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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jul 28, 1930
Page
4
Slight hog strength appears at the city stockyards with most hogs 9.10 to 9.50, top 9.50 as receipts reach 3,000. Cattle trade dull with 40 head, weaners steady at 9. Calves 300, sheep and lambs near Saturday levels around 8.50 to 9. Chicago hogs 38,000 receipts, 18,000 direct, holdovers 2,000. Cattle 10,000, sheep 10,000. London exchange and Bangor Railroad figures appended with mixed results.
London stock News notes crude rubber totals at 80 645 tons on the 26th an increase over the prior period Stocks of crude rubber rose as buyers sought supply amid market shifts and the recent trade activity at city yards highlighted by porker trade developments.
Across markets July 28 reports list hog receipts from 38 000 at Chicago with steady demand and varied top prices by weight and grade Then cattle receipts near 10 000 with steady to strong trade and high steer prices Notes from Cleveland St Louis Pittsburgh Toledo Buffalo and other cities show hogs cattle calves and sheep trading unevenly with some declines and others steady or higher Also market snapshots include grain futures indices and corporate earnings tallies for several major firms including Paramount Publix Skelly Oil and North American Power leaders
Chicago July 28 Wheat futures closed sharply lower as visible supply rose by 14,503,000 bushels and heavy hedging pressure weighed on prices. Rains in Nebraska and Canada depressed wheat, while corn and oats also fell. provisions steady. Receipts topped the season, cash prices eased, and export interest waned.
New York July 28 Weakness in Warner Brothers Pictures and Transamerica Corp led a quiet session as both stocks slid to 1930 lows. Warner Brothers dropped nearly 5 points to 3x, Transamerica 2% to 22%. The decline followed earnings revision and dividend actions. overall market showed narrow gains and losses. Commodity markets mixed as cotton, wheat, corn fluctuated and sugar hit new lows. Call money unchanged at 2 percent.
A long aviation roster lists pilots and routes between Indianapolis Louisville Chicago Cincinnati and Decatur including Travel Air monoplane and Great Lakes plane. Names such as Lieutenants White Genaro and Weir Cook plus pilots Hawkes Stokes Winslow Shaw MacDuffee Knox and others appear with destinations from Indianapolis to Chicago Knightstown Battle Creek and beyond along with a Wisconsin fishing trip note.
The city airport budget for 1931 sparked heated sessions as the works board approved 65000 then balked at City Controller Elder’s 35000 proposal with 15000 anticipated revenue. President McKinney defended funds while Elder weighed further cuts and hearings.
Indianapolis清ings on Monday July 28 were 2,706,000 debit and 5,946,000. Chicago clearings July 28 reached 75,700,000 with 6,100,000 balances. New York clearings July 28 totaled 579,000,000 with a clearing house balance of 135,000,000 and Federal Reserve Bank credit balance of 88,000,000.
In New York on July 28 stock market writers discuss potential drivers of a better cycle. With economists predicting a rise in production, adverse dividend action seems limited as many securities have priced in missed removals. Copper and motor stocks offer around 10 percent yields, suggesting risk for prospective buyers is reduced as the optimistic outlook grows.
A roster lists patients with ages and addresses including John Lowe 88 at 965 Stillwell arteriosclerosis and Marie Pierce 10 at Methodist hospital general peritonitis. Other entries name Theresa Anderson 42 St. Vincent’s acute myocarditis Isha Lawhorn 75 South West rosis Elia Hensley 44 city hospital carcinoma Henrietta Batties 73 Boulevard place acute nephritis Josie Shirkey 41 city hospital encephalitis James Andrews 72 Holly interstitial nephritis Hattie Shelley 61 Cengal basi coronary thrombosis Boris Sarbinos 4 months Ketcham enteritis George Roth 80 South Senate arteriosclerosis Robert Forrest 30 West Thirty-second pulmonary tuberculosis.
A partial OCR fragment lists individuals and street addresses including Borys a Patrick and Mary White, 323 North Tem, Gabra and Myrtle Gachaw, 313 West Forty-second, Grace Powell, 4911 Orion, aud and Anita Andrews, 1225 Pleasant, Joseph Sod Cede Dorvle, 1609 Wade, John and Ingason, 716 East Ninth, Francis Robinson, 4139 Cor, Gi meee and Paula Funder, 347 North Arthur, Grace Valentine, 1546 Reis. The text is garbled with broken names and incomplete places.
Building permits listed for multiple properties including repairs and new garages. Notable entries include Sam ceiling and garage at 3707 8. maelsh for $2,600, Ross E Coffin dwelling and garage at 5425 North New Jersey for $8,500, and E Shoemaker repairs with garage at 2841 Adams. Other entries cite repairs or new structures at addresses on North Bradley, Spain, 111 North Illinois, 4567 acithe garage, and 1235 West-Barlow among others.
Edward M. Johnson, 36, a broker and former war aviator, allegedly admitted he was half drunk when he picked up and fell on his baby daughter Mary Jane, five months old, injuring her fatally. A coroner's jury was convened to determine the circumstances.
Denny Shute explains putting basics in three articles for miniature golf. This Part emphasizes weight on the left foot to promote overspin, noting that backspin causes erratic roll and cups out unless greens are perfect. Copyright 1930 NEA Service. Next: Hitting a putt.
A Savannah used car dealer proposes sinking junked autos to create underwater attractions for fish. Sunken cars would gather mollusk and sea fungi, drawing local fishermen to productive spots and boosting catches.
United Pees LAND reports from Switzerland that Professor Hadding discovered new iron ore fields near Ystad in Scania province with an iron content around 40 percent. The find broadens the supply prospects and may impact regional mining plans.
Daytona Beach racer Robert Robinson, 35, died after his car veered away from a blown tire on the fourth lap at Woodbridge New Jersey track. He fell fifty feet into a field as his wife and 3-year-old son witnessed the accident.
Stockholm July 18 The Swedish match trust now controls or cooperates with about 160 factories in some forty countries, meaning approximately 90 percent of world match production falls under its influence.
A dense OCR list of fruits and vegetables with varied prices by item and origin. Includes Apples, Melons, Berries, Citrus, Grapes, and greens from California, Georgia, Michigan, Louisiana, Ohio, Oregon, and local regions, with crates, baskets, and per-bushel or per-dozen rates.
Bay Times Special reports cattle and calf markets with receipts around 700 cattle and 1,000 calves. Prices show steady to higher liveweight figures for prime and heavy steers, with ranges from about 4.00 to 9.00 for various grades. Calves trade about 50 cents lower, with top quotes near 7.50 for choice.
The Perfect Circle Company of Hagerstown Indiana posts six months ended June 30 1930 net income of 368057 after all charges and deductions, or 226 per share on 162500 shares outstanding, versus 495704 or 305 per share in the same period 1929. June replacement sales through auto jobbers set a company record, and six month replacement sales also rose 8 percent over last year's first half.
Country Runi Loss delivery in Indianapolis lists eggs at 16c for No 1 and 13c for No 2, plus henery quality 20c. Poultry prices cover hens, leghorn hens, springers, old cocks, ducks, geese, and butterfat. Cheese and pork prices follow wholesale markets with figures for No 1 and No 2 goods.
Louis Reichers and Robert Black marked their 178th airborne hour celebrating a chicken dinner as they begin the second week aloft at Roosevelt Field. In St Louis, Forest O Brine and Dale Jackson warn funds could end the attempt to set a new sustained flight record, needing 9 500 more dollars to continue toward an Aug 21 landing.
German aviators Wolf Hirth and Oscar Weller refuel a 40 horsepower light plane at Wall Scotland preparing for a trans Atlantic flight to Chicago via Iceland Greenland and Labrador. They arrived 6 55 Sunday from Hanworth airdrome London and plan to refuel in Iceland before continuing.
London July 28 The R-100 giant British dirigible will start its trans Atlantic flight to Canada as soon as weather permits Weather charts show no immediate flying window The flight to Montreal will take sixty to seventy hours The ship returned to Cardington hangar after a twenty four test flight and was deemed in excellent condition and ready to start
Captain Frank Hawkes, noted cross country glider flyer, during a three hour Mars Hill airport visit with Curtiss-Wright officials expressed the possibility of attempting to break the transcontinental air record. He travels from Los Angeles toward New York aboard a fast motored Travel Air on the return leg.
Sunday activities feature a Curtiss-Wright flying contest at Mars Hill airport under Captain Earl W. Sweeney with prizes to be awarded next weekend. Hoosier airport hosts two parachute jumps by Barney J. Goloski at 2 30 and 6 p m and a notable deadstick landing. In Denver an 18 year old girl Faye Lucille Cox claims a new world record for consecutive parachute jumps by a woman four jumps in three hours before fainting prior to a fifth. she nearly collided with a car during descent and escaped injury by slipping her chute.
The City in Brief notes Dr G Bromley Oxnam president of DePauw University will discuss The New Patriotism at the Rotary Club luncheon Tuesday in the Claypool. Dr Max Bahr hospital superintendent will speak at the Lions Club Wednesday luncheon at the Lincoln. Burns Mortgage Company sues William N Durbin in federal court for 5099 on a promissory note from September 1925 Florida boom.
City controllers report no bids for the 750000 temporary loan for the general fund as banks failed to submit offers. William L. Elder notes no bids except Fletcher Savings and Trust Company on 175000 health board loan at 5 1 4 percent, bid under advisement to seek lower terms.
Richard Smith aged 49 of Cardonia armed with an ax two hammers two clubs and a bottle of mercury was captured by officers in Brazil Indiana as he aimed to kill his family and kill himself. He was believed to have been driven insane by extreme heat as three road workers nearby were overcome and treated in hospital after temperatures rose to 102 degrees for three days.
The Rev Audrey Moore spoke on good government before 300 people at the Marion county Good Government Club celebration Saturday night hosted by Mrs Martha L Huggins at 1621 Churchman Avenue Judge Paul C Wetter Jess McClure and others spoke Harry Cook named chairman of the Thirteenth district FT SNELLING Minn July 28 Sergeant George Gessford retires after thirty years in the army plans ten years of world travel and vagabonding around odd corners.
Hackney England on July 11 local police held a whist drive where all prizes were poultry.
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