Indianapolis Times, Volume 41, Number 251, Indianapolis, Marion County, 28 February 1930 — Page 25
FEB. 28, 1930
SELLING HITS STEEL SHARES AFTER UPTURN Majority of List Is Up in Early Afternoon Trade.
Average Stock Prices
Averag* o! thirty inriuvtrialr for Thursday •*• 259.33, up .33 Average of twrnty rails ji a* 152.66. off 24 Average of twenty utilities mas 9 36, up 1.16. Average of forty bonds was 94 00. up .03. By I'nilrd f’n tt NEW YORK, Feb. 28.—Irregularity continued in the early afternoon on the Stock Exchange today, with the majority of Issues higher. Leaders, with the exception of Steel and Radio, were 1 to 2 points higher, while the general list had a fair sprinkling of small lasses, due to profit-taking. Shortly after noon call money, which had renewed at 4'.- per cent, declined to 4 per rent. Time moneytor longer dates, was slightly easier. New Highs Made Several issues went to new 1930 highs, while Warner Brothers Pictures made anew top for the present shares, having recovered more than 36 points from its low- of 30 made on the autumn break. Warner Brothers spurted nearly 2 points to 66 >4. followed by strength in other amusements. Radio Keith Orpheum made anew 1930 top at 32%, up ■%, and Loew s also made a record for the year at 70%, up 2. Paramount equaled its high. Substantial gains ranging to 3 points were made by Case Threshing Machine, Minneapolis Moline, Associated Dry Goods, BrunswickBalke and General Electric. Westinghouse Electric quieted down, but was holding around the best levels for the year. Leaders Ease Off American Telephone headed the utilities, rising to anew top from the previous close. Smaller gains were made by Consolidated Gas and International Telephone, while Standard Gas declined. Coppers were firmer. while motor shares held about steady. Leaders like United States Steel and Radio Corporation eased off from their previous closing levels. GIRL GETS 20 YEARS Smiies as Court Pronounces Sentence tor Jewelry Store Holdup. Bv United Prett BUFFALO. Feb. 28.—Sally Joyce Richards, 20-year-old bandit, was sentenced to twenty years in prison today by Justice Alonzo Hinkley for complicity in the i $20,000 holdup of a local jewelry store. She smiled as sentence was pronounced.
The Quarter-Century Jewelry Store Offers 3 WONDER SPECIALS for Only 45c Down Our Regular $50.00 Diamond Solitaire With the Above Our Regular $25 Diamond Rings—Special at Firey Diamond set in hand-engraved solid white gold mounting. $17.95 45c DOWN! Krauss Co. INC. CREDIT JEWELERS 113 W. Washington St. Lincoln Hotel Bldg.
In the Stock Market
ißy Thomson k McKinnon) NEW YORK. Feb. 28.— Overnight developments are quite numerous and generally of a constructive nature. The policy of the Federal Reserve of further easing credit conditions has not been modified and the statement of condition shows distinct improvement during the last week, with local banks virtually out of debt to the reserve. Apparently further reductions in rediscount rates, both here and abroad, are not far distant.. From a market standpoint. it is likely, however, that the virtual assurance that the Steel Corporation is to receive a further refund from the treasury department amounting to about $3 a share, will again return this issue to market leadership and help to stimulate investment demand for the better grade of securities. The distinct improvement in copper metal buying along with more hopeful reports from the automobile industry should, we feel, in the near future serve to focus attention on the potentialities of these groups, which so far have been extremely slow in making market headway. Yields of many of the leading stocks in these two groups are so generous that we can not refrain from drawing attention to their possibilities, and we suggest that seasoned stocks In both of these groups merit consideration at around present levels. GIRL DIES IN CRASH Believe Rustlers Shot at Plane in Colorado. WALSENBURG, Colo., Feb. 28.—A theory that Cattle rustlers may have shot down an airplane that crashed in Mosca Pass, sixty-seven miles north of here, causing the death of a 16-year-old high school girl was investigated today. Eloise Noble of Pueblo, Colo., was killed Thursday when an airplane ot the Alamosa Airways, Inc., piloted by Harry Miller, World war ace, crashed into a mountain side. Miller was bruised slightly. Arbra Tallon, 16, of Alamosa, companion of Miss Noble, was injured seriously. W. D. Sheeley. president of the air line, advanced the cattle rustler theory and asked Sheriff Harry Capps to investigate. BRAZIL GOES TO POLLS Voters to Elect President Saturday for Four-year Term. l: a Uniti (1 /‘refit RIO DE JANEIRO, Brazil, Feb. 28—The political tension that has gripped Brazil for the past four months reaches its climax Saturday, when the voters will choose a successor to Washington Luiz as president for a four-year term. The two contestants are Julio Prestes de Albuquerque, heading the governmental party ticket, and Getulio Dornelles Vargas of the liberal alliance. Both have been prominent for years in Brazilian politics.
PORKER PRICES UNEVENLY OFF AT CITY YARDS Cattle, Calf, Sheep Markets Show Little Change in Figures. Feb. Bulk. Top. Receipts. 21. [email protected] ti 1.60 4,000 22. [email protected] 11.60 4,000 24. [email protected] 11.75 4,500 25. 11.50 11.50 5,000 26. [email protected] 11.30 4.000 27. [email protected] 11.70 3.500 28. 10.90'S 11.50 11.50 7,000 Hog prices were unevenly 5 to 30 cents lower today at the city stockyards, prices for the bulk, 150 to 275 pounds, ranging from $10.90 to $11.50. Receipts were 7,000; holdover, 549. Cattle were steady with receipts of 500. Calf receipts were 800. the market for veals steady at $14.50 down. Top lambs brought an early price of $10.25. Receipts were 200, the market steady. Chicago hog receipts were 21,000, including 3,000 directs. Holdovers were 10,000. A few early bids and sales were recorded 10 cents lower than Thursdays average; occasional loads of 130 to 2x pound weights going at $11.25 to $11.40; practically nothing done on others. Cattle receipts were 2,500, sheep 12,000. -HogaRecelpts, 7,000; market, lower. Heavies, 300 lbs. up SIO.OO 310.60 250-300 lbs 10.65(310.90 Med. Wts. 225-250 lbs [email protected] 200-225 lbs '. 11.35 Light wts.. 160-200 lfes 11.50 Light Its., 130-160 lbs [email protected] Light wts.. 160-200 lbs [email protected] Packing sows 8.25@ 9.50 —Cattle— Receipts. 500; 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. Rood and choice [email protected] Common and medium [email protected] Heifers. 650 lbs. down. Rood and choice 11.00(3:13.50 Common and medium 7.00(311.50 Cows B.oo@ 9.50 Common and medium 7.00 @ll.OO Lower cutter and cutters .... 4.50# 6.25 Stocker and feeder steers. Rood and choice [email protected] Common and medium 6.50® 9.50 —Veals— Receipts, 800; market, steady. Medium and choice $10.50# 14,50 Cull and common [email protected] —Sheep— Receipts, 200; market, steadv. Lambs. Rood and choice $ [email protected] Common and medium B.oo'k 9.75 Ewes. medium to choice 4.25® 5.75 Cull and common 2.00@ 4.25 Other Livestock /Si/ United Prett CHICAGO, Feb. 28.—Hogs—Receipts, 21,000; including 3,000 direct; market, 15@25c lower on hogs scaling under 220 lbs., heavy weights, 25# 35c lower; top. $11.40; paid early for 180-200 lb. weights; relatively few above. $11.25; butchers, medium to choice. 250-350 lbs.. slo# 10.75; 200-250 lbs.. $10.35(7(11.40; •160-200 lbs.. $10.50® 11.40; 130-160 lbs.. $9.854511.25; packing sows. $8.50#9.85; pigs, medium to choice. 90-130 lbs.. $94110.75. Cattle—Receipts. 2.500; calves. 1,000; steer trade steadv to strong; local large killer? showing interest; bulk, $1150(7(13; top. $13.50; all she stock more active and strong at week’s decline; •laughter classes, steers, good and choice. 1300-1500 lbs.. sl3# 15; 1100-1300 lbs., $12.90 @ 15.50: 950-1100 lbs., $12,904/15.75; 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(7/ 14.25; common and medium, $8(311.50; cows, good and choice. £7.2547 10: common and medium, 7.25; low cutter and cutters, $435.50; bulls, good and choice, beef, $7.75#9; cutter to medium. $6.5038.25; vealers, milk fed, good and choice. $9.75(314; medium, $8.75<3 9.75: cull and common. $7(38.75; stockers and feeders, steers, good and choice, all weights. $10.75(311.75; common and medium, $8.254/10.75. Sheep—Receipts. 12.000; market, barely active, steady; bulk light lamb. $10(g 10.40: best held around, $10.75; 93-100 lb. weights around $9.75: fat ewes, $5.50 down: good grade 70 lb. feeders, 09.50; lambs, good and choice. 92 lbs. down. $9.75(310.85: medium, $9.25(310; cull and common. $8.50(39.25; medium to choicp, : 2-100 lbs. down. $8,504/10.50; ewes, medium to ch(*ce, 150-lb. down. $4.50'35.75; cull and common, $2// 4.75: feeder lambs, good and choice, $9.25# 10.25.
By United Press I CINCINNATI. Feb. 28.— Hors— Receipts, 6.000; held over. 220; butchers over 160 ' lbs.. 15@25c. lower; heavies off most; light ! butchers fairly active; bulk good and i choice. 170-230 lbs.. $11.60; desirable 230- ! 250 lbs., $11.25(1(11.35; 250-275 lbs,, slHi 11.15; heavier. $10.75 down; bulk 120-160 lbs.. $11; light pigs under 110 lbs.. $10.50 down; sows steady to weak; bulk, *8.75@ 9.10; odd head. $9.25. Cattle—Receipts, 350; calves, 300; steady: desirable butcher : sters and heifers, $124112.50; plain kind, ! $lO4/11.50; bulk beef cows. $6,754(8; few , higher; low cutters and cutters. $4.754/ , 6.25; bulls weak to 25c lower; bulk. *74/ 1 8.25; vealers steady: top. sl4; bulk less desirab'e. $94/12. Sheep—Receipts, 200; lambs 25®50c lower: sheep steady; better grade lambs. $lO4/11; common and medium. $7,504/9; interior down to $4; good light ewes around $5.50. I By United Press PITTSBURGH. Feb. 28 Hogs—Receipts, i 1,500; market steady, about 10c lower; 150220 lbs.. $11.754(11.85: 230-260 lbs.. *11.25 ; Sf 11.65; 100-130 lbs., [email protected]; sows. $9 4/9.75. Cattle—Receipts, none; calves, rei ceipts 125; market steady; top vealers. I $15.50. Sheep—Receipts, 750: market steady; tendency lower; choice handyweight lambs. *11.50; bulk, *lo@ll. B” United Press TOLEDO, Feb. 28.—Hogs—Receipts, 250; market 10 to 15c lower; heavies, $10.25® 10.65: medium. $11,254(11.40; Yorkers. $10,504/10.75; pigs, $10,504(10.75. CattleReceipts. light; market slow; calves, receipts. light; market steady. Sheep and ; lambs—Receipts, light; market slow. I n.ir Times Special LOUISVILLE, Feb. 28—Hogs—Receipts. 900; market 15c lower; 250 lbs. up, $10.65; 165-250 lbs . $11.35; 130-165 lbs.. $10.55; ; 130 lbs. down. $8.85; roughs, $8.45; stags, $7.35. Cattle—Receipts. 100; market steady: prime heavy steers. *ll® 12; heavy shipping steers. $lO4/11: medium and plain steers. $8,504/10; fat heifers, $34( 11.75; good ,o choice cows, $6.5068: medium to good cows, $5:504/6.50; cutters. $5.25®5.50; canners, *3.60® 5; bulls. $64/; 8.50; feeders. SB4/10.75: Stockers, $7,504; 11. Calves—Receipts. 200; market steady; tops, sl2: good to choice. $10.50®12; medium to good, $8,504/10.50; outs. $7.50 down. Sheep—Receipts, 50; market 50c lower; ewes and wethers, $10(510.50; buck lambs. $94/9.50; seconds. $64/7.50; sheep, $4,504/5.50. Thursday s shipments: Cattle none; calves, 110; hogs, 144: sheep, none. Marriage Licenses Woodie E. McCormick, 46. of 2218 Woodj 'awn. brakeman, and A. Blanche Sexton, 41, of 2218 Woodlawn. Bruce W. Clark, 29. of Acton, farmer, and Mary E. Smock. 26. of Acton, j George M. Trout, 21, of 810 North SherI man. clerk, and Louanna Canon, 18. of ! 3016 East New York. ! Richard Williams, 34. of 713 East Veri mont. grocer, and Laura Farlow, 32. of i 329 East Tenth. Leo G. Carev. S4. of 1207 South Senate, fireman, and Joseph Booker. 30, of 2231 West Morris. John A. Kelly. 31. of 2708 Cornell, carpenter. and Wilma W. Pearson, 30, of 4939 Ford, bookkeeper. Building Permits Excelsior Laundry, drying room. 909 Ft. I Wayne. SSOO. i George Beiller, alterations, 2214 North I Alabama. SSOO. i State of Indiana (insane hospital l , ali terations. Washington and Tibbs. $53,500. ; Fred McDonald, repairs. 3121 North Eli- ; nois. $734. E. F. Main, addition. 3702 School. SI,OOO. IJ. C. Duncan, dwelling and garage, 4801 Park. *9.000. Hare Chevrolet Company, repairing, 1019 East Washington. *225. Oliver and Kentucky Avenue Realty j Company, reroofing. 735 West Henry. ! $1,500. Jane L. Kendrew. garage, 1821 Nowland, I $250. Robert T. Moorehead, back porch. 204! North Dearborn. $250. Robert T. Moorehead. back porch, 2045 ! North Dearborn. $250. Robert T. Moorehead, back porch, 2049 North Dearborn. $250. Mrs. Alexandria, reroofing. 2124 North Alabama. S2OO. Ralph McMulUn, alterations, 63* East Minnesota. $350. H. O. Overstreet, dwelling and garage, 6141 Ralston. *4.000. NEW YORK COFFEE RANGE —Feb. 27 High. Low Close. January 7 65 7 40 7.65 March 8.65 8.57 8 57 May 8.86 8.00 8.36 July 7 99 7.81 7.99 September 7.85 7.85 7.85 December 7.64 7.45 7.64
THE INDIANAPOLIS TIMES
New York Stocks (By Thompson & McKinnon)
—Feb. 28— Prer. Railroads— High. Low. 12:00. Cloee. Atchison ???,* Balt * Ohio 115*4. 115*4 Canadian Pac .203% 202% 203% 20.% Chesa k Ohio 231*4 232 Chesa Corn .... 74% 73% 73®, 74 Chi * N West 81 Chi Grt West W% C R I <fc P 120 1 4 119% 119 Vi 119*4 Del k Hudson 170% Del & Lacka ... I*3 Erie 59% 59 59 59*4 Erie Ist pfd 66 Grt Nor ... 98% 98‘s Lehigh Valley 72 Mo Pac ... ... 91 MK & T 54 % 54 54y 54*4 Mo Pac pfd ••• IJSi® N Y Central ... 183*4 182% NY NH & H 121 >2 121*4 Nor Pacific ... ... 93*4 Norfolk A: West. .. ... ... 260 O A* V/ , 14*8 Pennsylvania ... 82% 22% 82*4 82% Southern Ry 128'b ...* Southern Pac 124 124 St Paul 23% 23% St Paul pfd .... 41*8 41*8 41*8 41*8 St L Ac S W 64 St L Ac S F 111*8 Union Pacific .. .. ... .. 229 West Maryland. 27% 27% 27*8 27*8 Wabash ... ... 54 West Pac ... ... 25 Rubbers— Ajax 2 2 Fisk ... 3*B 3% Goodrich 43 47% 48 47Vi Goodyear 82% 82'* 82'i 81 Ke!ly-Spg3d ... 4*4 4*4 Lee ... . 7'/a United States .... ... 28Vs 26% Equipments— Am Locomotive 99 Am Steel Fd ... 48*i Am Air Brake Sh 52 51 52 52'a Man Elec Sup ... 32% Gener El (New’) 75!4 74 74% 74 Gen Ry Signal.. .. ... ... 93*4 Gen Am Tank ..105% 104% 105% 104*4 Pressed Stl Car. 15*2 15 15 15Vi Pullman 82% 82% 82% 82 Westingh Air B. 51V. 50*4 50’., 51% Westlngh Elec . .184* a 182*/ 133% 182 Steels— Am Ro! Mills .. 94% 91% 91% 94% Bethlehem 99% 98®, 98% 100% Colorado Fuel ... 54 Crucible .. 86% Gulf States Stl 72®, 73 Otis 34®, Rep Iron k Stl. .. ... ... 75®, Ludlum ... 42 % Newton 52% 53 U S Steel 182 Vi 181 181% 182% Alloy 32% 32% 32®/, 33% Warren Fdy ... 36% 25 % 26 *4 ... Youngstown SH 130’% Vanadium Corp 69 68 Motors— Am Bosch Mag 52% 51% 51% 52% Briggs 15% 15% 15% 15% Chrysler Corp.. 38% 38’, 38 39 Eaton Axle .... 35 34% 34% 25% Graham Paige.. . . ... , 9% 9% Borg Warner .. 41®i 41 41 40% General Motors 43 **• 42% 42% 43 Elec Stor Bat ... ... 76% Hudson 56% 5 5 Vi 55% 56% Hayes Bod Corp 6% 6®i 6% 6% Hupp 22 21% Auburn 223 221 223 221 % Mack Trucks 81 Marmon 24 23% Reo 13 % Gardner ... 6 5% Motor Wheel ... 30 29% 29% ... Nash 51*4 51 51 51 Packard 19% 18% 19 19 Peerless ... ... 12 Studebaker Cor ... ... 43 43% Stew Warner ... ... 39% Timken Bear 77 76*4 76% 77 Willys Overland ... ... ... 9% Yellow Coach... 20 1 * 19*4 19% 20 White Molor .. 35% 35% 35% 35*4 Mining— Atn Smelt A; Rfg 77% 70® 71 71% Am Metals 46 45% 35% 46 Am Zinc ... . . 15% Anaconda Cop.. 74 71% 72% 75* Calumet. Ac Arte 76 75 75% 77% Calumet Ac Hecla 29% 30% Cerro de Pasco 61 61 Dome Mines ... ... 7% Granby Corp 56% 56% Ot Nor Ore ... .. 22% Inspiration Cop 28 27% 27% 28% Howe Sound ... 38 37% 37% 38 Int Nickel 39% 39 39 39 Kennecott Cop. 56®,4 55*4 56% 57 Nev Cons 27% 27% 27®, 27'Texas Gul Sul 62% 62% St Joe 54% 54% U 8 Smelt ... ... 33 Oils— Atlantic Rfg 39 38®, Barnsdall A .... 21% 21*4 21% 21*/, Freeport-Texas.. 40% 40% 40% 39% Houston Oil 66% 64 66% 63% Indp Oil Ac Gas 21% 21% 21% 21*4 Conti Oil 21*4 21 21 21% Mid-Cont Petrol. 24% 24% 24% 24% Pan-Am Pet 8.. .. ... .. 53 Phillips Petrol. 32% 32 32 32% Prairie Oil 46 Union of Cal 42% Prairie Pipe 06 55% 55% 57% Pure Oil 22 22 22 22 Royal Dutch 50*4 50% 50Vi 50% Richfield 24 Vs 24 24% 24 % Shell .......... 21*8 21 Vi 21% 21% Simms Petrol 24 Vi Sinclair Oil ... 25 24% 24% 25 Skelly Oil 29 Vi 29 V, 29 V, 29% Std Oil Ca 1.... 59 Vi 50 50 59% Std Oil N J.... 59% 59'4 59*4 59*8 Std Oil N Y 32% 32% 32% 32% Tidewater ..... 11% 11% ll®, 11% Texas Corp 52% 52% 52% 52% Texas C Ac 0 9\ Transcontl 8 8 8 8 White Eagie ... ... 27% Industrials— Adv Rumely.... 19 17% 19 17% Allis Chalmers.. 58% 58% 58*4 58% Allied Chemical 268*4 A M Byers 84% Armour A 5% 5% 5% 5 Amer Can 141% 14! 141 141% Alleghaney Corp 31®, 30% 31 31% Am Safety Raz.. 63% 63-% 63% 63% Amer Ice 36% 36% 36% 36% Am Woolen 17% 17% 17% 17% Assd Dry Goods 36 Bon Alum ... 51 % Coca Cola ... ... 149% Conti Can 65% 65*i -65*, 65* Certainteed .... 13% 13% 13% 13% Congoleum 17% Curtiss W 10% 10% 10®, 10% Davidson Chem 38 37% 37% 37% Dupont 127 124 Vi 124% 126 Famous Players. 69 68 68 68% Gen Asphalt.... 54 54 54 54% Fox A 34% 33% 33% 33% Gold Dust 43 42% 43 42% Glidden ... ... 34% Int Harvester.. 93 92% 92% 92 Kelvinator .... 14*5 14 14 13% Lambert 108% 107 *4 107% 108 'link Belt 42 42 42 44% Loews 70 *s 69 Vi 70% 69% May Stores ... ... 56% Roister 2 T /a 2% 2% 3 Montgom Ward 44% 44% 44% 44% Natl C R 74% 74 74 74% Radio Keith 31% 31% 31% 31% Owens Bottle 60 Radio Corp .... 48% 47Vi 47% 48 Real Silk 57% 57% 57% 58 Rem Rand 37% 37% 37% 37 Sears Roebuck.. 90 88% 88% *% Union Carbide.. 90% 90 90% 90% Warner Bros ... 65% 64% 64% 44% Un Air Craft... 55*8 54% 55% 56 USCs Ir Pipe.. 31% 31V, 31% 31% U S Indus Alco. .119 118% 119 119*4 Worthington P'U 83 83 83 83 Wooiworth C 0... 65% 84 64% 65*b Utilities— Am Tel Ac Te1..239% 237% 239% 237% Am Pr Ac Lt... 96Vi 95% 96% 95% Eng Pub Serv.. 54 52% 54 55% Am For Power. 94 92% 92% 93% Am Wat Wks.. .107 105% 105$: 106*1 Gen Pub Serv.. 44% 44% 44% 44 Col G Ac E 92% 91*8 91*8 92 Consol Gas 119% 118% 118% 119% Elec Pow Ac Lt., 67% 66% 66% 67 Int T Ac T 69 68% 68% 68 Nor Am Cos 111% 111% 111% ... Pac Light 90% 89% 89% 90 Pub Serv N J... 97*8 96*8 96% #7% So Cal Edison.. 62% 62% 62% 64% Std Gas Ac E1...120% 120% 120% 120*a United Corp ... 39% 39% 39% 39% Utilities Power. . 38 37% 37% 37% United G Sc Imp 38% 38% 38® 8 38% West Union Te1..216% 215 216% 213% Shi oping— Am Inti Corn.. 47% 46% 46% 46% Am Shin Ac Com 2 I*i 1% 1% Atl Gulf A- W I 70* a 70 70% 70 United Fruit... 92% 91 91 92 Foods— Am Sug Rfg ... ... 62 Beechnut Pkg.... .. ... ... 64 California Pkg.. 75% 75% 75% 72®; Canada Dry ... 73% 72 73% 72®, Corn Products.. 96% 96% 96% 96 Cent Bak A ... 44% 44 44 68% Grand Union $ 18% Jewel Tea 50 50 50 50% Kraft, Cheese... 46% 46% 46% 46% Kroger 39% 38 39 38 Loose-Wiles 61%
On Commission Row
Fruits Apples—Delicious, box extra fancy, $4.25: fancy. $4: Baldwins, *2.50: Grimes Golden. $2.5002.75: Northern Spies. $2.25: Winesap. 52.3502.50. Cranberries—Box of 25 lbs.. SB. Grapefruit—Florida. $4.780 5.25. Grapes—California Alemeria, $3:75: Emperors. keg. $6. Lomons—California s crate. $5 75f:6.25, Lltr.es—Jamaica. $2.50 a hundred. Oranzes— California naval*. $4.7507.25. Strawberries—4sosoc a quart. Vegetables Beans—Florida. $4 04.50 a hamper Beet*—Texas. $3.50 a crate. Cabbaee —New, sti@6c a pound. Ceierv— Florida. [email protected] a crate Cauliflower—Colorado, $1.90 a crate. Cucumbers—Florida. $3.5004 a crate. Eggplant—*l.7s62 a dozen Kale—Spring 90c to *1 a bushel Lettuce—California Iceberz. $3.5004.00 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. Parslev—Home grown. 50c doz. Peas—California. 45-lb. crate. $505.50. Penpers—Florida, a crate. *7.50. Potatoes—Wisconsin. $4.40 a 150-lb. bag; Minnesota. $3.10 a 100-!b. bag: Red River Ohios. 120 lbs.. *3 750J.85: Idaho Russets. S3 75 a 100-lb. bag. New Potatoes—Florida Cobblers. 50-lb crate. *3.00: Texas Red. 100-lb. bae. *6.50. Sweet Potatoes—Nancy Halls. $1 75 a hamper; Opossum brand. Indiana lersevs. *3.00 per bu. . Rhubarb—Home grown hothouse 5-Ib bunch. 65c. Sassafras—lndiana. SOc a do* Radishes—Home grown button. 85c do*. Mustard—Home grown, 81.58 a buihel. Cucumbers—Home grown. *1.7502.00.
Natl Biscuit 309 Nat] Dairy .' SO% 50% SO% 50% Purity Bak *4*, 34% 84% 85% Loft 5 4% 4% 4% Gen Foods 51% 51% 51% 51% Stand Brands.. 26 25% 26 25% Tobaccos— Am Sumtra 22 5 a 23 x 4 22 1 * Am Tob B 237*. 237 237 237% Con Cigars 52% 52% 52% ... Oeneral Cigar.. .. ... ... 5i% Llg k Meyers.. 101% 100% 100% 100% Lorlllard 24% 24% 24% 24% R J Remolds .. 53% 53% 53% 53'- s Tob Proudcts B 4®, 4®, 4% 4% United Cigar St 6% 6 6 6Vs
Produce Markets
Eggs icountry run'—Loss off. delivered in Indianapolis. 18c: henery quality. No. 1. 21c: No. 2. 18c. Poultry (buying prices)—Hens, weighing 4% lbs. or over. 24c: under 4% lbs.. 23c: Leghorn hens. 22c; springers. 4 lbs. or over. 21c. under 4% lbs. 21e; broilers. 193d. 25c: old cocks. 12@15C1 capons. 8% lbs. or over, 30c; capons. 7% lbs or over. 27c: capons and slips, 5 lbs. and over. 25c; capons. 5 lbs. and under. 23c. ducks, full feathered, fat. whites. 14c: geese. 10c. These prices are for No. 1 top aualitv. auoted by Kingan A: Cos. Butter (wholesale)—No. 1. 39@40c; No. 2. 37@ 48C. Butter—34c. Cheese (wholesale selling price per pound)- American loaf. 3lc: pimento loaf. 33c; Wisconsin firsts. 27c; Longhorns. 24c; New York limberger. 36c. Bv United Pre.it CHICAGO. Feb 28 —Eggs—Market weak: receipts. 20 061 cases: extra firsts. 24%(</ 25c: firsts. 24c; ordinaries. 22 a 23c; seconds. 20c. Butter—Market weak: receipt, 9.177 tubs; extras. 33c; extra firsts, 32# 32 %c: firsts, 30%@31%c; seconds, 29 %: standards. 33c. Poultry—Market easy; receipts. 3 cars: fowls. 24c; springers, 28c; Leghorns, 24c: ducks. 20®22c; geese. 1441160; turkeys. 25c: roosters, 20c; broilers. 36# 38c. Cheese—Twins. 19 20c; voung Americas. 21c. Potatoes—On track. 290: arrivals. $9; shipments. 753: market dull: Wisconsin sacked round whites. $2.35#2.50; Minnesota and North Dakota sacked round whites. [email protected]; Idaho sacked russets, $2.90@3 20. Bn f’r itrd Prett NEW YORK, Feb. 28.—Flour—Quiet and firm; spring patents, .$6#6.50. Pork ■ — Steady mess, $29.50. Lard—Firm; middle west spot, [email protected]. Tallow —Quiet; special to extra, 6H@6%c. Potatoes Quiet and unchanged: Long Island, sl# 6.25: southern. s7@9; state. 53.75#;4.60; Bermuda. ss® 12; Maine. $1.75/(15.15. Sweet potatoes—Quiet: southern baskets, 90c# $1.50; southern barrels, $2.75: Jersey baskets. 50c#52.60. Dresesd poultry Steady; turkevs. 27@42c; chickens. 18# 40c: capons, 28# 44c; Jowls, 17@30c: ducks, Long Island. 23@26c. Live poultry—Steadv to firm: geese, 13@23c; ducks. 14#26c; fowls. 33#33c; turkeys. 30#32c: roosters, 18# 19c; chickens, 2326 c; capons, 23# 45c; broilers, 30#i45e. Cheese —Firm; state whole milk, fancy to special, 24@26c: young Americas. 22# 24%c. By United }‘rrtt CINCINNATI, 0., Feb. 28.—ButterSteady; creamery in tub lots according to score. 35# 36c; common score discounted, 2#3c; packing stock No. 1,22 c; No. 2,18 c: No. 3,13 c; butterfat, 32@34c. Eggs—Lower; cases included; fresh gathered. 24%c; firsts, 28%c; seconds. 22%c; nearby ungraded, 23 %C. Live poultry— Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over. 25c; 4 lbs. and over, 27c: 3 lbs. and over. 27c; Leghorns 3 lbs. and over, 25c; roosters, 18c: stags, 23c: capons. 8 lbs. and over, 35c; under 8 lbs.. 33c; slips. 21c; fryers, colored, oyer 3 lbs., 36c; broilers, 1% lbs. and over, 38c; IV, lbs. and over, 33c: Leghorn broilers, I*4 lbs. and over, 30c; roasting chickens 4 lbs. and over, 30c; black springers, 23c.
Indianapolis Stocks
—Feb. 28Bid Ask Amer Centra) Life Ins Cos .1.000 Belt H ft k S Yds Cos com.. 61 64 BpU R R k 8 Yds Cos pref.. 55 60% Bobbs-Merrill Cos 29% 33% ’Central Indiana Pow Cos pref 90 % 95 Circle Theater Cos common 105% ... Citizens Gas Cos common,... 36 •Citizens Gas Cos pfd 96 100 •Commonwealth L Cos pf 1%.. 97 Commonwealth L Cos pf 8% 98% Hook Drug Cos. common new.. 23 Ind Hotel Cos Ciaypool com... 125 Indiana Hotel Cos prof 100 •Indiana Service Corp pref .... 80 Indianapolis Oas Cos common. 56% 61 % Indpls Power Sz Lt Cos pfd....103% 105 Indpls Pub Welf Loan As com 50 Indpls St Ry Cos pfd 29V, 30% Indianapolis Water Cos pfd. . *7 Interstate USCopr6% Lpf 87®i 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 Raub & Sons Fer. Cos pfd.. 50 Real Silk Hosiery M. Inc. pfd 90 Shareholders Investors Cos . 24 Standard Oil Cos of Ind 50*4 ... •Terre Haute Trac ft L Cos pfd 71 Union Title Cos common .... 42 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 55.... JOl Citizens Street Railroad 55.. 46% ... Gary St Ry Ist 5s 11 Home T is'T of Ft. Wayne 6s. 101*4 ... Ind Northern Trac Cos 5s ... 3 5 Ind Ry k Light Cos 5s 95 Indiana Service Corpn 5s Indpls Power and Light Cos 5s 96% 98 Indiana Union Tree Cos 5s ... 5 Indpls Col & So Trac 6.8 96 100 Indianapolis Gas Cos 5s 98% 100 Indpls Sc Mart Rapid T Cos 6s 20 Indpls No Trac Cos 5s 9 13% Indpls North Western Cos 55.. 20 Indpls Street Ry 4s 42% 46 Indpls Trac Sc Ter Cos 55.... 93% 94% Indpls Union Ry 5s 100% Indpls Water Cos 5%s 101 Indpls Water Cos 5s 92 Indpls Water Cos lien k ref. 92 Indpls Water 4%s 92 93 Uiripls Water *V Sec Cos ss. 84 Interstate Pub Serv Cos 6%5...10J Interstate Public Service Cos 5s 97% ... Interstate Pub Serv Cos 4%5.. 88% ... No Ind Pub Serv Cos 5s 98 No Ind Telegraph Cos 6s. ...... 96% T H Ind Sc East Trac Cos 5s T H Trac At Light Cos 5s 87% ... Union Trac of Ind Cos 6s .... 17 22
The City in Brief
Edward Muller, 9, of 1017 South Sheffield street, and Herbert Lockwood. 11, of 936 Blaine avenue, were reported attacked and bitten by a police dog on Morris street near Kappes street Thursday afternoon. Police shot the dog. Dramatic art recital will be given by pupils of Helen Morton at Brookside park community house at 8:15 tonight. McC'rea chapter, Westminster Guild, will give a one-act play and sey ? en variety acts in Memorial Presbyterian church tonight. A series of four lectures on venereal disease will be given by Dr. F. W. Cregor, member of the Indiana university school of medicine faculty, and of the national committee of five on venereal diseases, at the Indiana university extension division building, March 6, 13, 20, and 27. The school charges a small fee for attendance at the lectures.
FRANCE IS WORRIED i Alarmed by Delay at Naval Parley. ; Bv United Prett ; PARIS, Feb. 28.—Prospect that | another ten days may pass before the French naval delegation takes its place at the London conference is beginning to alarm government officials. The French feel that if the London parley is unsuccessful, blame for it will be laid at the doors of the republic, first because of its heavy tonnage demands, and second because of the delay in the negotiations caused by its domestic crisis. From a purely national standpoint, however, the French heartily approve the methodical and painstaking Banner of Premier Andre Tardieu. in going about the formation of his new government.
JOB SITUATION WILL BE MASS MEETING TOPIC Attorney F. B. Ransom to Be Speaker at Y. M. C. A. Sunday Afternoon. “Unemployment and How to Solve it,” is to be the subject of Attorney F. B. Ransom, general manager of the Madam C. J. Walker Manufacturing Company at the monster meeting held at the Senate avenue Y. M. C. A. Sunday at 3:30. Ransom, whose company is one of the largest employers of Negro help, has studied the economic trend and the relationship of business and employment, and will give some interesting facts on unemployment conditions. He also is chairman, of the employment committee of the Monday Luncheon Club. In a recent contest sponsored by the local Chamber of Commerce in connection with achievement week, the speaker was awarded second prize. Waugli to Introduce Speaker Ransom will be introduced by Wallace Waugh, president of the Monday Luncheon - Club. Soloists will be Miss Geneva Williams and Frank Brown. A musical program will be given by the Masonic band under direction of Henry Williams and Harry Davis. The meeting is open to men only. G. L. Haves, principal of School 26, will speak at the meeting of the Life Builders’ Club at the Y. M. C. A. Sunday at 3. Current news will be given by Vernon Rogers, a story by Don Holloway: book review, Leroy Taylor, and recitations by George Irwin and William Cooper. Music will be In charge of Robert Horsley, Roger Hurd and Herbert Higgins. Founders’ day is to be observed bymembers of Alpha Kappa Alpha sorority at Phyllis Wheatley Y. W. C. A. Sunday at 2:30. Mr*. Bousefleld to Speak Mrs. Maudelle Bousefleld of Chicago, national basileus, will be the principal speaker. Local sororities and fraternities are to bring greetings. Miss Evangeline Harris of Terre Haute and Miss Emile Garrett, will give a musical program. Mrs. Mary A. Johnson, basileus of the local Alpha Kappa Alpha sorority, will preside. Special services and financial drive at Barnes M. E, church will close Sunday with all-day services. The pastor, the Rev. R. E. Skelton, will use for the forenoon sermon, "The Hills are for the Wild Goats, but the Rocks for the Conies.” At 3:30 the Rev. D. E. Skelton and choir of Scott's M. E. church will be in charge of the service. At night the pastor will talk on "The New Negro's Attitude Toward the Church.” Elder Herbert Moore of Chicago wilt conduct services at Christ Temple, Sunday. The Rev. G. T. Haywood, pastor, left Wednesday for Vancouver, B. C., -where he will conduct evangelistic services for six weeks. Woman’s council will be entertained ; Monday afternoon at the home of Mrs. Olivia Mitchell. 1165 North Pershing avenue. Topic Is Announced “The Meekness of Christ” is the forenoon sermon subject, of the Rev. D. F. White, pastor of the Witherspoon United Presbyterian church Sunday. Mr. White and choir will be In charge of the afternoon service at New Baptist church of which the Rev. W. W. Wines is pastor. At evening worship the choir will give a song service. Mrs. Vestarine Slaughter is director. The Rev. A. J. Irvine, pastor of Allen Chapel A. M. E. church, announces the following services: Sunday at 11 o’clock, sermon bv the pastor, "Great Principles and Small Duties;” Allen Christian Endeavor at 6:30; at lnght. "Walking With God.” Communion services at morning and night, worship. Twelve members were added to the church at last Sunday's services. At Mt. Zion Baptist church, Sunday, the Rev. S. B. Butler, pastor, will preach at the morning hour on "The Marks of Faith.” At 3 o’clock testimonial and communion services are to be held. At evening worship, the choir will give a song service and the pastor will use for his sermonet “This God Is Our God." Baptismal rites will be observed. Communion to Be Given Shrove Sunday is to be observed at St. Philip's Episcopal church with Holy Communion at 7:30. Song mass and sermon, “Behold I Stand at the Door and Knock.” by the pastor Father M. Mitchell. Confirmation Instructions are to be given at 5 o’clock. Indianapolis Music Promoters’ Club will observe homecoming at the home of Mrs. Artie B. German, 2702 Highland place. Plans for Music week are to be discussed at this meeting. The Rev. S. G. Spottswood, pastor of Jones Tabernacle A. M. E. Zion church, will use for his Sunday morning subject, "Nicodemus,” the first in a series of remarkable conversions. At the night worship he will preach on ‘Peculiar People.” Special services will be held at Mt. Olive Baptist church, Blake and Colton streets, of which the Rev. J. H. Holer is pastor, Sunday at 3. The Rev. F. F. Young, pastor of First Baptist church, North Indianapolis, will preach and his choir and quartet will give the music. Girls to Hear Lecture "The Secret of Twelve Jewels” is the subject of Miss Irene Harris, secretary of the industrial department, at the fourth annual luncheon of grade school girl reserves to be held In Jordan Music Hall, Saturday. Maurice Winton. school No. 42, president of the council, will preside. Music will be In charge of Sylvia McCann. Mrs. Charles Anna Fuler of Dayton is the house guest o’ Mrs. W. Wright, 1931 Bellefontaine street. Dr. W. B. Farmer, secretary of the Board of Pensions and Relief of Methodist churches, with headquarters in Chicago, is to speak at Simpson M. E. church Sunday morning. In the evening, communion services will be In charge of the Rev. J. T. Leggette, The Rev. M. W. Clair Sr., is pastor. St. Monica’s guild of St. Philip’s Episcopal church will meet Wednesday night with Mrs. Sue V. Artis, 822 Fayette street. Mrs. Lillian Courtney Is presicent. Resumes Studio Work Mrs. Lillian Lemon, who has recovered from a recent illness, has resumed class work at her studio In the Cosmopolitan School of Music. Miss Maude Meriwether, 2257 North Capitol avenue. Is seriously 111 at her home. Miss Meriwether is a teacher at school No. 23. Mrs. Ethel Campbell, 2715 Paris avenue will be hostess to members of the Bor. Viant Club at a bridge party Tuesday afternoon. "Black Indianapolis” will be the subject of Attorney Henry J. Richardson Jr., at a special mass meeting for the Universal Negro Improvement Association in Liberty hall. Twelfth street and Senate avenue, Sunday at 2. Richardson has spoken recently In the interest of several civic affairs affecting the NegTo group and Is an active leader is the employment movement.
Business —and — Finance
Bv United Prett WASHINGTON, Feb. 28. The Baltimore & Ohio Railroad has accepted the condition imposed by the interstate commerce commission authorizing acquisition of the 600rcile Buffalo, Rochester Pittsburgh Railway. The commission was advised today. The acquisition becomes effective with the filing of the railroad's agreement. Bv United Prett WASHINGTON. Feb. 28.—The I. C. C. would be directed to forbid the proposed consolidailon of the Great Northern and Northern Pacific railroads under a resolution introduced in the senate by ‘ Senator Dill (Democrat. Washington). The resolution said the merger “would not be in the public interests” because it would reduce service in the northwest and result in unemployment. NEW YORK. Feb. 28.—James G. Blaine, president and director of the Fidelity Trust Company of New York, was made a director of the Yosemite Holding Corporation. Blaine, who is also a director in the Wheatlev Hills National bank. Is a well known figure In national banking circles. General Foods, Ltd.. Canadian sales subsidiary of General Foods Corporation, has taken over the sales activities and distribution of the products of five of it* Canadian companies, according to an announcement by the company, CHICAGO. Feb, 28 —Announcement was made Jointly by the Westinghouse Air Brake Company and the Bendix Aviation Corporation of the formation of anew company to be known at Bendix-Westing-house Automotive Air Brake Company, the entire capital stock of which is to be held bv the Bendix Aviation Corporation and the Westinghouse Air Brake Company. DETROIT. Feb. 28.—Net income of the Silent Automatic Corporation for 1929, after all charges including federal taxes, was $435,711. equivalent to $3.60 per share on the 111.918 share* of rommon stock outstanding, after provision for preferred dividends. This compares with a net of $224,431 in 1928. and represent* an Increase of more than 95 per eent. More than 26 per cent of the yearly income of the people of the United States is expended for food products, both agricultural and manufactured, according to the publishers of the Encyclopedia Americana, wild point out that American "bread baskets” stow away $23,140,000,000 worth of food out of .w estimated annual income of $89.P00,000,000. Total Income of $1,021,947 Is reported by the Doehler Die Casting Company for the year ended Dec. 31, 1929, while n*t profits, after interest, depreciation, taxes and other charges, amounted to $768,343. After deducting preferred and preference dividends, profit., were equivalent to $4.19 per share on the common stock. This compares with $3.19 for 1928 and $1.98 in J 927. North American Trust shares, the largest investment trust of the fixed type at the close of its first twelve months of operation, has attained the record sale.-; total of $50,000,000, according to an an nounceinent made by Thomas F. Lee ic Cos.. Inc., syndicate managers for Distributors Group, Inc. On the occasion of its first anniversary, first public offering of the shares having been made on Feb. 19, 1929, sponsors of North American Trust sharer, state that it is the aim of Distributors Group. Inc., to have sales at the end of 1930 reach the $100,000,000 mark.
Local Wagon Wheat
City grain elevators are paying $1.03 for No. 2 red wheat and 99c for No. 2 hard wheat.
Investment Trusts
—Feb. 28— Am Founders new 27% 28’-'-Baslc Industry Shares B** 9% Corporate Trust Shares 9 9% Fixed Trust Shares A 20% ... Fix Trust Shares B 18% ... Investment Trust, of N Y 11 11% Leaders of Industry 11% 12 No Am Trust Shares 9'.. 10 Power k Light Sec Trust 60 63 Revbarn k Cos 13 14% Standard Oil Trust Shares.... 10 12 S W Straus Inv Units 52 58 Trustee Standard Oil Shares.. 10% 11% U S Elec Lt k Pow Shares A.. 39% 42% SIX HURT IN ACCIDENT Two Infants Cut an/’ Bruised as Autos Come Together. Six persons, including two infants, were cut and bruised Thursday night in an automobile collision at Fall Creek boulevard and Thirty-eighth street. Cars driven by Arthur Blackburn. 35, of 1641 Raymond street, and by Miss Ruth Colvin, 19. of 3975 Winthrop avenue, collided. Miss Colvin was cut by flying glass. Mrs. Blackburn, Cecil Custro, 27, of 732 East St. Clair street; his wife Dorothy, 26, and their two children, Shirley, 18 months, and De Wayne, 4 months, riding with Blackburn, were cut and bruised.
James T. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianpolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel Riley 5493— Riley 5494
PUBLIC AUCTION All furniture, fixtures and merchandise remaining in Jud's Men’s Duds 2 stores. Sale by trustee in bankruptcy under order of Federal court. 2 P. M. Monday, March 3 19 East Ohio Street
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GRAINS GU UP UN BUYING AT • WHEAT BOARD Belief Prevails That Farm Group Will Stay in Market. By United Prett CHICAGO, Feb. 28.—Continuing its advance of the last few days, wheat opened unevenly higher on the Board of Trade today. Foreign news was divided, but Liverpool was higher on lighter Argentine shipments and a better inquiry-, while Buenos Aires was unchanged to % cent higher. Action of the farm board continues to dominate the market. Corn was very strong and oats tended upward. At the opening wheat was unchanged to 1% cent higher, corn was ®u cent to s , cent higher and cats was unchanged to % cent higher. Provisions were steady. Liverpool was stronger than expected at the opening and advanced to 1L cents to 1% cents by nr With the stabilization corpor .on in the market, short sellers ? e not making very much profit, buying picking up every time a farm board representative buys. The belief is that the farm board wall stay in the market until prices reach the established basis. Traders generally believe that, with the farm board in wheat, corn will receive more attention from the trade. The situation is fundamentally sound and has no artificial support. Receipts are light and the farmers persist in their waiting attitude. Oats has been following the trend in the other* grains very’ faithfully, Argentine oats are being sold 10 cents under the American product in foreign markets. The situation at Chicago is purely domestic. Chicago Grain Table —Feb. 28WHEAT— Prev. Hifch. low. 12:00. close. Mar 1.10% 1.09% 1.10% i.09% Mav 1.15% 1.14 1.14% l 13% July 1.15% 1.14 1.15 1.14 CORN— Mar 89% .83% .83% .82% Mav .88*4 .87*4 88 .7 Julv 90% .90 .90% .89% OATS— Mar 42V, 41% ,41% .41% May 44% .43®, .44% .43*i July .43% .43 1 2 .43% .43% RYEMar 77 .76*/$ .76*, .77% May 76% .76% .76% .77 Julv 78% -78 V, .78% .78% LARD— Mar 10.62 10.62 May 10.82 10.82 July 11.07 11 05 11.05 11.05 fin Timet Boeeial . . _ CHICAGO, Feb. 28. Carlots: W’heot. 20; corn. 72; oats, 22; rye, 2, and barley, 7,
•POKER ALICE,’ LAST OF OLD WES T ANARUS, DIES Woman Was as “Good a Man a* Next” at Gaming Tables. Bv United Prett RAPID CITY, S. D„ Feb. 28. Poker Alice, last of that colorfr* coterie of the old west, has her last cigar, uttered her last’vesounding oath and gone to join thgood, tall men, who died under; gamblers’ guns about her fare* table. On the chart at St. Johns' hospital here, where she died Thursday of old age and complications following an operation, she is recorded as Mrs. Alice Tubbs, 77. But she was Poker Alice, as good a# man as the next, in the old days. From the gambling tables of Silver City, N. M.. to the faro layouts at Deadwood, S. D., when Deadwood echoed to the clink of the whisky glass and poker chip, the straightlimbed. keen-eyed frontier woman was known as a “big time” gambler. Wills Brother Home Brew B// l. n if* •I /*rcs* DETROIT. Feb. 28.—Directions that his “clothes and home brew” be given to his brother Fred, were contained in the will of Charles C. Duerr, filed for probate here.
We Offer for March First Investment American Loan Company 7% Preferred and Common Stock This is the first time the public has had an opportunity to share in the entire profits of this rapidly expanding company. Non-Taxable Non-Speculative An unusual investment yielding attractive quarterly income. Units . . 1 Share Common, 1 Share Preferred, $115 Detailed Circular on request Umphrey & Hartz 347 Bankers Trust Bldg. Lincoln 8439
