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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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
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