Indianapolis Times, Volume 42, Number 53, Indianapolis, Marion County, 11 July 1930 — Page 17

JULY 11, 1930.

GRAIN FUTURES DOWN SHARPLY AT THE CLOSE Reports of Scattered Rains Has Weakening Effect on Wheat. Bv Umil'll Press CHICAGO. July 11.—Reports of scattered rains In Canada checked buying on the Board of Trade late today and prices sold off, closing sharply lower. Com also turned easier, the bulge bringing freer offers. The heat wave remains unbroken over a major portion of the west and relief is not expected for another day or so, but light precipitation and local thundershowers are predicted. Oats followed the major grains clos.ng uneven. At the close wheat was 2 to 2%c lower, corn was % to T c higher and oats were %c lower to ! *c higher. Provisions were around steady. Liverpool showed added strength as the day progressed and recovered most of the opening losses, being %c lower to %c higher at the close. Damage reports from the American northwest arrived in increasing numbers as the session moved along. Cash prices were unchanged. Receipts were eightysix cars. The continued hot, dry weather and the bullish construction placed cn the government report caused great activity in the com pit, and by noon July had gained 3 cents or more on September, the largest difference in some time. There was telling in the way of profit-taking but it was well absorbed. The forecast indicated no relief for at least twenty-four hours. Cash prices were % to \c higher. Receipts were 106 cars. Oats advanced fractionally with tb2 o'her grains but trading was light and traders were watching com and wheat closely. The hot weather is believed to be damaging oats badly. Cash prices were %c higher. Receipts were 41 cars. Chicago Grain Table —July 11WHEAT - Prev. Oiwn High. Low. Close close. Julr . .88% .90 .*5% .86' 2 .88% Sept.. .81% .93% 80'. .89% .91'y Dec .97’2 99’* 95% .95% .97% CORN . Julv . 79 .80 78'* .78' 1 ,78% Sept . 78 .78 75% .75% .75% Dec 89 71% .89 .69% .68'2 OATH - July 3* .35’. 31 .34% .34% Sept . .38% 37% 36 .38% .36% Dec .39% 40% 39% .39'. 39% RYE— Julv.. .47% .49% .46% .46% .47% S'pt.. .51% 53% 49% .50 51% Dec .58% 58% .55 .55% .57 LARD— Julv . 9 42 Sept. 955 9.57 9.47 9.47 952 Oct . 945 957 945 9.47 9.52 Dec. 9 05 9.05 9.00 9.00 9 00 BELLIES— Julv 14.20 14 00 Bv Time* Snerint CHICAGO. Julv II Carlo!?: Wheat 46; corn. 68. oats. 19; rve. 1. and barley. 1. Bn Time* Snerint CHICAGO. Jiily 11 Primary receipts: Wheat. 3.130 000. against 2.528.000: corn. 442.000. eefinst 535.000; oats. 178.000, <16.000 Shipments- Wheat, 1.238,Oflfl. a sains! 1.161.000 ; corn. 379.000 against 516,000. oats. 318 000; against 269,000. Bv I it if'it Press TOLEDO. O. Julv 11 Gram close; Wheat. No 2 red. 86%087%c. Corn—No. 3 ■ ''Wo'y. 84 .; 85c. Oats—No. 2 white. 41 Rve No 1. 75r. Barley—No. 2. 56c Clover Doit “tic cash. sl3 25: prime choice. sl3 55; October, sl4: December, sl4 25 Alaike—Cash. sll 95; October. 512 25 Butter Fsncv creamer - . 38®S9c. Biii Country rur.. 185 20c. Hay—Timothy. $1 25 cm-t

Local Wagon Wheat

Cltv erain elevators are pavtns 74c. for No 2 red wheat and 71c for No. 2 hard wheat. STEEL MERGER FOUGHT Firm Heads’ Depositions Read Into Bethlehem Trial Records. YOUNGSTOWN. 0.. July 11 The steel battle in Mahoning county court resolved itself today into a monotonous reading of depositions from chiefs of Bethlehem Steel. Youngstown Sheet and Tube and other companies indirectly involved in the merger of Bethlehem with Sheet and Tube. The depositions, taken by attorneys for Cyrus S. Eaton, who is suing for an injunction to halt the merger, were read into the court record. The reading will take all day. and court was to adjourn tonight until Monday.

Krauss’ offers all nationally known Diamonds, Jewelry, Watches, such as Bulova, Hamilton, Illinois and Elgin and the famous 1847 Rogers ailverplate at the standard cash prices on easiest credit terms. Tomorrow, Saturday , Krauss’ Special Offering s. flc i m Wrist Watch COMPLETE With MESH BAND Curved Back | Accurat. an, an- Mj 1 \ JB J W-SSt pendable. ~T withstand the Skylight bezel, baked Exactly as pictured. Or enamel numerals. Some- wl| in plain chromium finthing new. something Vw ■BBS w W • —Jg ish. Here's the old redifferent: In depend- Mk ßy liable Elgin.” Finely abilUy. lasting beauty. BKg| jeweled movements in and everyday usefulness. an entirely new case. “Elgin” watch* s meet Fully guaranteed, vour every requirement. PAY ONLY $Sc DOWN! ■ SPARKLING $35 DIAMOND Specially Priceti at 4a ve treat' ia an nual beauy—Oor*eouly ei graved IS-kt. olid WEB JV A M whlta *old moaati a. T 75c DOWN! NOW —at 108 E W. R WMh. E St. 9 °° hSITbS,.

New York Stocks

—July 11— Rail road*— High. Low. IL3O close. Atchison • • • • * Cha & *°Ohio:::iß6H IM% l*‘i Igb aTOV-i::.' ft* !;• 'ft* §S Chi N West 72% 72% 72H 72% CRIAP Del L & 8 W ... .. .- - Erie 43 42 Great Northern f u Oulf Mob * Oil iii,, nilnois Central.. ■■■ *i?2 Kan City 80 62 81 2 Lou * Na*h • ■ MKBc T 3H 38% 39 .8% N o T p c c emr.r:::i63 ra. Nickel P.at* ....166’a 1M 105% 10^ s Y N H Ac H. 108% Wi 108% 107 4 Nor Pacific Norfolk 8c West.. ... - iis Pennsvlvaniia ... 75% "3% 75% a gSfftSSSle* -.V.V.llTi* iri% iri% 117% Rt• •• • - * j' 15% it Efl Wd.::. wL 1 2-S SnlonWflc |% 218% 218 w" 1 Mary land - ’' ** 25H A^‘.r; n vs; $ Am Locomotive 3ft '3B Am Rteel Fd. . -4?% 41% Am Air Brake 8 - .I,* g 4 Gen Am Tank... 84 B3. 3, M ,, General Eiee .69 Gen Rv Signal 80 * 39 N Y Air Brake 7 Press Btl Car 65% Pullman ;■,, ,n 40% 39% Wertlnth Ehec ‘.'.139% 138 139% 138 Bobbers — 2 Qti ... Firestone • 2 s* 3% 2% Fisk. 3,4 3 P 25 25% Goodrich 28-, a w Goodyear . 81 2 3 iJ ... Kellv 5 J 5 Lee Rubber 22 22 % U B Rubber Motors— „ i<yjij 110 Auburn 112. I°™ jg% 28% Chrvsler - 8 * ! jtv Gardner .. 6 Graham Patge •• %v 45i 42% General Motors 42% % 42 , Hudson 32 - 14% a u .?S * '• fjj* Nas™ 0 ” 35% 34% 34* 35 Packard ,3 * I3SI 9 * 9 Studebaker ... 32% 32 32% 2 g * Yellow TTuck . 26% 25 * 26 4O Motor Access — Am Bosch .. Bendix Aviation iXs” Borg Warner 72,7 Briggs 33,* El Btorage 8.. .. ** Haves Body Honda A, * Sparks 2 , T , Stewart Warner. .. ••• fi,* Tlmkln Roll 58% 58% 58 . 58% Mining— Am Metals • 4, it 8 Am Smelt .... 62% 62 62 63 Am Zinc • ■ -443, .2 Anaconda Cop.. 49 3 49 49 w 50 Cal & Hecla 15% 15 a Cal & Arlz 54/4 Cerro de ’ s x Dome Mines ,1 8 *44 Freeport Texas .. Jf,, If,, Granbv Corp ... 21 1 . 21 s 21 a 21 2 Great Nor Ore *0 ... ?nrN& • 24% '24% 24% % KminecoU* Cop.. 38% '38% 38% 8% Miami Copper }% }% Nev Cons i® 1® * Texas Gul Sul 54% 54% U S Smelt 113 Amerada 23 22% Atl Refining 36- 36 36 38 Barnsdall ••• |3 22% Houston <* 77 78 7< s Ind Oil 22 21% 22 21% Indian Refining. 12% 12 12 12 . Mex Sbd 21 20% 20% 20% Mid Conti. . 24% 24% 24% Pan-Amer 58 Phillips 33 % 32% 32% 32 . Pr Oil A: Gas... 36% 35% 36% 37 Pure Oil •• ■ 1.., ?1 21 Richfield 18’4 17% 17% 18 4 Wc?! teh :::::% iv, Sinelair Pt ........ 23% '23 23 22% cVtftllr • • • Sd 75 * 30 Standard of C 1 ' 61% 61% 61% *l% Standard of N.l 60’, 69>, 69% 70^ s*andard of N Y 32% 32 3.3- * Texas Cos 51% 51% 5 % M Union Oil 41 4 42 Stel— , ~7, Am Roll Mills.. 52% 514 Bethlehem ... 82% 81 % -% | 4 Bvers AM ]2% 71% 72V. 71Jy solo Fuel ? J 7% 48 17 ? Lurilnm 2o 8 s 25 25% 24 * Newton 3 " pjrtgL* iwy i*o 1.39% Vanadium 84% 82’s 84’'a 82 a Tobaccos — .. . Am Tob*S.::.7% 237% 237% 237 , Tig 1 A-~MvVrs (Bi 92% 92 92 91% Tob n pr d A T0 ..v.:: ::: United ‘ ‘ 2 Utilities— 27 Abitlbi ■* 'jii' 95% 5534 Adams Exp 25% 25 2 23 3 . Am For Pwr .. 65’s 64 * 65% 64 n P A Wr T &tl -.::210% 208% 2i0% 210 1 Col Gas fc El 64'j 63% 64 63>. rom & Sou 14 13 n 14 14 [EI Pwr fc LI .... 9% 68'* 69 68 j Gen Gas A 10% 1® * J®,? Tntl TA- T .. 44% 44'. J 4 i 44 ? Natl Pwr * Li.. 39% 39 39'j 39% No Amer Cos .. 94% 93% 9J 4 * ; Pac Gas *EI.. .. ne 57 56% iPub S-r NJ . . 96>j 95 96'a 96-. So Cel Edison .. 57 56% 57 56 . Std G. to El .... 92% 92 92% 91% ! United Corp ... 32' 2 31’s 32% 32, iUt Pwr Ar LA .. 33% 32 .J 3 '* 33 West Union U 6% ... Am Tntl Corp.. 34% 33 . 34% 33 2 Am Ship & Com 6 1% ... Inti Mer M pfd ••• 22 2 1, J United Fruit ... 93 92% 93 92% Foods— _ _ , Am Suk 53 2 Armour A J* 5 • C*l Pkcr 63 3 4 Can Drv 63’, 63% 63% 62% Childs Cos 32 % Coca Cola 174 Foods— Cont Baking A ... , 24% Corn Prod 93% 93% 93% 94 Cudahv Pkg 40 Cuban Am Sug 5% Gen Foods 55% 54% 55 J s 54% Grand Union 14 13% Hersev 92 91% 92 91% Kroger 25% 25% 25% 25% Nat Biscuit 84% Pillsbury ... 30 Safeway St 77% 76% Std Brands .... 19% 18% 19 19

(By Thomson it McKinnon!

Drugs — Coty Inc ... ... 30% Lambert Cos .... 83% 82% 83% 83% Lehn A Fink 26 V Industrial*— Am Radiator .. 26% 25% 36% 28% Gen Asphalt *4% Lehigh Port 30 otts Elev 63 62% 63 63% Indua Chema— Allied Chem .. 261% 258 260 % 259 Com Soiv 23% 23% 23% 23 Union Carb 70 68% 69% 68% U 8 Ind Alco 67 Retail Stores— Assoc Drv Gds.. .. ... 3614 36% Glmbel Bros 11% Kresge 8 8 37% May D Store 43 42% Mont Ward 35% 35 35% ... Penny J C ... 52% 52 Bears Roe 67% 66% 66% 67 WooUrorth 67% 57% 57- 57% Amusements— Bruns Bailee 16% Col Graph 17% 16% 17% 17% Croslev Radio li% 11% Eastman Kod ...204% 201% 202 203% Fox Film A 41V, 40% 40% 40 Grigsbv Gru 13% 13% 13% 13% Loews Inc 67% 66'. 66% 66% Param Fam 58% 57% 57% 58 Radio Corp 37% 37 37% 37% R-K-O 29% 28% 28% 29% Schubert 14 3 . 14% 14% 14% Warner .. 44% 41% 44% 42% Miscellaneous— Alrwav App - 18 City Ice & Fu.. 39 ... Congcleum 12'% 12% 12% 12% Am Can 122% 121% 121% 131% Cont Can 59 58% 59 88% Curtiss Wr 7% 7 7% 7% Gillette SR 67% 66% 67 67% Real Silk 38%

Indianapolis Stocks

—July 11— Bid. Ask Amer Central Life !ns C0....1,000 ... •Belt RR A Yds Cos c0m...... 59% 63 •Belt ERAS Yds CO pfd... 56 61 Bobbs-Merrlll Cos 30 33% Central Ind Power Cos pfd.... 89 94 •Circle Theater Cos com 1 25 ••• Citizens Gas 27 ... Citizens Gas pfd 97 101 Commonwealth L Cos pfd 7%... 98 102'/, •Commonwealth L Cos pf 8 %. 99 ••• •Hook Drug Cos com new 23 23% Ind Hotel Cos Clavpool com.. 125 ... Indiana Hotel Cos ores 100 104 Indiana Service Corp ores 86 .. •Indianapolis Gas Cos common 56% 61% Indpls North Western... • ■ •Indpls Power A Lt pfd 102 104 Indpls Pub Wev Loan As com. 53 58 Indpls St Ry Cos pfd ......... 10 ... Indianapolis Water Cos pfd ...101 UJ •Interstate USCopr6% Lof 88% 93 Inters ate Pub Berv 7%...• ;i .l9 2 I° 3 •Northern Ind Pub 7% CO pfd. 106 Metro Loan Cos -.-99 •Northern Ind P 8%% co Pfd. 92 ... •Northern Ind Pub 6% co pfd 99 101 •Progress Laundry Cos c0m.... 44 47 S Rauh A Sons Fer Cos pfd... .. Real Silk Hosiery M Inc pfd.. 96 Shareholders Investors Cos. ... 23 Standard OH Cos of Ind 50 T H I E pfd 6 Terre Haute Trac L Cos pfd... 79 Union Title Cos c0mm0n........ 40 ... Van Camp Prod Cos Ist pfd. .. 98 Vap Camp Prod Cos 2nd pfd. .. 98 •iS-Dlvidend. —Bonds— Belt R R A Stock Cos 5s 91 Broad Ripple 41 ... Central Indiana Gas Cos 85.... 99% ... Central Ind Power Cos 6s 98% ... Citizens Gas Cos 5s 100 Citizens Street Railroad 55.... 42 ... Gary St Ry Ist 5s 65 ... Home T A T of Ft Wayne 6s. 101% ... Ind Northern Trac Cos 2% 5 Ind Ry A Light Cos 6s 95 Indiana Service Corpn 5s .... 88 ... Indpls Power A Light Cos ss. .100% 101 Indiana Union Trac Cos 5s 7 ... Indpls Col A Trac Cos 6s 92% ... Indianapolis Gas Cos 5s 100 ... Indpls A Mart Rapid T Cos 5s 6 Indpls No Trac Cos 5s 11 ... Indpls North Western Cos .. ... Indpls Street Ry 4s 29 30% Indpls Trac Ter Cos 5s 81% ... indpls Union Ry 6s 100% ... Indpls Water Cos 5%s 103 104% Indpls Water Cos 5s 98% ... Indpls Water Cos lie A ref 98% ... Indols Water 4%s 94 Indpls Water W Sec Cos 5s 88% ... Iterstate Pub Serv Cos 4%s .... 91% ... Interstate Pub Ser Oo 5s 98 ... Interstate Pub Serv 6%s 1 i ... No Ind Pub Serv Cos 5s ....10i% ... No. Ind. Telephone Cos. 6s .... 9 % 100 T H Ind A East Trac Cos 55.. 64 T H Trac Light Cos 5s 82 Union Trac of Ind Cos 6s ...... 19 ... Interstate Pub Serv Tie. 10 shares *t..103

In the Stock Market

ißv Thomson •*; McKinnon) NEW YORK, July 11— Re-estab-lishing itself to the best level of prices since about the middle of June, the stock market has, of its own accord dispelled considerable gloom and stimulated better confidence. Undoubtedly part of the advance has been at the expense of the short interest. Nevertheless it is pretty well demonstrated that the market is enjoying support and able to successfully cope with outbreaks of liquidation and bear raids. The ratio of borrowings of stock exchange members to the market value of all listed securities reveals the lowest percentage of any year and fully confirms the contention that stocks are permanently lodged and in the strongest hands possible. More credence seems to be given to theory that former bull leaders are aggressively assuming a constructive position in the market. With the help of some specific favorable business news there is little doubt, but what such efforts wculd bear fruit considering the general condition of the market. Fortified with the steadying in* fluer.ee of the investment demand which we are reasonably assured of. we believe setbacks in the market should be promptly used to acquire good stocks.

THE INDIANAPOLIS TIMES

PORKER MARKET 10 TOl5 CENTS HIGHEJUT PENS Light Steers and Heifers Show Strength in Cattle Trade. julv Bulk Top Receipts 2 $9.50 $9.60 5,500 3 9.60 9.65 5.000 i 9 85 9.90 6.500 8' 9.6059.85 9.90 6.000 9. 9.50<&9.75 9.85 5.500 10 9.50*19.75 9.85 5.500 11. 9.6069-90 10.00 5,500 Decided strength was evidenced in hogs today at the city stock yards, the market being mostly 10 to 15 cents higher. The extreme range of prices was steady to 25 cents up. The bulk, 160 to 300 pounds, sold for $9.60 to $9.90. Receipts were estimated at 5,500, holdovers were 388. Cattle receipts were 600. Light steers and heifers were strong, cows steady. Vealers were strong and higher, selling at sl3 down. Calf receipts were 750. Sheep and lambs were $1 higher, good and choice lambs selling at sll to sl2. Receipts were 1,100. Chicago hog receipts were 21,000, including 8,000 direct. Holdovers were 8,000. The market held steady to 10 cents higher than Thursday’s average. Hogs scaling under 220 pounds showed the advance. Few loads of choice 160 to 210-pound weights sold at $9.60 to $9.75; around 280-pound weights, $9.00. Cattfe receipts were 25,000; sheep, 5,000. HOGS Receipts, 5.500% market, higher. —Light Lights—-(l4o-160) Good and choice $9.35®9.75 —Light Weights—-(l6o-180) Good and choice 9.90 (180-200) Food and choice 9.90S 10.00 —Medium Weights— „ „„ (200-220) Good and choice..., 9.90f 10.00 (220-250) Good and choice 9.60© 9.73 Hpavv Weights—-(2so-2901 Good and choice ... 9.50® 9.60 (290-350) Good and choice 9.25 m 9.60 —Packing Sows — (275-500) Medium and good [email protected] —Slaughter Pigs—-'loo-130) Good and choice ..... B.Bo@ 9.10 CATTLE (Slaughter Classes) Receipts. 600: market, steady. —Steers—-(6oo-1100) Good and choice ‘.'lni 97Common and medium 6.50® 9.<n Good and choice^ 00 : 1 . 5001 ..-. 30.00612.00 Medlum —Heifers Good and choice I SO Common and medium 6.00© a.au Good and choice Common and medium 5.00® 6.75 Low cutter and cutters 5 00 —Bulls (Yearlings excluded) Good and choice (beef) 6.25® 7.50 Cutter, common and medium 4.00® 6.2. v CALVES and VEALERS Receipts, 750; market, higher. sasp.^.^nwii# Good and choice * I nn® 700 COm 'sTOCKER AND FEEDER STEERS Good and choice * 5 00® 7 00 Common and medium . 5.00® 7.00 (800-1050) „ „ -- Good and choice I so® 7 00 Common and medium .•••■ 5.50® 7.00 SHEEP AND LAMBS Receipts. 1.100: market, higher. Good and ch o ice“^ m . b# 7. •• ■ ‘'' oSIIIOO Common and [email protected] Medium and choice * 1 oo® 2'50 Cull and common l.ou© z.ou Other Livestock 'jufy 11.—Hogs—Receipts, 21.000. including 8,000 direct; strong to 10c higher; mostly 10c higher- f^irl^ L5 Ct *Qß(p shippers and small packers, top. *9.80, light lights 140-160 lbs., good and choice. $OoiS 9* 5: light weights. 160-200 lbs. good Ind choice. $9.6069.80; medium weights. 200-250 lbs., good and choice. [email protected]. heavy weights. 250-350 lbs " „?- 00^7s a soo choice. SBTS® 9.30; Packing ®- sn 2 I S R lbs., medium ana good, slaughter pigs 100-130 lbSj. good and choice $8.756 9.50. Cattle—Receipts, 2,500, calves' 1.000; generally steady to strong market: undertone A™ on yearlings, dull on weighty steers: too $11.25. steers, 600900 lbs., good and choice, *106 1 1.75 . 9001,100 lbs., good and choice $9.50;/12, 1.100-1.300 lbs., good and choice. $9.25* 11 50- 1 300-1 500 lbs., good and choice. $96 11 50- 600-1.300 lbs., common and medium. $6.756 9.50: heifers, 550-850 lbs., good and choice. $9.75611.25; common and medium, $6 6 9.75; cows, good and choice. $769. common and medium. low cutler and cutters. $4®5.25: bulls (yearlings excluded). good and choice beef. $7 6 8.50; cutter to medium [email protected]: veals fedi. good and choice, [email protected]; medium $lO6 11.50: cull and common. $66 10; steers_ 500-1.050 lbs., good and choice. $7.75 6 9.50; common and medium, $5.50 67.75. Sheep—Receipts. 5,000; market, active strong to 25c up: natives lambs, $10.75 to mostly $11: few loads range lambs. $11.50; fat ewes strong mostly, S3 @3.50: feeders scarce; lambs. 90 lbs. down, good and choice. $10.50611.50; medium. 59.50® 10.50; all weights common. $6,506 9: ewes. 90-150 lbs. medium to choice, s26' 3.75; all weights cull and common. $16 j 2.50: feeding lambs, 50-75 lbs., good and choice, $7.25©8. Bv Timm Bnerial ...... „ LOUISVILLE. Ky.. July 11—Hogs—Receipts 800; market, steady; 250 pounds up *9.05- 165 to 250 pounds. $9.65; 130 to 165 pounds, *8.85: 130 pounds down. *7.15; roughs. $6.65; stags. $6.05. Cattle—Receipts. 200: market, steady; prime heavy steers, 58.5069.50; heavy shipping steers, *7.25 6j 8.50: medium and plain steers. [email protected]; fat heifers. $669: good to choice cows. $4.50 to $6.50: medium to good cows. $3.50 @4.50; cutters $3 6 3.50; canners. $26 3; bulls $4 6 6.25: feeders. *6.5068.50: Stockers ss®7. Calves—Receipts. 300: market, 50 cents higher; choice *io to $10.50; medium to good s9® 10; common to medium, $6.506 8.50. Sheep—Receipts. 2,000; market. steady: ewes and wethers lambs. $10.50. buck lambs. $9.50: seconds. $4,506 5.50: clipped lambs $2.50 6 3.50: Thursday's shipments: Cattle. 123; calves. 134; hogs. 72, and sheep. 2.104. Bv T’nited Pre** EAST ST. LOUIS. 111.. July 11.—Hogs— Receipts. 9 000. market light, medium weights 10620 c up: heavies slow; steady; bulk. 140-225 lbs.. $9.6009 0; top. $9.85: 230-260 lbs.. $9.2509.55: sows. $808.35. Cattle —Receipts, 900; calves. 600; market, steers in light supply, slow; vealers steady at $12.50: others steady. Sheep—Receipts. I. market, fat lambs active, fully 25c up; bulk. $10.75611; top. $11.15; throwouts. $4.50. Bv Ignited Press CINCINNATI. July 11.—Hogs—Receipts, 4.350 including 1.850 direct: heldover. 60; generally steady on 170-230 lbs.: heavier weights, weak; spots. 25 cents lower; pigs and light lights, strong to 25 cents higher; sows, steady to weak; bulk desirable. 170250 lbs.. *9.75 0 10: mostly $lO on 230 lbs. down: some 280-300-lb. weights. [email protected]; better grade. 120-160 lbs.. $9.25 6 9.50: few strong weights up to $9.75: sows. *7.75 to mostly *8: few smooth light weights. *8.25. Cattle—Receipts. 375: calves. 300; all grades cows strong tQ mostly 25 cents higher: bulls, strong to 50c higher: lower grades showing full advance; vealers, very erratic. 50 cents to *1.50 higher: other classes slow, steady to weak: common and medium grass steers and heifers, mostly *6O 8: beef cows. *5.2506.50; some up to *7: low cutters and cutters. *2.7504.75; bulk. $3.250 4.25: bulls, mostly *[email protected]: top. *7: good and choice vealers. *llO 11. strictly choice light kinds. *l3; common and medium mostly *7@>!0.50. Sheep —Receipts. 1.800; better grade lambs, active: fullv steady; spots strong; lower grades and sheep slow, steady: good and choice lambs. *10.50 to mostly *11; common and medium. *5*5.75: good buck lambs up to *8.50; fat ewes. *203. Bv T'nited Press CLEVELAND. July 11.—Hogs—Receipt*. 1.100: holdovers. 61: eenera! steadv: 160-250 lbs . *IO.IOO 10.15: 250-280 lb. butchers. *lO 610.15: 280-320-lb. averages. *9.75 0 10; pigs. *10: packing grade. 25c off: sows, *7.75: st-.gs. *5.75. Cattle—Receipts. 550; steer run. common and medium, mostly common grade, early sales around 25c off: she stock and bulls steady; common and medium steers. *6.5038.50: cutter steers, downward to *5.50: beef cows. *5.2507; medium, bulls. *5.50 07; few at *7.25. Calves—Receipts. 450: mostly, steady; good and choice veals. *13.50 3 14: practical veal too. *14.50: weighty calves. *11012.50: thin grassers downward to *9. Sheep—Rectlpts. 150: under limited supplies: killing classes. 25 0 50c up; good and choice lambs. *11312; medium and common grade. *8.50310.50: culls, downward to *6: ewes. *2.5003.50: few at *4. Bv Cnited Press PITTSBURGH. July 11.—Hogs—Receipts. 1.500: market, steady: choice. 170-210 IbF.. *10.35 : 280 lbs.. *9.95: smooth sows. *8.28. Catle—Notne: market, nominal. Calves— Receipts. 100: best grade vesls, SS3SOC up: bulk. *12.75013: top. *13.50. SheepReceipts. 500- fat lambs, about 50c up: choice natives. *11311.50; extreme top. *l3: other classes, scarce. B w t'nited Press TOLEDO. July 11.—Hogs—Receipts. 350: market slow on heavies: lights 10c up; heavies, *8.75 0 9.35: mediums. *9.4069.50: Yorkers. *9.256 9.75: pigs. $9 3569.50. Cattle—Receipts, light: market steady. Calves —Receipts, light; market strong. Sheep— Receipts, light: market slow. Opening clover—Cash. $13.35: prime, choice, *13.55: October. *l4; December. *l*3s.

Dow-Jones Summary

LONDON —New York cables opened at 4.86%e unchanged from Thursday * Parts checks 123 64c. Amsterdam 12.037 c. Italy 93.885, Berlin 30.39. British board of trade reports United Kingdom Imports In June were 83.441.000 pounds, against 91.037,C00 pounds m May and 91.497.000 pounds in June 1929 Exports were 42.545.000 pounds against SL--612.000 pounds In May and 49,893.000 pounds in June 1929. Sugar melt es 15 United States refiners Jan. 1. to June 2*. totaled 2.365,000 long tons against 2,585.000 in like 1929 periods. Deliverlee 2,145,000 long tons against 2.345,000. Proratlon committee of Mid-Continent Oil A Gas Association has called meeting of Oklahoma oil operators in Tulsa for July 15, to decide on plans for further curtailment by 2 Oper cent of present allowable proratlon production. Tide Water Pipe Company reduced Penngrade Crude Oil in the Bradford Field m Pennsylvania and adjacent, Allegheny Field in New York 15 cents a barrel to *2.10, effective July 11. Lehn A Fink Products Company first six months earned *2.19 a common share against *2.20 a share in like 1929 period. Oil operators In Rumania have agreed in principle to accept offer of Standard Oil of New Jersey and Roal Dutch-Shell to boy all export surplus of Rumanian Oil—operators also agree to restrict drilling. New York Central Railroad to build freight terminal on four blocks bounded by Clarkson, spring. Washington ana West streets in New York to cost between *lO,000.000 and *15,000.000. Estimated area sown to wheat in Canada for 1930 is 24.583.800 acres against 25 - 255.002 in 1929. according to dominion bureau of statistics. Hudson A Manhattan Railroad Company elects to presidency Charles D. Emmonds. formerly president of United Railways and Electric Company of Baltimore. Noblitt-Sparks Industrie*. Inc., earnings for five months ended May 31. *1.58 a share on 77.267 common shares, against *2 23 a share on 75.000 common shares in like 1929 period. May net profit amounted to $49,446 after charges and taxes, against *46,351 in May, 1929. Daily average volume of federal reserve bank credit outstanding in week ended July 9 was *1,075,000,000 an increase of *44,000,000 over previous week, but decrease of $336,000,000 from like 1929 week. Gold movements at New York during week ended July 9 consisted of Imports *519,000 of which *335,000 was from Brazil, *122,000 from Ecuador and *62.000 from Latin America. Gold earmarked for foreign account increased $3,000,000. Willett A Gray estimate sugar consumption in United States in first six months at 2.860.420 long tons against 3.009,377 In like period 1929. a decrease of about 4.95 per cent. Brokers’ loans, off $16,000,000 to $3,203,000,000. Federal reserve ratio, 81.7 against 80.7 a week ago and 73.0 a year ago. New York ratio, 82.1 against 81.2 and 68.7 respectively. Rediscount rate, unchanged at 21% per cent. Auburn Automobile Company m quarter ended May 31, 1930, earned $4.25 a share on 180.882 common shares against *8.05 on 173,385 shares In 1929 quarter. Six months earnings, $4.79 against $11.28 in same period previous fiscal year. Department of agriculture reports indicated corn crop of July 1, as 2,802,000,000 bushels against 2.622,000,000 harvested in 1939. and ten-year average, 2,700,000,000. All wheat, 806,000,000 bushels against 807,000,000 and 833,000,000, respectively. New York Stock Exchange loan on July 1. at 5.83 per cent of the market value of all shares listed against 6.33 per cent on June 2, a decrease of 0.50 per cent. On July 1. 1929, ratio stood at 9:15 per cent. Market value of listed stocks $63.892, 327.059 decrease of *11,126,328,224 m the month. White Rock Mineral Springs first six months earned $2.38 a share on 250.000 common shares to be outstanding against *2.08 a share on like capitalization in first half of 1929. Pennsylvania Power and Light May balance after charges and taxes. $861,856. increase *35.411 over May. 1929. Twelve months suplus after preferred dividends *7,114,871. increase $196,450. Adams Millis Corporation declared regular quarterly dividends of 50 cents on common and *1.75 each on first and second preferred, all payable Aug. 1, record July 18. A tax valuation of *18,000,000 placed on holdings of Freeport Texaa Company in Brazoria county by figures established by county commissioners court. This is *7.793.000 more than value placed on holdings by company, but less than half original valuation fixed at $6,111,000. Bryan Mound, the company’s whollyowned property assessed at $1,918,000. and Hoskins Mound owned Jointly with Texas Company assessed at $10,781,000. Attorneys again file formal protest of valuation. Appalachian Gas stockholders to vote July 21 on authorization for 500.000 preferred shares for Issuance as directors may propose. A. Hollander A Son. Inc., six months ended June 30 net income was *191,666 after interest, depreciation and federal taxes against *335,821 in first six months of 1929. Canadian Pacific first week July gross was *3.373,000 against *4,051.000 in like 1929 week. From Jan. 1 to July 7 gross was $83,782,000 against *102.963.000.

Produce Markets

Ebbs (Country Run)—Loss off C-llverd in Indianapolis. 16c; henery quality. No. 1 ’ Poultry 0 '(buying prices—Hens, weighing 4</ a lbs- or over. I7c; under 4 % lbs.. 17c. Leghorn hens. 14c: springers. 2% lbs. or over 2lc: under 2% lbs.. springers. 14c: old cocks. ducks, full feathered, fat whites. ?c: geese. 6c. These prices are for No. I too auauty ouoted bv Kingan & Cos. , Butter (wholesale)—No. X. 35®36e. No. 2. 33034 c. selling Price per pound—American J oa £ 31c* pimento loaf, 32c: Wisconsin firsts. 27c. Lognho*ns. 34*,. New York Limberger. 36c. July 11. —Butter—Steady; extras, 38c; extra firsts. 38c. Eggs—Steady: extras! 21%c; firsts. 20c. Poultry—Firm; fowls. 22c: medium. 21c; Leghorn, 15<&18c; heavv springers. 250 30c: over 3 lbs.. 280 32c: Leghorn springers 17022 c; ducks 12 020 c old cocks. 120T4c; geese, iOolsc. Potatoes —No quotes. B CHICAGO* July U.-Egg-Market steady ; am. £ dlnaries. 17018%c; seconds, 16%c. Butter —Market, firm; receipts, 12,C)'. extras. 34c; extra firsts 31%0 32'sc; firsts. ..90 30c; standards, 34c. Poultry—(No market on Saturday, annual poultry field day), market, firm; receipts. 2; fowls. 22c; springers. 28c; Leghorns. 16c; ducks, 13c; geese, 16c; turkeys, 18c; roosters. 15c; broilers. 23c. Cheese—Twins. 16®16%c; Young Americas. I7c. Potatoes—On track 128' arrivals. 53; shipments 1,235; market, weak: Kansas and Missouri sacked Irish Cobblers, $1.5001.60: Virginia barrels Irish Cobblers mostly $3.25. Bv United Press , . . CINCINNATI. July 11.—Butter, steady; creamery in tub lots according to score, 310 34c:' common score discounted, 2@3c; packing stock No. 1. 26c; No. 2. 20c; No. 3.15 c; butterfat. 28030 c. Eggs—Firm; cases Included; fresh gathered. 22c: firsts. 20c: seconds. 18c; nearby ungraded. 20c. Live Poultry—Thin and coarse stock sells only at heavv discount; fowls 5 lbs. and over 20c; 4 lbs. and over. 18c; 3 lbs. and over 18c; Leghorns 3 lbs. and over. 16c; roosters. 13c; colored fryers over 3 lbs., 32c; broilers colored over 2 lbs., 28c: broilers over 1 % lbs.. 25c; 1% lbs. and over, 22c; Leghorn and Orpington broilers over 1% lbs.. 22c; 1% lbs. and over. 17c; briolers partly featured, n@2oc; black springers. 20c.

New York Bank Stocks

—July 11Bid. Ask. America 98 100 Bank of United States ... 42 43 Bankers 139 UOH Brooklyn Trust 695 705 Central Hanover 231 334 Chase National 137 138'a Chatham Phoenix National. 105 106 Chemical 64 65 City National ... 140 14H4 Corn Exchange 160 161 Commercial 385 395 Continental 27 28 Empire 76’<i 78 First National 4.825 4.900 Guaranty 616 620 Irving 48' 2 49 Manhattan 8c Cos 109 110 Manufacturers 94Vi 96 New York Trust 226 228 Public 105 107 Chelsea 33 37 Fall Fatal to Aged Man MICHIGANTOWN, Ind., July 11Harry Icenberger, 76, is dead of injuries sustained when he fell from a tree he was trimming at his home. He suffered an injury at the base of a brain. , ,

STOCKS BREAK AFTER UPTURN EARLYJN UAY Bears Fail to Press Sales Advantage; Steel Off at Noon.

Average Stock Prices

Average of thirty industrials for Thursday was 227.39. up 5.35. Average of twenty rails was 13L28, up 2.77. Average of twenty utilities was 83.45. up 2.05. Bv United Press NEW YORK, July 11.—The rising movement on the Stock Exchange was broken today after a firm opening and prices fluctuated irregularly. For a time United States Steel led a brisk rise which was participated in by industrials, rails and oils. Overnight buying orders on the reduction of $16,000,000 in brokerage loans helped most issues at the opening. The tendency toward caution made itself felt and many traders with profits run up in the last few days took them. Bears, however, did not press the advantage this selling gave them and trading quieted down below the pace of T hursday. Around noon Steel was down to 159% where it was off %. The issue opened at 160, up % net and then rose to 160%, fell to 158% and then rallied slightly. American Can at noon was at 121%, up %, after a rise above 122% earlier. General Electric held unchanged at 68%, Westinghouse 138%, up %; Vanadium 83%, up %; General Motors 42%, off %; Radio Keith Orpheum 29, off %; Radio 37%, off %; Standard of New Jersey 69%, off %; Sinclair 23%, up %: American Telephone 209%, off %; North American 93%, off 1, and Columbia Gas 63%, up%. Call money renewed at 2% per cent and 1-eld there. Time money rates were firmer.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday. July 11, were *3,928.000: debits. *7,283,000. CHICAGO STATEMENT Bv United Press . , CHICAGO. July 11.—Bank clearings *IOB,800,000; balances $20,600,000. NEW YORK STATEMENT Bv United Press NEW YORK. July 11.—Bank tleanngs, $1,200,000 000: clearing house balance $l4B - 000.000; Federal Reserve bank credit balance $144,000,000. FOURTH MAN NAMED TO NEW GRAND JURY Ten More Will Be Examined Monday for Service. Henry C. Askren, 5732 Lowell avenue, retired fanner, today was selected as the fourth member of the Marion county grand jury to serve until 1931. • Ten more citizens will be examined for jury service Monday by Criminal Judge James A Collins, in the fifth attempt to impanel the probe group. Other jurors selected are Robert A. Mathews, 54 West Thirtieth street; Darwin D. Joseph, 1309 Lawrence avenue, and John Gulfifer, New Augusta. RIFLE ACES TO MEET Final Elimination Shoot to Be Held at Frankfort. Final elimination shoot for Indiana national guard and civilian rifle teams will be held at Frankfort Saturday and Sunday, it was announced today by Adjutant-Gen-eral Manford G. Henley. About fifty local and district winners will compete for the ten principal and two alternate places on the team to represent the state soldiery at the national shoot at Camp Perry, 0.. this fall. This is the first state elimination shoot held since the World war. Previously teams were picked at the Camp Knox encampment. Ot-ier Livestock B FT." WAYNE ind.. July 11.—Cattle—Receipts. 100; calves. 100; hogs, 400; sheep, 300. Hogs—Market. 10c higher; 90-120 lbs.. $8.85; 120-140 lbs.. $9.10; 140-160 lbs.. $9.35; 160-180 lbs.. $9.60: 180-200 lbs.. $9.70: 200225 lbs.. $9.60; 225-250 lbs.. $9.50; 24-275 lbs.. $9.40; 275-350 lbs.. $9.30: roughs. $7.75; stags. $5.50; calves. sl2; spring lambs. $10; yearling lambs. $6.50. Deaths Mauae Flinn. 57. 308 East, Twenty-fifth, Ca john Miller. 72. 6820 East Washington. chronic myocarditis. Thomas D. Denny. 84. 925 Massachusetts. hypostatic pneumonia. John W. Toombs. 77. 2917 West Washington. lobar pneumonia. Nanine Slate. 49, Methodist hospital, acCl MatTvUda Bremer. 67. 2339 Shelby, uremia. Joyce Kirkman. 8 mo.. Riley hospital, broncho pneumonia. . , Volga Clark. 69. city hospital, septicaemia. Births B"ys Louis and Francile Senter. 1206 Tibbs. Moses and Audra Richardson. 2503 ReGeorge and Christlr Reynolds. 1321 Bath. Willei and Elsia Reuse. 1045 North Milev. . Fred and Ruth Thompson, 1149 West Twenty-eighth. John and Louise Kiney. 950 Pansy. Thomas and Esther Curl. 919 West New Y °lssaac and Mildred Jones. 730 Fayette. Edward and Nora Brethman, 411 West Norwood. „ _ .. Charles and Frances Navana, 715 South Ea ßollen and Flossie Perkins, 1320 West Thirty-fourth. Robert and Mary Edwards. 801 South Sh WHUam and Beulah Seib. 1105 Waldem paul and Amy Hedge. Methodist hosJohn and Mildred Bruckmann, 141 South Hawthorne. Harry and Hazel Pace 1821 TaUman. Girls James and Lillian Stone. 2253 North Arsenal. Ivan and Blanch Heidenreich, 401 North Pine. Simon and Betty Reid. 2212 Martha. Willard and Flora Smith, 541 West Sixteenth. Robert and Cybil Denny, 2233 Avondale. Roland and Ethel Kemp. 1440 Holliday. Edward and Clara wondersee, 3020 English.

James T.Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indlaaapolts Board of Trade Aaeoclated New Tork Curb 203 Continental Bank Bldg. Tel.. Bller 5493— Riley 5494

The City in Brief

Falling twenty-five feet freon a tree when a limb broke beneath him, Deweyl Schoemake, 8, was injured and taken to city hospital today. He is under observation for evidence of internal injuries. Times carriers of district No. 22 will be guests tonight of Manager D. Hessdldenz of the Uptown theater, Forty-second and College. The boys will see Ken Maynard in “Mountain Justice.’’ Arthur Lennon. M, of 415 East Ohio street, was taken to city hospital today after police found him lying at the roadside at Kessler boulevard and Thirty-eighth street. He told them he was suffering from the heat and lack of food. In the Air Weather conditions in the air at 9 a. m.: Northwest wind, six miles an hour; barometric pressure, 29.90 at sea level; temperature, 81; ceiling, 5.000 feet; visibility, five miles; field, good. Arrivals and Departures Mars Hill Airport—T. A. T. passengers included, eastbound: J. R. Mercier to New York; westbound, L. E. Dingley to St. Louis; W. H. Hottel to Wichita, Kas., F. T. Menager Tulsa and M. M. Miller to Kansas City, Mo. Embry-Riddle, Harvey J. Kelly, 3136 Noth Pennsylvania street; A. M. Hood, Hume Mansur building, and A. M. Ross, Columbus, to Chicago, and Fred Duncan, 618 Highland drive to Cincinnati. Curtiss Flying Service, Clyde Shockley in Fairchild from Kokomo. Hoosier Airport—Walker Winslow returned from Culver in Travel Air; L. H. Peck in Cavalier from Lincoln, Neb., to Cleveland; Happy Fressel in Parks T. 1, St. Louis to Angola. Capitol Airport—Dick Knox in Prest-O-Lite from Chicago with Mr. and Mrs. McGuffey. THREE WOMEN JAILED Liquor Cause of Two Being Held Prisoners at Hammond. Bv United Press HAMMOND, Ind., July 11.—Women of Hammond have invaded man’s last stronghold—jail. Miss Gusta Baldwin, 27, was imprisoned for violating dry laws. She was found pouring pints instead of taking shorthand, police said after raiding her office. Then Miss Evelyn O'Brien, 29, Chicago manicurist, was arrested on a charge of Intoxication, and jailed. Mrs. Nancy Worley, 46, Increased the feminine population of the jail to three when she was arrested on a charge of failure to support her children. ANOTHER SITTING CHAMP Cops Have to Remove Yowling Cat From Pole; Up Two Days. For two days and nights, residents in the 600 blocks of Oakland and Parker avenUes have been “entertained” with solos presented by a cat that climbed atop a utility pole and couldn’t descend. Firemen, police and Indianapolis Power and Light Company squads removed the feline from its rrfost today. BACKS NEW NETWORK Harley L. Clarke, Indianapolis Power and Light Company and Fox Film president, is reported planning anew radio network on a par with the Columbia and National broadcasting systems, according to Variety, weekly theatrical magazine. Clarke’s plan is to obtain about 150 independent stations throughout the country, broadcasting through the disc method so a program may be heard the same hour in each city. •Building Permits Helen Finn, repairs. 1473 South Belmont, *1.400. L. A. Brown, repairs. 2526 Paris. *1,200. R. B. Clark, garage, 1840 Dexter. S2OO. Grinslade Company, dwelling, 231 South Sherman drive. *2.000. W. B. Morgan, dwelling and garage. 5321 Park. *5.000. W. B. Morgan, dwelling and garage, 5317 Park. *5.200. T. J. Rvan. repairs. 802 Indiana. *3OO. j. F. Wagoner, remodel, Reisner and Miller, *3OO. , „„„ „ , Emil Mantel, repairs. 622 West Pearl, *6OO. New York Curb Market . —July 11— Close.! Close. Am Com Pwr A. 22% National Inv ... 12% Am Gas & E1..113% l Nia Hud Pwr.. 16% Am Lt & Tr ... 59% Niles 27', 8 Ark Gas 9%|Noranda 23% Aviation of Am 43%]0h10 Oil 66% Brazil P & L.. 39 iPantepec 2 Can Marc 4% Penroad 11% Cities Serv 36%iPrince & Whtly. 10% Durant Mot 2%|Sel Indus 6% Elec Bond Sh.. 78'/♦ Shenandoah ... 9% Fokker 18% Std of Ind 50% Ford of Can ... 31 >4!Std of Ky 31% Ford of Eng ... 15% Stutz 2'/a Fox Theater ... S'/i'Trans-America.. 26% Goldman Sachs. 21% Trans Air Trans 8% Gulf OH 124%:U1en 22% Hudson Bay ... 8 Un Gas (new). 14% Humble Oil 89 |Un Lt & Pwr .. 38% Insull Ut 56%iUn Verde 10 Int Buper 32% Ut In Ind 12% Int Pete 18%iUt Pwr 16% Marine Mid 31% Vacuum Oil 86'/ Midwest Ut 27% Wallgreen 34% Mo Kan Pipe .. 24 I

'■p Citizens Gas Co’s. Stocks newion j* I Common and Preferred TOQu Sell *ls LJEMCKE BLDG.

Cities Service Securities HENRY L. DOHERTY 6c CO. R. S. NORDYKE, Mgr., Local Office 1607 Merchants Bank Bldg. Phone LI. 7566-7567

NOW IS THE TIME TO BUY FIXED INCOME We advise the immediate purchase of a safe, fixed incomepaying security. We strongly recommend the purchase of Commonwealth Loan Company 7% PREFERRED STOCK TAX EXEMPT IN INDIANA Listed on the Indianapolis Stock Exchange Descriptive Circular on Request J. H. AUFDERHEIDE INVESTMENT SECURITIES Established 1887 316 Guaranty Building Riley 3469 43 Years Without Loss to Any Investor

PAGE 17

ATTORNEY RAPS PURLIC DODGING OF TAXRURDEN State Bar Hears Address by Hoffman on Study of New System. Bv Times Special BLOOMINGTON, Ind., July 11.— Constant effort of taxpaying groups to shift the burden to other groups constitutes the greatest obstacle to solution of Indiana's tax problem, lawyers of the state were told at the thirty-fourth annual meeting of the Indiana State Bar Association here today. J. Clyde Hoffman, Indianapolis, state sjnator and chairman of the Governor’s tax committee, made the assertion in a discussion of the committee’s efforts to devolve an equitable taxing system. "Each taxpayer is too prone to measure the desirability of a certain form of tax by the effect it will have on his bank account, rather than the good of the state as a whole from an economic standpoint," Hoffman said. Agrees on Principle Although the committee, authorized by the 1929 legislature, has arrived at no definite recommendations, it has agreed upon "certain underlying principles,” Hoffman said, “as an objective which the committee will strive to attain.” These are: 1. To eliminate all property tax for state purposes. 2. To distribute taxation equally, so as not to penalize any class of people, business or industry. 3. To provide a means whereby every citizen who has reached his or her majority may contribute directly to the support of the state government. “The committee is firmly of the opinion that new methods of raising revenue should be employed only as a means of adjusting the present burden on property and not for raising additional funds, and that if such revenue should be raised by new forms of taxation, a corresponding reduction should be made in the property tax,” Hoffman said. Exemptions Criticised ‘The outstanding cause of high taxes has been the ever-increasing tendency to go on and on with public improvements, regardless of the source of revenue and the hardship on the taxpayer.” The elimination or consolidation of townships and possibly consolidation of counties might effect economies, Hoffman said the committee believes. The committee is seeking a means, he said, of halting the escape from taxation of a tremendous amount of property by means of exemptions. Personal property in 1929 yielded $43,000,000, or 37.1 per cent of the total tax revenue in the state in 1929, but should have yielded double that amount, Hoffman insisted. Report of the committee on legal education, presented Thursday by Frank N. Richman, Columbus, chairman, recommended that the supreme court be given exclusive jurisdiction to admit attorneys to practice 1147 in the state. Battle Over Rules The lawyers battled Thursday on a proposal to give the supreme and appellate courts the right to simplify rules of procedure and pleading. The measure was referred to the winter meeting of the association,” which will be some time in January, but after the 1931 legislate e convenes. William W. Miller, Gary, now vice-president, is, according to custom, in line for the presidency at today’s election. Frank N. Richman, Columbus, is slated for the vice-presidency. He has served on the board of managers longer than any member who has not held the presidency. Eyron K. Elliott, former Marion county superior court judge, reviewed the progress that has been made in laws governing aircraft. He said this was a field for anew form of legislation involving an entirely new property right—the air. The meeting is being held in the Commerce building au Indiana university. The meeting will close tonight with an address by Burr W, Jones, Milwaukee, Wis. Marriage Licenses Taylor Trout. 39. of 913 North Capitol, actor, and Martha Eniter. 23. of 913 North Capitol, actress. Jake O Roy. 28. of 520 West New York, painter, and Sadie S. Klrvia, 18. of 334 K Cv h ros H. Caldwell. 28. of 2134 Bait Twelfth, chemist, and Mary E. Bush, 26, of 2330 Colleee. stenographer.