27 Sep 1929
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 18 articles. Subscribers can read the full text of each article.
Newspaper
Indiana Evening Gazette
Location
Indiana, Pennsylvania, United States of America
Date
Sep 27, 1929
Page
1
The passage Psalm 91 opens with assurances of protection under the Most High and assurances of deliverance from peril. It closes with a note compiled by the Bible Guild and a brief mention of tomorrow’s schedule featuring Frank G. Allen, governor of Massachusetts.
Figures show banks drew in 22 million for themselves and 21 million for out-of-town correspondents, totaling 48 million, while others including investment trusts and corporations added about 234 million in loans. The shift suggests strong holders are selling stocks to lend at 8 to 10 percent, betting higher returns than buying stocks at current prices.
The article notes investors flocking to stocks as prices fall 24 to 60 points from yearly highs. Margin borrowing rises, reflecting increased broker town figures. Analysts warn the public may be laying groundwork for a beat campaign against the market, yet say the public has not bought at the top and resources are strong for potential weathering in late 1929.
U S business evidence points to peak nine months with high metrics across air mail volume radio advertising magazine and newspaper ad spend and growing mail order and chain store sales. Electric power output rises across industries while gas and electric companies post higher gross earnings though electric railways dip slightly.
The report states gains of 4.13 billion and 7.68 billion in seven months, up 13 percent and 644 percent. Employment and wages rose while job applications fell except in some western states. Foreign loans slumped 62 percent to 616.4 million, likely the war era low. Business failures declined about 6 percent in seven months.
Georgia continues to report a suspended railroad operation as swollen streams threaten South Georgia. Weather cues show rising waters across the region with upper South Carolina also menaced. Four cavalrymen narrowly escaped near Columbia, South Carolina, when a red overflow swept them from horses. They clung to tree tops for hours until rescue boats arrived. A dozen horses drowned.
Circling storm in the West Indies may miss Cuba as meteorologists say Havana faces no imminent threat. The hurricane appears stationary with a westward shift giving hope it will move toward the Bahamas, while Nassau’s wireless contact remains uncertain. The Laconia reports all well despite the danger.
Tropical storm that swept the West Indies re curved southward and may miss Florida. Officials warn Keys and vessels to brace for gale winds while Miami watches as the Laconia reports barometer readings near the storm center. The general forecast suggests the worst danger has passed.
Syme shouted that the case against Earle Peacox was framed as he addressed jurors. District Attorney Frank H. Coyne was not a party to the alleged frame up, Syme added, showing theatrical flair. He argued Peacox did not premeditate the crime and turned to Mrs Catherine.
The page lists 1972 market quotes across many firms led by Allegheny Corp Am Can and Albany W Paper with mixed gains and losses. Major names include Atlantic Ref Chrysler Calumet Hecla and US Steel, with prices shown as percentages and a line noting Quotations Furnished By Hemphill and Noyes Co Indiana Theatre Building. The closing line provides the furnishing source and contact.
In a tense trial scene Peacox's mother pleads and weeps while Syme accuses officials of framing him. Frances Newman, a Broadway hostess tied to the case, admits manipulation and testifies about threats to Dorothy and his wife. Newman plans to quit dancing, awaiting fate with $500, the last pay from her confinement as a witness.
Defense attorney Coll denounces Commonwealth witnesses and attacks star witness Higgins as a bootlegger while defending Lyster Watts and Slapskis in the beating death of Borkowski at Imperial Pa. Prosecution witnesses Patterson and Higgins recount the alleged brutality as Coll echoes defense theories and questions why Borkowski was moved to the barracks.
Harrisburg reports the Bureau of Motor Vehicles will start mailing M30 automobile license plate applications on October 1. A special three week push has prepared thousands of envelopes to speed delivery. Postoffice rules require town or city applications be batched before mailing, aided by retired railway mail clerks. Owners who moved without notifying the bureau may miss an application unless the post office forwards the change of address.
In Indiana County, Robert King, 50, of near Leechburg, faces a murder trial for the death of 71 year old Emma Thompson in Salisbury on June 15. King was jailed June 21, arraigned by a grand jury, and is held on $100,000 bail as federal marshal custody continues. Judge J N Langham will preside with L Earle Miller as prosecutor, death penalty sought.
Reporters chased former premier Clemenceau to St Vincent as news spread he was ill. The Tiger, seen at his cottage on the Vendren coast, insisted he was not dead and refused interviews while he relaxed at home, writing memoirs, helping the gardener, and strolling to chat with locals.
Telluride, Colorado bank president Charles Pelos Waggoner pleaded not guilty to six counts of using the mails to defraud during arraignment before Federal Judge T Blake Kennedy. Trial set for October 4. Plea entered on counsel Ellwood M. Kennedy's advice.
Pastor Hulbert H. Marvin of Rich Hill announces an eight night revival at Spruce Grove Church starting Tuesday evening October 1. Evangelist will be Rev. W. H. Marvin, president of the Allegheny Conference of the Wesleyan Methodist Connection, who will also conduct quarterly meeting services for the charge on October 6. Rich Hill services with evangelist J. C. Clinefelter closed last Tuesday night. A sequel evangelistic sermon in Rich Hill church is planned for Sabbath September 29 morning and evening.
Mrs. Sarah St Clair returned home to Latrobe after visiting her son and daughter-in-law in Punxsutawney. Local and visiting professionals, including county welfare worker Miss Agnea Stadtmiller and Detroit and Natrona residents, were seen in Indiana area courts and social circles. General Sullivan events linked to Zamboni Transfer and Trucking Company were noted alongside several court and visiting activities in Indiana and surrounding towns.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.