Stock Market Slumps as Bears Drive Down Major Issues
The market closed lower amid heavy bear selling. United States Steel breached 180 with partial recovery, rails and other industrials under pressure, and volume expanded signaling liquidation. Banking and oil shares fell, while call money stayed at 4 percent and rates eased.
MENTIONED IN THIS ARTICLE
United Press
NEW York
Bears
United States Steel
Morgan
Steel
United Corporation
van Sweringen
Radio Corporation
J. I. Case
Standard of
New Jersey
Bank clearings report from Indianapolis Chicago and New York May 1
Indianapolis shows bank clearings of 3,699,000 and debits of 6,675,000 for May 1. Chicago reports 127,100,000 in clearings with 5,800,000 balances. New York records 1,765,000,000 in clearings and 177,000,000 clearing house balance with 173,000,000 Federal Reserve credit balance.
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Indianapolis
Chicago
United Press
New York
Bu United Press
Clearing House
Federal Reserve Bank
Treasury reports April deficits and receipts in brief
United Press reports on April 29 the treasury net balance at 170 519 939 92 dollars with customs receipts for the month to that date at 39 975 574 08 dollars. Expenditures on April 29 amounted to 4 466 838 77 dollars.
MENTIONED IN THIS ARTICLE
United Preas
Washington
Treasury
Hog and cattle price notes from Toledo market
May 1 hogs and cattle receipts in Toledo Ohio show a steady market. Heavies bring 9.65, mediums 9.85 to 10, Yorkers 9.25 to 9.75, pigs 9.09 to 9.50. Calves and sheep receipts light with steady markets.
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United Press
Toledo
Bu United Press
New York
Middle West
Long Island
Maine
Bermuda
Jersey
Marriage Licenses Reported for Several Couples in Local Listings
Elza Johnson a Noblesville butcher aged 32 weds Mary E Forrest 28 of 1244 North Illinois a stenographer. Richard McGrievey 23 of Cadie Tabernacle dancer wed Hilma E Nelson 22 of Cadie Tabernacle dancer. Edwin Payne 45 Westport farmer and Maude Lowe 61 of 350 North Addi oo Thomas H De Hart 22 of Ion R R 8 Box and Katherine F Vorhies 21 Orchard stenographer.
MENTIONED IN THIS ARTICLE
Elza Johnson
Noblesville
Mary E. Forrest
North Illinois
Sten Ipher
Richard McGrievey
Cadie Tabernnacle
Hilma E. Nelson
Cadie Tabernacle
Edwin Payne
Westport
Maude Lowe
North Addioo
Thomas H. de Hart
R. R
Ion
Katherine F. Vorhies
Orchard
Births List Includes Dozens Of Families In Local Area
Birth announcement page records many newborn boys and girls with families at multiple streets including 711 North Earl 1108 North Bel ant maiion 1039 Harlan 2306 North le 1626 Wil l Rajah 930 South Meikel 1626 South da 4892 River Ves wrence 1217 North Colorado 1108 Groff 1633 Draper 3236 Graceland 554 Parker and more. Names include Meekiel Parale Moore Green Wyon Clark McDougle Nichols Meyer Weaver Jackley Wuensch Fitzpatrick and others.
MENTIONED IN THIS ARTICLE
Boys Meekiel
Parale Moore
North Earl
Carrie Green
North Belantmaiion
Ruby Cornett
Harlan
Gord
Pink Spradlin
North le
Henry
Alma Lockehill
Hanson, Owen
Temple Patterson
Wil
L Rajah
Annie Hill
South Meikel
Bennett
Clara Wyon
South
Wichomas
Mary Courtney
River Ves Wrence
Mary Cain
North
Colorado
Harvey
Justine Clark
Neerrenes
Anuss Poblots
Groff
Tyelton
Verona McDougle
Inpescana
Eva Green
Draper
Clara Nichols
Graceland
Giarence
Genevieve Weaver
Methodist Hospital
Marie and
Lorene Meyer
Bower
Corrine Hill
Hos
Notable Tuberculosis and Cardiac Cases in City Hospitals
A list of patients and ages from multiple city and religious hospitals, including Carey McInown aged 63 with tuberculosis at Christian hospital, Roy Dougherty 37 with pulmonary tuberculosis at city hospital, Dorothy Martin 9 with acute cardiac dilatation at city hospital, and Sophia Wolf 77 with cerebral hemorrhage at city hospital. Also noted are Charlotte Hancock 54 with brain tumor at Methodist hospital, Mamie Woods 57 with lobar pneumonia at 2457 Wheeler, Alice Sherman 70 with diabetes at 2022 North Pennsylvania, Kate O Donnell 61 lethargic encephalitis at 704 Day, Anna Isenflamm 74 with diabetes at 1045 East Ohio, John Sawyer 60 accidental at city hospital, Floyd Eathers 24 with meningitis at city hospital.
MENTIONED IN THIS ARTICLE
Carey McInown
Christian Hospital
Roy Elijah Dougherty
City Hospital
Dorothy Ann Martin
Charlotte Hancock
Methodist Hospital
Mamie Woods
Wheeler
Alice A. Sherman
Pennsylvania
Kate O'Donnell
Sophia Wolf
Anna Louise Isenflamm
East
Ohio
John Sawyer
Floyd Eathers
Property listings fragment with assorted addresses and values
A fragmented notice lists multiple properties including dwellings, garages, and repairs with associated owners and values. Items reference addresses such as Bowman, East Tenth, West Twenty seventh, Harding, Mark, North Gale and names including O W Karstedt, J Lockhart, George Kinbrew, Amare Levis, A O Butske, Joseph Cummings, Rhodes, and Helen Armstrong.
MENTIONED IN THIS ARTICLE
Ow. Ro J. Lockhart
East Tenth
George Kinbrew
West Twenty-seventh
Amare
Levis
West Twentyxt
A. O. Butske
Harding
Joseph Cummings
Rhodes
North Gale
Helen Armstrong
North Ox
Market watchers weigh English rate cut as market tonic
In New York May 1 stock market commentary foresees a Bank of England discount rate cut aiding U S markets. A record half a billion dollars in corporate dividends is expected to bolster buying power and lift investor sentiments, while brokers loans may decline. Industrial conditions remain weak with uneven trade data. The tone suggests overall resilience pending better trade revival signals.
MENTIONED IN THIS ARTICLE
New York
Bank of England
Fruit Prices List From Commission Row
Readable items show a dense catalog of fruit prices by type and origin. Entries include Baldwin apples at various prices, Winesaps and Staymans, boxes and barrels, citrus from Florida and California, tropicals and berries, pears and pears like D Anjou, grapes including Emperor and Keys, and vegetables with per unit or per crate allocations.
MENTIONED IN THIS ARTICLE
Baldwin
Stayman
Winesaps
Northern Spy
Ben Davis
Florida
California
Emperor
Keys
Messina
Valencia
Louisiana
Alabama
City in Brief: Wed wedding of Nelson and McGreevy tops list
In Cable Tabernacle 8000 persons watched Hilma E. Nelson 22 and Richard M. McGreevy 23 wed Wednesday night in the mad marathon contest. The week opened at 10 p.m. Lions Club leaders heard Earl W. Hodges of Lions Internationale speak at the Columbia Club. News also notes visits by Rev. Warren Grafton and upcoming talks by A P Vestal on precancels, plus a retirement tribute for Conductor John W. Griffing and local political and club activities across Irvington and downtown Indianapolis. An involuntary bankruptcy petition was filed by Hibben Holloway Co against Johnson Weddel and Co in Kokomo.
MENTIONED IN THIS ARTICLE
Cable Tabernacle
Hilma E. Nelson
Richard M. McGreevy
North Side Lions Club
Indiana
Earl W. Hodges
New York
The
Lions Internationale
Columbia Club
Hibben Eolloway Company
Indianapolis
Aainst Johnson Weddel and Company, Inc
Kokomo
Weather conditions in the air at i a
Southwest wind sixteen miles an hour and a barometric pressure of 30.06 at sea level. Temperature is 74. Ceiling and visibility are unlimited and field is good.
MENTIONED IN THIS ARTICLE
I A
Arrivals and Departures Curtiss-Mars Hill Airport
1Lt. Paul Zartman of the Indiana National Guard returns from Ft. Sill Oklahoma with Lt. D D Stowell aboard a Douglas plane. C H Delso travels from St Louis to New York aboard a Curtiss Robin. Bundy Keever from Marion returns aboard a Curtiss Commandaire for an overnight. Embry Riddle passengers board in Cincinnati including D F Sutherland Graham Houston Evanston Ill J H Jacobson Chicago T E Henderson Indianapolis and Carl Anderson traffic manager for the line. T A T passengers westbound include Chester H Rowell Berkeley Cal and A C Thomas Covington Ky. Passengers to Columbus O include Mrs Howard Ruddell of Indianapolis and J A Catercott of Columbus O Hoosier Airport J H Stuart.
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Curtiss-Mars Hill
Paul Zartman
Indiana National Guard
Ft. Sill
Okla
D. D. Stowell
Douglas
C. H. Delso
St. Louis
New York
Curtiss Robin
Bundy Keever
Marion
Curtiss Commandaire
Embry-Riddle
Cincinnati
D. F. Sutherland
Graham Houston
Evanston
Ill
J. H. Jacobson
Chicago
T. E. Henderson
Indianapolis
Carl Anderson
Chester H. Rowell
Berkley
Cal
A. C. Thomas
Covington
Columbus
Howard Ruddell
J. A. Catercott
O. Hoosier
J. H. Stuart
Hog Market Tumbles as Weaker Trend Dampens Prices
Hog trade at city stockyards mostly 10 cents lower with 150 to 300 pound hogs at 10.00 to 10.15 dollars and top 10.25. Receipts about 5,500, holdovers 653. Cattle steady with calves and sheep mixed. beef steers and vealers show varied quotes. Chicago hogs 21,000 receipts, 5,000 direct. market fully steady against Wednesday.
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Chicago
United Press
Pittsburgh
Buffalo
N. Y
Bu United Press
Cleveland
Cincinnati
Chicago Markets Report Hogs and Cattle Up Across Regions May 1
cattle and hogs show gains with strong receipts in Chicago and other cities. Trade highlights include top hogs at 10.20 cash for 170-210 lb and cattle with steer top around 13.50 for 1300-1500 lb classes, while lambs and sheep show firmer tone across multiple markets.
Trico and Winton report first quarter earnings contrasts
Trico Products Corp posts net income of 573,674 or 1.53 a share on 374,491 shares with a 60 percent range to its 2.50 annual dividend. Winton Engine Co earns 162,528 or 1.71 a share on 95,000 shares, down from last year’s 1.78. Other items note Grangesberg ore shipments up 50 percent year over year and Bond/credit actions including Bank of Hollywood issue plans.
MENTIONED IN THIS ARTICLE
New York
Trico Products Corporation
John R. Oisher
Chicago
Winton Engine Company
Market Prices and Feeder Prices Across Regions
Markets show mixed commodity prices including eggs and poultry across Indianapolis New York Cincinnati Cleveland Chicago and other hubs. Notable figures include eggs at 20 23 cents per dozen and butter around 40 cents, with poultry and turkey rates varying by weight and type across multiple cities.
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Indianapolis
Kingan & Co
Wisconsin
New York
United Press
Cleveland
Maine
Selling Wave Drives Grain Down in Chicago Trade
A selling wave hit the wheat market on the Chicago Board of Trade and pushed all months to new lows with only a slight late recovery. Corn fell and oats were uneven, while provisions advanced. Liverpool stayed firm as export business remained steady. cash prices edged higher and receipts totaled 11 cars.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Board of Trade
Liverpool
Chicago May 1 primary receipts and cash grain closes
Primary receipts listed for Renee corn oats with figures, and Wheat Corn Oats by Kinited Press. Cash grain close at Chicago and Toledo shows No 3 red wheat 1.02 1.03, corn various values, oats white and yellow prices, rye barley clover timothy butter eggs hay prices.
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Chicago
Renee
Egainst
Kinited Press
Timothy
Clover
Bu United Press
Toledo
Alsike
First Conviction Under New Radio Noise Law
New York May 1 The first conviction under the new radio noise law was obtained against a store owner after his loud speaker outside the door annoyed funeral services at a nearby undertaker. Thomas, owner of the store, was fined 50 dollars.
MENTIONED IN THIS ARTICLE
United Press
New York
Thomas
Cigarette production rises in first quarter of 1930
Government figures show U S cigarette output higher than a year earlier. March production reached 9,165,174,000 compared with 8,689,510,000 last March, while first quarter total was 27,938,411,000 versus 26,912,272,000 in 1929, a 3.8 percent gain. Total 1929 production stood at 119,000,000,000.
MENTIONED IN THIS ARTICLE
United States
Grain Elevator Prices Rise for Wheat Varieties
City grain elevators quote 95 cents for No A red wheat and 89 cents for No 2 hard wheat, signaling current market values for local growers.
MENTIONED IN THIS ARTICLE
City Grain
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New Haven
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Gen Gas A 75%S 1635 744% 74 15 15% | Intl
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Pac Gas & el A Pub Ser N J
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and Smith
Indianapolis, Indiana
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Wm. W. Miller
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Fletcher American National Bank of
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Julian C. Ralston
Thomas 8. Hood
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Roy C. Shaneberger
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George B. Elliott
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