Indianapolis Times, Volume 42, Number 99, Indianapolis, Marion County, 3 September 1930 — Page 10
PAGE 10
■'STOCK LEADERS LOSE STRENGTH IN DULL TRADE faking and Oil Shares Are Strong Futures at Mid-Session.
Average Stock Prices
Avertiw of thlrtv Industrials for Tuesdv was 240.42. unchanaed. Awerage of twenty rails was 131 60. up .32. Averaze of twenty utilities-was 86.66. off .10. Average of forty bonds was 97.09, up .91. Bu f’niled Press -NEW YORK. Sept. 3.—A sharp rise in baking stocks, steadiness in oils and advances in a. few special issues were the high lights of the morning session on the Stock Exchange today. Leading industrials moved back 'snd forth, the majority sagging below the previous close in dull trading. Traders were cautious about placing commitments. ,For the third time since June the Dow Jones and Cox industrial average has risen to a fraction above 240. On July 18 it reached 240.57 from the low of the year of 211.84, made on June 17. Then it immediately declined to 229 29 on July 21, and turned up to 240.81, made on July 28. Last Friday it reached 240 42 and was unable to break through that level Tuesday. Stocks in Demand Traders were nervous lest the market start another decline similar to those which followed the advances which culminated on July 18 and 26. Hence trading was on a small scale and wholly professional. Ward and Continental Baking isues were in demand. Ward A soared 7*4 points to 31, while the B stock was up 1% at 9. Continental A rose 2 points to 29 and the B 3 to 4*4. The reason for these advances was not considered traceable to lower flour pricer, inasmuch as flour is considered only a minor expense in making of bread. In the special ijsues. Electric Auto-Lite spurted 3 points to 70 and gains of more than a point were made by Commercial Solvents snd National Cash Register. Steel held around 171 after an early dip. At (hat. level it was up % net. Radio Corporation sold at 'S9 5 4, off *4; and other usually active issues declined smaller amounts. Coppers Irregular Kennecott Copper was placed on a $2 annual dividend basis, a reduction of $3 in the annual payment. The stock had touched 3314, off %, in the early trading, but when the bad news of the dividend reduction was out of the way it rallied to around the previous close. Other coppers were quiet, with the exception of International Nickel, which was turned over in large blocks. Shortly after noon Radio Corporation was heavily sold. Amusement i hares declined fractions to more than a point. Utilities held steady. Rails were quiet. Cajl money Renewed at 2 per cent. Cut the tone was firmer.
Bank Clearings
INDIANAPOLIS STATEMENT — Bspt. 5 C)** rings * 3 .50i.000 Debits 7,149,000 CHICAGO STATEMENT —Sept. 3 1 Clearings $112,400,000 Balances 8,000,000 NEW TORK STATEMENT —Sept. 3 Clearings $1,234,000,000 Balance 144.000.000 Federal Res. Bnk Cr. Bal . 140.000,000 TREASURY STATEMENT -skpt. 3 Met balance for Aug 30 $103,667.155.02 Expenditures ~3L . 6.566.084 96 Customs rect.s month to. date 32.082.588 57
New York Bank Stocks
—Sept. 3 Bid. Ask. America 86’a 98 i Batik of United 6tates 40'4 41st Bankers 146 ft 147', \ Brooklvn Trust 135 742 Central Hanover 345 349 Chase National 148' j 14714 Chatham Phoenix National 106 ft 109 Chemical ... 67’ 88’4 Citv National 251 252 Corn Exchange 183 165 Continental 30 30'4 Empire 82 84 First National 5.040 5.090 Guaranty 636 640 Irvin* 51 1 a 52 Manhattan * Cos 117 118 Manufacturers 86 86' j New York Trust 255 257 Public 105 106 ft Chelsea 31 34 New York Curb Market (Bv Thomson & McKinnon) * —Sept., 3 Open.! Open. Am Com Pwr.. SlftlNst Inv 13*4 Ark Gas A 95ft;Newmont Min.. 85’ Brasil P & L.. 35'. Nla Hud Pwr.. 16'* Can Marc 4ft Pantepee 2'-* elites Serv 28ft Penroad 10 s * Cord 8 :Prin As Whtly.. 10ft Crocker & Wh. 18 iShenandoah ... 9’ Durant M0t.... 4 Std of 1nd.... 49V* Elec Bond Sh.. 83 !Std of Kv 31 Ford of Eng 32ftiTr Air Tr Bft Fox Theater . llft’Un Gas inewi.. 15ft Goldman Sachs 19 jUn Lt & Pwr.. 41 Gulf OH 118 ft Un Verde 9 Ind Ter A 29ft*Ut In Ind 14ft Int Pete .... 18 Vacuum Oil ... 78ft Midwest Ut- 30 jWalcreen 33ft Mo Kan Pipe... 20ftI NEW YORK COFFEE RANGE High. Low. Close. January Sfl3 . .. 5.92 March 5 90 5.71 5 90 May 5 85 5.75 5 85 July 5.86 5 75 5.85 SSSSSrIit tS til FUNERAL RITES SET FOR CRASH VICTIM Services Will Be Held Thursday for Mrs. H. C. Tyson. Funeral services will be held at 2 Thursday at the W. H. Richardson funeral establishment, 1801 North Meridian street, for Mrs. Herbert C. Tyson, 29. t>f 2035 North Meridian street, who died Tuesday in a Lafayette hospital from injuries sustained in an auto accident at Earl park Friday.' v The crash occurred when Tyson, editor of the Columbian, official Columbia Club publication, swerved his car to avoid striking a small boy on the highway. Survivors are the husband and a sen Jack. Burial will be in Crown Hill cemetery’. DELIVERY BOY ROBBED Drug Store Messenger Is Held Up I by Gunman ’‘Customer.'’ A gunman who ordered several bottles of soft drinks delivered to a false address from the Barnhart pharmacy, 39 East Thirty-fourth street. Tuesday night, held up* the store’s messenger, Robert Sherick. 14. of 537 East Thirtieth street and robbed him of almost $lO.
New York Stocks
—*rt 3 , Railroad*— I High Low 11 39 Close i i vhikfln 2v9 \ Bal* A- Oh,o 102 101% 101% 1% 1 Ch-St A- Ohio 4934 49 >, 49% 49% 58W#5.7.::: ::: ; gVSIT.'.::::: ::: .* Del A; Hudson • • ••• Illinois Central J>3% Lou A- Hash ••• ■■■ llf£ M K A' T 41*4 • 4 1 5 Mo Pacific ••• ••• ,SS*4 S?Vc C eM and 163 162’ 2 162-2 is NY NH ti H I’! Norfolk Ac West 22j O Ac W ■■ fa Pennsylvania .111 4 Reading 109% ... So Pacific 116 116 iSnuthem Rv 85% 83% igt Paul 14% 15 ISt Paul pfd 23 22', 22*4 23 4 ISt L A- S F 91-2 Union Pacific -20 ;W Maryland 244>j 24 -4 24-2 Equipment*— Am Car & Fdy 52 52 Am Locomotive -31 *4 30', 31 4j Am Steel Fd v -• 37% ‘Am Air Broke S 44% iGen Am Tank 86% 86 88% 86*, j General Elec 72’, 72’. 72-, 72Gen Rv Signal 32 ;N Y Air Breke 46 iPrels Stl Car ’ Pullman fj 1 * (Westlngh Ar B ■■ ~jli 38 I West In gh Elec . 151% 149-2 150 , 151 i Rubbers— Firestone ■ • Z J„ 'Fisk 1% l' * 3 4 * § jGoodrich ./ 22*. 22% 22’? 23 Goodyear 52’. 52’, 52’, S3 Kellv Pprgfld ... 3% 3’ 3-2 3’, Lee Rubber . ■■ 4* J S Rubber . 21% 29% 20’, 20’, Auburn 119 117 119 1'9% | Chrysler •• 28 27% 27 , 28 a Gardner , - - .5.. gs l Mo,orE . $: Mm a**: Mi :::::::: :: ::: * | Marmon 1 Math 34*4 34 £S kard :::::::: i?,% !?% M jf,*? Motor Access— Am Bosch 33 ,ig 2 Bendlx Aviation ■ *l- !& Warn " -• 21’. 20-2 20’. k Eaton 23-. 24 | El Storage B Sjj. * Hayes Body . . . . -2,* I Hoods 8% 8% fa 8. 4 i Sparks W 22*. 22 -2 21 Stewart Warner 26’, 26’. 26’. 26 2 Ttmkin Roll * Am Smelt . . 69% 69 69 68 , Anaconda Cop 45 44’a 44 . 44 a Cal & Hecla . 13*. 13 13’. 13’. ! Cerro de Pasco, 43’, 43 43 Dome Mines 8% B’. 2 Freeport Texas 44*. 44 44 44 i Granby Corn “t* Great Nor Ore • ■- 20-/ Howe Sound 28*, 29 Int Nickel 24’, 24*. 24*4 -4*. Inspiration ‘J 2 Kennecott Cop . 33*4 33*. 33% 34 Magma Cop . . - • 30** 30% Miami Copper .. 14*. ... 14*. 14 . Nev Cons . - • - *3* a *“ Texas Gul Sul.. 59 59’ 2 58 08*4 Oils— 0,1 021/ Amerada 24 4 24. Atl Refining 33*4 33.* Barnsdall 225 Beacon I* . Houston 76’? 76’k 76% 76’, Ind Oil 2a- 25’, 23’ 1 25 tniUm Refining II * Mex* SB D . 22 21’ 2 21-2 22 Mid Conti . 23 23 FhllllpS • . 33’* 33>2 33 2 334 Pr Oil At Gas ■ • • ■ ■ 34 s . Pure Oil 20 J9’s 20 20 Richfield 15 14’. 14’, 14’, Roval Dutch ... 49’ 2 49 49 49 , Shell Un 14’* 14*, 14*. 14 2 Simms Pt „ I?;? Sinclair 21*/. 21% 21 ,2 21*g Skellv 27*. 27’, 2 27’2 ill 4 Standard of Cal 60’i 60 5 * 60** 60*/. Stanrdard of N J 69% 68’, 68% 89 2 Standard of N Y 31’4 31’/, 31’. 311, Texas Cos 51*4 51% 51% 51‘A • Union Oil 40 4 Mills. . 54% 53 54% 52% Bethlehem ... Ba’* 85% go’s 84% Bvers A M. ... 76*. 74% 76 75% Colo Fuel 50% Ludlum 23’* 23% 23’. 23% Rep'fh'l At S 36 35 35 35 >4 US Steel 171% 170% 171 170*. Vanadium ...... 83 80 V* 52 ■ ® YounßSt. 6& W 39V2 39*4 39 17 2 39 Tobaccos— nl/ .. Am Sumatra ... 13 12’* 12’* 13 Am Tob IB’ 25] Sg’-fc OMIW 0 MIW 3.101% 100% 100% 101*:, Revfiolds Tob 53 51% 51%- 62 /8 Tob Pr A 12 11 a 12 1United Cig 4 7 7 „ Adams Exp -- - - - Arti For Pwr .74 <3% <83% 73 * Am Pwr At Li... . • - - L?® AT&T 214’* 214% 214% 215 Col Gas & El . 60% 60 60 ~ 60% Com & Sou . . 14 13% 14 13% El Pwr & L 1... 72% . 71 71 72’, fntlT&T:: 40% 40% 40% 40*4 I Nat.l Pwr At Li. '47’4 46% 46% 47’* No Amer Cos . ..107’4 106*. 106*, 107% Pac Gas & El 2 7 % So Cal Edison ■■■ 56% Pub Ser N J 92% 92 92 93 Std G & El .106*s 105% 105% 1032* United Corn 34 33% 33% 34 Ut Pwr &L A .. ;i . 36% 36*. West Union 173% 1<2% 173% 174% Am h lntl Corp .. 36’, 36*4 36% 37-1 United Fruit 68% 89% v Foods— ..., Am Sug 54 4 Armour A ... * 4 Can Drv 4% 4% Childs Cos 55% 56 . Coca Cola ; • ... 17 2 Cont Baking A.. 28*. 27% 28’/4 27 Corn Prod 94 Gen Foods 57% 57*a o,’ 57% Grand Union * j’ 1 /. Hersey 99 Jewel Tea .... 49*4 -- . Kroger .24 33% 26 -6-a Nat Biscuit v J3% 84 Pillsburv 32% 3" * Safeway St • • * 7 ®. Std Brands -o** 20% .o’.: Ward Bkg 7% 7 7 Cos% 17% 16*4 17% 17 Lambert Cos .. 92% Lehn & Fink .. 27% 27 27% 27 Industrials — .... Am Radiator ... 27*'a 27% 27’/* 27% Buth Term 35% Gen Asphalt 42 41 Otis Elev ... 69’, 70 Indus Chems— Allied Chem 375 274*, Com Solv 27*. 26*4 26*, 27% Union Carb 80 79 79 79*4 U S Ind Alco. .. 68% 68% 68*. 68% Retail Stores— Assoc Drv Gds.. 36 Gimbel Bros 11% Kresge S S , 30 Mav t) Store 44-4 44% Mont Ward . 37’, 36% 36*. 38*4 Pennv J C 54% Schulte Ret St. 7% 7% Sears Roe 75 73% 74% 7.6 Woolworth * 62*4 63*4
Produce Markets
Errs (Country Run)—Loss off delivered In Indianapolis. 20c: henerv aualitv No. 1. 24c: No, 2. 24c. Poultry (Buying Prlcset— Hens. weighing 5 lbs. or over. 20c: under 6 lbs.. 18c: Leghorn hens. 14c: sDrlnsers. 4 .lbs. or over. 21c or under 4 lbs.. 19c: Leßhorn sprinßers. 15c; old cocks. 9®loe: ducks, full feather, fat whites. 9c: eeese. 6s. These prices are for No. 1 too oualltT. ouoted by Kinßan <fc Cos. Butter i wholesale •—No. 1. 415142 c: No. e 37® 38c. Butte rfat—4lc. Cheese (wholesale selling price per pound)—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c: Longhorns. S4e: New York Limberger 36c. Bv United Press NEW YORK. Sept. 3 Flour-Dull and lower spring patents. $4.85®5.15 per barrel!. Pork—Steady: mess. s3l 50 per ba--rel. Lard—Firmer: middle west sp,\ t11.75g11.85. Tallow—Steadv: special i' extra. 5 to 5%c per lb. Potatoes—-Quiet and easv: Long Island, $103.15. Sweet potatoes—Easv: southern baskets. 50 c® *1.35: Southern barrels. M050®14. Dressed poultry—Quiet: turkeys. 22550 c; chickens. 20®40c: fowls. 14®30c. ducks. 12® 15c: ducks. Long Island. 16019 c. Live poultry—Dull; - gese. 11® 16c: ducks 14® 23c: fowls. 17 5 23 c: turkeys. 20030 c: roosters. 14c: broilers. 21®30c. CheeseFirm; sUte whole milk, fancy to special. 24"526c; young America. 20025 c. Bv United Press ' CHICAGO. Sept, 3.—Eggs—Market, firm: receipts. 13.610 cases: extra firsts. 28c: firsts. 27c: current receipts. 25® 2*c: ordinaries. 16022 c: seconds. 12017 c. But-ter-Market. steady; receipts 13.923 tubs; extras. 38'jc: extra firsts 37037'ac: firsts, 35036Hc: seconds. 33 0 34c: standards. 38%c. Poultry—Market, steady: receipts. 5 cars: fowls, general run. 32c: springers. 22c: Leghorns, 15c: ducks. 15019 c. eeese. 14c: turkeys. ' 18c; roosters. 14c: broilers. 22c. Cheese—Twins. 18VS 18' 2 c: voung Americas. 19c, Potatoes—On track. 243: arirals. 28: shipments. 563: market, steadv to weak: Wisconsin cobblers. *3n 2 10: Colorado sacked triumphs mostly $2: Idaho sacked triumphs. $1.5001 80 Minnesota Cobblers. *1.7001.85: early Ohlos. $1.6501.70. Bu United Press , _ , _ .. CINCINNATI. O. Sept 3—Butter— Steadv: creamery in tub lots according to common score. 36039 c; common score discounted 203 c: packing stock No. 1. 30c; No. 3.25 c; No. 315 c; butterfat, 38® 40c, Eggs—Steady: cases included, extra firsts. 30c: firsts. 26c: seconds. 25c: nearby ungraded. 26c Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 21c: 4 lbs. and over. 19c: 3 lbs, and over. 15c: Leghorns. 3 lbs. snd over. 13c; roosters. 13c; colored frvers. over 3 lbs.. 23c: broilers colored, over 2 lbs.. 23c; broilers over IV lbs.. 22c; l’ lbs. and over. 20c: Leghorns and Orpington broilers over IV lbs., 22c: l' lbs. and over, 19c: broilers partly feathered. 15018 c; black springers,. 16c Bv United Press CLEVELAND. Sept 3.—Butter—Extras. 43 Vc; extra firsts, 43 %c. Eggs—Extras. 33c; ftr*s. 3*c. Poultry—Fowls. 33c: . med;um. 14017 c; heavy broilers. 31035 c: Leghorn broilers. 20023 c: ducks. 10030 c; aid cocks 14015 c, geese, 30c. PotatoesNo ouote*
ißy Thomaon & McKiaaont*
Amuaemeiita— Col Graph 17% 17% 17% 17% Croalev Radio .. IS% 17% 17% 18% Eastman' Rod . 319*. 218 219% 218 Fox Film A .... 50?. 50% 50% 51% Grigsby Oru .. . 14% 14% 14% 14% Loews Inc .. .. 78% 77% 78 78** Parana Fam .... 61% 61% 61% 61% Radio Corp ... 40% 39% 40% 41% R-K-O 36-4 35% 38 38 Schubert 18% Warner Bros 32% 31 % 32 32% 5f lscell a neous— Atfway App . .. 18% 18 18’4 17% Congoleum 12*. 12%. 12% 12% Am Can 131% 129*, 139% 130% Cent Can 66% 56% 56% 57 Curtiss Wr . ... 8% 6% 6*4 6*4 Gillette SR. 65% 64% *4% 65*4 Real Silk . . 43% 43% 43%
RECOGNITION OF RUSSIHDVISED Senators, Communism Foe, Report Big Market. By Cnitrd Pree* MEW YORK. Sept.. >3.—United States recognition of Russia was urged by two senators and an official of the National Security League who returned here today aboard the Leviathan from a visit to the Soviet republic. S. S. Stanwood Menken, chairma*h of the board of dhe National Security League, a_ foremost foe of C(*inmunism in America, declared that although his views on Communism had not changed, “we are hiding our heads in the sand, if we do not recognize Russia,” Senator Burton Kt* Wheeler of Montana and Senator Barkley of Kentucky both claimed they had been “softened" by their tour through Russia. Speaking, of Russia as an outlet for American manufacture. Wheeler said: “Were a bunch of suckers if we don't take advantage of the greatest potential market for American made products. Russia wants and will use what we make. The rank and file are a friendly people.”
In the Stock Market
ißv Thomson & McKinnon) NEW YORK. Sept. 3.—Some criticism may be directed at the degree thrift is being practiced as measured by our huge savings deposits. Nevertheless, these mountings savings represent potential buying ftower. Just as fear and caution have given rise -to this savings attitude, so will a. return of confidence create a desire to spend. Circulation of money and employment of wealth constitute the life blood of industry. The seebnd consecutive increase in carloadings suggests that business is definitely expanding. It is encouraging also to nbte the rising hopes for the motor industry. We regard as worthy sign the improved demand for alloy steel from automobile manufacturers. August orders are said to be the largest for any month- of the year. That business housecleaning has passed its peak, is ■ gathered from the August report disclosing the smallest' number of business failures for any month in 1930. This has. added significance in that it means our strong companies will have less competition and be better able to profit' when busings does revive. It is natural that the stock market should encounter some resistance at this point.. However, it will take but little goqd news from business to further stimulate confidence in improving security values.
Indianapolis Stocks
, —Sept, a— Bia. Ask. Amer Central Life Ins So. 1.009 Belt. R R & Yds Cos com 50 55 Belt R R, & S Yds Cos pfd 54 Bobbbs-Merrill Cos 29 % 33% ‘Central Ind Power Cos pfd . 89% 93% Cir-.le Theater Cos com 106 Citizens Gas 27 “Citizens Gas pfd 96 102 •Commonwealth L Cos pfd 7%, 97 102 Commonwealth L Cos pf 8% .. 99 Hook Drug Cos com inewi,, 22% 25% Ind Hotel Cos Claypool pom.. 125 Indi.na Hotel Cos ores .100 104 •Indiana Service Corp prefT. 84% Indianapolis Gas Cos com,,. 57 60% Indpls North Western . Indpls Power & Lt, pfd 105 106’, 2 Indpls Pub Wev Loan As com 52 Rv Cos pfd 10 It Indpls Water Cos pfd 101 103 Northern Ind Pub 6% co pfd. 100 101% Northern Ind Pub ’i r - co pfd 107 Interstate Pub Serv 7% :.101% 104 Interstate Pub Serv 6% 88 89 •Metro Loan Cos 99 Northern Ind P 5%0 co pfd, 92 97 Progress laundry Cos com,, 44 47 E. Rauh & Sons Fer Cos pfd, 47 Real Silk Hosiery M Inc pfd, 90 Shareholders Investors Cos 23 Standard Oil of Ind 49’/* T H I * K nfd ... 7 •Terre Haute Trac, L Cos pfd, 78 79 Union Title Cos common 40 45 Van Camp 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’A ... Central Ind Power Cos 6s 98% Citizens Gas Cos 5s 101 102% Citizens Street Railroad 5s 42 Home Is T of Ft Wayne 6s. 102 Ind Ry & Light Cos 5s 95 Indiana Service Corpn Ss ~ 88 Indpls Power & Light Cos 55., 100% 101% Indpls Col & 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 4s 29 30 Indpls Trac Ter Cos 5s 82% 84 Indpls Linton Rv 6s 100** 102 Indpls Water Cos 5%s 103 Indpls Water Cos 5s 99 Indpls Water Cos lie & ref 99 Indpls Water 4%s 94 90 Indpls Water W Sec Cos 55,, 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 55,. 102% No Ina Tuleohone Cos 6s 98% 100 T H Ind & East Trac Cos ss, 70 T H Trac Light Cos 5s 85 •Flat. —Sales— Indpls Power &Lt pfd. 10 shares at , 9 Belt RR & Yds Cos., com. 20 shares 52 Indpls P * L, 6 bonds at 100 W
Net Changes
Bv United Press NEW YORK. Sept. 2.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Dp. Off. American Can 130% ...' l’i American and Foreign Pow 73 s * ... 2 American Telephone 215 ’ Auburn Auto U9’- 8% ... Columbia Gas 60’- ... 1 Consolidated Gas 108’. V 4 Fox Film A 5l 5 4 2 General Electric 72V General Motors 48’ 1% ... bJternattonal Nickel ex divy 24V % ... Loews Inc ~.. 78 s . *4 ... Montgomery Ward 36% V ... Packard 12% % ... ■Pennsylvania 74' % Radio 41W Radio-Keith 35'* . . Sinclair 21* j Standard Oil New Jersey . 69% . % TTnited Corporation 34 'V ... tJnited States Steel 170% % vanadium 83% . .2’ Warner Brothers Pictures.. 32 2%* Westinghouse Chicago Stocks Opening ißy James T. Hamill & Cos.) —Sept. 3 Auburn Motors 120’i; Insull com 58 Bendix Avia . . 3! s 'lnsull nfCTT 92 Borg Warner .. 29%t Majestic Hsehold 53 Cord Corpn ... "VHarshal! Fields 39% Chi Corpn com 11V Midland Dn pfd 44% .Chi Securities. 2SV Mlddlewest com 30% Gen Thea Eouip 36*4(Swift & Cos ... 31% Grigsby Orunow 14MT| D 6 Radio & T 24 Houdl B . . •%[ DtU 5k lad com 14 lilac Household 46<4i
THE INDIANAPOLIS TIMES
PORKERS SHOW UNEVEN TREND AT STOCKYARDS Cattle Prices Steady; Veals 50 Cents Lower at 1.50 Down. Aug Bulk. Top Ricslpf* 26 511.35® 11 65 511.65 S.O<W 27. 11.45®T1.65 11.65 6.000 28 11.30311.4(1 11 40 7.500 29 11.00? 11.39 11 35 4.000 30. 11.20 11.20 2.000 SPt. 2 11 35 11.35 7,500 3. 11,25011.35 11.40 4.500 Pork market at the city stock yards today held irregular, with prices ranging steady to strong on weights above 200 pounds, light weights were selling mostly 10 to 35 cents lower than Tuesday's best prices. The bulk, 160 to 200 pounds, sold at sll to $11.25. 200 t 250pounders were selling at SIT2S to $11.35. Top price was $11.40. Receipts were estimated at 4,50 ff Holdovers, 593. Cattle prices were mostly unchanged. but a cleaner grade of steers were reported weak. Receipts. 1,300. Veftlers largely 50 cents lower selling at $11.50 down. Receipts steady at 900. Sheep and lambs mostly stationary, with a better grade of ewe and wether lambs selling at $9 to $9:50. Receipts were reported at 1,000. Chicago bog receipts 12,000, including 1.000 directs. Holdovers 8,000 Market slow, with a few early sales and bids on 180 to 210-pound averages mostly 10 to 15 cents lower at sll to sll.lO. Asking $11.25 for 200 to 230-pound weights. Cattle receipts 12,000. Calves were 3,000 and steady to 25 cents lower. Sheep 23,000 and unchanged. HOGS Receipts. 4.590; market, steady. —Light Lights—-(l4o-1601 Good and choice. $10.25010.50 —Light Weights—-(l6o-1801 Good and choice.... 11.00011.10 (160-2001 Good and choice... [email protected] —Medium Weights—-(2oo-2201 Good and choice... [email protected] (220-5001 Good and choice... [email protected] —Heavv Weights—-(2so-350) Good and choice [email protected] (290-350) Good and choice ... 10.50011.00 —Packing Sows—-(27s-500) Medium and good.. 8.00 0 9.25 (100-130) Good and choice. . 9.00010.00 CATTLE (Slaughter Class) Receipts. 1,309; market, steady. —Steers—-(6oo-1.1001 Good and choice 5 9 [email protected] Common and medium 6.00® 9.75 _ (1.100-1.500) GoSd and choice 9.25 0 12.00 Medium 7.50® 9.25 —Heifers — (550-850) Good and choice 9.500;11.75 Common and medium 6.00@ 9.50 Good and choice 5.75® 6.50 Common and medium 5.00® 5.75 Low cutters and cutters..... 3.000- 5.00 —Bulls ’Yearlings excluded) Good and choice beef 5.25®) 7.26 Cutter, common and medium.. 3.75® 5.25 CALVES AND. VEALERS (Receipts. .990; market, lower. Good and choice $11.00011,50 Medium B.oo® 11.00 Cull and common 6.00® 8.00 —Calves—-(2so-300) Good and choice 7.50@ 10.50 Common and medium 5.25® 7.50 STOCKER AND FEEDER STEERS (500-600) ' Good and choice 5.25® 7.50 Common and medium 4.00@ 5.50 (800-1.050) Good and choice 5.50® 7.25 Common and medium 4.50® 5.55 SHEEP AND LAMPS Receipts. 1.000; market, steady. Good and choice $ 8.75® 950 Common and medium 5.00® 8.75 —Ewes— Medium and choice 2.50® 403 Cull and common f. 1.000 2.50 Other Livestock Bu T'ivtpd Prcc.e . CHICAGO. Sept 3.—Hogs—Receipts. 17.000, including 2,000 direct; good and choice. 180-210-lb. averages 10@25c lower: other butcher weights mostly steady, packing sow weak to 10c lower; pigs dull; top. $11.10: bulk good and choice. 180-240-lb. "eights. $10.90011.06: light lighti 140-160 lbs., good and choice. slo®lo.fs; lightweights. 160-203 lbs., good and choice, $10.50011.10: medium weights. 200-250 lbs.g good and choice. $10.65 011.10; heavy weights, 250*350 lbs., good and choice, $lO @16.90: packing sows. 275-500 lbs., medium ana good. SBO-9.10: slaughter pigs, 100-130 lbs., good and choice. $8.250 9.65. Cattle—Receipts. 12.000; calves. 3.000; active. strong to 25c higher market on light yearlings and better grade light, steers; trade active at the advance; strictly good and choice heavies steady: others slow, weak: she-stock market slow: steady to weak; grassv fat cows selling down to $6 predominating: best fed yearlings. $12.60: heavies. $42.35: slaughter cattle and vealers. steers. 600-900 lbs., good and choice. [email protected]: 900-1.100 lbs., good and choice. $lO [email protected]; 1.100-1.300 lbs., good and choice. $lOOl2 50; 1.300-1.500 lbs.. good and choice. $10012.50: 690-1.300 lbs., common and medium. $6.50010.25; heifers. 550-850 lbs., good and choice. [email protected]: comon and medium. SS@ 10.50; cows, good and choice. $5.25@8: common and medium. [email protected]: low cutter and cutter cows. s3® 4.25: bulls, yearlings excluded, good and choice, beef. $607: cutter to medium. $4.2506.50: vgalers. milk fed. eood and choice. $10.50011; medium. cull and common, $7.5009: stocker and feeder cattle, steers. 500-1.050 lbs., good and choice. $7.25®9: common and ‘medium. [email protected]. Sheep—Receipts. 23,000; market steady to 25c lower:* decline on lambs: bulk natives to packers. [email protected]: several loads, $8.7509 to city butchers: fat ewes. $3 0 4.25. range lambs unsold; slaughter sheep and and lambs; lambs. 90 lbs. down, good and choice. [email protected]; medium. $6.500 8; all weights, common. $4.50 0 6.50: ewes. 90-150 lbs., medium to choice. $2 50 @ 4.25: all weights, cull and common. $1.50 @3: feeding - lambs 50-75 lbs., good and choice. [email protected]. Bu J’nitprt Pre* CINCINNATI. Sept.. 3.—Hogs—Receipts, 3.870 including 1.670 direct; heldover. 340, slow. 170-230-lb. butchers, mostly 35c lower: bulk. $11.40: heavier weights in spots. 50c lower: some 240-260 lbs.. sll® 11.35; 300 lbs. duotable downward to $10.75 or below; pigs, light lights and sows mostly 35c lower; 120-150 lbsb.. $100) 10.25: bulk sows. $8.2508.50. Cattle —Receipts. 500; calves. 400; lower grade steers and heifers, dull at weak to lower bids: better grades Bnd most killing classes steady: some weakness on cows of all grades and bulls weak to 25c lower: some more desirable steers and heifers $8,500 10: one small lot of yearlings. $11; lower grades. $5.50@7: most. cows. $506; bulk low cutters and cutters. s3®4: bulls. $6.50 down: eood and choice vealers. $10011.50: lower grades. $609.50. Sheep—Receipts. 1,400: lambs, mostly steady: quality poor: better grade lambs. *809: mostly $8.50® 9: cho’rg train offerings auotable upward to $9 50: common throw outs. $5.50® 6: sheep. stsdv: fat ewes. s2.s6®rf: down to sl. Bv T’nitfd Pi-pss CLEVELAND. Sept. 3.—Hogs—Receipts. 1.400: holdover none; steady to 25c lower; pigs and late sales, other weights down most: top. $11.50 on 150-210-lb. weights; 220-250 lbs. $11.25 downward; choice 25030 lbs.. $11; pigs around $9.75. CattleReceipts. 450; cutter and common around $5.75® 7.75: steers predominating: slow, not, over steady, better kinds scarce in fair demand: fat cows around $5.5006.50. and cutter grades. S3O 4 75: steady.- Calves— Receipts. 40: active, strong on Tuesday's full advance; better grade vealevs upward to *l4: top. $14.50: medium kinds. $10.50 012.50 mostly. Sheep—Receipts. 1.300: steady: better grade iambs. [email protected]: common and medium. $5.50 0 7.50; most fat ewes. s3® 4. Bu T’nitrd Press EAST BUFFALO. N. Y . Sept. 3 Receipts. 1.500: holdovers 400; market rather slow: mostly to packers: * weights above 160 lbs. 15®20c lower: pigs weak to mostly 25c lowr: bulk 150-220 lbs.. *11.65011.75 ; 240-260 lbs.. $11.50: 140-150 lbs. $10.75011 25: 130 lbs. and down, $9.75 010: packing sows. $8.5009. Cattle—Receipts. 150: grass heifers barely steady. $6 07 25. cutter cows. $304 50. Calves—Receipts. 150; vealers unchanged. sl4 down. Sheep—Receipts. 700: lambs fairly active and steady: good to chotce natives moderately sorted. $9.50: medium and mixed offerings. $7.75® 8.50: throwouts. $7: fat ewes. $4 down. Bu Vnitcd Press EAST ST. LOUIS. 11l . Sept i—Hogs— Receipts, 10.500: market slow, generally 15035 c lower than Tuesday's best: top. sll.lO. bulk. 160-220 lbs.. sllOll.lO : 230250 lbs.. $lO 75@11: nothing done early on pigs: packing sows. 15c lower at $8.85 downward. Cattle—Receipts. 3.800; calves, 1.500; market, yearling steers steady; few loads. $11.75012.25; other natives and western steers slow. Unevenly steady on fat mixed yearlings, heifers and lower on plainer kinds: low cutters steadv: vealers steady at $11.50; lower indications on cows and bulls. Sheep—Receipts 2.000: market, net much developed on lambs; packers bidding sharply lower; few fat lambs to butchers, warly, up to $8 75; sheep steady. —a Bu Tnjted Press PITTSBURGH. Sept. 3.—Hogs—Receipts. t. 500: holdovers. 750; market, about steady; 160-230 lbs.. $11.505 11.65 : 250-300 lbs. $11©11.25; 100-140 lbs.. $9 25010; sows. *8®8.75. Cattle —Receipts, 10; market, nominal. Calves—Receipts, 150: market steady, about sm lower: good and choice vealers. *StSORI2; weighty valves, $7.50 down. S’’fo— Receipts. 1.000: market steady, belt*? Trade lamb*. M 09.25;
Dow-Jones Summary
London-New York cables opened at 4 86% against 486 23-'32 Pans checks 123 74; Amsterdam. 12 08. Italy. 92.945. Berlin. 2089. * Oklahoma state auprema court baa * postponed for a week bearing on pettHon of C. C. Julian Oil and Royalty | Company for permanent, writ of prohibiI tion to prevent interference by corporation commission in unrestricted prodqeI tion of a Julian w#H. Court also refused request to dissolve temporary injunction issued a few days aco. California dally average crude production decreased 4,700 barrels in week ended Aug. 30 to 603.000 barrels. Loews Inc. declared regular quarterly dividend of 75 cents on common, payable | Sept. 30. record 6ept. 13. Rossia Insurance Company declared regular quarterly dividend of 55 cents, payable Oct. 1. record Sept. 16. Electric Power and Light in twelve months ended June 30 earned C .87 a share on 1.874.138 comon shares against $2.79 a share on 1.792:686 shares in preceding year. Crown Zellerback Corporation quarter ended July 31 earned 18 cents a common share against 63 cents a share in like 1929 period. Crown quarter ended July 31 net income $639,352 after interest, depreciation, depletion, taxes, etc . against $1,191,926 in like 1929 quarter. International Printing Ink Corporation in six months ended June 30 earned $1.84 a share on 68.97$ shares of 6 per cent preferred against $3.54 a share on 271,158 common shares in first half of 1939. Borne Scrvmser Company declared regular semi-annual dividend of sl, payable Oct. 15, record Sept. 26. Freight loadings in United States for week ended Aug. 28 totaled 940.549 cars, an increase of 17,726 over preceding week, but 197.417 below 1929 week and 140.149 below 1928 week. Celanese Corporation of America declared regular quarterly dividend of $1.75 on 7 per cent preferred, payable Oct. 1. record Sept. 1. Eastern Rolling Mill Company declared , regular quarterly dividend of 37% cents on common, payable Oct. 1. record Sept. 20. Price Brothers. Ltd., declared regular quarterly dividends of 50 cents on common and $162% on 6% per cent preferred, payable Oct. 1, record Sept., 15. American Telephone and , Telegraph Company are offering new shprt call servr ice between United States and Great Britain at substantially reduced rates. Crude oil production in week ended Aug. 30 averaged 2,461,350 barrels daily, decrease of 9,150 from previous week and 512,100 less than same week 1929. the American Petroleum Institute estimates. Imports of crude and refined oils last week averaged 268,285 barrels daily, decrease of 63,001 from previous woek. Tri-Continental Corporation declared regular quarterly dividend of $1.50 on 6 per cent cummulative preferred, payable Oct. 1, record Sept. 15. American Equities Company In six months ended June 30 earned 28 cents a share on 1,455,000 shares. Book value on June 30. was reported at $25.27 a share against $25.18 on Dec. 31, 1929. Federal Reserve Board report on member banks' condition for week of Aug. 27 shows decreases of $14,000,00 in loans and investments $21,000,000 in net demand deposits and $4,000,000 in borrowings from federal reserve banks. Time deposits increased $31,000,000, loans on securities $8,377,000,000. increase $62,000,000. all other $8,416,000,000. decrease $64,000,000. Total loans $16,793,000,000. decrease of $2,000.000, Lane Bryant. Inc., declared regular quarterly dividend of 60 cents on common, payable Oct. 1. record Sept. 15. Directors of Phillips Petroleum Company and Independent Oil and Gas Company approve merger of. two companies on basis of 75 shares of Phillips stock for 100 shares of Independent stock. Independent, 0:1 • and Gas Company declared an adjustment dividend of 37% cents. # ankers Trust Company declared reguquartrely dividend of 75 cents. American Encaustic Tiling . Company, Ltd., declared regular quarterly dividend of 25 cents. Births / Girls / Jesse and Mildred Butler, 724 North California. Orville and Florence Dailey. 1029 South Harding. William and Nannie Reed. 3019 East Minnesota. Radford and Grace Glass. 403 North Blake. Walter and Rhea Dowell, 1528 North Rural. James and Dorothy McClamrock. 719 East Fifty-ninth. ' Norval and Ethel Brown. 3815 Spann. Jacob and Dorothy Leffler, Methodist hospital. Aaron And Ethel Ward, Methodist hospital. William and Opal Wilson, Methodist hospital. ... Carl and Cuba Maines. Methodist hos°*Morton and Mary Wallace. Methodist hospital. Herbert and Cora Ball, Methodist fypspital Glenn and Marie Taylor. Methodist hospital. * Harold and Mildred Laßue, Methodist hospital. , _ ~ . Ben and Sophia, Warnack, Methodist hospital. Lawrence and Marie Schepman, 1202 North Capitol Edward and Mary Renihan. 232 Bicking. Virgil and Iris Ancil, 2429 North Dearborn. Hunter and Ruth Watson, 421 West Empire. ** William and Lois Wright, 1212 Douglas. Albert and Madge Chadwick, 3841 East Thirty-first. George and Marguerite Akard, city hospltal. Blake and Roberta Alexander, city hospital. Olin and Leah Daugherty, city hospital. Ligie and Minine Durrett. city hospital. Nelson and Mary Grimes, city hospital. Thomas and Della Hunter, city hospital. Henry and Emma Milbourne, city hospital. Charles and Eileen Nicholson, city hospital. . Thomas and Alberta Russell, city hospital John and Mae Norman, Christian hospital. Clarence and Ida Board, 832 Woodlawn. Boys Lester and Mossie Glenn, 314 East Morris. Edward rffcd Pauline Strong, 1335 Massachusetts. Roy and Katherine Coddington. 24 West Eighteenth. William and Vester Skaggs. 333 South Hamilton Ralph and Mane Stone. 1310 Edgemont. Wilbur and Mattel Barnhart, Methodist hospital. Charles and Alice Wiltsie, Methodist hospital Maurice and Blanche Abernathy, Methodist hospital. Allen and Mary Berge, Methodist hospital. Harrv and Martha Summers, Methodist hosptta‘l. James and Helen Vance, Methodist hospital. Harry and Ellen Freeman. Methodist hospital. Wlnthrop and Lovella Kellogg. Methodist hospital. Paul, and Dessie Robertson, Methodist hospital. Harry and Bertha Steinmetz. Methodist hospital. Willard and Leola Dupee, 2522 North Cornell. John and Norma Sudet. 923 Marlon Harold and Betty Buckner, 412 West Twenfy-fifth. William and Helen Johnson. 1008 West Twenty-sixth. John and Anna Wessel. 2122 Conrad. Charles and Pauline Badby, 422 North Spring Winfield and Nettie. Baker, 816 Madison. Luther and Willia Hayes, city hospital. Charles and Jennie Lynn, city hospital. Raymond and Pauline Bryant, 325 Barton Thadden? and Edith White, 1930 Cooper. Theodore and Ina Passen. 3818 Span. Victor and Louise Meyer. 428 Colorado. Twins Edward and Lola Bee hart, Methodist hospital, girls *
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GRAIN FUTURES ' ARE HIGHER ON GOODDEMAND Steady Cables and Better Buying Is Evidence in Early Trade. Bn Crvtf’d Press CHICAGO. S?pt. 3. Wheat I opened with a minor fractional gain lon the Board of Trade today. Firm j foreign cables and a better buying demand were 'in evidence, while pressure was lacking at the start. | Liverpool was dull and- depressed following the easiness in North America Tuesday, but .some short covering checked the decline. Corn was somewhat unsettled, but the nearby months were strong. Oats showed small gains. At the opening wheat, was % to *3 cent higher, corn was !i cent lower to % cent higher, and oats was unchanged to *i cent higher. Provisions were steady. Liverpool was not as low as expected at the start and held only a fractional loss of T s cenf at midafternoon. The movement of Canadian wheat is expected to continue for several weeks, and with the lack of an export demand this is creating pressure on the market. There is also a lack of buying power. While a further decline would not be surprising, most conservative traders are disinclined to press the market at this level. Corn was affected more by wheat Tuesday than'in some time, prices selling off sharply near the close. Traders are not, however, bearish. The short crop and a good demand are constructive factors. With wheat at the season’s low and corn within a short distance of the top. there is some uncertainty. The experts on oats were a little more'favorable than had been looked for and receipts still are increasing. The futures are holding firm, but the market is very quiet. Chicago Grain Table —Sept, 3 WHEAT— Pre.\ Open. High Low. Close, close. Sept. .83% .83% .82% T 82% 83'/ 8 Dec, .88% .89% .88 .88% .88% Mar.. .93% .93% .92% .92% .93 Mav, .96% .96% .95 .95% .96 .CORN— Sept, .98% .98% .97% .97% .97% Dec, .93% .94% .92% 92’/g .93% Mar, .95% .96% . .95 .95 .95% Mav, .98 98*4 .97% .97’i .98 OATS— ' Sept, .3% 40 .39% .39% .39% Dec., .43% .43% .42% .42% .43 Mar, .45% .45% ,45 .45% .45% Mav. .46% .47 Vs .46% .46% .46% RYE— . . Sept. .56% .57% .55% ,58% .56% I>C . 62% .63% .60% .60% ,62% Mar, .66% .67*, .65% .65% .67 Mav, .69 .69% .68 .68 .69% LARD— „ . Sept. 11.*5 11.35 11.25 11.35 11.22 Oct,.. 11. . 11.25 11.20 11.25 11.17 Dec, 10.95 11.00 10.95 10.97 10.95 Jan, 10.95 11:00 10.95 11.00 .10.95 Feb .... 11.00 11.00 BELLIES— Sept. 14.05 14.10 14.05 14.10 • 14.05 By Ti<i<es Special CHICAGO. Sept t 3 —Carlots: Wheat, 197: corn. 578: oats, 235.
Local Wagon Wheat
City grain eevators are paying 76c for No. 1 red wheat and 73c for No. 1 hard wheat. Marriage Licenses Carl H Pollard. 19. of 4961 Madison, cleric, and Martha E. Miller. 16. of 1852 Gent. Frank W. Teague. 26. of 927 Elm. salesman. and Nell Rawlings, 25. of 1322 Pleasant, secretary. Joe Williamson. 51. of Thirteenth and Sha deland, engineer, and Minnie M. Bruce. 51. of 2008 West Vermont. Joe M. Mitchell. 23. of Hotel Lockerbie, mechanic, and Bessie L. Russell, 18. of 1039 East Michigan. Walter L. Schuler. 30. of 1518 North New Jersey, .manager, and Lottie E. Maze. 30. of Beech Grove, teacher. Lawrence C. Kuhn, 27. of 3824 Calhoun, clerk, and Cleo Dole. 23. of 2527 College, clerk. Thomas -E. Davis. 23. of Toledo, machinist. and Florence I. Watson. 18, of 1408 Finley. AJonzo E. Waltz. 21. of 1301 South Whitcomb. electrician, and Thelma R. Freeland. 18. of 1704 Lindbergh. Cevil V. Groseclose. 28. of 1436 North Hamilton, salesman, and Virginia T. Reno, 28. of 2824 Wood, clerk. Clair Reese. 35. of Carmel, clerk, and Mabel A. Maxted. 32. rt 1541 East Epler. clerk. , Oscar R. Rutledge. 26. of Terre Haute, dentist, and Owen H. Thfrese, 24. of 5934 East Washington, supervisor. Arthur F. Harts .n. 21. of 66 Caven, clerk, and Ruth M. Power. 20. of 543 Vinton, clerk. Deaths Amerida Orcutt, 79, 1518 Naomi, arteriosclerosis, James B. Summers, 74. 522 East Raymond. acute cardiac dilatation Rose Weill. 68. Central Indiana hoaaital. cerebral apoplexy. Ella Mav Tullev. 63. 1430 South East, carcinoma. Eileen Tomlin, 3, Riley hospital, whooping cough. Emma Thompson. 58. Alpha Home, arterio solerosis. Huldv Anna Curi. 67, 109 North Mlnkner. cardiac renal disease William T. Ransdell. 75. 2602 North Alabama, carcinoma. Michael Dillon, 57. 557 West Washington. epilepsy. Adolph Tiirner, 62. Cruse end East Washington, accidents!. John Ross, 48. city hospital, chronic myocarditis. William Francis. 62. Long hospital, accidental. Chris Gordon. 50, 426 North Missouri. mitral regurgitation "Chris Gordon. 50. 426 North Missouri, mitre! regurgitation. Kathryn Hassett.. 55. Central Indiana hospital, chronic myocarditis. Lillie Spooner, 70. city hospital, chronic myocarditis. Clyde James. 49. 1119 East Washington, carcinoma Other Livestock Bu United, Press t TOLEDO. Sept 3.—Hogs—Receipts. 350. market. 10025 c lower; heavies, $lO 250 fTT7S: mediums, $11011.25: yorkers. $9 500, 10: pigs. $909.50. Cattle—Receipts. 100; market, active and strong: calves, receipts, light; market, steadv. Sheep—Receipts, light; market, slowr. B,u Times Special LOUISVILLE, jfv.. Sept. 3.—Hogs—Receipts. 500; market, 30c lower; 250 lbs. up, $lO 45; 165-250 lbs.. $11.10: 130-165 lbs.. $9.55: 130 lbs. down. $7.75: roughs. $7.25; stags, $6.65. Cattle—Receipts. 200; market, slow: steady prime heavy sceers, $8.50@10; heavy shipping steers. $708.50: medium and plain steers. $5.50@7: fat heifers. $5.50010; good to choice cows, $4,500 6: medium to good cows, $3.75® 4.50: cutters, $3.2503.75: canners, $203: bulls, $406; feeders. $5.5007: Stockers. s4@6 Calves—Receipts, 300: market. 50c lower; choice. $7.50®9: medium to good. sso7:' common to medium. s4®. SheepReceipts. 400; market, steady: ewe and wether lambs. $8; buck lambs. $7: seconds. $4 0 4.50: clipped sheen. $2.50 0 3.50; Tuesday's shipments—Cattle. 141; calves, 514: hogs, none: sheep. 618.
CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher Trust Bldg. Rf. 1891
New Secretary Is Appointed by City Y.W.C.A.
m ‘ alp f m 4***t / 4 -Ms- ' fPiP h m
Miss Amj Gordon-Bruce
Miss Amy Gordon Biuce is new general secretary of the Indianapolis Young Women's Christian Association in place of Mrs. Carrie Ada Campbell, who is ill. Miss Bruce for seven years war. executive of the Metropolitan Y. W. C. A. at Buffalo. N. Y.. and prevously engaged in field work in the west, and was secretary in Wichita, Kas., and Youngstown, O. Three other secretaries will begin work with opening of fall activities. Miss Eleanor Hester will be young business and professional women's and education secretary: Miss Marian I. Smith, assistant girl reserve secretary,- and Miss Vonda. Brown, assistant dancing instructor in the health education department.
DEMOCRATS LAY LASHONG, 0, P, Office Holders Are Flayed by Ira Haymaker. Charging that the present county office holders have made the issues in the coming campaign by their “record of misgovemment and general unsatisfactory sendee to the people,” Ira P. Haymaker, Democratic candidate for county recorder, opened the campaign in Wayne township, his home township, at a meeting at King avenue and Walnut street Tuesday night. ‘ Other speakers included John Geckler , candidate for juvenile court judge; Fred Galloway, candidate for, state representative: Fred Vehling, candidate for county coroner, and Charles (Buck) Sumner, candidate for sheriff. Other meetings scheduled for the &eek are: Thursday, Thirteenth ward, Druids hall, 1317 South Meridian street; Friday, Democratic Progressive Club, Nineteenth street and Arsenal avenue;. Tom Taggart Club, Compton hall, 2001 Winter avenue; Saturday night. Tenth ward. Red Men’s hall, 1609 Prospect street. WOUNDED MAN CRITICAL Raymond Welsh, 29, believed by police to haive been shot in a racketeers’ battle, was in critical - condition today city hospital* He came to the hospital Monday night and told attaches he had been shot, but refused to name his assailant. are tracing Welsh’s activities, seeding a clew to the person who shot him.
THE SALARIED MAN’S INVESTMENT PROBLEM The salaried man’s greatest problem is how to invest his savings profitably and safely without the risks of speculation. show that never has an investor lost a cent in American Loan Company Preferred Stock. Dividends have always been paid regularly from earnings when due. For thirty-two years the . company has been directed by the present officers. The demand for service is increasing yearly. Other pertinent facts about this rapidly growing company ~ and the 8% tax exempt investment offering will be gladly proven to you. Mail the coupon today!
UMPUREY& MARTZ
INVE/TAAEMT/ 820 Circle Tower Building. LI ncoln 5222
UMPHREY & HARTZ, Investments T S2O Circle Tower Building, Indianapolis. Gentlemen: Without obligation please send your booklet . • . “A Straight g Investment.” Name Address City .../C
JSEPT. 3, 1930
QUIZ OFFICER IN FAILURE TO NAD ALLEGEDBANDIT Negligence Hinted as Probe Is Opened by County Prosecutor Stark. Probe into a state policeman's alleged negligence in not arresting a man wanted on an auto banditry charge was begun today by County Prosecutor Judson L. Stark. The policeman is alleged to hav© met Lawrence Hiatt and talked with him prior to his arrest and jailing in Rising Sun. Ind., pn an auto banditry charge. It is rumored the prosecutor's office has informaion that Hia;t attempted to get the state officer to “flv’ the charge against him. Hiatt, police declare, aided in the Rising Sun jail break last winter wljen Alexander Geisking and Harley Shelton escaped from their cells. Geisking and Shelton were arrested later and now are serving sentences on auto banditry counts in the Indiana state prison. Hiatt has been questioned by the prosecutor regarding his relations with the state patrolman. He was in the St. Francis hospital in Beech 'Grove recovering from an appendicitis operation prior to his arrest and return to Rising Sun. Hiatt, a woman, and two other men are alleged to have visited the Rising Sun jail last winter with a bottle of “white mule” and a mandolin. When the jailer awoke Geisking and Shelton were free, police say.
The City in Brief
A. Smith of Smith. Ifassler <&> Sturm Sporting Goods Company, will speak at the Young Mens Christian Association at 6:20 tonight on “America—A Sporting Nation.” Moving of the eight-story Indiana Bell Telephone Company building is the biggest building moving project ever undertaken in the United States. Otto W. Mueller of Vonne-gut-Bohn-Mueller, consulting engineers, told the Universal club at its luncheon at the Columbia Club | Tuesday. FREED IN CIGARET PROBE Son of South Side Grocer Absolved in Freight Car Theft. Absolved of implication in the $20,000 freight car cigaret theft by two other defendants, Abe Abrahams, son of Louis Abrahams, south side grocer, was released from federal custody by Hbward S. Young, United States commissioner, Tuesday. The father recently was held to the grand jury on a charge of buying the stolen cigarets from three other defendants. POSTAL RECEIPTS DROP $32,876 Decrease Over August, 1929, Is Reported by Bryson. Decrease of $32,876 in receipts of the Indianapolis postofflee for August, compared with August, 1929, was reported today by Postmaster Robert H. Bryson. Bryson said the 8.96 per cent decrease was due largely to the fact) there were five Sundays last month, reducing the number of mailing days. Total receipts for the month were 333,871.
