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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Jun 21, 1929

Page

22

Stocks Show Irregular Tone In Market Deals

Irregular stock prices marked a New York morning after brokerage loans rose by 136 million. Baldwin led gains to 248, railroad shares stayed strong with Atchison up 1.5 points, Royal Baking Powder moved up after a Morgan plan, while Copper stocks surged and Fleischmann dipped after a consolidation announcement.

Elmer C. Walzer United Press Financis New York Baldwin American Water Works Atchison New York Central Erie Radio Corporation of America American Can Packard and Hudson Westinghouse Airbreke American Locomotive Anaconda Balduin Royal J. P. Morgan & Co Fleischmann

Banks and Treasury Figures Mixed on June News

Banks and Exchange report a clearing house balance of $155,000,000 and Reserve bank credit balance of $150,000,000. Treasury statement shows net balance $365,133,805.03 as of June 19 with customs receipts $34,406,467.45 attributed to profit-taking on good news. Utilities see varied moves including Brooklyn Union Gas up 3 points to 208 and gains for Standard Gas and Consolidated Gas.

New York United Press Hank Cle Clearing House Bance Mode Reserve Bank Treasury Washington Brooklyn Union Gas Standard Gas Consolidated Gas Ask American Central IL Ins R R & Yds Co Central Ind Circle Theater Cities Citizens Gas Co Equitable Sec Co Ionwealth L Hook Drug Co ai + Horuff Shoe Corp Ind Hotel Co Claypool Com Corp P&l & Sees Tr Co Inter Inter Pub Merchants Pub Util Co Metro Loan Northern Ind Pub Laundry Co E Rauh & Sons Fert Co Real Silk Hosiery Co Standard Oil Indpls & & Tr Co Trac & L Co Union Trac Ask Belt BR. & S Y Co Broad Ripple Trac Ind Gas Ind Gas_Co Central Ind Power Co Ind Eee Citizens Gas Cn Tee Citizens Street Railroad Gary Street Indiana Hotel Co Ind Northern Trac Co Ind Railway & Light Co Indiana Service Corp Power and Indpis Indiana Union _Tree_Co Col & Trac Indianapolis Gas Co Martinsville T Co Trac Indpis & NW Rae Co Indpis Street Ry Pernfbial Co Indpis Trac Indpis U Ry Indpis Water Co Indpls Water Co Indpls Water Co Hien & Ref Indpls Water Works Inn Ls Water Co Interstate Pub Serv Co In Pub Service Co Ind Telegh Co TH & E Ind Co &S Liberty Loan U S Treasury S Treasury U Ss Treasury

Optimistic outlook for stock market amid lower rates and gold inflow

In New York on June 21 the Stock Market column argues that broker payments for new issues mainly drive the rise, with lower rates and steady gold inflow strengthening the credit structure. It suggests major banks would not push a massive merger while difficulties are overcome and notes many favorable factors shaping a firmer financial picture.

Thomson & McKinnon New York

Wholesale Market Prices for Butter Cheese and Poultry

Butter wholesale No 1 477 48c No 4 40%6c Butterfat per lb 46m47c Cheese wholesale selling price per pound American loaf 38c pimento loaf 40c Wisconsin flat 29c prime cream 37c 25c Longhorn 25c New York limberger 30c Buying prices Fresh delivered at Indianapolis No 1 28c No 2 Poultry buying prices Fowls 28c Leg horns hens 8c broilers full feathered 23c broilers bare back 23c Leghorns 23c vid roosters large 15c small 10%13c ducks 12% 14c spring guineas 30c turkeys No 1 young toms 12 Ibs and up 35048c No 1 young hens 25c a lb No 1 old forms 22% 25c No 2 old hens 25% ac

Wisconsin New York Indianapolis

Hogs Fall 5 to 10 Cents at Union Stockyards

Hogs were 5 to 10 cents lower with 160-250 pound hogs at 11.20 to 11.35. Receipts about 5,000 and holdovers 1,196. Cattle steers steady, cows weak to 25 cents lower. weaners off 50 cents. Lambs 50 cents lower, top 14, sheep steady. Chicago hog bids 11.15 to 11.25 for 180-210 pounds. 230-250 pounders around 11.00 to 11.10. Receipts 15,000. directs 3,500. holdovers 11,000. Cattle 2,000. sheep 6,000. Top fat lambs 14. bulk fat lambs 12.50 to 13.50. cull lambs 9 to 10.50. fat ewes 4.50 to 6.50.

Chicago Atchison Batt & Ohio Osn del & Paste Erie Os Erie Ist Ti Central Lehigh Valle Central C& St NH & EH Nor Pacific Norfolk & We L & Ron Union Pacific Maryland United States Cer & Fdy Am Steel Westingh Air Westingh Steels Gulf States US Steel Oes Vehes Youngstown Vanadium Corp Motors— Am Bosett Mag Chrysler Corp Eaton Packard Studebaker Cor Willys-Overland Smith & Rig Kennecott Bos Texas Gulf Sur Freeport-Texas Ally Marland Oil Indo Oil & Gas Texas Corp Transcent White Eagle Tee Adv Ramely Allis Chalmers Allied Chemical Armour Borg Warner Davison Chem Dupont Iit Fox Arenee Glidden Taeree Ag Ally Int Harvester Lambert Loews Eens Kolater Ese Eee Montgom Nat Keith Ebisis Owens Bottl Ceva Ba's Trams Sears Roebuck Union Carbide U_ S Indus Alco Am Tel & Tel E Power Nor Amer Co Cal Edison United Corp Std Gas & Bad West Union Tel M Intl Corp Gulf & Ais United Fruit California Fleisschmann Co Kraft Cheese Natl Biscuit Postum Co Ward Baking Sumatra Cigars Oe A, Lig É Myers 8244 A3te 83% 83! Lorillard R J Reynolds United Cigar St Schulte Grand Union Pfd United Press Pi Times Louisville Buffalo Bu United Proas Pittsburgh

Market Price List For Fruits And Vegetables

A long listing details wholesale prices for apples grapes citrus berries and vegetables from multiple regions including California Florida Texas and Arizona. The document notes a fire caused by defective wiring destroying a garage and car belonging to James Wiseman at 2041 Ralston Avenue with an estimated loss of 500 dollars.

James Wiseman Ralston Avenue

Rockefeller to Visit Soviet Union in July

John D. Rockefeller III, fresh from an American university, is expected to visit the Soviet Union in mid July. He will be accompanied by James MacDonald, chairman of the American Foreign Colony Association.

Uw Nited Press Moscow John D. Rockefeller III Soviet Union James MacDonald American Foreign Colony Association Indianapolis Camp Gray Gertrude Gamlin Girl Reserve Girl Reserve Department Daisy Welch Walker Madam Walker Harry Evans G. T. Haywood Christ Temple Fall Creek Boulevard Paris Avenue Samuel Johnson Kokomo Simpson M. E. Church Carrie Martin Sons of God Robert E. Skelton Barnes M. FE Woman's Home Missionary Society of Simpson M. F Robert F. Skelton St. Monica's Guild Effie Lemond J. B. Carter

Hogs and Cattle Prices Across Markets June 21

United Press reports livestock receipts and price ranges from Chicago Louisville Cleveland Toledo Buffalo Pittsburgh and more. Hogs trade mostly steady to slightly lower with top bids around 11.25 to 11.50 for 160-195 lb stock, cattle mixed with best steers near 15.75 and alts varying. sheep volumes steady with lambs around 14.25 to 15.50.

Preas Toledo

Wheat prices at Wagon City grain elevators

Local elevators quote No 2 red wheat at 71.10 and No 2 hard at 1.02 per bushel, reflecting market values for grain buyers and sellers in the region.

Grain futures rise on Liverpool rally and forecast short wheat yield

In Chicago on June 21 a firm Liverpool market and a Wheat crop forecast of about five percent below last year boosted wheat futures early trade. Corn and oats gained modestly while provisions edged up. Reports from Kansas Oklahoma cited drought and excessive rains as key damage factors.

United Press Hicago Liverpool Market Department of Agriculture Kansas Oklahoma Southwest Canadian Northwest

International Paper declares quarterly dividends on preferred stock

The International Paper Company board declares a regular quarterly dividend of 1 3 4 percent on the 7 percent cumulative preferred stock and 1 1 2 percent on the 6 percent cumulative preferred stock for the current quarter. Dividends payable July 15 1929 to holders of record at the close of business June 25 1929. Checks to be mailed. Transfer books remain open. Owen Suepnern vice president and treasurer.

International Paper Company New York Mpany Owen Suepnern Treas International Paper and Power Company Boston Mass R.G. Lapp Ad West Utilities Company I Oebock P. M Eustace Knight

Power Company Boston Declares Quarterly Dividend Maintenance

Boston mass June 12 1929 company and a regular quarterly dividend of one and one half per cent 144 on the cumulative 6 percent preferred will not close R G Lapp assistant transfer.

Negro Artist John Wesley Hardrick Exhibits Paintings

An exhibition of oil paintings by John Wesley Hardrick opens Monday in Pettis Dry Goods Company fifth floor gallery and runs two weeks. Hardrick greets visitors daily 10 to 12 and includes portraits of Mrs. J. W. Hardrick and other figures, landscapes, and Civil War scenes. The event follows his Harmon award win in 1927, with support from critic Miss Lucille Morehouse.

John Wesley Hardrick Pettis Dry Goods Company Pettis Hardrick Harmon Indianapolis Lucille Morehouse Miss Morehouse Pettis Gallery J. W. Hardrick Shepard Hardick Marguerite Thompson Mae B. Belcher Ferdinand Schaffer George W. Cable John A. Patton W. E. Grubbs John F. Johnson

Alfred Huey Meets President Hoover on Marble Champion Route

Alfred Huey the 12 year old national marble champion was greeted by President Hoover at the White House during his trip from Akron Ohio to Ocean City New Jersey for the 1929 championship which begins Monday.

Washington Alfred Huey Hoover White House Akron Ocean City N. J

Grain Head Warns Farm Relief May Fail to Help

Indiana Grain Dealers Association meeting hears president E. E. Elliott warn that farm relief laws often fail of their purpose. He advocates supply and demand as fundamental price determinants and calls for fair prices to farmers without heavy reliance on federal aid. Fred Purnell to discuss the new farm relief bill and its potential benefits.

Indiana Grain Dealers’ Association E. E. Elliott Muncies Board of Trade Assembly Fred Purnell Attica Ninth District Purnell Elliott Herbert Hoover

Also Mentioned on This Page

Atchison: Coppers Advance Aes Banks and Exchange the Quarter Century Jewelry Store Krauss Credit W. Washington St Lomnss Jewelers Lincoln Hotel Bldg Psa Ben Davis Florida Jamaica Valencia Texas Arizona Indiana Jersey Nancy Hall Michigan Ohio Idaho John D. Hi Soviets Tl Pnited Cleveland Chicago Grain Table John W. Hardrick Harmon Ard John Herron Art Institute Hale Woodruff Paris Meredith Avenue Indiana Avenue Simpson M. E Pastor's Club Barnes M. E Richmond Nellie Rogers J. #. McGhee Amos Thompson Theodore Cable Atty. R. L. Bailey W. D. Shannon J. A. Patton A. H. Wilson Lillian Lemon Carlotta McNary Herbert Bryant Sarah FE Growin Bury Manufacturing Company State Baptist Convention J. Crittenden Illinois Iowa Indiana Sarrah Coffield Hazel Saugatuck Phyllis Wheatley Walker Building Haywood Jesus God God Beckley W. Va I. J. K. Wells Beckley American Service Institute Madam C. J. Walker Company Indianapolis Business Men's League Walker Casino Indiana Women’s State Federation North Captol Avenue Mary Pruitt Shepard Hardrick, Jr Wilberforce University John Hardrick Sheperd Hardrick Hardricks Ohio City Camille Richardson Western Reserve Colored Orphans Emma Duvalle Jean Strader Crispus Attucks High School William Strovers Kentucky Rosalie Roberts Guthrie Ella B. Meriwether Butler John H. Black Myrtle John O. Blanton Mutual Savings Bank of Louisville Rose Thompson Hazel Alexander Cincinnati Margaret Boone Ypsilanti Mich Lillian Jones Brown Butler University Gary Thelma Brown Atlanta University Burwell Brown Chicago University J. Harold Brown Boulevard Place Clara Hill Ethel K. Moore University of California National Fort Worthy W. E. Brown Nice Jane Leeke Middle West Utilities Company Walker Theater Review William Powell Powell Evelyn Brent Gary Cooper Lupe Velez Louis Woheim Lupe Dolly Farina Dolly Farina Cooper and Robinson Vitaphone Grain Head State Life Apt Cees Cooper & Robinson Cyclone Dancing Boys THU FBI SAT Louis Wolheim
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