Indianapolis Times, Volume 43, Number 50, Indianapolis, Marion County, 8 July 1931 — Page 12
PAGE 12
STOCKS RESUME UPSWING AFTER EARLY SELLING Few Issues Above Previous Close at Noon; Rails Gain Strength. Average Stock Prices ot thirtv Industrials for Wednesday was 145.02. off 68. Average Os twentv rails was 81.39. off 3.83. Averse of twenty utilities was 59.21, off 2 44. -J eraß j fort? bonds was 95.88 and unchanged. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July B.— The stock market steadied in the early trading today and then resumed Its rise, interrupted Tuesday by profit-tak-ing which followed acceptance by the French of the Hoover debt plan. Around noon tickers were beating out a few shares at prices above the previous close. The opening was down from Tuesday in volume, With prices mixed in a narrow range. Some pressure was exerted against the steel shares with United States Steel breaking to 97%. Around noon it was back to 98%, off % from the previous close. Vanadium rose % to 32%, while Bethlehem rose % to 49. Upturn Expected Weekly steel reviews found the Industry down to 33 per cent of capacity in steel ingot production, but the Iron Age expressed the belief an upturn w'ould come shortly with July marking the low point of the decline. Around noon General Motors was at 39%, up %; National Biscuit 59%, up %; Radio 18%, off %; American Can 109%, up %; Auburn Auto 174, up 4%, and General Electric 42%, up %. Rails Come Back In the utilities Consolidated Gas Was a, firm spot selling around 95%, up ■%. American Telephone came back to 178, up % from an early low of 176%. International Telephone was holding around the previous close while American and Foreign Power showed a small gain at 34%. Railroad shares came back with the othel groups. New York Central at noon was at 87%, up %; Chesapeake & Ohio 36J up %; Baltimore & Ohio 59, up 1%; Atchison 161, up 1, and Union Pacific 165, up 1. Bank Clearings INDIANAPOI.IS STATEMENT . —July 8 — BHiH nKS $3,303,000.00 CHICAGO STATEMENT f —July 8 — Balances 5,600,000.00 TREASURY STATEMENT —July 8 — Jaly 6 $430,855,034.58 expenditures 22 142 417 ha Customs rects. mo. to date’ 4!75L258i47 New York Curb Market (By James T. Hamill & Cos.) —July 8 — Alum Cos of A .129 llnsull Ut *367? Am G & E 1..., 65‘4iMt Prod 51? Am Bud Pwr.. lrtiiNia Hud Pwr.! ll>! Ark Gas A.... 3v4lStd of Ind .... 27 Cities Serv ll%|Un Lt & Pwr.. 21*4 £. or !t 8% Un Verde 12% Bnd 5h.... 41V4|Vacuum Oil 414 Gulf Oil 55% United Fndrs... 3*4 Chicago Stocks Opening (By Thomson & McKinnon) July 8 — tendlx Avia .. 19%:InsulI Com .... 30% ore Warner .. 18% Insull 0s ’40.... 86 central 111 .... 20 Lib McNeil Prod 10 West .. 16%; Mo Kan Pipe LI 5Vi Cent Pu Ser A mi;Middle West ... 17% x °rd Corp B%,sbd Utilities.... 3% Cont Chi Com., 5% Swift & Cos 26% 3omm Edison ..203 I Swift Inti 34% Chi Sec 15 [US Rad & Tel 23 Grigsby Grunow 3%iUt & Indus pfd 17 HoudHersh r A n : Walre “ Strs "’ 18V Gone, but Not Forgotten Automobiles reported to police as stolen belong to: Charles McCarthy. 814 East Forty-sixth street Buick coach. 84-510. Merrill and Meridian streets. F. B. Willoughby. 215 East Twenty-fifth Street. Ford roadster. 758-680 from Ohio and Meridian streets. I. Wolf Company, 555 North Canitol avenue. Chrysler roadster. 739-399. from rear of 722 North Canitol avenue. Lawrqpce Bird. 5128 Rlverview drive. Ford Tudor 80-523, from Senate avenue and Market street. William H. Harper. 1917 West Tenth Street. Oldsmoblle coach. 89-779. from West and Walnut streets. F. H. Hamslng. 1513 Orange street. Ford Sedan. 63-480. from 459 East Washington Street. Keith Stonehouse. 131 South Butler avenue. Chrysler coupe. 75-919. from 400 North Meridian street. BACK HOME AGAIN Stolen automobiles recovered by police belong to: Ernest C Folev. 1014 Sterling street. Whippet sedan, found at Seventy-ninth Street and Spring Mill road. William Rodgers. 515 West Norwood Street. Ford sedan, found at Charles and Orange streets. Sherwood Blue. 4232 Graceland avenue. Ford snort coupe, found at 300 West Michigan street. W. C. T. U. IN PICNIC Group Fete Held Today at Dearborn Park. Vayhlnger group, Women’s Christian Temperance Union, will hold their annual picnic at Dearborn park today. Elizabeth Stanley Union will Join the afternoon gathering to hear Lieutenant Frank Owens speak on ‘'lndependence.” DAVIDSON TO SPEAK Standard Oil Advertising Manager Will Address Club Here. H. J. Davidson, advertising manbger of the Standard Oil Company of Indiana, will speak Thursday noon at the Advertising Club's jneeting at the Columbia Club. Mule's Kick Fatal By Time* Special WABASH, Ind., July B. —lnjuries Buffered when he was kicked by a mule a week ago caused the death of M. L. Sltts, 67, at his home north of hara. Specialists In Unlisted Securities Edw. W. Zaiser Securities Corporation 128 E. Market l—t —-
New York Stocks 1 (Bv Thomson A McKinnon, '
—July 5 Railroads— Prey. High. Low. 11:30 close. Atchison 160 157% 160 160 Atl Coast Line 96 Balt A Ohio ... 57% 57*4 57% 57% Chesa A Ohio.. 35% 34% 35 j 35% Chesa Coro ... 37% 38 Chi Ort West 8% Chi N West 33 Vs 02 V* C R I Sc P 42 41% 42 42 4 Del L & W 60 60% Del A Hudson 130 Erie 23 >4 23% Erie Ist pfd 33V* Great Northern 49 Illinois Central 61 Kan City 8o 31% M K AT. 15% 15% Mo Pacific 25 % Mo Pacific pfd 684 N Y Central 8674 86 85% 86 •* Nickel Plate 477* NYNH&H 717a 70% Nor Pacific... 40% 38% 33% 40 Norfolk & West 172% O A W 11 Pennsylvania ... 47% 47% 47% 47% Seaboard Air L % % So Pacific 82% 81% 82% 617's Southern Ry 33 % 33% St Paul 6 St Paul pfd 9% 9% St L& S F 18% 18% Union Pacific ..165 164% 165 164 Wabash 14% W Maryland 12% West Pacific 9 Equipments— Am Car & Fdy 20 Am Locomotive 18 18% Am Steel Fd 16% Am Air Brake 8 31% Gen Am Tank 53% General Elec ... 42% 42 42% 42% Gen Ry Signal.. .. 52’/* Lima Loco 24Vi Press Stl Car 4 Pullman 37% Westlngh Ar 8.. 26% 26 25 v 26% Wcstingh Elec .. 67% 60% 67% 67% Rubbers— Firestone 18% Fisk s/, Goodrich 12% 12% Goodyear ...... 39% 39% 39% 39% Kelly Sprgfid 2 2 U 8 Rubber .... 14% 14 14 147/, Motors— Auburn 172 169 172 169% Chrysler 22% 21% 22% 22% Gardner General Motors. 37% 37 37% 37% Hupp 5 "*.*.! sesu-.-.v.-.v *•* p'Kksrd“ ’** Reo 6% *’64 "6% 64 Sl'Jfebaker 18% 18% 13% 18 Yellow Truck a% as/. _ Motor Access— 2 B '* Borg‘sva A rne a r U ° n . 1874 18% 18% 18% BudcPWheel'7". 'l'/l “ *9 l \\ Hou S da orage .. B .:; 5 i s f* Bparks W 5 Lt sea? io% io,/2 ' i6 % •• ••• ••• 0073 Minin*— Am ts Is ~ ( , ~ 1974 105/ cltT Hec£ op ;. 3734 ‘ 26 * 42, Cerro de Pasco.. . ,1 if Dome Mines ii% 'ijsi 'iii , if!? & M p Howe Bo°u r nd re :; .*: -jo’ IMS l k Cop - 2074 *2O '2O 204 Nev m c o ns° P . Pel l’. i6 ”9% io U u ex s as sSeit 345i 34 zU Oils— 17 Amerada 1S IQI , Atl Refining.... */. *" \l„, Barnsdall Houston | &ou Refln,n * •• •• h M?d x Si oard ' :: ii% ' i4V * ’ i4 % pofl S &’Gai:" > h M & Dutch’.::: :: :: ™ !K lr i "v. aii iS la:!;/'n“J ik ’jfe ; if!’ Union Oil ” ?? Steels— *' "* B?thlchem M ! nS ;: 48% *47% 2$ EM" 1 .:::: •" ::: fa Newton i ilit Repub I&S I. 'iii/, }2 /s U S Steel 98% 97% 973? AO7/ Vanadium .... 32% 31% 32% 30. 8 Youngst S A W . 8 ?Sif Tobaccos— 18/2 18/a Am Tob (A) new 1173A 119 Con neW 121% 121% LoriUard* y f. r s B 73 ’ /2 Tob n p l r s (A; ob ’.:*. * iy ‘ ' 50% si * Utilities— i/z 22 Adams Exp ill* 15 >t 15 >4 15 % aS ? 0 w r r^ r Li:: 34 33 ’ 8 B ?! A T & T 177% i76% 177£ 177^ S„u?',v ’• “• C jgi'i Ls llii IS g,, Hit 6,v ‘ “■'* || Pub Serv N J.. 83 ’82% ’B3 I2 '* SPiSf, i°’£ a.-. 1314 33,3 is |f| w iwssi- i? • Am Inti Corp.. 14% 14V4 144 144 Am Ship & com 4214 *** Inti Mer M pfd * • gs / . Ul Foods^ rUlt ’ ’’’ 58 571/2 57 ’ /2 56 % Am Sugar Armour A 2% 2% ”2% 24 S2§4’->:-H g Cont Baking A. 14 1 /* ii% "i4% is' 2 Corn Prod 72 7i>i 72 2 7041 Crm Wheat.... ' .. ,z Cuban Am Sug '474 G n Foods 49 48*/* 48% 487 e Union -- 13 15 4 15% 15% Hershev 9414 oerr Kroger 28% 28% Nat Biscuit 59% 58% 59% 58% Purity Bak 31 30% 30% 31 Safeway St * ik 3 < Std Brandcs.... 18 17% is 17% Drugs— * * Coty Inc 8% 8% Lambert Cos. 65'% 65Vi 65% 68% Le ' ln & Fink 26 26% Industrials— “ Am Radiator 13% 134 IZV2 134 Bush Term 224 Certainteed 54 5% Asphalt... 23 22% 23 22% Lehigh Port ... ... 11 u OtoElev 38 37% 37% 38% Indus Chems— Allied Chem 124 1234 123% 1244 Com Solv 147 k 14% 14% 14% Union Carb 52% 51% 524 51% U S Ind Alco.. 30 294 30% 31 Retail Store*— Assoc Drv Gds 20'/* 21 Glmbel Bros 5% Kresge S S 26% 264 26% 26% May D Store... 357* 35 35 36 Mont Ward 20 19% 20 19% Pennv JC. .... 33% 33% 33% 34 Schulte Ret St 7% Sears Roe 55% 55 65 55% Woolworth .... 694 67% 68 4 687* Amusements— Col Graph 10 9% 10 9% Croslev Radio 4% Eastman Kod ..1454 145 145 145% Fox Film A 19 18'/* 19 19 Grigsby Gru 3% 3% Loews Inc 44 4 43% 44% 43% Param Fam 25% 25% 25% 26 Radio Corp 18% 184 18% 18% R.-K-O 15 147* 15 15Vk Schubert 3 Warner Bros 7% 7% 7% 7% Cltv Ice & Fu 31% Congoleum 10% Am Can 109% 107% 108% 108% Cont Can 52 51 % 52 51% Curtiss Wr 3% 3% 3% 3% Gillette S R... 22% 21% 21% 22% Real Silk 84 Un Arcft 28 27% 27% 27% Int Harv 44 4 43% Investment Trust Shares (By Gibson* & Bernard) —July 8— Bid. Ask. Amer Found’s Corp Com 3% 3% Am & Gen Sec. "A” 13 Am Inv Trust Shares 4% 5 Basic Industry Shares 5 5% Corporate Trust Shares 4% 5% Cumulative Trust Shares 6Vi 6%' Diversified Trustee Shares A 16 First American Corp 7% S Fixed Trust Oil Shares 3% ... Fixed Trust Shares “A'’ .... 12% ... Inv Trust N Y 6% 7% Leaders of Industry Series A 7% ... Nation Wide Securities 5% 6% National Industry Shares 54 5% N Am Trust Shares 44 54 Sc! Am Shares 4% 5 Shewmut Bank Inv Trust ... 7 9 Universal Trust Shores 5 5% Super Corn of Am Tr Sh “A” 5% 64 Fundamental Trust Shares A 64 6% w undament*l Trust Shares A 6% 7 U S Elec Light A; Pwr ‘ A - ’ 28% 30% New York Liberty Bonds 4th 4VS 104.25 Treasury 4s ...... i05.16 Treasury 34s of ‘47 IC2 20 Treasury 3Ss of ‘43 (March) 102.18 Local Wagon Wheat City grain elevators are paying 40c for No. 1 red wheat and 38c for No. 1 hard wheat. NEW YORK COFFEE RANGE —July 7 , Hlfh. Low. Close. January 6.50 6.46 6 46 March . 6.60 6.53 6.53 Mav r .... 6.63 6.58 6.61 September J.... 6.20 e. 15 6.18 December 1 6.45 640 646
WHEAT FUTURES UNEVEN IN DULL TRADINGRANGE Sellers Force September Option to New Low for Season. BY HAROLD E. RAINVKLLE United Press Staff Correspondent CHICAGO, July 8. —Further pressure on July wheat sent that month down to below 55 cents on the Board of Trade just before the close today to equal the season’s inside price while September set another new low mark. Weakness in stocks and cotton were responsible for the final wave of selling. There was some hedging but sales were so small as to constitute a supporting feature rather than having a depressing effect. After July corn had refused to give ground and again advanced, leading the entire list out of an early display of weakness, the market sold off with wheat. Oats were slow but gradually firmed up with corn. Wheat Closes Off At the close wheat was *4 to 1 cent lower, and oats were unchanged to % cent higher Provisions were around 10 points down. Liverpool firmed up toward the close and was M cent lower to V* cent higher. The weather was clear over the northwest, but Canada had scattered rains last night. The forecast was for clear and warmer north of the line with some unsettlement south of it. Cash prices were unchanged to 1 cent lower. Receipts were 95 cars. July Com Light July corn acted tight at the start and scored a fair gain while the deferred months were easy but the market immediately firmed up on scattered buying and at mid-session prices were % to % cent higher. At one time July went to a premium of 5 3 /i cents over September, the widest difference on the crop. Locals took December. Cash prices were unchanged to V 2 cent higher. Receipts were 78 cars. Oats began slowly at a fractional discount but strengthened with the major grains to show V 8 cent higher at mid-morning. Trade was light and featureless. Cash prices were unchanged Receipts were 6 cars. Chicago Grain Range WHEAT- ~ JUIV prev July.. ..?6 Pen ’ £&■ %% Sept... .55% .56% .554 55% *56% CORN— 6O * ’ 6 °' /# - 9 '* ** •53% £?n('" i5?/* .59% .59% .60 Scot... -54% .55'.g .53% 54 Vo D OAts- 48 - 4918 - 48 ' 4B July... ,267 k .274 26% 27 o 7 Sept... .27% .28 4 .27% .37% '27s/. RYE-’ 30 * ’ 3l * ' 3Ol/2 ‘ ' 303 -30% July... .35% .35% .35 4 35 4 35% Sept... .384 .38% .38 .38 384 LARD— - • 42 ' i ' 42 42 -42% July . 8.10 8.12 8.10 8.12 820 oct .*. i! ni in in D belli¥£- 7 ’ 55 7 ’ 50 7 ' 55 7 ' 70 •* 8.15 8.25 AUK. 8.26 8.30 Sept 8.37 8.40 B;i Times Special CHICAGO. July B. —Carlots: Wheat. 240corn. 36; oats. 7: rye. 3. and barley. 0. ’ By United Press July B.— Grain on track. 28%c rate Wheat.—No. 2 red. 55W56c: No. 1 red lc premium. Corn—No. 2 vellow. 59<f? „r eIIo S- 58 ®59c. Oats—No. 2 white. 28'5 29c: No. 3 white. 27%®28c. Clover-Domestic, prime, old. $13.50: prime, new. $13.75: prime choice, new. sl4: prims cho’ce. old. $13.75: October. $13.75: December. sl4. Alsike—Cash. sl3. Butter Fancy creamerv 275?28c. Eges—Country $125 14 ® 16c ‘ Hay—Timothy per cwt. By United Press July B.— Cash grain close: Wheat—No. 2 red. 56Vic: No. 1 hard. 56c: Ho. 2 hard, 55 4?55%c. Corn—No. 3 mixed. 614 c: No. 1 yellow. 61%(??61%c: vellow. 61<ff61Vac: No. 3 vellow. 60V a w.60%e: No. 4 yellow. 60@60%c: No. 5 vellow 59%@59%c: No. 6 yellow’. 58c; No. 2 white. 62c. Oats—No. 2 white. 28%cNo 3 white, 28s; No. 4 white. 274 c. Rve —None Bariev—3B (S 53c. Timothy—ss© 5.50; clover, $13.50(2:29. By Times Special CHICAGO July B.— Primary receipts: Wheat. 2.833,000. SRainst 1,888,000: corn. 475 GOO against 498.000; o ast. 234,000. 403 - 00 < > . Shipments: Wheat. 1.244 000, against 1.265,000: corn, 260.000, 596,000; oats. 95,000, against 229.000. Indianapolis Stocks —July 8 — American Cent Life Ins Cos.. .I.oo ßld ' . Ae,C Belt R R & Yds Cos com 30 35 Hrit RR & Yds Cos Pfd 6s 49V* 55 Bobbs-Merrill Cos 20 Central Ind Pow Cos pfd 75... 72 Circle Theater Cos com 7s ....1004 ... CHtzens Gas Cos com 10s .... 22 Citizens Gas Cos pfd s’s 96 161 Commonwealth Loan Cos pfd 7s 96% 97 Hook Drug com 94 . Indiana Hotel Cos Claypocl ...105 ... Ind Hotel Cos pfd 6s 100 Indpls Gas com 6s 56 4 59 Indpls Pw & Lt Cos pfd 6%s 104 105 Indpls Pub Wei Ln Assn cm 8s 50 Indpls Wa Cos pfd 5s 100 Pub Servos Ind 7s 9 6 98 Pub Servos Ind 6s 87 Metro Loan Cos 8s ioi North Ind Pub Ser Cos pfd 5%s 94 *96% No Ind Pub Sv Cos pfd 6s ....102% 105 No Indiana Pub Cos 7s 111 1 /* E Rauh & Sons Fert Cos pfd 63 47 Shareholders Invest Cos 9% % eT , Ha^K e , Tr &Ll Cos P fd 63 82 ••• Union Title Cos com 3s 15 Van Camp Prod Cos Ist pfd ’93 Van Camp Prod Cos 2d pfd Bs. .. 93 Progress is Backstay Welt Cos com 13% i7 Floe Line Cos 12% 14 Link Belt com Glass, Machine Cos com 19 20 Noblitt Spares Industrials Inc 42% 44% Perfect Circle Cos com 32 34 Real Silk Hosiery Mills Inc.. 7% 94 Standard Oil Cos (Indiana).... 27 . goss Gear U v 2n Natl Title 53^ J. D. Adams Manufacturing Cos 18 20 BONDS Belt RR& St Yds Cos 4s &? 1<5 ’ Ask ' Cent Ind Gas Cos 5s 99 Cent Ind Power Cos 6s 99% Citizens Gas Cos 5s ini Citizens Street Railroad 5s 20% 25% Home T. &T of Ft Wayne 6s. 102% ... Ind Ra.ilwy & Light Cos 5s ... 93 Indpls Pow & Li Cos 5s 103% ... Indpls Gas Cos 5s 102 4 Indpls Street Rys 4s 12 Indpls Trac Terminal Cos 5s .. 42 Indpls Union Ry 5s 102 Indpls Water Cos 5%s ‘64 104 ios Indpls Wat Cos Ist lien ref ss. 100 Indpls Water Cos 4%s 100 ioi% Indpls Water Wks Sec Cos 55.. 90 Interstate Pub Serv Cos 4%5... P 9% Interstate Pub Ser Cos (B) 6%5.105' Interstate 5s 99 No Ind Pub Serv Cos 103 Terre H T &■ L 5s 93 REFUSE MINE PLEA 4 ■ Red Cross Can - Not Act, Asserts Payne. By United Press WASHINGTON, July B.— Judge John Barton Payne, chairman of the American Red Cross, said today that his organization would not extend relief to Pennsylvania coal miners because of an established policy to give aid only in “cases of catastrophe.” This statement was made in response to a request from Governor Gifford Pinchot of Pennsylvania, who appealed to the Red Cross to extend help. I
THE INDIANAPOLIS TIMES
Dow-Jones Summary
Foreign copper price reduced % cent to 8.775 cents a pound. Average crude oil output In United Bt*tes Increased 40.550 barrels daily ln week of Julv 4 to 2.482.500 barrels, according to American Petroleum Institute. Gasoline in storage drops 2.170.000 barrels to 39.698.000 barrels. _____ Ironage estimates steel output at 33 per cent of capacity, against 35 per cent week ago. May net operating income of class one railroads $41,263,621, against $69,322,585 in May. 1930. according to bureau of railway economics. Five monthss SIBB.387.587. against $308,216,627. New York cables opened in London at LB6 19-32. unchanged from Tuesday s close. Paris checks 124.15; Amsterdam. 12.087; Italy. 92.945: Berlin. 20.505. Associated Dry Goods_ declared a regular ouarterlv dividend of 65 cents on common stock, payable Aug. 1. of record July 17. Borden Company declared a regular nuarterlv dividend of 75 cents, payable Sept. 1. of record Aug. 15. Safeway Stores Inc. June sales $17,879.219. against $17,309,127 in June 1930 Six months $104,389,365. against $110,186,3(3. W. T. Grant June sales, $6,288,560 against $5,463,832 in June, 1910. Six months $38,087,804 against $30,007,418, American Iron and Steel estimates June steel operations at 37.58 per cent of capacity below low point for 1930, reached in December when rate was 38.03 per cent. Output average 79.483 tons daily in June, against 96,365 tons in May, and 136,741 tons in June, 1930. New York Central car loadings In week ended Julv 4. 46.257 cars, against 56,544 in like 19’30 week. In week of June 27, loading 51.933 cars against $66,463 in like week of 1930. Studebaksr second quarter sales 9% per cent above year ago at 18,037 cars. Gain more than offsets decline in first quarter. General Public Service Corporation June 30 book value of common $18.73 a share, against $21.19 year ago. Based on market value of assets common value was $11.74 a share on June 30, against $28.08 a year ago. General Motors Corporation June sales to dealers, including overseas and Canadian sales, totalled 111.668 cars, against 97,440 cars in June. 1930.
The City in Brief
THURSDAY EVENTS Eeal Estate Board, luncheon, Indianapolis Athletic Club. Advertising Club, luncheon, Columbia Club. Indianapolis Engineering Society, luncheon. Board of Trade. American Business Club, luncheon. Columbia Club. Sigma Nu : luncheon. Lincoln. Sigma Chi. luncheon. Board of Trade. Indianapolis League for the Hard of Hearing. 11 a. m., Stokes building. Board of directors of the Boys’ Club Association of Indianapolis will hold its annual meeting Thursday night at the club summer camp northwest of Noblesville. A joint piano recital of the junior students of Miss Grace Hutchings and her pupil, Mrs. Jerome Day, was presented this morning at the studio of Miss Hutchings, 1617 Broadway. Aimo Nikolainan, a Finnish youth, was guest at the Rotary Club luncheon in the Claypool. He is visiting the city with Hugo Simann of Esthonia and Blahoslav Rejchrt of Czechoslovakia on their way to the Y. M. C. A. world conference in Cleveland.
Produce Markets
Eggs (country run)—Loss off delivered in Indianapolis. 12c: henerv duality. 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 un. 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 by Kingan & Cos. Butter (wholesale)—No. 1. 27®28c: No. 2 25® 26c. Butterfat—24c. Cheese (wholesale selling price per pound)—American loaf. 22c: pimento loaf. 24c: Wisconsin firsts. 17'/2c: Longhorns. 17V*c: Longhorns. 17%c: New York limberaer. 30c. By United Press NEW YORK. July B.—Potatoes—Market, firm: southern. $1®2.50 barrel; Canada, [email protected] barrel. Sweet potatoes—Steady; Jersey baskets. $20:3.50; southern baskets. >l@3. Flour—Market, dull and lower: spring patents. [email protected] barrels. Pork —Market, steady; mess, $23. Lard—Marke. firm; middlewest spot. $8.40®8.50. Tallow—Market steady: special to extra. 3% ®3%c. Dressed poultry—Market steady; turkeys. 25®46c: chickens. 23®38c: fowls, 12@24c; Long Islands ducks. 15@18c: broilers. 25@38c. Live poultry—Market, steady to firm: geese, 10®12c; 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% ®l9%c. By United Press CHICAGO. Julv B.—Eggs—Market steady: receipts. 10.776 cases; extra firsts. 18c; firsts. 16%c: current receipts. 14 %c; seconds. 12%c. Butter—Market, easy: receipts. 10.328 tubs: extras. 23%c; extra firsts. 22©23c; firsts. 21®21%c; seconds. 19®20c; standards, 23tic. Poultry—Market strong: receipts. 2 cars; fowls. 18c; springers, 29c; Leghorns. 14c: ducks. 16c; geese, 12c; turkeys, 15® 18c; roosters. 12c; broilers, 2 lbs.. 30c; broilers, under 2 lbs., 25c: Leghorn broilers, 18c. Cheese —Twins. 12%®13c; voung Americas. 13%®13%c. Potatoes —On track, 151; arrivals. 45; shipments. 748; market steady: Oklahoma sacked bliss triumphs mostly $2.25; Virginia barrels, Irish cobblers, [email protected]. By United Press CINCINNATI. July B—Butter—Lower: -creamery in tub lots according to score, 20®22c; common score discounted 2®3c; packing stock No. 1. 18c; No. 2. 15c; No. 3. 8c: butterfat. 20®22c. Eggs—Steady; cases included: Extra firsts. 19%c: firsts, 14c; seconds. 12c: nearby ungraded. 15%c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 19c; 4 lbs. and over. 17c: 3 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, 29c: fryers. 3 lbs. and over. 29c; partly feathered. 15® 20c; Leghorn broilers. 1 lb. and over. 20c; 1% lbs. and over. 22c; 2 lbs. and over. 25c; black springers. 20c. By United Press CLEVELAND. Julv B.—Butter—Extras, 27%c: standards. 27%c: market, weak. Eggs—Extras. 18%c: firsts. 15%c; market, easy Poultry—Heavy fowls. 19c; medium, 20c: Leghorn fowls. 13@15c; heavy broilers. 22@28c: Leghorn broilerss. 16®20c; ducks 15®22c: old cocks. 12c: geese. 10®13cmarket, firms. Potatoes—North Carolina cloth top stave barrel best. $2.50: Virginia Cobblers, cloth top stave barrel. [email protected]. Other Livestock By United Press TOLEDO. July 8— Hogs—Receipts. 200; market .steady: heavies. [email protected]: mediums. *7.25®7.50: Yorkers. 51.2bmi.50pigs. [email protected]. Calves—Receipts, light: market, steadv. Cattle—Receipts, light: market, steady. Sheeo —Receipts, light: market, steady. By United Press EAST BUFFALO July B.—Hogs on sale 1.200: fairly active. 10® 15c higher; desirab’f 150-210 lbs.. $7.9028; 235 lbs.. $7.40-250-280 lbs.. $6.60@7. Cattle—Receipts. 200: cows predominating, steady to strong cutter grades, $1.50® 3.25: common and medium bulis. $3.25® 4. Calves—Receipts 150. vealers active 50c higher, bulk better lots. $9. common and medium semi so Sheep—Receipts. 200: Lambs active 25® 50c higher: near choice $8.75. bucks, 5t.75. medium kinds $7. sheeD firm. By Times Special LOUISVILLE. July B—Hogs: Receipts. 700 lac higher: 250 lbs. up. $6.80: 175250 lbs.. *7.35: 130-175 lbs.. $6 70: 130 lbs. down, $605; roughs, $4.30©5.30; stags. $.-..55. Cattle—Receipts. 100: market, slow, steady: urime heavy steers. s6® 7: heavy shipping sters. ss®6: medium and plain steers. fat heifers. $5<S7: common to <;Ood heifers. s3®s: good to choice cows. $3®4.25: medium to good cows. $2.50@3: ennners. [email protected]: bulls. *2 13.50: feeders. $4.50*76 Stockers, S3’JM so. Receipts 300: market, steadv: choice. $6: medium to good. *4.50®5 *n ; outs $4 down. Sheep—Receipts. 2.000: market, steady: ewes and wether lamt's. IZ'JJ- 25 v hue* lambs. s6® 6.25: seconds. 53.50: sheep. sl©2. Tuesday’s shipments—f**tle .24; calves. 235; hogss. none; sheep. 186. Former Official Accused By Times Special CLINTON. Ind.. July B.—Wilmont Conner, former Clinton police chief, faces for the second time & charge of violating the dry law.
BUYING BOOSTS HOGS 25 CENTS AT CITYYARDS Cattle Show Gains in All Classes; Sheep Active and Steady. June Bulk. Early Top. Receipts 30. $6.65© 7.35 $7.35 7.000 July 1. 6.653 7.35 7.35 3.500 2. 6.800 7.45 7.45 2.500 3. 7.003 7.65 7.65 2.500 6. 6.90 3 7.55 7.55 8.000 7. 6.60 3 7.50 7.50 5.000 8. 6.853 7.75 7.75 4.000 Hogs showed the effects of increased buying power this morning with an advance of 25 cents on most classes. The bulk, 140 to 300 pounds, sold for $6.85 to $7.75; early top holding at $7.75. Receipts were estimated at 4,000; holdovers were 294. Better grade steers and light heifers were up 25 cents in the cattle market with other classes showing strength. Receipts were 900. Vealers moved up 50 cents, selling at $7.50 down. Calf receipts numbered 600. Lambs were active with the market fully steady, Receipts were 1,500. Chicago hog receipts were 13,000, including 2,000 direct. Holdovers 6,000. Market opened aroimd 10 cents higher than Tuesday’s average. Good *to choice hogs weighing from 180 to 220 pounds sold at $7.40 to $7.50; some held higher. Cattle receipts 7,000. Calves 2,000, and steady. Sheep receipts were 14,000, market steady. HOGS Receipts, 4,030; market, higher. —Light Lights—-(l4o-160) Good and choice...s 7.25® 7.35 —Light Weights—-(l6o-180) Good and choice... 7.75 (180-200) Good and choice.. 7.75 —Medium Weights—-(2oo-220) Good and choice... 7.50® 7.65 (220-250) Medium and goed... 7.15® 7.50 —Heavy Weights—-(2so-230) Medium and good.. 6.853 7.15 (290-350) Medium and good.. 6.50® 6.85 —Packing Sows—-(27s-500) Medium and g00d... 4.00 3 5.25 (100-130) Slaughter pigs 7.003 7.15 CATTLE (Slaughter Class) Receipts, 900: market, higher. —Steers— Good and choice $ 7.25® 8.75 Common and medium 5.25® 7.25 (1.100-1.503) Good and choice 7.00 3 8.50 Medium 5.50® 7.00 —Heifers—-(soC-850) Good and choice 7.25® 8.50 Common and medium 4.50® 7.25 —Cows— Good and choice 4.25 3 5.25 Common and medium 3.25® 4.25 Low cutters and cutters 1.753 3.25 —Bulls (yearlings excluded) Good and choice beefs 3.75 3 4.50 Cutter, common and medium.. 2.50® 3.75 CALVES AND VEALERS Receipts, 600; market, higher. Ycilcrs Good and choice $ 7.003 7.50 Medium 5.00® 7.00 Cull and medium 3.00® 5.00 —Calves— Good and medium 4.50® 6.50 Common and medium 3.00® 4.50 STOCKERS AND FEEDER STEERS Good and choice 5.003 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 Receipt*. 1,500: marget. steady. Good and choice $ 6.50® 8.00 Common and medium 4.00 3 6.50 Ewes, medium and choice.... 1.003.2.25 Cull and common 50® 1.00
Other Livestock By United Press CHICAGO. July B.— Hogs—Receipts. 13.000. including 2,000 direct; mostly 10c higher; pigs and light lights. 10@25c up; packing sows.- lo@2oc higher; bulk 170220 lbs.. $7.3507.50; top. $7.55; 230-350 lbs.. $5.7507.35, pigs. $6.1506.75: light lights to $7.25; packing sows. [email protected]: light lights. 140-160 lbs., good and choice, $6.7507.25; lightweights, 160-200 lbs., good and choice. [email protected]; medium weights. 200-250 lbs., good and choice, [email protected]; heavy weights, 250-350 lbs., good and choice. $5.7507.20; packing sows. 275-500 lbs., medium and good. $4.50(05.60: slaughter pigs. 100-130 lbs., good and choice, $6.1506.75. Cattle—Receipts. 7.000; calves. 2,000: yearlings and light steers, strong to 25c higher; all grades she stock sharing advance; weighty steers slow, mostly steady: extreme top. 900-lb. yearlnig steers. $8.65: best heavy steers early. $8; bulk all ted steers and yearlings, s7@B; yearling heifers up to $8.10; slaughter cattle and vealers: Steers. 600900 lbs., good and choice, $7.5008.75; 9001.100 lbs., good and choice. [email protected]; 1.100-1,300 lbs., good and choice. 86.75® 8.50; 1.300-1,500 lbs., good and choice. [email protected]; 600-1,300 lbs., common and medium, ss®>7; heifers. 550-850 lbs., gcod and choice, $6.75(5:8.25; common and medium. [email protected]; cows, good and choice. $4(55.50; common and medium. $3.25@4; low cutter and cutter cows. [email protected]; bulls, yearlings excluded, good and choice, beef. $4.2504.55; cutter to medium. $3.75 @4.75; vealers. milk fed, good and choice, $7.50@8-50; medium, $5.50(57.50: cull and common, [email protected]; stocker and feeder cattle: Steers, 500-1,050 lbs., good and choice. 55.5007; common and medium. [email protected]. Sheep—Receipts. 14,000: strong to 25c higher: • shee.p 50c higher in instances; good to choice native lambs. $7.2507.65 to packers: choice rangers. $7.85; best held around. $8: outstanding range ewes. $3.50 to packers. Slaughter sheep and lambs — Lambs, 90 lbs. down, good and choice. $7.25@8: medium. $5.50(57.25: all weights common. $4 0 5.50: ewes. 90-150 lbs., medium to choice, [email protected]: all weights, cull and common. [email protected]: feeding lambs. 50075 lbs., good and choice. [email protected]. By United Press FT. WAYNE, July B.— Hogs—Market, 15®35c higher; 100-140 lbs., $7; 140-100 lbs., $7.15; 160-180 lbs., $7.40; 180-200 lbs., $7.50; 200-220 lbs., $7.30; 220-240 lbs.. $7.15; 240-260 lbs., $7; 260-280 lbs., $6.85; 280-300 lbs., $6.70; 300-325 lbs., $6.50; 325350 1b6., $6.25; rought. $4.25; stags. $3.25; calves, $7.50; lambs, $7. By United Press EAST ST. LOUIS. HI.. July B.— Hogs Receipts. 7.500; market. 5 to mostly 10c higher: bulk 160-235 lbs.. [email protected]; few lots. $7.55: 240-260 lbs.. [email protected]; $6.50 paid for 325 lbs.. 150 lbs. down. $7 07.25; cows, $4.25©4.75: few up to $5. Cattle —Receipts. 2.800: calves, receipts. 1.200: market, not fully developed: steers, steadv to strong: Western steers unsold, mixed yearlings and heifers, 25c higher: bulls, 25c higher: cows, strong to 25c higher; vealers. 50c higher at $7.50. Sheep—Receipts. 3.000: market, lambs, opened steady to strong: most asking higher: early sales to packers. $6.75 to mostly $7: throwouts. $3; clipped ewes. $2 down. By Times Special PITTSBURGH. July B.— Hogs—Receipts. 500; market, steadv to 10c higher: 160210 lbs.. S808.1O: 220-250 lbs.. $7.25® 7.75: 120-150 lbs.. $7.65®7.90; medium to good packing sows. $4.5005. Cattle—Receipts. 25: market, little changed: common to medium steers and heifers. ss® 6.25; cutter to medium cows. [email protected]. Calves —Receipts. 150; market, steady: bulk better grade vealers. $7.50®8.50: common and medium. $4®6.50. Sheep—Receipts. 500: bid about steady for good and choice lambs at $708.50. By United Press CLEVELAND. July B. —Hogs—Receipts. 900: holdover, none; 160-230 lbs. sorts 10c higher at $7.90; others steady; 240-250 lbs. weights and most pigs. $7.50: 260-300 lbs., $7.25; rough sows. $5. Cattle—Receipts. 225; around steady; light steers eligible around $6.2506.75 predominating; low cutter to medium cows 150 to 350 principally shells under $2. Calves—Receipts. 650: strong to 50c higher; better grade vealers. $8.50 to $9 largely; common to medium, $6.50 to $7.50: weighty grass kind within same spread; few culls. $5. Sheep— Receipts. 600: active: lambs. 50c spots $1 higher: nearly good to choice. $808.50; culls downward to $5; sheep Arm. By United Press CTNCf.NNATI. O. Jul v B—Hogs—Receipts. 1.000: heldover. 100: fairlv active. 10 cents to mostly 15 cents higher; spots up more on weights. 250 lbs. upward: better grade. 170-230 lbs.. $7.65 0 7.80: mostly S7.BP on 220 lbs. down: 240 to around 275 lbs.! $7.2507.60: 300 lbs. around $7: 120160 lbs., largely $7.10: sows, steadv; spots strong, medium weights, mostly $4.50; a few smooth lightweights. $4.75: heavies, downward to $4. Cattle—Receipts. 175: wives. 275: about steady: supply very lissht: odd lots common and medium grass s;eers and heifers. $4.5006: a few better finished kind. $6.5007.50: most beef cows, :;3 250 4.25: bulk low cutters and cutters. $1.7503: bulls. $4.25 down; vealers. more active, fully steady: good and choice. $6 07: lower grades. *5.50 down. Sheep— Receipts. 3.500: better JTTade ewes and wether lambs, active, steadv to strong; spots. 25c or more higher: bulk. *7.50 to mostly *8; best kind eligible to *8.25 or above lower grades and sheep steady; most throwout lambs. $5®5.50: bucks. *6®7; fat ewes. $lO2. By United Press LAFAYETTE. Julv B.—Hogs—Market. 10 ®2sc higher: 160-180 lbs.. *7.60: 180-200 lbs.. *7.70: 200-210 lbs.. *7.40: 210-220 lbs.. *7 25 : 220-240 lbs.. *7.15 : 240-260 lbs.. *7: 260-280 lbs.. *6.75 : 280-300 lbs.. *6.65: 300325 lbs.. *6.50: 140-160 lbs.. *7: 120-140 lbs.. *8.85: 100-120/ lbs.. 86.75: roughs, 84.60; top calves *6.50; top lambs. *B.
BANK STATEMENTS
Charter No. 132. Aetna Trust and Savings Cos. Report of the condition of Aetna Trust and Savings Company at Indianapolis, Ind., in the state of Indiana, at the close of business on June 30, 1931. E. S. GOODRICH, Chairman of Board, ROSS H. WALLACE, President. LEO M. RAPPAPORT, VicePresident. LOUIS S. HENSLEY, Vice-Presi-dent. J. S. GRIGGS, Secretary. O. R. OLSEN, Treasurer. RESOURCES Leans and discounts $ 830,916.98 Advances to trusts 22,367.60 United States government securities 68,731.22 Other bonds, securities. etc 304,372.35 Building leasehold 50,000.00 Furniture and fixtures. 14,061.23 Other real estate owned. None Due from departments. 8,732.37 Cash on hand and due from banks 382,053.81 Trust securities 697,981.95 Total $2,379,217.51 LIABILITIES Capital stock—paid in..s 250,000.00 Surplus 56,000.00 Undivided profits—net... 6,253.07 Demand deposits 825,055.73 Demand certificates ... 45,027.82 Time deposits 305,997.26 Trust deposits 144,063.83 Certified checks 3,312.84 Due to banks and trust companies 43,706.10 Secretary’s checks 920.85 Dividend checks 316.32 Due departments 576.74 Bills payable None Trust investments 697,981.95 Total $2,379,217.51 State of Indiana, County of Marion, ss: I, J. S. Griggs, secretary of the Aetna Trust and Savings Company, of Indianapolis, Ind., do solemnly swear that the above statement is true. J. S. GRIGGS. Subscribed and sworn to before me this 6tK day of July, 1931. CHARLES B. WILBERDING. (SEAL) Notary Public. My commission expires March 10, 1934.
Net Changes
By United Press NEW YORK, July 7.—Closing prices and net changes on principal stocks traded today on the ' New York Stock Exchange follow; American Can 108 7 /* 3% American & For Power ...'. 33% 3% American Telephone 177% 4% Atchison 160 8VAuburn 169% 18% Bethlehem Steel 49% 3% Byers 33% 3% Chase 79% 9% Consolidated Gas 94% 3% Electric Power 40% 2 General Electric 42% 1% General Motors 37 2Va International Nickel 14% 1 >,i International Telephone 33% 2% Kennecott 20% 1 Loew’s Inc 43% 2% Montgomery Ward 19% 1% National Power 25% 1% N Y Central 86% 7 North American 69% 2 Paramount 26 1% Pennsylvania 47% 1% Public Service 82 3 Radio 18% 1% Radio Keith 15V* % Sears Roebuck 55% % Standard Gas 65% 2% Standard Oil of N J 37% 1% Texas Coro 23% % Union Carbide 31% 2% United Aircraft 27% 2% United Corp 23% 1% U S Steel 98% 4% Vanadium 32 % 3% Westinghouse Electric 67% 4% Worthington Pump 50% 3%
New York Bank Stocks
(Bv Thomson & McKinnon) —July 7 Bid. Ask. America 45% 48% Bankers 93% 96% Brooklyn Trust 430 445 Central Hanover 227 232 Chase National 76 79 Chatham Phoenix Natl 6414 67% Chemical 48 50 City National 88 91 Corn Exchange 97 101 Commercial 250 260 Continental 20% 23% Empire 471/3 50% First National 3,500 3 700 Guaranty 457 462 Irving . 32% 34*4 Manhattan & Company .... 74% 77% Manufacturers 44 ar New, York Trust 146 151 Public 50*4 53*4 Births T ANARUS, Boys Vinoent/s*hospPtal. FranC6S BoUair - St ‘ James and Gretchen I.lcGarrell, St. Vincent's hospital. u(??J^?. 0 - n u a F d . Margaret Featherstone. St. Vincent s hosiptal. pital° yd and Thelma H °San, Coleman hospjSam and Rhoda White. Coleman hoshospital” 1 and Helen Sinclalr . St. Vincent’s ceirh r 0 d sp?t n al. MatUda H ° HOran ' St - Vln - McCann. 950 Sheffield. Herman and Yada Berting 720 Grove, pital aDd Eve ‘ yn Butler . Methodist hoshospital and Emma Mussman, Methodist pitnf 1 Bnd Ethel Dav,dson - Methodist hosNine°Sh nd 0130(116 Jones ’ 1211 East Ira and Edna Gyer. 725 Shelby. Oakland 3nd Loretta Mackel - 415 North Elza and Bonnie Soots, 1225 Alton. Earl and Florence Irwin. 650 Alton. Girls pjJohn and Helen Gish. St. Vincent’s hosho>ital. and Carrie Hendricks. Coleman pltaf rry and Mabel Par ish. Coleman hoshospUaL Bnd Thelma PennycufT. ColemanpjErnest and Ruth Reed. Coleman hosArsena? m &nd JeSSle wllco *°n. 1533 CaUforLa and LU,U Kers6y ' 730 North Michigan! and Velma Barrcr. 3215 West Deaths my&ardiits llll "' 6 °’ Lonz ho£Dltal - chronic hojpitalf 3 broncjSSd * pneumonia!* 81 lOdiana DiUl &n nlp e hrft'i| lalC ' “• St ' hosJe^wfiSSUSSTgJgSh 1 - 1539 * sk?n. rr accidental 9 ‘ CltV ho6Dital ’ fractured .(S 1 *!,. 1 ° ne , Buckley. 36. Methodist hosDitaL- tuberaulocus meningitis mvocarditi? nC6 ' 5K 3040 chronic ch^o a n t i h c ll^.oc K ardms rSen - 57 ’ Dawso “- mvo n ca?dUis V Sullenber * er - 57. 1933 Bloyd. Dneumonil Ver ' 55 ‘ City hosDital - hypostatic 402 North M cridUn. Rose Lee Gotland. 9 mo., city hosoital broncho pneumonia. nospiiai. P. Bowers. 65. Meridian 8s Ohio, cerebral apoplexy. • Octavia Bruce Deer. 46. St. Vincent’s hosDital. anDendicitis. 8 In the Air Weather conditions at 9 a. m.: Northeast wind, 6 miles an hour; temperature, 76; barometric pressure, 30.10 at sea level; ceiling, unlimited; visibility, 15 miles; field, good. RAW SUGAR PRICES —July 7 _ High. Low. Close. January .A 1.44 March 1.50 1.47 1.48 May 1.56 1.54 1.54 July 1.32 1.30 1.30 September 1.37 1.35 1.35 December 1.44 VA2 1,4*
Charter No. 392. Marion County State Bank Report of the condition of Marion County State Bank, at Indiaaapolis, In the state of Indiana, at the close of its business on June 30th, 1931. CHESTER L. ROBINSON, President. CLYDE E. ROBINSON, VicePresident. ROY C. SHANEBERGER, VicePresident. E. W. HUGHES, Cashier. W. A. BARNEY, Assistant Cashier. RESOURCES Loans and discounts $380,162.31 Overdrafts 142.16 U. S. government securities 100,000.00 Other bonds, securities, etc. 145,195.57 Furniture and fixtures... 7,500.00 Other real estate owned.. 12,193.35 Due from departments... 3,000.00 Due from trust companies, banks and bankers and cash on hand 117.627.82 Trust securities 1,450.00 Mortgage notes securing mortgage certificates... 55,318.32 Other assets not included in the above 11,856.95 Total $834,446.48 LIABILITIES Capital stock—paid in.\..s 50,000.00 Surplus 25,000.00 Undivided profits—net.... 11,311.31 Demand deposits $421,686.91 Demand certificates ... 156,513.49 Savings deposits 97,257.86 Trust deposits 2,152.19 Certified checks .... 510.90 Due to banks and trust companies . 6,604.28 Cashier’s checks 9,100.50 693.826.13 First mortgage certificates outstanding 50,000.00 Trust investments 1,450.00 Other liabilities 2,084.25 Reserved for interest 774.79 Total $834,446.48 State of Indiana, county of Marion, ss: I, E. W. Hughes, cashier of the Marion County State Bank of Indianapolis, Ind., do solemnly swear that the above statement is true. E. W. HUGHES. Subscribed and sworn to before me this 6th day of July. 1931. (SEAL) BLANCH MYERS, Notary Public. My commission expires August 29, 1931.
Charter No. 565. The State Bank of Massachusetts Ave. (Affiliated With Merchants National Bank) Report of the condition of The State Bank of Massachusetts Avenue, at Indianapolis, in the state of Indiana, at the close of its business on June 30, 1931: L. E. YUNCKER, President. F. W. JUNGCLAUS, Vice-Presi-dent. A. J. KRUEGER, Jr., Cashier. RESOURCES. Loans and discounts ....$227,062.04 Overdrafts 28.51 i United States governI ment securities 39,200.00 , Other bonds, securities, ! etc 19,502.50 Furniture and fixtures... 3,150.00 Cash on hand and due from banks 101,980.90 Cash items 746.13 Other assets not included in the above 125.00 Total $391,795.08 'LIABILITIES Capital stock—paid in...s 25,000.00 Surplus 7,500.00 Unlivided profits—net ... 6,172.54 Demand deposits $226,394.65 Demand certificates ... 550.00 Savings deposits 124,822.20 Certified checks .... 730.69 352,497.54 Dividend unpaid 625.00 Total 391,795.08 State of Indiana, County of Marion, ss: I, A. J. Krueger Jr., cashier of the State Bank of Massachusetts Avenue, Indianapolis, do solemnly swear that the above statement is true. A. J. KRUEGER JR. Subscribed and sworn to before me this 6th day of July, 1931: GEORGE C. CALVERT, [SEAL] Notary Public. My commission expires March 23, 1934. 3 TRAIN SCHEDULES CHANGED BY PENNSY Louisville, South Bend, Vincennes Lines Go On New Time. Pennsylvania railroad officials have announced a change in schedule of arrivals and departure of Train 324, Indianapolis to Louisville; Train 319, Indianapolis to South Bend, and Train 324, Vincennes to Indianapolis, effective July 7. Train 324, which formerly left Indianapolis at 6:15 p. m., will now leave at 6:40 p. m. Arrival at Louisville will be at 9:20 p. m., ten minutes later than the old schedule time. Train 319, which formerly left here at 6 p. m., will now leave at 6:45 p. m. It will arrive at South Bend at 10:25 p. m. Train 334 will leave Vincennes at 2:40 p. m., fifteen minutes earlier than the old schedule, and will reach Indianapolis at 6:25 p. m., ten minutes earlier than the old schedule. • ARRESTED AFTER RAID Cigar Store Owner Faces Charge of Owning Pool Tickets. Ivan Bell, 38, of 2654 Northwestern avenue, was arrested today on charges of operating a lottery when police said they confiscated twentytwo baseball pool tickets in bis cigar store.
.JULY 8, 1931
CHARTER NO. 632 Madison Ave. §tate Bank Report of the condition of Madison Avenue State bank at Indianapolis in the state of Indiana, at the close of its business on June 30, 1931. OFFICERS: GEORGE HILGEMEIER, President. CHAS. HAFER, Vice-President. J. F. DAVIS. Cashier. L. P. CARPER, Assistant Cashier. RESOURCES Loans and discounts $315,312.74 Overdrafts 99.43 Other bonds, securities, etc 44.262.30 Banking house 18,000.00 Furniture and fixtures... 7,303 33 Due from departments... 1,801.09 Due from trust companies banks and bankers and cash on hand 74,669.54 Total $461,448.43 LIABILITIES Capital stock paid in....$ 25,000.00 Surplus 8.000.00 Undivided profits, net .... 2.395.33 Demand deposits ...$207,781.53 Time certificates.. 28,225.33 Savings • Deposits 182,826.59 Certified checks 1,415.00 Cashier’s checks 24.25 420,272.70 Dividends unpaid 750.00 Reserves , 5,030.40 Total $461,448.43 State of Indiana, County of Marion, ss: I, J. F. Davis, cashier of the Madison Avenue State bank of Indianapolis, do solemnly swear that the above statement is true. J. F. DAVIS. Subscribed and sworn to before me this 6th day of July, 1931. R. J. LEACHMAN, [SEAL] Notary Public. My commission expires October 4, 1932. Charter No. 521. Brightwood State Bank (Affiliated with Merchants National Bank) Report of the condition of Brightwood State Bank, at Indianapolis in the state of Indiana, at the close of its business on June 30, 1931. J. M. MENDENHALL, President. J. HENRY FISSE, Vice-President. PAUL F. CROSS, Cashier. ROBERT W. HUGGINS, Assistant Cashier. RESOURCES Loans and discounts $175,098.98 Ovedrafts .26 U. S. Government securities 900.00 Other bonds, securities, etc 19,180.00 ! Other real estate owned. 2,699.25 Due from trust companies, banks and bankers and cash on hand 33,783.60 Cash items 220.50 Total 231,882.59 LIABILITIES Capital stock—paid in...s 25,000.00 Surplus 19,000.00 (Undivided profits—net... 9,623.% ! Demand deposits ...$111,556.69 ! Time certificates 13,557.89 Savings deposits ... 51,729.60 Special deposits ... 570.00 Certified checks .... 94.45 Cashier’s—Treas. checks. 177,508.63 Unpaid dividends 750.00 Total $231,882.59 State of Indiana, County of Marion, ss.: I, Paul F. Cross, cashier of the Brightwood State Bank, Indianapolis, Ind., do solemnly swear that the above statement is true. PAUL F. CROSS. Subscribed and sworn to before me this 6th day of July, 1931. GEORGE O. CALVERT, [SEAL] Notary Public. My commission expires March 23, 1934. Charter No. 108 Fidelity Trust Company Report of the condition of Fidelity Trust Company, at Indianapolis, in the state of Indiana, at the close of its business on June 30, 1931: JAMES M’NULTY, President. JAMES G. FLAHERTY, VicePresident and Treasurer. TIMOTHY P. SEXTON, VicePresident and Secetary. THOMAS X. LANAHAN, Assistant Secretary. RESOURCES. Loans and discounts ...$ 644,490.28 Overdrafts 195.91 Advances to estates and trusts 23,599.43 United States government securities 25,077.62 Other bonds, securities, etc 672,794.89 Furniture and fixtures.. 100.00 Other real estate owned 16,149.27 Due from departments. 824.75 Due from trust companies, banks and bankers and cash on hand 255,936 79 Trust securities 58,313.91 Total $1,697,982.85 LIABILITIES Capital stock—paid in..s 100,000.00 Surplus 50,000.00 Undivided profits—net.. 100,000.00 Reserve for interest and _ taxes 37,289.57 Demand deposits ..$831,885.34 Time certificates .. 80,454.39 Savings deposits ~ 416,533% Trust deposits 8,083.21 Certified checks .... 2,889.67 Cashier’s—treasurer’s checks .... 8,349.84 1,348,195.78 Trust investments 58,81351 Due to departments ... 3,68359 e,* T s tal * $1,697582.85 State of Indiana, County of Marion, ss: I, Timothy P. Sexton, secretary of the Fidelity Trust Company of Indianapolis, do solemnly swear that the above statement is true. TIMOTHY P. SEXTON. Subscribed and sworn to before me this 6th day of July. 1931 [SEAL] JAMES E. ROCAP, Notary Public. My commission expires Nov 22 1933. *
