Indianapolis Times, Volume 42, Number 118, Indianapolis, Marion County, 25 September 1930 — Page 12

PAGE 12

FOREIGN NEWS ADDS STRENGTH TO GRAIN MART Gains at Liverpool Factor in Rise; Corn Is Unsettled. Bv United Press CHICAGO. Sept. 25. Wheat showed a distinctly better undertone today but closed unevenly higher to low'er on the Board of Trade under very heavy profit taking during the latter part of the session. There was persistent buying by commission houses early, believed a part of the late rally Wednesday, and while there was little indication of Russia covering, there was no aggressive selling. Sentiment was less bearish. Trade was not large, but the market was easily influenced. Corn was subjected to heavy profit taking late, after showing an exceptionally strong tone early. Oats continued to trail the major cereals. Liverpool Advances At the close w'heat was % cent lower to % cent higher, corn was unchanged to % cent higher and oats were % cent to - cent higher. Provisions were unevenly strong to weak. Liverpool again advanced in the late trading and closed % to % cent higher. Winnipeg, too, was steady early. This firmness at outside markets was encouraging. Russia still is pressing and Argentina appears to have an excellent crop, but Canada has lessened its offers, oats were % cent to 1 cent higher. Receipts were 9 cars. Cash Corn Up Rains over the belt with a prediction for more to be followed by much colder weather gave corn a strong tone early and restored a good advance. At mid-session prices were more than 1 cent up. The receipts were light. Reports from some sections stated that husking was being delayed by the wet weather. Cash prices were % to 1% cents higher. Receipts were 80 cars. Oats made a fractional advance early on the strength in the other pits. Trading was quiet with most traders watching wheat to the neglect of oats. Cash prices were % to 1% cents highers. Receipts were 32 cars. Chicago Grain Table —Sept. 25WHEAT— P rev - Open. High. Low. Close, close Sept.. .79% .80 ."8 i 78% .79% Dec .83% .84 1 a .82 1 * .82% .83 MaV.. .86 % .87’, .85=.,, .86% .86 Mav.. .89% .90 Va .83% -89 >. a .89 PORN sept;. .86’, .87 .85% .85% .85% Dec... .82% 1 .83% -82 .82% .82% Mar .84 .84% .83 .83% .83% Mav'.. .85% .86% .85% .85% .85% Dec... .38% .38% .38% .38% - 3 2'/* Mar.. .40% .40% .40% .40% .40 Mav.. .41% .42% .41% .41% .41 DecTf .51 .52% .51 .51% .51 Mar.. .55% .57% •25', 4 " "JS." Mav.. .57% .59% .5,% .08% .07% Sepf R IL2S 11.27 11.25 11.25 11.30 Oct... 11.25 11.25 11.15 11.20 11.22 Dec.. 10.70 10.82 10.70 10.77 10.70 Jan. 10.57 10.70 10.57 0.70 10.57 p e h 10.70 10.57 May! 16.75 10.80 10.75 10.80 10.80 Sept 3 ' l ' l * B- ' 14 00 14 00 Oct ' . . 13 20 13.25 July. 1V... 1350 1350 B.u Times Special CHICAGO. Sept. 25.—Carlots: Wheat. 17; corn. 100; oats. 34; rve. 0. and barley. 17. Bu United Press m CHICAGO, Sept. 25.—Cash grain closed; Wheat —No sales reported. Corn —No. 2 mixed. 88%<6 89c: No. 3 mixed. 88%*t88%r; No. 4 mixed. 87**® 88c; No. 6 mixed. 87 %c; No. 1 yellow. 89®89%c; No. 2 yellow. 89@89%c: No. 2 vellow. 88%689‘/aC; No. 3 vellow. 88%®88%c; No. 6 vehow. 86%c; No. 2 white, 92%@93%c; No. 3 white. 92’bc; sample grade. 76® 85c. Oats—No. 2 white. 36%i37c; No. 3 white. 35% Rfi’lc No 4 white. 35@35’/2C. Hvc —No. 1, fil&ci No. 2. 52 lie Timothy—sl7.2s® 17.50. Clover —[email protected]. B’l United Press TOLEDO. Sept. 25 Grain close. Wheat -No. 2 red. 87*,.88c. Corn-No 2 yellow. 93%@94’*. Oats —No. 2 white. 40%®. 4>C. Bve-No. 2. 71c. Barley-No 2. 61c Clover —Domestic prime, old Slo. nrime new $15.50; prime choice, new. $15.85; prime choice, old. 515.30; October. $15.50: December. $15..5: eb^H v n '. March. $16.25 Alsilte-Cash sl3 50 Oc-utt#rl-Ffincv creamerv. 41tfi'42c. Ekks — Country run, 26(ft28c. Hav —Timothy. $1.75 cwt. __

Births Boys Andrew and Roxie Alexander, city hos--o lPeicy and Mozena Williams, city hosP 'ciaude and Lona Baker. 733 Grove. Paul and Donna Dukat*. 1326 Dcloss. Harold and Marjorie Ginsberg. Chris“Merrtu'and Lois Christie. Christian hosP1 Henry and Vivian Carlyle. Coleman hosDi E*dwin and Ethel Kuhn. Coleman hosDi Virall and Wannie Lyons. Coleman hosPi HoWard and Lejora Lewis. 2137 South EB Ravmond and Willie Link. 647 Buchanan. Howard and Bertha Calahan, Methodist h< John and Theresa Gill. 2834 Paris Elmer and Margaret Lowden, ChrisGeorge P and Margaret Oberle. Christian h °Arc t he l r and Nora Eggers. city hospital. Louie and Ruth Soley city hospital. Louis and Lou Smith, city hospital. Marlon and Harriet Wilmington, city h< Paui a and Reba Kern, city hospital. Girls Patrick and Kathrvn Kans .city hospital. Clark and Gertrude Showalter. city hosDl Melvin and Navi* Huston. 1139 North E *Dexter and Inabelle White. 443 West McC *Charlea and Ethel Smith. 309 North St *oe and Willie Smith. 934 West North. William and Stella Cook, 2250 North and Bertha Hughes. 411 East 01 Arthur and Mary Gaspar. Coleman hosDi Wavna and Bartholda Geissel. Coleman h °LoulV and Dorothy Keeley. Coleman ‘‘George and Margrete Miller. 2705 Barth Donald and Lenore Changnon. Methodist h °John l 'and Theresa Gill. 2834 Parts. Hubert and Flora Hart. Christian hos01mnk and Martha Muellen. Christian Leonard and Delmo Campbell, citv hospital. Deaths Alton S. Jones. 30. city hospital, appendlciUs. Angie Burlington. 65. 3021 Euclid, gastro enteritis. „ . _ , Joseph Paul Jones. 63. city hospital, chronic interstitial nephritis. Missouri Cordelia Graham. 69. 25 North Chester, cerebral hemorrhage. _ , FTancis Marion Washburn. 80. 5222 Guilford. colicystitls. Pearl Young. 51. city hospital, pernicious anemia. Otelee Henderson. 23. city hospital, thrombocytoplenlc purpura. Joahua Churchill. 82, 1710 Martlndale. cerebral hemorrhage. Christina Woodruff. 12. city hospital, cerebro spinal meningitis. Laura Mae Redman. 11 months, Riley hospital, tuberculosis. Wesley D. McNeelv. 84, 1416 Laurel, acute cardiac dilatation. Ellen Mrttley. 73. 965 Hosbrook. cardiac asthma. i Gideon Pittman. 77. 3233 Miller, acute icardiac dilatation. A Charles McCauley. 59. 1509 East TwentyBurth. arterlo sclerosis. Hwaiile Clemmons. 86. 2143 Martindale. Brio sclerosis. Btnfile Smith 54. 1838'3 Martlndale. B cardiac dilatation SCtjSttha Schulvhies. 17, city hospital, peritonitis. W.lltam Nackenhorst. 67, 3151 jb*asyi3krdio renal vascular dlsca-;. 'v/ 59. Central Indiana rjkic myocarditis.

New York Stocks ————— IBv Thomson is McElnnoni "' 1

- Bept J5 ~ Prev. H .m% W 3% C 2°lf% 21°4 Se ' Ati Coast Line 138 136% 136% ... Balt ii Ohio .. 98% 96 96 ... Chesa & Ohio.. 47-. 46% 47% 47% Chesa Corp ■■■ 61 61 Chi Grt West... 9% 9 9 9 Chi N West.... 61 5859 61% C R I & P 93% ?2% 93 93 Del L & W 114% 113% 113% 114% Del tc Hudson IW% 160% Erie 39 38 38 39 Eric Ist pfd.... • Great Northern.. 74'** 74’ a ,71 2 ,71! 2 Illinois Central 112% 112 112 112 Lou Si Nash , I}?% 11.% M K is T 37 30% 3d% 3a % Mo Pacific 61 60 60 62% Mo Pacific pfd -.119 118% 118% ... N Y Central 159% 157% 157% 158 Nickel Plate *3% 93 NY NH is H.. .101% 99% 100 100% Nor Pacific .... 69% 69 69 69% Norfolk is West .. ... 326 226 Pennsylvania ... 72% 71 71% 71 is Reading 102% 102% 102% 104 Seaboard Air L ... So Pacific 114 113 113% 114 * Southern Rv 83% 80% 81% 33 ;* St Paul 13% 13 13% 13‘/a St Paul pfd.... 20 19% .19% 19% St Lis S F... 84 3 * 83% 83% 84% Union Pacific .213% 212% 212,* Wabash 28% 23 28 27% W Maryland... 20% 19% 19% 19% West Pacific 17 Equipments— Am Car Sr. Fdv 45 44% 44-* 45 Am Locomotive.. 39% 39 39 39 Am Steel Fd,... 36% 35 35% 37 Am Air Brake S 43 % Gen Am Tank.. 82 78-. 80 82% General Elec.... 67% 63% 64 2 66/. Gen Rv Signal 75% 75% 75, 77 Lima L0c0... 23% N Y Air Brake.. ... ... 39% 38i Press Stl Car... 8% 6% 6% 6% Pullman 66 6j% 65% 65% Westlngh Ar B. 39% 38% 38% 38% Westinsrh Elec .138-a ISSVa 134, a 137 Rubbers— . 107 . Firestone 19% 19 19 18 a Fisk 1% 1% I=s It* Goodrich 21% 20% 20% 21% Goodyear 54 51% 51% ->3,2 Kellv Sprgfld... 2% 27s 2,s .• • Lee Rubber .. ,2,'j* U S Rubber 16-Va 15% 10.2 last Chrysler 25% 23% 24 ,* 25 .■* Graham Paige.. 5% 5 •> a 5 2 General Motors.. 42% 41 41,* 41 2 u% ■ ?o%* ml n' 8 Na"™ 0 .".:::::::: 3? 3?. 3?% Packard 12% 11% 44 % I?Z® Pierce-Arrow .. 25% 2.> 25 25 a Reo 12V* ll’/a 11% 11% Studebaker’ 29% 28 28 29 Yellow Truck 17% *6% 16% 17 Is Motor Access— , „„ „ n Am Bosch 30 29 29 29 Bendix Aviation 28% 25 'a 26 *? 28,2 Boric Warner... 25 24% 24% 25% RricrfF*. 17 7 16 7 h If 1 f ,4 Eaton 21% 20% 20% 21% El Storage B ... 62% 59% 59% 61/a Raves Body .... o% 5 * jj '* 3,8 Houda 8 7 7 * 7,2 Motor Wheel ... 20 19 19 19;>a Soarks W 19 4 1% 4 ®7i Stewart Warner 24 23% 23% 24 Timken Roll '63 o 9 59Va 621a Am*Metals ... . 26% 24% 25 27 Am Smelt .... 58% 53% 54% 58% Anaconda Cop.. 41% 39% 40yi 39^* Cal is Hecla 11% }O% 11 44 % Cal Si Ariz 47% 43% jJ?" 4 L > Cerro de Pasco 39% 38% -8/2 40 a Dome Mines „ ••• •;a„ Freeport Texas. 43% 42y a 42 ,s 43% Granby Corn... 19% 19 1 19% Great Nor Ore.. 20% .0 20 20,.* Howe Sound.... 28 27 ,2 2.1 27 2 Int Nickel 23% 21% - % 23 * Inspiration 12% 11 * 44 i? 5 8 Kennecott Cop. 32% H % 31% 31,a Magma Cop 30% 29,2 29 ,2 30 2 Miami Copper.. 13% .3 13 13 * Nev Cons 12% . 211 12% 12% Texass Gul Sul 57% -;6% 56'a 57 u S smelt 22’s 21% 21% 22% Amerada 21 21% Am Republic... .. i 3 ,, '* At'. Refining 31% 30 * 30 * 31 Houston' 1 ..:..:. ;■ |% 1; Indlan'Refininic.'. 11% % 9% lg% M?d C^ntl°f r 22% % % • Pan-Amer 18.. 56 54 54 56 Phillips 29;* 28V* 28,2 29 a Pr Oil is Gas.. 32% 31 2 31 /a 33 Pure Oil 18-a 17’,a 17>/a 18,? Richfield 14 12 -2 14,* Royal Dutch 47 46-a 46 2 47 h Shell Un 13% 12’a 12% 13 Simms Pt JL, Sinclair 19% IT* Skelly 26V* 2a’/a 25% 26% Standard of Cal 57% 56% 56 2 57n Standard of N J 60% 62% 63 2 65 * Standard of N Y 29% 28 , 28 ,a -9^ Texas Cos 50 49% 49% 50 Union Oil 37% 36 36 37 ,* Am* Roll Mills... 47’* 46% 46% 47 Bethlehem 84'* 82 82 * 83,* Byers AM 68 62% 62/8 66 Colo Fuel 41 1 2 42 53 C?uc sTeel !.... 69 66 69 69 Inland ‘6 % 76% Ludium 21 19 20 21 Midland 27% 25 25% 26% Repub lis S ... 29% 29% 29’, 29 A U S Steel 161% 157% 158% 161>/* Vanadium 70 64% 66% <*> Youngst SisW. 38 36V* 36% 37>,2 Tobaccos— Am Sumatra ... 10% JJ 1 * Am To (Anew 1.119 118 118 117 Am To (B new).l22 119% 121% 120% Con Cigars 3 ® General Cigar 4 3 43-% Lig is Myers iB) 98% 95% 96 97 Loriilard 20% 19% 19'* 19% Phil Morris 11% 11 11% 44 Reynolds Tob .. 50% 49% 49% 50 Std Com Tob 4 % Tob Pr A 12 ...„ Tob Pr B 4 3% United Chr 6% 7 Utilities— .. Abitibi 20 16 17 20 Adams Exp 25 24*4 24% 24% Am For Pvt. ... 60% 57% 08% 59% Am Pwr is Li.... 76 73 73 75% A T is T 209% 205V* 206% 209 Col Gas is E1.'... 60% 57 57% 59% Com & Sou 13 12% 12% ... El Pwr As Li 65% 61% 62 s * 60 Gen Gas A 8% 8% BVi 8% Inti T is T 37"i 36% 36% 37Vi Natl Pwr As Li.. 43% 41% 41% 43 No Amer Cos 98% 94% .96% 98% Pac Gas As El.. 56% 56 56 .66*3 Pub Ser N J 90 87% 88% 88*4 So Cal Edison.. 56 1 * 55% 56 56 Std G is El 92’,* 91 % 91% 94% United Corp . .. 30% 29V2 29% 31% Ut Pwr is L A.. 34% 33% 33% 34% West Union ....163% 156V* 157 163 Am Inti Corp ... 34Va 32V8 32% 33% Inti Mer M pfd.. 20% 20% 20V, 20% United Fruit.... 83% 82 82 82V, Foods — Am Sugar 48 48 48 48 Armour A 4% 4% 4’* 4% Beechnut Pkg .. 55% 55 55 62 Cal Pkg 61 Can Dry 62 60% 60% 61% Childs Cos 49 Va 48% Coca Cola 180 179:4 180 180 Cont Baking A. 27% 26% 26% 26% Corn Prod 87% 85*4 85** 86% Cudahy Pkg 42% 42% Gen Goods .... 55 53’,i 53% 54% Grand Union ... 13% 13% 13% 13% Herscv ~.. 93% 91 91 94'% Kroger 49** 48% 48% 29>/a Nat Biscuit 83% 80% 81% 82%

Produce Markets

Ezzs (Country Run —Loss off delivered in Indianapolis. 20c; henerv qualltv No. 1 25c; No. 2. 14c. Poultry (Buying Prices)—Hens, weizhInz 5 lbs. oi over. 20c: under 5 lbs.. 14c: Lezhorn hens. 14c: sprinzers, 4 lbs. or over 22c or under 4 lbs.. 18c: Lezhorn sprinzers. 17c: old cocks. 9@loc; ducks, full feather, fat white. 11c: zeese. Bc. These prices are for No. 1 too duality ouoted bv Kinzan Sc Cos. Butter iwholesalei—No. 1. 41@42c: No. 2. 39040 c. Butterfat—39c. Cheese i wholesale sellinz price pet poundi—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 27c: Lonzhorns. 34c: New York Limberzer. 36c. B" United Press NEW YORK. Sept. 25.—Flour—Dull and steadv: sprtnz patents. $4.8505.20. Pork— Steadv: mess, $32.50. Lard—Easier: middle west spot. $11.75® 11.85. Tallow—, Quiet: special to extra. 4%®s‘ac. Potatoes —Dull and weak: Lonz Island. $1.35®3.65 per barrel: Maine. $2.7503.25 per barrel: Jersey. 51.25@3 per basket. Sweet potatoes —Steadv: southern baskets. 50c®51.50: Southern barrels. $2.7503: Jersey basket. 65c®$2. Dressed poultry—Easv: turkeys. 32050 c: chickens. 20@39c: fowls. ’.3®3lc: ducks. 12®15c: ducks, Lonz Island 17® 20c. Live poultry—Dull and nominal: zeese 12® 16c: ducks. 15@26c; fowls. 17® 30c- turkevs. 25@30c: roosters. 14®15c: chickens. 20033 c. Cheese—Quiet: state whole milk, far.cv to special. 24®26c: vounz Americas. 30®25c. Bu United Press CHICAGO. Sept. 25.—Ezzs—Market, steady; receipts. 7.397 cases: extra firsts. 24c- firsts. 23c: current receipts. 2Oo2O’:ic: ordinaries. 18® 19c: seconds. 12® 17c. Butter—Market, steadv: receipts. 5,802 tubs: extras. 37 l 2c: extra firsts. 37c: firsts. 33® 34c: seconds. 31®32c: standards. 333 c.6 3 c. Poultry—Market, firm: receipts. 5 cars: fowls. 21*40: sprinzers. 22'ac: Lezhoms. 16c: ducks. 15®18c; zeese. 15c: turkeys. 18c: roosters. 15c: broilers. 22c. CheeseTwins. 18 018'ac: vounz Americas. 19r. Potatoes —On track. 296! arrivals. 88: ship-' ments. 892: market, steadv to firm: Minnesota sacked Irish Cobblers. 51.90®2 05: Minnesota and North Dakota Red River Ohio*. *1.9002.10: Idaho sacked Russets. $2 50®2 65: Wisconsin sacked Irish Cobblers. $2.1502.25: Western Bliss Triumphs. *1.80@2. Bn United Pm,s CINCINNATI. 0.. Sept. 25.—Butter— Steadv: creamery in tub lots according to sco’re 36® 39c; common score discounted. 2®3c: packing stock No. 1. 30c; No. 2, 25c; No. 15c: butterfat. 38®40c. Eggs— Steady: cases included: extra firsts. 28c; firsts. 26c: seconds. 23c; nearby ungraded. 26c. Live poultry—Thin and coarse stock ?ells 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 fryers over 3 lbs.. 21c; broilers colored, over 2 lbs.. 21c: broilers. l' lbs. and over. 23c; Leghorns and Orpingtons broilers over 2 lbs., 17c: Hi lbs. and over. 20c: broilers, partly feathered. 15® 18c: roasting chicks. 4 lbs. and over, 24c; bl.’ck springers, 18c. Bu United Press CLEVELAND. Sept. 35.—Butter—Extras. 3744 c; extra lrsts. J7c. Eggs—Extras. 28c: firsts. 22c. Poultry—Fowls. 25c: medium. 2*c; Leghorn. 14® 16c; ht-aw broilers, 20® 22c; Lezhorn broilers. 18ti21e; ducks. 10® 20c: old cocks. 14® 16c: geese. 20c. Potatoes—Ohio Cobblers. *1.25® i.? 5 cer 69-lb. sack: Main* Cobblers. *3.50® 2.65 pc'- 120lb. sack! Idaho Russet, *3 10 per 100-lb. sack.

Plilsburv 32 ;*% Safeway St 67 64% 84% Std Brands 19 18 18% 19 Ward Bke 7% 8 Drugs—. Coty Inc 16 ... 16 16 Lambert Cos .... 90% 86% 86% 89% Lehn As Fink 26% 26 Industrials— Am Radiator ... 24*,a 23% 23% 24% Bush Term ... 35% 35 Certainteed 6 6 Gen Asphalt ... 38% 3£% 37 39 Otis Elev 66% 60% 62% 66 Indus Cbems— Allied Chem ...256 249% 254 255 Com Solv 24% 22% 22% 23% Union Carb 72% 69'* 71 71% U S ind A’co ... 68% 66% 67% 67 Retail Stores— Assoc Dry Gds.. 32% 31% 31% 33 Glmbel Bros 10% 10% 10% 107a Kresge S S 29** 28% 28% 29 Mav D Store... 42% 41% 41% ... Mont Ward 32% 31% 32 32% Penny J C 49% 48’,* 48% 49% Schulte Ret St.. 7V* 7 7 7% Sears Roe 65% 62 % 63% 65 Woolworth 62% 61% 61% 62% Amusements— * Bruns 8a1ke.... 15’,i 35% 15% 15% Col Graph 15%* 14% 14% 15% Eastman Kod ..207 197** 200 205 Fox Film A 48% 46% 47% 46% Grigsby Gru J% 6% 7% 7% Loews Inc 75% 73 73’* 73% Param Fam... 55% 54% 54% 54',2 Radio Corp.... 34% 30% 30% 33% R-K-O 30** 28% 28% 30% Schubert HVa 13% 1344 14% Warner 8r05.... 27 25% 25% 26% Miscellaneous — Airway App 12% 12 12 12% City Ice Si Fu.. 38% ... 38% 38 Congoleum 10% 10% 107s 10% Am Can 124% 121% 123% 123% Cont Can 55% 54% 54% 54% Curtiss Wr 5% 5 5% 5% Gillette SR... 63% 57% 58% 63% Real Silk 45% 40 41% 44% Ulen 21

Dow-Jones Summary

LONDON —New York cables opened at 4.86 1-32 against 4.86 1-16. Paris checks 123.78, Amsterdam 12.055. Italy 92.805 Berlin 20.405. Bank of England statement as of Sept. 25. Shows circulation 335,768.000 pounds against 337,767,000 pounds on Sept. 18. Ratio 55.2 per cent against 55.3 per cent and bullion 157.427.000 against 157,510,000. American Gas and Electric Company subsidiaries output for week ended Sept. 20 was 73,112,186 kwh., decrease of 7 per cent from like period 1929. Great Lakes regional advisory board in session in Toledo states business curbe has reached bottom and Is on more decided upward swine than apparent earlier In year. Board estimated freight car requirements for last quarter at 445.650 cars against actual requirements of 513.545 cars in 1929 auarter. Abraham & Straus. Inc., declared regular quarterly dividend of $1.75 on preferred. payable Nov. 1. record Oct. 15. Mexican ministry of industry commerce and labor canceled concessions on all enterprises manufacturing alcohol from corn to conserve cereal. Due to unusually favorable ripening weather about 83 per cent of lowa corn crop safe from ordinary frost, federal crop reporter states. Bank of Sicily Trust Company declared regular quarterly dividend of 30 cents payable Oct. 10, record Sept. 30. Reading Company August net operating Income $755,248 against 51.291.279 in August. 1929. Eight months $7,100,256 against $10,310,821. Midland Steel Products Company get orders aggregating $2,000,000 from two large automobile producers. “On basis of business now being closed coming months should see substantial expanion in activity of company.” says President Kulas. Eklvinator Corporation president says September sales to date 11.5 per cent ahead of a year ago with business for year to date as good as last year. David Friday economist predicts sure, but slow recovery in business for remainder of 193) with decided improvement in 1931 and with 1932 probably another record year. Federal reserve board reports commodity prices at wholesale remained unchanged between July and August. Industrial production also unchanged. Canadian Pacific Railway for third week September reports gross of $4,467.000. decrease 181.000 from like 1929 week. For period Jan. 1 to Sept. 21, gross $122,939,000. decrease $25,003,000. Midcontinent Petroleum Corporation accused 20 per cent interest in Great Lakes Pipe Line Company. New England Power Association and subsidiaries August profit $706,000 available for dividends and reserves against $785.886 in August. 1929. eight months $7,278,379 against 56.339.840. Tobacco Products Corporation declared a dividend of 20 cents on class A stock, payable Nov. 15. record Oct. 24. Three months ago a similar dividend was paid. Jones & Laughlin Steel Corporation will expend $8,400,000 for improvements to its plants in Pittsburgh. John E. Zimmermann. president United Gas Improvement, advises large purchases to buy material for future requirements immediately and has addressed letter to local managements of all U. G. I. subsidiaries suggesting they at once anticipate normal requirements for several months and place order. Pan-American Airways gets contracts at S2 per mile of carrying ihail between Paramaribo and Dutch Guiana. Santos. Brazil. Structural steel shipments In August estimated by commerce department at 280,000 tons against 228.000 in July and 338.800 In August. 1923. For eight months 2.260,000 tons against 2.336,950 in like 1920 period. Bank of France statement as of Sept. 19 shows gold 47,671,000.000 francs against 47.542.000.000 on Sept. 12. Circulation 72,479.000.000 against 72.875,000.000. and ratio 52.75 per cent against 52.69 per cent. Committee headed bv Frederick W. Allen asks security holders of Wickwire Spencer Steel Company to deposit holdings on or before Nov. 15. under plan for reorganization. Petition to close Stock Exchange on Saturday, Oct. 11. preceding Columbus day being circulated by members. Emile Moreau has resigned as governor of the Bank of France to assume the presidency of the Banqye de Paris et des Faysbas. one of the largest private banks in Paris. t Statement of American Telephone and Telegraph Company as of June 30. 1930. shows total assets $2,844,633,099 against $2,477,023,550 on Dec. 31. 1929. and surplus $554,101,778 against $370,382,536. Anaconda Copper directors meet for dividend at 11:30 a. m. today. Wheeling & Lake Erie August net operating income $293,197 against $630,080 In August. 1929. For eight months $2,557,719 against $3,773,261.

i*ew York Bank Stocks

—Sept. 25 ,• , Bid. Ask. America si 93 Bank of United States 37‘a 3814 Bankers 133 139 /2 Brooklyn Trust 700 710 Central Hanover 332 335 Chase National 133‘4 135 Chatham Phoenix Natl 104 107 Chemical 62’4 63U Citv National 147 148 Corn Exchanze 168 170 Commercial 400 415 Continental a 26 Empire 75 77 First National 4.900 4,925 Guaranty 603 610 Irvinz 47 3 4 48‘/2 Manhattan <fe Company .. 108 109 Manufacturers 80 81'i New York Trust 240 243 Public 98*2 100V4 Chelsea 30 34 Other Livestock Bu United Press EAST BUFFALO. N. Y., Sept. 25.—Hogs— Receipts. 1.200: holdovers. 400; dependable trade to all interests: steadv to strong; 200-220 lbs.. 510.60® 10.65; bulk 170-190 lbs.. $10.35® 10.50; 140-160 lbs.. *lo® 10.25; 140 lbs and dorp. $9.75 to mostly *lO. Cattle—Receipts. 107; grass steers largely. 25c lower: fleshy kinds. *11.50: common. *5.90® 6.50: cutter cows. $2.7504. Calves —Receipts. 100: vealers active, steadv *l4 down. Sheep—Receipts. 600; fat lambs low. 50®75c lower: bidding $8.75 for closely sorted natives; medium and in-between kinds. *7®8.25; throwouts. *6.5006.75. B" United Press PITTSBURGH. Sept. 25.—Hogs—Receipts. 1.800: weak to 10c lower: 170-220 lbs.. *10.35010.50; 240-160 lbs.. *9.75 0 10.25: 140 lbs. down, *9 250 9.75: packing sows. *8 @8.50. Cattle—Receipts. 15: steadv: common heifers. $3.50® 6. Calves—Receipts. 100: strong to 30 cents higher: top vea'ers. *13.50: other desirable kinds. sU®l3. Sheep—Receipts. 500: weak to 25 cents lower; better grade fat lambs. sß® 8.75. Retired Policeman Dies SOUTH BEND, Ind., Sept. 25. William Cassidy, 74, who was a member of the South Bend police force forty-tVo years, is dead. He retired Jcr. 1 1922, with the rank of assistant chief.

THE INDIANAPOLIS TIMES

HOGS CONTINUE PRICE DECLINE AT CITY YARDS Slaughter Classes Weak in Cattle Trade; Veals Sell Up. i Sept. Bulk. Top. receipts 18. $10.50010.99 $10.90 5.500 19. 10.404810.80 10.90 6.000 20. 22. 10.304710.70 10.75 5.000 23. 10:254) 10.70 10.85 5.500 24. 10.004) 10.60 10.75 5.000 25. 9.90010.50 10.50 6.000 A further decline of 10 cents was registered in hogs at the Union Stockyards this morning on the opening. Later figures were 15 to 25 cents off from Wednesday’s average. The bulk, 100 to 300 pounds, sold for $9.90 to $10.50; top price paid was $10.50. Receipts were estimated at 6,000; holdovers were 144. Slaughter classes tended weak in the cattle market with receipts higher at $12.50 down. Calf receipts were 600. Lambs were off 50 cents or more. Bulk ewes sold at $6.50 to SB. Sheep receipts were 600. Chicago hog receipts were 24,000, including 4,300 direct. Holdovers were 4,000. The market was slow, with scattered bids around steady on sorted weight butchers. Choice 240 to 260 pound weights upward to $10.60. No bids on lighter weights. Asking steady to strong with Wednesday’s average. Cattle receipts were 9,000; calves, 2,100, the market steady. Sheep receipts, 30,000, lower. Hogs j Receipts. 6,000; market, lower. —Light Lights—-(l4o-160) Good and choice....s 9.25(3) 9.50 , —Light Weights—-(l6o-180) Good and choice... 9.75® 9.90* (160-200) Good and choice.... [email protected] —Medium Weights—-(2oo-220) Good and choice 10.10010.30 (220-500) Good and choice... 10.30® 10.50 —Heavy Weights—-(2so-350) Good and choice.... [email protected] (290-350) Good and choice... [email protected] i —-Psckinp[Bowfl—-(27s-500) Medium and g00d... 7.75® 9.00 (100-130) Good and choice 8.25@> 8.75 CATTLE (Slaughter Clascs) Receipts. 600; 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 10.25®12.75 Medium [email protected] —Heifers—-(sso-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, 600; market, higher. Good and choice $12.00® 12.50 Medium 9.00®12.00 Cull and common 6.00@ 9.00 —Calves—-(2so-300) Good and choice [email protected] Common and medium 5.00@ 7.50 STOCKER AND FEEDER STEERS (500-600) Good and choice 5.50® 7.50 Common and medium 3.75® 5.50 (800-1,0501 Good and choice 5.50® 7.50 Common and medium 3.50@> 5.50 SHEEP AND LAMBS Receipts, 600; market, lower. Good and choice $ 6.50® B.CO Common and medium 3.50® 6.50 —Ewes— Meduim and choice 2,sC<® 4.00 Cull and common I.oo® 2.50

Other Livestock Bn T'nitrd Press • CHICAGO. Sept. 25.—Hogs—Receipts. 24,000, including 6.000 direct: fairly active, steady to strong: bulk. 230-300rlb. weights. [email protected]: top. $10.60: 180-220-lb. weights. $9.75®10.i5: packing sows, $7.50®! 8.75; light lights, 140-160 lbs., good and choice. [email protected]: light weights. 160-200 lbs., good and choice, *9.40010.10: medium weights, 200-250 lbs., good and choice. $9.85 @10.60: heavy weights. 250-350 lbs., good and choice. SIOO 10.60: packing sows. 275500 lbs., medium and good. $7.25® 9: slaughter pigs. 100-130 lbs., good and choice. $8.25@9. Cattle—Receipts, 9.000: calves. 2.100; fully steady market on yearlings and topping medium weights and weighty fed steers: lower grade medium weight and heavies slow: all other classes steady to strong; choice vealers standing 25c or more higher: top yearlings. sl3: best heavy steers, $12.25; medium weights. $12.60. and light heifers. $12.75: slaughter cattle and vealers. steers. 600-900 lbs., good and choice. $11®13; 900-1.100 lbs., good and choice. $10.75013: 1.100-1.300 lbs., good and choice, [email protected]; 1,300-1.500 lbs., good and choice. [email protected]: 600-1.300 lbs., common and medium, $6.50® 10.25: heifers. 550-850 lbs., good and choice. [email protected]; common and medium. s6®; 10.50; cows, good and choice. [email protected]: common and medium. 54.25®5.25; low cutter and cutter cows. $304.25; bulls, yearlings excluded, good and choice, beef. $5.75 @6.75: cutter to medium. $405.75; vealers. milk feed, good and choice, $10.50® 13.25: mediums, $8.50® 11: cull and common. $7.50 ®8.50: stocker and feeder cattle, steers. 500@1,050 lbs., good and choice. $7.2509; common and medium. $5.2507.25. Sheep— Receipts. 30,000: early trading mostly on fat native lamhs 25c lower; top. $8; bulk moderately sorted. $7.500,7.75: throwouts mostly [email protected]: nothing doing early on rangers: bulk late Wednesday sales. $7.75@ 8: top, $8.15 to outsiders: best handvweight fat ewes. $3.50®3.75: desirable feeders. $6.50® 7; slaughter sheep and lambs, lambs 90 lbs. down, good and choice. s7® 8; medium. $5.75® 7; all weights common, $4.5005.75; ewes. 90-150 lbs., medium to choice. $2.5004: all weights, cull and common, $1.25® 2.75; feeding lambs. 50-75 lbs., good and choice. [email protected]. Bu Times Snccial LOUISVILLE. Ky.. Sept. 25.—Hogs—Receipts. 500: market 10c lower: 300 lbs. up. $9.50: 200-300 lbs., $10.25: 175-200 lbs.. $9.75; 130-175 lbs.. $8.55; 130 lbs. down. $6.75: roughs. $7.25; stags. 6.25. Cattle— Receipts. 300: market steady; prime heavy steers. $8.50010: heavy shipping steers. $7®8.50; medium and plain steers. $5.50® 7; fat heifers, $5.50010; good to choice cows. $405.50; medium to good cows. $3.25 @4; cutters. [email protected]; canners. $2®2.75: bulls. S4O 5.50; feeders. $6®7.50: Stockers. $406.50. Calves—Receipts. 200; market. 50c higher: choice. $8.50@10; medium to good. s6® 8: common to medium. $4.50® 5.50. Sheep—Receipts. 200; market steady: ewe and wether lambs. 57.50; buck lambs. 56.50: seconds. [email protected]: clipped sheep. $2.50 @3.56. Wednesday’s shipments: Cattle. 63: calves. 113; hogs, none; sheep. 234. Bu T 7 nitrd Press CINCINNATI. Sept. 25.—Hogs—Receipts. 3,300. Including 2,000 direct: held over 100: dull, steady to weak; 200-240-lb., averages mostly $10.50: few sales. $10.35; nothing done on heavy weights: 160-180 lbs., underweight. $9.50 0 10: 130-150 lbs.. s9® 9.25: sows mostly 25c lower at [email protected]. Cattle—Receipts. 375: calves. 225; generally steady: lower grade steers and heifers. $5 @7.50; some up to $8.50; sprinkling of yearlings reaching $10; most beef cows. $4.7505.75; bulk low cutters and cutter cows. s3@4: bulls, $6 down; vealers erratic, about steady: few selected lots sl4: mest good and choice around sl3; lower grades. s7® 11.50. Sheep—Receipts. 1.300: better grade lambs weak to 50c lower: bulk. $8.50 @9; medium and buck lambs. $7®7.50: common throwouts. $6®6.50; sheep steady: fat ewes. $2.5004: culls downward to sl. Bu United Press FT. WAYNE. Ind.. Sept. 25.—Hogs—Market steady to 10c lower: 110 lbs. down. $8: 110-120 lbs.. $8.25: 120-130 lbs.. $8.50: 130140 lbs. $8.65: 140-150 lbs.. $8.90: 150-160 lbs.. $9.15; 160-180 lbs.. *9.50: 180-200 lbs.. $9.65; 200-225 lbs.. *10: 225-250 lbs.. $10.10; 250-300 lbs.. $10.25; 300-350 lbs., $10; stags. $6: calves. *l2: lambs. 7.50. Bu United Press CLEVELAND. Sept. 25.—Hogs—Receipts, 1.500: holdover. 160: steady, spots 10c lower: 180-250-lb. mixtures including few over 210 lbs.. $10.40 to mostly $10.50: 160180 lbs.. *10.15 to mostly *10.25: pigs, downward to $9.50. Cattle—Receipts. 125: common steers around *7.2507.75- cutter to common cows. [email protected] and sausage bulls *6 downward, unchanged. Calves —Receipts. 350: vealers. strong to 50c hightr: grades, medium upward showing advance, good to choice offerings. 514®15: common and medium, *[email protected]: culls downward to *B. Sheep—Receipts. 1.100: lambs. 25c and more lower, draggv. 53.50® 9; few at $9.25: extreme top: common to medium throwouts. $5.50@7: sheep, weak. Bu United Press TOLEDO. Sept. 25.—Hogs—Receipts. 650: market, steadv to 25c higher: heavies $9.75® 10.25: mediums. slo® 10.25: Yorkers. s9® 9.50: pigs. *9® 9.25. Cattle—Receiptst. light: market, slow. Calves—Receipts, light: market, steady. Sheep—Receipts, light: market, lower. Bn United Press EAST ST LOUIS. 111.. Sept. 25.—Hogs— Receipts. 8.500: market; opened steady to 15c higher; pigs and light lights strong to 25c up; most 170-210 lbs.. *9.90010.10; small lots of stronger weights up to *10.25; 139-150 lbs.. *9.2509.85: pies. *8.250 9.25, sows *7.7568 25. Cattle—Receipts. I.Bo'j. Calves—Receipts, 1.209: market; scarclv enough native steers to make a mark t: vealers 75c higher: other classes strong; a few western steers. *6.600 7.35: top i iusa;e bulls. *5 Sh-eo— R“c£ots. 2 500: markrf fat '"m’-r cne.ned 25c ■wer: bidding .O'. er on 'hrowoii sand shP-.p: few fat lambs to Dicker.* at 57.27, small lot; to city butchers, *7.72,

BELIEVE ITORNOT

W&QHIR OoipCAH , A volcAMic Cone, inhabited b/ the dutch 4j|| M SHIPBUILDING 15 THE CHIEF INDUSTRY % If I -NEVERTAf* " "Y', L ~ IN A RACE BEFORE /W =a* °* meA —'• ■, W lsc Gras. Bnuw 1 ***'

Following is the explanation of Ripley’s “Believe It or Not,” which appeared in Wednesday’s Times:, The Thirty Airmail Letters From Thirty Cities —During a recent “Believe It or Not” contest, conducted by the Seattle Post Intelligencer, Oscar Shaw McDowell of Seattle collected and submitted thirty correct answers, from thirty different major cities, mounted on an airplane propeller. Mr. McDowell set a record for such a collection, the thirty let-

HOME STYLE SHOW WILL OPEN FRIDAY

23 Stores Participate in Furniture Exposition, Ending Oct. 4. The Indianapolis home furnishings style show a unit of the national home furnishings style show, will be inaugurated Friday morning in the stores of twenty-three local dealers. The exhibition will feature the latest styles and ideas in home furnishings and will last for eight days, ending Oct. 4. The local show represents weeks of preparation and extensive planning on the part of all dealers participating. Each will have on display in his store the newest merchandise gathered from summer markets especially for showing during this exhibition. Manufacturers have co-operated in this industry-wide movement and have produced masterpieces in furniture craftsmanship for the event. More than 11.800 dealers in all parts of the country will take part in the movement. • Local stores co-operating in the show will hold open house throughout the entire period and invite all Indianapolis to visit often and inspect the interesting displays and exhibits. Many of the dealers will keep their stores open evenings to accommodate visitors who find it inconvenient to attend at any other time. Special features of entertainment will be provided. In addition to these features, competent guides will be ready at all stores to escort visitors and answer any questions on furnishing problems. One feature of the opening day of the show will be the national home furnishings style show radio program presenting Dorothy Dix in a talk of special interest to those interested in the vital problems of the home. The program will be broadcast over station WFBM Friday evening from 5:45 to 6. The Indianapolis style show will be on the ai” with its program tonight, 7:15 to 7:30, over station WFBM. This program will be devoted to the local movement. Music will be provided by an eightpiece string orchestra. Daily announcements by leaders in the local movement will be broadcast throughout the style show period over WFBM.

Net Changes

Bn United Press NEW YORK, Sept. 24.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: uo. off. American Can 123% ... l'e American and Foreign Par. 59% ... 3% American Smelting 58'a ... 4% American Telephone 209 ... 2‘* Anaconda 39:>4 ... 2% Byers 66 ... 3 Case. J. 1 154 ... 6 Consolidated Gas 105 ... I*2 Electric Power 65 ... 3 General Electric 66 i 1% General Mootrs 41*2 ... 1 Houston Oil 63 ... 5*4 International Telephone.... 37% ... I 3 * LOtsw's. Inc 73 5 * ... a North American 98*2 ... 2 Packard 12’ ... * Pennsylvania mnchanzedi. 71% Ridio Corporation 333, ... 1 Radio-Keith 30% ... Ji Standard Oil. New Jersey.. 6a 3 4 . % Standard Oil. New York... 30 % Onion Carbide "1% .. 2 Vtnadlum 69% ... 10% Westinghouse Electric 137 ... 3% Chicago Stocks Opening 'Bv James T. Hamill ti Co.l —Sept. 25Open. Open. Auburn Mo .. 108 ilns 6s 1940 100 '4 Bendix Avia... 28' 2 Mai Hshld 2o 3 4 Cerd Corpr.. . 7 Midi Dn com . . 21% Chvo Cpn com. 11 -.-. Mid com 26 3 , Cluio Con Did. 43% Nafl Pw * It. 54 Chao See . 20*2 Mo- t So Am. 14% Geu Thea Eauip 20 S ii* fz Cos. 23% Gries’-v Gru ... "% TT S Rad As Tei. 23 Elec Hshld .... 40 m< t-. Ind com. . *2% Insuil c0m...... 5244 Ut At Ind pid... 32'*

On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

ters representing 154,580 miles covered in 2,750 minutes. Ouda Abu Tayi Killed EightySix Men in Combat —This suggestion was submitted by the world famous writer, Lowell Thomas. Auda Abu Tayi, chieftain of the Howeitet tribe, is considered the most famous fighter in the Arabian desert today, and during the Arabian revolution was an intimate associate of the well-known Colonel Lawrence. During his

The City in Brief

FRIDAY EVENTS Exchange Club luncheon. Lincoln. Optimist Club luncheon. Claypool. Altrusa Club luncheon. Columbia Club. Knights of Columbus luncheon, SpinkArms. Fhi Delta Theta luncheon. Chamber of Commerce. First Ward RepubUcan Club meeting, Clark’s hall. 8 p. m. Master Painters’ Association luncheon, Antler’s. Indianapolis Round Table luncheon, Lincoln. Delta Tau Delta luncheon, Columbia Club. Reserve Officers’ Association luncheon. Board of Trade. Delta Chi luncheon. Spink-Arms. William O. Wheeler, Indianapolis, has been designated the Indiana member of the attendance committee for the convention of the National Restaurant Association in Cleveland, Oct. 6 to 10. Second annual conference of the state Y. M. C. A. will be held Oct. 8 and 9s at Turkey Run, with C. A. Tevebaught, state secretary, in general charge, it was announced today. First Ward Republican Club will stage a Japanese party Saturday night in Veritas Masonic temple, Roosevelt avenue and Adams street, at which dancing will follow a program of entertainment. Republican candidates and officials have been invited. “Japan’s Valuation of Jesus’’ will be an address to be given through an interpreter by Professor Yokichi Hiiai, president of girls’ school in Tokio, at a supper at 7 tonight in the Third Christian church. The St. Catherine’s Dramatic Club will give a three-act play, “Who Wouldn’t Be Crazy?” at St. Catherine’s hall, Shelby and Tabor streets, at 2:15 and 8:15 Sunday. An illustrated lecture will be given by Dr. E. J. Pace, religious cartoonist, at 8 Friday night in the First United Brethren church, Park avenue and Walnut street. Charles T. Moreland has been named general manager of the Indianapolis branch of the John Deer Plow Company, Moline, 111. Moreland succeeds R. D. Rutherford, who died in this city recently. Record of the present congress in passing legislation to improve the conditions of the civil servants of the federal government was praised by Congressman Louis Ludlow, candidate for re-election, at the meeting of the women’s auxiliary’ to the Railway Mail Association, in the Pennsy gymnasium Wednesday: RETAIL OUTLET GAINS Richman Brothers Open 17 Stores in Previous Year. From a string of eight stores in 1921 Richman Brothers has increased its retail outlets to fiftyeight, it was announced today by Nathan G. Richmond, senior partner and chairman of the board. Richman's opened its fifty-seventh store at Schenectady, N. Y., Sept.' 20. and will open the fifty-eighth store at Louisville, Ky., Oct. 4. This makes seventeen stores the company will have opened this year.

Local Wagon Wheat

Citv gram elevator , are 08vir.e 74c fer No. 1 red wheat and 71c lor No. 1 hard

it Registered U. S. JL W j Patent uft ice RIPLEY

innumerable raids on the desert tribes, Auda has killed eighty-six men in hand to hand combat, not counting the Turks, whom Auda considers as women. Male Mosquitoes Can Not Bite— A meal of blood by the female mosquito is a requisite to the maturing of eggs. That is the reason for the female’s bloodthirsty habits. The male requires no such diet, and generally is harmless. Friday—The Origin of “Hurrah.”

MILLIONS SPENT FOR WABASH LOCOMOTIVES Twenty-five More Engines of New Type Are Delivered. The Wabash Railway Company just has received twenty-five new freight locomotives from the Baldwin Locomotive works to complete an order of fifty mountain type locomotives, valued at more than $5,000,000, all of which have been delivered in 1930. In drawing up the specifications for these new locomotives, careful consideration was given by the Wabash to receiving a type and size that would best take care of present day freight requirements, for increased speed and tractive power. This new type of locomotive has a length of 180 feet, a tractive force of 70,750 pounds, and weighs more than 225 tons. It is especially adapted for speed, economy and safety, and will replace the Mikado type engine, built in 1925.

In the Cotton Markets

NEW ORLEANS High. Low. Close. January 10.94 10.73 10.73 May 11.28 VI.IO 11.10 July 11.46 11.27 11.27 October 10.57 10.36 10.36 December 10.85 10.63 10.63 NEW YORK High. Low. Close. January 11.02 10.86 10.90 March 11.09 10.95 10.95 May .■ 11.27 11.12 11.12 July 11.45 11.30 11.30 October 10.58 10.47 10.47 December 10.91 10.75 10.76 / CHICAGO High. Low. Close. January 11.04 10.83 10.83 March 11.20 11.02 11.02 May 11.40 11.20 11.20 July 11.53 11.37 11.37 October 10.67 10.48 11.48 December 10.93 10.73 10.73 Marriage Licenses Charles A. Whitsett. 19. of 121 South Neal, knitter, and Mildred E. Baar. 19. of R. R. 2, Box 7118. Thomas R. White. 61, of 539 East Fiftythird. minister, and Catherine L. Miller. 60, of 539 East Fiftv-third. Building Permits J. A. McMahon, repairing porch. 2618 North New Jersey. *2OO. Marv Trotte. addition. 1662 Park. SSOO. E. A. Carson, dwelling and garage. 542330 Guilford. $5,500. Woodruff Beys, garage. 4164 Park. S2OO. John Bookwalter. front poren <twostorv). 2614 Sutherland. *I.OOO. John Grande, garage. 2012-14 Olive. S2OO S. O. Stanley, garage. 1119 South State. *275. NEW YORK COFFEE RANGE High. Low. Close. January 6.27 6.27 6.27 March 6.18 . . . 6.18 May 5.89 5.89 July 6.00 5.99 6.00 September 6.47 6.40 6.40 December 6.69 6.50 6.65 RAW SUGAR PRICES High. Low. Close. January 1.15 1.14 1.14 March 1.24 1.22 1.22 Mav 1.32 1.29 1.29 July 1.39 1.37 1.37 September 1.45 1.44 1.44 December 1.13 1.11 1.11 Father cf Five Dies ANDERSON, Ind., Sept. 25. Cameron U. Studley, 64, farmer, died of injuries suffered Aug. 9, when he was crushed by a truck at Pendleton. He leaves his widow and five children.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New lork Mock Exchange f hirago Stork Exrhang. New York lotion Exchange Chicago Board of Tra<l> New York Corb A*ar.rlatio> Rooms 200*214 Circle Tower Telephone i.ln-olr

SEPT. 25, 1930

SALES FEATURE STOCK TRADES AFTERUPTURN Tractions Are Strong Spot Around Noon; Steel Sells Off.

Average Stock Prices

Average of thirw industrials for Wednesday was 222.10. off 4.65. Average of twenty rails was 127.64. off .79. Average of twenty utilities was 81.57. off 1.13. Average of fortv bonds was 97.58, up .05. Anew hlga for 1930. Bu United Press NEW YORK. Sept. 25.—Selling was resumed on the Stock Exchange today after a brief period of steady prices. Many issues dropepd to new low ground for the year or longer, with losses ranging to more than 6 points. Leading industrials were down fractions to nearly 2 points. Trading turned quiet as the noon hour aproached. A few strong sopts were noted such as the tractions were Manhattan Guaranteed soared 17% to 75 and the Modified Guaranteed 4% to 39' i. Interborough Rapid Transit rose 3% to 35 and Brooklyn-Manhattan Transit 2 4 2 to 75. Buying in these shares was based on moves toward unification of the city’s transit lines. Anaconda Up Anaconda copper rose more than a point above the previous close after directors reduced the dividend to $2.50 annually from $3.50 because a bigger cut or elimination bad been expected. Other copper shares improved with Anaconda. However, the price situation for the metal was unchanged, with one custom smelter; offering it at 10*4 cenfs a pound domestic shipment. Among the issues making new lows for the year or longer were J. I. Case 147%, off 6%; International Harvester 68%, off 4%; Richfield Oil 12%, off 2%; Packard 11%, off %; Chrysler 23%, off VA; Rio Grande Oil 11%, off 3%; Sinclair 18%, off Vs, and Standard of New York 29%, off %. Steel Sinks Around noon United States Steel was at 160, off 1%; General Electric 65%, off 1%; American Can 123, off %; Vanadium, 67%, off 2%; Allied Chemical 252, off 3; Eastman Kodak 202%, off 2%; Auburn Auto, 105, off 3%. Utilities were off fractions to 2 points. Oils continued to react. Call money held at 2 per cent, with concessions to 1% per cent in the outside market.

Bank Clearings

Thursday. Sept. 25 INDIANAPOLIS STATEMENT Clearings $2,490,000.01! Debits 5,735,000.00 CHICAGO STATEMENT Fu Times Svcrial Clearings $97,200,000.00 Balances 16,600,000 00 NEW YORK STATEMENT Clearings $994,000,000.00 Balance 166,000.0P'\P!> Federal Res. Bnk. Cr. Bal.. 123,000,00 .00 TREASURY STATEMENT Net Balance for Sept. 23.. .$339,202.07. *8 Expenditures 6,024.88i 1 Customs reels, month to date 27,817,605.

In the Stock Market

tßv Thomson & McKinnon i f NEW YORK, Sept. 25.—1f sentiment were more engrossed in the actual development of business rather than rumors and timidity therefrom, we doubt that it would be so depressed. The gain in steel demand and the increasing interest noted in pig iron, the latter long regarded as an important trade indicator, should be viewed most cheerfully. Then, too, the increased employment during Septtember, as announced by President Green of the American Federation of Labor, is an encouraging factor. Nor should it pass unnoticed the consensus of opinion of a large group of railroad executives and shippers meeting in Toledo. They see an upward turn in business conditions, and evince decided optimism. We were told Wednesday that a large chemical manufacturer stated that his September business was running ahead of last year. The recovery in the German bonds and the statement of President Hindenburg should quiet much of the apprehension over the German situation. How exaggerated the influence of foreign political upheavals may become, we have only to note the recent recovery in the Argentine bonds, to say nothing of the confidence expressed by American bankers in arranging new financing for that South American republic. Fear rather than cool judgment seems to be ruling the stock market momentarily. That it will not prove enduring we are confident. New York Curb Market —Sept. 25Close: Closa. lAm Com Pwr A. 194* Lion Oil .... 17 Am Gas & El .1161, Midwest Ut 26 ! , Am Lt & Tr.. 57 Mo Kan Pioc . 15', Ark Gas § 7 r, Mt Prod a Aviation of Am. 4a (National Inv ... 11 Brazil P Sc L . . 34’s Newmont Min 82 J Can Marc 3 3 / Nla Hud Pwr 15 Cities Serv ... 27 Niles 29'i Cord 614 Pantepec 2V, Crocker Sc Wh. 12 Penroad 10 ! * I Dixie Gas ... 23', Prince Sc Whtiv 8-, Durant Mot ... 3' a Salt Creek 9' * Elec Bond Sh .. 70 Sel Indus s>. Fokker 13’, i (Shenandoah .... 9 1 * Ford of Can ... 26 Std of Ind 47', Ford of Em ... 17 44 Std of Kv 28‘i Ford of France 11 Stutz I', Fox Theater ... 8 3 rang Air Trans 7', Goldman Sachs 16‘ 2 Un Gas ( newi. 13 1 1 Gulf OH 109 3 ,Un Lt Sc Pwr. 34 5 * Hudson Bav ... 6 3 4 Un Verde .... 4 Humble Oil 80 3 , Ut In Ind . . . 12 Insull Ut .... 51 Vg'Ut Pwr .. . 16”, Tn Pete 17H Vacuum Oil 74 1 Ur WILD inßstmfn t CO j | j North American Trust j Shares A Fixer 1 Trust 12* E Market Uncola 6884 j