Indianapolis Times, Volume 42, Number 49, Indianapolis, Marion County, 7 July 1930 — Page 13
STOTT 7, 1930.
SWINE MARKET i MOVES HIGHER AT CITYYARDS Cattle, Calf Prices Steady; Sheep and Lamb Trade Unchanged. Bulk. Top. Receipt* ft. *9 25 19.35 S.OCO M. 9 355840 9.50 3.500 M. 9 4.4 9.40 5.500 Ju’7 1 9.45 9 9 50 9.50 5.400 3. 9 50 9.90 5.500 3. 9 40 9 *5 5.000 7. 9.95 9.90 9.500 Following the three-day holiday, hogs showed decided strength at the city stockyards this morning, prices ranging generally 25 cents higher. The bulk, 160 to 300 pounds, sold for $9 85. top price $9 90. Receipts were estimated at 6,500, holdovers were 121. Slaugh-er classes were slow and about steady in cattle trade. Receipts we;p 700. Vealers sold 50 cents up cr sll down. Calf rece pts were 600. Sheep and lambs were little changed, good and choice lambs making the market at $9 to $lO. Receipts we e 700. Chicago hog receipts were 38,000, Including 12,000 direct. Holdovers were 2,000 The market held around 10 cents higher than Thursday’s average. Choice 160 to 220 pound weights sold for $0 70 to $9 80. CatLa receipts were 24.000; sheep, HOGS Receipt*. market, hither. • Ugh? Lights— IMO-ISOI Good and choice *9.25®9.50 —Light Weights—- • 159-190• Good and choice 9.55 130-200 1 Food and choice 9.95 —Medium Weights—-<2oo-230 Good and choice 9 8589 90 <220-2501 Good and choice . ... 9.8569.30 - Heavy Weigh*s—-<2so-290) Good and choice 9 858 9.90 <290-3501 Good and choice 9.6559.85 Packing Sows—-<27s-5001 Medium and good 7.75 3 8.75 -Slaughter Pigs—--1100-130" Good and choice 8.759900 CATTLE (Slaughter Clael Recrlpts, 70d : market, steady. -Steers — (600-11001 Good and choice *9.75811.75 Common and medium 6.506 9.75 (1100-15001 Good and choice 10.000712.00 Medium ..... 7.25910.00 - Heifers—-(sso-850> Good and choice 9.00311.00 Common and medium 6.003 9.50 —Cows — Good and choice 6.750? 8.00 Common and medium 5.006 6.75 Low cutter and cutters 2.50® 5.00 —Bulls (Yearlings excluded i—--4 Good and choice iberfi 6.253 7.50 Cutter, common and medium 4.009 6.25 —Veeiers (Milk fed) Good and choice 10.004? 11.00 Medium 8.00610.50 Cull and common 5.003 8.00 CALVES Receipts. 6<x>. market, higher. (250-5001 Good and choiee $ 7.504? 9.50 Common and medium . 5.009 7.a0 STOCKER ANTI FFrnER STEERS (500-6001 Good and choice t 7 009 8.50 Common and medium 5.00® 7.00 (800-10501 Good and choice 7.004? 8.50 Common and medium 5.50® 7.u0 SHEEP AND LAMBS Receipts. 200; market, steady. —Lambs— Good and choice * 9n<Jßio.no Cammon and medium 5.003 9.00 Ewes— IMtam and choiee 2 00 ® 3.50 Cull and common 1.003 2.00
Other Livestock gu T’vitrti r>rrt* CHICAGO Julv 7 Hog* -Receipts. 88.h"0. including 12,000 direct: unevenly 10® He up on Poes scaling under 230 lbs : heavier weights strong to 10c up- shipping dernsnd broad: too $lO for around 180 lbs,: light light*. 140-ion lbs., good and choice. $0.80(0 9.85; ItvM" ~>~h's. 180-200 lbs . eood end cho'ce. $9.75*/10: medium weights. 200-250 lbs., eood and choice. $9.600 9 85heavyweights 250-350 lbs., eood and choice. $9 30® 9.70; packing sows. 2750 500 lbs medium and eood. $7.75*/ 8.65: slauehter n'es. 100-130 ihs . eood and choice. $8.75 ® 0 50. Cattle -Receipts. 24.000; calves. 2 000: verv slow market: mostly 25(3 50c ctT: she-stock scarce: cutter cows and bulls, scarce and fullv steadv: veals steadv; st*ers. 800-900 lbs eood and choice. 89.750 12: '>oo-1.100 lbs., eood and ch/vr- $9 750 12: 1.100-1 300 lbs., eocd and Choice. $lO3 12 50- 1.300-1.500 lbs., eood and chn’ce. slo*/ 12.25 800-1.300 lbs., common and medium. $8,254? 10.25: heifers. 550-850 lb*, eood and choice. $9.504110 75: common and medium s6*/9.75: cows eood and choice $7.25*19.25: common and medium *5 0 7 50: low cutter and cutter cows. $3.75*15: bulls (yearling.* excluded!, eood and choice beef. $6 75 0 8 50; cutter to medium $5 50*17: veals imilk fed>. eood and choice. slo*' 12 medium. $9*110: cull and common. $6: steers. 500-1.050 lbs., eood and choice $7 750 8 75; common and meatum. $5 50*17.75 Sheep—Receipt*. 8 000: early sales fat lambs around steadv: bulk sorted natives $10.75*111: holdlr.e best rar.re iambs around $11.25 sheep eenerallv steadv. lambs. 90 lbs. down, eood and choice. $10.25011.25: medium. $8.75*; 10 25: 90-100 lbs., medium to choice. sß*s 8.75ewes. 90-150 lb* , medium to choice. s2*l 3.30. all weights, cull and common. $lO 2 50: feeding ’ambs. 50-75 lbs., eood and choice. $7.25*58. gu r(lot Prj CINCINNATI. Julv 7.—Hoes- Receipts. 8.000: direct. 2.000: held Over none; active mostly 10c higher than Thursday's average on 170 lbs. uo. light llehts and pigs. 25c or more higher sows 25e higher: desirable 170-270 lbs.. $9.75*; 10. mostly $lO on 250 lbs. down: 300-pound butchers ouotable around $9.50. better grade. 120-160 lbs . $9.25 to mostly $9.50. sows sß*s 8.50: bulk. $8 25. Cattle—Receipts. 1.900: calves. 325slow, about steadv with weak undertone on grass steers and heifers, drv feds scarce, part load of around 950-pound fed steers. $10; two loads of lightweight heifers also at this price, common and medium grass steers and heifers. s6® 8: more desirable kinds $8.25*5 9: beef cows. ss*; 6 50: U.w cutters and cutter cows. $2 50*5 450 bulk. s3*so: bulls, mostly $5 50*5 6 50: good and choice vealers steadv at s9*s> 10.50: low grade* and grass calves. s6*B g 50. Sheep—Receipt*. 1.300: better grade lambs active: fullv steadv; lower grades slow, weak tc 50c lower sheep steadv: good and chmce lambs. $lO. to mostly 610.50: common and medium. $555 7. mostly *6 down: inferior lieht kind* downward from $4; fat ewes. $2*53: culls. 1. g,t raffed Pro.* FAST BUFFALO. N. Y.. Julv 7 —Hogs Receipts 4.800; holdovers. 290. market, uneven 240 lbs down Including pies. 10 r, isc up: weightier butchers steadv to 10c off- mostly 240 lbs. down. $lO 35010.40: 250-270 ib* . $10.15*510 25; sew* steady at 88*5 8 35. Cattle--Receipts 1.500; moderately act-ve: genera! market on lost classes ready, strong soots 25c up: two loads ol s?riet!v good white-faced yearlings sll 50: most other steers and year lings. $9 10*5 11. fat heifers. $9*510.50: fat cows, $5 :7: cutter grades. $304.75; medium bulls $5 25■ /6 W--8 ruffed Prc* FAST ST LOUIS. 111. July 7 —Hogs— Receipts. 11.500; market, active 15®20c up sows lA® 15c up; bulk. 150-275 ib.*.. $9 5509 75: top. $9 80. most packing sows. $8 35. Cattle—Receipts. 5.000; calves, 1.500: market, steers slow: desirable light mixed yearlings and heifers, steady: otherwise slow veals. 75c up at ill 50; other classes, steadv Sheep—Receipts. 3.00: market, fat lambs opened steady to 25c up: early top to packers. $11: prospective bulk. $10.501*.75 gu United Pre PITTSBURGH July 7 —Hogs—Receipt*. 2 000. market. 25c up 150-210 lbs.. $lO 30 *t 10 35; 220-250 ’bs SIOO 10 25; 260-300 lbs.. $9 75*t9 90; pigs. $9 50*: 10; sow*. SBO $ 35. Cattle—Receipts. 1 200: market. 250 SOc efl; grain led steers. $9 50010.50; frsssers mostly $809: fst cows. $507; s heifers. sßo9' bulls. $607.50: calves, xeceipts. 1.300; market, steady; top veals. sl2 Sheep—Receipts. 3.650: market. SOc off- fat native 'ambs s9*: 19 50; yearlings. *607; aged wethers. $303.50. Rw raffed Pres* CLEVELAND. July 7.—Hoes—Receipts. 3 400; holdovers, none market, active. 250 35c up; pif*. 50c 160-250 lbs . $lO 250 10. SS: 290-900-lb. butcher*. $lO 15010.23. pigs. $10: packing rows. $8 25; stags. $6 25. Cattle—Receipts. 850. killing classes, fully stesdv; butter action noted in steer grade: common and medium steers. $709: scattered *sles. good grades up to $10.50: beef cows. $4 75*16: all cutters. $2 5004; r-us-age bulls. $506 50; calves, receipts 1 >00; active, steadv *o strong: good and choice veils sl2 500 13: est at sl3 50: weighty calves. $lOOl2 Sheep—Receipts. 2 100: lamb*, steadv. 50c up. good and choice lambs. $lO 500 11; -est iambs. $1150: common and medium offerings. $8010: culls, downward to $6; fat ewes. (2.5003. few up to $3 SO g imr* Special . iSVILLE. Julv 7.—Hogs—Receipts. 1,60) market. 10c higher: 250 lbs. up. $9 a 165-250 Stas.. $9 65: 130-165 lbs.. $8.85 13*' "as. down $7.15: roughs. $8.65: stags. $ Cattle—Receipts. 800: market, su-dv. or me heavy steers. $8.50**9 50' ;-esw shipping steers (7.254*3 50- medium and plain steers. SBO 7.25; Ist heifers. $6 i 9 good to choice cows. $4.500 6.50: medium to good cows. SJ.SO*i 4.50; cutters. S3O 8.50; canne-s S2O 3: bulls. .-40 6.25: feeders. $6 500 5 50; Stockers. $5. Calves—Receipts. 1.000 market. SOc higher: choice $8.50 0$: medium to good. $7.5008 50: common to medium. 85ft T Sheep—Receipts. 1000market, tops SOc higher: ewes and wether tlambs. 89 75: buck lambs. $8 7s: seconds. ■4 506 550 clipped iambs. 83.5063.50. BatErdav and Sunday Shicments—CatUs, 10. fcai.es. SSI; hoes. 13*. tbtop, .
New York Stocks - (By Thomson A McKinnon)
—July 7 Prey. Railroads— Hlfh. Low. llrM, Cloae. Atchison ■ • ■ ?0‘ 'i All Coast Ltn* 14S 1 , 144 145 147 Bait * Ohio .10*% 102 102 102 V, Chess A Ohio.. .. ... 178 (Theta Coro 57 *6s* 56% ... CTil Orv West VVs Chi N West 52** Del L St W 114 Del & Hudson 152 Erie *9 39% Great Northtrn 80 79% Illinois Central. .118'% 115% 118% 116% Lou St Nash 13f' MK AT 35*. 35 35 35% Mo Pacfffc 59% 60% Mo Pacific pfd I*3 N Y Central . . .<59% 156 159 NY NH St H 101 99', 100 101 Nor Pacific 72V* Norfolk it Wert. 220% Pennsylvania ... 73% 73% 73% 74*4 Reading 108 So Pacific 114% 114% Southern Ry ... 93% 91 82% 92% St Paul 14%; 14% St Paul pfd 23 22% 22% 23 a 8* l Sz o P* • 0J *4 Union Pacific"! .209 % 209% 209% 207 Y/a bash 33% W Maryland 24% Equipments— Am Car A Fdy. 53% S3 53 53% Am Locomotive 48 Am Steel Fd * ... 38V, Am Air Brake S 42 Gen Am Tank 82% 83 General Elec ... 66% 85% 65% 67 Lima Loco 23Vs 24 N Y Air Brake . 38% 38% 38% ... Press Stl Car 6% 6% Pullman 65% Westingh Ar B 38% Westingh Elec 133’, 131% 131% 134 Rubbers— Fisk 3% 2% 2% 2% Goodrich 25% 24% 24% 25 Goodyear 57 55% 55% 57 Kelly Sprgfld 3% 3% Lee Rubber 5 5 U 8 Rubber 21 % 21% Motors— Auburn 98 95 95 97 Chrysler 27% 26% 26% 27 Graham Paige 6 6 General Motors . 39% 39 39% 40% Hudson 30% 30 30 % 30 Hupp 13 13% Mack 52% Marmon 10% 10 10 Nash 33% 33 33 33% Packard 13% 12% 13 * 13% Reo ... 9 Studebaker 28 27% 27% 28 Yellow Truck 24% 23% 24% 25 Motor Aceess— Bendix Aviation 29% 30 Borg Warner.... 27% 28% 26% 27 Briggs 16% 18% 16% 17 Eaton 22% 22 22 22% El Storzae B 64 % Haves Body 6% ... Houda ... 10% 11 Sparks-W 19*. 19 19% 19% Stewart Warner 20% 20% Timkln RoU 57% 56 57% 57% Mining— Am Metals ... •••_ 3*% Am Smelt 59% 58’, 58% 59Vs Anaconda Cop ... 49’, 49% 49% 50 Cal A Hecla.... 15% 15 15 15% Cerro de Pasco 51 50’ * Freport Texas.. 40 39% 39% 39% Granbv Corp ... 21% 21% Great Nor Ore 20 20 Howe Sound 27 29% Int Nickel .... 24 23% 23% 24% Inspiration ... 15% Kenneeott Cop.. 38% 38% 38% 38% Magma Cop ... 34 Miami Copper _ 17% Nev Cons 16% 16% 16% 16% Texas Gul Su!.. 52% 52% 52% 52% U 8 Smelt 18 Oils— Amerada ... 23% 28 At! Refining ... 35% 35 35% 35% Barnsdall 22% 22% Houston 73% 71% 71% 73 Ind Oil 21 Indian Refining 11 10% 10% 10% Lago Oil 25 25 Mex Seaboard.. 19% 19 19 19% Mid Conti 24 23% 23% 24% Pan-Amer (Bi 58 Phillips 32 32 Pure Oil 20% 20% 20% 20% Richfield 16 18% Roval Dutch.... 53 52% 53 52% Shell Un 18% 18% Simms Pt 21% Sinclair 22% 21% 21% 22% Skellv 29% Standard of Cal 60% 59% 59% 60% Standard of N J 64% 64% 64% 65 Standard of N Y 31% 31% 31% 32 Texas Cos 51 >, 51 51 51% Union Oil 39% 39% Steels— Am Roll Mills.. 49% 48% 48% 49% Bethlehem 80 78% 79% 79% Bvers AM 72% 71 71 71% Colo Fuel 46% 44% 44% 45% Inland 70 Ludlum 24% 25 Midland 25 Newton ... 36 Renub I& S 41% 41% U S Steel 155% 154% 155 157% Vanadium 80 Tobacco* Am Sumatra 11 Am Tob iB) ...232 230 232 234 Lig & Myers B 90% Lorillard 18 17*. 17% 18% Reynolds Tob... 50% 49% 49% 60% Tobaccos— Tob Pr A 12% Tob Pr B. 4 4 United Cig ... 7% Utilities— Abitibi 35% ... Adams Exp 24 5 ,a 24% 24% 24% Am For Purr.... 63 61% 61% 63Am Pwr & Li 80 80 A T & T 206% 204% 204% 207 Col Gas it E 1... 61% 60% 61 62% Com A Sou '. 13% 13% 13% 14] a El Pwr St Li 65% 65% 85% 67% Gen Gas A 10 10 Inti TAT 43’ 2 42% 47% ... Natl Pwr A Li. .. 37% 37% 37% ... No Amer Cos .. 91% 90% 91 94% Par Gas AEI 55% 55% Pub Scr N J. .. 92 91 91 91% So Cal Edison ~ 57 56 Std G A E 1.... 89% 88% 88% 92 Unltad Corn ... 31% 30% 31% 31% TTt Pwr ALA 32% 32% West Union 161% ... Am Int! Corp. . 31% 311* 31% 32 , Am Shin A Com 1 United Fruit 89 Foods— .... Am Su7 49 ■* Armour A s -2,, Cont Baking A.. ... 24 *4 Com Prod 90' J 90% 90% 92’. Cudahy Pkg 49 % Cuban Am Sug. . .. ... ■■■ Gen Foods .... 53% 53% 53% -4 < Grand Union 15 * ’2.. Hershev fsi/* Towel Tea .. .. *5% So 2 Kroger ...... 26 25% 2V, 25% Nat Biscuit 81% 80 80 81 a Pillsburv .. -ii ••• 54% ftafewav St ... 78 <7 77 79- a Std Brands.... 19% 18% 19 20 Co?™H?T. J 9 "* g r Lambert Cos 84 82 82 82 a Lehn A Fink .. 26 25 25 Industrials— ~,, Am Radiator .. 25% 25% 25% 25 , Bush Term J £ s . Gen Asphalt 49 1? 43 a Lehigh Port •• • Jii 2 %4 Otis Elev 62 61% 61% 63 Indus CbemS— ... Allied Chem ••••252 347 247 -5a Com Snlv 22% 22 22 a -2a Union Carb 66 5 , 65’e 66 a 68, U S Ind Alco 68 % Retail Store*— Assec Drv Gds 35 , ... Gimbel Bros 13 *■* , Kresge S S•• -jj,, jltf Mav D Store ... 41% 41% 41% 42 * Mont Ward .... 34% 34 34% 34% Penny J C 52% 50 SC 52 Sears Roe 64 62% 62% 62, Woolworth 57 >* Amusements— Bruns Belke ... •• ••• J® * } 9 j_ Col Oranh 17 16% 16% 17 Croslev Radio .... ••• ••• *l>* Eastman* Kod . 194 190% 191% 192 Fox Film A 40 a 39% 40% 40% Grigsbv Gru .... 15% !4% 14% 15% Loews Inc 64% 63 63% 65’* Param Fam .... 56 55% 55% 57 Radio Corp 34% 34], 34', 35% R-K-O 38% 37% 38 29% Schubert ••• ••• Warner Bros 41% 40% 40% 41% Mlscellaneoua — Airwsv App 17 City Ice A Fu 99 Coneoleum ••• 12 HV4 Am Can 117% 114% 114% 117% Cont Can 54’, 54% 54 5 , 55 Curtiss Wr 7% 7 7 7% Gillette SR .... 63 5 , 61% 62 63 5 ,
New York Bank Stocks
Bid. Aak. America .. 100 102 Bank of United States 41 Ja 42 Bankers 131’. 132 Vs Brookivn Trust 695 iOS Centra! Hanover 334 337 Chase National 130*'j 133 Chatham Phoenix National. 103 104 Chemical 63 63Ai Cltv National 139 !39*r Corn Exchange 155 158 Commercial 385 400 Continental 26 Empire V* ■ First National 485 4.900 Guaranty 607 612 Irving 47 475* Manhattan <fc Cos 107*4 109 Manufacturers 94 *j 96 New oYrk Trust 231 234 Public 102 104 Chelsea - 33 37
Investment Trusts
tB; James T. Hamill & Cos.) Bid Ask. Basic Industry Shares 7* B** Corporate Trust Shares 7 7s. Diversified Trust Shares A.. 31*. ... Diversified Trust Shares 8.. 18*i 19*4 Diversified Trust Shares C.... 7W 8 Nationwide Securities B‘a 9 Fixed Trust Shares A 18** ... Investment Trust ol New York 9*? 10*4 Leaders ol Industry 19** II North American Trust Shares 7*3 8 Standard Otl Trust Shares... 9* 9 3 S W Strauss Inv Unit* 45 48 Selected Amer Shares 8* 7* Trustee Standard Oil Shares 3 9*2 10 U S Elec 8k Pow Shares A.. 35*. 37* U S Elec & Power Shares 8.. 95* 10*4
Local Wagon Wheat
CUMfrain tiers tors are paying He tor No. TTed wheat and 73 tot No. 1 hard wheat.
GRAIN FUTURES DOWN SHARPLY AT THECLOSE Combination of Depressing Factors Carries Wheat Options Off. B "CHICAGO** July 7.—Wheat closed sharply lower on the Board of Trade today after setting new low prices In September and July under persistent pressure resulting from a combination of depressing factors. Heavier receipts from the southwest over the holidays, reported hedging pressure, weakness at Kansas City on Saturday and a large increase in the visible supply swamping the market with sales. Com showed resistance, but was off fractionally while all oats deliveries were at new lows for the season. At the close wheat was 2% to 2*4 cents lower, com was T 4 to cents lower and oats were 7 4 to 1 cent lower. Provisions were steady to weak. Liverpool remained fairly steady during the latter part of the session, but weakened to close V* to % cent off. There was no export business reported during the morning. Receipts at Kansas City were 1.340 cars and at St. Louis 475 cars today. Cash prices were % to 1 cent lower. Receipts were thirty-seven cars. Corn was off fractionally at midsession. but showed good resistance in the face of the extreme weakness in wheat. Shipments were fair over the week-end while receipts were small for the three-day period. Temperatures are rather high and many sections in the belt need rain. Cash prices were % cent lower. Receipts were 164 cars. Oats eased with the other grains, although the decline was only fractional at mid-morning. There were no indications of a rally. Cash prices were Vz cent lower. Receipts were fifty-one cars.
Chicago Grain Table —July 7 WHEAT— Prev. Open. High. Low. Close, close. Julv. • .89% 89% .87% .87% .90% Sept.. .92% 93% .90% .91% .93% Dec.. .98% .99% .96% .97 .99% CORN— Julv.. .74% .75% .74% .74% .75% Sept.. .73% .74% .72% .73 .74% Dec.. .67% .68 .66% .66% .68'% OATS— July.. .33% .33% .33% .33% .34% Sept.. .35% .35% .34 .35% .36 Dec— .39% .39% 38% .38% .39% RYE— Julv.. .47% .47% .46% .47 48 Sept.. .52 .52 .50% .50% .52 Dec.. .58% .58% 56% .56% .58 LARD— Julv. 9.40 9.40 9.42 Sent. 9.52 9.52 9.47 9.47 9.52 Oct 9.47 9.55 Dec 8.80 8.90 8.80 8.90 910 BELLIES— July. 13.92 13.92 Sept. 12.85 12.70 Bu Timex Bpecinl CHICAGO. Julv 7.—Carlots: Wheat.' 7: corn. 74; oats. 24; barley. 5, and rye. 0. B,u Times Soecinl CHICAGO. July 7—Primary receipts: Wheat. 7.639.000. against 4,492.000; corn. 1.175.000. against 1.220.000: oats. 372.003 against 448.000. Shipments: Wheat. 2.132.000. against 1.319.000: corn, 662,000, oats. 452.000. against 500.000. Bu United Press TOLEDO. Julv 7.—Grain close: WheatNo. 2 red. 30® 91c. Corn—No. 3 yellow, 81%®82%c. Oats—No. 2 white. 40®42c. Rye—No. 2. 75c. Bariev—No. 2. 56c. Clover—Domestic, cash. *13.10; prime choice. *13.40: October. *13.90: December. *14.10. Alsike—Cash. *11.75: October. sl2. Butter—Fancy creamery. 37®38c. Eggs— Country- run, 19821 c. Hav—Timothy. $1.25 cwt. Bu t'nited Press CHICAGO. Julv 7.—Cash grain close: Wheat—No. 2 red. 88%®89c: No. 2 hard. 88'ic: No. 4 hard. 88c. Corn—No. 2 mixed. 77c; No. 3 mixed. 76®76%c; No. 4 mixed. 76c; No. 6 mixed. 70®74c: No. 1 yellow. 77%(f>78%c: No. 2 yellow. 778; 78%c; No. 3 vellow. 76@76%c: No. 4 yellow. 76876%c- No. 5 yellow. 75876 c; No. 6 yellow. 73%8,74c: No. 2 white, 81881%c; No. 3 white, 79% 8 80c: No. 5 white, 78c: sample grade. 66®71%c. Oats—No. 2 white. 35%836%c: No. 3 white. 35835%c; No. 4 white. 33 8 35c: sample grade. 31c. Rye—None. Bariev —46 8 55c. Timothy $6.758 8.25. Clover—slo® 17.50. New York Curb Market —July 7 11:30) 11:30 Am Com Pwr.. 22% Midwest Ut 27% Am Gas & El . .108% Mo Kan Pipe 25Vi Ark Gas 9% National Inv. .. 12 Brazil P St L... 38%iNewmont Min .. 85 Cities Serv 26 Nia Hud Pwr... 16% Cons Oas 110 Noranda 24 Cord 7 Ohio Oil 65 Crocker & Wh. 16% Pern#id 11% Durant Mot .... 2% Prlnce St Whtly. 10% Elec Bond Sh.. 76% Salt Creek 11 Fokker 18%'Sel Indus 6% Ford of Eng ... 15%)Shenandoah .... 9% Fox Theater ... B%'Std of Ind 49% Goldman Sachs 20%i3tutz 2 Gulf Oil 120% Trans-America . 29 Hudson Bay ... B‘/s|Trans Air Trans 6’i Ind Terr A ... 27% Un Gas 14% Insull Ut 56 |Un Lt & Pwr.. 37 Int Pete 18% Ut Pwr 16% Marine Mid .... 30 % [Vacuum Oil 8.!
Produce Markets
Eges (Country Run’—Loss off deliverd In Indianapolis. 17c: henery duality. No. 1 21c: No 2. 16c. Poultry (buvlne prices—Hens, weighing 414 lbs. or over. 17c: under lbs.. 17c: Leghorn hens. 14c: springers. 2*/a lbs. or over 21c: under 2V4 lbs.. 19c: Leghorn springers. 14c: old cocks. 9®loc: ducks, full feathered fat whites. 9c: geese. 6c. These prices are for No. 1 too duality auoted bv Klnean & Cos (wholesale)—No. 1. 35®36c: No. 2 33® 34c. Butteyfe'.-—32c. Cheese (wholesale selling price per pound* —American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 27c: Loenhorns. 34c: New York Limbereer. 36c. Btr T’vitrri Prees NEW YORK. Julv 7.—Flour—Firm, unchanged: spring patents. $5.2005.55. Pork —Dull: mess. $32.50. Lard—Hard: midwest spot. $9.850 9.95. Tallow—Quiet: special to extra, 4 3 ®5c. Potatoes Firm. Lone Island. $4.25; southern. $1,250,4; Maine. $2.850 3.10. Sweet potatoes—Firm; Jersey, baskets. s!®s. Dressed poultry— Firm; turkeys. 20®44c: chiekens, 17®34c: fowls. 14026 c; ducks. Long Island. 13018 c. Live poultry—Steady: geese, 10012 c; ducks. 12®22c: fowls. 21® 25c: turkeys. 15 0 25c: roosters. 15017 c: broilers, 20® 36c. Cheese—Dull: state whole milk, fancy to special. 25626 c; young Americas. 18 '4 ® 25c. CHICAGO. July 7.—Eggs—Market, firm: receipts. 2 davs. 48.321: extra firsts. 21® 21‘;c: firsts. 20’vc: current receipts. 19‘jc: ordinaries. 17010 c: seconds. 16’ 5 c. Butter —Market, steadv: receipts. 2 days, 42,377; evtra. 32*2c: extra firsts. 30*2®31c; firsts. 28 I y®29 l jc: seconds. 265 27*20: standards. 32*2C. Poultry—Market, firm: receipts. 4: fowls. 20c: springers. 26c: Leghorns. 14c; ducks 13c: geese. 16c: turkeys. 18c; roosters. 14c: broilers. 22c. Cheese—Twins. 16*4 017 c: young America's. 17‘4c. Potatoes— On track. 448: arrivals, 224; shipments. 1.168: mtrkft. rather weak: Kansas and Missouri sacked Irish Cobblers. $1.50: Virginia barrels Irish Cobblers. $3.60 03.75. CINCINNATI. July 7.—Butter—Stesdy; creamery in tub lots, according to score. 30®33c: common score discounted. 203 c; parking stock No. 1. 26c: No. 2. 20c: No. 3.15 c: butterfat, 280 30c. Eggs—Firm; cases included: fresh gathered. 22c; firsts, 70c: seconds. 19c: neurby ungraded. 20*2C. Live poultry—thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over. 20c: 4 fbs. and over. 18c: 3 lbs. and over. 18c; leghorns, 3 lbs. and over. 16c; roosters. 13c: colored fryers over 3 lbs.. 34c: broilers, colored, over 3 lbs.. 29c; broilers overs I*2 lb.*.. 26c: 1* lbs. and over. 25c; Leghorn and Orpington broilers. over I*4 lbs.. 22c: 1* lbs. and over, 16c; broilers, partly feathered, 17@20c; black springers, 20c. Chicago Stocks Opening (Bv James T. Hamill & Cos.) —July 7 Open Open Auburn Motors 100 iGen Thea 32’a Bendix Aviation 29*. Grigsby Grunow li 44 Borg Warner .. 27*4 Insull com 56'.. Cent Pub Sec A 29 J < Manhattan Drbn 29’4 Chi Corp com.. 10>a Middlewest Util 27*4 Ch! Com pfd.. 37*-, Mo-Kan Pipe . 36** Cities Service.. 26 1 a U S Radio & T.. 31* Cord Core emuttl 8t Indu pfd 22’* Morrow Campaign Cost $49,571 TRENTON. N. J., July 7.—Ambassador Dwight W. Morrow, Republican nominee for United States senator from New Jersey, today filed In the secretary of state’s office accounts showing expenditures of $49 ,57 1.54 in fife successful primary campaign. _ _
THE INDIANAPOLIS TIMES
Dow-Jones Summary
Commercial Ntlonl Bank *r.<3 Trust Jompany earned *663,000 during tlx month* ended June 30. equtl to 89.47 a shtre on 70 000 shares outstanding, thi* is at annual rate of *18.94 a share * n9 compares with 825.57 earned during year ended Dec 31. Commercial < opened for business on Jan. 9. 1929. Book value Is *339.04 against *225.57 six months ago. Cables and Wireleaa, Ltd., in first report covering twenty-one months ended Dec. 31, show* net profit of *1.827,313 pound* after expenditures, Income taxes, ete.. from which payment of *1,283.053 preferred dividend* on 5% por cent preference stock was made. Leaving balance of 64,280 pounds carried forward. Great Northern Iron Ore properties in year ended Dec. 31. 1929 earned *3.10 a certificate on 1.500.00 certificate* of beneficial interest against *2.42 a certificate in 1938. Southern Pacific Transport Company organized to provide shippers and receivers of freight store door pick-up and delivery of less than carload freight through coordinetlon of motor truck service of transport company with rail transportation. Holly Buear Corp. declared regular quarterly dividend of *1.75 on preferred payable Aug. 1, record July 15. Deposite of Chase National Bank as of June *O. were *2 085,434.000 the first time any bank has passed the *2,000.000,000 mark in deposits. Total resources *2,643.958,000. Simmons Cos. omitted quarterly dividend of 79 cents due at this time. Engineers Public Serviee Cos. and constituent companies in 12 months ended May 31. 19i. earned 52.80 a share on 1.804,339 average common shares outstanding in period against *2.61 a share on 1.215,013 average common shares in preceo'ng year. Capita.’ Administration Cos. in six months ended June 30 earned *l.Ol a share on 143,405 Mass A shares and 26 cents a share or. 240,000 class B shares. Atlanvic Securities Corp. for six months ended June 30. reports profit of $348,568 after general expenses, but before taxes. Senate will convene today in special session to consider London Naval Treaty, but probably will encounter a lack of quorum. Pvrene Manufacturing Company. Inc., declared regular quarterly dividend of 20 cents payable Aug. 1. record July 18. Amsterdam Trading Company declared a dividend of 75 cents payable July 21. to holders of American shaves of record July 15. A year ago a similar dividend was paid. W. T. Grant Company June sales *5,469,105 an increase of *94.934 over June. 1929 Six months *30,012.691 an increase of *3.141.100. . Exchange buffet June sale *506,497 an ncrease of *3,898 over June. 1929. Two months *1.062,215 a decrease of *3,608. United Light and Power in twelve months ended May 31. earned *2.37 a share on 3.451.010 combined A and 8 common shares against *1.76 a share on 38.218.528 combined shares in preceding twelve months. Prairie Pipe Line Company reducing runs oi crude oil and cuts daily average from Oklahoma City fields 25 per cent. Secretary of Treasury Mellon invites tenders for treasury bills of approximately
COLLINS HEARS PLEAS OF 65 Charles Heid Asks Trial by Jury in Murder Case. Sixty-five defendants, held on charges ranging from larceny to murder, were arraigned today before Criminal Judge James A. Collins to enter pleas to charges and to hear their trial dates fixed. Thirty are being held in jail pending trial. With four exceptions, defendants pleaded not guilty to charges as preferred in affidavits and indictments. Arraignment of L. J. Heth. manager of “Goofey the Rat Eater,” featured recently in a carnival in southeast Indianapolis, on a charge of maintaining a public nuisance, was deferred today by Collins until September. Charles Heid. alleged to have slain his wife, Mrs. Inez Heid, May 19, shooting her in the back, pleaded not guilty to a murder charge, requesting trial by jury. Collins did not fix a date. Trial by jury was by Clarence A. Boyd, former radio shop owner, whose wife is serving a two to fourteen-year sentence at the Indiana woman’s prison for forging of sales contracts. Boyd's wife pleaded guilty three months ago to the charge, accepting sentence. Recently she told Circuit Judge Harry O. Chamberlin that she “took the rap” because “my husband asked me to.” She implicated him in the plot.
The City in Brief
Ernest M. Elliott, president, and other officers of the Indianapolis Board of Trade will be installed at the board meeting tonight in the Board of Trade building. Voluntary bankruptcy petition was filed in federal court today by Adolph Anspach, Kokomo merchant, operating the Boston stores at Kokomo and Newcastle. Liabilities were estimated at $121,289 and assets at $97,337. There is no grape in grapefruit; no bread in breadfruit; a pineapple is neither pine nor apple, an alligator pear is not a pear, and a sugar plum is not a plum.
Middle West Utilities Company
Notice of Dividend on Common Stock The Board of Directors of Middle West Utilities Com* pany has declared a quarterly dividend of 2% in Common Stock (being one-fiftietb of a share) on each share of Common Stock outstanding on July 15, 1930, payable August 13, 1930 to Common stock, holders of record on the Company's books at the close of business at 5:00 o'clock P.M. on July 15, 1930. EUSTACE J. KNIGHT. Secretary Notice of Dividend on $6 Convertible Preferred Stock, Series A The Board of Directors of Middle West Utilities Company has declared on each share of its %6 Convertible Preferred Stock, Series A, a quarterly dividend of $1.50 in cash or (ft the election of the holder, filed on or before July 15) of three-eightieths of a share of Common Stock, payable August 15, 1930, to the holders of record on the Company's hooks at the dose of business on July 13, 1930. EUSTACE J. KNIGHT, Secretary
(50 090.600 to be sold on a discount basis to highest bidders Empire Trust Company during *ix months ended June 30. earned *849.008. equal to *2 *8 on the 300.009 shares outstanding. Stock was split to *2O from *IOO par on Jan. 2. last. These earning* are equal to *14.15 on old stock, which earned 512.61 a share during like six months of 1929 and *23.38 a share for entire calendar year 1929. Book value is *52.43 against (255 on *IOO par stock Dec. 31. last year. Sir Arthur Conan Doyle died today at Crowborought Sussex England. Bituminous Coal Production in United Btates In week ended June 28. Ineluding Ligmlte and Coal Coked at mines estimated at 8.005.000 net. tons an increase of 7.000 over preceding week and comparing with 9.800.000 tons In like 1929 week according to United State* Bureau of Mines. LONDON—Rubber stocks on July 5 totaled 80.060 tons Increase of 361 tons over preceding week. W'arren Brothers Company forms Warren Brothers Financial Corporation and Warren Municipal Securities. Inc., former to deal in securities aeauired mainly in conection with parent company's foreign and domestic contracting business, while latter will deal exclusively in domestic tax exempt securities. Irving Fisher's, wholesale price index for week ended July 4. at 85.6 against 85.7 at end of preceding week. St. Louis Southwestern fourth week June gross was *665.900 against *889.878 like period 1929. Month of June *2.116.400 against *2.323.481 and from Jan. 1 to June 30, *11,892.881 against *12,790.584 in the first half last vear. Exports of agricultural implements in first five months amounted to *71,199,136 against $60,027,331 in like 1929 period comerce doßartment reports.
STRESS LAID ON COLLEGEUNITY Disciples of Christ Board Meets Here. Urging co-operation and unity of colleges of Disciples ofChrist church, Dr. John H. Wood, president of the Culver-Stockton college, Canton,Mo., spoke today at the three-day conference of the board of education of the church at the Spink-Arms. “We must be modern and progressive. We can’t go back to the standards of years ago. We must give youth idealism as we place Christian emphasis on all our intitutions,’’ Dr. Wood declared. Other speakers at today’s session were Cloyd Goodnight, president of Bethany college, Bethany, W. Va.; G. S. O. Humbert, promotional secretary of Phillips university, Enid, Okla., and Vaughan Harlan of California Christian college, Los Angeles.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Monday July 7. were $4,053,000; debits. $7,696,000. Clearings Saturday. July 5. were $4,901.000: debits. $9,081,000. Clearings for week ended July 5. $25,119,000: debits, $46,385,000. CHICAGO STATEMENT 8 CHICAGo! rr *.fulv 7.-Bank clearings, $76,300,000; balances. $7,000,000. NEW YORK STATEMENT 8 Julv 7.—Bank clearings. $723,000,000; clearing house balance, $141.000,000; federal reserve bank credit balance. $130,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. July 7.—The treasury announced today that the treasury balance on July 2 was *36.528,491.60; expenditures for the same date were $13,572,570.61. and customs receipts. $1,211,283.93. Births Boys Frank and Patrina Minerdo, 513 Smith Earl and Bethel Nuner, 1659 Park. Myles and Margarette Martin. 1713 Alvord. Carl and Nellie Ritter. 1326 East Tenth William and Edna Shumard, 1235'% Harlapa"ul and Goldie Lockhart. 4913 Pni- ' Earl and Gladys Toliver. 1823 Thalman. Taylor and Adah Johnson. Methodist hosDital. . Kenneth and Katherine Lemons, Methodist hospital. _ , „ . jhllan and Christine Cook. Methodist hospital. . _ , James and Helen Jtogers, 2829 Chester. Clarence and Grace Webb. 2810% North D &rnest l ’an<l Laura Shadday. Methodist h °Herbeft and Florence Lyons. Methodist h °Eddie l 'and Susie Mathews, 141 Toronto. Deaths Mose Ladaskey, 60, 1314 Union, uremia. Elizabeth Sprague. 89, 121 East 51st Ur George W. Davis. 75, 1436 North Olney. chronic myocarditis. .... Thomas Owens, 5. Riley hospital, tetanus. Herman Miller. 18, city hospital, accidental. . ... Walter Miller. 26. city hospital, acCi wmfam T. Bacon. 72. 2917 North New Jersey acute cardiac dilatation. Emma B. Barney. 60. 2416 Central, abdominal tumor. _ „ _ .. Elizabeth Schutte. 79. 110 South Davidson, acute dilatation of heart. Lettie Landrey, 60. city hospital, chronic myocarditis. .. . , Bernard Wenning 83, 2517 Webb, arterio sclerosis. , . „ , Minerva Butler, 51, Coleman hospital, peritonitis. .. Margaret Huffman, 60. 230 North Keystone, angina pectoris. Minnie M. Jackson. 50. 3526 East Vermont. chronic myocarditis. Jane B. Gray. 69. 1915 Yandes, carcinoma. I Robert K. Tomlinson 1 I INVESTMENTS I BX4-15 Continental Bonk Bldg I I Indian*poll*. Lla. MlB I
STOCKS DIP TO NEW LOWS IN QUIETSESSION Rallies Fail to Hold List as Selling Orders Add to Weakness.
Average Stock Prices
Average of thirty Industrial* lor Thursdav was 232.46. off 3.76. Average of twenty rails was 12*.36. off .87. Average of twenty utilities was 80.55. ofl 1.48. Average of forty bonds was 95 21 up .05. Bu United Prtt* NEW YORK, July 7.—Continuation of a last week selling movement brought stocks down 1 to 4 points today. Trading for a time was very active, with blocks ranging to 15,000 shares. Dealings quieted down after the opening, however, and tickers easily kept pace with the dull turnover. Around the end of the second hour a rally was begun, but there was no disposition to follow it up and only a relatively small number of stocks held part of the rise and all of them were still well below the previous close around noon. Call Money Firm Call money was firmer in tone after renewing at 2 per cent, and this had a tendency to slow up trading. United States Steel dipped to 154 off 3% from the previous close. Around noon it was back to 155. During the morning new lows for the year or longer were made by Gillette Safety Razor at 60, off 3%; Du Pont at 98, off 2 1 /*; Air Reduction at 112%, off 3%, and Safeway Stores at 74Vi, off 5%5. Rails Hold Well Other losers included General Electric 65%, off 1 Vi; Radio 33%, off 1%; National Biscuit 79%, off 2; American Can 115%, off 2%; Westinghouse Electric 131%, off 2%; Union Carbide 65%, off 3, and Procter & Gamble 67, off 3. General Motors broke below 39, but came back to 39%, where it was off 1% from the previous close. Coppers, utilities and oils also were lower. Rails held fairly well and a few special issues, including Eastman Kodak, made small gains. Other Livestock July 7.—Cattle—Receipts. 75; calves. 74; hogs, 500. Hog market, 25c higher; 90-120 lbs.. $8 90; 120-140 lbs.. $9.15; 140-160 lbs.. 59.40; 160180 lbs.. *9.65; 180-200 lbs.. $9.75; 200-225 lbs., $9.65; 225-275 lbs.. $9.55; 275-350 lbs., $9.45; roughs. $7.75: stags, $5.50; calves. $11; spring lambs, $9 50; yearlings lambs, $6.50. Bu United Pre*s _ _ . , TOLEDO, July 7.—Hogs—Receipts. 250. market, 10®25c up; heavies, [email protected]; medium, $9.75®9.80; yorkers. $9.25<f/9.50; pigs. $9.50®9.75. Cattle—Light; market, steady; calves, light; market strong. SheepLight; market steady. Opening clover— Cash. $13.10; nrime choice, $13.40; Oct., sl3; Dec., $14.10.
Continental Illinois BANK AND TRUST COMPANY CHICAGO Statement of Condition at Close of Business, June 30, 1930 RESOURCES Cash and Due from Banks • • • # 179,389,518.40 U. S. Gov’t Bonds and Treasury Certificates • 89,570,257.91 Loans: Demand . #284,091,541.26 Time . . 415,731,221.83 699,822,763.09 Bonds and Other Securities • • • 90,426,495.50 Stock in Federal Reserve Bank • • 4,200,000.00 Customers’ Liability under Letters of Credit •• 28,127,166.86 Customers’Liability under Accepunces • t 29,258,008.29 Other Banks’ Liability on Bills Purchased and Sold . . • • • 34,138,135.29 Interest Accrued but Not Collected • 4,069,479.90 Bank Building % 15,000,000.00 Other Real Estate . . • • • • 271,119.53 #1,174,272,944.77 LIABILITIES Capital # 75,000,000.00 Surplus .#••••••• 65,000,000.00 Undivided Profits ...... 7,470,616.41 Reserve for Contingencies .... 10,000,000.00 Reserve for Dividend Payable July 1 3,000,000.00 Reserve for Taxes and Interest . . 10,493,750.74 Deposits: Demand • #671,395,176.18 Time . . 236,635,297.18 908,030,473.36 Liability under Letters of Credit . . 29,639,342.19 Liability under Acceptances . . • 30,013,897.33 Liability on Bills Purchased and Sold . 34,138,135.29 Discount Collected but Not Earned . 1,481,729.45 #1,174,272,944.77 Invested Capital • • . Over $170,000,000* Deposits $908,030,473 Continental Illinois Company Capital $20,000,000 $ The ctpiul rtoct of th Continental Illinoit Company is owned by the stockholder* of the Continental IHinott Besik and Trust Company
Indianapolis Stocks
—July 7 Bid. Ask m*r Central Life Tna C0....1.000 ••• •Belt RR it Yda Cos c0m...... 59% 3 •Belt R R At S Yds Cos pfd .. 56 61 Bobbs-MerrUl Cos 99 22* Central Ind Power Cos pfd.... 88 93 •Circle Theater Oo com 10*% ••• Citizens Oa* pfd 97 JOl Commonwealth LCo pfd ■■ ■9B 103 j •Commonwealth L Cos pf 8 64. 99 •Hook Drug Cos com new. .. 33 % ind Hotel Cos Clavpooi com.. 125 ... Indiana Hotel Cos pref 101 105 Indiana Service Corp pref 86 ... •IndlanaDoU* Gas Cos common 56% 61% Indpls North Western 5 ... •Indpls Power St, Lt pfd -1 99 l® 4 Indpls Pub Wev Loan As com. 53 58 Indpls St Ry Cos pfd 10 ... Indianapolis Water Cos pfd ...101 10* a •Interstate USCo pr 6-e Lpf 88% 93 Interstate Pub Serv V~ c 101 104 •Northern Ind Pub 764 eo pfd.lo6 Metro Loan Cos ?? •Northern Ind P 5%% co pfd. 92 ... •Northern Ind Pub 6T. co pfd. 99 103% •Progress Laundrv Cos c0m.... 44% 4(% S Rauh & Sons Fer Cos Dfd... .. Real Silk Hosiery M Inc old.. 96 Shareholders Investors Cos. ...23 Standard Oil Cos of Ind 49% ... T H I St E pfd 10 Terre Haute Trac L Cos pfd... 79 Union Title Cos c0mm0n........ 40 ... Van Camp Prod Cos Ist pfd. .. 98 Van Camp Prod Cos 2nd pfd. .. 98 •Ex-Dividend. —Bonds— Belt R R & 6tock Cos s 91 ... Broad Ripple 41 ... Central Indiana Gas Cos 55.... 99% ... Central Ind Power Cos Cs 98% ... Citizens Gas Cos 5s 100 ... Citizens Street Railroad 55... 42 42% Garv St Rv Ist 5s 65 Home T & T of Ft Wavne 65.101% ... Ind Northern Trac Cos 2% 5 Ind Rv & Light Cos 6s 9S Indiana Service Corpn 5s .... 88 Indpls Power St Light Cos 55..100% 101 Indiai.a Union Trac Cos 55,... 7 Indpls Col & Trac Cos 65.... 92% 95 Indianapolis Gas Cos 5s 100 ... Indpls <fe Mart Rapid T Cos 5s 6 Indpls No Trac Cos 5s 11 Indpls North Western Cos.. . 10 ~. Indpls Street Rv 4s 29 30% Indpls Trac Ter Cos 5s 8114 ... Indpls Union Ry 6s 100% Indpls Water Cos 5%s IC3 104% Indpls Water Cos 5s 98% Indpls Water Cos lie & ref ... 98 99% Indpls Water 4%s 94 ... Indpls Water W Sec Cos 55.... 88% ... Iterstate Pub Serv Cos 4%s .... 91% ... Interstate Pub Ser Oo 5s 98 ... Interstate Pub Serv 6% 103 No Ind Pub Serv Cos 5s ....101% ... No. Ind. Telephone Cos. 6s .... 97% 100 T H Ind & Fast Trac Cos 55.. 64 T H Trac Light Cos 5s 83 Union Trac of Ind Cos 6s 19 MENINGITIS TOLL IS 132 Edward Tobin, 18, Dies at Hospital of Spinal Malady. Edward Tobin, 18, of 1139 North Beville avenue, died in city hospital Sunday night of spinal meningitis, the one hundred thirty-second death from the disease since an epidemic broke out in the city last Dec. 9.
We Make REAL ESTATE FIRST MORTGAGE LOANS FARMERS TRUST COMFANT 150 East Market Street Mliey 0008
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New Y’ork Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501
PAGE 13
IRON FIREMAN REPORTS GAIN Increase of 27 Per Cent Is Noted Over 1929. Bu United Preen PORTLAND. Ore., July 7.—The Iron Fireman Manufacturing Company. Portland, manufacturers of the Iron Fireman automatic coal burner, basing its reports on shipments made the first half of the year and on orders on hand June 30, shows a gain of 27 per cent for the first half of 1930 over the first half of 1929. The gain for the first half of this year over the first half of 1928 was 84 per cent. The company doubled its production capacity in June when it opened anew plant in Cleveland, 0., but despite the addition of increased manufacturing facilities it has been compelled to put on & night shift in its Portland plant for the time being to take care of immediate orders. In May, the company brought out advance models of its automatic coal burners, and it is now starting production on its new automatic anthracite burner, a machine designed for domestic use in the anthracite districts. This machine automatically removes the ashes frorn the furnace alfd deposits them in a dust-proof container. AID OF POLICE ASKED Two Men Sought to Inform Them of Relatives’ Deaths. Police today were asked to locate two persons in Indianapolis to inform them of deaths of relatives. William Larton of Princeton. Ind., is sought due to the death of his brother at Prihceton, and Wiliam Rogers, said to be a news stand operator, is sought after the death of his father, George Rogers, in Springfield, HI., Sunday. Twelve streets in Berlin have been named after the ex-kaiser.
