Indianapolis Times, Volume 41, Number 275, Indianapolis, Marion County, 28 March 1930 — Page 21
25, TP3O.
STOCKS HIGHER ON LEADERSHIP OF BIG STEEL r Volume Less Than That of Thursday: Shorts Active.
Average Stock Prices
Average of thirty Industrials tor Thursday was 281 63. off 1.59. Average cf •TventT rails was 1.55 41. off 42. Average of twenty utilities was m 2 85. off 1.16. Average of forty bonds was 95.58. off .18. Rv United Prres NEW YORK. March 28 —United States Steel common stock resumed jwts leadership of the stock market pSaftey. rising above 193, compared with the previous close of 190%. and o ! he- leaders followed. However, trading volume fell off from Thursday. Sales In the early trading were at the rate of more than 8,000,000 shares for a fivehour day, and tickers at one time were twenty-three minutes behind the market. They gradually caught up and sales diminished. While most of the leading industrials were bid up. shorts concentrated on the mercantile shares. VVoolworth Steady Heavy liquidation of Montgomery Ward sent that issue to anew low on the movement below 38. This selling was touched off with a block of 10,000 shares at 38. and then the issue broke that level. Sears, Roebuck was forced down more than a point to 85 and mpderate pres* sure was exerted against Woolworth at 62%, off %. United States Steel to 193% within % of its high for the year in heavy turnover. Sales in the issue to noon totaled 59,800 shares. General Motors was the most active of any issue. It had a turnover of 96.500 shares to noon and was then selling around 51. up 1%, and anew high for the year. - • Specialties Strong ’Other active favorites in the motor f livision were Packard, Chrysler, fellow Truck and White, the latter rising to anew 1930 peak at 8%, up following publication of ts 1922 earnings statement which howeri an increase of 23.89 per ■nt ever 1928. Other strong spots in the early i temoon included Warner Brothers ’ictures at 79, off 1%, and anew light American Telephone at 252, p 1%; Westinghouse Electric, 183%, .p %, Union Carbide. 102%, up 2%; General Electric at 83. up 2%, and Public Service at 109%, up Hi.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis hank cleanups Friday March 28 wore, *2.658,00i), debus, $5,396,000. CHICAGO STATEMENT flu United Prv> - CHICAGO, March 28.—Bank Clearings, $91,500,000; balances, *4,900.000. TREASI R\ STATEMENT 0■! I'nitt and I‘rcxx WASHINGTON. Mi rch 28 Treasury net balance on Mar I. 26 was $363,416.220.fi"; customs receipts for 'he month to the same date totaled $34,975,118.89: government expenditures on March 26 sere $6,048,583.82 NEW YORK STATEMENT llu T'niti 'I f'rrux NEW YORK. MARCH. 28- Bank clearings. $1,492,000,000, clearing house balance. $233,000,000; federal reserve bank credit balance. $169,000,000.
Investment Trusts
Bid. Ask. *i Pounder* new 24 n 25 Jude Industry Shares 9> 9> gjfrporate Trust Shares S A e 10 Vk Jnvestment Corporation.. 11 va Shares A 21 7 * ... Fix Trust Shares B 19' ... Investments Trust of N Y 11 " B 12'* headers of Industry 11”. 12'• No Am Trust Shares 9’b 10 j d Power Light Sec Trust 61 64 Roy barn & Cos 13 14 Vi Standard Oil Trust Shares... lo 12 S W Straus Inv Dnlts 52 58 Selected Amer Shares 8 S’i Trustee Standard Oil Shares.. 11L 12 V S Elec <fc Pow Shares A ... 41 >, 43 l l U S Elec Lt t Pwr Shares 8.. 12 12‘a Diversified Trust Shares A.... 26 Diversified Trust Shares B 21 3 R 32>i Diversified Trust Shares C . ... SM* 9 5
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In the Stock Market
(By Thompson At McKinnon• NEW YORK, March 28—We must j fall back on fundamentals for an j explanation for the surprising de- | ciine in brokers loans, accumulation of securities by the large and small investors for cash. While it has been generally realized that the diminishing yields on fixed securities and preferred stocks and the vast sums of money seeking profitable employment, forcing investors more and more into good common stocks, it is doubtful if the extent of this movement was fully appreciated. Additional justification for assuming there is as yet nothing to indicate that influential sources look upon current prices of representative common stocks as other than attractive, probably can be found in the steadily increasing portfolios of many of our most conservative and best managed investment trusts. With the local banks out. of debt to the reserve and with the gen'eral financial conditions so strong, it is hardly likely that the increasing public participation in the securities market calls for any warning from governmental sources. Aside from the excellent credit situation, the most encouraging news coming to attention perhaps is that from automobile centers, indicating an increase in employment. Gains in production of this basic industry should find quick reflection in expanding steel operations and there seem to be sound grounds for anticipating better reports before long from steel centers. Anaconda’s action in maintaining its dividend again stresses the strong financial position of our leading corporations and there appear to be no reason to anticipate reduction in dividends of such units, even though for a few months they may not, in all cases, be fully earned. Other than for moderate reactions from time to time, when for one reason or other the market becomes temporarily over bought we anticipate a continuation of the current upward trend.
Local Wagon Wheal
City grain elevators are paying SI.OO tot No 2 red wheat and 94c for No. 2 hard wheat. Marriage Licenses Claude D. Erp, 31. of 2027 North Capitol. salesman, and Ruth B. Goodman. 21. of 1202 North Pershing, stenographer. Walter R. Beber, 24. of 1334 North Healing. salesman, and Nellie A. Schwimmer, 22. of 422 South Rural. Ira B. Turner. 50, of 244 South Illinois, barber, and Alma L. Campbell, 50. of 617 North East, cashier. John G. Kantzer. 33. of 2118 North Alabama druggist, and Susamie E. Strieblen. 25. of 614 Weghorst. Jerrv E. Solomon. 32, of Zionsville. farmer, and Bessie E. Shaw, 29, of R. R. 17, Box 406. Theodore K. Ellis. 22. of 401 South Gray, baker, and Agnes G. Logan. 18, of 3145 East Washington. Stanley Parker, 24. of 338 North Illinois, machinist, and Inez Smith. 22, of 1425 Prospect. Clan nee McKinnon. 24. of 2211 North Meridian, tailor, and Elizabeth Stuckey, 23, of 2216 North Meridian, clerk. Deaths James M. McKee, 43. Long hospital appendicitis. William A. Miller, 70, city hospital, cerebral hemorrhage Vera Marian Doebber, 34, Methodist hospital. general peritonitis. Maggie Poland Rutledge. 57, 3260 West Washington, cardio renal disease. Elva A. Draher, 42, city hospital, tuberculosis peritonitis. Mary Sima Wright. 88. 25 East Thirtysixth, chronic myocarditis. Blanch Maple, 31, Methodist hospital, salpingitis. F Joseph Schaeier. 68. 5805 Lowell, cerebral hemorrhage. Edward Blum. 41, Central Indiana hospital, general paralysis. George B. Ross. 72, St. Vincent's hospital. broncho pneumonia. Mary M. Vedder, 37, 1627 North Tacoma, carcinoma. Marvin Edmunds, 14. city hospital, accidental. Anthony H. Uphaus. 56, 2233 Station. myocarditis. Henry A. Worley, 72. Fall Creek, drowning. Anna Richardson. 66, 1121 St. Peter, chronic myocarditis. Births Girls James and Lucille Boltlnghouse, 317 South Warman. Charles and Alice Alexander. Methodist hospital. Leebert and Maxine Riegel, Methodist hospital. Rex and Mabel Holdeman, Methodist hospital. Harold and Dorothy Fryar, 2026 College. Herman and Cleste Bickens, 825 South Pershing. Raymond and Viola Dyer. 553 Birch. Bovs Orane and Frances Postiewalt. Methodist hospital. Herman and Thelma Klein, Methodist hospital. Rov and Jean Deupree. Methodist hospital. Paul and Viola Greene. Methodist hospital. Carl and Maurine York, Methodist hospital. Fred and Margaret Hensel. citv hospital.
GRAIN FUTURES MOVE UPWARD ON BULL NEWS Better Demand Is Strong Factor in Holding Price Levels. flu I nit id Press CHICAGO. March 28—Wheat opened fractionally higher on the Board of Trade today with scattered buying and light offerings. Liverpool was lewer but had a strong undertone being sustained by an indisposition to sell and a slightly better demand. Buenos Aires opened steady and before noon had risen only to fall to % cent lower. The hard freeze forecast for Kansas last night failed to materialize, though the weather was below freezing. Corn was fractionally higher and oats was uneven. At the opening wheat was unchanged to % cent higher, corn was % to % cent higher and oats was % cent lower to % cent higher. Provisions were steady. While Liverpool opened lower this morning it was not as low as expected and remained fairly steady at ■\ to 1 cept lower most of the day. There has been a change in the character of the news of the winter wheat in the southwest in the last few days, both official and private reports indicating a lack of moisture in parts of Kansas and Oklahoma and heavier abandonment of acreage than had been looked for. This is the sustaining influence in a market overweighted by supplies of wheat of last year’s crop which has caused a trading attitude on the part of the trade. Corn had a weak turn late Thursday on profit-taking on the week’s continued advance. Some of the decline was due to selling in spreading operations. The weather is much improved, but receipts are not expected to pick up much before next week. Locals swung to the selling side of oats during the latter part of the session Thursday. Cash houses are taking some May oats in order to get grain for cash sales.
Chicago Grain Table —March 28WHEAT— prev. High. Low. 12:00. Close. Mav 1.10 1.08% 1.09% 1.08% July 1.07 V, 1.06% 1.06% 1.05% Sept 1.09% 1.08 % 1.08% 1.07% CORN— May 84% .83% .83% .83% July 85% .85 .85% 84% Sept 36 85% .85% .85% OATS— May 44 .43% .43% .43% July 43% 43% .43% .43Vi Sept .42% .42% .42% .42% RYE— May 62% .62% .62% .62Vi Julv 67% .67% .67% 67% Sept. 71 3 4 .71% .71% .71% LARD— Mar 10 30 10.17 Mav 10.52 10.27 July 10.72 10.52 Sept 10.72 Rv Times S'rxrial CHICAGO. March 28.—Car lots; Wheat, 7: corn. 95: oats. 28: rye. 0. and barley. 5.
Cash Hay
Indianapolis hay prices, f. o. b. country points with freight rate to Cincinnati or Louisville. 23Vi> cents or less; No. 1 timothy. $12.50; No. 2, $11.50; No. 2. $10; No. 1 light clover mixed. $11.50: No. 1 clover mixed. $11.50; No. 1 clover. $10.60. ENTERS PRIMARY RACE James H. Drill G. O. P. Candidate for State Legislature. Candidacy for the Republican nomination for state representative from Marion county was announced today by James H. Drill, veteran railroad worker, and resident of Indianapolis fifteen years. He claims support of 5,000 members of the Brotherhood of Railway Trainmen and Indorsement by other labor unions. Double Giblets Here PORTERSVILLE. Cal., March 28. When L. C. Wills. 316 South Hockett street, killed and dressed a plump young Rhode Island Red rooster, he found the bird had two gizzards .
THE INDIANAPOLIS TIMES
New York Stocks ■— Thomson & McKinnon;—”
—March 28— Railroads— Prev High. Low. 12 00. Close. Atchison 238*4 238 238 234% Bait & Ohio ...120% 120 120 120% Canadian Pac 213 Cher a & Ohio 234 Chesa Corp .... 76% 75% 75% 67% Chi & N West.. 87% 86% 86% 86% Chi Grt West... 14% 14% 14% 14% CRISP 123 Dei At Hudson 176 Del At Lacka 144 Erie 59% 59 59% 58% Grt Nor 100 % Gulf Mob At Oil 42 42 111 Central 129% 129% 129% 129='. Lehigh Valiev.. ... ... ... 79% Kan City South 80% 80 Lou At iJash 79% 137 Mo Pac 93% M K & T 61% 60’% 61% 60% Mo Pac pfd 140 139 N Y Central 187% 187 187% 188 NY NH At H ...124% 124’* 124% 124% Nor Pacific ... ... 93 Norfolk At West ... 258 O At W 14% Pennsylvania .. 84% 84 84 83% Reading ... ... ‘ 124 Southern Rv 129% 127% Southern Pac ... 124 120% St Paul 24% 24 24 23% St Paul pfd 41 40% St L At S W 68 T a St L At S F... .117% 117% 117% IW% Union Pacific .238% 237 237 22 1 West Maryland. 32% 31% 32% 30% Wabash ~ ... 59 59
Rubbers— Ajax 2% ■ 2 Goodrich 55% 55% 55% 54% Goodyear 93% 32% 93% 92% Kelly-Spgfld 5 Lee ... . 9% United States .. 30% 29’4 30% 29% Equipments— Am Car At Fdy ... 68% Am Locomotive 80 90 Am Steel Fd 49 49 Am Air Brake Sh .. ... 52% Man Elec Sup.. .. ... 36% 36% Gen Elec (new;.. 82% 81 82 80% Gen Ry Signal.. 106’ 104% 105% 104 Gen Am Tank.. 105% 105 105% 105% N Y Air Brake 45 Pressed Stl Car . .. 13*4 13% Pullman 82’% 82 82% 32% Westingh Air B 49% 48% 48% 48% Westingh Elec .184% 183% 184% 183% Steels— Am Roll Mills.. 92% 91% 91% 91% Bethlehem 106% 105% 106% 105% Colorado Fuel.. 66 65 Vi 66 64% Crucible ... . . 89% Gulf States Stl 73% Inland Steel ... ... , 92% Otis . . 35% 35 Rep Iron At Stl.. 77 76% 76% 76% Ludluni 11 40% 40% 40 Newton ... 55% 55% U S Steel ...-192% 191% 192% 19( % Alloy . 33 % 33 33 31 % Warren Fdy .. 33% 33 33% 32% Youngstwn Stl. .. ... ... 148 Vanadium Corp 118 116% 116 V, 114% Motors— Am Bosch Mag 52% 51 % 52% 51% Briggs 19% 18% 19% 18% Brockway Mot ... ... 18'% Chrysler Corp.. 39% 39% 39% 39 Eaton Axle . .. 35% 34% 35% 34% Graham Paige.. 10% 9% 10 10% Borg Warner . . 50% 49% 50 49 Gabriel Snubbrs .. ... 8% General Motors 50% 49% 50% 49% Elec Stor Bat... 76% 76% 76% ... Hudson 56% 56% 56% 56% Haves Body Corp 14% 14% 14% 14 Hupp 23 % 23 33 22% Auburn 255 252 253% 248 Mack Trucks .. 88% 88 88% 87 Marmon 29% 28% 29% 27% Reo 14% 14 Gardner ... 5% 5% Motor Wheel .. ... ... 39% Nash 47% 47% 47% 47% Packard 23% 23 23 % 23 Peerless ... 9% 9% Pierce Arrow 25% Studebaker Cos.. 41% 41 41 41% Stew Warner .. 414, 40% 41% 41% Timken Bear... 84% 83% 83% 83 WUlvs-Overland 9% 8% Yellow Coach. . 26% 25% 26% 25% White Motor 38 Mining— Am Smelt & Rig 77 76% 77 , 76% Am Metals .... 49 48% 484, 48% Am Zinc 14% 14% 14% 14% Anaconda Cop.. 78% 774, 77% 77% Calumet At Arlz .. .. 85% 84 Calumet At Hecia .. . . 29% 29 Cerro de Pasco 63% 62% 62% 63% Dome Mines ...... ... . 9 Andes 35% 35% 35% 35% Granby Corp ~ .. ... ... 58 Gt Nor Ore .... 24 23% 23% 23% Inspiration Cop. 29% 29% 39% 29 Howe Sound ... 39% 40% Int Nickel .... 42% 41% 42% 41% ICennecott Cop.. 60% 60 60% 59% Magma Cop 52 % 31% Miami Copper.. .. ... 31% 31 Nev Cons 29% 29% 29% 29% Texas Gul Sul.. 65% €4% 64% 64% St Joe 55% 56% U S Smelt .... .. ... 36 35% Atlantic Rfg.... 48% 47% 48 47% Barnsdall (A) .. 34 32% 33% 32% Freport-Texas... 49% 48% 48% 48% Houston 011 ....108 106% 107% 105% Indp Oil At Gas 27% 27% 27% 27% Indian Refining 25% 24% 24 % 24% Conti Oil 27 26% 26% 27 Mid-Cont Petrol 32 31% 31% 31% Lago Oil At Tr , ... 23% Pan-Am Pet (Bi 48% 48% 48% 55 Phillips Petrol.. 38% 38% 38% 38 Prairie Oil .... 484, 48% 48% 48% Union of Ca 1..., 45% 45% 45% 46% PrAirie Pipe .... 55% 55% 55% 55% Pure Oil 24% 24% 24% 24% Royal Dutch... 52% 52% 52% 52% Richfield 26% 26‘, 26% 26 Shell 23% 23% 23% 23% Simms Petrol.. 33% 33% 33% 34 Sinclair Oil 27% 27% 27% 27% Skelly Oil 35 34% 34% 34% Std Oil Ca 1.... 66 66 66 65% Std Oil N J 74% 73% 73% 73% Std Oil N Y 35% 35% 35% 35% Tidewater ..... 15% 15% 15% 15%, Texas Corp .... 68% 58 58V, 58 Texas C & 0.... 12% 12% 12% 12% Transcontl .... 19% 18% 19 18% Industrials— _ Adv Rumelv .... 21% 20% 20% 20% Allis Chalmers.. 65% 65% 65% 65 Allied Chemical 297 296 296 293'% A M Byers 107% 105 105 103% Armour (A) .. 7 6% 6’% 6% Amer Can 150% 150% 150% 149 V. Alleghaney Corp 33% 33 33% 32% Am Safety Raz.. 63 63 63 Am Ice ... ... 41 Am Woolen ... ... 13% Assd Dry Goods 46% 45% 45% 46% Bon Alum ... ... 58% Coca Cola 175% 1747, 175% 174% Conti Can 69% 69% 69% 69 Certainteed .... 12% 12% 12% 12% Crosley ... •••., 16% Congoleum .... 19% 18% 18% 18% Curtiss W 12% 12% 12% 18% Davidson Cheni 42 42 42 42 Dupont 142% 141% 1417, 140 Vi Famous Players 75% 74% 75% 74% Gen Asphalt .. 69 68% 68% 67 Fox A 34 Vi 31 32% 30 Vi Gold Dust 41% 41 % 41% 41% Glldden 35% 35% 35% 3476 Int Harvester.. 94% 94% 94% 94 Keivinator .... 2276 22 22% 22 Lambert 112% 111% 112 Vi 110 Link Belt 45 Loews 75% 74 75V* 73% May Stores ...., 54J6 Kolster 5% 5% 5% 5% Montgom Ward 337/,8 7 /, 38 % 38% 38 % Natl C R 67 65% 66% 65 Radio Keith .... 35% 34% 35% 34% Owens Bottle 41% Radio Corp .... 48% 477', 48% Real Silk 62% 62Vi 6276 62 Rem Rand .... 42% 42% 427', 41% Sears. Roebuck.. 86% 85% 85% 87% Union Carbide .102% 100 100_ 997, Warner Bros .. 79% 78 78% 77% Un Air Craft.... 85% 84% 84% 83 Univ Pipe 6% 6% 6V, 57, VSCs Ir Pipe. 34% 33% 34% 32% tl S Indus Alco 104 103% 103'', 104 Worthington P. 139 136% 138 134 Woolworth Cos.. 63 62% 63 62% Utilities— Am Tel & Tel. . .252 251% 25174 250% Am Pr & Lt.. .115% 115 115 113% Eng Pub Serv.. 60% 60% 60% 60 Am For Power.. 89% 88% 89% 87% Am Wat Wk5.,113 112 Vi 113 113% Gen Pub Serv.. 48 47% 48 47% Col G & E.... 98% 97% 97% 96% Consol Gas ....124% 123% 123% 122% Elec Pow & Lt.. 89 87% 87% 84% Int T & T 64% 63% 63% 63 Nor Am Cos 124% 123% 12376 122% Pac Light 107'/, 102% 107% 102% Pub Serv N J.,.109% 108% 108% 108 So Cal Edison.. 64% 64% 64% 64 Std Gas & E1...115% 115 115 113% United Corp 42’ 42’. 42% 42 Utilities Power.. 42% 42% 42% 42 United G & Imp 41% 41% 41 % 40% West Union Tel 186% 185", 186 185 ShiDping— Am Itnl Corp. . 50% 49% 50 48% Am Ship At Com 1% 1% 1% 1% Atl Gulf 4 If I 67 Inti Mer M pfd 27 27 27 27 United Fruit .. 90% 89% 89% 90% Foods— Am Sug Rfg... 6876 68% 68% 69 Beechnut Pkg . . . ... 63 California Pkg.. 72% 72% 72% 72% Canada Dry. .. 74% 74% 74% 72% Corn Products .102% 101 101 101 Cont Bak A.... 40 39 39 40 Borden 77% 75% 777, 75 Cuban Am Sug 676 Grand Union ... 18 Grand Union pfd 42% 42% 42% ... Jewel Tea 56% 56% 56% 56% Kraft Cheese.. 48 47% 48 47% Kroger 38% 38% 38% 38% Loose-Wiles .... 66% 66% 66% 65% Natl Biscuit .... 88% 88% 88% 88% Nat! Dairv 50’, 50% 50% 50Vi Purity Bak .... 73% 73 73% 74% Loft 4% 4% 4% 4% Gen Foods 48% 48 48% 48% Stand Brands.. 33% 23% 23% 23% Tobaccos— Am Sumatra... 17% 17% 17% 17% Am Tob L 242% 242% 242% 242% Con Cigars ... 54% 53% 53% 53% General Cigar 59% Lig Ac Mvers ..109% 109% 109% 108% Lorillard 25% 25% 25% 25% R J Reynolds.. 55’, 55% 55% 55 s , Tob Products B 4% 4% 4% 4% United Cigar St 6 Schulte Ret Strs 9 9 9 9 NEW YORK COFFE RANGE —March 27 High. Low. Close January 7.73 7.73 7.73 March 7.70 7 64 7.64 Wav 8.56 8.53 8 53 T uiv 8 25 8 35 8.25 September 8.05 8.00 8.00 December ............ 7.83 7.78 7.78
PORKER MART STRONG TO 15 CENTS HIGHER Cattle and Calves Steady at Recent Advance: Sheep Are Up. Mar. Bulk. Top. Receipts. 21. $10.2541 10.75 510 75 4.500 22. 10.40© 10.90 10.90 2.000 24. 10.30'i 10.80 10.80 4,000 25. 10.20010.70 10 70 4.000 26. 10.454r10.95 11.00 2,500 27. 10.35%10.75 10.85 3,500 28. 10.504! 10.85 11.00 5.000 Hogs turned about this morning at the Union Stockyards, prices coming up strong to 15 cents higher than Thursday's quotations. The market was largely 10 cents higher. The bulk, 150 to 275 pounds, sold for $10.50 to $10,85. Top price was sll. Receipts were 5.000: holdovers, 352. Slaughter classes were steady at the recent advance in the cattle market. Receipts were 500. Vealers held steady at sl4 down. Calf receipts were 650. A strong tone was apparent in sheep with prices strong to 25 cents higher. Top western lambs were $10.50. Receipts were 200. Chicago hog receipts were 20.000. including 6,000 direct. Holdovers were 5.000. The market was steady with Thursday's average. Choice 170 to 200 pound weights sold at $10.40 to $10.45; 220 to 230 pound weights $lO.lO to $10.25; 250 pound weights, $9.85. Cattle receipts were 3,000, sheep, 12,000. / —Hogs— Receipts. 5,000; market, higher. Heavies. 200 lbs. up $10,004! 10.25 250-300 lbs 10.25 5>10.50 Med. wts.. 225-250 lbs 10.60(!t 10.75 220-225 lbs 10.754UC.90 Light wts.. 160-200 ibs 10.854U1.C0 Light Its.. 130-160 lbs 10.254i.10.75 Light wts.. 160-300 lbs 9.25© 10.00 Packing sows 6.25® 9.25 —Cattle— Receipts, 500; market, steady. Beef sters. 1.100-1.500 lbs. good and choice $11.75© 14.50 Common and medium ....... [email protected] Beef steers, 1.100 lbs. down, good and choice 12.00® 14.75 Common and medium [email protected] Heifers. 850 lbs. down, good and choice 11.50® 13.75 Common and medium 7.50(>|11.50 Cows, good and choice B.oo® 9.50 Common an dmeduinx 6.25® 8.00 Lower cutter and cu f ters 4.50® 6.20 Stocker and feeder steers, good and choice ........... 10.00<U 11.50 Common and medium 7.00®10.00 —Vealers— Receipts, 650; market, higher. Medium and choice slo.oo® 14.00 Cull and common [email protected] —Sheep— Receipts. 200; market, higher. Lambs, good and choice $10.004110.50 Common and medium 8.25® 10.00 Ewes, medium to choice 4.25® 5.i5 Cull and common 2.00® 4.20
Other livestock Bv United Press CHICAGO, March 28.—Hogs—Receipts, 20,000; including 6,000 direct; market, steady to 10c lower, mostly steady with Thursday's average; lop, $10.50; bulk, 160230 lb. weights. $1047.10.45; 240-300 lb. weights, $9.50(0 10; choice 360 lb. weights, $9.40; butchers, medium to choice. 250350 ibs.. $9,354/ 10; 200-250 lbs.. $9.6047 10.50; 160-200 lbs., ibs., $9.60(R10.50; packing sows, $8,254;, 9.15: pigs, medium to choice, 90-130 lbs., $9 ©lO. Cattle—Receipts, 3,000; calves, 1,000; meager supply choice steers, steady; lower grades and practically all she stock and light vearlings, weak to 25c lower; top sl4; slaughter classes, steers, good and choice, 1,300-1,500 lbs.. $12.50© 15; 1,1001,300 lbs., $12.25® 15; 950-1,100 lbs., sl2 ©ls; common and medium, 850 lbs. up, $9.25(®12.25; fed yearlings, good and choice. 750-950 Ibs., $12.25@15; heifers, and choice. 850 Ibs. down. $11.50(0.13.75; common and medium, sß® 11.50; Cows, good and choice, $7.50®10; common and medium. [email protected]; low cutter and cutter, $5©6.50; bulls, good and choice beef, 58®9.25; cutter to medium. $6.75®8; vealers, milk fed. good and choice. s9©i 14; medium, sß®9; cull and common, s7@B, stockers and feeders, steers, good and choice, all weights, $10.25® 11.75; common and medium, [email protected]. Sheep —Receipts. 12,000; market, slow; early •sales and bids weak to 25c lower: Indications bulk fat lambs, [email protected]; best handyweights held above $10; choice lightw’eiglits held around $10.40; fat ewes, $6.50 down; feeding and shearing lambs, nominal. Lambs, good and choice, 92 lbs. down, [email protected]; medium, $9.25499.60; cull and common, [email protected]; medium to choice, 92-100 lbs. down, $8.75® 10; ewes, medium to choice, 150 lbs. down, 35© 6.50; cull and common, $2.50© 5.25; feeder lambs, good and choice, $9,[email protected]. Bv United Press CLEVELAND, March 28. Hogs—Receipt*. I, holdovers, 214; steady to 10c or more lower: bulk, 160-210 lbs.. $11: top, $11.10; 220-250 lbs.. [email protected]; few. $10.75; pigs, $10.75; 250-300 lbs.. $10.25: big weights around. [email protected]; rough sows, $6.75; stags. $6.76. Cattle—Receipts, 350; low, unevenly around steady; common to medium steers and heifers around $10.25@ 11. cows and bulls, scorce. Calves—Receipts. 150; active, better grades strong to 50c higher; bulk. sls® 15.50; many inbetweeu, sll @l4; kinds, [email protected] and more over week ago. Sheep-—Receipts, 700; double strictly choice, medium weights wooled lambs, $10.75; steady, plain quality clippers. $9 down; weak to lower, sheep scarce. Bv United Press PITTSBURGH, March 28.—Hogs—Receipts, 2,000; market, weak to 10c lower; 150-200 lbs. about $11.20; 200-220 lbs.. sll® 11.10; 230-270 lbs.. $10.50 ©110.75; 100-120 lbs., around $10.75; sows, $8.75@9. Cattle —Receipts. 25: market, unchanged. Calves —Receipts, none; market, steady; good and choice vealers, sl3© 14.50. Sheep—Receipts, none; market, nominal. Bv Times Special LOUISVILLE. March 28. Hogs Receipts, 600; market, steady; 300 lbs. up, $8.90; 225-300 lbs., $9.75. 165-225 Ibs., $10.55; 130-165 lbs., $9.65; 130 lbs. down, $7.75; roughs, $7.20; stags, $6.60. Cattle — Receipts, 100; market, steady; prime heavy steers, [email protected]; heavy shipping steers. $10(o 11; medium and plain steers, $8.504r 10; fat heifers. sß©l2; good to choice cows, $6.50©8.50; medium to good cows, $6©6.50: cutters. $5©5.50, canners, $3.504r 4.75: bulls, [email protected]; feeders, sß©. 10.75; stockers. $7.50@i1; calf receipts, 200; market, steady; tops, $11.50; good to choice, slo© 11.50; medium to good, *7@9; outs, $6 down. Sheep—Receipts, 50; market, lambs, 50c lower; sheep steady; ewes and wethers, 59.50@10; buck lambs, $8.50@9; seconds, s6©7; sheep. $4.50©.5.50. Thursday’s shipments—Cattle, none; calves, none; hogs, 143; sheep, none. Bv United Press CINCINNATI, 0., March 28.—Hogs—Receipts, 4.900; holdovers, 100; steady; bulk good and choice, 160-225 lbs . $10.75; desirable, 230-250 lbs., $10.50; heavier, slow; bulk, 120-150 lbs.. $10.25© 10.50: pigs, 90110 lbs., $9.50(a,10: bulk sows. $8.50: smooth. $8.75. Cattle—Receipts. 225: calves, 300; slaughter steers, heifers and cows, steadv to 25c higher, bulls steady; few plain butcher cattle, S10@12; bulk beef cows, $7.50@9: low cutters and cutters. ss© 6.75; bulk bulls. $7,504/8.50; vealers opened 50c@$l higher; closing slow; top. $14.50; bulk less desirable, $lO @l2. Sheep—Receipts. 100; steady; good and choice shorn lambs up to $9.75; common and medium, $7®.8.50; choice light ewes, $6. Bv United Press EAST ST. LOUIS, 111., March 28—Hogs —Receipts. 13,000; market, opened steady; bulk. 160-220 lbs.. $10.50© 10.60; sows. sß.oo @8.85. Cattle —Receipts. 1.000: calves. 500: market, vealers. 25@50c lower at sl4® 14.25: other classes steadv. Sheep—Receipts. 1,500; market, run generally through and direct; indications steady. By United Press EAST BUFFALO. March 28.—Hogs—Receipts. 1,100: holdovers. 200: slow 25@ 35c below Thursday's erratic market, weights above 200 lbs. at maximum decline. 132-210 lbs., [email protected]: 220-250 lbs. $10.65©11.10; packing sows, $8.75®, 9.25. Cattle—Receipts. 200: steady: medium heifers. $11; al cutter cows. $3.75® 6.25. Calves—Receipts. 700; vealers active, 50c higher; good to choice, [email protected]; common medium. slo@l3. Sheep—Receipts 3,000; lambs steady; quality and lenient sorts considered: good to choice woolskins 90 lbs. down, $10.35 to mostly $10.50: strictly choice handweight quoted above, $10.75. By United Press TOLEDO. 0.. March 28— Hogs—Receipts. 390; market, steady, heavies. $9 ■, 9.50; mediums. $10®10.25; vorkers. $lO4. 10 25: pigs *lo© 10.25. Cattle—Receipts. 150; mtrket steed" to 25c hlEher. Canes —Receipts, light; market, steady. Sheep —Recants, light; market, steady.
Business and Finance
Rv United Press NEW YORK, March 28.—Northern Pacific Railway Company late Monday declared the regular quarterly dividend of $1.25, payable May 1, to stockholders of record April 10. By United Press WASHINGTON. March 28. Loans on stocks and bonds by brokers and dealers made by reporting member banks of the New York federal reserve district during the week ended March 26, decreased $21,000,000 to $3,820,000,000, compared with $3,841,000,000 last week and $5,649,000,000 on March 27, 1929. Raymond Concrete Pile Company's annual report for 1920 shows the most profitable operations in the company's history. The statement shows net earnings amounting to $1,682,812. after dept eolation, feaeral income tax, and a further SIOO 000 for contingencies, against $1,576,983 reported for 1928. After deduction of preferred and common dividends totaling $769,047, there was carried to surplus $913,765. Net earnings as above, were equal to over fifteen times present preferred dividend requirements, and $7.59 per share on the 221.466 common shores outstanding against $7.12 a share in 1928. One of the most Important publishing company bond issues of recent months is being offered in the S.S.ftiMl.iMW Chicago Herald and Examiner 612% Secured Gold Debentures. These Debentures will mature SIOO,OOO on March 1, 1931, *300,000 each on March 1, 1932 and 1933, and $4,500 000 on March I. 1930. They are offered by Halsey. Stuart A Cos., Inc., at 10J and interest. Corporation Securities Company of Chicago, the investment company organized last fall bv Samuel Insuii and associates, will put its common stock on a dividend basis in June, according to announcement made Thursday. The dividend will be paid on common stock at the rate of 1% per cent, or 3-200 of a share, cn each share of common stock outstanding including that represented by the allotment certificates through which the company did its initial public financing. The dividend will be payable on June 20, 1930, to holders of record June 2. 1930. Officers of the company state that application will be made to list the common stock on the Chicago Stock Exchange. listing of 800.000 outstanding shares of International Carriers. Ltd., on the New York Stock Exchange was approved at a meeting of the board of governors of the exchange. International Carriers is the largest Investment trust in the United States specializing in the investment of railroad securities in both the United States and abroad. The trust is sponsored by Calvin Bullock, investment banker, and its board of directors includes prominent railroad and hanking executives, such as W. B. Besler of the Central of New Jersey. Edward N. Brown of the St. Louis and San Francisco, VV. SV. Colpitts of Coverdale and Colpitts, Alfred Jaretzki and Robert H. Blake. Officials of Super Maid Corporation announced successful adoption of anew manufacturing method which in tests covering a considerable period of time
New York Bank Stocks
—March 28— National Banks Bid. Ask. America 137% 189 Interstate 53% 53% Chat Phenix National.... 137 138% First National 6,040 6.090 Public 143% 145 Manhattan & Cos 150% 151% Trust. Companies Bankers 161 162 Chemical Bank and Trust 87% 88% Corn Exchange 238 239 Manufactures 147 148 Irving 69% 70% New York Trust 302 3°4 Bank of United States... 81% 62% Comercial 570 580 Cent. Hanover 390 393
Produce Markets
Eggs (country run t —Loss off. delivered in Indianapolis, 21c: benery quality. No. 1 24c: No. 2. 21c. „ , . , Poultry (ouylng prices)—Hens, weighing 4%c lbs. or over. 23c; under 4% lbs., 2bc; Leghorn hens. 23c; springers, 4 ibs or over. 21c; under 4% lbs.. 21c; broilers, 1930. 32c; old cocks. 12@15c: duebe. full feathered, fat, whites. 12c; geese, 10c. These prices are for No. 1 top quality, quoted by Kingan <fc Cos. Butter (wholesale)—No. 1, 44@45c, No. 2, 42®'43c. Butterfat —39c. Cheese (wholesale selling price per poundt— American loafs 31c; pimento loaf. 3Sc: Wisconsin firsts. 27c; Longhorns. 34c: New York limberger. 36c. By United Press NEW YORK, March 28 —Flour—Quiet and steady; spring patents, [email protected]. Pork—Quiet; mess, $30.50. Lard—Firm; middle west spot, [email protected]. Tallow — Quiet; special to extra. 6%@6%c. Pota-toes-New steady, old firm; Long Island. $1.504/5.25; southern. s3@lo; Maine, $1.75 @4.75; Bermuda, [email protected]. Sweet potatoes—Firm; southern baskets. [email protected]; southern barrels, $1,504/3.50. Dressed poultry—Firm; turkeys, 27©42c; chlcxens. 18© 34c; fowls. 17© 32c: ducks. Long Island. 20c. Live poultry—lrregular; geese. 13 it' 18c; ducks. 144/ 22c; fowls. 28c; turkeys, 25© 42c: roosters. 17c; chickens. 24@ 35c; capons. 28©i45c; broilers, 30© 42c. Cheese —Quiet; state whole milk, fancy to special, 24® 26c; young America. 22@20c. By United Press CHICAGO. March 28.—Eggs—Market, weak; receipts. 32,218 cases; extra firsts, 24%@25c; ordinaries, 22%©23c; seconds, 22c. Butter —Market, steady; receipts, 10,911 tubs; extras. 38%c; extra, firsts, 37%@37%c; firsts, 34©36c; seconds, 31 @ 32%c; standards, 38%c. Poultry—Market weak; receipts, no cars in. 3 due; fowls, 25c: springers, 30c; Leghorns 25c; ducks, 20© 23c: geese, 15c; turkeys. 25c; roosters, 20c- broilers. 38®40c. Cheese—Twins. 18% 719%c- young Americas, 20c. Potatoes— On track. 326; arrivals, 114; shipments, 843: market barely steady; Wisconsin sacked round whites, $2.35© 2.55 Minnesota sacked round whites, [email protected]; Idaho sacked russets. [email protected]. R CINCINNATI?* 0.. March 28. ButterSteady; creamerv in tub lots according to score, 39©40c; common score discounted, 2© 3c: packing stock No. 1,27 c; No. 2, 22c: No. 3,17 c; butterfat, 36© 39c. Eggs—Steadv: cases included: fresh gathered, 25c; 'firsts, 24'/c; seconds, 22c; nearby ungraded, 24%c; duck eggs. 33c; goose eggs. $1.30. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over. 26c; 4 lbs. and over, 27c; 3 lbs. and over. 27c; Leghorns, 3 lbs. and over, 26c; roosters, 16c; capons, 8 lbs. and over, 35c; under 3 lbs.. 33c; slips, 21c 1930 broilers over 2 lbs., 42c; colored broilers. 1% lbs. and over. 40c; 1 % lbs. and over, 37c; Leghorns and Orpington broilers. 1% lbs. and over. 30c; 1% lbs. and over. 35c; broilers partly feathered, 25@30c; black springers, 30c. Bu United Press „ • _ _ CLEVELAND. March 28.—Butter—Extras 42 %c: extra firsts, 42%c. Eggs—Extras, 26c; firsts, 25c. Poultry—Fowls, 27c: medium. 29c; Leghorn. 25c: heavy springers, 29c; ducks, 254J28c; old cocks, 18c; geese. 15©20c; stags, 23c. Potatoes—Ohio and New York. 53.75© 3.85 per 150-lb. sack; Maine Green Mountain, $4.15 per 150-Ib. sack; Idaho Russet, $4 per 100-lb. sack.
On Commission Row
Emits Apples—Delicious, box extra fancy. $4.35. fancy, $4; Baldwins. [email protected]; Northern Spies, $2 25; Winesap. (2 2.Vu2.5G. Grapefruit—Florida. 554C6.50. Grapes—California Alemerla. *3.75: Emperors. keg. $6. Lemons—California, a crate. ss@6. Limes—Jama/ca. $2.50 a hundred. Oranges—California navals. $5.25@8. Fresh Strawberries—4oc a auart. Vegetables Beans—Florida, $6 a hamper. Beets—Texas. [email protected]. Cabbage—News. 8c pound. Celerv—Florida. $3.25f/3.75 a crate. Cauliflower —California. [email protected] a crate. Cucumbers—Home grown. *4.3595 a crate. Eggplant—*l.7s@2 a dozen. Kale—Spring 90c to *1 a bushel. Lettuce—California Iceberg. *3 [email protected] a crate: home grown leaf, a bushel $1,209 1.35 Onions—lndiana yellow. $2 a 100-lb. bag: white. 52.50 a 50-!b. bag. Parslev—Home grown. 50c do*. Peas—California. 45-lb. crate. [email protected]. Peppers—Florida, a crate. s6@7. Potatoes—Wisconsin. $4@>4.25 a 150-!b. bag: Minesota. $3.10 a 100-lb. bag; Pied River Ohios. 120 lbs„ $3.75; Idaho Russets. $4 a 100-lb. bag. New Potatoes—Florida Cobblers. 53.25 a 50-lb. crate. Sweet Potatoes—Nancy Halls, tl 75 * hamper: Opossum brand. Indiana terseys. *3.25 per bu. Rhubarb—Borne grown hothouse 6-lb. bunch. 75c. Sas Tras—lndiana. 30c a do* Radi ' es—Home grown button. 85c do*. Mustr c—Home grown. 61.50 a bushel. Cucua. jers—Howe grown. 62J5&2.75.
has saved 57 per cent in labor costs. Until recently aluminum castings for the company's cooking ware products have been made in sand molds. The new method employs a permanent metal mold, which not only reduces cost but greatly speeds up production. John L. Gray, vice-president and general manager, announces that the burnt of Shaffer Oil and Refining Company will be changed to Deep Rock Oil Corporation. effective April 1, 1930. The corporation will continue as a unit of the Standard Gas and Electric Company system. ST. ALBANS. Vt„ March 28.—The delivery of I.OOJ specially constructed automobile cars 1* announced by the Central Vermont Railway, a subsidiary of the Canadian National system. This follows upon the placing in service by the same road of ten new freight locomotives that are the largest In New England. Pirnie, Simons Ar Cos., Inc , established in 1886 and the oldest investment banking house in western Massachusetts, has purchased a controlling interest in Evans, Seailes & Cos.. Inc.. 39 South La Salle street. Chicago, lt was announced. The business will be continued under the name of Pirnie. Simons Cos., incorporated under the laws of the state of Illinois.
Indianapolis Stocks
—March 28 Bid ASk Amer Central Life Ins C0..1.00u Beit R H & Yds Cos com 61 63% •Belt RR6c S Yds Cos pref.. 56% 60 Bobbs-Merrill Cos 30 33% •Central Ind Pow Cos pref 90% 95 •Circle Theater Cos common.... 105 •Citizens Gas Cos c0mm0n..... 27 •Citizens Gas Cos pid 96 99% •Commonwealth L Cos pf 7%. 97 Commonwealth L Cos pf 8% . 99 •Hook Drug Cos common new.. 23 26 Ind Hotel Cos Clavpool com 126 Indiana Hotel Cos pref 100 •Indiana Service Corp pref., 82 Indianapolis Gas Cos common 57 62 •Indpls Power &Lt Cos pid. ...105', 106% Indpis Pub We! Loan As com 53 Indp.'s St Rv Cos pfd 30 31% Indianapolis Water Cos pfd... 9S Interstate U S Cos pr 6% L pf 90 93 Interstate P S Cos pr 7% P pf. 103 104 ’Metro Loan Cos 98% Northern Ind Pub s%'i- co pfd 93 94% Northern Ind Pub 6 6 eo old 99 102 Northern Ind Pub 7 , co pfd. 107% •Progress Laundrv Cos common 46 48% E Raub & Sons Fer Cos pfd... 48% 51% Real Silk Hosiery M Inc pfd .97 Shareholders Investors C 0... 24% ... Standard Oil Cos of Ind 56% ... •Terre Haute Trac & L Cos pfd 71 Union Title Cos common .... 42 50 Van Camp Prod Cos Ist pfd. .. 98 Van Camp Prod Cos 2nd old 98 •Ex-Dividend —BO.VDB--R R & Stock Cos 4s. . 90% Central Indiana Gas Cos 55.. 99 Central Ind Power Cos 65..... 99% ... Citizens Gas Cos 5s 102 Citizens Street Railroad 55.... 51% ... Gary St. Rv Ist 5s 65 ... Home T & T of Ft, Wayne 6s. 101% Ind Northern Trac Cos 5s 3 5 Ind Ry & Light Cos 6s 96 Indiana Service Corpn 55.. 87 Indpls Power and Light Cos 5s 99% 101 Indiana Union Trac Cos 5s 5 Indpls Col Sc Cos Trac 6s 96 99 Indianapolis Gas Cos 5s 100 100 Indpls <fe Mart Rapid T C o 5s 20 Indpls No Trac. Cos 5s 10 13% Indpls North Western Cos 55.. 21 Indpls Street Rv 4s 45% 30% Indpls Trac Ter Cos 5s 93% 95 Indpls Union Ry 6s 100% ... Indpls Water Cos 5%s 102% Indpls Water Cos 5s 95 ... Indpls Water Cos lien & ref... 93 Indpls Water 4%s 91% ... Indpls Water W Sec Cos 55.... 85 Intersate Pub Serv Cos 6%5...102 ... No Ind Pub Serv Cos 5s 101 Interstate Pub Serv Cos 4%5.. 88% ... No Ind Pub Serv Cos 5s ~100 No Ind Telegraph Cos 8s 97 ... T H Ind & East Trac Cos 5s 65 T H Trac & Light Cos 5s 95 Union Trac of Ind Cos 6s .... 17 33 —Sales— Indpls Gas Cos ss, 2 bonds ~...,100
NAME 12 INSPECTORS New City Aids to Work on Building Campaign. Twelve temporary inspectors were named by the board of works this morning to take up duties at once in the city engineering department inspecting sidewalks, curbs and pavements during the news pring building campaign. The appointments were: Chester Schonacker, 1539 Hamilton avenue; Abe Clapper, 1025 South Senate avenue; Orville Seidensticker, 4534 Washington boulevard; August Fox, 1122 North Oxford street; George Taylor, 1351 Madison avenue; Cleon Day, 1141 Park avenue; Fred Cretors, 2908 Park avenue; John Corwin, 2604 Ashland avenue; Frank Coolman, 1340 Montcalm street; Henry J. Borger, 1521 Leonard street: Anthony Balls, 436 North Bancroft street, and George Bernloehr, 815 English, avenue. John H. Vogel, 1547 North Oxford street, was named permanent Inspector in the street, lighting department to succeed W. C. Hart.man.
JAILED FOR THEFT Virginian Sent to Prison for K. of C. Robbery. Tried in criminal court today on a charge of second-degree burglar}' in connection with the theft of $307 frbm thee Knights of Columbus Home Association, Thirteenth and Delaware streets, March 24, Michael Walker, 45, of Richmond. Va., was given a three to ten-year state prison sencte by Judge James A. Collins. Walker, the father of one child, whose mother lives at Richmond, pleaded not guilty to the charge. He obtained the money from a cash box at the association offices, it is alleged.
Building Permits William McCov. alterations, 1046 North Elder. SBSO. Charles M. Jackson, additions, 1728 Draper. $775. John Garrett, additions. 1115 North Miley. $996. Robert Porter, reiairs, 2138 Valiev avenue, *536. Bessie Johnson, rt airs. 537 North Douglas, *515. Claud/ Benson, repairs, 1014 Nor’h Traub. S9OO. J. L. Rasln. garage. 750 Luett. $365. T'r.eo Root, repairs. 4240 Rookwood. *4OO. Mrs. R. Zoller. fire loss. 1601 Northwestern. $346.
Will Buy: A Few Well-Seasoned Real Estate Lease Contracts Call Riley 8017
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stack Eiekaaf, Chlrwgn Stock ExehMWf NW York Cttoo Exchaar* Chlcaco Board of Traa New York Cork Ateoctatloc 300 Fletcher American Bank Bldg. Telephone Lincoln 55 l
PAGE 21
UPWARD TREND CITED IN CHAIN STORE FIGURES Income Report Disproves Belief of General Depression. A significant contradiction to the belief that all business has suffered a severe drop since the stock market slump of last fall ts contained In the five months sales figures Just released by the Great Atlantia and Pacific Tea Company. A marked upward trend is noted in the volume of business completed during the last four months of 1929 and January of 1930. These figures are especially significant in that with over 15.000 grocery and meat stores the business covers practically all sections of the country and is not influenced by any one locality or district. Tlie sharp advance in sales since the beginning of October reflected the growing business of established stores, company officials said, rather than an increase in units. The change in number of locations in operation, compared with the previous period, was less than 1 per cent. Sales during the five-month period reached a mv high of $104.270.933 as compard with $91,982.77(1 during the previous similar period. This netted a gain of $12,288,163, or 13.36 per cent
Candidates
Filed at Statehousc Oscar Ratts (Rep 1, Pnoii, Joint senator. Lawrence, Martin and Orange counties. Lloyd C. Brver Drm.l. Columbus, prosecuting attorney. Ninth judicial circuit. Erma H. Ireland (Dem.i, Evansville, Judge First Judicial circuit. Henry L. McAlee ißcp.l. Hartford City, prosecuting attorney, Seventy-first Indicia! district. Roderick S. Munford ißep.% Princeton, representative. Gibson county. George C. Ale iDem,), Vernon, joint representative; Jennings and Decatur counties. Oscar Larphar tDem.l. Evansville, congress. First congressional district. Floyd S. Draper tßep.l, Crown Point, prosecuting attorney, Thirty-first judicial circuit. John W. Guard Rep.i. Logapsport, Joint representative, Cass and Carroll counties. George Scattergood (Rep.). Auburn, representative, De Kalb county. Dan Pyle IDem.). South Bend. Judge, Sixtieth judicial circuit. . J Elmer Peak fDem.i, South Bend, judge. St. Joseph superior court 2. John T. Thompson fßep.l, Rockville, representative Parke county. Herman F. Carter ißep.i, Indianapolis, representative, Marion county. Charles R. Baker (Dem.i. Franklin prosecuting attorney, Tliirtv-seventh Judicial circuit. Charles V. Seiws t ßep.i, Danville, prosecutlng attorney. Fifty-fifth Judicial circuit. In the Air Weather conditions in the air at 9:30 a. m. West wind 11 miles an hour; barometric pressure, 30.03; temperature, 35; ceiling and visibility , unlimited: field soft. .4 Arrivals and Departures Curtiss-Mars Hills Airport—H. L. Mayer, Louisville to Chicago, Challenger Robin; Harrison King, Em-bry-Riddle flying school student of Cincinnati, 0., from Indianapolis to Cincinnati, Monoprep; R. L. Stephens, to Richmond, Davis plane; Eastbound T. A. T. passengers included C. H. Canavel of Coshocton, O. Capitol Airport—C. P. Oleson, former navy flier. Kansas City to Cleveland, Stearman. Chute Jump Arranged Parachute jumps and a “dead stick’’ landing will be made at Hoosier airport Sunday if weather permits, Bob Shank, airport president. announced today. Barney J. Goloski will leap in parachute at 2:30 §nd 5:30 p. m. and the “dead stick" landing will be made, by a p airport staff member at 4 p. m. u ' Political League Names Heads | Alex Gordon and Harry have been named cochairmen of th<*' speakers bureau for the Workmen’ll Nonpartisan Political Action League.’
When You Think of Investments in Terms of Income INVESTIGATE AMERICAN LOAN COMPANY 7% Preferred an/l Common Stock Offered By UMPHREY & HARTZ 317 Hanker* Tru*t Huildiofr IA ncoln 813#
