Indianapolis Times, Volume 42, Number 119, Indianapolis, Marion County, 26 September 1930 — Page 25
SEPT. 26,1930.
STOCK SHARES SHOW STRONG UPWARD TREND Steel Moves Up Following Early Morning Dip; List Gains.
Average Stock Prices
Averse* nl thirty Industrials for Thursifsv was 217.75. off 4.35. Averse* of twenty rails was 127.67. off 97. Averse* o' twenty utilities was 79.60. off 1 97 Avtraee of forty bonds was 97.64. ud .06. Bv United Press NEW YORK, Sept, 26.—The stock market rallied substantially in the firrt two hours of trading today. Around noon the list was to 2 points above previous closing levels. The opening was irregularly lower, with many Issues making new lows for the year or longer. Support developed on the lows and trading continued fairly active, although quieter than the first half hour, when business was at the rate of 5,000,000 shares for a full session. Steel Gains United States Steel around noon was at 1604&, up 2 points net; General Electric 6516, up 7 6; American Can 124’/i, up 1U; Vestinghouse Electric 125 >i, up V, Vanadium 67%, up 1%; Case 14516, up 14; Diamond Match 215, up 4?4; Consolidated Gas, 104’/;, up l',i; American and Foreign Power 59, up I*4; Electric Power and Light 64, up I*4, and American Telephone 208*4, up I*4. Sentiment was little changed, but the trading element believing the list was due for a technical rally was less reticent about placing buying commitments. News to Bearish News of the day had little bearing one way or the other on the market. Overnight report that brokerage loans were unchanged during a period of market liquidation was considered bearish. TTie drop of H of 1 per cent in time money rates also was construed bearishly since it was taken to indicate less demand for funds by business. Railroad reports for August were better than July, but still well below August, 1929. Call money held at 2 per cent, but was offered at I*4 per cent in the outside market. Wheat and corn sold off. Cotton fixtures were steady around the previous close.
Bank Clearings
INDIANAPOLIS STATEMENT —Friday, Sept. 26 Clearings $ 2.482.000-.00 Debits ..V 6,018,000-00 CHICAGO STATEMENT Clearings $ 107.700,000 00 Ea lances 12,000,000.00 NEW TORK STATEMENT Clearlhgs $1,248,000,000.00 Balance . 210.000.000 00 Fdl. Res. Bnk. Cr. Bal 154,000,000.00 TKEASCRY STATEMENT Net, balance for Sept. 24...$ 337,346,843.01 Expenditures 6,908,450.68 New York Curb Market —sept. 26 11:301 11.30 AmComPwr... 19'i Lion Oil 16 Am Gas & El. .115%, Midw tit 26% Am It. & Tr. ... 56% Mo Kan Pipe... 14% Ark Gas 8% Mt Prod 8% Brazil U & L. 34 |Nat Inv 10Vi Can Marc 3% Newmont Min... 82% Cities Serv ... 26% Nia Hud Pwr... 14% Cons Gas 115% Niles . 29% Cord 6% Noranda 20% Crocker &Wh.. 11% Penroad 10 Fokker 13% Prince & Whtly 8% Ford of Can 26% Salt Creek 9% Ford of Eng... 17% Shenandoah ... 9% Fox Theater... 8% Std of Ind 45% Goldman Sachs 16%1Un Gas (new). 13% Gulf Oil 108 Un Verde 8% Hudson Bav.., 6%'ut j n nrd 12% Humble 0i1.... 80%Ut Pwr ... 16% Int Pete 17%:Vacuum 0i1... 72% Chicago Stocks Opening (Bw James T. Hamill & Cos.) —Sept. 26 — Open.i Open. Assoc Te! Util. 22% 'Ins 6s 1940 99% Aub Motors ....104%'Lion Oil 16% Bendix Avia 26 |MaJ Hsehld.... 21% Cord Corpn.,.. 6%'Marshal Fields.. 38% Con Ch Cp pfd 47 'Midi Un com.. 24% Cheo Cpn com. 10%Mtdl Un pld... 43% Cheo Cpn pfd. 43% Middlew com... 26% Cheo Sec ... . 20%'Nat’l Pw & Lt. 63 Gen Thea Equip 30 Swift & Cos 29 Orlesbv Gru.... 7 !u S Radio & Tel 22 Houdl B 7%|Util & Ind com 12% Elec Hsehld 40 'Util & Ind pfd.. 22 Insull Com 51% I Aged Woman Burled Bv Time* Pnecinl HARTFORD CITY, Ind., Sept, 26. —Funeral services were held today for Mrs. Ann Dee, 83. widow of Thomas Dee, whose health rapidly failed after she drank a quantity of lye water by mistake. She leaves three sons, Garrett, Thomas and Timothy Dee, and a daughter, Mrs. Jenry Du Jardin. all residents here.
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New York Stocks
—Sept, as— _ Frev. Rjllrr4 High, Low 11 30 close. i Atchison 213% 213% 213% Atl Coast Line U-S.t Balt b Ohio ... Chesa b 0hi0... *876 47a 46*6 471, Chesa Corp ... Chi Ort West • - ® Chi N West 59 58 -68 59 Del L& W 113*4 13% Del b Hudson - I S2 Va Erie Ist pld 5?,4 Great Northern 74 74,a Illinois Central }}3 Lou b Nash „ ... llf„ ÜBl4 MKAc T 3674 3574 35% 357a Mo Pacific 86 60 Mo Pacific pld . • 118! N Y Central ....156*4 155% 106 1377a Plat* . ... 93 • NY NH * H 99>4 99'. 994 100 Npr Pacific •••,, -jg Norfolk b West 227*4 228 Fere Marq ...... .. ... 127 ... Pennsylvania ... 71% 71 71 .71, 4 Reading ■■■ So Pacific • ... 113 4 113la Southern Rv 81’4 80 a 81 81 a St Paul }2J6 13* St Paul nfd ... 19H 19*? Unlon & Paclflc".‘.2l2% 212 212% 212** W 3 Maryland.::: i? 4 '19% 194 19% Equipments-- v Am Car b Fdy 7 * Am Locomotive.. .- ... 39 39 Am Breei8 r eei Fd 36*/a 35 35 35 4 Am Air Brake S ..... % Gen Am Tsnk... 80 79*4 80 80 ; General Elec... 64 4 83 s 63 a 64 ? Gen Rv Bignal. 73'/? 75 75% 7o ,s Lima L0c0... 22 22 N Y Air Brake.. .. ... ... 39% Press Stl Car... 6*4 * -?/? Pullman ........ 65 *% 64% 65% Westingh Ar 8.. 39% 38% Westlngh Elec . .13474 132% 134*4 134% Rubbers— Firestone *?, Goodrich ::: :: ::: '2i% 20% Goodyear .W.... 51% 51-4 51% 51V? Kelly Sprgfld... .. , ... 2% 2% U S Rubber 157? ;5 15 15,? Auburn .........104*a 103 103 106 Chrysler 24% 33'.? 24% 24% Graham. Paige.. 41'? 41% 417s % Hudson 26% 25% -6 25 a Hupp 10*4 10 a 10% 10V? Marmon • ■ ■ 8 Nash , ••• 3074 31 Packard 11% 107a 11 11% Pierce-Arrow • 25 Reo 12 11 Vs 12 117a Studebaker 28 27 28 28 Yellow Truck .. 16% 18 16*4 167a Motor Access— Am Bosch , ••• 29 Bendix Aviation 26% 25% 26 26% Borg Warner ... 24% 23% 24 2476 Briggs 17Vs 16% 17 17 Budd Wheel 974 974 Eaton 21*4 21*6 21*4 20% El Storage B ..• .• ... ... 59*4 Haves Body .... 5*6 5% 5*4 5% Houda ...: 7% 7 7 7% Motor Wheel 19, Sparks W 1874 13 18 18*4 Stewart Warner, 23 2274 22% 23’4 Timkln Roll .... 60 5974 5974 59*4 Mining— Am Metßls 25 Am Smelt 54 52 52 5474 Am Zinc 774 7*4 7*4 ... Anaconda Cop .. 39% 39% 39% 4074 Cal b Hecla 11 Cal & Arlz 45 44% 44% 43% Cerro de Pasco.. 3974 38% 38% 38% Dome Mines ... 8% 8% Freeport Texas.. 4274 4174 4174 4274 Granby Corp 19 Great Nor Ore.. 2074 20 20% 20 Howe Sound ... 27% 28 Int Nickel 2174 21% 21% 2174 Inspiration 11% 11*4 11 *4 11*4 Kennecot Cop... 31% 31% 31% 31% Magma Cop 29 72 29 % 29% 2972 Miami Copper .. 13 12% 12% 13 Nev Cons 12% 12*4 12% 12*4 Texas Gul Sul.. 56% 58*4 5674 56% U S Smelt 21 2074 2074 217a OUs— Amerada ... 3174 31 Am Republic ~ 15 Atl Refining 30 29 74 29 74 30*4 BarnsdE.ll 20% Beacon . • • 13 5 a ... Houston 59Va 58 *£ 59 V* 59 Vz Ind Oil 21% 19% 20% 21*4 Indian Refining.. 10*4 9% 9-4 9'* Mex Seaboard.. 19% 1974 1 974 1 9'? Mid Conti 21'4 31 21 3174 Pan-Amer (B).. 54% 53*4 53% 54 Phillips 2874 2774 2774 28% Pr Oil b Gas 30 31% Pure Oil 1774 1774 Richfield 1174 11 , 11 12 Royal Dutch 46% 46*4 46% 46% Shell Un 12*4 12*4 127a 1274 Simms Pt .. ... 17 Sinclair 18 1 774 17% 17% Skellv 25% 25% Standard of Cal 56% 56 56 56% Standard of N J 63% 62 4 62% 63% Standard of N Y 28% 28% 28% 23% Texas Cos 49% 49 % 49% 497* Union Oil 36 36 Steels— Am Roll Mills... 46% 4474 44*4 46% Bethlehem 82% 81 % 82 82% Byers AM 6274 6174 61% 6274 Colo Fuel 42 42 Cruc Steel 89 Inland <674 Ludlum 1974 1 874 18 % 20 Midland . • • 2574 Repub I& S ... 29 24% 24% 297a US steel... 159% 158% 1587; 1587a Youngst S & W 36% Tobaccos— Am Sumatra ... 1074 Am To (Anew). .. ' 118 Am To (B new) 121 12174 General Cigar 43 Lig & Myers (B) 9674 96 Lorillard 19% Phil Morris 1174 Reynolds Tob ... 49% 49% 49% 4974 Std Com Tob 474 Tob Pr A 12 Tob Pr B 3% 4 United Cig 67a 674 674 674 Utilities— Abitibt 17 Adams Exp. 24% 2474 2474 2474 Am For Pwr... 5974 58% 58% 5874 Am Pwr is Li... 73 72% 72*4 73 AT b T 20774 206% 206% 206% Col Gas & El.. 57 56% 56% 577a Com & Sou 12% 12% El Pwr is LI 63% 62% 63 62*4 Gen Gas A 874 7% 8% 8% Inti T As T.... 36% 36*4 36% 3674 Natl Pwr & LI.. 41% 41% 41*? 41*4 No Amer Cos 95% 94% 95% 96'? Pac Gas Ac El.. 55% 55% 55% 56 Pub Ser N J ... 88% 87% 87*5 88*4 So Cal Edison.. 5674 55% 55% 56 Std G Ac E 1... 91 90% 90*8 91% United Corn.... 29% 29% 29*4 29*4 Ut Pwr As L A.. 33 74 33 * 4 33 74 33 7 4 West Union ...157 156 156 157 Shipping— Am Inti Corn... 32 31% 31*4 32% Inti Mer M pfd 20 207? United Fruit.... 82 81% 82 82 Foods— Am Sug 47V? 48 Armour A 4*4 4% 47? 4% Beechnut Pkg . . 55 Ca! Pkg 60% 61 Can Drv '. ... 60% 60*4 Childs CO , 49% 4974 Coca Cola 179 180 Cont Baking A ... -6% Corn Prod 85 84% 85 85% Cudahy Pkg ... 4274 Cuban Am Sug.. . .. 3*4 Ger. Foods 5374 53 53’a 53% Grand Union . 13% 13% Hersey 90% 90% 90% 91 Kroger 29 28% 28% 28% Nat Biscuit 81 80% 81 81*4 iPillsbury .. . 31 32 Safeway St 64% 64 64% 64%
ißy Thomson a. McKinnon P
Std Brand* ..... 18% 18 16 18% Ward Bkg ... 7% 7% Drugs — Coty Inc .. ... IS 16 Lambert Cos 86*4 86% Lehn A; Fink ... 26% 28 25 28% Industrials— Am Radiator ... 24 33*4 23% 23% Bush Term 34% 34 34 35% Certalnteed 6 Gen Asphalt 37 37 Otis Kiev 62 62%. Indus Chema— Allied Chem 24974 248 249*4 254 Com Solv 23 2274 22% 22% Union Carb 71 69 70% 71 U S Ind A1c0....-6774 66% 6746 67% Retail Stores— Assoc Dry Gds.. 31% 31 31% 31% Gimbel Bros 10% 10*4 10% 10% Kresge S 6. 29 28% Mav D Store ... 41% Mont Ward 32 31 *4 31% 32 Penny J C..,.. 48*4 48% 487* 487i Schulte Ret St.. 7 6% 7 7 Sears Roe ... 637? Woolworth 6174 60 S S 61% 61% Amusements— Bruns Balke 15 1574 Col Graph 14% 14 14% 147* Eastman Kod ..200 199 200 200 Fox Film A 47 46 47 47*4 Grigsby Gru .... 7 6% 7 774 Loews Inc 73% 72% 73*4 73 7? Parara Fam .... 55 54*4 55 54% Radio Corp 31% 28% 29% 30% R-K-O 28*4 27*4 27% 28*4 Schubert 13*4 Warner Bros .... 2574 '2574 2574 25% Miscellaneous — Airway Aon 12 12 City Ice Ac Fu.. .. ... 387'? 3874 Congoleum 10*/? 10*4 10% 10% Amer Can 123% 1217a 123% 123*4 Cont Can 54*4 5374 54 547? Curtis Wr 5% 5 5% 574 Gillette S R ... 59% 58% 58% 5874 Real Silk 43 41 43 4174
Produce Markets
Eggs (Country Run—Loss off delivered in Indianapolis. 20c; henery Quality No. 1 23c; 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 scrinEers. 17c; old cocks. 9@loc: ducks, full feather, fat white. 11c; eeese. Bc. These prices are for No. 1 top duality Quoted bv Klngan Ac Cos. Butter (wholesale) —No. 1. 41®42c: No. 2. 397i 40c. Butterfat—39c. Cheese (wholesale selling, Drice per poundi—American loaf. 31c: pimento loaf. 32c; Wisconsin firsts. 27c; Longhorns. 34c: New York Limberger. 36c. 8 1/ United Press NEW YORK. Sept. 26.—Flour—Quiet and unchanged; spring patents, [email protected]. Pork—Dull; mess, $32.50. Lard—Steady: middle west spot, [email protected]. Tallow—ouiet: special to extra,474 @s%c. Potatoes —Weak; Long Island, [email protected] barrel; Maine, [email protected] barrel; jersey, $1.25@3 basket. Sweet potatoes—Firm; southern baskets, [email protected]; southern barrels. s2® $3.50; Jersey basket, 65c@$3. Dressed poultry—Steady to firm; turkeys, 22@50c; chickens, 20@39c; fowls, 13@31c; ducks, 12@15c; ducks. Long Island, 17@20c. Live poultry—Steady to firm; geese, 12@16c; ducks, 15®26c; fowls, 17@26c; turkeys, 25@30c: roosters. 14@15c; chickens, 21® 30c. Cheese—Quiet and steady; state whole milk, fancy to specials, 24@26c; Young America, 20@25c. Bn United Prose CHICAGO, Sept. 26.—Eggs—Market, firm; receipts, 2,909 cases; extra firsts, 25c; firsts, 24c: current receipts. 20@21c; ordinaries. 18® 19c; seconds, 12@T7c. Butter—Market, 'firm; receipts. 8.418 tubs; extras, 38c; extra firsts. 36@36*%c; firsts, 33®347ic% seconds, 31®32c; standards, 36%c. Poultry—Market, steady; receipts, 1 car: fowls, 2174 c; springers. 23c; Leghorns, 16c: ducks. 15@18c; geese. 15c; turkeys, 18c; roosters. 15c; broilers. 22c. Cheese—Twins, 18@187?c; Young Americas, 19c. Potatoes—On track. 289; arrivals, 97; shipments, 811; market, steady; Wisconsin sacked Irish Cobblers, $1.95® 2.25: western sacked Bliss Triumphs. $1.70@2; Minnesota and North Dakota Red River Ohios. $1.90@2,10. Idaho sacked Russets. [email protected].
New York Bank Stocks
—Sept. 25Bid. Ask. America 91 93 Bank of United States 37% 38% Bankers 138 139% Brooklyn Trust 700 710 Central Hanover 332 335 Chase National 133% 135 Chatham Phoenix Natl.... 104 107 Chemical 62*% 63% City National 147 148 Corn Exchange 168 170 Commercial 400 415 Continental 24% 26 Empire 75 77 First National 4.900 4,925 Guaranty 609 610 Irving .- 47% 48% Manhattan & Company .. 108 109 . Manufacturers 80 81% New York Trust 240 243 . Public 98% 100’% Chelsea 30 34
Local Wagon Wheat
City grain elevators are oaving 74c for No. 1 red wheat and 71c for No. 1 hard wheat. O’CONNOR IS NAMED Directs Arrangements for Party of En-Au-Ant Club. John O’Connor has been named
|g
O’Connor
Gansman. and Robert Monahan.
FIRMER TREND HOLDS PORKER PRICESSTEADY Cattle Trade Slow, Tendency Lower; Sheep Mart Unchanged. Sept. Bulk. Top. Receipts 19. 10.80 $10.90 6.000 20. 10.30 7? 10.80 10.90 2.000 22. 10.30® 10.70 10.75 5.000 23. 10-25® 10.70 10 85 5.500 24. 10.00® 10 60 10.75 5.000 25. 9.30® 10.50 10.50 6.000 26. 9.90 / @ 10.50 10.60 7.000 Hogs stopped their downward swing this morning at the Union Stockyards, price holding steady with Thursday’s best figures. The bulk, 160 to 300 pounds, sold for $9.90 to $10.50; top price paid was $10.60. Receipts were estimated at 7,000, holdovers were 27ft. The general trade was slow and draggy in cattle, with the tendency lower. Receipts were 500. Vealers sold $1 higher at $13.50 down. Calf receipts were 700. Sheep were steady with receipts of 900. Better grade lambs made the market at $6.50 to SB. Chicago hog receipts were 16,000, Including 5,000 direct. Holdovers were 4,000. The opening was around 10 to 15 cents higher than Thursday’s average. Good to choice 230 to 280-pound weights sold at $10.50 to $10.70; 190 to 215-pounders, $lO to $10.35. Cattle receipts were 2,500, calves 1,000, the market steady. Sheep receipts were 18,000, market unchanged. Hogs Receipts. 7.1)00; market, steady. —Light Lights—-(l4o-160) Good and choice $ 9.25® 9.50 —Light Weights—-(l6o-180) Good and choice... 9.90 (160-200) Good and choice 10.00® 10.10 —Medium Weights—-(2oo-220) Good and choice.... [email protected] (220-500) Good and choice... 10.30® 10.50 —Heavy Weights—-(2so-350) Good and choice... 10.50® 10.60 (290-350) Good and choice... 10.15®10.50 —PackingSows—-(27s-500) Medium and good.. B.oo@ 9.00 (100-130) Good and choice.... 8.25® 8.75 CATTLE (Slaughter Gases) Receipts, 500; 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 7.00®10.25 —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® 700 Cutter, common and medium.. 3.75® 5.50 CALVES AND VEALERS Receipts. 700; market, higher. Good and ch0ice......... $13.003>13.50 Medium 10.00®13.00 Cull and common 6.50® 10.00 —Calves—-(2so-300) Good and choice 7.50®10.00 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 (800-1.050) Good and choice 5.50® 7.50 Common and medium 3.50® 5.50 SHEEP AND LAMBS Receipts. 900; market, steady. Good and choice $ 6.50® 8.00 Common and medium 3.50® 6.50 —Ewes— Meduim and choice 2.50® 4.00 Cull and common I.oo® 2.50 Other Livestock By United Press CHICAGO. Sept. 26.—Hogs—Receipts, 16.000. including 6.000 direct; barely active, mostly 10@15c higher: advance partly lost: top. $10.70: bulk, 230-300-lb. weights. $10.25 @ 10.70; 180-220-lb. weights. $9.90® 10.25; packing sows, $7.50®8.75; light lights. 140160 lbs., good and choice. $9®9.75; light weights. 160-200 lbs., good and choice, $9.50 ®10.20; medium weights, 200-250 lbs., good and choice. [email protected]; heavy weights. 250350 lbs., good and choice, $10.10®10.70; packing sows. 275-500 lbs., medium and good. $7.25®9: slaughter pigs. 100-130 lbs., god and choice. sß®9. Cattle—Receipts, 2,500; calves, 1.000; general trade fully steady, barely active: several loads yearlings. $12.78; top. $12.85; best heavies, $11.75; market on weighty bullocks firm at Thursday’s decline, but lower than week’s high time: all other classes getting good action; week’s supplies of Stocker and feeders well cleaned up; slaughter cattle and vealers. steers. 600-900 lbs., good and choice, $11@13: 900-1.100 lbs., good and choice. $10.50®13: 1.100-1.300 lbs., good and choice. [email protected]: 1,300-1,500 lbs.. good and choice. $9.50®12.50; 600-1.300 lbs., common and medium, $6.50®10.25: heifers. 550-850 lbs., good and choice. $10.50®12.75; common and medium. s6® •10.50; cows, good and choice. $5.25®8.25; common and medium. [email protected]; low cutter and cutter cows. $3 @4.25; bulls, yearlings excluded, good and choice, beef, [email protected]: cutter to medium. [email protected]; vealers. milk feed, good and choice. $10.50 @13.50: medium. SS.SC@II; cull and common. [email protected]: Stocker and feeder cattle. steers. 500-1,050 lbs., good and choice, $7 25@9: common and medium. [email protected]. Sheep—Receipts. 18.000: fat lambs generally steady: bulk moderately sorted natives and rangers. [email protected]; strictly choice kinds scarce; late sales rangers. $7.50® 7 75: few to outsiders at $7.85; sheep 25c lower; few medium to good ewes. $2.50@5: feeders steady; bulk desirable kinds. $8.50 ®7: slaughter sheep and lambs, lambs 90 lbs. down, good and choice. s7® 8. medium $5.75@7: all weights, common. [email protected]; ewes. 90-150 lbs., medium to choice. $2.25 @3.75; all weights, cull and common. $1.25 @2.50; feeding lambs. 50-75 lbs., good and choice. [email protected]. By United Press EAST BUFFALO. N. Y.. Sept. 26.—Hogs —Receipts. 2.500; holdovers. 300; fairly active, mostly to. packers; generally steady; weights above 200’ lbs. scarce: bulk. 170190 lbs. $10.35®10.50: few 200-220 lbs.. $10.60; 140-160 lbs., [email protected]: pigs, largely $10; packing sows 25@35c higher. $8.25@ 8.75. Cattle—Receipts, 200; mostlv cows, steady; cutter grades. $2.75@4. Calves— Receipts, 500; vealers active; generally steady. sl4 down. Sheep—Receipts. 1,800: fat lambs fully 25c lower; quality and rigid sorts considered; good to choice. [email protected]; bulk, [email protected]; throwouts, [email protected]; fat ewes. $3.75@4. Bv Times Soerial LOUISVILLE. Kv.. Sept. 26.—Hogs—Receipts. 600; market, steady; 300 ibs. up. $9.50: 200-300 lbs., $10.25: 175-200 lbs.. 59.75: 130-175 lbs.. $8.55; 130 lbs. down, $6.70: roughs. $7.25: stags. $6.25. Cattle— Receipts. 200: market, steady: prime heavy steers. $8 50@10; heavy shipping steers. $7®8.50: meduim and plain sters. $5.50® 7: fat heifers. $5.50® 10; good to choice cows. [email protected]: medium to good cows. $3.25 G 4: cutters. [email protected]: canners. [email protected]; hulls. $4 @5.50: feeders. $6@7:50: Stockers, [email protected]. Calves—Receipts. 300: market. 50c higher: choice, $910.50: medium to good. [email protected]: common to medium. s4® 6. Sheep—Receipts. 200: market, steady: ewes and wether lambs. $7.50: buck lambs. $6.50; seconds. [email protected]; clipped sheep. $2.5033.50. Thursday’s shipments; Cattle. 95; calves, none; hogs. 330; sheep, none. Bn United Press CINCINNATI. Sept. 26.—Hogs—Receipts. 3,984. including 1,284 direct: held over. 130: slow, mostly steady: spots 10c higher on better grades scaling upward from 200 lbs.; bulk desirable 200-250-lb. averages, $10.30: few loads, $10.60; most 160-180 lbs.. $9.50 @ 10. 130-150 lbs.. s9® 9.25; sows 25c lower; bulk. $7.75@8 Cattle—Receipts. 350; calvts 375; generally steady: spots strong on steers; few In-bet wen grade steers and heifers. [email protected]: common kinds downward to $5. and a sprinkling of more desirable lightweights upward to $11; most beef cows. [email protected]; bulk low cutters and cutter cows. s3@4; bulls slow at s6down; vealers steadv to $1 lower; good and choice. $12@13; lower grades. s7@ll. Sheep—Receipts. 700; lambs slow, mostlv 50c lower; sheep weak to 50c lower; better grade lambs mostlv $8; strlctlv choice' nuotable up to $8.50; medium grades and buck lambs. $6.50@7: common throwouts downward to *5.50: roost fat ewes. $2.50® 3.50: culls downward to sl. Bn United Press EAST ST. LOUIS. HI.. Sept. 26.—Hogs— Receipts. 7,000; market, uneven; steady to 15c higher, pies, strong to 25c higher; bulk 180-220 lbs.. *10.10310.25, a few 240 lbs. ud to $i9.45: bulk. 150-170 lbs.. *[email protected]; sows. t.’.75'58.25. Cattle—Receipts. 800. Calves—Receipts. 600: market, good and choice vealers steadv. sl3: other classes not enough to warrant mention. Sheep— Receipts. 1.000: market, no earlv sales fat lambs: packers talking lower; asking steadv; holding bulk of lambs around *7.25. Bn United Press PITTSBURGH. Sept,. 26—Hogs—Receipts. 1.800: holdovers 900: steedy to 10c lower. 170-240 lbs. $10.25@ 10.40; 100-140 lbs.. *[email protected]. sows. SBS 8.50. Cattle— Receipts. 10: steadv. medium grade steers. [email protected]. Calves—Receipts. 125; mostly 50c higher, top vealers. *l4: bulk better grades, sll® 13.50. Sheep—Receipts. 800: slow: fat lambs, weak to lower, good to choice around $7 75@8 SO. NEW TORK COFFEE RANGE High low Close. January 6.27 6.27 6.27 March 618 . . 618 May 5 89 ... 5.89 July 6 00*. 5.99 600 September 6.47* 640 64 n December 6.6# bin
as director of arrangements for the tenth anniversary celebration of the En-Au-Ant Club to be held at the Hotel Antlers, St. Clair and Meridian streets, the night of Oct. 4. A dinner dance will feature the celebration. O'Connor will be aided in effecting the arrangements by James Custard, John
THE INDIANAPOLira TIMES
—Sept. 26 Bid. Ask Amer Central Life Ins So •Belt R R & Ydrs Cos c0m.... 50 55 •Belt R R & S Yds Cos pfd... 52% ... Bobbs-Merrill Cos 2a Central Ind Power C of pfd. .83 •Circle Theater Cos c0m...... 106 Citizens Gas 27 Citizens Gas pfd 97 102 Commonwealth L Cos pfd 7%.. 97 102 Commonwealth L Cos pf 8%..100 Hook Drug Cos com (new) 22 Ind Hotel Cos Clay pool com.. 125 Indiana Hotel Cos pref 100 Indiana Service Corp pref 86 Indianapolis Gas Cos com 57 62 Indpls North Western •Indpls Power & Lt pfd 106 108% Indpls Pub Wey Loan As com. 53 Indpls St Ry Cos pfd 8 Indpls Water Cos pfd. ~...,..101 103 Northern Ind P 5%s co pfd.. 94 96 Northern Ind Pub 6% co pfd. 101 102% Northern Ind Pub 7% co pfd.loß% 110 Interstate Pub Serv 7% 102% 104% Metro Loan Cos 99 Northern Ind P 5%s co pfd... 93 94% •Progress Laundry Cos com 43% 47% E. Rauh & Sons Fer Cos pfd . 47 Real Silk Hosiery M Inc pfd. 90 Shareholders Investors Cos 23 Standard Oil of Ind 46 T H I & E pfd Terre Haute Trae L Cos pfd.. 79 Union Title Cos com 27 . ... Van Camp Prod Cos Ist pfd 86 Van Camp Prod Cos 2nd pfd.. .. 98 •Ex dividend. BONDS Belt R R & Stock Cos 5s 91 Broad Ripple 41 Central Indiana Gas Cos 55... 99% ... Central Ind Power Cos 6s— 99 Citizens Gas Cos 5s 102 Citizens Street Railroad 55... 42 Home I ej T of Ft. Wayne 6s. 102 Ind Ry & Light Cos 5s 95 Indiana Service Corpn ss. .. 89 Indpls Power & Light Cos 55..100% ... Indpls Col & Trac Cos 6s 97 Indpls Gas Cos Ss 100 104 Indpls & Mart Rapid T Cos 12 17 Indpls Northwestern Cos 9 indpls Street Ry 4s 23 30 Indpls Trac Ter Cos 5s 78 81 Indpls Union Ry 6s 102 Indpls Water Cos 5%s 103% ... Indpls Water Cos 5s 99% ... Indpls Water Cos lie & ref ... 99% ... Indpls Water 4%s 95 Indpls Water W Sec Cos 5s .. 92 Interstate Pub Serv Cos 5%5... 92 Interstate Pub Ser Cos 5s 98% ... Interstate Pub Serv 6%s 103 No Ind Pub Serv Cos 5s ...,..103% No Ind Teleohone Cos 6s 98% iOO T H Ind 4r East Trac Cos 5s 71 T H Tfac Light Cos 5s 85 —Sales—--1 Share. North Ind Pub Serv at 109% 7 Shares. North Ind Pub Serv 7% at 110% 1 1 Share Indpls Rv 4% at 29 Other Livestock B'J United Press FT W'AYNE Ind, Sept. 26 _Hogs—Market steady; 110 lbs down. 38: 110-120 lbs . $8.25; 120-130 lbs, $3.50: 130-140 lbs.. $3.65.' 140-150 lbs., *8.90: 150-160 lbs . $9.15: 180180 lbs. $9.50. 180-200 lbs. $9 65: 200-225 lbs . $lO. 225-250 lbs.. $lO 10; 250-300 lbs . $10.25; 300-350 lbs . $lO. roughs. $7.75: stags. $6: calves. sl3. lambs. $7. Bv United Press CLEVELAND. Sept 26.—Hogs—Receipts. 1.000; holdovers. 512; medium weight butchers steadv to 10c higher; upward to $10.75. on 210-250-lb. sorts: other steady to 15c lower; 180-210 lbs, $10.40: earning mixeture on heavier weights. $10.50. 160180 lbs, $lO.lO : 250-300 lbs. ouoted $10.50; light lights and pigs, $9,504? 10 Cattle — I Receipts. 225: little done, demand narrow on all classes: around 10 loads, mostly 1 common steers on hand. Calves—Receipts, t 200: steadv: better jrrade vealers sl4@ ! 14.50. few best sls; common to gobd Slo4c i 13.50. culls downward to $3.50 and under, i Sheep—Receipts. 1.100. lambs 25£50c lower again, better grades $845 8 50. 95.50 87.50 throwcuts showing quality improvement as buyers stiffen sorts; shep weak Bv United Press TOLEDO Sept 36 Hogs—Fceir*s. 300, market steady to 10c lower, heavies, $8 sß<*-9.25. pigs. $989.25. Cattle—Receipts. 100; ‘ market steadv. Calves—Receipts, light- market slow. Sheep—Receipts, light; market alow to 50s iowtx.
Dow-Jones Summary
Rio Grande Oil Company has emitted Quarterly dividend of 50 cents due at this time. Explanation states provisions made for additional storage and necessity for accumulation of oil and gasoline in storage materially increased company s need for additional cash which was obtained from company’s banks. Telautograph Corporation declared nsal extra dividend of 5 cent* and regular quarterly dividend of 30 cents on common payable Nov. 1, record Oct. 15. Boston and Maine August surplus $597.343 after taxes and charges against *777,588 in August. 1929. Eight months $3,494.998 against $4,345,503, Maine Central Railroad eight months net $5.30 a common share against $7.30 a share in like 1929 period. Eureka Pipe Line Company declared ugular auarterlv dividend of *1 payable Nov. 1. record Oct. 15. LONDON—New York cables opened at 485 15-16 against 4.36 Paris checks Ha. 81. Amsterdam 12.05. Italy 02. <95. Berlin 20.415. 1 Chicago A Eastern Illinois August.net operating deficit $46,877 against net operating Income $408,427 in August. 1929. Eight months net operating deficit *572.578 against net operating Income $1,538,806. Missouri Pacific August net operating income $2,208,353 against $2,701,260 in August, 1929. Eight months $13,492,836 against $15,319,637. Gulf Coast Lines August net operating income $266,890 against $311,62S in August, 1929. Eight months $2,627,299 against $2,073,950. International Great Northern August net operating income $151,095 against $235,850 In August. 1929. Eight months $243,149 against $1,388,314. Ohio’Gil Company opens new black oil field in Big Horn county bringing in No 1 Easton well in section 33-06-9( Garland Dome. Well made 58.000.000 cubic feet of gas which was cased off. Flowing by heads oil production is estimated at 1,000 to 3.000 barrels daily. Reports of ninety-five public utility companies exclusive of Telephone and. Telegraph companies for July to commerce department show net after taxes of $70,550,000 against $83,000,000 in June and $71,000.000 In July. 1929. Seven months $559,050.00 against $578,500,000. National Shirt Shbps. Inc., declared regular Quarterly dividend of $2 on 8 per cent preferred payable Oct. 1. record Sept. 25. Merchants and Manufacturers Securities Company calls special meeting for Oct. 18. to consider Increasing authorized prior prefererd to 160,000 shares $3.50 nopar from 40.000 shares 7 per cent SIOO par. Outstanding 20,000 shares 7 per cent stock will be exchanged for 40.000 shares $3.50 stock. Arrangements made for sale of New York Stock Exchange membership for $275,000 off $25,000 from previous sale. Negotiations completed whereby Pute Oil Company participates with Standard Oil of New Jersey in ownership of Ajax Pipe. Line which is building ten-inch lines from Glen Fool Oklahoma to Wood River, 111. Liauid Carbonic Corporation declared regular auarterly dividend of $1 on common. Delaware & Hudson August net operating income $769,539. against $789,147 in August 1929. Eight months $3,594,862, against $4,734,961. Anaconda Wire & Cable declared 25c quarterly dividend, against 37*/?c three months ago and 75c for five preceding quarters. Brokers loans remain unchanged at $3,222,000,000. Federal reserve system ratio at 82 per cent, against 81.6 per cent week ago. and 73.8 per cent year ago. New York ratio at 86.9 per cent, against* 86.5 per cent, and 75.9 per cent, respectively. No anonuncement on rediscount rate which remains at 2% per cent. TRAIN CUT TALK SET Public Service Group to Act on Abandonment. Learning that an order already has been issued by the Big Four railroad to abandon local train service between Indianapolis and Peoria, 111., on Oct. 5, Chairman John W. McCardle of the public service commission today sent a letter to L. R. Rose, division manager, to appear for a conference on the proposed abandonment. The Indiana commission has taken the stand that it has jurisdiction over all such matters as far as the state line. It was pointd out that hearing already is scheduled on abandonment of the Crawfordsville branch of the T. H., I. & E. interurban line, which travels through the same territory. With both roads abandoned, towns served would be without any rail transportation.
Indianapolis Stocks
SALES LOWER GRAINS AFTER FIRMOPENING Corn and Oats Follow Major Cereal Down; Cash Demand Good. Bv United Press CHICAGO, Sept. 26.—A1l grains closed sharply lower an the Board of Trade today in a late break after one of the lighest sessions seen in some time. Trade was so light that even the smallest of transactions influenced prices. The market was very erratic, averaging 1 cent lower most of the day. December going to anew low. Traders have taken a waiting attitude, declining to express an opinion on the market. Corn sold off with wheat despite encouraging news. Oats were off with the other grains. At the close wheat was 2 to 2% cents lower, corn was 114 to 2% cents lower and oats were 114 to cents lower. Provisions were steady to 20 points lower. Russia Selling Pressure from Russia offset other influences at Liverpool, and kept that, market on the downward path, closing % to 14 cent lower. Exports were small overnight, but the pool was reported as having sold 1,000,000 bushels after the close Thursday. Cash prices were 1 to 2 cents lower. Receipts were fifteen cars. The heavy rains in lowa and other parts of the belt and the light snow and frost in the northwest, failed to have any effect on corn prices early today other than to hold the losses to minor fractions at mid-day. Trade Is Quiet The weakness in wheat brought pressure on com and sent the market lower. There was no other news of importance and trade was rather quiet. Cash prices were unchanged to \4 cent lower. Receipts were 100 cars. Oats had a sharp break with wheat at the start, declining more than 1 cent and holding around that figure at mid-session.. There wa ssome local selling but commission houses were good buyers on the break, causing a small rally early. Cash prices were \4 to 1 cent lower. Receipts were 31 cars. Chicago Grain Table —Sept. 26 WHEAT— Prey. Open. High. Low. Close, close. Sept.. .78% 78 *4 .76% ,70% .78% Dec... .82% .82% .80% .80% .82% Mar.. .85*4 .85% .84*4 . 84*8 . 86*4 May.. .88*8 .88% .86** .86% .89% CORN— Sept.. .85% .85% .84* a .84% .85% Dec... .82 .82% .80*4 .80*4 .82% Mar.. .83% .83% 81% .81% .83% May.. .85% .85% .83% .83% .85% OATS— Sept.. .35% .35'/* .35 .35 .36% Dec... .37% .38 .36% .36% .38% Mar.. .39*8 .39*4 .39 .39 .40*4 May.. .41% .4i% .4014 .40% .41% RYE— Sept 451* .47 V* Dec... .51 .51 .48% .49 .51% Mar.. J ft .55% .53 .53% .56% May.. J 57 .57% .55% .55% .58% LARD— Sept 11.15 11.35 Oct.. 11.20 11.20 11.10 11.10 11.20 Dec... 10.75 10.75 0.60 0.60 10.77 Jan.. 10.60 10.60 10.55 10.55 10.70 Feb 10.55 10.70 May. .... 10.70 10.80 BELLIES— Sept. 13.85 14.00 13.85 14.00 14.00 Oct 13.00 13.20 July. 12.60 12.60 12.50 12.50 13.50 Bn Times Special CHICAGO. Sept. 26.—Carlots: Wheat. 9: corn. 75; oats. 30: rye, 2. and barley, 25. By United Press CHICAGO. Sept. 26.—Cash grain close: Wheat—No. 1 hard. 81@81V?c. Corn—No. 2 mixed, 88@88%c: No. 3 mixed, 87*/?@B7%c; No. 1 yellow. 83S 88%c; No. 2 yellow. 88® 88%c: No. 3 vellow. 87%@87%c; No. 4 yellow. 87%@87*/2C: No. 5 yellow. 86%-@B7c; No. 6 yellow, 86@86%c: No. 2 white. 93*?c: sample grade. 80c. Oats—No. 2 white. 35% @36c; No. 3 white. 35%@35*4c. Rye—No. 2. 59%c. Bariev—47 @7lc. Timothy—s7.2s® 7.50. C10ver—516.75624.25. By United Press TOLEDO. 0.. Sept. 26.—Close: Wheat— No. 2 red. 85@86c. Corn—No. 2 yellow. S2@93c. Oats —No. 2 white. 39%@40Vic. Rye—No. 2. 71c. Barley—No. 2. 61c. Clover—Domestic prime, old. sls; prime, new. $15.50: prime choice, new, $15.85; prime choice, old. $15.30: October. $15.50; December. $15.75; February, sl6; March, $16.25. Alsylte—Cash. $13.50: October. $13.75: December. sl4: March. sl4. Butter —4l@42c. Eggs—24@26e. Ha y—sl.7s cwt.
The City in Brief
SATURDAY EVENTS Beta Theta Pi luncheon Board of Trade. Sigma Alpha Epsilon luncheon, Chamber of Commerce. Arthur Hall, Ft. Wayne, was made president and J. I. Holcomb, Indianapolis, secretary of the Lincoln trails commission at the organization meeting in Governor Harry G. Leslie’s office Thursday. The commission will represent Indiana in a tri-state effort to link Lincoln’s birthplace, boyhod home and burial shrine by a memorial highway. Copies of a speech made by Paul C. Stetson, Indianapolis schools superintendent, at the dinner of welcome given him Sept. 18, were being mailed out today to presidents of the parent-teachirs associations of the city by the Chamber of Commerce. Albert Stump, attorney, will address the Indianapolis Federation of Community Civic Clubs on “Crime in America,’’ at the club’s initial fall meeting in the Chamber of Commerce building at 8 p. m. tonight. Miss Lillian Harper, employe of the Hotel Washington, won third prize and $25 in a "better food service" contest conducted by the National Restaurant Association, it was announced today. A classified business directory of members of the Chamber of Commerce is being prepared by the Chamber. The directory will serve as a buyers’ guide and will be ready for distribution by Jan. 1. Dr. Austin Hayden of Chicago will present a film lecture on “How the Handicap of Deafness May Be Overcome,” at 8 Tuesday night in Cropsey hall, public library. The lecture is sponsored by the Indianapolis League for the Hard of Hearing. ACTS IN CENSUS PLEA Official Asks High Court to Deny Atlanta Increase Petition. H WASHINGTON, Sept. 26 The director of the census, William M. Steuart, today asked the District supreme court to deny the petition of the city of Atlanta. Ga, asking a writ of mandamus to compel him to report Atlanta’s population at 360.692 to conforms with a legislative act increasing the city’s limits.
Net Changes
By United press NEW YORK. Sept. 25.—Closing prices and net changes on stocks traded today on the New York Stock Exchange follows; Up. Off. American Can ; 123% ... % American & Foreign Power 58% ... 1% American Smelting..., 54% ... 3% Anaconda 40% % Byers 62% ... 3 Case -144 ... 10 Consolidated Gas 103 ... 2 Fox Film A 47*. 1% ... General Electric 64*: ... 3% General Motors 41V* .. % Gillette 58% ... 5 Houston Oil 59% ... 3% Loew’s Inc 73■ ... % National Power 41% ... 1% Packard 11% ,% Radio Corporation 30 b .. 3 Radio-Keith 28% ... 2V* Standard Oil New Jersey... 63% ... United State: Steel 158% ... 2% Vanadium .66% ... 3 * Westlnghouse Electric 134% ... 2 b
In the Stock Market
(Bv Thomson & McKinnon) NEW YORK, Sept- 26—The fact that the brokers loans remain unchanged occasions surprise from those who anticipated an increase, as well as those who looked for a reduction. It refutes the theory that there has been material outright selling of stocks. At the same time it does not reflect liquidation of securities against brokers borrowings, which was expected by reason of the declining stock market. The explanation offered is that there has been a liberal withdrawal of street money on account of the unremunerative interest rates. Time money was quoted Thursday the lowest in fifteen years. These private Ipans are supposed to have been replaced by local banks. Production of electricity, which is being looked upon more and more as an important trade barometer, shows a slight increase for the week. The national electric light association in its report rescribes conditions in the electric light and power industry as very favorable and considers the prospect of increasing output as excellent. In the stock market, uncertainty continues over the possible action on a number of important dividends. This is tending to confine investment'interest more closely to the gilt-edge securities, which will probably continue until more of the uncertainty in the general situation is removed. Marriage Licenses John F. Allison Jr., 24. of 131 Ptirycar. cook, and Geneva Jones. 26, of 507 Bright, maid. Virgil A. Cain. 21. of 604 East Market, roofer, and Eva Lovell. 25, of 604 East Market. John Nickel Jr.. 26. of 29 North. Rilev. salesman, and La Von A. Smisher. 25. of 1234 Cottage, secretary. Robert L. West. 30. of 409% West Pratt, waiter, and Marie King. 26. of 409% West Pratt, waitress, Paul C. Baumgartner. 28. Lenoir. N. C.. salesman, and Pauline D. Burris. 25, of 3025 Graceland. Eugene D. Wilcox. 30. of 146 West Eighteenth. accountant, and Willma Cochrane. 25. of 2402 North New Jersey, stenograDi James S. Spry. 55. Wheatfleld. farmer, and Angia C. Couts. 53. of 324 South New Je pYrett W. Wagner. 27. of 536 North Illinois, doctor, and Gladys P. Mellings. 27. of 536 North Illinois. Joseph L. Sutton. 53. Rushvllle. farmer, and Lillie R. Gipson. 53. of 530 West Ch phflilD A. Miller. 24. of 2257 North New Jersey, agent, and Mariana M. Kennedy. 24. Os 2855 North Pennsylvania, clerk. Franklin I. Clampitt. 23. of 1032 West Thirtv-flrst. clerk, and Secelia G. McIntyre. 22. of 1165 West Twenty-ninth, clerk. Births Bovs Hugo and Norma Gale. 5738 Oak avenue. Arthur and Julia lies. Methodiit hospital. .. Ravmond and Pauline Daumen, Methodist hospital. .... .. , Lewis and Mildred Grabhorn. Methodist k o Louis'and Mary Bowman. 2011 East Forty-sixth. Girls Fred and Mary Ping. Methodist hospital. Arthur and Eleanor Hoover. Methodist Leonard and Henrietta Solomon, Methodist hospital. ._ .. . _ Frank and Anna Stump. Methodist hosPl ßuel and Annah Sutton. 228 South Noble. Deaths Richard H. Halstead, 4. 949 East Minnesota, pulmonary odema. , Albert Watkins, 61. Methodist hospital. Ul Henry Haus. 71. 554 Lyons, cerebral he ßo°bert af H. Bailer. 79, 2615 East Pearl, hypostatic pneumonia. . , Helen .May England. 33. city hospital. Crescenzla HOrnbach, 79. 1616 East New York, arteriosclerosis.- .... . Caroline Peckmann. 71. 6157 Ashland, cerebral hemorrhage. Francis Orvel Achason, 69. Cent-al Indiana hospital, chronic interstitial nePl Andr'ew 'Wallen. 53. Long hospital, cerebral hemorrhage. Jackie Llovd Bock. 7 months, city hospital. bror.cho pneumonia. ~ Margaret Bernice Williams, 2. 1717 Sout.i Kevstonefl intestinal influenza Anna Goldberg. 83. 3033 North Illmoi., broncho pneumonia. Edwin Brown. 46. city hospital, duodenal Ul Jack Jarman. 62. 905 West Eleventh, cardio vascular renal disease. Building Permits Albert Gltdden. dwelling and garage. 5144 Winthrop. $4,000. EU Lilly & Cos., complete platform, Delaware and McCarty. $9,500. 1 Indiana Bell Telephone Company, repairs. southeast corner Pierson and New Y °lndiana 7 Bejl Telephone Company, repairs, southeast corner Pierson and Isew Y lndia S na'Ben Telephone Compan. excavation southeast cornet Pierson and New York. SBO,OOO. . „ Indiana Bell Telphone Company move building, southeast corner Pierson and New York, $174,672. , Anne Harman, garage, 2221 North Mer* Roblnowltz. garage, 1033 South Illinois. $4lO. LINDBERGH IN BOSTON Lands at Airport, But Refuses to Divulge Reason for Visit. By United Press BOSTON, Sept. 26. Colonel Charles A. Lindbergh arrived unexpectedly at the Boston airport today. He brought his Bird biplane to earth shortly before 11:30 a. m. after housing the plane in the Curtiss hangar, Lindbergh remained at the field temporarily, but declined to divulge the purpose of his visit.
SOUTH JJJL AMERICA IMP . . . has become the adventure of the " age—it is the place to see. More than " any other continent it is a land of con- ■ ~~~—^ trasts, where you will meet the extremes of scenery and civilization. Visit the gay latin cities below the equator—Peru, Bolivia, Chili, .Argentina, Uruguay, Brazil, Trinidad, Bermuda and the Panama canal* Ail Ideal Winter Vacation The winter months offer the ideal season for travel to the southern hemisphere—calm sea* and delightful weather prevail throughout the trip, offering the traveler the best months in the lands to be visited and bringing him home again at the beginning of springtime. Richard A. Kurtz, Manager Travel Bureau £lll6 Leading Travel Bureau of Indianapolis "UNION TRUSTS 120 Ekst Market Street R 1 ley 5341
PAGE 25
GOTHAM'S LONE FARMER HAS NO NEEDOFRELIEF Nine Children Solve Hired Hand Problem Readily for Italian. BY H. ALIEN SMITH 1 nited Tress Staff Correspondent NEW YORK. "Sept. 26 —Vincent Benedetto, the only practicing farmer on the island of Manhattan, can t be bothered with all this newspaper talk about farm relief. Vincent has got his horse, his cucumbers and his nine Children to worry about, and anyway, farm relief is sort of a vague, nebulous business to Vincent's mind. When asked today for an opinion on farm relief, surplus crops and the co-oper-ative system, the last of Manhattan’s dirt farmers simply shrugged his shoulders and remarked: "Yes. L read about that once in the noosa-pep.” Vincent speaks a fair brand of English, with little dialect. He finds it' utterly impassible, however, to say newspaper. Backed by Broadway His farm, on which he has labored for five years, which has tha most famous street in the world for its back line. Broadway abuts on the east boundary of Vincent’s land, which extends over a solid city block between 213th and 214th streets. In the center of the. tract is a depression in the ground, about the size, of a bathtub. Two sorry looking peach trees, grow out of this hole, which Vincent calls his gully. The house, a weather worn, brick structure, stands on the eastern edge of the property, surrounded by the sheds, hen roosts and implements. Being possessed' of nine children, ranging in age from 4 to 18, Vincent isn't troubled by the hiredhand problem. His oldest boys help him with the work in the various patches, where he grows potatoes, corn, carrots, beets, beans, cabbages, spinach, radishes and any number of other vegetables. Last True Farm The last census revealed that Vincent’s place is the last true farm on the island. But Vincent isn’t much impressed by his distinction. He failed to blink his eyes in astonishment today when a visitor told him how the Dutch patrons used to maintain their large farms away out in Greenwich Village, and how those same patrons bought the whole island from the Indians for sixty guilders. "All I know,’’ said Vincent, gazing out over his broad acres, "is that I farm this place till they sell it out from under my feet. I farm here in the summer and I got my ice business in the winter. "I got one boy who wants to be a football player, one wants to bs a radio talker and one wants to shine shoes on ferry boats. But they all stay with me to dig up the potatoes and things. I don’t know if they get what they want some day.’’ CUP CHALLENGE LIKELY! Guiness Family of Ale and Stout Fame May Take Up Lipton Fight. By United Press NEW YORK. Sept. 26—The Guiness family of England, which made its fortune in ale and stout, may take up the task of attempting to win back the America’s cup, in which Sir Thomas Lipton failed. Preliminary conversations looking toward a challenge for a race to be held probably no sooner than 1933, now are in progress. No challenge, however, has been lodged as yet, and none will be until English yachtsmen and the New York Yacht Club agree upon the details. MONEY to LOAN on MORTGAGES STATE LIFE Insurance Cos. 1235 State Life Bldg. 1 James T.Hamill & Company Prlrato Wire* to All Leadlor Market* India napolta MEMBERS Chicago Stock Exehaor* Chicago Board of Trade Indlanapollo Board ot Trade Associated New York Cnrb 203 Continental Bank Bldg. Tel., Klley 5493 Riley 6494
