Indianapolis Times, Volume 42, Number 117, Indianapolis, Marion County, 24 September 1930 — Page 12
PAGE 12
WEAK FOREIGN CABLES CAUSE DROP IN GRAIN Last Minute Rally Carries Wheat Up 2 3-4 Cents From Low. Bu T'mtrri Press CHICAGO, Sept. 20— September wheat rallied 2% cents in the last few minutes of trading on the Board of Trade today to fully recover the early loss that had sent that delivery to the lowest, point since 1907 but a short half hour before the close. Shorts and eastern houses who had been heavy sellers early took the buying side and brought the market about. Corn sagged with wheat, but recovered, showing good strength. Oats followed the major grains. At the close wheat was lb cent lower to % cent higher, September leading; corn was lb to % cent higher and oats were unchanged to 14 cent lower. Provisioners were unevenly lower. Liverpool continued to show weakness and closed IV4 to 2 cents lower on a complication arising from heavy offerings of Russian and Canadian wheat. Trading was quite active at the opening, but lightened later. Cash prices were 1 to 2 cents lower. Receipts were 21 cars. Corn was off sharply at the start but followed the course of wheat and staged a good rally immediately after the opening. Prices at midsession showed good fractional gains. The moderate receipts were a factor. Sections of the belt received rains but they were regarded as detrimental inasmuch as they are hindering husking. Cash prices were unchanged to % cent lower. Receipts were 97 cars. Oats went to new lows on the crop at the start but recovered with the other grains. At mid-morning prices were steady, the market having a firm tone. Trade was rather quiet. Cash prices were V 2 to 1 cent lower. Receipts were 35 cars. Chicago Grain Table —Sept. 24 WHEAT— PrcvOpen. High. Low. Close, close. Sept.. .78 % .79% .76% .79' .(8% Dec... .82% .83', .80;% .83 .82% Mar.. .85'4 .86% .83% • • Mav.. 88',* .89 '2 .86’a .89 .BD'. Sept 85 -86 : 's .84% .85% .85% Dec.. . .81% .83 .80% .82% -82 Mat. .81% .83', .81', .83 , .82% Mav. 84 .85% .83', .Ba% .84-% Sept... .35% .35% .34% .35% .35% Dec... .37% .38% .38% .37% .38 Mar.. .39% .40% .38% .40.40 Mav.. .40% .41% .40 .41 .41% Beptfi .45% .47 .45% .47 .46% Dec... .48% .51% .48 4 .51 ■ Mar.. .54 .55% .53/ May.. .55% .58 .5a% .5i% .56., lenf R ?r3s 11 35 11.20 11.30 11.40 Oct 11 15 11.30 11.15 11.22 11.35 Dec 10.72 10.77 10.67 10.70 10.77 Jan.. 10.62 10.72 10.55 10-5. 10 7^ Mav'. :::: ::: 10 - 80 10 - 90 BELLIES— 14.00 14.12 K.? 1 ... 13.25 13.50 S*,V: :::: 1350 13.50 Sept. 24.—Carlots: Wheat 7; corn, 62, oats. 21; rye. 3. and barley, 10. Z?f/ United Pres ft CHICAGO, Sept. 24.—Cash grain close: Wheat—No sales reported. Corn—No. 2 mixed. 87%/88e: No. 4 mixed 87%c: No. 5 mixed. 86%c: No 1 yellow 87%89c. No 3 vellow, 88 % ® 88' 2C‘. No. 4 yellow. Bi%c. No. 6 yellow. 85c: No. 2 white. 91%4; 92c; No. 3 white. 90%@91%c; sample (trade 84c. Oats—No. 2 white. 35' a 36',c: No. 3 White. 35% ft 35%c: No. 4 white. 35c. Rye— None. aßrlev 494, 72c. Timothy—s7.2s®! 7.50. Clover —$16,504,24. B” United Press . , TOLEDO. Sept. 24.—Grain close: Wheat —No. 2 red. 87%ffi88%c. Corn—No. 2 yellow. 93%t?i 94%c. Oats—No. 2 white 39% ® 40%c Rye—No. 2. 71c. Barley—No 2. 61c Clover —Domestic, prime, old. s 15; prime, new. $15.50: prime, choice, new. $15.85: prime, choice, old. $15.30: October, j sls 50: December. $15.75: February. 516: March $16.25. Alsike—Cash. $13.50: October $13.75: December. sl4: March. $14.50. Butter—Fnncv rreamerv. 42@43c. Ems Country run. 26@28c. Hav —Timothy. sl.7a cwt.
Cash Grain
—Sent- 24 The bids for car lots of grain at the call Os the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were: , „„ „„ Wheat—Firm; No. 1 red. 77® 18: No. 2 red. 76® 77c; No. 2 hard. 75® 76c. Corn—Firm; No. 2 white. 87'-/88c: No. 3 white. 86 "87c; No. 2 yellow, 82® 83c; No 3 yellow. 81 "82c: No. 2 mixed. 79# 80c; No. 3 Oats-Firm: °No. 2 white. 32@33c: No. 3 white. 31® 32c. , . . . H*v if. o. b. country points taking 23%c or less rates to Cincinnati; or Louisvillei Steady; No 1 timothy. $16.50® 17: No. 2 timothy. sls® 16: No. 3 timothy. sl3# 14: No 1 light clover mixed. sl6® 16.50: No. 1 clover mixed. $16.50# 17: No. 1 clover hav. $17.5G@;18. —inspections— Wheat—No. 1 red. 2 cars. Total. 2 cars Corn—No. 1 white. 1 car; No. 2 white. 2 cars; No. 5 white. 1 car: No. 6 white. 1 car: sample white. 1 car: No. 1 yellow. 7 cars: No. 2 vellow. 8 cars; No. 3 vellow. 1 car- No. 4 yellow. 2 cars; No. 5 vellow. 1 car; No. 6 vellow. 1 car; sample yellow. 2 cars: sample mixed. 1 car. Total. 29 cars. Oats —No. 2 white. 11 cars; No. 4 white. 2 cars. Total. 13 cars. Barley—Special No. 2. 5 cars. Total. 5 cars.
Local Waqon Wheat
Citv Brain elevators are paving 74c for No. 1 red wheat and 71c for No. 1 hard wheat.
In the Cotton Markets
ißv Thomson & McKinnon) NEW YORK. Sept. 24.—Cotton was firmer during the morning, but eased again on hedge selling. The weekly weather report was rather favorable and crop ideas are incrasing a little. Weakness in grain and stocks was a factor in the setback. Trade buying continues in good volume on a scale down, but pressure, from the increasing movement of cotton will probably depress prices. NEW YORK COFFEE RANGE —Sept. 23High. Low. Close. March 6.22 6.15 6.15 July 5.91 5 80 5 80 September <5-80 6 70 6.73 December 6.65 6.50 6.50 Marriage Licenses Benno A. Altmann, 24. of Edgewood. mechanic. and Ruth E. Horning. 21. of 1124 Dudley. Omer C. Marshall. 27. of 505 East Tenth, laborer, and Edna G. Wise. 20. of 631 East New Yorx Robert M. Schmutte. 283. of 4718 Broadwav. clerk, and Mary C. Madden. 24. of 1436 North Alabama, stenographer. Robert S- Crawford. 27. of 408 East Fifty-first salesman, and Lavon B. Hilliaoss. 28. of 3630 North Meridian, clerk. Rov Ward. 24. of 768 Carlisle, printer, and Eleanor Donovan. 23. of 230 East Pratt, stenographer. Robert Newell. 23. of 1242 College, inspector. and Wanetla Schlossner. 23. cf 302 North Tacoma, clerk. Pedro Sabaltl. 34. of 1216 East Nineteenth. hatter, and Hazel E. M. Jackson. 31. of 1316 East Nineteenth, dressmaker Am 11 Settles. 27. of 2755 Columbia, clerk, and Virginia Ross. 26. of 2721 Sausster. clerk. John W. Well 60. of 460 East Washington. watchman, and Lucinda Lehman. 61. of 2001 Dexter. James V. Fox. 35, of 1714 Madison, optician. and Marie E. Schwegmau. 26. of 1245 Windsor. Prank E. Fisher. 23. Ft. Wayne, engineer. and Louise Troke. 23. of 511 East Eleventh, clerk. Building Permits T. E. Grinslade. dwelling and garage. 946 Leland. S2.SO. Patrick Kelly, garage. 238 North Richland. S2OO. Guy Miller, garage. 1643 Martlndalc. 1225. J. R Shark, garage. 1930 Boulevard < 1212, Union Trust Company, rerocf and general repairs. 1853-55 South East. $350.
New York Stocks 1 (Bv Thomson * McKinnon)
-Sept. 24- prev ; Railroad*— High. Low Close, close. Atchison 216% 213% 214 216% Atl Coast Line Igf, Balt ti Ohio •• ®2-4 I Chesa & Ohio.. 48% 46% 47% 47 ! Chesa Oorp .... 61 60 61 59- 2 ! Chi Grt West.... 9% 9 9 9 * Chi N West ... 64 61% 61% 64.a C R I & P.... 93 92% 93 93 Dei L & W... .114% 113% 114% 114 Del e& Hudson. I|l% 160% lg, 2 Great Northern. 76% 74% 74% 76 Illinois Central 112% 110 112 111 * Lou & Nash... .117;s 117 11 <% 117 , a MK & T 38% 36% 36% 38 Mo Pacific .... 62% 62 62 % 63 Mo Pacific pld. .. • ■■■ Iff,. N Y Central 160% 158 iSB 109 ♦ VirlcPi Pint#* .. .a. 33 you NY HH * H.'.'.'.10l 99% 100% 100 ■* Nor Pacific . .. 694s 69% 9% 70 Norfolk & West.. .. • 226 229 < Pennsylvania .. 72% 71/* <1 . 7?. -2 Reading 105 104 104 So Pacific 115% 113% 114% 114 , Southern Ry 83% 82 834s SA* It p a aui pf'd.::; |?% p: % Union & Padflc".'.2?6': 2 % 2$ 2 % w a M2rviand;;:: ”% il'l fX % West Pacific 11 8 Equipments— .. Am Car & Fdv.. ... 4o 45 Am Locomotive.. 39% 39 39 ... A m Steel Fd... 37 36 31 36% Am Air Brake S .. --a,, Gen Am Tank.. 84 31 8 82 a 83 , General Elec ... 68'a 65 66% 68 Gen Rv Signal.. 79 i7 and • N Y Air Brake.. ... 48.a Press Stl Car 6 * ?,* B < -aa, Pullman ....... 66 6o * 65 , 66^ Westlnzh Ar 8.. 39% 38a 38 a 3/e Westinzh Elec ..142% 134% 137 14U,s Rubbers — lal ~ Fisk su> . ne .,'?% i 5 Goodrich 22 21% 21Ja Goodyear ... 54 52% Kelly Sarzfid... 2% 2 a 2,a I^B Rubber.’.... i7% i5% -15% ... " Antler 113 . 104% 108% 112% Chrysler 26% 25% 25 * ", Gardner 2 2 2 < Graham Paige.. 5.2 o ’42% General Motors.. 43 40 , 41 2 42 a Hudson 28 , . 37.a 28 hupp 11 * iv 543. Mack 554* 53% 53,, a Marmon ■■ -a: 32 Nash 32 31 1 32 ?f e row-:: ■“ * . Studebaker .... 30' ■ 28% 29 30 Yellow Truck .. 19 V* 17 a I<,* Motor Access— , q 27% Am Bosch... ... 30 28 * 29 i Bendix Aviation. 29% 27 2 Bore Warner.... 26 25. 18% Eaton* 21% 20% 21% 22 El Storaze 8.. 63 61% 61.8 63 Hayes 80dy.... 6% 7,,“ 8 Houda i'* 4Q7? 105% 20V* K-r 1 :::. : % - 2iVt SSJffififfir. r . ii 8 io- 2 631 ‘ Minine— . ?7 2 7 27% Am Metals 2/ a 58% 62% Am Smelt 62 ? J ! 8 8 % Anaconda'Coo.': 42% 38% 39% % 14 S % Freeport 6 Tcx“' 44% 42% 43% 44% Dome Mines ... , ■ 'iq-i 19% Granby Con>-. 19%, 19?, Great Nor Ore... 20% 20* 2% |u.. Howe Sound ... 28 b -7^B Int Nickel 23% 21% 23 * Inspiration 13% 12 ,a 13 A Kennecott Cop.. 33% 31,a 31% 03/s Mazma. Cop ■ ■■, "U 2 .- Miami Copper .. 13% 13.* 13 * ' Nev Cons ... 13% 12% ** • ll 8 Texas Gul Sul.. 57 7 a 56 a 57 .7 U S Smelt 23 22 22.4 22 s JKrSjW-:::: ■; SS 88 ||‘ SSSSi”.::::::: S3 ■ Indian Refining. 11% 10% 10 a••• Mex Sbd 22% 204* 20% 20% Pan-Amer < B t.. 56% 56 56 s^. Phillips 30% 29% 29% 30% Pr Oil & Gas... .. ... 33 32.a Pure Oil 184a 18% 18% 18 * Richfield 15 14 14% 15 Royal Dutch ... 47% 47 47',2 46 a Shell Un 134* 12% 13 13% Simms Pt 19 17% 17% 19 Sinclair 19% 19V* 19 a 20 Skelly 26% 26 26% 26% Stand of Cal ... 58% 5i% Stand of N J... 66% 64% 65% 66% Stand of N Y... 30 29 J a 29 s 29 s Texas Cos 50% 50 50 50 ,2 Union Oil 37% 37% 374* 384* Steels— _ Am Roll Mills.. 48 3 4 45U 47 4J 3 a Bethlehem 86 83 83 3 4 85.-2 Byers AM 60 62 Vi 66 69 Colo Fuel 44'% 43 53 44% •true Steel - ®9 71/a inland 77% 76% (6 2 77 Ludlunt 31% 2d'4 21 21 ,4 Midland ...... 26% 26% 26% 28/* Repub I& S .. 304a 29 29% 30% U S Steel 163% 158'* 1614, 162% Vanadium 80% 66% 70 80,* Youngst S& W 384'a 374'2 37% 39 Tobaccos— Am Sumatra .. 11% 10 10 ... A mTob A new.l2o 117 }f7 117 . Am Tob B new. 121 117% 120% 120 Con Cigars 36 36 General Cigar.. 43% 43%. 43% 43% Llg & Myers B 98% 96% 97 98% Lorillard 20% 19% 19% 204* Phil Morris 11 . Reynolds Tob... 504* 50 50 50% Std Com Tob 4% ... Tob Pr B 3% 4 United Ciz .... 714 7 7 6 Utilities— Abitibi 20 ... Adams Exp 25% 244 z 24% 251* Am For Ptvr ... 63% 59 59% 63 Am Pwr & Li.. 77 74% 75'% 76% AT&T 211% 207% 299 211''a Col Gas & El. .. . 62% 59 59% 61% Com & Sou 13V, 12% 13 13 El Pwr & Li.. 68% 62% 65 68 Gen Gas A 8% 8% 8% 8% Inti T & T 39% 36% 37% 38% Natl Pwr & Li 44% 42% 43 44% No Amer Cos 101 964? 98% 100% Pac Gas & El.. 58% 56% 56% 58 Pub Ser N J ... 91 88% 88% 90 So Cal Edison.. 571* 56 56 57 Std Iff & El 97% 91% 94% 96% United Corp .. 31% 29% 31% 31 >4 Ut Pwr & L A . 35% 33% 34% 34% West Union . ..164 160% 163 159% Shinning— Am Inti Corp... 34% 32% 33% 34% Inti Mer M pfd 20-% 20% United Fruit ... 84% 824, 82% 83 Foods— Am Suz 50% 48 48 50''4 Armour A 4% 4% 43? 4% Cal Pkg 63% 62 K 62 Can Dry 62 61 61% 61% Childs Cos 50% 48% 48% 50% Coca Cola 184 180 180 181 Oont Baking A.. 28% 26% 26-% 28% Corn Prod 87% 86% 86% 884! Cudahv Pkg 42'!/ 43% Gen Foods 56% 54'? 54% 55% Grand Union... 14% 13% 13"? 14% Hersev ... 94% 95 Kroner 30% 28% 29% 304? Nat Biscuit 84% 80% 82% 83% Pillsburv 32% 32% 32', 32% Safeway St 70'i 65% 65% 68%
Produce Markets
Eggs (Country Run—Loss off delivered In Indianapolis. 20c; henerv Quality No. 1 25c; No. 2. 14c. Poultry (Buying Prices!—Hens, weighing 5 lbs. or over. 20c; under 5 lbs.. 14c; Leghorn hens. 14c; springers. 4 lbs. or over 22c or under 4 lbs.. 18c: Leghorn springers. 17c: old cocks. 9r<lloc: ducks, full feather, fat white. 11c: geese, Bc. These prices are for No. 1 top aualitv auoted bv Kingan <fc Cos. Butter (wholesalel—No. 1. 42 0 43c: No. 2 40 4? 41c. Butterfat—39c. Cheese (Wholesale selling Price pet poundi— American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 27c: Longhorns. 34c: New York Limbereer. 36c. Bn United Press NEW YORK. Sept. 24.—Flour—Dull and lower: spring patents. $4,804; 5.15. Pork— Dull: mess. $32.50. Lard—Weaker: middle west spot. 511.85571195. Tallow—Quiet; special to extra. 4 5 a4i5 1 4 c. Potatoes Quiet: Long Island. $1.35473.75 barrel: Maine. 52.75fu3.35 barrel: iersey. $1.25(3! 3.25 basket. Sweet potatoes—Quiet: southern baskets. 50c i $1.50; southern barrels. $2.50® 3; tersev basket. 65c®$2. Dressed poultry—Dull: turkevs, 224; 50c: chickens. 2057 39c: fowls. 134731 c: ducks. 125715 c: ducks. Long Island. 175729 c. Live poultrv —Dull: geese. 124716 c: ducks. 15 47 2 6c; fowls. 30c: turkevs. 251730 c: roosters. 1457 15c: chickens. 204733 c. Cheese—Quietstate whole milk, fancy to special. 2447 26c: young Americas. 20® 25c. [\u United Pres? CHICAGO. Sept. 24.—Eggs—Market steady, receipts. 3.567 cases; extra firsts. 24c: firsts. 23c: current receipts. 20(®20,c----ordinaries. 184719 c: seconds. 12517 c. But-ter-Market firm; receipts. 6.174 tubs: extras. 37' 2 c: extra firsts. 31c: firsts. 3347 34> 4 c: seconds. 31 it 32c; standards. 36’ 4 c. Poultrv—Market steady; receipts. 4 cars; fowls. 21’iC: springers. 21',ic: Leghorns. 15c: ducks. 154.’ 18c: geese. 15c: turkevs. 18c: roosters. 15c; broilers. 22c. Cheese— Twins. 181118'ac: voung Americas. 19c. Potatoes—On track. 307; arrivals. 70: shipments. 710: market steady to slightly stronger: Minnesota and North Dakota Red River Ohios. $1.750 2: Minnesota sacked Earlv Ohios. $1.7557 1.90: Idaho bliss triumphs. S2: Wisconsin sacked Irish cobblers. s2® 2.15. Colorado McClures. $2 572 05. Bu United Press CINCINNATI. Sept. 24.—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. 3.15 c: butterfat. 384:40c. JZzss— Steadv: cases, included: extra firsS. 28c: firsts. 26c: seconds. 22‘ac: nearby ungraded. 26c. Live poultrv—Thin and coarse stock sells only at heavy discount: fowls. 5 lbs. and over. 22c: 4 lbs. and over. 21c: 3 lbs. and over. 19c: Leghorns. 3 lbs. and over. 16c; roosters. 13c: colored frvers. ovet 3 lbs.. 20c; broilers, colored over 2 lbs.. 21c: broilers, over l'j lbs.. 23c: lt 4 lbs. and over. 23c: Leghorns anu Orpington broilers over l>j lbs.. 18c: I>* lbs. and over. 20c: broilers, partlv feathered. 154718 c; roasting chickens. 4 lbs. and over. 23c: black springers. 16c. Bu United Press CLEVELAND. Sept. 24.—Butter—Extras. 37>jc: extra firsts. 37c. Eggs—Extras. 28c; firsts. 22c. Poultry—Fowls. 25c: medium. 23c. Leghorn. 14 516 c: heavy broilers. 2047 22c: Leghorn broilers. 184521 c; ducks. 10® 20c; old cocks. 14® 16c: geese, 20c. Potatoes—Ohio Cobblers. 60-lb. sack $1.25: Maine Cobblers. 120-lb. sack. $2.30412.70; Idaho Russet. 100-lb. sack. $3.10.
Std Brands 19% 18% 19 19% Ward Bkg 8% 8 8 84* Drug*— Cotv Inc 17 18 16 15% Lambert Cos. 91% 89% 89 'A 90% Lehn & Fink.. 26% 28 26 26 Industrials— Am Radiator 25% 24 24% 25% Bush Term 35 34 35 35 Ccrtalnteed 6 % . 6 Gen Asphalt 39% 39 39 40 Otis Kiev 67 644i 66 65% Indus Cbems— Allied Chem .. .262% 252 255 259 Com Solv 24'# 23% 23% 24% Union Carb.... 74% 71 71% 74% U S Ind A1c0... 68% 67 67 66 Retail Stores— Assoc Dry Gds.. 35 1 2 33 33% Gimbel Bros . 10 7 *, 10% Kresze S S 304* 29 29 29% Mav D Store 42 Mont Ward .... 33% 31% 32% 33 Penny JC * 50 49% 49% 50 Schulte RerSt.. .. ?.. 714 7% Sears Roe 66% 62% 65 66 Woolworth 63% 60% 62'?! 62% Amusements— Bruns Balke 15% 15% Col Graph 16'% 14*% 15% 164i Crosley Radio.. .134* Eastman Kod . 208% 201% 205 207% Fox Film A 47% 45 46'1 47% Grigsby Grunow 8 74* 7% 7% Loews Inc 75% 72 73% 74% Param Fam .... 56% 53% 54% 56% Radio Corp .... 36'2 32% 33% 34% R-K-O 31% 29% 30'* 31 Schubert 14% 14% 14% 14% Warner Bros ... 28% 25% 26% 24'/* Miscellaneous— Airwav Apo . ... 14% 121* 129* 14% City Ice & Fu.. 384* 38 38 Congoluem 10% 10% 10% 10% Amer Can 126% 120% 123% 124% Cont Can 56% 54% 54% 56% Curtiss Wr .... 5% s'/* 5% 5% Gillette 5 R 65 614* 63% 65% Real Silk 46% 44% 44% 46% Ulen 21 21
Dow-Jones Summary
London—New York cables opened at 4.86 1-16 against 4.85 31-32. Paris checks 123.79. Amsterdam 12.055, Italy 92,795, Berlin 20.41. . Buffalo Roch and Pitts June 30. Quarter net income $59,489 after taxes and charges against $284,418 in June. 1929 auarter. Six months $117,046 against $526,276. Freight loadings In United States In week ended Sept. 13, totaled 965,713 cars an increase of 109,076 over preceding week which included labor day, but 16.2 per cent below like 1929 week and 13.1 per cent below like 1928 week. New York Curb Exchange seat sold at SIIO,OOO off $25,000 from previous sale. Crude oil production In United States for week ended Sept. 20. averaged 2.421.800 daily increase of 2.050 over preceding week, but 502.700 below 1929 week American Petroleum Institute reports. Gasoline stock declined 571.000 barrels to 37,260,000. President Sloan of General Motors at conference at Atlanta of executives of company said business has turned corner and now on slow-, but sure return to normal conditions. Reyburn of Lord and Taylor and director Powers Mercantile Company, Minneapolis. savs condition in country generally are bettering and this is particularly true of Minneapolis territory where stores' broke all September sales record to date. Abundant rains through Argentine Increase prospects for next harvest. Kincaid Mills in Georgia to be put on full time basis this week employing 600 on full'schedule of fifty-five hours a week. Brazilian raction Light & Power Company subsidiaries earnings for August 52,314.839 after expenses, but before depreciation and amort, against $2,447,s2l in August, 1929. Eight months. $18,727,153 against $18,647,514. Pennsylvania Salt Manufacturing Company in year ended June 30. earned $7.97 a share against $9.97 in preceding fiscal year. Lincoln Printing Company eight months net $2.27 a common share against $1.79 in like 1929 period. London Bar Silver 16 7 /ad, off 'ad: forward 16%d, off '/ed.; Gold Bars 85s '/id. off %and. United Railways and Electric of Baltimore eight months net 78 cents a share against 62 cents in like 1929 period. Flour prices again reduced 10 cents a barrel at Montreal to $6 a barrel for first patents. $5.40 a barrel for second patents and $5.10 a barrel for strong bakers. Los Angeles Gas and Electric Corporation twelve months ended Aug. 31. net income $4,725,780 after taxes, depreciation, interest against $5,968,346 in preceding twelve months. Kcichsbank has shipped 35,000,000 marks gold to Paris to increase holdings in French bills. Shipments on Monday also amounted to 35.000.000. Government of India approved proposal to extent moratorium on Bombay Exchange for three months, during which no speculative dealings will be permitted. E F. Creekmore. president of Cotton Stabilization Corporation, stated holdings of corpration of about 1.300.000 bales of cotton would not be dumped on market at present prices, but would be held until July 31. next year, unless market price reached purchase price. The cabinet of chancellor Heinrich Bruening In session for the first time since the Reichstag elections considered the financial program to be submitted to the new Reichstag convening Oct. 13. Argentine government arranged for loan of $30,000,000 for 12 months at per cent with New York bankers. New Haven Clock Company under arrangement with Westinghouse Electric Whereby two companies will shortly offer electric clock has booked orders for 150,000 clocks involving about $900,000 sales. American Ice August profit $1,008,717 after interest, but bgfore federal taxes and department, against $920,917 in August 1929. Eight months 54.113.061. against $4,123,987. Interborough Rapid Transit Company August defiicit $763,483 after taxes, interest and Manh Railway dividend against a deficit of 5280.146 in August, 1929. For two months defict $1,285,065 against deficit of $580,523. August cigarette production In United States declined 353.151.323 from a year ago to 10,578.074.956. Cigars declined 87,943.940 to 547,015,767. Smoking tobacco declined 3.013.461 pounds to 28,118.432 pounds and snuff Is off 86,542 pounds to 3.251.614 pounds. Public Service Corporation of New Jersey filed with Jersey Public Utility commission new tariffs reducing rates for large users of gas. William L McFetridge owner fifty shares i Celotex Company filed bill in superior i court in Chicago asking appointment of a receiver for Celotex on grounds of in- ! solvency. Similar suit filed at Wilmington last Mav was dismissed. Minneapolis & St. Louis Railroad August gross $1,304,187 and net after expenses $355,466. Market Street Railway August profit $72,923 after chargrs. but before and federal taxes against $87,384 in August. 1929. twelve months $805,960 against $697,813. New York Curb Market —SeDt. 24 11:30 11:-30 Am Com Pwr.. 19 Mo Kan Pipe... 18 Am Lt & Tr... 60 Nat Inv 11% Ark Gas 8% Nia Hud Pv;r.. 15% ! Avia of Am... 35 iPenrocd 10% ! Can Marc 3% Salt Creek 10 rule* Serv 27% Shenandoah ... 9% Elec Bond Sh.. 7%>Std of Ind *B% FneH* of Eng... 18%: Std of Kv 29 % Goldm Sachs... 17% 77 n Gas (new). 15 Hudson Bav.. 7 !Un It & Pwr... 37% Ind Pipe 31% Tin Verde 9% Ind Terr A. .. 28% TJt In Ind 12% Int Pete Pwr 17% Lion Oil 18 I Vacuum Oil 76%
Net Changes
Bu United Press NEW YORK. Sept. 23.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. American Can 124 7 a 4* Amer & Foreign Pwr 63 l l 2 ... American Telephone 211‘s 3 ! a .. Anaconda 42 5 s ... L Bethlehem Steel 85' i 1 7 ... Bvers 69 3*B ... Case. J. I. 160 3 ... Consolidated Gas 106'j 2 A s Electric Power . 68 2 3 ... Ger.eral Electric 68 1 General Motors 42'i 7 ... Houston Oil 68 7 2 5 a ... International Nickel 23‘b 3 a ... Locw's. Inc 74'* 214 ... Montg. Ward (unchanged; .33 North American 100‘a 1 3 .. Public Service (unchanged) 91 Public Service 91 I’i ... Radio 35 3 < l l s ... Radio-Keith .-311* ... Sinclair (unchawred) 20 Standard Oil. New Jersey.. 66’ \ ... Transamerica 22 ... United Corporation 31 1 * 5 s ... United States Steel IS2' 2 s * ... Vanadium 80 l s 2"4 ... Warner Brothers Pictures.. 27 U i.. Wcsiutghouse Electric ..... 140*4 2*4 ...
THE INDIANAPOLIS TIMES
SWINE MARKET MOVES LOWER AT CITYYARDS Asking Is Higher in Cattle Trade; Vealers Are Unchanged. Sept. Bulk. Top. F.ecelpts 16. $10.45®10.75 $10.85 6.000 17. 10.60® 10.90 iI.OO 4.000 18. 10.505T0.90 10.90 5.500 19. J 0.40510.80 10.90 6.000 20. 10.30& 10.80 10.90 2.000 22. 10.30® 10.70 10.75 5.000 23. 10.2t—10.70 10.85 5.500 24. 10.004t10.60 10.75 5,000 The continuous downturn in hogs, apparent for the last few days at the city yards, halted slightly this morning, prices for the most part holding steady to 10 cents lower than Tuesday’s average. The bulk, 160 to 300 pounds, sold for $lO to $10.60. Top price paid was $10.75. Receipts for the day were estimated at 5,000; holdovers were 156. The asking tendency was higher in steer trade, with she stock little changed. Cattle receipts were 1,100. Vealers were steady at sl2 down. Calf receipts numbered 450. * Sheep were strong to 25 cents higher; receipts, 900. Better grade lambs sold mostly at $7.50 to $8.50. Ewes made the market at $8.75. Chicago hog receipts were'lß,ooo, including 5,000 direct. Holdovers were 7,00d. The market was slow, with a few early bids steady to 15 cents to 25 cents lower than Tuesday’s average, or around steady with Tuesday’s close on sales below 210pound weights. A few sales of strictly sorted butchers of 240 pounds and up were around 10 cents lower; 240 to 260-pound weights $10.40 to $10.60; 200 to 210-pounders, $lO. Cattle receipts were 9,500; calves, 2,800; the market weak. Sheep receipts, 23,000, weak. Hogs Receipts, 5,000; market, lower. —Light Lights—-(l4o-160) Good and choice ..$ 9.50® 9.75 —Light Weights—-(l6o-180) Good and choice... 10.00 (160-200) Good and choice 10.10®10.20 —Medium Weights—-(2oo-220) Good and choice... 10.30® 10.40 (220-500) Good and choice... [email protected] —Heavy Weights—-(2so-350) Good and choice... [email protected] (290-350) Good and choice... [email protected] —PackingSows—-(27s-500) Medium and g00d... B.oo® 9.25 (100-130) Good and choice ... 8.50@ 9.00 CATTLE (Slaughter Clascal Receipts, 1,100; market, steady. —Steers—-(6oo-1,100) . „„ Good and choice $10.50®13.00 Common and medium 6.00®10.50 (1.100-1,500) Good and choice [email protected] Medium 7.00® 10.25 —Heifers — (550-850) . „ Good and choice 9.50®12.00 Common and medium 5.50® 9.50 Good and choice 5.50® 7.25 Common and medium 4.00® 5.50 Low cutters and cutters 2.50® 4.00 —Bulls (yearlings excluded) Good and choice beef 5.50® 7.00 Cutter, common'and medium.. 3.75® 5.50 CALVES AND VEALERS Receipts, 450; market, steady. Good and choice [email protected] Medium [email protected] Cull and comon 5.50® 8.50 —Calves—-(2so-300) Good and choice 7.50®10.00 Common and medium 5.00® 7.50 STOCKER AND FEEDER STEERS 1500-600) Good and choice 5.50® 7.50 Common and medium 3.75® 5.50 (800-1.050) Good anand Common and medium 3.50® 5.50 SHEEP AND LAMBS Receipts, 900; market, higher. Good and choice $ 7.50® 8.75 Common and medium 4.00® 7.50 —Ewes— Medium and choice 3.00® 4.50 Cull and common 1.50® 3.0 p Other Livestock Bu United Press CHICAGO. Sent. 24.—Hogs—Receipts. 18,000. Including 5.000 direct: mostly 15® 25c lower than Tuesday’s average; heavier weights 10# 15c lower; top. $10.60: bulk. 230-300-lb. weights. $10.35® 10.50: 170-220-Ib. weights. [email protected]; packing sows, $7.50# 8.25; few to $9; light lights. 140-160 lbs., good and choice. $8.75®,9.65: light weights. 160-200 lbs., good and choice, $9.35 @10.10: medium weights 200-250 lbs., good and choice. $9.85® 10.06: heavy weights. 250-350 lbs., good and choice. $9.85® 10.60: packing .sows. 275-500 lbs., medium and good, $7.25@9; slaughter pigs. 100-130 lbs., good and choice. sß® 9. Cattle —Receipts, 9,500; calves. 2.800; fed steers and yearlings selling fairly active at fully steady prices: shippers in market for all representative weights: sl3 paid for long yearlings; best heavies, $12.50: not much shestock here, mostly steady; slaughter cattle and vealers. steers. 600-900 lbs., good and choice. $11@13; 900-1.100 lbs., good and choice, $10.75# 13: 1.100-1.300 lbs., good and choice, slo® 12.50: 1.300-1.500 lbs., good and choice. $9.75® 12.50; 600-1,300 lbs., common and medium. $6.25®.10; heifers. 550-850 lbs., good and choice. 510®12.50: common and medium. s6@lo; cows, good and choice, $5(0.7.75; common and medium. s4@s; low cutter and cutter cows. s3@4: bulls, yearlings excluded, good and choice, beef. $5.75® 6.75; cutter to medium. 54.10 @5.75; vealers. milk fed. good and choice. [email protected]: medium. [email protected]: cull and comon. $7.50®9: Stocker and feeder cattle. steers, 500-1,050 lbs., good and choice. $7.25®.9; common and medium. [email protected]. Sheep—Receipts. 23.000; very slow, unevenly weak to 25c lower; few closely sorted native lambs. $8.25; bulk better kinds. 57.25@8: throwouts mostly $5.50® 6: bidding 25c lower on rangers: few desirable heavy weight ewes, $3.50® 3.75; feeders weak: bulk better kinds. $6.50@;7: slaughter sheep and lambs. 90 lbs. down, good and choice. [email protected]: medium. s6® 7.25: ail weights, common. 54.50@6: ewes. 90-150 lbs., medium to choice. $2.50®4; all weights, cull and common. $1.25® 2.75; feeding lambs, 50-75 lbs., good and choice, $6.50&7.25. . Bu United Press FT. WAYNE. Ind.., Sept. 34. Hogs Market steady to 25c lower; 110 lbs. down, $8; 110-120 lbs.. 58.25: 120-130 lbs.. $8.50: 130140 lbs.. $8.75; 140-150 lbs.. $9: 150-160 lbs.. $9.25; 160-180 lbs.. $9.60: 180-200 lbs . $9.75: 200-225 lbs.. $10: 225-250 lbs.. $10.10; 250-300 lbs.. $10.25: 300-350 lbs.. 10: roughs. $7.75: stags. $6; calves, sl2; lambs, $7.50. Bu United Press EAST BUFFALO. N. Y„ Sent. 24.—Hogs —Receipts. 900: holdovers. L 400: slow; shippers inactive: generally 10@25c lower; bulk. 180-200 ibs.. $10.50® 10.60: few, $10.65: 140-160 lbs.. slo® 10.25: weights below 140 lbs.. $9.75® 10; packing sows. $8®8.50. Cattle—Receipts. 100: steady to 25c lower: pasture fed steers. $8.25: common heifers. $6.50: cutter cows. $2.75@4. Calves—Receipts. 75: vealers. unchanged. sl4 down. Sheep—Receipts. 400: lambs, steady: good to choice. $9.25(39.50: medium and inJietween grades, $7.50®7.75; throwouts. SB.
Bu United, Press CINCINNATI, Sept. 24.—Hogs—Receipts, 1.500; heldover. 380: slow, better grade. 200-250 lbs. mostly 15c lower: bulk. $10.50: one outstanding load 275 lbs., also at that price: lights and underweights very draggv. mostly 25c lower; some 160-180 lbs.. $9.504710: 130-150 lbs.. $957 9.25: sows, steadv in spots. 25c lower; bulk. $8,254; 8.50. Cattle—Receipts. 400: calves. 350: slow. Indifferent trade on steers and heifers: odd lots around steady: lower grades. ss® 5.75: sprinkling of yearlings upward to $10.25: most beef cows, $4./5415.75; low cutters and cutter. s3® 4: most bulk's. $5.50 down: vealers, erratic. $152.5(1 higher: good and choice kinds. $12.5947 14: lower grades. $747 11.50. Sheep—Receipts. 800: steadv: better grade lambs. $947 9.50: medium and buck lambs. s7@> 7.50: common throw outs downward to $6: fat ewes. $2.50@4. Bu United Press EAST ST. LOUIS. 111.. Sept. 24.—Hogs— Receipts. 10.500: market, slow 15 0 25c lower than Tuesday’s average: small lots. 225235 lbs. up to $10.25: most 140-170 lbs.. $9.2547 9.85: 100-130 lbs.. $8.25479: sows. $7.7508. Cattle—Receipts. 4.000. Calves— Receipts. 1.500: market, good light weight steers, strong: weightier kinds, slow; western steers. 25c higher. $6.2507.35: some unsold: low priced bulls steadv: heavies not moving; vealers. 25c higher at $12.25; other classes steady. Sheep—Receipts. 2.090; market, no earlv sales; packers bidding 25c lower on lambs or ground $7.50 for desirable kinds: indications steadv on sheep. Bu United Press • CLEVELAND. Sept. 24.—Hogs—Receipts. 1.700: holdover. 52; steadv to 25c lower; mostly 25c down on light weights, bulk. 180-210 lbs.. $10.50; 160-180 lbs.. $10.25 downward; $10.75 Quoted on 210-250-lb. sorts: light lights and pigs. $9.50010. Cattle—Receipts, 400: common steers, slow, weak: snots. 25c lower around $7®7.85; low cutter and cutter cows to 50c higher around $3474.50: other cows firm, upward to $5 and above on common to medium kinds. Calves—Receipts. 500: vealers. weak to mostly 50c lower: Uttle above $13.50®14. basis on moderately sorted offerings: common to medium kinds around $lOOl2 and culls downward to $8 very dull and ’ catchy." Sheep—Receipts. 1.300; steady, around $909.25 on better grade iambs! few. $9.50; common and medium throwouts. $5.50477 50 culls dowwnard to $3: fat ewes Quoted. s3® 4.50.
BELIEVE ITORNOT
CONTAINING CORRECT ANSWERS To k"BE.UE'/E IT ortlOT u CONTEST I WERt RECEIVED By THE SEATTLE Rl, * - < W/f flmjl REPRESENTS J wmum 154,580 AIR MIL ES COVERED IN 92,750 MMUTIS i Nothing has ever been collected comma® FgOM SO FAR SO FAST Owned, by Nrs-G Duhl&p.Gnwvl JcT Ctl. • r* few* tinm s**4*W ►**. <•*> tljtitt .tKrvra t
Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Tuesday’s Times: Gene Rye Hit Three Homers in One Inning—“ Half Pint” Gene Rye plays the outfield for the Waco Texas League team. On On Aug. 7, 1930, during a scheduled night game with the Beau-
CROP INCOME SHOWSjDECLINE Livestock Increases Over F'revious Year. Bu United Press WASHINGTON. Sept. 24.—Farmers last year received $110,000,000 more for their crops and farm products than in 1928, according to agriculture department’s estimates, which today placed gross income from farm production in 1929 at $11,851,000,000. Crop income, which was estimated at $5,603,000,000, declined $73,000,000, as compared with the year previous, but the $6,249,000,000 gross income from livestock and livestock products, showed a $183,000,000 increase. Income, per farm family, was estimated at SBB2, the highest return since 1921.
Indianapolis Stocks
—Sept. 24 Bid. Ask. Amer Central Lite Ins So.. 1.000 •Belt RRA Ydrs Cos com ... 50 55 •Belt R R & S Yds Cos pfd... 52% ... Bobbs-Merrill Cos 29 33% Central Ind Power C of pfd... 89 93 •Circle Theater Cos com 106 Citizens Gas 27 ... Citizens Gas pfd -•••• J - Commonwealth L Cos pfd 7%.. 97 102 Commonwealth L Cos pf 8(t..l00 Hook Drug Cos com (new) 22 Ind Hotel Cos Clavpool com.. 125 Indiana Hotel Cos pref 100 Indiana service Corp pref.. 84% -< Indiafiapolis Gas Cos c0m.... 57% 6212 Indpls North Western •Indpls Power & Lt pfd ...106% 107% Indpls Pub Wey Loan As conj. 53 ... Indpls St Ry Cos pfd 9 10% Indpls Water Cos pfd 100 103 Northern Ind Pub 6 % co pfd.lol 102% Northern Ind Pub 7% co pfd.loß Northern Ind Pub 7% co pfd.loß'' 1 * Interstate Pub Serv 7% 102% 104% Metro Loan Cos 99 •• Northern Ind P 5%s co pfd.. 93 94% •Progress Laundry Cos c0m.... 43% 47% E. Rauh & Sons Fer Cos Dfd.. 47 Real Silk Hosiery M Inc pxd.. 95 Shareholders Investors C 0.... -3 Standard Oil of Ind 48% ... T H I & E Pfd .. Terre Haute Trac L Cos pfd.. 79 Union Title Cos com 26 . . Van Camp Prod Cos Ist pfd.... .. 96 Van Camp Prod Cos 2nd Dfd.. .. 98 •Ex dividend. BONDS Belt R R & Stock Cos 5s 91 Broad Ripple 41 Central Indiana Gas Cos 69... 99% ... Centra) Ind Power Cos 6s 98% ... Citizens Gas Cos 5s 102 Citizens Street Railroad 55... 42 45 Home I & T of Ft. Wavne 6s. 102 Ind Rv & Light Cos 55.... 95 Indiana Service Corpn 55.... 89 Indpls Power & Light Cos 55..101 *O2 Indpls Col & Trac Cos 6s 97 97 Indpls Gas Cos 5s 100 ... Indpls & Mart Rapid T Co’s 12 17 Indpls Northwestern Cos 12 ... •Indpls Street Ry 4s 29 30 Indpls Trac Ter Cos 5s (8 83 Indpls Union Ry 6s. 102 Indpls Water Cos 5%s 103% Indpls Water Cos 5s 99% ... Indpls Water Cos lie & ref ... 99% ... Indpl? Water 4%s • • ®2 Indpls Water W Sec Cos 5s .. 92 Interstate Pub Serv Cos 4%s .. 91% ... 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% *OO T H Ind & East Trac Cos ss. . 70 T H Trac Light Cos 5s 85 —Sales—--5 Shares Indpls Street Ry 4s. at 29 10 Shares Indpls P & L. at ....10. 6% 10 Shares Interstate Pub Serv 7(4. at 102
Other Livestock Bu United Press PITTSBURGH. Sept. ' 24.—Hoes—Receipts. 1.200; holdovers. 300: market, fairly slow to 50c dow’n; 180-240 lbs. $10.4047 10.50: little else done. Cattle—Receipts, none: market, nominal. Calves—Receipts. 150: market, about steadv: choice vealers. $12®13: medium and good. $847,11.50. Sheep—Receipts. 800: market, slow; bid steady on fat lambs or $9 down for choice grades. B.u Times Special LOUISVILLE. Sept. 24.—Hogs—Receipts. 500; market, steadv to 15c lower: 300 lbs. up. $9.60: 200-300 lbs.. $10.35; 175-200 lbs.. $.9.85: 130-175 lbs.. $8.65: 130 lbs. down. $6.80’ 4 roughs. $7.35; stags. $6.35. CattleReceipts. 200: market, steadv: prime heavy steers. $8.500 10; heavy shipping steers. $7(5 8.50: medium and plain steers. $5.50®. 7: fat hefiers. $5.5047 10: good to choice cows. $4 0 5.50: medium to good cows, S3 25 47 4: cutters. S3O 3.25: canners s2® 2.75; bulls. 5455.50; feeders. $607.50: stockers. $4 0 6.50. Calves—Receipts. 200: market, steadv: choice. SBO 9.50: medium to good. [email protected]: common to medium. s4®s. Sheen—Receipts. 200: market, steady: choice kinds auotable higher: ewe and wether lambs. $7.50: buck lambs. 56.50; seconds. $4®4.50; clipped sheep. $2.5047) 3.50.% Tuesday's shipments—Cattle. S3O: calves. 76; hogs .none: sheep. 53. * —— B United Press TOLEDO. Sept. 24 —Hogs Receipts. 350: market. 25040 c lower; heavies. $9.75 €10.25: mediums. $10010.25: Yorkers. S9O 9 50; Pigs S9O 9.25. Cattle—Receipts, light; market, steadv. Calves—Receipts, light: market, steady. Sheep—Receipts, light: market, steady.
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
mont club, Rye hit three home runs in the eighth inning. The final score was 20-7, the Waco club making eighteen runs in the eighth inning, eight of which were accounted for by Rye’s spectacular performance. The Silverfish Is an Insect— The silverfish or “slicker,” does
HOW TO PLAY
How to start a game of backgammon is told in the following article, the second in a series on "Today’s Backgammon,” which is being written for The Times and NEA Service by Elizabeth Clark Boydcn. She is the author of “The New Backgammon,” and coauthor of "Contract Bridge for 1930” and "Contract Bridge for 1931.” BY ELIZABETH CLARK BOYDEN Written for NEA Service npHE regulation backgammon, as popularly played in this country today, starts with the checkers or men placed upon the board in a prescribed fashion, as in the accompanying illustration. (Note: For convenience the player using the white checkers is referred to as White, and the player using the black checkers is referred to as Black.) Each player has an inner or home table and also an outer tab’e on his own side of the board. The inner or home tables may be set up on the right or left side of the bar. In fact, if it is one player’s right, it must of necessity be on the opposite player’s left. Players should accustom themselves to play in either position. Black Opposite White In learning to place the men prior to play, certain definite pictures may be of help. Notice that the two piayers’ inner or home tables are (and must ht> opposite <? —WHIFF MOVES THIS WAY. BLACK MOVES THIS WAY-* Black's Outer Black’s Inner
Table Table t, O i u a • • • * •••••I White's Outer White’s Inner Table Table <—BLACK MOVES THIS WAY. WHITE MOVES THIS WAY
each other and on the same side of the bar. Notice that each player has men in every table, but on only one point in each table. Notice that each player has two men on the outside edge of the opponent’s inner or home table, and five men on the ouside edge of his opponent’s outer table. Each player has five of his own men in his own inner or home table on the point next to the bar, and three men in his outer table one point away from the bar. There always are the same number of black and white men directly opposite each other. The player throwing the high dice at the commencement of the game can choose the black or the white men, and whether, he wishes to set the board with his home table on his right or on his left. Throw Determines Move The object of the game is to move the checkers around the board according to the throw of the dice, and then off the board entirely. The men are moved in a definite path from the opponent’s inner table into the opponent’s outer table and from there to the player s own outer table and finally into his own inner table. Those men already part way around have only the remaining distance to travel. When all of a
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not belong to the finny tribe, but is a small, wingless, agile insect that often causes serious damage to books, clothing, etc., while attempting to reach the starch or glue in them. See: Department of agriculture bulletin 902. Thursday: Cy Young’s Record.
player’s men are in his inner or home table he commences bearing them off the beard, still according to the throw of the dice. The player who first bears all his men from the board wins. The players move in opposite directions, thus meeting as they travel around the board to their home tables. At the start of the game each player throws one dice in his right hand table. When opponents throw the same number, they must rethrow. High wins and for his first play uses the number on his own dice and on his opponent’s. He can play one man for one number and another man for the other number, or he can play one man for both numbers. In moving' the men start counting from the point next to the one on which the man is resting, so that with an even number the man is moved to a point of the same color, and with an odd number the man is moved to a point of a contrasting color. When moving one man for both numbers the move must be made in two separate plays so that the man can rest on a point corresponding to one of the two numbers thrown before playing the second. „ The beginner is inclined to add both numbers and make the whole play in one move. The objection to this will be explained in the next article. Births Girls Robert and Miriam Benson, 4624 Hinesley. Joseph and Victoria Krug. St. Vincent's hospital. Earl and Gladys Smith. St. Vincent's Hospital. Earl and Thelma Blessing:. St. Vincent’s hospital. John and Nora Breen. St. Vincent’s hosDital. Robert and Dorothy Worth. St. Vincent’s hospital. Wilbur and Lensee Smith. 1626 East Nineteenth. William and Emma Beach. 2249 Capitol Lawrence and Faye Steele. Methodist hospital. Raymond and Therest Myers, Methodist hospital. George and Lucille Stafford. Methodist hospital. Herbert and Martha Owens. Methodist hospital. Ralph and Elaine Turner, Methodist hospital. Lawrence and Juanita Lahr, Methdolst hospital. Bovs Albert and Nita Weber. St. Vincent hospital. * Thomas and Loretta Brady. St. Vincent’s hospital. Joseph and Prances Dugan. St. Vincent’s hospital. hospttal and Mabel Kestler - st - Vincent’s Twenty r -*hfth ntl ViUlls Rlcc ' 3104 East pjHollie and' Stella Dame. Methodist hospifaf dC Snd RUth WilHam ' Me ‘hodist hosJoseph and Ohve Shepard. Methodist hospital. George and Mabel Sulgrove. Methodist hospital. John and Catherine Emison. Methodist hospi ta 1. Leonard and Lucy’ Grisson. Methodist hospital. Deaths ? Fred Whitman Weeks. 59. St. Vincent’s hospital, chronic mvocaiditis. Mary Pauline McCormick. 5 mo.. 912 Greer, gastro enteritis. Elsie Irene Montgomery. 33. Methodist hospital, general peritonitis. Martha A. More. 76. 269 North Tremont. cardio vascular renal disease. James W. Beard, 57. 5302 Lawrence, uremia. Marv E. Phelan. 70. St. Vincent's hospital. hypostatic pneumonia. Rov Lee Scott. 5 mo., city hospital, acute gastro enteritis. Carl Bartholomew. 2 mo., city hospital, acute gastro enteritis. John W. Hodges. 59. Methodist hospital, aortitis. Emma Macv. 62. 6520 Ferguson, cereoral embolus. Frank M. Laing. 28. 2815 Walker, pulmonary tuberculosis. ; Jeannete West Thomas. 39. 611! a West 1 Eleventh, carcinoma. Opal Marie Price. 28. 3714 West Michigan. carcinoma. Karl B. Fitchev. 40. St. Vincent’s hospital. peritonitis. Ada M. Richardson. 19. city hospital. tubercuiocus meningitis.
'.S' J. D. Adams Mfg. Cos. Stock Sell 415 LEMCKE BLDG. i *
.SEPT. 24, 1930
HEAVY SELLING FORCES BREAKS IN STOCK MART Leading Copper Shares at Lowest Levels of Year.
Average Stock Prices
Average of thirty industrials for Tuesday 226.75. up 3.97. Average of twenty rails was 128.43. off .12. Average of twenty utilities was 82.70. ud 1.31. Aierage of fortv bonds was 97.53. up .05. Bn United Press NEW YORK. Sept. 24.—With the technical position of the market impaired by Tuesday's brisk recovery’, bearish professionals succeeded in forcing further wide recessions in many stocks today. Following the heavy short covering of the first hour of trading, vigorous selling operations were started in various individual stocks and groups. Vanadium was a particular target for the bears, breaking half a dozen points as important support orders were withdrawn. Pronounced weakness was also evident in the copper group. Support Given Notwithstanding the severity of the breaks in various issues, the market as a whole met with considerable support. Leading shades like United States Steel, General Electric, Westinghouse Electric and American Can lost little more than their early gains and held steady around previous closing levels. Most of the leading copper shares sold at or near their lowest levels of the year on belated liquidation following the persistent weakness in metal prices. American Smelting dipped to the lowest levels since last spring at 59, off more than 3 points, and substantial losses were suffered by Anaconda and Kennecott. Radio Is Sold Radio, likewise, was under considerable bear pressure but met support at a point concession. In other sections of the list there was little feature to the trading and transactions were light. Reluctance of the leading shares to break in the face of unsettling weakness in special issues was a reassuring factor and the selling through the noon hour showed few signs of spreading to other sections of the list.
Bank Clearings
Wednesday, Sept. 21 INDIANAPOLIS STATEMENT Clearings $2,954,000.0n Debits 5.838.000.00 CHICAGO STATEMENT ft a United Press Clearings $72,400,000.00 Balances 4,600,000.00 NEW YORK STATEMENT Clearings .$932,000,000.00 Balance 136.000.000.n0 Federal Reserve Bnk Cr. Bal 128,000.000.00 TREASURY STATEMENT Net Balance for Sept. 22 $334.848.283..18 Expenditures 10.914.638.48 Customs rects. month to date 20,671.270.03
New York Bank Stocks
—Sept. 24Bid. Ask, America 92 94 Bank of United States ... 37'i 38 Bankers 136 139 Brooklyn Trust 705 715 Central Hanover 325 337 Chase National 1."4 135’i Chatham Phoenix Natl.. Ha 107 Chemical 03 63'a City National I*4 147 Corn Exchange 169 170 Commercial 400 415 Continental 26’ 2 27 Empire 75 77 First National 4.950 5.000 Guaranty 606 609 Irving 48', a ß’t aMnhattan & Cos 108 109'a Manufacturers 80 81 New York Trust 239 2*2 Public 99 101 Chelsea 30 3>
In the Stock Market
ißv Thomson & McKinnon > NEW YORK, Sept. 24.—When the present fog of uncertainty lifts from the financial community, we will discover, no doubt, that we have again been unduly frightened. The very low price of wheat is disconcerting, but its effect upon the total farm income is not as great as it at first seems. The total United States wheat crop this year represents approximately five per cent of the gross farm income for 1929 which the dept, of agriculture estimated at eleven billion eight hundred million dollars. Economists estimated that the 1930 aggregate farm income will possibly decline one billion dollars from that of last year and even less based on figures of the three previous years. As to the farmers purchasing ability it is estimated the purchasing power of the dollar has increased nearly 10 per cent within a year, which will largely, offset the expected decline in income. The gain in car loadings virtually recovering the loss sustained during the previous holiday week, shows that business is proceeding on an even keel. Chicago Stocks Opening (Bv James T. Hamill & Cos. —Sept. 24 Auburn Motors 110 Insull pfd 90 Bendix Avia ... 29 Insull Js 1940 101 Borg Warner .. 26', Majestic Hsehold 27'4 Cord Corpn ... 6 1 , Marshall Fields 33 Conti Chi Cor p 47> 2 Midland Utd c. 24 7 * Chi Corpn corn. 11 1 j'Middlewest com 27' Chi Securities.. 20 1 2 Swift Internatl 33! j Gen Thea Equip 30'7 U S Radio & Tel 25'Grigshv Grunow 7 , Util fs, Indu com 12 3 * Elec Household 41 Util & Indus pfd 22’ Insull com .. 54
CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares 1418 Fletcher Trust Bid g. 81. 1891
Interstate Public Service Company Notice of Dividend The Board of Directors of the Interstate Public Service Company has declared the regular quarterly dividend of one and three-quar-ters per cent (IK%) on the outstanding seven per cent (7%) Prior Lien Stock of the Company, payable October 15,1930, to stockholders of record September 30, 1930. LOIS ALLEN, Secretary.
