Indianapolis Times, Volume 42, Number 27, Indianapolis, Marion County, 11 June 1930 — Page 12

PAGE 12

BLIND VETERAN'S DOG ‘WITNESS' IN COURT FIGHT Perfectly Trained Animal Is Defense Evidence in Nuisance Trial. Bv United Press OLATHE, Kan., June 11.—Erich, a shepherd dog, guided his blinded World •war veteran-master into court today to vindicate his profession. By Erich's presence and his masters testimony, attorneys for R. L. Gray, vice-president of the Sheffield Steel Corporation, hope to prove that the steel man’s hobby of training dogs to act as "eyes” for blind veterans is not a nuisance, as charged by suburban residents of Kansas City, Kan. Erich’s almost human intelligence has delivered P. R. Fitzpatrick, Salina (Kan.) real estate man, from a state of dependence by guiding him safely through days of business and lines of traffic. And to repay Gray, Fitzpatrick came into court to tell how much Erich meant to him. Erich is the first dog Gray’s trainer, Albert Henze, has brought to perfection, but several others are learning rapidly, and Erich probably will be the last to come from the school if the court action to abolish or remove the kennels is successful, Gray said. Births Boys Walter and Dorothy Asneu. 1808 East Tabor William and Beulah Jones. 2458 South Dakota. Ben and Catherine Tyra, 325 South Hamilton. Audrey and Ida Kreitzer. 1217 Eert Bales. ! Elmer and Pauline Dewbrew. 518 West ; New York. Elmer and Pearl Cordrev. 423 North Grant. Gentry and Verda Baker. 1217 North Ewing. Lace] and Eva Frlddle, 4631 Hillside. Girls Herman and Thelma Maxev, 2312 Schofield. Edward and Marjory Lander, 517 North Senate. James and Eunice Daily. 1640 Bradbury. Deaths William Poarch. 54, 411 Blake, cardio vascular renal disease. Florida Phillips. 39. 821 West Twelfth, mitral Insufficiency. Corn Radford, 37. 1730 Martindale. pulmonary hemorrhage. Edward Wilhelm. 5. Klley hospital, tuberculous meningitis. David Walts, 4, Methodist hospital, glioma of brain. George Blcwitt. 27. 1026 St. Peter, lobar pneumonia. Florence Elkins. 52, city hospital, appendictls. Eliza Harrison, 58, 864 West Walnut, chronic myocarditis. Christlnia Marie Ostermeyer, 85, 118 Kansas, broncho pneumonia. Inez A. Spry, 48. 1317 Barth, carcinoma. Samuel Key, 71. 827 West Twenty-fifth, cerebral hemorrhage. Sarah F. Spider, 65, 2232 Langley, coronary thrombosis. Martha J. Stone. 66. 34 North Beville, cerebral hemorrhage.

Plaza Piano Cos. in Receivership 237 N. Penn. Positively Last Few Days Open Evenings Till 9 P . M. AMPICO MUSIC ROLLS up to $3.00 Values 5 for si .oo sls and S2O ■ One Franklin Electric Am- i Haines Ampico Music Cabinets P*® Reproducing Piano up- u %l\° ar I right. Regular price $875.1 $1,200. our price $5.00 fee $82.501 $92.50 Brand new Chickering Ampico Electric Reproducing Grand Piano. Original cost $3,250.00. AAA Our price I jUUU Nf w Gu,brpnson $150.00 New C omen. Make offer P ayer Pianos. Reg- E , ectric p an a . on store fixtures ular $470.00. Sale , and office equip- price $85.00 $25.00 100 Phonographs and Panatropes Make an Offer New J. &C. Fisher Ampico Electric Reproducing Graird. Regular $1,890. Our price V • HOOSIER STATE Auctioneers, Liquidaters 237 N. Penn.

New York Stocks ———is* Thomson 8* McSlcnoni ———————

—June 11— Railraadi— P re *[- I High. Low. 11:30. ClMt. ' Atchison 213 218', 318 ! • 218% : At! Coast Line ... 163, 1 Bait 8c Ohio . 11l 110% 110% 109% Chesa Corp ... 63’, £3 63 b3'u Chi Grt West... 12’. 12 12 ?*% Chi N West 77 /§+, C R 1 & P JO? > I Del LBc W 121’, 121 ! Del 8c Hudson -l*?, Erie Ist pfd f3 , Great Northern 86 87 Gulf Mob 8c Oil. 36% 35% 36’, 34% Illinois Central 124), 126 Lou 8c Nash • 131 M <Bc T 45'j 43’* 44' 43% Mo x’aci&c ••• • • • SO 1 ® Mo Pacific pfd . . 129% 128% 129% 128 N y Central 170 169 169 169's Nickel Plate 110% }}o% NY NH & H ... Ill's HI HI IJO a Nor PacflC 80 79 79 78% Norfolk 8c West. ’ 233 O 8c W ... 11 Pennsylvania ... 75% 74% ?!!*.?!?* Reading 112 2 112'. So Pacific 11$ * Southern Rv ....109 108' 109 106 * St Paul 17% 17 17 18 St Paul pfd 28 27', 27, 28'j St L 8c S F 105 104* 2 104 2 104% Union Pacific ...222 220', 220 , 221 Wabash 43's 42 '2 43% 42 W Maryland *J ( West Pacific 22 Am Car 4c Fdv.. 54', 53' 2 54 53 .'2 Am Locomotive.. 56 55 5 , 56 55 4 Am Air Brake S .. 44% 44% Gen Am Tank... 102 iol’, 101 a 101 General Elec 77% 75', (6 (8% Gen Rv Signal.. 88 86 86 87 Man El Sup 13', 12 12, 13 N Y Air Brake.. 42% 41% 41 2 43 Press Stl Car.... 81* 8% 8% 8, Pullman :,* Jr,. Westlngh Ar 8... ~ .jV*’ Westlngh Elec ..164 159'* 161 164 Rubbers— ~ Firestone g Goodrich'./.... 37 36% 37 37‘, Goodyear ... ... 81" 81* K-Uv Sorefld.. . S', 4', , Lee Rubber ■■■ 8 U S Rubber 27', 25 2 2a 2 Motors—* ... an Auburn 145 HO Chrysler 32", 31 s 31 , 32 , Gardner Graham Paige .. ... ■■■ <. ,2-/ General Motors.. 46 * 43 , 46 , 46 , Hudson 38'.’ 35", 36% 38 ]S Marmon Is' >s* 's,* Nash 37', 37' 2 37'/a 38 a Packard Hit Pierce Arrow Reo •• *49 12 Studebaker .... Yellow Truck.. 20'2 24', .4 , 25 , Motor Access— . Bendix Aviation 37% 36% 36 y 37 2 Borg Warner. .. 36’. 35 2 35 * 35,j Briggs ... .... 19 l9 >9 19a Campbell Wv .. -xx,, Eaton 2 1% 27' 2 -T ,2 sim El Storage B . .. •••.. •••,, ‘l'* Hayes Bcdv .... •' ' ,L 2 ,f s - Houda 15*, 15' a 15 a 15* Motor Wheel • ■ --x~ Sparks W 23'. 22 * 22’ 1 22 , Stewart Warner 27* -i t Timken Roll 66m 66 ,2 Am Metals "5 3 2®,* Am Smelt ?9 68 , Am Zinc -22,, Anaconda Cop.. 57 55 , 55 * j>b% Cal 8c Hecla .... ... ... * Cal k Ariz 64'a 64 64 ... Cerro de Pasco. 48 7 , 47 ’3 48 ou 8 Freeport Texas.. .. -xx v Granby Corp ... 30 -9', 29 , -9 s Great Nor Ore . 20' 2 20'/, 20 , 20 2 Howe Sound ... .. .■ • 32 2 42* Int Nickel 27’, 26', 26% 2.,g Inspiration 18’, 17’, 17 , .18 Kennecott Cop.. 46*, 45% 45/2 45 a Miami Copper 20 19 -2 Texas°Guf Sui.' 57', 56' 2 56’ 2 56 7 /g U S Smelt 22 V, 22 Amerada 27V, 28% Am Republic ••• ■■■ -2 Atl Refining ... 39. J, 39V2 3912 J9'/a Barnsdall 25' \ 24's a 24 3 Beacon ••• Houston 97 95'i 97 99’s Ind Oil 24', 23’s 23 , 23 , J f>ffO Oil •••• ... 23 wd 4 Mex Sbd ''. 26' 2 25', 25', 26J, Mid Conti .... 27', 27 27'a 26 2 Pan-Amer (Bf. ... . - , 5? - Phillips 34 a 34', 34’a 34 a Pr Oil 7 . Gas 43 42 /. Pure Oil 22'j 22’, 22 2 22'* Richfield 19’, 19', 19V, 19’., Royal Dutch .... 52’, 2 52 52',a 51*/s Shell Un 20', 20 20 20 V, Simms Pt ...... 24’, 24 24 23 7

Sinclair 26', 26'i 26', 264, Skeliy ... 34®* Standard of Cal. 67 63', 65’, 66*, Standard of N J 75’, 74', 74', 75', Standard of NY. 34', 33‘ 3 33', 34’. Texas Cos 56’, 55 55Va 54', Union Oil 43>, Steels— Am Roll Mills.. 65'/, 63', 64' 2 66 Bethlehem 92'/j 91 'i Sl'* 93 Bvers A M ... 97 £8 854, SO’, Colo Fuel 61'i 57’, 59 61 s , Cruc Steel 75', 75% 75, 75 Ludlum 31 30', 30’-a 30'4i Midland 33‘* 32 v Newton 39’/, 40 Repub IBc S 54'-a 54 U S Bteel 165’. 163 164** 166’, Vanadium 101 7 * 95’ 98'4 101% Youngst S 8: W JS 1 /, 37 7 * Tobacco*— Am Sumatra 12 ',2 Am Tob (At 242 Am Tob (Bi ... 250 248’i 2<6*i 253 General Cigar ... 48 Lig 8c Myers 8...100', 99', 99% 99'i Loriilard 22% 21', 21% 21% Reynolds Tob .. 51** 51% 51 % 50% Tob Pr A 10% Tob Pr B 4'i 4 United Cig. 8 7% 7’, 8 Utilities— Abitibl 30% 31 Adams Exp 29 23% 23 29% Am For Pwr 78% 76% 77 • 79 Am Pwr 8c Li.. 99% 96% 97 99 A T 8c T 222% 221% 221% 223% Col Gas 8c El.. 78 76% 76% 78 Com 8c Sou 16% 15’, 15% 16'/, El Pwr 8c L 1.... 84% 81% 82% 85 Gen Gas A 11’* 11% 11% 11% Inti T 8c T 57% 56% 56% 58% Natl Pwr 8c Li.. 45% 43% 43% 45% No Cos ...117% 114% 114% 115% PacTlas 8-. El.. 66 64% 64% 65 Pub Ser N J 106% 104'% 104% 106% So Cal Edison 63% 62% Std GBc El 110% 107% 108% 107% United Corp 40% 38% 39% 40% Ut Pwr 8c L A 38 37'% 37% 37% West Union 171 Shipping— Am Inti Corp.... 41 % 40% 40% 41% Inti Mer M pfd 22% 22 No Gm L10vd.... 55 53 55 51% United Fruit 88% Foods— Am Sue * Mv* Armour A 5 * g Beechnut Pkj? §6 Cal Pke 68 ,, r Wo *>8 3 a Can Drv 65 1 4 83 65 64^ Childs CO 64 63 63 83 Coca Cola 183% 183 183 182% Cont Baking A. 26’, 26% 26% 26 Corn Prod 103% 103 Cudahy P!:g 41% Cuban Am Sug ... ... 6% 6% Gen Foods 57% 56% 56% 56% Hersey .102 101 101 100% Kroger 29% 29% 29% 29'% Nat Biscuit 88% 86 86 89 Plllsbury 30% Safeway St 92% Std Brands 21% 21 21 20% Ward Bkg 10% Ccnv U fnc~. 20% 20Vi Lambert Cos 94% 93Vi 93V4 94'% Lehn 8c Fink 26 Industrials— Am Radiator .. 28% 28% 28% 29 Bush Term 38% 38% 38% 39% Certainteed B'/a B'/a Gen Asphalt ... 54% 53% 53% 54% Lehigh Port 33 Otis Elev 72 <i 69 69 70 '/a Indus Chems— Allied Chem ....297 294 294 293 Com Solv 27% 26 26% 2714 Union Carb .... 77% 77% 77% 79’/, U S Ind A1c0... 80% 79 79 30% Retail Stores— Assoc Dry Gds. 40*% 4040 40 Gimbel Bros 15% 15'/, 15% 15% Kresge S S 30 29% 29% 29% Mav D Store 48% Mont Ward 42% 40’% 42 42 Penny J C. 64 6314 Schulte Ret St 8% Sears R0e...*.... 80% 80% 80% 81% Woolworth 61 Vi 60% 61% 61 Vi Amusements— Bruns Balke 16% 16 Col Graph 22% 21% 21% 23 Croslev Radio ... ... 14% Eastman Kod ...231% 225 226% 231% Fox Film A 49% Grigsby Gru 23% 22% 22% 20% Loews Inc 82% 78% 79 81 Param Fam 65% 64% 65 % 66 Radio Corp 44% 42 42% 44% R-K-O 33% 32% 33V4 35% Schubert 19% 19 19% 19 Warner Bros 53% 51 53 55% Miscellaneous— Airwav Add 28% 25% 2o*,s 2a City ice & Fu ... fs% Congoleum 13% 13-, 13;, 13% Am Can 138% 135% 137 139 Cont Can 62% 61% 61% 61% Curtiss Wr 8% 8% 8% 8% Gillette S R.... 82% 82% 82% 83% Real Silk 47 46% 47 45% U S Leather A 18 16%

Commission Row

FRUITS. Apples—Basket,; Baldwin, *[email protected]; Stayman. $2®2.50; Winesap. $3.25; Ben Davis. $2.25. Boxes: Stayman. $3®3.25; V/inesap. [email protected]. Barrels: Baldwin s6® 6.50: Ben DBvls. $5.50: Winesap. s7® 8 50. Meions—Cantaloupes, California, standards $5 a crate: ponies. $4®4.50: Honey Dew. $5 50 a crate. Che-ries—California. 8-lb. box. 53.2a. Grapefruit—lmperial Valley. $3.75®7 75 a crate Lemons— Fancy California. $8 a crate. Limes —Dominican. $3.25 a 100. Oranges-California Valencia. $8(3925 a crate Pears—Avocado California, $829 a dozen Pineaoples—Cuban. $3.50®4.25 a crate. Strawberries —24-quart crate. Kentucky ss®6: southern Indiana. $3.5025; Illinois. $5; Marlon county. $6. VEGETABLES. Atichokes —California. $1.25 a dozen. Asparagus— Home-grown, long green. 75 @ 90c a dozen bunches; white. 65c. Beans—Southern stringless. $2.5022.75 a hamper. Beets—Louisiana, new. $2.25 a crate; home-grown, 90c a dozen bunches. Cabbage—Southern, new. 5%c a lb.: $4.50 a crate. 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. $425. washed. *l@2 a bunch. Corn—Roasting ears. Texas. $2.25®2.50 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®4.50 a crate of 4s. ss: extra fancy Marion countv leaf. 60c a 15-lb basket. Mustard—Home-grown. 75c a bushel. Onions —Green, home-grown. 35c a dozen bunches: new. Texas, yellow Bermuda $1.60 a crate: Crystal Wax, $2. Parsley—Southern. 65@70c 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 130s. $5.50 26 50 a crate: 10-!b. box. *2: Marion county hothouse. $3 a 10-!b. basket. Turnips—New. $2 50 a bushel?* Marion countv. 45c a dozen bunches. \ Potatoes—Michigan Round White. $4.75 ®5 a 150-ib. bag: Colorado Russet. $4.50® 5: a 100-lb. bag: Red River Early Ohio. $4®4.25 a 120-lb. bag; Southern Triumph. $4 a 100-lb bag: $2 75 in 50-Ib. sacks Sweet: Tennessee. Nancy Hall. $2.25: Louisana. Golden Glow $2.75.

Investment Trusts

(By Janies T. Hamill & Cos.) —June 6 Bid. Ask. Basic Industry Shares 9 9% Corporate Trust Shares 9% 10 Diversified Trust Shares A... 25% Diversified Trust Shares 8... 20% 21 Diversified Trust Shares C... 8% 9% Nation Wide Sec 9% 10',i Fixed Trust Shares A 21% .... Fixed Trust Shares B 18% Investment Trust of N Y 11 11% Leaders of Industry 11% 12% North American Trust Shares 9% in'/. Standard Oil Trust Shares.... 8 10 S W Strauss Inv Units 52 58 Selected Amer Shares 7% 8% Trustee Standard Oil Shares B 10% 11% U S Elec * Power Shares A., 40% 42% U S Elec k Power Shares 8.. 12 12% Building Permits E. G. Bauer k Son. dwelling anc garage. 926 North Bolton. $3,700. Capital Finance Company, reptir, 229 South Meridian, $325 j. S. Cosgrove, addition, 2309 Pierson, $1,500. T. Mincello, garage. 541 East Merrill, *750. Indianapolis industrial cen*r. reroof, 1450 East Nineteenth. *750. M Ress. dwelling and garage. 4757 Brookviile road. $5,300.

We Make REAL ESTATE FIRST MORTGAGE LOANS FARMERS TRCST COMPANY 150 East Market Street Riley *SOB

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stork Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Carb Aeeodatlon Rooms 200-214 Circle Tower Telephone Lincoln 5591

THE INDIANAPOLIS TIMES

GRAIN FUTURES DOWN SHARPLY AT THECLOSE Market Easily Influenced All Through Session; Trading Light. Bv United Prr*t CHICAGO, June 11. —Wheat worked sharply lower on the Board of Trade today under persistent selling by locals and commission houses with support lacking. The market was easily influenced and weak from the very start, showing little signs of a rally. Buying against bids checked the decline and brought about a moderate recovery near the close. All other North American markets were easy, but failed to show as much weakness as Chicago. Com was firm early, but broke badly with wheat. Oats started easy and move but little during the day. At the close wheat was IVi to IT k cents lower, corn was T 4 to 1% cent lower. Provisions were steady to lower. Weakening at the close on the. Winnipeg break, Liverpool was % to % cents lower. Although the reports on spring wheat conditions as of June 1 by the United States and Canadian governments were slightly bullish, they had no effect. Trading was light and mostly of a local character early. Cash prices were unchanged. Receipts were fifteen cars. Corn advanced fractionally at the start, but eased when wheat prices slumped and was off at midsession. Country offerings were not large and were mostly too high for acceptance here. Trade was rather slow and dull. Cash prices were unchanged. Receipts were 181 cars. Oats eased a minor fraction at the start on the favorable weather and the lack of demand, but held steady at the decline at the midmorning. Cash prices were unchanged. Receipts were twent/*. seven cars. Chicago Grain Table —June 11— WHEAT— Prev. Open. High Low. Close, close. July.. 1.06 1.06=i 1.04% 1.04% 1.06',4 Sent.. 1.09 1.09% 1.07% I.o*l, 1.09% Dec.. 1.13% 1.14 V, 1.12% 1.12> 1.13% CORN— July.. .81% .81% .80 .8*64 .81% Sept.. .81% .82% .80% .801', .81% Dec.. .75% .76% .74% .75 .75% OATSJulv. . .39% .40 .39% .39% .40 Sept.. .39% .39% .39 .39% .39% Dec.. .42% .42*4 .42% .42% .42% RYE— July.. .61 .61% .59% .59% .61 Sept.. .65% .65% 64 .64 .65% Dec.. .7015 .71% .69% .69% .71 LARD— July. 10.05 10.05 10.02 10.05 10.02 Sent. 10.25 10.25 10.20 10.22 10.22 Oct 10.22 10.30 Dec 9.82 9.90 BELLIE.I- - 14.25 14.25 14.20 14.20 14.30 Sept 13.80 1392 Bi’/ Times Special CHICAGO. June 11.—Carlots: Wheat. 7; corn. 95; oats, 20; rye. 1, and barley, 1. Bv United Press CHICAGO, June 11.—Cash grain close: Wheat—No. 2 hard. $1.05%. Corn—No. 3 mixed. 79%fi80c; No. 5 mixed. 79%c; No. 6 mixed. 77%c; No. 1 yellow/, 81@82c: No. 2 yellow. 8141820: No. 3 yellow. so<ft.Bo%c; No. 4 yellow*. ?9%i@>Bo%c No. 5 yellow*. 7S%c; No. 6 yellow. 77%@78%c; No. 2 white, 83%<8 84%c: samnle grede 724176 e. Ca.r —No. 2 white. 40%®41c; No. 3 white. 394/40Vie: No. 4 white. 38%c. Rve—None. Berlev—sl@sßc. Timothy—s74/8.50. Clover —s9.so® 17. Bv United Press TOLEDO, 0.. June 11—Grain close: Wheat—No.' 2 red. 51.07%*&1.08%. CornNo. 3 yellow, 84®85c. Oats—No. 2 white, 45®47c. Rye- No. 2. 83c. Barley—No. 2, 62c. Clover—Domestic, cash new. $11.80; prime, choice, sl2: October, $12.60: December. $12.80. Alsike—Cash, sll. ButterFancy creamery. 36®37c. Eggs—Country run, 20@22c. Hay—Timothy, $1.25 cwt. -*

Local Wagon Wheat

City grain elevators are paving 95c for No. 2 red wheat and 92c for No. 2 hard wheat

The City in Brief

THURSDAY EVENTS Indianapolis Lumbermen’s Club luncheon. Columbia Club. Advertising Club of Indianapolis luncheon. Columbia Club. Indianapolis Engineering Society luncheon. Board of Trade. American Business Club luncheon, Columbia Club. Real Estate Board luncheon. Lincoln. Sigma Nu luncheon. Lincoln, noon. Indiana State Board of Dental Examiners meeting. Claypool. Annual parish picnic of the Church of the Advent, Episcopalian, will be held Saturday at Northern Woods beach. An auto caravan will leave the church at 2 p. m. Saturday. Study of efforts of Indianapolis merchants to reduce abuse of privilege of returning merchandise was made Tuesday by a group of Cincinnati retailers, headed by Lynn Revenaugh, manager of the Cincinnati Merchants Association. Invitation to hold 1931 meeting of the International Chiropractic Congress in Indianapolis will be extended by the Indianapolis Chiropractors’ Association at the 193) congress in Denver early in July. Protests against lynching practices of the south will be voiced at an open meeting in front of the courthouse, Delaware and Washington streets, at 7 tonigM Charles Mitchell, secretary of the International Labor Defense organization of Cincinnati, will speak. Safe Crackers Get SI,OOO Bv United Press DECATUR, Ind., June 11.—Safe crackers entered nine Decatur business offices last night, opened seven safes and twao cash registers and escaped with about SI,OOO cash.

Business — and — Finance

NEW YORK. June 11.—Unfilled tonnage orders of the United States Steel Corporation decreased 294.993 tons to a total of 4,059,227 tons during May, the corporation announced late Tuesday. May sales of the Melville Shoe Corporation amounted to $2,015,934 as compared with $2,322,940 in May. 1929. an increase of 25.53 per cent. Sales of the recently acauired "Traveler" chain are included in these figures. Traveler sales for May, l*3p. amounted to $401,965. Melville sales, without Traveler sales, showed an increase of 8.22 per cent over the same month ot last year. Net operating income of $<94,717 Is reported by Central West Public Service Company for the twelye month, ended last April 30, or more than twice the $390,500 interest requirement of the First Lien Collateral Bonds of which $1,050,000 were sold last March, bringing the total volume outstanding to $7,100,000. Total sales of twenty of the nation’s leading chain store systems aggregated $126,237,360 for t.ho month of May. an increase of 53.96!../00 or 3.25 per tent compared with the xjtal of $122,272,060 reported lor May. 1919. according to figures compiled bv George H. Burr & Cos., specialists In chain storii securities and financing. * Combined assets of approximately $25.000,000 are involved In a plan for the acquisition bv Manhattan-Dearborn Corporation of the common stock of The Lawbecc Corporation, it was recently announced by Lawrence Stern, president of both corporations. Stern is also president of Lawrence Stern k Cos., investment bankers. Directors of Burco. Inc., declared the regular auarterlv dividend of 75 cents a share on the convertible preferred stock payable July 1, to stockholders of record June 16. G. C. Murphy Company for May reports gross sales of $1,410,166 against $1,192,137 for the same month last year, an increase of 18 per cent. Sales for Ithe five months ended May 31, totaled $5,812,096 against $5,227,550 for the same period last year, an increase of 11 per cent. The Schiff Company for May reports gross sales of $1,075,783 against $883,498 for Mav. 1929. an increase of 21.76 per cent. For the five months ended May 31. 1930. sales totaled $3,817,644 against $3,022,506 for the same period last year, an increase of 26.31 per cent.

Produce Markets

Eggs (Country Run)—Loss off delivered in Indianapolis, 16%c: henery 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 auality quoted by Kingan & Cos. Butter (wholesale) —No. 1 35G36c: No. 2. 33@ 34c. Butterfat —31c. Cheese (wholesale selling price per pound)—American loaf. 31c: pimento loaf. 32c: Wisconsin firsts. 27c; Longhorns. 34c: New York Limberger. 36c. Bv United Press NEW YORK. June 11.—Flour Dull Rnd easy; spring patents. $5.10®6.10. Pork— Steady; mess. $32. Lard —Easier: middle west spot. $10.40®) 10.50. Tallow —Weak: special to extra, sVi@s%c. Potatoes—Firm and higher; southern. s2® 6.25: Maine. [email protected]. Sweet potatoes—Quiet: Jersev. basket. 75c® $3.50. Dressed poultry—Quiet; turkeys. 25®43c; chickens. 17®37c; fowls. 21@25c. Live poultry—Barely steady: geese, sll® 14; ducks, 14@23c: fowls, 21®’ 25c: turkeys. 15®25c; roosters. 13®14c: broilers, 20®! 44c. Cheese—Steady, state whole milk: fancy to special, 24®26c; young America. 19@25c. Bv Ignited Press _ ~ , , CHICAGO. June 11.—Eggs—Market steady; receipts. 13.265 cases: extra firsts. 22%c: firsts. 22c; current receipts. 20%® 21c: seconds. 18c. Butter —Market weak: receipts. 8,270 tubs: extras. 31 %c: extra firsts, 29®30c: firsts. 28®28%c; seconds. 30c: standards. 31%c. Poultry—Market unsettled; receipts. 1 car; fowls. 22c; springers. 28c: Leghorns. 16c: ducks. 13c; geese. 12c: turkeys. 18c: roosters. 13%c; broilers. 22c. Cheese—Twins. 16%®17c; voting Americas. 18c. Potatoes—On track, 4io; arrivals, 94: shipments, 527: market, old stock, no quotations: new stock, barely steady: southern sacked bliss triumphs. *3 @3.35: North Carolina barrels, Irish cobblers, $5.25©5.50. Bv United Press _ ~ CINCINNATI, 0.. June 11.—ButterSteady; creamerv in tub lots, according to score. 29@32c; common score, discounted 2®3c; packing stock No. 1. 25c; No. 2,15 c; No. 3,12 c; butterfat. 28®30c. Eggs —Steady; cases Included: fresh gathered, 23c; firsts. 21c; seconds. 19c; nearby ungraded. 22c. Live poultry—Thin and coarse stock sells only at heavy discount; fowls, 5 lbs. and over, 21c; 4 lbs. and over. 20c: 3 lbs. and over, 20c; Leghorns, 3 lbs. and over. 18c; roosters. 15c; broilers, colored, over 2 lbs.. broilers, 1% lbs. and over. 29c: 1% lbs and over, 26c: Leghorn and Orpington b: oilers, 1% lbs. and over. 22%c; 1% lbs. and over. 20c; broilers partly feathered, 18@20c; black, springers, 20c. Bv United Press CLEVELAND. June 11.—Butter—Extras. 31 %c; seconds. 31 %c. Eggs—Extras. 23c; firsts, 22c. Poultry—Fowls, 23®24c; medium. 23® 24c: Leghorn, 15® 20c; heavy broilers. 28® 36c: Leghorn broilers. 20® 28c; ducks. 15®22r; old cocks, 13® 14c: geese. 10® 15c. Potatoes —Maine Green Mountain. $4 per 150-lb. sack: Idaho Russet, $4.05® 4.10 per 100-lb. sack.

New York Bank Stocks

—June 10Bid. Ask. American 110 112 Bank of United States 51% 52% Bankers 140 143 Brooklyn Trust 730 750 Central Hanover 366 368 Chase National 148 149 Chatham Phoenix Natl ... 123 126 Chemical 65 67 City National 160 161 Corn Exchange 207 209 Commercial 480 490 Continental 31% 32% Empire _ 85 86 First National 5.300 5.500 Guaranty 671 677 Idving 53 50% Manhattan k Cos 118 Manufacturers 103 109 New York Trust 262 265 Public H3 IJS Chelsea 43 47

In the Stock Market

tßv Thomson & McKinnon I NEW YORK, June 11.—'The tariff issue promises definitely to be brought to a head before the close of the week. Adding further weight to the protests already voiced, we have the sharp denunciation of the tariff bill by the President of the American Bankers Association. Washington is beginning to realize that perhaps much of the stagnancy of business may be directly attributed to the uncertainty surrounding the tariff. Eagerness to remove that uncertainty is apparent. Defeat of the proposed measure may yet be the answer to the earnest efforts of our leading bankers and industrialists. Decreased steel tonnage figures and further falling off in car loadings continue to paint an unsatisfactory picture of present business. The stock market, however, is prepared for this sort of news. Poor earnings statements and perhaps dividend omissions, which are yet to come, should occasion no surprise. One encouraging development noted is the character cf buying which appeared yesterday, it was the best in a month and was such to inspire confidence on the part of the investor. With the elimination of the tariff bill, business confidence should revive materially. Trade barometers will take on a different hue. Therefore, we believe stocks are a purchase on any reaction. Marriage Licenses Maynard Liggfns, 21. of 621 Blake, clerk, and Ada G. Marten. 19. of 621 Blake. George S. Thomas, 39. of Chicago electrician, and Opal E. Thomas, 35. of 1002 Rybolt. " Patrick V. McAtee. 30. of 431 North Illinois, clerk, and Mary C. Assert, 19, of 36 West Vermont Leon Adler. 21 of 19 Whittier, manager, and Anna Zinien. 20. of 426 East Fortyninth. Frank L. Bulgrove. 22. of R. R. 8. Box 201. knitter, and Ruby G. Heavrtn. 19. of Southport. Edward W. Tibbs. 40. of 1035 West Vermont tailor, and Nettie Goodwin, 28, of

WEAKER TREND HOLDS SWAY IN CITYHOG MART Cattle and Veals Sink 25 to 50 Cents; Sheep Trade Off. June Bulk Tod Receipts 4. $10.40® 10.50 *10.50 7.500 5. ' 10.35® 10. SO :0.50 8.000 6. 10.35® 10.45 10.50 7.000 7. 10.35® 10.45 10.50 3.000 9. 10.45® 10.85 10.55 5.000 10. 10 25 10.25 8.000 11. 10.20 10.25 6.000 The weak trend in Tuesday's market continued in hog trade at the city yards today, prices ranging steady to 6 cents lower. The bulk, 160 to 300 pounds, sold for $10.20, top, $10.2.7. Receipts were estimated at 6,000; holdovers were 668. Slaughter classes held around 25 cents off in cattle trade. Receipts were 1,250. Vealers were weak to 50 cents lower, selling at sll down. Lambs were off 50 cents or more, the bulk selling around sll to $11.50; top price, $11.50. Receipts were 1,200. Chicago hog receipts were 19,000, including 5,000 direct; holdovers were 6,000. The opening was steady with Tuesday’s average; $lO to $lO.lO bid for a few loads and paid for an occasional load of good to choice 160 to 270-pound weights; around 350-pound weights were $9.65. Cattle receipts were 10,000, sheep, 10,000. —Hogs— Receipts, 6,000; market, lower. Heavies. 800 lbs. up $ [email protected] 250-300 lbs 10.20 Med. wts.. 225-250 lbs 10.20(510.25 200-225 lbs 10.20® 10.25 Light wts.. 160-200 lbs 10.20®10.25 130-160 lbs 9.75® 10.20 90-130 lbs 8.75®) 9,50 Packing sows 8.25® 9.25 —Cattle-7-Receipts, 1,250; market, lower. Beef steers. 1.100-1.500 lbs. good and hcoice $10.50® 12.75 Common and medium 7.50®10.50 Beef steers. 1,100 lbs. down, good and choice 10.25®12.50 Cmmon and medium 7.00® 10.25 Heifers. 850 lbs. down, good and choice 9.50® 10.50 Comomn and medium 6.00® 9.50 Cows, good and choice 7.25® 8.50 Comon and medium 5.50® 7.25 Lower cutter and cutter 4.00® 5.50 Stocker and feeder steers, good and choice 8.75®10.00 Common and medium 6.50® 8.75 —Vealers— Receipts. 750: market, lower. Medium and choice $ 8.00®11.00 Cull and common 4.50@ 8.00 —SheepReceipts. 1,200; market, lower. Lambs, good and choice $10.50®11.50 Common and medium 7.50®>10.00 Ewes, medium to choice .... 3.25® 4.25 Cull and common l.oO® 3.50 Other Livestock Bv United Press CHICAGO. June 11.—Hogs—Receipts. 19,000; including 5,000 direct; slow, mostly steady with Tuesday’s average; weighty butchers strong: packing sows opened strong to higher, later trade weak; top $10.15 paid for a few loads of 180-210 lb. weights: butchers, medium to choice. 250-350 lbs., $9.65® 10.10; 200-250 lbs., $9.75 ®. 10.15; 160-200 lbs.. $9.75®10.15; 130-160 los. $9.75® 10.15; packing sows, $8.65® 9.50: piss medium to choice, 80-130 lbs., [email protected]. Cattle—Receipts. 10.000; calves, 3,000; very little <k>ne, undertone 25c or more lower on most killing classes; largely a steer run; best weighty steers around sl3: slaughter classes, steers, good and choice. 1.300-1.500 lbs.. $11.25®13.50; 1.1001.300 lbs. i>lo.7S®l3: 950-1.100 lbs., $10.50®/ 13: common and medium 850 lbs. up. $7.75 ®11.50; fed yearlings, good and choice 750950 lbs.. $10.75® 12.75; heifers good and choice 850 lbs. down, $9.50®Gi1.50: common and medium. s7@>lo; cows good and choice. $7 @9.25; common and medium, [email protected]; low cutter and cutter. $3.75®. 5.50: bulls good and choice beef, $7.65® 9; cutter to medium. [email protected]: vealers milk fed good and choice. $10.25®; 12.50; medium. ss® 10.25: cull and common. s7® 9; Stockers and feeders steers, good and choice all weights [email protected]: common and medium. Sheep—Receipts, 10,000; early sales native lambs steady, later bids 25c on move lower; fat native lambs early [email protected]: Idahos unsold; good yearlings. $9.50@10: ell throwouts unevenly lower; fat. ewes mostly $3.50 down; labs good and choice 92 lb. dow*n. $11.50® 12.50; medium. $9.25®11.50: cull and common. $7.50 @9.25; ewes, medium to choice 150 lbs. down. $2.50@4 cull and common. $1 @3. Bv Times Special LOUISVILLE, June 11.—Hogs—Receipts, 700: market, 5c higher: 250 lbs. up, $9.60; 165-250 lbs.. $10.20; 130-165 lbs.. $9.40; 130 lbs. down. $7.40; roughs. $6.65; stags, $6.25. Cattle—Receipts. 300; market slow: prime heavy steers, $10®11; heavy shipping steers. s9®lo: medium and plain steers. $7.50®9; fat heifers. s7® 10.50: good to choice cows, s6® 7.50: medium to good cut t#rs. [email protected]; canners, $3.50®4; bulls, ss® 7: feeders. $8©9.50: Stockers. s6® 8. Calves—Receipts. 300: market 50c lower: tops. $8.50® 9; good to choice. $6.50@ 8.50: medium to good, ss® 6.50: outs. $4.50 down. Sheep--Receipts. 2.000: market, steady: ewe and wether lambs. $11; buck lambs. $10: second and fed lambs. $6.50®7: clipped sheep. $3.50® 4.50. Tuesday’s shipments: Cattle, 147; calves. 160; hogs. 267: sheep, 2,163. Bv United Press t inn E \, E^ ND * June n.-Hogs—Receipts, 1.400: holdover, none; steady; 150-210 lbs. JlO-60; 220-250 lbs.. $10.50: 250-300 lbs.. $10.35: pigs. $10.25. Cattle—Receipts. 600; very draggy. supply low grade steers, excessive. general trade tending lower, action centering on medium steers at $10.75 downward: few low cutter to common cows. $4 ® 6.50. Calves—Receipts, 600; weak to 60c lower; better grade vealers. $12®12.50* odd head. sl3; medium. slo@ll. SheepReceipts. 800: steady; good to choice lambs, *11.50® 12: few strictly choice eioted. $12.50; cull to medium yearlings. s7®B. Bv United Press EAST ST. LOUIS. 111.. June 11.—HogsReceiots. 12.500: market, fairly active: steady to 5c higher: top. $10.35 oh one load 240-Ib. average; bulk desirable, 160-240 lbs., $10.15: some at $10.10; sows. $9.10@9 25. Cattle—Recsipts. 4.000. Calves—Receipts. 2.000; market, indications about steady on good steers and lower on others: light mixed yearlings and heifers, steady: top heifers. sl2: best mixed yearlings. $11.75; lower tone on beef cows: low cutters slow; most bulls about steady; ton. $7; vealers, 50c lower at $10.50. Sheep—Receipts. 4,000; market, steady: oulk good lambs to packers. $11: throwouts, $5.50; fat ewes, $4 downward. B" United Press PITTSBURGH, June 11—Hogs—Receipts. 1.800: market, steady; few sorted 150-210 lbs. weights. $10.70: 220-250 lbs.. $10.40® 10.65 :260-300 lbs.. slo® 10.35: pigs. $10.25 @10.50; sows, mostly $8.50®8.75. Cattle— None. Calves—Receipts. 200; market, steady to 50c lower: bulk vealers, $9®*11.50. Shepp—Receipts. 500: market steady to weak: bulk lambs. [email protected]: few. sl2: yearlings, sß®9; shorn aged wethers. s4@s. Bv T T vited Press EAST BUFFALO. N. Y.. June 11.—Hogs —Receipts. 1.300: holdovers. 300: hogs scaling 160 lbs. up and sows eteadv: pigs and light lights steady to weak; desirable 150-260 lbs.. $10.65® 10.75; 260-300 lbs.. $10.50® 10.65: 120-150 lbs.. $10.50® 10.66; most pigs. $15.50; packing sows. [email protected]. Cattle—Receipts. 350: steady to weak: a few loads common to medium lightweight steers. s9® 10.25; beef cows around $7.50® 8: most cutter grades. [email protected]. Calves— Receipts. 500: market slow; steady to weak: good to choice vealers. $11.50® 12; i medium sorts. $9.50® 10.50. Sheep—Receipts. 1.300: lambs about steady; mostly good kinds 70 lbs. down at $11.75@12: no choice offered: yearlings 25c lower; choice weighty kinds. $10.50: fat ewes steady at $3.50@5. Bv United Press CINCINNATI. 0.. June 11.—Hogs—Receipts, 2.200; heldover. 770; unevenly steady to 5c higher: bulk desirable 170 to 250 lbs.. $10.25® 10.50; good and choice 180 to 240 lb. averages. $10.45® 10.50: heavier weights scarce: 260 to 300 lbs.. slo® 10.25: bulk 120 to 160 lbs.. $10: half fat grassy hogs 2oc or more under quotations; bulk sows. $8.50#8.75. Cattle—Receipts. 500: calves 450: cows and bulls about steady; spots lower: all other classes' of slaughter cattle at standstill; semi-demoralized with no outlet: few odd sales at sacrificial prices few cows. $6.25® 7.50: bulk low cutters and cutters. s4® 5.50; strong weights up to $6 ®7.50: vealers. uneven: weak to 50c lower: sorts considered indications closing at full downturn: selected 140 to 170 lb. vealers, $11; bulk good and choice, slo@ 10.50: undergrades mostly. s7® 9.50; heavy vealers 200 lbs. and over. s9® 9.50 and down to $7 or less. Sheep—Receipts. 1.700; slow; fairly steady; bulk good and choice lambs *lo® 11: common and medium. *7®9.50; costly. *B® 9: buck lambs up to $10; bulk desirable mutton ewes. s3@4; common ewes and aged bucks. $3 down. Bv United Press FT. WAYNE. Ind.. June 11.—Receipts: Cattle. 100: calves. 75: hoes, 400: sheep, 100: hog market, stead;*: 90-110 lbs.. $9.15; 110-130" lbs. $9.40: 130-150 lbs. *9.65: 150160 lbs. $9.80 160-180 lbs.. *10; 180-200 lbs.. *1.10: 200-215 lbs.. *10; 225-275 lbs.. *9.90 : 275-350 lbs.. *9.75: roughs. *8 25: stags *6; calves. *J 1 ’ 50; spring lambs, *10; yearlings lambs. *7 @B. NEW YORK COFFEE RANGE —June 10— _ _ High. Low. Close. July 7*5 7.82 7.82 September

Dow-Jones Summary

International Nickel of Canada offers common stockholders rights to subscribe to additional common at *2O a share in ratio of 6 new shares for each 100 held. Ratio of New York Btock Exchange borrowings against collateral declines 0.3 per cent during May to 6.33 per cent. Market value of all listed shhares declined $285,752,529 to $75,018,855,283. Loan: to brokers declined $315,299.4447 to SIJB. F. Goodrich Company elected Sidney Weinberg of Goldman Sachs & Cos., and Wesson Seyburn of Detroit, directors. Daily average production of erode oil in United State* week ended June 7 waa 2,SSB.(MM barrels, decrease of 21.400 barrels, according to American Petroleum Institute. Crude oil runs to reinerles averaged 2.671, 600 barrels dally# increase 105.300 barrels. John Morrel & Cos. for six months ended Mav 3. 1930, earned *2.27 a common share against $4.80 a share in like period of preceding fiscal year. Continental Diamond Fibre declared 50 cents quarterly dividend, placing stock on $1 annual basis, against $3 previously paid. Department stores sales In May about equal to May, 1929, according to preliminary reports to federal reserve system bv 551. stores located in leading cities. Five months sales are about 3 per cent below like 1929 period. Newton Steel Company declared quarterly dividend of 50 cents on common; placing stock on $2 annual basis, against *3 previously paid, also regular quarterly dividend of *1.50 on preferred. Dividends are payable June 30, record June 20. Standard Gas k Electric Company declared regular quarterly dividends of Bi% cents on common and *1.75 on prior preference stock, payable July 25, record June 30. Officers and members of executive committee re-elected. American Seating Corporation omitted 3uarterly dividend of 50 cents on common ue at this time. For first quarter reports net loss of $108,460 after Interest and depreciation against profit of $41,645 before taxes in like 1929 quarter. Car loadings in week ended May St. holiday week, totaled 800.249 cars, a decrease of 71,223 from preceding week, 112.575 below like 1929 week and 74,424 below like 1928 week. John R. Thompson Company declared quarterly dividend of 75 cents on common payable July 1. record June 21, pl*olng issue on $3 annual basis against $3.60 previously paid. Ihternational Nickel special stockholders meeting July 25 to vote pninMcnw in authorized common to 15,000,000 shares from 13,928,594. Senate reaches agreement to vote on tariff bill conference report at 2 p. m. Friday, house to consider bill Saturday under special rule. American Department Stores Corporation May sales $1,000,944. an Increase of 0 5 per cent over May 1929. For five months $3,982,771, a decrease of 0.3 per cent. LONDON—New York cables opened at 4.35 13-16. unchanged; Paris checks. 123.72; Amsterdam. 12,083; Italy, 92.85; Berlin. 20.365. Perfect Circle Piston Ring Corporation declared regular quarterly dividend of 50 cents on common. Transue k Williams Steel Forging Corporation declared regular quarterly dividend of 25 cents. Davenport Hosiery Mills declared regular quarterly dividends of 50 cents on common. payable July 15. record July 1 and $1.75 on preferred payable July 1. record June 20. Bancomit Corporation declared regular quarterly dividends of 40 cents on common and 40 cents on common class A stock, payable July 1. record June 16. Harvey C. Couch elected director St. Louis. Ban Francisco Railway, succeeding Leonard Adkins, resigned. Also appointed to executive committee succeeding E. V. R. Thayer. Department of agriculture forecasts production of winter wheat as of June 1 at 532.000.004 bushels against 525,000,000 bushels against 525.000.000 on May 1. Rve forecast was 16,700,000 bushels a jainst 16,800,000. Canadian Power k Paper Corp.. has acquired Anglo-Canadian Pulp & Paper Cos. on basis of exchange of 2% shares of Canadian Power for 1 share of Anglo-Can-adian. Great Atlantic & Pacific Tea Cos. May sales $104,671,252. against 97 319.057 in 1929. Five months $465,177,361, against $430,184,406. Tonnage ‘sales of foodstuffs for May totaled 503,976. against 451,680 for May 1929, Macmarr Stores May sales *7.802.351 against *7,063,720 in , Fl ' e months $36,482,990. against *33,492.692. German 5% per cent annuities loan will be issued Thursday at public price of 90, except in France where price will be 98. United States allotted *93,250,000, Great Britain 13,000,000 pounds and Frances 2,515,000,000 francs. Total productive value of entire issued between $340,000,000 and $350,000,000. Edward P. Warner, editor of aviation. James M. Hutton Jr., of W. E. Hutton k Cos.. J. Gates Williams ot Francis Bros, k Cos.. St. Louis, and Allan W. Ames of C. D. Halsey <fc Cos., elected directors of Air Investors. Inc. French Line declared dividend of 50 francs on 600-franc shares for 1929 against 80 francs in previous year. General Electric Company has obtained an order from Union Gas and Electric Company of Cincinnati for three conductor cables of 66-kllovolt capacity to replace four overhead circuits between the transformers of Its Columbia part generating station and its terminal transmission lines.

Indianapolis Stocks

- JU,yll “ Bid. Ask. *mer Central Life T ns C0....1,000 ... Belt RR k Yds Cos com 60% 63% •Belt R R & S Yds Cos pfd.. 56 60 Bobbs-Merrill Cos 30 33% Central Ind Pow Cos pfd 89 Circle Theater Cos com 106 Citizens Gas 27 ... Citizens Gas pfd 96 101 Commonwealth L Cos pf 7%... 97 102 •Commonwealth L Cos pf 8%.. 93 ... Hook Drug Cos com new 2* zo Ind Hotel Cos Claypool com.. 125 ... Indiana Hotel Cos pref 101 105 Indiana Service Cora pref 86 ... Indianapolis Gas Cc common.. 57 61% •Indpls Power k Lt Cos pfd... 103% 105% Indpfs Pub Wey Loan As com.. 83 Indpls St Rv Cos pfd ........ 10 •- Indianapolis Water Cos pfd .. 99 100% •Interstate U S Cos pr 6% L pf 89 93 Interstate Pub Serv 7%......101% 104 •Northern Ind Pub 7% co pfd.. 107 •NonheVn al lnd °P '5%% 'co pfd 91 % 94% •Northern Ind Pub 6% co pfd 99 102 Progress Laundry Cos c0m.... 46 48 b S Rauh & Sons Fer Cos pfd... .. Rea! 811 k Hosiery M Inc pfd.. 96 ... Shareholder? Investors C 0,... 24% ... Standard Oil Cos of Ind 51% ... T H 1 k E pfd ........ ...... 10 •Terre Haute Trae L Cos pfd. 7a Union Title Cos common ...... 43% ... Van Camp Prod Cos Ist pfd. :. 98 Van Camp Prod Cos 2nd pfd. .. 98 •Ex-Dlvldend. —Bond*— Belt R R & Btock Cos 5s 91 Broad Ripple 32 ... Central Indiana Gas Cos 5s 99% ... Central Ind Power Cos 6s 98% ... Citizens Gas Cos ss. ...... 101 102 Citizens Street Railroad 5s .. 42 43% Gary St Ry Ist 5s 1-*.??, Home Tk T of Ft Wayne 6s. 101% ... Ind Northern Trac Cos 3 6 Ind Ry k Light Cos 6s 96 Indiana Service Corpn 5s . 88 ~ Indpls Power k Light Cos 55.. 99% 100% Indiai a Union Trac Cos 55.... 7 Indpls Col k Trac Cos 65... 93 94 Indianapolis Gas Cos 5s 99% ... Indpls k Mart Rapid T Cos 5s Indpls No Trac Cos 5s 10 Indpls North Western Cos .... 10% ... Indpls Street R 7 4s 29 31 Indpls Trac Ter Cos 5s 80% ... Indpls Union Ry 6s 100% Indpls Water Cos 5%s 102 104 Indpls Water Cos 5s 97% ... Indpls Water Cos He k ret 98 ... Indpls Water 4%s 93% 94% Indpls Water W Sec Cos 5s 88 Interstate Pub Serv Cos 4%5.. 91% ... Interstate Pub Ser Cos 5s 97% ... Interstate Pub Serv 6' s 103 No Ind Put Serv Cos 5s 101 ... No Ind Telegraph Cos 6s ..... 97% 100 T H Ind k East Trac Cos 55.. 64 T H Tree Light Cos 5s Onion Trac of Ind Cos 8 .. .. 17% ... Hotel Opening Set Bv Times Special ANDERSON, Ind., June 11.—Formal opening ot the new eight-story Anderson hotel will be held next Tuesday. Executives of the PiciWenzel Hotel Corporation of Clsirairo yUL attend.

.JUNE 11, 1930

GRAPHIC ‘INSIDE’ OF STOCK PANIC IS MADEPUBLIG Tense Story Is Told by Whitney, President of Exchange. BOSTON, June 11.—The inride story of the stock market panic of October, 1929. was told here ov Richard Whitney, president of the New York Stock Exchange, in a speech before the Boston Association of Stock Exchange firms. He pictured graphically the “cellar meeting" of the governors of the exchange in a stuffy room under their palatial quarters in order that the financial community might not be alarmed. Two Morgan partners, attempting to avoid attention by entering without identifying themselves, were held up by guards until a governor rescued them. He described the dramatic announcement of the shortening of the trading session which he made from the rostrum. When the secret meeting decided to curtail the sessions, it fell to whitney as acting president to make the announcement. Traders Broke Into Cheers The brokers, expecting an announcement of a failure or suspension, waited anxiously, and broke into cheers when he had finished. Whitney expressed the belief that the exchange followed the best course possible in the panic, that of letting it burn itself out. Whitney, referring throughout his speech to the “panic,” a term once in ill-favor among Stock Exchange officials, related numerous events hitherto kept secret. He announced for the first time, for example, the result of the questionnaires on the bear position after the major break when professional traders were hammering prices still further. , Served to Quiet "These questionnaires,” he said, “were quickly analyzed and it was found that the aggregate amount of borrowed stock was so small as to be almost inconsequential; being, in fact, only about one-eighth of 1 per cent of the value of all stocks listed on the exchange. Incidentally, the questionnaires served to quiet traders and end panicky liquidation, coming as they did when a reported bid of SSO each for a million shares of Standard Oil of New Jersey was made. Whitney stressed the fact that the market break was unique in that not a single stock exchange went into bankruptcy. Crash Net Without Value The collapse was net without value. Whitney indicated, because of the lessons it taught. First of all, he explained, the need of a speedier ticker was driven home. The exchange soon will have installed a high speed mechanism capable of handling 10,000,000-share markets. A second lesson learned was the safety of brokers’ loans. Whitney pointed out that the loan total was deflated from $8,503,000.0000 to barely more than $'1,003,003,003 “without the loss of a penny to a single lender.” A third item, he went on, was the “necessity of maintaining flexible requirements concerning margins, not only upon security collateral loans, but also upon brokers’ customers’ accounts.”

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Wednesday. June 11. were $3,913,000; debits. $7,120,000, CHICAGO STATEMENT Bv United Press CHICAGO. June 11.- Bank clearings, $*02.300.000: balances. $4,600. NEW YORK STATEMENT B<’ United Press NEW YORK. June 11.—Bank clearing', $1 431.000.000: clearing house balance, $189,000,000: federal reserve bank credit balance. $176,000,000. TREASURY STATEMENT Ru United Press WASHINGTON. June idol’sv net balance on June 9. was customs receipts for the month to that* date totaled expenditures on June 9 were $14,940,033.92.

Average Stock Prices

Average of thirty industrials for Tuesday was 257.29. up 6.53. Average of twenty rails was 138.40, up .39. A ', rra * f twentv utilities was 95 -<V,, p Jr 22 n 7 A " Age of forty bonds was 95.22. off .07. Killed Instantly by Train Bn Timm Koccial HAMMOND, Ind., June 11.—Dan Kuric, 62, of Indiana Harbor, was killed instantly today when he walked in front of the Gotham Limited. His body was thrown 200 feet. . TOO LATE TO CLASSIFY LOYAL ORDER OF MOOSE-Officers and members of Indianapolis lodge No. 17, this is to advise you of the death of Bro. J. O. Thamsnn. /'Funeral "Thursday, 9:30 a m. at the residence, 547 N. Oxford St. Members who can. please attend. SAMS l MONTGOMERY. Dictator; WM. amderSON. Secretary. — —• R 0 1578. oldsmoblle cab coupe. t a 1927: this ca E was , trade 4*£ V* T from an aged couple and is in M perfect condition throughout. \r§ ft Lauth used car lot. Noble and F. Wash. St. Ri. 1175; Leira! Notices NOTICE _ GENERAL ORDER NO 2. 1930. Passed bv the Board of Parle Commissioners of the City of Indianapolis. Inoiana. Office of the Board. CLy Had Under and by virtue of the authority granted by the Acts of 1920. of the General Assembly of the State of Indiana. Chapter 32. at pages 105 and 107. belnp an act authorizing the Board of Par< Commissioners in cities of the first class to make general orders, etc., ana approved July 27. 1920. the Board of Parle Commissioners of the City of Indianapolis at ts regular meeting on the 29th day 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 Inc ianapo'.i3. Indiana, that it is considered necessary by the Board in order to promote public health, safety, morals and general welfare, that the burial of bodies locating of graves, construction of buildings or structures of any kind in cemeteries outside the limits of the City of Indianapolis which are now established, or may at a future date be established, within five hundred tsoo> feet of any park, parkway or boulevard under the control of the Board of Park Commissioners of the City of Indianapolis, shall be and Is hereby specified and declared to te injurious to the public health, safety, morals and general welfare. THEREFORE. IT 18 HEREBY ORDERED. by the Board of Park Commissioners of the City of Indianapolis that hereafter no bodies shall be buried, 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 oe legally established, within five hundred tsooi feet of anv park, parkway or boulevard under the iurisdlction of the Board of Park Commissioners of the Citv of Indianapolis and said Board hereby orders all such structures and graves abated, abolished and permanenW ly removed and prohibited. ADOLPH O. EMHARDT JACKIEL W. JOSEPH PAUL E. RATHERT LOGAN C. SCHOLL ■ BOARD OP PARK COMMISSIONERS CITY OF INDIANAPOLIS.