Indianapolis Times, Volume 42, Number 22, Indianapolis, Marion County, 5 June 1930 — Page 14
PAGE 14
STRONG CABLES ADD FIRM TONE TO GRAIN MART Liverpool Strength Offsets Weakening Effect of Rain Reports. r ' June 5 —Wheat opened unevenly steady on the Board of Trade today with fairly firm foreign cables offsetting added rain reports from the west. Liverpool resisted the decline with a better demand from the continent and few sellers as the contract stocks are low and the Italian estimates are again being reduced. Buenos Aires was '* to *,* cent lower at the start. Reports of scattered rains ranging from showers to heavy precipitation came from the grain belt. Corn was steady to higher and oats about steady. At the opening wheat was Vi cent lower to Vi cent higher, com was unchanged to U cent higher and oats was unchanged to % cent lower. Provisions were about steady. Failing to follow the full decline here Wednesday, Liverpool opened lower but showed strength, regaining a small part of the loss to stand V* cent to % cent lower at midafternoon. The sentiment in wheat was mostly bearish at the close, and it is said that one of the big shorts had covered his line, which would be reflected in the buying power today. Further long liquidation is expected if it is shown that the Canadian and American northwest has received sufficient moisture, concerning which there is a difference of opinion. While corn closed Tower Wednesday there was no weakening in the underlying tone. The cash demand remains good and the farmers are holding their old corn until they are sure of the new. Considerable replanting was necessary in lowa, due to the heavy rains. All the hazards for the new crop are ahead of it. Oats followed the lower trend of the other grains and while news from Missouri was distinctly unfavorable ti had little effect. Trade at present is mostly between locals. Chicago Grain Table —June S—WHEAT— Prev. High. Low. 11:00 close. July 1.05 1.04% 1.05 1.05% September . . 1.09 1.08 1 1 1.08% 1.08 a December ... 1.13‘a 1.127a 1.13 1.13% Ju?v° RN 81% .80 1 2 .80’.- .81% September ... .82 .81% .81 -81* December ... .76% .75% .<5% .76'* JuU^ TS ~.. .40% .40.40 .40% September... .39% .39*, 39% .39-, December ... .42% .42% .42% .42% EYE — Julv *2’i .817* 635" *3, September ... .66'2 -S?,? ‘S?-,* December ... .71% .70% .71'2 -71.. Ju T Iy ARD 7 10 15 10.15 September 10.35 10.35 r june s.—Carlots—Wheat, 15; torn. 137; oats. 22. anu barley. 2.
Investment Trusts
ißv James T. Hamill & Co.l —June 5 , . , Bid. Ask. Basic Industry Shares 9 ®% Corporate Trust Shares 9% 10% Diversified Trusht Shares A.. 25^ s ... Diversified Trust Shares 8... 21% 21% Diversified Trust Shares C # 9% Nation Wide Sec 9% 10% Fixed Trust Shares A.. ... 21% Investment Tins’, of New York 11 11% Leaders of Industry 11% 12% North Amer Trust Shares 9% 10% Standard Oil Trust Shares... 7 9 S W Strauss Inv Units 52 58 Selected Amer Shares 7% % Trustee Standard Oil Shares B 11 11% U S Elec & Power Shares A.. 41 43 TT S Elec & Power Shares B . 12 12%
New York Bank Stocks
—June 4—• Bid. Ask. America 128 130 Bank of United States 55>j 56 Bankers 16" ll Brooklyn Trust <95 *2o Central Hanover 380 383 Chase National 155 2 155 * Chatham Phoenix Natl. ... 130 139 Chemical 73 a 74'* Citv National 2 i??.. Corn Exchange 220 c?l * Commercial 538 54a Continental ijj 57 FmDire c ?Va First National 5.9*5 5.9,5 Manhattan A- Cos 130 130>j Manufacturers 128 2 130 New York Trust 293 296 Public 151 133 Chelsea 48 _ NEW YORK COFFEE RANGE High. Lo v. Close. March 7.21 7.20 7.21 May . 3.0# 7.08 7.09 July ................ ~85 7.79 ~85 geS^ 7: ?: ?:8 SLEEPS IN BREAD BOX Grocer Opening: Store Finds Negro Boy Slumbering Soundly. Slamming down the lid of a bread box at his store when he found it open early today. H. B. Gaston, grocer at 701 West New York street, locked it and called police. Officers, examining the box when they reached the store an hour later, found Richard Sneed, 11, Negro, 1812 West Tenth street, curled up in the bottom, fast asleep.
Ur WILD INfISTMENT CO j “Leaders of Industry” Shares A Fixed Trust 129 E. Market Lincoln 6884
PURE LINSEED OIL SJ.I7 Per Gallon Marion Paint Cos. i66 S. Meridian St RI ley 9165
James T. Hamill & Company BROKERS Indianapolis MEMBERS Chirago Stock Exchange Chicago Board of Trade Indianapolis Board of Trada Associated w York Curb 203 Continental Bank Bldg. Tel.. Bile? 5493 Riley 5494
WILL CITIZENS GAS PFD. [""J I BUY 41* Lemckc Bids. 10110
New York Stocks 1 ■ iß* Thomson ft McKinnon! —1
—June 5 _ „ Railroad*— High. Low. 11.30 close. Atchison **“ Atl Coast Line ... , Balt * Ohio ... 11114 111* 111* 111* Chesa As Ohio 21X% 213* Chesa Corp ? Chi Ort West 13* **•* CW N West *1 * C R I & P ii iL , Del & Hudson . .. •• -2? Erie 4474 44 44 45 Great Northern ,22 2 Illinois Central 138 l",, Lou h Nash 135 * MK * T 49’$ 49% 49% 1 4 jMo Pacific pfd ■ ji: .% foiai IN Y Central 174*,-2 174 I*4 174 a N Y N H & ‘iS.Nor Pacific .... ••* ** * ill) V* i Norfolk ft Wash .. *2^ Pennsylvania .. 77% 77*4 77 * ,127? SO Pacific 07 ■* Southern lit Paul PM. .. 30% 30% 30% 31% > St L Sc 8 22. Union Pacific AO Wabash 49% 49 49 50 a W Maryland ... 30 29% 29,2 30% Equipment*— Ml- - Locomotive JS Am Air Brake 8 -i:., Gen Am Tank. ... ■•. ld i,= Oeneral Elec... 83% 83% 83 4 83, a Lima Loco fi Man El Sup .. i!-, ••• N Y Airbrake... .41 40% 40 / •• ■ Press Stl Car ... -i v -cc,, 73 i,. Pullman 73% 73% <3 * Westingh Air B. 42% 42 .12 ,12 2 Westtngh Elec .180% 179 179 180 p}rt stone ..v.v.v; :: ::: “* 3% Goodrich JO'/a 39 39% 40 j a Goodyear 86% 85% 86 86 * Kelly Sprgfld ... .. ■■■ 4 {f e s R fe r :::: 30% 3*vj 30% 30% Motors — ... er % i*% % \ Gardner 4 '* J./ 4 Graham Paige . .. ■■■ ••• ,5,7 General Motors. 50% 49% 49% 50 a Hudson 43 7;/* Hupp J S-'l Mack iiff Marmon l?' 2 Nash 40 33% 33% 40 Packard -j J® * Studebaker .. |5% 35% Yellow Truck .. 267a .6% 26/a 27 Bedlx Aviation.. .. ... 42 42, Borg Warner ... .. ••• re.. Briggs 22% 22% 22 2 2, Campbell Wy 25 2 ... Eaton 31 30% 30 4 31 El Storage B 72 y s s a ßody .:::: i5.,4 lB w hee 1.::::: ::: 27% 1?% Stewart Warner. 29% 28% 29% 29% Timkln Roll 72% 71% 71% 73% Mining— Am Metals 40 39 39 40 Am Smelt 71% 71% 71% 71 Am Zinc * ••• Anaconda Cop.. 67% 55% 06% 58,4 Cal Sc Hecla.... 1814 187* 18% 18 Cal Sc Arlz 62 60% 60% ... Cerro de Pasco |3 , “ 3 Freeport Texas.. 51% 49% 507* 49 Granby Corp .. 32 31% 31% 32 Great Nor Ore 211a Howe Sound 3 f/Int Nickel 31/ Inspiration 19v 19 a KClinecott Cop.. 47% 46% 46% 47,a Magma Cop ~ ••• . 30% ... Miami Copper... 22 21’.2 21% 22 Nev Cons 20% 2G 20 20*/4 Texas Gul Sul.. 607a 6074 60‘/4 66 U S Smelt 27 Amerada ...... 31 30’a 30% 30',i Am Republic 27 26% 26% ... Atl Relining ... 43% 43 a Barnsdall 27% 2i% 27% 27% Be*con ... lTlg ... Houston 110% 109% 109% 108 Ind OH ?5 20% Indian Refining.. 18 16% 167* 18 Mex Sbd 30% 29 7. 29% ~9 4 Mid Conti 287a 28 28 28% Pan-Amer B .. .•• 63-; b3_a Phillips 377a 37% 37 * 37 ,a Pr Oil & Gas 44 Pure Oi' ... 23 23 Richfield 2274 22% 22% 22% Royal Dutch 52,a 52 4 Shell Un 21 20 3 * 20% 20% Simms Pt ••• 28,a 27 Sinclair 2974 28% 28,a 28vi Standard of Cal 71 70% 71 70% Standard of N J 80'* 70% 1% Standard ol N Y 36% 3% Texas Cos > s ° 88 Am te ßoir Mills.. 68% 68% 687, 69 Bethlehem 94% 94 94% 937* Byers A M ....100% 99% 100 V, 99 Colo Fuel 69',2 68% 69 67/a Ludlum**. 1 . .V.V.V 35% *35% ‘3 574 Newtcm* VVVV.V V , V! *49 49% Repub ISc 5.... 58% 58',a 58% ,58 TT S Steel 171 170 170 170% Vanadium 122% 120% 120'* 121 -a Youngst S & W 38% Tobaccos— SsW::::2ii!4 i% 2 | ’ lC? At C Myers B. .108% i06',2 106% 106% LorlUard 24% Phil Morris 11* Reynolds T0b.... 52'* 527* 527* 52% Tob Pr A 11% 11% Tob Pr B 4% 4% United Cig 97i 8% 8% 8% Utll'ties — Abitibi 317* ... Adams Exp .... 31 74 31% 31% 31-* Am For Pwr ... 86'* 86*,2 8672 86■ Am Pwr Sc Lt • ■ • 108% A T Sc T 230 3 4 23074 230V* 230% Col Gas Sc E 1.... 837 b 8274 83% 83% Com Sc Sou 17% 177a El Pwr &LI 93% 92% 93 93 Gen Gas A 13e* 13% 13% 137a Inti TANARUS& T 64% 62% 63% 63 Natl Pwr Sc Li.. 49'* 48% 49% 48% No Amer Cos ...1267a 125% 125% 128% Pac Gas Sc El ... ® 8 ;? Pub Serv N J... 114 1137* 1137a 11474 So Cal Edison.. .'. ... 6572 ... std G Sc El 118% 11874 118% 118 United Corp .... 45 447* 44 3 /* 4374 Ut Pwr Sc LA 40 41% West Union 185% 184% 185'.4 1847a Shipping— Am Inti CorJ 45 447* 447* 45'* Inti Mer M pfd. .25 23% 23% 2a',2 United Fruit 91% 9174 Food*— Am Sugar 63 Armour A 674 674 67* 6% Cal Pkg 69 3 4 Can Dry 6974 687* 6974 6874 Childs Cos 65% 65% 657* 65 Coca Cola 1917* 189% 189% 185% Cont Baking A.. 2874 2774 28% 27% Corn Prod 1087* Cudahv Pkg 43% Gen Foods 60% 607* 607* 61 Grand Union 16 Hersev 107% 107 107 1067* Kroger 337a 337a Nat Biscuit 917a 917* 917* 91% Pillsburv 31% Safeway St 99% 98% 9974 99% Std Brands 2374 237* 23% 2374 Ward Bkg 1074 11 Drugs— , Cotv Inc 26% 25 25 26% Lambert Cos 97% 96% 97% 967a Lehn Sc Fink 257* 25% 257* 257s Industrials— Am Radiator 32% 32 32 3174 Bush Terms 42% ... Certalnteed 9% 97*
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis bank clearings Thursday June 5, *3.661.000; debits, *6,881,000. CHICAGO STATEMENT Bu F'nited Press CHICAGO. June s.—Bank clearings, *103,700,000; balances. $13,500,000. NEW YORK STATEMENT Bu United Press NEW YORK, June s.—Bank clearings, *1.285,000.000; clearing house balance, *211.000.000; federal reserve bank credit balance, *190,000.000. TREASURY STATEMENT Bu United Press WASHINGTON. June s.—Treasury net balance on June 3. was *100,259.341.82; customs receipts for the month to that date totaled $5,240,270 20; government expenditures on June 3. were $8.979.862.83.
Robert K. Tomlinson INVESTMENTS BX4-15 Continental Bank Bldg. Indiaiapolls Lin. 9618
R.H. Gibson & Cos. Mtmben BMW rOKK, Cbicege end CmtmmMt Sleek CrcAwfci 320 Circle Tower Indianapolis Tab IUI 254$ €1 Broadway NEW YORK ■ 907 Dixie Terminal Bldg. Cincinnati
Gen Asphalt 60 60% Otis Elev 7474 74 74 74% Indus Chems— Allied Cliem 312 Com Sol/ 29% 29% 29% 29% Union Carb 83% 83% 83% 83% U S Ind Alco 88% 88% Gimbel Bros 16% 16% Kresge 8 S 31% May D Store 51% Mont Waid 4574 45% 45% 45% Penny J C 87V* 66% Schulte itet It. 9% 9% 9% 8% Sears Roe 86'/* Wool wot th .. . 65% 64% 64% 64 % Amusements— Bruns Balke 20 Col Grach . 28 74 267 * 26 74 26% Croslev Radio 18'/a 1874 Eastman Kod ...244% 244 244. 245% Fox Film A .... 54% 527* 54 53 Grigsby Gru.. 28% 26 26% 25% Loews Inc 92'/* 91 91% 90% Param Fam 71 y* 7074 70% 70% Radio Corp 52 51% 51% 51% R K O 43 74 42 7 * 42 % 42% Schubert ... 25 Warner Bros ... 66 64% 65% 6474 Miscellaneous— Airway App 29% City Ice & Fu.. 437 4374 4374 4374 Congoleum 1474 Am Can 146V* 14574 14374 116% Cont Can 66% 66 66 Curtiss Wr .... 8 7 * 8% 874 8% Gillette SR 86% 87V* Real Silk 50 74 50 % 50% 51%
LA PORTE PHONE INCREASE ORDER IS CHECKMATED South Bend Superior Court Sets Aside Rewriting of of McCardle. Action of Chairman John W. McCardle of the public service commission in “rewriting” an order in the Laporte Telephone company case, giving the company higher rates, was checkmated by the superior court at South Bend, according to notice served on the commission today. In a ruling handed down late Wednesday by Judge Orlo R. Deahl the McCardle rate increases were set aside and the commission order sustained only so far as additional securities issue is concerned. On Line With Order This is in line with the original order in the case written by Commissioner Frank Singleton, who heard the evidence. He was supported by Commissioner Calvin McIntosh, but Commissioners Jere West and Howell Ellis joined with McCardle’s rewritten rate increases. Judge Deahl had this to say about the McCardle handiwork; “The court finds that the order to increase rates is unreasonable and should be set aside and enjoined.” The case as originally filed by Ed Klein, owner of the company, asked for a temporary rate increase. Unanimously Denied This unanimously was denied by the commissioners. They then asked for a permanent increase and McCardle gave it to them. This result followed numerous conferences between McCardle and State Senator Earl Rowley (Rep.), Laporte, who represented Klein. As assitsant atorney-general in charge of utility cases, George W. Hufsmith appeared at South Bend to defend the McCardle order. The case may be appealed to the state supreme court, it was indicated today.
In the Stock Market
(By Thomson Sc McKinnonl NEW YORK, June s.—Statement that President Hoover is keeping an open mind on the tariff bill is assurance that the bill must come to him in acceptable form to meet his approval. A short time ago there were suggestions that the President would veto the tariff bill, widespread protests against the tariff on the part of many industrialists and economists may be guiding the President more than at first thought. From some quarters the word is ventured that a tariff veto would have far reaching effect in stimulating business activity. Commercial news holds little of importance. Merger rumors concerning various oil and utility companies provide the chief interest. In the utility group a large transformation centering around Cons Gas is beyond the rumor stage and pretty definitely assured. Utilities and oils seem to be favored also with encouraging developments in trade conditions. Securities of these industries consequently are enjoying considerable activity. The share market generally remains in a waiting mood. However such periods r"ially present the most profitable opportunities for purchases of good securities.
Local Wagon Wheat
City grain elevators are paying 95c for No. 2 red wheat and 92c for No. 2 hard wheat. DIAL APPARATUS TO BE PUT ON DISPLAY \ Irvington Patrons May Inspect New Phone Equipment. Operation of the dial apparatus installed recently in the new Irvington exchange building of the Indiana Bell Telephone Company, 5747 East Washington street, may be seen by subscribers and friends at “open house” to be held Friday and Saturday from 10 a. m. to 10 p. m., officials announced today. Installed at a cost of about $300,000, the apparatus marked the substitution of dial service for the manual system.
Always the Latest Victor, Brunswick and Columbia Records Pearson Piano Cos. 128-130 N. Pennsylvania St.
Furniture—Rugs Draperies Sander & Recker Furniture Cos. MEBIDIAN AT MARYLAND
Your Savings Account With The Meyer-Kiser Bank Will Earn 4 Vt% Interest US E. WASHINGTON ST.
THE INDIANAPOLIS TIMES
SWINE MARKET DOWN 5 CENTS AT CITYYARDS Steady Trend Maintained in Cattle Trade; Sheep Sell Off. May Bulk Too Receints 27. $10.30 $10.30 - 8.000 28. 10.30(510.40 10.45 8.000 29. 10.60 10.70 5.500 June 2. 10.40(510.50 10.50 8.000 3. 10.400/10.50 10.50 7.500 4. 10.404/10.50 10.50 7.500 5. 10.35® 10.45 10.50 8.000 Hogs were steady to 5 cents lower this morning at the Union Stockyards. Prices for the most part being 5 cents down. The bulk, 160 to 275 pounds, sold for $10.35 to $10.45; top price paid being $10.50. Receipts were estimated at 8,000; holdovers were 575. The general trend in cattle was steady, receipts were 1,100. Vealers werr ; 50 cents higher, selling at sl2 down. Calves receipts were 1,000. Lambs were around 50 cents lower with good and choice kinds at sll to $11.50. Sheep receipts were 700. Chicago hog receipts were 27,000, including 7,000 direct. Holdovers were 6,000. Today’s market held steady with Wednesday’s average. A number of loads of 180 to 210-pound weights brought bids and a few sales at $10.40 to $10.45. Around 340pound weights sold at $10.30; 280pound weights, $10.20. Cattle—Receipts were 7,500; sheep, 13,000. —Hoes— Receipts, 8,000; market, steady. Heavies. 300 lbs. up $ 9.75® 10.25 250-300 lbs 10.25(510.35 Med. wts.. 25-250 lbs 10.35@ 10.45 200-225 lbs 10.45G10.50 Light wkts., 160-200 lbs 10.45(510.50 130-160 lbs 10.00(510.40 90-130 lbs 9.00(5 9.75 Packing sows 8.50® 9.50 -CattleReceipts. 1.100: market, steady. Beef steers. 1.100-1.500 lbs. good and choice $11.00(513.25 Common and medium 8.25®11.00 Beef steers. 1.100 lbs. down, good and choice 10.75(513.00 Common and medium B.oo® 10.75 Heifers. 850 lbs. down, good and choice 10.50® 12.00 Common and medium 6.00® 10.50 Cows, good and choice 8.00(5 9.50 Common and medium 6.0" 5 8.00 Lower cutter and cuter. 4.25® 6.00 Stocker and feeder steers, good and choice 9.00(511.00 Common and meduim 7.00® 9.00 —Vealers — Receipts. 1,000; market, steady. Medui mand choice $ 9.00® 12.00 Cull and common 5.50® 9.00 —Sheen — Receipts, 700: market, steady. Lambs, good and choice $10.50®11.59 Common and medium 3.00® 10.53 Ewes, medium to choice 4.00® 5.00 Cull and common 2.00® 4.00 Other Livestock Bu United Press CHICAGO. wJune s.—Hogs—Receipts, 27.000; including 7,000 direct; mostly, steady; weighty butchers steady to strong: top. $10.50; blulk, 160-300-lb! weights. $10.15® 10.45; choice 338-lb. weights. $10.10: packing sows. $9.15®,9.65; butchers, medium to choice. 250-350 lbs.. $9.90®10.40: 200-250 lbs., $10®10.50: 160-200 lbs.. [email protected]; 130160 lbs., $9.90®10.50: packing sows. s9® 9.75; pigs, medium to choice. 90-130 lbs.. $9.25® 10.25. Cattle—Receipts. 7.500. Calves—Receipts, 3.000: general trade, weak to 25c lower than Wednesday and 25 ®soc down for the week to date; lower grades predominating; all she stock very dull showing as much decline for the week as steers, bulls and vealers steady; slaughter classes, steer, good and choice, 13001500 lb.. sl2® 14; 1100-1300 lbs.. $11.50® 13.50; 950-1100 lbs.. $11.25513.50; common and meduim. 850 lbs. up. sß® 12; fed yearlings, good and choice, 750-950 lbs.. $11.25® 13; heifers, good and choice. 850 lbs. down, $10(9! 11.75: common and medium. [email protected]: cows, good and choice. $7.50®9.75: common and medium. [email protected]: low cutters and cutters. $4.50®6.25: bulls, good and choice, beef. $7.65®9; cutter to medium. $6.5057.65; vealers, milk fed. good and choice, $11®12.75: meduim. s9®ll; cull and common, S7®9: stockers and feeders, steers, good and choice, all weights. $9.75® 10.75; common and meduim. $7.50®9.75. Sheep—Receipts. 13.000; lambs, 25®00c lower: yearlings weak to 25c off: Californias arid native lambs. $12.50; some held higher: yearlings, $9.75®10.25; fat ewes, 25 or more lower at $5.25 down; lambs, good and choice. 92 lbs. down. $12513: medium. $10.25®12: cull and common. $8.50 510.25: ewes, medium to choice. 150 lbs. do"m. $3.505 5.25; cull and common, $1.50 <93.75. Fhi I'ni'cd Press ST. LOUIS. 111.. June s—Hogs—Receipts. 13,500: market, active: steady to mostl" 5c higher: most 150-240 lbs.. $10.35 5 10.40: top. $10.45: bulk sows. $9.2j. Cattle—Receipts. 2.000; calves, receipts, 1.500; market: steers mixed yearlings, heifers and bulls steady: cows, cutters and low cutters, slow: vealers. 25c higher at $11.75: few steers. $9.25®9.75: bulls, $7.25 down. Sheep—Receipts. 4,000; market: bidding lower on fat lambs; early indications, throwouts and sheep, steady. Bn United Press PITTSBURGH. June s.—Hogs—Receipts. I. market uneven, steady to 25c lower: 150-210 lbs., mostly $10.80: 220-250 lbs., $10.35510.65; sows. $8.9058.75. CattleReceipts. 25: market unchanged. Calves— Receipts. 200; market steady: good and choice vealers. $115)12. Sheep—Receipts. 500: market steady on lambs, yearlings and sheep sharplv lower: bulk lambs. sll@ 12.50; yearlings. SBS 9.50. Flu F'nited Press CINCINNATI, June s.—Hogs—Receipts. I 4.300, including 1.400 direct: held over 250; fairly active; steady to 5c lower: butchers. 160-250 lbs., showing loss, bulk good and choice 160-250 lbs.. $10.40510.60: ton paid freely for 170-240 lbs.: sprinkling 280-320 lbs.. $10510.25: bulk 120-150 lbs.. slo® 10.25; sows mostly $8.75; others down to SB. Cattle—Receipts. 400; calves. 350; indifferent: catch bid trade: quality mostly poor; grassers predominating: sprinkling sters and heifers. $lO down: cows 25550 c lower: beef grades, $6.5058: low cutters and cutters mostly $4.5056: bulls weak to 25c lower: bulk. $65 6.75; vealers opened active, strong to 50c higher; closing little more than steady: bulk good and choice handy weight. slls 11.50; most under grades. $95 10. Sheep—Receipts. 900: lambs mostly steady: choice grades scarce, active; sheep weak to 25c lower: bulk better grade lambs. $11512; common avd medium. $8.50510; bucks up to $10.60; choice light ewes. $5 down: heavies around $4; common sheep. $3 down. P.V Times Special LOUISVILLE. June s—Hogs—Receipts, 700; market. 10c lower: 300 lbs. up. $8.65: 225-300 lbs.. $9.70: 165-225 lbs.. $10.30; 130165 lbs., $9.50: 130 lbs. down. $7.50; roughs. $6.95: stags. $6.35. Cattle—Receipts. 100: market, steady; prime heavy steers. $10.50® 11. heavy shipping steers. $9.50510.50: medium and plain steers. $8.255.9.50; fat heife s. $7.50®11; good to choice cows. $6.505 8.25: medium to good cows. $5.505 ( 6.50: cutters, $5 5 5.50; canners. $3.5054.50: bulls. s6® 7.50; feeders. S85.10; stockers. *6.75(5 9.50. Calves—Receipts. 300: market, 50c higher: tops. $9.50510: good to choice. $7.50®9.50; mediunvto good. $657.50: outs. *5.50 down. Sheep—Receipts. 3,o00; market, tops. 25c lower: others, steady: ewes and wether lambs. $11.50: buck lambs, $10.50: seconds and fed lambs. *7®7.50: clipped sheep. $45 5. Wednesday’s shipments: Cattle. 139: calves. 200 hogs, 159; sheep. 2.867. Bu United Press TOLEDO June s.—Hogs—Receipts, 450; market, steady to 5c higher, heavies. *9.75 510; mediums. $10.255 10.40: yorkers. *9.75 510.25: pigs. $9.50®10.15. Cattle—Receipts light; market, slow. Calves—Receipts. light market, strong. Sheep—Receipts. light; market, steady. Bu United Press CLEVELAND. 0.. June s.—Hogs—Receipts. 1,500; holdovers, 108: mostly steady, spots 10c lower, bulk 150-210 lbs.. $10.75; 220-250 lbs.. $10.65: choice, 250-300 lbs. and plain lighter weights. C 40.50; pigs, *10.25. Cattle—Receipts 225; slow. weak, medium to good 900-1.090 lbs. steers. $10.60 @11.50; common downward to *9.50 and under, fat cows. *6.50 to $8 o.* above, cutter grades. *4.505:6. Calves—Receipts, 450; steady to strong, bulk. *l3 down; few. *13.50; medium. *ll@l2 or above; culls downward to *lO. Riieep—Receipts. 1,000: lambs steady to easier, better grades. *l2 @12.50; few sl3: yearlings. 25 5 50c lower; bulk. *lO down; best quoted around $10.50; sheep weak. Bv United Press EAST BUFFALO. N. Y.. June s.—Hogs Receipts. 1.500: holdovers. 200; active, fairly steady; desirable 150-250 lbs.. *11; 240-270 lbs.. *10.755 10.90 ; 270-300 lbs.. $10.50® 10.75: 120-150 lbs.. *1.755 11; most pigs. $10.75; packing sows $9 5 9.50. Cattle —Receipts. 100: steady with Wednesday: a load lightweight medium quality heifers. $10.35: a few fat cows $75 8; cutter grades *4.505 6.50. Calves—Receipts. 100: weak to 50c lower; good to choice vealers largely. $12.55: a few best, sl3; medium kinds. *10.50511.50; cull and common, SB-50@ 9.50. Sheep—Receipts. 100; slow fat lambs fully 25c lower; quality considered good to choice, handy weights. sl3® 13.25; a few medium. $11@12: fat ewes, oaebanged at ss@B.
Dow-Jones Summary
Eureka Pipe Line Company declared regular quarterly dividend of $1 payable Aug. 1. record July 15. Bank of England statement as of June 5 shows circulation 359, IM-Oort Bounds against 356.131,000 pounds May 29. Ratio 48.8 per cent against 57.3 per cent and bullion 156,879.000 pounds against 158.116,000 pounds. Exchange Buffet Corporation May sales *555.748. against $563,052 In May, 1923. London-New York cables opened at 4.85 13-16 against 4.85 27-32. Paris checks 123.92. Amsterdam 12.085, Italy 92.755. Berlin 20.36. Pittston Company declared initial dividend of 37 %s payable July 1. record June 14. Detroit Edison Company declared regular auarterly dividend oi $2 payable Ju*y 15. record June 20. American Cyanamid Company declared regular quarterly dividends of 40c on c.ass A and B common payable July 2, re>ora June 30. Contracts let for construction of 800mile pipe ln e of Phillips Pipe Line Com - painy. Republic Steel Corporation will supply the 50,000 tons of pipe required. National Shirt Shops May sales were 5363,595 against *324.150 In May 1929. Five months, $1,653,701, against $1,429,673. Bankers acceptances reduced % of 1 per ceflt on all maturities to 2% per cent at 2% per cent for 30-60-90 days; 2 to 2% per cent for 120 days and 2% to 2% per cent for 150 days maturities. Best Sc Cos. May net sales were *1,409,609, against $1,313,930 in May. 1929. Standard Oil Company of Louisiana. Standard Oil of New Jersey subsidiary, earned $7.23 a share after charges, etc., in year 1929 on 750.000 shares. Engineers Public Service Company and constituent companies in twelve months ended April 30. 1930, earned $2.88 a share on 1,783,582 common shares against $2.44 a shar' on 1,152,157 shares in preceding year. Cleveland Tractor Company six months ended March 31. net profit, $425,430 after depreciation, federal taxes, interest, etc., equal to $1.93 a share on 220,000 no-par shares. Pennsylvania system car loadings for week ended May 31 were, 137,856 cars against 149.544 a week ago. and 165,059 a year ago. From Jan. 1 to May 31 loadings totaled 3,102,353 against 3,460,696 In 1929 period. Illinois Power and Light April net, $1,388,068 after charges but before depreciation and interest against $1,312,246 in 1929. Twelve months net was $7,450,133 against $6,153,958. I. C. C. denied motion of Nickel Plate for dismissal of applications of Wabash and Pittsburgh & West Virginia seeking authority to acquire control of Wheeling Si Lake Erie. Pennsylvania Ra lroad authorized by I. C. C. to lease West Jersey & Seashore Railroad for period of 959 years. , Mid-Continent Petroleum Corporation elected J. J. Theisen an additional director. Stockholders approved amendment to charter permitting sale of not more than 150,000 shares of company’s treasury stock to employes. Warner Bros Pictures.. Inc., elected Walter E. Sachs of Goldman Sachs & Cos., a director. General Motors Corporation in second quarter had„ 221,333 common stockholders against 218,392 in first quarter and 22,095 preferred and debenture holders against 22,091. Stockholders of Kraphene Corporation, formerly Kraft-Phenix Cheese Corporation voted to dissolve corporation. KraftPhenix Cheese Corporation’s name was changed to Graphene Corporation in order to facilitate dissolution of company, which has been taken over by National Dairy Products. V/hite Rock Mineral Springs directors re-elected. Net profit Carter Oi! Company, controlled bv S. O. of New Jersey, for the year 1929 was $8,681,322 after taxes, depreciation, depletion retirements, amortization. etc., eaual to $34.72 a share SIOO par on 250.000 shares. V/. T. Grant Company May sales $6,152.540 against $5,089,451 in May. 1929. Five months. $24,543,537 against $21,497,420. lane Bryant. Inc., declared regular quarterly dividend of 50 cents on common payable July 1, record June 16. Bank of France statement as of May 30 shows gold 13,808,000,000 against 43.802,000,000 May 23. Circulation 73,078,000.000 against 70,907,000,000. Ratio 49.50 per cent against 48.84 per cent. Kentucky Securities Corporation declared regular quarterly dividends of $1.25 on common payable July 1, record June 20 and $1.50 on preferred payable July 15, record June 20. Illinois Terminal Company autnorized by I. C. C. to lease Alton & Eastern R. R., St. Louis & Alton R. R. and O’Fallon Freight Line of the Eastern St. Louis and Suburban Railway Company. Charles Hayden of Hayden Stone Sc Cos., selected director Certaineed Products Corporation to fill vacacny. In the Air Weather conditions in the air at 9 a. m.: Southwest wind, 14 miles an hour; barometric pressure, 30.28 at seat level; temperature, 79; ceiling unlimited; visibility, 20 miles; field, good. Arrivals and Departures Mars Hill Airport—Embry-Riddle passengers included Carl E. Stillwell of the Washington Bank and Trust Company and Paul Gayman, 5438 College avenue, both passengers to Cincinnati; T. A. T. west-bound passengers were Don Hastings, director of the WFBM Pep Unlimited Club; Earl Houck, 3065 North Meridian street; J. B. Gent, 1003 North Meridian street; Mrs. Harvey Vence, wife of a pilot, who has been visiting here, was an east-bound passenger. Hoosier Airport—George Levey and John H. Shobel, Detroit to Indianapolis, Simplex; Milo Poss, Indianapolis to Peru and return, Waco. Capitol Airport—Howard Ailor, Troy, 0., to St. Louis, Waco: H. Fisher, Springfield, 0., to St. Louis, Stearman. Claims Altitude Mark By United Press WASHINGTON, June s.—Lieutenant Saueck waited eagerly today for the standard bureau’s test of his barograph which will tell whether he went higher in an airplane than any man before him. The young naval officer, who broke the world’s altitude record last summer only to have it recaptured soon by Willie Neuhofen, a German, tried to regain his laurels here Wednesday. When he descended, after two hours and seven minutes in the air, he said his altimeter had registered 42.000 feet. Soucek used the same super-charger-equipped Wright Apache plane that bore him aloft to victory once before. Plans Nonstop Hop Bu F'nited Pre*s SAN ANTONIO, Tex., June 5. In order to save his plane for a gruelling non-stop flight from New York to Mexico City, Colonel Robert Fierro, Mexican good-will flier, planned today to fly by easy stages to New York after his take-off Friday. Fierro planned to leave here Wednesday, but was detained by orders from army offloads at Mexico City. He arrived Monday frem Los Angeles, after being foi ced down in west Texas by a broken gasoline feed line. ■*
Resigns Seat at Butler as Women’s Dean
1111
Miss Evelyn Mitchell Butler Descendant of Founder to Remain on Faculty as Professor. Officials of Butler university today were considering the appointment of a cean of women to take the place left vacant by the resignation of Miss Evelyn Mitchell Butler. Miss Butler’s resignation was accepted Wednesday night by Dr. Robert J. Aley, president of the university. Although Miss Butler is leaving the deanship she will continue on the Butler faculty as professor of the Demia Butler, chair of English literature. In 1923 Miss Butler, granddaughter of Ovid Butler, founder of the school, to"k the position as dean with the understanding that she would ret’re as scon as the position was developed properly. She received her bachelor of arts degree at Butler in 1893 and after graduate work at Chicago university and the University of Wisconsin received a master of arts degree from Columbia university in 1917. She became instructor in English at Butler in 1512 and was appointed professor in 1918.
Commission Row
FRUITS. Apples—Basket: Baldw’in, $2®2.50; Stavman, $2®2.50; Winesap, $3.25; Ben Davis, $2.25. Boxes: Stayman. $3®;3.25; Winesap, $2.75® 3.25. Barrels; Baldwin $6(3 6.50; Ben Davis. $5.50; Winesap, $708.50. Melons—Cantaloupes, California, standards $5 a crate: ponies. [email protected]; Honey Dew. $5.50 a crate. Cherries—-California. 8-lb. box. $3.25. Grapefruit—lmperial Valley. a crate ALemons—Fancy California, $8 a crate. Limes—Dominican. $3.25 a 100. Oranges—California Valencia, [email protected] a Pears—Avocado California, sß®9 a dozen Pineapples—Cuban. $3.50(114.25 a crate. Strawberries—24-quart crate. Kentucky. $5(3 6; southern Indiana, $3.50®5; Illinois, $5; Marion county, $6. VEGETABLES. Atichokes—California, $1.25 a dozen. Asparagus—Home-grown, long green, 75 @ 90c a dozen bunches; white, 65c. Beans —Southern stringless, $2.50(3.2.75 a hamper. Beets—Louisiana, new. $2.25 a crate; home-grow'n. 90c a dozen bunches. Cabbage—Southern, new, s'Ac a lb.; Carrots—Colifornia, $3.75®4.25 a crate, Louisiana. $2; Indiana, $1.25 a bushel. Cauliflower—California, $3.25 a crate. Celery—Florida. 3s to 8s crates, s4®s, washed. $1(32 a bunch. Corn —Roasting ears. Texas, [email protected] a 5-dozen crate. Cucumber—Home-grown, hothouse, sl@ $1.25 a dozen. Eggplant—Southern, $2 a dozen. Kale —Home-grown, 75c a bushel. Lettuce—California Iceberg, $3.50(3)4.50 a crate of 4s, ss; extra fancy Marion county leaf, SOc a 15-lb. basket. Mustard—Home-grown. 75c a bushel. Onions—Green, home-grown, 3oc a dozen bunches; new, Texas, yellow Bermuda $1.60 a crate: Crystal Wax. $2. Parsley—Southern, 65® 70 c a dozen bunches. Parsnips—lndiana. $1.35 a bushel. Peas—Southern Telephone. $2.50 a hamper; California, $2.75@3 a hamper. Peppers—Florida, $6 a crate. Radishes —Hothouse, button, 40c a dozen bunches; long, red or white, 35c. Rhubarb—Home-grown, 35c a dozen. Spinach—Home-grown. 65c a bushel. Tomatoes—Southern repacked. 144s to 180s. [email protected] a crate: 10-lb. box, $2; Marion county hothouse, $3 a 10-lb. basket. Turnips—New. $2.50 a bushel; Marion county. 45c a dozen bunches. Potatoes—Michigan Round White. $4.75 ®5 a 150-lb. bag; Colorado Russet. $4.50® 5; a 100-lb. bag; Red River Early Ohio. [email protected] a 120-lb. bag: Southern Triumph. $4 a 100-lb. bag; $2 75 in 50-lb. sacks. Sweet: Tennessee. Nancy Hall, $2.25; Louisana, Golden Glow. $2.75. Births Girls James and Inez Stephenson. Methodist hospital. Albert and Leona Carnine, Methodist hospital John and Julian Knox, 1424 North Alabama. Robert and Catherine Kopp, Christian hospital. Earl and Marine Eggleton, Coleman hospital. Charles and Myrtle Skervin, Coleman hospital. Fred and Dorothy Stewart, Coleman hospital. Vernon and Arville Stidd, Coleman hospital. Cecil and Elizabeth Webb, Coleman hospital. Theodore and Addie Porter. 2612 Rader. Ora and Myrtle Osborne, 436 West Norwood. Don and Helen Murphy, 440 North Forest. Arthur and Frankie Sanders, 623 West St. Clair. Daniel and Myrtle Christison, 232 North Beauty. Herbert and Almeda Allen, 2233 Pleasant. William and Leona Sommers, 706 North Lynn. • Bovs Kelton and Mary Essig, Methodist hospital. Madison and Ruth Ranes, Methodist hospital. Roy and Helen Blankenship, 2720 North Olnev. Frank and Gladys Oberthur, 2201 Avondale place. Edward and Marguerite Lohrman. 1516 South Randolph. John and Bonnie Dougherty, Coleman hospital. James and Margaret Redding. Coleman hospital. Terris and Mary Rich, Coleman hospital. Harry and Mary Stapelkemper, Coleman hospital. Warern and Marie Whitaker, Coleman hospital. Robert and Helen Akers, 2311 Massachusetts. Linwood and Ida Watkins. 2943 Boulevard place. Herbert and Bertha Siiambaugh. 732 East St. Clair. Ora and Myrtle Osborne. 436 West Norwood. Rollie and Myrtle Corey, 441 South Webster. Cruso and Mary Cosby. 524 Minerva. Leroy and Esther Kinney. 1948 Ruckle. Deaths Nellie Turner. 56. 1914 West Tenth, acute cardiac dilatation. Stora Raster. 56. 936 East Mocrls. chronic Interstitial nephritis. Amelia Lar.gen, 81. 1821 North Delaware angina pectoris. Willetta Shively, 3 months, city hospital, inanition. Edna Bernice Doyle. 42. Methodist hospital. diabetes mellitus. Louisa M. Taylor. 88. 1127 North Hawthorne Lane, cerebral hemorrhage. Thomas Hulsizer, 80 . 3324 North Denny, chronic myocarditis. Delton Ford. 13 months Riley hospital, pulmonary tuberculosis. Edith Blanche Dame. 50, Methodist hospital. hypostatic pneumonia. William J. Moore. 45. city hospital, pulmonary tuberculosis. Harry Losev, 40. city hospital, accidental. Clarence Burdelow. 42. city hospital, acute appendicitis. Maria Loftu*. 41, St. Vincent hospital, strangulated hernia. william H. Johnson, 53, city hotpitai, diabetes mellitu*.
Business — and — Finance
CHICAGO, June 5. Directors of Beatrice Creamery Company Wednesday approved acquisition of the American Ice Cream Company, St. Louis, Mo., and the Kreusch Ice Cream Company, Anderson, Ind. The board also declared the regular quarterly dividend of $1 a share on the common stock and $1.75 a share on the preferred, both payable July 1, to stockholders of record. June 15. The directors of Trlco Products Corporation. meetin* in Buffalo Wednesday, declared the resular Quarterly dividend of 62% cents per share on 374.991 shares, payable Julv 1. 1930. to stock of record June 12. 1930. EnminßS for the first quarter of 1930 were *574.874. eoual to 60 per cent of the total dividend requirements for the vear. Neisner Brothers. Inc., for May report gross sales of $i.484.913 against $1,144,225 for the same month last vear. an Increase of $340,688 or 29.7 per cent. For the first five months of the current year sales totaled *5,591.383 against $4,492,180 for the corresponding period last year, an increase of $1.099.203 or 24.4 per cent. A banking group composed of P. W. Chapman & Cos., Inc., Hale, Waters Sc Cos.: Reilly, Brock & Cos. and Goddard Si Cos.. Inc.. Is offering anew issue of $2,500,000 of first mortgage 6 per eept sinking fund gold bonds, maturing May 1, 1945. of Southwestern Natural Gas Company. a subsidiary of Appalachian Gas Corporation, which owns 75 per cent of its common stock. The bonds are priced at 99 and accrued interest to yield oyer 6.10 per cent. Each SI,OOO bond will be convertible into eighty shares of Appalachian Gas common stock after Frb. 1, 1931. and prior’to Feb. 1, 1935. after which date the conversion privilege is reduced to seventy shares. The retail demand for stocks and bonds during Mav was considerably below normal. and the volume of new public offerings showed a decline of about 15 per cent from April, according to the monthly investment review of Lawrence Stern & Cos., investment bankers of Chicago and New York.
T}ie City in Brief
Appointment of Frank A. Symmes to captain cf the guard was announced by John F. Engelke, thrice potent master, at the first stated meeting of Adoniram Grand Lodge of Perfection Wednesday night. Police here today were seeking Mrs. Christie Parr to notify her that her brother, Robert Stewart, has shot himself and is in a critical condition at a Louisville (Ky.) hospital. Dwight A. Murphy is new president of the North M. E. Church Men’s Club, succeeding Edward O. Snethen, attorney. Officers were elected Wednesday night. Other officers: Charles Richards, vicepresident; Frank P. McCoy, secretary, and Lee Walker, treasurer. Raymond Tate, 23, and his mother, Mrs. Pearl Tate, 44, of R. R. 13, Box 44, were bruised and cut when when their automobile struck a tele - graph pole on the Millersville road near Millersville today. The pole was knocked down across the car. Appointment* of C. E. Fifer, 514 Middle drive, Woodruff Place, as district manager for the Indianapolis area of the Defiance Spark Plug, Inc., sales territory, was announced today at headquarters of the company in Toledo, O. Dr. Thomas J. Dugan, 2538 West Washington street, is attending the meeting of the Baltimore & Ohio Association of Railway Surgeons at Pittsburgh. The problem of finding an adequate water supply for the municipal airport south of Ben Davis faced the works board today with the report of the Charles Kraus and Sons, contractors, that the 513-foot well is “unsatisfactory.”
Produce Markets
Eggs (Country Run)—Loss off delivered in Indianapolis. 16%c: henerv quality. No. 1. 19c: No. 2. 14c. Poultry (buying prices) —Hens, weighing 4% lbs. or over. 20c; under 4% lbs.. 20c: Leghorn hens, 17c: springers. 2 lbs. or over, 25c; under 2 lbs., 25c; Leghorn springers. 19c: old cocks, 9®loc: ducks, full feathered, fat, whites, 9c: geese. 6c. These prices are for No. 1 top quality auoted by Kingan Sc Cos. Butter (wholesale)—No. 1 35G36c; No. 2. 33® 34c. Buttcrfat—3lc. Cheese (wholesale selling price per pound)—American loaf, 31c: pimento loaf. 32c: Wisconsin firsts. 27c; Longhorns. 34c: New York Llmberger. 36c. Bu United Press CHICAGO. June s.—Eggs—Market, steady; receipts. 17.106 cases: extra firsts, 22*,be; firsts, ordinaries, 19@19%c: seconds. 18c. Butter—Market, steady; receipts, 12.206 tubs; extras. 32'/.c; extra firsts, 30@30%c; firsts, 28@29c: seconds, 26®27%c; standards, 32%c. Poultry—Market. weaker: receipts. 1 car; fowls, 19c; springers, 30c; Leghorns, 14c; ducks, 13c; geese, 12c; turkeys, 20c; roosters, 13%@ 14c; broilers, 23c. Cheese—Twins. 17® 17%c; Young Americas. 18%c. Potatoes— On track. 113; arrivals, 62; shipments. 1,161; market: old stock, firm; Wisconsin sacked Round White, *3.05; new stock, slightly stronger: southern sacked Bliss Triumphs, [email protected]. Bu United Press NEW YORK, June s.—Flrur—Dull and easy: spring patents, *5.80®6.20. Pork— Quiet; mess, $32. Lard—Dull; middle west spot. $10.45® 13.55. Tallow —Quiet; special to extra, 56®5%c. Potatoes—New, easier; old. steady; southern. *[email protected]: sweet potatoes.firm; Jersey baskets, 65c® *3.50. Dressed poultry—Steady; turkeys, 25®43c; chickens. 17@40c; fowls, 14®29c; ducks, Long Island. 19c. Live poultry— Quiet; geese, 11® 14c; ducks. 14® 23c; fowls. 18® 26c; turkeys. 15®;25c: roosters, 12®13c; broilers, 16®45c. Geese —Steady; state whole milk, fancy to special, 24@26c; Young America, 19@25c. Bu United Press CLEVELAND, 0., June s.—ButterExtras. 36%c; extra firsts, 36Vc. Eggs— Extras. 23c; firsts. 22c. Poultry—Fowls, 24®25c; medium. 24® 25c: Leghorn. 20® 21c: heavy springers. 30@38c; Leghorn springers. 22® 28c; ducks, 15®22c; old cocks, 10® 15c; geese, 12® 14c. Potatoes— Maine Green Mountain. *3.40® 3.50 per 150-lb. sack; Idaho Russet. *4.25®.4.35 per 100-lb. sack; Michigan. *4.50 per 100-lb. sack.
Gone, but Not Forgotten
Automobiles reported to police as stolen: Hupmobile coupe. 758-442. belonging to J. L Leach. 313 East Tenth street, stolen from 900 block on South Keystone avenue. Chevrolet sedan. 742-845. belonging to Fred Finkblner. 1215 North Capitol avenue, stolen from New Jersey and Vermont street. Ford coupe. 38-594. belonging to George H. Febern. 445 North Gray; stolen from Tenth and Gray street. Ford sedan. 759-630. belonging to Russell Owens. 4915 Kenwood avenue, stolen from 1232 College avenue. Marriage Licenses Robert F. Hacker. 23. of 502 South Warman. contractor, and Mary M. J. Simmons. 19. of 719 Massachusetts, clerk. Stewart Wesley. 24. of 232 South Noble, clerk, and Bertha Reusch. 23. of 1605 Dawson. Jeremiah L. Cadick. 28. of 30 West Twen-ty-first. attorney, and Evelyn E. Barln, 24. of 3505 Washington boulevard. Ernest A. Diller. 30. 1229 Congress, accountant. and Virginia F. Davidson. 22. of 1225 Congress, bookkeeper. John R. Frigge. 24. of 4645 Rookwood. salesman and Dorothy I. Miller. 23. of 3630 North Meridian. George H. Mueller. 33. of 515 North Riley, manager, and E. Pauline Coffin. 21. of 230 East Pratt, clerk. _ _ „ Arthur W. Smith. 59. of 2450 North, Meridian. superintendent, and Sara St Mueller. 57. of 311 North Tempi*. .
_JUNE 5,1930
STOCK MARKET MOVES LOWER AFTEROPENING Weakness in United States Steel Sends Entire List Down.
Average Stock Prices
...Average of thirty Industrials for Wednesday was 273.44. up 1.26. Average of twenty rails 142, off .83. Average of twenty utilities was 102.30. up .25. Average of forty bonds whs 95.26, off .02. By United I'ress NEW YORK, June 5.—A further recession in United States Steel after a firm opening helped bring down prices all along the line on the Stock Exchange today. Trading continued dull, with tickers easily able to keep abreast us ;he market. A few special issues : lanaged to maintain early gains and a few made further advances, but most stocks were down 1 to 3 points, with J. I. Case off 714 from the previous close or nearly 10 points from the early high. Tobaccos Gain Among the gainers were issues in the tobacco and amusement groups. United Stores issues featured the former, L th going to new tops for the year. United Cigar Stores was active around the previous close while the preferred made anew high at 64. Loews was at 19Vi and Warner Brothers Pictures 1%, up at 66 in the amusements. Heaviest losers around noon included United States Steel, off 1;*; General Electric 82%, off %; Radio 50, off 1%; Vanadium 117V4, off 3%; American Can 145 Vi, off IV4; Coty 23V4, off 2%. Oils Sag Auburn Auto at 161 was off 3, Foster Wheeler 101, off 2%, and Westinghouse Electric 178 Vi, off I\. Oils, utilities, rails and coppers sagged off. In the railroad group Seaboard Air Line equalled its lew for the year at B'4, and Chesapeake & Ohio dropped nearly 2 points to 211. Anaconda Copper sold off more than a point to 55% as traders anticipated a reduction in the diviend in the near future. Call money renewed and held at 3 per cent with funds in fair supply. Building Permits Mrs. Waters, garage, 1802 Ingram, *2OO. F. M. Black, garage, 1019 North Keystone. $250. William Lenz. garage. 3719 East Market. 3205. B. Parsons, garage, 962 West Thirtyfifth. *205. Fred Gruiemer. repairs. 2320 West Sixteenth. $2,000. Fred Palmer, dwelling and garage. 5520 North Meridian, $30,000. D. J. Weaver, repairs. 948 Ewing. $365. Edward Steggers. repairs, 2123 Allfree, $362. Mattie Winfrey, repairs. 932 North California, S4BO. E. Sullivan, dwelling. 1042 Blaine. $3,950. William Fitzgibbon, dwelling. 1050 Blaine. $3,950. W. J. Withrew, repairs. 4605 East Seventeenth. S2OO. John Link, garage, 1344 Sh?lby. *SOO. Bertha Van Treese, repairs. 110 East Twenty-third. *500;
Legal Notices
NOTICE TO TAXPAYERS Notice is hereby given to taxpayers ol the City of Indianapolis that the Common Council of the City of Indianapolis row has pending before it Appropilatlon Ordinance No. 8. 1930. which proposes to appropriate the sum of ninety thousand dollars ($90,000.00) to be received frem the sale of the “Municipal Certificate Funding Bonds of 1930, second issue,” to the Board of Public Works of the City of Indianapolis, Indiana, for the purpose of paying and retiring certificates of indebtedness and interest thereon as set forth in General Ordinance No. 35, IS3O, as amended. The above described ordinance is due to come up for passage at the next meeting of the Council to be held on the 16th day of June, 1930. at 7:30 p. m. After said appropriation has been determined. any ten or more taxpayers feeling themselves aggrieved may appeal to the State Board of Tax Commissioners for further and final action thereon by filing cf petition therefore with the Marion County Auditor not later than ten days after said additional appropriation has been made bv said Common Councl and the State Board of Tax Commissioners will fix a date for hearing in this county. Witness mv hand and the seal of the City of Indianapolis, this 4th day of ■>!ar°' *, o. c oo Err NOTICE TO CREDITORS OF INDIANAPOLIS STREET RAILWAY COMPANY TO FILE CLAIMS Notice Is hereby given that on May 2(1 1930. In Cause No. 44603. entiUed “WESTINGHOUSE ELECTHIC AND MANUFACTURING COMPANY V*. INDIANAPOLIS STREET RAILWAY COMPANY” pending In the Marion Circuit Court, the following order was entered bv the court, towlt: "That all persons, firms or corporations having claims or demands against the defendant. Indianapolis Street Railway Company, other than those secured bv mortgages duly filed or recorded. are required on or before tne 25th day of July. 1930. under pena tv of thereafter having said claim disallowed in the discretion of the court, to file the same with George C. Forrev. receiver herein, at the Traction and Terminal building. Indianapolis. Ind which said claims or demands shall be supported bv affidavit and shall *et out the amount and nature of any security or liens held by the claimant and to which the claimant is entitled, and also any claim to preference In payment out of the assets in the hands of the receiver or the earnings therefrom in priority to the bonds secured bv mortgages which are duly filed ana recorded, or to any other creditors of the defendant.’* j „ , . .... Pursuant to said order, all claims duly verified should be filed with the undersigned on or before July 25, 1930. GEORGE C. FORREY. Receiver Indianapolis Street Railway Cos. 900 Traction and Terminal Bldg.. Indianapolis, Indiana. CHARLES O. ROEMLER. 1110 Fletcher Savings and Trust Blag. Attornev for Receiver —NOTICE „ GENERAL ORDER NO. 2. 1930. Passed bv the Board of Park Commissioners of the City of Indianapolis Indiana. Office of the Board, City Hall. Under and by virtue of the authority granted by the Acts of 1920. of the General Assembly ol the State Chapter 32, at pages 105 and 107, being an act authorizing the Board of Park Commissioners in cities of the first class to make general orders, etc., and approved July 27. 1920 the Board 011 Park Commissioners of the City of Indianapolis at its regular meeting on the 29th da7 of May. 1930. does hereby make the following general order: GENERAL ORDER NO. 2, 1930 BE IT RESOLVED, by the Board of Park Commissioners of the City of Indianapolis. Indiana, that lt Is considered necessary by the Board In order to promote public health, seltt y morals and general welfare, that the burial of bodies, rotating of graves, construction of bufidings or structures of any kind in cemeteries outside the limits of the City of Indianapolis which are now estab shed, or may at a future date be established, within five hundred (500) feet of any park, parkway or boulevard under the control of the Board of Park Commissioners of the City of Indianapolis, shall be and la hereby specified and declared to be Injurious to the public health, safety, morals and general welfare. THEREFORE. IT IS HEREBY ORDERED. by the Board of Park Commissioners of the City of Indianapolis that hereafter no bodies shall be burled, no graves located, nor any building or structure of any kind be erected or allowed in cemeteries outside the limits of the City of Indianapolis which are now established or which may hereafter be legally established, within five hundred (500i feet of any Pa**- , parkway or boulevard under the iurlsdietion of the Board of Park Commissioners of the Cltv of Indianapolis, and said Board hereby orders all such structures and graves abated, abolished and permanently removed and prohibited. y ADOLPH G. EMHARDT JACKIEL W. JOSEPH PAUL E. RATHKRT LOGAN C. SCHOLL •°“ D o , EJI?S? , BgSIiBSSk
