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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 04, 1930

Page

2

Stock Rally Lifts U S Steel and Radio Corp Shares

A midday stock market rally lifted United States Steel and Radio Corporation stocks as traders pushed prices higher after earlier declines. The dull session saw swings with Steel at 167 and Radio at 44, as Diamond Match and others edged up from intraday lows.

United Press York United States Steel Radio Corporation Bears Steel Radio American Can Warner Brothers Pictures M. J. Meehan Warner Brothers Consolidated Gas J. I. Case General Motors General Electric Westinghouse Electric

Bank and Treasury Clearings and Balances Across Cities

Indianapolis bank clearings Monday Aug 4 were 3.463 million debits 6.547 million. New York reported 638.0 million in clearings with a 126.0 million Federal Reserve credit balance. The Treasury balance on Aug 1 stood at 187.644 million with expenditures of 6.292 million and monthly customs receipts of 1.687 million.

Indianapolis New York United Press Federal Reserve Bank Ly United Prepas

Rights of Priesthood Sought for Women

The Interdenominational Society for the Ministry of Women requests complete priesthood rights for women equal to men. It sent a memorandum to Archbishop of Canterbury and asked Lambeth conference to consider it. The document notes women seek women’s sacramental ministry and absolution and argue men cannot fully grasp women’s outlook and motives.

United Press London Interdenominational Society For

Officers in Training in Kentucky and West Virginia

One hundred forty reserve officers from Kentucky and West Virginia undergo training including engineer instruction tactical walks and terrain exercises with infantry drill and rifle and pistol practice in their program.

Kentucky West Virginia

Bride's Bridegroom Tony Colleto Held in Cleveland Murder

Tony Colleto, 21, labeled an alleged gangster, was held by police in Cleveland on August 4 charged with the murder of his 18 year old bride Christina Colleto. Sal Colleto mentioned as a faithful messenger, police stated.

United Press Cleveland Tony Colleto Christina Colleto Sal Colleto

Stock Market Preview Signals August Upturn

In New York on August 4 Thomson McKinnon notes the steel industry may expand operations and report higher unfilled orders. The motor industry is returning to production as the downturn shows signs of a trade recovery. Investors anticipate continued security accumulation by strong interests as business news improves.

Thomson & McKinnon New York

Market Notes and Prices Across Regions

Market listings show poultry, butter, cheese, and eggs with varied prices by region. New York reports dull flour and steady poultry values. Cleveland notes firm butter and steady poultry, while Chicago area lists eggs, butter, and stock prices with several quality gradings.

Wisconsin Longhorn New York Bohicagg Missouri

Dow Jones Summary Of Weekly Business Highlights

Beech-Nut declares regular quarterly dividend of 75 cents payable Sept 30 with Sept 12 record. Neisner Bros. six months sales reach $8,177,278 vs $6,890,827 prior year. Wabash Railway moves 74,722 cars in July vs 92,712 in prior period. Grand Union six months profit $509,469 after tax and depreciation vs $441,098 in 1929. Sears Roebuck to open auto accessories store in East Orange New Jersey. Maytag six months earnings per share 44 cents on 1,617,922 shares vs 1929 first half. Prairie Pipe Line July crude deliveries 4,811,206 barrels. Westinghouse Electric orders $750,000 from US Steel. Pacific Coast company quarter ended June 30 profit 78. California crude output averaged 102,700 bpd week ended Aug 2. Electric power plants produced 7,748,476,000 kwh in June.

Maytag

Presidents day event at Columbia club announced

The Universal Club will observe Presidents' day Tuesday noon at the Columbia club. James A. Sprague is in charge of the program and Willis S. Thompson is secretary treasurer. Directors and committee chairs meet at the Columbia Club this evening at 6.

Universal Club Columbia Club Willis S. Thompson James A. Sprague

Suit Challenges Bond Issue For School Additions

John Carlisle files in superior court a suit challenging a 27000 bond issue for School 49 additions alleging bids were not awarded to the lowest bidders. Defendants include the Indianapolis School Board and the state tax board with all bids claimed to meet specifications and bidders deemed responsible. In a separate note, a fire on P F Phierson farm northeast of BYJANDBORN kills 1000 pullets and 500 hens, marking a second annual loss after a prior fire killed 2600 chicks.

John Carlisle North Bradley Street Byjandborn Ind P. F. Phierson Here Phierson

Mayor seeks budget for secretary and research fund

In Muncie Indiana on August 4 Mayor George R. Dale asks the city budget include 1500 dollars for an annual secretary and 1000 dollars for a research fund. The prior mayor John C. Hampton had requested 1000 dollars for a secretary which was refused.

Timea Muncie Ind George R. Dale John C. Hampton

Swine Market Shows Strong Tone at Pens

Hog prices climbed at the Union Stock Yards with early weights 170-210 lb at 9.75 to 9.85 dollars, many offerings up 10 to 25 cents. Receipts about 4,000 hogs. cattle light, steady. sheep and calves varied with buyers active in better grades. chicago and other markets show higher ranges, with h og receipts 30,000 in Chicago and 13,000 cattle and 8,000 sheep. porkers and sows varied by weight and region.

Chicago Bay United Press United Press Cincinnato Bu United Press Pittsburgh United Ae Aes United Press Buffalo N. Y Weather Bureau Ft. Wayne Indiana

Wheat futures rise on strong export hopes and corn gains

Chicago wheat closed sharply higher on the Board of Trade with wheat lifting 3% to 37% cents while corn advanced 2% to 3% cents. Oats also firm. provisions rose up to 15 points. Cash markets held steady as receipts varied and weather forecasts showed cooler conditions with no precipitation.

United Press Chicago Board of Trade Liverpool Indiana Ohio Dakota

Hogs and Calves Steady as Receipts Hit 9500 at East St Louis

East St Louis Illinois hog market shows receipts of about 7500 with sales up to 50 cents. Prices for 150-220 lb hogs around 19.85 and sows 7.25 to 7.15. Calves receipts near 2000 with light native steers steady and vealers up about 1.00. Sheep receipts scarce with lambs near packer level around 8.50 for most lambs.

United Press

City controller faces edict to slash police and airport funds

Elder orders cut police radio and municipal airport budgets to twenty thousand dollars each sparking anger among city officials. The safety board requests thirty one thousand for police radio as minimum, while the works board refuses to cut sixty five thousand for the airport as the lowest workable amount.

William L. Elder Safety Board Works Board

No Trace Found In Escape From New Albany Jail

Dale Williams, 34, of Shelbyville Indiana, escaped from the federal section of the county jail in New Albany by sawing a window. Despite early discovery, no trace had been found. Williams, under sentence to Chillicothe Ohio for violation of the Dyer auto theft act, had previously escaped from a federal prison.

United Press New Albany Ind Dale Williams Shelbyville Williams Chillicothe

Mother shields lad in New York murder trial

In New York Aug 4 a mother pleads maternal protection as her 10 year old son testifies he killed William Studema in defense of his father. The trial of Mrs Margaret Kugler centers on the boy’s confession and the circumstances of the homicide.

New York Margaret Kugler William Studema

Raffles and Numbered Men Film Reviews by Hickman

Walter D. Hickman critiques Raffles as a polished crook story with smart acting led by David Torrence. he finds it stylish but lacking big dramatic punch. He also reviews Numbered Men as artificial prison life with Bernice Claire's standout performance and critiques the cast, tone, and believability.

Onald Colman Raffles Bulldog Drummond Drummond Sherlock Holmes Colman Kay Francis Miss Francis David Torrence Inspector McKenzie Scotland Yard Conrad Nagel Good Behavior Squad Bernice Claire Raymond Hackett Claire

Hoosier Farms Struggle Amid Widespread Forest Fires

Indiana farmers battle persistent wildfires threatening crops and barns. A blaze on Mrs Kendrick’s northern township farm destroyed outbuildings while volunteers saved homes near Martinsville. Heat and drought cripple crops, with corn and tomatoes scarce and canneries facing losses as temps rise.

Kendrick Bloomington Martinsville William Youngman Bosart Avenue

Local Wagon Wheat in Ra eaeet and WS BR

Local wagon wheat shipment reports from Ra eaeet and WS BR indicate movement of grain through regional rails. Observers note yard activity, loading schedules, and minor fluctuations in supply as harvest season progresses.

Ra Eaeet WS BR

Shipwreck Kelly Extends Pole Sit to Forty-Four Days

Alvin Shipwreck Kelly remains on a flagpole atop the Atlantic City steel pier for a forty fourth day. The Hawaiian band plays to his endurance as he says he feels fine and believes he could reach fifty days.

Alvin United Pr Atlantic City N. J Kelly

Fire destroys farm home near Columbus

Fire sparked by a defective flue destroyed the home of C. D. Bacon five miles southwest of Columbus. Loss estimated about 3000 dollars. Most furnishings saved and a bucket brigade preventedFurther spread to a large barn and other nearby buildings. Bacon formerly lived in Indianapolis and recently bought the farm from Marvin Wagner. He carried some insurance.

Columbus Ind C. D. Bacon Here Bacon Indianapolis Marvin Wagner

Man Dies of Heart Attack While Driving in Terre Haute

William Donham, 33, died in his car in Terre Haute after suffering a heart attack while driving. He pulled over, asked a companion to take the wheel, and slumped in his seat.

United Press Terre Haute Ind William Donham Donham

Auto runs over baby at family picnic in Chicago

A Sunday family picnic ended in tragedy when Kenneth Post’s car, parked on a hill, slipped into motion and crushed two month old Robert Eugene Post beside his parents. The incident occurred in Chicago on August 4.

United Press Chicago Kenneth Post Robert Eugene Post

Farm Home Burned on South Harding Street

Fire on Sunday night destroyed the farm home of William Rotmer at 5500 South Harding Street with damages above $8,000. Incendiary origin is suspected. A separate fire caused $1,300 damage to Mrs. George Roberts at 2717 Shriver Avenue.

Blue Lake Ft. Wayne Angola Ind William Houston William Rotmer South Harding Street George Roberts Shriver Avenue

Also Mentioned on This Page

Banks and Exchange Treasury Statement American Telephone BR Union Carbide Ite Anadium Net Bros U Se Electric United States Central Hanover Chase Nation Phoenix Nat'l Ttan & Oo Engineer Corps Ft. Harrison Sores Essen Air Gener Westingh Ag Goodrich Auburn Chrysler Motor Ab Ste Packard Studebaker Bendix Aviation Conti Pan-Amer Prol & Gas Simms Pt A Co. Coves Bethlehem Cole Fuel Byers Cruc Steelinland Ludlum Midland Repub US Steel Vanadium C ‘Ebaccos Am Sumatra Eseer Os Am Tobacco General Cigar Lig& Myers Reynolds Tol Unite Cig Adams Exp Am Pwr Pwr Li Col Gas & el el Pwr & Li Intl Gen Gas A Natl Pwr Li Amer Co Ut United Corpor Shi Am United Ue Armour A Grand Union l Indus Chems Allied Chem Assoc Imbel Woolworth Il Radio Corp Schubert Warner Bros United Press New York Southern Ois Southern Young America Bu United Preas Cincinnati Peay Ao Ik Sao Neisner Bros Youngstown Fisher Wabash Railway Grand Union Company Sears Roebuck “S Co East Orange Darst Creek Prairie Pipe United States Steel Subsidiaries Barker Brothers Corporation Pacific Coast Con Party Marlin Rockwell Corporation and Subsidiaries North American Light and Power Company and Subsidiaries California California Oil Exchange Buffet Bicknell Knox Consolidated Coal Company Eilis Searles Mine Workers’ Journal Service Club Lincoln Today National Federation of Postoffice Motor Vehicle Employes Association Lockerbie Today Rei Pier Fiegas Mamie i Asvss Wayne Ae Weather News Toledo Walter D. Hickman Bernice Cizire Grant Withers Dizzy Blonds Sue Carol Dizzy Withers Sue Grant Cupid Common Sense Carol the Apollo Heidt’s Horace Heidt Heidt Helen Kane Loretta Young Jack Mulhall Dessa The Connell Turpen Oretta Young Ingagi Alamo Lyric George Fares Colonial Ronald Colman Ask. Amer Central Life Belt R & Yds Co Bobbs-Merrill_ Co Belt R_R & & Yds Co Central Ind Power Co Circle Theater Co Citizens Gas Bee Citizens Gas Commonwealth Co Ae Commonwealth L Co of Hook Dry Co Ind Hotel Co Claypool Co Indiana Hotel Co Sons Fer Real Link Hosiery M Inc Tavestore Trac van Camp van Camp Prod R R & Stock Co Ind Telephone Co Ind & St Trac Trac Light Co J. R. Moore Hoosier Farmer Indiana Farm Bureau Moore Auto Oklahoma City Gusher Field Wild Mary Sudik C. C. Julian Cotton Exchange Oklahoma City Okla Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb Continental Bank Riley Eiley
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