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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 22, 1928

Page

4

Stock market declines push prices lower in selling day

United Press reports May 22 price declines as selling deepened across the market. Major Industrials fell with General Motors and Steel leading losses while Rail and Bond averages slipped. The Wall Street Journal noted large offerings and stop loss orders triggering marked declines, with no rebound since mid April.

United Press NEW York General Motors, Steel Radio American Telephone and Telegraph Wall Street Journal Financial Review Wright Curtiss

Indianapolis and Chicago bank clearings and foreign exchange report

Indianapolis bank clearings today totaled 3 710 000 with debits 7 621 000. Chicago clearings reached 144 900 000 with a clearing balance of 17 300 000. Foreign exchange in New York showed various rates for sterling franc lira and other currencies. Treasury balance May 19 was 85 393 041.72 with customs receipts to May 19 at 27 481 772.67.

Indianapolis Chicago United Press Clearing House United Press York Lira Belga Mnevka Treasury Washington

Markets in Butter Eggs Poultry and Potatoes Across Cities

Wholesale butter prices from No 1 to No 2 vary by region with creamery extras at 44 to 49 cents. Eggs steady with extras around 32 cents and firsts near 28 to 30 cents. Poultry prices list heavy broilers Leghorns and fowls by weight and season. potatoes listed by region with sacks and barrel rates. New York and Cleveland report mixed movements in flour pork coffee and cheese markets, with regional price ranges for russets and sweet potatoes.

Wisconsin New York Indianapolis United Press Cleveland Maine Michigan Minnesota Idaho Russel Burbanks Florida Aeridge Florida Texas Reds Midwest Rio Santos Young Americas Long Island Southern Bermuda Jersey Pacific Coast United Arena Chicago C. Cheese—Twins Young Americas Alabama Bliss Triumphs Florida Spaulding Rose Red River Oh Idaho

Prizes Awarded in Bible Memory Contest at Marion County

The Marion County Council of Religious Education awarded prizes for Bible memory and story telling at Broadway M E Church on Monday night. First in Bible memory went to Gertrude Louise Ketcham of Tabernacle Presbyterian Church. honorable mentions to Rose Mary Gladden and Martha Parrish. In story telling Virginia Quarters won first, Ruth Ketcham second, and Hazel Fisher third. First place winners advance to a regional contest at Tabernacle Church on Sunday afternoon.

Marion County Council of Religious Education Broadway M. E. Church Gertrude Louise Ketcham Tabernacle Presbyterian Church Rose Mary Gladden Broadway Church Martha Parrish Central Christian Church Virginia Quarters of Zion Evangelical Church Ruth Ketcham Hazel Fisher Irvington M. E. Church Tabernacle Church

Hogs Rise and Cattle Mixed Across Midwestern Markets

Hogs moved higher by up to 9 cents with a heavy supply around 7,500 head at Chicago and Louisville markets. Calves fell about 50 cents while beef cattle generally held steady or rose modestly. notable price ranges included heavy and medium slaughter steers and varied lambs and sheep across multiple regional reports from Chicago and nearby trade hubs.

Local Wagon Wheat Prices Rise at No 1 Elevators

Local grain elevators offer $1.79 for No 1 weighed wheat. Other grades sold on their merits with price varying by quality and demand.

Stock Market Liquidation Signals Weakened Prices

In New York on May 22 the market showed persistent weakness as liquidation indicated an ongoing readjustment of stock values. The money situation remained unsatisfactory and sentiment cooled with many investors liquidating, despite prior belief in upward trends.

New York

St. Louis Man Hangs Self in Marion Sanitarium

Herbert Steinmetz of St. Louis used a pajama string rope to hang himself in the National sanitarium at Marion Indiana. His body was found suspended from a water pipe in the end of the ward.

St. Louis Marion Ind Herbert Steinmetz

Fruit and Produce Prices Listed by Retailers

A scrambled price list for seasonal produce including apples, grapefruits, lemons, oranges, strawberries, beans, beets, cabbage, carrots, celery, kale, onions, peppers, potatoes, radishes, rhubarb, spinach, tomatoes, turnips, and misc items. Regions include California Florida Alabama Texas Mississippi and Jamaica. various quantities and crate or per unit prices are shown.

Sane California Florida Alabama Texas Louisiana H. G Eeftice Ares Ustra -Southern Texas Bermudas Michigan Minnesota Red River Idaho Brahe Dow Kentucky

Kraft Gains Dairies Through Kraft Phenix Acquisition

Kraft Phenix Cheese Company announces acquisition of control of Southern Dairies Inc with a likely stock exchange to complete consolidation. Kraft officials see strong growth potential in the South as factories already operate in Alabama Missouri Texas Arkansas Tennessee Kansas and Georgia. Consolidation aims to cut operating costs capital expenditures and raw material purchases through eliminated duplication.

United Preas New York Southern Dairies, Inc Kraft-Phenix Cheese Company Kraft Company South Kraft-Phenix Company Alabama Missouri Texas Arkansas Tennessee Kansas Georgia

Fridlin Laundry Reopens After May 12 Explosion

Kokomo Indiana May 22 The Fridlin laundry resumed operations this week after new machinery and repairs. Four people died in the May 12 mangles explosion. Three others remain hospitalized in serious condition including Miss Mary Roper Miss Lillian Pohlman and Harry Morrison with grave prognosis for the women.

Kokomo Ind Fridlin Laundry Mary Roper Lillian Pohlman Harry S. Morrison

Livestock Receipts and Prices From Pittsburgh Cincinnati Markets

Livestock price reports show mixed receipts and steady to firmer prices for hogs calves and sheep across Pittsburgh and Cincinnati markets. Hogs tested lower with 250 to 350 lb pigs around 9.50 to 10.15, while calves and beef cattle held firmer with beef steers near 12 to 13.75 and veals around 11 to 13.50. lambs ranged with fat lambs up to 16 and bulk around 12.50 to 16.00 as market activity varied.

Louisville United Prear Chicago United Press Toledo United Areas Cleveland Buffalo Ahesense Bay United Press Pittsburgh Cincinnati

Wheat futures rise on unfavorable U S Canadian weather

Unfavorable weather reports from the American and Canadian belts push wheat futures higher on the Board of Trade. Corn and oats follow modest gains while provisions fall. Higher temperatures threaten wheat belts, with Manitoba export activity noted.

Bay United Press Chicago Board of Trade Today United States Canada Northwest Canadian Manitobas

Grain and hay prices mixed across Chicago and Toledo markets

The report shows Chicago cash grain prices for Wheat No 1 at 1.55 dollars and various corn and oats quotes, with mixed bids in different lots. Toledo close quotes list Wheat around 1.77 to 1.88, Corn No 3 at 1.13 to 1.14, Sgrain 2 at 1.41, and hay and timber products with cash and futures figures.

United Press Chicago Toledo Timothy C. Hay

Births and Deaths Mixed From Local Hospitals

The notice lists numerous births at city hospitals and Methodist Hospital, with parents and addresses, followed by a roster of deaths at Riley, City, and Christian Hospitals among others. Causes include pneumonia, chronic pyloritis, gastroenteritis, premature birth, and cardiac conditions.

Edith Ried Riley Hospital Alton Eugene Morton City Hospital Johanna Wuerffel Maryland Martha Helen de Mesa Frank Smallwood Martha Ellen Stark N. West Marty Grace Davis Rhold Marston Infant Goodwin Lilian Goodwin Anna Hitchcock Christian Hospital Jonah Trobaugh Emerson Clara Burniside Josephine Harper Beach Pennsylvania Tack Duaine Dunn Marq Mises Washington Valeurs Eckert Methodist Hospital Cleo Even Imona PDO McHurehiil Fayette

Hammond magnate faces conspiracy charges in theater bombing

Hammond theater magnate William Kleihege will be tried June 11 in Crown Point on conspiracy charges connected to the November bombing of the $1,750,000 State theater. The case centers on the bombing at the State theater last November and the ensuing trial.

Bi Times Hammond Ind William Kleihege Crown Point

Peace League Head Will Speak at Meeting Here

Dr. James G. Heller president of the Cincinnati Peace League will discuss The Gordian Knot of War at the Lincoln luncheon for the Indiana Council on International Relations second annual conference. The session closes the council year and covers Kellogg peace correspondence with participation by multiple women’s groups led by Mrs Laura Puffer Morgan.

James G. Heller Cincinnati Peace League Indiana Council On International Relations Lincoln Heller Plum Street Cincinnati Kellogg Laura Puffer Morgan Washington, D. C A. W. Bowen Jewish Council of Women Service Star Legion Indianapolis League of Women Voters Temple Sisterhood Indianapolis Missionary Union Alter Society Women’s Department Church Federation Unitarian Alliance The Christian Science Church

Honor Social Workers Club Pays Tribute at Butler University

The Social Workers' Club honored Miss Clare Burnside, Juvenile Court worker who died Saturday, and Dr. Howard E. Jensen who resigned from Butler University to join the University of Missouri. The tribute occurred at a monthly dinner at the Hawthorne Social Service House. Lynn Tripp praised Burnside's role in Juvenile Court work. Homer Borst paid tribute to Jensen.

Social Workers’ Club Clare Burnside Howard E. Jensen Butler University University of Missouri Hawthorne Social Service House Ohio St Lynn Tripp Miss Burnside Homer Borst Community Fund Jensen

Market Price List Highlights Seasonal Produce and Deals

Wholesale style listing shows varieties and prices for apples cherries grapefruits lemons oranges pineapples strawberries beans beets celery cucumbers eggplant kale leeks onions parsnips peas potatoes radishes rhubarb spinach tomatoes turnips and misc items like cider and blatz. Values cover multiple regions including California Florida Indiana Alabama Texas and Oregon with crate and hamper pricing and bulk quantities noted.

California Florida Alabama Southern Valentiens Louisiana Texas Indiana Texas Bermudas Mississippi Michigan Milne Red River Kentucky

Sugar Futures Outlook Signals Potential Price Rise

In the Sugar Market of Thomson and McKinnon in New York on May 22 traders expect higher prices as refined demand appears overdue. Futures opened steady with May at 2.65, July 2.71, September 2.81, December 2.89, January 2.85, and March 2.77.

Thomson & McKinnon New York United Press

Cotton Market Bears Caution Prices Move Higher

In New York on May 22 Thomson & McKinnon say present conditions make any price over 21 cents artificial. Traders should take profits on hard spots as bear factors rise. May contracts opened steady with July at 20.85, October 20.84, December 20.71, January 20.66, March 20.64, May 21.13.

Case Atchison Atl Coas Canadian Pac Chi & Mac N West del & Hudson A Lacka Erie Ist Tl Central Lehigh Valley YC & St L Norfolk West Pere Marquette Vania Southern Pac St Paul Be Stl&sf Texas & Pac Union Pacific Wabash Bath Esec Ajax Kelly-Spena United States Am Car & Fdy Steevoe Studebaker Stromberg Cart Cerro de Pasco Chile Kennecott Miami Texas Sul Aire Cal Freeport-Texas Houston Oi Marian 1878 Lago Oil & Bh Pan-Am Pet Phillips Petrol Aan E Pro & Rfgrs Royal Dutch Simms Petrol Ae Sinclair Eee Eee Allis Chalmers Allied Chemic Curtis Aig Ig Pittsbur Owensgh Real Rem Rand Silk Sae Sears Roebuck Union Carbide Woolworth Co M Tel & Tel Am Express Brklyn Manh Toynena Consol Gas N Eee Interboro Elec Pow & Nor Am Co Nat Power Wee Il Peoples Gas Ae Std Gas & Oe Corp Atl Gas Awe One Austin Nichols California Fleischmann Ewe Ea TM Jones Bros Natl Biscuit Nat Dairy Postum One Ward Baking B Wee Tobaccos Sumatra M & Ateyers Lorillard Reyno United Cigar Schulte Thomson & McKinnon New York United Press FAO Suinees

City council defers vote on annexing suburban area east of Irvington

The city council postponed action on annexing a large block of territory east and north of Irvington amid protests by property owners. Officials cited sparse settlement and streetworks challenges near Tenth Street. A rezoning request for Meridian Street was withdrawn and an alley site named Vermont Place was approved along with a railroad switch permit for Evans Milling. Paving on E Washington Street from Wallace to Audubon was also deferred.

Irvington E. Washington and Tenth Sts Arlington and Edmondson Aves Merle N. A. Walker John E. Shearer Tenth St Meridian St Fall Creek Blvd Maple Rd Boynton J. Moore Vermont Lockerbie Sts Vermont Pl Evans Milling Company W. St. Clair St E. Washington St Wallace St Audubon Rd

Utilities See Big Future in Rural Power

Rural electrification is highlighted as a major development field by G. C. Neff of Wisconsin Power and Light at the Indiana Electric Lights Association convention in Columbia Club Madison. About 150 attendees heard speeches by leaders including R. M. Feustel Thomas F. English and C. V. Sorenson.

G. C. Neff Madison Wis Wisconsin Power &S Light Company Indiana Electric Lights Association Columbia Club R. M. Feustel Ft. Wayne Ind Thomas F. English South Bend Great Lakes National Electric Light Association C. V. Sorenson Attica Electric Company Indiana Rural Electrification Committee Truman E. Hienton Lafayette Purdute Agricultural Experimental Station H. D. Hinkle Vincennes Indiana Federation of Women's Clubs W. H. Sammis Jackson Mich

Also Mentioned on This Page

Premay Banks and Exchange Liberty United Presaries Wayne May Lk Commission KRAFT Dairies Southern Property Askimmer Central Life RR & S Central Ind Power Circle Theater Co Citizens Gas Co Citizens Gas Cod Commonwealth An Co Equitable Securities Co Indiana Service Indiana Hotel Lis Gas Co Co Adascene Ry Co Td Inap Mapollg Water Co Merchants Puriahties Pro Rene Laundry Co E. & Sons Real Silk Hos Co Panniers Oil of Indians Tut & E Union Indian ‘Ac Indpis Water Co Interstate Pub Interstate Interstate P Trac Co Tt & Lt Ee Union Trac Oe Liberty Loan U & Treasure Kokomo Laundry U. S Chicago Grain Table By Times Open Low Rre Edith Williams Hillside Liam Gladys Jordan N. Keywires Dorothy Putnam Ea. Grover Doris Bracken Layman Jesse Arizona Danford E. Southpee Emma Mathias Ceci Carl Margrete Koesters Eda Emille Booth Christian Hosa Samuel Doris Peggs Christian Hosital Piharies Goldie Hall N. Dearin Jeilead and Maude Dunn Sherman Earl Violet McCarty Brook Nalarris Hannah Pozner Ruby Worland N. Olne Harry Nellie Hank Blaine Pinibere Marie Springman Hall Donald Erma Gilchrist Peace League Council On International Relations T. G. Heller Butler U Vonnegut East Washington St Eastern Area DANCL America Comediennes Watson Mary Sweeney Sullivan Ruth Werner Mary-Ann Flying Harpers Frank Braidwood Graham Courtney Ruth Noller Stuart Walker Keith's Berkell Matinee Geo. M. Cohan Motion Pic Apollo Richard Te DIX Andy Carroll Wmovietone Big Circus Karl Dane Gee K. Arthur May M'Avoy Little Snob Indiana Light Association Motion Publix Theatres Madge Bellamy Charlie Davis Ben Bie Alfred Latell Stuart Barrie Vive Yachting Party Breeze Yuestion Cressed Edmund Long Mary Astor Resener Ste Vspor Eleanor Boardman Peggy Odditties Adame Sisters Horton Spur Grace Johnson Emil Seidel Dolores del Rio Gilda Gray Tadge Cihe Dové Boaw Meek and Calert Roland Connie Jimmie Hatton Froney Sister Hewes Contoneus Indianpolis
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