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Indianapolis Times in Indianapolis, Indiana

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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 21, 1929

Page

8

Motor shares rally stocks after decline

Motor shares led a late rally in the stock market amid a day of marked irregularity. General Motors added substantial market value, with Chrysler Nash Hudson and Packard in strong demand. DuPont Union Carbide and United States Steel hit new highs, while International Telephone American Can General Electric fell several points.

United Press New York General Motors Chrysler Nash Hudson Packard Auburn Dupont Union Carbide United States Steel International Telephone American Can General Electric American Bethlehem Steel Erie Pennsylvania Eastman Kodak Air Reduction American Machine and Foundry Shubert Theater Texas & Pacific Wright Aero

Survey finds most salaried workers lack bank credit ties

A Leslie C Harbison survey shows nine of ten salaried workers in the United States have not established banking connections enabling them to obtain credit at a regular bank. The findings come from Harbison, president of Household Finance Corporation.

United States Leslie C. Harbison Household Finance Corporation

Weather report finds cotton crop hurt by drought

Bay United Press reports the department of agriculture says the past week brought unfavorable cotton conditions due to deficient moisture across the western belt. Rain was scant except in the northeast, with coolness in north central districts and mixed harvest impacts in the southeast. Virginia and the Carolinas remained generally favorable, while Florida and Georgia faced moisture issues and varied progress in Alabama and Mississippi.

Bay United Press Washington Department of Agriculture Virginia Carolinas Florida Georgia Alabama Mississippi

Bank clearings and treasury balance summaries

Indianapolis reports Wednesday clearings of 3 933 000 with debits 7 860. Chicago records clearings 125 800 000 with balances 10 500 000. New York logs 1 637 000 000 in clearings with clearing house balance 161 000 000 and reserve balance 161 000 000. Washington notes Treasury balance 106 927 544.90 as of Aug 19 and customs receipts for the month to that date 33 634 336.92.

Indianapolis Chicago United Press New York Clearing House Cgi Reserve Bank Treasury Washington

Livestock Prices Mixed at Fort Wayne Market

United Press dispatch from Fort Wayne Indiana reports cattle and calves receipts near 75 and 50 hogs 400 sheep 200. Market steady to 25 cents higher with price ranges listed for multiple weight classes including 90 to 120 pounds at 10 dollars and up to 275 to 300 pounds around 10.25. Calves and lambs also shown with strong notes.

Hogs Sell Off Slightly at Stockyards Market

Hogs were steady to 25 cents higher with 140 to 200 pound hogs bringing 10.50 to 11.50. Receipts about 5,500. Slaughter classes slow while cattle and calves show steady tone. steers 11 to 15.75, vealers 15 to 16, calves 7 to 12.50. Cattle receipts around 1,100. calves about 700. Sheep market steady. Chicago hogs 21,009 with 4,570 directs. holdovers 9,000. Indiana and Indianapolis prices vary by weight. cattle 1,100 receipts. vealers 15 to 16. beef steers 11 to 15.75. cows 6.75 to 10.50. Sheep 1,800 receipts. fat lambs 12 to 13.50. ewes 4.50 to 6.50.

Union Chicago Indianapolis United Press Pittsburgh United Preas Buffalo N. Y

Grain and Livestock Markets Across Cities Aug 21

Chicago hog receipts 21 000 slow market steady top 11.50 for 170 200 lb loads cattle and calves dull uneven lower week steel at 16 75 for choice steers etc. Sheep receipts 22 000 steady natives 13.25 13.50. Louisville Cincinnati Cleveland Toledo Pittsburgh and other towns report mixed steps with hogs steady to higher and cattle and calves varying, top hogs 11 12, beef steers 9.5 13.5, vealers 12 18, fat lambs 12 14.50, ewes 3.5 6.5.

United Press Chicago Au Timer Louisville

Real Silk Hosiery Mills restarts common stock dividend

Directors set a regular quarterly dividend of 1.25 dollars on common stock with Oct 1 payment to record Sept 13 placing the common on a 5 dollar annual basis. Preferred stock dividend remains at 1.75 dollars.

Middle West Utilities Company Evwrace J. Knrper American Telephone and Telegraph Company H. Blair-Smith Real Silk Hosiery Mills, Inc Porter M. Farrell Indianapolis

City in Brief Thursday events and notices

A roundup lists club luncheons and events including Advertising Club American Business Club and Sigma Nu gatherings, plus a ward on city activities. It notes a card party at Firemen's hall and pushmobile races at Orchard playground, plus a theft report and a glass bottle trend report from Thatcher Manufacturing.

Advertising Club Columbia Cub Indianapolis Ladies’ Society of the Brotherhood of Locomotive Firemen and Enginemen Firemen'’s Hall Shelby Street English Avenue Orchard Playground West Forty-Second Street

Local Wagon Elevators Post Wheat Prices

Local elevators report payment of $1.24 per bushel for edible wheat and $1.21 for No 2 hard wheat, reflecting market bids in the region.

Weakness Fades As Wheat Pit Opens In Chicago

Wheat fell at the opening of the Chicago Board of Trade with selling continuing but absorption stronger than the prior session. Corn and oats showed mixed moves while lingering rains and hot dry weather weigh on the belt. traders cited export uncertainties and a Canadian Pacific denial over a false report.

United Press Chicago Chicago Board of Trade Liverpool Winnipeg Canadian Pacific Railroad

Grain Prices and Cash Markets Reported by United Press

Toledo grain market closes show Wheat No 2 red at 1.30 to 1.31 1 31. Corn No 2 yellow 1.07 to 1.08. Rye 1.05. Oats No 2 white 0.52 to 0.53. Barley No 2 0.67. Clover domestic cash old 14.50, Oct 19.25, Dec 13.50. Timothy cash 2.25, Dec 2.40. Alsike cash 10.60, Oct 10.80, Dec 11. Butter 44 48. Bees 33 to 35. Hay 6.25 per cwt.

Asphalton Railroads Atchison Teas Coast Line Ohio Gildden Canadian Balt Pac Chesa Bile Lambert Sila del & Seddaga Kolter Eeeee Ee & Lacka Mts Eric Ist Keith Nor Pr Lehigh Valle Sears Roebu Union Carbide NYC & Ep T Univ Pi NH & H Cs Ir Pi Co Nor Pacific Indus Air Pa Nore & Wes Woolworth Co Wright Aero Utilities Tel & Tel Pr & Lt . Ee Air Southern Ry Southern Pac Ajax Utilities Power Sita West Union Tel Geansen Gulf & Bee United States United Pruit aCr & Fdy Armour Am Steel Canada California Fleischmann Co Lis Grand Union Westingh Airb Westingh Elec Kroger Ene Bethlehem Pena Tron & Stl Et Eeewes Newton Sae Genera Lig & Meyers Warren Foly Sss R J Reynolds Oungston Stl Vanadium Corpus Os Eee Schulte United Cigar St Motors Bosch Mag Briggs Ue Brocway Mo Chrysler Corp Eaton Graham Paige Borg Warner Gabriel Snubb Hudson Hayes Auburn Packard Peerless Pierce Arrow Studebaker Cor Stew Warner Willys-Overland Inspiration Howe Loun Kennecott Magma Miami Phillips Petrol Prair Oi Union of Cal Royal Dutch One Shell Ceeeey Simms Petrol Sinclair Oil Shell Oil Crone Ceee Tidewater Texas Cor Ise Texas CO Ady Rumiley Allis Chaime Allied _ Chemie A M Byers Uy Armour A Amerian Bits Alleghancy Corp Amafety Raz Alita Davidson Chem United Presa Toledo Timothy Alsike

State to Seek Death Penalty in Assault Case

Blueford Abbott, 24, faces charges of criminally assaulting Ruby Taylor, 19, a country school teacher, after being dragged from her workplace July 22. The state will seek the death penalty though many jurors oppose capital punishment as a third venue is chosen and a jury is formed in Monticello Kentucky. King George V's health improves and he may travel to Sandringham Palace within days.

Ryu United Press Monticello Blueford Abbott Ruby Taylor Miss Taylor King George United Press London George V Sandringham Palace

Market Prices: Fruits and Vegetables on Commission Row

A listing of fresh produce with prices for fruits and vegetables. Items include oranges, apples, grapes, lemons, peaches, raspberries, and melons from California, Jamaica, Michigan, and more, plus home grown and regional varieties with per crate, per bushel, and per dozen pricing.

California Jamaica Valencia Indiana Michigan Washington Crete Washingtons

Clew Reported in Cancer Cure Search by Dr Sokoloff

Dr Boris Sokoloff of Prague presented a potential cancer cure clew at the thirteenth International Physiological congress in Boston. A compound of iron and suprarenal gland extract arrested malignant growths in about 10 percent of over 1,000 animal experiments, liquefying cancer cells while sparing healthy tissue. Effects appeared in three to five days for small tumors and about fifteen days for larger growths.

Science Service Boston International Physiological Congress Boris Sokoloff Prague

Canadian Wheat Situation Reaches Serious Proportions

Montreal storage holds 12,620,123 bushels of 15,000,000 capacity while 36 lake boats await unloading. Orders total 315,070 bushels as hundreds of sailors are unemployed. Shipping lines report layoffs across Fort Williams, Sarnia, Collingwood, Midland and Kingston, with no signs of an easing tieup. Experts link the crisis to the wheat pool and uncertain Western Canada harvests amid shaky European demand.

United Presse Montreal Canada Steamship Lines, Ltd Fort Williams Sarn Collingwood Midland Kingston W. Crawford Matthews Company Ft. William Winnipeg Montreal Harbor Commission

United Cigar Stores Sold to Gold Dust Syndicate

New York reports the United Cigar Stores chain, with over 3200 outlets, is sold to a syndicate led by George K. Morrow for an estimated value surpassing 100 million dollars. The Morrow interests control assets beyond 200 million and plan to use the chain as a distribution hub for cigars, tobacco, candy, food and drug products.

Walthal Radio Corporation Wextark Radio Stores, Inc Simon Wexler Walthal Greater New York Walthal’s Wexler Wextark United Press United Cigar Stores George K. Morrow Morrow Frederick K George Morrow United States Canada United Cigar

Market Prices for Butter Eggs Poultry and Cheese

Chicago New York Cleveland reports show wholesale butter prices around 46 49c per pound, cheese at 22 23c for Twins and Young Americas, eggs steady with firsts near 35c, poultry varied with fowls 28 to 35c, leghorns 24 25c, ducks 18 23c, and turkeys 24 to 46c. Regional potato values and beef fat lard also listed with several grade distinctions.

Wisconsin New York Tairaour Kennery United Press Chicago Turkers Roosters Broilers Young Americas Triumph Nebraska Minnesota Sands Ohios All United Middle West Long Island Southern Young America

Births Report From St Vincent and Coleman Hospitals

A long list records births at St Vincent s hospital including Allan Mullener Marie Mullener Harry Kryter John McCarty Lawrence Croker Eugene Morrison and more. Additional entries note births at Coleman hospital Saint Vincent s and Methodist facilities with guardians and addresses.

Allan Marie Mullener St. Vincents Hospital Harry Lillian Kryter St. Vincent's Hospital John Alice McCarty Lawrence Charlotte Croker Eugene Regina Morrison St. Vincent’s Hospital Clarence Louise Zork St. Vincent's Hosital Ora Jemina Taman St Vincent's Hospital Alfred and Florence Cowan Harold and Marjorie Hinman Bruce Evelyn Reemer Isaac Katherine Wall North Heel William Dorothy Brooks Dewey A Ross Mary Terry Coleman Hospital Roy Catherine Stapleton Segeenn Jennie Hurley Coleman Hosptal P Franks Francis Farmer North Bradley Brazie Josephine Sansone East Merrill Richard and Helen Miller Methodist Hospital Leonard Gertrude Beckerich Vincent's Hospital James and Anna O'Brien Bt. Vincent's Hospital Iva Burris Erven Cecile Smith Harvey Bessie Whalen River Satan Ethel Heringlake Coleman Ospital Cote Alice Hatt Coleman Hostal Aide Leora Conner Charles Maxine Garing North Rural Theo Core Roger Russell William and Mary Wood North Pine

Building Permits and Costs Listed for Multiple Projects

City building permits show numerous projects with addresses and prices. Notable items include Henry Eitel garage at 1809 North Merid fan costing 200 dollars and Morgen reroof at 1212 Oregon for 2 dollars, among others from General Baking Company to Standard Oil and Homedell Realty Company.

Henry Eitel North Merid Fan E. B. Morgen Oregon A. B. Morgan West Standard Oil Company New York Rural William Prosch West Forty-third H. L. Simmons Pennsylvania Acme Works South Harding W. Williams J. Eubank George Applegut Mount Hitch Realty Company Albany Central Wall Paper Company South Meridian DS Echaeffer North Ridihiam Binh Haws

Also Mentioned on This Page

Dupont Sports AETNA Thomson & McKinnnon Banks and Exchange UGES Maryland St New York Stock Exchange Chicago Stock Exchange New York Cotton Exchange New York Curb Association Fletcher American Bank Lincoln Guaranty Blog Commonwealth Loan Co J. H. Aufderheide Riley Indianapolis, Ind FT. Wayne Ind Marion Paint Co South Meridian Street State Life Insurance CO State Life Bldg Cincinnati Cleveland Bu United Press Motometer Gauge and Equipment Corporation Royce G Martin National Raw Silk Exchange EL Paso Tex A_ Detroit Lockheed Mexico City Torreon Chihuahua Fairfax Kansas City Mark W. Woods Fairfax Airports, Inc Woods Brothers Corp Airlane Crminal Lion Oil Se Company el Dorado, Ark Col T. H. Barton The Temple Corporation Studebaker Revue Internationale de l'Automobile International Automobile Association of Automobile Clubs of Paris H. L. Beinman East Tanth Street Thatcher Manufacturing Company Chicago Grain Table Rv Times Ave Kentucky American Central Lins Co Belt R R & Yds Co R R & Yds Seanee Bobb's Merrill Central Ind Power Ca Circle Theater Com Hook Drug Co Horuf Shoe Corp Ind Hotel Co Claypool Ind Hotel Seetor Ind Serv Cor Indpls Gas Sessican Indpls & Northwin Tr Co Indpls Po Senese Indpls Rco Indpis Wa Co Buti Northern Ind Pup Metro Co Northern Ind Pert Co Real Silk Hosiery Co Standard Oil of Indpis & Ee Co Trac & L Co Cocain Camp R&s Cent Ind As Co Central Power Co Oon Be& N Citizens Gas Ace Citizens Street Railroad Sa Gary St Ry Ft Wayne Indiana Hotel Co Northern Trac Co Ind Railway & Lint Indiana_ Service Indpls Power and Tie Indes Union Trac Co Fils Indplrac Indane Atts Gas Co Martinsville Interstate Public Service Interstate Public Cervice Co Ind Pub Service Ind Telegh Co T H & E Trac T H Trac and Light Co Ind Co Liberty Loan U S$ Treasury U S Treasury Cancer Cure Search Morrow Group Tobacco Products Corporation John A. Schutte South Davide Son Martha B. Clark East Pittye Howell H. Brooks Methodist Pital Curtis Lee Waddell Ellen N. Burgess North Line Wood Clinton F. Hayes Frank Mesker Ada Walker Lewis Hannah Larsen Central Indians Hospital Samuel B. Pheneger Morth Dearborn Wesley Ballie Colbert
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