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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 21 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 28, 1927

Page

4

Midland Steel Preferred Jump Leads Early Stock Market

A sensational rise in Midland Steel Products preferred led early stock trading. The issue opened at 300, up 27 percent, with common stock also advancing. General Motors showed strength, utilities rose, and railroad, copper and oil issues eased slightly as the market held steady.

United Press New York Midland Steel Products United States Steel Steel General Motors Ater Brooklyn Edison Wall Street Journal Financial Review New York Central Union Pacific Canadian Pacific Rock Island

Banking and Exchange Rates Reported Across Cities

Indianapolis banks show deposits and debits figures though incomplete. New York money market notes bank clearings at 1.343 billion dollars with a substantial clearing house balance. Foreign exchange bands price sterling around four dollars and various francs, lira, and marks quoted with changes.

New York E York Clearing House Itghpurte Dalry

Indianapolis Stocks Faces Wine Theft Charge in United Press

WARSAW Ind Dec 28 Theft of twenty four quarts of grape wine from a 200 gallon consignment at Niles Michigan is charged against Kenneth Denninger Niles arrested here to-

United Press Warsaw Ind Niles Mich Kenneth Denninger

Hogs rise on local market as receipts fall

Hogs were generally 20 cents higher on the local livestock market today with about 8,000 received. The top price reached $9 for 180 pound plus meat animals. Chicago trade opened fairly active, bids for choice heavy butchers at $8.80, while 220 to 250 pound animals sold near $8,6098.75.

Chicago

Morgan chosen head of premier industrial group

The decision to appoint Morgan as head of the nation's leading industrial organization is seen as boosting confidence in business standards. Rail earnings dip in step with lower carloadings, while a new Mexican oil bill advances toward final enactment, potentially aiding Mexican ventures with American capital. High money rates may persist briefly, but markets should remain active with investment demand offering profit opportunities.

Thomson & McKinnon New York Morgan Senate

Fertilizer index easing after Oct peak in week to Dec 24

United CBR PXTASHINGTON reports the National Fertilizer Association index rose one tenth of a percent for the week ended December 24. The index sits six tenths of one percent below the October 15 peak. Small gains occur in textiles grains feeds livestock foods and building materials with declines seen in tobacco coal and gasoline.

United Cbr Pxtashington Wholeac Con National Fertiliry Association Indgx

Midwest Livestock Markets Reported Across Several Cities

United Press dispatches from Chicago Cincinnati Buffalo Toledo and other centers show cattle receipts varying by weight and class with steadier to higher bids on fat cattle and vealers while sheep and hog prices show mixed results. Heavy steers and high quality vealers command premium as buyers shift to weighty offerings with several markets noting declines for lambs and lighter stock.

Market United Press Chicago United Presa Cinnati Seabee

Merger Plan For Major Rail Lines Under ICC Review

Interstate Commerce Commission expected to decide soon on O. P. and M. J. Van Sweringen giant merger uniting Chesapeake & Ohio Pere Marquette Hocking Valley and Erie railroads into one trunk line system. Commissioners Meyer Eastman and Woodlock have studied the proposal for some time.

Ashington Interstate Commerce Commission O. P M. J. van Sweringen Chesapeake & Ohio Pere Marquette Hocking Valley Erie Meyer, Eastman and Woodlock

Retail Price List For Commodities From Various Markets

Retail prices for fruits and vegetables list Jonathan and Grimes Golden apples, Staymans and Winesaps, Bellflowers, and other varieties with barrel and box pricing. Also includes bananas, berries, citrus, pears, avocados, and greenhouse items with per crate, per dozen, per bag, and per pound rates from California Florida Michigan and Jamaica markets.

Belton Jonathans Staymans Grimes Golden R. I. Greenings Baldwins Wagners Jonathan Wolf River Rome Emperors California Almeria Florida Jamaica Washington Gauliflower Michigan Arizona Indiana Minnesota Red River H. G Nancy Hall

Market prices for butter eggs and produce in Cleveland and Chicago

Prices list items from butter and eggs to cheese, poultry and potatoes. Markets show regional quotes for butter extras firsts seconds and wholesale ranges with American and imported goods, plus live poultry and turkeys with per pound bids and various potato and sweet potato price bands.

Wisconsin Steaal Long- Barty Kc New York Secultry Sparta Leshorn Seahorn Springs United Press Cleveland United Pfe Midwest Long Island Young America Jersey Basket Southern Maine Bermuda Southern Basket Chicago Young Americas Idaho

Local Wagon Wheat Prices Move on Wheat Market

Local buyers quote No. 2 wheat at 1.29 dollars per bushel with other grades purchased on their merits.

Sugar market holds narrow limits in New York notes

In New York the sugar market moves within narrow bounds with a revised German beet crop estimate 35 000 tons below November. Raw sugar is unchanged with January at 2.71 and May at 2.88. Senator Tarafa expected to issue a statement on his Europe mission. In a separate notice a job seeker case ends with dismissal after an unsolicited hug and kiss.

Thomson & McKinnon New York Licht Tarafa Europe Kiss Tillie Karsnick

Business sees good prospects for 1928

New York leaders across industry predict higher production and steady growth in 1928. Executives from General Motors, Woolworth, utilities and railroads foresee prosperity with credit conditions favorable, while coal lags and expects pressure from electrification.

New York Henry Ford Pennsylvania United States The Stock Exchange John J. Raskob General Motors Ford Motor Company Alfred P. Sloan

Puzzle-Head Rules for Times contest

The Times invites readers to extract No 3 Head lines marked No 3 Head See Puzzle. Create two line puzzle heads by pairing lines from different No 3 heads to form sensible phrases. Use lines as printed, keep order, repeat lines if usable, and submit with name and address by 5 PM Friday. Prizes awarded next Tuesday.

Puzzle-Head Tech the Times Maryland St

Morgan named new United States Steel chairman

John Pierpont Morgan is elected chairman of the United States Steel Corporation succeeding the late Judge Elbert H. Gary. James A. Farrell becomes chief executive officer while Myron C. Taylor chairs the finance committee. The change signals a new era for the steel giant and aligns leadership with longstanding Wall Street influence.

New York John Pierpont Morgan United States Steel Corporation Elbert H. Gary Morgan Beecene FC Mata 2 Blenntne Aed MyrVll& Abyiut B&b Ulreowwl BU Gary James A. Farrell Judge Gary Steel Corporation Wall Street J. P. Morgen Myron C. Taylor Taylor George F. Baker

Puzzle Head Awards Made by Puzzle-Head Ted

The Times publicizes a daily Puzzle-Head contest run all week with cash prizes. Winners include G. E. Long of Indianapolis for $5, Frank L. Durham of Cincinnati for $3, and Casper Cooper of Wingate, Indiana for $2. Readers are urged to submit clever Puzzle-Heads based on today headlines.

the Times Ted Times G. E. Long Indian Toys and Novelties Manufacturing Company W. Morris St Frank L. Durham E. Seventeenth St Casper Cooper Wingate Ind

Wet Weather Triggers Rally in Corn Prices at Chicago

Unfavorable wet weather across the belt spurred a rally in corn and firmer other futures on the Chicago Board of Trade. Wheat activity was quiet with little change as corn led the session. Receipts totaled 198 cars for corn and 24 for oats as cash corn rose modestly while provisions slipped.

United Press Chicago Chicago Board of Trade

Cotton Market Signals Confidence in Spot and Nearby Futures

In New York on December 28 the cotton market shows confidence as near-month contracts strengthen. January holds firm, March expected to rise, and buyers see value on pullbacks. Futures quote January 70, March 19.75, May 1.88, July 9.62, October 19.93 with modest gains.

Thomson & McKinnon New York Ontton

Marriage Licenses Listed for Multiple Couples Across City

The notice shows numerous couples obtaining marriage licenses including Chester Bundrent, Opal Reed, Charles Kettner, Maxbelle Edwards, Glen Berr, Re Me e, Spangler, Villa Willsey, George N. Stamper, Florence Sims, Youncy Hill, Gertrude Donahue, William Kuske, Mary H. Newell, A P B Guyton, Bertha B. Martin, Joseph Seibold, and Mary Herman with ages and occupations such as waiter, operatar, fur worker, barber, construction, student, porter, press man, clerk, and various city addresses.

Chester Bundrent Highland Opal Reed Twentieth Operatar Charles Kettner Cincinnati Syng- Greens Maxbelle Edwards Ngton Glen Berr Nicaga Ox Eine Wis Spangler Apoleon Dow Trimmer Villa Willsey Prospect George N. Stamper Thirty- First Florence Sims Shell Bertha B. Martin Sheppard Joseph Seibold Charles, Pressman Mary Herman Union

Births and deaths listed from St Vincent’s and nearby hospitals

A long list of birth announcements and patient deaths from St Vincent’s Hospital and affiliated facilities. Names include Ellen Rein, Marian Ferguson, Gladys Williams, Betty Hynes, and many others. Hospitals cited include St Vincent’s, Methodist Hospital, Christian Hospital, and Riley Hospital with details on patient ages and causes such as pneumonia and heart conditions.

Wraspliat Ellen Rein St. Vincent's John Nellie Walsh Vincent's Hospital Ieee Gladys Williams Saeen P Gertrude Daly Lospita Wea Sarah Sondin Hosones Bessie Hall N. de Uiney Edward Mary Henry Earth George Stotler City Hospital Lobar Henry J. Vrasing Christian Hospital Mattie M. Collins Madison James Hollingsworth Bert C. Hesterberg Central Indiana Hospital Elmer J. Shea Edmund Charles Ryan Methodist Laat F. Brandt

Building Permits and Repairs Listed for Various Locations

A local permits list shows Cooper repairing a garage at 1830 Barth for Min nd and Bessie Eahart, with other entries including garages at 5437 39 Oenites Julius Nena and 6229 Seator Welling Washington Blvd, Homer Watson adding a room at 3058 Newton, shed by C E B Carter near Monon switch, and multiple garages and sheds at 5018 N Mati, 264 Northwestern, and Sixth Street with modest sums noted. The entry also notes Russia’s interest in Eugene ONeill plays as his new work Laughed will be produced in New York.

E . Cooper Barth YF McDowell Broadway Bessie Eahart Min Julius Nena Seator Welling Washington Blvd Ee C Pittman Northwestern Homer Watson Newton EB. Carter

Also Mentioned on This Page

Midland Steel Narant Te of Laening Industrials Banks and Exchange Indianapolis Pee Bank Amer Central Life Erepensating Co Belt Belt &One Centart Cities Service Co Cities Service Co Citizens Gas Co Commonwealth Loan Co Pauitanle Securities Co St Hook Indiana Service Corp Ianapolis Gas Indpis Indpis Water North Ind Union Trac Trust Wee Baye Beniers Fletcher American Trust Co Jerv and Trust Co Ene National Bank Ly Inliana Trust Ivestock Peezeee Alge County Ban Ion ‘Trus' Company Aoe Wasih Bank and Just Co Aee Belt RR and Stockyards Cent and Power Co Bend Cititzens Gas Co Citiizens St Tnipis Union Pbey Inn Liberty Bonds Liberty Loan Seeeveces U 8 Treasury Treasury Af U 5 Citizens Gas Atchison Coasy Hasenee Canadian Pac Cri&p Ni Delue & Lack Erle Watt Lehigh Val Uth North Racine Nor & Wonca Pennsy Southern Rae Onion Pacific Igi Wabash Pfabhers Steeeee Goodyear Keily Snef S Rubber Mer Am Steel Gea Elec Co Lina Y Airbra Pullman Wereree Wsth Elec Bethle Teels— Ee Peerless Pierce Ar Studebkr Timken Will -O Houston Phil Pet Pro & Rees Se Union Oil Sinclair Skelly Crh Armour A Dupont Mont Lead Sears-Roe United Pris Pve Woolworth Us Ind Utilities Amer Express Amer Brklyn Man Interboro Io Am Co Sense St Gas Atlantic United Fruit Cuba Liggett Gen Lorilla R J Reynolds Ucl Schulte RS Lambs Advances Ecia Oul Vince Cean Uffalo Dover Pertssonon Toledo Metides Commission Aee Eee G. Walzer H. T. Parson F. W. Woolworth Company Martin J. Insull Middle West Utilities Company R. H. Aishton American Railroad Association W. B. Storey Atchison, Topeka & Santa Fe Railway Crowley P. E. Crowley New York Central Lines William L. de Bost Chamber of Commerce of New York State James A. Campbell Youngstown Sheet & Tube Company Charles E. Mitchell National City Bank of New York Ford S. W. Straus 5. W. Straus & Co Henry L. Doherty Cities Service Company J.p.morgan New U.S. Steel Head J. P. Morgan Puzzle Head Puzzle-Head Chicago Grain Table Bernard and Ide Tmberman St. Vincent's Hospital Paul Suzanne Seward Louis Arthalinda Bernatz St. Vincent’s Hospital Imam and Hortense Thomas Alva Florence Lawless Massachusetts Nee and Lois Hartman Methodist Weiry Toba Grossman Methodist Ospital Mul Gale Korstenson W.rty Carl and Maude Lautz Livineste Ergeeph Sana Semniette Schoen Rk F Terow Eniae Fuqua W. Tweny Preston Inez Nichols N. Cole- Taaries Marget Kersey N.rexel Lillian Hargett Morgan, Uilord Mabel Helms Brooksigimes Alma Griffin Tabor Russia O'Nei Eugene O'Neill
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