Indianapolis Times, Volume 43, Number 46, Indianapolis, Marion County, 3 July 1931 — Page 9

PJJLY 3, 1931-

ITOCKSHARES □OLD TO FIRM P TRADING RANGE International Telephone a Feature on Upside; Steel Strong.

Average Stock Prices

Average of thlrtv industrials for Thursday was 151 48. ofT 1.18. Average of twenty rails was 85.02. off .46. Average of twenty Utilities was 60 81, off .46 Average of loity bonds, was 95.46. ud .04. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July 3.—The stock market maintained a firm tone in the first two hours of trading today. Toward noon pr’.ces slipped < 'off from their highs, but reactionary tendencies were not carried far. Volume fell off again, and around noon tickers were barely moving. In a dearth of news and approach of the holiday, many traders held aloof from the market. Those who bought worked on the theory the Hoover debt plan would be accepted by France. International Telephone and Telegraph was a feature on the upside, rising 1% points to 36 in heavy turnover. The company, it was rumored, was negotiating to take over the telephone system in Australia. These negotiations, It was said, were being conducted at the present time in London. Utilities generally were strong with Consolidated Gas at 98%, up 1%; American & Foreign Power 37%, up 1% and American Telephone & Telegraph 182%, up 1%. Steel common held around 104, up 1% from the previous close. Other Industrials were firm. Around noon Westinghouse Electric was at 72, up 1%; American Can 112%, up %; J. I. Case 91, up 1% and General Motors 39%, up %, 1 m New York Central was up more /Chan a point in a firm railroad group while Standard of New Jersey was a strong spot in the oil group.

Bank Clearings

INDIANAPOLIS STATEMENT —July 3 Clearings $ 3,791.000.00 Debits 8.646,000.00 . Clearings lor week 18.541.000.00 ’ Debits lor week 38.432,000.00 CHICAGO STATEMENT —July 3 Ocarinas $76,100,000.00 Balances 4.800.000.00 TREASURY STATEMENT —July 3 get balance lor July 1 $464,498,048.57 xpendltures 31.874.909.76 ■ Customs rects. month to date 640,361.73

New York Curb Market

(By Thomson A McKinnon) —July 3 11:301 11:30 Al Cos of Am.. 141 Mo Kan PI 5* Am Gas A El. 69% Mt Prod 4 Am Sup Pwr.. 12*|Nat Inv 4* Ark Gas A 4%'Nnt Fam Stores 4% Ass G A El A.. 14* Nat Avia 7% Braz P A Lt.. 23* Nta Hu Pwr 11* Can Marc 3 Parkcs Rst Prf. 96 Cen St Elcc... B%!Penroad 6* Cities Serv .... 12%,8a1t Creek 5* Cord 9% Sal Indus 3 Elec Bnd Bh.. 44%!50 Pen Oil 14* Gen Avia S <So Pnion Gas... 8* Ford of Can... 18*|Std of 1nd.... 27% Ford of Eng... 13 iStd of 0hi0.43* Fox Thea.... 3'VStut z 14* Goldman Sachs s%'Un Gas 7* Gulf Oil 62 ULt A Pww.... 22% Humble Oil 66 !Un Verde 9% Imp Oil of Can 13*-Ut Pwr B 9* Int Pete 12*tVacuum Oil 42% Midwest Ut 18*lUnited Fndrs... 5%

New York Bank Stocks

(By Thomson A McKinnon) —July 2 Bid. Ask. America 45 48 Bankers 94* 97* Brooklyn Trust 435 450 Central Hanover 226 231 Chase National 77* 80* Chatham Phoenix Nationl 66 69 Chemical 46% 48% City National 87% 90% Corn Exchange 101 105 Commercial 250 260 Continental 20% 23% Empire 48 57 First National 3.525 8.725 Guaranty 462 467 Irving 33% 35% Manhattan A Cos 77* 80* Manufacturers 46 48 New York Trust 146 151 Public 51* 54*

Net Changes

By United Press NEW YORK, July 2.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Up. off. Alaska Juneau 13., % ... American Can 111% ... % Amer .St For Power 36 ... % Amer Telephone 181 ... % Anaconda 28* ... 1% Auburn 183 ... 1 Bvers 36* ... * Case 89* ... 2* Chrysler ; 22% * ... Electric Power 42% ... * General Electrio 43% ... 1 General Motors 38* * ... International Nickel 15* ... * International Telephone ..34% ... * Loews. Inc 43% ... % Montgomery Ward 21* ... % National Biscuit 62% ... 1% N. Y. Central 92* ... V 4 Paramount 26% * ... Public Service 84* ... % Radio (unchanged) .20* Radlo-Kelth 15* * ... Sears Roebuck 57* ... % Standard Oil of Cal 37% ... % Standard Oil of N. J. (unch.) TTansamerica 8. ... % United Aircraft 30% ... 1 U. S. Steel 102% ... 1 Vanadium 35* ... % Westinghouse Electric .... 70% ... 1 Worthington Pump 55 ... I Chicago Stocks Opening (Bv James T. Hamill A Cos.) Ass Tel Util.... 24% Mid United Com 18% Bendlx Avia .... 21 Mo Kan Pipe L 5% Borg Warner .... 20, Middle West ... 18 Central 111 .... 20* Natl Fam Strs.. 4* Cent So West.. 17% N Am P A L.. 67% Cent Pub Ser A.13 :Nob Sparks 41 Comm Edison. .208* Pft Circle 33 Cont Chi Com.. s%|Sbd UtUities .. 3% Chi Sec 16 ,Swift &: C 0.... 26* Grigsby Grunow 3% U S Rad A Tel 24% Ot Lks Arcft.. 4% U S Gypsum ... 40* Insull Com .... 32 itValgreen Strs.. 19% Ins 9” 6's ’40.. 86%! Marriage Licenses Rov F. Corbin. 20. 2112 Dexter avenuue, laborer, and Iris Irene Irvin. 20. of 3630 North Illinois street, stenographer. Russell M. Smith. 22. ot 617 North East Street, knitter, and Elizabeth Ann Manco. 19. of 617 North East street, clerk. Nelson A. Irvine. 65. Lcgsr.sport. retired pensioner, and Ida A. Mann. 32. ot 5941 College avenue, teacher. Chester E. Brockless.. S3, of Saginaw. Mich., fireman, and Helen M. Poe. 28. of 4020 Corsel avenue, clerk. John J Schmenck. 47. of Columbus, farmer, and Ida McDermott. 33. of 863 North Gladstone street, bookkeeper. Weldon Kelly. $3. of 1509 Central avejiue grocery assistant, and Esther M. Foale. 21. of 1515 Central avenue. X-ray technician. RAW SUGAR PRICES High. Low. Close January 1.47 1.46 1.46 March 1.52 1.61 I.SI May 1.58 1.36 1.56 July 1 34 1.33 1.32 September 1.39 J. 37 1.37 December 1.47 1.45 1.45 NOTED BARONET DIES -Sir William Hart Dyke Succumbs at Age of 93. By UHitei Preys EYNSFORD, Kent, England, July 3.—Sir William Hart Dyke, 93. political contemporary of Disraeli and Gladstone, died tt Lullingstone Castle here today. His son, Oliver Hamilton Dyke, 45, succeeds to the title as the eighth baronet.

New York Stocks

' HSy Thomson A McKinnon —July J Prev. Railroads— High. Low. 11:30. close. Atchison ... 166% 168* Atl Coast Line 101 Balt At Ohio 63 63* Chesa A Ohio 38 37* Chess Corp 40 Chi Ort West 7 Chi N West 84* CRI&P 44 44 Del A Hudson 133* 134* Erie 34* 35% Erie Ist pfd 34 Oreat Northern 33* Illinois Central S3 Lou A Nash ... 80 Minn S L * ... M K A T 18* Mo Pacific ‘ ... 28* 28* Mo Pacific pfd 72 74 N Y Central .... 94* 94 94 93 Nickel Plate ...... ... 48 47 NY NH A H.... 76* 76* 76* 77 Nor Pacific 48 44* 45 45 Norfolk A W’est ... 172 O&W ijy, Pennsylvania ... 50 49* 49* 49* Reading 75 Seaboard Air L.. .. * So Pacific 86 Southern Ry.... .. ... ... 38 St Paul 6* 6 St Paul pfd 11 St L A 8 F $0 19 Union Pacific 169* 170 Wabash 15 W Maryland... 14* 13V. 14* 14 West Pacific ... 9 Equipment*— Am Car A Fdy 31 30 Am Locomotive 19 Am Steel Fd.... 18* 18 18* 17* Oer. Am Tank.. 61 60 61 60 General Elec.. 44* 44* 44* 44* N Y Airbrake 16 Pullman 39 38* Westinßh Alrb 26% Westlngh Elec.. 72 * 71* 72 * 71* Rubbers— Firestone ... 19 Goodrich 13* Goodyear 42* 42* Kelly Sprgfld 3 2* U S Rubber.... 15* 15* 15% 16* Motors— Auburn 187* 186 186 184 Chrysler 23* 23 23* 32% Gardner % * * * Graham Paige 4 3,'* General Motors 39% 38* 38* 38* Hudson 15* 15* Hupp 8% Mack 32* 31* Marmon 4% 4* Nash 29* 29* 29* 39% Packard 7% 7V? Reo 6* Studebaker 19* 19% 19* 19* Yellow Truck... 9* 9* 9* 9* Motor Access— Bendlx Aviation. 31* 21 31 20* Borg Warner... 20* 30* 20* 20 Briggs 14* 14* 14* 13* Budd Wheel 9* 9* Eaton 17* 17* 17* 17 El Storage 3 53 Houda ... 5* Motor Wheel 10* Snarks-W ... ... , 8* Stewart Warner. 12* 12* 12* 12* Timkin Roll ... 37* Mining— Am Metals 13* Am Smelt 39* 39 Anaconda Cop.. 39* 28 7 / 29* 29* Cal A Hecla ... 7* 7% Cal A A lz 35* Cerro de Pasco 20* 20 Dome Mines.... 11* 11* Ilya 11* Freeport Texss 28% 28* Granby Corp 14Va 15 Great Nor Ore 19 firUTfr:. u% •* % 88 isssssw.>! >|vi Magma Cop 16 Miami Copper.. ...... ... 7 Nev Cons ........ 11% 11* 11* 11* Texas Gul Sul.. 37 38* 37 37% Oils— Amerada ... 18* 17* Am Republic •• •. ••• 6*2 AU Refining .... 18* 15% 16* 15* Barnsdall 8* 8* Houston 10* 10 10* 10 Indian Refining , ... 2% Ohio OU 11 10* 10% 11 Mex Sbd 16% 18* 16* 16 Mid Conti 9* * Phillips 8* 8% Pr OU A Gas ... 10* Richfield 1% 1* Royal Dutch 33 Shell Un 7% 7* 7* 7% Sinclair 11% 11 11* 10% Stand of Cal ... 38'* 37'/, 38* 37* Stand of N J.... 40 39 39* 39 Stand of N Y... 17* 17* 17* 17% Texas Cos 34* 23* 24% 23% Union OU >. • • 18% Steels— Am Roll Mills.. 24* 21* 28% 33* Bethlehem 53% 52 * 52* 51* Byers A M 37* 37 37 36* Colo Fuel 18* 17* Cruc Steel 51* Inland 47 Ludlum ... ... 12% Midland 21* 20* 21* IP Newton 12'4 11% 12* 11* Repub IA S lfl* 16 16% 15* U S Steel 104 103, 103% 103 Vanadium 36Vs 36* 36* 35% Youngst S At W 18 Tobaccos — _ _ Am Tob Anew 121 118* 121 ~ 119 Am Tob B new 123* General Cigar.. .. ... ... 37* Llg A Mvers 8.. 78* 77* 78* 77* Lorlllard 19% 19* 19* 18% Phil Morris „ ... ...., 11* Reynolds Tob... 51% 51% 51% 51% Tob Pr A 11* Tob Pr B 2% United Cig 5* 5 Utilities— Adams Exp,.... 17 16% 17 15% Am For Pwr.... 37% Am Pwr & Li.. 41% 41* 41% 40* A T A T 182% 181 182 181 Col Gas & El.. 34% 33% 34 34* Com A 80u.... 8* 8% 8* 8% El Pwr A L 1.... 44* 43* 43* 43% Gen Gas (A).. 5* 8 5 5* Inti T A T.... 36 35% 36 35% Natl Pwr A Li.. 28* 28* 28* 27* No Amer Cos .. 71* 71 71* 71% Pac Gas & El.. .. .47* 47* Pub Serv N J.. 86% 86* 86* 86* So Cal Edison 44,, Std O A E 1.... 69% 69Vs 69% 68* United Corp .... 25 23 24* 24* Ut Pwr AL A 34% 24* West Union 117 Shipping— Am Inti Corp.. .. ... ... 15 Inti Mer M pfd 15% 15* 15* ... No Gm Lloyd 24 United Fruit 57 Foods— .... Am Sugar ... 55* 55% Armour A 2* 2% 2% 2* Cal Pkg 26% 2626* 25* Can Drv 42 41* Chi:ds Cos ... 22 Coca Cola ... ... 146% Cont Baking A 14* 14* 14* 14* Corn Prod 73* 73% 73* 75 §ls“ A™ * * Jg <S?S 'Si* 18*. Nat Biscuit.... 63* 61 61 63* Purity Bak 32 31% 33 33% Safeway St .. ... 54% 55 Std Brands 18* 18 18% 18 CoU’“i™ % 9% S% 9* Lambert C 0...., 69% 69* Lehn A Fink 26 Am* RadlatorT... 14* 13% 13% 14* Bush Term .... 23* 23 23 22* Lehigh Port 11% Otis Elev 38* AMed U *Chem m rr.l32 131 131 129* Com Solv 15% 15 15 14* Union Carb .... 56% 54 56* 53* U S Ind Alco.. 32% 31* 31* ... As^oc*Drv*°Gds7”. 22* 22% 32* 21* Kesge S S 27 27 Mav D Store ... 36* 36 36 36 Mont Ward .... 22* 22* 21% 31% Penny J C 33* 33* Schulte Ret St 2* SSfcSS 88 8a Cos? o Gnph 11V. lOli 1114 Eastman Kod ..153% 150 153% 130$ Fox Film A .... 21 20% 20% 20% Griffsbv Gru •• • Loews ‘lnc 47 46* 46% 46% Param Fam .... 27 26% 27 26% Radio Corp 20% 20% 20% 20% R-K-O 16% 16V 4 16 V 4 15* Schubert ... 3% Warner Bros ... 8* 8% 8% 8* Miscellaneous— - , City Ice A Fu 21* Congoleum ... lIV4 11V* Am can 112% 111* 111* 112% Cont Can 53% 53 53 53* Curtiss Wr 3* 3* 3* 3* Gillette S R .... 25 24% 24% 2‘% Real Silk 8* 8* Un Arcft 31 30* 31 31* Int Harv ... 47* 47

Investment Trust Shares

(By Gibson A Bernard) PRICES ARE TO IX ,soo.> U. S. T. —July 3 Bid. Ask. Amer Found’s Corp Com 3* 8% Am A Gen Sec *'A” IS ... Am Inv Trust Shares v <% 5% Basic Industry Shares 5% 6% Corporate Trust Shares ...... 4% 5% Cumulative Trust Shares .... 6% 7* Diversified Trustee 8h "A”.... 15% ... First American Corp 7% 8* Fixed Trust Oil Shares ....... 3% ... Fixed Trust Shares “A” 13% ... Inv. Trust NY 6* 7* Leaders of Industry. Series “A” 7% ... Nation Wide Securities 6% 6% National Industry Shares .... 6% 5* N Am Trust Shares 4% 6% Sel Am Shares 4% 5* Shawmut Bank Inv Trust 7 9 Universal Trust Shares 5* 5% Super Corp of Am Tr 6 “A”... 6% 6* Fundamental Trust Shares “A” 6% 7* Fundamental Trust Shares *3” 7 7* U 8 Elec light At Pwr “A’’.... 29 31

Local Waqon Wheat

City grain elevators are paying 45c for No. 1 red wheat and 42c for No. 1 hard whaat. New York Liberty Bonds —July J—--Ist 4*s 103.12 4th 4%8 104.24 Treasury 4s 108 20 k&lft ir*::::::::::::::: iSf:iS

LIGHT SELLING SENDS FUTURE PRICESLOWER Evening-Up Over Holidays Responsible for Most Offerings. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, July 3.—Persistent, scatte.ed selling gave the grains an easy undertone on the Board of Trade today in a slow, dull preholiday trade. It was largely evening up for the double holiday with some short covering aiding in checking the decline, but selling on the weakness abroad and the mixed Canadian reports more than offset other factors. Movements Are Heavy The heaty southwest movement continues to depress the trade. Improved weather conditions favoring corn and oats occassioned selling in those grains which sent the market downward. At the close wheat was % to 1 cent lower, corn was * to % cent lower and oats were * cent off. Provisions were weak, 3 to 7 points down. Liverpool remained quiet during the afternoon and finished % to % cent lower. The southwest movement continues heavy and receipts next Monday at those points are expected to show an imposing total. The cash market was Inactive. Receipts were 82 cars. Corn Options Easier Corn was easier on the reports of rains over a large part of the belt and lower temperatures. There was not much rallying power in evidence early and at mid-session prices still were % to * cent lower. December received the best support. Cash unchanged. Receipts were 147 cars. Oats had a moderately firmt tone, but eased % to * cent with the major cereals early. Trade was featureless. Cash prices were unchanged. Receipts were 16 cars. Chicago Grain Range WHEAT— ~ JuIV 3 ~ prev. „ , Open. High. Low. Close, close. July .4. .56* .56 .55% .55* .56% Sept... .57* .57% .56% .57 .57% Dec ...62 .62* .61% .61% .62 * CORN— July .. .58% .59% .58% .59 .59* Sept... .56 .56% .55% .55* .56% Dec. .. .49% .49* .49 .49* .50 OATS— July .. .27* .27* .27* .27'* .27* Sept... .28* .28* .27* .23% .28% Dec. .. .31% .31* .30* .31% .31% RY& — July .. .36* .36* .36 .36* .36* Sept... .39% .39 * .38% .39 39 Dec. .. .43% .43% .43 .43* .43% OATS— July ... ..: 8.00 8.07 Sept.. 8.10 8.10 8.07 8.07 8.12 Oct... 8.15 8.15 8.10 8.10 8.15 Dec 7.57 7.60 BELLIES— July.. 8.30 8.30 8.35 Aug 8.40 8.45 Sept.. 8.50 8.50 8.57 By Times Special CHICAGO. July 3.—Carlots: Wheat. 49; corn. 183; oats. 18; rye. 0. and barley. 3. By United Press CHICAGO, July 3.—Cash grain close: Wheat—No sales. Corn —No. 2 mixed. 59%c; No. 1 yellow. 59%c; No. 2, 59*0 59%c; No. 3, SB%®soc; No. 4. 58%c; No. 5. 56%c: No. 6 white. 56*c: sample grade, 52054 c. Oats—No. 2 white, 28@28%c; No. 3. 27*®27%c. Barley—3B®.s3c. Timothy—[email protected]. Clover—sl2ol9. By United Press TOLEDO. July 3.—Grain on track. 28%c rate. Wheat—No. 2 red. 64@65c: No. 1 red. lc premium. Corn—No. 2 yellow, 58 ®s9c; No. 3 yellow. 57®58c. Oats—No. 2 white. 28@29c; No. 3 white. 27%@28c. Clover—Domestic prime, old. *13.59; prime, new. $13.75; prime choice, new. sl4: prime choice, old. $13.75; October, $13.75; December. sl4. Alsike —Cash. $13.50. Butter —Fancy creamery. 27@28c. Eggs—Country run. 14@16c. Hay—Timothy per cwt. sl.2a.

Produce Markets

Eggs (country run)—Loss off delivered In Indianapolis. 12c: henery quality. No. 1. 14c: No. 2. 9c. , Poultry (buying prices)- Hens weighing $ lbs. or over. 16c: under 5 lbs.. 15c: Leghorn hens. 14c: 1930 broilers, lull leathered 2 lbs. and up. 23c: under 2 lbs.. 20c: bareback. 12c: Leghorn broilers. 18c: ducks, 9c: old cocks. B@9c: ducks, lull leathered, lat whites. 9c; geese. 6c. These prices are lor No. 1 too duality, quoted by Klngan & Cos. Butter (wholesale)—No. 1, 27<®28c: No. 2 25 (0.26 c. Butterlat—24c. Cheese (wholesale selling price per pound)—American loal. 22c: pimento loal. 24c: Wisconsin firsts. 17 Vic: Longhorns. 17V&c: Longhorns. 17Vic; New York Umberger. 30c. By United Press NEW YORK. July 3.—Potatoes—Market, weak: southern. $1.2502.25 barrel: Maine. [email protected] barrel; Canada. $1.25(5)1.50 barrel. Sweet potatoes—Easy: Jersey baskets. s2@ 3.50; Southern baskets. [email protected]. Flour —Market, autet and easy: spring patents. [email protected] barrel. Pork —Market, quiet: mess. $23 barrel. Lard —Market, easy: middlewest snot. .083®.084. Tallow —Market ouiet and steady: special to extra. 3'A® 3V4c. Dressed poultry—Market, steady: turkeys. 25@45c: chickens. 23®38c; broilers. 25@38c: lowls. 12r5 24c: Long Island ducks. 15@18c. Live poultry—Market, dull and weak: geese. 10@12c: ducks. 13@21c; lowls. 15®18c: turkeys. 12®25c; roosters. 12c: broilers. 16@82c. Cheese —Market, good demand and firm: state whole milk, lancv to special. 13@2Sc; young America. 14 Vi 019 Vie. v By United Press CHICAGO. July 3.—Eggs Market, steady; receipts. 20,770 cases; extra firsts, 17c: firsts, 16ye; current receipts, 14Vic; seconds. 12V4c. Butter—Market, steady: receipts. 14,047 tubs; extras. 24c; extra firsts. 22Vi®23c: firsts, 21<S)22c: seconds. 19 20c; standards. 24c. ' Poultry—Market, steady: receipts no cars in. 2 due; lowls. 17c: springers. 28c; Leghorns, 12Vic: ducks, 10c: geese. 10c: turkevs 15®18c; roosters. 12Vic: broilers .(2 lbs.), 26c; broilers (under 2 lbs., 24c: Leghorn broilers, 17®20c. Cheese—Twins. 12y;®13c; Young Americas, 12®12V4e. Potatoes —On track 155; arrivals. 18c; shipments, 1.181: market trading ouiet. market, dull: Louisiana Triumphs. $1.40® 1.60: sast shore Virginia barrels Cobblers. $2.65. By United Press CLEVELAND, July 3.—Butter—Extras, 28c; standards. 28c; rr.arket. steady. Eggs —Extras. 17 Vic: firsts. 15Vic; market, steady. Poultry—Heavy fowls. 19c; medium. 20c: Leghorn lowls, 13@15c: heavy broilers. 22®28c: Leghorn broilers. 16® 20c: ducks. 15®22c; old cock, 12c. Potatoes —North Carolina cobblers best mostly. $2 40® 2.50 per cloth top stave barrel Virginia cobblers. [email protected] per cloth top Stave barrel. In the Air Weather conditions at 9 a. m: Northeast wind, 10 miles an hour; temperature, 83; barometric pressure, 29.90 at sea level; ceiling, unlimited; visibility, 6 miles; field, good Night Flights Planned Central Aeronautical Corporation tonight will inaugurate regular week-end night flying at municipal airport. It is planned by the company to conduct night flights each Friday, Saturday and Sunday night. Aged Man Dies By Times Special FISHERS, Ind, July 3.—John A. Young, 74, died in the Noblesville hospital. He leaves his widow; a brother, George M. Young, and a sister, Mrs. Henry Clark. Mr. Young was active in community affairs for forty years. Heat Hastens Death By United Press KENDALLVILLE. Ind., July 3. Oliver Whan, 72, died while milking at his farm note here of heart diseas* induetd tofr the heat.

THE INDIANAPOLIS TIMES

Dow-Jones ■ Summary

Allis Chalmers unfilled orders July 1, were *9.051,000. against $9,776,000 on June 1 and *17,926,000 on July 1, 1930. Harriman National Bank and Trust Company declared an extra dividend of $5 and regular semi-annual dividend of $5. Harriman Securities Corporation declared a semi-annual dividend of $7.50. all dividends are payable July 3. of reeord July 2. National City Bank as of Jane SO, reports deposits es $1,460,557,030, against $1,400,031,336 on Dee. 31, 1930 and resources of $1,973,140,595, against $1,944,241,523. Buffalo. Rochester A Pittsburgh Railway first quarter net loss $184,431 after taxes and charges. Year ago earned $57,557. or 96 cents a share on 6 per cent preferred stock. New York Stock Exchange loans declined $43,358,728 in June to $1,391,324,922. anew record low since publication of these figures began in 1926. Year ago totaled $37727.711.289. Chicago Northwestern June car loadings amounted to 124,378 cars, against 127.418 in May and 144.795 in June. 1930. New York cables opened in London at 4.86*. against 4.8646; Paris, checks. 124.25; Amsterdam. 12.092; Italy. 92,915; Berlin. 20.502. Middle West Utilities Company directors voted to extend common stock parchase warrants series (A) to Dee. 81. 1932, and common stock purchase warrants series (B) to Dec. 30. 1933. Jantzen Knitting Mills declared a quarterly dividend of IS cents on common stcok. payable Aug. 1, of record July 15; placing stock on 60-cent annual basis, against 31.50 previously, and the regular preferred dividend of $1.75 a share, payable Sept. 1, of record Aug. 20. Pacific Public Service Company declared the regular quarterly dividend of 32* cents a share on the class (A) common stock payable Aug .1. of record July 15. Dally average volume of Federal Reserve Credit outstanding in week ended July 1. was $954,000,000. a decrease of $2,000,000 from the preceding week and $77,000,000 below the like week in 1930. Brokers’ loans increased 373,000,000 in week to $1,479,000,000. Non-brokers’ loans tip $7,000,000; reserve system ratio 84.4 per cent, against 84.1 per cent a week ago; New York ratio 89.7 per cent against 90.4 per cent and 81.2 per eent respectively. No announcement on rediscount rate now at 1* per cent. Report of the Exchange Inc., and subsidiaries for four weeks ended Jan. 29, 1931. on which date certain properties and parts of the business were sold to R. K. O. Corporation shows profit of $36,941 after interest, and amortization for 13* weeks ended May 2, 1931. based on the application of certain profits to reduction of ledger value of assets involved Pathe Exchange. Inc., and subsidiaries report loss of $73,999 after amor'ization and Interest. Births Boys Leo and Edna Riley. St. Vincent’s hospital. Roger and Pauline Overstret, 917 North Grant. Reuben and Caroline Solomon. Methodist hospital. Earl and Eleanor HarTison, Methodist hospital. Samuel and Lillian Solotkin. Methodist hospital. Arthur and Nan Smith. Methodist hospital. Earl and Leoma Yarlying. 109 South Gladstone. Russeil and Francis Ooley. 2712 Bellefontaine. Andy and Anna Wilkerson. 17 Karcher. Cliffore and Mary Kinnett. Coleman hospital. William and Ruth Worley. 3021 East Tenth. Patrick and Hanna Doherty. 534 North Oakland. Gervice and lola Jackson. 419 South Randolph. Cyrus and Mildred Rice. 638 Warren. Pearl and Edna Spangler. 1029 High. Girls Albert and Evelyn Bowman, Methodist hospital. Paul and Edna Jayman. Methodist hospital. Willard and Ruth Garber. Methodist hospital. Ted and Laura La Fever. Coleman hospital. William and Elizabeth Brumfield. Coleman hospltaL , Robert and Lucille Hays. 1133 Bellefontaine. Arlie and Sodie Cossaday. 1354 West Ray. Ruby and Bessie Brather. 2322 Adams. Deaths Mary Elizabeth Davis. 73. Methodist hospital. hypostatic pneumonia. Laura Elizabeth Barnett. 49. Methodist hospital, carcinoma. _ Mike Grovich. 39. Long Hospital, broncho pneumonia. . Narcissus Scott. 65. Central Indiana hospital. chronic myocarditis. . Carmela Palamara. 52. Methodist hospital. intestinal obstruction. Grace Estella Smith. 53. Methodist hospital. carcinoma. _ ~ , Cowen Finney. 9 mo., city hospital, cerebro spinal meningitis. ..... Eugene Lam*>ert, 6. 409 Regent, acciH. Bortz. 35. 5315 Guilford, scptlCopal' Clements. 1. 1221 South Dakota, broncho pneumonia. Herschel Lodge. 19. city hospital, cerebrospinal meningitis. Hugh Nevin Hankins. 24. St. Vincents hospital, general peritonitis. Alta Mary Jleler. 55. St. Vincent s hospital. acute and ictation of heart. Mary Anne Bell. 80. 46 Whittier place, chronic mvocr.rditls. _. .. . .. Minnie Rogers. 32. Central Indiana hospital. chronic interstitial neuritis. Margaret Lutz, 58. Cnetral Indiana hospital. chronic myocarditis. Charles Chatman. 9 mo., city hospltaL broncho pneumonia. ~ Jane McGinty. 83. 529 Agnes, arterioSC Charles H. Gates. 53. 729 Drake, cerebr josephine r *RusselL 61. 426* East MerCatherine 1 ?’ 4 'Tower 87. 1920 North Hllnols. chronic myocarditis. Noland Phillips. 45. St. Vincent s hospital. heat prostration.

Indianapolis Stocks

—July S Bid. Ask. American Cent Life Ins c0...1,000 ... Belt R R At Yds Cos com 30 35 Belt RR As Yds Cos pfd 6s ... 49% 55 Bobbs-Merrlll Cos • 30 Central Ind Pow Cos pfd 75... 72 Circle Theater Cos com 7s 100* ... Ciltzens Gas Cos com 10s .... 22 ... Citizens Gas Cos pfd 5s ...... 97* 100* Commonwealth Loan Cos pfd 7s 96 * 97 Hook Drug com Indiana Hotel Cos Claypool ...105 Ind Hotel Cos pfd 6s 100 ... Indpls Gas com 6s ..•••••••• 56% 58% Indpls Pw AS Lt CO pfd 6%s 104 105 Indpls Pub Wei Ln Assn cm 8s 50 Indpls Wa Cos pfd 5s 100 ... Pub Servos Ind 7s .96 98 Pub Servos Ind 5s •. 8< Metro Loan Cos 8s -101 ... North Ind Pub Ber Cos pfd 5%s 94 96% No Ind Pub Sv Cos pfd 6s ....102* XOS No Indiana Pub Cos 7s ......111* ••• E Rauh As Sons Fert Cos pfd 6s 47 ... Shareholders Invert Cos ....... 9% ... Ter Haute Tr & Li Cos pfd ts 82 ... Union Title Cos com Ss ...... 15 ... Van Camp Prod Cos Ist p1d..., .. 93 Van Camp Prod Cos 2d pfd Bb. .. 93 Progress 18 ... Backstay Welt Cos com 13% 17 Ind Pipe Line Cos 12 12% Link Belt com 28 30 Lynch Glass Machine Cos, com. 18% 20 Noblitt Sparks Industrials Inc 40 42 Perfect Circle Cos com 32 34 Real Silk Hosiery Mills 1nc.... 7% 9* Standard Oil Cos (Indiana) ... 27* ... Ross Gear 19% 22 Natl Title 5% 6* J. D. Adams Manufacturing Cos 18* 20 BONDS Bid. Ask. Belt R R Az St Yds Cos 4s 93 Cent Ind Gas Cos 5s ........... 99 ... Cent Ind Power Cos 6s 99* ... Citizens Gas Cos 5s ......... ~ 101 Citizens Street Railroad 55.... 20* 25* Home T. At T of Ft Wsyno 65.102* ... Ind Railwy * Light Cos 5s ... 93 ... Indpls Pow & Li Cos 5s •* Indpls Gas Cos 5s ••• Indpls Street Rys 4s .......... 13 Indpls Trac Terminal Cos 5s .. 42 Indpls Union Ry 5s 102 ... Indpls Water Cos s*s ’54 104 105 Indpls Wat Cos Ist lien ref Ss.lOO ... Indpls Water Cos 4*s ..... 100 101* Indpls Water Wks Sec Cos 55.. 90 ... Interstate Pub Serv Cos 4*5... 99* ... Interstate Pub Ser Cos (B) 6%5.105 ... Interstate 5s „?9 ••• No Ind Pub Serv Cos 103 Terre H T A L 5s 93 ... —Sales— Citizens Gas Cos ss. 1 share at ...101 arrangFpolar flight Graf Zeppelin Will Start North on July 24 or 25. By United Press FRIEDRICHSHAFEN, Germany, July 3.—The Zeppelin works announced. today that the Graf Zeppelin’s flight to the north pole would start July 24 or 25. Dr. Hugo Eckener will be In command. NEW YORK COFFEE RANGE High. Low. Close. March 641. ,6.52 6.61 September 6.27 '.l 5.22 6.27 December Ml 6.44 Ml

HOGS ADVANCE ON CONTINUED FIRMDEMAND Cleanup Trade in Progress in Cattle Market; Sheep Steady. June Bulk. Early Top. Receipts. 26. $6,95 0 7.65 $7.65 5.000 27. 7.00 0 7.65 7.65 1.500 29. 6.900 7.60 7.65 5.500 30. 6.65 ® 7.35 7.35 7.000 July 1. 6.650 7.35 7.35 3.500 2. 6.80® 7.45 7.45 2.500 3. 7.00® 7.65 7.65 2.500 Continued light receipts and fair demand held hogs to a higher range this morning at the city stock yards, prices advancing 20 cents on most classes. The bulk, 140 to 300 pounds, sold for $7 to $7.65; early top, $7.65. Receipts were estimated at 2,500; holdovers were 188. A cleanup trade was in progress in the cattle market with slaughter classes moving along slow. Receipts Were 200. Vealers were steady at $7 down. Calf receipts were 300. Sheep were little changed with lambs selling mostly at $7 down. Top price was $7.50. Receipts numbered 500. Chicago hog receipts were 7,000, including 1,000 direct. Holdovers were 6,000. The market opened 15 to 25 cents higher on better kinds scaling 250 pounds down. Plainer kinds very slow;, good to choice 180 to 210 pound weights $7.50 to $7.60; some held higher; 250-pound weights $7.25. Cattle receipts were 1,000; calves 1,000; market 25 cents higher. Sheep 5,000 ; 25 cents higher. HOGS Receipt*. 8,500; market, higher. ... —Light Lights—-(l4o-160) Good and choice....! 7.35® 7.45 —Light Weights—-(l6o-180) Good and choie,*... 7.65 (180-200) Good and choice... 7.65 —Medium Weights—-(2oo-220) God and choice 7.45® 7.55 (220-250) Medium and g00d... 7.25® 7.45 „ —Heavy Weights—-(2so-290) Medium and g00d... 7.00® 7.25 (290-350) Medium and good.. 6.75® 7.00 __ \ —Packing Sows — (275-500) Medium and good.. 4.00® 5.25 (100-130) Slaughter pigs 7.00® 7.20 CATTLE (Slaughter Class) Receipts, 200; market, steady. —Steers— Good and choice $ 7.00® 8.50 Common and medium 5.25® 7.00 Good and choice 6.75® 8.25 Medium 5.75® 6.75 —Heifers—- „ J (500-850) Good and choice 7.00® 8.50 Common and medium 5.00® 7.00 —Cows— Good and choice 4.50® 5.50 Common and medium 3.25® 4.50 Low cutters and cutters 2.00® 3.25 _ —Bulls (yearlings excluded)— Good and choice beefs 3.50® 4.50 Cutter, common and medium. 2.00® 3.50 CALVES AND VFALERS Receipts. 300; market, steady. „ . —Vealers— Good and choice $6.50® 7.00 Medium 4.50® 6.50 Cull and medium 3.00® 4.50 —Calves—-(2so-300) Good and medium 5.00® 7.00 Common and medium 3.00® 5.00 STOCKERS AND FEEDER STEERS Good and choice 5.25® 7.25 Common and medium 4.00® 5.25 „ J , (800-1.500) Good and choice 5.50® 7.25 Common and medium 4.00® 5.50 SHEEP AD LAMBS Receipts. 500; market, steady. Good and choice $ 6.00® 7.50 Common and medium 3.50® 6.00 Ewes, medium and choice.... I.oo® 2.25 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO. July 3.—Hogs—Receipts, 7,000; including 2,000 direct; steady to 10c higher; best 190-230 lbs.. 10@25c higher, early; bulk 180-220 lbs.. [email protected]; early top. $7.60; 230-300 lbs.. $6.20®7.25; pigs, and light lights, dull; packing sows. $4.25 ®5.35; light lights. 140-160 lbs., good and choice. $7®7.25; lightweights. 160-200 lbs.. good and choice. [email protected]; medium weights. 200-250 lbs., good and choice. [email protected]; heavyweights, 250-350 lbs., good and choice, [email protected]: packing sows, 275-500 lbs., medium and good. $4.25® 5.50; slaughter pigs. 100-130 lbs., good and choice, $6.65®7.15. Cattle —Receipts, 1,000; calves, 1.000; active, early clearance on all classes at firm prices; spots strong to 25c higher on fed steers and yearlings; top long yearlings. $8.25; 1,428-lb. beeves. $7.85. highest of week for this weight: slaughter cattle and vealers: Steers, 600900 lbs., good and choice. $7.25®8.75: 9001.100 lbs., good and choice, $708.75: 1.100-1,300 lbs., good and choice. $6.75® 8.50: 1,300-1.500 lbs., good and choice. $6.50 @8.25: 600-1,300 lbs., common and medium. $5®6.75: heifers. 550-850 lbs., good and choice. $6.50®8: common and medium. $3.25®6.50; cows, good and choice. $3.75®5; common and medium. [email protected]: low cutter and cutter cows. $1.50@3; bulls, yearlings excluded, good and choice, beef, $4.25®4.75: cutter to medium. $3.25®4.50; vealers, milk fed. good and choice. $5.50® 6.75; medium, $4.50®5.50; cull and common. $3®4.50: stocker and feeder cattle: Steers. 500-1.050 lbs., good and choice. $5.50@7: common and medium. $4®5.50. Sheep—Receipts. 6.000; all classes scarce; strong to unevenly higher: desirable native lambs mostly. $7®7.35 to packers: strictly choice kinds absent; fed yearlings. 5.50; choice lightweight ewes, $2.75; slaughter sheep and lambs: Lambs 90 lbs. down, good and choice. 65.85®7.75; medium. *[email protected]; all common weights. $3.75 @5; ewes. 90-150 lbs., medium to choice, $1.25®2.75; all weights., cull and cows. 75c ®51.50. By United Press EAST ST. LOUIS. HI.. July 3.—Hogs— Receipts. 4;000; market, slow, early sales around 10c higher than Thursday’s average: most 150-220 lbs.. $7.40@7J|0; small lots upward to $7.60: $7.25 on 2CV-230 lbs., butchers: packing sows largely $4.25®4.75. Cattle —Receipts. 500: calves, receipts. 400; market, vealers. 50c higher at $6.75; not enough sales other classes worth mentioning; medium bulls around $3.50; cows. $2.75®3.75: low cutters. $1.75@2. Sheep— Receipts. 100; market, steady; bulk lambs. $6.75: few, $6.50; no sales to city butchers; throwouts. $3; clipped ewes, $3 down. By Times Special LOUISVILLE. Kv.. July 3.—Hogs—Receipts. 400: market 25c nigher; 250 lbs. up. $6.85; 175-250 lbs.. $7.40: 130-175 lbs., $6.75; 130 lbs. down. $6.10; roughs. $4.35® 5.35; stags. $3.60. Cattle —Receipts. 150; market slow and steady; prime heavy steers. s6@7; heavy shipping steers. ss® 6; medium and plain steers. s4@s; fat heifers. $5®6.50; tommon to good heifers. s3@s; good to choice cows. $304.25; medium to good cows. $2.50®3; cutters. s2® 2.50: canners. $101.50; bulls. $203.25; feeders, $4.50@6; stockers, [email protected]. Calves —Receipts. 200: market steady: choice. $6; medium to good, $4.50®5.50: outs. $4 down. Sheep—Receipts, 1.200; market steady; ewe and wether lambs. $7; buck lambs. $6: seconds. $3.50®4: sheep. sl®2. Thursday’s shipments: Cattle. 28; calves. 122; hogs. 271; sheep. 1,061; By United Press CINCINNATI. 0.. July 3.—Hogs—Receipts. 1,300; heidover. none; slow, unevenly steady to 10 to 25c higher: better grade 170-230 lbs.. $7.80 07.90: mostly $7.90 on 220 lbs. down: heavier weights scarce: some 235-260 lbs.. [email protected]: 270-300 lbs.. [email protected]; 130-160 lbs.. $7.25®7.40; light and medium weight sets. $4.50® 4.75; heavies down to $4. Cattle —Receipts. 175; calves. 425; slow, about steady; spots lower on grass steers and heifers; order lots common and medium grassers. $4.50® 6; one load of medium weight steers. $6.15; a few lighter kinds. $6.5007: some yearlings on drv fed odd. $707.90; most beef cows. $3.2504.25; low cutters and cutters. $1.5003: bulls. $4.25 down: vealers. steady; good and choice. s6®7: lower grades draggy at $5.50 down;- mostly S5 and below. Sheep—Receipts. 2.500: lamb trade, uneven, mostly steady to weak: better grade ewe and wether lambs, $7.5008: some down to $7: bucks. $5.50®6.50: throwouts largely. *s® 5.50; sheep, steady: clipped ewes. $1 ®3. Crash Injuries Fatal By Times Special MICHIGAN CITY. IncL, July 3. Burns and other injuries she suffered in an auto crash in front of the airport here June 19 proved fatal today to Mrs. Fred Weeks of Ligonier. Her husband and two children, a 3-months-old baby and a 3-year-old son, survive her. They were in the accident, but escaped injury.

Specialists In Unlisted Securities Edw. W. Zaiser ecurities Corporation 129 R. Market -

Siam s King Sees Gotham

wHWB—WWwA IKIMBWBBBBpBBWHWWWIIIiIIIIiIIIIII

Despite the fact that he has visited New York many times during his stay in America, King Prajadhipok of Siam got his first real view of the city the other day. His sight restored by an operation early in May, and his eyes strengthened by weeks of rest, the diminutive ruler went to the top of the Empire State building, world’s tallest structure, as a guest of former Governor A1 Smith. Here you see them on the observation platform, the king wearing green glasses to protect his eyes, as his distinguished guide explained the panorama.

YOUNG SLAYER OF FATHER STILL FREE

Search Continues for Son Who Wielded Knife Near Angola. By Times Special ANGOLA, July 3.—Ova Caskey, 21, who Monday fatally stabbed his father, Kelley Caskey, 40, at their farm home eleven miles northwest of here, is still at large. The only trace found was his coat which had been discarded near Hudson. The authorities believe that friends from Kentucky, from where the family came to this section a year ago, are hiding the slayer. In the meantime, the poverty stricken family is seeking to raise money to send the body back to Kentucky for burial. Young Caskey has a defender in his 18-year-old sister, Frankie. “It was a terrible thing, but if he hadn’t done it, something worse might have happened.” Members of the family agree on details leading up to the tragedy. They say the father had been drinking heavily, and abused Mrs. Caskey when upbraided for buying liquor, when money was needed badly in the home. They also charge that a cup he threw struck Denvil, 13, another son. Other Livestock By United Press TOLEDO. July 3.—Hoes—Receipts, light; market, steady to 25c higher; heavies. $6.50@7; mediums. $7.25®’L40: Yorkers. $707.25 Vftigs. $707.40. Cattle—Receipts, light: market, slowk RH vws—Re ce ip ts. light, market, slow. Sheep—Receipts, light; market, steady. By United Press PITTSBURGH. July 3.—Hogs—Receipts. 600; weights under 160 lbs. around 25c higher: others, mostly steady; 170-220 lbs., $7.75@8; 220-250 lbs.. $7.3507.65: 250-306 lbs.. $6.7507.25; 130-160 lbs.. [email protected]; pies up to $8: packing sows, steady to 2oc higher; meduim to good sows. [email protected]. Cattle —Receipts, 50: market, nominally steady. Calves —Receipts. 100; market, steady; choice vealers up to $8; bulk medium and good. $4.50@7. Sheep—Receipts. 500: market, about steady: choice handyweight lambs, up to $7.50: light and medium weights down to $6; common and medium around $5. By United Press FT. WAYNE. July 3.—Hogs—Market. 15c higher: 100-140 lbs.. $7.15: 140-160 lbs.. $7.30; 160-180 lbs.. $7.40; 180-220 lbs.. $7.50: 220-220 lbs., $7.40: 22Q-240 lbs.. $7.25;. 240-260 lbs.. $7.15; 260-280 lbs., $6.90: 280300 lbs.. $6.70: 300-325 lbs.. $6.40; 325-350 lbs.. $6.15; roughs. $4.50; stags. $3.25; calves. $7: lambs. $6. By United Press EAST BUFFALO. July 3.—Hogs—On sale. 1,800; desirable 159-220 lbs., fairly active. 10®15c higher, $7.50; few, $8: others slow, steady; 230-260 lbs.. $7.25® 750; weightier kinds around $7; .pigs. $7.75 down. Cattle—Receipt:;, 300; mostly cows and low grade grassers: market slow, weak to 25c lower: plain grassy. $404.50; nutter cows. $1.2508. Calves —Receipts, 500; holdovers. 350; vealers draggy. weak to 50c lower; good to choice. [email protected]; common and 'mediums. $507.50: grassy kinds unsold. Sheep—Receipts. 700; holdovers, 500; lambs quality plain; no dependable outlet: early bids weak to lower: throwouts $5: best natives quoted, $7®7.50; Kentucky ewes and wethers. $8 and better. By United Press CLEVELAND, July 3.—Kogs—Receipts, 500; holdovers. 146; steady on desirable 160-230-lb. sorts at $7.65; heavier weights scarce; little Interest in plain Quality offered; bulk other kind unsold. Cattle— Receipts. 60: extremely narrow pre-holi-day trade; in fact Uttle done, on fairly liberal numbers holdover and fresh grass steers: cows and bulls also dull. Calves— Receipts. 200; bulk desirable vealers. $8.60 down; setady; dull on grass and weighty offerings, spots lower; few around s6® 6.50; grade common. Sheep—Receipts. 50: principally draggy holdovers on sale; $4 @5 cull and common kind predominating. Interest in Rate Decision By Times Special RICHMOND, Ind., July 3.—City officials here believe that a rate revision hearing for the Richmond municipal electric plant will be affected by a decision of the Indiana supreme court that such plants may be operated for profit.

We buy and sell U. S. Liberty Loan Bonds U. S. Treasury Certificates U. S. Insular and Territorial Bonds Indiana Municipal Bonds Indiana Gravel Road Bonds Federal Farm Loan Bonds Joint Stock Land Bank Bonds Fletcher American Company 41 North Pennsylvania. Street Afiliatsd with Tto ftxrcHn Ananas Ninon* Bamb

The City in Brief

Dr. Daniel C. Barrett, honor student in the 1930 graduating class of Indiana university medical school and interne in the city hospital this year, has been appointed resident physician of the Great Bethesda hospital in Cincinnati. Opening date for the annual model house exhibit sponsored by the Indianapolis Home Builders’ Association tentatively has been set for Sept. 5 The house was featured at the Realtors’ Home Show at the fairground in April and now is being built in Forest Manor, north of the city. Oswald Ryan, former prosecutor of Madison county, spoke today noon at the meeting of the Exchange Club at the Lincoln on “A Civic Plan for America.” BOYS LAUGH AT POUCEORDER Flout Edict by Setting Off Firecrackers. Terror that police strike into the hearts of many failed to overawe small boys who sneaked behind barns and down alleys today to explode firecrackers. Police Chief Mike Morrissey has ordered the arrest of all persons J 6 or over who can’t resist celebration of the Fourth before 4 a. m. Saturday. And youngsters are to receive a lecture when they are caught with the goods. Police Thursday and today made several runs to various parts of the city in their efforts to halt firecracker explosions. Majority of the times they arrived as small feet kicked up dust around corners. One boy was injured slightly Thursday afternoon when a can under which he exploded a cracker struck him on the arm. Morrissey said precautions will be taken Saturday to hold to a minimum accidents from fireworks. Shields Gets Editor’s Post PITTSBURGH, July 3. —Mark Shields, former political writer of the Pittsburgh Press, will become managing editor of the Washington Herald, a Hearst newspaper, it was learned today.

James T. Hamill & Company FrlfStf Wires t# AU tied leg Markets. Indianapolis MEMBERS Chicago Stock Exchange Chisago Board of Trade Indianapolis Board of Trade Associated New York Carb 203 Continental Bank Bldg. Tel. Blley 6499 Riley 5464

PAGE 9

CHICAGO CASH REPORTISSUED Mayor Makes Statement to Counteract Rumors. By Times Special CHICAGO, July 3.—Tha city of Chicago has over 58C,000,000 cash in various funds and holds in its traction fund approximately 40 per cent of the $153,000,000 tax warrants outstanding, according to a letter which Mayor Anton J. Cermak has addressed to the banking firm of Lehman brothers in New York and which was released for publication at noon today. Mayor Cermak stated that the purpose of his communication to the bankers was to correct in part the “tremendous amount of garbled, adverse publicity that the city of Chicago has been receiving in the public press for the last few years.” Legal Notices (Form of Notice of Abandonment of Pita to be published in New York. Phlla- > delphia and Indianapolis.) TO THE HOLDERS OF CERTIFICATES OF DEPOSIT FOR: CITIZENS' STREET RAILROAD COMPANY First Consolidated Mortgage 40Year 6% Gold Bonds, dated May 1. 1893. due Mav 1. 1933: INDIANAPOLIS BTREET RAILWAY COMPANY 4‘. i? General Mortgage Oold Bonds, dated May 3. 1899. due Jan. 1. 1933: INDIANAPOLIS TRACTION AND TERMINAL COMPANY First Mortgage Thir-ty-Year Gold Bonds, dated Jan. 1. 1903. due Jan. 1. 1933: BROAD RIPPLE TRACTION COMPANY 5% First Mortgage Gold Bonds, dated Aug. 1. 1899, due Jan. 1. 1933: INDIANAPOLIS TRACTION AND TERMINAL COMPANY Notes, dated May 19. 1919. due April 7. 1933: CLAIMS OF GENERAL CREDITORS against Indianapolis Street Railway Company: INDIANAPOLIS STREET RAILWAY COMPANY Preferred Stock: INDIANAPOLIS STREET RAILWAY COMPANY Common Stock: Notice Is hereby given that the undersigned. as Reorganization Manager under the Plan and Agreement, dated Sept. IS. 1930. for the Reorganization of Indianapolis Street Railway Company, has abandoned the entire Plan. Securities and claims deposited with Fletcher American National Bank of Indianapolis, Indanapolls. Indiana, as Depositary for the Reorganization Manager, may be withdrawn bv the holders of the Certificates of Deposit representing such securities and claims upon compliance with the provisions of said Plan and Agreements Securities represented bv Committees that have approved and adopted the Plan will remain on deposit with the Depositaries for such Committees under the particular Deposit Agreements contitutlng such Committees. unaffected bv the Plan except to the extent provided in the Reorganization Agreement: but bv virtue of the adoption of anew Reorganization Plan by said committees, such securities will be subject to withdrawal from deposit under said Deposit Agreements during a withdrawal period beginning simultaneously with the first publication of this notice. HALSEY. STUART & CO.. Incorporated. Reorganization manager. INDIANAPOLIS STREET RAILWAY REORGANIZATION NOTICE TO DEPOSITING BONDHOLDERS OF CITIZENS STREET RAILROAD COMPANY FIRST CONSOLIDATED MORTGAGE FORTY-YEAR 6% GOLD BONDS. 1. A second Plan and Agreement, under date of June 26. 1931. providing for the reorganization of the Indianapolis Street Railway, has been executed by the undersigned committee, bv other committees representing different securities, and bv Fletcher American Company. Indianapolis. Indiana, as Reorganization Manager. 2. Copies of said Plan and Agreement have been filed with the Security Trust Company, Indianapolis. Indiana, and with the Fidellty-Philadelphia Trust Company, Philadelphia, Pennsylvania, the two depositaries for said bonds named in the .Deposit Agreement, dated May 1. 1930. 3. Holders of said bonds, who have not yet deposited the same with either depositary above mentioned, mav make such deposit on or before October 1. 1931. 4. Holders of said bonds who have already deposited the same may exercise the right of withdrawal within three weeks from the date of the first publication of this notice, as provided for In Paragraphs Eighth and Ninth of said Deposit Agreement. Failure to make such withdrawal constitutes an assent to said Plan and Agreement. IRVING W. LEMAUX, JULIAN J. KISER. j q NEFF (Committee representing Citizens Flrat Consolidated Mortgage Forty-Year 8% Gold Bonds.) SMITH. REMSTER. HORNBROOK is SMITH. Counsel. Indianapolis. Ind. JOHN E. OHLEYER. Secretary. 128 East Washington street. Indianapolis. Ind. INDIANAPOLIS STREET RAILWAY REORGANIZATION. NOTICE TO DEPOSITING BONDHOLDERS o?- Indianapolis street RAILWAY COMPANY GENERAL MORTGAGE 4% GOLD BONDS. 1. A second Plan and Agreement, under date of June 26. 1931. providing for the reorganization of the Indianapolis Street Railway, has been executed by the undersigned committee, by other committees representing different securities, and by Fletcher American Company. Indianapolis. Indiana, as Reorganization Manager. 2. Conies of said Plan and Agreement have been filed with the Indiana National Bank. Indianapolis. Indiana, and with the Provident Trust Company. Philadelphia. Pennsylvania, the two depositaries for said bonds named in the Deposit Agreement, dated Mav 1. 1930. 3. Folders of said bonds, who have not yet deposited the same with either depositary above mentioned, mav make such deposit on or before October 1, 1931. 4. Holders of said bonds who have already deposited the same mav exercise the right of withdrawal within three weeks from the date of the first publication of this notice.#as provided for In Paragraphs Eighth and Ninth of said Deposit Agreement. Falure to make such withdrawal constitutes an assent to said Plan and Agreement. GAVIN L. PAYNE. R. MALOTT FLETCHER. CARL W. FENNINGER. (Committee representing Indianapolis Street Railway Company General Mortgage 4% Gold Bonds.) WM. W. MILLER. Secretary. 307 Continental Bldg.. Indianapolis. Ind. PICKENC. DAVIDSON. CAUSE. GILLIOM & PICKENS. Counsel for Committee. Indianapolis. Ind. INDIANAPOLIS STREET RAILWAY R&ORGANIZATION. NOTICE TO DEPOSITING BONDHOLDERS OF INDIANAPOLIS TRACTION AND TERMINAL COMPANY FIRST MORTGAGE THIRTY-YEAR 5% GOLD BONDS. 1. A second Plan and Agreement, under date of June 26. 1931. providing for the reorganization of the Indianapolis Street Railway, has been executed by the undersigned committee, bv other committees representing different securities, and by Fletcher American Company. Indisnsaolls. Indiana, as Reorganization Manager 2. Copies of said Plan and Agreement; have been filed with the Fletcher American National Bank. Indianapolis. Indiana, and with the Pennsylvania Company for Insurances on Lives and Granting Annuities. Philadelphia. Pennsylvania, the two depositaries for said bonds named in the Deposit Agreement, dated May l, 2830. 3. Holders of said bonds, who have not yet deposited the same with either depositary above mentioned, may make such deposit on or before Oct. 1. 1931. 4. Holders of said bonds who have already deposited the same may exercise the right of withdrawal within three weeks from the date of the first publication of this notice, as provided for In Paragraphs Eighth and Ninth of said Deposit Agreement. Failure to make such withdrawi constitutes an assent to said Plan and Agreement. DEPOBITAHiFS— The Fletcher American National Bank of Indianapolis. Indianapolis. Indiana. The Pennsylvania Company for Insurances on Lives and Granting Annuities. Philadelphia. Pa. ROY C. SHANEBERGER, GEO. B. ELLIOTT. ARTHUR V. MORTON. (Committee representing Indianapolis Traction it Terminal Company First Mortgage Thirty-Year 5% Oold Bonds.) JULIAN C. RALSTON. Counsel. Indianapolis. Indiana. THOMAS 8 HOOD. Secretary. F. O. Box 1155, Indianapolis. Indiana. INDIANAPOLIS STREET RAHWAY RBORGANIZATION. NOTICE TO DEPOSITING STOCKHOLD1. A second Plan and Agreement, under date of June 28. 1931, providing for the reorganization of the Indianapolis Street Railway, has been executed by the undersigned committee, by other committees representing different securities, and by Fletcher American Company. Indianapolis. Indians, as Reorganization Manager. . 2. Copies of said Plan and Agreement have been filed with The Indiana National Bank. Indianapolis. Indiana, the depositary for said preferrad stock named the Deposit Agreement, dated May I. 3. Holden cf said preferred stock, who have not yet deposited the same with the, depositary above mentioned, may stake such deposit on or before Oct. 1. :.93L 4. Holders of said preferred stock who have already .deposited the same may exercise the right of withdrawal within three weeks from the date of the first publication of this notice, as provided for In Paragraphs Eighth and Ninth of said Deposit Agreement. Failure to make such withdrawal constitutes an assent to said Plan and Agreement. W^D&L W S A i&^ R. W. WATTi (Committee representing Tndlanaeotla Street Railway Company •% preferred stock.)