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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 19, 1930

Page

6

Stock Prices Slip in Light Trading on May Day

Stocks declined 1 to 3 points with some issues down as much as 6 as trading remained dull. United States Steel eased to 171, while Westinghouse Electric and Eastman Kodak fell 2 to 3 points. Pennsyl vania and Missouri-Kansas-Texas posted small gains as Standard Gas preferred hit a yearly high. Securities traders await a quicker market recovery, with Lamont predicting normal business within three months.

United Preas ‘Oak United Cigar Store Tobacco United States Steel Westinghouse Electric Eastman Kodak A. M. Byers International Harvester Auburn Auto American Can Radio- Keith-Orpheum General Electric Southern Railway United Corporation United Carbon Pennsylvania Missouri-Kansas-Texas Standard Gas Western Union Lamont

Bank and Treasury Daily Statements Mixed Totals May 19

Indianapolis clearings were 4 252 000 debits 7 312 000. New York May 19 bank clearings 125 000 000 and balance 125 000. Federal Reserve credit 125 000 000. Washington May 19 treasury net balance 81 760 300.45 customs receipts for May total 27 410 502.67 Sears expenditures May 16 10 321 137.52.

Indianapolis Buunce York Bank Clearing House Federal Reserve Bank Credit Washington

Swine Market Rises Quarter At City Yards

Hogs opened the week at city stockyards with prices about 15 cents higher than Friday. Hog weights 160 to 275 pounds sold at 10.45 to 10.55 with top at 10.55, receipts around 5 000 head. Cattle and vealers steady to up 25 cents. sheep trend lower with spring lambs near 10 and some to 12. Receipts hogs 38 000 and cattle 14 000, sheep 14 000.

Seetees Dev Baeus

Suspect Tipoff Bonuses Scrutinized by Officials

Federal border patrols probe the tipoff system used to catch smugglers and pay informers 25 percent of fines while officers deny any share. Washington officials investigate possible violations of the rule barring agents from taking informer profits.

United Press Buffalo N. Y Washington Border Patrol Service

Sister of Morrows Rival Quits as Aid in Senate Race

Miss Margaretta Fort, sister of Dwight W. Morrows rival for the New Jersey Republican senatorial nomination, resigns from the Morrow campaign committee and will support her brother Representative Franklin W Fort, running on a dry platform, in the May 19 report from West Orange New Jersey.

Miss Fort Brother Dry United Press West Orange N. J Dwight W. Morrow Margaretta Fort New Jersey Morrow Franklin W Fort

Mt Vernon High Students Highlight Family Graduates

Four relatives of Mt Vernon township farmer John S. Hildredge graduated at the Mt Vernon High School commencement in a special exercises. The site lists four rels as part of the class, marking a notable family achievement amid the 19 May event.

MT. Vernon Ind Mt. Vernon High School John S. Hildredge Ue K. Hernell Ap Alge Mencrow Wo

Market outlook hints at autumn revival after miscalculation

The New York stock scene, May 19, suggests a return to normal activity by early autumn as the administration eyes tariff adjustments and congressional adjournment. While immediate gains are hazy, signs point to steady improvements, with General Motors reporting better auto sales and dullness fading as a precursor to a rebound.

Thomson & McKinnon New York Congress General Motors Corporation

Chicago hogs and cattle report signals price gains

United Areas data from Chicago May 19 shows hogs 38.00 with 15,000 direct, prices up to 10.40 for 309 lb weight, cattle receipts 14,000 with best steers and yearlings 25c higher, top slaughter steers at 12.25 to 14.25 and hogs at 10.75 for 150-210 lbs. regional markets in Pittsburgh East St Louis and Buffalo show similar strength with higher bids for hogs and firmer cattle prices.

United Areas Chicago California East ST. Louis Linited Preas United Press Buffalo N. Y Buinginnate Mey Tee

Stinson Aircraft sales rise 38 percent in April

Wayne Michigan based Stinson Aircraft Corp reports April sales up 38 from March with models including 32 juniors a four seat cabin plane priced at 55775 and two six place Detroiters powered by 360 horsepower Wright engines. Directors of Twin States Natural Gas authorize 40000 extra no par common shares at 85 per share to holders of Class A stock.

Wayne, Mich Stinson Aircraft Corporation W. A. Mare Stinson Twin States Natural Gas Company Midland Natural Gas Company Delaware Pennsylvania West Virginia E. R. Diggs & Co., Inc New York

Markets Show Mixed Prices Across Poultry and Dairy

Reports from Chicago New York Cincinnati and land markets illustrate varying prices for butter eggs cheese and poultry. Hens leghorns broilers ducks and geese list stable to weak trends with regional differences while butter and cheese hold firm or rise slightly in wholesale markets.

Indianapolis Kingan & Co Wisconsin New York Bu United Press Chicago Sconsin Minnesota Idaho Russell Texas Bliss Alabama Louisiana

Lower grain prices push markets on May 19

Wheat closed sharply lower amid weak demand and Liverpool losses. Corn briefly rose before turning down as rain delays field work. oats slipped. Provisions held steady with Liverpool and Buenos Aires easing. Cash prices mixed with varying receipts across Wheat Corn and Oats trades.

Board of Trade Liverpool Buenos Aires

Grain prices mixed in Chicago and Toledo reports

Chicago and Toledo publish cash grain closes on May 19 with wheat and corn quotes across several classes. Chicago ranges include Wheat No 4 at 94c and Corn No 2 at 82 1/2 to 83 1/2c, while Toledo lists Wheat No 2 red at 1.14 to 1.12 1/2 dollars and Corn No 3 yellow at 85 to 86c, with oats and barley also shown and regional hay and Clover prices noted.

Bu United Press Chicago United Press Toledo Timothy Bu Times

Utilities see strong first quarter gains in Midland United unit sales

Midland United Company's subsidiaries report higher electrical and gas sales in the first quarter from 1929. Northern Indiana Public Service Company posts a 9.19 percent rise, Calumet district areas gain 12.90 percent, and Indiana Service Corporation increases 7.07 percent.

Midland United Company Northern Indiana Public Service Company Calumet Hammond Whiting East Chicago Indiana Service Corporation

Dentists Hear Humorous Talk At Indiana Meeting

About 900 Indiana dentists gathered at Claypool for the 72nd annual Indiana Dentists Association meeting. Doctors B W Avery and S K Avery demonstrated animal like characteristics of false teeth and molars, while exhibits and discussions addressed topics including prohibition's impact on teeth and the swan song of gold teeth as the convention continued through Wednesday.

Ark Gangway Indiana Indiana Dentists’ Association Claypool B. W. Avery K. Avery Goodland and Whiting Ind Eros Con Ross Lafay A. R. Meker F. R. Henshaw Indianapolis T-Elect

Weather report fragment notes NW wind at 14 mph

In the air weather update the wind is west north west at fourteen miles per hour. The brief item records the atmospheric conditions for the morning segment.

Dow Jones Summary Highlights Mixed Industrial Figures

Rerubber stocks at week end May 17 totaled 76,932 tons, up from prior week. GM domestic April sales reached 142,004 with March at 123,781 and April 1929 at 173,201. Four-month results show 428,634 vs 524,280 in 1959. World April dealer sales 150,661 vs 135,930 March and 227,718 April last year. California crude output dipped to about 200 barrels daily, down 2,500 from prior week. Canadian Pacific May gross at 3,182,000, vs 4,055, same week 1929. Amewanatee Trust, Ltd., and Consolidated Goldfields to merge. April structural steel orders near 236,000 tons. Irving Fisher index at 88.7 and dollar purchasing price at 112.3. London, Paris, Berlin and tax receipts data noted. Pure Oil and Thermoid earnings shown with various year comparisons.

General Motors

Fruit and Produce Price List Jammed With Figures

A dense display of fruit vegetables and prices. It lists winesaps Baldwin Ben Davis Winesaps and various crates barrels and boxes with prices per crate pound or bushel. California lemons oranges grapes strawberries avocados and other produce are given with state and origin notes and multiple price points.

Popes Searce Baldwin Stayman Seen Davis Srayman Ben Davis California Messina Florida Naval Valencia

Indianapol is Stock Listings For Utilities And Transit

Indianapolis stocks include Citizens Gas Co 5s Citizens Street Railroad 5s Gary St Ry 1st 5s Belt RR & Stock Co 5s Broad Ripple Central Indiana Gas Co 5s Central Ind Power Co 6s Ind Ry & Light Co 6s Indiana Se S Corpn 5s Indpls Pee & Light Co 5s Indianapolis Gas Co 5s North Western Co Indpls Union Ry 6s Indianapolis Water Co 5s Ind Is Street Ry 4s Interstate Pub Serv Co 1s Ind Telegrap Co 1s Interstate Pub Serv Ce No Ind Pub Serv Co 5s Union Trac of Ind Co 6 17% Notes on various utility and transit securities listed.

Citizens Gas Co Citizens Street Railroad Gary St Ry Belt R R & Stock Co Broad Ripple Central Indiana Gas Co Central Ind Power Co Ind Ry É& Light Co Indiana Se S Corpn Indpls Pee & Light Co Indiana Ed Trac Co Col & Co Trac Indianapolis Gas Co Pacnen Ma T Rapid T Co Indpis Trac Pls North Western Co Union Ry Indpls Water Co Ter Interstate Pub Ind Ee Union Trac Ask At Sea Life Ins Co Eagsee Belt RR Records Co Bobbs-Merrill Co Eeseeses Ee Central _Indiaw Co Circle Theater Co Citizens Gas Verses Citizens Gas of Commonwealth LC Commonwealth L Co Hook Drug ‘Co Ind Hotel Co Claypool Indiana Hotel Indiana Service Northern Ind Pub Progress Ranh & Sons Fet M Inc Shareholders Investors Co Common Sense Van

Finance houses open new offices in Circle Tower

Prince and Whitely and the Indiana and Kentucky district office of the National City Company open new offices today in Circle Tower. Prince and Whitely offer stock quotations and news service and have NYSE membership since 1878 with Indianapolis staff Kenneth L. Ogle as manager and H. Z. Gates as assistant. National City Company is led by Hugh Niven with eight securities salesmen in the Indianapolis office.

Prince & Whitely Indiana and Kentucky National City Company Circle Tower New York Stock Exchange Kenneth L. Ogle Indianapolis H. Z. Gates Hugh Niven

City in Brief Tuesday events and society notices

A calendar of meetings and gatherings includes Ladies Oriental Shrine convention and various luncheon gatherings across clubs and societies. Notables bound for Detroit for the Boys' Club national convention attend from Indianapolis, with speaking notes planned at the Columbia Club and Shortridge High School dinner event.

Ladies Oriental Shrine Severin Chamber of Commerce Owniveres Club Columbia Ub University of Michigan Lincoln North Side Exchange Club College Avenue Knights of Columbus C. Home Patriarchs Meeting Denison Rebekah State Assembly Indiana Funeral Directors’ Association Manufacturers’ Building State Fairground Thomas Cobb Herman Abraham English Avenue Boys’ Club Henry Cherry Lauten Club Detroit William Wertz Boys’ Club Association W. R. Allen L. S. Ayres Company T. N. Overly Better Business Bureau Foremen’s Club of Indianapolis Shortridge High School

Births Recorded at Local Hospitals This Month

The birth list shows boys and girls named Sullivan Griffith Freeman Gilliland Clark Dettlaff Morgan Schreifer Smith and Morton Marx Metzger Boersig Hanson Metcalf Marshall with parents at St Vincent's Coleman and Coleman belpert hospital entries. Notable locations include 1460 es 2134 Clay 2132 West Minnesota and 1811 North Arsenal.

Joe Winifrieda Sullivan Clarence Dorothy Griffith Clay Freeman Lucille Liddle Minnesota Lawrence Helen Gilliland St. Vincent's Hospital Avanaley Genevieve Clark Coleman Hospital Theodore and Marie Dettlaff A Are Margaret Morgan Belpert Lillian Schreifer Coleman Ospital Vairue Esther Smith Wane Ruth Pickering West David Clara Morton Jack Minnie Marx Charles Ruth Metzger Leon Edna Boersig James and Vanieta Hanson Coleman Ospine Anna Metcalf Coleman Hosmr Clayton Leoda Rayburn le Roy Fannie Marshall North Arsenal

Pir of Pagaro Acquitted in Murder Trial in India

The Pir of Pagaro, a powerful native chief, was acquitted today of murder charges in India. He remains jailed and faces five additional trials for alleged torture and beating of women in his palace, with a young witness describing near-fatal hardships.

United Press Arachi India Pir Pagaro India Home Rule Movement

District Librarians Meet in Paoli With Bloomington Speakers

A district librarians meeting will be held in Paoli Indiana on Tuesday with speakers Miss Bertha Asaby and Miss Ella Davidson from Bloomington.

Times Special

Deaths list includes multiple hospital deaths and conditions

The notice records numerous individual deaths with ages and causes across local hospitals including Methodist, St. Vincent, and others. Ages range from newborn to elderly, with causes such as acute encephalitis, myocarditis, toxemia, nephritis, gastroenteritis, arteriosclerosis, tuberculosis, vascular disease, pneumonia, cerebral hemorrhage, carcinoma, meningitis, epilepsy, cranial hemorrhage, and diabetes.

Joseph Srey Methodist Coomler North New Jersey Kiam Johnson Oo City Hospital Gareth Brosher Lewallen East Michigan William Jones East Vermont Henry Stumpf East St. Clair Es Ruskaup Dorman Charles Ee Methodist Hospital Ar Row Joncle Bertha Bolander South Keystone Benjamin Franklin Mosier St. Vincent's Hospital Ingle Olfe Long Hospital George Edward Switzer Riley Has Travet W. Milligan Eit Florander Ferguson

Ace Shot Highlights Riverside Golf Meet And Other Weekend Play

A Riverside golf weekend featured an ace by Fred Stolte on a 151 yard hole and high scores from Harrision Arnold and Ehlert as South Grove clubs won 59-43 over Coffin. Sarah Shank members reported strong turnout for a blind par event won by E McManamon, while Clayton Shorty impressed with a 76 before illness kept him from Sunday play.

South Grove Riverside Fred Stolte Stoke Daffer Stolte Harrison Arnold Ehlert Sarah Shank Thirtyfour E. McManamon Lot C. Emhardt M. Helton R. Corey L. Smith M. McIntyre S. Huber South Grove-Coffin Grove

Americans Trail in Golf Tourney at Sunningdale

In Sunningdale England May 19 the Hon H J Brownlow led after eighteen holes with 69 in the golf illustrated vase event. Four US Walker Cup players contended along with Douglas Fairbanks who shot 84. Americans include Dr O F Willing Portland 72 George Voigt New York 72 George Von Elm Detroit 73 Bobby Jones Atlanta 75.

Burnited Preas Sunningdale England H. J. Brownlow United States Douglas Fairbanks Dr. O. F. Willing Portland Ore George Voigt New York George von Elm Detroit Bobby Jones Atlanta Jones

Derby at Belmont Honours Lord Derby With Sansovino Handicap

Belmont Park hosts a Derby day feature named the Sansovino handicap in honor of Lord Derby. Sansovino previously won a derby for his lordship. Jack High, race debut of the season, is favored to win the main event.

United Press New York Lord Derby Belmont Park Jack High

Also Mentioned on This Page

Banks and Exchange Treasury Statement Ask Ity Natio Central Hanover Continental Corportest Aders Iy Or & Light Sec Mara Oil Ohio Chesa & Ohio Finois Central Central Paul Nid Gaion “Pacific West Paciae Geenral Elec Pullman Tits Westingh Air Westingh Elec Rubbers Fisk Sesso Goodrich Kelly Spreafid Goodyear Motors— Auburn Eeaesases Ee Chrysler Gardner Aseseees Hudson S Bendix Aviation Borg Warner Seee Briggs “ Ai Eaton Eves el Storage Sparks Stewart Warner Timkin Ro Am Metals Wee Ase Caleda Also Oe Cerro de Pasco Preeport Texas Granby Corve Howe Loun Int Nickel Inspiration Kennecott Cop Miami Copper Houston Pan-Amer Phillips Proi Sinclair Skell Stan Stand Fosil Mills Bethlehem Byers Cruc Steel Colo Fuel Ludium Midland Newton Repub I & Mis Steel Sumatra Lorilarig & Myers Terete Wees Oe See Ase United Cig Cece - On Utilities Adams Am_ Pwr Li Col Gas & el Com & Son el Pwr & Li Gen Gas A Intl T Nor Amer Natl Pwr & Li Mts Pac Gas Ose Se Pub Ser NJ United Cor Ut Pwr Wes Union Een Bor Earp United Fruit Am Sug TY Armour Hersey Nat Biscuit Safeway St Ltd Brands Ll Wari Cot Inc Agree Lehn & Pinkee Bush Ter Congoluem Amerien Ginet SR BuTnited Pittsburgh Rae Grate Ae Paeary Louisville Merchants and Manufacturers Securities Company Ernst & Ernst Arthur Greene Alabama Water Service Company Federal Water Service Corporation I. Miller & Sons, Inc United Press Land Maine Middle West Long Island Southern Bermuda Jersey Young America Pacific Cincinnati Leghorn and Orpington Sasis Wanda Carpenter North Alabama Street Bank of Germany California Oil World Canadian Pacific Bing Od Ahameda Lead Company Consolidated Goldfields of South Afri South African Gold Trust Amewanatee Trust, Ltd Irving Fisher Federal Electric Associated Oil Standard Oil of Santa Fe Youngstown District London Paris Sevel Italy Berlin United States Electric Power Corporation United States Electric Power Corporation Pure Oil Company Thermoid Company Califor Georgia New Colorado Arkansas Michigan Ronds Move Columbia Club Advertising Club Frank H. Parks Joliet, Ill Gerlach- Barklow Company Riverside Club Grandview Municipal Course Anderson Russell Stonehouse Riverside Pro Coffin Club Coffin Joe Hurley Clayton Shorty Pat Solf Clayton Harry Schopp Quigley Coffin M. Pollack M. Stone Wilkinson J. Kitzmiller J. Riley C. Boswell K. Trusty C. Higgs T. Pottage H. B. Smith Jack Snow Carl Smith J Siatlandr Colter Bad" Purcell M. Carlisle A. Dunham R. Snowdy L. Slinkerd Co. Reeves Ray Griffin H. Cork D. Mitchell G. Peterson Burns Mauones Dorsett Eee Wise Yivaugin King Ott Miller Geo Bradford Herma Olsen H. Benjamin Sana Seeee O'Haver Mathews L. Cookinghm Ralph Linder Ken Loucks R. Austrmillr Dr. Barnes A. W. Black Geo. Wagner Geo. Frank John Wiles Fred Salge Geo. Salge Jack Hayes W. Chapman Belmont Robert K. Tomlinson Investments Continental Bank Lin Oton East Market Street Riley Chicago Stock Exchange New York Cotton Exchange Chicago Board of Trade New York Curb Association
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