Frantic Bears Drive Stocks Down On Mellon Rumors
The stock market fell under bear pressure as rumors of Andrew Mellon’s resignation and Dwight Morrow’s possible succession spurred widespread selling. Major issues like American Telephone and Telegraph United States Steel and Bethlehem Steel declined while Westinghouse surged to a record high on mixed activity and late profit-taking pushed call money to 12 percent.
MENTIONED IN THIS ARTICLE
New York
Andrew Mellon
Middle West
Pacific Coast Group
Consolidated Gas
Westinghouse Electric
General Electric
New York Central
Mellon
Dwight Morrow
Mexico
Pittsburg
International Paper declares quarterly dividend in 1929
The Board of Directors of International Paper Company in New York announces a quarterly dividend of 60 cents per share on common stock, payable August 15, 1929 to stockholders of record at close of business August 1, 1929. Checks will be mailed. Transfer books will not close. Owen Suersenn, President and treasurer.
MENTIONED IN THIS ARTICLE
Reedery
American Solvents and Chemical Corporation
Philadelphia
J. A. Queeney
Mitten Management
Philadelphia Rapid Transit Company
Checker Cab Manufacturing Company
Gardner-Denver Company
R. G. Gardner
United Press
Chicago
Standard Oil Company of Indiana
Reedery dividend announced for Class A stock
International Paper and Power Company Boston dated July 10 1929 announces a sixty cent per share dividend on Class A Common Stock payable August 15 1929 to holders of record at close of business August 1 1929. RG Law treasurer.
MENTIONED IN THIS ARTICLE
International Paper and Power Company
Boston
Banks and Exchange
Banks and Exchange figures for New York and Washington show clearings at 3.692 billion dollars with a balance of 136 million and a Federal Reserve credit balance of 131 million. Treasury net balance stands at 156.307 million with customs receipts totaling 4.511 million. Foreign exchange closed irregularly with sterling at 4.1816 dollars and various European currencies listed with small movements.
MENTIONED IN THIS ARTICLE
New York
Dee Ae
Diane House
Federal Reserve Bank
Treasury
United Preas
Washington
Belga
Fruit and Vegetable Prices from Commission Row
A historical listing shows varied produce prices by item and origin. Items include apples, apricots, grapes from California, lemons, limes from Jamaica, oranges, peaches, plums, and vegetables such as artichokes, asparagus, beans, beets, cabbage, cauliflower, celery, coconuts, cucumbers, eggplant, kale, lettuce, mustard, onions, parsley, potatoes, radishes, rhubarb, sweet potatoes, tomatoes, and watermelons with per-unit, per-dozen, or per-crate pricing and origin notes.
MENTIONED IN THIS ARTICLE
California
Jamaica
Valencia
Washington
Texas
Markets Butter wholesale list and early US prices
Markets report mixed wholesale butter and cheese prices with varied lots from No. 1 to No. 2 butter and multiple cheese types. Poultry prices show fowls leghorns ducks turkeys and roosters with multiple grade prices. Apples and potatoes noted with per bushel and on track pricing.
MENTIONED IN THIS ARTICLE
Wisconsin
New York
Eparen Apis
Chicago
Kansas
Missouri
Trish
Minnesota
Ohio
Births and deaths listed in Coleman area records
A long list shows births at Coleman hospital including Cort and Addie Pigg 3021 McPherson David and Ruth Scots 1344 North Gale and others. Deaths include infant Huth 19 months 1801 South Delaware acute gastroenteritis Bernhardine Bremer 77 carcinoma and Howard F P Stout 63 cerebral hemorrhage. Multiple residents named with ages and addresses featured.
MENTIONED IN THIS ARTICLE
Cort
Addie Pigg
McPherson
David and
Ruth Scots
North Gale
George and
Mary Bourne
North Minkner
Benjamin and
Fannie Blumberg
Coleman Hospital
Daniel and
Gertrude Higgins
Edward and
Jessie Thompson
Coleman Keenital
Richard and Mae Hamilton
Bell
Nelson
Cordelia Jones
Alvord
Nash
Gladys Houdin
West
Infant Huth
Delaware
Joseph Boone
Vermont
Bernhardine Bremer
Pierson
Areen Jones
George H. Graham
North Temple
Florence M. Kurtz
North Beville
Mary E. Stages
Warren
Gale Richard Peters
East Tenth
Clyde R. Kerner
North Hamilton
Howard FP. Stout
Bellefontaine
Richard Thomas Sparks
Ewing
Monica Vols
Central
Nellie M Harvey
Central Indiane Hospital
Soules
Billie Fay Runner
Riley Hospital
DEDICATE NEW CHURCH IN VER non
The Vernon Christian church on Pendleton pike at Killey avenue and Thirty eighth street was dedicated Sunday. Rev W A Cauble, secretary of the Indiana Missionary Association for thirteen years, presided. Ground was donated by Washington Bank and Trust Company which is developing Vernon Acres where the church is located. The church began in October 1928 and met in a store room until June of this year.
MENTIONED IN THIS ARTICLE
Vernon Christian Church
Pendleton Pike
Killey Avenue
Thirty-eighth Street
W. A. Cauble
Indiana Missionary Association
Washington Bank and Trust Company
Vernon Acres
Influence of cash supply lowers grain prices in market
A United Press report from Chicago notes wheat, corn, and oats fall at the open as cash grain floods the market. Provisions stay firm while crop news remains bullish. Canada reports a harvest about half of last year with world crop estimates dropping, and regional weather offers mixed signals across the belt.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Canada
Liverpool
Winnipeg
Nebraska
Kansas
July Fatalities in Indianapolis Reach Thirty Three
Thirty three persons died in Indianapolis during July from speed and carelessness records show in coroner Charles H. Keever's office. The Indianapolis Safety Council notes July fatalities from all accidents exceed any month since October of last year. Motor vehicle crashes caused eleven deaths. public nonvehicle accidents eleven. home accidents ten. industry one. five drownings.
MENTIONED IN THIS ARTICLE
Indianapolis
Charles H. Keever
Indianapolis Safety Council
167 Drivers Arrested for Traffic Violations
Police records show 167 persons brought to headquarters over the weekend on charges including speeding 81 improper lights 23 failure to stop at preferential streets 33 driving through safety zones 2 and disobeying automatic traffic signals 18 Police Chief Claude M Worley announced continued strict enforcement of traffic laws and ordinances.
MENTIONED IN THIS ARTICLE
Claude M. Worley
Block Adds 12 Trucks to Delivery Fleet
William H. Block Company department store expanded its delivery fleet with twelve new motor trucks ten Reo speed wagons and two Faragos. The Block fleet becomes the largest operated by any department store in the state with bodies designed in collaboration between Block officials.
MENTIONED IN THIS ARTICLE
William H. Block Company
Block Company
Reformatory Receives Tear Gas Bombs for Women Inmates
Bedford New York August fifth 1932 a supply of tear gas bombs arrived at the state reformatories for women to subdue inmates if they act foolish said Dr Raymond F C Kib state commissioner of correction ordered the bombs to be kept for use if needed the announcement noted the controversial measure and its purpose in keeping discipline.
MENTIONED IN THIS ARTICLE
Bulweed Press
Bedford
N. Y
State Reformatory
Raymond F. C. Kieb
State Commissioner of Correction
Local Wagon Wheat Pram Elevators Set Paring Rates
Elevators in the local wagon wheat trade are trimming prices with offers at £1.20 for a tewheat and $1.15 for a 2 bard, reflecting market adjustments as farmers watch for parity and futures shifts.
MENTIONED IN THIS ARTICLE
Pram
Bard
Pork Market Up at Local Yards With Higher Hog Prices
Hog prices rose 10 to 20 cents at Union Stockyards with bulk 140 to 260 pound hogs selling $11.30 to $12. Receipts totaled about 4,000 with 898 holdovers. Cattle remained scarce and steady and beef weights after a light supply. Sheep and lambs strengthened with top fat lambs around $14. fat ewes $4.50 to $6.50. Chicago and other markets show varied hog, cattle, and sheep quotes for midweek.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Lnited
Louisville
United Arena Cincinnati
United Prene East
Buffalo
United Preas
Pittsburgh
Rene Balk
Betes
Diverse corporate moves span two subsidiaries sale and aviation gains
United Aviation announces sale of Gray Gose Airlines and North Shore Airport Company to Chicago Air Service Inc, transferring all capital stock. DeVry reports July camera and neon tube sales up sharply, Gotham Silk Hosiery posts six months net income of 1 333 320, while Fairfax Airports Kansas City forecasts grow July revenue to 300 000 and plans to become the nation’s largest airport.
MENTIONED IN THIS ARTICLE
United Aviation Corporation
Gray Gose Airlines, Inc
North Shore Airport Company
Chicago Air Service, Inc
Gotham Silk Hosiery Company, Inc
Oper One
Fairfax Airports, Inc
Kansas City
Cpsed Inctober
Fairfax
United States
Calves and hogs prices in Indiana and Ohio markets
United Press reports Aug 5 in Fort Wayne and Toledo: cattle receipts at Fort Wayne steady with calves and heavy hogs at varying prices across weight groups. Toledo hogs steady with heavies around 10.75 to 11.75, cattle light receipts and steady sheep and lambs noted.
MENTIONED IN THIS ARTICLE
Toledo
Mrs. Steve Mocko Ends Life After Husband Jailed
In Chicago on August 5, United Press reports Mrs. Steve Mocko killed herself by gas after her husband was jailed for intoxication. She put her children Andrew, 8, and Anna, 6, to bed, then sat up brooding before turning on the gas and dying. Her husband later told authorities I’ve killed her.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Steve Mocko
Andrew
Anna
Arene Mocko
City in Brief Tuesday Club Luncheons and Civic Notes
A series of luncheon meetings across Indianapolis include Rotary Club, Claypool Indiana Society of the Sons of the American Revolution, Mercator Club, Indianapolis Architectural Club, Purchasing Agents' Association, American Chemical Society, Jones Club, Columbia Phi Gamma Delta, University of Michigan alumni, Exchange Club, and Apense Francaise. The city confirms new Scout hut near Ft. Harrison, a switch project for Indianapolis Power and Light at Summer and Stephenson, County approval Saturday, Girl Scout Camp Dellwood hosts a mock circus parade, and Hayes Body Corporation outing with Grand Rapids and Ionia branches. McGuffeyite Association hosts Brookside park picnic, Frederick Schortemeier to speak at Jones Tabernacle AME, Bassett revival starts Sept 8 at Cable Tabernacle, E F Day business manager, 100-man local committee, 500 carrier family outing at Broad Ripple, and National party set to meet at Century building Tuesday night.
MENTIONED IN THIS ARTICLE
Rotary Club
Claypool
Indiana Society of the Sons of the American Revolution
Spinks- Arms
Mercator Club
Columbia Ub
Indianapolis Architectural Club
ISI
Iran S. Bassett
Bassett
Marion County
Cable Tabernacle
E. F. Day
Building Permits For Several Residences Listed
R F Lee files permit for a house at 1125 Pomander costing 6590 dollars. A A Hoeltke applies for a dwelling and garage at 1234 North Bancroft costing 4500 dollars. E C Morris seeks a dwelling and garage at 3650 Guilford costing 6000 dollars. Co Olsen requests a dwelling and garage at 951 North Campbell costing 7850 dollars.
MENTIONED IN THIS ARTICLE
R. F. Lee
Pomander
A. A. Hoeltke
North Bancroft
E. C. Morris
Dweling
Guilford
Olsen
North Campbell
Rosy picture of U S business in 1928 yearbook
Washington report cites a rose colored view of American business last year with high manufacturing growth and strong foreign trade. It notes a 20 percent rise in check payments from 1927, 5 percent growth in bank resources, larger loan growth than securities, and substantial debt retirement using a 906 million dollar surplus. Exports rose 5.4 percent in real terms despite price changes.
MENTIONED IN THIS ARTICLE
United Press
Washington
Commerce Department
America
Federal Reserve
Treasury
Weather Summary From Indianapolis Airport Mains 9 30 PM
Night conditions at Indianapolis airport show a south wind eight mph temperature seventy with a 30.08 sea level pressure and high thin overcast ceilings while visibility remains unlimited. Numerous aircraft including Embry-Riddle mail planes and others from St Louis Jackson Cincinnati Evansville Lafayette Muncie and Oklahoma City are noted in regional flights and demonstrations with pilots and passengers listed.
MENTIONED IN THIS ARTICLE
Indianapolis
Curtiss
Thorntown
Ind
H. C. Young
Minor
Waco
Troy
Marshall
Ray Kuhl
Flora
Bourbon Ind
Eaglerock
Michael Murphy
Lafayette
Muncie
Dick Knox
J. H. Mc
Curtiss Flight Instructor Tops Solo Flight at Mars Hill
Dwight Kellar soloed Saturday under Earl W. Sweeney chief instructor of Curtiss Flying Service of Indiana at Curtiss Mars Hill airport.
MENTIONED IN THIS ARTICLE
Dwight Kellar
Earl W. Sweeney
Curtiss Flying Service of
Indiana
Curtiss-Mars Hill
Reception Planned for Fliers Dale Jackson and O Brine
A reception for Dale Jackson and Forest O Brine holders of the endurance record when they visit Indianapolis October 10 and 11 is being arranged by a citizens’ committee named by Paul Q. Richey and Horace Huey. A banquet will be broadcast on WFBM with toastmaster Byron Elliott. speakers include Mayor Slack Governor Leslie and Richey. The fliers, who stayed aloft 420 hours over St. Louis in a Curtiss Robin monoplane, are brought by Curtiss Flying Service of Indiana.
MENTIONED IN THIS ARTICLE
Dale Jackson
Forest
O'Brine
Indianapolis
Paul Q. Richey
Chamber of Commerce
Horace FE. Huey
Cole Club of Indianapolis
WFBM
Indianapolis Power and Light Company
Byron K. Elliott
Jackson
L. Ert Slack
Harry G. Leslie
Richey
Endurance Fliers
St. Louis
Curtiss Flying Service of
Indiana
Hoosier Air Port Plans Feeder Service for Mason-Dixon Line
Harold C. Brooks secretary treasurer announces a feeder service from Cincinnati to Detroit. Hoosier air port will transport passengers between Indianapolis and Dayton to connect with the Mason-Dixon line service to Detroit.
MENTIONED IN THIS ARTICLE
Mason-Dixon Airlines
Cincinnati
Detroit
Hoosier Airport
Harold C. Brooks
Hoosier
Indianapolis
Dayton
Mason-Dixon
Aerial maneuvers invite public at Curtiss-Mars Hill air port
The public is invited to watch private license fliers perform from 2 p m Tuesday at Curtiss Mars Hill airport. Solo Club of Indianapolis and recent graduates from Curtiss Hoosier Capitol schools will contest. Prizes provided by Charles E Cox Jr Curtiss assistant GM. Judges include Cox Bob Shank and Fred Lander. Also 1200 veterans attend the Fourth Annual Reunion of the Veterans Association of the Second Regiment A E F at the Severin August 22 24.
MENTIONED IN THIS ARTICLE
Curtiss-Mars Hill
Inedianapolis
Curtiss, Hoosier
Capitol
Charles E. Cox Jr
Curtiss
Cox
Bob Shank
Hoosier
Fred Lander
Capitol Airways
Veterans’ Association of the Second Regiment
Air Service Mechanics
the Severin
R. C. Gardner
Forest K. Paul
William B. Denny
Samuel Gray
George W. Statler
Indianeri
Hugo Albert
Oaklan
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Owen Suersenn, Puce Pres and
Tree
RG. Law
Aetna Trust & Savings Co
Pennsylvania St
Banks and Exchange
Virginia
Kentucky
Florida
United Prese
Fred
Ruth McClure
North &Milton
Oliver and Let Ranch
Woodruff
Lawrence
Thersa May
Park
Paul and
Crace Wrrick
North Alaene
Rnoleé
Mayme Meed
Coleman Hosital
Cope
Irene Pierson
Donaph and
Mary Zeunick
George
Sofa Burges
Shepard, Deck
Nellie Corrie
West Walnut
John
Minnie Wagner
Yan
Congregaton
New York Stock Exchange
Chicago Stoc Exchange
New York Cotton Exchange
Chicago Board of Trade
New York Card Association
Fletcher American
Lincoln
Chicago Grain Table
Claver
Timothy— OA
Alsoke
Bitter
United Prose Toleno, O
Bartey
Bieh
Taw
Department Store
Reformatory
Thomson & McKinnon
Atchison
Ota Ee
Coast Line
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Canadian Pac
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del Hudson
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Southern R
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St L
Union Pacific
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Am Car & Fdy
Pullman O'S
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Bethlehem Ves
Colorado
Gulf States
Sti
Inland Steel
Ees
E Otis
Ss Rep Iron & Sii
Mita Usteel
Alloy Sesee A
Youngtown
Um Corp
Motors
Chrysler Corp
Eaton Axle Ee
Graham Paige
Gabriel Sablers
Packard
Murray Baa
Pierce Arrow
White Motor
Am Smit & Big
Calumet & Hess
Greene
Nickens
Kennecott
Magma
Miami
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Barnsdale Atlantic Rfg
Freeport
Indo Oil & Gas
Lago Oil & Tr
Pan-Am Pet
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Shell Sa
Simms
Sinclair Oil
Skelly Oil
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Ant Curtiss
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ARIS
Davison Che
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Int Harvester
Lembert
Fale
Keith S
Radio Corp Rrie
BAS
Eal Silk
Rem Rand
Sears Roeh ‘Ok
Tinion Carbide
Werner Dan
Univ Pine
U Scs Ir
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Worthington
Woolworth Co
Tel & Tel
Brklyn-Manh T
Consol Ges
CG & Aes
Elec Pow & Lt
Nor Am Co
Pub Ser
So Ca! Edison
Trited Corp
Std Gee & Fl
Tnited Power
West Union Tel
Guilt & Wit
United Pruit
Seeee
Borden
Fleischmann Co
TR Grand Union
Grand Union Pd
sm Pnastum_ Co
Sumatra
Tig & Myers
RBI
eVry Corporation
T. M. Pletcher
DeVry
Columbia Pictures Corporation
Studebaker
Studebaker Corporation of America
Weer
National Screen Service Corporation
Skelly of Company
Schifer Ranch
Texas Panhandle
DeVry Corporation
International Hydro-Electric System
Frank D. Comerford
Car Service Division
American Railway Association
Standard Statistics Company of
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Bureau of Statistics
Interstate Commerce Commission
Carnet and Rue Group
Ae Rane Statistics Company
Newark
Car Service
Surnius
Federal Motor Truck Company
du Pont
Reeuler
Moteture-Nroof
du Pont Company
Althovgh
Com Hane
Elkhart
Mercer
East Pelmer Street
A. G. Leedy
Precicent
United Prec
Centro Soyus
Great Britain
Co-Operative Wholesale Society
E¢ Society
Oneida
South
Illinois Street
Albert E. Uhi
Washington Company
Uhl Company
William Fuehring
New Jersey Street
H. B. Kelenbach
T. B. Mullen
Bu United Press
FT. Wayne. Ind
Boy Scouts of
Scout
Ft. Benjamin Harrison
Parents Council
Irvington M. E. Church
Summer Avenue
Stephenson Avenue
Camp Dellwood
Rosalie Spawn
Hayes Body Corporation of
Grand Rapids
Ionia
Mich
Riverside Amusement Park
McGuffeyite
Brookside Park
Frederick E. Schortemeier
Wil
Jones Tabernacle African Methodist Episcopal Church
Michigan
Blackford Streets
Indianapolis Letter Carriers’ Association
Broad Ripple Park
The
National Party
Century Building
American Central L
Ins Co
R R & Yds Co
Belt R & Yds Co
Bobb’s Merrill Covesse
Central _Ind Power Co
sBseies
Circle Theater
Cities Serv
Citizens Gas Vo Co
Citizens Gas Co
Commonwealth L Co
Equitable Sec Co
Hook Drug Co
Horuff Shoe Corp
Ind Hotel Co
Psusece - Ind Serv Corp
Indpis Gas Co
Indpis & Northwin Tr
Indpis P
Indplis Wa
Inter
Merchants Pub Util Co
Metro Loanese
Northern Ind Pub
Trac & L Co
Broad Ripple Trac
Ind Gas Co
Central Ind Power Co
Citizens Street
Peairoad
Gary
T& 1
Ft. Warne
Indi*va Hotel Co
Ind Northern Trac Light Co
Ind Railway
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Power and Linke Co
Peana Gnion Trac
Col & Trac
Indis Napolis Gas Co
Indpls & Martinsville T Co
Indpl
eaWerenee
Indp's Street Rr
Tees
Trac & Termina Co
Ea O Tien & Ret
A Water Co
Tadoie Aber Wore
Bee Co
Eeeseee
Interstate Iblic Service
Ind Telezh
Liberty Loan
U. S
Kellar