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This newspaper page contains 32 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 02, 1928

Page

2

Market Climb Mixed as Banking Pressure Shapes Early Trading

Uncertainty over brokers loans fuels irregular early stock trading with declines among Montgomery Ward and several rails. General Motors slips while Union Carbide and Sears Roebuck rise modestly, and oil stocks stay in demand as markets await the Clearing House meeting.

United Press New York Montgomery Ward General Motors Union Carbide Burns Brothers Sears-Roebuck American Telephone and Telegraph International Nickel United States Steel Radio American Can Frisco Wall Street Journal Financial Review Today Federal Reserve Review Clearing House Association

Bank clearings and foreign exchange reports

Indianapolis bank clearings totaled 3 939 000 with debits of 7 661 000. New York reported 1 473 000 000 in clearings, a 141 000 000 balance, and a 126 000 000 Fed credit balance. Chicago posted 122 200 000 in clearings and a 10 700 000 balance. Foreign exchange opened steady in New York with quoted rates for sterling francs lira bel marks.

Indianapolis New York United Press Clearing House Federal Reserve Bank Chicago

Federal Reserve notes tighter credit signal for market

The article argues the Fed’s blunt credit assessment shows member banks overborrowed and underheld investments. It warns that easy money backing an uptrend is unlikely, urging investors to use current market strength to reduce long stock positions.

Thomson & McKinnon New York Fes Rve

Building Permits Listed for Various Dwellings and Additions

A list of building permits shows numerous dwellings garages repairs and alterations across multiple streets including 936 Berwyn 1624 Park 1409 N Drexel and 631 Bellefontaine. Values range from 200 to 25000 with actions such as additions garages and repairs noted for property owners like Goldberg Wells Brion and Johnson & Borenes.

W. Bleverith C. Garland Ridgeview Cradick Minerva Brion N. Bancroft Pace R. eRynolds S. Rural E. Lawrence Castle R. Dillon N. Holmes Swift W. Fifteenth J. H._Fulk Watson Rd Cc. F. Garisted Burdsall Parkway Piethreanere J. Ner Woodlawn Ee Yelling

King Alfonso Leads Search for Missing Yacht Azara

In Santander Spain on August 2 King Alfonso took charge of a large scale search for the American yacht Azara, missing since leaving New York on July 7 to cross the Atlantic. He asked for any information to be reported immediately and ordered a vigilant watch be kept.

United Press Santander Spain Alfonso Azara New York Atlantic

Bandit Robbed Stores Leaving Cards Signaled by Lonely One

A bandit who has robbed twelve stores in Waukegan Illinois recently left a card signed The Lonely One in each site and complained to a newspaper reporter that he was not getting proper treatment.

Waukeegan Ill

Higher foreign market lifts Chicago wheat higher

Stronger Liv e cables prompt a slight advance in wheat on the Board of Trade. September corn remains firm, oats rise modestly, provisions ease. Wheat dips to seasonal lows late Wednesday with bearish sentiment at close amid warm Canada weather and heavy rains in Iowa.

United Press Chicago Board of Trade Today Canada Northwest Iowa

Propaganda Guard Policy Sought for Public Schools

A committee of ten educators will be selected this month to draft a policy to shield public schools from propaganda by special interests. Dr J W Crabtree of the National Education Association announced the plan following FTC disclosures that public utility groups circulated school pamphlets. The association adopted the resolution at its Minneapolis convention. Dr Vel W Lamkin expects to join Washington soon and the committee members will be announced then.

Times Washington J. W. Crabtree National Education Association Federal Trade Commission Association Minneapolis Vel W. Lamkin Crabtree

Fragmented list of couples and addresses from a hospital note

Readable fragments show pairs of names with street addresses and hospital mentions such as St. Vincent's Hospital. The text mixes first and last names with several apartment and street references, ending with a cluster of pairings and a stray “girls” as a final word.

Notable Local Deaths Listed With Ages and Causes

A series of obituaries notes the deaths of Everett Neville 38 at Methodist Hospital from acute nephritis Agen M Briney 11 at 1427 College influenza Paula Vernell McClain 6 months at 3601 W Twelfth ileocolitis F Del B meet 91 22 N Bolton cpeoaesy thrombosis Pauline A Hastings 39 803 N DeQuincy peritonsilar abscess Lester Levy 38 919 Bradbury bronchopneumon Fannie White Mi 346 W Tenth car cinoma.

Everett Neville Methodist Hospital Agen M. Briney College Paula Vernell McClain W. Twelfth F del B. Meet N. Bolton Pauline A. Hastings N. DeQuincy Lester Levy Bradbury Fannie White W. Tenth

Sugar Futures Open Higher On New York Markets

Sugar futures opened higher in New York with September at 2.20 up .03 and December at 2.35 up .03. January 2.36 up .02 March 2.41 up .03 May 2.48 up .02 July 2.55 up .01.

Bu Times Chicago United Press New York

Women Political Rally Plans and Invitations Highlight Indiana Talks

Albert Stump Democratic nominee for U S Senate will address Sullivan County Democratic women in Sullivan Indiana Friday afternoon. He will also speak to Allen County Democratic women at a rally next Wednesday sponsored by the Allen County Women’s Democratic organization. Frank C Dailey gubernatorial nominee has been invited to address the fifty seventh old settlers reunion of Clay and adjoining counties on September 1.

Albert Stump United States Sullivan County Sullivan Ind Allen County

Woman fakes suicide to spur husband kindness

In Fort Wayne Indiana August 2 Mrs Gladys Hardy 23 mother of two drank from a drug labeled bottle in her husband’s presence saying she could not bear to live with him. He called an ambulance but she refused hospital claiming the bottle held only water and that she acted to prod him to be nicer.

Times Special FT. Wayne Ind Gladys Hardy

Wholesale Market Prices for Butter Cheese and Poultry

Market notes list wholesale prices for butter at 46 to 48 cents per pound, cheese per pound with American loaf at 36 cents and other varieties, beef, pork and poultry prices including hens roosters ducks geese and turkeys. Also reported are flour, coffee, hay, potatoes and creamery receipts with regional variations and delivery terms.

Wisconsin New York Loz Indianapolis United Press New York Rio Santos Southern Finsei Southern Pacific Coast

U S Exports Set Record in First Half of 1928

Washington reports that exports of merchandise in the first six months of 1928 topped the same period in any year. Gold exports for the year ended June 30 reached 627 million dollars, while imports of gold totaled 129 million. Merchandise exports for the fiscal year were 4.877 billion with imports at 4.146 billion. Factory efficiency and foreign sales show gains with finished goods exports at 2.061 billion, up 4 percent from last year and 70 percent above 1921-22. Cotton exports fell about 30 percent from 1926-27, but higher prices kept value down only 5.4 percent.

United Press Washington United States Commerce Department

Cotton Market in New York Faces Weevil Fear and Price Fluctuations

In Thomson and McKinnon New York aug 2 the boll weevil keeps traders cautious about selling cotton while government reports loom. Receipts rise daily and outsiders may not steady prices. Cotton futures opened higher with gains across several months led by March and May contracts.

Thomson & McKinnon New York

Fruit and vegetable market prices in a regional listing

A dense price list catalogs fruits and vegetables with multiple varieties and vendors. Apples, Apricots, Blackberries, Cantaloupes, Cherries, Currants, and more show crates, baskets, and per-unit pricing. Regional origins include California, Indiana, Jamaica, Georgia, and Mississippi.

Indiana California Georgia Jamaica Reiches—southern

Livestock Market Receipts and Prices Steady Across Species

Hogs receipts 2 600 and cattle 750 with market steady to 50 cents. Beef steers range about 11.14 to 11.50, light yearling stock 11.15, beef cows 7.79 to 8.50, cutters 5.50 to 6.75. Sheep receipts 2 400 with a steady market. best lambs around 15, bulk fat lambs 14, ewes 4.50 to 7.00.

Siw Ll United Press Cleveland Buffalo

Richest Heiress of Britain Inherits Large Fortune

London August 2 Miss Gladys Yule is described as the richest heiress in Britain after the death of her father Sir David Yule Anglo Indian merchant with an estate valued around 100 million. Her mother Lady Yule also holds a substantial fortune in her own right.

Times London Gladys Yule Sir David Yule Lady Yule America David Yule Ee Face Magnin

Hog and cattle market tu Sunday auction report

Hog prices eased up to 10 cents from the day’s highs as receipts reached about 7,000 hogs with 274 holdovers. Cattle, vealers, sheep and lambs held steady amid 700 head of cattle and 600 vealers. Chicago prices opened slow with top hogs near 11.50.

Chicago and Cleveland Hogs and Cattle Market Roundup

Hogs receipts around 25 000 with prices mostly 10 to 15 cents lower. top paid for choice 215 pound hogs at 11.50. Cattle receipts about 7000 with demand mixed. best heavies around 16.35, steers mostly 14 to 16.40, cows and bulls varied. Regional listings include Toledo Cleveland East Buffalo and Pittsburgh markets with mixed price moves and similar activity across species.

Eee Ohio O Canadian Pac Esa & Ohio West Hudson Erie Isl Tl Central Grt Lehigh Valle Pat & Na Bolt Moeds Nor Pacific Norfolk & West Marquette Southern Uthern P. Oe St Paul Ulpmen Cer & Ray Westingh Elec Steels Bethlehem Crucible Colorado Inland Steel Otis Steel Alloy Younston St Vana A Jum Corp Eee Motors— Am Bosch Mag Chandler Seseee Chrysler Corp Contl Motors Dodge Bros Gabriel Sablers General Motors Aterson Bil Jordan Mack Trucks BOM Martin-Parr Moon Paige Biz Nas Packard Anaconda Co Calumet & Cerro de Pasco Riz Osik Chile Greenean Inspiration Kennecott Magma Miami Freeport-Texas Houston Pan-Am Union Phillips Beivot Royal Dutch Simms Petrol Sinclair Oil Elly Oil Transcontl Texes Corp Adv Rumely Allis Chalmers Allied Chemical Bussaan Iti Lambert Kelvinator Pittsburgh Coal Radio Corp Sears Roebuck Indus Alco Warner Bros Bay Wright Interboro Am Co Nat Power Puh Sve NJ Calif E Std Gas & el AI Utilities Power Est Union Tel Int Am Ship & Com Ad Gulf & W United Fruit Austin Nichols Echnut California Cuban Am Sur Fleischman Co Jewel Jones Bros Te Wee Ayail Eaters Nat Bostum Ward Baking Tobaccos Sumatra eGnera Lig & Meyers Ia Ar Tob Products B. Reynolds United Cigar St Ve Schulte United Press Chicago

Compulsory 5-Cent Levy Proposed for Street Upgrades

Merle N A Walker of Walker and Hollett urged a five cent mandatory levy for five years to fund widening and straightening projects in Indianapolis. He argued the plan would raise over 300000 dollars annually, supplementing the existing 3 cent limit without conflicting with current plans.

Indiana Merle N. A. Walker Walker & Hollett Walker Board of Works A. H. Moore City Plan Commission Budget Committee State Tax Board

Mail Volume Rises At Local Post Office

Postmaster Robert H. Bryson reported a 2.59 per cent rise in July post office receipts to 351,374 compared with 323,509 a year earlier. Stamp sales increased by 14,438 and air mail totals grew with 348 pounds dispatched versus 288 in June. July marked the first month with daily air mail round trips.

Robert H. Bryson Bryson

Inspect Radio Zones to Decide on Cuts

Federal Radio Commission members depart for regional study of broadcasting as the Davis amendment plan drives nationwide station reallocations. The panel has cut 36 broadcasters to date, leaving 650 stations under review with 128 small stations facing revocation notices ahead of September 1.

United Press Washington Federal Radio Commission

Street Railway Picnic at Broad Ripple Park

The second day of a two day outing for Indianapolis Street Railway Company employees and their families and friends is under way at Broad Ripple Park. Attendance on day one was about 3000 with early indications day two may surpass that figure. James P. Tretton and E H Pflume arranged special car schedules for guest transport. A share of the proceeds benefits the employees pension fund.

Indianapolis Street Railway Company Broad Ripple Park James P. Tretton E. H. Pflume Benefit and Pension Fund

John Erskine Defects From Republican Party for Smith

Columbia University professor and author John Erskine announced he left the Republican party to back Governor Alfred E. Smith for President. He cited a preference for Smiths temperance over Hoovers prohibition and called Prohibition a national scandal with international complications.

United Press New York John Erskine Columbia University Helen of Troy Alfred E. Smith Erskine Republican Party Smith Herbert Hoover

Three Cars in Crash injures Mrs. Aumann

Mrs. Clarence F. Aumann was hurt on Wednesday night when her car collided in a three way accident at Fifty Ninth Street and Keystone Avenue. George Shirk said he was blinded by lights on the Aumann vehicle and struck it, sending the Aumann car into John A. Pollard’s car. All vehicles suffered heavy damage and other occupants were uninjured.

Clarence F. Aumann Emerson Ave Fifty-Ninth St Keystone Ave George Shirk Wheeler St Aumann John A. Pollard Illinois St

Immigrant 104-Year-Old Jurgis Skinderis Arrives in U S

New York report: Jurgis Skinderis, aged 104, arrived from Tytavenas Lithuania on Wednesday to establish his home in the United States, seeking change after a long life in one place.

Man U. S United Press New York Jurgis Skinderis Tytavenas Lithuania United States

Hair and Scalp Institute Incorporation Plans in Indiana

Incorporation papers for the Hair and Scalp Institute of Indiana Inc filed with the Secretary of State list 400 common no par shares. Incorporators are Lloyd E. Battles Harry M. Mass and Edward R. Stevenson. firm will manufacture and sell soaps. In Brookville Indiana police seek suspects in a clothing theft of eighty suits from Baker Clothing.

Hair and Scalp Institute of Indiana, Inc Secretary of State Lloyd E. Battles Harry M. Mass Edward R. Stevenson

Trolley Profit Drops in 1928

The Indianapolis Street Railway Company reports for the first half of 1928 a $92,349 drop in gross earnings from the prior year, with six months total at $2,701,667 versus $2,794,017. Net earnings rose to $702,433, though the six-month deficit reached $19,602.

Indianapolis Street Railway Company Public Service Commission James A. McGowan Traction Company

Gains by Democrats Claimed in State Polls

Democratic State Chairman R Earl Peters announced that polls show substantial gains for the Democratic ticket in roughly one third of Indiana counties. He noted gains in rural areas and cities with little split between presidential and state candidate support. In Muncie Earl Cook, 38, was shot and killed by Ed Taylor during a liquor dispute. Taylor surrendered after throwing the revolver into a quarry.

R. Earl Peters Peters Times Muncie Ind Earl Cook Ed Taylor Taylor Cook

Funeral services for George W. Thomas in Rushville

Funeral services were held today for George W. Thomas 84 the last member of a Rush County settler family. He died Wednesday two weeks after injuries and shock from a fall.

Rushville Ind George W. Thomas Rush County

Also Mentioned on This Page

Atlantic Refining Electric Auto-Lite General Gas and Electric A Victor Talking Machine Johns Manville National Distillers National Radiator Banks and Exchange King of Spain Bandit Chicago Grain Table Floyd and Seals Marinee N. East Earl Rose Cornwell Senate Owen Eatin Phelps Paca William Ayttie Shivers Charles Bertyard Sy'viia Elder Coleman Ellsworth Anna Roth Belmont Aaheee Elfreda Kunkel St. Vincent's Hospital Rutherford Georgia Diggle Howard Marie’ Bigelow Keystone Forest Montia Hinkle Coleman Hospital Leonard and Hazel Reeves Earl and Pearl Holland Ayeratia Connell Lillian Morris Adams Frank and Marie Fisher James Ralph and Anna Jacobs St. Vincent's Cide Bertha Hubbard N. BowmaArthur Awleitha Mitchell Madisar Mat Bedford Cleon Lyonard N. Arnolda Ben and Theresa Glogega W. North Lowell Dorispert N. Denny Robert and Annis Tureen Boulevard Pl Paar Commission Mississippi Louisiana Michigan Tennessee Texas Roca Ay If Meer Lowe No United Toledo Bu Timted Press PT. Yne Bu United Press Pittsburgh Hoggs Broad Ripple Columbia Deserts Hoover Brookville Baker Clothing Company Timothy McMahan Washington St Buildings and Grounds Committee Hugh H. Ranje Ranje Orville H. Engle Statehouse Land of Frank C. Dailey Bible Investigation Club James Eldrich Winchester Raymond K. Floyd Guy Walters Marion Merry Makers Club Audrey Hapner Leona Binkley Holiday St Lottie Davis Kramer Manufacturing Company S. la Salle St Company Welfare Society Northern Beach George Kramer Lawrence Hartman Eugene Sacks Charles L Johnson L. B. Mossman G. B. Lyman Fred Forey Edward Kramer Avery Gipson Clio P. Maffet New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association Fletcher American Bank Lincoln Union Traction Indiana Service Corp Lima Huntington Lafayette Kendallville Auburn Indiana Lake Akron Warsaw Leesburg Milford Milford Junction Deru Winona Lake Great Lakes Connecting Electric Railways Riley Anderson Bluffton Wabash
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