Stock Prices Irregular in Mart Opening
Market opened with an upward tone despite irregularities with mixed gains and losses. Utilities led by North American and Public Service, while steel and gas issues faltered. dividend actions anticipated as directors meet, and rail stocks like Chesapeake & Ohio rose.
MENTIONED IN THIS ARTICLE
Elmer C. Walzer
United Press
New York
Simms
North American
Public Service
Standard Gas
Consolidated Gas
United States Steel
Bethlehem
Radio Corporation
Westinghouse Electric
Hudson
Chrysler
Texas Corporation
Goodrich
Anaconda
Superior Steel
Baldwin
Chesapeake & Ohio
Bank Clearings Report From Major Cities
Indianapolis and New York report large bank clearings on June 25 with totals reaching billions in New York. Indianapolis shows $3,728,000 in debits and $7,208 in credits, while Chicago reports $106,700,000 in clearings and $5,400,000 balances. Treasury balance as of June 22 is $613,639.73 with customs receipts totaling $40,580,844.25.
MENTIONED IN THIS ARTICLE
Indianapolis
Indianapolis Bank Clearings Sone
New York
United Press
Clearing House
Federal Reserve Bank
Chicago
Treasury
Washington
Outlook for Money Rates and Stock Market Confidence
Banks split on how high call money may rise this week yet there is broad expectation that federal reserve authorities will ease the high rate. The money flurry stems from dividend withdrawals and reflects prosperous conditions, with renewed demand anticipated after dividend payments. The market has priced in a return to normal money costs and remains optimistic about security prices.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Federal Reserve
Thunderstorm Causes Fatal Grade Crossing Tragedy
A thunder storm muffled a train horn and a bus driver did not hear the approaching train at the Sheffield grade crossing. Four people were killed and seven were injured in the collision on Monday.
MENTIONED IN THIS ARTICLE
United Press
Sheffield
Mass
Jolt Ends Coma for Curtis Cummings After Train Stop
Curtis Cummings, 60, regained memory and faculties after a train stop braked, ending a month long coma from a fall at home. In Newton Stewart, Turner Baxter, 85, was found dead near his home after missing since June 12, with a note of self harm and a stash of gold found on the body.
MENTIONED IN THIS ARTICLE
Times Special
Birdseye
Ind
Curtis Cummings
New Albany
Times
Newton Stewart
Turner Baxter
Baxter
Long Island Aviation Country Club to Open in Hicksville
The first aviation country club in the United States will open in Hicksville on Friday. It will be called the Long Island Aviation Country Club and feature a $300000 clubhouse. The United States Army has promised to send fliers for the dedication ceremonies.
MENTIONED IN THIS ARTICLE
United Press
New York
Aviation Country Club
United States
Hicksville
L. 1
Long Island
Curtiss Wins Large Aircraft Order From Interstate Lines
Indiana Curtiss Flying Service secures a contract worth over 300000 to supply 50 to 60 planes for Interstate Air Lines through 1929 and 1930. Deliveries begin with three OX5 Robins. planes will serve passenger, training, air mail routes and act as a Curtiss sales base. Interstate operates Chicago to Atlanta route via Terre Haute Evansville Nashville and Chattanooga and Evansville to St Louis.
MENTIONED IN THIS ARTICLE
Curtiss Flying Service of
Indiana
Interstate Air Lines, Inc
Evansville
H. Weis Cook
Curtiss
Interstate
Indiana Curtiss Company
Sikorsky and
Ireland Amphibians
Command-Aire
Cessna
Fledgling
Robin
Winslow
Huge Aviation Corporation
Chicago
Atlanta
Terre Haute
Nashville
Chattanooga
St. Louis
Arrivals and Departures at Regional Airports
At Hoosier Airport Travel Air biplanes fly Hoosier to South Bend and return with Louis Schwitzer aboard. Tex LaGrone and G. Quinn travel to Kansas City from Troy and Pittsburgh routes. Capitol Airport features Swallow and Waco biplanes between Wichita Anderson and Connersville. Mars Hill Airport lists Linton Roberts of Missouri and Pacific lines with E. H. McReynolds as passenger on a St. Louis to New York trip.
MENTIONED IN THIS ARTICLE
Hoosier
Harold C. Brooks
Travel Air
South Bend
Louis Schwitzer
Washington Boulevard
Tex LaGrone
Waco
Troy
Kansas City
G. Quinn
Sydnoy Hall
Pittsburgh
St. Louis
Capitol
Paul Snick
Swallow
Wichita
Kan
Anderson
Ind
Dick Dodds
Connersville
Mars Hill
Linton Roberts
Missouri and Pacific Lines
New York
E. H. McReynolds
Wholesale Market Prices for Butter Eggs Poultry and Cheese
UPI reports Chicago and Cleveland wholesale prices for butter eggs and poultry. Butter firmer with extras at 40 to 42 cents. eggs extra firsts 29 to 30 cents. poultry fowls 18 to 27 cents and turkeys 20 to 38 cents. cheese Twins 21 to 22 cents. potatoes on tracks 2 18 4.25 per barrel.
MENTIONED IN THIS ARTICLE
Wisconsin
New York
Peesa de Colas
Bu United Press
Chicago
Southern
North Carolina
East Shore
Virginia
Bay United Press
Cleveland
Etxars
Livestock Receipts and Prices Across Markets
Louisville market reports hogs and cattle receipts with price ranges for mediums, heavies, and pigs, listing calves and sheep values. PT WayThursday shows calves hogs sheep receipts and steady to lower prices including 80 to 250 pound hogs and 1250 calves.
Mars Hill Airport to get 500 Million Candlepower Floodlight
Transcontinental Air Transport will install a massive floodlight at Mars Hill airport ready for tests this week. Boundary and obstacle lights will mark the field edges for night landings. The plan aims to aid emergency night landings and may hint at Pullman night service on the transcontinental route.
MENTIONED IN THIS ARTICLE
Mars Hill
Transcontinental Air Transport
Mars Hill Field
Charles Devoe
Licenses Examinations Held At Mars Hill Airport
U. S. Licenses Department of commerce examinations for limited commercial and transport pilot licenses were conducted Monday at Mars Hill airport. Inspector C. Whitcomb oversaw the tests. Participants included Harold Barnes of Marion Indiana Lieutenant Paul Zartman Clarence Stillwagon of the Indiana National Guard and William Bingerman.
MENTIONED IN THIS ARTICLE
Department of Commerce
Mars Hill
C. Whitcomb
Harold Barnes
Marion
Ind
Paul Zartman
Clarence Stillwagon
Indiana National Guard
William Bingerman
Enroll Student Flier Wilbur Gould at Capitol Airways
Wilbur Gould of Lawrenceville has been enrolled as a student in Capitol Airways flying school. The enrollment marks a formal entry into pilot training at the Capitol program.
MENTIONED IN THIS ARTICLE
Wilbur Gould
Lawrenceville
Capitol Airways
Hogs Mostly Lower In Pens As Market Slips
Hogs were mostly 25 to 35 cents lower in local stockyards with 160-250 pound hogs at 11.15 to 11.25, top 11.25. Receipts rose, holdings from Monday totaled 159. Chicago market opened slow to steady. 200-230 pound averages 11.10 to 11.20. Cattle and sheep varied with beef steers at 14.75 and vealers around 14.50, fat lambs to 13.50, and lambs 12 to 13.
MENTIONED IN THIS ARTICLE
Chicago
United Press
Poe
Cleveland
Pittsburgh
Buffalo
Chicago Livestock Market Summary and Prices June 25
Hogs receipts 20,000 with 1,300 direct. prices up to 11.35 for heavy hogs. Cattle receipts 5,500 mixed, best slaughter steers 14.50 to 15.50, cows 7.25 to 12. Cattle, calves, and sheep show uneven trading with varied price ranges across weights. Similar reports from Cleveland Pittsburgh East Buffalo with modest gains in hogs and steady to lower cattle and sheep values.
Weather News On Wheat Advances Amid Mixed Midwest Outlook
Chicago June 25. Clear southwest weather aids winter wheat harvest while dryness persists in Canada and the Dakotas. Wheat futures rise fractionally as corn and oats firm. offerings show small gains with July and December oats traded by Northwestern houses. Bull sentiment broadens beyond the U S due to Canadian drought and overseas market gains.
MENTIONED IN THIS ARTICLE
United Press
Chicago
Canada
Dakotas
Liverpool
Buenos Aires
City in Brief highlights Wednesday events and local notices
Reports list daily engagements including WEDNESDAY events at Irvington Presbyterian church and various luncheons. A federal suit seeks $57.50 monthly on a $10 000 war risk policy for Calvin Carney. John Mellett spoke to the Gyro Club and a tri city golf tourney was announced at Avalon Country Club. American Radiator plans new display rooms at 900 North Senate. Cleo Lownsbury and Wilson Winters faced a federal grand jury on liquor transport. Kruse Radio hosted an employee picnic. Indiana Farm Bureau’s Martindale serves as dean at training schools. Methodist ministers held a Garfield park picnic with Bishop Blake speaking.
MENTIONED IN THIS ARTICLE
Calvin Carney
Muncie
John Mellett
Spink Arms
Tri-City
Avalon Country Club
Cincinnati
Dayton
North
Senate Avenue
Board of Trade
Cleo Lownsbury
Wilson Winters
Ind
Lownsbury
Winters
John W. Kern
United States
Bishop May Tell in Court of Stock Deals
In New York a bankruptcy hearing on Kable & Co reveals Bishop James Cannon Jr may be called as a witness. Harry L. Goldhurst testifies Cannon authorized stock purchases up to 40000, and a bookkeeping “mistake” questioned whether Cannon bought 100 Lehigh Valley shares.
MENTIONED IN THIS ARTICLE
New York
Kable & Co
James Cannon Jr
Cannon
Harry L. Goldhurst
Goldhurst
Edward Benoit
Irving Trust Company
Benoit
Washington
Charles W. Kable
Kable
Lehigh Valley
Also Mentioned on This Page
Jun Zu
Banks and Exchange
Atl
Gulf & Wwt
Atchison Ae Nase
Atl Coast Line
Ohio
Baia Bat
Canadien Pac
Kroger Beechmee Asshesa & Ohio
California
Chesa Corp
Chi & Nes
Fleischmann
Erie
Postum_ Co
Sumatra
A Meyers
Lorillar
C & St H
Illta Tob Products
B. R J Reynolds
United Cigar Store
Norfolk & West
Schulte
Grand Union
Penania
Bae Grand Union Pfc
Eee
Uetn Pa
St Ui
Kelly-Spyfid
Car & Fdy
Am Steel Fda
Ryaiana
Westingh Air Wa
Crucible Colorado Fuel
Gulf States
Land Steel Este
Iron & Sti
Youngston Sti
Vanadium Corp
Ts Motors— Am Bosch Mag
Gavriel Sablers
Am Paiz
General Motors
Calumet & H
Kennecott C
Texas Gulf Snr
Atlantic
Ibs
Barnsda Oy
Freport-Texas
Indo Oi! & Gas
Lago Otl & Tr
Pan-Am Pet
Phillips Petrol
Union Ot
Sinclair Ol
Elly i
Texas Corp
Transconti - Wee
White Eagle
Ane Wee Industri Ady Rumely
Allis Chalmers
Allied Chemical Ai
Armour
Borg Warner Am Safety Raze Eee
Link Bell
Int Harve
Lambert
Loews
Kolster
Montgom’ Ward
Nat Neers
Keith Radio
If Radio Mace
Real
Sears Roebuck
Union Carbide
U S Indus Alco
United Air Craft
Woolworth Co
Am Tel & Tel
Am Wet
E Power
Col & Eee
Elec Pow & Lt
Curtiss Company
Walker W. Winslow
W. G. Schauffier
Earl F. Ward
Louisville
Bu United Press PT. Wayne
Mars Hill Port
U. S
Irvington Presbyterian Church
Kiwanis Club
Claypool
Junor Chamber of Commerce
Chamber of Commerce
Lions Club
Lincoln
Purdue Alumni Association
Severin
Illini Club
Kruse Radio, Inc
E. L. Kruse Sr
W. T. Martindale
Indiana Farm Bureau Federation
Lake Minnetonka
Minn
Farm Bureau
L. L. Needler
Methodist Episcopal
Garfield Park
O. W. Fifer
Edgar Blake
Utilities Power & Light
Great Britain
Utilities Power & Light Corporation
Birmingham
London
British Isles
le Salle & Chicago