Indianapolis Times, Volume 42, Number 74, Indianapolis, Marion County, 5 August 1930 — Page 12
PAGE 12
STOCK ISSUES i MOVE UPWARD ; IN DULL TRADE Profit-Taking Around Noon Reduces Early Gains in Leaders. Average Stock Prices Avenge of thirty Industrials for Monday vai 334.16. up 3 66. Average of twenty Tatis was 131.46. up .47. Average of twenty utilities was 86.73. up 1.41. Average of forty bonds was 96.19. up .16. Anew high for 1930. Bu Unit'd Press NEW YORK, Aug. s—The stock market today overcame effects of a reaction in the price of corn following announcement of rain in some of the drought areas, and leading issues forged ahead ir bull turnover. Steel common moved up to the best price of the current recovery at 170V4, up a point from the previous close, and fair-sized gains were noted in Westinghouse Electric. Radio Corporation, General Electric and a number of special Issues, including Eastman Kodak, which rose nearly 3 points; Columbian Carbon nearly 2, Electric Auto Lite 1%, American Tobacco 2Vi and Warner Brothers Pictures 1%. Around noon profit-taking was being felt in the leaders. Steel, Vanadium and a number of < there reacting from their earlier highs. At the same time buying operations went ahead in the oil group, where quiet strength prevailed. All of the petroleum issues were up fractions to a point. Foster Wheeler rose nearly 2 points. Motor shares also were firm, with all issues showing 5,..a1l gains. Utilities showed a slightly easier tendency and rails were mixed. Sales in the first half hour totaled 182.300 shares, against 115,000 in the same period Monday. Call money held at the renewal rat* of 2 per cent. -*
Banks and Exchange INDIANAPOUS STATEMENT Indianapolis bank clearings Tuesday Aug 5. $3 425,000: balances. $6,278,000. CHICAGO STATEMENT Jtv United Press CHICAGO. Aug s.—Bank clearings, $89,400,000; balances. $8,300,000. NEW YORK STATEMENT JSu United Press NEW YORK. Aug. s.—Bank clearings $1,080,000,000: clearings house balance. $175,000,000 Federal reserve bank credit balance $153 00.000. TREASURY STATEMENT Bu United Press WASHINGTON. Aug. s.—The treasury §et balance op Aug. 2. was $187,491,393.25. xpendltures for the same day were $3,735,540.92. Customs receipts for the month to that date were $3,244,291,000. New York Bank Stocks —Aug. 5 Bid. Ask. America 95 98 Bank of United States 39% 40% Bankers 139% 140% Brooklyn Trust 690 705 Chase National 140 141 Chatham Phoenix National 106 108 Chemical 63 64% City National 128% 129% Corn Exchange 158% 159’ 2 Commercial 370 380 Continental 27% 28% Empire 82 84 First National 4.825 4.900 Guaranty 617 621 Irvtng 49’ 2 50 Manufacturers 90 91% New York Trust 242 244 Public 103’i 105 Chelsea • • • • 33 36 On Commission Row FRUITS Apples—Yellow Transparent. $24(2.50 a bushel: Duchess. $1.753 2.50: Carson. $3. Apricots—California. RovsL $2.50(22.75 a 20-lb. crate. Blackberles—Michigan. $5.50 a 24-quart crate. Cherries—California. 8-lb. box, $3: Michigan. 24-auart crate, $3.2523.50. Currants—Michigan. $333.25 a 16-quart crate. Dewberries—l6-quart crate. $3.2563.50. Eggplant—Southern. $1.50 a dozen. Gooseberries—Michigan. $3.75 a 16-quart crate. Grapefruit—lmperial Valley, $6.5668.50 a crate. Grapes—California, seedless. $4 a crate: Malaga, lug. $2.7563. Huckleberries—ss a 16-quart crate. Lemons—Fancy California. $7.5028 a Crate. Limes—Dominican. $2.50 a 100. Melons—Cantaloupes. Arkansas standards. $3.50 a crate: Jumbo. $3.5023.75; Indiana, flats. $1.25: Jumbo. $1.50: Honey Bail. 362455. $464.50: Honey Dew. $3 a crate. Watermelons —34-lb. average, 602 65c. Oranges—California Valencia, $5.75 6 9 crate. Peaches—Georgia. Htley Bell. $2.25 a one-half bushel basket: Alberta. $4 a bushel. Pears—California Bartlett. $4.25 a box. Plums—California, blue. red. yellow. $1.75 62.25 a basket crate. Raspberries—Red Michigan. $3,502$ a 34-pint crate: black. $3 6 3.25. VEGETABLES Beans—Marion county, stringless. $2.25 a bushel: wax. $1.25 a Climax basket: Kentucky Wonders. $2.2582.50. Beets—Home-grown. 25c a dozen bunches. Cabbage—Home-grown, new. $1.2521.75 a barrel: 3'ic a lb. Carrots—Marion county, $1.25 a bushel: 35c a dosen bunches. Cauliflower—Home-grown. $1.5062 a jr—fitf Celery—California: $6 crate of 4s: Michisan.5 an. $1: Florida, washed. 50c a dozen unches. Corn—Roasting ears. Marlon county. 35 4s 4oc a dozen. . Cucumbers—Home-grown, hothouse. 75c sll 1 dozen. Eggplant—Marion county. $2 a dozen. Kale—Home-grown. 75c a bushel. Lettuce— Washington Iceberg. $5 a crate of 4s. ss: extra fancy Marion county leaf. 75c a 15-lb. basket. Mushrooms—-3-lb. basket. $3. Onions—Green, home-grown. 30c a dozen bunches: new Texas yellow Bermuda. $2 a crate: Marlon countv Yellow Globe. $1.50 a bushel: white. $2. „ . Parsley—Marlon county. 50c a dozen bunches. . ' Peas—Telephone, home-grown. $2.75 a bushel. • Peppers—Southern. $1.5062 a hamper. Radishes—Hothouse, button. 40c a dozen bunches: long red or white. 30c. Rhubarb— Home-grown. 35c a dozen. Spinach-Home-grown. 75c a bushel. Squash—Marion county. $1.50 a bushel. Tomatoes—Marion county. 90c a 10-lb ***TUrnlD?— New. $1.50 a bushel: Marlon Bounty. 45c a dosen bunches. Potatoes—Colorado Russets. $3.50 a 100lb. bag: new Cobblers. $4 a barrel: sweet Tennessee. Nancy Hall, $3: Southern, M.tO a bushel. ROTARY HOLDS OUTING Plane Maneuvers, Parachute Leap on Picnic Program. Airplane maneuvers, a parachute drop and a race between a Marmon automobile and a plane were scheduled features for the annual outing of Group 55 Rotary Clubs at the Speedway golf course today. A golf tournament and athletic contests were to be held. Rotary Clubs from Crawfordsville. Frankfort, Lebanon. Greencastle, Terre Haute and Sheridan were participating. CHRISTENS NEW LINER Mrs. Hoover Breaks Bottle of Spring Water on Steamer. Bu United Press CAMDEN. .N J-. Aug. s.—Mrs. Herbert Hoover broke a bottle of spring water over the Export Steamship Coropration's newest 7,000-ton passenger liner, the Excalibur, today in the official christening of the first of eight new ships to be built by the line under a construction ’Jean granted bj the shipping board.
New York Stocks • 1 ~ (By Thomson ft McKinnon)
—Aw. 5 Railroad! Prey. High. Low. 11:30 close Atchison ~ .zK% 311 318 319 Atl Cowt Line. }59 }*f Bait a ohiorr. ’M}* Chess ft Ohio U7'j M* Chi Ort West 19% Chi N West , "* Eri* ..• • • ss. 41 *< ... I ii: note'Central •••, Lou ft Nash ll*a l}* M K ft T <2 Mo Pacific. •* Mo Pacific pfd J 34 124% W V Central }*4 166 Nickel Plate.... <*% N V N H ft H .. ... 106 Pennsylvania ... 75’# 75V# i5 • 75 Beading ......... 104V# Seaboard Air L-. 20% 30’# 30 • ... t?uthe C ra C RyM% M’s MJa It p'aul 'pfd.V.V 22% '33', .22% 32*s On .01, Pacific 330 .20 Wobash 2?,* V Maryland 24 24 , Equipment#— jtr Locomotive 44’# ... Ovr Am Tank.. .. ... *7 *7 Oene-al Elec ... 72% 711* 72% j 2 • Urns L0c0... 21,, N Y Mr Brake 3 ' ‘ Pnlhnan 69% 69 '7 Westlngh Ar 8.. 38% 3* 38J 38% Westingh Elec ..150% 148 150V# 149% PUk 2% 2V 21, 2 Ooody'ear .W 63', '63 %’ A&SST. 124’* 133’, 124% 123% Chrvsler 30 29’# 30 29 • Graham Paige.. .. ••• ■■■ .2 /2 General Motors.. 47'* 46% 47'* 47 Hupp 11,-* Mack 2 Na“/h mon •: ::: % Packard:: IS% 14% lg #< 13^ Studebaker 3144 31 Vi 31’,* Yellow Truck.... 26 25’# 28 26 Motor Access— Am Bosch 3* , 35*. Bendix Aviation.. .. •• 32 , 32 Borg Warner 30% 29% 30% 29 , Briggs 23% 23 23V, 23% Eaton 24 ii*,' El Storage ••• Stewart Warner ■ ■ ;{' 2 Tlmkin Roil 66 1,7 Mining— Am Metals • ■ -li ilj Am Smelt 69 68% 69 69 * Am Zinc 10', 10% 10‘a 10 me C po n r a nd t a Te C x 0 a D sV. 4*5% 4*s° * 45% 44% SnNlekSf 34 '23% 23% 23% Kennecott Cop. 40 39% 39% 40 Magma Cop 33% 33 Miami Copper... R2jj£S& sui'.: 59 '563* 58<? 584 Am Republic.... .. ... .... I?' 2 Atl Refining 38 37% 38 37** Barnsdall 23% 23% 23% 23% Houston 87% 86% 87. 86 . Ind Oil 24 20 * Indian Refining *3 Me" 23% '% '23% 23% Mid Conti ... .-i -ii,, WSn '.V.V.V. 33/ * fi< s|> 3 % *g% 4 Shell Un 19‘i 19% 19% 19% Simms Pt -• il + 'A* Sinclair 25 2i 5 * 25 25 Clrftllv .. ... 0.. oU*4 Standard of Cai 65% 64% 65% 63% Standard of N J 74% 73% 74% 73 * Standard of N Y 32% '32% 32V. 32% Texas Cos 54 52 % 54 52 * Am**RoU* Mills. 59 58 58% 57% Bethlehem 83% 63 * 83 * 84 Bvers A M 72% 72% 72% 71% Colo Fuel •% Cruc Steel Ludlum 27 27% Repub X ft S- 47 46V# 47 47 * u S Steel 170 1684 b 170 169 V* Vanadium 102% 101 102% 101% Youngat Sft W 35% 35V# 35’,# 34V# Am Tobacco (A) 248V# 248 248 247% Am Tob (B) ... 256 253V* 256 254% Con Cigars ... ••• 39 Lig ft Myers B 95 94% 95 95 Lorillard 23% 23% 23% 23% Reynolds Tob 51 United 6% Adams Exp ... 27% 27V# Am For Pwr.... 74% 73% >4% 74% Am Pwr ft LI.. 84% 83Vi 84 83V# A T&T-. ...215% 215% 215% 216 Col Gas ft El.. 64% 64 64 64* &° li .:: ft: \ Stl T B ft A f46% 46% 46% 46% No*Amer CoT'l'.'.loiV* i66 ioi 101 V. Pac Gas ft El 5° Pub Ser N J 93% 93% So Cal Edison 57* Std G ft El 97% 97V4 United o>rp....‘ 33% 32% 33% 33,. Pt Pwr ft L A.. 34% 33’* 34% 33% West Union 171 171 Am hl lnt| n Corp... 35% 35% 35% 35% Inti Mer M pfd 22% United Fruit M>m°Su'e _ 54 53V# Armour A-• ••• *'4 51/ * Can Dry 64% 64 64 ... Coca Cola 17 9%
In the Stock Market <By Thomson & McKinnon) NEW YORK, Aug. s.—Ordinarily a drought as extensive as the one which now grips the country would hardly be looked upon as a bullish argument for stocks. However, following several years of overproduction, there is an abundance of grain which may be substituted for such production that is lost. In stimulating a demand for these accumulated supplies the- situation is benefitted. Furthermore, the nation, to the extent heretofore, is no longer dependent upon raising agricultural surpluses. The whole commodity situation seems to be taking on a different aspect. ‘ Indices pointing out to the activity of business, should from h°re on begin to assume a better color. With motor car production rapidly increasing, and steel mill operations raising, freight traffic should begin to enlarge. The stock it seems is sensing this more hopeful outlook and reflecting a persistent demand for our good securities.
Produce Markets
Eggs (Country Run!—Loss off delivered in Indianapolis. 17c; henery quality No. 1. 23c; No. 2. 13c. , _ , . . Poultry (Buying Pricse)—Hens, weighing 4*2 lbs. or over. 23c: under 4% lbs.. 18c. Leghorn hens. 14c- springers 2%. lbs. or over, 21c: under 3% lbs.. 18c: Leghorn springers. 15c; old cocks. 9610 c; ducks, full feather, fat whites. 9c: geese. 6c. These prices are for No. 1 top quality, quoted by Kinean & Cos. , Butter (wholesale) —No. 1. 40041 c. No. 2. Slfiutte fat—39c Cheese (wholesale selling price per pound*—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c: Longhorns, 34c; New York Llmberger, 36c. Bu Puffed Press CHICAGO. Aug. s— Eggs—Market, firm; receipts, 11.331 cases; extra first*, 24% 0 25c: firsts. 24c; current receipts. 20@22%c; ordinaries, 15017 c: seconds. 12614'jrC. Butter—Market, easy; receipts 11 055 tubs, extras. 36%c; extra firsts, 35%@36c; firsts. 33%@34%c; seconds. 30032%c; standards. 36%c Poultry—Market, firm: receipts. 2 cars: fowls, 20620’5e; springers. 26c; Leghorns. 14c: ducks. 14617 c; geese, 16c; turkeys. 18c: roosters. 16c: broilers. 2le. Cheese-Twins. 166617 c; Young Americas. 18c. Potatoes—On track, 230: arrivals. 42, shipments, 364; market, steady: Kansas and Missouri sacked Irish Cobblers. *1.40 @1.50; Minnesota sacked .Early Ohios, *1.40; Virginia and Maryland, barrels, Irish Cobblers mostly $2.75. Bu United Press CINCINNATI. O. Aug. s.—Butter, steady; creamery In tub lots, according to score 33638 c; common score discounted 363 c; packing stock No. l. 27c; No. 2. 20c: No 3.15 c; butter fat. 35037 c. Eggs— Steady: cases included; extra firsts. 28c, firsts. 23c; seconds, 18c; nearby ungraded. 32c. Lire poultry—Thin and coarse stock sells only at heavy discount: fowls, 5 lbs. snd over, 18'ic; 4 lbs. and over, 18c: 3 lbs. and over, ibc; Leghorns, 3 lbs. and over. 13c: roosters. 12c: colored tryers. over 3 lbs.. 26e: broilers. >l°rcd over 2 lbs.. 25c: broilers, over 1% lbs.. 22c. 1% lbs and over. le: Leghorns and Orpington broilers, over 1% lbs . 22c. 1% lbs. and over. 19c: broilers, partly feathered, 15 018 c; black springers, 18c. Bu United Press NEW YORK. Aug. s—Flour-Moderate-ly active and firmer; sprP.ig patents. *SO 540 Pork— Steady. Mess—s3o.so. Lard —Strong Middle West—Spot. *10.90611. Tallow—Steady• special to extra. 5%® 5%c- Potatoes—Quiet and steady: Long Island. *1.2562.50; southern 8102: Jer—y. 75c6*2. .Sweet Potatoes—Quiet. Southern baskets. Southern barrels. *125 @6.50. Dressed Poultry—Dull: turkeys. 20 @44c: turkevs, 30644 c: chickens. 20036 c; fowls, 14629 c: ducks. 12615 c: ducks. Long Island 13618 c. Live Poultry—Nominal. Cheese—Firm: gut whole milk, fancy to special. 24 6 26c- Young America. 18025 c. Building Permits Mrs. J. P. Myers, repairs, 2009 LaSalle. *2OO John Robinson, repairs. 2706 Wheeler. 1300 R. O. Johnson, garage. 3709 Highland. TUakamp, dwelling. 1538 Wade,
Cont Baking A.. .. ... 23 J * Com Prod 94V4 Cudahy Pkg .... .. Gen Food* 54% 54% 54% 54% Grand Union 17 16% lg! 1> Hersi.ev 96% 96% Kroger ...' 25% 25% 25% 25% Nat Biscuit 86% 86 86 B6 Safeway Bt ■■ SSV Std Brands 20 7 'a 20% 20 * 20,* Ward 7 Drug#— Coty Inc *• ••• 22 21*4 Lambert Cos 92 Indust rial#— Am Radltor 26 ’ 26 Bush Term 31 *• • Certainteed ••• 8 Gen Asphalt Otis 66 65 ,2 Indus Chems—com d soiy enI :::: 2 7 ‘ 2 ’ 2 *2% 2 2i% Unfon Carb .... 74% 74% 74% 74 U S Ind Alco * 7 % Retail Stores — Assoc Dry Gds 34% Gtmbel Bros ... -• Kresge 8 8 .... 30 29% 29% 28% May D Btore ... ~ ••• , 35% Mont Ward 35% 35V, 35_ ... Penny J C ■■ 54# 55 Sears Roe 67% 67 67% 66% Wooluorth 61 59% 61 59V# Amusement*— STW..V.-. if: 'it: -iia ■’* SSSfISi •::u4., at w* , If. s SS S* S4 Loews * Inc .... 73 72% 72% 72 Param Fam ... 60 58% 60 59% Radio Corp 45% 44% 45% 44% R-K-O 33% 32V* 32% 32% Schubert I]V Warner Bros 35% Miscellaneous— Airway App , 17 City Ice ft Fu 42 V'a Congoieum ... ... 13 Am Can 133'i 131V# 132 2 i 132% Cont Can 60% 60 60% 60Vi Curtiss Wr ... 7% 7V 7% 7Vi Gillette S R ... 85 84% 84'/a 85 Real Silk 43 43
HOPE TO BARE NEW ANGLES IN GASTAX CASE Ogden, Cooper Talk Things Over; Fifield’s Kin Oil Inspector. New angles on the somewhat dorS; bootleg gasoline probe may t from a conference today between Attorney-General James M. Ogden and Bruce E. Cooper, resigned gasoline tax field auditor and alleged conspirator in the scheme which defrauded the state of thousands of dollars of gasoline tax money. One of the “new ables” is the information that Secretary of State Otto G. Fifleld has a brother who has been a state oil collector at Whiting throughout the time that the tax free gasoline was being sold in Lake county and elsewhere. He is Leo B. Fifleld and lives at Hobart. He Knows Nothing The secretary of state stated today his brother said he knew nothing about the bootleg gasoline scandal. He has been with the department a year or more, but his name does not appear among the oil inspectors listed in the 1929 Governor’s year book. The job pays $125 a month. R. S. Springate, Whiting, oil inspector at one time connected with the case through reports to Ogden, does appear on the year book list. He is Whiting city chairman for the G. O. P. Fifleld long has scouted the theory that the Republican organization in northern Indiana had anything to do with the conspiracy. Suggests U. S. Probe Cooper again denied his connection and suggests a federal investigation of interstate shipments of gasoline labeled “distillate.” This was the scheme whereby the state was defrauded. Cooper and Louis H. Joers, Michigan City, have been the ones slated for grand jury investigation in the matter. Earl Stroup, deputy attor-ney-general, and Leland K. Fishback, state gasoline tax collector, are in Lake county trying to obtain action, according to Ogden. George W. Hufsmith, also a deputy attorney-general, has taken part in the matter and is said to be at loggerheads with Oliver Starr, Lake county Meanwhile, Cooper says he has nothing to fear and urges the whole matter be “honestly exposed.”
Marriage Licenses Eugene G. Hinton. 30, of 4855 Hillside, clerk, and Louise E. Gray. 21, of 806 North Delaware, inspector. Clarence M. Yates, 35. of 2705 Rader, merchant, and Jayne M. H. Crozler, 30. of 636 Highland. John H Sandridge. 37. of 1721 Peck, janitor. and Hattie Robinson. 37. of 1721 Peck. James C. Mitchell, 30. of 880 Roache, clerk, and Odia N. Word. 24. of 1216 Cornell. Herman E. Schaefer. 22. of 2119 East Garfield, chemist, and Clara Carson. 20. of 717 South Alabama, stenographer. Edwin E. Schantz. 24. or 618 Lockerbie, clerk, and Delia M. Commins. 22. of 850 North Oakland, clerk. George Hardin. 26. of 351 Bicking. mechanic. and Ruth L. Settles. 27. of 351 Bicking. clerk. Robert Nelms. 21. of 437 West McCarty, laborer, and Bernice M. Kenlson. 17. of 415 Abbott. E. Jack Snider. 23. of 1530 North Illinois, clerk, and Mary M. Abel, 21. of 500 East Drive Woodruff Place, clerk. Albert Cannon Jr.. 36. of 618 Douglas, janitor, and Mary F. Hill. 20. of 818 Athon. NEW YORK COFFEE RANGE —Aug. 4 High. Low. Close. March 5.76 5.63 5.63 May 5,70 5.60 5.56 July 5.60 5.55 5.60 September 6.46 6.45 6.45 December 5.91 5.83 5.83 BUS LINES PETITIONED Extension South of C.iy Asked by Meridian Route Operator. Petition to extend a rural bus line south of the city was made to the public service commission today by Theodore J. Brill, operator of a line on South Meridian street, from the Three-Notch road to Stop 4. The new route would be: East from Union bus terminal, 125 East Market street, to Circle, to Meridian street, south to Madison avenue, southeast to Southern avenue, west to Three-Notch road, and then south to Epler avenue in Edge wood, Perry township. Buses would return over the same route to Maryland street, west to Capitol avenue, north to Market street and east to station. STRAYED, NOT STOLEN Awakens, Finds False Teeth Gone; He’s Still Looking. Bu United Press CHICAGO, Aug. s.—Sam Shagrew went to sleep on a beach, awoke, bought a hot-dog. discovered he couldn't eat it because his six false teeth were missing. Greatly excited, he raced to a surgeon, who found no evidence the molars had been swallowed. Then Shawgrew remembered he had removed the teeth, raced back to the beach, searching through the sands, but tailed to find them.
THE INDIANAPOLIS TIMES
PORKER TRADE HOLDS STEADY AT CITYYARDS Cattle Trade Shows Firmer Trend; Vealers Sell $1 Higher. Aus. Bulk. Top. Receipts. 2 9 35 9.75 9.75 1.000 4 9.50® 10.00 10.00 4.000 5. 9.50® 10.00 10.00 7,000 Hogs showed little change this morning at the Union Stockyards, prices for the most part ranging steady at Monday’s average. The bulk, 160 to 260 pounds, sold at $9 50 to SIO.OO, the latter figure holding as the day’s top. Receipts were estimated at 7,000, holdovers were 106. In the Cattle market slaughter classes were slow with better grades steady. Others were weak to lower. Receipts sere 1,700. Veals cold $1 higher at $11.50 down. Calf receipts were 900. Sheep were strong at $9.50 down. Receipts were 2,000. Chicago hog receipts were 15,000, including 3,500 direct. Early bids on lightweights were steady with Monday’s average; asking 10 to 15 cents higher. A few sales of packing sows were 10 to 15 cents higher. Early bids on 170 to 220-pound weights were $9.75 to $9.85; few sales light packing sows at $7.90 to $8.25. Cattle receipts were 6,500; sheep, 10,000.
HOGS Receipts, 7,000; market, steady. —Light Lights—-(l4o-160) Good and choice $9.60® 9.75 —Light Weights—-(l6o-180) Good and choice .... [email protected] (180-200) Good and choice [email protected] * —Medium Weights—-(2oo-220) Good and choice .... 9.75® 9.90 (220-500) Good and choice 9.50® 9.75 —Heavy Weights—-f2so-290) Good and choice 9.25® 9.50 (290-350) Good and choice .... 9.00@ 9.25 Packing Sows—— ~, ... ... (275-500) Medium and good .. 7.25® 8.00 —Slaughter Pigs—-(loo-130) Good and choice 9.20® 9.50 CATTLE (Slaughter Clasces) Receipts, 1,700; market, steady. —Steers—-(6oo-1,100) Good and choice *...$ 8.50(5.10.50 Common and medium 6.00® 8.50 (1100-1500) GodC and choice 8.25® 10.25 Medilim 6.50® 8.25 —Heifers—-(sso-850) Good and choice 8.50® 10.25 Common and medium 5.50® 8.50 —Cows— Good and choice 5.75® 7.00 Common and medium 4.00(5 5.75 Low cutter and cutters 2.50® 4.00 —Bulls (Yearlings excluded) Good and choice beef 5.50® 7.00 Cutter, common and medium. 3.50® 5.50 CALVES AND VEALERS Receipts, 900; market, higher. Vealers (Milk Fed) Good and choice [email protected] Medium 9.00®11.00 Cull and common 6.00® 9.00 Calves (250-500) Good and choice 7.00® 9.50 Common and medium 5.00® 7.00 . STOCKER AND FEEDER STEERS (500-600) Good and choice 5.50® 7.25 Common and medium 4.00® 5.50 (800-1050) Good and choice 5.50® 7.25 Common and medium .. 4.50® 5.50 SHEEP AND LAMBS Receipts, 2,000; market, steady. —Lambs— Good and choice $ 8.50® 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 Bu United Press
CHICAGO. A fig. s.—Hogs—Receipts, 15.000; including 4,500 direct; active, lighter weights 5610 c higher; weights above 230 lbs. and packing sows. 100 20c higher: top. 510: packing sows. $7.7568.15; light lights, 140-160 lbs., good and choice. $9.2569.90; light weight. 160-800 lbs., good and choice, $9.75@10; medium weights, 200-250 lbs., good and choice, $9.40ft10; heavy weights, 200-330 lbs., good and choice. $8.7569.50: packing sows, 275-500 lbs., medium and good. $7.2568.25: slaughter pigs. 100-130 lbs., good and choice. $8.2569.40. Cattle—Receipts. 6.500: calves. 2.000; general market, steady to 25c lower; very slow; slaughter cattle and veaiers; steers. 600-900 lbs., good and choice. $9.25 @11: 900-1100 lbs., good and choice. s9® 11: 1100-1300 lbs., good and choice. $9611; 1300-1500 lbs., good and choice. $8,756 10.75: 600-1300 lbs., common and medium. $5.7569.25: heifers. 550-850 lbs., good and choice. [email protected]: common and medium, [email protected]: cows, good and choice. $5.5068: common and meduim. [email protected]; low cutter and cutters. $2.7563.75; bulls, yearlings excluded, good and choice, beef. $6,256": cutter to medium. ss@7: veaiers. milk fed, good and choice. $10612: medium. s9@lo; cull and common. $6.506 9. Stocker and feeder cattle—Steers. 500-1050 lbs., good and choice. $6.7507.25: common and medium. $4.7566.75. Sheep—Receipts. 10,000; lambs, strong to a share higher: very light sorts considered: bulk natives ewes and wether lambs. [email protected]; early top, $9.55: some held higher; bucks mostly. sß® 8.25: best westerns unsold; slaughter sheep and lambs: lambs. 90 lbs. down, good and choice. [email protected]; medium. $7.25 68.75: all weights common. $5 67.25; ewes, 90-150 lbs., medium to choice, $2 2564; all weights, cull and common. *[email protected]: feeding lambs. 50-75 lbs., good and choice, $6.2566.75. B.u Times Special LOUISVILLE, Ky.. AVg. s.—Hogs Receipts. 800; market steady; 225 lbs. up, $9.15: 165-225 lbs.. $9.80: 130-165 lbs.. *8.95; 130 lbs. down. $7.25: roughs. $6.65: stags, $6.05. Cattle—Receipts. 100; market steady; prime heavy steers. sß@9: heavy shipping steers. $6.5068: medium and plain steers. $5.50 6 6.50; fat heifers. $4,506 8.50: good to choice cows. $465.50; medium to good cow's, $3.5064: cut>ers. $3.25@ 3.50: canners. $263; bulls. $3,50 6-5.50; feeders. $66,7.50: stockC 'S. $566. Calves— Receipts. 200: market 3*:c higher; choice. sß@9; medium to '(O'J. <'6.506.7.50; common to medium. .'<466. Sheep—Receipts. 700: market steady: ewt and wether lambs. $8.50: buck lambs, $7.50: seconds. $464.40: clipped lambs. [email protected]. Monday’s shipments: Cattle. 472; calves, 254: hogs. 391; sheep. 1,395. Bit United Press CINCINNATI. Aug. s—Hogs—Receipts. 3,984, including 1.284 direct, no holdovers; market slow, steady to 10c lower than Monday’s averages; better grade. 170-220. mostly $10: some choice around 190-lb-weights. $10.10: 230-275 weights. $9,256 9.75: 300 lbs. downward. $9; desirable 120150 lbs., mostly $9.50: packing sows. $6.75 to mostly $7. Cattle—Receipts. 600; calves. 360: generally steady: common to medium grass steers and heifers, largely $567; some more desirable. *[email protected]. with mixed yearlings, upward to $9.50; mostly beef cows. $4.7565.75; best cows up to $6.25; lower cutter and cutter cows. s3@4' top bulls. $6.50: bulk lighter weights. $4.50 65.75: veaiers active, mostly 50c higher: good and choice kind largely $10611; lower grade, *609.50. Sheep—Receipts. 12,000: lambs steady to 50c higher, better grace showing the advance in general: sheep steady: bulk good and choice Jambs. $9.50610; medium grade and buck lambs, $667: common throwouts. $566; fat ewes largely $2.5063.50: choice upward to $4. Bu United Press ... _ .. EAST BUFFALO. N. Y.. Aug. s.—Hogs Receipts, 500: holdovers 200: weights above 170 lbs.. 15625 c higher; lighter averages 15c nigher; bulk. 170-210 lbs.. 510.40. lew $10.50; 160 lbs and down. $10610.25; 220250 lbs.. $9.75@ 10.25: packing sows, $7.50 @7.90. Cattle—Receipts, 25: market, nominally steady. ket. veaiers 50c higner; .good to choice, $13613.50: common and medium, SB6 11.5 b. Sheep—Receipts, 800; market, lambs strong to 25c higher; good to choice natives leniently sorted, $10.25610.50; throwouts downward at $6.50; fat ewes at $4. Bu United Press „ ... PITTSBURGH. Aug. s.—Hogs—Receipts. 500; market, slow to steady; 150-220 lbs., *10010.30: 230-26.1 lbs.. $9.4069.90; good sows. $7.50; pigs, $9.50 down. Cattle — Receipts, none; market, nominal. Calves — Receipts. 25; market, steady; top veaiers, sl2; others down to *5 for common. Sheep —Receiots. 500: market, steady, choice fat lambs, $9.50610; medium to good, $768. Bu United Press „ , . CLEVELAND. Aug. s.—Hogs—Receipts. 1.000: holdovers 64: steady to 10c lower: 160-210 lbs.. $10.10: top. $10.15; 220-250 lbs.. $9.65 : 250-300 lbs.. $9.15: heavier butchers, dull: pigs. $9.50. Cattle—Receipts. 175: slow, undertone weak to 25c lower; low cutter cows. $363.50 and occasionally lower: sausage bulls around SSO 6.25; Uttle done on steer. Calves—Receipts. 500 j fully, steady: good to choice veaiers. $12.50 613 or above: common to medium Kinds around. $7.5069. Sheep—Receipts 800: steady: good to choice lambs. S9.SOS 10: nothing outstanding included, fat ewes Quotes. $2.50 @4. • M ■ I—Btt United Press EAST ST. LOUIS. 111.. Aug. s.—Hogs Receipts. 11.500: steady to 10c lower than Monday's average: bulk. 160-225 lbs.. *9.60 479.75: too. *9.80 : 250-280 lbs *9.2569.50; most sows. *7.3567.60. Cattle—Receipts. 5 000 Calves—Receipts. 2.000: market, native and western steers, steady: mixed yearlings and heifers, steady to Uoc higher: top. *10; cows, steady: low cutters, strong ta 25c filgher: bulls, steady; veaiers SOc higher at *11.7* , Sheep—Receipts 2,500: market, few closely sorted lambs to city butcher* steady at [email protected]; indications also steady on others.
Dow-Jones Summary Net profit of Wheatsworth. Inc., for alx months ended June 30. 19* was $184,205 after charges and federal •* against $171,829 in first six month! 1929. London, stocks of crxde rubber in London Aug. 2. totaled 80.371) ton*. * decrease of 466 ton* from preceding week. London. New York cables opened at 487 3-16. Paris checks 123.80. Amsterdam 12.092, Italy 93.01, Berlin 20.375. Net profit of Federal Bake Shops. Inc., for six months ended June 30. was $115,377, after charges and federal taxes against $104,971 in first six months 1929. Profit of Bourjois. Inc., for six months ended June 30. was $127,999 after charges, but before federal taxes, against $227,211 in first six months 1929. Further discussion of oil situation in taxes will be held at a meeting of operators and other interested persons at Austin on Aug. 8. Federal reserve board’s condition statement on July 30. shows increases for week of $140,000,000 in losns and investments and $106,000,000 in net demand deposits. Time deposts decreased $18,000,000 and government deposits $11,000,000. Loans on securities $8,416.000,000. increase of $18,000,000. All other loans $8,529,000,000. Increase $79,000.000. Total loans $16,945,000,000. increase $93,000,000. Holland Furnace declared regular Quarterly dividend of 62 Vi cents on common, payable Oct. 1. record Sept. 15. Chicago Great Western handled 28,931 revenue freight cars in July, against 30,970 in July, 1929. Total sugar melt in fifteen United States refiners from Jan. 1 to July 26 was 2,795.000 long tons against 2.980.000 in like 1929 period. Deliverl*f 2.615,000 long tons against 2,750,000. R. Hoe & Cos. in six months ended June 30, earned 72.05 a Class A share, against $2.11 in first half 1929. Charles E. Hires declared a dividend of $1 on Class B and management stock and regular quarterly dividend of 50 cents on Class A stock, payable Sept. 2, record Aug. 15. Also declared regular quarterly dividend of 50 cents on Class A stock for fourth quarter of 1930 payable Dec. 1, record Nov. 15. Dividends of $1 on Class B and management stock is the same as was paid at this time last year. Central Public Service Corporation twelve months’ profit before interest, depreciation and taxes, $16,326,087, against $15,187,012 In similar 1929 period. American Equities Company acquired controllng interest in Intercontinents Power Company through purchase of block of Class B common stock. Airway Electric Appliance first six months earnings sl.lO a common share against $2.05 a share in first half 1929. Samuel Howard appointed receiver for Universal Wireless Communications Company. Inc., by federal court of Chicago, Wisconsin Power and Light June quarter net after taxes and charges $616,962 against $593,692 in like 1929 period Twelve months $2,488,539 against $2,335,477. Arrangements made for sale of Curb Exchange membership at $150,000 increase of $13,000 over last previous sale. Swift ft Cos., sells patents, patterns and good will of its packing house equipment subsidiarv Mechanical Manufacturing Company to Allbright Nell Company. Marmon Motor Car Company omits quarterly dividend on common stock due at this time. On June 2 stock dividend of 2 per cent was paid and on March 1 dividend of 50 cents was paid. Stock exchange loans to members on July 31 were *3.689.482.297 against $3,727.711.289 on June 30 and $7,473,794,294 on July 31. 1929-Colorado-Southern system June net operating income $120,228 against operating deficit of $11,780 in June. 1929. Six months net operating Income $1,154,052 against net operating Income $1,705,199 In first half previous year. General Water Works and Electric Company reports for twelve months ended June 30. balance after expenses. $4,104,660 against $4,054,407 in previous twelve months.
SAILOR SHOOTS WIFE Bullet Enters Brain but Is Not Fatal. Bu United Press EVANSVILLE, Ind., Aug. 5. Mrs. Ethel Byer, 32, is reported improving slightly today from effects of a bullet wound allegedly inflicted by her husband, Herman, 32, at a drinking party at which the couple were guests. Byer, a sailor on the U. S. S. Kankakee, was arraigned in the city court and will be tried Aug. 25, after the outcome of his wife’s wounds can be determined. The bullet entered Mrs. Byer’s forehead above the right eye and penetrated the brain. PREDICTSJJGE LOSS Corn Disaster Is Warned by Arthur M. Hyde. Bu United Press KANSAS CITY, Aug. 5.—A com crop loss of possibly 500,000,000 bushels from heat and drought was predicted today by Arthur M. Hyde, secretary of agriculture, who was here to address a meeting of the Midwest Retail Merchants’ Council. ROBERT H. MATHESON RITES WEDNESDAY Former Insurance Man Lived in City Fifty Years. Funeral services for Robert H. Matheson, 80, resident of Indianapolis fifty years, who died at his home, 1337 Lee street, Monday night, will be held at Shirley Brothers undertaking parlors at 1:30 Wednesday. Burial will be in Crown Hill cemetery. Matheson was born in Scotland and came to this country at an early age. He formerly was in the insurance business here. Surviving him are the widow, Mrs. Harriet Robinson Matheson; a son, Robert R. Matheson, and a daughter, Mrs. Joseph Maxwell, 'noth of Indianapolis.
BODY IS FOUND IN CLOB Auditor Believed to Have Killed Self in Room at Elks. Bu United Press INDIANA HARBOR, Ind., Aug. 5. —The body of Fred Hartman, auditor for an East Chicago manufacturing company, was found in his room in the Elks building at Indiana Harbor Monday night, where it was believed he shot and killed himself last Saturday night. Hartman was a veteran of the Boer war in South Africa and also a member of the Princess Pat regiment, serving during the entire World war. Other Livestock Bu Initrd Press M ... ... FT. WAYNE. Ind.. Aug. s.—Hogs—Market steady; 90-130 lbs.. *: J*Ss9.4o: 150-170 lbs.. *9.85; 170-190 lbs.. S9JS; 190-210 lbs.. *9.75 : 210-230 lbs $9-55: 230250 lbs.. *9JS : 250-270 lbs *9.10. 270-300 lbs.. *9; 300r325 lb*., *8.75 : 325-850 lb*., *8.50; rougfi*. *7; stags. 85. Calve* *11.50.: laatb*—ll.
CORN FUTURES UP 4 CENTS IN CLOSING RALLY • Wheat Ends Day at Higher Prices; Oats Market Shows Gains. Bu United Press CHICAGO, Aug. 5. Climbing rapidly in the latter part of the session on the Board of Trade today, corn gained 4 cents from its early lows to close sharply higher. The reinstating of long lines sold out early in the morning gave the market a strong tone, prices reaching new highs. Wheat gained with corn after having been relatively strong most of the day. The severity of crop damage was shown by the fact that President Hoover has announced that steps will be taken to relieve the suffering communities. Oats advanced with the others. At the close wheat was 2L4 to 3% cents higher, corn was 17s to 3% cents higher and oats were % to 1% cents higher. Provisions were strong. The large increase in the visible supply in the United States caused Liverpool to ease slightly in the latter part of the session, but at the close prices were still 1% to 1 % cents higher Cash prices were H to % cent higher. Receipts were 163 cars. Very light. Reports of general beneficial rains in Nebraska, lowa and Oklahoma led to general selling of com at the start and prices broke sharply. The market had eased further, with locals and commission houses on the selling side. Secretary of Agriculture Hyde’s estimate of a 500,000,000-bushel decrease in the com crop brought in some support. Private reports are still bullish, with more received today from Missouri and southern points. Cash prices were % cent to 1 cent higher. Receipts were thirty cars. Oats moved in sympathy with com, and by mid-session was off sharply. Some support was met at the bottom around mid-morning. Cash prices were % cent to 1 cent higher. Receipts were 177 cars.
Chicago Grain Table —Aug. 5 WHEAT— Prev. Open. High. Low. Close. Close. Sept.. .88% .91*4 .881* .91% .88% Dec .95 .97% .94 .97% .94% Mar.. 1.00 1.02 .98% 1.01% .98% May.. 1.02% 1.05*4 1.01 % 1.04% 1.02 CORN— Sept.. .89 .93% .88% .93% .89% Dec... .86 .89% .85'/a .89% .87% Mar.. .90 .93% .89% .92% .91 OATS— Sept.. .38% .40% .38% -40 .39% Dec . .42% .44 .42% .43% .43% Mar.. .45% .46% .45% .46% .45% May.. .47% .48 .46% .48 .56% RYE— Sept.. .60 .61% .59 .61% .59% Dec.. .65% .67% .64% .67 .65 Mar.. .70% .72 . 69% .71% .70% LARD— Sept. 10.52 10.60 10.47 10.55 10.45 Oct.. 10.57 10.65 10.55 10.65 10.50 Dec. 10.52 10.55 10.42 10.50 10.40 BELLIES— Sept 13.52 13.45 Bu United Press CHICAGO. Aug. s.—Carlots: Wheat, 466: corn. 109: oats. 425: rye. 8, and barley. 34. Bu Times Special % CHICAGO. Aug. s.—Primary receipts: Wheat. 3.889,000 against 4.508.000: corn. 427.000 against 800.000; oats, 1.048.000 against 853.000. Shipments—Wheat, 3,034,000 against 3.283.000; corn. 693.000 against 794.000; oats. 371.000 against 251,000. Bu United Press CHICAGO. Aug. s.—Cash grain close: Wheat—No. 2 red, 88%689'Ac: No. 3 red. 87%c; No. 2 hard. 87%@88%c. CornNo. 2 mixed. 91@91%c; No. 3 mixed. 91c: No. 6 mixed. 89c; No. 1 yellow. 91% 6 91%c: No. 6 yellow, 88% c: No. 2 white. 92%c. Oats—No. 2 white. 38%638%c: No. 3 white. 37% 638 c. Rye—None. Barley—--48@60c. Tim0thy—5.2565.75. Clover -y. $10.25610.75. Bu United Press TOLEDO. 0., Aug. s.—Grain close: Wheat—No. 2 red. 016692 Vic. Corn—No. 3 yellow. $1.00%@1.01%. Oats—No. 2 white, 42643 c. Rye—No. 2. 74c. Barley—No. 2. 54c. Clover—Domestic, cash. $13.75; prime choice. $14.05; October. $14.50: December. $14.75. Alsike—Cash. $1,810; October. sl2; December. $12.25. Butter—Fancy creamery. 41 @ 42b. Eggs—Country run, 206 22c. Hay—Timothy. $1.25 cwt. Local Wagon Wheat City grain elevators are prying 72c for No. i red wheat and 70c for No. 1 hard wheat. ATWATER KENT MEN TO RIDE IN PLANE Dealers to Fly as Feature of Company Convention. Old Man Static was scheduled for a visit in his stamping grounds—the air—this afternoon, when 350 Atwater Kent radio dealers were to take plane rides at Mars Hill airport. The aerial trip was to be a feature of the opening of the convention of the company’s salesmen md dealers in the Claypool. , The plane service was under the direction of the Curtiss Flying Service of Indiana. Two hours of vaudeville and cabaret entertainment with the Atwater Kent radio hour being heard by special wire from station WFBM will close the convention tonight. LEGS ARE LACERATED Foundry Worker Injured When Gashed by Drill. August Metzler, 37, of 1324 West Thirty-second street, was taken to Methodist hospital with legs lacerated badly today after an electric drill he was operating slipped and tangled in his clothing. Metzler was an employe of the American Foundry Company, 1535 Naomi street, where the mishap occurred.
Henry L* Doherty & Cos. Announce Removal of Their Indianapolis Office From 1607 Merchants Bank Building To Larger Quarters at 705-706 Fletcher Savings & Trust Bldg. We also anonunce our all-night telephone service for the convenience of Cities Service Security holders. R. S. Nordyke, Mgr. Local Office
The City in Brief The Indiana Aircraft Trades Association will meet Aug. 8 at 7:30 p. m. in the Chamber of Commerce building. Faris Pump and Manufacturing Company, 2253 Hillside avenue, have filed incorporation papers with the secretary of state. The company has been operating a small plant to manufacture electrical pumps and expects to expand, it was said, incorporators are Earl L. Faris, William C- Faris and Elvin E. Faris. Organization of a Negro post, Veterans of Foreign Ware, is the aim of a meeting to be held in the K. of P. Hall, Walnut street and Senate avenue, Thursday night. Edward G. Schaub, state commander, will preside. A joint annual reunion of former residents of Daviess and Martin counties will be held in Garfield park, Sunday. Speeches, contests, and a basket dinner will feature the picnic. Owen Stewart of Beech Grove, has been elected president of the organization of former residents of Posey county. The body held a reunion picnic at Garfield park, Sunday. Other officers chosen were Timothy Dady, vice-president. H. A. Stewart, Acton, secretary; and Mrs. Neoma Putman, treasurer. A meeting of the Democrats of the Sixth ward will be held tonight at the home of Miss Frances Roby, 829 Fayette street, committee woman of the ward’s Second precinct. Explanation of the methods being employed to move the Indiana Bell Telephone Company’s building. Meridian and New York streets, will be given by Otto N. Mueller, Indianapolis engineer, at Wednesday’s luncheon of the Kiwanis Club in the Claypool. Suit of William M, Ashbum, Anderson Ind., asking $15,000 damages from the Pennsylvania Railroad Company for injuries allegedly sustained while in the company’s employ, has been transferred from the Madison circuit court, Anderson, to federal court here. Lonnie Petrey, 23, Bridgeport, R. R, 1, arrested after his brother-in-law, Arthur Bennett, was shot in the shoulder at the Petrey home by three men who demanded liquor, was held to the federal grand jury under $1,500 bond today on liquor charges by Howard S. Young, United States commissioner. A petition asking that Joseph H. Glass, Elwood, Ind., be declared an involuntary bankrupt was filed in federal court today by the Farmers Loan and Trust Company, Tipton, Ind.
DEMOS HOLD REGION ALR ALLY Muncie Host for Candidates and Party Leaders. Bu Times Special MUNCIE, Ind., Aug. s.—Democratic candidates for state offices gathered here today for a regional conference. Chairman Earl Peters was to preside at the meetings to be held at the city hall Earl Everett, Delaware country chairman, said political workers would be present from Jay, Randolph, Adams, Wells, Madison and Delaw.'vs counties. Plans for che fall campaign were to be made. Claude C. Ball, Muncie, Democratic nominee for congress from the Eighth district, was to be one of the principal speakers. Births m Boys John and Cecelia Graul, 755 West New York. Aaron and Beulah Henley. Methodist hospital. .... . James and Thelma Sawyer. Methodist hospital. Charles and May Noble. Methodist hospital. Harry and Frances Sage. Methodist hospital. Arthur and Alice Lovell. Methodist hos--oiHowardiHoward and Gertrude Phillips. St. Vincent’s hospital. ■ .. Martin and Helen Lamer. St. Vincent s h °Ralph' and Modessa Spencer. 1062 West Tl perry fif and Bernice Jackson, 1638 Sheldon. , Girls Marion and Antonia Cooper. 916 Colton. Edward, and Velma Alexander, MethoRuth Deming. Methodist hosDi Knneth and Francis Parker. Methodist nnd Julia Shaheen. St. Vincent's h °A?be!-t ard Ruth Jeffers. St. Vincent’s ho Earl*‘‘ tnd Una Cramer. 1436 North Hamilton. _. Deaths Ethel Roth. K 1229 East Market, acute aP fie?vin lt King, 1129 Bellefontaine. lobar Pl Geraldine Porter. 9 mos.. colored orphans home, broncho pneumonia. Russell Bailey. 1, 927 Edgemonth, lobar Pn ch?r°?s ia L. Van Eaton. 66. 1719 Hoyt, Ca joseph a Hiser. 64, 933 Locke, apoplexy. Marjorie Webster, 14, city hospital, apPC preston Hoggatt. 20, 632 Torbett, mitral * n Joseph n Davee, 57, Twenty-fifth and Colle^iann C ah and Stewart, 86, 1334 West Twentyseventh. mitral insufficiency. Alice Wilkinson, 78, 1131 North La Salle, dhronic myocarditis. . Nina McWhinney. 55, Methodist hospital. peritonitis. Martha Jennie Dowden, 70, 1867 New, acute myocarditis. Rollte R. Cook, 48. 18 East Washington. acute dilatation of heart. Frank Granjean. 55, 1233 East Raymond, acute dilatation of heart. Margaret Bryant, 68, 657 Eddy, mitral insufficiency. Margaret Keesse. 82. 156 North Blackford. acute cardiac dilatation. Arch Wise, 61, city hospital, hypostatic pneumonia. Aaelia Russell Tompkins, 59, Methodist hospital, labor pneumonia. Joanna Chamberlin, 56, Methodist hos--1 pital. peritonitis. Donald Mcßride. 11, city hospital, cerebro spinal meningitis;
.AUG. 5, 1930
INDIANA FIELDS HUNT BY LADGE OIL PRODUCTION Output for May, 1930, Above Preceding Year; New Holes Started. Though not affected as much as the western states, Indiana is beginning to feel the effects of overproduction in the oil industry. Pipe line runs are being curtailed, thus causing much of the normal development to be arrrested. In spite of this fact, another small increase in state production was noted in May as the following figures indicate: Total production for Mav. 1930. was 93.000 barrels: for April, 92,000 barrels. Production from January to May, 1930, was 427,000 barrels: for the same period in 1929 production was 420,000 barrels. News of interest throughout the state by counties follows: ADAMS COUNTY—Geome Lacknett re eently completed his second well on the Baker heirs farm in Jefferson township. The initial production was ten barrels. DAVIESS COUNTY—A well is reported being drilled one mile north of Sandy Hook in Veale township. Hensley and Ross are deepening their test on the Ross farm in Sandy Hook to the second sand. FLOYD COUNTY—The Wood Oil Company plugged their test on the bank of the Ohio river in Franklin township after having drilled through the Cornlferous limestone. They moved their rig from the Y. L. Farnsley farm to the W. H. Collev farm in the same township. Section 24. where they expect to test the Trenton. The W. E. Hines Company has moved a rig to the Nate Morton farm two miles northwest of New Albany. A third company is said to be starting a test in this county. GIBSON COUNTY—The Big Four Oil Company completed their fourth well on , the C. T. Sloan land In Section 18. Washington township. It produced fifty-five barrels natural from a sand at 1,257-1.262 feet. GREENE COUNTY—A. R. Morris and others have taken leases near Lyons, where a small production was reported many vears ago. HAMILTON COUNTY Holeman and others plugged their test on the Sturdevant farm In Section 20. Washington townshipAfter drilling eighty feet in the Trenton, only a showing of oil and gas were found. Another test may be drilled on their block of acreage. HUNTINGTON COUNTY The Two Rivers Oil Corporation Completed their first well on the Jacob Bussard lease south of Huntington, where 1.000.000 cubic feet of gas were found in the Trenton. Other tests are planned. JAY COUNTY—George F. Edgington has started a well on the Peter F. Edgington land three miles southwest of Bryant, In Section 14. Jackson Township. The Flemwell Oil Company has started a well on the C. C. Harris farm, two miles north of Pennville in Section 16, Penn Township. PIKE COUNTY—P. C. Andrews and others are drilling the eleventh well on the Atkinson lease in Section 23, Logan Township. In Section 22 in the same township E. C. Bolds completed the M. J. Atkinson No. 6 at 1.030-1.039 feet, where it produced an initial of twelve barrels. Numbers 1 and 3 on the same farm were abandoned. Thomas J. Randall Is drilling the F. Chandler No. 5. in Section 15. Logsn Township. Rlscher and others found a dry hole at 1,200 feet in the Charles B. Crowe No. 1, near the schoolhouse at Alford. The Bement Gas Company completed a 1.500.000 cubic feet gas well on the Aaron George farm in Washington Township, and is starting another well on the same farm. STEUBEN COUNTY—The Cousins Oil and Gas Company completed a well on the Hissong farm near Ashley at sixtyseven feet in the Trenton, a total depth of about 2,400 feet. It showed a email production after being shot. SULLIVAN COUNTY—G. G. Billman and others are spudding in on a shallow wildcat on the Sam Conner farm, southwest of the old Reliance mine. C. W. Scott completed the C. L. Davis No. 1. in Section 14. Turman Township and got an initial of ten barrels. The No. 2 on the same farm was dry at 352 feet. WARRICK COUNTY—The Indiana Southwestern Gas and Utilities Corporation has suspended drilling in the J. T. McWilliams test in Section 33. Hart Township. The same company has erected a rig on the Henry Shumaker farm in Section 21. VILLAGES HAVE ‘SNAP’ Small Towns Lead In Chic Attire for Women, Says Modiste. Bu United Press CHICAGO, Aug. s.—ln smartness of style and variety of chic attire, the girls of “Main Street” outclass those of Broadway and Michigan avenue, believes Miss S. Marie Percival, Redfield, (S. D.) modiste. Miss Percival at the fashion show of the Chicago women’s apparel manufacturers said there is more time for living and enjoying life in small communities, this being reflected in clothes.
JX WILD IN'® STM ENT CO | ! North American Trust Shares LA Fixed Trust 139 E. Meraet Lincoln SSS 4 FARM WAGON TIRES RESET SI.OO EACH John Guedelhoefer Wagon Company 263 Kentucky Avenue OIL IS KING I Oklahoma City Gushar Field—home of the wild Mary Sudik—is one of the world’s greatest Write me for the facts about this tremendous pool—perhaps your ooportunity. C. C. JULIAN Oil Operator Cotton Exchange Building Oklahoma City, Okie.
