davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01

A.. average Of twenty, industrials for Mon
t%snty = rails vas rs sS 5'6 on Ay6sraEs v. Of
age Of forty bond was 92.sl. on %.
BIZ United Prcss
NEW YORK. Oct. Stocks broke
precipitately again today under
flood Of selling orders from all sec
tons OF the country. This flood car
ried pivotal shares to further new
low levels on the current movement
After a fairly steady opening
, stocks were dumped on the market
ofwith little regard to prices around
, IL o'clock and before noon losses
I ranging from a point to nearly 20
points were forced in the principal
trading stocks, with acute weakness
developing in International Tele-
/, phone, International Combustion. A.
yeM. Byers and other leaders of the
torecent forward movement.
Z United States Steel broke to
further new low on the current
movement at 220. of more than 40
points from its recent high, and
proportionate breaks occurred in
Anaconda, United orporatiOn. Con-
Soiidated Gas, Simmons Company
and New York Central.
Auburn Down IA
Auburn Auto slumped II points or
small transactions, while American
and Foreign Power broke more than
8 points. Lesser declines were ex-
perienced by Manville and
Montgomery Ward, the latter selling
of easily.
Stop-loSs orders were touched off
In large volume on the decline,
adding momentum to the downward
movement, which wiped out a num-
Der of weakened margin accounts.
Bearish professionals seized the OPP
portunity to resume attack on special
issues and the market as a whole
displayed an exceedingly heavy tone
around noon.
A severe attack was made on In
ternational Combustion, which
quickly caused great uneasinesS in
speculative quarters. International
Combustion was forced down more
than 5 points to a new low for the
year on reports that the company
was contemplating additional stock
financing, to allow further develop
nent work on its low distillation
process.
Aggressive Attacks Made
This selling soon spread to other
ctions of the list and aggressive
tacks were made on Consolidated
iaS, Public Service of New Jersey,
Baltimore & Ohio, Union Carbide
and other leaders, although recess
sions in these issues generally were
held to less than points.
Further declining tendencies re-
suited in a uniformly bearish feel
ing in commission house circles.
Slackening tendencies were noticed
in business conditions by the Ma
tiona City banks review of economic
conditions, while the Standard
Statistics Company, in a review of
security markets, stated that it
'1acks faith in the present structure
of the stock prices"
These Developments increased APP
prehension in many circles and in
duced widespread liquidation of the
principal trading stocks. Possible
ties of a furry in call money over
the next few days was another fac
tor in the unsettlement in the gen.
eraI market.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
Additional
Sports
CALDWELL AT CENTER

Coach Roper Makes Another Ex-
pertinent in Tiger Line.
BIZ United Press
PRINCETON, N. j.. Oct 1.-Cald-
well was sent to the Princeton cen
ter position Monday. Coach Roper
has tried Yeckley, Blackstone and
Mestres at the pivot. Chuck Howe,
last years star center, has been
sorely missed. The varsity made
three touchdowns in a twenty-m min
ute scrimmage period.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
TREASURY STATEMENT

BIZ United Press
WASHINGTON Oct. - The treasury
net balance on Sept. Is. S47.35S. SO: Gus
toms receipts for the month to the same
dsv were $50. o55. s5S. %
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
PROSPERITY IS
vISIONED FOR
Grain GROWER
New Farmer Corporation
HeraIded as Hope of
Middle West.

RU Times NbCci0I
PHILADELPHIA, Oct. 1.-THE
Farmers National Grain Corpora
ton, now being formed as the first
great cooperative body sponsored
by the new federal farm board, will
be in position to bring immediate
prosperity to the vast middle west
wheat belt, provided it can begin
operations with this years crop.
Such is the view of B. w. Snow,
crop and market analyst, expressed
in the October issue of the Farm
Journal, national agricultural
monthly.
THE plan is to be tried Just at
time when the forces of nature are
aligned as allies" says Mr.. Snow,
and the immediate call is for speed
in getting the cooperative ma
chinery under way, to take advan-
tage of prevailing conditions.
If the grain corporation is ready
to get into action soon, it will fird
a very moderate wheat crop surplus
in the United States and a world
deficiency III the new crop" the
analyst observes. Instead of being
launched into a buyers market with
a supply above all needs and wheat
hard to sell, it will begin to function
in a sellers market where demand
OutrunS supply.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01

DETROIT, Oct. directors of the
ICED expansion of facilities on the Crosse
lie airport that will make. it one of the
most complete in the world. it was an
nounced today by E. s. Evans, president.
Evans stated that under the plan, the
corporation. will build seaplane hangers.
add dock facilities. A unique system of
landing lights is practically installed This
will make the Crosse lie airport facilities
complete Tor flying boats and amphibians
as well as for land planes
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
Control Is Given.

"Under these conditions, the abil-
ity to control the volume of actual
wheat and to merchandise it in a
market where there are more buyers
than sellers ought certainly to carry
with it the power largely to deter
mine prices.
"A second factor also favors the
movement because it decreases the
burden of cash wi GO '' # the COR
poration must carry to or = The
present American whea' has
been shipped from the nd is
stored at the terminals extent
perhaps never before ecS ID.
This rush to market was in vol
ume far beyond needs of consumers.
Hence the buying of wheat to store
and carry because an attractive
speculative venture A large part of
the wheat visible in primary mar
ketS has been bought at a discount
under futures and hedged for de-
livery in December or May at price
that includes full storar~ charges.
Can Dictate Pri e.
"This will not be marketed until
consumers are prepared to pay
price that nets a profit above carry
ing charges. Thus when the export
demand comes, it will have to be
met out of current arrivals as far
as possible. If, therefore, the grain
corporation is ready to take on such
receipts as they arrive, it goes into
position where it can dictate the
export price, at least as long as the
foreign buyer can not satisfy his
needs in another market"
The grain corporation, therefore,
is protected in the beginning from
competition with a large part of the
current visible supply, with the bur-
den only of taking care of the small
new current arrivals, to be doled
out to export buyers, The Farm
Journal article concludes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
BB United Press

CLEVELAND, Oct. -Butter-Extras.
49c; extra frsts, 44c; seconds, 43c. Eggs
Extras. 47c; f1rsts, 39c; ordinaries, 30c.
Leghorns. 20022c; Leghorn broilers. a
26c; ducks. 22@25c; old cocks, 17Q18c %
tatoes-Ohio per 150-lb. sack, S4@4l5;
s4.35; Idaho russets per 16O-lb sack, So. rs;
home grown per bushel sack, S1.60@1.65.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01

NEW YORK, Oct. 1.-RayOn produc-
ton in the United States for the year
1929 will reach a total of 131 ,325, 900
pounds, Textile World reports. Total
year is placed at r. $3.50. 900 pounds The
estimated total for 1929 will exceed last
years production volume by more than
SO, 600, 600 pounds
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
Banks and Exchange
CHICAGO STATEMENT

INDIANAPOLIS STATEMENT
Indianapolis bank c!earingS Oct.
Z, 436, GOO; debts. IS. 62S coo.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
Ru Times Special

LOUISVILLE. KY, Oct. 1.-Hogs-Re-
cetpts, 500; market. 30c lower; mediums
treme heavies. $50 lbs. up, $3.50; pigs,
1870 lbs. down, Sc. 1O@7.35: stays and throw
outs, $6.60@7.20. Cattle-Receipts, 100;
market, steady; prime heavy steers, Sill SO
@13; heavy shipping steers, SO 5Om11 so;
medium and plain steers, $S.5o@9.5o; fat
heifers, s7.50@11.50; good to choice cows,
tiers. $5.50Q6; Gamers. $45O@5.25; bulls,
$668.5O; feeders, $8.5O@10.75; stockers,
$500 1880. Calves-Receipts, 300; market
soc lower; fancy calves, $f4 so; medium to
good, $500 15o good to choice $1,000
IA outs, $3.50 down. Sheep-Receipts, 100;
market, steady; ewes and wethers, $12;
$4G5. Mondays shipments: Cattle, 1924;
calves, 954; hogs, 470; sheep, none.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01
NEW YORK STATEMENT

BIZ United Press
CHICAGO. oct. Bank cleaTings,
sl6f, 400. 900; balances, S13 OO0. 600.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01

commission.
Second session of the five-night
INSTRUMENTATION training school
of religious education will be held
tonight at the Central Christian
church. The meetings are under
auspices of the Marion County Re
ligiouS Education and Ministerial
Associations.
Monthly meeting of the Marion
County Good Government Club will
be held in the Travertine room at
the Lincoln at 8 p. m. Wednesday
with Delbert 0. Wilmeth as prin-
cipal speaker. A district meeting of
the club was held Monday night at
2728 North Sherman drive. How
ard Meyers, attorney, spoke.
The Irvington Republican Club,
5446 East Washington street, was
addressed by William H. Settle,
president of the Indiana Farm
Bureau, Monday night. Vinson H.
Manifold presided.
Program for the Marion county
w. c. T. u. meeting, to be held in
the West Washington Street NJ. E.
church tonight, will include a
declamatory contest, conducted by
Mrs. Mae Boyl Brown.
George Porter, II, of 2549 North
New Jersey street, was arrested
Monday night, charged with carry
ing a concealed weapon.
James Whitcomb Riley day will be
observed Wednesday by the KiWanis
Club in the Riley room of the Clay
pool with musical program and
dramatic readings by Barton Pogue
of Upland, head of the school of
expression of Taylor university.
Pogue will recite Riley's poems.
"AimS of the Federal Reserve Sys-
tenn" were discussed by L. A. Wxes,
vice-president of the Fletcher Saw
ings and Trust company, at the
luncheon of the Universal Club to-
day at the Columbia Club.
Helen Lawson, S, of 1915 West
New York street. fractured wrist
when she tumbled twenty feet from
the second story of her home to. the
ground Monday afternoon. She is
in city hospital.
Trials and hardShips of mans
life will be told by Ira S. Bassett.
evangelist. tonight at Cadle taber-
nacle. Bassett's subject will be
From the Cradle to the Grave"
DR.. Farley hartman of Winona
Lake, Ind, will lead the prayer
service.
Tim Stone, Negro, GA, of 2174
North Capitol avenue, suffered cuts
and bruises early today when he was
struck by a motorcycle driven by
Jess Booth, %, of Lawrence, as he
crossed the street in front of his
home. He was given emergency
treatment and taken home.
Announcement was made today
Of the appointment of Elmer L.
Stephenson as resident manager of
the indianapolis branch Office of the
Fidelity and Casualty Company of
New York, l4l5 Merchants Bank
building. Stephenson succeeds NJ.
]. Johnson
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-10-01

Aviation. will soon have a financial
manual Of its own. C. P. Keane, editor
Of Keane's Manual of Investment Trusts
several hundred aviation companies which
he expects to publish in December as
Keane'S Financial Aviation Manual. The
new manual will be published by the
Financial Publishing Company, Boston
New York and Chicago.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
NEW BRITAIN DAILY HERALD SATURDAY, JANUARY 49, 1929.

cause of contests seen ahead In
electing q commissioner. A woman
IL expected to contest reelection of
e. w. Schultz In Hartford county.
and In New Haven county there will
be the county jail factory problem
to settle. Here also there will be
. ballot for chairman and choice u
likely to be either Mr.. Bradley Of
Beacon Falls or Mr.. Brainard of
Branford.
1t II not yet determined whether
q protest will be made by Minority
Leader Tobin Of Waterbury. in the
house over committee appointments
for the democrats. 1t has beea GUS
tomary for q democratic protest in
that body but it has been many
sessions since SO vigorous protest
has been made in the senate as was
made by Senator Bergin. OF New
Haven, on Thurday. The late Sen
ator John Hurley. who was many
times in the upper branch. used to
rise to protest that the democrats
ought to have been given better
representation. But the point the
republicans made was that there
were not many democrats to whom
committee appointments could be
given. Last session there was only
one and he, Senator Lawlor. went
to six committees.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
FOCH APPEARS TO
Be GAINING GROUND
CONTINUED from First Page)

tors left at 10 a. m. The physicians
were with their patient about q
quarter of an hour.
II the marshal maintains his I'M
provement during the day. his doc
tors will allow him to have the
newspapers he has been asking for,
instead Of the summary Of the days
news they have geen giving him.
This summary has been inadequate
to slake his thirst for information.
Foch sleeps fairly well and eats
with a relish the fare Of rice boiled
in milk and served with preserves.
When he complained that he is
especially hungry he receives an ex-
ira helping of jam.
The symptoms of the heart and
the kidneys had improved today. but
the marshal's general condition
continued precarious. He was react
ing well to the new treatment to
stimulate his heart.
Doctors Davenieres and Hettz-
Boyer were beginning to feel less
anxious.
Things are not going at all bad
~" they said. Zone might say even
a little better. Please note that this
Is the first time we have been able
to say that with any real assur-
ance."
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
ARMY REFORMlSIS
STILL HAVE HOPE
CONTINUED from First Pass)

They declared before members q
the council that they had been alien
ated from the generals cause by his
step.
The same official said that the
army regulation that NO soldier
could go to law with another hal
been violated by General Booth him.
self. He pointed out that although
the Booths said the legal action was
friendly test case. 1t would not
be so friendly were they to win.
Evanseiine Upset
Commander Evangeline Booth.
sister of the general and head of the
army in the United States. said che
had been much distressed at re-
ports circulated in America that che
had instigated calling the high
council with the idea Of usprping
the power of her brother.
"The high council was called by
seven commissioners In London"
she said. Il had nothing to do with
1t. also wish to make 1t clear that
it is untrue that General Bramwell
Booth has control Of the Army'a
properties and other assets in
America. 1t is well known that the
Salvation Army in America II an in
corporated body under the laws of
various states in which it works and
that all assets in the army In
America are held by trustees under
those corporations"
Speaking of Commissioner Haines,
she said "he died as martyr in Il
noble cause"
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
REVOLT REPORTED
FROM GUATEMALA
Mexican Capital Hears lmal'
cents Hold Two Towns

Mexico City. Jan. - N-The
sudden flaring of revolt in Guate-
mala is reported in advices from
the border stating two towns are in
the hands of rebels.
Dispatches from Suchiate on the
Guatemala border said General
Jorge Ubico, one of three generals
who overthrow the Carlos Herrera
government six years ago. was at
the head Of the insurgents.
Capture Towns
The rebels captured the towns Of
Retalhuleu and Mazatanango, in the
extreme northwest of the country.
Communication with the capital at
Guatemala city was cut of. All
traffic over the border was stopped.
General Ubico is a member of a
wealthy Guatemala family and has
been prominent in the army for
many years. After the Carlos Her
rera revolt he became minister of
war and one OF his allies. General
Orellana. became president. The
other general who Joined in the re-
volt, Miguel Larrabe, is now min
lister of war and on him probably
will fall the duty of suppressing his
erstwhile ally.
When President Orellana died on
September 26, 1926. General Ubico
was one OF those who sought the
presidency. The choice. however,
fell on General Lazaro Chacon, who
was elected for full term on De-
cember S. 1926.
Last September President Chacon
suspended constitutional guarantees
for six months. an action tanta-
mount to the establishment of mar
tial law. The reason advanced for
this step was the claim that the op-
position was engaged in seditious
activities.
The Guatemala minister to Wash
ington IN October made public a
communication from the minister
of foreign affairs which said,
Guatemala enjoys undisturbed In
ternal peace and order prevails
throughout the country. Not a single
citizen has been imprisoned for
political reasons"
Guatemalans in Mexico City said
the revolt had been expected in view
Of the dissatisfaction OF certain
army leaders.
The newspaper Ell Universal COM
menting on the triumyirate of Gen.
erals ubico, Orellana and Larrave
said that at the time of their coup
d'etat in 1922 they agreed to sue
coed one another as heads OF the
government, each holding office one
term.
Cbico Dissatisfied
General Orellana's death before
his term expired resulted in the
election of the presidency OF Gen.
eral Chacon who compromised with
Larrave giving him the portfolio OF
minister of war. General Cbico,
thus stripped of one ally by death
and the other by compromise. be-
came DISSATISFIED.
The paper added that 1t was be-
iieved that President Chacon
launched a campaign to make Gen.
eral Ubico unpopular among the
people with the result that the gen.
eral took the field against the gov
eminent.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
TERRIFIC Wind IN
west TAKES LIVES
CONTINUED from First Page)

blocked by trees and telephone poles
Mrs. Amos Newman was killed IN
the second storm when her home
was demolished.
The second storm isolated several
other Illinois towns. Sterling, Dixon,
Freeport, and its effect was felt as
far north az the Wisconsin state
line.
Hits Indiana
The storm struck Indiana near
Fort Branch. Mrs. David Nolan, IS.
was killed. David Nolan. Mrs. Vir-
gil Nolan and her two children were
injured when the Nolan home col
lapsed. Princeton. Madison. and
Evansville also felt the storms
force. Rain deluged that section Of
the state throughout the afternoon.
Crossing the Ohio river, the storm
mounted in velocity and hit near
Lexington. William Thrasher, Is,
was blown from the Ohio river
bridge near Louisville and drowned.
Roy Liter, Fl, and Clinton Mahoney.
"a, of Milton. KY, were drowned
when the skff in which they were
rowing from Madison, Ind, to Mil
ton, capsized. Their bodies were
not recovered.
Several houses were reported de-
molished at Louisville and Lexing-
ton. Telegraph and telephone COM
munication was imperative along a
large section of the river valley.
From the river valley the storm
pursued a winding course across
Ohio, missing larger towns and af-
fecting only northern shore cities.
Heavy rains prevailed and entire
central Ohio reported high temper
peratures. At Cleveland. the mer-
curry rose to 81 degrees a new high
mark for January IS.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
Rebel Chief Ordered
Freed From Prison

GuayaQuil, Ecuador, Jan. 10 u
Immediate release from prison of
Julio Cecar Rivas, self styled gen.
eral of the Nicaraguan rebels, has
been ordered by the authorities. He
was also given permission to remain
in the country.
Rivas was elected early this week
because the authorities claimed he
was too communistic In his lectures
before workers circles.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
Legislature DOES
BUT LITTLE BUSINESS
Continued from First Page)

the rules Of practice be amended to
read: "The oath or affirmation shall
be administered by the court or a
clerk Of the superior court to each
witness az he takes the stand by
repeating 1t to him deliberately and
with due solemnity and requiring
him to repeat 1t after him."
On Tuesday next seats will be as
signed to house members who also
will be able to find their clothing
hooks in the coat rooms. Most of
committees will meet each to choose
its clerk and to get acquainted. Had
not both branches adopted a bill as
to time Of the first county meetings
the county delegations would meet
Tuesday but they do so a week la
ter. In New Haven and Hartford
meetings there will be interest be-
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
CLUB EVENTS
College Club Holds Open
Meeting-Dr. Burton to
Address Woman's Club.

Emma Hart Willard chapter.
Daughters of the American Revolu-
ton. held a meeting Thursday after
noon at the home Of Mrs. E. O..
shjerden of Berlin. The meeting
was In the form of discussion on
the question. SHOULD the Present
Two-Party System in the United
States be Changed?" -.
Miss Ellen Earle Flagg, president
of the Hartford Auxiliary Of the
American McAll association, has
extended an invitation to the New
Britain Auxiliary through Miss Cor
nelia Chamberlain, president Of the
local chapter. to attend a Founders
Day meeting at the Asylum avenue
Congregational church parish house
on Monday, January 81, at 3 o'clock
in the afternoon. The speaker will
be Reverend George r. Berry, who
will speak on present Develop
ments in McAll Mission" illustrated
with slides.
The Kenilworth club will hold its
annual ball. which has been an out
standing event in the social life Of
New Britain during the % years Of
the cir o's existence, at the Hotel
Bond, Hartford, Friday evening,
February is.
The committee named Edmond J.
Stack chairman Of the event and
under his direction 1t is expected
that the ball will prove as popular
% ever. 81 Yaffe will furnish the
music.
The club, which Is distlhctly n
social organization, staged Its first
hall in the first year of is existence.
The old Hanna's armory on East
Main street was the scene Of the
event. AS long as the armory stood
the annual ball was held there.
Later the affairs were held at the
State armory. the Shuttle Meadow
club and recently at the Hotel Bond.
The next meeting of the Woman's
club will be held Tuesday afternoon
at 2:30 o'clock in the church parlors
of the First Congregational church.
DIR. Richard Burton Of New Jersey
will give an address on "The Pur-
suit of Happiness" DIR. Burton
comes to the club through the cour-
tesy Of Mrs. William F. Brooks Mrs.
Rufus N. Hemenway and Mrs.
Charles S. Landers.
The Woman's club Of Maple Hill
will hold a meeting next Wednes-
day at 2:sO o'clock at the home of
Mrs. Douglas Johnston on Frederick
street. Miss Helen Hayes, secretary
of the New Britain Y. w. C. A.
will be the speaker. There will also
be a short entertainment furnished
by the Y. w. c. A. Mrs. johnson
will be assisted by Mrs. F. c. Teieh
and Mrs. w. r. Pond.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1929-01-19
Young Australians
Reach San Francisco

San Francisco, Jan. 10 R-A hun
dred and sixty boys, members of the
Young Australia league, arrived
here yesterday aboard the r. M. s.
Makura for a tour of the United
States and Canada. The visitors
plan to spend ten days in this vi
entity. The Australians are headed
by J. J. Simons OF Perth. The pur-
pose of the league is to educate
youth by travel. The average age
of the boys are IS.