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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 16, 1928

Page

4

Stock market climbs to new highs on mixed futures

U S steel and American Can led a broad stock advance as the market opened higher. General Motors and Kroger posted gains while Chrysler shared a price drop on profit taking. The Dow Jones industrials rose 5.32 points to 219.40, near the prior peak.

United Press NEW York Stock Exchange American Can General Motors United States Steel Kroger National Cash Register Warner Brothers Pictures Inland Steel Missouri-Kansas-Texas Missouri Pacific Chrysler Wall Street Journal Financial Review Today

Banking clearings and currency rates report summary

Indianapolis bank clearings today totaled 3 908 000 with debits 7 795 000. New York clearings reached 990 000 000 and balances 116 000 000 with 96 000 000 Federal Reserve credit. Chicago clearings were 110 400 000 with a clearing balance of 8 700 000. Treasury net balance August 14 was 289 921 125.75 with customs receipts for August 14 at 23 800 279.52. Foreign exchange opened irregular with sterling at 4 84 4. francs 3 90 4. lira 5 22 4. marks 23 02.

New York United Press Clearing House Federal Reserve Bank Chicago Treasury Washington United Press New York

Prisoner Wallace Extradited to Michigan in Detroit News Holdup Case

Frank B. Wallace also known as Gustin will be extradited to Michigan for trial on the murder of a police officer during a holdup at the Detroit News offices on June 6. Massachusetts Governor Fuller denied a request to keep Wallace for local trial. A separate note reports Horatio Davis offering a $25 reward for the theft of two walnut dressers and a white porcelain kitchen cabinet from Westland High School in Hancock County.

United Press Boston Frank B. Wallace Gustin Michigan Detroit News Alvan’ T. Fuller Wallace Massachusetts Horatio Davis Greenfield Ind Westland High School Mancock County

Letter sparks fight between two Apt. residents

Mrs. Chester Becker and Mr. and Mrs. Harry Mack clashed after a letter calling her a red whisky nose. Police were summoned at 9 p.m. and Patrolman Hodoga filed the case. Special Judge Shropshire fined Chester Becker $10 and costs for assault and battery.

Chester Becker Apt. 4 Market St Becker Harry Mack Apt. 2 Vasser Hodoga Macks Beckers Mack John Shropshire

Truck Driver Fined After Municipal Court Ruling

Special Judge Charles Kaelin fined Virgil Goodwin 50 dollars for improper driving following a crash at Tibbs Ave and Speedways Rd. Goodwin's Standard grocery truck hit Alfred Fitch's car, turning it over three times. Fitch, of Brownstown, was slightly injured and the car demolished. Joe Hatfield, 60, died from injuries after a buggy was struck on State Rd 52 by a auto driven by Mrs. A L Belden of Fruita Colorado.

Charles Kaelin Virgil Goodwin Minker St Tibbs Ave Speedways Rd Goodwin Alfred Fitch Brownstown Fitch Lebanon Ind Joe Hatfield A. L. Belden Fruita Col State Rd

Hogs Steady With Top Price At $13 In Market

Hog prices held at $13 while receipts around 5 000 and 300 holdovers from Wednesday are noted. Afternoon Chicago market shows hogs 12 12.90 top with 16 000 receipts and beef cattle steady, vealers up modestly, sheep and lambs steady with fat ewes around 4.50 to 6.50.

Hogs and cattle prices mixed across multiple markets

receipts at Toledo East Buffalo Cincinnati and Pittsburgh show hogs firm to 15¢ higher with heavy volumes and varied weights trading between 12.25 and 13.35. Cattle and calves broadly steady to firm with beef steers reaching about 16.75 and vealers near 18. Sheep mostly steady with fat lambs around 14.25 to 14.75. Market receipts quoted from Louisville and Cleveland also reflect steady demand across hogs cattle calves and sheep.

Pulag Stanay United Press Buffalo Pittsburgh

Fresh Market Prices for Fruits and Vegetables

A listing of assorted produce with home grown and regional items. Apples in baskets and crates priced from $1.50 to $7.50, berries and stone fruits listed with crate values, citrus from California and Jamaica, and a wide range of vegetables including beans, cabbage, corn, cucumbers, okra, onions, peppers, and tomatoes. Also notes miscellaneous items like cider and garlic with unit prices.

Duchess Fanc Indiana Georgia California Jamaica Florida Kentucky Louisiana Michigan Engolan Okra Tennessee Erie New York Virginie Mara

Brighter Stock Market Outlook Prompted by Easing Credit

New York traders see a brighter session as favorable trade prospects and easier credit conditions emerge. Belief grows that the Federal Reserve will soon begin purchasing government and other credit instruments, easing uncertainty and signaling a potential market trend.

Thomson & McKinnon New York Federal Reserve

Cotton Market Eyeing 1900 Cents as Decline Looms

New York August 16 futures opened lower with Oct at 1860 and Dec at 1879 as traders warn of real deterioration and bearish sentiment while hedging pressure from southern bulls hints at a major move to prevent further declines.

New York Ang United Press New York

Market Prices Across Butter Eggs Poultry and More

Wholesale butter No 1 48 490 No 2 46 47 cents per lb butterfat 46 47 cents lb cheeses various prices eggs bovine fresh delivered Indianapolis poultry buying prices hens 20 22c leghorns 14 15c etc 1928 spring New York Aug 16 flour pork lard sugar coffee tallow hay dressed poultry live poultry cheese steady potatoes various regional rates Cleveland Aug 16 butter extras 48 50c eggs extras 37c firsts 34 32c heavy fowls 28 30c leghorns 20 22c bakers and farm prices shown for multiple regions.

Wisconsin New York Indianapolis United Press Midwest Ravn Rio Santos No Long Island Low Island Jersey Southern Sweet Southern Cleveland U. Ave Virginia Chicago Kansas Missouri U. S Maine

Local Wagon Wheat Prices For Various Grades

Local wagon wheat buyers quote $1.23 for No. 1 and $1.23 for No. 2 hard wheat. Other grades priced on their merits.

Marines Rout Sandino Rebels Near Espanolita

United States Marines under Captain Edson advanced on Sandino forces near Espanolita in Nicaragua. Four rebels were killed, one wounded, and five captured in a brief engagement, with no Marine casualties. A prior skirmish left one Marine dead and three injured.

United Press Managua Nicaragua Marine Edson Augustino Sandino Espanolita

Seamen Lost As Pacific Storm Hits Off Mexico

A fierce Pacific storm off the Mexican coast washed seamen from the Mystic Line freighter William A. McKenney and sank part of its lumber cargo. The Swedish motorship Santos reports losing its second officer.

San Pedro Cal Pacific Mexico Mystic Line William A. McKenney Santos

Hogs and cattle receipts dominate Aug market report

United Press Behind notes hogs receipts 16 000 and cattle with 1 000 calves 2 500 as market opens higher but slows later. Prices top at 13 for 190 210 lb hogs. Cattle and calves show mixed results with heavy ranges of prices and notable strength in vealers and certain weight classes. Poultry and produce details complete the Chicago market brief.

Wheat Drops on Optimistic Crop News at Chicago

Optimistic crop reports and weak Liverpool quotes pushed wheat lower on the Chicago Board of Trade. September corn and deferred deliveries weakened while oats declined. provisions inched higher as favorable Canadian weather eased frost fears and hedging pressure intensified.

United Press Chicago Liverpool Board of Trade Canada North Dakota Nebraska Ilinois

Bandit Suspect William Thayer Captured After Auto Heists

Police haul in William Thayer 22 of 1304 College Ave after a holdup spree on the National Ad. He denied role in the shootings that killed Edward Reiter and Robert Longstaff, as officers pursue the gang. Thayer bonded at 10000, ex convict with Reiter in Crawfordsville auto theft case.

William Billy) Thayer College Ave Fred Drinkut Thayer Edward Reiter Lexington Ave Reiter Robert Longstaff Tenth St

Inquest Set Over Fatal Green Mill Shooting

Coroner Keever scheduled Tuesday morning for the inquest into the fatal shooting of Terence King at the Green Mill last week. Detectives report two Negro waiter witnesses vanish. Witnesses Jewel and Terry, both with vagrancy cases continued to Oct 16 with $1,000 bonds.

C. H. Keever Canada Terrence King Green Mill Keever Harry Jewel Senate Ave William Terry Gladys de Vore Margaret Ford Illinois St King Phillip Smith Shropshire Smith Bessie Gipprich

Riot case delayed in Municipal Court after Ravenswood melee

John Wise, 30, of 1749 Olive St., arraigned on assault and battery charges with case continued to Sept. 6. The fight at Ravenswood left Patrolman Frank Dilatore badly beaten with a blackjack and drew a riot call. Siblings Chester, William, Roy Wise and Carl Martin of Smith's Woods were detained. Wise remained at large until Wednesday night.

John Wise Olive St Ravenswood Frank Dilatore Chester William Roy Wise Carl Martin Smith’s Woods

Prince & Whitely Celebrates 50th Anniversary

New York stock exchange house Prince and Whitely marks its fiftieth anniversary today Aug 16. Employees with two or more years of service receive a 250 dollar bonus. The firm’s main offices are in New York with branches in Chicago Akron Cleveland Philadelphia Newark Albany Hartford New Haven and New Britain.

United Press New York Prince & Whitely Stock Exchange House Chicago Akron Cleveland Philadelphia Newark Albany Hartford New Haven New Britain

Dorothy Mackaill Tops Studio by Speaking Up

Hollywood August 15 Dorothy Mackaill nicknamed the feminine Adolphe Menjou for her pushy stance. After clashing with First National executives she complained to Richard Rowland, prompting a script rewrite and a one week delay for The Whip before production.

Dorothy Mackaill Dan Thomas NEA Hollywood, Cal Dorothy Dot National Richard Rowland New York Miss Mackaill Adolphe Menjo

Building Permits Ledger List From City Records

A compiled rundown of building permits including furnaces, dwellings, garages, and additions. Entries show owners or contractors, street addresses such as 1640 N Meridien 3397 N Sherman 3430 Garden and costs ranging from a few hundred to over five thousand dollars.

N. Wadler N. Meridien Ence Erwin N. Sherman E. F. Mann H. Dollman New Jersey Cc. Goins N. Rochester H. B. Prieshoff Blaine Mercher N. Grant F. Fulk E. Washing Ise Aera Drummond N. Oler G. Alberstis Brookside Reene Fens Union Kenwood Advance Paint Company W. McCarty T. Duncan College Bethlehem Primitive Baptist Fifteenth Morgan Minnesota Gisen Omni

Births and twins named in 1904 Martinsdale notices

A catalog of births and families listed with pairings of parents and residence. Entries mention twins Harrison and Ella Boyce, and many other paired names such as James and Lulu Jeter, William and Myrtle Ferguson, and Marie Behnke, among numerous addresses including 1131 N Belmont, 2348 Schofield, 1442 S Richland, and 1440 S Pershing.

James Lulu Jeter N. Belmont William and Myrtle Ferguson Schofield Anon Birdie Haynes Arbi Seat Vada Biddison Remran David Mary Kellar S. Pershing Asne May Leeds W. Thirtyt Fan Marie Behnke E. Twena Bertie Lula Bartley S. Delahig Ann Duran Pershing Dewey Pearl Fordree Ta Young S. Richland Nathaniel Matilda Durham

Local Obituaries List Multiple Hospital Deaths

Death notices include Marjorie Elsey eight months at 1202 Haugh from gastro enteritis Mary Pendergast Wilson 57 at 1004 N Pennsylvania from acute uremia William McCord 76 at Central Indiana Hospital with chronic myocarditis Armintha Patterson five months at city hospital with enteritis Thomas Rubush 74 at Christian Hospital with bronchopneumonia Harvey Fisher 71 at Fifty Second and Cerrollton with myocarditis John Bees 60 at Central Indiana Hospital with chronic gastritis Catherine Parsons 84 at 1820 N Illinois with chronic pleuritis Mary Emma Stewart 54 at Methodist Hospital with acute thyrotoxicosis Margaret O Hara 77 at St Vincent Hospital with broncho pneumonia Lucy Taylor Ray 71 226 Smith with carcinoma

Marjorie Marie Elsey Haugh Mary Pendergast Wilson Pennsylvania William McCord Central Indiana Hospital Armintha Patterson City Hospital Thomas R. Rubush Christian Hospital Harvey Fisher Cerrollton John L. Bees Catherine Parsons Illinois Mary Emma Stewart Methodist Hospital Margaret O'Hara St. Vincent Hospital Lucy Taylor Ray Smith

Sugar futures rise in New York market

Sugar futures advance in New York open with gains across monthly contracts. March at 2.80, May 2.57, July 2.62, with small declines noted for some months and overall higher prices reflected in early trading.

United Press New York Up Ok Saati o.Oh

Topeka Plans Curtis Party for Presidential Nominee

Topeka prepares for a Curtis party as 25 000 visitors converge on Kansas Avenue and the Statehouse area. Senators governors and national committee members will attend a large public event with multiple bands and crowd-control by the Kansas National Guard and scouts.

United Press Topeka Kan Charles Curtis Curtis Republican Party Republican Nauonal Committee Kansas Ave Kansas National Guard Kansas New York Kansas City Charley Curtis Wichita

Siamese twins delay operation amid publicity storm

Dr Francis Weston says Mary and Margaret Gibb of Holyoke Mass will not undergo the unusual severing operation today until newspapers stop detailing their case. He cites the sensational publicity as upsetting the twins and their parents and delaying the procedure.

United Press NEW York Francis

Smiths Running Mate to Enter Race as Joe

Aug 16 Arlington Hot Springs Ark Democratic vice presidential candidate Joe T Robinson will be officially entered in the fall campaign as Joe. Invitations for notification ceremonies issued today place Hon Joe T Robinson in bold type. Robinson, senior Senator from Arkansas, is known as Joe to close Senate friends and will be notified to join Al Smith at Arlington Hotel on Aug 30.

United Press Washington al Smith Joseph T. Robinson Arlington Hotel Hot Springs Ark

Lost British submarine L-55 recovered from Baltic Sea

The rusted hulk of L-55 and skeletal remains of crew were recovered, indicating all hands perished when the submarine was sunk by a Russian destroyer on June 4, 1919, near Kaprosky Bay. Kronstadt salvage followed, with unidentified skeletons found inside the inner compartments. The war department studies the wreck to determine sinking conditions.

Eugene Lyons United Press Moscow Baltic Sea London Jayne Admiralty Kronstadt Kaprosky Bay Agart Gavril War Department

Rogers Funeral Held for Indiana Anti-Saloon League Official

Funeral services were held today for Carl F. Rogers 40 N Boston Ave field secretary of the Indiana Anti-Saloon League who died Monday. Services were at Irvington M E Church burial in Washington Park cemetery with the Masonic lodge in charge. He formerly was Indianapolis representative of the Oliver Chilled Flow Works and was appointed field secretary for the Anti-Saloon League in 1924. Surviving are his widow and two sons Kenneth and Ralph Oren Rogers.

Carl F. Rogers Boston Ave Indiana Anti-Saloon League Irvington M. E Washington Park Cemetery O. W. Fifer Indianapolis Methodist Episcopal Church Masonic Lodge Rogers Oliver Chilled Flow Works Anti-Saloon League Kenneth Ralph Oren Rogers

Germany Rises to Fourth in World Shipping

Berlin reports Germany moved to fourth place in world shipping this week with the launch of the North German Lloyd line sisters Europa and Bremen. Germany trails only the United States and Great Britain with Japan nearby, up from sixth last year behind Italy and France.

United Prose Berlin Germany North German-Lloyd Line Europa Bremen Japan United States Great Britain Italy France

Prisoner given 30 days at Indiana State Farm for wounds

Douglas Davidson, 25, Negro, appeared in municipal Court Three with bandaged head after a fight. He pleaded guilty to petit larceny for stealing three dresses from Mrs. James Maddox of the Yandes Stade dress. Judge John Shropshire Smith fined him $10 and said wounds would heal in 30 days on the farm.

Douglas Davidson Yandes Sr Indiana State Farm Davidson James Maddox Yandes Stade John Shropshire Smith Smith

Relieve Pain by Movie Dentist Tests Comedy in Dental Chair

In Boston on August 16 1936 Dr James H Daly of Tufts College tested a motion picture comedy as a pain killer during tooth extractions and fillings. Patients watched the film in the chair and Daly said the movie proved almost as effective as local anesthetics and could have a permanent place in dental offices.

Boston James H. Daly Tufts College Tufts Dental Clinic Daly

Also Mentioned on This Page

Banks and Exchange Liv Eali & Ohio Chesa & Ohio Wes & N Wes Bela Hudson del Cka Ees Erie Ist Pfd Grt Nor P Ill. Central Lehigh Valley Kan City O “Ge Se Mo Pac Central C& Ess H & Sees Nor Pacific Norfolk & West Pere Marquet ‘ i Southern Southern Pac St Paul Pfd. S Stl&sf Ll Texas & Pac Union Pacific West Maryland Wee Eee JAX Goodrich O Goodyear Kelly-Spgild Sete Youngaiwn Stil Ak Motors Chandler Chrys Corp Dodge Bros Gardner Strom Cart Willys-Over al ‘ Kellow_ Coacl ae Mining Am Smit & Rig U Ana Op Cal & Ariz Cerro de Pa Chile Magma Miami Barnsdale Freeport-Texas Houston Ss Nap Tl & Gas Eee Lago Oil & Tr Pan-Am Pet Phillips Petro Pure Oil Union of Boyer Dutch Ace Ose Shmmas Petrol One Sinclair Oil Skelly Oil One Std Il Cal Ces Davison Montgom Owens Jottle Sears Roebuck Union Carhices Oe Univ Pipe Victor Indus Alco Warner Bros Wright Commonwealth I Nor Am Co Nat Power Pub Sve Wee Std Gas & el Utilities Power Fleischmann Jewel Tea Jones Bros Natl Biscuit Nat Dair Easere Ve Ward Baking B Sumatra General Ciga Lorillard Lig & Meyer R J Reynolds United Cigar Schulte Toledo United Preas Cincinnati Bel Ream Louisville FT. Wayne Commission Chicago Grain Table Rstshees Fe Agnes NAB Adolphe Menjou Menjou Kleig Harrison Ella Boyce Martindale Stephen Gladys Richards Sutherland John Jennie Segraves Eee Arsenal Rosa Barber Yandes Alvin Norma Kessler Joe Robinson Baltic Dry League State Farm New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association Fletcher American Bank Lincoln
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