Market Downturn After Wide Opening Irregularities
Stock prices moved irregularly in a narrow range with most indices lower. Radios, Wright Aero, and American Linseed fell, while U S Steel and GM showed gains. Richfield Oil and other shares rose on notable company actions as traders anticipated a large broker loan reduction.
MENTIONED IN THIS ARTICLE
Bet United Press
New York
Radio Corporation
Wright Aero
U. S. Steel
General Motors
Missouri
Kansas
Texas
Gold Dust
Postum
Wall Street
Bank and Treasury Updates from City and National Reports
Indianapolis bank clearings reached 63.68,000 with debits of 6,730,000. New York and Chicago figures show higher totals, while the Treasury balance for June 19 stood at 261,148,568 with customs receipts at 26,877,026.91. Foreign exchange rates and Liberty Bond activity are noted with miscellaneous market movements.
MENTIONED IN THIS ARTICLE
Indianapolis
New York
United Press
Treasury
Ashington
Market expects further rise after early distress relief
In New York on June 21, brokers' loans are expected to fall further as distressed selling subsides. The market may continue its uptrend from Tuesday's close, with motors and oils showing improving conditions. The money situation remains tight, foretelling no near improvement, so liquidation should occur on rallies.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Cotton futures rise amid bullish market in New York
The cotton market in New York shows a bull market tone with heavy short interest. Prices moved higher with June at 21.00 and October at 32.50, as traders urge an initial purchase to ride the rally.
MENTIONED IN THIS ARTICLE
Thompson & McKinnon
New York
Eno
United Press
New York Markets Report Mixed Price Levels and Farm Goods
New York stocks and commodity prices show firm tones in some items while others drift. Butter, cheese, eggs and poultry present buying prices and spot ranges. flour and pork steady. coffee, sugar and tallow move modestly. Continuous Northern and Western market notes list varied ranges for potatoes, beets, and other staples.
MENTIONED IN THIS ARTICLE
United Press
New York
Midwest
Rio
Santos
Long Island
Americas
Southern
Maine
Bermuda
Jersey
Pacific Coasts
Marriages Registered for Nichols Miller Wheatley White
Marriage licenses list Henry Nichols and Nina Miller. Floyd Wheatley and Emma White. William Miller and Alice Martin. Rufus Wharton and Sraquvelia Riley. Joseph Hester and Jessie Porter. Airdl Cory and Harriet Brinnell. John Richards and Bonnie Richardson. Names include ages and addresses.
MENTIONED IN THIS ARTICLE
Henry Howard Nichols
Dennison St
Nina Marie Miller
College Ave
Floyd Russell Wheatley
N. Jefferson
Emma Jane White
Eastern Ave
William H. Miller
N. Lynn
Alice B. Martin
Sraquvelia T. Riley
Boulevard Place
Joseph Edward Hester
Ethel Aye
Jessie Brown Porter
W. Twenty-Fifth St
Airdl
J. Cory
Alabama St
Harriet A. Brinnell
Indianapolis
John Bruce Richards
Illinois St
Bonnie Blanch Richard “Son
Births and deaths listed in city hospital notices
A long list records births from Dale and Helen Long to Paul Kinsley with locations such as Prospect Ireland and Coleman Hospital. Following are patient deaths and illnesses including deaths from acute myocarditis pyloric obstruction meningitis peritonitis lobar pneumonia pulmonary tuberculosis and premature birth at Methodist Hospital city hospital Coleman Hospital and other local facilities.
MENTIONED IN THIS ARTICLE
Dale
Helen Long
Ireland
Eule Brown
W. Northa Louis
Bertha Dethridge
Alice Lee
Hosaneopers
Sadie Rust
W. Washyoeee
Martha Scotten
Coleman Hoseee
Stella Baker
Coleman Hosster
Grace Flesher
Geisendorf
Barone
Madie Batts
N. Hamilton
George
Laura Canada
S. Noble
Harry
Della Morgan
E. Washington
Swen
Rose Young
Columbia
Joseph and
Hael Ushane
Mildred Price
W. Twelfth
Ja Hall
Christian Hospital
Allen Henderson
Martindale
James D. Hibbin
E. Raymond
Carrie Berwick
Coleman Hospital
George McClain
City Hospital
Carl Pickett
W. Southern
Oscar M. Saunders
Methodist Hospital
Prema
Paul Kinsley
Accidental
Building Permits Listing for Various Addresses and Costs
A list of building permits shows multiple property projects with owners and costs. Notable entries include reroofs at 4321 Carrollton and 3916 College, additions at 1236 Standard and 1214 Golden Pi, and garages or dwellings at several other addresses with amounts ranging from 55 to 10 000 dollars.
MENTIONED IN THIS ARTICLE
Scott Waughtell
Lincatene
Chester
Davidson
Overcom
Edie
Lincoln
East
John A. Miller
A. Clawson
Carrollton
Er ‘R. N. Campbell
College
J. R. Welch
Hawthorne
Miller
Eorge A. Sprowe
Richland
Billigtaston
Joe
Paul A. Noe
E. Eventh
Wit
K Lee '& Wynne
N. Bellview
Apples and other fresh produce at seasonable prices
The listing shows a variety of fruits and vegetables with prices per unit, crate, or hamper. Appears to include apples, cantaloupe, cherries, grapefruit, limes, strawberries, beans, celery, lettuce, mangoes, onions, peas, radishes, spinach, sweet potatoes, and more with regional origins and per unit or bundle pricing.
MENTIONED IN THIS ARTICLE
Dunedin
California
Jamaica
Rannes
Oratrawberriea
New Albany
Southern
Louisiana
Florida
Texas
Kentucky
Heiress Drinks Poison in Rose Filled Budapest Room
Budapest June 21 Miss Harako vics daughter of a wealthy land owner checked into a top hotel in an expensive car and filled a room with hundreds of roses before drinking poison. Two days later her body was found under a bed covered with wilting flowers. The motive remains a mystery.
MENTIONED IN THIS ARTICLE
United Press
Budapest
Miss Harakovics
Eight suicides daily response to Budapest life law
Budapest reports show eight suicides per day, a 20 percent rise after a city ordinance banning suicide. The measure also bans newspapers from reporting personal crisis reports, a restriction thought to have fueled self-destructive acts.
MENTIONED IN THIS ARTICLE
Budapest
Calves and Lambs Rally as Hogs Remain Steady at Market
The livestock market reported unchanged hogs at 7,000 head with 631 holdovers and steady to higher calf and lamb prices. Beef steers rose a quarter to 13.25 14.75, cows to 8.50 10.50, vealers up 50 cents to 13.14, and fat lambs up to 16 with ewes around 4.50 7. Receipts totaled about 1,000 head for cattle and 600 for sheep, with lambs topping at 16 and fat lambs at 15 16.50.
MENTIONED IN THIS ARTICLE
United Press
Buffalo
Ittsburgh
Bu Times
Louisville
Livestock Prices Across Markets Report Hogs and Cattle
Hogs receipts 19,000 with market steady to higher in Chicago and Ohio area. Top hog price around 10.85. cattle receipts 8,009 with steady to slightly better trade, beef steers and cows showing varied prices across weight classes. Regional nets include Cleveland, Toledo, East Buffalo and Louisville listings with multiple weight bands and animal types.
Richfield Oil Gains Pan-American Western Petroleum
California concern Richfield Oil Company acquires all outstanding voting stock in Pan-American Western Petroleum from Petroleum Securities and Edward L. Doheny. The deal includes all crude and refined products distributing facilities and storage tanks. Richfield to buy Doheny’s crude production for ten years at current market prices.
MENTIONED IN THIS ARTICLE
California
Pan-American Petroleum
United Press
Los Angeles
Richfield Oil Company of
Pan-American Western Petroleum Company
Petroleum Securities Company
Edward L. Doheny
Doheny
Pacific Petroleum Products Company
Richfield
Petroleum Securities and Doheny
Flood of Laws Peril 10 U S Banker's View
Thomas Ross Preston, head of the American Bankers Association, warns in San Francisco that America risks democracy by over legislating. He cites rising law proposals, crowded legislatures, and backlogs in courts, warning of potential double jeopardy and bureaucratic excess. The piece weaves in a second brief note on sugar futures and a stray scientific fact about scorpions and spiders.
MENTIONED IN THIS ARTICLE
Max Stern
San Francisco
America
Thomas Ross Preston
Hamilton, Tenn
American Bankers’ Association
Supreme Justice
John W. Preston
Ross
Republic
Preston
City in Brief Frangible Friday events and local incidents
Local brief highlights include luncheon notices for Knights of Columbus Optimists Club and other groups, a receiver hearing for Acton State Bank set by State Bank Commissioner Luther Symons, a theft report of a Statue of Liberty miniature and a mantel clock, an antique quilt theft, several traffic and injury incidents, and word that the Midwest Motor Transportation Congress will meet in October 1929 bringing about 2 000 visitors. Also noted is a continued federal suit with an audit pending for the Madison County Farm Bureau insurer losses.
MENTIONED IN THIS ARTICLE
Acton State Bank of
Acton
State Bank
Luther F. Symons
Byron K. Elliott
Symons
Thomas Snyder
Indiana Motor Truck Association
Henry T. Davis
Indianapolis
Midwest Motor Transportation Congress
Davis
Columbus
Ohio
Madison County Farm Bureau
Commercial Insurance Company
Newark
N. J
Henry Shuman
Fame Laundry plans to build new plant
The Fame Laundry seeks city plan commission consent to erect a new plant on the southwest corner of Fourteenth and Illinois Streets. The plan references three other building requests and notes the commission plans to seek a maximum 3 cent tax levy for the 1929 thoroughfare fund, targeting about $400,000 for street widening.
MENTIONED IN THIS ARTICLE
Fame Laundry
Fourteenth
Illinois Sts
William N. Harding
Twenty-Eighth
Meridian Sts
Lucius V. Hamilton
Fall Creek Blvd
New Jersey St
Luck and Show Tickets Help Toursists Hobnob With King
London reports that visitors seeking royal access use theater tickets as a bridge to meet King George Queen Mary and the Prince of Wales. The royals attend shows monthly entering by private doors to the royal box, with the Prince often in the audience among common theatergoers.
MENTIONED IN THIS ARTICLE
London
George
Queen Mary
Prince of Wales
Europe
King George
Royal Box
Wales
Missouri utilities publicity shapes anti public ownership drive
United Press reports Missouri utilities push anti public ownership through frequent propaganda about Boulder Dam and Muscle Shoals projects. J B Sheridan testifies that about thirteen newspapers in Missouri repeat AP distributed publicity weekly since 1926, with officials noting AP wire support and warm local management.
MENTIONED IN THIS ARTICLE
Washington
Boulder Dam
Muscle Shoals
Missouri
Federal Trade Commission
J. B. Sheridan
Missouri Committee On Public Utility Information
Sheridan
Associated Press
St. Louis
Maj. J. S&s. S
Richardson
Pennsylvania
Committee On Public
Insect Assassin Kills Ants in Dutch East Indies
A British entomologist reports a remarkable Homoptera insect in the Dutch East Indies that secretes a tasty fluid ants drink by milking its hairs. The beverage paralyzes ants, after which the bug stabs with its beak and drains life blood.
MENTIONED IN THIS ARTICLE
Dutch East Indies
Science Service
London
W. E. China
Natural History Magazine
British Museum
Ban Italian bartering during lira revaluation decree
Rome reports a decree fixing prices for all shops after the lira revaluation. Bargaining is barred except for select high priced items such as jewelry, paintings, and antique furniture. Tourists relying on guidebook tips will find discounts nearly impossible to obtain.
MENTIONED IN THIS ARTICLE
United Presa
Rome
Italy
Olympic Officials Appointed For Amsterdam Games
Col. Charles J. Dieges of the adjutant general department is named the first American athletic official to officiate at the Amsterdam Olympics from July 28 to August 12. He sails today. Strong Pittsburgh swim team led by Josephine McKimm and Susan Laird to compete at the final women’s Olympic tryouts at Rockaway Beach July 1 to 3.
MENTIONED IN THIS ARTICLE
United Press
New York
Charles J. Dieges
Adjutant General’s Department
Amsterdam
Holland
Pittsburgh
Josephine McKimm
Susan Laird
Rockaway Beach
L. I
Peru golf team defeats Bluffton 52 to 9 in league match
Peru's Northern Indiana Golf League squad from Mississenawa Country Club routed Bluffton at home with a 52 to 9 victory on Wednesday. The win underscores Peru's strong performance in the regional league.
MENTIONED IN THIS ARTICLE
Peru
Ind
Northern Indiana Golf League
Bluffton
Mississenawa
Wheat Higher at Open Despite Weak Foreign Prices
Chicago June 21 Wheat opened modestly higher on the Board of Trade despite Liverpool's weakness. Corn and oats showed mixed moves with oats down, provisions unchanged. Export buying rumors provided support while Northwest weather remained cloudy and Southwest clearing.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Liverpool
Board of Trade Today
American
Argentina
Wheat Prices Reported in Chicago Market Brief
A short market note from CHICAGO dated June 21 lists prices for Wheat at 4, Corn 84, Oats 25, and Rye 1 per unit.
MENTIONED IN THIS ARTICLE
Bighited
Chicago
Grain bids at Indianapolis Board of Trade report
Bids for grain at the Indianapolis Board of Trade show Wheat steady to firm with No 2 red at 1.68 to 1.71 and No 2 hard 1.38 to 1.41. Corn ranges reflect white and yellow grades with No 3 white around 26 1 2 to 28 60, and oats around 67 to 69 cents. Timothy and clover hay values listed with mixed feed showing small variations. Inspections detail several car lots of white, red, and yellow corn and mixed grains with totals of 20 cars for corn and 1 car for No 3 white.
MENTIONED IN THIS ARTICLE
Atchison Railroads
Ward Baking
Coast Line
Sumara
Am ‘Obacco
Genadian Pac
Chesa & Ohio
Chi & Alton
Hi N West
Chi Art West
Aee
J Reynolds
del Fy Hudson
Ehigh Valley
Kan City
NY Central
Nyc&stl
Nor Pacific
Norfo) & Wi
Pere Marquette
Poe
St Pau
Stl&if
Texas & Pa
Union Pacific
Weenee Fisk
Goodrich
Goodyear Bie
Any Nee Secessee
United States
A Equipments
Car & Fdy
Westingh
Bethlehem
Gotorado Fuel
Gulf States Si
Inland Steel
Re Iron & Stl
Otis Steeeuotes
Younston
Wee
Gabriel Sabbri General Moto
Adson
Greene Fan Co
Inspiration
Kennecott
Miami
Texas Gulf Sur
Ai Cal ‘Etrol
Sreeport- Texas
Houston
Ace
Pan-Am Pet
Union of Cal. Pro & Grs
Rhinms
Ae Ane
Sinclair Oil
Skelly Oil
Oi NJ
Texas Corp
Transcontl
White Eagle
Allis
Chalme
Allied Chemical
Armour
Dupont
Int Harvester
Hese
Kelvinator
Montgom Wineeves
Pittsburgh Coal
Owens
Tee
Radio Corp
Sears Roebuck
IV Union Carbid Leather
Univ
Apaus Alco
Whalworth
Am —_ ress
Am Wi
Erklyn-Manh T
Sense
Ponack Gas
Interboro
Nat Power
Pub Soc
Calif E
Utilities Power
West Union Tel
Ntl Cor
Gulf & WI
United Am Sug Be
Austin Richots
Beechin Aoe
California de
Fleischmann
Indianapolis Board of Trade
New York
Ellow
May Cotton Activity Higher Than April
The Census Bureau reports May average spindles in operation at 34,014,029, 95 percent capacity on a single shift, up from April's 94.8 percent and May 1927's 108.9 percent. In May 35,814,380 active spindles were in place, with 29,060,360 operated during the month, vs 30,965,404 in April and 32,905,256 in May 1927. Active spindle hours totaled 7,959,112,765 with 2614 days of normal operation. Average active spindle hours per spindle in place in May was 222.
MENTIONED IN THIS ARTICLE
United Press
Washington
Census Bureau
Stolen Cars Reported to Police Include Several Owners
Automobiles reported stolen belong to T. F. Murphy of 212 M A Chevrolet from New York Illinois Streets John Earls of 140 W Pratt St Ford 621-947 from Meridian Maryland Streets W E Basey of 1410 E Raymond St Oakland 564-325 from Georgia Davidson Streets Elliott Tibbetts of 5133 Park Ave Chevrolet 15-133 from Vermont Pennsylvania Streets The Commercial Casualty Insurance Company of Newark announced M H Miller named manager of the Indiana branch office located in the J F Wild Bank Blog.
MENTIONED IN THIS ARTICLE
T. F. Murphy
A. Chevrolet
New York
Illinois
John Earls
W. Pratt St
Ford
Meridian
Maryland
W. E. Basey
E. Raymond St
Oakland
Georgia
Davidson
Elliott Tibbetts
Park Ave
Chevrolet
Vermont
Pennsylvania
the Commercial Casualty Insurance Company of
Newark
N. J
M. H. Miller
Indiana
J. F. Wild Bank
Death Notices Hilt Alice Klasing Beloved Daughter
Death notices list Alice Hilt nee Klasing beloved daughter of Mr and Mrs Henry Klasing and sister of Helen Fred and Elinore Klasing who died at her parents home June 19 age years services at St John Evangelical Church with burial at Memorial Park viewing hours set Thursday night. Also includes Mary A Blasengym and other notices with funeral details and addresses for the local businesses and undertakings.
MENTIONED IN THIS ARTICLE
Hilt
Alice
Nee Klasng
Enry Klasing
Helen
Fred
Elnore Klasing
Naomi
St. John’s Evangelical Church
Sanders
Leonard
Reimer
Mary A
Charles Kleppe
Walter McHaffey
Kleppe
Weghurst St
Concordia Cemetery
Also Mentioned on This Page
Richfield Oil
Pan American Western
U. S
Wall Street Journal
Financial Review Today
E. Tenth St
Richard Wright
Ruth White
Katherine Hutsell
Kathryn Gish
Ruth Philips
Charles Durham
Rawson Whittington
Glen Charpie
George Wheeler
Samuel Beirnsten
Jack Prosch
Eugene Bratton
Banks and Exchange
Aes Press
Tone Bae
Alance
Foreign Exchange
Sterling
Ee Plan
York
Stocb
Wolesale
Pecanspolls
Albert
Ruth Jeffers
Caroline
Charles
Elizabeth Imheusen
W. New York
Lou Stevens
N. Warman
David
Hattie Hinkle
Max
Thelma Merritt
Susie York
Coleman Hosal
Henry
Eleanor Stockdale
Hoyton
Margaret Smith
G. John
Cecil Allen
Bell
Francis
Doris Kuhn
N. Capitol
Een
Hattie German
Commission
Alabama
Ile
Ehubard
June Toy
Toledo
Richfield Oil Company
Veterans’ Bureau
ORK
Knights of Columbus
Spink- Arms
Exchange Club
Columbia Club
Master Painters’ Association
Elks Club
Optimists Club
Cirypol
Chamber of Commerce
First Ward Republican Club
Compton Hall
Flossie Becker
Washington St
A. Z. Dickman
Central Ave
Mary Frances Basley
Macpherson St
L. G. Cummings
Washington Blvd
Osner Wells
Brookside Ave
August Wells
Twenty-Fourth St
William T. Riley
W. North St
Walcott and
Ohio Sts
King
Britain
A. P
Utilities
Probers
BY Cecil Owen
Chicago Board
Chicago Grain Table
W. T. Blasengym
Shelby &J. Xel
Finn Bros
N. Meidian
Zee Leet
GADD
Ss Proepeos
Acer Grinetelnes
GH. Herrmann
East St
Delaware
Krieger
WM. E. Inols ‘Warf
Timats
R Sales and
Hoger Automotive Finsment
Moler