Indianapolis Times, Volume 42, Number 100, Indianapolis, Marion County, 4 September 1930 — Page 12
PAGE 12
'STOCK SHARES SELL UNEVEN AT MID-SESSION Pressure Is Exerted Against Issues; Trading Dull on Reaction.
Average Stock Prices
Average of thirty industrials for Wednesday was 237.54. off 2.88. Average of twenty rails was 131.26. off .34. Average of twenty utilities was 85.48. off 1.18. Average of forty bonds was 97.15. up .08. Bu United Press NEW YORK, Sept. 4.—Further pressure was exerted against the stock market in the first part of the session today. Trading was dull on the reaction, however, and there were no wide breaks. The market opened irregular and then met support with United States Steel featuring an advance in early trading. Before the end of the first hour, Steel turned down and sold below lf>B, against a previous close of 168% and an early high for today of 169%. Toward noon the list met support and prices were rising above the lows. Three weak spots were Goodyear, which made anew low at 50Vs, off 2%; J. I. Case at 179%, off 3%, and Southern Railway at 82%, off 2%. Other declines were generally within a point range. Several issues retained gains through the morning. Bethlehem Steel firmed up fractionally, as did Vanadium and Packard. United Aircraft gained more than a point and held it. Pennsylvania railroad moved against the trend in its group with a sftiall advance. Several of the oils were higher on a decline of a million barrels in gasoline stock. Utilities were mixed with Public Service, off 1% at 91%, and International Telephone at 41%, up Vi. Amusements eased slightly, while motor shares held about steady. Call money was firm at the renewal rate of 2% per cent.
Bank Clearings
INDIANAPOLIS STATEMENT —Sept, 4 Clearings s b'4M'ooo Debits 6,400,000 CHICAGO STATEMENT —Sept, 4 Clearings Balances 6,400.000 NEW YORK STATEMENT —Sept. 4 Clearings * 1, ?25’222'222 Federal Reserve Bank Cr. Bal. 131,000,000 TREASURY STATEMENT —Sept. 4 Net Balance for Sept. 2 ...$100,673,615.84 Expenditures 9,102,561.42 Customs rects. month to date 1,521,605.00
New York Bank Stocks
—Sept. 3 Bid Ask. America 96% 98 Bank of United States 40% 41% Bankers 146** 147% Brooklyn Trust 135 7<2 Central Hanover 345 349 Chase National 146% 147% Chatham Phoenix National 106% 109 Chemical 67** 68% City National 251 252 Corn Exchange 163 165 Continental 30 30% Empire 82 84 First National 5.040 5,090 Guaranty 636 . 640 Irving 61% 52 Manhattan Sc Cos 117 118 Manufacturers 86 86% New York Trust 255 257 Public 10a 106% Chelsea 31 31 New York Curb Market (By Thomson Sc McKinnon) —Sept. 4 t Open* Open. Am Com Pwr.. 21 'Mo Kan Pipe... 20% Am Gas & EH.. 119 (Mt. Prod —9% Am Lt & Tr... 60%iNat Av 10, Ark Gas 9%.Nat Inv 12*1, Avia of Ara,... 47% Nia Hud Pwr.. 15 * Brazil P & L... 37 IPenroad 10->* Cities Berv 29 iPrin Sc Whtly.. 10% Crocker & Wh. 17% Shenandoah ... 9% Dixie Gas .... 20 Std of Ind 49% Elec Bond Sh.. 82% Std of Kv 31** Ford of Eflg... 22 Un Gas (new). 14% Fox Theater... 10 s * Un Lt Sc Pwr.. 40% Goldman Sachs 19% Un Verde 8% Gulf Oil 119% Ut In Ind 14% Tnd Terr A IOY* Ut Pwr .. . 18 Midwest Ut.... 29% Vacuum Oil ... 78-;* Chicago Stocks Opening (By James T. Hamill & Cos.) —Sept. 4. Auburn Motors 115%|Insull com 58 Bendix Avia .. 31 jlnsull 6s 1940...103% Borg Warner .. 29 ■ Majestic Hsehold 51 Cora Corpn 7*i l Marshall Fields 39** Chi Corpn com. 10%'Mtddlewest com 29% Chi Securities.. 22% Natl Pwr <fc Lt.. 65 Gen Thea Equip 35% U S Radio <fc T 23-* Grigsby Grunow 14 (Util & ,ndu pfd 33% Elec Household. 46%i
Net Changes
fit/ United Press NEW YORK Sept. Closing prices and net changes on principal stocks traded on the New York Stock Exchange today: Cos. Oft. American Can 129 ... V’a American and Foreign Pow 71 s c ... 3 American Telephone 213'* ... 1* Bethlehem 87 2’t ... Consolidated Gas 107 ... I*4 Fox Film A 50 * ... General Electric 71 Mi ... 1 General Motors 45’i ... la International Telephone... 41 l t .... Loews Inc 7’a ... 2’s ■Montsomerv Ward ....... 35 ... lj* North American 108 ... Its Pennsylvania 73 ... 1 Radio 3? ..>. 2'a Radio-Keith 3a ... Sears Roebuck *l’ ... 3’ Standard Oil New Jersey... 68“ ... Ta Union Carbide <9'£. 5 4 ... United States Steel 168 v a ... 2 Vanadium 79’a ... *a Warner Brothers Pictures. 30’a ... ... Westinghouse Electrtc . ...147 5 a ... 3 1 * DIVIDEND IS DECLARED American Public Utilities Stock Payable Oct. 1. The board of directors of the American Public Utilities Company has declared the regular quarterly dividends of l 3 i per cent on the outstanding 7 per cent prior preferred stock, and 1 3 per cent on the outstanding 7 per cent participating preferred stock of the company. payable Oct.‘ 1, 1930. to stockholders of record Sept. 15, 1930.
Hoot, Mon! Bu United Press CLEVELAND. Sept. 4. A quartet of Cleveland horned owls have taken up golf. It all started in fun three nights ago at the Lakewood night practice driving course. The owls evidently mistook golf balls for white mice. The} swooped down, seized on apiece and swooped away Soon they returrted. disap pointed, and deposited the ball On the fairway. Now every night they pick up a few dozen golf balls and bury them in nearby lots.
New York Stocks
—Spt. 4 Prev. Railroad*— High. Low. 11:30. cltwo. Atchi&on - • • * Balt Sc 0hi0....101 100*4 100*4 101 4 Cbesa A Ohio.. 49 48% 48% 48% Chi Grt *’est Del L Sc W gft*. H . u *° B :: r. %•% „ li3% ... 113% 113% Lou Sc Nash.... , 130 ... MK & T 42 40% 42 41*4 N Y Central IJ% 161% NY NH Sc H 105% 106% Norfolk & West. .. ... ... 224 Pennsylvania ... 73% *2% 73% 73 Reading ... ... 109% So Pacific 11% lie Southern Ry ... 85% 83 83 85 2 St Paul 22 5 . 22% St Paul pfd 22% 22 % ! St L <St S F 90% Union Pacific 220 217 | Wabash 32 W Maryland 23% Equipments— Am Car Sc Fdy • 51 Am Locomotive 44 % Am Steel Fd 37% 37% Gen Am Tank.. 37% 87% 87% 86% General Elec ... 7** 71% 71% 71% Lima Loco 25% N Y Air Brake 40*. ... Press Stl Car.. .. ... .7 6% Westlngh Ar 8.. ... 38 38 2 Westingh E1ec...149 146% 147% 147% Rubbers— ! Firestone 20*4 20% Fisk 1 % l’/s Goodrich 22% Goodyear 53% 51% 52% 52% Kelly Sprgfld... 3 s * 3% 3% 3% U S Rubber 20*4 20 20 20% j Motors— Auburn 117 114 114 116% Chrysler 27% 27% 27% 27% Gardner 2% General Motors.. 45 s . 45 45% 45% Hudson 29% 29% Hupp .. ... 13% 13% Mack 59% 59 59 59% Marmon (••• >0 Nash 34 34 Packard 127. 1274 Reo. ......... 11% 11% H% H'/s Studebaker 30% 29% 29% 30 Yellow Truck.... 22% 21% 21% 217s Motor Access— Am Bosch .... 32% Bendix Aviation 31% 30% 30'. 31% Bora Warner ... 297 4 29 29 29% Briggs 20% 20 20 20% Eaton 24 ... 24 23% El Storage B Haves Body J Houda 8% 8 8 8 Sparks W 21% 21% 21% 21% Stewart Warner 26% Mining— .... Am Metals ■ , 29*4 Am Smelt 68% 69 Am Zinc , ... 9% Anaconda Cop.. 45% 45% 4574 45 Cal & Hecla 13 137s Cal & Arlz 49 48*4 49 49 Cerro de Pasco.. 42% 42 42 43 Dome Mines ... ... f>% Freeport Texas.. 44% 4374 43% 44 Granby Corp ... 227* 22% 2274 22% Great Nor Ore , 2074 Hnwe Sound 29% 29 Int Nickel 25 2474 2474 24% Kennecott Cop.. 34*4 3414 34% 34% Magma Cop 30% Miami Copper 1474 14% Nev Cons 13% 1374 137* 14 Texas Gul Sul .. 58% 58 58 59 U S Smelt 20 Oils— Amerada 24 Atl Refining 3372 33% Barnsdall 22 227s Houston 75% 75 75 75 Ind Oil 2574 25 25 2574 Indian Refining 1174 Mex Sbd 2174 2174 2174 21% Mid Conti 237* Phillips 3374 33% 33 74 33 Pr Oil & Gas.. 33*4 3374 3374 33 Pr Qil & Gas 35 Pure Oil 1974 20 Richfield 16% 1574 16 15 Royal Dutch 4974 4874 4874 4974 Shell Un 15 1474 15 147* Sinclair 21*4 21% 2174 2174 Skellv 2774 2774 2774 2774 Stand of Cal 60% 60% Stand of N J.. 69 6874 6874 68% Stand of N J... 31 3074 3074 31 Texas Cos 52 517* 52 5174 Union Oil 4074 Steels— Am Roll Mills .. 5274 52 52 5274 Bethlehem 87 74 86 % 86% 87 Byers AM 74 717* 7274 7374 Colo Fuel 4874 49 Inland ... ... 7674 Ludlum 21 2074 2074 22 Midland 32 3274 Repub I& S 3574 3574 U S Steel 169% 168% 16874 1687a Vanadium 81% 80V* 80% 7974 Youngst S&W. .40 3974 39% 40 Youngs* S & T 114 Tobaccos— Am Sumatra ... 13 1274 13 127* Am Tob (A) . . .256 255 255 25374 Am Tob IB 1 ... 252 General Clrgar 46 Lig & Myers 8.. 99** 99% 99% 9974 Lorillard 22% 22’. * 22% 2274 Phil Morris 11% 1174 Reynolds Tob 52 51% Tob Pr A 12 74 United Ctg 7 Utilities — Abitibi 22 Adams Exp 2674 2674 Am For Pwr 7274 7174 7174 71% Am Pwr Sc Li 82% 83% A T & T 213*4 212*4 212% 213*4 Col Gas &El 5974 59*4 59*4 5974 Com * Sou 13*4 13% 13*4 14 El Pwr & Li.... 7074 69*4 69% 7074 Gen Gas A. 974 9 Inti T Sc T 42 4174 41% 4174 Natl Pwr & Li.. 46-% 4674 46% 46 No Amer Cos. ...106 10574 1057* 106 Pac Gas & El 5774 57 Pub Ser N J 92*4 91*4 91*4 9274 So Cal Edison.. 56% ... 5674 ... Std G & El 104*, 102% 103%- 103 5 4 United Corp .... 3374 32% 32% 3374 Ut Pwr & L A.. 36 35% 35*4 3574 West Union 1747* 173 74 1 7474 1 73'% Shipping— Am Inti Coro 36% 3674 3674 36*4 United Fruit 88 8874 Foods— Am Sug 54 74 5 4 54 74 5 4 Armour A 57a 574 57a 574 Beechnut Pkg ..... 59 Can Dry ... 6374 64 Childs Cos 56% 5574 5674 5574 Coca Cola 178 Cont Baking A. 29 27 28 26*4 Corn Prod ... 92 74 9174 92*4 92% Cudahy Pkg 407a 40% Gen Foods 57*4 57 57 57% Grand Union. .. 1574 ... 15 s * 15% Hersev 97*4 Kroger 25% 2574 2574 257* Nat. Biscuit 8374 83** 837* 83% Pillsburv 32% Safeway St 70 69*4 69*4 68% Std Brands 20% 20% 20% 20% Ward Bkg 97* 9% 9*4 87a Drurs — Cotv Inc 1774 17% 1774 17 Lambert C 0..... 93 92% 927* 93 Lehn Sc Fink 27-4 Industrials— Am Radiator 2774 26% 267a 27 Gen Asphalt 41’* 41 41 41% Otis Elev 707* ... 70V* 70% Indus Chems — Allied Chems ..274 272 . 274 274 Com Solv 26% 26% 26% 26% Union Carb 80 78% 79 7974 U S Ind Alco 30 Retail Stores— Assoc Dry Gds. 35** 3a*a 35% 35 a Kresge S S .... 20% ... 29% 29% May D Store 437* 4474 Mcnt Ward 35'a 3d 35 35 Peny J C 54 Schulte Ret St. .. ... ... ] Sears Roc 72'* ,1% ,2% ,1% Woolworth 62 617* 61** 62% Amusements — Bruns Bailee ... 16% ... 16% 16% Col Graph 17 16 s * 16% 167* Crosley Radio.. .. ... 12 Eastman Kod ..216 215 215 213% Fox Film A 50% 49% 50% 50% I Grigsby Gru ... 14% 14 14 14* Loews Inc • 77% 16% 77 76% Param Fam .... 6074 607* 60*a 607s
Produce Markets
Eggs (Country Run t— Loss off delivered In Indianapolis. 20c: henerv duality No. 1. 24c; No. 2. 24c. _ , . . Poultry (Buying Prlcsei—Hens, weighing 5 lbs. or over. 20c: under 5 lbs.. 18c: Leghorn hens. 14c. springers. 4 lbs. or over. 21e or under 4 lbs., ,19c: Leghorn springers. 15c: old cocks. 9®loc: ducks, full feather, fat whites. 9c- geese. 6c. These prices are for No. 1 ton oualltr. auoted by Kingan & Cos. Butter (wholesale) —No. 1. 43® 44c: No. 2. 41f42c. Butterfat—42. Cheese (wholesale selling orlce per pound)—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts 27c: Longhorns. S4c: New York Limberger 36c. Bn l'nitrd Press NEW YORK. Sept. 4.—Flour—Dull and unchanged: spring patents, $4.85115.75 per barrels. Pork—Dull; mess. $31.50 per barrel. Lard—Firmer; middle west spot. $11.90® 12 per barrel Tallow—Quiet: special to extra. Quiet. 565'ic per lb. Potatoes —Firm; Long Island. $2 50®3.15 per barrel: Jersey. SI IT 2.60 basket. Sweet potai toes—Easv; southern baskets. $1.25; southI err. barrels. 5153.50: Jersey, basket. $2.25 62.50. Dressed poultry- Steady; turkevs. 22<5 50c: chickens. 206 40c; foals, 146 30c: ducks. 12615 c: ducks. Long Island. 16® 19c. Live*poultry— Firmer: geese. ll®16c: i ducks. 15®24c: fowls. 20626 c: turkevs 25 6 35c: roosters. 14c: chickens. 20', 1 32 c. ! Cheese—Firm: state whole milk, fancy to l specials. 24626 c; voung Americas. 20®25c. ! Bn United Press CHICAGO. Sept. 4 —Eggs—Market, firm: receipts. 7.549 cases; extra firsts. 28c: firsts. 27c: current receipts. 25626 c: ordinaries. 16®22c: seconds 12617'ic. Butter —Market, steady: receipts. 7.301 tubs; extras. 38*ic: extra firsts. 376 37'jc: firsts. 35636*2C: seconds. 336 34c; standards. 38’iC. Poultry—Market, firm: receipts. 5 cars; fowls, general run. 22c: springers. 23e; Leghorns. 15c; ducks. 15619 c: geese. 15e.; turkeys. 18c; roosters. 14c: broilers. 22c. Cheese—Twins. lS'ytflS'sc: voung Americas. 19c. Potatoes —On track. 257; arrivals. 113; shipments, 605: steadv; Wisconsin sacked Irish cobblers. $2 6 2.05: Minnesota sacked Irish cobblers. $1: Idaho sacked russets. $2.75. .fit/ Unite* Press CINCINNATI. Sept. 4—Buter—Steady: creamery in tub lots according to score. 36 : 6 39c: common score discounted 263 c: packing stock N0..1. 30c: No. 2. 25c. No. 3. 15c: butterfat. 38 6 40c. Eggs—Steady: cases included: Extra firsts. 30c: firsts. 26c; seconds. 25c; nearby ungraded. 26c. i Live poultry—Thin and coarse stock sells ■ only at heavy discount: fowls. 5 lbs. and ) over. 22c: 4 lbs. and over. 19c: 3 lbs. and over. 15c: Leghorns. 3 lbs. and over. 14c; roosters. 13c; color'd fryers over 3 lbs.. 123 c: broilers, colored, over 2 lbs.. 23c: broilers, oevr l'y lbs . 22c: 1U lbs. and over. 20c; Leghorns and Orpington broilers over IS lbs.. 22c: l’ lbs. ana over. 19c; broilers pirtly feathered. J 56 USm
<Bt Thornton Sc McKinnon
Radio Corp .. 39% 38*. 39* * 39 R-K-O ... 35'* 34** 34% 35 Schubert 18_ Warner ros .... 31’* 30*4 30'* 30% Miscellaneous— Airway App 17% ... 17% 17% Congoleum 12% 12% 127* Am Can 129% 128% 129 129 Cont Can .... 56% 55% 55*a 56 Curtiss Wr 6% 6% 6% 6% Gillette SR... 6d7* 60 65% 6d Real Silk 43 *3% 42% 43** Ulen 257* 23% 25** ... I), S, FAILURES IN BUSINESS DROP Decline Below 2,000 for First Time This Year. Bu United Press NEW YORK, Sept. 4.—ln August, for the first time this year, commercial failures reported to R. G. Dun & Cos. fell below the 2,000-mark, and the margin of increase over the total for a year narrowed appreciably. Thus, last month's defaults in the United States numbered 1,913, and this figure, although relatively high for the season, shows a reduction of 5 7 per cent from the 2,028 insolvencies of July. The decline from the 2,759 failures of last January—the maximum for a single month—exceeds 30 per cent, there having been an almost steady trend toward improvement since that time. The business mortality remains much above the average, but the numerical rise of 8.6 per cent in August over the 1,762 defaults of the same period of 1929 contrasts with an increase of nearly 16 per cent in July. Moreover, last month’s insolvencies were little more than 3 per cent above those for August, 1928. The record of liabilities for last month is more unsatisfactory than is true of the number of failures, the amount reported to R. G, Dim & Cos. being $49,180,653,
In the Stock Market
(Bv Thomson Sc McKinnon) NEW YORK, Sept. 4.—Whatever may be the significance, the activity and strength of the foreign exchanges, particularly London, are worthy of note. To definitely construe the development as a favorable omen without better explanation may be taking too much for granted. Nevertheless it is interesting to recall that weakness abroad a year ago was a forerunner to our own collapse. Observers in London do admit of improved sentiment, based upon opinion that England has passed its crisis of business depression. Supporting the theory that the corner has been turned in our own economic situation, we derive considerable satisfaction from an advance shown for August in a leading price index. It is the first rise in the average prices of wholesale commodities which has occurred since September, 1929. This seems to offset the influence of the decline in wheat prices. The discrepancy between the Stock Exchange loan figures and those of the federal reserve is apparently explained by the fact that private bankers have assumed some of the loans formerly carried by member banks. Changes in brokers’ loans for the time being have ceased to be much of a market factor. If we are to believe that seasonal improvement in business is getting under way, any further setback in the stock market should be viewed as a buying opportunity.
Local Wagon Wheat
City grain elevators are paying 76c for No. 1 red wheat and 74c for No. 1 hard wheat. Marriage Licenses Albert C. Klein, 38. of 344 North Davidson. railroader, and Stacy E. Duton, 39, of 342 North Davidson, clerk. Martin McCracken. 35. of 3057 College, clerk, and Elizabeth E. Holmes, 24, of 325 Berkley road, clerk. Ralph G. Neff. 31. St. Louis, policeman and Alma K. Schroeer, 35, of 1350 Nordyke. Donald J. Thompson. 26. of 325 East Minnesota, engraver, and Josephine Ferguson. 21. of 715 Park. Robert R. Johnson. 44. of 630 Agnes, clerk, and Callie M. Randolph. 37. of 548 North Senate, maid. Grover J. Johnson. 44. Tampa. Fla., carpenter, and Mary R. Moore. 46. of 834 College. Chester F. Hart. 21. of 1013 Union, mechanic. and Katherine Owen. 18. of 1013 Union, clerk. Samuel H. Newman. 34. Anderson, salesman. and Dorothy R. Overhiser. 28, of 2244 Central, clerk. Charles A. Clav. 24. of 818 Collier, mechanic. and Louise A. Finchum, 18. of 1215 North Exeter, clerk. Births Boys Henry and Leetta McMurtry, 716 South Capitol. Paul and Elizabeth Blakeslee, 1901 North Delaware. Ralph and Katherine Harrington, St. Vincent's hospital. Edward and Ruth Griffin, St. Vincent's hospital. Roy and Maud Harbaugh, 568 North Traub. Girls John and Juanita Lawrence, 2448 Indianapolis. John and Zelma Rothroff. 837 Edison. Mose and Martha Dunlop, 1047 West Twenty-seventh. Edward add Dorothy Teeter, 417 West Twenty-sixth. Otho and Martha Hapner, 2921 East Washington. Deaths Thomas Cline. 20 mos., Riley hospital, acute entero colitis. Hortense Rasmussen, 43, St. Vincent’s hospital, septicaemia Ernest B. Martin, 44, 1534 Reisner, hypostatic pneumonia. Tonev Stone, 1 hour, 1310 Edgemont, asphyxia. Charles O. Aldrich, 70, 1141 East Pratt, mitral insufficiency. Havilla Lewis Gaskin, 32. city hospital, pulmonary tuberculosis. Davie H. Porter. 21, 325 North Walcott, pulmonary tuberculosis. Anson L. Hassler. 77. 1427 North Delaware. chronic myocarditis. Lizzie Manning, 37, 325 South Noble, eplipsy. t Hannah Retta Conner, 79, 2112 North Delaware, apoplexy. Arthur Ward Fellows. 6. 2830 East Eighteenth, infantile paralysis. Building Permits Mrs. John Gibbons, garage. 1226 Wade. *2OO. W. C. Kimler. excavate. 803 West Fortythird. *3OO. Charles Bohne, dwelling. 2229 Bowman. s3 M°°'e. Bassett, reroof. 2125 Prospect. *2OO. H. A. Carpenter, dwelling 815 East Fifty-seventh. *9,500. OFFICER QUITS FORCE Arrest Following Auto Accident Causes Policeman to Resign Fronzo D. Wagner, 247 Leeds street, police officer, today resigned the police force following his arrest Sunday on charges of drunkenness, assault and battery and operating a motor vehicle while intoxicated. Wagner’s auto struck-a girl Sunday on Southeastern avenue. Triai is set for Sept. 16 in municipal court. ¥
THE INDIANAPOLIS TIMES
PORK MARKET OFF 25 CENTS AT CITYYARDS Cattle Hold Steady Trend; Veals Unchanged at $11.50 Down. Aug. Bulk. Tod. Receipts. 27. $11.454111.65 $11.65 6.000 28. 11.30011.40 11 40 7.500 29. 11.00011.30 11.35 4.000 30. 11 20 11.20 2.000 Sept. 2. 11735 11.35 7.500 3. 11.254*11.35 11.40 4.500 4. [email protected] 11.20 5,000 Porker prices at the Union stockyards today were largely 25 cents lower than Wednesday’s average, with a few sales ranging 35 cents lower. The bulk, 200 to 250-pound weights were selling at sll to $11.50. A few good and choice loads sold at $11.15 to $11.20. Receipts were reported at 5,000. Holdovers, 1,062. Cattle market more active to steady with a better grade of good and choice steers scarce. Receipts were estimated at 900. Vealer prices unchanged, selling at $11.50 dov”*. Receipts were 700. Sheep and lambs mostly stationary, with a choice grade of ewe and wether lambs selling at Wednesday’s best time at $9 to $9.50. Receipts reported at 1,000. Chicago hog receipts 19.000, including 2,500 directs. Holdovers 6,000. Market mostly strong, with a few early sales of better grades of medium and weighty butchers and packing sows strong to 10 cents higher. The choice of 220-pound averages were selling at $11.15 and good to choice 270 to 290-pounders sold at SIO.BO to $10.90. Early sales on desirable packing sows were ranging from $8.75 to $9. Cattle receipts 7,000. Calves, 2,000, and steady. Sheep 27,000 to unchanged. HOGS Receipts, 5.000; market, lower. . —Light Lights—-(l4o-160) Good and choice... [email protected] —Light Weights—--1160-1801 Good and choice.... 10.65® 10.75 (160-200) Good and choice.... [email protected] —Medium Weights—--7200-220) Good and choice.... 11.00(0’! 1.20 (220-500) Good and choice.... [email protected] —Heavy Weights—-(2so-350) Good and choice 10.75® 10.90 (290-350) Good and choice.... [email protected] —Packing Sows—-(27s-500) Medium and good .. 7.75(5! 9.00 (100-130) Good and choice... 8.25@ 9.25 CATTLE (Slaughter Class) Receipts, 900: 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 7.50® 9.25 —Heifers—-(sso-850) Good and choice [email protected] 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 3.00@ 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, 700; market, steady-. Good and choice $11.00(511.50 Medium 8.00®11.00 Cull and common 6.00@ 8.00 —Calves—-(2so-300) Good and choice 7.50(510.50 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® 5.50 SHEEP AND LAMBS Receipts. t.OOO; market, steady. Good and choice $ 8.75(5 9.50 Common and medium 5.00® 8.75 / —Ewes— Medium and choice 2.50@ 4.00 Cull and common I.oo® 2.50
Other Livestock Bu United Press CHIICAGO. Sept. 4.—Hogs—Receipts. 19,000. including 2.500 direct: fairly active on 190 lbs. and up: strong to 10c higher: lighter weights most.lv steady, slow; packing sows strong to 15c higher; earlv ton, $11.15: bulk good and choice. 190-250-lb. weights, [email protected]: light lights. 140-160 lbs., good and choice. [email protected]: light weights. 160-200 ibs.. good and choice. [email protected]; medium weights. 200-250 lbs., good and choice. $10.75(5) 11.15; heavy weights. 250-350 lbs., good and choice. $10.15@11: packing sows. 275-500 lbs., medium and good. [email protected]: slaughter pigs, 100-130 lbs., good and choice. [email protected]. Cattle—Receipts. 7.000; calves. 2,000: better grade fed steers and yearlings strong to a shade higher: earlv top, $12.60 paid for heavies: yearlings held around $12.75; several loads being sold at [email protected]: lower grade fed steers slow: she-stock very dull and weak at week's decline; slaughter cattle and vealers, steers. 600900 lbs., good and choice. $10.50® 12.75; 900-1.100 lbs., good and choice. $10.50@ 12.75: 1,100-1.300 lbs., good and choice. $lO @12.75: 1.300-1.500 lbs., good and choice. $10<©12.75: 600-1.300 lbs., common and medium. $6.50®10.25: heifers, 550-850 lbs., good and choice. [email protected]; common and medium. s3@lo; cows, good and choice. $5 @8.25; common and medium. [email protected]; low cutter and cutter cows. *[email protected]: bulls, yearlings excluded, good and choice, beef, s6@7; cutter to medium. [email protected]: vealers. milk fed. good and choice. $10.50 @l2: medium. [email protected]; cull and common. $7.50@9; stocker and feede% cattle, steers, 500-1.050 lbs., good and choice. [email protected]; common and medium. [email protected]. Sheep— Receipts. 27,000: market about steady: native lambs scarce, barely active: bulk to packers. [email protected]: few to city butchers, [email protected]|); bucks, mostly [email protected]; rangers unsold; fat native ewes. *[email protected]: slaughter sheep and lambs, lambs 90 lbs. down, good and choice. [email protected]: medium. $6.50@8: all weights, common. [email protected]: ewes. 90-150 lbs., medium to choice. [email protected]; all weights, cull and common. $1.50@3; feed- - ing lambs, 50-75 lbs., good and choice, [email protected].
81l United Press CINCINNATI. Sept. 4.—Hogs—Receipts, 3.500, including 1,400 direct: holdovers. 400: mostly 15c lower on butchers, upward from 170 lbs.: pigs and light lights steady to 25c lower: sows steady: better grade. 170-239-lbs. butchers, mostly *11.25; some 240-275 lbs.. *19.604*11.10: most 130150 lbs.. *10; sow-s. $8.25® 8.50. Cattle Receipts. 800: holdovers. 900: calves. 450: slow, indifferent trade on lower grade steers and heifers; better grade scarce, steady: cows w’eak with lower undertone: bulls in narrow demand at *6.50 down; few better grade light steers and heifers. sß# 10: most cows. *5455.75: low cutters and cutter cows, s3® 4; vealers steady; good and choice, $104511.50; lower grades. s6# 9.50. Sheep—Receipts. 700; generally steady: better grade lambs. 58.50@9: medium grades largely $6.50@i7; common throwouts. $5.50®6; fat ewes, $2,504? 4; culls downward to *l. Bn United Press PITTSBURGH. Sept. 4.—Hogs—Receipts. I. holdovers. 750: market, slow; mostly 25c lower: choice. 180-210 lbs.. $11.35® 11. mixed light and medium weights. sll.lOOll-30: 250-300 lbs.. *10.75® 11; heavier weights, down to $1: 100-140 lbs. mostly. 59.2559.75; sows, steady, medium to good. $8.25418.75. Cattle—Receipts. 12: market, steady; bulls, weak. Calves—Receipts. 125: atwstt steady: bulk common and medium vfalers. *s@9: better grades up to *12.50. Sheep—Receipts. 750; steady: choice fat lambs, medium to good. S7@ 8.50. Bn United Press , EAST ST. LOUIS. 111.. Sept. 4.—Hogs— Receipts. 11.500: market, moderately active at steady prices with best time Wednesday; top. *11.10: most 180-240 lbs.. *11#11.10; 160-170 lbs.. *10.754/10.90: 130-150 lbs.. *9.25® 10 50: packing sows. *7.85# 9. Cattle—Receipts. 2.500. Calves—Receipts, 1.500: market, good to choice steers, active: fully steady; several loads. *11.25® 12.35: grass steers, slow: fat heifers and low cutters, steady: grass heifers, beef cow and bulls slow: vealers, 25c higher at *11.75. Sheep—Receipts. 2.000: market, slow: few earlv sales fat lambs to packers steadv at *8®8.25: throwouts steady at *4.50 mostly; sheep, unchanged; fat ewes. $4 down. Bn Times Special LOUISVILLE. Sept. 4—Hogs—Receipts. 600: market. 10c lower: 250 lbs. up. $10.35: 165-250 lbs.. *11: 130-165 lbs.. *9.45; 130 lbs. down. *7.65: roughs. *7.15: stags. *6.55. Cattle—Receipts. 200: market, slow, steady: prime ’.ieiw steers. *8.50# 10: heavy shipping s;e7s. *7#8.50: medium and plain steers. ?.5.50#.7: fat heifers, $5.504510: good to choice cows. *4.50#6: medium to good cows. $3.75# 4.50: cutters. *3.25453.75: canners. *2#3: bulls. *4#6: feeders. *5.50®7: Stockers. *4®6. Calves —Receipts. 300: market, steady: choice. $7.50459: medium to good. Ss@l: common to medium. *4455. Sheep—Receipts. 400: market, steady: ewes and wether lambs. *8: buck lambs. *7: seconds. *4454.50: clipped sheep. *2.50® 3.50. Wednesday's shipments: Cattle. 58: calves, 157: hogs. 134: sheen, 327. Bn United Press EAST BUFFALO. N. Y.. Sept. 4.—Hogs— Receipts. 1.600; holdovers. 400; market, fairly active, mostly to packers, steadv to 10c lower: bulk 160-220 lbs.. *11.604511.65: mixed offerings. *11.35# 11.50: 140-150 lbs.. [email protected]; 30 lbs. down. *9.75® 10: packing sows. *8.50® 9. Cattle—Receipts. 100; cows, unchanged: cutter nades. *3454.50. Calves—Receipts. 400: vealers slow, generally 50c lower: good to choice. *1345 13.50: common and medium. *8.504511.50. Sheep—Receipts. 1.000: fat lambs fully steady: others slow: good to choice. SS 50:
Dow-Jones Summary
LONDON— New York cables opened at 4.86 s *. unchanged; Paris checks, 123-79, Amsterdam, 12,082; Italy, 92.905; Berlin, 20.39. f Bank of England statement for week ended Sept. 4, shows circulation 362,982,000 pounds, against 360,868,000 Aug. 28. Ratio 47.7 per cent against 48.9 per cent, and bullion 155,521,000 pounds, . against 155,887,000. Salt Creek Consumers Oil Company declared regular quarterly dividend of 10 cents, payable Oct. 1, record Sept. 15. Production of electricity by Electric Light and Power Industry in United States in week ended Aug. 30. 1,664.043,000 kwh., about 11,700.000 kwh less than previous week, 3.3 per cent below same week of 1929. but 5 per cent above 1928. American Gas and Electric Company subsidiaries report output of 78,692.000 kwh in week-ended Aug. 30. a decrease of 4 per cent from like 1929 week. American Glanstoff Corporation advanced prices of imported 150 denier, 25 and 30 filament first quality rayon yarn to $1.05 a pound. First advance in rayon yarn since March, 1927. American Cvanamid Company in year ended June 30. 1930. earned $1.86 a snare on combined 2.470.119 class A and B common shares against $1.56 a share on 1.325.462 combined shares at end of preceding fiscal year. Reliance Manufacturing Company of Illinois passed quarterly dividend of 37% cents on common due at this time. Regular quarterly dividend of $1.75 on preferred declared payable Oet. 1, record Sept. 19. United Carbon Company declared regular auarterly dividend of 50 cents on common payable Oct. 1, record Sept. 13. 3. C. Penney Company declared regular quarterly dividends of 75 cents on common and $1.50 on preferred both payable Sept. 30. record Sept. 20. Loose-Wiles Biscuit Company acquired Tru-Lu Biscuit Company for 15,760 common shares and $250,240 cash. New England Power Association declared regular Quarterly dividend of 50 cents on common payable Oct. 5; record Sept. 30. Company also declared initial quarterly dividend of 50 cents on new $2 dividend preferred stock and regular quarterly dividend of $1.50 on $6 perferred stock, both payable Oct. 1. record Sept. 10. Exchange buffet August sales $437,888 decrease of $75,560 from Auggust. 1929. Four months $17,979,226 decrease of $111,825. Webster Einsenlohr stockholders approve conversion of present $25 par stock Into 500.000 no-par common on share-for-share basis and other capital changes. Acquisition of Webster Cigar assets also approved. Merchants and Mine Transportation Company declared regular quarterly dividend of 62% cents, payable Sept. 30. record Sept. 15. National Shirt Shops August sales were *472,596. increase of $22,327 Over August. 1929. Eight months $2,333,092, increase $165,134. New passenger car registrations in United States during July totaled 254,098 cars, a decrease of 2.5 per cept from July, 1929. Seven months 1,907,617 cars, a decrease of 26.28 per cent from 1929 period. United States flour production in four weeks ended Sept. 3 was 6.620.576 barrels, decline of 163.748 from like 1929. period. Output from June 30 was 13,948,103 barrels against 13,978,010. Chicago & Northwestern revenue cars in August was 155,690 against 147.956 in July and 195.576 In August. 1929. Bank of France statement week ended Aug. 29 shows gold 47.241.000,000 franeg, against 47.194,000.000: Aug. 22 circulation 73.676,000.000. against 72,016.000,000. and ratio 51.62 per cept. against 52.51 per cent. Wabash August revenue carloadings 76,*'92. against 74,722 in July and 100.755 in August. 1929. Great Lakes Towing declared regular quarterly dividend of $1.50 on common and 1.75 on preferred common payable Sept. 30. and preferred payable Oct. 1; record Sept. 15. August sales on New York Stock Exchange 39.863,300 shares daily average of 1,594,732 shares. Total 95,698,400 in same 1929 month. Mountain Producers Corporation declared regular quarterly dividend of 40 cents. Gasoline stocks declined 1,027,000 barrels in weejj ended Aug. 30 to 38.518.000 barrels according to American Petroleum Institute. Collateral loans of members of New York Stock Exchange Aug. 29 decreased’ $90,849,228 in month to $3,598,633,069. Total year ago was 7.881.
LUDLOW INDORSED BY SIXTEEN LABOR UNIONS Locomotive Firemen and Enginemen Latest to Take Action. Louis Ludlow, Democrat, Seventh district congressman, has been indorsed for re-election by sixteen of the standard labor organizations, according to Alex Gordon, legislative chairman of the Brotherhood of Locomotive Firemen and Enginemen. Gordon has just returned from Washington where the unions executive committee met. Brotherhoods and unions recommending Ludlow are: The Brotherhood of Railway Carmen, the Brotherhood of Railway Clerks, Freight Handlers, Express and Station Employes: the Brotherhood of Firemen and Oilers: the Brotherhood of Maintenance of Way Employes and Shop Laborers: the International Association of Machinists, the Brotherhod of Railway Signalmen, the Trainmen’s Dispatchers’ Association, the Brotherhood of Locomotive Engineers, the Brotherhood of Locomotive Firemen and Enginemen. the Order of Railway Conductors. the Brotherhood of Railroad Trainmen, the Switchmen's Union of North America, the Order of Railway Telegraphers. the Brotherhood of Boilermakers and Helpers, the Brotherhood of Blacksmiths. Iron Shipbuilders, etc.: the Brotherhood of Electrical Workers and the Brotherhood of Sheet Metal Workers International Alliance. LINGLE MURDER GUN SELLER SURRENDERS “Gangland Armorer" Faces Charge as Accessory in Slaying. 81l United Press CHICAGO, Sept. 4.—Peter von Frantizius, sporting goods dealer sometimes called the ‘‘gangland armorer," because he sold the gun which caused the death of Alfred J. Lingle, Chicago Tribune reporter, surrendered late Wednesday. He had been missing more than a week after an indictment had been issued, charging him with being accessory before the fact in the reporter’s death. Von Frantizius sold a dozen snubnosed pistols to Frank Foster, gangster, now under indictment in connection with Lingle's murder. One of the guns was tossed away by Lingle’s slayer last June 9 in a Michigan boulevard subway. Other Livestock B TOLEDOSept. 4.— Hogs—Receipts. 400: market, pigs 25c lower, others steady; heavies. *10.25(5 10.75: mediums. [email protected]; Yorkers. $9.50@10: pigs. *9*19.50. CattleReceipts. light; market, active and strong. Calves —Receipts, light: market, steady. Sheep—Receipts, light: market, slow. 81l United Press CLEVELAND. Sept. 4.—Hogs—Receipts. 1.400: holdover none: most weights. s#lsc lower: sows and stags steady: pigs 25c on: 160-200 lbs.. *11.35: choice, 220-250 lbs.. *11.10: 250-300 lbs.. *10.85: pigs. *9.50. Cattle—Receipts. 200: common steers predominating around steady; few sales. S7@ 7.75: fat cows steady. [email protected]: cutter grades around *2.75® 4.50: sausage bulls 25c lower, around *5416.50; bulk. *5.35(5 5.50. Calves—Receipts. 300: fuUv steady: ! better grade vealers. *l4# 14.50: medium : kinds *10.50# 12.50. Sheep—Receipts, i 1,400: few opening sales steady, but late i undertone weak to 25c lower: good to I choice lambs around *9#9 50, few prime higher- medium and common throwouts. j *5.50# 7.50: sheep unchanged. NEW YORK COFFEE RANGE High. Low. Close. j March 6.05 5.86 5 98 Mav 6.00 5.86 5.95 l Julv 5.96 5.85 5.90 September— 6.00 f 7g 8.97 December JL *-ia 1.36 6.9®
WHEAT HOLDS STEADY TREND IN DUUJRADE Even Cables and Scattered Selling Give Grains Better Tone. Bu United Press CHICAGO, Sept. 4.—Wheat opened unevenly steady on the Board of Trade today. Steady foreign cables and only scattered selling gave the market a better undertone. Liverpool followed the decline here Wednesday, but the drop brought in better buying. Com was fractionally lower at the start, with the failure of frost to materialize overnight having a depressing effect. Oats were unevenly steady with wheat. Liverpool Lower At the opening wheat was % cent lower to ?s cent higher, corn was 1. cent to cent lower and oats were % cent lower to % cent higher. Provisions were firm. Liverpool was not as low as expected at the start, but went lower later to stand % cent to 1 cent down at mid-afternoon. Prices there are now below the dollar mark for the first time in many years. Near the close Wednesday, wheat here was at the lowest levels in sixteen years. The trade is mainly bearish believing there is not enough buying support, either speculative or otherwise, to offset the Canadian pressure incident to the movement of the spring wheat crop. An unsettled market is expected for the next several weeks until the movement has ended. Wheat Is Influence The bulls in corn interpreted the government weekly crop report, with its statement that precipitation during August was as insufficient as during the first half of July, as indicating a possible further large reduction in the crop. The weakness in wheat is at present the dominant influence. The depression in wheat caused the selling of oats by local longs. Good support appeared on the dips. The latent strength was due largely to the strong cash situation. Chicago Grain Table —Sept. 4 WHEAT— Prev. High. Low. 11:00. close. Deo 88% .88% .88% .88% Mar 92% .92% .92% .92% May (.95% .95% .95% .95% CORN— ' Dec .93 .92% .92‘,8 .92% Mar 95 .94% .95 .95 May 97% .96% .97 .97% OATS— Dec 43% .42% .43 .42% Mar 45% .45 .45% .45% May 46% .46% .46% .46% Dec 61 s * .61 .61% .60% Mar 68% .65’4 .65% .65% May 68% ~68 . 68% .68 LARD— Oct 11.35 11.25 Dec 11.00 10.97 Bu Times Soeeial CHICAGO. Sept. 4.—Carlots; Wheat, 15; corn, 76; oats, 68. Bu United Press CHICAGO, Sept. 4.—Cash grain close: Wheat—No. 2 red. 86%c; No. 1 hard, 85c. Corn—No. 2 mixed. 99’J>@99%c; No. 3 mixed. 99c: No. 5 mixed. 98c; No. 6 mixed, 96@97c; No. 1 yellow. 99%[email protected]%; No. 2 yellow. 99%[email protected]%; No. 3 yellow. 98’% @99%c; No. 5 yellow, 98@98%c; No. 2 white, $1.02%. Oats—No. 2 white. 40® 40**c; No. 3 white. 39’.*@40%c; No. 4 white. 38%c. Rye, none. Barley—ss@7lc. Timothy—ss.7s®6. Clover, [email protected]. Bu United Press TOLEDO. 0_ Sept. 4.—Grain close: Wheat—No. 2 red. 89%@90%c. Corn--No. 2. yellow. [email protected]. Oats —No. 2 white, 43%@44%c. Rye—No. 2. 77c. Barley— No. 2. 61c. Clover—Domestic prime old, $14.25; prime new, $14.75; prime choice new. $15.10: prime choice old, $14.55; October, sls: December, $15.25; March, $15.75. Alsyke—Cash. $12.50: October, $12.75; December. sl3. Butter—Fancy creamery. 43@44c. Eggs—Country run. 25 @2Bc. Hay—Timothy. $1.60 per cwt. DAUGHTER OF ENVOY TO CUBA GIVEN DIVORCE Husband Failed to Provide Her With Amusements, Says Mrs. Lewis. Bu United Press RENO, Nev., Sept. 4.—Mrs. Charlotte Potter Lewis, New York social leader and stepdaughter of Harry F. Guggenheim, American ambas-
wm f. ""'x m?* - afflfilittffe- V*
sador to Cuba, has been granted a divorce from Reginald M. Lewis, New York. Mrs. Lewis is the second Potter girl to obtain a divorce here in recent months. A sister, Jean Soldwedel, secured a diyorce
Mrs. Lewis
from Frederick A. Soldwedel. Mrs. Lewis, who was married at Ridgefield, Conn., in 1926, charged her husband with being critical of her actions and failing to provide her with amusements. A property settlement was made out of court.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: Lvnn Williamson. 146 West Eighteenth street. Chevrolet coupe. 78-515. from 3123 Central avenue. Raymond Rice. New Richmond. Ind., Chrysler coach 602-265. from Tenth and Gray streets. Peggy Brown. 510 North Noble street. Erskine sedan. 76-284. from 518 North Noble street. Randell Ball. 847 Udell street. Whippet, sedan. 90-466. from Thirtieth street and White River boulevard. George Stickney Jr.. Grand Rapids. Mich.. Ford coach. 638-169 Michigan, from Meridian and St. Clair streets. Jack Rodgers. 426 North Tibbs avenue. Ford touring. 769-750. from rear of Y. M. C. A. Oral Fostedt. 1309 North Pennsylvania street. De Soto coupe, from 1309 North Pennsylvania street. . Bruce Dean. 625 Collier street. Chrysler touring. 740-427. from Capitol avenue and Eleventh street. Mrs Nanie Mable. 124 West Bushy street. Lebanon. Ind.. Ford coach, from 430 Massachusetts avenue. Frank R. Miller. Terre Haute. Ind. Hudson sedan. 155-333. from parking space at statehouse.
BACK HOME AGAIN
Stolen automobiles recovered by police include: Ford coupe. 85-322 Rhode Island, found at Chesapeake and Meridian streets. SHOOTS WIFE AND SELF Domestic Quarrel Climaxed When Man Fires Fives Times at Mate. By United Press CLEVELAND, 0., Sept. 4.—Frank Bartok, 39, was dead and his wife Daisy, 29, was in a critical condition suffering from bullet wounds today, as an aftermath of a domestic quarrel, climaxed when the husband pumped five revolver slugs into his wife’s body and then shot himself. . j JF WILD IHjSTMFNT CO i North American Trust Shares LA Fixet* Trust US £. Market _ Llneola MM
The City in Brief
City coundlmen and Mayor Reginald H. Sullivan were guests of City Controller William L. Elder Wednesday at a dinner at the Indianapolis Athletic Club. Speakers praised the manner in which city officials handled preparation of the 1931 budget which was approved Monday night, placing the city tax rate at sl.lO. Annual family outing of the Indianapolis chapter. National Association of Cost Accountants, will be held at Forest park, Noblcsville. on Saturday afternoon. Fifty-fourth annual reunion of the Fifty-first Indiana Volunteers, Civil war veterans, was held Wednesday at Garden Baptist j church. 314 Bright street, with six j survivors attending. Former Harrison county residents in Indianapolis will hold a reunion in Garfield park, at 1:30 p. m. Sunday. A picnic dinner will be served. In the Air Weather conditions in the air at 9 a. m.: East wind, 9 miles an hour; barometric pressure, 30.22 at sea level; temperature, 68; ceiling unlimited; visibility, 3 miles; field, good. Arrivals and Departures Mars Hill Airport—Embry-Riddle passengers to Chicago included Earl Houch, Indianapolis, and Albert Katz, Chicago; passengers to Cincinnati included R. W. Scallan, Cincinnati; T. A. T. passengers eastbound included Mr. and Mrs. E. A. Leonard, Columbus, O.; F. C. Evans, York, Pa.; Edward Lowery, St. Louis; H. C. Howard, Marott hotel, Indianapolis; Miss Ellen Espy, Maple road, Indianapolis, and Charles C. Culver, St. Luis; westbound passengers included J. M. Allman, St. Joseph, Mo.; Mr. and Mrs. Ralph G. Elvin, 3060 North Meridian street; Frank Sharer, Bay City, Mich., and W. R. Waterman, Detroit. Hoosier Airport—H. C. Brooks and Arthur Chevrolet returned from Detroit, Chevrolair Robin, experimental plane; Billy Parker. Chicago to Bartletsville, Okla., Travel Air; Thomas C. Huntington, Indianapolis to Frankfort, Travel Air; Arch Glopach, Ft. Wayne to Indianapolis and return, Stinson. Invalid Takes Ride An invalid who had suffered for years from a fall that broke sixty bones, while he was pioneering in aviation as a balloonist, boosted aviation today, after a plane ride Wednesday, by declaring it is 1,000 per cent safer than automobile riding. This daring airman of the old school is Jesse F. Harrell, operator of a printing shop at 132 West Fourteenth street. Thirty-five years ago he fell into a tree from 1.000 feet after a parachute failed to open at Peru, Ind. Wednesday, lying on his cot, he flew over northern Indiana with Bob Shank, Hoosier airport president, in a Travel Air plane. Map Hop to Hungary Bu United Press * DETROIT, Sept. 4.—An attempted one-stop flight from Detroit to Budapest, Hungary, will start here Friday when Captain George Endres and Lieutenant Alexander Magyar take off at 6. With their Lockheed-Sirius monoplane, Justice for Hungary, fully tested, the two aviators said today that plans were completed for the take-off. They plan to fly from here to St. Johns, N. F„ refuel and then make the long ocean hop. They hope to reach Budapest without a stop after leaving St. Johns, but if necessary, they will refuel a second time in England. ATTACK CASE PROBED Two Accused After Alleged Attempt of Auto Assault. John Roberts, alias Robert Morris, 1330 East Market street, was held today on assault and battery charges, and Charles E. Slocum, 37, of 36 North Randolph street, on drunkenness and vagrancy charges, after Roberts is said have attempted to attack a 17-year-oid girl in his auto on Franklin road, near Raymond street, Wednesday night.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW FORK MEMBERS New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Cnrb Association Rooms 200-214 Circle Tower Telephone Lincoln 5501
Children of Indianapolis are offered exceptional opportunities for education in both Kindergarten and grade school work. Small classes will be conducted by expert teachers using modern, progressive methods, under the guidance of professors of education from Butler University. Special attention to the development of each individual child. •Attractive surroundings. Newly decorated buildings. Low tuition fees. Hot lunches served. Complete information may be had at the school from members of the staff. JACKSON MODEL KINDERGARTEN AND GRADED SCHOOLS OF TEACHERS COLLEGE, ALABAMA AND TWENTY-THIRD STREETS. NOW COMBINED WITH BUTLER UNIVERSITY TALBOT 1904
.SEPT, 4, 1936
MUST OF U. S. UNEMPLOYED IN■ LARGERJITIES Duluth Had Highest Rate of Jobless When 1930 Census Was Taken. Bu United Press WASHINGTON, Sept. 4.—Most ofi the nation’ 2,500,000 unemployed ara concentrated in the big cities, statistics made public today by tha census bureau showed. The figures covered the number of unemployed persons in each city of more than 100.000 population. They showed that in most cities of this class more than 3 per cent of the population was without jobs, whereas the unemployment average of the country as a whole is about 2 per cent. Duluth had the highest percentage of jobless when the census was taken in April, the figures showed. Os Duluth’s total population of 101.417, there were 5,444 persons, or 5.4 per cent, out of work and seeking employment. Detroit led the larger .cities with 78,153, or 5 per cent of its population. New York City's total of 234,854 was the largest numerically, represented only 3.4 per cent of th<3 population. Next to New York in point of numbers was Chicago with 145,852, or 4.3 per cent. Philadelphia, the third largest city, had less unemployed than Detroit, the fourth largest, Philadelphia’s total was 73.275, or 3.7 per cent. Los Angeles, the fifth city, had) less unemployed than Cleveland, tha sixth. Los Angeles had 41,253, or 3.3 per cent, as compared with 41,343, or 4.6 per cent for the Ohio* metropolis. Unemployment in Indiana was as follows; % Number of Perdtit of Unemployed Population Evansville 2,364 Ft. Wayne 2.575 2.2 Garv 2.128 2.1 Indianapolis 15,942 J { South Bend 3.140 3.(1 MICHAEL TO TEACH AT I. U. EXTENSION Post-Graduate Student Named Thysiology Instructor. Appointment of Amos C. Michael, , post-graduate student, Indiana university school of medicine, as physiology instructor, Indiana university center here, is announced. Michael
is a graduate oC De Pauw university and former instructor there and at Indiana university. A laboratory course in physiology for science students and teachers of physical education will be offered on Wednesday evenings. Other science Courses given at the extension center this year will include chemistry, by Bert S.
A. C. Michael
Davisson; zoology, by William P. Morgan, Indiana Central college; hygiene, by Dr. Thurman B. Rice, Indiana university school of medicine. Courses will start Sept. 25. GIRL ‘HOBOES’ BRING NEW SOCIAL PROBLEM ~ Hitch-Hiking Misses Described by Travel Aid Secretary. By United Press CHICAGO, Sept. 4.—A self-reli-ant miss in knickers, waiting by the roadside with thumb pointed toward the hills, typifies the new American girl problem, as described by Chicago social workers today. She travels with whoever will give her a ride in cushioned limousines and resembles the traditional hobo only in her ability to exist without working. “The ease of hitch-hiking and the readiness with which other travelers pass out money are the two factors which are making hoboes of girls," said Mrs. Edith Hennessey, extension secretary of the Travelers* Aid Society.
