Stock Market Rises Amid Mixed Trading on March 24
United States Steel strengthens market as overall shares gain despite weak spots. Montgomery Ward and Johns Manville hit new lows while Vanadium leads steel gains and Lehman, Kelvinator, and United Aircraft report higher new highs. Oil stocks climb with Standard Oil and Sinclair advancing. Call money steady at 4 percent.
MENTIONED IN THIS ARTICLE
United Preas
New York
United States Steel
Johns Manville
Montgomery Ward
Lehman Corporation
Serel
Kelvinator
United Aircraft
Ask Belt Amer Central Life Ins Co
Merrit Co & S Yds Co
Wees “Central
Circle Theater Co Common
Citizens Gas Co Common
Citizens Gas Co
Commonwealth L Co
Hoo Drug Co Common
Ind Hotel Co Claypool
Indiana Hotel Co
Indiana Service Corp
Indianapolis Gas Co Common
Ind Lg Power & É& Lt Co
Indpls St Ry Co
Indianapolis Water” Co
Metro Loan Co
Northern Ind
Progress Laundry Co
Au Sons Fer
Real Silk Hosiery M, Inc
Standard Oi Co
Ind
Terre Haute Trac & L Co
Union
R R & Stock Co
Central Indiana Gas Co
Central Ind Power Co
Citizens Gas
Citizens Street Rail
Gary
T & T of
Ft. Wayne
Ind BcEuicks Trac Co
Ry & Light Co
O Wee Indiana Service Corp
Indpls
Power and Light Co
India
Ana Union Trac Co
Col & Co Trac
Indianapolis Gas Co
Ase
Art Rapid T Co
Trac
Beevers
North Western Co
Trac Ter
Union Ry
Indpls Water Co
Indpls Water Co Lien & Ref
Rhe Telegraph Co
Ind & East Trac
T H Trac & Light Co
Union Trac
Ind Co
Sale Belt RR & S Yds Co
Illiteracy Campaign Underway Across 35 States
Governors and educational leaders from 35 states unite in a final drive against illiteracy ahead of the census. Interior Secretary Wilbur, head of the national illiteracy advisory committee, reports the effort.
MENTIONED IN THIS ARTICLE
Washington
Interior
Wilbur
National Advisory Committee
Porker Trade Down 10 Cents at Stockyards Market
Hogs were mostly 15 cents lower with 150 to 275 pounders at 10.30 to 10.80. Receipts 4,000 with holdovers 262. top price 10.80. Cattle trade weak for steers. wealers up 50 cents to 13.50. calf receipts 200. sheep steady, top lambs 10.25. Chicago hogs run 53,000 including 18,000 direct. Holdovers to 15 cents lower at 10.50 to 10.60 for 170 to 200 pounds. 255 pounders 10.25. Cattle receipts 14,000. sheep 20,000.
MENTIONED IN THIS ARTICLE
Union
Chicago
Nat Sace
United Press
Cleveland
Tuted Real Ittsburgh
Louisville
United Press Cincinnati
City in Brief Tuesday club luncheons and lectures list
A dense list of Tuesday and Wednesday gatherings appears in the City in Brief. Mercator Club Columbia Club Rotary Club Gyro Club and more host luncheons and noon events at various venues including the Claypool and Columbia Club.
MENTIONED IN THIS ARTICLE
Mercator Club
Columbia Club
Rotary Club
Claypool
Gyro Club
Spink-Arms
Purchasing Agents Association
Severin
American Chemical Society
Chamber of Commerce
Rece Club
Columbia Ub
Phi Gamma Delta
University of Michigan
Lincoln
North Side
P. m
Indianapolis Republican Veterans, Inc
Board of Trade
Board of City School Commissioners
City Hall
Indiana Retail Jeweler'’s Association
Harold C. Keyes
United States Secret Service
Wheat Drops on Chicago Board of Trade Bearish Push
Wheat fell sharply on the Chicago Board of Trade amid bearish sentiment and weak Liverpool trading. Liverpool and Buenos Aires declined with fading shipments, while corn and oats followed lower. provisions stayed weak as winter wheat moisture and lower loan prices influenced markets. Receipts were expected to be large.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade Today
Liverpool
Winnipeg
Buenos Aires
Farm Board
Union Oil debentures offered with warrants by leading banks
Debentures totaling 15 million dollars at 5 per cent, maturing in 15 years, with capital stock subscription warrants, offered by Dillon, Read & Co. and partners. Autocar sells 69 heavy duty trucks to Amtorg for Moscow and outlying districts, worth about 3.4 million dollars. Bristol loan underwritten in London by Jenny Schroder & Co. and a 40 million dollar Royal Dutch issue is placed in the U.S. market by a large syndicate.
MENTIONED IN THIS ARTICLE
Union Oil Company of
California
Dillon, Reed & Co
Bancamerica-Blair Corporation
Chase Securities Corporation
The
Autocar Company
Amtorg Trading Company
New York
Russia
Moscow
London
Bristol
England
City of
Jenny Schroder & Co
Royal Dutch Company
Dillon, Read & Co
Equitable Corporation of New York
Guaranty Company of New York
Bankers Company of New York
Bancameric
Reaction Hits Stock Issues Late In Week
United Press reports a stock market rebound on Saturday after a week of uneven gains. Friday and Saturday records were set for full and short session sales, with bears blamed for irregularities and shorts covering in key issues like National Cash Register Western Union Woolworth Simmons Montgomery Ward American Locomotive and American Car and Foundry.
MENTIONED IN THIS ARTICLE
United Press New York
Stock Exchange
National Cash Register A
Western Union
Woolworth, Simmons
Montgomery Ward
American Locomotive
American Car and
Bank clearings and balances across major cities
Indianapolis clearings Monday March 24 totaled 3 113 000 debits 6 450 000 New York March 24 bank clearings 577 000 000 clearing house balance 133 Federal reserve credit balances 128 000 000 Washington March 24 treasury net balance March 21 409 579 092 expenditures 21 948 124 64 customs receipts 29 318 333 10 Chicago March 74 bank clearings 80 000 000 balances 6 600 000
MENTIONED IN THIS ARTICLE
Indianapolis
New York
United Preas York
Federal Reserve Bank
United Press
Washington
Treasury
Chicago
Eo T
Cago
Market Outlook Signals Possible Short Term Decline
Stock market commentary from New York on March 24 notes expectations of lower rediscount rates and tariff passage as potential bright spots for the week. It cautions that first quarter earnings may decline for many large corporations, with some dividend cuts possible, while maintaining a longer term optimistic view and urging selective reduction of commitments.
MENTIONED IN THIS ARTICLE
United States Steel
American Can
General Motors
The
Stock Exchange
New York
Bank of England
Thomson & McKinnon
Hogs and Cattle Prices across Markets Reported
United Press dispatches from Chicago to Bordent detail hogs and cattle receipts, prices, and early declines across multiple exchanges including Cleveland Toledo East St. Louis Louisville Pittsburgh Cincinnati and Cincinnati noting direct hog sales, steer and heifer ranges, calf figures, and a fatal injury from a falling tree in Borden Indiana.
Markets Echo Rising Prices Across Eggs Poultry and Dairy
In Indianapolis and New York markets, wholesale egg and poultry prices vary by grade and weight with No 1 top quality quoted. Butter cheese and flour show firmness with mixed spot prices, while New York and Chicago report steady to firmer poultry and dairy markets and regional price spreads.
MENTIONED IN THIS ARTICLE
Indianapolis
Kingan & Co
Wisconsin
New York
United Press
Chicago
Minnesota
North Dakota
Idaho
Russell
Fruit and Produce Prices Across Regions
A cluttered OCR list shows multiple produce items with regional prices. Items include oranges naval California at 5.25, lemons California crate 5, limes Jamaica 2.50 per hundred, grapes California 3.75, strawberries 40c quart, potatoes Wisconsin 4.94 per 100 lb, onions Indiana yellow 2 per bag, peppers Florida crate 6, beans Florida 6 a haraper, and other fruits and vegetables with varied prices and crate/bushel sizes.
MENTIONED IN THIS ARTICLE
Florida
California
Jamaica
Texas
C. Fornia
Indiana
Wits
Wisconsin
Minesota
Red River
Idaho
Florida Cobblers
Nancy Halls
Ea Etiatts
Motometer Weapon in Garage Assault Case
Raymond Spurgeon, a night attendant at a Clifton garage, allegedly used a motometer as a weapon in a Sunday night dispute with Carroll Michael of 1546 Broadway. Michael suffered a deep head gash and was treated at City Hospital. Spurgeon was arrested on assault and battery charges.
MENTIONED IN THIS ARTICLE
Raymond Spurgeon
Clifton
Thirtyfourth
Carroll Michael
Broadway
Michael
City Hospital
Spurgeon
Dustless road plan covers 800 miles
Director John J. Brown of the state highway department announces plans to dustless 800 miles of state maintained roads at about $600000. This exceeds the 1929 amount by 150 miles. Bids for 2.5 million gallons of liquid asphalt and tar will be received on April 15 17 and 18. Bids for 4 million gallons of light grade road oil and 2000 tons of calcium chloride open April 22 23 and 24.
MENTIONED IN THIS ARTICLE
John J. Brown
State Highway Department
Abduction Attempt Alleges Suspect On East Twenty-Fifth Street
Police launch wide search after a Black man allegedly tried to abduct a seven year old girl on East Twenty-Fifth Street and earlier attempted to entice another girl into a car on the south side. The girl, Charlotte Smith, 7, of 2442 College Avenue, escaped.
MENTIONED IN THIS ARTICLE
East Twenty-fifth Street
Charlotte Smith
College Avenue
Police Hear Mayor At Evening Roll Call
Mayor Reginald Sullivan and the board of public safety will address city police at a 7 30 p m roll call. Police Chief Jerry Kinney said it is the first meeting since the city administration change.
MENTIONED IN THIS ARTICLE
Reginald Sullivan
Board of Public Safety
Board of Safety
Jerry Kinney
Danish Crown Prince Sails for Tsing Tao from Kobe
Crown Prince Frederick of Denmark and party including Prince and Princess Axel and Prince Knud sail from Kobe to Tsing Tao after a week in Japan visiting Yokohama Tokio Kamakura Nikko Kyoto and other places of interest.
MENTIONED IN THIS ARTICLE
United Press
Man Survives Grave Drowning After Desperate Self Harm
William Luedke, 52, was dragged from a shallow grave in North Chicago by two boys who found him alive after he slit his throat and buried himself. He said poverty drove him to the act. he was hospitalized at Lake County General.
MENTIONED IN THIS ARTICLE
North
Chicago
William Luedke
Lake County General Hospital
Luedke
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Faley
Sears Roebuck
Shorts
Gillette
Westinghouse Electric
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Bethlehem Steel
Radio Corporation
Standard of New Jersey
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Simms Petroleum
Warner Brothers Pictures
Paramount
Atchison Es Aeeee Wee
Balt & Atlee Line
Ohio Fees
Ee Pac
Chesa & Ohio
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Chi Ts
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del & Lacks
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Eeesee
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Westingh Air
Bethlehem
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Gulf States
Otis Rep Iron
Newton Ludlum
US Steel
Alloy Starserene
Ahs
Elin Warren Foly
Youngstown Streel
Vanadium Corp
Motors
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Chrysler Corp
Eaton Axle
Graham Paig
Borg Warner
Gabriel Snublers Oon
Hudson
Sits
Haves Bod’ Corp BS
Auburn
Am Smelt & Big
Am Metals
Am Zinetata Anaconda
Calumet & Ariz
Calumet & Heca
Cerre de Pasco
Granby Corp
Inspiration
Howe Sound
Int Picket
Kennecott_Cop
Magma
Miami
Atlantic
Barnsdall (A
Freeport-Texas
Houston Oil
Indo Oil & Gas
Pan-Am Et Phillips
Union of Caloe One
Frairie Pipe
Richfeld Royal du
Shell
Simms
Sinclair Ou
Skelly
Sta Oil Cai
Oi N J
Tidewater
Texas Corp
Texas C
Transcontl
Ady Industrials
Rumely
Allis Chalmers
Allied Seel
St Amer
Alleghancy Corp
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Crosley
Iss
Davidson Chem
Tink
Kolster
Ge Ward
Wees
Keith
Owens Bottle
Cor
Sears-Roebue
Warner Bros On
Univ
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Woolward Co
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Am Telie
Am Pr & Lt
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Pac Light
Cal Edison
Std Gas & A
United Cor A
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United
West Pues Tel
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Borden Coat
Jewel Grand Union
Sumatra
Myers
RJ Reids
United Ciga
Will H. Latta
Benjamin Harrison
Delaware Street
Indianapolis Baptist Association
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Homer P. Raimey
Franklin College
Universal Club
Fathers and Sons
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C. W. Teel
Curtis Publishing Company
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Violette Metzelbhin
Advertising Club of
Harry A. Beeman
Sheet Metal and Warm Air Heating Contractors Association of Indiana
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Richmond
Terre Haute
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No Young Park
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China
Indiana Council On International Relations
Illinois
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French Lick Springs
Modern Woodmen of America
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Beech Grove
Beech Grove High School
David Mann
Modern Woodmen
Minnie Klingensmith
Mortgage Bank of
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Colombia
J. & W. Ligman & Co
Duesenberg, Inc
Auburn Automobile Company
H. T. Ames
Beneficial Industrial Loan Corporation
Clarence Hodson & Co
American Loan Company
Industrial Bankers of America, Inc
Halsey, Stuart& Co
Bancamerica- Blair Corporation
A. B. Leach & Co., Inc
Stix & Co
Tarrant County
Ft. Worth
Entir
Butler Brothers
L. C. Burr & Co
Oklahoma
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Denton
Cleburne
Big & Kings
Pawhuska
Frederick and Pauls Valley
Okla
Batesville
Ark
Gether
Dow, Jones & Co
Avena
Ssesens
Banks and Exchange
Treasury Statement
Bu United Press
Toledo
Tree
Man
Borden, Ind
Cecil Owens
Middle West
Tne Island
Maine
Bermuda
Jersey
Long Island
Cincinnati
Seeeevuneee Eesneee
Benreniere
Ry Times
Moody's
Public Utilities
American Tel. and Telegraph Co
Consolidated Gas Co. of
International Tel. & Tel. Corp
Industrials
Reserve Fund
Ask Am
New Se Eeeneee
Hares
First Investment
No Am Trust
Pout & Li Lh
Standard Oil
Straus
Steeeee
Amer
Casaee Tt
Us&s
Elec
Sullivan
America
Eady
Chicago Board of Trade
Foreman State Trust and Savings Bank of Chicago
the Meyer-Kiser Bank
East
Washington Street
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