Indianapolis Times, Volume 42, Number 62, Indianapolis, Marion County, 22 July 1930 — Page 12

PAGE 12

STOCKS RALLY AFTER LOSSES EARLYJN DAY Small Gains Made as List Turns Upward; Steel Moves Up. Average Stock Prices Avtrtr* of thirty Industrial* for Monday was 225 29. off 7.36. Average of twenty rail* was 133.41. off 1.44. Average of twenty utilities was 43 *4. off 2 69. Average of forty bonds was 95.55. off .09. Bv T'nitrd Press NEW YORK. July 22.—Better demand was encountered by stocks in the late morning following a decrease of the selling pressure which caused sharp recessions in the list Monday and again at the opening today. Early fractional losses were recovered and small gains substituted by noon in continued quiet dealings. Little enthusiasm was displayed on the upside, however, and most observers were inclined to attribute the improvement to short covering rather than to any outside influence. Monday's declines in both wheat and cotton stimulated support in these commodities. Case Moves Up Gains in stocks ranged from a fraction to 5 points around noon with J. I. Case showing the maximum improvement following its 13'* loss of the previous session. Steel common. General Motors, General Electric and National Cash Register all made gains of nearly a pcint. Dealings in Vanadium and Auburn continued to feature the market, the former rising nearly 3 points to 96'/* and Auburn rising 3 points to 22Vi after selling off to 216 at the opening. American Can recovered more than half of its 5 point loss of the preceding session. Radio a Feature Westinghouse Electric and Radio vrere other features of the recovery. former rose a point over it previous level after sagging nearly two points at the opening on publication of its unfavorable first half earning report. Radio added more than a point after touching anew low on the movement at the opening. Motors developed a better tone following weakness at the opening. Resumption of pool activities in General Motors carried the issi{> nearly a point higher. Firmness in utilities was fostered by strength in Consolidated Gas, which gained more than two points.

Banks and Exchange INDIANAPOLIS STATEMENT Indianapolis bank clearings, Tuesday, July 22. were $3,338,000; debits $6,915,000. CHICAGO STATEMENT Bv T'niterl Press CHICAGO. July 22—Bank clearings $109,500,000; balances $10,400,000. NEW YORK STATEMENT B rr United Press NEW YORK, July 22.—Bank clearings, *1,124.000.000; clearing house balance, $143,000,000; federal ireserve bank credit balance. $122,000,000. TREASURY STATEMENT Bv T’nited Press WASHINGTON. July 22 —The treasury today reported a net balance on July 19 of $207,583.617 09: expendlutres for that day were $10.648.429 04. and customs receipts for the month to that day were $15,689,629 31. Net Changes Bv T'nitrd Press NEW YORK. July 21.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follows; Up. Off. American Can 1237* ... 5 American & Foreign Power 69 ... 3% American Telephone 2137* ... 3% Atchison 220 ... 3 Chrysler 29 ... 2 Consolidated Gas 107% ... 5% General Electric 69% ... 3% General Motors 42% ... 17* International Telephone ... 45% ... 2% Loews Inc 70 ... 4 Paramount 59** ... 3 Public Service 94% ... 2% Radio 40% ... 2 Radio-Keith 31% ... 2% Standard Oil “ew Jersey... 71 ... 2% Union Carbide 71% ... 2% United States Steel 162’* ... 3% Vanadium 93% ... 5% Warner Brothers 42% ... 2% Wrstinghouse Electric 139%- ... 6% New York Bank Stocks —July 22Bid. Ask. America 96 98 Bank of United States .... 42% 43% Central Hanover 356 361 Chase National 139 140 Chatham Phoenix Natl .... 106 109 Cheifilcal 73 74 Cltv National 136 137 Corn Exchange 164 166 Commercial' 405 420 Empire 83 86 First National 4.875 4.950 Guaranty 625 677 Irving 507* 5174 Manhattan & Company .... 112 113 Manufacturers 97 98% Proud of Marconi Baby Bv T'nitrd Press CIVITAVECCHIA, Italy. July 22. The citizens of Civitavecchia, proud that the fourth chilcTof Senator Guglielmo Marconi was born in their midst, will present the senator and his wife, the Marchioness Marconi, an artistically carved cradle for the little girl's use.

! jr.WILD CO I North American Trust Shares A Fixed Trust US e. Market Llamli MM

ON WRONG SIDE OF THE LEDGER? Investments property mid* in oil bring handsome returns 20,000 barrel Gushers are almost daily occurrences in the Oklahoma City Field. Write me for the lacts—then you can act intelligently. C. C. JULIAN Oil Operator Cotton Exchange Building Oklahoma City, Okie.

New York Stocks (Bv Thomson Si McKinnon)

—July 22 — _ Railroad*— _ Prev. High. Low. Close. close. Atchlion 223 217*. 221% 220 Balt & Ohio 104 105'a 104 105 Chesa * 0hi0..149 145 a 169 140 Chesa Corp .... 43*. 41*. 63% 62% Chi Ort West.... 11’* 114 11% 11% Chi N Welt.,.. 754 74 754 744 C R I * P.... 1044 ... 1044 105 Del LSi W 1134 1134 Del & Hudson .163 160 161 ... Erie 42 42 Erie Ist pfd w ... M' Illinois Central 117% 1164 117*. 116’, Kan Cltv So 634 Lou Si Nash ...1274 ... 1274 ... MK & T 414 404 414 414 Mo Pacific 694 Mo Pacific Dfd.. 124 123 133 124 N Y Central ..167’4 1634 1654 164 N Y N H & H. 105*, 1034 1054 1044 Norfolk Si West 2294 ... 2294 .. . Pennsylvania .. 754 754 754 754 So Pacific 1164 118 1184 1184 Southern Rv .. 964 954 9674 97 St Paul .. ... IS% 154 St Paul Dfd 25 4 24 4 25 4 254 Union Pacific ..220*, 2154 220’, 218% Wabash 384 38 38 36 W Maryland... 24 4 2 4 24 234 Equipment*— Am Car Si Fdy 48 4 48 4 48** 484 Am Locomotive 45 ... 45 45 Am Steel Fd.. 391* 28 4 39 4 394 Am Air Brake 8 .. ... 424 Gen Am Tank.. 854 844 854 844 Oeneral Elec .. 714 69 714 684 Gen Ry Signal 78 76 78 79 Lima Loco 24*a N Y Airbrake.. 39 4 ... 39 4 394 Pres* Btl Car 74 74 Pullman 68 664 68 664 Westlngh Ar 8.. 394 39 39 39 4 Westlngh Elec ..1424 1374 1424 1394 Rubber*— Firestone .. .. ... 21 Fisk 24 ..I 24 24 Goodrich 27 ... 27 274 Goodyear 65 4 65 65 64 Kelly Spread .. 34 ... • 34 34 V 8 Rubber 23 4 22 4 23 23 4 Motors— Auburn 1234 116 122 118% Chrysler 30 284 30 29 Gardner 33 Graham Paige .. 64 64 64 64 General Motors. 44 424 44 424 Hudson 344 32 4 344 33 Hupp 15 144 15 15 Mack 544 534 544 554 Marmon 134 134 124 124 Nash 35 34 s , 35 35 Packard 15 144 144 144 Reo 94 ... 94 9 s , Studebaker 32 4 30 4 32% 304 Yellow Truck *. 27 26 4 264 264 Motor Access— Bendlx Aviation. 324 314 324 314 Borg Warner ... 29 ... 29 29 Briggs 244 224 244 224 Eaton 254 244 25 244 El Storage B ... . ... 65 4 65 4 Hayes Body .... ?4 ... 74 74 Houda 114 114 114 12 Motor Wheel ... 24’,* ... 244 ... Sparks W 23 214 224 ai% Stewart Warner. 24 4 23% 24 4 23 4 Tlmkln Roll .... 644 62 644 624 Mining— Am Metals 334 334 334 ... Am Smelt 654 64 4 654 644 Am Zinc 104 9 10 9 Anaconda Cop... 504 484 504 484 Cal & Hecla .. 154 ... 154 15 Cerro de Pasco.. 50 49 4 49V, 494 Freeport Texas.. 454 434 454 434 Granby Corp ... 234 23 23 224 Great Nor Ore.. 214 ... 214 21 Int Nickel 244 24 244 244 Inspiration 154 154 Kennecott Cop.. 404 384 394 384 Magma Cop 32 31 Miami Copper Nev Cons igiA jgi' £ e U aS c GU il Sul -- 37 % 564 574 564 Amerada ...... 24% 24 24 244 Am gegubWc .... l#4 1714 194 174 Atl Refining 36 35 4 354 35 4 garnsdall 24 23 4 23 4 23 4 ”° us ‘°n 864 814 86 4 82 v, 22% 224 224 224 Indian Refining.. 134 124 134 13 Lago Oil ... 29 *>91.1 Sbd 234 214 234 214 Mid Conti 24 234 24 23 4 Pan-Amer 181.. 584 584 584 59 Phillip* Pr OH & Gas 3a Pure Oil 22 214 214 22 Richfield 174 164 17 174 Roval Dutch 53 4 53v, 53 4 53 4 Shell Un 194 19 19 4 184 Simms Pt 22 Sinclair 244 23 s * 24 4 24 Skelly 31 297* 31 30’2 Standard of Cal. 624 614 62'/* 61 T - Standard of N J 73’/* 704 734 71 Standard of NY32 4 32 32 4 32 Texas Cos 524 524 52% 524 Union Oil 414 41 41 407* Steels— Am Roll Mills... 57 55 5574 55'/, Bethlehem 834 79 4 814 83 Byers A M 7574 724 75% 734 Colo Fuel 50 47 4 50 49 Cruc Steel 784 .... 784 79 Ludlum 27 4 26 27 4 26 4 Midland 3074 29% 3074 304 Repub ISc 8 ... 47 454 47 454 U S Steel 165*4 1 627* 164*4 1624 Vanadium 984 934 984 934 Tobacco*— Am Sumatra ... 10% 10*4 104 Am Tob (B> ... 2434 239*, 24274 2407, General Cigar .. 46% 4574 45’/* 47 Lig & Myers <B) 94 927* 94 9274 Lorillard 22*4 204 227* 207* Reynolds Tob.. 50% 50 50% 50'/* Tob Pr A 124 ... Tob Pr B 44 United Cigar 6*4 6% Utilities— Abltibt 26 Adams Exp 264 25% 26% 25% Am For Pwr 71’* 69 71% 69 Am Pwr At Li.. 84 82% 84 84’* A T & T 2164 2124 21674 213% Col Gas &El 6474 62 s * 64*4 63'* Com & 50u.... 14 74 1 4 1 47* 147* El Pwr & L 1.... 71% 6974 71% 69% Gen Gas A 107* 9*4 10 10 Inti T & T 46% 45% 46% 45% Natl Pwr & Li.. 447* 42 44% 4274 No Amer Cos 98 95% 98 96 Pac Gas & El.. 58 577, 58 58 Pub Ser N J.... 96% 93% 947* 947* So Cal Edison.. 58’* 5774 587* 57% Std G & E 1.... 92V, 907* 92 90 s * United Corp .... 33*4 32% 33*4 32% Ut Pwr & L A.. 33% 32% 33*4 337, West Union ....170 165 165 162% Shipping— Am Inti Corp.. 35 33% 35 34 Inti Mer M pfd 22% ... 22% 22 United Fruit 9074 ... Foods— Armour A 4’* 5 Beechnut Pkg .. 54% 53% 54V* ... Cal Pkg 62% 627, 62% 6274 Can Dry 66% 66% 66'2 667* Coca Cola 177 175 177 175*4 Cont Baking A.. 24 23** 24 24 Corn Prod 95% 927, 94 74 9374 Cudahy Pkg 40 39 39 Gen Foods 55 547* 55 55 Grand Union 14% Hersev 94*, ... 94*4 94 Kroger 26% 25>4 26*, 25% Nat Biscuit 85*4 83% 85 85*4 Pillsburv 317 g ... 31% 32% Safeway St 78 74*, 74*, 76% Std Brands 21 20% 20*4 20% Ward Bkg 8 Drugs— Cotv Inc 20 s * ... 20% 20% Lambert Cos 90 88 89% 89 Lehn & Fink 29 Industrials— Am Radiator.... 26’4 26 26 26% Gen Asphalt 45% 44% 45% 44*4 Otis Elev 65 647* 647, 6v, Indus Chems— Allied Chem 266% 262% 266 263 Com Solv .... 26'a 34% 2674 24 % Union Carb 74% 707* 74% 71% U S Ind A1c0.... 7874 77 77 787* Retail Stores — . Assoc Dry Gds.. 347* ... 34% 35 Gimbel Bros .... Krcsge S S 28% 27% 28% 28% May D Store ... 46% 46 46 457, Mont Ward 37% 35 36% 35 Penny J C 56** 55% 56% 57% Schulte Ret St.. 6% 6% 6% 7 Sears Roe 68*4 65 68% 65 Woolworth 57% 56% 57*, 53% Amusements— Other Livestock Bn Times Special LOUISVILLE. July 22—Hogs—Receipts, 500; market, 25c lower; 225 lbs. up. $8.80; 165-225 lbs.. $9.40; 140-165 lbs., $8.60: 130 lbs. down. $6.90; roughs, $6.40: stags, $5.80. Cattle—Receipts, 100; market. dull, steady; prime heavy steers, $84(9; heavy shipping steers, $t>.50(8,8 medium and plain steers. $5.50 06.50: fat heifers, $4.50478.50; good to choice cows. $4445.25; medium to good cows. $3.2504; cutters. s3'-’ 3.25; canners, $2443; bulls. $3.50445; feeders, $6447.56; Stockers. $5446; calf receipts. 400; market, steady: choice. $844 8 50: medium to good s7® 8; common to medium. $4.50476.50. Sheep—Receipts. 1.000: market, tops 50c lower; others steady: ewe and wetner lambi. $8: choice. $8 [email protected]; buck lambs. $7; seconds. s4f.i 4 50: clipped lambs. $2.50443.50. Monday's shipments—Cattle. 241; calves, 1.089; hogs, 85; sheep, 684.

In the Stock Market <Bv Thomson & McKinnonl NEW YORK. July 22.—There appears to De an impression that the ro-called pool campaign that was initiated a fortnight ago has been abandoned, due largely to the inability to attract public interest. To us it seems unreasonable and far-fetehec that such an undertaking snouid be attempted if conditions were not promising. Even the mest enthusiastic bull leader was hardly prepared for an indefinite straightaway advance. Technical reactions were expected. We are of the opinion that aggressive short selling which is admitted played avi important part in yesterday s decline has probably restored the market to a firmer foundation A recovery should materialize today. There is a possibility that the s f eel corporation will announce before the close that operations have been increased. Should such be the case we believe that the bull forces will take full advantage of it. In any event the two-day decline has oeen sufficiently sharp to attract renewed investment buying. King Returns to Snain By l'nitr4 Pretf MADRID. July 22—King Alfonso XIII returned to Madrid Monday night after a visit to France and Eng] and.

Col Graph It’s 17% 19% 18 Crosley Radio 12% Eastman Kod ...208% 202 208% 202% FOX Film A 47% 44** 47% 45-, GMcsby Gru ... 147, 13% 14*, 14 Loews Inc 73 70 72’* 70 Psram Fam .... 61 58*4 61 59** Radio Corp 44 397, 44 40' R-K-O 33% 317, 33% 31% Schubert 16% 16_ 16% 16*, Warner Bros ... 43% 41’, 43', 4272 Miscellaneous— . Airway App 19% City Ice & Pu... 41 ... 41 41 Congoleum 13 12% 12-, ,12% Am Can 127% 123% 127% 123% Cont Can 59% 58% 59 5 , 58 Curtiss Wr 7% 7% 7% 7% Gillette SR 77% 74 74% 74 Real Silk 40% 4040% 40% U S Leather A.. 18% ... 1874 ... Produce Markets Eggs (Country Rum—Los* off dellverd In Indianapolis. 16c: henery duality. No. 1. 20c: No. 2. 13c. Poultry (buying prices—Hens, weighing 4% lbs. or over. 17c: under 4% lbs.. 17c: Leghorn hens. 14c: springers, 2% lbs. cr over 21c: under 2% lbs.. 18c: Leghorn springers. 14c: old cocks. 9®loc: ducks, full feathered, fat whites. 9c: geese. 6c. These prices are for No. 1 top auality ouoted bv Klngan Sc Cos. Buter (wholesale)—No. 1. 38®39e: No. 2 36®37c. Butterfat—32c. Cheese (wholesale selling price per pound)—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c; Lognhorcs. 34c: New York Limberger. 36c. Bv United Press NEW YORK. July 22.—Flour—Dull and unsettled: spring patents. $5.15®5.50 barrel. Pork—Quiet; mess. $31.50 bbl. Lard —Steady; middle wesP spot, $10.05® 10.15. Tallow—Steady; special to extra, 57*®57c. Potatoes—Quiet: Long Island. $2.75® 3; Southern, $2 7 2.80. Sweet potatoes—Quiet: Southern, baskets. $1.35® 3.25; Southern barrels. S3®9. Dress poultry—Firm: turkeys. 20® 44c: chickens. 17® 35c: fowls. 14 ®29c: ducks. 12® 15c; ducks. Long Island. 19® 18c. Live poultry—Firm; geese. 10®12c; ducks. 12® 23c; fowls. 19®27c; turkeys, 20® 25c- roosters. 15® 16c: broilers. 22® 35c. Cheese—Dull: state whole milk, fancy to special, 25®26c; young 25c Butter—Market, firm: receipts. 30.703 tubs: creamery, extra, 36c; special market, 36' 2® 37c. Eggs—Market, firm: receipts, 45.021 cases; nearby white fancy, 32®35c: state whites, 24® 30c; fresh firsts, 21® 22c: Pacific coasts. 26%®34%c: white westerns unquoted; nearby browns, 24@34c. Bv T'niterl Press CHICAGO. July 22 —Eggs—Market steady, receipts. 12.481 casec; extra firsts. 22%® 23c; firsts. 22e: current receipts. 19®20'2C: ordinaries. 17®18c: seconds. 1574 c. Butter —Market steady; receipts. 14,845 tubs; extras. 35'ic; extra firsts. 33%®34c: firsts, 32®32*4c: seconds. 28® 3074 c; standards. 35c. Poultry—Market steady: receipts. no cars in. 2 due; fowls. 20c; springers, 24c; Leghorns. 16c; ducks. 15c; geese. 16c; turkeys, 18c; roosters. 15c; broilers. 21c. Cheese—Twins. 16®16'/.ic; young Americas. 16%c. Potatoes—On track. 270: arrivals. 67; shipments. 611: market weak: Kansas and Missouri sacked Irish cobblers. SL.4O ®-1.60: East Shore Virginia bbls.. Irish cobblers mostly around $3. Bv T’niterl Press CINCINNATI. 0., July 22.—ButterSteady; creamery in tub lots according to score. 33® 36c; common score, discounted 2®3c; packing stock No. 1. 26c; No. 2, 20c; No. 3.15 c; butterfat, 31®33c. Eggs— Steady: cases Included: fresh gathered, 23c: firsts. 20c; seconds. 16c; nearby ungraded, 20c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over. 20c; 4 lbs. and over. 19c; 3 lbs. and over. 18c; Leghorns, 3 lbs. and over, 14c; roosters, 13c; colored fryers over 3 lbs. 25c; broilers, colored over 2 lbs. 25c; broilers, over 1% lbs., 22c; IV 4 lbs. and over. 20c; Leghorn and Orpington broilers over 1% lbs., 21c: 174 lbs. and over. 20c; broilers partly feathered, 15® 18c; black springers, 20c.

In the Cotton Markets (Bv Thomson & McKinnon) NEW YORK, July 22.—The very best the cotton plant could have done this month would be to hold its own. There has been no progress. It must have suffered in many localities, yet the south is only luka* warm to bulling prices. Some say crop damage is offset by hot weather killing the boll weevils. In a way it is foolish to get excited about the value of another man’s property when he doesn’t think r.isch of it. Still, without a good rain its on the cards for the government to put out a sensationally bullish report early in August. AIR "MAIL PilLOf - KILLED Cleveland-Detroit Flier Crashes on < Shore of Lake Erie. Bv United Press HURON, 0., July 22.—Pilot William F. Martin, air mail flier for Thompson Aeronautical Corporation, was killed near here early today when his plane crashed on the shore of Lake Erie. Martin was flying the air mail from Cleveland to Detroit and Bay City, Mich. Occupants of a farm house on whose ground the plane crashed, heard a loud noise at 4:30 a. m.. but paid no attention to it. Several hours later Mrs. George Beattie who lives on the farm, stepped from her back door and saw the wreckage lying five hundred feet from the barn. MORROW PLANS FLIGHT Ambassador to Mexico May Make Plane Hop to Yucatan. Bv T'nitrd Press MEXICO CITY, July 22.—Ambassador Dwight W. Morrow may make an airplane trip to Yucatan, in southern Mexico, next month, it was indicated at the American embassy today. FAMED BAND WILL PLAY Bohumir Kryl’s Musicians Booked for State Fair. Bohumir Kryl, famed band leader, called at state fair headquarters at the Statehouse Monday and made final arrangements for the appearance of his band at the fair. Kryl and his band will appear daily, afternoon and night, throughout the week. Other bands scheduled are the Arndt concert band, 4-H Club band. Collins*! boys band of Muncie, Kraft’s Novelty band of Frankfort, Wabash county farm bureau band, Bedford public school band and P. O. S. of A. band of Crawfordsville.

$8,086 GIVEN TO FUND Response Liberal for Relief of Police and Firemen. Volunteer subscriptions to the police and firemen's emergency fund this year total $8,086, Henry L. Dithmer, chairman, announced today. The fund this year was raised by direct-mail solicitation, rather than by the annual circus. The committee turned over the fund to the safety board. Appreciation of the efforts of citizens in raising the emergency fund was expressed by Charles R. Myers, safety board president. HIT BY CAR: HURT Stepping from between parked cars in the 100 block North Alabama street into the path of an automobile driven by Mrs. Florence Bewley, 28, of 1417 St. Peter street, George Herron, 1243 South Emerson avenue, was knocked down and suffered scalp injuries Monday night. He was taken to city hospital, where his condition is not serious. Name Russian Foreign Minister MOSCOW. July 22.—M. M. Litvinoff, who has directed the Soviet foreign commissariat for many months during the illness of Qgorge Chicherin, officially was designated the commissar of foreign affairs by the Soviet central executive committee Monday, - ww~- ~ ~ a.r-n f- * *•’

THE INDIANAPOLIS TIMES

PORKERS SHOW EVEN TREND IN LOCALTRADING Dullness, Weaker Undertone Mark Cattle; Sheep Sell Off. July Bulk Top Receipts 15. $9.50® 9.75 $9.75 5.000 16. 9.50® 9.75 9.85 6,000 17. 9.60® 9.85 9.85 4.000 18. 9.70® 10.00 10.00 7,000 19. 9.25® 9.65 9.65 5,500 21. 9.25® 9.65 9.65 3.000 22. 9.25® 9.65 9.65 4,000 A generally steady tone prevailed in hogs at the Union Stockyards this morning, prices unchanged from Monday’s trade. The bulk, 160-250 pounds, selling at [email protected]; top price holding at $9.65. Receipts were estimated at 4,000, holdovers were 173. The general trade was dull in cattle with the undertone weak to lower. Receipts were 1,100. Vealers sold 50 cents lower at $10.50 down. Calf receipts were 700. Sheep and lambs were around 50 cents lower, selling at $9.50 down. Receipts were 200. Chicago nog receipts were 25,000, including 8.000 direct. Holdovers were 9,000. A few early sales and bids were 15 to 25 cents lower than Monday's average; 180 to 230-pound weights going at $9.30 to $9.40. Cat-' tie receipts were 6,500, sheep 17,000. HOGS Receipts. 4,060: market, steady. —Light Lights—-(l4o-160) Good and choice....s 9.40® 8.50 —Light Weights—-(l6o-180) Good and choice 9.65 (180-200) Good and choice 9.65 —Medium Weights—-(2oo-220) Good and choice.... 9.40® 9.50 (220-500) Good and choice.... 9.25® 9.40 —Heavy Weights—-(2so-290) Good and choice.... 8.85® 9.10 (290-350) Good and choice 8.50® 8.85 —Packing Sows—-(27s-500) Medium and g00d... 7.00® 8.00 —Slaughter Pigs—-(loo-130) Good and choice 9.00@ 8.25 CATTLE (Slaughter Classes) Receipts, 1,100: market, lower. —Steers—-(6oo-1100) Good and choice $ 8.25® 10.50 Common and medium 6.25® 8.75 (1100-1500) Good and choice 8.00®10.25 Medium 6.00® 8.00 —Heifers—-(sso-850) Good and choice 8.25® 10.25 Common and medium 5.00® 8.25 —Cows— Good and choice 6.50® 7.50 Common and medium 4.50® 6.50 Low cutter and cutters 2.50® 4.50 —Bulls (Yearlings excluded)— Good and choice (beef) 6.00® 7.25 Cutter, common and medium.. 4.00® 6.00 CALVES and VEALERS Receipts. 700; market, lower. Vealers (Milk Fed) Good and choice $10.00®10.50 Medium 7.00® 10.00 Cull and common 4.50® 7.50 Calves (350-500) Good and choice 7.00® 9.50 Common and medium 5.00® 7.00 STOCKER AND FEEDER STEERS (500-600) Good and choice 6.00® 7.75 Common and medium 4.50® 6.00 (800-1050) „ _ „ Good and choice 6.00® 2\ii2 Common and medium 5.00® 6.00 SHEEP AND LAMBS Receipts, 200; market, lower. —Lambs — Good and choice *}-50® 9.50 Common and medium 4.50® 8.50 —Ewes — Medium and choice 2.00® 3.50 Cull and common I.oo® 2.00 Other Livestock Bv T’niterl Press CHICAGO." July 22.—Hogs—Receipts 25.000: including 8.000 direct: uneven, light hogs. 250 40c lower; packing sows and butchers. 10015 c lower; top. *?•: lightweights, plentiful; bulk desirable. 160-210-lb. weights. [email protected]; light lights. 140160 lbs., god and choice. [email protected]; light weights. 160-200 lbs., good and choice. $9.15 ®9.40; medium weights. 200-250 lbs., good and choice. [email protected]; heavy weights. 250-350 lbs., good and choice. $8.2509. packing sows. "75-500 lbs., medium and good. [email protected]: slaughter pigs. 100-130 lbs.. good and choice. $8.25®9.10. Cattle—Receipts. 6.500; calves. 2,000; slow, steady to weak on most killing classes; no lone to trade only competitive Interest being on well finished yearlings and light and medium weight steers: she stock drug on the market: top yearlings, $10.50; t higher, slaughter cattle and vealers: steers. 600-900 lbs., good and choice. $9.25011.25. 900-1100 lbs., good a "d choice. s9®n. 1100-1300 lbs., good and choice $8.75 a 11. 1300-1500 lbs., t.ooa and choice, 10.75: 600-1300 lbs., common and medium. s6@9: heifers. 550-850 lbs.. Rood and choice. $8,750 10.75; common and e dl -'"S% * s ' 2 “ff q- cows good and choice, $5.50(®8. com ,non and medium. [email protected]: low cutter and cutters $3(S>4: oulls. yearlings excluded, good and choice beef. $6.75®8; cutter to medium. $5.50® 7: vealers. milk fed, good aid choice $11®12: medium. $9.75® 11. cull and common. $609.75: stocker and feeder cattle: steers. 500-1050 lbs., good and choice s7® 8.25: common and medium, so® S consideredf lamb?9o l“! good ee and a cholce la *9® 9 a 85? S medium. $7 W so@9. all weighty com*so* ewes 90-150 lbs., medium to "holce 7 52.25®4: all weights cull and common ' 5152.75: feeding lambs. 50-75 lbs., good and choice. 56.7557.25.

Bu United Press PTNCINNATI. Julv 22. Hoes Keceipts. 2,700. including 300 dlrecl; held over 600; slow: few early sales. 170-220-lb. butchers mostly 25c lower: later bias 40c n-r- no dependable outlet for weighty hoes few scattered sales steady to weak with’ Monday's full decline; pies, llffht XiSS, ini) , ols largely 25c lower: early sales 160-230 lbs . $9.50® 9 75; mostly $9 75 on 210 lbs. down, odd lots. -50-260 lbs. downward tc $9: desirable HO-iSO lbs. largely $9.25; bulk sows. $7.25. CattleReceipts* 650: calves. 350: slow, eenerallv Steady duality plain, few lower grades grass steers and heifers. ss®7: most beef cows. $4.75®6: low cutters and cutters. $2.50® 4; bulls largely $5.50® 6.25, top. $6.75; vealers steady, but lacking in activity; good and choice vealers. $8.50® 10. under grades. $8 downward; hard to move. Sheep—Receipts. 2.300; fat lambs, 50c lower: lower grades. we ak to lower in svmDathtv* sheep steady; bulk good and choice "lambs. $9®9.50; some medium grades and good buck lambs. common throwouts mostly $6 fat ewes. $2 @3; choice handy weights up to 53.50. Bn United Pres* . TOLEDO, July 22.—Hogs—Receipts, 300. market 25c lower: heavies. mediums. $8.50® 9. Yorkers $ 9 i 25®?.50: pigs s9® 9.40. Cattle—Receipts, light, market slow and weak. Calves— Receipts. ght. market. 50c lower. Sheep—Receipts, light, market steady to lower. Bu United Press , EAST BUFFALO. N. Y.. Ju 'v2Hogs—Receipts. 300: holdovers 500. market slow, steady to 5s lower; lbs. down, including pigs. $10.25® 10.35. W* I,a £°* 280-lb. butchers. $9.35: packing sows steady: bulls. $7.75. Cattle— Receipts. 175 market slow, generally steady, bulk strong; few loads, common to medium steers. $5.50® 8.50; some good >teers he and around S9 and better; cows largely $4.75® 5.50; cutter cows. *2 506.4.50. medium bulls ss® 6. Calves—Receipts. 150. market, generally 50c® $1 ow '* “ choice vealers. sl2 to mostly $12.50, common to medium kinds *i.so® 10.50. Sheep —Receipts. 400; market, steads . quality considered: no c°°d lambs on sale common kinds mostly $7. a few up to SB. fat ewes mostly $2.50® 3.50; a few $4. By United Press CLEVELAND, July 22.—Hogs—Receipts. 700; holdovers, none; 7 ,'|.' l oc lojver; pack; ing grades, 25c off; 150-210 lbs.. $9-90, 210-250 lbs.. *9.6569.90: 250-290 lbs $9.25® 9.65: rough sows. $7.50; stags, $0.50. Cattle—Receipts, 50: supply mostly holdover. common steer values continuing weak at ss® 6.75; she stock and bulls, steady; all cutters. $364.25; beef cows, scarce; medium bulls, ss® 6.50; calves, receipts. 300; strictly good and choice vealers. steady at $11.50® 12; top. $12.50. Sheep—Receipts, 400. steady; better grade lambs. s9® 9.50; ciio;ce quoted upward to $10; fat ewes, $2.506 3.50. Bu United Press PITTSBURGH. July 22.—Hogs—Receipts, 700: mostly 25 cents lower; 160-220 lbs., slo® 10.25; 230-260 lbs.. *i60'59.85: 270340 lbs.. $9.25 5 9 50: sow:, $7.35® i.60; pigs. $lO. Cattle—Receipts 10; market, nominal. Calves—Receipts. 75; market, steadv to 50c lower: good and choice vealers. sll® 11.50; heavv and medium calves. s6® 8. Sheep—Receipts, 450: lambs, slo*. weak; medium to good, $8.506,9.50; common lambs down to $5; other classes scarce. 8 EAST 'sT Pr LOUIS. HI.. July 22.— Hogs— Receipts. 10.000; market. 10®15c lower; 130-220 lbs.. $9.25® 9.50 : 240-275 lbs.. $8.75 @9: bulk sows. $7.2567.50. Cattle—Receipts. 4.509: calves, receipts. 2.000; market. indications about steady on fed steers, western steers about steady: bidding tending lower; vealers steady to 25c lower at $10; other classes steady Sheep —Receipts. 3.500: market, bidding 25 to SOc lower on fat lambs: most bids SB.SO®S on desirable natives. B" United Press FT. WAYNE, ind . July 22. Kogs-Mar-ket, 20c lower; 90-120 lbs.. $8.55; 120-140 lbs.. $8.80; 140-160 .bs.. $3.10; 160-180 lbs., $9.30: 180-200 ‘bs.. $9 40; 200-225 lbs.. $9.25; 225-250 lbs.. $9; 25® 275 lbs.. $8.90 : 275350 lbs.. $8.45; roughs, $7; stags. $5. C'lves —Receipts, 1.050, Lambs—Receipts, 850,

Dow-Jones Summary

Congoieum-Nairn. Irr.. and subsidiar.es for six months ended jifhe 30. reports net Income of $705,857 after interest depreciation and federal taxes, eaual after preferred dividends to 40 cents a share on 1.641.026 common shares outstanding. Tn.s compares with net income of $950,211 or 54 cents a share In first half of 1929. Daily average production of Crude Oil in United States for week ended July 19. totaled 2.506.2*2 barrels, a decrease of 31.148 barrels according to Oil and Gas Journal. Light oil output decreased 35.596 barrels daily. London-New York cables opened at 4.86 11-16 against 4.86 9-16; Paris checks 123.67; Amsterdam 12.092; Italy. 92.88a; Berlin. 20.372. Howe Sound Company cuarter ended June 30. net profit $459,260 after taxes depreciation. etc., against $1,028,682 in June auarter. 1929. Six months ended June .'O. net profit $1,182,290 against $2,018,966. Consolidated Gas Company effective Aug. 1 will reduce price of gas for house hea„ing purposes 20 per cent subject to approval of public service commission. Imperial Tobacco Company of Great Britain and Ireland declared interim dividend of 7 oer cent free of tax on ordinary shares. Similar dividend declared a year ago. Sugar melt of fifteen United States refiners from Jan. 1 to July 12 was 2,575.000 long tons against 2.770,000 in 1929 period. Deliveries totaled 2.360.000 long tons. Texas Gulf Sulphur Company In quarter ended June 30 earned $1.43 a ahare on 2,540,000 shares against $1.50 In preceding quarter and $1.40 in June quarter. 1929. Six months $2.93 a share against like amount in first half last year. Philadelphia Rapid Transit Company first six months deficit $157,981 after sinking fund, fixed charges, dividends, etc., against deficit $109,792 in first half of 1929. W. A. Sheaffer Pen Company declared usual extra dividend of 50 cents on common, payable Sept. 15. record Aug. 25. Semi-annual dividend of sl. payable same date was declared Feb. 13, last. Buckeye Pipe Line Company declared regular quarterly dividend of sl, payable Sept. 15. record Aug. 22. Powdrell & Alexander. Inc., declared regular Quarterly dividend of 87% cents on common payable Aug. 15, record Aug. 1, and $1.75 on preferred, payable Oct. 1, record Sept. 15. Lessing’s. Inc., in six months ended June 30 earned $1.33 a share against $1.35 a share In like 1929 period. World lead production In June, 150,541 short tons, against 157,270 In May, and 153,779 in April, according to American Bureau of Metal Statistics. Blauner’s, Inc., declared regular quarterly dividends of 50 cents on common and 75 cents on preferred, both payable Aug. 15. record Aug. 1. Company has completed payment of 6 per cent stock dividend payable in quarterly installments of 1 % per cent which was announced last year would be paid for one year.

Preliminary figures show 203,568 tons of flaxseed * crushed in second quarter and 130,863,405 pounds of linseed oil produced as against 278,933 tons crushed and 187,018,538 pounds of oil produced In like 1939 period. Hercules Powder in six months ended June 30, earned $1.99 a share on 603,079 common shares against $2 74 a share on 598,000 shares In first half of 1929. in June quarter sl.lO a common share against $1.50 In second quarter last year. Price reductions of 7 to 10 per cent on staples and from 7 to 16 per cent on tropicals were made by American Woolen Company Monday in opening its lines for the men’s wear trade for 1931 spring season. American Reinsurance Company decieared quarterly dividend of 75 cents payable Aug. 15, record July 31. Company reports gross premium income for six months ended June 30 amounted to $1,281,885 against $838,465 in first half 1929. Assets in six months after all losses expenses and dividends increased to $8,953,572 from $8,368,391. Offering of $30,000,000 Texas Electric Service Company first and refunding 5s due 1960, due soon by syndicate headed by Bonright & Cos. Chrysler Corporation has reduced prices on four models of Chrysler 70 line. Three models were reduced SIOO and one model $l5O. The businbss coupe was reduced SIOO to $1,245; brougham, SIOO to $1,295, and the royal sedan, $l5O to $1,295. Syndicate headed by Wood Gundy & Coawarded $2,500,000 4 per cent New Foundland loan at 99.318. Utilities Power and Light Corporation and Thueriner Gas of Germany form new holding company for European public utility companies with co-operation of Chase National Bank and Deutsche Bank with initial capital of 20,000,000 marks. Chairman Alexander Legge characterizes recent attacks on Federal Farm Boards wheat policies as political bunk. Declared that regulated production is only solution to the growers problems and stabilization operations impossible In face of permanent cumulative surpluses. June automobile production in United States totaled 335.474 cars against 417.406 in May and 545,932 In June. 1929. commerce department reports. For six months 2.219.546 cars against 3,224.445. Births Boys Joseph and Frances Hoard. 817 Yoke. Shirley and Deborah McDougal, 323 North Drexel. , ■ . Carl and Ruth Ernest. 303 Barton. Wilbur and Alta Walls. 1446 South Me--11 Joseph and Etta Phillips. Methodist hos01Fav and Mary Sharkey. 362 Good. Francis and Bernadine McAree. Methodl Chester''and Catherine Castor, Methodist and Grace Updike, Methodist hosP 'paul and Alice Vietzke. Methodist hosP 'wUliam and Nellie Soots. 849 River. William and Ruth Harper, city hospital. Orville and Beatrice Drake, city hospital. George and Jewell Thomas, city hospital. Herman and Edifh Carlisle, city hospital. Charles and Iva Bartholomew, city hosPl Roscoe and Fannie Massie. city hospital. Sidney and Loretta Tillery, city hospital. Earl and Oma Slater, city hospital. Harold and Dessie Milam. 3617 East Sixand Mattie Martin. 962 Shesand Anna Gerlach. 320 Soyth Holmes. Gjrls Ralph and Naoma Harper, 1702 South Bt Melvin and Josephine Snead, 1025 North and Bernadean Lewark, 2410 N Alo h n?o ale and Ethel Durham. 149 West T 'Geo t rge eiß and’ Thelma Stewart, MethodlHelma?'tand Margaret Bengston, Meth°dßenjamm and Irene Farlee. Methodist h °Joe ta and Margaret Roberts, Methodist and Charlotte Stolte, city hosP George and Anna Wade, city hospital. Leslie and Beatrice Purvis, city hosPi Elzie and Katherine Pulllns. city hospitftl. . .. . Charles and Audrea Hedges, city hospiEllis and Edna Curtiss. 1661 Astor.

Deaths Cecil Hall. 9 months, city hospital, acute gastro enteritis. . , Gean Weiss. 16 days, city hospital, acute gastro enteritis. _ Jennie Elizabeth Cook. 82. 2335 East Garfield drive, chronic mvocarditts. Dean Mason Hurt. 11 days, city hosiptal. icterus neanatorum. Mary Quarles. 46. 907 North Senate, uremia. Mattie Cantrell. 52, city hospital, peritonitis. _ Joan Patton. 67. 1433 North Pennsylvania. cerebral hemorrhage. Wilson K. Hoyt. 78. 1818 Brookside. uremia. Homer Van^Winkle. *2l. St. Vincent’s hospital, internal hemorrhage. Esther Nolting. 33. 45 Bradley, tuberculous meningitis. George Lugar Braklev. 72. Christian hospital, carcinoma. Della G. Johnson. 80. 3438 CarroUton, carcinoma. Loretah Irene Fardlee. 10 minutes. Methodist hospital, asphyxiation. Edward Northrup. 74. 816 East Twentyfourth. mitral regurgitation. Donna L. Armes. 10. city hospital, cerebrospinal meningitis. Alice B. Jacoby. 78. city hospital, hypostatic pneumonia. Hamlin L. Shute. 70. 1144 North Alabama. chronic myocarditis. Frank J. Oakes, 54, 5152 Broadway, cerebral hemorrhage. Bessie Elizabeth Mortimer. 40. Methodist hospital, acute dlltation of heart. Jesse Smith. 41. 955 West Twenty-sixth, peritonitis. Fire Truck, Auto Collide Little damage resulted late Monday when No. 7 fire trucx collided with an automobile driven by Charles Schenck, 1921 Dexter* avenue, at N<=w York and Alabama streets. Irvin Fossati was driver of the fire truck,

WEATHER NEWS SENDS FUTURES MARKETLOWER Cable Declines and Reports of Rain Have Bearish Effect on Grain. Bv T'niterl Press CHICAGO, July 2.— Wheat was steady to fractionally lower as the Board of Trade opened today with foreign cables slightly low r er and more reports light to good rains of a local nature over large sections of the grain belts. Liverpool was dull and easier following the decline here Monday, but showed some resistance. Corn was *s cent lower to % cent higher and oats was % cent higher. Provisions were steady. Liverpool was lower, but not as low as expected, prices at midafternoon being % to % cent lower. Weather conditions in the spring wheat belt of the United States and Canada are still the main influences in wheat. Regardless of such rains as have been received the precipitation over the week-end was but temporary relief and the territory must get good rains frequently or a reduction in crop estimates is inevitable. It is thought that the export business will continue good, in asmuch as Europe must have the grain, though in their eagerness for bargain prices they may overstay the market. Soaking rains in parts of the belt gave corn some relief, but the precipitation was not general and the crop prospects were severely cut by the drought. Chairman Legge stated that the conditions were the worst in thirty years. There was some rain in Indiana and Ohio last night and the heat wave is giving way slowly toward the east. Oats have been affected by the other grains, though the crop is not of the best and the cash demand is good. Locals-'sell on any bulge resulting from thes factors.

Chicago Grain Table —July 22WHEAT— Open. High. Low, Close, close. July.. .877* .88% .87% .88% .87% Sept.. .90% .91% .90% .91% .90% Dec... .9674 .97% .96% .97% .967* Mar.. 1.00% 1.02V* 1.00% 1.02V* 1.0174 CORN— Sept.. .79 .81*4 .79 .817* .79 Dec... .73% .777* .73% .76% .73% Mar.. .77% .81 .7774 .87 .77'/* OATS— July.. .3474 .34% .34'/* .34% .34% Sept.. .36% .37% .36% .37% .36% Dec... .40'/* .41’/, .40 74 .40% .40% Mar.. .4274 .43'/* .4274 .437* .42% RYE— July.. .53*/, .55 .53% .54% .53 Sept.. .55% .57% .55% .57 .55% Dec.. .62 .63% .61% .62% .6174 Mar.. .6 .67% .66 .6 7 74 . 657, LARD— July.. 9.65 9.67 9.65 9.67 9.65 Sept 9.70 9.65 Oct 9.72 9.70 Dec 9.30 9.30 BELLIES— July 13.50 13.50 Sept 12.70 12.70 Bv Times Special CHICAGO. July 22.—Wheat. 1.230; corn. 291: oats. 82. Bv United Press TOLEDO, 0., July 22.—Grain close; Wheat—No. 2 red. 89@90c. Corn—No. 3 yellow, 89®90c. Oats-—No. 2 white, 4174® 43 %C. Rye—No. 2,75 c. Barley—No. 2, 50c. Clover—Domestic, cash. $13.25; prime choice. $13.55; Oct.. sl4; Dec.. $14.25. Alsyke—Cash, $11.60: Oct.. $11.90. Butter— Fancy creamery. 39®40c. Eggs—Country run, IB@2oc. Hay timothy—sl.2s cwt. B,v Times Special CHICAGO. July 22—Primary receipts: Wheat—4.345.000 against 3.723.000; corn. 520.000 against $79,000: oats. 138.000 against 230,000. Shipments—Wheat. 1,741.000 against 1,860.000; corn. 301,000 against 780,000; oats, 321,000 against 226,000. Local Wagon Wheat City grajn elevators are paying 75c for No. 1 red wheat and 72c for No. 1 hard wheat. THE KNIFE THAT FAILED Armed for Nap in Park, but Pants, Shoes Are Stolen. Bv T’nited Press AKRON, 0., July 22.—Harry Mullins lay down in the park for a nap. He gripped his clasp knife in his hand, to be prepared for dishonest folk. When Harry woke up two hours later somebody had stolen his pants, the knife and his shoes.

‘HEAT CRAZE’ IS CRAZY No Such Thing, Is Verdict of Noted Psychiatrist. Bit T'vitrrl Press TOPEKA, Kan., July 22.—The expression “crazy from the heat’’ has no scientific validity, according to Dr. Karl A. Denninger, noted psychiatrist and author of “The Human Mind,” said today in commenting on whether or not temperatures of the last several days can be blamed for recent murders. GIRL LEAPS~Tro¥~CAR Flees to Farm Home From Youths Who Gave Her “Ride Home.” Leaping from an automobile in which she had accepted a ride “home” with two youths, Miss Bettie Thompson, 19, of 146 South Arsenal avenue, fled to the farm home of James Clark, near Stop 8, Shelby street, at midnight Monday. Miss Thompson told officers she did not know the men, but accepted their invitation to “ride home” after work at a lunch stand at Washington and Liberty streets Monday night. GIRL SLAIN: LOVER HELD Strangled Body Found in Abandoned Car After Quarrel. DETROIT, July 22.—A petty lovers’ quarrel brought death by strangulation to Lillian Ferguson, 22, and imprisonment today of her fiance, Ellis P. Hudson, 29. a hospital orderly. The tragedy was uncovered late Monday when the girl’s body was found slumped on the floor of an abandoned coupe. Around the girl’s neck was a tightly knotted man’s handkerchief. She apparently had been dead ten or twelve hours. Building Permits _ Claude Swain, garage. 805 North Addison, $350. Susie Warmin, dwelling and garage, 5730 East Tenth. $5,700. John P. Smith, garage. 1101 Alton. $425. Thomas Florence, repairs. 937 Fayette. $395. KatFsrine Welndel. repairs. 517 Eastern. $275. H. G. Casadv. garage. 1014 North La Salle. $260. Angellne Evans, reroof. 1924 North New Jersey. S3OO. Mrs. Metcalf, garage. 2163 North Illinois, $225. Rvbolt Heating Company, garage, 2830 East Michigan. $250. Test Sub Rescue Device Bv United Press . , ~ CARTEGENA, Spam, July f L—An automatic device for rescuing persons from submerged submarines was given official government tests here Monday. The apparatus is raised automatically by a buoy, and then returns to the submarine. It 1 can make a trip every ten or fifteen minutes, mr

'The City in Brief

William Bosson Jr., state representative from Marion county, will move to Washington to accept a position under the United States marshal of the District of Columbia, retiring from the real estate busi-' ness to take the position. 1 A collection of 300 books has been supplied by the public library to Big Eagle camp for boys and girls, sponsored by the Indianapolis Jewish Federation. A story-telling hour also is provided at 4:o0 each Wednesday. Dr. Kleanthis Ligeros of Athens. Greece, touring the United States on a study of medical practices, addressed students <?f Lincoln Chiropractic College, Inc., here Monday. “Our Independent Merchants" will be the subject of an address by Albert Gisler, secretary-treasurer of Kothe-Wells-Bauer, before the weekly luncheon of the Kiwanis Club at the Claypool Wednesday. A dinner will be given by the Indianapolis Home Builders’ Association Friday night, July 25, for a preshowing oi the reconstructed Home Complete Exposition model home in Wynnedale, on the Cold Springs road.

‘SHOCK OF CORN 1 HELDINATTACK Attempted Killer Suspect Is Caught Garbed in Stalks. Bv United Press HAGERSTOWN, Md„ July 22. David Kennedy took a page from Shakespeare's Macßeth, with variations, and camouflaged himself as a moving shock of com in a vain effort to elude officials who w r ere seeking to arrest him here today. Chief of Police Staley knew it was hot, but he did not think it was hot enough for a shock of corn to be walking down the road. Corn, on the stalk, didn’t get to town that way, he knew. So he stopped the walking shock, pulled away the leaves —and there was Kennedy. Kennedy, who is 44, and lives near Greencastle, Pa., was arrested on a charge of assault with intent to kill his brother Howard. 49, who lives near Waynesboro, Pa. He is alleged to have attacked his older brother with a pitchfork, puncturing his lung, in resentment over his brother’s interference in settlement of their mother’s will. The brother is reported dying.

CHILDREN AND WIDOW ARE HOLLWEG HEIRS Personal Property Is $100,000; Value of Entire Estate Unspecified. The will of Louis Hollweg, dry goods wholesaler, who died recently, was filed for probate today. Personal property estimated at SIOO,OOO and one-half of the remaining property unspecified in amount—was willed to the widow, Mrs. Louisa Hollweg, of 953 North Meridian street. One-half of the property remaining and not willed to the widow, was given to Mr. Hollweg’s four children.’ Mrs. Hollweg, Ferdinand L. Hollweg, a son, and the Indiana Trust Company, were made executors of the estate. REFUSES TO TAKE OATH Communist Witness Balks at Reference to God. Bu United Press NEW YORK, July 22.—Peter Bogdanov, chairman of the Amtorg Trading Corporation, today declined to take an oath as a witness before the congressional committee investigating Communist activity because the oath contains a reference to God. He said the reference to God would not make it any more compulsory for him telling the truth and he was given the privilege of giving his testimony by affirmation. KILLER RULED DERANGED Slayer of Imbecile Daughter to Be Tut in Asylum. Bu United Press BINGHAMTON, N. Y„ July 22. County Judge McNaught indicated today he will direct that Andrew L. Beers, 77, of Walton, self-admitted “impulse” slayer of his daughter, Francis, 27, be confined to a state hospital for the insane. Beers was declared mentally deranged lace Tuesday. The aged retired tanner killed his daughter, who was mentally deficient since birth, with an ice pick, on July 9. RAIL PLAN COMPLETED Commerce Commission Refuses to Reopen Merger Proceedings. Bu United Press WASHINGTON, July 22.—The interstate commerce commission refused today to reopen its railway consolidation proceedings, under which it announced last December 9 an elaborate and comprehensive plan for meiger of the country’s railroads into nineteen systems. HOOVER ASKS OPINION Mitchell to Rule on Power Board Recess Appointments. Bu Uniter! Press WASHINGTON, July 22.—Attor-ney-General Mitchell has been requested by President Hoover to determine whether the law allows recess appointments to the new federal power commission, it was announced at the White House today. Three power commission nominees failed of confirmation in the closing of the senate special session Tuesday. PLANE UPSETS ON RIVER Army Engineer, Repor*ers Unhurt in Accident on Mississippi. Bn Uniter l Prr ss MELWOOD, Ark., July 22.—An amphibian plane carrying Colonel F. B. Wilby, army engineer in charge of river control construction in the Memphis district, two newspaper men and a pilot, turned over when it landed on the Mississippi river near here shortly before noon today. None was injured, but the plane was damaged.

_uULY 22, 1930

MEXICAN PACT I TO STIR STORM < IN IUSENATE Concession of River Rights to Neighbor Republic Bitterly Opposed. Bv Bcripps-H award Xcicspapcr Allian r WASHINGTON, July 22.—A treaty which probably will precipitate a battle even more bitter than th one over the London naval treaty may be presented to the United States senate next winter, it was learned here today. This treaty, between the United States and Mexico, will be negotiated during the summer, according to present indications. It is to make final determination between the countries as to division of waters of the Colorado, Rio Grande and Tia Juana rivers. According to persistent rumor here, the United States is planning to abandon Its position of many years’ standing on these rivers, to concede Mexico a large share of the waters involved, and then to buy back enough water to meet the needs of United States farmers at a price great enough to enable Mexico to settle the claims of United States oil men, arising from alienation of oil lands by Mexico several years ago. Commissioners Resign The rumor spread rapidly this® week, after it was learned thatM President Hoover had accepted the resignation of the three men who have composed the international water commisson for several years past and had appointed a single successor to have charge of all future negotiations. Tlie three who have resigned are Dr. Elwood Mead, commissioner of reclamation: General Lansing H. Beach of California, and W. E. Anderson of Texas. These three, according to unconfirmed reports, refused to concede to suggestions said , to have been made by the state department last fall, when negotiations were in progress in Mexico City, that the United States agree to recognize Mexico’s claim to a large share of water, with the understanding that it was to be bought back by the United States. The three have "been replaced by Lawrence M. Lawson, former member of s the international boundary commission, who now is in Mexico City. Bitter Fight Predicted Should a treaty be presented along these lines, it undoubtedly would meet with bitter opposition in the United States senate, particularly on the part of senators whoso states lie in the Colorado river basin. There are fourteen of thesesenators, and it would be equally important to those from Texas. The Colorado river compact, and various agreements attached to construction of Boulder dam, are dependent upon the western states having sufficient water to irriga ■ their lands and the entire flow of the river is not enough for this. If it should be demonstrated that tnese states were being deprived of water, or were being forced to pay largo sums for water they claim is theirs, so oil companies might profit, it is extremely doubtful whether such treaty could secure ratification.

PLAYWRIGHT IS ACCUSED OF WIFE DESERTION Herbert H. Van Loan Arrested in Los Angeles. Bu United Press LOS ANGELES, July 22.—Herbert H. Van Loan, author and playwright, was held today on a fugitive warrant from New York charging wife abandonment. Van Loan was taken into custody at the Roosevelt hotel in Hollywood. He said he would not fight extradition and welcomed the chance to clear up his marital entanglements. EDUCATOR WILL SPEAK Head Master of English School on I. U. Program Wednesday. F.U Times Special BLOOMINGTON, Ind.. July 22. “Invincible Youth” will be the subject of the convocation address at Indiana university V/ednesday morning by Charles W. Bailey, head master of the Holt school, Liverpool, England. <•* Bailey is making a tour of the United States, speaking before the summer sessions of various universities, in order to make a comparative study of American and English modern secondary schools. He ia honorary secretary of the English group schools interested in this study. 105,000 Attended Fair Bu Times Special ANDERSON, Ind., July 22Receipts of the Anderson free fair, held last week, will amount to about $3,000, it is announced by Mayor J. H. Mellett. Estimated attendance for “the four days of the fair was 105,000 persons. Plans will be started immediately for the 1931 fair, which will include agricultural exhibits not shown this year. Man Fatally Beaten Bu United Press EVANSVILLE, Ind., July 22.—Police are searching for a man who they believed beat Barney Logsdon, 35, to death and robbed him of S3O. Logsdon’s body, badly mangled, was found on an ash heap, with the pockets reversed. Eloper's Jar Believed Stolen Bu Times Special ANDERSON Ind., July 22.—Suspecting an automobile used by two couples in eloping was stolen, police here are making an investigation. The couples were Ear! Ridgeway, 22, and Lillian Roberts, 17. daughter of a minister, and Carl Perry, 24, and Miss Betty Kailor, 18. Ray Jeffries was driver of the car alleged to have been stolen from Mrs. Cora Armhur^t. Anti-Alcohol Fight Launched Bu I nited Press RIO DE JONEIRO. Brazil. Julyj 22.—A special commission of the chamber of deputies, appointed to frame a project for combatting al-. coholism in Brazil, held its flnyi meeting today. _ M