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This newspaper page contains 25 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 24, 1929

Page

4

United States Steel Leads Early Stock Market Rise

The day opened with a sharp rise in leading stocks on the Exchange led by United States Steel gaining over 3 points. General Electric American Can Allied Chemical and American Telephone climbed more than 3 points as other industrial utility and railroad shares advanced.

Tnited New York The Stock Exchange United States Steel General Electric American Can Allied Chemical American Telephone Radio Corporation Radio-Keith-Orpheum Fox Anaconda Schulte

Bank Clearings Report From Major Cities

Indianapolis on December 24 shows clearings of 4.326 million with debits at 9.971 million. Chicago reports 122.6 million clearings with 8 million balances. New York totals reach 1.623 billion with a 124 million balance and Federal Reserve credit balance of 15 million.

Indianapolis Chicago Aes New York United Press Clearin House Federal Serve Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Associated New York Curb

Market View Teases Stabilization After Steel Chief Warning

The United States Steel spokesman’s outlook hints at slower recovery and cautious business sentiment. Despite inflation in security values, a mild decline in car loadings suggests possible overdiscounting of a general downturn, while the market maintains a strong technical position ready for potential improvement in higher quality stocks.

Thomson & McKinnon New York United States Steel Corporation Steel Corporation

Fifield Gets Praise For Administration

Santa Claus M W Pershing of the automobile license department paid tribute to Secretary of State Otto G Fifield at his Christmas party in the secretary of state's office corridor. Employees from all divisions gathered to applaud and gift Fifield with items including books book-ends a desk set and a gun with candy cane from the state police.

Santa Claus M. W. Pershing Automobile License Department Secretary of Otto G. Fifield Fifield Secretary of State Santa Corporation and Securities Division

International Paper and Power Company dividend notice

Boston Mass December 11 1929 directors declare a quarterly dividend of 1 percent on the 7 percent preferred stock and a regular quarterly dividend of 1 percent on the 6 percent preferred stock payable January 15 1930 to holders of record at close of business December 26 1929 checks mailed transfer books not...

Steel Mergers Signal Stronger Steel Industry Outlook

United Press reports mixed national business conditions with confidence holding, steel operations near a low point but showing improvement. A four firm midwest steel merger worth 350 million dollars and anticipated railroad consolidation signal stronger industry structure and potential 1930 gains.

Middle West Interstates Commerce Commission

Markets Ban Poultry Prices From Indianapolis Report

A Kingan & Co price list shows wholesale quotes for poultry meats and dairy goods. It lists hens, leghorns, springers, cocks, ducks, and turkeys with varying cents per pound, plus butter, cheese, eggs, potatoes, and lard prices from Chicago and Cleveland markets.

Indianapolis Kingan & Co Wisconsin New York All United Press Cleveland Maine Green Mountain

Car Crash Injures William Sharp In City Street

An out of control car on West Washington near the street car barns struck William A. Sharp 33 of 1625 East Vermont fracturing his right leg and likely skull. Driver Margaret McLaughlin 21 of 3719 Creston drive was hospitalized.

West Washington Street William A. Sharp East Vermont Street City Hospital Margaret McLaughlin Creston Drive

Hogs Rise at Local Pens. Cattle Steady in Mixed Market

Hogs jumped 15 to 25 cents from Monday with 160 to 300 pound stock at about 10.15. Receipts totaled 6,000 with 205 holdovers. cattle steady, steers strong to higher, wealers flat. Sheep and lambs rose about 25 cents with better grades at 13 to 13.25 for good lambs. Chicago hogs weighed 180 to 260 pounds priced 9.90 to 10.00. smaller hogs 9.50 to 9.90. Cattle 6,000. sheep 7,000. total receipts 2,000 hogs and lambs noted.

Union Chicago Louisville United Press Pittsburgh Renee United Preas Cleveland FT. Wayne Ind

Livestock Market Reports From Multiple Cities

Hogs and cattle prices move across markets in Louisville Pittsburgh Cleveland East Buffalo and more with receipts and top values. Hogs rise to around 10.50 for 150-200 lb ranges while cattle show higher bids on fat steers and feeders across regions. Sheep and calves also feature steady or improved quotes as year-end trading continues.

Argentina Secures £5 Million Loan From London Firms

Argentina’s government negotiated a loan of £5,000,000 ($24,350,000) with Baring Brothers and Morgan Grenfell in London. The loan bears 5 percent interest, matures December 31, 1930, and will be issued as treasury certificates dated January 1, 1930, discountable at 5 percent.

London United Press Buenos Aires Baring Brothers Morgan and Grenfell Laepoca Treasury

Miller Held on Weapons Charge in Family Dispute

Paris Miller, 35, of 1905 Arrow Avenue, was held today on charges of drawing a deadly weapon. He allegedly returned home drunk Monday night and drew a pocket knife on his brother Gale Miller, 35, at the same address.

Paris Miller Arrow Avenue Gale Miller

Carriers Enjoy Christmas Party At Indiana Theater

One thousand two hundred Indianapolis Times carriers attended a Christmas party at the Indiana theater. The event featured the film Half Way to Heaven with Buddy Rogers and Jean Arthur, plus festive crowd reactions. A photo highlights carriers awaiting entry with named youths shown in insets. B. V. Sturdivant arranged the party through theater management.

Indianapolis Times Indiana Theater Heaven Buddy Rogers Jean Arthur Donald Walters Lincoln Street William Sutterfield R. R Francis Williams Tacoma Avenue Henry Ramey South Glen Arm Avenue Indiana B. V. Sturdivant

Market Trends and Utility Reports Highlight Week in Finance

The week ended Dec 21 saw the fifty most active Chicago stocks hold a market value of 1.86 billion, down 12.8 from the prior week. Department store sales in November rose 7 percent nationally, while American Water Works electric subsidiaries posted 7 percent November output gains and 11 months to Nov up 10 percent. The broader utility earnings are projected near 5.52 billion for the year, with Missouri-Kansas Pipe Line reporting a 28.2 percent jump in natural gas deliveries year over year.

Indus Alcore Maronte Worthington al Atchison Woolwo, Co Atl Coast Line Eali & Ohio Tel Chi@&ETI Wat Chi & N Weat Cal G&e Crié&Peves Lehigh Valley Cal Edison City South Él Blue Wid Gas United Co Thee Mo Pac Mek & T United G & Imtilities Power Uv Ae NLY C & St L H& H Corp Nor Pacific Renne É& West Gul &Wwi 9 &W Texas & Pa Hershey Union Pacific Grand Union Maryland Goodrich Goodyear Es Eees Ward United States Sumatra Car & Fdy Am Steel Lig & Meyers R “ Reynolds Pullman Westingh Air Westonay Elec Steels Am Rol Mills Bethlehem Colorado Fuel Crucible Rose Salam Steel Ace Rep Iron & Stl Newton Warren Fd Youngston Vanadium Corp Amn Boschene Briggs Brockway Chrysler Corp Eaton Axle Ils Motor Gardner Packard Sie Studebaker Stew Warner Timken Bear Willys-Overland Am Smelt & Mie Am Metals My Aly Granby Corp Gt Norre On Inspiration Cop Howe Jun Eeeee Int Nickel Kennecott Co Magma Cop Miami Coppe Nevons Texas Joe Sudeee Us&s Seee Otis— Barnsdall (A Atlantic Big Freeport-Texas Houston Oil Indooe & Gas Eeesers Mid Cent Lago Eee Pan-Am Pet Phillips Union of Cal Prairie Pipe Royal Date Lity Ichfield Ee Shell Simms Petrol Sasece Sinclair Oil Skelly Oil Tidewater Texas Corp Texas C & O White Eagle Ady Rumley Allis Chalmers Allied Snerical. Ae Byers TM Armour A. Aoa Amer Borg Warner Allegheny Corpa Crosley Congoleum Curtiss I Davidson Gen Asphal Kelvinator Lambert Seeeee Dlwseeee Radio Keith Ae Owens Peure Wail Real Sik Rem Rand Sears Roebu Union Carbide Warner Bros UN Air Craft O Univ Hoover Wall Street Chicago Stock Exchange Lager& Co New York Chicago Federal Receive Board American Water Works and Electric Company Ross Pyn- Fe On Co Missouri- Kansas Pipe Line Company Frank P. Parish

Ex Convict William Berger Killed by Police in Berkeley

William Berger 42, sought in east bay cities for three years, was killed by officer Willard Schmidt as he entered his home in Berkeley's Italian quarter with loot from a robbery. Police found toys and foodstuffs worth about 1000 dollars meant for his wife and two sons for Christmas.

United Press Berkeley Cal William Berger East Bay Berger Willard Schmidt

Wheat Opens Higher on Argentine Export Estimate

Wheat prices rise on opening as Argentine government estimates a limited export surplus of 53.8 million bushels. Corn and oats follow wheat higher while provisions hold steady. Liverpool and Buenos Aires trade show gains as shorts cover and new buying emerge.

Bu United Preas Chicago Board of Trade Liverpool Buenos Aires

Bankers Indicted in Embezzlement Conspiracy Case

W Norwell Reynolds and his two sons C Doyle and William R Reynolds, former Quincy bankers, along with Thomas E Battenberg Peter Borman and Patrick A Clarey, indicted in Chicago on charges of embezzlement and conspiracy to defraud. The case centers on Hill State Bond and Mortgage Co funded by bank funds and capital, alleged to siphon about 400000 from city residents.

United Press Chicago W. Norwell Reynolds C. Doyle Reynolds William R. Reynolds Quincy, Ill Thomas E. Battenberg Rushville Ill Peter Borman Patrick A. Clarey Hill State Bond and Mortgage Company Reynolds Hill State Bank

Christmas Party At Baptist Center Welcomes 200 Children

Two hundred boys and girls attended the annual Christmas party at the Baptist Christian Center on North Blackford Street. The event featured carol singing led by Miss Flora Anderson and performances by the older girls’ club. Donations from Baptist churches and local supporters funded the entertainment and gifts.

Baptist Christian Center North Blackford Street Flora Anderson

Fruit and Produce Prices From Regional Markets Listing

A dense catalog lists prices for apples cranberries grapefruit grains lemons oranges strawberries tangerines and various vegetables by crate, box or hamper. Standout items include Jonathan apples $2.75, Staymen box $2.75, Valencia oranges $4.50, Florida grapefruits $6.50, cucumbers $7 a crate, and cauliflower $3 per crate among many others.

Choice Jonathans Grimes Golden New York Duchess Gravenstein Wolf River Staymen Florida California Valencia Michigan Idaho Colorado Indiana Wisconsin Minnesota Red River Russell Southern Lowe Indiana Jersey Nancy Halls Hothouse

Births and Families Record Local Names and Addresses

Birth announcements list numerous families with names and home locations such as 614 North Pratik 1044 Berwyn 3949 Hoyt sure and Clara Willoughey 1136 South Kealing and 404 East Louisiana. Methodist hospital births include William and Fiotsie Blake and Brodie and Lili Gant with multiple pairs.

Verne Bertha Scock Russell Marjorie Weober North Pratik Alice Feretlson Berwyn Otis Edna Sendefur Hoytsure Clara Willoughey Maynard Mary King South Kealing Porter Rosa Thomas Louisiana Cecil Grady Jones South Keystone Wilburn Clara Avily Ashland William Fiotsie Blake Methodist Hospital

Death notices list multiple local residents by cause and age

The obituary column records numerous deaths with ages and causes including lobar pneumonia anemia myocarditis arteriosclerosis and meningitis. Names include John Raymond Laird Joyce Kerr Bessie Sarver Berline Bell Augustine Giuffre Patrick Hennig Earl Caldwell Elizabeth Mock Dorothy Watkins Mathew Koerney Patrick J O Connell Olive Stallings Esther Givans Maria Huebner Frank Seckman Edith Emmons Florence Parker Anna Hines Alexandra Doney and others.

John Raymond Laird Lexington Joyce Lee Kerr North Keystone Bessie Sarver City Hospital Berline Bell Martindale Augustine Giuffre Patrick Hennig South Olive Earl Caldwell South Meridian Mar . Bowers Maria Huebner North Pennsylvania Frank W. Seckman Methodist Hospital Edith Ethel Emmons Florence Parker Anna Hines Drake Alexandra Doney South Warman

Guard Against Peril of Overhanging Ice

Firemen and police worked to remove hundreds of pounds of hanging ice in the 200 block North Pennsylvania Street during a thaw. Fred Connell a safety board member designated a danger zone and directed police to keep shoppers safe as they warned late customers to watch for icicles.

Fred Connell Safety Board Pennnsylvania Street Connell

Richman Company Gifts One Week Pay to Employees

Richman Brothers Company announced a Christmas gift of one week’s pay for all retail store employees, including the Indianapolis store. Factories will receive two weeks’ vacation with full pay, totaling a $150,000 distribution to about 3,800 workers across forty stores and plants.

Richman Company Richman Brothers Company Indianapolis

Yuletide Cheer To Prevail In Negro Homes

Three thousand Negro families are to receive Santa Claus visits in a city wide Yuletide program by Goodfellows, supported by the Indianapolis Recorder. Flanner House will hand out 100 baskets, schools and civic leaders donate gifts, and church services mark the holiday with candlelight and music as families prepare for Christmas.

Santa Claus Goodfellows” Society Indianapolis Recorder Citi Marcus Stewart The Recorder Flanner House Settlement H. L. Herod William E. Cheek Calvin Thompson Nashville Tenn Simpson M. E. Church M. W. Clair Jr St. Monica's Guild Lillian Courtney Shriver Avenue Parent-Teacher Association of Theodore Cable E. W. Diggs Della Greer Pratt University Sarah B. Howell Dorothy Whittaker Veterans’ Hospital Tuskegee Als Henry Dunn Kokomo Chicago Maudeline Bailey Crawfordsville Sarah Bailey Boulevard Place Ethel C. Logan Pittsburgh Charles Perry St. Louis Clara Maud Perry Blackford Street Radford Morris Virgil Williams Misa Mae Belcher Dorothea Jamerson Washington, D. C Industrial Federation of the Phyllis Wheatley Irene Harris Committee of Management O. A. Johnson Alpha Kappa Alpha Johnson Alpha Mu Omega Gladys Doyle Marthe Horner Mirzs Helen Broyles Carolyn Hii Martha Roney Ypsilant. Mich Olivia Mitchell Jan Priestley Frisk Thomas Jefferson Purdue Rowena Muckleroy Jefferson City Winona Ayers Detroit James Holliman Rosetta Reese Bishop

Marriage Licenses Listed For Several Couples

Lowell Perry of 975 Division a barber and Vera E. 21 of 1007 South Pershing a seamstress filed for marriage. Voss B. Mueller 24 of Ashland and an unnamed partner 22 of 924 Oriental appear in the notice. Summerfield Magenheimer 40 of 1706 Bellefontaine a clerk wed Esther M. Con idon 26 of 1615 pennant. Winton Sasa oa a clerk and Iola cod i a clerk are also mentioned in the license list.

Lowell Perry Division Betrician Vera E. A South Pershing Voss B. Mueller Ashland Melements Oriental Summerfield Magenheimer Bellefontaine Esther M. Conidon Pennant ‘Winton

Also Mentioned on This Page

Banks and Exchange Boston Mass R.G. Lavo T. Treas James T. Hamill Continental Bank Riley Riiey Thomson & McKinn STEEL Richard L. Gridley United Press Financial Alfred P. Sloan Jr General Motors Corporation Steel Merger Reported Bu United Press All United Eae Middlewest Long Island Bermuda Southern Jersey Ceese Young America Skdlding Auto Catie Buffalo Argentina Wee Eo Kiddie Revu Timez Electrical World Ward, Wells & Dreshman Fifth Avenue New York City Borg-Warner Corporation W. A. Starrett Starrett Corporation Japan Chase Securities Corporation State of Illinois Milwaukee County City of New Haven Connecticut Mars Brodie Lili Gant South Z ‘Floyd Isabel Church Methodist Hos Jerry P. Daniels John Caldwell William Gardner John Lee Samuel Martin Fells Hughes Major Davis John Daugherty Joseph Mathews Q. L. Murphy Carrie McButts Mildred Moore Ruth Gardner Dorothy Duncan Witherspoon United Presbyterian Church North West Walnut Street D. F. White Woman's Missionary Society Phyllis Wheatley Y. W. C. A Mae Clements Clair
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