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The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, October 31, 1929, Home Edition, Second Section, Image 18

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Company’s Stock Soon May
Be Listed on New York
Bv United Pm*
CHICAGO, Oct. 31—Directors of
the Standard Oil Company of In
diana have declared a regular cash
dividend of 62 % cents and an extra
dividend of 25 cents on each share
of capital stock, Edward G. Seu
bert, president of the company, an
nounced today.
The dividends will be paid Dec.
16, 1929, to stockholders of record at
the close of business Nov. 16, 1929.
It also was announced that con
sideration was being given to the
listing of the company’s stock on
the New York Stock Exchange, and
that it Is probable application for
listing will be made at some later
Average Stock Prices
Averse* of twenty industrials for
Wednesday was 258.47. no 2R.40. Average
of twentv rails was 154.25. up 5 60. Aver
age of fortv bonds was 93.52. off .18.
Banks and Exchange
Indianapolis bank clearings Oct. 31,
*4.462,000; for month *112.802.000; debits
M,148,000; for month *222.483,000.
Bv United Press
CHICAGO. Oct. 31.—Bank clearings,
*162,000,000; balances. $28,800,000.
Bv T r vite<t Pres*
NEW YORK. Oct 31.—Bank clearings.
$3,853.000 000; clearing house balance,
*378.000.000; federal reserve bank credit
balance. $292,000,000.
Bv United Prcaa
WASHINGTON. Oct. 31. Treaniry net
balance Oct. 29, *28.910,096.20; customs re
ceipts for the month to the same date
totaled *52.951.854.15.
Local Wagon Wheat
City grain elevator* are paying $1.15 for
No. 1 red wheat and $1.12 for No. 2 hard
On Commission Row
Apple*— Delicious, box extra fancy, $3.75;
fancy. 53.15. choice. $24?2 25: Wealthy.
53.25; Malden Blush. *217:2.25; Jonathans,
$2.75: Grimes Golden $2.75; extra fancy
box. Grimes. $3: New York Duchess. $2.25
t 2 50; Gravensteln. $3: W’olf River, $2.50.
Cranberries—s3.so a 25-lb. box; $7 a 50-
lb. box.
GraDefmlt—Florida. SB.
Grapes—California. seedless. *2.25 a
crate: Malagas. *1.75 a crate: Tokays. *1.75.
Lemons—-California, a crate. *ls.
Limes—Jamacta s2© 2.50.
Oraages—California Valencia. *[email protected]
Peaches—New York. *4 a bu.
Plums —*2.75 Idaho 16-lb. case. *l.
Beans—Green, strlneless. *2.50.
Beets—Home-grown, doz. 40c.
Carrots—Home-grown, doz.. 35c.
Cabbage—S3.so a barrel.
Celery—Michigan. 90c: Idaho. $1.25 a
dozen bunches.
Cauliflower—Colorado crate *1.75.
Corn—Home-grown. [email protected] a dozen.
Cucumbers—Hothouse, a dozen. *1.75.
Eggplant—sl.sosl2 a dozen: [email protected] a
Kale—Spring, a bushel. *l.
Lettuce—California Iceberg, $44|5 a
crate: home-grown leaf a bushel. *l.
Mustard—A bushel. sl.
Onions—lndiana vellow *2.25 a 100-lb.
bag: white. 50-!b. bag. *1.75.
Parsley—Home-grown, doz. bunches. 45c.
Peas —Colorado. $6476.25 a hamper.
Peppers—Home-grown. *1.50 a bushel.
Potatoes—Wisconsin and Minnesota
white. *4.25114.50 a 160-lb. bag; Red River
Ohtos. 120 lbs.. $3.75: Idaho Russets. *3.75.
Radishes—Button, hothouse dozen 90c;
Southern long red. 154i25c dozen.
Sweet potatoes—Virginia Jerseys. *4 a
barrel: $2 a bushel- Indiana Jersevs. *2.25
a bushel: Nancy Halls. $2 a hamper.
Tomatoes—Home-crown a bushels. $2Si
2.50: 15-lb. basket 50c.
Bu United Prrss
CHICAGO, Oct. 31.—Apples per bushel,
$1,501; 2.50.
President Williams Says Business
Conditions Arc Stable
Despite values put on securities by
hypersensitive markets, the earning
power and net assets of basic indus
tries are fundamentally secure, said
O. M. Williams, president of Mar
mon Motor Car Company, at a spe
cial directors’ meeting Wednesday.
His proposal to declare regular
quarterly dividends Wednesday in
stead of waiting until the next reg
ular meeting was accepted, and the
directors voted a $1 per share divi
dend on common stock, payable
Dec. 1 to stockholders of record
Nov. 15.
The three regular dividends so far
this year, including the one just de
clared, constitute 60 per cent of the
company’s earnings during the first
six months of the year.
Payable Dec, 2, to Stock of Record
Nov. 9.
8u United Pres*
NEW YORK. Oct. 30.—Directors
of the American Tobacco Company
today declared an extra dividend of
$2 on the common and Class B com
mon stocks in addition to the reg
ular quarterly dividends of $2 a
share on these issues. Both divi
dends are payable Dec. 2 to stock
of record Nov. 9.
Boatan. Mass. Oct. 9. 1929
The Board of Director* declared a
regular quarterly dividend of sixty
cents (60c) on the Class A Common
Stock of this Company, playable
November 15th, 1929, to stockholders
of record at the close of business
November Ist, 1929. Checks to be
mailed. Transfer books will not close.
R. G. Ladd. Aj/L Trraj.
Thomson & McKinnon
Few York Stock Exchange Chicago Stock Exchange
New York Cotton Exchange Chicago Board of Trade
New York Cnrb Association
300 Fletcher American Bank Bldg.
Telephone Lincoln 5501
American States Public Service Com
pany reports consolidated net earnings
available lor Interest, reserves and divi
dends of 5796.5C5.74 for the year ended
Sept. 30. as compared with *724,841.11 for
the previous year, an increase of 11 per
cent. Gross revenues this year were
51.601.821.69 against *1.541.287.57 last year.
A comparison of earnings for the months
of September shows *82.029.03 for Sep
tember this year against *70.911.10 last
year. Total assets of the company, ac
cording to the consolidated financial con
dition of Sept. 30. were *15,469.594.71.
Consolidation of two of the largest
ehafn store STSlems in the country, the
r. & w. Grand .WU-SO-cent stores,
Inc., and Isaac Silver and Bros., Inc.,
was approved today by both boards of
directors. This will create the largest
system of Us kind In the country, hav
ing a total of 140 stores In operation
and doing a gross business of *81,000,(810
annually. Announcement of the merger
was made todav in a joint statement
made by Adolph F. htone, president of
A. & W. Grand Stores, and Noble Cran
dall of George 11. Purr & Cos., bank
ers for both organisations. Ihe mer
ger is the llrst consummated In inis
neld In a number of years.
Steadily Increasing volume and very
much lower operating expenses have
enabled Container Corporation of Amer
jea to overcome In recent months the
critical competitive situation existing in
the box board industry and the latest of
ficial statements of earnings Indicate that
the situation, in so far as this company
is concerned, has taken a definite turn
for the better. Since the first quarter
of this year of 1929. the corporation’s
profit ratio has been returning rapidly to
normal and the outlook for the next
twelve months is considered bright.
The annual emigration of thousand*
of big California enrysantwemums to
Ihe markets of the east ha* begun, It
was reported today by the Southern
Pacific railroad, which ha* contracted
to transport more than 200 rerrigerated
cars of •'mums’ and other seasonal Mow
er* this tall. !Bc value or the Huge
"bouquet'' to be carried by this one
railroad Is estimated at S7.lKMJ.ihhi. Most
of the flower* are shipped annually from
San Vlateo county, directly south ol
San Francisco.
Industrial Brownhoist Corporation has
offered to preferred and common stock
holders the right to subscribe at par to
a $500,000 issue of 7 per cent convertible
three-year gold notes, dated Nov. 1. 1929,
and convertible at any time before matur
ity into common stock of the company at
S2O a share. In the event that stock
holders do not fully subscribe the Issue,
the remainder of the notes will be offered
In exchange for Industrial Works 7 per
cent notes, maturing on Nov. 1. 1929, and
now an obligation of Industrial Brown
National American Securities Com
pany, Inc., i ottering the sixtv of a
serifs of SI,IHBt,IMIO Realty Foundation.
Inc. Investment Trust Guaranteed 6 per
cent secured gold bonds. these bonds
will be primarily secured by deposit with
the Bank on the Manhattan Company of
*1. 1881,(810 diversified short term mort
gages on Improved real estate located in
New iork city and vicinity and J.MHI.IHHI
in cash. The latter Item represents an
Investment trust fund and may be In
vested by the company in diversified,
marketable securities, in respect of
which bondholders will be entitled to
participate annually- in Income and
profit through detachable investment
trust dividend warrants, in addition to
the regular 6 per cent interests.
Anew form of A. B. A. travel cheque,
redesigned to embody the latest improve
ments in engraving science and reduced
to the size of the new United States cur
rency. has been adopted by the American
Bankers Association and Bankers Trust
Company of New''York, its agent in issu
ing the cheques, it was announced today.
The changes were authorized at thf meet
ing of the American Bankers Association
in San Francisco last month and the work
of producing the new cheques is now un
der way.
Produce Markets
Eggs—Country run. loss off delivered in
Indianapolis, 38c: hennery quality, 50c;
No. 1. 40c; No. 2. 30c.
Poultry (buving prieps) —Hens, weighing
4 1 2 ibs. or over. 21® 22c: under 4*4 lbs.
20c: Leghorn hens. 18c: roasting chickens.
4'/j lbs. or over. 22c: soringers under 4Vi
lbs.. 20c; springers over 4’j lbs.. [email protected];
Leghorn springers. 15®16c: old cocks.
12®14c. Young turkey hens (must be
fat) 30c: young toms. 28c: old hens. 24c;
old toms. 20c. Ducks (full feathered) 12c.
Geese (full feathered) 10c. Guinears, 30c.
These prices are for No. 7 top auality
Indianapolis 38c: hennery quality. 48c:
poultry, quoted by Kingan & Cos.
Butter (wholesale)—No. 1. 48®49c: No.
2. 46®47c. Butterfat—44c.
Cheese (wholesale selling price per
pound)—American loaf. 35c: pimento loaf.
37c: Wisconsin firsts. 27c: Longhorn. 27c:
New York iimberger. 30c.
Bv United Press
NEW YORK. Oct. 31.—Flour—Quiet and
steady: spring patents. $6,254/6.75. Pork-
Dull; mess. $28.56. Lard—Steady: middle
west spot. $10.90® 11. Tallow—Easier: spe
cial to extra. 7Ts®B’sc. Potatoes—Quiet
and easv: Lone Island $2.85®6.25; Maine.
$4.10®5.25. Sweet potatoes—Quiet: south
ern. baskets, 99c® $1.10: Southern, barrels,
$1.50® 2.50. Dressed poultry—Steady; tur
kevs. 34®48c: chickens. 25®38c: fowls, 20
j 35c: ducks. 18® 23c,: ducks. Long Island.
23® 26c. Live poultry—Steady to firm:
geese. 16®20c: ducks 16®28c: fowls, 15®)
30c: turkeys. 35® 45c: roosters. 19c;
chicken*. 22®. 30c: capons. 32® 34c; broil
er*. 20® 33c. Cheese—Steady: state whole
milk, fancy to special. 2714 c; Young Ameri
ca. 24)4 <a27c.
Bv United Press
CLEVELAND. Oct. 31.—Butter—Extras,
44c: extra firsts, 44©44 1 ,2 C; seconds, 37®
37'/C. Eggs—Extras, 54c; firsts, 44c. Poul
try-Fowls. 28®'30c; medium, 25®27c; Leg
horn, 180 20c; Leghorn broilers. 22®23c;
ducks. 23®25c: old cocks. 18©20c. Pota
toes—Pennsylvania and New York. $4.20
* 4.35 per 150-lb. sack: Maine Greene
Mountain. $4.40®4.65 per 150-lb. sack:
Idaho russet, $3.60® 3.65 per 100-lb. sacks;
home-grown, $1.50®1.75 per bushel sack.
Bn United Press
CHICAGO. Oct. 31.—Eggs— Market
steady; receipts, 3.680 cases; extra firsts,
46047 c; firsts. 44c; ordinaries, 36®38c;
seconds, 28034 c. Butter—Market firmer;
receipts. 5.883 tubs; extras. 41c: extra
firsts. 39 1 2®'40c; firsts. 37®38c: seconds,
36036’ 2c: standards. 40c. Poultry—Mar
ket, weak: receipts, 7 cars; fowls, 22‘ic;
soringers, 22c: Leghorns,'M7’/2C; ducks, 20
®23e; geese. 22c: roosters. 19c. Cheese—
Twins. 22 1 ,2®22 a 4c: young Americas. 24’/2C.
Potatoes—On track, 525; arrivals, 101;
shipments. 647; market, weak; Wisconsin
sacked round whites. $2.25®2.50: Minne
sota and North Dakota sacked round
whites. $2 0 2.25: Minnesota and North
Dakota Red River Ohlos, $2.1562.40:
South Dakota sacked round whites. s2®
2.25; South Dakota Early Obios. $2.20®
2.40; Idaho sacked russets, $2.80®3 10.
Total of $3,853,000,000 Cleared
B:i United Press
NEW YORK, Oct. 31.—Another
new record in total checks cleared
was made Wednesday by the New
York clearing house following the
record stock trading on Tuesday and
A total of $3,853,000,000 in checks
were cleared, compared with the
previous record of $3,500,000 cleared
on Tuesday.
Marriage Licenses
Charles B. Kindred. 26. of 1723 North
Meridian photographer, and Mary E.
Beard. 35, of 1504 North Pennsylvania,
John H. Grass. 34. of South Bend, en
gineer. and Irma M. Smith. 28. of 627
North Pennsylvania.
George H. Paasfield. 24 of New York
Citv. electrician, and Sezanne Schnabel.
20. of 3271 Washington boulevard.
Lawrence E. Kellev. 25. of 2708 Cornell,
exnressman. and Alice Corn. 23. of 1339
North Dearborn.
Herman Skelton. 40 of 1754 Madison,
machinist, ami Thelma S. Burton, 18. of
1818 Woodlawn.
Robert E. O'Neil. 25. of Chicago, news
paperman. and Phoebe J. Farmer. 22. of
124 Fast Thirtv-thlrd.
Cattle Duil and Steady;
Lambs Mostly Weak
to Lower.
;Oct. Bulk. Top. Receipts.
: 24. $9 8541 9.90 *3.90 7,000
I 25. 9.75® 9.85 9.85 10,000
26. 9.65 9.65 6.000
28. 9.60 ® 9.65 9.65 5.000
29. 9 50 9.50 5.000
j 30. 9.65® 9.75 9.75 7.000
31. 9.50 9.50 8 500
The hog market opened 15 to 20
cents lower today at the Union
stockyards. The bulk, 160 to 325
pounds, were selling at $9.50, a few
butchers sold at $9.60 to $9.65. Re
ceipts were estimated at 8,500; hold
overs, 485.
Cattle largely continued as
Wednesday’s prices, with a steady
market. Vealers unchanged, sell
ing at $15.50 down.
Sheep and lambs weak to low
er, with a good and choice grade
of lambs selling at sl2 to $12.50,
all others at $11.50 down.
Chicago hog receipts were 32,000,
including 4,000 directs; holdovers,
7,000. Practically no early sales;
bidding 15 to 25 cents lower than
Wednesday’s average. Two hundred
to 250-pound weights sold at $9.25
to $9.35. Cattle receipts were 7,000;
sheep, 12,000,
Receipts. 8.500: market, steady.
200 lbs. and up $ 9.35® 9.50
250-300 lbs 9.50® 9.65
225-250 lbs 9.50® 9.65
200-225 lbs 9.50® 9.55
160-200 lbs 9.50
130-160 lbs 9.15® 9.35
90-130 lbs 8.50® 9.00
Packing sows 7.50® 8.50
Receipts. 1,000; market, steady.
Beef steers, HOO-1500 lbs., good
and choice $12.00®15.50
Common and medium [email protected]
Beef steers, 1100 lbs. down, good
and choice 12.25® 15.75
Common and medium [email protected]
Keifers, 850 lbs. down, good
and choice [email protected]
Common and medium 11.50®12.00
Cows 8.50® 9.75
Common and medium 6.50® 8.50
Low cutter and cutter 5.50® 6.50
Stockers and feeders steers,
good and choice 9.00®11.50
Common and medium [email protected]
Receipts 700; market, steady.
Medium and choice [email protected]
Cull and common [email protected]
Receipts. 1,300: market, steady.
Lambs, good and choice [email protected]
Common and medium 9.506T2.50
Ewes, medium to choice 3.50® 5.50
Cull and common 1.50® 3.50
Other Livestock
Bv United Press
CHICAGO. Oct. 31.—Hogs—Receipts.
32.000; including 4.500 direct; market
mostly 15®25c lower: top. $9.40: largely.
$9.25®9.30: market on good to choice
butchers. 180-300 lb. weights: desirable,
100-170 lb. weights. *8.75®9.25; butcher,
medium to choice. 250-350 lbs.. *8.50®
9.40: 200-250 lbs.. [email protected]: 160-200 lbs..
s9® 9.40; 130-160 lbs.. *[email protected]: pack
ing sows. $7.50®8.70: pigs, medium to
choice. 90-130 lbs.. [email protected] Cattle-
Receipts, 7,000: calves, receipts. 2.000:
steers, market more active and fully
steady: stocks higher than late Wednesday
when killers cleaned up crop at new low
prices: weighty steers and she stock
market dull and weak: practically top
vearlings. $14.85; slaughter classes, steers,
good and choice. 1300-1500 lbs.. sl2® 15.50:
1100-1300 lbs.. $12.50® 15.75: 950-1100 lbs..
$12.75®16: common and medium. 850 lbs.
up. $8.50® 13: fed yearlings, good and
choice. 750-950 lbs. [email protected]; heifers,
good and choice. 850 lbs. down. $13.50®
15.25; common and medium, $7.50®13.50:
cows, good and choice. $7.75® 10.25; com
mon and medium. $6.25(8)7.75: low cutter
and cutter. $4.75® 6.25: bulls, good and
choice. $11.50014.75: medium. [email protected];
cull and common. s7®ll: Stocker and feed
er steers good and choice, ail weights. *lO
(and 11.50: common and medium. $7.50® 10.
Sheep—Receipts, 12.000: market, opened
around steady: bulk native lambs. $12.25®’
12.50: early top. $12.75: fat ewes, steady,
mostly [email protected]: geedlng lambs, tolerably
steady: lambs, good and choice. 92 lbs.
down'. sl2® 12.75: medium. $10.75® 12: cull
and common $7®10.75: ewes, medium to
choice, 150 lbs. down. $4.25®5.50: cull and
common. $2.25®4.50: feeder lambs, good
and choice. [email protected]
J 5 United Press
EAST BUFFALO. N. Y\. Oct. 31.—Hogs
—Receipts. 1.500: holdovers. 400: active,
mostlv to shippers, generally 10c under
Wednesday’s average: bulk 160-250 lbs.
$10: weighty butchers and mixed offer
ing. $9.75®9.80: 130-150 lbs.. [email protected]:
pigs, downward to $9.25. Cattle—Re
ceipts. 75: cows, unchanged: cut grades.
$4.25®6.75. Calves—Receipts. 100; vealers.
weak to 50c lower: good to choice. $12.75®>
13.25: medium and strong weights, $11.50
@12.50; throwouts. [email protected]
Bv United Press
CINCINNATI. Oct. 31—Hogs—Receipts.
3.000: holdovers. 297: unevenly to 10 to
15 cents lower - bulk good and choice, 100
to 260 lbs.. $5.60®9.75: top freely for un
der 270 lbs.. 120-180 lbs., uneven. $9.25®
9.35 to shippers: packers buying choice.
160-180 lbs.. $9.50: pigs, grounds, 100 lbs.,
auoted $9; sows. $8.25: few. *8.50. Cattle-
Receipts, 800; holdovers. 750: calves 275:
cows, mostly 25c lower: spots on lower
grades 50c off: other cattle about steacy.
A few common and medium steers and
heifers. $7.50® 11.50: bulk beef cows $6.50
® 8.50; low cutter and cutters, mostlv $4.50
®5.50: bulls. [email protected]: veals, steady,
weak, under grade neglected: top. $15.50;
bulk, [email protected] 13.50.
Bn Times Special
LOUISVILLE. Ky.. Oct. 31.—Hogs—Re
ceipts. 600: market, 10® 15c lower; 175-250
lbs., $9.40: 250 lbs. up. $8.85: 130-175 lbs.,
$9; 130 lbs. down $7.65: roughs. $7.50;
stags. $6.90. Cattle—Receipts. 400: market,
steady to unevenly lower: prime heavy
steers. $11®12.50: heavy shipping steers.
s9® 11: medium and plain steers. $7.50®
8.50: fat heifers. $7®10.50: good to choice
cows. $6,506:7.75: medium to good cows.
55.5056.50: cutters. $5.25®5.50: canners.
$4.50® 4.75: bulls. $5.5088: feeders sß®
10.50: Stockers. s7®lo. Calves—Receipts.
200: market, steady; fanev calves. sl3;
good to choice. [email protected]: medium to
good. s7®9: $7 down. Sheep—Receipts.
100; market, steady: ewes and wethers.
$11.50: buck lambs. *10.50; seconds. *s®7;
sheep *4® 5. Wednesday's shipments: Cat
tle. 135; calves. 294; hogs, none: sheep,
Bv United Prr"sl
FT. WAYNE. Ind.. Oct. 31.—Calves—Re
ceipts. 50: hogs. 500; sheep. 300; hogs,
market, steadv to 20c o: 90-110 lbs.. *8.50:
110-140 lbs. *8.75: 140-160 lbs.. *9: 160-
200 lbs.. *9.25- 200-225 lbs.. *9.35: 225-250
lbs.. $9.20: 250-300 lbs.. $9.15: 300-350 lbs..
$9: roughs, $7.75; stags. $6: calves. $15.50;
lambs. $11.50.
Bv United Press
CLEVELAND. Oct. 31.—Hogs—Receipts.
2.000: holdovers 30: steadv to 10c lower;
170-250 lbs.. $9.65: light lights. $9.40; pigs,
down to $9.25: sows. sß® 8.25: stags, *6.25
Cattle—Receipts. 400: holdovers. 200: com
monsteers. very slow: catch as catch can
trade. $lO.lO downward: ewes. slo.so'f? 11;
cows, slow about steadv. Calves—Receipts.
300: draggr uneven, around steadv: me
diums vealers. *J2®14.50: few better
grades. sl6® 17: culls, down to $9 and
under. Sheep—Receipt*. 2.600: Gtnbs.
steadv to weak: spots. 25c lower: bulk, sl3
013.25: medium throwouts. slo® 11: fat
ewes steady. ss® 6.
William and Nora Howard, 836 South
Belle Vieu Place.
Martin and Mary Walpole, St. Vin
cent's hospital.
Willard and Freda Brandt, 1115 North
Irving and Fan Gould, St. Vincent's hos
John and Irene Hill. St. Vincent's hos
Donaldson and Almeda Trone. St. Vin
cent’s hospital.
Lizzie B. Johnston, 69, Methodist hos
pital. chronic myocarditis.
Leona Hundley. 9. Rilev hospital, men
Clara Holleman. 67, 5139 North Capitol,
chronic myocarditis.
Ruby Ferrell. 28. City hospital, car
Louis E. Champion, 23. city hospital,
cerebral hemorrhage.
Esther J. Drake. 53. Methodist hospital,
genera! septicaemia.
Ferdinand Hayes. 53, 1516 North Hard
Dorothy Bryson, * months, 524 Myrtle,
The City
in Brief
Former Secretary of State Fred
i crick E. Schortemeier and Chief
! Robert T. Humes of the state police
I addressed a joint session of the In
j diana Railroad Police Association
' and the Ohio Special Agents and
Railroad Police Association at the
, Severin Tuesday. About forty at
tended. W. T. Spitler. chief of the
Monon police, presided.
God has placed at man's service
unlimited reserve power and expects
him to use it, Dr. William P. Dear
ing, president of Oakland City col
lege, told members of the Bible In
vestigation Club at its twenty-sixth
homecoming Wednesday night. An
old-fashioned bean , supper was
Dr. William A. Telfer, member of
the De Pauw university faculty, will
tell alumni of Phi Kappa Psi
fraternity, of student days* in Ox
ford college, England, at the or
ganization’s November dinner Fri
day night at the Spink-Arms. r
Butler university freshman class
officers elected Wednesday were:
Edward Campbell, president; Miss
Mariadna Colburn, vice-president;
Miss Mary Lou. Thomas, secretary,
and Richard Spencer, treasurer.
The Indianapolis Business and
Professional Women's Club tonight
will hear Lean R. G. McCutchan, oi
the music faculty of De Pauw uni
versity, in a lecture on “Music cl
One Hundred Years Ago.”
Monthly meeting of the Indian
apolis camp of Gideons will be held
Saturday night in the new Wheeler i
City Rescue Mission building.
State tax commissioners today
denied a $22,691.99 bond issue for
the John L. Park road in Wayne
township, Kosciusko county.
Gregory <fc Appel, Inc., has moved
to new and larger quarters at 247
and 249 North Pennsylvania street,
where the company’s general offices
will fill ground floor space and sub
sidiary companies will have offices
on the second floor.
City Attorneys Contend
Rights Preserved.
Arguments on pleadings in the
suit of Newton Todd to enjoin
transfer of title of the Citizens Gas
Company to the city of Indianapo
lis under the 1905 franchise-con
tract were completed in federal
court today.
Todd's attorneys were given until
Nov. 16 to file reply briefs, although
it was indicated decision might be
delayed past that time because of
the heavy trial calender.
Arguments of attorneys for Todd,
the gas company trustees and the
city were completed Wednesday, and
Louis B. Ewbank, former Indiana
supreme court judge, and William
B. Cockley, Cleveland, counsel in
the John J. Cotter suit of similar
character to the Todd suit, were
heard by Federal Judge Robert
C. Baltzell today.
Validity of the franchise contract
was defended Wednesday by Wil
liam H. Thompson, counsel for the
gas trustees; Fred C. Gause and
John W. Holtzman, counsel for the
city, and H. H. Hornbrook, counsel
for the gas company.
The franchise contract, with Its
provision for turning over the prop
erty to the city after fulfillment of
certain contingencies, was more
than a mere franchise, Gause ar
gued, and, when the franchise was
surrendered to the public service
commission for an indeterminate
permit, only the franchise, and not
the city’s rights, was surrendered.
In the Air
Weather conditions at 9:30 a. m.:
South wind, fourteen miles an
hour; temperature, 62; barometric
pressure, 30.06; ceiling, 200 feet; vis
ibility, one-half mile; misty; field,
Chicago Gets Air Races
Bit United Press
CHICAGO, Oct. 31.—The national
air races will be staged at Chicago
next year, probably on the week be
fore Labor day, according to an an
nouncement by business men and
aviators who have subscribed $137,-
500 to defray expenses of the meet.
Two hundred thousand dollars
must be raised, although'it is ex
pected the races will pay for them
selves, through ticket sales and con
Other Livestock
Bu United Press
TOLEDO. Oct. 31.—Hoes—Receipts. 600:
market 154i25c lower: heavies. $9®9.25;
medium. $9.25119.50; porkers. $8.75©9: pigs.
$8.5047 9.75. Cattle—Receipts. 200: market,
steady. Calves—Receipts, light: market,
slow. Sheep and lambs—Receipts, light;
market, slow.
Bn United Press
CLEVELAND. Oct. 31.—Hog3—Receipts
2.000: holdovers. 80: steadv to 10c lower:
170-250 lbs.. $9.65: light lights. $9.40; pigs,
down to $9.25: sows. $8418.25: stags. $6.25.
Cattle—Receipts. 400: holdovers. 800: Com
mon steers very slow: catch as catch can
trade. $lO.lO downward: cows, slow’ about
steady. Calves—Receipts. 300: draggv, un
even. around steadv: medium, vealers. sl2
4? 14.50: few better grades. *l6® 17: cuiis.
down to $9 and under. Sheep—Receipts.
2 600: lambs, steadv t oweak: spots 25c
lower: bulk. *134713.25: medium throw
out. *[email protected]: fat ewes, steady. ss®6.
$150,000 LEFT IN CAR
Lost Negotiable Securities Found in
Trade-In DeaL
Bu United Press
NEW BEDFORD, Mass., Oct. 31.
Under the rear seat of a used car
traded in to a local automobile
dealer for a few hundred dollars was
found negotiable securities valued
at $150,000. Investigation revealed
the securities belonged to Miss Alice
D. Liughlin, daughter of the late
J. B. Lauglin, Pittsburgh steel mag
They had been missing several
months. The automobile in which
they were found formerly was
owned by the Laughlin family.
Bullish News Gives Corn
and Oats Separate
Bv United Pres*
CHICAGO, Oct . 31. —WTieat
prices opened unevenly lower to
higher on the Board of Trade today
as the late rally of Wednesday met
with some selling. Better weather
below the equator has brought
higher estimates from the southern
hemisphere, though exports of Ar
gentine, which has fallen off during
the last week. Early strength at
Liverpool and Buenos Aires was
disregarded as professionals sold
on the bulge. Bad weather gave
corn and oats separate strength
with corn most affected by the un
evenness in wheat.
At the opening wheat was from
% cent lower to '*> cent higher, corn
14 cent lower to 14 cent higher, oats
was V* to % cent higher. Provisions
opened firmly.
Wednesday’s advance was cred
ited to large eastern buying, both
for foreign accounts and specula
tive interests, the foreign buying
being for distant interests who be
lieve the farm board action will have
an effect before the end of the year.
This has helped to stabilize the
market and a better foreign demand
is noticeable. Liverpool opened
higher and continued to rise during
the morning. Buenos Aires also was
up at the opening.
It is still raining over the corn
belt and the forecast is for more
bad weather. Wheat and the
weather were the strong influences
in the market Wednesday when the
closing out of a long December hold
ing caused some weakness. The de
ferred stock was strong, though.
Oats was quiet and firm, mostly
because of the cash demand and the
reinstating of recently sold out lines.
The major grains remain the in
fluence in the absence of any news
concerning oats.
Ru Times Special
CHICAGO. Oct. 31.—Cariots—Wheat. 14:
corn, 92: oats. 34: rye 6. and barley, 17.
Three County Convicts Fail
in Pardon Pleas.
Bv United Press
MICHIGAN CITY. Ind.. Oct. 31.
—Clemency petitions of three Mar
ion county convicts were among
those refused by the pardons board
of the Indiana state prison today.
The board also denied the plea of
Frank Hoch, Posey county, for pa
role from a life sentence for the
murder of John Hoch. He was sen
tenced in 1923 on first-degree mur
der charges.
The Rev Ambrose Gegerten of
Indianapolis plead for clemency for
Hoch, while a petition signed by
Posey county citizens opposed it,
Marion county convicts whose
petitions were denied were: Norman
Linscombe, serving ten to twenty
years for robbery; Evans Coffey,
same sentence, and James Ervin,
two to twenty-one years for rob
The board also refused six other
petitions, and granted a special
hearing for Ralston Linton. Terre
Haute, member of the Spencer
(Ind.) robbery gang, asking com
mutation of his fifteen-year sen
tence’ on an automobile banditry
Notary Public Embezzled Fee for
Auto Driving License.
Bv United Press
TERRE HAUTE, Ind., Oct. 31—
A year in prison was the sentence
given Walter B. Pierce, notary pub
lic, for embezzlement of 25 cents, to
which he confessed.
Pierce was arraigned on an affi
davit by Wilbur Murdock, who said
he paid Pierce 25 cents for an auto
mobile driver’s license.
Investigation by the secretary’s oi
state office was started when Pierce
mailed 136 applications for driver's
licenses made out between May 28
and July 15 and held until this
Pierce failed to send the 25 cents
received from Murdock, to the sec
retary of state, and appropriated it
to his own use.
South Bend Court Orders Removal
to Hospital.
B v United Press
SOUTH BEND, Ind., Oct. 31—An
insanity defense was successful in
the case of Pansy Funk, 21, on trial
here for the slaying of Jesse Mater
and she will be taken to a hospital
for mental treatment.
Should a later investigation dis
close that the girl is sane, she will
be freed.
The girl admitted she killed
Mater, whom she declared was her
lover, because he had turned her
out of his home. She had been his
housekeeper for several months.
Terre Haute Miners Suffer From
Loss of Service.
Re-establishment of Big Four
miners’ train service from Terre
Haute to the Pittsburg mine switch
is I asked in petition for rehearing
filed with the public service com
mission today by John Riddle, Vin
cennes, attorney for the United
Mine Workers.
The train was abandoned on or
der of the commission Oct. 18. Rid
dle contends the miners suffer from
loss of this service.
Puss Mothers Baby Rat With Her Own Brood; Ohio
Cow Presents Owner With Triplets.
l\ - 'jJ "~A
"When the cat’s away, the mice will play”—runs an old adage, but the
rule has been broken in Memphis, Tenn. Pusam, an affable old cat
owned by Imogene White, has added this baby rat to her brood of kit
tens and has taught the "arch-enemy” to nurse with her own offspring.
< araHEg sßgtf>*SP s&x&x fmwgp&K
"The old woman who lived in a shoe” had nothing on the mother
that’s living in a barn on John Garner’s farm, near Canton, O. For
Daisy—that’s her name—is the proud mother of triplets, now three
weeks old, who are shown with her here.
Bv United Press
CHICAGO, Oct. 81—" Seventy-five
dollars worth of nice, fresh bombs,
"Do you want them wrapped or
will you have them delivered?”
Such, according to alleged con-
Coast Guardsmen Capture
Boat After Chase.
By United Press
BUFFALO, Oct. 31.—Two men
were wounded slightly early today
when coast guardsmen opened fire
on the Uncas, claimed by coast
guards to be the most notorious ar
mor-plated rum runner on the
Great Lakes, which was proceeding
without lights on Lake Erie, it was
announced today by Martin W. Ras
mussen, district coast guard com
The ship was seized off Cattarau
gus creek, about two miles east of
Silver Creek, N. Y.
The wounded men suffered leg
wounds when the rifle bullets fired
by the coast guardsmen penetrated
a small wooden section of the craft
not covered by armor.
According to Rasmussen, the Un
cas now known on ths lakes as the
Butterfly, had unloaded a cargo of
liquor somewhere along Cattarragus
creek and was proceeding out into
the lake when hailed by the coast
guard cutter.
When it failed to halt after being
chased for a mile, Rasmussen said,
the boat was fired on. It was cap
tured shortly after the opening
Oklahoma Youth Tried Extortion to
Aid Poor Neighbor.
Si/ United Press
PONCA CITY, Okla., Oct. 31.
Shelton Phipps, 21, decided there
was real need for farm relief. He
started out to be a modem Robin
Hood, extorting money from wealthy
oil men and leaving it in SI,OOO
bundles on the doorsteps of neigh
bors whose crops had failed. The
plan failed. Phipps was arrested
and pleaded guijty.
When he learned what the youth
had intended doing with the money,
Lew Wentz, oil man from whom
Phipps attempted to extort $50,000,
asked that clemency be extended.
Man Picked Up in Brooklyn Gutter !
Thought Gang War Casualty.
Bu United Press
BROOKLYN, N. Y., Oct. 31.—The
body of an unidentified white man,
apparently the victim of a gang
“ride” was found in a gutter of
Brooklyn today. Patrolman Jere
miah Dempsey discovered the body
as he made his rounds.
The man was well dressed. His
face had been beaten black and blue
and he had been shot in the back of
the head. Dempsey said the man
apparently had been thrown from
a moving automobile some time
Wednesday night.
sessions read to a jury in criminal
court here, were thfe transactions
which took place across the coun
ter of a grocery store owned by
Carlo Oliviero.
Oliviero and Joseph Cerra, his
“wholesaler,” are on trial charged
with sale and manufacture of “pine
apples.” Both have repudiated their
confessions, but these have been in
troduced in evidence by order of
Judge Harry Lewis. S'
Dynamite, black powder cotton
fuses, lead pipe, caps and completed
bombs were on store shelves behind
the regular merchandise, according
to the confessions.
Brisk trade started when Cerra
was induced to start making the
bombs by Peter Fieorettta, gangster
now in the penitentiary, the con
fessions stated.
Cerra's confession said he sold
“heavy” bombs which could do real
damage at $75 each and “scare”
bombs at $1,390 a hundred.
We must make room for the Conn Company, who are
moving in with us. Over half of our stock must be sold.
Down Go Prices.
Stuvvesant §29 Ellington §79
Sterling §49 Johnson §llO
,r p e p,. Apollo $125
Vose & Son §6o Marlowe §175
Kurtzmann $l2O Everson $195
Every one in good condition and guaranteed.
Decker .. ' .$265 Brewster ..'*7ls
Radios Phonographs
Battery Sets SIQ
Brunswick All-Electric $95
Terms As Low As SI,OO a Week
_OCT. 31, 1929
Michigan City Lawyer to Act for
D. C. Stephenson.
The supreme court today accepted
Robert F. Baker. Michigan City at
torney, as counsel for D. C. Ste
phenson, former Indiana klan lead
er, in Stephenson's murder appeal,
now pending.
The court, however, declined to
take action on the motion to per
mit supplemental pleadings to be
filed until the papers are viewed
by the court.
Stephenson is serving a life sen
tence in the Indiana state prison
for the murder of Madge Oberholt
zer, Indianapolis young woman.
Lejral Notices
Stockholders' annual meeting of th
White River Railroad Companv for elec
tion of officers and genera) business will
be held at the office of Kinean & Cos.,
Indlanaholis Friday. Nov. 15. at 2:30
p. m.
A. M. M'VIE. Secretary.
October Term. 1929.
CAUSE NO. 43961.
INDIANA. Plaintiff.
wife. The Unknown Heir* of HENRY S.
STOUT. The Unknown Heirs of Ulrich
Z. Wilev: MARY A. WILEY, widow of
Daughter of Ulrich Z. Wilev: FIRST NA
REYNOLDS. Attornev-in-Fact; WILLIAM
H. MATTERN. The Unknown Heirs of
William H. Mattern:
The children, descendants and heirs,
the unknown husband or wife of esch
of the persons last above named who
mav be living, the widow or widower, as
the case mav be. the creditors, adminis
trators of the estate, the legatees, de
visees. trustees, and executors of the last
will and testament of anv of the above
named defendants who mav be dead, and
all of the women once known by any
of the names above stated who mav have
changed their names and who are now
known bv sorre other name, the names
of whom are unknown by the plaintiff,
and all nersons and corporations who
assert, or who might assert anv title
claim or interest in. or lien upon the real
estate described heroin, the names of
whom are unknown to the plaintiff.
BE IT KNOWN That on the 24th day
of October. 1929. the above named plain
tiff bv his e.ttornev filed in the office of
the Clerk of the Circuit Court of Marion
Countv. in the State of Indiana, his
comnlaint against the above named de
fendants. and said plaintiff also filed in
said clerk’s office the affidavit of a com
petent person showing that the following
wife. The Unknown Heirs of HENRY S.
known Heirs of Ulrich Z. wilev; MARY
A. WILEY, widow of Ulrich Z. Wilev,
NELLTE E. HENSELMAN. daughter of Ul
rich Z. Wilev:
HUGH E. REYNOLDS attorney-in-fact,.
WILLIAM H mattern. The Unknown
He’rs of William M. Mattern:
The children, descendants, heirs, the
unknown husband or wife of each of the
persons last above named, who may be
living, the widow or widower as the case
mav be. creditors, administrator of the
estate, legatees, devisees, trustees and exe
cutors of the last will and testament of
any of the above named defendants, who
mav be dead and all of the women once
known bv anv of the names above stated
who mav have changed their names and
who are now known by some other name,
the names of whom are unknown to the
plaintiff, and all nersons and corpora
tions who assert, or might assert any
title, claim or interest in. or lien upon
the real estate described herein, the
names of whom are unknown to the
plaintiff, and the residence of each of
said defendants, after diiiaent inquiry
and search, is unknown to plaintiff, and
the said cause of acHon is to quiet title to
the following described real estate in the
Ccntv of Marion:
Lots One to Nineteen 119' both in
clusive. in Hileemeier’s Home Place Ad
dition. an addition to the City of In
dianapolis as ner plat thereof recorded
in Plat Book 22. page mo. in the office
of the Recorder of Marlon Countv. In
Said action is Instituted and prosecuted
bv this plaintiff for the purpose of quiet
ing title to the above described real
estate as against all defendants, claims
and claimants whatsoever and whomso
ever. and as agatnst the world.
And whereas said plaintiff, has by In
dorsement on said complaint,, required
said rle f endant,s and each of them, to
appear in said court and answer or de
mur tureto on the 26th day of Decem
ber. 1929.
Now. therefore, said defendants last
above named are hereby notified of the
filing and nenderev of said complaint
against them, and that unless they ap
pear and answer or demur tljereto at the
railing of said cause on the 26th dav of
December. 1929 the same being the 22d
ludicia! dav of the said term of court
to be begun and held at the courthouse in
the Citv of Indianapolis, on the 26th day
of December. 1929. said complaint and
the matters therein contained and al
leged will be heard and determined in
their absence.
Clerk of he Marion Circuit Court.
Attorney for Plaintiff.

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