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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
Rushville
Ind
George W. Thomas
Rush County
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Atlantic Refining
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General Gas and Electric A
Victor Talking Machine
Johns Manville
National Distillers
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St. Vincent's Hospital
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Adams
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James
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Anna Jacobs
St. Vincent's
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Awleitha Mitchell
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