Indianapolis Times, Volume 42, Number 91, Indianapolis, Marion County, 25 August 1930 — Page 10

PAGE 10

UNEVENNESS IS A FEATURE OF STOCK TRADING Fair Gains Made in Early Deals by Industrials: Oils Lower.

Average Stock Prices

Average of thlrtv Industrials for Saturday w*< 234.42. up 1.70. Average of twenty ■rails was 127.62. up .15. Average of twenty utilities was 84.46. up .39. Average ol forty bonds was 96.87. up .14 New 1930 high. Htt I nili and Press NEW YORK, Aug. 25.—Industrial shares and some of the railroad stocks mkde fair gains in the first two hours of trading on the Stock Exchange today, but oils and some special issues reacted, causing irregularity. . Trading turned quiet again after a fairly active opening that brought out a few large blocks of stock. United States Steel firmed up to above 169, and around noon it was holding near that level against a previous close of 168 1 1 . Gains ranging tg ?. point weer noted in suh issues as Westinghouse Eleetric, General Electric and American Can. A few Issues made gains ranging to four points, including Eastman Kodak and A. M. Byers in the industrials and New York Central in the rails. Vanadium Weak Vanadium dipped more than 3 points from its high on an analysis pointing out that the second half would not compare favorably with last year. July, it was said, was one of the poorest months ever experienced by the company, operations being “in the red.” Before the decline in Vanadium, the market had been holding well, but when this issue began to slip off, selling broke out in other sections reducing early gains. *' The whole oil list was lower; Sinclair equaled its low for the year at So, off 1?8, where support was forthcoming. Traders sold this stock on the theory the dividend would be revised downward due to poor earnings of the company. Houston lost a point, Standard of New Jersey, more than a point, and Atlantic Refining nearly a point, while others were down fractionally.

Aviation Shares Up American and Foreign Power was a favorite in the utilities, running up nearly 2 points to 73'), while others of the group held steady to firm. Standard Gas and Consolidated Gas eased slightly. United Aircraft and Bendix were the features in the aviation shares; Warner Brothers was again weak in the amusements; Gillette lost after an early gain; Montgomery Ward was firmer in the mercantile division; Diamond Match and General Refractories lost in the specialties; Celotex rose more than a point in the building material shares; J. I. Case led farm implement stocks and Foster Wheeler was the feature of the oil equipments. Liggett & Meyers B continued Arm in the tobaccos. Call money renewed at 2 per c*nt and was in supply with concessions to Vi per cent in th§ outside market.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis hank rlearlngs Monday. Auk. 25, $2,891,000: debits. $5,184,000. CHICAGO STATEMENT P. v 1 n it nt Press CHICAGO. Auk. 25.—Bark clearinßs. 461,600.00; balances 53.700.000. NEW YORK STATEMENT Bn UnitedJ'rrss NEW YORK. Aup. 25.—Bank clearino*. 5420.000.000: clearinß house balance 5108.007,000; federal reserve bank credit balance, $89,000,000. TREASURY STATEMENT tin Unitrd Press WASHINGTON. Auc. 25.—-The treasury net balance on Auc. 22. was $11,850,334.88; expenditures• for the same dnv were. 56.442.449.41; customs receipts for the month to that date were $23,519,018.24.

Local Wagon Wheat

Citv araJn elevators are pavinß 81c for No. 1 red wheat and 78c for No. 1 hard •wheat.

James T. Hamill & Company Frliate Wire* to All Leading Market* lodlaaapolt* MEMBER? f Mrago Stock Exchange Chicago Board of Trade 1 1 HU nopoll a Board of Trade Associated New York Cnrb 2C3 Continental Bank Bldg Tel. Riley S49S— Riley 5494

xinTirr t e INU 1 ILL RIAL COMPANY, \YE WANT TO LIQUIDATE AND DISPOSE OF THE FOLLOWING IMMEDIATELY:

BUILDING MATERIALS At 21st St. and Northwestern Ave. Yard Consisting of numerous items, such as: One Carload Metal Lath' Textone Metal Sash Cis*rn Rings 200,000 Briek Package Receivers Mortar Color (all colors) Fire Brick Plaster Roofing Paint Roofing Asphalt Concrete Hardener Channel Iron Wire Reinforcing Face Brick Basement Columns Cement Blocks Corner Beads and Angles Sewer Pipe Coal Chutes Flue Linings and many other buiiding material items too numerous to mention. If interested in any of these items, phone TAlbot 7000 and ask for Ernest Horne. Harry Ent or Fred Bakemeyer.

Also see paint and painters supplies at 14 West Ohio St.

We want best cash offer to clean up. Y’our reasonable cash offer for the*above will have careful consideration. For further information call on or address O. A. Miller or E. G. Kemper, in care of John-son-Maas Company, 1012 E. 21st St. Phone TA lbot 7000 or HE mlock 2666.

New York Stocks

" ' "■ (Bv Thornton & McKinnon) —— —Auk. 25Railroad*— .. , Prev. HiKh. Low. 11:30 close. 1 Atchison 215% 215 215% 213% Balt & Ohio. 97' V 971 a 96% Chesa <sc 0hi0... 46% ... 46% 46% Chi N West 70 70 Erie 38% 37% 38 Erie Ist pfd 56 Oulf Mob & Oil 27 i Illinois Central UOb 110% Kan City So 64 2 Lou & Nash - - - - 1191a N Y Central ... .162'. 162 162% 159% N Y N H & H . 104% 104 104‘a ... Norfolk k West „ 222 Pennsylvania 72% 71 • il% 72% Reading 108% 108% So Pacific ... ... 115% Southern Ry 79 2 78% 79 <7% St Paul 13% 13' 13’ 13'* ,St Paul pfd ... 20 20'a : St L & S F ... 31 Union Pacific . 215'a ... j W Maryland 23’? 22% 23 22' 2 F.auipmf ots— Am Locomotive . 42 Gen Am Tanlf.. 85% Ba=* 80% 85% General Elec... 71% 711s 71% 71 Gen Rv Sißnal JV.i . ... Pullman 68 68 4 Westlnah Air B. 38 37% 38 37:4 Westingh Elcc .. . Rubbers— F.restone 21 ■ Goodrich ?3-% 23'a 23%- 2214 Goodyear tO% 69 59 60% Kelly Springfld.. ... ... 3: 3 4 Lee Rubber U S Rubber 20- s 2Q 4 Motors— Auburn .112 110% 11?, 1.1®,, Chrysler 28 s 25’s 2a e -84 Gardner 2 t Graham Paige, ... • *- General Motors. 45% 44 ■ 4 +0 Hudson 21 21 HUPP 13 * Nash . •■ • , •• ■ Packard 13 s 13% 13'.* 13-h Reo ••• 9% 9:* Studcbaker .... 2814 28,18 28% 281s Yellow Truck... 23*2 22% 22% 23% Bendix Aviation. 31 30% 31 31 Briggs 21' 21 21 21 Hav#? Body 6*2 Houcia ■ 9% ® 4 Sparks W 22 21*4 22 21 4 Stewart Warner 24' 24',4 Mining— Am Metals ... 30 30 Am Smelt 66% 66% 66% 06't Anaconda Cop.. 4514 45'- 45',- 45*2 Cal & Hecla 13’ 4 Cal & Arlz 54'4 Dome Mines 7 4 7 £ a 4 '* Freeport Texas.. 42'2 42 % 42 % 42 * : Granby Corp 22*4 ... ; Great Nor Ore.. .. .. ... =>o% lilt Nickel 23'8 21-4 23 23 : Kenecott Cop.. 34‘4 34's 34*2 34 .Magma Cop ... lo s Miami Copper 15 ... Nev Cons 13% 13% 13% 13% .Texas Gul Sul 57*2 01'a ; u S Smelt 301* ... Oils — Amerada ... ..... 241* Am Republic 24% 24'* 241* ... ■ Atl Renning 34V* 34! 341a 3 o Barnsdall 22% 21% 22 J2 '2 Beacon - • 14 ... .Houston 811* 791* 80';s 80 a jnd Oil 211a 211* 211* 211a Indian Refining.. 11'* 111* 111* 11 I Lago Oil , ..... 28'2 Mcx Seaboard.. 22- 221* 22% 22 Mid Conti 231- 231a 23% 23% Pan-Amer ißi 56 5614 Phillips 311a 30 a 3l 32 ■ Pr Oil & Gas ... 34 i Pure Oil 201a 20 20 20 Richfield ... ... •* Royal Dutch 47', 46% 46% 48 Shell Un 14 : *4 14'- 141- 15 Simms Ft 19% 19 19 ... Sinclair 21'* 20% 201a -l'a | Shelly 28’2 28 28 28 Standard of Cal 61-a 61 611a 61 Standard of N J ‘O% ‘9, 4 Standard of NY .. 311* 31 * Texas Cos 51a ’* Steels— Am Roll Mills.. 57 55'* 56 55% Bethlehem 82'* 81'* 82 811* Bvers A M 71% 71 % 71'* 691* Colo Fuel .. ... 481* .... Ludlura 23'* 23 2 Midland 33 32 Renub I & S ... 34 33'* U S Steel 169 168% 168:s 368 4 Vanadium 91'* 89% 90 89% Youngst S As W .. ... ... 35% Tobaccos— Am Tobacco fAI 248 .... Am Tob iß' 25614 207% Lie & Myers 8.101% 100 101 99• a Lorillard 23% Phil Morris ... U? Reynolds Tobbb. 52% 511* 52% a2l* Sid Com Tob 6 United Cig 6'2 Utilities — Abitibi 21'Adaras Exp 26 25% Am For Pwr .... 71 S 70 % 71 7 s 71V* Am Pwr & Li.. S3’*- 83 83's 82 A TAT 3131* 2U a 4 31t 3 /4 211 7 a Col Gas A- El ... 61 60*2 60 7 a 60% Com As Sou ..... 14 13% 14 131* Gen Gas A 8% El Pwr * Li. 69'i OS 3 * 69*2 691* Tntl TANARUS& T 45'* 44 7 a 44 7 s 44% Natl Pwr A Li.. 45% 45'* 45% 45‘, No Amer Cos ..101 7 8 1001* 101 7 * 99 3 ,* Pac Gas A El. 54’* 541s 54' s 54 Pub Scr N J 93 92 U Std G At El 102 7 n United Corp .... 32=, 32's 321* 331* Ut Pwr ALA. 336., 33 33=4 321:, West Union 168 7 * 168 168 7 a ... Shipping— Am Inti Corn.. 33'a 33'2 33'a 33'a Am Ship A Com 2 United Fruit 86* ... Foods— Armour A 5 5 Cal Pkg 62=4 Can Drv ... ... 64 Coca Cola ... ... 177'7 Corn Prod 911a 90’a 90'2 SO 3 * Cudahv Pkg .. ... 40 5 a Cuban Am Sug 4* a 41Gen Foods 56'* o.S J t 561* 55 Hersey ... ... 97'•Tewel Tea . * .. . 49'2 Kroger 261 b 26 26'i 25 7 8 Nat Biscuit 83 3 a 82 82 7 * 82 Std Brands 19'* 19 19 191 b Druts — Cotv Inc 16=a 16'* 16 3 a 16 5 a ! Lambert Cos 92 Industrials— Am Radiator 25'h 25' 25'a 25'b ! Bush Terms 35 Otis Elev 70 69'2 Indus Chems— Allied Chem ...263 262'2 2621i 262'i Com Solv 25' 2 251* 25 3 * 25 7 * Union Carb 77 3 8 76' 2 77 s * 76 3 * U S Ind Alco 64 Retail Stores—'Assoc Dry Gds.. .. ... .. 33 i Gimbel Bros ... ... 10'h ; Kresge S S 29 's 29 May D Store 41-* : Mont Ward 331 a 32** 33 32'i ; Schulte Ret St 7 3 * i Sears Roe 64? h 63 7 * 641 b 63 Woolworth 61*. 60 = 4 61 60' 2 Amusements— I Col Graph 14 ; Eastman Kod . .215'- 1214 215'- 211 3 4 I Fox Film <Ai 45 44 3 a 45 43 3 , ! Grigsby Grun ... 14 14'a 14'4 13=, 1 Loews Inc 75 73’* 75 74'2 | Param Fam 59 58=* 59 58=s I Radio Corp 41 7 * 41'- 41'a 41 i R-K-O 34 = 8 34'., 34'- 34' I Schubert ... ... 18'2 I Warner Bros 25's 24 = 4 25's 25 3 4 ] Miscellaneous— Congoleum . 11 *4 I Anj Can 130= s 129=. 130'. 129 i Colit Can 56 7 s 56'- 56 7 s ... Curtiss Wr . 7'* ! Gillette SR 73 IT's 72'* TO 3 * Real Silk 39 "s 39 39 Hughes Heads Carnegie Steel !iII l ,tiled I'l ISK PITTSBURGH. Aug. 25.—The : resignation of William G. Clyde as president of Carnegie Steel Corporation and the appointment of J. Lamont Hughes of New York as his successor was announced here today.

PORKERS OPEN WEEK'S SALES SLIGHTLY OFF Cattle Hold Firm Trend as Vealers Drop; Sheep Irregular. Aug. Bulk. Top. Receipts. 18. 510.75w11.00 311.10 3.000 19. 11.104i41.40 11 40 4.000 20. 11.554/ 11.85 11.90 4.500 21 11.60 U 11.85 11.85 5.500 22 11 40 hi 1.65 11.65 4.500 23 11.30 u 11.50 11.50 2.0,10 25. 11.20011.40 11 50 4,500 Hogs showed a somewhat weaker trend at the opening of the week’s trade at the union stockyards today. The market held steady to 10 cents off; light lights and pigs, steady to 25 cents down. The bulk, 160-250 pounds, sold for SI 1.20 to $11.40, top price paid $11.50. Receipts were estimated at 4,500, holdovers, 419. Cattle were steady to strong, receipts numbering 400. Vealers were 50 cents under Friday's prices, selling at sl2 down. Sheep were unevenly steady to 15 cents lower, the bulk of fat lambs making a market at $lO to $10.50. Top price paid was $10.75. Receipts were 1,200. Chicago hog receipts were 40,000, including 12,000 direct. Holdovers were 2,000. The market was slow. Lighter weights were around steady with Saturday's average. A few early sales of good and choice 170 to 200-pound weights were $11.15 to $11.25; practically nothing done on packing sows or weighty butchers. Cattle receipts were 14,000; sheep. 35.000. HOGS , Receipts, 4..700: market, lower. —Light Lights—-(l4o-160) Good and choice.. .$10.50010.7a —Light Weights—-(l6o-1801 Good and choice.... 11.40011.50 (160-2001 Good and choice .... [email protected] —Medium Weights—-(2oo-220) Good and choice ... 11.30® 11.50 (220-5001 Good and choice... [email protected] —Heavy Weights—-(2so-3501 Good and choice.... 10.904/11.00 1290-3501 Good and choice. .. [email protected] —Packing Sows — (275-5001 Medium and good.. 8.006/ 9.50 —Slaughter Pigs—-(loo-130i Good and choice 9.75® 10.25 CATTLE (Slaughter Class) Receipts, 450: market, steady. —Steers—-(6oo-1.1001 Good and choice $ [email protected] Common and medium 6.00@ 9.50 <l.lOO-1,500‘ Good and choice [email protected] Medium 7.25@ 9.00 —Heifers—--1550-850) Good and choice [email protected] Common and medium 6.00@ S.nO Good and choice 6.50® 7.75 Common and medium 5.00® 6.50 Low cutters and cutters 3.00@ 5.00 —Bulls (Yearlings excluded! Good and choice beef 5.25<S 7.25 Cutter, common and medium.. 3.75@ 5.?a CALVES AND VEALERS Receipts. 400; market, lower. Good and choice [email protected] Medium [email protected] Cull and common 6.00@ 8.50 —Calves (250-300) Good and choice 7.504/10.00 Common and medium 5.00® 7.30 STOCKER AND FEEDER STEERS (500-600) Good and chioce 5.50® 7.25 Comomn and medium 4.00® 5.a0 i3OO-1.050i Good and choice 5.50@ 7.25 Common and medium 4.50@ 5.50 SHEEP AND LAMBS Receipts. 1,'JOO; market, steady. , Good and choice $10,004/10.75 Common and medium 0.d06/10.C0 —Ewes— _ . _ Medium and choice 2.50® 4.00 Cull and common 1.00 2.00 Other Livestock Bv United rrsss CHICAGO. Aug. 25.—Hogs—Receipts, 40.000. including 11.000 direct; lighter weights, barely active, fully steady; weighty butchers and packing sows, 2a6z; 25c lower: early top, 511.25; bulk desirable. 170-210-lb. weights, $11.10011.25; light lights. 140-160 lbs., good and choice, 510.154/11.15; light weights. 160-200 lbs.. good and choice. sll4/11.25; medium weights. 2004/250 lbs., good and choice, .410.65® 11.20; heavy weights. 250-350 lbs., good and choice. s9.6a(fz 10.90; packing sows, 275-500 lbs., medium to good. $7,754/ 9.10; slaughter pigs. 100-130 lbs., good and choice, $8,754/ 10. Cattle—Receipts, 14,000: calves. 2,000; most killing classes. 256/'soc higher! 8 top. 412 paid for yearlings; best heavies. S11.90: runaway trade on practically all killing classes; most grain fed steers. $9,504/ 11.50; grasse.s and short feds. $6.50®9; slaughter cattle and vealers: steers 600-900 lbs., good and choice. 410.504/ 12.25; 900-1100 lbs., good and choice, 410.254/ 12; 1100-1300 lbs., good and choice. 410.504/ 12: 1300-1500 lbs., good and choice, $10,500:12; 600-1300 lbs., common and medium. $6,756/ 10.50; heifers, 550-850 lbs., good and choice. $10.25® 12; common and medium. $64/ 10.25: cows, good and choice. $6@;8.25: common and medium, $54/6; .low' cutter and cutter. 53.754/5: bulls, yearlings excluded, good and choice, beef, 464/ 7.25: cutter to medium. 44.756/7: vealers. milk fed. good and choice. 5124/ 13.50: medium. $lO4/12: cull and common. 57.504/ 10; stocker and feeders cattle: steers. 500-1050 lbs., good and choice. $74/8.50; common and medium. $5.7507. Sheep—Receipts, 35.000; market, generally 254/ 50c lower: fat lambs off most; bulk desirable natives. $9,756/10; few, $10.25 with some held higher; rangers. unsold: fat ewes, $3.50®4.25: strictly choice feeders, $7.75: slaughter sheep and lambs: lambs. 90 lbs. down, good and choice. 59.254/ 10.50: medium. 57.754/9.25; all weights, common. 55.504f7.75; ewes, 90150 lbs., medium tod choice. $2,506/4.25; all weights, cull and common. $1,506/3: feeding lambs, 50-75 lbs., good and choice. [email protected]. Bv Timm Sore in I LOUISVILLE. Aug. 25.—Hogs—Receipt". 1.400; market, steady; 150 lbs. up. 410.75: 165-250 lbs., $11.40; 130-165 lbs.. 510.25: 130 lbs. down. $8.45: roughs. $7.95: stags. $7.35. Cattle—Receipts. 1,000; market, active and strong: prime heavy steers. $8.500 10; heavy snipping steers. s7® 8.50; medium and plain steers, $5,506/7; fat heifers. 45.50® 10; good to choice cows. 54.506/ 6.25: medium to good cows. $3.75it 4.50; cutters. [email protected]: canners, $2®3.25; bulls. s4@6; feeders. $5.50® 7: stackers, 546/.6. Calves—Receipts. 2,200: market. 50c lower: choice. $8,506/ 10; medium to good, 464/ 8; common to medium, $4.50® 5.50. Sheep—Receipts. 900: market, steady: ewe and wether lambs. 49: buck lambs. $8: seconds. $4.50®5; clipped lambs. $2.50 4/3.50: Saturday and Sunday shipments, cattle, 33; calves. 864: hogs, 99; sheep, 453. Bv United Press CINCINNATI. 0.. Aug. 25.—Hogs—Receipts. 2,900. including 900 direct, held* over 230; hog market slow to steady; bulk better grade. 175-230 lbs.. $11.75: some 250 lbs. downward to $11.50; few lots of 250-300 lbs.. [email protected]: 130 to 150 lbs., mostly $10.75: some 120-130 lbs.. $10.50; sows strong. $8.50 to mostly $8.75. Cattle —Receipts. 1,650: calves. 550: active, generally strong to 25c higher; spots up more on steers and heifers, many of these fully $1 higher than a week ago- bulls steady at $7 down; vealers $1 lowe: than Friday; good and choice. $10.50012; mostly sll® 12; lower grades $66/ 10: common and medium steers and heifers largely $6.50 4/8.25: more desirable kinds. $8.50@ 10: small lots upward to $11: mos: cows $5.50 4/6.50: bulk low cutters and cutters $3.75 @4.75. Sheep—Receipts. 500: strong to 50c higher: sheep steady: good and choice lambs. $lO4/11: mostly slo.aO. medium and buck lambs. S7@B: with comnnn throwouts S6 </ 7: fat ewes, $2.50® 4; c ills downward to sl. Bv United Press PITTSBURGH. Aug. 25.—Hogs—Receipts. 2.250: market, slow and steady: mostly 10c higher; 160-220 lbs.. $11,754/ 12: 230-280 lbs.. $11.25011.65: desirable pigs. $11; sows. $8.25® 8.50. Cattler-Recefpts. 850; market, mostly 254/75c higher; bulls, steady: beef steers. $64/8: grass beef cows. $54/6; slaughter bulls. ss® 7: calves, receipts. 1.000: market, strong. SI higher; top vealers. sl4: bulk oetter grades. $124/13.50. Sheep—Receipts. 4.000: market, fat lambs steady: 25c higher; choice lambs, $10.25® 10.75; medium to good. SB4/10. Bv United Peru EAST BUFFALO. N Y.. Aug. 25 logs— Receipts. 6.000: holdovers. 500: weights above 150 lbs., active to all interests, generally 25c lower: bulk. 160-200 lbs., $11.75; 230-270 lbs.. $11.25® 11.75: packing sows. $8 354/9: pigs, slow: bulk unsold, indications sll down Cattle—Receipts. 1.700: all grades, steers and heifers. 50® 75c higher: good yearlings, $7.254/7.75: fewoutstanding individuals. sl2: near choice. 1100-lb. steers. $11.75: fleshv grassers and short feds. $8.75® 10: common grass steers and heifers. $7.25® 8.50: fat cows, $64/7; cutter grades. 52.754/4.50: calves, receipts. 700: vealers. unchanged. $13.50 down. Sheep—Receipts. 5.700; fat lambs, scarce: strong to 2Se, higher: quality and lenient sorts considered, good lo choice natives. *11: medium and mixed offerings. $8.25® 8.75; throw cuts, S7; fat ewes, s4@4 25. Bu United Press TOLEDO. Aug. 25.—Hogs—Receipts. 400: market 15® 25c lower; heavies. $lO4/ 10.50; mediums. $10.75® 11; Yorkers. SIOS 10.25; pigs.. $10010.50. Cattle—Receipts, light: market strong. Calves—Receipts, light: market strong. Sheep—Receipts, light; market strong to humer.

THE INDIANAPOLIS TIMES

Dow-Jones Summary

London, stocks of crude rubber in London on Aug. 23. totaled 80.818 tons an increase of 394 tons. London. New York cables opened at 487 3-32 against 4.87=*. Paris checks 123.81. Amsterdam 12.092; Italy. 92.985: Berlin. 20.39. International Hydro-Electric system produced 333,386.000 KWH of electric energy in July increase of 12 per cent over July. 1929. Seven months output 2.368.352,000 KWH 11 per cent greater than like period last year. New York OntaMp & Western July net operating income 5282.666 against $293.854 in 1929. Seven months $370,754 against $367,643. * Youngstown District Steel operations to advance to 57 per cent of capacity against 56' 2 per cent last week. Union Tank Car Company In six months ended June 30, earned 99 cents a share on 1,254,018 common shares against $1.26 a share in first half of 1929. American Commonwealth Power twelve months to July 31, balance after charges and preferred dividends, but before reserves and federal taxes $4,588,290 gainst $2,147,268 in preceding twelve months. Standard Gas & Electric Company in twelve months ended June 30. earned $6.41 a share on 1.841.240 common shares against $6.70 on 1,420.552 shares in preceding twelve months. New England Public Service Company second Quarter net income 51.160.425 after taxes and charges against $1,054,286 in second ouarter of 1929. Twelve months $4,836,953 against $4,666,781. New York steam in year ended June 30 earned $35.11" a common shares against $12.65 in preceding year. Willow Cafeterias in ten months to July 31 earned $1.44 a common share. Nchi Corporation in first six months earned 64 cents a share against $1.85 a rfrare in first half 1929. Standard Oil of New Jersey crud oil runs to stills in first seven month 6'/i per cent below like 1929 period. Gasoline stocks decline 45.1 per cent to 6.766.632 barrels and crude stocks decline 27.3 per cent to 45,326,460 barrels. July income tax receipts $29,699 017. decrease of 55.036.823 from July. 1929. Decrease in individual income taxes $3,705,470 and in corporation taxes $1,331,352. Debits to individual accounts reported to reserve board by banks in leading cities total 411.442.645 against 411.178.970.000 during preceding week and $18,061,468,000 in like 1929 week. Professor Irving Fisher's wholesale price Index at 82.8 for week ended Aug. 22. against 83.8 in preceding week. New freight cars placed in service by Class 1 roads in first seven months total 55,660 against 42,332 in like 1929 period. Freight cars on order Aug. I total 19,627 against 36,335 Aug. 1. 1929. and 14,704 on Aug. 1. 1928. Seven months locomotives placed in service, 484 against 371 a year ago. Stockholders of Transamerica Corporation in August totaled 187,000 against 179,000 in Julv and 130,000 in July. 1929.

Investment Trusts

(By James T. Hamill & Cos.) —Aug. 23 —Close—- .■ Bid. Ask. Basie Industry Shares 7 7 * 8% Corporate Trust Shares 7V* 8 Diversified Trust Shares A.. 22'* 23 Diversified Trust Shares 8.... 19 19% Diversified Trust Shares C .. 7% 8% Nationwide Securities ' 8= 9% Fixed Trust Shares A 19% ... Investment Trust of New' York 8% 9% Leaders of Industry 10% 11 % North Am erican Trust Shares 7% 8% Power and Light Sec Trust ... 9!* 10 Revbarn and Company 46 50 Standard Oil Tiust Shares ... 6% 7% S W Strauss luv Units 9 9 3 /* Selected Amer Shares 36% 38% Trustee Standard Oil Shares B 9% 10%

New York Bank Stocks

—Aug. 25Bid. Ask. America 86 88 Bank of United States 38% 39 Bankers 138’,J 139 Central Hanover 321 323 Chase National 139 139'* Chatham Phoenix Natl ... 106%> 107% Chemical 63% 64% City National 132% 133 Corn Exchange 155 %6 Commercial 395 400 Continental 26% 27 Empire 79% 81 First National 4,840 4.890 Guaranty Irvin o ' 48% 49 Mnahattan & Cos 105 105% Manufacturers 831* 84

Retail Coal Prices

Coke, nut size 8.75 Coke, ckk size ?.25 Indiana forked lump * -t Indiana ege *.‘oma if Indiana mine run t 2P West Virginia lump West Vtreinta ?kk S's2?'J 5? Kentuckv lump /.00®8.2 Pocahontas shoveled lump 8.50 Pocahontas forked lump 9 50 Pocahontas mine run I New River Smokeless shveld. ip. 8.50 New River Smokeless fkd. Ip.. 9-50 New River Smokeless mine run z. 50 ‘nthracite 1825c per ton discount for cash Other Livestock Bv United Press EAST ST. LOUIS. 111.. Aug. 25.—Hogs— Receipts, 9.500, 800 direct auu 1.000 through; market, slow, 10®15c lower than Saturday. Early sales 260-220 lbs.. $11.25 @11.35: top. $11.40; few 260 pounders. $11: little done on pigs, packing sows, steady at $8.50® 9.25. Cattle—6.soo: calves, 3,500; market, trading active: natives and western steers mostly 25c higher; mixed yearlings and heifers strong. Cows, steady to strong: other slaughter classes steady. Native steers. $7.75® 11.25: yearlings at top; western steers. $6.750 8.50. Sheep—Receipts. 2.000: market, on early sales. Packers bidding 25® 50c lower. A few lambs to butchers at $lO. Sheep unchanged. Bv 1 nited Press CLEVELAND. Aug. 25.—Hogs—Receipts. 3,200; holdover, 41: market 1025 c lower on most representative weights; most 160-2XO lbs.. $11.65: top. $11.70: 220-250 lbs.. $11.40: 250-300 lbs.. $11.15: pigs, mostly $10.50; rough sows. $8.50. and stags. $6.50; steady. Cattle—Receipts. 1.100: unevenly, around steady: common to medium steers around 7®8.40: $7,704/8.25 sales fairly numerous: good yearlings. $10.25010.50: fat cows. $5 (i/6.50: cutter grades 43.50® 4.75: most sausage bulls. $6®7.25. Calves —Receipts, 950: strong: bulk good to choice vealers. $13.504/14; medium. $ 1012: cull offerings downward to SB. Sheep—Receipts. 3.700; weak to 25c lower, or slo® 10.50 on bulk good to choice lambs: strictly choice Quoted around $10.75: sheep steady. CIVIL WAR VETERAN. 104, IS LAID TO REST Funeral Services Held at Greenwood for James Jennings. Funeral services, an & burial were held today at Greenwood for James Jennings, Civil war veteran and one of the oldest persons in Marion county, who died Saturday at the age of 104. An honorary member of the Greenwood Lions Club and the G. A. R., Mr. Jennings was a veteran jf the Civil war. having served with Kentucky troops. He resided in Marion county since 1900. A son, Lafayette Jennings, Southport, is the sole survivor. TRUSTIES STILL HIDING Prison Guards Continue Search for Two Escaped Convicts. * Bv United Press MICHIGAN CITY. Ind., Aug. 25. —Guards of the Indiana state prison today continued search for Fred Wilson, 31, Oolitic, and Ray Robbins. 30. Posey county, who escaped from the penitentiary farm Saturday. Both were serving terms for robbery charges. The prisoners were regarded as trusties and slipped away from the farm without beire noticed.

WHEAT PRICES IRREGULAR ON LIGHTSELLING Large Increase in Visible Supply Is Expected; Corn Uneven. Bv United Press CHICAGO, Aug. 25.— Averaging lower most of the day, wheat closed an unsettled and light trading session on the Board of Trade today with minor losses. Prices moved in a narrow range with some pressure being felt from the northwest, mostly hedging. The movement of spring wheat is increasingly heavy, while the visible supply increased 8,255,000 bushels. Com had a wider range and moved erratically at times, but was of! most of the day. The market was easily influenced. Oats suffered from profit-taking on the recent sharp advance. Liverpool Dull At the close wheat was % cent to % cent lower. Corn was unchanged to r ’ S cent lower and oats was 3 s cent to 6s cent lower. Provisions were firm. While holding fairly steady most of the day, Liverpool was very dull and lost some of its gain to close ' s cent to Vi cent higher. There were no reports of export business worked overnight or on Saturday. The trade is generally rather bullish. but refused early to follow advances with buying orders, due to the ample supplies on hand and the expected heavy Canadian hedging pressure about to be met. The increased feeding is encouraging. Cash prices were unchanged. Receipts, 144 cars. Corn Steady Corn was around steady at the start, but fractionally with wheat, where prices hung most of the morning. The higher prices are bringing in large shipments from the country, which is having a moderately depressing effect. The cash demand was quiet early. Cash prices were Vs cent to l’i cents lower. Receipts were 329 cars. There was some profit-taking early in oats and the market suffered a major decline, but steadied by mid-session to hold only small losses. There was no special news and trading was quiet. Cash prices were unchanged to cent lowsr. Receipts were 99 cars. Chicago Grain Table —Aug. 25 WHEAT— P' ev - Open. High. Low. Close, close. Sept.. .89',* .89 *8 .88=4 .89 .89=8 Dec... .94 .94=4 .93'a .93;* .94'a Mar 98 r * .99 = 4 .98!* .OS'!* .99 MayT. l'o1 5 a 1.02'8 7.00 3 * 1.01 >8 1.01% Sept.^ N . 98'.a .99’ 8 .97 7 * .98>4 -98 7 b Dec... .93 '4 .94'b .92=8 .93>4 .93=8 Mar.. 95 3 8 .95=8 .94 3 / -OS 3 * t-OS-’c May.. .97! 2 .97% .96'a .97’s .97% Se?t ATS 742 .42's .41 3 8 .41 5 a .41% Dec... .45','b .65% .44’a .44=4 44% Mar.. .47 .47% .46% .47 .4/% May.. .48! a -48% .4/% .48% .48% Sept Y f _ .63 .63% .61% .62% .62 Dec.. .68 = 1 .68% .67% .67=8 .67% Mar.. .73% .73% .71% .71% -7'% May.. -74 .74 .73 .73% .73 Sep AB ?ITO 11.15 11.10 11.15 11.10 Oct.. 11.07 11.07 11.05 11.05 11.00 Dec.. 10.85 10.95 10.82 10.92 10.87 Jan.. 10.90 10.95 10.90 10.95 10.90 Feb 1105 11.00 BELLIES— Sept. 1-3.90 13.90 13.85 13.85 13.90 Bv Tiwrs Special CHICAGO. Aue. 25.—Carlots—Wheat. 66; corn, 257; oats, 79; rye. 1. and barley. 15. Rv United Press CHICAGO. Aug. 25—Cash grain close; Wheat—No. 2 red, 91 !*c; No. 1 hard, 80%® 90%c; No. 3 hard. 90®90%c. Corn —No. 2 mixed. 99%c@Sl; No. 3 mixed. 99%c: No. 6 mixed. 97@98'jc; No. 1 yellow, 51® 1.00%: No. 2 yellow, 99%[email protected]; No. 3 rellow, 99%®51: No. 4 yellow. 99c; No. 5 Vellow. 980-98 Vic; No. 6 yellow, 98 @99c; 10. 2 white, $1.03%®J.04; No. 6 white. i.Bc: sample grade white. 83®96%c. Oats—No. 2 wihte, 41%@42c; No. 3 white, 40V@41%c: No. 4 whiet. 40%c. Rye—No. 2. 69c: No. 3. 68 %c. Barley—s6® 68c. Timothy—ss.2s@ 5.50. Clover—sl3.so@2l. Bv United Press TOLEDO, 0.. Aug. 2a.—Grain close: Wheat—Nc. 2 red, 94%®95%c. Corn—No. 2 yellow, f1.06%@ 1.07%. Oats—No. 2 white. 44%@45%c. Rye—No. 2. 80c. Barley—No. 2. 62c. Clover—Domestic, cash, $13.75: prime choice, $14.05; October. $14.75; December, $14.75; March. $15.25. Alsike —Cash, sl2; October, $12.25; December. $12.50. Butter—Fancy creamery. 43 ®44c. Eggs—Country run. 23®25c. HayTimothy. $1.60 cwt.

SUICIDE TRY FAILS State Cashier in Serious Condition From Shot. Bv United Press KENDALLVILLE, Ind., Aug. 25. Abel Barnum, 40, cashier of the Farmers’* State bank. Albion, Ind., was in a critical condition at Sacred Heart hospital Garrett, Ind., after shooting himself in the head. No motive was advanced for the attempted suicide, as Glade Ralihan, assistant cashier, stated that the bank records were clear. Barnum has been an official in the Farmers’ State bank for twenty years. Tne shooting occurred in the rear of the bank.

In the Stock Market

ißv Thomson Sz McKinnon > NEW YORK. Aug. 25—The worldwide scope of the present trade depression makes it necessary that we follow with more than casual interest, foreign developments. No country has been harder hit industrially than England. For that reason, reports that employment in that country is rising the first time in many months may have unusual meaning. Consider the high per cent of unemployment in foreign countries, our two and one-half million idle workers, or, but 2 per cent of the total population, it would seem, should be far from an insurmountable problem. But little quickening in industry the country over would be promptly felt. In this connection, it is quite gratifying to learn which that condition in the anthracite coal field, with a million tons coal less in storage than a year ago. promise the best fall and winter in years. Thousands of miners are returning to work. Without commenting upon the outlook, the federal reserve board renews the low condition of July business. Another important New York bank conservatively ventures the opinion that aside from the likelihood of seasonal improvement in September and October, business generally appears to be marking time. The most encouraging factor we, see at the moment is the increased wholesale buying, which is noted from New England to California. Herein lies the basis for greater industrial activity. Such stimulus is all the stock market lacks and that, we believe, is all the public is waitiwr for. 1

GARBO IS ACCEPTED AS A GREAT ACTRESS There Is No Longer Any Mystery About Dramatic Ability of Greta Since Her ‘Romance.’ BY WALTER D. HICKMAN INTO the ash can has gone all doubt about the dramatic ability of Greta Garbo. | Before she became a talking actress on the screen in “Anna Christia there was public discussion caused by clever publicity regarding whether Greta could talk or not. When she became the greatly discussed Anna we learned that Greta could talk and although rather juvenile in some of the scenes in that play of merit we agreed that, her talking start was successful. i

Now cast as the temperamental opera singer in Edward Sheldon's “Romance” she is no longer a

juvenile rather uncertain, but an actress of tremendous power and poise and capable of suffering and making others suffer. In my mind there is no longer any doubt about this w o m a n’s ability along dramatic and romantic lines. She can create a character with a definite touch, muking that character life and blood. And that is

mm -a

Greta Garbo

all the more to her credit in •Romance" when you stop to consider that the character of Rita Cavallini is really a costume character, because the story takes you back to fifty years in New York. Garbo makes Rita the dainty thing of fashion and power of her age who loved mfen unwisely without the benefit of clergy. But when she becomes acquainted with a young clergyman, played by Gavin Gordon, formerly of the Stuart Walker company here, she falls for the clergy and after a struggle about ruins that guy. But he comes out pure because Rita found a safety valve against his passion at the very end of the story. I am sure that you are familiar with the story because we have had it here in several forms before. What we are interested in now is how Clarence Brown has directed “Romance.” If I am correct Brown has directed Greta Garbo in four pictures—two silents and two talkers. He has placed upon Garbo a certain Belasco touch. I think that Brown is as much responsible for making Garbo a great actress as any other one influence with the exception of the star herself. Because of the work of Garbo and the fine direction, photography and recording, I am ready right now to nominate “Romance” as one of the ten best of the year. Garbo has been fortunate in her talkers because she has had two great characters so far to impersonate—namely Anna and Rita. As to appearances in “Romance,” Garbo is a darling in her curls and quaint costumes. As to Gordon, I think he is miscast because he does not produce a young clergyman

Produce Markets

Eggs (Country qum— Loss off delivered in Indianapolis. 20c: henery aualitv No. 1. 24c: No. 2. 24c. Poultrv (Buying Pricsei —Hens welenlng 5 lbs. or over. 20c: under 5 lbs.. 18c; Leghorn hens. 14c: springers 4 lbs. cr over. 21c or under 4 lbs., 19c: Leghorn springers. 15c: old cocks 9®loc: ducks, full feather, fat whites. 9c: creese. 6c. These prices are for No i top aualitv ouoted bv Kinpan & Cos. Butter (wholesale)—No. 1. 41<S42c: No. 1 37(?£38c. Cheese at i wholesale selling price per poundi —American loaf. 31c: nimento loaf. 32c: Wisconsin firsts 27c: Longhorns. 34c: New York Limbereer 36c. Bv United Press NEW YORK. Aug. 25.—Flour—Quiet and steady; spring patents, $5.10®5.40. Pork —Steady mess. $31.50. Lard—Firm: middle west spot. $11.50® 11.60. Tallow’— Quiet; special to extra. • sV*®.Seac. Potatoes—Quiet and easier: Long Island, $1.50 ®3' southern. $1.50 barrel. Sweet potatoes —Quiet and easy; Long Island. $1.5003: southern. $1.50 bbl. Sweet potatoes—Quiet and easy: southern baskets. $1,250:2; southern barrels. $1.75® 6.50. Dressed poultry— Quiet; turkeys. 220:45c: chickens. 20®38c; fowls 15®30c; ducks, 12®15c: ducks. Long Island 1518 c. Live poultry—Dull: geese. 10® 13c: ducks. 12®22c: fowls. 15®26c: turkeys. 20® 25c: roosters. 15® 16c: broilers. 18®30c. Cheese —Firm: state whole milk, fancy to special. 24®26c; young Americas. 19® 26c. Bit United Press CHICAGO. Aug. 25.—Eggs—Market firm: receipts, 12.442 cases: extra firsts. 27c: firsts 26c; current receipts. 22®23c: ordinaries. 15@21c: seconds. 12® 15c. Butter — Market firm: receipts. 11.770 tubs; extras. 39c; extra firsts. 37%®38c; firsts. 3d%® 36!-c; seconds. 33@34%c: standards. 39c. Poultry—Market steady: receipts. 8 cars; fowls '2o®22c: fowls, general run. 20%c; springers. 24c; Leghorns. 15c: ducks. 154/ 20c- geese. 14c; turkeys. 18c; roosters, loc; broilers. 22c. Cheese —Twins. 18®18%c; voung Americas. 18%®18=4C. PotatoesOn track. 261: arrivals. 141; shipments. 622; market firm; sacked Irish cobblers: Misouri $1.6501.75: Wisconsin. $1.80; Minnesota. $1,654/1.80: Colorado sacked Bliss Triumphs. $2.40: Wisconsin sacked Bliss Triumphs. $2.25; Minnesota sacked Early Ohios. $1.50®1.65. Bv United Press CLEVELAND. Aug. 25.—Butter—Steady; creamery in tub lots, according to score. 36® 39c; common score discounted 2® 3c; packing stock. No. 1. 28c: No. 2. 22c: No. 3, loc; butterfat. 38® 40c. Eggs—Steady; cases included: Extra firsts. 30c; firsts. 26c; seconds. 24c; nearby ungraded. 26c. Live poultry—Thin and coarse stock sells only at heavv 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.. 25c: broilers, colored, over 2 lbs., 22c; broilers, over 1% lbs., 21c: l!i ibs. and over 19c; Leghorns and Orpington broilers, over 1% lbs. 21c: 1% lbs. and over. 19c; broilers, partly feathered, 15@18c; black springers. 18c.

Indianapolis Stocks

—Aug. 25 Bid. Ask. Amer Central Lite Ins 50..1.000 Belt R R & Yds Cos com 54 61 Belt tt R & S Yds Cos Did 56 61 Bobbbs-Merrill Cos 29% 33% ‘Central Ind Power Cos pfd.. 83% 93% Circle Thea'er Cos com 106 Citizens Gas ~... 27 ‘Citizens Gas pfd 96 100 ‘Commonwealth L Cos pfd 7%.. 98 103 Commomvealth L Cos pt 8%.. 99 Hook Drug Cos com news 23 25% Ind Hotel Cos Claypooi com.. 125 Indi <na Hotel Cos Die* 100 104 ‘lndiana Service Corp pref.. 84% Indianapolis Gas Cos com 57 CO% Indpis North Western Indpls Power & Lt pfd 104 105'.* Indpls Pub Wev Loan As com 52 Indpls St sty Cos pfd 10 11 Indpls Water Cos pfd 101 103 Northern Ind Pub 6% co pfd.. 99% 102 Northern Ind Pub 7% co pfd...107% 110 Interstate Pub Serv 7% 101% 104 Interstate Pub Serv 6% 89 93 •Metro Loan Ch 99 Northern Ind P 5%% co pfd. 92 97 Progiess laundry Cos com. ..44 47 E. Rauh & So.is Fer Cos pfd.. 47 Rea) Silk Hosiery M Inc pid. . 90 Shareholders Investors Cos 23 Standard Oil of Ind 49% ... T H I <0 E pfd 9 11 ‘Terre Haute Trac L Cos pfd. ..78 Union Title Cos common 40 46 Van Camp Prod Cos Ist pfd 96 Van Camp Prod Cos 2nd pfd.. .. 93 •Ex. Div. BONDS Belt R R & Stock CO is 91 Broad Riopie . . 41 Central Indiant Gas Cos 55... 99% ... Central Ind Power Cos 6s . ... 93% Citizens Gas Cc 5s 101 102% Citizens Street Railroad ss. .. 42 43 Home 1 & T of Ft. Wayne 65.102 Ind Ry & Light Cos 5s 95 Indiana Service Corpn 5s 88 Indpls Power & Light Cos 55.. 100 Indois Col & Trac Cos 6s 90 Indianapolis Gas Cos 5s 99% 102 Indpls & Mart Rapid T Cos 5s 10 'lndpls Northwestern Cos % Indpls Street Rv 4s . 29 30 Indois Trac Ter Cos 5s 82% 84 Indpls Union Rv 6s 109% Indpls Water Cos 5%s 103% 104% Indpls Water Cos 5s 99 Indpls Water Cos iie A: ref ... 99 Indois Water 4%s 94 96 Indpls .Vater W Sec Cos 5s 87 Interstate Pub Serv Cos 4%s .. 91% ... Interstate Pub Ser Cos 5s 98 Interstate Pub Serv 6%s 103 No Ind Pub Serv Cos 05.......101% ... No Ind Telephone Cos 6s 98% 100 T H Ind & East Trac Cos 55.. 70 T Light CO 5s 85

with enough force to attract and to hold such a creature as Rita. Lewis Stone is excellent every minute in the picture as Cornelius Van Tuyl, a very old and near friend cf Rita. I ask you to study the way that Brown uses a sort of prologue to introduce the romance of fifty years ago and an epilogue to end it. Splendid. See “Romance” by all means and you will agree with me that we have another actress on the speaking screen who has the right to be termed great. Now at Loew's Palace.' tt a a CONCERNING JOE BROWN IN PERSON As Joe Brown admits in person that the reason he is making personal appearance is to find out how

people like the pictures he has been making. He also remarks that “the money, cf course, lias something to do with it.” I was entreated to see how the audience re acted toward Joe, who does not and u p 1 i cate his screen antics on the stage. Joe tells stories, with the aid of Charlie Davis and Eddie Lambert, and does

Ginger Rogers

a dance. He has a sort of definite ccmedy way about him on the stage, which is different, and the public is longing for such a difference. The big way that he is going over at the Indiana this week proves that I am right in my contention. His stories do not sound new, but he has put new clothes of showmanship on ’em. And that is an accomplishment. He gets over and he is solidly fixed in the admiration of the audience. I think that Eddie Lambert takes too much time in the first part of his work on the stage show. The first part of his piano burlesque gets over but he doesn't know how to speed it up. Have only praise for the Argentine dance number by the girls near the end of the showing. Splendidly danced before a good stage background. “Queen High” is a sort of a musical version of the old but successful stage farce, “A Pair of Sixes.” Charlie Ruggles, Ginger Rogers and Stanley Smith are featured. It isn’t the few songs that makes this picture but the comedy put over by Ruggies. “Queen High” is a natural on the screen. Probably gets as many laughs as any picture except that turned out bV Marie Dressier and Polly Moran. Now at the Indiana. tt tt a MISTAKEN IDENTITY CREATES A ROMANCE Mistaken identity in a picture or st.ory is always introduced for some reason. It usually helps to build up the theme and is the whole reason for the theme. In Jack Oakie’s pic-

faiilf „ , : r 3B||i J||

ture, “The Sap From Syracuse,” mistaken identity was used for the purpose of comedy, and comedy was the big thing in that production. In “Shooting Straight,” starring Richard Dix, we see it used for something different. Here it creates not fun, but romance; not laughs, but thrills;

Richard Dix

not mirth, but punch. We have Dix, a big two-fisted man, a gambler, and sought by the police for murder, mistaken for a reformer, an evangelist. He falls in love with a girl, played by Mary Lawlor, and she in turn falls in love with him. The girl’s brother; who gambles, is in the evil power of a bad man who runs a gambling establishment. The bad man has designs on the girls and trys to bring them about. The result of all this entanglement, is bound to cause an explosion, thrills, and such. The explosion is a fight between Dix and the bad man, portrayed by Matthew Betz. There has not been such a fight yet on the talking screen. Furniture is ruined, as are the faces of the antagonists. Os course you can guess w’ho was the winner. The winner is obvious, as everything in this picture seems to be, but it is thrilling just the same. Sometimes I had the notion that perhaps the director, was giving us a burlesque of the old type thrill crouded picture of the silent days, when the villian pursued the heroine, and the hero stood by ready to give him a good punch on the nose. But even if that was his idea, it was finally lost to me. in the fact that I was more thrilled than amused. “Shooting Straight" gives us the old Dix, with a powerful punch in | those fists of his, and the belief that Ihe is still a real he-man. To see | it is to regain some of that lost faith in this man's abilities. Good entertainment. ! The short subjects offer Eddie Cantor in “Cock-Eyed News,” of course it is funny, and Johnny Perkins in "Lady You Slay Me." ! “Listening In.” an organ solo by j Lester Huff and Newsreel complete the bill. Now showing at the Circle.— (By Connell Turpen.) The Mutual has opened its season with “Step Lively Girls.” Matinee and night daily. “Common Clay” is now in its second week at the Apollo. Other theaters today offer: "The Matrimonial Bed," at the Lyric; The Dawn Patrol," at the Ohio, 1 and “Unguarded Girls." at the Colonial.

.AUG. 25, 1930

TRADE VOLUME AT LOW LEVEL i IN STOCK MART Industrial Average Rises 6 Points Despite Light Deals. Bn United Press NEW YORK. Aug. 25.— Trading on the Stock Exchange this week fell off to levels of the first week of August before the drought news caused heavy selling and prices firmed up in most sections. Sales for the week only 8.831.640 shares, against 10,725.640 shares in the previous week. , Five stocks, Radio Corporation Vanadium. Radio-Keith-Orpheum. Warner Brothers Pictures and United Aircraft, made up more than 25 per cent of the total \plume. These shares and fifteen other active favorites made up 52.3 per cent of the volume, giving an idea of the professional nature of the trading. Industrial Average L’p The industrial average rose 6.40 points for the week, losing only on Monday and Thursday. Rails, however, met pressure on poor earnings I and continued falling off in car loadings. The rail average lost 1.41 points for the week. Utilities gained 1.61. There were several weak spots in ! the list, but the general market meb tests of its ability to resist pressure in such fashion as to bring out pre- : dictions that the liquidation was ; over and that the list would now i head higher with Labor day as the j real turning point for a sharp au- | tumn rise. Trading Volume Off Included in this week's weak is- , sues were Gillette Safety Razor, I Autostrop, Baltimore & Ohio, Shell ! Union Oil, Warner Brothers Pictures rnd several special issues. Causes of decline in these and other | objects of attack were generally ! apparent, but the remainder of the ; market was only temporarily afI fected. | Trading volume fell off on every i attempt to sell the market and rallies each decline. Sat- | urday trading amounted to a little I less than 700,000 shares, but prices | were firm in nearly all sections. Business conditions during the week showed little measurable j change, but sentiment was bolstered by reports that the depression had reached bottom in many lines, j notably Steel where a slight upturn , was noted.

Births Boys Arthur and Myrtle Greene. 1240 Soulli Pershing. Leonard and Violet Featherston. 1133 East Pratt. Morris and Maude Branham. 229 South Blake. Lucy and Mary Moore, 2346 North William and Williamette Davis. 2520’* North Olney. Gilbert and Lucile Hill. 1322 Yandes. Oscar and. Mary Grant. 2049 Sheldon. William and Thelma Knight, 1820 Gent. Roy and Ella Nelson, 1322 Lafayette. John and Mabel Schmidt. 1408 Silver. Scott and Mabel Fries, 833 River. Lerov and Carrie Moore. 407 Muskingham. Merle and Beatrice Grlsmore. 1736 Wade. Louis and Ella McMahon. 843 North Davidson. Girls Walker and Jessie Lunderman. r. 20 Blake. Fred and Vivian Dorsett. 909 Eas6 Eleventh. William and Gladys Abbott. 833 Birch. Ernest and Audrey Boggs. 6800 Ashland. Alonozo and Margaret Dllllnger. 17J Bright. Clyde and Mary Miller. 559 West Merrill. William and Cornelia Sullivan, 623 North Senate. Jerome and Anna Compton. 710 Virginia. Haskell and Mary Thompson. 854 W*s6 Twenty-fifth. Joseph and Anna Forestal. 1505 Fletcher. Raymond and Ruth Kirk. 1132 Blaine. Deaths William Thorn. 69. 5737 Bccchwood, carcinoma. Aaron D. Jackson. 7 months, city hospital. acute entcro colitis. Bridget Ellen Coyl.e. 66. 1011 West Twenty-eighth, myoca rditis. John Mullin, 82, 721 S. Missouri. angina pectoris. . Infant Ford. Coleman Hospital. intra* cranial hemorrhage. " Thelma Long. 34. 2915 East Riversida Drive, mitral insufficiency. Laura Dorman. 76. St. Vincent Hospital, hypostatic pneumonia Frank H. Windott, 70. 2523 Central, angina pectoris. Junius Brett. 37. 2416 North Western, acute cardiac dilatation. Mary C. Welland, 74, 541 Highland^ chronic myocarditis. § David M. Ruckman, 77, 2138 Brooksloa arteriosclerosis. 1 Bertha V). RusselL 34, 714 BatcsJ pulmonary hemorrhage. Hester Welshans. 26. Methodist Hcs* pital. pulmonary embolis. Belle Barrick, 53. 134 West Eleventh, general tuberculosis. Louise Clemmons, 72, 6 Eastern, chronio myocarditis. Mavnard V. Carrol!. 24. Central Indiana Hospital, broncho pneumonia. Charles Pahner 70. city hospital. chroni<| myocarditis. Inez Hamilton Howe. 80. 1403 North Del* awa-e. enterocolitis. Cynthia E. Jenings. 62. 49 West Thirty* third, cerebral hemorrhage. , John C. Dick. 78. 1524 tVest Twenty* seventh, cerebral hemorrhage.

Net Changes

j Bn I nitrd f’rrt* ! NEW YORK. Aug. 23.—Closing I prices and net changes on principal' I stocks traded on the New York ! Stock Exchange today: uo off. I Amrican Can 129 I’* i American Telephone 2n 7 ’i ... Bethlehem Bl' * ... Consolidated Gas lOfl'a \ ... General Electric 71 ’ ... General Motors funchangedi 45 International Nickel 23 U ... Loews 74 3 i 2'i ... North American 99’ '* .. „ Pennsylvania 72 ! ,4 'i ... I Radio 41 1 1 1 ... Radio Keith 34 U >, 2 Sinclair 21->* . . I i Standard Oil. N. V 3l’ t United A.lrcraft 62 2 : United Corporation 32*i 'j \ U. S. Steel 166’4 .. Vanadium 89’ ... *4 ' Warner Bros. Pictures 25’* 1 < Wcstinqhousc Electric 14av IV< Legal Notices THE BOARD OF TRUSTEES of the Cen- : tral State Hospital will receive sealed proposals until Friday. August 29. at ll a. m.. for furnishing supplies for tne month of September. 1930. Estimate boot will be on file at Room 147 Statehous'. from and after Monday. Aueust 25. 1930. Also at the same time and place thw contract for milk will be let for one •1 vear from October 1. 193 The Board of Trustees reserves th* right to reject, any or all bids. BY ORDER OF BOARD OF TRUATEZV BOARD OF ZONING APPEALS NOTICE OF HEARING Notice is herebv given thaf Wilhait Wilson has filed with the Board of Zoning Appeals of the Cltv of Indianapolis, a petition asking permission to vary the reouirements of the Zoning Ordinance av erecting a storeroom at 1603 Nelson ave- “ A' Public Hearing will be held by said Board in Room 104. City Hall. Tuesday. September 9th. 1930. at 2:30 p. m.. at which time and place all Interested Prisons will be given oportunitv to be hea.d in refenrece to the matters set out U said petition. _ BOARD OF ZONING APPEALS GEO. TANARUS, O'CONNOR. President. H B. STEEG. Secretary-Engineer. _ NOTICE OF SALE OF AUTO Notice is herebv given John J. McElrov and the public generally that I will sell at public auction at 811 North B"sart avenue. Indianapolis. Ind. a certain Maxwell couoe, 1924. automobile: engine number 503877, license number 85677. certificate of title number A-9305554. to par certain storage and repair charge* in the sum of *75.00 due the undersigned Said sale is made in accordance with the law of the *tate of Indiana authorizing same, and will be made at 10 O’clock a m. September 2d. 1930 Dated this IBtfc day of August. 1930 CARL HEATHCO