davidaulloa/AmericanStories huggingface dataset:
Evening star., 1928-10-22
Money and Prices
Special pfsnateh to The star.


NEW HAVEN, Conn, October 22.-
Weaker commodity prices increased the
purchasing power of the dollar last week
$40 of cent to 101.1. while the whole
sale price index declined from 99.4 to
$50.
These continual slight weekly increases
and decrease in dollar purchasing power
during recent " IS indicate, as inti-
mated recently, .4iat the country has
enjoyed relative money stability when
compared to the enormous changes in
dollar value between 1879 and 1920.
This comparative stablization lsas re-
suited from an exceptional opportunity
created by the existence of a surplus
gold reserve Of the right size to provide
4 convenient margin, or elbow room,
within which credit control is unham-
pered Such an opportunity where we
have a larger gold reserve than re-
CURED by law, but not large enough to
be unnanageable, never existed before.
Fluctuations in the general wholesale
price level and in the purchasing power
of the dollar are given below for various
periods. The average for the year 1926
is the base used
Evening star., 1928-10-22
COTTON PRICES FIRM
IN EARLY DEALINGS
Market Opens Steady-Selling Alb
sorbed on Reports Of Bad
Weather.
BY the Associated Press.

BY the Associated Press
NEW YORK, October 22.-The cot
ton market opened firm at an advance
of to 13 points, and soon showed net
gains of % to % points, on active buy
ing, which was evidently inspired by
reports of frost in some northern sec
tions of the Southwest.
Predictions of frost agin tonight in
North Texas and for freezing weather
in North Oklahoma stimulated the de-
nand, but the advance met consider
able realizing around 1884 for Decem-
Der, and prices showed reactions of a
few points by the end of the first half
hour Liverpool was lower than due
and was credited WITH selling some cot
ton here on the early advance, but
there was good deal of trade buying,
and realizing sales were absorbed by the
demand from that source or commits
sion house buying. Private cables said
that some London and continental buy
ing had> been supplied by hedging and
liquidation in Liverpool. They also re-
ported a fair inquiry for cloth and
said that yarn production was well
cleared.
Evening star., 1928-10-22
STOCK PRICES GAIN
IN WEEKS TRADING
Every Group Index Registered
Increase Over Preceding
Weeks Figures.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW HAVEN, Conn, October 22.--
New York Stock Exchange prices were
generally higher last week, when every
groups, With an 1112-point index gain,
over the week before. Stores led the
groups with an 1112 point index gain
made possible by higher Montgomery
Ward, Sears Roebuck and National
Bellas Hess quotations. Auto acces-
sories jumped 715 index points, due to
buoyancy of Goodyear Tire. Timken
Roller Bearing and Stewart Warner
prices. The coppers were third, featur-
ing q group price gain of SIG points,
with American Smolting, Federal Min
ing and Smelling and International
Nickel the high spots.
The first and third grade industrials
were about index points higher than
the week before, while the second grade
issues gained more than 2 points.
A compact survey of stock exchange
movements is given below by indexes
and per cent of retrun.
Evening star., 1928-10-22
Farm Agricul- Non-agri-
purchasing tural cultural
power. prices. prices.
Strong Man Trick Explained.

The strong man of the side show
holds an anvil on his chest and his
partner plays a tattoo upon the surface
of the anvil with a heavy sledge ham,
mer Tt invariably creates astonish-
ment and wonder. 1t 9ooks like a mar
velous performance, but 1t is nothing.
ANY man could do it, provided he were
strong enough, in the first place, to
support the heavy anvil. The blows in
f1lcted by the sledge hammer are mega
tive. 1t is scientifically explained as
follows: The anvil strikes the hammer
as forcibly as the hammer strikes the
anvil, and should the anvil be heavier
than the hammer, 1t will not be moved.
Suppose the hammer weighed 10 pounds
and moves with the velocity of Is feet
per second it will strike the. anvil with
force of 160 pounds; but the anvil.
perhaps. weighs 220 pounds, and in con-
sequence 1t will not be moved.
Evening star., 1928-10-22
STOCK PRICE REPORTED.

NEW YORK. October % (P-Price
of s125 Trans-American Corporation
share is understood in Wall Street to
have been fixed as the basis on which
stockholders exchanging Bank of italy
shares may adjust fractions Trading
in the stock is expected shortly.
Evening star., 1928-10-22
Steel Operations.

NEW YORK. October % [Pl-Steel
operations in the Youngstown district
were reported today as at 35 per cent
of capacity, with 49 of So open hearth
furnaces running. In the Chicago dis
trict operations are at 90 per cent Of
canacifv
Evening star., 1928-10-22
SEEKS 1000 BOX CARS.

NEW YORK. October % (P.-The
Buffalo, Rochester & Pittsburgh is re-
ported in the market for 1000 box cars
and 25 locomotives. If the coal busi-
ness warrants it, the railroad will order
1000 coal cars.
Evening star., 1928-10-22
New Rail Service Planned.

NEW YORK, october % tR.-Balti-
more g. Ohio Railroad is to start
24-hour rail service between Mime
apolis and Washington. The company
has signed contract with the North
west Airways. me-
Evening star., 1928-10-22
FARM BUYING POWER.
Agricultural Dollar Drops Nearly
Two Index Points.

NEW HAVEN, Conn, october %
(Special) Farm purchasing power
dropped nearly two index points last
week and now registers, 1085. the low
est in many months. Falling beef
steers, hogs, corn and wheat price lev
els considerably counterbalanced price
gains in potatoes, eggs, cotton and milk.
The non-agricultural index fell
slightly.
Index numbers OF farm purchasing
power and Of agricultural and nom
agricultural prices for various periods
are given in the following table in
which the average for 1926 represents
100:
Evening star., 1928-10-22
AUTO PRODUCTION DROPS.

The automobile production factory
sales) in the United States in Septern-
ber was 413,722 cars, of which 358,872
were passenger machines and 54,850
trucks, falling ioff from the August
production of 461, 1856 passenger cars
and trucks. In September. 1927, the
total production was only 260,387 cars.
Septembers production, which rep
resented factory sales as reported by
1855 manufacturers, brought the total
for the first nine months of 1923 to
3,469,075 cars. compared with 2,s06,672.
for the same period of 1927.
Evening star., 1928-10-22


oroIn has huge holdings in India, Per-
sia and South America, and is III po-
sition to interfere seriously With any
nIans for control of foreign outputs
and markets with which it is not IN ac-
cord, despite the fact that one OF tne
Anplo-Persian subsidiaries has recenIiy
acquired quite block of shares IN the
shell Union Co., subsidiary OF Royal
The output from South America IS
steadily increasing, and no small par
of This production is so independent OF
the main groups that its control mas
not been found feasible so far.
Even the control of productlon IN lils
United States and Mexico is q proo-
lem Delegates at Tulsa are looking
forward to stepping up output IN Cnls rs
country rather than diminishing IL 10
hold the price up Many believe the
nro-rating of pipe line runs IN the
Southwest will shortly cease.
The pessimism which has marked the
industry for year or more has gwen
way to mild enthusiasm. There IS talK
of an increase in price OF Mid~Con-
finent crude. Pipe mills in Pennsyl-
vania and Ohio are working at over
so per cent of capacity to supply the
demand for materials for new drilling.
Competition Is Keen.
The Royal Dutch, with heavy Amer
lean holdings through its subsidiaries,
probably viii be too fully engaged with
competition here to attempt control,
alone or with others, of foreign produc-
ton and markets.
Many delegates anticipate that Amer
ican companies holding concessions IN
South America will press production
there to compete in foreign markets
with the huge volume Of foreign pro-
duced oil, and that thus world ,produc-
tion will be increased rather than re-
tarded. Nonetheless, most Of the men
engaged in it are optimistic over the
oil situation.
Evening star., 1928-10-22
NEW YORK CURB MARKET
asceived by Private Wire Direct to The Star Office


Following is list of stocks Ss,d
bonds traded in on the New York Curb
Market today:
Evening star., 1928-10-22
WORLD OIL CARTEL
IS HELD UNLIKELY
Commercial and Racial Rival
ries Declared Too Great
for Combine.

special plEBhtCn 10 4AR GtdE'
NEW YORK, october 22.--Control Of
world petroleum production and ap-
portionn1ent of foreign markets between
American and British oil interests is
not likely. That is the opinion eX-
pressed today by many of the delegates
representing 30 nations gathered at
Tulsa, Okla, for the International Pc
troleum Exposition and Congress. Any
cartel formed for that purpose is bound
to- go to pieces soon on the rocks of
animosity and racial, as we'll as COM
mercial, rivalry
AS was expected, any threat of open
war between the Standard Oil OF New
York group and the Royal Dutch co.
has petered out Conditions in the IN
dustry do not lend themselves to SUCH
conflict at this time. It is understood
that this was recognized at the recent
discussions between Walter G. Teagie
of the Standard of New jersey and Slr
Henri Deterding of the Royal Dutch.
But there is also Russia, with huge sup
plies of oil, to reckon with. Russia mas
a contract to supply crude TO- the
STANDARD of New York, and can throw
large tonnage on the market on its own
account,
Evening star., 1928-10-22

! People In Ahyssinia depend on weekly.
markets to do their shopping.
Evening star., 1928-10-22
Fnreirn Pricfs.

tcoypright, 1928, by Irving Fishcr)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
LABOR DAY MARKS
WORKERS ADVANCE

cessities of wage workers. The
Nationwide scope of this voluntary
army of millions of working men
and women is proof that there are
deep-seated causes for their unity.
Two questions of major interest
to trade unioniSts this Labor day
are the misuse of the injunction
writ and the mechanization of in
dustry. Labor will carry its opposi-
ton to the injunction misuse into
this falls campaign. Candidates for
both branches of Congress will be
asked to state their position on a
writ that Classics human beings
who work for wages with a connmod-
ity that is subject to the laws of
trade.
The mechanization of industry is
the outstanding problem in the eco
nomic field. Observers agree with
labor that this country is "over en-
gined."
We are producing more than We
can consume. Higher wages and
shorter hours appear to us to be the
solution. We will continue to empha-
size the Importance of these two
issues while urging the doctrine OF
self help, organization and educa-
ton among all wage workers, re-
CARELESS Of race, sex or creed,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
MISS SARA YOUTSEY
CLAIMED BY DEATH

Funeral services for Miss Sara c.
Youtsey, 8, who died at her home,
SIS N. Bancroft ST., Sunday. will be
held at the home Monday at
O'Clock. Burial will take place in
Crown Hill cemetery.
Miss Youtsey taught in the Indi-
annapolis public schools more than
fifty years and held the distinction
of never being tardy. She taught at
school No. 20 thirty years.
She was born in Indianapolis and
attended the Indianapolis Normal
College previous to teaching. She
retired from active teaching at the
close of last school year.
The Rev. U. S. Clutton, pastor of
the Tuxedo Baptist Church, of
which the deceased was a member,
and the Rev. w. P. Pierce, Kokomo,
will officiate at the services Mon
day. Surviving Miss Youtsey are
three sisters, Mrs. Lucy Hamilton
and Mrs. Laura Youtsey Clark, In
dianapolis, and Mrs. Emma Rich
ards, East Chicago
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03

of-Dr. Ada Schweitzer, director of
the child hygiene department of the
State health board. Playing equip
ment and a nursery are in the
building. Babies can be left there
by mothers wanting to see the fair
unincumbered. Officials, however,
require mothers to return every hour
to see that their babies are being
cared for to their satisfaction.
n
The State department of con-
Servation has an unusual exhibit
of the European corn borer. This
is under the direction of State
Entomologist Frank N. Wallace,
who said farmers will be able to
obtain a clear idea of how much
damage the pest is doing.
Governor Ed Jackson, Mrs. Jack
son and their children attended the
fair Saturday afternoon. The Gov
ernor recently returned from his
vacation. He spent the afternoon
in the grand stand as an interested
spectator of the Grand Circuit races.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
FATHER, SON MAY
RETURN FOR TRIAL

Sheriff John Spearman of How
ard county has returned from Flor
ida where he put up a strenuous
fight for return of the Arnolds. He
won from Gov. John w. Martin
papers for their extradition. Then
father and son asked a writ of
habeas corpus. It was denied. The
next move was the application for
the writ of error. In this they
were only partially successful. AS
matter of course, the application
was allowed, but the court ruled
that pending a hearing, the two
could not give bond, and both are
now prisoners in the st. Johns
county Jail.
The sheriff at st. Augustine has
strict instructions from Spearman,
he says, that the Arnolds are to
remain in custody.
1t is rumored that rather than
stay in Jail until Jan. 8. the Arm
Dolds are seeking to give bond in
Howard Circuit court following re-
gt11u nS1St .s.,t- -. - l. -. - "A
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
GAS STATION ROBBED
Two Men in Old Ford Sedan
Are Sought.

Basil Fender, $500 E. Twenty
fifth St., attendant at the st. Clair
filling station, South st. and Ken
lucky Ave-, was robbed of $35 at
$3.50 p. m. Sunday, by two men in
an old Ford sedan.
William Ballard, 2447 Jackson St.,
said he was robbed at 392 Ellsworth
st. of $6.45 Saturday night. Will
liam Brown, 312 Blackford St., and
Ballard Wooden, and Robert
Wooden, of Negroes, we're arrested.
Ella May Willis, 1872 Ellsworth St.,
and Charles May Perry, 3181s In
diana Ave-, Negro women also were
held.
Harry Porter, 27o6 Bellefontaine
ST., driver for the Yellow Cab
Company. said two men robbed him
Of SIS Saturday night.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
HOMER ENTERS
PLEA OF GUILTY
ParoIed Convict Admits
IS Robberies.

Leslie Homer, So. Lebanon, par
oiled convict who admitted to police
fifteen robheries. entered plea of
guilty to automobile banditry when
arraigned before Criminal Judge
Dan Collins today. He is to be sem
fenced later.
Mrs. Bessie Shaw Gipprich, man.
ager of the Green Mill roadhouse,
where Terrence King was slain sew
eral weeks ago, was to be arraigned
on charge of maintaining a nuis-
ance.
When Walter Gakstetter. charged
with chicken thefts, complained
that his attorney, T. Ernest Ma
holm, had increased the price for
his services from $50 to $500, and
then failed to appear in court this
morning, Collins ordered the attor-
ney into court to explain.
Gastetter said when he explained
to Maholm that he did not have
$500 for fees Maholm persuaded him
to assign an $3.50 ring.
Maholm appeared later and at
tempted to file an insanity for Oak
stetter, which Collins refused to &C
cept, although Maholp1 said Gas
ketters' father, a Methodist min
lister, who retained him, wished the
plea entered.
Gakstetter said he did not wish
Maholm's services further and
wanted his ring back. Collins said
this should be settled between Oak
stetter and his attorney.
Collins recalled sending Gakstet-
ter to the State farm several years
ago and remarked: THAT was the
only time they had a good cook at
the farm"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
TEACHERS TO MEET
Annual Sessions to Be Held
on Fast Time.

Sessions of the annual Indianap-
oils teachers meeting starting
Tuesday will be held on daylight
savings time, Charles F. Miller, SUI
perintendent, announced today.
Miller said he had received many
queries from teachers in regard to
whether fast or slow time would
be used.
The four-day session will be at
tended by approximately 1900 city
public school teachers who will Or
ganize their work for the opening
of schools Sept. 10.
The program will include adj
dresses by DR.. Earl E. Harper, new
president of Evansville College, and
DR.. Frank B. Pearson, Ohio State
University.
DR.. Pearson's subjects for his
two addresses, Tuesday and Thurs
day, will be 1.-THE Master Amer
leans" and "The Era of World
Building"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
BURGLARS Get
LITTLE reward
One Thief FIeeS as Home.
Owner Returns.

When Donald Rosdick, 425 N. b.
sart Ave, returned home Sunday
night he discovered a burglar had
entered his house through a side
window and ransacked every room.
AS he turned on the lights, man
ran south on Bosart Ave. Fosdick
reported q watch, a pearl-handled
knife and so cents had been stolen.
Ralph W. Smith, 4724 E New
York st., returned home late Sun
day night and found a burglar had
unlocked a rear door. Every room
was ransacked, but nothing was
missing.
Lloyd Brown, 10, Negro, was ar
rested Saturday night, charged with
stealing an alarm clock from the
Hook drug store, Pennsylvania and
Ohio SITS. Brown had left the store,
but was captured by Howard Cring,
1925 Central Ave.
Burglars broke a panel from the
rear door of the H. M. Meyers
grocery, 971 w. Thirtieth St., early
today. One hundred fifty pennies
were stolen. The burglars also car
ried away three cartons Of cigarets,
valued at $432.
Thieves entered a new house at
1852 LIE Grande Ave. and took four
teen new window shades Sunday
night. Fred L. Palmer, 4544 N. Me-
ridian St., told 2 )lice.
The home Of Mrs. william
Spreech, R. r. H. Box 1856, yielded
watch, radio tubes, blankets and
house slippers. all valued at 500, to
burglars who entered Saturday
night.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
Election of ArkanSanS to
State Jobs Held PraC-
tiCaIIy Sure.
ByNEA Serrice

By NEA Service
LITTLE ROCK, Ark, Sept. g.
The Arkansas electorate is prepar-
ing to put into Office two men who
probably have overcome more han
dicaps than any other pair of Office
seekers on record.
One of them is j. oscar Hum
phrey, Democratic nominee for
State auditor, who has been arm
less since he was 6.
The other is Earl Page, Demo-
cratic nominee for commissioner OF
mines, manufactures and agricul-
ture, who has been legless since he
was 5.
Both won their nominations at
the last primaries over a large field
of veteran opponents, and since the
Democratic nomination in Arkansas
is almost invariably equivalent to
election, their friends are taking ii
as foregone conclusion that the
men will take Office next winter.
Taught School
Humphrey, when a boy on his
fathers farm, had both arms
mangled in an old-fashioned cotton
gin so that they had to be ampu-
tated above the elbows. When he
was IS his father died, leaving a
widow and two children, but little
money
Humphreys at once began pre-
pairing to be the support of the
family,
He already had learned how to
write, by holding the pen between
stub of his arm and his cheek.
With few simple appliances he
also had learned to feed himself,
to chop with an ak, to saw, to fish
and shoot. Now he went to school
and learned how to operate type
writer and adding machine. Teach
ing school to pay his way, he man
aged to complete two years of col
ICSC WOIh bClOlC 4lC NCSAQCA w
launch his career.
He started as a school teacher,
and became q good one. After
twelve years of this he entered poll
tics, serving two years as county tax
assessor and four terms as county
treasurer. This summer he entered
the State lists for the first time.
He is married, drives his own
automobile and is an ardent hunter
and fisher.
Stories Similar
Pages story is strangely SIM
liar.
AS boy he fell from an apple
tree on his fathers farm. The
fall injured both legs and left
them permanently crippled.
In his boyhood he had a pei
goat. and he rugged up a harness
for it, attached it to little cart
and had a means of locomotion
Buying a stock of newspapers
popcorn and peanuts, he drove his
little goat cart about his native
village of Belleville, peddling them;
with the proceeds he put himself
through high school and business
college.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03

10 LOSE LIVES
IN WEEKEND
AUTO CRASHES
Many Others Are Injured
in Accidents in
Indiana.

Mishaps with automobiles claimed
a toll of ten lives in Indiana over
the weekend. Many others were
injured in traffic accidents.
Two were killed and a score in
jured in the Calumet district. Mary
Edginton, 10, of Gary, was killed
when she stepped in front Of an
automobile. James Houe, 81, of In
diana Harbor, was killed by a. hit
and-run driver. His body was found
on the Industrial highway near
here.
James Hodges, So, of Bedford,
died in Dunn Memorial Hospital
there Sunday, a few hours after his
auto ran off a culvert and turned
over near Owensburg.
Walter Axe, Terre Haute dirt
track driver, was injured fatally
Sunday when his car skidded and
crashed through the fence at the
Jungle Park speedway, north of
Terre Haute.
Herman, 11-year-old son Of Mr.
and Mrs. Herbert Alexander of
Knightstown, was killed at Con-
nersville when rundown in front of
Fayette Memorial Hospital after
alighting from bus. The boy was
returning to the hospital to visit his
grandmother after attending Sun
day school.
Howard Haskins, 81, Aurora, III,
fatally was injured near Columbia
City when his motorcycle crashed
headon with an auto. Witnesses
said his cycle had no headlight
when the collision occurred early in
the morning.
Drinking alcohol boiled from
canned heat is blamed for the auto
accident causing the death of John
Reynolds. 35, of Bluffton, near that
city. Reynolds and two companions
we're returning from a fishing trip
to FIT. Wayne, when the car driven
by Reynolds, went off the pave
ment.
Alma Wetzel, So, Pittsburgh, was
killed Sunday afternoon when the
car in which she was riding crashed
into telephone pole near Stiles
vile, Ind.
Two Indianapolis persons we're
killed in motor crashes Sunday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-09-03
JUMPS IN PARACHUTE;
BALLOON KEEPS GOING
Riverside Spectators Surprised After
Safety Measure.


Thousands of persons all over In
dianapolis and Marion County got
sore necks Sunday afternoon gazing
into the sky at the strange behavior
of the balloon sent up from the
Riverside amusement park.
Ordinarily the balloon, which as
cends each Sunday afternoon into
the sky carrying a parachute jump
er, turns over as soon as the jumper
has cut loose and usually beats the
aeronaut to earth.
Sunday afternoon, however, the
big hot air bag remained in an up
right position and, heading north
east, apparently decided to try for
a long distance record, finally land
ing ten miles from the city.
The usual sand bag attached to
the top of the balloon for the ex-
press purpose of invsrting the bag
as soon as the human freight leaves
it was left off Sunday afternoon as
a safety measure.
A week ago the balloon, which
weighs over four hundred pounds,
narrowly missed the parachute
jumper as it fell to earth, one of
the loose balloon ropes scraping the
chute.
Miss Hazel Bruce, who made the
trip into the clouds Sunday after
noon, insisted that she be given the
right of way, so the big bag was
allowed to continue its upright
course.