Steels and Rails Offset Motor Stock Slump on Exchange
In early trading on Saturday the market showed a decline in General Motors offset by strength in steels and rails. United States Steel rose to 14914, while Chrysler and Packard advanced slightly. rail stocks led gains with Central Alloy Steel and Bethlehem Steel climbing.
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Wall Street Journal
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Bank clears and treasury balances across major cities
Indianapolis reports daily bank clearings of 3.867 million dollars with 6.59 million in debits. New York posts earnings of 467 million and a 102 million clearing balance. Chicago reports 105.5 million clearings and 12.8 million in the clearing balance. The Treasury notes an 263.954 million net balance for Aug 17 and customs receipts totaling 28.804 million for the period. Foreign exchange rates show various minor shifts across currencies.
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Stock Market Outlook Brightens Amid Industry Hope
The recent optimism in stocks stems from a strong industrial outlook and expectations of steadier credit. Caution remains due to money market fragility, as conditions will steer market irregularities, though the near term looks promising unless money conditions tighten.
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Thomson & McKinnon
York
Honest worker praised for returning lost purse in Indiana
Ollie Sechrest a coal wagon driver found a purse with 1000 dollars and turned it over to his employer rather than keep it. He faced ridicule from friends while Mrs Gladys Doherty offered a reward which he declined. The money was life insurance on her late husband. In Kokomo Jack Purvis a musician has signed a contract as a principal in a million dollar motion picture by a French company.
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Times Special Cie
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Ollie Sechrest
Gladys Doherty
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Kokomo
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Local Wagon Wheat Prices from Area Elevators
Grain elevators in the region are paying 23 cents per bushel for a local wagon wheat grade. Other grades will be bought according to merit and quality.
Livestock Markets Mixed With Gains for Pigs and Cattle
Hogs were up 10 cents per hundredweight and lighter pigs 25 cents higher at Union Stockyards. Cattle mostly steady with steers around 15 dollars less. Sheep and lambs steady to unchanged with good lambs at 13 to 14 dollars. Chicago open slow with loads at 12.50 to 12.60. Receipts about 4,000 with 399 held over.
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United Press
Cincinnati
Midwest and East market cattle and hogs report
Chicago to Pittsburgh and other cities report hog receipts around 35 000 with mixed trade mostly lower to steady across weight classes. Cattle and calves receipts total about 11 000 and 3 000 respectively with feeders steady while beef and dairy cows show varied declines and some strong vealers and stockers.
France Names Ambassador of Wine to Fight Prohibition
In Paris on August 20 France named M. Gaston Gerard mayor of Dijon ambassador of wine. He resigned his Dijon post to tour 20 countries in South America and the East to drum up anti prohibition sentiment. His first leg takes him to India and Indochina.
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Paris
France
M. Gaston-Gerard
Dijon
South America
India
Indo- China
Mules Runaway Near Linton After Frightened by Pony
A team of Marion Reinties mules in Linton Indiana ran away when one mule shied at a small pony. They tried to squeeze between two trees and were halted when the wagon would not pass. One mule broke free and returned home while the other stayed with the wagon.
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United Press
Linton
Ind
Marion Reinties
Cotton Market Preview Signals Delayed Crop Verdict
In New York the cotton market nears a 15,000,000 bale crop estimate as traders await further certainty. Futures opened steady with October at 18.67, December 18.60, and nearby prices around 18.52 to 18.60 while traders decide on positions.
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Thompson & McKinnon
New York
United Frees New York
Price list for fruits and vegetables in varying crates and weights
A detailed retail price sheet lists dozens of produce items with prices by crate or pound. Items include apples, cantaloupes, grapes, berries, lemons, limes, melons, peaches, pears, plums, watermelons, beans, cabbage, cucumbers, okra, onions, peppers, rhubarb, spinach, sweet potatoes, tomatoes, garlic and mangoes. Prices vary by region and size, with many home grown options and seasonal varieties noted.
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Duchess
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Hospital expert Dr. Christopher Parnell eyed as consultant
City health board may meet tonight to pick a hospital consultant as city council demanded an expert to study hospital needs. Dr. Parnell of Rochester New York is identified as a possible consultant and is said to be favored by some board members.
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Christopher Parnell
Rochester
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City Hall
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Tax Valuation Change Announced By State Board
State tax board announces removal of a 50 percent increase in tax valuation for Michigan City and La Porte after remonstrances. To reach total valuation, all incorporated town valuations in La Porte County are raised 20 percent.
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State
Michigan City
la Porte
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London Waits Kellogg Visit Amid Anglo American Talks
London officials weighed Frank B Kellogg's upcoming England trip on August 20 1926 with expectations of discussions on Anglo American relations and potential renewal of friendships from his earlier role as ambassador to the Court of St James.
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London
England
Frank B. Kellogg
Th Court of St. James
East Buffalo Market Report Hogs Cattle Sheep
East Buffalo market notes mixed receipts with hogs at 10 to 15 cents up for various weight ranges. Cattle and calves show steady to higher trends with beef steers around 12.50 to 16.25, cows 5.25 to 10.25, veal figures listed, and sheep receipts mixed.
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Cleveland
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Marten Aus
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Wheat and corn prices slide in early pit trading
Weak Liver pool quotations sent wheat sharply lower on the Board of Trade. Corn was irregular and oats slipped. Provisions rose slightly. Weekend weather favored harvesting in the Northwest and Canada. Traders expect a larger visible wheat supply and September corn tightness to influence trade.
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Chicago
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Board of Trade
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Grain Market shows less bearish tone in Chicago report
In Chicago on August 20 sentiment brushes away bearish tones as covering occurs. Markets face heavy spring wheat selling in the next sixty days while winter wheat movement grows, signaling rising stock. Prices seem low despite rallies amid mixed signals on corn with strong cash position yet favorable crop conditions and new crop deliveries discounting the outlook.
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Thomson & McKinnon
Chicago
Births Record List of Newborns by City Hospitals
A long birth notice lists numerous newborns with parents, addresses, and hospital locations including Coleman Hob iti and city hospital references. Names span Lawrence Robertson to Myrtle Tanasovich with many couples and infant mentions.
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Ansil
Stella Stamm
N. Haugh
Prank
Anna Sipe
Harris
Raymond
Dorothy Blackwell
Coleman Hospital
Floyd
Bessie Wentworth
Janine
Bertha Cummings
Faye Jerry
Dave Taylor
City Hospital
Henry
Jane Wilson
Sylvanius
Iya Gibson
Alcina Tuttle
Vernon
Laura Clark
Logan
Treyea Michell
Bernice Crutchfield
City Ospital
Plora Keil
Kosta
Myrtle Tanasovich
Dawson
Deaths in City Hospitals Highlight Pneumonia and Infections
A list of local deaths includes John SeNa 40 at city hospital from pulmonary tuberculosis and Mayme Scott 30 with tuberculosis at 535 Agnes. Thelma Jean Smith 1 at Riley Hospital died of dysentery while Mary Gallagher 73 at 1731 North Capitol suffered cerebral hemorrhage. Other entries note Lew Williams 53 at 1010 Edgemont with aortic remnant, Sarah Aspfurd 3 months at 3124 Phipps cholera infantum, Mary Barton 84 at 55 North Mount nephritis, Louise Oliver 11 months at Riley Hospital malnutrition, Arthur Shook 7 at city hospital accidental, William Smythe at Methodist Hospital enterocolitis, A Collyer 68 at Grand Hotel angina pectoris, Rosa McCormack 45 at Methodist Hospital broncho pneumonia, Mack 60 at Big Four Round House apoplexy, James Bacret 70 at Long Hospital, Edna Shutt 16 Coleman Hospital ritonitis, Ita Coy 75 at 1125 East Pratt hemiplegia, Banks 27 city hospital acute encephalitis, and Solomon Kiepfer 78 3740 Park chronic interstitial nephritis.
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John SeNa
City Hospital
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Agnes
Thelma Jean Smith
Riley Hospital
Mary Gallagher
N. Capitol
Lew Williams
Edgemont
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Phipps
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N. Mount
Louise Oliver
Arthur Shook
William W. Smythe
Methodist Hosve
Nk A. Collyer
Grand Hotel
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Methodist Hospital
Ee Mack
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Long Hospital
Mycca Edna Blanche Shutt
Coleman Hospital
Ita Coy
E. Pratt
Hemipre Ia Rt Banks
Solomon Kiepfer
Park
Byrd to select Scout for Antarctic expedition
Aug 20 report says one of six finalists in a Boy Scouts national contest may be chosen to accompany Commander Richard E Byrd on the Antarctic expedition as the organization’s representative.
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New York
Boy Scouts of America
Richard E. Byrd
Young People Elect Bethany Park Church Leaders
Officers were elected for the Bethany Park Assembly of the Christian Church youth conference. President Dick Clark Union City. vice president Robert Kellar Corydon. secretary Dorothy Phillips Newcastle. The older group convened.
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Bethany Park
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City in Brief Pocketbook Found by Mrs Henry Ochs
Mrs Henry Ochs of 3410 English Ave reported to police headquarters today that she found a pocketbook containing $90 and receipts. She said she
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English Ave
Market prices and local notices blend into city briefs
The page lists butter and meat prices from markets including Wisconsin cream and Lancaster products, then moves to Indianapolis receipts claims, and reports on a municipal lottery case, a police chase of a Whippet coach, and parole actions. It ends with a Veterans of Foreign Wars honorary citation to Governor Ed Jackson.
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Walter Butler
Marion County
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Three Issues Face Congress in December Session
Senator Caraway of Arkansas identifies farm relief flood control for Mississippi tributaries and cotton trading as the three key problems facing the December session. He urges a broad farm relief program and extending flood control upstream. He opposes the Smith cotton future exchanges bill, calling it cotton gambling.
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U S Wages Rise Over Living Costs 1913 1922
Washington reports from the Department of Labor show wages in 1920 on an hour basis 134 percent higher than in 1913, the peak. By 1921 and 1922 wages declined to just over twice 1913 levels while the 1920 cost of living stood 109 percent above 1913. Despite higher living costs workers remained about 12 percent better off than in 1913 due to wage gains.
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United States Department of Labor Statistics
Atlanta forfeits 14 games for roster violations
John Martin, president of the Southern Association, announced Atlanta must forfeit fourteen games as victories for violating the league rule on Class A player limits. Little Rock, Nashville and Memphis gain three victories each. Chattanooga gains five, with Birmingham filing the complaint.
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Mount Whitney Crew Sets Altitude Record on Trail
Visalia reports Mt. Whitney Giant Forest Trail crew members reach 12,200 feet after earlier postings in Death Valley 300 feet below sea level. The transfer to the high slope marks a notable altitude ascent for the construction team. In White Plains, a judge likely grants a reprieve for Mrs. Angelina Comi’s chow dog sentenced for biting a boy.
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Cigar Dividends Up in New York
United Cigar Stores Company of America increases annual cash dividend from 80 cents to 1 dollar per share by a 25 cent quarterly dividend payable September 29 to stockholders of record September 12. No common stock distribution authorized.
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United Cigar Storesmpany of America Today
United States Best Fitted for Future Gas Warfare
Evanston Illinois news reports H Edmund Bullis of the National Association for Chemical Defense telling chemists at Northwestern University that chemicals and gases will be used in future warfare despite treaties. He argues gas weaponry is effective, affordable, and historically accepted when new arms appear, and cautions public misperceptions linger about gas dangers.
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