Railroad group steadies market amid broad stock retreat
Impressive railroad strength steadied a reactionary market at the start of the week as heavy selling hit steel General Motors and General Electric. Railroad issues including Missouri-Kansas-Texas Pennsylvania Missouri Pacific Rock Island St Louis-San Francisco encountered late-day highs while utilities and oil shares faced declines.
MENTIONED IN THIS ARTICLE
United Preea New York
Steel
General Motors
General Electric
Missouri-Kansas-Texas
Pennsylvania
Missouri Pacific
Rock Island
St. Louis-San Francisco
Atchison
Union Pacific
Erie
Chesapeake
Ohio
New York Central
St. Paul
Canadian Pacific
Western Maryland
Reading
Consolidated Gas
Standard Gas
National Power and Light
United Gas Improvement
United States Steel
Bethlehem
Colorado Fuel and Iron
Atlantic
Bank and Treasury Balances Across Cities
Indianapolis bank clearings for July show $4,281,000 in debits and $8,887,000 in credits. Chicago bank clearings stand at 103,200,9000 with house clearings balances of 37,000,000. Treasury net balances as of July 12 reach 239,388,782.94 with customs receipts 19,829,331.94. New York bank stat shows stealings, clearing house balance 128,000 and Federal Reserve credit balance 123,000,900.
MENTIONED IN THIS ARTICLE
Indianapolis
Chicago
United Press
Washington
Treasury
United Preas New York
Aetate Clearing House
Federal Reserve Bank
Rail shares rally as market hints at shift in money rates
The Stock Market column notes railroad stocks moving, trading near ten times earnings with yields above industrials. It cites improving profitability and efficiency, while warning rails may resist adverse conditions like higher money rates, with calls kept at or below 9 percent signaling market confidence.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Six Injured When Auto Hits Abandoned House
Evanston Ill July 15 Bernard Donnelley 21 near death in hospital and five Northwestern university students hurt as car maker sharp turn plunged thirty feet down embankment into an abandoned house Driver George Drew and three young women suffered non fatal injuries while L C Miller 21 of Toledo Ohio also injured
MENTIONED IN THIS ARTICLE
United Press
Evanston
Bernard Donnelley
Northwestern University
Donnelley
L. C. Miller
Toledo
O. George Drew
Condition of Woollen Fortunate After Minor Operation
Evans Woollen president of Fletcher Savings and Trust Company underwent a minor operation today at Long Hospital. His condition was reported favorable this afternoon.
MENTIONED IN THIS ARTICLE
Evans Woollen
Fletcher Savings and Trust Company
Long Hospital
Retired Indianapolis Policeman Charles F. Dawson Dies
Charles F. Dawson 71 longtime Indianapolis police veteran died at his home after a year of illness. Appointed in March 1884 he served 37 years in the force including two captaincies before retiring in 1920. Born in Southport he lived in Indianapolis most of his life. Survived by his widow and a son Captain Mark Dawson of the 11th Field Artillery in Hawaii.
MENTIONED IN THIS ARTICLE
Charles F. Dawson
Tecumseh Street
Mr. Dawson
Indianapolis
Dawson
Southport
Mark Dawson
Eleventh Field Artillery
Scoffied Barracks
Hawaii
Fruits and vegetables price list from commission row
A dense catalog of market prices listing fruits and vegetables by type, origin, and unit. Items include apples, cherries, grapes, citrus, berries, peaches, citrus and root vegetables with per crate, per dozen, per bushel, and per bag quotes from California, Jamaica, Argentina, Michigan, Texas, Florida, and Louisiana.
MENTIONED IN THIS ARTICLE
California
Argentina
Jamaica
Valencia
Denny Oekes
Texas
Michigan
Idaho
Louisiana
Florida
Nicholson Indorses Hospital Fund Drive for Indiana
Councilman-author Meredith Nicholson endorses a 300000 dollar Indiana Christian hospital fundraising drive in a letter to Robert Moorhead. He argues Indianapolis is underserved and urges the project to provide a first rank house of healing accessible to all. Moorhead reports 10,279 patients treated in four years.
MENTIONED IN THIS ARTICLE
Indiana Christian Hospital
Meredith Nicholeson
Robert L. Moorhead
Nicholson
Indianapolis
House of Healing
River Frolic Planned by Indianapolis Club
The Indianapolis Mercator Club will hold a river frolic on the Ohio July 21 led by picnic chairman Ralph Daugherty. A Big Four train will carry the party to Fern Bank near Cincinnati where a river steamer will be boarded with Louisville Cincinnati and Dayton clubs joining in the all day celebration. The train departs Indianapolis at 8:30 a.m. and returns at 9:30 p.m.
MENTIONED IN THIS ARTICLE
Indianapolis
Mercator Club
Ohio
Ralph Daugherty
Fern Bank
Cincinnati
Louisville
Dayton
Damage scare boosts wheat to new high
Wheat prices surged across world markets led by Winnipeg with an 11 percent jump. Chicago closed at new highs for September and December as profit-taking faded late. Corn and oats rose modestly while provisions stayed steady. floods in Kansas impeded new movement and receipts totaled 121 cars.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Winnipeg
Canada
American Northwest
Board of Trade
Australia
Argentina
Liverpool
Buenos Aires
Kansas
Markets Report butter eggs poultry cheese prices
Chicago market news shows eggs firm with receipts of 18 091 cases and pricing from 25 to 32 cents for various grades. Butter eases with tub prices from 37 to 40 cents and cheese including Twins at 21 cents and Young Americas at 22 cents. Poultry prices list fowls 18 to 28 cents and turkeys 20 to 30 cents, with other birds noted. Potatoes reported slightly easier with Kansas Irish Cobblers around 39.10 per cwt and Bliss Triumphs mentioned.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Kansas
Duvall counsel to file rehearing in corrupt practices case
Attorney Michael Ryan said John L. Duvall will seek a rehearing before July 28 after the Indiana appellate court upheld his 1926 election corruption conviction. Duvall was fined 1000 dollars and sentenced to thirty days. a rehearing could delay the jail term.
MENTIONED IN THIS ARTICLE
John L. Duvall
Michael Ryan
Indiana Appellate Court
Duvall
Ryan
Negro Held in Murder Blamed on Jealousy
Jesse Brown a 45 year old Black man living at 331 Blake street was arrested charged with the murder of Neolis Martin a 37 year old Black man at 715 West Tenth street. Brown allegedly fired three shots through a back door and Martin died instantly. Witnesses say Brown believed Martin was with his wife Mrs Brown.
MENTIONED IN THIS ARTICLE
Jesse Brown
Blake Street
Neolis Martin
West Tenth Street
Brown
Martin
Musicians' Union Sponsors City Park Concert
The Musicians' Union will sponsor a fifty piece band concert in University Park on Thursday night July 25. The program will be broadcast from station WFBM from 8 to 9 p m. Mayor L Ertslack will give a brief talk. Extra seats will be added for a large crowd. The Arndt Concert Band under Herman Arndt will perform at Camp Sullivan on July 17 and University Park on July 18.
MENTIONED IN THIS ARTICLE
Musicians’ Union
University Park
WFBM
L. Ertslack
Arndt
Herman Arndt
Camp
Hogs steady to 5 cents higher in local yards
Hogs opened steady to 5 cents higher with 160-280 pound hogs bringing about 11.85 to 12.35. Receipts around 6,000 and 380 holdovers from Saturday. Cattle slow. steel trade narrow. Weaker cattle 25 to 50 cents lower. Weaners steady to 1 dollar higher. top hog price 12.40 for 160-219 pounds. Chicago market cited with varied weights and prices. Sheep stronger with lambs up to 14.75 and throwouts 9.50 to 12.50.
MENTIONED IN THIS ARTICLE
Chicago
Hogs and Cattle Prices in Chicago Louisville and Fort Wayne Markets
Chicago hog receipts 52 000 with direct hogs up to 12 30 per cwt for 180 206 lb hogs. Cattle receipts 17 000 with top steers at 16 50 and vealers to 14 50. Louisville hogs steady with 11 35 to 12 20 for 130 300 lb. Cattle steady to 50c lower, prime heavy steers to 13 50. Fort Wayne cattle receipts steady with 11 50 to 12 25 for many weights and calves around 15 50. Dates July 15 indicate market activity across cities.
MENTIONED IN THIS ARTICLE
Lex
Clos Atehtson Bay
Coast Line
Ealt & Ohio
Canadian Pac
Chesa & Ohio
Chi & Wes
Chi Gri West
Oa & Lac
Tl Central Penny Peat
Kan City
Lehigh Valley
Lou & As Aaae
M & T. Eae
Mo Pacific
Eaeae
N.Y C & St L
NH Sr
Pacific
Union Pacific
West Maryland
Fisk Ajax
Ble
Goodrich
Goodyear Ee
Ase Kelly-Spaldesos
United States
Am Car & Fdy
Am Steel
Eas Amer
Tan
NY Air Brake
Westingh Air
Steels
Bethlehem peeneellOie
Colorado
Crucible Aee
Gulf States
Inland Steel Eaee
Otis
Rep
Tron’ & Stitt
Warren Fdyotee
US Steel O
Youngston Steel Iit
Vanadium Corp
Motors— Am Bosch Mag
Briggs Basakeves
Chrysler Corp
Graham Paige
General Motors
Packard
Murray
Pierce Arrow
Studebaker Cor
Willy Overland
St Am Smil & Rfg
Calumet & H
Granby
Kennecott
Magma
Miami
U S
Texas
Houston i
Indo Oil & Gas
Lago Oil & Tr
Pan-Am Pet
Phillips Petrol
Prairie Oi
I Union of Ca
Shell Prairie Pip
Richfield
Sinclair Oil
Shell Oil
Rumely Ory Alis Chale
Borg Warner
Raos
Am Woolen
Davison Chem
Dupont
Famous Players
Rem Rand
Sears Roebuck
Union Carbide
Univ Pipe
Warner Bros Ree
U S Indus Alco
Woolworth Co
Am Tel & Tel
F Power
BS Pub
Nor Am Co
Cal Edison
United Gas
United Corp
Std Gas & E
Utilities Power
West Union Tel
Ping— Aoe N Tl Corp
Tee Ee
United Fruit
California
Fleischmann Co
Punta Alegre
Postum Co
Tle
Ward Baking
Sumatra
Lorillar Meyers
J Reynolds Tob Products
United Cigar St. Schulte
Grand Union c
Grand Union Pfd
Eee
United Press
Chicago
Bu Times
Louisville
FT. Wayne
Ind
Buck Jones Wild West Show Held Up By Court
The Buck Jones wild west show bound for two performances at Pennsylvania Athletic Park is detained in Danville, awaiting court action on foreclosures by Dell Holdum of Los Angeles and Baker Lockwood of Kansas City. Deputies guard 25 show cars as the show is enjoined from moving. The mortgages total 15,000 dollars and concern a luxurious sleeping car built for Jones family. Dispatches offer no timing for a possible Indianapolis appearance.
MENTIONED IN THIS ARTICLE
Pennsylvania Athletic Park
Danville
Los Angeles
Kansas City
United Press Dispatches
Dell Holdum Corporation
Baker-Lockwood Company
Kansas City Company
Dispatches
Jones
Indianapolis
Legion Family Holds Annual Picnic at Forest Park Noblesville
Members and friends of the John Holliday post of the American Legion gathered for their annual picnic Saturday at Forest Park in Noblesville.
MENTIONED IN THIS ARTICLE
John Holliday
The
American Legion
Forest Park
Nobelesville
Wheat and industry trends highlight mid July reports
Government crop projections show total wheat at 834 million bushels with winter wheat down 40 million from June forecasts. cotton acreage also reported. Banking suspensions rose in the central west to 148 in Q2, total liabilities about 354 million dollars. Steel schedules, rail income, and retail trade in dry goods point to cautious optimism for autumn. Paramount Famous Lasky acquires Northwest Theaters for about 10 million dollars.
MENTIONED IN THIS ARTICLE
Tron Ase
Chicago
Signmen Convicted of Malicious Trespass In Advertising Firm Incident
Harry Tiskin and Frank Tieben, both convicted of malicious trespass, were fined 180 dollars and costs and sentenced to 30 days in county jail by Judge James A. Collins. They allegedly threw lamp black filled bulbs at twelve General Outdoor Advertising Company signboards. more than seventy boards were damaged by other participants in the labor dispute. the firm seeks no clemency as others named are not identified.
MENTIONED IN THIS ARTICLE
Harry Tiskin
Jackson Place
Frank Tieben
Delaware Street
James A. Collins
General Outdoor Advertising Company
J. W. Joseph
U S Exports Reach High June Total in 1929
Merchandise exports for June 1929 reached 397 million dollars, the highest for that month since 1920, per the commerce department. Imports for June 1929 were 352 million dollars. Six month totals show exports at 2.627 billion versus 2.378 billion in 1928. Gold exports reached 350 million, silver exports 5.441 million, with corresponding imports of 30.762 million and 5.022 million.
MENTIONED IN THIS ARTICLE
United Pr
Washington
United States
Commerce Department
India and world travel lecture scheduled at home economics studio
Mrs. F S Warner former Indianapolis woman will speak Wednesday noon at the home economics studio 220 Century building on India China Japan and Africa travels under the auspices of the women of University Place Christian church.
MENTIONED IN THIS ARTICLE
India
F. S. Warner
Indianapolis
Home Economics
Century Building
Women of the
University Place
Estate of James G. Murdock Bequeaths to Two Sons
The will of James G. Murdock, 36, of Indianapolis, filed for probate in Marion county, leaves an estate of several hundred thousand dollars to his two sons John Benjamin and James J. Murdock of New York. Indiana Trust Company named executor. The sons share the income until their thirtieth birthdays when they receive their shares. Murdock lived in Indianapolis 1914 to 1924 and died while visiting his brother A Gordon Murdock at 4041 North Meridian Street. He maintained homes at Great Neck Long Island New York and Billings Montana.
MENTIONED IN THIS ARTICLE
James G. Murdock
Indianapolis
Marion County
John Benjamin
James J. Murdock
New York
Indiana Trust Company
Murdock
Vera Cruz Saloons to Close Over Tax Hikes
Three hundred saloons in Vera Cruz will shut as taxes rise, per dispatches to Mexico City. The closures reflect intensified taxation impacting nightlife and local commerce in the port city.
MENTIONED IN THIS ARTICLE
Mexico City
Vera Cruz
Eye injury case yields suspended sentence and fine
Alexander King of Holt and Morris streets pleaded guilty in criminal court to striking L F Paetzel of 719 North Illinois street and breaking his glasses, causing the loss of the left eye. Judge James A Collins fined King $50 plus costs and placed him under a suspended ninety day sentence on the state farm. King’s sentence was suspended when he promised to pay $237.55 in damages for medical expenses.
MENTIONED IN THIS ARTICLE
Alexander King
Holt
Morris Streets
L. F. Paetzel
North Illinois Street
Paetzel
James A. Collins
State Farm
King
Paetze
Hog supplies expected to dip next year then rise later
The hog outlook from the USDA bureau projects slaughter hogs for the coming year to be somewhat below last year's totals but likely to increase in late 1930 if farmers respond as usual. Prices are rising with expected tighter summer-to-winter spreads and normal distribution of marketings.
MENTIONED IN THIS ARTICLE
Times Special
Washington
Bureau of Agricultural Economics
United States Department of Agriculture
Rush Fayette Group Plan Reunion
The thirty first annual reunion of the Rush Fayette County Association will be held at the Brookside park shelter house on Sunday July 21. Judge Raymond Springer Connersville will speak and the North Side Choral Club will sing.
MENTIONED IN THIS ARTICLE
Rush-Fayette County Association
Brookside Park
Raymond Springer
Connersville
North Side Choral Club
Also Mentioned on This Page
Banks and Exchange
Treasury Statement
Penance Central Lens Co
Eess Co
RR & Yde Co
Central Ind Power Co
Circle Theater
Aee Cities Serv
Ee Cities Serv Co
Citizens Gas Co
Commonwealth L Co
Equitable See Co
Com Hook Drug Co
Horuff Shoe Corp
Ind Hotel Co Claypool Co
Wee Ind Hotel Co
As Co
Indpis & Ndpis & Northwin ” Tr
Indpis P&l
Indpis
Asan
Indpis St RR Co
Indpis Wa Co
Wee - Wee Union
Trac
Nian - Union
Ask
Belt R & & Co
Wee Broad Ripple Trac
Peel A Power Co
É& N
Ereers Autos
Gary St Ry
Indiana
Wes Ind Northern Trac Co
Ind Railway & Light Co
Indiana Service
Indpls Power and Light Co
Ana Union Trac
Col & Trac
Anapolis Gas Co
É& Martinsville T Co
Wee
Indpls & O Trac Co
É& N W Trac Co
Indpis Trac & Terminal Co
Indpls
U Ry
Indpis Water Co
Weaseee
Indpis Water Works
Inndpis Water Co
Bia
Interstate Public Service Co
Interstate Pub Serv
Wes
Ind Pub Service Co
H & E Trac
Ind Telegh Co
Union Trac
In Co
Councilman
Chicago Grain Table
Tees
All Times
Wisconsin
Daisy
Toms
Sseave Usae
Peeneeeweerees
Best, Veals Tee
Buck Jones
Danville, Il
Suits
Legion
Central West
R. G. Man & Co
Central Western
Nebraska
Sould
Standard Statistics Company of
New York Curb Exchange
Bureau of Railway Economics
Renee
Freet
South Bend
Interstate Commerce Commisses
Grand Trunk Western Railroad
Division Street
Greenlawn Avenue
High Street
Grand Trunk
Arnold Street
Union Terminal
John McArdle
Jordan Motor Car Company
Jordan Company
Paramount Famous Lasky Corporation
Tedar
Northwest Theaters, Inc
Minnesota
North Dakota
South Dakota
Northwest Company
Minneapolis
Ruben and Finkelstein
Wall Street
U.S
John Starker
Thirtieth
Station Streets
Kendall Dramatic Club
Claffey
Anson Bales
Tacoma Avenue
Ellenberger Swimming Pool
St. Clair Street
Ritter Avenue
City Hospital
Western Union Telegraph Messenger
Walnut Grove
Dan T. Glossbrenner
Oaklandon
Percheron Society of American
Ellis McFarland
Glossbrenner
Society
Jack Harding
Harding Advertising Agency
Inland Bank Bidg
Universal Club
Columbia Club
John P. Couchman
L. R. Carson
James Murdock
Rush-Fayette
Commonwealth Loan Co
J. H. Aufderheide
Guaranty Bldg
Riley
New York Stock Exchange
Chicago Stock Exchange
New York Cotton Exchange
Chicago Board of Trade
New York Curb Association
Fletcher American Bank
Lincoln
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