Indianapolis Times, Volume 42, Number 103, Indianapolis, Marion County, 8 September 1930 — Page 10
PAGE 10
STOCK MARKET FORCED HIGHER IN HEAVY TRADE Profit-Taking Fails to Halt Issues in Early Selling.
Average Stock Prices
Average of thtrtv Industrials for Saturday was 243 64. up 3.27. Average of twenty rails was 132 16. up 84. Average of twentv utilities was 87.19. up 1-®*. Average of forty bonds was 97.31. up .02. ana a new high for 1930. Bu United Tress NEW YORK, Sept. B.—Profit-tak-ing attracted by Saturday's advances in the main body of stocks failed to halt the stock market from pushing into new high ground since June during the morning trading today. While advances were small and partly offset by declines in several special issues, the market gave an excellent account of itself and large blocks of the principal trading stocks were taken on the advance. The advance was checked somewhat around 11 o'clock, but the list later firmed up. Steel Advances Steel common continued a conspicuous feature of strength, rising nearly a point to anew high for the movement at 173 : ;4, before meeting large offerings. Similar advances into new high territory for the current upswing were made by high grade shares such as American Can, General Electric, Westinghouse and most of the public utility and amusement shares. Trading volume continued well in excess of recent activity, indicating an increase in public participation. Buying operations also showed a distinct tendency to broaden to include many of the cheaper shares. Among the special issues to advance were Westinghouse Air Brake, Air Reduction, Du Pont, Omnibus Corporation, Burroughs Adding Machine and Auburn Auto, the latter rising nearly six points. Strength in Auburn stimulated heavy buying of other automotive shares. General Motors changed hands in huge blocks around noon on an advance of a point. Chrysler, Packard, Hupp, Willys-Overland and other leaders were strong. Rails Are Quiet With buying in the motors eclipsing anything seen in this group for months, pool operations were resumed with vigor in other sections of the list. Loew’s, Inc., advanced to new high ground on the current recovery and Radio-Keith was taken in large blocks at an advance of nearly a point. Oils, however, were resistant and failed to participate in the forward movement. Rails, likewise were quiet. The noon trading was enlivened by the appearance of numerous sales on the ticker of more than 5,000 shares each. One block oi 9.000 shares of General Motors changed hands and blocks of 5,000 shares or more appeared in General Electric, Yellow Truck and International Nickel.
Bank Clearings
INDIANAPOLIS STATEMENT Hearings 7 8CC h. 8 “ *3.282.000 Debits o.s^b.uuu r l earin as C,,,CAG ° STATE . M . ENT S66 ., 0 0.000 Balances* ".i 1!"i i■ ■ ■ " “0.000 NEW YORK STATEMENT Clearings $553,000,000 redl. n ßes. Bank Cr. Bal. 116.000.000 TREASURY STATEMENT Net balance lor Sept. 5 S in'nqa'fisa'"e Expenditures .••••••, 1 2-io2 - io30? Customs recpts month to date 5.183.103.u<
New York Bank Stocks
—Sept. 6 Bid. Ask. America ®®*' a Bank of United States.... 4 41 42 Rankers - Brooklyn Trust _;2‘ ' 9 2 Central Hanover “43 Jso Chase National...... • - Chatham Phoenix National. 10b 108 City National J}•” - Corn Exchange Commercial V," Continental i’ First r National' ‘ ■ ■ 5.000 5.n:,0 Guaranty 6"? 6 "“ Manhattan & Cos l' J * 9 , Manufacturers „? 9 J New York Trust 252 200 Chelsea 68 * 69 * New York Curb Market <Bv Thomson & McKinnon I —Sept. 8— „ Open. Open Am Com Par.. 20'a Goldman Sachs. 20'* Am Gas &: El.. 132' j Gulf Oil 119’e Am Lt & Tr... 62VHudson Bav. .. 8 Ark Gas ....... 9' Humble Oil gl 3 * Brazil P & L... 36 'lnt Super 38“ Can Marc .... 4'. Int Pete 19^* Ciites Serv 29’. Mo Kan Pipe... 20 1 , Cons Gas 119 3 4 ( Nat Av 9 Cord 8 iNia Hud Ptvr... 18 Crocker & Wh. . 19 3 4 Panteoec 2>b Durant M0t.... 4 Penroad 10^ Elec Bond Sh.. 84 iStd of Ind .. j Fokker . 18’. Un Lt A- Pwr *V ? FOrd of Can. . 29'. Ut In Ind . 13’ Ford of Ena .. 2lVVacuum Oil BJjB J j Fox Theater A. 11 ' Chicago Stocks Opening (Bv James T. Hamill & Co.I —Sept. 8— kuburn Motors 125 Insull comi .... .*• Bendix Avia.... 33 Insull 6s 1940. 103 ■;> Borg Warner... 29 3 .‘Lvnch Glass ... 20 Cent So West.. 23*. Majestic Hsehold o 5 Cord Corp 8 'Marshall Fields 41 Conti Chi C c 13’ 4 Midland U com 26 Conti Chi C p. 43> 2 Middlev.est com. 29:. Chi Corpn com ll 3 . Natl Securities p 88_ Chi Corpn pfd. 41 Nor &So Amer 13'n Chi Securities 23'. U S Radio AT. . 26> 2 Gen Thea Eo.. 35 3 . Util & Indus c 13 3 . Grigsby Grunow 14 3 a Util & Indu pfd 23'j Houdt B 8 !Zenith Radio... 8 Elec Household. 48V
Local Wagon Wheat
Citv rrln elt\ntors are navinc 79c for |: n 1 red wheat and 77c for No. 1 hard wheat. CLUB PROGRAM READY Autumn Activities at Hoosier Ath letic Club to Start Sept. 15. ' Autumn program of the Hoosier Athletic Club will be under wa>\ fcept. 15, officers of the recently organized club said today. Gymnasium classes will be under George Llpp, and Mrs. Flora Kinder and Bud Sawin will have charge of swimming. Dancing will begin Sept. l 20, with music under direction of Henry Stiles. Open house dates are I set as Sept. 23, 24 and 25. JUST FRACTUREtTSKULL Boy, 12, Hit on Head With Brick, Complains of Headache. Uv I'niteii f*rr*s CHICAGO. Sept. 8. William King. 12. complained to his parents that he had a headache. Questeioned, he explained that another boy had hit him in the head with a brick two days befeve. He was taken to r doctor. An X-ray showed the boy's skull was fractuced.
New York Stocks “————- 1 Bv Thomson & McKinnon t
—Sept..*— _ Prev. Railroads— High. Low. 31:30. close. Atchison „ Blt Sc Ohio 102 -1021. Chesa Sc Ohio.. So’ *O% 50% 51‘ Chess Corp ... 70 69% 70 69% Chi Grt West * Chi N Wc.t ,<!'* C R I Sc V JOO Del L Sc W 116 ' Erie . .. ...... 41% 41'. 41'. 40". 1 Gulf Mob & Oil • ■ 30 ' Illinois Central lla 1134i Kan City So Lou Sc Nash... , •, I M K Sc T 43'a 43 *3'2 42 Mo Paclhc pld.. 123% 123 ’.% 123*. N Y Central 165*S 16a'i 194% 165% NY NH St H 106S ... I O Sc W „?14 .Pennsylvania .. 74% 14% 74 % rf So Pacific 119*4 11 >*4 119 Ill's 'Southern Ry ... 85*. 84% 84% 36' St Paul 16'. 15*4 15 2 a 15*4 St Paul pld 24 23% 24 23*. St L Sc S F 91*2 Union Pacific 21 s 219% W Maryland ... ... ... 24*. 2* West Pacific 181. Equipments— Am Car Sc Fdy 32',i Am Steel Fd -o'a Am Air Brake S 431s 43% Gen Am Tank.. 90'4 89% 89*. 90'. 'General Elec ... 74*. 73% 74% 74% | Gen Ry Signal.. 82 811a 82 Lima Loco 26 ,2 N Y Air Brake 40 (Press Stl Car... 81a 8% B*. 8 i Pullman 6912 69 69 69*. Westlngh Air B 40 38*4 40 38*4 Westlngh Elec.. 156 153*4 156 155 Rubbers— Firestone 19*4 I Fisk 2’n 2 .21* 2 Goodrich 231. ... 2314 23*4 Goodyear 55 5312 54 53'/. Kelly Sprgfld ... 41. 31. 3*. 4 Lee Rubber 5 U S Rubber .... 20 1 /. ... 201. 20 Motors— ... Auburn 128*4 123'a 128 125 Chrysler 281a 28'4 28% 23** Gardner 2'a General Motors. 45*4 451a 40% 40% Hudson 301a 30% HUPP 1314 131a 131a 131. Mack qO% 591. u§ 7 /* 60% Marmon 10’. ... Nash 35 34*4 35 35 t Packard 13% 13*4 13*. 13% ! Reo 12-4 12 12 12*4 Studebiker 21*. ( Yellow Truck 2314 23 23 23 % ; Motor Access— Bendix Aviation 33*. 33 33% 32*. : Bore Warner 20’ 29-4 ! Briggs 20’4 20*a Eaton 24% 23'a 241a 2314 El Stroage 8... 70 69’. 70 ... 'Haves Body .. ... . ■ 7 1 Houda 8 7*4 8 71* I Motor. Wheel 22 Sparks-W ■ 22 22 * Stewart Warner 271. 27 27 27% Timkin Roll 681a 68 68% 68 Mining— Am Metals , ••• 20 Am Smelt 71% 701a 711. 70% Am Zinc , 10, 10% Anaconda Cop... 4814 41*4 48 4 4/r* Cal & Hecla ... 14% 13*. 14% 1314 Cal Sc Ariz 51*. 50*4 51*. 50*4 Cerro de Pasco.. 44 s . 4 31a 431a 43% Dome Mines ... • • • B*4 Freeport Texas 46*4 16% 46’a 461* Granby Corp ... 231a 23*. 23 s . 23 Great Nor Ore 21 ... Howe Sound 31*1 31 31 20'a Int Nickel 261. 25’. 26 25% Inspiration ... .. 14 s . Kennecott Cop.. 3714 36% 37 36’a Magma Cop 3014 Miami Copper 15 Nev Cons 14’* 14'i 14’* 14% Texas Gul Sul.. 60** 591* 60** 59 1 2 U S Smelt 21 "s 22 Oils— Amerada 241* 24*4 2414 24 Atl Refining ... 34 s * 34% 34‘a 34>4 Barnsdall 32% 22** 221a 22** Houston 78*4 77 77 77% Ind Oil 241* 24*4 241, 2414 Indian Refining.. 11*8 11 11 11 Vi Mex Seaboard.. 231, 23 23 22*/* Mid Conti 23'a 2314 23'a ... Phillips 33% 331* 33% 3314 Pr Oil & Gas 34% 35 Pure Oil 19’* 19*4 19*4 19T4 Richfield 1714 171* 171* 17 Roval Dutch 4814 Shell Un 15 15 Simms Pt 201, 19'a 20'4 19% Sinclair 21% 21'* 21'* 21*4 Skellv 28 Standard of Cal . 61% 60’* Standard of N J 701, 69*4 69*4 701* Standard of N Y 31 >4 311* 31'* 31 Texas Cos 51% 51',8 51% 51 1 a Union Oil 40% Steels— Am Roll Mills .. 53*4 52'a 53 1 4 5314 Bethlehem 59% 89'. 89*., 89’* Byers A M 78 7614 76’a 77*4 Colo Fuel ... 5114 Ludlum ... 2114 21 Midland 3114 Newton 27’/. Repub I& S 3614 37 1 U S Steel 173** 172*4 173'a 173 Vanadium 87’* 861* 87'a 8714 Youngst S & W 411* 41 411* 411* Tobaccos— Am Tobacco (A1 .. . . 254% Am Tob (Bt 25614 255 255 General Cigar . .. ... ... 44 Lig & Myers B 101*4 10014 Lorillard 231* 22** 23 Reynolds Tob . . . ... 52*4 5214 Std Com Tob.. 6% 6 61* Tob Pr A 12*4 12*4 12** 12*4 United Cig 71* 71s 7'* 714 Utilities— Adams Exp 27'4 2714 Am For Pwr... 74% 731* 74** 741* Am Pwr ft Li.... 84’* 84*4 84*4 84% A T & T 218*4 216' a 218*4 216=4 Col Gas & E 1... 62*a 61 *s 62’ 61** Com & Sou 14*4 H 14*4 14 El Pwr & Li.... 731* 7214 73', 72*5 Gen Gas A 9*4 9% Inti T & T 43’* 43*4 43’, 4314 Natl Pwr & Li.. 48's 47*4 48*4 47*4 No Amer C0...107% 108'* 107 106‘, Pac Gas sic El.. 60% 59’ t 60% 58 = 4 Pub Ser N J 90 95 06 9a So Cal Edison.. 59 58'4 59 58'* Std & El 107 106 107 106'4 United Corp 3814 37 38% 34** Ut, Pwr & L A .. ... ... 351a West Union 174** 17412 Shioping— . Am Inti Corp... 39 38>, 39 38'* United Fruit.... 88 88’* Foods— Am Sue 54*8 Beechnut Pkg ~ 9% ... Can Dry 64'* 64' a 64*4 ... Childs C 0..... 57’s 571s 571. 08 Coca Cola 181", 181 181 181*8 Cont Baking A.. 28% 28% 28% 28% Corn Prod 94'a 94% 94', 93*, Gen Foods 57*, 57 5 b 57*8 57% Grand Union 18%* Hershev ’. ~ 100 Kroger 26% 26_ 26' a 26 Nat Biscuit .... 86*8 85' 85’n 86 Std Brands .. 20'a 20', 20% 20% Ward Bkg 9% ... Drugs— ... Cotv Inc 17*a I"'a I,* 17 Lambert Cos ... . 96 95 96 95 s Industrials— Am Radiator ... 28*, 28'* 28% 28', Bush Term 35', . 351, ... Gen Asphalt .... 43'a 43 43 42% Otis Elcv 71' , 70 'a 711, ,01a Indus Chems— „ Allied Chem 284 283 283 282 Com Sslv 27'8 27', 27', 2,1, Union Carb .... 81 80 81 80 U S Ind A1c0... 78 74*, 78 <4 Retail Stores — Assoc Dry Gds • • *6 6 Glmbel Bros 12, 12 Kresge SS .. .. 30% 30', 30', 30=b May D Store 4414 Mont Ward . .. 37 36% 36’* 37 Penny J C 55% 55 55*8 55 Sears Roe 75 74*, i5 75 Woolworth . .65 64 s s 6a 64 5 a Amusements— Bruns Balke ... ... 135’s Col Graph 18' 171, 18 .1814 Eastman Kod ..221'/ 220 220 3191, Fox Film A .... 52'a 51', 52', 52 Grigsby Gru ... 14*. 14* 8 14'4 1414 Loews Inc 80*, 80 80% 80
Produce Markets
Eggs (Countrv Run)—Loss off delivered In Indianapolis. 20c: henerv oualltv No. 1. 24c: No. 2. 24c. Poultrv (Buvine Prtcsei— Hens, weighing 5 ibs. or over. 20c: under 5 lbs.. 18c: Leghorn hens. 14c: springers. 4 lbs. or over 21c or under 4 lbs.. 19c: Leghorn springers. 15c: old cocks 9ftloc: ducks, full feather, fat whites. 9c: geese. 6c. These prices are for No. 1 toe aualitT ouoted by Kingan Sc Cos Butter (wholesale'—No. 1. 43 H 44c: No 2. 41© 42c. Butterfat—42. Cheese (wholesale selling price per ooundi—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts 27c: Longhorns. S4c: New York Limberaer 36c. B United Press NEW YORK. Sent. 8 —Flour—Quiet and firm: soring patents. *5®5.25 per barrel. Pork—Steadv: mess. $31.50. Lard—Firm: middle west spot. *12.30© 12.40. TallowQuiet: special to extra. sft 514 c. Potatoes —Firm: demand good: Long Island. Sl.2sft) 3.50: Maine. $3 ft 3.25. Sweet potatoes— Steadv: Southern barrels. $1.75©3.50: Jersey. 75c©*2.75. Dressed poultry—Steadv to firm: turkevs. 22ft45c: chickens. 20© 40c: fowls. 14ft 31c: ducks. 12ft 15c: ducks. Long Island. 16© 19c. Live poultrv—Firm: geese. 11© 16c; ducks. 15ft 24c: fowls. ?.2m 28c. turkevs. 30ft40c: roosters. 15B16C: chickens. 22®32c. Cheese—Firmer' state whole milk, facnv to special. 24®26c: voune America. 20ft25c. Bn United Press CHICAGO. Sept. B.—Eggs—Market, unsettled: receipts 13.297 cases: extra firsts. 28'rc: firsts. 27'ic: current receipts. 25® 26c: ordinarise. 16 323 c: seconds. 12ft 18c. Butter—Steadv: receipts. 10.741 tubs: ex--ras. 38r: extra firsts. 37*4/ 37'ftc: firsts. s©36'jc seconds. 33©34c: standards. 38c. Poultry—Market, steedv: receipts. 7 cars--'owls, genera] run. 22'-c: springers. 24c: tghorns 15c: ducks. 15© 18c: geese. 15c: Lrkevs. 18c; roosters. 14c: broilers. 22c. x’kv'ese —Twins. 18'. © 18’ ac: voung Americv> 19c. Potatoes—On track. 269: arrivals. 16$: shipments. 906: market, stronger: Wiscgnsin sacked Irish Cobblers. *2.40® 2.56: Mtnesota Cobblers. $2.2532.35; Early Ohios. *2.20g 2.25. Bn United Press CLEVELAND. Sent. 8— Butter—Extras. 38c: firsts 421-aC. Eggs—Extras. 32c: firsts. 26c. Poultry—Fowls. 24c: medium. 22c: Leghorn. 14c: heavv broilers. 21©25c: Leghorn breliers. 20ft 22c: ducks. 10®70e: old cocks. 14®16c: geese. 20c. Potatoes— Ohio. Sl.2sft 1.25 ner 60-lb. sack: Idaho. $3.50 per 10-lb. sack. Bn United Press CINCINNATI. 0.. Sept. *.—Butter— Steadv: creamery in tub lots according to score. 36ft 39c: common score discounted 3©3c: packing stock No. 1. 30c: No. 2. 25c; No. 3.15 c: butterfat. 38© 40c E CS f — Steady: cases included: extra firsts. 30c; firsts ' 26c: seconds. 25c: nearby ungraded. 26c. Lire poultry—Thin and coarse stock sells only at heavv discount: fowls. 5 lbs. and over. 13c; 4 lbs. and over. 21c: 3 lbs. and over. 16c: Leghorns. 3 lbs. and oeer. He: rootters. 13c: colored fryers, over 3 lbs 78c: broilers colored, over 2 lbs. 33c: broiler; over i'. its. 23c l’> lbs. and over. 29c Le~horos and Oroington brolic's. over I'.. lbs. tic l*i ibs and over 19c Airoi'ers. partly leathered, 15& bu-r 1 .- i—inagra. Ua.
Param Fam .... 61 % 61% 61' 611* Radio Corp ... 42', 41% 42 41’* R-K-O 37’* 36'. 37 36*. Schubert 1914 •■ • Warner Bros ... 31'. 30% 30'. 307. Miscellaneous— Airway App .... 18* 18 18' 181a City Ice & ■ -40 Congoleum 12= 12' 12’* 121* Am Can 134*. 133'a 133', 132% Cont Can 59', 58 59'* s,** Curtiss Wr .... 7', 6’ 1 6 s * Oillette SR 63*4 62', 631* 64’. Real Silk 431a Ulen 24 23*4 24
In the Stock Market
ißv Thomson Sc McKinnon t NEW YORK, Sept. B.—Establishing itself in the highest ground since mid-June, the stock market has given recognition to the changing psychology. The market action wili further aid in dispelling the spirit of despondency which has hung over business so long. While precedent is by no me.ns an unfailing guide the present depression has apparently run a normal course. Based on experiences of business recession during the past thirty years, the time necessary for readjustment has been consumed. Nor are we without developments which are giving signs that recovery is in the making. Our basic industries, such as steel mills and railroads have become more active. Miscellaneous manufacture in many directions is gaining. Our commodity index is pointing favorably. Consumption, we are assured, is continuing at an encouraging rate. Nor is our country alone evidencing trade revival. Europe, particularly England, reports improvement. Despite political difficulties, British trade with India is said to be picking up. Chinese trade, too, is better. While it is too early to judge the economic results of the Argentine revolution, the thoroughness and dispatch of the change without destruction is comforting. Relations with United States stand to be strengthened In the change. Apparently world commerce is beginning to climb uphill. Progress necessarily will be slow and tedious but it is gratifying to think we are headed in the right direction. Seemingly that is the underlying feeling in the stock market.
Indianapolis Stocks
—Sept. 8— Bid. Ask. Amer Central Lite Ins 50..1,000 Belt R R & Yds Cos com 49 54 Belt R R & S Yds Cos pfd 54 Bobbbs-Merrill Cos 3914 33's Central Ind Power C of pfd. 90 93 Circle Theater Cos com 106 Citizens Gas .. 27 Citizens Gas pfd 97 102 Commonwealth L Cos pfd 71*.. 97 102 Commonwealth L Cos pf 81V.. 99 Hook Drug Cos com (new) 2214 2514 Ind Hotel Cos Clay pool com.. 125 Indiana Hotel Cos pref 100 Indiana Service Corp pref.. Indianapolis Gas Cos com 57 6014 Indpls North Western Indpls Power & Lt pfd 105*, 106% Indpls Pub Wcy Loan As com. 53 Indpls St Ry Cos pfd 10 11 Indpls Water Cos pfd 101 104 Northern Ind Pub 6% co pfd. 100 101',4 Northern Ind Pub 7 r V co pfd.lo7 104 Interstate Pub Serv 7% 102 104 Interstate Pub Serv 6% 8915 93 Metro Loan Cos 99 Northern Ind P 512% co pfd. 95 101 Progress laundry Cos com 44 47 E. Rauh & Sons Fer Cos pfd.. 47 Real Silk Hosiery M Inc pfd.. 90 Shareholders Investors C 0.... 23 Standard Oil of Ind T H I & E pfd 7 Tetre Haute Trac L Cos pfd.. 78 79 Union Title Cos common 40 45 Van Camp Prod Cos Ist pfd 9fi Van Camp Prod Cos 2nd pfd.. .. 98 BONDS Belt R R & Stock Cos 6s 91 Broad Ripple 41 Central Indiana Gas Cos 55... 9914 ... Central Ind Power Cos 6s 98'/a ... Citizens Gas Cos 5s 102 103'j Citizens Street Railroad 55.... 42 Home X & T of Ft. Wayne 6s. 102 Ind Rv & Light Cos 55........ 95 Indiana Service Corpn 55.... 89 Indpls Power & Light Cos 55.. 100% 101 Indpls Col & Trac Cos 6s 97 Indpls Gas Cos 5s 100 102 Indpls & Mart Rapid T Cos 5s 12 Indpls Northwestern Cos 9 Indpls Street Ry 4s 29 30 Indpls Trac Ter Cos 5s 79 Indpls Union Rv 6s 102 Indpls Water Cos 5( 2 s 103'i 103 Indpls Water Cos 5s 99% ... Indpls Water Cos lie & ref ... 99% ... Indpls Water 41U 95 96 Indpls Water W Sec Cos 55.... 87% ... Interstate Pub Serv Cos 414s .. 91Va ... Interstate Pub Ser Cos 5s 98 Interstate Pub Serv 6'4s 103 No Ind Pub Serv Cos 5s 103% ... No Ind Telephone Cos 6s 9814 100 T H Ind & East Trac Cos 55.. 70 T H Trac Light. Cos 5s 85 Births Girls Orville and Irene Atherton, 1325 Bradbury. Herman and Esther Dietz, 1019 South Holmes. Julius and Nannie Hobbins, 218 Anderson. Lemuel and Anna Lewis, 2518 South California. Oris and Loraine Coleman. 150 Villa. Elza and Louise McLearv. 914 Ashland. Kenneth and Jessie Kirkpatrick. 6831 East Washington. Otto and Keith Foxx, Methodist hospital. Andrew and Joyce Jacobs. Methodist hospital. Albert and Katie Black. 2822 Martindale. Bov# Herman and Lillian. 2360 Kenwood. Loren and Viola Binford, 1033 Chadwick. Alpha and Jewell Cox. 554 North Belmont. John and Veda Smith. 419 North Tacoma. Elmore and Trese Jenkins. Christian hosD Thomas and Marie Harrison. 1321 West Twenty-fifth.- . _ Walter and Helen Whitmore. 11/3 EuRe verner and Ada Sprouse. Methodist hosPi Leo \nd Bernice Talesnick, Methodist hospital. Deaths Ida Smith Martin. 75, 1209 North Arsenal. cerebral apoplexy. .. . ... Daniel J. Helm, 79. Christian hospital, arteriosclerosis. Evelvn Frances Moulton, 18, Long hospital. lobar pneumonia. _ . Ernest F. Kottlowski. 67. 203 West Maple road, coronary thrombosis. Emma Belcher, 33, Coleman hospital, peritonitis. Matilda McGrain Gresham. 91. 1727 North Pennsylvania, gastro enteritis. Cecil Hall. 37. Coleman hospital, pneumonia. , „ , Hubert Fortune. 24, city hospital, chronic entero carditis. Ellen Hudson Jarvis. 72. city hosaita.. chronic myocarditis. , _ 9 Frank Denzio. 46. 129 South Davidso.’. chronic myocarditis. ... Mollle Knoy. 75. Long hospital, chronic myocarditis. , Gertie Murrell. 22. 2113 Martindale, pulmonary tuberculosis. Lawrence Bruner. 35. Long hospital, apDe Katheri’ne Stockham Cook. 71. 418 No.th Drexel. cerebral hemorrhage Jessie Wade. 49. 536 Highland, chronic myocarditis. SPOONERS SAFE AGAIN Bandits Who Preyed on Love Makers Are Nabbed. Bu United Press . _ WAUKEGAN. 111.. Sept. B.—The peaceful countryside and moonlit Lake Michigan shove again are safe for spooners. Sheriff Doolittle announced arrest of a trio of youthful bandits, who admitted specializing all summer on terrorizing couples in parked automobiles. The bandits told Sheriff Doolittle that they had used fake police stars and guns all summer to rob lovemaking couples. LOSES $250 SHOPPING Tire Company Head Leaves Purse on Box in Store. Forgets It. Andrew Trieb. 3306 North Capitol avenue, president of the Andrew Trieb Tire Company, doesn’t expect to go shopping again with $250. He did Sunday, however. Entering a grocery store at Thirty-fourth street and Capitol avenue, he laid a purse containing the money on a crack’i box. When he returned it was gone, he told .police.
.THE INDIANAPOLIS TIMES
PORK MARKET MOVES HIGHER AT CITYYAROS Cattle Prices Lower; Veals Mostly Stationary at $11.50. Aug. Bulk. Top. Receipts. 30. *ll 20 *11.20 2.000 3cpt. 2. 11.35 11.35 7,500 3 11.25fi11.3S 11.40 4 500 4. 11.004*11.10 11.20 5.000 5. [email protected] 11.35 4.500 6. 11.004711.35 11.40 2.000 8. 11.15 ft 11.50 11.50 5.000 Poor market today at the city stockyards was largely 15 cents higher than Saturday’s best average. The bulk, 160 to 300 pounds, were selling at $11.15 to $11.50. Top price was $11.50. Receipts were estimated at 5,000. Holdovers 149. Cattle prices were ranging lower, with sentiment down and better grade steers scarce. Receipts were reported at 500. Vealers mostly stationary, selling at $11.50 down Receipt® were 400. Sheep and lambs little changed with a better grade of lambs selling at $8 to $9.25. Receipts, 600. Chicago hog receipts 35,000, including 12,000 directs- Holdovers 1,000. Practically no early sales, with few bids steady at Friday’s average. The general market asking was mostly 10 to 15 cents higher, with few early bids ranging on 190 to 220-pound weights at $11.15 to $11.25. Best 225-pound kind were selling at $11.40 or above. Cattle receipts 25,000. Calves, 3,000; market 25 cents lower. Sheep, 35,000; market, unchanged. HOGS Receipts, 5,000; market, higher. —Light Lights—-(l4o-160) Good and choice... .$10.20® 10.90 —Light Weights—-(l6o-180) Good and choice.... 11.15 (160-200) Good and choice.... 11.30 —Medium Weights—-(2oo-2201 Good and choice... 11.50 (220-500) Good and choice [email protected] —Heavy Weights—-(2so-350) Good and choice.... 11.15©11.30 (290-350) Good and choice.... 10.65®. 11.15 —Packing Sows — (275-500) Medium and good.. !8.00(f 9.25 (100-130) Good and choice... 8.50@ 9.65 CATTLE (Slaughter Class) Receipts, 500; market, steady. —Steerc— r (600-1,100) Good and choice 510.004i(12.25 Common and medium a.SO'slo.oo il.loo-1.500i Good and choice Medium 6.50 ft 9.50 —Heifers—-fsso-850) Good and choice Common and medium 5.50 ft 9.25 Good and choice 5.50 ft 7.00 Common and medium 4.00 ft 5.50 Low cutters and cutters 2.75# 4.50 —Bulls (yearlings excluded)— Good and choice beef 5.50® 7.00 Cutter, common and medium.. 3.75 ft 5.50 CALVES AND VEALERS Receipts, 405; market, steady. Good and choice Medium B.ooft 11.00 Cull and common 5.50@ 8.00 —Calves—-(2so-300) Good and choice Common and medium o.OO® 8.00 STOCKER AND FEEDER STEERS (500-600) Good and choice 5 22S 2'22 Common and medium 4.00 ft 6.00 * (800-1.050) Good and choice fi 0 2S I'ilS Common and medium 4.00® 6.00 SHEEP AND LAMBS Receipts, 600; market, steady. Good and choice ....* §-50© 9.50 Common and medium ... 5.00 ft 8.00 —Ewes — Medium and choice 2, 52^ Cull and common Other Livestock * Du United Press CHICAGO. Sept. B.—Hogs—Receipts. 35 - 000. including 13.000 direct; mostly steady to strong: spots 10ft 15c higher on heavies and underweights; bulk 190-270-lb. weights. *11.10fflll.25: top. S11.30; 160-180-lb. weights. $10.75ft11; packing sows. $8.85 @9.50; light lights, 140-160 lbs., good and choice. $9.75ft10.75: light weights. 160-200 lbs., good and choice. [email protected]; medium weights. 200-250 lbs., good and choice. $10.90® 11.30: heavy weights. 200350 lbs., good and choice. 510.35ft11.30: packing sows. 275-500 lbs., medium and good. $8.35ft9.50: slaughter pigs. 100-130 lbs., good and choice. [email protected]. Cattle— Receipts. 25.000; calvs. 3.000: yearlings fully steady; early top $12.50, but some held higher: strictly choice heavy steers sold early up to $12.60. but undertone 25c or more lower on liberal supply of weighty bullocks; Stocker and feeders and lowpriced killers along with she-stock about 25c lower: approximately 5,000 western grassers in run: slaughter cattle and vealers: steers. 600-900 lbs., good and choice. $10.50ft12.75: 900-1.100 lbs., good and choice $10.60® 12.73: 1.100-1.300 lbs., good and choice. $9.75(5)12.75; 1.300-1.500 lbs., good and choice. $9.75® 12.60: 600I. lbs., common and medium. s6.soft 10.25; heifers. 550-850 lbs., good and choice. [email protected]; common and medium. s6®lo: cows, good and choice, $5ft8.25: common and medium, s4®s: low cutter and cutter. S3®4: bulls, yearlings excluded, good and choice, beef. $6ft6.75: cutter to medium. $4.25ft6.25: vealers. mi’.k fed. good and choice. $10.50ft12.50: medium. $9 ft 10.50: cull and common. $7.50@9: stocker and feeder cattle, steers. 500-1.050 lbs., good and choice. 56.75ft8.50: common and medium. ss®7. Sheep—Receipts, 35,000: market mostly stead”, spots 25c lower: native ewe and wether lambs. $8.50ft9: top* $9.25; bucks. $7.50ft8; range lambs unsold: slaughter sheep and lambs. 90 lbs. down, good and choice, $8.50®9.35: medium. $7®3.50: all weights, common. $5 ft 7: ewes. 90-150 ibs.. meoium to choice, [email protected]: all weights, cull and common. $3: feeding Jambs. 59-75 lbs., good and choice. $6.75ft7.60. Bit United Press EAST BUFFALO. N. Y.. Sept. B. Hogs— Receipts. 7,000: holdovers. 500; dependable action to all interests: generally steady: bulk. 160-240 lbs.. $11.75: unfinished and mixed lots. $11.50® 11.65; 140-150 lbs.. $10.85®11.35; pigs, largely $10: few strong weights. *10.25. Cattle—Receipts. 1.750: all grades steers and heifers steady to 25c higher; mostly steady to strong; choice yearlings. $12.50; weighty steers, $11.50® 11. fleshv grassers and short feds. $8.25 ®9.50: common steers and heifers. s6© 7.75: fat cows. 55.75ft6.50; cutter grades. $3414.50. Cglves—Receipts. 1,000; vealers mostly 50c higher: *13.50 down. Sleel— Receipts. 4 800; lambs active, 504175 c higher: good to choice. 510®10.25: medium and mixed offerings. 58.25ft9.25: throyouts centering around $7.50 aged wethers. 35.25; fat ewes. $4.25 down. Bn United Press PITTSBURGH. Sept. B.—Hogs—Receipts. 300: market slow and steady to 20c high:r; 170-230 lbs.. $11,604/11.85; 240-300 jus.. 511.25®11.50: 100-130 lbs.. $94110: packing sows, $8.50®9. Cattle—Receipts. 1.400: beef steers mostly steady, others weak to 25c lower; medium to good beef steers. s7© 9: bulk beef cows. s4® 6; all cutlers. $2.50413.75: medium bulls, $5.25® 6: good heifers up to $7.75. Calves—Receipts. 6.000: market mostly 30c higher; choice vealers. *12.50® 13.50: medium and good. *7.soft 12. Sheep—Receipts. 3.750: market 25c higher; early top fat lambs. $9.75: better grades. $8.50®8.75; aged wethers up to $5. Bt/ United Press CINCINNATI. Sept. B.—Hogs—Receipts. 4,600. Including 1.300 direct. 190 holdovers; moderately active: jreneraily steady; sows 25c lower than Friday: better grade. 180250 lbs., $11,354) 11.50: 260-300 lbs., auotable. $10.75ft11.25: 130-150-lb. light lights, largely $10: some medium. 150-170 lbs.. $lO @10.75: sows mostly $8.50: few light weights. $8.75. Cattle—Receipts. 2.600: calves. 500; slow, generally 25® 50c lower; on all classes with some bids oil more on in-between grade steers and heifers: best light weights. $9 @11; about steady under scarce supply; some in-between grades. $6.50©7.50: common kinds 554i6: very few moving at the decline: most beef cows. *4.50ft5.50: low cutters. [email protected]: practically top bulls. $6; vealers 50c lower than Friday; good and choice. S10ftll.50: lower grades slow. s6ft'S.so. Sheep—Receipts. 700: lambs steady to strong; mostly $9.50: choice offerings. $10; medium grade and buck lambs. *7® 7.50: common throwouts, $5.50©6.50: sheep steady; fat ewes. $2.50 ft 4; culls downward to sl. Bn United Press FT. WAYNE. Ind.. Sept 8 Hogs— Market steady to 15c higher. 120 lbs. down. $8,504/8.75: 120-140 lbs.. 19.25 ft 9.50: 140160 lbs.. *lo© 10.50: 160-200 lbs.. *10.85® 11: 200-250 lbs.. sll® 11.15 : 250-300 lbs.. $10.75® 10.85: 300 lbs. up. $10.50: roughs, $8.25: stags. $6; calves. $11.50; lambs. SB. Rn United Press TOLEDO. Sept. B.—Hogs—Receipts. 450: market, steadv to 15c higher: heavies. slo.soft 11: mediums. $11,254/11.50: Yorkers. s9’" 10; pgis. $9 ft 9.50. Cattle—Receipts. 125: market, steadv. Calves—Receipts. light: market, strong. Sheep—Receipts. light: market, steady. Bn t n itrd Press CT.EVEI AND, Sept. B.—Hogs—Receipts. 3.600: holdover. 10: steadv with F-riaav. 160-250 !bs.. $11.35© 11.50; top fir 210-250-1b so-ts bulk lighter weights. $11.35: heavier butchers. sll© 11 25: light ltgh’s and Dir-. $9.50© 10: rough sows $8.25: ste-s. $6.25. Oat*l’'—Rsceip'z 1 050; ''.cert ‘ .ror- t-> 25c higher- bulk t- nmou m in - |iun. s7© 9: load choice. 1175 lbs . —Jl SJiiila, a'ax aa-ajiajl at.ja.4ai.
The City in Brief
Ideals and purposes of Rotary wIU be discussed by six members in five rrfinute talks at the luncheon Os the club Tuesday at the Claypool. The speakers are: Roy Sahm. James A. Ross, A. Dallas Hitz, Dean D. Francis, Howard S. Moore and Herbert P. Sheets. The Washington township membership drive for the Marion county Good Government Club, a Coffin organization, began today under the direction of Mrs. Henry Weicklc, 5128 Schofield avenue. Two alleged auto thieves were under arrest today after they are alleged to have stolen an auto of W. H. Hardy Jr., 156 North Illinois street Sunday and attempted to strip it. The men are Evans King, 22, of 2059 North Tacoma street, and Russell Schubnell, 23, of 2709 Bloyd avenue. David C. Southgate, 39, of 2210 North Gale street, was held by police today on a forgery charge and three other men are sought, after they are alleged to have stolen checks from the Marmon Motor Car Company. The checks, police said, were filled out by the men and the name of an employe of the company signed to them. COLUMBIA CLUB GULF CUP UP 50 Aspirants to Tee Off at Broadmoor Links. The field of aspirants for the 1930 Columbia Club golf championship, numbering some fifty mashie wielders, will play the Broadmoor Country Club course all day Wednesday in the fourth annual affair staged by the club. Among the fifty will be Jack Bixler of Lafayette and Bernie Lehman of Indianapolis, who last year tied for the low gross honors and the J. T. Moorman trophy, which goes to the champion. Each had a 78 and their names were engraved on the cup. It is expected Carroll K. Sheffield, who won the low net honors last year and whose name was engraved on the Columbia Club directors’ trophy again will seek the honor among the best handicap holders. Dr. Paul Hurt and Wallace O. Lee have collected an array of prizes. Harper J. Ransburg, chairman of the entertainment committee, has arranged for all contestants to lunch at Broadmoor and then partake of a steak dinner at the Columbia club in the evening, when prize awards will be made. Ransburg purchased two first prize steers from the 4-H club at the state fair for the feast Wednesday night. KIttINGPROBE AT STANDSTILL Former Roomers in Girl’s House Questioned. Bn 7 imes Socctal SOUTH BEND, Ind., Sept. B.—lnvestigation of the murder of 8-year-old Maverine Appel dragged today, with Coroner C. B. Crumpacker questioning two former roomers in the Appel home. Members of the little girl's family, two brothers and the mother, were grilled over the week-end as detectives sought to find some motive for the attack and murder Aug. 31. Coroner Crumpacker told newspaper men there would be no developments until late today, and probability of progress on the road to solution of the mystery was said to be small, even then.
Net Changes
Bn United Press NEW YORK, Sept. 6—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today follow: . UO. Off. American Can 132’* 2 Amer & Foreign Power.... 74% 1% ... Amer Telephone 216-)* l.* -■ . Atchison 221% 3*.Bethlehem 89 5 * 1% . • Consolidated Gas 110% 11,l 1 , ... Fox Film A 52 . General Electric /4- 8 2% ... General Motors 45-:8 % ... International Nickel 43 1 * ... Loew’s Inc 80 % ... Nnrth American 106% i% Packard %% % ••• Pennsylvania '4-* ... Public Service 95 2'* ... Radio 1 . •" Sinclair 21% •* ••• Standard Oil New Jersev.. 70% .. Union Carbide 80% , United Corporation 34% 1-* ... United States Steel 173 * 2% . Vanadium -87’* I s * ... Warner Brothers ,29 8 . • * Westinghouse Electric 15* 4 Other Livestock Bn United Press EAST ST. LOUIS. 111.. Sept. B.—Hos ReceiDts. 10.000: market, fairly active at 10® 15c advance over, last weeks close; most 180-240 lbs.. $11.25© 11.40: ton. $11.50; 250-2 SO lbs.. *10.90©11.20: 130-160 lbs.. s9.soft 11; packing sows. $8®9.10. CattleReceipts. 8.000. Calves—Receipts. 3,000: market, good to choice, eteers. steaov: several loads. *11©12.50: indications lower on other natives and western steers: cows, low cutters and sausage bulls, steadv: lower undertone on era#s heifers: vealers. 25c higher a *11.75. Sheep—Receipts. 1.200; market, lambs, slow: a few early sales to butchers steady at $9; sheep, unchanged. Bn Times Special LOUISVILLE. Sept. B.—Hogs—Receipts. 1.400: market, steady; 270 lbs. up, $10.60. 175-275 lbs.. $11.25: 130-175 lbs., $9.45; 130 lbs. down. $7.65: roughs. $7.15: stags. $6.55. Cattle—Receipts. 1.000: market, slowsteady; prime heavy steers. $8.50© 10: heavy shipping steers. $7©8.50: medium and ’ plain steers. $5.50® 7: fat heif- rs, $5.50® 10: good to choice cows. s4®6; medium to good cows. $3.50® 4: cutters. s3®. 3.50: canners. s2® 2.75: bulls. $3.50 ft 5: feeders. $5.50®7: Stockers. s4©6: calf re- i ceiots. 1,100: market, steadv: choice. 18® 9.50: medium to good. *6®.7.50; common to medium. *4© 5.50. Sheep—Receipts. 800; j market, steadv; ewe and wether lambs, *8: buck lambs. $7: seconds. *4©4.50: clipped sheep. *2.50© 3.50. Saturday and Sundav shipments—Cattle. 59; calves, 523; hogs, 117; sheep. 30. Dawes Returns to London Bn United Press LONDON, Sept. B.—United States Ambassador Charles G. Dawes returned Sunday night from his vacation in southern France and Spain, where he spent several weeks puisuing archeological studies. Hungarian Off'cial Dies Bu United Prts BUDAPEST, Hungary', Sept. B. Dr. Joseph Vass, 53, deputy premier | mi minister for social welfare and labor, died today of apoplexy.
GRAIN FUTURES SELL UNEVEN ON BULL NEWS Wheat Prices Hold Advance on Strong Foreign Cable Reports. Hu United Press CHICAGO, Sept. 8 —Wheat resumed its advance on the Board of Trade today with foreign cables strong and sentiment more bulish, Liverpool was firm on short covering due to the decreasing stocks and lack of pressing, ignoring the Argentine situation. There were a lot of buying orders unfilled on Saturday that were executed at the start. Com was weak, with September again unsettling the market. Oats was about steady, the actions of wheat and corn counteracting each other. Liverpool Strong At the opening wheat was H to, TbC higher, com was unchanged to ?sc lower and oats were unchanged to Tsc higher. Provisions were weak. Liverpool started slowly, but was fully as strong as expected at midafternoon, prices standing 1 to lTic higher. The sudden and unexpected upturn on Saturday as a result of the Argentine revolution and the acute shortage of coarse feed grains has materially altered the opinions of leading operators. Despite a slowness after Saturday’s action, the inclination is to buy on breaks, j Buenos Aires was closed again today, but the action is thought to be only temporary. Oats Are Firm The reinstating of corn lines on Saturday that had been sold out on Friday gave the mraket strength. The situation becomes more uncertain as the first delivery day approaches. Most of September is controlled by industries w’hich are expected to take the grain, but there are only small stocks on hand to fulfill these conditions. Parts of lowa, Nebraska and South Dakota had a storm over the week-end that did a small amount of damage to corn. The action of wheat remains the chief factor in the oats market and the undertone was firm. The northwest continues to hedge on all advaitees. Chicago Grain Table —Sept. 8— WHEAT— Prev. Hißb. Loir. 11:00 close. December ... .92% .91'* .92', .00 s March 96'2 .95*/* .961: May 981* .97’a .98’a .97/8 CORN— December ... .93*i .92Js .9314 .92Ji March -95 94 4 .95 .94 * May 97 .96U .96'4. .96,2 OATS— December ... .44 ’4?!* March 45 * .4o>* .45’a .45^ Mav 47'2 .47'* .47 2 .47. e RYE— December ... .64 .63’i 64 .63 %'Z :?ou :8 October* - ... 11.70 11.67 11 70 11.75 December — u -40 11.42 h CHICAGO.' r ‘ Sept. B.—Cariols: Wheat. 26: corn 182: oats. 71. In the Air Weather conditions in the air at 9 a. m.: East wind, 12 miles an hour; barometric pressure, 30.08 at sea level; temperature, 67; ceiling unlimited; visibility. 3 miles; field good. Motor Work to Start Mass production of Chevolair airplane motors will begin Oct. 1, it was announced today following a meeting of board of directors of the Chevolair Motors. Inc., at 410 West Tenth street. Addition of three executives to the personnel of the company is scheduled. according to Arthur Chevrolet, President. Ted N. Kincannon, formerly manager of Curtiss Wright of Kentucky. Louisville, has been made director of sales. Sets Soloing Reco r d Record time for soloing has been made by Mrs. F. W. Sanford, 27. of 554 Middle drive, Woodruff Place, who, t\vo weeks from the day she signed for her lessons at Hoosier airport, took the stick by herself, breaking the record for women fliers in this city. Mrs. Stanford plans to obtain both private and transport pilot licenses. Flying Order Revoked Representative Louis Ludlow, Seventh district, has received official confirmation from Washington that the order for the removal of Schoen flying field from Ft. Benjamin Harrison. has been revoked. COAL FUND REDUCED Leslie Cuts Aid Used for Boosting State Fuel. Governor Harry G. Leslie's emergency fund appropriation for the Indiana coal bureau has been cut from $4,000 to SI,BOO and the Indiana union miners are not contributing any money at all this year, it was announced for the first time today by Dr. John H. Hewitt. Terre Haute, state senator in charge of the bureau. The expense, since June, has been borne largely by the Indiana Coal Operators’ Association, Dr. Hewitt declared. Before that time the Governor had donatod $4,000 from his emer-* gency fund and the miners and operators $4,000 each. The bureau boosts the sale of Indiana mined coal, and, with the co-operation of the Governor, urges its use in all schools and governmental buildings i in the state. The bureau occupies the Lieutenant Governor’s office at the statehouse. Pilot, Passenger Die in Crash Bn United Press BAXTER SPRINGS, Kan., Sept. B.—Melvin Mishler, vice-president of the Baxter Springs _ Aviation Club, and Ray Phillips, his passenger. were killed Sunday when I their plane crashed from an altitude of 200 feet.
Dow-Jones Summary
LONDON—Stocks of crude rubber on Sept. 6. totaled 81,830 tons, an Increase of 1,219 tons over the preceding wook. LONDON —New York cables opened at 4.86'b. unchanged: Paris, checks. 193.79; Amsterdam, 12,075; Italy, 92.815; Berlin, 20.41. Indiana Refining Company and subsidiaries six months ended June 30, net profit. *205.016, after taxes, interest, depreciation. etc., against $319,442 in 1929 period. Quarter ended June 30, net profit, $313,420 against *191,501 in June quarter, 1929. California crude oil production averaged 603.700 barrels daily during first week in September, against 600.000 in preceding week, and 856.700 in like 1929 week. | according to California Oil World estimate. Cannon Mills Company declared regu- j lar quarterly dividend of 40 cents. Universal Leaf Tobacco Company year ended June 30. consolidated net profit. *964.466. after depreciation, federal taxes and other charges, against *1,311,6(7 in preceding year. Duke Power Company declared regular Quarterly dividends of *1.25 on common and $1.75 on preferred both payable Oct. 1; record Sept. 15. Stocks of crude rubber In London on i Scot. 6. totaled 81.831 tons Increase of ] 1,219 tons over preceding week. United States Treasury offering of *325.000.000 2*s per cent certificates to run for one year from Sept. 15. accounted by Secretary Mellon. Beatrice Creamery declared regular quarterly dividends of *1 on common and 51.75 on preferred, both parable Oct. 1; record Sept. 15. City Stores Company declared regular quarterly dividends of 13'/ cents on common payable Oct. 15: record Sept. 30. and 87 1 2 cents on class A payable Nov. l, rec ord Oct. 15. Melville Shoe Corporation August sales $2 113,958 against $2,126,357 in August. 1929. Youngstown District Steel plant operations this week advanced to 58 per cent, against 57 per cent last week the first improvement in several weeks. Oakland-Por.tlac dealers sold at retail in August, states vice-president Blees, again of 17 percent over July. August locomotive shipments 77. against 55 in July and 129 in August 1929. reports to commerce department show. Mead Johnson and Company declared extra dividend of 50 cents on common and regular quarterly dividend of (5 cents both payable Oct. 10. record „?• Three months ago an extra of 25 cents was paid on the common. Godchaux Sugar Inc., declared regular quarterly dividend of 50 cents on Class A shares and $1.75 on preferred payable Oct. 1, record Sept. 17. Survey of 11 centers by institute of Scrap Iron and Steel. Inc., indicates that scrap prices have touched bottom with indications markets are ready for a rise. Standard Oil group cash dividend disbursements in third quarter amounted to $68,859,106 agßinst $68,590,901 in second quarter and $65,425,981 in third quarter of 1929. Chrysler Corporation forms new division Amplex Manufacturing Company to handle saie of nonautomotlve products. Bank debits to individual accounts as reported by banks in 26G leading cities amounted to *9,777,147 for week ended Sept. 3, against $15,973,007,000 for like period of 1929; week ended Aug. 27, total was $9,788,634,000. Total loans and Investments of all member banks of federal reserve system at $35,655,659,000 on June 30, an Increase of $599,962,000 since March 27. last, but decrease of $55,302,000 since June 29, 1929. Total deposits at $38,139,178,000 show an increase of $2,303,022,000 in quarter, and $2,246,347,000 in year. NEWTEACHERS SESSION CALLED Meet Wednesday to Learn Schools Routine. * A meeting of all new teachers in the city schools has been called for 2 Wednesday at School 2 by Paul C. Stetson, school superintendent, to acquaint new teachers with the school routine. Stetson asked parents of children entering school for the first time to take them to the nearest school instead of to his office downtown. He also announced no transfers would be issued until after the first two weeks of school to permit a study of distribution of buildings. Pupils of School 86, Forty-ninth street and boulevard place, which will not be ready for use for cwo weeks, met at the building this morning. They will meet at the school again Tuesday morning and at that time will be notified of the location of temporary quarters. The school, composed of two portable buE dings, is moved across the street from its old location. NET INCOME GAINS Increase Shown in Street Car Company Report. Although a decrease of $57,129.40 in gross revenue on transportation is shown for July, 1930, from the same month in 1929, the Indianapolis Street-Railway Company, in a statement filed today before the Indiana public service commission shows, a $20,259.81 increase in net income of July, 1930. The report states the gross revenue from transportation in July, 1930, was $298,019.87 with the total gross revenue from transportation, terminal station, and miscellaneous, as $325,056.60. Reduction in operating expenses for July, 1930, brought the net income to a higher figure than in 1929. The report was filed by George C. Forrey Jr., receiver of the street railway company. AMERICAN COMPOSER’S SONG SHOCKS PARIS “That Girl With Paris Ways’’ Is Barred From French Cabarets. Bn I nited Press PARIS, Sept. B.—Paris may shock Americans sometimes, but an American composer now finds himself accused of shocking Parisians with his latest popular song. The song is ‘That Girl With Paris Ways.” The composer is Roy Baron, Chicago. Authorities here requested Barton to withdraw the song from theaters and cabarets, where it has been making a tremenddus hit. It was said some of the verses were improper. The song deals with the vacation of an American girl tourist in Paris. American Telephone and Telegraph Company 164th Dividend The regular quarterly dividend of Two Dollar* and Twenty-Five Cent* ( $2.25) per share will be paid on October 15, 1930, to stockholders of record at the close of business on September 20,1930. H. BLAIR- SMITH. Tie ttuxtf*
JSEPT. 8,193 CM
STOCK PRICES ! SHOW GAIN IN WEEOTRADE Issues Forced to Record High Since Middle of June. Bv United Press .NEW YORK, Sept. B.—Accompanied by reports of increases in many lines of business, the stock market last week swept ahead to new highs since the middle of June. Early in the week after the Labor day holiday, the list moved lower on a technical reaction. Friday the turn upward came and on Saturday, the Dow, Jones industrial average was carried to 243.64. up 3 27 for the day and about the same for the week. Traders Expect Rise Three times since June the industrial average has risen to within a fraction of 241. Each of the,*® advances was followed by a reaction, one of which brought the average to anew low for the year. Traders now expect a continuation of the rise inasmuch as the resistance level on the upside has been penetrated. This, is is ex<* pected, will provide enough psychological sentiment to bring in the small traders and force prices higher. United States Steel led the ris late in the week just as it was tha object of attack earlier. On Tuesday there was no progress mad® either way in the list. On Wednes-s day and Thursday moderate declines occurred. Friday the market? turned upward and on Saturday tha rise was carried further, most! stocks closing on their highs foil the week. All groups joined the movement. Amusements met soma selling, but they held steady. Oils half-heartedly responded to thaT general rise. The best gains, however, were made in the highest* grade issues such as Steel, Westinghouse Electric, General Electric! and American Can. Steel Production Up Weekly business reviews were decidedly more optimistic. Earlier in the week steel reviews told of an increase of 1 per cent in production. The automobile business was reported as looking up and indications were that the oil company were to make further advances in gasoline following advances in several quar-: ters this week. Call money rose to 2’4 per cent, where it closed the week. Bonds were firm and active. Wheat rallied after early losses. WAR SECRETARY WILL RESUME RIVER TOUR Hurley and Party to Continue Trip Down Mississippi Tonight. Bu United Press ST. LOUIS, Sept. B.—After a twoday interruption of its Missisippi river inspection tour, Secretry of War Hurry’s official party will reassemble here tonight and begin a journey to New Orleans aboard the steamboat Mississippi early Tuesday. The secretry of war is expected to arrive by plane late today from Tulsa, Okla.. where he flew Saturday to spend the week-end. Another member of the party. Major General Lytle Brown, chief of army engineers, who left early Sunday to inspect the Missouri river between here and Kansas City, planned to rejoin Hurley tonight. BRITISH WILL ACCEPT ADVICE ON PALESTINE Agree to Adopt Suggestions Made by Mandates Commisssion. Bit United Press GENEVA. Sept. B.—Tlie British government, through Foreign Secretary Arthur Henderson, agreed today to adopt such measures a* recommended by the permanent; mandates commission, for the propen administration of Palestine. The commission recently severely crticised the British government in a report on the rioting last August between Jews and Arabs. Ats the same time the British government issued a statement defending its action. ARREST THEFT VICTIM Police Hold Man, Robbed of S4OO in Party, for Intoxication. Joseph Deices, 608 North Delaware street, faced charges of intoxication today. He told police Sunday that he had been on a party with several men who robbed him ot S4OO. He was found lying at the side of the road at Fifty-fourth street and White river. FIRST AIR RIDE AT 104 Centenarians Like It; Talk of Taking Up Flying as Hobby. Bu I nitfJ Pre** LOS ANGLES. Sept. B.—Galusha M. Cole and Dr. Mirza Assad U. Fareed, both 104, liked their first airplane ride, a comparatively short hop over Los Angeles, so well they are considering taking up crosscountry flying. EXCURSION CINCINNATI Round VM* I D Trip To Shelby ville $ .75 To Greensburg 1.25 Sunday, Sept. 14 Leave Indianapolis 7:150 a. m.; return, ing leave Cincinnati 0:30 or 10:15 p. m. (Eastern Time) same date. Tickets good Jo coacbets only. Children fare. VISIT THE CINCINNATI ZOO FALL FESTIVAL. MANY INTERESTING AMUSEMENT FEATURES. Tickets at City Ticket Office. 112 Mono, inent Circle and Union Station. BIG FOUR ROUTE
