Indianapolis Times, Volume 43, Number 49, Indianapolis, Marion County, 7 July 1931 — Page 12
PAGE 12
STOCK SHARES WEAKEN AFTER INITIAL UPTURN Entire List Moves Down When Selling Hits Leaders.
Average Stock Prices
Average of thirty Industrial* for Monday was 152 80. ofT 2.46. Average of twenty rails was 85.22. off .91. Average of twenty utilities was 61.65. off .59. Average of forty bonds was 95 88. up .10. BY ELMER C. WALZER United Tress Financial Editor NEW YORK. July 7.—Selling came into the stock market today, after there had bfen an initial rise due to successful conclusion of the war debt negotiations, and at noon prices were off 1 to 5 points. The decline on the New York stock market followed dips on foreign bourses, although on the latter closing prices generally were higher. Trading was more active than recently, although on the decline volume showed up considerably and around noon tickers were barely moving. Leaders Show Losses Wildest declines were made by the leading stocks. Steel common which touched 104>4 was down to 101%, ofF 2 points net at 11:50 a. m. American Can broke more than 2 points from its high to 111, off 114; Vanadium dropped 2 points from its high and Westinghouse Electric more than 3 points. J. I. Case was a weak feature. The issue touched 9014 in the early trading and around noon it was down to 83%, off 514 points net. The group recently responsible for carrying the stock to new highs on the movement was said to be liquidating its holdings. Entire List Weak Selling was noted in all sections of the list, including the rails which ■were down fractions to 4 points, New York Central being heaviest loser. Coppers dipped with Anaconda at 28, off 1%. Oils held fairly well, with Standard of New York showing a small gain. In the utility division American Telephone and American & Foreign Power lost 2 points each while others wore down fractions to more •than a point.
Bank Clearings
INDIANAPOLIS STATEMENT —July 7 Clearings $4,439,000.00 Debits 7.529.000.00 CHICAGO STATEMENT —July 7 Clearings $62,600,000.00 Balances 7.500.000.00 TREASURY STATEMENT f —July 7 Net balance for July 3 $448,047,971.70 Expenditures 13.311.662.31 Customs rccts. mo. to date.. 3.156,529.84
New York Curb Market
(Bv Thomson & McKinnon) —July 7 11:301 11:30 Alum Cos of A 143 Mead Johnson.. 89’4 Am Cynamid B'i Midwest Ut ... 18Vi Am Gas & El.. 71'4‘Mo Kan Pipe... 5'4 Am Sup Pwr.. 12VNat Fain Stores 4% Ark aGs A 4%jaNt Inv 4% Ass Gas & El A 14'4!Newmont Min.. 35 Eras Pwr ft Li 23V Nia Hud Pwr.. 11% Can Marc 3 (Penroad 6% Cent Sts Elec.. 8 ISt Bigls Paper. 13% Cities Serv ... 12% Sel Indus 3% Cons Gas Balt 89VSo Uinon Gas.. 8% Cord 9% Std of Ind 27% Deere &Cos ... 30 iStd of 0hi0.... 43% Elec Bnd Sh.. 44%|Stutz 16% Ford of Emr... 13% Un Gas 7J4 Goldman Sachs 6% Un Lt St Pwr.. 22% Hudson Bay .. 5 Un Verde 12% Humble Oil ... 66% Ut St Indus.... 6% Imp Oil of Can 13%jUt Pwr <B) 9% Insull Ut 33 Vacuum Oil ... 43% Int Pete 12 United Fndrv.. 5% DEFENDS ZIONIST POLICY Or. Chaim Weizmann Takes lip Fight at Basic Parjey. BASLE, Switzerland, July 7.—Dr. Chaim Weizmann, storm center of the seventeenth Zionist congress, prepared today to defend his policy of “political parity with the Arabs” in Palestine. Dr. Weizmann, resigned head of the Zionist organization, defended his opening speech to the congress. 1 COUNCIL BESTS MAYOR Richmond Executive Fails in Move to Abolish Committee. By United Press RICHMOND. Ind., July 7.—The Richmond city council defeated an effort of Mayor W. B. Harris to bring about the resignation of C. G. Hess, municipal light plant superintendent, and to abolish the special council committee acting as a water works board. Mayor Harris would have had power to appoint three persons, not members of the council, to the water works board, had his proposal been adopted. ' A resolution, introduedr by the public utilities committee, directing the special committee to let contracts for two boilers in the light plant, also was tabled by the council. Mayor Harris previously had announced he would not sign the contracts. contending that new bids should be advertised for in an effort to obtain lower prices. $500,000 TO BE SPENT South Bend City Council Approves Track Elevation Program. By United Press SOUTH BEND, Ind., July 7. Track elevation projects in South Bend will begin at once, following approval by the city council of a bond issue for $590,000. Os the amount, $500,000 will be used for the improvement work and the re- • mainder will be divided among the police, fire, engineer and electrical departments for equipment. Action on a proposal to erect a sewage disposal plant and a sanitary district, to cost $2,500,000, was deferred. PUBLISHER DIES AT 52 Greencastle Herald Head Started as Newspaper Carrier Boy. By United Press GREENCASTLE, Ind., July 7. Charles J. Arnold, 52, owner and publisher of the Greencastle Herald since 1906, died Monday night. He served as secretary of the Indiana Democratic Editorial Association. His newspaper career started as a carrier of the Kansas City Star. He leaves his widow, formerly # Mabel Herring, Kansas City, and three sisters.
New York Stocks rßy Thomson * McKinnon ——
—July 7 Railroad*— Frey. High. Low. 11:30 close. Atchison 1691* 168 168 168% Balt ft Ohio 62% 62Vi 62% 61% Chesa ft Ohio.. 38% 37'/i 37% 38 Chesa Corp ... 42 40 % 41 41 Chi Grt West 7% w 7% Chi N West .... 34 33% 33% ... CRI 8c P .... 46% 46 46 46 Erie 25% 25 25 25% Erie Ist pfd 35% Oreat Northern 51% 51% M K ft T 16% 16% 16% 16% ! MO Pacific 29% 28% 28% 38% IMo Pacific pfd 72% 73 N Y Central ... 94% 92% 92% 93% I NY NH <se H 76% Nor Pacific ... 44 42% 42% 43 Norfolk & West 175% ... O ft W 11% Pennsylvania ... 50 49 49 49V* Seaboard Air L % % So Pacific .... 86 85 85 85 Southern Ry 35% 35 53 36% St Paul 6% 6 St Paul pfd 10% 10% St Lft 8 P 21% 21 21 21 Union Pacific 168% Wabash 15% W Maryland... 14% 14 14 13% Eaoipments— Am Car ft Pdy ... ... 19% Am Steel Fd 18% 18% 18% 18 Am Airbrake 8 31% Gen Am Tank.. 81 Vi 60Vi 60% 61% General Elec 45 44 44 44% Lima Loco 25% Press Stl Car 4% Pullman 39% 39 39 39 Westlngh Alrb 26% Westlngh Elec.. 73 70% 71 71% Rubbers— Fisk ... % % Goodrich 13% 13% 13% 13% Goodyear 42 40V* 42 41 Vs Kelly Sprgfid.. 2% 2% 2% 2% U 8 Rubber.... 16% 16 16% 15% Motors— Auburn 192'% 185% 185% 188 Chrysler 24% 23% 23% 24% Gardner % .. Graham Paige.. 4 3% 4 3% General Motors. 39% 39% 39% 391% Hudson 15% 1514 Mack 33 32% 32% 32% Marmon 4% 4% 4% ... Nash 30% 30% 30% 30% Packard 8 7% 7% . Red gy Studcbaker 19% 19 ig 19% Yellow Truck .. 9% 9% 8% 9% Motor Access— Bendix Aviation. 21 Vi 20% 21 31% Borg Warner .. 20'% 20 20 19% 2 r, ?? 5 ,.-h"V- 14 ' f * 14, ' uv * 1* Budd Wheel 9% . Eaton 17% 16% 17 is% Houda 5% 5% Sparks W 8% Stewart Warner 12% 12% 12% 12% Timktn Roll .... 40 39% 40 39 Mining— Am Metals 13% 13% 13% 13% Am Smelt 38% 38% 38% 38 V* Am Zinc 6 . Anaconda Cop... 30% 29% 29’% 29% Cal ft Hecla 7% 7% Cerro de Pasco 20% 20 20% . Dome Mines 11% ii% Freeport Texas.. 28% 28% 28% 28' Granby Corp 15 Great Nor Ore 19% Howe Sound 21% 22' Int Nickel 16% 15% 15% 16 Inspiration .... 8% •8% 8% 8 Kennecott Cop.. 22% 21 21% 21VI Magma Cop ... ... igi, 2 Miami Copper 7 o% Nev Cons n n% Texas Gul Sul.. 37% 36% 37 36% U S Smelt 18 % 18 18 Oils— Amerada 20 Atl Refining... 16% 15% 15% ... Barnsdall 8% 8% 8% 8% Houston 9% 9% 9% 10 Ohio Oil 11 10% 11 10% Mex Sbd 16Va 16% 16% 16 Mid Conti 10 10 Phillips 8% Pr Oil & Gas 10% Pure Oil 8 Royal Dutch 32 Shell Un 7% 7% Sinclair 11% n% 11% n Skellv 5% Standard of Cal 38% 38 38 38 % Standard of N J 39% 39% 39% 39% Standard of N Y 18% 17% 17% 17% Texas Cos 24% 24 24% 23% Union OU 18% Steels— Am Roll Mills. 23% 23% 23% 23% Bethlehem 53% 52% 52% 52% Byers A M 37V* 37% 36% 36% Colo Fuel 15 Crue Steel 46% Ludlum 12% ... Newton 12% 12% 12% 12 Repub I& S ... 16V. 16% 16% 16% U S Steel 104% 103% 103% 103% Vanadium 35% Tobaccos— Am Tob A (new) 120 120 Am Tob B (new) 125% 125 125 124% Llg & Myers 8.. 77% 76% 76% 77% Lorillard 19% 19% 19% 19% Reynolds Tob ... 51% 51% 51% 51 Vi Tob Pr A 11 Tob Pr B 2% Utilities— Abitibi 5 4% Adams Exp ... 16V* 16% 16V* 16% Am For Pwr 37% Am Pwr ft Li.. 41% 40Vi 40% 40 AT ft T 183 182 183 182 Col Gas ft El.. 34V* 34 34 34 Com ft Sou 9 8% BVi 8% El Pwr & Li.. 44% 43% 43% 42% Gen Gas (A).... 5% 5% 5V* 5 Inti Tft T 36% 36 36% 35% Natl Pwr & Li.. 28% 27% 27Va 27Vi No Amer Cos ... 73 72 72% 71% Pac Gas & E! 48 48 Pub Serv N J.. 86% 85% 85% 85 So Cal Edison 45% 45% Std G ft El 69% 68Vi 68% 68 Vi United Corp 25 24% 24% 24% Ut Pwr & L A.. 24Vi 24% 24% 24% West Union 118 117% Shipping— Am Inti Corp.. 16% 15% 15% 15% Inti Mer M pfd. 9% 9Vi 9% 9% United Fruit 59 57 Foods— Am Sugar 55Vi 54% Armour A 2% 2% Can Drv 43 41% 41% 41% Childs Cos 22% Cont Baking A 16% 15% 15% 15% Corn Prod 74% 73 73 72% Gen Foods 49% 49% 49% 49% Hsrshev ... 96 95% Jewel Tea ... ... 45 Kroger 29% 29% 29% 29% Nat Biscuit 59% Pillsburv 30% Purity Bak 32% 32 32% 32 Safeway St 55 Std Brands 18% 18% 18% 18% Ward Bkg 4 Drugs— Cotv Inc ~ 9% 9% Lambert Cos 70% 69% 69‘/a IOVi Industrials — Am Radiator... 14% 14% 14% 14 Certalnteed 5% 5% Gen Asphalt... 26 25% 25% 25 Lehigh Port , U% Otis Elev 39% ... Amcd U *Chem m Vr.l3l%. 129% 129% 130 Un“n So Carb.:::: 54% 53 vt 53% 53% U S Ind Alco.. 32% 31 31 j 2% Retail Stores— Assoc Dry Gds 22Vi 22 Glmbel Bros ... 6% Kress* S S 27 27 Vi Mav D Store.... 37 36H 36% 36% Mont Ward 22% 21% 21% 21% Penny J C ..... 35 34% 35 34% Schulte Ret St ~ 8% 8 Sears Roe 57 Vi 56% 57% 56% Woolworth 71% 70% 70% 70Vi Amusements— Bruns Balke ... ... 10 Col Granh ... ll 10% 10% 10% Crosley Radio 4% ... Eastman Kod ..152% 149% 149% 150 Fox Film A 20% 20 20 20 V 4 Grigsby Gru ... 3% 3% 3% ... Loews Inc 45% 46 Param Fam ... 27% 26% 26% 27% Radio Corp 21% 21% 21% 20% R-K-O 16% 16 16 16 Warner Bros .. 8% 8 8 BV' Miscellaneous — Airwav App 5 City Ice ft Fu 31 Vi Congoleum 11% 11% 11% 11% Am Can 113% 111% 111% 112% Cont Can 53 s * 52% 52% 53 Curtiss Wr 3% 3% 3% 3% Gillette S R 23% 22% 23 23 Real Silk 8% 8% Un Arcft 31% 29Vi 29% 30% nit, Harv 47% 46 46 46
Investment Trust Shares
(By Gibson ft Bernard) PRICES ARE TO 12 NOON C. S. T. —July 6 Bid. Ask. Amer Found’s Corp com 3% 3% Am & Gen Sec A 13 ... Amer Inv Trust Shares 4% 5% Basic Industry Shares 5% 5% Corporate Trust Shares 4% 5% Cumulative Trust Shares 6% 7% Diversified Trustee Shares (A) 16% ... First American Corp 7 s * 8% Fixed Trust Oil Shares 3% ... Fixed Trust Shares (A) 13% ... Inv Trust N Y 6% 7% Leaders of Industry Series A. 7% ... Nation Widp Securities 6% 6% National Industry Shares 5% 5% No Amer Trust Shares 4% 5 s * Sel Amer Shares 4% 5% Shawmut Bank Inv Trust.... 7 9 Universal Trust Shares 5% 5% Super Corn of Am T Shares A 6% 6% Fundamental Trust Shares A 6% 7 Fundamental Tr Shares A.... 6% 7% U S Elec Light & Pwr A 29 31
New York Bank Stocks
(By Thomson & McKinnon) —July 6 Bid. Ask. America 48 49 Bankers 95 98 Brooklyn Trust 432 443 Central Hanover 229 234 Chase National 77V* 80% Chatham Phoenix Natl... 65 68 Chemical 47% 49% Cttv National 89 92 Corn Exchange 100 104 Commercial 250 260 Continental 21% 24% Empire 47% 50% First National 3.52* 3.725 Irving 33% 35% Manhattan ft Cos 76% 79% Manufacturers 45% 47% New York Trust 147 152 Public 51 54 RAW SUGAR PRICES —July 6 High. Low. Close. January 1.44 March 1.48 1.46 1 46 May * 1.53 1.52 1.52 July ... 1-31 1.29 1.31 September 1.34 1.33 1.34 December 1.41 1.49 1.41 ■ >' (
GRAIN FUTURES UP UN STRONG FOREIGN NEWS French Acceptance of War Debt Plans Bullish in Effect. BY ELMER C. RAINVILLE United Press Staff Correspondent CHICAGO, July 7.—Wheat prices scored a major fractional rise on the Board of Trade at the start today under the stimulating effect of the acceptance of the Hoover moratorium plan by France. Overnight buying orders and short covering ran the market up sharply, but at the top selling appeared and the advance was halted. Strength at Liverpool was a factor, a better demand and the improved world financial situation affecting the English market. Corn gained with wheat, but there was selling on the rise. Oats were firm with the major grains. At the opening wheat was % cent to % cent higher, corn was % cent to % cent up and oats weVe unchanged to % cent higher. Provisions were steady. Liverpool Advances Liverpool was higher than expected and advanced % cent by mid-afternoon. Sentiment was somewhat more mixed after the close Monday. The surprisingly small hedging pressure is having some effect, although a department of agriculture report that the northern hemisphere, exclusive of Russia and China, would produce a 3,081,000,000-bushel crop as compared with 2,870,000,000 bushels last year fell flat. Nor did the report that the farm board had no intention of selling its grain at the prevailing prices stimulate trade. Arrival of 8,638 cars of new wheat Monday was the largest single day’s receipts ever known. July Com Congested Congestion is becoming more apparent in July corn and the nearby month seems to be controlled by a score of leading local professionals. The failure of the country to sell cash corn, despite the large premium over September, is attracting considerable attention. Crop prospects look excellent. The weather was clear and cool last night. Scattered liquidation was on in oats Monday, but there was buying on resting orders, apparently for investment. Chicago Grain Range —July 7 WHEAT— prey. „ , High. Low. 11:00 close. July 56 Vi .56V* ,56V*. .55% Sept 56% .56% .56% .56% d corn— “* ' 6l 51 “* July 0% .59% .60% .59% Sept 55% .55% .55 Vi .54% Dec 49% .49 .49% .48% OATS— July 27% .27% Sept 28% .28 .28% ,27V* Dec 31% .31% .31% .30% RYE— July 36% .3 5Vi Sept 39 % .38% Dec... 43% .43 % .43% .42% LARD— July 8.22 8.12 8.22 8.12 Sept 8.25 8.17 Oct 8.25 8.20 8.25 8 25 By Timet Special CHICAGO. July 7.—Carlots: Wheat, 395: corn. 195: oats. i4; rye. 4. and barley. 30.
Produce Markets
Eggs (country run)—Loss off delivered In Indianapolis. 12c; henerv quality. No. 1. 14c: No. 2. 9c. Poultry (buying prices)—Hens weighing $ lbs. or over. 16c: under 5 lbs.. 15c; Leghorn hens. 12c: 1930 broilers, full feathered 2 lbs. and up. 23c; under 2 lbs., 20c; bareback. 12c: Leghorn broilers. 18c: ducks. 9c: old cocks. B@9c: ducks, full feathered, fat whites. 9c; geese. 6c. These prices are for No. 1 top duality, auoted bv Kingan <St Cos. Butter (wholesale)—No. L 27®28c; No. 2 25®26c. Butterfat—24c. Cheese (wholesale selling price per pound)—American loaf. 22c: pimento loaf. 24c; Wisconsin firsts. 17%c: Longhorns. 17%c; Longhorns. 17%c; New York 11mberger. 30c. By United Press NEW YORK. July 7—Potatoes—Market steady; southern. 1.25®2.50 barrel; Canada. [email protected] barrel. Sweet potatoes —Steady; Jersey baskets. $2®3.50; southern baskets. $2®3.50. Flour—Market dull; spring patents, [email protected]. Pork—Market. quiet and steady; mess, $23. LardMarket, firm; mlddlewest spot. ,084®.085 lb. Tallow —Market, quiet: special to extra. 3%®3%c. Dressed poultry—Market, easier; turkeys. 25®46c; chickens. 23@38c; fowls. 12®24c- Long Islands ducks. 15® 18c, Live poultry—Market firm; geese, io @l2c; ducks. 13®21c; fowls. 17®20c: turkeys, 12@25c; roosters. 12@13c; broilers. 22®34c. Cheese—Market. quiet; state whole milk, fancy to special. 13®23c; young Americas. 14%®19%c. By United Press CHICAGO. July 7.—Eggs—Market steady to firm; receipts, 10,797 cases: extra firsts. 18c; firsts. 16%c: current receips, 14V 2 c; seconds. 12%c. Butter—Market, firm; receipts. 19,253 tubs: extras. 24; extra firsts. 22® 23c: firsts. 21®21%c; seconds. 19® 20c: standards, 24c. Poultry—Market steady: receipts. 1 car; fowls. 18c; springers. 28c; Leghorns. 13c; ducks. 12c; geese, 10c; turkeys, 15@18c; roosters. 12c; broilers, 2 lbs.. 28c; broilers, under 2 lbs.. 24c; Leghorn broilers. 17®20c. CheeseTwins. 12%®13c; young Americas. 13V,® 13%c. Potatoes—On track. 190; arrivals. 55; shipments. 584; market. steady to strong; Oklahoma triumphs mostly $2.25; Virginia cobblers. $2.80®2.85. By United Press CINCINNATI. 0.. July 7.—Butter steady; creamery in tub lots, according to score. 22®24c: common score discounted. 2@3c; packing stock No. 1. 18c: No. 2. 15c: 'No. 3.8 c: butterfat. 20C22c. Egg—Steady; cases Included: extra firsts. 19c: firsts. 14'c; seconds. 12c! nearby ungraded. 15%c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over, 17%c: 4 lbs. and over. 16c: 2 lbs. and over. 13c; Leghorns. 3 lbs. and over, 13c; roosters. 10c: broilers, colored. 1 lb. and over 22c: 1% lbs. and over. 26c: 2 lbs. and over. 28c; frvers. 3 lbs. and over. 28c; partly feathered, 15®20c: Leghorn broilers. 1 lb. and over. 20c; 1% lbs. and over. 22c; 2 lbs and over. 24c: black springers. 20c.
Local Wagon Wheat
City grain elevators are paying 40c for No. 1 red wheat and 38c for No. 1 hard wheat LIQUOR TEST VOTE IS URGED BY JUDGE Wickersham Commissioner Is for Referendum if Enforcement Lags. By United Press LOS ANGELES, July 7.—Unless prohibition enforcement is improved within the next twelve months, the question should be submitted to u vote in a national referendum, Federal Judge Paul J. McCormick, member of the Wickersham commission, said today. Judge McCormick returned here today after completing his work on the law enforcement body appointed by President Hoover. “I have always been in favor of determining majority sentiment on the question. Such a course would be helpful to congress," Judge McCormick said. Baseball Injures Negro Woman A liner from the bat of Jim Taylor, 45, Negro, 451 West Twelfth street, during a ball game at Washington park Monday struck Mrs. Lena Johnson, 29, Negro, 1222 Cornell avenue, UUthe eye. She is in city hospital * •
THE INDIANAPOLIS TIMES
Dow-Jones Summary
Domestic crude oil output In week ended July 4, averaged 2,483.425 barrels dally, an Increase of 3i,954 barrels dally over previous week, according to Oil and Gas Journal. General Cigar Company declared a regular quarterly dividend of 61 on common stock, payable Aug. 1 of record July 17. New York cables opened In London at 4.86 21-32 against Monday's close of 4.86 9-16; Pans checks, 124.23: Amsterdam, 12.087; Italy. 92.945; Berlin, 20.505. Broad Str-st Investing Company net assets as of June 30. equaled $23.56 a share, against $23.60 on Dec. 31. 1930, and $27.29 on June 30. 1930. June gross of Chicago Burlington & Quincy Railroad Is estimated about $9,333.000 as compared with actual gross of $lO,897,419 In like month of 1930, an Indicated Increase of $1,564,000, or 14.3 per cent. National Tea Company June sales $6,260,040, a decrease of 7.S per cent from year ago. Six months sales $38,660,864, a decrease of 10.3 per cent. St. Louis Southwestern Railway June gross $1,818,400. against $2,146,926 In June, 4930. Six months $9,349,672. against $11,923,407. Capital Administration Company net assets as of June 30 equaled $3,141 per SI,OOO debenture bond, $98.76 a preferred share and $15.17 a class “A’ f share, against $2,262, $105.13 and $22.15, respectively. a year ago. Rexhsbank to use $50,000,000 credit obtained by Gold Discount bank from United States groups. Atchison loadings week ended July 4 were 38,833 cars, against 42,650 in like week of 1930. Federal reserve boards statement of member banks In leading cities on July 1 shows decrease for week of $143,000,000 in loans and investments $402,000,000 in net demand deposits and a decline of $41,000,000 in Jforrowings from federal reserves. Ratio of New York Stock Exchange member borrowings on security collateral July 1 at 2.98 per cent of market value of all listed shares, new low record, against 3.37 per cent June 7. Market value of all shares listed amounted to $47,417,147,581. against $42,533,985,679 on June 1. In the Air Weather conditions at 9 a. m.: Southwest wind seyen miles an hour; temperature, 77; barometric pressure, 29.93 at sea level; ceiling unlimited; visibility, fifteen miles; field, good. 14 Still in Tour By United Press BRADFORD, Pa., July 7.—With Pittsburgh the next objective of the seventh annual national air tour, the fourteen pilots still competing for the $12,000 in prize money and the Ford trophy, left here this morhing at 9. The air caravan will continue to Wheeling, W. Va., for the night after a short stop in Pittsburgh. Harry L. Russell, present holder of the Edsel Ford reliability trophy, has continued to build up his lead. Chicago Stocks Opening (By James T. Hamill & Cos.) —July 7 Bendix Avia... 21%lMid United com 18% Borg Warner.. 20%!M0 Kan Pi Lne 5% Central 111 20% Middle West 18% Cent Pu Serv A 13% Nat’l Sec com.. 4% Cord Corp 9Vi N Am P & L.. 68% Cont Chi cony.. 5% Nat'l Std 29 Comm Edison .208% Sbd Util 3% Cheo Sec 16VllSwift & Cos 26% Grigsby Grunow 3% I Swift Inti 35 Gt Lks Arcft.. 4%1u SR A Tel.. 26% Elec Hshld 18%|U S Gypsum.... 40 Insull com .... 33%jUt ft Indus pfd. 17% InsUll 6s '40... 86%IWalgreen Strs.. 20 Births Girl* Charles and Elsie Meranda, 637 East Fifty-sixth. Harley and Julia Blair, Coleman hospital. Alfred and Ida Boat, Coleman hospital. William and Hilda Hinton, Coleman hospital. Elroy and Bernice Langlot::, Coleman hospital. Lowell and Verna Laughlin. Coleman hospital. Eugene and Carrie Pauley, Coleman hospital. Everett and Charlotte Robbins, Coleman hospital. Phillip and Eleanor Ross. Coleman hospital. hospi'taJ 1 ' and Lottie Thomas, Coleman ho? e i°ai e and Hazel Darnell > Methodist purvey and Inez Harper, Methodist hoshospftal and Catherlne Tucker. Methodist hospital* and EUzabeth iee > Methodist York r ° ld Bnd Edna Hoard ’ 1102 East New Charles and Ruth Bernes, 1127 Holliday. Wayne and Reba Haviland, 911 Mills tlmo? e ard and Mar Jorie Kin S. 42 34 BalGeorge and Alice Jones. 2844 Highland Wes n t a Thlrt e !nth Hannetta Colema n. 420 E?fn and %SBs2^ l MgZ3g2 Vandlman. Margaret Taylor, iffjj Walnut® 5 and Irene Harrell ' 2420 West Vernon and da Holt. 2323 Churchman 01H a er m and Marie Davis - 1354 West riah Hutchinson, 920 Camp Tnh enC o e v,/? n l Lottie Johnson, 853 River Tentli and ° ra Janklns - 1818 West Tremont. and Freda Norrls ’ 1133 South Holmes? W Bnd 11084 Gabriel - 147 North Lytle and Elma Roberts 419 Tin™,, xSarssm® ™* smstsm and Mary Graham, Coleman hosoit F< L 6St and Llllian Green. Coleman hosman ai hosDital H3ZCI Hollln ™worth. Colepital.arleS and Myrtle Leslie - Coleman hospital"® 11 Bnd 1011186 Nim Gorman hosDiUi mer and Maude Thomas. Coleman hoshospitai and GayneUe Metzger. Methodist hospital? 11 “ nd B6ulah Beck - Methodist piUlf 16 and BeUla Wllson ' Methodist hosdlstohospitaLd LUlian Shortrldge - Methodist 6 hosoital and Kathreine Gramer. Methoho J snft| 8 and He!en Bridges. Methodist hoffil” Bnd Helea Hobn - Methodist Pital 6U Bnd Edna Brown - Methodist hosTuxedo &nd Bessie Roberts. 1021 North tlari' 3 hostfita?' l Mlldred Van dercook. ChrisAlabama m and Eyal!ne Coons. I*o7 South Colorado 16 * 6nd MafV Cain ' 1217 Nor th Prospect 3nd Helen Mendcnhal! - 1514 side l!6n 3nd ollncrnla Oliver. 2811 HillsotaUb Bnd Roda R hem - 3166 East Mlnr.eman° Td * nd 101111 plnner< 1801 Churchu Henry and Newata Ford. Coleman hosDeaths myocarditis*®** M * City hospitaI ' chr onic bospftiuf mastoiditis. Fisher * 4 ' Florence Ellen Sanders. 64. 4239 Boulevard Place, chronic myocarditis. Barbara Winchester. 78. Methodist hospital. hypostatic pneumonia. Cager Smith. 54. 939 West Vermont, diabetes mellitus. Laura McCullough. 58. 908 West Twen-tv-ofurth. mitral insufficiency. William O. Kenvon. 52. St. Vincent’s hospital, lobar pneumonia. Amanada Stallings. 68. 722 East Tenth hypostatic pneumonia. Jasper James Stephens. 75. 2434 North Gale, chronic nephritis. Ruth Ann Russell. 3 mo.. 2423 Earnes, broncho pneumonia. Rondel Elmo Morris. 14. St. Vincent's hospltaL cerebrospinal meningitis. Carrie Dugle. 69. 832 Berwyn, cerebral hemorrhage. Hannah E. Clark. 78. 1314 Parker, arteriosclerosis. Bessie Irene Sage. 80. 44 North Boßon. chronic endocarditis. James Watt Warman. 79. 643 Eastern, chronic mvocardiits. Theodore Dinwiddie. 24. 214 Indiana, pulmonary tuberculosis. Odessa EUzabeth Snodgrass. 49. Methodist hospital, uremia. James Sims. 69. city hospital chronic myocarditis. Elmer Horman. 33. Methodist hospital, acute appendicitis. Charles Yost. 56. city hospital accidental. Edwin M. Davidson. 68. St. Vincent's hospital accidental. Minnie Deppert. 63. Long hospital, carcinoma. Clyde MeCool. 13. city hospital, eerebro (Pinal meningitis.
LIGHT DEMAND FORCES SWINE PRIGESLOWER Cattle and Calves Steady to Strong; Sheep Sell Up. June Bulk. Early Ton. Receipts 29. $6.90® 7.60 $7.65 5,500 30. 6.65® 7.35 7.35 7,000 July 1. 6.65(3 7.35 7.35 3.500 2. 6.80® 7.45 7.45 2.500 3. 7.00® 7.65 7.65 2,500 6. 6.90® 7.55 7.55 8.000 7. 6.60® 7.50 7.50 5,000 Lack of demand and somewhat heavy receipts united to force hog prices 5 to 40 cents lower this morning at the city yards. Weights under 240 pounds declined from 5 to 15 cents with others oS 15 to 40 cents. The bulk, 140 to 300 pounds, sold for $6.60 to $7.50. Receipts were estimated at 5,000; holdovers were 912. In the cattle market slaughter classes were fairly active, the market steady to strong. Receipts were 900. Vealers held steady at $7 down. Calves receipts numbered 700. Sheep were strong to 25 cents higher with the bulk of lambs selling at $6.50 to $7.75. Top price paid was SB. Receipts were 1,500. Chicago hog market mostly irregular with a few early sales on best light and medium weights around steady with Monday’s average. Choice hogs scarce. Good to choice hogs weighing 170 to 220 pounds sold at $7.35 to $7.40, while choice porkers were bid at $7.45. Cattle receipts were 4,500. Calves, 2,000, market steady. Sheep receipts, 11,000, and steady. HOGS Receipts. 6.000; market, lower. . „ —Light Lights—-(l4o-160) Good and choice...s 7.00® 7.25 „ —Light Weights-^-(160-180) Good and choice... 7.50 (180-200) Good and choice..;. 7.50 —Medium Weights—-(22o-220) Good and choice... 7.25® 7.40 (220-250) Medium and g00d... 6.90® 7.25 —Heavy Weights—-(2so-290) Medium and good.. 6.60® 7.00 (290-350) Medium and good.. 6.25® 6.60 Packing Sows (275-5001 Medium and good.. 4.00® 5.00 (100-130) Slaughter nigs 6.75® 7.00 CATTLE (Slaughter Class) Receipts, 900; market, steady. —Steers— Good and choice $ 7.00® 8.50 Common and medium 5.00® 7.00 (1.100-1.500) Good and choice 6.75® 8.25 Medium 5.50® 6.75 i —Heifers—-(soo-850) Good and choice 7.00® 8.25 Common and medium 4.50® 7.00 —Cows— Good and choice 4.00® 5.00 Common and medium 3.00@ 4.00 Low cutters and cutters 1.50® 3.00 —Bulls (yearlings excluded)— Good and choice beefs 3.50® 4.25 Cutter, common and medium.. 2.00® 3.50 CALVES AND VEALERS Receipts. 700; market, steady. —Vealers— Good and choice $6.50® 7.00 Medium 4.50® 6.50 Cull and medium 3.00® 4.50 —Calves— Good and medium 4.50® 6.50 Common and medium 3.CO@ 4.50 STOCKERS AND FEEDER STEERS Good and choice 5.00® 7.00 Common and medium 3.75® 5.00 (800-1.500) Good and choice 5.00® 7.00 Common and medium 3.75® 5.00 SHEEP AND LAMBS Receipts, 1,500; market, higher. Good and choice $ 6.50® 8.00 Common and medium 4.00® 6.50 Fwes. medium and choice.... I.oo® 2.25 Cull and common 50® 1.00 Other Livestock By United Press CHICAGO. July 7.—Hogs—Receipts. 17.000, including 1,000 direct; about steady with Monday’s average; packing sows fairly active, steady to srong; bulk 170-220 lbs.. [email protected]; top. $7.45; 230-330 lbs.. $5.75®7.25; pigs. [email protected]; packing sows. [email protected]; light lights, 140-10* dbs.. good and choice. $6.60®7.10; lightweights. 160200 lbs., good and choice. $6.90®7.45; medium weights, 200-250 lbs., good and choice, $7®7.45; heavyweights, 250-350 lbs., good and choice. [email protected]; packing sows. 275-500 lbs., medium and good. [email protected]; slaughter pigs. 100-130 lbs., good and choice, $6®6.75. Cattle Receipts, 4,500; calves, 2,000; yearlings and light steers strong; weighty bullocks predominating in run, steady; early top light and meduim weight steers, $8.25'; fat price bid on prime 1.500-lb. bullocks; mostly steady to strong on she stock and bulls; vealers, 50c®$l over late last week, mostly *[email protected]; slaughter cattle and vealers: Steers 600-900 lbs., good and choice, $7.50 ®8.75; 900-1,100 lbs., good and choice, $7.25®8.75; 1,100-1.300 lbs., good and choice. $6.75®8.50: 1,300-1,500 lbs., good and choice. [email protected]; 600-1.300 lbs., common and medium. ss®7; heifers. 550850 lbs., good and choice. $6.50®7.75; common and medium, [email protected]; cows, good and choice, $3.25®5.25; common and medium, $3 @4; low cutter and cutter c P^. s, j, [email protected]; bulls, yearlings excluded) good and choice, beef, [email protected]; cutter to medium. $3.50®4.50; vealers. milk fed. good and choice, $6.50®7.50; medium, [email protected]; cull and common. s3@ $5; stocker and feeder cattle: Steers, 5001.050 lbs., good and choice. $5.50® 7; common aid medium. [email protected]. Sheep—Receipts. 11.000; strong to 25c higher: advance largely on native lambs; nothing much done on rangers; desirable natives, $7®7.50 to packers; outsiders. $7.50%7.65, small lots. $7.75; choice yearlings. $5.90; slaugher sheep and lambs: Lambs 90 lbs. down, good and choice. $7®7.85; medium, $5.25® i; all weights, common. $4®5.25; cw®s. 90-150 lbs., medium to choice. $1.25 all weights, cull and common. 75c ®51.50; feeding lambs: Feeding lambs, 507a lbs., good and choice. [email protected]. By United Press i CLEVELAND. July 7.—Hogs—Receipts, 1,300; holdover, none; mostly steady: top. $7 on 160-230 lbs., sorts. 240-250-lb. weights and most pigs, $7.50: few mixtures around 230-lb. averages. $7.65: desirable. 260-300 lbs.. $7.25; common to medium, light and medium weight mixtures. 25c lower at $7. Catle—Receipts. 150; steady or around $1.50 to $4 on low cutter to medium cows. Calves—Receipts. 750: uneven around steady: bulk desirable vealers. $8.50 down; top. $9; many weighty grass offerings. $6.50 ®7.50: culls, downward to $5 and under. Sheep—Receipts. 400; fullv steady; bulk common to good lambs. ss@7: few good to choice, S7.SQ®B. By United Press EAST ST. LOUIS. 111. July 7.—Hogs— Receipts. 9.500; market, steady to 10c higher than average Monday top. $7.50; bulk. 160-220 lbs.. $7.30® 7.40; 230-250 lbs.. $7®7.25; packing sows largely [email protected]. Cattle—Receipts. 2.800; calves, receipts, 1.200; market, native steers and fed mixed yearlings and heifers strong to 25c higher; vealers 25c higher at $7; other slaughter classes mostly 25c higher, with western steers 50c higher for the week; top yearling steers and heifers, $8.50. Sheep—Receipts. 3.000; market, opened setady: some held higher: few lambs to city butchers. $7; packers talking $6.75 for the bulk. By United Press FT. WAYNE. July 7.—Hogs—Market 15 ®3oc lower: 100-140 lbs,, $6.85; 140-160 lbs.. $7; 160-180 lbs., $7.25; 186-200 lbs.. $7.35; 200-220 lbs.. $7.15; 220-240 lbs.. $7; 240-260 lbs.. $6.90; 260-280 lbs., $6.65; 280300 lbs.. $6.45; 300-325 lbs.. $6.15; 325-350 lbs.. $5.90; roughs, $4.25; stags. $3.25; calves. $7; lambs. 6.50. By United Press EAST BUFFALO. July 7.—Hogs—On sale, 1,700; rather slow; generally 15@25c lower' weights above 230 lbs., dull; desirable, 120-210 lbs., $7.75®7.85; 230-260 lbs.. $6.85®7.15. Cattle —Receipts, 100; weighty cry fed steers, fairly steady. $7.50; grassy offerings unsold; cows, nominal: calves, receipts. 300; nearby vealers, active and ; steady; good to choice. common j and medium, ss@7; grassy kinds draggv. ' Sheep—Receipts. 200; lambs, steady; qual- ! ity and sort, considered; medium to good, I si.so®B; plainer kinds $7.25; throwouts, $6; 1 weighty ewes, [email protected]; handyweights, upwards to $3. By United Press PITTSBURGH, July 7.—Hogs—Receipts, 300; market, weak to 10c lower; 140-220 lbs., $7.75®8; 230-260 lbs., 57.25®760; 100-140 lbs.. $7.65® 8; packing sows. $4.75® 5.25. Cattle —Receipts. 20; market, steady to strong; medium to good steers. $6.65® 7.35; common to medium cows, $3.25®3.75; calves, receipts. 125; market, mostly 50c higher; good and choice vealers. $6.50® 8.50: medium grade, $5®6.50. Shee—Receipts. 250; lambs, 25®50c higher; good ana choice grade, $7®8.50; medium kind down to $5.50. By United Press OLEVELAND. July 7. —Butter—Extras. 28c: standards. 28c: market, firms. Eggs —Extras. 17%c: firsts. 15%c: market, easv. Poultry—Heavy fowls. 19c: medium. 20c: Leghorn fowls. 13® 15c: heavy broilers. 22 @2Bc: Leghorn broilers. 16®20c; ducks. 15 ®22c: old cocks. 12c; gese. 10®13e: market steady. Potatoes —North Carolina cloth top stave barreU [email protected]; Virginia Cobblers cloth top sTfl’e barrel, $3.505 2 75: mostly, $2.65. n
THERE IS NIFTY FUN NOW AT ENGLISH’S Smart, Wise-Cracking Lines and Situations Make ‘The Bachelor Father’ a Real Comedy Treat. BY WALTER D. HICKMAN t'VER hear of a bachelor father wjth three children to his credit or . discredit? Well you hear a whole lot of one member of the tribe by the name of Sir Basil Winterton, V. C. K. C. 8., K. C. G. M., in ‘‘The Bachelor Father, a comedy <n three acts and seven scenes. ” was Probably because Sir Basil was a knight that he didn’t land in rne noosgow for his philanderings many years before the play starts. We 2*** Sir Basil (Will Lloyd) getting along in life with his three fatherless children just getting of age or some years over that.
The three children all had different mothers, but their father was the same. It may sound like scandal, but you will recall that the late
David Belasco produced this naughty nifty and nearly made a gem of it. One of the “accidental” children is Geoffrey Trent, played nicely by Freddie Sherman. Another is Maria Cred ar o (played charmingly in words and song by Joan Ruth, anew member of the company). The third is Antoinette Flagg, played in
Frances Dale
the best possible manner by Frances Dale. It is the smartest role she has had this season and as the wise cracking modern youngster of New York, she just about runs away with the honors. But of course, the acting of Will Loyd as Sir Basil is so strenuously fine that he deserves the right to be featured in it. The fun really begins when Sir Basil commands his solicitor (played nicely by Donald Woods) to round up his three children whom he has never seen from the four corners of the earth and bring them to his English estate. Sir Basil has a great first scene with his three “accidental” children, but the Flagg girl conquers his hard heart. The story gets as human as it gets wild at times. Wild in conversation only. The Casey company has done marvelously with the stage sets. In fact, it is as good as I would expect it to be if it visited us in the regular road season at $3 a seat. You know what an undertaking it was to build this show because the first act has four complete sets and they have been wonderfully created. There is loads of nifty fun waiting for you at English’s this week, where “The Bachelor Father” is on view. tt tt B A PERSONALITY AND A PHOTOPLAY The flesh and blood personality we are concerned with on this bill is Rosetta Duncan, noted for being the rowdy Topsy in “Topsy and Eva,” on the stage. The movie we are concerned with is Lew Ayres in “Up for Murder.” This movie has a newspaper background and it reflects the realistic
side of the show about as much as an elephant resembles a flea in size. It is just a yarn about a good looking lad (Lew Ayres) who becomes a cub reporter on a large paper and falls desperately in love with the society editor. The poor cub thinks she is as pure as driven snow and when he discovers that his boss has a key to the gi r l’s apartment,
§!%• : -.':-
Rosetta Duncan
the young cub becomes pugilistic and swats his boss on the bean. Meaning that he knocks his boss senseless, so senseless in fact that the boss dies. Then a lot of sob stuff with the purification of the society v/riter so effective that we have a silly and a happy ending. Regardless of how weak and sobsister this story is, it has been well acted and directed. It will probably hold your interest, but it is not realism. Just a lurid story much better acted, and directed than the story merits. I have the greatest respect and admiration for the artistry of Rosetta Duncan. She is the blackface of that once well known team of the Duncan Sisters, who will always be remembered as “Topsy and Evad’ As Rosetta says this season—- “ Here Topsy is again but without Eva. She married a big Swede.” This is the first time that Rosetta has been here since her sister Vivian married and invited the stork. Rosetta makes a nifty modern appearance and after a few preliminary re marks made to melody, she goes into her kid toothache number. Here is a gem of juvenile imitation done in modern language. While Bob Hamill plays the piano, Rosetta is putting on blackface and she appears as Topsy. Topsy is still wild and as she says “Ise hate everybody and I wish the world had more people in it so Ise could hate more people.” Her greatest number is the way Topsy sings “Sitting’ on the Curbstone Blues.” Here is a blues classic j as delivered by Miss Duncan. And ! her encore number done in German is a joy. Here is a very great woman wh* never loses her class and character. Earl S. Dewey with the aid of four women attempts to put sex appeal and comedy in a vaudeville skit. The dancing of the large j woman is not art, but it gets the laughs. Haig, Haig and Haig are three j children who try to act adult when they should be natural. The efforts of the oldest boy to get applause for his sister and brother is in poor taste. I know that I was the mi- I nority when I sr.w them because the audience liked them. Joe Christy has strengthened his idea of eccentric comedy. He has! the aid of a young woman who is{ a foil for his comedy as well as his! musical outbreaks. South and Jacobs have poor ma-! terial and they get attention when ; they become musical. The Chevalier Brothers are good acrobats. I Their head and foot balancing work is splendid. Now at the Lyric. Other theaters today offer: “A j Free Soul” at the Palace, “Smart j Money” at the Apollo, “White; Shoulders” at the Indiana, “Big | Business Girl” at the Circle, double j movie bill at the Ohio, and bur-1 lesque at the Mutb&L
Plays Lead
t .. . S: ¥
Robert Montgomery
When “The Man In Possession” opens next Saturday at the Palace, Robert Montgomery will play the chief role.
The City in Brief
WEDNESDAY EVENTS Purdue Alumni Association luncheon. Severin. Kiwanis Club luncheon, Claypool. Lions Club luncheon. Lincoln. Illini Club luncheon. Board of Trade. Mutual Insurance Association luncheon. Columbia Ciub. Ralph Showalter, former president of the Indiana World Trade Club, spoke at noon Monday at a meeting of the club at the Chamber of Commerce. Company E, Eleventh infantry, commanded by Captain Paul D. Carter, will demonstrate a model company in close and extended order drill before cadets of Ft. Benjamin Harrison citizens’ military training camp, this week. The Harmony Medley quartet, radio artists, will present a program at the meeting of the Kiwanis Club Wednesday noon at the Claypool.
Net Changes
By United Press NEW YORK. July 6.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Alaska Juneau 14% 1% American Can 112% ... % American ft For Power.. 37% ... l' American Telephone 182 ... 1% Auburn 188 ... 2 Bethlehem Steel 52% ... 1 Case 88% ... 1% Consolidated Gas 98% ... 1 Electric Power 42% ... % General Electric 44% ... a* General Motors 39% ... % Gillette 23 ... 11-.I 1 -. International Nickel 16 ... % International Telephone.. 35% ... 1 Loew’s Inc 46 ... % McKeesport Tin 85% ... 1 Montgomery Ward 21% ... % National Biscuit 59% ... 1% N Y Central 933/* ... i/ 2 Paramount 27% . . % Pennsylvania 49% % Radio 20% ... % Radio-Keith 16 . Sears Roebuck 56% ... 1% Standard of N J 391/s . . % Texas Corp 23% ... % United Aircraft 30% ... 1 TJ S Steel 103 3 /4 ... 1% Vanadium 35% ... j Westing Elec ex-dlv 71% ..* 1% Other Livestock By United Press TOLEDO. July 7—Hogs— Receipts, 250; market, steady: heavies. $6.75®7.J5: mediums. $7.25®7.50: Yorkers. [email protected]: nigs $7®7.50. Cattle—Receipts, light market, steady. Calves—Receipts, light: market, seady. Sheep—Receipts, light; market, steady. By United Press CINCINNATI. 0.. July 7 Hoes—Re--2 300; heldover. 430:' Y b K* cberS j*' 70 - bs ' UDI m °stlv steady: light lights and pigs. 25c lower; better f£? d ?: 170 " 2 3° lbs.. $7.50®7.65; some 240260 lbs.. [email protected]: 280-300 lbs.. $6 75® 7. sows. weak, in narrow demand: lights and medium weights mostly $4.50; heavies downward to $4. Cattle—Receipts. 325' calves. 700: slow, about tseadv; odd lots common and medium grass steers and heifers. $4.50®6; a few better finished kinds uo to $7.50: most beef cows. *3.25®4.25bulk low cutters and cutters. $1.75®3.00: bulls. $4.25 down: goo ) to choice vealers. below 200 lbs., steady at s6®7: no dependable outlet for heavier weights and lower grades at $5.50 downward. Sheep—Receipts. 7.000; steady, better grade ewes and wether lambs. $7.50®8: less desirable down to $7; most throwouts. $5®5.50; light skips downward to $3: good buck lambs. s6® 6.50: fat ewes. sl®2. STAGE STAR TO WED Helen Gilligan Will Marry Wealthy Boston Textile Chemist. By United Press NEW YORK, July 6.-Helen G£ligan, prominent musical comedy and light opera singer, revealed her engagement today to Ray Buchanan, wealthy Boston textile chemist. Miss Gilligan was featured in “Rain or Shine,” “Strike Up the Band,” “Hold Everything.” NEW YORK COFFEE RANGE —July 6 . iB F h - Low. Close. September 6.17 6.12 6 14 December 6.38 6.36 6^B
We Buy and Sell Real Estate Preferred Stocks and Bonds ZAISER & ZAISER 703 Fletcher American fioilding 129 E- Market Bt.
JamesT. Hamill* & Company Private Wires to All Leading Markets. ’ Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New Y’ork Curb 203 Continental Bank Bldg. Tel. Riley 5403—Riley 5494 —
JULY 7, 1931
$75,000 ESTATE IS LEFT WIDOW BT DUTERNE Trust Fund Is Created in Will Filed for Probate Here. Dr. Albert Eugene Steme, nationally known physician for nervous and mental diseases, who died June 30 in Denver, Colo., left personal property valued at $75,000 in a will filed for probate in Marion county, Monday. Dr. Sterne created a trust fund for his widow, Mrs. Stella G. Sterne, and sne is to receive the income thereof during her lifetime. After Mrs. Sterne's death the income of the trust fund goes to a foster daughter. Miss Genevieve Pickrell of Indianapolis. Small bequests were made several brothers and sisters : Legal Notices (Form of Notice o7~Abandomnent of Plan to be published in New York. Philadelphia and Indianapolis.) TO THE HOLDERS OF CERTIFICATES OF DEPOSIT FOR: CITIZENS' STREET RAILROAD COMPANY First Consolidated Mortusße 40Year 5% Gold Bonds, dated May 1. 189S. due Mav 1. 1933; INDIANAPOLIS STREET RAILWAY COMPANY 4% General MortsaKe Gold Bonds, dated May 3. 1899. due Jan. 1, 1933* INDIANAPOLIS TRACTION AND TERMINAL COMPANY First Mortcace Thir-tv-Year 5% Gold Bonds, dated Jan. i, 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 Companv: 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. 15. 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. Indanapoiis. Indiana, as Depositary for th Reorganization Manager, may be withdrawn by the holders of the Certificates of Deposit representing such securities and claims upon compliance with the provisions of said Plan and Agreement. Securities represented by 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 by the Plan except to the extent provided in the Reorganization Agreement! but bv virtue of the adoption of anew Reorganization Plan bv 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 ft CO.. Incorporated. Reorganization manager. INDIANAPOLIS STREET RAILWAY REORGANIZATION NOTICE TO DEPOSITING BONDHOLDERS OP CITIZENS STREET RAILROAD COMPANY FIRST CONSOLIDATED MORTGAGE FORTY-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, by other committees representing different securities, and by 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 Fidelitv-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, may make such deposit on or before October l. 1931. i. 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. C. NEFF. (Committee representing Citizens First Consolidated Mortgage Forty-Year 5% Gold Bonds.) SMITH. REMSTER. HORNBROOK & SMITH. Counsel. Indianapolis. Ind. JOHN E. OHLEYER. Secretary. 128 East Washington street. Indianapolis. Ind. INDIANAPOLIS STREET RAILWAY REORGANIZATION. NOTICE TO DEPOSITING BONDHOLDERS O?- iTTDIANAPOLIS 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, bv other committees representing different securities, and bv Fletcher American Company. Indianapolis. Indiana, as Reorganizaticm Manager. 2. Copies 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. 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. 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. 207 Continental Bldg.. Indianapolis, Ind. PICKENC. DAVIDSON. GAUSE. GILLIOM PICKENS. Counsel for Committee. Indianapolis. Ind. INDIANAPOLIS STREET RAILWAY REORGANIZATION. 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 bv the undersigned committee, by other committees representing different securities, and by Fletcher American Company. Indianapolis. 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 Mav 1. 1930. 3. Holders of said bonds, who have not yet deposited the same with either depositary above mentioned, may niM such deposit on or before Oct. 1, 1931. 4. Holders of said bonds who have af* ready deposited the same may exercis# the right of withdrawal within three weeks from the date of the first publication of this notice, as provided for in Paragraphs Eighth and ; inth of said Deposit Agreement. Failure to make such withdrawl constitutes an assent to said Plan and Agreement. DEPOSITARIES— The Fletcher American National Bank of Indianapolis. Indianapolis. Indiana. The Pennsylvania Company for Insurances on Lives and Granting Annuities. Philadelphia. Pa. 52X £■ SHANEBERGER. GEO. B. ELLIOTT. ARTHUR V. MORTON. (Committee representing Indianapolis Traction Ac Terminal Company First Mortgage Thirty-Year Gold Bonds.) c RALSTON. Counsel Indianapolis. Indiana. THOMAS 8. HOOD. Secretary. P. O. Box 1155. Indianapolis, Indiana. INDIANAPOLIS STREET RAILWAY REORGANIZATION. NOTICE TO DEPOSITING STOCKHOLDERS OF INDIANAPOLIS STREET RAILSTOCK COMPANY 6% PREFERRED 1. A second Plan and Agreement, under aat 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. Indianapolia. Indiana, as Reorganization Manager. 2. Conies of said Plan and Agreement have been filed with The Indiana National Bank. Indianapolis. Indiana, the depositary for said preferred stock named Deposit Agreement, dated May L 3. Holders of said preferred stock, who have not Tet deposited the same with th# depositary above mentioned, may make such deposit on or before Oct. 1 1931 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. ROSS H. WALLACE. WENDELL SHERK. R W WAITE (Committee representing Indlanapolif Street Railway Company 6% preferred stock* 1 JOHN R' COULETT. Secretary, p o Box 1155. Indianapolis. Indiana LEO M. RAPPAPORT. Counsel. y~n — BMU4. ludi
