Indianapolis Times, Volume 43, Number 112, Indianapolis, Marion County, 18 September 1931 — Page 22
PAGE 22
BEAR ATTACKS SEND LEADING ISSUES LOWER American Telephone Forced to New Low Levels in Selling Wave. Average Stock Prices Average of thirty industrials for Thursday 121.76. ud 2.50. Average of twenty fail* 57 - 4 .1- _-. UD - 67 - Average of twenty utilities 48.72. un .89. Averaae of forty bonds 90.95. ud .02. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Sept. 18.—Bear traders made another savage selling attack on the stock market today in an attempt to again set in motion the downward movement. Substantial losses were forced in many of the leaders, but when pivotal’ shares approached recent lows, important support was encountered. Most of Thursday’s mins were erased before the end orthe second hour of trading, but the immediate influence of the selling attack was spent before noon and most of the leaders recovered from their lows. New Low Made The early selling attack again was centered on the important American Telephone, which was forced down more than 5 points at one time to anew low since 1927 at 148. Previous resistance levels also were penetrated by most of the food shares, Fox Film A, Anaconda and Kennecott. Selling in these issues caused some nervousness in speculative quarters and led to bear traders experimenting with selling operations in other leaders. These met with only partial success. Steel common, General Motors and American Can met with impressive support after selling off sharply, but developed only small rallying power. Rails held better, except for another sweeping decline in Atchison and Union Pacific. Pennsylvania, New York Central, Frisco and Missouri-Kansas-Texas held close to previous levels. Auburn Auto held fairly well in view of the 10-point spurt in the issue Thursday. Selling ex-divi-dend 2 per cent in stock and $1 in cash, the stock met strong buying on a recession of only 2 points. Loses in Narrow Range Utilities as a group made a poor appearance, influenced by the weakness in telephone. Heavy short covering kept losses in American and Foreign Power and International Telephone to narrow limits but Consolidated Gas, North American and Standard Gas yielded. The morning selling attack began shortly after the start of the first hour of trading after the market had held relatively steady through the early trading. Reluctance of the market to resume its upturn of Thursday was disappointing and led to the bear experiment.
Bank Clearings
INDIANAPOLIS STATEMENT —Sept. 18™ Clearings $2,654,000 Debits 6,600,000 CHICAGO STATEMENT —Sept. 18— Clearings $54,200,000 Balances 5,600,000 TREASURY STATEMENT —Sept. 18Net balance lor Sept. 16... .$672,861,914.83 Expenditures 28.004,856.77 Customs rects. mo. to date.. 18,013,536.30 New York Curb Market (By Thomson & McKinnon) —Sept. IS—--11:30! 11:30. Alum Cos of Am 104% Ind Terr A .... 8 Am Cynamid .. 5% Insull Ut 16 Am Gas & Elec 50 Int Super 20% Am Lt & Trac 30% Int Pete 10% Am Sup Pwr ... 8% Midwest Ut .... 11% Ark Gas A ... 3%!M0 Kan Pipe.. 2% Ass Gas & El A B%|Mt Prod 4 Braz Pwr & Lt 12% Nat Inv 4 Can Marc i% Nia Hud Pwr.. 9 Cent Sts Elec.. 4% Penroad 4% Cities Serv 8% St Rigis Paper.. 9 Cons Gas Balt 78%1 Salt Creek ... 5% Cord 6% Shenandoah .... 2%. Elec Bnd Sh... 46%'Std of Ind ... 23% Gen Avia 3%l Trans Air Trans 5% Ford of Can ... 18% Un Gas ....... 4% Ford of Eng... 8% Un Lt & Pwr. 14% Goldman Sachs 3% Un Verde .... 5% Gulf Oil 50% Ut Pwr B 5% Imp Oil of aCn. 11%1 United Fndrs .. 3% Indianapolis Stocks -Sept. 18- eia Agk American Cent Life Ins Cos 175 ... Belt R R & S Yds Cos com.. 30 34% Belt R* ■ Yds Cos pfd 6s. 50 55 Bcbbs-Merrill Cos U ••• Central Ind Pwwr Cos pfd 75.. 73Va 78 Circle Theater Cos com 7s .. Citizens Gas Cos com 10s 22 ... Citizens Gas Cos pfd 65....... 97 100% Comomnwealth Ln Cos pfd 75.. 97 Commonwealth Loan Cos 85... 101 ... Hook Drug com .. • 10% ... Indiana Hotel Cos. Clavpool... .110 Ind Hotel Cos pfd tea 100 ... Indols Gas com 6s ....... 56% 61A Indpls Pw *Lt Cos nfd 5%s 104 106% Indpls Pub Wei Ln Assn cm Bss 49% ... Indpls St Railway *% Indpls Wa Cos dM 5s 100% ... Pub Servos Ind 7s 95% 98 Pub Servos Ind 6s 82% 87 A Metro Loan Cos 8* • •• • No Ind Pub Serv Cos pfd 6s. .100 102 a North Ind Pub Sr Cos pfd 5%s 93 99% No Indiana Pub Cos 7s 110 Progress •• • E Ranh & Sons Fert Cos pfd 6s 47 Shareholders Invest C 0....... # Ter Haute Tr & LI Cos pfd 6s 90 Union Title Cos com 3s ... 11 • Van Camp Prod Cos Ist 01d... .. Van Camp Prod Cos 2d pfd Bs. .. 93 Backstay Welt Cos com U ... Ind Ploe Line Cos 10 ll Link Belt com Jg Lvnch Glass Machine Cos com 15% 17 Noblltt Sparks Industrials Inc 29 Perfect Circle Cos com 35% 37 Real Silk Hosiery Mi s Inc.. 5 5% Real Silk Hosiery Mills pfd. 24 30 Standard Oil Cos (Indiana).. 23 23Va Natl Title 6% ® J D Adams Manufacturing Cos.. 16 18 BONDS Bid. Ask Belt R R * Stk Yds Cos 4s 92 Cent Ind Gas Cos 5s 99 ... Cent Ind Power Cos 6s 99% ... Citizens Gas Cos ss. .........101% ... Citizens Street Railroads ss. . . 24% ... Home T & T of Ft. Wavne 6s. 102% ... Ind Railway & Llaht Cos ss. 95 Indiana Service 5s 86 Indols Pow * Lt Cos sss 105 ... Indpls Gas Cos 5s 101% 103 Indpls Street Rvs 4s ......... 12% 14% Indnls Trac Terminal Cos 55.. 47% ... Indnls Union Rv 5s 100 ... Indols Water Cos 5%s ’54 104% ... Indpls Wat Cos Ist lien ref 5s 101 ... Indols Water Cos 4%s ......... 99% 101% Indpls Water Wks Sec Cos ss. 92% ... Interstate Pub Serv Cos 4%5. 90 Interstate Pub Ser Cos (B) 6%s 103 ... Interstate 5s ~ ••• ’ No Ind Pub Serv Cos 102% ... Terre H T tt L 5s 97 ... Chicago Stocks Opening (By James T. Hamill & Cos.) —Sept 18— Bendix Avia .. 20%) Lib McNeil Prod 8 Borg Warner .. 15% Mid United com 17 Cent So Wst.. 11% ;Mo Kan P Line 2% Cord Coro 8 V Middle West .. 12 Coct Chi com.. 3*i4, N9cSo Am (A1 4% Cont Chi pfd.. SO Nob Sparks ... 27 Com Edison ..174% Sbd Utilities... 2% Chtcajro Sec .. 8 Swtrt &Cos 25 Grigsby Ornw. 3% Swift Inti 31 # Ol Lk* Alrcrft 3% D 8 Rad & Tel 24 Insult eom ... 16%'Ut & Indu com 4% Insull RAW SUGAR BRICES -Sept. 17High. Low. Close. (pr :.i* m 111 Slav Iji .... 1.29 Ju’V 1.44 to 7iWr i,j3 U3 1.31 141
New York Stocks
—SfDt. is— Thomson Sc McKinnon Railroad*— .. P re^High. Low. 11:80 close. Atchison 116 115 115 116 ! Atl Coast Line.. .. ... j Balt & 0hi0.... 38 i 36 36 36U Chesa 6c 0hi0... 29V. 2*% 29 Chesa Corp 25 % 26 Chi Ort West * * C R I 6c P 26'4 26 26 20|4 Del L6c W 34% 33% ,34Va 34% Del 6c Hudson 100 105 Erie 14%. 14ti Erie Ist nfd 20 Great Northern 29 Illinois Central 28% 31% Kan Cl tv 8o •• • 15 MK6c T 8% B'4 8% |% Mo Pacific 14% IV- 2 Mo Pacific Df<l ••• ,35 34; N Y Central 62 6162 62 v. Nickel Plate 15 N Y N H 6c H 47 Nor Pacific 27 3 / 27 27% 27 Norfolk 6c West . ... 14° Pennsylvania ... 33% 32 3 4 33% ?3% Reading 50% 49% 50 /a 51 So Pacific 63 6214 6214 63% Southern Rv 19% 19% St Paul 3% 3% St Paul pfd ... SV. 5 5% 5% St L 6c S P 9% 9% Union Pacific 121% 1 2 ?,, W Maryland ... 9% West Pacific 4V4 Equipments— Am Car 6c Fdy 11% 11 11 12%. Am Locomotive 12 12% Am Steel Fd ... U>4 11% Am Air Brake S ... 26 Gen Am Tank 51% 5114 General Elec . . 34% 33% 34 34% 1 Lima loco ... 17% Pullman 26 Westlngh Ar B 20 Westingh Elec... 49V4 48% 48% 49% Rubbers— Firestone 16% Fisk : % % Goodrich 9% Goodyear 35 36 Kelly Sprgfld 1% 1% Lee Rubber 2% U S Rubber 9% 10 Motors— Auburn 124 ~ 120% 122% 127% Chrysler 17% 17% 17% 17% Gardner % ... Graham Paige .... ... ... 2% General Motors 32% 31% 32 32 Vs Hudson 113/s n% n% u% Ht)pp 53/4 Mack 23 % 23% 23% 23% Nash 213/4 21% 21% 21 % Packard 5% 5% 5% 5% Pierce-Arrow 7% Reo ... ... 4% Studebaker 14 13% 14 14 Yellow Truck 6',4 6 6% 6% Motor Access— Bendix Aviation 20 19% 20 20 Borg Warner 16% 15% 15% 15% Briggs 10 Budd Wheel 6 Eaton 10% 10% El Storage B 1. ... 43% Houda 5% 5% Motor Wheel 8% Sparks W 6% 5% 5% 5% Stewart Warner 8% Timken Roll 28% 29% Mining— Am Metals 8 Am Smelt 26 25 25 25% Am Zinc -4 3% Anaconda Cop... 18% 18% 18% 18% Cal & Hecla ... 6 5 Cal 6c Ariz 29 3 /4 Cerro de Pasco. 12% 12 12 12% Dome Mines 11% 113/ 4 Freeport Texas.. 20% 20% 20% 21 Granby Corp 9% 9% Great Nor Ore 16 ‘/a Howe Sound 15% Int Nickel 10% 9% 10% 10% Inspiration 4% Kennecott Cop.. 13% 13% 13% 14% Magma Cop ... 10% 10% 10% 10% Miami Copper 4% 4% Nev Cons 6% 6% 6% 6% Texas Gul Sul.. 30% 30 30% 31 U S Smelt 13 12% 13 12 3 / 4 Oils— Atl Refining 13% Barnsdall 7 7 Houston 7V4 7% Ohio Oil 8% 8% Mex Sbd 10% 10% 10% 10% Mid Conti 7 7% Pan-Amer (B) 30 Phillips 6% 6 V* Pr Oil 6c Gas 8% Pure Oil 6% 6% Royal Dutch 17 17 Vi Shell Un 4% 4% Sinclair 8% 8% BV4 8% Skellv .| 5 Standard of Cal 35% 35% 35 3 / 8 35% Standard of NJ 35 34% 34% 34% Soc Vac 16% 16% 16% 16 Texas Cos 21% 20% 21 21% Union Oil 15 14% 14% 15% Steels— Am Roll Mills.. 17% 17 3 /g 17% 17% Bethlehem 35% 35% 35% 36 Byers A M 23% 23% 23% 24 Colo Fuel 113/a Cruc Steel 36% 35% 363/ s 36 Ludlum 10% 10 10 11 Repub I& S ... 9% 9% 9% 9% U S Steel 80% 79% 80 81 Vanadium 23 3 / 4 22% 22% 22% Tobaccos— Am Tob A (new) 102 Am Tob B (new) 104% 103% 103% 104% Con Cigars 28% 28 28% 30 General Cigar 31% ... Lig 6c Myers B 61% 6i 61 62 Lorillard 15 14% 15 15% Reynolds Tob .. 45 44% 45 45% Tob Pr (A) 9 Tob Pr (B) 2 Utilities— Adams Exp 10% 10% Am For Pwr... 19% 19% 19% 19% Am Pwr 6c Li.. .. ... 25% 26% A T 6c T 151% 150% 151% 155 Col Gas 6c El 23 223/4 23 23 Com 6c 50u.... 6% 6% 6% 6% El Pwr 6c Li.. 31% 30% 30’% 31% Gen Gas (A) ... ... 3% Inti T 6c T 203/4 20% 20% 21% Natl Pwr 6c Li.. 19% 18% 19 19 3 / 4 No Amer C 0.... 55% 54% 55 55% Pub Serv N J... 72 71 71% 71 Vi So Cal Edison 38% 38% Std G 6c El 52% 50 3 / 4 51 52 United Corp 17% 17% Ut Pwr 6c L A 15% 14% 14% 15% West Union 98 97 98 99% Shipping— Am Inti Corp 10 10% United Fruit... 46% 45 45 Foods— Armour A ... 1% 1% Beechnut Pkg 45 3 /4 46 Can Dry 25 Coca Cola ... 132% 133 Corn Prod 54% 53 VA 53% 54 Crm Wheat 24 % Cuban Am Sug 3% Gen Foods 45% 44% 45% 46 Grand Union 12% Hershey 88% 87% Kroger 27% 26% 27 27% Nat Biscuit .... 46% 453/i 453/4 46% Pillsbury 25 Purity Bak 19 19% Safeway St 55% 54% 55% 563/ 8 Std Brands .... 17% 16% 16 s / 8 17 Drugs— Coty Inc 5% 5 Lambert Cos .... 65% 65% 65% 65% Lehn 6c Fink 24% 25 Industrials— Am Raditor 9 3 / 4 9% 9% 9 Gen Asphalt . . 14% 14% Lehigh Port 28% Indus Chcms Allied Chem 98% 96% 97% 99% Com Solv 14 13% 13% 14 Union Carb 44% 44 44% 44% U S Ind Alco ..32 31 31 32 Retail Stores— Assoc Dry Gds. 16 15% 16 15% Glmbel Bros 3% 3 3 Kresge S S 26% May D Store... 29 28% 28% 29% Mont Ward 15% 15% 15% 15% Penny J C .. 39®% 39% Schulte Ret St 5 5 Sears Roe 49% 48% 48 3 4 50 Woolworth 62% 61% 61 % 62 Amusements— Col Graph 5% 5% Crosley Radio 4% Eastman Kod ..125% 124% 125% 125% Fox Film A .... 11 10% 10% 10% Grigsby Gru 2% 2% Loews Inc 45 45% Param Fam ... 19% 19% 19% 19% Radio Corp .... 16% 16 16% 16% R-K-O 12% 12% 12% 12% Warner Bros .. 9% 8% 8% 9 Miscellaneous— City Ice 6c Fu 30 Congoleum , •••. ••• 12% Am Can 86% 85% 85% 87% Cont Can 45% 45 45% 46 New York Bank Stocks (Bv Thomson & McKinnon) —Sept. 17Bid. Ask. America 33 35 Bankers 65% 67% Brooklyn Trust 305 315 Central Hanover 172 176 Chase National 45% 47% Chatham Phoenix Natl .... 42 44 Chemical 38% 40% Citv National 61% 63% Corn Exchange 75 78 Commercial 200 208 Continental 20% 22% Empire 37% 39% First National 2.875 2.975 Guaranty 388 393 Irving 23 24 Manhatten & Cos 46 48 Manufacturers 40% 42% New York Trust 114 117 Public 30 32 Investment Trust Shares k (By Gibson 6c Bernard) PRICES ARE TO 13 NOON C. S. T. Bid. Ask. Amer Founds Corp Com 2% 2% Am 6c Gen Sec A 11 ... Am Inv Trust Shares 3% 4% Basic Industry Shares 4 4% Corporate Trust Shares ... 3 13-20 4 3-20 Collateral Trustee Shares ... 5% 6% Diversified Tr Shares A 12% ... Fixed Trust Oil Shares 3% ... Fixed Trust Shares A 10% ... Leaders of Industry Series A. 5% ... Low Priced Trust Shares 5% 5% Nation Wide Securities 4% 5% National Industry Shares .... 4 4% N Am Trust Shares 3% 4% 1 Sel Am Shares 3% 4% Shawmut Bank Inv Trust.... 7% 8% ' Std Am Trust Shares 4% 5Vi Universal Trust Shares 4% 4% Super Corp of Am Tr Sh A.. 4% 5% * Fundamental Trust Shares A. 5 5% Fundamental Tr Sh A 5% 5% U S Elcc Lt & Pwr A 26% 28Vi New York Liberty Bonds —Sept. 17— I%S 102.6 Ist 4% 102.25 4*h 4%* 104.23 Treasury 4%s 111.3 T’easunr *5 107.3 Treasury 105. Treasury 3% of '47 101.24 Treasury 3yj 0X ’43 March 101.24
Curtiss Wr 2% 2% 2% 2% Gillette SR... 14% 14% 14% 15 Real 811 k 5% Uc Aircraft 22 21% 23% 21% Inti Harv - 29% 29 J. I. Case 46% 45% 45% 49 1,200 DOCTORS TO MEET HERE Medical Care of Veterans to Be Major Topic. Medical c§re of disabled war veterans will be the major problem before more than 1,200 physicians attending the eighty-second annual convention of the Indiana State Medical Association in the Claypool hotel Sept. 23, 24 and 25. Dr. H. H. Shoulders of Nashville, Tenn., editor of the Tennessee State Medical Journal, will talk on treatment of disabled men at a luncheon for physicians who are World war veterans, Thursday, Sept. 24. • Principal speaker at the banquet, to be held Thursday night, will be Dr. Edward Henry Cary of Dallas, Tex., president-elect of the American Medical Association. Thursday morning and Friday morning.will be devoted to scientific sessions. Election of officers and naming of the convention city for 1932 will take place at a breakfast meeting of the house of delegates Friday. Retiring president is Dr. A. B. Graham of Indianapolis. Dr. F. S. Crockett of Lafayette is presidentelect. The Indianapolis Society auxiliary will entertain wives and families of visiting doctors.
Mr. Fixit Writ* year trouble* to Mr. Fixit. H> I* The Time* repre*entatiye at tb< elty hall and will be glad to preten ▼our case to the proper citv officials Write him In esro of The Times signing Tour foil name and address Name will not bo published.
Mr. Fixit —Please to try to have repairs made to Southeastern avenue, between State avenue and Rural street. The street is very rough. A. L. E. City Engineer A. H. Moore his ordered investigation of this complaint at once. Mr. Fixit —There are three vacant' lots on Chester street, between Twenty-sixth and Twenty-eighth streets, and one on School street, just north of Twenty-sixth street, which are covered with weeds. P. H. M. Orders for cutting these weeds have been issued by a health board inspector. Mr. Fixit —During the late afternoon and early evening children congregate in the 1300 block North Drexel avenue and play. They hide behind parked automobiles and run back and forth across the street, narrowly escaping death frequently. The parents of these children apparently are unaware of the danger of such play. E. L. D. This letter has been forwarded to Police Chief Michael Morrissey for investigation. Mr. Fixit—A couple in Drexel Gardens keep three milk cows, four calves, about 200 chickens, a dozen geese on a few lots, annoying the neighbors. Can anything be done about this? F. P. A health board inspector who investigated this complaint reports that the health department can not act in Uhls case because the lots referred to are outside the city limits. Net Changes By United Press NEW YORK, Sept. 17.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. Off. Alaska Juneau 18% % ... American Can 87% 2V* ... American & For Pwr 19 7 /a % ... American Telephone 155 2% ... Atchison .116 % ... Auburn 127% 10 Bethlehem Steel 36 1 Case 47 2% ... Consolidated Gas 83% 1% ... Electric Power 31% Va ... Fox Film A 10% % ... General Electric 34% 1 General Motors 32% 1% ... International Nickel 10% Va ... International Telephone .. 21V* % ... Kennecott 14% ... % Loew’s Inc 45% 1 Montgomery Ward 15% % ... New York Central 67% 3% ... North American 55% 1 Pennsylvania 33'A % ... Public Service 71% lVa ... Radio 16% % ... Sears Roebuck 50 1% ... Standard Gas 52 1 ... Standard Oil N J 35% % ... Union Carbide 44% 1% ... United Corp unchanged.. 17% U S Steel 81 IVa ... Vanadium 22% % ... Westinghouse El 49% 2% ... Worthington Pump 35% 1% ...
Produce Markets
Eggs (country run*—Loss off delivered In Indianapolis. 17c: henery quality No 1, 18c: No. 2. 12c. Poultry (buying prices)—Hens weighing 5 lbs. or over. 18c: under 5 lbs.. 17c; Leghorn hens. 13c; 1930 broilers. full feathered. 3' 2 lbs. and up. 18c: under. 21c; bareback. 12c; Leghorn broilers. 16c: spring chickens, 4 lbs. and over. 18c: under 4 lbs. .18c: old cocks. ducks, full feathered 9c: geese. 6c. These prices are for No. 1 top quality quoted by Kingan 3c Cos, Butter (wholesale)—No. 1. 34635 c: No. 2. 32@33c. Butterfat—29c. Cheese (wholesale selling price per pound*—American loaf. 23 s Ac: pimento loaf. Wisconsin firsts, 19c: Longhorns. 19c: New York limberger. 30c. By United Press NEW YORK. Sept. 18.—Potatoes—Market. weak and lower; Long Island. 50c6 $1.85 barrel. Sweet potatoes—Market, quiet and weak: jersev baskets. 50c®$l 25; southern baskets. 35(<j 85c. Flour —Market, steady: spring patents. $4.40®4.75. PorkMarket. quiet: mess. s2l. Lard—Market, steady: middle west spot. .0776?.078c. Tal-low-Market. quiet; special to extras, .02V2©.02 3 c. Dressed poultry—Market, easy: turkeys, 25@50c; chickens. 20®34c; broilers. 206 33c; fowls. 12®28c; ducks. Long Island. 14@18c. Live poultry—Market. steady: geese. 13615 c: ducks. 206 35c: fowls. 13 6 27c; turkeys. 20635 c; roosters. 14615 c: chickens. 16628 c. Cheese —Market. quiet; state whole milk, fancy to special. 13V2@25Vsc: young Americas. 16fe6 17c By United Press CHICAGO. Sept. 18.—Eggs—Market, easv: receipts. 8.614 cases: extra firsts. 20c: firsts. 19c: current receipts. 166117V2C: seconds. 10® 14Vic. Butter—Market, steady; receipts. 10.288 tubs: extras. 28'c; extra firsts. 272(?28 i ‘!C: firsts. 256 26c: seconds. 236 24c: standards. 28lie. Poultry—Market about steady: receipts. 2 cars: fowls. 176 20c: springers. 18tyt21c; Leghorns, 13%c: ducks. 14617 c; geese. 13c: turkevs. 17@20c: roosters. 124yc: broilers. 2 lbs.. 17620 c; broilers under 2 lbs., 176120 c; Leghorn broilers. 26c. Cheese—Twins. lS^SlPic: | voung Americas. tracks. 238: arivals. 94; shipments. 534: market, dull: Wisconsin Cobblers. 90c@ $1.05: Minnesota cobblers. 856 95c: Idaho triumphs. $1.1561.25: Wyoming triumphs. $1.3561.35: Idaho Russets. [email protected]: Minesota Red River Ohios. $1.05® 1.20. NEW YORK COFFEE RANGE —Sept. 17High. Low. Close. March 5.27 5.20 5.27 May 5.38 5.30 5.38 July 5.45 5.43 5 45 September 5.58 5.51 5.58 December y 5.03 4.9$ 6.03
THE INDIANAPOLIS TIMES
PORK MARKET STEADY TOIO CENTS HIGHER i Sheep, Lambs Sell Lower; Vealers Move Up at $9.50 Down. Swine market again showed indications of a stronger tone at the local stockyards this morning, prices mostly steady to 10 cents higher than Thursday’s average. The bulk, 160 to 300 pounds, sold at $5.60 to $5.90, while a few outstanding lots were sold at $5.95 to $6. Receipts were estimated at 5,000. Holdovers, 140. Trade slow on all classes in the cattle market, prices mostly steady. .Receipts were 300. Vealers moved sharply higher, selling $1 above Thursday’s best prices at $9.50 down. Receipts numbered 500. Sheep and lambs were weak and around 50 cents lower, while the bulk of better grade lambs sold at $5.50 to $6.50. Early top held at $7. Receipts were quoted at 1,800. Chicago hog market at the opening this morning showed slight strength, asking around 5 to 10 cents higher. Few early bids steady with Thursday’s average. Hogs weighing 190 to 200 pounds ivere bid at $5.80 to $5.90. Good to choice hogs scaling 280 pounds sold at $5.75, around 10 cents higher. Cattle receipts, 1,000. Calves, 700, and steady. Sheep receipts were 17,000, market steady. HOGS Scot. Bulk. Earlv Top. Receipts. 11. $6.45® 6.60 $6.60 6,000 12. 6.25© 6.40 6.40 2,000 14. 6.25© 6.40 6.50 6,000 15. 5.85® 6.05 6.05 6.500 16. 5.45® 5.70 5.70 5.000 17. 5.60® 5.85 5.85 3.500 18. 5.60® 5.90 6,00 5,000 —Sept. 18— Receipts. 5,000; market, higher. —Light Lights—-(l4o-160) Good and choice ...$ 5.25® 5.40 —Light Weights—-(l6o-180) Good and choice... 5.60 (180-200) Good and choice.... 5.75 —Medium Weights—-(2oo-220) Medium and g00d... 5.85 (200-250) Good and choice 5.85® 6.00 —Heavy Weights—-(2so-260) Good and choice... 5.70® 5.85 (290-350) Medium and g00d... 5.25® 5.70 —Packing Sows—-(27s-500) Medium and g00d... 3.35@ 5.00 (100-130) Slaughter Digs 5.15® 5.25 CATTLE (Slaughter Class) Receipts, 300: market, steady. —Steers— Good, and choice $ 7.50® 9.75 Common and medium 4.25® 750 (1.100-1.500) Good and choice 7.50® 9.75 Common and medium 5.25® 7.50 —Heifers—-(soo-850) Good and choice 7.25® 9.50 Common and medium 4.00® 7.25 —Cows — Good and choice 4.00® 5.50 Medium 3.00® 4.00 Cull and common 1.50® 3.00 —Bulls (yearlings excluded) — Good and choice beefs 3.50® 4.50 Cutter, common and medium.. 2.25® 3.50 CALVES AND VEALERS Receipts, ~500; market, higher. Vealers Good and choice $ 9.00® 9.50 Medium 7.00© 9.00 Cull and common 5.00® 7.00 —Calves — Good and choice 6.00 @ 7.50 Common and medium 3.50® 6.00 STOCKERS AND FEEDER STEERS Good and choice 5.00® 6.75 Common and medium 3.50® 5.00 (800-1.500) Good and choice 5.00® 6.75 Common and medium 3.50® 5.00 SHEEP AND LAMBS Receipts, 1,800; market, lower. Good and choice $ 5.50® 7.00 Common and medium 2.50© 5.50 Ewes, medium and choice 1.50® 2.50 Cull and common 50® 1.50
Other Livestock By United Press CHICAGO. Sept. 18.—Hogs—Receipts, 11,000, including 2,000 direct; steady; heavies and packing sows .strong to 10c higher; 190-280 lbs., $5.65®5.90; top, $5.95; 330 lbs., $5.25; 140-180 lbs., [email protected]; pigs. [email protected]; packing sows, [email protected]; smooth sojts to $5.10; light lights, 140-160 lbs., good and choicq, [email protected]; light weight, 160-200 lbs., good and choice, $5,50 @5.95; medium weights, 200-250 lbs., good and choice, $5.75®5.95; heavy weights, 250350 lbs., good and choice, [email protected]; packing sows, 275-500 lbs., medium and good, $3.90 @5.10; slaughter pigs. 100-130 lbs., good and choice, [email protected]. Cattle—Receipts, 1,000; calves, 7QO; slow, about steady on all classes: grassy and short fed steers mostly of southwestern origin comprising bulk of run; no choice cattle offered; slaughter cattle and vealers; steers 600-900 lbs., good and choice, $7.25®9175; 900-1,100 lbs., good and choice, [email protected]; 1,1001,300 lbs., good and choice, [email protected]; 1,300-1,500 lbs., good and choice, [email protected]; 1.000-1,300 lbs., common and medium, [email protected]; heifers, 550-850 lbs., good and choice, [email protected]: common and medium, [email protected]; cows, good and choice, $3.75®6: common and medium. [email protected]; low cutter and cutter, [email protected]; bulls yearlings excluded; good and choice (beef), [email protected]; cutter to medium. [email protected]; vealers (milk fed), good and choice, sß® 9.75: medium. s7@B; cull and common, 54.50@7; Stocker and feeder cattle: steers, 500-1,050 lbs., good and choice, $5.25@7; common and medium, $3.50®5.25. Sheep —Receipts, 17,000: mostly steady: early bulk native ewe and wether lambs, s6@ 6.25 to packers; best held above, $6.50; good Montanas, $6; native throwouts. $3.75 @4; slaughter sheep and lambs: lambs. 90 lbs. down good and choice. [email protected]; medium, $4.50©5.75; all weights common. [email protected]: evfes, 90-150 lbs., medium to choice. $1©2.25: all weights cull and common, 50c©51.50; feeding lambs, 50-75 lbs., good and choice, [email protected]. By United Press FT. WAYNE. Sept- 18.—Hogs. 10c higher; 100-140 lbs.. $5; 140-160 lbs.. $5.25; 160-180 lbs.. $5.45; 180-200 lbs.. $5.55: 200-225 lbs.. $5.65: 225-250 lbs.. $5.75: 250-275 lbs.. $5.65; 275-300 lbs.. $5.55; 300-350 lbs., $5.25; roughs, $3.75; stags, $2.50; calves. $9; lambs. $6. By United Press CINCINNATI, 0., Sept. 18.—Hogs—Receipts, 2,600; heldover. 700; opened slow, mostly steady; spots 10c lower; later trade at standstill, with bids up to 15c lower; few early sales 200 to 250 lb. averages, $5.90; late bids, $5.75; some 180 to 200 lbs., $5.65; 150 to 180 lbs., $5.40; 120 to 150 lbs., [email protected]; sows, [email protected]. Cattle —Receipts, 275; calves. 250; very slow, around steady; common and medium steei\ and heifers in peddling trade at s4®t>; a few better finished kind upward to $7.75; no good fed kinds offered; most beef cows, $3.50 to $4.50; low cutters and cutters steady, spots 25c lower; bulk *2 to $2.35- some downward to $l5O or below; bulls. $4.25 down; good and choice vealers in good demand at steadv prices mostly s9® 10; lower grades draggy. largely $8 down. Sheep—Receipts, 800; slow, steady; better grade ewes wether lambs, [email protected]; common throwouts, [email protected]: some mixed lots and buck lambs. $5,50@6; fat ewes largely $1.50 downward. By United Press PITTSBURGH. Sept. 18. —Hogs—Receipts, 2.250: market slow steady to 10c lower: 180-240 lbs., [email protected]; 250-280 lbs.. [email protected]; 140-170 lbs., [email protected]; packing sows. 15@25c lower; better grade. $3.85 © 4.25. Cattle Receipts, 25; market nominally steady. Calves—Receipts. 100choice vealers strong to 50c higher; others steadv to weak; choice vealers mostly, $lO @10.50; medium to good grade, $6.50®9.50; choice to good grassy calves. *3@6. Sheep —Receipts. 1,500; market steady to weak; choice handyweight lambs. $7.25©7.50; medium grade ardund, $4.50. By Times Special Sept. 18.—Cattle—Receipts. 200: slow .steadv: bulk best slaughter steers and heifers. [email protected]: common down to $3 - best slaughter cows. $3.25@4; bulls. $3.50 down: bulk Stockers amF-feeders. [email protected] light stockers to $6.50: calves, 350: best light vealers. 50 cents higher at $8; other, uneven, medium vealers. *4®6; culls. $4 down. Hogs—Receipts. 600: 5c lower: 175-240 lbs.. $5.50: 240-300 lbs.. *5.10; 300 lbs. up. $3.90: 130-175 lbs.. *4.80: 130 lbs. down. $4.40: packing sows. *2.25@3: stags. $2. Sheen and lambs—Receipts, 350: steadv: best fat lambs. *6.50: buck. $5.50: sluaghter ewes. $2 down: breeders, mostly s6® 7 per head. Thursday’s shipment— Cattle. 139: calves. 100: hogs. 129; sheep. 520. By United Press TOLEDO. Sent. 18. —Hoes —Receipts. 200; market, steady: heavies. $5©5.25: mediums *[email protected]: Yorkers. $5©5.25: pigs. [email protected]. Cattle— Receipts. 225: market, slow steady. Calves— Receipts, liberal: market. $1 lower; top. $10.25. Sheep—Receipts, light: market, steadv. Wife-Beater to Be Lashed By United Press SALISBURY, Md., Sept. 18.— Clarence Bell, 40-year-old carpenter, was sentenced to receive “thirty lashes on the back, each lash with a different whip," when he pleaded guilty in circuit court to a charge of beating his wife.
Dow-Jones Summary
New York cables opened in London at 4.85 1-32. against 4 8596; Paris ttecks. 123.97; Amsterdam. 12.04; Italy. 92.895. and Berlin. 20.605. General Foods Corporation earning* in current quarter to approximate those of 92 cent* in September. 1930 auarter Nine months. *2.85 a share, against $2.93 in same period of 1930. Philadelphia Company declared the regular Quarterly dividend of 35 cents on the common stock, payable Oct. 31. record Oct. 1.. United States freight six months ended June 30. net loss *18.116 after charges, against a net profit of $355,298 in the first half of 1930. Cleveland Union Stockyards Company declared the regular quarterly dividend of 50 cents on the common, payable Oct. 1. record Sept. 21. Puget Sound Power and Light and subsidiaries in year ended Aug. 31 profit $4,061,625 after taxes and charges but before depreciation, against $4,492,236 in year previous. Montreal Light. Heat and Power Company eight months ended Aug 31 profit $8,400,369 after ordinary taxes and fixed charges, but before depreciation and income taxse, against $7,893,153 in like 1930 period. Buffalo. Rochester & Pittsburgh June quarter net loss $71,382 after charges, against net income of $59,489 in June. 1930 period. Six months’ net loss $255,813 against net income of $117,046 in like 1930 period. New York Sun. Inc., declared the regular semi-annual dividend of $4 on the preferred stock, payable Oct. 1. Manufacturers Trust declared the regular quarterly dividend of 50 cents. Daily average volume of Federal Reserve Bank credit outstanding during week ended Sept. 16. $1,253,000,000. an increase of $21,000,000 over the previous week and $245,000,000 over the like 1930 week. Gillette Safety Razor Company, declared the regular quarterly dividend of $1.25 on the preferred stock. Brokers loans declined $54,000,000 in week to $1,271,000,000, anew low. NonBrokers loans up $34,000,000. Reserve system ratio 78.4 per cent, against 79 per cent a week ago and 81.6 per cent a year ago. New York ratio 79.6 per cent, against 81.9 per cent and 84.5 per cent respectively. Rediscount rate unchanged at 1% percent.
Bright Spots of Business
By United Press NEW YORK, Sept. 18.—Earnings of Reynolds Metals Company for August and for the first eight months of the year were ahead cf the like 1930 period, according to the president. CHICAGO —Return to prosperity is forecast by a 15 per cent increase in mail handled in the larger cities to near the volume handled two years ago, according to assistant postmaster General Arch Coleman. MONTREAL—MontreaI Light, Heat and Power Company reported for the eight months ended Aug. 31, profit of 58,400,569, against $7,893,453 in the corresponding period of 1930. WASHINGTON —Employment and pay rolls in the radio manufacturing industries were larger in July than in June. VANCOUVER, B. C—British Columbia Power Corporation and subsidiaries reported for the fiscal year ended June 30, net profit of $2,436,816, against $2,188,194 in the preceding year. PROHIBITION STUDIED AT OHIO WESLEYAN U. Prominent Men For and Against Repeal to Be Lecturers. By United Press DELAWARE, 0., Sspt. 18.—Ohio Wesleyan university’s newly established course on prohibition as a governmental problem, offered in the department of political science, will be addressed by men identified with national organization for retention or repeal of dry statutes. Captain W. H. Stayton of Baltimore, founder of the Association Against the Eighteenth Amendment, will lecture Oct. 6, followed Oct. 13 by Dr. E. H. Cherrington of Delawar, general secretary of the World League Against Alcoholism. Study will be made of liquor control methods in other countries political aspects of the problem and the history of liquor regulation.
CHAMBERLIN ORDERS ‘BLACKTOP’ PAYMENT Judge Mandates State to Settle Contractor’s Claim. Circuit Judge Harry O. Chamberlin today mandated the state highway commission and Floyd E. Williamson, state auditor, to pay claims totaling $17,587.38, due A. W. Taylor, Laporte contractor, for construction of a “blacktop” road. The highway known as State road No. 43, was ordered built prior to a recent circuit court injunction order, which prohibits the highway commission from letting future contracts on “blacktop” specifications. Taylor collected $4,050 previously on the contract totaling $82,938.34. The highway commission refused payment following issuance of the injunction on “blacktop” pavement. VEHLING IN ANSWER TO DAMAGE ACTION Coroner Asks $5,000 Complaint Be Made Specific. Answer to a $5,000 damage suit against Coroner Fred W. Vehling was filed today in superior court three by Vehlin’s attorney, Fred E. Barrett. Barrett filed a motion to make the complaint more specific, declaring it does not show Vehling had possession of property belonging to John Snyder, who died at the home of James Holland. Damages were asked, the suit alleged, because the coroner wrongfully and illegally seized the property. Vehling is involved in another suit with Holland in circuit court, where a suit for impeachment of the coroner is pending as a result of Snyder’s death. G. 0. P. LOVE FEAST TO BE AT NEWCASTLE Watson, Leslie Speakers for Tenth District Rally. By Times Special NEWCASTLE, Sept. 18.—With approximately 1,000 received for the first new Tenth district G. O. P. organization dinner, Republican leaders here are jubilant about the prospects of the love feast and rally this afternoon and tonight. The principal address is to be delivered by Representative James R. Hooper of Battle Creek, Mich., and talks are also scheduled to be made by Senators James E. Watson, Arthur R. Robinson, Governor Harry G. Leslie and party leaders. The get-together meeting will be held this afternoon at the Henry County Memorial park while the banquet will be held tonight in the Y. M. C. A, auditorium. ✓
WHEAT PRICES DOWN FRACTION IN UGHTTRADE Large Deliveries Send Corn Mb Lower; Oats Forced to Decline. BY HAROLD E. RAINVTLLE United Press Staff Correspondent CHICAGO, Sept. 18.—Grains were easy in a light trade as the Board of Trade opened today with scattered selling and little buying at the start. Liverpool was dull and easy owing to pressure of nearby stocks and lack of demand. Securities were nervous and lower. Wheat held steady to a minor fraction down. Corn was off a fraction with wheat. Oats met the greatest pressure, but gave up little. Liverpool Declines At the opening wheat was unchanged to M cent lower, corn was unchanged to % cent lower and oats were % to % cent down. Provisions were very slow. Liverpool was as expected, but continued to decline and was % to % cent lower at mid-afternoon. Sentiment continues bullish with all reactions meeting good support. There is more of a tendency to pay attention to bull news. Exports were reported as around 1,000,000 bushels Thursday and have been running large for about three weeks. The bearishness in corn acts as a deterrent. Rains Are Reported Purchases of 105,000 bushels of corn to arrive from the country Thursday and fairly large deliveries depressed September. The trade looks for an increased run,*but this may terminate quickly with a decline in prices. The weather was cooler with heavy rains in lowa. Export demand for oats, rye and barleys from time to time is helping the coarse grains. Oats is disinclined to advance, owing to the uncertainty of the September corn outcome. Chicago Grain Range —Sept. 18WHEAT— • Prev. Open. High. Low. Close, close. Sept.. .49% .50% .49% .49% .50 Dec.. .50% .51V 8 |49% .50% .51 Mar.. .53% .53% .52% .52% .53% May.. .55% .55% .53% .54 % .55% CORN— Sept.. .42% .43% .42% 42% .42% Dec... .38% .38% .37% .38 .38% Mar.. .40% .40% .39% .39% 40% May.. .42% .42% .41% .41% .42% OATS— Sept.. .22% .22% .22% .22% 22% Dec... .23% .24% 23% .23% .24% May.. .26% .26% .26% .26% .26% RYE— Sept.. .39% .39% .38% .38% .39% Dec.. .39% .39% .38% .38% .39% May.. .41% .41% .40% .41% .41% LARD— Sept.. 7.37 7.37 7.20 7.25 7.42 Oct... 7.17 720 7.10 7.12 7.30 Dec... 6.15 6.20 6.15 6.15 6.32 Jan.. 6.22 6.22 6.05 6.07 625 BELLIES— Sept.. 6.80 6.80 6.80 Oct .... 6.50 6.60 By Times Special CHICAGO. Sept. 18.—Carlots: Wheat, 35; corn. 55; oats. 52; rye. 0, and barley. 7. BytfJnited Press CHICAGO, Sept. 18.—Cash grain close: Wheat—No. 2 red, 50% @sl tic; No. 4 red, 49%c; No. 2 yellow hard, 50%@51%c; No. 3 yellow hard, 49c; No. 2 northern, 59c; No. 2 mixed, 51'/2c; No. 3 mixed, 50% ©slc. Corn —No. 2 mixed, 45@45V4c; No. 3 mixed, 44©44%c; No. 6 mixed, 41c; No. 1 yellow 45%c; No. 2 yellow, 45%@45V2C; •No. 3 yellow, 45c; No. 4 yellow. 44%c; No. 1 white, 47%; No. 2 white 47@47%c; No. 4 white, 45. Oats—No. 3 white, 23% @2sc; No. 3 white, 22%©24c; No. 4 white 21%c. Rye—No. 3 46V2C. Barley—so®s6c. Timothy—[email protected]. Clover, $10.75® 14.25. By United Press TOLEDO, 0., Sept. 18.—Close: Elevator prices: Wheat —No. 2 red, 54®55c. Corn —No. 2 yellow. 50©51c. Oats—No. 2 white 26%@27 5 /2c; old oats, 3@4c premium. Rye —No. 2,40 c. Grain on track, 28V2C rate: Wheat, No. 2 red, 48%@49c; No. 1 red, lc premium. Corn—No. 2 yellow, 45® 46c; No. 3 yellow, 44@45c. Oats —No. 2 white. 23%@24%c; No. 3 white. 21%@24c; old oats premium 3@4c. Clover—Prime, $7.75; Oct., $7.75; Dec., $8; Feb., $8.25. Alsyke—Cash, $7.77; Dec., $8; Feb., $8.25. Butter—Fancy creamery, 33@34c. Eggs— Country run, 17@21c. Hay—Timothy, cwt., sl.
Local Wagon Wheat City grain elevators are paving 40c for No. 2 red wheat and 39c for No. 2 hard wheat. INJUNCTION IS SOUGHT Suit Is Filed to Enjoin City From Finishing Airport Road. A suit to enjoin the city from completing a road to the new municipal airport and from leasing of airport property was filed in superior court Thursday by the Builders’ Securities Corporation. The suit charges the city has partially constructed the highway for purpose of spiting these plaintiffs and rendering their property valueless. The corporation owns eighty acres of real estate east of the airport. Leading stockholders in the corporation are Fred W. Mueller and William Hunter. EXPECT JURY REPORT Narcotic Ring Case to Get Verdict of U. S. Probe Body. Partial report of the federal grand jury is expected to be returned to Federal Judge Robert C. Baltzell Saturday morning. Included in the cases, it is said, will be the Edwards hotel narccuc ring in which two men were arrested recently as the alleged leaders of an Indanapolis dope ring. Several liquor cases and one auto theft case are reported to be among those on which the probe body will report. Births Bovs Oakley and Julia Lowe. 805 Yoke. Carl and Martha Engmark, 254 North Mount. Arthur and Sara Rose. Methodist hospital. Cecil and Henrietta Bird, Methodist hosDital. Lowell and Dorothy Parsons. Methodist hosDital. Marshall and Katherine Evans. 1821 Alton. Girls Raymond and Florence More, Methodist hosDital. Jacob and Rose Borinstein. Methodist hosnital. Ward and Mabel Brim. Methodist hosDital. Charles and Freda Chalflo. 1236 Eugene. Deaths Arthur Bailey. 53. 1111 North New Jersey, coronary occlusion. Fred Shumaker. 61. 3917 North Capitol, acute dilatation of heart. Ralph Ira Taufman. 30. 243 East Eleventh, chronic endocarditis. Willoughby Witherspoon. 79. 41 West Twenty-eighth, myocarditis. Charles D. Trowbridge, 68, 3538 Fall Creek, Bright’s disease. William Nathan Masten. 57, 1315 South Belmont, carcinoma. Mary Baird. 49, 948 Camp, acute myocarditis. John G. Marlowe. 76. 1125 West Thirtythird. cerebral hemorrhage. Infant Ritter. 3 days, city hospital, patent foramen ovale. Percival O. Power. 52. 4820 Washington Blvd.. chronic myocarditis. Matilda Bauer, 66. 1126 North Keystone, apoplexy. Jennie B. Carson. 82. 908 East Twentyninth. acute splentis. Margaret Josephine Moore. 4. Villa and Southeastern, fractured skull. Elizabeth Suess, 71. 817 East Seventeenth, carcinoma. #■
College Grid Camp Notes
Bv United Press ANN ARBOR. Mich. Couch Harry Kipke's search for a punter to replace Jack Wheeler, last year’s kicker, has turned up a fir.e prospect in Jack Heston, second son of Willie Heston, to try for the Michigan football team. Heston is being groomed for a regular back field berth in his first year on the squad. Willie Heston Jr., a letter man last year, also is back on the squad this year, tt u tt lOWA CITY—Jim Graham has temporarily replaced Laws as first-string quarter back on the University of lowa team. Captain Oliver Sansen, full back, and Swaney, an end, are nursing slight injuries. tt tt It COLUMBUS. O.—Coach Sam Williaman expected pick the tentative first squad of Ohio S.ate players today. Because of the extreme heat the Ohio State squad has been retarded in its practice. tt . tt tt MADISON. Wis.—After three days of practice. Schneller and Rebholz have demonstrated they are the best punters and and Lovshin and Thurner the best pass-receiving ends on the University of Wisconsin squad. The first scrimmage will be held Saturday. tt tt tt CHICAGO.— Coach A. A. Stagg’s small squad was minus another player today. Joe Temple, veteran back, fell through an open man-hole while walking under the stands at Stagg field Thursday. X-rays have been made to determine the extent of his injuries. tt tt tt MINNEAPOLIS. Minn—Quentin Burdick, first-string blocking back, will not be lost to the Minnesota team as at first expected after an attack of appendicitis. A quick change for the better will allow' him to leave the hospital Saturday and return to the squad. A first-string line tried out Thursday by Coach Fritz Crisler averaged 200 pounds. tt tt tt EVANSTON. 111.—Accurate passing by Pug Rentner and general ail-round work by Ken Meenan. sophomore full back candidate. featured Northwestern's first official scrimmage. Meenan gained almost at will through the second team line. tt tt tt SOUTH BEND, Ind.—One of the principal problems facing Coach Hunk Anderson these days is to find a successor to Marty Brilli, Notre Dame right half back last year. Joe Sheeketski had an advantage over the other blocking backs in Thursday’s drill. Carl Cronin and Ray Brancheau, a sophomore, also made favorable impressions. The first string back field Thursday was composed of Emmett Murphy, quarter back; Marchy Schwartz and Skeeketski, half backs, and Lukats, full back. tt tt tt BLOOMINGTON, Ind—With the first game only eight days away. Coach E. C. Hayes drilled his University of Indiana players in offensive formations today in an effort to get ready for Ohio university, boasting a string of nineteen straight victories. tt tt tt t CHAMPAIGN. Ill—Although Coach Bob Zuppke has relegated most of last year’s veterans to the second and third teams, many of them are showing improvement and may win back their varsity jobs before the start of the season. Four sophomores formed the first-string back field in Thursday’s practice. tt tt tt LAFAYETTE, Ind. Abundant back field material may cause Coach Noble Kizer of Purdue to employ two sets of backs this season. One outfit, composed entirely of seniors, was made up of White, Purvis, Risk and Yunevich. The other was made up of Horstman, Heckej, Carter and Pardonner, the last three sophomores. tt tt tt CRAWFORDS VIL LE. Ind. Fortv-five gridmen who reported for the opening practice of the season two weeks ago are expected to make up one of the most formidable football sauads Coach Robert E. (Pete) Vaughan, former Notre Dame and Princeton athlete, has directed at the Scarlet school for the past several years. Ten of last year’s varsity lettermen are available for Vaughan’s 1931 edition of Little Giants, and numerous sophomores who performed well with the freshman eleven last fall are expected to maze strong bids for positions. Vaughan this fall beiens his thirteenth vear as head coach of football at Wabash. The Scarlet will open the season Sept. "26 here against Indiana Central.
Young TerryTitle Threat By United Press NEW YORK, Sept. 18.—Young Terry, a virtually unknow-n fighter from Trenton, N. J., loomed today as a worthy contender for the world’s middleweight championship left vacant by the retirement of Mickey Walker. Terry, making his “big time” debut at Madison Square Garden Thursday night, fought to a ten- ’ round decision over Jackie Fields of California, former world’s welterweight champion and a highly ranked aspirant for 160-pound honors. YOUNG WALSH TO WED By United Press MERIDEN, Conn., Sept. 18. —Edward Arthur Walsh Jr., Minneapolis American Association pitcher and son of Big Ed Walsh, famous Chicago White Sox hurler, will be married Oct. 16 at San Antonio, Tex., to Miss Mary Lorraine Terry of that city, according to announcement here. Young Ed went to the White Sox after his graduation from Notre Dame in 1928, and was farmed out to Minneapolis for seasoning. Big Ed is retired here. WILSON DEAL DENIED By United Press BROOKLYN, Sept. 18. The Brooklyn club has purchased no players nor has it negotiated for the purchase of any, David Driscoll, business manager, announced today. The announcement was made following publishing of reports that the Robins had bought Hack Wilson, hard-hitting outfielder, owned by the Chicago Cubs and now removed by that club from active duty as a result of breaking training rules. ' SPEED BOATS BATTLE By United Press WASHINGTON, Sept. 18.—The fifth annual President’s cup speedboat regatta, with an entry list of more than 200 runabouts, outboards and hydroplanes, will be run here today and Saturday on the Potomac river. ZION LEADER IS DEAD Solomon Frankel, 50, Found in GasFilled Room. By United Press NEW YORK, Sept. 18.—Solomon Frankel, 50, who was one of the leaders of the Zionist movement in America, was found dead today in a gas-filled room in the Bronx. He left a note to the Zionist organization of America. Its contents were not revealed.
.SEPT. 18,1931
PSYCHIC TRIES TO NAME AUTO TORCH VICTIM Gene Dennis Makes Effort to Identify Schroeder Death Figure. Holding in her hands a piece of skull and a jacknife, Miss Gene Dennis, appearing at the Circle theater here as a psychic consultant, today attempted to identify for Police Chief Mike Morrissey the victim of the Harold Schroeder auto-pyre victim. As she clutched first the jacknife, found on the body in Harold Herbert Schroeder's burning auto May 31, 1930, she said she caught the name of Floyd or Lloyd Evans, and the towns of St. Louis and Anna, 111-, with a river in the picture. The victim was young, about 27, and mechanically inclined, she said. Blonde Brother’s Picture Then she grasped a bit of the victim's skull, preserved by detectives, and the name became that of Ray Snider, living in the south, and again a river intruder on her image. A blonde girl, whose connection with the case she said she could not distinguish, also bothered her picture, she said. Money was at the base of the whole affair, she told Chief Morrissey. Miss Frances Dickson, her secretary, and formerly a newspaper writer, said Miss Dennis has solved several crimes for police in her history of psychic work. Solved Tennessee Murder One example, Miss Dickson related, was a murder in Tennessee, where, called by police Miss Dannis named the hiding place of the murderer, the time he could be captm 3d, and accompanied police to the spot she named where the fugitive was caught. Miss Dennis is to return to police headquarters at 11 Monday morning, to accompany police officials to the box containing remains of the Schroeder victim, again to try to identify the body. Schroeder is serving a prison term at Michigan City state prison for manslaughter. He was convicted here last fall after a long sensational trial in criminal court.
The City in Brief
During June, July and August, the Indianapolis Travelers’ Aid Society handled 1,262 cases, Miss RomM. Sater, executive secretary, reported at the quarterly meeting of the board of directors Thursday. “Ten Nights in a Bar Room” will be revived by the Marion County Christian Endeavor union in the Civic theater next week. The play will be directed by David Milligan, who was awarded the director’s cup in the 1931 municipal dramatic tournament. PINCH 23 IN MOB AT PITTSBURGH ELECTION Police Guard Vote Returns as Stealing Is Charged by Candidate. By United Press PITTSBURGH, Sept. 18.—Twen-ty-three men, said to have been armed with clubs, hammers and wrenches, were arrested at the Allegheny county courthouse today as police guarded election returns. When the arrests were made, Charles C. McGovern, who on the basis of unofficial returns defeated the veteran Republican leader, Joseph G. Armstrong, for the second county commissioner nomination, was preparing to bring charges of fraud against fifty-eight persons. McGovern charged an attempt was being made to steal the election from him. State Senator William D. Mansfield’s plurality over McGovern was more than 30,008 on the basis of unofficial returns. HORDES OF SEAGULLS BRING FARMERS CHEER Grasshoppers, Other Pests May Be Wiped Out by Birds. By United Press • FT. COLLINS, Colo., Sept. 18. Colorado farmers, who have battled through the summer against an overwhelming plague of grasshoppers, had anew ally today in huge swarms of seagulls, which settled down out of nowhere in the fields of this vicinity. The birds, assumed to be from the region of Salt Lake City, arrived in such large flocks that they covered the fields in some cases. Their arrival recalled the historical cricket plague of 1849 at Salt Lake City, when seagulls similarly arrived on the scene to eliminate the pests. The Mormons saw in their coming a miracle, and erected a statue which stands near the great Mormon tabernacle at Salt Lake City, dedicated to the birds.
Specialists tn Unlisted Securities Edw. W. Zaiser Securities Corporation 414 Continental Bank Bids. Bllgy 4043 James T. Hamill & Company Private Wlre to All Leading Market* Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel. Riley 5493—RHry 5491
