Indianapolis Times, Volume 42, Number 38, Indianapolis, Marion County, 24 June 1930 — Page 14

PAGE 14

STOCK MARKET TURNS DULL IN NARROW RANGE Majority of Leaders Show Advances Around Noon; Money Easy.

Average Stock Prices

Averse# of thlrtv Industrial* for Monday was 219.58. up *.28. Average of twenty rails was 128 88. up .38. Averse# of twenty utilities was 80.96. up 2.42. Average of fort” bonds was 85.18. off .I*. Itu f sited Press NEW YORK, June 24 —Settling back to a relatively narrow rut, the stock market today turned dull and tickers easily held abreast of trading. Prices opened steady to firm, declined and then rallied. Around noon the majority of leaders showed advance. A few weak spots were noted here and there. American Smelting was the weak spot in the coppers, dropping to 53 Vs. off 2 7 k and anew low for the year. Warner Brothers dropped 37* to 41% in the amusements, and American Telephone was down a point to 207% in the utilities. United States Steel held just under the previous close at 156, while General Electric, Westinghouse Electric and American Can were barely changed from Monday’s last prices. Chemical issues were bid up several points, featured by Columbian Carbon, up 6 at 123, and Air Reduction, up 2% at 123. Oils were about steady. Coppers, aside from Anaconda and American Smelting, held firm. Anaconda sold off in anticipation of a dividend reduction later this week. Call money was easy at the renewal rate of 2% pier cent, some loans being mode at, 2 pier cent in the outside market.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Tuesday, June 24, —$3,131,000; debits, $6,922,000. CHICAGO STATEMENT B’J T'nitrrt Press CHICAGO,' June 24—Bank clearings *115,300,000, balance*. *3.800,000. NEW YORK STATEMENT By United Press NEW YORK, June 24.—Bank clearings, *1.478,000.000; clearing house balance, $185,000,000; federal reserve bank credit balance, $159,000,000. WASHINGTON STATEMENT Bu United Press WASHINGTON. June 24.—The treasury net balance on June 21, was $373,292,342.36; customs receipts for the month to that date totaled *60,808,636.04; government expenditures on June 21, were *6.959,552.58. CLAIM CONFESSION IN CAB DRIVER ROBBERY Cops Assert Guy Dean Admits Theft of Car, Money. Confession he robbed Guy Stout, United Cab Company driver Saturday night, stealing $1.85 and tho cab, was made today by Guy Dean, 23. R. R. 4, Box 367, according to Detectives Ed Glenn and John Maren. Dean had been questioned since he was arrested shortly after the robbery. Detectives said he admitted boarding Stout’s cab and placing a piec# of iron against the driver’s head, taking the money. Police said he confessed striking Stout with the iron and stole the cab at Fifteenth street and Indiana avenue. Court records show Dean was paroled from the state reformatory after serving part or' his term on a sentence of vehicle taking and robbery, police said. He now is charged with vehicle taking and robbery.

Local Wagon Wheat

Citv grain elevators are paying 80c for No. 2 red wheat and 77c for No. 2 hard wheat

R.H. Gibson & Cos. Members atm rax/c. cuc* t * <w cw Sleek Exckenits 320 Circle Tower Indianapolis Tal. lineal a 2341 $1 Broadway NEW YORK 307 Dixie Terminal BUs. Cineimnati

'Jr WILD INfISTMINT CO w I “Leaders of Industry” Shares A Fixed Trust mE. Market Lincoln 8884 I

Interstate Public Service Company Notice of Dividend* The Board of Directors of the Interstate Public Service Company has declared the tegular quarterly div.iend o- one and three-quar-ters per cent (IK%) on the outstanding seven pet cent (7%) Prior Lien Stock of the Company, payable July 15, 1930, to stockholder* of record June 30, 1930. LOIS ALLEN, Secretary.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS Stw York Stork Exchange Chicago Stork Bxchangr Now York Cotton Exchange • Chicago Board of Trm4r New York Curb Association Rooms 200-214 Circle Tower

New York Stocks

-June 24- Prev . Railroads— High. Low. 1130. close Atchison 210 209 309 20 (% Atl Coast Line •- }s®, Balt & Ohio 103% 103 103 103% Chesa it Ohio .176 174% 175 174 Chi Ort West . 9% 9 9 9 Chi N West.... 71% 71 71 7. C R I & }?1 Del it Hudson 13% 19 ij 3 Erie Ist pid 55% Great Northern 79 78 78 79^ Gulf Mob & Oil 31% Illinois Central 116% 118 118 117 Lou Sc Nash ■ • 135 132 M K it T 38% 35% 36% 36 Mo Pacific ;• - Mo Pacific pfd . 131 320 ■ N Y Central 158% 158 158 18% !NY NH it H 104 103% 103% 104 ! Nor Pacific 72 % 72 Norfolk it West 223 Pennsylvania .. 72 71% *8 ,71% Reading 107 Southern Ry ...103 102% 103 103 St Paul 14 13% 14 13% St Paul pfd • 22** St L& 8 P .... 97 -* 97 97% 97 Union Pacific 213 207 ,j Wabash ... 34 34 W Maryland ... 21% 21 21% 21% West Pacific 20 Equipments— Am Car it Fd.v. 44% 43% 43% 45 Am Locomotive , 50% Am Steel Fd 30% 38% Am Air Brake S . . •■ - 42% Oen Am Tank. 88% 8o 86 83 a General Elec ... 69% 67V* 68% 68% Gen Ry Signal 78 <8 Lima Loco 23% Man El Sup N Y Air Brake 39% 39 Press Stl Car.. 7% 7% 7% 7% Pullman 65 65 Westlngh Air B. • 39% 39% Westlngh Elec ..133% 130% 133% 133 Rubbera — Firestone 20% 20 Fisk 2% 2% Goodrich 26% 25% 26% 26 Goodyear 88% £274 62% 62% Kelly Sprgfld 33 Lee Rubber • • , 5 U S Ruboer 23% 21% Motors— ... Auburn 103 100 100 7 9Q Chrysler 25% 25 2a% 26_ Gardner Graham Paige... . ... 5% 6% Hudson* Motors ..' 27% IU 84 5 * Mack ::::::::::: % so% Marmon .. .•• • • *},7 Nash 32 31% 32 31xa Packard 13% 13% 13/ 3 Pierce-Arrow 22 ... Heo 3% Studebiker .... 26% 26% 26*. 26% Yellow Truck 24 22% 24 22,* Motors Access— ~ Bendix Aviation 30% 30 30 * 30 ,* Borg Warner... 26 25.2 25 /2 26 * Briggs 18% 18% 18% 18% Eaton 21% 23 20% 21 El Storage B . “j;'? Haves Body • ■ ® ,® / / a Houda 11% .11 11 11* Sparks W 1% 15% 15% 1® Stewart Warner. 63 62*4 63 62%

Mlninc — Am Smelt 56 55% 55/* 56 Anaconda Cop.. 49 477* *8 > 49 Cal St Ariz ■■ . 92 4 Cerro de Pasco 45 44 t 45 45 Freeport Texas.. 39% 39 39 38 * Granbv Coro ••• f 7 Grea r . Nor Ore If,, Int Nickel .... 24 23, 23 * 24 Inspiration .. ... '* Kennecott Cop.. 38 1 2 387* 38 4 37 * Nev Cons 167* IV* 167s 15 Texas Gul Sul.. 52% 51% 52 51% U S Smelt 187* 187a Oils— __ .. Amerada 23 22 Am Republic ••• *® 4/ 2 Atl Refining.... 35 34% 35 34 * Barnsdall 31 * 21.2 Houston 72% 717* 72 i3 Ind OH ■■■. 20', 20% Indian Refining 117* 10 s * 11 11 * Lazo Oil ........ .. ... ... 24 Mex Seaboard.. 19% 18% 18% 19 Mid Conti 2374 23 V 2 Pan-Amer (Bi.. •• “• Phillips 31 30% 30% 31 Pr Oil it Gas 37% 367* Pure Oil 20% 20 20 74 20 Richfield 16% 15% 15% 15% Royal Dutch 51 50% Shell Un J% Simms Pt ■ , 20 2 20 Sinclair 21% 20% 20% 20% Skelly 28% 28% 28'* 28 Standard of Cal 61 59% 59% a9_2 Standard of N.l 64 63-.* 64 61% Standard of N Y 30% 30% 30% 30-* Texas Cos 50% 50% Union Oil 397a 397* Am^RoU*Mills.. 55 52% 52% 52% Bethlem ■ 79% 78 78 79% Bvers A M 74% 73% 74% 747, Colo Fuel 48% 47 48 46% Cruc Steel 7 3% Ludlum 69 247* Midland 24% 25% Repub ISt S 41 40% 41 3974 U S 5tee1......157% 155% 157 156% Vanadium 79% 76% 79% 78 Youngs S & W 33 Youngst S & T.. .. ... •••

Tobaccos — Am Sumatra .... 9 * 9% a e ... Am Tob (Al 214% Am Tob (Bt 229' 2 224 229% 223% Con Cigars ■ • ... 3°% General Cigar .. 47 46 47 45',a L:g & Myers (Bl 89% 89 89 87% Lorillard 18 17% 18 17V? Phil Morris „ •- ■ ? Revnolds Tob ... 487* 47% 47% 47'/* Tob Pr A ... 10 Tob Pr B 4 United Cig 6% 6% Utilities— _ ~ Adams Exp .... 24% 24% 24% 23% Am For Pwr ... 64% 62% 64% 64 Am Pwr & Li 80'/a 78% AT&T 207% 206% 207% 208% Col Gas & El .. 63 62Vs 63 63 Gen Gas A ... 9% 9% Com & Sou .... 13 s ,s 13% 13% 13% El Pwr & Li.. 66 % 63 66% 65% Inti T & T ... 43% 42% 43 43% Natl Pwr & Li. 36% 35% 36 36% No Amer Cos. 100V 4 98% 99% 100% Pac Gas & El .. 57 56% 56% 56% Pub Serv N J ... 91% 90% 91% 91% So Cal Edison .. 56% 56 56 55 Std G& El .... 89% -88% 89 87% United Corp ... 36 30% 36 31% Ut Pwr &LA .. 32% 31% 32 31% West Union 159% 158 159% ...

On Commission Row

FRUITS Apples—Basket: Winesap. $3.25; Ben Davis. $2. Boxes: Stayman. $3.7504; Winesap. $303.50. Parrels: Ben Davis, 55.50: Winesap. *76 8.50: new Yellow Transparent. *3.500 4.50 a bushel. Apricots—California Royal. $2.7508.25 a 20-pound crate. Melons—Cantaloupes. California, standards. $3.25 a crate: ponies. $2.50 0 2.75: lumbo. *3.50 0 3.75: Honev Dew. $5.50 a crate. Watermelon. 26-pound average. 90c o*l each. Cherries—California. 8-pound box. *3.25; Indiana. 24-auart crate. $4.50. Dewberries—North Carolina. *8 a 32cuart crate. Grapefruit—lmperial Valley. *607.25 a crate. Huckleberries—*7.so a 24-quart crate. Lemons—Fancy California. *7.5008.50 a crate. Limes—Dominican. *2.50 a 100. Peaches—Georgia. $2 a one-half bushel basket: 6-basket crate. *303.50. Oranges—California Valencia. *609 a crate. Pears—Avocado. California. *B@9 a dozen. Pineapples—Cuban. *3.2504 a crate. Plums—California. *202.75 a 24-pound crate. Raspberries—Red. California. *5 a 24-pint crate: black. *3.50. Strawberries—24-auart crate. Marion county. $607: Michigan. $3.75 a 16-quart crate. VEGETABLES Asparagus—Home-grown, long green. 75 090 c a dozen bunches: white. 65c. Beans—Southern stringless. *101.50 a hamper: wax. $1.25 a Climax basket. Betts—Louisiana, new. *1.50 a bushel: home-grown 40c a dozen bunches. Cabbage—Home-grown, new. $4 a barrel. Carrots—Louisiana. *1.75 a bushel: Indiana. 40c a dozen bunches: California. *3.75 a crate. Cauliflower—Homa-grown , *202.50 a bushel. Celery—California. $8.50 a crate of 4s: Florida, washed. *lO2 a bunch. Corn—Roasting ears. Alabama. $2,230 2.50 a 5-dozen crate. Cucumbers—Home-grown, hothouse. 65® 90c a dozen. Kale—Home-grown. 65c a bushel. Lettuce—California. Iceberg: $4 a crate of 4s. ss: extra fancy Marion county leaf. 75c a 15-pound basket. Parsley—Southern. 650 70c a dozen bunches. Peas—Telephone, home-grown. $2.50 a bushel. Peppers—Mississippi. *2.50 a hamper. Pickle—Southern. $2 a hamper. Radishes—Hothouse, button. 40s a dozen bunches: long, red or white. 30c. Rhubarb—Home-grown. 65c a dozen. Soinach— Home-grown. 63 a bushel. Tomatoes—Texas. 30-oound lug. $2.25: Marion county hothouse. $1.50 a 10-pound basket. Turnips—New. *2.50 a bushel: Marios countv. 45c a dozen Dunches. Potatoes —Maine Round Whites. $5 a 150Dound bag; Colorado Russet. $4.7505.25 s 100-pound bag—Red River Early Ohio. *4 a 120-pound bag: Southern Triumph. $3 50 a 100-pound bag: new Cobblers. *5.85 a barrel:- Sweet, Tennessee. Nancy Hall. *2 50- Louisiana Golden Glow. >2.75.

■(By Thomson it McKinnon)"

Shipping— Am Inti Corp.. 32% 31% 81% 31 United Fruit 88 Food*— Am Bug 50% 49 49 50% Armour A 4% 47* Food.— Cont Baking A 30 Corn Prod 93% Cuban Am Bug 5% 5% Gen Foods 53% 52% 53% ... Grand Union 11% Hersev 87 88% Jewel Tea 48% 47 Kroger 23% 22% 22% 22% Nat Biscuit 75 73% 73 % 74 Pillsbury 27% Safeway 79% 77 77 79% Std Brands 18** 18% 18% 18% Ward Bkg 7% 7% Drug.— Cos tv Inc ... 17 % 18 % Lambert Cos 80% 80% 80% 80 Lehn it Fmk 23 23 Industrial.— Am Radiator.... 25 24% 24% 25% Bush Terms • 30% Certainteed 5% 5% Gen Asphalt .. ... ... 43% Otis Elev 60 59% 59% 59 Indus Chems— _ Allied Chems ..248 237 4 248 242 Com Solv 22% 22% 22% 22% Union Carb 67% 65 67 66% U 8 Ind Alco 6a% Retail Stores— Assoc Dry Gds 33% Glmbel Bros Ji Kresge S S .. ... 26% 26* Mav D Stores... 45% 45 45 44% Mont Ward 35% 34% 34% 35 * Pennv J C 49% 48% 49% 49 * Bchulte Ret St.. 67a 0% 6% 6% Sears Roe .. ... ••• , ®4/ Woolworth 54% 54 54** 5272 Amusements— v OrfHarwoh i9% -18% 197* 2* m i£ S&JKVu B Loews Inc 67 64 66 65 4 Param Fam 5S. 4 m? Radio Corp 36% 34% 36% 35-a R-TC-O .. . 31 ,/ b 30 30 30 3 /s Schubert ]3% 13 M 134 Warner Bros 44'2 43 437* 41,* Miscellaneous — Alrwav Congoleum •• cS?tis c wrT% ’t % % rSi%®. Sfe 8% 84 % U S Leather A 15 *

Investment Trusts

(By James T. Hamill & Cos.) —June 24 . . . Bid. Ask. Basic Industry Shares 7% 8% Corporate Trust Shares 87s 9% Diversified Trust Shares A.... 21 ... Diversified Trust Shares 8.... 18% l®/'* Diversified Trust Shares C .... 7% 8 Nationwide Securities 8% 87s Fixed Trust Shares A 1874 ... Investment Trust of New York. 9 10 Leaders of Industry 107* 1074 North American Trust Shares. B*4 9% Standard Oil Trust Shares.... 9% 974 8. W. Strauss Inv Units 46 50 Selected Amer Shares 674 7 Trustee Standard Oil Shares B 974 9 7 4 U S Elec it Power Shares A ... 357 4 37% U S Elec & Power Shares 8... 9% 10% In the Air Weather conditions at 9 a. m.: Southwest wind, twelve miles an hour; temperature, 84; barometric pressure, 29.75 at sea level; ceiling, 1,500 feet; visibility, one miles; field, wet. Arrivals and Departures Mars Hill Airport—T. A. T. passengers included J. A, Golford, 211 West Raymond dfceet, Indianapolis to St. Louis; G. M. Lowery, 2855 Washington boulevard, Indianapolis to Columbus, O.; Harry Davis, Columbus, returning to Columbus; Embry-Riddle passenger to Cincinnati were Miss Eloise Proctor and H. J. Cranford, both of Indianapolis, and S. P. Walker, passenger to Chicago. Hoosier Airport—C. L. Wethern, department of commerce inspector. Indianapolis to Louisville, Stinson; M. H. Katzcue, Tulsa, Okla., to Canton, 0., and Mac Roberts, Circleville, 0., to Indianapolis and return. Eagle Rock plane. Capitol Airport—Milo Appleton, Flora, Ind., to Indianapolis, Eagle Rock plane, and Dick Knox, Indianapolis to Toledo, 0., Prest-O-Lite Ryan.

Pass 300th Hour Bu Tin’ex Sneeial CHICAGO, June 24.—Safely past its three hundredth hour of continuous flight, the Hunter family endurance airplane, City of Chicago, rode high over Sky Harbor airport today to escape “bumpy” air caused by the heat wave. The endurance plane completed 303 hours of constant flight at 6:40 a. m. (Indianapolis time) today as the pilots, John and Kenneth Hunter, brothers, signalled “all’s well” to the three other members of the family who are aiding in the attempt to establish a refueling record for sustained flight. > “We're good for five hundred hours longer,” the pilots declared in a message dropped to the field shortly after midnight. “Hard boiled eggs would be fine for breakfast, and chicken for dinner.” England Boosts Planes LONDON, June 24.—An intensive campaign to establish sufficient airdromes to serve every pa# of England by plane is under way here. The movement is supported by the air ministry. At present there are 175 airdromes, sites for six more have been purchased, and it is hoped to make the total number in England eventually reach 237. There are now five municipal airdromes, one having been opened recently at Bristol. The others are at Blackpool, Hull, Nottingham and Manchester. Sites have been purchased by Carlisle, Liverpool, Plymouth, Stoke-on-Trent, Ipswich and Sheffield. Aeronautical experts say the increase in the number of airdromes will act as a powerful stimulus to private flying. New Route for City WASHINGTON, June 24.—America's sky-roads are s nw lengthened by construction of ten new routes, according to information collected by the commerce department aeronautics bureau. In some instances the new airways are nearly completed and virtually all of them will be. fully equipped and ready for use within the year. Following are the routes now under construction: Washington to Cleveland, Brownsville to Houston, Salt Lake City to Great Falls, Portland to Spokane. Norfolk to Washington, Brownsville to Ft. Worth, St. Louis to Indianapolis, Columbus to Philadelphia and Los Angeles to Albuquerque. Return From Texas Three ships belonging to the Indiana national guard observation squadron stationed at Stout field, Mars Hill airport, returned from Randolph field, Texas, Monday, where the army dedicated anew air school over the week-end. Pilots were Major R. F. Taylor. Lieutenant Howard Maxwell and Lieutenant D. D. Watson.

See City by Air Approximately one hundred delegates, attending the state De Molay conclave here, were scheduled to go on sightseeing tours of j the city in Curtiss-jyright planes j at Mars HOI airport this afternoon, j Forty delegate went on short trips •

THE INDIANAPOLIS TIMES

PORKER MARKET DOWN 40 CENTS AT CITYYARDS Irregular to Weaker Trenc Holds Cattle; Sheep Unchanged. June Bulk. Top. Receipts 17. SIO.OO SIO.OO 8.00( 18. 9.90 9.95 5.50( 19. 10.00 10.10 5.001 20. 9.75 9.80 6.50( 21. 9 65 9.65 3.50( 23. 9.50 9.55 9.001 24. 9.10 9.10 S.OOI Porkers dropped sharply this morning at the Union stock yards prices tumbling 40 cents lower foi most classes. The bulk, 160 to 30C pounds, sold for $9.10, this figure representing the early top. Receipts were estimated at 9,000; holdovers were 280. Slaughter classes were irregulai in cattle trade, mostly weak to 2t cents lower. Receipts were 1,000 Vealers sold steady at $lO down Calf receipts were 750. Little change was noted in sheep Better grade lambs brought $lO tc sll for the greater part. Receipts were 1,500. Chicago hog receipts were 30,000 including 6,000 direct. Holdovers were 4,000. A few bids and earlj sales were 10 to 15 cents lower than Monday’s average, around 25 to 4C cents under early Monday. Choice 190 to 220-pound weights brought $9.10 to $9.15; 250 to 250-pound weights, $9. Cattle receipts were 5,000, sheep 7,000.

—Hogs— Receipts. 9,000; market, lower. Heavies, 800 lbs. up $ 8.75® 9.10 250-300 lbs 9.10 Med. wts.. 225-250 lbs 9.10 200-225 lbs 9.10 Light wts.. 160-200 lbs.'. 9.10 130-160 lbs 9.00 90-130 lbs 8.75® 9.00 Packing sows 7.75® 8.50 -CattleReceipts. 1,000; market, steady. Beef steers, 1.100-1,500 lbs., good and choice $ [email protected] Common and medium 6.50@ 9.50 Beef steers, 1.100 lbs. down, good and choice [email protected] Common and medium 6.00® 9.00 Heifers, 850 lbs. down, good and choice 8.00®10.00 Common and medium 5.00® 8.00 Cows, good and choice 6.50@ 7.75 Common and medium 6.75® 8.00 Low cutter and cutter cows.. 2.50® 4.75 Stocker and feeder steers, good and choice 7.50® 9.00 Common and medium 5.50® 7.00 —Vealers— Receipts. 750; market, steady. Medium and choice $ 7.50® 10.00 Cull and common 4.00® 7.50 —Sheep— Receipts, 1,500; market, steady. Lambs, good and choice slo.oo® 11.50 Common and medium [email protected] Cull and common 1.25® 2.75 Ewes, medium to choice .... 2.75® 4.00

Other Livestock By United Press CHICAGO. June 24.—Hogs—Receipts, 30,000, including 8,000 direct: opened, 100 15c lower: later trade, 15@25c off; fairly active to all Interests at the decline; top, $9.15 paid for 170-210-lb. weights: butchers. medium to choice. 250-350 lbs.. $8,500 9.10: 200-250 lbs., $8.8509.15; 160-200 lbs., $8.8509.15: 130-160 lbs., $8.50 0 9.15: packing sows. $7.5008.25; pigs, medium to choice, 90-130 lbs.. $7.750 8.75. Cattle—--1 Receipts, 5,000: calves, 2,500: run small market, a trifle better; strong to 25c higher in instances on fed steers and yearlings; top, $12.10; fat cows still sluggish and slow, mostly $5 0 6.50; only strictly grain feds above $7.50; slaughter classes, steers, good and choice, 1300-1500 lbs.. SIOO 12.50; 1100-1300 lbs., $9,75 0! 12.25; 950-1100 lbs., $9.75012; common and medium, 850 lbs. up. $7010; fed yearlings, good and choice, 750-950 lbs.. $9.75011.75; Heifers, good and choice, 850 lbs. down, $9010.50; common and medium, S6O 6.25; cows, good and choice, $6.750 9; common and medium. $4.50 0 6.75; low cutter, $3.2504.50; bulls, good and choice, beef, $6.4008.25: cutter to medium. $4.50 0 6.40; vealers, milk fed. good and choice, $9.58® 11; medium. $8.50 0 9.50: cull and common, $6 0 8.30: stockers and feeders steers, good and choice, all weight. $9010.50; common and medium, $6.5007.25. Sheep—Receipts, 7,000; choice fat lambs, fully steady; others weak to 25c lower; top westerns, $12.45; best natives, $12.25; bulk around. sl2; sheep generally steady; desirable fat ewes. $2.5003.50; lambs, good and choice. 92 lbs. down, $11.25042.50: medium. S9O; 11.25; cull and common. $709; ewes, medium to choice, 150 lbs. down, $203.75; cull and common, $102.75, By United Press CINCINNATI. June 24.—Hogs—Receipts. 3,800. including 300 direct; held over none; slow, fully 450 50c lower on butchers. 170 lbs. up; pigs and light lights 50®75c lower: sows mostly 25c off; bulk desirable. 170-250 lbs.. S9O 9.25; top. $9.30. on a few loads early: mostly $9.25 on 23P lbs. down: bidding down to $8.50 on 300 lbs. and above; better grade. 120-160 lbs., largely $8.75: sows. $7.50®8; bulk, $7.75. Cattle—Receipts. 350; calves. 500; draggy: very little here: demand very narrow; no steers sold early; few scattered sales of other classes about steady; odd lots of grass heifers. $7®8.50; few cows. ss® 6.50: low cutters and cutter cows. $2.500 4; bulls. [email protected]: best weighty kinds up to $7; light vealers fairly active, steady; others slow; bulk good and choice, S9O 10: common and medium. $608.50. Sheep —Receipts. 800; better grade lambs scarce. 25c higher; lower grades of sheep steady; bulk good and choice lambs. $10.50011.50; common and medium. $708.50: good buck lambs mostly $9: few up to $9.50; inferior lambs around $5: fat ewes, $3.50 down: largely $2,500:3 on good handyweights; culls down to sl. By United Press EAST ST. LOUIS. 111.. June 24.—Hogs— Receipts, 13,000; market, slow; 25 to 35c below Monday's average; bulk, 150-270 lbs.. $8.8509; most sows, $7.7507.85. Cat-tle-Receipts, 3.000. Calves—Receipts. 1.500; market, a few fat steers. $9.50 0 10.10; meduim to good steers, attracting little or no attention; indications steady on mixed yearlings and heifers: other classes steady. Sheep—Receipts, 4,000; tnarket. slow; packers talking weak to 25c lower; generally acting steady on lambs.

By United Press CLEVELAND. June 24—Hogs—Receipts I. holdovers, none; market, 25c to 45c lower: butcher and light hogs showing the most decline: 150 to 210 lbs., $9.50; 220 10 250 lbs., $9.40; 250 to 300 lbs., butchers. $9.30; pigs $9.25; rough sows. $8.25; stags. $6.25. Cattle —Receipts 150; slow and uneven at week’s decline; package medium grade steers. $9.75; common kinds quoted downward to $7: practically at standstill: she stock and bulls steady; she cows. SSO 6.50; few upward to *7; cutter grades. $3®4.50; sausage bulls, $5 to $7. Calves. E 00: good to choice vealers upward to $11.50; a few best sl2; fully steady; others low; medium around *9 to *10.50: grassy and weighty offerings quoted around $6 to 9; draggy. Sheep—Receipts. 500; good to choice lambs fairly broad demand: Quoted fully steady: upward to *l2 or above: yearlings and aged sheep finding narrow outlet; weak. Bn United Press EAST BUFFALO. N. Y.. June 24.—Hogs —Receiots. 800; holdovers. 500: market, slow: 160 lbs. up 25 to 30c lower; light lights and pigs off more: sows. '5 0 40c lower; desirable 160-240 lbs., mostly *9.50; weighty butchers scarce; a load of 247-lb.. *9.75: most pigs and light lights. $9.35 0 9.65: bulk sows. *BO 8.25; a few, *8.35. Cattle—Receipts. 250; very little done on any class; undertone weak to lower: a load of good around 1,150-lb. steers. *9.75. Calves—Receipts. 200; market. steady good to choice vealers. sllO 11. medium and plainer kinds. $8,500 10.50. Sheep—Receipts. 400; market, steady, auality considered; medium lambs $9.50 011.50: common. $7.5008.50; no good to choice offered fat ewes, $2.5003. Bu Times Bnerinl LOUISVILLE. June 24.—Hogs—Receipts. 1.000: market 10@45c lower: 250 lbs. uo. *8.40: 168-250 lbs.. *9: 130-165 lbs.. *8.20; 130 lbs. (down. $6.50. roughs. $6; stags. *5.40. Cattle—Receipts. 100: market steady; orime heavy steers. $9.50010.50: heavy shipping steers. *BO 9.50: medium and plain steers. s7®B: fat heifers. S6O 9.50; good to choice cows. $5,50 0 6 50; medium to good cows. $405.50: cutters. $3.25 04: canners. $203: bulls. $406 feeders. *6.508.50: stockers. *506.50. Calves Receipts. 300: market steady: tops. *7.500 8; good to choice. s6® 7.50; medium to good. $4.5006: outs. $4 down. Sheep—Receipts. 2.500: market, tops 50c higher; others steady; ewe and wether lambs. $11.50; choice nil lambs. *l2: buck iambs. *10.50; seconds. *6.500 7: clipped sheep. *2.50® 3.50. Monday's shipments: Cattle. 196; calves. 646; hogs. 285: sheep. 3.399. By United Press TOLEDO. June 24.—Hogs—Receipts. 300; market. 25c to 40c lower; heavies, $8.50© 8.75: mediums. S9O 9.10: Yorkers. *8.500 9: pigs *8.500 8.75. Cattle—Receipts, light; market, very dull. Calves—Receipts, light; market, alow. Sheep—Receipts, light; market, slow.

By United Press PITTSBURGH. June 24.—Hogs-Receipts, 600; market. 25©50c lower: 150-210 lbs., 59.6569.75: 220-250 lbs.. *9.4009.80; pigs, *909.25; sows, *7.50©8. Ofeitle—None. Calves—Receipts. 50; market.! X and choice vealers *9.sofirll|.iiv..a|ia.t--ceipts: 250: mark Jr -■ 1 lower: bulk fat Jp -!*s^SsS|gpjpi|

Dow-Jones Summary

New England Power Association May profit was $468,833 after interest, sutoldjarv dividends and preferred dividends available for reserves and common c.vidends, against $454,913 in May. 1929. Five months $3.363,800, against $2.923.2,3. American Commonwealths Power Corporation enters agreement with American Utilities and General Corporation for Joint acquisition of Dominion Gas and Electric Company for International Utilities Company. Canadian Fatrbanks-Morse Company. Ltd., declared regular quarterly dividend of $1.50 on prelerred, payable July 15. record June 30. Canadian Car and Foundry Company. Ltd., declared regular quarterly dividend of 43 cents on common, payable Aug. 30. record Aug. 15. Federal reserve board's condition statement as of June 18 shows increases for week of $236,000,000 In loans and Investments: $193,000,000 in government deposits and $46,000,000 in time deposits. Net demand deposits decreased $48,000,000 and borrowings from reserve banks $4,000,000. Department stores of L. Feibleman & Sons in New Orleans and Shreveport, La., affiliated with Sears Roebuck in a merchandise buylnr arrangement entailing no change in management. Syndicate underwriters new issue of 100,000 shares of no-par $6 prefei ence stock of Philadelphia Company and will make pudlic offering shortly. Proceeds to be used for investments in subsidiaries and ior other corporate purposes. Austin Nichols & Cos., Inc., year ended April 30. 1930. net profit $212,302 after taxes and charges, against $137,235 in preceding year. National Metal Exchange approved amendments to by-laws involving new contract for Copper. Basic grade for trading in futures to be rough or blister Copper Assaying 99 per cent or better. Trading to begin July I. American Smelting and Refining Company reduced price of lead 15 points to 5.25 cents a pound. Secretary Mellon will appear before house banking and currency committee Wednesday on hearing of McFadden resolution forbidding purchase of any commercialized German reparation bonds by national and Federal reserve banks—under secretary of state Cotton will follow Mellon. Superheater Corporation declared regular Quarterly dividend of 6278 cents payable July 15. record July 5. Total sugar melt of fifteen United States refiners from Jan. 1 to June 14 was 2,150,090 long tons against 2,370.000 in like period 1929: deliveries 1,935,000 long tons against 2,150,000. LONDON —New York cables opened at 4.8574 against 4.85 29-32. Paris checks 123.67, Amsterdam 12.092. Italy 92.765, Berlin 20.387. Marmon Motor Car reduced prices of Marmon-Roosevelt eight line, ranging from $45 to SIBO. Alliance Realty Company declared regular quarterly dividend of 75 cents on common, payable July 18, record July 5.

Business — and — Finance

The market value of fifty representative stocks on the New York Stock Exchange at the close of the week ended Saturday, June 21, 1930, was $22,859,066,456, a decrease of $2,315,133,007 or approximately 9.20 per cent under the value of $25,174,199,463 at the close of the preceding week, according to a compilation by McClure, Jones & Cos., members of the New York Stock Exchange. This compares with $37,934,914,599, the value of the shares at the close of the corresponding week in 1929. The fifty most active stocks traded, on the Chicago Stock Exchange during the week ended June 21, had a market value of $2,971,905,487 at the close of business Saturday, as compared with $3,271,554,302 at the close of the previous week, according to a compilation by Otis & Cos. This represents a decrease of $299,648,815 or 9.15 per cent. Short-term financing by Tri-Utilities Corporation will consist of anew issue of $5,000,000 one-year 5 per cent gold notes, dated June 15, 1930, which will be offered shortly for public subscription by G. L. Ohrstrom & Cos, Inc. These notes will be the direct obligation of Tri-Utilities Corporation. and, together with the 5 per cent convertible gold debentures, series of 1979. with which they will rank equally, will constitute the only outstanding funded debt of the corporation. Fox Film Corporation officially estimates that total sales of the company during the coming season will run between $45.000.000 and $50,000,000. anew high record for the organization. Os this total, the foreign sales department, which is represented in virtually every country in the world, will contribute very substantially, the company states. Stahl-Meyer Inc., announces the declaration of a regular quarterly dividend of *1.50 per share on its preferred stock, payable July 1, to holders of record. June 20, and the regular quarterly dividend of 30 cents per share on the common stock, payable July 1, to holders of record June 25, 1930. Net earnings of City Ice and Fuel Company and subsidiaries for May. after all charges except federal taxes arid depreciation. were $896,291. This represents an increase of 18 per cent over earnings in Mav. 1929. which were *759,479. Sales for the month showed ar. increase of 9.6 per cent. INSULL INTERESTS EXPAND IN INDIANA Interstate Company Permitted to Absorb Union City Firm. Insull interests continue to expend in Indiana by permission of the public service commission. At a special conference late Monday afternoon the commissioners consented to let the Insull Interstate Public Service Company absorb the Union City Electric Company for $115,000 and issue common stock to the amount of the purchase. The Interstate also was permitted to purchase the municipal electrical distribution plant of Griffin. Indiana Service Corporation, also Insull, was authorized to purchase an electric distributing plant operated at Salamonia by the Union City Company for $20,000. FUNERAL WEDNESDAY FOR FREDERICK RICHT Brunswick - Balke - Collender Firm Manager Found Dead. Funeral services will be held at 2 Wednesday afternoon at the home for Frederick Richt, 81, of 1008 Olney street, Indiana manager of the Brunswick - Balke - Collender Company, who was found dead in bed at his home Monday. The Rev. Frederick R. Daries, pastor of Zion church, will officiate. Burial will be at Crown Hill cemetery. Building Permits R. Gertchen, garage. 1130 Holliday. I *4OO. Two-In-One Bixby Company, reroof. 1437 W. Morris. *489. E. F. Hughey, dweling and garage. 2837 East Riverside. *3.300. E. F. Hughey, dwelling and garage. 1433 j Udell. *3.300. K .F. H-Ughey. dwelling and garage. 1437

WHEAT FUTURES AT LOW LEVELS IN LATETRADES Lack of Support and Bear Pressure Have Effect on All Grains. Bn United Brest CHICAGO, June 24.—Entire lack of support with liquidation on again sent wheat prices to new low levels on the Board of Trade today with July down to 88% cents just before the close. At the inside figures July was 4 cents under the previous close. Stop-loss orders were caught on the way down and each dip set anew mark. Selling was persistent, but not aggressive and locals attempted to start several rallies but failed. Com broke sharply with wheat and oats followed the major grains. At the close wheat was 3% to 3Vs cents lower, corn was 1% to IVi cents lower and oats was !4 to % cent lower. Provisions were firm. Declining steadily from the start, Liverpool closed Vs to % cents lower. There was no sign of export business and during the morning news was very scant with trading rather light. Cash prices were unchanged. Receipts were 18 cars. Corn was easy with wheat, locals continuing to sell despite the fact that receipts here today totaled only 33 cars, the smallest in many weeks. At mid-morning prices were in the minor fractions lower, with July the weakest on further liquidation and with the deferred deliveries rather strong. Cash prices were Vsc higher. There was some selling in oats early by interests who have been on the selling side for the last week or ten days. Commission houses bought on resting orders, but not in sufficient volume to prevent the decline though at mid-morning prices were off only fractionally. Trading was very quiet. Cash prices were unchanged. Receipts were 18 cars. Chicago Grain Table —June 24 WHEAT— Prev. Open. High. Low. Close, close. July.. .91 % .91% .88% .88% .92 Sept.. .94% 95 .91% .91% .95% Dec... .99% 1.00 .9874 .96% 1.00% CORN— July.. .75 74 j .75% .(4% ,i47s .76 Sept.. .74% .74% .73'/* .73% .74% Dec... .69% .70 .68% .6874 .70 OATS— July.. .35% .35% .35% .3572 .357* Sept.. .36% .36% .367* .3674 .367a Dec... .40.40 .39% .3974 .40 RYE— July.. .4274 .46% .447* -4474 .47 Sept.. .51 .51 .487* -4874 .51% Dec.. . .577* .57% .55 .55 .577* LARD— ~, Julv.. 9.32 9.40 9.30 9.40 9.J5 gept.. 9.37 9.52 9.37 9.52 9.45 Dec.'.'. i 9.30 9.30 !. 13.00 13.00 sept:: :::: • 12 - 12 1200 Bu Times fiDecinl CHICAGO. June 24.—Carlots; Wheat, 35; corn. 73; oats. 23; rye. 1. and barley. 2. Bu United Press CHICAGO, June 24.—Cash grain close; Wheat—None. Corn No. 2 mixed, :7c; No. 3 mixed, 7674 c; No. 4 mixed. 76c; No. 1 yellow, 7874 c: No. 2 yellow, 77>/<@7br; No. 3 yellow, 76%@7774c; No. 4 yellov\ 75%c; No. 5 yellow, 7574 c: No. 6 yellow. 7374(8 74c: No. 2 whit. 81®8174c. Oats— No 2 white, 33c: No. 3 white, 3674@ 3 7 74c; No. 4 whH* 3574(8 36c. Rye-None. Barley— 46@5c. Timothy—[email protected]. Clover— $9.50® 17. ___ Bu United Press TOLEDO. 0., June 24.—Grain close: Wheat—No. 2 red. 92@93c. Corn—No. 3 yellow, 80®82c; Oats—No. 2 white, 4274® 4 4 74c. Rye—No. 2,73 c. Barley—No. 2. 60c. Clover—Domestic cash, $12.30; prime choice. $12.80; Oct., $12.90; Dec., $13.10. Alsike—Cash. $11.10; Oct., $11.25. Butter —Fancy creamery, 37® 38c. Eggs—Country run, 20@22c. Hay—Timothy, $1.25 cwt.

AWARDED CITY POST Claude M. Record Named as Grain Branch Head. Appointment of Claude M. Record, grain salesman of the Central States Grain Association, to the managership of anew branch cf the Farmers National Grain Corporation of Chicago, to be established in the Board of Trade building in this city, was announced today.

Produce Markets

Eggs (Country Rum—Loss off deliverd In Indianapolis. 19c: henery auality. No. 1 21c: No. 2. 16c. Poultry (buying prices—Hens, weighing 4% lbs. or over. 17c: under 4% lbs., 17c; Leghorn hens. 14c: springers. 2% lbs. or over 21c; under 2% lbs., 19c: jueghorn springers. 14c; old cocks. 9®loc: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 too auality Quoted bv Kingan & Cos. Butter (wholesale)—No. 1. 35 0 36c: No. 3. 330 34c. Butterfat —32c. Cheese (wholesale selling price per pound)—American loaf. 3ic: pimento loaf. 32c: Wisconsin firsts. 27c; Lognhorns. 34c; New York Llmberger, 36c. Bn United Press CHICAGO. June 24.—Eggs. Market steady receipts, 21®22c; ordinaries, 18%@19c: seconds. 19c. Butter—Market, firm; receipts 18.441 tubs; extras 32%c: extra firsts. 30®31c: firsts 28%®29%c; seconds. 26 0 27%c: standards. 32%e. PoultryMarket steady to firm; receipts. 1 car; fowls. 20 0 21c; springers. 30c; Leghorns, 15c: ducks 14c: geese I2c; turkeys. 18c; roosters. 14c; broilers. 22c. Cheese—Twins. l 16%®17c: Young Americas. 18c. Potatoes —On track 299: arrivals, 148; shipments. 621; marekt. weak; southern sacked bliss triumphs. $2.50®2.75: southern sacked. Irish cobblers, $2.2502.40; North Carolina barrels. Irish cobblers. *4 0 4.25; Virginia barrels. Irish cobblers. *5.

Bu United Press NEW YORK June 24. Flour—Moderately active and unsettled; spring patents, $5.1505.55. Pork—Weaker. Mesa—s3l.so. Lard—Easy. Middle West—Spot. $9,700 9.80. Tallow—Easv; special to extra. 4%0 sc. Potatoes —Steady; Southern. $1,750 4; Maine. 304.10. Sweot Potatoes—Quiet; Jersey basket. 50c to 75c. Dressed Poultry —Quiet and easy: turkeys. 20 0 43c: chickens, 17035 c; fowls. 14 0 24c; ducks. Long Island. 15019 c. Live Poultry—Dull; geese. 110 14c; ducks. 14 0 23c; fowls. 200 25c: turkeys 15@25c: roosters. 15017 c; broilers. 180 40c. Cheese—Quiet: state whole milk, fancy to special 240 26c; Young America. 18%025c. By United Press CINCINNATI. June 24.—Butter—Steady ceramery in tub lots, according to score. 30033 c: common score discounted 20 3c: packing stock No. 1. 25c; No. 2. 16; No. 3, 12c; butterfat, 28®30c. Eggs—Steady, cases included: fresh gathered. 23%c; firsts. 21c: seconds. 19c: nearby ungraded 22%c. Live poultry—Thin and coarse stock sells only at heaw discount: fowls. 5 lbs. and over. 20c: 4 lbs. and over. 19c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over. 15c; roosters. 13c; broilers, colored, over 2 lbs.. 31c: broilers, over 1% lb. 28c; 1% lbs. and over. 25c; Leghorn and Orpington broilers, over 1% lbs.. 22c: l%lbs. and over. 18c; bioilers, partly feathered. -170 20c; black springers. 20c.

New York Bank Stocks

—June 23 Bid Ask America 97 s9 Bank of United States 40 42 Bankers 120 122 Brooklyn Trust 650 675 Central Hanover 318 323 Chase National 123 H 125 Chatham Phoenix Natl 103 106 Chemical 59Vi 81 Citv National 134 135 Com Exchange 164 158 Commercial 400 420 Continental 26 27 Empire 70 72 First National \ 4.550 4J50 Guaranty . 539 804 Irvine i JS. 46 ! 2 JgA Manhattan As Cos. A■ ■ ■ lOl'yflH Manufacturers M.... JMjf W New York Trust 31|tggH

The City in Brief

WEDNESDAY EVENTS Mutual Insurance Association luncheon. Columbia Club. Klwanis Club luncheon, Claypool. Lions Club luncheon. Lincoln. Purdne Alumni Association luncheon. Scverln. mini Club luncheon. Board of Trade. Fire at the Puritan Bed Spring Company, Liberty and East Market streets, Monday night caused slight damage. The loss was not estimated. The fire was caused by spontaneous combustion, officials said. Indiana Bankers Association offices have been moved to 1308 Circle Tower building, according to Miss Forba McDaniels, association secretary. The association formerly occupied offices at the I. O. O. F. building. Malcolm Salmond, 18. of 2306 North Capitol avenue, suffered a slashed artery in his left hand today when a window blew shut during the rain, causing his hand to smash the glass. He was taken to city hospital. George A. Gay and Gustav A. Efroymson, who recently retired from active business here, were guests of honor at a luncheon given by members of the Merchants’ Association in the Indianapolis Athletic Club Monday. Harold E. Wood of Chicago, vicepresident of the Foreman State Corporation, will speak at the Kiwanis Club Wednesday noon at the Claypool. Annual reunion of the Schilling family will be held at Center drive in Garfield park Sunday. A basket dinner will be served. Nine officials of Mexico paid Indianapolis a short visit Monday afternoon while en route to New York for a series of conferences on the Mexican national debt and financial status of the Mexican National railways.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, June 24—With so much attention centered on commodity prices, any indication of a turn for the better will have unusual bearing as an index of a change in general business. For that reason the recoil in wheat prices probably was the dominating factor in reversing the downward trend of security prices, although we can not overlook, the fact that banking support finally made Itself definitely and effectually felt. The order lines of the decline in the stock market alone suggests that sound values rather than heroic measures to stem the tide of liquidation promoted the accumulation of high grade securities in large blocks. We-doubt whether the short interest has been materially reduced in such a short time and this leads us to think that the market’s technical position is still sufficiently strong to warrant the expectation of a continuation of the recovery which got under way Monday. Births Girls Carl and Leona Reddick, 1025 West Twenty-eighth. Walter and Lillian Colbert, 515 Rochester. Gaddis and Clara Berry, city hospital. Fronzo and Minnie Wagner, city hospital. Sam and Ella Durrett, city hospital. John and Ethel Ryan, city hospital. Charles and Leona Keppel. city hospital. William and Viola Bowman, 911 South Chase. Charles and Minni Higginbothann, 924 South West. Earl and Daisy Miller, 845 West Walnut. Joseph and Susie Rose, 3011 East Twenty-second. Edward and Anna Johplin, 321 East Henry. Wallace and Mae Winiger, 308 South Noble. Homer and Vernle Deckard. 926 Union. Fred and Cecil Stelle, St. Vincent's hospital. Louis and Elizabeth Suding, St. Vincent’s hospital. Robert and Josephine Messereau, St. Vincent's hospital. Joseph and Edith Octeau, St. Vincent’s hospital. John and Catherine Marshall. St. Vincent’s hospital. Edward and Lola Huey. St. Vincent's hospital. George and Marila Hoster. Methodist hospital. Harvey and Alta Moore. Methodist hospital. Alexander and Elma McMasters, Methodist hospital. Boys Leonard and Marguerite Northrup, 3033 College. Fred and Hortense Chambers, city hospital. Millard and Elsie Palmer, city hospital. Paul and Edith Cullen, city hospital. Taylor and Noodle Hinds, 132 East McCarty. Frank and Mary Goins. 806 East Bates. John and Sielar Scharbrough, 1022 East Georgia. William and Bessie Johnson, 530 West Sixteenth. Joseph and Florence Ashby. 417 Virginia. Lois and Mary Feeney, St. Vincent's hospital. Robert and Arrie Young. St. Vincent's hospital. Vernard and Mae Dyer. St. Vincent’s hospital. Leonard and Gladys Manuel, 317 East North. , Jay and Marie Winget, Methodist hosJames and Leona White, Methodist hospital. Robert and Catherine Gillispie. Methodist hospital. Vaughn and Ethel Burris, Methodist hospital. Jack and Daisy Strickland, Methodist hospital. Thomas and Ruth Cokeley, Methodist hospital. Gordon and Alice Brenner, Methodist hospital. John and Elizabeth Nutt, Methodist hospital. Norb and Ruth Schaefer, Methodist hospital. Howard and Catherine Campbell, Methodist hospital. Walter and Francis Maytham, Methodist hospital.

Deaths William Welsh. 64, 4308 Winthrop, chronic nephritis. Catherine MeElroy, 7. citv hospital, general peritonitis. Wilson Wickliffe. 39. 645 Indiana, acute dilatation of heart. Rosa Hager. 48. 1402 Charles, mitral insufficiency. Uretta Wiley, 16, 332 Fulton, acute nephritis. James R. Francis. 67. city hospital, chronic myocarditis. William Piercy. 63. city hospital, chronic myoccarditis. Burton W. Daggv. 45. Central Indiana hospital, cerebral hemorrhage. Sherman Hall. 62. 1542 Broadway, pulmonary tuberculosis. Gertrude Stoger. 47. Long hispital. cerebral hemorrhage. Louis Komlanz. 52. 732 North Warman. chronic myocarditis. Dorothy Alton. 23. St. Vincent’s hospital, torlc goiter. Perry Lewis Owens. 43. St. Vincent’s hospital. accidental. Lucille Wells. 38. 1508 Mill, pulmonary tuberculosis. Augusta Miller. 75. 2920 Shelby, acute cardiac dilatation. Ella A. Muse. 52. city hospital, arteriosc!*rosis. Carrie Bell Possell. 53. St. Vincent’s hospital. carcinoma. Ruth Ingold Johnston. 46. 2035 Ashland, chroni clnterstltial nephritis. John S. Miller. 68. 814 East Seventeenth, cerebral hemorrhage. Prank A. Irlck, 45. St. Vincent's hospital, apoednictls. Alta A. Broom. 46. 2934 North Tablott, chronic myocarditis. Verna Nugent. 26. city hospital, accidental. John L Scholl. 70. 1725 Massachusetts, mital insufficiency. Woman Dies at Age of 101 B" r nitrlt 7*r*-*j ST. LOUIS, Mo., June 24.—Funeral services will be held today for Miss Mary Elizabeth Alter, who died at her home here Monday at Fny injuries she received in a till weeks ago. She was born'at

JUNE 24, 19301

INDIANAPOLIS IS TERMINAL POINT OF GASSYSTEM Gigantic Line Will Reach Here From Source in Texas Fields. Missouri-Kansas Pipe Line Company, building one of the greatest natural gas transmission systems in the United States, reaching from the Texas Panhandle to Indianapolis, with an extension southward into Kentucky, is pushing the main line construction on this $40,000,000 project. A dozen additional crews soon will be moving along the route. When completed the line will link all the company’s properties into a single, complete unit, embracing approximately a half million acres of gas land, numerous compressor stations. 2,500 miles of pipe line, and i| a market territory of several million people. Five thousand men. drawing total monthly pay of $650,000, now are • engaged In building the pipe line system. The monthly pay roll is tending extensively to relieve ths unemployment situation in the seven states through which the line passes. Reserves Acquired In addition to these crews, Mis-souri-Kansas Pipe Line Company , has an additional monthly pay roil of $55,000 paid to approximately 600 men engaged in field and office work pertaining directly to the building of the super-system. Engineers retained by MissouriKansas have fifty men engaged in work concerned with the building of the line, whose aggregate pay roll is $20,000 a month. Formal announcement of the 1,250-mile natural gas line was made known by the management five months after negotiations were begun. In the interim vast gas reserves were acquired, markets were contracted and financing successfully arranged. The new line, which is to be largest in the country, will be com- " pleted about Dec. 1, this year, and will have a capacity in excess of 175,000,000 cubic feet of natural gas daily.

Contracts Awarded Three firms have the contracts for construction of the main line from the Texas Panhandle to Indianapolis. These are the Oklahoma Contracting Company of Dallas; the Williams Contracting Company of Tulsa, and Connor Construction Company Kansas City. } It is expected that contracts will be awarded some time soon for the extension from the main line at a point north of Terre Haute, Ind., south 177 miles on a direct line to Madisonville, Ky. The division will comprise 133 miles of 12-inch pipe to a point near Evansville on the Ohio river, and forty-four miles of 10-inch pipe on to Madisonville, There it will Join the network of gas lines Mo-Kan is effecting in the western Kentucky counties. Crosses Ten Counties Other extensions approximating 150 miles will be built to cities off the trunk line, making the total of more than 1,250 miles of new pipe line construction scheduled for 1930. This figure is advancing constantly as additional markets are added* and does not include expansion of the Kentucky pipe line system, which now are being built. Indiana counties crossed by the system will include Marion, Parke, Putnam, Hendricks, Vigo, Clay, Sullivan, Knox, Gibson and Vanderburg. Marriage Licenses Paul Mcllvain. 29. of 1253 South East, clerk, and Marie W Weblage. 28. of 705 Orange, bookkeeper. Graham E. Rines. 32. of 1502 North 1111nois. mechanic, and Frances E. McCon-' r nell. 31. of 3104 Central, saleslady. Audrey Bovd. 18. of 815 West Eleventh, bell bov. and Wessie Greenlee. 18. of 731 East Georgia. Henley C. Abeir. 23. of 84 North Rilev, gharmacist. and Marietta York, 13. of 12L erry. inspector. Bascal E. Condra. 22. of 4514 East Eight- ■ eenth. clerk, and Veryl E. Hunter, 18. of 2817 North School. William K. Durell, 23. of Mt. Vernon, farmer, and Louie A. Robbins. 23, of 2523 Bellefontaine. Victor R. Michaelis, 30. of 2161 Onion, machinist, and Elizabeth M. Feitman 22. of 1642 South Talbott, clerk. Albert L. Cox, 63, of Augusta, laborer, and Mary E. Hill. 60. of 1635 North Luett. Carl H. Sturm. 32. of 437 Parkway, clerk, and Margaret F. Dilgcs. 32. of 2322 East Tenth, stenographer. Harold Fowles, 25, of 510 North Beville, clerk, and Florence M. Carmichael. 21. of 510 North Beville. Robert Dunn. 24. of 230 Blake, cook, and Ruobie Clark, 20. of 1525 North Hamilton, clerk. Moses Hill, 30. of 360 West Tenth, contractor. and Ruby Garrett. 24, of 310 Smith. FILE BANKRUPTCY SUITS Three Voluntary Cases Are Taken to Federal Court. Three petitions for voluntary bankruptcy were filed in federal * court Monday. The petitioners are Bernard J. Heath, Muncie contractor, who listed indebtedness of $4,489.78 and assets of $877; Lem C. Kerchcval, Sheridan merchant, who declared indebtedness of $4,872.92 and assets of $39, and Rossgl W. Morris, former Greenfield mer-" chant, who listed indebtedness of j $238,275 and no assets. Petition for involuntary bank- , ruptcy was filed against William H. Dawes of Mooresville and his wife, Nora May Dawes. Mr. and Mrs. Dawes owe in excess of $4,000, it is charged. NEW YORK COFFEE RANGE —June 23 High. Lew. Clore. March 8.95 6 86 6 8S May 9.93 9 80 9 80 July 7.42 7.35 7.38, September 7.31 715 7.2!> December 7.14 7.03 MS Auction PUBLIC AUCTION Unclaimed Freight j Wednesday, June 25,1930 9:30 a. m„ at j Central Transfer and Storage Company, A 118 and 120 S. Alabama Indianapolis, Ind. Lots Open for InspectJM Tuesday, June 24, 2 JACK BERNSTdEI