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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
May 15, 1930
Page
8
Wheat closed sharply higher on the Chicago Board of Trade with May and July contracts tight. Absent heavy selling, strong Liverpool cables, and small Argentine shipments supported prices. corn and oats gained modestly. provisions were steady to firm. Receipts and cash prices varied, with mixed local trading.
Market reports show mixed prices for poultry, cheese, butter, and vegetables across New York Chicago and Cincinnati. No. 1 top quality poultry and fowl prices, butter quotes, and various Potato and cheese values appear with several regional totals and descriptions.
The closed State Savings and Trust Company vault has been sold to Bankers Trust Safe Deposit Company. Eben H. Wolcott, receiver of the former bank, announced the sale. Sections of the vault will be removed today and Friday, with contents left undisturbed.
Professor Clade Sifritt of Butler University was named one judge in district oratorical contests for National Electric Light Association employees in Chicago Friday. Twenty Indiana members of the Associated Press heard J. M. Kendrick speak at Claypool Thursday. Dr W Dearing spoke on Down on the Hoosier Hills before the Murat Cara van Club today at noon. Edward B. Raub now heads the Indianapolis Board of Trade committee to nominate the regular ticket in the June 9 election of officers. Ticket must be posted by May 19. five members may submit a ticket by petition.
Officials of the R H Gibson investment securities firm announce completion of negotiations to merge with D T Fisher & Co of Chicago. Fisher becomes resident partner and manager of the Ft Wayne office, with the combined firm operating as R H Fisher & Co and gaining CBOT membership plus exchange ties in NY, Chicago, and Cincinnati.
A detailed rundown of assorted fruits and vegetables with prices by variety and origin. Includes apples, grapes, citrus, pears, and vegetables such as artichokes, cabbage, lettuce, and potatoes with regional notes and unit measures.
In the air at 9 a m wind west southwest 14 mph pressure 29.77 at sea level temperature 54 ceiling 2000 feet visibility six miles field good
An aviation roster lists pilots and passengers traveling between cities including Nashville to Muskegon Indianapolis to Columbus and back Waco and Chicago Stanton routes plus trips from Chicago to Cincinnati and Wichita to Indianapolis It details aircraft types Stinson Ford trimotor Fleet and Travel Air among others and notes individual names such as McElroy Winslow Lamont Kirberg Kinaire Cassidy Emmerman Porter Robinson Jose and McDuffey along with the airports involved Capitol Hoosier Curtiss-Mars and Stinson stations the times are overnight or daily in this period.
A June start is planned for a world circling record race between John Henry Mears, who has set global speed records, and William S. Brock, who in 1928 worked with Edward Schlee on a prior attempt. The Graf Zeppelin holds the current eighteen day mark. Bus Warsaw report notes a separate crash near here injuring three, including Mrs. A R Myers.
Hog prices held near steady in the Union stockyards with most sales for 160 to 250 pound hogs at 10.35 to top. Receipts were about 17,009 with 294 holdovers and cattle at 700 head. Spring lambs ranged 9 to 12, some 13, while heifers and weaners showed modest gains as Chicago saw 22,000 hogs and 5,000 direct.
The May 15 issue from New York Stocks by Thomson and McKinnon outlines daily market movements and notable changes in share prices. It highlights key performers, trading volumes, and brief indices snapshots from the day.
Chicago reports hogs 22 000 with bids off more and top at 10.30 for 185 lb loads. Cattle and calves show uneven gains with high weight steers around 14.00 and slaughter classes near 11.50. Sheep receipts 13 000, steady to firm with best lambs around 9.75 to 11.75. Louisville and East St Louis list varied hogs and cattle, while Toledo Pittsburgh Cincinnati and other markets show softer or steady tone overall.
J F Farmer requests permit for an addition at 2129 Brookside S720. Pogue's in Institute seeks alteration at 1145 North ape Hipsons for dwelling and garage at 6930 Washington boulevard valued 50000. Rudolph Messerle files for dwelling and garage at SS Olney valued 4250. IT Sidel applying for project at Senate and Michi Fe 006 Washington Bank and Trust 2536 College valued 600. FE Menges repairs at 2154 aoegy on Women's prison greenhouse at 401 North Randolph. Harry Bell seeks dwelling and garage at 1110 14 North Temple valued 4000.
Dr. Robert G. Lee of Memphis delivers a convention sermon in New Orleans calling America the land of artificial beauty shops jazz orchestras and comic shrieking. The May 15 dispatch notes the harsh critique amid Southern Baptist discussions.
A calm but downbeat trading session on the New York stock exchange saw fractional losses across the broad list with some gains in a few utilities. Columbia Gas rose to 86 percent, American and Foreign Power gained to around 85 percent, while leaders like United States Steel and Kodak fell steeply.
The article notes a break in copper buyers stride signaling potential easing in other sectors. It predicts steel price cuts may end and buyers will rebuild inventories. Confidence in stable commodity prices could spur renewed business activity, with a slow but rising pace in general improvement.
Walter J Marquis 48 Brightwood Y M C A engineer marries Winifred B Epperson 44 of 3638 Roosevelt nurse. Fred W Phelps 26 1202 North New Jersey surveyor weds Louise E Stagg 27 1202 North New Jersey. Bernard N Kirshbaum 55 retired 3733 North Meridian weds Mabelle L Richey 32 3015 North Meridian. Donald F Adams 21 Beech Grove me nenic weds Margaret M Coons 18 Beech Grove. Moses N Patterson 50 431 Patterson mechanic weds Barbara Whitlock 49 431 Patterson. Dwight C Davis 26 847 South Meridian chauffeur weds Helen G Dalton 26 926 South West bookkeeper.
A listing of birth announcements showing many couples and families across residential addresses and assembling at local Methodist and Christian hospitals. Names include Berton Pratt and Pearl Pratt, George Bailey, Lenon Bailey, William Evas, Alice Evas, Melvin Stephens, Lydia Stephens, Reid, Haton, McBridge, Heatee, Freda De Noon, Martin, Whyde, Ruth Whyde, Wald, Kidwell, Marie Lewis, Eveline Sweeney, Mary Caito, Alfred Ayler, Mabel Ayler, Arthur, Meyer, Kline, Laycock, Tewell, Miller, Sawyer, Hobbs, West, Crossen, and others.
The notice lists several deaths including Lewis F. Laster 41 820 Camp from scute gastric enteritis at Medonia Bana oo 4 Riley hospital and Velma Lena Marshall 2 1112 Udell from intestinal influenza. Also listed are Mary Jennings Campbell 61 2103 South Emerson from carcinoma Minnie L Pisk 54 908 North De Quincy from coronary thrombosis Sewell Nebeker 57 Hooks Drugstore 57 acute cardiac dilatation and Ihn L Hisemans 72 820 North Hamil bas sabeih Janese aa 51 812 East.
Pacific and Electric receives sanction from the California railroad commission to acquire Great Western Power Company San Joaquin Light and Power and Midland Counties Public Service Corporation through stock exchange. Tranx-Tracr Coal Company and subsidiaries first quarter earnings were cents a share on 245000 shares.
Ratio of $4 par value debentures for each Eeemee share held. Rights ex pire June 16. Eisler Electric declares a 37 cents per share dividend payable June 14 with record May 28. initial 37 cents per share declared January 23. Bank of England week to May 15 circulation 356 454 000 pounds, bullion 163 347 000. Consolidated profit at Fairchild Aviation renerbetarian division $119 963, net loss $2 094 478 after adjustments. Central & Southwest Utilities March profit $1 603 027 after interest but before depreciation. National Biscuit buys Pacific Coast Biscuit for 140 000 shares and Bishop & Co. for 70 000. American Public Service 12 months to March 31 profit $2 137 858 before depreciation. March rusteer profit $401 868. Wilcox-Rich B stock merger extended to May 22. Columbian Carbon first quarter earnings $1.62 a share on 498 505 shares. Standard Oil of New Jersey 1929 earnings $4.75 a share on 25 418 968 shares.
Directors announce 50 cents a share on preferred and 40 cents on common stock to be paid June 1 to stockholders of record May 20.
Indianapolis totals show debits of 4 202 000 and credits 6 940 000. Chicago reports bank clearings 95 300 000 with Pleasances 12 700 000. New York records bank clearings 1 152 000 000 and clearing house balance 171 000 000 with Federal Reserve credit balance 161 000 000.
On May 13 the Treasury reported a net balance of 90 million 99 thousand 400 dollars 71 cents. Customs receipts for the month to date amounted to 20 million 905 thousand 944 dollars 07 cents with expenditures on May 13 of 8 million 470 thousand 880 dollars 33 cents.
The Stanford Daily plans to publish an editorial denouncing a wartime treatise by Theodore J. Hoover, den of the engineering school and President Hoover's brother. Hoover urged consultation and defended free yet sensitive academic discourse, while editor Robert Speers faced pushback after a two hour conference with Hoover and press reps.
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