Indianapolis Times, Volume 42, Number 81, Indianapolis, Marion County, 13 August 1930 — Page 10

PAGE 10

UNITED STATES STEEL CARRIES STOCKS HIGHER New Lows Are Made in Early Morning Dip; Prices Up at Noon.

Average Stock Prices

Aterac? of thirty industrials for Tues- I day vaa 217.34. off 689 Aver*e of twenty rails was 116.74 off 1.52. Averaae of twenty utilities was <9.36. off 1.47. Average of forty bonds was 96 38 up .02. Bu United Press NEW YORK, Aug 13.—The stock market, after a series of advances and declines, waa higher at noon under leadership of United States Steel at 157, up from a previous close of 156 H. After an irregularly lower opening the list dipped with dozens of issues making new lows for the year or longer. Steel touched 155‘4, where it was off l's from previous close. Then it started up and continued until It reached 157'i. The whole list followed. Warner Brother* Up Then prices moved down again, but around noon were again headed upward. Efforts to bring a genuine rally, however, met strong resistance. Meanwhile cotton futures dipped to new lows since 1926 and grains moved back and forth. Wheat sold off more than a cent a bushel and then rallied. Warner Brothers Pictures rose to around 29, against a previous close of 25', and was turning over in long strings, buying inspired by activity toward change in banking sponsorship and adjustment of the company's financial structure. Market Steady The market as a whole was about steady in the early afternoon. Many of the industrials had made up early losses and were making small gains in quieter trading. American Can rose 2 points from its low, Westmgi. *use Electric. 3; General Electric, about a point; Gimbel Brother*. 2 points; Vanadium. 3, and Consolidated GaS more than a point. Call money renewed at 24 per cent, but the tone was easier and this figure was shaded in the outside market where some lending was reported at 2 per cent.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clrarinss Wednesday Aug. 13, *4.323 000: balances. *7.077,000. CHICAGO STATEMENT Bu United Press CHICAGO. Aug. 13—Bank clearings. *93,800 000: balances. *7.400.000. TORK STATEMENT Bu United tress NEW YORK. Ar.ug. 13.—Bank clearings, *945.000,000; clearing house balance. *145 000 000 Federal reserve bank credit balance *129.009.000. TREASURY STATEMENT Rv United Press WASHINGTON. Aug. 13.—The treasury net balance on Aug 11. was $124,106.A19.17. Government expenditures for the same dav were $15,500 097.05. Customs receipt* for the month to that date were *12.0(9.875.37.

New York Bank Stocks

—Aug. 12— America .... 90 9t% Bank of United States 38 38% Bankers 132 133% Central Hanover 325 328 Chase National 135 138 Chatham Phoenix Natl ... 10.1 107 Chemical 62% 63% City National 122 123% Corn Exchange 154 155% Commercial 370 385 Continental 26% 27% Empire 79 81 First National 4.800 4.850 Guaranty 598 602 Irving 48% 48 s * Manhattan Ac Company .. 102 103 Manufacturers . . 81 82%

Retail Coal Prices

Coke, nut sue t 8 75 Coke eg* size 9.25 Indiana forked lump 4.75ft5 75 Indiana ezr 4.75ft5.75 Indiana mine run 4.75@5 00 We*t Virginia lump 6.75ft7 75 West Virginia eg* 6.5007.50 Kentucky lump 7.003'8.25 Pocahontas shoveled lump 8.50 Pocahontas forked lumo 9.50 Pocahontas mine run 7.50 New River Smokeless shveld. Ip. 8.50 New River Smokeless fkd. 1p... 9.50 New River Smokeless mine run ’.50 ‘nthraelte 16.75 25c per ton discount for cssh.

Indianapolis Stocks

—Aue. is— Bid. Ask. Amer C#Btrl Ltle Ins So. 1,000 Belt RR A Yds Cos c0m..... 53V* S3 Belt R R A S Yds Cos pfd.... 55 61 Bobbs-Merrlll Cos 30 33'.i Central Ind Power C o pfd... 90 94 Circle Theater Cos com 105 Citizens Gas 27 Ciflrens Gas nfd 97 1 00' * Commonwealth ICo pfd 7 r * ... 98 103 Commonwealth LCo pf 8%.. 99 Hook Drug Cos com news 23 25'i Ind Hotel Cos Clarpool com.. 125 Indt .na Hotel Cos pref 100 104 Indiana Service Corp pref.... 85 Indianapolis Gas Cos com ... 57 60'; Icdpls North Western Indpls Power A Lt pfd 10* 105 tndpls Pub Wer Loan As com 52 Indpls St Ry Cos pfd 10 11 Indpls Water Cos pfd 101 103 Northern Ind Pub S’* co pfd.. 99 101 Northern Ind Pub 7<Veo pfd...lo7'i 110 Interstate Pub Serv 7*7. .101'; 104 interstate Pub Serv 6c-* 86’* 91 Vfr Metro Loan Cos 100 Northern Ind P St*”* co- ptd.. 93 97 Progress I aundry Cos com 44 47 R. Ranh & Sons Ter Cos pfd.. 47 Real SUlt Hoaterv M Inc ptd.. 90 ... Shareholders Investors Cos 23 Standard Oil of Ind 49* ... T H I & E pfd 9 11 Terre Haute Trac L Cos pfd.... 80 Unton Title Cos common 40 *6 Van Camp Prod Cos Ist pfd 97 Van Camp Prod Cos 2nd pfd.. .. 98 BONDS Belt R R * Stock Cos Si 91 Broad Ripple 41 Central Indiana Gas Cos 55... 99’* ... Central Ind Power Cos 6a 98i Citizen* Gas Cos 5s 101 102’i Citizens Street Railroad 56.... 42 43 Home Ia T of Ft. Wayne 6s. 102 Ind Ry A Light Cos 5s 95 Indiana Service Corpn 5s .... 86 Indpls Power & Light Oo 5s . 99’* 103 Indpl* Col A Trac Cos 6s 90 Indianapolis Gas Cos 5s 99’* 102 Indrls A Mart Rapid TCo 5a . 9 tndpls North Western Cos 9 Indpls Street Ry 4s 29 30 Indpls Trac Ter Cos 5s 82 86 indpls Union .Ry 6s lfo’i ... Indpls Water Cos st s s 103’* 104 H Tndpls Water Cos 5s ...■ 90 tndpls Water Cos lie A ref. ... *9 Indpls Water 4**a 94 96 tndpls Water W Sec Cos ss it Interstate Pab Serv Cos 4’*s ..911* ... Interstate Pub Ser Cos 8s 98 Interstate Pub Serv 6’is 103 No Ind Pub Serv Cos 5a Il>i . No Ind Telephone Cos 6s 98'* 100 T H Ind A East Trac Cos 5s . 70 T H Trac Light Cos 55_... 85 Belt 88 A Yds. Cos. com. 20 shares at 51'; Dire Causes Death Bv Time Sorriat LEWISVILLE. Ind.. Aug. 13.—Goley Wasson, 48, Lewisville, is dead, following a dive Into Flat Rock creek. Ha struck his head on a stone in the bottom to the creek. Whan ha was rescued by his companions ha was unconscious, due to a fractured skull. He leaves his widow, his parents. Mr. and Mrs. # James Wasson. Newcastle, and a brother, William Wasson, Lewisville.

T New York i Stocks ■ ’B Thomeoo A McKinnon i —AUf- 13— mt. I R.lr..<lv High Low. 11.30. close I Atchison m.. r 27, a Balt A Ohio ...1014 101% 1014 10U l Chez* 4: Ohio 44% IChwa Corn *2% > Cfcl Ort weet 94 94 CRItP #O4 Dei L* W 1124 113 Del A Hud50n...156% 158 156 ... I Erie 37 16 4 36 4 . 374 Illinois Central 115 1154 I scan City So ..r .. ... ... .624 , Lou A. Naah Ug MK & T 37 364 364 374 Mo Pacific pfd..129 119 119 120 N Y Central 1574 1574 1574 156 Nickel Plate 1...1034 161 103 NY NH A H 1004 1004 OAW 9 Pere Marq 1314 . 'Pennsylvania ... 714 714 714 <l4 [Seaboard Air L 54 ... |So Pacific 115% ... 1154 ... I Southern Rv .... 774 774 774 774 :St Paul 134 t3 134 134 St Paul pfd 194 19 • St LAc S F 904 89 Union Pacific 2104 Wabash I? W Maryland 204 204 204 21 West Pacific 194 ••• Ettriinesli— Am Car 6c Pdv . • 67 Am Locomotive 3g *0 Am Steel Pd .. ... *7 J<4 Am Air Brake B 624 424 Oen Am Tank.. *1 794 804 814 timers! Flee ... 664 654 *B4 ... Oen Rv Signal 74 74 Lima Loco 38 Press 8U Car ... ] -.i Pullman 684 68 We st in eh Ar B . . ... ... Westlneh Elec .1334 1314 133 j 134 • Rubbers— Firestone ‘O4 SSSKV 'lk Sk ik m** 1 ..’.’. •>'. •> & Motors— Auburn 1054 1024 1044 1034 Chrysler 37 26 4 26 4 27 Gardner •■ , -.c, • General Motors 43 424 42' 424 Hudson 294 28 284 294 Hupp 13 124 124 134 Msck 544 534 534 54- s Nash 32 314 31% 32 Packard 14 134 134 134 Pierce-Arrow *34 Reo 9 Studebaker 274 26 4 27 27 4 Yellow Truck. 204 20.4 204 204 Motor Access— Am Bosch 35 Bendlx Aviation 284 284 28 * 284 Borg Warner 28 284 Briggs 194 184 194 ... Elton 224 214 214 224 Hnuda 10 94 10 104 Motor Wheel 224 Sparks W 194 194 194 204 Stewart Warner 234 224 224 24 Ttmktn Roll ... 62*f 614 614 624 Minina— Am Metals 31 Am Smelt 134 134 134 ... Anaconda Cop .. 474 464 464 474 Cal A Hecla 134 134 Cerro de Pasco 664 Dome Mines 74 ... Freeport Texas.. 394 334 394 394 Great Nor Ore 194 194 Int Nickel 214 204 214 214 Inspiration ... . 14 134 134 16 Kennecoit Cop.. 364 364 364 364 Magma Cop 314 314 Miami Copper ..... . .. }* Nev Cons 144 144 144 144 T.’xas Gul Sul.. 56 4 56 4 26 4 554 Cila— Am.'rada ... 234 244 Am Republic .•• 174 Atl Refining ..... ... 34 4 3o Barnsdall 22 4 224 Houston 714 70 4 71 704 Ind Oil 204 204 204 21 Indian Refining 114 104 104 104 Lago Oil 284 284 Mex Sbd 204 194 194 194 Mid Conti 234 Pan-Amer (Bi 574 584 Phillips 304 304 304 304 Pr Oil A Gas 35 4 354 Pure OH 204 204 Richfield 154 154 154 154 Roval Dutch 514 514 Shell Un .. 184 184 184 184 Simms Pt 20 Sinclair 224 20 4 204 224 Skellv 384 284 284 284 Standard of Cal 614 61 Standard of N J 674 674 674 674 Stand of N Y 314 314 Texas Cos 514 51 51 514 Unton Oil 4040 Steels— Am Roll Mills... 52 514 514 514 Bethlehem ... 754 754 754 764 B.vers A M 604 604 604 604 Colo Fuel 45 4 45 45 464 Our SLeel 74 734 734 744 -dlum 224 224 224 224 Rfldland SO Repub IA S ... 384 374 374 39 U S Stiel 157 1554 1554 1564 Vanadium 804 774 804 794 Youngst S & W 35 35 Youngst S A T 113 ... Am Tob 1A) 233 Am Tob tß> 234 4 235 Con Cigars ... 364 General Cigar 44 44 Lig A Myers 8.. 914 914 91V* 914 Lorillard 214 204 20 s , 304 Reynolds Tob .. 43 48 s * 484 494 Tob Pr A 11 104 Tob Pr B 34 34 34 34 United Cig 54 54 Utilities— Abitibi 24 Adams Exp 244 234 24-4 23 s * Am For Pwr .... 61.4 604 614 61% Am Pwr A Li.. 73 4 72 4 73 s * 74 A T A T 203*. 204 4 203 203% Coi Gas A E 1... 554 554 554 56 Com A Sou 134 12 12 13 El Pwr A Li.... 60 s , 604 60 s , 60 Gen Gas A 84 Bs,8 s , 84 84 Inti T <fc T 414 41 s , 41 s , 414 Natl Pwr A Li.. 42 41 4 42 414 No Amer Ca. ... 914 904 914 91 s , Pac Gas A E 1... 534 524 524 534 Pub Ser N J 864 964 96 s * 864 So Cal Edison 534 St GA El 90 4 90 904 ... United Corp 284 284 284 284 Ut Pwr 4: L A 31 30 s , 304 31 West Union ....1674 1654 1654 170 Shipping— Am Inti Copr 31V* 304 31 314 Inti Mer M pfd 2114 United Fruit 874 864 864 87'Foods— Am Sug ■> 52'Arroeur A 5 14 "44 44 Cal Pkg . . sii“ 614 Childs Cos 484 484 484 Cora Cola 1594 1684 1894 1684 Cont Bak A 22'- 224 Corn Prod. st 83% gt * rsii Cudahv Pkg . . 39 -• gen Foods 51', ... 514 514 Grand Union 4*l* Hefsey 92 92% Kroger . 224 22'- 224 224 Nat Biscuit 764 764 764 77 Pillsburv 32 314 32 32 Safeway St 58 4 57 4 57 4 58 4 Std Brands 184 184 184 184 Ward Beg 7 ... Drugs— Cotv Inc 19 184 19 194 Lambert Cos.. 854 86 86% 87 Lehn A Fink 2711 Industrials— Am Radiator... 244 244 244 25 Certamteed 64 Gen Asphalt 39 38% 39 Lehigh Port 314 CRis Elev 614 61 61 62 Indus Cbems— Allied Chem 243 4 240 243 4 244 Com Solv 324 22 4 22 4 224 Union Carb 67'? 664 67 4 674 U S Ind Alco ... 604 594 604 604 Miscellaneous— Airway App 164 17 City Ice AFu 414 424 Congoleum 114 11 11 114 Amer Can 114 112 113 1134 Cont Can 51 s , 50 51 514 Curtiss Wr 6 s , 64 64 64 Gillette S R .... 78 s , 774 784 774 Real Silk 39 4 39 39 394 Retail Stores— Assoc Dry Gds.. .. 32 Gimbel Bros tO4 104 Kresge S S 284 82 28 28 MaV D Store 42 Mont Ward .30 29 4 30 30 Pennv J C ... 50 50 Schulte Ret St 5% 54 Sears Roe 58 56 4 57 4 56% Wool worth 56 4 58 564 .56 Amusements— Bruns Balke 16 16 Cor Graph I*4 15 s * 154 154 Croslev Radio 114 Eastman Kod ...196 1944 196 1964 POX Film A 42 404 41 4 41 Grigsbv Grunow 13 s , 134 134 134 Loews Inc 634 614 634 62 s , Param Pam .... 56 s * 53 53 4 53 4 Radio Corp 37'; 36 s * 37 4 374 R-K-O 284 274 27 s , 274 Schubert 154 Warner Bros ... 284 274 274 264

In the Stock Market

■Bv Thomson A McKinnon’ NEW YORK, Aug. 13.— Judging farm the continued downward trend of the major trade indices, such as steel operations and car load in 7s. we can not avoid the conclusion that the attempt through the stock market to discount a revival in business in the early fall was ill advised. Fortunately the buli efforts in this insance did not assume the proportions of the ill-fated campaign we had in the spring. The brokers loan account, it will be recalled, increased $1,000,000,000 earlier in the year. The summer campaign entailed practically no expansion in the loans, suggesting that public participation had been negligible and extra speculative purchasing the dominant factor. The accepted average shows that we are approaching the low point of mid June, where outright buying was liberally attracted. We are probably at another critical point. If as now seems possible, the damage to the com crop has been exaggerated, insofar as it affects business, the whole complexion of the stock market can very quickly changk with any encouraging news. *,* i.

SHARP UPTURN A FEATURE UF PORKER TRADE Cattle Prices Hold Steady to Strong; Veals Sell Off 50 Cents. Aug Bulk Top. Receipts. 5 $9 50® 10.00 SIO.OO 7.000 a! *9.50® 9.85 83 85 5.500 7 9.50 ft 9.75 9.75 5,000 8 9.75 ft 10.00 10.00 3.500 * 9 85n10.10 10.10 2.000 11. 9 906 10.10 10.10 4.500 12 9 80ft 10.00 10.10 5.500 13! 10.00610.15 10.25 3.500 A sharp upturn featured trade in porkers at the city yards today, prices being mostly 15 to 20 cents over Tuesday's average. The bulk, 160 to 300 pounds, sold for $lO to $10.15. Top price paid this morning was $10.25. Receipts were estimated at 3,500, holdovers were 243. Cattle were steady with receipts of 1,000. She stock held strong. Vealers were 50 cents lower, selling at sll down. Calf receipts were 700. Sheep were 50 cents higher, selling around $9.75 down. Receipts were 1,400. Chicago hog receipts were 13,000, including 1,500 direct. Holdover* were 5,000. The market was slow with a few sales strong to higher; bidding $9.90 to $9.95 on 170 to 220pound weights, some held higher. Cattle receipts were 10,000; sheep, 15,000. HOGS Receipts. 3,500; market, lower. -fLight Lights—-(l4o-160) Good and choice....* 9.50® 9.75 —Light Weights—-(l6o-1801 Good and choice.... [email protected]? ‘(180-200) Good and choice.... 10.15610.20 —Medium Weights—-(2oo-220) Good and choice 10.15® 10.25 1220-500) Good and choice 10.10®10.20 —Heavy Weights—-(2so-350) Good and choice... 10.00010.10 (290-3501 Good and choice 9,50610.00 —Packing Sows — (275-500) Medium and g00d... 7.250 8.25 —Slaughter Pigs— „ „ (100-130) Good and choice 9.00® 9.20 CATTLE (Slaughter Classes) Receipts, 1,000; market, steady. —Steers—-(6oo-1.100) Good and choice $ 8.25 0 10.50 Common ana medium 5.50® 8.25 (1,100-1.500) Good and choice B.oo® 10.25 Medium b.2a® 8.00 —Heifers—-(sso-850) Good and choice 8.50®10.25 Common ana medium 5.50® 8.5 U —Cows— Good and choice 5.500 7.00 common ana medium 4.00® 5.50 Low cutter ana cutters '2.50® 4.00 —Bulls (Yearlings excluded'— Good ana choice beet 5.50® 7.00 cutter, common aua medium.. 3.50® 5.50 CACHES AND VEALERS Receipts. <00: market, steady. —Vealers (Milk Fed) Good and choice $10.50011.00 Meaiun B.ou®io.oo cull ard common 5.00® 8.00 —Calves—-(2so-500) Good i.nd choice 7.00® 9.50 common ana medium 5.00® 7.00 jIOCKCR ANU FEEDER sTEi.ES (50-600) Good and choice 5.50® 7 25 common anu medium a.oo® b.ou 1800-1.050) Good and choice 5.50® 7.25 common ana medium l.oO® 5.50 SHEEP AND LAMBS Receipts, i.iOo; mantel, higher. —Lamps— Good and choice * 8.50® 9.75 common ana meaiuui *.oo® 8.50 —Ewes— Medium and choice 2.506 4.00 cull and common i.ou® 2.00 Other Livestock Bu L nit cl Press CHICAGO. Aug. 13.—Hogs—Receipts, 13.ooo; including 2,u00 aiiect; active, mostly 10®tac limner; top siu.iO; le.v loaus, 10.oo; oulk i<o-230-io. weignis, s9.ou©lU; light lights. ltO-lbO Ids., gooa ana choice. 59.254.9.95, light weights, 160-200 ibs., good ana cuoice. *5.80® 10. lo; medium weights, 200-.00 lbs., gooa and cnoice, 69.<u®t0.10; heavy weights. 200-350 ids.. gooa ana cnoice. S9.2otsu.Ba; packing sows, .no-500 ids., meuium and gooa. si.<s®B.oO: slaughter pigs. 100-i3U ms., gooa ana choice. sßiS9.su. catttc—Receipts, 10. duo; caitcs, 2,0u0; gcneiai market more actwe, buyers, alter light veariaigs. supply scarce; strictly choice heavies active dul general run SB®9; weighty steers and even cleaner kinds down to $7 and below attracting more attention; early top light yearlings, $10.50. Slaughter cattle and Vealers— Steers, 60-900 Ids., good and choice. *9.50® 11; 900-1100 lbs,, good and choice. *8.50® 11; 1100-1300 los.. good and choice. *B.2u a 10.25: 1300-1500 lbs., good and choice. sß® 10; 600-1300 Ids., common and medium. $5. <SO 8.50; heifers, 530-850 lbs., good and choice. *8.75® 10.75; common and medium. *5®0.50; cows, good and choice. *5.50® i 50; common and medium. *4®5.50: low cutter and cutters, *3®4.26; bulls, yearlings excluded, good and choice beef. s6.*s a’r. cutter to meaium. *s®i: vealers, milk ted. gooa and cnoice. *il®l3: medium. *9.ao®ll: cull and common. si®lo.do; stocKer and icedpr catue, steers, ouo-10d0 lbs. good and cnoice. 66.50®7.50; common and medium. *4.7540.15. Sheep—Receipts 15.000; steady to strong; strictly choice lambs and feeders. 10® 15c higner; bulk natives to packers. *8.76®9.00; lop to city butchers. *9.75; lewr rangers. $9; best held higehr: fat ewes. *3ft 4; leeders. So-50f 6.75. Slaughter Sheep and Lambs—Lambs, 90 lbs. down, god an dchoice. *8.50®9.75; medium, $7(<i8.50; all weights common, $4.75®7,ewes. 90-150 lbs., medium to choice, *2.*5 ®4: ail weights, cull and common. sl® 2.75; feeding lambs. 50-75 lbs., good and choice. *6.25® 6.85. Bu Coiled Press EAST ST. LOUIS, 111.. Aug. 13.—Hogs— Receipts. 10.000; fairly- active. 10®15c higher than Tuesday; 170-225 lbs.. *lo® 10.05; top.. *10.10; IbOJIO, lbs.. *9.8d®9.90. packing sows strong; bulk *7.<54i8. cattle —Receipts were 3.500; calves. 1.800; 6low'. indications about steady on fed steers and natne cows; Western cows steady; a lew low priced western steers steady to strong; prospects steady to lower on mixed yearlings and heifers; low' cutters, strong at *2.50(3 3: medium bull*. jWady; top. *B-j. Sheep—Receipts were 2,000: fat lambs to citv butchers. *8.753 9: about steady: nothing done to packers; sheep, unchancca. lat ewes. $7.50 down. Bu United Press CLEVELAND, Aug. 13.— Hogs—Receipts, 800; holdovers. 30. except pigs which are steady; market 15®2ac higher, some weighty butchers, 35c or more up; 160-210 lbs? *10.50; 220-250 lbs.. *10.25; 250-300 lbs.. *lO downward; bulk pigs, *9.50; rough sows, *7.75; stags. *5.i5. cattie—Receipts, 100; unchanged to 2ac lower; common. s6® *1.25; steers predominating, scattering. *5.40®7.50; common to good cows *4®s; low cutter downward to *2-5 S? under; calves, receipts, 600; 50c spots *1 higher, upward to *13.50®14, odd closelv sorted kinds, higher; common to medium. *9®11.50 or above. Bheep—Receipts. 1,500; steady; good to choice limbs. *9®9.50; best fed around *9.i5; full to good kinds. *s® 8; choice 90 lbs. dry fed yearlings. *7; bulk ewes. *4 downward. Bu-United Press TOLEDO. Aug. 13 —Hogs—Receipts, 200, Market. 10®25c higher; most advance on weighty hogs; heavies. *6-2®®?xs> diums, $9.50®9.80: workers, $93 9.25. pigs, Mid 9 25. Cattle—Receipts, light; market, sttadv; calves, receipts, light; market, strong. Sheep—Receipts, light; market, slow. Bu United Press CINCINNATI. A tg. 13.— Hogs—Receipts. 3.297. including 1,695 direct; holdover*. 235; outchers scaling up*ard from 160 lbs. and packing sows generally 35 cents higher, late trade slow; pigs and ught lights averaging 120-150 lb*~ "hyrgely steadj at *9.50: duality not very desirable, bulk better grade. 170-260 lbs.. *10.35®10.a0. largely *10.50 on 330 lbs. down: two double mixed butchers averaging 266-26* ;ttE. *lO 25: 300-lb. butchers auotable around *9.75: packing largely *7.50® 7. <5. Cattle Receipts 200. Calves —Receipts. .50, market, fairlv active, steady to strong on all classes with lower grade cows and cutters strong to 25c ' higher; bulls. 25c higher; vealers. 50c higher, good choice, largely *lo® 11: lower Frade steers and heifers mostly of ® IF}.’® 1 *5.5036 50: beef cows, mostlj *sj7 5 75 buht low cutter and cutters. *3® 4.25 bulls. *5.50® 6.75: top. *7. Sheep—Receipts. 900. generally, steady; good and choice mbs. *B3 9.50. mostly *9: nudu m buck lambs. 66*7 6.50: common throwouts. *5 g 5.50. lat ewes. *2.SOfN; culls downward to *l. Bji Times Special LOUISVILLE. Aug. 13.— Hogs—Receipts. W - market steadv to 25c higher: .25 lbs. up. *.s<i: 165-225 lbs.. *10.15: 130-I*s lbs. : 130 lbs. down. *7.20; roughs. *6.70; stags $6.10. Cattle—Receipts. 200: .market steadv: prime heavy steers. *7.50® 9: heavy shipping steers. *6® 7.50: medium and plain steers. *4.75® 6 50: fat heifers. *4-i 8.50: good to choice cows. *4*7 5.50; medium to good cows. *3.50*i4: cutters. *3.25® 3.50; canners. *2® 3: bulls. *3.50® 5 75; feeders. *5.50®7; stockers. *3.50 ft 5.50. Calves—Receipts. *00; market 50c higher: choice SS'-i 9: medium to good. *6*77: common to medium. *3*75.50. Sheep—Receipts. 1.000: market steady: ew and wether lambs. *8: buck lambs. *7; seconds. *3.50® 4; clipped lambs^'33.soS 3.50. Tuesday's shipments; CaMlaJfeone: calves. 100; bogs.

THE INDIANAPOLIS TIMES

Dow-Jams Summary

LONDON—New York cables opened at 4 *7l-32 against 4.87 3-32. Paris checks 123.80. Amsterdam 12.085. Italy 92.965. Berlin 20.39. Spec al meeting stockholders SparksWithiorton Compaoy called for Sept. 13 to set op proposal to teouire assets aod business of Cordon Phonocraft Corporation. manufacturers of radio tube*. Cardon stockholders to vote on proposal Sept. 15. Engineers, Public Service Compity declared regular Quarterly dlv7dendsof6o cents on common. $1.37 2 on $5.50 pre fen-ed. *1.26 on *5 preferred, payable Oct. 1. record Sept. I*. Ford Motor Company to build new branch assembly plant at Buffalo, N. Y. Piant will have capacity of 400 cars and trucks a daj' against 226 a day in present Buffalo plant. Twenty-five hundred men will be employed and plant will be ready lor operation within a year. Bethlehem Steel- Youngstown Sheet merger suit adjourned until Aur. 18. because of difficulties arising from death of Myron C. W. Wick Jr., one of plaintiffs. Sinclair Consolidated Oil Corporation stockholders to vote Sept. 17, on sale of company's half interest h’ Blnclatr Cnide Oil Purchasing Company and Sinclair Pipe Line Company for *72.600,000 to Siandaid Oil of Indiana. First National stores in June quarter earned 5t.33 a share on 820,700 common shares against M. 42 a share on 774,898 shares in June quarter. 1929. National Steel Car Corporation declared regular quarterly dividend o;t 50 cents payable Oct. 1. record Sept. 17. Missouri Pacific Railroad declared regular quarterly dividend of *l-25 on preferred payable Oct. I. record Sept. 15. Ro*sai - International Corporation affiliated with Rossia Insura.ice Company acquires substantial in metropolitan Fire Insurance Com oanv of New \ ork representing stock ir.ere st owned by Corron and Reynolds. Metropolitan now wholly owned by Rossia and its affiliates. Special meeting Indian Motorcycle Company stockholders called to authorize *BOO.000 of 7 per cent debentures and issuance of $40.00(5 additional shares of .capital stock convened and immediately adjourned until Aug. 19. Chevrolet Motor Company reduced prices of sport models S4O. Car loadings in United States in week ended Aug. 2 totaled 918,335 cars, a decrease of 1.014 cars below preceding week, 187.585 cars below like 1929 week and 130,486 cars below like 1928 week. Texas & Pacific declared regular quarterly dividends of *1.25 each on common and preferred, both payable Sept. 30, record Sept. 15. Domestic Crude Oil Rroducti on in™* ended Aug. 9 averaged 2,480,350 barrels daily, a decrease of 34.950 barrels from preceding week s daily average and 415 650 barrels below average of like 19-9 week, according to American Petroleum Institute Gasoline stocks decline 1,371,000 barrels to 42,729,000 barrels. Federal Water Service Corporation An '•ear ended June 30, 1930. earned $3,163,651. after interest, depreciation, taxes, preferred dividends of subsidiaries, etc.. against *2,899,651 in preceding .twelve months. Creamery butter in cold storage Aug. 1 amounted to 145,297,000 pounds against 106,727.000 pounds on July 1. department of agriculture reports. However, compared with Aug. 1. 1929. when storage supplies were 151.621.000 pounds, there was a decrease in supply. Shell Union Oil .Corporation and subsidiaries June quarter profit. $2,874,031, after interest, depreciation, depletion, etc., but before federal taxes, against net loss *3,155,008 In preceding quarter and profit, before federal taxes of *8.051,082 in second quarter, 1929. Six months net loss *280.977 against profit of *9,509,659 before federal taxes in first half of 1929. Booth Fisheries Company in year ended May 3. 1930, earned $225,925 after interest, depreciation and taxes, against $324,70j in year ended April 27. 1929. Electric output of Associated Gas and Electric system week ended Aug. 2 was 56.638.755 ' k.w.h.. a decrease of 2.5 per cent from same 1929 period. Pennsylvania Central Light and Power Company and subsidiaries June net profit was *512.108 after taxes and charges, but before deprecation, against *473.903 in June; 1929. Twelve months $2,105,895 against *1,974,942.

On Commission Row

FRUITS Apples—Yellow Transparent. $2®2.50 a bushel; Duchess. *[email protected]; Carson. 83. Apricots—California. Roval. $2.50®2.7a a 20-lb. crate. Blackberies— Michigan. *5.50 a 24-auart Cr c&rries—California. 8-lb. box. $3: Michigan. 24-quart crate. *3.2503.50. Currants—Michigan. $3®3.25 a 16-quart crat e. Dewberries—l6-quart crate. $3.25®3.80. Eggplant—Southern. $1.50 a dozen. Gooseberries—Michigan. *3.75 a 16-auart —lmperial Valley. *6.5008.50 Grapes—California, seedless. *4 • crate: Malaga, lug. $2.7503. Huckleberries—ss a 16 at. crate. Lemons— Fancy California. *<.so 3 8 a crate. Limes—Dominican. $2.50 a 100. Melons— Cantaloupes. Arkansas standards *3.50 a crate: Jumbo. s3.soft 3.7n: Indiana, flats. $1.25: Jumbo. $1.50: Honey Ball. 360455. $404.50; Honey Dew. *3 a crate. Watermelons—34-lb. average. 60® 65 Oranges—California Valencia. *5.7509 Cr Peaches—Georgia. Hiley Bell. $2.25 a one-half bushel basket: Alberta. *4 a Pears—California Bartlett. *4.25 a box. Plums—California, blue. red. vellow. $1.76 ®2.25 a basket crate. Raspberries—Red Michigan. *3.5034 a 24-pint crate: black. *303.25 VEGETABLES Beans—Marion county, ttringless, *2 25 a bushel: wax, *1.25 a Climax basket: Kentucky Wonders. *2.2502.50. Beets—Home-grown. 25c a dozen bunches. Cabbage—Home-grown. ' new. *1.2531.75 a barrel: 2%c a lb. Carrots—Marlon county. *1.25 a bushel. 35c a dozen bunches. ~ .... Cauliflower—Home-erown. *1.50 0 2 a t ” J Cefe l fy—California: *6 crate of 4s: Michigan. *1: Florida, washed. 50c a dozen bunches. „ Corn—Roastlne ears. Marton county. 35 (ff4oc a dozen. . .. _ Cucumbers— nothouse. o*l a dozen.. ■ , . Eggplant—Marion county. $2 a dozen. Kale—Home-grown. 75c a bushel. Lettuce— Washington Iceberg. *5 a crate of 4s ss: extra fancy Maricn county leaf "5c a 15-lb basket. , , Mushrooms —3-lb. basket. S3. . Onions—Green, home-grown,, 30c a dozen bunches* new Texas vellow Bermuda, a crate: Marion countv Yellow Globe. $1 50 a bushel: white. $2. __ Parslev—Marion county. 50c a dozen bunches „ ___ Peas—TeleDhone. home-arown. $2.75 * Peppers—Southern. *1.5002 a hamper. Radishes—Hothouse, button. 40c a dozen bunches- long red or white. 30c. Rhubarb—Home-erown 35c a dozen. Spinach -Home-erown 75c * bushel Sauash—Marion county. $1 50 a bushel. Tomatoes—Marlon county. 90c a 10-lb basket Turnips—New. *1.50 a bushel: Merlon enuntv. 45c a dozen bunches.

Local Wagon Wheat

City grain elevators are paying 79c for No. 1 red wheat and 77c for No. 1 hard wheat. Marriage Licenses Svlvesber B. Thompson. *.!4. of 1999 North New Jersey, clerk, and Mtbel M. Gibbons, 19. of 4178 East Twelfth, clerk. Joseph E. Behringer. 3f. of 2248 North Pennsvivania. salesman, and Gertrude L. Gue. 26. of 423 North Bancroft. _ Homer V. Danford. 22. of 942 South Wes*, clerk, and Effie M Goble I<. of 942 South West. _ „ Paul W. Brown. 25. of 1326 North Bancroft. chauffeur, and Bernice H. Trenary. 28. of 1326 North Bancroft. John H. Kirtlev. 21. of Shelbvvllle. chauffeur. and Phyllis Mills. 21. of 237 Cornwell. James Branham. 22. of 1121 Bell'fontaine. laborer, and Elmira Patton. 20. of 514 Sanders, clerk. „ _ . Franklin W. Prinz. 2L of River Forest (Ills.), salesman, and Eleanor Raub. 23. of 60 West Forty-third. , Jesse J. Garrison. 20. of Madison. Wls.. instructor. ?nd Anne C. Hodges, 19, of 3160 North Pennsylvania, student. Teachers 4 o Hear Oxoam Bu Times Snreial GREENCASTLE. Ind.. Aug. 13. Dr. G. Bromley Oxnam. president of De Pauw university, will be one of the speakers for three teachers’ institutes during August. He will be at Olney, 111.. Aug. 20: Rushville, Aug. 26. and Indianapolis, Aug. £B. He is also scheduled for the summer commencement address at the University of Kentucky, Aug 22.

BEARISH NEWS CAUSES DIP IN GRAINMARKEI Heavy Pressure Forces Corn and Wheat Down at the Close. Bu United Press CHICAGO, Aug. 13— Wheat and corn were under persistent and heavy pressure on the Board of Trade today and while they fluctuated widely, were mostly lower, closing with sharp lossesWheat had a rally early on eastern buying, but hedging pressure, commission house selling and a weak Winnipeg market sent prices tumbling again. Corn suffered more than wheat, though the market staged one rally with wheat. The undertone was rather firm on the declines, however, but there was no aggressive buying. Oats traveled in a parallel plane with the other grains. Liverpool Weak At the close wheat was 2 3 g cents to 2?4 cents lower, corn was 2*4 cents to 2% cents lower and oats were 1% cents to 2 , i cents lower. Provisions were steady on meats and 15 to 27 points lower on lards. Liverpool continued weak and closed 7s cent lower. An accumulation of overnight selling orders caused the opening break, with the weakness at Liverpool a factor. Foreign news and weather in the Panadian northwest showed little change. Cash prices were unchanged to 1 cent lower. Receipts were estimated at 155 cars/'early. The rally brought corn prices back to around the previous close at midmorning, with the market showing less independence of its own and the firmness in wheat having a bracing effect. Shorts Cover Sortie commission house buying and short covering helped the early recovery. Rains were not heavy and the forecast was for fair and moderately warmer weather. Cash prices were unchanged to V 2 cent higher. Receipts were estimated early at 131 cars. Oats were practically unchanged at the start and while selling off later, were rather strong at midsession. There was little news and a light trade< Cash prices were unchanged to V 2 cent lower. Receipts were estimated at 117 cars. Chicago Grain Table —Aug. 13— WHEAT— Prev. Open. High. Low. Close, close. SaDt. .907(i .92 "i .88% ,88% .91% Dc.. .96 A .97 s 4 93% .94% .96% Mar.. 1.00 l 1.02% .98% 98% 1.01% May.. 1.08% 1.05% 1.01% 1..01% 1.04% CORN— Sept. .97% .99% .95% MV* .08% Dec.. .93% .95% .91% .91% 94% Mar.. .95% .97% .93% .94 .98% May.. .9.99 .95% .96 .98% Oats— Sept.. .40% .40% .38% .38% .40% Dec.. .41% .42% .42 .44% Mar.. .*B% .46% .44% .44% .46% May 48% .46% .48% .48% Sept.. .60*4 .61% '.58% .58% .61% Dec.. .66% .66% .63% .64% .66% Mar.. .70% .7114 .68% .68% .71% LARD— Sept. 10.62 10.82 10.75 10.75 10.90 Oct. 10.82 10A2 10.75 10.75 10.90 Dec. 10.70 :i5.T7 10.60 10.60 10.80 Jan. 10.75 10.80 10.60 1 0.60 10.87 BELLIES— Sept. 13.75 13.75 F.u Times Bpecinl CHICAGO. Aug. 13.—Wheat. 173; corn, 128; oats. 121: rye. 1. and barley. 5. Bu T l nited Press CHICAGO. Aug. 13.—Cash grain close: Wheat—No. 2 red. 90®90 s ic; No. 1 hard, 89%@'91%c: No. 2. 85%®91%c. Corn— No. 2 mixed. sl.ol®. 1.02: No. 1 vellow. *1.01%*51.02: No. 2. *1.01%®1.02; No. 3. *1.01%® 1.01%: No. 2 white, $1.03® 1.04. Oats—No. 2. 39%@ 41c: No. 3. 39®40V,c: No. 4. 37%®39%c. Rye—6sc. Bariev—s6 ®67c. Timothy—ss.2s®s.so. Clover *10.25ffi17.75. Bu T'nitrei Press TOLEDO, Aug. 13.r—Grain close: Wheat— No. 2 red. 93® 94c. Corn—No. 3 vellow, *1.070)1.08. Oats—No. 2 white. 43%®44%c. Rye—No. 2. 75c. Barley—No. 2. 59c. Clover Domestic, cash. $14.50; prime choice, $14.75; October, $15.25; December. $15.50. Alsyke—Cash. sl2: October. $12.25: December. $12.50. Butter—Fancy creamery. 41 ® 42c. Eggs—Country run. 21®23c. Hay— Timothy, $1.23 cwt.

The City in Brief

THURSDAY EVENTS Indianapolis Advertising Club luncheon, Columbia Club. Indianapolis Egnineering Society luncheon. Board of Trade. American Business Club luncheon. Columbia Club. Real Estate Board luncheon. Lincoln. Sigma Nu luncheon. Lincoln. Sxth annual fish fry of the West Park Christian church will be held Aug. 22 and 23 on West Washington street near Belle Vieu place. Six new members were introduced at the Indianapolis Rotary Club luncheon Tuesday in the Claypoel. They arc Edgar B. Oscars, Robert E. Hollowell, Fred S. Boone Jr., Henry Langsenkanip, Charles A. Garrard and Eugene C. Foster. Funeral directors from nine Indiana counties will meet at a dinner at 5 Thursday night in the Hotel Antlers, Meridian and St. Clair streets. Reunion of the Fields-Brooks family will be held Sunday in Garfield park. Bylaw changes, giving the directors greater authority between conventions. were adopted Tuesday by the Outdoor Advertising Association at a meeting in the Lincoln. The first cat show ever held in connection with the Indiana state fair is planned this year under the auspices of the Indianapolis Cat Club. Miss Dora Young of Warren, Ind., will be judge. Max Fowler, publisher of the Frankfort Times, was elected president of the Indiana League of Home Dailies at a meeting Tuesday at the Lincoln. Former residents of Dubois county will hold their annual reunion Aug. 24 at Garfield park. Albert Teaford. president, announced today. Voluntary bankruptcy petition has been filed in federal court by Clarence F. Paddock, farmer, Richmond, R. R. 3, listing $5,618 liabilities and $470 assets. LEBANON COMPANY DECLARES DIVIDEND The board of directors of Ulen iz Cos., international construction engineers of New York and Lebanon, Ind., Monday declared the regular quarterly dividend of 40 cents a share on the common stock payable Oct. 15 to stockholders of record Oct. 1. This is the second dividend to be paid, as the directors at the June meeting placed the shares on a $1.60 annual basis.

PRIZE DRAMA IS MADE INTO MOVIE ‘Common Clay,’ Made From the Stage Play Into a Talker, Opens Thursday at the Apollo Theater. WITH .Constance Bennett in the leading role, “Common Clay" opens at the Apollo Thursday, a gripping story of a pleasure-loving girl whose mistakes and subsequent attempts to redeem herself, bring about strong drama. “Common Clay” is the original Harvard prize play by Cleves Kinkead. and has been one of the most popular and significant stage offerings of the last twenty years, and the screen version is said to retain all the intensity of the footlight drama. , The opening sequences show Miss Bennett as a “hostess" in a speakeasy, because of her love for gaiety and dancing. When the place ia

raided by the police she Is arraigned in court, the dangers of her career becomes clear, and she decides to abandon it for something more respectable and less exciting. This she seeks as a maid In a fashionable home, but her beauty and her past reputation serve to make her the prey of the young heir of the house, home from college for the summer. After vainly trying to comince him of her intentions, she fails in love with him, “not wisely but too well." When her baby is born she appeals to him, but is ignored by both the boy and his father, believing she is only a “golddigger.” Forced to seek legal assistance in obtaining justice, the boy’s attorney brings out her police-court record, much to the dismay of her own lawyer. At the trial, the girl’s mother admits that she is not the real mother of Constance after all, but that the girl is the child of a friend who committed suicide, rather than bring shame on the man she loved. Since there is no record of the girl’s age, the case is thrown out of court. Summoned to the attorney’s home the next day, however, the girl, wearied of the apparently hopeless light for justice, receives some startling revelations which culminate in a climax of unusual power and feeling, as well as bringing her some measure of the happiness she has craved. Lew Ayres has the leading male role of the boy. Others in cast are Tully Marshall, Beryl Mercer, Hale Hamilton. Purnell Pratt, Ada Williams and Charles McNaughton. nun Indianapolis theaters today offer: “Good Intentions" at the Apollo, “Not Damaged” at the Lyric, “The Sap from Syracuse” at the Indiana, “The Dawn Patrol” at the Circle, “With Byrd at the South Pole” at the Ohio, “Our Blushing Brides” at the Palace, and musical revue at the Colonial. Births Girls Adrian and Mamie Snoddy, 1820 Lockwood. Clarence and Lucille Dickman. 1014 North Ludlow. Marvin and Elizabeth Crain. 1721 Massachusetts. Panl and Zella Hadlev. 534 Arbor. Jesse and Alberta Dake. 1316 Sturm. Theodore and Dorothy Monroe. 2165 Barth. James and Doris Pace, 3543 North Emerson. Charles and Mabelle Anderson, 413 Collier. Boys Carl and Marie Cecil, St. Vincent’s hospital. Edward and Bernice Newctt. St. Vincent’s hospital. Leon and Ivalu Wrinht. St. Vincent’s hospital. j William and Florence Philips, 1542 North Lewis. Teddy and Nancy Rich. 556 North Highland. Herbert and Rosalee Taylor. 2314 North Cornell. Howard and Maggie Simmons. 518 West New York. ...... Harvey and Mildred Johnson. 510 East Morris. Andrew and Mary Gulley. 1314 English. Ralph and Orpha Metzger. 1221 North A1 & bwn 3. George and Ethel Knauss. St. Vincent’s hospital. _ ... Rov and Minnie McCormick, St. Vincent’s hospital. . . , Mathew and Mamie Reed. 1702 Arsenal. Deaths Walter G. Nicholson. 62, 1552 South Harding, sarcoma. .. . Infant Reed. 1 day. 1702 North Arsenal. Mary Johnson. 91. 1332 Columbia, acute gastro enteritis. J Bass Harrington. 33, 2344 Shriver. general tuberculosis. „ „ .. Elizabeth Riechenmeyer. 69. 105 North Arsenal, acute cardiac dilatation. Carl R. Rutherford. 23. 1930 Ludlow, pulmonary tuberculosis. _ „ . , John N. Bane. 83. 1727 Bellefontalne. acute dilatation of heart. Evelyn Hood. 20. citv hospital, acute cardiac dilatation. , , Lula Timmons. 50. city hospital, •pulmonary tuberculosis. Emma Bell Jackson. 15. 3134 North Arsenal, pulmonary tuberculosis. Mary F. Allison. 61. 1326 Comar. aP Cb(Tries Gu'-. 47. Medical Arts building, fractured skull. „ ... Louisa Armantrout, 80. 916 Tecumseh, cardio vascular renal disease.

For INVESTORS with large or small capital Each finds the same advantages in this safe, profitable investment. —Preferred stock in a rapidly growing company. —Definite &% fixed income, exempt from local, state and normal federal income tax. —Records show that never has an investor lost a cent in American Loan Company stock- Dividends have always been paid promptly from earnings when due. —Since its inception the company has constantly been under the present management. —Each year has shown a remarkable increase in business.

Produce Markets

Eggs (Country Rum—Loss off delivered in Indianapolis. 17c: benerv quality No 1. 23c: No. 2 13c. ” . Poultry i Buying Prlcsei— Hens, weighing 4% lbs. or over. 19c: under 4% lbs.. 18c: Leghorn hens. 14c: springers. 2% lbs. or over. 21c: under 2% lbs.. 18c: Leghorn springers. 15c; old cocks. 9<310c: ducks, full feather, fat whites. 9c: geese. Sc. These prices are for No. 1 too aualitv. quoted bv Kingan Ss Cos. Butter (wholesalei—No. 1. 41542 c; No. t 37®38c. Buttcrfat—4lc. Cheese (wholesale selling price per poundi—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts 27c; Longhorns. 34c: New York Llmberger 36c. Bu United Press NEW YORK. Aug. 13.—Folur—Dull and lower: spring patents. *5.15® 5.50. Pork—©uiet; mess. $30.50. Lard—Steady: middle west spot. $11.45*111.55. Tallow—Easy: special to extra. 5%®5%c. Dressed poultry —Active and firm; turkeys. 22®50c; fowls. 15® 30c; ducks. 12® 22c: ducks. Long Island. 15®18c. Live poultry—Steady; geese. 10®:13c; ducks. 12®22c; fowls. 17® 23c: turkevs, 20® 25c; roosters. 16c; broilers. IS® 32c. Cheese—Firmer: state whole milk, fanev to special. 24®26c; young America. 19@25c. Bu United Press CINCINNATI. Aug. 13.—Butter—Steady: creamery in tub lots, according to score. 34(<i37c; common score discounted ®3c: packing stock. No. 1,28 c; No. 2. 22c; No. 3. 15c; butterfat. 35<&37c. Eggs—Steady; cases included; Extra firsts. 29c: firsts. 24c; seconds. 21c; nearby ungraded. 23c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 22c; 4 lbs. and over. 19c; 3 lbs. and over, 17c; Leghorns. 3 lbs. and over, 14c; roosters, 13c; colored fryers, over 3 lbs., 27c; broilers, colored, over 2 lbs., 23%c: broilers, over 1% lbs., 23c; 1% lbs. and over. 19c: Leghorn and Orpington broilers, over 1% lbs.. 23c: 1% lbs. and over, 19c; broilers, partly feathered, 15ft; 18c; black springers. 18c. Bu United Press CHICAGO, Aug. 13.—The mercantile exchange will close at 10:30 Thursday for the annual field day. Eggs—Market, firm; receipts, 8,434 cases; extra firsts, 25ft 26c; firsts. 24ft24%c; current receipts, 20ft21%c; ordinaries, 15ft 19c; seconds, 12ft14%c. Butter—Market, firm; receipts, 7,742 tubs: extras, 38%c; extra firsts, 3ift37%c; firsts, 35%ft36c; seconds, 33ft 34c; standards. 38%c. Poultry—Market, firm; receipts, 3 cars; fowls, 22 ft 22 %c; springers, 25c; Leghorns, 15c; ducks, 14ft 18c; geese. 12c; turkeys, 18c; roosters. 14c; broilers, 22c. Cheese—Twins, 17ft17%c; Young Americas. 18%c. Potatoes—On track. 173; arrivals, 3;>; shipments, 523; market, firm on whites, dull on red stock; Missouri sacked Irish Cobblers, $ 1.75(3.1.95; Virginia barrel, Irish Cobblers, $3.40; Minnesota sacked Early Ohios, [email protected]; New Jersey sacked Irish Cobblers, s2.loft 2.20; Nebraska sacked Irish Cobblers, s2ft 2.15; Wisconsin sacked Irish Oobblers, [email protected]. Bu United Press CLEVELAND. Aug. 13.—Butter—Extras, 42%c: extra firsts, 42 %c. Eggs—Extras, 29c; firsts. 21 %c; ordinaries, 18c. Poultry —Fowls. 22c; medium, 18ft20c; Leghorn, 14ft 16c; heavy broilers. 25ft30c; Leghorn broilers, 20® 22c; ducks, 10ft30c; old cocks, 14ftl6c; geese. 20c. Other Livestock Bu United Press PITTSBURGH. Aug. 13.—Hogs Receipts, 1,200; market steady; 160-210 lbs., $10.25ft 10.50; 220-260 lbs., $9.75ft 10.25; 100140 lbs., $9.25ft9.75; packing sows, strong to 25c higher; good grades. $7.50(37.75. Cattle—Receipts. 10; about steady; common to medium cows. *4(8:4.75; cutters down to $3.25. Calves —Receipts. 150; slow, weak to 50c lower; bulk good and choice vealers. [email protected]: top. sl2; common to medium. $5ft8.50. Sheep—Receipts. 1.000; tat lambs strong to 25c higher; good and choice. $7.250.9.25; medium grades down to $6. NATIONAL GUARDSMEN TO APPEAR IN REVIEW Observation Squadrons to Give Exhibition of Air Maneuvers. Bv Times Special CAMP KNOX. Ky„ Aug. 13.—A1l national guard units at summer camp here will appear in a review Thursday afternoon. Observation squadrons will give an aerial exhibition, in whieft pilots of the One hundred and thirteenth observation squadron from Stout field, Indianapolis, will take prominent parts. Two companies of guardsmen returned from Marion, Ind., Tuesday, where they had been stationed under command of Colonel George H. Healey, Indianapolis, following the lynching of two Negroes. Among certain tribes of Africa, brides may be purchased on the installment plan.

IUMPMiU Y <S UARTZ

IlslVE / TMENT/ 820 Circle Tower Bldg, j I j Indianapolis, Indiana

SHOWERS HELP CORN CROPS IN MOSTOF BELT Northern States Benefited by Cool Weather and Rains. Bu United Press WASHINGTON, Aug. 13.— Weekly weather report Issued by the United States department of agriculture today said: •The weather continued generally warm in the cotton belt with further rain in the more eastern portion and some good showers in parts of the west, but in the northwest and central sections droughty conditions continued. “There were some good rains in. thd western half of Texas and a few eastern localities and a fairly good cotton crop Is practically made in most of the southern third of the state, though with local complaints of shedding and small bolls. Little Relief Seen “Showers and cooler weather have been beneficial in parts of the northern corn belt, but little or no relief has yet been afforded in the southern portion where the crop continues to deteriorate. “In Kentucky, most of Ohio, southern parts of Illinois and Indiana, rather generally in Missouri, and in most of the southern great plains, drought conditions were generally intensified and corn continued to lose ground. “In Ohio a few local areas were benefitted by showers, while good rain in much of northern Indiana have caused considerable improvement. In Illinois there are marked contrasts with deterioration ranging from slight in parts of the north to extremely heavy in the south. Much Corn Lost “Much of the corn crop in Missouri and Oklahoma is beyond recovery, while deterioration continues in Kansas, except in the northwest. In Nebraska and South Dakota showers were more frequent and corn made fair progress. “In many localities especially in South Dakota and in extreme northern great plains, conditions continued less favorable. In lowa there has been further deterioration in the west central counties, the northwest and a few eastern sections, with corn in some northeastern counties good to excellent, hut much of the southwest poor. In the latter area sine* July 1, some places have had sixteen days maximum temperatures of 100 degrees or higher. Berliners are getting the telephone habit. There are about 472,000 telephones in that city, and 1,300,000 calls are sent every day of the year.

CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher ""rust Bids. 81. 1891

Breed, Elliott & Harrison Established 1912 109 N. Pennsylvania St. Street Floor Indianapolis GOVERNMENT BONDS INDIANA ROAD BONDS REAL ESTATE PREFERRED STOCKS INVESTMENT TRUST SHARES Corporate Trust Shares Basic Industry Shares Trustee Standard OUsbares

Have the facts about . • • American Loan Company 8% TAX EXEMPT Preferred Stock Proven to you by tetter, telephone or personal inquiry. A request for our booklet “A Straight 8 Investment” entails no obligation.

.AUG. 13, 1930