Indianapolis Times, Volume 41, Number 306, Indianapolis, Marion County, 3 May 1930 — Page 12

PAGE 12

STOCK SHARES AT NEW LOWS ON MOVEMENT Easier Money and Lower Rediscount Rate Fail to Hold Majority.

Average Stock Prices

Average of thirty industrials for Thursday was 274 59. off 464 Average of twentv rails was 140 68. off 4 40. Average of twenty utilities was 102 85. off 2_29■ age of forty bonds was 94-87, to un changed. Bu United Press NEW YORK, May 2.—Another drastic break occurred today on the New York Stock Exchange near the j close after efforts had been made to bring a rally under the lead of United States Steel. Steel, which had risen to 180 'i, up 2 points net, dropped abruptly more than 4 points and its failure to hold the rally brought a terrific decline all around. Stock after stock crashed down from its high of the day. Radio Corporation was unloaded in heavy turnover, dropping 5 points. Declines of 2 to 5 points were made by American Can, General Electric, j United Aircraft, Consolidated Gas, j International Telephone, American : and Foreign Power, Public Service ; of New Jersey. Columbia Gas, Standard of New Jersey, Ho’iston and Foreign Power, Public service of New Jersey, Columbia Gas. Standard of New Jersey, Houston Oil and a long list of others. Allied Chemical broke 11 points from the previous close and Case more than 8 while Johns Manville was off 6 points. Selling gained as the close approached. The highest grade issues on the board were thrown overboard. It resembled the break of last autumn. In addition to liquidation on a large scale, shorts were putting out new lines. The principal reason for the decline was the absence of banking support of any kind, according to observers. Some advanced the belief that the powerful interests were standing aside waiting for lower prices to take on new lines. Meantime frightened small holders were liquidating their accounts. Bears worked on the theory that stocks were passing from strong to weak hands and pointed out as proof the rise of $57,000,000 in brokerage loans in the past week while the market had been declining. The attention was paid on the constructive factors such as 3 per cent call money, a 3 per cent rediscount rate at New York and optimistic statements from Washington on the status of business.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday. May 2. $4,456,000; debits. $8,281,000. CHICAGO STATEMENT Bu United Press CHICAGO. Mav 2 —Bank clearings. $113.400.000; balances. $8,600,000. NEW YORK STATEMENT Bu United Press NEW YORK. May 2.—Bank clearings. $1 621.000.000; clearing house balance. $165,000,000: Federal reserve bank credit balance. $160,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. May !.—'Tne treasury net balance on April 3. was $156,637,719.50, customs receipts for the month to that date totaled $41,071,049.38: expenditures on April 30. were $18,672,050.83.

In the Stock Market

(Bv Thomson Si McKinnon) NEW YORK, M- x,.—Optimism expressed by President Hoover over the business outlook was not sufficient to divert the declining trend of the early stock market. Liquidation persisted and did not subside until near midday, when an oversold condition appeared and a good rally ensued. Undoubtedly the early liquidation was due to the unexpected increase in brokers’ loans. Considering the aggregate total of loans and the cheap money rate, the increase should hardly have occasioned so much concern unless the discouragement generally of the public Is taken into account. Gloom seems to have superseded to the same degree in market circles the enthusiasm of a few weeks ago. Indeed, news is not inspiring. But business is not getting worse: in fact, it is moderately improving. Economic problems, such as commodity overproduction and unemployment are not solved quickly. Our faith that business will return to normal ultimately is not shaken. Time is the governing element. The immediate outlook is indefinite and the stock market continues to adjust itself to the actualities. At what level stabilization will be encountered rests entirely with commercial developments.

Investment Trusts

Bid. Ask. Am Founders (new) 34% 25% Basic Industry Share 9% 10% Corporate Trust Shares 9% 10% Diversified Trust Shares (A)... 36% ... Diversified Trust Shares < . 31% 32% Diversified Trust Shares (C>.. 9% 9% First Investment Corporation.. ... 11% Fixed Trust Shares )A) 22% ... Fixed Trust Shares jB) 19% ... Investments Trust of N Y 13 Leaders of Industry 11% 12% No Am Trust Shares 9% 10% Power & Light Sec Trust 65 67 Revbarn Si Cos }J b Standard Oil Trust Shares 10 S W Straus Inv Units 52 58 Selected Amer Shares 8% 8% Trustee Std Oil Sh A 11 11% Trustee Std Oil Sh 8........ 11% 13n TT 8 Elec & Pow Shares A... 42% 44% XI 8 E’ec & Power Shares (B). 13 13%

Net Changes

NEW YORK. May 2—Closing prices and net changes on principal stocks traded on the New York s:ock exchange today were: Up. Off. Alleghany Corporation .... 254 ... 24 American Can 1364 ... 44 Amer & Foreign Power.... 804 ... 84 American Telephone 346 ... 24 Bethlehem Steel 944 ... 34 Byers 964 ... 74 Columbia Gas 75 ... 5 Consolidated Gas 123 ... 34 Erie <74 ... 4 General Electric 804 ... <4 General Motors 454 ... 1 Hudson <54 ... 4 International Telephone ..65 ... 64 National Power and Light., <34 ... 94 North Amer 117 ... 3 Packard 4 Radio Corporation ........ 554 ... 64 Radio Keith <l4 ... 24 Standard Oil of N J 764 ... .<4 Union Carbide 8< .... 1 U 8 Steel 176 24 farner Bros 674 ■ <4 estinghouse Electric 1744 ... #4 oolworth 624 ••• 4

New York Stock’s

—May 2 Railroad*— Prev. High. Low. Close, cUwse. Atchison 218 216 216% 219 All coast Line.. 165 163 l6b 162 Bait St Ohio 113 V. Ill'* 112 111 a Chesa St 0hi0..331 Vac 209% 208% 211 a Cbesa Corp 66 69 Cni Grt West..,. 14% 13% 13 a 1* Chl N West.... 8 1 80 80% 80 C R I Sc t 110 109 110 1 09V* Del L <Jc W 12b % 123 124% 123% Del Si Hudson..l72 168% 131 170% Erie 48% 47V* 47V* 48 Erse Ist p{d.... 62 61 Va 61'a 62 Great Northern. 89% 89% 89V* ... Gull Mod &OH 32-* 32V* 33 32% Illinois Centra! 129 128 129 ... Kan Citv 6o 74 75 Lou Si Nash ••• 12§,, M K St T 57 53 54 53 V* Mo Pacific 80’* 77 Va 77% 81/a N Y Central 171% i.68% 168 a 166% NY NH A H... .llO'/a 107% 107V* 110 Nor Pacific 79 V* 78% 78 V* 78 Norfolk Si West.23sV* 235 235 236 oSi W 13V*IIa Pennsylvania ... 77% 75% 77-* 75% Reading 112 110 V* 112 111 Seaboard Air L. 10V* 10 10 10/ So Pacific 119'* 117*. 119V* 117 a Southern Ry.... 106 102[% 10? 1/2 *2?, a St Paul 21% 20% 21 21V. St Paul pfd .... 34Va 31% 31% 34% St L Si H F 112 110 110 112V* Union Pacific . 220’* 219'* 220 319 * Wabash 51% 51 51 51V* W Maryland ... 27V* 24% 24'* 26.* West Pacific 33 Equipments— .... Am Car tc Pdy.. 54 52V* 52% 54 a Am Locomotive. 70' 69 69 70V* Am Steel Fd ... 44% 43 43% 45 Am Air Brake 8 • *s7* Gen Am Tank.. 107’. 106 107 107% General Elec ... 85% 79% 80% 84’-* Gen Ry Signal.. 90% 88% 88'* 90 Lima Loco 37 Man El Sup 53V* N Y Air Brake.. 42% 42% 42% ... Press Stl Car. 10V* 10 10 10% Pullman 79 76% 76Va 77 Westingh Ar 8.. 44V* 43’* 44 44 Westingh Eiec..133% 174V* 174% 183 Robbers— Firestone 23% 22% 23V* 23% Fisk 3% 3% Goodrich 41% 39 39333%9 3 % Goodyear 79 76 77V* 78Va Keily Sprgfid ..5 4% 4% 4% U S Ruooer .... 29 27% 28 28% Motors— Auburn 226 218V* 218V* 222'/* Chrysler 35% 34% 34V* 35% Granarn Paige 9% General Motors. 47% 45% 45% 46V* Hudson 46 45% 45V* ... Hupp 20 19 V* 19% 19 7 /* Marc 75 75% 73% 75 V. Marmon 24 23% 23% 23% Nash 45 44% 45 45% Packard 18% 17V* 17% 18V* Pierce -Arrow 27% ... Reo 11% 11% 11% 11% Studebaker 39% 37V* 39 38 Yellow Truck .. 29% 27% 27% 2Q% Motor Access— Am Bosch 39% 37 37 39% Bendix Aviation 43% 40% 40% 43V* Borg Warner ... 40 38',a 38V* 39% Briggs 21 19% 19V* 20V* Buuu Wheel .... 28% 27% 23% ... Eaton 28% El Storage 8..,. 73% 73 73 73% Hayes Body ... 13% 12% 12% 13'% Houda 20V* 20% 20% 20% Motor Wheel 27V* 27 V* Sparks-NobUtt 29% Stewart Warner 30 28V* 29 Timkin Roll ... 82 79V* 79% 80 Mining— Am Metals 41 Am Smelt 70% 68% 68V* 67% Anaconda Cop.. 60% 58% 59 59V* Cal & Heda 19% 18 18 18 V* Cerro de Pasco. 55 54 54% 53% Dome Mines 50'/* Freeport Texas.. 50% 47% 47Vi ... Granby Corp 32Va 31 31V* 32 Great Nor Ore.. 20V* 20% 20Va 20% Howe Sound 31 30% 31 30 Va Int Nickel 34% 31% 31% 34% Inspiration .... % 17V* 19V* 18 Kennecott Cop.. - <a 43% 44 44’/* Magma Cop 3 33 Vs 33% 33 Va Miami Copper.. 2 19 19 20 Nev CMons f. 19% 19% 19% Texas Gul Sul.. 6i 59 59 60% U S Smelt V . 29 29 29% Oils— Amerada 27% 26 27 28Vi Am Republic 38 Atl Refining 43% 41% 41% 43% Barnsdall 28% 27 27 28% Beacon 19*/* 18'/* 19% 19% Houston 104 V* 92 92 103% Ind Oil 26% 25% 25% 26>/a Indian Refining. 20% 19V* 19% 21 Lago Oil 24Va 24% 24% ... Mex Sbd 33'/* 29Va 30 33% Mid Conti 30’/a 29% 29Vi 30% Pan-Amer B ... 61% 60% 60V* 62% Phillips 42V* 39V* 39V* 42% Pr Oil Si Gas .. 48% 47% 48Va 47V* Pure Oil 25 24% 24% 25V* Richfield 25 24% 25 25*% Royal Dutch ... 54 53% 53Vi 53% Shell Un 23% 23 27 23Va Simms Pt 30% 30% 30% ... Sinclair 27V* 26% 27V* 28% Skeily 36% 35% 36 37 Standard of Cal 72 69% 68% 71% Standard of N J 80% 75V* 76V* 80% Standard of N Y 33V* 35 36% 38% Texas Cos 58V* 57 57 58’ Union Oil 46Va 46% 46Vi 46% Steels— Am Roll Mills.. 76% 73% 73% 76% Bethlehem 97% 96% 96% 87V* Bvers tA M 102% 96% 96% 103% Colo Fuel 59% 56 56 62 Cruc Steel 83’* 81 83% ... Ludlum 33 % 33% 33 Va 34 Midland 36 38 Newton 49% 50 Reoub ISi S 63% 61 61 64Vi U S Steel 180', 174 174 178% Vanadium 129% 120% 121 126V* Tobaccos— Am Sumatra ... 12% 12% Am Tob iB 245% 244 244 246% Con Cigars 49 General Cigar.. 54% 54 54% 54% Lorillard 24% 23 23 24 Vi Phil Morris 12% 12 12% 12% Reynolds Tob... 52% 51 61% 51% Tob Pr (B) .... 4% 4% 4V' 4Vi United Clg 6% 6% Utilities— Abitibi s. ... 33 Adams Exp 31 Vi 31 31 32% Am For Pwr ... 88% 60% 80V, 88V* Am Pwr & Li... 106*4 100% 100% 112% A T & T 249% 246% 246% 247% Col Gas Si El.. 80% 75% 75% 80% Com & Sou 18** 17% 17% 18V* El Pwr &Li 93% 79 79 92% Gen Gas (Al 15% 15% 15% 16 Inti T Si T 71% 65 65 71% Natl Pwr & Lt.. 53% 43% 43% 53% No Amer Cos ...119% 117 117 119V* Pac Gas Si El.. 68% 67% 67% 69% Pub Serv N J... 114 107% 107% 113*% So Cal Edison .. 67% 62V* 66 66% Std G & El 116% 115 115 120 United Corp ... 47% 42% 44 47*4 Ut Pwr Si LA.. 43 s , 39V* 39 ’ i 43% West Union ....177% 175 177% 177% Shipping— Am Inti Corp... 46% 41% 41% 48% Inti Mer M pfd. 26*a 26% 26V* 28% United Fruit 94% ... Foods— Am Sugar .. ... 61% 62% Armour A 6*/ 6% 6Vs 6% Beechnut Pkg .. 63 61 61 Cal Pkg 71 Vi 72 Can Dry 64% 64 64 % 63% Childs Cos 3Vi 60V* 60% 64V* Coca Cola 180% 176 176%! 176% Cont Baking A.. 32’* 31% 31% 32% Corn Prod 101% 101% 101% 103 Cudahv Pkg 43 42 43 Gen Foods 60 57Vi 58 60 Grand Union ... 17% 16% 17 16% Hersev 101 % 98% 98*i 102% Jewel' Tea 60% 59 59 60% Kroger 32** 31V* 32% 32% Nat Biscuit 84 83% 83% 84% Pillsburv 33 32% 32% ... Safeway St 90% 88% 90% 89 Std Brands 29% 29 24 24% Ward Bkg 11% 11% 11% 11% Drugs— Cotv Inc 29% 28% 28% 29% Lambert Cos 101’* 100'* 100% 101 Lehn & Fink ... 30% 29’* 30% 31 Industrials— Am Radiator ... 33% 33 33% 33% Bush Term .... 42 41% 41% ... Certainteed 11% 11 Gen Asphalt ... 59 56V* 56% 58*/a

Indianapolis Stocks

—May 2 Bid. Ask. Amer Central Life Ins C0...1,000 Belt R R 8b Yds Cos com 61 634 •Belt R R & S Yds Cos pref. 56 60 Bobbs-Merrlll Cos 30 334 Central Ind Pow Cos pfdL.... 92 94 Circle Theater Cos com 1054 ... Citizens Gas 27 Citizens Gas pfd 96 99 Commonwealth L Cos p( 74.... 97 1014 Commonwealth L Cos pf 84 ... 99 Hook Drug Cos com new 234 26 Ind Hotel Cos Clavpocl com... 125 Indiana Hotel Cos pref 101 Indiana Service Corp pref... 83 Indianapolis Gas Cos common.. 57 61 Indpls Power & Lt Cos pfd....1034 106 Indpls Pub Wei Loan Aa com 53 Tndpls St Rv Cos pfd 10 Indianapolis Water Cos pfd... 98 •Interstate U S Cos pr 64 L pf 894 93 Interstate P S pr 74 pfd 101 104 Metro Loan Cos 984 ... •Northern Ind P 544 co pfd 914 9<4 •Northern Ind Pub 64 co pfd. 99 1034 •Northern Ind Pub 74 co pfd. 106 Progress Laundrv Cos com... <6 484 E Raub & Sons Per Cos pfd... 44 Real Silk Hosiery M Inc pfd.. 100 Shareholders Investors C 0... 244 ... Standard Oil Cos of Ind 554 ... •Terre Haute Trac L Cos pfd 69 Union Title Cos common 43 484 Van Camp Prod Cos Ist pfd. .. 98 Van Camp Prod Cos 2nd pfd .. 98 •Ex-Dlvi'^end —Bonds— Belt R R - Stock Cos 5s 91 Broad Ripple 32 ... Central Inciana Gas Cos 55.. 99 Central Inc! Power Cos 65... 994 ... Citizens Gas Cos 5s ...102 Citizens Street Railroad 5s .. 39 43 ; Garv St Rv Ist 5s 65 Home T & T of Ft Wavne 65.1014 ... I Ind Northern Trac Cos 5s ... 3 5 Ind Rv & Lieht Cos 6s 97 Indiana Service Corpn 55.... 88 Indpls Power Si Light Cos ss. 98 100 Indiana Union Trac Cos 5s 7 i Indpls Col &Cos Trac 6s 954 ... Indianapolis Gas Cos 5s 99 ... Indpls Mart Rapid T Cos 5s Indpls No Trac Cos 5s 104 144 Ir.dols North Western Cos 5s Indpls Street Ry 4s 32 40 Indpls Trac Ter Cos 5s 91 934 Indpls Union Ry 6s 1004 ... Indpls Water Cos 54s 102 103 4 Indpls Water Cos 5* 85 Indpls Water Cos lieu & ref. 944 Indpls Water <4s 934 ... Indpls Water W Sec Cos 5s ... 85 ... Interstate Pub Berv Cos <4a.. 91 ... No Ind Pub Serv Cos 5s 984 Interstate Pub Serv Cos 445... 914 ..2 No Ind Pub Serv Cos 5s 100 ..i No Ind, Telegraph Cos 6s .... T H In* & East Trac Cos 5... 85 T H Tra* Light Cos 5s M Union Trie of Ind Cn 6s 174 B 2 I —Sales—> M Indpls GaS Cos 5s 1 bond at 92

(By Thomson St McKinnon)

Lehigh Port 39 Otis Elev 71% 70', 70% 71 Indus Chems— Allied Chem ...317 304% 304*. 323 Com Soiv 31% 29% 29% 31% Union Carb 88V* 84 84 89% Retail Stare,— Assoc Dry Goods 44% 43% 43’* 44*4 Glmbel Bros 17% 16% 16% 17% Kresge S S 31V* 31 31 31V* Mav D Store... 55 54*a 54% 54 Mont W'ard 45% 42,% 43 43% Penny J C 70 67 67 70 Va Schulte Ret St 9 Sears Roe 87 85 85 86% Woolworth 64% 63% 63% 64% Amusements— Bruns Balke 19 19% Col Graph 32% 29 29 32% Croslev Radio... 17 15% 15% ... Eastman Kod ..243 230% 230% 242% Fox Film A 52% 50% 51% 52** Grigsby Gru... 24% 21% 21% 24 i Loews Inc 91 87% 88 91% Parara Fam .... 71 68% 68% 70-) Radio Corp... 68 55% 55% 62% R-K-O 44% 41 41% 40% Schubert 32 29 * i 29% 34% Warner 8r05.... 74% 66% 67% 72 Miscellaneous— Airway App 31% 31% 33 City Ice Si Fu.. .. ... 43*a 44 Congoleum 16% 15% 15% 16% Am Can 147 136% 136% 141% Cont Can 66% 64% 65 65% Curtiss Wr 12% 12 12 12% Gillette S R 86% 84 84% 85 Real Silk . 56 52 52% 55% U S Leather A 21% 21 Vi

Business — and — Finance

CHICAGO, May 2.—April sales of Montgomery Ward & Cos. increased 10.21 per cent over April, 1929. to a total of $23,776,430, it was announced here Thursday. In the four months ended April 30, 1930, sales were $81,145,499, against $80,974,097 in the corresponding period of last year, an increase of 0.21 per cent. The Amerada Corporation announces the completion of anew well. Gates No. 1, In the East Earlsboro field of Oklahoma, owned Jointly with the Wilcox Oil and Gas Company. The well was brought in from a depth of 4,180 feet In Wilcox sand, flowing at an initial rate of 1,100 barrels daily. Operating subsidiaries of Associated Telephone Utilities Company here Increased their 1930 development program In Indiana to approximately $197,103 through the addition of projected improvements to the company's properties In this state. At the same time the company has budgeted an expenditure of approximately $5,000,000 for projected improvements to central west, eastern and west coast properties. Count Giuseppe Volpi dl Misurata, president of the European Electric Corporation Limited, has been elected to the Board of Directors of Societe Financiere de Transports et d’Enterprises Industrielles, ‘'Sofina'’ which is one of the largest public utility bolding and financing companies outside of the United States. The election of Count Volpi is loked upon as indicating closer cooperation between “Sofina,” a dominating factor in the foreign utility field with large European credit resources behind it. and the European Electric Corporalooked upon as indicating closer co-oper-American banking and public utility interests, and which has at its disposal the American investment market.

Produce Markets

Eggs (country run I—Loss off. delivered in Indianapolis. 20c; henery quality. No. l 22c; No. 2. 12c. „ , . , Poultry (buying prices)—Hens, weighing 4% lbs. or over. 22c; under 4% lbs, 22c; Leghorn hens, lac: springers. 4 lbs, or over. 21c: under 4'% lbs, 21c: broilers. 1930 25c: old cocks. 12@15c; ducks, full feathered, fat. whites. 12c: geese. 10c. These prices are for No. 1 top quality aucted by Kingan & Cos. „ * Butter (wholesale)—No. 1. 42@43c; No 2. 40@ 41c. Butterfat—39c. Cheese (wholesale seffmg price per pound)—American loaf. 31c: pimento loaf. 33 Wisconsin firsts. 27c; Longhorns. 34c; New York limberger. 36c. Bu United Press „ ~ . NEW YORK. May 2.—Flour—Dull and lower; spring patents, $5.6005.70. Pork— Steady; mess, $32. Lard—Firm; middle west spot, $10.600 10.75. Tallow—Easier; special to extra, 6@6%c. Potatoes—Weak and lower; Long Island, [email protected]; southern, $3.75 08: Maine. $4.35®5.60. Sweet Dotatoes —Easier; southern baskets, 60c® $2.50; Jersey baskets, 50c®58.25. Dressed poultry—Firm; turkevs, 250 42c; chickens, 170 34 c; capons, 30®. 44c; fowls, 15@31c; ducks. Long Island, 22c. Live poultry—barely steady; geese, 13® 18c; ducks, 140 24c; fowls, 25®29c: turkeys, 20® 30c; roosters, 12@13c; chickens, 25c; capons, 30045 c; broilers, 38® 43c. Cheese—Easy; state whole milk, fancy to specials, 24® 26c; Young America, 21@25c. Bu T r nitrd Press CHICAGO. May 2.—Eggs—Market, weak and unsettled; receipts, 31.240 cases; extra firsts. 23'%®24c: firsts, 22®22%c; ordinaries, 21c; seconds. 19%c. Butt—Market, weak and unsettled; receipts, 10,299 tubs; extras, 36c; extra firsts, 34%@35%c; firsts, 32®34c; seconds, 30%®31c; standards, 36c. Poultry—Market, weak; receipts, 2 cars; fowls, 21 %c; springers, 30c; Leghorns, 21c; ducks, 22®23c; geese, 15c; turkeys, 20®25c; roosters, 14c; broilers, 35@38c. Cheese—Twins, 18'%@19c; Young Americas, 20c. Potatoes—On track, 245; arrivals, 43; shipments, 725; market, old stock, dull; Wisconsin sacked Round Whites, 52.8503: Minnesota sacked Round White, $2.7002.80; Idaho sacked Russets, $3.4003.65; new stock, weak; Texas sacked Bliss Triumphs, mostly $4.60. Bu United Press CINCINNATI. 0.. May 2.—ButterSteady; creamery in tub lots according to score, 390 40c; common score discounted 2@>3c; packing stock No. 1. 27c; No. 2, 22c; No. 3,17 c; butter fat, 36@39c. Eggs— Steady; cases Included; fresh gathered, 22%c; firsts, 22c; seconds. 20c; nearby unfraded. 22c; duck eggs, 23c; goose eggs, oc. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over, 22c; 4 lbs. and over, 22c; 3 lbs. and over. 22c; Leghorns, 3 lbs. and over. 21c; roosters. 13c; 1930 broilers, over 2 lbs., 36c; colored broilers, 1% lbs. and over, 32c; 1% lbs. and over, 28c; Leghorn and Orpington broilers, 1% lbs. and over, 31c; IV* lbs. and over, 26c; broilers, partly efathered, 24®26c; black springers. 24c.

New York Bank Stocks

—May 2 Chase National 164 165 Eauitable 130% 131 Vi City National 314 316 Guaranty 810 812 America 139 140 Bank of United States .... 70 70% Central Hanover 390 353 Chemical 80% 81 Continental 523 530 Empire 91 93 Interstate 52 52% Manhattan Sc Cos 138 139% New York Trust 304 307 Bankers 173 174 Brooklyn Trust 870 880 Chatman Phenix National.. 133 135 Corn Exchange 221 224 First National 6.275 6.300 Irving 62 63 Manufactures 137 139 Commercial 523 530 Public 151 152

—Mav 2 The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b. shipping point, basis 41 %c New York rate, were:

Wheat—Steady; No. 2 red. [email protected]; No. 2 hard. 94® 96c. Corn—Easv; No. 2 white. 76@77c: No. 3 white. 75 0 76c: No. 2 yellow. 73® 74c; No. 3 yellow. 720 73c: No. 2 mixed. 71@72; No. 3 mixed. 69®79c. Oats—Steadv: No. 2 white. 38®39c; No. 3 white. 37®38c. Hay if. o. b. country pMnts taking 23%c or less rates to Cincinnati or Louisville) No. 1 timothy, sl4: No. 2 timothy. sl3: No. 3 timothy. $11.50: No. 1 light clover mixed. $12.50; No. 1 clover mixed, $11.50; No. 1 clover hav, $lO. —lnspections Wheat—No. 2 red. 2 cars: No. 3 red, 2 cars: No. 2 mixed. 4 cars. Total. 8 cars. Corn —No. 2 white. 2 cars; No. 3 white, 2 cars: No. 4 white. 1 car; No. 2 yellow, 14 cars: No. 3 yellow, 10 cars; No. 4 yellow. 1 car; No. 5 yellow. 2 cars; No. 6 yellow. 3 cars: sample yellow, 1 car; No. 2 mixed. 1 car: No. 3 mixed. 1 car; No. 4 mixed. 1 car. No. 6 mixed. 1 car; sample mixed. 1 car. Total. 41 cars. Oats—No. 2 white. 4 cars; No. 3 white. 3 cars. Total. 7 cars.

Local Wagon Wheat

City grain elevators are paying 95c for No. 2 red wheat and 89c for No. 2 hard wheat NEW YORK COFFEE RANGE High. Low. Close. January 7 94 7.94 7.94 March 7 86 7.80 7.54 Mav 7.75 7.70 7.70 Jul rr 8.39 8.35 8.35 September 8.16 8.07 8.14 December 7.98 7.95 7.98 RAW SUGAR PRICES High. Low. Close. January 1.70 1.61 1.67 March 176 1.71 1.72 May 156 1.5 l 1.53 July 1-54 1.5d 1.50 September 1.60 1.5 R 1.57 December ............. 1.6 1,65 j 1-65

Cash Grain

. THE INDIANAPOLIS TIMES

STRONGER TONE BOOSTS PORKER TRADEAT PENS Higher Trend Displayed by Cattle Market; Sheep Unchanged. April Bulk. Too. Receipts. 26. $10.25 $10.25 3.000 27. 10 25 10.35 5.000 28. 10.25 10.35 6,000 29. 10.25® 10 35 10.35 6.500 30. 10.004110.25 10.25 6.000 May 1. 10.00®10.15 10 25 5.500 2. 10.25® 10.40 10.40 4.000 A favorable reaction from the lower tendency of the last few days carried hogs 25 cents higher in this morning's trade at the city stockyards. The bulk. 150 to 275 pounds, sold for $10.25 to $10.40, top price being $10.40. Receipts were estimated at 4,000, holdovei were 646. Slaughter classes were steady In the cattle mart. Receipts were 400. Vealers showed a decidedly stronger trend with prices up 50 cents in some instances. Veals sold mostly at $10.50 down. Top price was sll. Calf receipts were 700. The sheep market held strong with the bulk on direct or through billings. Receipts were 1,100. Chicago hog receipts were 16,000, including 8,000 direct. Holdovers were 6,000. Numerous bids and a few sales were recorded at 10 cents higher than Thursday’s average. Choice 170 to 230-pound weights brought $lO.lO to $10.25; 260 to 270pound averages $10; 280-pound weights $9.90. Cattle receipts were 1,500, sheep 15,000. —Hogs— Receipts, 4,000; market, steady. Heavies. 300 lbs. up $ 9.75® 10.25 250-300 lbs [email protected] Med. wts.. 225-250 lbs 10.40 220-225 lbs 10.40 Light wts.. 160-200 lbs 10.40 Light lights. 130-100 lbs [email protected] Light wts., 160-200 lbs 8.75® 9.25 Packing sows 8.250 8.75 —Cattle— Receipts. 400; market, steady. Beef steers. 1.100-1,500 lbs., good and choice [email protected] Common and medium [email protected] Beef steers. 1,100 lbs. down, good and choice 11.50 0 14.00 Common and medium [email protected] Heifers, 850 lbs. down, good and choice 10.50012.00 Common and medium 6.00® 10.50 Cows, good and choice 7.75®> 9.00 Common and medium 6.25® 7.75 Lower cutter and cutters .... 4.50@ 6.25 Stocker and feeder steers, good and choice [email protected] Common and medium [email protected] —Vevlers— Medium and choice $ [email protected] Medium and choice $ 7.50 0 10.50 Cull and common 5.00@ 7.50 —Sheep— Receipts, 1.100- market, steady. (Shorn basis.) Lambs, good and choice $ 8.50® 9.00 Common and medium 7.00® 8.50 Spring lambs 10.00 0 15.00 Ewes, medium to choice .... 3.50© 5.00 Cull and common 1.50® 3.50 Other Livestock Bu United Press CHICAGO. May 2.—Hogs—Receipts. 16,000; including 8,000 direct; mostly 10®) 15c higher, active at the advance; top, $10.30: bulk, good to choice. 160-300-lb. weights. $9.85® 10.30; choice. 320-lb. weights. $9.80: butchers, medium to choice, 250-350 lbs.. $9,656® 10.15; 200-250 lbs., [email protected]; 160-200 lbs.. [email protected]; 130166 lbs.. $9.60® 10.30; packing sows. $8.85® 9.50; pigs, medium to choice, 90-130 lbs., $8.75® 10. Cattle —Receipts, i.500; calves. I. slow, steady; lower grades predominating: not much action on she stock, especially cutters, this class selling largely at $4.75@6: with light low cutters as low as $4.50; slaughter classes, steers, good and choice. 1300-1500 lbs.. [email protected]; 1100-1300 lbs. [email protected]; 950-1100 lbs.. [email protected]: common and medium. 850 lbs. up. $8.50@12; fed yearlings, good and choice. 750-950 lbs., sll® 14; heifers, good and choice, 850 lbs. down. $10®12.75; common and medium, $7.50010: cows, good and choice. $7.50@10; common and medium. [email protected]; low cutter and cutters. $4.50® 6.25; bulls, good and choice, beef, [email protected]: cutter to medium, [email protected]; vealers. milk fed. good and choice, $8.50© 11. medium. $7.5008.50; cull and common. [email protected]: stockers and feeders, steers, god and choice, all weights. [email protected]: common and medium. [email protected]. Sheep— Receipts. 15,000; nothing done, talking steadying to strong: indications bulk wooled lambs, [email protected]; best held above. $11: shorn around $9.2509.75; shorn ewes. $5.75 down: native springers, at $13.25; lambs, good and choice. 92 lbs. down. $9679.85; medium. [email protected]; cull and common. [email protected]: medium to choice, 92-00 lbs. down. [email protected]; ewes, medium to choice. 150 lbs. down, $4&5.75; cull and common. [email protected]. Bn United Press PITTSBURGH, Pa.. May 2—Hogs—Receipts. 1.800; market, steady; 150-220 lbs., [email protected]; 230-250 lbs.. [email protected]; 260-300 lbs., $10010.25; cows. $8.50@9. Cattle—Receipts, 25; market, unchanged. Calves—Receipts. 125: market, strong to 50 cents higher; top vealers, sl2. SheepReceipts. 500: market, strong to 25 cents higher: clipped lambs, mostly [email protected]; around 90-lb. wooled lambs. $10.75; few springers. $13®15. nil Times Svecial LOUISVILLE, Mav 2—Hogs—Receipts, 500; market 15c higher: 300 lbs. up. $8.50; 25-300 lbs.. $9.55; 165-225 lbs.. $10.15; 130165 lbs.. $9.35; 130 lbs. down. $7.53; roughs, $6.80; stags. $6.20. Cattle—Receipts, 100; market steady; prime heavy steers, [email protected]; heavy shipping steers $9.50©10.50; medium and plain steers. $8.50 @9.50; fat heifers. $7.50@11: good to choice cows. $6.2508; medium to good cows, $5.2506.25; cutters. $4.75©5.25; caners, [email protected]; bulls, s6@B; feeders. $8 @10.75; stockers. $7.50@11. Calves Receipts 200; market steady; tops. $8.50; good to choice. $6.50 0 8.50: medium to good. $5 0 6.50; outs. $4.50 down. SheepReceipts, 100: market steady; fed ewes and wethers, $909.50: buck lambs. $808.50; seconds, [email protected]: sheep. [email protected]. Thursday’s shipments: Cattle, 48; calves, 155; hogs. 337; sheep. 73. Bu United Press CINCINNATI. 0.. May 2—Hogs—Receipts. 3,900. including 1,100 direct; held over 280; active 15025 c higher; bulk, good and choice. 170-230 lbs., $10.50; less desirable down to $10.25; around 240 lbs., $10.35: desirable 250-270 lbs., $10.35; 300 lbs., $10; most 120-160 lbs.. $10010.25; according to weight and quality; pigs. 90-110 lbs.. $8.750 8.50; bulk sows, $3.50®9. Cattle—Receipts. 200; calves, 300; slaughter steers and heifers slow, weak to 25c lower: spots off more; better grades showing decline; other cattle barely steady; desirable 600-700 lbs., butcher heifers, yearlings, $10.75© 11.50; common kinds around $9 down; beef cows listed s7@B: a few $8.50; low cutters and cutters [email protected]; sprinkling of bulls. s7@B; vealers, uneven, opening steady to 50c higher; closing mostly steady common and strictly choice grades most active: good and choice, $10.50 @11; bulk common and medium, s7@9; mostly $8 @9. Sheep—Receipts. 125; choice around 50 !b. springers around sls; heavier kinds down to sl3 and under; medium trades around $11; common springers sß© .50; choice light ewes $5; common sheep $3 down. Bu United Press TOLEDO. 0.. May 2—Hogs—Receipts. 300: market, 10© 15c higher; heavies $9.50 @9.75; mediums. $10010.15; yorkers, $9.50 09.60; pigs. [email protected]. Cattle—Receipts. 100: market, steady. Calves—Receipts, light; market, steady. Sheep—Receipts, light; market strong. 3u United Press EAST BUFFALO. N. Y., May 2.—Hogs— Receipts. 2.500; holdovers. 100: weights above 150 lbs, 15c to mostly 25c lower; bulk. 160-240 lbs, $10.75: few $10.80©10.85; 250-280 lbs, [email protected]; weights below 150 lbs, steady. *10.50; packing sows, s9® 0.50. Sheep—Receipts. 3.000, lambs active, 25 0 50c higher; good to choice clippers. 90 lbs. down. $9.75# 10; 93-fb. i weights, $9.50: common and medium. $6.25 I ©9; few medium spring lambs, $12.50. Bu United Press EAST ST. LOUIS. 111, May 2 —Hogs— Receipts. 9.000: market. 10©15c higher; bulk. 160-250 lbs, $10.10; top. $10.25; sows. $8 850 9. Cattle—Receipts. 600; calves, receipts. 500; market, vealers steady at $10.25; only odd lots of other classes on sale, generally steady. Sheep —Receipts. 600; market, steady: good to choice clipped lambs, $9.25; few to city butchers, $9.50. Bu United Press _ _ CLEVELAND. May 2 —Hogs—Receipts, 1.000: holdovers, none, steady to 10c higher 150-210 lbs, $lO 500 10.60 : 220-2 10 lbs, $10.40010.50; 250-300 lbs, $1.25; $1; rough sows. $8.50; stags. $6.50. Catl e —Receipts. 100; slow, about steady; ioal common steers. $9.25: scattered low cutter to good cows. $4 5C©7.75; calves, receipts. 150: mostly steady; bulk vealers, sl2 down, but strictly choice kinds scarce; inbetween offerings fairly numerous around $9.50© 11; cull and common. s6©B. Sheep—Receipts, 600: Ann; bulk butcher choice lambs. S9O 9 25: medium kinds quoted $8 down; desirable fat ewes quoted $5 and under.

Chicago Stocks i ßy James T. Hamill & Co.'

—May 2 TOTAL SALES, 430.800 SHARES High. Low. Last. Adams Mfg 30% 30V* 30* Allied Motor Ind 15 Amer Equities 18% 18 18 Art Metal Works 21% 20% 20* a Associated Apparel .... 36’* ... Assoc Telephone Util.. 25% 24*2 24*2 Atlas Stores 35 Auburn Automobile ....225 215 218 Banco Kentucky 23 Bendix Aviation 43% 41', 41% Binks Mfg 26% 26 26 Borg W’arn#r 40 38*2 39 Brown Fence & W "A'' 26 25% 25% Brown Fence & W “B" 24% Burnham Trading ctfs. 14% 13% 14% Butler Bros 10% ... Castle A M 64 62% 64 Ceco Mfg Cos 16% Cent 111 Securities 29 Cent Pub Serv Cl “A'. 40% 4040 Cent & S West 28% 27% 27% Chi City Si Con Rys pfd 14’* .. Chicago Corp 14% 14 14 Chicago Corp pfd 41% 41 41% Cities Service 40% 37% 38% Club Aluminum 5% 5% 5% Commonwealth Edison. 320 305 305 Construct Materials ... 20 Construct Materials pfd. 44 43 * a 43*2 Continental Chicago ctf 23 21% 21% Cord Corn 13 12% 12% Corp Securities 27% 27% 27% Chi Conti pfd 46 45% 45% Electric Household 53 49 51 Oen Theater Equip .... 48% 47% 48 Grtgsbv-Grunow 24 21% 21% Harnlsehfeeer 29 Houdaille-Hcrshev A.... 24*4 Houdiplle-Hershev B 20% 19% 20 Insull Util Invest 68% 68 68 Ins Ut Inv pf ex-war ... 95 *4 In Ut I pf 2d sr bd 6% 108% 107% 107% Iron Fireman 24% 24 24 Jefferson Elec 51 49% 50 Kellogg Switch com 6 Ken-Rad Tube Si Lamp 13 11% 12% Llbby-McNeil 18% 17 17% Lion Oil Refining C 0... 26 Lvnch Glass Machine... 25% Manhattan-Dearborn... 38% 37% 38 Merchants & Mfrs A., 35% 33’4 33% Mid West Utiltles new 35% 34% 34% Midland United 28% 28V* 28V* Mid pfd 45*4 44V* 44% Mid warrts 3% 3% 3% Majestic Hou 48*4 45 45 Muskegon Motor Spec. 22 20% 22 Natl Elec Pwr A 32% 32 32% Natl Repub Inv 48*4 47% 47% Natl Secur Invest .... 21 National-Standard .... 37% 36 36 North Amrelcan Car ..50 49 49 N Amer Light & Power 78 74% 74*/4 N& S Amer Corp 21% 21<* 21% Ontario Mfg 33 Pacific Pub Service A.. 34 Parker Pen 37'% 37% 37% Perfect Circle 39% 38*2 39% Pines Winterfront .... 35 Ross Gear 33% 33 33% Steinite Radio 1% 1% I’/* Stone H O & Cos 21% 19 20% Super Maid 41% 4040 Swift & Cos 30% 30 30'/* Swift International ... 33% 33'/* 33'/4 Unit Corporation 20 U S Radio & Tel 15% 15 15 Utah Radio 8% 8% 8% Utility & Ind 19% 19 19 Utility Si Ind pfd 25% 25% 25% Wextark Radio 12% 11 11'/* Winton Engine 61% 60% 60% Zenith Radio 13'/* 13 13

In the Cotton Market

(Bv Thomson & McKinnon) NEW YORK. May 2.—The tone of the cotton market was easy at the opening this morning, and shortly thereafter commission houses turned heavy sellers to the new crop months. There was casual selling of July also, but the volume was not of a character to suggest any change in the co-operatives position. The task ahead of the shorts in this month is a serious one and involves relinquishing very desirable cotton is the way of staple. We see very little that the farm board can do in the matter. To relieve the mills of their short hedges would, in all probability, cause a severe break in the market and undo any part of their plan to stabilize values already accomplished. It may be that taking over the co-operative position was done in haste; once done, it has become necessary to go through with it. Following out this line of thought, it appears that July cotton will sell higher. As the new crop, it looks cheap in comparison with last year’s price and also from a production cost. NEW ORLEANS High. Low. Close. January 14.75 14.75 14.75 March 14.85 14.84 14.85 May 16.10 15.90 16.04 July 16.22 16.03 16.14 October 14.65 14.53 14.60 December 14.65 14.52 14.58 NEW YORK High. Low. Close. January 15.10 15.02 15.05 March 14.95 14.83 14.92 Mav 18.45 16.31 16.38 July 16.57 16.40 16.50 October 14.94 14.87 14.88 December 15.05 14.96 14.96 CHICAGO High. Low. Close. May 16.10 16.03 16.08 July 16.25 16.10 16.16 October 14.78 14.60 14.68 December 14.38 14.78 14.80

On Commission Row

FRUITS Apples—Basket: Baldwin. $2®2.50; Stayman, s2®3; Winesaps, $3.25; Northern Spy. $2.25; Ben Davis. $2.25: Boxes; Delicious. [email protected]; Stayman. [email protected]; Winesap, $2.7503.25. Barrels: Baldwin, S6O 6.50; Ben Davis, $5.50: Winesaps, s7@ 8.50. Grapefruit—Florida. s6@7 a crate. Grapes—California. Emperor, kegs, $6.50. Lemons—Fancy California. [email protected]; Imported. Messina. [email protected]. Limes—Florida. $2.50(83 a 100; Dominican. $3. Oranges—Florida, $608.50; California, naval. ss@9 a crate; Valencia. $6.25@8 a crate. Pineapples—Cuban, $5. Strawberries—Louisiana, 24-pint crate. $5®5.50: Alabama, 24-pint crate. SB. Pears—Avocado, California, $7 a dozen: D’Anjou. 54.7505 a box. VEGETABLES Artichokes—California. $1.2501.75 a dozen. Asparagus—California and Georgia. 45c a bunch. $3.5004 a case. Beans—Texas striugless. $4.50 05.50 a hamper. Beets—Texas, new. $3.5004 a crate; Indiana, $2 a bushel. Cabbage—Texas, new. B@B%c a pound. Carrots—California. $3.75®4 a crate; Texas. $3; Indiana, $1 a bushel. Cauliflower—Western. $2.2502.40 a crate. Celery—Florida, $4.25 04.75 a crate. Cucumbers Hothouse. $1.8502.25 a dozen. Eggplant—Southern, $1.2502 a dozen. Kale—Eastern, $1.75 a bushel. Lettuce—California, Iceberg. $3.50 a crate; hothouse, SI.BO a 15-pound basket. Onions—Colorado Spanish, $2 a crate: Indiana yellow. $1.65 a 60-pound bag; white. $2 a bag; green, home-grown. oOc dozen; new Texas yellow Bermuda. ss.so Parsley—Southern. 50c dozen bunches. Parsnips—lndiana. $1.35 a bushel. Peas—California. $5 a crate. Peppers—Florida. $6.50 a crate. Radishes—Hothouse, buttons. 85c dozen bunches; southern long red. 25c; Arkansas. three dozen bunenes. $1.50. Rhubarb—Hothouse, 5-pound bunch. SX; California. 40-pound box. $3.50. Spinach—Texas. $1.25 a bushel. Tomatoes—Florida. $506 a crate; Mexican. 10-pound box. $2. Turnips—lndiana. $3; new. $4. Potatoes—Michigan round whites, *s@ 5.25 a 150-pound bag: Colorado Russets, $4.50 a 100-pound bag: Red River Early Ohios, [email protected] a 120-pound bag; new Florida Cobbler, $3 a 50-pound namper: Texas, $6 a 100-pound bag. Sweet Potatoes—Tennessee. $2.25: Louisiana Golden Glow, $2.75. Legal Notices NOTICE TO CONTRACTORS CONSTRUCTION OF EXTENSION OF POGUE'S RUN INTERCEPTOR FROM RURAL STREET AT NOWLAND AVENUE TO DENNY STREET AT NINETEENTH STREET. SANITARY DISTRICT OF INDIANAPOLIS Indianapolis, Indiana, May 1. 1930. Sealed proposals will be received by the Board of Sanitary Commissioners of the Sanitarv District of Indianapolis at its office. Room 103. City Hall, Indianapolis, Indina. until 10:00 o'clock a. m.. on May 27. 1930. at which time bids will be publicly opened and scheduled and awards made as 'soon thereafter as practicable, for the construction of the extension of Pogue's Run Interceptor from Rural street at Nowland avenue to Denny street at Nineteenth street, in accordance with plans and specifications therefor on file and open to examination at the office of said board. As required by statute, each bidder must file with his bid a noncolluslon affidavit and a certified check, payable to the order of the Board of Sanitary Commissioners, In an amount not iess than 2% per cent of the amount of his bid, to insure the execution of the contract for which such bid is made. The board reserves the right to reject a BbARD a OF bI< SANITARY COMMISSIONERS. SANIT4RY DISTRICT OF INDIAPOLIS. By B. t. T. JEUP. President. O. C. BOSS Vice President. A. H. MOORK. ' i/1

WHEAT CLOSES UNEVENLY OFF IN DULLTRADE Buying Checks Corn Decline; Foreign Cables Fail to Affect Trade. Bu United Press CHICAGO, May 2.—Wheat closed unevenly on the Board of Trade today in a dull, desultory session. Private estimates were unanimously lower and slightly bullish, but h#a no effect. Extreme weakness in corn caused some declining, but selling was held in check by fair buying. May corn was off sharply carrying the deferred months with it. Oats was unevenly steady with wheat. At the close wheat was % cent lower to Vt cent higher, corn was % to 1 cent lower and oats was % cent lower to Vi cent higher. Provisions were sharply higher. Remaining steady in a dull market, Liverpool closed Vi cent lower to % cent higher, scarcely moving at any time during the day. Buenos Aires failed to move during the morning and was V 6 to % cent down just before noon. The winter wheat crop was estimated between 540,000,000 and 547,000,000 bushels, about 40,000,000 bushels under a year ago. Cash prices were unchanged. Receipts were six cars. Corn eased slightly with meat, but was steady to only a minor fraction off at midsession. The traders are awaiting developments. Receipts were not large, but the shipping demand improved with sales of 140,000 bushels during the morning'. Cash prices were unchanged to Vi cents higher. Receipts were 154 cars. Oats showed no change of any significance during the morning and at midmorning was unevenly steady in a very dull market. Cash prices were unchanged. Receipts were fiifteen cars. Chicago Grain Table —May 2 WHEAT— Prev. Open. High. Low. Close. Close. May.. 1.01% 1.08% 1.01% 1.01% 1.01% July.. 1.04'/* 1.04'% 1.03% 1.03% 1.04'/* Sept.. 1.08 I.oß*/* 1.07V* 1.07'% 1.07% Dec,. 1.12'% 1.13 1.12 1.12'% 1.12% CORN— May.. .79% .80'/* .78% .78% .79% July., .81% .81% .80% .80% .81% Sept.. .83% .83% .82 .82'/* .83'/* Dec,. .77% .77% .76% .76% .77'% OATS— May.. .41 .41% .40% .40'% .401% July.. .41 .41 .40'% .40% .40% Sept.. .40% .40V* .40% .40% .40% Dec,. .43 % .43'% .43% .43'/* .43% RYE— May.. .58% .58% .58 .58V* .58 July.. .63% .64 ,64V* .63'% .63% Sept.. .68'/* .68% .67% .68 .68% Dec,. .72'/* .73 ,' T 2 .72'/4 .73 LARD— May. 10.27 10.37 10.27 10.35 10.20 July. 10.47 10.55 10.47 10.50 10.40 Sept. 10.67 10.77 10.67 10.75 10.62 BELLIES—. May 14.00 nominal nominal 14.00 13.60 July. 13.62 13.77 13.62 13.77 13.47 Sept. 13.75 13.80 13.75 13.80 13.60 BjZ Times Special CHICAGO, May 2.—Carlots—Wheat, 14; corn, 221; oats, 34, and barley. 12. Bu United Press TOLEDO, O. May 2.—Grain close: Wheat No. 2 red. $1.08%@1.10%. CornNo 3 yellow, 83%@84'%c. Oats—22®Bsc, 45'%® ; 47'%c. Rye—No. 2,85 c. Barley—No. 2,63 c. Clover—Domestic cash new, $11.75; prime choice sl2; October. sl2: December. $12.80. Alslke—Cash. sll. Timothy—Cash new. $3.70 Butter—36©4lc. Eggs, 21© 23c. Hay. $1.25 cwt. CHICAGO. May 2.—Cash grain close: Wheat—No. 5 hard. 85c; sample grade hard. 85c; No. 1 northern. $1.00%@1.01; No. 2 mixed. 99%c. Corn—No. 2 mixed, 79Vi@80%c: No. 3 mixed. 78Vi®78%c; No. 5 mixed. 78c: No. 1 yellow, 80%@81c; No 2 yellow, 79'%®81c: No. 3 yellow, 77® 79'%c: No. 4 yellow, 76@ 77%c; No. 5 yellow. 76%@77'%c; No. 6 yellow 70©76%'c; No. 2 white. sl@B2'4c; sample grade, 56® 70c. Oats—No. 2 white. 41%©42%c; No. 3 white. 41%©42'Ac; No. 3 white. 40% 041 Vic; No. 4 white. 40c. Rve—None. Barley. 57®62c. Timothy—[email protected]. Clover —[email protected]. CHICAGO, May 2.—Primary receipts: Wheat, 507,000. against 667,000; corn. 632,000. against 410,000; oats, 349,000, against 313,000. Shipments: Wheat, 847,000, against 485,000: corn 643.000, against 436,000: oats. 440.000, against 241,000.

Legal Notices NOTICE TO CONTRACTORS POGUE’S RUN CHANNEL GRADING SANITARY DISTRICT OF INDIANAPOLIS Sealed bids will be received by the Board of Sanitary Commissioners of the Sanitary District of Indianapolis, at its office, Room 103 City Hall. Indianapolis, Indiana, until ten o'clock a. m. on May 27th, 1930, for Pogue's Run Channel Grading from the north end of Pogue's Run Drain to Nowland Avenue bridge, two hundred feet west of Rural Street, in the City of Indianapolis. Indiana. Bids shall be made on the work as a whole, as described in the plans and specifications for such work, on file in the office of said Board. Plans and specifications may be examined and bidding blanks secured at the office of (the Board of Sanitary Commissioners in the City Hall. Indianapolis, Indiana. Each bidder shall file with his bid a non-collusion affidavit and certified check, as described in detail in said specifications. The Board reserves the right to reject any or all bids. BOARD OF SANITARY COMMISSIONERS SANITARY DISTRICT OF INDIANAPOLIS. By B. J. T. JEUP. President. O. C. ROSS. Vice-President. A. H. MOORE. NOTICE TO CONTRACTORS CAST-IRON PIPE FITTINGS AND VALVES FOR BROAD RIPPLE AND RIVERSIDE DISTRICT MAIN INTERCEPTOR. SANITARY DISTRICT OF INDIANAPOLIS. Indianapolis. Indiana. May 1 1930. Sealed proposals will be received by the Board of Sanitary Commissioners of the Sanitary District of Indianapolis, at its office, Room 103. City Hall, Indianapolis, Indiana, until 10:00 o'clock a. m. on May 27, 1930. at which time bids will be publicly opened and scheduled, and awards made as soon thereafter as practicable, for furnishing the cast-iron pipe, pipe fittings and valves required for the construction of the Broad Ripple and Riverside District Main Interceptor, in accordance with the plans and specifications therefor on file and open to examination at the office of the board. As required by statute each bidder must file with his bid a noncollusion affidavit and a certified check, payable to the order of the Board of Commissioners, in an amount no, less than 2% per cent of the amount of his bid, to insure-the execution of the contract for which such bid is made. The board reserves the right to reject any and all bids. * BOARD OF SANITARY COMMISSIONERS. SANITARY DISTRIST OF INDIANAPOLIS By B. J. T. JEUP, President. O. C. ROSS. Vice-President. A. H. MOORE. NOTICE TO CONTRACTORS CONSTRUCTION OF BROAD RIPPLE AND RIVERSIDE DISTRICT MAIN INTERCEPTOR. SANITARY DISTRICT OF INDIANAPOLIS. Indianapolis. Indiana. May 1, 1930. Sealed proposal* will be received by the Board of Sanitary Commissioners of the Sanltarv District of Indianapolis at its office. Room 103. City Hall. Indianapolis. Indiana, until 10 o'clock A. M. on Mav 27. 1930. at which time bids will be publicly opened and scheduled and awards made as soon thereafter as practicable for the construction of the Broad Ripple and Riverside District Main Interceptor. In accordance with plans and specifications therefor on file at the office of said will be received for (a) the construction of the entire Interceptor, or (b) the construction of any one of the three divisions of the work, as described in said specifications. .... As required bv statute each bidder must file with his bid a non-collusion affidavit and a certified check, payable to the order of the Board of Sanitary Commissioners. in an amount not less than 2 %J> of the amount of his bid to insure the execution of the contract, for which such b *A i copy a of’the plans and specifications may be obtained at the office of the Board for the sum of Twenty-five Dollars ($25.00) which sum will be returned to anv bidder upon the return to the Board of such copy in good condition. The Board reserves the right to reject anv and all bids. n BOARD OP SANITARY COMMISSIONERS. SANITARY DISTRICT OF INDIANAPOLIS By B. J. T. JEUP. President, o. c. ROSS tlce-President. A. H. MOOR*.

Legal Notices NOTICE TO BIDDERS SALE AND RE-vtGvAij ur OLD BUILDINGS Sealed bids wtii oe received by the Board of School Commissioners at its ofiices. 150 North Meridian street. Indianapolis until 8 g clock p. m . Tuesday, May 13, 1930, ior tne sale and removal as hereinalter specified of the following buildings not needed for school purposes, for not less than its lair cash value: One seven-room frame dwelling located at the west end oi Julian Avenue ana known as No. 4850 Julian Avenue. This building and the luunaation to a depth oi at least one loot oelow til? grade line shall be removed trom the premises within thirty i SO) days from uate of acceptance ox bid. Ail ruboish. of any description shall be removed without any damage to any other of the school property or premises. Each biauer shall suomit with his b.d a certified check lor the lull amount ct his bid. The Board reserves tne right to accept or reject any or ail bias and, upon iailure oi the successful bidder to properly perform his contract within tne time specified, to orcer the work aone by its own employes and to retain any material secured :.rom said houses, and aiso to retain the proceeds oi the certified check. BOARD Ur &CHOOL COMMISSIONERS. CITY OF INDiAiN AROLIS. A. B. GOOD, Business Director. NOTICE TO CONTRACTORS CONSTRUCTION OF IRVING iON MAIN CONNECTING aND INTERCEPTING sewer. SANITARY DISi Hli_ 1 or INDIANAPOLIS Inaianapofis. meuana. May 1, 1930. Sealed proposals will be received oy the Boaia oi sanitary commissioners oi the sanitary District oi xnaiauapoiis, at Us onlce. Room lus. City Han, inaianapofis, xiiuiana, until 10:3U o clock A. M., on iday 2ith, 1830, at whicn time bias will ue puouciy opened ana scneduied and awards made as soon tnercauer as practicaoie, ior the construction of the Irvington Main connecting and Intercepting oewer extending irom the Pleasant Run ..lain Interceptor at Wallace Street to Arlington Avenue at Dewey Street, in the wity oi lnaianapons, in accordance with plans and specincations tnereior on nie Rid open to examination at tne oiuce oi oaid Board. As required by statute, each bidder .oust me with ills u.d a non-roilusion ufiidavit ana a certified checa, pavaoie to me order or tne Board or sanitary com.ussioneis, in an amount not iess tnan 3%% oi ttte amount ol his bid. to wiisure tne execution of tne contract for rnicn such old is maae. Tne Board reserves me right to reject any anu ail bids. BOARD Os Sanitary commissioners, oamtarx district ot inu.ianapgc.is By B. J. T. JEUP, President. O. C. ROss, Vice-President. a. h. Moore. NOTICE TO CONTRACTORS DEHYDRATION BUILDING EyUiPMENT sanitary district of .INDIAN APOLiS Indianapolis. Indiana. _ , . May 1, 1930. Sealed proposals will be received by the Guard of Sanitary Commissioners ot tne January District of Indianapolis, at its jiUce, Room 103, city hall, Indianapolis, ndiana, until 10 o'clock a. m. on May 27, u3O, at which time bids will be puuiicly pened ana scheduled and awards made s soon thereafter as practicable, lor urnisning to tne Board the loilowing •ems or equipment ior use in the Board s -enydration Building, at its Sewage plant at Eagle Wooas, Indianapolis. Indiana (all biue prints below reierred to are on me in the Board's office), viz: Item 1. Partition construction, in accordance with description of materials and assembly, as shown on blue print No. 1738. Item 2. Gas and vapor ducts, in accordance with description ana as shown on blue print No. 17*7. Item 3. Sludge piping, in accordance with general aetaus as shown on blue print No. 17,701-A. Item 3. Sludge piping, In accordance with general aetaus as shown on blue print No. 17,701-A. Item 4. Conveying and processing equipment, in accordance with description of operations as shown on blue print No. 1750. The above items, 1 to 4, Include all erection expense as well as materials. Item 5. Motors for drier and stoker drives. Item 6. Induced draft fan. Item 7. Weighting Larry. Item 8. Chlorination equipment. Item 9. Storage tanks. Items 10. Spray system. Item 11. Piping and valves. lor further details bidders shall consult specifications entitled “Sludge Conveying and Processing Equipment,'' and blue prints, on file in tne office of me Board. Bidders may consult Charles H. Hurd, consulting engineer, 518 Norm Delaware street, Indianapolis, Indiana, and C. K. Caivert, superintendent oi the Board’s Sewage Disposal Plant at Eagle Woods, lor additional information and details. Bids may be made for any one or more of the above Items, but each item shall bo bid on separately. As required by statute, each bidder must file with nis bid a non-coliusion affidavit and a certified check, payable to tne order of the Board of Sanitary Commissioners, in an amount not less tnan 2'% per cent of the amount of his bid, to insure the execution of the contract for which such bid is maae. The Board reserves tne right to reject any and aii bids. BOARD OF SANITARY COMMISSIONERS, SANITARY DISTRICT Or' INDIANAPOLIS By B. J. T. JEUP. President. O. C. ROSS, Vice-President.. A. H. MOORE. Notice of Filing and Docketing of Petition IN THE HANCOCK CIRCUIT COURT, FEBRUARY TERM. 1930. State oi Didiana, Hancock County, ss: In the Matter of the Petition lor the Repair. Improvement, etc., of a Public Drain by oohn E. Steele, James F. McCord. and James F. Evans. No. 18252. To Carrie Olvey, Nora S. Meyers, Kincaid and Kincaid, children of Etta Kincthd, Indiana Masonic Home at Franklin, Indiana, Josepn P. Coffins, Clarissa G. Stoner, Addie Apple, John H. Wright, John W. Stoner. Millard F. Dawson, Guy Collins, Mahlon Apple, Mary E. Combs, Thomas Diilman, Fanny Rhinearson, Daisy Marsh Laura Stoner, William Noffice. Sarah Coffins, Leonard Luce, Matilda Grist, William E. Scotieu, Mary Girt, Warren Rumford, Frank Rumford, Grace Wiit. Cecil Sliver, Horace B. Wilson, B. C. Tremble, William F. Apple Clyde E. Robinson, Mary L. Raab, C. Ll Kiel, C. A. Raney. E. Raney. Margaret Dowden, Mary Harting, Edward Pionges, Charles C. F. Brinkman, Charles A. L. Franke, Anthony F. Hartman. Christopher Evans, Henry Bade, Union Traction Company of Indiana, Arthur W. Brady. Receiver of Union Traction Company of Indiana The Cleveland. Cincinnati. Chicago. Si St. Louis Railway Company. You, and each of you, are hereby notified that the undersigned have filed in the office of the Clerk of the Circuit Court of Hancock County, Indiana, a petition asking for the repair, improvement and reconstruction ot a part of the certain public dram heretofore constructed under and pursuant to the order and judgment of the Hancocx Circuit Court, of Hancock County, Indiana, in the matter of the Petition ot Manford W. Jay et ah. No. 8167, on the records ot said Court: that the route of that part of said public drain the undersigned by their said petition are asking to be repaired. Improved, and reconstructed Is described as follows, to-wit: Beginning at a point in Hancock County. Indiana, on the north line of the northwest quarter of Section Six (6). Township Sixteen (16) North, Range Six (6) East, in Hancock County. Indiana, eighty (80 rods east of the northeast corner of said northwest quarter, thence south to the northwest corner of the east half of the northwest quarter of Section Seven (7). Township Sixteen (16) North. Range Six (6) East, thence continuing south to the south fine of said northwest quarter of said Section Seven (7) thence west on the south line of said northwest quarter of said Section Seven (7). to the southwest corner thereof; thence west on the north line of the south half of Section Twelve (12). Township Sixteen (16) North, Range Five ist East, a distance of thirty (30) rods; thence south about twenty-five (25) rods; thence in a southwesterly direction to a point forty (40) rods east and sixty (60) rods north of the southwest corner of said section Twelve (12) thence south bearing west to a point twenty (20) rods south and three <3> rods east of the northwest corner of Section Thirteen (13 >, Township Sixteen (16 1 North, Range Five (5 1 East thence west through the north half of Section Fourteen (14). Township Sixteen (16) North. Range Five (5i East, to a point on the west fine of said Hancock County, five (5) rods south of the northwest corner of said Section Fourteen (14.i. thence in a general southwesterly direction in Marion County. Indiana. through Section Fifteen (15). Township Sixteen (16) North Range Five (51 East, to a point on the west line of said Section Fifteen (15), fifteen (15) rods south of the northwest corner of the southwest quarter of said Section Fifteen (15). and continuing in a southwesterly and northwesterly direction following the center line of Indian Creek through the southeast ouarter of Section Sixteen (16). Township Sixteen <l6i. north Range Five (5) East to a point where the said Indian Creek crosses the public highway on the north line of said southeast quarter of said Section Sixteen (16); also commencing at a point on the route of said public drain on the east line of the west half of the northwest quarter of said Section Seven (7i as above described, where Arm No. 2 of said public drain petitioned for by Manford w. Jay et al.. as herein stated, empties, thence west bearing north through the said west half of said northwest quarter of said Section Seven (7i to the public highway on the west side thereof, arnl crossing the said public highway at a point twenty (20> rods south of the northwest corner of said Section Seven (7). and continuing west a distance of thirty <3O) rods. You are each named as the owner of lands described in said petition, except the said commissioners and trustees who are named on account of public highways located in their respective counties and townships, as described in said petition, and said petition a'leges that satd lands and highways will be affected and benefited by the said repair, reconstruction and improvement of said public drain. And you are each further notified that said petition is now pending in the Hancock Circuit Court of Hancock Conntv. Indiana, at Greenfield. Indiana, and said petition will be docketed for hearing in said Court, and will be placed on the docket of said Court as an action pending therein on the 16th day of June, 1930. in the Circuit Court room, to the Court House In said City of Greenfield. Indiana. JOHN O. STEELE. JAMES F. MeCORD, JAMES T. EVANS. Petitioners. COOK & WALKER. Attorneys'For Said Petitioners.

MAY 3, 1930

Legal Notices BOARD OF ZONING APPEALS ~ ' NOTICE OF HEARING Notice is hereby given that I have filed with the Board of Zoning Appeals of the Citv of Indianapolis a petition asking permission to vary the requirements of the Zoning Ordinance by erecting an addition to the front of an existing residence at 1321 South Randolph street to be used as a refreshment stand. A public hearing will be held by satd Board in Room 104. City Hall, Tuesday. Mav 13. 1930. at 2.30 p. m.. at which time and place all Interested persona will be given opportunity to be heard in reference to the matters set out in said petition. TONY WRIGHT. Petitioner. Death Notices DROEGE. WlLLlAM—Formerly of Tlptoh. passed awav at the home of his brother. Henry C. Droege. one mlie north of New • Bethel. He was the brother of Mary Droege. Mrs. Louise Cassadv of Indianapolis. Mrs. Elenor Schakel of New Bethel and Charles C. Droege. Passed awav Wednesday morning. 11 o'clock. Funeral Saturday. 2:15 p. m.. at the residence. 2:30 p. m.. at the Fenton church. Interment Fenton cemetery. IN CHARGE OP MAX HERRLICH & SON. GOGH. HANNAH L.—Willow of John B. Gogh and mother of Mrs. Alfred P. Rapp died Thursday. May I. 1:30 a. m. Funeral from the home of Mrs. Rapp. 3510 E. Fall Creek blvd.. Saturday. May 3. 8 30 a m. Services SS Peter and Paul cathedral. 9 a. m. Interment Holy Cross cemetery. Friends invited. HANLEY. MARGARET A.—Age* 71 year*, r 's latP Michael Hanley, mother of William J. Hanlev. Mr. Thomas S. Markey. passed away Thursday, Mav 1. Funeral Saturday. May 3. at (he resldence of her daughter. Mrs. Thomas S. Markey. 3133 Ruckle St.. 9:30 a. m. Services at SS Peter and Paul Cathedral, 10 a. m. Interment Holy Cross cemetery. Friends Invited. JORDAN. MARY J.—Widow of Ezra C. Jordan and mother of Mrs. Ed Stillaow?,r '- dep!,rted this l‘ f e Wednesday. April 30, ace 59 years. Funeral Saturdav, May 3. at the residence. Stop 6 Greenfield line, 8 a. m„ and at Lutheran church Columbus, Ind., 10:30 a. m. Burial Columbus, Ind. Friends invited. Funeral under direction of MOORE & KIRK. (Columbus (Ind.) papers pleas# copv.l MARLETT. MRS. NANNTE~M—Age 54, beloved wife of John S. Marlett, mother of Mahlon W.. Charles Sand Robert E. Marlett, passed away Thursday. May 1. 12:50 a. m. Funeral Monday. May 5. 2:30 p. m„ at the residence. 1201 Broadway Friends invited. Burial Memorial Park. Friends may call at residence after 5 p. m. Friday. McINTIRE. BETTY JANE—Age 3 years! beloved little daughter of Mr. and Mrs. Clarence Mclntire and granddaughter of Mr. and Mrs. Fred Mclntire. and Mr. and Mrs. George Ferree. passed away Monday 1:15 a. m. Funeral at late resfdence, 27 N. Greely St, Saturday 2 p. m. Friends nvited. Burial Floral Park cemetery, MURRAY. LILLIAN H.—Age 71 years, beloved wife of Daniel Murray, passed away Friday. May 2. 2 n. m. Funeral Saturday. Mav 3. at 3 D. m. at SHIRLEY BROS. Central Chapel. 1946 N. Illinois. Friends Invited. Burial Washington Park cemetery. PHLEDGER, HENRY—Age 81 years, husband of Anna Trov Phledger. passed away Friday. Mav 2. Time of funeral given later. For information friends may call FINN BROS, FUNERAL HOME. Ta. 1835. SOHORNICK, HAZEL WALTZER —Of Piereevllle. Ind, beloved wife of Harry Schornick and sister of Mrs. Dorothy Brooking and Martha Waltzer, departed this life Wednesday. April 30, age 20 years. Funerpl Saturday. Mav 3. at the MOORE & KIRK FUNERAL HOME, 2530 Station St, 2 p. m. Burial Memorial Park cemetery. Friends invited. Friends may view remains at residence of her aunt. Mrs. ,r. E. C. Bell. 2544 Wood St, until noon Saturday. SULLIVAN, HANNAH—Beloved aunt of Mrs. M. V/. Gordan, died TTiursday. Friends may view the remains at the Fineral Chapel of KIRBY & DINN. 1901 N. Meridian. Funeral Saturday May 3. 8:30 at the chapel. 9 a. m. at St. Philip Neri church. Burial Holy Cross cemetery. Friends invited. In Memoriam Notices IN MEMORIAM—In loving memory of SUSIE DAVEY who departed this fife 3 years ago todav. May 2, 1927 In Crown Hill softly sleeping. Where the breezes wave. Lies the one we love so dearly. In her lonely silent grave. Sadly missed by her son. LEO DAVEY. Funeral Directors WM. D. BEANBLOSSOM Mortuary. Phone. Be. 1588 1321 W. Ray Bt, W. T. BLASENGYM Main office. 2220 Shelby St. Prexel 2570 FEENEY & FEENEY. “ 923 N Pennsylvania. RI 3843. George Grinsteiner Funeral director 522 E. Market. Riley 5374 UNDERTAKERS. HIBEY Si TITUS. 931_ N. Delaware. Li. 3821. lAuck funeral home 33 Yrs. Service. 1453 S. Mer. Dr. 2140. “A REAL HOME FOR SERVICE” RAGSDALE & PRICE LI. 3608. 1219 N. Alabama. C. WILSON funeral parlors, ambulance service and modern automotive eauip■nent Dr 0321 nnd Dr 0322 _____ Florists MAGNOLIA TREES—Tulips. willows, birches, maples, elms. 3-year-olds, sl. Always open. Drive out Sunday, ALVA G. GREY. 315 Koehno St. Instructions aviation’ Learn aviation as a career or a sport. Only government approved school in the state. CURTISS-WRIGHT FLYING SERVICE 104 Monument Circle. Li. 4282. Open evenings. Transportation Colonial^ STRIKE 5 e M lirreRSTATi: Transit Ride in Comfort Great Lakes to Gulf Coast to Coast Chicago $ 4.00 Pittsburgh ...$ S.Ort Dayton 3.oo|Philadelphia . IO.'X) Detroit 0 00'New York .... 18.'i0 Cincinnati ... 2.so|St. Louis 5.00 Louisville .... 2.50 Kansas City.. 9.00 Nashville .... 7.oo;Denver 22.50 Jacksonville . 22.00]L0s Angeles.. 51.00 New Busses—Air Cushions—• Reclining Chairs Gold Medal Drivers Three Convenient Depots DENISON HOTEL TERMINAL I RI. 4000 104 Monument Circle Lincoln 4000 Union Bus Station Riley 22fA Special Notices PETERSON BEAUTY BHOP " ANNA M. GRUNER All lines of beaut® work. Li. 6100. 320 When Bldg, DR. H. E. CRUM Specializing in digestive trouble. 3217 E. 16th St. Ch. 4638. WHY SUFFER with piles when vou can postivetly get well or it will cost vow nothing? G. R Wvsong. 219 K. of P. Bldg Office. RI. 4267. Res, Ta. 4940. __ DANCE AT THE RAINBOW—Sat. and Sun. nights. Emerson Ave. and Pendleton Pike. Free transpor. from end of Brightwood car line to dances only. Ch. 3313. WANTED—Hundreds of people t.o buy returned cakes and broken cookies at hail price. 516 W. McCartv St. SIO,OOO Accident policy for $2. For Informatlon call LI. 2662. 3ULPHUR baths: massage. Mildred Mewhinnev. 227 N Dela Ant 6 RI 668. SWEDISH MASSAGE. BATHS—I 7% W. Ohio. Rm. 1. Hours 10-6. Li. 3746. MASSAGE for poor circulation Post graduate nurse. 7 N. Alabama, Rm. 19. MABBAGE—Swedish meth, electreat. 1133 Bellefontaine. Call RI 2113 for appoint. Lost and Found APRIL Black - fur neckpiece downtown^ College ;ar or 40th st. Wa. 0939-W. Rew. BLACK~"Shaffer desk pen. downtown. Mon., RI. 2550 515 Circle Tower. Reward. DOG—Small, brown and white, tov collie; very timid: last seen 17th and Delawar# Sts. Reward. Ri. 0034. FOX TERRIER —Black, white, lost, N. D Quincv. child's net. Name “Buddy.” Reward. Ch. 34T7. LOST —Central Ave. car. lady's black purse, containing bankbook, cash and valuables. Finder keep cash, return purse, contents, no quest, asked. 19 N. Layman. IT. 3300. LOST —Orange and blue knit tam last week, in or near Wallace school. No. 61, E. 10th and Wallace; reward. Call Miss Joe, RI. 5551. ——— Business Announcements FEATHERS— Bought solo ana renovawdj feather mattresses, pillows made to order® r r Burkle 431-433 Mass Ave RI 669 M BUILDING —Contractor, remodeling. reS roofing, brick and cement work; estimat<* free; paymenta. EBKRHART. Ch. 4338 ■ PAINTING —MAKE COLORS' TO SUIT: S* YEARS’ EXPERIENCE; REASON ABL* H. D. LINEDMAN, HP. 5005. jf