Stocks Rally as Leaders Press Higher in Early Trading
Stocks showed strength in early dealings with gains across steels rails motors and utilities. General Motors rose to 195 1 2 while Steel marked a yearly high and Consolidated Gas jumped to 80 1 2 on expectations of a $3 dividend in October.
MENTIONED IN THIS ARTICLE
Central Alley
Consolidated Gas
Baltimore & Ohio
New York Central
Missouri-Kansas-Texas
Kansas City Southern
Canadian Pacific
Curtiss Aero
Wright
St. Louis Southwestern
Wall Street Journal
Financial Review Today
Missouri Pacific
General Motors
Bank and Exchange Clearings Report Summary
Indianapolis local bank clearings totaled 3 110 000 with debits of 7 435 000. Chicago United Press release notes clearings near 120 000 000 and a clearings house balance of 12 500 000.
MENTIONED IN THIS ARTICLE
Indianapolis
Chicago
United Press
Environment shapes our stock market and crowd behavior
In a column from New York, the author reflects on how environment and daily chatter influence investors. He notes a Woolworth store packed with shoppers as evidence that people still buy stocks despite headlines of crisis, arguing crowds counter fear with activity and purchase.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Woolworth
Baron Ralph Fargo De Freshman Released After Debts Paid
Bar on Ralph Fargo De Freshman, jailed since July 2 on larceny charges in Stroudsburg, Pa., is freed after Otto Lange of Plainfield New Jersey pays all hotel and taxi bills and other debts. Lange plans to send the baron aboard a ship to return to his ancestral home in Austria.
MENTIONED IN THIS ARTICLE
United Press
Stroudsburg
Ralph Fargo de Freshman
Otto Lange
Plainfield
N. J
Austria
Goose Owners Sued Over Attacked Woman
Mrs. Amelia Sacteau filed a $10,000 damage suit in Washington after a pet goose attacked her, knocked her down, bruised her, and broke her wrist, alleging the fowl’s owners are responsible.
MENTIONED IN THIS ARTICLE
United Press
Washington
Amelia Sacteau
New York Stocks Trading Report
Market activity in New York shows varied moves across major shares led by financials and industrials. Investors monitor indices, earnings, and policy signals while volume remains steady on the floor of the exchange.
Livestock Prices and Receipts Across Markets
Chicago hogs receipts 13,000 slow market better grade up to 230 lbs steady heavier sold 107 15c lower packing sows 10.85 11.65 top loads $13. Calves and cattle mixed runs with top steers near $17.25 and various price bands for bulls cows and vealers. Sheep and lambs active with high prices for good ewes and feeder lambs. Additional notes from Toledo Louisville Wayne Cincinnati East Buffalo markets report steady to strong hogs and cattle with varied weights and price ranges.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Toledo
Beef Market Up 25 Cents At Local Yard
Local stockyards reported receipts around 4,000 hogs and 1,300 cattle with mixed changes. Hogs mostly rose 5 to 15 cents with some 140-200 pound hogs at 12.60 to 13.10, while beef steers rose about 25 cents to 16.35, heifers steady, cows 9 to 11.50, and lambs 13 to 14 with fat lambs 5 to 6.50.
MENTIONED IN THIS ARTICLE
United Press
Wayne
Buffalo
Union
Chicago
Burial Services Held for Ellis Lawrence
Funeral services for Ellis Lawrence age 91 were conducted at his home by Elden H. Mills pastor of the First Friends Church. Born in Montgomery County he lived in Plainfield then Indianapolis where he worked as a teacher writer and lecturer in fire insurance. Survived by three daughters Miss Huldah M Lawrence Miss Elizabeth Lawrence and Mrs Mariana L Werner all of Indianapolis a son C W Lawrence California and a sister Mrs Phebe L Wardman Indianapolis.
MENTIONED IN THIS ARTICLE
Ellis Lawrence
E. Twenty-Second St
Elden H. Mills
First Friends Church
Mr. Lawrence
Montgomery County
Plainfield
Lawrence
Indianapolis
Huldah M. Lawrence
Elizabeth Lawrence
Mariana L. Werner
C. W. Lawrence
California
Phebe L. Wardman
Tridianapolis
FARM LEADER URGES AGRICULTURAL UNITY IN MISSOURI
Sedalia Missouri August 29 William Hirth president of the Missouri Farmers Association urged farmers to put agricultural welfare above party prejudice and to vote for the candidate offering the most farm relief legislation, reiterating his endorsement of the Democratic farm relief plank.
MENTIONED IN THIS ARTICLE
Missouri
United Press
Sedalia
William Hirth
Missouri Farmers’ Association
Ehrhardt Named U S Trade Commissioner at Tientsin
Washington Aug 29 John J Ehrhardt of Jersey City was named trade commissioner at Tientsin China by Dr Julius Klein head of the US Bureau of Foreign and Domestic Commerce.
MENTIONED IN THIS ARTICLE
China Trade Post
United Press
Washington
John J. Ehrhardt
Jersey City
Tientsin
China
Julius Klein
United States Bureau of Foreign and Domestic Commerce
Fresh Produce Prices Across Regions and Goods
A fragmented listing shows varied fruit and vegetable prices from California Florida Indiana Michigan Kentucky and Tennessee. Items include apples at 1.95 per unit peaches pears melons citruses and crates. vegetables cover beans cabbage carrots okra onions cucumbers corn tomatoes and more with home grown and hothouse notes and miscellaneous prices for cider garlic and potatoes.
MENTIONED IN THIS ARTICLE
Kentucky
California
Michigan
Indiana
Tennessee
Carolina
Weather Buoys Cotton Growth Across Belt
Government weekly report notes fair to good cotton growth in most areas after a week of fair weather. Warm temperatures and irregular rainfall improved conditions in Georgia and the Southeast while Tennessee fared better than Louisiana Mississippi where drought and pests limited progress. Texas shows mixed results from poor to very good regions.
MENTIONED IN THIS ARTICLE
United Press
Washington
Government Weekly
Cotton Belt
Southeastern
Georgia
Carolinas
Tennessee
Louisiana
Mississippi
Arkansas
Oklahoma
Texas
Markets Report Roundup of Butter Cheese Eggs and Poultry Prices
United Press Cleveland market bulletin lists butter extras at 45 to 47 cents per pound, eggs at 28 to 38 cents, and poultry prices for heavy fowls 29 cents, Leghorns 22 to 24 cents, and other items including potatoes and Jerseys prices. Indianapolis prices noted as 29 to 30 cents for butter substitutes.
MENTIONED IN THIS ARTICLE
United Press
Cleveland
Virginia
Kentucky
West
Cotton Market News Outlines Hedge Sales Slow
In York New Aug 29 hedge sales lag ginning rate and shorts face discomfort. Deterioration reports and a weekly weather outlook suggest the market may improve at least for the morning.
MENTIONED IN THIS ARTICLE
Ey Moms. &S McKinnon
York
New
Weak foreign cables check bullish grain activity in Chicago
Aug 29 reports from Chicago note weak Liverpool cables dampening bullish trades on the Board of Trade. September corn steadies while deferred months slip. oats irregular. wheat opens 2-cent lower to half-cent up. Provisions dip modestly as traders weigh potential hedging pressure from the Northwest and cash demand strengthens oats. Prices on Tuesday deliveries reach three week highs. Carrots and grain quotes include wheat 52, corn 96, oats 66, rye 4, barley.
MENTIONED IN THIS ARTICLE
Hicago
Liverpool
Board of Trade
Cash Grain Bids at Indianapolis Board of Trade
Aug 29 bid summary lists grain prices f o b New York basis for wheat corn and oats. Prices shown for No 2 red No 3 white No 2 hard and other grades in car lots with totals for different categories including timothy clover hay and mixed for the day.
MENTIONED IN THIS ARTICLE
Indianapolis Board of Trade
New York
Ten State Farm inmates released early after record alterations
State Farm officials report investigations found ten inmates released before term expirations due to forged commitment records. Thirteen originally believed. three changes by authorized officials, others by a farm trusty. Two of the ten already recaptured, two more expected soon.
MENTIONED IN THIS ARTICLE
State Farm
Ralph Howard
Utility cites figures to justify rate boost at hearing
The Greencastle Waterworks Company seeks a rate increase arguing a higher value for the system. Officials state the original cost was $274,932 but with intangibles and improvements the value could be around $600,000. Commission engineers in 1927 valued the property at $400,000 new and $331,000 depreciated.
MENTIONED IN THIS ARTICLE
Greencastle Waterworks Company
Frank T. Singleton
Public Service
Benjamin Perk
Vincennes Water Company
Johnson Boosts Lead in California Senate Primary
Hiram W. Johnson widened his Republican nomination lead in California's state primary results showing more than half the precincts counted. Johnson's margin surpassed 200,000 votes over challenger Charles Randall of Los Angeles.
MENTIONED IN THIS ARTICLE
United Press
San Francisco
Hiram W. Johnson
California
Johnson
Charles Randall
Los Angeles
Schools Adopt Daylight Time in Indianapolis For Sept 10 30
Indianapolis schools will run on daylight saving time from opening day September 10 through September 30 after a school board vote. Superintendent Charles F. Miller opposed it but agreed to the temporary measure if not renewed next spring. He cited health concerns and higher accident rates. Only Lewis Whiteman opposed the daylight plan. Theo dore F. Vonnegut noted public acceptance. The board fixed September 30 as the return to standard time.
MENTIONED IN THIS ARTICLE
Indianapolis
Charles F. Miller
Miller
Lewis Whiteman
Fred Kepner
Theodore F. Vonnegut
Raskob BanS Mud Slinging at Democratic Meetings
John J. Raskob ordered a campaign policy of good salesmanship and no mud-slinging after Bruce Campbell warned of a widespread whispering campaign against the party. Campbell spoke to contact committee leaders from eight Mississippi valley states during regional events ahead of the Hot Springs notification ceremonies.
MENTIONED IN THIS ARTICLE
United Press
ST. Louis
John J. Raskob
Democratic National Committee
Bruce Campbell
Illinois
Campbell
America
Mississippi Valley
Raskob
Hot Springs
Ark
Dricratic
Missouri
Jois
Iowa
Kansas
Nebraska
Iklahoma
Kentucky
Tennessee
Births in City Hospitals Highlight New Family Names
A stream of birth notices lists numerous families with newborn girls and boys born at city hospitals including Indiana Christian, Coleman, Riley, and St. Vincent. Names span Tucker Selzer Giot Harrison Lockovie and more, with ages and locations of parents and hospitals noted.
MENTIONED IN THIS ARTICLE
Harlan
Mary Tucker
McDougal
Floyd
Gladys Selzer
W. Fortyrst
Everett
Lucy Giot
Pershing
Henry
Martha Harrison
New York
Louis
Eadie Lockovie
N. Ketcham
Micheal
Goldie Smith
Illinois
Charles and
Madonna Rhodes
Indiana Christian Hospital
Clarence
Mildred Trabue
Golay
Thomas and
Viole Berling
Coleman Hospital
Noe and
Maude Longworth
Coleman Ospital
Berman Anc
Opal Winkler
B. Twen- Ye
Walter
Maud Trotter
City Hospital
Ler
Ethel Baggett
Eugene and
Annie Miller
N. Arsenal
Myrtle Prentice
Palmer
Giant iceberg sighted off Labrador coast reported
An iceberg five miles long, the greatest on record, was reported drifting south from sixty miles off the Labrador Coast. Coast guard headquarters were advised today. The cutter Marion, sent to search for the Rockyfort fliers, was ordered to contact the berg and monitor its southward movement.
MENTIONED IN THIS ARTICLE
United Press
Washington
Labrador
Coast Guard
Marion
Rockyfort
Blaine Denies Urging Smith Victory In Wisconsin
Sen John J Blaine told United Press he did not urge Alfred E Smith's election as governor and denied reports he favored Smith in a Burlington speech Linda: The statements came as reports circulated that Blaine backed Smith following a Burlington Wisconsin speech Tuesday Aug 29 1928
MENTIONED IN THIS ARTICLE
United Press
Racine
Wis
John J. Blaine
Today
Alfred E. Smith
Blaine
Smith
Burlington, Wis
Pattern Slips
New York police officer Patrick J. Regan, long praised as a model patrolman, is dismissed after admitting his home’s ground floor was used as a speakeasy for five years.
MENTIONED IN THIS ARTICLE
United Press
NEW York
Patrick J. Regan
Knights of Columbus Launch Drive to Pay Gibault Home Debt
State wide effort to raise funds for the Gibault Home for delinquent youths in Terre Haute began today led by State director Madison Walsh and secretary George A. Smith. The campaign, aided by American Central Life Insurance, targets self support through sale of twenty pay life policies. The 200 acre facility, valued at 300000, has housed 100 boys since 1921 and seeks to expand vocational training under Rev. Michael Gorman with help from local Catholic groups. Thomas J. Kelly chairs the Indianapolis drive.
MENTIONED IN THIS ARTICLE
Gibault
Terre Haute
Knights of Columbus
Madison Walsh
George A. Smith
American Central Life Insurance Company
Coapelin
Michael Gorman
Thomas J. Kelly
Indianapolis
City in Brief: Arrest, Hearings, and Delays
Martin eluded officers at the Negro Y M C A after authorities pursued him on a concealed weapons charge. A hearing on Moorre’s license revocation is set for September 29 due to alleged incompetence and negligence. A petition seeks lower freight rates from Michigan City to Terre Haute. The Indiana Association of Cosmetologists hosted a twilight outing at Broad Ripple Park. Joe Cohen, 44, was arrested for operating a blind tiger with five and a half gallons of alcohol found at his Maple Street home. The Indianapolis Military Band concert was postponed and rescheduled for Wednesday night at University Park.
MENTIONED IN THIS ARTICLE
Martin
Indiana Association of Cosmetologists
Broad Ripple Park
Adeline Davis
Paul A. Krauss
Charles S. McHenry
Joe Cohen
Maple St
Robert Woollen
Cohen
Indianapolis Military Band
University Square
City Park Board
Three Fords Collide In Rochester Auto Crash
Henry Ford aged 43 driving a light sedan with the Ford name on the radiator collided with another Ford bearing the same name here Tuesday night. Both cars suffered heavy damage in the wreck.
MENTIONED IN THIS ARTICLE
Bay United Press
Rochester
N. Y
Henry Ford
Buggy Rider Dies After Automobile Crash
Frank Mauer Sr., 73, died in a Charlotte hospital Tuesday night from injuries suffered when his buggy was struck by a car in Arlotte on August 29. The accident occurred earlier that day and the victim remained hospital bound until his death.
MENTIONED IN THIS ARTICLE
Arlotte
Mich
Frank Mauer, Sr
Tee Hospital
Military prisoners escape from Leavenworth prison
A squad of twenty five guards searched Leavenworth Kansas today for two military prisoners who escaped from the United States disciplinary barracks after overpowering a guard.
MENTIONED IN THIS ARTICLE
Leavenworth
Kan
United States
Watson Opens Campaign for Indiana 6
In Frankfort Indiana on August 29 Senator James E Watson led a Republican campaign kickoff. Governor nominees struggled to stay attached to the message as crowds dispersed after Leslie’s brief remarks. Watson touted farm relief programs, criticized the Democratic platform and Governor Smith, and praised Hoover’s agricultural relief stance.
MENTIONED IN THIS ARTICLE
Fred S. Purnell
Leslie
Purnell
Reepublican
Republican Organization
Democratic Party
Republican State Committee
State Committee
Herbert
Watson
Raskob
Smith
Paris Jails Communists for Singing the Internationals
Paris authorities jailed two communists for one month each after they sang the song The Internationale in public, reflecting postwar security measures in the city.
MENTIONED IN THIS ARTICLE
United Press
Paris
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