The Indianapolis times. [volume], October 05, 1929, Noon Edition, Second Section, Page PAGE 13, Image 13

About The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965

Image provided by: Indiana State Library

                
OCT. 5, 1929
STOCK TICKERS
FAR IN REAR OF
MARKET DEALS
Vast Numbers of Small
Orders Put Through
on Exchange.
Average Stock Prices
Average of twenty Industrial! for Thurs
day was 329.95. off 14 45. Average of
twentv rails u 170 26. off 2.73. Average
of fortv bonds was 32 27. up .04.
NEW YORK, Oct. 4—Stock tick
ers were forced nearly an hour be-,
hind the market today as vast num
bers of small orders were executed.
The list held surprisingly steady late
In the day, with gains and losses
about evenly divided in the active
shares.
Earlier in tile sessio. heavy liqui
dation had been encountered, driv- |
lng prices to new lows on the move
ment. This was mostly forced un- ;
loading of weakly margined ac- j
counts Then a recovery set in, led
by United States Steel and Radio!
Corporation, but prices failed to;
continue their upward tendency,
holding around the previous close in
most instances.
From the movement in the money
market, it was apparent that stocks
were passing into strong hands.
On the floor of the exchange, con
fusion reigned as thousands of or
ders were telephoned in from bro
kerage offices where they were re
ceived from all over the country on
the network of wires.
At the opening, specialists spent
considerable time grouping orders
that came out in lots of 5,000 to
10,000 shares. During the day it
was found necessary at various
times to group the orders and sev
eral lots of 5,000 shares each ap
peared after the initial dealings had
been cleared up.
It was a sorry day for many small
traders. Many were apprised of the
fact that their accounts were
cleaned due to lack of sufficient
margin. /Others saw their paper
profits completely melted away and
huge losses chalked up.
Brokerage statements for Septem
ber just were being received, and
while they did not include the
break Thursday, they were convinc
ing evidence in most cases that
losses can be run up much more
quickly than gains.
Eager eyes watched the trans-Lux
tickers in crowded board rooms
where there was a constant hum
of excited voices. Cheers were
heard when Steel began to pick up
in the afternoon, and when word
was flashed on news tickers that
Radio was 85% bid at that time the
tape showed Radio around 83.
Bond tickers were hammering out
lists of principal stocks every ten
minutes to keep traders posted cn
the trend of the market. The Stock
Exchange price service department
was swamped with requests for bid
and asked quotations on various
stocks.
Losses included Anaconda. 109%,
off 1%; Erie, 75%, off %; Chrysler
53%, of %; Texas Corporation, 63’
off %; American Smelting, 105%,
off 1%; Cerro De Pasco. 89%, off %;
Texas Gulf Sulphur, 55%. off s*:
Kennecot, 78%. off %; National
Cash Register, 119%. off %; Radio.
82%, off %; Woolworth, 91%, off
2%; National Da’rv 65%. off 2: Un
ion Carb de, 115: Montgomery Ward,
105, off 1%: Gold Dust. 60%. off %;
Consolidated Gas. 132%. off 2%;
Sinclair. 32%. off 1%; .Baltimore &
Ohio, 128. off %; Sears. Roebuck
147%. off 1%; and Atlantic Refin
ing. 53%. off 2.
Banks and Exchange
INDIANAPOLIS STATEMENT
Indianapolis bank clearings Friday
Oct. 4. $4,237,000. debits. $8,420 000.
CHICAGO STATEMENT
Rr/ T'nitrrt Free*
.CHICAGO. Oct. 4 -—clearings
*116.200.000; balances $11,700,000.
NEW YORK STATEMENT
fly Vnitrd Fret
NEW YORK Oct. 4.—Bank clearings.
*1 921 non 000 clearing house balance
**64 000.000 federal reserve bank credit
balanc* *198.000.000.
Treasury Statement
Bv T’nitcd Pm
WASHINGTON Oct. —Treasury net
balance on October 2. $401.310 019.93.
Customs receipts for the month to the
same date totalled $2.938.5P9.09.
FOREIGN EXCHANGE
Bv T'nitrd Pms
NEW YORK. Oct. 4.— Foreign exchange
dosed steadv. Sterling $4.853.. off
lira 5.23'.c; francs 3 91 15-16 c. off 00 1-16.
Beiea 13.93 c. up 01: marks 23.82%e up
.00%.
Local Wagon Wheat
City train elevators are pavint $1.16 for
No. 3 red wheat and sl.ll for No. 3 hard
vheat.
NEW YORK COFFEE RANGE
—Oct. 4-
High Low. Close.
January 13 25 13.10 13 10
March ........... 12 80 13 71 13.71
s“® 13 4$ 17 3# 13 39
u.a 123s 1335
September 1100 11S5 11
December 13 30 13 30 12 20
Crosley
RADIOS
Installed for
$4j.00 down
BALANCE ONE YEAR
CHICAGO
Jewelry Cos.
tO3 East Washington St.
LI ncoln 8603
JF" 1 ? <OMPICTI
•V* f MOTOR TIRE
41 3 ..tV-s-l J l? 7 w MfVi VCS*. IT
* orx mcur\
New York Stocks
1 1 <By Thomson A McKinnon) “““~
—Oct. 4
Prev.
Railroads— High. Low. Close, close.
I Atc.llsoil ..... 2a9v 265% 265% 265%
At! Coart Line. 185% 183 184 183
'Balt & Ohio .. 1293.4 1377* 128 128 V.
Canadian Pac.. 216 210 211% ...
. Che-a ft Ohio 251 248% 248% 20%
I Cher,a Corp . 76% 75% 75 3 >6 a
• Ohi ft N west. . 95 94% 94% 94%
Chi Ort West.. 14, 14 14 14%
C R 1 & P 129% 126% 126% 128%
Del & Hudson.. 164 185 185 194
Del it Lack a.... 158. :50> a 150% i53%
Erie ... 76% 73/ 75% 75%
line I t pfd.... 617. 61% 61% 62%
Ort Nor . ... HI UO% 110% lU
Gulf Mob it Oil# 40 33 4040
111 Central .... 135 134% 134% 134%
1-ehif.*-. Valley .. 83’* 83% 83-* 84
i Kan City South 94 92 94 92%
: Mlun SC 2 2 2 ?%
M K <rc 7 51% tS 3 '* 51 49‘ 1
Mo Pac pld ... 134% 134% 134% 135
N Y Cen.ral . 219 211% 217% 216
|NYC & St L. 172 170% 170% 171
NY NH ft H . . .116 113 113% 115
Nor Pacific .. .100 98 98V* 68
i NoJfolx West 259% 253% 253 / 259%
o a W 20 19 19 19Vi
• Pennsylvania .. 98% 87 V* 9*% 98
pSrW Va 135 130 132% 136%
Heading 122 120 120 I*l
Seao and Air L ... 16% 16% '6% 17
s->utherr. Hy •• 150 148 149 150
Southern Pac ..141% 138% 140 140
S Paul 36*a 35V 7 * 35r 36
St’ Paul pld 56% 54Vi 54% a
3t L&6 W . 804s 82 82 E 5%
St L <* S F ....119% 117'/a 11<% I*o%
tpyas A: PaC ••• •••
Union Pacific . .264% 258% 258% 263.a
y/est Maryland.. 38 334* 33V* 35/*
West Pac 42* 32V* 327* 33
A)ax 3 l * 33 3 *
r'tv 6% % 6% l "
Goodrich 65% 647* 64 % *5%
Goodyear 95% 93V* 91 * 95 /a
*£*>*:::: % c% 8% 9%
United b.atcs . . 50% 50% 50V 50V*
Am Car Edy ... 95 92 92%
Am Locomotive. 113 HO 112 111
Am Steel Fd ... 56% 54% 54% o4V
Am Air Brake Sh aa 54% 54 * 55
Man Elec Sup.. _24 *3% 24 24/
General Elec .. -3 342*2 34d 351 ?
Gen Ry Signal ..106 102 102 105
Gen Am Tank . 115 112% 112% 116
N Y Air Brake . 42% 41% 41% 42%
pressed Stl Car. 14'/ 12V* 12 1 * 11 -*
Puhman 92% 89 80 V* 90
Wes'ingh Air B. . 57 3 , 56 1 * 56'.* a6V*
Wo ringh Elec ..217% 202 208 21a
Am* i toi _ Mills .. 131 % 126 126 130
Bethlehem 111% 110% 112'% 112
Colorado Fuel .. 63 60 60 04
Crucible 101*4 160% 100% 101'%
Gulf States Stl.. 67 66% 63% 66%
Inland Steel .... so 95 96 94
Otis 46"2 42V* 44% 43%
Rep Iron Stl 121% 117 118% 119%
Ludium 95'/ 92% 951* 93'/
u S Steel 215 206'/ 210 213
Alloy 597 j 52’4 53 7 52'/4
Warren Fdv ... 17 17 17
YO'ingstwn Stl 124% 122% 124 123
Vanadium Corp. 79 75 75 77%
Motors—
Am Bosch Mag.. 61% 58 60% 83 %
; Briggs 23% 22 22Va 21 Vi
; Brockway Mot . . 32% 32 32 33%
i Chrysler Corp.. 54% 52% 53% 54
! T ton Axle S3*/ 52>4 52V. 53 V*
! Graham Paige .. 17% 18% 16% 17%
, Borg Warner ... 60 55% 56 60
Gabriel Snubbrs. 17% i6 17 17
General Motors. 65% 63% 64
Elec fitor Bat . 90 86 88% 88
Hudson 75% 84% 75% 75
Haves Bed Corp 23% 18% 13% 21%
Hunt) 41 40% 40% 40%
Auburn 395 380 385 397
Mack Trucks ... 94% 92 9* 93%
Mormon 40% 38% 39% 38%
Pco 17% 16% 16% i*%
Gardner ....... 8% 8 8 9
Motor Wheel 39% 33% 38% 39%
Nash 77% 77 77% 77%
’ael:rd 26 25% 251', 25%
Peerless 8% 3% 8% 8%
Pierce Arrow.. 30% 28 Vi 28% 30%
Studehoker Cor.. 61% 59% 59% 61%
Stew Warner... 58% 55% 56% 59'4
Timken B-ar ..114% 112V* 112’% 114'/!
Wilivs-Overland. 18% 18 18% 18
Yellow Coach.. 24 22% 22% 25
White Motor 44% 44 44% 44
Mining—
Am S-vlt * Rfg 109% 107 107 108
Am Metals 68% 66% 66% 67%
Am %inc 18 lfl 16 16%
Anaconda Cop ..111% 108% 103% 111%
Calvnet & Arts 121 % 120 121 120%
Calumet ft Hecla 40% 39% 39% 40%
Cerro cl? Pasco.. 91% 88% 90% 90
Dome Mines .... 8% 8% 8% 8%
Andes 49% 49% 49% 50
Granby Corp.... 82 79% 80 81%
Greene Can C0p.170 170 170
C.t Nor Ore 28% 27% 28 28%
Inspiration Cop.. 39% 37 38 41%
Howe Sound .... 56 56 56 58%
Int Nickel 53 50 50 53%
Ksnnecott Cop . 79% 78% 78% 79%
Magma Cop 66% 65% 66 66
Miami Copper.. 40 33% 39% 40
Nev Cons 42% 40% 41% 42%
Texas Gul Sul.. 67 65% 65% 66%
St. Joe 64 62% 62% 64%
U S Smelt 48% 46 46 48%
Oils—
Atlantic Rfg .... 56% 53% 53% 55%
Barnsdall (A) . 33% 31%4 31% 33%
Frecport-Texas.. 43 42% 42% 43
Houston 0i1.... 87% 79% 79% 88%
Indp Oil & Gas 30% 29% 29% 30%
Cont'l Oil 31% 31 % 31% 31%
Mid-Cont Petrol 32% 31 31 32'%
T ago Oil ft Tr.. 27% 27% 27% ...
Pan-A.m Pet B 62% 61% 61% 61%
Phillips Petrol.. 37% 36% 36% 37%
Prairie Oil ... 52% 52% 53% 52%
Union of Cal.. 53% 51% 51% 54%
Prairie Pipe 60% 60% 60% 60%
Pure OH 25% 25% 25% 25%
novel Dutch 59 57% 58% 57%
Richfield 38 37% 37% 39
Shell 26% 26 25 26'%
Simms Petrol... 30% 30% 30% 32
Sinclair Oil 33V* 32% 32% 33%
Fkellv Oil 40 39 39 39%
Std Oil Cal 74% 73% 74% 74%
Std Oil N Y... 42% 41% 42% 42%
Tidewater 17% 17 17 175
Texas Corp 64 63% 63% 6-;
Texas C& O ... 14% 14% 14% 15
Transcontl 12 11% 11% 12
White Eagle .... 32% 32% 32% 33
Industrials—
Adv Rumley 32 32 32
Allis Chalmets N 63% 60 63% ...
Allied Chemical 3041/ 2951/ 298 304
A M Bvers 160% 151% 154% 157
Armour A ...... 10% 9% 9Vs 3
A.tpr Cean 166% 16312 165 163
Am Rolling Mill. .. 130
Alleehßnev Corp 43% 42% 42 /2 42 2
Am Safety Raz. . 62 61 62 6* 2
Am lee 45% 44% 44% 45%
Am Wool 15% 15*5 15% 1*
Asad Dry Goods 47% 46 46 48%
Bon Alum .... 10, 104 V 104% 107
Ca CoS : 145 142 V, 142% 147%
Conti Can 83 80 *0 83 ,
Certeinteed 25% 25V. 25% 25%
Orosiev 87% 84% 87% 86 '<
Coneoleum 22% 21% 21% 22%
Curtiss W 17% 16% 16% I<%
Davidson Chem 49% 47% 49% 49%
nil Pont l#2 v 'a 177*4 I*l*4 180
Famous Players 71% 69% 70% 70,
Gen Asphalt 82% 81% 81 B4
Fox X 97 93% 94V* 95
Gold Dust 63 59% 60 56%
Ollddcn 52% 51% 517'* 52
Tnt Harvester. . .116V4 110% 111% 113%
TCelvlnator 12 I]% ,IV*
Lambert 133% 121 121’2 725
Loews 62% 59% 59% 62 1 2
Msv Stores .... 83% 82% 82% 63
Roister 2t% 201 a 20V* 22%
Montgom Ward .109 104 104 107
Natl C R I. 120 115 119% 120
x-sdio Keith 36 34 34
Owens Bottle .. 81% 81% 51% 82
Radio Corp .... 8574 81% 82% 83
Real Silk 71 64 64 71
Rem Rand .... 51% 48 49% 48
Sears Roebuck ..151 147% 147% 151%
Union Orhide ..116% 113% 115 117
Warner Bros .... 60 48% 48% 50%
Un Ai r Craft. . .102'- 97%, 97% 103
Utiiv Pine 6% 5% 66 5%
USCs Ir P‘.oe.. 25% ?a% 2472 25%
U S Indus Alco. .206% 203 203 206%
Wor*h!ngt.on Pu 'O7 105 105 108%
Woolworth Cos .. 94% 90% 90% 93%
! Utilities—
Am Tel & Tel.. 288 278% 281 286
Am Pr St Lt....t34% 134% 137% 141
Am For P0wer..146% 136% 140 146
Am Wat Wks. .. .170 161 164 156
I Brklvn Manh T.. 60% 60% 60% 61%
Cos! O * E 126% 120% 124 122%
Consol C.as ...144 138% 138% 14114
Elec Pow 6r Lt 66% 63% 63% 65%
Tnt T 6- T....U9 115 115% 118
Nor Am Cos 1513i 148% 140% ]52%
Par Light 178 125 , liS 127
Rub S-rv N J. .1171/ 112% 113% 115
So C*>l Edison . *2% 78% 79% 82%
Std C-as ft EL.212% 206 207% 202,
United Corp... 63% 60% 60 3 ; 62%
On Commission Row
FRUITS
Apples—Choice. $2412.25: Wealthy. $2.50:
Malden Blush. $3 754*3; Jonathans. $2.75:
Grimes Golden. $2 75: New York Duchess
$32532.50; Oravesteln. $3: Wolf River
$3 50.
Cr&nberriea—s3.7s a 15 lb. box: $7.25 a 50
Grapes California seedless. $2 35 a
crate Malatas. $2 a crate: Tokays. $2.35.
Lemons —California, a crate. sl3.
Limes—Lamaela. $2.2503.
Orange*— California Valencia. $3.7508
Peaches—New York $3.50 a bu.
Plums—S3 75: Idaho. 16-lb. case. sl.
VEGETABLES
Beans —Green, stringless. $2 50.
Beets—Home-grown, dot.. 40c.
Carrots —Home-grown, dot.. 50c.
Cabbage —s3 50 a barrel. _
Cantaloupes Flats. $1.35*11.50; Colo
rado. $2.25: Tlotoos, barrel. *4.50: Jumbo
S $ * sultflower— Washington, crate. $3.33.
orn— Home-grown. 35030 c a aosen
Cucumbers —Hothouse, a doten. *135
Eggplant—slsoo3 a dozen; $303.35 a
h a bushel. sl.
Lettuce —California Iceberg $6.5007 a
crate: home-grown leaf, a bushel. *l.
Mustard —A bushel. $1
Onions—lndiana yellowa. $3.7* a 100-lb
ba /arsley—Home-grown, doa. Bunches 45c
Peas—Colorado. $6 a crate.
Pepper*—Home-grown, $l.?o a bushel.
Potatoes-Wisconsin and Minnesota
white. $4 7505 a 160-lb. Dag: Red Biter
Ohios. 130-lb., $3.50.
Radishes— Eutton nothouse. "own 60c
Southern, long red 13025 c dot_^
Sweet Potatoes— Virginia Jerseys. *4 a
barrel: $3 a bushel. .
Tomatoes Home-grown a bushel
*1.35: 15-lb. basket, 50c. .
Watermelons—lndiana. 40065 c each.
Utllitle* Power.. 49 67 47 47
United O ft tea 47% 45% 45% 47%
West Union Tel [phone]
Shinning—
Am Inti Core. . 79 I '* 75% 77% 79
Am Shlo ti Com 2% 2% 2% 2%
7 Atl Gulf & W I 78 77 77 79%
Inti Mer M ofd 33% 32% . 32% 34
: United Fruit ...116% 115 115 116
Foods
Am Sug Rfg ... 75 73% 73% 74
; Beechnut Pke 85
1 California Pkg.. 76V, 75% 75% 77
I Canada Dry 82% 81% 81% 82%
Corn Products ..lloVs 107% 109 109%
Cont Bak A 65 64 64 70V',
Cuba Can Sug 4%
Cuban Am Bug.. 11V* 11% 11V4 12
Grand Union 23% 20Va ... 23%
Grand Union pfd 41% 43%
Jewel Tea 61 58 58 61
Kraft Cheese .. 68% 63% 6G% 66%
1 Kroger 84% 81% 81% 84 s *
I Loose-Wiles 75% 70% 70V, 77%
! Natl Biscuit ..212 204% 212 210%
i Natl Dairy .... 67% <5% 65% 67%
■ Gen Foods 62V* 6061 Va ...
Stand Brand .... 36 s , 35% 35% ...
Ward Baking 8.. 8% 7 7 BVa
Tobaccos—
Am Sumatra .. 37 36V4 36% 37
Am Tob B 165 160 160 165 Vi
Con Cigars .... 62V'* . 60% 62%
General Cigars . 65 1 /* 64*4 643,* 66
Li? & Myers 84V 82% 82% 84%
Lorillard 19% 18 18V, If 1 /*
R J Reynolds .. 53% 53 53 53%
Tob Products B. 10% 9% 10 10%
United Cigar Str 12 11 11% 12%
Schulte Ret Strs 17 16 18 17
New York Curb Market
—Oct. 4
Close.
Allied Power . 64
Am Super Power A 45
Ark Gas 21%
Am Gas 180
Assoc Gas €2%
Aviation Corp 44
Blue Ridge 15%
Cities Service 60%
Cord 30
Commonwealth Southern 20%
Durant 7%
Elec Bond <Sc Share 143%
Elec Inves 225
Ford of Canada (A) 36'/*
Ford of England : 16
Fox Theatre 25
Fokker 36
General Baking (A) 6
Goldman Sachs 100
General Theatre 56%
Gulf Oil 185
General Realty 2"
Hudson Bav 16%
Humble Oil 116%
Imp Oil 35
Ind Pipe 31%
Int Pete 25%
Int Super Power 72%
Mid-West, Utility 42'/s
N E Power 70
N Am Aviation 10
Niagara & Hudson 2114
Ohio OH 78%
Per.road 21V*
Pantepcc 4
Rainbow 34%
Sait Creek 13%
Std Oil Ind 53 %
Std Oil Kan 24%
Std Oil Kv 2l "
Stutz Motor 10
Sal Industires 21
Trans Cont AT 17%,
United L & P (A) 44%
United Gas ft Imp 250
United Verde E 20%
Vacuum Oil 118
Walgreen 953^
Chicago
Stocks
—(By James T. Hamll) & Cos.)
TOTAL SALES, 690,000
.. High. Low. Last.
Adams Mfg 35% 35Vi 35%
All-American Mohawk.. 16 15 15'
Allied Motor Ind pfd... 42 41 41
Art Metal Wks 35 3 /t 34 34
Auburn Automobile 390 355 370
Bendix Aviation 67'.i 63'/* 66
Binks Mfg 27% 27'* 27%
Borg-Warner 59V* 55 57'%
Brown Fence & W (A) 21% 20% 21
Brown Fence <& W (B) 15 7 * ...
Arnn Eq 32% 31% 32
Cord 31 29V* 29%
Butler Bros 29% 29 29V/
Cent & So West 145 135 145
Chicago Corp 42% 38V/ 40%
Chicago Corp ctfs ... 51 50 50%
Chicago Yellow Cab.. 29'/*
Construct Materials ... 23 21'/* 22'/2
Construct Materials pfd 41'/* 40 41'A
Electric Research Lab.. 8 7% 7Vi
Gleaner ns
Goldblatt Bros 32 1 /*
Great Lakes Aircraft... 18 3 A 17 17
Grlgsbv-Brunow 64 59% 61%
Hart-Carter 23*/* 22% 23V*
Houdaille-Hershey A... 39'/2 39% 39
Houdallle-Hershey 8... 39% 38% 39%
Insull Util Invest 105 97 100
Insull Util Invest pfd... 100% 100 100
Iron Fireman 33% 33 33V*
Kalamazoo Stove 91 89 91
Kellogg Switch com ... 12%
Ken-Rad Tube & Lamp 24% 23% 24
Keystone Bteel 40 39'/* 40
Lane Drug, V T C 13 Vi
Libby-McNetl 16% 15% 16%
Lion Oil Refining Cos.. 28 25 26
Lvnch Glass Machine.. 21
Material Service 31% ...
Meadows Mfg Cos com.. 5 3 5
Merchants ft Hfrs A ... 32 31% 31%
Mid West Utilities ....435 410 410
Midwest New 447* 41% 427's
No Amn L & P 70
Monsanto Chemical.... 75 73 75
Muncle Gear "B" ... 5%
National Electric P A 41 39 39
Natl Sec Invest 46 45 45
National Standard ... 41
Nob-Sparks Indus Inc 57 56 57
No & So Amer Corp 34 33 34
Ontario Mfg 41 Vi 38% 40
Parker Pen 47 40% 47
Perfect Circle 53
Pines Winterfront ... 67 65 67
Reliance Mfg Cos .... 21% 21 21%
Ross Gear 41 38 41
Rverson & Son 41% 4040
Standard Dred Cos 34% 34 34
Steinite Radio 19% 18% 18%
Centl Thea Eq 59% 54 54
Swift & Cos 136%
Swift Inti 32% 32 32
Unit Corporation 23% 23% 23%
United Reproducers .... 23% 23% 23%
U S Radio and Tel 36 35% 35V*
Utah Radio 22 19% 20
Utility ft Ind 47% 45% 46
Utility & Ind pfd 49 ' 48 48
Van Sicklen 29% 28% 28%
Warchell 23% 23 23
Warchell. ofd 29%
Wexstark Radio 66 60% 66
Wieboldt Btores 39 37% 38
Yates Machine 24% 22% 22%
%enith Radio 34T* 34 34
In the Cotton Market
(By Thomson <& McKinnon)
NEW YORK, Oct. 4.—The south was a
free seller during the first hour this
morning, but the slight decline uncov
ered an even larger demand from trade
sources, and at noon the market had re
covered its loss and prices were firm
around 1885 for December. With all the
private estimates now published, our fore
cast that none of them would be above
15,000,000 bales proves to be correct.
In making up Its figures the govern
ment will have the advantage of possess
ing the beginning figures up to Oct. 1
and undoubtedly they are large, never
theless. the trade expects a small estimate
and the beginning figure to serve only
as an evidence that the crop is a very
early one. We are accepting these con
clusions on the grounds tnat they are the
best available, and having done so we
have no difficulty In forming the opinion
that prices are cheap for a crop which
bids fair to be less than the year's con
sumption.
NEW YORK
High. Low. Close.
January 18.95 18.83 18.86
March 19.18 19.07 19.10
Mnv 19.40 19.26 19.30
July 19.19 19.10 19.15
October 18.77 18.68 18.71
December 18.88 18.76 18.81
NEW ORLEANS
—Oct. 4
High. Low. Close.
January 18 79 18.66 18.74
October 18.52 18.40 18.47
December 18.70 18.56 18.63
CHICAGO
High. Low. Close.
January 18.90 18.81 18.85
March 19.13 19.03 19.10
May 19.30 19.25 19.25
October 18.55 18.50 18.50
December 18.80 18.65 18.74
Building Permits
J. Krauss. dwelling and garage, 5016
East Tenth. $5,250.
L. Tingle, repair. 39 South Bradley. SBOO.
J. Kraus, dwelling and garage. 5301
English. $3,650.
J. Kraus, dwelling and garage. 5305
English. $3,650.
J. Kraus, dwelling and garage. 5309 Eng
lish. $3,650.
A. R. Lester porch. 4037 Boulevard place,
S2BO.
Supreme Oil and Refllnlng Company,
shed. Twentv-thlrd and Ralston. $5,000.
A. Hason. porch. 1407 Bouth Alabama.
S4OO.
A. Hanson, porch. 1411 South Alabama.
S4OO.
P. Prlsuttt. garage. 124 South Noble S4OO.
r. M. Andrews, addition. 2850 North
Adams. $847.
M. M Andrews Company, dwelling. 2968
North Sherman drive. S3OO.
O. Lee. reroof. 1449 Montcalm. S3OO
H. H. Fuik. dwelling and garage 1225
Shannon. $4,100. . „„
R. M. Collier, dwelling and garage. 6188
North Delaware. $6,400.
B. Wilson, dwelling and garage. 707 East
Fifty-seventh. $7,000 _ .
I. Townsend, garage 832 West Twenty
six tlx 1200.
O j. rosier. shed. 704 West Twenty
i fourth. S3OO.
H. O. Templeton, passage. 4141 College,
THE INDIANAPOLIS TIMES
PORK MARKET
STEADY TOIO
CENTS LOWER
Cattle Stationary; Vealers
50 Cents Higher at
sl6 Down.
Bulk. Top. Receipts.
27. 510.10dJ1.15 311.15 5.500
28. 10.10dJ0.90 ' 10.90 4.500
*9. 9.80*d 10.60 10.60 10,500
C L t ' 9.25010.35 10.35 . 7.000
2. 9.504i10.35 10.35 3.000
3. 9.754x10.60 10.60 4.500
4. 9.75010.50 10.50 9.500
Hogs were mostly steady to 10
cents lower today at the city stock
yards. Most loss shown on 160 to
250-pound weights. The bulk, 150
to 280 pounds, sold at $9.75 to $10.50.
Receipts were estimated at 9,500;
holdovers, 444.
Cattle were steady, and more ac
tive than the unusual Friday mar
ket. Vealers strong to 50 cents
higher, selling at sl6 down.
Sheep and lambs were stationary
at Thursday's best prices. Better
grade of lambs sold at sll to sl2;
tops, $12.50; throwouts, $8 to $lO.
Chicago hog receipts 14,000, in
cluding 2,500 directs; holdovers,
5,000. With a few early sales selling
10 to 15 cents higher than Thurs
day's average; $10.45 to $10.50 paid
lor 180 to 210-psund weights;
$10.25 bid on 325-pound butchers.
Cattle rece.pts 2,000; sheep, 11,000.
Indianapolis livestock prices to
day: Hogs, 250 to 350 pounds, $9.25
to $10.05; 200 to 250 oounds, $10.05
to $10.40; 160 to 200 pounds, $10.50;
130 to 160 pounds, $10.25 to $10.50;
90 to 130 pounds, $9 to $10; packing
sows, $7.75 to $8.75.
Cattle receipts, 700; calves, re
ceipts, 300; market, steady; veals,
higher; steers quoted $10.50 tc
$15.50; beef cows, $7 to $9; low cut
ter and cutter cows, $5 to $6.50;
veals sls to sl6; heavy calves, $6.50
to $11.50; bulk stock and feeder
steers, $7.50 to $10.50.
Sheep receipts, 500; market,
strong; lambs, $12.50; bulk fat lambs
$10.50 to $12.50; bulk cull lambs,
$7.50 to $9.50; bulk fat ewes, $3.50
to $5.50.
—Hogs—
Receipts. 9 500: market, lower.
250-350 lbs 3 D.25(?i'10.05
200-250 lbs 10.05010.40
100-200 lbs
130-160 lbs 10.2545:10.50
90-130 lbs 9.00@10.00
Packing sows 7.75® 8.75
—Cattle—
Receipts. 900; market, steady.
Beef steers $10,504/15.50
Beef cows 7.00(H) 9.00
how cutter and cutter cows.. 5.00@ 6.50
Bulk stock and feeder steers .. 7.50@10.50
—Calves—
Receipts. 700; market, steady.
Best veals $15.0067:16.00
Heavy calves 6.50@11.50
—Sheep—
Receipts. 500: market, steadv.
Top fat lambs $12.50
Bulk fat iambs 10.50@12.50
Bulk cull lambs 7.50® 9.50
Bulk fat ewes 3.50® 5.50
Other Livestock
Pu T’nitrd Prcns
CHICAGO, Oct. 4—Hogs—Receipts. 14.-
000, including 2,500 directs; opening strong:
later trade 104/20c lower: top, $10.50; good
to choice, 170-240-lb. weights, $10.15®
10.40; 300-lb. average. $9.60; packing sows,
SBO3 8.75; butchers, medium to choice, 250-
350 lbs., s9® 10.25; 200-250 lbs., $9.50®
10.50: 160-200 lbs., $9.7563 10.50; 130-160
lbs.. $9.354310.35! packing sows. $7.60438.75:
pigs, medium to choice. 90-130 lbs., $3.75
@lO. Sheep—Receipts, 2.000; calves, 1,000:
generally steady trade, iower grades pre
dominating; no choice steers here; largely
a cleanup market; most stale and fresh
steers selling at sl2 downward; slaughter
classes, steers, good and choice 1,300-1.500
lbs.. $12.5043 16.40; 1,100-1.300 lbs., $12.50®
16.40; 950-1,100 lbs., $12.50@ 16.40; common
and medium. 850 lbs. up, $8.754312.75; fed
yearlings, good and choice. 750-950 lbs..
$12.754i16; heifers; good and choice, 850
lbs. down, $12.604314.75; common and me
dium. $7.50® 12.50; cows, good and choice,
$343 1 0.50; common and medium, $6,254)8;
lotv cutter and cutter cows, $5@6.25; bulls,
good and choice beef, $8.65 43 10; cutter to
medium, $6.50438.50; vealers, milk fed, good
and choice. $12,504(15.50; medium, $11.50
@12.50; cull and common, $7@11.50;
Stockers and feeder steers, good and
choice, all weights, $104711.75; common
and medium, sß® 10. Sheep—Receipts. 11,-
000; active, strong to 25c higher; fat
natives. $12,254(12.50; top. sl3; rangers.
812.75; fat ewes, $4,504(5.25; 62-lb. feeding
lambs. $12.25: lambs, good and choice 92
lbs. down. $124(13; medium. $10,504(12;
cull and common. $7.50® 10.50: ewes me
dium to choice, 150 lbs. down, $44(5.50; cull
and common. $2.25%4; feeder lambs, good
and choice, $11.75® 13. 6
B)t Time* Special
LOUISVILLE, Ky., Oct. 4.—Hogs—Re
ceipts, 600; market. 15c lower; mediums
and lights, 130-250 lbs.. $9.20@10.20; ex
treme heavies, 250 lbs. up, $9.60; pigs, 130
lbs. down, $6.10@7.35; stags and throw
outs. $6 60(3:7.20. Cattle—Receipts, 300-
market, steady; prime heavy steers, $11.50
® 12.50; heavy shipping steers, $9@11.50;
medium and plain steers, $8(39; fat heif
ers, s7@!l; good to choice cows. $7(38.50;
medium to good cows. $5.75@7; cutters,
$5.25®7.57; canners, $4.50©5; bulls, s6<3;B'
feeders, $8@10.50; stocks, s7©lo; calf re
ceipts, 300; market, steady; fancy calves,
sl4; good to choice, $11(313.50; medium to
good, $9(3-11; outs, $9 down. Sheep—Re
ceipts, 200; market, steady; ewes and
wethers, sl2; buck lambs, S10; seconds, $5
(3’7; sheep. $3.50(54.50. Thursday’s ship
ments—Cattle, 199; calves, 86; hogs, 303-
sheep, 248.
Bii United Press
CLEVELAND, Oct. 4. —Hogs—Receipts,
I. holdovers. 56; market steady; 250-
350 lbs , $9.40© 10.30; 200-250 lbs., $10.35(3
10.90; 160-200 lbs., $10.50(510.85; 130-160
lbs.. $10.50® 11: 90-130 lbs.. $10910.50-
packing sows, $8.50©9. Cattle—Receipts.
200: calves, receipts 400; market steady;
beef steers, $8@9.25; beef cows and cutter
cows, $5(3.5.75. Sheep—Receipts, 700; mar
ket steady: bulk fat iambs, $13(313.25; bulk
fat ewes, $5@5.50.
Btl T’nited Press
o ° ct - * —Hogs—Receipts.
2.800: holdovers. 600; market, steady to
2oe lower: 250-350 lbs.. $9.50© 10.25: ' 200-
250 lbs.. $10®10.50: 160-200 lbs.. $10.25©
10.50: 130-160 lbs.. $10(3)10.25: 90-130 lbs..
$8(310.25: packing sows $8(38.75. Cattle
—Receipts. 400:: calves, receipts. 175;
market, steady, veals. 50c to $1 higher:
beef steers. $7,505.13: light yearling steers
and heifers. s7© 11: beef cows $6 75(3 8.50;
low cutter and cutter cows. $5(36.25: veal
ers. $13®17: bulk stock and feeder steers,
sß@>lo. Sheep—Receipts. 750: market
steady; ton. fat lambs. $12.50: bulk ftt
lambs. $11i3i12.50: bulk cull lambs. s4@6:
bulk fat ewes. $4@5.50.
Bn T’n ; ted Press
TOLEDO. Oct. 4.—Hogs—Receipts. 400;
market, local, good, steady; heavies. s9®
9.50: mediums, $10.60© 10.70: Yorkers
$10.40(3 10.50: Digs. $9 50(3 9.75. Cattle—Re
ceipts. 450: market, steady. Calves—Light;
market, strong. Sheep and lambs—Light;
market, slow.
Bt/ United Press
FT. WAYNE. Ind.. Oct. 4 —Cattle-3Se
ecipts, 75. Calves—Receipts. 75. Hogs—
Receipts. 500. Sheep—Receipts. 300: mar
ket. steady; 90-110 lbs.. $8.70; 110-140
lbs., *9.25: 140-160 lbs., $lO 10; 160-200
lbs.. $lO 25; 200-220 lbs.. $10.35: 220-240
lbs., $10.15; 240-260 lbs., *0.90; 260-280
lbs.. $9.60; 280-300 lbs.. $9.45: 300-350
lbs.. $9.10; coughs. $7.75; stags. $6; calves,
sl6; lambs. $11.75.
Bn United Press
EAST BUFFALO. Oot. 4.—Hog*—Re
ceipts. 2.700; holdove*. 400: markgt
weights below 150 lbs., wje higher; othefS
steady: 350-350 lbs..
lbs., 910.40011.10; 160-) lbs.. $10.75(3
11. 130-160 lbs.. $10.50 <311.50; 90-130
lbs.. $10.25(310.75; packing sows. $8.25(39.
Cattle—Receipts, 250: market, active fully
steady. Calves— Receipts. 350; market
unchanged; beef steers. $13615, light
yearling steers and heifers. $13®15./5:
beef cows, $8.75(99.75: low cutter and
cutter cows, $4.5097.25; vealers, $17,506
I*.
RAW SUGAR PRICES
High. Low. Close
January 2 28 2.27 2.2*
March ............... 2.30 230 2.30
May . " 234 * 2.33 2.34
i July 2.41 2. 2 40
September 2.4* 3 45 2.46
December **3 2.2i in
Business
—and—
Finance
i flu I ytltrrt Pr* ** .
PHILADELPHIA. Oct. 4.—The
board of directors of the Baldwin
Locomotive works Thursday author
ized the issuance of 43,000 shares
of the new Baldwin stock for the
purpose of consummating the pur
chase of all capital stock of the
: Southwark Foundry and Machine
' company.
The Baldwin company acquired
the capital stock of the Southwark
company since the call for the
stockholders’ meeting, also held
Thursday, was sent out. Only the
' approval of the board of directors
was needed to complete the deal.
Growth of the North American Car
Corporation In the last ten years is indi
cated by a report, made public today,
showing that in 1920. 114 employes were
covered by the company's group insurance
plan, as compared with 400 at the present
time. Os the original 114 covered. 23 are
still In the employ of the corporation.
Twenty-five thousand square feet of
additional floor space will be added to
the Hump Hair Pin Manufacturing Cos.
division of the Chain Store Products
Corporation in Chicago. When com
pleted, this division will occupy ap
proximately 109,000 square feet of plant
space in its own and leased premises,
officials revealed today.
The department of commerce has granted
the Mono Aaircraft Corporation, subsi
diary of Allied Aviation Industries, Inc.,
an approved type certificate on the latest
addition to its production line of planes,
the Monosport. This gives the company
a 100 per cent government approval for
its four models now in production, a record
unexcelled by anv monoplane manufac
turer in the United States, according to
Floyd Augus.ine, president.
Neisner Bros., Inc. report sales for
September 1929 totaling $1,240,355 com
pared with $928,235 for September last
year, an Increase of 33.6 per cent. For
the nine months ended September 30
sales totaled $9,473,840 against $5,195,377
for the same period of 1928, a gain of
52.9 per cent
NEW YORK, Oct. 4.—Toixl sales of
2,524,078 shares in September established
anew record in the volume of trading
on the Securities Market, New York Pro
duce Exchange. This is a daily average
of approximately 115,000 shares.
Increase in consumption of tin in the
three major markets coupled with a large
decease In supplies of Straits tin. caused
a decrease in the world’s visible supply
of 1,844 tons during September. These
were the chief features of monthly tin
statistics released by E. A. Brennan, sec
retary of the National Metal Exchange,
today.
Manufacturers had a lesson forced
upon them bv the World war that
10,000 years of ordinary events has
failed ta teach them, according to L.
C. Harbison, president of Household Fin
ance Corporation, who has studied the
present economic situation both In
Europe and America.
The American Engineering and Manage
ment Company is consolidating a group
of the largest motor freight transportation
systems in southern California, with a
combined property value of $3,500,000 and
doing an annual business of $2,000,000, it
was learned today from Louis Davis Jr.,
chairman of the company.
Ernest M. Johnson, representative of
she bond department of Paine. Webber
& Company for a number of years, has
been appointed resident manager in St.
Paul for Peabody, Smith & Cos. of Chi
cago and New York. The office of which
Jonnson will be in charge will serve
eastern Minnesota and western Wisconsin.
Directors of the American Chain Com
pany have voted to resume dividends on
the common stock at the annual rate of
$3 a share through declaration of a quar
terly dividend of 75 cents, payable Oct.
20 to stock of record Oct. 12. The last
previous dividend was paid in October
a year ago.
A decrease of $2,601,453,000 or 6 per
cent, was registered in the aggregate mar
ket value of 100 representative common
stocks in September, according to Fra
zier Jelke & Company. This compares
with an increase of 9.7 per cent in August
and an Increase of 4.7 per cent in July.
Two new links in the lengthening na
tional chain of subsidiaries acquired in
recent months by the Associated Tele
shone Utilities Company were introduced
today by the acquisition of the Pomona
Y alley Telephone & Telegraph Union and
the Ontario & Upland Telephone Com
pany. both operating in prosperous sec
tions of California.
The American public invested upwards
of $1,500,000,000 in investment trusts in
the first eight months of this year and
the total investment has now reached the
huge sum of $2,500,000,000, but despite
this phenomenal growth the investment
trust is still In Its Infancy and the much
greater investment of $10,009,000,000 may
be anticipated In the near future, John
Scott Lansill, president of the United
States Shares Corporation.
Produce Markets
Butter (wholesale)—No. 1, 49@50c; No.
2, 47@48c. Butterfat— 48c.
Cheese (wholesale selling price per
found)— American loaf. 35c; pimento ioaf.
7c; Wisconsin firsts. 27c; Longhorn. 26c;
New York limoet-ger. 30c.
Strictly fresh eggs, loss off. delivered in
Indianapolis. 38c: for graded eggs, No. 1,
44c; No. 2. 35c; No. 3.25 c.
Poultry (buying prices) Hens 25c;
springers. He. Leghorn springers 20r
Leghorn hens. 20c; 1929 Leghorn broilers,
1 % to 2 lbs.. 24c; old roosters, large. 126i
15c; small. 10@15c; ducks. 12c; small. 10®
12c: spring guineas, 30c; turkeys. No. 1
young toms. 35c: No. 1 old toms. 22®23c
No. 2 old hens. 25@30c.
By United Pres* . .
CHICAGO, Oct. 4.— Eggs—Market steady;
receipts. 5,567 cases; extra firsts, 39%c;
firsts, 38%c, ordinaries, 32@36c: seconds,
2i@3oc. Butter Market, firmer; re
ceipts, 7,468 tubs; extras, 44c; extra firsts,
424(43c; firsts. 39%@41c- seconds, 37®
38 Vic; standards, 43%c. Poultry—Market,
weak; receipts, 5 cars; fowls, 204326 c;
springers, 20@23%c; Leghorns, 18@19c;
ducks, 17® 19c; geese, 20c; roosters, 20c.
Cheese —Twins, 22%@22%c; young Amer
icas, 24V : >c. Potatoes —On track, 313; ar
rivals, 95; shipments, 1,266; market,
steady: Wisconsin sacked, round whites,
northern section, $2.33432.45; central sec
tion $2.2043 2.35; Minnesota and North
Dakota Red River Ohios, $1.90@2.10; Idaho
Russets best, $2.63@2.85, some as low as
$2.40,
Ba United Press
YORK. Oct. 4.—Flour—Dull and
lower' spring patents, $6.400r6.90. Pork—
Quet. Mess—s29.so. Lard—Firmer. Middle
West Spot—[e-mail]. Tallow—Weak:
special to extra 8%4(8%c. Potatoes-
Steady: Long Island, $2,504(6.25; Jersey.
$1.75® 3.75: Maine. $3.2543 5. Sweet
Potatoes—Firm; southern baskets, sl.lo®
1.25; southern barrels, s3@3 50; Jersey.
$1,254? 1.75. Dressed Poultry ,Quiet;
turkeys, 34@60c; chickens. 254(40c: fowls.
2943 36c; ducks. 184(23c: ducks, Long
Island. 224326 c. Live Poultry—Steady;
geese. 13@22c: ducks. 164(30c; fowls. 206 (
34c- turkeys. 40@50c; roosters, 174318 c;
chickens, 2047 32c; broilers. 20® 35c.
Cheese—Firm: state whole milk, fancy to
special. 27%4?29%c; Young America. 24%
43 29c.
In the Stock Market
(Bv Thomson & McKinnon)
NEW YORK. Oct. 4.—lt was ouite
natural todav to anticipate a halt in the
market’s downward progress and some
moderate recovery after the severe break
of Thursday, and while this idea proved
correct, nothing was accomplished in
strengthening in anv manner the ;mder
lving market structure, which still re
mains In a decidedly weakened condition.
Many reasons have been advanced for
the lately declining prices. These are in
teresting as topics of conversation, but
when the facts are viewed dispassionately,
the reason which stands out most clearlv
Is a virtual exhaustion of purchasing power
and available credits. This condition still
Is with us. . ~ ...
The loans statements tell us that correc
tion Is not vet in evidence. Thev tell us
further that public holding of securities
In marginal accounts are greater than
thev have ever bee nand that monev re
cently employed bv large Interests In car
rying securities on cash basis now is being
loaned on call. , , .
Today's rallv was largely at the expense
of shorts. Not onlv does it carry no con
viction of stabilitv. but it suggests a
further technical weakening of the market.
Until the loans statement diseases I'—'l
- In Important volume, such ralllss
as we have had todav should, tn our
opinion, be used onlv to reduce security
holdings.
Traveler Robbed
BRAZIL, Ind., Oct. 4*— Officers
here today were searching for lour
young men who Thursday night
held up and robbed Colonel C. Hee
ton. Butler, Pa., of $450. A young
women and her mother with Hee
ton, were robbed of a small amount
of money and a $75 diamond.
WHEAT PRICES
HELD FIRM BY
SHORT COVERING
Corn Makes Good Advance,
but Only Slight Gain Is
Shown in Oats.
BY WILLIAM P. M’KENNA
United Press Staff Correspondent
CHICAGO, Oct. 4.—Short cover
ing he;a wheat prices firm through
the stock market slump today, and
when securities trading took on a
better tone the grain futures fin
ished considerably higher for the
session.
Canaaian reports indicated there
would be no rush to dispose of that
country’s wheat at present levels.
Corn made good advances in the
final trade, but oats w r ere only a
trifle higher. f
At the close, wheat was % cent
to 1 cent higher, corn was up %
cent to 1 cent, and oats were Vs cent
to !i cent higher. Provisions were
somewhat firmer.
There was no change in the do
mestic wheat situation, and when
Liverpool did not show as large de
clines as expected, prices on the
Board of Trade opened only slightiy
lower, in spite of the more bearisn
sentiment among Chicago traders.
New York reported only a moder
ate export demand, with hard
wheat getting no attention. Traders
maintained a waiting attitude most
of the session. Cash prices were un
chnatua. Receipts were 65 cars.
There was no pressure on corn
during the morning, but no impor
tant advances were made in the list
less trade. Buenos Aires was higher
at mid-sesssion here, and at that
point the market woke up slightly.
Cash prices were unchanged. Re
ceipts were 97 cars.
Oats were just a little duller than
on Thursday and there was no fea
ture in the morning’s trade. Cash
prices were unchanged to 1 cent
lower. Receipts were 110 car.
Chicago Grain Table
Bn United Pres*
Oct 2 -
WHEAT- Prev.
Open. High. Low. Close, close.
Dec... 1.32% 1.33% 1.32'/* 1.33'/* 1.33
Mar.. 1.39 % 1.40% 1.39% 1.40V* 1.39%
Mav.. 1.42% 1.443/* 1.42V* 1.44% 1.43%
CORN—
Dec... .96% .97% .96 .97% .96%
Mar.. 1.00% 1.013% i ,00’/a
Mav.. 1.03% 1.04V* 1.03 1.04 1.03’/*
OATS—
Dec... .53 .53'/* .53 .53% .53%
Mar.. .55% .55% .55'/* .55% .55%
Mav.. .57% .57% .56% .57% .57
RYE—
Dec... 1.08% 1.09% 1.07% 1.08% 1.08%
Mar.. 1.13% 1.14% 1.12% 1.13% 1.13%
Mav.. 1.15 1.16% 1.15 1.153% 1,15%
LARD—
Oct.. 11.30 11.30 11.20 11.25 11.22
Dec.. 11.40 11.45 11.32 11.40 11.35
Jan.. 11.90 11.90 11.80 11.85 11.80
RIBS—
Oct., no sales 11.50 11.50
BELLIES—
Oct.. 11.45 nominal 11.45 11.25
Nov.. 11.40 nominal 11.40 11.40
Bn Time* Foecial
CHICAGO. Oct. 4.—Carlots: Wheat, 43;
corn. 131: oats. 75: rye. 11 ad barley. 24.
TOLEDO. Ohio. Oct. 4.—Cash grain close:
Wheat—No. 2 red. $1.31%4(1.326. Corn-
No. 2 yellow. $1.05@1.06. Rye—No. 2. $1.07.
Oats —No. 2 white, old. 57%4?58%a: No. 2
white .new. 53%@54%c. Barley—No. 2. 70c.
Clover—Domestic, cash, old $11.75. Cash
—New. $11.75; October. $11.75: December,
$12.50; December, choice, sl2.ss; February,
choice. $12.35: imported, cash. old. sll.
Timothy—Cash, old $2.50: December. $2.95;
March. 13.10. Alslkve —Cash. o'.d. $10.85;
cash. new. $10.85: October. $10.85: Decem
ber. $11.05; March. $11.40. Butter—46®sic.
Eggs—3B43:4oc. Hay—sl.2o cwt.
CHICAGO. Oct. 4.—Cash grain close:
Wheat—No. 2 hard, $1 29V*; No. 1 North
ern. $1.29%: No. 2, sl.29'A: No. 2 yellow
hard. $1.28% 4/1.29V*. Corn—No. 2 mixed.
98%4?99c; No. 3,98 c; No. 4,98 c. Corn-
No. 1 yellow, 994;99%c; No. 2, 99((i99%c;
No. 6,'97%c; No. 1 white. $1.01; No. 2,
$l.O0 3 /*c. Oats —No. 2 white. 50@50%c;
No. 3 48%4/49%c; No. 4, 48 @4B Vic. Rye
—No. 1. $1.07'//. Bariev. 62 43 72c. Timothy,
$4.50(5:5.30. Clover—sl24(2o.
Bn Time* Special
CHICAGO. Oct. 4.—Primary receipts:
Wheat. 1,291,000 against 3.152.000; corn.
469.000 against 333,000; oats 668.000
against 624.000. Shipments—Wheat. 2,161.-
000 against 1,374.000: corn. 376.000 against
332,0C0: oats. 564.000 against 265 000.,
Cash Grain
The bids for car lots of grain at the
call of the Indianapolis Board of Trade,
f. 0. b. shipping point, basis 41%c New
Y °Whe r a a t—Steady; No. 2 red. (1.22® 1.24:
No. 2 hard. $1.17@1.19.
Corn—No. 2 white. 93%4?94%c; No. 3
white 92%@93%c: No. 2 yellow, 92%4?
93%c: No. 3 vellow. 91%<592%c; No. 2
mixed. 9lV*4(92Vic; No. 3 mixed. 90Vi&
91 Vic.
Oats—No. 2 white. 46@47c: No. 3 white,
45® 46c.
Hay—Steadv: No. 1 timothy. $15,504(16:
No. 2 timothy. $1543.15.50: No. 1 light clover
mixed. $14.50® 15. „ , . ,
Wheat—No. 3 red. 3 cars: No. 4 red. 1
car: No. 2 mixed i car: No. 4 mixed, 1
car. Total. 6 cars.
Corn—No. 1 white. 3 cars: No. 2 white.
5 cars: No. 1 vellow. 21 cars; No. 2 yUow,
8 cars: No. 1 mixed. 1 car: No. 2 mixed.
1 car. Total. 39 cars.
Oats—No. 2 white. 4 cars; No. 3 white.
5 cars: No. 4 white. 2 cars; No. 1 mixed,
1 car: No. 4 mixed. 1 car. Total 13 cars.
Indianapolis Stocks
—Oct. 4
Bid. Ask.
American Central L Ins C0....800 ...
“Belt R R & Yds Cos com 61 64%
‘Belt R R & Yds Cos pid 55 60
Belt R R & Yds Cos pfd 108% ...
Botb’s Merrill 34% 36%
Central Ind Power Cos pfd .... 97
Circle Theater 108
Cities Serv Cos com 60
Cities Serv Cos pfd 94
Citizens Gas Cos com 33 ...
citizens Gas Cos pfd 95 101
Commonwealth L Cos Dfd 100
Eaultable Se- Cos com ...
Hook Drug Cos com 44% ...
Horuff Shoe Coro com 15
Ind Hotel Cos Clavpool c0m..775
Ind Hotel Cos pfd 100
Ind Serv Coro nfd 80 ...
Indpls Gas Cos com 59 62%
Indpls & Norwtn Tr Cos pfd... 8 ...
•Indpls P and L pfd 100% 153
Indpls Pu Wei L Assn com... 51 52%
Indpls St. R R Cos pfd 29 30%
Indpls Wa Cos Dfd 98 102
•Inter Pub Ssr pd li pfd 100 104
Inter Pub Ser 6s ... 88 93
Merchants Pub Util Cos pfd..loo ...
•Metro Loan Cos ,••■•96 101
•Northern Ind Pub S G Dfd 75102% ...
•Northern Ind Pub 8 C pfd... 92 100
‘Pros'Laundrv Cos com ...... 50 52 h
E Rauh & Sons Fert Cos pfd.. 50
Real Silk Hosiery Cos pfd 98 ...
Standard Oil of Ind . 53% ...
T H Indpls &Tr Cos nfd .... 9
T H Trac & L Cos ufd 80 ...
Union Title Cos com 44 51
V Camp Prod Cos Ist pfd 95 100
V Camp Prod Cos Pfd 92 ...
Shareholders Invest Cos 27 28 A
•Ex-dividend. _ .
—Bonds—
Bid. Ask.
Belt R & S Y CO 4s 85
Broad Ripple Trac Cos 5s .... £0
Cent Ind Gas Cos 5s 97 ...
Central Ind Power Cos 6s 92 95
Chi S B & N Ind Ry Ist 55... .. ...
Citizens Gas Cos 5s 99 100
Citizens Street Railroad 55.... 67
Gary St Ry Ist 5s 78
Home T & I of Ft Wayne 6s. 101
Indiana Hotel Cos 5s . 98 ...
Ind Northern Trac Cos 55...... 3 5
Ind Railway and Light Cos 55.. 95
Indiana Service Corp 5s .. ...
Indpls Power and Light Cos ... 94 96
Indiana Union Trac Cos 5s .. x . 3
Indols Col & Trac 5s 97 ...
Indianapolis Gas Cos 5s ...... 96 98%
Tndpls * Martinsville T Cos 5s 15
Indpls No Trac Cos 5s 10 14
Indpls & W Trac Cos 5s 15 ...
Indpls Street Ry 4s 52 55
T ndpis U Rv 5s J 1965 A 3 .. 98%
Indpls Trac & Terminal Cos 5s 92 95
Indpls Water Cos 5%s 1953... 100
Indnls Water Cos 5%s 1954..100
Indpls Water Cos lien <ss ref 5s 92 ...
Indols Water Cos 4%s 90 95%
Indpls Water Works Sec Cos.. 82 86
Indpls Water Cos 4%s 91
Interstate Pub Serv 6%s .... 80
Interstate Public Service Cos 5s 93
No Ind Pub Service Cos 5s .... 91 ...
No Ir.d Te’egh Cos 6s 1931 97 99%
T H cSt E Trac Cos 5s • • ...
•r h Tree and light Cos 5s .. 86 91
Union Trac of Ind 6s 13
—Sales—
Sltlzens St Railroad, 1 bond 0 >B7
Dial Twisters
WLW (700), CINCINNATI
Saturday
P M.
4 00—Secretary Hawkins.
4:3o—Polly and Anna.
5 00—The Cincinnati Club orchestra.
5 30 —Gold Spot pais 'NBC'.
6 00—Little jack Little.
6:ls—Tonv's scran book
6.3o—Seth Parker's old fashioned singing
school.
7:00—Blue Ridge mountaineer*.
7:3o—Marvin (NBC'.
B:oo—Historical highlights.
8 30—Gene. Ford and Glenn.
9:00 Enna Jettick dance.
10 00—Amos 'n Andy (NBC).
10:15 —The Honoluluans.
10 30—The Cincinnati Club orchestra.
11 00—Gene. Ford and Glenn.
11:30—Little Jack Little.
WLW (700) CINCINNATI
—Sunday—
AM. _ ,
8:30 —Church school.
9 35—Services from Concordia Lutheran
church.
P M
i:00 Roxv svmnhonv orchestra. (NBC*.
2 00—Baseball game: Cincinnati vs.
St. Louis Cardinals.
3-30—Organ recital bv Charles Melvin
Giilick.
4:oo—Sor.es rt Twilight.
5:30 —Twilight reveries.
s:3o—Benrus time announcement.
7:3o—Whittal Anglo Persians.
6 00—Weather announcements.
6:oo—Cliff Burns and his Hotel Gibson
orchestra.
6:3o—At the Baldwin.
7:oo—Enna Jettick melodies.
7:ls—Colliers hour.
B:ls—Hvmn time.
B:3o—Selbv Svmnhonv hour.
9:3o—Weather announcements.
o:3o—Cino singers.
10:00—PeDsodent Amos 'n Andy.
10:15—Musicsie novelcsquc.
11:00—Little Jack Little.
Saturday
—7 P. M.—
NBC System—Chicago Celebrities to
KDKA. „ .
WMAO (670). Chicago—Drs. Pratt and
Sherman.
—7:25 P. M.—
WMAO (670). Chicago—Photologue. Gover
nor Emmerson.
—7:30 P. M.—
NBC System—Nat'l. Laundry Owners' pro
gram to WGY.
Columbia Network—The Romancers WFBM.
NBC System—Marv'r Musicians to KYW.
—7:50 P. M.—
WON (720). Chicago—Goldkctte's orches
tra.
—8 P. M.—
WBBM (770). Chicago—Concert orchestra.
NBC System—Nathaniel Shilkret's G. E.
Concert to WGY. WLS.
NBC System—Greater Chicago Band to
KYW. KDKA.
WGN 1720). Chicago—''Prohibition Kill
ings” drama.
Columbia Network — Joe and Vi to
WMAO. WFBM.
—8:30 P. M.—
KYW (1020). Chicago—Orchestra concert.
WBBM (770). Chicago—Popular program.
Columbia Network—Hqnrv Hadlev and
Svmnhonv to WMAQ.
WGN (720). Chicago—Goldkette s orches
tra.
NBC System—El Tango Romantico.
—9 P. M
KYW (1020). Chicago—Events: dance mu-
NBC ’ System—Rolfe’s Luckv Strike dance
orchestra to WGN. WHAS.
NBC Bvstem —Radio guild.
Columbia Network—Paramount Publlx
hour to WBBM WFBM.
—9:30 P. M.—
Columbia Network—Jesse Crawford hour
WFBM.
Columbia Network —Lombardo’s orchestra
to WFBM.
WGY (790). Schenectady—Program to Com
mander Bvrd.
WGN (720). Chicago—Tomorrow’s Trib.
NBC System—Amos 'n' Andy to KDKA.
KYW.
—10:10 P. M.—
WGN (720) Chicago—Hungry Five.
—10:15 P. M.—
KYW (1020). Chicago—Dance music.
—10:20 P. M.—
KDKA (980). Pittsburgh—Far North mes
sages.
WGN (720). Chicago—Goldkette's orches
tra: Nighthawks.
—ll P. M.—
WGN (720), Chicago—Dream ship: Gold
kette’s orchestra.
—11:15 P. M.—
KYW (1020). Chicago—Dance orchestra.
—11:20 P. M
WMAQ (670), Chicago—Dance music (four
hours.)
—l2 P. M.—
KYW (1020), Chicago—Dance music.
WBBM (770). Chicago—Wce.n's and Ed
wards orchestra.
WENR (870). Chicago—Vaudeville.
WGN (7201, Chicago—Knights of the
Bath (two hours).
Sunday
—7 P. M.—
V/GN (720). Chicago—Pat Barnes: concert
ensemble.
NBC System—Enna Jettick mixed quartet,
KDKA. WLW.
—7:15 P. M.— .
NBC System—Collier's hour. KYW. KDKA.
—7:30 P. M.—
Columbia Network—Kahn's Sonatrons
WBBM. WFBM.
N3C System—ChoraJ orchestra to WGY.
WSAI.
WMAQ (670). Chicago—Concert orchestra.
-8 P. M.—
Columbia Network—Wendell Hall’s Majes
tic music makers WBBM. WFBM.
NBC System—" Our Government” WHAS.
WGY.
WENR (870). Chicago—Recital.
—8:15 P. M.—
NBC System—Atwater Kent concert to
WGY. WGN. WSAI.
NBC System—"Parisienne Romance” to
KDKA, KYW.
—8:45 P. M.—
NBC System—Fuller mau KDKA. KYW.
WGN (720). Chicago—Recital.
NBC System—Bible Drama. WGY.
—9 P. M.—
Columbia Network—Arabesque. WBBM.
WBBM (770). Chicago—Ted Weems’ orches
tra.
WENR (870). Chicago—Symphony concert.
WMAQ (670). Chicago—Pianist; Auld
Sandy.
—9:15 P. M.—
NBC Svstem—Jean Goldkette's Studebaker
Champions WGY. WGN.
WLW (700). Cincinnati—Musical program.
—9:30 P. M.—
Columbia Network—Russian music to
WMAQ.
—9:45 P. M.—
KYW (1020). Chicago—Week-end party.
NBC System—At Seth Parkers to WHAS.
WGN (720). Chicago—Pullman Porters.
—lO P. M.—
Columbia Network—Coral Islanders to
WFBM.
WGN (720). Chicago—Tomorrow's Trib.
NBC System—Amos ‘n’ Andy to WMAQ.
KDKA.
—10.15 P. M.—
KYW (10201. Chicago—News: dance mu
sic.
NBC System—Russian Cathedra! choir.
WGN (720), Chicago—Tenor: WGN svm
phonv.
REDEMPTION NOTICE
TO THE HOLDERS OF THE PREFERRED STOCK OF GEN
ERAL UTILITIES COMPANY, AN INDIANA CORPORATION.
Notice is hereby given (hat, pursuant to the provisions of the Article*
of Incorporation of General Utilities Company, an Indiana corporation,
the company has elected to redeem and retire, on the I.7th day of No
vember, 1923, all of the shares of the preferred stoek of said Gneral
Utilities Company now outstanding, by the payment to the holders there
of of an amount in cash equal to 101% of the par value thereof and
all dividends accrued to the date of redemption, upon presentation and
surrender for cancellation, at the office of The Peoples State Hank, in
the city of Indianapolis, Indiana, of the certificates representing the shares
of said preferred stock properly endorsed
Pursuant to the provisions of resolutions adopted by the stockholders
and directors of said General Utilities Company, the company will depost
with said The People 14tate Bank of Inidanapolis, Indiana, before the
loth day of November, 1929, the funds necessary to effect the redemption
of such stock, and no dividends shall accrue on the said preferred stock
from and after November 15, 1929. and the holders of such preferred
stock shall not be entitled after November 13, 1929. to receive any divi
dends thereon or to exercise any other rights and privilege* as holder*
thereof, but shall be entitled only to receive, from the funds so deposited
with said The Peoples State Bank of Indianapolis. Indiana, the amount
or amounts to which the holders of such stock shall be entitled upon the
surrender for cancellation as aforesaid of the certificates representing
such stock properly endorsed.
Dated at Indianapolis, Indiana, this sth day of October. 1929.
GENERAL UTILITIES COMPANY
(an Indiana corporation)
By B. P. Shearon, Secretary.
Thomson & McKinnon
INDLANAPOLIS CHICAGO NEW YORK
MEMBERS
New York Stoek Exchange Chicago Stock Exchange
New York Cotton Exchange Chicago Board of Trade
New York Curb Association
300 Fletcher American Bank Bldg.
Telephone Lincoln 5501
PAGE 13
—10:30 P. M.—
Columbia Network—Choral Reverie* to
WFBM.
WENR (870 1 . Chicago—Air vaudeville.
WMAO i7oi. Chicago- The Bible, concert
orchestra.
—l2 P. M.—
WBBM (770). Chicago—Nutty Club.
City Stations
WFBM (1230) INDIANAPOLIS
Indianapolia Power and Light Company
—Saturday—
P M
4:3o—Week-Enders.
s:oo—Musical vespers.
s:3o—Harold Stern's Ambassador orches
tra.
s:ss—Vonnegut’s football scores.
6:oo—lrish and Gordon piano duo.
6:ls—Golden Jubilee hour.
7:oO—Nit Wit hour.
7:3o—The Romancers.
8:00—Mr and Mrs.
9:OO—WFBM salon music.
9:00 Paramount-Publix radio hour.
10:00 to =l:oo—Silent.
11:00—Longine's time by Julius C. Walk
& Son; weather.
11:01—The Columnist.
11:15—Atop the Indiana roof.
WFBM (1230) INDIANAPOLIS
Indianapolis Power and light Company.
—Sunday—
A. M.
9:3o—Christian Men Builders,
10:30 A. M. to 12:15—(Silent!.
P. M.
12:15—Dcssa Bvrd organ recital.
12:45 to 2:oo—(Silent.)
2:oo—Symphonic hour.
S:oo—Cathedral hour.
4:00 to 4:3o—(Silent.)
4:3d—The Rev. Donald Grev Barnhouae.
5:00 Stutz Hour of Music.
6:00 to 6:3o—(Silent.)
6:3o—French trio.
6:4s—Dr. Julius Klein, world's business.
7:oo—LaPalinn Rhapsodizers.
7:3o—Sonatron program.
■ B:oo—Majestic theatre of the air.
9:oo—Arabesque.
| 9:3o—Around the Samovar.
I 10:00—Coral Islanders.
| 10:30—Choral reverie.
11:00—Atop the Indiana roof.
, W'KBF (1400) INDIANAPOLIS
(Indianapolis Broadcasting Company)
—Saturday—
P. M.
s:oo—lndianapolis News flashes.
s:3o—Close of the day music.
o:oo—Questions and answers.
7:oo—Kruse Radio Company.
7:3o—General Motor Service sport* re
view.
B:3o—Unde Sid's Brown Countv revala.
10:30—Indianapolis Athletic Club.
11:30—Off.
WKBF (1400) INDIANAPOLIS
Indianapolis Broadcasting Company
—Sunday—
A. M.
7:oo—Early Risers.
B:oo—Entertainment plus.
B:3o—Stewart-Warner Sunshine hour.
9:oo—Watchtower chain program.
10:00—Off.
P. M.
2:ls—Herron art institute.
2:3o—Marott trio.
3:3o—Brunswick half hour.
6:3o—lndianapolis Athletic Club
7:oo—First Presbyterian chuich.
Day Programs
WKBF (1400). INDIANAPOLIS
Indianapolis Broadcasting Company
—Monday—
A. M.
7:00—3 V's Cheer leaders.
7:ls—Church federation morning worship.
7:4s—Earlv shoppers news, music.
7:ss—Your blrthflav horoscope.
B:ls—Two new words for you.
B:3o—Crescent paper. Freed radio frolic.
9:10 —Candv contest.
9:4s—Standard nut booking chat.
10:00—Josephine Aumann organ recital.
10:30—Weather forecast markets.
10:35—Marion countv agricultural talk.
10:45—As vou like it.
11:50—Uncle Sam at your service.
P. M.
12:00—Time signals.
12:15—Music with vour luncheon.
1:00—"Ask Ella Jud.”
4:oo—Classical records.
WLW (700). CINCINNATI
—Monday—
A. M.
7:3o—Top o’ the morning.
6:30 —Organ program by Arthur Chand
ler Jr.
7:oo—Absorbine Jr. exercise program.
7:30 Devotions: Dad Kershner. Y. M.
9:oo—Crosley woman's hour with musi
caie.
9:oo—Orpheus trio.
9:3o—Live stock reports.
9:4o—Contributed poems.
10:00—Modes and moderns.
11:30—Weather, river, market and police
reports.
10:55—Time signals.
11:00—Organ program bv Pat Giilick.
11:30 Cliff Burns and his Hotel Gibson
orchestra.
11:50—Live stock reports.
P. M. J
12:00—Noon—National farm and home
period.
12:45—Town and country.
I:oo—Central states school of the ir.
2.00—" All Quiet on the Western Front.”
2:ls—The matinee players.
2:4s—Women's Radio Club.
3:oo—Ted deTurk.
3:ls—World book man.
3:3o—Hank Kerch, the banlokester,
3:4s—Rhvme Reaper.
Marriage Licenses
Clyde H. Thompson. 25, of Spencer hotel,
engineer, and Helen A. T. Cook, 23, of
830 North Canitol. _ . ,
Gilbert A. Dlngman, 40, of Linden hotel,
surveyor, and Goldie E Rogers, 39, of
311 East St. Clair, seamstress.
Parker M West. 34, of Chicago, account
ant. and Clarisse F. Dipple, 25, of 4265
College.
INTERNATIONAL PAPER
and POWER COMPANY
Boston* Mass. Sept. 11th* 1929.
The Board of Directors declared a rega
lar quarterly dividend of one and three
quarters per cent (lh%) on the
Cumulative 7% Preferrea Stock of this
Company, and a regular quarterly divi
dend of one and one-half per cent
on the Cumulative 6% Pre
ferred Stock of this Company, for the
current quarter, payable
1929, to holders of record at the close of
business Sept. 25th, 1929.
Checks to be mailed. Transfer book*
will not close.
R. G. Ladd, Aeet Trs* /.