Indianapolis Times, Volume 42, Number 89, Indianapolis, Marion County, 22 August 1930 — Page 15

AUG. 22, 1930.

STOCK TRADING DROPS TO LOW EBB FOR YEAR List Regains Upward Trend After Selling Lower Early in Day.

Average Stock Prices

Average es thirtv industrial* lor Thursday was 231 C" Ofl 111 Average of twentv rails wa* 127.77. off 1.14. Aver- • of f*ntv utilities was $2.65, off .76. Aersge of for*-' bonds was 96 67. up .03. New high for 1930. Bu r „irt4 rress NEW YORK. Aug. 22—Trading on the stock exchange today was about the dullest in several years. Prices sold off in the morning, several Issues touching new lows for the year or longer, but toward noon a better tone wak noted and leaders were rising above their lows of the day. The weak spots were spread In various setcions. Baltimore & Ohio dipped to anew low for the year at 96 ■*. off 2%. in the rails: Warner Brothers Pictures at 24%, off l'i in the amusement, and Anaconda at 44 '4, off 1% in the coppers. Utilities Firm Two groups were firm—the tobaccos and utilities. In the former. America Tobacco B rose 4 points to 256 and gains of a point each were scored by Lonllard, Ligget As Myers and United Stores A the latter helped by the recent decision of United Cigar Stores Company to raise the price of cigarets. American and Foreign Power led the utilities with a gain of I\% points to 71%. American Telephone was up nearly a point at 211?* around noon and fractional gains were registered in Consolidated Gas and United Corporation. Railroads Easier Radio-Keith-Orpheum continued to feature the amusements, holding around 34 %, up M fsom the previous close. Other amusements held in a narrow range. In connection with the weakness in Warner Brothers Pictures, it was learned that a stockholder with 300 shares had asked a receivership for the company on the grounds of mismanagement. Officials of Warner Brothers said the charges were unfounded. Following Baltimore & Ohio’s decline, other rails were easier. New York Central lost 2 points to 157 and Chesapeake & Ohio declined P. to 40%. CrII money held at. 2 per cent.

Banks and Exchange

INDIANAPOLIS STATEMENT Indin*p<sli. bank clearing* Pnda>\ Aug. 33, $3,807,000; debits. $5,793,000 CHICAGO STATEMENT Bv i:nitrd Prrse CHICAGO. Aug. 22. Bank clearings. $73 100,000; balances. $6,900 000. NEW YORK STATEMENT B'i United Press NEW YORK. Aug. 22 - Bank clearings cleartng house balanc* *146.000 000. federal reserve bank credit balance $122,000,000. TREASURY STATEMENT P ' r „ited /'re* WASHINGTON. Aug 22 —The treasury net balance on Aug. 20 was $112,208,270.27. Expenditures for the same day were $6.835 210 96 and customs receipts for the month to that date were $30,559,450.91.

Retail Coal Prices

Coke, nut size g g 75 Coke, egg sire 9.25 Indiana forked lump 4 7505 75 Indiana egg 4.7505.75 Indiana mine run 4 7505 00 West Virg.nla lump 6 7507 75 West Virginia ec- 6 5037 50 Kentucky lump 700&8 25 Pocahontas shove’ed lump 8.50 ••Pocahontas forked lump 9 50 Pocahontas mine run 7 50 New River Smokeless shveld. Ip. 8.50 New River Smokeless fkd. In.. 950 New River Smokeless mine run 7.50 Anthracite 18.75 25c per ton discount for cash.

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New York Stocks 1 ißv Thomson ft McKinnon >“

-Au,. 32Raiiraada— High. Low 11 30 cloac. Atehlaon 311% J’.O’a 210*. 210 AU Coast Line ... ... -12.. Balt ft Ohio.. 8* *% Cheat ft 0hi0... 4** 44'4 }* * CltJftF 95 93% Wfe ' OuTf Mob At Oil.. • • -- , .H,* iii Illinois Central .110 10%** 108 * Lou St . .. *•*]/ 30 N Y Central.. IS* 1 * 159 fflffifcrtY::::: ::: ™ “ft R&£?t7U*7* 71-71 H 71 S jjlVa c”:::::!s if i * i|j Ik % 13;. l\ :: ::: ;*• Onion Pacific 210 4 * 4 W Maryland 44 equipment*— .3 Ant Ctr ft Fdy. •• ••• ’inti 40’* Am Locomotive. 40 * l Am Steel Fd .. - . .3 J Am Air Brake S 41% 43 43 ■■ Oen Am Tank .. -- - 1 ag Oeneral Elec ... 6J% 3 63 ‘ Lima Loco 7 Press Stl Car. Westingh Ar B . . 4 j 44 Westingh Elec ..144% 142 144 14 Rubber* — 2 , Goodrich 22’. .22 3 22 . | * Kelly Sprgfld 2 0>* Motor* Auburn 'SI*. Chrvsler 37% 3< , 27H 20 Gardner ?,.* * Graham False .. .- • .?,* ’441 -• General Motor*. 44'* 44 . 44 * 4. * SSS? n .:: ::: *• Na°h ' \ .TV. ” 33 33’* Packard 13'* 13'* 13'< 13j Reo -• * 29H studebaker ,i. Yellow Truck .. 22‘t 22 * 22 * 22 * Bendix Bor* Warner .. •• • -a... Sr Briggs 21 20' r 2021 Eaton ii ‘ El Etora*e ■ Haves Body * * Sparks W 32 . 22 * Stewart Warner. .. ... 4 1,* Tlmkin Roll 66 1 Minin*— Am Metals i*,. ' Am Smelt - • •... JS * Anaconda Cop... 45’* 45 45 46 Cerro de Pasco.. 45 44 4 Dome Mine* Freeport Texas 41 .1 si Great Nor Ore si, Int Nickel 22 21S 21’ 21 Inspiration • • a 136* Kennecott Cop.. 34'* 34 34 34 u Ma*ma Cop 3 ”'* Miami Copper.. .. IJir. Nev Cons 14 • 14 1 >4 • Texas Gul Sul.. 57's ,s' S7' s 57-a Ame'rada .. ••• 25ki 25 Am Republic ... 3S 3 4 35'a Barnsdall . • 22k, 22;* Houston 7*’ <8 2 78 - 78 Ind Oil 21'a 2 Indian Rertn'.ng '*;? M*x°B?d3i>, i Mid Conti 23’4 23'.- 23'a ... Pan-Amer <B* .. -• 2! ; Philips 32>4 31% 31 j 432 Pr Oil ft Gas 24 34V, Pure Oil 20'/s 20 a Richfield , ... , Roval Dutch ... 47’. 47’ 4, 4B a Shell Un 14 l4k 14’ 15’* Simms Pt 2 ® * Sinclair' 22’. 22’. 22’. 21’* Skelly 28'a Stand of Cal *•’* ®’ * Stand of N J ... 70". 69’. .o>4 Stand of N Y Jo’- 30’, Texas Cos *i! 4 Union Oil 39'* 39':331:9 1 : 40 •. Steel,— Am Roll Mills .. 53:4 55 s * 55’ 4 55 Bethlehem eue Bvers AM 69 V* "g * Colo Fuel - •••,. 48 Ludltim 24 23': 23’: ... Newton 34 ... IAt S.. . - 33" 34 0 8 Steel - 167’a 166’, 186A, 167'/, Vanadium 88’, 86 & , 87’/, 88 Tobacco*— . Am Tobacco A. 246 < 24- 246'4 ... Am Tob 181....254',: -51 253 2j2 Coin Ciftars 37 General Cl*ar.. .. .... 43 43 Ll* * Mvcrs B 98’, 9'-- 98 4 97 2 Ixrrillard 231* 22’, 23, 23 Reynolds Tob 50’, 50'.: 50k 50W Tob Pr A 12 ... Tob Pr 3'* ... United 6 „ Utilities— Adams Exp 25’. 25’k Am For Pwr ... 71', 63': 70’, <0 , Am Pwr & Li fj'a AT&T 212’: 209 209’, 211 Col Gas &El ... 59': 58', 58', 59 Com & Sou .... 13': 13', 13 1 * 13].: El Pwr & L 1.... 67’, 67‘: 67’: 67'i. Gen Gas A Ii B’, Inti TANARUS& T 44’, 44’i 44’, 44’, Natl Pwr ft LI.. 45 44’, 44', 44’, No Amer CO ... 98', 97V* 98', 99Pac Gas & El 54", Pub Ser N J 91 81’, So Cal Edison 55 5o Std G& El 98 97’, 97’, 98k, United Coro 37 31’, 32 31V, Ut Pwr & L A... 32': 32 32 32’,, West Union 170 Sblppin*— Am Inti Corp .. 33'., 32’, 33's 33 United Fruit 86 86 uj. Armour A 5 Coca Cola 178’4 Cont Bakin* A 24 24 Corn Prod 90 90’s Com Wheat 31’, ... Cudahy Pk* 40 Cuban Am Su* 4*, 4': 4': ... Gen Foods ..... 54 T ANARUS 54’, 54% 55 1 , Grand Union 15’, Hersev ... 94’, 95 Kroser 24% 24 Nat Biscuit 81% 80% 81% 82 Plllsburv 32% 32', 32%. Safeway St 60*’ 60% Std Brands .... 19% 18’, 19 19% Drugs— Cotv Inc 17 16% 16% 17%

Lambert Cos .... .. ... ... 91% Industrial,— Am Radiator *3 2Jl* Certalnteed ... - . . ■ •% Oen Asphalt ... 40% 4040 40■ Otis Elev 68% 68% Indus Chems— • Allied Chem 254 257% Com Solv 24% 24% 24% 24', Union Carb 75% 74 75% 74% U S Ind Alco 63% ... Retail Store— Assoc Dry Gds 33 Kres*r S S 29 May D Store 42% 42% Mont Ward .... 32% 32% 32% 32', Penny JC 52 Schulte Ret St 6% 8% Sear Roe 62% 62 62 *l% Woolworth 59% Amusements— Bruns Balke ... ... 16% Col Oraoh 13% 13% 13% 13% Eastman Kod 210 207% Fox Film A 43% 42% 42% 42% Grl*sbv Gru . 14 13% Loews Inc 73% 72 72 72% Param Pam 59% 53% 59 59 Radio Corp 40% 39% 39% 40 R-K-O 34% 34 34% 33% Schubert 18% 18% 18% 17% Warner Bros .... 24% 24% 24% 28 Miscellaneous — Airwav App .... ■.. ... 17Va ... City Ice & Fu 40 Am Can 126% 125% 125% 126% Cont Can ... 54% Curtiss Wr 7% 7 7 Gillette SR.. 69 66% 67 6.% Real Silk 39% 39 39% 39

Investment Trusts

(By James T. Hantill & Co.l —Au*. 21— —Close.— Bid. Ask. Basic Industry Shares 7’, 8% Corporate Trust Shares 7% 8 Diversified Trust Shares A 22% 23 Diversified Trust Shares B .. 19 19’, Diversified Trust Shares C.. 7% 8% Nationwide Securities 8% 9% Fixed Trust Shares A ... . 19 ... Investment Trust of New York 9% 10 Leaders of Industry 10% ll'.a North American Trust Shares 7% 8 S'andard Oil Trust Shares... 9% 9% S W Strauss Inv Units <5 50 Selected Amer Shares. ... 6 ,% Trustee Standard Oil Sh 8.. 9% 9% U S Elec. & Pow Shares A.. 36% 38% U S Elec Pow Shares B .... 97a 10%

Produce Markets

Es*s (Coun ry Run—Loss off delivered In Indianapolis. 17c: benerv auallty No. 1. 23c: No. 2. 13c • „ ... Poultry (Buying Prtcset— Hens, welehln* 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®loc: ducks, full feather, fat whites. 9c: geese. 6c. These prices are for No. 1 too auallty. ouated by Ktngan & Cos. „ Butter (wholesale)—No. 1. 41542 c: No. J 37<5.38c. Cheese at 7whoiesale selling price per pound'—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c; Longhorns. 34c: New York Limberger. 36c. B’l United Press NEW YORK. Aug 22.—Flour—Quiet and firm: spring patents. $5.10'55 40. Pork — Stcadv Mess—s3l.so. Lard—Firm. Middle West Spot— sll.4Sn-11.55. Tallow—Steady: special to extra. s’, iS'ic. Potatoes—Weak and lower; Long Island. $1^,3.10; southern. $1.50. Sweet Potatoes—Weak; Southern baskets. S2f</2.25; Southern barrels. s2*l6 50. Dressed Poultry turkeys. 221/450; chickens, 221138 c; lopls. Isii3bc: ducks. ducks. Long island. IoH 18c. Live Poultry—Firmer; geese, 10'<il3c; ducks. 13f</22c; fowls. 15Si 26c: turkevs. 201x25c: roosters. 15@16c: broilers. 187'30c. Cheese—Firm; state whole milk, fancy to special, 24*i26c; Young America, 19525 c. Bu United Press CHICAGO. Aug. 22.—Eggs—Market, steady; receipts. 7.331 cases; extra firsts, 27c; firsts. 26c; current receipts. 22® 23c; ordinaries. 75'/ 21c: seconds. 12(8> 19c. But-ter-Market. firm: receipts. 10.543 tubs; extras. 33%c: extra firsts. 37(5.37%c: firsts. 3561/ 36c! seconds. 3S@34c: standards. 38%C. Foultry—Market, steady; recemts. 2 cars: fowls, gen run. 590%c; fowls. 20@ 22c: springers. 24c; Leghorns. 15c; ducks. 15® 20c; geese. 14c; turkeys. 18c: roosters. 15c; broilers. 22c. Cheese—Twins. 181/i 18%c: voung Americas. tatoes—On track. 181; arrwals, 97: shipments. 923: market barely steady: sacked Irish Cobblers. Wisconsin. $1.75® 1.85; Nebraska. $1,701/ 1.80: Missouri. $1.65® 1.80; Minesota sacked early Ohios, $1.55# 1.65; Idaho sacked Russets, $2.40. Bu United Press CINCINNATI. Aug. 22.—Butter—Steady; creamery in tub lots, according to score, 361/ 39c: common score discounted. 2i/3c; packing stock. No. 1. 28c: No. 2. 22c: No. 3. 15c; butterfat. 38'g 40c. Eggs—Steady; cases included: Extra firsts. 30c; firsts. 26c: seconds. 21c: nearbv ungraded. 26c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over, 20c; 4 lbs. and over. 17c; 3 lbs. and over. 15c: Leghorns. 3 lbs. and over. 13c; roosters. 13c; colored fryers over 3 lbs.. 27c; broilers, colored, over 2 lbs.. 22c: broilers, over 1 1 2 lbs.. 21c: 1% lbs. and over. 19c: Leghorns and Orpington broilers, over 1% lbs.. 21c: 1% lbs. and over. 19c: broilers, partly feathered, 15©18c: black springers. 18c. Bu United Press CLEVELAND. Aug. 22.—Butter—Extras. 42%c: extra firsts. 42%c. Eggs—Extras. 31c: firsts. 24c; ordinaries. 19c. PoultryFowls. 22c: medium, 20c; Leghorn. 14*/ 17c: heavy boilers. 251/30c; Leghorn broilers. 20i122c: ducks. 101/ 20c; old cocks, 14® 16c: geese. 20c. Potatoes—No quotes. Sues to Recover U. S. Tax Alleging overassessment in income tax for 1921 and 1922. the Studebaker Corporation of South Bend has filed suit in federal court to recover $47,427 for the internal revenue bureau.

THE INDIANAPOLIS TIMES

WEAKER TREND FELT IN LOCAL SWINEMARKET Cattle and Calves Show No Changes; Sheep Hold Steady Tone. Aug Bulk. Top. Receipts. 15 $10.40® 10.65 $10.75 5.500 16 10.501i10.75 10.85 2.500 18! 10,75# 11.00 11.10 3.000 19. 11.10ei1.40 11.40 4.500 20. 11.55011.85 11.90 4.500 21. 11.60011.85 11.85 5.500 22. 11.40® 11.65 11.65 4.500 Evidence of selling at the recent advance made its appearance in hogs at the city stockyards this morning, prices declining 20 to 25 cents. Pigs were off 50 to 75 cents. The bulk, 160 to 250 pounds, sold for $11.40 to $11.65. Top price $11.65. Receipts were estimated at 4,500, holdovers were 486. Cattle were steady, receipts numbering 650. Calves showed no change in prices, vealers selling at $12.50 down. Calf receipts were 650. Sheep were steady and strong, good and choice lambs selling at $lO to sl. Receipts were 2,000. Chicago hog receipts were 19,000, including 4,000 direct. Holdovers were 5,000. The market was slow with most early bids and a few sales 15 to 25 cents under Thursday's average. Paying upward to $11.50 to $11.65 for j good and choice 160 to 210 pound weights; $11.65 refused for 180 to 200 pound weights. Little done on anything else. Cattle receipts were 2,500, sheep 11,000. HOGS Receipt*. 4,500; market, lower. —Light Lights—-(l4o-160> Good and choice $10.75011.00 —Lightweights—-(l6O-1801 Go odand choice ... 11.50011.65 (160-200) Good and choice [email protected] —Medium Weights—-(2oo-220! Good and choice }} Js® 11.85 (220-500) Good and choice... [email protected] —Heavy Weights— . (250-350) Good and choice.... 11.00|.1.20 1290-3501 Good and choice.... [email protected] —Packing Bows— ...... (275-500) Medium and good .. B.oo@ 9.50 —Slaughter Pigs—-(loo-130) Good and choice 9.75# 10.25 CATTLE (Slaughter Class) Receipts, 650: market, steady. —Steers — (600-1.100) Good and choice $ Common and medium 6.00@ 9.50 (1,100-1.500) Good and choice §§9^U-S Medium 7 - 25 ® 9 00 —Heifers — (550-850) Good and choice 2 22? 1 o t 2 Common and medium 6.00@ 9 50 Good and choice 6-50@ 7.75 Common and medium g-OOw e.sn Low cutters and cutters 3.00® 5.00 —Bulls (Yearlings excluded) Good and choice beef S'EIII Cutter, common and medium.. 3.75@ 5.25 CALVES AND VEALERS Receipts. 650; paarket. steady. Good and choice 1 2 , 22?12'22 Medium 9.000 12.00 Cull and common [email protected] —Calves-(2so-300) Good and choice 2'22S^ Common and medium 5.00@ 7.25 STOCKER AND FEEDER STEERS (500-600) . „ Good and choice 5.50@ 7.25 Common and medium 4.00@ 5.50 (800-1.050) Good and choice 5'92S l il? Common and medium 4.50@ a.30 SHEEP AND LAMBS Receipts, 2.000; market, steady. Good and choice 91 2-?22}i‘22 Common and medium [email protected] —Ewes— Medium and choice ?-50@ 4.00 Cull and common I.oo® 2.50

Other Livestock Bv United Press CHICAGO. Aug. 22.— Hogs—Receipts. 19,000, including 5,000 direct; early trade mostly on lighter weights, unevenly. 100 25c lower; later sales and bids showing more decline; heavy butchers, packing sows and pigs, slow at full decline: top. $11.75; light lights. 140-160 lbs., good and choice. $10.25011.50; light weight. 160-200 lbs., good and choice, [email protected]; medium weights. 200-250 lbs., good and choice. $11.15011.65; heavy weights 350350 lbs., good and choice. $10011.25; packing sows. 275-500 lbs., medium and good, $8.2509.25; slaughter pigs. 100-130 lbs., good and choice, $9010.35. Cattle—Receipts. 2.500; calves, 1,000; best steers and vearlings. active at week’s sharp and uneven advance; with heavies at biggest gain; she stock, bulls and vealers firm; selected vealers, $13.50; best weighty breeds, $11: slaughter cattle and vealers: steers, 600-900 lbs., good and choice, $10®) 11.75; 900-1100 lbs., good and choice, $9.75011.50: 1100-1300 lbs., good and choice, $10011.50; 1300-1500 lbs., good and choice, $10011.50 : 600-1300 lbs., common and medium, $6.50010; heifers, 550-850 lbs., good and choice. $9.75011,50; common and medium. $5.50010; cows, good and choice, $5.7508; common and medium, $4.750 5.75; low cutter and cutter, $3,750 5; bulls, yearlings excluded, good and choice, beef. s6@7: cutter to medium, $4.7507; vealers. milk fed. good and choice, $12013.50; medium. $10012; cull and common, $7.500 10; stocker and feeder cattle: steers. 500-1050 lbs., good and choice. $6.75 0 8.50: common and medium, $5.2507. Sheep—Receipts. 11,000: lambs, steady to strong, strictly choice. 10c higher: sheep, around 25c higher; bulk desirable natives, $10010.50: lew. $10.60 0 10.75 to shippers; rangers. $10.50 0 10.60; native bucks, mostly $909.50; fat ewes, mostly $3.50 0 4.50; slaughter sheep and lambs: lambs. 90 lbs. down, good and choice, $9.75010.85; medium. $8.250 9.75; all weights, common, $5.75 08.25: ewes, 90-150 lbs., medium to choice, $2.75 0 4.50; all weights, cull and common, $1.7503.25; feeding lambs, 50-75 lbs., good and choice, $6.750 7.75. Bu United Press EAST ST- LOUIS. H!.. Aug. 22.—Hogs— Receipts. 9.000; market: slow; generally 25035 c lower than Thursday's best time; early top. $11.85 for one load; $11.75 paid sparingly for choice kind;, bulk, 160-230 lbs.. $11.55011.70: some 300 lb. averages, $10.50; 130-160 lbs.. $10.25011.60: Packing sows. $8.7*0 9.35. Cattle—Receipts, 800. Calves—Receipts. 800: market, generally steady: one load native steers, $8.90; two cars of Kansas Grassers. $.60; cows. $4.25 05.25; low cutters. $303.50: ton sausage bulls. $6.50: vealers $12.75. heep—Receipts, 1,000; market: fairly active on lambs at_steadv prices; bulk fat kinds to packers. $9.50 09.75: top. 10; throwouts, $4.50; most fat ewes. $304. Bn United Press PITTSBURGH. Aug. 22.—Hogs—Receipts. 500; market, slow; mostly 25c lower; 160220 lbs.. $12(1*12.25: 230-280 lbs., $11.50 0.12: 100-140 Ajs.. $11011.50: sows. $8.75 down. Cattle—Receipts, 10; market, steady; medium grade cows. s4® 5. Calves I —Receipts. 50; market, steady to 50c higher; top vealers. sl3; bulk good to choice. $11012.50. Sheep—Receipts. 800: fat lambs, steadv: good to choice. $9.50 010.50: medium lambs down to $7.00. Bv United Press FT. WAYNE. Ind., Aug. 22.—Hogs— Market, 20® 50c lower: 90-130 lbs.. $10.25; 130-150 lbs.. $10.50: 150-170 lbs.. $11; .170190 lbs.. $11.35: 190-210 lbs., $11.25: YlO- - lbs.. $11.15: 230-250 lbs, *11; 250-270 lbs.. *10.85; 270-300 lbs.. $10.75: 300-350 lbs., $1(150; roughs. $8.25; stags, $6.50; calves. sl2: lambs. $909.50. Bv Times Bnecial LOUISVILLE. Kv.. Aug. 22.—Hogs—Receipts. 1.200: market. 35c lower: 250 lbs. up. $10.85: 165-250 lbs.. *11.50: 130-165 lbs.. $10.35; 130 lbs. down. $8.55; roughs, $8.05; tags. *7.45. -Catle—Receipts. 300: market, steadv: prime heavy steers. s7.so®' 9: heavy shipping steers. $6®7.50: medium and plain steers. *505.50; fat heifers. $4.50 09; good to choice cows. $4.250 5.50: medium to good cows, $3.7504.25: cutters, $3.2503.75: canners. $203: bulls. S4O 6; feeders. *5.5006.50: Stockers. $405.25. Calves—Reielpts. 300: market, steady; choice. *9010.50: medium to good. $6,500 a.50: common to medium. *506. Sheep— Receipts. 400: market, steady: ewes and wether lambs. *9: buck lambs. *8: seconds. $4 0 4.50; clipped lambs, $2.50 0 3.50. Thursday's shipments: Cattle. 106; calves, 374: hogs. 245; sheep. 152. Bv T'nited Press CINCINNATI. Aug. 22.—Hogs—Receipts. 7,0*0: including 2.650 direct; heldover, 70: moderately active, mostlv 50c lower: bulk better grade. 170-260 lbs.. $11.50011.85; mostlv. 811.85 on 240 lbs. down: some 275lb. weights downward to *11.25: 130-150 lbs.. *10.7*: most sows. $8.50: few. *8.75. Cattle—Receipts. 700: calves. 275: active, generally steadv to strong; or 50c to 75c higher for the week on most killing classes, bulls excepted: common and medium stEers and heifers, largely *6.5007: few more desirable kinds. *8.500 10.35: most cows. (5.600 6.25: low cutters and cutters. *3.50 0 4.7*: bulls, largely $5.50® *6.80: vealers, steadv: bulk good ana choice. (12013: common and medium. *7 ®ll. Sheep—Receipts. 1.300: generally steadv: good and choice lambs, mostlv *10010.50: medium and buck lambs. (70 7.50: common throwouts. $5.5006.50; fat ewes. $2.5004. X Bv Tnittd Press EAST BUFFALO. Aug 22 Hogs—Receipts. 1,110: holdovers, 100; active to all interests: bulk, 160-220 lbs, 15®25c lower *12.25: other weights, generally steady; 340-290 lbs.. *11.75012; 140 lbs. down, *11.50011.75: packing sows, *8.75 0 9 25. Cattle—Receipts. 125: active: fully steady: medium heifers. *7.60; cutter cows. *2.500 4 25; calves, receipts. 400: vealers, slow: steady to weak: good to choice. *1350 down. Bhcep— Receipts. 1.700: lambs, draggy: barely steady: good to choice na--1 tives. (11; medium, *9.750,10; throw outs, mostly 12.

Dow-Jones Summary

London—New York cables opened a*. 4.87 3-32 unchanged. Paris. 123.83. Brustels. 12.092: Italy. 92.985; Berlin. 20,392. Ward Baking Corporation declared regular quarterly dividend of $1.75 in preferred payable Oet. 1, record Sept. 17. Operators of South Oklahoma City OH Pool agree to reduce Production to 5 per cent of capacity although under corpora tion commission ruling aUowabie produc tion ia 25 per cent. Operators have only been producing 8 1-3 per cent of capacity. American Gas and Electric subsidiaries output for week ended Aug. 16 was 72.381.217 KWH decrease of 4 per cent from like period 1929. Central bank of Chile rediscount rate to 7 Der cent from 6 per cent. Minneapolis. St. Paul and S. S. Marie Railway excluding Wiswnsln deficit after taxes and charges *163 973 aaainst surplus $193,846 In July. Seven months deficit $1,689,310 against surtlus^of 1 $194,736. Wisconsin central July deficit after taxes and charges $56 491 against surplus of $273,284 in July. i-. Seen months deficit $1,439,657 against deficit of $119,016 in first seven months 1929. Cities Service July surplus after preferred dividends 53,3i8.673 available for common dividends and reserves against $2,235,335 in July. 1929. Twelve months $41,451,774 against $25,159,785. Regular monthly dividends declared. Macmarr Storer. Inc - .i , - , l d .,l u sfl2i ar d* s six months net income $620.5.6 after depreciation. taxes, etc., equal to 43 cents a common share. Bulova Watch Company second quarter net income $193 671 after taxes and charges eaual to 54 cents a common share. Agreement reached of acquisition of New York. Rio & Buenos Aires Lines by Aviation Corporation of the Americas through exchange of stock on basis s * shares for one of Aviation Corporation. Stockholders of both companies to vote on proposal at special meetings shortly. C M. Hall Lamp Company declared a quarterly dividend of 15 cents on common. Hertofore 37% cents had been paid quarterly. Utility & Industrial Corporation in twelve months ended June 30. 1930, earned $1.19 a share on 1.000.919 common shares. In year ended March 31. 1930. $1.31 a share was earned on the common. Government Sherman Anti-Trust law suit against eleven motion picture distributing companies dismissed in Los Angeles federal court following compromise agreement. Income tax receipts in July totaled $29.699 917 a decrease of $“.036.82. from July. 1929. Domestic Cigarette production in July 11.859.395.542 an increase of 1,134.138.751 over July, 1929. Cigara. 562.990.133 a decrease of 57,646,933. Manufactured tobacco 38.018.058 pounds a. decrease of 1.806,041 pounds. Manufactured snuff increased 75,834 pounds to 2.945,789 pounds. Pure Oil Company reduced Midland Michigan Crude 011 15 cents a barrel to $1.30. I. C. C. authorises Western Pacific Railway Company to issue $5,000,000 first mortgage bonds to be sold to highest bidder at not less than 97%. Proceeds to reimburse treasury for capital expenditures made. Sacramento Northern Railway authorized bv I. C. C. to issue a promissory note for not exceeding $1,589,120 to be delivered to Western Pacific Railway in payment on a like amount of advances. Container Corporation declared regular quarterly dividends of 30 cents on class A and $1.75 on preferred payable Oct. 1, record Sept. 11. Famous Player Canadian Corporation declared regular quarterly dividend of 50 cents on common payable Sept. 27, record Sept. 12. McKesson & Robbins common stock placed on $l annual basis against previously paid. Six months net profit $1 £37,715 after interest taxes and all charges against $1,962,933 in first half 1929,

Net Changes

Bu United Press . NEW YORK, Aug. 21.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follow: Up. Off. American Can 126% ... % American Telephone ...211 ... ' Bethlehem ,59f s A Consolidated Gas ..... 105% ... - General Electric 69 ... IV* Oeneral Motors 44% ... J* International Telephone 44% /a Loew's Inc 72% 2% ... North American 99% ... v* Pennsylvania 71% ... % Radio Corp., unchanged 40 ... , Radio-Keith 33% l'/a ... Standard Oil N. J 70% ... , % Union Carbide 74% % United Corp.. unchanged 31% ... United States Steel ....167% ... % Vanadium 88 ... 2% Westinghouse Electric. 144% ... ve

Indianapolis Stocks

—Aug. 22 Bid. Ask. Amer Central Life Ins 50..1,000 Belt R R & Yds Cos com 54 61 Belt R R & S Yds Cos pfd.... 56 61 Bobbbs-Merrill Cos 29 Vs 33J/2 •Central Ind Power Cos pfd.. 88V2 93'/a Circle Theater Cos com 106 Citizens Gas 27 ... •Citizens Gas pfd 96 100 •Commonwealth L Cos pfd 79i.. 98 103 Commonwealth L Cos pf 87.. 99 ••• Hook Drug Cos com news 23 25'/i Ind Hotel Cos Claypool c0m,.120 ... Indiana Hotel Cos pref 100 104 •Indiana Service Corp pref.. 84'/* ... Indianapolis Gas Cos com 57 60 vs Indpls North Western ..... Indpls Power & Lt pfd 104 105'/* Indpls Pub Wey Loan As com 52 Indpls St Ry Cos pfd 10 11 Indpls Water ’Co pfd ...101 103 Northern Ind Pub 6% co pfd.. 99’/2 102 Northern Ind Pub 7% co pfd...lo7ya 110 Interstate Pub Serv 7% lOIV2 104 Interstate Pub Serv 6 % 89 93 •Metro Loan Cos .... 99 ... Northern Ind P SViVo co pfd.. 92 97 Progress laundry Cos c0m.... 44 47 E. Rauh & Sons Fer Cos pfd.. 47 Real Silk Hosiery M Inc pfd.. 90 Shareholders Investors C 0.... 23 Standard Oil of Ind 49 3 , ... T H I &■ E pfd 9 11 •Terre Haute Trac L Cos pfd... 78 , ... Union Title Cos c0mm0n...... 40 46 Van Camn Prod Cos Ist pfd.... .. 96 Van Camp Prod Cos 2nd pfd.. .. 98 •Ex. DiV. BONDS Belt R R & Stock Cos ss, ?1 Broad Ripple 41 ... Central Indiana Gas Cos 55... 99|/2 ... Central Ind Power Cos 6s 98Vi ... Citizens Gas Cos 5s 101 Citizens Street Railroad bs 42 43 Home I & T of Ft. Wayne 6s. 102 Ind Ry & Light Cos 5s 95 Indiana Service Corpn 5s Indpls Power & Light Cos 55.. 100 Indpls Col & Trac Cos 6s 90 ... Indianapolis Gas Cos 5s 99Vi 102 Indips <fc Mart Rapid T Cos os 9 ... Indpls Northwestern Cos TV* ■■■ Indpls Street Ry 4s 29 30 Indpls Trac Ter Cos 5s 82|'z 84 Indpls Union Ry 6s IOOV'* ... Indpls Water Cos sVis 103’/a 104 Vi Indpls Water Cos 5s .....99 Indpls Water Cos lie <fc ref.... 99 ... Indpls Water 4, is 94 96 Indpls Water W Sec Cos 55.... 87 ... Interstate Pub Serv Cos 4Vis .. 91*6 ... Interstate Pub Ser Cos 5s 98 Interstate Pub Serv 6Vis 103 No Ind Pub Serv Cos 5s 101® ... No Ind Telephone Cos 6s 98Vi 100 T H Ind & East Trac Cos 55.. 70 T H Trac Light Cos 5s 85 •Flat. _____ Marriage Licenses C. H. Williams. 28. of 831 Eastern, clerk, and Elizabeth Mcllvaln, 28. of 701 North Bosart. saleslady. . . Earl Ratliff. 47. of 110 West Sixteenth, mechanic, and Florence Ratliff, 42, of 136 West Twentv-flrst. ... Earl H. Vansickle. 33. R. R. 11. Box 254 farmer, and Rose A. Rucker. 29, of 427 North Dearborn, teacher. - . Kenneth A. Sparks 28. of 23f6 Park, dentist, and Marv L. Woltrlng, 25. of 1330 North Dearborn, teacher. Clarence Dawson. 22. Mooresville. farmer. and Geraldine Carter. 18. of Bridgeport. Melvin Hinden. 26. Detroit., mechanic, and Dorothy D. B. O’Leary. 20. of 8 Iris, cashier. .. , ... _ . . William L. Barr. 42. of 806 Poca. barber, and Svlvester M. Mclver. 36. of 806 Paca. Richard Wltham. 22. Huntertown. farmer. and Doris P. Shriver. 19. of 5151 Schofl<Mrv Mvers. 25. Hamilton. 0.. manager, and Lillian La Rue Hale. 23, of 2315 Central. CURTIS TO TAKE STUMP Vice-President to Open Senatorial Campaign for Davis. Bv United Press WASHINGTON, Aug. 22.—VicePresident Curtis will deliver an address Saturday night in Sharon. Paopening the senatorial campaign of Secretary of Labor Davis in the latter’s home town, it was announced today.

CORN MOVES IN NARROW RANGE DORINGSESSION Fear of Farm Board Action Important Factor in Wheat Mart. Bu United Press CHICAGO, Aug. 22.—1 t was a quiet session on the Board of Trade today wtih grains holding in a narrow range. Prices on wheat were easy, with the market having a fairly heavy undertone, but com and oats were firm. Short covering and a good class of commission house and local buying near the close brought a reaction from the inside figures, wheat and com being unevenly steady, and oats sharply higher. Fear of farm board action and weakness at Winnipeg and Liverpool were the causes of the disappointing action in wheat. Cash Prices Steady At the close wheat was % cent lower to % cent higher, corn was Vs cent lower to % cent higher and oats were 1 to 114 cents higher. Provisions were strong. Liverpol, after holding firm most of the drop, broke sharply to close % to 1 cent lower. The Canadian pool has not yet arrived at an understanding with the banks on financing the crop, and there is talk there of forming a farm board, which, if it were created, would assume the position of marketer of the crop, succeeding the pool. Cash prices were unchanged to Vi cent higher. Receipts were 62 cars. Oats Hold Firm Com started very firm but had sunk under the previous close by mid-session, losing ground slowly and in the minor fractions. Profittaking was the chief factor early, coupled with the weakness in wheat. September continues to act tight, the cash position being further strengthened by the report that about a half million bushels were being loaded out of Chicago elevators to move east by the lakes. This would further deplete the already scant supplies here. Cash prices were unchanged. Receipts were 213 cars. Oats were rather steady with price ranges of little significance owing to the dullness of the trade. Cash prices were % to % cent higher. Receipts were 75 cars.

Chicago Grain Table —Aug. 22 whfat- Prev. High. Low. 11.00 close. September .. .88% .88 .88 , .88 December .. .93% .92% -92ji -93:, March ...... .97% .96% .97% -9/'/2 May 1.00% .99% 1.00 1.00% September .. .98% .98 .98 .98% December ... .92% .92'.* .92.* .92.* March 94% .94 .94 .94 * May .96% .96 .96 .96 September .. .40% .40'b .40% .40% December .. .43% .43% .43.43 a March 45% .45% .45% .45% May 47 .46% .46% .46% September .. .57% .57% .57% .57% December ... .63% .62% -63 .63 March .68% .674* .67 3 4 .61/4 Sept^iber.. 10.95 10.92 10.92 10.97 December’ V." 10.8i 10.77 10.77 10.80 CHICAGO? C Aug. 22.—Carlots: Wheat, 43: corn. 215; oats. 72: rye, 2. and barley. B Toledo/ r o*f Aug. 22.—Grai.n close: Wheat—No. 2 red, 93'£/ 94c. Corn—No. 2 yellow. $1.0701.08. Oats—No. 2 white. 42®45%c. Rye—No. 2. 78c. Barley— No. 2. 62c. Clover—Domestic cash, $14350, prime choice, $14.80: October $15.50: December. $15.50: March, sl6. Alsike—Cash, Is 2: October. $12.25: December. sl2-50. Butter— Fancy creamery. 42-//43c. Eggs— Country run, 21®23c. Hay—Timothy. $1.25 cwt. 8 CHICAGO? Aug. 22.—Cash grain close: Wheat—No. 2 red. 89%c: No. l hard. 88/* ®B9%c; No. 2 hard. 88%@88%c. CornNo. 2 mixed. sl® 1.00%: No. 3 mixed. 99%c; No 1 yellow, 99%c®:51.00%; No, 2 yellow, 99%C051.00%: No. _3 yellow. 99%c®51.00 A: No. 4 yellow, 99099%c; No. 5 yellow, 9914 - No. 6 yellow. 98c: No. 2 white. $1.03%® 1-03%: sample krade white 94® 05c Oats —No. 2 white, 40%041%c. No. 3 white 38%®40%c: No. 4 white. 37038 c Rve—No 1. 66Vic: No. 2. 64c. Barley—4B ®66c. Timothy—ss.2sos.so. Clover—sl2.7s @20.25.

Other Livestock B CLEVELAND? * Aug. 22.— Hogs—Receipts. 1.000: holdovers, none; steady to 10 c lower; mostly 10c down on representative weights; spots. 25c off on pigs: bulk 160210 lbs. $12.25: top. $12.30: 229-250 lbs., $11.90; 250-300 lbs.. $11.50; bulk pigs. *ll. Cattle-Receipts. 200: strong: at *eeks advance; common steers, $7®8.10, 1160-1200-lb. weights. $7.3508; low cutter and cutter cows, around calves, sm asrtjrsas? sss-ussfssnsai’iss; “ffi ffissss under; sheep, firm. B TOLEDO/*O** Aug. 22.— Hogs—Receipts, 350- market, steady to 15c lower; heavies, $10010.50: mediums. *10010.25; yorkers, $10.500 10.75: pigs. *10.500 10.75. Cattle— Receipts. 75; market, active; calves, receipts, light; market, steady. Sheep—Receipts. light: market, steady. Births Girls Inman and Irene Graham. 615 Grande Everett and Vivian Compton, 222 North Nl Albert and Muriel Browning. 246 North ° Chl?les and Allegra Barnes. 2346 Adams. Noble and Fannie Jennings, 2171 Olney. Randall and Charline Inman. 4953 West E Kenneth and Helen Allee. Coleman hosC *Wiiliam and Margaret Mason, Coleman h °Hu*h'and Minnie Froderman. Coleman ho Ern*st and Virginia Bohn. Coleman hosDl James and Pearl Bullen. Coleman hos--01 Albert and Irene Le Vine, Coleman hospital. _ Boys Clifford and Lois Tolen, 504 Holly. Joseph and Jacklin Girrencione. 224 East Chester and Helen Nixon, 929 East Ohio. Virgil and Elsie Pringle. 1916 Dexter. John and Nellie Cole. Coleman hospital. Kenneth and Emilie Davis. Coleman hosPl John and Frances Easterday, Coleman h °Orv ta and Ruth Fox. Coleman hospital. Harry and JMlne Francis, Coleman hosPl Joseph and Mabel McKinley. Coleman Everett and Ida Parker. Coleman hosPi Maurice and Kathleen Pickier. Coleman h °S?dney and Nellie Powell, eoleman hosEeon and Betty Rosch. Coleman hospital. Joseph and Bertha Schindwolf, Colem Clarence and Helen Yelton, Coleman h vPtlbur and Helena Franklin. 2015 West W Merritt°and Zella Wright. 39 South Warman. ______ Deaths Mattie Fletcher. 33. 1444 West Ohio, pulmonary tuberculosis. . .... Andrew Hines. 11 city hospital, cerebrospinal meningitis. _ , John Gunsaul. 27. 1414 St. Peter, pu.montrv tuberculosis. , _ .. William Shanahan, 77. Central Indiana h °EHzabtrK?uiVr. 63. 902 South Dela*Ludl C e ar MlU™r a - 16. city hospital, post Pa imogen e ? l Sm T lth; 3 mo.. 1122 Bates, persistent thymus. *

Local Wagon Wheat

Citv grain elevators are paving 79c lor No. 1 red wheat and 76c lor No. 1 hard wheat. Many Aliens Register £, LONI>ON ( **Aug. '.s.—The Aliens’ registratlbn offic-j of the London police has received between 500 and 600 foreigners daily during a record breaking year. t

The City in Brief

SATURDAY EVENTS Bata Theta Pi luncheon. Beard of Trade. Sigma Alpha Epsilon luncheon. Chamber of Commerce. Ernest Cohn of the Homer McKee Company, spoke on “Radio Advertising. An Analysis of Its Uses and Development,” Thursday at the Indianapolis Advertising Club at the Columbia Club. Twelve delegates representing Indiana schools will attend the ninth biennial convention of the International Federation of Catholic Alumnae, Saturday to Wednesday, at Emmitsburg, Md. Herbert E.. Wilson.. Democratic candidate for prosecutor, is in Chicago today attending the American Bar Association convention. County Republican candidates for representative in the legislature will meet at 7:30 tonight at the Claypool. Claude McElwaine, with a score of 87, won first low gross in the Indianapolis Real Estate Board golf tournament Thursday at the Speedway golf course. A1 Quigley was second and Emerson W. Chaille. third. Edward B. Rieman of the Meridian Flower Shop has left for San Francisco to attend the convention of the Florists’ Telegraph Association, Sept. 1 to 5. I. Sidney Stein, Indiana law school graduate, has joined the law firm of Ross, Sullivan & Knight, 901-05 State Life building. POLAND TO BE WARNED Official Protest to Be Sent; Planes May Be Fired On. Bu United Press BERLIN, Aug. 22.—The recently renewed flight of Polish airplanes over German territory will bring an official protest to Poland from the German government and may result in the Germans shooting at the trespassing planes, it was learned reliably today.

New York Bank Stocks

—Aug. 21— Bid. Ask. America 89 90 Bank of United States .. 38% 39% Bankers 137% 138% Brooklyn Trust 693 700 Central Hanover 322 324 Chase National 138 139 Chatham Phoenix Natl.... 107 109 Chemical 62% 63% City National 130 130% Corn Exchange 154% 156% Commercial 385 392 Continental 26 27 Empire 79 81 First National 4,825 4,875 Guaranty 614 617 Manhattan & Cos 105% 106% Chelsea 29 33

Cities Service Securities HENRY L. DOHERTY & CO. R. S. NORDYKE, Mgr., Local Office 705 Fletcher Savings & Trust Bldg. Phone Lincoln 7566-7567

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Cnrb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501

MfiTirf CHAM® THE I \ J 1 I V Pj ALLIED coal A AND material COMPANY, WE WANT TO LIQUIDATE AND DISPOSE OF THE FOLLOWING IMMEDIATELY: Business Property and Switch Sites We will consider propositions for the leasing or purchase of the following locations: Twenty-first St. and Northwestern Ave. Madison Ave. and Ray St. Garage on the east side of Delaware at Ray St. W. Washington St. and Belt R. R. Rural and Roosevelt Delaware and Morris Sts. 1100 Block Kentucky Ave. Forty-ninth and Monon R. R. Seventeenth to Nineteenth St. on Cornell Ave. We have made arrangements with realtors and reliable agents to show this property to you, or, if you wish you may call E. G. Kemper, Hemlock 2666, who will arrange for someone to show it to you. Also see paint and painters’ supplies at 14 W. Ohio St. Building material and equipment at 2112 Northwestern Ave. We want best cash offer to clean up. Your reasonable cash offer for the above will have careful consideration. For further information call on or address O. A t Miller or E. G. Kemper, in care of Johnson-Maas Company, 1012 E. 21st St. Phone TAlbot 7000 or HEmlock 2666.

-Attention, FarmersWhat About Next Year? Is your hay crop short? Pasture dry? New seeding doing poorly? The answers to these questions affect your income next year. What are you going to do about it? Many farmers are going to be independent of the hay crop—because they have good concrete silos, well filled with succulent forage. These farmers know that a concrete siio soon pays for itself. Silage fed stock produces the lowest cost milk and beef. You, also, can be independent of dry pastures and short hay crops, by putting in concrete silos—now! Save Your Corn Crop W ? e can take orders and erect soon, a limited number of farm silos for this year’s filling. The Neff & Fry Silo Cos. Phone 193 and 188, Camden, Ohio

PAGE 15

FIVE PLANES TO ESCORT BYRD IN FLIGHTTO CITY Army Squadron Ordered to Accompany Explorer to Exchange Se.siion. An escort of five army planes, probably from Chanu'e field. Rantoul. 111., has been order ju by MajorGeneral Frank Parker. Sixth corp* area commander, to accompany Rear-Admiral Richard E. Byrd and other noted fliers here from Chicago. Additional famous aviators to appear with Rear-Admiral Richard E. Byrd at the National Exchange Club convention s “Famous Fliers'* night will be W. E. Ar .hur, wellknown west coast airman, and Captain John A. MacF.eady, San Francisco, first flier to complete a nonstop transcontinental flight. Scout officials, Scouts and parents will welcome Paul A. Siple, Se* Scout member of the Dyrd south pole expedition, when he arrives from Erie, Pa., at 2 Sunday afternoon. Bands and an honor guard will escort the Siple motor caravan from Washington and East streeta to the Claypool. A letter regretting that he can not attend the reception for Admiral Byrd was received from former Postmaster-General Harry S. New Thursday. New was named by Mayor Reginald Sullivan as a member of the reception committee, Building Permits Beveridge Paper Company, buildint. Washington and White river. $3,000. Standard Oil Company, filling station, 2101 West Morris. $2,000. Hoosier Coal Company, garage. 1304 East Thirtieth. $2,600. .... Harry Unintz. garage, 1215 Wright. $250. Hartman-Thomas. remodel. 660 Thirtyeighth. $475. Scherrer Hardware Company, storeroom. 2019 West Morris. $2,500. MONEY to LOAN on MORTGAGES STATE LIFE Insurance Cos. 1235 State Life Bldg.