Indianapolis Times, Volume 42, Number 108, Indianapolis, Marion County, 13 September 1930 — Page 10

PAGE 10

HEAVY SELLING SENDS STOCK ' SHARES DOWN Late Trading Wave Fails to Force Leading Issues Lower.

Average Stock Prices

Average of thirtv Industrials for Thursday was 242 88. off 2.2! Average of twenty rails was 132 86. off 07 Averaße of twentv utilities was 88 24. o!T .53. Averaße of fortv bonds was 97.14. of! .07. flu I nilrd Press NEW YORK, Sept. 12.—Considerable unsettlcment was created in the stock market today when bearish professionals launened a savage selling attack in the general list on th? theory the market was entitled to a technical reaction following the recent substantial rise. After holding within a narrow trading range through the greater part of the session, heavy offerings in the final hour forced recessions of one to three points in the leaders. At the close, small recoveries were made from the last hour lowlevels. Heavy The late selling wave, however, failed to unloose important blocks of stocks and the storm appeared to have spent its force before the closing gong. Leading shares like Steel common, American Can, General Electric and Westinghouse Electric were able to hold part of their gains. Vanadium met strong support when efforts were made to push it below its previous closing level of 87 t and independent strength was displayed on Newton Steel and some of the petroleum and public utility shares. Selling in the general list was accentuated by renewed weakness in the commodity markets. Wheat lost a cent a bushel after touching a new seasonal low and corn and cotton prices were lower. Pressure Heavy Another tactor in the late unsettlement was the throwing overboard of stocks by traders who grew discouraged over the failure of the market to follow up recent gains with further strength during the first four hours of trading. The pressure on the list,, while heavy for a few minutes, was prevented from getting out of bounds by the appearance of powerful support. According to preliminary calculation the Dow, Jones & Cos., industrial average declined $2.20 to $240.68 and the railroad average $0 71 to $131.95. Sales for the day totaled 1.905.860 shares, compared with 1,738.640 shares Thursday.

Bank Clearings

-Sept. 12— INDIANAPOLIS STATEMENT Clearings $ 3.403,000.00 Debits 6.399,000.03 CHICAGO STATEMENT Clearings S 84.200.000.00 Balances 6.500,000.00 NEW YORK STATEMENT Clearings . $913,000,000.00 Balance 133.000.000.00 Fdl. Res. bnk. cr. bal 127,000.000.00 TREASURY STATEMENT y Net balance for Sept. 10. S 36,503.815.66 Expenditures .. 14,257.409.77 Customs rect. month to date 10,902.660 49

James T.Hamill & Company Private Wires to All Lending Markets Indianapolis MEMBERS Chicago Stock Exchange Chlrago Bonrd of Trade Indianapolis Board of Trade Associated New York Cnrb 203 Continental Bank Bldg. Tel. Riley M9S—Riley 5194

femininity 3 Invades Below-stairs . . • FIRST it was politics ;;; and they got the vote; they invaded the business world ;:; and showed hardheaded business men how the game should be played. Mere man was pushed back to the last... the only place he could call his own—the basement room under his home. Today, femininity invades below-stairs; today tne modern basement offers another room; clean, comfortable, and with every modem convenience ;;; The I otce Including the handy extension telephone, which saves of Millions miles of steps and costs but a few cents a day! Indiana Bell Telephone Company

New York Stocks "" " (By Thomson At McKinnon) 1 1

—Sept. 13— Prev. Railroad*— High. Low. Close. Atchison 22i% 220 220 221 a i Balt & Ohlc 100‘.a 99 ?9% IChesa At 0hi0... 50% 49% 49% 50,2 'Chesa Corp * 1 Chi Grt West. . . ... 1 21 *■* Chi NWe t .. #B*. 6. . 6.% 68 CRI4P ,* 2 Del L At W • I” Erie 41'a 41 41a 41 2 Great Northern. - , *?. Illinois Central US’* 115 llj> 4 l l ® 2 Kan City So .!** ••• Lou At Nash •• 3 -1;, MKAt T . . 41'i 41 41'a 41* Mo Pacific .... 68 3 4 67 67 ... N Y Central 164 HI 3 , 161% 163*2 Mo Pacific pfd 123*2 122*2 122*2 ... NY NH A: H . . 107% 107 107 10<*4 Nor!oik at West 225% 225', 225 2 - A . Pennsylvania ... 74% *3*2 <3*2 <4 2 So Pacific .119*. 117% 118'* 113% Southern Rv . 88 3 85% 85% 87 St Paul 15*4 14% 14* lo*4 St. Paul pfd 22% 22-, 22’, 23 2 Union Pacific 220*2 218*, 218', 220*2 W Maryland . 24', 24 24‘, -a Equipment Am Car A: F'dy.. 51% 51 % 51% 52 Am Locomcllvr 44*, Am Air Brake S . 44 Gen Am Tank 89 3 , 87% 88*, 90’, General Elec .. 73", 72*, 72', 73', Gen Ry Signal . 81‘2 81*. 8!', 82-. Press Stl Car. 7’, 7*2 7% 7% Pullman 68 67*. 67 % 68 •, Westlngh Ar B 39333,8 3 , 38% ... Westingh Elec. . .156 5 , 152* 4 153', 15i‘, Rubbers— Firestone .. .. 19', 20 Fisk 2 I’, l’a 13,l 3 , Goodrich 22*2 22', Goodyear .. 53 3 4 53 53 3 4 54 Kcllv Sprgfld 3% 3*.. 3'.. 3*2 U S'Rubber . 20 19’, 19% 19% Motors— Auburn 128% 122 12 7 1 _• 129*2 Chrysler 28 7 , 28', 28’2 29 Gardner ... 2* 4 .. • Graham Paige.. 6 5% 6 6 General Motors 45*2 44*2 44% 45% Hudson 3330 3 30 30 30 llupp .13% 13*2 13 3 s Alack 61*4 SO 3 4 60% 61*2 Nash 34*2 34', 34 3 /, 34*2 Packard 13*, 13 13', 13 3 Fierte-Arrov. - . . • 20 Rco 13*4 13 13*4 13*, Studebaker 30’, 30% 30% 30’, Yellow Truck ... 23 22 22 23 Motor Access— Bcndtx Aviation.. 3% 31% 32% 33’, Porg Warner . 29'*, 29 3 29% 30 Briggs 20* , 19=4 19’, 20 Eaton 24*2 23 3 4 24 1 24% El Storage B 67 3 , . .. Honda 9 8% 9 9 Motor Wheel .... .. 22*2 ... Sparks W 20% 20'2 20*2 20*2 Stewart Warner. 27 1 _■ 27 27 27*, Tim kin Roll .. 70’, 69 63 70% Mining— Am Metals 31 SO 3 , Am Smelt 69*, 68*. 68% 69 Anaconda Cop .. 48*.. 4G a , 40’, 47% Cal A: Hecia . . 13", 13 13*4 13% Cal & Arie 19*, 51 Cerro dr Pasco. 48 45* 2 45*2 47 Dome Mines 9*. 9 9 9*, Freeport Texas.. 46*, 45’., 45 3 , 45*2 Granby Corp 22 23 Great Nor Ore 31% 39', 3T*4 21> 4 Howe Sound . 30' • lilt Nickel .. . 26’, 25*. 25’, 26’, Inspiration . 14 3 4 Kennecott Cop 36', 35*2 36'.. 36% | Magma Cop , 32’, ... Miami Copper .. 151, Nev Cons 15’, 15 15% 16 Texas Gul Sul. 59’, 53% 53 59% U S Smelt 22' 4 21’, 22', 21 Oils— Amerada 23*2 23'.. Am Republic 17'2 ... ’ Atl RefininE....333,4 3 ,33 3 4 33 3 , 34 Barnsdall 23 22*2 22*2 23 Houston 73*1 76', 76% 77*4 Ind Oil 24’,, 21*4 24 s , 24 3 1 Indian Refining 13'i I!', 12% ll 3 , Mex Sbd 25*2 24 24 5 , 24’, Mid Conti 23*2 23>, 23% 23 s , Pan-Amer <B*. .. . . 54 Phillips 33 32*2 33 32’1 Pr Oil & Gas 35 33’, Pure Oil IP 3 , 19*2 IS 3 * 19 3 4 Richfield . ... 16’, 16’, 16 3 4 16*2 Royal Dutch . •*s% 43*. 48‘ 4 48’, Shell Un 14% 14% 14*2 14% Simms Pt 21’; 21 3 a Sinclair 22' * 21**, 21*8, 22‘, Skellv 26’, 27 Standard ol Cal 60 7 60’, 60'. 60% Standard of NJ 70% 69 3 , 70 78' 4 Standard of N Y 31', 30% 31 31 Texas Cos . ... 51’, 51', 51’, 51', Union Oil 40*, 40% Steels— Am Roll Mills.. 52’, 51% 51*.■ 52', Bethlehem ... 88% 87*2 38% 88', Byers AM 77'- 75 76 -7 Colo Fuel 50’, 50 50 50* 4 Cruc Steel . 16 , inland 79% 78 79 3 4 Ludlum 22'.. 22 22 22’, Midland 32’, 32',4 32'. 32% Repub IA: 5.... 36’ 4 35 35'? 36 U S Steel 172 3 , 199% 170'. 170 3 4 Vanadium . ... 90 87' 4 37% 87’. Youngst S A: W 40 30 39" 4 39’. Tobaccos— Am Tob A mew* . 124 126’, A Tob B knew 1 .128 s , 126 3 4 126 s , 128'... General dear .. . . 45', ... Lie & Myers B. 102 101', 101', 102’, [.orUlard 22% 22' 4 22,* 4 22% Phil Morris UV2 ... Reynolds Tob.. 53 52% 53 53'1 Tob Pr A 12®, 12'2 Tob Pr B *>% 4' 4 4% 4 s , United Cig 8 7'- 7'2 74* i'tilitics— Abitibi 22’ 2 22 22'2 22% Adams Exp 28% 28 28 28', Am For Pwv .... 75' 7% 72% 734, Am Pwr & Li.. 86% So 85 85 3 4 AT&T 218 3 , 215', 216 218 Col Gas & El ... 65", 63* , 61% 65'i Com & Sou 14 s , 14'-, 14', 14% Gen Gas A 10 9’, 10 10 El Pwr & Li 77‘, 74 s , 74 3 4 75*2 Int TANARUS& T 44% 42*2 443'a 42 5 , Natl Pwr & Li. 50*4 48*2 49 49V t No Amer Cos 108% 105% 106' 4 108 Pac Gas & El ... 60'- 59" 4 60 60 Pub Ser N J 96% 94% 94’, 96% So Cal Edison.. 59 s , 59% 59’, 59% Std f- & E! 106% IQS 105% 106 United Corp 35 33% 34 34% Ut Pwr & L A. .33 5 , 35R% 35 s , 36% West Unuion .174 172 172 171% Shining— Am Inti Corp... 38% 37% 38 *<0 8 a Int! Mer M pfd. 22*, 22 22% 22 United Fruit 86%. S6 86% 87 1 Foods— Am Sue 51%. 51 '4 51% 50% Armour A 0% 5% 5’,4 SV Can Dry . 65% 65 5 , Childs Cos 53% 54% 54% 55% Coca-Cola 135% 184 185% 185% Foods— Cont Baking A.. 29% 28% 28% 29% Corn Prod 93% 91 s , .91 s , 93% Cudahy Pkg . 42% 42% Gen Foods 58% 57% 58 58% Grand Union.... 16% 16 16 16% Hersev 93 96% 97% 98’a i Kroger 29% 28*. 29 27% I Nat Biscuit 86% 84% 86% 85% | Pillsbury 33 33% 'Safeway St 75% Std Brands 21*2 20% 21 20% j Ward Bkg 9% 9% 9% 9%. Drugs— Cotv Inc 18% 17% 17*2 17% I Lambert C 0... 96% 95% 96% 96 ' Lehn & Fink ... 27%

Industrials—'Am Radiator 28', 27 27% 28 ; Certainteed 6% ... I Gen Asphalt... 42% 41% 41 s , 42% Lehigh P0rt..... . ... . 29% Otis Elev 69% 68% 68% 69% Indus Chcms— Allied Chem . 280 275 280 276 Com Soly 27 28% 28% 26% Union Carb 80% 78% 78% 80% : U S Ind Alco . 73", 72 72% 73 Retail Stores— Assoc Dry Gd3.. 37 s , 37 37 37% I Gimbel Eros 1 12% Krcsgc S S ... 31% 30% 30% 30% May D Store 45% 45% 45% 44 Mont Ward 38% 37% 37% 38*4 Penny J C ... 53 % Schulte Ret St.. 9 8% 8% 8% Sear, Roe 74", 72% 73% 74% Wotlworth 63 66% 66% 67’, Amusements— Bruns Balke .... 16% 16 16 16% I Col Graph .... 19% 18% 18% 13 s , Croslev Radio 16% Eastman Kod ..219 214 s , 216 215 Fox Film A ... 51 49 49% 50% Grigsby Gru 14 12 s , 12% 13% Loews Inc 80’, 78 s , 79% 81 Param Fam 61% 60% 61 61*, Radio Corp .... 42% 40% 41 42% R-K-0335,6 5 ,34 5 , 35*i 36% Schubert 13% 17% 17 s , 17% Warner Bros .... 29% 28% 23 s , 29", Miscellaneous— Airway App ... 17 18% 16% 17% : Citv Ice & Fu . . 38% 38% Congoleum ... 12 11 s , 11 s , 12 Amer Can 134*4 131 131 133% Cent Can . . 59 s , 58', 58% 59% Curtiss Wr 6% 6 s , 8% 6% Gillette SR . 68% 66% 67% 66% Real Silk 49% 47 47% 50 U’.en i. ... 23%

Net Changes

Ijn I'nitrd Prcsf NEW YORK, Sept. 12. Closing prices and net changes on principal j stocks traded today on the New York Stock Exchange were: Up. off American Can 131 ... 2% American & Foreign Power 72% ... % American Telephone 216 ... 2 Bethlehem 88% ... % Consolidated Gas 110 ... 1 Electric Power and Light... 73% ... % Fox Film A ... 49% ... 1% General Electric 72% ... % General Motors 44% ... % International Nickel 25’, ... 1 International Telephone ... 43% % ... Montgomery Ward 37% ... % North American 106% ... 1% Paramount 61 V ... % ; Pennsylvania 73% ... l ; Radio Corporation 41 . . 1% Radio Keith 35% ... % Sears Roebuck 73% ... 1 Sinclair 21% ... % Stadnard Brands 21 ! Standard Oil N J 70 ... % .Union Carbide 78% ... 13,I 3 , l United Corporation 34 ... % U S Steei 170% ... % Vanadium 78% ... •% ! Wcstinghouse Electric ....153% ... 2

New York Bank Stocks

—Sept. 12Bid. Ask. America 99 101 Bank of United States... 41% 42% 1 Bankers 163 164 ; Brooklyn Trust 730 735 Central Hanover 63 66 Chase National 151 158 Chatham Poehnix Natl.. 110 113 Chemical 68* 4 69 * * City National 167% 168* > Corn Exchange 163 170 Commercial 433 435 Continental 20 30 Empire 80 82 First National 5,125 5.200 Guaranty 650 662 Irvine 52% 53% Manhattan & Company.. 117% 119 Manufacturers 90% 91% New York Trust 259 260 Public 108 110 Chelsa 34 37 New York Curb Market (By Thomson & McKinnon) —Sept. 12Close Close Am Com Pwr.. 20% Instill Ut 56*4 Am Gas & El.. 129%!1nt Super 19 Am Lt & Tr .. 62% Int Pete 40 Ark Gas 9 3 • Midwest Ut .... 28*7 Aviation of Am 49% Mo Kan Pipe.. 17% Brazil P & L.. 35%iMt Prod 9% Can Marc 4% National Inv... 13 l i Cities Serv.... 29 iNewmont Min . 86% Cons Gas 118 Nia Hud Pwr 163% Cord 7*l 'Noranda 23% Crocker & Wh. 18 U < Pantepec 3% Dixie Gas .... 20%iPenroad 10 ’ 4 | Durant Mot .. 3%'Prince & Whtlv 10% ! Elec Bd Sh... S3 % Salt Creek 10% , Fokker 17% Sel Indus 5% I Ford of Can 28% Shenandoah 10% ! Ford of Eng 21%'Std of Ind 49% Ford of France. 11% Std of Kv 30% ' Fox Theater A. 10% Un Gas inewi .. 16% Goldman Sachs 18% Un Lt & Pwr... 40% I Gulf Oil 120%'Un Verde 8% 1 Hudson Bay... 7*4! Ut In Ind 14 : Humble Oil ... OO'YUt Pwr 18% 1 Ind Terr A.... 29 Vacuum Oil 78%

Cash Grain

—Sept. 12— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41 %c New York rate, were: Wheat —Weak: No. 2 red. 76077 c: No. 2 hard. 75®76c. Corn —Weak: No. 2 white. 93%@94%c: No. 3 white. 92%®93'.bc: No. 2 yellow*. 90 ® 91c: No. 3 vellow. 89 0 90c: No. 2 mixed. 87%88c: No. 3 mixed. 86087 c. Oats—Weak; No. 2 white, 35@36c: No. I 3 white. 34®35c. Hay—(F. o. b. country points taking ! 23’be or less rates to Cincinnati or Louisi ville.i Steady. No. 1 timothy. sl6 50017: No. 2 timothy. $15016: No. 1 light clover mixed. sl6@ 16.50: No. 1 clover mixed, j $16.50017; No. 1 clover hav. $17.50@18. —lnspections—- ! Wheat—No. 1 red. 2 cars; No. 1 mixed, I 4 cars. Total. 6 cars. . Corn—No. 3 white. 1 car; No. 6 white, ; 2 cars: sample white. 1 car; No. 1 yellow, I 6 cars; No 2 vellow. 2 cars; No. 3 vellow. : 5 cars No. 4 vellow. 3 cars: No. 5 yellow. 1 car. Total, 21 cars, i Oats—No. 2 w'hite. 14 cars; No. 3 white. 1 2 cars. Total. 16 cars. NEW YORK COFFEE RANGE High. Low. Close. 1 March 6.09 5.94 6.08 ! May 5.97 5.83 5.95 ; Julv . 5.81 5.81 5.81 September 5.69 5.65 5.69 December 6.45 6.20 6 39

THE INDIANAPOLIS TIMES

SWINE MARKET SHOWS UPTURN AT STOCKYARDS Sheep and Lambs Sell Higher: Cattle Prices Are Unchanged. Sept. Bulk. Top. Receipts. 5. sll.oo® 11.35 $11.35 %500 6. 11.00% 11.35 11.40 2.000 8 11.154111.50 11.50 5.000 9 10.904i 11.50 11.25 7.500 10. 10.654711.00 11.10 5.000 11. 10 654511.00 11.10 3.500 12. 10.85011.15 11.15 5.000 Porker prices today were mostly 15 to 20 cents higher than Thursday’s best time, at the city stockyards. Some underweights held higher. The bulk, 160 to 300 pounds, sold at $10.85 to $11.15. Receipts were estimated at 5,000. Holdovers 161. Cattle market little change, supply light. Receipts were 3,500. Vealers were selling mostly 50 cents higher at sl3 down. Receipts were reported at 600. Sheep and lambs largely 25 to 50 cents higher, with a good and choice grade of lambs selling at $9 to $lO. Receipts 1,300. Chicago hog reciepts, 13,000. including 5,000 directs. Holdovers, 6,000. Market active to shippers, mostly 10 to 20 cents higher than Thursday's average. Good to choice weights, weighing around 180 to 200 pounds, were selling at $10.85 to sll, and 200 to 250 pounds, sold at $11.05 to $11.15. Choice of 270-pound weights, were selling at $10.90. Cattle receipts, 1,5p0. Calves, 1,000; market strong. Sheep, 14,000; to 25 cents lower. HOGS Receipts, .7,000: market, higher. —Light Lights—- > 110-160> Good and choice. . .$10.25S 10.50 —Light Weights—-(l6o-180* God and choice 10.85 1160-200* Good and choice. ... 11.00 —Medium Weights—--1200-220* Good and choice.. 11.15 *220-500* Good and choice.. 11.15 —Heavy Weights—-<2so-350* Good and choice..,. 11.15 *290-350* pood and choice.. 10.50011.50 —Packing Sows—-*27s-500* Medium and good.. B.ooo* 9.25 (100-130* Good and choice... 9.2541 9.75 CATTLE (Slaughter Class* Receipts. 3,500: market, steady. —Steers—-(6oo-I.loo* Good and choice $10.50012.75 Common and medium 6.00010.50 (1.100-1.500* Good and choice 10.00® 12.50 Medium 7.00010 00 —Heifers—-<sso-8501 Good and choice 9.25011.50 Common and medium 5.500 9.25 Good and choice 5.50 0 7.00 Common and medium 4.500 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., 3.750 5.50 CALVES AND VEALERS Receipts. 600; market, higher. Good and choice $12.50013.00 Medium 9.50012.50 Cull and common 6.50® 9.50 —Calves—-(2so-3001 Good and choice 8.00010.50 Common and medium 5.00® 8.00 STOCKER AND FEEDER STEERS (500-600) Good and choice j 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. 1,300: market, higher. Good and choice I.s 9.00® 10.00 Common and medium 6.00® 9.00 —Ewes— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50

Other Livestock Bn fulled Press Sept. 12.—Hors —Receipts, 13,000. Including 5,000 direct; market active to shippers: mostly 100 20c higher; weights below 160 lbs. up less; packing sows slow, steady to 10c higher; bulk 180-250-lb weights. $10.75(011.10; top. $11.25; light lights, 140-160 lbs., good and choice, [email protected]: light weights. 160-200 lbs.. good and choice. $10.35011.15: medium weights. 200-250 lbs., good and choice. $10.850 11.15; heavy weights. 250-350 lbs., good and choice, $10.25011; packing sows, 275-500 lbs., medium and good. [email protected]: slaughter pigs. 100-130 lbs., good and choice, $8.5009.75. Cattle—Receipts. 1,500; calves. 1,000: market mostly steady, espe-. daily* on bulk of better grade yearlings, steers and most she-stock: grassy weighty steers and weighty heifers duli; killers fighting the relatively high prices on the in-between grade yearlings, but showing kinds very scarce; top. $12.25 on yearlings; $11.90 on heavy steers: steers. 600-900 lbs., good and choice. $11.25® 13.25: 900-1 *oo lbs., good and choice. $10.50® 13: 1.1001.300 lbs., good and choice, so.u©ig.io: I. lbs., good and choice, $9,500 12.50; 600-1.300 lbs., common and medium, $6.50® lb. 25; heifers. 550-850 lbs., good and choice. $10®13: common and medium. .6010.25; cow's, good and choice. $508.25: I common and medium. $405.25: low cutI ter and cutter cows. 5304.25: bulls, vearI lings excluded, good and choice, beef. S6O 1 7: cutter to medium. $4.5006.50; vealers. milk fed good and choice. $11013: raej dium. $9011: cull and common. $7.5009; | Stocker and feeder cattle: Steers. 500-1,050 j lbs., good and choice. $6.7508.50; common | and medium. ss® 7. Sheep—Receipts. 14.- | 000: generally 15®25c higher; better grade I lambs up most: strictly choice Colorados, $9.65: bucks range. $9.1009.40; feeders mostly $8.7509.50: bulk at $7.75®8.50: best feeding lambs held at $7.75; slaughter sheep and lambs: Lambs. 90 lbs. down, good and choice. 8.7509.65; medium. $7.50 ®8.75; all weights, common. [email protected]; ewes. 00-150 lbs., medium to choice. $2.75 ®4.50: all weights, cull and common. $2 @3.25; feeding lambs, 50-75 lbs., good and choice, $6.750,7.75. H i/ United Press ‘ CINCINNATI. Sept. 12.—Hogs—Receipts, 3.478: including 978 direct: lie'sldover. 330; steady, moderately active: better grade. 180-250 lbs.. $11.15 to mostly $11.25: 280310 lbs.. Quotable. $10.75@11; 130-150 lbs $9.75® 10: medium. 150-180 lbs.. $10010.73: sows. [email protected]: bulk. $8.25. Cattle—Receipts. 275: heldover. 740: calves. 225: better erade light steers and heifers strong to 25c higher: lower grades slow, steady, other classes mostly steady with low cutters and cutter strong: beter grade steers and heifers, $8.50® 10.50: lower grades. $5 @7: most beef cows. $4.5005.50: bulk low cutters and cutters. $2.50® 3.50: bulls. $4.50 @5.50: top. $6: vealers. active: late trade on better grades. 50c to $1 higher at sl2 @l3: lower grades, strong to 50c higher, mostly s7@ll. Sheep—Receipts. 800 lambs, slow: steady to weak: auaiitv in general not desirable: better grade lambs. $8.50® 9.50. mostly $9: meduim grades. $7 @7.75: common throwouts. $5.5006.50: fat ewes $2.50@4: culls, downward to sl. Bn Times Special LOUISVILLE. Sept. 12.—Hogs—Receipts. 800: market, steadv: 275 lbs. up. $10.35: 175-275 lbs.. $11: 130-175 lbs.. $9 20: 130 lbs.. $9.20: 1390 lbs. down. $7.40; roughs. $6.90: stags. $6.30. Cattle—Receipts. 200: market, slow steadv: prime heavv steers. $8.50010: heavv shipping sters. [email protected]: medium and plain steers. $5.50@7: fat heifers. $5.50® 10: good to choice cows. $1 @6: medium to good cows. $3.500 4: cutters. [email protected]: canners. $2®2.75: bulls. $3.50 @5: feeders. $5.50® 7; Stockers. s4®6 Calves—Receipts. 400: market, steadv: choice. $8 5010: medium to good. s6® 8: common to medium. S4O 5.50. Sheep—Receipts. 300: market, steady: ewes and wether lambs. $8: buck lambs. $7: seconds. $4 0 4.50: clipped sheep. $2.50 0 3.50. Thursday s shipments: Cattle, none: calves. 129: hogs. 176; sheep. 208. Bn United Press FT. WAYNE. Ind.. Sept. 12—Hogs— Market. 25c higher; 110 lbs. down. 43.35: 110-120 lbs. $8.60: 120-130 lbs., $9.10: 130140 lbs.. $9.35: 140-150 lbs.. $9.85; 150-160 lbs.. $10.35: 160-180 lbs.. $10.70: 180-200 lbs.. S10.85: 200-225 lbs.. $11: 225-250 lbs.. $10.85: 250-275 lbs.. $10.70: 270-300 lbs. $10.60; 300 lbs. up. $10.35: roughs. $8: stags. $6: calves. sl3; lambs. $8.50. Bn United Press TOLEDO. Sept. 12.—Hogs—Receipts. 200; market steadv to 25c lower; heavies. slo®' 10.50: medium. 510.75@11: Yorkers. s9®. 9.50: pigs. [email protected]. Cattle—Receipts. 200: market steady to strong. Calves—Receipts, light; market, strong. Sheep—Receipts, light- market steady. Bn United Press EAST ST. LOUIS. 111.. Sept. 12.—Hogs— Receipts. 6.500; market, unevenly steady to 10c higher: advance on light weights: Top, $11: most 180-210 lbs.. $10.90: 160-170 lbs.. $10.75® 10.90; pigs, active at strong prices; packing sows, steady at $8.2509. Cattle—Receipts. 700: calves, receipts, 500: market, vealers steady; top and bulk, good to choice kinds. $12.75: otner classes on a clean up basis: not enough sales worth mentioning. Sheep—Receipts. 800; market, active: mostly 25c higher than Thursday on fat lambs: culls and sheep, steady: throwouts and pigs. $8.75: bulk. $8.50® 8.75: throwouts, mostly $4.50; fat ewes. $304. Bn United Press PITTSBURGH. Sept. 12. Hogs Receipts. 2.000: holdovers. 750, market, steady to 10c lower: 160-260 lbs.. $11.25® 11. : 260-310 lbs., *11011.25: 100-130 lbs., 59.50® 10; packing sows. $8.50@9. Cattle— Receipts. 40: market, slow to about steady; calves, receipts. 150: market, steady to 50c higher: good and choice vealers. mostly *10.50013.50: common and medium. S6OIO. Sheep—Receipts. 800: market, slow, indications about steady; choice fat lambs held around $lO.

Chicago Stocks "" i3v James T. Ha mill St Co.*

—Sept 12TOTAL SALES, a:7.300 SHARES High. Low. Last. Amer Equities 14% 1* 14% Art Metal Works 10 Asso Telephone Util.... 24% 24 24% Auburn Automobile . . .129 123% 126 Bendix Aviation 33% 31% 32% Borg Warner 29% 29% 29* j Burnham Trading 6% Burnham Trading pfd.. 25% 25% 25% Butler Bros 10% 10 10% Castle AM 45 Cent Pub Serv class A.. 27 26% 27 Cent & So West 22% 22% 22% Chi Citv & Con Rvs pfd 11 % Chicago Corp 12% 11% 11% Chicago Corp pfd 42 5 , 42 42% Cities Service 29% 28% 29 Comonwealth Edison . 292 286 286% Construct Mate pfd ... 41 40% 40% Continental Chicago .. 14 13% 13% Conti Chicago pfd .... 46 Cord Corp 7% 7% 7% Corp Securities 22% 22% 22% Elec Household 45'.- 43% 43% Gen Theater Equip 35% 35 35% Great Lakes Aircraft... 5% 5% 5% Grigsby Grunow 13% 12% 12% Houdaflle Hershev "A". 18*s ... Moudallle Hershey ’B '. 9 8% 8% Ir.sull Util Invest 56 s , 55 s . 55% Ins Ut In pfd ex-warr 92 91 % 92 In Ut In pfd 2d Ser bonds 6 % 103 Kalamazoo Stove 55’ 4 55 55 Kellogg Switch com ... 6 5% 5% Libby McNeil 15 s 4 15% 15% Lion OH Refining Cos . 10 Majestic Household Util 50%• 43 44% Manhattan-Dearborn .. 30% 30*; 30% Marshall Field 41% 40% 41% Middle West Utilities.. 29% 28% 28% Midland United 25% 25 25* Midland United pld 45 43% 44% Midland United war.... I’, Mo-Kan Pipe Line.... 18% 17% 17% Modine 50 19% 50 National Securities Inv 13% National-Standard 32% 31% 32 Noblitt-Sparks Indu Inc 5! 50% 50% North American Car 38 North Am Light & Pwr 66 66 65 Parker Pen 32% 31% 31% Raytheon V T C 15 Seabd Utilities Shares s’. Swift & Cos 30% Swift Internacional ... 34 U S Radio & Tel 31 29 29% Utah Radio 7% 6 7 Utility & Ind 14 Utility & Ind pfd 23 % 23% 23 %

Indianapolis Stocks

—Sept. 12Bid. Ask. Amer Centra) Lite Ins 50..1.000 Belt R R & Yds Cos com 49 54 Belt R R & S Yds Cos pfd 53 Bobbbs-Merrill Cos 29% 33% Central Ind Power C of pfd. 90 93 Circle Tliea'er Cos com 106 Citizens Gas 27 Citizens Gas pfd 97 102 Commonwealth L Cos pfd 7%.. 97 102 Commonwealth L Cos of 8%. 99% .. Hook Drug Cos com (new) 22% 25'% Ind Hotel Cos Clavpool, com.. 12a Indiana Hotel Cos pref 100 Indiana Service Corp pref.. 84>% ... Indianapolis Gas Cos com 57 62 Indpls North Western •Indpls Power & Lt pfd 104 106 Indpls Pub Wey Loan As com. 53 Indpls St Ry Go pfd ......... 10 11 Indpls Water Cos pfd 101 104 Northern Ind Pub 6% co ofd.loo 102 Northern Ind Pub 7% co pfd. 102 104 Interstate Pub Ser.v 7% 102 104 Interstate Pub Serv 6% 90 93 Metro Loan Cos 99 Northern Ind P 5%s co pfd... 92% 94 Progress laundry Cos com. .. 44 47 E. Rauh & Sons Fer Cos pfd.. 47 Real Silk Hosiery M Inc pfd.. 95 Shareholders Investors C 0.... 23 Standard Oil of Ind 49% ... T H I & E pfd Terre Haute Trac L Cos pfd... 78 Union Title Cos common 45 Van Camp Prod Cos Ist pfd 96 Van Camp Prod Cos 2nd pfd.. .. 98 •Ex dividend. BONDS Belt R R & Stock Cos 5s 91 Broad Ripple 41 Central Indiana Gas Cos 55... 99% ... Central Ind Power Cos 6s 98% ... Citizens Gas Cos 5s 102 103 % Citizens Street Railroad ss. . . 42 Home I & T of Ft. Wayne 6s. 102 Ind Rv & Light Cos 5s 95 Indiana Service Corpn 5s ... 89 Indpls Power & Light Cos 55..100% 101 Indpls Col & Tree Cos 6s 97 Indpls Gas Cos 5s 100 102 Indpls & Mart Rapid T Cos 5s 12 17 Indpls Northwestern Cos ...... 9 Indpls Street Ry 4s 29 30 Indpls Trac Ter Cos 5s 79 Indpls Union R\ 6s 102 Indpls Water Cos 5%s 103% 103 Indpls Water Cos 5s ......... 99% Indpls Water Cos lie & ref ... 99 1 2 Indpls Water 4%s 95 96 Indpls Water W Sec Cos 55.... 87% ... Interstate Pub Serv Cos 4%s .. 91V, ... Interstate Pub Ser Cos 5s 98 Interstate Pub Serv 6%s 103 No Ind Pub Serv Cos 5s 103% No Ind Telephone Cos 6s 98% 100 T H Ind & East Trac Cos 55.. 70 72% T H Trac Light Cos 5s 85

Produce Markets

Eggs iCountry Run>—Loss off delivered in Indianapolis. 20c: henerv auaiitv No. 1. 29c: No. 2. 16c. Poultry ißuying Prlcsei—Hens, weighing 5 lbs. or over. 22c: under 5 lbs.. 18c; Leghorn hens. 14c: springers. 4 lbs. or over 21c or under 4 lbs.. 19c: Leghorn springers. 17c: old cocks. 9@loc; ducks, full feather, fat whites. 9c: geese. 6e. These prices are for No 1 too oualltv. ouoted bv Kingan & Cos. Butter (wholesale)— No. 1. 43@44c: No. 2. 41@42c. Butterfat—42. Cheese (wholesale selling price per pound)—American loaf. 31c; pimento loaf, 32c: Wisconsin firsts 27c: Longhorns. S4c: New York Limberger 36c. Bn United Press NEW YORK. Sept. 12.—Flour—Quiet and easy: spring patents. $4.9005.25. Park— Steady: mess. $32.50: lard, firm: middle w r est spot. $11.95012.05; tallow, steady: special to extra, s@s!ic. Potatoes—Firm; Long Island. $1.50 0 3.75 barrel: Jersey. [email protected] basket. Sweet potatoes—Steadv: Southern baskets. $101.75; Southern, ba:rels. S4O 4.50: Jersey, basket-. $2 0 2.50. Dressed poultry—Steadv to Arm: turkeys. 22045 c: chickens. 20®40c: fowls. 14030 c: ducks. 12015 c: ducks. Long Island. 160 19c. Live poultry—Steadv to firm: geese. 12@16c: ducks. 15025 c: fowls. 18@28c; turkeys. 300 40c: roosters. 15@16c- chickens. 22 0 28c. Cheese—Quiet and firm; state whole milk, fancy to special, 24@26c: voung America, 20@25c. Bn United Press CHICAGO. Sept. 12.—Eggs—Market, easv: receipts. 13.239 cases: extra firsts. 27c: firsts 26’bc: current receipts. 240; 24’ec: ordinaries. 18@22c: seconds. 12@18c. Butter—Market, steady; rsceipts, 8.841 tubs: extras. 38c: extra firsts. 37@37’ic; firsts, 350361 be: seconds. 33@34c: standards. 37*be. Poultry—Market, steady: receipts. 3 cars: fowls, general run. 23*bc: springers. 21*sc: Leghorns. 17c: ducks. 16 ® 20c: geese. 17c: turkeys. 18c: roosters. 15c: broilers. 22c. Cheese—Twins. 18® @ 18Vsc: young Americas. 19c. Potatoes—On track. 266: arrivals. 90: shipments. 1,073: market, slightly stronger: Mlnesota sacked Irish Cobblers. $2.3502.45: Minnesota sacked Early Ohios. $2.2502.45: Idaho sacked Russets. $3.0503.15: Wisconsin sacked Irish Cobblers. [email protected]: Colorado triumphs, best. $2.50: Nebraska sacked Irish Cobblers. $2.4002.60. Bn United Press CLEVELAND. Sept. 12—Butter—Extras. 37'-c; standards. 37’ac. Eggs—Extras. 33c; firsts. 26c. Poultry—Fowls. 25c: medium. 23c: Leghorn) smalls). 14®16c: heavy broilers. 200 23c: Leghorn broilers. 18® 21c: ducks, 10fi30c; old cocks. 14016 c: geese. 20c. Potatoes—Ohio cobblers. 70c per half bushel basket; Idaho. $3.40 per 100-lb. sack. Bn United Press CINCINNATI. Sept. 12.—Butter—Steadv: 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: butterfat. 38® 40c. Eggs—Weak: cases included: Extra firsts. 28’ac: firsts. 26c; seconds. 24c: nearby ungraded, 26c. Live poultry—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 24c: 4 lbs. and over. 22c 3 lbs. and over. 17c: Leghorns. 3 lbs. and over. 15c: roosters, 13c: colored fryers, over 3 lbs.. 20c: broilers, colored, over 2 lbs.. 20c: broilers, over I'a lbs.. 20c: l' lbs. and over. 20c: Leghorns and Orpington broilers, over I>2 lbs.. 19c; I*4 lbs. and over. 19c: broilers, partly feathered, 15@18c; black springers. 16c. Other Livestock Bn United Press CLEVELAND, Sept. 12.—Hogs—Receipts, 400: holdovers, 132; draggy, steady to 25c lower at sll downward: top paid for around 225-!b. weights; light lights and pigs, 59.50@10: steady. Cattle —Receipts. 250; steers of around $7.2508.60 value predominating; kinds $7.50 downward draggy; in spots 25c under Monday; others in fair demand, not under steady; cows slow. weak, spots easier; sausage bulls. *4.50 0 6 mostly: calves, receipts. 400; steady; good and choice vealers. $14(5.15 kinds in demand, but relatively scarce; bulk of run. slo® 11.50; common and medium mixtures: medium natives as high s sl3. Sheep—Receipts. 900; lambs, steady to easier; bulk, nearly good, around $9.50: quoting strictly choice as high as *10; sheep 25c or more over Thursday's quotations; fat ewes, [email protected] or above. B” T'nitrd Press EAST BUFFALO. N. Y.. Sept. 12.—Hoes —Receipts. 2.60; holdovers. 600: dependable action on all weights above 180 lbs., steady; lighter averages slow. 15@25c lower; du Ik. 180-250 lbs.. *11.50: 160-180 lbs., *[email protected]; 150-160 lbs.. *10.50011: 140 lbs. and down, *9.50010.25: packing sows, *9.1009.25. Cattle—Receipts. 350: rather slow: weak to 25c lower; common and medium heifers. *7.5008: fat cows. ss® 5.75: cutter grades. [email protected]: calves, receipts. 500: vealers. active; generally 50c higher: good to choice. [email protected]. Sheep —Receipts. 2.000: lamb market not fully lower: good natives. *9.50; choice firmly established; scattered sales. 25c or more held around $10: throwouts. $7. Building Permits F P. Templeton, dwelling and garage. 5457 North New Jersey. *8.500. R. Sullivan, dwelling and garage. 481618 East Tenth. *3.800 W B. Hauger. dwelling, 5309 North Capitol. $7,300. Mrs. a. Grasshoff, storeroom. 433 South Bluer. *750-

GRAIN FUTURES HIT NEW LUWS IN DULL TRADE Foreign Cables Weakness and Liquidations Are Main Factors. Bu United Prrms CHICAGO, Sept. 12.—Persistent selling throughout the session by houses with Canadian and foitign connections coupled with scattered liquidation sent all wheat deliveries to new lows for the season on the Board of Trade today. At the bottom December was below 86 cents per bushel. Winnipeg led the decline, falling lower than Chicago. The undertone was distinctly heavy and rallying power was absent. Buying on resting orders, against bids and against sales of corn checked the decline. Corn Turns Weak Corn turned weaker than wheat late, with the deferred deliveries striking new lows for the season, and closed sharply lower. Oats suffered heavy selling pressure with the other grains and was down. At the close wheat was ~i to 1% cents lower, corn was 1% to 2% cents lower and oats were 1 to l's cents lower. Provisions were rather weak. Continuing its early sharp decline, Liverpool closed 1% to 2% cents lower. No export business of any size was reported over night. The record Canadian movement has been in such volume that congestion is felt from the seaboard to the head of the lakes. Trading turned dull after the opening, but the market remained heavy most of the session. Cash prices were % to 1 cent lower. Receipts were 55 cars. Oats Are Down Corn showed more recuperative power, staging a modest rally from the opening break that had come in sympathy with the weakness in wheat. Buying against bids and scattered buying brought prices back to around 1 cent lower at mid-ses-sion. Country offerings were fairly heavy early, 12,000 bushels, but shipping sales were also good with 40,000 bushels destined. Oats weakened with wheat. The market was exceedingly dull throughout the morning awaiting an incentive either way. Cash prices were % to % cent lower. Receipts were forty-six cars. Chicago Grain Table —Scot. 12WHEAT— „ Prev. Open. Hieh. Low. Close, close. Sept.. .81% .81% .80% 81% .82 . Dec... .86*; .86% .85% .86% •<% Mar.. .90% .90% .89% .90 V, .90:, May.. .93% .93% .92% .93 .94 Sepuf N .94 3 4 94% .93% .93% .95% Dec... .89% .89% 88 .88% .90% Mar.. .90% .91% .89% .89% 92% May.. .93 .93% .91% .91*4 .94% Sept ATS ~3B .38 .37 .37% .38% Dec... .41% .42 .40% .41 % .42% Mar.. .44 .44 .42% .43% .44% May.. .45*; .45% .44', .44*2 .4*>% Sept., nominal . •55!*' -57,, Dec... .61 61 .60% 60% .61% Mar.. .65 65 64% .64% .65% May.. .68 .68 .67*2 .67% .68% SeTn. R rL45 11.45 11.40 11 42 11.50 OCt. 11.40 11.40 11.35 11.37 11A5 Dec.. 11.05 11.05 10.97 11.05 11.15 Jan.. 11.05 11 07 10.95 11.10 11.10 Feb .... 11.00 11.10 BELLIES- .... .... Sept fV- 53 1455 Bu Times Special CHICAGO. Sept. 12.—Carlots—Wheat. 34: corn. 166: oats. 69. Bu 7 ’imes Special CHICAGO. Sept. 12.—Primary receipts— Wheat, 2,389,000 against 1,565,000; corn. 480,000 against 593.000; oats. 464.000 against 483,000. Shipments—Wheat. 1,333,000 against 91,000; corn. 262.000 against 415,000; oats, 580,000 against 340,000. Bit United Press „ . , CHICAGO Sept. 12.—Cash grain close: Wheat—No. 2 red. 88%c: No. 1 hard, 85c; No 2 hard, 84%c. Corn—No. 2 mixed. 95%®96%c: No. 3 mixed, 95%c: No. 4 mixed, 95c; No. 5 mixed. 93%c; No. 1 yellow. 96%c: No. 2 yellow. 96®96%c; No. 3 yellow. 95' 4 ®96%c; No. 4 yellow. 95%c; No. 5 yellow. 94%c; No. 2 white. 99*'4® 99%c; No. 3 white. 98%c; sample grade. 92c. Oats —No. 2 white. 39*4®39 3 4 c; No. 3 white. 38*b® 38’iC, Ry*—No. 1. 66%® 64%c. Bariev. 52072 c. Timothy—s7o7.2s. Clover. sl6 023.50. Bu United Press , TOLEDO. 0., Sept. 12.—Gram close. Wheat—No. 2 red. 90091 c. Corn—No. 2 yellow. $1.0201.03. Oats—No. 2 yvhite. 42 ■o43c. Rve—No. 2. 79c. Barley—No. 2. 62c. Clover—Domestic, prime old $14.50: prime new. $15.25: prime choice new. $15.60; prime choice old. $14.80; October, $15.25. Prime choice new. $15.60: prime choice old $14.80: October. $15.25: December, $15.50: March. sl6; February, $15.75. Alsyke cash. sl3: October, $13.25; December. $13.50; March, sl4. Butter, fancy creamery, 42®43c. Eggs—Country run. 25028 c. Hay—Timothy. $1.60 cwt.

Local Wagon Wheat

Citv grain elevators are paving 77c for No. 1 red wheat and 75c for No 1 hard wheat.

In the Cotton Markets

ißv Thomson & McKinnon' NEW YORK. Sept. 12. Cotton was easier this morning. At, one time during the forenoon prices were 14 points under last night. New December contracts at 11.12. The news was decidedly bearish. Liverpool was lower. The exchange estimated August consumption 200,000 bales less than last year. Japan cables the present 25 per cent reduction in production will be increased to 33 per cent as of Oct. 1. Trading volume small. Mills bought at every point decline. South continues to hold receipts off the market. In the meanwhile, crop ideas show a tendency to increase. The market is not easy to gauge because of the artificial element due to the uncertain action of the farm board. The majority of professional traders feel that cotton will sell lower, but are doing little in the way of selling. They are waiting to see what will happen when the ginning increases. We see only a trading market at present. The price is attractive, but it is doubtful if the bearish factors are fully discounted. NEW ORLEANS High. Lo* Close. January 1 i .35 11.22 11.22 March .. ” 11.51 11.29 11.29 Mav 11.67 11.47 11.47 July n.84 n.04 11.04 October 11.09 10.88 10.83 J December 11.27 11.05 11.06 NEW YORK High. Lou- Close. January H’iS }}•!? }}■!? March 11.49 11.31 11.31 Mav 11.63 , 11.50 * 11.30 July '• J 11.84 11.66 11.66 October ' 1|.21 10.97 10.97 December 114- 11.13 11.13 CHICAGO High. Lou- CiOse January 11.45 11.21 11.27 March 11.60 11.40 11.40 Mav 11..6 11.60 11.a9 jily 11.16 11.02 11.02 October . 11.1? JLO2 11.02 December il.3a 11.16 11.17 New York Liberty Bonds —Sept. 12— 3 ij 101.1 Ist 4> 4 S l Treasury 4®s Jl2-20 3®S . 106.80 3 j as ol '47 102.40 31.S ®1 43 101.19

Dow-Jones Summary

Superheater Company declared regular quarterly dividend of 62*. - cents payable Oct. 15, record Oct. 4. Minneapolis Federal Reserve Bank reduces rediscount rate to 3% per cent from 4 per cent. Columbian Carbon Company authorized common increased to 2,000.00*1 share* from >OO.OOO. Pisces company in position lo expand for split stork when It is deemed advisable according to President Carr. Unite# Cigar Stores Company of America to advance prices of cigarets Monday to 13 cents a package or two packages for 25 cents $1.19 a carton and 30 cents for a tin of 50. Internationa! Telephone and Telegraph Company declared regular quarterly dividend of 50 cents, earned 52 cents on 6 580.599 shares in June quarter against 51 cents on 5.871,821 shares in preceding auarter and 72 cents on 5.018.278 shares in June 1929 auarter. In six months earned $1.04 a share against $1 56 in first half of 1929. Niles-Bemeut-Pond Company declared extra dividend of 25 cents on common, payable Sept. 30. record Sept. 20. Wheatsworth. Inc., declared extra dividend ol 25 cents and regular Quarterly of 25 cents on common, payable Oct. 1. record Sept. 20. Kaufmann Department. Stores. Inc . declared regular Quarterly dividend of 37 cents on common, payable Oct. 28. record Oct. 10. Brokers' loans increase $33,000,000 in week to $3,143,000,000; efderal reserve system ratio at 81.3 per cent against 80.8 per cent week ago and 73.7 per cent year ago. Production of copper by United States mines was 56.779 short tons in August against 54,249 in Julv and 78.885 In August. 1929. according to American bureau of metal statistics. Copper prouuction of smelters in North America was 81.560 tons in August against 81,126 in Jul> and 85,531 in June. New York federal reserve bank ratio at 85.2 per cent against 81.5 per cent previous week and 75.4 per cent previous year. No announcement of New York bank rate which remains at 2': per cent. Westinghouse Air Brake declared the usual quarterly dividend of 50 cents a share on the capital stock payable Oct. 31; record Sept. 30. Bessemer and Lake Erie Railroad Company declared the usual semi-annual dividend of 1% per cent on the common stock payable Oct. 1: record Sept. 15. Bank of United States declared regular quarterly dividend of 50 cents payable Oct. 1; record Sept. 18. Kavbee Stores Inc. declared regular Quarterly dividends of 43% cents on Class A payable Oct. 1: record Sept. 15 and 15 cents on common payable Oct. 15 record Oct. 1. Detroit Steel Products Company declared dividend of 35 cents payable Oct. 1; record Sept. 20. with payment of this dividend disbursements in 1930 will total $2 a share. Steel and Tubes Company declared regular quarterly dividend of $1.12'., on Class A payable Oct. 1: record Sept. 20. General Motors common and preferred stockholders in third quarter was 249.175 against 243.428 in preceding 240.483 in first quarter and 440,113 in third 1929 quarter. Factory employment in New York state decreased 1 per cent in August as compared with preceding month, according to State Industrial Commissioner Perkins. Employment index in New York Citv increased 1.6 per cent over July. New York public service commission approves New York Steam stock increase, but censures accounting theories. I. Fischman & Sons six months profit was $251,590 before federal taxes, against $401,271 in first half 1929. Arkansas Power and Light twelve months ended Julv 31. surplus after preferred dividends, but before depreciation $2,093,809 against 5t.893.128 In preceding twelve months. July profit $323,456 after taxes and charges, but before depre iation against $289,691 In July. 1929. Noblit-Sparks Industries. Inc., eight months net 53.74 a share against $4.29 a share in like 1929 period.

Robin Is *Dead ’ A. A. Milne to Write No More of Beloved Christopher.

Bn I nited Press LONDON, Sept. 13. —No matter how politely he tells Christopher Robin to stop hopping, A. A. Milne, famous playwright and the author of world famous verses for children, says he “can't possibly stop" poor little Christopher from going: “Hoppity. Hoppity. Hoppity. Hoppitv. Hop! But what he is going to do, he says, is "forever and ever" to stop writing poems and stories about him. The position as it affects millions of Milne readers all over the world is this: From now on Milne will write no more books for children. Instead he intends to devote his time to writing plays and novels. Why he has determined not to write any more stories about the little boy who, in Milne’s famous poem “Vespers,” thanks God for a “lovely day,” says “Bless Daddy” and then whimsically adds “God bless me,” was explained by the poet in an exclusive interview. “I believe,” he said, “that one can't go on forever doing books like these, and do them better and better each time. Well, one likes to hope that each book or play will bo better than the last, even if it Isn't, but in this case I know that I have done my best now, and that if I attempted to continue the series I would not do as well. Eesides, Christopher Robin, the real one I mean, my son, is now 9 years of age. He is at boarding school. “The time is not far distant v hen he will want to be known as •poor little Christopher’ of his father’s book 'When We Were Very Young,’ but as C. R. Milne, the author, the cricketer, or whatever it may be.” RAW SUGAR PRICES High. Low. Close. January \..... 1-23 118 1.23 March 1.32 1.26 1.00 M*v 140 1.37 140 .lulv 1.47 1.44 1.47 September 154 1.50 J.j3 December 1.21 1-16 120

Down Goes Prices on Guaranteed WATCH REPAIRING! Fancy Shape Watch Crystals.. 39c Hound High Lintell Watch Crystals >"•' 1 18c Genuine Main Springs . .89c Any Watch Cleaned 99c Any Jewel Replaced ...89c Stem and Crown 98c Balance Staff .$1.49 Plain or Radiolite Hands .. i.X' : . .25c WILSON JEWELRY CO. 11l North Illinois Nt. Main Floor Trartion Terminal BIU

.SEPT. 13, 1930*

STANDARD DIL • STATIONS WILL ADD TIRE LINE Distribution of New Product Will Be Started by Company Oct. 15. One thousand stations ol Standard Oil Company of Indiana in 550 towns and cities of the middle west. Oct. 15 will add automobile and truck tires to their merchandise, the company revealed today. Further distribution will be arranged as rapidly as possible to be carried on through the 8.200 controlled service stations and through garages, stations, and stores handling products of the company on a reseller basis. Guaranteed 12 Months Standard Oil of Indiana has outlets in virtually all cities and towns of Indiana. Michigan, Wisconsin, Illinois, Minnesota. lowa, Missouri. North and South Dakota, and Kansas. Tires will be guaranteed twelve months for passenger cars and six months for commercial vehicles, against breakdowns through accidents, blowouts, cuts, bruises, rim cuts, under-inflation, wheels out of alignment, faulty brakes, or any road hazard, and in event of a breakdown a tire will be repaired at a Standard Oil station free of cost or replaced at a price of one- , twelfth or one-sixth the original cost, multip ied by the number of months the damaged tire was in service. Repairs to Be Free Attendants at stations will be trained to service tires, and in event of trouble the customer may get service at the nearest station. This ! service will be available at all times when stations are open. Repairs within the life of the guarantee will be free. The company also expects to arrange with other oil companies for service on : tires purchased from Standard sta- ; tions or agents. Marriage Licenses Harold W. Sims. 24 of the Y. M C A . clerk, and Edna E. Evans, 21, of 3325 Ransdall clerk. Hugh M. O'Rear. 40 ot Washington, 17. I C . veterinarian, and Mabel M. Collins, 47. of 647 Park George Bingham. 66. of Greenfield, merchant. and Estella Johnson, 55. of Cumberland. William G. Newhouse. 64 of Lawrence : township, farmer, and Annie E Kittcrman. j 66. of Castleton. nurse | Clyde O. Oliver. 40. of 20 East Morris. | butcher and Mary E. Beckcrt, 40, of 1125 South Senate. Births Girls Edwin and Lovina Lackey. 1216 Dreier place. Russel! and Mildred Dobbins. 3624 West Sixteenth. George and June Sellers. Methodist hospital. Wavnc and Eva Badeglev. 1720 South i Randolph. Nicholas and Roe Salem!. 308 North East. John and Dorothy Haris. Methodist hospital. , Russell and Dorothy Willett, 5319 Uni--1 versitv. Bora tVilliam and Mary Siemental. 3140 sVest Thirty-second. Felton and Gean Shelbourne. Methodist hospital. Fred and Elsie Wdloughbv. 1332 South Sheffield. William and Julia Pepcs. 135 Cathervood. Deaths John R FTirguson. 85. Long hospital, arteriosclerosis. George D. Sisson. 53. Methodist hospital. I cerebral hemorrhage Donald E. Rippv. 6 mo, St. Vincent a hospital, scute eastro enteritis. Infant Doty. 1 day. Christian hospital. ! atelectasis. Richard Thomas. 11. Riley hospital, myocarditis. _ , . Jimmie E. Kirkman. 2. Methodist hospital. peritonitis. George Smith, 52. 221 Sneldon. acute gastro enteritis. ORGANIZES JUNIOR CLUB Group of Young Democrats Being Formed by Attorney. Gerritt M. Bates, attorney, is organizing a Junior Democratic Club, according to H. Nathan Swaim, county chairman. Members of the executive committee are: Clyde C. Kdrer, Walter Houpart. Russell J. Dean. Robert Cunningham. Charles Cavin. James A. Watson. Thomas O’Connor, Andrew Jacobs. Rex Poe. Ernest F. Frick. Joe Shotwell. Nish Dienhart and Charles E. Walker. STATE PROBING FIRE Oil Soaked Waste Reported Found at Washington House. Bu 7 imes Special WASHINGTON, Ind.. Sept. 12. Operatives of tlie state fire marshal’s office are investigating a fire which damaged a vacant house here, owned by Evart Beck. Authorities say that oil soaked waste was found at seven places where weatherboarding had been torn away. About five pounds of the inflammable material were found. Legal Notices BOARD OF ZONING APPEALS. NOTICE OF HEARING. Notice % hereby given that Charles M. Kuntz has filed with the Board of Zoning Appeals of the City of Indianapolis, a petition asking permission to vary the requirements of the Zoning Ordinance bv using the vacant lot at 4446 East 10th Street for expanding existing filling A Public Hearing will be held bv said Board in Room 104. City Hall. Tuesdav. Sept. 23. 1930. at 2:30 p. m.. at which time and place aU interested persons fiu be given opportunity to be hearo m reference to the matters set out in said Detltl °BOAßD OF ZONING APPEALS. GEO. T. O'CONNOR. Pres. H. B STEEP, Secretary-Engineer.