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Newspaper

Canton Daily News

Location

Canton, Ohio, United States of America

Date

Jun 08, 1929

Page

9

Market Wrap Shows Mixed Advances and Lifts in Key Issues

Stock action was irregular with many issues down amid light trading and profit taking. Rail, utility and motor stocks edged higher while Radio, Keith, Orpheum and Union Carbide advanced. American Locomotive led gains and Atlantic Refining held steady. United States Steel eased, Radio Corp slipped further, and Trico Products rose in quiet action.

Py Elmer C. Walzer United Press New York Stock Exchange Harrow Vances Ike Radio Keith Orpheum Union Carbide American Locomotive Schubert

Chicago Radio and Television stock slips at market opening

United States Radio and Television stock resumed its plunge at the Chicago stock exchange. After a 25 point decline yesterday the stock opened lower today with a first sale at 35, dropping to 26 before rebounding to 34 as trading began.

Chicago United States Chicago Stock Exchange

Ticker Talks shows mixed New York session with rails strong

Satur n's short session on the New York market was mostly bearish with few gainers including New Haven Railroad reaching a multi year high. Atlantic Refining led its group. American Power and Light hit a yearly high. utilities held a strong tone while industrials like General Motors and General Electric fell several dollars per share on light volume.

Otis & Co New York Saturn Atlantic Refining Public Utilities New Haven Railroad American Power & Light General Motors American Can General Electric Westinghouse Radio

Cleveland Produce Market Report June 8

Market notes show butter prices around 32 cents for extras firsts and 2% loaf eggs. Egg receipts reach 33,693 across firsts and seconds with firsts around 39 to 29 cents, standards steady. Poultry items include live hens at 34 cents, roosters 45 cents, and various other fowl prices. geese listed at 15 cents and ducks near 30 cents.

Sica Ees Rgm Roosters

Treasury Balance Washington June 6 Net Balance and Receipts

Treasury net balance on June 6 was 120 million 628 thousand 347 dollars and 48 cents. Custom receipts for the month to that date totaled 10 million 315 thousand 844 dollars and 52 cents.

Treasury Washington

Moody youth Linn dies in dormitory mystery at Haverford

Haverford College student Bramwel Linn was found shot in Lloyd's Dormitory in a case coroner Frankenfield calls possible suicide. A note given to a classmate, his farewell supper remark and references to Schopenhauer complicate motives. Inquest set for Monday.

United Perce Haverford Jme Bramwel Linn Haverford College William J. MacCarter Moody MacCarter Linn Superior Court William Lynn George ‘Frankfield Lynn Frankenfield Schopenhauer Robert M. Doughty Lloyd's Dormitory Doughty Wendell Blaneye Wayne Jack Hartmann York Ralph Atkinsongstein Ecg

Livestock Market Reports From Cleveland Pittsburgh and Chicago

Livestock receipts and prices are listed for Cleveland Pittsburgh and Chicago markets. Cattle calves and sheep rates vary with weights, with steady to lower trends noted. buyers eye market capacity and demand across regions.

Bank Clearings in New York Report Large Figures

Bank clearings in New York rise to over 1.3 million with a reported clearing house balance around 10,000,000 and reserve figures noted amid financial activity. The report compactly lists monetary totals and related reserve data for the period.

New York Une Mance Oon Teders’ Reserve Lance

Cotton Futures Open Higher on New York Market

Cotton prices opened higher in New York with gains across a range of contracts led by July and October positions. The market showed modest uplifts for December and March futures as investors reacted to early trading signals.

Coottos New York

New York Business Briefs Highlights Stock Issues and Industry Moves

United Press reports expect an early next week offering of 35 000 shares by International Neon Company formed to take over International Neon Corporation makers of neon sign lighting. Commonwealth Power Southeastern Power and Light and Penn Ohio Edison private stock offers withdrawn for New Commonwealth and Southern Corporation. U.S. sugar refiners total 2 121 000 long tons in January to June up from 1 840 000 tons last year. Studebaker unveils a new low priced 6 cylinder car $1 185 to $1 435. Baltimore and Ohio seeks IC approval to acquire 80 percent of Buffalo Rochester and Pittsburgh stock. U S Radio and Television cuts prices $10 to $30 to 39.95 to 119.50. Business failures last week 423 versus 488 prior year. Bradstreet notes steady activity with spotty distributive trade, and strong first half factory output.

United Press New York International Neon Company Capital Stock International Neon Corporation Commonwealth Power Corporation Southeastern Power and Light Company Penn- Ohio Edison Company New Commonwealth and Southern Corporation United States

Grain markets inch up on weather in corn belt

Chicago cash houses report rising corn offers as farm relief talks in Washington support values. Bad weather keeps demand firm. eastern buyers sell July and take September while cash houses reverse. Oats crop reports favorable and wheat quotes ease in Buenos Aires as oats and flax stay firm. Toledo cash grain closes with prices for Wheat No 2 at 1.23 to 1.24, Corn No 3 at 96 to 97, Rye No 2 at 1.07, and Oats No 2 at 50 cents, with hay and feed prices listed.

Buenos Ayres Toledo

Housewife Retail Meat and Dairy Prices Listing

A corrected price list from multiple market sections shows meat and dairy items with per pound and per unit pricing. Includes beef cuts like porterhouse and prime rib, pork products, lamb, and various sausages. plus dairy items such as Butter and Cheeses, alongside wholesale poultry prices and assorted produce.

Harry H. Dean Court Smokedham D. Csesereeree

Federal action targets misleading magazine ads

Washington reports the Federal Trade Commission has formed a three lawyer panel to hear 300 cases against advertisers of false cures and fat reducers. The agency moves at about two cases per day and expects to cleanse ad columns across magazines with publisher cooperation praised by commissioner W. E. Humphrey.

United Press Washington W. E. Humphrey Federal Trade Commission Commission Humphreys Humphrey Haraphtrey

Wreck Home Brew Supply Raid in Massillon

Police raided Mrs. Agnes Snyder at 227 2dst SW last night finding seven men drinking home brew. The basement held 470 pint bottles and 30 gallons of mash. all liquor was destroyed. Mrs. Snyder pleaded not guilty with bond set at 1200 for Wednesday hearing.

Massillon June Agnes Snyder Mantsch Krier Jack Burwell Snyder Place Clarence W. Portmann Snyder

Local residents facing fines and grand jury actions

Rudolph Milnac was fined 15 dollars for reckless driving. Russell Misch and Ralph Shannon were bound over to the grand jury on nonsupport warrants. Sam White and Christina Pete were fined for Crabbe Act violations. Paul Hillman bound over for assault with intent to kill. Willie Yancey fined for permitting gambling and was found with others shooting dice. Bill Gary charged with intoxication and suspicion.

Rudolph Milnac 13Th St Russell Misch Harrison Ralph Shannon High Grand Jury Sam White Broxham Et SE Crabbe Christina Pete 9Th St NE Paul Hillman Sherrick Rd SE Willie Yancey Cherry Av SE

Lineman Killed Near Marion Ohio

Roland F. Bischel 26 a lineman for Suburban Light and Power Co died after touching a high tension wire at Waldo 14 miles southeast of Marion Survivors include his father Jacob and two sisters Helen Graham and Ruth Raber Funeral Monday at 2 30 p m at his father W Beech ed residence in Alliance with Rev Ewald Sommerlatte officiating Burial in Alliance Cemetery

Alliance Roland F. Bischel Suburban Light & Power Co Marion Bischel Waldo Jacob Bischel Helen Graham Texas Ruth Raber W. Beeched

Lindbergh Trophy Collection Draws Big Crowd in St Louis

Thousands visit the Lindbergh trophy display at Jefferson Memorial as Col Charles A Lindbergh’s marriage and fame keep attracting women and girls in St Louis. Mrs Nettie Beauregarde, in charge of the collection, notes daily crowds remain large after the wedding.

ST. Louis, Mo Col Charlies A. Lindbergh Nettie Beauregarde Lindbergh Jefferson Memorial

Pens and ink spark long handwriting era

Last year the United States spent $1,445,573 for steel pens, $25,035,321 for fountain pens, and $6,094,315 for writing ink. J E Bowman of Canton Actual Business College notes handwriting endures. Public Utilities Commission moves bus hearing date from June 10 to June 25 due to Stark Electric Railway protest.

United States J. E. Bowman Canton Public Utilities Commission W. A. Oyster Sebring Alliance Stark Electric Railway Co

Gloucester Police Chief Van Meter Ends His Life

Chief of Police Charles J. van Meter, 60, of Gloucester New Jersey, died by suicide around 10 a.m. He was under pressure from a grand jury probe into alleged vice conditions in the city, according to Mayor David Anderson who called the death a murder by public persecution.

Gloucester N. J Charles J. van Meter David Anderson van Meter

Wool Market Advances in Boston and Western Wools

Western grown 64s and finer wools are sold in moderate quantities in Boston. Utah wools of this quality fetch 98 cents to $1, scoured, French combing wools around 95 cents, scoured. Northern California wools 90 cents or above. Texas 12 months wools slower with some sales at 95-98 cents, scoured, and 8-10 months wools at 93-95 cents.

United Press Boston Utah California Texas

Textiles Market Report Steady Prices For Mixed Yarns

The coarse yarn cloth market remains quiet with prices steady. In prints, 64x60s move moderately at 7.5 cents, 60x48s trade around 6.5 cents, 80 squares for June deliver at 10 cents, and 72x76s quoted near 9.5 cents.

New York

Foreign Exchange Closes Steady in New York

In New York on June 7 the foreign exchange market closed steady with little movement across major currencies. Traders cited stable rates and balanced demand as both buyers and sellers waited for clearer signals from upcoming economic data.

Prices to Farmers By Chie Butchers Milling Wheat

Prices to farmers reported by a butcher and milling firm include wheat at $1.10 per bushel and wheat No 3 at $1.09. Quotations for hay Timothy No 2 baled are listed with a price of 0.28 per unit. Poultry market items mention hens heavy and springers though text is garbled.

Chie Butchers & Milling Giscours Timothy

Best Apartments for Rent in Town Classifieds

Classified item lists T4 apartments for rent in town with brief descriptions and rent ranges. The notice emphasizes available units and location highlights for prospective tenants.

Scouts Parade Before Judges in Canton Massillon Event

The Canton Massillon Boy Scouts will parade Saturday afternoon as the opening event on the review program ending at Lehman High School. Twelve judges will inspect the events with seven Canton judges and five from Massillon. Twenty six troops form at 1:30 at the city auditorium then march to Lehman High for pup tent pitching semaphore signaling water boiling and first aid contests plus chariot races.

Canton-Massillon Boy Scouts Lehman High School Canton Herve W. Miner Canton Daily News George Schmacher James G. Graham William Ty Stutzman H. W. Benedict Thur

Foreign exchange opens steady in New York

June 8 in New York the market shows steady demand with sterling at 4.84, francs 0.03903, lira 9,523, Belgas 138,845, marks 0.2383 percent, with little change across major currencies.

New York Lira Belgas

Helen Wills to wear stockings at Wimbledon

In London June 8, American champion Helen Wills confirmed to the Evening News from Berlin that she will wear stockings at the Wimbledon championships. She said Wimbledon authorities might object to bare legs, and she has made a definite decision not to alter.

Ondon Wimbledon Helen Wills London Evening News Berlin Miss Wills Europe

Firpo Denies He Plans Comeback

Louis Angel Firpo, once a top contender for the heavyweight title, denies plans for a comeback under Charley Rose. He says no negotiations occurred and he will not return to the United States before next December. Firpo weighs 225 pounds.

AENOS

Hungary Defeats Holland in Davis Cup Quarterfinals

In Budapest Hungary led 2 0 over Holland after both nations played the first singles matches. Emerich Takats beat Henk Timmer 3 6 7 5 6 8 6 1 6 4 while Bela Von Kehrling defeated Artur Diemer Kool 6 2 6 1 6 2 in yesterday's action capping the opening singles.

Budapest Hungary Holland Emerich Takats Henk Timmer Bela von Kehrling Artur Diemer-Kool

English Team Wins in Bournemouth Quarterfinal Implication

England sealed a victory as J. G. Gregory and I. G. Collins defeated Louis Raymond and N. G. Farquharson of South Africa 2 6 6 3 6 2 6 1 for England's third win. Two Davis Cup matches scheduled between Great Britain and England today have no bearing on the quarter-final outcome.

Bornemouth Eng Great Britain England I. G. Collins Louis Raymond N. G. Farquharson South Africa

Griscom Cup Intercity Women’s Golf Match Leads Philadelphia

Players from New York and Philadelphia meet at Aronomink today for the Griscom cup intercity women’s golf championship. Philadelphia defeated Boston 10 to 5 yesterday and New York beat Boston 11 to 4 on Thursday.

Philadelphia New York Boston

Carey Watches Uzcudun at Hoosick Falls Training Camp

Willam F. Carey president of Madison Square Garden observed the training camp of Paulino Uzcudun the Spanish heavyweight in Hoosick Falls New York. Carey and a party of 30 arrived the night before as Uz cudun prepares for a June 27 bout with Max Schmeling in New York.

Hoosick Falls N. Y Willam F. Carey Madison Square Garden Paulino Uzcudun Max Schmeling New York Carey

Denmark Czechoslovakia Resume Davis Cup Play in Copenhagen

Denmark and Czecho Slovakia resumed quarter final action in the European Zone Davis Cup in Copenhagen on June 8 after rain postponed yesterday’s matches.

Copenhagen Denmark

Also Mentioned on This Page

Ajax Rb Co Allied Allis Can Co Can Co.136 136 % 13 136 Am Car Fdy 96% 100 Am 96% 77 Aa 7%, Am Home Loco S & RL Anacoa Cp Armour A Ll Armour le Ge Hig Atchisn Ry Ene Ate Barndall A Beacon Oil Beth St GR Can Pacific Ally St Ches Corp Chi & Ohio Cm&stp RI & P Chi Curtiss A Drug Inc Batn A & ‘S Elec P Xe & Lh Eng Pub Sr O Fleischmann Freeport Tx Gabriel Sbs Gardner Mo Gen Motors Glidden Co Goodrich Rb Graham Pag Owe Sound Hudson Inland Steel I Harvester Jordan Motz Kayser Kel Kenn Springs Kresge Co Open Hi Low Close Kroger Gro Lago Oil Iy Oh Y Lambert Co Lima Lo Loew's Inc Louis Oi Magma Ae Mallinson Co Marland Oil Alkali Nat Acme Nash Reg Bis NH & H North Amer Not Pacific Otis Steel Pacard Mo Pan Am B HO Para Fm I Park U Cop Saq Peerless Mo Penn RR Ae Phillips Pet Pierce Ar Postum Rly Radio Corp Rem Rand Ir & S Savage Arm Schulte Star Si Sears Roebne Shelly Oil Simmons Co Sinclair Oil Skelly Oil Sea Pacific Gas & E P R Sug L& S Elliott Union Pac U S Ind al Een U S Leather S Realty Venus Ss Rubber Us Steel West Mary West Union West Eloc Willys Woolf Co Go Ga Jal Timken Roller Bearing Central Alley Transite & Wil‘ams Timken Detroit Axie Reliance Manufacturing Louisiana Cities Republic Stamping & Enameling Chicago Board of Trade Leg- Soo Nee Cc Geese Pirrsy SR Br “2 Essep Ter R. V. Mitchell & Co Liberty Bonds Federal Land Bank Q&ly Australia Belgium Bolivia &S Brazil Canada Chile Graz &S Gb&l Italy Netherlands Norway Poland &S Queensland Toho Am Tel & Tel Anaconda Co Beth Steel Can Nor Ry Can Ches Coron Chile Copper Cbre CCC & St L Detroit Dodge Fs Cis Erie Fisk Rubber &S Gen Motors Ac Goodrich Goodyear Glos Grand Trunk Grand Trunk Ts Treat Nor Humble Oil Bell Tel Rcpaul Loew's Lville & Nash Minn St P C&st Y Edison Otis Steel &S Pac Tel & Tel Pan Am P & T Tte Etoe Republic T & S&s Seaboard A Shell UN U S Western Union Eer Wilson American Gas & Electric Cities Service Light & Traction Eereeer Electric Bond & Share General Baking Libby Owens Ford Fox Theater Rere Fokker Aero Checker Cab Mavis Bottling Mountain Ohio Salt Creek South East Power South Penn Standard Oil Indiana Stutz Motor Swift International UN Light & Power Gold Electric Continental Oil American Aviation Wniv Ayn DeForest Radio Cleveland Sane Allen Ind Amer Apex Elec Bessemer L & c Cleveland Railway Eover Elee Controller & Mfa Federal Knitting Mills Wirestone T&r Foote Butte Godman Co Greif Bros India Tire & Rubber Jaeger Machine Kaynee Vamson & Sessions Metro Pay Brick Oreee Eee Packard Packer Corp Paragon Refining Patterson- Eargent Tex Pilearns Motor Eee Eeere Thompson Union Metals Mts Wood Chemical Harry EB. Fife Sid American Ex. Bank Belden Rick - 150 Bonnet Company Buckeye Finance Ptd Brewster N Canton Assoc. Realty Citizens Build & Loan Canton Bank Canton Homesites Co. Nk Ae Morris Plan Securit Ces Ee First National Bank First Trust & Sav Cleveland Livespock Ealers Pittsburgh Anna Alvea Peers Tes Haifar Studebaker Corporation Baltimore and Ohio Railroad Company Interstate Commerce Commission Buffalo, Rochester U. S. Radio and Television Corporation Dun Bradstreet Chicago Grain Nick ‘Patituect Brussels New Cc. J. Crofts Sweitzer Wisconsin North Canton Wreck Home Brew Supply Bill Gary Braday SE City Zoning Board of Appeals Council Chamber Allegheny Regional Board New Castle Canton Chamber of Commerce Allegheny Regional Advisory Allegheny Regional Advisory Board R. Bruce Robinson W. A. Baum R. S. Welsh Charles T. Dougherty Court Av Market Av Mercy Hospital L. A. Ram Market Av N Albert Hubert 25Th St NW 18Th St NW John H. Whaler Shorbay SW George J. Markley Mineral City C.S. Bolender Goldberg Blk Market Av S Kagey & Wise Clark Wool Market Rwtaited Press Netemand Coles France Fjermany Switzerland Spain Czechoslovakia Russia Poland Finland Reece Massillon and Helen Firpo
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