Indianapolis Times, Volume 42, Number 29, Indianapolis, Marion County, 13 June 1930 — Page 26
PAGE 26
SMALL DEMAND LOWERS WtIEAT IN DULLTRADE Belief Held That Market Is Oversold: Reaction Expected. Bu United Press CHICAGO, June 13.—Wheat was unevenly lower as the Board of Trade opened today. Early reports of rain were received from Canada, but the extent and quantity were not known. Liverpool was weak from pressure to sell w’lnter wheat on an apathetic market Selling: was moderate with little buying power early. Corn eased slightly and oats was about steady. At the opening wheat was unchange to ~k cent lower; corn was to % cent lower, and oats w r as unchanged to % cent lower. Provisions were steady. Liverpool opened about as expected, but declined rapidly and at midafternoon was % to % cent off. Continued weakness in the New York stock market and the drastic decline in cotton, combined with the low rye prices and unfavorable economic reports, tends to have considerable influence on local sentiment, already decidedly bearish. Some operators believe the market has become oversold as a result of the 6% cents drop from last week, but nothing more than a techniaal reaction is looked for. The decline in wheat and the break in barley caused the corn market to weaken. The good cash demand sustains prices, but the favorable progress of the new crop and the large stores of other food grains here and in Canada are resulting in a slow decline. Domestic and Canadian weakness has upset oats prices, with considerable liquidation in July adding to the pressure. The cash demand remains fairly good for the present. B)l Timm Sperial CHICAGO. June 12.—Primary receipts: Wheat. 615.000. against 862.000: corn. 735.000 against 450.000: oats. 304.000. against 234.000. Shipments: Wheat. 450.000. j against 613,000: corn, 1.197.000. against 504.C00; oats. 504.000, against 156.000. Bu t'nitrrl Press CHICAGO. June 12—Cash grain close: Wiv-a.—No 2 hard. $1.02. Corn—No. 2 mixed. 79%®80c; No. 3 mixed. 7979%c; No. 1 yellow. 80%®80 3 /*c: No 2 yellow. 800 80'ac: No. 3 yellow. 79)*® 79%c; No. 4 yellow. 79@79%c: No. 5 yellow. 78%c: No. 6 ve'.tow. 77c; No. 2 white. 83@83%c: No. 3 white. 82c: No. 4 white. 81c: sample grade, 65@70c. Oats—No. 2 white. 39%@39%c: No. 3 wjiite. 38%@38%c; No. 4 white. 37%c. None. Bariev—Sl'S 58c. Timothy—s6.7s(llß.2J. Clover—s9,soo.l7. Hr T’nitrrl Prrss TOLEDO. June 12 -Grain close: Wheat —No. 2 red. $106<1; 107. Corn—No. 3 yellow. 844/ 85c. Oats—No. 2 white. 44®46c. Rye—No. 2. 81c. Bariev—No. 2. eOc. Clover—Domestic cash, new. sll 80. prime choice. sl2: October. $12.60: December. $12.80. Alsike—Cash. sll. Butter—Fancy creamerv. 38*, 37c. Eggs—Country run. 20 <S22c. Hav—Timothy. $1.25 cwt.
Local Wagon Wheat
City grain elevators are paving 91c foi wo. 2 red wheat and 81c for No. 2 hare
JJ e Commonwealth Loan Cos.
Cities Service Securities HENRY L. DOHERTY & CO. 1607 Merchants Bank Bldg. Phone LI. 7566-7567
Week-End Excursion Rates Every Saturday and Sunday Very Attractive Mes Leave Your Car at Home The Electric Railways WILL SAVE YOU MONEY, TIME AND TROUBLE T.H.I.&E. Traction Cos. if
I J k'a~!£ know! ■ . ACROSS THrJi OVED I I El f ACCOUNT " HOTEL BLDG. I I i ,L Hon >- bldg. fg|
In the Stock Market
ißv Thomson Sc McKinnon i NEW YORK. June 13.—Little surprise is contained in the drop in brokers’ loans. Considering the severity of the decline in stock prices it was expected in some quarters to be greater. No change is noticeable in the character of business news. The unfortunate commodity situations is again aggravated by weakness in prices, particularly cotton, which has dropped to new low levels for the season. The copper situation also is disappointing in view of the unexpected reduction in metal prices. The dispute over the tariff bill seems now to be ended. The senate is ready to vote today and the measure will be in the hands of the President Saturday. Apparently the bill is destined to be lawr. Right or wrong, the decision will give business an opportunity to know where it stands on that score. I Even the opponents of the bill who j are voting in favor of it admit the removal of the uncertainty therefrom, is almost as important as the tariff. At least in the enactment, we r.re assured the subject will not be revived at the next session. As to the stock market, we find many securities now are selling at very attractive yields in the case of comnanies wh’ch are seasoned against a period of unsatisfactory business. Investment possibilities, we believe, o rv.te promising.
Banks and Exchange
INDIANAPOLIS STATEMENT Indianapolis hank clearings Thursday. June 12. $4,365,000: debits. $8,723,000. CHICAGO STATEMENT Jtir T’nitrrl Press CHICAGO. June 12.—Bank clearings, $98,400,000; balances. $4,900,000. NEW YORK STATEMENT Bu United Press _ , NEW YORK. June 12.—Bank clearings. $1 236.000.000: clearing house ba.ance 3174.000.000: federal reserve bank credit balance. $158,000,000. TREASURY STATEMENT Bu T'nitrrl Prrss WASHINGTON. June 12.—The treasury net balance on June 10. was $59 399.842 74. customs receiDts for the month to that date totaled 514.228.0C2.33: government expenditures on June 10, $18,905,467.00.
New York Bank Stocks
Bid. Asked. America Jl® *1? Bank of United States 52 53 Bankers 141 Brooklyn Trust 740 753 Central Hanover 369 372 Chase National 148 150 Chatham Phoenix Natl. .. 124 126 Chemtcal 5 66% City National 165 168 Corn Exchange 188 191 Commercial 485 495 Continental 31 33 Empire _ 84 87 First National ®'?29 Guaranty 685 690 Irving s** 5 4 72 Manhattan Sc Cos 117 119 Manufacturers 10?% llj% New York Trust 261 260 Public 113 114% Chelsea 43 47
Other Livestock
Bu United Press FT. WAYNE. Ind.. June 12.—Receipts— Calves. 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, $8.25: stags. $6; calves. $10; spring lambs, $10: yearling lambs. $7.50.
STEEL SHARES AGAIN LEAD IN STOCKUPTURN Industrials, Utilities Show Firmer Trend; Oils Move Up.
Average Stock Prices
Average of thirty Industrials for Thursday was 247.18. off 1.90. Average of twenty rails was 135.13. off .75. Average of twenty utilities was 91.22. off .43. Average of forty bonds was 95.26. off .10. Bn T'nitrrl Press NEW YORK, June 12.—Uncertain movements continued on the Stock Exchange today. Trading volume shrunk to around the lightest ot the year and several swings back and forth occurred in the morning. Around noon, prices were moving forward, apparently with ease as leading industrials displayed a firmer tone. United States Steel was again the outstanding leader. Around noon, it was at 165, up 2 points from the previous close. Utilities Rally American Can was up 2 to 134; Westinghouse Electric, 114 to 15314, and Bethlehem Steel, 1 at 89. Utilities went through a severe sinking spell but came back with the industrials. Oils also firmed up under the leadership of Standard of New Jersey. Rails, however, failed to recover. Amusements, steels and special issues showed a firmer tone. J. I. case was up 5 at 215 and other highpriced issues made fair gains. Call Money Off Motor shares which were under pressure in the early trading came back slightly, but most of them held just under the previous close, several at new lows for the year. American Telephone and International Telephone both made new 1930 lows, but rallied from these points, in the late morning. Call money renewed at 2Vi per cent, the lowest renewal since March 20.
Net Changes
Bu United Press NEW YORK, June 12.—Closing prices and net changes on principal stocks traded on the New York Stock Exchange today were as follows : Up. Off. American Can 132 ... 2Vi Amer Sc Foreign Fower 73% ... 1 Amer Telephone 216 ... IV4 Bethlehem 88 1 Byers 83% ... 1% Consolidated Gas 120’/* ... % Erie 39Vs ... 1% General Electric 73% ... % General Motors 44% ... % Gillette 78Vs ... 3 International Telephone .. 54 ... % Montgomery Ward 40% Vs ... Packard (unchanged) .... 15 Penna 7478 % ... Radio Corporation 41 ... % Radio Keith 31% ... % Sinclair 25% ... % Standard of N. J 71 ... % United Corp 37% ... 1% U. S. Steel 163 ... % Westinghouse Electric 152 ... 4 % New York Liberty Bonds —June 12— 3Vis 100.27 Ist 4 */*s 101.30 4th 4Vis 102.17 Treasury 4Vis 113.20 4s 108.27 3%s 116.12 3%S of *47 101.12 Canadian National Railways guaranteed gold bonds, twenty-five years, 4% per cent, amounting to $50,000,000 have been sold to a syndicate headed by Chase Securities Corporation, New York.
THE INDIANAPOLIS TIMES
Investment Trusts
(By James T. Hamill Sc Cos.) —June 12— . , Bid. Ask. Basic Industry Shares 8% #% Corporate Trust Shares Bs,8 s , 9% Diversified Trust Shares A... 23% ... Diversified Trust Shares 8... 19’2 20Vi Diversified Trust Shares C.... 8% §■' Nation-Wide Sec 9% % Fixed Trust Shares A 20* ... Investment Trust of New York 10 11 Leaders of Industry 7% 12,. North American Trust Shares 95, S J * Standard Oil Trust Shares.... 9% 10% S W Strauss Inv Units 52 58 Selected Amer Shares 7*. a 8-2 Trustee Standard Oil Shares B 10 10% U S Elec Sc Power Shares A.. 30*i 31% U S Elec Sc Power Shares 8... 11 11%
In the Cotton Markets
(By Thomson Sc McKinnon) NEW YORK, June 12.—Cables were only fractionally lower this morning. The unsettling feature was an estimate by the exchange statistician that May consumption of cotton had reached only 481,000 bales as against an actual consumption last year of 660,000. No further comment on trade conditions is necessary. The nights are too cool in the south, but the weather, while threatening, remains fairly good otherwise. On its technical situation cotton would act better if other markets set it a better example. July was the weakest contract. Undoubtedly many traders have expected the farm board to do something spectacular with that month. Now that the market is down there are some who believe the tenders in that month will exceed the co-operatives takings. Further liquidation in July during the early afternoon marked the price down 80 points below last night’s close. Other months were about 25 lower. The market lacks buyers except those who are taking profits on sales already made. NEW ORLEANS High. Low. Close. January 13.83 13.65 13.83 March 14.07 13.88 14.04 May 14.12 July 14.63 13.90 14.30 October 13.76 13.52 13.31 December 13.90 13.62 13.85 NEW YORK High. Low. Close. January 14.i0 13.90 14.08 March 14.09 13.85 14.04 Mcv 14.70 14.00 14.18 July 14.98 14.21 14.68 October 14.08 13.77 13.95 December 14.15 13.90 14.11 CHICAGO High. Low. Close. July 14.70 14X5 14.36 October 13.84 13.60 13.82 December 13.97 13.71 13.95
Cash Grain
—June 12— The bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b.. shipping point, basis 41 Vic New York rate, were: Wheat—Easy; No. 2 red. 97®99c; No. 2 hard. S3®96c. Corn —Firm; No. 2 white. 78079 c: No. 3 white, 77@78c; No. 2 yellow. 74®75c: No. 3 yellow. 73@74c; No. 2 mixed. 72@73c; No. 3 mixed. 71@72e. Oats—Easy: No. 2 white. 37@38c; No. 3 white. 36(<i37c. Hav (f. o. b. country points taking 23'ic or less rates to Cincinnati or Louisville)—Steady; No. 1 timothy. sl4: No. 2 timothy. sl3; No. 3 timothy. $11.50: No. 1 light clover mixed. $12.50: No. 1 clover mixed, $11.50; No. 1 clover hay. $lO. —lnspections Wheat—No. 3 red. 1 car: No. 2 hard. 3 cars: sample. 1 car. Total. 5 cars. Corn—No 1 white. 7 cars: No. 5 white. 2 cars: sample white, 1 car; No. 1 yellow, 22 cars: No. 2 yellow. 26 cars; No. 3 yellow. 7 cars; No. 4 yellow. 1 car: No. 5 yellow. 1 car; sample yellow, 1 car. Total, 68 cars. Oats —No. 2 white. 10 cars: No. 3 white, 2 cars: No. 4 v/hite. 4 cars. Total. 16 cars. Chicago Grain Table —June 13— Prev. WHEAT— High. Low. 11:00. Close. July , 1.03% 1.02*i 103 1.02'/ a Sept 1.06 1.05% 1.03 1.03 Dec. '. 1.11 1.10% 1.10% 1.10% CORN— July 80% .79% .80% .79% Sept 80% .80'/* .80% .80% Dec 74% .74% .74% .74% OATS— July 38% .38’% .33% .38% Sept 38% .38% .38% .38% Dec 41% .41 Va .41% .41% RYE— July 57 .55% .56% ,57V* Sept 61% .61% .61V* .61% Dec 66% .66’% .66% .67% LARD— July 10.00 9.92 Sept 10.15 10.12 B-u Times Special ” CHICAGO. June 13.—Carlots: Wheat. 14; corn. 177: oats. 39; rve, 1. and barlev. 3.
Business —and — Finance
The regular semi-annual dividend of $3 a share was declared on the stock of the Bankers Trust Company by the directors in their June meeting held Thursday. The dividend is payable June 30 to holders of record on June 14. Illinois Water Service Company, a subsidiary of Federal Water Service Corporation. reports gross revenues of $644,585 for the year ended April 30. 1930, as compared with $603,728 for the preceding twelve months. Operating expenses, maintenance and taxes, other than federal income tax. totaled $337,690, as against $315,247. Gross income amounted to $308,895, which compares with $288,480 for the year ended April 30, 1929. Directors of the American Maize products Company Thursday declared regular quarterly dividends of 50 cents a share on the common stock and 1% per cent on the preferred stock, payable June 30 to stockholders of record June 14. F. Sz W. Grand 5-10-25 Cent Stores. Inc.. for May reports gross sales of $1,839,861 against $1,687,557 for May. 1929. an increase of $152,283 or 9 per cent. For the five months ended Mav 31 .1930. sales five months ended Mav 31. 1920, an increase of $740,868 or 10.2 per cent. The International Telephone and Telegraph Corporation reports that cable and radio messages sent abroad last year cost Americans $36,000,000. according to The Business Week. Approximately 90 per cent of these calls are for business purposes. Western Union claims to handle 44 per cent of the present daily average of 51.000 trans-Atlantic messages. Other companies handle another 43 per cent. Zvtho Silver and Bros. Company. Inc., for May reports gross sales of $715,160 against $566,427 for May, 1929, an increase of $148,741 or 26.2 per cent. For the five months ended May 31. 1930, sales totaled $3,100,290 against $2,553,912, an increase of $54G,3?7 or 21.3 per cent. Directors of The Perfect Circle Company have declared the regular quarterly dividend of 50 cents a share on the common stock, payable July 1, to stockholders of record June 20. Directors of Mock. Judson. Voebringer Company. Inc., have declared the regular Quarterly dividend on the preferred stock of $1.75 per share, payable July 1. to stockholders of record June 15.
James T. Hamill & Company BROKERS Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb 203 Continental Bank Bldg. Tel., Blley 549S—RHey 5494 mm** P"* 111 '.i 11 ‘-".Jim
Produce Markets
Eggs (Country Run I —Loss off dellverd in Indianapolis. 19c; hensry Quality. No. 1. 21c; No. 2. 16c. Poultry 1 buying prices—Hens, weighing 4’ 2 lbs. or over. 18c: under 4% lbs.. 20c: Leghorn hens. 16c: springers. 2% lbs. or over. 27c: under 2’: lbs.. 25c; Leghorn springers. 18® 19c: old cocks. 9® 10c: ducks. I full feathered, fat whites. 9c; geese. 6c. i These prices are for No. 1 top Quality quoted bv Kingan Sc Cos. Butter (wholesale)—No. 1. 35®36c: No. 2. 33® 34c. Butterfat—3lc. Cheese (vholesale selling price per pound!—American loaf. 31c; pimento loaf. 32c: Wisconsin firsts. 27c: Lognhorns. 34c; New York Limberger, 36c. Bn United Press NEW YORK. June 13.—Flour—Dull and lower: spring patents. 55.60®6. PorkQuiet: mess. $32. Lard—Weaker: middle west spot. $10.30® 10.40. Tallow—Quiet; special to extra. 5%@5%c. Potatoes— Steady; Southern. $2.50®7; Maine, s2® 4.25. Bn l’nited Press CHICAGO. June 13.—Eggs Market, steady: receipts. 25.799 cases; extra firsts. 22%c; firsts. 22c; current receipts, JO 1 /® 21c: seconds. 18c. Butter—Market, steady: receipts. 17.298 tubs: extras, 31 Vic; extra firsts, 29#30c: firsts. 28@28%c: seconds. 30c; standards. 31 %c. Poultry—Market, Steady to weak; receipts. 2 cars; fowls. 20c; springers. 28c: Leghorns. 15c; ducks. 13c; geese. 12c: turkeys. 18c: roosters, 13 %c: broilers. 22c. Cheese—Twins. 16%@17c; young Americas. 18c. Potatoes—On track, 306: arrivals. 66; shipments. 1,142; market, weak: southern sacked Bliss Triumphs. $3.5003.75: North Carolina, bbls., Irish Cobblers. $5. Bn United Press CLEVELAND. June 12.—Butter—Extras, 35%c: extra firsts. 35%c. Eggs—Extras. 23c: firsts, 22c. Poultry—Fowls, 23® 24c; medium. 23®24c: Leghorn. 15@20c: heavy broilers. 28®26c: Leghorn broilers. 18® 23c: ducks. 15®22c: old cocks. 12@14c; geese. 10® 15c. Potatoes —Maine green mt.. $4.25 per 150-lb. sack: Idaho Russet. $4.15 04.25 per 100-lb. sack. Bn United Press CINCINNATI. 0., June 12.—Butter Steady; creamery in tub lots according to score. 29@;32c; 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%c. 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.. 32c; broilers, over 1% lbs.. 27c: I*4 lbs. and over. 24c; Leghorn and Orpington broilers, over IV2 lbs.. 22%c; I*4 lbs. and over, 20c; broilers, partly feathered, 18@20c; black springers, 20c.
Dow-Jones Summary
General Water Works and Electric for four months ended April 30. 1930. reports net after expenses $1,244,077 before depreciation taxes, etc., against $1,202,744 In same period a year ago. Twelve months $4,168,585 against $4,054,693. American Brown Boveri Electric declared regular quarterly dividend of $1.75 on preferred, payable July 1, record June 20. Bank of United States declared regular quarterly dividend of 50 cents, payable July 1. record June 18. Bankus Corporation passes dividend which was 50 cents in three months and $1 previous thereto. Places units of stock on $2 annual basis against $4 three months ago and $6 six months ago. Daily average volume of federal reserve bank credit outstanding in week ended June 11, was $994,000,000 decrease of $41,000,000 from previous week and $294,000,000 below same week of 1929. Bank of Poland reduced its discount rate to 6*/z per cent from 7 per cent. German steel makers have voted reductions for semi-finished iron and steel products ranging from 4 to 7 marks a ton or about 2.7 per cent to 3.3 per cent. International Telephone and Telegraph Corporation and associated companies for first quarter earned 57 cents a share minimum, 5,871.821 shares, against 38 cents a share on equivalent of 5,001,386 present shares In like 1929 quarter. Regular dividend declared. Four mills of America. Inc., declared regular quarterly dividends of $2 on preferred. payable July 1, record June 14. Liverpool cotton market closed today and Saturday. Whitsuntide holidays. Reopen Monday. Mortgage Bond Company declared regular quarterly dividend of $2. payable June 28. leeord June 20. Copper Exporters. Inc., reduced price of copper to 13 cents a pound irom 13.30 cents c. i. f. European base ports. Notice received by stock exchange from Virginia Electric and Power Company authorized 3,500.000 common shares of nopar value and 260,000 shares $6 perierred stock of no-par value. Each present share of 7 per cent preferred stock to be exchanged for 1 1-16 shares of $6 //referred. Each share of $6 preferred to be exchanged for one share of $6 no-par preferred. Each share of common to be exchanged for five shares of new common stock. General refractories notified stock exchange of proposed increase in authorized capital stock to 600,000 shares from 300,000 shares. Electric Power and Light stockholders to vote at special meeting June. 24, on proposal to increase authorized number of shares to 7,020,000 from 4,020,000. New authorized amount to comprise 800,000 shares of $7 preferred. 1,000,000 shares S6 preferred 1,000,000 shares $5 pre.ferred, 120,000 shares second preferred, 1,000,000 shares preferred. 120.000 shares second preferred stock series A, 100,000 shares second preferred scries AA and 4,000,090 shares of common. O. P. Van Sweringen elected director and chairman of board of various subsidiary lines of Missouri Pacific system. Merck & Cos. elects Walter E. Sachs of Goldman Sacs Sc Cos., a director, in place of Wadaill Catchings assigned. Craman & Cos. and subsidiaries quarter ended March 31. net profit $68,564 after charges and taxes against $94,101 in first quarter of 1929. Production of pneumatic casings in United States in April 6,024,045 against 5,187,9*0 month ago and 7.883.805 in April, 1929, according to Rubber Manufacturers’ Association. Shipments in April 5,429,096 against 5,031,820 in March and 7,294,372 in April, 1929. Inventory at end of April 13,948,277 against 13,408,970 previous month and 16,929,077 same time last year. Purchase of German reparation bonds by National banks. Federal Reserve banks and member banks of reserve system would be prohibited under a joint resolution introduced in the house bv Chairman McFadden of banking and currency committee. London New York cables opened at 4.85% against 4.85 27-32. Paris checks 123.81, Amsterdam 12.082, Italy 92.775, Berlin 20.362. North American Car Corporation declared regular quarterly dividends of 62% cents on common and $1.50 on preferred, both payable July I,* record June 22. Brokers’ loans decrease $103,000,000 in week to $3,998,060,000. Federal reserve system ratio at 83 per cent against 82.2 per cent week ago and 75.2 per cent year ago. New York ratio 85.7 per cent against 81.8 per cent and 80.3 per cent respectively. No announcement on rediscount rate which remains at 3 per cent. New York Curb Market June 13— 11:30! 11:30 Am Com Pwr.. 25% Midwest Ut 30 Am Gas & E1..127 iMo-Kan Pipe... 36% Am Lt Sc Tr... 63 National 1nv.... 16% Ark Gas .... 10'sNia Hud Pwr... 18% Brazil P & L.. 44 3 * Niles 30% Can Marc 5%!0hi0 Oil 74 Cities Service.. 29% Pantepec 2% Cons Gas 121% Penroad 12% Cord 7%Prince Sc Whtly 11’* Crocker & Wh. 19% Salt Creek 11% Durant Mot 3%’Sel Indus 7*i Elec Bond Sh.. 91%’Shenandoah ... 10% Ford of Can... 34 Std of Ind 50% Ford of Eng 15% Std of Ky 33% Ford of France. II Stutz 2 I Fox Theater 9% Transamerica .. 33** I Goldman Sachs. 26 Un Gas 32 Gulf Oil 136 Un Gas (new).. 18% Humble Oil .... 90% Un Lt Sc Pwr.. 43 Int Super 38% Un Verde 10% Int Pete 20 lU6 Pwr 19 % I Marine Mid ... 34% Vacuum Oil .... 85 Chicago Stocks Opening ißy James T. Hammlll i —June 13— Auburn Mtrs ..122 Insull Common. 60% Borg Warner.. 34% Insull Utility pld 93% A M Castle 43'a In Ut 6s. I*4o. 102 Cent Pub Sec A 35%iLibbv McNeal... 14% Chicago C pfd. 40%iManhattan D... 41 Cities Service. 29%.Midland United 27 Constr Mat Com 16% Mtdrtleren Util 30% Constr Mst pfd 59% Mo Km Pipe.. 36% Cord Corp 7'* Spa- ft NobUt .. 49 }
PORKERS RANGE SLIGHTLY DOWN AT CITYYARDS Cattle Unchanged at 'Week’s Severe Decline; Hold Steady. June Bulk Top Receipts 6. $10.35® 10.45 $10.50 7.000 7. 10.35® 10.45 10.50 3,000 9. 10.45® 10.55 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 13. 10.30510.35 10.35 6.500 A weaker tendency swayed prices in hogs at the city stockyards this morning, the trend ranging from steady to 5 cents lower. The bulk, 16D to 300 pounds, sold for $10.30 to $10.35, $10,35 representing the top figure. Receipts were estimated at 6,500, holdovers were 289. Cattle were steady at the week’s severe decline, receipts were 500. Veals held unchanged with good and choice lightweights selling at $10.50 to sll. Calves receipts were 700. Sheep were strong, receipts numbering 600. Better grade lambs brought sll to $11.50. Chicago hog receipts were 11,000, including 3,500 direct. Holdovers were 6,000. Today’s market was 10 to 15 cents higher than Thursday’s average. Choice 150 to 240-pound weights went at $10.15 to $10.25; 300 pounders $10; packing sows, $9.25 to $9.40. Cattle receipts were 1,500; sheep, 5,000. —Hogs— Receipts, 6,500; market, lower. Heavies. 800 lbs. up $ [email protected] 250-300 lbs [email protected] Med. wts.. 225-250 lbs [email protected] 200-225 lbs [email protected] Light wts.. 160-200 lbs 10.30®10.35 130-160 lbs 9.75 @10.25 90-130 lbs 8.75® 9.50 Packing sows 8.25@ 9.25 -CattleReceipts. 500: market, steady. Beef steers. 1.100-1,500 lbs. good and hcoice $10.50012.75 Common and medium 7.50® 10.50 Beef steers. 1.100 lbs. down. good and choice [email protected] Cmmon and medium [email protected] Heifers. 850 lbs. down, good „ and choice [email protected] 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 [email protected] Common and medium 6.50® 8.75 —Vcalers— Receipts, 700; market, steady. Medium and choice $ §!?2@ri-?2 Cuil and common 4.00® 8.00 —Sheep— Receipts. 600; market, steady. Lambs, good and choice $10.50011.50 Common and medium [email protected] Ewes, medium to choice .... 3.25® 4.25 Cull and common l.aO® 3.50 Other Livestock Bn United Press CHICAGO. June 13.—Hogs—Receipts, 11 000, including 3,500 direct; mostly 10@ 20c higher than Thursday's average; a shippers and smal packers market; hogs mostly sold; top, $10.30 paid for several loads 170-210 lb. weights; butchers, medium to choice, 250-350 lbs., $9.75® 10.20; 200-250 lbs., $9.90® 10.30; 160-200 lbs.. $9.90 @10.30: 130-160 lbs.. $9.60® 10.30; packing sows. $8.90® 9.60; pigs, medium to choice, 90-130 lbs., s9@lo. Cattle —Receipts. 1,500; calves, 1,000; market, slow, steady with week's ueven and sharp downturn; most fed steers today [email protected]; no strictly choice offerings here; slaughter classes, steers, good and choice, 1,300-1,500 lbs., [email protected]; 1,100-1,300 lbs. $10.75013: 950-1.100 lbs., $10.50@13; common and medium. PSO lbs. up. $7.50® 11.25; fed yearlings, good and choice, 750-950 lbs., $0.50012.75; heifers, good and choice, 850 lbs. down, [email protected]; common and medium, [email protected]; cows good and choice, [email protected]; common and medium, $5.25® 7.25; low cutter and cutter, [email protected]; bulls, good and choice beef. $7.40@9; cutter to medium, [email protected]; vealers, cull and common. s7@9; stockers and feeders, steers, good and choice, ali weights, $9.75 fa 10.75; common and medium. $7.25 @9.25. Sheep—Receipts 5,000; market, strong to 25c higher; sorted natives, sl2; few $i1.50 down; tiinished 95 lb. yearlings. $10; fat ewes, mostly s3® 3.25. a few $3.50. 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, [email protected]; cull and common, $1 @2.75. Bu United Press CLEVELAND, June 13.—Hogs—Receipts, 1,100; holdovers, none; pigs, 15c higner; 150-210 lbs.. $10.65® 10.75; 220-250 lbs., $10.55; 250-300 lbs.. $10.40; pigs, $10.20. Cattle—Receipts, 150; outlet for numerous loads low grade steers in holdover supply, extremely narrow; few. s6@7; cows about steady; low cutters, downward to $4 and under; calves, receipts, 350; vlears, 50c lower; weighty grass calves, \e v y < •' off form; most vealers. $11.50 down; few, sl2; medium, slo.oo down. -nee*. ceipts, 500; little on sale; few iamo„ quoted steady; quality considered. Bn United Press PITTSBURGH, June 13.—Hogs—Receipts, 1,500; market, uneven, strong to 10c higner; pigs, 25c lower; 150-210 lbs., slU.nl@ 10.75; 220-250 lbs.. [email protected]; 100-140 lbs., $10010.25; sows, $8.6008.(5. Cattle —Receipts, 25; market, unchanae • ca r ’ receipts, 100; market slow, steady; top vealers. $11.50. u aee f —necu.pt-, , in- - ket weak to 50c lower; bulk lambs, slo® 11; sorted kinds, quoted, $11.50; yearlings, [email protected]; aged wethers, s4@s. Bn United Press EAST BUFFALO. June 13.—Hogs—Receipts. 2,00; holdovers. 700; steady on 150 lbs. up; light lights and pigs, strong to 25c higher; desirable, 160-250 lbs., mostly $10.75; 230-300 lbs., $10.50®,r0.65; 120-159 lbs., [email protected]; pigs, mostly slo.at); cows, steaay at mostly [email protected]. Cattle— Receipts, 300; slow, weak to mostly 25c lower, some cows of more; a few common and medium yearlings, $9.75: best cows, $6.50 0 7.50; cutter grades, $3.50 06; calves, leceipts, 750; steady; good to choice vealers, $11.50012; mecium and plainer grades, $8.50® 1C.50. Sheep—Receipts, 1,200; good -to choice handyweight lambs and yearlings, steady; plainer grades and ewes, unevenly lower; better grades handyweight lambs, $12012.50; good yearlings, $10; most ewes, $4 down. Bn United Press EAST ST. LOUIS. 111.. June 13.—Hogs— Receipts. 10,000; market strong to ac higher: later trade slow; bulk 160-250 lbs.. [email protected]; top. $10.30; most sows, $9®.9.15. Cattle—Receipts. 800. Calves —Receipts, 600; market, trading on cleanup basis at around steady prices; vealers. $10.50; not enough other classes to warrant quoting. Sheep—Receipts, 1,000; market, steady; bulk, better lambs. $11: medium grades, s9@lo; clipped ewes, $1 down. / B’t United Press TOLEDO, June 12.—Hogs—Receipts, 350: market, strong to 10c higner: heavies. $9.50 @10: mediums. Slo@ 10.10: Yorkers. $9.75 @10: pigs. [email protected]. Cattle —Receipts, light: market, lower. Calves—Receipts, light: market, steady. Sheep—Receipts, light: market, lower. Bn Times Special 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. J 6.85; stags. $6.25. Cattle—Receipts. 100; market dull, lower: prime heavy steers. slo® 11: heavy shipping steers. $8.50® 10; medium and plain steers. [email protected]: fat heifers. [email protected]: good to choice cows. $6 ®7; medium to good cows. $4.50®6: cutters. s4® 4.50: canners. $303.50: bulls. $5 ®7: feeders. [email protected]: stockers. $5.50® 7.50. Calves —Receipts. 200; market steady: tops. $8.50 09: good to choice. $6.50 @8.50: medium to gool. ss®s.so: outs $4.50 down. Sheep—Receipts. 2.200: market steady: ewe and wether lambs. $11: choice. [email protected]: buck lambs. $10; seconds. *6.50@7; clipped sheep. 53.5004 50. Yesterday’s shipments: Cattle. 100; calves. 277: hogs, none: sheep. 1.704. Bu United Press CINCINNATI. 0.. June 12.—Hogs—Receipts. 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.. $10010.25; 120160 lbs.. *9.75 to mostly $10; grassy half fat hogs. 25c or more under quotations; bulk sows. *[email protected] Cattle—Receipts. 300; calves, 225; practically a) standstill, no demand for grass cattle; Indications sharply lower for week: load good fed vearlings. $10.75: Indications cows and bulls lower; odd head cows up to $7: cutter and common bulls around *6; vealers weak, better grades $9.50® 10.50: under -ed*s and heavy vealers. sß® 9. SheepReceipts. 700: quality extremely poor: about steady, undertone weak: better grade lambs." *lo® IT moct common and medium. *B@9; few bucks. *9.50@10; handy weight ewes. *3® 4; common sneep and aged bucks. S3 down. RAW SUGAR PRICES —June 12— High. Low. Close. January * IX7 1.55 1.57 March" 1-jg 181 163 May 1,76 1.68 1.70 July ri6 1.3* 1.35
New York Stocks
(Bv Thomson Sc McKinnon)”
—June 13Railroads— Prev. High. Low. 11:30. clo.-e. Atchison 218 218 Atl Coast Line '6O Balt & Ohio ...103 107% 107*2 .-97 Chesa Sc Ohio . 182 181 181 182’, Chesa Corp 63 Chi Grt West 11*3 12’, Chi N West 75 75% C R I & P 106 Del L Sc W ....117 115*8 117 115*j Del & Hudson 164’, Erie 39’s 39 39 39’ a Erie Ist pfd 61% 63% Great Northern 86‘a Gulf Mob & Oil. 35 34*, 34% 35 Kan Citv So 69% Lou Sc Nash 136 M K & T 43*8 42*8 42% 43 Mo Pacific 73’j Mo Pacific pfd 126 N Y Central ....167% 165 165 167*2 Nickel Plate 108 108% NY NH & H 107% 108*8 Nor Pacific 77 76*a 76* 2 76 Norfolk Sc West 230 o & w im Pennsylvania ... 75 74% 75 74*8 Readine ... 11l 111*2 So Pacific 116’a 115*2 116 117 Southern Ry ...107*2 106 3 , 106% 107 St Paul 16 15*8 15*2 16 St Paul pfd 25% 25*4 25*4 25% St L Sc S F 105 Union Pacific 220 Wabash 40 39*4 W Maryland 24 '4 Equipments— Am Car & Fdy 53* 2 Am Locomotive. 54 53*8 53*2 56*4 Am Steel Fd 40*8 Am Air Brake S 44 Gen Am Tank.. 98% 97 97% 100% General Elec ... 74% 72% 73% 73% Gen Ry Signal 85 85% Lima Loco 27% Man El Sup 11% N Y Air Brake 40% Press Stl Car 7% Pullman 69% 68% 68% 70 Westing!! Ar B 4040% Westingh E1ec..155 151% 152 151% Rubbers— Firestone 21% 21% 21% 21% Fisk 32% 33 Goodrich ~ 34% 33% 33% 34% Goodyear 75% 72% 73% 73% Kelly Sprgfld .. 4*2 4*4 4% 4* 2 Lee Rubber 6 U S Rubber .... 24% 24% 24% 25 Motors— Auburn 124% 121% 121% 127 Chrysler 31 Gardner 3% Graham Paige 7% 7% General Motors. 45% 44% 45 44% Hudson 36 35% 36 36 Hupp 16*4 16% Mack 65% 62% 62% 05% Marmon 13 12’% 12*4 13% Nash 37% Packard 15 14% 14% ... Pierce-Arrow 25 Reo 9% 9 9 9% Studebaker 31% 30% 30% 31 Yellow Truck ... 24% 23% 24% 24% Motor Access— Am Bosch 33% 3338 Bendix Aviation. 35 3434 35 35 Borg Warner 3434 Briggs 1834 18*4 1834 1834 Eaton 26 25 25 26% El Storage B 69% Hayes Body .... 7% 7 7 7% Houda 15 14% 14% 143s Motor Wheel 24 24% Sparks-W 2134 20% 20% 21% Stewart Warner 26% 26% Timkin Roll .... 65 64% 64% 66% Mining— Am Metals 37 37 Am Smelt 67% 67 67 6634 Am Zinc 9 8% 8% 9 Anaconda Cop. 34% 53% 53% 55 Cal & Hecla ... 16% 16% 16% 16% Cal & Ariz 62% 61 61 Cerro de Pasco 50 49% 49% 50 Freeport Texas.. 45% 4434 4434 45% Granby Corp 29 29 Great Nor Ore.. 31% 31% 31% 20*4 Howe Sound 31% Int Nickel .... 26% 26 26% 26% Inspiration 17% Kennecott Cop. 43% 4234 42% 43% Magma Cop 34% Miami Copper 19% Nev Cons 1734 17*4 17% 18% Texas Gul Sul.. 56 55% 55*8 54% U S Smelt 21% Oils— Amerada 26% 26% 2634 2634 Am Republic 20 Atl Refining ... 38% 37% 37% 38% Barnsdall 24% 23'/ 23% 23'a Beacon 93 34 903* 92% ... Houston 91*4 ind Oil 23% 23*4 2334 23 Indian Refining. 13*8 13*4 1334 1334 Lago Oil 23 23 Mex Sbd 24 2334 23% 2334 Mid Conti 26 34 2 6 2 6 26 Pan-Amer (B).. 57 34 5 7 57 34 5 7 Phillips 32 34 32 34 32 3, 33*4 Pr Oil & Gas ... 4034 40% 403* 40'., Pure Oil ... ... 2234 Richfield 19 13% 18% 19- 8 Royal Dutch 51% 50% Shell Un 20*4 20 20 20 * s Simms Pt 21% 21% 21% 22 Sinclair 23 2534 Skelly 32% 31% 31% 32% Stand of Cayl 643's 64*/8 Stand of N J ... 71*8 7034 703* 71 Stand of N Y 3334 Texas Cos 53 *2 53 * 4 53 34 53% Union Oil 4234 42! 423s 42% Steels— Am Roll Mills 65 Bethlehem 8734 87*4 8734 88 Byers AM 84 83 84 83*4 Colo Fuel 58 57*4 58 58 Cruc Steel 7434 Ludlum 2934 29’,'8 Midland ... 3134 33 Newton 36 35 35 3434 Repub I & S 51 5134 U S Steel 164% 162% 164*4 163 Vanadium 94 34 91 34 92*4 92% Youngs S & W 3734 Tobaccos— Am Sumatra 1234 Am Tobacco (A) 240 Am Tob <B) 245 24634 Coil Cigars 41 General Cigar 493* ... Lig & Myers 3., 97 96 96 95% Lorillard 21 20*4 21 203* Phil Morris 11 11 Reynolds Tob .. 50 34 50 34 50*4 50 34 Tob Pr A 1034 Tob Pr B **., United Cig 734 734 Utilities— Abitibi 29 Adams Exp 27% 26% 2634 2734 Am For Pwr 743s 7134 7 4 73% Am Pwr & Li 9334 A TANARUS& T 21534 21434 215 216 Col Gas & El 74 Com & 50u..’... 153* 1534 1534 15% El Pwr & Li 80 77 7 4 78 79% Gen Gas A 11% 103* 10% 11% Inti T & T 54 52*4 523* 54 Natl Pwr & L 1... 42% 4134 41 >g 4134 No Amer Cos ....111% 109 11134 111 Pac Gas & E 1... 63% 63% 63% 6334 Pub Ser N J... 103% 10134 101% 104*4 So Cal Edison.. 61% 61% 61 *4 61% Std G & E1....107% 106*2 107 34 104 United Corn.... 38 37% 373* 3734 Ut Pwr & L A.. 36 3534 3534 36 West Union 16734 1703* Shipping— Am Inti Coro.. 3734 37 373* 3834 Inti Mer M pfd 23 23 No Gm Lloyd . 5234 ... United Fruit 89 88*4 88*2 88% Foods— Am Sug 58*8 58% 58% 58% Armour A 5% o3' Beechnut Pkg 52 Cal Pkg ’ ••• 02 Can 63% Childs Cos 63 Coca Cola 1773s 177 * Cont Baking (A) .. ... ... 24% Corn Prod 100% 98 98 100*8 Cudahy Pkg Cuban Am Sugar 6% 6% Gen Foods 50% Grand Union 13% 14 Hershev - §6 99% Jewel Tea 51 50 50 51% Kroger 28% 27% 2% 28% Nat Biscuit .... 3534 843* 8434 84% Plllsbury 30 30 itcpßrands 1 ..... 20% 20*. 20% \\\ Ward 8% Cos”v U I?T 19*4 18 1834 16*4 Lambert Cos .... 87 85 87 87 Lehn Sc Fink 23 Am" Radiator .. 28% 27*4 27% 2834 Bush Term ... 3034 ... Oertainteed 8 Gen Asphalt 00% 51*8 Lehigh Port .... 33 32-. 32% ... Otis Elcv 67% 67 673s 68 Indus Chems— , Allied Chem 286 34 28 5 285 289 Com Solv 253, 20% 25% 25% Union Carb .... 7634 75% 763* 76-, U S Ind Alco 37% Retail Stores— __ „ Assoc Dry Gds 38% 38 38 37% Gimbel Bros 14% 14% 14% 13% Kresge S S 29% 29% 29% 29% May D Store ... 49 48; 2 49 48% Mont Ward 40% 39*2 40*/. 41% Penny J C 613a Schulte Ret St. 8% 8 8 8 Sears Rce 76% (5*2 76% (7 Woolworth 58% 57% 57% 593, Amusements — Bruns Balke ..... ••• *6 Col Grach 2!* 20% 20% 20% Croslev Radio... 1314 12 , }2% *3% Eastman Kod ..220% 218 218% 219% Fox Film A .... 44% 42% *3% 44% Grigsby Gru ... 22 20% 21 % 21 % I oews Inc 74% 71 73 74% ’’aram Fam .... 62% 61% 62*2 63). Radio Corn .... 423a 40% 41% 41 R-K-O 32 31% 31% 31 % Schubert 18 13*/* Warner Bros ... 5034 48*2 43% 493a Miscellaneous— Airwav Apd 253* 25 2o 23% City Ice Sc Fu.. .. ... ..... 41*% Cor.goleum i2% 12*, 12% 13 Am Can 134 131% 133 132 Cont Can 58% 57% 67% S RI - Curtiss Wr 8 7% 7% 7% Gillett- S R 78% 75*8 773a Real Silk 45 * % 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. Indiana. at its office. 130 North Meridian street. Indianapolis. Indiana specifications 'or divers supplies for schools, offices. Janitors, domestic science, manual treining and office equipment; for paint. Sing equipment, paper towels, and 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 supplies and materials until the respective dates named In Laid specifications. BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS. By A. B. GOCjj.
.JUNE 13,1<
ATTACK TO BE MADEON 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 12— „ , High. Low. Close. March 7.15 7.10 7.11 July 7.79 7.70 7.70 September 7.60 7.54 7,54 December 730 J 7.27 7.28 Legal Notices NOTICE OF EXECUTOR'S SALE IN THF 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. Yockey, 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 (or * 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 the 14th day of June. 1930, all of the goods, wares, merchandise, fixtures and assets of said business known as Pioneer Distributing Company, as shown by an Inventory and appraisement of said personal property 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 Appropriation 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 Citv of Indianapolis, Indiana, for the purpose of paying and retiring certificates of indebtedness and interest thereon as set forth in General Ordinance No. 35. 1930. 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 of petition therefore with the Marlon County Auditor not later than ten days after said additional appropriation has been made bv said Common Council and the State Board of Tax Commissioners whl fix a date for hearing in this county. Witness my hand and the seal of the City of Indianapolis, this 4t’n dav of June. 1930. ISeal 1 HENRY O. GOETT, Citv 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. ni. 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-Wiliiams. Inc., engineers, and release will be made to bidders or. 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 tr 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 elßht (8) days after notification of the acceptance of 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 of the board, to the Interest of the state of Indiana so to do. and to defer acceptance or rejection for a period not to exceed twelve (12> days. BY ORDER OF THE BOARD OF TRUSTEES. NOTICE GENERAL ORDER NO. 3. 1930. Passed bv the Board of Park Commissioners of the Citv 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 ct May. 1930. does hereby make the following general order: GENERAL ORDER NO. 3, 1930. BE IT RESOLVED, by the Board of Park Commissioners of the Citv of Indianapolis. that it is considered necessary bv the Board, in order to promote public health, safety, morals and general welfare, that the locating o- establishing of anv cemetery of any nature or description whatsoever, after ibis 29th aav of Mav. 1930. upon or within five hundred (500) feet of any nark, p-rkwav or boulevard under the control of the B.iaid of Park Commissioners of the City r t Indianapolis, either within the corporate limits ot said Citv. or beyond said llmts. and within the urea wherein said Board is granted jurisdiction bv 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 XT IS THEREFORE HEREBY ORDERED bv the Board of Park Commissioners of the Citv of Indianapolis, that hereafter no cemetery cf anv nature or description whatsoever shall be permitted to locate or establish upon or within five hundred (500) feet of anv park, parkway, or boulevard under the control of the Board of Park Commissioners of the City of Indianapolis, either within the corporate limits of said City, nr beyond said lmtts and within the area wherein said Board is granted turisdiction by the statutes of the State of Indiana. ADOLPH G. EMHARDT. J4CKIEL W. JOSEPH. PAUL E. RATHERT. LOGAN C. SCHOLL. BOARD OF PARK COMMISSIONERS CITY OF INDIANAPOLIS. NOTICE _ GENERAL ORDER NO. J. 1930. Passed by the Board of Park Commissioners of the City of Indianapolis. Indiana. Office cf the Beard City Hall. 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. 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 of Park Commissioners of the City of Indianapolis at :ts regular meeting on the 29th dav of May, 1930. does hereby make the following genera* order: GENERAL ORDER NO. 2, 1930 BE IT RESOLVED, by the Board oi 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 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 (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 ts 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 Parjc Commissioners of the City of Indianapolis that hereafte’- 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 wtfleh are now established or which may hereafter be legally established, within five hundred (500) feet of any park, parkway or boulevard under the jurisdiction of the Board of Park Commissioners of the Citv of Indianapolis and said ’ Board hereby order* all such structures and graves abated, abolished and permaneutf removed and prohibited. ADOLPH O. EMHARDT paul k RATHiirr 8 LOGAN C. SCHOLL
