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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Jul 17, 1929

Page

6

Special Issues Feature Slow Stock Market

Stocks showed limited movement with narrow changes in general shares while certain special issues rose. Case Threshing and Johns Manville led gains to new highs. Public Service of New Jersey United Gas Improvement and American Radiator hit 1929 highs amid heavy volume. Montgomery Ward Sears Roebuck rallied on wheat-price gains and related buying power. Rails faced profit taking though some firms showed buoyance. Oil stocks firm with Pan American leadership and copper benefited from strong Anaconda buying.

Elmer C. Walzer United Press New York Stock Exchange Pivotal Steel General Motors American Can Pennsylvania International Telephone and Telegraph Case Threshing Machine Johns Manville Public Service of New Jersey United Gas Improvement American Radiator Standard Sanitary Montgomery Ward Sears Roebuck Delaware Lackawanna & Western Kansas City Southern St. Louis Southwestern New York Central Atchison

Graham Paige sets quarterly and half year car production records

Graham Paige reports a quarterly production high of 29 214 cars for Q2 and a six month total of 54 498 cars in 1929, with overseas shipments rising 17 percent over 1928, and Canada six month exports reaching 3 611. The 50 000th 1929 model was built June 7, and exports lift Graham Paige from twelfth to seventh in total all makes.

Ber Times Detroit Graham- Paige Graham-Paige Canada

Bank clearings and balances across major cities July 17

Indianapolis reports clearings of 4,454,000 with debits of 9,795,009. New York shows clearings of 1,570,090,900 and federal reserve credit balances of 170,000,000. Chicago records clearings of 124,800,009 with balances of 9,900. Treasury reports net balance of 228,813,157.88 and receipts totaling 24,515,812.32.

Indianapolis New York Clearing House Federal Reserve Bank Chicago United Press Treasury Washington

Steel Shares Favorable, Sinking Fund Abolished Boosts Earnings

In New York July 17 stock notes predict stronger steel earnings for the year with elimination of bonded indebtedness negating sinking fund needs. The report highlights rising operations, potential higher dividends, and a better market stance for rails like Southern Pacific with over 13 dollars per share projected for the year.

Thomson & McKinnon New York Steel Corporation Southern Pacific

Births Reported From St. Vincent's Hospital

The notice lists numerous newborn girls with parents and home addresses across several streets and avenues in the city, centered on St. Vincent'sHospital. Names include George and Eunice Garvin, Anna Hoefling, Jane Riesis, Hazel Baum, Lenora Stevens, Mark Insko, Cora Thornhill, Fiora Mahone, Jewel Cox, Wilmina Baker, Doroth Kenyon, Edward Adams, Georgia Kennedy, Florence Harmon, Mildred Pierson, Edna Gilley, and Callie Williams among others. Locations span North Gerald Street, Leer Pace, West Twenty-sixth, West New York, and St. Vincent's area.

George Eunice Garvin North Gerald Anna Hoefling Leer- Pparece Jane Riesis St. Vincent's Iam Hazel Baum St. Vincent's Eodore Lenora Stevens Ken Walter Malissa Craig Mark Mary Insko Kappes Wallace Cora Thornhill Hanfaxie Fiora Mahone Cornell Jewel Cox North Ilinois Charles Wilmina Baker West New York Bors Ermond Doroth Kenyon Vincent’s Hospital Edward and Ann Adams St. Vincent's Robert Georgia Kennedy St. Vinent’s Georgia Scott LA Besar Wes Flovence Chambers

Fruit prices listed by market and region

A long list of produce with varied prices by origin and type. Apples from Sarre and California graphed with per crate or bushel costs. strawberries cantaloupes and citrus values span several states. Watermelons from Florida priced at 75 cents each. United Press Chicago report notes apples 82 cents to 2.50 per barrel.

Sarre California Argentina Jamaica Valencia Michigan Indiana Goa Texas Idaho Louisiana Florida United Presse Chicago

Butter and poultry prices from Chicago and New York markets

Market reports show Butter wholesale quotes at 44 46c and 47 48c per pound, Cheese wholesale prices for various American and Wisconsin brands, Eggs and poultry buying prices by class, with fowls and leghorns around 18 28c and turkeys 22 38c, Chicago receipts and New York firm tone for flour pork lard and potatoes with mixed regional price levels.

Wisconsin New York Adanapolis United Press Chicago Americas Kansas Missouri Trish Kentucky East Shore Virginia United Preas Middle West Southern Maine Jersey Long Island Rio Santos

Wheat Prices Jump to Year High in Feverish Trading

Chicago reports show wheat futures reaching the year's peak as traders bet on further gains. Corn and oats also rose while provisions edged higher. Canadian drought prospects and a potential 400 million bushel cut in spring wheat with weak northwest yields drove the rally. Receipts varied with trading being volatile.

United Price Chicago Northwest Winnipeg American Northwest

City in Briefs and Thursday Events Across Indianapolis

The City in Brief summarizes clubs and luncheons at Columbia Club and Indianapolis venues with multiple organizations listed. A five mile pushmobile race at Forty-ninth street and Arsenal avenue is noted with nine drivers, plus theft of 2000 safety razor blades at C W Friedman drug store. Other items include a real estate board luncheon at the Chamber of Commerce and a prize treasure hunt in Monument Circle. Seymour Madison gains West Point admission and John Irwin files for voluntary bankruptcy in Noblesville.

Columbia Club Lebanon Advertising Club of Indianapolis Indianapolis Engineering Society Board of Ade American Business Club Real Estate Board Chamber of Commerce Sigma Nu Lincoln Speedway Forty-ninth Street Arsenal Avenue Burke and Birch East Side Real Estate Boards of the United States Boston Indianapolis Real Estate Board Emerson W. Chaille Frank E. Gates William Low Rice J. F. Cantwell Donald E. Rider

Kokomo Kiwanis to Host Woman's Program Speaker

Kokomo Kiwanis club members plan a woman's program at Howard Township School on Wednesday July 24. Dusty Thurman Miller publisher of the Wilmington News Journal will be the speakers.

Bi Times Kokomo Ind Kokomo Kiwanis Club Howard Township Dusty” Thurman Miller The Wilmington, (O

Death notices list numerous local residents by cause

The obituary list includes Robert Ester age 29 at 457 Blake with acute military tuberculosis, William Smith 64 at city hospital with acute myosocarditis, William Van Buckirk 72 at city hospital with pulmonary tuberculosis, Elis Hatchett 75 of 747 Prospect with chronic myocarditis, Infant Scott 1 day at city hospital from premature birth, Greenberry Bennett 75 at city hospital with carcinoma, Dorothy Evelyn Phillips 23 of 422 North Goodlet with acute dilatation of heart, James E. McCorkle 55 at 1015 St Peters with encephalitis, Lena Blanche Tate 33 at 1420 Newman with acute myocarditis, Mary Hill 40 at Central Indiana hospital, Nelle eith 50 at Long hospital with septicaemia, William C. Neal 66 at 2857 North Capitol with influenza.

Robert Ester Blake William Smith City Hospital William van Buckirk Elis Hatchett Prospect Scott Greenberry Bennett Dorothy Evelyn Phillips North Goodlet James E. McCorkle St. Peter Lena Blanche Tate Newman Mary Hill Central Indiana Hospital Nelle Eith Long Hospital William C. Neal North Capitol

Four Die in Regina Maria Theater Collapse in Bucharest

Daily Telegraph report from Bucharest notes four workers killed and twelve seriously injured as the Regina Maria Theater under construction collapses in London dated dispatches.

United Piece London Daily Telegraph Bucharest Regina Maria

Porkers Drop 19 10 20 Cents in City Yards

Hog prices fall as open auction in city yards shows 150-280 lb hogs at 11.80 to 12.35. Receipts total 6,000 with 1,585 holdovers. cattle steady with beef steers 15.25 to 15.85. light heifers 14.50. sheep and lambs open strong with best lambs 14 to 15 and throws 9.50 to 13. fat ewes 4.50 to 6.50. Chicago hog market opens slow at about 25 cents below Tuesday. Prices by weight ranges listed. cattle and sheep receipts given with fragmented ranges.

Chicago Best United Press Pit Louisville

Chicago hog and cattle market report for July with varied prices

Chicago and Louisville markets show hog receipts around 25 090 with prices mostly down. top hogs at 12.15 with many grades around 11.75 to 12.10. Cattle turnout 8 000 receipts with steer prices 14.50 to 16.50 and cow values 7.75 to 12. Sheep and calves also detailed with steady to higher bids and specific weight ranges.

Wheat bids at Wagon City elevators

Local grain dealers post bids for old crop No. 2 red wheat at 1.21 a bushel and No. 2 hard at 1.16. Strong discounts apply to high moisture grain.

Demurrer Upheld in Edinburg Canning Damages Suit

Federal Judge Robert Baltzell sustains the demurrer to the amended complaint by Edinburg Canning Company seeking 75000 damages from American Can Company for alleged discrimination in tin can prices. The court found Edinburg Canning was not a existent corporation under the contract and not damaged. The company may file a new amendment or appeal.

Edinburg Canning Company American Can Company Robert ©. Baltzell Edinburgh van Camp Packing Company Ing

Aircraft activity linked to Hoosier airport plans

A wave of air travel notes links St Louis to Wayne Michigan and Cleveland to St Louis via Embry-Riddle and related firms. Passengers include R H White and John Stewart en route between Indianapolis Chicago Cincinnati and Moline. Connersville considers a 50000 bond for a municipal airport.

Hoosier Roderick Wright Stinson St. Louis Wayne Mich Curtiss

Plane Factory Planned at Connersville by Corman Aircraft Corp

Articles of incorporation filed for Corman Aircraft Corporation of Indiana Connersville to manufacture buy sell import and deal in airplanes dirigibles balloons and hydroplanes with 500 shares of 100 value. Incorporators include BE L. Cord president of the Auburn Automobile Company Auburn Indiana.

Connersville Corman Aircraft Corporation of Indiana BE. L. Cord Auburn Automobile Company Auburn

Rains Revive Crop Hopes Across Southern Canada

In a Times Special from Winnipeg, El Nino rains across western regions improve some crops though relief remains uncertain. Northern Manitoba shows promise with rye and wheat headed in areas like Swan River, Togo, and Preeceville. Alberta and Saskatchewan face ongoing drought and mixed outcomes with hail damage noted in Denholm and Langruth.

Times Winnipeg Canadian National Railways Manitoba Swan River Valley Togo and Preeceville Kenville Langruth Saskatchewan Yorkton Asquith Touchwood Rossland Porter Tisdale Melfort Prince Albert Territories Denholm Langham Gravelbourg Riverhurst Glenboro Alberta

New Douglass 02H Biplane Delivered to Indiana Guard

A Douglass 02H biplane was delivered to the One Hundred Thirteenth squadron of the Indiana National Guard on Tuesday. Lieutenant Dayton D. Watson and Private Ellis brought the plane from the Douglass factory in Santa Monica California. The delivery brings the guard to three 02H biplanes with a fourth planned, plus two Consolidated PT 1 biplanes and two Consolidated O 17 planes.

One Hundred Thirteenth Squadron Indiana National Guard Douglass Santa Monica Cal Dayton D. Watson Ellis Guard

Graf Zeppelin to test new motors then begin world trip

Friedrichshafen Germany July 17 The Zeppelin works announced a several days test of the Graf Zeppelin motors has been successfully completed and the motors are being installed. A trial flight over Germany will occur before the airship sails to Lakehurst New Jersey and returns to prepare for an around the world voyage starting mid August.

Friedrichshafen Germany Zeppelin Works Graf Zeppelin Lakehurst N. J

Big Plane Output Planned at Buffalo Plant

More than 550 planes will be built at the General Airplanes Corporation plant in Buffalo over the next eighteen months. Thirty of them will be mail planes. The sales value of the output is estimated above five million dollars, announced by president C. S. Reiman.

United Press Buffalo General Airplanes Corporation C. S. Reiman

Curtiss Flying Instructors School Returnees In Indiana

Charles E. Cox Jr. assistant general manager of Curtiss Flying Service of Indiana has just returned from Grosse Ile Michigan where he attended a two weeks school for Curtiss flying instructors.

Charles E. Cox Jr Curtiss Flying Service of Indiana Grosse Tle, Mich Curtiss

Blindfold Drive by The Great Pasha Planned Downtown

The Great Pasha will pilot an automobile through the business district starting at 2 30 p m from The Times building at 214 220 West Maryland street. The hour long tour is staged under the auspices of Broad Ripple amusement park.

Great Pasha Times Maryland Street Broad Ripple Amusement Park

Building Permits List Shows Numerous Local Projects

A compiled roll of permit activity lists multiple addresses and owners in Minnesota and nearby streets. Projects include reroofs additions garages repairs and remodels with values from 80 to 5 500 dollars. Notable entries include Emanuel Evangelical Luthern church Laurel and Orange addition and several Paschall dwellings.

Steve- D. Logan St. Peter Aant H. Mateson Central M. Gray North Elder K. Moorman New York A. E. Wrentmore South Ritter D. Kipper Langley Emanuel Evangelical Luthern Church Laurel and Orange Niel B. Grover South Ilinois

Embry-Riddle to Sponsor Indiana State Air Tour

Embry-Riddle Aviation Corp will sponsor an Indiana air tour visiting 31 landing fields from July 18 to 20 and July 25 to 27. Two Monocoupe planes will be flown by John Stewart and Wright Vermilya Jr. with several associates aboard. Pilots must fly 1,000 feet above minimum over populated areas as Curtiss aims to cut noise. A separate Arctic test flight by Captain Ross G. Hoyt seeks Nome Alaska return in an Army Air Corps pursuit plane.

Indiana Embry-Riddle Aviation Corporation Cincinnati Hoosier State Automobile Association Mono Aircraft Corporation Moline Til John Stewart Embry- Riddle Wright Vermilya Jr R. W. Bruene Auto Association Cc. G. Brodhecker Brownstown Weekly Indianapolis Richmond Shelbyville Seymour Bloomington Bedford West Baden Princeton Evansville Vincennes Terre Haute Sullivan Crawfordsville Lebanon Lafayette Wolcottville Shelby Gary Michigan City Elkhart South Bend Auburn Ft. Wayne Wabash Kokomo Muncie Anderson Union City Curtiss H. Weir Cook E. H. Brainard New York City Brainard Eet Frec New York Ross G. Hoyt Arctic Army Air Corps Mitchelfield L. I Nome Alaska

Monoplane San Francisco Forced Down On Prolonged Flight

The monoplane San Francisco carrying Bartlett Stephens and Fred McKinley was forced to land after about thirty six hours aloft due to motor trouble.

United Press San Francisco Bartlett Stephens Fred McKinley

Weather report from Indianapolis airport nine thirty a.m.

At Indianapolis airport at 9 30 a m the wind is south at seven mph the temperature 82 degrees F the sea level pressure 29 98 inches and the ceiling and visibility are unlimited. Field conditions are good.

Indianapolis

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