Altoona Mirror from Altoona, Pennsylvania on June 4, 1930 · Page 17
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Altoona Mirror from Altoona, Pennsylvania · Page 17

Altoona, Pennsylvania
Issue Date:
Wednesday, June 4, 1930
Page 17
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ADVANCED BY PROFESSIONALS Mixed News Causes Some Uncertainty In Stock Market, Advance In Scrap Sends Steeled Higher Level. By GEOttUB T. HUGHES. (Cobynght, 193o, by Altoona Mlfror.) WALL STREET^ NEW YORK, June 4.—Reversing their policy of Tuesday, the professional operators who are in unchallenged eontfrol, bid up prices in today's stock market session. As a rule th» gains Were no larger than tthe losses of Tuesday, but when liquidation did not come out in the decline, an attempt was rnade to stir up interest on the other side. Today's'news was much mixed. Car loadings were tip on the week but'not below the same week in 1929 and the week of 1928. The gain was less than it ought to be at this season. Com- x modity prices were still depressed, notably rubber and silk. On the other hand the Increase in crude,oil production was partically offset by the larger demand for gaaolifH\ The street remained mildly optimistic as to the oil situation. In another quarter there was some Improvement in sentiment. On Tuesday news that operations of the United States Steel corporation had been re- 4 duced nearly 5 per cent brought selling into the steel stocks. Today the iron and steel trade reviews had a more reassuring tone. The "Iron Age" spoke of' the' upturn in the price of steel' scrap and said that .steel prices, although still weak, were steadier than a week ago. It drew the inference that the summer recession might not bo as severe as had been anticipated. • l'od»y'» New Vorfc Uuolatlani. Quotations furnished foi Altoona Mirror by Weal A Co., members of Philadelphia und New Vork Stooli exchanges, local office. 1'lrai • National Bank building. - v . High. Ldv/; Close. KAILS! \ . ' Asphalt. 225-Ti 224'/g 225 Baltimore and Ohio .... 112 111% 111% Canadian Faclfla ..,-.... 50£ 49W 80'A Chesapeake and Ohio ... 213 212% 212% Chicago and Northwest . 81 Mi 81% 81% Delaware and Hudson .. 173 173 173 Erie 4Gli 45 45 Great Northern .. ..'.. 87>/i 87% 87% New Haven 113 112 % 113 New York Central ..... 174% 173'A 174% Norfolk and Western ... 239% 239% 239% Northern Pacific .. • 80% 80% 80% Pennsylvania 78 77% 77% Rodlt Island 113% 113'A 113 V4 St. L. and S. F. ... ....(Ill 109% 109% St. Paul, Com 19 18% 18% St. Paul, Pfd 31% 29',4 31% Union Pacific 225 224 224 Western Maryland .. .. 30% 29% 30% INDU.STItlALS: A. T. and'T, Rites 21 A Ills Chalmers 81VJ American Can 147','j Amor, l-'orelgri PoR'er .... 87H Amor. Locomotive D8 Amer. T. and T 231-% Armour A .' 8'ii Armour B 3 Vi Baldwin 27% Bondlx Corp w. 42 Bovorl 20 Columbia Gas 83% Columbia Oranraphonc .... 27Vi Congoleum .., 14 Vj Continental Can 66% Ciirtisa-Wrlght 9% Davidson Chem 34 V4 Dupont do Nemours 130 Vi Klcc, Storage Btry 72 Elda. f. and L 94 - Famous Players 70% Frccport Texas ,10% Genera! Foods .'. 61 General Elcc, 84 !g General. Kefroctprlcs 83% .dysir ......;vV>i..... I? Vj Intl. Combustion 8 7 « htl. Nickel 32 U .clly-Sprlnglicld -1 Vi Kreugcr and Toll 31 % ^oiillard Z4 : !i May Dept 51 •')! Montgomery-Ward 46 Natlomtl Cash 64 Vi National Dairy .... ... 60Mi North Aitferlcun 120 Pub. Service, N, J 114 V4 Radio 52% Radio-Keith 43 Itcmington-Rand 35% U. S. Rubtyp SI'/!, Scars, Roebuck 87 Vi Schultc. A,''.. 8% Standard Qaa 118Vi Stand. Sanitary 31% Texas Oulf 60Vj United Aircraft 7011 United Corp. 48',1 United Qas and I. .... 43% Utilities P. and L. A .. 41% Warner Brothers '. 64% Westtnghome Airbrake , 43 Westing-house Electric, . 180% Woolworth ,'*;> .. 91% corrunsi ; '"'" Amer. Smelting ....... 70% Anaconda 59Vi Calumet and Heola .. .. 18% Corro de Pasco 54% Granby 32 Great Northern Ore .... 2111 Howe Sound 32 % Inspiration 19% Kenpecott 47% Miami 22 Nevada 20% Tennessee 14 U. 8. Smelting 27 MOTOKS: Auburn 164 Chrysler 35% Continental 5 % General Motors 5U% Urufciun-Fuige 8 Vi Hudson 13 Hupmobilo 18% Mack 72 Mar mon IB 14 Nash 40 VI Packard 18% Reo ; 11U Studrbaker 3fl% Willys-Overland 1. 7% Yellow Cab 27 VI HTICKLH: BethleheiTi (It 145 U 80 !i 07 'A 230';» 6Vi 3 Vi 27 V t 42 19 % 14% 65% 8% .34 129 . 72 92 69% •18 59 : », 81».l 83 V» 46% 40 )i 85% • 8% 31% 4!i 31% 24% 51% 45>,i ao% 60 12514 112% 50% 41% 34% 30% 80 li 8% 116 31% 69% 74% 44 Vi 43% 40% 63 V t 42% 177% 03% 20% 01% 146% SOU 58 230% 8% 3% 27% 42 19% 83% 26% 14% , 65%. ' 8% 34% 130% 72 93% 70% •19 61 83% 83% • 46% .40'A 86 VI 8'a 31% 4% 31 (i 24% 01% 45 Vi 63% 60% 129 114 Vi, 61% 42% 35 !i 30% 86 Vi 8% 118% 31% BO- 75% 44% 43% 41% 64 % 42% 180 64% 70% 70% 57% 68 Vi 18 18 53 53 H2 32 21% 2114 32% 32 % 19% 19% 47 4714 21% 22 20%- 20% 14 14 27 27 Cast Iron "Pipe Cnlurado Fuel . 04% 3D "niclbla ills 'fading C. and I 76% 29% 21 »i Kc|jubllo ............ . ! . . 58 U. S. Steel .............. 171 Vi Vanadium ........... 122% Warren Foundry ......... lO'Si OH^Sl Asphalt .............. 60% Atlantic Refilling ..... . 43% Barnadall ............ 27% Continental Oil ....... 27 % Houston Oil .... ........ 108% Independent . ..', ....... 26% Indian Rettnlng ........ 18% Mexican Seaboard ..... 30^4 Mid Continent .., ..... 28% Pun American B ...... 63% P hllHps Pete. . , , , ..... 1 38 V* Pur« Oil ........ , ____ *23 Hlclifleld Oil .......... 22 ',4 xShell Union .......... 20% Sinclair ............. 20% Skelly Oil ............ 36 'i Standard Oil, Calif ..... 71 Standard Oil, N. J ..... SOU Standard Oil, N. Y ..... 30?» Sun Oil .............. 67 TCXM Company ....... f,8V, Tidewater Asuo ....... 17 vi Transcontinental ..... 20 ! Ji Haiti. 1,689,. -WO shares. Money, 3 per cent. xEx. Dlv. 35c. 1AO 33 % & 10% 8 42% 18% 70% 1814 39% 1.* 35% 7H 23% 03% 3ft % 6(1% 76% 29% 23 : ti B7 160% 120 30 ! !i no 42% 26% 28% 102 25% 18 20 27 V, 82% 37% 22 vi 22 20% 27% 3S',i 70% 78% 3li',i 64% S7 : 'l 16-,'i 20 35 5% D0% 8% 42% 18% 71 % 18% 40 35% 7% 27 '/i 03% 35% 87% 78% 20% 23% 58 170% 121 % 3D % 43% 27% 27 108 25% 18 20 ft 28 U 63% 37 ?i 23 2214 20% 28 :1 4 35 Ti 71 79-!i 36% 67 58 17 Vi 20% Cl 111! MAUKliT. Cltlea Service 32 •» 32 li 32% Koril of England 17 17 17 Pennroad Corp 12% 12% 12% Metals Exchange. NEW YORK. June 4.—Tin: July 30.10, offcrjd: 30.20. offered: September :I0.10, bid: October 30.20, bid: November 30.30. bid: December 30.40, bid. In the ouudde market copper for the domestic trade ii> 13, tor export 13.30; lead S.50; zinc 5.00. i'otfeu Prices. NBW YORK, June 4. — Coffee prlce.i oi.L-ned lower. July 7.80. off .05; September 7.60, off .03; December 7.33. off .05; March 7.21, off .04; May 7.08. off .07. Rio future* closed 100 rela lower to 150 higher, whll< Santos wire unchanged. Rio 7a on •pot 9; fcantou iu 13 U-13V Kuw 811k. NEW TORK, June 4. —Silk futuren had a very steady tone today, with trade in moderate proportions. Prices were 2 cents higher to j ceuU lower. May conaumption was HUGE EVENTS MAY GOME AFTER TtDE WATER DEAL By B..C. FORBES 1 understand there is big news lying behind, the purchase by Tide Water Associated Oil company executives of the 1,076,123 shares of its .common stock held by Standard Oil of i New Jersey. This is preliminary to a series of NEW BOND ISSUE CAPSESJYEAKNESS By F. H. ntCHABDSON (Copyright, 1930, by Altoona Mirror.) NEW XORK, June 4.—Bonds had a weak tone today, as a result 6f a mod/ erate amount of switching consequent on the Winging out of 200,000 shares of Electric Bond & Share 6 per cent preferred stock at A 91%. After the flrst hour this influence became negligible, but volume had died away to such small proportions that the list was still at a slightly lower range. Second-grade rails were most widely affected. The ElectMc Bond ft Share 5 per cent preferred issue was of significance from two angles. ' First, it continues the policy of the holding company of doing Its financing through the medium of a senior stock issue instead of issuing long-term debenture bonds, which Is the policy of its subsidiary companies. The second feature is that of employing a 5 per cent preferred medium at a discount of 8% points Instead of using the former vehicle of the 6 per cent preferred, jvhich is now quoted around 108 and was recently within 1'8 of its call price of 110. The last issue of 6 per cent preferred sold on Aug. 8, 1929, at 105. There are 850,000 shares outstanding. The new 5 per cent preferred, like the 6 per cent; Is capable at 110. of the first tnajrhlttide. These proposed consolidations have not yet, however, been signed and sealed. They will embrace more' than two nationally known oil companies, and may em brace also the Prairie Pipe Line. 40,823 bales, against 41,684 bales last month and 49,121 last year. Stocks totaled 35,477 bales, compared with 53,704 last month and 39,898 last year. Yokohama futures were 1 to 23 lower. Outside Salyu 11.00, unchanged. New Vork Produce. * NEW YORK, June 4.— Flour quiet and steady; spring patents, $D.80©'S6.20 per barrel. Pork quiet; mess, $32.00 per barrel. Lard steady; middle west spot, .1045® 1005 per pound. ' , Tallow quiet; special to extra, 5%c@5%c per pound. < \ Petroleum quiet; New York refined, IDc per gallon: Pennsylvania crude, Sl.05(Bt$2.30 per barrel; turpentine, 47%c(<j>48%c per gallon. Hides (common) dull; Cenetral America, 12 %c per pound; Cucutas, lie per pound; Orlnocos, 13 Vic per pound; Maracalbos, 12 %c per pound. Hides (city packer) steady; native steers, 15c per pound; butt brands, 14 %c per pound; Colorados, lie per pound. Potatoes — Old firm; new easier; southern, Ji.50©J6.00 per barrel; Maine, J3.60©J5.00 per barrel; Bermuda, .f6.00<&Jll.oa per barrel. , Sweet potatoes firmer; Jersey, bosket, 6Qo ©53.50. Oreaso quiet; brown, B'/ic; yellow, SVic; white, B%c4))5%c. Dressed poultry (cents per Ib.) — Steady to firm; turfteys, ZSciQ)43c; .fowls, 14c<Sj>29c; chickens, 17c(j>41c; ducks, Long Island, lOo. Live poultry (cents per Ib.)— Dull and unchanged; geese, 12c<S>14c; ducks, 14c@23c; fowls, 21ciij)26c; turkeys, 15c@2&c; roosters, 12c; broilers, 20c@32c. Cheese (cents per Ib.) — Steady; state whole milk, fancy to specials, 24c@26c; Young America, 19c@25c. Butter (cents pcr'pound) — Market firmer; receipts 15,483; creamery extras, 33c{|i33%c: special market, 34c<$34%c. Eggs (cents per dcz.)— rMarket steady; receipts 43,871; nearby white fancy, 29c@ 31%c; state whites, 2B%c(iv38c; fresh firsts, 22 ! /ic<(j>23%c; Pacific coasts, 27%c®34c; nearby browns, 24%c@30%c. Pittsburgh Livestock. PITTSBURGH, Juno 4. — Hogs, receipts 2,300; market weak to lOc lower; 150-210 Ihs., S10.004lS10.05; few $11.00; 220-250 Ibs., mostly $10.50i*>$10.76; 200-300 Ibs., SlO.OOflj' $10.40; pigs, ?10. 25 <u $10.00; rough sows, $8.50'i>$9.00. . Cattle, receipts 25; market unchanged. Calves, receipts 200; market fairly steady; top vealers, $12.00. Sheep, receipts 1,000: market 25c to 50c lower; bulk lambs, $H.OO®$12.50; yearlings, JO.OOfu'flO.BO; shorn aged wethers, SS.OOCui JK75. Pittsburgh Produce. PITTSBURGH, Juno 4. — Butter^-NearTby tubs, 92 score, extras and standards, 33Vic; 89 score, 31 lie; 88- score, 29 Vic. Eggs — Nearby firsts, second hand cases, 21%cit>22c; extra firsts, new cases, 22c® 22%c; nearby hennery whites, 22%c@23c. Live poultry— Hens, 20c<fl)25c; broilers, 2Sc @40c; roosters, l&c; ducks, 16c<y>25c; geese, 10c4j»12c: turkeys, 18ctt24c; fresh killed bens, 33c@40c. Fnlludelphlu Produce. PHILADELPHIA, June 4.— Nearby peas met a good demand on the local market today and prices were somewhat higher. New Jersey stock sold at $2.50 per bushel while Maryland stock brought $1.50<Q>$1.75. Asparagus was In heavy supply and the market was weaker. New Jersey and Pennsylvania stock sold at 75c{f>$3.00 per dozen bunches. Strawberries were weaker with fairly liberal receipts. New Jersey stock sold at $2.50 WSd.OO per 32-quart crate. Maryland raspberries sold at 15c<ij>20c per pint. Sour cherries brought $5.00@$a.OO per 32- quart crate, Lettuce met a slow demand at 30c{j'50c per bushel. Spinach sold at 10c@35c. Nearby beets were weaker and brought . Butter— Prices advanced %c<ij>la on all scores. 93 score, 35%c; 92 score, 34%c; 91 scorn, 33',ic; 90 score, 31%c. Eggs steady. Graded nearby whites held 24%c<ii2ac; mixed colors, 23%c@24%c; westerns, 24%c<Q<25%c. C'hleagu Produce. CHICAGO, June 4.— Eggs, market steady: receipts 12,308 cases; extra firsts, 22%c; firsts, 21%c<uv22c; ordinaries, lOcSjilOVic; seconds, 18c. Butter, market firm; receipts 10,328 tubs; extras, 32 Vic; extra firsts, 30ci(i30'/jc; firsts, 28clr29c; seconds, 20c(ii27%c; standards, 32 'Ac. Poultry, market steady to easier; receipts 2 cars. Fowls, 19c; springers, 32c; Leghorns, 14c; ducks, 10%c<iiU7%c; geese, 12c; turkeys, 20c; roosters. He; broilers, 23ci|) 25c. • Cheese— Twins, 17cO()17Vic; Yoyng Americas, 18 %c. Chicago Livestock. CHICAGO, June 4. —Hogs, receipts 21,000, including 5,000 direct; openingr steady to lOc lower," hogs scaling under 240 Ibs. showing the weakness early; later trade fully steady, some sales weighty butchers Be to lOc higher late; top, $10.50. Butchers, medium to choice. 250-360 Ibs., $9.85S|J.fl0.40; 200-250 Ins., $10.00<i»$10.50; 180-200 Ibs., $dO.OOiU> $10.50; 130-180 Ibs., $9.00(1) $10.50; packing sows, $9. 00 ft $9.76; pigs, medium to choice, 90-130 Ibs., $9.254i$10.25. Cattle, receipts 11,000; calves, 3.000; bidding 25c lower on fed steers and yearlings: very little done; few sales early weak to 2Bc lower with she stork reflecting similar undertone: early top, $13.75. Slaughter classes, steers, good and choice, 1,300-1,500 Ibs., $12.25<H;$M.OO: 1.100-1.300 Ibs., $11.75{|> $13.75; 950-1,100 Ibs., $11.50w$13.75; common and medium, 830 Ibs., $8.00te$12.2B; fed yearlings, good and choice. 750-950 Ibs., $11.601(1 $13. 25: heifers, good and choice, 850 Ibs. down. $10. 250.i $11. 75: common and medium, $7.00^i'$10.25: COWB. good and choice, $8.00ii $10.00: common and medium, $0.50 to $8.00; low cutter and cutter, $4.SOM$G.50; bulls, good und choice (beef) $7.65ip$9.00: cutter to medium, $6. SOW $6. 75; vealers (milk fed) good and choice, $11. 00»j/$12. 75; medium, $9.00«i $11.00; cull and common, $7.00 (5 $9. 00; stockers and feeders, steers, good and choice (all weights) $9.75&$10.75; common und medium, $7.50<u$9.75. Sheep, receipts 13.000: market slow, lambs 25c lower: best yearlings steady; fatted native lambs, $13.00: choice Californlos. $13.00; good to choice yearlings, $10.00O$10.&0; fat ewes steady to unevenly lower at $5.50 down. Lambs, good and choice. 92 Ibs. down, $12.25©*13.25: medium. $10.50® $12.25: cull and common. $9.25Si $10.50; ewes, medium to choice, 180 IDS. down, $3.75 $0.50; cull and common, Tide Water built the first filfKS from the Pennsylvania oil fields (Bradford) to the seaboard, at Bayohne, N. J. The venture was headed ~by B. D Benson and David McKelvle, father of the present Vice President McKelvle Of Tide. Water Associated. That Was fifty- two years ago. To bring oil ovei the mountains was then uonsiderud quite a feat. The original investment, was |600,000, a large sum In those days when the oil industry was nut a wholesale' producer of millionaires. John D. Rockefeller a»d his associates in Standard Oil of New Jersey tried very hard to get control of the pipe line in 1883. The light was. conducted in court — and on at least one occasion out of court, with bare flats. The best that Standard Oil could do was to get hold of 40 per cent of the stock. This stock it held on to until now. The million-odd shares const! tuted only about 20 per cent after the Tide Water merger with Associated on. Under Walter C. Teagle's regime at 20 Broadway, the relations between Standard Oil and Tide Water havt been very • friendly. Axtell J. Byles president of Tide Water Associated, and Teagle have all along been. close friends. But ownership by Standard Oil of 20 per cent of a competitor's stock became a sorhewhat awkward arrangement, especially in view ol gigantic •consolidations c6ntemplated by both Standard and Tide Water. In addition to competition between Tine Water and Standard of New Jerse> there is competition between Asaociat ed Oil and Standard Oil of California. Should no legal be inject ed, Teagle's Standard Oil of New Jer sey and Kenneth R. Klngsbury'd Standard Oil of California would, It Is understood, join forces to create an all-American oil enterprise of sufl'l cient power and' scope to compete more effectively with the European- owned Shell international network Of aggressive companies. Tide Water Associated combined forces four years ago under the presidency of Mr. Byles, I wrote In this column: "My prediction Is that Axtell J. Byles will go still farther in the oil Industry." ' That prediction is about to be fulfilled In a large way. Developments now in progress promise to bring hln to the very front rank among American oil giants., ., He is not yet 50. He had the advantage *of bcinjj, born at Tltusville, Pa., the nursery of oil men, and of having a father who was an attorney for ' various oil and gas companies. He had the advantage, too, of a Princeton degree and also of a legal' degree, as well as the advantage of a stocky, broad-shouldered body almost as powerful as the Her culean Teagle's. Axtell followed in his father's footsteps and became interested in oil cases and the oil business. He paralleled the careers of Judge Gary and Owen D. Young by rising from counsel to the chief exegutlvcshlp of the company he became chiefly 'associated with, Tide Water Oil. (Copyright, 1930,'by B. C. Forbes.) AWARDS MADE AT JR. HIGH SCHOOL (Continued from Page 1.) \ faculty director of athletics. The letters were received by Elizabeth Hogue, chief cheerleader for the girls; Robert Moser, chief cheerleader for the boys; William Hart, Eugene Morelll, Martha Vaughn and Mary Jane SmulHng. School Ping Distributed. Presentation of the Roosevelt "R" pins was made by Principal W. H. Burd, assisted by Sheldon Ehringer, student president of the school. The pins are awarded on a basis of scholarship, personal cleanliness, athletlcfa and citizenship. The pins, a white "R" on a background of blue enanfel, bear the tlfeure 1, 2 or 3, Indicating the year for which they are given. • Winners of the pint are: t First yin—George Grayblll, Jacques Knerr, Helen Johnson, Betty Loose, Mary Paul, Janet Ru^yeon, Anna Weiner, Leona Aurlch, Jeannette Hershberger, David Calderwood, Kenneth Yeager, Melvln Ditk, John Klick, David Lukeua, Sheldon Ehringer. Harry Maloy, Kaczor, Cecelia, Jack Green, Miriam Wolf, Erma Soyster. Sara Jane Bowser, Edna Conrad, Robert Faulkender, Buhl Jones, Cora Edna Keckler, Yetta Liechtenstein, Howard Tobias, Richard Van Scoyoc, Katherlne Badwey, Jane Berkowitz, Marlon Corbin, Martha Guyer, Mandella Snyder, Ruth Tobler, Eleanor Lelgh- ty, Jean Van Ormer, Jeanne Walker, Esther Yingling, Harold Irvin, Alec Notopoulos. Walter Myers, James Smith,. Herbert Thomas, Virginia Shearer, Harriet' Filer, Harold Smith, Helen McQuade, Hazel Gearhart, Helen Bowles, Bobby Filer, Eleanor Coxey, Ruth Freeman, Dorothy Groban, Amy VIra Hettler, Mary Mock, Helen Replogle, Mary Jane Smulling, Martha Vaughn, Robert Hlte, James Taylor. Hugh Torrence, Robert Isaacson, Thebe Robinson, Pauline Creamer, Sophie Lelbman, Marjorle McFarland, Leo Schlachter, Marie Re iff, Louella Laudenslayer, Patricia McGuire, Helen Nonemaker, -Margaretta Rieger, Mar- jorle Stouffer, Lorna Stewart, Ida Wooiner, Margaret Poske, Eleanor Veleiio, Rosemary McCabe. Third pin, ninth grade students- Pauline Buckel, Geraldine Meyer, Emilie Miller, Dorothy Pfahler, Henrietta Swank, Virginia Goodman, Jane FiHdley, Ammclare Paui, Alfrieda Steinhof, Helena Samuel, Lillian Valone, Fred Batrus. Robert Epple, Philip Geary, Sheldon Keckler, An- thonene Valone, Margaret Young, Walter Blake, Harry Noll, Barney Rif- kln, Richard Whippo, Mary Mock. Second pin, ninth grade students- Jane Gorsuch, Maxlue Miller, Ruth Clifford, Dorothy Brauninger, Paul Krause, Abraham Llebman, Oarl Rob- isqn. Lewis Anderson, Dean Rltchey, William . Paul, Lottie Bavarsky, Charles Pack, James Laudenslager, Dorothy Ward, Leah Rogers, Ruth Berry, Miriam Emerick, Namoi Fleck, Irraa Renniuger- SUKS FOK George Kephart. a minor of this city, through his attorney, John F. Sullivan, has brought suit iu the Blair county courU against Frank Stahl for $5,525, being for injuries alleged to have been suffered when the defendant's automobile in'which he and his mother were passenger guests was wrecked near Frankslown. IOOL CAREER IS BROUGHT TO CLOSE jt tcoirilinued from Paga 13) school subjects were taught, ftieart* while working on the farm. He began teaching., in the Howard township school when a little past 16 years old, continuing his attendance at the summer sessions in order to take i high school Work. Following four years' teaching he decided to prepare for college and entered the Palatinate college at Myerstown, Pa. Afte* two years at the preparatory school M was permitted to enter Franklin A Marshall college AS a sophomore student, entering the college in September, 1889, and graduating In June, 1891. His first .high school experience was gained in . tM Willlamsport High school, where he was elected a teachef ,!n 1891, following hia graduation from Franklin & Marshall. In his second year at the school he was elected assistant principal. In the fall of 1893 Dr. Robb was elected principal of the Altoona High school, then comprised of four rooms in the present Emerson school building, with four teachers and 140 students In the four classes. After two years . In the • Emerson building- Dr. Robb moved with his' school to the present Lincoln building, which had just been completed for use as a High school. Ten years later the older part of the present Senior High school build- Ing was completed and In September, 1906, the High school classes occupied the new building. The number of students steadily increased until the building became too small and the annex, which more than doubled the capacity of the school, was erected two years ago. Dr. Robb's record of thirty-seven years as principal of the. Altoona High school stands equalled by the records of only two other educators in the state, so far as is known, while his total of forty-three years of service in the public schools is also equalled by few persons. His outstanding career was recognized in 1918, after the completion of twenty-five years as principal of the Altoona High school, by Franklin & Marshall college, which conferred upon him the degree of doctor of pedagogy. He has served as a member of the board of trustees of Franklin & Marshall college for the past twenty years and Is also chairman-of the committee on instruction and' degrees. In, the year 1927-28 he served as president of the Pennsylvania State Education association and prior to and since that time has held a number of appointive offices' in the state a« director Of tn* Mountain sufrtmtt assembly told f6* l«A6heft at Bbent* Butt during 1912-1844. Dr. Robb wM nffttrt in tnatflafe o« Aug. 28, 188*, wftli Mi** Ca*a May Kline of Howard, Centre county.. Hi* family IB comprised of Mrs. Robb and one son, Eugene W. K. ttbbb, now supervising principal of the Bedford schools. \ Dr. Robb has been an active member of the Trinity Reformed church' of the city throughout his residence in the community, serving as deacon of elder of the church for a number of years and also teaching a class in the adult Sunday school. His present residence is at PUT Twenty-fourth avenue. — DAY'S ACTIVITY IN GRAIN MARKET By GEORGE C. SCHNACKGL. (Copyright, 1930, by Altoona Mirror.) % CHICAGO, June 4,*-The wheat mar* ket was listless ^kiday, with • price changes small, but principally on the side of weakness. There \vas pressure on the market from locals because of beneficial rains over the Canadian west and our northwest, but buying, credited to local shorts absorbed surplus offerings. Later there was buying by ispreaders against sales at Winnipeg which caused a recovery of most of the early decline. Corn showed a firm tone in spite of the action of wheat, although the leading cereal had some effect on local sentiment. Complaints about lack of moisture in Illinois caused some buying and adverse Argentine crop reports also had an effect. Trade in oats was quiet and that market followed wheat. Provisions had a firm tone. Open. High. Low. Clone. WHEAT— July 107 1 )! 107% 105% 105% Sept, 110 % 111 108% 108% Dec 11514 115% 113% 115H CORN— .... 817» 82% .... 77% July Sept. ... Dec OATS— July Sept. ... Dec. .... RYE— July -, Sept Dec. .... 40% 40% 43'A 63% 67% 72% 82<4 81 83% 81% 77% 76% 40% 40 % 40% 39% 43 W 42% 03% 62 68 -66U 73% 71% 81 82 76',4 40% 39% 42% 62 68 Vi 71% CONDUCTOR IJOL. Edwin Crawford of 901 Third avenue, well known Pittsburgh division passenger conductor, is lying critically 111 with little hope of recovery at his home. Mr. Crawford was taken ill of blood poisoning some time ago and despite the most expert medical aid, has been unable to allay the trouble. COMMENCEMENT IS END OF LABORS (Continued from Page 1.) find Thomas Brewef, senior trtembers of the debating team in the past season. ' , Charles Thomas, who also served the school as cheerleader, received the William F. Gable company prize of $25 as the leading student of the school vocational department. The Oneida Delphian chapter p'ftze of $6 for the student maintaining the highest grade in history was awarded to fiuth Burllngame. Celta Llebmann received a • gold medal from Indiana State Teachers college for proficiency in shorthand and typing/while Charles Meyer received a. gold pen from the same source for proficiency in bookkeeping. Both students displayed their ability in the recent commercial department contests conducted at the college. • Athlete* Given Emblems. Gold athletic emblems were awarded to the following students: Donald L. Lane, basketball; Walter S. Albright, baseball, football; Donald L. Graham, basketball, track; George L. Greaser, basketball; James Robert Homan, baseball; Alfred O. Replogle, baseball; Martin H. Berry, baseball; John H. Mallam, baseball; Garland W. Hoenstine, football; Brinton Dee McClellan, football; Joseph C. Clifford, football, track; Harold C. Wolf, track; H. Wayne Farber, track; Dorothy E. Snlvely, Florence N. Wicker, A. Truth Miller, A Adallne Whitesel. Margaret Dorries, basketball; Edward J. Beckel, baseball; Fred J. Smith tennis; Charles G. Thomas, cheerleader; J. Robert Mujr, track; Francis L. Rhodes, track; Winfleld Gorsuch, track; and Henry Hafner, tennis; ' Elmer W. Miller, football. Donald W. Burchfield, blind youth, who last evening realized a life ambition by graduating from the Altoona High school, was introduced by Dr. Robb to the audience. The young man, blind since birth, attended the Western Pennsylvania School for the Blind un- 'tll last fall when he enrolled at the Senior High school. . Through the use of the Braille system for notes and his remarkable memory he won a place on the honor roll of students every month and on the year's honor roll of the graduating class. His work In the school was observed with great interest by the local school authorities and those of the Western Pennsylvania school aince both schools gianed considerable credit through his success. The young man Is a son of Mr. and Mrs. C. W. Burchfield Of 109 Fifth avenue. Presentation of the diplomas was fltiMft, w ifujiwirt — of ift£ gwdtrntfng class. ffte of M* clMMfWrte*, by Jowpft C» JHCneTiRftflf pfSflKrefll Of tf!6 WfiBtiOf board, followed by trie vahsdfctofy **• dreg* by Joint Jacob stark. The pr»gram eto»«rj wltfi the *fn#ng of "America" and the benediction. TODAY'S BASBBALL. ffittlortftl. Cincinnati at New Tork, clear, 3.15 P, M. DL. Pittsburgh at Brooklyn, clear, 3.20 p. m. DL. St. Louis at Philadelphia, clear. 3.30 p. m. DL. Chicago at Boston, clear, 3.15 p. m. DL. American. Philadelphia, at St. Louis, part cloudy, 3 p.'-m. STD. Boston at Cleveland, clear. 3 p. m. STD. Washington at Detroit, clear, 3 p. m. STD. New York at Chicago, clear, 3 p rn. DL. U. S. TREASURY BALANCE. WASHINGTON, D. C., June 4.—The United States treasury balance announced today as of close of business June 2 was $104,605,645.28. Customs receipts for the month to date were $4,126,737.83. Total ordinary expenditures, $10,878,229.57. BANK CLEARINGS. NEW YORK, June 4.—New York bank clearings, $1,410,000,000; New York bank balances, $203.000,000; New York federal reserve credit balances, $191,000,000. TOO LATE TO CLASSIFY Personals PAINS IN YOUR STOMACH, OROIN OR legs may be a rupture. Aak your physician. He will advise you properly. Altoona Artificial Limb and Appliance Co., 907 Green Ave. Help Wanted Male PORTER WANTED FOR BARBER SHOP at once. 1108 12th St. Help Wanted — female MANICURIST WANTED AT ONCE. Dial 4369. Rent — Houses 801% 5th Ave.—LARGE HOUSE, 7 ROOMS, ; all conveniences. Garage. Must be seen to be appreciated. Inq. 1024 16th Ave. 1417 1st ST—7 ROOMS, BATH, ALL MOD- ern conveniences, porches. Rent reasonable. Call 101 Howard Ave. or Dial 2-2153. Rfcwtnl rtclr** too* iQ? t*TO tffQtitulfk Of m Sftttft ftvKfltJif^ ftf COB* i ffr« Pfettft Siilhfof*, p*ftr>lt* f-r the fotfcHjrfftf provemeftt ^$06 * Jonffc 2528 eighth avenu*, 1375; 6. Ml. 2824 Sfxth av«We. < 2409 Eleventh avetru«, «40j O. Jt,! n«Ily, 2029 Twelfth arenu*. Franklin No». 2617 Sfatttt «rt" dther permit* fmrued «f* J. J. Dougian, dormer wfthfcw* ftBKj Klslelntckl, IftTT Twentieth '"""' Ml; J. D. Shultz, top stety on i 825 Chestnut avenue", $380; I* tt. berg, repairs at 1116 FVnirtll MV . S60, and David Eyer, to ettttlfi--: kitchen at 4006 Oak artna«> .— " Cities' Service Rights We will BUY or SELL or QUOTE these RIGHTS for Investors. FAY BROTHERS Lincoln Trust Bldf. Dial 9348 AD Kind* of Depnddbfe INSURANCE W. L. NICHOLSON Uppman Bldf. llth Are. and iStb St. Atom* 1 XX » V, 1 General Builders DUtrl baton Curtis Woodwork 1729 Margaret Are. Phone 9331 Altoona Discount Co. 142S 13th Ave. New Aaron BUg. Small Loans to Home Owners of Good Credit Standing •-r • ^ <<. ^ U. * PRICES This tremendous slash in current Chrysler "77" prices is occasioned by the fact that sometime in midsummer Chrysler will introduce a new model to take the place of the present Chrysler "77". Other Chrysler models, "70","66" and Chrysler Six, are being continued unchanged* Meanwhile the supply of Chrysler "77" models is rapidly melting away at $200 to $350 off regular prices* An opportunity like this won't last long* Bring in your present car for appraisal* Liberal financing facilities are available* PENN MCTCCJ. INC, Green Avenue at Ninth Street, \ltoona, Phon 121 Lauver Motor Co Hoilidaysburg H- £• Keith Roaring Spring H. B. Clemens • • • • » 1

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