Indianapolis Times, Volume 42, Number 85, Indianapolis, Marion County, 18 August 1930 — Page 10
PAGE 10
STOCK SHARES MEET SUPPORT AFTER DECLINE Early Weakness in Radio Is Unsettling Factor in Trading.
Average Stock Prices
Avenge of thirty industrials for Bturday was 228 02. off 53. Average of twenty rail-, wav 129 30. up 83 Average of t"ent7 utilities war 82 85. up .08 Average of forty bonds was 98 <B. up .01. r, > 'luted Per M NEW YORK. Aug. 13 Resistance to selling pressure made an appearance on the stock market before noon today after the list had been depressed fractions to more than 3 pcints. Trading was dull. Radio Corporation led the decline, 'ouching 36%. off 2 3 i. The corporation's report for the first six months showed earnings inadequate for preferred dividends and was generally an unsettling factor. Youngstown Steel operations were unchanged at 56' 3 per cent and General Motors reported a sharp drop in sales in July. Brokerage opinion was not bearish, but it tended toward caution. Steel Dips United States Steel dipped to 1 62 T =. but around noon it was back to 163%. off I s * from the previous close. Other steels were lower, with A. M Byers off 3% at 65, Bethlehem off r . at 78', and Vanadium off 1 at 86%. The General Motors sales report had no effect on the stock, which ruled fairly steady. Other motor shares sold off, but around noon were rallying. > Utilities dipped 1 to more than 3 points with American Telephone off 3% at 205 •%. Oils were easier m quiet turnover, while coppers were about steady. International Nickel sold off to anew low for the year at 20',. Fear Dividends The market still was under the influence of fear of unfavorable dividend action on many stocks. Yields on present cash payments range up to more than 25 per cent, and in case of the higher returns it is believed adjustments will be made at dividend meetings in the near future. Call money renewed at 2% per cent and held firm. Cotton futures reacted to newseasonal lows, all positions dropping below- the 12-cent level. Chicago wheat dipped to within I’* to 2% cents of the season's lows.
Banks and Exchange
Indianapolis bank clearings Mondav. A .e. 1* were $3,473,000: debits. 56.6i7.000. CHICAGO STATEMENT Bu United Press CHICAGO. Ans 1$ Bap) cltannss. $74.000 000 balances. $4 000.000. NEW YORK STATEMENT Reunited Prrss _ , , WEW YORK Alls 18. - Bank clearings. $479 000.000 elearins house balance. $106.000000. federal reserve bank credit balance. $102,000,000. TREASURY STATEMENT 7?v f vtitt •! Prr** WASHINGTON. Auz. 13.-Th treasury n.H balance on Aue la was $102,372.129.7*.: rxprndltures for the sam* dav were $8 655.863 15 customs receipts for the month to that dat -A#re $15,913,589.33.
On Commission Row
FKCITS Apples— Yellow Transparent. $2(52.50 a bushel. Duchess. 51.755j2.50; Carson. S3 Apricots—California. Roval. f2.50di2.75 a 20-lb. crate. Blackbenes—Michigan. 50.50 a 24-auart "carries—California. 8-Vb. hot. S3: Michigan. 24-auart crate. 53.2553 50. Currants —Michigan. $353 25 a 16-auart crate „ Dewberries--16-auart crate. J 3.2583.50. Eggplant—Southern. 51.50 a dozen. Gooseberries —Michican. 53.75 a 16-auart Grapefruit—lmperial Valiev. 55.5058.5 C * Graoes—California, seedless. SI a crate: Malaca. lug. $2.7553. Huckleberries—Ss a 16 ot. crata Lemons—Fancy California. S>.SOSB a crate. Limes—Dominican. 52.50 a 100. Melons— Cantaloupe*. Arkansas standards 53.50 a crate: Jumbo. 53.5011 3. <o; Indiana, flats. SI 25: Jumbo. 51.50: Honev Ball. 3615 455. S4iT4.so' Honev Dew. S3 a crate. Watermelons—34-lb. everace. 60U 65 Orances—California Valencia. 55.7553 —Georcla. Hilev Bell. $2.25 a one-half bushel basket: Alberta. $1 a bushel. Pears—California Bartlett. $4.25 a box Plums—California, blue. red. veliow. *l-<5 •32.25 a basket crate. Raspberries—Red Michigan. 53.5034 a 24-nlnt crate: black. S3 53 25 VEGETABLES Beans—Marion county, strlneless. $2 23 a bushel: wax. *1.25 a Climax basket: Kentucky Wonders. 52.2552.50. Beets —Home-crown. 25c a dozen bunches Cabbace—Home-crown, new. 51.2a5i.75 a barrel: 2'ic a lb. .... _ . . Carrots—Marion countv. 51.25 a bushel: Sac a dozen bunches. Cauliflower—Home-crown. $1.500 2 a Ceiefv—California: $6 crate of 4s: Michtean. SI: Florida, washed. 50c a dozen bunches. ... . .. Corn—Roasting ears. Marlon countv. 35 i2 40c a dozen. . .. ... Cucumbers —Home-crown, hothouse. 75,. S1 a dozen. Eggplant—Marion countv. S2 a dozen. Kale—Home-crown. 75c a bushel Lettuce— Washington Iceberg. Sa a crate of 4s ss: extra fancy Marten county leaf 75c a 15-lb basket. Mushrooms—3-lb. basket. S3. Onions—Green, home-crown. 30c a dozen bunche*: new Texas veliow Bermuda $- a crate: Marion countv Veliow Globe. SI 50 a bushel: white. S2. Parslev —Marion countv. 50e a dozen bunches . ..„ Feas—Telenhone. home-crown. S3 <5 • bushel Penners—Southern. $1.5033 a hamper. Radisnes—Hothouse, button 40c a dozen bunches lone red or white. 30c. Rhubarb— Home-grown 35c a dozen Spinach-Home-grown. 75c a bushel. Souash—Marion countv. SI.SO a bushel Tomatoes—Marion countv. 90c a 10-lb *"*furnlt)s—New. $1.50 a bushel: Marlon county. 45c a dozen bunches Marriage Licenses R Raymond Herath. 26. of 2811 Washington boulevard accountant, and Alice J. Burch. 24 of 933 North Audubon, stenocV Bulthaup. 26. of 326 East Morns. clerk, and Katherine E Brvant. 23. of Bf-ch Grove, secretary. w _ . Michael R Mullen. 25 of 766 North Ri'.ev. mechanic, and Helen V Finnertv. 24. of 1540 Park, clerk. . , „ , Elovd A. Rar.dall 25. of 2849 Centra! aviator, and Charlotte E. Ouilian. 13. of 2017 Central, clerk Wilfprd D Fercason. 22. of Cumberland, bookkeeper and Mildred R. Worrel. 21. of Beech Grovf. clerk Joseph Serf el. 66. of 1023 East Maple road contractor, and Lulu B Groenwoid:. 47 of 1539 North Illinois, clerk. Randal M Manncn. 3. of 1220 North T!'iro:< merchant, and Ruth P Tucker. 25 of 1"3 Ea*t Thirteenth, stenographer. Russell A Hoffman. 22 of 1629 Finlev minister and Winifred J. Terrv. 22. of R R 7 Box 206. clerk. Mark R. Ouackenbush. 22. of Hammond, clerk and Anna L. Smith. 11. of 1914 Park. Paul D Whittemore. SI. of 4003 North New Jersey salesman, and Mary A. Kindle' 25. of 351 Birchwood George W Harrison 7. nf 3317 Graceland. retired, and Grace Connan. 46. of 37*4 North ctpitol. Preston Lane. 34. of 1185 West Twentvvevrwth. laborer, and Corene Simms. 24. of f Stanley B Turner 32, of 413 West Micb'rar waiter and Stella A, B. Smith. 25, of 413 Wes’ Michigan, maid.
Locsl Wagon Wheat
- CJtr rrmtr elevators ar paving 79c for No ] red wheat and 7e for No. 1 hard •teat
New York Stocks "*'* Bv Tbomaop & McKinnon 1
i*- pr<v Railroad.— High Lw. 11-30. Close Atchison i Balt A: Ohio 101 100 . 100’. 101% Chcsa A: Ohio.. 46 * 45 46 47 ♦ Chi Grt West 10 * 10 • CR I P OS A: Hudson * 165 niinola Central .".11* Hs* ••• Kan Citv So M ™ Lou Ac Nash.... • MK * T 40 3®% 40 39% Mo Pacific pfd. . , ■ N Y Ceatral .. 162% ISi 1 a 161% 162 Norfolk A: West . • • 226 2 Pennsylvania ... <2% 72 i2 .7: ‘ Reading ]‘o So Pacific Southern Rv --- fir* St Paul 13’. 13’. 13> 13U ! St Paul pfd 21- 21 3 Sit 4 S V v- . Union Pacific 214 . 213 Wabash W Maryland “ 1 Equipments— Am Car A; Am Steel Pd 26 2 Am Air Brake S Jl * Gen Arti Tank *£% General Elec . 69-, 68 68'. 69% Gen Am Tank .. -• .. **' General Elec . 69% 68 68 b. . Gen Rv Signal JJ • 1 Pullman 63 * 5; i Westingh Ar B . -■ ■ ■■. Westlngh Elec -142’a I<o' 142 3 143 , Rubbers— , ■ Fisk 2 IT*1 T * * * ’Goodrich 22’2 22’. 22% Goodvear . .61 60 60 61 * i Kelly Sorgfld 3% 3 * U S Rubber 20 4 Motort—i Auburn 114 UOU IW* 113’-’ I Chrysler 2r 27*2 *]*• *** i Graham Paige.. ® General Motors 43'. 43 . 43 . 43 . j Hudson 30 29’2 29’.- 29 a i Hunp IV,* 13 Nash . . !' 31 'I 33V* Packard 13'. 13'. 13% IT. Reo 9 % J; 4 Studebaker • Yellow Truck .. 22 . 2i% *2 z Motor Aceas— Bcndix Aviation 31’. S s20 ‘ . 1# 4 >: Sparks-W '.\V.7‘ " ii- 20’. 20% Stewart Warner 24’. ... Timkin Roll 63 Mini*— Am Smelt *5 63 . Am Zinc , • • • * Anaconda Cop 46% 40- 46 16/. Cal K Hecla . 14 13’. 13% Car As Arlz 54 • ■ ■ Freeport Texas ’lv. Great Nor Ore . 19’. 19 19’. 13% How- Sound .. 2 lilt Nickel 20 s . 20 20’s .0 Inipiration • • }*, „z,. Kennecott Cop 36“ 35'. 3s- a 36 a Miami Copper.. 15’. 15 lo ••• Nev Cons .. 14% 14’. 14’. 14 a Texas Gul Sul 56 . Oil. — Amerada 25 Am Republic .. . • ■ • J® Atl Refilling 37% 36% 36'a 37 Barnsdall 23% .3’, .3 . -3a Houston 78’, i7 i3 i> Ind Oil 21*2 20 a Indian Refining . . u }s&§& ... 21% 21-2 \ U Mid Conti 24 23”. 24 24 a Phillips 32’* 32 32 32 - Pr Oil & Gas.. ... ... , 31 Pure Oil 21 20% 20% 20 s , Richfield 16*2 16% 16-a 16 z Royal Dutch ... 50 3 a 49’, 49’, 51 Shell Un .. . 15’ 15 15'a 15'a Simms Pt • 20 a Sinclair • 23-a 23', .3>4 23_, Skellv 28’ 2 28’, 28U 28 s , Standard of Cal . 62’. 62-, Standard of N.l 71'. <0 . 71 7T. Standard of N Y 31'; 31’a 31’. 31'.2 Texas Cos 52 . 52 2 Steel.— Am Roll Mills 53=. 54’a Bethlehem . .. 79’a 78’2 78 3 a i9’a Bverj AM 67’, 687. Colo Fuel 47 e* Ludlum 23*4 Midland 32 32 Rcpub I & 5... 34'j 33=4 34'2 34 U S Steel 164'.. 163’, 164’, 165=a Vanadium .... 88 86’2 37’, 87’a Tobacco. — Am Sumatra ... 11 General Cigar • • 43 tig & Myers <Bi 93 2 93 Lorillard 22’a 22'2 22'2 .2 Reynolds Tob .. 49 a 49 2 Tob Pr A 13’; 12'a 12'; 11 1 Tob Pr B 3'a . ■ United Cig 3 I'tilitie*— Aadms Exp 25’. 25 3 a Am For Pw r . 67' J 86 1 67 “a . 67 J a AT&T 207'; 205'; 207'; 207’, Col Gas &El . 57'.- 56', 56’, 58= Com & Sou .. 13'a 12’, 13 13', El Pwr & Li . 65’, 64’; 64> 65', Gen Gas A ... B’a B’a Int.l T & T 43’a 42’a 43’a 44'a Natl Pw-r & Li.. 44”, 44 44 44'. Par Gas & El 54' 2 Pub Ser N J 91'i 91 91 91'. Std G & E 1... 97 3 a 96': 96’; 96’, United Corp 29’a 29'a 29', 30', Ut Pwr & L A 31’, 31 West Union ■■■ 171 Shipping— Am Int.l Corp. 32’a 32’; 32'2 33 Am Ship & Com 2’ 2 2'; Inti Mer M pfd 21 Vi No Gm Lloyd ... 43 3 ,4 United Fruit 87 87 Armour A 4 7 * 5 Beechnut Pkg .... ... 53 3 , Cal Pkg ... 63'a Can Drv ... 63’, . . Coca Cola ...... 173', Corn Prod 83 87% 87 3 . 89% Cudahv Pkg . 4040 Cuban Am Sug . 4' 2 Gen Foods 53 52'; 52', 53 Grand Union .. 15 s , 15’a 15', Jewel Tea 47 3 . 47‘' 3 Kroeer 24% 23% 23 1 ; 23’? Nat Biscuit . • 80 SO'i Safeway St . . 64% Std Brands ... 18's 18% Preys— Cotv Inc 19 18% 19 19 Lambert Cos • • 90 Lehn & Fink .. 27’; 27 1 27 23 Industrials — Am Radiator.. . 25', 24% 25 25 Bush Terms 35 3o Certaintred 6 , Gen Asphalt 41 7 41% Otis Elev 64% 64 64% 63’a Indus Chains— Allied Chem , „„„ 23 *’ 3 Con Solvv 94 ; 33% .4 2 , Union Carh ... 72 il 3 a 72 <2 7 U S Ind AICO 63 63 R-tail Stores — Gimhel B-os ... 10', 10'a 10'3 'O% Kresge S SI May D Store 43 Mont ’.Vard ... 32 3 a 32'a 3-', _ ; fenny J C .. 5- ! Schulte Ret St. .. ... •••, , 3 % Sears Foe 62-a 61 8.% 63'a
New York Bank Stocks
Aug 16— Bid Ask. America 83 91 Bank of United States 38'a 33 s Bankers 138-s 139'a Brooklyn Trust 692 699 Centra! Hanover 320 3.4 Chase National 136'; }3i ; Chatham Phoenix National. 100 107 Chemical 62 1 s 63 >; Cltv National J2o 120 z Corn Exchange 152 154 Commercial 380 399 Continental 25' . 26 ; Fmpirf *5 First National 4.775 4 850 Guaranty 613 614 Trying 43'2 50 Manhattan A- Cos 105 108 Manufacturers 80' 2 81'2 Public 100 163 Chelsea 30 33
Net Changes
B" United Press NEW YORK. Au?. 16 —Closuig prices and net changes on principal ! stocks traded in on the New York Stock Exchange today were as folj lows: Up. off. . American Can 124 ... Amer Tel & Tel 208J< . l l t Bethlehem Steel 79’ ' . ; . Consolidated Gas 105 L . * ' Fox Film A 42- i ... General F-lectric 69l'a General Motors 43*>* 3 4 International Tel 44' ’ ... Loews 66’* ’* ... Montgomery Ward 132'- 5 i North American 97’ • Paramount 56 5 *a ••• Pennsylvania 72G ... ' Public Service 91'. ... * Radio 39* . . I'* Radio Keith -9* ** Sears Roebuck 63* 13.l 3 . ... Standard Gas 96’. l’ ... Standard Oil. N J <tf. '. ... United Corporation 30’_ ... '* U S. Steel 165-. ■ ... Vanadium 87“, ... l*. Warner Bros ••• la ’.Vesttnghouse . • Wool worth 57’. ... Yellow Truck 22 33 ... Births Bovs Glen and Opal Park. 1111 West ThirtyClaud and Ida Reading. 2116 Ringgold. Girls George and Mary Carter. 1402 North Holmes. _ Daniel and Selma Mowery, 418 South Spencer. Deaths James Gordon Gillaspy. 42 1124 Trowbridge. pulmonary tuberculosis. Josephine Kiefer. 75. 3602 North Meridian. cerebral hemorrhage. Lamette Blanche Cramer, S3. 2229 North Capitol, chronic nephritis. Clark W Belles. 85. 4715 Carvel, uremia. Cnarles H. Hearla. 36. 57 South Rural, chronic myocarditis. Cora Utlev. 48. 437’ i West Thirteenth, acute interstitial nephritis. Marv E Goff. 83. 545 Teehumseh. arteriosclerosis. Building Permits Frank N. Millikan, repairs. 2363 North PennsvVfatua SSOO. Banner Furniture Company, new store front, South Meridian, $2,000.
TVoolworth 57’a 57 57% 57% Amusements— Col Graph 14% 13% 13’. 15% Eastman Kod 209 207% 207% 209 Fox Film A . 42% 42% 42% 42% Grigsby Gru ... 14 13% 13% 14 Loews Inc 65 64’a 65 66% Miscellaneous— Cor.goleum A\'* Am Can 123% 122 123% 124 Cont Can ........ . 53% 54% Curtiss Wr . 6% 6% 6% 6% Qillette SR 89 79% 79% 80’a
In the Stock Market
■ By Thomson & McKinnon 1 NEW YORK, Aug! 18.—The first step in the business cycle is advance orders. From many directions are signs vis. that orders are beginning to 1. .. Buying at wholesale, according to the Credit Clearing House in the merchandise markets last week, exceeded considerably that of prewtous weeks. It was only a shade under the corresponding week of last year. Another encouraging development is the flattening out of the commodity ; rice trend. For the first time since May the commodity index shows an advance for 1-wo consecutive weeks. In this connection, it is interesting to note that Babson in an interview predicts a general business recovery for the midwest region based on expectations of improved agricultural conditions. Whatever influence the extended short interest may have had in the market action the last few days, one fact clearly brought out is that stocks are far more strongly held than they have been for several years. With the gain in confidence that business is going forward and with no change indicated in money rates, the demand for good securities should grow stronger.
Indianapolis Stocks
—Aug. 18— Bid. Ask. Arr.er Central Life Ins 50..1.000 ... Belt RR & Yds Cos com 59% 63 Belt R R & S Yds Cos pfd 58 61 Bobbs-Merrill Cos 30 33% Central Ind Power C o pfd... 90 94 Cirsle Theater Cos com 106 Citizens Gas 27 ... Citizens Gas pfd . 97 Commonwealth I Cos pfd 7%... 98 103 Commonwealth L Cos pf 87,.. 99 ... Hook Drug Cos com news 23 „o% Ind Hotel Cos Claypool c0m..!20 ... Indiana Hotel Cos prer 100 104 Indiana Service Corp pref 88 ... Indianapolis Gas Cos com 57 60% Indpls North Western •• Indpls Power & Lt pfd 103% 105 Indpls Pub Wev Loan As com 52 ... Indpls St Ry Cos pfd 10 U Indpls Water Cos pfd 101 103 Northern Ind Pub 6% co pfd.. 93 101 Northern Ind Pub 77* co pfd...107% 110 Interstate Pub Serv 7% 101 % 104 ’nterstatc Pun Serv 6% B K % 91% Metro Loan Cos 100 ... Northern Ind P d%7* co pfd.. 92 97 Progress laundry Cos c0m.... 44 47 *? Rauh & Sons Fer Cos pfd.. 47 Real Silk Hosiery M Inc pfd.. 90 Shareholders Investors C 0.... 23 Standard Oil of Ind 49% ... T H I & E Pfd 9 11 Terre Haute Trac L Cos pfd ... 80 ... Union Title Cos common 40 45 Van Camp Prod Cos Ist. pfd ... 9J Van Camp Prod Cos 2nd pfd.. .. 98 BONDS Belt R R & Stock Cos 5s 91 Broad Ripple . 41 Central Indiana Gas Cos 55... 99% Central Ind Power Cos 6s 98% Citizens Gas Cos 5s 101 102’/; Citizens Street Railroad ss. .. 42 43 Home I & T of Ft. Wayne 6s. 102 Ind Rv & Light Cos 5s ...95 Indiana Service Corpn 5s 88 Indpls Power & Light Cos 55.. 99% 100% Indpls Col & Trac Cos 6s 90 Indianapolis Gas Cos 5s 99% 102 Indpls & Mart Rapid TCo 5s 14 Indpls Northwestern Cos 14 ... Induls Street Ry 4s 29 30 -Indpls Trac Ter Cos 5s 85 Indpls Union Ry 6s 100% Indpls Water Cos 5%s 103',; 104% Indpls Water Cos 5s 99 Indpls Water Cos lie & ref ... 93 Indpls Water 4%s .......... 94 95 Indpls ,Vater W Sec Cos 55.... 87 Interstate Pub Serv Cos 4%s .. 91% Interstate Pub Ser Cos 5s 98 Interstate Pub Serv 6%s 107 No Ind Pub Serv Cos 5s 101 % No Ind Telephone Cos 6s 98% 100 T H Ind & East Trac Cos 55.. 70 T H Trac Light Cos 5s 85 •Flat. Other Livestock Bv fn itrrl Prrs* EAST BUFFALO. N. Y . Aug. 18 —Hogs—erailv 25c higher: mostly ta shippers: bulk Receipts. 3.800: holdovers. 100: active, gen--160-210 lbs.. $11.50: 220-240 lbs.. $11.2547, 11.40: 250-320 lbs.. $10.50'., 11; weiht *-. low 150 lbs.. $11.254111.50; packing sows. $7,755$ 8.50. Cattle—Receipts. I.SUJ; u> grades slaughter steers and heifers. 2541 75c higher; mostly 50<f?75c over last week's low- good vearlings. $10.754111.10; weighty steers. $9.754110.25: fleshy grassers and short feds. $8479.25: common grass steers find heifers, $64x7.75: fat cows. $5,504x6; cutter grades. $2,254? 4 Calves —Receipts. 900. Calves—Receipts. 900: vealers. full grades. $2.25® 4. Calves—Receipts. 900; vealers fully steady, sl3 down. Sheep Receipts. 4T00: fat lambs active: 25 -n 50c higher: good to choice natives. $10.25 to mostly $10.50: medium and mixed lots. 57.7551.9.25; throwouts $6.504x.7. Jiv T/iiiex Snrrial LOUISVILLE Aug. 18—Hogs—Receipts, 1.000: market 25c higher; 250 lbs. up. <10.30: 165-250 lb:.. $10.95: 130-165 lbs.. 59.80: 130 lbs. down. $8: roughs. $7.50; tsags. $6.90. Cati’e—Receipts, 600; market active. 254?50c higher: prime heavy steers. $7,504? 9: heavy shipping steers. SS’T 7.50: medium and plain steers. $547 5.50; fat heifers, $4,504? 9; good to choice cows. $4.254?5.50: medium to good cows. $3.75® 4 25: cutters. $3 25473.75: canners. $24x3; bulls. s44i 6: feeders. $5.50® 6.50: stockers. $44? 3.25 Calves—Receipts. 800: market steady: choice. $8.50® 9.50: medium to good, s6® 7.50: common to medium. s4® 5.50. Sheep—Receipts. 700: market steady: ewe and wether iambs $8.50: buck lambs, $7.50: seconds. $447 4.50: clipped lambs. $2.50® 3.50. Saturday and Sunday shipments: Cattle. 30; calves. 916; hogs, 268: sheep. 213.
Produce Markets
Eggs iCountry Rum—toss off delivered In Indianapolis. 17c: henerv oualitv No 1 23c: No. 2 13c. Poultrv (Buying Pricsei—Hens weighing 1'; lbs. or over. 19c: under 4’, 2 lbs.. 13c: Leghorn hens. 14c: springers. 2V lbs. or over. 21c: under 2‘a lbs.. 18c: Leghorn springers. 15c: old cocks 9SlOc: ducks, full feather, fat whites. 9c: eeese. 6c. These prices are for No 1 top oualitv auoted bv Kingan & Cos. Butter (wholesale I —No. 1. 41®42c: No 2 3“>.i 38c. Butterfat—4lc. Cheese (wholesale selling price per round I —American loaf. 31c: pimento loaf. 32c: Wisconsin firsts 27c: Longhorns. 34c: New York Liinbereer 36c. R ■ 1 I’ilri] Press NEW YORK. Aug. 18—Flour—Quiet and steadv: sprint patents. $5.10(u5.35. Pork —Quiet: mess. $31.50 Lard—Steady: middle west spot. 511.25&11.35. Tallow— Quiet; special to extra.. b'sifii'ie. Po-tatoes-Quiet: Long Island. 75c(<?3. Sweet potatoes—Eas\ . southern, bbls. sl.2st>i 6.50: Jersev. sU<i2.7s basket. Dressed poultiw —Quiet: turkevs. 220 450; chickens. 20b 36c: fowls. 15B30c: ducks. 12tdl5c. ducks. Long Islands. 15<818e. Live poultry—Dull: geese. 10Si 13c: ducks. 13&22c: fowls, 15@ ; 23c: turkevs. 20&25c: roosters. 16c: broilers. 26031 c. Cheese—Firm: state whole milk, fancy to special. 24T26c; Young Americas, 194? 25c Bn X'nitnt Press CHICAGO. Aug. 18. Eggs - Market steadv; receipts, 12.500 cases; extra firsts. 26‘-c: firsts. 25u25’- ; c: current receipts. 21 0 22c: ordinaries. 15 ■/19c; seconds. M'a 15c. Butter—Market steadv: receipts. 12.|248 tubs: extras. 38 1 : extra firsts. 37Q ! 37’.C- firsts. 35’ 7(u 36c: seconds. 33t534c; standards 38’2cs Poultrv—Market firm: receipts. 4 cars fowls. 20823 c: springers. 25c Leghorns. 15c: ducks. 140 17c: geese, 12c: turkevs. 18c; roosters. 15e: broilers. 22c Cheese—Twins. 17@17%c; young Americas. IS'sC Potatoes—On track. 264: arrivals. 125: shipments. 581: market steadv; sacked Insn coblers. Nebraska. 1.75 b 1.85 Wisconsin. 51.80ai.83: New Jersev $1 80"i 1.85: Kansas and Missouri. 11.65 7 1.75: Minnesota sacked Earlv Ohios. $1.45 it 1.55; Idaho sacked russets, 52.65. CINCINNATI. O. Aug. 18—Butter— Higher: creamery in tub lots according. 36 '39c. common score discounted. 2&3c: nacking stock No. 1. 28c: No. 2. 22c: No. 315 c: butter fat. 380 40c. Eggs—Higher: cases included; extra first, 30c: firsts. 26c: sentrds 24c: nearbv ungraded. 36c. Live -Poultrv. thin and coarse stock sells only at heavv discount: fowls. 5 lbs. and over, 20c; 4 lbs. and over. 18c: 3 lbs. and over 15c; Leghorns. 'S lbs. and over. 13c; roosters. 13c; colored Iryers over 3 lbs.. 25c broilers colored over 2 lbs.. 22c: broilers over l'i lbs.. 22c: 1* lbs. and over 19c; Leghorns and Orpington broilers over l - lbs. 22c: I'. lbs. and over. 19c: broilers partly feathered. 15ai8c: black springers. 18c. Aged Fanner Dies B I nitril Press MT. ZION. Ind.. Aug. 18. The body of John Graves, 84. farmer, was found in the yard of his home here, Death was due to heart disease. <4 A
THE INDIANAPOLIS TIMES
SWINE MARKET OPENS STRONG AT CITYYAROS Cattle and Calves Hold at Previous Trend: Sheep Unchanged. Aug. Bulk. Top. Receipts. 11. $9.905 10.10 $lO.lO 4.500 12. 9.80® 10.00 10.10 5.500 13. 10.00® 10.15 10.25 3,500 14. 10.40 10.50 4,000 15. 10 40® 10.65 10.75 5.500 16. 10.50® 10.75 10.85 2.500 18. 10.75® 11.00 11.10 3.000 Hogs opened the week's trade with a firm undertone at the city stockyards, prices for the most part being 10 to 25 cents up over Friday’s average. The bulk, 160 to 275 pounds, sold for $10.75 to sll. Top price paid this morning was sll.lO. Receipts were estimated at 3,000, holdovers were 215. Cattle receipts were 200, the market holding fully steady. Vealers were unchanged at $11.50 down. Calf receipts were 300. Sheep were steady with receipts of 800. Lambs were selling at $10.25 down. Chicago hog receipts were 35,000, including 14,000 direct. Holdovers were 1,000. Early trade was mostly to shippers, the market holding steady with Friday’s average. A few loads of good to choice 160 to 210 pound weights sold at $10.60 to $10.75; holding strictly choice 200pound averages above these figures. Small lots of lightweight packing sows went at $8.75 to $8.85. Cattle receipts were 14,500; sheep, 20,000. HOGS Receipts. 3,(KKI; market, higher. —Light Lights—-(l4o-160) Good and choice .. ,$10.2o4?10.50 —Light Weights—-(l6o-1801 Good and choice... 11.00® 11.10 (180-200) Good and choice .. 11.00® 11.10 —Medium Weights—-(2oo-220) Good and choice 10.90® 11.00 (202-5001 Good and choice 10.75® 1050 —Heavyweights—-(2so-3501 Good and choice 10.354? 10.6; (290-350) Good and choice 9.75®10.50 —Packing Sows—-(27s-500) Medium and. g00d... 7.75® 3.70 —Slaughter Pigs— „ r .- Innn (100-130' Good and choice [email protected] CATTLE (Slaughter Classes) Receipts, 200: market, steady. —Steers — (600-1,100) Good and choice S fnnS I * - 'sn Common and medium 5.00 Ca. 8-so (1.100-1,500) Good and choice iosf^son Medium 6 - 25 @ 8 00 —Heifers—-(sso-850) Good and choice t'nn*) 1 * an Common and medium 5.00® e.ou Good and choice Common and medium 4.25| 5.50 Low cutter and cutters • • 2.50® 4,2. x —Bulls (Yearlings excludediGood and choice beef 5 an, 4 an Cutter, common and medium j.so@ 5.00 CALVES AND VEALERS Receipts. 300; market, steady. - Vealers (Milk Fed)— . . M?dium nd choice $ s:oo@ n:oo Cull and common 5.00® 8.00 —Calves—-(2so-500) Good and choice ann® 700 Common and medium x.ooo' (.uu STOCKER AN' n STEERS (500-600) Good and choice Hj Common and medium . 4.00® 5.x0 (800-I.O0O) , „ Good and choice 55'n Common and medium .. • 4- 30 ® 580 SHEEP AND LAMBb Receipts. *00; market, steady. Good and choice... $ I'w&'E'So Common and — 5.50® a.xo Medium and choice Ynn® "'SO Cull and common 10Q - ~ OJ
Other Livestock B CHICAGO. Aup. 13.—Hogs—Receipts. 35.000, including 13.000. direct: early trading around 10c higher: closing active to all in lOfft 25c higher; broad demand tor choice light hogs; top. S 10.95: packing sows active. $8,651/8.90: light hehts. 140-160 ISs.. good and choice. sto-.15 16.80. 11 **!'_- weichts. 160-200 lbs., good and choice. <lO 551/10.90: medium weights 200 250 lbs., gend and choice, $lO 40510.95, heavy weights 250-353 lbs., good and choice. $9.75 U 10.60:'packing sows. 275-500 lbs., medium and good. *8.25(0 9.15: slaughter Pi. 100. 130 lbs., good and choice. $9.23510.50. Cat ♦le—Rpceints 14 500: calves. 2.000. most, killing classes strong to 25c higher; medium wieght and weighty steers un raU light yearlings, however, continue in broad demand. $11.15 being paid for light offer infft;' hiehlv finished steers seal in pi 1./So lbs sol? up to $10.65; about 2.000 western Lrassers largely killers, in the run; supply low priced native steers small: slaughter iaTtle P andve"alers steers 600-900 good 1 300 lbs., common and medium. _s6/( t 9.25. heifers. 550-850 lbs., good and choice. s9@ ! 10 75 common and medium. $5(89.50, cows, iood and choice. $5.2517.7.25: common and medium $4.5015 5.50: low cutter and cuthr cows. 53.50ft4.75: bulls, yearlings excluded. good and choice, beef cutter to medium. $4.75®6.75. veaiers. milk fed goed and choice. sllls 13. medium 59.50iYi.100: cull and common. $75 9.50: Stocker and feeder cat tie st^ rs ™‘ 1 050 lbs., goed and choice, com nion and medium. $5(5 6.7a. Sheep ceintr. 20.000: market mostly steady; feeding 0 lambs unevenly higher: bulk natives to packers. $0.6015 9.75: bucks mostly $8 50 (5 8 75- few range lambs. $9.25/3 9.60, slaughter sheep and lambs, lambs. SO lbs. down good ans choice. 9 10.95: medium. $7,505 9: all weights, common, 555 750 ewes 90-150 lbs. medium to choice. *2.251? 4: all weights, cull and comon, Sls 2.7a. feeding lambs. 50-75 lbs., good and choice. $6,50®7. ; Sit United PYcss* _ . | TOLEDO. Aug. 18.—Hogs—Receipts. 200. market steady to 10c higher:: heavies>. *9.M 15 9.75: mediums. $10.505.10,75, Yorkers. $9,505 10. pigs. $9.50510. Cattle Receipts. 50: market steady Calves Receipts. light; market steady. Sheep—Receipts. light; market steady. B PITTSBURGH* Pa.. Aug 18.—Hogs—Rereceipts. 2.500: market full steady: 160-220 lbs $11511.35, 230-280 lbs.. $10,505.11: 130 lbs. down $lO5 10.50; sows. $5,755 8 25. Cattle—Receipts. 1 000: strong to 25c, higher; common to good beef steers. $55 8.25: comparable heifers. $4.50 57: beef cows. $45 5.50; all cutters s.—oa 3 50' medium to good. *5.505 7. Calves— Receipts. 800; market. 50c higher: good to choice veaiers. _ $lO5 12.50: comparable calves. $759. Sheep-Receipts. 3.750 fat lambs, steady: choice mostly. $9,505.10. medium and good $7 59. CLEVELAND. Aug. 18.—Hogs—Receipts, i 2 500- holdovers, none: mostly 20® 30c I higher, spots 50c on pigs. 160-210 lbs., j sit .15 to mostly $11.20; 220-250 lbs.. $11: 250-300 lbs.. $10.60; pigs ouoted. $10,255 10 50- rough sows. $8 stags $6 steady. Cattle—Receipts. 1 300; very uneven arvind steady. *7 5 9.50: common to medium steers predominating; good to choice vearlings. $10511: common light offerings. $6.25 downward in limited numbers: common to good cows. $45 5.50: cutter grades. $2.50 5 3.50. Calves—Receipts. 1.100: mostly’ 50c lower: bulk good to choice veaiers. $135 13.50: common to medium. $9511. Sheep—Receipts. 3.200: steady: good to choice lambs upward to $9 75; top $10: plainer kinds. $8.50 downward. B/ United Press FT. WAYNE. Ind.. Aug. 18.-Hogs—Mar-lbs. $10.25: 150-170 lbs.. $10.50: 170-190 lbs., ket 25c higher: 90-130 lbs.. $9.85: 130-150 $10.75: 190-210 lbs . $10.65: 210-230 lbs.. $10.5$ 230-250 lbs.. $10.45: 250-270 lbs.. $10.35: 270-300 lbs.. $10.25; 300-350 lbs.. $10: roughs. 57.75; stags. $5. Calves —$11.50. Lambs—9. B" United Press * ' EAST ST. LOUIS. 111.. Aug. 13.—Hogs—- : Receipts. 9.000: market. 15 5 20c higher than Saturday; ton. $11: bulk. 160-230 lbs., $10.905 11: few 240-250 lbs . $10.755 10.85: nigs slow . 100-130 lbs.. $8,505 ? 75: pack- ! ing sows. 155 25c higher at $8.25 5 8.75. i Cattle —Receipts. 5.500: calves, receipts 1.800; market, bulls steady, low cutters 15 525 c higher: other slaughter classes mostly 25c highr: native steers. SBS 9.25: western steers. $5.8557: ton sausage bulls, ;$6 25: veaiers $1175. Sheep—Receipts. 1 1.500: market, lambs steady to 25c lower: early sales to packers. $8.255 8.75: a few to-butchers up to $9.25: sheep steady; fat ewes. $2.5053.50. Bu United Press CTNCINNATI. Aug. 18.—Hogs—Receipts. 7.750. including 2 250 direct: held over none- active steady to 25c higher, mostly 25c higher on weights 240 lbs. down: sows steadv: bulk better grade. 170-2 SO lbs.. sll 5 11.25: largely *11.25 on 240 lbs. down: 580-300 lbs . Quotable. $10.505 10.75: 120 to 150 lbs. $lO3 10.25: sows. $858.25. CattleReceipts. 1.700: calves. 375: active, steers, heifers and cows strong to 25c higher than Friday or 50 to 75c. and in spots *1 higher than last Monday: bulla weak to 25c lower: : top. $7: mostly $6.75 down: veaiers 50c lower than Friday; good and choice. $lO5 : 11: lower grades. $6 59 50 common and medium steers and heifers. $5.505 7.23: mostly $6 and up: more desirable lightweights. SBS 9: *jy fcj steers and heifers. *10510.25; bee; cows $55 6 25: hulk lowcutters and cutter cows. $3.255 4 25. Sheep • —Receipts. 50: lambs strong to 50: higheri supply light: sheep steady: good and i choice lambs. $919: mostly $9.505 10; me--1 dlum grade and bu.k lambs. s6®7; common throw-outs. $55 6: fat ewes, $2.50*&4; culls downward to SI.
Dow-Jones Summary
LONDON—Stocks of crude rubber in London on Aug. 16. totaled 80 2.4 tons an increase of 180 tons over preceding week. LONDON—New York Cables opened at 4.87 3-16. against f.87 5-32; Paris cheeks. 123.87: Amsterdam. 12.09; Italy. 92.985: Berlin, 20 39. Mohawk Carpet Mills Inc six months ended June 30. net loss 549 ■ .82 • after expenses and charges against net pront $1,400,774 in first six months of 1929 equal to $2 33 a share on 600.000 no-par shares. Bank of Germany statement as Aug 15. show gold 2.613.000 000 marks unchanged from Aug. 8. and circulation 4,229,100,00, against 4,398 300.000. Fifth Avenue Bus Securities Corporation, six months anded June 30. net profit $190,599 equal to 32 cents a share on 590.563 no-par shares sgainst 190.553 or 3. cents a share in first half of 1929. Iron ore shipments from Lake Erie docks to interior furnaces during first fifteen days of August totaled 1,915.217 against 2.525.095 tons in like 1923 period. California crude oil production in week ended Aug. 16 totaled 618.950 barrels daily, increase 4.700 from previous week, according to California Oil World. Clark Equipment Company declared regular quarterly dividend of 75 cents on common, payable Sept. 15. record Aug. 29. Intercontinental Rubber Company and subsidiaries six months net loss $91.-73 after depreciation, etc., against net loss of $57,720 in first half of 1929. Copper-Besscmer Corporation seven months earnings $1.41 a share on 211.160 common shares. Rollins Hosiery Mills for twenty-four weeks ended June 21 earned 13 cents a common share against $3.56 a share in like 1929 period. Vacuum Oil is’ acquiring White Star Refining Company, of Detroit, on basis of 92'- shares Vacuum for 100 shares of White Star. General Motors July domestic sales to consumers 80.147 cars and trucks, against 97.318 in June and 147.000 in July, 1929. For seven months 737,976 against 994,830. Japanese gold bars valued at $2,500,000 will arrive in San Francisco on Aug. 21, aboard liner H. Chichibu Maru to be melted by United States treasury. Anthracite mines of Hudson Coal Company at Wilkes Barrc reopen today. All collieries of Lehigh Valley Coal Company .resume this morning. Interstate Squlties Corporation earnings from date of incorporation July'29, 1929. to June 30. 1930. equal to 42 cents a share on 1.250,000 common shares. Liquidating value of common on June 30. $8.93 a share after applying a value of SSO a share on outstanding preferred. Vesta Batterv Corporation omits quarterly dividend of $1.75 on preferred due at this time. Perfect Circle ,in seven months ended July 31 earned $2.64 a share. Steel operations in Youngstown district remain unchanged this week at 56V; per cent. Five telephone properties in northern Illinois. lowa. Minnesota and Wisconsin have been acquired by Midwest States Utilities Company. Chicago & Northwestern in period Aug. 1 to 14 handled 71.522 revenue cars against 84.777 in like 1929 period and Illinois Central 73,593 against 91.314. Virginia-Carolina Chemical Corporation and subsidiaries earnings for year ended June 30. equal to $2.63 share on 213.392 shares of 6 per cent participating preferred on which unpaid dividends amount to 13 per cent against $3.05 a share on preferred in preceding fiscal year. Jewel Tea Company earnings in twentyeight weeks ended July 12, equal to $3.17 a common shave against $2.70 a share in like 1929 period. Mother Lode Coalition Mines six months profit $249,918 after crediting value of silver contents and deducting taxes, but before depreciation, and depletion against $276,529 in first half of 1929.
Retail Coal Prices
i Coke, nut size $ 8.75 Coke, egg size ?-25 Indiana forked lump 4.75®5 75 Indiana egg ... 4. /[email protected] Indiana mine run 4./05>5.00 West Virginia lump 6.7557 West Virginia egg 6.50@)7.50 Kentucky lump 7.00®825 Pocahontas shoveled lump 8.50 Pocahontas forked lump 9.50 Pocahontas mine tun .......... *.50 New River Smokeless shveld. Ip. 8.50 New River Smokeless fkd. Ip.. 9.50 New River Smokeless mine run 7.59 ‘nthraelte ■■ ■ 16-78 25c per ton discount for cash SNAKE HAS TWO HEADS Bloomington Men Find Freak and Will Give to Z. U. B'l United Prrss \ BLOOMINGTON, Ind., Aug. 18.— ; Bloomington claims the world s only j two-headed snake and one of the I biggest watermelons in Indiana I The snake was found after Rus- ! sell Smith and Elmer Edwards killed a mother snake and discovered fifty-eight small reptiles near it. One of the small snakes had two heads. It was preserved in gasoline. It will be given to the Indiana university biology department. A watermelon was shipped to the Hall Electric Company by Mrs. Kate Hall, Ft. Worth, Tex., and completely fills an ordinary wash tub. It weighs 95 pounds. Veteran's Estate Closed Bu Times Special ANDERSON. Ind., Aug. 18.—The Madison County Trust Company has filed a final report in the estate of Oliver D. Harrison, World war veteran, who died in January, 1929. A balance of $9,570.81 which remained after the payment of all claims against the estate has been paid to the descei|dent's mother, Mrs. Clara D. Harrison, the only heir. The estate of Mrs. Josephine E. Lawler was opened in Madison circuit court. It is valued at $5,300. Two sons, Jesse E. and Virgil L. Lawler, qualified at administrators. Water System Opposed j Bu Times Sneri'il KOUTS, Ind., Aug. 18.—The town board here is encountering strong opposition in its tiforts to establish a water system at a cost of $36,000, and the matter has been | subject of hearings before state tax board representatives. Citizens opj posing the system declare its estabi lishment would result in burdensome taxes.
Sparkling, and Spizzy If you had at your fingers' ends a collection of seventy-five different recipes fer concocting seventy-five kinds of delicious homemade non-alcoholic beverages, you would never be “put to” as to what to serve at that bridge party, afternoon tea. porch supper, Sunday even’”:? supper, or when one or two friends just “drop in” in the evening. Well, our Washington bureau has those seventyfive recipes covering all sorts of delicious and some quite unusual drinks, both cold - and hot. all compiled in one of its comprehensive bulletins. It will make a valuable addition to your collection of recipes. Fill out the coupon below and send for it. CLIP COUPON HERE Beverage Editor, Washington Bureau, The Indianapolis Times, 1322 New York Avenue, Washington, D. C.: I want a copy of the bulletin. Homemade Non-Alcoholic Beverages. and inclose herewith 5 cents in coin or postage stamps to cover return postage and handling costs. Name St. and No City State I am a reader of The Indianapolis Times. , 'Code No) A
HEAVY SELLING SENDS FUTURE OPTIONS DOWN Corn Weak on Rain Reports; Close Is Lower on All Grains. Bu United Press CHICAGO, Aug. 18—Short covering and commission house buying checked the decline in wheat on the Board of Trade today, but the market closed sharply lower. A slowexport demand, better weather in Europe, increasing pressure from Canada and Russian wheats and weakness in Winnipeg tumbled prices early and kept the undertone heavy throughout the session. Com broke sharply on the reports of heavy rains, but staged a good rally on buying by commission houses and bulls, though the market failed to fully recover. Oats were influenced by the action in the major pits. At the close wheat was 2% to 2 3 i cents lower. Corn was 2%>* to 3% cents lower and oats were 1% to TT4 cents lower. Provisions were steady on bellies, but 15 to 30 points lower on lards. Weakening further after the lower opening here, Liverpool closed Us cents to 2% cents down. There were no indications of a export demand over the week-end. Winnipeg was also rather weak early, partly due to the export dullness. Cash prices were 2 cents to 3 cents lower. Receipts were 125 cars. Highly beneficial rains over a major portion of the belt was reflected in heavy selling orders at the start and corn fell nearly 3 cents, with December leading the way. There was a rally of around 1 cent from the bottom, but further gains were hard to maintain during the morning. Commission houses were the chief buyers. Cash prices were 2 cents to 3 cents lbwer. Receipts were 358 cars. Oats declined with the other grains early, but losses were not as excessive as in the major pits. The market was comparatively quiet, due to the absence of any special news. Cash prices were 1 cent to 1% cents lower. Receipts were 183 cars. Chicago Grain Table —Aug. 18— WHEAT— Prev. Open. High. Low. Close close. Sept.. 88 .88% .87 .87% .89% Dec.. .93% .94 .91% .92 .94% Mar.. .98 .98% .96*'* .96% .99% Mav.. 1.01% 1.01% .99% .99% 1.02% CORN— Sept.. .95% .96% .95 .95 .97% Dec.. .89% .91% .89% .90 .92% Mar.. 92% .93% .91% .91% .94% Mav. . .95 .95% .94% .94% .97% OATSSept.. .99% .39% .38% .38% .39% Dec.. . *2% .42% .41% .41% .43’% Mar.. .45 .'*s .44 .44 45% Mav.. .45% .46% .45% .45% .47% Sept.. .57% .57% .55% .55% .59% Dec.. .63% .63% .60% .60% .64% Mar. . .67% .67% .65% .65% .637-a May-- .69% .69% .67', i .67 Vi .72 LARD— Sept. 10.80 10.80 10.67 10.67 10.80 Oct. 10.80 1080 10.67 10.70 10 85 Dec 10.70 10.75 10.40 10.40 10.70 Jan- 10.45 10.45 10.32 10.32 10 65 Feb 10.62 10.75 BELLIES— Sept. 13.97 13.97 Bp Times Bperinl CHICAGO. Aug. 18.—Carlots—Wheat, 69; corn, 228: oats, 152: rye, 2, and barley, 10. Bn T'v’trd Press * TOLEDO, 0.. Aug 13.—Grain close: Wheat—No. 2 red. 91@92c. Corn—No. 3 yellow, [email protected]. Oats—No. 2. white, 42@43c. Rye—No. 2. 73c. Barley—No. 2. 62c. Clover—Domestic cash. $14.75; prime choice. $15.05; Oct*, $15.50; Dec.. $15.50 Alskye—Cash. sl2; Oct,., $12.25; Dec., $12.50 Butter—Fancy, creamery. 42®43c. Eggs—Country run, 21@23c. Hay—Timothy, $1.25 cwt. Bu United Press . CHICAGO. Atie. 18.—Cash grain close: Wheat—No. 2 red. 87%c; No. 1 hard. 87%, @BB%c: No. 2 hard. 87%®88c: No. 4 hard. 85c. Corn—No. 2 mixed. 99c: No. 3 mixed. 98'ic: No. 6 mixed. 96% 3 497 c: No. 1 yellow, 99@99';c: No. 2 yellow. 99®„99%c: No. 3 yellow, 98'ic; No. 4 yellow, 98® 98%c: No. 5 yellow. 97',jc; No. 6 yellow. 96%@97e: No. 4 white. $1(81.00'%: sample grade. 92@95c. Oats—No. 2 white. 38’;® 39'ic: No. 3 white. 37%®38'/ 2 c; No. 4 white. 35® 37’/be. Rye—No. 1. 6!®63%c; No. 2. 60'ic. Bariev —57®65c. Timothy—ss.2s@s 50; clover—slo.7s® 18.25.
Road Bonds Proposed Bu Times KneriaU ANDERSON, Ind., Aug. 18.— Madison county commissioners have ordered notice given of determination to issue bonds to raise funds to pay for paving the south section of the Anderson-Elwood road. Taxpayers have thirty days in which to remonstrate. If there ' are no remonstrances the project will be advanced to the stage of soliciting bids. A petition for the pavirig of the north section of the road has been approved. The entire road will cost $300,000. CHUd Drowns in River ! Bu United Press BROWNSTOWN. Ind., Aug. 18.— i Thelma SmitlvJO, Brownstown, was drowned while wading in White river, near Stilwell's ferry north of here. The mother, Mrs. Elsie Smith, had taken her three children for a picnic. The daughter stepped into a hole and the current swept her into the stream. Budget Cut $15,000 Bu Times Special COLUMBUS, Ind., Aug. 13.—A decrease of 7 per cent, approximately $15,000 in the Bartholomew county budget for next year and a | tax rate cut of 4 cents is proposed j by Charles Talley, county auditor, | who will submit the figures for ap- | proval of the county council at its , regular meeting next month. Injuries Cause Death : Bu Times Special GOODLAND. Ind., Aug. 18. ; Mrs. Nettie McDowell, 56, Sidell, i 111., a native of Parke county, Indiana, is dead of injuries suffered in I an automobile accident east of here.
The City in Brief
TUESDAY EVENTS Rqtarr Club, luncheon. Claypool. Gyro Club, luncheon. Spink-Arms. Mercator Club, luncheon, Columbia Club. , , Marion county employes, picnic; Broa4 Architectural Club, luncheon, V. W. C. A. Purchasing Agents 1 Association, luncheon. Severln. American Chemical Society, luncheon. Chamber of Commerce. Universal Club, luncheon, Columbia Club. . , . t'niversitv of Michigan alumni, luncheon. I.incofn. North Side Exchange Clnb. luncheon. 3810 College avenue. Alliance Francalse. luncheon, SpinkArms. Indianapolis Republican Veterans, luncheon, Board of Tradr. Nature Study Club members aVtended a. com roast Sunday night on the farm of James E. Cook. Churchman avenue and Raymond street. A ten-day fair will be held at Walnut Gardens, starting Sept. 10. The Rev. A. E. Rassman. former Indianapolis resident, will speak on Indiana at the Kiwanis Club luncheon at the Claypool. Richard K. Zimmerly, artist, will return here today from New York to visit his parents, Mr. and Mrs. J. Earl Zimmerly, 3805 East Thirtyeighth street. Joseph Carney of .Anderson was renamed president of the Knightstown Lake Property Owners’ Association Sunday. Former residents of Orange and Crawford counties held their annual reunion in Brookside park Sunday. Members of the Askren family held their annual reunion Sunday in Ellcnbcrger park. WINDOW CLEANING GAVE MOST STUDENTS JOBS Total of 529 Men Worked During I. U. Summer Session. Bu Times Bnerinl BLOOMINGTON, Ind., Aug. 13. During the summer session of Indiana university 450 jobs giving employment to 529 1 men students were provided by the Y. M. C. Ai employment bureau of the university. Three hundred ninety of this number were odd jobs, while eighty-onc students were provided with regular work. Window cleaning was the most popular odd job, providing ninetytwo men with work. Lawn mowing, rug cleaning and general cleaning also were common. The greatest number of permanent jobs w-ere service for room or board. Barbers, salesman and stenographers, also were in demand. The employment agency was operated by Miss Beatrice Chitwood. This service has been given by the Y. M. C. A. for more than fifteen years. REPUBLICANS ORGANIZE First Hamilton County Meeting of Campaign at Noble*.vilie. Bu Times Boerinl NOBLESVILLE, Ind., Aug. 16. Republicans of Hamilton county held an organization meeting here, the first political gathering of the campaign State Senator Perry Johnson. Republican county chairman, presided. Speakers were Fred S. Purnell, representative in congress from the Ninth district; Judge McMahan of the Indiana appellate court; Roy Wisehart, state superintendent of public istruction; C. Y. Foster, a member of the state legislature; L. L, Shull. Sharpsville. Republican nominee for joint senator from Tipton, Hamilton and Boone counties, and E. E. Neal, Indiana internal revenue collector.
HIGHER TAX PROPOSED Levy at Hartford City May Be Raised to 80 Cents. Bu Times Special HARTFORD CITY. Ind. Aug. 18. —A tentative budget prepared by the city council proposes a, 13-cent increase in the city tax rate, which would bring it to 80 cents on each SIOO valuation, providing a budget of $51,377.43. It is proposed to use money derived from the increase to employ a motorcycle police officer, establish a garbage disposal system, and carry out street work on a larger scale. Chicken Thief Convicted Bu Times Sperial ANDERSON, Ind., Aug. 18.—Clifford Simpson pleaded not guilty to a charge of stealing chickens from W. A. Tate. Judge Charles E. Smith had a different idea after hearing the evidence, and Simpson was found guilty. He was fined $5 and costs and sentenced to sixty days in jail. His alleged companion on the hen house raid, George Hilligoss, entered a plea of not guilty and his case will be tried later. Race Driver Killed Bu United Prrss NEW HARMONY. Ind., Aug. 18.— Several thousand Posey county fair visitors here saw Tony Pouladish, amateur automobile race driver of Zeigler, 111- killed when the car he was driving overturned on a curve, i He suffered a broken neck and died en route to a hospital. It was the fifth race he had ever entered. Jimmy Dawson’s machine crashed into the overturned car, but he was unhurt. Hog Bites Boy Bu Times Special COLUMBUS. Ind., Aug. 18.— Donald Klipsch, 10 years old, son of Mrs. John Klipsch, east of here, was bitten on a leg by a hog at the county fair here. He has been vaccinated and is taking other precautionary treatment. The child is a member of a 4-H club and was in a pen with the animals during judging. The animal ran past him and nipped him. College Employs Orator Bu Times Special CRAWFORDSVILLE, Ind.. Aug 18.—Ray Ehrensperger, graduated from Wabash college here in 1929, has been chosen to head the department o# speech of Doane college, Crete, Neb. In his junior year at Wabash. Ehrensperger won the national oratorical championship. Robbery Loot Small B<■ t nit' >' p- - LOGANSPORT, Ind, Aug. 13. Three men and a woman who committed the fifth filling station robbery in Logansport during the last two years, got s2l from Henry Muckenfust, 21, ap each. ...
.’AUG. 18, 19S0
MIDWEST WILL GET TELEVISION New Chicago Daily News. Plan on Air Aug. 27. Bu Times Soei ial CHICAGO, Aug. 18.— Television definitely will take its place in the field of radio entertainment on Aug. 27, when W9XAP. new television broadcast nig station of the Chicago Daily News, formally goes on the air with a program designed to "fed the pulse" of television throughout the middle west. It will mark the beginning of regular television programs from this station. The inaugural broadcast will present a Libby, McNeill & Libby program picked up from the Daily News sound broadcasting station, WMAQ. The program will be broadcast from 8 to 8:30. central daylight saving time. In part, it will be a. complete explanation of television. Those participating will explain, step by step, what is taking place within the television laboratory for the benefit of those listening in through WMAQ. but not equipped with television sets. The audible portion of the program. going out over WMAQ on 670 kilocycles, can be received throughout that station's reception area the 1 same as any other program The television broadcast, on 2.800 kilocycles, can be received only in sections where the electric power linc.9 are synchronized with those in Chicago. This comprises an area bounded roughly by Minneapolis on the north, Des Moines on the west, Indianapolis on the south and Harrisburg, Pa., on the east. MISTREATMENT CHARGE Girl Accuses Stepfather of Makinj Her Captive in Hedgerow. E,u Times Sperml COLUMBUS, Ind., Aug. 18. Charged with mistreating 15-year-old Pearl Wheeler, his stepdaughter, •Walter Sullivan is a prisoner in the Batholomew county jail here in default of SI,OOO bond. The case was brought to attention of authorities by Mrs. Martha Allen, the girl’s grandmother. It is alleged that Sullivan forced the girl to remain hidden in a hedgerow four weeks, during which he brought her food and water. Then he obtained a room for her in a house here and visited her under the guise of a brother. STUDY OF TELLURIUM More Uses Sought for White Metal Produced at East Chicago. Bu Tunes Special EAST CHICAGO. Ind., Aug. 13 The federal bureau of mines is aiding private research workers in efforts to find new uses for tellurium, a white, brittle metal resembling antimony, of which the United States Lead Refining Company of East Chicago is among the largest producers. Small amounts of the metal are now used in radio crystal detector.- , in coloring glass, photography and as part of an anti-knock compound in gasoline. Young Man Kills Self Bu United Press TERRE HAUTE, Ind . Aug. 13. No motive has been found for the suicide of Paul Storms, 24, Evansville, who died in a hospital here after taking poison at a South First street residence. It is said Storms has a wife and small daughter in Evansville.
Legal Notices NOTICE OF SALE OF~ AUTO Notice 16 hereby given John J McElroy and the public generally that J will aeil at public auction at 811 North Botart avenue. Indlanapolla. Ind , a certain Maxwe/1 coupe, 1924, auvoniob/.e; engine number 503877, license number Sion, certificate ot tlttc numocr A-!/30j554, to pay certain storage and repair charges in the sum of $7a.00 due the .undersigned. Said sale is made in accordance witlr the law of the state of Indiana anthorizing same, and v ill be made at 1(J o'clock a. m. September 2d. 1930. Dated this 18th day of August, 1930. CARL HEATHCO _ NOTICE TO BIDDERS Bids will oe . received bv the Board of Trustees at their office at the central State hospital. Indianapolis. Indiana, until 9 a. m., Friday. Aug. 29. 1930. for the purchase of a turbo-generator set and foundation, for the Central State hospital. Indianapolis. Indiana. Drawings and specifications will be on file on and alter Wednesday. Aug 6, 1930. at the office of the said institution and Bevington-Williams. Inc.. Engineers, and release will be made to bidders on and after said date from the office of saia Engineers in Indianapolis. Proposals shall be made according to the form attached to the specification* and each shall be delivered in a sealed envelope addressed to the President of the Board of Trustees, marked "Proposal'’ and bearing the title of the work and name of the bidder. Each bidder shall properlv execute Form No. 96-A and shall file said form with his proposal. Each proposal must be accompanied b-< a certified check payable to the Board of Trustees in a sum eaual to 5 per cent (5%i of the amount of the proposal. ;n accordance with the conditions included in the proposal forqt. which check shall be forfeited In case of failure of anv bidder to enter into contract and furnish a satisfactory bond In amount eoual to the contract price within eight 181 days after notification of the acceptance of his proposal. The Board of Trustees is nok obligated to accept the lowest or anv other bid submitted and reserves the right to relect anv or all proposals, to waive informalities in anv proposal if it shall be. in the opinion of the Board, to the interest of the State of Indiana so to do. and to defer acceptance or rejection for a period not to exceed eight <8• day*. Bv order of the Board of Trustees. _ WILL SELL at public auction at. 9 a. in on Mondav Aue. 25. 1930 one Ford touring. 1925 model, motor No 12381921, for storage charges amounting to *35. iSignedl C. L ESKEW Death Notices CHAMBERS. MARY—Daughter ot Mr and Mrs. Smiley N. Chambers, passed away Sunday morning Aug 17. at the family residence. 1603 N. Talbott Ave. Funeral service at Crown Hill chapel Tuesda-. Aug. 19. 3 D. m. Interment Crown HIH. KLUBBMAN. MRS. LILIE E.-Wlfe of ~G~ C. Klussman and mother of Mrs. Lewii N. Poyser. passed away at the Method!• *. hospital Sunday. Aug 17. Funeral ser- - lees at the home of Mrs. Povser. 2053 Alabama street. 4 p. m , Tuesday. Aug. 19. Friends invited Burial in Columbia Cit.v. Ind.. Wednesday morning. Funeral Directors WM D BEAN BLOSSOM Mortuarv Phon- Be 1588 1321 W Rav 8L W. T. BLASpNGYM Main office 2220 Sbelb* St Drexel 2570 LAUCK FUNERAIT HOME 1458 S. Meridian St Dr. 2140. o WILSON tunerai oariora amoutancs service and modern automotive eoulpment Dr 0321 and Dr 0322 George Grinsteiner Funere' director 822 E Market. Rliev >374 UNDERTAKERS HISEY * TITUS 931 N Delaware U 8821. “A REAL HOME FOR SERVICE" RAGSDAIt * PRICE Ll 3808 1219 N Alabama Personals AT ONCE—S2,OOO: A-l clear raltr eoi-J lateral: east or north. Times Boa B-133.41
