Indianapolis Times, Volume 42, Number 28, Indianapolis, Marion County, 12 June 1930 — Page 16

PAGE 16

WEATHER NEWS SENDS FUTURES DDWN SHARPLY General Rains in Canadian Crop Centers Is Bearish Influence. Bv l nitrd Peru CHICAGO. June 12.—Bears continued to pres* the selling side as the Board of Trade clcsed and wheat prices were sharply lower. The general rai is In Canada was the most important facor during the day. and with the sentiment mainly bearish prices tumbled to new lows on the present movement, being well over 2 cents down at onne time. Buying on resting orders and against bids checked the decline and caused small recoveries from time to time, but there was no real rally. Com eased with wheat and oats fell sharply with the major grains. At the close wheat was 1% to l s s cents lower, com was % to '4 cent lower and oats was 5 * to 1U cents lower. Provisions were steady to lower. Liverpool weakened further in the late trading to close 1% to 20 lower. Buenos Aires was down 1% to 1% at mid day. There were reports of some hard winters and durums worked for export with bids in for new wheat, but there were no figures available. Cash prices were 1 1 2 cent lower. Receipts were 7 cars. The weakness in wheat undermined the strength in corn and that grain declined in the major fractions, where the market held at midsession. Country bookings were small, due mostly to the decline in prices, but shipping orders were also light. The weather remains favorable. Cash prices were >4 cent lower. Receipts w'ere 167 cars. Oats broke about 1 cent in sympathy with the other grains early and was still in the major fractions lower at mid-morning. There was no special news, the market following the trend of th eother grains. Cash prices were ’4 cent lower. Receipts were 34 cars. flu 7 imra Special CHICAGO. June 12.—Carlots: Wheat. IS: corn. 183: oats. 28: rye. 1. and barfey. 2

$98,250,000 German Government International 5M 2% Loan 1930 THIRTY-FIVE YEAR GOLD BONDS United States of America Issue Dated. June 1, 1930 Due June 1, 1955 Interest payable June I and December I BASK FOR INTERS A TIOSAL SETTLEMENTS, TRUSTEE. A cumulative sinking fund, computed to be sufficient to retire the entire issue at or before maturity, is to be applied to the purchase of Bonds at or below 100 % and accrued interest if available, or otherwise to the redemption at that price of Bonds drawn by lot. Redeemable at 100 c ' o and accrued interest upon not less than 45 days' previous notice, on June lof any year through the sinking fund, and on June 1, 1935, and yearly thereafter in amounts of not less than $7,500,000 principal amount at the option of the Government. Coupon Bonds in denominations of $1,090, SSOO and $lO9. rrinapal and interest payable in New York City at the office of J. F. Morgan & Cos. in United Stales gold coin of the standard of weight and fineness existing on June i, 1930, without deduction for any German taxes, present or future. y Dr. Paul Moldenhauer, Minister of Finances of the German Reich, has furnished the following facts regarding the German Government International Loan 1930, a more complete statement being printed in a circular dated June 12,1930: The payment of the principal . interest and sinking fund of the Loan is the direct and unconditional obligation of the German Government to the bondholder, for which the full faith and credit of the German Government are pledged. Principal and interest of Bonds of the United States of America issue are payable in dollars. Payment may, however , at the option of the holder, be effected on any foreign market where any of the Bonds of the Loan are quoted in the currency of that market at the then current rate of exchange, as set forth in the General Bond of the Loan. These Bonds constitute part of the German Government International 5 1 /i% Loan 1930, which is to provide an aggregate effective amount equivalent to approximately $300,000,000 by the issuance of portions of the Loan (in bonds of various currencies, all of equal rank, without priority of any bond over any othsr as to the payment of principal, interest or sinking fund) in the following countries and in the following principal amounts: United States of America, $98,259,000; France, 2 515,000.000 francs; Great Britain, £12,000,000 sterling; Holland, 73 090,000 florins; Sweden, 110,000,000 kronor; Switzerland, 92,000,000 Swiss francs; Germany, 36,000,000 reichsmarks; Italy, H 0,000,000 lire; Belgium, 35,000,000 belgas. Two-thirds of this Loan represents the capitalization of a portion of the unconditional annuities payable by Germany according to the Sew Plan, and the proceeds thereof will be paid to the Bank for International Settlements for the account of the Creditor Powers concerned. The remaining one-third of the proceeds of the Loan will be utilized by the German Government to provide for requirements of the German Railway Company and the German Post Office and Telegraphs. The German Government International Loan 1930 is authorized by Law of March 13, 1930 and by Law of May 30, 1930 enacted by the German Reich. The Loan is issued in conformity with the New Plan adopted by jhe Hague Agreement and with the Mobilization Agreement, both of January 20, 1930, between Germany and the signatory Creditor Powers, which Agreements were ratified by the above-mentioned Law of March 13,1930, and, for the purpose of issuing the Bonds of this Loan, the German Government has executed its General Bond to the Bank for International Settlements as Trustee. The Hague Agreement, between Germany and the signatory Creditor Powers, states “the New Plan is definitely accepted as a complete and final settlement, so far as Germany is concerned, of the financial questions resulting from the War.” For further particulars, reference is made to the more detailed statement printed in the circular, a copy of which may be obtained upon application. The Bank for International Settlements has taken note of such statement and has agreed to act as trustee for the bondholders. THE ABOVE BONDS ARE OFFERED FOR SUBSCRIPTION, SUBJECT TO THE CONDITIONS STATED BELOW, AT 90% AND ACCRUED INTEREST, TO YIELD 6.20% TO MATURITY. Subscription books will be opened at the office of J. P. Morgan & Cos., at 10 o'clock A. M., Thursday, June 12, 1930, and closed in their discretion. The right is reserved to reject any and all applications, and also, in any case, to allot a smaller amount than applied for. All subscriptions will be received subject to the due issue and delivery to us of the Bonds as planned and to the approval by counsel of the form and validity of the Bonds and of the relevant proceedings and authorizations. The amounts due on allotments will be payable at the office of J. P. Morgan A‘ Cos , in New York funds to their order, and the date of payment (on or about June 26, 1930) will be staid in the notices of allotment. Interim Receipts, exchangeable for definitive Bonds when received, are to be delivered. J. P. Morgan & Cos. Kuhn, Loeb & Cos. First National Bank, New York The National City Company Guaranty Company of New York Bankers Company of New Yoi h Chase Securities Corporation Harris Trust and Savings Bank Lee, Higginson & Cos. Kidder, Peabody & Cos. Dillon, Read & Cos. Halsey, Stuart & Cos., inc. Brown Brothers & Cos. International Manhattan Company, Inc. Fletcher American Company Fletcher Satings and Trust Company New York, June It, 1930. > ■*%. *,* -

In the Stock Market

(By Thomson h McKinnon) NEW YORK. June 12.— Public announcement of the details involving the reparation bonds has finally made Its appearance. Judging from j the financial sponsorship, little ! doubt can be entertained over the j disposition of the issue. Industrial l news is no more encouraging than it has been for some time. Dividend reductions and omiss.cns, bank failures, disappointing earnings and base rumors are all developments | to be expected In a period of readjustments. The slackening cf the steel operations really is unfavorable only in comparison with last year. In fact, with inquiries for structural steel the largest for any week this year and pipe line business taxing capacity, we are not without some ray of sunshine. There is little to be concerned about over the brokers loans. A material reduction seems likely but security offerings have been heavy and this financing may take up some slack released by stock market liquidation. The feature in the commercial situation is the remarkable change from indifference to aggress.ve opposition on the part of the whole country toward the tariff bill. It is being realized r ,hat as an industrial exporting nation our export trade must be protected, otherwise general business will suffer. Regardless of the outcome a decision is demanded. The action of the stock market continues to reflect uncertainty. Most encouraging, however, is the intimation that powerful banking support has finally been given to the stock market. We are of the opinion that the market now presents excellent investment opportunities.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings Thursday. June 12, $4,365,000: debits, $8,728,000. CHICAGO STATEMENT /?;/ J'yiii rft Press CHICAGO. June 12.--Bank clearings, $98,400,000: balances. $4,900,000. NEW YORK STATEMENT flu United PrrxK NEW YORK. June 12.—Bank clearinss. $1 236.000.000: clearing house balance. $174,000,000: federal reserve bank credit balance. $158,000,000. TREASURY STATEMENT fin United Preax WASHINGTON. June 12.—The treasury net balance on June 10. was $39,399,842.74; customs receipts for the month to that date totaled $14,228,982.33: government ex--i°nditures on June 10. 818.H05.467.00.

STUCK MARKET CONTINUES OFF IN EASYTRADE Reduction of Call Money Is Strengthening Factor Late in Day.

Average Stock Prices

Average of thirty industrials for Wednesday was 249.08. off 8.21. Average of twenty rails was 135.88. off 2.52. Average of twenty utilities was 91.65. off 3.76. Average of forty bonds was 95.27. up .05. Bu T niled Prexx NEW YORK. Jure 12.—The stock market maintained an erratically lower tone today, despite several attempts to pick up from Wednesday's j break. There was a drop at the opening, followed by a rally. Then the market eased off. Shortly before noon, when call money fell to 2 ] i per cent, some support was noted in a few issues such as Steel. The tone, however, was generally lower, losses ranging from fractions to 3 points in the general list and up to 8 points in special issues and high-priced shares. Simultaneously, cotton futures were breaking to new lows since 1926-1927 on lower prices abroad. Wheat made new lows, as did sugar. Coffee weakened. Money Drop* Copper prices were shaded to 12 ?4 cents, a reduction of M cent a pound from the recently prevailing price, by several custom smelters. ' The bright spot of the day was the reduction from 3 to 2*4 per cent in call money. This is the first time the 3 per cent rate has been officially shaded since March 20. The easy money made for quick oversubscription of the American part of the German international 5*2 per cent loan. The bonds opened at a premium of 1 point over the covering price of 90 and then advanced to 91 Vi. easing fractionally around noon. Up to noon more than $500,000 of the bonds had been traded. After the money rates was re-

THE INDIANAPOLIS TIMES

duced. United States Steel rose to above 163, up 2 points from the early low and only off V 4 from the previous close. Other issues followed. New Lows Made Before the rally Westinghouse Electric was down s’* at 151, Vanadium 4*4 at 89*4, American Can 3Vi at 1304, United Aircraft 5 at 60; Worthington Pump -6*4 at 133 V-s and others 1 to 5 points. New lows for the year were made by G llette at 77, off 44; Auburn Auto 123, off 54; Nash 34’,4, off 2V4; Chrysler 30, off 2; Packard 14"i, off *i; Bethlehem Steel 85U, off 2*4; Standard Brands 20 Vi, off Vi; American Telephone and Telegraph 215, off 2V4; New York, Chicago & St. Louis 109*4, off V 4; Chesapeake & Ohio 179*4, off 6V4; Alleghany Corporation 21%, off 1; Erie 39%, off I*4; Missouri-Kansas-Texas 41%, off % and New York Central 163%, off 2%. Chicago Grain Table —June 12— WHEAT— Prv. High. Low. 11:00. close. ; T U Iv 1.03 3 s 1.02’1s 1.02*4 1.04 Vi Sep? 1.07 l.rs% 1.05*4 1.07*4 DOC. 1.11% UO% 110% 1.12 U CORN—,Tu’v 80 .79% .79% .80% Peot *O% .80% .80% .30% Dec. 74% .74% -74% .75 OATS— Julr 39% .38% .38% .39% sent 19 .38 .38.30% Dec 4244 .41% .41% .42% RYE—■Tulv 58% .57% .57% .59% Sept 63% .62 .62 .61 Dec 68*2 .67% .67% .69% LARD—■TuIv 10.02 10.05 Sept 10 20 10.22 Bv T iiUrti Prexx CHICAGO. June 12.—Cesh gram close: Wheat*-No. 2 hard. $1.02. Corn—No. 2 mixed. 79%®80c; No. 3 mixed. 79@79%c: No. 1 ye’low. 8044® 80%c: No. 2 vellow. SO® l 80%c: No. 3 vellow. 79%4179%c: No. 4 yellow. 790'79Vic; No. 5 yellow. 78Vic; No. 6 yellow, 77c; No. 2 white, 83®83%c: No. 3 white. 82c; No. 4 white, 81c: sample grede. 65@70c. Oats —No. 2 white. 39%<ff39';c: No. 3 white. 38%®.38%c: No. 4 v’hite. 37%c. Rve—None. Barley—sl#sßc. Timothy— [email protected]. C10ver—59.5061.17. Bv United Prexx TOLEDO. June 12.—Grain close: Wheat —No. 2 red. SI-06ifi 1.07. Corn—No. 3 vellow. 8445.85 c. Oats—No. 2 white. 44@46c. Rye—No. 2. 81c. Barley—No. 2,60 c. Cloyer—Domestic cash, new. $11.80: prime choice. sl2: October. $12.60; December, $12.80. Alsike—Cash. sll. Butter—Fancy creamery. 364? 37c. Eggs—Country run. 20 @22c. Hp.y—Timothy. $1.25 cwt. Marriage Licenses Miles S. Wright, 22. of 3445 Guilford, engineer. and Rosa M. Dudenhoeffer, 24, of 410 Parker, teacher. Harry S, Hopper. 36, of 418 Division, salesman, and Mary C. Wakefield. 29, of 1005 West Washington. Fred Hunter. 31. of Long Beach, Cat. electrician, and Susie Morrison, 26, of R. R. 14. Box 326. John W. Baker. 20. of 343 North Pine, messenger, and Jo Hazel Thompson, 18, of 630 Union. Jame3 C. Carvin. 24. of 3563 Guilford, clerk, and Dorothy Hartman, 21. of 1501 East Maple road. *

Produce Markets

Eggs (Country Run 7- Leas off delivered in Indianapolis. 76%c: henenr quality. No. 1. 19c: No. 2. 14c. Poultry, (buying pricesi —Hens, weighing 4% lbs. or over. 20c: under 4% lbs.. Jfe: Leghorn hens. 17c; springers. 2 Its, or over. 2Sc: under 2 lbs.. 25c: Leghorn springer*. 19c: old cocks. 9 @ 10c; ducks full feathered, fat. whites. 9c: geese. 6c. These price* are for No, 1 too quality quote Iby Kingan &Cos Butter (wholesales—No. 1 35G36c: No. 2. 33hr 34c. Butterfat—3lc. Cheese i wholesale selling price per pound i— American loaf. 31c: pimento loaf. 32e: Wisconsin firsts. 27c: Longhorns. 34c: New York Limberger. 36c. Bu United Preax CHICAGO. June 12.—Eggs—Market steady; receipts. 11.706 cases: extra firsts. 22%c; firsts. 22c; current receipts. 20%4) 21c; seconds. 18c. Butter—Market steady: , receipts. 11,732 tubs: extras. 31%c; extra , firsts. 29is30c; firsts. 28®'28’ac: seconds. i 30c: standards. 31 I lie. Poultry Market steady; receipts. 1 car: fowls. 21®22c: springers. 28c; Leghorns, 16c: ducks. 13c: geese. 12c: turkeys. 18c; roosters. 13%c: rollers. 22c. Cheese—Twins. 16% @ 17c; young Americas. 18c. Potatoes—On track. 240; arivals. 57: shipments. 737: market, old stock, no quotations; new stock, steady to weak; southern sacked bliss triumphs. s3iff3.ls; North Carolina barrels. Irish cobblers. $5.2505.50. Bu United Presa NEW YORK. June 12.—Flour—Dull, but steady; spring patents. $5,704/6.10. Pork —Quiet: mess. $32. Lard—Steady; middle west spot. $10.40010.50. Tallow—Steady: special to extra. 5%®5%c. Potatoes Firm; southern. [email protected]: Maine. $3.50@ 4.35. Sweet potatoes—Easy: Jersey basket. 75c® *3.50. Dressed poultry—Quiet; turkeys. 25® 43c: chickens. 174f3tc; fowls, i 14® 27c; ducks. Long Island. 19c. Live poultry—Steady: geese, ll@14c: ducks. 14 @23c; fowls. 18@25c: turkeys. 15i25c: roosters, 13014 c: broilers. 20%45c. Cheese —Quiet: state whole milk, fancy to special, 24®26c; young Americas, 184*®25c. Bu United Press CLEVELAND. June 12.—Butter—Extras, 35lie: extra firsts. 35%c. Higgs—Extras. 23c: firsts. 22c. Poultry—Fowls. 23®24c: medium, 23@24c: Leghorn, 154520 c: heavy broilers. 28@26c: Leghorn broilers. 184i' 23c: ducks. 15@22c: old cocks. 12®14c; geese, 10®15c. Potatoes—Maine eren mt.. $4.25 per 150-lb. sack: Idaho Russet. $4.15 @4.25 per 100-lb. sack. Bu thiited Press CINCINNATI. 0.. June 12.-BuU.tr Steady: creamery in tub lots according to score. 29032 c: common score discounted 2®'3c: packing stock No. 1. 25c: No. 2. 15c: No. 3.12 c; butterfat, 28® 30c. Eggs —Higher: cases included: Fresh gathered. 23%c: firsts. 21c; seconds. 19c: nearby ungraded. 22 Vic. 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; Leghorn*. 3 lbs. and over, 18c; roosters, 15c: broilers, colored, over 2 lbs.. 32c; broilers, over 1% lbs.. 27c: 1% lbs. and over. 24c; Leghorn and Orpington broilers, over 1 % lbs.. 22Vic; 1% lbs. and over. 20c; broilers. nrtly feathered, 18@20c; black springers, 20c.

Local Wagon Wheat

Citv grain elevators are paying 93c for No. 2 red wheat and 90c for No. 2 hard wheat Other Livestock Bu United Presa FT. WAYNE, Ind.. June 12.—Receipts— Calve'/. 50: hogs. 300; sheep. 50. Hog market, 10c higher: 90-110 lbs.. $9.25; 110-130 lbs., $9.50: 130-150 lbs.. $9.75; 150160 lbs., $9.90: 160-180 lbs., $10.10: 180200 lbs., $10.20 : 200-225 lbs.. $10.10: 225275 lbs.. $10: 275-300 lbs.. $9.85; roughs. 58.25; stags, $6; calves. $10; spring lambs, $10; yearling lambs, $7.50.

SLIGHT UPTURN IS FEATURE OF SWINEMARKET S'aughter Classes Weak to 25 Cents Lower in Cattle Trade. Jure Bulk Top Receipts 5. $10.35*10.45 $10.50 8.000 6. 10.35010.*5 10.50 7.000 7. 10.354510.45 10.50 3.000 9. 10.45010.55 10.55 5.000 10. 10 25 10.25 8.000 11. 10.20 10.25 • 6.000 12. 10.35 10.40 5.000 Slight strength appeared in hog trade at the Indianapolis yards this morning, prices being generally 15 cents up over Wednesday's figures. The bulk. 160 to 300 pounds, sold for $10.35. Top price- paid was $10.40. Receipts were estimated at 5,000, holdovers were 330. Slaughter classes were weak to 25 cents lower in cattle trade. The market was slow at the decline. Receipts were 1,000. Vealers held steady with good and choice selling at $10.50 to sll. Calf receipts were 600. Lambs were steady with better grades making the market at $10.50 to $11.50. Receipts in the sheep market were 700. Chicago hog receipts were 18,000, including 3,000 direct. Holdovers were 8.000. Early bids and a few sales were steady to* strong with Wednesday’s prices; $lO.lO to $10.15 bid and paid for 170 to 210-pound wX&hts; 260 to 270-pound weights $lO to $10.05. Cattle receipts were 6,000, sheep 9,000. —Hogs— Receipts. 5,000; market, higher. Heavies. 800 lbs. up $ [email protected] 250-300 lbs 10.35 @lO 40 Med. wts.. 225-250 lbs [email protected] 200-225 lbs 10.'35tfi;i0.40 Light wts.. 160-200 lbs 10.350 10.40 130-160 lbs , [email protected] 90-130 lbs 8.754? 9.50 Packing sows 8.25® 9.25 -CattleReceipts. 1,000: market, steady. Beef steers. 1.100-1.500 lbs. good and hcoice .. $10,504? 12.75 Common and medium [email protected] Beef steers. 1.100 lbs. down, good and choice 10.254J12.50 Cmmon and medium 7.00® 10.25 Heifers. 850 lbs. down, good and choice 9.50@ 10.50 Comomn and medium 6.004? 9.50 Cows, good and choice 7.254? 8.50 Comon and medium 5.504? 7.25 Lower cutter and cutter 4.00® 5.50 Stocker and feeder steers, good and choice [email protected] Common and medium 6.50® 8.75 —Vealers— Receipts. 600; market, steady. Medium and choice .$ [email protected] Cull and common 4.50® 8.00 —Sheep— Receipts. 700: market, steady. Lambs, good and choice [email protected] Common and medium [email protected] Ewes, medium to choice .... 3.25® 4.25 Cull and common I.oo@ 3.50

Other Livestock Bu United Press CHICAGO, June 12.—Hogs—Receipts, 18,000 including 3,000 direct; market, steady; top, $10.15; largely a SIO®TO.IO market, on choice 170-260-lb. weights; 330-lb. weights, ranging down to $9.75; packing sows, mostly s9® 9.30; butchers, medium to choice, 250-350 lbs., $9.65®j 10.10; 200-250 lbs., lbs.. $9.75(0 10.15; 130-160 lbs.. $9.50(010.15; packing sows, $8.75®9.50: pig's, medium to choice, 90-130 lbs., $96/9.85. Cattle—Receipts, 6,000; calves, 3,000: dull, weak trade on all classes- mostly [email protected] market on steers; strictly good heavies, $12.25; no reliable outlet for general run of beef cows and butcher heifers; slaughter classes, steers, good and choice, 1300-1500 lbs., [email protected]; 1100-1300 lbs., $10.75® 13; 950-1100 lbs., $10.50@13; common and medium, 850 lb*, up, [email protected]; fed yearlings, good and choice, .750-950 lbs., $10.50® 12.75; heifers, good and choice, 850 lbs. down, [email protected]; common and medium, s7® 10; cows, good and choice, s7® 9.25; common and medium, $5.25® 7.25; low cutter and cutter, [email protected]; bulls, good and choice beef, $7.40®9; cutter to medium, $5.50®7.40: vealeis, milk fed, good and choice, slo® 12; medium, s9® 10; cull and common, s7@9; Stockers and feeders steers, good and choice, ali weights. $9.73® 10.75; common and medium, $6.25®>9.50. Sheep—Receipts, 9,000; market, steady to 25c lower; sorted native lambs, mostly sl2; a few, [email protected]; Idahos unsold, held around $12.25; common to medium yearlings, ss@B; fat ewes, mostly $3®3.25; lambs, good and choice. 92 lbs. down, $11.50®12.35; medium, s9® 11.50; cull and common, s7®9; ewes, medium to choice, 150 lbs. down, $2®3.75; cull and common, $1®2.75. Bu United Press EAST BUFFALO. N. Y„ June 12.—Hogs —Receipts, 1,300; holdovers. 500; desirable 160-240 lbs., steady to strong mostly $10.75; no weightier butchers on sale. Ltgnt lights and pigs 15c to 25c lower; 12C-150 lbs., $10.25®10.50; most pigs $10.25; sows, steady, [email protected]. Cattle—Receipts, 100; geenrally weak to a shade lower; few lightweight medium steers, $10; beef cows, [email protected]; cutter grades largely $4.75®6.50; medium bulls $7®7.50. Calves —Receipts, 300; slow and steady; good to choice vealers, $11.50® 12; mediusn kinds, $9.50® 10.50. Sheep—Receipts, 1,700; slow; good to choice lambs and yearlings. 25c lower. Plainer grades of lambs, 25®50c off; no choice kinds offered. Good handyweight lambs mostly sl2; mixed common to medium yearlings, $9; fat ewes, steady at $3.50 ® 5. Bu United Press EAST ST. LOUIS. 111., June 12.—Hogs— Receipts, 10.500; market, opened fairly active; mostly 5c higher; later trade slow; top, $10.25; early bulk, 160-240 lbs., $10.20; some, $10.15; 130-150 lbs.. slo.lo® 10.15; 100-130 lbs.. $9.75® 10; bulk sows. $9.15, I Cattle—Receipts. 2.000. Calves—Receipts, 1.200: market, vealers, steady at $10.50: other classes slow; small lots of steers, a I few cows and low cutters steady; market I not established on heifers and bulls. Sheen —Receipts. 3.500: market, steady in all classes; bulk of good lambs, $11; throwouts, $5,50; fat ewes. $4 downward. Du United Press PITTSBURGH, June 12.—Hogs—Receipts. 1,200; market, weak to 5c lower; 150-210 lbs. mostly, $10.65: 220-250 lbs.. $10.35® 10.60: 260-310 lbs.. $10®10.25: pigs, $10.26® 10.50: sows, $8.50®8.75. Cattle— Receipts, 25: market, unchanged. Calves —Receipts. 150; market, slow, weak: bulk vealers. s9® 11; few. $11.50. Sheep—Receipts, 2o0; market, weak to 50c lower; decline in sheep: lambs. $10®12: only closely sorted lots at top price; yearlings, [email protected]; grass ewes, s3®4. Bu United Press CLEVELAND. June 12.— Hogs—Receipts. 1.400: holdover, 109; steady; 150-210 lbs., $10.60: 220-250 lbs.. $10.50; 250-300 lbs., $10.35: pigs and few. 312 lbs.. $10.25; rough cows. $8.75. Cattle—Receipts. 200; at stanastill. virt , llv no outlet early for burdensome sup 1 es: low grade steers fat cows, $6®7.50: k.nds and sausage bulls. $7 downward. 50c or more under Monday: low cutter end cutter cows. $4®5.25; kinds, 25c to 50c off. Calves—Receipts. 450; weax to 50c lower: good to choice vealers. $11.50 ®l2: few $12.56; medium kind. *lo® 11. she ep_Receipts, 700; weak to 25c lower; god to choice iambs, *11.50® 12; few higher, medium yearlings. *9.50 downward. Bu United Press TOLEDO, June 12.—Hq$:s—Receipts, 350: market, strong to 10c higher; heavies. *9.50 ®10: mediums. slo® 10.10; Yorkers. $9.75 ® 10: pigs. $9.50®9.75. Cattle—Receipts, light: market, lower. Calves— Re-.ep.s. light; market, steady. Sheep—Receipts, light; market, lower. Bu Times ftpecial LOUISVILLE. Ky., June 12—Hogs—Receipts. 600; market steady; 250 lbs. up. $9.60; 165-250 lbs.. $10.20: 130-165 lbs.. $9 50; 130 lbs. down. $7.40: roughs. $6.85; stags, $6.25. Cattle—Receipts. 100; ket dull, lower: prime heavy steers. *lo® 11; heavy shipping steers. *8.50® 10; medium and plain steers. *7.50®8.50: fat heifers. *7® 10.25: good to choice cows. $6 ®7: medium to good c®**- *4.50®6. cutters. *4®4.50; canners. *3®3.50; bulls *5 ®7: feeders. *7.50® 9.50; Stockers, *5.50® 7.50. Calves—Receipts. 200; market steady tops $8.50® 9: good to choice. *6.50 ®8 s(f;’ medium to good. *s® 6 50; outs. *4.50 down. Sheep—Receipts. 2.200: market steady; ewe and wether lambs. *ll. choice. Sll 25® 11.50: buck Jambs. *lO. seconds. $6.50® 7; clipped sheep. $?-50®4-50. Yesterday’s shipments; Cattle. ICO. calves. 277; hogs, none: sheep. 1.704. Bu United Press CINCINNATI. O, June.,ll-Hogs—Re-ceipts. 3.650. including 1.550 direct; heldover. 300; steady bulk, good and choice. 170-250 lbs, $10.25® 10.50. latter price for 180-230 lbs.; load strictly choice 215 lbs, $10.55; few 260-300 lbs, $10®10.25. 120160 lbs, $9.75 to mostly $10; grassy half fat hogs. 25c or more under quotations; bulk sows. $8.50®.5.75. Cattle—Receipts, 300; calves. 225; practically at standstill, no demand for grass cattle; indications sharply lower for week; load good fed yearlings. $10.75; indications cows and bulls lower; odd head cows up to $7; cutter and common bulls around $6; vealers weak, better grades 59.50®10.50; under grades and heavy vealers, sß®9. Sheep— Receipt*. 700; quality extremely poor; about ,*

New York Stocks I 1 (Bv Thomson A McKinnon) —- —June 12— Railroads— Prev. High. Low. 11:30. Close Atchison 219 218 218 217 I Atl Coast Line 165 Balt & Ohio 108 108% ! Chesa & Ohio 182% 183 Chesa Corp 61 61% Chi Grt West.... 12% 11% 11% 11% Chi N West.... 75% C R I & P 106% 105*. 106*4 105% Del LLA W ....119% 119 119 119% Del A Hudson 165% 165*, Erie 40 39% 39% 40% Erie Ist pfd 63% Great Northern 87 87% Guif Mob A Oil. .. ... 35 34*4 Illinois Central 123% Kan City So 79% 70% Lou A Nash . * 134 Minn S L I*. MK A T 42% 41*4 42% 41% Mo Pacific 78% Mo Pacific pfd 036% N Y Central ...165% 16414 165 185% Nickel Plate 109% 110 NY NH A H 108% Nor Pacific 78% 76*4 76*4 78 Norfolk A West.23o*4 229’, 230% 220% O A W 1114 11 11 11 Pennsylvania .. 741* 74 74 74 Reading 11l 111 So Pacific 116*4 116% 116% 17 Southern Ry 11l 107 St Paul 17*4 15% 16*4 16*4 St Paul pfd 26% 25% 2614 % 8t L A S F 105 104% Union Pacific ..220% 220 220 219 Wabash 40 W Maryland ... 25 24% 24*, 25% West Pacific 21% Eqalpments— Am Car A Fdv.. ... 53% 55 Am Locomotive. ... 55% 55% Am Steel Fd . . .. ... 4040 Am Air Brake S 44% 44 Gen Am Tank .. 99% 99% 9914 99*4 General Elec 73% 72% 72V, 74 Ben Rv Signal.. 86 85*4 85% 88% (ma Loco 28 Man El Sup 12 11% 11% ll N Y Air Brake 41 41% Press Stl Car .. 8% R 8 7% Pullman 70 69 69 % 69’, Westingh Ar B. 40% 40% 40% 40% Westingh E1ec...155*, 152% 152% 156*4

Rubbers— Firestone 2014 Fisk *3 3% Goodrich 35 34% 34% 35 Goodyear 76 75 76 76 Kelly Sprgfid .. <l4 4% 4% 4% Lee Rubber 6 6% U S Rubber .... 2414 24% 24% 25 Motors— Auburn 127 125% 126% 128% Chrysler 31 30% 3014 32 Gardner z l . 314 Graham Paige .... t 7% General Motors.. 45% 44% 44% 45% Hudson 36 35% 36 36% Hupp 1614 16 16 16 Mack 68 68 Vi 67 67 Marroon 14% 14 14% 14% Nash 36% 35% 35% 37 Packard 15 141* 15 15 Pierce-Arrow 25 Reo 9% 9% Studebaker 32 31% 31% 31*4 Yellow Truck 24% 23 23% 23% Motor Access— Bendix Aviation 36 35% 35% 35% Borg Warner.... 34% 34 34 35% Briggs 18% 18% 18% 19 Campbell Wy 21 Eaton 26% 25% 26 26% El Storage 8.... 69 68 68 ... Hayes Body 7% 7*4 HOuda 15% 15 15 15% Motor Wheel.... 26 26% 25% 26% Sparks W 21% 21% 21% 21% Stewart Warner 27 27% Timkin R 011.... 64% 64% 64% 64% Min'ng— Am Metals 37% 37% Am Smelt 67% 67 67 67 ~m Zinc 9% 9 Anaconda Cop.. 55 54% 54% 54% Cal A Hecla 16% 16% 16% 17% Cal A Ariz... 64 62 62 64 Cerro de Pasco 50% 51% Freeport Texas. 45% 45 45 45% Granby Corp.... 29 28% 28% 28% Great Nor Ore... 20% 20% 20% 20% Howe Sound 31% 31% Int Nickel 26*4 25% 25% 26% Inspiration 18% 17% Ksnnecott Cop.. 43% 43% 43% 44% Magma Cop 34% ... Miami Copper 19 20 Nev Cons 18% 18% 18% 18% Texas Gul Sul.. 55% 54 54% 55% U S Smelt 22 20% 22 22%

Oils.— Amerada 25% 25% 25% 25% Am Republic 21% Atl Refining .... 37% 37% 37% 38 Barnsdall 23% 23 V 23% 22% Houston 92% 90 92% 91% Ind .Oil 23% 23 23 9* Indian Refining. 14 13% 13% 14 Lagb OH 23 Mex Sbd 23% 23% 23% 23% Mid Conti 26 25% 26 25% Pan-Amer (B).. 58 51% 58 5714 Pnlllips 33 33% Pr Oil & Gas... 41% 4040 41% Pure Oil 21% 21% Richfield 19 18% 18% 19% Roval Dutch ... 51% 51% 51% ... Shell Un 20 19% 19% 20 Simms Pt ... 22% 21*i Sinclair 25% 25% 25% 25% Skelly 32% 32% Stand of Cal ... 64 63% 64 64'% Stand of N J ... 71% 71% 71% 71% Stand of NY .. 33% 33% 33% 33% Texas Cos 53% 53% Union OH 42% 42% Steels— Am Roll Mils... 64 63% 64 64% Bethelhem 88 87% 87% 87 Byers A M 84% 83% 83% 85% Colo Fuel 59 56 59 68 Cruc Steel 75 74% 75 74% Inland 52 Ludlum 30’,4 29*,4 29% 30% Midland 33 33 Newton 38 38 Renub I & 5.... 51% 50% 50% 51% U S steel 163% 162% 162% 16314 Vanadium 95% 91% 92 93% Youngst 0& W 37% 37% Tobaccos— Am Sumatra 12% 12% Am Tobacco (A) 240 240 Am Tob IB) 245% 242 244 247% Con Cigars 41 % General Cigar 49% Lie & Myers B 95% 97 Lorillard ......l 20% 20% 20% 20% Phil Morris 11 ... , Reynolds Tob... 50% 50% 50% 50% Gen Gas (A) 11% 11% Tob Pr A 10% 10% Tob Pr B 4% United Cig 7% Utilities— Abitlbl 30% Adams Exp 27% 27% 27% 27% Am For Pwr. .. 74% 72% 72% 74% Am Pwr & Li.... 93% 92% 92% 92 A T & T 218 216 217 217% Col Gas &El 74 73% 73% 73% Com & Sou 15% 15% 15% 15% El Pwr &Li 80% 79% 79% 75% Inti TANARUS& T 55% 53% 53% 54% Natl Pwr & Li.. 43 41% 43 42 No Amer C0....113 110% 112 1:1% Pac Gas & El 62% 6344 Pub Ser N J 102*4 101% 102% 10J% So Cal Edison.. 61% 6144 6144 61% Std G & El 106 105 105 102% United Corp 37% 36% 37% 38% Ut Pwr & L A.. 35% 35 35 35% West Union 171 ShJpp’nr— Am Itl Corp 39 38% 39 38% Inti Mer M pfd 2244 20% No Gm Llova 50% United Fruit 83 Foods— Am Sugar ... ... 60 Armour A 5% 5% 5% 5% Beechnut Pkg 534* Cal Pkg 68% ... ; Can Dry .. ... ... 62% Childs Cos 62% 62% 62% 62% Coca Cola 177% 17644 177 178% Cont Baking A.. 24*.< 24% 244* 24% Corn Prod 100 984* 100 98% Cuban Am Sug.. .. ... ... 6% Gen Foods 55 54% 55 56% Grand Union .. 14V 14% 14% 14% Hersey ... ••• 94 Jewel Tea 50% 50 50% oO Krdger 38% 384s 3844 2b/. Nat Biscuit 8544 83% 82% i. Pillsbury SO 30% Safeway St 90% 90 90% 91% Std Brands .... 30% 20% 20% 21 Ward Bkg 9% 9 9 9% Coty fnc 18% 17 17% 19% Lambert Cos .... 87V* 85*4 8544 88% Lehn & Fink 26 26 Industrials— _ ~ Am Radiator ... 28% 27% 28 274a Bush Term 3844 38% Certainteed ® Gen Asphalt ... 5244 525s 52% 5/% Lehigh Port .... 694s 68% 69% 6744 Indus Chems— Allied Chem ....28644 286 286 287 Com Solv 25 24% 24’,s 26 Union Carb .... 77 7514 7544 78 U S Ind Alco 764s 754* Retail Stores— Assoc Dry Gds • , 39 39% Gimbel Bros 14 13% 13% 13% Kreice S S 29% 29% Store.. .. ... 49 48% Mont Ward 40% 4040 40% Penny J C 63% 63% Schulte Ret St.. .. ... 844 8 Sears Roe 78 76 76 77, Wool worth 59 V* 59 59 60 k Amusments— Bruns Balke .. ... 16% 16% Col Graph 21 20% 20% 21% Croslev Radio .. ■■■ „}4 Eastman Kod ..220 216 216 2194* Fox Film A 45% 42% 42/a 45 Grigsby Gru 214s 20% 20% 22% Loews Inc 76 74 76 .8 Param Fam ... 63 61% 61% 64 Radio Corp 41% 40% 40% 41% R-K-O 31% 304* 31% 32% Schubert ... Warner Bros 514 a 494* 49% 50% Miscellaneous— Airway App 24 23% 23% 25 * City Ice & Fu.. .. ... 40% 404a Conffoleum ..... 13 12*2 HVi 13 AmCan m ..V....134 13C% 130% ? 134% Cont Can 58% 58% 58% 58 . Curtiss Wr 74* 7% 744 8 Gillette S R 81% 77% 77% 81% Real Silk 46 44 44 47 U S Leather A.. ■ 18

Legal Notices

NOTICE TO BIDDERS The undersigned publicly posts. from time to time as needed, on the bulletin board of the Board of School Commissioners of the City of Indianapolis Indlnna, at its office, 150 North Meridian street, Indianapolis. Indiana specifications 'or divers supplies for schools, offices. Janitors, domestic science, manual training and office equipment: for paint, printing equipment, paper towels, and toilet paper, for repairs to buildings and equipment, viz: hardware, lumber, plumbing and electrical supplies and bids will be received by the undersigned for the sale to said Board for such supoiies and materials-* until the respective dates named in said specifications. BOARD OF SCHOOL COMMISSIONERS ‘OP THE CITY OF^nroiANAPOLIS. Business Director, Indiana poUs, Indiana, June H, M3O.

.JUNE 12,1930

ATTACK TO BE > MADE ON WILL Relatives to Ask Share in Brooks Estate. Petition of relatives to have the will of Bartholomew D. Brooks, wealthy Indiana business man who died two weeks ago, declared illegal, will *be filed in probate court late today, according to Salem D. Clark, attorney. Mrs. Frances Winters, 807 North Riley avenue, brought the case into prominence following Brooks' death by seeking to have herself named administratrix on ground that she was Brooks’ common-law wife. Probate Judge Mahlon E. Bash refused to grant the request. A short time later attorneys produced a document said to be Brooks’ will, in which Mrs. Winters was bequeathed a small amount of the $175,000 estate as “a friend.” Petition to have the will declared illegal will be filed by surviving relatives given no share in the estate. Defendants will be relatives named in the supposed will, Clark said. NEW YORK COFFEE RANGE —June 11High. Low. Close. March 7.32 July 7.90 7.89 7.89 September 7.70 December 7.47 7.45 7.47

Leical M otices NOTICE OF EXECUTOR S SALE IN THE MATTER OF THE ESTATE OF FRED W. WEBER. DECEASED. NO. 86-29503. MARION PROBATE COURT. SALE OF BUSINESS. Notice is hereby given that pursuant to an order of the Probate Court of Marion County, heretofore entered in the above entitled estate. Harry E. Yockev. executor of said estate, will offer at private sale, to the highest bidder for cash or for one-third (1-3) cash and the balance by negotiable notes and (on other approved security, over a period not to exceed one year from date of sale, on the premises known as 115 South Capitol Avenue, Indianapolis. Indiana, at 10 o'clock a. m.. on tne 14th day of June, 1930, all of the goods, wares, merchandise, fixtures ana assets of said business known as Pioneer Distributing Company, as shown by an inventory and appraisement of said personal properly heretofore made and filed in said cause. Such sale shall be subject to the approval of the court. HARRY E. YOCKEY. Executor, NOTICE TO TAXPAYERS Notice Is hereby given to taxpayers of the City of Indianapolis that the Common Council of the City of Indianapolis row has pending before it Appropiintton 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, 1830, as amended. The above described ordinance is due to come up for passage at che 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 of petition therefore with the Marion County Auditor not later than ten days after said additional appropriation has been made by said Common Council and the Btate 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 June. 1930. [Seal] HENRY O. GOETT. City Clerk. NOTICE TO BIDDERS Bids will be received by the Board of Trustees at their office at the Central State Hospital, Indianapolis, Indiana, until 9 o'clock a. m. Friday. June 27th, 1930, for the installation of electrical work for the Central State Hospital, Indianapolis, Indiana. Drawings and specifications will be on file on and after Wednesday, June 11, 1930, at the office of the said institution, and Bevington-WlUiams, Inc., engineers, and release will be made to bidders on and after said date from the office of said engineers in Indianapolis. Proposals shall be made according to the form attached to the specifications and each shall be delivered In a sealed envelope addressed to the president of the Board of Trustees, marked “Proposal," and bearing the title of the work and name of the bidder. Each bidder shall properly execute Form No. 96-A and shall file said form with his proposal. Each proposal must be accompanied by a certified check payable to the Board of Trustees in a sum equal to five per cent (5 per cent) of the amount of the proposal. in accordance with conditions included in the proposal form, which check shall be forfeited in case of failure of any bidder to enter into contract and furnish a satisfactory bond in amount equal to the contract price within eight (8) days after notification of the acceptance ;f his proposal. The Board of Trustees is not obligated to accept the lowest or any other bid. submitted and reserves the right to reject any or all proposals, to waive informalities in any proposal if it shall be. in the opinion oi the board, to the Interest of the state of Indiana so to do. and to defer acceptance or rejection for a period n’t to exceed twelve (12 1 days. BY ORDER OF THE BOARD OF TRUSTEES; NOTICE GENERAL ORDER NO. 3. 1930. . Passed by the Board of Park Commiasioners of the City of Indianapolis. Indiana. Office of the Board. Citv Hall. Under and by virtue of the authority granted bv the Acts of 1920. of the General Assembly of the State of Indiana. Chapter 32. at pages 105 to 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. 1930. the Board of Park Commissioners of the Citv of Indianapolis, at its regular meeting on the 29th day cf May. 1930. does hereby make me following general order: GENERAL ORDER NO. 3. 1930. BE IT RESOLVED, bv the Board of Park Commissioners of the City of Indianapolis. that it is considered necessary bv the Board, in order to promote public health, safety, morals and general welfare, that the locating c- establishing of any cemetery of any nature or aeserlptlon whatsoever, after this 29th aay of May. 1930. upon or within five i.undred (500i feet of any park, p-rkwav or boulevard under the control of the Boaid of Park Commissioners of the City rt Indianapolis, either within the corporate limits of said City, or beyond said .imu. and within the area wherein said Board is granted jurisdiction by the statutes of the State of Indiana, shall be and is hereby specified and declared to be Injurious to the public health, safety, morals and general welfare, and IT IS THEREFORE HEREBY ORDERED by the Board of Park Commissionerff of the Citv of Indianapolis, that hereafter no cemetery of any nature or description whatsoever shall be permitted to locate or establish upon or within five hundred (500) feet of any park. Parlcwav or boulevard under the control of the Board of Park Commissioners of the City or Indianapolis, either within the corporate limits of said City, or beyond uldlmlta and within the area wherein said Board Is granted jurisdiction by the statutes of the State of Indiana. ADOLPH G. EMHARDT. JACKIEL W. JOSEPH. PAUL E. RATHERT. board G of I park C commissioners CITY OF INDIANAPOLIS. NOTICE GENERAL ORDER NO. 2. 1930. Passed by the Board of Park Commissioners of the City of Indianapolis. Indiana. Office of the Board. City Hall. Under and by virtue of the autbor.tt granted by the Acts of 1920. of the General Assembly of the 8%,, 0f ,n7 n< K^ n n*n Chapter 32. at pages 105 and 107 being an act authorizing the Board of Park Commissioners m cities of the first class to make genera! orders, etc., and approved July 27. 1920. the Board of Park Commissioners of the City of Indianapolis at its regular meeting cn the 29th day of May. 1930. does hereby make the following genera) order: GENERAL ORDER NO. 2. 1930 BE IT RESOLVED, by the Board Os Park Commissioners of the City of Indianapolis. 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 ln ceme;eries outside the limits of the City of Indianapolis which are now established, 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 Is 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 f raves located, nor anv building or strucure of any kind be erected or allowed in cemeteries outside the limits of th* City of Indianapolis which are now established or which may hereafter oe legally established, within five hundred <560) feet of any park, parkway or boulevard under the jurisdiction of the Board of Park Commissioners of the City of Indianapolis and said Board hereby orders all such structures and graves abated, abolished and permanent- *’ Mramw JACKIZL W JOSEPH PAUL^E^RATHSBT