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This newspaper page contains 34 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 31, 1928

Page

4

Motor Shares Rally On Merger Prospects In Auto Sector

Prospect of extensive auto mergers sparks early buying in motor shares. Pierce-Arrow and Jordan hit new highs amid merger talk with Briggs Manufacturing rising near a new peak. Dodge and Chrysler issues move as talks of a share for share consolidation influence prices and trading activity.

United Press New York Pierce-Arrow and Jordan Briggs Manufacturing Dodge Chrysler Dodge Common Motors Mack, Packard Graham-Paige Studebaker White General Motors Sears Roebuck Wall Street Journal Financial Review Today American ‘Telephone & Telegraph American Can Union Pacific New York Central

Banking and Treasury Figures Show May Debits and Balances

Indianapolis reports daily bank clearings of 3 762 00 and debits of 7 086 000 with May totals of 106 688 000 clearings and 193 696 000 debits. Chicago daily clearings reach 138 200 000 with a 10 800 000 clearing balance. Treasury balance for May 28 stands at 80 087 558.65 with customs receipts to May 28 at 38 090 203.25. Liberty bonds seen with 3d 4s at 100.2 and 4s at 101.31 with treasury 3s at 101.27.

Indianapolis United Press Chicago Treasury Washington The Liberty Bonds Mee Press New York Liberty 3d

Chrysler Dodge merger sparks talk of auto industry consolidations

The Stock Market column notes the Chrysler-Dodge merger could revive trader interest in consolidations across autos and other industries. With month end disbursements and ongoing gold exports, money rates may rise, creating alternating stock market strength and weakness. Investors should seize periods of strength.

Thomson & McKinnon New York Chrysler-Dodge Federal Reserve Board

Cotton Market Heads into Weather as Prices Dip

Thomson & McKinnon report the cotton market tracking weather trends with October slips near 20.50 as traders weigh easy Ark prices. In New York May 31, futures declined with July at 20.50 and December around 20.43, while nearby 20.33.

Thomson & McKinnon R United Press New York Bober Gauery

New York Stocks May 31 Market Report

Wall Street traders closed May with mixed moves as key indices fluctuated. Financial leaders Thomson McKinnon noted gains in industrials while tech shares lagged, reflecting cautious investor sentiment ahead of summer trading.

PORKERS RISE 15 CENTS IN MART TODAY

The livestock market re opened with hogs generally steady to 15 cents higher per hundredweight and receipts of 9,500 fresh animals plus 495 holdovers. Cattle and vealers varied with some classes up and lambs steady while sheep rose. Chicago market opened strong with good and choice hogs in the 190-230 pound range at 9.80 to 10.00.

Chicago

Chicago Livestock Market Report May 29 to May 31

Receipts for hogs and cattle vary by weight and class across multiple markets including Chicago Toledo Cleveland Pittsburgh Wayne Cincinnati and others. Prices show gains in some weight ranges and steadiness or slight declines in others with specific figures for hogs cattle calves vealers sheep and lambs by weight class and packing-sow categories.

Sugar market in New York faces possible holiday activity

Sugar futures opened steady with May trading around 2.69 and December near 2.88 as traders weigh nearby tonnage, potential Cuban export demand, and a fragile outlook dependent on revival of the white sugar trade amid low open interest.

Thomson & McKinnon New York

Local Grain Elevators Set Wheat Price at 21.65

Local wagon wheat prices are posted at 21.65 per bushel for No. red wheat. Two ratios or methods to grade or bid are indicated by the elevators.

Fruit and Vegetable Wholesale Price List with Crates and Baskets

A dated price list from PULIGAGG May 31 details commission prices to retailers for a wide range of fruits and vegetables. Items include apples in various forms from Fancy barrel to choice bok, cantaloupes from California, cherries, Florida grapefruit, lemons and oranges, California Valencia oranges, Cuban and Tennessee berries, green asparagus, beans, carrots, celery, cucumbers, kale, leeks, lettuce, mustards, onions, parsley, parsnips, peas, peppers, potatoes from multiple regions, radishes, rhubarb, tomatoes, turnips, and miscellaneous items with crate, basket, or dozen pricing.

California Florida Southern Bestern Southern Alabama Louisiana Texas Indiana H. G Loz Bermudas Michigan Minnesota Red River Ohios Idaho

Markets Report Butter Cheese Poultry and Potatoes

Chicago and New York market notes show wholesale butter prices around 42c with extras and firsts near 27c to 30c, cheese steady with Twins and Young Americas around 24c to 26c, and poultry receipts with broilers 30 to 33c and turkeys 20c. Potatoes prices for Long Island around 1.30 to 3.50 per 100 pounds and Russets from Idaho at about 1.25 to 1.45 per pound, with regional varieties listed.

Daisy Langhorn New York Nabe Indianapolis Brcee Red Michigan Wisconsin Minnesota Idaho Burbanks Porias Hastings United Press Chicago Alabama Louisiana Texas Bliss Florida Midwest Rio Santos Long Island Breilers Young Americas Southern Bermuda Jersey Pacific Coasts

Market reports from Louisville cattle hogs and sheep trade

Times Special from Louisville reports May 31 hog receipts 1 000 market up 10 cents best heavy and medium hogs 175 lbs up to 9 10 9 85 pigs 175 lbs down 6 41 to 8 30 dull outs and stags 6 85 to 7 45 cattle receipts 300 steady prime heavy steers 12 71 13 heavy shipping steers 11 7 12 medium and plain 9 50 11 00 fat heifers 7 12 75 choice fat cows 8 50 10 50 cutters 5 50 6 50 canners 4 50 5 25 bulls 6 9 feeders 9 11 50 stockers 5 0 11 50 calves receipts 300 steady good to choice 11 50 14 13 50 medium to good 9 50 11 50 outs 9 50 down sheep receipts 1 500 steady best mixed lambs 18 ewe and wethers 18 50 seconds 12 15 sheep 7 0 47 50 bucks 4 down Wednesday shipments cattle 200 calves 209 hogs none sheep 926

Ebereeeeee United Press Chicago Valie Ibanes United Press East Buffalo Pittsburgh Sanaes Cincinnati Louisville

Pay raise urged for skilled dog catchers

Cleveland May 31. K. H. Ferry of the Animal Protective League argues a dog catcher warrants higher pay due to great diligence and peculiar skill. He asks county commissioners to classify staff with a sliding pay scale, but officials declined. A commissioner quipped about using dogs for practice in the courthouse.

United Press Cleveland K. H. Ferry Animal Protective League

Music for Cannibals

Trinity College of Music in London reports music teaching now reaches every civilized region. Authorities note cannibal tribes in the South Sea Islands have shifted from gastric acts to composing and playing music.

Bay United Press London Trinity College of Music South Sea Islands

Nightingale’s Song Heard Across Continents

A New Zealand radio listener heard a Pangbourne England nightingale broadcast on Sydney station 5SW. The notes came through clearly as the English program was rebroadcast, proving the bird’s song traveled over 10 000 miles.

Bu United Press Wellington New Zealand Pangbourne England Sydney 5SW

Corn Follows Opening Dip of Wheat in Pits

Wheat fell on the Board of Trade with rains in the Canadian belt sending prices down. Corn declined to 1 1/4 cents under, oats fluctuated, and provisions held steady. Weak news from Winnipeg Liverpool and Buenos Aires touched markets as May delivery neared.

United Press Chicago Board of Trade Winnipeg Liverpool Buenos Aires American Northwest

Grain bids at Indianapolis Board of Trade

Bids for cash grain at the Indianapolis Board of Trade show basis 41 1/2 cents New York rate. Wheat values include No. 2 ee at 1.714 and No. 2 hard at 1.426. Corn prices range from No. 3 to No. 4 with several car lots and colors, oats steady from 63 1/2 to 64 1/0, and hay mixed and timothy priced up to 19.50. Multiple cars listed for No. 1 white and yellow corn, with sample yellows and whites referenced in the totals. Continuous car counts noted for various grades.

Indianapolis Board of Trade O. B New York BBC Timothy Sisqisien

Catholic men urged to duty at Little Flower meetings

At two Wednesday meetings at Little Flower Church Rev Daniel Linfert and Rev Cyril Georges led a men s mission week talk on Catholic men s duties attended by about 500. A stove explosion injured Steve Pappas in his mobile refreshment wagon on Station Street. Dr Alva W Taylor will lecture on The Church and Mexico at Third Christian Church Thursday 7 pm after a 6 30 fellowship supper.

Little Flower Catholic Church Daniel Linfert Cyril Georges Steve Pappas Liberty St Station St Alva W. Taylor Board of Temperance and Social Welfare The Disciples of Christ Church Mexico Third Christian Church

Births and Deaths Notice With Multiple Local Names

Births listed include Adams and Martha Krenzer Tacoma Edwin and Edna Kitselman Coleman Hospital, and others with addresses across Coleman. Deaths include Nellie Griffin 32 city hospital hypostatic pneumonia Lex Coats 29 song Hospital accidental Josephine Shields 42 influenza and several with chronic conditions at various city addresses.

Teeeerert Mary Page Newsey Adam Martha Krenzer Tacoma Edwin Edna Kitselman Coleman Hospital Roland Dorothy Shaner Ety Glenna Hartman Coleman Martha Kirkley Schoodge Margaret South Rochester Othello Troos Tanner Shriverene Marie Kimnery Nellie Griffin City Hospital Lex Coats Song Josephine A. Shields Edward E. Gustin Ohio Catherine Mansfield Central Daniel W. Munden Mary Ester Myers Calhoun Webber St. Vincent Hospital St. Paul Gustave A. Dongus Terrace Harlan Cave C. McCray W. Michigan Pershing Nite Allen Menin Taina N. Temple Tore Eaxiewrence King City Mary Moorhead Osage

Blind Man Drinks Benzine by Mistake

Archie Mitchell a 21 year old Negro of 2435 Columbia Avenue drank benzine and turpentine thinking it was liquor. He was taken to city hospital after the incident and has since returned home to recover.

Archie Mitchell Columbia Ave Mitchell City Hospital

Boulder Dam bill seen to pass Senate next session

Washington May 31 The Boulder Dam bill is expected to pass the Senate early in the next session after Hiram Johnson’s final fights. The House has already approved the bill and a conference is possible if needed. A six month saving in construction time was authorized with a summer review board to file its report by October.

Washington Senate Congress Hiram W. Johnson House Board of Engineers Secretary of Interior

Probe vote funds to forward primary expenditure reports

County Clerk George O Hutsell received instructions from Senator Steinar to forward reports of expenditures filed by presidential candidates in the recent primary. Hoover Watson and Woollen accounts are included. Hoover's report totals about 50000 dollars. The filing period for treasurers and campaign managers expired, but candidates may file until June 8.

George O. Hutsell Steinar Oregon Senate James E. Watson Herbert C. Hoover Evans Woollen Hutsell Hoover

Irvington Men's Forum to Meet at Crosier Home

Irvington's Men's Forum affiliated with St. Matthew's Episcopal Church will hold its monthly meeting at 8 p m Friday at Paul E. Crosier's home 421 Poplar Rd. The group recently organized with officers Arthur B. Schultz president Paul E. Crosier and Morris O. Jones vice presidents Robert Plummer secretary and Charles P. Strickland treasurer. It sponsored The Irvington Follies of 1928 at School 57.

Irvington's Men’s Forum St. Matthew's Episcopal Church Paul E. Crosier Poplar Rd Arthur B. Schultz Crosier Morris O. Jones Robert Plummer Charles P. Strickland Irvington

Banks Adopt Half Holiday Saturday Closings Citywide

More than twenty Indianapolis trust companies and state and national banks will close lobby hours at 1 p.m. Saturdays daylight saving time starting next Saturday through Sept 2, while national banks stay closed at noon. The Livestock Exchange Bank also closes at 12 noon Saturdays.

Indianapolis Pletcher Savings and Trust Company Market and Pennsylvania

Memorial Approved for National Negro Memorial in Washington

President Coolidge has approved a memorial building in Washington costing under 500000 to honor the Negro contribution to America. A twelve member national memorial commission will work with the fine arts commission to select a location and draft plans, likely on the Mall near new federal buildings.

Bu Times Washington Coolidge America National Memorial Commission Commission of Fine Arts

Eagle Attacks Man Near Bar Harbor Maine

May 31 report from Bar Harbor says an American sea eagle attacked Raymond Hanscom while he drove a truck. Hanscom killed the bird with an ax after it struck his windshield and slashed his face before he subdued it.

United Press Bar Harbor Maine Bangor Lafayette National Park Raymond Hanscom Hull Cove Here Hanscom

Obregon Plans U S and Europe Visit After Election

Mexico City May 31 United Press reports former President Alvaro Obregon and unopposed presidential candidate will travel to the United States and Europe after the January election. He likely stays in Europe about three months.

United Preas Mexico City Alvaro Obregon United States Europe Ja Y

Rosenthal Deters Robbers at Broadmoor Club Hold-up

Albert M. Rosenthal, president of the Broadmoor Country Club, kept guests safe during a Wednesday night robbery. He calmly argued with the leader, tossed cash into the loot sack, and directed guests to remain calm as shots rang out.

Broadmoor Country Club Albert M. Rosenthal Rosenthal

Gentlemans Holdup Described As Courtesy Theft

A stage holdup unfolded with a blank shot and a calm response from the lead robber. Rosenthal praised the incident as courteous while noting some rough language from one gang member. valuables were taken with minimal injury to those present.

Rosenthal

Ford warned by doctors against running races at age 65

Washington reports Henry Ford, age about 65, was advised by army surgeons to avoid vigorous athletic activity. A Georgetown Medical School professor lists forty as the age to quit competitive sports, urging safer activities like walking, hiking, swimming, golf, and dancing for older adults.

Washington Henry Ford Chester Ford Sam Whitmore

Two Missing After Bus Rollover Near Hammonton

A Philadelphia to Atlantic City passenger bus with twenty eight travelers veered off a road and toppled into a shallow stream. Twenty six remained hospitalized and two were reported missing as divers searched the water for possible drownings.

United Press Hammonton N. J Philadelphia Atlantic City

Jazz at Paris Opera Delights Crowded Audience

Jazz music made a great hit at the Paris opera on Wednesday night. George Gershwin’s Concertina F was performed and the audience cheered loudly. After the first movement thunderous applause followed by standing ovations for Gershwin as Conductor Tiomkin appea red six times to receive the acclaim.

United Press Paris Paris Opera George Gershwin Tiomkin Gershwin

Safety Board Accepts Resignation of Building Clerk

The safety board in special session accepted the resignation of Harry Brennaman, assistant building clerk earning 2100 dollars annually. Commissioner William F. Hurd asked for the resignation, with Mayor L Ert Slack considering several Democrats for the post. Charges of inefficiency set for trial were expected to be withdrawn as Brennaman offered to resign.

Board of Safety Harry Brennaman Brennaman Duvall William F. Hurd L. Ert Slack

Bomb blast hits Obregon campaign HQ in Mexico City

Foes of presidential hopeful Alvaro Obregon were blamed for a bomb explosion at Obregon campaign headquarters in Mexico City. One man was injured as the building owned by Jaime Del Rio, ex husband of actress Dolores Del Rio, sustained the blast.

Mexico City United Presa Alvaro Obregon Obregon Jaime del Rio Dolores del Rio

Also Mentioned on This Page

Motor Shares Advance Merger News Banks and Exchange Atchison Atl Coast Line Balton Canadian Pac Chi Chesa - Alton Chi West del & Hudson Oe & Lacka Erie Ist Lehigh Central Valley Kan “City Y Central N & St Nor Pacific Norfolk & West Southern Ry Southern Pac St ‘Au St Paul Estlé&If Texas & Pac Union Pacific West Maryland Pullman Westingh Westingh Elec Steels Bethlehem 1 Crucible Colorado Gulf States St Inland Steel Sesi ROC Rep Iron US Steel Allo Dodge Bros Gabriel Sablers Ceneral Motors Hudson Bt" Hopp Bie Jordan Mack Pray In- -Parry Moon Paige O Nas P Ackard Eerless Pierce Arrow Studebaker Co Itewarner Timken Ar Willys-Overland Am Smit & Rfg Anaconda Eee Ta Calumet & ‘Aris Cerrole Pasco Chile Copper Green Can Inspiration Op. We cKe Kennecott Magma Con Phillips Oes Royal Duteti Shams Sinclair Oil Skelly Oil Td Oil Ca Texas Corp White Eagle Allis Chalmers Allied Armour Ieee Ms Aes Amer Harvester Lambert Wasllaza Aoe Ews Montgom Wi Coi Ose Radio Corp Rand Wee Sears-Roebuck Ae S Indus Alco Fits Aee Woo At. Co. Raoae One I Uti al Wat Brklyn-Manh T Consol Gas Lee Pow & Li Interboro Ween Ase Nor Am Nat Power Peoples Std Gas & E Utilities Power West Union Tel Geer Corp United Frult Educane Fleischmann Co Aes Q Jewel Tea Jones_Bros Nazi Biscuit Aoe Postum Punta Alegre Iss Ward Baking B Sumatra Tov Ted Cigar St A ‘Schulte Toledo Sendy Anne Dte United Press FY Wayne Ind Tees Down Commission Home Sweet Bot Perl Sielia Bagby Frederick Margaret Petty Coleman Spital Carl Olive Kortepeter Coleman Hostal William Edith Risley Pruitt Parris Mattie Bran Kennington Helen Warner Vermont Harold and Lenoram N. Bell Vieu Frank and Flora Perkins N. Pershing Ellen and Pauline Henser Prospect John A. Klemann Klemann Boulder Canyon Ruth Finney Probe Vote Irvington Organization BANKS Coolidge O. K Eagle Man Bird Motorist U. S Club Bandits Creek OPERA Safety Board Frohman Restaurants Maryland St Meridian St Quality Service Hanning Bros Washington and Pens Gem Kresge Bldg
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