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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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Bay United Press
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United Press
Buffalo
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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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
MENTIONED IN THIS ARTICLE
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.
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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.
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Blue Lake
Ft. Wayne
Angola
Ind
William Houston
William Rotmer
South Harding Street
George Roberts
Shriver Avenue
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