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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Washington
Labor
Railroad Brotherhoods
United States
American Federation of Labor
Brotherhood
Frazier
la Follette
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Johnson
Howell
Pittman
Kendrick
King
Ernest Bamberger
Edwards
Finis Garrett
Tennessee
Black
Texas
Blanton
Connally
Mayfield
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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United Press
London
Surat
Daily Express
Bombay
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