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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Jun 25, 1928

Page

6

Uneven Stock Movements Ahead of Democratic Convention

Stocks moved in a quiet, irregular course on the eve of the Democratic Convention in Houston. General Motors fell to 107% while United States Steel slipped to 1325%, and United States Rubber hit a fresh yearly low at 29 1/4. Trading was lighter, with some rallying later in the day as Atlantic Refining and rails recovered modestly.

United Press New York Houston General Motors United States Steel United State Rubber Chrysler Radio Corporation Colorado Wall Street Journal Financial Review Today Atlantic Refining Briggs Manufacturing Consolidated Gas St. Paul United States Rubber

Bank and Exchange Figures From Major Cities

Indianapolis clearings reached 3 678 000 with 6 934 000 debits. New York report shows 555 000 000 in clearings and 110 000 000 balance. Chicago balance listed at 537 600 000. Foreign exchange notes New York rates steady with sterling at 4.87116 and francs about 3.92 4. cents per dollar.

Indianapolis United Press New York Belga

City in Brief Tuesday Events and Local Notices

Indiana Retail Jeweler’s Association convention in Severin all day. Rotary Club luncheon in Claypool. Purchasing Agents’ Association lunch in Severin. Universal Club luncheon in Columbia. University of Meangen Alumni Association luncheon in Lincoln. American Chemical Society luncheon at Chamber of Commerce. Gyro Club and Mercator Club luncheons at Spink Arms. Phi Gamma Delta luncheon at Chamber of Commerce. Two medicine bags worth 75 dollars stolen from Dr. Sidney J. Hatfield’s car at Virginia Avenue and Maryland Street. Emmett Earle at church Sunday while burglar searched his home. loot valued 56.50. Three hundred attended St. Roch’s Church picnic at Columbia Park. Parke County Association officers elected at Garfield Park picnic. Mormon Motor Car Company picnic at Broad Ripple Park with about 500 attendees. Evidence of drunkenness near Eliza Yantis delicatessen 2301 N Meridian St introduced in suit to close as public nuisance. neighbor Kate E. Scott claims whisky is sold and drunk there.

Indiana Retail Jeweleris’ Association Severin Rotary Club Claypool Purchasing Agents’ Association Universal Club Columbia University of Meangen Alumni Associaton Lincoln American Chemical Society Chamber of Commerce Gyro Club Spink Arms Mercator Phi Gamma Delta Eliza Yantis Meridian St Harry O. Chamberlin Kate E. Scott

Hinkle Friends Church Marks 92nd Birthday in Noblesville

The Hinkle Friends Church seven miles northwest of Noblesville Indiana celebrated its ninety second anniversary on Sunday. In the adjacent cemetery lies the grave of William Sumner a veteran of the War of 1812.

Noblesville Ind Hinkle

New York Stocks Report By Thomson and McKinnon

June 25 sees attention on New York stocks as Thomson and McKinnon report market movements. Analysts note mixed trading with tech shares fluctuating while industrials hold steadier gains amid cautious investor sentiment.

France completes money stabilization impact on U S markets

In New York on June 25 Thomson & McKinnon report France has established her money, halting the drain on U S gold reserves. The heavy demand from mid-year settlements worsens a fragile money market and is unlikely to ease until funds flow back to money centers, suggesting continued liquidation on bulges.

Thomson & McKinnon New York France

Hog Prices Rise on Local Market Sharply

Hog prices climbed about 40 cents in today s local livestock exchange, topping $11.25. Most 170 300 pound pigs sold from $10.35 up, with 4 000 receipts and 601 holdovers. Chicago opened slow with few sales and bids on choice 180 300 pound hogs around $11.10 15 cents higher than Friday.

Chicago United Preas

Market Prices and Commodities Across Livestock and Produce

The report lists retail commodity prices for apples and other fruits, vegetables, and seasonal fruits with California and Jamaica origins, plus New Albany and Tennessee entries. Hog, cattle, and sheep markets show price ranges, top bids, and supply comments from Chicago and East Buffalo by United Press.

Mixed Livestock and Produce Prices Across Markets

Indianapolis and Cincinnati report livestock bids and receipts with beef steer ranges from 12.50 to 14.38 per cwt and sheep prices steady. Pittsburgh shows fat lambs around 16 dollars and vealers up to 15 dollars. Produce prices include lettuce bundles, onions, and various fruits and vegetables with regional listings.

United Press Buffalo United Preas Cleveland Cincinnati Steaa Pittsburgh

Wholesale Butter and Poultry Prices in Market Report

The market shows wholesale butter No 1 47 48c lb No 2 45 46c lb with cream prices at 27c flat and Longhorn 26.5c. Buying: Indianapolis delivered eggs 24 25c per dozen. Poultry buying: hens 21 22c per lb, spring 28c, leghorns 22 25c, old roosters 10c, ducks 11c, geese 8 10c, turkeys 20 30c. live prices vary by weight. Cheese firm, potato and butter recaps, Boston/Cleveland scales noted.

Uci New York Indianapolis Rees Ates Ys Pela Poole Rio Hay Santaner Iowa Long Island Maine Bermuda Jersey Pacific Coasts United Press Cleveland North Carolina Virginia

Cotton market shows upward trend amid unsettled weather

In New York on June 25 and 26 the cotton market saw a scramble as unsettled weather kept demand strong. Futures opened higher with July at 21.73 cents and May at 20.50 cents, both up modestly.

Thomson & McKinnon New York United Press New York

Local Wagon Wheat Prices At Elevators

Local reinsele elevators are paying 1.55 dollars for No 2 heat wheat. Other grades are priced on their merits and bought accordingly.

Births announce boys and girls in several local families

Birth notices record five newborn boys Hubert Silcox Mildred Silcox and others at 502 Drover 331 N Jefferson 1230 8S East 24 Spencer and six newborn girls Melvin Rang Reid Williams Blythe at listed addresses Catherwood These items present basic birth notices with names and street addresses for several families.

Hubert Mildred Silcox Charles Johanna Burnett N. Jefferson Arthur Irene Wiley James Mary Gresham Spencer Melvin Ida Rang N. Lynn Morton Louisa Reid Arbur Willie E Fern Williams Sheldon Myron Margaret Blythe Catherwood

Deaths Listed for 14 Individuals in Local Area

A list of deceased individuals includes Addie Wright 59 of 1037 W Thirty Fourth with carcinoma Phillip Loos 52 of 28 W Twenty Sixth with pulmonary tuberculosis Frank Larson 41 of Methodist Hospital with toxemia Marshall ene 37 of city hospital with pulmonary tuberculosis Ritchie 43 of Coleman Hospital with empyema Jarence Tyree 1 of 971 W Washington with gastroenteritis Hubert Childs 56 of Long Hospital with chronic parenchymatous nephritis Kenneth Hostetter 21 of St Vincent's Hospital with general peritonitis George Whelchel 78 of 520 E Vermont with chronic myocarditis Oscar St John 60 of 1238 Richland with nephritis and other misreadings Riemer 58 of 710 Weghorst with carian of Jeremiah Jane Michener 808 Ish Thire cardio renal disease in H Borestede 88 of 5 Vermont with sugar opening futures noted in markets listing July September and January benchmarks.

Addie Wright Philip Loos Frank Larson Methodist Hospital Marshall Ene City Hospital Ritchie Coleman Hospital Jarence T. Tyree Washington Hubert G. Childs Long Hospital Kenneth Hostetter St. Vincent's Hospital George Whelchel E. Vermont Oscar St. John Richland Leomne Riemer Weghorst Carian Jeremiah Jane Michener H. Borestede Vermont

Foreign prices lower wheat off in Chicago

Liverpool weakness at the opening pushed wheat down on the Board of Trade in Chicago. Corn ranged from 4c off to 1c up, oats from unchanged to 1c up, provisions slightly higher. Northwest and Southwest weather improved but hindered wheat harvest in some regions. corn belt rain may delay new crop cultivation. oats moisture remained high.

United Preas Chicago Liverpool Board of Trade

Grain bids and inspections at Taeanepere Board of Trade

The record lists New York rate bids for Wheat and Corn with various grades and prices. It also details oats and hay bids and the inspection totals by grade, with car counts for wheat corn and oats.

Taeanepere Board of Trade F. Bas New York Timothy Daher Hav Sample Yell Lear

Sharp rally in Bancitaly seen on rumor pool

New York June 25 Bancitaly shares rebounded from 103% opening to about 108 amid reports a pool of more than 50,000 shares was being formed by two firms. Heavy trading followed prior liquidation and short covering from the Pacific Coast aided the rise as the market sought relief from recent weakness.

United Press NEW York Bancitaly Stock Exchange Pacific Coast New York Stock Exchange Weaknes

Hear Valuation Kicks Center Township Board Reviews

County board of review opened hearings on Center Township assessments the first day of a week devoted to the area. Reconsideration for Crow's Nest in the exclusive north suburb is planned this week. Board members indicate some large increases may be approved amid several new pretentious estates.

Center Township County Board of Review Crow's Nest North Side

Frank McCarthy Dies At 51 In Indianapolis

Frank E. McCarthy 51 of 2530 Talbott Ave. Indianapolis died at St. Vincent's Hospital after an operation. He worked over twenty years at the Big Four Railroad shops in Beech Grove and later sold valves for a Chicago company. Survived by widow, two daughters Mrs John Kelley and Margaret, and son Francis J., all of Indianapolis. Egyptian Cabinet Dismissed in Cairo as Nahas Pasha’s coalition breaks down.

Frank E. McCarthy Talbott Ave St. Vincent's Hospital McCarthy Beech Grove Chicago John Kelley Margaret McCarthy Francis J Indianapolis

Two Names Sought for Democratic Nominating Committee Chair

Houston June 25 Anticipating Al Smith nomination booms push for a new Democratic national committee chair to replace Clem Shaver. W A Julian of Cincinnati and Franklin D Roosevelt of New York discussed as possible candidates with a plan to split duties. Roosevelt would run the campaign. Julian would chair the committee.

Houston al Smith Democratic National Committee Clem T. Shaver West Virginia National Committee W. A Julian Cincinnati Ohio Nations Franklin D. Roosevelt New York Smith Roosevelt Julian

Dry forces clash over A Smith VP bid

Former Wyoming governor Nellie Taylor Ross, a prohibitionist, asserts Anti-Saloon League and dry groups oppose A Smith’s nomination. She says many urban leaders are Republicans weaponizing prohibition to disrupt Democratic machinery, while praising Smith's potential to enforce the dry law.

Houston Texas Anti-Saloon League Smith Nellie Taylor Ross Wyoming Ross

Modern Methods of Crime Care Studied By Chiefs Encounter

Colorado Springs June 25 The 33rd annual convention of the International Association of Chiefs of Police opened with demonstrations of airplanes tear bombs and smoke screens for fighting crime. US England and Canada officials attended with speakers including Chief John A Curry Niagara Falls NY president Chief J N Tillard Altoona PA and others from Detroit Buffalo and Pittsfield Mass.

United Press Colorado Springs Col International Association of Chiefs of Olice United States England Canada John A. Curry Niagara Falls N. Y Association J. N. Tillard Altoona William P. Rutledge Detroit John W. Higgens Buffalo John L. Sullivan Pittsfield Mass

Post Office Workers Get Night Shift Pay Bonus

Indianapolis postal employees will gain a 10 percent night shift bonus for hours between 6 p m and 6 a m starting July 1. The extra pay applies to supervisory staff, special clerks, clerks, substitutes, watchmen, messengers, laborers, motor vehicle service workers, city carriers, and railway mail clerks and laborers.

Indianapolis

Like Father- By Vimes Special

Houston June 25 Champ Clark's children honor his memory Bennett Clark Genevieve Clark Thompson New Orleans publisher push for Senator James A Reed of Missouri Reed backed Champ Clark in Baltimore 1914 Bennett a former House parliamentarian doubts Smith nomination

Houston Champ Clark Bennett Genevieve James Thompson New Orleans James A. Reed Missouri Baltimore Senator Reed Bennett Clark House of Representatives Smith

Boom Arkansas Sill Wate as Robinson for Vice President

Houston June 25 Times Special reports a strong push for Senator Joseph T Robinson of Arkansas as vice president with Senator Caraway of Arkansas as chief sponsor. Robinson would strengthen the ticket and is seen as a leading Southern figure likely to earn broader respect. He would be permanent chairman of the convention. Pro-Smith delegations in Washington Oregon Idaho Montana Utah Nevada Wyoming Colorado back him in a check of state support.

Houston Joseph T. Robinson Arkansas Caraway Washington Oregon Idaho Montana Utah Nevada Wyoming Colorado

Judge May Rule Today on Receivership Sale

Judge Bush may decide today in the receivership of Indiana Investment and Securities Company now held by LeRoy Lewis. Marion Finance bid 550 009 for assets appraised at 593 000. if not met, group sale possible, likely favoring Commercial Credit Company with 314 000 bid for automobile paper. Appraised value 295 000. Indiana Investment and Securities had offices in the Guaranty Building. Alexander Metzger was Marion Finance president.

Mahson BE. Bush Indiana Investment and Securities Company LeRoy Lewis Marion Finance Company Bush Automobile Paper Guaranty Bldg Alexander Metzger

St Patrick's Church Corner Stone Laid At Woodlawn Ave Site

Corner stone of the $165000 St Patrick's Church at Woodlawn Ave and Hunter St was laid Sunday with Bishop Joseph Chartrand of the Indianapolis diocese officiating. The ceremony included Rev John P O'Connell pastor, Rev Joseph B Tieran and Rev George Sebastian assistants, and visiting priests. The church, to be finished next December, will replace the burned building. Maurice De La Tour, the arsonist, is in Indiana State Prison. Bishop Chartrand gave the dedicatory sermon. Women of the parish served dinner in the evening.

St. Patrick's Church Woodlawn Ave Hunter St Joseph Chartrand Indianapolis John P. O'Connell Joseph B. Tieran George Sebastian Maurice de la Tour Indiana Chartrand

Wrecks at Chili Parlor Ended by Police Arrival

Willie Carey owner of Blacker's Chili Parlor 45 W Ohio St reports a tough customer who wrecked the place. Police found James Dean 217 W North St arrested on assault and battery malicious trespass and drunkenness after he hurled mustard jars glasses bowls ketchup bottles and more at staff and patrons.

Willie Carey Blacker’s Ohio St James Dean W. North St Eugene Brewer Nene St de St

Mild Farmer Bloc Readies Talks on Aid at Republican Meet

Houston June 25 Farmers at the Republican convention voiced a mild conciliatory yet firm stance on relief measures. George N. Peek of Moline ill explained Mid West leaders pushed for McNary Haugen bills but noted Democrats supported the measure as often as Republicans. The farm bloc aims to craft a relief plank acceptable with or without McNary Haugen reference, possibly signaling a special Congress session if Smith wins. Indiana Farm Bureau pres. W H Settled and about thirty Indiana farmers arrive on a special train.

Roscqge B. Fleming Houston Texas Kansas City George N. Peek Moline Mid-West Farm Committee Peek Resolutions Committee Congress Smith Arthur Mullen Newbracka Wilbur Marsh Iowa Herbert Hoover W. HH Indiana Farm Bureau Federation Indiana

Veteran Odd Fellow Linaley Pierce dies at 81

Funeral services for Linaley M. Pierce, 81, will be at 10 a m Tuesday at Krezgele and Bailey undertaking parlor with burial at Hagerstown by the Knights of Pythias. He ran a large hardware store in Hagerstown for 45 years before retiring to Indianapolis. Surviving: son Claude Pierce and brother Frank Pierce of Hagerstown. long associated with I O O F.

Linaley M. Pierce Krezgele and Bailey Hagerstown Knights of Pythias Mr. Pierce Ardmore Apts Delaware St Indianapolis Claude Pierce Oda Hazerstown Lodge Frank Pierce Hazerstown

Stolen Cars Reported Across Several Indiana Addresses

Automobiles reported stolen to police belong to numerous residents including Carl Lantz of 717 Livingston Ave and James Nance of 1913 N Meridian St. Ford makes appear at multiple downtown sites from Wabash St to Senate Ave. Other owners listed include Charles Cry David Rosenhere Fred Groza and Earl Miller among others with cars tied to Buick Ford and multiple street corners and rear or front of addresses.

Carl BE. Lantz Livingston Ave Ford Wabash St Senate Ave James Nance Meridian St Charles Cry North Salem Ind Forrd M. C. A. Carr Tire Company N. Delaeware St Washington St White River Henry A. Wright Ohio St Pensdleton Earl “T. Miller Shelbyville Buick Maryland St David Rosenhere Union St Fred Groza Michigan St Essex New York St Frank Sulgrove Beech Grove Maryland Pennsylvania George Stuckey E. Tabor St Riverside Park N. Meridian St Otto Schmalz Illinois Fred Shaw Lee St Kentucky Ave

Auto listings reveal owner ties and found vehicles

Police report cars found tied to individuals including Anna Volk of 124 E New York St a Chrysler located at 1730 Southeastern Ave Luther Williams at 1636 Palmer St a Ford found near East and Louisiana Sts John Gordon of 518 S Meridien St with a Hupmobile found at Sixteenth and Illinois Sts W E Day at 928 N Denny St and a Ford found at 33 S Senate Ave. Ford 186 033 linked to 2025 E Tenth St.

Anna Volk E. New York St Chrysler Southeastern Ave Ford Tenth St W. E. Day N. Denny St S. Senate Ave Luther Williams Palmer St East Louisiana John Gordon S. Meridien St Hupmobile Sixteenth Ilinois

Pageant of Progress staged by Troop 69 at Ritz Theater

Thirty four Scouts from Troop 69 will present the Pageant of Progress at the Ritz Theater on Wednesday and Thursday. James Biddinger Scoutmaster directs the production written by John Watson, slain in the Grotto wreck last fall. The pageant traces America's movement through ages of the nation’s growth.

Ritz Ritz Theater James Biddinger John Watson America

Also Mentioned on This Page

Banks and Exchange Clearing House United Press Farge Clearingu Save Virginia Ave Sidney J. Hatfield Emmett Earle Bellefontaine St St. Roch’s Catholic Church Columbia Park Leo Steffen Carl Pfieger Merle Eagen Joseph J. Klee Michael Folz F. S. Wood Indianapolis Parke County Association Garfield Park David Strouse Mayme Jacobs Martha Jones Broad Ripple Park Mormon Motor Car Company Atchison East Ohio Canadian Pac Chesa & Ohio Toe Hi & Ton West del & Hudson del & Lacka Erie Ti Central High Valley Lou Masae T Y Central NYC& Toes YN & H Eee Nor Pacific Norfolk & West O Pere Marquette Eennees Ania Goodrich Goodyear Kelly -Spyfid Ese Acteeesee Am Car & Fd Am Steel Aee General Elec Am Oe Tas Lima Lo Gen Ryane Iencake Ep Steel Vz Va U S Steel Youngstown Vanadium Corp Motors— Am Bosch Hudson Hubi Martin-Parry Ellow Mining Am Smit & Rfg Anaconda Most Calmuet & Ariz Chile Copper Ai Greene ‘An Inspiration Kennecott Miami Texas Gulf Sur Atlantic Ae Eeport Tess Houston Ose 123 120 Indo Oi & Gas Phillips Union of Cal. Eee Simms Pet Sinclair Oil Texas Cor Allis Chalmers Allied Chemical Paper Ee Ed Int Harvester Lambert Kelvenator Sit Jetong Om Ward Ene Ve Sears-Roebuck Union Carbide US Indus Wright Tats Woolworth Co Utilities Tl & Tel Wat Wks Brkiyn-Manh Anne Sonsor Elec Pow & Lt Interboro Ced Nor Am Co Nat Power Pub Soc Ltd Gas & el Utilities Power West Union Tel Am _ Intl Corp Ship & Com Weay Atl Gulf & WI Mer Tee United Fruit Austin Nichol California Pkgorn Fleischmann Co Jones Bros Ward Baking Sumatra Con Cigars Lig & Meyers Cigi R J Reyonlds Unite Cigarles Schulte Retairs Commission Dunedin Jamaica New Albany Southern Tennessee Florida H. G Fersley Kentucky Michigan Alabama Stevens Tee Central Ind. Power Co Circle Theater Co Cities Service Co Cities Service Seeeveee Citizens Gas Co Commonwealth Loan Co Faulla Interstate Northern Ac Co Td. Union van Camp Pack Co van Cam van Camp Be Belt RR & Stu Broad Ripple Trac Co Central Ind Gas Oo Cittral Ind Zpuer BN Ind Citizens Gas Io Citizens Gary T & Ydiana Hotel Ft. Wayne Porkhern Ee Co Ry & ‘Tv Ind Bervice. Corp Indpls Lt Ind Trac Nc Pls Gas Socbedsrecas Indpls & Martins Trac Co — North Trac Indpls & North Trac Co St Ry Cooerre Trac & Term Co Union Water Indpls Water Co Jani Chicago Grain Table Cone Lai Duly Case Shi Times Special Frank M’carthy Cairo Fuad Nahas Pasha Becam Kitty Smith Ponca City Okla Franklin D. Roosevelt Or Julian Boomed Leo R. Sage Mrs. Ross BY Dexter M. Kreezer Vimes Boom Arkansan AS Sill Wate Senator Robinson Refuse Qne Indiana Investment Company ST. Patrick’s Church Plank Odd Fellow Linaley M. Pierce WI Troop 69
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