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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 27, 1928

Page

4

Stock opens weak as losses shrink later on modest market retreats

The market opened weak with tight money expectations dulling enthusiasm. Prices moved in a narrow range with small gains for American Can and some late recoveries, while Erie Greene Cananea Chrysler Hudson and General Electric slipped. Radios fell and rails declined modestly before later losses were pared.

Elmer C. Walzer United Press New York American Can Erie Greene Cananea Chrysler Hudson General Electric General Motors Motors

Bank clearings and balances across major cities

Indianapolis clearings today were 3 947 000 with 7 798 000 debits. New York state statement reports 1 423 000 000 in clearings and 179 000 000 house balance with 120 000 000 Fed credit balance. Chicago Dec 27 balances 6 900 000 from 111 700 000 clearings. Treasury Washington December 22 net balance 294 147 766.66 with receipts this month to the 22nd at 35 170 625.94.

Indianapolis New York United Press House Federal Reserve Bank Chicago Treasury Washington Atchison Atl Coast Lin Ealt & Ohio Chesa & Ohio I& Nest del & Hudson del & Ace Seaee Erie Ill Central Lehigh Valley Kane City Nor Pacific Tees Norfolk Eegnayivanis - Ace Southern Ry Southern Pac St Paul Union Spasific Maryland Ee Tee Ajax Csecceecves Fisee Goodrich Godyear Kelly-Spg United Stra Am Steel Wee Westingh Air Westingh Bethlehem Colorado Go's Vanadium ‘Corp Motors Am Bosch Mag Chandler Sone Chrysler Corp Contl Motors Graham Paige General Motors Hudson Studebaker Cor Am Smit & Rfg Cerro de Pasco Chile Inspiration Kennecott Magma Texas Gulf Atlantic Barnsdall A Freeport-Texas Dee Houston Oil Indo Oil & Ga Marland Pet Sit Phill Ase Towae - Eee Union of Cal Sinclair Oi Allis Chalmers Allied Chemical Armour A OeWws Pene Montgome Ward Pittsburgh Owens Lottle Keith Rem Rand Sears Roebuck Interboro Am Co Natl Cal Edison Gas & E Utilities West Union Tel Eee Ape Ing Atl Gulf United Fruit Oods Kroger California Fleischman Raft

Stock Market Sees Hidden Reserve Power Backing Rise

In New York on December 27 observers note strong reserve force beneath the stock market. Despite high debt high rates and low yields the market advances with vigor and momentum. A year end general rise is anticipated with buying spurred by year start distributions, focusing on quality stocks with real backing rather than mere listings.

Thomson & McKinnon New York

Various Markets Report Wholesale Butter Eggs Poultry and Cheese Prices

Chicago market notes list wholesale butter prices 51 to 53 3 4 cents per pound and 53 cents for butterfat, cheese prices for American loaves and pimentos, and egg buying prices at Indianapolis. Poultry prices show hens leghorns ducks geese turkeys with multiple weight brackets. Chicago receipts include eggs butter poultry and cheese with grade ranges. Potatoes and regional sacked russets and round whites are listed with price ranges and freight notes.

Wisconsin New York Indianapolis United Press Chicago Minnesota North Dakota Idaho Russets Fancy Idaho

Plague Adds to Suffering of Famine Victims in China

Reports to the American National Committee for China Famine Relief say bubonic plague compounds famine in northern China. The committee warns twelve million people face starvation as conditions worsen.

United Press New York China American National Committee For China

Youth Rescues Dog From Death Chamber in Tuckahoe

Patsy Salvatre faced a canine death sentence after authorities found the dog without a muzzle or license. He pulled the dog free from the execution area by the tail and was allowed to keep the pet on his mother’s promise to obtain the required muzzle and license.

United Press Tuckahoe N. Y Patsy Salvatre Patsy

Kitten Returns From the Dead In Gardiner Folklore

A Gardiner Maine kitten owned by Mrs. George Folk was found dead from gas fumes but revived before burial. The cat then returned to the Folk home at the door begging food to preserve its remaining eight lives.

United Press Gardiner George Folk Folk Kitty

Cotton Market Outlook Hoarded by Supplies Shortage

In New York on December 27 the cotton market whispers of a next summer shortage. Bulls hesitate to admit 20 cents as the price likely answer. The market shows little excitement and traders remain non bullish about cotton.

Bynot

Local grain elevators pay spot for wheat at $1.25 and $1.08

In Wagon, grain elevators quote No. 2 red wheat at 1.25 and No. 2 hard at 1.08 a bushel. Separately, in Hiawatha Kansas, Mrs. W S Hobbs reports finding a gold nugget in a chicken gizzard while others hint at possible gold in fowl gizzards as a local tale.

Sharp Rally in Calves as Hog Receipts Hold Steady

Hog prices fall a quarter at Union Stockyards with 130 to 300 pound hogs at 9 dollars. Chicago and other markets show mixed cattle and sheep trends with beef steers 10.50 to 16, veals 16.50 to 18, fat lambs up to 15.50, and assorted cows and stocks trading steady to higher.

Chicago United Press Pittsburgh Ussville United Pro Press Faso Cincinnati Nee Sane Ateee A. Wee

College Students Have Fat Lean Days

Adison Wisconsin December 27 There are lean days and fat days for the college student. Prof P G Fox of the University of Wisconsin finds Thursdays and Fridays leanest for restaurant owners as the week ends. Saturdays and Sundays are peak days due to football games and other events drawing crowds.

United Press Adison Wis P. G. Fox University of Wisconsin Fox

Wholesale Produce Prices and Varieties Listed in Regional Trade Ledger

The document catalogs a broad range of fruits vegetables and related goods with assorted price points. Entries include grapefruits lemons oranges pears persimmons and apples along with vegetables such as artichokes cauliflower stringless beans peas radishes cabbage kale lettuce onions and tomatoes. Many items note origin states like California Wisconsin Virginia and Indiana with weights and packaging forms such as crates baskets and bushels.

California Wisconsin Ptery Baracki Sweet Poto Indiana Virgina Tennessee Nancy Halls

Tariff for All Industry Urged by Tilson

Representative Tilson of Connecticut urged a uniform protective tariff for all industries in America. He said protection must be a national policy and proposed industry representatives attend tariff hearings starting January 7 to provide accurate information for a new act. He expected President-Elect Hoover to call a special session for tariff revision and farm relief.

United Press Hartford Conn America Tilson Connecticut Republican House Chamber of Commerce House Ways and Means Congress Hoover

Births Report From Local Hospitals And Homes

Birth notices list boys and girls named Thomas Meta Sloam George Ruby Mency Ella Jorio Earl Blanch Clauser Arthur Lucille Leister Walker Fern Carll Alice Boyer Joseph Clara Davey Dwight Jeanne Curnick Coleman Lee Dorothy Gardner Marie Henry Parrison Elnor White Clarence Ada Greenaugh Chester Nettie Fowler Helen Stiles Paul Pauline Robert Kathryn Pierce Elma Hannah Edward Bowles Dorothy Moore Walter Willie Durett and other households including Methodist and Coleman hospital affiliations. The item catalogs names and addresses with no further context or details.

Thomas Meta Sloam Boulevard Gackt George Ruby Mency Northan Zona Bell West Fourteenth Pees Ella Jorio Hos- Earl Blanch Clauser Methodist Hospital Arth Lucille Leister Walker Fern Carll Methodist Hosme Alice Boyer Joseph Clara Davey East Kenseph Marie Henry Coleman Parrison Elnor White Coleman Hospital Clarence Ada Greenaugh Broadway Chester Nettie Fowler Northemenese Helen Stiles Paul and Pauline Robert Sph Kathryn Pierce Elma Hannah Graceland Edward Sar Dorothy Bowles Villa Robert and Mary Moore Coleman Hos- Pi Walter Willie Durett West Twenty-sixth

List of Deaths and Causes From Local Hospitals

The notice lists numerous individuals with ages and causes of death including pneumonia bronchitis myocarditis influenza and cerebral hemorrhage. Names include Samuel Richard Newhouse Julia Thompson Thomas Yerbrough H K Wright Robert Linnaman Patricia Baker Mary Ann Mathis Bernice Roller Marion Crim George Ameter Bernard Kelly Caroline Talbot Oi Yee S McGee Fannie Leek Rebecca Wood Melody Deleff Emma Jane Nelson Belle Showalter Spannette Case Uiegas Fortune Joseph Davis Martha Letcher Ida B Naar Frank Curry William Lynam Eunice Lough Noblitt Albert Wheels Louis Eicke Elizabeth Morgan Florence Wright Elsey Shadday Jane Turley Marcia Farr Clara Day Nina Wilhite Minnie Bowles and others.

Samuel Richard Newhouse Methodist Hospital Julia Thompson Talbott Thomas Yerbrough Lexington H. K. Wright North Emerson Robert Linnaman Fletcher Patricia Louise Baker Mary Ann Mathis South Randolph Bernice Roller East Thirtieth Marion Crim Kenwood George W. Ameter Reisner Bernard Kelly East New York Caroline Talbot Oi Yee S. McGee City Hospital Fannie Leek Christian Hospital Rebecca Wood East Thirtyfourth Melody G. Deleff Emma Jane Nelson Congress Belle Conrad Showalter South Gladstone Spannette Case North Beville Uiegas Fortune City Noblitt East Vermont Albert Wheels Louis Eicke Columbia Elizabeth Morgan East Raymond Florence Wright South Cincinnati Shadday Christian

Transit panel defends 7 cent subway fare in supreme court

The New York state transit commission filed a 201 page substitute brief in the U S Supreme Court today to uphold its opposition to the 7 cent Inter borough Rapid Transit subway fare order. The filing follows a 232 page brief ten days earlier after a federal court ordered reargument.

United Press Washington New York State Transit Commission United States Supreme Court Commission

Wheat and corn trade mixed on Chicago Board of Trade

December wheat dipped as futures weakness persisted while corn held firm and oats tracked the gain in corn. Wheat rose in Liverpool on short covering for December delivery amid tight U S grain supplies and heavy world consumption. Demand for cash corn remains strong with light receipts and export needs shaping the market.

United Press Chicago Board of Trade Liverpool

U S Radio Wave Aimed At Calcutta From Schenectady

The General Electric short wave station W2XAF in Schenectady sent a direct message to Calcutta India for about thirty-two minutes from 6:30 to 7:02 a m local time. Speaker Mrs Sarojini M rose former president of the India National Congress and former mayor of Bombay delivered the principal address. Senators Copeland Bickel and Walsh contributed brief messages.

Schenectady N. Y United States Calcutta India General Electric Company W2xaf National Congress Sarojimi Mardu The India National Congress Bombay Royal 8. Copeland Karl A. Bickel David R. Walsh Massachusetts

Six Injured in Truck and Automobile Crash in Columbus

Six people were injured near Columbus Indiana when an automobile and a truck sideswiped at a culvert. The car plunged into a six foot ditch overturned with occupants trapped. The truck overturned and caught fire. Driver Howard Callahan suffered serious burns. Emily McMahon sustained a possible skull fracture. Others were hospitalized in non critical condition.

Columbus Ind Here Howard Callahan Emily McMahon

Croat Leader Plans Boycott Over Match Monopoly

Belgrade reports M. Matches, president of the Croat Peasant party, calls for a boycott of matches in protest against a government grant of a match monopoly to a Swedish firm. The party aims to switch to flint and steel, promising to put a check on matches.

United Press Belgrade Jugo-Slavia M. Matches Croat Peasant Party M. Matchek

Half a Bed for Rent in Budapest Ad

A Budapest want ad offers half a bed for rent with moderate terms. Madam Andrassy at 42 Sandor St invites inspection. The bed is available 8 p.m. to 8 a.m. with a night worker using the opposite twelve hours.

United Press Budapest Focal Madam Andrassy Sandor St

City in Brief Friday events and incidents across Indianapolis

American historical convention and multiple luncheons gather at venues including Claypool and Lincoln with groups such as Phi Delta Theta and Lambda Chi Alpha. A fire at 453 West Thirteenth Street caused about 1800 dollars in damage. Police investigated a possible gun battle near Forty-second and Broadway with no injuries found. A Christmas luncheon and a farewell dinner mark community activities and updates.

American Historical Convention Claypool Indiana Christian Ministerial Associa

Burglar Nabbed After Dropped Ring Leads Police

In Kulpmont near Mt. Carmel, a burglar tried to rob Dr. R. B. Bast and fled with 105 dollars. He dropped his key ring, revealing his name and address, leading to his arrest and recovery of the cash. France Fights Against Rats. France campaigns against a new rat menace with a black eyed white bodied brown eared and tailed rat.

United Press Mt, Carmel R. B. Bast Kulpmont Here Paris France

Queer British Legacy Left by John Rudge in England

London reports on John Rudge of Trusull Staffordshire who endowed five dollars a year to assist a poor man to walk around the church during sermons and to provide two sleepers and eject stray dogs, a peculiar bequest reflecting historic charitable practices.

London Great Britain John Rudge Trusull Staffordshire

Becky Thatcher burial ends era in Hannibal

Mrs Laura Frazer of Hannibal aged 91, long identified as Becky Thatcher from Mark Twain's novels, was buried in Big Creek cemetery near Hannibal after dying Wednesday. She inspired Twain’s Becky and grew up with him in the river town, near the school he once attended.

Presa Hannibal, Mo Mark Twain Becky Thatcher Laura Frazer Hannibal Mississippi River Hills Becky Tom Sawyer Twain

Co ed rewarded three hundred for aiding murder capture

Marian Jay 20 year old former May queen at Rockford college receives 300 dollars for providing evidence that helped capture David Shanks, the black murderer sentenced to die. She found a ribbon from a wrist watch torn from Miss Jennie Constance's body, a clue Northwestern University later used in the case.

Marian Jay United Press Craicago Rockford College David Shanks Evanston Jennie Constance Northwestern University Miss Jay Northwestern

Grand Duke Nicholas Improves After Illness

It was reported in Cannes that Grand Duke Nicholas of Russia has improved greatly from a serious illness and can sit up. Because of his improved condition no medical bulletins will be issued for the present.

United Press Cannes France Grand Duke Nicholas of Russia

Matrimonial Notice Puzzles German Husband

A German man in a humorous ad asks readers to “keep” his wife who has departed, confessing his puzzling feelings and inviting the finder to take her. The quip plays on marriage troubles as a lighthearted newspaper gag.

United Press Finder

U S Overseas Trade Set for Record Growth in 1929

Dr. Julius Klein predicts 1929 will be a record year for American overseas trade with total volume and value surpassing all prior records. Growth spans South America and Asia, with exports rising in automobiles machinery textiles and office appliances as demand broadens nationwide.

Scripps-Howard Washington Julius Klein Bureau of Foreign and Domestic Commerce Dr. Klein South Central America Australia New Zealand China India Asia Klein Bureau For Foreign Trade Boston Baltimore Birmingham North Carolina Chile Wichita Falls Tex America

Seek Convention Here by Indianapolis Delegation in Nashville

Henry T. Davis of the Indianapolis convention bureau led a forty member Phi Delta Theta alumni group in Nashville to win the 1930 national convention for Indianapolis. About 600 members are expected, with Indiana University's Alpha chapter founded in 1849 noted as the oldest continuously active chapter. The Indianapolis Alumni Club dates to 1871. In Cambridge, Mrs. Margaret McDonald reported a $36 handbag theft including her marriage license.

Henry T. Davis Indianapolis Phi Delta Theta Nashville Tenn Indiana University Alpha United Press Cambridge Mass Margaret McDonald

Also Mentioned on This Page

Radio Corporation Consolidated Gas Montgomery Ward Chesapeake and Ohio Victor Warner Brothers Pictures Banks and Exchange Gizzard Rich Hiawatha Kas W.S. Hobbs NEW York Coffee Barge & Ww Close Eid Wayne Bulk Eeeraion Jonathan Bajonathan Jamaica Valencia Florida Virginia U. S Fights New York State Commission Chicago Grain Table Speciat AIM Schenectady Company Dn United Preas Jugo-Slavs Beau Brummel Grover Whalen James J. Walker Joseph Warren Whalen West Thirteenth Street Kiwanis Club Eli Schloss Athenaeum Indianapolis Safety Council Indiana National Guard Armory State Department of Conservation Woodlands H. H. Evans Newcastle State House of Representatives Forty-second and Mystic Tie Lodge No Masonic Temple North Illinois Streets Walter Harmeson West Twenty-ninth Street Harold and Glen Harmeson Purdue Anderson Minnie Kidd St. Vincent's Hospital Illinois M. C. Hyatt Park Avenue Hyatt Columbia Club James A. Collins William H. Remy Judson L. Stark Paul Rhoadarmer W. H. Manifold William Sheaffer John L. Niblack Donald D. Hoover Ralph Brooks Charles Carll Catherine Méerrillent Daughters of Union Veterans Leona Welling Tacoma Avenue Will Old Cemetery Slayer U.S Hoosier Petroleum Hoosier Petroleum Co New York Stock Exchange Pennsylvania St Terre Haute Crawford Muncle
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