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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 27, 1928

Page

4

Motors Lead Rally as Stocks Open Higher

Opening stock market gains widen with General Motors up about a point to 195 and Electric Auto Lite ascending to a record at 91.5. Briggs, Eaton Axle, and Stewart Warner gain on strong demand while Woolworth and Kroger hit new highs. investors push merchandising issues with Woolworth leading at the top price since 1926.

United Presa York General Motors General Electric Briggs Electric Auto Lite Eaton Axle Stewart Warner Loft Warner Brothers Pictures A Woolworth Kroger Wall Street Journal Financial Review Today Stewart- Warner

Bank clearings and exchange rates across major cities

Indianapolis bank clearings totaled 3 462 000 with debits of 6 067 000. New York reported 470 000 000 in clearings and a 98 000 000 clearing house balance. Chicago clearings reached 94 600 000 with a 9 900 000 balance. Treasury balance for Aug 24 was 209 974, customs receipts 40 875. Foreign exchange opened steady with Sterling at 4.84 13 16, francs 3.90, lira 5 234, Belga 13.90, marks 23.822.

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

Reserve bank policy may ease money strain ahead of paying days

The article notes expected money strain around Sept 1 and Oct 1 and predicts a possible reserve bank shift to restore money rates. It cautions that high money could affect the bond market and suggests a coming U S business boom if policy eases, while urging caution in stock advances.

Thomson & McKinnon New York Reserve Bank Europe United States

City hires 2 000 cats to control Havre rats

Le Havre officials hire two thousand cats to curb a rat infestation that spread from ships arriving at the port. The move follows a year of rat overrun and aims to protect the city and harbor.

United Press

Cotton market opens lower on turn of prices

United Press reports New York cotton futures retreat as in early trade October 18.75 down .11, December 18.60 off .13, January 18.55 down .11, March 18.62 down .12, May 18.63 off .12, July 18.55 off .10 despite earlier regional sentiment mixed in the cotton market.

United Press New York

Woman beaten near home by unknown man

Miss Margaret Austin of 249 East South Street reported she was assaulted and forced from a car at 4 26 this morning near her residence. Police seek the assailant who fled after the attack while witnesses say a man claimed he had taken her riding.

Margaret Austin E. South St Miss Austin Esk Sparks

Hogs and lambs rise at local stockyards

Hogs and lambs edged up 25 cents at the local stockyards with hogs mainly 250 to 300 pounds selling around 12.80 to 13.25. Cattle and weaner markets stayed steady and lambs reached top prices near 13.75 with good lambs at 13.50. Receipts estimated at 3,000 and 608 holdovers. Chicago hogs opened slow but near steady with loads to 12.50 to 12.80 and a bid of 12.85 for 180-220 pounds.

Chicago

Livestock Prices Across Markets and Regions

Chicago hogs receipts 33 000 higher by 10 to 15 cents. top price 12.90 for 185-220 lb butchers. Cattle receipts 19 000 with best steers around 16.90, vealers steady near 17.50. Louisville and Toledo bids show hogs 12.40 to 12.90, cattle 12.50 to 15.50, sheep 12.50 to 14.75. other points report similar gains and steady cattle values. Sugar futures open slightly lower across months in New York trade.

Marten United Press Chicago Louisville Bu United Prea East Buffalo United Press Pittsburgh Cleveland Cincinnati Erste Stead

Beta Kappa to Install Chapter at Wabash College

Beta Kappa the national fraternity will install a chapter at Wabash College in Crawfordsville Indiana officials announce. Founded in 1901 Beta Kappa already has thirty chapters and the campus will then host ten national societies.

Wabash Crawfordsville Ind Beta Kappa Wabash College Wabash

Fresh Produce and Prices From Local Market List

A dense listing of farm and market prices for fruits, vegetables, and miscellaneous goods. Items include melons, berries, citrus, grapes, beans, beets, cabbage, carrots, celery, corn, cucumbers, onions, peas, potatoes, radishes, rhubarb, spinach, tomatoes, and cider. Numerous regions cited: California, Virginia, Jamaica, Florida, Indiana, Michigan, Kentucky. Prices per crate, basket, or bushel vary by item.

Kentucky Michigan Indiana Tennessee California

Market Price Report for Butter Eggs and Poultry Aug 27

Cleveland notes Butter extras in tablets 49.5 47.5c, extras firsts 45.4 47c, seconds 41 24 43c. Eggs extras 38c, extra firsts 35c, firsts 33c. Poultry heavy fowls 30c, Leghorns 22 24c, heavy broilers 34 36c, ducks 20 24c, geese 16 17c. New York markets show flour steady, pork steady at 33.50, lard 13.10, sugar raw 4.14, coffee Rio 17 18c, tallow 87c. Potatoes Long Island 1.85 2.25, Jersey 1.65 1.90, sweet potatoes 1.50 5, butter steady 47 48c. Eggs firm with whites 48 51c, browns 32 46c.

Atchison Atl Coast Line See Balt Co Canadian Pac Chesa & Ohio Chi & Alton Esi Oe Chi Grt Eee Ase Ng del & Hudson Nor Pacific Norfolk & West Pere Marquette Ase Pennsylvania Southern R Southrn Pac St Paul Ae Oes St Paul Fd stL&sFr Texas Pac Am Car & Fdy Am Steel Westingh Air Westingh Elec Wee Steels Bethlehem Colorado Ane Crucible ix Gulf States Plang Steel Otis Pyteel Tee Rniey Apple Martin-Parry Mase Nas Packard Peerless Tee Pierce Arrow Studebaker Cor Stew Warner Murray Body Timken Bear Willys-Overlan White Motor Mining Am Smit & Rfg Anaconda Cop Calumet & ‘Ariz Chile Cerro de Pasco Anate Greene Canpie Kennecott Magma Miami Texas Gulf Snr Freeport-Texas Lago On & Tr Pan-Am Pet Phillips Union of al Oo Oo See Royal Dutch Simms Skell Ad Rumely Allis Ghalmers Allied Chemical Amer Davison Chem Dupont Harves Kelvinator Mont Tee Ward Nat Pittsburgh Owens Bottle Sam Rand Sears Roebuc Union Carbide Univ P. Es Indus Ali Warner Bros Am Tel & Tel Ashe Am Express Am Watks Brklyn-Manh Twee Consol Gas Eee Td Gas & el Utilities Power West Union Tel Ares Gor Gul United Fruit Pre Watia California Fleischmann Itv Jones_ Bros Sumatra United Ciga Schulte Wisconsin New York Indianapolis Bu United Press Cleveland Virginia United Areas Midwest Lisa Santos Young Americas Long Island Jersey Southern Pacific

Local Elevators Set Wheat Prices But Pay Differing Rates

Elevators offer No 2 red wheat at 1.26 dollars and high grade wheat at set price. Other grades sold by merit.

Canada Wheat May Net Less Than 85 Cents

Uncertainty marked Board of Trade trading with corn and wheat irregular and oats dipping slightly. The Canadian wheat pool to announce today the first payment to farmers. expected to total 85 cents per bushel or less this year. Frost and weather damage reported in Canada and U.S. corn states, while low oats prices spur domestic and export buying.

United Press Chicago Board of Trade Canadian Wheat Pool Canada Iowa Nebraska

Carrot and Grain Price Listings From Chicago Market

Chicago market notes list carrot price at unspecified, wheat 101, corn 106, oats 84, rye 4, barley 90 with August 27 dateline. Prices shown as per times special bulletin for that day.

Bu Times Chicago

City in Brief items from the area include incidents and notices

A 10 year old boy was bitten twice by a dog and the dog was ordered penned for ten days. Don L. Stedfeld was arrested for operating a motor vehicle under the influence after a collision at 975 W. Washington St. Jack La Grange was arrested for drunkenness and DWI at Illinois and Washington St. Theta Chi fraternity plans a convention with 40 delegates, Lincoln headquarters, and Virgil Cash and others arrested in a blind tiger raid. A United Spanish-American War Veterans picnic drew hundreds at Brookside Park. Royal Neighbors card party set for Cap itol Ave and North St. Junior examiner vacancies for the Patent Office were announced with a $2000 salary.

Don L. Stedfeld Meridian St Washington St Stedfeld Richard McCay Jack la Grange Weghorst St Illinois la Grange Virgil Cash Chase St Robert Lamb Paul Smith Raymond Lewis S. Pershing Ave Virgil Douglas Vincennes Ave Patent Washington Henry M. Trimpe Civil Service

United States Gains Financial Control Over Liberia

Editorial summaries say a $5,000,000 loan to Liberia gives a U S financial adviser power over the Liberian budget and customs. U S officers would also influence frontier force leadership after Lib erian and American recommendations. The plan funds repay old debts and finance internal projects.

Times Special Washington United States Liberia Firestone

Poison war waged on Cleveland rats

W M Amann of St Louis and Raymond Reese cooperate with the Cleveland health department to cull the rat population along the Cuyahoga river plants. They report more than 70000 rats killed by poisoned bait placed in bags and left around floors and basements. Estimate calls for 200 pounds hamburger 60 loaves bread 48 cans salmon 10 pounds peanut butter and several fruits and vegetables to finish the job.

United Press Cleveland Ohio Hamlin W. M. Amann St. Louis Raymond Reese Amann Health Department Cuyahoga River

Rail mergers and U S operation face opposition from Fess

Senator Simeon D. Fess of Ohio warns voluntary railroad consolidations and eventual government ownership raise issues. He leads a Senate subcommittee opposing government operation and congressional dictates, urging mergers by geographic and economic needs to address general economic problems including agriculture.

Times Washington United States Simeon D. Fess Ohio Senate Fess Congress

Judge Blames Gazing At Flappers In Auto Crash

Princeton Indiana city judge C C McGary told police he was looking at flappers on the sidewalk when his car backed into another vehicle. He admitted fault and said he was watching girls.

Times Princeton Ind C. C. McGary McGary

Hunt Road Bandits Rob Hart on National Road

Police and deputy sheriffs searched for two alleged hijackers who robbed Barnes R. Hart on the National Road east of the city, taking $806 after Hart was slugged and his car keys tossed aside. They fled toward Indianapolis as Hart described the incident.

Barnes R. Hart Newland Ave National Rd Hart Indianapolis

West Europe on verge of industrial renaissance says economist

Economist David Friday returns from Europe predicting prosperity and a new era of industrial growth. He notes stable monetary conditions over five years enable mobilization of credit and forecast a bright outlook with France already described as in clover and low unemployment.

Wasgton Europe David Friday Friday France

First District Scooter Finals Run Off Today

The article reports semi finals of the Timese Capitol Dairy Scooter Derby in District No. 1 at Highland playground with winners Mary Wilson Christian Park, Mary Harding Christian Park, and Mary Hurt Finch Park in girls and 59 boys class John Shanahan Willard Park, John Straton Highland Park, Bernard McKay Ellenberger Park. District Two races set for Tuesday at Brightwood with finals Monday Labor Day on Monument Circle.

Timese Capitol Dairy Highland Playground Lewis Skinner Robert Nipper City Recreation Department Times Mary Wilson English Ave Christian Park Mary Harding Dayton Ave Mary Hurt Spann Ave Finch Park John Shanahan N. Oriental St Willard Park John Straton Dorman St Highland Park Bernard McKay N. Euclid Ave Ellenberger Park Herbert Killy Michigan St Norman Hathaway N. de Quincy St Edeward Grimes Orion Ave John Caroll Roy Winkel Dorothy Jane Boaz Edith Frances Parks Francis Reidy N. Randolph St James Francis Carroll N. State St James John Caroll Robert Hendrixson N. Bancroft St Edward Coller Grand Ave Marie Parks de Quincy St Henry Shanon Brookville Rd Mattie Williamson Highland Ave Mary Kenyon Roy Hall S. Mozart Regena Kock Dorman James Lloyd N. Oriental Robert Milligan Clifford Clissendorf Fletcher Ave Edmun Murphy James Prater Marguerite McCrossan N. Bosart Ave Jack Clark Harry Dible Clifton Hurt Raymond Reed Lexington Ave Paul Stevens Mike Minci Margaret Webb S. Kealing St Mary Jane Wainescott Union St Viola, Ruff Brightwood Oak Hill Morris Square Dearborn Spades Brookside Monument Circle

Death of J A Jeffrey longtime mining machinery leader

J A Jeffrey 91 chairman of the board of Jeffrey Manufacturing Company and head of the largest mining machinery plant in the world died at his Columbus home. Company officials announced the death but gave no further details.

J. A. Jeffrey United Press Columbus Ohio Jeffrey Manufacturing Company

Eight Thousand Veiled Prophets Attending Grotto Day

Eight thousand members of the Order of Veiled Prophets from ten Grottoes in Indiana attended Grotto day exercises at the State Masonic Home in Franklin on Sunday.

Franklin Ind Order of Veiled Prophets Indiana Masonic

Also Mentioned on This Page

Banks and Exchange Ayee Pares McKinnon Mississippi Yiel Toledo FT. Wayne Commission Isles Duchess Graves Gelencion Florida R& Ds R_& Stkyds Central Ind Power Co Circle Theater Co Cities Service Co Citizen Gas Citizens Gas Co Commonwealth Loan Oe Eerie Co Diana A Hotel Co Indiana Service Corp of Indiana Lis Gas Co Northwestern Indpils P & L Indpis P & L Indpis St Ry Co Interstate Psc Jein ‘ Ie Metro Loan North Ind Neve Northern Ind Progress Laundry Co Com Uh & Sons Pery Real Su Hos Co Union Trac Union Trac Stk Citizens Bed Ri Reed le Ae Central Ind Piwer Co Weenewee Citizens Gas Co Gary Pore Home Wana Hotel Co Ry & A Rorbery Trac Indpls Lt Co Prion Trac Indpls Gas Co Indpls & Martina Trac Indpls & Northw Trac Co Noe Trac Indpls Trac & Term Co Indpls Union Ry Eeesee Indpls Water Co Mist Stes Indpls Water Co Water Works Interstate Pub S Co Indo Oh Id Union Trace Liberty Loan John Ketcham Henry Ketchan Kenwood Ave Theta Chi Lincoln G. Schuyler Blue, Security Trust Company Harold C. Megrew Brookside Park Oliver Sears Charles Schilling Frank Gray Roy Pyng Ninevah Johnson Ironwood Camp the Royal Neighbors Hall Capitol Ave North St All Kids Klub Broad Ripple Park Indianapolis Times Akron Drill Team Akron Buckeye Veterans of Foreign Wars Harold McGrath Forrest Good U. S West BYVUL Ture Puritan Florence Vonnegut’s Aetna Trust and Savings Co N. Penn Highland Boy Masonic Home Liberty Credit Clothing Co North Pennsylvania Street Pearson Brannum-Keene Lumber CO Remnants Economy Bug Co East Washington Lewis Furniture Co United Trade-In Store South Meridian Street Credit Askin & Marine
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