Indianapolis Times, Volume 42, Number 123, Indianapolis, Marion County, 1 October 1930 — Page 14
PAGE 14
MIXED CABLES ADD UNCERTAIN TONE TO GRAIN t Strong Cash Demand Large Influence in Corn; Oats Firm. Bi r nitcd Press CHICAGO, Oct. I—Wheat opened unevenly steady on the Board of Trade today under mixed foreign cables. Liverpool was firm and 1 cent higher, but broke on reports of rains in Australia and Russia cutting prices on the continent, stop loss orders being met. The government weekly weather report indicated a need of rain in the winter w'heat belt, especially lowa. Com was uneven with wheat, but showed more strength. Oats were lower on profit-taking. At the opening wheat was % cent lower to % cent higher, com was % cent lower to 114 cents higher and oats were % to % cent lower. Provisions were about steady. Leadership Lacking Liverpool opened slightly stronger but eased during the morning and by late in the day had fallen IY2 to lVa cents lower. Buenos Aires was lVa cents off at the start. There is a feeling that the urgent liquidation has been completed, but the market lacks leadership. Many traders think the market has turned the comer but others wait for another show of strength. A significant feature is the fact that cash wheat has not declined with the futures, being absorbed through milling channels and by feeders. Corn Strengthens December corn has declined 23lie from the high of last August and there is less disposition to press the selling side. The shipping demand remains large with the country offerings fairly small. The light frost reported during the past few days has done no damage as far as the reports state. Oats are being absorbed readily whenever offered. The feed situation is very strong and the cash interests are taking the nearby futures for feeding purposes. The market has a very good tone. Chicago Grain Table —Oct. 1— WHEAT— „ Prev. High. Low. 11 00. close. Dec .78*4 77** 78% 78V< Mar 83>,4 .81‘4 .82V* .81% May 85 .83% .84% .84% CORN— Dec. .80% 79% 80% .79% Mar 81% 80% .81 .80=% May 83% .82% .83% .82% OATS— Dec 38% .37% .38 .38 Mar .40% 39% .40% 39% May 41% .40% .41% 41% RYE— Dec 49% .48 .49 % .48% Mar 33= .52% .53% .52% May 35% .54% .55% .52% LARD— Oct 10.97 10.95 10.97 11.00 Dec 10.40 10.35 10.40 10.45 ! Mav 10.45
Produce Markets
Errs (Country Run—Loss off delivered In Indianapolis. 20c: henery aualltv No. 1 25c: No. 3.14 c. 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.. 19c: Leghorn sprtrnrers. 15c: old cocks. 9@loc: ducks, lull leather, fat white, lie; geese. Bc. These prices are lor No. 1 top duality ouoted bv Kingan & Cos. Butter (wholesale) —No. 1, 42@43c; No. 40@41c. Butterlat—4oc. Cheese (wholesale selling price per pound)—American loaf. 31c: pimento loaf. S2c: Wisconsin firsts. 27c: Longhorns. 34c: New York Liraberger. 36c. Bo United Press NEW YORK. Oct. t.—Produce —Flour— Easy; spring patents. $4.65©5. Pork— Firm: mess. $32.50. Lard—Strong: middle west spot, [email protected]. Tallow—Firm: special to extra. 4%@5%c. Potatoes— Firm: Long Island. $2.75ff3.50 barrel: Jersey. $1.35ff3.15 basket. Sweet poiatoes —SteadV: Southern baskets. $10(1.50: Southern barrels. *3.25(3)3.50: Jersey, baskets. 65c<8)$2. Dressed poultry—Steady; turkeys. 22ff50c; chickens. 22@37c: fowls. I8@31c; ducks. 12ffl5c: ducks. Long Island. 17® 20c. Live poultry—Steady: geese. 16c ducks. 18c: fowls. 231i29c: turkeys. 25ff30c: roosters, lie: chickens. 23@27c. Cheese —Steady: state whole milk, fancy to specials, 24ff26c: young America. 20®25c. 'RAIN MASTER’ TRIES HAND ON DROUGHT Uses Dynamite, Radio in Effort to Help Virginia. Bu United Press WARRENTON. Va., Oct. I.—Dr. G. A. I. M. Sykes, who agrees either to make rain or keep it away, has come to Virginia to see what he can do about the drought. Because of the fair weather during the Belmont race meet in September, Sykes, who was hired to keep the raindrops away, was paid $6,500. Sykes is using dynamite in the hills and a radio contraption to creata what he calls “an electromagnetic area.”
Money Loaned —ON—DIAMONDS Liberal, Reliable. Conlidendal SUSSM AN’S STATE LOAN OFFICE Legal Rates—Bonded Brokers Established 28 Years 339-241 W. Washington 81. At Vonnegut’s Golf Equipment. Tennis Supplies. Fishing Tackle. Housewares. Hardware. Paints. VONNEGUT’S 199-124 E. Washington St. EXPERT TRUSS FITTING AT 129 W. WASH. ST. STORK Abdominal Supports and Shoulder Braces HAAG’S CUT-PRICE DRUGS ★ Safety for Savings ! UTCHER AMERICAN L NATIONAL BANK SoutKuvt Cor. of M*rkt Neevrbrvsw §|% ON SAVINGS
The City in Brief
Approximately six hundred persons attended a reception and dinner given as a farewell for Dr. John McFall, retiring pastor, and Dr. W. at the Broadway Methodist church, Tuesday night. N. G. Klingensmith, 108 Bosart : avenue, clerk of the Big Four railroad, retired Tuesday alter fiftyone years’ service to the railroad. Robert M. Maxwell of the Curtis Lighting Company, and D. E. La Mee, general manager of the General Electric Supply Corporation, retiring members of the Electric League of Indianapolis, were given a dinner at the Columbia Club, Tuesday night. The two men are leaving the city for other posts. Experiences in Algeria will be related at 7:30 Friday night by William S. Canfield in the Community Christian church, 2174 North Illinois street. A dinner in honor of Dr. O. E. Smith, retiring superintendent of the Bible school of the Central Christian church, was held Tuesday night at the church. Members of the Indianapolis Real Estate Board will be guests of Paul Y. Waters, president of the Indianapolis Industral Center, at a luncheon Thursday at the center, Martindale and Nineteenth streets. William L. Elder, city controller, and Joe Rand Beckett, attorney, were speakers at a luncheon today lr the Columbia Club of the Indianapolis Apartment House Owners' Association.
Daily radio broadcasts will be started by the Republican county organization tonight with a speech by Senator Arthur R. Robinson from station WKBF at 9 o’clock. “Only disrespectful lawyers do not want to change the Constitution,” declared Albert Stump, Indianapolis attorney, in an adress at a meeting of the Butler-Fairview Civic Association in the Farvlew Presbyterian church Tuesday night. Butler university freshmen and sophomore classes engaged in a class fight on the campus Tuesday to see Whose class numerau should adorn the tower south of Jordan memorial hall. Frosh outnumbered the sophs, but the latter succeeded in putting their colors on high anyway. First of the winter series of meetings of the men’s brotherhood of the Northwood Christian church will be held in the church parlors, Forty-sixth street and Central avenue, Thursday night at 6:30. H. C. Gemmer, chairman of the church board, is in charge of the program, which will include talks and music. Ladies of the church will serve the dinner. Indiana Stamp Club will meet Friday, Oct. 3. at 8 p. m., in the Lockerbie, M. F. Clarke, secretary, announced today. Hour of Senator James E. Watson’s radio address over the Columbia broadcasting system Thursday night has been changed to 9:30-10 (central standard time), Republican state headquarters was informed today. Watson's speech, originally was scheduled for from 8:30 to 9.
“Victory Drive” of the Democratic campaign in Marion county will open next Thursday night, Oct. 9, with a mass meeting at Tomlinson hall, H. Nathan Swain, county chairman, announced today. Motion picture film visualizing progress of the business world will be shown at the luncheon of the Indianapolis Advertising Club on Thursday. The film will be of interest to business executives desiring information on progressive methods. Democratic meeting scheduled for tonight include 831 North California street, speakers, C. E. White and John F. Geckler; 931 West Walnut, the home of Ida Perry, speaker, Clyde C. Karrer; 430 Sixteenth place, the home of Roy Baldwin, Ira Haymaker, speaker; 1538 Asbury street, Clarence E. Weir and Ira Haymaker, speakers; Riverside Democratic Club, 1517 West Pruitt JBtreet, speakers, Russel J. Ryan, Charles A. Grossart and Glenn B. Ralston. GIVES HAND IN X-RAYSSTUDY Physician’s Arm Is Cut at Wrist to Save Life. Bv United Pres? BALTIMORE. Oct. I.—The science of roentgenology claimed another toll from one of its pioneers today, when Dr. Christian Deetjen, Baltimore physician, submitted to an amputation of his left hand above the wrist. The operation was designed to check the persistent spread of mysterious injuries to skin, flesh and bone which constant use of X-ray equipment inflicts. It was performed by Dr. Alexius McGlannan, virtually a life-time friend of Deetjen, and one who has contributed his own surgical skill for the past twenty years to his colleague's fight against the ravages of the X-rays. As long ago as 1911, Dr. McGlannan performed a delicate skin grafting operation on Dr. Deetjen in an attempt to save the hand which was amputated today. There have been many other operations between that first skin grafting attempt and today's amputation. TALKS ON CHURCH WORK Head of Men's League In Address to Reformed Group. Work of the Men’s Leajjuc of the Reformed churches of „he United States was discussed by J. Q. Truxal, Philadelphia, president of the league, at a dinner of the Reformed church council in the Carrollton Avenue Reformed church Tuesdaynight UNDERTAKER IS ROBBED Establishment Is Looted bv Thieves; Loss Estimated at $135. Thieves who broke into the Paul D. Lucas undertaking establishment at 2620 North Illinois street Tuesday night mads away with candlesticks and a crusifix valued at $135, police were toU! today.
PORKER PRICES MOVE UPWARD AT CITYYARDS General Trade Fairly Active in Cattle Mart; Sheep Sell Higher. Seot. Bulk. Top- Receipts. 24. *lo.ooft. 10.60 *10.75 5,000 25. 9 90ft 10.50 10.50 6,000 26. 9.90 ft 10.50 10.60 7,000 27. 9.85%10.45 10.45 2,000 29 9.65 ft 10.25 10.35 5.000 30. 9.25 ft 9.85 9.90 6.500 31. [email protected] 10.15 5,500 Hogs about faced this morning at the union stockyards, prices ranging mostly 10 to 15 cents higher than Thursday’s average. The bulk, 160 to 3CO pounds, sold for $9.50 to $lO. Extreme top price paid was $10.15. Receipts for the day were estimated at 5,500, holdovers were 133. In cattle the general trade was fairly active and mostly steady at Tuesday’s figures. Receipts were 900. Vealers held steady at sl4 down. Calves receipts were 600. Sheep and lambs receipts were 1,000 with lambs holding around 50 cents higher. Fat ewes brought $7 to $8.50. Top price was $8.75. Chicago hog receipts were 16,000, including 4,000 direct. Holdovers were 4,000. The market was fairly active on lightweights with a few bids and early sales 10 to 15 cents higher than Tuesday’s average; 180 to 200-pound weights $9.50 to $9.75. Cattle—Receipts, 9,000; calves, 2,000; market, steady. Sheep, 22,000; strong.
HOGS Receipts. 5,300; market, hither. —Light Lights—-(l4o-160) Good and choice $ 9.00® 9.25 —Light Weights—-(l6o-180) Good and choice ... 9.50 (160-200) Good and choice .. 9.60@ 9.70 —Medium Weights—-(2oo-220) Good and choice .. 9.80® 9.90 (220-500) Good and choice.... [email protected] —Heavy Weights—-(2so-350) Good and choire... 10 00® 10.50 (290-350) Good and choice [email protected] —Packing Sows—-(27s-500) Medium anti g00d.... 7.25® 8.50 (100-130) Good and choice B.oo® 8.00 CATTLE (Slaughter Class) Receipts, 900: market, steady. —Steers—-(6oo-1,100) _ Good and choice rio.ooftl2.oo Common and medum 5.50® 10.00 (1,100-1,500) Good and ehoce Medium 6.ao@ 9. <5 —Heifers—-(soo-8.50) Good and choice f Common and medium 5.50 ft 9.50 Good and choice o-50@ J-9 Common and medium 4.00 ft 5.30 Low cutters and cutters 2.50® 4.00 —Bulls (yearlings excluded)— Good and choice beef 5.50 ft 7.00 Cutter, common and medium.. 3.75® 5,50 CALVES AND VEALERS Receipts, 600; market, steady. Good and choice 31 3 [email protected] Medium 10.00 ft J9'99 Cull and common [email protected] —Calves—-(2so-3001 Good and choice 7.50ft1g.00 Common and medium 5.00® 7.50 4 STOCKER AND FEEDER STEERS (500-6001 Good and choice $ 6.00 ft 8.00 Common and medium 4.00® 6.00 (800-1,050) Good and choice 6.00® 8.00 Common and medium 4.2d@ b.oo SHEEP AND LAMBS Receipts, 1,000: market, higher. Good and choice $ 7.00 ft 8.75 Common and medium 4.00® 7.00 —Ewes— • Medium and choice 2.50 ft 4.00 Cull and common I.oo® -.50 Other Livestock
B;/ United Press CHICAGO. Oct. I.—Hogs—Receipts. 16,- j 000, including 3,000 direct: fairly active, 10iff 15c higher; packing sows and light lights, 15ff25c higher; bulk, 180-300-lb. i weights. $9.50(3)9.80; top, $9.90; packing sows, $7.25(3)8.25: light lights, 140-160 lbs., good and choice, [email protected]; light weights, 160-200 lbs., good and choice, $9.15(39.75; j medium weignts, 200-250 lbs., good and , choice, heavy weights, 200-350 J lbs., good and choice, packing sows 275-500 lbs., medium and good s7 (<r j 8.25; slaughter pigs, 100-130 lbs., good and i choice, Cattle—Receipts, 9.000; calves, 2,000; active and strong to higher trade on yearlings, especially better grades; early top, $12.85; several loads confidently held above sl3; weighty steers in excessive supply, weak to lower; other classes fully steady; slaughter cattle and vealers: steers, 600-900 lbs., good and choice, $11@13: 900-1100 lbs., good and choice, $10.50(313; 1100-1300 lbs., good and choice. $9.25(312.50; 1300-1500 lbs., good and choice, s9®l2; 600-1300 lbs., common and medium, $6.50(3)10; heifers, 550-800 lbs, good and choice, $10.25(3)12.50; common and medium. $5.75(310.25; cows, good and choice, $5.25ff8; common and medium, $4.25®5.25; low cutter and cutter. $3(54.25; bulls, yearlings excluded, good and choice, beef, $5.75(36.75; cutter to medium, $4(5 6.75: vealers, milk fed, good and choice, $11(3)13.50; medium, $8.50(311; cull and common, *[email protected]; stocker *nd feeder cattle: steers. 500-1050 lbs., good and choice, $7.25@9; common and medium, $5.25(3,7.25. Bu United Press ST. LOUIS. 111.. Oct. I.—Hogs—Receipts. 8.000: market. 25 to 35c higher: sows. 180-220-Ib. weights. $9.6009.75: new heavier butchers, $9.75: most, 140-170-lb. weights, [email protected]: 100-130 lbs.. $8.2508.65: bulk sows. $7(5)7.50. Cattle—Receipts. 3,200: calves. 1.800: native steers, slow; very few earlv western steers, steady; other classes, unchanged: good choice vealers. sl3: fat heifers. $9.50 and up: cows, $425 <35: low cutters. $2.50(53; medium bulls. s4@s. Sheep—Receipts. 3.000; no early sales, asking higher: holding bulk of almbs around $7.50; indications steady on sheep. Bu United Press CLEVELAND. Oct. I.—Hogs—Receipts. 1.700: holdovers, none; 10®25c or more higher: 180-250 lbs., mixtures. $10.2o; early top. $10.35 for lots carrying good share medium weights; 160-180 lbs., $9.90; light lights and pigs at [email protected] as well as sows and stags; steady. Cattle—Receipts. 400- mostly steady, common steers of around $6.75(3)8.25 value predominating; low cutter and cutter cows around, $3.25(3) 4.50: calves, receipts. 750; steady; better grade vealers. $15(515.50; top, sl6; in-be-tween kinds around $11@14; culls downward to $lO and under. Sheep—Receipts, 1,700; lambs, strong to 25c higher; better grades sß® 8.50; common -to medium throwouts, $5.50@7 and above; sheep, steady. B u United Press EAST BUFFALO. N. Y.. Oct. I.—Hogs Receipts. 1.100; holdovers. 200; active mostlv to packers. 15(325c higher: weights above 170 lbs. at maximum upturn, bulk 160-210 lbs.. $10.25® 10.40. mostly. $10.35; pigs and underweights. $10; packing sows. $8.15(38.75. Cattle— Receipts. 75; cows predominating, steady, cutter grades, $2.75 (34. Calves —Receipts. 100: vealers active, fullv steady. sls down. Sheep—Receipts, 200: lambs, 25c higher, good to choice, $8.50 (38.75: bucks and medium kinds, $7.25® 8: throwouts. $6.50. Bv United Press FT. WAYNE Ind.. Oct. I.—Hogs—Market. 15c higher; 110 lbs. down, $7.90: 110-120 lbs.. $8.15: 120-140 lbs.. $8.40; 140150 lbs.. $8.65; 150-160 lbs., $8.90; 160-180 lbs.. $9.15; 189-200 lbs.. $9.40: 200-225 lbs., $9 55- 225-250 lbs.. $9.65 : 360-300 lbs.. $9.80; 300-350 lbs.. $9.65: Toughs, $7.50; stags. $5.50; calves, $13.50: lambs, $7. Bu Times Special LOUISVILLE. Oct. I.—Hogs—Receipts. 500; market steady; 300 lbs. up. $9 : 200300 lbs.. $9.75; 175-200 lbs.. $9.25; 130-175 lbs.. $8.05: 130 lbs. down. $6.35; roughs. $6.90; stags. $5.90. Cattle—Receipts. 200: market steady, prime heavy steers. $8.50-3 10; heavv shipping steers. s7®B 50: medium and plain steers. $5.50(37; fat heifers. $5.50 <310: good to choice cows, $4<35.50: medium to good cows. $3.25®4: cutters. $3(33.25: canners. $2.5032.75: bulls, s4® 5: feeders. 5637.50: Stockers. $4-3 6.50. Calves—Receipts. 300: market steady; choice. $9.50® 11: medium to good. $7 iff 9: common to medium $4.50(36.50. Sheep—Receipts. 200: market steady; ewe and wether lambs. $7.50: buck lambs. $6.50: seconds. $4? 4.50; clipped sheep. *2.50ff5.50. Tuesday's shipments: Cattle. 85; calves. 203; hogs. 310; sheep none. Bu United Press CINCINNATI. Oct. I.—Hogs-JReceipts. 4 050. Including 2,250 direct: holdover 650: active, steady to strong with sows 25c to mostly 50c higher; bulk better grade. 200-240-lb. butehers. $10: no heavier weights offered: 160-180 lbs.. $9 o 9.50: 130-150 lbs.. $8.504?8.75: sows. $7.25 5 7.75: bulk. s7.soff 7 75: few smooth light weights up to SB. Cattle —Receipts. 450: calves. 300: generally steady; odd lots of in-between and lower grade steers and heifers. $5ff8.25: load of good 1.250-lb. steers. $9.25: most beef cows. $4.75ff5.75: bulk low cutters and cutter cows. $35 4.25: bulls slow, largely $5.50 down: best weighty offerings quotable to $; vealers active, steady to strong; bulk good and choice. sl3 to mostly *l4: lower grades. $8(312 50 . Sheep—Receipts. 800: steady on all classes better grades; fat lambs. 88 3 8.50: medium, largely *6.50-3 7: common throwouta downward to $5.50: fat ewes. *2-503 \6O. i
THE INDIANAPOLIS TIMES
New York Stocks (By Thomson Ac McKinnon:
—Oct. 1— Prev. Railroads— High. Low. 11:30. close. Atchison 206% ... 206 % 205 Atl Coast Line.. 130% 130% Balt & 0hi0... 91 90% 90% 91 Chesa & Ohio.. 45% 44% 45% 44% Chesa Corp 55% Chi Ort West 8 7% 8 7*4 Chi N West.... 53% 53% 53% 52% CR I & P...... 88% 87)* 88% 88 Del L & W..... .112% 112 112 112 Del 6c Hudson , ... 155 Erie 38 37% 38 37% Erie Ist pfd 53% Great Northern.. 70 69% 69% 69 Gulf Mob & Oil.. 21% 20% 30% . Illinois Central .110 109 110 109 Kan City So ... 60% Lou & Nash 116 115 115 116 M K & T 31% 30% 31 29% Mo Pacific 51% 50% 51% 51% Mo Pacific pfd..112% 110% 110% 113 N Y Central ....152 150% 152 150% Nickel Plate 92% NY NH & H.. .100 98 100 96% Nor Pacific 63% Norfolk & West 322 220 222 220% Pere Marq ... 125% ... Pennsylvania .. 70% 89=4 70% 68% Reading ... 98 98 So Pacific 11l 109 111 110 Southern Ry ... 76% 75 76 78 St Paul 11 10% 10% IDs St Paul pfd .... 17% 16=8 17% 16 St L& S F 72% 72% 72% 72V 4 Union Pacific 206 205 y Wabash 25 25 W Maryland .... 17% 15% 17 16% West Pacific 16
Equipments— Am Car &Fdy .. 43 42% 43 43 Am Locomotive 37 37% Am Steel Fd ... 32% 32% 32% 33% Am Air Brake S. .. ... 41% 41% Gen Am Tank... 75% 75% 75% 74% General Elec ... 63% 61=4 62% 61 Gen Ry Signal.. 70 69% 69% 69% Lima Loco 20% 20'/s N Y Air Brake 38% 38% Press Stl Car 6 5% Pullman 61 60 61 59% Westlngh Ar B 35% 35)2 Westingh Elec ..130% 127% 129=4 126% Rubbers— Firestone 18% 18% 18% 18% Fisk 1% 1% 1% 14b Goodrich 19% 19% 19% 19% Goodyear 46% 45% 46% 46% Kelly Sprgfld 2% 2Vi Lee Rubber 4% U S Rubber 15 14% 15 14% Motors— Auburn 98% 94% 98% 97V4 Chrysler 204s 20)* 20% 20 Gardner 1% Graham Paige 4% 5% General Motors 39% 38%. 39% 38Vi Hudson 24% 23% 33% ... Hupp 10% 10% 10% 10% Mack 50 48% 50 49 Marmon 7% 7% 7% 7% Nash 31 30 Vi 30% 30% Packard 10% 10% 10% 10% Reo 11% 11 Vi Studebaker 26% 26 26% 26% Yellow Truck... 14% 14% 14% 13 Motor Access— Am Bosch 23 22 !i 33 22% Bendlx Aviation 21% 21 31% 21 Borg Warner.... 19% 18% 19 18 Briggs 16 15% 15% 15% Budd Wheel .... 8% 8% 8% ... Eaton ... 19 El Storage B 59 Hayes Body 4% 4% Houda 5% 5 5% 5 Motor Wheel . 18% 18% Sparks W 17 16 17 16% Stewart Warner 20% 20% 20% 20% Timken Roll .... 56% 55% 55% 55% Mining— Am Metals .... 33% 23 23 22 Am Smelt 55 53 % 54 53 Am Zinc 6=4 6% 6% 7 Anaconda Cop .. 36=8 36 36% 35% Cal & Hecla .... 10% 10 10% 10% Cal 6c Arlz 44 43 Vi 44 43% Cerro de Pasco.. .. ... 37% 374i Dome Mines 8 8 Freeport Texas.. 39)8 36% 39% 39% Granby Corp 14% 15 Great Nor Ore.. .. 19% 19% Howe Sound.... 25 24% 25 24% Int Nickel 21 20 Vi 20% 19% Inspiration 10% 94* 10% 9% Kennecott Cop.. 28% 27% 28% 27% Magma Cop .... 26% 25% 25% 26% Miami Copper .. 10% 10 10 10 Nev Cons 11% 31 11% 10% Texas Gul Sul.. 544i 53% 544* 54% U S Smelt 18% 1744 18% 17% Amerada 22 21% 21% 2144 Am Republic . 13)4 13% Atl Refining.... 25% 25% 25V* 25 Barnsdall 19% 19% Beacon 12% ..... Houston 61% 57 60 55% Ind Oil 19 184* 19 1844 Indian Refining.. BV4 7% 8% 7% Mex Seaboard.. 17% 16% 17 16% Mid Conti 2044 19% 20% 19% Pan-Amer (B) 50% Phillips 25% 25% 25% 24% Pr Oil & Gas.. 28 27% 28 27% Pure Oil 16% 16% 16% 16% Richfield 10% 10% 10% 10% Royal Dutch....' 45% 45 45% 44% Shell Un 12 11 11% 11% Simms Pt 14% 14% 14% 14 Sinclair 16% 16% 16=8 16 Skelly 23% 23 23% 23
Standard of Cal 55 54% 54% 55 Standard of N J 58% 57' - 58% 57% Standard of N Y 27% 27% 27% 27% Texas Cos 45% 44% 45% 44% Union Oil 34% 34 Steels— Am Roll Mills.. 44% 43% 43% 43% Bethlehem 81% 80% 80% 80 Byers A M 57% 55% 57% 56 Colo Fuel 34% 34 34% 33% Cruc Steel 69% 68% 69% 69% Inland 73% 74 Ludlum 17% 18% Midland ' 26 24 Newton .. 30 ... | Republic I & S.. 25% 24 25% 24% U S Steel 157% 156% 157% 155% Vanadium 61 58% 60% 57% Youngst S&W 37 33% 37 35% Tobaccos— Am Sumatra 9 9% Am Tob A (new) . . 114% Am Tob B (new) 119% 116% 119% 116% Con Cigars 34 32 35 33 General Cigar 42 42 Lig & Myers (B) 93% 92% 93% 91% Lorillard 17% 16% 17% 16% Phil Morris 10% 9% 10% 10 Reynolds Tob.. 47% 46% 47% 46% Tob Pr A .. 11% Tob Pr (B) ... 3% United Cig 6 6% Unities— Abitibl , 16 16% Adams Exn .... 22% 21(4 21% 22% Am For Pwr.... 56% 54% 06% 53% Am Pwr & Li... 72 71 71 70 A T & T 205% 204% 205 202% Col Gas &El 54% 52 54% 51 Com & Sou 11% 11% 11% 11% 131 Pwr & Li.... 64% 62% 64% 61% Gen Gas A 7% 7% 7% 7%K Inti TANARUS& T 32% 30% 32% 31 Natl Pwr & Li.. 38% 37% 38% 37 No Amer C 0.... 94% 92% 94% 92% Pac Gas tz El ..! 53% Pub Ser N J 86% So Cal Edison.. 54% 53% 54% 53% Std G & E 1.... 90% 90% 90% 87% United Coro 27% 25% 27% 25’% Ut Pwr & L A 33% 31 32%% 31 West Union ....157 155 157 153% Shipping— Am Inti Corp.. 31% 31% 31% 30% Am Ship & C 1% ... At! Gulf & W 1.. 9% 9 9% ... Inti Mer M pfd 19 United Fruit 80 78 Foods— Am Sugar 4040 -s Armour A 4% 4% 4% 4 Beechnut Pkg ■ *l“,' Cal Pkg 56 55% Can Dry ... ... 55% Childs Cos 44 42% 44 44% Coca Cola 177 176% 177 177 Cont Baking A 23 22% Corn Prod ... ... 79 Cnr Wheat 29% ... Cudahy Pkg 39 % Cuban Am Sug ~ 3% ••• , Gen Foods .... 52% 51% 02% 5118 Grand Union Hershev • •• 89 Jewel Tea .’..... 48% 47% 48% ... Kroger ... . • • 20“4 Nat Biscuit 81 80% 80% 79% Pillsbury 29% 29-s Safeway St .... 64% 63% 64% 62% Std Brands .... 7% 7% 7% 6% Ward Bkg 7 6% Cotv Inc 16 15% 15% 15% Lambert Cos 83% 85% Lehn & Fink 23% 23% 23% 33% Industrials— ... Am Radiator .. 22% 21% 22 20% Bush Term 32% 33 Certainteed , _5 5% Gen Asphalt .... 36% 36% 36% 36% Lehigh Port .... .. ... •••.. 20 Otis Elev 59% 58% 59% 58% Indus Chems— . Allied Chem ....238 235% 238 235 Com Solv 22 20% 21% 2i% Union Carb 68% 66% 68% 63% U S Ind Alco.. 62% 61% 62% 61% Retail Stores— Assoc Drv Gds.. 30% 30% 30% 30% Gimbel Bros .... 9% 9% 9% 9% Kresge S 3 27 25 27 27% May D Store 4040. Mint Ward .... 29% 23% 38% 28% Pennsy J C ■ 48 47% Schulte Ret St.. 6 o% 6 6 Sears Roe .. .. 60% 60 % 60% 58% Woolworth ...... 62% 62% 62% 60% Amusement!— Bruns Balke .. l‘i% Col Graph i4% 14 14% 13% Eastman Kod ..199 196 198% 195% Fox Film A 44% 43 43% 42% Grigsby Grunow .. ... ... 6% Loews Inc 68% 67% 68% 67% Param Fam .... 53% 52% 53% 52 Radio Corp .... 29% 28% 29% 28% R-K-O 24% 23% 24% 23 Schubert ... 11% 10% Warner Bros .... 20% 19% 20% 20% Miscellaneous — Airway App 11 City Ice & Fu.. .. ... 38 1 * Congoleum 10% 10% :J% 10% Amer Can 120% 118 120 117 Cont Can 52% 52% 52% 51% Curtiss Wr 4% 4% 4% 4% Gillette S R 56% 55% 56% 54% Real Silk 41% 41 41% 41
New York Bank Stocks
—Sept. 30— Bid. Ask. America 85 86's Bank of United States ... 35 36 Bankers 133*4 13314 Brooklyn Trust 682 690 Central Hanover 319 324 Chase National 139*4 131 Chatham Phoenix Nat'L.. 100 102 Chemical 60 a 61'.City National 135*4 136 Corn Exchange 162 164 Commercial 380 390 Continental 24 25 Empire 70 First National 4.500 4,600 Irving 441a 45 Manhatan & Cos 101*2 102*4 Manufacturers 79 New York Trust 333 237 > Public 94 Chelsea 27 23 NEW YORK COFFEE RANGE High. Low. Close. March 6.50 6.26 6.26 Mav 6.27 6 05 6.05 July 6.11 5.92 5.92 September 6.00 5.80 5.80 December 6.9S 6.80 6.81
STOCK MARKET STAGES RALLY IN FAST TRADE Many Opening Gains Added to Later in Session; Steel Up. •
Average Stock Prices
Average of thirty industrials for Monday was 208.14. oft 4.38. Average of twenty railes was 122.50, oft 1.69. Average of twenty utilities was 77.15. oft 1.65. Average of forty bonds was 97.68, up .07. Bu United Press NEW YORK, Oct. I.—Short covering sent stocks up 1 to 4 points in the general list and as much as 10 points in some of the more volatile issues today. Trading ran at the rate of 5,000,000 shares for a full session in the first half hour, but later quieted down. The opening was firm and advancing tendencies continued. No particular group was favored. Some investment buying was seen in the better grade industrials and railroad shares. Railroads Firm American Can rose 4 points to 121 following the declaration of an extra dividend of $1 by directors late yesterday. United States Steel around noon was at 158, up 2%; General Motors 39%, up 1%; Radio 29%, up 1%; Westinghouse Electric 131, up 4%; United Aircraft 43, up 2%; Union Carbide 69%, up 3%, and Vanadium 61%, up 4. Railroad issues firmed up under the lead of Pennsylvania and Atchison, each of which gained more than 3 points. Coppers rose with the general list. Amusements wire up with Radio-Keith-Orpheum at 25, up 2, and Warner Brothers at 21%, up Vs. National Biscuit rose 1 % to 81 in the foods. Oils Are Strong J. I. Case held a gain of 8% points at 131%, and other highpriced issues made corresponding gains. Texas Corporation reversed its recent trend with a gain of a point on information from unofficial sources that the regular dividend would be declared. Other oils were strong with Standard Oil of New Jersey up 2 points at 59%. Utilities were up fractions to 3 points, featured by North American Electric Power and Light and Consolidated Gas. Call money renewed at 2 per cent and held there.
Bank Clearings
INDIANAPOLIS STATEMENT —Oct. 1— Clearings $4,307,000.00 Debits , 7,105.000.00 NEW YORK STATEMENT /?(.' United Press Clearings $1,771,000,000.00 Balance 198.000,000.00 Fdl. Res. Bnk. Cr. Bal 193.000,000.00 TREASURY STATEMENT Net balance for Sept. 29... .$330,024,379.44 Expenditures 7.677,489.15 Customs rects. month to date 35,381.660.13
Net Changes
By United Press NEW YORK, Sept. 30.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange follow: Up. Off. American Can 117 ... 3 American and Foreign Pok 5318 • 1% American Smelting 53 1% ... American Telephone 202% ... 1% Bethlehem Steel 80 ... % Case 123 ... 8% Consolidated Gas 100 General Electric 61 ... % General Motors 38% ... % International Telephone... 31 ... 1% Loews Inc 67% . . 2 National Biscuit 79% i% ... Packard 10% ... % Pennsylvania 68% ... % Radio Corporation 28% % Radio Keither 23 ... 2% Sinclair 16 ... % Standard Oil New York... 27% % ... Union Carbide 65% ... 1% U S Steel 155% ... lVa Vanadium 57% ... 2% Warner Bros 20% ... % Westinghouse Elec ex div. .126% ... 1% Chicago Stocks Opening (By James T. Hamlll & Cos.) —Oct. 1— Assoc Tel Util. 20%llnsull com 47% Auburn Mo 98 ilnsull 6’s 1940.. 99Va Bendix Avia 21 iLion Oil 13 Borg Warner... 18%;Maj Hsehld 18% Cent So West.. 16% ! Marshal Fields.. 37 Cord Corpn.,.. s%JMidl United pfd 44 Chgo Cpn com 8% 1 Midwest com 23 Chgo Cpn pfd. 42%)Nat'l Pw & Lt.. 62% Chgo Sec 18 Sw Internatl... 30% Grigsbv Gru... 6% til & Ind pfd.. 21 Roudi B. 5 Zenith Radio ... 6 Elec Hsehld.... 34 New York Curb Market (By Thomson & McKinno) —Oct. 1— 11:30 11:30 Am Com Pwr A 18%(Midwest Ut ... 23% Am Gas & El.. 111% Mo-Kan Pipe.... 14% Can Marc 3%iMt Prod 7% Cities Serv 25%!National Av 6% Cons Gas 114%(National Inv 9% Cord s%lNewmont Min... 70% Crocker & Wh.. 13 !Nia Hud Pwr... 13% Durant Mot 2%|Noranda 18% Elec Bond Sh.. 66%iPenroad 9% Fokker 12 Prince & Whtly 7% Ford of Can 23% Salt Ford of Eng 16% Sel Indus 4% Ford of France 10% Shenandoah 8% Fox Theater ... 8 Std of Ind 44% Goldman Sachs 15% Std of Ky 27% Gulf Oil 99% Trans Air Trans 8% Hudson Bay .. 5% Un Gas (new).. 12% Humble Oil 78 Un Lt & Pwr.. 33% Ind Terr A 27% Ut In Ind 10% Int Super 33%)Ut Pwr 15 Int Pete 16%!Vacuum Oil .... 69% Lion Oil 11%1 Walgreen 30%
Other Livestock Bu United Press PITTSBURGH. Oct. I.—Hogs—Receipts. 1.200: lo@lsc lov.-er: 160-260 lbs.. slo® 10.12; lighter weights and pigs. $9.25ff 9.75: packing sows, weak to 25c lower: hulk. sßff 8.25. Cattle—Receipts. 1.000: firm: mixed common steers and heifers. $5.75@6: low cutter cows. *2.50. Calves— Receipts. 150: strong to 50c higher; bulk better grade vealers. $121114. Sheep—Receipts. 500; fat lambs. 25c higher; good and choice, $8®8.50; aged stock steady: choice wethers, up to $4. CITES DECADES’ HISTORY 9 Past One Era of Production, Next One of Distribution, Says Expert. Bu United Press CHICAGO, Oct. I.—ln American history, the last ten years might be called “the decade of production” and the next ten “the decade of distribution,” David Lawrence, editor of the United States Daily, told the National . Chain Store Association convention being held at the Palmer House.
The Price of Safety A Year and Up Rent a Safe Deposit Box and Protect Yoar Valuable*. AETNA Trust and Savings Cos. 23 N. Pennsylvania St
BROTHER IS SHOT; DEPUTY HUNTS GANG
Goes on Trail of Bandits Who Slugged, Wounded His Kin. Owen Crickmore, 46, of 1266 Roosevelt avenue, is near death in city hospital today while deputy sheriffs, among them Crickmore’s brother, Ernest Crickmore, seek the bandits who robbed, shot and slugged Crickmore Tuesday night. Three of four bandits entered the Midway service station, north of the county line on the Allisonville road, and forced Owen Crickmore to hand over money. He made an effort to resist them and one of the youthful jandits shot him in the right lung while another slugged him with a blackjack. The bandits were armed with .45 automatic pistols and sawed-off shotguns. They are believed to be the same gang that shot up a Madison avenue barbecue last week after robbing patrons. An hour after Crickmore had been rushed to the hospital by his brother and other deputy sheriffs, four bandits whose descriptions tall'ed with Crickmore’s assailants, robbed Mr. and Mrs. C. R. Marcum, 939 Congress avenue, and W. F. Beher, Forty-second street and Cold Spring road, on the road at Fortyfourth street. Mr. and Mrs. Marcum were talking to Beher,’ a real estate salesman, when the Dandits forced Beher into Marcum’s large auto and Mr. and Mrs. Marcum into a small car similar to the one used in the Crickmore outrage. Marcum was robbed of 50 cents and his wife of $6. They were let out of the bandit’s car a block from where they had been robbed. The bandits took Beher to the Coffin golf course where they robbed him of money and jewelry valued at S6O. Forcing him to re-enter the car, they shoved him out at the county poor farm.
YOUNG TO DO HOME AGAIN SONG FEST Organist Will Celebrate His Appointment at the Circle With a Special Solo Starting Friday. DALE YOUNG, formerly organist at the Indiana, who recently returned to Indianapolis from Florida and a position there as organist for the Publix circuit, will celebrate his official appointment as Circle theater organist beginning Friday, with a solo entitled, “A Home Again Song Fest.” Young was bom in Indianapolis. His musical education was started when he was only 5 years old. Although he first studied to be a concert pianist, he eventually became interested in theater organ work instead. His artist training was gained at the Metropolitan Conservatory of Music and the Indiana College of Music and Fine Arts, now combined as
the Arthur Jordan Conservatory of Music. Young's first playing in a theater took place when he was 14 years of age. He is a graduate of Arsenal Technical high school. Organ music programs played by
Indianapolis Stocks
—Oct. 1— Bid. Ask, Amer Central Life Ins 50.... 1.000 •Belt R R & Ydrs Cos c0m.... 49 54 •Belt RR & S Yds Cos pfd 52% ... Bobbs-Merrill Cos 29 Central Ind Power C of pfd.. 88 93 •Circle Theater Cos com 106 88 Citizens Gas 22 Citizens Gas pfd 98 102 Commonwealth L Cos pfd 7%/. 97 102 Commonwealth L Cos pf 8%.... 100 Hook Drug Cos com (new) 21% ... Ind Hotel Cos Claypool com... 125 Indiana Hotel Cos pref ........100 Indiana Service Ctorp pref 86 Indianapolis Gas Cos com 57% 62% Indpls North Western •Indpls Power & Lt pfd.... .’.106% 108 Indpls Pub Wey As com 53 Inpdls St Ry Cos pfd 5 Indpls Water Cos pfd 101 103 Northern Ind P 5%s co pfd.. 92% . Northern Ind Pub 6% co pfd. 100 103 Northern Ind Pub 7% co pfd. 108 100 •Interstate Pub Serv 7% 100% 103 Metro Loan Cos 99 •Progress Laundry Cos c0m.... 41 45 E. Rauh & Sons Fer Cos pfd... 47 Real Silk Hosiery M Inc pfd. 90 Shareholders Investors C 0.... 22 Standard Oil of Ind 44% ... T H I * E nfd Terre Haute Trac L Cos pfd... 79 Union Title Cos com 26 Van Camp Prod Cos Ist pfd 97 Van Camp Prod Cos 2nd pfd.. .. •Ex dividend. BONDS Belt R R & Stock Cos 55.... 92 Broad Ripple 41 Central Indiana Gas Cos 55.... 99% ... Central Ind Power Cos 6s 99 Citizens Oas Cos 5s ....102 ... Citizens Street Railroad 55.... 42 ... Home T & T of Ft. Wayne 6s. 102 Ind Rv & Light Cos 5s 95 Indiana Service Corpn 5s 89 ... Indpls Power & Light Cos 55... 101 Indpls Col & Trac Cos 6s 97 Indpls Gas Cos 5s 100 104 Indpls & Mart Rapid T Co’s. 12 17 Indpls Northwestern Cos 9 Indpls Street Rv 45... 29 30 Indpls Trac Ter Cos 5s 79 82 Indpls Union Ry 6s 102 Indpls Water Cos 5%s 103% ... Indpls Water Cos 55... 99% ... Indpls Water Cos lie & ref 99% ... Indpls Water 4%s 95% ... Indpls Water W Sec Cos ss. 92 Interstate Pub Serv Cos 4%s .. 92 ... Interstate Pub Ser Cos 5s 99% ... Interstate Pub Serv 6%s 105 No Ind Pub Serv Cos 5s 103% ••• NoN Ind Telephone Cos 65... 98% 100 T H Ind & East Trac Cos 55.. 71 T H Trac Light Cos 5s 85
R. H. Gibson & Cos. 320 CIRCLE TOWER BLDG. INDIANAPOLIS Members Offices NEW YORK STOCK EXCHANGE BROADWAY CHICAGO STOCK EXCHANGE NEW YORK CINCINNATI STOCK EXHANGE N. Y. CURB EXCHANGE (Assoc.) CHICAGO BOARD OF TRADE p’kovid” bldg. CINCINNATI 400 FIRST AND TRI-STATE BtDG., FT. WATNE TAKE PLEASURE IN ANNOUNCING THAT MR. KNUTE K. ROCKNE HAS BEEN ADMITTED AS A SPECIAL PARTNER October 1, 1930 Telephone Lincoln 2341
> .
Owen Crickmore
AGED MAN SUICIDE Body Found on Floor With Gas Burners Open. A week age Abraham Wilkes, 80, and his wife, Mrs. Genevra Wilkes, separated. Today neighbors found the aged man dead in the kitchen of his home at 750 Concord street, obviously a suicide. He had spread bed clothing on the floor in front of the gas stove and turned on three burners. The house was filled with gas fumes. The widow has not , been located. Wilkes’ body was ordered sent to city morgue.
Local Wagon Wheat
City (train elevators are paying 72c for No. 1 red wheat and 66c for No. 1 hard wheat.
Young are broadcast every Wednesday and Saturday evening at 11:30 o’clock from radio station WKBF. He is conducting a musical trip around the world during his Wednesday programs. Other theaters today offer: Davey Lee at the Indiana; “Dixiana” at the Circle, "Common Clay” at the Ohio, “The Lone Wolf” at the Lyric, “The Office Wife” at the Apollo, “Whoopee” at the Palace, movies at the Colonial, and burlesque at the Mutual. AGREES TOJIL QUIZ Mitchell to Probe Charges of Former U. S. Chief. By United Press WASHINGTON, Oct. I.—Attor-ney-General Mitchell announced today that he would comply promptly with the request of .‘Secretary of Interior Wilbur for an investigation of the charges by Ralph S. Kelley, former chief of the general land office field division respecting disposal of government oil shale. BURY MARINE SUICIDE Wife, Hacked Brutally, Still Is in Critical Condition. Bu United Press WASHINGTON. Oct. I.—Lieuten-ant-Colonel Richard B. Creecy, United States marines, who hacked his wife with a hatchet and then shot himself in a hotel here, was buried with full military honors today at Arlington National cemetery. His wife’s condition continued critical today. She never has regained consciousness.
.OCT. 1, 191:,
CORN CROP NOW SAFE FROM ALL FROSTJNGERS Generous Rains During the Week of Great Help in Plowing. Bu United Pres* WASHINGTON, Oct. I.—Weekly weather report issued by the United States department of agriculture today said: “There was considerable interruption to cotton picking during the week because of frequent rainfall over much of the belt. Temperatures were generally favorable.” In reference to the corn crop the report continued: “The corn crop is now largely safe from frost except in a few sections were a considerable amount is still green, principally in the east central great plains and on some lowlands in the Ohio valley. “Good progress was made in cutting where this method of harvesting is practiced and picking has begun in the northwest with some cribbing in the upper Mississippi valley. “In lowa high winds tangled much of the com and blew off ears which will make husking difficult as machines can not be used. The generous heavy rains during the week in the north central sections Os the country were very beneficial for conditioning the soil for fallplowing and were of considerable help to winter wheat and rye already put in.”
YOUTH HIT BY AUTO IS HURT CRITICALLY Steps From Behind One Car Into Path of Another. Albert Vernon, 21, of 34 North Capitol avenue, was injured critically early today wehn he ran from behind one auto into the path of another, driven by Eathel Clampit, 37, of 4543 Madison avenue, at Walnut street and Capitol avenue. Police sent him to city hospital, where it was feared he had sustained a skull fracture. There also was a deep gash on his head. Clampit was not held. HELD ON THEFT CHARGE 72. A. Whitlow, 49, of 3322 Kenwood avenue, was held today oil embezzlement charges preferred by C. E. Brackett, Polar Cub Company manager, and Whitlow’s employer. He charged Whitlow with embezzlement of $262 of the firm’s money. Births Bovs William and Viola Smltha 5456 GuiUord, Roscoe and Mildred Willis. 1323 Bradbury. Russell and Margaret Williams. 3435 Wheeler. Girls Lester and Ina Smith, 438 Irvington place, girl. Deaths Joseph Banoch, 58, 2801 West Tenth, carcinoma. Marv I. Jordan, 55. 329 Erie, obstruction ol bowels. Herbert McDowell. 55. Central Indiana hospital, genera! paralysis. Bessie D. Briggs. 35. city hospital, mitral Insufficiency. James Leonard Bullens. 2. city hospital, Magnolia Stivers. 47. Methodist hospital, coronary thrombosis. George Bell. 25, city hospital, accidental. Dave Dufley. 42. city hospital, acuta cardiac dilatation. Mary Sallie Bowens. 35, city hospital, acute myocarditis. Lazo Manoff. 44. 58 North West, accidental. Lowden H. Carle, 65. 1404 Lexington, myocarditis. Elizabeth Hardman. 49. 871 Torbett. acute cardiac dilatation.
CAMPBELL and COMPANY BONDS and STOCKS Trustee Standard Oil Shares * 1418 Fletcher Trust Bid*. HI. 1891 JamesT.Hamill & Company Private Wires to AH Leading Markets. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Cnrb 203 Continental Bank Bldg. Tel. Riley 5493—Riley M 94
