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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 08, 1928

Page

6

Irregular stock trading on Mart and major indices

Stocks opened irregularly with General Motors slipping amid rumors of a resignation. Continental Can jumped to near record highs, while Columbia Gas and Standard Milling showed late gains as rails and oils drifted with few significant leaders.

United Press NEW York General Motors S-Steel Montgomery Ward Sears Roebuck Continental Can Brunswick Alke Schulte Postum National Airy Wall Street Journal Financial Review Today Dupont Smith Motors Genral Motors Steel American Can Allied Chemical Radio Wright Continental Columbia Gas Standard Milling

Bank clearings and finances across major cities

Indianapolis reported today bank clearings at 3 804 000 with 6 032 000 debits. New York showed clearings at 1 063 000 000 and a 90 000 000 balance. Federal Reserve credit balance stood at 82. Chicago posted clearings around 107 000 000 and a 8 700 000 balance. Treasury balance on Aug 6 was 255 064 627.14 with customs receipts to Aug 6 at 10 927 123.93. Foreign exchange rates opened with sterling 4 85 dollars, francs 3 90, lira 5 23, belga 13 90, marks 23 83.

New York York Federa Reserve Bank Chicago United Press Toey Alance United Pre Washington Treasury Belga

Local elevators post wheat prices for red and hard grades

Local grain elevators pay $1.24 per bushel for No. red wheat and 99 cents for No. 2 hard wheat. Other grades are bought on their merits.

Lindbergh Urged To Visit Indianapolis Airport Site

Co L Harrod industrial commissioner telegraphed Col Charles A Lindbergh in New York requesting an early visit to inspect municipal airport sites. Lindbergh would represent the Transcontinental Air Transport to help the city airport committee and industrial commission choose a site. Harrod seeks a reply before the joint committee meets Wednesday noon.

Indianapolis Harrod Joint Committee

City real estate board debates Sunday open-house plan

Indianapolis Real Estate Board members will discuss continuing the Sunday open-for-inspection selling plan at a Thursday luncheon at the Chamber of Commerce. Realtors Joseph J. Argus and Walter T. White argue for discontinuing the practice while Robert Allison and Lafayette Perkins oppose it.

Indianapolis Real Estate Board Chamber of Commerce Joseph J. Argus Walter T. White Robert Allison Lafayette Perkins

Porters Demand Higher Wages Over Luggage Shortage

London railway porters say their wages fail to cover costs as more women travel light without trunks, carrying only small suitcases. The August report notes female fashion reduces luggage needs, affecting porter work and income.

United Press London

Wall Street Gains Halted by Tight Money Market

Stock market optimism earlier in the week faded as Tuesday's session showed discounting and insufficient money market support. Analysts warn higher prices require more money market cooperation, and until the money market stabilizes progress for bulls will be difficult, suggesting a conservative stance.

Thomson & McKinnon New York Esday

Wheat futures fall sharply in Chicago trading

Bears press wheat to fresh lows on the Chicago Board of Trade as corn and oats also drop. Weather remains favorable in most regions, with Kansas noting scattered rain and September corn showing tight movement despite overall selling pressure. Short sellers provide the only visible support as December wheat faces heavy selling while cash markets hold up.

United Press Chicago Board of Trade Kansas

Canada crop prospect dulls grain trade in Chicago

In the Grain Market Thomson McKinnon Chicago August 8 the prospect of a bumper Canadian crop grows from possibility to probability. This expectation makes importers complacent with no current demand, limiting future outlet and stock in sight and keeping the market without virtue.

Granite Sand and Gravel Co Sold to American Aggregates

The Granite Sand and Gravel Company of Indianapolis has been acquired by American Aggregates Corp. W. K. Miller announced the deal. A $200,000 plant will be built in the southern city. Ken tucky Ave and Reisner St hosts the firm’s main plant near White River. No immediate business changes expected.

Granite Sand and Gravel Company Indianapolis Unon Trust Bldg American Aggregates Corp West W. K. Miller Kentucky Ave Reisner St

Births Cirls Walter and Mary Woodson and Others

Birth notices list multiple families with newborns and home addresses across local streets and hospitals. Names include Walter and Mary Woodson. James and Elizabeth Hinds. Grayson and Ruby Fowler. Morris and Marion Stout. August and Catherine Harkoma. Harry and Edith Bauer. Charles and Bernice Cahill at Coleman Hospital. Omas and Marjorie Freeman at Coleman Hospital. Charles and Margaret Swank. Charles and Myrtle Krutlein. Sylvester and Lillie Clark. Amelia and Charles Dumas. Emerson and Margaret McIntire. Robert and Anna Murphy. Vera Barrett. Earl and Dorothy Lee at Coleman Hospital.

Ing. James Elizabeth Hinds Beecher Grayson Ruby Fowler N. Olney Morris Marion Stout Park August Catherine Harkoma Christian Harry Edith Bauer Meredith Charles and Bernice Cahill Coleman Hospital Omas Marjorie Freeman Margaret Swank Coleman Ae Pe . Toarles Myrtle Krutlein Burma Nina Stewart Christian Hositstein Wilhelmina Walsh Sylvester Lillie Clark Keystor Charles Amelia Dumas Pleasant Run Blvd Emerson Margaret McIntire Chadwick Robert Anna Murphy Harlan i Vera Barrett Coleman Hos- Earl Dorothy Lee Coleman

Obituary list notes multiple deaths and causes in city

The record lists Elmer French and many others aged 39 through 91 with causes including appendicitis, myocarditis, pulmonary thrombosis, and tuberculosis. It also mentions hospitals visited and residences on E Fifty-Ninth to Bradley and Vermont Streets, ending with a note on elephant hide used in Sheffield cutlery finishing.

Elmer French Mabel French Caritteo Zasas St. Ivincent Perry Whaley N. Elder Josephine Mulbany N. Tacoma John P. Severson Christian Hospital Edward J. Louden St. Vincent Hospital Mary E. Elsinger Kennington Ora Ethel Arnold Qty Raber Stuckey E. Southern Nancy Sherwood Trowbridge Matern Bradley Lawrence Madding Fletcher San Clyde R. O'Dell E. Market Minnie L. Fickinger Norway Elizabeth Reynolds Vermont Frank Wright Martindale Charles L. Beauford N. Senate Edward Alfred Owens Hudson Anderson Montgomery Churchman Sheffield

Commission Row Prices To Retail Fruits and Vegetables

A list of wholesale to retail fruit and vegetable prices including apples from Transparents and fancy baskets, citrus and berries from various regions, melons and grapes, plus home grown vegetables. notes prices per crate, 24-qt crate, 16-qt crate, per bushel, or per dozen. Included items feature apples, apricots, blackberries, cantaloupes, cherries, currants, dewberries, gooseberries, grapes, lemons, limes, melons, peaches, pears, plums, raspberries, watermelons, beans, beets, cabbage, carrots, cauliflower, celery, corn, cucumbers, mustard, okra, onions, parsley, peas, peppers, potatoes, radishes, rhubarb, spinach, sweet potatoes, tomatoes, turnips, cider, garlic. Prices vary by origin and product.

Indiana California Georgia Jamaica Florida Mississippi Louisiana Michigan Tennessee Texas New York Virginia

Urge Women Campaign Help at YWCA Meeting

Democratic nominee for Governor of Indiana Frank Dailey urged complete organization of Democratic women to secure the vote. He spoke before about 100 women at Hollenbeck Hall as part of the School of Democracy sponsored by the Seventh District Democratic Women's club. Other speakers included Evans Woollen Albert Stump Boyd Gurley and W. W. Spencer addressing party history duties of officials and election concerns.

Democratic Party Frank Dailey Indiana Hollenbeck Hall Dailey School of Democracy Democratic Women’s Club L. Ert Evans Woollen Albert Stump United States Boyd Gurley W. W. Spencer

Markets Butter and Eggs and Poultry Prices Across Regions

Wholesale butter prices No 1 7 48c No 2 45 46c Ib Butterfat 45 46c Ib Cheese prices per loaf ranging 27c to 36c Eyes bovine prices fresh Indianapolis delivery eggs extras 37c also 34 37c in different grades Poultry buying prices various weights roosters ducks geese and guineas listed Potatoes and other staples with regional price spreads New York and Wisconsin markets show dull to firmer trends across flour pork lard sugar coffee and tallow summaries

Wisconsin New York Indianapolis Bay United Press Groveta Virginia United Press Midwest Rio Santos Long Island Young Americas Southern Pacific Coasts

Local Hog Market Sees Drops Across Prices and Steady Tops

Best porkers dip to 15 centslower on the hundredweight while bulk 160-275 pound hogs bring 11.35 to 11.75. Receipts around 6,500 hogs with 367 held over. top hogs hit 11.75. Beef steers steady to higher, other cattle unchanged. Chicago hogs weak. receipts 15,000. Heavy butchers 250-350 pounds 11. (truncated)

Chicago

Chicago and Pittsburgh market livestock report roundup

Market summaries from Chicago Pittsburgh Louisville and Cincinnati show hog receipts around 15 000 in Chicago with prices from 9 40 to 11 70 for various weights and steady to 1 lower. cattle and calves mixed with several price ranges for steers heifers cows and calves. Pittsburgh and Louisville data show similar steady tone with hogs around 11 25 to 12 15 and cattle varied by class. Tuesday shipments include cattle calves hogs sheep.

United Press Aus Times Special Louisville

Arrested for Cruelty After Abandoning Paralyzed Horse

Police charge James Grace 57 of 3736 Northwestern Ave with cruelty after abandoning a paralyzed horse at an excavation site at Nineteenth Street and Kessler Boulevard. Rain flooded the hole until the animal neared drowning and a mounted officer shot the horse.

James Grace Northwestern Ave Nineteenth St Kessler Blvd Grace

Lineman Killed by 2300 Volts in Indianapolis Area

Lawrence Slavens 26 of Plainfield died after being electrocuted while working atop a pole for Indianapolis Power and Light Company at Bellefontaine and Sixty-Second Streets. He fell forty five feet as voltage burned him. deputy coroner cites electrocution though neck fracture occurred on impact. Funeral planned Friday. he was to wed Dorothy Russell next month. Surviving parents Oder and Mrs Slavens, a brother Cecil, and sister Mrs Netah Bray.

Lawrence Slavens Plainfield Ind Indianapolis Power and Light Company Bellefontaine Claude E. Hadden Slaven R. Knight River Ave Slavens Dorothy Russell Indianapolis Oder Slavens Cecil Netah Bray

Negro Baptists Hold Sessions at Metropolitan Church

The Colored Indiana Baptists Ministers and Deacons Association opened its meeting at Metropolitan Baptist Church. Rev. C M Dinsmore spoke, John Thomas led forum discussions, and G A Martin presided at a day of welcoming, with officers elected including Martin as president and Wilson as treasurer. The Y W W Guild session followed at Mt Paran Baptist Church with Mrs A C Thomas presiding and officer elections planned.

Colored Indiana Baptists Ministers and

Burn deaths from gasoline incident. multiple injuries reported

One child died from burns after Franklin Klinger aged 7 and his sister Elizabeth age 9 ignited a bonfire with gasoline near Oaklandon. Elizabeth also died the following day. Franklin’s funeral is set for Thursday at Mrs. C. C. Hensley’s parlors. Other injuries include Dorothy Hood’s fall through a skylight and injuries from a traffic collision involving Mrs Brown’s car.

Franklin Klinger Frank Klinger Oaklandon Riley Hospital Elizabeth Franklin C. C. Hensley Udell St Dorothy Hood S. Meridian St Mary and Ruth Brown Lewellyn Brown Brookside Ave Gertrude Dobyns Brookside Commerce Aves Herbert Ash John Ash Birds Eye Ind City Hospital

Winchester council seeks halt on gas and electric rate hikes

The Winchester Indiana city council resolved to ask the public service commission to prevent proposed rate increases by Citizens Heat Light and Power Company and to pursue reductions. The commission had earlier approved new gas and electric light rate options and will set a hearing date, chairman Frank Singleton said.

Winchester Ind Public Service Commission Citizens Heat, Light and Power Company Frank @. Singleton

Airport Joint Committee Details Costs and Sites

The joint committee of Mayor L Ert Slack's airport group and the Chamber of Commerce heard the subcommittee report on cost sites and other airport factors today. Subcommittee members gave updates after visiting municipal airports in Chicago and Detroit.

L. Ert Slack Chamber of Commerce Industrial Commission Chicago Detroit

Building Permits and Housing Projects Listed

A bulletin of building permits shows numerous projects including a store front at 145 E Market valued at 8000 dollars by x More Products Company, and various garages and dwellings. Other items include a storage building at Thirty Fourth and Northwestern, a dwelling and garage at 5515 are, and repairs at 2363 N Alabama and 903 N Senate.

Paulinson N. Alabama Senate Realty Company N. Senate Lucy Brown S. Maple Central E. & Sa Schoniela Eneen

City in Brief highlights Indiana meetings and local notices

A roundup of early 20th century Indianapolis events includes podiatry and business luncheons, a corporate law reform commission meeting in Indianapolis, police reports on local crimes, and upcoming appearances by Dr. Harry McIIlroy and other officials. Officials address tuberculosis control funds, bankruptcy filings surface, and tax conference plans for August are announced.

MEET ON SECURITIES INDIANA BANKERS CONFERENCE

About sixty five bankers officials and economists met in the Indiana Statehouse to discuss investment trust securities. The Indiana Securities Commission and Indiana Bankers Association will draft rules to guide registration of investment trust companies operating in the state. Speakers included Frederick E. Schortemeier C Oliver Holmes Cedric H. Smith D Leland Robinson and T W D Duke.

Indiana Corporation Survey Commission Frederick E. Schortemeier Senate Statehouse Indiana Securities Commission Indiana Bankers Association America C. Oliver Holmes Gary Cedric H. Smith Chicago Smith, Burris & Co D. Leland Robinson New York T. W. D. Duke Chapman & Cutler

County Sheriff Bans Sunday Racing in Bedford

Sheriff John Tyree announced there will be no more Sunday races in Bedford or Lawrence County. The move follows courts allowing theaters to operate on Sunday, but Tyree says Indiana blue laws prohibit Sunday racing.

United Press Bedford Ind John Tyree Lawrence County Tyree

Hoover Seeks Rest as Air Travel Reaches His Palo Alto Yard

Herbert Hoover, Republican nominee, seeks solitude at Stanford area retreat while airplanes from across the country bring business leaders and officials for brief visits. Culver touts flights saving hours. Hoover fishes quietly and evades cameras amid a flying boom.

Paul R. Mallon United Press Palo Alto Cal Herbert Hoover Stanford University Hoover Pacific Coast

Local arrests on drunkenness and vagrancy charges

Fred Blasengym, 48, of 1541 Kelly St., faces drunkenness and operating a vehicle while intoxicated. Richard Beck, 19, of 901 King Ave., charged with operating a blind tiger transporting liquor and lacking title certificate. Clifford Fulton, 20, with Beck, charged with operating a blind tiger and vagrancy. William Knox, 19, and Paul Rodgers, 19, charged with vagrancy. Joe Palmore, 30, arrested for upside down front license plate and lacking title. Arrests were reported by Sergt. Robert E. Woolen.

Fred Blasengym Kelly St Richard Beck King Ave Robert E. Woolen Beck Clifford Fulton Michigan St William Knox Mooresville Ind Paul Rodgers N. Warman Ave Joe Palmore Marion Ave Merrill and West Sts

Despondent Chicago Japanese Man Found Dead in Dunes

In Michigan City Indiana a 45 year old Chicago Japanese man Edward Jimbo was found in the dunes with a bullet wound to the abdomen. Police say he acted in despondency over unemployment and died by self inflicted wound. Coroner returns a death by own action verdict.

United Press Michigan City Ind Edward Jimbo Chicago Jimbo

Furniture Dealer Dies in Bedford

Thomas H. Elston a 59 year old furniture dealer died at his Bedford Indiana home on August 3 municipal authorities said the death occurred at his residence.

United Press Bedford Ind Thomas H. Elston

Also Mentioned on This Page

U. S. Steel Banks and Exchange Lindy Atchison Ealt & Ohio Gaussian Pac Chesa & Chi & Aene 10 & N ‘West Nee del & Eden Oun del Lacka Grt Nor Erie Lll Central Lehigh Valley Kan City South Mo. Pac Nyc&s Central NH & H A Nor Pacific Norfolk & West Pere Penne Reading Southern Ry Southern Pac T Pac St Paul St & Pie St L&§ PF Texas & Pac Union Pacific West Maryland Abas Fisk Ll Am Car & Fdy Lima Loco Y Air Brake Westingh Air Bane Westingh Steels Bethlehem Eee Colorado Fuel Og Crucible Gulf States Inland Steel Phusrc&i Rettor & S Otis Steel U S Steel Youngétwa Vanadium Corp Motors— Am Bosch Mag Chandler Seseee Chrysler Corp Cont Motors Dodge’ Bros Chile Kennecott Magma Miami Co Texas Gulf Snr Atlantic Rig Barnsdale Aegese Freeport-Texas Houston Indo Oil & Gas Marland Oil Lago Oil & Pan-Am Pet B Philli Nigra Union of Eee SL One Royal Cut Shell Simms Petri Skelly Oil Sinclair Oil A. Allied Chemical Davison Chem Dupon Eee Wee Int Harvester Lambert Ews Kelvinator Enaeeo Ward Pittsburgh Coal Owens Bottle Orp Real Silk Sears Roebuc Rem Rand Union Carbide Univ Ipe Cs Ir Pipe Us&s Leather U.S Indus Alco Amer Am Tel & Tel Am Express Brklyn-Manh Cig&ee Consol Interboro Nor Am Co Nat Power Std Gas& Tee Va Utilities Power Aee West Union Intl Gor An Ship & Com Gulf & Weee Ind Mer M United Pruit Dreemner Bu Times Sand Firm Granite Company Corporation Unite’ Prese Ottate Stout Bay Cirls Walter and Mary Woodson Persh Commission Alg.s— Amer Cone Life Ask Beit R & Yds RR & Yds Central and Power Co Circle Theater Co Com Cities Service Co One Cities Service Co Citizens Gas Co Citizen Gas Co Equitable Securities Co Commonwealth Loan Co Nook Drue Wesc Ana Co Idiana Hote Co Ina Ea Northern Pub Os Co Laundry Co Com & Sons Fert Co Real” ‘Silk Hos Co Standard Oil of THI & E Trac Co Tracteres Union Trac Union Trac Co Union Tree Co Trac Co Central Gas Central Ind Power Co Wee Citizens Gas Co Citizens St Gary St R Ft. Wayni Indiana Hotel Co Ind Northern Trac Co Ry & Lt Co Nee Ind Service Corp Indpls Power Ind Tinton Trac Ingere A Indpls Co & So Trac Artins Trac Co Unitel Press Pittsburgh Sween Cincinnati Rte Bu United Press Wayne Pan Ae S Negro Baptists National Association of Chiropodists Use Podiatrists Lincoln All Indianapolis Engineering Club Board of Trade Real Estate Board Association of Credit Men Ens Club Spink Columbia Club Sigma Chi W. R. Drinkard N. Noble St Maude Johnson Deloss St Walter Johnson Shelbyville Guy John Raymond Duncan Robinson St Harry K. McIilroy American Chiropractic Association McIilroy American Society of Chiropractors Arthur L. Gilliam F. H. Brown Warrack Wallace Hawkins Mortgage Company Carl F. Wilde Lew Wallace Pearl A. Burris Tipton Philip Zoercher Indiana State Tax Board Boise Idaho Seattle Wash Harry Miesse Indiana Taxpayers’ Association Harry Culver National Association of Real Estate Exchanges Culver City William J. Kamm San Diego Allan Los Angeles Culver John Knight New York State Senate New York State la Honda Creek State Life Insurance CO State Life Bldg New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association Fletcher American Bank
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