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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 02, 1930

Page

18

Banks and Exchange Report for May 2 Markets

Indianapolis bank clearings Friday May 2 total 4 456 000 in debits 8 281 000 Chicago clearings 113 400 000 balances 8 600 000 New York clearings 1 621 000 000 clearing house balance 165 000 000 Federal reserve credit balance 160 000 000 Treasury balance April 3 156 637 719 50 customs receipts to date 41 071 949 38 expenditures April 30 18 672 050 83 Markets show mixed signals as Hoover forecast optimism contrasts with expected price drops and profit taking in steel and high priced shares.

New York United Press Clearing House Federal Reserve Bank Treasury United Arena Washington The

Stronger Tone Boosts Porker Trade at Pens

New York Stocks By Thomson & McKinnon report a favorable market tone lifting hogs 25 cents in morning trade at city stockyards. Hog weights 150 to 275 pounds sold mostly $10.25 to $10.40 with top at $10.40. receipts about 4,000. slaughter cattle steady. vealers up 50 cents with top $11. calf receipts 700. sheep market strong. direct or billings 1,100. Chicago hog receipts 16,000 with 8,000 direct. bids higher at about 10 cents above Thursday's average. cattle 1,500. sheep 15,000.

Chicago United Press Buffalo Cleveland

Stock Market Sags Despite Easier Money Rays

Average prices for major groups slipped with the industrials at 27459 down 4.64, rails at 14068 down 4.40, utilities at 192.85 down 2.29, and forty hands at 94.87 unchanged. United States Steel dipped early but recovered, while Westinghouse Electric and others fell up to nearly four points. Call money rose to 3 percent as traders priced in easy-money expectations, though bankers offered a muted rationale for the lack of broader gains.

United States Steel United States Steel Corporation Steel Corporation Nocen J. I. Case Eastman Kodak Peoples Gas and Allied Chemical United Press New York Westinghouse Electric Motors Pullman

Wheat closes unevenly in dull trading at Chicago

Wheat closed unevenly on the Board of Trade in a dull session. May corn fell sharply while oats were mixed and provisions surged higher. Liverpool and Buenos Aires moved little as traders awaited further developments. winter wheat crop estimates ranged 540 to 547 million bushels. Receipts varied with six, fourteen, and fifteen cars reported.

Paited Chicago Board of Trade Liverpool Buenos Aires

Patchwork of 1930s Business Deals and Sales Gains

Montgomery Ward reports April sales up 10.21 percent to 23.78 million dollars, with four month sales at 81.15 million, slight year over year gain. Amerada announces Gates No 1 oil well in Oklahoma’s Wilcox field, initial rate 1,100 barrels. Associated Telephone Utilities boosts Indiana 1930 development to 197,103 and plans about 5 million for other Western and coastal properties. Count Giuseppe Volpi elected to Sofina board signaling closer European utility ties. Corticelli Silk Company factoring arrangement with Commercial Factors Corp. takes effect today.

Chicago Montgomery Ward & Co Amerada Corporation St Earlsboro Oklahoma Wilcox Oil On Gas Company Wilcox Associated Telephone Utilities Company Indiana Central West Giuseppe Volpi di Misurata Meraeees Electric Corporation Limited Societe Financiere de Transports Et d’Enterprises Industrielles Sofina United States Volpi European Electric Corpora

Disfranchisement in Soviet Union Criticized by Enukidze

Moscow May 2. Abel Enukidze, secretary of the central executive committee, accuses local functionaries of widespread voter disenfranchisement. Causes range from age 65 to rent payments, singling out districts where women over 20, churchgoers, and even future labor hiring could bar voting.

United Press Moscow Abel Enuskidze Kazakstan Riazan Enukidze

Hog and cattle market listings from Wayne Indiana

United Press dispatch from Wayne Indiana shows hogs and cattle market bids with various weight ranges and prices. Calves lambs roughs stags and calves priced from $6 to $10.70 per hundred pounds and up to $10.20 for heavier hogs and cattle.

United Preas PT. Wayne, Ind

Chicago Hogs and Cattle Prices Hold in Broad Market

Chicago leads with 16 000 hogs and 1 500 cattle as receipts steady and prices rise 15 cents. Buyers report top hogs at 10.30 with many weight classes trading near 9.80 to 10.30. cattle mostly steady to higher, slaughter steers 12.25 to 14.75, vealers 8.50 to 11.50, cows 6.25 to 10. The spread of prices appears across other markets in Pittsburgh Louisville Cincinnati and Cleveland with similar demand and varying top end.

United Press Cincinnati Beliet Tours New York Middle West Long Island Jersey

Hoosier Kennel Club president re-elected at Spink-Arms hotel

Harry Meyer remains president after the annual Hoosier Kennel Club election at the Spink Arms hotel. Plans were announced for a fall show tied to the Indiana State fair on Sept 1 2 3.

Harry Meyer Hoosier Kennel Club Spink-Arms Hotel

Fruit and Produce Prices Listed in Local Market Ledger

A historical market list itemizes prices for Baldwin apples 202.50 and 243 stays, various fruit crates and boxes including Delights and Winesaps, Florida naval oranges at 9 a crate, Pineapples from Cuba at 5 dollars, Strawberries from Louisiana, Pears and Avocados with D Anjou, Artichokes California, Asparagus, Beans, Beets, Cabbage, Carrots, Cauliflower, Celery, Cucumbers, Kale, Lettuce Iceberg, Onions from multiple states, Parsley, Rhubarb, and other produce with assorted package sizes and locations.

Florida California Messina Naval Valencia Louisiana Alabama D'Anjou Georgia Texas Indiana Colorado Bermuda Alifornia Ishes Arkansas

Auto kills elderly man in Franklin county crash

In Franklin Indiana on May 2 an automobile struck C. E. Cox 62 a tenant on the Rendall Cove farm near Whiteland. Cox died from injuries suffered when struck on the Jackson highway near his home.

United Press Franklin Ind C. E. Cox Ranedall Cove Whiteland Jackson Highway Cox

Grain table reports Chicago cash grain closes May 2

Toledo and Chicago cash grain prices show Wheat No 2 red at 1.12 plus, Corn varied with No 2 yellow 80 to 81 cents, Oats 42 to 43 cents, Rye none, Barley 68 cents, Timothy 7 to 8.50 dollars, Clover prices around 11.75 to 12.80 dollars per unit.

Bu United Press Toledo Timothy United Press Chicago Clover

Grain prices and market notes from New York May 2

Local wagon grain elevators pay 95c for nes ae wheat and 89c for No 2 hard. In New York the rediscount rate fell while brokers loan totals rose, signaling distribution by strong holders. Hoover's remarks to the National Chamber of Commerce offered cautious reassurance.

City Thomson & McKinnon New York Hoover National Chamber of Commerce

Births Recorded at Local Hospitals and Homes

Birth notices list multiple families with newborn boys and girls in the city. Entries include Christian hospital births for Bonwell Miles Ragsdale Kramer and several Coleman hospital notices for O Bannon Lewis Conner Glass Griessbach and others. Addresses appear for some families such as Fletcher Avon North Capitol West Twenty-first Cruft and 535 North ville.

Acne Poephine Parichia Charles Edith Bonwell Christian Hospital Robert Minnie Miles Fletcher Leonard and Mary Ragsdale Avonale Arthur Cecelia Kramer East Twenty-first O'Bannon Anna Lewis North Capitol John and Madge Conner Coleman Hostal Robert and Isadore Glass Coleman Hospital Max and Myrtle Griessbach Harold and Alma Rites He Hee Delema Lynch Northville George and Alma Egold Cruft

Deaths List From City Hospitals and Homes

A compiled death notice lists multiple individuals with causes of death and residence. Names include Elizabeth Stegemiller 49 Ogden broncho pneumonia, Nettie Woolery 66 North Olney chronic myocarditis, Julius Smith 71 Long hospital chronic myocarditis, Bridget Ferris 52 St Vincent’s pulmonary edema, Barbara Becker 78 North De write cardio renal disease, Isiam Graham 62 city hospital cerebral hemorrhage, Samantha Laslie 57 Methodist hospital camera, Anna Mary Hanly 75 healing arteriosclerosis, Nannie Marilett 54 Broadway lobar pneumonia, Betty Jane McIntyre 3 St Vincent hospital scarlet fever, Clara Gorman 62 Methodist hospital carcinoma, Bertha Beeler 46 city hospital acute myocarditis, Linnie Alien 2201 Howard carcinoma, Dan Carmony 69 North East apo, Prvilliam Edwin Arnold 77 Fletcher carcinoma, Stella M 60 Central hospital pulmonary.

Elizabeth Stegemiller Ogden Nettie Woolery North Olney Julius Smith Long Hospital Bridget A. Ferris St. Vincent's Hospital Barbara Becker North de Isiam Graham City Hospital Samantha Laslie Methodist Hospital Camera Anna Mary Hanly

Markets Report: Eggs Butter Poultry Prices in Major Cities

Market notes from Indianapolis New York Chicago and Cincinnati show mixed wholesale prices for eggs butter and poultry. No. 1 top quality eggs and various weights of poultry steady or edged lower while butter and cheese hold and fluctuate across regional quotes.

Indianapolis Kingan & Co Wisconsin New York

Kidnapped Girl Sought in Green Sedan

Indianapolis police issued a lookout for a green sedan with New York plates believed to carry Miss Marjorie Tripman twenty, abducted earlier today by a man and woman. Authorities described the suspects and urged sightings.

Indianapolis New York Marjorie Tripman

Final agreement on bridges to be drafted

After a morning conference with Attorney-General James M. Ogden, Indiana and Kentucky send representatives to Frankfort to draft the final Evansville bridge pact. The $4 million project will be cost shared, with Kentucky allowed tolls to recoup its investment. the plan follows a Supreme Court approved friendly suit ending litigation. The party includes Chairman Albert J. Wedeking, chief engineer William J. Titus, and Connor Ross of the attorney general's office.

James M. Ogden State Highway Commission Frankfort Indiana Kentucky Evansville Washington United States Supreme Court Ogden Supreme Court Albert J. Wedeking William J. Titus Connor Ross Attorney-General's Office

Flask Gun Robber Shot After Grocery Hold Up

Milwaukee man Leon Carroll aged 37 used a whisky flask as a gun to rob a grocery, forcing the grocer C Wesley to surrender till contents. Wesley pursued and shot Carroll as he boarded a passing bus in Akron Ohio on May 2.

United Press Akron Leon Carroll Milwaukee Carroll C. Wesley Wesley

Meningitis Toll Reaches 121 With Death

The death of Bonnie Hughes, a 5 year old of 645 South Missouri street, at city hospital today raised the cerebrospinal meningitis death toll to 121 since December 9. The tally of cases in Indianapolis and vicinity climbed to 180 with the latest victim, Doyne Evans, 19, of 649 East Pratt street. Dr. Herman G. Morgan, city health commissioner, reported nineteen April cases, thirteen fatal.

Bonnie Hughes South Missouri Street City Hospital Doyne Evans East Pratt Street Inedianapolis Herman G. Morgan

Marriage Licenses Listed For Local Couples

A list of marriage licenses shows Howard K. Berkhofer and Mamie Pruitt, John W. Sweatman and Prieda M. Record, Elton Baker and Esther C. Sering, Sherman Wininger and Mary L. Plener, William B. Finch and Caroline Tibbs, Lewis C. Maynard and Francis E. Gardner, Louis C. Carroll and Ada Pfl Beam, Clarence Buell and Reve Smith, Henry G. Roberts Jr. and Myrtle M. Ray, Henry F. Aegerter and Hazel G. Tewell. The entries include ages and occupations and street addresses for both partners.

Howard K. Berkhofer Chinegey Mamie Pruitt East Pratt John W. Sweatman North Capitol Prieda M. Record Geisendorff Elton Baker Ft. Harrison Esther C. Sering North Miley Sherman Wininger Central Mary L. Plener William B. Finch We Tenth Caroline Tibbs Garfield Place Lewis C. Maynard Jasonville Miner Francis E. Gardner Alabama Louis C. Carroll North Alsebama Ada Pfl Beam Delaware Nurée Clarence Buell Ohio Reve Smith Kenmore Henry G. Roberts Jr Dearborn Myrtle M. Ray Keystone Henry F. Aegerter Nor East Hazel G. Tewell New York

Also Mentioned on This Page

Banks and Exchange Ask Am First Investment Corporation Ory Investments Trust of No Am Power & Light Sec Trust Reybarntandard Oi Trust W Straus Amer Oil Usec & Pow Elec & Power Pont Aed Atchison Eevee Woolworth Ealt & Ohio Va Bruns Bal Balke Tees Get West Grigsby Gry Det & Hudson. Ae Ws Nc OF Erie Lst Io Corp Gulf Mob & Oil See Kan City Schubert Warner Br u_é& Nas Mo Pacific Ase City Ice Mo Pacific Pf NH & H Centran Nor Pacific Norfolk & West Curtis Wr Teeee Gillette SR Pennsylvania Seaboard Air L So Pacific Southern Ry St Paul Stl& Mee Union Pacific Wabas Eoees Maryland A. Tee West Pacific Ate Equipments Am Car & Nee Am Steel General Elec Ao Eee Lima Locoo Westingh Ar Weatingh Elec Pirestone Eenane Fisk Seer Goodrich Goodyear Kelly O Lee Rees Whee Nasseer Rackard Studebaker Motors Access Amb Bendix Aviation Borg Warner Briggs Eaton el Stora Boys Body Stewart Warner Timkin Wane Am Metals Rees Am Zincost Cal & CIA Cerro Texas Gus Bus Umcl Atl Refining Houston Royal Colo Fuel Cruc Steelar Wee Ludlum - Aoe Midland Newton Repub S Steel Armour Ae Grand Union Hersey Kroger Natl Biscu Pillsbury Safeway Ltd Brands Ward Blig O Cruzs— Coty Inc Eseee Lambert Co Lehn & Fink Indus _Chems Allied Chem Assoc Dry Gimbel Bros Kresge Nee Oe Wee Corticelli Silk Company Commercial Factors Corporation Commercial Investment Trust Corporation Red Credit Jewelers Washington St Lincoln Hotel Bldg Pittsburgh All Times Louisville Bu United Ig de Toledo Wittenbreg College Springfield G. Ernest Mullenbre Jefferson Avenue Elwood A. Mullendore Hoosier United Lutheran Church Terre Haute, Indianapolis & Eastern Traction Company Elmer W. Stout Joseph M. Milner American War Mothers Julia McGrady Congress Avenue Flanner & Buchanan Undertaking Laurens L. Henderson WFBM American Legion Emma C. Puschner Legion White House de Molay Dramatic Club Chapter House Broadway Melvin Berryman Percy R. Williams Pittsburgh Taxpayers’ League Indianapolis Exchange Club Ninth Ward East Washington Street Louis Ludlow West Park Christian Church Ernest Graham Guthrie Chicago Congregational Missionary and Extension Society Indianapolis Church Federation Meridian Heights Presbyterian Church Citizens Republican League Mahlon E. Bush John F. Engelke Republican Club Bernard A. Trimpe Citizens Non-Partisan Committee Andrew J. Allen Associated Employers of Indianapolis Hamlet Caleb Mills Shortridge High School Judson L. Stark James A. Collins William H. Remy Marion County New Jersey Street Joe Foppiano Seventh Ward Baldwin Stayman Northern Spy Ben Davis Dan Carmony North East Apo- Prvilliam Edwin Arnold Stella M Central Hospital Minnesota Idaho Russell Bliss Ask 'Chase National Equitable Eeeeees City National Wee Guaranty Neces America Bo Rents Tsaeesens Bank of United States Central Hanover Continental Empire Interstate Manhattan New York Trust Bankers Eeceeres Brooklyn Trust Tbeseeceenee Chatman Phenix National Corn Exchange Seeceesese First National Irving Vinsageses Oe Eee Serene Amer _ Central pie Ins Co R & Yds Co Belt R R & S Yds Bobbs-Merrill Co Central Indiow Co Circle Theater Co Citizens Gas Commonwealth L Ind Hotel Co Nam Hook Drug Co Indiana Hotel Co Indiana Service Orp Indianapolis Gas Co Indpis Ower & Lt Co Indpis St Ry Co Plnapolis Water Co U_S Co Interstate PS Metro Loan Northern Ind Bub Northern Ind Pub EE Oh Laundry Co Com, Sons Fer Raat Bute Hosiery M Inc Fa Standard Oil Co of Ecene Terre Haute Tree L Union_Title van Camp van Camp Prod Belt RR Re Stock Co Aee Broad Ripple Ace Central Indiana Gas Co Area Co Central Citizens Gas Se Escoes Citizens Street Railroad Gary St Ry Essccesese Home T & T Ft Wayne Ees Ind Northern Trac Co Indpls Water Co Union Ry Indpls Indpls Water Interstate Pub Ind Pub Ty Co Ind Telegraph Co Ind & East Trac St Gas Co Highway Commission James T. Hamill & Company Brokers Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb Bank Bldg Riley
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