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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Aug 26, 1930
Page
4
The market rose slightly amid a quiet session with oil shares lagging. Amusement and food stocks led gains while United States Steel and other major industrials held firm as Vanadium and Peruvian issues influenced sentiment.
Indianapolis bank clearings Tuesday August 26 totaled 3 053 000 debits 6 586 000 credits Chicago clearings 74 700 000 Helene 5 700 000 New York bank clearings 1 027 000 000 clearing house balance 151 000 000 Federal reserve credit balance 123 000 000 Treasury net balance August 23 109 077.64 expenditures 4 316 491.44 customs receipts 24 662 952.28 for the month to date
In New York Aug 26 stocks may rise as Sun Life Assurance Company president signals improving industry conditions. Utilities, tobacco, food sectors hold steady while refiners are urged to balance oil output with demand. Fox statement hints at strong motion picture prospects and improving steel.
Equity markets in New York show mixed trading as investors digest earnings reports and economic data. Major indexes move within narrow ranges while financials and tech shares fluctuate on potential policy signals.
Buying at the recent decline added strength to hogs at the city stockyards with prices up about a quarter from Monday. Cattle and calves showed gains, sheep declined, and Chicago receipts were 18,000 with strong demand for 160 to 210 pound hogs at about 11.15 to 11.25. State and city markets reported mixed results across weights.
Oil and Gas Journal notes US crude production for week ending Aug 23 at 2,481,397 barrels, up 28,392. Light oil output up 23,292. Rates for New York, Paris, Amsterdam, Mal y, Berlin currencies listed. Bank of Germany week to Aug 22 shows gold 2.619 billion marks, money in circulation 4.05 billion. Corporate and farm board actions noted with dividends, wheat pools, and to Aug 21 Canadian Pacific weekly gross.
The Texas and Pacific Northern Railway applied to the I C C for authority to construct 333 miles of new lines in Texas. Other items note automobile production figures, refinery partnerships, and half year financials from Schulte Company and Southwest Gas Utilities, plus cereal and grain price reports from Chicago and Toledo markets.
A list of marriage licenses shows Floyd R. Dannerline 32 of 1616 Sharon and Rosalind S. Link 21 of 1417 East Eleventh to wed. John J. Kennedy 43 of 1231 Centennial and Francis Kriech 32 of 1348 North La Salle seek marriage. Elbert Shannon 30 of 348 West Eleventh and Fannie L. Scales 22 of 1222 Lafayette are licensed. William Brown 38 of 1002 Colorado and Vera Brown 20 of 318 West Shalph pursue nuptials.
Building permits list multiple residential projects including dwellings at 6112 Central 1202 Shannon 1227 Shannon 2535 Station 2648 Bancroft and 2911 Weston Boulevard plus repairs and additions at 703 Shelby 1637 Prospect 2255 Reformers. Project costs noted from 200 to 300 dollars with various contractors and firms.
Fred G. Strauss, 22, stabbed his wife Norma, 22, at a district police station as officers stood nearby. He was arrested on a charge of assault with intent to commit murder and the wife was taken to receiving hospital with a side wound.
Closing prices and net changes on principal NYSE stocks were reported for today. The list shows daily shifts in stock values across key issues, reflecting market movement and investor sentiment.
At Cincinnati on August 26 hog receipts reached 2200 with heavy weights scarce and prices drifting down to 15 cents. Pigs and light pigs held steady while sows fell up to 25 cents. best butchers 170 to 240 pounds brought 11.50 to 11.60, 230 and 250 to 300 pounds around 11.40 to 11.60, lighter 120 to 160 pounds 10.50 to 10.75. Cattle and calves totals 525 and 300 with active market, steers and heifers 6.50 to 8.50, best 9 to 11, cows 5.50 to 6.50, cutters 3.75 to 5, bulls 7 down. dealers 50 cents higher, good and choice 11 to 12.50. Sheep 1600 receipts with lambs weak 50 cents, good and choice 9.50 to 10.50, medium 7 to 8, common 5.50 to 6.50. ewes steady. At Toledo also August 26 hogs 450, market steady to 25 cents lower. heavies 10 to 10.50, mediums 10.75 to 11, workers 10 to 10.50, pigs 10 to 10.50. cattle receipts light, market steady. calves light, market steady. sheep light, market 50 cents lower.
Grain elevators in the city posted bid prices with red wheat at 8 a.m. and No. 1 at 78 cents, reflecting early market levels.
Chicago prices slipped as wheat fell sharply after an interday rally that failed to hold. Corn eased with the group, oats declined, while provisions remained firm. Receipts, futures behavior, and hedging uncertainty weighed on sentiment.
In New York's garment district police and about a thousand striking dressmakers clashed as more than 8 000 dressmakers and raincoat makers walked out this morning. Several strikers, many of them girls, were reported injured during the disruption.
In the air at nine o clock the east wind blew at 3 mph. Barometric pressure was 30.16 inches at sea level. Temperature 77 degrees. Ceiling unlimited. Visibility one and a half miles. Field conditions good.
A list of deaths includes Ada Reeves 53 at 530 East Minnesota from chronic nephritis James McDonald West 78 of 1330 Ringgold with chronic valvular heart disease Morean Rowlette 57 at 801 North Pennsylvania from acute gastritis Illiam T Sleight 69 at Methodist hospital with acute appendicitis Jess Fulkerson 32 at city hospital from general peritonitis Bert L Murrell 3 of 2309 Reformer with peritonitis John H Hannon 73 at 1130 Bates suffering cardio renal disease William H Whitaker 82 of 1628 Woodlawn with arteriosclerosis Elizabeth Louise Dehner 80 at 1209 Spann from cardiovascular renal disease Carrie May Hunt 69 of 1415 Lexington with chronic myocarditis Frances Tyler 58 at 62 South Rural from accidental causes.
Frank Farley of Pleasant Kansas and his sister Phoebe Blunk of Indianapolis reunited after forty two years when Farley learned of their kin via a Colorado obituary. He surprised her at 3 15 this morning, having not seen Martinsville relatives or Indianapolis in fifty five years. Mrs Blunk welcomed the unexpected visit noting age has not dimmed their bond.
The Huntington Herald is now a six day evening paper while the Press becomes a daily morning paper except Monday. Both publications keep distinct identities with separate editorial tones and formats, aiming to serve advertisers and readers. Thomas Bedwell, a Lewis township farmer, died en route to a hospital from gunshot wounds following a suspected drunk driving incident. Coroner rules Joseph Cookson drowned accidentally while fishing in Lake Barbee on Aug 11 with body recovered Friday.
Arthur T Kinser a Union City mo towman filed a voluntary bankruptcy petition in federal court listing 1745 dollars in liabilities and 390 dollars in assets.
The fragment notes a range movement labeled New York 5 with low and close figures and an accompanying 44 and 5405 5.85 sequence, indicating brief financial tick data.
Evansville Indiana officials debate whether the Indiana highway commission will give Kentucky fifteen days notice to contribute 2 million dollars for the Ohio river bridge. Commission chairman A J Wedeking says the point has not been discussed by all members. Indiana says it has funds but now lacks money and has awarded road contracts since February. A Wedeking report to the state supreme court is due by September 1 detailing progress on the bridge.
Births list with multiple families and addresses across East Tabor Kappes Hoyt Dearborn and 1515 Project. It notes hospital births at Methodist and St Vincent's and city hospital facilities with parent names Walter Pfarr Ray Thomas Sion Neimeyer Irene Lamb and others. The fragment lists numerous couples and locations including 1214 Hoyt 4943 Ford 6413 College and 3204 Kenwood among others.
In Anderson Indiana Mr and Mrs Daniel Murdock with twelve children plan a truck trip to New Mexico to seek relief from tuberculosis after eight children fall ill and a tubercular cow caused the disease. Some children are underweight and funds are only 200 dollars for the long journey.
Leo Louderback, a Brazil high school graduate, earned a Rose Polytechnic Institute scholarship after posting a record at the citizens military training camp at Ft. Benjamin Harrison. He declined offers from DePauw and Butler. Mary Booker, 14, suffered serious injuries after being dragged along a barb wire fence by an automobile driven by Samuel Douglass, with the car going into a ditch. Her throat was cut, an ear nearly severed, and her face and head wounded.
Lima reports delayed by censorship as the military council pledges retribution against Augusto B. Leguia. The deposed leader tried to board the cruiser Admiral Grau but ships were not released. Possible intervention by General Sanchez Cerro cited. Four deaths in Lima clashes end bloodless revolt hopes.
In Cleveland on Aug 26 a jury will seek the death penalty for three youths ages 16 to 20 involved in a failed holdup at a fashionable party that killed Miller Wilkinson, Princeton senior, who died after guests mistook the act for a prank. Angelo Bell 20, Mike Bell 16, and Ross Valore 19 were arraigned. Angelo Bell recovered in hospital.
Ross Sterling swept the Democratic gubernatorial primary in Texas with about a 100000 vote lead in nearly complete returns. The Houston publisher's victory suggested Republicans would have little chance of winning in November, even as some Democrats considered supporting Marion A. Ferguson if she had secured the nomination.
Hollywood Aug 26 Clara Bow the red haired flaming youth star has signed a new Paramount contract effective Oct 1. It will begin her sixth year with the company and her fifth as a star ending rumors of tension with executives.
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