Indianapolis Times, Volume 42, Number 95, Indianapolis, Marion County, 29 August 1930 — Page 17

Dm. 29, 1930.

STOCK ISSUES ‘ FOLLOW STEEL SHARES HIGHER Scant Outside Interest Seen as Result of ThreeDay Holiday.

Average Stock Prices

Averse* of thirty Industrials for Wednesday w*s 237 93. up 2.46 Average of twenty rails as 129.63. up .73 Average of twenty utilities was 15 79. up .96. Average of forty bonds was 97.09. off .01. Bu United press NEW YORK. Aug. 29—Stock prices advanced from fractions up to 3 points in dull trading today. Despite the rise, there was scant' outside participation as traders prepared for the three-day recess over the week-end. Argentipe bonds declined on heavy selling, but other South American issues were steady. United States Steel featured the stock list. Selling ex-dividend, Steel reached 171 Adding the dividend of Hi this is equivalent, to 173. up 2’ii from the previous close and a new high on the movement. Industrial leaders followed Steel, with Westinghou.se Electric a prominent feature. Railroad shares moved forward, inspiring bullish confidence. Southern Railway was carried up nearly 3 points to 85't and Texas & Pacific soared 9 points to 132 on top of a 12-point rise Thursday. • Railroads Strong New York Central rose a point, to 1631i- Car loadings for Central for the third week in August increased 5,934 over the previous week, and were the largest, for any week since June 21. indicating the beginning of the seasonal freight movement. Atchison gained 2% to 220%, and other rails were in demand. Railroad equipment shares also perked. General Raihvay Signal featured with a gain of 3'4 points to 81. Baldwin continued active and firm, holding around 32, where it was up 7 i net,. Oil shares were better, with Houston and independent Oil and Gas leading. Utilities were quieter with prices holding steady to firm. Foods were firm under the lead of National Biscuit which gained a point to 83%. Montgomery Ward continued in demand in the mercantile division, while Sears, Roebuck eased after its 4-point gain Thursday. Cash Sales Made Many sales were made for cash in some of the leading issues this morning. Some of these cash sales were to clear out short accounts where stocks had risen and brokers did not want to wait until Tuesday for delivery. Other cash sales were made to close out accounts at the month end and a few were made in United States Steel to get the dividend being deducted today. Call money renewed at 2 per cent and held there throughout the first half of the session. Packard was weak in the early trading, dropping to anew low for the year at 12‘4, off %. Heavy selling of the stock has. been in progress for several days due to reports that, the dividend would be reduced or passed..

Bank Clearings

—Aug. 29 INDIANAPOLIS STATEMENT Clearings $2,388,000 Debits 4,690.000 CHICAGO STATEMENT Bii United Press Clearings $68,900,000 Balances 5.000.000 NEW YORK STATEMENT Clearings ; ... .$850,000,000 Balanci . 147.000.000 Fdl. Res. Bnk. Cr. Bal 108.000.000 TREASURY STATEMENT Net balance for Aug. 27 $107,275,219.12 Expenditures 9.313.035.14 Customs reds, month to date 27.732.096.39 Mail Routes Estab isfccd Bu Unites! Press TERRE HAUTE, Ind., Aug. 29. New rural mail routes to serve Bruceville, Bicknell, Edwardsport, Westphalia, Sandborn, Marco and Lyons from the Vincennes postoffice. were announced following discontinuation of train service on the Indianapolis & Vincennes railroad. Spencer will be given rural service out of Bloomington, and Paragon will be served out of Martinsville.

New & Used Furniture ON MOST LIBERAL CREDIT TERMS! NEW FURNITURE jßk Big Values in Slightly at Sensational Reductions! fPJ USED FURNITURE Buy your Circulator now. $5.00 IpOgl Kitchen Afkl allowed for your old heater on a H |||j Cabinets <PU#UU I new one. A large stock to H |jg|j * / select from as A A K Bra low as VwuV/U (BsEBH ( . . . *1 l ;il g I 5-Piece Breakfast dQ I Junior $’7.95 Bridge ij g W Lamps .. • Lamps .. U f ■ ■■■■ —.■■■■■■ > Beautiful Shades and Attractive W i£*ag I End Tables—(Walnut AO \ k Baseß - 9 I Ijll finish) .....TOC I Living Room Suites, full size, sturdy construction, good qual- W Hroccprc tfi 7s ( ity velour j| L/ieSSerS .PU, covering V ■ ■ ' .. \ 98c] now; j Chiffoniers— $8.75] 3-Piece /IHfl? QP en L? n til 9 Night B*PI6C6 Bedroom 'MJf ° J Dining. Suite MBFW m ggk-ilf Room I I 111 lis Suite ana Mattress gg JP||, SSS Walnut Finish ‘69- m Wembbbmiw ‘35- _ _ Between Alabama and New Jersey Streets c -r Easy farms Terms

New York Stocks 'Bv Thomson & McKinnon ) 1

—Aug. 29 Prev I Railroad*— Hash Low 11:30, close. Atchison 219* 217'* 31% A>! Coait Line.. .. ... }J}„ ; Balt k Ohio 101'. 101 10Ui 100 i G’hefcu At 0hi0... 48 * 4< 3 * 48 * 4a* 1 io% io*i io% .10'. c h R i & w “V.v;. 7l ‘‘ ‘ 8* Del L k W .. 14 114 Del k Hudson.. .. ■ in ”0 Erie 40’. JO 40*/* 39’a Illinois Central 113‘a 113 113 ... I Lou k Nash ... .. ! M K k T ’• 41 42',a 42 N Y Central ... 163’. 162% 16|’. 162% MY NH k H 108'. 107 108’. ... Norfollt k V.ett 2J ?,. Pennsylvania .. 73',a dS z .I?’* Reading 110 109 5 * 110 109 8o Pacific 116 US 1 * 118 118 Southern Rv ... 85 32% 82 j St Paul 15', 14 % 14*2 13 2 St Paul pfd .. . 23% 22% 23 , 22% St L k 8 T 91 90 ". pac i Union Pgctfic . 218 216 218 216' 2 Wabash .. . 34 33’. 34 3* W Maryland 25% 24 2j Equipments— Am Car k Fdy. 47 46% 47 # 46 Am Locomotive 42% 42' Am Steel Pd 3J? Gen Am Tank. •••, 5® General Elec ... 73% 72% 73% 73 Gen Rv Signal 78 77% Lima Loco 2a 25 M Y Air Brake 40> Press Stl Car 7 Puliman 69 . Westingh Ar B . • •• 38% Westingh E1ec...151% 143’,. 151% 149% Rubbers— . .. Fisk 1% 1% 1% in Goodyear 53', 2 53V. 53% 54% Goodrich 22 Va 22’'. Kelly Sprgfld • • 3% U S Rubber 20% 20% Motors— Auburn ... 112 119 112 110 Chrysler ... 28 28 Gardner , Graham Paige.. . 5 6 General Motors. 44% 44V 2 44% 44% Hudson ... .. 30% 30% 30% 30% Hupp 13% i3% 13’% 13% Mack . 60% 59 Marmon 9 Nash .. . • . 33% Packard 12% 12% 12% 12% Reo 11% 11% 11% ... Studeb-ker - . 30% 30% Yellow Truck .. 22% 22 22 2% Motor Access— Am Bosch 34% Bendix Aviation 31% Briggs 20% 13% 20 19% Campbell Wy . . ... . 18 Eaton . . . 23% 23% 23% 23 El Storage B 67% 67% Hayes Body 7 7 Houda 8% 8% Sparks W 22 Vi 22% Tfmkin Roll 67% 67% 67'% 63', 2 Mining— Am Metals 30 Am Smelt .. ... 68% 68% Am Zinc ... ... 44% Anaconda Cop.. 45% 44% 45 Cal k Hecla 13% Ca! &LArlz 48% 48% 48% 48% Cerro tie Pasco ... 43% Dome Mines ... .* 8 8 Granby Corp 22% 22% Great Nor Ore .. .. ... 20% 20% Howe Sound ...... ... ... 28’, Int Nickel 23% 23% 23% 22% Inspiration 13% K-nnecott Cop 34 33% 33% 33% Magma Cop . . 30% 30% 30% 39% Miami Copper .. .. ... 14% 14% Nev Cons 13% 13% 1.3% 13% Texas Gil! Sul 58% 68% 58% 59% U S Smelt 19% Oils— Amerada , ... 24 23% Am Republic .. w 18 AM Refining .... 33% 33% 33% 33% Barnsdall 22% 21’, Beacon 14 Houston 77”, 75% 77% 76 Ind Oil 23 22% 22% 2C% Indian Refining 11% 11 Mex Seaboard.. 21% 21 % 21% 21% Mid Conti 23 Phillips 32% 31% 32 32% Pr Oil & Gas. 34% .. 34% 34% Pure OH 19”, 19% ' 19% 10% Richfield 14% r?, Royal Dutch... 49% 49% 49% 4 b Shell Un 14% 14% 14% 14% Simms Pt 18% Sinclair 20% 20% 20% 20% Skelly 27% 27% 27% ... Standard of Ca! 60% 60% Standard of N J 69% 68% 69% 63% Standard of NY 31 30’% 31 - 30% Texas Cos 51% 51% Union Oil 39% Steelr— Am Roll Mills... 54% 52% 53% 54% Bethlehem 82’, 82% 82% 82% Byers AM 73% 73% 73% Colo Fuel 50% Cruc Steel 75% Ludlum ... ... 23’ a Repub 1 k S 34 U S Steel 171 170% 170% 170% Vanadium .. . 83% 83'/, 83% 82% Youngst SAW 36% 36% 36% 35% Tobaccos— Am Tob 181 ....256 253% 253% 257 General Cigar 44 u Lig & Myers B. 100% 109 100% P 9% Lorillard 23% 22% 23% 23 Phil Morris 11 Reynolds Tob 51% St% Std Com Tob 6 Tob Pr A 12 Tob Pr B 3% United Cig 7 7 Utilities— Abitibi 22 21% 21% 21% Adams Exp .. 27% 26% 27% 26% Am For Pwr . ... 75% 75% 75% Am Pwr & Li.. 85%, 85 85% 84 AT&T 217 214% 214% 214 Col Gas &El . . 60% 59% 60 61 Com & Sou ... 14 13% 13% 13% El Pwr & Li.. 72 71% 71% 71 % Gen Gas A 9% Inti TANARUS& T 41% 40'1 40% 40% Natl Pwr & Li.. 47% 47% 47% 47% No Amer Cos 104 105 104 104 Pav Gas &El .. 57% 56% 57% 56% Pub Ser N J ... 93 92% 93 92% 1 S-> Cal Edison .. 56% 56% 56% 57% .Std G& El 104 3 4 104% 104% 104% United Corn .... 33 32% 32% 32% TJt Pwr &L A 35% 35 West Union 170 170% Shinping— Am Inti Corp.. 36 35% 36 35 United Fruit... 88% 88% 88% 87% Armour A 5V* Cal Fkg 64% Childs Cos 57 56% 57 Coca Cola 178% 177', 2 178'; 176*4 Cont Baking A. . 24% 24% Corn Prod . ... 94% 93% 94’, 93% Cuban Am Sugar 41* 4 41* 4 Gen Foods .... 57% 57% 57% 57% Grand Union 15% Hershev 97 96% Jewel Tea ... .. 48 Kroger 24% 24%' 24% 24% Nat Biscuit... 84 82% 84 82% Pillsburv 33 Safewav St 66 Std Brands 20% 20% 20% 20% m Drugs— Coty Inc 17% 17% Lambert Cos ... 92% 92% Industrials— Am Radiator.... 26% 26% 26% 26% Bush Term 36 Gen Asphalt ... 39 \ 39% Otis Elev 70% 69% 70 70Vi Indus Chems— Allied Chem 268 Vi 268 Com Solv 26’, 25% 26 s * 26% Union Carb .... 75% 78% 79% 78% U S Ind A1c0.... *. .. 65 66% Retail Stores— Assoc Dry Gds.. 34% 34% 34% 34%

Gimbel Bros 11% 11% Kresge S S .29% 29% 29% 39% May-O Store... 43% 43% 43% 42% Mont Ward .... 35% 35% 35% 35% Penny J C .... 53% 53% 53% 53% Schulte Ret St.. 7% 7 7 7% Sears Roe 71% 71 71 72 Woolworth .... 63% 63 63 6244 Amusements— Bruns Balke 18'i 18 Col Graph 17% 16% 17% 16% Croalev Radio * 16 Eastman Kod 218% Fox Film A 17% 17 17% 47% Grigsby Gru 14% 14% Loews Inc 75% 75 75% 75% Param Fam 59% 57% 59’, 59% Radio Corp .... 40% 40% 40% 40% R-K-O 35’, 35% *3% 35% Schubert . 18% Warner Bros 28’, 27% 23% 28% Miscellaneous— Airway App .... 18% ... 18% 16% City Inc <se Fu 40 Congoleum 12% 12% Am Can 131% 130% 131% 130% Cone Can 55% 56% Curtiss Wr 6% 8% 6% 6% Gillette SR 69% 66 % 68 67% Real Bilk 45 43% 44% 43 Ulen 23% 23%

Retail Coal Prices

Coke, nut, size $ 8.75 Coke, egg size 9.25 Indiana forked lump 4.75415.75 Indiana egg [email protected] Indiana mine run 4.7547.5.00 West Virginia lump 6.75® 7.75 West Virginia egg.. 6.50 b 7.60 Kentucky lump 7.0068.25 Pocahontas shoveled lump ... 8.50 „ Pocahontas forked lump 950 Pocahontas mine run 7.50 New River Smokeless shveld.lp 8.50 New River Smokeless fkd. ip . 9.59 New River Smokeless mine run 7.50 Anthracite 16.75 25c per ton discount for cash

New York Bank Stocks

—Aug. 29 Bid. Ask. America 9* 94 Bank of United States... 38 39 Bankers 105 106% Brooklyn Trust 703 715 Central Hanover 342 346 Chase National 145 H 6 Chatham Phoenix Natl . 107 109 Chemical 68 69 City National 147 148 Corn Exchange 161% 162% Commercial 410 . 425 Continental 29% 30% Empire 83 83 First National 4.975 5.050 Guaranty 635 639 Irving 51% 52% Manhattan & Cos 113 114 Manufacturers 85 86 New York Trust 552 554 Public 104 106 Chelsea .-. 30 33

Produce Markets

Eggs (Country Run—Loss off delivered In IndlanaDolis. 20c; henery aualitv No. 1. 24c: No. 2. 24c. Poultrv (Buvinß Prlcse)—Hens. weighing 5 lbs. or over. 20c: under 5 lbs.. 18c: Leshorn hens. 14c: sprinßers. 4 lbs. or over 21c or under 4 lbs.. 19c: Leghorn sprineers. 15c: old cocks. 9@loc: ducks, full feather, fat whites. 9c: eeese. 6e These prices are for No. 1 top oualltv auoted by Kingan & Cos. Butter (wholesalei—No. 1. 41042 c: No : 37038 c. Butterfat—4lc. Cheese (wholesale selling price per pound'—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 27c: Longhorns. 34c. New York Llmberger 36c. Bn United Press CINCINNATI. Aug. 29.—Butter, steady; creamerv in tub lots, according to score. 360 39c: common score discounted. 2@3c; packing stock No. 1. 30c: No. 2. 25c: No. 3.15 c: butterfat, 38040 c. Errs —Bt.eadv: cases, included: extra firsts. 30c- firsts. 26c: seconds. 25c: nearby ungraded, 26c. Live poultry—Thin and coarse stock sells only e‘ heaw discount: fowls. 5 lbs. and over, 21c: 4 lbs. and over. 18c: 3 lbs. and over. 15c: Leghorns. 3 lbs. and over, 13c; roosters, 13c: coiored fryers over 3 lbs.. 35c: broilers colored over 2 lbs.. 24c: broilers over 1 1 2 ibs.. 22c; I*4 lbs. and over. 19c: Leghorns and Oroington broilers over l>i lbs.. 21c: 114 lbs. and over, 19c: broilers partly feathered. 15018 c; black springers. 18c. Bn United Press CHICAGO. Aug. 29—Eggs—Market steady; receipts. 8.442 cases; extra firsts, 27'4c: firsts. 26',4c; current receipts. 220 24c: ordinaries. 15021 c; seconds. 12016 c. Butter—Market steady; receipts. 9.537 tubs: extras. 33'4c; extra firsts. 37@37'4c: firsts, 350 36',4c; seconds. 330 34c; standards. 38'ic. Poultrv—Market unsettled: receipts. 3 cars; fowls. 20022 c: fowls, general run. 22c; springers. 22c; Leghorns. 15c: ducks. 15ff*19c: geese. 14c; turkeys. 18c; roosters. 14c; broilers, 22c. CheeseTwin. 18'4018'jc; voung Americas. 19c. Potatoes—On track. 254: arrivals. 123: shipments 738: market weaker: Wisconsin sacked Irish cobblers. Sl.8001.85: Minnesota sacked Early Ohios. $1.60; Colorado sacked Bliss Triumphs. $2.35. B" United Press NEW YORK. Aug. 29.—Flour—Dull; spring patents. s4.9sffi 5.25. Pork—Steady: mess. s3l 50. Lard—Easy: middle west spot, $11.55® 11.65. Tallow—Steadv: special to extra. s@s'ic. Potatoes—Steadv: Long Island. $103.15 barrel. Sweet potatoes—Weak: southern baskets. [email protected]: sotuhern barrels. $303.50. Dressed poultry—Steady; turkeys. 22®45c; chickens. 20@40c; fowls. 14®30c: ducks, 12@15c: ducks. Long Island. 15®18c. Live poultry —Steady; geese. 12016 c; ducks. 14®23c; fowls. 17®23c; turkeys. 20@>30c; roosters, 14c: broilers. 22®30e. Cheesev-Firm; state whole milk, fancy to special. 24@ 26c; voung Americas. 20@25c. Marriage Licenses Charles Henrv. 45, of Edinburg, laborer, and Fannie Owens, 40. 950 East Georgia. John O. Matthias. 50. of R. R. 17. Box 172. contractor, and Alice McCoy. 35. of 2203 East Washington. Albeit H. Rosebrock. 23. of R. R. 4. Box 590, gardener, and Irene S. Siedovf. 22. of R. R.. 4. Box 69. Richard A. Job. 21. of 5390 Pershing, salesman, and Margaret E. Miller. 18. of 3134 Ruckle, stenographer. Ira D. Wilhelm. 27. of 305 South State, salesman, and Delphia N. Stewart. 22. of 3022 Station, clerk. Otto P. Kehrein. 30. of 51 Schiller, pressman, and Thelma Rasor. 26. of 51 Schiller, clerk. Louis A. Redding. 28. of 963 North Pershing. tinner, and Mary A. Tolin. 21. of R. R. 17. Box 314. I. Warren Bosworth, 24. of 6220 West Washington, accountant, and Thelma-P. Rubush. 24, of 1401 North Tuxedo, muJames E. Blake. 21. of 33 Downey, dentist, and Ellen G. Stokes. 20, of 5249 Burgess, clerk. David H. Wright. 74. of 26 West Minnesota. teamster, and Louise M. Smith, 61. of 1039 Charles.

THE INDL4NAPOLIS TIMES

PORK MARKET STEADY TO 10 CENTS LOWER Cattle Show Weaker Trend in Cleanup Trade; Sheep Even. 1 Aug. Bulk. Ton. ReceihU 1 22. $11.404111.65 $11.65 4.500 1 23. 11.30011.59 11 50 2.0J0 25. 11.20 4x11.40 11 50 4.500 28. 11.35611.65 11.65 5.000 27. 11.454511.65 11.65 6.000 28. J1.30@1149 11 40 7.500 29. 11.006T1.30 11 35 4.000 Hog prices today at the Union Stockyards heldjsteady to 10 cents lower than Thursday's average. The bulk. 160 to 250 pounds, sold at sll to $11.30. Top price was $11.35. Receipts were 4.000; holdovers. 2,007. Cattle were lower with mostly a clean market, some classes ranging 25 to 50 cents down. Receipts were 8 000. Vealers‘unchanged, with a few good and choice yearlings selling from sll to sl2 down. Receipts, 6.000. Sheep and lambs were stationary, with good and choice grade of wither lambs selling at $9 to $9.50. Receipts, 1.000. Ctiica,go hog receipts were 14,000. including 3.000 directs; holdovers, 10,000. Market fairly active on light weights, fully steady with Thursday’s best, prices. Paying $11.25 to $11.40 for good to choic<yi6o to 220pound weights. Little done on other weights. Cattle receipts, 2,500. Calves 1.000 and steady. Sheep receipts 6,000 and unchanged. HOGS Receipts. 4.000; market, lower. —Light Lights—-(l4o-160) Good and choice . .$10.40® 19.75 —Light Weights—-(l6o-1801 Good and choice ... 11.30611.35 (160-200) Good and choice.... 11.30611.35 —Medium Weights— „„ (200-2201 Good and fthoice.... [email protected] 1220-500) Good and choice.... 11.00611.15 —Heavy Weights—-(2so-3501 Good and choice 10J50 @10.90 (290-350) Good and choice.... [email protected]'0 —Packing Sows—-(27s-500) Medium and good ... B.oo@ 9.25 (100-130! Good and choice.. 9.006.10.10 —Slaughter Pigs— CATTLE 'Slaughter Class') Receipts, 800; market, steady. —Steers—-<6oo-1.100) ■ Good and choice .....$ [email protected] Common and medium 6.00® 9.75 (1.100-1,500) Good and choice [email protected] Medium 7.00@ 9.25 - —Heifers—-(sso-850) Good and choice...; [email protected] Common and medium 6.0045) 9.50 Good and choice 6.00@ 7.50 Comon and medium 5.00@ 6.00 Low cutters and cutters 3.00@) 5.00 —Bulls (Yearlings excluded) Good and choice beef 5.25@ 7.25 Cutter, common and medium.. 3.75@ 5.25 CALVES AND VEALERS Receipts. 600; market, steadyGood and choice $11.50612.00„ Medium 8.50611.*0 Cull and common 6.00 6 8.50 —Calves—-(2so-300) Good and choice 6.25@ 7.50 Common and medium 5.006 6.25 STOCKER AND FEEDER STEERS (500-600) Good and chioce 5.50@ 7.25 Comomn and medium 4.00 6 5.„0 (800-1,050) Good and choice 5.50@ 7.25 Common and medium 4.506 5.50 SHEEP AND LAMBS Receipts. 1,000; market, steady. Good and choice S B.IS® 9.50 Common and medium 5.006 8.75 —Ewes— Medium and choice 2.50@ 4.00 Cull and common 1.00 6 2.50

! Other Livestock Bn United Press CHICAGO. Allg. 29.—Hogs—Receipts, 14,000. including 3,000 direct: good and choice. 180-220-lb. weights fully steady with Thursday’s high time at $11,150 11.35; top. $11.40: other weights slow; pigs and light, lights in over supply, unevenly lower; bulk desirable light and medium weight packing sows. $8.6009.10; light lights. 140-160 lbs., good and choice. $10.25 @11.20: light weights, 160-200 lbs., good and choice. [email protected]: medium weights, 200-250 lbs., good and choice, $10.85011.35: heavy weights. 250-350 lbs., good and choice. $10@11; packing sows. 2750500 lbs.. medium and good. $8.1009.15: slaughter pigs. 100-130 lbs., good and choice, $8.500 10. Cattle—Receipts. 2,500: calves, 1.000; very few choice cattle here; steady on strictly grain fed heavies and yearlings; all others 25c lower; instances 25 0 50c off on inbetween grades beef cows, cutters and butcher heifers: bulk latter being grassy and short fed kind: sprinkling fed steers. $10.50. up to $12.25: grassy and short fed offerings. s6@9: slaughter cattle and vealers. steers. 600-900 lbs., good and choice. $10.25012.40: 900-1.100 Jbs.. good and choice. $10.25@ 12.50: 1.100-1.300 lbs., good and choice. $10.25012.50; 1,3001.500 Ibs.. good and choice, $10.50012.50; 600-1.300 lbs., common and medium. $6.50 ffHO.2S; heifers. 550-850 lbs., good and choice. $10.25012: common and medium, $6010.25: cows, good and choice. $5.50@8; comon and medium. [email protected]: low cutter and cutter cows. $3.2504.50; bulls, yearlings excluded, good and choice, beef, S6O 7.25; cutter to medium. [email protected]: vealers. milk fed., good and choice. $10.50® 12; medium. $9010.50: cull dnd common. $7.50@9: stocker and feeder cattle, steers. 500-1.050 lbs., good and dhoice. S7OB 75: common and medium. [email protected]. SheepReceipts. 6.000: market, most.lv steadv: bulk good and choice native lambs. $8.50® 9; few. $9.25; bucks, $7.5008; Idaho lambs. $8.50 0 8.75 to packers; fat ewes. s3®4: slaughter sheep and lambs, lambs 90 lbs. down, good and choice, $8.25®9.35: medium. $6.75 0 8.25; all weights common, $4.7506.75; ewes. 90-150 lbs., medium to choice. $2.50 0 4.25: all weights, cull and common. $1.5003: feeding lambs, 50-75 lbs., good and choice. $6.75®7.75. Bit U’nited Press EAST BUFFALO. N. Y„ Aug. 29.—Hogs —Receipts. 4.200; holdovers, 200; general trade slow. 50ffi;60c lower; bulk. 160-200 lbs., $11.50® 11.65: sparingly, $11.75; 230260 lbs., $11.25011.50: packing sows. $8.25 @9: pigs, quoted $10010.25. Cattle—Receipts. 100: cows, unchanged; common and medium. ss® 6.25: cutter grades. $3''4.50. Calves—Receipts. 500: vealers stea *l4 down. Sheep—Receipts. 2.000: hoi -s. 800; lambs. 25 0 50c lower: slow at de(.ue: good to choice, $9.75010: medium and mixed offerings, $7.75®9; throw outs. $7 @7.25. t Bu United Press CLEVELAND. Aug. 29.—Hogs—Receipts. 1,300; holdover none, slow. uneven. 10® 25c lower: good and choice. 160-210 lbs.. $11.50 011.75; choice. 220-250 lbs.. $11.50; 250300 lbs.. $11.25 down: common light hogs. $10.75: pigs. $10; rough sows. $8.25; stags. $6.25. Cattle—Receipts. 425: steadv to 25c lower: several loads unsold, around $6.75 @8; steers predominating, cows and bulls also dull. Calves—Receipts. 50; good and vealers at $14014.50: steadv: plainer grades predominating and In a narrow dc- ■ mand: few medium natives around $10.50 012. and culls downward to $9. 50c lower. Sheep—Receipts. 1.000: good and choice lambs. $9010: heavy buck offerings. $7.50 @8.50; common and medium sorts. $5.50® 7.50; sheep steady; merely good wethers. $4. Bn United Press PITTSBURGH. Aug. 29—Hogs—Receipts. 2.000: slow, mostly 50c lower; choice. 170210 lbs.. $11.75011.85 : 210-270 lbs.. $11.25 011.75; 100-130 lbs.. [email protected]; packing sows, steadv: good light heifers. $7.25. Calves—Receipts. 150: slow, about steady with Thursday’s decline: top vealers. sl3; bulk better grades down to sll. SheepReceipts, 2.000: slow: indications, fat Jambs, around 25c lower: packing, $809.50. and good and choice kinds. LOUISVILLE. Ky.. Aug. 29—Hogs—Receipts. 8C0: market 25c lower: 250 lbs. up, $10.45: 165-250 lbs.. $11.10; 130-165 lbs.. $9.75; 130 lbs. down. 57.95: roughs. $7.45; stags. $6.85. Cattle —Receipts. 400: market steadv to 25c lower; prime heavy steers. $8.50® 10; heavy shipping steers. $7 @8.50: medium and plain steers. $5.5007; fat heifers, $5.50010; good to choice cows. $4.5006.25: medium to good cows. $3,750 4.50; cutters. $3.5003.75; canners. s2® 3.25: bulls. s4@6; feeders. $5.500 7; Stockers. s4® 6. Calves—Receipts. 300; market steadv; choice. $809.50: medium to good. $5.6007.50: common to medium. $4 @5. Sheep—Receipts. 400: market steady; ewe and wether lambs. $8 50: buck lambs. $7.50: seconds, s4® 4.50: clipped lambs. $3.5003.50. Thursday's shipmepts: Cattle, 457: calves,/74: hogs. 154: sheep, 489. CINCINNATI, Aug. 29—Hogs—Receipts. 37.000; including 1.800 direct: 1,600 heldover: slow, generally 25c lower: spots, 40c lower: with sows mostly 50c off: better grade. 170-230 lbs., $11.25 to mostly $11.40; tome 240-250-lb. averages downward to $11: 130-150 lbs.. $10.25010.50: sows, mostly $8: some. $8.25. Cattle—Receipts. 925; calves. 525: draggv. generally 25 to 50c lower: common and medium steers and heifers largely S6O 8: with more desirable kinds. $8.50010: one lot mixed veavltnvs about steady at $11: most cows, [email protected]; bulk low cutters and cutters. *3.0®4.00: bulls. ss® 6.50: vealfrs, mostly 50c lower: good and choice. sl6® 11.50: one slseable ’ot earlv at sl2: lower grades. $609.50. Sheen —Receipts. 1.250: lambs, steady to weak: spots. 50c lower: good and choice, mostly $9 0 9.50: with a sprinkling up to S10; trading very slow; sheep, steady; fat ewes. $2.50® 4: culls down to SJ. DUTCH FLIERS STRIKE AMSTERDAM, Aug. 29.—Tlie pilots of the Royal Dutch air line went on strike today, charging that Everett Van Dyk, who accompanied Captain Charles Kingsford-Smith on the Southern Cross trans-At-lantic flight, had tafn dismissed by the company.

Dow-Jones Summary

London. New York cables opened at i Be 11.7') ftff&ingt 487 Pari!' checks 123.77. Amsterdlm !1107. lufr 92 975. Berlin 20.39. OUTer Farm Equipment Company has omitted quarterly dividend of 75 cents on convertible participating preferred due at this time. Regular quarierly dividend of sl-50 on prior preferred Tas declared payable Oct. 1. record Sept. 10. Midvale Company declared regular quarterly dividend of $1 payable Oct. 1. record Sept. 13. Chief Justice Charles W. Mason of Oklahoma state supreme court signed, writ of prohibition to prevent state corporation commission from taking against the C. C. Julian Oil and Royaltles Company in its enforcement of pro-ration orders. Standard Oil Company of i dec i^ e t regular quarterly dividend of 62% cents common payable Oct. 1. record Sept. 1. Zonite products offers stockholders 140,785 additional shares at $lO In ratio of one for each five held bringing total outstanding to 845.556. Regular 25 cents dividend declared payable Sept. 10. record Sept. 5. Commercial Credit Company declared regular quarterly dividends of 50 cents on common *1.62% on 6% per cent first preferred 44% cents on 7 Der cent preferred/50 cents on class B. 8 per cent preferred and 75 cents on class A common stock all payable Sept. 30, record Sept. 19. F. E. Myers * Brothers in nine months ended July 31. earned $4.06 a common share against $4.77 a share in like period previous fiscal year. , American Home Products Corporation declared regular monthly dividend of 35 cents payable Oct. 1. record Sept. 15. June operating incom? of 104 telephone companies reported to I. C. C. $22,707,770. against $22,225,740 year ago. Six months $136,868,638. against $138,245,900 Arundel Corporation first seven months earnings $3 08 a share,, against $2.51 a share in like 1929 period. Brown Fence and Wire year ended June 30. net profit $450,080 after interest, depreciation and federal taxes against $624,930 In preceding twelve months. Lake Superior Corporation earned 3 cents in vear ended June 30. against 1 cent a share in preceding twelve months. United founders corporation declared regular quarterly dividend of 1-70 shares of common stock payable in common payable Oct. 1, record Sept. 2. International equities elects to directorate E. L. Phillips, president of Long Island lighting empire power United Gas and Electric and other companies. Sidney Bluementhal & Cos. declared regular Quarterly dividend of $1.75 on preferred payable Oct. 1. record Sept. 15. Voting trust formed for Celotex common stock. Quarterly dividend of *1.75 on referred due Oct. 1. omitted. Earnings for eight months ended June 30. 1930. amounted to *2.15 a share on 53,216 7 per cent preferred shares. Amalgamated Silk Corporation files voluntary petition in bankruptcy in federal court. Scovill Manufacturing Company declared a dividend of 75 cents, payable Oct. 1, record Sept. 15. Previous quarterly payments were sl. Canadian Pacific July net $3,213,056 against $3,892,657 in July. 1929. Seven months $12,619,109 against $20,249,488. , Niagara Hudson Power Corporation In seven months, ended July 31. earned 35 cents a common share against 36 cents a share in like 1929 period. Engineers Public Service Company and constituent, companies in year ended July 31, 1930. earned $2.82 a share on 1.843,431 common shares against $2.62 a share on 1,343,968 shares In preceding year. Nashville. Chattanooga & St. Louis July net. operating income $267,312 against 441.408 in July. 1929. Seven months sl,346,201 against *2.852.120.

Net Changes

Bu Prr*A NEW YORK, Aug. ? 23.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follow: Up. Off. American Can 130% American & Foreign Power 75% ... % American Telephone 214 ... % Bethlehem 82% ... % Consolidated Gas 106% ... % Fox Film A 47% .. . % General Electric ...... 1 73 % ... General Motors .... 44% ... % International Telephone... 40% ... % Loew’s Inc 75% ... % Montgomery Ward 35% 1 Public Service 92% % Radio Corporation 40% % ... Radio-Keith 35% . % Sears-Roebuck ...... 72 4% ... Union Carbide 78% % ... United CMorporation 32% United States Steel 170% Vanadium N444 82% ... ' Warner Brothers Pictures. 27% ... % Westinghouse Electric 149% ... %

Local Wagon Wheat

City grain elevators are paying 79c for No. 1 red wheat and 76c for No. 1 hard wheat

Cities Service Securities HENRY L. DOHERTY & CO. R. S. NORDYKE, Mgr., Local Office 70S Fletcher Savings & Trust Bldg. Phone Lincoln 7566-7567

NOTICE TO CUSTOMERS OF ALLIED COAL & MATERIAL COMPANY We are in position to take care of your Coal and Building Material requirements. Pocohontas Island Creek West Virginia Indiana Enos, “The Cream of Indiana’’ Citizens Coke All Sizes and Preparations . Cement, Lime, Plaster, Sewer Pipe, Etc. AS ALWAYS, CALL LINCOLN 7581 ALLIED COAL & MATERIAL COMPANY

Days . Excursion ■■ - Saturday Night | 1 AUG. 30th ■ Niagara s9*£° Italic Round Trip HmV ——— The Illumination Special Leaves ———■ Indianapolis 8:00 p. m. Lvs. Anderson 8:85, $9.00. Lvs. Muncic 9:25, $8.75 At. Niagara Falls 9:00 A. M. Sunday Morning August 31sti Returning Lvs. Niagara Falls <E. Time) 12 o’Clock Midnight Sunday Nigit, August 31 15 Hours Sightseeing at the Falls —■—— Your Opportunity to See the | Great Illumination at Night Ret. Arrive Indianapolis 11:00 A. M. Monday—Labor Day Buy Your Tickets Early BIG FOUR ROUTE

CORN FUTURES MOVE UPWARD ON BULL NEWS Crop Report Rumors Start Buying Wave; Prices Shoot Up. Bi/ T'nitrd Preat CHICAGO, Aug. 26.—Rumors that the preliminary figures of a local statistician revealed a corn crop of below 2.000,000,00 bushels spread over the Board of Trade today and caused a rush of buying that sent prices climbing upward. Shorts covered freely and sellers of futures were forced to protect hemselves. December went up more than 3 cents, while the best prices were not maintained. The market closed with sharp gains, wheat ascended with com early, but liquidation in September acted as a depressing factor. Oats also climbed on the strength in corn. Profit-taking and evening up for- the triple'holiday stemmed the rise. Liverpool Firm , At the close wheat was unchanged to 1 cent lower. Corn was 2 to 2% cents higher and oats were % to l a s cents higher. Provisions were unevenly lower to higher. Holding firm, Liverpool olosed % to M: cent higher. The Buenos Aires market was lower during the morning owing to the political troubles in that country, but it had no effect. Export business early was placed at 500,000 bushels. Trade was quiet with most people watching corn. Cash prices were unchanged to 1 cent higher. Receipts were 70 cars. Oats Shoot Up Corn started firm and continued to climb during the morning. December going as high as 95 cents. At mid-morning the market showed a. good advance of around I s * to 2 cents. Trade was very active early and buying insistent. Cash prices were to % cent lower. Receipts were 217 cars. Oats shot up sharply after a steady opening, the great strength in the com pit lending support. Trade was much quieter but fairly active. Cash prices were unchanged. Receipts were 101 cars. Chicago Grain Table —Aue. 29 WHEAT— Prev. Open. High. Low. Close, close. Sept.. .85% .87 .85% .85% .86% Dec... .91% .92% .90% .91 .91% Mar.. .95 % .97 .93 .95% .95% May.. .98 .99% .98 .98% .98% CORN— Sept.. .97% .99% .97% .99% .97% Dec... .93% .96% .93% .94% .92% Mar.. .95% .97% .95** 97 .94% May.. .96% 1.00 .96% .98% .96% OATS— Sept.. .39% .41% .39% .40% .40 Dec... .*B% 44’4 .43% .44% .43% Mar.. .45% .47 .45% -46% .45% Ma.v.. ,46% .48% .46% .47% .46% RYE— Sept.. . ;CT" t .80% .57% .59*4 .57% Dec... 63% .66% .63% .64% .63% Mar.. .87% .70% .67% .68% .67% May.. .69% .72% .69% .70% .68% LARD— Sept. 11.05 11.12 11.05 11.07 11.07 Oct.. 11.05 11.12 11.02 11.12 11.05 Dec.. 10.90 10.92 10.85 10.85 10.90 Jan.. 10.95 10 95 10.80 10.80 10.90 Feb 10.85 10.95 BELLIES Sept. 13.75 13.87 13.75 13.87 13.92 Bu T' h it erf Frees CHICAGO. Aug. 29.—Cash gram close: Wheat—No. 1 hard. 88@89%c: No. 2 hard, 88@88%c. Corn—No. 2 mixed. *[email protected]%; No.'3 mixed. $1.00%: No. 4 mixed. 99%c: No. 5 mixed. 98%@99c; No. 6 mixed, 98%c; No. t yellow. $1.00%@1.01%c: No. 2 yellow. *147 1.01%: No. 3 yellow. 99%c@ SI.00%: No. 4 yellow. 99%c: No. 5 yellow. 98'A@99c: No. 6 yellow. 98@98%c; No. 2 white. $1.04%@1.P5%: No. 6 white. 98%c: sample grade. 85@95%c. Oats —No 2 white. 40%@42c: No. 3 white. 40%@41%c R- - —No. 4.'58%c. Barley—s6@7oc. Tim-Othy-—*5.50@5 75. Clover—*[email protected]. B" Vviterf Press __ „ , , TOLEDO. O . Aug. 29.—Grain close: Wheat—No. 2 red, 91%@92%c. Corn— No. 2 yellow. $1.07%@i.08%. Oats—No 2 white. 44%@45%c. Rye—No. 2,80 c. Barley—No. 2. 62c. Clover—Domestic, prime choice new. $15.10; prime choice old. $14.55; prime new, *14.75, prime old. *14.25; Oct.. sls: Dec. $15.25: March, $15.75. Alsvke—Cash. $12.50: Oct., $12.75; Dec.. sl3. Butter —fancy creamery. 43@44c. Eggs—Country run, 24@27c. Hay—Timothy', $1.60 cwt. CITY WILL CLOSE LINKS Municipal goli courses, with the exception of South Grove, will be closed this winter, it was announced today. Park board officials are planning extensive ffnprovements at the courses. They will be ciosed about Nov. 1.

Marts Closed With the exception of Chicago livestock and potato markets and Indianapolis livestock, which remain open Saturday. all financial, grain and commodity markets of the country will be closed Saturday and Monday in observance of the Labor day holiday. The week's trade will start Tuesday.

Building Permits F D. McAJexander, 115 North Bradley, basement. s2oo John K. Byers, addition. 1403 East Nineteenth. SIOO, Maude Rsgsdale. garage. 526 North Sherman. *2OO Edward Ott. garage. 1325 Shelby. S2OO.

Indianapolis Stocks

—Aug. 29 Bid. Ask. Amer Centra! Life Ina 50..1,000 Belt R R & com 52 59 Belt R R & S Yds Cos pfd... . 55 61 Bobbbs-Merrtll Cos 29% 33% •Central Ind Power Cos pfd 89% 94 Circle Theater Cos com 106 Citizens Gas .. 27 •Citizens Gas pfd 96 100 •Commonwealth L Cos pfd 7%.. 97 102 Commonwealth L Cos pf 8t4.. 99 Hook Drug Cos com (new).... 22% 25% Ind Hotel Cos Claypool c0m..125 Indlina Hotel Cos oref..i.. .TOO 104 •Indiana Service Corp pref.. 84% Indianapolis Gas Cos com 57 60% Indpls North Western Indpls Power k Lt. pfd . .101 105% Indpls Pub Wey Loan As com 52 Indpls St Rv Cos pfd 11 Indpls Water Cos pfd . ...’. 101 103 Northern Ind Pub 6% co pfd 100 101% Northern Ind Pub 7% co pfd 108 Interstate Pub Serv 7% 101% 104 Interstate Pub Serv 6% 89 93% •Metro Loan Cos 99 Northern Ind P 5%% co pfd.. 92 97 Progress I aundry Cos c0m.... 44 47 E. Rauh & Sons Fer Cos pfd.. 47 Real Silk Hosierv M Inc pfd.. 90 Shareholders Investors Cos 23 Standard Oil of Ind 49% T II I k E Pfd 7 •Terre Haute Trac L Cos pfd... 78 Union Title Cos common 40 45 Van Camn Prod Cos Ist pfd 96 Van Camp Prod Cos 2nd pfd.. .. 98 •Ex. Div. 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 55.... 42 Home I & T of Ft. Wayne 6s. 102 Ind Ry k Light Cos 5s 95 Indiana Service Corpn 5s .... 88 Indpls Power & Light Cos 55..100 101% Indpls Cos! & Trac Cos 6s 90 97 Indpls Gas Cos 5s 100 102 Indpls & Mart Rapid T Cos 5s 10 Indpls Northwestern Cos 9 Indpls Street Ry 45... 29 30 Indpls Trac Ter Cos ss. 82% 84 Indpls Union Rv 6s 100% . * Indpls Water Cos 5%s 103% 105 Indpls Water Cos 5s 99 Indpls Water Cos lie & ref.... 99 Indpls Water 4%s 94 96 Indpls Water W Sec Cos 65.... 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 5s 102% ... No Ind Telephone Cos 6s 98 % 100 T H Ind & East Trac Cos 55.. 70 T H Trac Light Cos 5s 85 •Flat. —Sales— T H I & E pfd 10 shares at 9 54.000 Fire Believed Set Bu United Press WARSAW, Ind., Aug. 29.—Fire which police say was of incendiary origin early today destroyed the three-story frame residence of Frederick Hepler, entailing loss of $4,000. The building was vacant. It is believed the fire started in an upper story.

If you have surplus funds awaiting investment.. investigate American Loan 8% Tux-Exempt Preferred Steel* The earning power of the company justifies the dividend rate . . . and. after all, is this not the basic principle of sound investing? Circular on Request MMBB3ESB I NVESTMGNTS 820 N£W CIRCLE TOWER BUILDING LI ncoln 5222 Indianapolis

MrvTiri? "hlled the I II It J I |l> fj ALLIED COAL I " A &VU AN D MATERIAL COMPANY, WE WANT TO LIQUIDATE AND DISPOSE OF THE FOLLOWING IMMEDIATELY: Paints and Finishings ot all Kinds j 14 W. Ohio St. All Rinds of Paints and Painters’ Equipment. If interested in these Hems, call at above address or phone j Mr. Sam Williams at TAlbott 7000 Building material and equipment at 2112 Northwestern Are. 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. Miller or E. G. Kemper, in care of Johnson-Maas Company, 1012 E. 21st St. Phone TAlbot 7000 or HEmlock 2666.

South America Visit jhc gay Latin cities below the equator—the never-ending romance of the sea—different scenes, climate, peoples—all combine to attract the traveler to South America. The great Southern Continent is a New World for the Traveler. We Are the Official Agents for ALL Steamship Lines ' and Principal Tourist Companies RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis ftIJNION TRUSTS Sgffi 120 East Mar ket Street El ley 5341^

PAGE 17

DISSENT HEARD ON NEW GRAIN RATEDECISION Omaha Exchange Claims I. C. C. Order Will Bottle Up Home Market. \ \ Bv United Press WASHINGTON. Aug. 28—The attack has started on the Interstate commerce commission's grain rate decision of July 1. promulgated under the Hoch-Smith resolution and hailed as a measure of farm relief. The decision affected rates on wheat and coarse grains in western territory and for export and the I. C. C. said Its ruling represented "on the whole substantial reduction." Western lines some days ago asked the commission to postpone from October to January the date when the new tariffs should become effective, and promised later to file a petition for rehearing. But before this occurred attack had come from the Omaha Grain Exchange, which claims in its petition for rehearing and reconsideration that rates affecting that territory bottle up the Nebraska grain market and thus affect not only the producers of that state, but also touch the grain trade in the Mississippi valley and grain exports through gulf ports. The commission's order, ths Omaha protestants declare, provides for a rate on grain products from Kansas City to St. Louis of 9 cents per 100 pounds and from Omaha to St. Louis of 13 cents per 100 pounds. The rates supplanted by these new ones have been in force for almost thirty years and were the same from both cities to St. Louis.

ATTENTION, FARMERS! Save Your Corn Crop mmtmmmmssmmmmmmsmmasmsmmmmmmmsmssm Wc ran take onlers and erect soon a limited number of farm silos for this year's filling. THE NEFF & FRY SILO CO. rhone 193 and 188 Camden. Ohio