davidaulloa/AmericanStories huggingface dataset:
Evening star., 1928-11-16
STOCK PRICES SOAR
. IN RECORD TRADING
Bull Market Rolls Up Tremen-
dous Volume of Sales
in Morning.
BY GEORGE T. HUGHES.

Special Dispatch to The Star.
NEW YORK, November 16.-Throw-
ing aside every semblance of restraint,
Wall Street this morning plunged into
the maddest speculative orgy yet seen
in all the greatest bull market in his
tory. The present generation of traders
has never witnessed an opening COM
parable to that of today. For size OF
blocks which changed hands and for
the extent of the opening gains it was
unique. In Is minutes after the gong
rang $4,000 shares had been bought
and sold. In the first half hour the
trading totaled $4,000 shares. At ii
o'clock the sum was 1,424,200 shares
The records of the Stock Exchange show
nothing to equal this volume in the first
hour
Tn the utmost. A few examples will Suf-
fice for illustration. The opening sale
in Packard was of 10000 shares at 1l4Is,
against the previous close Of 10912. The
transaction was effected only after the
Stock Exchange committee had estab-
lished an opening price. Tnere were
buying orders for 10000 shares and OF
ferings of only 10000 shares. Mont
gomery Ward on block of 1000 shares
was up 10 points. Bethlehem Steel
gained 31s points on 10000 shares
Greene Cananea jumped over points
on 5000 shares. Sears-Roebuck adj
vanced more than points on 10000
shares. Westinghouse Electric was up
nearly S points on 10000 shares.
Railroad stocks were not far behind
industrials. Atchison, starting in only
fractionally higher, crossed 200 in vol
ume to the highest price in the history
of the road only few minutes later.
subsequently it added 3 points more to
the gain. New York Central ran up
nearly 3 points. Union Pacific, Nor
folk & Western and other seasoned
dividend payers responded more or less.
United States Steel made new high
on the first sale, but thereafter during
the first half of the session made little
further progress. General Motors, SELL
ing ex the regular $1.25 end the extra
$3.50 dividends, Jagged behind. On the
other hand, Packard not only main
tained its initial advance, but in
Gre" Sed It,.
The others already mentioned for the
most part receded slightly under realiz-
fered for the rush to buy stocks was
the unexpectedly small increase in
brokers loans shown in the Federal re-
serve compilation made public after the
close yesterday afternoon. This was
much the smallest increase of any dur
ing the current upward movement Va
rious reasons were suggested Tor the
moderate gain. One was that funds
were coming into the market from
sources which do not report to the
Federal reserve. Another was that
traders had been selling General Mo-
tors old and buying the new, on which
no cash payment is necessary. WHAT
ever the real cause, spectators were
satisfied with the fact. They took 1t
to mean license to go as far as they
liked.
Copper stocks were prominent all day.
Anaconda and Andes we're the fayorltes.
Anaconda sold above 500 share. the
highest price since 1916. Andes at 46
was up over 2 points and at the best
since listing. The other active shares
of the group went along.
Evening star., 1928-11-16

from the savings banks in Greater New
York exceeded deposits by approxi-
mately SIS, ,000, 900. A great deal Of this
was traced to the stock market. From
Investigations today 1t was learned that
during September deposits exceeded
Withdrawals In October the reverse
was true, but since November there
has been an outward movement of
funds that seems likely to overbalance
deposits this month.
Evidence of the same sort comes from
other sections of the country, espe-
cially the West and the Pacific Coast,
where the public interest in the market
exceeds that of last Spring and Is re-
sponsible for considerable part OF
the activity on the New York Stock
Exchange as well as on local exchanges.
AS proof of the widespread interest N
the American market. one New YORK
house today received an order for 10000
shares of stock from client In South
Africa. Orders from London. Paris
Amsterdam, Berlin and from the tlnan'
cial centers of Switzerland and Italy
to say nothing of South American capt.
tails, have been pouring into this mar
ket for weeks.
Evening star., 1928-11-16
Wall Street Briefs

Gold imports in the week ended No
venber IA totaled $9,888, 900, of which
S7.3O9, 900 came from England and ST.
500 900 from Argentina. Exports were
$l60 900. of which 100000 went to
Venezuela, $4,000 to Germany ana
$1,000 to Mexico.
An Offering of $4,000 shares of Pa
cific Western Oil Corporation capital
stock at $24 q share will be made today.
The corporation will hold all capital
stock, of the Pacific Western Oil Co,
which is acquiring most OF the oil
family Of Los Angeles.
Net income of the International Rail-
ways of Central America in the past
10 months totaled $2,866 ,809 compared
to $2,197,14 In the corresponding 1927
period.
Stockholders Of the Mohawk Rubber
Co. of Akron, Ohio, have approved the
81, 900 to 10000 no-par shares to pay
a 300 per cent stock dividend.
Sears, Roebuck g. Co. of Chicago has
bought for $4,000, 900 the former w. L.
Miner Department Store Building, in
Toledo, for retail store.
put over September was the outstand-
ing feature OF the bituminous coal
markets of the country last month,
Coal Age reports. The weighted average
spot price for October was SlS7 per
ton. t. o. b. mines, against $1.81 in
September.
Stockholders of the Murray Corpora
ton of America have approved the
proposed changes involving an increase
in capital stock to 100000 shares of
no-par value from 100000 shares. It
Is proposed to issue 269 300 shares to
stockholders at SIS share In ratio of
one share for every share held on No
vember Is. Rights expire December
20. The proceeds will be used to retire
the funded debt
General American Tank Car Cor
poration of New York and Chicago was
reported in Wall Street to have ap-
proved plan for redeeming the en-
tire issue of 77,527 shares of per cent
preferred stock without recourse to ad-
ditional financing, or increasing COM
mon shares.
Evening star., 1928-11-16
STOCK GAINS LAID
TO PUBLIC INTEREST
special plspatch to The Star.

Special Dispatch to The Star.
NEW YORK, November 16.-Six peo--
pie, four of whom were women, walked
into the Office of a New York Stock
Exchange firm and asked to open ac-
counts. All of them presented pass
books on savings banks which were
to be drawn on for the required mar
gins. Other houses report similar ex-
periences in the last few weeks. This
is a repetition of what happened last
Spring during the violent market move
mentS of that period.
Since election the public that had not
already been in the market had been
excited and its desire for a part OF the
profits that others were making has
been stimulated by the succession OF
5000 ,OO0-share sessions and the extraor-
dinary advances that have been taking
place in well known stocks and in
scores of low-priced specialties. This
has led not only to the withdrawing
OF savings bank deposits, but to sales
of bonds in order to provide funds for
speculation. and in some cases to the
mortgaging of real estate for the same
purpose.
In April and May the Withdrawals
Evening star., 1928-11-16
NEW YORK STOCK EXCHANGE
Received
Quotations Delayed

Owing to the volume Of trading
on the New York Stock Exchange
today, the tape was swamped. and
closing quotations were not available
for this edition Of The Star.
The closing quotations viii be
found in the $3.50 edition.
Evening star., 1928-11-16
Money to Loan

Secured oy trst deed OF trust on real estate
PrevaiIiuR interest and commission.
nh1 XNolla- 42O Wash. L. q Trust
JOSSPu VSSt RIdg., 9Th a 2 NV
Evening star., 1928-11-16

the Federal land
B a n ks a n d the
joint stock land
banks continued to
decline during the
quarter ended Sep
t e m Der 80 and
during the first
nine months of the
year, the latest re-
port of the sys-
tenn shows.
Loa ms by the
Federal intermedi-
ate credit banks
showed increases
during both periods
over the preceding
y e ar. b t redis-
counts decreased
Earnings
Evening star., 1928-11-16
Stock Increase Approved.

NEW YORK. November 16 CP.-
Stockholders of Dunhill International,
Inc, of New York have approved the
proposed increase in capital stock to
100000 no par shares from 12aOo0
Evening star., 1928-11-16
LAND BANKS SHOW
LOANS L|QU|DATED
Farmers Borrowings Are Be-
ing Reduced, Report States.
Special Dividend Voted.
BY EDWARD C. STONE.

The farmers of the country are not
borrowing so much money as they did
last year. according to reports to the
Treasury Department. Loans closed by
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
Grain FUTURES
Open SHARPLY
HIGHER IN PITS
Wheat Leads Bulge Is
Prompted by Moisture
Lack in Western Fields.
By United Press

By CntJed PfeS8
CHICAGO, April 25.-All grains
opened with another sharp bulge
on the Board of Trade today, wheat
leading the upturn. The winter
wheat situation still dominated the
market, and lack of moisture in
the West prompted the advance.
Opening figures were: Wheat, rs
to IL cents higher; corn, * to l
cent higher, and oats Is to IA cent
up. Provisions opened practically
unchanged.
Kansas and Nebraska winter
wheat failed 10 receive the expected
moisture overnight, and the crop
scare factor was in full operation
again this morning. Most of the
buying orders came from outside
points, local professional traders
pressing the market with sales on
the bulge.
Corn'S advance was mainly on the
influence of wheat, and the lighter
country offerings. Heavy industrial
buying of cash corn still helps to
hold prices firm.
Oats were bought on every little
dip. Unfavorable weather and re-
ports Of serious damage to newly
seeded oats gave the market a
strong tone.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
INDIANA STATE ANNUAL
TO PRESENT CARNIVAL
School Yearbook Will Offer Enter
tainment Saturday.
BB Times Special
mnDDT HATTT

BY IthleS SPECIAL
TERRE HAUTE, Ind, April 25..-
Students of Indiana State here will
attend, carnival sponsored by the
Sycamore, school annual Saturday.
The affair is under general chair
manship of Miss Florence Dodge,
Terre Haute, assisted by William
May, Sullivan, Queen" contest di-
rector; Gertrude Cusick, Greencas-
tie, jitney dance chairman; o. c..
Connolly, Terre Haute, supervisor
of side shows; Maybelle Stewart,
Terre Haute, proprieteSs of the
Night Club, and Loyla Miller, Jason
vile; Ray Price, Linton, and Her.
schell Lammey, Midland.
The yearbook will sponsor also a
Booster week in May. Ethel Dia-
mond, Gary, and Max Allen, Terre
Haute, are joint chairmen.
Max Allen, business manager of
the Sycamore, has issued these sta
tistics to the students this week
showing the business status of the
book. Total number of subscribers,
excluding seniors, is 359.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
Marriage Licenses

Albert NJ Miller, %, Benefits Switch,
crew manager. and Gladys H. Rody, 81. of
1920 Broadway, sa 'eslady,
Harry Ward Williams, 26, Of Chicago,
railroad employe, and Mary Elizabeth
Steppe, 25, of 3543 Kenwood Ave.
Paul F. Moseman, 80, Columbus, Ohio,
salesman, and Regina G. Sedler, rs, of 931
Oakland Ave.
of SO S. Oriental St. domestic.
John Francis Mccain. So. of 22l5 n.
Q. DTury, 80, Of 1425 Brookside Parkway.
railway employee.
Joseph Blair Daugherty, %. of 2459
Martha cambridge oliver. 26. of 1912 N.
Meridian St., instructor in English.
Fritz Remshardt, 25, Heilbroun. Ger
many. manufacturer, and Ada Payne. 3d.
of 2901 N. Meridian st.
Herbert Kitchen Grant. 90. fire insur-
enfs special c asa o pnkA ar 9 HIe nd
son Ave, SaleSlady.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
In the Stock Market
(By Thomson & McKinnonl

NEW YORK, April 25.-In this,
as in every other market, the down.
ward course of prices is halted from
time to time by short upswing in
the speculative favorites. However,
one outstanding factor of the mo-
ment which will clearly point out
the main trend occurred Tuesday
when twenty stocks accounted for
more than one-tlird of the total
trading. Coupled to this is found
that in the past few weeks the ma
jority of stocks closed the week at
a net loss. Hence, it is manifest
that liquidation on strength is the
only course to pursue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
Graduates to Give Play
BIZ Times Speciol


GREENFIELD, Ind, April u.s.
''The Three Graces" has been
chosen as the play for presentation
by this years graduating class of
Greenfield High School. 1t will be
given Thursday and Friday nights.
Baccalaureate services will be held
for the class May q and commence
ment exercises May 90 with Prof.
Raymond Soutz Of Manchester Col
1ege speaking. .........i....L.....,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
N. Y. Harlem Scars

BIZ United Press
NEW YORK, April 25.-New York
& Harlem stock scared $157 to $3.50
in the early afternoon trading on
the Stock Exchange today. At $3.50
the issue was $282 above the low
for the year. OF this gain the ad-
vance Of the last three days to-
tailed $3.50. The rise in the stock
is said to be based on expectation
Of litigation over the lease of the
road held by New York Central.
Central in 873 leased the road for
401 years, paying as rental the Har-
LENS taxes, bond interest and di-
vidends Of 10 per cent or SIS a
share annually on both classes Of
stock.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25

played against the
elements of life as
well as the tlleater.
It may be just mel
odrama as we
understand it to-
day but it is the
polite brand with
brains, wit and
showmanship be-
hind it. 1t has
conversation that
gives the actor a
chance to keep
complete charac-
terization of the
subject under con-
Sideration. T h G
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25

AVeSIdaagez OF twenty lnQuStr1aIs IueSoay
rails was 14O.75. up SO. Average Of forty
bonds was 1898. OFF 10.
By United Press
NEW YORK, April 25.--Prices at
the opening of the stock market
were confused with U. S. Steel and
General Motors both selling lower,
a long list of induStrials strong and
rails and oils firm.
In the early dealings, steel re-
covered from its opening price of
i4434, off 1, to 1861, and General
Motors, after an initial break of
~ to 1876, came back to 1875. This
strength kept up enthusiasm in other
induStrialS. Delaware & Hudson
scared AS to 2174 at the opening
and then spurted sensationally to
221. New York, Ontario and West
ern rose Us to new high at 347s.
Tobacco Steady
Mexican Seaboard featured the
oils, rising to a new high. Tobac-
cos held about steady. Schultz
Spurted q to IS on announcement
Of 2 per cent stock dividend. Pub
lie service gained 31s. General Elec-
trio dropped from a strong opening
on its first quarter earnings report.
Wright aero rose 2 points.
Describing the market, the Wall
Street Journals financial review to-
day said:
profit taking came into Steel and
General Motors in the early deal
ings on the good news contained in
their earnings statements for the
first quarter. However, heaviness
in the induStrials was offset by fur
ther gains in the principal rails.
Strength in the carrier group con-
verged on the shares of eastern
lines, leading to the expectation of
further developments in the eastern
trunk line merger.
Trading Stimulated
Trading picked up activity in the
late morning under the stimulus of
a broad buying movement in the
rail group based on higher earn
ings, particularly in the Northwest
and on the prospect Of developments
in the eastern trunk line situation
New York Central made new
high record at 1874, up 81 points.
New York, Ontario, and Western
was a leader of the low priced rails,
mounting to 35, against Tuesdays
low of 2955. This road would fit
well into the proposed new eastern
trunk line. It's strength was at
tributed to competitive bidding.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
Water Company Asks Court Curb

The Vincennes Water Supply
Company, Vincennes, Ind, filed a
suit in Federal Court Tuesday
against the public service commits
sion of Indiana, asking an injunc-
ton against enforcement of a rate
order issued by the commission,
April 20. The suit charges the COM
mission granted an increase over
previous rates, but failed to grant
the rate asked,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25

play moves in the modern Thought
as easily as if it were written for
those who buy the first nights in
New York. 1t is trite to say that it
is powerfully written and peopled
by characters who live. 1t is CONF
plete entertainment, made more so
by certain members Of the cast that
Tyler has assembled.
Let us get to the cast in this way.
First, I have a weakness, lots of EN-,
but here is one that l confess.
Meaning Cecilia LOTUS. She can
90 the darndest things with her
hands and her voice and even her
costume at any time. And yet she
has the tradition and the history
of the stage behind her. She is now
free. She is now Cecilia LOTUS as
individual before an audience as
Mrs. Fiske or Leslie Garter. The
Madame Ia Marquise de Rio-Zares
was played by LOTUS with that loud
and yet understanding of character
which makes any women desire to
get into Monte Carlo broke and
get out of that gambling joint with
out losing her daughter unless she
money with the hope that
there might be love at some time.
Such character is continental.
Such a woman has pathos and such
q woman has moods. Such woman
has fear. Such a woman is just
a noise. All of these qualities are
caught in the characterization that
Miss Lotus presents,
Then there is the work of Will
liam Faversham. Here is one man
(and there are not many now who
can wear clothes on the stage with
the meaning of the mood expressed
as we'll as the spoken word. To me,
Faversham last night was the great
artist, something he has not been to
me for years. I have found fault
with this man because I thought
at times that he was wasted in bad
plays, a few Of 'em. But last night
he erased that memory.
Frances Starr and Rollo Peters
really carry the plot and the emo
lions of this play. Miss Starr has
that beauty of voice that one aSSo-
ciates with a thinker. In her third
act she does not become the wild
thing pounding on the door. She
pounds. She cries out from the
soul, but she never yells. When she
falls, she does not stagger near the
footlights or where they should be,
but she falls near the scene of &C
tion-yards away from the foot
lights. And she builds you up to
this tremendous scene. She never
overacts. She does not have to. a
complete triumph.
The work Of Rollo Peters is
mighty interesting, as it reveals
even a different school of acting
than the others I have mentioned.
He rises to splendid dramatic
heights, but he never oyerdoes it.
When he speaks, you understand
the mood. You never question it.
And Of a different school of acting
is the work of Jacob Ben-Ami, a
man who knows how to use the
pause. Meaning the time when he
stops talking. Even halls, and yet,
that little wait while he attend to
the business of his characterization,
adds to the meaning and even
more complete understanding to
the MENTAL workings or the char
acter. Great acting.
Then there was Margaret Anglin.
Here is a name to remember and
even think about today. 1t was a
fine revelation of the fact last
night that there is no past for this
woman. She was the great Anglin
in the first act and she stopped it
cold. The author should have kept
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
cow KICKS UP BLAZE
Lantern Is Saved, But $1,000 DAM
age Is Done to Barn.
BEATRICE. Neb., April 25.-1

BEATRICE, Neb., April 25.-The
ghost of Mrs. O'Leary's COW came
to Nebraska the other day and
caused $4,000 damage to buildings
on the Kennedy farm near Fair
bury. The COW that kicked over a
mixers lantern was saved as was
other stock in the barn
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
PORKERS REST
IN UNCHANGED
MARKET today
Calves Drop so Cents; Beef
Cows Strong; Other
Material Steady.

After the steady march upward
which lasted more than a week at
the Union Stockyards, hogs were
unchanged today with the top at
5000. Material in the bulk of all
weights sold at $975 and higher.
Receipts were about 1000.
Calves dropped so cents and other
material was mostly steady.
The market opened strong to 10
cents higher at Chicago, with the
best material selling at $3.50 to
$1055. Some strictly choice ami
mails we're held higher. There were
$4,000 fresh run animals and 1000
Packing SOws Up
Packing Sows advanced IS cents
on the top for the only change in
the hog division on the local mar
ket. They were selling at $8.25C0
925. Other quotations are: 250-350
pounds, $101001070; 20O-250
pounds, $1060@10.70; 10000
pounds, $10.25@1 1865; 130-160
pounds, $975Q1025; 9O-130 pounds,
$8.25@9.50.
Beef cows were 81 higher on the
top end of the range, selling at So
oil, and others were unchanged.
Receipts were estimated at 1850.
Beef steers were $1150@13.50. Low
cutter and cutter COWS brought
$5.50@7.25, and bulk stock and
feeder steers went at S7.500950.
Calves Drop Half Dollar
Best Vealers sold at $14@15, a loss
of so cents on the top, and heavy
calves brought $650@10. There were
/ 200 animals received at the yards.
Sheep and lambs remained I'M
changed with 200 animals in the
pens. The top was SIT and bulk fat
lambs brought $14016. Bulk culls
were $750@1150 and fat ewes sold
at $6.50Q9.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25
GEORGE v HAS PARROT
Charlotte Shows Only Contempt for
Kings Visitors.
BIZ United Press

By United Press
LONDON, April 25.-Buckingham
Palace, besides being the residence
of King George, is inhabited by
Charlotte, the kings parrot.
This fact just has been revealed
to the public.
Charlotte is an elderly, dignifled
bird which has cage in the kings
private sitting room. Usually she
treats her royal masters visitors
with silent contempt. Few are &C
corded the privilege of petting her.
The latest exception to the gen.
eral rule has been made by the
king in favor of his grand-daugh-
ter, Princess Elizabeth, the daugh-
ter of the Duke and Duchess of
York.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-04-25

Observation-Disclosures 81 SO dozen.
paraeus-California, S5.50g7 crate.
Beans = Southern. S4;50q5 hamper:
Texas strlnsless. $50 $50 hamper.
s175.
Brussels SproutS-35M f0c ID.
caTTot5s- california. 81 hve-doz. crate;
~ c-,aiullioVwer&california. s2.75a3 crate.
.Celery--Florida. s3.75G4 crate: Califor-
ma; $500 ~ ; 70 cre e. so
CucumbeTs-mdiana dollhouse, $3.50 for
DO Egg 81 G. $3.50 doz.
Endlye-s1.5O doz. punches.
Kale-$3 barrel.
LeeS--75c bunch.
crdfs Bst6ad5s sa h gs5 $3.50 g.
M Observation-Disclosures SgRl g b. IDS
indiana red and yellow. $3.50 c%t.; new
Texas. yellow. .s3.25 crate; Texas chrystal
oysterplant@45c doz. punches.
Parsley-60c doz. punches: Southern. Csc
bunch.
PeiA = California telephone. s606.5o
PeBpers-Florida mangoes, s45oQ5 crate
$50 lbs. Minnesota Red River Ohios. S3.35
100 lbs: Idaho 50. ITO lbs; Texas. new Sc
Radishes-Ho thouse. button. oocGs1
Southern long red, Csc
RutabagaS- $3.50 per cwt.
Rhubarb-Home grown, soc doz.
Shallots--G0c doz. lunches.
Spinach--Texas, $3.50 bu.
Sweet Potatoes-Indiana JERSEY medi-
ums s2.75 bu.; Indiana Jersey, $3.50 bu.,
Nancy Hail. So hamper.
Tomatoes-s6 50N $50 repacked 6-basket
crate; originals, S3.75G4-75. 80 lbs
MISCELLANEOUS
Cider-s4.5O 6-gal. case: s4.75 doz. half
gal. Jars.
Garic-22c per Id.
Sa5safras-25 q 0c doz, buncheG
SEED STOCK
Onions-Red sets. $3.50. 2 bu.; yellow,
IS SO. 2 bu.: Bermuda plants. white, S3.25
per crate Of 5000; yellow, 50. crate OF
5000.
Minnesota Triumphs. 1918, $50 lbs;
Red River Chios, SO, $50 lbs; Certified
Red River OhioS, S375. 100 lbs.
Sweet Potatoes-Selected indiana Jer-
sceys, $2.75 bu.; Nancy Han, S2.2o bu.
BIZ Times Special
CHICAGO. April 25.-Carlots: Wheat. 80:
corn. AZ, oats, SO; rye, J..