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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Mar 15, 1930

Page

5

Profit-Taking Sends Stock Market Down

A wave of profit taking and professional selling swept the market causing broad losses. The Dow Jones industrial average fell 1.92 to 971.55 while the railroad average rose 0.28 to 152.12 as 3,950,930 shares changed hands. Oil issues and copper stocks weakened with some late rally. United States Steel benefited briefly from news of a tax refund before selling off again.

United Press New York International Telephone and Telegraph Bears Standard Brands United States Steel Simmons Company General Electric American Can General Foods Westinghouse Electric Anaconda Dow, Jones & Co

Poultry and dairy market prices from New York and Midwest

Market notes list poultry prices by weight and type, including hens, leghorns, capons, broilers, and geese, with No. 1 top quality figures. Butter and cheese prices are given for wholesale and firsts, alongside live poultry and eggs prices from New York Chicago Cleveland and Cincinnati reports.

Indianapolis Broilers Kingan & Co Wisconsin New York

Stock Market In New York Faces Mixed Signals

The February foreign trade report and weak wheat prices temper gains after the New York bank rate cut. Copper and food selling press optimism, but brokers’ loans rise. The outlook hints at a possible later trade revival while urging selectivity in investments as the market moves.

Thomson & McKinnon York New York

Porkers Show Weaker Trend At City Yards

Hog prices slipped twenty cents at the union stockyards with 150 to 275 pound hogs quoted 10.45 to 11.05. Receipts totaled 5 000 with 496 holdovers. Cattle receipts 400. slaughter classes slow. Wealers at 14.50 with 600 receipts. Sheep steady. 90 pound lambs at 11. Chicago hog receipts 21 000 including 5 000 direct. holdovers 9 000. Today’s market slow and 25 cents lower than Thursday. Choice 280 to 210 pounders 10.85 to 11 in bids. no action on heavier weights. Cattle 1 500 receipts. sheep 14 000.

Chicago Eeveeen All Times Louisville Pittsburgh Bu United Press Toledo Cleveland United Press Buffalo N. Y Woleskins

1929 Losses And 1930 Prospects In Various Firms

Consolidated operations show a 1929 loss of 7.496 million after reserves and charges as of December 31. Mesta Machine Co reports 1929 net income of 1.707 million, Borg-Warner 7.663 million total and 6.03 a share. F&W Grand-Silver Stores extension to April 1, 1930. Greyhound Lines carryover tops 18 million passengers. West Ohio Gas 1929 revenue about 748k. Dictaphone profits rise to 728k. United Insurance notes record production in Indianapolis with 1929 weekly highs and 1930 per-man earnings up marginally.

Dhe Fisk Rubber Company and Subsidiaries Detroit Mesta Machine Company BR. F. Wahr Chicago Borg-Warner Corporation F. & W. Grand-Silver Stores, Inc Grand and Silver Isaac Silver and Brothers Company, Inc F. & W Grand 5 O. T. Hogan United Insurance Company Julius M. Crost Indianapolis Crost

Hogs and cattle prices in several markets march 14

Market reports from Louisville Cincinnati Pittsburgh Toledo Cleveland East Buffalo and Chicago show hog receipts varying, with prices advancing and other sectors steady or down. Key figures include hogs 160-210 lbs around 11.30 at Cincinnati and 10. too high or low beyond. Cattle receipts mixed with steer prices mainly 10 to 14 dollars per hundredweight and vealers strongest near 15.50 at Chicago.

New Orleansigh Low Close Jantary Beewereeee Seeeee Pesceversers NEW York High Weeeee I Wane

Bank clearings and balances reported across major cities

Indianapolis Friday clearings reached 3.263 million with 6.589 million in debits. Chicago bank clearings totaled 102.3 million with balances near 9.1 million. New York clearing and balances stood at 182 million and 185 million respectively. Treasury notes show March 2 balance of 5.23104 million with expenditures of 10.5 million by month’s end.

Indianapolis Chicago United Press New York Pees Clearing House Federal Reserve Bank

Cotton Market Declines After February Consumption Figures

In New York on March 14 local traders sold the market down nearly ten points after accepting February consumption figures. Spot buying around 14.55 spurred short covering, aided by December contract purchases by a major commission house. Trade circles note hedges by European interests against Indian cotton, with government interest in summer months seen as a price driver.

Thomson & McKinnon New York Commission House

New York Stock Exchange Closing Prices Report

On March 14 in New York, closing prices and net changes for principal NYSE stocks were listed. The report captures stock performance across major listed companies with daily movement details.

United Press New York New York Stock Exchange

Grain futures drift after mixed close on Board of Trade

Wheat closed uneven with gains in May as farm board purchases offset bearish foreign news. Corn rose modestly while oats were higher, cowed by weak wheat. Provisions mixed. cash corn and oats eased while receipts varied and markets remained dull overall.

United Prose Chicago Board of Trade Today Farm Board Liverpool Buenos Aires St. Louis

Grain close and receipts from Chicago and Toledo markets

Wheat and corn prices listed by grade for Chicago and Toledo with cash and sample rates. Primary receipts and shipments for wheat corn and oats reported for Chicago March 14.

Bu Times Chicago

Grain bids and car lots at Indianapolis Board of Trade

The Indianapolis Board of Trade posted cash grain bids f o b shipping point with basis 412c New York. Wheat prices ranged from 1.03 to 1.05 for No 2 red and hard. corn and oats showed firm to strong quotes. hay prices held steady for No 1 and No 2 timothy. Total car counts listed for various white, yellow, and mixed grain grades across multiple car lots.

Toledo Timothy Indianapolis Board of Trade New York

Grain prices at Wagon Wheat City elevators

Local elevators pay 99c for No 1 red wheat and 92c for No 2 hard wheat. Also notes a historical quip about old English naval captains informing crews of discharge by removing the tablecloth for three meals.

City

Conquest of Earth by Martians Foretold in Portland Theory

A Portland scientist predicts Mars inhabitants will abandon their airless world and conquer Earth after Martian germs cause global diseases. He claims Martians monitor Earth via telescopes and will deploy deadly germs until they wipe out humanity, unless terrestrial scientists counter them.

United Presse Portland Ind Earth Mars

Former Sheriff Faces Liquor Plot Charges

Charles Zimmerman former Steuben county sheriff and deputy Russell Eckhart were arrested on federal indictments charging liquor conspiracy. They surrendered to United States deputy marshal Herman V Atkins in Fort Wayne Indiana. Zimmerman formerly lived in Angola and Portland and is named in two conspirac y indictments including Earl Mencenberger and Guy A Emerick among twenty six others.

United Press FT. Wayne Ind Charles Zimmerman Steuben County Russell Eckhart Herman V. Atkins United States Zimmerman Angola Portland South Bend Guy A. Emerick Allen County Earl Mencenberger Garrett

Fox Film and Theater Faced With New Legal Actions

Three new suits filed in state supreme court tighten the legal squeeze on William Fox as Fox Film and Fox Theater confront attempts to take control. Courts consider injunctions over voting trusts and refinancing plans while matters regarding Loews Inc. profits await decision.

United Press New York Fox Film Fox Theater William Fox State Supreme Court Harry L. Stuart Halsey, Stuart & Co John E. Otterson The Electrical Research Products, Inc Fox Justice Levy Supreme Court Stuart Otterson Alfred H. Townley Fox Film Corporation Justice Townley Bancamerica-Blair Norman &. Dike Brooklyn Dike Loews, Inc

Fruit and Vegetable Prices From Local Market List

A dense reproduction lists box prices for apples cranberries grapefruit grapes lemons limes oranges and fresh strawberries along with assorted vegetables including beans cabbage celery cauliflower cucumbers eggplant kale lettuce onions and more. Prices vary by origin with several crates bags and hampers noted across Florida Indiana California and Texas markets.

Fancy Baldwins Northern Spies Sap Florida California Alemeria Jamaica Indiana Minnesota Bever Florida Cobblers Texas Nancy Halls Sassafras

Also Mentioned on This Page

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