 25% Wabash .. ... 54 54 Rubber*— Atax 2 Fisk 3% 3% Goodrich 46% Goodyear ... 80 % 80 Kelly-Spgfld 4% Lee f 8 United States... 25% 25% 25% 2G% Equipments— Am Locomotive.. .. ... ... 98V* Am Stel Fd 47% 47% 47% 47% Man Elec Sup 32V* 32% Gen Elec (new) 73V4 72% 73% 72% Gen Ry Signal 91% 91 Gen Am Tank ... 103% 103V* Pressed Stl Car 15% 15 Pullman 82% 8214 Westingh Air B 48% 48 48'% 48 Westlngh Elec ..174% 172% 17414 171% Steels— Am Rol Mills 93% 93% Bethlehem 99% 97% 99% 98% Colorado Fuel.. .. ... 53% 52 Crucible ... 86 Rep Iron & Stl 76 75 Ludlum ... 41V* 40% Newton ... ... 53 U 8 Steel 180% 179 180% 179% Alloy 33 32% 33 32% Warren Fdy ... ... , 25 Youngstwn Stl 131% 131 131J4 .... Vanadium Corp. 68% 67 68 % 65% Motors — Am Bosch Mag. .. ... ... 49% Briggs 15% 15% 15Vs 15% Brockway Mot ... 14Ta Chrysler Corp.. 38 37% 37% 38 Eaton Axle .... 36 35% 35% 35% Graham Paige 10 10 Eorg Warner ... 39V4 40% Gabriel Snubbrs .. ... ..... 7% General MotorsN 42% 42 Va 42 V* 42 Elec Stor Bat.. 75% 75V* 75% 75 Hudson 56 55 56 55 Hayes Body Corp 6% 6% Hupp 21 % Auburn 221 218% 219% 2 int/ Mack Trucks... 80% 79% 80% 79% Gardner 6 5% jj <*., Motor Wheel ... 29 4 29 ft Nash 50% 50 Va 50% 51% Packard 19V* 19% 19V* 19% Ppptlprs ~ •. ••• 13 Studebaker Cor 42% 42% 42% 42% Stew Warner... .. ... v - 3-*;= Timken Bear ... 76% 75% 76% 75% Willys Overland. 10 9% 9% 10 Yellow Coach... 20 19% 19% 19% White Motor ... 34% 34% 34% 34 Am Smelt & Rfg 72% 72 Am Metals , 47 46% Am Zinc 15 14% 14% 15 Anaconda Cop.. 74% 73% 74% 73% Calumet & Ariz. 77% 76% 77% 76 Calumet & Hecla 30 29 4 Cerro de Pesco 61% 60% Granby Corp... 56% 56'/* 06% 56% Gt Nor Ore 22% 22% Inspiration Cop 27 27% Howe Sound ... 37% 37% Int Nickel 37% 37 |7% 26/s Kennecott Cop.. 57% 56% 57 57'/8 Magma Cop ... 49 ... Miami Copper .. 29V* 29% 29V* 29 Nev Cons 28 27V* 28 27%

Texas Gul Sul.. 61 60% 61 60% St Joe 54% 54 U S Smelt 33% 33% Atlantic Rfg ... SB% 38% 38% 38 Barnsdall A ... 21 20% 21 20% Freeport Texas. 40 39% 39% 38% Houston Oil 62 61 62 61% Indp Oil & Gas. 20% 20% 20% 20% Cont’l Oil ... 18% Mid-Cont Petrol 24 23% 23% 24 Lago Oil & Tr 22% 22% 22% 22% Pan-Amer Pet B 52 52 52 52 Phillips Petrol... 31% 31% 31% 40% Prairie Oil 46 46 46 46% Union of Cal ... 42% 42% 42% 41% Prairie Pipe .... 58 58 58 58 Pure Oil 21% 21% 21% 21% Royal Dutch ... 50% 50% 50% 50% Richfield 24 24 24 23% Shell 21% 21% 21V* 21% Simms Petrol ... 23Vi 23% 23% ... Sinclair Oil 23 22% 22% 23 Skellv Oil 29% 29% 29% 28% St.d Oil Cal 58% 58% 53% 58% Std Oil N J 59 58% 58% 58% Std Oil N Y ... 32% 32% 32% 32% Tidewater 11 11 11 11 Texas Corp ... 51% 51 Vi 51% 51% Texas C&O Transcontl 7% 7% 7% 7% White Eagle 27 V 4 Industrial*— Adv Rumlev .... 16% 16% 16% 16% Allis Chalmers.. 58% 57% 58% 58 Allied Chemical 265% A M Byers 82 Armour A 5% 5% 5% 5% Amer Can 139 Vi 137 138% 136% Alleghaney Corp 31% 30% 30% 30% Am lee 36% 36% 36% 36% Am Wool 19 19 19 18% Assd Dry Goods.. 33 31 Vi 32 31% Bon Alum ..... 62 51% 51% „ 51 % Coco Cola ~ 148% Conti Can 65% 64 65% 63% Certainteed .... 13% 13% 13% 12% Crosley 17% 17% 17% 17 Congoleum • • ■••• . 17 Curtiss W 10% 10% 10V4 10% Davidson Chem. 37V* 37 1 /* 3778 37% Dupont . 124% 123% 124% 133% Famous Players. 67% 66% 67’/* 66% Fox A 34 33% 33% Gold Dust 41% 41% 41% 41% Glidden 33% Int Harvester.... 91 89% 91 89% Kelvlnator 13% 13% 13% 13% Lambert 103% 102’% 103% 102% Link Belt 44% Loews 69% 69 , 69 68% Mav Stores .... 54% 54% 54% 54 Kolster 33 33 Montgom Ward.. 45% 44% 45 44 Natl C R 74% 73% 74% 77% Radio Keith ... 29% 29V* 29% 28% Owens Bottle ... “8 Radio Corp .... 45% 45 45% 44% Real Silk 58% 57% 58% 5/ Rem Rand . .. 35% 35 % 395% 35 Sears Roebuck.. 88% 87% 88% 87% Union Carbide .. 90% 89% 90% 89 Warner Bros 69% 62% 63% 62 Un Air C 55% 54% 54% 54% Univ Pipe .... 4’/4 4% 4’/ 4 4'4 U S Cs Ir P.. 30% 30% 30% 30% U S Ind A1 .. 119% 117 119 116% Worth Pu 82% 82% 82% 80% Woo! Cos 63 63 63 62 Am J T U & S ~ .... 93*4 92% 92% 91% Am Pr & Lt.. 93Vi 92% 92% 92% Eng Pub Serv.. 53% 53% 53% 53 Am For P 93% 92% 93% 92 Am Wat Wk5..105y 4 103 105% 102 Gen Pub Serv.. 42 41% 42 42 Col O& E 91 89% 00% 89*4 Consol Gas 119 118*4 119 117% Elec P & Lt.. 66% 65% 66% 65% Int TANARUS& T .... 681•> 67% 68% 67% Nor Am C 0.... 108% 106*/2 108% 106% Pac Light 88*4 86% 88% 88 Pub Serv N J.. 96% 95% 96% 95 S Cal Edison.. 63% 63% 63% 63% Std Gas & E. .118*4 116 117% 117*4 United Corp .. 39% 38% 38% 38*4 Util Pow Se-'-i 36% 36% 36 United G & 1.. 38Vi 37% 37% 37% W U Tel 211*4 210% 211% 210% Shinning— Am T ntl Corp., 44*4 42*4 44% 42*4 Am S & C 1% I*/* 1% I*4. Atl G & W 1.. 68% 6914 68% 68% Int! M M old 25% United Fruit .. 91*4 89% 91*4 89 Food ■ Am Suit Rfpr 62Vi 62 62Va 62V 9 Beechnut Pkg 63% California Pkg ... 74 Canada Dry .... 71% 71% 71% 71% Corn Products.. 92% 92*4 92% 93 Cont Bak A.... 45 43% 45 44

On Commission Row

Fruit* Apples—Delicious, box extra fancy. *4.35; fancy. $4: Baldwins. $2.50: Grimes Golden, 52.50(i?2 75s Northern Spies. $2.25: Winesap. $2.25J*2.50. Cranberries —Box of 25 lbs., *B. Grapefruit—Florida. $4,755*5.25. Grapes—CalHomia Alemeria. $3.75: Emperors. keg. $6. Lemons —California a crate. $5.75fi6.25. Limes—Jamaica. 52.50 a hundred. Oranges—California nava's. $4.7507.25. Strawberries—4ssisoc a quart. Vegetables Beans—Florida. $4 04.50 a hamper. Beets—Texas. $3.50 a crate. Cabbage—New. s*"o6c a pound. Celery—Florida. $3 25f*3.7.p a crate. Cauliflower—Colorado. *1.90 a crate. Cucumbers —Florida, s3.so(q>< a crate. Eggplant—sl.7so 2 a dozen. Kale—Spring 90c to *1 a bushel. Lettuce—California Iceberg. $3.50®4.00 a crate: home grown leaf, a bushel. *1.50® 1.65. Onions—lndiana yellow, *2.2502.50 a 100-lb. bag: white. *2.50 a 50-lb. bag. Parsley—Home grown. 50c doz. Peas—California. 45-lb. crate. 55Q.5.50. Peppers—Florida, a crate. *7.50. Potatoes—Wisconsin. *4.40 a 150-lb. bag: Minnesota. *3.10 a 100-lb. bag; Red River Ohios. 120 lbs.. *3.75®3.85: Idaho Russet*. $3.75 a 100-lb. bag. New Potatoes—Florida Cobblers. 60-Ib. crate, $3.00: Texas Red. 100-lb. bag. *6.50. Sweet Potatoes—Nancy Halls. $1.75 a hamper: Opossum brand. Indiana lersevs, *3.00 per tu. Rhubarb— ; Home grown, hothouse. 6-lb. bunch. 65c. Sassafras —lndiana. 80c a do*. Radishes —Home grown button. 85c doz. Mustard—Home grown. *1.50 a bushel. Cucumbers—Home grown. $1.75 §2.00.

(By Thomson & McKinnon)

Borden 65% 64 65 64% Cuban Am Sugar 8% 8 8 Grand Union ... 18% Grand Union pfd ... 39 Kraft Cheese 45 Kroger 39% 39% 39% 39% Loose Wiies .... 60% 60% 60% 59% Nat! Biscuit ... ... 207% Nat! Dairy 48% 48% 18% 43% Purity Bak 83% 83% 83% 82% Loft 5% 4% 5% 5 Standard Brand 26 25% 25% ... Tobaccos— Am Tob B 235 232 255 231 Lig & Myers 98% 96% 68% 96% Loriliard 24% 23% 24% 23% R J Reynolds... 54% 53T S 54% 53% Tob Prod B 5 United Cigar St 6% Schulte Ret Strs 8% 8% 8% 8% ‘COMIC OPERA’ REVOLUTION OF MONACO COSTLY Rival Resorts' Competition Forces Monte Cario to Seek Relief. BY RALPH HEINZEN United Press Staff Correspondent MONTE CARLO, Feb. 26—Monaco, sadly wisened, begins to regret the folly of its famous “comic opera” revolution of 1929. The revolt of the national council against the absolute monarch of six square miles of national territory, Prince Louis of Monaco, has had a boomerang effect upon gambling and business. Ever since the war Monte Carlo had felt growing competition, but so great was the fame of the resort that tourists continued to flock there for a chance to break the famous bank of Monte Carlo. San Remo, just across the Italian border; Cannes and Nice, with eleven casinos between them, including Frank Jay Gould’s $5,000,000 palace, have stunned Monte Carlo with one death blow after another, until today the famous casino on the rock is barely staggering along under its heavy load. Tourists Stay Away The people of the principality realize that the revolution is largely to blame, for a revolution is hard to dodge in a republic just six square miles in area. Tourists were frightened away, and although all has been peaceful and quiet on the rocky shelf of coast, yet the tourists have not come back. The national council now is considering asking the ruler to let loose his strangle-hold on the casino. He now is paid a fixed sum annually, plus a percentage of the kitty, and the casino pays all the taxes of the principality, pays for the sweeping of the streets, street lights, street cars, planting of flowers everywhere and every other deficit. The casino laments all this overhead charge which drains its treasury and makes competition impossible against the neighboring French and Italian resorts. Ask Reduction The council has been appealed to and may suggest to Prince Louis that the golden-egg-laying goose is in danger of being choked, and that, in the interests of all concerned the prince’s share of the kitty might be reduced. In a final effort to encourage tourists to play on the Monte Carlo tables, the casino has made it much easier to break the bank. That is a thrill which comes only onto in the lifetime of a small number of players. Every day each table starts with a capital varying from SIOO,OOO to 400,000 francs, and when it becomes exhausted and the croupier has to close down play and ask for more funds, the bank is said to be broken. In fact there are always millions more where the first lot came from. But to make it easier for the bank to be broken, the tables will now start the day with only half of the previous capital. COURT ORDER PERMITS CONFERENCE IN JAIL Sheriff at Columbus Refused Admission to Attorneys. By Times Special COLUMBUS, Ind., Feb. 26.—When Attorneys George W. Long and A. T. Conner went to the Bartholomew county jail to Interview four prisoners, permission to enter was refused by Sheriff Alonzo Fitch. The attorneys then went to Judge Julian Sharpneck and obtained an order to talk to the prisoners privately. The four held are Samuel, Alice and Bryant Petro and William Turnemeyer, all of Brown county. As there are no charges against Bryant Petro or Turnemeyer, the attorneys claim they are being illegally held. The four were locked up after the arrest of Alex Petro of Brown county against whom five charges are pending in the Brown circuit court and who employed the two attorneys to defend him. He is charged with an attack on a 12-year-old girl. Other charges include larceny, poaching fur bearing animals and manufacture of liquor. Petro filed a charge of kidnaping against Samuel Petro, who with his fifth cousin, Alice Petro, were arrested after they were found living together. Their arrest led to charges being filed against the elder Petro, father of Alice. Bridge Bonds Sold Rv Times Special NOBLESVILLE, Ind., Feb. 26.—A bond issue for $15,000 for building a bridge offered by Albert Hines, county auditor, was bought by the Citizens State bank of this city for par. accrued interest and a premium of $177. This is the largest premium that has been paid for a bond issue in Hamilton county in more than a year. Couple’s Deaths Close Bat Times special FOUNTAIN CITY, Ind., Feb. 26. Luther L. Reynolds, 71, farmer, is dead near here from heart disease. His wife died three weeks ago. He was a member of the Knights of Pythias and the Methodist church. He leaves a son. Wallace; four daughters. Mrs. Ollie Love, Lynn; Mrs. Ray Sw-ain, Fountain City; Mrs. Frank Hod gin, Louisville, Ky. t and Mrs. Willard Norton, near Fountain City.

BUILDING TRADE ACTIVITY IS UP, SAYSOBSERVER Builders Focus Attention on Meeting to Be Held March 5. Building throughout the United States and Canada is gradually recovering from its decline of the last eight months and 1930 promises to be a comparatively good year for the builders of the nation, according to E. M. Craig, president of the American Construction Council. Craig stated his opinion is based on a national survey just completed by the national council of builders. Throughout the United States and Canada, he said, wage scales for building trade mechanics have remained stationary for the last twelve months, and agitation of the five-day week has practically diminished since the depression of the construction industry. Meeting to Be Held “The attention of American contractors will be centered on Washington on March 5, when a joint meeting of builders and labor representatives will take place to consider plans for establishment of a tribunal for adjustment of jurisdictional strife in the building industry,’’ said Craig. “The National Association of Building Trades Employers will be represented by Oscar W. Rosenthal, chairman, Chicago; Christian G. Norman, New York, and James J. Scully, Boston. Labor will be represented by President-Elect Michael J. McDonough of the Building Trades Department of the American Federation of Labor; John J. Hynes, Sheet Metal Workers, Washington, and P. J. Morrin, Iron Workers, St. Louis. Activitiy Is Better “President Hoover has urged the establishment of an adjustment board to stimulate construction, which he designated as the barometer of national prosperity. Labor iias manifested a desire to co-operate with builders in eliminating jurisdictional strife and create a condition that would automatically benefit the general public, the building mechanics of the nation and the building contractors and architects. Craig stated his national survey shows a very gradual return of corn struction activity in twenty cities, including Indianapolis. Marriage Licenses Paul H. Shaffer, 21, of Anderson, clerk, and Evelyn C. Parker, 22, of 1230 North Illinois, nurse. Hubert P. Fritz, 21. of Jasper, employer, and Virginia Wehr, 18, of 5347 West Washington. The Rev. Frederick M. Hanes, 41, of Anderson, and Retta M. Fink. 32. of New Augusta, stenographer. Henry F. Brinkman. 23. of 21 Karcher. salesman, and Ethel McGaughey. 23, of 442 Highland. Joseph J. Underwater, 34. of Louisville, and Margaret B. Fithian, 34. of 420 Centennial. John A. Carlin, 27, of 958 North Pennsylvania. wrestler, and Ellen M. Lundy, 19, ol 1716 North Meridian. Births Girls Worth and Goldie Smith. 1529 Steele. William and Ciara Goins, 965 North Rochester. Roy and Thelma Reed. 229 South Holmes. Edward and Marie Curry, St. Vincent's hospital. Roy and Opal Dovel, 1411 Somerset. Louis and Margaret Rodeback, Coleman hospital. Hadley and Anna Simons, Coleman hospital. Charles and Vera Briner, 1232 Bellefontaine. Monroe and Maggie Jackson, 2528 Columbia. Steve and Violet Hotseller. 433 WarAlbert and Rebecca Smith, 2203 Lexington. Aubrey and Martha Gualden, 1238 De Loss. Amos and Cora Craig. 506 South Chase. Boys Cleo and Inez Sherron, St. Vincent’s hospital. Ralph and Gertrude Ittenback, St. Vincent’s hospital. Robert and Lucille Fox. St. Vincent’s hospital. Fletcher "and La Vonne Maholm, St. Vincent's hospital. Edward and Mary Hegarty, St. Vincent's hospital. Lester and Mildred Hart, Coleman hospital. John and Melva Lee. 1346 Reisner. Peter and Will? Senders. 3024 Cottage. James and Rosalee Moore, 13 Bloomington. Deaths Atlas M. Thompson. 71, Christian hospital, acute dilatation of heart. . Sarah Elizabeth Bratton. 6 mo., city hospital. cerebrospinal meningitis. Caddie Cook. 43, 867 West Eleventh, Influenza. Noble Clark, 16, city hospital, general peritonitis. Barney Giltner, 77, city hospital, coronary sclerosis. Hattie Freeman Allen, 27, 317 West Twenty-first, pyelitis. Henry L. Terry, 60. city hospital, mitral stenosis. Fannie Alice Parish. 54, 234 South Hancock. Parkinson’s disease. Benjamin Seneil, 48, city hospital, lobar pneumonia. Jack Earnest Hartman. 2 days, 5152 Sar.aster, patent foramen ovale. Ernest Fus, 62, city hospital, acute myoFrank Patterson. 38. 925 Redmond, pulmonary tuberculosis. Eliza J. Cooper, 73, 1840 Boulevard place, carcinoma. Thomas Epeards, 60. city hospital, diabetes meilitus. Emma Lippold, 59. 520 East Vermont, carcinoma. Sadie Maud Miller. 31. 1506 North Sherman Drive, influenza. Mary Lavelle. 75, 1321 Congress, acute dilatation of heart. Building Permits C. E. Phinney, dwelling, 1008 Linwood, $4,500. Alfred Young, dwelling and garage, 1437 Drexel, $6,000. Hudgins Carter, repairing. 148 North Illinois, $662. Coburn Estate, reroofing. 225 North Delaware. $578. Croel Conder Company, store alterations and repairs. Michigan and Cincinnati, $25,000. W. S. Deatrich. dwelling and garage, 910 Leslie avenue, $5,700. John N. Kane, dwelling and garage, 924 North Arlington, $5,300. James Minne, addition, 384 West Twentysixth. 5336. Mark De Haas, dwelling and garage, 6055 Central. $10,500.

A TIFFANY PRODUCTION "The LOST ZEPPELIN LYR

Investments AMERICAN COMPANY Indiana's Largest Investment House

Business —and— Finance

The fifty most active stocks traded on the Chicago Stock Exchange during the week ended Feb. 21 had a market value of $2,568,525,566 at the close of business Friday, as compared with $2,591,059,883 at the close of the previous week, according to a compilation by Swift, Langill & Henke. This represents a decrease of $22,534,317 or .87 per cent. PHILADELPHIA, Feb. 26.—Net railway operating income of the Pennsylvania Railroad Company for the month of January, 1930, was $5.996,615, according to a financial statement made public here Tues- j day by F. J. Fell Jr., vice-president and controller of the railroad. This was a decrease of $1,920,474 fiiom the net railway operating income of January of last year. Pacific Coast Biscuit Company for the wear ended Dec. 31. 1929. reports net.income of $525,322, after depreciation, interest and Federal taxes, against *471,002 in 1928. Net profits for 1929, after dividend requirements on the $3.50 preferred stock, were equal to $2.62 a share on the 120.000 shares of common outstanding, which compares with *2.17 for 1928. Net profits for 1929 do not include *47,785 tax refunds due from the United States Treasury on account of over payments, this item being eaua! to 40 cents additional each common share. CHICAGO, Feb. 26.—Footee Brother* Gear and Machine Company, with a total net income in 1929 of *612,618 had bv far the most successful year in its for-ty-five year* of history. This is equal to *2.34 per share after all charges, in eluding federal taxes and provision for dividends on the preferred capital stork, on the 210,000 shares of common stock. Net earnings of McLellan Stores Company for 1929. after deductions for depreciation, amortization. Federal and State income taxes, amounted to $1,001,457. Net sales for the year totaled $23,781,545. Nearly $27,000,000 has been authorized for the 1930 budget for Public Service Electric and Gas Company, operating subsidiary of Public Service Corporation of New Jersey. This provides for new* construction, extensions, improvements and betterments for both the Electric and Gas departments throughout he company's terriory in New Jersey. Women own well over half and in manv instances 60 per cent of the stock out- | standing of the leading railroad, public utility and industrial corporations oi the United States, according to a statement j by the publishers of the Encyclopedia Americana. Their total investment is reckoned in excess of $60,000,000,000. CHICAGO, Feb. 26.—Consolidated net income of Federal Screw Works for the year ended Dec. 31. J 929, amounted to $877,981, equal to *5.52 a share on 159.000 shares of no par value capital stock outstanding. These earnings are after allowing for the deduction of interest for the full year on the convertible 6% per cent ten-year notes and also after reserve for contingent inventory depreciation, For the preceding year, combined net income of constituent companies similarly adjusted to the present capitalization amounted to $619,172 or *3.90 a share on 159,000 shares. The annual report of Phillips Petroleum Company as made public by Frank Phillips, president, shows new high record gross and net earnings, the gross operating income aggregating $51,106,897 and net profit after all charges including depreciation and depletion of $13,212,591. These figures compare respectively with gross operating income of $42,721,858 and net profit of $5,960,171 in the preceding year. 1928. The 1929 net profit was equal to $5.39 a share on the average outstanding stock for the year and compares with $2.48 on the average stock outstanding in 1928. As of Dec. 31. 1929, the company’s earned surplus has increased to $34,059,513 form $29,409,738 on Dec. 31, 1928.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Feb. 26.—Strictly from the viewpoint of continued progress toward normal conditions, the failure of the Steel Corporation to gain further in its rate of output last week is disappointing. But still the fact remains that even at ! present levels its operations are well above those of a month or so ago, even more impressively exceed those 1 prevailing before the year end, and all things considered, do not appear j so very unfavorable in comparison with those of a year ago. Carload- , ings increased slightly last week as j compared to the preceding period, j and while they still fall short of the total last year, a moderate gain, as compared to 1929, is revealed. ! Sharpness of yesterday’s rally in ] wheat is encouraging, but the seri- J ousness of the commodity situation j is still present as a disturbing factor to the stock market. In fact, its shadow at present is being cast over the country’s entire economic structure. Bearing in mind the extent to which the stock market recovery had been carried, the uneven industrial conditions and the weakness in commodities we think most stocks so far have displayed gratifying resistance to selling. We see nc reason for changing or modify- ! ing our view that if investors exer- ; cise a moderate degree of patience they will be repaid satisfactorily, I as the discouraging events of the moment become things of the past : and as the full recuperative powers | of industry and trade gradually assert themselves until normal conditions prevail. NEW YORK COFFEE RANGE High. Low. Close. January 7.76 7.76 7.76 March II.BH 8.69 B.Bs , May 8.41 8.30 8.41 July 8.15 7.08 8.15 Sebtember 7.93 7.79 7 93 ! December 7.75 7.60 7.75 !

AETNA Phone Riley 9791 AETNA OFFICE FURNITURE That Is Built to an Ideal Not to a Price AETNA CABINET CO DESIGNERS & MFGS. OF BANK OFFICE & STORE FIXTURES AETNA 321-29 West

We Recommend Corporate Trust Shares A single investment in 28 of America’s greatest corporations. The underlying stock is deposited with the Equitable Trust Co., Trustee, New York City. 17-year average distribution (1913-1929) has been $1.53 per share, equal to 14.8% return on the annual average price of the shares during this 17-year period (assuring the existence of the shares during this period). Price at market today about $9 5/8 Breed, Elliott & Harrison 109 N. Pennsylvania St.

FEB. 26, 1930

WHEAT FUTURES SHARPLY HIGHER IH EARLY SALES • Belief That Farm Board Will Stop Declines Is Factor. Bu United Press CHICAGO, Feb. 26. Wheat jumped sharply higher as the Board of Trade opened today. Strong foreign cables, with Liverpool advancing despite profit-ta’.ing and Buenos Aires up lc, coupled with the belief that the farm board had entered the futures market late Tuesday in an attempt to stabilize the market and overnight reports that the farm board would act to stop further declines, were the chief influences. Corn and oats were higher with wheat. At the opening wheat was 1% to 2% cents higher: corn was % to % cent higher. Provisions opened strong. The late strength here and the firmness at Buenos Aires gave Liverpool a much stronger tone than expected this morning, that market being 1% cents liigher shortly after noon. Local sentiment continues mixed, but traders believe the market is ivell sold out and in a good technical position. The tone of corn was greatly improved at the close Thursday and that grain is gaining friends as the uncertainty in wheat is prolonged. At the same time, wheat Influences corn to the exclusion of all else. Oats found good buyers in the northwest Tuesday and short covering aided in the late rally. Trade, is very quiet with the chief interest centered in the wheat pit. Chicago Grain Table —Feb. 26WHEAT— , Prey. High. Low. 12:00 close. March 1.06% 1.05% 1.05% 1.04% Mav 1.11 !.09% 1.10% 1.08% July 1.12 1.10 , 1.11% 1.10% CORN— March 84% .82% .83% .83% Mav 89% .86% .86% .87 Jlliy 89% .89% .69% .88% OATS March 41% .40% .41% .40% Mar 43 .42% .43 .42% July 43 .42% .42% .42% RYE— March .78% .77% .77% .78% . Mav 76% .76 .76% .76% i July 79% .781* .78% .78 LARD— March 10.57 10.57 10.57 10.40 May 10.75 10.70 10.71 10.60 July 11.00 10.95 11.00 10.82 Pit Times Special CHICAGO. Feb. 26.—Carlots: Wheat, , 22; corn. 42; oats, 6; rye, 9. and barley. J.

Local Wagon Wheat

City drain elevators are paying 99c for No. 2 red wheat and 95c for No. 2 hard wheat. ASSAILANT SENTENCED Man Broke Arm of Woman Whose Son Turned Hose on Him. ISu United Press EAST CHICAGO, Ind., Feb. 26. k Bryant Evans, 28, will pay $25 and costs and spend thirty days in jail for beating the mother of a 12-year-old boy, who turned a garden hose on him. Evans struck Benny Dziadowicz over the head with the hose nozzle when the boy sprinkled him. When the mother, Mrs. Caroline Dziadowicz interfered, Evans threw her to the ground, her arm being broken, in the fall. Candy Manufacturer Dies Bv United Press BRAZIL, Ind., Feb. 26.—John O. Blower, 35. candy manufacturer and’ operator of several candy stores, died suddenly of heart disease. He was an aerial observer in the World war with Captain Lang, British pilot, when he made the first altitude record in an airplane in 1917.' I Buy and Sell Central Ind. Power 7% Pfd. Newton Todd 415 Lemcke Bldg.

247 North Pennsylvania Street Our new downstairs location has created an unusual demand for high-class rental properties. List your properties with us . . . special rate. INSURANCE RENTS APPRAISEMENTS REAL ESTATE LOANS LI ncoln 7491