Indianapolis Times, Volume 42, Number 58, Indianapolis, Marion County, 17 July 1930 — Page 12

PAGE 12

AUBURN SCORES SHARP ADVANCE i IN STOCK MART Erratic Swings of Leaders Enliven Trade; Motors Move Higher.

Average Stock Prices

Aveng* of thirty Industrials for Wdned7 235 6*. up 1 64. Average of twenty rail* was 134 18 to unchanged Average of twenty utlllUes was 86 16. up .25. Average of forty bonds was 95.55, up .01. Bu sassed free* NEW YORK. July 17—Trading was enlivened on the Stock Exchange today by spectacular spurts In a number of special issues, but there was no general advance. Leaders such as Steel Common, General Motors, General Electric, Radio. Westinghouse Electric and Radid-Keith. moved In bewildering fashion around their previous closing levels. Auburn Automobile was an outstanding feature of the upside, advancing nearly 10 points to 140, a gain of nearly 50 points. Vanadium Soars Vanadium crossed the 100-level for the first time in weeks, while Electric Auto-Lite. Wrigley Jr. and Loew s Inc. were in demand at substantial advances. Early strength was not maintained and easiness in these shares emphasized the irregular tone. Motor shares were not stimulated to a large extent by the performance in Auburn, and General Motors met large offerings around its recent high of 45. Some of the motor equipment issues moved up sympathetically with Electric Auto-Lite. Rails in Supply Utilities continued to reflect lack of speculative demand, many of them breaking below- their previous closing levels. Rails again were in supply but met support on a scaledown. The credit situation showed little change, aside from a further advance in Canadian funds to a level where gold shipments to that country would be profitable. Another factor in the irregular tendency was the widespread advices of brokerage houses to take profits on the theory the market was entitled to further technical correction.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank Thursday. July 17. $4,336,000: debtts. $8,545,000. CHICAGO STATEMENT By r nited Pres* CHICAGO. Julv 1 7 --"®* , iSu C ! C ann Ks. 8155.600.00; balances. $42,400,000. NEW YORK STATEMENT Bu f'nitrtl I*rr*n NEW YORK. July 17.-Bank clearings. *1 089 000 000: clearing house balance. *178.000.000 federal reserve bank credit balance. $151,000,000. TREASI RY STATEMENT , Bu l nited Press \ WASHINGTON Julv 17.—The treasury f&Mt balance on Julv 15 was *215.<43.43.40. Ba .mment expenditures for the same day ’Were $7,546.235 63: customs receipts for the month to that same date were sll.516.180 03

New York Bank Stocks

-July 16Bid. Ask. America f 7 .. Bank of United States .. 43 * 44' Bankers 1 4 '* 74 f Central Hanover 348 352 Chase National ..•••• 13?'* 140, Chatham Phoentx National 10a 108 Cltv National |3?' 140' Corn Exchange >6l 163 Commercial 4 ' 4 ;* First r 'National’ 6.92* 5.000 Guaranty 632 635 Irving - 32 52 i Manhattan k Cos 110' 111' Manufacturers ?8 99 ' New York Trust 34 1 344

Local Wagon Wheat

Cit grain elevators are paying 75c for No. 17 red wheat and 72c for No. 1 hard wheat. OCEAN LINES MERGE Seven Steamship Firms Consolidate Into Three Units. Bu ( nited Press WASHINGTON. July 17—Consolidation of seven steamship lines operating between gulf ports and ports in the British isles. Mediterranean Sea and Europe into three units has been approved by the United States shipping board, it was announced today. The consolidation was recommended to the board by the Merchant Fleet corporation and provides rearrangement of the seven lines into three groups, one each to sene the Gulf-Mediterranean route, the Gulf-United Kingdom route and the Gulf-Continental Europe route. VISIT OF POPE DENIED Vatican Refutes Report Pius XI Will Leave City This Sumer. Bu United Press VATICAN CITY, July 17.—Although 3 semi-official statement from the Vatican denied that Pope Plus XI would leave the city for a rest this summer, it was believed possible today that he might shortly pay a brief, unheralded visit to Castel Gandolfo, onr of the estates returned to the papey under the Lateran accords. Reports had been circulated in Rome that the pope would spend the summer at Castel Gandolfo. Monte Casino or the Aosta valley, and the semi-official statement was issued to deny them BULLET STRIKES AUTO Driver Is Startled by Mysterious Incident at Garfield ParkDriving through Garfield park early today C. E. Furnish, 923 Pleasant Run boulevard, was startled by a bullet passing through the windshield of his auto. The bullet went out an open window without causing further damage. Furnish reported the incident to Matt Schaefer. 2321 East Garfield drive, custodian of the park, who informed police. The shooting occurred near the north entrance of the park. Furnish said he saw no one who might have fired the shot. Egyptian Rioting Is at End £• United Press LONDON. July 17.—Complete quiet In Alexandria Egypt, where numerous deaths and injuries occurred In rioting on Tuesday, Wks -resorted by the admiralty today*

New York Stocks 1 ■" <Br Thomson 6k McKinnon)

Kailread*— JSE!' High. U>w. 11,30 close. Atchison M'i 230'i *2l * ?' I Balt * Ohio 10**4 10*'. 106*. 10**4 Che** & 0hi0... I*l*. I**’. 1** J 7 ®*, Chi Ort West Chi N West .il* ! r D T A p ... ... I lOel LAW 114*. IM* j Del & Hudson 10 ISB Erie 43 • Great Northern K Ou!f Mob A Oil .j.-i,, Illinois Central.. .. ... HO* Kan Cltv So ... 63’* ... O*** ,s?* UK; A T....... ' 43 *• .IJx! sfvsskrv..- w* I, 5 tVh* 8 Wi in* iM' Ifi Nor Pacific * Pennsylvania ..*2 So Pacific .... 7 i?, 4 'I?,. Southern Rv 97' 97 * 97 ?*,! It Paul ota:::: |j; Wabash 36 35’, 36 35 . Equipment*— , 7 . Am Car 6c I. Aci Locomotive. If,* Am Steel Fd ... 39*. 39’. 39 s . 9 |, 8 Gen Am Tank... •* General Elec .. *l% 7 0' *o' fj • Oen Rv Signal 81 ? N V Air Brake.. • • ga' Pullman ® 9 ®* * 85 30it Westlngh Ar 8.. ■■ wit, 144’ Westlngh Elec ..145 s . US's 143 2 144 . Robber.— jjt, 'Firestone 2 2' \Goodrich ;* 3 ; t * Goodyear .. ... •% *' *' * % Kellv SDrefid 7 V 57, Lee Rubber •• 2 4*. U 8 Rubber 345 34 34 Motor*— 131?. SSKSr *<‘ BSSSS K.v..* j;j .ft General Motors.. 4544 a 351 2 Hudson 3SJ. 3> 35 N H'lPO 23> J|*> 56 \ '57 Mbc< * , ii3. 14\ 14 Marmon *4'? l* • iji; 37ij Nash 38*. 37', , * Packard 73 * ‘J, }o 9 s , Studebaker 34 34 j 34 • Yellow Truck 2<*. 27’, •• * nI£X?BSSS£m 34 if i O Y Warner.... g* g 20'. Campbell Wy .. 21fa 31 - ' 2( j Eaton 30 64' 2 El Storage B •• -i,, , 2 Houda 2>4 12’4 1- 4 “ Haves Body .... .. -2; 25 vi Motor Wheel .. 25*. 25 2b Sparks W 21 7 . 21 4 3 ‘ * Btewart Warner. .. - ■ i? . . Timken Roll .... 6** 63'. 65 Am sEeV 64 5 ‘ 4^ Am Zinc 9 '4 . 9 V 4,1* Anaconda Cop.. 4 9*. 49 *?,• f|,* Cal 6c Hecla 15 * Cerro de Pasco Domes Mines .. .. ••• .1 8 'ioj/. Freeport Texas. 4-T 43 *, It, * Granby Corn “.a Great Nor Ore 22 '• '^7,. Howe Sound -i;,, 5? 5 . 24 5 . Int Nickel 24*i 24*. 24 4 < Inspiration •• ? ,- Kennecott Cop..3’i 38 4 38 3 . I Magma Cop Miami Copper f2 3 * Texas"°Gul Sui.. 56H ss.5 s . 66*. 55 s , V S Smelt 19 18 14 OHS "■ no|' 111' Amerada .. ••• 2?,* o^3^ Am Republic.... 21 l 420 * 21 * 20,4 At! ReilninK 38N 3i 4 j. i Barnsdall 25*. 25 25 2554 Houston 87’. 86 . 87 ? 85 , Ind Oil 34 33 ’* ?? * Indian Refining.. .. is,. La go OU ..... 39 i 38 * 39 Mex Seaboard.. 25 2 25 4 25 25 Mid Conti 25'. 34 * 24 . 25 Pan-Amer < 8.. 59;s 58. 59 ,2 59 Phillips 34*. 341. 34-4 34 4 Pr Oil & Gas. .. 38 s . 37*4 37 * 37 2 Pure Oil .... ... 22’* ... 22'* 22*4 Richfield * B S , f?,, Roval Dutch 54*. 54 2 54 . 54 2 Shell Un IJ’. 19 * 79 ‘ I® 8 Simms Pt 24 2 23 . 24J. 22 . Sinclair 28' 25 _• .52 .4 2 tlcellv .... 32*4 32 32'2 32 Standard of Cal 63’* 63] 3 63'4 63 . Standard of N J 74*4 74U 74]a Standard of NY 34 33, 33 2 33 ,2 Am rJiTmills 59* 59 59 58'b Bethlehem 86 80 * 8a 4 o cbfo rs^ei M .::::: 52*1 g 's*** si*; Cruc Steel 79 <8 2 78 2 ... Ludlum 291 'a 28 4 28 4 28 2 Midland 313 301* 31 2 30 Newton f 5TsVe, &5 .'.166*4 lift. 1 4* I’l Vanadium 99** 96'* 99 * 96 * Youngst 38 Tobaccos — , General Cigar . Llg & Myers B. . ... . 95* 9 5'a LorlUard 22 21 s . 21 * 20 Phil Morris .... ••• •••, 77 , Reynolds Tob... 51 50’. 50 v “0 Tob Pr B 4 W 41a United 7 6 * Utilities — Abitibi 38 ? •ii,. Am For E pSr::::: *6*; '.i jo;. 4 |oj, A 1 !- &*T &L * ".‘.2i7'2 2i6'2 216-; 217'; Col Gas & E 1... 66 5 . 66*. 66*. 66*. Com & SOU 14*. 14' 14 * 14 * El Pwr 6i L 1.... 74 4 73*. 73J* <4 , Gen Gas A gfiWl-u:; if*: tU No Amer Cos 100*. 99'2 99>a 100^. So Cal Edison... ® 9 ,* 59 2 Std GAc El 94’4 94*. 94 • 94 . United Corn 34' 2 34 34 * 34, Ut Pwr &LA 34' 34 West Union I*® 169.2 Am h lnti n CoriJ... 36 35’. 35’. 35 5 . Inti Mer M nfd 337 33 No Gm Lloyd United Fruit 93 , 93 * Foo4s— 53*i Am 6 4 Armour A .* Beechnut cSnmv S?-5 • Childs Cos j??.; COra C Baktng A. 25 s , 35 25' 26' Corn Prod ..... ••• ’i*,- in Cudahy Pkg 40 * Cuban Am Bug. .. ••• --2 * Oen Foods 56 55 , 55], 56 Grand Union ... 15' 15 ■ 15 . 15 Hersey 2 Kroger l "** 27 '26 27 27 N*t*BlSCUlt .... 86*. 86*. 86 , 86' Plllsburg 34’. 34' 34 2 34 Safeway St .... J' 8 *i: Std Brands 21 20’. 20 a 21 Ward * Oo?v"l£c’ 20 1 2 20 "2 Lambert Cos ... 88’. 88 88 88J. Lehn k Fink 29 ' Industrials — , Am Radiator ... 26U 26 s 26 s CerUinteed .... .. ••• J® 12 4 Cen Asohalt 46-4 46' 46 2 47 Otis Elev 65' 65 65 ' 6a' Indus Chem.— ... Allied Chem .... , 3 6 265. Com Solv 35 s . 25 4 25 * 24 , Union Carb <3*. <2' ,<2 2 7 | U S Ind Alco ... 79 77*. <9 <*'

Produce Markets

Eggs (Country Run'—Loss off dellverd in Indianapolis. 16c: henery Quality. No. I. 50c: No. 2. 13c. _ , .. Poultry ibuvlna prices—Hens, welshing ;H lbs. or over, lie: under 4 , .4 lbs.. 17c: Leghorn hens. 14c: springers. 2V4 lbs. or over 21c: under 2i* lbs.. 18c: Leghorn springers. 14c: old cocks. 9®loc: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 top ouaUty ouoted bv Klngan & Cos. Buter (wholesale) —No. 1. 38339 c: No. 2 36 5 37c. Butterfat—33c. Cheese (wholesale selling price per ooundi American loaf. 31c: pimento loaf. 32c- Wisconsin firsts. 27c: Lognhorns. 34c: New York Llmberger. 36c. P NEW YORK**Julv 17.—Flour—Quiet and 1 easv: spring patents. 35.20 6 5 50. Pork— Steadv: mess. 331.50 per barrel Tard ; Firm; middle west spot. 39 8569.95 bar--1 rel Tallow—Firmer; special to extra. ! S',6sNc. Potatoes—Quiet and firmer; I Long Island, 3363.25; southern basket. 33 38 barrel. Sweet potatoes—Quiet. Sweet potatoes—Quiet: southern baskets. 75ci55.50: Jersey baskets. 3264 Dressed | poultry—Steady: turkeys 20644 c. chickens. 17635 c: fowls. 14629 c: ducks. 12® 15c- ducks. Long Island. 13ft 18c. live poultry—Steady: geese. 106 12c: ducks. 12 6 23c; fowlsT2on39c: turkeys 15625 c: , roosters. 15616 c: broilers. 15635 c. Cheese —Quiet: state whole milk, fancy to spei dal. 25636 c; young Americas. lr'.iasSc. > Bv T'nitrd Press 1 CLEVELAND. July 17.—Butter—Extras. 35c: standards. 34'iC. Eggs—Extras. IlHc: firsts. 30c. Poultry—Fowls, 24c; medium. , 23c: Leghorns. 15620 c; heavv broilers. 35 ft 32c: Leghorn broilers. 206 23c; ducks, 13 620 c: old cocks. li®l4c; geese. 10®15c. 1 Potatoes—No Quotes. F CHICAGO >r Ju'lv 17.—Ergs-Market firm; receipts. 8.830; extra firsts. 21621'iC; firsts. 20 ! rc. Current—l9®l9c; ordinaries. 17618 c; seconds. 15'*. Butter— Market firm; receipts, 7.655; extras. 35c: extra firsts, 31‘*633 { *c: firsts 30631 c; seconds. 28$39'*c: standards. 34'*c. Poul-try-Market easy: receipts. 3 cars; fowls. 30ti®21c: springers, 29c; Leghorns. 16*jc: ducks. 13615 c; geese. 16c; turkeys. IRc; roosters. 15c; broilers. 21c. Cheese—Twins. 16616Vc: young Americas. 16616>*c Potatoes—On track. 236: arrivals. 136: ship- ' menu. 1.034: market slightly weaker: Kani sas and Missouri sacked Irish cobblers. 11. East Shore Virginia barrels 1 Irish cobblers. 83.4063.75. j Bv railed Perse CINCINNATI. July 17.—Butter, steady: j creamery tn tub lota, according to score. [33635c: common score discounted. 363 c; packing stock. No. 1. 260; No. 2. 20c; No. 3.15 c: butterfat 31633 c. Eggs—Steady; cases, included: fresh gathered. 226 c: firsts. 20c: seer -ids. 17'ic: nearby ungraded. 20c. Live pouxtrv—Thin and coarse stock sells 1 only at heavy discount; fowls. 5 lot and over. 30c: 4 lbs. and over. 19c; 3 bs. and i over. 19e: Leghorns. 3 lbs. and over. 16c; i roosters. 13c: colored fryers oyer 3 lbs.. i 32c: broilers, colored over 2 lbs.. 28c: < broilers over IV* lbs.. 34c: IV4 lbs. and foyer. 23c: Leghorn and Orpington broUera. (over IV* lb- 33*jc: It* lbs. and over. 19c: broilers, (ttrily feathered. 17620 c; black (sxiactrs. QOe.

Retail Store*— . .... ... Assoc Drv Ods.. 35 3t’ 34’. 35 Gimbel Bros I|’ Kresge S S ... 3 |' 38 8 May D Store 47 45 4i 45 Mont Ward 36' 35** 36' 36 Penny J C 58 57 58 57 Bcnulte Ret St ~ •■ ■ •* Sears Roe 67’i *7' 67 . 6.*. Woolworth .... 58' 57*. 57'4 58 2 Col Graph 17' ..l*’, 7 <*. ,J 7 8 Eastman Kod .. 313 211 212 211 Pox Film A ... 46' 4b' 46;. 45 Grlgsbv Grunow 14' 14 4 14' IJ’j Loews Inc 72' 72'. 72' 71' Param Fam 60*4 60 * 60’, Radio Corp 41 40’'7 40 s . 41' R-K-O 35 s , 34' 34’, 35 Schubert * 17' 17 Warner Bros .. 44 43' 44 43 s , Miscellaneous— Airway App ... .2 79 f ]|J. Congoleum 12*, 12' 12* 12' Am Can 128' 126' 127’, 126 s , Cont Can 59 56' 58' 58*. Curtiss Wr 7’, 7J* 7 ' Gillette SR 76' 73' 75 76' Real Silk ... 4 0*.

In the Stock Market

(By Thomson 6c McKinnon) NEW YORK. July 17.—Announcement of the revised consolidation plans surrounding the Sinclair Oil Company in the first move of this nature we have had for several months, and is a good indication of how financial minds view the outlook. Such a program would hardly be undertaken if it were not felt that the market conditions were right and business promising. Other merger developments which have had to be sidetracked may be brought to 1 - life. The oil industry has done Jte part in business generally. With the background of increased activity promised in three of the major branches of industry, steel, motors and oils, together with plenty of ammunition in the form of cheap money, constructive efforts marketwise should bear fruit. We question that the market has recently suffered any impairment and believe moderate reactions as they occur should be taken advantage of to make purchase of the good stocks. NEW PACKARD HOME IS OPENED TO PUBLIC Formal Ceremony Held at ?"00,000 Citizens Company Building. With several luxurious motorcars on display, the new building of the Citizens Motor Car Company. Packard distributors here, was opened formally at 9 this morning by Ted Byrne, manager. The new structure, costing $300,000, recently was completed at 1510 North Meridian street. The company last December signed a ninety-nine-year lease on the site. Two airplane motors developed by Packard, pioneers in oilburning engines, and two Packard marine motors arrived in the city Wednesday for showing at the opening. SHIPPING COMPANY IS ORGANIZED HERE Delivery Service to Be Provided on Freight Shipments. Formation of the Southern Pacific Transport Company for the purpose of providing shippers and receivers of freight with a delivery service on less-than-carload freight was announced today by Lyon Liston, general agent in Indianapolis of the Southern Pacific lines. The service will be started Aug. 1 on the Texas division of the lines and extended later. SPANISH KING IN CRASH Alfonso Escapes Injury in Collision With London Woman Driver. Bu Vnited l rest LONDON, July 17.—King Alfonso of Spain escaped injury today when the automobile in which he was being driven to Buckingham Palace collided with that of a woman driver. The king leaped from the machine and rushed to the side of the woman motorist, shaking hands with her and assuring her there was no damage done. The woman failed to recognize London's royal visitor. Other Livestock By Timm Special LOUISVILLE. Ky.. July 17.—Hogs—Receipts. 500: market. 15c higher on 225 lbs. up: 165-225 lbs.. $9.65: 130-165 lbs.. $8.85; 130 lbs. down. $17.15; roughs, $6.65; stags, $6.05. Cattle—Receipts. 100; market dull to lower; prime heavy steers. [email protected]; heavy shipping steers. $7(48: medium and plain steers. S6O 7: fat heifers. $5®8.50; good to choice cows. $44i6; medium tc good cows. $3.25#4; cutters, $3.25; canners. $2'52.75: feeders. s6oi7; stockers. $5 iff6. Calves—Receipts. 300: market, steady: choice. s9.soffjlo: medium to good. $8.504i 9.50: common to medium. s6'3'B. Sheep— Receipts. 1.800: market. 25c lower on tops; others steady; ewes and wether lames, $9.25: buck lambs. $8.25; seconds. $4.50ff5; clipped lambs. $2.50')) 3.50. Wednesday's shipments: Cattle, none; calves, 275: hogs, 163: sheep. 1.298. NEW YORK COFFEE RANGE High. Low. Close. March 6.10 5.88 5.91 May 6.00 5.79 5.83 Julv 6.59 6.58 6.58 September 6.62 6.40 6.40 December 6.23 6.00 6.08 Birihs Boys Russell and Dorothy Duke. 865 Bosart. John and Vera Spears. 616 Laurel. William and Opal Pittman. 439 West Thirty-first. Orville and Myrtle Hulse. 4441 Baltimore. Haskell and Anna Bridgewater Methodist hospital. Albert and Blanche Voges, Methodist hospital. William and Amelia Pearcv, Methodist hospital. Si and Blanche Williams. Methodist hospital. John and Margaret Chapman, Coleman hospital. Ross and Goldie McCoy. Coleman hospital. James and Edna Roberts, Coleman hospital. Earl and Doris Miller. 28 South McKlm. Clyde and Rose White. Coleman hospital. Fredrick and Marie Bushfield, Cos leman hospital. John and Maryann Frisinger. Coleman hospital. George and Ruth Bailey. Coleman hospital. Raymond and Marie Brittain. Coleman hospital. Robert and Mildred Risley, Coleman hospital. Estei and Alene Hall Coleman hospital. Carl and Julia Paris. 2253 North Hiilisdee. Girls Theodore and Hester Con. 829 Drexel. Verne and Myrtle Chapman, Methodist hospital. Pevton and Hilda Prints. Methodist hospital. Herbert and Mamie Vogelsang. Coleman hospital. Edwin and Jessie Elliott. Coleman hospital. Odie and Frona Grubbs. Coleman hospital. Walter and Tommie. 2250 North Capitol. Fredrick and Jeanete Huston. Coleman hospital. Raymond and Evelyn Hendrick. Coleman hospital. John and Estele Vail. 238 South State. Herbert and Zola Parks, 2153 Kenwood. George and Geneva Milder. 1136 South Keystone. Thomas and Mary Barnett, 1245 Bridge. James and Helen Johnson. 3157 North Gale. Twins James and Edna Roberts. Coleman hospital. boys. Deaths Alice Shannon. 48. 649 Blake, acute myocarditis. Simeon Stark. 55. 1230 West Thirtieth, acute cardiac dilatation. Allie R. Brackett. 49. 1003 South Rybolt. chronic myocarditis. Bernice Griner. 30. Methodist jospltaL hypostatic pneumonia. Ella Robinson, if. city horoitnl. acute neshritia.

THE INDIANAPOLIS

STRONGER TONE RULES PORKERS AT LOCAL PENS Dull Trend Continues Hold on Cattle; Vealers Unchanged. July Bulk Top . Receipts. 10. 9.504i 9.75 9.85 5.500 11 9.6045 9.90 10.00 5.500 12. 9.706x10.00 10.00 3.000 14. 9.40®9.75 9.75 8.500 15. [email protected] 9.75 5.000 16. 9.50f9.75 9.85 6.000 17. 9.60S 9.85 9.85 4.000 A steady and higher trend was apparent in hogs this morning, prices at the Union Stockyards moving up 15 cents on most classes. The bulk, 160 to 250 pounds, sold for $9.50 to $9.85. Top price paid was $9.85. Receipts were estimated at 4,000; holdovers were 389. Slaughter classes held the slow tone prevalent this week in the cattle market. Receipts were 600. Vealers were steady, selling at sl2 down. Calf receipts were 600. Sheep and lambs were little changed, good and choice lambs selling at $lO to sll. Chicago hog receipts were 18,000, including 5,000 direct. Holdovers were 7,000. The market opened fairly active with prices 15 to 25 cents up; 150 to 210-pounders brought $9.60 to $9.70; 280 to 300 pounds, $8.50 to $8.90. Cattle receipts were 6,500; sheep, 11,000. HOGS Receipts, 4.000; market, highei. —Light Lights—-(l4o-160) Good and choice $9.60® 9.75 —Light Weights—-(l6o-180) Good and choice 9.85 180-200) Good and choice . ... 9.85 —Medium Weights— „ „ (200-220) Good and choice 9.70f 9.75 (220-500) Good and choice 9.60® 9.75 —Heavy Weights—-(2so-290) Good and choice 9.10® 9.35 (290-350) Good and choice ... B.Bo® 9.10 —Packing Sows— _ (275-500) Medium and g00d.... 7.50® 8.2a —Slaughter Pigs—-(loo-130) Good and choice 9.00® 9-50 CATTLE (Slaughter Classes) Receipts, COO; market, steady. - —Steers—-(6oo-1100) GoO'l and choice Common and medium 6 50® 9.50 (1100-1500) Good and choice Medium 7.00® 9.00 —Heifers—-(sso-850) Good and choice 9 ®95 7 5 I5 Common and medium 6.00® 9.00 Good and choice 6.50® 8.00 Common and medium 5.00® 6.50 Low cutter and cutters .2.50® 5.00 —Bulls (Yearlings excluded)--Good and choice (beef) 6.25® 7.50 Cutter, common and medium... 4.00® 6.25 CALVES and VEALERS Receipts. 600; market, steady. VeaJers (Milk Fed) „ Good and choice Medium InSf^Hn Cull and common •••••••• 6.00® 8.50 Calves (250-500) Good and choice 7-595S 2' 8 S CO TTO n CKE d R "aND "FEEDER Good and choice * so® 8.00 Common and Good and choice f'Snil fi'so Common and medium 5.00® 6.50 SHEEP AND LAMBS Receipts, 1,600; market, steady. Good and choice * l fi'sofflOOO Common and medium 6.50®10.00 Medium and choice 2 -50® 3.50 Cull and common 7 -00@ 3 - 50 Other Livestock Bu United Press CHICAGO. July 17.—Hogs—Receipts. 18,000: including 5.000 direct; more active mostly to shippers and small killers, 15® 25c up: big packers holding back; top, $9.80; light lights, 140-160 lbs., good and choice. $9.25® 9.65; lightweight, 160-200 lbs. good and choice $9.50® 9.80; mediumweights 200-250 lbs.. $9.10®5.65: heavyweights. 250-350 lbs., $8.40® 9.20; Packing sows. 275-500 lbs., medium and good, $7.25 @8.15; slaughter pigs. 100-130 lbs., good and choice. $8.60®9.25. Cattle —Receipts. 6.500; calves. 2,000; little more active on steers about steady; she stock very dull; steers, 600-900 lbs., good and choice. $9.25 @11; 900-1.100 lbs., good and choice. $8.75 @11; 1,300-1.500 Tbs., good and hcolce. $8.50 @ll- 600-1.300 lbs., common and medium, [email protected]: heifers. 550-850 lbs., good and choice s9® 11; common and medium, $5.50 @9; cows good and choice, *6.50®8.50; common and medium. [email protected]; low cutter and cutters, $2.75„@4.75: bulls (yearlines excluded), good and choice beef. $6.75 @8; cutter to medium, $5.50®7; vealers (milk fed', good and choice. $11.50® 12.75: medium $10ffll.50; cull and common. $6 @10; steers, 500-1.050 lbs., good and choice, [email protected]; common and medium, $5.50® 7.50. Sheep—Receipts, 11,000; asking steady bidding around 25c off or mostly $10.25 on sorted lambs: early top $10.75; best western held around $11: fat ewes, s3® 1.75; feeders unsold: lambs 90 lbs. down, good and choice. slo® 11; medium. $8.50 @10: all weights common. $6®8.50; ewes 90-150 lbs., medium to choice, $2.50@4; all weights cull and common, *1®2.75; feeding lambs. 50-75 lbs., good and choice, $7.25®8. Bu United Press PITTSBURGH. July 17.—Hogs—Receipts, I. market, steady to 15c lower; 170200 lbs.. slo® 10.10; 120-160 lbs.. $9.50® 10; 210-240 lbs., [email protected]; 240-300 lbs.. [email protected]; sows. [email protected]. Cattle— None. Calves—Receipts. 50; market, steady, top vealers, $12.50: medium choice, $10.50 <u 12. Sheep—Receipts, 750; lambs, slightly off: others steady; choice lambs. $10.25® 10.50; yearlings $7 down; good ewes, $2.75 @3. Bu United Press FT. WAYNE, Ind.. July 17.—Hogs—Market, s@lsc higher: 90-120 lbs.. $8.90: 120140 lbs.. $9.15; 140-160 lbs.. $9.40; 160-180 lbs., $9.55; 180-200 lbs.. $9.65: 200-225 lbs., $9.55: 225-250 lbs.. $9.35; 250-275 lbs., $9.25; 275-350 lbs., $8.80: roughs. $7.25; stags, $5.50; calves, sl2; lambs, $9.50. Bu United Press CLEVELAND. July 17.—Hogs—Receipts. 100; holdover. 83; opening steady. 160-220 lb. weights at $9.90; generally asking $10; nothing done in other weights. Cattle— Receipts. 300: steer run mostly common grade, undertone weak: trading at a standstill. she stock and bulls low. weak to 25c lower: beef cows. $5@,6: all cutters. s3® 4.25: medium bulls. [email protected]. Calves—Receipts. 325: early bid weak to 50c lower: bidding. $12.50@13 on good and choice vealers. Sheep—Receipts. 800: no early sales: outlet narrow; invitations lower on lambs. Bu United Press __ , . EAST ST. LOUIS. 111.. July 17.—Hogs— Receipts. 8.000: market, uneven. 15@30c off: lights up most. sows. 10c up: bulk. 150-240 lbs.. [email protected]: top. $9.80: 270325 lbs.. $8.90® 9.35: sows, mostly. $7.60® 7.65. Cattle—Receipts. 2.200: calves, receipts. 1.200; market, slow; indications about steady on feed steers: bidding lower on western steers and beef cows: heifers o na catch as catch can basis: low cutters and medium bulls, steady: good and choice vealers. 75c to $1 off at <ll @ 11.25: top sausage bulls. $6.50. Sheep—Receipts. 2.500: market no early sales: indications about steady; asking [email protected] for desirable lambs. Bu United Press CINCINNATI, 0.. July 17.—Hogs—Receipts. 2.805: including 1.265 direct: held over 210; butchers 170 to 240 lbs. steady to strong; others mostly steady heavies, slow; sows steady to weak; bulk desirable 170 to 250 lbs.. on 220 lbs. dwon; some 280 to 300 lbs.. [email protected]; better grade. 120 to 160 lbs. largely $9.50; sows, si.so@ 7.75. Cattle—Receipts. 425: ctlves, 200; slow: lower grade grass steers and heifers steady to weak, with Wednesday's decline; all grades cows weak to 25 cents lower: some bids on beef cows 50 cents or more lower: bulls mostly steady at $7 down; vealers 50 cents to $t lower, mostly $1 lower: late with demand narrow; odd lots common and medium grass steers and heifers. $5 [email protected]; bulk low cutters and cutters. s3@ 4.25: top bulls, $7; good and choice vealers. $9.50@11: lower grades. $6 ■g 9. Sheep—Receipts. 2.000: lambs slow, largely 50c lower: sheep unchanged: good and choice lambs. slo® 10.50: common throwotus largely [email protected]; light inferior kinds around. $4; buck lambs. s7@B; fat ewes, s2@3; choice handy weights, $3.50. Bu United Press EAST BUFFALO. N. Y.. July 17.—Hogs— Receipts. 1.000: holdovers. 400: mostly 250 lbs. down including pigs steady: weightier butchers and sows. 1525 c lower; 220 lbs. down. [email protected] : 230-260 lbs.. $9.60@10: weightier butchers. [email protected]; packing sows. $7.75@8. Cattle—Receipts. 250; all classes late Wednesday's fully 25c lower: spots off more on steers; today's trade slow. weak, with steers 50c and cows and bulls fullv 25c lower than Monday: few common lightweight steers around $7 or less: fat cows ss@6: cutter grades. s3® 4.50: medium bulls. [email protected]. Calves— Receipts. 150' market, steady; good to choice vealers. s!3@ 13.50: common to medium. $8.50® 11.50. Sheep—Receipts. 1.400iambs. 50c lower: bulk better Trade. Sllff 11. common throwout mostly around. $8: fat ewes steady at $2.50® 3.50. Bu United Press TOLEDO, July 17.—Hogs—Receipts. 250: market, slow on heavies; light butchers, steady to strong: heavies. $8 25® 1.50; mediums. $9.15®9.25; vorkers. [email protected]; pigs. [email protected]. Cattle—Receipts, light, market, slow. Ctlves—Receipts, light; market. 50c lower. Bteep—Receipt*, max)wt,

BELIEVE ITORNOT

(Ml meto.cnohuu tmtz/i& feetM/ — MEANS^J/ ”in MARQUESAS LANGUAGE V ' * v HEAT jfj BoJI'aDIMEDampen a^soda U)2J H- ALLEN. frie.lU- l WILLIAI’A ROBIMSOM 3) Joae 30,1^57 just died at the age wad 7chances and made 7 errors YEARS $ 1330, SSat r4turt* S,nd.c4t4, tna. Grwt Brit*in right* nvrvt*

Following Is the explanation of Ripley’s “Believe It or Not,” which appeared in Wednesday’s Times: “Owney,” the Dog That Traveled Around the World Alone—This remarkable dog has been preserved as an exhibit in the Smithsonian In-

Dow-Jones Summary

• Chain Stores Development stockholders approve increase in capitalization to 500.000 shares no-par common from 200.000. Company contracts to acquire minority holdings' of Standard Dairy Stores class B and will hold all of subsidiaries Class A and B shares. Bank of Ens/and statement as of July 17. shows circulation 365,120,000 pounds, against 363.832,000 pounds July 10. Ratio 44.3 per cent against 45.8 per cent and bullion 150,371,000 pounds, against 136,585,000 pounds. London. New York cables opened at 12.087, Italy 92.875, Berlin 20.372. common, 50 cents on preferred and preference BB and 5 cents ° n .P refere s c *,,®' declared all payable Sept. 1, record Aug. 15. Ford Bacon & Davis gets contract for 140-mile section of 950-mile linF from Texas Panhandle to cnieago projected by group of utility and oil companies and to be under supervision of Continental Construction Company. Sinclair Oil and Gas and Independent Oil and Gas well in Oklahoma City field brought In at rate of 30.000 barrels of oil and 26,000,000 cubic feet of gas daily. Declaring an emergency exists In Germany. Chancellor Bruening obtained President Von Hindenberg 6 signature to enactment of government s financial program by decree after defeat of bills by reichstag. Bank of Germany statement as of July 15, shows gold reserves 2.618,700,000 marks against 2.618,800.000 marks on July 7. and circulated 4,186,900,000. against 4.492.600.000. rhesaneake k Ohio designates July 30 as record date for 4-for-l split-up of SIOO par common into new $25 par common. rtreat Lakes Dredge and Dock declared quarterly dividend of 25 cents on new stock equal to $8 annually paid on old stock which was split 8-for-l. United States district court of appeals at Philadelphia sustains validity of a oatent on no-shatterable elas;s for automobile windshields owned by the Triplex Safety Glass Company in Duplate Corporation suit. United States shipping board approved consolidation of seven gulf lines which will be rearranged Into three units. Chrysler Corporation announced two lines of straight eight-cylinder cars first bearing Chrysler name. Warner Brothers Pictures. Inc., balance a*; of March 1. last, shous total assets of $178,871,939 against 5167.189.024 on Aug °3l 1929. Surplus $16,976,576 against $12,435,878. Bridgeport Machine Company six months ended June 36. profit $150,318 after expenses and depreciation, but before federal taxes, against $93,669 in first half 1929. Mathieson Alkali Works June auarterly earnings were 81 cents a share on 650.380 common shares, against 16 cents ® on 650.436 shares in preceding auarterand 96 cents a share on 588.328 shares In June--192. quarter. Six months $1.57 against $1.75 a share. Bank of France statement of July It. shows gold, 44.457.000,000 francs against 44,169,000.000 July 4. Circulation, 72.858 - 000.000 against 73. 259.000.000 and ratio 50,98 per cent against 50,58 per cent. Purity Bakeries Corporation in twentyeight weeks ended July 12. earned $3 a share on 805,060 common shares against V 3.45 a share on 805,111 shares for like period July 15, 1929 Harbison-Walker Refractories Company estimated earnings for quarter ended June 30. last. 74 cents a common share against 88 cents a share in like 1929 quarter. Public Service Commission denied petition of Brooklyn Union Gas Company for permission to sell coke oven gas plant at Greenpoint to Brooklyn Coke and Products Corporation a subsidiary of Koppers Company. Coast Counties Gas and Electric net $510,846,846 for twelve months ended May 31. against $389,914 in year preceding. Zinc price strengtnened with 4.20 cents a pound paid for August prime western shipments. Low for the year 4.10 cents. Philadelphia federal reserve bank made no announcement on rediscount rate which is 3' per cent. Hershev Chocolate directors vote to cancel $6,744,000 of the 6 per cent prior preferred stock previously purchased and held in its treasury. Panada Dry Ginger Ale in quarter ended June 36, earned $3.29 a share on 516.684 shares, best quarter ever experienced, against $2.18 a share on 568.683 shares Jn June quarter 1929. Nine months i'4 64 a share against $4.71 a share In 1929 period. Standard 11 Company of Pennsylvania has purchased retail marketing facilities of the Wavatly Oil Works Company, consisting of thirty -five service stations sad 400 dealers.

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

stitute. and was also on exhibit at the Sesqui-Centennial in Philadelphia in 1927, as the first and only dog to travel around the world alone. Owney attached himself to the postoffice railway mail service in the early ’Bos of last century, and

SINCLAIR PLANS HUGE EXPANSION Billion-Dollar Program Is Under Consideration. Bu United Press NEW YORK, July 17.—An expansion program which is expected to swell its resources to more than a billion dollars was reported today to be under consideration by officials of the Sinclair Consolidated Oil Corporation. Following its recent acquisition of an extensivee marketing organization in the southwest, through purchase of the assets of the Pierce Petroleum Corporation, reports were current today of a revision of Sinclair’s plan to take over both the Prairie Oil and Gas Company and the Prairie Pipe Line Company. According to reports, Sinclair shortly will sell its half interest in the Sinclair Pipe Line Company to the Standard Oil Company of Indiana. owner of the other half, and will in the future obtain its crude supplies from the Prairie Pipe Line Company. Another step in Sinclair’s ambitious expansion program was said to be the acquisition of the Tide Water Associated Oil. which has large retail outlets on the Pacific coast. RESCUED FROM WELL Trapped in Cave-in, Michigan Man Suffers Mild Shock. Bu United Press GRANDVILLE, Mich., July 17 Mild shock was the only ill effects Henry Paul, 63, suffered from his eighteen-hour imprisonment in an eighteen-foot well here. He was rescued early today. Paul, a former Wyoming township justice of the peace, was trapped in the well by a cave-in. He had been digging in it and was starting to climb out when the sides crumbled. Using a ten-quart pail and pulley, a crew of rescuers headed by Paul s son, Tommy Paul, former middleweight boxing champion of Michigan, worked steadily, but cautiously, to clear away the sand and gravel. NAME GERMAN DICTATOR Chancellor Bruening’s Duties Confined to Financial Program. Bu United Press . _ BERLIN, July 17.—Chancellor Heinrich Bruening entered upon a partial dictatorship of Germany today to effect the financial reforms which the Reichstag for weeks has refused to authorize. The dictatorship, which President Paul von Hindenburg sanctioned under Article 48 of the German constitution, was confined solely to the financial program for the present, and did not give the chancellor the far-reaching and unlimited powers customarily attributed to a dictator. WAR CLOUDS BREWING Gerard Says Franco-Italian Breach Only Matter of Time. Bu United Press NEW YORK, July 17.—Many in Europe are talking of war between France and Italy, James W. Gerard, ambassador to Germany under President Wilson, said today upon arrival from Budapest. He suggested it was oniy a question of time before France and Italy will go to war. Young Hoover to White House Bu United Press BUFFALO, July 17.—Allan Hoover, younger son of the President, was en route to Washington today for a visit with his. ~ts at the White House.

P<-wt- Patent Office JLP t Registered U. S. RIPLEY

was considered as a mascot on any train he selected to have the honor of his company. Reference: “Nature Magazine” of January, 1927. Friday: The Tallest One-Story Home.

The City in Brief

FRIDAY EVENTS Indiana Trapshooters’ Association, convention, Sevcrin. Exchange Club luncheon. Lincoln. Optimists Club luncheon. ClaypooL Altrusa Club luncheon. Columbia Club. Knights of Columbus luncheon, SpinkArms. First Ward Republican Club meeting. Clark's hall. 8 p. m. Master Painters Association luncheon. Elks Club. Indianapolis Round Table luncheon, Lincoln. Delta Tau Delta luncheon, Columbbia Club. Reserve Officers Association luncheon. Board of Trade. Delta Chi luncheon. Spink-Arms. G. Bromley Oxnam. president of De Pauw university, will address the Exchange Club at its weekly luncheon* Friday in the Claypool, announcing his subject at the meeting. The Raghray astrologer will answer questions between 11 a. m. and 1 p. m. and 2 to 5 p. m. daily, starting Saturday, at the Leader store. Annual picnic of the Indiana State Florists’ Association will be held Wednesday at Walnut Gardens. A dance, games and baseball tourney form the program. Edward A. Neuman is president of the association. , Voluntary bankruptcy petition was filed in federal court today by George R. Allen, Anderson (Ind.) electrician, listing $3,267 liabilities and $835 assets. U. b. to Rest in Oil Merger Trial Bu United Press NEW YORK, July 17.—The government expected to rest its cause late today in its suit in federal court to restrain the proposed merger of the Standard Oil Company and the Vacuum Oil Company.

iir WILD IN STMENI CO j j p ! North American Trust } Shares | A Fixed Trust 129 E. Market Lincoln 6884

For Prompt Service! Bring: Your Farm Wagon Tires to Be Reset If Needed. Spokes and Bims Furnished. John Guedelhoefer Wagon Company 202 Kentucky Avenue ,

NOTICE CHANGE OF BUSINESS HOURS On and After July 19, 1930 Our Hours Will Be 8 A. M. to 5 P. M. Daily 8 A. M. to 1 P M. Saturday The Meyer-Kiser Bank 128 East Washington Street

cAnnouncement We beg to announce that Mr. John J. Broden is no longer associated with us R. H. Gibson & Cos. Member* Ntw YrW, Chlr**., Cincinnati Stnck Caching** and Chicago Board s t Trad* 320 Circle Tower, Indianapolis Tclcphina Lincaln SMI |OV YORK CINCINNATI lOiT WAIN*

.JULY 17, 1930

GRAIN FUTURES ACT IRREGULAR ON CROP NEWS Reports of Ra'n in Canada Breaks Market Near the Close. Bu United Press CHICAGO. July 17.—Reports of scattered showers In Canad and selling against offers broke the market near the close on the Board of Trade and prices went below the previous close at the last. Buying was more general and there was less bearishness in the trading today, due to more reports benig received of an unfavorable nature from Canada. Corn eased with wheat, but the damage report® gave the market a firm undertone. Oats were dominated by the more active grains. At the close wheat was ’i to cent lower; corn was unchanged to l 2 cent lower, and oats were ' cent loweer to ] s cent higher. Provisions were weak on bellies and strong on lard. Liverpool was somewhat better at the close, only 94 to 1 cent lower, after moving below that figure earlier. A little export business was reported early, some hard winters and a little Monitobas being worked. Cash prices were 7 .® cent lower. Receipts were 3GO errs. Corn maintained a firm tone during the morning, holding a minor fractional gain at mid-session after a forecast for possible showers In lowa, the Dakotas and Kansas had swept away nearly 1 cent of the early gain. The unfavorable reports from the belt, especially lows were the chief factor with good ouying support in evidence. Country bookings were not so large today. Cash prices were unchanged. Receipts were 162 cars. Oats had slight gains at midday except in July which was very tight. Otherwise the market was featureless and little changed. Cash prices were unchanged. Receipts were 42 cars. Chicago Grain Table —July 17WHEAT— Prey. Open. Hiph. Low. Close, close. July.. ,86* .88*4 .86*8 .87 .87'* Sept.. .90*8 .92 V* .89*4 ,90'4 .90** Dec... .96' .98' .95' .96' .96*' Mar.. I.oolb 1.02' I.oo' 1.01 1.0114 CORN— July.. .81 .81' .80' .80' .80' Sept.. .78 .78' .76** .771* .77' Dec... .71 .71' .69*,* .70'/* .70 s ,* OATS— July.. .34 .34' .34 .34'/* .34 Sept.. .36' .36' .36 .36' .36' Dec... .39 s * .401* .39' .39' .39' RYE— July.. .49' .50*8 .49' .49*8 .49' Sept.. .52' .54*, .52' .52’, .52' Dec.. .58'/* .59’/* .58 .58' .58' LARD— July.. 9.60 9.70 9.60 9.62 9.47 Sept.. 9.65 9.65 9.65 9.65 9.55 Oct... 9.65 9 .72 9.65 9.70 9.57 Dec... 9.20 9.20 9.15 9.15 9.10 BELLIES— JulvT '7T. 13 60 14.03 Sept 12-90 13.05 Bu Times Special CHICAGO. July 17.—Carlots —wheat, 282, corn 121 and oats 23. Bu United Press CHICAGO, July 17.—Cash (train close: Wheat—No. 1 red. 90'®90'c; No. 2 red. 90®>90'c: No. 1 hard. 89'@9Q'c: No. 2 hard. 89@90c: No. 3 hard, 88'c. CornNo. 2 mixed. 82c: No. I yellow. 82'@82\c; No 2 yellow. 82® 82'c: No. 3 yellow. 82c; No. 4 yellow. 81'c: No. 6 yellow. 79'®80c; No. 2 white. 84'C. Oats—No. 2 white. 36' @ 37c:'No. 3 white. 35'®36'C. Rye—None. Barley—44® 53c. Bu United Press TOLEDO. 0.. Julv 17.—Grain close: Wheat—No. 2 red, 866ff87'c. Corn—No. 3 vellow. 86@ 87c. Oats—No. 2 white, 41® 43c. Rye—No. 2. 75c. Barley—No. 2. 52c. Clover—Domestic cash. $13.25: prime choice. $13,555: October. sl4; December, $14.25. Alsvke—Cash. $11.60: October. sll 90. Butter—Fancy creamery. 38@39c. Eues —Country run. 17® 19c. Hay—Timothy, ’

Robert K. Tomlinson INVESTMENTS 824-25 Continental Bank Bid*. Indianapolis Lin. MlB

Loser On The Stock Market? You can make investments in oil that may bring big returns. There is now great possibilities in the Oklahoma City Gusher field. Write me for details—you are to be the judge. C. C. JULIAN Cotton Exchange Building Oktahoma City* Okla.