Indianapolis Times, Volume 42, Number 157, Indianapolis, Marion County, 10 November 1930 — Page 10
PAGE 10
STOCK SHARES MOVE UPWARD IN NEW RALLY Oil Issues Exhibit Slight Weakness: Utilities Are About Steady.
Average Stock Prices
/veras* of thirty industrial* for Frt<lV n-as 174 38. off 6.34. Averam* of twenty rails was 108 01, off 3.96 Average of twenty utilities was 62 36, off 270 All prtres were new lows for 1930 Average of forty bonds was 95 76. off 06. Hu United Press NY?W YORK. Nov. 10— Drives against Fox Film A, Radio Corporation and a few other issuer, turned the trend cl the stock market downward near the end of tho second hour today Earlier in the session movements were growing complex. Opening irregular, the market advanced, ran .nto selling when utilities were attacked. and then set out on an upward course that brought advances of 1 to 6 points. This rise war, terminated shortly after 11 o'clock Around noon the list was highly j irregular, with the majority of issues on the downswing. United States Steel met support around the 140 level for a time, but toward noon felling became too great and the stock broke to anew low at 139%. ofT 1% points from Saturday's ,ass price. Unfilled tonnage of the United S ates Steel Corporation announced at noon showed an increase of 57,425 tons as of Oct. 31. compared with 'he total at the end of Scptemhcr. Good Gains Made Before the selling. United States Steel had reached 142 1 1 . up Hi from the previous close; American Telephone 190%. up 2%; Allied Chemical 193, up 6%, Bethlehem Steel 61%,! up 1%, and Consolidated Gas 86%. ! up 1% Substantial gains also had been made by the more expensive r hares. such as Case, Eastman, Coca-Cola and New York Central. The foregoing issues declined rapidly, most of them getting below' the 1 previous close. Meanwhile selling went ahead in many special Issues. Fox Film A was the. weak feature, declining 3% to 39'*■. New lows for tho year or 1 longer w ere made by Bethlehem I Steel at, 59%. ofT 1%; General Electric. 15' ;•. ofT 1%: Macy Loo',, cfT ;'%; Continental Shares 10%. off % and Chicago Pneumatic Tool, 7%. ofT Radio Hits Low' Radio Corporation made anew i low for the present stock at 14%, off j 1 point. Utilities were forced down 1 to j nearly 4 points with Public Service | and North American under severe j pressure The latter lost 3 points to j 63 and Public Service 3% to 67 ! both new' lows for the year. On the curb. Cities Service fea'ured in activity. The issue sold down at the opening, rallied to 17%. up % point and then sagged off ( again, touching 16%, off % net near noon. Tiie issue was selling at the same price on the Chicago Exchange. Announcement of receivership for Cosden Oil brought that issue down j to anew low at 2%, off % on the , curb.
Bank Clearings
INDIANAPOLIS STATEMENT —Nor. 10ciearlnfu ' $3,505,000.00 Debits 6.148.000.00 NEW YORK STATEMENT H i United Press Clearings $578. 000.000. 0n Balance 117.000,000.09 nil. Per Bnk. Cr. Bal 102,000.000.00 TREASURY STATEMENT Nat balance for Nov 7. ..$155,153,923.65 ' xpandltures 12.635.90''.f7 i .istoms recti-, month to date 6.950.095.41
New York Curb Market
tßv Thomson &. McKinnon) -No-,. 10 11:10 11:30 Am Com Pwr A IST* Mo-Kan Pipe .. 8'; Am Gas & El. 78 T e Mt Prod 6 Am Lt. A- Tr... A3' n National Av .... 3’o Ark Gas S’) National Xnv .. 4’ s \\iation of Am 26 Newmont Min .. 51', Brazil P & L.. 25'i'Nta Hud Pwr... 10 Can Marc 2’., Niles 20 1 8 Cities Berv ... 1"'- Noranda 15'., Cons Gas 85G Pantepec 1' 2 l ord 4's Penroad 6 3 4 Crocker &Wh.. 7 5 a Prince AcWhtlv l'i 1 ec Bond Sh. . 41’, Sel Indus 3 Ford of Can .. 19’, Schulte Ret 5 lord of Eng... 15’b Shenandoah .... 6U Fox Theater . s' a Std of Ind 38 3 4 Goldman Sachs 9 5 8 Std of Kv 22'. Gulf Oil 76 Trans Air Trans 6>, Hudson Bav .. 3 r s Un Gas (new).. 8 : * Humble Oil . . ll'j tin Lt 1- Pwr... 26’, . ltd Pipe 22> e Un Verde 7 : ■ I Tnd Terr A..*. 18 Ut Tn Ind 7’a llnsull Ut3359 5 Ut Pwr <U . I T nt Super .24 Vacuum Oil .... 61 I- • Petr 14'a Walgreen 22’.. I Midwest Ut. 19' v
Net Changes
I /'• r United l lr jw I NEW YORK, Nov 8 Closing prices and net changes on principal locks traded today on the New York Stock Exchange follow: Up. Off. American Can 109 ... *a American & Foreign Power 38 7 .. . American telephone 188 ... 1 3 Bethlehem Steel 60* 2 ... I 3 * Case 104'a '2 consolidate Gaa 85 .. 2’ IDeetrlc Power 40's ... General Electric 47 ... l s General Motors 32’* Houston Oil 34 , 4 ... Pi International Telephone .. 26' 8 3 8 ... l oevrs Inc 57' 4 ’4 Montgomery Ward 17 ... 3 i, national Biscuit 7.'* ... Tvcirth American 66'4 ... 5 3 a Pennsylvania 59 5 a . . l T P.adio 15>4 . . 1 3 , rs Roebuck 15' . . ' : ’ndsrrt Oil N. J 51 ... 1 j •'■ion Carbide . S5 3 a l*a tted States Steel 140' .. Vanadium 4o' 3 V.'e tlnghO'JSC Electric ... 96't '2 ...
New York Bank Slocks
Bv Thomson & McKinnon) -Nov. 8— -Close.— Bid. Ask. I America 70 71’ 2 Bank of United States 26 3 4 27''; Bankers 108 109 Brooklyn Trust 616 625 central Hanover 246 248 Chase National 100 101 Chatham Phoenix Natl 81 84 < itemicai 47 48 ntv National Ill’; 113>. Corn Exchange 132 136 Commercial 265 280 continental 18'i 19 ! noire 58 59 First National 3.600 3.675 Guaranty 476 480 Inina K 34'.• 3j ! 4 MsnhaUan-6: Cos. 85 86 Manufacturers 62 63 : York Trust 172 176 n. hltc . ..; 74 76 C-lsea .. 23’- 24'. Steel Orders Up I 11 United t'rerr NEW YORK. Nov. 1C —Unfilled orders of the United States Steel <'orporatlon increased 57,425 tons curing the month of October to a total of 3,481,763 tons, the corporation announced today. Sept. 30 unfilled tonnage amounted to 3,424.338. on Aug. 31, 3.580.204 sod a year ago, 4086.562.
New York Stocks IBv Tbomion & McKinnon)
—Nov. 10— Railroad*— *£*][■ High. Lot. 11.30. close. At fill son 191% 189 10 90’’ All Coast Lin? Balt & Oillo . . 76% 76% .6% 75* Chess * Ohio 40% 40 40' 39 4 Chess Corn **% 44 Chi Ort West. ** .V Chi N West . . 49 . v a CRI4P.. 63 Del L ft W . , , Del 8c Hudson . 136% 134 138"* 13. j Frie 32 31% 32 .1 Frle Ist nfd ■■■ 46 , Ore*? Northern 6363 63 cj ( %'f Mob * Oil Illinois Central J! At tou A- Nash .. . 13 ? 3 J ?? r MK 4 T ... 22% 21% 21% * Mo Pacific Did 100’. 00% ]O"% JM, • N Y Central .130 129 130 128 2 Nickel Plate 35% So NY NH A- H .... 80% 80 80 a ‘9 , Nor Pacific 52% 51 • 51 i ■}“ * Norfolk 8t West 200 189 199 129% q f. #;•* 6*.2 “ : Pennsylvania . 59% 59% 59% 59% , Radir.e 91 89% ®l 87 •So Pacific . *’> 9*% 99% 99 • Southern Ry 64% 63% 64 4 63 * St Paul 7% 6% 7% 7% St Paul nfd . 13% 13 13 12 * St LA: S F 66% 6o'a 85% 86 , Tayas i Par ■ • • IWo Union Pacific 133 180% 181% 183% W Maryland 11% - 10% 11 ]6, West Pacific 10 * Equipments— ... Am Car A: Fdv 34% 34’, 34% ■d' Am Lccomottve 30% 30 30 30 i Am Steel Fd . - 25.a 25 4 Am Am Brake 8 3., 3j 4 Gen Am Tank . 64 63% 6* 63 a (irnera! Flee 47% 48% 47% 4i f en Ry Signal.. . fi o •>2% r jrna T,oco 21 Vis 22 Pr s Stl Car . . • Pullman . *2., xS.'* Wp Mnph Ar 83332 3 Wer.tireh Elcc... 99 96% 98% 96% P libbers—risk ... i % i Goodrich 16% 17% Goodyear .42% 42 42 40 Kelly Sp r gfid . 1% lee Rubber . 3% 3 i jU S Rubber 1214 12% 12% 12% Motors— . , Auburn 67’ 2 63'4 61% 64 t Chrysler 15 14% 14% 15 f'prdner 1 % 1 Graham Paige 4 * ‘ :ieral Motor; 33', 32% 33% 325. Hudron 19 18% 18% 19 Hr OD 8 Mack 41 % 41 41 41 Marmon • •• • • Mad 25% 25% 2n% 2*;i ®c!:ard . ... 8. 7% , Studebaker . . 19% 18% 19% 19% rrucl 9 8% 9 9 Motor Access — ' n Borh. . .. ■ 21’ Bendi;- Aviation 13% la J 5% 15"* Bore Warner 15% 1 ’ 1 15% !•* i Brieps ... 14% 14% 14'* If Rudd Wheel .... 9% 8% 9 S;n Eaton ■ • ... ... 12', Fi Storage B 52% 51% 01% 52% Haves Body 3% 3% ! Honda 9 •> Motor Wheel .. 15 14% 14% la'. Snark; W 1>9% JO. 4 Rf-etvart Warner 16% 15-% 18% 16% Timken Roll 44% 44 44% *5 Mining—- ! Am Metals ■ • 21% |Am Smelt 509* 49 50 49 lAm Zinc ... ... .9 j Anaconda Cop.. 35% 34% 3a’* 34 j Cal & Hecla 8% 8% ■ Cerro de Pasco.. 28 27’., 28 28 Freeport Texas.. 3M4 31% 32’, 31% Granby Corp }3% Great Nor Ore . .. . . • 18% , Howe Sound ... 20% 20% •nt Nickel ... . 18% 17% 18% 17% inspiration ... 8% 8% %'ennecott Cop 36% 25% 26% 25% Magma Cop . 21 20*8 21 27", Miami Copper ... 8% 8 Wc Cons 9% 9% 9% 9 8 'eras Gul Sul 51% 50% 50’, 50% U fi Smelt 20%' 23% Olv— Amerada ■ 21 * 21’ 1 Am Repubiic... 10% 10% 10% 10% Atl Refining 19% 18% 19% 19, , RamadaU 14% 14 14 14% Beacon ... ... _?% Houston 36% 36 38 31 Ind Oil 13% 13 13% 13% Indian Refining.. .... 4% 4% Mex Seaboard... 11% 11% UVa U s o i Mid Conti 17 17 Pan-Amer (Bt 44% 40Phillips 18% 18% 18% 18-,a ; Pr Oil & Gas. . 21 21 i Pure Oil ll'i ll'i 11% 11% j Richfield 6% 6% 6 3 a 6% I Royal Dutch.... 41% 40% 40% 43% Shell On 9% Simms Pt t% .7% j Sinclair 12% 11% 12% 12% Shelly 11% 11% 11% 10% i Standard of Cal 50'.- SO'.s 50% 50% I Standard of N J 51% 50", 50% 51 Standard of N Y 25% 25'* 25% 20% i Texas Cos 37% 37% 37% 37% i Union Oil ... U7’,e 27% i Steels— Am Roll Mils. . 33% 32% 32% 32% Rethlehein 60% 60'* 60 3 a 60% Byers A M. .40% 40% 40% 40 (Colo Fuel 21 % 21% 21% ... 1 Cruc Steel 52 . 52 01 'lnland . . ... , 61 Va i Ludlum 13% 1Midland ••• J 7 Newton 16% lb Rspub I& S 17% 17’. 17% 1.% II S Steel 142 140% 142 I>o Vanadium . 46% 4a% 46% 4a% j Youngs* S & W 20 Younpso S A: T . .. ... ... >5 Tobaccos — Am Tob <AI new.TOSTs }5 5 - 8 8 Am Toh 'Bi new 108 107-* 108 110_ ! General Cigar... . ... 38% 38 4 'ig & Myers 8.. 8-* 83% 83% 83% j Lorillard 11T H% IJ*4 11 Phil Morris 9% Reynolds Tob 44 43% std com Tob ■ 3 ;•* Tob Pr A 10% 10% j United Cig 4% Adams Exp ... *8 17'/a Am For Pwr... 36% 36% 36’s 36 !Am Pwr &Li . 50 48 3 4 50 48% AT&T UO 188 189% 188% f'o! Gas &El 46% 35_ 35% 35% Com & Sou . 8 7% 8 8 FI Pwr &LI 41 40'* 41 40% Gen Gas A 5% 5% Inti T&T . . 27 26 27 26% 1 Natl Pwr & Li.. 32'., 31% 32% 32 "o Araer Cos ... 66% 64% 66% 66'., ire Gas REI d H* : , 46% ‘‘6% 46% Tub Ser N J . . 70% 67% 69 70% So Coi Edison., 47% 47 47 46% std G& El ... • 67'* 66’., 66% 67%. United Corn 17", 16 , 16- 16% ; tit Pwr & L A.. 22', 22% 22% 22% Wt't Union ■ ■ . 13G 133 5 s Sb'pninr— Am Inti Corp .. 19 I*% 1 Am Shin & Co'u .. ’% ' Atl Gulf &AV I 46% 46 46 47 ! Tntl Mer M pfd 15% No Gill Lloyd.. 34% 34 3i 33% United Fruit . . 66 65% 65 s * 66% Foods— I Am Sug 42 42 • Armour A 3'i 3 : * Beechnut Pkg.. 48'* i Cal Pkg 50% Can Drv 37% 37 37% 37 I Childs Cos 33 Coca Cola .....151 1!8% 150% 148 Cont Baking A . . . . 18 18% Corn Prod 76% 75 76% 74% Cam Wheat ... 28% Cudahv Pkg 42% 41% j Gen Foods .... 51 50% 50% 50% i Grand Union . . ... 12% 12% Hershev . . ... 82% 81% ] Jewel Tea ■ ■ ... 39% j Kroger 21% 21% 21% 20% Nat Biscuit 77 76 76% 75 Pillsßnry 28% Safeway St 49% Std Brands 15% 15% 15% 15% Ward Bkg ■ ■ • • 5 Drugs—- , Ooty Inc 9 3 * 9’s 9% 9% ' ’.ambert Cos ... 80 79% 80 76'/* Lehn A- Fink 24 Industrials— Am Radiator . 19% 13% 19% 'B% Bush Term 24% 24 24 24' f'ertainteed . 3% 3% Gen Aspnalt . 29% 29 29 23% Lehigh Port ... 15% Otis Elev 52 50% 50% 49% Indus Clients—i Allied Chem 190-% 187% 190% 186%
Indianapolis Stocks
—Nov. 10— B:1 Ask Am Central Life Ins Cos 800 Belt R R S Yds Cos com 48 53 Belt R R & S Yds Cos old 6T, 54 Bobbs-Merrill Cos .. 28 -5 Central Ind Power Cos pfd 1%. 87 90 : Circle Theater Cos com 7% 104 Cicizens Gas Cos com IOG 24 Citizens Gas Cc ofd se> ... 98 IU3 Commonw Loan Cos old 85...1W Commonw Loan Cos ofd 7ei... 97 101 Hook Drug Cos com 20'- 21'. Ind Ho*el Cos Clavoool com. 125 Ind Hotel Cos nfd 6G 100'.• Ind Serv Coro Did 6G, ........ Indp's Gas Cos com 6 <7, SP 6° Tndpls Pow Lt Cos ofd 6G- 102'.: 105'. tndpls T Weil L As com B^. . 52 i Tndpls St Railway Cos old Indips Wa Cos ofd 5 L 101 ’4 Int Pub Serv Cos pfd 7U... ... 99 ini T nter Pub Serv Cos pld 6T .... 86 90 Metro Losn Cos RG 1W( Northern Ind Pu Sv Cos s'2'T.. 91 95 No Ind Pub Serv Cos pfd 6G>., 98 102 No Ind Pub Serv Cos pld 7%..107 110 Progress Laundry Cos com 39 E Rauh & Sons Fer Cos ofd 6<7. 47 Real Silk Hos M Inc pfd 7%. .. 85 Shareholders Investors C 0.... . Standard Oil of Ind 37 5 4 ... Terre Haute Trac Light 75 Union Title Cos com 3ef 27 Van Camo Prod Cos Ist pfd 1% .. 90 Van Camp Prod Cos Ist nfd BYe .. 100 BONDS Bd As* Belt R R A- St Yds Cos 4s 87 ! j ... Broad Ripple Trac Cos 5s 15 Central Indiana Gas Cos 55... 98 Central Ind Power Cos 6s .97 Citizens Gas Cos 5s 101 Citizens Street Railroad 5s .. . 30 31 Garv Street Rv tst fts 6V Home T A T of Ft Wavne Ss.inS'i 104 Tnd Railway & Light Cos 55.. 95 Ind Service Corpn 5s 87'i Tndpls Pow & Light Cos 5s . 100 10**4 Indnls Cos! & So Trac 65.. Indnls Gas Cos 5s 100 ! 4 Indnls A- Martins* Ra Tr Cos 5s 12 Tndpls fz Northw Trac Cos 5s 6'4 ... Indpls Street Rv 4s 13 Ir.dpls Trac & Term Cos 5s .68 tndpls Un Rv 5s 102 Indpis Wa Cos 5 _s of '53 .. 103 10414 I Indpls Wa Cos s’ a s of ’54.. .103 lo4’s IndDls Wa Cos ien & rel 5s Ist 99 Indpls Water Cos 4 ! ss . .. 96 9744 Indpls Water Worss Sec Cos Si *' Interstate Pub Serv Cos 4’js 90 Interstate Pub Service Cos 5s . 97 Inter Pub Sv Cos B 645s 105 i No Ind Pub Serv Cos 5s Iol' No Ind felenh Cos 6s oai, 100 I Ter Hte Indpls & East Tr Cos 5s 50 Ter Haute Tr At I.* rso a tto —Sale*— ? La Cos at ....... iO’a
Com Solv 16% 15% 16% 155* Union Carb 57% 555* 57% _sa% U S Ind A1c0.... 60 59 % 60 59% Retail Stores— Gimbet Bros 6 6 Kresge 8 S 26% 26% May D Store. 36'* 36 36% 35% Mont Ward .. . 17% 17 17% 16-* Per.nv j c ;. 36 35% Schulte Pet St 5 o Sears Roe 46’ 4d% 46 j 4o a Wcoiworth .... 59'* 57% 58% 58 Amusements— Bruns Balke 13 13% Col Graph 11% 11 11% 11 crosley Radio .. . . ... 7>/a Eastman Kod ..182% 158'i 160% 157 Fox Film A.... 34% 31% 31% 34% Grigsby Grunow. 3’s 3% 3-* 3% Loews IIIC .... 58% 57', 57% 57% Param Farm ... 45% 44 44 44 Radio Corn 16% 15% 15% 15% R-K-O 20% 20% 20% 20% Schubert 5 Warner 8r05... 17% 16% 17% 17% M'seellaneous— Airwav App 10V* 10% City fee & Fu 37 Congoluem 8% 8% 8% 8% Amer Can 111% 109% 110% 109 Cont Can 46’* 46 46’* 45% Curtiss Wr A.... 3% 3% 3% 3% Gillette S R .... 31% 29% 30% 29 Real Silk 33 Ulcn ... 15 15%
Investment Trust Shares
_ 'By R, H. Gibson & Cos.) -Nov. 10PRICES ARE TO 12 NOON < . S. T. Bid. Ask. Amer Founder's Corp c0m..... s'B % Am & Gen See, A 14% ... Am In'. Trust shares 5% li 1 Basic Industry shares 6% 7% Corporate Trust shares 6 6’* Diversified Trustee shares A.. 17% 18% rirst American Corn 7% 8% Fixed Trust Oil shares 6 6’* Fixed Trust shares A 15% . . Inv Trust. NY 6% 7% Leaders of Industry series A 8% ... Nation Wide Securities 6% 7 National Industry shares 6% 7% N Am Trust shares 6% 7 Sei Am shares S’* 6% ! Shawmut Bank Inv Truust.... 10 12 Universal Trust 6% 6% S W S'rauss Inv Units. . 45 5f Sud Corp of Am Tr shares A 6% 7% Trustee Std Oil A 6% ... Trust- Std Oil B ... 7 7% U S Eler Li & Pwr A. 29% 31% BIOS TO BE QPEff 0 Board Prepares to Build New School 69. Bids for construction of anew building for School 69. Thirty-fourth ; street and Keystone avenue, will be received by school commissioners Tuesday night. A ten-room brick structure to replace the portable school building at Thirtieth street and Keystone avenue is under consideration. The board may act on a petition to name School 57, Washington street and Ritter avenue, in honor of George W, Julian, former congressman and Irvington resident. This honor for Julian, candidate for Vice-President on the Free Soil ticket in 1352, is sought by the Irvington Union of Clubs. LOVE PLOT TO JURY Slaying of City Man to Be Investigated Nov. 17. With the murder of Raymond Cole, Indianapolis man, whose bul-let-riddled body was found more than a week ago near Greenfield, explained as a love plot to “get rid of Cole,” Hancock county authorities today prepared evidence for presentation to the grand jury Nov. 17. Mrs. Marie Cole, 25. ividow of the murdered man. and Frank Jordan, 25, are held in jail at Greenfield on murder charges, after it is alleged both confessed parts in the plot to ! slay Cole. Other Livestock LOUISVILLE. Nov. 10.—Hogs—Receipts. I 1.400: market uneven: 300 l'os. up. $8.50; I 200-300 lbs.. 59.10; 175-200 lbs., $9.10: 130175 lbs.. 58.55; 130 lbs. down. $7.75; roughs, 57.70; stags, $6.70. Cattle—Receipts. $9: market steady: prime heavy steers. SB4, 9.50; heavy shipping steers. $6.50418; medium and plain steers. [email protected]; fat heifers. $4479; good to choice cows. s4t®s: medium to good cows, 53.50®4; cutters, $3 ®3.50; caners. $2,@2.75: bulls. s3©s; feeders. $64*7; Stockers. $44*6.25. Calves— Receipts. 500; market 50c lower; good to choice, S7©9; mediums. $54*6.50; common to medium, $34*4.50. Sheep—Receipts. 200; market steady; ewe and wether lambs. $7.50: buck lambs. 56.50; seconds. s44* 4.50: clipped sheep. $24/3. Saturday and Sunday shipments: Cattle, none; calves, 130, hogs, none; sheep, none. It > Vnitcd I’rr.m PITTSBURGH. Nov. 10—Hogs—Receipts. 4.500: market steady with Saturday average 140-240 lbs.. $9,504*9.65; pigs, mostly 25c higher: better grades. 59.25 "a-9.50 • 1 packing sows, *84*78.50. Cattle—Receipts, 1.0C0; strong to 25c higher; good beef j steres. SB-254*9.50: comon and medium. $5,504* 7.75; medium and good heifers, ss4*.' ; 7.50: beef cows. $4.50475.50. Calves Re- ' eeints. 6CO: steady; choice vealers. 811® ; 12.50; medium to good, $64,10.50. Sheep— I Receipts. 4.500; around steady, with Fri- : day: choice light and medium-weight fat | lambs, sß4* 8.50. | Chicago Stocks Opening (By James T. Hamill & Cos.) —Nov. 10— (Assoc Tel Util. 20%|Insull pfd 81 Auburn Motors 65 Insuil 6s 1940... 86% Bendix Avia .. 15%( Lynch Glass ... 16 Borg AVarner .. 15% Ma.iestic Hsehold D% (Cord Crpn .... 4%:Middlewest com 19% Conti Chi Cor c 8% Nat! Securities c 7 Conti Chi Corp 42 Natl Pw & Lt.. 61 j chi Corpn com 5% Nor & So Amer 10 Chi Corpn Pfd.. 40%|Natl Standard.. 23 Chi Securities. 16% Swift Internatnl 31 Grigsbv Grunow 3% U S Radio & Tel 14 1 Houdi B 4% Util & Indus c 7'A Elec Hsehold .. 24 util & Indus pfd 19 Insuil com .... 40 iZenith Radio .. 3 NEW YORK COFFEE RANGE —Nov. 8High. Low. Close March 5.90 5.80 5.81 May 5.66 5.65 5 65 September 5.47 5.43 5.43 December G. 75 .... 6.75 Oil Company Is Formed Formation of the Automotive Solvents Company, as distributors of i petroleum products manufactured by the Commercial Laboratories, Inc., was announced today by C. G. Dunphy, Chamber of Commerce, acting industrial commissioner. Offices and shipping rooms are in ! the Wimm-er building, Illinois and ! New York streets.
Teachers and Pupils
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the india::;us times
SWINE MARKET SNOWS WEAKER TONE AT YARDS Cattle Trend Holds Steady; Sheep Prices Unchanged From Last Week. Bulk Early Top Receipts Nov. 1. $9.05© 9 40 $9 40 9.000 3. 9.154*. 9.50 9.50 6,000 4. 9.25® 9.60 9 70 3.000 5. 9.25 ft 9.75 9.75 600 6 9 05® 9.35 9 35 8.500 7. 9.25 ft 9.40 9.40 5,000 8 9.30® 9.40 9 30 3 500 10. 9.25® 9 30 9.30 9,000 Hogs were mostly steady to 5 cents lower this morning at the city stock yards, some underweights showing a sharply off trend. The bulk. 160 to 300 pounds, sold for $9.25 to $9.30, $9.30 being the early top. Receipts were estimated at 9,000; holdovers were 91. The early trend in cattle was fully steady with the later tone weak to lower. Receipts were 600. Vealers were steady, selling at $11.50 down. Calf receipts were 300. Sheep were steady with Friday's average. Better grade lambs making the market at $7 to $8.50. Receipts were 1,500. Chicago hog receipts 53,000, including 25.000 direct. Holdovers were 1,000. The market was slow with asking steady with Friday’s average. Early bids and scattered sales steady to 10 cents lower. Good and choice 220 to 240 pound weights $9.20; 170 to 200 pounders around 59.10. Cattle receipts were 23,000; calves 3,000; the market steady to 25 cents lower HOGS Receipts. 9,000; market, loner. Light Lights—-*l4o-160) Good and choice .. .$9.10 - —Light Weights—-(l6o-180) Good and choice 9 25 (180-200) Good and choice.... 9.25 —Medium Weights—- • 200-220) Good and choice.... 9.25 1229-250) Good and choice.... 9.25@ 930 —Heavy AVeights—-*2so-290) Good and choice.... 9.30. (290-350) Good and choice. .. 9.00® 9.30 —Packing Sows — *275-500) Medium and good.. 7.50® 8.73 (100-130) Good and choice.... 900 CATTLE (Slaughter Class! Receipts, 600; market, steady. Good and choice , [email protected] Common and medium [email protected] 1,100-1,500* Good and choice 10.75®11.00 Medium 7.50613.25 —Heifers—-(sCo-850) Good and choice 9.004712.00 Common and medium 5.00@ 9.00 Good and choice 5.50® 7.00 Common and medium 4.25 ft 5.50 Low cutters and cutters 2.50@ 4.25 —Bulls (yearlings excluded) Good and choice beef 5.00® 6.50 Butter, common and medium. 3.00® 5.00 CALVES AND VEALERS Receipts, 300; market, steady. Good and choice $11,004* 11.50 Medium B.oo® 11.00 Cull and common 5.00@ 8.00 —Calves—-*2so-300) Good and choice 7.50® 10.50 Common and medium 5.00® 7.50 STOCKER AND FEEDER STEERS Good and choice $ 6.504S 8.50 Common and medium 4.50@ 6.50 , (800® 1,050) Good and choice [email protected] Common and medium 4.50® 6.50 SHEEP AND LAMBS Receipts. 1,500; market, steady. Good and choice $ 7.00® 8.50 Common and medium 5.00@ 7.00 —Ewes— Medium and choice 2.50® 4.00 Cull and common I.oo® 2.50 Other Livestock Bv United Press CHICAGO, Nov. 10.—Hogs—Receipts. 33.C00; including 23,000 direct: slow, steady to 10c lower; too. $9.25 for hoice 280-lb. weights; bulk all weights. $9419.20; packing sows. [email protected]; light lights. 140-160 lbs., good and choice. [email protected]; light *veights. 160-200 lbs., god and choice. s9@ 9.15; medium weights. 200-250 lbs., good and choie. $94*9.25: heavy weights, 250350 ihs.. good and choice. [email protected]; packing sffws. 275-500 lbs., medium and good, $7.75478.65: slaughter pigs. 100-130 lbs., god and choice. [email protected]. Cattle—Receipts. 23.000; calves. 3,000: few loads strictly good and choie. fed steers and yearlings about steady; all others, inluding she stock. 25c lower; largely a steer run: medium to good grades predominating: most steers carrying too much weight; early top long yearlings, $13.40: weighty steers. $12.50. Slaughter cattle and vealers—Steers, 600-900 lbs., good and choice. $11.25@14; 900-1100 lbs., good and choice, $10,504*14: 1100-1300 lbs., good and choice. $9,754* 13.50: 1300-1500 lbs., good and choice. [email protected]: 600-1300 lbs., common end medium. $6.254*’9.75: heifers, 550-850 lbs., good and choice. $9.50@13; common and medium, $5.25 @10: ows. good and ehoic”. $5,504*7.75; common and medium. SlftS.7s: low utter and outers. s3@4: bul's, 'earlints excluded: good and choice, beef. 5545 6.25; cutter to medium. [email protected]: '•eaters, milk fed. good and choice, sß® 10.50: medium. $7478: cull and common. ssft7. Stocker and feeder cattle —Steers. 500-1050 lbs., good and hoice. $7479: common and medium. $5.25@7. Sheep—Receipts. 23.000; fat lambs. 154525 c lower than Friday; sheep and feeders, steady; earlv bulk natices and fed range lambs, [email protected]; few. $8.75; white faced feeding lambs. $7: fat native ewes. $3 @3.75; lambs. 90 lbs. down, eod and choice. $7.75 4*8.85: medium. [email protected]: all weights, common, $4.75 476.50: ewes. 90-150 lbs., medium to choice. $2.25@4; all weights, cull and common. $14*2.75; feeding lambs. 50-75 lbs., good and choice, [email protected]. B v United Press EAST ST. LOUIS. 111.. Nov. 10.—Hogs— Receipts. 14 000; market 10@15c lower; top $9.30; bulk. 170-250 lbs., $9.15<g9.25; 100-180 lbs.. [email protected]; / packing sows. $7 75478.50. Cattle— Receipts, 5,200; calves. • 2 800:' market, trading slow; a few de- ! sirabie lightweight steers, steady; indications steady on mixed yearlings and heifers' vealers 75c higher, at 512.50; other classes around steady; a few steers. $8.40 4712,60. Sheep—Receipts 1.603; market, a fe '.-choice lambs to city butchers fuilv steady at $8.25; packers weak to 25c lower'; indications steady on sheep. Bv United Press CINCINNATI. 0.. Nov. 10.—Hogs—Receipts. 4.200; heldover. none; 25c to 35c lower; bulk better p-ad”, 'r, 0-704 ' ■ 59.40; 160-180 lbs.. $9.15 to mostly. $9.25: 120-150 lbs.. $8.75©9. mostly $9 on 130 lbs. up; sows. $7.50 to mostly $7.75. Cat-tle-Receipts, 2.300; calves. 275; better grade yearlings and heifers, fairly active; fully steady at $84*11: small choice lots heifers averaging 825 lbs.. sl2: general steer market, slow: most bids. 25c to 50c lower: bulk of value to sell at [email protected]: beef cows, steady, mostly [email protected]; bulk low cutters and Cutters, $2.70@4; bulls, slow. $5.50 down; vealers. steady to 50c lower: good and choice, $104711.50; lower grades. $9.50 down. Sheep—Receipts. 700; steady, on all classes: better grade lambs. $7.50 to mostly $8; common and medium, [email protected]: fat ewes. *2@3; culls downward to sl.
BELIEVE IT or NOT
lint* 111 ■! Tl l r~ I s this a Business ? “A” HAP 30 APPLES AND WAS SELLING tort z For 5* Total *.75 “if HAD 30APPLL5 AMP WAS SLUING J* tet 60 APPIES S For loLwa *fouM • y.’.it' ' MEASURED Zoh INCHES t CdifomdK Qodwxd - The World's Most durable Lumber. TREES AT CiescehtGty, Cal ~— —— ONE GROWN OVER. THE OTHER. - A ftp Bol* B-IO STtLL GOOD FOR LUMBER/* % I’M, King Feature* SyeiieMt Ist.. (Sen Bmile r*hu retem*
Aviation
Weather conditions in the air at 9 a. m.: Southeast wind, eight miles an hour; barometric pressure, 30//2 at sea level; temperature, 49; ceiling, 200 feet: visibility, one-fourth mile; field good. Arrivals and Departures Mars Hill Airport—Richard A. Arnett, pilot, Indianapolis to Lafayette, Stinson, three-passengers; David Shouse, student, Indianapolis to Louisville; Embry-Riddle passengers to Cincinnati included Lee Argadine, 2618 North Olney street; passengers to Chicago included C. A. Carrell. 3175 Boulevard place; T. A. T. passengers westbound included Harry Peppel, Elmer Wuest and Herbert Wuest, all of Cincinnati; A. G. Kline, Louisville, and W. E. Milner, Frankfort; east bound T. A. T. passengers were J. Goldtend, Indianapolis; George Spindler, Indianapolis, and N. U. Gilman, 4360 College avenue. Capitol Airport—B. E. Jacques, Thorntown to Indianapolis and return, Faglerock; Luther Dillon, Capitol ai*port pilot, Indianapolis to Pittsboro and return, Eaglerock. Hoosier Airport—Bob Shank, Hoosier airport president, Indianapolis to Memphis, Tenn., Travelair, with Mrs. F. W. Stanford, co-pilot, and F. W. Stanford, passenger. Holds Speed Marks Si/ Unit'd Press ROCKLAND, Me.. Nov. 10.—An 18-year-old youth who took his first airplane ride little more than a year ago held today the junior speed records for both the eastward and westward crossings of the United States. The young aviator, Stanley Boyn - ton of Lexington, Mass., acquired his second record when he landed his scarlet Curtiss-Cessna monoplane at Scarboro airport here Sunday at 4:20 p. m., thus completing a flight from Los Angeles in 20 hours, 29 minutes. This was 3 hours and 24 minutes better than the time set by Robert Buck of Elizabeth, N. J„ for the shorter Los Angeles-New York journey. Boynton had supplanted Buck as east-west record holder by covering the Rockland-Los Angeles flight in 23 hours, 56 minutes. Form Flying Club Organization of Indianapolis’ first flying club, to stimulate interest in aviatiipn by providing means to fly at cost distributed among from fifteen to twenty members, was announced today by Captain George Fuller, president. The American Eagle Flying Club is similar in organization and purpose to many clubs formed throughout the United States. Officers, besides Captain Fuller are: George Walker, vice-president, and Jimmy Walker, secretary and treasurer. Headquarters will be announced soon, they said. Another Hawks Record Un United Press NEW YORK. Nov. 10.—Frank Hawks holds another air flignt record. His latest is from Havana to New York, and he made it in 8 hours and 44 minutes. The flight was completed Sunday afternoon in the same low--winged Travelair monoplane in which Hawks has set several transcontinental and shorter distance flight records. Hawks stopped en route at Miami, Fla., and Charlotte, N. C. Dividend Declared The board of directors of the Central Indiana Power Company nas declared the regular quarterly dividend of l s i per cent on the outstanding 7 per cent cumulative preferred stock of the company, payable Dec. 1, 1930, to stockholders of record Nov. 20, 1930. Colgate Firm President Dies Bv United Press ORANGE, N. J., Nov. 10.—Sidney M. Colgate, chairman of the board of directors of the Colgate-Palm-olive-Peet Company, died today at his home. H* was 68.
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything’ depicted by him.
Following is the explanation of Ripley’s “Believe It or Not’’ which appeared in Saturday's Times: Against Polish Law to Print a Picture of Nietzsche—The government of Poland, which is de jure a constitutional democracy, is dominated by Marshal Joseph Pilsudski, who exercises what is described as a “benevolent dictatorship.” The portrait I drew is that of Nietzsche, the famous German philosopher, whom Marshal Pilsudski resembles to an extraordinary degree. Nietzsche is said to have died in an asylum for the insane. Pilsudski’s political opponents in Poland attempted to use his resemblance and some derogatory facts from Nietzsche’s past to attack the marshal personally. The Polish government, which after the recent dissolution of parliament exercises legislative powers, enacted a law making it a crime to publish Nietzsche’s picture. The story was copiously commented on by the newspapers of Germany and Czecho-Slovakia. Tuesday: A Mason for seventyseven years.
Produce Markets
Eges (Country Runt—Loss off delivered In Indianapolis. 25c: henery duality No. 1. 38c; No. 2. 15c. „ . „ Poultry (Buying Pricesi— Hens, weighing 5 lbs. or over. 19c: under 5 lbs.. 17c: Leghorn hens. 13c: springers. 5 lbs. or over. 19c or under 5 lbs.. 17c: ducks, springers. 12c: old cocks. 9@llc: ducks, full feather fat white, lie: eerse. Bc. These prices are for No. 1 top aualitv auoted bv Kingan & Cos. Butter (wholesale!—No 1. 41@42c: No 394040 c. Butterfat—39c. Cheese (wholesale selling once per poundi-American loal. 31c: pimento loai. 32cc: Wisconsin firsts. 27c: Longnorus. 21c New York Limbercer. 36c. Bn United Press CINCINNATI. Nov. 10.—Butter, weak; creamery in tub lots, according to score. 32® 35c; comon score discounted 24*, 3c; packing stock. No. 1,30 c; No. 2. 25c; No. 3, 15c; butterfat. 33ft35c. Eggs—Strong; cases included: Extra firsts. 43c; firsts. 33c; seconds, 29c; nearby ungraded, 38c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over, 19c: 4 lbs. and over. 17c; 3 lbs. and over, 13c: Leghorns, 3 lbs. and over, 13c; roosters. 13c; colored fryers, over 3 lbs., 20c; broilers, colored over 2 lbs., 20c; broilers. 1% lbs. and over. 23c; Leghornes and Orphington broilers, 1% lbs. and over. 18c; broilers, partly feathered. 12c; Leghorn and Orpington fryers over 2 lbs., 16c; roasting chicks, 4 lbs. and over, 20c; black springers. 12c. Bv United Press . . NEW YORK, Nov. 10.—Flour—Quiet and steady; spring patents. $4.45ft4.75. Pork— Ouiet'. Mess—s33.so. Lard—Steady. Middle West—Spot, $11.95ft12.05. Tallow—Quiet; special to extra. 4'%@:4%c. PotatoesSteady; Long island, 150-340 Barrels; Maine. $2,254*3 25 bbl.; Canada. 75c4i51.90 basket; Idaho sacks. [email protected]. Sweet— Potatoes —Nearly steady; Southern baskets. [email protected]: Southern bbls., [email protected]; Jersey baskets, 65cft$2.. Dressed PoultryQuiet; turkeys, 204740 c; chickens. 154*37c: fowls. 134*28c: ducks. 164721 c; ducks. Long Island, 19ft22c. Live Poultry—Dull; geese. 1247 19c; ducks. 14@23c; Fowls. 17ft 25c; turkeys. 25ft 30c: roosters. 164717 c; chickens 18ft 25c: broilers. 154733 c Cheese —Quiet and steady; state whole milk: fancy to specials, 211722%c; Young Americas, 19% 4721 c. RAW SUGAR PRICES —NOV. 8— High. Low. Close January 1.43 1.40 1.42 March 1.49 1.46 1.48 Mav 1.54 ... 1.54 July 1.63 1 60 1.61 September 1.69 1.68 1.68 December 1.40 1.37 1.39
MURDERS SON, SELF. RESISTING ARREST
Ex-Convict Shoots Boy, 10; Then Ends Own Life During Siege. Bv United Press KANSAS CITY, Kan., Nov. 10.— Edward Maddox, 29, an ex-convict, and Merle Neagle, 10, his stepson, were found dead when police advanced into a farmhouse where Maddox had barricaded himself while resisting arrest Sunday. The police said Maddox had killed the boy and committed suicide rather than submit to arrest. The boy was taken by Maddox from his guardian, Mrs. Richard Perkins, occupant of the farm house. Maddox was said to have acted in anger against his estranged wife, who had accused him of attacking her daughter by a former marriage, Fay Neagle, 14. Maddox drove Mrs. Perkins from the farm house and took up a position at a second story window with a shotgun. Police tossed tear bombs into the window in an attempt to rout him.
PJfr Rexlriered F. S. JLJ V I%tent Office RIPLEY
The City in Brief
Professor J. W. Piercy, head of the journalism department of Indiana University, will speak on “The Use of Good English in Advertising,” Thursday noon at the Advertising Club at the Columbia Club. The eighth annual eat show will be held Nov. 29 and 30 at the Denison hotel. More than 150 cats are expected to be entered. Central Indiana Beagle Club will stage its fifth annual fall field trial Saturday afternoon at Camp Short, near Clayton. An advertising campaign designed for the printing industry and other industries allied with it, will be presented members of the Indianapolis Typothetae Monday night at the Lincoln. Dr. David M. Edwards, newly named secretary of the Indiana Council on International Relations, will speak at the Armistice day luncheon at the Lincoln Tuesday noon, on “Progress Toward Peace.” Bert Hugh Parks, Indianapolis agency manager for the Addressograph Company, will speak on “The Addressograph” at the weekly Rotary luncheon Tuesday in the Claypool. Weekly meeting of the Indianapolis Medical Society and the Medical Society of Marion county will be he’d at 8:15 p. m. Tuesday in the Athenaeum. Dr. Cleon Nafe and Dr. Louis Segar will read papers, and discussion will be led by Dr. J. M. Cunningham and Dr. H. M. Banks. Henry E. Todd, automotive engineer of New Haven, Conn., will be the chief speaker at a meeting of the Indiana section, Society of Automotive Engineers, Thursday evening at the Athenaeum. The Harlequin Club and the Little Theatre Players of Purdue have merged under the name of The Harlequin Players. Roger T. Sneden, 651 East Thirty-second street, Indianapolis, is managing director. The first offering, “Holiday,” will be presented at Lafayette, Nov. 21-22. David B. Kilgore, city recreation director, will speak at 8 Tuesday night at the meeting of the Municipal Gardens Boys’ Club at the gardens. Oil Firm Receivers Named Bv United Press WILMINGTON. Del., Nov. 10 George N. Moore of Ft. Worth, Tex., and former Federal Judge Hugh M. Morris of Wilmington were appointed receivers today for the Cosden Oil Company by Judge Nields in the United States district court.
They heard two shots fired. When they broke into the house they found the boy had been shot in the abdomen and Neagle through the heart. Births Boy* O. B. and Margaret Lyon, St. Vincent’s hospital. John and Blanche Eggers, 1636 East Kelly. Guy and Gertrude Gunckle, J 123 South Keystone. Charles and Marie Biaser, 1234 Martin. Lester and Lucille Kassing. Methodist hospital. Deaths Artie M. Houseman, 58. Methodist hospital, pyonaphrosis Louise A. Libking. 58. K. of P. building, angina pectoris. Fred H. Bowley, 31, 854 Cedar, cholelithiasis. Mary Louise Walker. 1, city hospital, tuberculosis meningitis. Mildred Eilleen Oa tpbelL 2407 Massachusetts. acute myocarditis. Anna L. Mark, 52, 1421 King acute endocaritls. Priscilla Elsen, 82. 414 Buskin place, chronic myocarditis. Joseph Schebler. 88. 801 Weghorst. cardlo vascular renal disease. Mary Gertrude Arnold, 75. 2325 Bhelby, chrome myocarditis. Martha Lake Parkhurst, 91 1358 Union, chronic myocarditis.
INOV. 10. 1930
WHEAT FUTURES 6REAK SHARPLY ON GABLE NEWS Better Weather and Action of Grain Pool Has Bear Effect. 1 By United Press CHICAGO, Nov. 10.—Weak foreign cables and a sharp reduction in pool payments broke wheat sharply on the Board of Trade today. Liverpool was weak on the better Argentine weather and the pool action. Buenos Aires fell, due to better conditions and but small damage. Com eased unevenly with ! wheat but showed some resistance, i Oats were off In the minor frac- | tions. At the opening wheat was * cent to 1% cents lower, corn was un- | changed to ■% cent lower and oats j were % cent to 3 s cent down. Provisions were steady to slightly easier. Liverpool was about as expected at. the start, but eased further during the session to stand 1% cents to 1% cents lower at mid-afternoon Buenos Aires opened sharply lower. l 3 i cents to 2% cents down The Canadian pool reduced Its first payments on wheat to 50 cents per bushel against 85 cents a year ago The action of wheat is expected to be nervous for the present. Were (it not for the uncertainty regarding the Argentine crop, bearish sentiment would predominate. As it is, however, sellers are acting cautiously. The government corn report due this afternoon Is expected to show a crop of between 2,040,000,000 and 2,060,000.000 bushels against 2,614,000,000 bushels last year Regardless of what the government report shows, the crop will be short. Wheat, however, is expected to be the chief influence at the present. Oats will follow the action in corn The market has indicated underlying strength and the cash position is good, but the general weakness in the major grains is depressing. Chicago Grain Table Nov 10 WTIEAT (Old' ' Tr H'ab Toy. It.CO. close. i Dec 72% .71% .72 73% Mar 76% .75% .7.V% .77’ ! Mav 78% .77% 78 .79% (July 79% .78% .73% .80% CORN—(old). (Dec 72% .72 .72% 72% l Mar 75% .75% .75% 76% Mav 77% .77' .77% 78'. July 79% 79 .79 .79% OATS—(OId). Dec 31 s '* .31% 31% .32% Mar 33% .33% .33% .31 May 35% .34% 34% .33% RYE—(old). Dec 41% 40% .40% .42% l Mar 45% 45% .45% .46% ; May 47% .47 .47% 48% j LARD— Dec 10.70 10.89 | May 10 47 10.55
Local Wagon Wheat
City grain elevators are paying 69c for No. 1 red wheat and 64c for No. 1 hard ; wheat. $75,000 FIRE AT MILL MAY RESULT IN PROBE Loogootee Plant Scene of Several Recent Robbery Attempts. By United Press LOOGOOTEE. Ind., Nov. 10.-A $75,000 loss by fire resulted at the Loogootee Milling and Grain Company plant today. The mill was valued at $65,000, and in addition to the damage dene it, 3,000 bushels of wheat, several hundred bushels of | corn and $5,000 worth of prepared |feed was burned. | For a time the whole north sec- | tion of the town was threatened by flames as they advanced toward the | pumps of the Loogootee Water Comi pany housed on adjoining property. I The plant was saved, however, by j firemen. Arlie Martin, fireman, was | injured by falling debris. The mill, owned by Fred - Stewart, j was rebuilt recently. Several ati tempts at robbery of the establishment have been made recently and it was said the state fire marshal would be asked to investigate the fire. LONDON INAUGURATES ITS NEW LORD MAYOR Brilliant Pageant Is Witnessed by Thousands Lining Streets. By United Press LONDON, Nov. 10.—One of Lon- ! don’s most brilliant annual pag- ! eants, the lord mayor's parade, toj day was neld while thousands of | Londoners lined the streets to catch i a glimpse of this bit of the London j of old. Sir Phene Neal, new lord mayor, [ paraded in full regalia to be inaugurated for his year of office. Ordinary traffic in the vicinity of the parade route was suspended ior hours to permit the passage of many elaborate tableaux. The nation-wide drive to make Britain empire-minded, was reflected in the different floats and stums fc which formed a procession inorJ than a mile long. Floats representing Canada, Aus tralia, New Zealand, India ami other dominions and colonies, ami showing their basic products, loud!:! were chee: 2d. i 300 HORSES FOR SALE Stale Foil ground Auction Will lc Ileid Tuesday to Thursday. Three hundred horses, a third cf ther colts ready for training, will iy rold at auction at the state fairground sale Tuesday, Wednesday and Thusrday. H. G. Winings, formerly superintendent of the stables at Laurel Hall when Stoughton A. Fletcher was owner of the estate, heads the sale organization. BILL TO BE INTRODUCED Bank Examinations by Accountants Proposed by Association. Bank examinations made by certified public accountants in lieu of those now made by state bank ex - aminers may be given a trial through a bill to be introduced in the next session of the Indiana general assembly, A resolution asking introduction of the measure was adopted Saturday at a meeting of the board of directors cf the Indiana Public Accountants Associatio
