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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 23, 1930

Page

21

Wheat Options Slump In Last Hour Of Trade

In Chicago on May 23 United Press reports wheat finished the day sharply weaker after a session of weakness. Spring wheat reports were generally favorable and profit-taking trimmed gains as bears stayed cautious. Corn and oats fell with wheat, cash prices unchanged, receipts mixed with 34 cars for wheat and lower bids for corn and oats.

United Preas Chicago Board of Trade Liverpool Buenos Aires

Stock Market Outlook Mixed As Tariff Talks Drag On

In New York on May 23 stock market action hinted at lighter federal reserve borrowings though the increase was trifling. Persistent professional selling did not scare holders and liquidity remained sparse. Brokers reported little liquidation and bearish players saw exhausted opportunities while awaiting tariff resolution and reparation financing. The tone suggested markets may begin discounting improving conditions once tariff disputes clear.

Thomson & McKinnon New York Federal Reserve Bears

Hogs and cattle market reports from Cincinnati and region

United Press field notes May 23 show hog receipts 300 with 2,150 direct held over and active butchers. Hogs 160 to 230 lbs mostly 10 cents higher. 260 to 300 lbs $10.50. light pigs $9 to $10. Cattle receipts 175 with steady calves at $9 to $10. vealers steady to weak, best $12. bulls $6.75 down. Sheep steady, lambs and ewes mixed. market cautious amid pressure.

United Press Cincinn. O Bul Nited Buffalo N. Y Burnited East ST. Louis Ill

New City Market Fund Proposed by City Market Association

The City Market Association proposes a New City Market Fund using revenue from the market to finance a future combined coliseum and market building. President J. F. O’Mahoney submitted a plan to abandon fall curb stands to create additional parking for patrons as the association advocates continuation of all day market on Tuesdays and Thursdays.

City Market Board of Safety City Market Association, Inc J. F. O'Mahoney

Sedative Kills Woman Actress in Chicago Overdose

Jean Farrell a 30 year old showgirl died in Grant Hospital after taking an overdose of sedative to calm nerves following a breakdown. Previously with the Rose Marie company she succumbed to the drug as authorities investigate the case.

United Press Chicago Jean Farrell Grant Hospital Rose Marie

Largest Indiana parking garage opens with 110000 square feet

The new Indiana parking garage at 147 East Market Street opens as the state’s largest. It features eight floors a basement and a roof for car storage with 110000 square feet of space and special inclines plus escalators for rapid service. The fireproof concrete building has a stone facade from Indiana Limestone Company and detailing by Henry Richard Behrens. Fred C. Gardner is president with William A. Atkins as vice president and Edward W. Springer secretary. The Meridian and Central Parking garages are operated by the same firm, with Stanley Lewis named manager.

Indiana East Market Street Indiana Limestone Company Bedford G. Ittenbach Company Indianapolis Henry Richard Behrens Fred C. Gardner William A. Atkins Edward W. Springer Meridian Garage Central Stanley Lewis

Fruit price list from Baldwin commission row

A fragmented market listing shows various fruit prices and crates. Apples Stayman and Winesaps range from 2.25 to 3.25 dollars per unit, boxes total 4424.50 dollars, Grapes and Lemons priced by region including California and Florida. Naval oranges and pears appear with multiple crate and dozen figures, indicating wholesale rates and crate counts.

Baldwin Stayman Orthem Ben Davis Wineco Avis California Messina Donken Florida Naval Valencia

California Artichokes and Veg Prices Across States

A fragmented price list for produce from multiple states shows artichokes at $1.25 a dozen in California, asparagus at 45c a bunch or $3.50 4 a case, and beans at $3.25 a ham per. Other items include cabbage $0.642 a pound in Texas, celery $4.75 to $5 a crate in Florida, cucumbers $31.65 a dozen for hothouse, onions from several states, and peppers, radishes, lettuce, and peas priced in diverse crates and bags across Indiana, Texas, California, Florida, and more.

California Georgia Texas Louisiana Indiana Florida Bermuda

Dow Jones Summary of Bank Mergers and Dividend Declarations

Directors from First National and American Traders National banks plan a merger under First National with resources over 72 million. Louisville Gas and Electric names directors H. Cummins Victor Emanuel and Louis Seagrave, replacing three others. First National Stores declares quarterly dividends 6 242 cents on common and 1 75 on preferred payable July 1. Crown Zellerbach pays 25 cents per Sommnoe share. Ralph Budd to sail May 30 for Russia to survey railways for soviet. Hahirshaw declares 25 cent dividend payable July 1. Kentucky Utilities reports after tax results and two-year trends. Jersey Central April income 419,383 versus 695,594 in 1929. four months 1,974,930 vs 2,566,307. International Railways of Central America April fixed charges 859,209 vs 411,188 in 1929. Fed Reserve board May 21 condition statement shows open market bills holdings up 15.8 million. member deposits down 5.2 million. notes down 12.2 million. American Beet Sugar reports net income 320,000 for year to March 31 vs 528,229 prior year. London New York cables at 4 863 32. Paris checks 4 865 32. Italy 92 725, Berlin 20 37. American Home Products dividend 35 cents monthly payable July 1, record June 14. General Railway Signal dividend 1 25 common and 1 50 preferred, payable July 1, record June 10. April fabricating steel orders 46.6% capacity, down from March and April 1929.

Myers Id Bait & Ohio Ortiln Utilities— Bowes Wes Ee del & Hudson Pwr Illnois Central Pacific P Pwr & No Amer Co Ee Vee Pennsylvania — A Pac Gas & Ve Ee Pub Ser Southern Ry Cal Edsion Wee St Paul G & el Ee St Paul United Corp Wave Oe Ut Pwr &Lla West Union Tre Heaseeee Oe Shipning Nv Maryland Intl Tee United Fruit Am Car & Fdy Armour Se Am Locomotive Childs Co Eae U S Union Ind_Alco Saa ‘O Marmon Assoc Dry Gimbeley Packare Ty Kresge Studebake Ae Mont Ward Crosley Radio Hayes Jody Eastman Kod Houwares Fox Film A Grigsby Gru Loews Inc Stewert Wasee Ee Cone Mining Schubert Metals i Warner Bros Cal & Eca Congoleum Cerre de Pasco Freeport Texas Ats Curtiss Wr Granby Cor Gillette S Great Norre Howe Soun Az U S Leathe Kennecott Magma Op Miami Copper Texas Gu Wee BNU Amerada Am Republic Barnsdall Ad Fan Trouston Indil Eeeseeers Tsais Pan-Amet Phillips Oll& G Royal Dutch Simms P Sinclair Kelly Texas Co Union Oil Am Roll Bethlehem Go's Byers Lolo Fue Tie Steel Ludium Bale Au “Iclani Awny Newton Repub I Bes Vanadium Youngst 8 & W Sumatra

United States Steel Leads Stock Rise In May Market

The thursday stock session saw a broad advance led by United States Steel hitting a new high around 171 1/2. Industrials and utilities rose with notable gains in American Telephone and Telegraph General Motors and General Electric while rails held firm.

United Press New York United States Steel American Telephone and Telegraph Radio Corporation General Motors American Can General Electric Westinghouse Electric A. M. Byers United Piece

Bank and Treasury Balance Reports Across Cities

Indianapolis reports Friday May 23 debits of 2 936 00 and total debits 6 997 000. New York InK notes May 23 bank clearings 1 005 000 00 and clearing house balance 169 000 000. Treasury Washington May 23 notes May 21 balance 11 910 783 71 customs receipts for month to that date 33 821 776 96 and government expenditures May 21 5 682 948 70.

Indianapolis Indianapolis Bank Learies New York United Press Ink Clearing House Federal Reserve Bank Treasury United Press Washington The

Markets Echo Varied Farm Prices Across Cities in 1930 Report

United Press rounds up farm market prices from Indianapolis Chicago Cleveland and Cincinnati. Eggs and poultry show mixed values with No 1 top quality chicken and Leghorn prices, butter and cheese quotes, and potatoes and tomatoes listed by region, including Long Island Maine and Wisconsin stock.

Indianapolis Kingan & Co Wisconsin Wien Lore Ummberger Byrnited Chicago Idaho Russell Southern Bliss

Loans Rise as Banks Report Higher Balance in May

On May 21 reporting Federal Reserve member banks in New York City increased loans to brokers and dealers by 8 million, lifting total loans to 4.015 billion. Comparisons show 4.074 billion two weeks earlier, 5.565 billion a year ago, and a record 6.804 billion on Oct. 2, 1929.

United Press Washington Federal Reserve New York City Federal Reserve Board

Boulevard Sign Ban Is Ordered

Unsightly wooden and cloth signs along city boulevards have been ordered torn down by the park board. Many property owners along Meridian street Capitol avenue Maple Road boulevard and other streets have disregarded the park board ruling that signs be erected only after receiving park board permits. J. E. Perry park engineer was ordered to check the lighting system along boulevards to eliminate surplus standards. Walter R. Spencer's plea for concessions in city parks for miniature golf courses was denied. E. H. Dolby builder asked permit for a filling station at southeast corner of Central avenue and Thirty-eighth but was advised to submit plans to the city plan commission first. The site is zoned for residential use.

Meridian Street Capitol Avenue Maple Road Park Board Jackiel W. Joseph J. E. Perry Walter R. Spencer

Census workers push to finish Indianapolis population count

Census workers race to complete the Thirteenth ward and recheck several wards to remove errors. City total is projected near 360,000, about 45,000 higher than 1920. District enumerators are urged to provide final figures quickly as several townships remain incomplete.

Indianapolis

Lease Will Permit Office Construction Near Downtown

A ninety nine year lease for 240000 funds enables destruction of an old residence and construction of a two story office building in the near downtown business section. John E. Hollett, attorney for the lessors, announced the deal between Dr. Louis Runnels and Mrs. Margaret Runnels of 121 East Thirteenth Street and the Allegheny Realty Corporation. The lessee will lease the building to Metro-Goldwyn-Mayer motion picture interests.

John E. Hollett Louis Runnels Margaret Runnels East Thirteenth Street Allegheny Realty Corporation Metro-Goldwyn-Mayer Motion Picture

Olga Edwards Holds $100,000 Trust Fund Again

New York May 23 Olga Eide Edwards was in possession again today of the $100,000 trust fund set up for her by Nathan L. Amster railway financier in 1927. The award by Justice Aaron Levy ends six months of criminal and court litigation in which Amster and Miss Edwards were involved. She recently stood trial on an extortion charge and also has custody of her 6-year-old son.

United Press New York Olga Eide Edwards Nathan L. Amster Aaron Levy Supreme Court Amster Miss Edwards

City men meet Hoover in White House luncheon

R. W. Spiegel of Continental National Bank along with attorney Oren S. Hack and George Sonnich from Indianapolis were presented to President Hoover on Thursday in Washington. They were luncheon guests of a Congressman during the visit.

R. W. Spiegel Continental National Bank Oren S. Hack George Sonnich Hoover Washington Dispatch Indianapolis

Rugs Stolen From Mooshy Store on North Meridian

Thieves looted the Mooshy store on North Meridian taking oriental rugs valued at 1360 dollars. Police were notified today about the burglary.

North Meridian

Porker Trade Sells Upward at City Yards

Hog prices rose at Union stock yards with 20 cent gains across classes. Bulk 160-300 lb hogs brought 10.40 to 10.50, top at 19.50. Receipts about 5,500 head, holdovers 302. Cattle steady, wealers 12, calves 900. Sheep soft with spring lambs at 12.50. Chicago hogs 20,000 receipts, 6,000 holdovers, better to shippers 15-25 cents higher. Cattle 2,000, sheep 13,000.

Union Stock Yards Chicago

Portago Hog and Cattle Market Report May 23

Portago market shows hogs strong with direct sales rising 10 to 25 cents. top hogs at 10.40 for 179-210 lb range. Cattle receipts 2,000 with fed steers and vealings up 25-500+ over last week. varied weights pricing from 7.50 to 14.50 per 100 pounds. Sheep receipts 13,000. lambs and fat lambs steady to 25 cents higher, with several price bands noted across weights.

Bass Signed for Pierson Tilt on Legion Card

Johnny Bass and Bobby Chick of Cincinnati are signed for the final Legion indoor boxing card at the Armory Tuesday night in Indianapolis. Bass meets Roy Pierson in an eight rounder as part of a triple windup, with Chick facing Paul Palmer of Anderson in a six round welterweight bout. Other matches include Willard Brown versus Red Holloway, Georgie Nate returning after a hand injury, and Roy Blankenship versus Frank Gierke.

Johnny Bass Bobby Chick Cincinnati Legion Armory Bass Roy Pierson Chick Paul Palmer Anderson Willard Brown Indiana Red Holloway Indianapolis Georgie Nate South Bend Scotten

Heavies Set for Three Battles on Cable Bill

Heavyweights lead the boxing card at Cable Tabernacle next Wednesday. George Cook of Australia faces Chuck Wiggins of Indianapolis in the ten round feature. Others include Billy Rhoades of Southport vs Chuck Ewing of Terre Haute in six rounds, Billy Meyers of Indianapolis in a four rounder, Tiger Jack Purvis of Kokomo vs Jim O'Duffer of Springfield in six, Jimmy Dale of Decatur vs Don Barnett of Fort Wayne in six, and welters Frankie Carbone of Fort Wayne and Jimmy Reynolds of Fort Harrison in four.

Cable Tabernacle George Cook Chuck Wiggins Indianapolis Billy Rhoades Southport Heavy Chuck Ewing Terre Haute Billy Meyers Tiger Jack Purvis Kokomo Jim O'Duffer Springfield Jimmy Dale Decatur Ill Don Barnett Ft. Wayne Frankie Carbone This City Jimmy Reynolds Harrison

Semi-Pro and Amateur Baseball Notes from Sunday Games

Baseball notes cover Sunday events across leagues. Orioles announce infield and outfield lineups for Mohawk Indiana with players Kuittie Neeley Cohn Rosebrack Geiss Stewart Davidson Willnte Thompson or Sharrick on mound. Christamore Midgets seek a Sunday game for under seventeen. Question Marks of Sacred Heart and Sexson Brothers practice game at Garfield with Coalmen winning by one in eight. other municipal league games feature St Patricks vs rookside, Sexson Coal vs Y.M.C.A., P and E railway team planning entry in Capitol League, Union Printers vs Drop Forge, Crown Laundry vs Brookside, and more.

Orioles Mohawk Ind Union Street Kuittie Neeley Cohn Rosebrack Geiss Stewart Davidson Willnte Thompson Sharrick Ossie Kelso Sacred Heart Sexson Brothers Garfield Coalmen Holy Trinity Wuensch

Walker Seeks Title In Detroit Bout With Belanger

Mickey Walker world middleweight champion meets Charley Belanger Canadian light heavyweight in a ten round feature in Detroit. Walker heavy favorite and would be recognized as Canada light heavyweight champion if he wins.

Setroit Mickey Walker Charley Belanger Walker Canada

French Wrestler Henri Dig Lane Defeated by Sonnenburg

Boston May 23 Henri Dig Lane French heavyweight wrestler was defeated by Gus Sonnenburg here Thursday Sonnenburg won the first and third falls while taking the match in two of three falls in the bout at the arena with crowds watching closely for the outcome

Boston Henri Diglane Gus Sonnenburg

Colorado high schools vote for intersectional athletic meets

Chicago on May 23 reports Colorado high school principals backed intersectional athletic meets for prep schools by 63 to 29 per a Chicago Tribune poll. The result signals support for cross district competition among Colorado prep teams.

United Preas Chicago Colorado Chicago Tribune

Births of Boys and Girls Across Local Families

A listing of newborns includes Arthur and Margaret Baker at 2750 Allen and Joseph and Margaret Brosnan at 27 North Warman. Other births noted to families such as Robert and Gertrude White at 448 North Agnes and James and Rose White at 2407 Martindale. Additional entries mention Henry and Edna Taylor, 2217 Martha. Wilbur and Sarah Burton, 1211 Lafay. Raymond and Jeanette Purdue, 844 West New York. Norby and Una Holder, 1208 East Tenth. Bat Roy and Stella Holstein, 1425 South ate. William and Hester Bain, 1605 Willa oth. Edna Williamson, 407 South ural sie and Beulah Se Methodist hos eo. Maura Mattox, 1220 Holst. Guert and Margaret Leonard, 337 South paler. Pearl McConnell, 1039 North ing. Ben and Clea Duvall, 412 East South. Doc and Alice Brittain, 2114 Martindale. pas and Mary Bates, 129 West Four enth. Dee and Louise Beidelman, 702. Benjamin and Nella Alverson, 1716 North Pennsylvania. Carl and Flossie Cogswell, 1932 Ralston. William and Ethel Flefker, 1687 South State. Jesse and Laura Priest, 1518 North Rural.

Arthur Margaret Baker Allen Joseph Margaret Brosnan North Warman Robert Gertrude White North Agnes Ane Nellie Madden Martine E. James Rose White Martindale Henry Edna Taylor Martha Wilbur Sarah Burton Lafay- Raymond Jeanette Purdue West New York Norby Una Holder East Tenth Bat Roy Stella Holstein South Ate William and Hester Bain Willaoth Edna Williamson South Ur Sie William and Ethel Flefker South State Jesse and Laura Priest North Rural

Local Death Notices and Causes in City Records

A stream of brief death notices lists names and ages with causes including cerebral hemorrhage arteriosclerosis meningitis and chronic myocarditis. Several victims are linked to hospitals such as city hospital and Methodist hospital with addresses on North Pennsylvan ia Massachusetts Blake and Garden Streets.

Etta Bond Bland North Pennesylvania Sylvia Kirby Massachusetts da M. Loucks City Hospital Orville E. McGathy Joseph Milton Harold Wallis St. Vincent's Gussie Gardner Easter Daniel Blake Charity Robinson North West Jane Bassett Methodist Hospital Luia B. Brummett Ernst Wurster North New Jersey Andrew M. Denniston Garden

Building Permits Listed For Local Structures And Costs

M Clark applies for a garage at 114 South Gladstone for 200 dollars. J J Keach and Co repairs at 112 South Delaware for 500 dollars. Emma Davis constructs a garage at 415 North Sherman Drive for 250 dollars. B F Kibbe plans a dwelling and a garage at 2090 Riverside Drive for 5000 dollars.

Co. M. Clark Gladstone J. J. Keach & Co Delaware Emma Davis Sherman Drive B. F. Kibbe Riverside Drive

Monument erected to ex residents in memory of Reynolds couple

Delegations from the Baltimore & Ohio Veteran Employes Association West Indianapolis lodge 669 F and A M and O E 5 chapter travel to College Corner D Sunday to dedicate a monument for former city residents Mr and Mrs Arthur H Reynolds Reynolds was yardmaster for the B and O here and Mrs Reynolds headed the veterans women's auxiliary Both lived at 118 North Belmont avenue He died April 21 1929 and his wife died in February of the same year

Baltimore & Ohio Veteran Employes’ Association West Indianapolis College Corner Arthur H. Reynolds Reynolds Baltimore & Ohio Railroad Veterans’ Association West Side Oo. E Belmont Avenue

Also Mentioned on This Page

Chicago Grain Table Bu Times Snevial Bited Press Receita i Ask Amer Central Life Ins Co Belt ‘& 8 & Yds Co Bobbs-Merrill Co Ce Hook Drug Co Ind Hotel Co Claypool Indiana Hotel Co Indiana Service Corp Indiana, Lis Gas Co Indpls Ower & Lt Co Interstate P Northern Ind P Northern Ind Pub Progress Laundry Co Ra Ranh & Sons My Inc Shareholders Investors Co Btencara Oil Co Citizens Gas Co Citizens Street Gary St Ry Wayne Ind Northern Trac Ry & Light Co Indiana Service Corpn Power & Light Co Indiana Union Trac Co Col & Co Col & Co Trac Indianapolis Gas Co Eee Trac Art Rania, T Co Indplis Tndo North Western Co Trac Ter Co Indpis Union Ry Ae Joo Indpis Water Co Indpls Water Co Indpls Water Co Co Lieu Oreast Tree Co Tyrac Light Union Trac of First National American Traders National Banks of Birmingham Louisville Gas and Electric H. Co. Cummins Victor Emanuel Louis H. Seagrave George H. Harries Philip S. Porue I. H. Thurman First National Stores Crown Zellerbach Corporation Ralph Budd Great Northern Railroad Russia Hahirshaw Cable & Wire Corporation Kentucky Utilities Company March Jersey Central International Railways of Central America London Paris Maverdam Italy Bernin American Home Products General Railway Commerce Department Ask Chase National Caescee Tee Ie Equitable Sam Guaranty City Isa Ame Bank of United States Central Hanover Chemical Weteee Manhattan & Compa Bankers +éee Chatham Phenixn Irv West J. I. Case Fadioeith- Orpheum American Tobacco United Aircraft United Cigar Stores United Stores Banks and Exchange Bultnited Press New. York Middle West Long Island Maine Long Iland United Jagee Cleveland Sts Mountain Cincinnati O Ask. Am First Investment Corporation No Am Trust Sha Yeaders Power & Pant Reybern Stenderd Oil Trust S W Straus Amer Sheres Frustes Ltd Oil Sh Sheres A Elec & Power Shares City Crain Sic Public Service Corporation of New Jersey and Subsidiaries Triitons Milwaukee. Wis Unit Corporation of America Public Service Corporation of New Jersey Pittsburgh Aldred Investment Trust Olga Edwards Spiegel Hack Sonnich Ludlow Santil de Techoles Josventa Siam Stags Severou James T. Hamill & Company Brokers Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb Continental Bank Riley Wiley Pierson Tilt Heavies Christamore East Side St. Patricks Rookside Brookside Sexon Coal Nine Garfield No. 3 Y.M Crare Sexson Hutchinson Eaton Miller P. and Union Printers Drop Forge Rhodius No Crown Laundry Brookside No U. B Castleton Riverside No Pals West Havens Royalton McClellan Sherman L. Lee Pitzer Weddel Roger Hoffman Collins Boswell Wetherald Walls Zinkard Beedle Kenneth Majestic Longacres Layden Gus Diglane Ohio Central Ind. I Newton Todd Fletcher American Company
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