Indianapolis Times, Volume 42, Number 104, Indianapolis, Marion County, 9 September 1930 — Page 10
PAGE 10
STOCK SHARES MOVE UPWARD ON BEAR DRIVE General Motors Is Leader in Early Advances: Oils Uneven. Average Stock Prices Average of thirty industrials for Monday was 242.84 off .80 Average Os twenty rails was 132.03. off 13. Average of twenty utilities was 87 07. off 12. Average of fortv bonds was 97.31. unchanged. Bv United press NEW YORK. Sept. 9.—The stock market resisted further attempts of bears to start a reaction and the majority of issues were fractions to more than a point higher at noon today. United States Steel which opened at 172 and rose to 172%, was depressed a point, but it rallied to around the opening near noon. Leading industrial shares were firm. Utilities Firm For a time, motor shares gave a demonstration centering around General Motors and Packard. This died out late in the morning, however, and prices sagged slightly. Mercantile issues and tobaccos moved ah- j as groups. Oils were irregular: rails about steady, and utilitier 'Ti. Gillette Safety Razor was depressed to anew low on the movement at 60 •’*, where it met such staunch support that bears were driven to cover and the stock rose to 63 a, where it was up 1% net. United Aircraft was a ieature in its group, rising l l * to 62%; Air Reduction rose 2% to 126% in the chemical group; American Tobacco issues. Liggett & Myers B and Phillip Morris were strong spots in the tobaccos; Woolworth, Best, Associated Dry Goods and Hahn met good buying in the mercantile group; Columbia Gas, Public Service, National Power and Light and North American featured utilities. Dupont Makes Gain Dupont rose 2 points to 123%, following the advance in General Motors, of which it is the largest holder. Diamond Match held a fractional gain, while J. I- Case rallied after an early decline. Call money renewed at 2% percent and held at t,hat level in the first half of the session.
Bank Clearings
INDIANAPOLIS' STATEMENT flrarinc'. * 3.284,000.00 Debits . 6,224.000.00 CHICAGO STATEMENT Clearings * 9 4'innnnooo Balances 4.100.000.00 NEW YORK STATEMENT Fed. Res. Bnk. Cr. 8a1..... 140.000,000.00 TREASURY STATEMENT Net balance for Sept. 6....$ 70.292,926.79 FxncndiUires 8,171,700.ij Customs rects. mo. to date 6,839,435.47
New York Bank Stocks
—Sept. 8— . , Bid. Ask. America 98'. - Bank of United States 41 a 42 „ Bankers 142'* 100 Brooklyn Trust >3O 7jG Central Hanover 345 348 Chase National 147‘. 143 j Chatham rhoenix Natl 106 j 108 Chemical ,£B'* 69 City National Com Exchange 164 16b Commercial 430 435 Continental 28 2 29' 2 Empire 80 ?“ First National 5.000 5.000 Guaranty _£43 6 1‘ Irvine o* V 2 Manhattan & Company... 119 120 Manufacturers ?o' 2 91'.a New York Trust 2„3 255 Public 1"8 Chelsea 33 3b New York Curb Market (Bv Thomson fc McKinnon i —Sept. 9 Open. Open, Am Com Par.. 20’; Midwest Ot 29 *rk Cias . . 9’i Ho Ke.n Pipe . 19 3 i Brazil Pfc L 35', Nat /.v 9',. Can Merc . 4’* Nat Inv 15 Cities Serv .. 29’lNewmont Min.. 87'a Cord ... . B'n Nta Hud Pwr. . 16'. Durant Mot .. 4 iNoranda 24 Elec Bond Sh . 43 s Penroad .. . 10 J 4 Ford of Can .. 30 .Pr.nce * Whtlv. 10, Ford of Ene 22'/.'Salt Creek 10'. Ooldman Sachs 20 Shenandoah ... 10 Hudson Bav... 8 iStd of Ind. .. 49 4 Humble OH 91‘jUn Gas tnewl.. lfP, Ind Terr B*. 29 Un Lt & Pwr.. 41’, gi S rsr.. - . il'..Vcm!m Oil.: '. 711* Chicago Stocks Opening tßy James T. Hamill & Cos.) - —Sept. 9 Auburn Motors. 134 Houdi B B’, Bendix Avia ... 33'.iElec Household. 47'. Borg Warner .. 30 Instill Com .... 57'. Cord Corpn ... 8 7 Ma.iestlo Hshold 52 Conti Chi Cos pf 43 s , Marsh Fields .. 41'< Chi Corp com. IP, Midland Un Cos 25 Chi Corp pfd. .4! Mlddlewest Com 29?* Chi Securities.. 23 iSwift <fc Cos 31 Gen Thea Equi33 7 Swift Inter . ... 34'. Grigsby Grunow 13T'U S Radio & Tel 26
Local Wagon Wheat
Cltv cram elevators arc a vine 78c for No. 1 red wheat nad 76c for No. 1 hard wheat. Births Bov* Henry And Inez Neidlinger. <5 North Bf w\lham and Man' Lukins, 3340 West Pr janies and Nelle Quackenbush. 3232 < Frank and Sarah Farah, 626 South Alabama. , _ _ Lowell and Cecelia Anderson. 2017 Dc Henry and Julia Heuter. 2170 South MejOhver and Mildred Messu. 403 West Merrill. „ _. ~ Robert and Virginia McClellcn. 1410 Finley. . Girls Richard and Violet Watson. Methodist ' and Gertrude StefTen, Methodist and Mildred Kohlstaedt. MethCd patrick P and Delia Gaughan. 1421 Tabor. Elmer and Helen Brown. 1826 Jones. Russell and Hazel West. 14.2 South Richland. Deaths Lewis L. Chapman. 67, 4716 Carvel, * r Sa r mue! e Mi S Uer. 87, 946 Edgemont. mitral ln Hrnrv Cl A.'Miller. 70, 236 Bicking. acute dilatation of heart. Leslie La Rue. 80. city hospital, acC 'Richard Hession. 16. Methodist hospital, general peritonitis. _ _ . _ John Sealmiller. 71. 440 East Terrace, acute myocarditis. , . Emma L. Taylor. 64, Central Indiana hospital, chronic myocarditis. Josie Jackson. 55 Church and McCarty, accidental. Charlie E. Nicelv. 33. St. Vincent hospital. chronic nephritis. Amanda Llnson. 58. 2709 East Michigan carcinoma. _.. .. Robert Lee Griffin, S months. 2346 North Arsenal, broncho pneumonia. Edward A lambeth. 74. 3249 College, coronarv thrombosis. _ Elizabeth E Lyons. 63. 3501 West Michigan, carcinoma. David M Smock. 88. 5155 North Guilford, chronic mvocarditis. Viola Lee Collins. 8. 422 North Bradlev. tcute mvocarditis. Louisa Ycazell 77. Long hospital, acc.dental Railway Watchman Held Up A Negfo gunman, accompanied by two Negro women, held up Daniel Haley, 313 North West street, railway watchman, in his shanty at New York street and the canal Monday night, robbing him of $1.60 watch, he complained to po-
New York Stocks (Bv Thomson Ac McKinnon)
—Sept. 9 _ Prev. Railroad*— High. Low. 11.30 close. Atchison 222% 222 222 222 Balt & Ohio . 100*. 100% 100 2 100-* Chesa ti Ohio .. 50% 50% 50% 50% Chesa Corp t 6®, Chi Grt West... I®% Chi NWe 70% 70 <0 iO% CRI&P , ?®, Illinois Central 115 115 Lou ti Nash 120 ... MK & T 42% 43% Mo Pacific pfd 123,% 124 N Y Central 185’ -• 165% NY NH ti H 108 Norfolk & West 225 Pennsylvania .. 74% 74% 74% 14% So Pacific 11? Southern Rv 81 81 St Paul • 15% St Paul pfd 23 23- a St L & S F 91 Union Pacific •• 21? W Maryland 24 - 4 Equipment*— Am Car & Fdv 52 Am Steel Fd 40 Am Air Brake S .. ... ■■ 43 Gen Am Tank... ?0' 89_ 90 89 j General Elec . 74% 73% <3‘ ti t Gen Rv Signal.. 81 80% 80% 82 Lima Loco 2i 28 a• N Y Air Brake 3 ‘ Press Stl Car 8% ♦ Westlngh Ar B . ... 40% 40 a Westlneh Elec . .1d5% 154% 1a4% I°4 * Goodrich .. 23 ? Goodyear a2% 52-* a2 3 52 Kcllv Sorgfid. ... 3% 3% 3% 4% Lee Rubber ,2., Auburn 134% 132 132 135 Chrvslcr 29% 28% 28 < *? Graham Paige ... ■ Oeneral Motors. 47 46% 46 a 4t>'a Hudson 31% 31 31 31 Hupp 14 14 14 Mack 61% 80 61% 60 4 Nash 35% 35 * Packard 14% 13 s * 14 13 J * Reo 12% 11% 12% 12% Studebaker .... 31% 31% 31% 31 Yellow Truck . 23% .23% 23% 23% Motor Access— Bendlx Aviation 33% 33% 33 2 33 Borg Warner ... 30% 30% 30% 30* Briggs 21’ 20 s * 20% 20% Eaton 21% Haves Body • • • 7 Honda 8% 8% 8-4 9 Sparks W . 21 7 * 21% Stewart Warner. 37% 2i 27 27 (a Tlmkin Roll 63 69% Mining— Am Metafs 30 Am Smelt 70% 70 70 70-a Am Elnc • ■ • 1? Anaconda Cop.. 48 47% 47% 47% Cal & Heela 14% Cal & Ariz ~ 51% Cerro de Pasco 42% 42 42% 42 Dome Mines... 8 7 * 8% 8% 8% Freeport Texas 47% 46% 47 46% Granby Corn ... ... 23% Great Nor Ore 21 Howe Sound 30% 40% Int Nickel 25 s * 23% 25% 25% Inspiration 14% 14% Kennecott Cop 36% 18% 36% 36% Mamga Cop . . 31% 30% Miami Copper.. 15 14% 15 14% Nev Cons 15 Texas Gul Sul.. 60% 60% 60% 60 U S Smelt 21% Oils— Amerada 23 Atl Refilling 34 34% Barnsdall . 22 7 * 2%. 22% 23% Houston 78 76% 77 11 lnd Oil 24% 24 s * 21% 24% Indian Refining .11 10 7 * 10% 10% Mex Seaboard.. 22% 22% 22% 22% Mid Conti 23% Pan-Amer IB) .. 56 55-* 55% 56 Phillips 33% 32% 32% 33% Pr Oil & Gas . 35 Pure OH 1?% }?:4 Richfield 16% 16% 16% 17 Royal Dutch 48 '48% Shell Un 14% 14% 14% 15 Simms Pt 21% 20% 21 Vs 20% Sinclair ■ 21% Skelly 21% 27% Standard of Cal 61% 61 61 61 Standard of N J 69% 68% 69 69% Standard of NY 31 30% 31 31 Texas Cos 57% 51 51 51 Union Oil 40% Am RoSTmUIs... 53% 52% 53% 52% Bethlehem 88% 88% 88-4 89 Bvers AM 77% 77% 77% 16 2 Colo Fuel 50% . 50% Ludlum .. 21 20% 21 21% Midland 31% 31% 31% 31% Repub Ifi S 36% 36% 36% 36% U S Steel 172% 171% 171% 171% Vanadium 85 84% 84% 84',* Youngst S & W. .. ... ... 40% Tobaccos — Am Sumatra 12 Am Toh l Ai new. 126% 125 126% ... Am Tob (B) 01d.130% 128% 130% ... Con Cigars 36% General Cigar 44% 44'/* Lig & Myers B .102% 101 102% 101 % Lorillard 23% 23% 23% 23% Phil Morris ... 11% Reynolds Tob .. 53 52% 52% 52% Std Com Tob 6% Tob Pr A 12% Tob Pr B 3% 3% 3% ... United Cig 7% ... 7'*.. 7'/ Utilities^ Adams Exp 27% 27% 27% 27% Am For Pwr 73% 72 s * 72 s * 72% Am Pwr & Li.. 83% 83% 83% 83% AT&T 217% 216 217%. 216% Col Gas & E 1... 63% 62% 62% 61% Com & Sou. ...... ... 14% 14% El Pwr &ti 72% 71% 72’ 72% Cien Gas A 19% 10 19% 10 Inti T & T . . 42% 42% 42% 42% Natl Pwr & Li.. 42% 47% 47% 47% N Amer Cos 107% 106% 106% 108% Pac Gas & E 1... 59 58% 59 60'i Pub Ser N J ... 96% 95 96 95% So Cal Edison 58% 84% Std G & El 106% 105 106% 106 United Corp ... 35% 34% 35 35% Ut Pwr & L A.. 35% 35% 35% 35% West Union ....172% 172 172% 171 Shipping— Am Inti Corp... 38% 38% 38% 38% United Fruit 87 Foods— Armour A 5% 5% 5% 5% Beechnut Pkg ... ... 59% Can Dry 65’ 2 65 65 64% Childs Cos 56% 56 56 57 Coco Cola ... ... 181 Cont Baking A.. .. .. 28% 28% Corn Prod 94% 93% 93% 94% Cudahv Pkg 42 42 Gen Foods 57 s * 57% 57% 57*4 Grand Union 16% 16% Hershev 99 % 99 99 Kroger 25% 25% 25% 25% Nat Biscuit 85% 85% 85% 85'* Pillsbury ... ... 32% Safewav St . ... 69% Std Brands 20% 20 20% 20% Ward Bkg ... 9% Brugs— Cotv Inc 18V* 17% 17% 17% Lambert Cos .... 95% 95 95 95 Lehn & Fink 28. Industrials— Am Radiator 28% 28 Bush Term 35% Gen Asphalt ... 43% 43 Otis Elev 72'S 71% 72% 71% Indus Chems— Allied Chern . . .282% 281 282% 280, Com Solv 27% 27% 27% 27% Union Carb 80% 80 80 80 U S lnd Alco 76% 75% Retail Stores — * Assoc Dry Gds 36% Gimbel Bros 11% 117* Kresge S S 30% 30 30% 30% Mav D Store ... . . ■ . 45% Mont Ward 36% 36 36% 36% Penny J C 55 SchultP Ret St.. 7% 7% 7% 7% Scars Roc ... ... 73
Produce Markets i
Errs (Country Runi—Loss off oellyered In IndlanaDolls. 20c: henerv oualltv No. 1. 24c: No. 2. 24c. Poultiv (Buvlnß Prlcse)—Hens, welahtns 5 -lbs. or over. 20c: under 5 lbs.. 18c: Leßhorn hens. 14c; snrinßers. 4 lbs. cr over. 21e or under 4 lbs.. 19c: Leghorn sprlnßers. 15c; old cocks. 9@loc: ducks, full feather, fat whites. 9c: Reese. 6e. These prices are for No. 1 top Duality, quoted by Kinaan & Cos. Butter (wholesale)—No. 1. 43@44c: No. 2. 41® 42c. Butterfat—42. Cheese (wholesale selllnß orlce per pound)—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts 37c: Lonahorns. S4c: New York Limberaer S6c. Bv United Press NEW YORK. Sent. 9 —Flour—Dull and unchanaed: sprina patents. *5*5.30 per barrel. Pork—Firmer: mess $32.50 per barrel: lard, easv: middle west spot. $12.05*12.15. Tallow—Quiet; special to extra. 5*5%c per pound. Potatoes— Firm and hiaher: Lona Island. $1.25*3.65 per barrel' Jersev. $1.25*3.25. Sweet potatoes—Firmer: Southern, baskets. $1: Southern barrels. $317 3.50: Jersev basket. Si.7s* 2.50. Dressed poultry—Demand cood; turkevs. 22*45c: chickens. 2('@4oc; fowls. 14* 30c: ducks. 12* 15c: duetts. Lona Island. 16* 19c. Live poultry—Quiet: Reese. ll@T6c: ducks. 15524 c: fowls. 22*28c; turkevs. 30@40c: roosters. 15® 16c: broilers. 22* 32c. Cheese —Firm: state whole milk, fanev to specials. 24@26c; youna America. 20 S 25c. Bn J'nited Press CHICAGO. Sept. 9.—Errs— Market, easv: receipts. 7.619 cases: extra firsts 28® 28%c: firsts. 27c: current receipts. 25@ 26c. ordinaries, 16® 23c: seconds. 12@18c. Butter—Market, easv: receipts. 11.036 tubs; extras. 38c: extra firsts. 3737%c: firsts. 35 <i 36%c: seconds. 33534 c: standards. 37%c. Poultry—Market, about steady: receipts. 2 cars: fowls, aeneral run. 22.-: snrlnaers. 24c: 18c- ceese. 15c: turkevs. 18c: roosters. 14e: broilers. 22c. Cheese—Twins. 18%@18%c: voune Americas. 19c. Potatoes —On track. 217: arrivals. 56: shipments. 641: market around steady; Wisconsin sacked Irish Cobblers $2 50*2 60: Minnesota Cobblers. $2.25*2 35: Earlv Ohios. mostly *2 25: Idaho sacked Russets. $3.25 best: Nebraska sacked Bliss Triumphs. *2.25. Bn United Press CINCINNATI. Sepl. 9.—Butter—Steady: creamery in tub lots, according to score. 36* 39c: common score discounted 2@3c; packing stock. No. 1 30c: No. 2. 25c: No. 3. 15c: butter fat. 38 340 c. Errs —Lower: cases included: Extra firsts. 29%c: firsts. 26c: seconds. 25c: nearby ungraded. 26c. Live poultry—Thin and coarse stock sells onlv at heavy discount: fowls. 5 lbs and over. 24c: 4 lbs. and over. 22c: 3 lbs. and , over. 17c: Leghorns. 3 lbs. and over. 14c: ( roosters. 13c: colored frvers over 3 lbs.. ! 23c broilers, colored over 2 lbs. 23c: broilers over 1%. lbs 22c; 1% lbs and : over. 20c: Leghorns and Orpington broilers over 1% lbs.. 22c: 1% lbs and over 19c: broilers, partly feathered. 15® 18c. black springers. 16c. Bn United Press CLEVELAND. Sept. 9.—Butter—Extras. 37%c: standards. 37%c. Eggs—Extras, 33c: firsts. 26c. Poultry—Fowls. 24e; medium 22c: Leghorn i smalls i. 14$ 17c: heavy broilers. 21$ 25c: Leahorn broilers. 20* 22c: ducks. %OS2Oc: old cocks. I4@l*c: Reese, 20c. potatoes—Ohio. $1.16® 1.25 per 60-lb. sack. ’
Woolworth 64 s . 64% 64 s * 64 s * Amusements— Bruns Balke ... 19 Col Graph 17% 17% 17% 17% Eastman Kod . 219 218 219 217% Fox Film A ... 52% 51% 51% 52% Grlgsbv Gru ... 14% 13% 14 14% Loews Inc 81 79% 80 79% Param Fam 60 s * 60% 60% 60% Radio Corp 41 s , 41% 41 s * 41% R-K-O 37 36%. 36% 36% Schubert 18% 18% 18% 18% Warner Bros .. 30% 29% 29% 29% Miscellaneous— Airwav App .. 18 s * 18 13% 18% City Ice & Fu 40 Cos ngoleum ... 12% 12% 12-* 12% Am Can 133% 133 133% 132% Cont Can 59 s . 59 59%. 59% Curtiss Wr 6% 6% S% 6% Gillette S R 64% 60 s . 64% 62 Real Silk 45% 44 45 44% Ulen 2% ... 23% 24
RADIO STATION PROPOSED FOR CITY IS FOUGHT WFBM and WKBF Oppose Application of New Indianapolis Firm. Attorneys for stations WFBM and WKBF in Indianapolis appeared today before the radio commission in Washington to oppose the application of the Hoosier Broadcasting Company for a construction permit to build a station which would operate without limit on a 930-kilo-cycle wave length, a United Press dispatch related. Arthur Cook repiesented the Hoosier Broadcasting Company and his witness was A. R. Hylton of Indianapolis. who testified the proposed station wculd not interfere seriously with other statiorts and that there was need for another local station here. Thomas Littlepage, representing WFBM, and Everett Walker of Evansville, lnd., representing WKBF, appeared at the hearing without invitation from the commission, but argued the new policy of the commissioners permitted any persons affected by a hearing td appear regardless of invitation, the dispatch said. Walker and Littlepage said that granting the application would adversely affect the two stations they represent. Littlepage said Indiana now is 3.46 units under the radio quota fixed by the commission, but if WFBM’s pending application for a clear channel were granted the Indiana quota would be absorbed. Elmer W. Pratt, radio commission examiner, ruled against Walker and Littlepage, but permitted them to cross-examine witnesses and to state their case on the understanding that no facts developed would be included in His report to the commission.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, Sept. 9.—A straw which indicates that the trade winds are actually blowing favorably is seen in the August upturn in steel ingot production, the first increase since March. A decrease which some expect in the steel corporations unfilled tonnage, should matter little. Os the hand to mouth character of buying recently, we are fully aware. With the large orders now in hand, better mill operations and consumption are more important. It is interesting to note Lord Melchett's warning of an English tariff. If that would remedy Englands trouble, well and good. Prosperous British industry and employed labor would make that country a better customer for us than she is today. It would mean greater demand for our wheat, copper, cotton and other products. We need not fear particularly competition with British industry. The possibilities of world commerce are limitless. The worldwide economic unsettlement has led to political unrest and further curtailed consumption of world goods. Countries so disturbed will soon realize the futility of revolution and rebellion. The yearning for peace and comfort will displace that for violence and destruction. The new Argentine regime appears to be encountering some armed opposition. Now that our psychology is improving, it may influence that of the world. It may bring the world investor back into our stock market to-share in our prospective business recovery.
Net Changes
Bv United Press NEW YORK. Sept. B.—Closing prices and net changes in stocks traded on the New York Stock Exchange today: Uo. Off. Amer Can (unchanged) 132% Amer and Foreign Pwr 72% ... 1% American Smelting 70% % ... American Telephone 216% % ... Auburn Auto 134% 9% ... Bethlehem 89 ... % Consolidated Gas 109% .. % Elec Pw and L (unchanged! 72% ... ... Fox Film (A) 51% ... % General Electric 74% ... % General Motors 46% 1% ... International Nickel 25% ... „ % M rtgomerv Ward 36% . % Packard 13% % ... Radio 41% ■ ■ “* Radio Keith 36% % ... Sinclair .. 21 ... -a Standard OH. N J 69% ... % United Corporation 35% % ... U S Steet 171% ... 1% Vanadium 81% ... 1% Warner Bros Pictures 29 % ... 2% Westinghouse Electric 154% ... % NEW YORK COFFEE RANGE —Sept. 8— High. Low. Close. March 6.00 5.93 6.00 Mav 5.92 5.85 5.92 July 5.89 .580 5.89 September 5.64 5.64 5.64 December 6.15 6.00 6.15 SSOO"OFGAS TAXES* DUE STATE IS PAID Officials Checking Bus Line Books to Determine Amount Owed. State Auditor Archie Bobbitt announced today that SSOO of the $10,760 due the state on alleged bootleg gasoline, used here by the Greyhound buses, has been paid by the North American Oil Company, Chiacgo, which sold the gasoline and should have paid the tax. Leland K. Fishback. state gasoline tax collector in Bobbitt’s office, and Edward Funk, deputy attorney-gen-eral. are rechecking at the Greyhound Lines. Inc., garage, 915 Daly street, on gallonage today, Bobbitt declared. When the oil company and garage books are checked, additional payments will be made, according to the state auditor. The law provides for criminal action against persons engaged in the bootleg gasoline traffic, but in the thousands of gallons involved in exposures no such action ever has been pressed by the
THE INDIANAPOLIS TIMES
PORKER PRICES OFF 25 CENTS AT STOCKYARDS Cattle Market Strong and Steady: Sheep Are Stationary. Sent. 2. 11.35 11.35 7.500 3. 11.25fz11.35 11 40 4.500 4. 11.00*11.10 1120 3.000 5. 11.00&11.35 11.35 4.500 6. 11.00*11 35 11.40 2.000 8. 11.15*11.50 11.50 5.000 9. 10.90*11.50 11.25 '7.3(10 The hog market today at the Union stockyards showed a lower trend with prices ranging mostly 25 cents under Monday's average. The bulk, 160 to 300 pounds, were selling at $10.90 to $11.25. Top price waJ $11.25. Receipts were reported at 7.50 C. Holdovers. 261. Cattle and steers were selling irregular, with light and yearling steers active to strong. Other steers, and she stock steady. Two loads of outstanding steers sold at $12.90. Average weight was 971 pounds. Two loads of heavy cattle weighing around 1,330 pounds, were selling at $12.25. Vealers, little change, selling at $11.50 down. Cattle receipts, 1,500. Calf receipts were estimated at 7,000. Sheep and lambs were mostly strong to steady, selling at Monday’s best time. The .£ulk of ewe and wether lambs sold at $8 to $9.50. Receipts were 2,000. Chicago hog receipts 19,000, including 3.500 directs. Market held around steady with Monday’s average. Few early sales on 200 to 250-pound weights, sold at $11.15 to $11.25. Good and choice weights averaging 225 pounds were bid $11.50. Cattle receipts, 6,000. Calves, 3,000; market unchanged. Sheep, 25,000: steady.
HOGS Receipts. 7,500; market, lower. —Light Lights—--6140-160) Good and choice .. $10.151? 10.65 —Light Weights—--1160-180) Good and choice ... 10.90 (160-2001 Good and cnoice . ... 11.05 —Medium Weights—-(2oo-220) Good and choice... 11.25 (220-500) Good and choice... [email protected] —Heavy Weights—-(2so-3501 Good and choice... [email protected] (290-350) Goo dand choice .... [email protected] —Packing Sows—-(27/5-500) Medum and good.. B.oo*> 9.00 (100-130) Good and choice 8.50@ 9.50 CATTLE (Slaughter Class) ' Receipts, 1,500; market, steady. —Steers—-(6oo-1.100) Good and choice [email protected] Common and medium 5.50(g) 10.00 (1.100-1.500' Good and choice [email protected] Medium 6.50® 9.50 —Heifers—-(sso-850) Good and choice [email protected] Common and medium 5.50® 9.25 Good and choice 5.50@ 7.00 Common and medium 4.50@ 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® 5.50 CALVES AND VEALERS Receipts, 700; market, steady. Good and choice $11.00*11.50 Medium [email protected] Cull and common 5.50® 8.00 —Calves—-(2so-300) Good and choice [email protected] Common and medium 5.00® 8.00 STOCKER AND FEEDER STEERS • (500-600) Good and choice 6.00@ 7.50 Common and medium 4.00@ 6.00 ; 800-1.0501 Good and choice 6.00® 7.50 Common and medium 4.00® 6.00 SHEEP AND LAMBS Receipts, 2,000; market, steady. Good and choice $ 8.50@ 9.50 Common and medium ........ 5.00® 8.50 —Ewes— Medium and choice 2.50i-> 4.00 Cull and common * I.oo® 2.50 Other Livesiock Bit United Press CHICAGO. Sept. 9.—Hogs—Receipts. 19.000. including 3.500 direct: mostly steady to strong; spots s@loc higher; underweights 15@25e higher: packing sows unevenly steady to 25c higher; top. $11.35; bulk 190-270-lb. weights. [email protected]: light lights. 140-160 lbs., good and choice. [email protected]; light weights. 160-200 lbs., good and choice. $10.65®11.25; medium weights. 200-250 lbs., good and choice. [email protected]: heavy weights. 250-350 lbs., good and choice. $10.35*11.30: packing sows, 275500 lbs., medium and good. [email protected]: slaughter pigs. 100-130 lbs., good and choice, $8.75@10. Cattle—Receipts, 6,000; calves. 3.000: active market on all killing classes: medium grade steers scaling above 1.000 lbs. slow, but everything else moving: all grades light yearlings standing 25c or more higher for the last two days; $12.70 paid for mixed yearlings: numerous pales. [email protected]: heavies scarce: best, $12.25: slaughter cattle and vealers: Steers. 600-900 lbs., good and choice. $10.75*13; 900-1.100 lbs., good and choice, $10.25(5)13; I. lbs., good and choice, $9.50@ 12.75: 1.300-1.500 lbs . good and choice, [email protected]; 600-1.3G5 lbs., common and medium, $6.50®10: heifers. 550-850 lbs., good and choice. $9.75® 12.75: common and medium. [email protected]; erws, good and choice. [email protected]; common and medium. [email protected]; low cutter and cutter cows. [email protected]: bulls, yearlings excluded, good and choice beef, s6@7; ;cutter to medium. $4.25®6.40 vealers. milk fed. good and choice. sll@ 13: medium, s9@ll; cull and common, $7.50@9: stocker and feeder cattle: Steers. 500-1,050 lbs., good and choice. $6.75® 8.50: common and medium. ss@7. Sheep —Receipts. 25.000: lambs mostly steady to 15c higher: bulk natives. $8.50*9.25; top. $9.35 to city butchers: rangers bid $9: selected feeders. $7.70; fat ewes, $3.50*4.25: strong: slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. [email protected]: medium. $7*8.50: all weights, common, $5 @7: ewes. 90-150 lbs., medium to choice. $2.50*4.25: all weights, cull and common. $1.50*3: feeding lambs, 50-75 lbs., good and choice. $6.75® 7.70. Bit United Press EAST BUFFALO. Sept. 9.—Hogs Receipts. 600; holdovers. 800; rather slow: light lights barely steady: others steady to 15c higher: bulk. 170-200 lbs.. $11.75® 11. few. $11.90; 150-160 lbs., $11.25® 11.65: 130-140 lbs.. $10.50® 11: pigs, slo© 10.25. Cattle—Receipts. 100; medium steers. $10: cows slow, steady: cutter grades. [email protected]. Calves—Receipts. 50: vealers unchanged: $13.50 down. Sheep— Receipts. 500; lambs generally steady: good to choice moderately sorted. slo® 10.25; throwouts. $7.50. Bn United Press EAST ST. *OUIS. 111.. Sept. 9.—Hogs— Receipts. 13.500; market, very slow at 20 *3oc decline from Monday's average: top. S11.15: most of new early sales. 130-230 lbs.. [email protected]; packing sows steady at sß®9: nothing done on pigs or weighty hogs. Cattle—Receipts. 7.000; calves, receipts. 2.500: market; few steers steady, spots. 25c higher; a few western steers steady to 25c lower; fat mixed yearlings and heifers strong: spots 25c higher: cows and low cutte - ; steady; medium bulls steady to 25c 1 * ter: vealers 25c lower at $11.50; top vr.ar.ings. $12.75: top heifers, $11.75. Sheep—Receipts, 2.500: market, no early sale to packers: few small lots to butchers at $8.75®9: sheep, unchanged. Bv Times Bnecial LOUISVILLE. Sept. 9.—Hogs—Receipts. 500; market. 15c lower: 275 lbs. up, $10.45; 175 to 275 lbs.. $11.10; 130 to 175 lbs.. $9.30; 130 lbs. down. $7.50: roughs. $7; stags. $6 40. Cattle—Receipts. 200; market slow steady: crime heavy steers. $8.50@ 10: heavy shipping steers. *[email protected]. medium and plain steers. $5.50@7: fat heifers. $5.50*10: good to choice cows. s4@6; me- ; dlum to good cow*. 53.50S 4: cutters. s3® 3.50: canners $2*2.75: bulls. $3.50*5; feeders. s*.6o®7: stockers. s4@6. Calves— Receipts. 300: market, steady; choice. $8 j *9.50: medium to good. [email protected]: common to medium. $4*5.50. Sheep—Receipts. 300; market, steady: ewe and wether lambs. $8: buck lambs. $7: seconds. $4*4.50clipped sheep. $2.50*3.50. Monday’s shipments: Cattle. 455; calves, 913; hogs, 151; sheep. 478. Bv United Press TOLEDO. Sept. 9.—Hogs—Receipts. 300: market, medium weights steady, lights 10 *lsc lower: heavies. $10.50*11: mediums. $11.25*11.40: Yorkers. $9.50*10; pigs. $9 @9.50. Cattle—Receipts. 150: market steady. Calves—Receipts, light: market strong. Sheep—Receipts, light: market steady. Bv United Press FT WAYNE. Ind.. Sept. 9.—Hogs—Market 15c lower: 120 lbs. down. $8.35 * 8.60: 120-140 lbs.. $9.10*9.35: 140-160 lbs.. *9.85 @10.35: 160-200 lbs.. $lO 70*10.85: 200-250 lbs.. $10.85*11: 250-309 300 lbs. up. $10.35: roughs, $8.25; stags. $6: calves. *11.50; lambs. SB. B" United Press Sect - 9.—Hogs—Receipts. 500: holdovers. 1,00: market mostly 10c to 15c higher from Monday's average: sows, steady; 180-210 lbs.. *11.706 11/75: 220260 lbs. *11.05*11.65: 100-140 lbs.. $9.25* 10.25: packing sows. $8.50*9. Cattle—Receipts. 15: market, steady. Calves—Receipts. 100: market, slow; about steady, choice vealers. scarce: bulk, medium to good, around $7.50911. Sheep—Receipts. 800: fat lambs, strong to 25c higher: ton. $10.25: better grade mostly *8.75*10; common and medium, *5.5098.
Dow-Jones Summary
LONDON—New York Cables opened at 4 86%: Paris checks 123.84; Amsterdam 12.077; Italy 92.825: Berlin 20.405. Oppenheim Collins and Company year ended July- 31. net Income $952,614 after depreciation federal taxes etc. against $1,560,591 in preceding fiscal year. Tl'LSA—Domestic Crude Oil Production in the United States in the week ended Sept. 6, averaged 2,437,712 barrels daily a decrease of 35.400 barrels daily from the previous week according to the Oil and Gas Journal. Lerner Stores Aug. sales *1,879.087. increase of 30 9-10 per cent over August 1929: eight months $15,226,412, increase 40 per cent. Dallas Federal Reserve Bank cuts rediscount rate to 3% per cent from 4 per cent. Total melt of 15 United States sugar refiners for period Jan. 1, to Aug. 30. 1930. amounted to 3.23(1.000 lopg tons, against 3.525,000 for period Jan. 1. to Aug. 31. 1929. Deliveries for period were 3.010,000 long tons, against 3,305,000 long tons. Childs Company August sales decreased 14 per cent from 1929 month to *2.172.994: eight months. 517.804.302 or 3% per cent. Lane Brvar.t August sales $1,136,797. increase 13.9 per cent over August. 129; eight months. $11,237,446. increase 10.2 per cent. These figures include sales of Coward Shoe Company since May, 1930. August steet ingot output was 3,095,293 tons, a daily average of 119,050 tons against 2,933,399 tons in July and 4,939,036 tons in August, 1929. according to American Iron and Steel Institute. August operations averaged 59.46 per cent of capacity against 56.35 per cent in July and 93.28 per cent in August last year. Eight months output 29,821.891 tons against 38.825,943. Net profit of Simons-Boardman Publishing Corporation six months June 30 was $281,077 after charges and taxes. Reports say earnings are in excess of those for first nine months of 1929. Output of electricity for week ended Aug. 30 of Associated Gas and Electric System amounted to 60.002.130 k.w.h.. an Increase of 9-10 of 1 per cent over same week 1929. August gross gryns of 8 per cent over July for Interstate Department Stores was first such increase for company August usually showing decline Irom month previous states President Federman, who attributes upturn to increased payrolls in citicp in which it operates. Island Creek Coal Company August output 418.493 tons coal, against 452,761 in July and 532,817 in August. 1929. Pond Creek Pocahontas Company August output 122.531 tons coal against 114,561 tons in July and 78. 162 in August, 1929. Brunswick-Balke-Collender Company declared regular quarterly dividend of 1.75 on preferred payable Oct. 1. record Sept. 20.
Foote Brothers Gear and Machine Company wartcrly dividend of 2 per cent in common on common and 1.75 on preferred both payable Oct. 1; record Sept. 20. Cleveland Trust Company declared regular quarterly dividend of S3 payable Oct. 1: record Sept. 15. Bank of Germany statement as of Sept. 6. shows gold 26.618.900.000 marks unchanged from Aug. 30 and circulation 4,486.200.000 against 4,707,400.000 marks. Mexican Seaboard Oil Company elects John M. Lovejoy. president, succeeding Harris Hammond who was made chairman of board. C. P. Watson elected vice-presi-dent. Philadelphia Company to split common stock 5-for-l on Sept. 10. New stock not to be listed on stock exchange. Federal reserve board's condition statement as of Sept. 3, shows increases for week of $46,000,000 in loans and investments $30,000,000, in new demand deposits $32,000,000 in time deposits and $39,000,000 in borrowings from federal reserve banks. Loans on securities $8,383,000,000, increase of $6,000,000 over previous week, all other loans $8,446,000,000, increase $30,000,000 and total loans $16,830,000,000, increase $37,000,000. Reading Company placed contracts covering 30.000 tons of 130-pound steel rails. Total cost of contracts "will exceed one million dollars. New rails will be furnished by Bethlehem Steel and Carnegie Steel Companies. Ludlum Steel Company omits quartely common dividend of 50 cents due at this time. Regular quarterly dividend of $1.62% on preferred declared. Lehman Corporation declared regular quarterly dividend of 75 cents. G. R. Kinney Company August sales decline 17.7 per cent under 1929 months to $1,354,474. Eight months $11,444,533, decrease of 9.9 per cent. Other Livestock Bv United Press CINCINNATI. Sept. 9.—Hogs—Receipts. 3.750. including 350 direct: held over 140; 180-230-lb. averages mostly 15c lower; spots 25c lower; heavier weights scarce; steady to weak; pigs and light lights steady; sows weak; bulk better grade, 180-250-lb. butchers. $11.25® 11.35: 270-300-lb. averages quotable. $10.75*11.15; most 130150 lbs.. $10; with 150-175 lbs- [email protected]: sows. $8.25 to mostly $8.50: few smooth light. $8.75. Cattle—Receipts, 500: calves. 400: slow, generally steady; buyers very selective and indifferent on steers and heifers selling belov: $8: better grade at $8.50*10.75: beef cows mostly $4.50*5.50; low cutters and cutter cows largely $2.50® 3.50; outlet for bulls unreliable at $6 down: vealers 50c higher; good and choice. $10.50 @l2: lower grades. s6@lo. Sheep—Receipts. 1.000; better grade lambs weak to mostly 50c lower, at [email protected]: lower grades of sheep about steady: medium grade and buck lambs largely [email protected]; common throwouts. $5.50®6.50: light inferior kinds, s4@s: .fat ewes, $2.50®4.
Bv United Press CLEVELAND. Sept. 9.—Hogs—Receipts, 2.000: holdover, none; slow, light hogs around $11.35® 11.40: medium weight butchers quoted $11.50: light lights and pigs. $9.50*10. Cattle—Receipts. 250: around steady on s6@B: cutter and common kinds here, cows weak to 25c lower: cutter grades. $2.50 @ 4.25. Calves —Receipts. 500: vealers. strong re 50c higher: oualitv and sorts considered, better grades upward to $14*14.50: medium kinds. sll® 12.50 or above. Sheep—Receipts. 1.400: fully steady at Monday's best prices, bulk better grade lambs. $9.50® 10: common and meduim throwouts. 55.50@;8: fat ewes. $3 @4* mostly. $900,000 TEMPORARY LOAN TO BE SOUGHT School Board to Act on Resolution at Meeting Tonight. Resolution for a $900,000 temporary loan to carry on operation of the city schools until the fall instalment of # taxes Is collected is to be presented at the meeting of the school board tonight of A. G. Good, business director. Superintendent Paul C. Stetson will present a report showing that 114 public school teachers have earned salary increases totaling $16,230 a year by obtaining degrees and credits toward degrees, in accordance with the salary schedule providing automatic increases for completion of certain requirements.
4 RALLIES SCHEDULED Democratic Group Arranging to Hold Party Meetings. Democratic rallies for the week include: Wednesday, Women’s Eighth Ward Democratic Club, at the home of Mrs. Edna Ragsdale Price, 1219 North Alabama street; Thursday, East End Progressive Club, 2014 Alvord street; Friday, Reginald Sullivan Club, 1224 South Belmont avenue; Democratic Progressive Cnib, 1831 Arsenal avenue, and Saturday, Wayne Township Democratic Club, King avenue and Walnut street. CONVENTION DATE SET Weight Inspectors to Hold Session at Lincoln Sept. 16-18. Members of the Indiana Association of Inspectors of Weights and Measures will hold their annual convention at the Lincoln, Sept. 16 to 18. More than one hundred weights and measures officials from state, city and county departments will attend the meeting.
WEAK SUPPORT SENDS WHEAT MARKET DOWN V Buenos Aires Reopens With Sharp Advance: Corn Prices Lower. Bn United Press CHICAGO, Sept. 9.—Wheat opened fractionally lower on the Board of Trade this morning with moderate selling and lack of buying support. Liverpool was flat and dull, but steady at the decline. Buenos Aires reopened today with a sharp advance. Corn was unevenly lower, September again being under pressure. Oats followed the other grains lower. . • Liverpool Off J At the opening wheat was s sC at ?sC lower; corn was unchanged to lc lower, and oats were off % to 3 sC. Provisions were weak. As expected, Liverpool stalled lower and by mid-afternoon had worked its way down to l s s to l%c off. The local trade turned more bearish Monday when it became apparent that there would be no follow up to the advance caused by the Argentine news. The market reverted to North American conditions and the big Canadian movement took the lead, depressing the market. The big feed demand and the belief that Europe will have to come to North America for its needs in* the near future acts as a check on the decline. Oats Strong Corn bulls Were disappointed when that grain followed wheat lower Monday in the face of the bullish fundamentals. The trade has slowed up perceptibly, awaiting the government report which is due Wednesday. Cash oats continues to be the strengthening factor in that pit. The recent weakness in the other grains, however, has been depressing.
Chicago Grain Table —Sept. 9 WHEAT— Prev. Open. High. Low. Close, close. Sept.. .83%. .83% .82% .82% .84 Dec... .88% .89% .87% .88 .89% Mar.. .92% .93% .91% .91% .93% May.. .95'% 96% .94% .94% .96% CORN— Sept.. .96% .97% .96% .97% .97% Dec... .91% .93 .91% .92% .91% Mar.. .93’/* .94% .93% .94 .93% May.. .95% .96% .95% .95% .95% OATS— Sept.. .39% .39% .38U .38% .39% Dec... .42% .43% .52% .42% .43 Mar.. .44% .45% .44% .44% .45 May.. 46 .46% .46 .46’* .46% RYE— Sept.. .56 .56% .56 .56 ... Dec... .61% 62 .60% .61% .81% Mar.. .65% .66 .64% .65 '.65% May.. .68% .63% .67% .67% .68% LARD— Sept. 11.50 11.50 11.45 11.45 11.62 Oct.. 11.40 11.52 11.40 11.42 11.52 Dec.. 11.17 11 30 11.17 11.22 11.22 Jan.. 11.15 11.25 11.15 11.20 11.20 Peb •••• 11.20 11.25 BELLIES— Sept 14.60 14.60 Bv Times Bvecial CHICAGO. Set. 9.—Cairlots: Wheat. 59; corn. 262: oats. 114. BARBER LICENSE BILL TO BE RESUBMITTED Past Legislature Defeats Fail to Discourage Tonsorialists. Not discouraged by past defeats in the legislature, the Indiana State Association of Journeyman Barbers will sponsor introduction of its barbers’ licensing bill in the 1931 Indiana general assembly, officials announced today. Members of the association’s legislative committee perfected legislative plans at the Claypool Monday and elected as association officers: J. C. Werkman of Ft. Wayne, president; Janies J. Jones of Gary, first vice-president; L. B. Murphy of Wabash, second vice-president; Thomas Ware of Indianapolis, third vice-president; Gustav H. Brizins of Terre Haute, fourth vice-presi-dent; Ray Palmer of Evansville, fifth vice-president, and Herbert Frame of Hammond, secretary.
TWO BANKS CLOSED Jonesboro, Gas City Audits Ordered by State. Both the Gas City State bank i and the Citizens bank of Jonesboro, ! of which Edward Bloch was president and principal owner, were closed for audit by the state banking department today. J. W. Parrett and S, P. Good left Indianapolis to take charge of affairs of both banks. Bloch committed suicide in Muncie last Saturday, leaving a note indicating that worry over financial affairs was responsible. He also owned several Nothing stores. The Gas City bank was organized in 1906 and had deposits of $272,000 at the last report. It had been robbed twice of sums totaling 537,000 within the last two years. The Jonesboro bank was organized in 1905. GARY FIRM LOW ON HIGHWAY WORK BIDS I 53',261 Estimate Submitted for Dunes Road Paying. With a bid of $37,261.79, the Sunderman Construction Company of Gary was low when bids were ; opened by the state highway de- | partment today on one and eight- : tenths miles of forty-foot concrete j paving on the Chesterton-Dunes i State Park road. State Road 49. ] The engineers’ estimate on the I project was $53,225.46. ! The new pavement, in Porter j county, will be north of the North Shore electric lines, connecting with j the concrete parking area in Dunes j State park. MEETING IS STRESSED Leslie Urges Attendance at Session of Crime Commission. Importance of a meeting of the Indiana crime commission to be held at the statehouse Sept. 15 is stressed in invitations being sent to commissioners today from the office of Governor Harry G. Leslie. The meeting is expected to evolve definite bills for presentation to the 1931 legislature. e
The City in Brief
A benefit card party aqd dance will be held by the women’s club of the Municipal Gardens Sept. 19. Funds raised from the party will be used to entertain members of the State Perk Superintendent's Association when the group convenes here Sept. 22. E. A (Big Rifh) Richardson, humorist and impersonators of Evansville, will entertain the Kiwanis Club at its luncheon in the Claypool Wednesday. Willis N. Coval, president of the Union Title Company, addressed the Universal club at noon today at the Columbia Club on "Abstracts of Title." Free business courses will open tonight at the Baptist Christian center. 164 North Blackford street, including courses in bookkeeping, shorthand, typewriting and other subjects. Miss Willa B. Walker, superintendent, announced today. Captain Janies C. Gabriel. Cravvfordsville, and Captain Arthur W. Wolfgang of Evansville, officers of the Indiana national guard, have been assigned by Manford G. Henley, adjutant-general, to attend the field artillery school at Ft- Sill, Okla. Workers in the Bible school of the First Baptist church held their first conference of the current fiscal year Monday night in the church's assembly room. Promotional activities of the school were outlined by speakers. Slipping on a rug. Miss Gladys Rcoker, 26, of 2023, Brookside avenue, suffered a dislocated knee Monday afternoon. She was taken to city hospital. A souvenir pictorial postcard is being sent by Charles G. Stephen, 2121 Sugar Grove avenue, aboard the seaplane Trade Wind, which will hop off from New York in October, bound for Europe and return on the first trans-oceanic flight ever undertaken with a heavier-than-air machine carrying a pay cargo. | E- H. Foullous’ pigeons won the : pigeon race from Jeffersonville to | Indianapolis staged Monday by the | Indianapolis Racing Pigeon Club, i His birds averaged thirty-one miles i an hour over the one hundred mile course.
A meeting of the international executive board of the United Mine Workers of America has been called for Sept. 17 by John L. Lewis, president. It will be the first meeting at international headquarters since the convention here last spring. FORD SALES OFF Oakland and Pontiac Show Increase. Bv United Press DETROIT, Sept. 9.—World production of Ford cars and trucks in August was 99,142, it was announced today by the Ford Motor Company. The figure was less than preceding months, due chiefly to curtailed activities in branch assembly following the closing of the Rouge plant for inventory. Retail sales in August of Oak-land-Pontiac dealers totaled 7,443 cars, an increase of 17 per cent over July sales, W. A. Blees, vice-presi-dent, announced in a statement in which he said increased sales reflected a definite improvement in business in general.
BATTERY FIRM WILL BUILD NEW PLANTS Factory for Containers Will Be Constructed in California. Battery Containers, Inc., will build at least one, and perhaps two new plants in the near future, according to John Ahlgren Lindenborg, 1038 West Thirty-fifth*.street, vice-president. Lindenborg was the inventor of the first storage battery container, which his firm manufacture"., and a new patented process in making the containers likewise is his invention. The present plant in Lowell, Mass., turns out 3,600 containers daily. Anew plant will be constructed soon in Oakland, Cal. Marriage Licenses Richard Green. 23. Olnev. 111., machinist. and Lillian Miller. 24. of 1306 East Market. Bvron T. Vance. 28. of 627 North Pennsylvania. clerk, and Ethel L. Bock, 23, of 1540 Park, stenographer. Janies T. Atherton. 25. of 211 South Warman. salesman, and Lola E. Thompson. 25. of 211 South Warman. clerk. ' Wiliam F. Snyder. 21. of 1546 Edwards, clerk, and Kathryn L. Nelson, 19. of 516 West Charles, clerk. Leo Hutton. 22. of 25 West Arizona, laborer, and Floretta Hunt. 18. of 204 Wisconsin Charles F. Loutt. 74. of 2940 Jackson, watchman, and Ivdia A. Halev, 69. of 2940 Jackson. John R. Gutshall. 23. of 1515 Madison, cook, and Dorothy M. Fulton. 21. of 1515 Madison, clerk. Paul A. Simms. 19. of 1739 Ludlow, carpenter. and Ruth Williams. 18. of 3116 West Vermont. Daniel C. Barrett. 23. city hospital interne. and Martha C. Goodridge. 20. of 704 East Day. clerk. Howard D. Lowden. 30. of 517 Woodiawn. salesman and Pauline D. Peck. 27. of 2010 North Meridian, nurse. Ralph B. Whitehill. 25. of 3225 North Meridian, manager, and Rosemary C. Clune. 24. of 1911 North Alabama. Building Permits T. O. Sines, repairs. 1427 North Delaware. SSOO. Fred Schmidt, dwelling and (taraze. 806 De Quincy. $3,950. Carl Shafer, repairs. 1619 Prospect S3OO. A. H. Wurster. zaraze. 3249 North Capitol. $250. j W. L. Stace. dwellinz and zaraze 821 North Ritter $5,000. Grinslade Construction Company, dweilinz and zaraze. 5835 Winthroo. $3 500.
[jr wild iNttffiwm co j W j North American Trust Shares A Fixet 3 Trust 129 E. Market Lincoln 8884
CORRECTION The living room suites advertised in Monday’s Times should have read TUESDAY 6c WEDNESDAY
Ideal Furniture Cos. 141 WEST WASHINGTON ST, < Tiie Indiana Tfieatr*' is across the Street from us
SEPT. 9, 1930’
BUILDING DROP IS SHOWN BY DODGEREPORT Decline of 5 Per Cent From July: 29 Per Cent From August, 1929. Bv Times Soerial NEW YORK. Sept. 9—Construction contracts awarded in the thirtyseven state east of the Rocky Mountains during August totaled $347,318,300, according to F. W. Dodge Corporation. This was a decline of 5 per cent from the total of $367.528.400 reported in July and of 2!) per cent from the total of $488,882.400 for August. 1929. For the year to date, new construction undertaken in this territory was valued at $3,352,860,000 as compared with $4,156,865,300 for the corresponding eight months ors 1929. The August. 1930, contract record showed $140,446,700 for non-resi-dential building: $124,202,100 for public works and utilities, and $82,669.500 for residential buildings. Os the non-residential total. $50,860.300 was for commercial structures; $25,897,200 for educational buildings, and $20,695,100 for industrial plants. All other non-residen-tial building contracts awarded in August were valued at $42,994,100. Decreases from both the previous month and August, 1929, were general in all of the thirteen Dodge territories, except the metropolitan area of New York and the Kansas City district (western Missouri. Kansas. Oklahoma and Nebraska). which showed gains over both periods. Declines from July only were registered in all districts except in the Chicago (northern Illinois, Indiana, lowa and southeastern Wisconsin), St. Louis (southern Illinois, eastern Missouri, northeast Orkansas. western Tennessee and northwest Missippi) and the southeastern (the Carolinas, Georgia. Florida. Alabama and eastern Tennessee) territories, where gains in August were recorded over July. The Chicago district, which includes Indiana, showed August contracts valued at $46,656,500 as against $39,827,800 in July and $77,716500 in August, 1929.
DRY DAMAGE SUIT TO BE IN U. S. COURT Federal Judge Takes Over Action Aga nst Four Agents. The $25,000 damage suit of James Angelo, 3738 North Illinois street, againat four special prohibition investigators, as result of a raid on Angelo’s home, Aug. 19, today was ordered removed to federal court, from Marion circuit court by Federal Judge Robert C. Baltzell. The removal order was tentative, Angelo’s attorney, Ira M. Holmes, having an opportunity to demand hearing later. Agents named in the suit are B. F. Hargrove Jr., Oliver J. Getty. John H. Wyman and Joseph H. Denny. The suit charges they frightened Mrs. Angelo and her children and caused the family to be held up to ridicule. No liquor was seized on the raid. , ODOR NOT PROTESTED South Side Civic Clubs Meet Tonight On Sand-Blast Opposition. Meeting of the South Side Civic Club will be held at 8 tonight, instead of Wednesday night, in Fountain Square Theater building, to protest against a sand-blasting machine in a city barn on the south side, instead of against odor of the barn, as stated in The Times Monday, RETIREp OFFICER DIES John Belch, 71, Police Lieutenant Until Seven Years Ago. John Belch, 71, Apt. 9, Graystono apartments, for twenty years a policeman, died late Monday of ptomaine poisoning. He was a police lieutenant when retired seven years ago. Mr. Belch became ill Aug. 31.
■ ls >*rir. iiniftr DIVIDEND MVfor-ZgtUb, NOTICES UTILITIES Power & Light System (For period indtng September JO. 1930) yr Interstate Power Company $7 and S6 Dividend Preferred Stocks Quarterly divid’d *7 pfd..J1.75 per share Quarterly divid’d J 6 pfd.. 1.50 per ehare Payable on Oct. 1,19 JO To stockholders of record Sept. 10, 1950 Central States Utilities Corporation $7 Dividend Preferred Stock Quarterly dividend sl.7s per share Payable on Oct. 1, 1950 To etockboldere of record Sept. 10, 1950 Central States Power A Llfht Corporation S7 Dividend Preferred Stock Quarterly dividend .81.75 per itot Payable 0n... Oct. 1, 1950 To stock holders of record Sept. 10. 1950 Indianapolis Power & Light Company 6 \VJt CMutative Preftned Stock Quarterly dividend-... $1.62% per share Payable on Oct. 1, 1950 To stockholders of record Sept. 3, 1950
