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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Aug 29, 1928

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

United Press Paris

Also Mentioned on This Page

Banks and Exchange Aare Iwuch Ateson +s Atl Ohio Canadian Pac Chi & Alton Chesa & Ohio Chi & N West del & Dson Iba Ie del & Cea Norfolk A West Pere Marquette Sy Aeene Southern Ry Southern Pac St ‘Au Stl& It Paul Stl&sf Texas Pac Union_ Pacific West Marylan Wabas 1916 Rubbers Fisk Ajax Goodrich Goodyear EEO -Spefid Am Car & Fdy Am Steel Lima Locotee Oe NY Air Brake Pullma Wessesee Westingh Airbrier Bethlehem Colorado TUC Gulf States Stee Philr C & I Iron & SI Otis Steel Younston Vana A Jum Corp Motors— Uy Am Bosch Mag Aay Chrysler Co Contl Motors Dodge Bros Gra am-Paige Hudson Tee Jordan Peerless At Ee Pierce Arrow Studebaker Anaconda Co Calumet & Ariz Cerro de Pasco Chile Copper Greene ‘An Ilet Inspiration Magma Cop Kennecott Eee Verneereerenes Texas Gulf Sur Wee Ee Atlantic Ips Barnsdale Houston Oil Freeport-Texa Nfess Marland Oil Indo Oil & G Saehemnagle Ny Ou Phillips Petrol Caltee Royal Dutch Simms Sinclair Oil Fatewes Ltd Il Cal Texas Corp Richfield Transcontl Mi Industrials Adv Ramel Ayllis Chalmers Allied Chemical Armour Acres Amer Hide Sea Union Carbid Univ Pipe S Leather Indus Alco Warner Bros (A Wesney Bros (B Am Tel & Tel A Weep Eee Brkiyn Satant Taris Commonwealth Nor Am Co Std Gas & el Untilities Power Ware Union Tel Fleischmann Co Jones Bro Ward Baking B. Tobaccos Sumatra Lorillard R J Reynold United Cigar Schulte Louisville Caattle Cincinnati Logal Yard Commission Gupeesalifornia Malagas Florida U. S. Survey Asker Central Lite Central Ind Power Co Circle Theater Co Cities Service Co Aires Setizen Gas Co Son, Service Co Citizens Gas Co Commonwealth Teen Eaurebye Securities Co Hook Dru Safetye Earee Pu_OUtu Co Metro_ Loan North Ind Pub Serv Co Northern Ind Pub Co Progress Laundry Co Euh & Sons Fert Co Real Silk Hos Co Preneens Oil of Indiana Trac Union Trac Co Spean Union Trac Ind Moet T & T of Indiana Hotel Ind Eoeice Corp Ind Union Eat Co Indpls Gas Indpls & Martins Rac Northw Trac Co Indpis Indpls & Horny Trac Co St Ry Cyber Indpls Trac & “Term Co Union Ry Ss Wteeeee Indpls Water Co Ist Seace Indpls Water Co Water Works Interstate Pub & Co Interstate Pub S Co Interstate Pub 5 Co THI & E Trac Co Ind Co Liberty Liberty Loan Liberty Loan U A Treasury Us Treasury U S Treasury Wisconsin Fiat Clmbereer Chicago Grain Table Timex Boys Joe Minnie Arnold Dorothy Degeland N. Holmes Ave Alberta Angelina Daughtery Adrian Virginia Marion William and Lela Lupee Richard and Lucy Stark Gears Florence Campbell Louis and Mary Lindenbaum City nGvy Opal Wright Pal Wright Hospital Need Aturger City Ospital George and Ide Ladd Frank and Arietta Brame Francis M. Thomas Methodist Hospital Mary Francis Bennett English Ave Alma Query W. Morris Clara Strater Riley Hospital Hazel Irene Oe Yne Watdins Broadview Banks Walter W Wueller Madison Ave Albert’ Abraham S. Meridian St Grant Engle R. L. Indianapolis Eugene O. Jones Bellefontaine Stanley Roe Mable Lutz Robert W Long William J. Longinotti St.Vincent's Hospital Salvador K. Ofc Union County Commissioners Stanton J. Moorre State Board of Registration For Engineers and Land Surveyors Michigan City Public Service Commission BY Robert Beard Robinson MOI New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association Fletcher American Bank Lincoln
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