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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 18 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Jun 25, 1929

Page

5

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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