Indianapolis Times, Volume 41, Number 308, Indianapolis, Marion County, 6 May 1930 — Page 14
PAGE 14
OPTIONS MOVE UP AS SHORTS RUN TO COVER Professional Buying Sends Wheat Mart Higher Before Close. Bu United press CHICAGO, May 6.—Wheat had a firm tone throughout the session on the Board of Trade today, and closed with large gains. The absence of heavy selling pressure coupled with a’ strong stock market and firm cables inspired a better demand and while selling increased on the hard spots, sellers were cautious, and the market absorbed the offers fairly easily. Com and oats scored good gains with wheat. At the close wheat was 1% to 2%c higher, corn was to l%c higher, and oats was % to lc higher. Provisions were steady to weak. Liverpool remained firm and closed %to T sc higher. A better demand was the chief factor there. Buenos Aires was firm during the morning. The tone in May was very strong during the morning. There was some export business over night but it was not large. Cash prices were unchanged to %c higher. Receipts were 25 cars. Com registered an advance of around lc on the strength in wheat and held it at mid-session. Short covering was in evidence while the very small receipts was another bullish factor. Cash prices were *ic higher. Receipts were 62 cars. Oats was up in the minor fractions at mid-morning on the strength in the major grains, but the trading was very quiet. The cash demand was good. Cash prices were 14 c higher. Receipts were 33 cars. Chicago Grain Table —May 6 WHEAT— Prev. Open. High. Tow. Close, close. May.. 1.01 • i 1.03', 1.01% 1.02 s , I.oo', July.. 1.02'2 1.03 s , 102% 1 031.01'. Sept.. 1.05', 1.06'2 1.05', 1.06', 1.04', Dec. 1.10% 1.11% 1.10 1.10 s . 1.09 Mav . * .79 .80 .79 .79% .78 s * July.. .81 .81% .81 .81', 80'* Sept.. .81 s ; .82'2 .81% .81% .81 Dec... .75% .76*/* ..75% .76', .75'. M?V A .41 s * .40% .41% .40;, July.. .40 s * .41', .40% .41', .40', Sept.. .40’-, .41'2 .39’* .40% .39% Dec... .41 s , .42% .42% 42% .42% Mars .57 s , .59% .57% .59', .56% July.. .62 s , .63% .62 s , .63* .61% Sept.. .66 s , .67% .66% -53/4 *5? " Dec. . .70% .72 .70% .71% .70% Ma AR uT22 10.25 10.22 10.25 10.25 July! 10 37 nominal 10.37 10.40 Sept. 10.57 10.60 10.57 10.60 10.60 BEUJES - 14.00 14 00 JuWi ’ 13.60 13.60 13.57 13.57 13.70 Sept. 13.70 nominal 13.70 13.80 Bu Times Special CHICAGO, May 6.—Carlots—Wheat, 22; corn, 187; oats, 89. rye, 3, and barley, 20. Bn Timex Special CHICAGO. Mav 6.— Primary receipts; Wheat. 467.000 against 723,000; corn. 589.000 aeainst 465,000; oats. 255.000 against 331 000. Shipments Wheat. 9 ®2-990 aßainst 357 000; corn. 692.000 against 553.000; oats. against 529.000. Bu United Press TOLEDO. Mav 6.- Grain close: WheatNo 2 red Sl.lOVf 1.11. Corn—No. 3 yellow. 84%®85%c. Oats—No. 2 white. 46%/./ 48%e. Rve—No 2. 85c. Barley—No 2. 62c. Clover—Domestic, cash, new, $11.75. prmle. choice. sl2. October sl2 60, December. sl2 80. Alsike—Cash sll Timothy—Cash. new. $3.70. Butter— 36o 41c. Errs—2o4'22c. Hav—sl.2s cwt. Bu I nitrd Pres* CHICAGO. Mav 6—Cash Rrain close. Wheat-.. 0. 2 hard. $1.01',. Corn—No. 2 mixed. 8lc: No. 3 mixed. 80c: No 1 tallow. 81%'ll 82c; No. 2 yellow. 81 '.<3 82c. No. 3 vellow. 78'. 181 c: No. 4 yellow, 78% ®79c: No. 5 vellow. 77%c; No. 6 vellow. 751i 76c: No. 2 white. 82%c: No. 3 while82C- No. 4 white. 80%c: sample (trade. 554/ 69c Oats -No. 2 white. 41 %® 42%C; No. 3 white. 41'// 41 %c Barley—s7® 64c. Timothy— 8.50. Clover —$114118.75.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Tuesday, May 6. were $4,312,000: debits. $10,851,000. NEW YORK STATEMENT NEW 1 YORK. Mav 6.—Bank clearings. $2 037.000.000: clearing house balance $227,000,000: federal reserve bank credit balance. $196,000,000. CHICAGO STATEMENT * 6.—Bank clearings. $123,40.000: balances. $13,200,000.
Aviation
Baby Plane Is Success Bn Unite-* Press PAWTUCKET, R. 1.. May 6.—A tiny, cne-passenger airplane, which its designer hopes may popularize aviation by bringing the flying machine within range of the average man's pocketbook. made a successful test flight at the What Cheer airport here Taking off at a speed of fifty miles an hour after traveling only 150 feet across the field, the baby plane, with its designer. Douglas H. Harris. 28, of Waverly. la., at the controls, circled the airport for fifteen minutes. It attained an altitude of 1,000 feet and landed at less than thirty-five miles an hour. The airplane, which Harris said could be produced at a profit if sold for S9OO, is designed to carry only the pilot.. It weighs but 280 pounds, has a twenty-three-foot wingspread. and is sixteen feet long. Predicts Sea Travel Bu I nited press NEW YORK. May 6.—Passengers and mall airplane lines will be operating across the Atlantic in the next four or five years. Charles A. Lindbergh predicted today in an interview with the United Press. “I believe that heavier-than-air machines will be used at first in such service.” he said. "But that does not mean that there is not a great field for the dirigible in the same service." He said he was “not sure" that the maximum in size had been reached in dirigible designs and construction. Transport planes with a cruising speed of 150 miles an hour will be common before long, he asserted. SIOO,OOO in Prizes Bu United Press _ . . CHICAGO, May 6—Cash prizes aggregating SIOO,OOO will be awarded pilots who win the various events on the program for the national air races to be held here Aug. 23 to Sept. 2. Seeks Nonstop Mark Bu United Pri •* LOS ANGELES, May 6— ln an attempt to break the nonstop flight record across the United States. Captain Roscoe Turner, prominent aviator, aaid today he planned to hop oft within a few days for New York.
The City in Brief
“Appraising Real Estate for Taxation" will be the subject of an address by Judge Lee I. Hecht of the appeal tax court of Baltimore, Md., before the Indianapolis Real Estate Board at the Lincoln Thursday noon. Annual reunion of Company H, 158th Indiana volunteer infantry, Spanish-American War Veterans, will be held at Brockside park Saturday. Captain Charles S. Tarlton is president and Gilbert R. Hamblen corresponding secretary of the organization. Bruce P. Robinson post, American Legion, will hold its annual dinner-dance at Irvington Masonic temple Saturday. Reservations may be made through Mr. and Mrs. John Paul Ragsdale. Judge Lee I. Hecht of the appeal tax court, Baltimore, Md„ will address the Indianapolis Real Estate Board at its weekly luncheon Thursday in the Lincoln, on “Appraising Real Estate for Taxation.” Falling eight feet from his automobile as it was raised on a lift for greasing at a Shell filling station at Michigan and Delaware streets early today, William E. Davis, 27, of the Michigan hotel, was injured critically. City hospital physicians say he incurred a brain concussion and probably suffered internal injuries. O. L. Bumpus and W. P. Hallstein, Indianapolis, both juniors in the engineering schools of Purdue university, have been pledged to Tau Beta Pi. national honorary engineering fraternity. W. A. McCurry, managing director of the Indiana Industrial Exposition to be held at the State Fairgrounds, Oct. 4-11, will tell about the organization of the “Business Is Good Club” over radio station WKBF at 10:30 tonight. Wednesday night between 7 and 8 o’clock he will also talk on the organization over WFBM.
In the Stock Market
(Bv Thomson At McKinnon) NEW YORK, May 6.—ls one can judge from the support encountered in the stock market yesterday in the closing half hour, the present readjustment would seem to be about complete. To assume, however, that the market will immediately turn about and resume a strong upward trend appears illogical. Security prices have been brought in line more closely with actual business than in several months. Current business should be the market’s primary factor henceforth. The constant dwelling on commodities in relation to business may seem somewhat tiresome, but its importance is apparent. Again the situation comes to the foreground as is witnessed by the second cut in copper metal prices, wheat prices resting on the dollar mark and new crop cotton prices at new low figures. Declining wholesale prices make it exceedingly difficult to build up confidence upon which business activity must rest. The stock market, in our opinion, hereafter will reflect business as it in turn reflects earnings, and the next major upturn likely “'ill be preceded by definite indications that commodity values have turned upward.
New York Bank Stocks
—May 5 Bid. Ask. Chase National 157 158 Eouitable 122 125 City National 189 192 Guaranty 720 728 America 132 135 Bank of United States.... 64 65 Central Hanover 372 380 Chemical 73 76 Continental 34 36 Empire 83 86 Interstate 49 , 50 Manhattan <& Cos 125 128 New York Trust 272 278 Bankers 152 154 Brooklyn Trust 810 825 Chatman Phenix National. 129 131 Corn Exchange 197 205 First National 5.600 5.900 Manufactures 127 130 Public 135 140 Commercial 510 520
Local Wagon Wheat
Citv grain elevators are paying 93c for No. 2 red wheat and 87c for No. 2 hard wheat. CHIEF SEEKS OUSTING OF POLICE OFFICER Files Charges of Unbecoming Conduct Against Ambuhl. Charges of conduct unbecoming an officer were filed against Detective Sergeant John E. Ambuhl, today by Police Chief Jerry E. Kinney. Kinney set out in the charges before the board of safety that Ambuhl had been suspended as result of a complaint from the Fechheimer Brothers Company, Cincinnati, 0., clothing firm, which sold uniforms to policemen. The firm alleged that Ambuhl, who handled payments for uniforms, failed to give a "proper and prompt accounting of such trust funds.” Ambuhl paid back about $1,200 discrepancy which he attributed to an error." but refused to resign from the force, it was understood. Ambuhl was secretary to former Chief Claude M. Worley and formerly a deputy city clerk. Fire Chief Harry Voshell filed charges of absence without leave against William B. Russell of pumper company No. 9. Trial of both cases was set for April 20. ‘MEN ONLY 7 SHOW IS HELD ‘FAKE/ CLOSED Police Inspector I>eeides Patrons Not Given Money’s Worth. gw I mtrd PreS'. . CLEVELAND, .May 6 —“Mysteries of Love"—with artist models—and advertised "for men only" was not giving yu- cash customers a fair return for then* money, in the belief of George Matcwitz. police inspector, so he his ordered the showclosed at a local theater. After viewing the show, the “sinspector" would not come right out and say that the lecture-show was immoral, but he declared emphatically the company was obtaining money under false pretenses. The court suspended judgment and asked contending parties to try to "get together.” Ends Life by Taking Poison Despondent because of lack of employment, August Klstner, 68, rooming at 1138 South Meridian street, ended his life by taking poison today. He was found dead in his room b* a fellow-roomer, Otto Wagner, who broke down a door to enter. .Roomers could give police no information on relatives.
LITTLE CHANGE IN PORK MART AT CITYYARDS Cattle Slow, Unchanged; Veals Steady; Sheep Sharply Ud. AprP Bu'k. Tod. Receipts. 29; *10.25® it,35 $10.35 6,500 i 30. 10.0042.10.25 10.25 6.000 May 1. 10.004i10.15 10.25 5.500 2. 10.25® 10.40 10.40 4.000 3. 10.40010.50 10.50 2.500 5. 10.35 10.35 4.500 6, 10.35 10.35 4,000 Hogs were generally steady in today’s market at the Union Stockyards, prices for the bulk, 160 to 250 pounds, holding around $10.35. Receipts were estimated at 4,000; holdovers were 202. Cattle opened lower, with indications around steady. Receipts were I, Vealers were steady at $10.50 down. Calf receipts were 650. Sheep were sharply higher, with spring lambs going at $lO to sls. Clippers wi. e selling up to $lO. Receipts were 200. Chicago hog receipts were 27,000, including 11,000 direct. Holdovers were 5,000. Today’s market opened 10 cents lower than Monday’s average with a few loads of choice 170-to-210-pound weights selling at $10.20 to $10.30; 240-to-260-pound weights brought $lO to $10.05; 270-to-280-pounders, $9.90. Cattle receipts were 9,000; sheep, 13,000. —Hogs— Receipts, 4,000; market, lower. Heavies. 300 lbs. up $ 9.75010.00 250-300 lbs 10.004?10.25 Med. wts., 225-250 lbs [email protected] 220-225 lbs 10.35 Lißht wts.. 160-200 ibs 10.35 Lißht lights. 130-160 lbs [email protected] Light wts.. 160-200 lbs 8.50® 9.50 Packing sows 8.25@ 9.25 -CattleReceipts, 1,400; 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 [email protected] Common and medium [email protected] Heifers, 850 ibs. down, good and choice 10.50012.00 Common and medium [email protected] Cows, good and choice 7.750 9.00 Common and medium 6.254? 7.75 Lower cutter and cutters .... 4.50@ 6.25 Stocker and feeder steers, good and choice 10.00011.50 Common and medium [email protected] —Vealers— Receipts. 650; market, steady. Medium and choice $ 7.50 0 10.50 Cull and common 5.00@ 7.50 —SheepReceipts, 200; market, steady. (Shorn basis.) Lambs, good and choice $ 9.004? 10.00 Common and medium 7.50®: 9.00 Spring lambs 10.004/15.00 Ewes, medium to choice 4.00® 5.50 Cull and common 2.00@ 4.00 Other Livestock Bu United Pres . 4 CHICAGO. May 6—Hogs—Receipts, 27,000, including 11,000 direct; weak to 10c lower; slow at the decline; top, $10.30; bulk, 160-290-lb. weights, $9,854/10.25; good to choice, 130-150-lb. weights, $9,754/ 10.25; butchers, medium to choice, 250-350 lbs., $9.65® 10.10; 200-250 lbs.. $9.85010.30; 160-200 lbs, $9.85® 10.30; 130-160 lbs., $9 60®:0.30; packing sows, [email protected]; pigs, medium to choice, 90-130 lbs., $8.75®; 10. Cattle—Receipts, 9,000; calves, 3,000; best steers and yearlings unevenly steady to 25c lower, mostly weak to 25c off; lower grades predominating; bulk, sl2 down; best around sl4; low priced fat cows and cutters, lower; bulk low cutters. s4® 4.50; slaughter classes, steers, good and choice, 1300-1500 lbs.. $12.25014.75: 1100-1300 lbs., $12014.50; 950-1100 lbs., $11,504/14; common and medium, 850 lbs. up. $8.50®12; fed yearlings, good and choice, 750-950 Ibs., $11®; 14; heifers, good and choice, 850 lbs. down, $10012.50; common and medium, $7.50® 10; cows, good and choice, $7.5008.75; common and medium. $5.75® 7.50; low cutter and cutter, $44/5.75; bulls, good and choice, beef, $7.50 ®9; cutter to medium, $6.50 0 7.50; vealers. milk fed, good and choice, $8,750; 11. medium, $7.5008.75; cull and common, $5 0 7.50; stockers and feeders steers, good and choice, all weights, $10®11.50; common and medium, SBOIO. SheepReceipts, 13,000; market very slow, scattered bids and sales to outsiders steady; wooled lambs, $11011.25; best held above $11.50; best shorn lambs held $10.50; fat ewes, $6.25 down; lambs, good and choice, 92 lbs. down, $9.604i 10.65; medium, $9,254/ 9.75; cull and common. $8,254/9.25; medium to choice, 92-100 lbs. down, S9O 10.50; ewes, medium to choice, 150 lbs. down, $4.2506; cull and common, $2.25 0 4.50. 'Bu United Press CINCINNATI. 0.. May 6.—Hogs—Receipts 3,475, Including 375 direct; heldover 350; uneven; butchers, 170 lbs. up, steady to mostly 10c lower: light lights and sows mostly 25c lower; pigs about steady; bulk, good and choice, 170-230 lbs.. $10.40; desirable 230-250 lbs., $10.25 @10.30; around 270 lbs.. $10.15; few butchers, 280 lbs. and up, $lO down; bulk 120160 lbs., $9.75 to mostly $10; few choice strong weight and packers, $10.25; pigs. 90-11 U lbs., mostly $8.7509.50; sows, mostly SBO 8.75; few smooth finished $9. Cattle— Receipts, 250; calves. 350; about steady; hardly enough to test prices; few plain killers around sll down; beef cows mostly S7B; few up to $8.50; low cutter and cutters mostly $5 0 6.50; bulk bulls, [email protected]; vealers steady; rather Inactive; top $10.50; bulk undergrades, s7@9, mostly sß@9. Sheep—Receipts, 175; market, steady; heavy lambs, weak; choice around 50-lb. springers. sl4; heavier offerings, sl3 down; medium grade around $9.500 11; common kinds down to $8; best shorn lambs around $9; undergrades s6® 8; choice light ewes around $5; common sheep, $3 down. Bu Times Special LOUISVILLE. Kv., Mav 6.—Hogs—Receipts. 700: market, 10c lower; 300 Ibs. up. $8.40; 225-300 lbs., $9.45: 165-225 lbs., $10.05; 130-165 lbs.. $9.25; 130 lbs. down. $7.25: roughs. $6.70: stags, $6.10. Cattle —Receipts, 100: market, steady; prime heavy steers, $10.50 @11.50; heavy shipping steers, *9.504/10.50; medium and plain steers. $8.50®9.50: fat heifers, $7.50011; good $o choice cows. $6.25@8; medium to good cows. $5.2506.25: cutters. $4.7505.25; canners, $3.50® 4.50; bulls. s6® 8: feeders, $810.75; stockers. $7.50011. Calves—Receipts. 200: market, steady: tops. $8.50: good to choice. $6.500 8.50: medium to good. [email protected]; outsfi $4.50 down. Sheep— Receipts, 400: market, steady: ewes and wether lambs, $12.50: buck lambs, $11.50: seconds and feeder lambs. $809: cMoned sheep. $445 5. Monday's shipments—Cattle, 134: calves. 330; hogs. 435: sheep, 69. Bu United Press FT. WAYNE. Ind.. Mav 6.—Calves—Receipts. 25; hogs. 150: sheep, 25; hog market steadv; 90-110 lbs.. $9.15; 110-130 lbs.. $9.40: 130-150 lbs.. $9.65; 150-160 lbs.. 59.90: 150-180 lbs.. $10.15: 180-200 lbs.. $10.25; 200-225 lbs.. $10.15: 225-250 lbs.. $10.05: 250-300 lbs.. $9.95: 30-35 lbs.. *9.75; roughs. $8.50: stags. $%: calves. $10.50; clipped lambs. $8.50: wool lambs, $9.50. Bu United Press CLEVELAND. May 6.—Hogs—Receipts, 1.500; holdover. 55; steady to 10 cents lower: 160-210 lbs.. $10.40010.70; 220-250 lbs.. $10,250 10.50: heavier weights. $10.35 down: pigs. $10.25. Cattle—Receipts. 300: slow, steady to easier; common to medium steers. SIOO 10.85; few good. $11.50: fat cows. $6.5008.25: cutter grades. $3.50® 5 75- bulls in narrow demand, sausage kinds. $6.50 0 7.75. Calves—Receipts. 700: steady: vealers, $11.50® 12; medium. $8.50 011- little selling under $7. Sheep—Rece'pts 900. steadv: merely good to choice l'-mbs. *9.50010; common kinds. $8 down; sheep, firm. Bu United Press EAST ST. LOUIS. 111., May 6.—Hogs Receipts. 17.500; market steadv to a little lower- bulk. 160-250 lbs.. slo® 10.15: most sows. $8.750 9 Cattle—Receipts. 5.000; calves, receipts, 2.500; market, bulls, vealers and a few low-priced steers steady; geenral undertone weak on most steers and other classes: vealers, $10.50; top sausage bulls. $7 60. Sheep—Receipts. 2.000; market, few good to choice clipped lambs to city butchers, strong to 25c higher at *9.75; asking higher lor others. Bu United Piess PITTSBURGH. May 6.—Hogs—Receipts. 750; market weak to 10c lower: TSO-220 lbs. $10.70: 230-250 lbs.. $10.50® 10.65: heavier hogs. *lo® 10.50. 100-120 lbs.. $lO 010.25; sows. $8.500 9. Cattle—Receipts. 25: market unchanged. Calves—Receipts. 50; market fairly steady; top vealers. sl2. Sheep—Receipts. 500: market 50® 75c higher: clipped lambs, $10011: shorn, aged wethers, $5®5.75. Bu United Press TOLEDO. May 6.—Hogs—Receipts. 350: market, steadv to 10 cent lower; heavies, *9 50®10: mediums. *lO 10® 10.25: Yorkers. *IO.IOO 10.25: pigs. *9.50010. Cattle—Receipts. 50; market, slow and lower. Calves —Receipts, light: market, strong. SheepReceipts. light; market, steady. Bu United Press EAST BUFFALO. May 6.—Hogs—Receipts. 800: holdovers. 800: fairly active. 5 cents to mostly 10 cents below Monday’s average: bulk. 130-220 lbs.. *10.80: few. *10.85 : 230-270 Ibs.. *10.50# 10.75; packing sows. *909.25. Cattle—Receipts. 250: vealers steady, demand only fair! good to choice. *l2. to mostly *12.50: cotrimon and medium. *8.50 i 10.50. 200; lambs, fully steady: good io choice clippers. <10.50: others, nominal. 1
THE INDIANAPOLIS TIMES
BELIEVE IT OR NOT
- COMTRADIfTIMC PftOVERSS *THE FOOL WANDERS THE WISE MAN TRAVELS* y *A ROLLING stone gathers no moss * ’Won Futurities in one afternoon/ The race was Run in 2. divisions and JoKhSOh won both Bfossom Time (12-Dtv) *SO 000 purse f j I Alley Dtv) *SO 000 purse K J G&L, | jjjfn Vj? T^^^^^PODINOFP lifY fEAYED TrtE BAGtPIPB" \% V dr. MEYER. Syndics 4 Ste-TtW,German/ A F qr Z^hourS X* V DONATED A CEMETERY To THE CITV -- And %/iTHOOT A STOP WAS THE FIRST ONE BURIED IN l*r.- Aju 41 1 MO Kin* Fes rum Syndicate. lac- Gnat Britain right# reunteL • *'• - ~ ~
New York Stocks
—May 6—■ _ Railroads— J! rev ' High. Low. 11:30. Close. Atchison 221% 221% Atl Coast Line JBS Balt & Ohio ... .112% 112 112 112% Chesa & Ohio 205% 202 Chesa Corp 66 65% 66 64 Chi Grt West 13 12Vs Chi N West 80% 80 80% 80 C R I & P HI Del L & W 121% Del & Hudson 168 Erie 85% 85% 85% 45 Erie Ist pfd 87 Great Northern. .. ... ... 87 Gulf Mob & Oil. 34% 33% 34% 33% Illinois Central . 128 128 Kan City So 72% Lou & Nash ... 135 MK & T ...... 53% 52 53% d0 Mo Pacific 70 N Y Central 169 168% Nickel Plate ... 11412 112% NY NH & H 109 108 Nor Pacific 81 80% Norfolk Sc West 230 229 O&W 12% 10 Pennsylvania .. 77% 76% 77% 76 Reading ... ... 11l Seaboard Air L. 9% 8% 8% 9% So Pacific 121% 120% 121% 119% Southern Ry ... ... 108 St Paul 19% 18% 19% 20 St Paul pfd .... 33% 32% 32% 33 St L & S F 112 111% 112 111 Union Pacific 226 222 Wabash 48% 48 48% 47 W. Maryland... 24 23% 24 23 West Pacific 20% 20% Equipments— Am Car & Fdy 53% Am Locomotive. 67% 67% 67% 67% Am Air Brake S .. ... ... 47 Gen Am Tank.. 107% 104% 107% 104% General Elec .. 79% 78% 78% 78% Gen Ry Signal.. 87% 86 87% 86 Lima Loco 33% N Y Air Brake 42% 41% Press Stl Car 9% 9 9% 8% Pullman 79% 79 79% 7S‘/ 4 Westingh Ar 8.. 44% 44 44 42% Westingh Elec ..167% 165 166% 167 Rubbers— Firestone 23% 23% Fisk ... 3% 3% Goodrich 39% 39 39% 35 Goodyear 76% 76% 76% 76 Kelly Spgfld ... 4% 4% Lee Rubber .... 26% 26% 26% ... U S Rubber 26% Motors— Auburn 195% 195 195 190 Chrysler 32% 31% 31% 32 Gardner 4Vi ... Graham Paige.. 8% 8% 8% 8% General Motors. 45% 44% 44Vi 44% Hudson 42% 42 S. 18 Vi 17% 18% 17% Marmon ... 18% Nash 43% 43% 43'% 41% Packard 17% 16% 17 16% Pierce Arrow 27% Reo 10% 10 10% 10Vi Studebaker 37 33% Yellow Truck... 24 23 23 23 Motor Access— Am Bosch 36 37Vs Bendix Aviation 40% 39% 39% 36 Borg Warner ... 37 36% 37 35% Briggs 19% 18% 18% 18 Vi Eaton 27 26 27 26 El Storage B 71% 72 Hayes Body ... 10 9% 10 Houda 18% 18% Motor Wheel 27% 26V a Stewart Warner 28% 28 28% 27% Timken Roll ... 76% 76 76% 75 Mining— Am Metals .... 39% 39 39 40 Am Smelt 67% 66% 67% 67 Am Zinc 11 10Vi 10% ... Anaconda Cop.. 56% 55% 55% 55% Cal & Hecla ... 17 16% 17 16% Cerro de Pasco 54Vi 55% Freeport Texas. 45% 45 45% 44 Granby Corp ... 28% 27 28% 28 Great Nor Ore.. .. ... ... 20'% Howe Sound ... 28 27% 28 28 Int Nickel 32% 32 32% 32% Inspiration 17% 17 17% 17 Kennecott Cop.. 42% 42 42% 42% Magma Cop 34% Miami Copper .. 18 17% 17% 18 Nev Cons 18 V* 17% 18 18 Texas Gul Sul.. 56% 56% 56% 55% U. S. Smelt .... 27% 27'% 27% 27'% Oils— Amerada ... ... 20% Am Republic... 23% 23 23 22 Atl Refining 40% 39% 39% 39 Barnsdall 26% 25% 26% 25 Beacon 17 Houston 89Vi 89% 89% 91% Ind Oil 24% 23% 23% 22% dndian Refining 18Vs 17% 18% 17 Lago Oil 24 24 Mex Stad 26% 26 26 24% Mid Conti 28% 28% 28% 27 Pan-Amer 1B) 59% 57% Phillips 39% 40 Pr Oil & Gas 45% 45% Pure Oil 23% 22% 23% 23 Richfield 22% 22% 22% 22% Roval Dutch ... 52% 52% Shell Un 23% 23 23 21% Cimms Pt 28 26 Sinclair 26% 26 26 25% Skellv 33% 33 33% 33 Standard of Cal 68% 68% 68% 68 Standard of N J 75% 14% 75% 75 Standard of N Y 35% 35% Texas Cos .... 57 56% 57 55% Union Oil 44% 43% Steels— Am Roll Mills.. 73% 72% 72% 72% Bethlehem 94% 93% 94% 93% Bvers A M 84% 81 % 81% 84% Colo Fuel 56 54% 56 52 Cruc Steel 78 Inland ... 88 Ludlum 29% 29% 29% 29Vi Midland 33% 33 V* 33 7 a 32 Vs Newton 45% 48 Repub I & S ... 53 55 U S Steel 172% 171% 171% 171% Vanadium 106 100 100 101% Youngst S <fc W 37% 37% Tobaccos— Am Sumatra 12% 12% Am Tob <Bt 250 249 250 247 Con Cigars 44 Lorilara 23 22% Phil Morris 11 Reynolds Tob B 51% 49% Std Com Tob 10 Tob Pr B 3% 3 7 s United Cig 5% 5% Utilities— Abitibi 31 Adams Exp 29 28% 28% 26% Am For Pwr... 76 75% 75% 73% Am Pwr Sc Lt 97% AT & T 243% 242% 242% 243% Col Gas Sc E 1.... 74% 73 74% 73 Com & So 17% 16% 17% 16% El Pwr Sc Lt.... 79% 78% 78% 78% Gen Gas (A).. 14% 14% 14% 13% Inti T Sc T 62% 61% 62% 62 NaU Pwr Sc Lt.. 44% 43% 43% 42% No Amer C0....113% 113% 113% 110% Pa.c Oas A El 64% 67% Pub Serv N J.... 106% 105% .06% 105
On request, sent with stamped addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.
(By Thomson & McKinnon)
So Cal Edison .. 63% 63% 63% 62V Std G & El 114 I*lo% 110% 107 United Corp 42% 42'/* 42 % 41% Ut Pwr &LA. . 39% 38% 39'% 37 West Union ....176 174 176 172'% Shipping— Am Inti Corp 41% 40% 41% 40% Inti Mer M pfd 25% No Om Lloyd? 52% United Fruit 92 91% Foods— Am Sug 60% 60% 60% 60 Armour A ... 5% 5% Cal Pkg 67 66 66 67% Can Dry 64% 63% 63% 64 % Childs Cos 59% 59 59 59 Coca Cola ... 168 165% Cont Baking A. 28% 28% 28% 28% Corn Prod 99% 99% 99% 98% Cudahy Pkg 42 Cuban Am Sug 6% Gen Foods 57% 56% 56% 55 Grand Union ... 15 15% Hersey ... 99% 98% Jewel Tea 59 57 59 55 Kroger 32% 32% 32% 31 Nat Biscuit 82% 82'% 82% 78% Pillsburv ... ••• 32% Safeway St 90% 90'/* 90% 88% Std Brands 23% 23% 23% 22% Kard Bkg 10Va Drugs— Coty Inc 27% 27% 27% 26% Lambert Cos 97Vi 96% 97% 95% Lehn & Fink 28% Industrials— Am Radiator.... 32% 32% 32% 32% Bush Term 39% Certainteed .... 10 j? Gen Asphalt.... 55 54% 55% 54% Otis Elev 70% 70 70 69% Indus Chems — Allied Chem 304% 301 304% 302 Com Solv 28% 27% 28% 27 Union Carb 85% 84% 84% 84 US Ind Alco .. 87% 87 83% 85% Reiail Stores— Assoc Dry Gds. 42'% 41% 42% 39% Gimbel Bros ... 16% 15% 16% 15?* Kresge S S 31 30 May D Store , 53 Mont Ward .... 41111 41% 41% 40% Penny J C .... 64V* 64% 64% 63 Schulte Ret St 8 7% Sears Roe 84% 82% 82% 81% Woolworth 62% 62 62 61 Amusements— Bruns Balke ... 19% 18% 19% 18'% Col Graph 28% 27% 27% 27 Croslev Radio.. 16 15% 16 16 Eastman Kod ...233 229% 230 232'% Fox Film A ... Grigsby Gru ... 21 19% 20% 19% Loews Inc 87% 85% 86V* 84% Param Fam .... 66 65% 65% 62% Radio Corp 48% 47 47 47% RK O 41% 40% 41% 40 Schubert 27% 26% 26% 27% Warner Bros ... 66% 65% 65% 65'% Miscellaneous — Airway App ... 30 27% City Ice & Fu 44 45% Congoleum 14?* 14% 14% 13% Am Can 135% 132% 135% 136% Cont Can 62 61% 62 60% Curtiss Wr 11% 10% 10% 10% Real Silk 47 45'/* 45% 4 7 U S Leather A. 183
Produce Markets
Eggs (country rum—Loss off. delivered in Indianapolis. 19c; henery quality. No. 1 20c: No. 2. 17c. Poultry (Duying prices)—Hens, weighing 4'% lbs. or over. 22c; under 4% lbs., 22c; Leghorn hens, iac: 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, quoted bv Kingan Sc Cos. Butter (wholesale)—No. 1. 42®43c: No 2. 40®41c. Butterfat—39c. Cl.eese (wholesale selling price per pound)—American loaf, 31c; pimento loaf. 33c-; Wisconsin firsts. 27c; Longhorns. 34c: New York limberger. 36c. Bu United Press CHICAGO. May 6.—Eggs Market steady; receipts. 28,313 cases; extra firsts, 22 %® 23c; firsts. 22c; ordinaries, 20®„21c; seconds. 19c. Butter—Market, steady; receipts 15.747 tubs; extras. 35c; extra firsts. 33%®34c: firsts. 31®33c; seconds. 28® 30c; standards 35c. Poultry—Market, easier; receipts. 3 cars; fowls, 2lc; springers, 30c; Leghorns. 21c: ducks. 19@20c; geese, 14c; tuzkeys. 20c: Roosters. 13c; broilers. 28®, 30c. Cheese—Twjns. 18%®19c; Young Americas. 20c. Potatoes—On track 369; arrivals. 79: shipments. 500; market new stock, dull; Wisconsin sacked Round Whites. $2.750 2.90; Minnesota sacked Round Whites $2.65® 2.80; Idaho sacked Russets. $3.40® 3?65; new stock, weaker: Texas sacked bliss triumphs. $3.70®4; Alabama sacked bliss triumphs. $3.50®. 3.60; Louisina sacked bliss triumphs. $3.65. Bu United Press CINCINNATI. 0.. May 6.—Butter, easy; creamery in tub lots, according to score. 35® 36c; common score discounted 2®3c; packing stock No. 1. 25c; No. 2. 18; No. 3. 12c: butter fat. 35® 37c. Eggs—Steady; cases included; fresh gathered, 22c; firsts 21%c; seconds 19%c; nearby ungraded, 21c; duck eggs, 23c; goose. 40c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls. 5 lbs. and over. 20%c; 4 lbs. and over. 20%c; 3 lbs. and over, 20%c; Leghorns. 3 lbs. and over, 20c; 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; 1% lbs. and over, 26c; broilers, partly feathered, 24<&26c; black springers, 24c. Bu United Press NEW YORK, May 6.—Flour dull and easy; spring patents, $5.50®5.60. Lard— Quiet: middle west spot. $10.70® 10.80. Tallow—Quiet; special to extra, 5%® 6c. Potatoes—Old, easy; new. steady; Long Island, $25 5.75 per barrel: Jersey. $3.25®7.50 per basket: southern. $3.25®7.50 barrel; Maine $4.25®5.50. Sweet potatoes—Quiet; southern, basket. 75c®1.50: Jersey. 50c®3.25. Dressed poultry—Firm: turkeys, 25® 42c; chickens, 17® 34c: capons. 30® 44c; fowls. 15® 31c; ducks. Long Island. 22c. Live poultry—Dull; geese. 13c: ducks, 14®24c; fowls. 24® 27c: turkeys. 20® 30c; roosters, 12® 13c; capons, 40®45c: broilers, 25®40c. Cheese—Steady; state whole milk, fancy to special. 24®26c; young America, 2i@2sc. Bu United Press _ CLEVELAND. May 6.—Butter —Extras. 39c; extra firsts. 39c. Eggs—Extras, 23c: firsts, 22c. Poultry—Fowls, 25®26c; medium. 25® 26c; Leghorn, 20® 23c; heavy broilers. 35® 40c Leghorn broilers, 30® 34c; ducks. :10®34c; old cocks. 15c; geese. 15c. Potatoes— Mai* Green Mountain. $4.65® $4.75 for 150-lb. sack; Idaho Russet, $4.35 4.50 for 100-lb. sack.
Lc-wr Registered U. 5. JLJ \ Patent Office. RIPLEY
Business — and — Finance
The market value of fifty representative stocks on the New York Stock Exchange at the close of the week ended Saturday, May 3, $25,800,806,884, last week $28,645,684,497, a decrease of $2,844,815,613 or approximately .0993 per cent under the value of $38,912,584,570 at the close of the preceding week, according to a compilation of McClure, Jones & Cos„ members of the New York Stock Exchange. t The fifty most active stocks traded on the Chicago Stock Exchange during the week ended May 3, had a market value of $3,117,811,353 at the close of business Saturday as compared with $3,748,759,346 at the close of the previous week, according to a compilation by Swift, Langill & Henke. This represents a decrease of $630,947,993 or 20.23 per cent. International Railways of Central America in its annual report lor 1929 shows gross revenues totaling $8,473,381 which compares with $8,407,189 for the year 1928. After all charges, including taxes, net earnings for 1929 were $2,409,504 as against $2,314,135. These earnings, deducting the sinking fund and the preferred dividend charges, were equivalent to $5.69 per share on common stock in 1929, as compared with $5.41 per share in 1928. M. H. Fishman 5-cent to $1 store, resorts gross sales of $156,390 for April, 930, against $127,741 for April, 1929. an increase of $28,649 or 22.4 per cent. For the four months ended, April sales totaled $425,030 against $308,456 for the same period last year, an increase of $116,574 or 37.8 per cent.
On Commission Row
FRUITS Apples—Basket: Baldwin. [email protected]; Stayman. s2®3; Winesaps, $3.25: Northern Spy, $2.25: Ben Davis. $2.25; Boxes; Delicious. $4(15,4.25; Stayman, $3®3.25; Winesap, $2.75®3.25. Barrels: Baldwin, $6(a6.50: Ben Davis. $5.50; Winesaps. s7@ B.stf. Grapefruit—Florida, s6® 7 a crate. Grapes—California, Emperor, kegs, $6.50. Lemons—Fancy California. 55.75<8;6.50; imported. Messina. $5(55.50. Limes—Florida. $2.50(83 a 100; pominican, $3. Oranges—Florida. [email protected]; California, naval. ss®9 a crate; Valencia. $6.25@8 a crate. Pineapples—Cuban, $5. Strawoerries—Louisiana. 24-pint crate. $5@>5.50; Alabama, 24-pint crate. SB. Pears—Avocado, California, $7 a dozen: D’Anjou, $4.75®5 a box. VEGETABLES Artichokes—California. $1.25(51.75 a dozen. Asparagus—California and Georgia. 45c a bunch, $3.50(54 a case. Beans—Texas stringless. $4.50(55.50 r hamper. Beets—Texas, new. $3.50@4 a crate: Indiana, $2 a bushel. Cabbage—Texas, new. B@B%c a pound Ckrrots—California, $3.75®4 a crate; Texas, $3; Indiana. $1 a bushel. Cauliflower—Western. $2.25(52.40 a crate. Celery—Florida. $4.25(54.75 a crate. Cucumbers Hothouse. 51.35&2.25 8 dozen. Eggplant—Southern, $1.25(52 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. 50c dozen; new Texas yellow Bermuda. $3 50 * 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. $1; California. 40-pound box. $3.50. Spinach—Texas, $1.25 a bushel. Tomatoes —Florida. $5&6 a crate; Mexican. 10-pound box. $2. Turnips—lndiana. $3; new $4. • Potatoes—Michigan round whites, ss® 525 a 150-pound bag: Colorado Russets. $4 50 a 100-pound bag; Red River Early Ohios. $4®4.25 a 120-pound bag; new Florida Cobbler. $3 a 50-pound hamper; Texas. $6 a 100-pound bag. Sweet Potatoes—Tennessee. $2.25; Louisiana Gold6n Glow. $2.75. Marriage Licenses Albert Farmer. 23. of 2518 East Washington, printer, and Elizabeth L. Neal, 20, of 316 Parker, clerk. H. Ross Poulson. 33, of Chicago, engineer. and Josephine A. Hollingsworth. 27. of 333 North Grant, artists. Charles L. Davis. 23. of 499 East Washington. mechanic, and Esther M. McLean, 22. of 5426 East Thirtieth, clerk. Leo B Yaggie. 21. of 309 North New Jeresv. clerk, and Mabel I. Wilson. 20, of 605 Lockerbie, clerk. Lynn J. Williamson. 21. of 3545 Balsam, clerk, and Mary E. Mendenhall. 21. of 2142 North Talbot, musician. Otis M. Gue 23. of 1607 Lexington, clerk, and Millie R. A. Schmaltz. .18, of 1156 Knox, seamstress. Roy E. Eliott. 21. of Pt. Harison. soldier, and Virginia M. Bowne, 17. of 421 East Pratt. Albert I. Hughes, 30. of 868 Vi West Walnut. moulder, and Edith K. Anderson. 23. of 90? West Tenth, clerk, Raymond B. Kellermejer. 23. of 2122 North Rural, clerk, and Lorene Tuttle, 20, of :%3 North Dearborn, clerk.
STEEL SHARES CHECK SELLING WAVEAT NOON List Shows Strength After Early Dip; Coppers Are Weakest.
Average Stock Prices
Average of thirty industrials for Monday was 259.68, up 1.37. Average of twenty rails was 139 16. off 1 08. Average of twenty utilities was 94 20. off .41 Average of forty bonds was 94.85, off .22. Bu United Press NEW YORK, May 6.—An upward tendency in United States Steel common stock halted a small wave of selling on the Stock Exchange today and prices moved forward in all but copper shares. Steel crossed 173 just before noon and was holding firm around 173%, up Vs, at noon. Other pivotal shares which had been forced down earlier on profit-taking following a strong opening followed steel. Utilities generally were higher, oils steady to firm, and rails stronger under the lead of Van Sweringen issues and New York Central. Coppers were down fractions to more than 2 points. Motors rifled firmer and amusements were steady. American Tobacco B featured the tobaccos with a rise of nearly 7 points, while J. I. Case held a gain of more than 10 points in the harvester group. Railroads Strong Westinghouse Electric around noon was at 168%, up 1% from the previous close; Radio Corporation 48, up %; Bethlehem Steel 94, up %; Union Carbide 85%. up 1%. In the railroad group New York Central was carried to 171, up 2%, while Chesapeake & Ohio rose 3 points to 205, and New York, Chicago & St. Louis 2% to 115. Standard Oil of New Jersey rose % to 75% and Sinclair % to 26%, while Atlantic Refining and Standard of New York were unchanged from the previous close. Paramount and Radio-Keith-Orpheum were active in the amusement group, Paramount rising 1% to 66%, while Radio-Keith held unchanged. Sales Slow Up Call money renewed at 3% per cent. Sales to noon totaled 1,950,500 shares, against 3,314,600 shares Monday. Tickers at noon were only four minutes late. The market still was somewhat uncertain regarding certain developments. One of these was the future of Manhattan Electric Supply. The last quotation on this issue to appear was above 53. No sale has been made for a week and it was rumored the Stock Exchange was investigating the issue. This was not confirmed. Two bids for 100 shares each at SI.OO per share were made today for Manhattan Electrical. Reports prior to placing these bids were that no market existed for the stock. Call money was reduced to 3 per cent in the early afternoon, and buying operations broadened. COUNTY VOTE QUIET (Continued From Page 1) Dallots were found improperly printed, instructing voters to vote for one instead of three candidates on the advisory .board. Emergency ballots were printed, and polls workers verbally instructed voters how to mark the ballots until the corrected supply arrived. No Squares on Ballot In the Twelfth precint, Ninth ward, Republican ballots were not printed with squares for the voter’s “X,” but were used despite the flaw. At the Third precinct, Third ward, “trouble shooters” found poll officials marking ballots with their initials. The officials were warned they could not save time in that manner, and were instructed that ballots may not be marked until the poll tally after closing hours tonight. Five telephones were installed by Denny for his “trouble shooters,” and irregularities or poll difficulties of any kind are to be reported to Riley 8591, Riley 8592, Riley 8593, Riley 8594 or Riley 8595. ATTORNEY IS SUED FOR NONAPPEARANCE Canadian Charges He Lost $12,000 in Failure to Collect. A suit for the collection of $12,000 damages from Merle N. A. Walker, local attorney and former probate judge of Marion count#, was filed in federal court today by Jefferson D. Shatford of Quebec, Canada. Shatfort alleges that in 1924 he engaged Walker to represent him in a suit for the collection of an account from the Independent Tank Line, Inc., of Indianapolis. Merle accepted the offer but failed to appear in court and as a result no collection was madfe, it is alleged. The account never has been collected and judgment is asked for the amount of the account, plus interest and charges. Senator Pepper for Davis. Bui nitrd Press PHILADELPHIA, May 6.—Former United States Senator George Wharton Pepper today announced his intention of supporting the candidacy of Francis Shunk Brown for Governor and James J. Davis for senator at the primary election early this month.
Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stork Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb A**ociation Rooms 200:214 Circle Tower Telephone Lincoln 5501 -A - -
MAY 6, 1930
DOW JONES SUMMARY
p*/-ific Tel. & Tel quarter ended March i 31. net income *2 981.553 alter charges and :axes against *3,818.784 In first quarter, 1929. Southern Pacific Company authorised by I. C. C. to issue SI 1. 2*4.000 Oreeon Lines first mortgage bonds to be sold at not less than 95. and accrued interest and proceeds used for corporate purposes. Newport Company and subsidiaries in March quarter earned 82 cents on 485.705 common shares against *l.Ol on 251 350 shares in like 1929 Quarter. Common holders of record Mav 23 offered right to subscribe for one common share at *2O a share for each 40 shares held. Right* expire June 20. Declared regular quarter! dividends of 50 cents on common and cents on class A convertible s try'- ' payable June 2 record May 23. Western Auto Supply Company declared regular ouarterlv dividends of 75 cents on doss A and B common stock payable Juna 1. record May 20. Surplus freight cars on Class 1 railroads decreased 6,760 cars during period from April 15 to April 23. Copper Exporters. Inc., has reduced price of copper 1 cent a pound to 13,30 cents c. i. f. European base ports. Control of Indian Motorcycle Company passes from Norman X Belles, president, l and associates, to E. Paul Du Port and associates. INDIANAPOLIS—Marmon Motor Car 'Company declared a dividend of 2 per cent in common stock on common, payable June 2, record May 19. In prevlou* quarter company declared quarterly dividend of 50 cents in cash and prior to that quarterly dividends of *l. Chrysler April shipments were 34.527 units against 33.816 in March and 59.785 in April. 1929. G. C. Murphy April sales were *1,290.648 against *1.112.339 ir. April. 1929 Four months, *4,401.929. against *4.035,413. American writing paper first quarter earnings were 19 cents a common sharo against 2 cents a share in like 1929 quarter. Ford Motor Company adds two new trimotor models to its line of airplanes, ono of which is powered with three Packard Diesel engines. National Tube Company. United States Steel subsidiary, ha* received orders for 850 miles of 22-lnch and 375 miles of 24inch seamless pipe, involving 200,000 tons. Order also received for 450 miles of pipe for gas lines from Amerillo, Tex., to Chicago. Canadian Locomotive received order for four consolidation locomotives from Tomdskaming & Northern Ontario railroad. Lenor Stores April sales *2.162.259 against *1,313,538 in April. 1929. Four months $6,912,103 against *4,673,480. National Shirt Shops April sales $335,371 against $285,806 in April. 1929. Four months $1,290,106 against $1,105,523. . Federal reserve board reporting member banks in leading cities on April SO, report increases for week of $9,000,000 in loans and investments; *126,000,000 in new demand deposits; $21,000,000 in time deposits and $16,000,000 in borrowings from federal reserve banks and decreases of $12,00,000 in government deposits. McCrory Stores April sales $3,651,074 against $3,157,734 in April. 1929. Foul months $12,610,549 against $12,428,201. Wabash railway files application with I. C. C. to acquire control of Wheeling & Lake Erie which was allocated to II under official consolidation plan. General Cable Corporation for first quarter reports net loss of $487,253 after interest, depreciation, etc., against profit of $1,024,971 or 76 cents a common share in like 1929 quarter. A. P. Giannini, founder Trans-America Corporation, has retired from all of his official positions although hr will serve as director on several companies. Giannini had previously announced his intention to retire upon his 60th birthday. Louisville Gas and Electric in 1929 earned $2.39 on combined 600.374 Class A common shares and 300,949 Class B common shares, against *2.37 on combined 507,381 Class A and 257,956 class B common in 1928. Atchison Railway authorized by 1. C. C. to acquire control by lease of Oil Fields & Santa Fe Railway. Pacific Coast Company quarter ended March 31 net earnings 5101,943 after expenses, against $163,662 in first quarter 1929.Federal Bake Shops April sales $395,8/0 against $369,517 in April 1929. Four months $1,576,5*7 against $1,192,484. Carman & Cos. Inc. and subsidiaries year ended Dec. 31. net Income $325 930. after Interest Federal taxes provision for bad debts etc., against $308,233 in 1923.
Investment Trusts
Bid. Ask. Am Founders (new) ......... 24% 25% Basic Industry Share 9 s * 10% Corporate Trust Shares 9% 10% Diversified Trust Shares (At... 26% ... Diversified Trust Shares <B). 21% 22% Diversified Trust Shares (C).. 9% 9 r First Investment Corporation.. .. 11% Fixed Trust Shares (Ai 227* ... Fixed Trust Shares (B) 19% ... Investments Trust of N Y 12 12% Leaders of Industry 11% 12 No Am Trust Shares 9'% 10 Power & Light Sec Trust 65 67 Revbarn <fc Cos 13 14% Standard Oil Trust Shares.... 10 12 S W Straus Inv Units 52 58 Selected Amer Shares 8% 8% Trustee Std Oil Sh A 11 11% Trustee Std Oil Sh B 11% 12% U S Elec <te Pow Shares A... 42% 44% U S Elec & Power Shares (Bi. 13 13% BACK WAGE CONTRACT Coal Miners Request Authority for Arranging Pay Agreement. Bu United Press HAZLETON, Pa., May 6.—The scale committee of the Anthracite tridistrict convention today submitted its second report, urging that union leaders be authorized to obtain anew agreement with operators calling for the same pay basis as now is in effect.
fJT WILD INIjSTMINT CO| I P j “Leaders of Industry” | j Shares A Fixed Trust 129 E. Market Lincoln 6884 I
R.H. Gibson & Cos. Members NKW fORK, Ckieoto and CtncmatU Stock Exckantes 320 Circle Tower Indianapolis Tel. Lincoln 2141 61 3roadway NEW YORK 307 Dixie Terminal Bldf. Cincinnati
