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This newspaper page contains 39 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Oct 01, 1928

Page

3

Stocks Soar At Open As Motors Lead Rebound

New York stock prices opened sharply higher with General Motors advancing to 217 7/8 after a brief dip. United States Steel climbed to 160 1/2, Coty reached a fresh high at 261 1/2, and Chrysler joined the motor shares rally as rail issues improved amid strong demand and profit-taking expectations tied to quarter-end cash flows.

New York General Motors United States Steel Coty See A. M Byers Montgomery Ward Union Carbide Davison Chemical Chrysler Chicago Rock Island and Pacific Union Pacific Atchison

City Bank Clearings And Balances Reported

Indianapolis totals show clearings at 4.79 million with debits 7.55 million. Chicago reports bank clearings of 300 thousand and balances around 28.9 million. New York records clearings of 1.06 billion, clearing house balance 146 million and Federal Reserve credit balance 130 million.

Chicago United Press New York Clearing House Federal Reserve Bank

Treasury Statement Summary of Sept 28 Receipts and Balance

The U.S. Treasury reports a net balance of 221 million 191 thousand 907 dollars and ten cents on Sept 28. Customs receipts through Sept 28 totaled 49 million 834 thousand 771 dollars and thirteen cents.

Treasury United Press Washington The_ treasur

Market Outlook Warns Of Liquidity Crunch This Year

A Washington dispatch reports money will stay high the rest of the year, the Federal Reserve not easing, and stock markets headed for liquidation. The note says the opposition of the reserve bank was inevitable and investors should limit commitments for the next six to seven weeks to avoid discomfort.

Thomson & McKinnon New York Washington News Bureau Federal Reserve Reserve Bank

Opening sugar futures open lower on October 5

Sugar futures in New York opened lower with December at 2.05, January at 2.09, March 2.13, May 2.20, July 2.28, and September 2.35 as declines are noted across contracts.

United Press New York

Stations to Win Plea

Four Pennsylvania radio stations likely to have licenses renewed by the Federal Radio Commission after suspension for thirty days. WRAK Erie WABF Kingston WBRE Wilkes Barre WMBS Lamoyne faced charges of broadcasting personal controversy and abusing radio privileges.

United Press Washington Pennsylvania Federal Radio Commission Robinson WRAK Erie WABF Kingston WBRE Wilkesbarre WMBS Lamoyne

Two Admit Car Theft In Michigan Arrests

Indianapolis police reported that Thomas O'Connell and Francis Maloney were arrested in Sibley Michigan after admitting to stealing a Chevrolet sedan here. The car owned by Ray Worland was taken from a Cumberland barbecue Saturday night.

Indianapolis Sibley Mich Thomas O’connell Hendricks Pl Francis Maloney DelLis St Ray Worland English Ave Cumberland Ind

Gypsy Swindle. Savings Lost to Readings in Brooklyn

Samuel Burg lost 180 dollars after trusting a gypsy fortune teller who claimed to double funds. Burg slept as instructed and found only waste paper at dawn. He helped police arrest Anna George, 55, at a nearby gypsy camp.

United Press Brooklyn N. Y Samuel Burg Burg Anna George

Railroads Rise in New York Stocks Rally

New York stocks strengthen as railroad shares lead gains in trading session. Investors focus on transportation sector performance with several major line movers posting solid advances amid market optimism.

Coolidge to address Episcopal convention in Washington

President Coolidge will speak at a session of the forty ninth triennial Episcopal Church convention opening in Washington on October 10. The announcement was made by Bishop James E. Freeman of the Washington diocese.

United Press Washington Coolidge Episcopal Church James E. Freeman

Wheat futures slide on weak Liverpool cables

Wheat futures on the Chicago Board of Trade fell today under weak Liverpool cables. Bearish crop reports pulled corn and oats lower, with provisions also easing. Market sentiment stayed mixed as a large visible supply rise and upcoming private estimates loom.

United Press Chicago Board of Trade Liverpool

Markets Report Shows Varied Prices for Butter Cheese Eggs and Poultry

Wholesale butter prices range from 51c to 50c, with buying at 49 to 50c. Cheese prices list several loaf types from 22c to 36c. Eggs bought fresh in Indianapolis with 32 to 33c loss. Poultry buying prices include hens 24–25c and leghorn hens 16–18c, ducks 12–13c, geese 10c, and turkeys 20c. Chicago receipts note fowls 18–31c, leghorns 22–24c, springs 20–28c, ducks 18–23c, geese 23c, roosters 21c. Cheese Twins 24 24c, young Americas 25c. Potatoes on track and in transit with Wisconsin Round Whites at 90c–$1, and assorted varieties around $0.85–$1.05.

Wisconsin New York Indianapolis United Press Chicago Young Americas Nebraska Bliss Idaho

Births Reported For New Families In City

Birth notices list girls for John and Francis Lebane at 765 N Haugh Norval and Harry Miller at 3820 Spann Wesley and Gladys Bailey at 419 G Hard ing, boys for Heim and Beulah Flaherty at 630 N Ett William and Lillian Burkhart at 34 Sherman Dr Willard and Katherine Dixon at 1238 N Holmes.

John and Francis Lebane N. Haugh Norval Harry Miller Spann Wesley Gladys Bailey G. Harding

Deaths listed in local obituaries with ages and causes

A compiled death list includes Anita Allison Bliton age 2 at Riley Hospital from lobar pneumonia. Wesley Wilson 66 at Central Indiana Hospital from pericarditis. Charles Lewis 61 at Long Hospital from intestinal obstruction. infant Leonard age 1 day at St Vincent's Hospital from cerebral hemorrhage. Flora B Tagesart 77 of 37 Trowbridge from chronic myocarditis. John Shellenberger 86 of 2254 Park from cardiac renal disease. Mary White 42 of 1802 Buckle from cerebral hemorrhage. Betty Lou Freyman 1 month of 91 N Eighth from marasinis. Bessie Gilbert 45 of 836 Paca from chronic myocarditis. Charles Bakerman 59 of 120 N Grant from angina Raptors. David W McClure 70 of 5022 Orion from lebronic interstitial nephritis. Margaret Jane Stambrouk 63 of 734 Grove from acute cardiac dilatation. Lena P Dongus 52 at Methodist Hospital from pulmonary embolus. James Calgin Lee 77 of 3519 Balsam from coronary thrombosis.

Anita Allison Bliton Riley Hospital Wesley Wilson Central Indiana Hospital Charles Lewis Long Hospital Infant Leonard St. Vincent's Hospital Flora B. Tagesart Trowbridge John Shellenberger Park Mary Wiihite Buckle Betty Lou Freyman Bessie Gilbert Charles Bakerman N. Grant David W. McClure Orion Margaret Jane Stambrouk Grove Lena P. Dongus Methodist Hospital James Calgin Lee

Building Permit Granted for Low Rice Addition at Carroll

Mrs. Allen Wood files for a building permit at 742 Carroll with furnace work at 2502 North Alabama. The project costs 256 dollars.

Ion Low Rice Addition Carrolla Allen Wood Furnace Alabama

Montgomery Ward September sales set year peak in 1928

Montgomery Ward and Company reported September sales of 20,809,909 dollars, up 27 percent from August and the highest monthly gain of the year despite one fewer working day. First eight months sales totaled 148,362,025 dollars, up 10.3 percent from 1927.

Montgomery Ward United Press Chicag Montgomery Ward and Company

Prices to retailers for fruits and vegetables in Chicago market

A scattered price list shows wholesale figures for apples at 4.50 to 5.50 per barrel pears 1.50 to 2 per bushel and assorted produce with varied crate and dozen prices from Indiana Michigan California and Tennessee. The day’s exchange also notes cider and related quantities.

Jonathan Indiana California Michigan Albertas Washington Florida Utah Ohio Carolina United Press Chicago

Cotton Market Reacts to Bullish Reports in New York

In New York markets October 1 traders expect bullish private reports for the week. Profit taking is expected on long positions while futures rise across several contracts. December up 16 to 9.35, January 19.15, March 18, May 18.85, July 18.73.

Thomson & McKinnon New York United Press Nore Sotepet

Wheat prices at Wagon City elevators

Local grain elevators in Wagon City are paying $1.37 per bushel for No 2 red wheat and $1.05 per bushel for No 2 hard wheat as the market shows firm values.

Sears Roebuck Posts Record September Sales

Chicago October 1 Sears Roebuck & Co announced September sales of 30,004,372 dollars, up 21.9 percent from September 1927 and a new high. First eight months of the year show a 16.1 percent rise over 1927.

United Press Chicago Sears, Rooebuck & Co

Hoover trims campaign tour plan with five more speeches

Herbert Hoover has pruned his aggressive speaking tour plans and tentatively set five additional addresses before Election Day. The schedule includes Oct 6 Elizabethtown Tennessee Oct 13 New York City Oct 25 Boston Nov 3 a Midwestern city possibly Minneapolis St Paul Kansas City or Omaha and Nov 5 Palo Alto California for a national broadcast.

Paul R. Mallon United Press Washington Herbert Hoover Elizabethtown Tenn New York City Boston Midwest Minneapolis St. Paul Kansas City Omaha Palo Alto California New York Hoover Iowa Farm

Price of hogs gains 25 cents in city yards

Hog prices at the city stockyards rise about 25 cents from last week. Bulk 180 pounds and up brought 11.25 with tops at 11.40, receipts about normal around 5,000 and holdovers 455. Beef cattle and sheep also show varied movement across multiple weight classes.

Chicago

Chicago livestock market reports receipts and prices for hogs cattle and sheep

Chicago market round up shows hog receipts around 8 900 to 28 000 cattle and calves traded mixed with standstill to lower demand. Hogs steady to higher with loads around 230 pounds and top markets near 11 25. Cattle calves and sheep varied with prime steers and heifers reaching mid 13s to mid 18s while cows cutters and vealers posted broader ranges. Louisville Cincinnati and other areas record similar firm to lower bids.

United Press Chicago Louisville Cincinnati Aber

Dunlop Rubber Cuts Prices Across Range

London reports Dunlop Rubber Company cutting prices by 1.18 to 2.16 dollars in a statewide or global market move announced today.

United Press London Dunlop Rubber Company

City in Brief Tuesday events and notices

Indiana groups convene and dine across Claypool Lincoln Columbia Club Spink Arms English Hotel and more. Campaign plans outlined by Indiana state candidates at the English at 7 pm. John Zahnd seeks US Senate, executives plan and speak at various Luncheon events. Despondent Orpha Bonwell, 25, attempted suicide in Grand Hotel. Leon Morgan missing, 9. Sandwhich shop gunfire grazes owner. Armistice Day parade chair named. Recreation and park officials attend national meetings. Moskovics to address Advertising Club in St Louis and Columbus Ohio. Rotary election and revue set. no luncheon this week.

Indiana Ice Dealers’ Associaton Claypool Indiana Associated Press Indiana Council On International Relations Lincoln University of Michigan Purchasing Agents’ Association Severin American Chemical Society Chamber of Commerce Can Club Columbia Ub Phi Gamma Delta Gore Club Spink Arms Fercator Club Ents Kappa Epsilon Orpha Bonwell Frankfort Grand Hotel City Hospital F. E. Moskovics Stutz Motor Car Company Advertising Club of St. Louis Moskovics Advertising Club Columbus Ohio

Traction Firm Seeks Brightwood Bus Route Change

Indianapolis street railway lawyers urged the Public Service Commission to abandon a Brightwood line extension and move traffic to the cross town route. One protest letter was filed. Commissioner Howell Ellis will rule Friday and present to the full commission.

Indianapolis Street Railway Company Howell Ellis Public Service Commission Brightwood Peoples Motor Coach Company Street Railway Cross Town Ellis

Bandits Kidnap Girls In Indiana Abduction Case

Authorities search for two men linked to an Indiana kidnapping in New Albany. After a gun battle with Louisville police, the two girls were reportedly thrown from a car in Louisville. Suspect Earl Wolering, 37, of Cincinnati is in custody. The bandits are tied to robberies across southern Indiana. A vehicle was abandoned in Louisville.

United Press New Albany Louisville Earl Wolering Cincinnati Ohio Indiana Henryville Danville Jeffersonville Ind

Open Night Schools Enrollment at Local High and Elementary Buildings

Enrollment of more than 2 000 persons is anticipated at night school openings in three high schools and seven elementary buildings at 7 30 p m tonight. Arsenal Technical Manual Training and Crispus Attucks high schools plus grade schools 8 23 24 26 42 52 and 63 host classes Monday Wednesday Friday from 7 30 to 9 p m. Classes are free to adults not in day schools with a small deposit demanded as good faith.

Arsenal Technical Manual Training Crispus

Labor backs ten senators asking return

Labor the weekly organ of railroad brotherhoods endorses a large majority of incumbents and several Representatives for re election based on labor records. It backs Frazier La Follette McKellar Wheeler Dill Shipstead Johnson Howell Pittman Kendrick Connally and others while opposing several Texas congressmen and labeling John Philip Hill as 100 per cent reactionary.

Washington Labor Railroad Brotherhoods United States American Federation of Labor Brotherhood Frazier la Follette McKellar Wheeler, Dill and Shipstead Johnson Howell Pittman Kendrick King Ernest Bamberger Edwards Finis Garrett Tennessee Black Texas Blanton Connally Mayfield John Philip Hill Baltimore O. E. Weller

Yeggs Crack Grocery Safe In Weekend Burglary

Yeggs blew the safe at Harry Hume grocery 223 E Sixteenth St and fled with 250. Burglars and thieves also took more than 1500 in other robberies over the weekend. The same burglar is suspected in four neighbor hood home robberies on 5800 block Washington Blvd. Fur coats jewelry and other clothing worth over 1000 were stolen from W C Curry 5861 Washington Blvd. A watch was taken from J J Beckerich 5250 Park Ave. A 12 watch was stolen from D G Phillips 5338 Broadway. Five coats worth unestimated were stolen from the Union Store 118 N Pennsylvania St. Other thefts include Sagi Smyrnis 2227 N Pennsylvania St clothing 100 from home Dr E M Haggard 2916 Washington Blvd food from ice box Allene Hargrave 922 Maple J clothing 50 from home Mrs Bertha De Vore 121 W Vermont St clothing 100 watch 50 from home Roland Todd 539 E Eleventh St garage 1795 S P Seybert 516 Eugene St truck motor from garage. Fountain pens 100 and 50 in cigarets stolen from Louis Morlan drug store 1227 N Illinois St Morlan reports to police.

Washington Blvd W. C Curry J. J. Beckerich Park Ave D. G. Phillips Broadway Union Store Pennsylvania St Sagi Smyrnis Dr. E. M. Haggard Allene Hargrave Maple &J Bertha de Vore Vermont St Roland Todd E. Eleventh St S. P. Seybert Eugene St Louis Morlan Illinois St Morlan

Two youths arrested on robbery charges

Police detained two youths in separate robbery attempts. Gene Parks reported a 17 year old threatened him with a brick after a dime request. a purse was seized from Nellie Willoughby in the 100 block Kentucky Ave. John Watts was captured at Willard and South Streets after a passerby auto was commandeered.

Gene Parks Martindale Ave Walter Stengell Walnut St Steagell Parks John Watts Chadwick St Nellie Willoughby S. Senate Ave Kentucky Ave le Roy Bartlett James Graham Willard and South Sts

German Shares Not Heading to U S Market Says Siemens

Berlin October 1 denial from Siemens Halleske that Rhinish Westfalian electricity project shares will not be listed on the Wall Street market. Rumor had claimed first German quota would appear Tuesday but Siemens management disputed it.

U. S United Press Berlin Wall Street Stock Exchange Siemens Halsike New York

Local Pin News from Indianapolis Bowling Association Meeting

At the Indianapolis Bowling Association meeting on Sunday officers for the year were elected: President Fred Schleimer First Vice President Ed Richert Second Vice President Thomas Hayden and Secretary Treasurer Eddie Hofstatler. The executive committee includes Bernard Johnson Walter English Clarence Myers Ben Cuatsi Eddie Striebeck. Secretary Hofstat will be the delegate to State Bowling Association meetings. The open dtw. Wil Bester determined the site of the 7 All alley owners must field boosters for the meet or draw. event set for Sunday Oct 14 with the winner hosting the late November shoot.

Indianapolis Bowling Association Run Hotel Fred Schleimer Ed Richert Thomas Hayden Eddie Hofstatler Bernard Johnson Walter English Clarence Myers Ben Cuatsi Eddie Striebeck Hofstat Wil Bester Uring Fearantes

Protest Delays Oklahoma City Tulsa Playoff Game

Oklahoma City remained in the Western League playoff series as a protest by Tulsa Indians over a 7 to 6 Oilers win led to the first game's replay. The double bill saw Tulsa win 8 to 7 in the second game, giving Tulsa a three to one series lead.

Ad Freight Conley Spicker United Press Oklahoma City Okla Tulsa Oilers Indians

Argentine captain to stay in lineup for Wednesday polo match

Jack Nelson, captain of the Argentine quartet that lost to America's Big Four in Saturday's international polo match, will stand in again for the second game on Wednesday. No lineup changes expected for the Americans after W Averill Harriman impressed at No 1 in the opening game.

United Press New York Jack Nelson America W. Averill Harriman

Fields Favored In Ten Round Bout

In San Francisco on October 1 Jackie Fields of Los Angeles is a 10 to 7 favorite over Jack Thompson a Negro who recently knocked out Joe Dundee welterweight champion for their ten round bout here tonight.

United Press San Francisco Jackie Fields Los Angeles Jack Thompson Joe Dundee

Yale Almost Ready For Maine Clash Says Stevens

Yale coach Mal Stevens prepared the squad for Saturday’s game against Maine. Johnny Garvey starred after Caldwell’s suspension, scoring four touchdowns in the scrimmage against the Yale scrubs on Saturday.

United Preas

Pensions Filed by Over Sixteen Thousand Teachers Since 1920

At a quarterly meeting of the Indiana Federation of Public School Teachers held at the Claypool Hotel officials reported that more than 16 000 teachers have filed for state pensions since the 1920 law.

Indiana Federation of Public School Teachers Claypool Hotel

Riots in Surat Kill Three as Hundreds Hurt

Hindu Muslim clashes in Surat left two rioters and one policeman dead and more than 200 hurt, according to the Daily Express Bombay correspondent.

United Press London Surat Daily Express Bombay

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