Indianapolis Times, Volume 42, Number 8, Indianapolis, Marion County, 20 May 1930 — Page 14
PAGE 14
BREAK FORCES STOCK SHARES TO NEW LOWS Heavy Selling Hits Higher Grade Issues; Auburn Hard Hit.
Average Stock Prices
Avenge of thirty Industrials for Monday was 265 87. off 354 Average of twenty rails was 143.80. off 1.15. Average of twenty utilities was 99 43. off 2.65. Average of forty bonds was 95.11. cff 09. Du I nited /'res* * NEW YORK. Mas 20.—Bearish professionals started smother savage selling movement on the Stock Exchange today, forcing various leaders to new low ground. After moving irregularly lower /through the first two hours, the market broke precipitately around noon, coincident with heavy selling in high-grade issues like Steel, American Telephone and American Can. Little support was met by these shares and a general decline got inder way ifi the early afternoon. Trading picked up momentum on the decline and numerous stop-lass orders were caught on the downside. Some necessitous liquidation of impaired margin accounts was also effected, adding stimulus to telling movement. Opening Is Lower Around noon United States Steel was off % from the previous close and within less than a point of its low for the year. American Telephone and Telegraph was at 241%, off 3; Consolidated Gas 123 V 4, off 2%; Radio 47, off 1%; Standard of New Jersey 75%, off 1%; J. I. Case 317, off 8; Auburn Auto 152%, off 8%, and anew low for the year; General Electric 78%, off %; Westinghouse 168%, cff 4!4; American and Foreign Power 78, off 2%; American Machine and Foundry 260, off 5; Worthington Pump 135, off 5; International Harvester 99 %, off 2%; United Aircraft 70, off 2%. The market opened slightly lower with the exception*of United States Steel and a few other issues. A steadier tone was noted for a time and when selling pressure lifted for a brief interval Trading Is Dull Traders became discouraged, however, when the rise was not followed up and prices broke badly near the end of the second hour. In the early afternoon, some support was noted for the leaders. Trading continued dull however and tickers were easily able to keep pace with the list. Dealings to noon were well above Monday at a pace of about 3,500,000 shares for a full day. Sales totaled 1,460,300 shares, against 804.900 shares in the same period Monday.
Banks and Exchange
INDIANAPOLIS STATEMENT Tndianapolts bank clearings Tuesday, May 20, $4,020,000: debits. *7,454,000. CHICAGO STATEMENT B CHICAGO/'May 20.—Bank clearings. *103,800,000; balances. $8,700,000. NEW YORK STATEMENT ** N&W f YORK. " May 20.—Bank clearings, $1 345,000.000: clearing house balance, $117,000,000- federal reserve bank credit balance, $169,000.000. treasury statement P WASHifIijTON, Mav 20.—The treasury net balance on May 17. was $86,198,088 60; customs receipts for the month to that date totaled $29,803,344 13; expenditures on May 17. were $6,322,794.97.
New York Bank Stocks
—May 19— Bid. Asked. Chase National 167% 168% Equitable 133% IjAV* Guaranty 784 786 City National 201 202 America K 134 135 Bank of United Stas 66 67 Central Hanover 394 396 Chemical 76% 77% Continental 37% 38 Empire 90% 92 Interstate 53 54 Manhattan & Company... 137% 138% New York Trust 301 304 Bankers ifi Brooklyn Trust 825 840 Chatham Phoenix National 140 142 Corn Exchange 216% 218 Public 146 148 First National 5,950 6,050 Manufacturers 136 137 Commercial 538 542 Irving 61V* 61 %
Investment Trusts
Bid. Ask. Am Founders mew> 24Vi 25‘i Basic Industry Shares B’s 9, Corporate Trust Shares 9‘* 9% Diversified Trust Shares < A >... 26'a ... Diversified Trust Shares (B). 21 V 22*7 Diversified Trust Shares C>.. 9% 9; First Investment Corporation.. .. 11 • Fixed Trust Shares (At 22 3 i ... Fixed Trust Shares tßt 19 s ,a ... Investments Trust of N Y 12 12*< Leaders of Industry 11V* 12 3 b No Am Trust Shares 9H 10Va Power St Light Sec Trust 65 67 Revbarn Sc Cos 13 14'j Standard Oil Trust Shares.... 10 12 S W Straus Inv Units 52 58 Selected Amer Shares 87's Txustee Std Oil Sh B 107 11‘y U S Flee & Pow Shares A... 424 44>% U S Elec Sc Power Shares tß> 13 13 l INSECTS PERIL CROPS Farmers Advised to Take Steps to Rid States of Grasshoppers. By Science Sere ice WASHINGTON, May 20.—Grasshoppers threaten Ho wreak heavy damage to grain and forage crops in MOntana and the Dakotas this year. There many hoppers in these states, and in parts of Texas, last year, and the eggs they laid now are hatching in large numbers. If dhmatic and other conditions favor the growth of the young insects the outbreak may reach serious proportions. The United States department of agriculture is urging farmers in the threatened regions to combat the pests now with poisoned bran baits, before they grow their wings and get beyond control by taking to the air. Cotton Production Gains Bn United Frees WASHINGTON, May 20.—Production of cotton in 1929 aggregated 14,828.000 bales of 500 pounds each, the agriculture department announced totiky in making public its summary of last year's cotton crop.
Local Wagon Wheat
CUT grain elevator* are paying 97c for No. 2 red vbeat and 9le for No. 2 bard wheat. NEW YORK COFFEE RANGE High. Low. Close. VS?.::::;.:::::::::: *3 IS kU ge&mber V.V.V.V.V7.7. BTo 100 IS Pecemoct 7.90 7,83 7.5
New York Stocks
1 " (Bv Thomson & McKinnoni —Mav 20— Railroads— Prfv. High. Low. 11:30 close. Atchison 226 227 Atl Coast Line 166 Balt St Ohio 114% Chesa it Ohio 216 Chess Corn 69 Chi Ort West.... 14% 14% 14% 14% Chi N West 82% 83’s C R 1 Si P ..._ .. t 112 Del L & W * 126 127% Dei St Hudson 173% Erie 48 47% 48 47% Erie Ist pfd M% Illinois Central 128% Lou St Nash IS4 134 M K St T 58% 53 58% 59 Mo Pacific • 83 Mo Pacific pfd .133% 131% 133% ... N Y Central 175% 175 175 175 V. Nickel Plate 115 ... NYNH&H 115% 115% O & W 12% ... Pennsylvania . . 78 77% 78 78% Reading DJ Seaboard Air L •• #% So Pacific J 21% Southern Rv ...112% 112 112 112% St. Paul 21 21% St Paul nfd 34% 34% St L & S F ”8 U 8 DrUon * actfle . 228% 225% lllv. 226% Wabash . *,. W Maryland 32% West Pacific 25% Equipments— Am Car & Fdv.. 56 Am Locomotive 83% 64 Am Steel Fd Am Air Brake S ■ • 44% Gen Am Tank 104 104 General Elec .. 80% 79% 80 80% Gen Rv Signal 91 % Lima Loco 34% ... Man El Sup 18 18 *N Y Air Brake.. .. ... <l% 43 ? Press Stl Car Westtnrtl Ar 8.." 43% 43 43% 43% Westlneh Elec.. .172% 170 172% 172% Rubbers— Firestone 22% 22% 22 % i2% Fisk ... ... 3 /a Goodrich *0 39% 39% 40 Goodyear . 83 82 83 82-1 Kellv Sorefld .. .. . *'* Le Rubber 7% 7 7 U S Rubber • 23 Z 8 Motors Auburn 159% 155 159 161% Chrvs’.er 34% 33% 3J* 31 Gardner 4% 4% 4 * 4-a Graham Paige. ... 9 9 General Motors. 48% 47% 48% 47/a Hudson 42% Huon .. ... ... 18 Mack ........... 68% 67% 68% 67% Marmon *9/a ... Nash 42% 42 42 42% Packard 17% 17% 17% 17 -a Pierce-Arrow ..if Reo UVa “ft Studebaker ... ... 36-,a Yellow Truck .. 26% 26% 26% 27 Motor AccesiF— Bendix Aviation 41% 40% 40% 40% Bore Warner . 36 36% Briggs 20% 20% 20% 20Va Eaton 27% 27 27 27% El Storaee B , 69 66% Haves Body ... 10% 10% 10% 10% Houda 20% 20’/a 20% 20% Motor Wheel 29 Sparks W 26% 25 25% 25% Stewart Warner 27% Timkln Roll .... 73 72% 72% 73% Minina— Am Metals 42% 42% 42% Am Smelt .... 70% 69% 70% 70% Am Zinc 10 A.naconda Cop.. 59% 58% 59 58% Cal & Hecla 20 19% 19% 19% Cerro de Pasco 55 55 Cal & Ariz 63 62 % 63 Freeport Texas. 47% 47 47% 47% Granby Corp 32% 32'% Great Nor Ore 21% ... Howe Sound 32 31% 31% 33% Int Nickel 323 k 32'/a 32% 32% Inspiration .... 19'4 19 19% 19 Kennecott Cop.. 46% 45% 45% 45% Magma Cop ... 35% 35% Miami Copper 21% 21% Nev Cons 20% 20% 20% 20% Texas Gul Sul.. 59% 59 59 59% U S Smelt 29% Oils Amerada 21% 24% Am Republic ... ... 25% Atl Refining .... 42% 42% 42% 42% Barnsdall 25% 26 Houston 96% 93% 56% 94% Ind Oil 25 24% 25 25 Indian Refining 18% 18% 18% 18% Mex Sbd 26% 26'* 26% 27% Mid Conti 27% 27% 27 27 % Pan-Amer (Bt 64% 62% Phillips 38% 38% Pr Oil & Gas 46 47 Pure Oil 23% 25% Richfield 23 23 Royal Dutch 53 % 53% Shell On 21% 21 % Sinclair 28% Skelly 34% 34% Standard of Cal 69 68% 68% 69% Stand of N J ... 76% 76V, 76% 76% Stand of NY .. 35% 35% 35% 36 Texas Cos 57 56*4 56% 57 % Union Oil 45 45 Vs Steels— Am Roll Mills 73 V* 73 V* Bethlehem 95% 94% 95 95% Bvers A M. ... 93% 61% 93% 91% Colo Fuel 62'/a 61 62 60% Cruc Steel 77% Ludlum 32% 32% 32% 33 Midland 35 36% Newton \ 51% 51 51% 52 Repub l'St 5... 54% 53% 54 54V* U S Steel .169 167% 168% 168% Vanadium 116% 113'% 115% 114% Youngst SSt W 38% ... Tobaccos— Am Sumatra 15 15V* Am Tob (Bl .. 258% 256% 258% 257% Con Cigars 41% 40% 40% 43 General Cigar 51% 51% Lig & Myers B 107V* 108 Lorillard 25% 24% 25% 25 Phil Morris 12% ... Reynolds Tob 53 Tob Pr A 10% United Cig •• 6% 6% Utilities— Adams Exp 30% 30% Am For Pwr ... 80Vi 79’* 80% 80 Am Pwr & Li... 102% 100'/* 302% 102% AT&T 245 243% 244% 244% Col Gas & E 1... 83 81V* 82% 82% Com & Sou 17% 17% 17'* 17V* El Pwr &LI 85% 84% 84% 84% Tob Pr B 4 Inti TANARUS& T .... 63V* 61% 61% 62'/. : Natl Pwr & L).. 44% 44 44% 44% INo Amer Cos ...115% 115V* 115% 116 ! Pac Gas & El 68V* Pub Ser N J... .113% 111% 113V* 112% So Cal Edison... 64V* 64% 64'/. 65 Std G & El 112% United Corp .... 44% 43% 44V* 44V* Ut Pwr & L A.. 40 39% 40 39% West Union 184 Shipping— Am Inti Corp 43 42'/. 43 43% No Gm Lloyd 54% 54% United Fruit ... 91% 91 91 92 Foods— Armour A 6% BVi 6% 6% Beechnut Pkg 80 Can Dry 64 64V* Childs Cos 64 Coca Cola 183 182 183 180 Cont Baking A.. 28% 28% 28 Vi .* Corn Prod 102% 102 102 102’/* Cudahv Pkg 4S ' Gen Foods 58 5T% 57% 57% Grand Union 16% ... Hersev 103 103% Jewel Tea 59V* Kroger ... 33% 33% Nat Biscuit 87% 86% 86% 86% Safeway St 95V* Std Brands ... 22% 22% 22% 22% Ward Bkg 10% 10% Drugs— Cotv Inc 27 V. 27 27 27 V* Lambert Cos 100 99V* 99% 100% Lehn & Fink ... 29% 29% 29% 30% Industrials— Am Radiator ... 31% 31% 31% 32% Bush Term 40 % Certainteed 9 Gen Asnhalt ... ... 56% 56% Otis Elev 73V. 73% Indus Chems—.Allied Chem ...304 300% 204 031% Com Solv 30Vi 29% 30% 30 Union Carb 84 83 83% 83% U S Ind Alco.. 90J 89% 90% 89% Retail Stores— Assoc Dry Gds. 43% 42% 43% 43% Gimbel Bros 16% Kresge S S 30% Mav D Store... 52%’ 52 52 52% Mont Ward 42% 41% 41% 42% Penny J C ' ... 68 68 Sears Roe 84 % 84 84% 84% Wool worth 62% 61% 62% 62% Amusements— Bruns Balke 21% Col Graph 27% 26% 27 27 Crosw Radio 18 Eastman Kod ...241V* 239% 239% 240 Fox Film A 50 49 49% 49% Grigsby Gru ... 22% 21% 22 22 Loews Inc 88% 87% 88 89 Param Fam 67% 66 66% 66% Radio Corn .... 48% 47% 47% 48% R K O ... 42% 41% 41% 42 Schubert 24% 24% 24% 24% Warner Bros 62% 62% 62% 62% Miscellaneous— Congoleum 15% 15% 15% 16 Am Can 141% 139% 140"* 140% Cont Can 64% 64% 64% 64% Curtiss Wr 11 10% 11 11% Gillette S R ... 86% 84% 85% 81 Real Silk t. ... 50 50 PETITIONS POLICE TO HELP OUT DAN CUPID Deserted Husband Wants Cops to Find Him New Wife. Writing the missing persons bureau of the Indianapolis police department today, a Richmond m& father of two children, seeks a wife. He is not looking for the mother of the children, who deserted them, however, but for anew helpmate. “I am writing you In regard to a companion for myself,” his letters says. "This may seem strange, but it has been done before with good results. ‘T am father of two children whose mother has deserted them and I want to get in touch with some lonely lady who will be a mother to the children as well as a companfon to me.”
PORKER PRICES OFF 25 CENTS AT CITY YARDS / „ No Aotivity Shown in Early Cattle Trade; Vealers Move Up. Mbv. Bulk. Top. Receipts. 13. 510.25ft1C.35 $ 0.40 7.000 14 10.35 10.40 6.500 15 18.35 10.35 7.000 16 10.00® 10.20 10.25 6.500 17. 10.40 10.50 2.000 19. 10.40® 10.55 10.55 5.000 20. 10.20® 10.30 10.30 9.000 Hog prices eased off this morning at the city stockyards, the market being generally 25 cents lower than Monday’s average. The bulk, 160 to 275 pounds, sold for $10.20 to $10.30. Top price paid was $10.30. Receipts were estimated at 9,000; holdovers were 241. The cattle market was an uncertain affair with prices being asked higher. Early action was limited. Receipts were 1,500. Vealers were 50 cents higher, selling at sl2 down. Calf receipts were 1,000. Sheep were steady with receipts of 500. Spring lambs were going at $9 to sl2. Chicago hog receipts were 23,000, including 5,000 direct. Holdovers! were 6,OCX Opening bids and a few sales were 10 cents lower than Monday’s average. 170 to 210 pound weights sold at $10.25 to $10.30; 270 to 290 pound averages bid $lO.lO. Cattle receipts were 8,500; sheep, 11,000. —Hogs— Receipts. 9,000; market, lowest. Heavies. 300 lbs. up $9.50@}0.00 250-303 lbs Med. wts. 200-250 lbs 10.20ft10.30 200-225 lbs Light wts.. 160-200 lbs 10.00g10.25 90-130 lbs 9-OC@ 9.75 Packing sows 8.251® 9.25 -CattleReceipts. 1,500; market, steady. Beef steers. 1,100-1,500 lbs. good and choice $11.00g13.20 Common and medium [email protected] Beef steers. 1.100 lbs. down. good and choice Common and medium B.oo@ 10.75 Heifers. 850 lbs. down, good and choice Common and medium 6.00ft10.50 Cows, good and choice 7.75 ft! 9.50 Common and medium 6.00 ft 7.75 Lower cutter and cutters 4.25@ 6.00 Stocker and feeder steers, good and choice f’KSU’K Common and medium 5.50® 8.50 —Vealers — Receipts. 1.000; mraket, higher. Medium and choice $ 9 00® 12.00 Cull and common 5.50@ 9.00 —SheepReceipts. 500: market, steady. (Shorn Basis). Lambs, good and choice $ 8.50 ft! 9.00 Common and medium Spring lambs 9.00®12.00 Ewes, medium to choice 3.50 ft 5.00 Cull and Common I.softi 3.50 Other Livestock Bu United Pres* CHICAGO. Mav 20.—Hogs—Receipts. 23,000; including 4,000 direct; mostly 10c lower; hogs, scaling under 230 lbs.. 10® 15c lower; top. $10.30; bulk. 160-300-lb. weights. $9.90ft10.25: packing sows. $9.15® 9.65: butchers, meduim to choice. 250-350 lbs.. $9.65ft 10.15; 200-250 lbs.. $9.75ft10.30; 160-200 lbs.. [email protected]; 130-160 lbs., S9.6oft 10.25; packing sows, [email protected]; pigs, meduim to choice, 90-130 lbs., s9®>lo. Cat-tle-Receipts. 8,500 Calves—Receipts, 3.000: shippers buying all grades weighty steers and better grade light kinds, steady; others, siow; weak to 25c low;er; active, firm to higher market on fat cows and butchers heifers: also bulls and vealers; best heavy steers. $14.35; slaughter classes, steers, good and choice, 1300-1500 lbs., $12.25ft14.25: 1100-1300 lbs.. $11.75® 14.25; 950-1100 lbs.. $11.25® 14; common and medium. 850 lbs. up. $7.50® 12.25; fed yearlings. good and choice, 750-950 lbs., *11.25 ft 13.25: heifers, good and choice. 800 lbs. down. slo® 12.25; common and medium, $7 ft 10: cows, good and choice. $7.75ft 9.75. common and medium. [email protected]; low cutter and cutters. $4.50fti6.25: bulls, good and choice, beef. $7.50ft9; cutter to medium. $6.75ft.7.75: vealers. milk led. good and choice .$10,501/13: medium, sß.soft 10.50, cull and common. $61*8.50; Stockers an. feeders, steers, good and choice, all weights $9.75® 11; common and medium. $7,501/ 9.75. Sheep Receipts. U'o<]o- - fairly active, steady to strong on shorn lambs: springers, 25ft 40c higher shorn lambs. s9.soft 9.75: spring lambs. sll ft 11.25; top to city butchers, sll 40 for 80-lb. Californias: fat ewes. [email protected], slaughter classes, spring lambs, good and choice. $lO [email protected]: meduim. 59.50ftT0.75. cull and common. $8,501/ 9 -52U?, J S , sn. Kmedh,mChs°8 C 2 e sft 9 9 2 ‘cull and' common “*.so® B*2™-me B dium 9 to C choice £3-100 lbs down S7 ibs down. [email protected]; cull and common, s2® 4.25. F.u United Press „ „ , _ FT WAYNE. Ind.. May 20.—Calves—Receipts. 75: hogs 500: sheep .50; hog market 20c off; 90-110 lbs.. $9.10. 110-130 lbs., TV 130-150 lbs., $9.55; . 150-160 Ids., ; $9 80' 160-180 lbs.. $10.05; 180-200 lbs., $lO 15: 200-225 lbs.. $10,05: $9.95; 250-300 lbs . $9.80: 300-350 lbs.. $9-60. roughs. $3.50; stags. $6; calves 11.05, clipped lambs. $8; wooled lambs. 59. Bn United Press CINCINNATI. May 20.—Hogs—Rece.pts. 2 800: holdover none: butchers steady to 10’c higher: top. $10.60. paid for choice 180-200 lbs.; bulk 170-230 lbs., $10.40 to mostly $10.50: weightier butchers, light lights and pigs steady; 240-260 lbs.. $10.25 ft 10.40; 260-300 ibs.. [email protected]; most light lights. $10: pigs. $3-75ft 9.50: sows 25c higher, mostly $9. few $9.25. Cattle Receipts. 300; calves. 52a; generally steady, medium weight steers and heifers dull, most slaughter steers and heifers slo® 11- beef cows. s7@B: low cutters and cut : ter cows. s4.soft 6.50: medium bulls. $/® 8; vealers 50c hitcher: top. $11.50; bulk good and choice. [email protected] medium. $8 50ft 9.50. Sheep—Receipts. 250: steady; not enohgh to make market: better grade spring lambs. $10.50® 11.50: few medium. $8,501/9.50; mutton ewes. $5 down; mostly s4® 4.50. Bu United Press PITTSBURGH. May 20.—Hogs—Receipts. 600: market steady to shade lower; 150210 lb; slo.SOft 10.85; 220-250 lbs., $lO.oO 1/10.70; 100-130 lbs.. $10,251/10.50; sows. sß.soft 9. Cattle—Receipts. 25: market unchanged. Calves—Receipts. 25; market, fairlv steady: choice vealers. sl2. SheepReceipts 500: market steady; clipped lambs. [email protected]; choice springers quoted $13.00. Bfi Times Special LOUISVILLE. Ky.. May 20.—Hogs—Receipts, 500: marke. steady; 300 lbs. up. $8.55; 225-300 lb .. $9.60; 165-225 lbs.. $10.20: 130-165 lbs.. $9.40; 130 lbs. down. $7.40; roughs. $6.85: stags. $6.25. Cattle — Receipts. 100: market steady; pr'me heavy steers. [email protected]; heavy shipping steers. $9.501/10.50; medium and plain steers. $8,501/9.50; fat heifers. $7,501/11; good to choice cows. $6,501/8.25: medium to good cows. $5,501/6.50; cutters. [email protected]; canners. $3,501/4.50; bulls. *6®B: feeders. SBSi--10.75: Stockers. $7.50ft;11. Calves Receipts. 200: market 50c higher: tops. $10; good to choice. $81710; medium to good. $6.50@8: outs. S6 down. Sheep—Receipts, 800; market, top lambs 50c higher: others steadv: ewe and wether lambs. $11.25; buck lambs. $10.25: seconds and fed lambs. s7l/7.50: clipped sheep. s4l/5. Monday's shipments: Cattle, none; calves. 844; hogs, 409; sheep. 829. Bu United Press TOLEDO. Mav 20.—Hogs—Receipts. 650; market 101/15c lower: heaveis. $9.75® 10; mediums. slOl/10.25: Yorkers, $9,501/10: pigs $9,504x10. Cattle—Receipts. light: market, slow. Calves—Receipts, light; market steady. Sheep—Receipts, light; market, stead- . Bu United Pr ess EAST BUf JALO. N. Y.. May 20,-Hogs —Receipts. 600: holdovers 1.200; all weights 25c lower; demand rather slow; bulk 110-230 lbs.. $10.75; 230-260 lbs. *10.35ft 10.60; 280-325 lbs.. slo® 10.25; packing sows. s9® 9.35. Cattle—Receipts. 50; nominally steady. Calves Receipts. ! 200: nearbv vealers steady at today’s sharp advance; others slow; good to choice. $12.50® 13: common and medium. *9® 10 50. Sheep—Receipts. 200: shorn lambs nominal: medium to good Kentucky spring lambs. *ll.s'’ Bu United Press _ _ CLEVELAND. May 20.—Hogs—Receipts. 1,600: holdover none: steady to 5c lower; 150-210 lbs.. *[email protected]; 220-250 lbs.. *10.60 : 250-300 lbs.. $10.50; pigs. $10.25; sows. *8.75® 9. Cattle—Receipts. 150; cows and bulls steadv to 25c higher: common to good cows. *6.50®8.50; cutter grades mostly *4.50®6; bulk sausage bulls. *6.50 ®7.50. Calves—Receipts. 6CQ: vealers active. 50c to *1 higher: better grades. *12.50 13: few. $13.50: medium. slo® 12; culls downward to $9 or under. Sheep Receipts. 700: good to choice lambs. s9® 9.75: nothing toppy including: cull to medium. $5.50® 8.50. according to kind. Electricity Kills Child Bu Unit’d Press ADAMS, Ind.. Mpy 20.—The attempt of Wesley Olipbant, 8, to dislodge a bird's nest from a tree ended in hus death when he came jnto contact with a ground wire leading to an interurban substation Contact of the chip's air rifle with the wire caused fatal burns.
THE INDIANAPOLIS TIMES
Business — and — Finance
The fifty most active stocks traded on the Chicago Stock Exchange during the week ended May 17 had a market value of 344,478 at the close of business Saturday, as compared with $3,063,830,683 at the close of the previous week, according to a compilation by Otis & Cos. This represents an increase of $12,513,795, or 4 per cent. The market value of fifty representative stocks on the New York Stock Exchange at the close of the week ended Saturday, Mav 17. 1930. wbs $28,141,994,806. an increase of *182.237.710 or approximately .065 per cent over the value of *27.959.727 096 at the close of the preceding week, according to a eompilatioii by McClure. Jones & Cos., members of the New Yoik Stock Exchange. More than $26,500,000,000 Is now invested in the public utility business in this country, exclusive of sstam railroads Dy more than 3.000.000 investors, according to the annual public utility survey made bv Bonbright & Cos.. Inc. This figure represents an increase of $1,000,000,000 in the past year. The largest investment in any one branch of public service is in the electric light and power field where the amount is approximately sll,lOO 000 000 This compares with about $5.353.000.000 in phone C and Wa teiegraph ’ companies and $900,000,000 is Invested in privately owned water supply facilities. New York Water Service Corporation, a subsidiary of Federal Water Service Corporation, reports gross revenues of ' $7,666,256 for the year ended March 31. 1980, as compared with $2,543,713 for the preceding twelve months. Op'.rating expenses, maintenance and taxes, other than Federal income tax. totaled $1,121.616 as against $1,002,929. Gross income amounted to $1,511,610. which compares with 51.520,783 fpr the year ended March 31. 1929. Pennsylvania State Water Corporation, a subsidiary of Community Water Service Company, reports gross revenue of $1,036.294 for the twelve months ended March 31, 1930. After operating expenses/ maintenance. and taxes, excluding Federal income tax. there remained a balance of $621,950. Memphis Natural Gas Company announces that on June 27, 1930, it will redeem all of its outstanding first mortgage 6 per cent sinking fund gold bonds, amounting to $6,153,500. dated Aug. 1, 1928, and due Aug. 1. 1943. at the principal amount and accrued interest thereon, plus a premium of 3 per cent of the principal amount of the bonds. CHURCH HEADS Merle Sidener Presides at at Luncheon. Organization of the Indiana pension fund committee was completed here today when 100 members of the state-wide committee met for luncheon at the Central Christian church during the session of the Indiana state convention of Disciples of Christ, Merle Sidener, general chairman of the state committee, presided at the luncheon. Sidener told the committee that to date 315 ministers of Christian churches in Indiana have enrolled and that seventy congregations have voted favorably on the plan. Totals for the United States, he said, were 3,109 ministers and 1,079 congregations. The Rev. Rodney L. McQuay, Anderson, was elected president of the ministers’ association for the coming year. The Rev. Ephraim D. Lowe, Indianapolis, was elected vice-presi-dent, and the Rev. W. H. Newlin, Crawfordsville, secretary and treasurer. Dr. A. E. Cory, general director of the pension movement, will speak to the convention at 8 tonight. BEGIN ‘QUACKS’ WAR Affidavit Is Filed in Criminal Court Here. Concentrated ‘ war on quack doctors operating in the city'began today with filing in criminal court of an affidavit charging a Hindu “practicioner” with practicing medicine without a license. Co-operation of prosecutors with members of the state board of medical examiners in running down clews of numerous “quacks,” said to be extracting large fees from local patients was announced by George Eggleston, deputy prosecutor. Affidavit charging Ramsarut Maraj, unnaturalized Hindu, with the offense was filed before Criminal Judge James A. Collins by ! Eggleston.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, May 20.—The deadlock in congress over the tariff seems to have been broken and passage of the bill in form favorable to the President is in immediate prospect. Not so much what the revision of the tariff promises, but rather the settlement of points at issue and the removal of an element of uncertainty which surrounded many lines of industry, is the important thing. To wh&t extent the tariff situation has contributed to the present inertia of general business it is difficult to surmise. Competent observers attribute the reactionary tendency of the stock market the last few days to considerable bear pressure. There is noticeably no desire on the part of the public to sell stocks. The public attitude is more that of indifference. The fact that the optimistic statement from Washington yesterday did not cause as much as a ripple in the market proves conclusively that business must speak for itself. To an investor who is looking ahead we continue to suggest that many good securities during recessionary periods offer attractive investments. Drink Victim Sues MARION. Ind.. May 20.—Another suit has been filed in Grant circuit court by a man claiming to have been permanently disabled after drinking Jamaica ginger. Michael Sutton is plaintiff and Henry Berger and the Berger Drug Company, defendants, and $20,000 damages is asked. Fractures Hip in Car Mishap Charles Kinney, 21, of 15 North Addison street, received a fractured hip this afternoon when an auto driven by B. A. Cunningham, 151” Peasant street, crashed into b'~ milk truck, parked at Six'_.iri-
LIGHT SELLING SENDS WHEAT MARKET DOWN
Lower Cables and Favorable Crop Reports React on Futures. r> CHICAGO** May 20.—Wheat had a weak tone on the Board of Trade throughout the session today and closed sharply lower after touching the lowest levels about noon when i the weakness in corn and securities sent prices into stop-loss selling, the chief factor was the heavy foreign markets with the slow export trade. There was some resistance on setbacks and a few shorts covered. Corn was weak a' sharply lower and oats off with uie other grains. At the close wheat was 1% to 1% cents lower, corn was 1% to 1% cents down and pats was lti to 1% cents off. Provisions were steady. Liverpool prices eased still further and at the close were down IV* to IVj cents. Buenos Aires remained % cent>lower at noon. Export business failed to show any signs of picking up. Cash prices were % cent lower. Receipts were seven cars. Corn was off in the minor fractions at mid-session on the easiness in wheat and the better weather over the belt. The market was rather inactive early. Receipts were again less than expected, but the country appears to be willing to book more. The shipping trade was well maintained. Cash prices were unchanged. Receipts were forty-five cars. Oats declined slightly during the morning in a dull market. Cash demand was fair with price 6 % cent lower. Chicago Grain Table —May 20— WHEAT— Prev. Open. High. Low. Close, close. May.. 1.03% 1.03% 1.03 1.03% 1.04% July.. 1.04V* 1.04% 1.03% 1.03% 1.04% Sept.. 1.07V* 1.07’,i 1.06% 1.06% 1.07% Dec... 1.11% 1.12 1.10% 1.10% 1.12% CORN— Mav.. .79% .79% .78'% .78% .79% July.. .80% .81 .79% .80 .81% Sept.. .81% .82 .80% .80% .82 % Dec... .75% .75% .74% .74% .75% OATS— Mav.. .41% .41% .40% .40% .41% July.. .41 .41 .39 .39% .40% Sept.. .39 V* .39% .38'4 .38% .40% Dec... .42% .42 % 41V* .41 Vi .42% Mav.. .59 .59 .58 .58 .59% July.. .62% .63% .81% .61% .63V Z Sept.. .67 .67 .65% .65% .67% Dec... .70% .70% .69 ’4 .70 .71% LARD— Mav. 10.25 10.27 10.25 10.25 $0.22 July. 10.30 10.35 10.27 10.30 10.32 Sept. 10.50 10.55 10.50 10.50 10.52 BELLIES— May 13.70 13.70 July. 13.50 13.50 13.50 Sept. 13.57 13.57 13.60 Bu Times Special CHICAGO, Mav 20.—Carlots—Wheat. 31, corn, 113; oats, 145; rye. 1; barley, 4. Bn United Press , TOLEDO 0., May 20.—Cash gram close; Wheat—No. 2 red. Jl.lOVzft 1.11 Va. CornNo. 3 yellow, 84®>8Ec. Oats—No. 2 white, 46%ft 48%c. Rye—No. 2,85 c. Barley—No. 2 62c. Clover—Domestic, cash, new $11.75; Prime choice. sl2: October. $12.60; December. $12.80. Alsyke—Cash sll. Butter—Fancy creamery. 381736 c. Eggs— Country run 18@20c. Hay—Timothy—sl.2s cwt. —• PAITYLEADERS 6ATHERIN CITY Democratic Heads Hold . Session at Claypool. Issues inviting planks in the Democratic state platform were discussed this afternoon by a committee of twenty party leaders meeting at Democratic state headquarters in the Claypool. Meeting with, the party leaders were five prominent Indiana educators, Robert J. Aley, president of Butler college; George Tapy, professor of psychology at Wabash college; Homer Rainey, president of Franklin college; Albert Fries, Spencer school superintendent, and George L. Cole, Lawrenceburg, Dearborn county school superintendent. State school aid, income tax legislation, relief from the direct property taxation, state expenditures, reapportionment, constitutional convention and primary law reform were to be discussed. A sub-com-mittee is to be appointed to write the findings of the committee and report to the resolutions committee of the Democratic state convention, June 10.
Produce Markets
Eggs (country rum—Loss off delivered In Indianapolis. 17c; henery duality. No. 1 20c: No. 2. 15c. Poultry (ouylng prices i—Hens, weighing 4Vi lbs. or over. 20c; under 4*/2 lbs., 20c: Leghorn hens. 17c; springers. 4 lbs., or over 21c: under 4V 2 lbs., 21c; broilers. 1930. 25c; old cocks. 12@15c: ducks, full feathered, fat. whites. 12c: geese. 10c These prices are for No. 1 top duality auoted bv Kingan St Cos. Butter (wholesalei—No. 1. 42043 c: No 2. 40(fi:41c. Butterfat—3sc. Cheese (whoiesaie selling price per Doundi —American loaf. 31c: pimento loaf. 32c; Wisconsin firsts. 27c. Longhorns 34c New York limberger. 36c. Bi> United Press NEW YORK, May 20.—Flout—Dull and lower; spring patents. $5.700,6.10. Pork— Steady; mess, $32. Lard—Dull; middle west spot, $10.70010.80. Tallow—Steady; special to extra 57-(Mc. Potatoes—New, steady to firm; old, dull: Long Island, $3.50(0.4.50; southern. $3.50(7/8.25; Maine, S4WS per bbl.; Bermuda, s6@9. Sweet potatoes—Dull; jersey baskets. 35c(7/$3.25. Dressed poultry—Easy: turkeys. 25043 c; chickens, 170 36c; capons, 300:45c; fcls. 14(7/29c; ducks. Long Island. 19(g.20c: Live poultry—Steady to firm; geese, 12/57.14c; ducks, 14(7/24c; fowls, 260 28c; turkeys, 15(7/ 30c; roosters. 15i. 17c; broilers. 180.40 c. Cheese—Quiet; state whole milk, fancy to specials, 240.26 c; Young America, 21®25c. Bu United Press CHICAGO. May 20.—Eggs—Market, steady; receipts. 32,554 cases: extra firsts, 21>2a22c; firsts, 21 Vic; ordinaries. 190: 19*2c; seconds. 17Vie. Butter—Market, firmers, receipts. 19,351 tubs; extras. 33Vi (7/ 34 Vic: extra firsts, 31Vi'7/32V5c; firsts, 29 l ic£z3o , 2c; seconds. 26Vi0 27V 2 c; standards. 33Vic. Poultry—Market, steady; receipts. 3 cars; fowls, 23c; springers, 25c; Leghorns. 21c; ducks. 13(7/15c: geese. 14c; turkeys, 20c; roosters, 13’2'1l 14c; broilers, 30(7/ 38c. Cheese—Twins, 17 H (7/17 Vic; Young Americas, 19c. Potatoes—On track. 256; arrivals. 115; shipments. 431; market, old stock, steady; Wisconsin sacked Round Whites. $2,354/3; Idaho sacked- Russets. $3,700.3 85; new stock, firm; Texas, Alabama and Louisiana sacked Bliss Triumphs, $3.40(0.3.65. Bu United Press CINCINNATI. 0.. May 20.—Butter steady: creamery in tub lots according to score 310 34c: common score discounted 2 03c; packing stock No. 1. 25c: No. 2. 16c: No. 3.12 c; butter fat 32@35c. Eggs —Steady; cases Included: fresh gathered 20 l -2C; firsts. 20c: seconds. 17Vic; nearby ungraded. 19'2c. Live Poultry—Thin and coarse stock sells only at heavy discount; Fowls 5 lbs and over 22c; 4 lbs. and over. 24c: 3 lbs. and over. 24c; Leghorns. 3 lbs. and over. 19c: roosters. I2c: broilers colored over 2 lbse.. 37c: IVi lbs. and over. 35c: m lbs. and over 30c: Leghorn and Orpington broilers IV2 lbs. and over. 32e: 1V lbs. and over, 26c: broilers partly feathered 246 26c: black springers, 24c. Bv United Press CLEVELAND. 0.. May 20.—Butter—--1 E~.tras. 37>2c; firsts. 37c. Eggs—Extras, iSIV-c: fl-sts. 20 >i 4/ lit-- Poultry—Fowls. (2*4/25c: Leshern. 20<-/2ic: heavy springers. : a*'- ■i'c: Leghorn su-ingers. 28032 c; ducks. " '.•"2c: a- a-s 15 ~?r old cnce*. 13# 14c; •O*,’-e rots tecs— Maine Green 1 r-V 120 Ib. sack;
The City in Brief
WEDNESDAY EVENTS Ladies Oriental Shrine convention, Severin. Indiana State Dental Association convention. Clavpool. Disciples of Christ convention, Central Christian church. Mutual Insurance Association luncheon. Columbia Club. Kwianis Club luncheon, Claypool. Lions Club luncheon. Lincoln. Purdue Alumnia Association luncheon, Severin. Illini Club luncheon. Board of Trade. Rebekah state assembly convention, Denison. Indiana Funeral Directors’ Association convention. Manufacturers’ ' building, state fairground. Junior League Rodeo and Horse show, state fairground. Indiana Industrial Lenders’ Associatidh convention. Lincoln. Indiana Indenendent Order of Odd Fellows convention, I. 0.. O. F. building. School children of Richmond will give a marionette play at 2 Wednesday afternoon in the Roberts Park Methodist church. The group is sponsored by Miss Emily Parker, a state worker for the Indiana Council of Religious Education. Contracts for history textbooks for the third, fourth, fifth and sixth grades have been awarded the Bobbs-Merrill Company by the state textbook commission of Kentucky, it was announced today. The histories were written by Henry Noble Sherwood, former Indiana state superintendent of public instruction. Election of Dr. Frank S. C. Wicks as president concluded the annual meeting of the Indianapolis Literary Club Monday night. Other officers are: Rabbi Morris M. Feuerlicht, first vice-president; Evans Woollen Jr., second vice-president; Warrick Wallace, third vice-president; James A. Rchbach, secretary and George C. Calvert, treasurer. Baseball, golf and other sports are on the program for the field examiners’ picnic of the state board of accounts to be held at Porter's Camp, near Shelbyville, June 23, it was announced today by Chief Examiner Lawrence F. Orr. Members of the Phi Chi, medical fraternity, will hold their annual
On Commission Row
FRUITS Apples—Basket: Baldwin. [email protected]: Stayman s2®3; Winessps. $3.25: Northern Spv *2.25; Ben Davis. $2.25. Boxes: Delicious. $4®4.50: Stayman. $3®3.25: Wine; srps. $2.75(03.25. Barrels: Baldwin. s6® 6.50: Ben Davis. $5.50: Winesaps. s7© 8.50. Grapefruit—Florida. a crate. Grapes—California Emperor, kegs. $5.50. Lemons—Fancy California. $5.75(86.75: imported. Messina. $5(ft5.50. Limes—Florida. $2.50(83 a 100: Do"granges— Florida. $6®8.50: California, naval. ss®9 a crate: Valencia. s6.2sffiß a Pineapples—Cuban. $4.25 a crate. Strawberries —Alabama. 24-ouart crate. $5<®5.50. Pears —Avocado. California. $7 a dozen. D'Anjou. $4.75@5 a box. VEGETABLES Artichokes—California. $1.25 a dozen. Asparagus—California and Georgia. 45c a bunch: $3.50@4 a case. Beans—Texas stnngless. $3.25 a hamnCßcets—Louisiana, new. $2.50 a crate: Indiana. $2 a bushel. Cabbage—Texas, new. 6V2<®7c a pound. Carrots—California. S3 a crate: Texas $2.75: Indiana. $1 a bushel Cauliflower—Western. $1.75®2.25 a crate Celery—Florida. $4.75%5 a crate. Cucumbers —Hothouse. $1.65 a dozen. Eggplant— Southern. sl.2s<ft2 a dozen Kale—Eastern. $1.25 a bushel. Lettuce—California Iceberg. $4.50®5 a crate: hothouse, $1.50 a flfteen-nound Colorado Spanish. *1.75 a crate: Indiana vellow. $1.25 a sixty-pound bag: white. $2 a bag: green, home-grown 45c dozen: new Texas vellow Bermuda. $2 40 a Parsley—Southern. 50c a dozen bunches Parsnips—lndiana. $1.35 a bushel. Peas—California. $3 a hamper. Peppers—Florida. $6 a crate. Radishes—Hothouse, buttons. 60c dozen bunches; Southern long red. 25c; Arkansas. three dozen bunches. $1.50. Rhubarb—Home-grown. 35c a dozen. Spinach—Texas. $1.25 a bushel. Tomatoes—Florida. ss®6 a crate: Mexican. 10-pound box $2. Turnips—lndiana $3: new $4. Potatoes—Michigan round whites. $5 0.25 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 hamper. Sweet Potatoes - Tennessee. $2.25: Louisiana Golden Glow $2.75. Marriage Licenses Rov Heggens, 25. of 217 West Pratt, engineer, and Martha Hegar, 21, of 2018 Ba jose'ph le j k Conrad, 23, of 4339 Sangster chauffeur, and Mary L. Skinner, 21, of 1227 Calhoun, waitress. „ „„„ , George B. Hamilton. 35, of 122 West Tenth, machinist, and Hazel D. Dooltn, 34, of 246 North Temple, seamstress. Jesse Troust, 22, of 476 South Pine, chauffeur, and Pauline Rhude, 18, of 322 Geisendorff, waitress. Carl Bowser. 21. of 1422 Spann, carpenter, and Edith F. Miller, 21, of 520 Moreland, clerk. , „ Merle A. McCloud, 20, of 812 Greer, salesman, and Juanita Stamper, 25. of 5332 East Washington, stenographer. Joseph Denker. 25, of 619 Langsdale. mechanic, and Beatrice E. Fleming, 19, I 1201 West Twenty-seventh. I James E. Young. 30, of 1821 Columbia, shipper, and Amanda J. Blackwell, 24, of 1029 Edgemont. ~ , Preston G. Hopson, 42. Nob'.esville. farmer, and Alta M. Bay. 36. of 2053 Olive. Everett P. Cottrell, 23, of 1713 East Minnesota, clerk, and Irene L. Ferris, 23. ot 3408 Clifton. „ , _ William G. Mayhew. 21. of 4444 Sangster. contractor, and Margaret L. Selig, 18. of 4455 Sangster. clerk. Charles K. Andrews. 22, of 4511 Caroline. contractor, and Aria W. Wilkinson. 20, of 4453 Sangster, instructor. J. Kenneth McVay. 29. of Albany, auditor, and Ida E. Gronaner, 28, of 831 North Tacoma, cashier. Births Girls Edward and Florence Sims. 1645 Ringgold. Benjamin and Irene Roach. 5901 Julian. Joe and Crystal Boyd, city hospital. John and Nellie Frye, city hospital. James and Elsie Murray, city hospital. Elmer and Bessie Johnson. 235 Douglas. Sherman and Frances Nott, 508 North Noble. Nolan and Louise Austin, 309 North Davidson. Ellis and Mary Brizendine. 449 St. Peter. Jennings and Goldie Kenipe. 918 Lexington. Louis and Frieda Wacker. 367 Grand. Lee and Hildred Davis. 831 Oakland. Boys Fred and Ruth Manning, city hospital. Robert and Garnett Davis, city hospital. Henry and Thelma Mayhew. city hospital. Francis and Idella Reams. 635 South Alabama. George and Mary Helms. 936 Pansy. Max and Dorothy Piersall. 1315 East Market. James and Marie Smith. 735'/a North California. Herbert and Linda Winchester. 5249 East Thirtieth. Horace and Flossie McGinnis. 123 Albany. Charles and Helen Emery. 2635 Adams. Harold and Sarah Emrck, 2320 Spann. Earl and Lora Brubeck, Methodist hospital. William and Lillian Kennedy. 1021 Hosbrook. Deaths Charles MqCleerey. 68, city hospital, chronic nephritis. Norman Vanderwalker. 30. city hospital lobar pneumonia. Nona Ann Moyer. 30 274 Burgess, carcinoma. Henry W. Kappus, 29, 1218 Finley, double pneumonia. Henry Dunn. 52. 524 South East, chronic, myocarditis. William P. Smith. 70. Methodist hospital. coronary thrombosis. Serena Chappie. 72, 428 Fulton, chronic myocarditis. Susan McMahan. 81. 1120 Eugene, chronic myocarditis. Wavey S. Lambert, 26 tJi Church, tbphoid fever. Sanford G. Pittman. 5. Methodist hospital. accidental. Grace Pearl Betts. 26. 849 East St. Clair, carcinoma. Barbara Lee Bookwalter. 1 month. 141 North Sheffield, broncho pneumonia. Ora B. Sumner. 37, 1406 Richland, pulmonary tuberculosis. Christian W. Schad, 75. city hospital, accidental. Harry C. Walker. 50 Methodist hospital, pneumonia. Nelda Seidel Scott. 70. 906 West Drive. Woodruff Place, pulmonary tuberculosis. Harriet Dunlop. 80. Central Indiana hospital. chronic myocarditis. Joseph E. Walton. 86. 3031 Nowland. cardio vascular renal disease. Samuel Cowen Burton. 2025 Barth, angina pectoris. Charles Wesley Craig. 34. 1042 Ne.son. acute dilatation of heart. Elizabeth Rothert. 78 426 North Wallace, chronic myocarditis. Orville Hatzell. 41. city hospital cerebrosftLsal meningitis. . . Sarah Gibson. 27. city hospital, acute myocarditis. , , Maude West. 18. Coleman hospital, senticaemia. V Minnie Schmidt. 76, 143 J Kennlnfien,
spring banquet tonight in the Spink-Arms. Seniors of the local chapter will be presented fraternity shingled. Arthur B. Richter, presiding senior, and other officers will be installed. Dr. Homer P. Rainey, president of Franklin college, addressed the brotherhood of First Baptist church Monday night. New officers elected at the meeting were J. E. Shewmon, president; Earl E. Christena, vicepresident; . Bliss B. Straight, secretary and Harry Bauer, treasurer. Arrangements for a recital by Mine. Sturkow-Ryder, pianist and composer, at th* luncheon of the Kiwanis Club in the Claypool hotel Wednesday, have been completed. Mme. Ryder has played with the Chicago, New York and Minneapolis symphony orchestras, and is an internationally known artist. Officers and members of the executive committee of the Indiana Conference on Social Work will meet Friday to plan the program and date of the annual state meeting to be held at G*ry some time next fall, Secretary John A. Brown of the state board of charities, announced today. FOHL TO HEAD MUSIGGONTEST
Atwater Kent Opens Search for Singers. Carl Fohl, of the Indianapolis Times advertising staff, will be state manager of the fourth national radio audition, according to announcement by Mrs. Frank B. Hunter, state chairman of the Atwater Kent Foundation sponsorship committee. He will give Mrs. Hunter special assistance in the search for young singers to represent Indiana in the contest for $25,000 in cash awards and ten music scholarships bestowed annually by the foundation on the ten national winners in the audition. A series of tests will take the young singers through four auditions on the way to national honors. The first of these is the local audition, held in any community that desires to enter candidates. All that is necessary for either a community or a singer to enter is to notify the state chairman or state manager. A statement of the conditions of the contest will be furnished. These are simply that the contestants must be between the ages of 18 and 25 years and must not be professional singers, engaged in singing as a means of livelihood. DROP SUITS TO BARCEHETERY Pave Way for Development of $1,000,000 Site. Appeals on two suits to halt development of the Indianapolis Me- [ morial Park cemetery were dismissed by Merle Walker and Thomas Stevenson, counsel for plaintiffs, in the Indiana supreme court today, and the way cleared for development of the $1,000,000 cemetery along Kessler boulevard. The suits were appealed by the city and Mr. and Mrs. Earl Cox, property owners. Passage of an ordinance repealing the ban on cemeteries within 1,000 feet of a boulevard was being held up today by city council pending an agreement between Jackiel W. Joseph, park board member, and Indianapolis Memorial Park cemetery officials. Joseph, counsel for the Broadmoor Country Club, objected to passage of the measure Monday night before the removal of two graves within 500 feet of Kessler boulevard. Attorneys had signed agreements that the cemetery would “make every effort” to remove the graves in consideration of the promise to dismiss supreme court appeals. FILM ACTRESS TO WED Dorothy Dwan, Widow of Larry Semon, Will Marry Oil Heir. Bu United Press LOS ANGELES, May 20.—Dorothy Dwan, film actress and widow of Larry Semon, and Paul Morthcutt Boggs Jr., son of a Union Oil Company official, plan to be married late this week, it was announced after the pair filed a notice of intention to wed. They each gave their age as 23. KILLER DIES IN NOOSE Former Champion Ski Jumper Pays With Life for Crime. By United Press SYDNEY, N.S., May 20.—Ingvald (Bing) Anderson of Berlin, N. H., former New England champion ski jumper, went to his death on the gallows early today for the murder of Dubois Rehberg, hotel porter. Building Permits Fred Clark addition. 5905 College. $5 000. D. Tooiey. repairs. 358 North Holmes, *2OO. F. Graham, dwelling and garafte. 1320 North Bancroft, $3,200. G. A. Showalter. repairs. 330 North niinois. $335. Pat Quinn, garage. 1151 Marlowe. S2po. -Vina G. Morris, remodel. 620 East Thirteenth $2,500. Vin* G. Morns, garage. 620 East Thirteenth. SI,OOO. G. Ewing, garage. 1204 Cornell, $215 E. M. Miller, shed. 2762 Roosevelt. $525. City Employes Face Dismissal Bv United Press MUNCIE, Ind., May 20.—Dismissal of twenty-six of Muncie’s fortytwo policemen and fifteen of fiftytwo firemen on charges of inefficiency was forecast as ‘part of the work that will be done by the board of safety at its meeting tonight. Mayor George R. Dale employed an entirley new police force when he entered office Jan. 1, most of whom were inexperienced.
The Sieiner Electric Lawn Mower ML Mow* Quicker —Better—Easier. $45.00 guaranteed Attach to any light socket. Write for demonstration May Vt to 31. STEINER-FULTON PRODUCTS CORP. 5791 EASTON. ST. LOUIS, Mo. ____
AMAY 20, 1930
POLICE TRIAL IS CONTINUED Officers Were Offered Free Uniforms, Board Told. Charges that the Fecheimer Uniform Company of Cincinnati had promised former Police Chief Claude A. Worley and several other former police officers''free uniforms for the contract for department uniforms, were made today before the board of public safety in trial of John Ambuhl. former secretary to Worley. Ambuhl was charged with conduct unbecoming an officer, accused of delay in payment of accounts to the uniform company. He was in charge of collections of funds for uniforms from policemen. Robert Mulvihille, representative of the company, denied promises of free uniforms to former Chief Worley and former Captains Leonard Forsythe and Water Coffey, but admitted promise of a free uniform to George Cox, police station custodian, who, he said aided, in storage of the suits. Mulvihill declared all accounts with the company now have been settled by Ambuhl, but. added, SI,OOO was owing April 1. The trial was being continued this afternoon. The board reinstated Edward Shubert to police duty and named George J. Connell to the department.
In the Air Weather conditions in the air at 9 a. m.: Northwest wind. 8 miles an hour; barometric pressure, 30.28 at sea level; temperature, 59; ceiling, 3,000 feet; visibility, 10 miles; field good. Planes Enter Tour Three new entries in the second annual all-Indiana air tour, June 16-21, today raised the total of airplanes entered thus far to twentythree, according to Lee H. Hottel, tour director. Clyde Shockley of Shockley Flying Service, Kokomo, will pilot a Stinson Junior cabin monoplane; Glenn Doolittle, Kokomo, will fly a Waco biplane, powered with a Wright J 6 motor, and the Chicago Herald and Examiner entered a Stinson, which will carry Frank J. Prince, Hearst representative in South Bend, on the tour. Hottel said he probably will announce the tour’s itinerary Wednesday or Thursday. West Sea Hop Planned Bv l nited Press PARIS. May 20—Dieudonne Coste announced today he definitely has decided to attempt a flight from Paris to New York next month, the exact day of departure depending on weather conditions. Coste, who will be accompanied by Maurice Bellonte, his companion on the record breaking flight to Manchuria last year, will follow the northern route to New York. Most of the route lies along the regular steamship lane. Girl Flier’s Trip Delayed Bv United Press SEMARANG, Java, May 20-Miss Amy Johnson, young British aviatrix on a solo flight from London to Darwin, Australia, arrived here today after a forced landing at Tjomal, seventy miles east of here. The 22-year-old girl’s plane was in need of repairs when she brought it to a safe landing here, causing postponement of her departure, scheduled for today, for the island of Bima. From Bima she planned to make the last jump directly to Darwin. Two Win Licenses Private pilot licenses wore awarded two student fliers of the CurtissWright flying school at Mars Hill airport Monday following tests given by a department of commerce official. The fliers were Maurice Graham, 933 North Pennsylvania street, and B. B. Spangler, 3720 North Pennsylvania street. TROUBLE IN ANY TONGUE Chicago Police Swtichboard Takes Complaints in Seven Languages. Bu United Press CHICAGO,. May 20.—Trouble now can be reported to the Chicago police department n seven languages, including the Scandanavian. A special switchboard, known as police 1313, was in operation today with fluent listeners in French, Polish, Swedish, Yiddish, Italian, German and English ready to hear the worst.
James T.Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel., Riley 5493 Riley 6494
R.H. Gibson & Cos. Membert Km YORK. Chicete end CindmmM Sleek Ezchanies S2O Circle Tower Indianapolis Tel. Lincoln 2341 SI Broadway NEV YORK 307 Dixie Terminal BUg. Cincinnati
