davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
BUS|NESSFEARS
ARE DISCOUNTED
BY STOCK MART
Economists, However, Fail
to See Serious Trouble
Ahead.
By e. Walter HOckler.

NEW YORK. Nov. 22.-Despite
the sharp rally in the stock market
on Saturday, operations during the
balance of the week confirms the
view that the market is discounting
the fear of a check to the country's
abnormal business which has been
under way for the past two years.
Many leading economists have
added their testimony to the con-
structive side Of the market, failing
to see any serious troubles ahead,
however, from the point of view of
these economists. The outlook is
good. Until some development. now
considered impossible, should occur
the United States is buy.
No Slump I'm View
No industrial depression of mo
ment is in view.
Baldwin has ably demonstrated the
danger Of selling short. This issue
has jumped 20 points inside of two
weeks with trapped shorts paying
dearly for their rash courage in sell
ing a stock so closely held as Bald
win. The example set in this case
has acted as q deterrent against too
reckless selling of high-grade indus
trials. Another reason why short
selling is especially dangerous, right
now, is based on the professional
There has been a very small proper
ton Of public participation in the
market for the past several months
Professionals, including the small
board noon trader who changes like
weather vane, have been doing the
bulk of the trading, each trying to
hold his own speciality up to point
where liquidation would be possible.
Too Many Experts
Naturally 1t is hard for the COM
peting groups to sell each others
stocks short. There are too many ex-
perts concerned. If the public were
heavily Ions of stocks, 1t would be
an entirely different situation. The
general public has always evidenced
fondness for purchases around the
highs and sales around the low
points. After market has reached
it's top for a movement and the gen.
eral situation resembles that now
in effect, well placed short selling is
usually successful in starting a
market lower.
fG1f fArC tot 30
meaning Of the movement sell their
stocks and add weight to the pres
sure while the sinking market works
through stop loss areas and forced
selling turns a decline into a rout,
giving the original sellers plenty of
time and opportunity to cover at
much lower levels.
Money Plentiful
Still standing stanchly against all
bearish factors, the money situation
in the country remains unimpaired.
Regardless of prospects for extra d.
vidends next year by the companies
which have blazed wide trail across
the financial horizon this year, the
fact remains that we have a very
large surplus of capital and this
must be kept employed. General
business requires less in proportion
than foramlly Credit facilities have
been invoked to a point where an
actual dollar does the work of at
least a dozen dollars. This means
that our billions upon billions of
dollars and real wealth must feed
upon itself for sustenance and it is
hard to picture any sharp depression
in industrial activity with this con-
dition in the background
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
Decision Later

Following completion of today's ar.
guments for and against dismissal
of the merger petition, 1t was be
lieved several days would be con
sumed before a decision could be
reached. Attorney General Arthur
l.. Gilliom, who will cooperate as the
commissions legal adviser. will be
out of the city the remainder of the
week, necessitating n delay.
Although Wampler. as presiding
commissioner, assumed full RESPONSE
bility for passing on the dismissal
motion. 1t is believed he will be
guided to an extent by the attitude
of the other commissioners.
Within the next two weeks the
commission also will take action on
other motions to postpone the hear
ing several months and to conduct 6
complete inventory of properties of
the merging companies in the mean
time
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
Chicago Grain Table
Produce Markets

Eggs1Gostr1ctly fresh delivere, at Indian
Butte, Wholesale pricesJ - Creamery.
best bo' grade a pound: 5Sa5Ss: r
IA a &c: ducks 15M1Sc
CheesS Wholesale buying prices) wis.
27c: Limburger PIE
Butterfat-Local dealers pay 506 SIC
CLEVELAND. Nov. 22.-5-Butter-Extrs
in tubs. $50 SAC: extra firsts. 81 a 52c
faar rHs. s. g ass packing stock. 32c W
stor extra frsts, $7c: refriserator firssts
BIZ t2c. Poultry-Heavy fowls. 20 q 27c
heavy. springers, a26 a PC: medium V a a
1860: medium. % @ CSC: geese. 90 24c
PP9tatoes-1I 550,poqpd bags round Whit
4s5 Mains hes best G & Is poorer auaI
Gainesvihe. 81 5o@4.6o Idaho rTs s;e2
120-pound sacks, S410M425: Wisconsin
15O-pound sacks. SIS IS a 4: Minnesota anc
Colorado Brown Beauties. 120-pound sack
S425
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22

A drop Of water may contain as
many as 100 forms of life. visible
under a microscope.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
Cattle

Receipts. 800: market. steady,
Bulk stocker and feeder steers d50G 775
Low cutters and cutter cows $500 4.75
calves
Receipts. 400: market, higher.
Xealers ..''''''''''' 943f5'uUU 81 I6t'OOOO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
LIST CONTINUES
6TRONG DURING
EARLY TRADING
SoundneSs of Credit Situa-
ton Aids Start of New
Week.
Average Stock Prices

Average of twenty industrial stocks for
Saturday was 1895. up 1.Q9. Average
of twenty rails. 1896. up 81. Average
of forty bonds. 9o.82. unchanged.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
Banks and Exchanges
FOREIGN EXCHANGE
Nov. o.

LOCAL CLEARINGs
amT6isd pc 9a a 0o pebs 1os t1997ay
900.
FOREIGN EXCHANGE
NEW YORK. Nov. 22.-Foreign .ex-
eeh1aTnge, opened l9werL Demand . sterling ling
4.11c off .04c: belga. 1880. up oil;
marks. 23.74c. up .00h
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22
Language Plain

1--WE must take this act as we find
It, The language Of the statue is
plain"
The Indianapolis Power and Light
Company. Incorporated with $4,000
capital the day the merger petition
was filed, would take over the two
companies and have a valuation of
$50, 100000 under the petition.
The value of the two concerns, for
taxation purposes, Is $1S,0OO.OO0.
The Chamber of Commerce and
other civic organizations and large
light and power users are opposing
the move.
E. o. Snethen, representing the
Federation of Community Civic Clubs
and Cronke and Wilde, representing
three large power users, also were
present this morning.
During the course Of Matson's ar
gument, Commissioner Artman
passed counsel on both sides a series
Of questions which indicated his at
titude on the question.
MAY a new corporation, without
the approval Of the public service
commission, become a public utillty?"
was question two. This was followed
by question three, MAY a new cor
poration operate a public utility
without a license permit or fran
chise by the public service commits
sion?"
Say Answers Are 'NO."
It is the contention of attorneys
for the DIRECTORS to the merger
petition that the answer in both in
stances is mo" and that for that
reason the commission is without
jurisdiction and cannot act upon the
petition.
The valuation of property which
| by reason of a merger or combina-
ton becomes n duplication was an
other phase taken up by Matson. He
questioned the right of utility to
purchase stock and bonds of another
company by the issuance of stocks
and bonds. 1t was the gist of his ar
| gument on this line that the cor
poration act of 1921 gave the right
only to purchase property, real and
personel" and did not include the
right to buy paper"
Matson was followed by Dowden.
"This petition shows on its face
that this commission does not have
the power to grant the relief prayed
for" was Dowden's opening state
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-11-22

'Ex-dividend z per cent.
The Nome nugget., 1926-10-16
FIRE DEPARTMENT CALLED OUT THREE TIMES
 IN SIXTEEN HOURS

Thursday and Friday were a red letter days with the fire de- partment on Wednesday the old mare that has been connected with the station for several years, lost a portion of her hOOf when out practicing. making 1t necessary to obtain and break in new horse immediately. After trying out a couple of horses deal was made with Jack Mathews for one of his stock, the animal Is big rangy black beauty and makes an Ideal match for Jerry, not only the boys in the department are proud Of him, but nearly everyone who has had the opportunity to look him over. feel that he Is the right hors , in The right place.
 About l1:40 A. NJ Thursday. ihc department was called out to Il fire in the house of Zoe Smit' 'st i'Ht oiItft utA VI iur r,t. track. whetc il wa. found tn .i some rubbish had been piled too was quickly put out without any material damage heinz done, and th. chemical wagon returned to he station.
 The next fire alarm came from the East End of the city about 2:l0 A NJ. Friday, and the fire men and chemical went dashing down the main stem in answer to the alarm. The firemen were in formed before leaving the station that the fire was in the vicinity Of the old Wild Goose barn. sO as the chemical wagon passed the hydrant Il Polel $ warehouses. they connect ed np the hosc and cobtinHed on in search of the blaze.
 When about tO turn up towards
 hr Wild Goose barn, someone beck un"u Tn" nfeHtU 10 continue uDWli 'ast the lighterage company and after passing the electric light plant il was discovered that the fire was back on the tundra at the end of Gampbel's Way After turning up tnmpbrll's Way IL was soon dlscov- cred that the hose wonld not reach he srrnr of the fire. so the chemi cal wagon continued on. It was realized by this time that It would be impossible to change hydrants in
 inc lo save the buildings us the nigh wind was spreading the flames rom the Rogers cabin to the Han ann cabin. adjoining. and efforts
 arrr then made to save whatever
 tuld be resruel from around the iIannnm building before being con nmrd. The both sabtns were 3t ltr mercy of the flames and wiN,t md many persons who arrived oH
The Nome nugget., 1926-10-16

to Cor. No. ] and place of begin ming containing sn area of 1s.S20 acres.
 Number 89 Above oa solomon
 River Elaccr.
 Beginaing at Cor. No. l, identi- cal with Cor. No. l of 3S Above on Solomon River Placer. this survey previously described. from whence US. L. M. No. 1S36 bears $. io3s7 : It, thence N. a3 deg. 54 min. w. aI1.2O 1t. t9 Cor. No. 3. ident cal With Cor. No. [ of ..s Abova nm Solomon River Placer this survey previously described; thepce N. 50 deg. 50 miR. E. 12SO.s0 ft. t0 Cor. No 8. limestone 26x7x4 ins. 12 ins. in the ground and chiseled B. 39A-ls36 for this survey; thence s. 4e deg. 24 min, E. 69O.T0 1t. to Cor. No 1 greenstone 24x1Ox6 ins-- l2 ins.. In the ground. Ghisel- ed 4-38A-1Ss6 for this survey . thence s. 6l deg. Os min. W. 143S 70 1t. to Cor. No. and place of beginning, containing an area of l8.041 acres.
 N~NH rV Asote ou SoiOHton River Placer.
 Beginning at Cor. No. 1, identi- cal with Cor. No. of 39 Above on Solomon River Placer. this sur vey previously described. from whence U. s. L. NJ. 1886 bears &. 29 deg. 58 min w. 2241s it.: thence N. 49 deg. 24 min. w. 5s0 70 ft. to Cor. No. ? identical with Cor. No. } of 39 Above on Solomon River Placer. this snrvey previously described: thence N. s6 deg. s4 min. E. 116s.10 1t. to Cor. No. 3. q limestone 34x8x6 ins. IF ins.. in he ground, chiseled 3-4OA-1S36. thence B.. s6 deg. 4a min. E. I51S.20 1t. to Cor No. |, lime stone 24x6x6 ins. 12 ins. in the
The Nome nugget., 1926-10-16

ground chiseled 4-4OA-1s36;thence S.. 54 deg. II min. w. 1O2S.o0 fl. to Cor. No. 1 and place of be ginning, containing a.' area of 13.716 acres '' Said mining claims being contig- uOus and forming one tract of land and containing total area of go. 677 acres. The notice of location of said placer mining claims are of record in he office of the Recorder of said Cape Nome Mining and Re cording District and Precinct in Volume 1G1 at page 125. Volume 176 at page 4O8 and Volume 16G at page 311. respectively Of the Records of Locations Of such Pre- cInct.
 There are no conflicting claims. The adjoining claims on all sides of this survey are unsurveved and the names thereof and claimants are unknown.
 The mineral monument to which his survey Is tied is located and described as follows: IT. s. l.. M. 1886 Is limestone outcrop l0x5 it.. ft. above the ground with stone mound 3 ft.hIgh on same and is situated on elevated ground about 25O 1t. above stream bed on Survey Number 1886. from whence U. s. C. s. Station bears N. 26 deg. 59 min. E about three miles Mouth of Lynch Gulch bears N AZ deg. 5S min w. 1250 ft approximately. Lone Rock about. 10 it. high bears N 79 deg 10 min. W 2 miles. approximately
 Said monument being in latitude 64 deg. 50 min. N, longitude 164 deg IS min w.
 A. N. KITTTLsEN.
 Register.
 Publish Aug. 21. 2s. Sept. 4, II. IS, 26. Oct, 2. S. 16, 1a26.
The Nome nugget., 1926-10-16

The,.lOcal lodge. Loyal Order of Moose, are making plans for the celebration of Moo-eheart Day with card party and da ce to be given next Saturday evening. Oct. 23rd. at Moose hall The actual date of he celebration falls on the z7th but owing to the fact that the last boat may leave before that date. the local lodge will hold 1t on the 23rd. The following excerpt on Mooseheart Day is taken from the Mooseheart Magazine and was de- livered by Director General Davis at the Chicago convention:
 October 27 Is MoOseheart Day and commemorates the founding of Mooseheart and Moosehaven. It has come to be one of the greatest days in our Order and we mark it with appropriate services. We should have as our aim the obser- vance of this day in a manner that will be both impressive and inter- csiing. The founding of Moose heart marked the beginning of an era of progress In our Order, end the fitting observance of such a day should he in harmony and keeping with all that Mopseheart represents. As 1t represents the beginning of Mooseheart and Moosehaven, some thought should be given on this day to their per- BetuatiOn, and special effort made to allow the members an op- portunity of contributing to the Mooseheart Endowment Fund which We hope to build to the ex- tent of ten million dollars-a sum sufficient to protect Mooseheart for all time to come."
The Nome nugget., 1926-10-16

the scene turned their efforts to assisting in putting out the tundra fire which was then burning over quite a large area.
 The department worked most of the night getting the hose and chem ical in condition. when low and be hold at 6 A. NJ. another fire alarm was sent in. Due to the fact that Nome has no all night telephone service. the call was phoned by private wire from the Harmon of flee building to Harry Little, who lives few dop.s from the ire de- pertinent. Mir. Little lost no time | in informing the fircmen that the fire was in a cabin nearly opposite the Ilammon office on Third Ave nue. and the fire department re- spOnded immediately. The cabin which was on fire did not have any one living In it. but spark from q nearby smoke stack evidently drop ped on the shingle roof and burned a hole clear thru. Water was turn ed on and the fire quickly distingu- ished without much damage result ing
 The new horse acted fine all thru the three occurrences and received some new experience that was good for him. The department which is composed of only three men are to Be cOmplimented on their alertness and efforts. and if the people gen erally. will try to assist the depart ment by telling them just where [ he fire Is located q great deal of time can be saved as well as pro- perty. by the department running to the closest hytlrant to the fire
The Nome nugget., 1926-10-16
NOTICE OF APPLICATION
 FOR PATENT Mineral Application No. O70O. llNlTED HTATEE IANl NRHIGE,

NohE, NLApNA.
 August 21st. 1926
 NOTICE IS HEREBY GIVEN that the MINERS AND MFR, CHANTS BANK OF ALASKA. a corporation organized and existing under the laws of the State of Nev- ada. the Post Office address ot which is Carson City. Nevada. and Nome. in the Territory of Alaska has. through. J. s. STANGROOM it's duly authorized agent and at torney In fact. whose Post Office address Is Nome. Alaska. made ap. plication before the United States Land Office at Nome. Alaska. for |; United States patent for those ger NUMBER 3S. NUMBER 39 and NUMBER 40 ABOVE ON SOLO MON RIVER. About Sixteen (1f' miles Northerly from solomon Post Office and the shore of Bering Sea in the Cape Nome Mining and Re cording District and Precinct. Ter ritory of Alaska and being more particularly described in the plat and field no'es of the official sur vey thereof now On file In the off ce of the Register of the United States Land Offics at Nome. Alaska, with magnetic variations of from l9 deg. 80 min. F. to go deg. 20 min. F. as follows:
 Number 8S AbOye On
 solomon River Placer
 Beginning at Cor. No. l. a green stone 24xSx3 ins. 12 ins. In the ground, chiseled 1-38A-1s36 for this survey; from whence U. g. l.. NJ. No. 1886 bears s. 103S.7 ft. thence S. 57 deg. 5s min. W. 14bs 80 it. to Cor. No. 2. a limestone 24x6x6 fms. 12 ins. in the ground, 2-3SA-1S36; thence N. 70 deg. 4S min. w. 536,40 fl. to Cor No. 3, schist stone 24x9x3 ins. 12 ins. in the ground. chiseled 3-ssA-lsaS; thence N. 56 deg. 10 min. F.. 15ls.00 it. to Cor. No. I. a lime quartz stone a4-xl0x6 ins 12 ins. in the ground chiseled 4-3SA-1S36 for this survey: thence s. s8 deg. 54 min. E. 577.20 ft.
The Nome nugget., 1926-10-16
G l. [ v NEWS lTRMD
fspscial Nugget service)
Sept. 90. 1928.

Sept. 90. 1926. The hum Of an airpians Is not such matter Of curiosity now-a- days. having already sighted two planes here this past month. They apparently use the Quinahawk emergency landing field as a land mark, which brings the planes dl' rec,ly over Film village.
 This past month has bcen very stormy here. with but few boGts in The scow "Elim Twins" mis siunary l.. F. Ost and sons. drop ped anchor here on the evening of Sept. s MT Ost and his sons have spent the Aummer salmon fishing down coast al Egavik. Mir. UAt lcn Film again the same night to return 10 his fishing camp, but wna storm bound when but few miles from Film. returning to Film on foot lo spend Sunday then away
 The Good Hope" Capt. ivanOn. brought home Micha Charles and family from their fishing camp near Unnlakieet.
 During gale on Sunday morn ing. the l2. the dory from the gas mhooner Arctic Chief" washed naiIor. with Bplintered bow. The Chief" had been sighted the pre- vious day far out nt sea In the teeth of Il gale headed for koyuk River She picked up her dory at Him on the Huh. returning to Galovin.
 he Siork= left two baby girls in Film this m0nff-one al the home of Iyapnn and one at Daniels.
 Gabriel. the small son of Julius, swallowed a 22 cartridge. empty. the other day. which lodge in his throat and gave him bad time of II for Ii few hours. until he finally managed 10 completely swallow h
 A party of four men 2 of Colo Nln Dbyb. rom WHNe mbuhthih and Fred Saccheua of Film. npeDf n couple of days here. enroute to inc Tubuktoolik river. where they planned to prospect They set oui In their small power boat. a merry party returning last evening sad and silcnt group. with one of the comrades atIlled In death. IL seems fl,, water waH too low for them to procecd to the ground for prospec- ting. and they ran out of grub. " They were duck hunting and sight cd five ,iucks rlose al hand Keep Ing all eyrs trained on tho ducks, Fred Saccheus reached for his gun in the bottom Of the boat. grabbed t on the muzzie e0d an explosion
 the gun dropped into the water and Fred Saccheus lay in the hot tom Of the bOhi with ths side of hin face blown on The body Is he ing held here for intermept. Ehas Tuktook wRr dispatched on foot 10 Golovin. it being too windy to round Cape Darby In a small pow cr boat, to notify tho boy's par rnts who nre visiting there
 Nj E Nylin
The Nome nugget., 1926-10-16

Before leaving for the outside on the last trip of the steamer Victoria Mrs. W. J. Keene of the Nome Tailoring Company. informed us that owiDg to Mir Kenne's sickness she was compelled to leave her business and go to his aid. Mir. keene was operated on for cancer of the lip about q year ago. and they still have hopes of his reeOv cry. In a letter to the Keene's from the superintendent of Dr. Nicholas Sanntorium at Savannah, Missouri. the following information is given concerning MT. Wilson who left Nome this spring for cancer treatment: Mir Wilson is getting along real well. his treatment was very extensive. but when the dead piece of flesh sluuehed away there was really less trouble showing than we expected, He had another treatment yesterday. 80 Is not feel ing so well today. but before this he was up and around and out on the porches and had a good ap- petite. After this piece comes off We hope that everything will be alright.
The Nome nugget., 1926-10-16

been rebuilt this summer, ih" school Is now in charge of Miss. Martha Brennun. Miss. Anna IIu seth who has had charge of both the Bureau and Mission work will now look after the varied interest 4 of the Mission, al their several Atntinns
The Nome nugget., 1926-10-16

Tho motorAhip Donaldson arrived from Ht Michael and way points last Sunday evening with maii from tho outside as well as Alaska points. The vrsHel left on her return trip Wednesday at 4. M.. with mall md tho following passengers: C. F. boyne and wife for Unalsk feet and Bob Doyle for GoloviD.
The Nome nugget., 1926-10-16

Jack Mathews and his crew ar rived in Nome the fnrrpart of lh week from ihe KouParok river where they had been engaged =ir mining all summer for the Berin Dredging company.
The Nome nugget., 1926-10-16

The motorship Silver Wave left peerIng Wednesday enroutc 10 Nome from kOfzsbue and way points. after haviaG had u stormy voyage ID North The vsasel Is expected to arrive today. with pAs. srnHers and mail and Ia ito last sailing for Arctic ocsan pThts Una season
The Nome nugget., 1926-10-16

Twenty live reindeer were ship ped out on the Panama from the Nome Herd. they were consigned to Thac her keir and Adams of Youngstown. ohio and are for use In the Thacher's Santa Claus Page ant IT was through the efforts of the local Chamber of Commerce thai the deer were purchased in this part of Alaska.
The Nome nugget., 1926-10-16

Are you going to the States this Winter-If so do not fail to have he Weekly Nugget sent to your ad- dress. Mailed anywhere for &1.0O per month Ii will keep you posted on what is going on around Nome Do 1t today.
The Nome nugget., 1926-10-16

The White Mountain Industrial School now has an enrolment of forty six boarding pupils. Almost every village from Barrow to iIamil- ton Is represented.
The Nome nugget., 1926-10-16

Doctor Chas A Thompson and wife who are old timers in this part of Alaska will spend the win ter on Little Diomede Island for the Bureau of Education
The Nome nugget., 1926-10-16
NEWS NlrrEN

At Inc laai meeting of the city council hold Monday evening lhp city clerk wHs ordered to prepare for publication inc delinquent ta1 roll Tor the yrars l92425
The Nome nugget., 1926-10-16

Thomas Tautuk and Jimmie Brandon are going ont nn the Tan ana in charge of reindeer and will spend the winter in the cast with their families. who will follow on the Victoria.
The Nome nugget., 1926-10-16

The Bureau of Education had several hundred ions of coal mined at Wainwright which was supplied to their several schools.
The Nome nugget., 1926-10-16

The Coast Guard cuti"r =AlEen quin ir expected To afri ', at N"m'' sometime today. from Unalaska.
The Nome nugget., 1926-10-16

MsOse meeting Monday 18th, at P. M.. n0minatiOn of Officers and n smoker. W. II. Koch,
 Secretary.
The Nome nugget., 1926-10-16
LOCAL NEWS
BUREAU EDUCATION :. ACTIVITIES

MiHs Mabel Lien and Mrs. E. l.. Range are going outside on the Boxer. leaving Teller tomorrow.