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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 26, 1929

Page

4

Stock market shows mixed moves with rail strength lifting highs

The New York market opened strong on overnight orders with International Telephone hitting new highs. Rails led gains aided by July earnings from carriers, lifting New York Central, Pennsylvania, Erie, Chicago & Northwestern, and Missouri-Kansas-Texas to fresh levels. Industrials recovered late with strength in rails boosting overall sentiment.

United Press NEW York New York Central Pennsylvania Utilities

Indianapolis and New York bank clearings and treasury balance

Indianapolis bank clearings on Monday August 26 totaled 4 076 000 with 7 089 000 debits. New York clearings reached 492 000 000 with a clearing house balance of 115 000 000 and federal reserve credit balance of 106 009 000. Treasury net balance on August 26 stood at 103 400 670.88 with month to date customs receipts 41 202 654.91. Foreign exchange in New York closed irregular with demand sterling 1 4 1 32, francs 3 91s, lira 5.22 11 16, marks 23.79 2c.

Indianapolis New York United Areas Clearing House Federal Reserve Bank United Presa Washington Treasury Frances Lgas

Fruit Prices and Harvest Items Listed Across States

A lengthy catalog lists prices for fruits and vegetables by state and origin. California seedless grapes and nectarines appear with crates and per-dozen rates. Florida watermelons and Jamaica limes show per-unit pricing. home grown cabbage, cucumbers, lettuce, peppers, and tomatoes appear with various unit measures and regional crates or bushels.

California Jamaica Aia Watestias Hiley Selles Berta Peaches Senate Indiana Gromn Washington

Market Outlook Sees Tight Money Ahead and Rail Stocks Rising

New York August reports show July results from major railroads improving and the economy remaining strong. Prospects point to higher dividends in rails oils and copper stocks with a potential discount movement as investors diversify from industrial leaders toward underperforming groups. Investment trusts favor rails and select oil issues.

Thomson & McKinnon New York

Pork Market Slips at City Pens with Mixed Beef and Sheep

Hog values ease 15 cents on weights above 160 pounds at Union Stockyards while lighter hogs hold. Chicago receipts total 43 000 with 18000 directs. cattle and sheep offers varied with top lambs at 14 dollars and bulk ewes 4.50 to 6.50. Indianapolis prices show hogs 90 to 300 pounds with mixed weekly changes and cattle, calves, and sheep receipts around steady to higher.

Union Chicago Indianapolis

Markets Report: Butter Eggs Poultry and Cheese Prices

Wholesale butter prices range No. 1 45 46c No. 2 43 44c with butterfat at 4dc. Cheese wholesale loaf 35c pimento 40c Wisconsin firsts 25c Ice cream 31c. Egg prices firm with extra firsts 36 2c, firsts 34 2 36c. Poultry steady with fowls 27c springers 28c Leghorns 24 25c ducks 21c geese 22c turkeys 24 23c roosters ? broilers 22c. Potatoes on track 3 10 arrivals 189 in transit 655. Prices vary for potatoes by region. Flour steady patents 6.85 7.35. Lard firm. Tallow steady. Dressed poultry dull with turkeys 30 46c and fowls 20 28c. Live poultry quiet with turkeys 20 33c. Cheese steady Young America 34 41c 26 29c.

Wisconsin New York Bexs Indianapolis Hennery United Press Chicago Minnesota Nebraska Buty United Press Press Middle West Long Island Jersey Southern

Births List of Boys and Girls in Coleman Hospital Reach

A local birth notice records boys and girls born to multiple families with addresses in Coleman area. Names include James Hall Fern Trabue Frank Wilmoth Corydon Strawser Ralph Kennedy Nicholas Brown and others. Hospitals cited include Coleman hospital and Cole man hospital with several family entries.

James Eulalia North Alaama Allen and Fern Trabue Churchman Frank and Kathryn Wilmoth Coleman Hospital Corydon and Berdella Strawser Ralph and Anita Kennedy South Gladstone Nicholas and Idella Brown West Twenty-sixth Ere Loraine Richards Ale Anda Effie Brosman North Harding Harry Edna Kidder Koehne Lela Bagby Shriver One Louise Husemann E. Wet Mary Havens Coleman Hos

Deaths List Noted With Cerebral Hemorrhages and Illnesses

Lucrecia Whitaker 58 of 238 North Oak land died from cerebral hemorrhage. Isabella Worland 73 of East Vermont also died of cerebral hemorrhage. Daisy Phillips at Central Indiana hospital listed general paralysis. James Chatman 1 month at city hospital noted manition. Clarence Panier 70 at city hospital bron cho pneumonia. Fred Joseph Fleming 25 of 611 Patterson lobar pneumonia. id Simmons 6 months at city hospital enteritis. John W. Lyons 78 of 544 West Maple road chronic myocarditis. Dora F new 49 of 621 North Emerson carcinom. Tiluan Gates 36 at city hospital aortic insufficiency.

Lucrecia Whitaker North Oakland Isabella Worland East Vermont Daisy Phillips Central Indiana Hospital James Chatman City Hospital Clarence Panier Fred Joseph Fleming Patterson Id Simmons John W. Lyons West Maple Road Dora F. New North Emerson Tiluan Gates

Boardman Elected Assistant Vice President

Dixon Boardman has been elected assistant vice-president of the Chase Securities Corporation.

Dixon Boardman Chase Securities Corporation L. B. Manning Cord Corporation E. L. Cord Auburn Automobile Company Willys-Overland Company

Livestock Market Report from Midwestern and Eastern Plants

Receipts and prices for hogs cattle and sheep across multiple markets including Fort Wayne Louisville Cleveland and East Buffalo. Hogs mostly steady to 10-25c lower with varied weights. cattle steady to higher in some areas and steady to uneven in others. calves vealers and sheep showing mixed but generally steady to slight gains. Notable ranges include hogs 90-130 lb 10 to 12.75, cattle steers up to 17, heifers around 13, lambs near 13. to 14 per cwt.

Louisville Burnited Cleveland Aum Ao Rie United Preas Buffalo N. Y

Building Permits Filed Across Felton and City

Building permits list multiple projects including a garage at Felton 930 East Troy by Wies Brothers reroofs and additions. Names include George Hill 1395 Kentucky Dr Ball 5641 North Delaware Mrs M Bokler 911 North DeQuincy Bassett 2651 Sutherland Sam Radakovich 133 North Yarman and John Stout 909 North La Salle with various costs and work.

Wies Brothers Columbia George Hill Kentucky Ball North Delaware M. Bokler North DeQuincy Rewef. Bassett Sutherland Sam Radakovich North Yarman John Stout North la Salle

Wheat futures open lower on bearish cables

Weak international cables and rising visible supply forecast weigh on grain markets at the open. Wheat falls 0.24 to 0.25 cents, corn and oats easing modestly as traders weigh export data and improving continental crop reports.

United Preas Chicago Liverpool France Rumania Poland Corn Nebraska Kansas

Grain Prices in Toledo Market Report

Chicago Grain Table shows cash close for wheat at 1.34 to 1.35, corn 1.07 to 1.08, rye 1.08, oats 51 to 52 cents, barley 66 cents. Clover domes tic cash and futures listed with prices, Timothy and Alsike grasses quoted, butter 43 to 47 cents, eggs 33 to 35 cents, hay 1.25 per cwt.

United Press Toledo Ohio Timothy Alsike

Interurban Car Derails After At Crossing Stop

Four people were injured when an interurban car struck a car at a crossing near Terre Haute Indiana. The train carried the auto nearly a block before derailing. Injured are Mrs Wilson Adams 54 Reba Adams 21 Moyne Adams 19 and Marion Turner 21 all residents nearby.

United Press Terre Haute Ind Here Wilson Adams Reba Adams Moyne Adams Marion Turner Near

City in Brief Tuesday events and notable notices

Rotary, Gsro Club, Mercator Club, and various luncheons from Indianapolis to Columbia are listed. State Auditor A N Bobbitt heads to San Francisco for the state auditors convention Sept 3 5. Seventh Indiana regiment 50th reunion set for Sept 3 at the state fairgrounds. George Somnes announces workers guild formation for the Civic Theater. Counselors' Club of Indianapolis Life Insurance en route to Muskoka for annual convention led by J W Schwab. Thelma Rusk wins bathing beauty honors at Electric League picnic. Advertising Club discusses card advertising at Columbia Club. Steinite Radio hosts a jobbers convention in Ft Wayne expected to attract 300 distributors. Orville Savage wins $10 first prize in Kids Speedway race at Arsenal Avenue and 49th Street.

A. N. Bobbitt Bobbitt San Francisco Cal National Association of State Auditors Detroit Counselors’ Club The Indianapolis Life Insurance Company Muskoka Canada J. W. Schwab

Cincinnati multilevel complex to rise as a Starrett project

The Starrett Investing Corporation announced plans for a $30,000,000 Cincinnati complex combining an office building hotel convention hall department store and garage on a large central block leased from Thomas Emery's Sons Inc. The forty story structure would be the largest real estate deal in U.S. history with construction by Starrett Brothers Inc.

United Press New York Cincinnati Starrett Investing Corporation Starrett Corporation United States Thomas Emery’s Sons, Inc Starrett Brothers, Inc

Aviation expo at Capitol airport features PTI stunts

World of Aviation notes E H Jose Capitol Airways president entertaining a crowd at Capitol airport with acrobatic PTI biplane stunts. Parachute leaps, passenger flights, and multiple pilots and aircraft including Robin, Curtiss, Kinner, and Travel Air are listed along with routes to Cleveland Terre Haute and Detroit destinations.

E. H. Jose Capitol Airways Capitol Airport PTI Harry Cox Harley Grader Curtiss Greenfield T. C. Young Kinner Terre Haute Cleveland O. H. Webb Louisville Earl W. Sweeney Nelson McMahan Capitol Betty Jones George Fredell Stinson- Detroiter Ft. Worth Tex Hoosier

Six Passengers Board Transcontinental Air Transport Flights

Six passengers boarded Trans continental Air Transport planes Sunday. Eastbound travelers included A Brown and J R Monahan of Indianapolis and L Hall of New York. Westbound riders were Mr and Mrs D N Driver and Miss Wilma Bolles of Indianapolis. H L Hunter of Chicago flew to Indianapolis on Embry Riddle Air Mail, while John Sutherland, local Embry Riddle assistant representative, returned on the north bound plane from Cincinnati.

Transcontinental Air Transport A. Brown J. R. Monahan Indianapolis L. Hall New York D. N. Driver Wilma Bolles H. L. Hunter Chicago Embry-Riddle Air Mail John Sutherland Embry-Riddle Cincinnati

Indiana ranks fifteenth in licensed airplanes in 1928

Indiana stands fifteenth among the states for licensed airplanes with one plane per 37 909 people, based on 1928 figures from the Aeronautical Chamber of Commerce. New York leads in total planes, California leads in per capita ownership, and Indiana expects gains as over twenty new airports arise this year with Indianapolis adding over twenty five licensed aircraft.

Indiana Aeronautical Chamber of Commerce New York State California Indianapolis

Flying students notch first solo flights this weekend

Walter Johnson of 5601 East Washington Street Capitol Airways student Vernon Rutherford Connersville and Frederick Wood New Castle Curtiss Flying Service of Indiana students completed their first solo flights over the weekend.

Walter Johnson East Washington Street Capitol Airways Vernon Rutherford Connersville Frederick Wood Newcastle Curtiss Flying Service of Indiana

Tulsa flyer logs 180 mph 720 mile Tulsa to Indianapolis

Earl Haliburton piloted a Lock heede Vega monoplane into Curtiss Mars Hill airport Sunday after a 720 mile trip from Tulsa to Indianapolis averaging 180 miles per hour. Passengers included Tulsa airport manager Charles Short C B Tibbs of Oklahoma City and M C Elsworth of Tulsa en route to the Cleveland air races.

Earl Haliburton Curtiss-Mars Hill Tulsa Indianapolis Charles Short C. B. Tibbs Oklahoma City M. C. Elsworth Cleveland

Aerial Demonstration Replaces Flamingo Refueling Show

Harold C. Brooks wowed about 150 spectators at Hoosier airport with a display of loops barrel rolls spins and other stunts in a Travel Air biplane instead of the planned refueling demonstration for the Indianapolis Flamingo endurance contest.

Hoosier Indianapolis

Arrivals and Departures at Curtiss-Mars Hill Airport

A list of pilots and aircraft routes showing arrivals and departures from Curtiss-Mars Hill Airport. Notable names include Herbert Fahy in a Lockheed monoplane from Los Angeles to Detroit and Wily Post in a Lockheed from Santa Monica to Cleveland. Flights connect St. Louis, Dayton, Wichita, Chanute, Terre Haute, Oklahoma City, Buffalo, and other cities.

Curtiss-Mars Hill Herbert Fahy Lockheed Graham Cessna Oklahoma City Cleveland Tex Bohannon St. Louis Buffalo Hugi Smith Ft. Worth H. Weir Cook Curtiss Flying Service Indiana

Balloon Balloon Burst Contest At Curtiss Airport

Charles E. Cox Jr and Walker W. Winslow of Curtiss Flying Service entertained a large crowd at Curtiss Mars Hill airport with a balloon bursting contest. Cox flew a Curtiss Fledgling while Winslow piloted a Command Aird burst twelve balloons eighteen inches in diameter driven by aircraft propellers. Balloons were leased from Robert Armstrong.

Charles E. Cox Jr Curtiss Flying Service Indiana Walker W. Winslow Curtiss-Mars Hill Cox Curtiss Winslow Robert Armstrong

Nonstop Los Angeles to Cleveland Flight Opens Race

Lee Schoenhair began the 2100 mile men’s nonstop speed flight from Los Angeles to Cleveland for the national air meet piloting a Lockheed Vega Wasp. Entrants include Captains Roscoe Turner Frank Hawks Art Goebel and O C Le Bou tiler. The winner is decided by best elapsed time.

United Press Los Angeles Lee Schoenhair Cleveland Metropolitan Roscoe Turner Frank Hawks Art Goebel O. C. le Bout

Weather update from 9 30 a m smoky visibility limited

At 9 30 a m the south wind was five miles per hour with a temperature of 79 degrees. Barometric pressure stood at 30.12 inches at sea level. Ceiling was unlimited with visibility two miles and smoky conditions affecting geld goa.

Goa

Air races entertain crowd with live aeronautical schooling

Ernie Pyle notes the Cleveland national air races double as a vivid classroom. Announcers explain every event, maneuvers, and terms while spectators watch six parachutists, a glider, stunt flyers, and derby entrants. Eleanor Smith draws crowds, Munger narrowly avoids injury, and blimps including the navy ZMC-2 join the spectacle.

Ernie Pyle Scripps-Howard Cleveland Mile Square Ypsilanti, Mich Eleanor Smith Bellanca Joe Munger California Liberty Engine Builders Army Navy Marine Detroit Goodyear

Also Mentioned on This Page

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