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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 05, 1930
Page
6
Wheat opened unevenly steady on the Board of Trade as firm foreign cables offset rain reports from the west. Liverpool stayed resilient with continental demand while grain belts reported showers. Corn and oats held near steady. provisions steady.
H. B. Gaston a grocer at 701 West New York street closed a bread box after finding it open early today and called police. Officers found 11 year old Richard Sneed asleep in the box at the store, and identified him as from 1812 West Tenth street.
Bank clearings in Indianapolis totaled 3,661,000 with debts noted. Chicago reports bank clearings at 103,700,000 and balances of 13,500,000. New York shows bank clearings at 1,285,000,000 with clearing house balance around 190,000,000 and credit balance.
Public Service Commission chairman McCardle rewrote a rate increase for Laporte Telephone Co. The Superior Court in South Bend set aside the higher rates while upholding the securities aspect. Judge Orlo R. Deahl said the order was unreasonable and enjoined. The case may go to the state supreme court.
President Hoover keeps an open mind on the tariff bill with signals he will veto only if not presented in acceptable form. Merger rumors in oil and utility sectors draw interest while Cons Gas transformation looms. Utilities and oils show encouraging trade, securities active, though overall market in a waiting mood offering purchase opportunities for sound issues.
The dial apparatus installed in the new Irvington exchange building of the Indiana Bell Telephone Company at 5747 East Washington Street may be viewed by subscribers and friends during an open house Friday and Saturday from 10 a.m. to 10 p.m. Officials announced. The system cost about 300000 dollars and marks the switch from manual to dial service.
Hogs were steady to five cents lower at the Union Stock Yards with most bids five cents down. Bulk hogs 160 to 275 pounds sold 10.35 to 10.45, top 10.50. receipts about 8,000, holdovers 575. Cattle trade steady. calves and sheep mixed with lambs 11 to 11.50, receipts vary. Chicago hogs 27,000 with 17,000 direct. holdovers 6,000. prices around 10.40 to 10.45 for 180 to 210 pounds, some 340 pound hogs at 10.30. Sheep and cattle receipts reported. beef steers 10.75 to 13.25, heifers 10.50 to 12.05, cows 6.09 to 9.50, vealers 9 to 12, sheep steady with lambs 10.50 to 11.50 on good and choice.
Hogs receipts 27,000 with direct sales 7,000. hogs steady to strong, top $10.50. Cattle and calves show weaker week trends. slaughter classes down, vealers up to $12.75. Regional reports from St Louis Chicago Cincinnati Pittsburgh and other markets show varied gains and losses with prices for hogs 10.35 to 10.60 and cattle largely steady to lower.
Bank of England circulation rises to 359.8 million pounds from 356.1 million. Bath figures fall. Exchange rates in London New York cables steady. Paris and Amsterdam checks listed. Several companies declare dividends and announce dates. contracts for Phillips Pipe Line 800 mile pipe sale. Republic Steel to supply 50 000 tons of pipe. National Shirt Shops May sales rise to 363,595. Best & Co May net 1,499,609. Standard Oil of New Jersey earns 7.23 a share for 1929. I C C denies Nickel Plate motion. Wabash and Pittsburgh & West Virginia cases advance. General Motors reports second quarter holders. Kraft-Phenix renamed Graphene and dissolved. Carter Oil 1929 profit 8,681,322. Lane Bryant and Lane Bryant dividend payable July 1. Bank of France gold and circulation figures shown. Kentucky Securities declares quarterly dividends. Illinois Terminal lease authorization. Hayden Stone director appointment.
The 9 a.m. weather note records a southwest wind at 14 mph and sea level pressure of 30.28 inches. Temperature is 79 degrees with unlimited ceiling and visibility at 20 miles. field conditions are reported as good.
Mars Hill Airport and Capitol Airport lists show passengers headed to Cincinnati and St Louis. Individuals named include Carl E. Stillwell of Washington Bank and Trust, Paul Gayman of 5436 College Avenue, Don Hastings director of WFBM Pep Unlimited Club, Earl Houck, J B Gent, Mrs. Harvey Vence, George Levey, John H. Shobel, Milo Poff, Howard Ailer, and Waco, with routes between Indianapolis Detroit and Springfield.
Lieu tenant Soueck awaits the standard bureau test of his barograph to confirm a new high altitude in an air plane after a two hour and seven minute flight claiming 42 000 feet. He previously held the record last summer before Willie Neuhofen’s recapture. Soucek flew the Wright Apache with a super charger.
Colonel Robert Fierro, Mexican goodwill flyer, aimed to conserve his aircraft for a grueling nonstop flight from New York to Mexico City. He planned to fly in easy stages to New York after takeoff from San Antonio with a Wednesday departure blocked by Army officials in Mexico.
Butler University officials discussed appointing a new dean of women to replace Miss Evelyn Mitchell Butler, who resigned as dean but will stay on the faculty as professor of the Demia Butler chair of English literature. Miss Butler, granddaughter of founder Ovid Butler, received her BA from Butler in 1893, studied at Chicago and Wisconsin, earned an MA from Columbia in 1917, taught English at Butler from 1912, and became a professor in 1918.
A listing of prices for fruits and vegetables including apples, pears, melons, citrus, avocados, pineapples, berries, and greens. Regions cited include California, Kentucky, Indiana, Illinois, Louisiana, Texas, Florida, and Marion County. prices cover crates, bushels, and hampers with varying weights and pack sizes.
A long list of newborns and parents from Coleman and Methodist hospitals. Names include Albert Carnine Leona, Inez Stephenson, Robert Kopp Catherine, Renee Stewart, Ora Osborne Myrtle Osborne, Mary Rich Esther Kinney, Bonnie Dougherty, and others with street addresses and hospital affiliations.
Death notices list Nellie Turner age 56 at 1914 West Tenth from acute cardiac dilatation. Stora Easter 56 at 936 East Morris from chronic interstitial nephritis. Spegan Lanes 81 at 1821 North Delaware angina. Willetta Gatvely 3 months at city hospital with malnutrition. Bernice Doyle 42 at Methodist hospital with diabetes mellitus. Louisa M. Taylor 88 at 1127 North Hawthorne Lane cerebral hemorrhage. Thomas Hulsiter 60 at 3324 North Denny chronic myocarditis. Delton Ford 13 months at Riley hospital with pulmonary tuberculosis. Edith Blancas Dame ent specialist at hospital.
Beatrice Creamery Company directors approve acquisition of American Ice Cream Company in St. Louis and Kreusch Ice Cream Company in Anderson Indiana. They also declare regular quarterly dividends on common and preferred stock payable July 1 to holders of record June 15.
The City in Brief reports Frank A. Symmes named captain of the guard by John F. Engelke at Adoniram Grand Lodge meeting. Police seek Mrs. Christie Parr to inform her brother Robert Stewart, in critical condition after a self injury in Louisville hospital. Dwight A. Murphy becomes North M. E. Church Men's Club president. New officers elected: Charles Richards vice president Frank P. McCoy secretary and Lee Walker treasurer. Raymond Tate and his mother Mrs. Pearl Tate were injured when their car hit a Telegraph pole on Millersville road. C. E. Fifer named district manager for Defiance Spark Plug in Indianapolis area. Dr. Thomas J. Dugan attends Baltimore & Ohio Railway Surgeons meeting in Pittsburgh. Water-supply problem for municipal airport south of Ben Davis noted by Works Board with Kraus and Sons reporting a 513-foot well unsatisfactory.
Chicago and New York markets report steady egg prices with extra firsts at 22 c and ordinaries 19 19 1 2 c. Butter steady with extras at 32 c and firsts 28 29 c. Poultry weaker with fowls 19 c and Leghorns 14 c. Potatoes vary by stock and region. Maine Green Mountain at 3.40 3.50 per 150 lb sack, Idaho Russet at 4.25 4.35 per sack.
Several vehicles are listed as stolen including a Hupmobile coupe 758-442 owned by J. L. Leach of 313 East Tenth Street, a Chevrolet sedan 7142-845 tied to Pred Biner of 1215 North Capitol Avenue, a Ford coupe 38-594 owned by George H. Febern of 445 North Gray, and a Fort sedan 759-630 belonging to Russell Owens of 4915 Kenwood Avenue. Theft locations include the 900 block of South Keystone Avenue and the intersection of Tenth and Gray streets, with entry notes for 1232 College Avenue.
The notice records multiple marriage license issuances listing partners such as Robert F Hacker age 23 and Mary M J Simmons age 19 along with other couples including Stewart Wesley and Bertha Reusch and Ernest A Cadick and Evelyn E Barin among varied addresses and occupations. The fragmentary text shows names ages and roles but incomplete addresses and details remain.
New York June 5 The stock market declined as United States Steel weakness dragged prices lower while trading remained dull. Several issues posted gains in tobacco and amusement sectors, with United Cigar Stores and Warner Brothers Pictures rising, but many leaders fell including General Electric Radio and American Can as rails oils and coppers sagged. Call money held at 3 percent with steady funds.
A compiled list shows multiple building permits and repairs. Projects include garages at 1802 Ingram for $200 and 1019 North Keystone for $250, a 2320 West Sixteenth repair for $2,000, and a dwelling plus garage at 5520 North Meridian for $30,000. Additional entries mention repairs at 948 Ewing for $365 and other homes on Blaine and Shelby streets with various costs.
A notice to taxpayers outlines Appropriation Ordinance No. 8, 1930 proposing to pledge 90000 from Municipal Certificate Funding Bonds of 1936 second issue to the Board of Public Works for retiring indebtedness. The ordinance awaits passage at the June 16, 1930 council meeting. Taxpayers may appeal to the State Board of Tax Commissioners within ten days after appropriation. Witnessed by City Clerk Henry O. Goett.
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