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Indianapolis Times in Indianapolis, Indiana

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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Jul 29, 1929

Page

5

Bear Raiders Force Stocks Off In Drive

United Press reports a stock market downturn with heavy selling and lower prices across leading issues. Major declines hit Allied Chemical Consolidated Gas North American New York Central and Bendix Aviation while United States Steel found support. Oil shares were mixed as call money spiked to 10 percent and a rally attempt failed. Eastman Kodak showed strength amid stock offering plans.

United Press New York Stock Exchange Allied Chemical Consolidated Gas North American New York Central Alleghany Corporation Bendix Aviation American Telephone International Telephone United State Steel Radio Common Eastman Kodak American Can General Electric Johns Manville

Indianapolis Banks Report July 29 Clearing Figures

Indianapolis banks show Monday clearings of 3 948 000 with debits totaling 7 759 009. New York reports 624 900 000 bank check clearings and 137 00.00 federal reserve balance. Chicago posts 39 700 000 in bank clearings and 6 000 000 balances.

Indianapolis New York Clearing House Federal Reserve Bank Chicago

Treasury Statement Shows July 26 Net Balance

Treasury reports a net balance of 152 million 943 thousand 57 dollars and 40 cents as of July 26. Customs receipts for the month to date amount to 43 million 739 thousand 999 dollars and 82 cents.

Treasury T Wife Pree Washington Treasury_net

New Drainage System Submitted for Airport

City plans a $70,000 drainage system for the new airport with a survey and estimate by airport engineer Gilbert Harr. Work to start in two weeks, bids to be sought, contract work contemplated. Mayor Slack orders rush of airport program. administration building plans estimated at $100,000 by McGuire & Shook.

Board of Works A. H. Mooore Gilbert Harr L. Ert Slack McGuire & Shook Slack

Man Deserts Wife Leaves Note Says Don’t Worry

Cecil Lewellyn aged 40 of 432 East Merrill Street vanished after driving away from home a week ago. His wife told police he left a note saying Dont worry. The disappearance is under investigation.

Cecil Lewellyn Merrill Street

Hog Receipts Up Market Lower At City Yards

Hog receipts rose while prices eased at the city stockyards. Numbers show 5 000 receipts with 850 holdovers and 160 to 280 pound hogs selling 11.25 to 12.00 and top at 12.15. Cattle eased 25 to 50 cents with steers 16 to 16.50 and hogs at city yards varied by weight. Beef steers 12.00 to 14.50. vealers 15.50 to 16.50. fat lambs 12.00 to 13.50. ewes 4.50 to 6.50.

Chicago Bu United Press Buffalo N. Y Sheen

Hogs and cattle prices fall across major markets

Chicago and allied markets report light direct hogs and packer receipts with declines of 15 to 25 cents. Prices show top hogs at 12.10 per 1,000 pounds with varied weights moving between 7.75 and 14.25 for different classes. Cattle and calves show general weakness with top slaughter steers around 16.75 and fat cows down to 7.75, while sheep and lambs trend softer. Bulls and stockers mix steady to lower across regions.

Chicago Idaho Pit Louisville Burnited Preas Kansas Missouri Minnesota East Shore Virginia

Law Officers to Hear of Public Plundering

Attorney General James M Ogden and Lawrence F Orr joined Governor Harry G Leslie's law enforcement conference set for Oct 11 12 at the statehouse. The 1929 legislature provided the gathering with Senator Holmes heading the committee. Orr will discuss public plundering unearthed by the board of accounts.

James M. Ogden Lawrence F. Orr State Board of Accounts C. Oliver Holmes Garry Harry G. Leslie Statehouse Holmes Ogden Indiana Bar Association Orr Board of Accounts

Lack of Rain Reports Push Grains Higher in Market

The lack of soaking rains across North American spring wheat regions and bullish signals from Australia boosted futures at the open. Wheat rose up to 1 1/7 cents. corn up to 1 cent. oats up 1/7 cent. December wheat at 1.567, September corn at 1.08, December oats 56 1/2 cents. Drought hurting Argentina and Australia raises warnings of a world crop under 650 million bushels less than 1928.

United Pecca Chicago Australia Northwest Canada Argentina

Pierce Arrow Motor Car Company Taken Over by Studebaker

The Pierce Arrow Motor Car Company, founded in New York in 1916, produced cars and trucks. In 1929 Studebaker offered class A stockholders a 2 1/2 for 1 exchange and gained control by acquiring class B stock and assets in a planned corporation with $2 million invested.

Serce Arrow Motor Car Company Pierce Arrow Motor Car New York Studebaker Pierce Arrow Motor Car Company

Canadian grain prospects below average amid sharp industry growth

Canada faces below average wheat and coarse grain crops in 1929 due to west weather, but mixed farming and industrial expansion ease farmers' risk. Automobile production rose in 1928 and export output grew in early 1929, while a record apple crop, about 3.6 million barrels, is forecast mainly from Nova Scotia and Ontario.

United Press New York Canada West Dominion Natural Resources Department Canadian National Railways Nova Scotia Ontario

Fruit and vegetable price list with regional items and pack counts

A dense catalog of fresh produce with prices and origins. Items include Apples from Transparent Ter at 3,590.74. Apricots 2.73. Cherries California 3.79. Grapes seedless 842 crate. Melons California 9 crate. Limes Jamaica 199 by count. Oranges Valencia. Peaches Fiberta 3.75. Strawberries Michigan 1.754 crate. Cantaloupes jumbo 4.75. Cucumbers Hothouse 1.25 per dozen. Lettuce Iceberg 5 per crate. Potatoes Michigan and Idaho pricing. Tomatoes home grown 1.50 1.78. Watermelons Florida 0.65 each.

California Jamaica Valencia Croer Michigan Washington Texas Florida Louisiana Idaho

Fugitive writ filed in Burke bank robbery case

A fugitive affidavit was filed against Mrs. Rose Buckingham Burke 32 held for investigation in the Plainfield bank robbery of Jan 17 1927. A hearing before Judge James A Collins will decide if she is returned to Hendricks county to face trial. The state dropped a vagrancy charge and substituted the fugitive affidavit as police in California suspect links to burglaries and bank banditry there.

Rose Buckingham Burke Citizens State Bank Plainfield James A. Collins Burke Geng Hendricks County Superior

City Airport Hazard- Red Flags to Stop Landings

City Engineer A. H. Moore warned that Indianapolis municipal airport is dangerous for landing. Red flags will be placed to prevent landings while workers are on the field. The airport won’t be ready for at least sixty days.

Indianapolis A. H. Moore Moore

Cash grain prices and farm products report Toledo

Burnited Press notes close for wheat corn rye oats barley and dairy items. Wheat No 2 at 1.431.44, corn No 2 at 1.1245 1 13, rye 1.14, oats 0.4275, barley 0.72, domestic clover 16, imported clover 12.75, timothy 2.60, alsike 12. October prices 12.40, eggs 0.34, butter 0.43 0.74, hay 1.25 per cwt.

Atchison Atl Coast Line Brit & Ohio Canadian Pac Chesa & Ohio Chesa Corp Cri&p Hudso del & Lacka Erie Ist Nor Lehigh Valle Kan City Lou & Nash M Fd Pac Central É& St L NY NH Nor Pacific Norfolk & West Pere Marquette Pennsylvania Southern Ry Southern Pac St Paul Bese St Paul Union Pacific West Maryland Ajax Goodrich Goodyear Ray Sperid United States Pullman AB Westingh Airb Westingh Elec Steris Bethlehem Colorado Fuel Crucible Gulf States Inland Steel Otis Tron & S Youngstown Vanadium Corp Nn Am Bosch Briggs Chrysler Co 2 Ita Packard Oreee Pierce Arrow Studebaker Stew Warner Willys-Overland Am Smit & Rfg Calumet & H Kennecott Rexne Guif Sul Atlantic Rfe Barnsdale Houston Oil Indo Ot & G Prairie Oz Phillips Sinclair Oil Skelly Oil Texas Corp White Eagle Allis Chalmers Allied Chemical Armour A . Wins Amer Alleghany Corp Contl Davison Dupontree Famous Players Int Harvester Kolster Montrom Owens Bottie To S Radio Corp Ss Rem Rand Sears Roebuck Union Carbide Unity Warner Bros Woolworth Co Tel & Tel Utilities F Power Am Wat Cigeee Brkliyn-Manh Consol United Gas Nor Am Co Cal Edison United Corp Ltd Gas & el Utilities West Union Tel Pee Atl Gull & Re Ts TN United Fruit Wi Kroger Am Sug Rig California General Cigar Iic & Meyers Lorillard United Cigar Grand Union O. Wee Burnited Toledo

Market outlook holds steady as rates stay near current levels

Thomson & McKinnon notes in New York on July 29 that month end money tightness is the main risk, but reserve banking actions have kept rates from rising. Banks’ reviews point to a bright near term, with steel firms poised to report high earnings and lift investor enthusiasm as rails rally. The past week’s reaction improves technical posture and strengthens good railroad stocks poised to regain ground.

Steel Corporation

Wholesale butter and cheese prices and market notes

Market report lists wholesale butter prices No 1 454 46c No 2 334 45c butterfat 43c per lb and multiple cheese prices. Fresh delivered Indianapolis buying prices for eggs and poultry, pork lard tallow notes. U S prices from New York Chicago include flour eggs butter and poultry, with ranges for loaves Americas and dairy items and potatoes nationwide.

Wisconsin New York Indianapolis Toms United Preas Midwest Leland Jersey Southern Long Island Pacific Coast

Speed Boat Races Targeted by Chicago Police

Police will patrol Lake Michigan within three miles to enforce closed-out speed boat cut-outs as Commissioner William A. Russell cracks down on races along the lakefront.

Chicago William A. Russell Lake Michigan

Final Examinations Set for Air Corps Lieutenants at Fairfield

Weather at Indianapolis airport reports a northeast wind seven mph and 80 degrees with clear ceilings. Final examinations for second lieutenants in the air corps will be held at Fairfield air depot October 7 to 12, 1929 and February 17 to 22. Applicants must be US male citizens aged 21 to 30 and meet physical moral and mental standards.

Indianapolis Air Corps Fairfield Air Depot Davin Fifth Corps Dennis E. Nolan United States Ft. Hayes Columbus

Chicago Tribune Amphibian Returns Home After Berlin Attempt

The crew of the Antin Bowler the Chicago Tribune amphibian that tried a northern flight to Berlin is heading home. Pilots Bob Gast Parker Cr mer and Robert Wood were picked up at Port Burwell Ungava by the Canadian steamer Acacia. Ernest Axcell port radio officer ill, accompanies them. The boat will stop at Nottingham Stand and proceed to Fort Churchill.

Chicago Chicago Tribune Berlin The Tribune Bob Gast Parker Cramer Robert Wood Port Burwell Ungava Acacia Ernest Axcell Nottingham Hudson Strait Ft. Churchill

Evil Eye Slayers to Face Trial in Fall

Kalamazoo Mich July 29 The trial of Mr and Mrs Eugene Burgess hammer slayers of the aged Mrs Etta Fairchilds for feared her evil eye was set for the September term of court Both defendants stood mute at arraignment and entered a plea of not guilty by Judge George V Weimer

Kalamazoo Mich Eugene Burgess Etta Fairchilds George V. Weimer

Discovery of liquor aboard yacht seized in Detroit

Thirty five cases of liquor were found concealed on a yacht seized by customs agents in Detroit. The vessel, chartered by Louis Mendelsohn, was reported to have been chartered in Chicago from an unknown company or private owner. Assistant Treasurer Lowman announced the find.

Unite Washington Louis Mendelsohn Detroit Lowman Mendelsohn Chicago Lowma

Russians Plan Long Hop to New York From Moscow

Four Russian aviators aim to fly from Moscow to New York via Siberia with a start expected next month, confirmed by Soviet union supporters in New York.

New York Moscow Siberia United Press Washington Friends of the Soviet Union

Record High Chicago Board of Trade Membership Sells

Chicago Board of Trade membership sold at a record 850000, up 300 over last high. Peoples Outfitting buys furniture stores in Mansfield Zanesville and Columbus Ohio. Edward R. Green notes expansion to sixteen cities in five states. Merger plans at Middle West Utilities revealed. Zenith signs exclusive dealer financing deal. Hudson River Night Line seeks 1650000 loan for two diesel vessels. Fierce Governor Company reports six months profits at 130086 and record first half earnings. Richman Bros. reports 2000723 six months net. Chicago, Rock Island and Pacific offers 9.45 million equipment trust certificates. Eastman Kodak directors grant stockholders Aug 30 privilege of 1 share for every 10.

Mansfield Zanesville Columbus Peoples Outfitting Company Edward R. Green West Washington Street Middle West Utilities Company Neil M. McCulough McCullough United Presse Rochester N. Y Eastman Kodak Company Presiiete William Stuber

Italian war hero returns to find wife remarried after 1915

Luigi Rossi, a mechanician believed dead in the Asiago highlands during 1915 fighting, arrived in Med-Lomellina to learn his wife had remarried and started a new family. He said Austrians captured him and he lived in Besarabia for the years since the war before returning home to let his wife decide her fate.

Pavia Italy Luigi Rossi Asiago Rossi Med-Lomellina Bessarabia

Senator Tyson Hospitalized in Philadelphia

United States Senator Lawrence D. Tyson of Tennessee is a patient at Jefferson General Hospital in Philadelphia. He came with Mrs. Tyson and is under care of neurologist Dr George F. Phelps. Hospital staff said his condition is serious and would not specify a recovery time.

Philadelphia United States Lawrence D. Tyson Tennessee Jefferson General Hospital Tyson George F. Phelps

Property listings for garages and dwellings in city area

Real estate items list dwellings and multiple garages with owners and addresses including 3460 3 N Kase 1439 Brookside 3834 E Thirtieth 27 North War man 1826 Tallman with prices ranging from 200 to 3500 dollars. Official entries note owners E Thoms M Srosnan C E Davis and S Stein with property values attached.

M. M_ Srosnan North Warman C. E. Davis Tallman

Farmers National Grain Corporation Formed in Chicago

A new organization of 20 million dollars aimed at farmers gains ground in Chicago. William H. Settle of Indiana Farm Bureau federation chairs the organizing committee which envisions orderly marketing and grain price stabilization. First meeting set for August 26 with 16 members representing about 650000 cooperative growers.

Chicago National Grain Corporation William H. Settle Indianapolis Indiana Farm Bureau Federation

Croquet Marathoners Beaten by Texans

In Franklin Texas on July 29 C G Hart and L R Rose admitted they cannot play croquet well after an exhibition with local croquet enthusiasts. They plan more exhibition games along their route hoping to improve enough by Thanksgiving to meet New York’s best players.

All United Prep Franklin Tex C. G. Hart L. R. Rose Rose New York Ward Gotham

Former Wives Refuse Funeral Costs in Pendelicek Case

Chicago July 29 James Wal lace Pendelicek a noted photographer shot and killed himself in his studio. He will be buried at the county expense as his two former wives refuse to pay funeral costs. First wife Bessie claims $6 000 alimony and says she supported herself and child while he showered gifts on the second wife who later divorced him.

Chicago James Wallace Pendelicek Bessie Mabel Ellis Davy Pondelicek No Pendelicek

School Bond Approved for Noble Township in Shelby County

State tax board members approved a 49500 bond issue for Noble township school construction in Shelby County. Bids were received twice before final award. first bids were 68000 and the accepted second bid 50290. The gap between bid and bonds will be covered from a treasury surplus.

Noble Township Shelby County William A. Hough Treasury

Long list of residents and patients with addresses and hospital notes

The clipping lists many names with ages, homes, and hospital or medical notes. It reads as a register of residents and patients, noting illnesses, hospitals, and care facilities like Coleman and Methodist hospitals, St. Vincent's, and the Central Indians hospital.

Thomas Godine Rembrandt George Edward Watson St. Vincent's Hospital Julius H. Firecoast Carrie Turner City Hospital William E. Redding Methodist Hos Pia Carl B. Vogt North Keystone Lula Cobleigh Love Park Alma Grace Zody West Michigan Mary Belle Hervey South Alabama Uiremia Elissa Bern Rexington Emma Hooper North Bosart A. C. Whiteside Nancy Margaret Greenwalt South Tremont

Also Mentioned on This Page

Bear Raiders Banks and Exchange Thomson & McKinnon Commonwealth Loan Co J. H. Aufderheide Guaranty Bidg Riley Eeeeeteee Steedy United Preag FT. Wayne Ind Accounts Board Examiner Chicago Grain Table Ask Bi American Central L Co Insco Belt R R & Yds R R & Yds Co Bobb's Merrill Central Ind Powero Cities Serv Seee Circle Theater Cities Serv Co Citizens Gas Co Commonwealth L Co Hook Drug Co Horulf Shoe Corp Ind Hotel Co Claypool Ind Hotel Ind Sery Corp Indpils Gas Co Northwin Tr Indpis Indpls Wa Co Inter Merchants Pub Util Co Metro Loan Co Northern Ind Pub Jis Northern Ind Pub & G Prog Laundry Co E Rauh & Sons Fert Co Indpls & Tr Trac & L Union Trac Iseses Ask Belt R & S Y Co Broad Ripple Trac Wee Cent Ind Gas Co Central Ind Power Co B&n Citizens Gas Citizens Street Railroad Gary St Ry Home T & I of Indiana Hotel Co Ind Northern Trac Co Ind Railway & Light Ae Indiana_ Service Corp Indpls Power and Light Co Indiana Union Trac Co Col & Trac Indianapolis Gas Co Martinsville, T Co Trac No_Trac Co Trac & Terminal Co Indpls Water Co Indpls Water Works Sec Co Interstate Public Service Interstate Public Service Co Ind Pub Service Co Liberty Loan Liberty Loan Liberty Loan US Treasury Army Hudson Bay Slayers Hammer Rutited Press Chicago Board of Trade Meridian and Kansas Streets Carl Schwenzer South Meridian Street Habig Brothers Company Horace C. Starr Chicago Stock Exchange Sage & Co Zenith Radio Corporation Zenith Company Commercial Investment Trust Corporation Zenit Commercial Investment Trust Co. I. T Eugene F. MacDonald, Jr Zenith Hudson River Night Line Tis Atlantic Seaboard Havana Cuba Albany Troy Richman Bros. Co Bankers Company of New York Continental Tlinois Company Evans, Stillman and Company Chiago, Rock Island and Pacific Railwa Company N. Kase E. Thoms Brookside S. Stein E. Thirtieth W.H. Settle New Group South James and Adaline Ruffin Harry and Allie Baker East Pelakter Margarette Clark North Eovilig Otho Hollice Pollard Calhoun Ben Mabel Huffman Emerson Lanuel Anna Lewis Blaine Margaret Raigner Lawrence Katherine Clark Coleman Hospital Are Helen Hodges Coleman Hospita Louis Virginia Huesmann Lauren Myrtle Owens Annette Donald Helen Wampler Methodist Hospital Cornelius Esther Schmitt Pee and Lois Terrence Russell and Margaret Newell Thomas and la von DeLay Spruce Bors Harrison Ella Kurtz Ralston Clarence Amanda Padfield Carson Sidney Sweetie Jackson Mito Stana Angelkowich Ernest Alvira Brown Vermont Irene London Hospitaaah Edna Mertz Coleman Grorae Clarin Price Au and Eleanor Vonnecut L Games Violet Huber Elmer Myrtle Chance High Vernon Camille Hery Denny Paul and Margaret Gallagher Chester William Ira Lanham Ville Thomas and Julian Gilday East North Joseph and Elia O'Connell Oakland
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