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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Oct 01, 1929

Page

7

Selling Order Flood Breaks Stock Market

Stocks broke precipitately today as selling orders from across the country pushed pivotal shares to new lows. Major declines hit United States Steel, International Combustion, Consolidated Gas, and other leaders, with margins wiped and bear raids spreading through the market.

United Prep New York International Telene International Combustion A. . Byers United States Steel Anaconda Unitedorporation Consolidated Gas, Simmons Company New York Central

Bank clearings and Treasury receipts across major cities

Indianapolis bank clearings are listed at 04,436 and balances at 5,628,000. Chicago bank clearings total 164,400,000 with 13,000,000 balances. New York bank clearings reach 2,741,000,000 with a 225,000,009 balance. Treasury statement shows September 28 receipts of 50,055,953.23 with end of month customs at 358,745.39.

Indianapolis Agianapolis Bank Chicago United Press New York Bdalance Frecrl Reserve Bank Credit Jance Treasury Dacas Teraice

Wall Street Sees Little Public Liquidation in Drop

Financial writers in New York on October 1 view the market decline as not yet showing significant public liquidation. Brokers loans due this week, including a likely rise in one, may test this theory. The reserve board may publish a lower weekly statement, while big, unexpected changes last week fueled the decline.

Br Thorson & McKinnon New York Reserve Board

Market Prices for Fruits and Vegetables in New York Area

The listing shows varied prices per unit for apples, grapes, lemons, limes, oranges, peaches, plums and more. It includes crates, boxes, and bushel measures with entries for California, Idaho, Wisconsin, and Virginia origins and notes United Press as the source.

Jonathans Grimes Golden New York Duchess Gravestein Wolf River California New York Idaho Iesbere Indiana Colorado Wisconsin Sweet Virginia Tome

Two Young Accident Victims Show Signs Of Improvement

Two boys seriously injured in separate Monday crashes are reported to be recovering at city hospital. Charles Jones age 7 and Robert Gilbert age 5 suffered fractured skulls in crashes on West Washington street and East St. Clair street. In a third incident, James Blake and Mrs. George Henry were hurt when a car hit their auto head on, allegedly driven by Orville King of Kirklin Indiana. King fled and is being sought, while Walter Everman of Kirklin was arrested for drunkenness.

City Hospital Charles Jones South Fleming Street William Spaulding Denison Street West Washington Street Robert Gilbert East St. Clair Street James Blake Deloss Street George Henry John Crawford Mentone Street Orville King Kirklin Ind Walter Everman King

City in Brief highlights multiple Indianapolis events and notices

Wednesday calendar features state social work conference at Claypool and numerous luncheons at clubs including Kiwanis Columbian Lincoln and Chamber of Commerce. Local incidents include a concealed weapon arrest and a wrist fracture case. Community notices cover church dinners, elective meetings, and the Fidelity and Casualty residency appointment.

Claypool Kiwanis Club Junior Chamber of Commerce Chamber of Commerce Lion's Club Lincoln American Red Cross Columbia Club Purdue Alumni Association Severin Illini Club Board of Trade

Hog Prices Slip at City Stockyards Amid Mixed Demand

Hogs mostly down 25 to 30 cents with bulk 150 to 280 pounds at 9.25 to 10.35. 160 to 200 pound hogs off about 30 cents. Receipts around 7,000 with 814 holdovers. Cattle dull. wealers weak. Sheep and lambs steady. best lambs 11 to 12.50. Chicago hogs steady. bids 10.25 to 10.35 on 130 to 210 pounds. Indianapolis markets show varied hog and cattle prices across weight classes and goods such as veals and heavy calves.

Chicago Indianapolis United Press

Livestock Market Summary Across Cities Oct 1

Hogs receipts 24 000 with prices 15c to 25c lower. top $10.45. cattle receipts 10 000 with weak to 25c lower. slaughter steers 950-1300 lbs $12.50-16.25. calves and sheep show varied drops and steady trades. Prices listed for Louisville East Buffalo Fort Wayne markets reflect regional shifts and demand.

Britain and Russia Near Diplomatic Ambassador Exchange

The Daily Express reports progress in talks between Arthur Henderson and Valerian Dovgalevsky on resuming relations with Britain and the Soviet Union. An exchange of ambassadors to Paris and London may be announced soon.

United Press London The Daily Express Arthur Henderson Valerian Dovgalevsky Paris Great Britain Russia

Westville pair injured when car overturns near Crawfordsville

Esther Sandling and Oscar Rice of Westville Illinois were injured when the car driven by Rice overturned on state Road 32 east of Crawfordsville Indiana. The accident occurred as the vehicle left the roadway and rolled over. Emergency crews transported both occupants to a local hospital for treatment.

Crawfordsville Ind Esther Sandling Oscar Rice Westville Ill Here

Market totals and dividends across several firms in 1929

The week ended Sept 28 saw the fifty most active stocks on the Je ana Stock Exchange total market value near 3.79 billion dollars, down from the prior week. Sage & Co. notes declines with multiple firms reporting earnings and dividends, including SorneEs tion’s preferred stock dividend of 1.714 cents payable Oct 1. Sparta Foundry reports eight month earnings of 320,693 dollars, or 6.42 per share on 50,009 shares, with annualized 9.62 per share. Other items include Standard Investing Corp six month net income of 644,947, Idaho mining dividends totaling 4,359,000 in 1928 and labor costs of 10,241,738, and Detroit factory sales up over 100 percent for eight months 1929.

Atchison Atl Coast Lin Pac Bast & Ohio Chesa Ohio Chesa Co Chi & N West Fee Ee West Erie Ater Reretee Erie Ist Grt_ Nor nek Il Iit Ulf Mob & Otl Central Leh Valley A Be S . Lou & Ash Wee Ont Pac Ae Ened NY Central My NYC& Ee O Nor Pacific Orisi É& West O& W Pennsyly T Paul St Pauld le BP Maryland West Pacific Goodrich Spafido Maegasiass United Stat Am Car & Fdy Am Steel Westingh Air Bethlehem Colorado Gulf States Ltr Sans Steel Wee Seers Rep Tron & Stl Southern Pac Ludlum US Steel Aveoe Sf Vanadium Corp. Werren Foly WW Motors Am Bosch Briggs +ee spaces Chrysler Hudson A Eeee Hupp Hayes Bod Corp Pee Ewerene Auburn Marmon See Peerless Studebaker Co Tew Warner Suva Timken Bear Willys-Ovasiende Ilo Minin Am Smell Calumett& Ariz Cerro de Ere Calumett & Hecla Ie Aisa Dome Granby Corp Greene Miami Copper Texas Lago Oil & Re Pan-Am Pet Phillips Union of Cal Royal Dutch Shell Richfield Simms Sinclair Oil Skelly Oil N. J Tidewater Texas Corp Texas C & O Transconto Wu Adv Rumsey Allis Chalmers Crosley Union Carbide Warner Bros Worthington P US Indus Alco Eo Co Powers Brkiyon Manh T Elec Pow & Lt Nor Am Int T & Sees Pac Light Pub Je Ana Sage & Co New York Mhicago Sparta Foundry Company Nee Standard Investing Corporation Detroit Silent Automatic Corporation Walter F. Tant

Markets in Brief from Chicago New York and Cleveland

Market notes list wholesale butterfat and cheese prices with items like American loaf 35c and pimento loaf 37c, plus eggs and poultry prices in Indianapolis. Regional quotes from Chicago New York and Cleveland cover butter, cheese, potatoes, and live poultry, with varied grades and regional deltas for October 1.

Wisconsin New York Indianapolis

Building Permits Transcribed From The City Ledger

Building permits listed for multiple properties including 465 North Belmont Perry 1437 South Meridian 32 North Rural and 1613 Southeastern. Jobs include reroof garage porch warehouse and dwelling plus additions with values from 260 to 8 500. Names include J Doyle C Holtman E Fitzwater L A Jackson J Sothman and organizations such as Railsead Men s Building and Savings Association.

North Belmont Perry South Meridian J. Doyle Rural King Southeastern C. Holtman Marlow Railsead Men's Building and Savings Association West Twenty- J Sothman

Marriage Licenses Listed In County Clerks Office

Marriage licenses issued include Harry Murdock 23 Lafayette student and Eleanor Durbin 20 East Washington student. Garris Molden 25 College salesman and Verdella Vandeender 27 Fairfield teacher. Francis Polen 59 Comer secretary and Bertha Tarbell 40 East Minnesota. Thomas Morris 32 North Diaware life insurer and Josephine Nichols 24 University 40 North Capl- Gayneil B. IT 28 King ma Sees 2 Rays.

Harry Murdock Lafayette Eleanor Durbin East Washington Garris V. Molden College Verdella K. Vandeender Fairfield Francis FE. Polen Comer Bertha Tarbell Minnesota Thomas A. Morris North Diaware II Insurance Josephine A. Nichols University North Capl- Gayneil B King, Ma

Wheat Prices Slump Cork Yield Falls

Wheat prices slipped at the Board of Trade open as Liverpool advances outweighed, while the Agriculture Department forecast a 6 percent drop below the ten year average. Corn and oats held steady to slightly changed as market sentiment remained two sided and cash demand stayed firm.

William P. M’kenna United Press Chicago Board of Trade Liverpool Department of Agriculture Europe United States

Cotton futures rise on bad weather and storm threat

New York futures on the Cotton Exchange opened with strength as buyers sent prices up more than a dollar per bale. Weather disruptions from a tropical storm threatening the cotton belt caused heavy rains and likely damage to open bolls, while trade demand grew, especially from Georgia mills. Hedge selling from central and southwestern areas tempered the advance but was absorbed.

United Press NEW York New York Cotton Exchange Cotton Georgia Mills

Air Weather Report at 9 30 A.M.

In the air at 9 30 a m northeast wind twenty mph temperature 53 barometric pressure 30 20 at sea level ceiling unlimited visibility three miles smoky field good

Post Office Chief Ray D Brown Attends New York Dedication

United Postal Service president Ray D Brown visited New York for the dedication of a new postal building after a rapid journey from here by Transcontinental Air Transport to Columbus Ohio and then by train with his three children and Miss Barbara Vandenberg of Grand Rapids.

Ray D. Brown United Post Office Corporation New York Columbus Barbara Vandenberg Grand Rapids

Arrivals and Departures at Hoosier and Mars Hill Fields

A list of pilots and aircraft movements includes Hoosier Airport Lincoln training biplane to Kokomo Harold C Brooks Travel Air monoplane to Louisville with five Legionnaires Elvin Tarkington Travel Air biplane to French Lick and back Capitol Airport Robert Guerrant Curtiss Robin to Des Moines Curtiss Mars Hill William Brewster Curtiss Flying Service Robin with C D Bechdell and Dr A C Badders Portland to Louisville Charles E Cox Jr Curtiss assistant general manager Robin to Marion and return M MacMillan Robin St Louis to Cleveland.

Hoosier Portland Louisville Charles E. Cox Jr Curtiss Robin Marion M. MacMillan St. Louis Cleveland

Flight Described by Service Club on Endurance Plane

Major H. L. R. Muller and Lieutenant Walter R. Peck described the Indianapolis Flamingo endurance flight before the Service Club. Guests included Lieutenant Lawrence Genaro, the other pilot, Harold C. Brooks of Hoosier airport who detailed refueling crew activities, and Lieutenant Earl Halstead, noted as Indianapolis flying cop.

Indianapolis

Boy Kicked by Cow Dies From Lockjaw Complications

In Bluffton Indiana Richard Randall age eight died after developing lockjaw following injuries from a cow kick. The incident occurred earlier when the boy was kicked by the animal.

United Pren Bluffton Ind Richard Randall

Caldwell at Center Princeton Scrimmage Report

Caldwell moved to center at Princeton as Coach Roper tries Yeckley Blackistone and Mestres at the pivot. Chuck Howe, last year’s star center, is out due to injury. The varsity notched three touchdowns in a twenty minute scrimmage period.

United Press Princeton N. J Caldwell Princeton Roper Yeckley Blackistone Mestres Chuck Howe

Attendance report shows Evansville tops Three-I League

Springfield dispatch notes Evansville led the Three-I League with 58 942 attendees for the year, followed by Decatur 50 376 and Quincy 50 516 after an overall league total of 322 999 a drop from last year. Coach Lou Little drills Georgetown

Sterial Springfield Ill Evansville Decatur Quincy

Glick Edges Stetson In Ten Round Brooklyn Boxer Wins

Joe Glick of Brooklyn earned a ten round decision over Frankie Stetson of San Francisco on Monday night. Spectators booed the verdict after Stetson's sixth round knockdown was ruled a three count.

United Press San Francisco Joe Glick Brooklyn Frankie Stetson Stetson

Varsity Dummies Batter Eleven Ready for Union Game

Coach Crowley’s Colum bia varsity scrimmaged Monday in New York as they prepared for the Union College game Saturday. The dummy eleven absorbed heavy battering in the drill.

United Press NEW York Crowley Columbia Union College

Sooner Scorers Return Boosts Backfield Prospects

Sooner players Crider Mills Flint and Lewis were favored in the backfield as cooler weather and the return of three injured players energized the squad during the snap drill practice session in Norman Oklahoma.

Norman Okla Sooner Crider Mills Flint Lewis

Redman Beats Lohman In Elkhart Ten Round Bout

Battling Redman of South Bend knocked down Joe Lohman of Toledo in the fifth round and won a ten round decision at Elkhart.

Elkhart Ind Redman South Bend Joe Lohman Toledo

Henry Refocuses on Line After Backfield Shuffle

Columbia Missouri October 1 The backfield looks strong for the varsity but coach Henry shifts focus to an underdeveloped line as the opening game nears in about two weeks at the university.

Burnited Columbia E Hnry

Did You Know That Baseball Q and A Highlights

Notable lines recall CTORIO CAMPOLO claiming a world bulldogging time and debate over a bum steer. Lefty O'Doul comments on hitting left-handers for McGraw versus Burt Shotton as Pipgras backs the Cubs to win the series. Babe Ruth jokes with Harry Frazee about a raise and a three year $10000 season contract.

Ctorio Campolo Lefty O’doul McGraw Burt Shotton Pipgras Cubs A’s Ben Paschal Athletics Babe Ruth Harry Frazee Red Sox Frazee Harry

Death suit set over Sahara Grotto crossing crash

Trial date for the first damage suit linked to the Sahara Grotto crossing crash of October 14 1927 when twenty people died has been set for next week in superior court. Alma L. Wolford administratrix seeks 10000 damages against Arthur W. Brady receiver for Union Traction Company, who faces twelve other suits by victims’ relatives.

Sahara Grotto Crossing Alma L. Wolford Harold O. Wolford Arthur W. Brady Union Traction Company Brady

Paving Hearing Set for Denny Street Dispute

Arguments on remonstrances of fourteen property owners against paving Denny street between Twenty-sixth and Twenty-eighth streets will be heard Friday by Circuit Judge Harry O. Chamberlain. Led by Timothy B. Laughlin, residents argue the project is unnecessary and the cost excessive.

Denny Street Twenty-sixth Twenty-eighth Harry O. Chamberlin Timothy B. Laughlin

Grain Co op Could Bring Prosperity to Wheat Belt

B. W. Snow in Farm Journal argues the Farmers' National Grain Corpora tion will boost prosperity for the Midwest wheat belt if it can start this year. He notes favorable market timing, with a current surplus and world shortage, allowing the co operative to influence prices and export terms as it handles new arrivals.

Pa Times Philadelphia Farmers’ National Grain Corporation Federal Farm Board Middle West B. W. Snow Farm Journal National Agricultural Monthly Mr. Snow Grain Corporation United States

Embezzler Herrmann Sentenced for Estate Theft

F. T. Herrmann of 620 North New Jersey street was given a two to fourteen year term by Criminal Judge James A. Collins for embezzling 3500 dollars from estate administrator duties for Fred R. Scanion of Miami Florida. He awaits transport to Indiana state prison.

F. T. Herrmann New Jersey Street Indiana State Prison James A. Collins Herrmann Fred R. Scanion Miami Fla

Births for Roane Pond Jeannetta Pond and others

Birth notices list multiple families with newborn boys and girls. Residences include 2185 North Uval, 115 Homer and Beulah Hurley, 1316 He Goes Me and Mena Glansman, and 912 Bates. Hospitals referenced include Methodist and Christian.

North View Pete and Maud Hubble Christian Hospital A Iaiere Helen Hayden Bouthapital Layton Alma Young Orange Floyd Ora Stine Spannegeuree Violet Johnson Alexander Nona Boyd Morth Gladstone Louis Lela Harris van Mi Eula Vaughn James and Katherine Stockton Methods Ist Hospital Acorme and Helen Moore Methodist Hosepital

Obscure 19th Century Patient List With Diagnoses

A fragmented OCR list shows multiple patients with ages and illnesses such as intestinal tuberculosis broncho pneumonia septicemia tetanus chronic myocarditis and gastric ulcers. Entries include names ages and addresses or hospital affiliations from various locations and institutions.

Robert Canady West Twelfth Martin Woods Nesbitt Douglas Roncho Amelia Werling Leonard Joan Teeparden Methodist Hospital Albert J. Hexert West Washington Raby May Mitchell Yandes Meute Payne H. Christian P. Fowle North Gale Ademo Fibrona Mary Murray Northwestern Jinie Thompson

Contagion Absent in Anderson Health Report

Anderson reports no contagious disease cases in a week as city health board records nothing. Dr. E M Conrad secretary notes the record remains clear amid ongoing health monitoring.

Pat Times Reed Anderson Ind City Health Board E. M. Conrad

Also Mentioned on This Page

Auburn Auto Johns Manville Montgomery Ward International Combustion Consolidated As Public Service of New Jersey Altimore & Ohio Commission House Nationality Bank Standard Statistics Company Banks and Exchange James T.hamill & Company Chicago Stock Exchange Chicago Board of Trade Indianapolis Board of Trade Curb Lamson Bros. & CO Otis & CO Continental Bank Riley Thomson & McKinnon United Site West Ae Tel Intl Corp Atl Gul Am Shi &Wi & Com United Fruit Oods— Am Kroger Seeeer Sumatra Am Tobb Kk É& Meyers RJ Reynolds United Cigar St Schulte Bu United Press Ladies’ Aid Society of the Second Reformed Church Merrill Alabama Streets Church East Merrill Street Southern Indiana Telephone and Telegraph Company Seymour Public Service Commission Interdenominational Training School of Religious Education Central Christian Church Marion County Religious Education and Ministerial Associations Marion County Good Government Club Travertine Delbert O. Wilmeth North Sherman Drive Howard Meyers Irvington Republican Club East Washington Street William H. Settle Indiana Farm Bureau Vinson H. Manifold Marion County Washington Street M. E Mae Boys Brown George Porter James Whitcomb Riley Riley Room Barton Pogue Upland School of Expression Taylor University Pogue Federal Reserve System L. A. Wiles Fletcher Savings and Trust Company Universal Club Helen Lawson New York Street Ira S. Bassett Cable Tabernacle Bassett Parley Zartman Winona Lake Tim Stone North Capitol Avenue Jess Booth Lawrence Elmer L. Stephenson Fidelity and Casualty Company of Merchants Bank Stephenson M. L. Johnsam Agai All Times Arenas Buffalo N. Y Ft? Wayne Britain Chain Store Products Corporation Are Supply Manufacturing Company, Inc Gardner-Denver Company Ravenel Macbeth Idaho Mining Association George B. Crabbs Cincinnati Railroad Terminal Development Company Hornblower & Weeks A. E. Aub & Co Cincinnati Cincinnati Union Terminal Company Union Station C. P. Keane Keane Financial Publishing Company Boston Textile World Detroit Aircraft Corporation Grosse Tie E. S. Evans Evans Grosse Ile North Dakota Red River Russell Long Island Jersey Young Americas Maine Green Mountain Cork Chicago Grain Table Bu Times Tiger Line Washington Lou Little Georgetown Hilltopper Western Maryland Johnny Bozek Soniberettanses New Farmer Corporation Hope of Michhgian City
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