davidaulloa/AmericanStories huggingface dataset:
Douglas daily dispatch., 1927-01-16
INSTITUTION no nAN srccARs

MEXICO CITY, Jan. 10 Especial to
The Dispatch) General Francisco r
Serrano, governor of the federal dis
trict, has evolved a plan for doing
away with begging on the streets
of the capital by providing an insti
tuition for the old and infirm and
for the young who have become hab-
itual beggars rather than to attempt
to do 50 by police regulation.
1t is planned that the inst tuition
be provided with ample means for
caring for the infirm and the aged
and to impart instruction to the
yorng. The governor proposes that
the persons who are charitably in
clined and whose doles now keep
teggars on the streets contribute TO
the institution and thus assist in rid.
ding the streets Of beggars and at
the same time satisfy their charlt.
able inclinations
Douglas daily dispatch., 1927-01-16

Lieut., A. T. Wilson, Walter Ross, Joe
Cohen and c. G. Hinton.
Auxiliary officers installed We're;
President, RS. Douglas Cooper; vice
president, rs A. r. Wilson; secretary,
Mrs. c. c. Hinton; treasurer, Mrs. r.
l.. Hoyal; historian, Mrs. J. A. Weiss;
executive committee, Mrs John b.
Murchison, Jr
Douglas daily dispatch., 1927-01-16

The women of Douglas Republican
club have been invited to attend the
annual meeting of the Arizona Repub-
lican club at the Hotel Adams in Phoe-
nix in telegram to Mrs. r. L. Hoyal
in this city. The telegram follows: i
Annual meeting Arizona Republican
club called Monday, January H. Hotel
Adams, Phoenix luncheon / o'clock
Purpose electing officers and amend-
ing constitution. Speaker, Miss Mary
Garrett Hay, nationally prominent;
Gait. Hope delegation from Douglas
can be present.
MRS. ]. L. B. ALEXANDER,
President"
If any women care to attend the
meeting they should notify Mrs. J. l..
B. Alexander of Phoenix At present
no delegates from Douglas are plan-
ming to attend, but it is hoped that
when the telegram and the invitation
are read here some who have not been
reached will decide to go
Douglas daily dispatch., 1927-01-16
Leave Soon

Neal Q. Thomason, field auditor for
the Kansas City Structural Steel
company, will leave the last of next
week for his home in Kansas City.
He will be relieved by L. w. easier,
also Of Kansas City who will ar
rive in Douglas Monday afternoon.
Douglas daily dispatch., 1927-01-16
Returns TO Nacozari

Mr.. and Mrs. Henry Cunningham
returned to Nacozari Friday after
spending week az the home Of
Mrs. Cunningham's parents Mr.: and
Mrs. Joseph Joss.
Douglas daily dispatch., 1927-01-16
10 New Orleans

Mrs. D. J. Hurley and grandson,
Donald Hurley Cuppe, left Friday
for New Orleans to attend the fun
eral Of Mrs. Hurley's mother, Mrs.
M. @. Quays, who died last Sunday
in Seattle. Mrs Hurley and her
grandson will be gone some time.
Douglas daily dispatch., 1927-01-16
DAUGHTER Born

Mr.. and Mrs N. A. Craddock are the
parents of a daughter, born Saturday
The baby, which weighs 612 pounds
was born at the family home, 661 Fif-
teenth street Mother and baby are
doing nicely.
Douglas daily dispatch., 1927-01-16
Here to enter High School

Miss Elizabeth Roark arrived here
Saturday night to join her parents at
1914 Seventh street Miss Roark will
enter the local high school and finish
her senior year here next semester
Douglas daily dispatch., 1927-01-16
To Phoenix

Mr. and Mrs. Fred Melvin left
Saturday for Phoenix where they will
spend the next two weeks on their
honeymoon. Melvin is employed as
teller in thes Bank of Douglas.
Douglas daily dispatch., 1927-01-16
Leaving for Home

Mrs. ]. S. Mcpherson. who has been
in Douglas two weeks, will leave for
her home in Monrovia Mrs McPher-
son lived here number of years age
and was back visiting and disposing
of her property.
Douglas daily dispatch., 1927-01-16
DOUGLAS DAILY DOINGS

Leagu eMeeting
The Upper Ninth street group OF
the League of Women Voters will
meet Wednesday at $50 clock at
the home of Mrs. Thomas HarselI
1444 Ninth street
Douglas daily dispatch., 1927-01-16
Visitors Leave

VTSIEDFS LeaVe
Mr.. and Mrs. Elmer Horne who
have been visiting at the home of
Mr.. and Mrs Earl C. Mccain, left
for their home in Pueblo, Colo
Friday. Miss Joice Belknap, of Colo
rado Springs who accompanied them
here Will remain and begin school.
joyce is Mrs. McCain's daughter.
Douglas daily dispatch., 1927-01-16
Home to visit

Russell Moore, who has been very i'll
at Phoenix, is spending the weekend
with his mother, Mrs. Maude Moore
He will return Sunday to Phoenix tc
resume his work as salesman for the
Zellerbach Paper company.
Douglas daily dispatch., 1927-01-16
TO Texas

To Texas
Mr.. and Mrs. william T. Meredith
Ihave gone to Abilene, Texas, to spend
two weeks on visit to Mr.. and Mrs
w. L. Curtis Mrs. Curtis was formerly
Miss Lucille Tracey.
Douglas daily dispatch., 1927-01-16
Visiting Uncle and Aunt

Steve Christman of Helena, Mont.
is in Douglas visiting his uncle and
aunt, Mr.. and Mrs. Thomas Messrick
at 42S Seventh street.
Douglas daily dispatch., 1927-01-16
Return Monday

Miss Anne Groves, who has been alb
sent all this week from her duties at
the Gadsden auto stand soda fountain,
due to Illness, VILE return to work
Monday.
Douglas daily dispatch., 1927-01-16
Here for weekend

Miss Sara Frost is visiting with hel
mother Mrs. Sara Frost, over the
week -end. iss Frost is teacher il
Tempe. M
Douglas daily dispatch., 1927-01-16
IReturns From Texas

returned yesterday from Texas where
she was called by the illness of her
father. Mrs. Yearsley has been gone
,Wo weeks
Douglas daily dispatch., 1927-01-16
Both iii

BOfh III
Mrs. Barney Hart and small daugh-
ter, Mary Ruth Hart, have both been
confined to their home, 712 Eleventh
street, with illness The child is con
siderably improved.
Douglas daily dispatch., 1927-01-16

RcmOdels Houses
Joseph Joss has finished remodel
ing and retinting his two houses at
625 and 631 Thirteenth street.
Douglas daily dispatch., 1927-01-16
In Bishee

In Bisbee
Miss Ele Marjorie Williams spent
Saturday morning in Bisbee discussing
Y. w. G. A. business with the secretary
there.
Douglas daily dispatch., 1927-01-16
to Go TO Tombstone

Bruce Stephenson was unable to go
to Tombstone Saturday on legal bust
ress due to a severe cold.
Douglas daily dispatch., 1927-01-16
Tn,urOyinr

Mrs G. r. Walker, TIP Eleventh
street, who has been confined to her
home for the past week and a half, is
slowly improving.
Douglas daily dispatch., 1927-01-16

Here From Apache
Cliff Darnell of Apache was visitor
in Douglas Saturday.
Douglas daily dispatch., 1927-01-16

III at Hospital
Mrs William Adamson is recovering
from major operation at local
hospital. The operation was performed
Thursday.
Douglas daily dispatch., 1927-01-16
Finish Here

evangelist Hoover Will deliver his
! last message in Douglas Sunday morn
ing at the Calvary Baptist church here.
Douglas daily dispatch., 1927-01-16

Lawyer Ill
W G. Gilmore is confined to his bed
with severe attack of Influenza
Douglas daily dispatch., 1927-01-16

YiSitOrS
Mr. and Mrs. G. W. Rollin are vis-
iting here from Los Angeles with Mr..
and Mrs F. Nj. Sherman.
Douglas daily dispatch., 1927-01-16

III At Home
Mrs. Bernice Henry, 1854 e avenue,
is very i'll at her home
Douglas daily dispatch., 1927-01-16
installation Friday

INSTALLATION Friday
The American legion and auxiliary
installed the new officers Friday
night. C. C. Hinton and Mrs. r. l..
Hoyal had charge of installation. Mrs.
Douglas Cooper is the new president
of the auxiliary and j. Weiss is COM
mander of the Fred Hilburn post of
the legion. After the installation there
was dancing, for which the Camp
Harry J. Jones orchestra played Re
.freshmentsa We're served at a late hour.
Douglas daily dispatch., 1927-01-16
nnby III

Jennie Louise Mayo, small daughter
Of Mr. and Mrs. Arthur Mayo, is con-
fined to her home with illness. She
lives at 945 Thirteenth street.
Douglas daily dispatch., 1927-01-16
Visiting Here

J j. j. Ames and son, John, are in
Douglas from Meriden, Conn, visiting
his brother and family at 920 Tenth
street.
Douglas daily dispatch., 1927-01-16
ILL At Home

III At HOME
Earl c. Mccain is confined to hi
home with a slight illness.
Douglas daily dispatch., 1927-01-16
Bisbee Friday

BiSbec Friday
[ s. l.. Butler, manager of the Arizona
Service bureau, was in Bfsbee Friday
on business
Douglas daily dispatch., 1927-01-16
other visitors

Mrs, e. Coe, Mrs. Laurie Blackledge
and Mrs. A, E. Cartright of Los An
geles are in Douglas visiting Mrs. Will
I liam Allen and Mrs. L. sherman. The
party arrived with Mr.. and Mrs. G. w
Rollin Thursday.
Douglas daily dispatch., 1927-01-16

Returns From Visit
Mrs. Frances Ames returned Satur
day from an extended visit with hel
mother in Ill Paso.
Douglas daily dispatch., 1927-01-16

To NogaleS
B. B. Hopkins and w M. Evans
spent the weekend at Nogales on
business.
Douglas daily dispatch., 1927-01-16
Architect Here

Architect Here
Carlton Winslow, architect from Los
Angeles, is in Douglas on business.
Here Saturday
Mr. and Mrs. Ross Sloane of Apache
were in Douglas Saturday.
License Granted
Dr. Charles ] Wilkerson has re-
turned from Phoenix, where he went
to take the chiropractic state board
examination toSpractiee iIr- the state of
Arizona. He will pssume his practice
nue..
Douglas daily dispatch., 1927-01-16
Here Tuesday

Mrs. Bruce Sheppard, an officer of
the State Women's club, VIII visit
Mrs. Anne Morgan Tuesday, in this
city.
Douglas daily dispatch., 1927-01-16

Mrs. Margaret watkins arrived here
, Saturday from Ell Paso, where she has
been recuperating from major opera
tiOn
Douglas daily dispatch., 1927-01-16

I Return Sunday
i Mr.. and Mrs r. r. Guthrie will re-
/ turn Sunday from Tucson, where they
are spending the Weekend.
Douglas daily dispatch., 1927-01-16
WOMEN OF DOUGLAS INVITED
REPUBLICAN CLUB MEET

Here From NacOxnri
Nat Russell is in Douglas from his
home in Nacozari
Douglas daily dispatch., 1927-01-16

III At Home
Mrs. Bernice Henry, 1854 e avenue,
is very i'll at her home.
Finish Here
Evangelist Hoover will deliver his
last message in Douglas Sunday morn
ing at the Calvary Baptist church here.
Baby III
Jennie Louise Mayo small daughter
Of Mr. and Mrs Arthur Mayo, is con-
fined to her home with illness. She
lives at 945 Thirteenth street.
Both III
Mrs. Barney Hart and small daugh-
ter, Mary Ruth Hart, have both been
lconfined to their home 712 Eleventh
Sstreet with illness. The child is con
siderably improved.
/ III at Hospital
Mrs, William Adamson is recovering
from a major operation at local
hospital The operation was performed
Thursday
Improving
/ Mrs G.. r. Walker 712 Eleventh
street who has been confined to her
home for the past week and half, is
slowly improving.
visitors
Mr.. and Mrs. G. W. Rollin are vis-
iting here from Los Angeles with Mr.
j and Mrs r. Nj. Sherman
other Visitors
! Mrs. e. Coe, Mrs Laurie Blackledge
and Mrs. A. E. Cartright of Los An
geles. are in Douglas visiting Mrs. Will
liam Allen and Mrs. L. Sherman. The
party arrived with Mr.. and Mrs. G. w
/ Rollin Thursday
Return Sunday
j Mr.. and Mrs. r.. r. Guthrie will re
/ turn Sunday from Tucson, where they
are spending the weekend.
Home
Mrs. Margaret watkins arrived here
, Saturday from Ell Paso, where she has
/ been recuperating from major opera
| ton.
! To NOgales
! B. B. Hopkins and w. M. Evans
i spent the weekend at Nogales on
4 business.
Returns From visit
Mrs. Frances Ames returned Satur-
day from an extended visit with hel
mother in El Paso.
/
Bisbec Friday
/ S. L. Butler, manager of the Arizona
Service bureau, was in Bfsbee Friday
on business.
Installation Friday
The American legion and auxiliary
installed the new officers Friday
night. c. c. Hinton and Mrs. r. l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
LONDON AND n. Y.
BANKS USERS OF
RADIO TELEPHONE
Among First to Try Out New
Transatlantic SerV-
ice.
BIZ Times Special

BIZ Times Special
NEW YORK, Jan. 11.-Wall Street
lost little time in testing out the new
radio telephone service just opened
between New York and London.
Several unusually large transac-
lions in foreign exchange, involving
sc, 900, 900 and five different curren-
cies were consummated over the
radio telephone between two promi-
nent International banking institu-
tons, the International Acceptance
Bank of New York and the Midland
Bank, Ltd, Overseas Branch, Lon
don. The International Acceptance
Bank was among the earliest to call
London by telephony and the trans
actions were the first to be completed
by radio phone in the foreign ex-
change market.
One transaction, a purchase of
Fl 900, 600 sterling, approximately
IS. 900 900 in American money, was
arranged between the foreign eX-
change department of the Interna-
tional Acceptance Bank. Inc. and the
overseas branch of the Midland Bank.
A short time later the Midland Bank
called the International Bank and
several barge exchange transactions
were consummated in five continent
al currencies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
PORKERS PARTLY REGAIN PREVIOUS LOSSES
Little Change Seen in
Other Livestock
Prices.

Mondays loss in hog prices was
partially regained today with an in
crease Of 10c to 15c at the Indian
spolis stockyards. Prices here are
still above those at Chicago, where
'the'market was steady today.
1t was estimated that 1000 hogs
were received by the local market,
the same number as the previous
run. Fewer were held over this time.
only once since the first of the year
has the number been below today's
1875. The opening was slow, with the
packers buying light and medium
weights at $l2.35012.50 per hundred
weight.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
SPANKING
OF'SHEIK
REFORMS
Youth Accused of Annoying
Girl Whipped on Judges
Order.

bU CNteu PfC6B
DETROIT, Jan. 11.-A public re-
cantation of sheikhood was obtained
from an 18year.old, six-foot boy
here yesterday by Judge Harry e.
Keidan in a unique spectacle at
Recorders Court.
A mothers good right arm with
a policeman's stout belt obtained the
abjuration In the .csemi-pricay Of a
jury room consistory. Frank Oplan-
ski, the boy "sheik," was reclined
across a sturdy mahogany chair and
his shouted promise of perpetual
goodness reverberated with resound-
ing whacks through startled court
room.
Miss Hazel Phillips, pretty and IL,
was complaining witness. She and
Joseph Ogurell, 10, Franks play
mate, sat outside and listened to the
ceremony. Joseph paled with each
sound from the jury room. and his
head was hung almost to his chest
as Frank, eyes red and tace flushed,
stepped out.
Frank and Joseph, according to
Hazel, giggled "suggestively as
she walked down the street going
home. Then, she said, they pushed
q third person into her as she
passed them, all three laughing
loudly.
A patrolman found the two
'sheiks" in a pooroom, still laugh
ing. They were locked up and not
released until the fathers had both
administered whippings.
But Judge Keidan was unsatis-
fed
II want you, as his mother, to
take him in hand" he told Mrs.
Oplanski, who has five other chill
dren. He needs a good whipping"
The Judge congratulated her on
the thoroughness of the job and let
both boys off with six months pro-
baton.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
BANKERS PREDICT
GOOD YEAR AHEAD
Continued From Page y

Continued From Page n
National Bank reelected were: James
A. Allison, Hervey Bates Jr., Tip
ton S. Blish of Seymour, James L.
Dissett, George C. Forrey Jr., Fred
Hoke, Robert Lieber, Edwin D. Logs
don, William J. Mooney, G. Barrel
Monkey, Gustave II. Mueller, William
L. O'Connor, Leo NJ. Rappaport, AL
bert M. Rosenthal, Gustav Schnull,
Roy c. Shaneberger, w. Hathaway
Simmons. Ralph K. Smith, Charles
B. Sommers, Theodore Stempfel, Ell
mer w. Stout. Thomas Taggart,
Lucius NJ. Wainwright and John r.
WEIGH.
Indiana National Bank directors:
Roy e. Adams, John ]. Appel, Hen
ry w. Bennett. Arthur V. Brown.
w. T. Cannon, Eugene II. Darrach.
g. A. Efroymson, Henry Eitel, r.
Malott Fletcher. J. S. Holiday, w.
G.. Irwin, John J. Madden, Macy w.
Malott, Sol Meyer, Edward l.. Nc
Kee, Gwynn F. Patterson, Norman
A. Perry, Samuel f. Rauh, Peter c..
Reilly. William L. Taylor and Frank
D. Stalnaker.
National bank directors will elect
officers later
WOOIlen Reports
Twenty Fletcher Savings and
Trust Company directors were re-
elected by stockholders Monday. In
a report of the 1926 business of the
company and its subsidiaries, Presi-
dent Evans Woollen told the share.
holders that the consolidated re-
sources of the trust company and
five affiliated State banks, as of Dec.
81. 1925, were $27,O52, 1911. De-
posits in all the banks totaled $685.
209,269 and the resources of the
Fletcher Joint Stock Land Bank,
totaled $15,927 .4S0. Exclusive of the
affiliated institutions, the trust COM
pany had resources of $24,303, 514.13.
Directors reelected Henry c. At.
kins~F Frederic NJ. Ayres, Albert Ba-
ker, Vinson Carter, Allen w. Con-
duitt, Carl c. Gibbs, Albert S. Gold
stein. William f. Hayes, Chicago;
Charles w. Jewett, Alfred Kauff-
mann, Hugh NICK. Landon. Albert
e. Metzger, Samuel d. Miller, Nicho-
las H. Moves, Almus G.. Ruddell,
Cassius c. Shirley, Joseph H. Spell
mire, Charles N. Thompson, George
NJ Williams and Evans Woollen.
r. w. Payne Named
Washington Bank and Trust Com
pany elected Francis W. Payne, a
vice president to succeed Carl Ploch
at annual meeting last Wednesday
other officers and directors re
elected We're:
J. Edward Morris. president; Mark
V. Rinehart, vice president and sec
rotary; Clifton n. Fields, treasurer:
Calvin J. Clymer, assistant secre-
tsry; Delmar G. Patrick assistant
secretary; Petrache Velesscu, for
eiGn department; Henley T. Hotel.
real estate; r. e. Throckmorton, in
surance department; M. L. Hall.
rentals; J. Edward Johnson. auditor.
Directors: e. l.. Cothrell, This. e.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
INDUSTRIAL LISTS
PUSH UPWARD; NO
PRESSURE SHOWN
All News Good News to Wall
Street With Ad-
VdnCeS.
by Il. Walter MOckler

NEW YORK, Jan. 11.-All news
was good news Monday and as re-
suit the industrial division Of the
stock market moved steadily higher.
At no time during the day was this
branch of the market under any real
pressure and bullish sentiment was
famed by the increase of $4,000
tons in the untitled tonnage state
ment of the United States Steel Cor
pora ton as we'll as by the decline in
call money to a basis of 4 per cent.
Incidentally stock and bond col
lateral loans made by the reporting
banks of the Federal reserve system
here showed an increase. of $40, OO0.-
900 for the week ending Jan. 5,
over the preceding week.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
WHEAT CONTINUES
WITH MIXED TONE
Liverpool Lower Than Ex-
peCted-CornS Oats Higher.
BIZ United Press

BU CnNeU PT66S
\ CHICAGO, Jan. 11.-Sentiment in
wheat was mixed with several i'm
portant cross-currents in the Stats
tics that made the average operator
uncertain as to the real trend of the
market. At the opening prices were
- to nc lower than yesterdays
close. Liverpool was somewhat lower
than expected. Limited outside sup
port on the bulges makes the market
susceptible to attacks from a few
large local professionals and ad-
vances are hard to hold on wheat
Corn opened &c higher. This
grain had strength from local oper-
ators, who have been unable to get
anywhere on the bear side of late,
aud selling pressure was limited at
the opening.
Oats opened &c higher. There was
no news to affect the market either
way.
Provisions opened higher.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
Advancing Methods

In this connection it is of interest
to review the various methods which
have been in force in the handling
of international business. At one
time all such transactions were con.
fined to letter correspondence. This
was followed by the establishment of
cable service.
The introduction of cable service
was considered one of the wonders
of the world, and continued so for
many years. Within recent years
however, the changes developed more
rapidly. The cable was followed by
wireless communication between the
two continents, and now Europe and
the United States are linked by tele
phony. Probably the next great de-
velopment in international communi
cation will be the coupling Of televi
sion with telephony.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
FEWER AND BETTER.
BILLS, PLEA MADE
BY HOUSE SPEAKER
Bar Examination Bill Is One
of Outstanding Meas
ureS Today.

Speaker Harry G. Leslie Of the
Indiana House of Representatives
today urged members TO INTRODUCED
fewer and better bills.
The Speaker urged the old mem
bers to set an example for new mem
bers and refrain from introducing
bills which they knew had no merit
and knew could not pass.
Nine bills were introduced and
the first bill of the session, pres
scented Monday, which provides
100000 for expenses of the Legisla.
ture. was repasssed with the Senate
amendment increasing legilators'
pay to $40 a day.
Then the House adjourned until
10 a. m. Tuesday.
Examination of all applicants for
admission to the bar in Indiana IS
made mandatory in Bill 8. introduced
by John w. Thel RepA, Lake
County.
The bill Is sponsored by the State
Bar Association. The following bills
were submitted to the various com
mittees: Bill 4 by Huffman RepO.
Elkhart, providing for the manage.
ment of municipality owned utilities
IN towns of the third class. Referred
to cities and towns committee.
Bill B. Bond (Rep), Henry County,
providing penalty Of 10 per cent for
stopping the payment on a check.
Criminal code committee.
Bill 6, by Gilbert Rep), La Grange
and Steuben Counties, defining the
crime Of burglary with explosives
and naming penalties. Criminal code
committe.
Bill z, by Thiel (Rep.), Lake
County, regulating heating OF flats.
apartments and business houses and
demanding 72-degrees temperature
between a. m. and 10 D. IN. Jul.
dietary B committee.
Bill ., by Wright, Republican.
Marion County, increasing penalty
on drunken drivers. Criminal Code
Committee.
Bill 10, by Wedeking, Republican.
Perry and Spencer counties. increas.
ing the penalty for robbery by force
and bars from holding Office there
after. Criminal Code Committee.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11

BIZ United Press
NEW YORK, Jan. 1.-The in
crease of S30,S0O,OOO in loans on
stocks and bonds at this center in
the week ended Jan was largely
due to active borrowing by Under
writing houses In preparation for
new offerings. AS these were alb
sorbed in voracious fashion, con-
siderable reduction in loans has
taken place since the middle of last
week.
In view Of this situation there was
Naturally no nervousness In the
main body OF stocks at the opening
of the stock exchange today over
the loan expansion shown in the
Federal reserve statement given out
after yesterdays close.
Although call money declined to 4
per cent In the late morning after
renewing at Al per cent, stocks con-
tinued to move irregularly. This
failure to respond to easier credit
conditions was seized upon by the
bear crowds as a pretext for further
attacks on the speculative leaders
around noon.
Steel, General Motors, Baldwin
and other industrial leaders were
4 forced down one to three points from
the highs established on Mondays
advances. General Electric resisted
selling pressure better than other
pivotal issues, supported by the
Dow-Jeies,~ statement that the 1926
report would show bookings and
billings substantially in excess of
estimates heretofore made.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1927-01-11
Hopes Expressed

Great hopes were expressed re-
garding the possibilities of this
two largest financial centers in the
world particularly when the new
service is further perfected.
The prediction was made that if
the service is up to standard, and
there is not too long a delay in ar
ranging a thorough connection on an
international call and proper privacy
can be obtained, transatlantic tele-
phony may bring about drastic
changes in the methods of handling
worldwide foreign exchange trans
actions.