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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 01, 1930

Page

9

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

City Grain

Also Mentioned on This Page

Banking J. P. Morgan Southern Railway Erie Missouri- Kansas-Texas Alleghany Corporation New Haven Canadian Pacific Baltimore & Ohio Banks and Exchange Treasury Statement O. W. Karstedt Bowman Thomson & McKinnon Atchison Ealt Cesa Gult Mob & Oil Aweee Southern Ry St Paul Eee St Paul Union Pacific Wabash - Wee West Pacific Maryla Oe Wee Equipments Am Car & Fdy Fisk Goodrich Goodyear Weer Kelly Spafid Motors Auburr Ss Oss Chrys Gardner Graham Paige Hudson Eessreee General Motors Hupps Marmon Nash Packard Pierce- Arrow Bendix Aviation Borg Warner Briggs Ue Eaton Ei Stora Hayes Bod Honda Motor Wheel - Eee Wee Stewart Warner Timken Am Metals Secee Ee Ess Ees Cal & Hecla Dome Mines Freport Texas Granby Corp Howe Sound Int Nickel Inspiration Kennecott Magma New Miami Texas Houston Ind Oil Shell UN Simms Ptry Sinclair Elly N NJ Texas Co Eee Union Oil - Oe Am Roll Mills Bethlehem Eee Byers_A Youngst S&see One General Ciga Lig & Myers Lorillard Phil Morris Reynolds - 52S Tob Pr United Cig Seeeees Ase Utilities Adams Experiese Pwr & Ni Col Gas & E Com & Sou Pwr Li Gen Gas Gen Gas A 75%S 1635 744% 74 15 15% | Intl T& T Natl Pwr & Li Pac Gas & el A Pub Ser N J Cal Edison Ltd G & el United Corp Ut Pwr & L West Union Am Intl Corp - Eee Am Suz - Ee Childs Co Gen Foods Grand Union Hersey Wseeve Jewel Tea Kroger Nat Biscuit - Eee Wee Pillsbury Safeway St Eee Il Ward Bk - Wee Ee Cozy Inc Drugs Lambert Co Wees - Ase Eee Lehn & NK Wee - Wee Eee Otis Elev indus Allied_Chem Com Soly Ind Asco Retail Asoc Dry Ee Wee Gimbel Bros Mont —— Sooo Behulte Re Woolworth Amusemen Sme Bruns Balke Eastman Rod Fox Film (A Loews Inc Radio Corp Schuber Warner Bros First Investment Corporation Ord No Am Southern New Texas Warren Grafton First Christian Church of Los Angeles T. W. Grafton North Capitol Avenue Butler University Northwood Christian Church A. P. Vestal Indiana Stamp Club Lockerbie John W. Griffing Pennsylvania Street Union Station Missouri McCarty Street Irvington Democratic Club Carr’s Hall Exchange Club Lincoln Boy Scouts Club FT. Wayne All Times Louisville Central Indiana Newton Todd Lemcke Stanley W. Prenosil Associatedress Sutro & Co San Francisco Wall Street Grangesberg Company Europe Kreuger & Tell Company Commercial Investment Trust Corporation Dillon, Read & Co S. W. Straus & Co Bank of Hollywood Minnesota Idaho Bliss Drea Robert K. Tomlinson Investments Continental Bank Bu Times R. H. Gibson & CO Circle Tower Tel Broadway Dixie Terminal General Motors Chase National Bank of Lambert American Foreign Power Standard Oil of Texas Corporation American Rolling Mills Standard Oil of Atlantic Refining U. S. Steel Columbia Gas & Electric Electro Bond & Share Pennsylvana Rairoad Baltimore & Ohio Railroad R. A First Investment Corporation New City Trust Riley New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association Ask Chase National City National Bankers Ree Wesses Brooklyn Trust Chatman Phenix Corn Exchange First National Irving +peres Comercial Manufactu Citizens Street Railroad Company Marion Circuit Court State of George C. Forrey Jr Indianapolis Street Railway Company Marion County Security Trust Company Fidelity-Philadelphia Trust Company Philadelphia Indianapolis Street Railway Counsel Smith, Remster Hornbrook and Smith Indianapolis, Indiana A. J. Wichmann Washington Street Irving W. Lemaux Pres. Security Trust Co Julian J. Kiser Meyer-Kiser Bank J. C. Neff Fidelity- Philadelphia Trust Company State of Indiana Indiana National Bank Provident Trust Company of Pickens, Davidson, Gause, Gilliam & Pickens Wm. W. Miller Gavin L. Payne Gavin L. Payne & Co R. Malott Fletcher Carl W. Fenninger Provident Trust Company Indianapolis Traction and Terminal Company Fletcher American National Bank of Pennsylvania Company Julian C. Ralston Thomas 8. Hood Pennsylvania St P. O. Box Roy C. Shaneberger Pres. Progress Laundry Co George B. Elliott Pres. Breed, Eliott & Harrison Arthur Y. Morton Pennsylvania Company For Insurance
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