Indianapolis Times, Volume 43, Number 52, Indianapolis, Marion County, 10 July 1931 — Page 22
PAGE 22
;STOCK SHARES t SHOW GAINS IN LIGHTSESSION Bearish Steel Report Has No Effect on Rest of List.
Average Stock Prices
<iav V 4 r . ae i*?o, thlrtv , industrials for ThursUD Average of twenty 81j5. ud .44. Average of twenty utilities was 58 69. ud .32. Average of Zorty bonds was 95.79. off .I#. BY ELMER C. WALZER United Press Financial Editor NEW YORK, July 10.—A drop of 141,129 tons In unfilled orders of United States Steel Corporation announced at noon today was the signal for heavy selling in United States Steel stock and the issue broke more than a point. The remainder of the list, however, held around the opening levels • with the majority showing small gains. The decrease in Steel’s unfilled orders brought the corporation’s 'backlog of orders, as of July 1, to 3,479,323 tons, the lowest since September, 1930. A decline had been anticipated, but not of the scope of the one reported. After the report was announced, Steel went to 95Vi, but within five minutes the issue was meeting support and it rallied to around 96. Trade Is Quiet i Trading was very quiet in the , early part of the session. The street was still apprehensive over the continued withdrawals of foreign exchages from the Reichs(bank. Today withdrawals ran between 30,000,000 and 40,000,000 marks. -President of the Reichsbank, Hans Luther, continued his negotitions for a large loan to aid the ( bank. The loan of $100,000,000 participated in by the New York • Federal Reserve bank, Bank of ; England, Bank of France and Bank ;of International Settlements a short •time ago comes due July 15, and to |ineet this an equal amount of credit -must be obtained for a longer period. It is rumored Luther is seeking a credit of $400,000,000. Foreign markets moved irregularly in quiet trading. Commodities ’were down with wheat at new lows since 1894 and cotton down about ,75 cents a bale. Range Is Narrow The stock market opened irregular and moved in a narrow range most of the morning. Steel at one Wmo dipped to 95%, off 1%. Toward Inoon the stock rallied smartly from Jthe low. Other steel shares were clown, Bethlehem losing IV4 to 47 Sn fears the dividend would be re- ' uced. i American Can and Fox Film A lost more than a point each. In the railroad group Union Pacific Jvas down a point at 164V4 while bther carriers moved in a narrow *rc. Utilities were close to or slightly 'above the previous close. , Gold mining issues, notably ■Alaska Juneau, firmed up, the latter netting a gain of more than a point. Motor shares were quiet and firm with the exception of Auburn which sold off more than a point. Du Pont was up on its working agreement with Commercial" Solvents while the latter stock held steady. Drug Inc., rose on maintenance of good earnings of the company.
Bank Clearings
INDIANAPOLIS STATEMENT “ —July 10— .Clearings *2,842.000.00 Debits 9.578,000.00 CHICAGO STATEMENT —July 10— .Clearings $80,300,000 Balances 16.600.000 ‘ TREASURY STATEMENT * —July 10Net balance for July 7 $409,338,055.03 Expenditures 13.906.531.20 Customs rects. mo to July 8 6,792,395.51
New York Curb Market
(By Thomson & McKinnon) —July 10 — 11:30| 11:30. Alum Cos of Am. 132 IHumble OH .. 62 Am Cynamid .. 7% Midwest Ut ... 17% Am Sup Pwr.. 11% Nia Hud Twr.. 11% Ass Gas & El A 13% Niles 12% Cent Sts Elec 7%150 Union Gas.. 8 Cities Serv... 11%'std of Ind 26% Cord 9 I Std of Ohio.. 42% Elec Bnd Sh ~ 41%|Stutz 14% ■Ford of Can. 17% Un Gas 6% Ford of Eng... 12%!Un Lt & Pwr. 12 Fox Thea 2% I Vacuum Oil ... 41% Goldman Sachs 5%\United Fndrs.. 5% Gulf Oil 57%1 Chicago Stocks Opening (By James T. Harnill & Cos.) —July 10 — Ass Tel Util... 24%jlnsull 6's ’4O 85% Bendix Avin... 20% t Lib McNeil Prod 10 Borg Warner... 19%jM0 Ka PI Lne.. %% Central 111 20 .Middle West 17% Cord Corp .... 9 iSbd Util 3% |Cont Ch Com. 5%!U 8 Ra ft Tel. 22% (Comm Edison .304 IU S Gypsum.... 38 Chgo Sec lSHlWalereen Strs.. 18 Gt Lks Arcft.. 3%;Zenith Radio... 2% Insull C0m.... 30%! DIAB GYPSY ‘KING,’ PAL Suspect Pair of Complicity in Chicago Bombings. By United Press MICHIGAN CITY. Ind., July 10. '—Two gypsies, one of whom is Tine Bimbo, self-appointed king of 300,000 vagabonds in the United States, were being held here today for Chicago authorities who suspect them of complicity in several bombings. The other was Pete Tene, 23, reputed accomplice of Bimbo.
Specialists in Unlisted Securities Edw. W. Zaiser Securities Corporation 129 E. Market
James T. Harnill & Company Private Wire* to AH Leading Market*. Indianapolis MEMBERS Chicago Stock Exchange Chicago Board of Trade Indlanapolla Board of Trade Asaoeiated New York Curb 203 Continental Bank Bldg. Tel. Kite? 64*3—Riley 64*4
New York Stocks ————— IBv Thomson & McKinnon* ——————
—July 10 — Railroad*— Prev. High Low. 1! JO. close. Atchison 162% 162 162 162% Balt <fe Ohio ... 60 59 60 58% Cheaa * Ohio.. 36% 36 36% 35% Chesa Corp ... ...33 1 Chi Ort west 6% Chi N West 32 V CRI&p 41 Erie 22% 22% 22% 22% Great Northern 47 47 Oulf Mob St Oil 14 Vi Lou St Nash 77% MKSt T 14% 14% Mo Pacific 26% NY Central .... 88% 87% 88% 88% NY NH & H ... ... 73 Nor Pacflc 40 V Norfolk St West. .. 170% Pennsylvania .. 47'% 46% 47 47% Pactffc ... 83% 83% Southern Ry... 33% 33 33 34 St Paul 5% 8t Paul pfd '9% 9% St L St 8 F ... ... 18 Union Pacific 165% Wabash ... ... 14% W Maryland... 13% 13 13 13% Equipment*— Am Locomotive .. ... ... 19% Am Steel Fd 17V* Gen Am Tank 59 General Elec .. 42% 41% 42% 42% Gen Ry Signal 52 Pullman 38% 37% Westlngh Alrb 25% Westingh Elec.. 67% 66% $7 67 Rubber*— Goodrich 22% Goodyear 39 39% Kelly Spread...' 2 U S Rubber 14% 14% 14% 14'% Motors— Auburn 177 175 177 176% Chrysler 23% 22V. 22% 23% Gardner % Graham Paige ... ... 3% General Motors. 38% 37%. 37% 38% Hudson 1414 14 Hudd 7% Mack 31 Marraon 4 Nash 29 % 29 Packard 7% 7% Studebaker 18% Yellow Truck 8% Motor Access— Bendix Aviation 20% 20% 20% 20% Bora Warner 19V* 19% Brlggss 13% 12% 13% 13% Eaton 15 El Storage B 53% Houda 5 5 Stewart Warner 11 10% Tlmkln Roll 37% Mining— Am Metals 12% 10% Am Smelt 33 32% 33 33% Anaconda C 00... 25% 24% 25 25% Cal & Hecla 7% Cerro de Pasco 17% 17% Dome Mines 11% Freeport Texas 26% 26% Granbv Corp ... 14 14 Great Nor Ore 19% Howe Sound 19% Int Nickel 14% 14% 14% 14% Inspiration 7% Kennecott Cod.. 18% 18% 18% 19% Magma Cop 14 13% 13% 14% Miami Copper 6% Nev Cons 10 9% Texas Gul Sul 34% 35 U S Smelt 16% Atl Refining 15% Barnsdall 7% Houston ~. 8% Ohio Oil 10 10% Mex Sbd 14% 14% Mid Conti 8% Phillips 7% 7% Pr Oil & Gas 9% Pure Oil 7% Royal Dutch 30 % Shell Un 6% 6% Sinclair 10% 9% 9% 10% Standard of Cal 36% 36% 36% 36% Stand of N J ... 37% 37 37% 37% Stand of N Y ... 17% 17% 17% 17 Texas Cos 22 22 Union Oil 18 18 Steels— Am Roll Mills... 22% 21% 22 21 Bethlehem 47% 48% Byers AM 33% 32% 32'% 32% Cruc Stoel 42% Ludlum 11% Newton 10 Vb Repub I& S 15% 15Vg U S Steel 96% 95% 95% 96% Vanadium 32% 31% 32 32V* Youngst S & W 18'/a Tobaccos— Am Tob Anew ns Am Tob B new.. 122'% 122 122 122% Con Cigars 33% Lig & Myers B 73 72% Lorlllard 18% 18% 18% 18% Reynolds Tob 51% 51% Utilities— 2 Abitlbi 4% 434 Adams Exp ' '15% Am For Pwr 32% 31 % 31% 32% Am Pwr Ac Li 37% 37 A T & T 177% 176 176V 8 178 Col Gas Ac El.. 31% 31% 31% 31% Com Ac Sou 8% BV2 8% 8% El Pwr Ac LI.. 40% 39% 40% 40% Gen Gas A 5 4% 5 5 Inti T Ac T 33% 32 Vi 33 Vb 32% Natl Pwr Ac Li 25'% ... No Amer Cos 69% 69 69 69% Pav Gas Ac El 46 Vi 46% Pub Ser N J 81 80% So Cal Edison.!, ... 44% Std GAc E 1.... 64% 64 64% 63% United Corp 23% 22% 23 23% Ut Pwr Ac L A.. 23V5 23% 23% 23% West Union 114 Shipping— Am Inti Corp 14% Am Ship Ac Com % United Fruit 57% 57'/* Foods— Am Sug 52Vb 52% Armour A 2% 2% Cal Pkg 24Vi ... Can Drv I 40% 40% Childs Cos 21 Cont Baking A 15% 15% 15% 14'/ 2 Corn Prod 71 Cuban Am Sug. .. ... ... 4% Gen Foods .... 49 487 k 49 ... Grand Union...' 15'% 15% 15% 15% Jewel Tea 43 Kroger 28% 28 Nat Biscuit 60% 59% 59% 60% Purity Bak 31% Safeway St 57% 56 57'/* 54% Std Brands 18 18 Ward Bkg 4% Drugs— Coty Inc 8% 8% Lambert Cos • 66% Lehn Ac Fink ' 28 Industrials— Am Radiator ... 13% 13V2 Gen Asphalt 21% Otis Elev 33% Indus Chems— Allied Chem ...122 120% 122 122 Com Solv 17 16% 167 k 16% Union Carb .... 52% 51% 52% 52% U S ,Ind Alco 30 29% Retail Stores— Assoc Dry Gds 21% Kresge S S 26% 26% May D Store 36 % 36 36% 35% Mont Ward 19% 19% 19% 19% Penny JC ... ... 32% Schulte Ret St 7% Sears Roe 55 54'/< Woolworth 68% 67 68 68 Amusements— Bruns Balke ... ... 9 Col Graph IOVi 10 10% 10% Eastman Kod ..145 144 144 144% Fox Film A .... 17 16% 16% 17% Grigsby Gru 3% 3% Loews Inc 44 % 44Vk 44 >/ 8 44 % Param Fam .... 25 247 k 25 25%
Indianapolis Stocks
—July 10— Bid. Ask. American Cent Life Ins C 0... 1.000 Belt R R & Yds Cos com 30 35 Belt RR & Yds Cos pfd 65.... 49% 55 Bobbs-Merrill Cos 20 Central Ind Pow Cos pfd 75.... 74 Circle Theater Cos com 75.-... 100% ... Ciitzens Gas Cos com 10s 22 Citizens Gas Cos pfd 5s 99 101 Commonwealth Loan Cos pfd 7s 97 100 Hook Drug com 9% ... Indiana Hotel Cos Claypool ...105 Ind Hotel Cos pfd 6s 100 Tndpls Gas com 6s 56% 59 Indpls Pw & Lt Cos pfd 6%5.104 106 Indpls Pub Wei In Assn cm 8s 50 Indpls Wa Cos pfd 5s 100 Pub Servos Ind 7s 95% 98 Pub Servos Ind 6s 87 Metro Loan Cos 8s 102 North Ind Pub Ser Cos pfd 5%s 94 96% No Ind Pub Sv Cos pfd 6s 102 % 105 No Indiana Pub Cos 7s 11l % ... E Rauh & Sons Fert Cos pfd 6s 47 Shareholders Invest Cos 9% ... Ter Haute Tr & LI Cos pfd 6s 82 Union Title Cos com 3s 15 Van Camp Prod Cos Ist pfd 93 Van Camp Prod Cos 2d pfd BS. .. 93 Progress 18 Backstay Welt Cos com 13% 17 Ind Pine Line Cos 12% 14 Link Belt com 29 SI Lynch Glass Machine Cos com 19 20 Noblitt Sparks Industrials Inc 42% 44% Perfect Circle Cos com 32 34 Real Silk Hosiery Mills Inc.. 7% 9% Standard Oil Cos (Indiana).... 27 Ross Gear 18% 30 Natl Title 5% 6% J. D. Adams Manufacturing Cos 18 30 BONDS Bid. Ask. Belt R R A St Yds Cos 4s 92 Cent Ind Gas Cos 5s 99 Cent Ind Power Cos 6s 99% ... Citizens Gas Cos 5s 101 Citizens Street Railroad 5s 21 25% Home T. & T of Ft Wayne 65.102% ... Ind Railwy & Light Cos 5s ... 93 Indpls Pow & LI Cos 5s 103% ... Indpls Gas Cos 5s 102% ... Indpls Street Rvs 4s 11 Indpls Trac Terminal Cos 5s .. 42 Indpls Union Ry 5s 102 Indpls Water Cos 5%s ’54 104 105 Indpls Wat Cos Ist Hen ref ss. 100 Indpls Water Cos 4%s 100 101% Indpls Water Wks Sec Cos 55.. 90 Interstate Pub Serv Cos 4%5... 99% ... Interstate Pub Ser Cos (B> 6%5.105 Interstate 5s 99 No Ind Pub Serv Cos 103 Terre H T St L 5s 93
Investment Trust Shares
(By Gibson & Bernard.) PRICES ARE TO 12 NOON C. S. T. —July 10— Bid. Ask. Amer Found’s Corp com 3% 3% Am St Gen Sec “A" 13 Am Inv Trust Shares 4% 5 Basic Industry Shares 5 5% Corporate Trust Shares 4% 5% Cumulative Trust Shares 6% 7% Diversified Trustee Shares A 15'. ... First American Corp 7% 7% Fixed Trust Oil Shares 3% ... Fixed Trust Shares A 12% ... Inv Trust N Y 6% 7% Leaders of Industry. Series A 6% ... Nation-Wide Securities 6 6% National Industry Shares 5% 5% N Am Trust Shares 4% 5% Sel Am Shares 4% 5 Shawmut Bank Inv Trust ... 7 9 Universal Trust Shares 5 5% Super Corp of Am Tr Sh A 5% 6% FundamentgJ Trust Share* A 6% 6% Fundament**; Trust Shares A 6% 7 U S EUc L-ht & Pwr A.... 28% 30%
Radio Corp 17% 17% 17% 17% R-K-O 15 14% 14% 14% Warner Bros 7% 7% MiscellaneousCity Ice St Fu.. 31% ... 31% 31% Congoleum 10% 10% Am Can 107% 106% 106% 108% Cont Can 50% 51 Curtiss Wr 3% 3% Gillette SR 20% 19% 19% 20V 8 Un Aircraft 28 27% 27% 27% Int Harv 45%
Net Changes
By United Prsss NEW YORK, July 9.—Closing prices and net changes on principal stocks traded today on the New York Stock Exchange follow: Off. Up. Alaska Juneau 15',k % American Can 108% .. % American Teelphone 178 .. % Anaconda 25% Vk Auburn 176% .. 3% Case 78 .. % Chrysler 23% .. 1% Consolidated Gas 96 .. 1% Electric Power 40% .. % Fox Film A 17% 1% General Electric 42% .. 1% General Motors 38 Vk .. % Gillette 20% 1 International Telephone .... 32% .. % Kennecot 191% % Loew's Inc 44 % .. l Montgomery Ward 19% % Paramount 25% .. % Radio 17% % Radio Keith 14% . % Standard Oil of N J ... 37% % Texas Corp. unchanged.. 22 Union Carbide 52',k .. 1 United Corp 23% .. 7k U S Steel 96% .. % Vanadium 32% .. % Westinghousc Elec. unch.. 67 ... Worthington Rump' 50% .. %
New York Bank Stocks
(By Thomson As McKinnon) —July 9 , Bid. Ask. America 44% 471/2 Bankers 93% 96% Brooklyn Trust 400 410 Central Hanover 219 224 Chase National 73% 76% Chatham Phoenix Natl ... 64 67 Chemical 46 48 City National 83% 86% Corn Exchange 94 98 Commercial 260 270 Continental 20% 23% Empire 46% 401; First National .3,520 3 720 Guaranty 451 456 Irving 32% 3414 Manhattan Ac Company ... 73 76 Manufacturers 43% 45% New York Trust 145 150 Public 50 53
Produce Markets
Eggs (country run)—Loss off delivered In Indianapolis. 12c; henery auality. No. i. 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 quality. Quoted by Kingan & Cos. _ Butter (wholesale)—No. 1. 37®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 limberger. 30c.. By United Press NEW YORK, July 10.—Potatoes—Market weak and lower; southern, [email protected] barrel. Sweet potatoes—Easy; Jersey, baskets, $1.75®3.25. Flour—Market, dull and unchanged; spring patents. $4.35®4.50. Pork —Market, quet; mess $23. Lard—Market, easier: middlewest spot, $8 [email protected]. Tal-low-Market. quiet; special to extra. 3% ®3%c. Dressed poultry—Market, irregular; turkeys. 25®46c; chickens, 23@38cbroilers, 28®38c; fowls, 12@25c; Long Island ducks, 15@18c. Live poulty—Market easy; geese. 10®12c; ducks. 10@20c; (owls. 17®20c; turkeys. 12®25c; roosters. 12® 13c: broilers. 21®28c. Cheese—Market, quiet; state whole milk, fancy to special. 13(&23c; young America. 14%@19%c. By United Press CHICAGO, July 10.—Eggs—Market, firm; receipts 11,437 cases: extra firsts, 18c; firsts, 17c; curren receipts. 14® 15c: seconcis, 13c. Butter—Market, steady: reSo^ooi?’ 873 .^ extras - 23c; extra firsts. 22®22%c; firsts. 20%@21%c; seconds 19 ®l9%c; standards, 23®24c. Poultry—Market. firm; receipts, 1 car: fowls 19%c----fPf'hßcvs. 30®33c; Leghorns. 13c; ducks' 13@16c; geese, 32c; turkeys. 15®18c; roosters. 12c; broilers (2 lbs.), 31c; broil(u,nd" 2 lbs.). 26®29c; Leghorn broilers. 19® 22c. Cheese —Twins. 12%@13cyoung Americas, 13%®13%c. O" trac k. 54; arrivals. 22; shipments. 1,152, market, firm; Oklahoma and Arkansas sacked triumphs, $2.25®2 35- Virginia, barrels. Cobblers, [email protected]. By United Press CLEVELAND. July 10.—Butter—Extras 27c: standards, 27%c: market, weak. Eggs Extras, 18%c: firsts, 15%c market ?nr ad T^ Po,lU f V- f°^ l o S ' 20 @21c: medium! 20c ‘ fowls. 13®16c: heavy broilers 25® 30c: Leghorn broilers. 17®21cducks. 15® 22c: old cocks. 12c; geese.' 10® 13c. market, firm. Potatoes—North Carolina cloth top stave barrel, best $2.50: Virfy n s2 75 b few S s2* 65 h tOP StaV ° barrel - mostBy United Press P" July 10.—Butter. ‘•>n£ e o^ nerv ln tub lots - according to common score discounted. 2®3c: packing stock No. 1. 18c: No. 2. 15cNo 3,8 c: butterfat. 20@22c. Eggs—higher: cases included: extra firsts. 20c; P- r ; s , ts - seconds. 12c: nearbv ungraded. 13%c. Live poultry—Thin and coarse stock sell only at heavy discount: fowls. 5 lbs. and over. 19%c: 4 lbs. and over. 17c: 3 lbs. and ever. 13c: Leghorns. 3 lbs. and over. 13c: roosters. 10c: broilers, colored, L lb 'o p ,£ and ove , r - 22c: 1% lbs. and over, 26c. 2 lbs. and over. 30'/2c: fryers. 3 lbs and over. 31%c; partly feathered. 15@20c ; Leghorn broilers. 1 lb. and over. 20c; 1% lbs. and over. 22c: 2 lbs. and over. 25c: black springers. 20c.
Births Girls Frank and Mary Parrish, St. Vincent’s hospital. Owens and Ruth Graves 1602 Sheldon Robert and Juanita Hollowell, Methodist hospital. John and Emma Dodds, Methodist hospital. William and Mildred Baxter, Methodist hospital. Boys Bradlcv rlCk End Rena Yager - 615 North Peter and Alice Kcutzer. 2208 Morton James and Antanette Loftus, St. Vincent’s hospital. ho?pita 1 ! and and Marle Prather - St. Vincent's hospital and Carollne Ha nson. Methodist Methodist hoSp d tal MargUerite Brockman ' Deaths hypostatic 76 ' 2848 KenW °° d ‘ Margaret Besse, 70, 6411 Broadwaychronic myocarditis. Nancy Clara Worsham, 8 davs, 1314 Lobar pneumonia. .JT/ 1 "”® 11 ' 87 ‘ 942 west Vermont, Rascric hemorrhage. ^L e ? rKe , Pete f liern - 71 - 1122 Held Place, arterio sclerosis. Martha Overton. 19, 1525 Martindale. acute miliary tuberculosis. Justine O Smith. 83. 1727 North Talbot, cardio vascular renal disease. CONFER OI\I RAIL LAWS Application of Recent Acts Topic in Statehouse Parley. R. H. Harrington, Hammond, legislative agent for the Brotherhood of Locomotive Engineers conferred today with J. K. Smith, railroad inspector for the public service commission, regarding application of recent legislation to the conduct of the roads. Other Livestock By United Press EAST BUFFALO. July 10 Hogs—On sale. 1.200: active to all interests. 10® 15c over Thursday’s close; bulk desirable, 130210 lbs.. $8.15® 8.25: 230-250 lbs.. $7.50® 7.75: 260-275 lbs.. $7.25; packing sows, $5 ®5.50. Cattle—Receipts. 175: cows and bulls, steady to 25c higher, cutter cows. $1.75®3.25; fat bulls. $4.50: common around. $3.50. Calves—Receipts. 350: vealers .active, fully 50c higher, good to choice, mostly $9.50: common and medium. $6.50®8. Sheen —Receipts. 200: lambs, unevenly higher, odd sales up 25®50c; near choice. $9.25; medium kinds. $7.50; throwouts. $7. By United Press CLEVELAND. July 10. —Hogs—Receipts. 800: holdover none; steady to 15c lower or around $8®8.15 on 160-230 lbs., offerings: 240-300 lbs., sorts. $7.50®7.75, according to weight and quality: pigs. *7.75: rough sows. *5.25: higher in instances. Cattle—Receipts. 75: around steady; good 1 154-lb. dry fed steers. *7.25: low cutter to medium cows. *2®4. Calves- Receipts. 200: venlers. strong to 50c higher again; better grades upwards to *9.50® 10: medium. *7.50®5: heavy extra kinds. *7®B: little as low as $6.50. Sheep—Receipts. 400: lambs. 25®50c higher: medium to good ouality. 58®8.75: offerings, considered; choice. *9.50; sheep, sharing advance; most owes. S3v 1-50. .
; THE INDIANAPOLIS TIMES
PORKERS SHOW LITTLE CHAN6E AT CITY YARDS Slaughter Class Cattle Hold Steady; Veals Advance. Bulk. Early Top. Receipts July 2. 56.80® 7.45 *7.45 2.500 3. 7.004* 7.65 7.65 2.500 6. 6.90® 7.55 7.55 8.000 7. 6.60® 7.50 7.50 5.000 8. 6.85(3 7.75 7.75 4.000 9. 7.00a 7.75 7.75 5 000 10. 7.00© 7.60 7.60 6,500 Swine showed little change this morning at the city stockyards, prices ranging steady to 15 cents lower. The loss was apparent on weights from 160 to 240 pounds. The bulk, 140 to 300 pounds, sold for $7 to $7.60; early top holding at $7.60. Receipts were estimated at 6,500; holdovers were 209. Action was dull in the cattle market with slaughter classes holding steady. Receipts were SCO. Vealers moved up sl, selling at $8.50 down. Calf receipts were 600. Ewe and weather lambs were steady at $8 to $8.50, bucks making the market at $7 to $7.50. Sheep receipts were 1,500. Chicago hog receipts were 17,000, including 6,000 direct. Holdovers 5,000. Early sales and bids held fully steady with Thursday’s best average, while better grades sold 5 to 10 cents higher than the average. Good to choice hogs weighing 180 to 220 pounds sold at $7.50 to $7.60; some held higher. Cattle receipts were 2,000 Calves 300, and steady. Sheep receipts were 9,000, market mostly 25 cents higher. HOGS Receipt*. 6,506; market, steady. —Light Lights—-(l4o-160) Good and choice...* 7.25® 7.35 —Light Weights—-(l6o-180) Good and choice... 7.60 (180-200) Good and choice 7.60 —Medium Weights— "~ (200-220) God and choice... 7.55(3 7.55 (220-250) Medium and good.. 7.30® 7.50 —Heavy Weights—-(2so-290) Medium and good.. 7.00(3 7.30 (290-350) Medium and good.. 6.60® 7.00 Packing Sows (275-500) Medium and g00d... 4.00(3 5.25 (100-130) Slaughter Digs ‘7.00® 7.15 CATTLE (Slaughter Class) Receipts, 500; market, steady. —Steers— Good and choice * 7.25® 8.75 Common and medium 5.25® 7.25 (1.100-1.500) ... Good and choice 7.00® 8.50 Medium 5.50® 7.00 —Heifers—-(soo-850) Good and choice 7.25® 8.50 Common and medium 4.50® 7.25 Good and choice 4.25® 6.25 Common and medium 3.25@ 4.25 Low cutters and cutters 1.75® 3.25 —Bulls (yearlings excluded) Good and choice beels 3.75® 4.50 Cutter, common and medium.. 2.50® 3.75 CALVES AND VEALERS Receipts, 600; market, higher. Good and choice' fTT....* B.oo® 8.50 Medium 6.00® 8.00 Cull and medium 4.00® 6.00 —Calves— Good and medium 4.50® 6.50 Common and medium 3.00® 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, steady. Good and choice $ 7.00@ 8.50 Common and medium 4.00® 7.00 Ewes, medium and choice....' I.oo® 2.50 Cull and common 50® 1.00
Other Livestock By United Press CHICAGO. July 10.—Hogs—Receipts. 17,000, Including 6,000 direct; steady to 10c higher than Thursday’s average: packing sows unevenly steady; bulk 170-220 lbs.. [email protected]; top. $7.70; 230-320 11-s.. $6.25® 7.50; pigs, [email protected]; light lights, $7.25® 7.60; packing sows, $4.65®8.50; few to $5.75; light lights, 140-160 lbs., good and choice. $7.15®7.60; light weight 160-200 lbs., good and choice, $7.40®7.70; medium weights. 200-250 lbs., good and choice, $7.25 ®7.70; heavy weights, 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. $6.35®7.25. Cattle—Receipts, 2,000; calves, 300; trade on light yearlings, light weight steers and practically all grades butcher stock active, strong; supplies very scarce: best mixed yearlings, $8.40; bulk light steers and yearlings, $6.50@8; medium weights and weighty steers slow at Thursday s sharp decline; best medium freights. $7.75; bulls easy; vealers, strong, slaughter cattle and vealers; steers, 600-900 lbs., good and choice. $7.75®8.75; 900-1,100 1 !„■/. B ,T d and Choice, [email protected]; 1,100- , TnA ,? ood a ” d choice, $6.7508.50: Ln, 0( L lbs '’ KOod and choice. $6.50®8; 7 00 nl'if2?. lb n c 2?i n ?2 n and lned 'um, $5.25® c e n ifers ’ lbs., good and choice $7 ®8.50; common and medium, s4@7: cows good and choice. [email protected]; common and s?| and i U sn‘ low cutter and cutter, u'■ bull .l (yearlings excluded), good and choice (beef), [email protected]; cutter to 52 '5°®4.75; vealers milk fedi. good and choice. [email protected]; madium, s7® f: 7 ®,: cul! am; common, ss®7: stocker and feeder cattle; steers. 50-1.050 lbs., good and uh t ep —Receipts. 5.000; all classes 25®40c higher; better grade lambs un bulk latter. [email protected] few $7 85 P H J,? ads 80-lb. Oregons $8 to shippers and ?ithi erS ,' A rctl V choice yearlings. $6.50" light weight ewes. $3®3.50. Slaughter sheep and lambs: lambs 90-lb. down good 7 25- a 1 ?] 01 wAib*t' 25 ® 8-25 ’ medium Vm>® on iso common, [email protected]: ewes. me . dlum . to choice, 1.75@3,50; weights cull and common, *l®2; feedla.mb?: feeding lambs, 50-75 lbs. good and choice. [email protected]. 8 By United Press LOUIS. July 10.—Hogs Rerec€°iDts' 25 l iit7w celpts *, 8C0; calves, receipto 600, market, vealers 50tf?75r higher at $9.25; other classes fiirlv active and generally steady, but strong on steers* heYfer°s ad SB 28- iV t e nn teer H- $7lO: u tOD 66n -lb'Sh I (^pilß*e B c 2 i 5 p t s^ O ?, C oo? d market bU lam b s 4ac--725'. rn h,?il V <. 25 ( ,*V£n? r: bulk lambs,' s7® clipped ewes. $2 dS_ thr °*' oUts - 53; By United Press 7 . HITT'S BURGH. July 10.—Hogs— Receipts 'SO, market mostly strong to 10c hlehpr-JSO-210 lbs., sB®B 25; 220-250 lbs $1 25® SnWnr? 50 bl £v 56.25®7.10: 100-140'lbs.' 57.75(88.10. packing sows. s4®s Cattle 1 §eeei D f S ‘ market nominal.' ‘ Calves* ?e e <fle i il tS 'o 125 V ab °ut steady; top S7ftt r sn * 9 ‘c:wi her E° od , and choice grades. 57f(i8.50. Sheep—Receipts, 500: market lamhf f te a y: choice ewes and wether lambs up to $9: good lambs down to $7 75common and medium. $4.50®6.75. * By United Press FT. WAYNE, July 10—Hoes Market steady; 100-140 lbs.. 140-160 lbs $7 15-188-180 22 °-240 lbs.. $7.25; 240-260 *bs.. *7.10; .60-280 lbs.. $6.95; 280-300 lbs $6.80: 300-325 lbs., $6.60; 325-350 lbs., $6.35 : lambs S ’s 7* 4 ' 25 ' stags ’ 53.25; calves, $8; By United Press LAFAYETTE. July 10.—Hogs—Market s£c ad V to 20c lower: 160-180 lbs.f $7.40- 180290 1b5..>7.35; 200-210 lbs.. $7.30; 210-220 7 S ns S ef n 5 'eo 2 e °,L 240 lbs " $7 1 5: 240-260 lbs. IL°s,v,- J6O C 280 lbs - *8 90: 280-300 lbs. $6 75 588-820 lbs.. $6.50: 140-160 lbs.. $7; 120$6 -? 5 : 100-120 lbs., $6.75; roughs. $4.(5 down; top calves. $8; top lambs, $6.50. By United Press 3 10.—Hogs—Receipts, 3.300. heldover none: moderately active around steady on weights below 235 lbs.; heavier weights slow, unevenly steady to 25c lower; better err.de. 170-235 lbs.. $7.75 ? D I' S ,°u : mostl v *7.90 on 225 lbs. down; 240U , n^ v ??i v S7®7.eo; 300 lbs. down * 5 ’ 1 29 -160 lbs. largely $7.25; sows steady; mostly $4.50: smooth lightweights, $4.75; heavies down to $4. CatReceipts. 225: calves. 325: steers and hellers scarce. 25®50c higher: scattered salts common and medium grassers. ss® 6.50; sprinkling of better kind up to so' others steady; most beef cows. $3 75® 4.75: bulk low cutters and cutter cows $2 ffi.3.25; bulls. $4.75 down: vealers active mostly 50c higher: good and choice $7 50 ftiß.so: lower grades. $7.50 downward mostly $7 and below. Sheep—Receipts 4,300: better grade ewe and wether lambs active, fully steady: bulk 58®8.50: some $8.75: one double desck choice. 74 pounds, bid $9: bucks. $6®7.50: thrwouts, *s®6: skips downward to s3' fat ewes, sl®2: best lightweights quotable $2.50. By United Press TOLEDO. July 10.—Hogs—Receipts. 150: market, heavies, steady; lights. 15®25c higher; heavies. $6.50®7: mediums. $7.40 ®7 65; Yorkers [email protected]: pigs, $7.25® 7.50. Cattle —Receipts. light: market, steady. Calves —Receipts, light; market, strong to 50c higher. Sheep—Receipts, light; m&xist, stead?.
Dow-Jones Summary
Continental Baking Corporation and subsidiaries in ten weeks ended June 30, net income *1,164,663 after Interest, depreciation, federal taxes, etc., against *1,314,032 for like period of 1930. Lehigh Portland Cement Company twelre months ended June 30, net profit *1,631,440 after depreciation, federal taxes, etc. After deduction of 7 per cent preferred dividends balance was *205, 487, equal to 46 cents a share, par *SO on 450,348 shares of common stock. New York cables opened in London at 4.86% against 3.86 19-32; Paris checks, 124.06; Amsterdam. 12.082; Italy, 92.955; Berlin. 20.50. Youngstown Sheet and Tube gets order for more than 200 miles of 26-inch pipe, from Northern Natural Gas Company. Harriman National Bank and Trust Company indicated six months earnings equaled to $lB a share, against $22.37 in first six months of 1930. Marine Midland Corporation six months to June 30, reported net earnings at *3,636,097 after substantial write-offs and reserves for taxes. Canadian government Corporation report places spring wheat condition at 56 per cent, all wheat at 68 per cent. Condition of Saskatchewan wheat 45 per cent of normal on June 30. against 77 per cent on May 31. and 88 per cent a year ago. Pvrene Manufacturing Company declared a dividend of 10 cents, payable Aug. 1. of record July 17. Previous paid 20 cents quarterly. Foreign lead producers agree on additional 5 per cent cut in output, bringing curtailment within last two months to 20 per cent. Daily average volume of reserve bank credit up $17,000,000 in July, eight weeks to *971.000.000. but $104,000,000 below like week In 1930. Brokers’ loans off *24,000.000 in week to $1,445,000,000; non-broker loans off $20,000.000; federal reserve ratio 84.2. against 84.4 per cent a week ago and 81.7 year ago. New York ratio 90. against 89.7 and 82.1 respectively. Discount rate unchanged at 1% per cent. Baldwin Locomotive June bookings *4,400.000. against *2,090.000 in June, 1930. Six months *13.070,000. against *22.910.000. Unfilled orders on June 30. amounted to $9,960,000. Associated Gas and Electric June output 263.072.698 kwh. an increase of 12.4 per cent over June, 1930. Excluding sales to other utilities output 1.6 per cent less than year ago.
BOARD 0. K. ON WORK Improvement Resolutions Given Approval. Street improvement resolutions affirmed by the works board today included: Thirtieth street, widening and resurfacing, Meridian street to Capitol avenue; East Michigan street, paving with concrete; North street, paving from Rural to Dearborn streets; Cottage street, paving from Wright to Leonard streets; College avenue, widening and resurfacing from Massachusetts avenue to Eleventh street. Plans and specifications were approved for paving of Sixteenth street between Capitol and Northwestern avenues. The board also granted permission io the Sherman-Emerson Civic League to close portions of Tenth street and Linwood avenue for an annual mardi gras, July 24 and 25. In the Air Weather conditions at 9 a. m.: North wind, 5 miles an hour; temperature, 71; barometric pressure, 30.09 at sea level; visibility, 8 miles; field good. Saleswoman Uses Plane Using an airplane to “get there first” and obtain orders ahead of salesmen using slower transportation, Miss Jeanette Lempke, Bay City (Mich.) saleswoman, visited Indianapolis Thursday. Flying here in her Great Lakes biplane which she left at Hoosier airport, Miss Lempke made a number of business calls. She left today for Owensboro, Ky. She has been flying about two years and holds a limited commercial pilot’s license. Arrivals and Departures Stout Field, Mars Hill—Lieutenant Newhall of Chicago national guard squadron, visited the One dred thirteenth observation squadron en route home from Fairfield depot at Dayton. Curt.iss-Wright: M. W. Jorenby, Travelair, Columbus., 0., to St. Louis; C. F. Cornish, Challenger Robin, from Ft. Wayne and return; E. C. Etts, Travelair, Pittsburgh to Tulsa, Okla., and N. J. Warren, Travelair, Tulsa to Chicago. Municipal Airport—Embry-Riddle passengers to Chicago: Mrs. Ina G. Gray of Chicago, William Ackerman of Chicago and Ray Hamilton, Cincinnati; E. C. Mason, Lake Wales. Fla., and C. O.'Knowlton, Cincinnati, to Cincinnati.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: Eugene Duenweg. 1457 Fairfield avenue. Olievroiet coupe. 41-719. from Meridian and Eleventh streets. Vance Huffman. 125 North Liberty street. Chrysler sedan. 547-312. from New York and Liberty streets. . George K. Hiller. 332 West Twentysixth street. Nash coupe. 738-773. from West street and Indiana avenue. Warren Trlbby. 2020 Sugar Grove avenue. Chevrolet sedan. M 2-120. from G. and J. parking space. W. M. Springer. 23 North New Jersey street. Whippet coupe. 46-627. from Pennsylvania and Ohio streets.
BACK HOME AGAIN
Stolen automobiles recovered by police belong to: Charles W. Miller. 624 North Capitol avenue. Oakland coach, found at 544 North California street. Unied Cab Company, taxi cab No. 142, found at St. Clair and Alabama streets. Cord sedan, 89-267. (issued for Auburn sedan i. found at Thirty-eighth street and Layman avenue.
Local Wagon Wheat
City grain elevators are paving 39c for No. 2 red wheat and 37c for No. 2 hard wheat. New York Liberty Bonds —July 9 3%s 102.27 Ist 4%s 103.10 4th 4%s 104.30 Treasury 4%s 113.22 Treasury 4s 108.28 Treasury 3%s 106.28 Treasury 3%s of '47 102.20 Treasury 3%s of ’43 (March) 102.26 RAW SUGAR PRICES —July 9 High. Low. Close. March 1.47 ... 1.47 May 1.55 1.53 1.55 July 1.32 1.30 1.32 September 1.36 1.34 1.35 December 1.44 1.42 1.43 NEW YORK COFFEE RANGE —July 9 High. Low. Close. January 6.35 6.32 6.35 March 6 42 6.39 6.42 May 6.50 6.48 6.50 July ,V 5.91 5.90 5.91 September ....7, 6.11 6.05 6.10 Dtcuibu ............ Ui U* Ml
GRAIN FUTURES HOLD TO FIRM TRADINGRANGE Strong Liverpool Market Important Factor at Chicago. BY HAROLD E. RAINVILLE United Press Staff Correspondent CHICAGO, July 10. —Wheat was steady on the Board of Trade at the opening today, with foreign news of a divided effect and offsetting itself while the domestic situation was unchanged. Liverpool was strong on the more bullish Canadian report than had been expected, but Germany gave Rumanian grain preference and France lowered its foreign wheat quota. Trade was light and scattered selling met some support, owing to the prevailing low levels. Corn was around steady, with July up a fraction on a reaction from Thursday’s sharp drop. Oats were steady. Opening Is Highest At the opening wheat was unchanged to Ya cent higher, corn was Ys cent off to % cent higher and oats unchanged to % cent higher, provisions were slow and about steady. Liverpool, while uneven, was much stronger than expected and at midafternoon was % cent lower to % cent higher. France reduced the foreign wheat quota 5 per cent and it is now 13 per cent increased hedging, presumably against new Illinois wheat, was a factor Thursday. The continued lack of an export demand, despite the low levels, also curtailed speculative buying. The decline, now more than two years old, Is not a local affair but is a world wide condition. The Canadian report late Thursday was bullish, suggesting a crop of 216,000,000 bushels against 374,000,000 bushels of spring wheat harvested last year. The condition was unusually low at 56. Liquidating Com The impression is gaining credulence that a large holder of July corn has been liquidating during the last few days, and Thursday July was 5% cents under the high of Wednesday. Farmers in lowa and Illinois are more disposed to market their grain. Attention is being directed to the difference between wheat and corn prices, the former being at the lowest levels in years. Some evidence of anew heat wave has appeared and this tends to strengthen the deferred months. Spreading is general. Oats trade is not lare and the undertone is somewhat easy in sympathy with corn.
Chicago Grain Range —July 10— _ WHEAT— Prev. Open. High. Low. Close, close. July... .53% .53% .52% .52% .53% Sept... .54% .55 .54 .54 .54% Dec... .59 .59% .58% .58% .59 CORN— July... .57% .58 .57 .57% .56% Sept... .53% .53% .52% .52% .53% Dec... .48% .48% .47% .47% .48% OATS— July... .26% .27 .26% .27 .26% Sept... .27% .27% .26% .27% 27% Dec... .30% .30% .29% .30% .30% RYE— July... .35 .35% .34% .34% .35 Sept... .37% .38 .37% .37% .37% Dec... .41% .41% .41 .41 .41'% LARD— July 8.02 8.02 8.00 8.00 8.17 Sept.... 8.02 8.05 8.00 8.00 807 , Oct 8.05 8.05 7.92 7.92 8.02 Dec 7.35 7.45 i BELLIES — ! July 8.15 8.15 ; Aug 8.20 8.25 | Sept 8.25 8.25 8.25 8.25 8.37 By Times Special I CHICAGO. July 10.—Carlots. 180; corn, 106; oats. 10; rye. 0. i By United Press 1 „ 0 7' OL DDO. O . July 10.—Grain on track, 28%c rate. Wheat—No. 2 red. 49(5)50c; No. 1 red. 1 cent premium. Corn—No. 2 yellow, 57®58c; No. 3 yellow. 56®57c. Oats— No 2 white. 27%©28%c: No. 3 white. 27® 27%c. Clover—Domestic prime, old. $13.25; prime, new. $13.50; prime choice, new, $13.75: prime, choice, old. $13.50; October. $13.50: December. $13.75. Alsike—Cash. sl2. Butter—Fancy creamery. 27@28c. Esres—Country run. 14 ft 16c. Hay—Timothy per cwt.. $1.25. OFFICERS FACE CHARGES Two Marion Detectives Accused of Beating Prisoners. MARION, Ind., July 10. Conduct of two Marion detectives who are alleged to have beaten a prisoner after they had arrested him, i will be investigated thoroughly, members of the police board announce. The accused officers, Les Andrews and John Schell, deny having mistreated Herman Wesco, before they placed him in jail. They alleged he was intoxicated. Wesco also denies the officers hurt him, but the charges are being pushed against the detectives by citizens who claim to have seen the affair. Auto Crash Fatal By United Press AUBURN, July 10.—A cross roads collision of two automobiles near here resulted in the death of Mrs. Eugene White, Spencerville, and serious injuries to her husband and son Albert. Death Notices BESSE. MARGARET—BeIoved mother of Mrs. Mildred Cartwright. 3510 North Me- | ridian street. Indianapolis, and Albert Thompson ol Waukegan. 111., passed away Wednesday evening. Services at the I JOHNSON & MONTGOMERY FUNERAL HOME. 1622 North Meridian. Saturday at 2 p. m. Friends invited. Burial Memorial park. CRONIN. THOMAS—Brother of Cornelius j Cronin, and Mrs. Catherine Rcchford died Thursday July 9. Funeral Sunday, July 12. 1 p. m. at the J. J. BLACKWELL & SON, FUNERAL PARLORS, 926 North Capitol Ave. Services at St. Benard’s church, Crawfordsville, Ind., 2:30 p- m. Friends invited. EDEN, MABEL. C.—Wife of Charlton Eden, daughter of Mrs. Lydia A. Wilson, sister of Jessie B. and Anna F. Pierce, and Horace M. Rigg of Indianapolis, and Earl F. Rigg. Dayton, 0., passed away July 10, at the residence 1232 West Thirtysecond St. Services at the PLANNER & BUCHANAN MORTUARY, Monday, 2 p. m. Friends invited. Burial Crown Hill cemetery. Friends may call at - the _mortuary after noon Saturday. GISH. HELEN—Wife of John B. Gish, passed away Thursday eve. Funeral at the residence. 1038 Blaine ave.. Monday. July 13. 8:30 a. m. 9 a. m. at Assumption church. Burial Holy Cross cemetery. Friends invited. MASTERSON. GEORGE F.—Age 46 years, brother of Courtney, Vincent L. and Basil J. Masterson, Mary Emma Schwbert and Mrs. Charles H. Gordon, passed away Friday, July 10, at St. Frances hospital. Funeral from the residence. Minnesota street and Lynhurst drive. Funeral notice later. For information friends may call FINN BROS. FUNERAL HOME. Ta, 1835. Funeral Directors WM. D. BEANBLOBBOM Mortuary. Phone Be. 1588 1321 W. Rar at ROY J. TOLIN 923-925 English. Dr, 6969. W. T. BLASENGYM Main office. 2220 Shelby St. Drexel 2570. George Grinsteiner Funeraj director. 522 E. Market Riley 8374. UNDERTAKERS HISEY & TITUS 1 Ml W- Delaware. LI. 8821 J. C. WILSON funeral parlors, ambulance service and modern aatomotlre tquipBM&t* Df* Mill Dij
The City in Brief
The Mon on route will open anew week-end rate between Indianapolis and Chicago at $5 a round trip, beginning July 17, to stimulate week-end travel by railroad. American Legion post No. 4 will travel to Noblesville Sunday for an all-day picnic. Contests will be held in golf, horseshoes and other events, prizes being awarded to winners. Second of a series of free concerts wil be given tonight by tht Sahara Grotto Pirate band in the Sahara home. Thirteenth street and Park avenue. Members of the Indinapolis Rotory Club Tuesday will leave the city behind to attend a chicken dinner at the dairy farms of the Polk Sanitary Milk Company as guests of Duane Dungan, head of the milk firm.
SNOW FALLS IN STATE Aviators Encounter Heavy Storm While 15,000 Feet Above Newcastle. By United Press NEWCASTLE, Ind., July 10.—A heavy snowstorm fell near Newcastle Thursday, while temperatures generally were in the 80’s. Yes, there’s a catch to it— Lieutenant Howard H. Maxwell, One Hundred thirteenth observation squadron, reported that he and David B. Vickery, his observer, encountered a severe snowstorm while flying over Newcastle, at an altitude of 15,000 feet. “We tried to fly up through it, but the snow got heavier and heavier, and began to cut right through our flying togs,” Maxwell said. Legal Notices (Form oZ Notice of Abandonment 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 Mortgage 40Year 5% Go;d Bonds, dated Mav 1. 1893. due Mav 1. 1933; INDIANAPOLIS STREET RAILWAY COMPANY 4% General Mortgage Gold Bonds, dated May 3. 1899. due Jan. 1. 1933: INDIANAPOLIS TRACTION AND TERMINAL COMPANY First Mortgage Thir-ty-Year 5% Gold Bonds, dated Jan. 1. 1903. due Jan. 1. 1933: BROAD RIPPLE TRACTION COMFANY 5% First Mortgage Gold Bonds. dated Aug. 1. 1899. due Jan. 1. 1933: INDIANAPOLIS TRACTION AND TERMINAL COMPANY Notes, dated May 19. 1919. due April 7. 1933: CLAIMS OF GENERAL CREDITORS against Indianapolis Street Railway Company; INDIANAPOLIS STREET RAILWAY COMPANY Preferred Stock: INDIANAPOLIS STREET RAILWAY COMPANY Common Stock: Notice is hereby given that the undersigned. as Reorganization Manager under the Plan and Agreement, dated Sept. 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. Indanapolis. Indiana, as Depositary for the Reorganization Manager, mav be withdrawn by the holders oi the Certificates of Deposit representing such securities and claims upon compliance with the provisions of said Plan and Agreement. Securities represented bv Committees that have approved and adopted the Plan will remain on deposit with the Depositaries for such Committees under the particular Deposit Agreements contituting such Committees, unaffected bv the Plan'except to the extent provided in the Reorganization Agreement, but by 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 & CO.. Incorporated. Reorganization manager. INDIANAPOLIS STREET RAILWAY REORGANIZATION NOTICE TO DEPOSITING BONDHOLDERS OF 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 bv Fletcher American Company. Indianapolis. Indiana, as Reorganization Manager. 2. Copies of said Plan and Agreement have been filed with the Security Trust Company. Indianapolis. Indiana, and with the 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 1. 1931. 4. Holders of said bonds whp have already deposited the same mav exercise the right of withdrawal within three weeks from the date of 'the first publication of this notice, as provided for in Paragraphs Eighth and Ninth of said Deposit Agreement. 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 REORGANIZE TION. NOTICE TO DEPOSITING BONDHOLDERS OB- INDIANAPOLIS STREET RAILWAY COMPANY GENERAL MORTGAGE 4% GOLD BONDS. 1. A second Plan and Agreement, under date of June 26. 1931. providing for the reorganization of the Indianapolis Street Railway, has been executed by the undersigned committee, by other committees representing different securities, and by Fletcher American Company. Indianapolis. Indiana, as Reorganization Manager. 2. 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 St PICKENS. Counsel for Committee Indianapolis. Ind. INDIANAPOLIS STREET RAILWAY REORGANIZATION. NOTICE TO DEPOSITING STOCKHOLDERS OF INDIANAPOLIS STREET RAILWAY COMPANY 6% PREFERRED STOCK. 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 committee* 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 Indiana National Bank. Indianapolis. Indiana, the depositary for said preferred stock uamed in the Deposit Agreement, dated May 1. 1930. 3. Holders of said preferred stock, who have not vet deposited the same with the depositary above mentioned, mav 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 loi in Paragraphs Eighth and Ninth of sala Deposit Agreement. Failure to make such withdrawal constitutes an assent to said Plan and Agreement. ROSS Hi WALLACE. WENDELL SHERK. R. W WAITE. (Committee representing Indianapolis Street Railway Company 6% preferred stock.) JOHN R COLLETT. Secretary. P. O. Box 1155. Indianapolis. Indiana. LEO M. RAPPAPORT. Counsel. Indianapolis Indian* | NOTICE TO BIDDERS NOTICE IS HEREBY GIVEN, that the Board of County Commissioners of Marlon County. Indiana, will up to 10 o'clock A. M.. July 24. 1931, received sealed bids for Advertising Marion County Monthly allowances, per specifications on file in the County Auditor's office. Each bid must be accompanied bv a bond and an affidavit as reauired by law. The Board reserves the right to reject anv or all bids. WITNESS our hands this 10th day of July. 1931. GEORGE SNIDER. DOW W. VORHIES. JOHN E. SHEARER. \ Commissioners of Marior Cos, Attest; HARRY Auditor* Ji
JULY 10, 1931
Legal Notices 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 tho reorganization of the Indianapolis Btreet Railway, has been executed by the undersigned committee, by other committee* representing different securities, and by Fletcher American Company. Indianapolis. Indiana, as Reorganization Manager. 2. Copies ol 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 earned in tb Deposit Agreement./dated Msfv 1. 1930. 3. Holders oi said bonds, who have not yet deposited the same with either depositary above mentioned, may max* such deposit on or before Oct. X. 1931. 4. Holders of said bonds who have already deposited the same mav exercise the right of withdrawal within three weeks from the date of the first publication of this notice, as provided for in Paragraphs Eighth and Ninth of said Deposit Agreement. Failure to make sucu withdraw! constitutes an assent to said Pian and Agreement. DEPOSITARIES — „ „ w The Fletcher American National Bank of Indianapolis. Indianapolis. Indiana. The Pennsylvania Company for Insurances on Lives and Granting Annuities. Philadelphia. Pa. ROY C. SHANEBERGER. GEO. B. ELLIOTT. ARTHUR V. MORTON. (Committee representing Indlanapolla Traction St Terminal Company First Mortgage Thirty-Year 5% Gold Bonds.) _ , . JULIAN C RALSTON. CounseL Indianapolis. Indiana. _ - _ THOMAS S. HOOD. Secretary. P. O. Bog 1155, Indianapolis. Indiana. MILLER * MILLER SHERIFF'S SALE By virtue of a certified copy of a decree to me directed from the Clerk of the Superior Court of Marion Counay, Indiana. in cause No. A-58953 wherein The Western St Southern Life Insurance Company \s Plaintiff, and Robert H. Doepke and Trenetta F. Doepke. his wife, et ai, are Defendants, requiring me to make the sums of money, as provided for in saia decree, with interest and costs. I will expose at public sale to the highest bidder, on SATURDAY, THE 18TH DAY OP JULY. 1931. between the hours of 10 o’clock A. M. and 4 o'clock P. M. of said day. at the door of the Court House of Marlon County. Indiana, the rents and profits of the perpetual leasehold estate hereinafter described for a term not exceeding seven years, which perpetual leasehold estate is in the following described premises. with the improvements thereon, situated in the City of Indianapolis, County of Marion, State of Indiana, to-wlt.: Lot numbered eight (8) In Mary M. and William S. Hubbard's Subdivision of a part of the north side of block ten (10) St. Clair’s Addition to the City of Indianapolis. Marion County, Indiana, reference being made to the plat of said Hubbard's Subdivision as recorded in plat book 8, page 176, In the office of the Recorder of Marion County aforesaid; being the the same premises conveyed by Mary Knippenberg Chapman and Page Chapman, her husband, of Essex County. State of New Jersey, to The Lexington-Indianapolis Realty Company by lease dated the Ist day of March. 1920. and recorded in Volume No. 112. page 284. of the Miscellaneous Records of Marlon County. Indiana; the said lease being made perpetually renewable by indenture dated the 21st day of April. 1926. by and between Joseph C. Schaf and said The Lexington-Indianapolis Realty Company recorded on the Ist day of May. 1926. in Volume No. 170, page 322 of the Miscellaneous Records of Marlon County. Indiana; and also being the same premises conveyed by the said The Lexington-Indianapolis Realty Company, a corporation organized and existing under and by virtue of the laws of the State of Indiana, to Robert H. Doepke. of Cincinnati, Hamilton County. Ohio, by a certain assignment dated the 27th day of April. 1926. and recorded in Volume 18. page 407. of the Release Records of Marion County. Indiana; said premises being also known and designated as No. 1143 North Meridian Street. Indianapolis. Indiana. If such rents and profits will not sell for a sufficient sum to satisfy said decree with interest end costs. I will, at the same time and place, expose to publie sale the perpetual leasehold estate above described, or so much thereof as mav be sufficient to discharge said decree. Said sale will be made with relief from valuation or appraisement laws. CHARLES L. SUMNER. Sheriff of Marion County. June 26, 1931. 6-26 7-3-10 PHILIP BROWN SHERIFF'S SALE By virtue of a certified copy of an execution to me directed from the Clerk of the Municipal Court of Marion County. Indiana in cause No. 25530. wherein Mary Valientz. D-B-A Lincoln Auto and Furniture Loan Company. Plaintiff, and Robert F Bryson. Defendant, requiring me to make the sum of Seventy-Five Dol•ars and Seventy Ce,nts ($75.70*. as provided for in said execution, with interest and costs. I will expose at public sale to the highest bidder, on SATURDAY. THE 18TH DAY OF . . _ JULY. 1931. between the hours of 10 o'clock a. m. a “ d 4 m - of sa ‘ d da v. at the r£?X, of Court , House of Marion County Indiana, the rents and profits *7 r exceeding seven years. 2£„“} e following real estate in Marioa County. Indiana: * ?, u „ mb ®. r nlne in block twelve (12i Central Park, an addltion to the City of Indianapolis, indiana. as shown by the records in the office of the Recorder of Marion Cpuntv Indiana in plat book 4 page 178. 179 and 180 thereof. Marion County. Indiana. If such rents and profits will not sell Tor a sufficient sum to satisfy said execution with interest and costs. I will, at the same time and place, expose to public sale the fee simple of said real estat” or so much thereof as may be sufficierE Ifni sa , id execution. Said sale will be made without relief from valuation or appraisement laws. CHARLES L. SUMNER. of Marion County June 26. 1931. 6-26 7-3-10 HERMAN W. KOTIIE SHERIFF’S SALE By virture of a certified copy of a J° me directed from the Clerk of the Superior Court of Marion County Indiana, in cause No. A-60961 wherein The Indiana Savings and Investment Company. Plaintiff, and John G. Ferris, et al. Defendants, requiring me to make the sums of money, as provided for in said decree, with interest and costs. I will expose at public sale to the highest bidder, on SATURDAY. THE 18TH DAY OF . t JULY. 1931. between the hours of 10 o’clock A M and 4 o’clock P. M. of said day. at the 0f Court House of Marion County Indiana, the rents and profits , r t 'f r JP not ex ceeding seven years, following real estate in Marlon County, Indiana: Lot S 113 and 114 In Clifton Place, an addition to the City of Indianapolis as per plat thereof recorded In plat book 13. page 18 of the recorder s office of Marion County. iAdUna. for „ and P rofits will not sell for a sufficient sum to satisfy said decree with interest and costs, I will at Hr e stt?l n fhi i, ? e P lace - expose to pubo£ ™ le Mm ? Ip of said real estate, tn -§?^^2 uch the . r ® o{ as may be sufficient to “discharge said decree. Said sale wi'l be mate without relief from valuation or appraisement laws, * CHARLES L. SUMNER. June 26, 1931 Sherlg 0t Marl g n 2ft C ° U , n A y , n COLEMAN A COLEMAN * 1 SHERIFF’S SALE p 6 the o s n uElS e cluS^r&Scok^ mTk? Eigh * l Dolla rs. * mmo/' s£re n .VJ™'of 93 id o’clock an the 'Allowing 4 r?i ealn f f eve P vears. of County. tadXnJ * 1 CStat * ln Marloa lots t ioo ln a n 8 rt th.r'ands subdivision of 1015 to' ana lu- in j a m Bruces addition Marlon' County* Indiana. If such rent* ftnd win no* 'i ?s U t b i 's'a^Va'! SaK?’e will from valuation, or SISrHV ♦ w SUMNER. June 26. 193? ltT ° f Nnt , NOTIOT TO TAXPAYERSthe°rftv KH-en to taxpayers of C *, L V of Indianapolis that the Common Council of the City cf Indlanannlis Pin h a a n. ln ? s . be i f §3 r ?. of thS r °GasoUne he Ta “ AA??s rC SApanment. the Street C’omrmsßlontoTclrneb°i'm <t e „ sprlbcd ordinance is due regula? m. P .(„ for , Da ” a ß e at the next heki on the , council to be 730 D° n m the 2 ° tb day of July ’ 1931 - at t -After said appropriation has been determined. anv ten or more taxnavers feeling themselves aggrieved may Appeal £r fur?Aer e of , Ta * CoSSWoKS fltfr,J ur F er y, l }? flna J action thereon by fl.lng of petition therefore with the tsS rll^ n Cou ?tY Auditor not later than * {te J sald additional appropriation has been made bv said Comou,ncii and the State Board of Tax Commissioners will fix a date for hearlOß .in this county. ™ v . hand and the seal of th July. 193 lf and POIS this 7th dav of (SEAL) HENRY O. GOETT. cux quit.
