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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
May 22, 1930
Page
8
Wheat and corn futures surged late in the trading day as a firmer Board of Trade closed. Cash prices edged up with higher receipts and some export activity. Nebraska damages from Hessian fly noted amid southwest reports. Liverpool and Buenos Aires markets held firm.
Primary receipts list wheat 403000. do 619000. corn 382000. oats 276000. Shi Wheat 931000 and 621000 against 000. oats 457000. 7000 against 539000. Read as Chicago grain table figures with year‑over figures.
Groves asserts the Industrial Bankers, Inc. remains liquid with loans totaling 1.1 million for four months, 18,557 accounts outstanding, and only 214 overdue. Pilot Radio & Tube and Schiff Frande report rising sales and steady dividends. Scranton-Spring Brook Water Service posts higher annual gross and lower net. Edison Brothers and Greenwich Water note quarterly dividends and strong revenue. Generalator Works revises Class A stock dividend option to fund share purchases up to July 1931.
United Press reports cash grain closes in Chicago with No 2 red wheat at 1.0954 dollars and varied corn and oats prices across grades. Toledo listings show No 2 red wheat at 1.00 dollars, No 3 yellow corn 84 to 85 cents, oats 48 to 50 cents, rye 80 cents, barley 62 cents, and dairy and hay prices for timothy and clover.
DoE market figures show ranges for beef and calves with prices by weight. Cattle and hog categories listed with various weight classes and values, including lambs and roughs.
The market turned forward around noon as buying lifted prices from earlier lows. United States Steel slid to 166 1/2 before rallying, J I Case hit a yearly low then rebounded to 300, and utilities and oils mixed with small gains while call money steadied at 3 percent.
A detailed price list from Commission Row shows numerous fruits and vegetables with varying quotes. Apples include Baldwin and Stayman from $2 to $3.25 per unit. oranges Florida and California, lemons Fancy California and imported Messina. grapes Emperor California at $5.50. pears and berries with crate, dozen, or box pricing. vegetables cover artichokes to sweet potatoes with price per dozen, crate, or bushel across regions Texas, Indiana, California, Florida, and more.
Dow Jones items note dividends of 1.50 on second preferred and 1.75 on first preferred payable July 1 with record June 13. International Salt to vote June 17 on 3-for-1 stock split and rights at 36 per share. Various firms announce June dividend dates and stock splits including American Machine and Foundry and International Cigar Machinery. Federal data show gold inflow to San Francisco and steel output rises. Senate votes 46 to 27 on suspension of rail consolidations to March 4, 1931 under specified conditions.
Markets report varying prices for eggs butter cheese and poultry across Chicago Cincinnati Cleveland New York and Indianapolis notes. Key items include No 1 top quality eggs 20c delivered in Indianapolis, hens 20c, leghorn 17c, broilers 25c, turkeys 20c and ducks 22c in Chicago buyers. Butter wholesale No 1 42-43c, cheese American loaf 31-34c, Wisconsin firsts 27c.
Indian apolis hog market opened stronger with prices steady to 10 cents higher. Bulk hogs 160 to 250 pounds sold around $10.30 with tops near $10.35. Receipts about 5,000. holdovers 248. Cattle and sheep markets mixed. calves, weaners, and lambs noted with various steady or lower tones and receipts listed. Chicago hog receipts 27,000 with 5,000 direct. loads meeting $10.10 to $10.15 for 170–210 pound hogs. Cattle receipts 6,000. sheep 11,009.
Hogs receipts 27 000 with direct 5000 to shippers and small packers, prices up to 10.20 for 170 210 lb loads. Cattle receipts 6000 calves 3000, market steady to higher with fat steers best, 14.50 top, slaughter classes 11.50 14.50, cows and bulls varied. Sheep receipts 11000 with lambs and springers up to 10.25 and 11.65, regional prices listed for East Buffalo East St Louis Pittsburgh Louisville Cincinnati Cleveland and more.
Mayor Reginald H. Sullivan will speak at 8 p m Friday to the Indianapolis Federation of Community Civic Clubs at the Chamber of Commerce. The Real Estate Board luncheon honored thirteen past presidents at the Lincoln with President T E Grinslade speaking. Mme Starkow Ryder is a Kiwanis program attraction. Dr James A Crain discusses Prohibition at Central Christian church. Michael E Foley addresses home training and juvenile orders at YMCA. Eugene D Foley Jr and Carleton G Weiss elected to Phi Kappa Beta at annual Heyday. Paul Seehausen wins first prize for history teaching study. W R Garten to speak on welding at the Y M C A. A G Becker Co moves to Circle Tower. Paul Fisher, 36, recovering after a gas suicide attempt at home.
Indianapolis on May 22 reported bank clearings of 3 522 000 dollars with 6 181 000 debits. New York city reported May 22 clearings at 1 107 000 000 with a clearing house balance of 165 000 000 and federal reserve credit balance of 155 000 000. Treasury data show May net balance of 114 444 894 25 and customs receipts to date 32 808 896 16 with May 20 expenditures at 6 274 137 33.
The atmospheric conditions show a southwest wind at 11 mph and a barometric pressure of 30.07 inches. Temperature reads 73 degrees with unlimited ceiling and visibility at 10 miles. operational field conditions are good.
A list of outbound and inbound flights and passengers from Curtiss-Mars Hill, Hoosier and Capitol airports. It notes travelers from Indianapolis to Louisville and Chicago, and eastbound routes to Cincinnati and Philadelphia with names including Harry Ellis E F Van Hoesen Neal McCay W B Gero L Fraser and W Jarmon C G Schlosser Morris Floyd and others.
Washington reports the bureau of standards tested insulating cabin walls and found planes could be twice as quiet as a Pullman car. A second study on reducing noise at the source in engines and propellers is not yet finished.
Delegates attending the Ladies' Oriental Shrine convention were taken on sightseeing flights over the city Wednesday. Curtiss-Wright planes from Mars Hill airport carried pilots Charles E. Cox Jr. H Weir Cook and Earl W Sweeney during the event.
An exhibition glider used in the Curtiss-Wright air circus was towed to Columbus Wednesday behind a fledgling plane piloted by Leroy Lyman Voespel piloted the.
Building permits issued for numerous properties with owners and costs. O L Hamilton 317 East Forty seventh 800. Hughes 2349 Northwestern repairs 550. McGill 4363 Central dwelling 7500. Curtis 1217 St Peter repairs 259. W Jordan 702 North Gladstone repairs 259. Emma Lever 2146 Shelby garage 259. H A Welland 2154 Shelby garage 250. Andy Rittoffs 902 Arnolda 200. Grinsiede 5926 Winthrop dwelling and garage 3200. Calwell 5538 North Pennsylvania dwelling and garage 16000. Phoenix Lumber 5930 Crittenden dwelling and garage 4200. Stewart repairs 1017 North Miley 500. Hicks 1530 North Senate repairs 455. American Dew loading platform 1938 South East 16000. Mrs J Tet erbach reroof 2050 North Ala bere 225. M House 1053 North Traub repairs 1950.
Valparaiso Indiana May 22 The $500 bond of Mrs Freida Schussler convicted forty nine times in liquor charges in twenty five years was forfeited when she failed to appear for trial on a dry law charge. She recently completed a thirty day jail sentence and paid a $500 fine for dry law violation.
In Fairmount Indiana on May 22 a 13 year old Boy Scout named Max Clifford directed others to form a tourniquet to stop heavy blood flow after his arm was badly cut. His quick thinking and leadership helped control the wound before medical aid arrived.
Indiana Supreme Court rules against the Oakland City school plan and in favor of taxpayers in two suits. It voids a $50,000 schoolhouse contract with a realty firm for a 30 year lease, citing taxes exceeding constitutional limits. A companion case from Nappanee also ends in taxpayers’ favor after a rehearing petition denial.
Geologist Dr. Walter Jones reports 800 prehistoric graves in fifty four mounds along the Warrior river flatlands near Tuscaloosa. Finds include large stone pipes, effigy bowls, shells and beads with accompanying household and personal items connected to mound building Indians who farmed the Mississippi valleys.
In New York on May 22 the stock market faces reduced public participation and an indifferent mood. Despite bearish propaganda and bear pressure, recent liquidations have been limited, with professional traders driving volume and a strong technical position noted for the market.
Marriage licenses show Loring M. Cannon, 24, a line man from Muncie wed Nettie Lott, 18, of R. R. 12 Box 32. James C. Williams, 22, of 936 North Hamilton, a painter, with Sarah L. Lindley, 20, of 1249 Barth. Glenn B. Barge, 25, of Spencer, a salesman, and Elizabeth A. Remsen, 25, of 2551 North Delaware. George P. Boncher, 36, of 2014 West Morris, a clerk, weds Helen M. Koerner, 29, of 32 West Kelly. Joseph A. Schlegel, 49, of 430 North Meridian, a baker, with Ethel R. Lewis, 46, of Roosevelt hotel.
Births include girls Bernard and Roberta at 3538 North Illinois with Gant and Lucy Glass. Raymond and Martha Higgs at Methodist hospital. George and Zerida Hanser at 1101 Cenetennial. Lessus and Emma Hudson at 8152 Adelaide. Orell and Memie Fry at 1633 Arrow Nine. Ethel Stifer at Methodist hospital. Harold and Jessie White at Methodist hospital. Osa and Justine Harshman at Methodist hospital. Martha Higgs at Amur and Irene Wiley at 1739 Fletcher. James and Bessie Powell at 2063 Yandes. Twins Frank and Veoa Kollman at Methodist hospital, girl and boy.
A list of local deaths includes Charles Stone 63 of 2424 Central arteriosclerosis James Howard Day age 2 broncho pneumonia and other individuals such as George R Stransburg 32 acute nephritis Jebrel de Wilson 892310 Broadway cerebral energy Hattie Lorette Dagen 35 pulmonary tuberculosis Emma Bertha Thornferry 66 carcinoma and Mathilda Wallet 70 chronic myocarditis plus multiple addresses and hospital notes.
A fragment notes a sale or listing for May 2 at 1807 N Illinois St. featuring a living room suite and rugs along with several antiques and a piano. The text is partially garbled but shows a local notice of items available.
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