davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
new EXCHANGE
BEGINS BATTLE
FOR SECURITIES
Stock Trading Opens Today
on Chicago Board of
Trade.

BB United Press
CHICAGO, Sept 16.-Riyalry be-
tween the Chicago Board of Trade
and the Chicago Stock Exchange
for the millions which investors
seek to spend on stock annually, be-
gan today when the Board OF Trade
started trading in securities.
Only twenty stocks are listed on
the Board of Trade Exchange and
eleven of these we're traded in dur
ing the first few moments after the
opening A total of $500 shares
changed hands in the first fifteen
minutes.
Most active was Allied Mills, Inc.
which opened $500 shares at Is.
Square D Company OBJ, sold at
5614 on 200 shares, moving up two
points later.
The new venture comes as the
climax of the Board of Trades
fruitlesS efforts to form a merger
with the Stock Exchange and fol-
lows closely the dispute within the
Stock Exchange over members who
by old laws of the exchange we're
forbidden to trade on other boards.
The bylaws were changed by de-
mand of large dealers, but the
rivalry reached its climax today
To Be Open Later
The BoarG of Trade was author
lied by the Illinois legislature at
its last session to deal in securities
which had been approved by the
state blue sky department Chief
support IN the new undertaking
comes from such firms as Armour
and Company of illinois, Armour
and Company OF Delaware, Quaker
Oats Company, William Wrigley Jr.
Company and Electric Household
utilities corporation, whose secur-
tiles are listed on the Stock EX-
change, but only one of which,
electric household common stock,
has shown any activity here.
Another challenge OF the grain OK
change is its plan to remain open
an hour later than either the Chi
cago Or New York Exchanges and
those who deal in stocks will watch
with keen interest to see whether
the disparity in time offers oppor-
tunity for pool operations which
might not be so advantageous to
the new market as to the old mar
ketS.
The twenty issues announced by
Samuel P. Arnott, president of the
board of trade, totaled l1,953,746
shares with an aggregate value Of
more than $562000,000.
Has COlorfuI Past
The Board Of Trade has lost many
OF its veterans, stories of whose IA
nous battles have never grown old.
If the present board members re-
tain anything of the daring which
marked the activities of P. D. Ar
mour Jim Patten or Charles L. (Old
HutCh) Hutchinson. nerve will not
be lacking when the securities in
wade the grain pit. Patten, who
was credited with attempting to
corner the market in 1908, was the
last of the veterans. He died less
than a year ago, without disclosing
the inside stories of some of his
gigantic dealings.
The Stock Exchange, which in the
last summer has seen 100000 shares
of stock change hands in a single
day about its seventeen trading
posts, also has a colorful past, Once
in the COS, the manipulation of 20
600 shares of stock in the Diamond
Match Company entangled the
Stock Exhange so ineXtricably that
its doors had to be closed for sew
eral months before the affair was
cleared up.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
CALL BOYS AT TRIAL
Pantages' Defense Con-
tends Japanese at Fault.

BIZ United Press
LOS ANGELES, Cal, Sept. 10
The defense in the second degree
murder trial of Mrs. Lois Pantages
resumed today its efforts to show
that Juro Rokumoto was at fault in
the automobile accident which re-
suited in his death.
Jack Griffith and Chester Castel-
Ian, two boys who we're playing ball
near the scene of the fatal crash,
were expected to be among the
chief eyewitnesses of the dav.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
PASTOR ASKS CHANGE
Rev. George S. Henninger Confirms
Report Will Leave East Tenth Nj. F.

The Rev. George S. Henninger,
pastor of the East Tenth M. E.
church, at a quartely holy COM
munion service Sunday, confirmed a
recent announcement that he would
change paStorates.
Il have asked Bishop Edgar Blake
and District Superintendent Orien
Fifer that I be given another field
of labor" the Rev. Mr.. Henninger
said. Justice to myself demands a
change of pastorate, although I am
not unmindful of the many kind
acts rendered me here or the sincere
friendships that must be given up.
I have no complaints to make
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
STOCK BROKERS SUED
Damage Is Asked From Alleged
Bucket Shop" Here.

Suit for $4,000 damages was filed
in superior court four today against
c. L. Seely g. Co., alleged bucket
shop" firm, Sill j. F. Wild building,
by L. r. Carson. The suit alleged
Carson deposited $l,s91 with the
company for stock purchases and
that the money was kept by the
company officials.
Eight officials and employees Of the
firm were arrested Friday night on
charges of violating the blue sky"
law.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

80 Shares of Bobbs Merrill at 800.
10 shares of Indpls P & L pfd at -.
Bonds
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

BIZ United Press
KOKOMO. Ind, Sept. 16.-Several
hundred dollars was obtained by
bandits who robbed the offices of the
Kokomo Oil Company here and the
Shell Petroleum Company Rus
siaville today. The safe of the Ko-
komo company was wrecked by an
explosive.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Business
and
Finance

Directors of Edison Brothers Stores. Inc,
rse Of 81 share snnua the first
quarterly dividend being payable Oct. 20
to stock of record Sept. 80. Net profts OF
hf % Ps after GS hf SIX charFs on and
but before preferred dividends were sl4l:-
1913. equal to SLY per share on the &C. ont goo
standing common STOCK sga1nSC of'' for
the same period of 1928.
Directors of American Commercial Al
cOhol Company passed resolution ,I6n T-
the right to subscribe to one share OF
common stock at $40 share for every
four shares now held. Subscription rights
of the additional common stock will be
used to retire $3.50 900 Of preferred
stock. The additional common stock
has been underwritten by syndicate
headed by Hayden, Stone g. Co.
@. r. S. De vry Corporations sales in
August were so per cent Larger than IL. IN
den.. announced today. Untitled orders
on the books will keep the camera, music
and neon, light divisions operating at
capacity for the next sixty days.
A banking group composed of J. A.
Sisto e. Co., william r. Compton Com
pany E. F. Gillespie & Co.. Inc; have
purchased privately and are offering to-
day a block of ffteen-year convertible 8
per cent sinking fund debentures of Re-
lance Bronze and steel Corpo1at ronso Or
date three of the most important com.
panies engaged in the manufacture OF
fireproof kalamein doors and windows OF
bronze or steel, hollow metal doors and
Ornamental bronze work.
Corporation, which will manufacture a
machine for the picking OF cotton OF result
announced by William C. Durant, auto
mobile manufacturer. in New York. The
financial structure of the new corporation.
its production and sales policy. together
with the board of directors, will be made
public soon.
Ten thousand tons of tin passed into
consumption during the first six months of
1929 without being reported in world de-
liveries. according to information received
from London today.
month Of August tOtaled S$,16I .sls. an
increase of 62.6S per cent over the cor
responding month last year.
walthal stores of New York. subsidiary
Of Wextark. today reported sales Of $3.50
August, 1928.
The board of directors of Tri-Conti-
mental corPorstiop declared the regular
per cent cumulative preferred stock of
The corporation payable Oct. to holders
of record Sept. 10.
WaddilI Catchings, member of the firm
of Goldman Sachs e. Co. and President
OF the Goldman Sachs Trading Corpora
ton. was elected director of the Com
mercial Credit Company Of Baltimore
this week.
NEW YORK, Sept. 16.-Hope Producing
Company. has discovered new gas sand at
a depth of 1900 feet in the Richland. La,
field, according to O. R. Seagraves, pres
ident of the parent company.
American Water Works and Electric
Company, Inc. reports consolidated gross
earnings for the year ended July 81. 1929
of $50, $50, 469. an increase of $2.526, 102
over the gross for the twelve months
ended July 81, 1928, which aggregated
SAG 1894. 1867.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
BARRIERS DANCE TONIGHT
Only Routine Business Before Con-
yentiOn as Second Week Starts.

VentI0n as SECOND Week oIdI Vs.
Routine business was before MEM
bers of the Journeymen BARRIERS and
Beauticians' International Union OF
America today at the start Of the
second week of the sixteenth con-
vention of the organization at the
Athenaeunn.
A dance and entertainment for
delegates and guests will be held
tonight at the Indiana ballroom.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Bed Smoking Is Fa.al

BIZ United Press
QUINCY. H., Sept. 16.--Mrs.
America Ward. 10, suffered fatal
burns when her clothing and bed
ding caught fire wh1e she was
smoking pipe in bed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Fire Damages Street Car

Forty passengers Of an inbound
Shelby street car were forced 10
walk Sunday night when broken
trolley wire charged the car with
S 700 volts of electricity. The trans
roof was fred. No one was injured.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
In the Air

Weather conditions at $50 a. M:
Southwest wind, II miles an hour;
temperature, 70; barometric pres
sure, 29.97 at sea level; ceiling and
visibility unlimited; field good.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
SCISSORS USED IN FIGHT
Police Charge Negro Jabbed Mother
With Shears

> WIFI SnGdFS.
Otis Hammond, IS, Negro, of 953
Paca street. is held today in the
city jail on an assault and battery
charge. Police said he jabbed his
mother, Mrs. Laurel Russell, $50
Paca street. Sunday, with a pair of
paperhanger's scissors. Mrs. Russell
retaliated by firing a shot at him.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

NEW YORK CITY. Sept. 16.-Vincent
BendiX. president of the Bendix Aviation
Corporation will leave tomorrow for
Europe on the liner Ma jestic, with
Charles Marcus. president of the Eclipse
Aviation Corporation and w. L. O'Neill.
president of the Stromberg Carburetor
Corporation where they will consolidate
the activities Of Bendix Aviation Cor
poration in Europe.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

increasing use of electricity are nowhere
more apparent than in the phenomenal
progress of the comparatively. young Gold
ganized in 1925 by the present manage
ment to consolidate the activities of sew
eral smaller companies and obtain the
benefit OF various operating economies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
TREASURY STATEMENT

hlI TtUIICW VTTNN
WASHINGTON. SEPT. 16.-Treasury net
balance on Sept Is. was $36.5S7. 1Il.3I.
Customs receipts for the month TO the
same date totalled s21 1874. 65 SO.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
FOREIGN EXCHANGE

BIZ United Press
NEW YORK. Sept. 16.-Foreign exchange
closed irregular Sterling 81 "a 9-32:
francs $50 1892: Ira. 5.22 i-16; Bclga
1886. of .00i-: marks. 23.79i2c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

NEW YORK. Sept 1e.-Bank clesrinqs.
5000. 600: clearing house balance. s2lS-
100000 federal reserve bank credit ball
ance, s206. 900 600.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Sept. 10

close roh WSea nj sea 4sd ss5 Si: 49, s Gorn
No. 2 yellow. $1.o7@1.0s. Rye. @. 2.
s1.06. Oats-No Q white. old, 56la65712c;
No. white, new. 52ia @5312c Barley-No.
q zoe. Clover-Domestic, cash. old $11 rs:
cash. new. Sits: October. 1:s5: Deem
Der. s12.1o; imported. cash, old. $11. Tim
December. $2.e5 March, $40. Alsike-
Cash. new. SOTO: october, s1o.a5: De-
cember, S1l.10. Butter-46M50c Eggs
36H 38c Hav-S125 cwt.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Local Wagon Wheat

City grain elevators are paying 81. IA for
No. red wheat and si.19 for No. hard
NH
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Banks and Exchange
INDisvAP0LgS STATEMENT
CHICAGO SrArrMENr


TndisnapOHs hruE clcarings Monday
Sept. is. Ss3j1,c0C Ccoits. So. 4e7 900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
NTW YORK STATEMENT

RR TnifCd Press
CHICAGO. Sept. 10 Bank clearing
sl07, 700,0 COO; balance. S8,500,000
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
OIL SHARES AID
STOCKS IN new
FORWARD DRIVE
BeariSh Attacks Are Beat
= Down in Last Hours
of Trading.
Average Stock Prices

Average OF twenty fndustrisls for Sat
uIdav was 367.0l. UP IS. Average OF
twenty rails was 1924. UP 81. Average
o. forty bonds was 92.25.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Cattle
Sheep

Receipts, 400; market. steady.
Est veals .................... $500 a II .0C
savy calves ,............... 1000 IL. sc
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
Burglars Get Money

BIZ Cnited Press
CHICAGO. Sept. 16.-Apples, sl.75 to
So so per bushel.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16
By United Press

CLEVELAND, Sept 6-Hogs-Receipts,
9, 500; noldovers, 270; market. mostly 1oM
Csc higher; sows and stays steady; ESQ.,
$50 lbs, ss.50d 10 40 2O0G25o lbs. s10.25
$50 O lbs ss7s@ PS goIsS ibS @
9.75; packing sows, ss.25G8.75. Cattle
Receipts, 100; calves. $50; market. me silly
steady on all classes: beef steers, sea 10 rs;
beef COWS, s7G8; low cutter and custer
cows, s5G625; vealers, S15M19. Sheep
Receipts, 1900: market, lambs steady
strong: top fat lambs, s14; bulk fat lambs
S13.25G 1875; bulk fat ewes, s5.50M6.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

WaddilI Catchings, member Of the firm
of Goldman Sachs e. Co. and President
OF the Goldman Sachs Trading Corpora
ton. was elected a director of the Com
mercial Credit Company of Baltimore
this week.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

BIZ Unlted Press
TOLEDO, Sept. -Hogs-Receipts. $50;
market, 10G25c higher; heayies, $9.50M
TO- mediums, s10.5odl0.75; workers.. $3.50
a 10: pigs, $9M950. Cattle-Receipts, IT'S;
market, steady at former prices; calves.
receipts. light; market strong. Sheep and
lambs-Receipts, light market. steady to
strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

NEW YORK, Sept. l6-Hope Producing
Company. has discovered new gas sand at
depth of 1900 feet in the Richland. La.
field, according to o. R. Seagraves, pres
ident of the parent company.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

American Water Works and Electric
Company, Inc. reports consolidated gross
earnings for the year ended July 81, 1929
of $50, $40, 469 an increase of 1885, 102
over the gross for the twelve months
ended July 81, 1923. which aggregated
SAG. 9943 1867,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

The board of directors of Tri-Conti-
mental corporation declared the regular
quarterly dividend of 11a per cent on the
6 per cent cumulative preferred stock of
the corporation payable Oct. to holders
of record Sept. 10.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-09-16

Forty Indiana counties will be
represented at the annual regional
Red Cross conference at the Column
bia Club Oct. 2. The local chapter
will act as host The meeting pre-
cedes the state conference on chart
ties.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04
BY REX COLLIER.
XVI.

Time was growing more precious
every minute. A taxicab was asked for
and, considerably to the surprise Of the
visitors, one was forthcoming within a
few moments. It was, moreover. late
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04
Court Procedure
Selection Costs
Man Term i'm Jail
Resort to Habeas Corpus
Instead of Writ of Error
Causes Defeat.

Because he elected to proceed by ha-
beas corpus to correct an illegal action
of Police Court Judge instead OF
Court of Appeals, Charles A. Godfree
must serve q term in jail for operating
motor vehicle while under the influ-
ence of liquor. The District Court OF
Appeals SO declared today when in an
opinion by Chief Justice Martin 1t up
held the action of the District Supreme
Court in dismissing q petition for God
frees discharge from custody.
The case arose under the application
of rule of the Police Court, which pro-
vides that the judge may refuse to sign
bill of exceptions unless approved by
counsel for both parties. The assistant
corporation counsel declined to approve
the bill of exceptions, and the Judge for
that reason under the rule refused to
sign. The appellate court approved the
finding of the District Supreme Court
that the action of the trial Judge was
erroneous and called the rule "unrea-
sonable, null and void" Counsel for the
petitioner, instead of bringing the mat
ter to the attention of the Court of
Appeals, went into the other court after
the trial Judge had signed bill Of ex-
ceptions with second petition for the
discharge of Godfree on the plea that
the subsequent signing of the bill of
exceptions was nullity because Of the
passage of time.
The appellate court held that he could
still have applied to it and so had an
adequate remedy, which he failed to
Use
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04
RIGGS BANK WINS
TAX REFUND SUIT
Appeals Court Holds District
Must Return $18,574.43
to Institution.

The District of Columbia must refund
to the Riggs National Bank $18,574.43
which 1t eXacted as tax on the por-
ton of the banks gross receipts for the
year ended June 80, 1927, obtained from
interest on Government bonds and
other evidences of public debt tax-ex-
empt by law.
The case, decided today in the Dis
trict Court of Appeals In an opinion
by Justice Van Orsdel, aff1rms the action
of Justice Stafford Of the District Su-
case on which Is said to hinge similar
applications for refunds from other
banks and trust companies, which made
payment under protest, as did the
Riggs Bank.
The bank reported its gross earnings
for that taxable year at 81, 963,53 of
which sum $309, $3.50 represented in
terest on alleged tax-exempt securities.
The bank deducted the tax on the lat
ter amount and sent its check for the
difference, but the collector refused to
accept the check and threatened to
charge the penalty for non-payment.
The full amount then was paid and
suit instituted through Attorney Frank
j. Hogan for the return of the excess
payment.
The decision was based on the United
States Supreme Court case against the
State of Wisconsin. in which 1t was
held the State lacked authority to tax
such securities. Counsel for the Dis
trict commended that, even II beyond
the power of State to tax Govern
ment bonds, Congress could provide for
the taxation of such bonds In the Dis
trict Of Columbia.
In answer to this claim, Justice Van
Orsdel reviews the Liberty loan acts
and finds there is nothing in the Ian
guage of the taxing act or the acts
under which the bonds were issued to
indicate any such intention Of Con-
gresS.
"If such an inference cannot be read
into the taxing act" says the justice,
"the fact remains that the bonding
acts were passed long subsequent and
whatever exceptions or exemptions ap-
pear in the bonding acts must be con-
strued to limit the taxing power under
the earlier act. Considering the sweep
ing language Of exemption used in the
bonding acts, we find no difficulty in
holding that they apply to the District
of Columbia as we'll as all other por-
tions of the United States. placing a
limitation, not only upon the legisla-
lures Of the States, but upon Con-
gress, at least until 1t is attempted to
be removed by that body"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04

model touring car of popular Ameri-
can make, but almost unrecogniZable
beneath a coat of brown dust. The
chauffeur not only understood English,
but said he knew precisely where the
cable building was, and the car sped
crafty down the uneven dirt street to
the wharf section. The cable office
proved to be just few hundred yards
from the dock, in sizeable building,
with up-to-date equipment. Best Of all,
an American manager was in charge,
and he promised to have the dispatches
in New York City in Is minutes. He
kept his promise.
Word came that the Hoover launch
was leaving the Maryland, and there
enSued renewed concentration of f1u-
mainly at the wharves. The scarcity of
Indain and Negro types among the
spectators was worthy of note. Costa
Rica'S population is almost entirely
only few thousand Indians remain
ing, descendants of aboriginal tribes
which had fought fercely against the
invasion of Spanish colonists. The Ne
groeS are mostly immigrants from the
British West Indies.
Change to Formal Attire.
Since this was to be his first visit
to a Central American capital, Mr..
Hoover had unpacked his long-tailed
morning coat, striped trousers and silk
hat for the first time since leaving San
Francisco. Ambassador Fletcher also
had changed to formal attire, but all
other members of the party capitulated
to comfort and the array of varying
modes no doubt startled the Sartorial
senses of the clothes conscious Costa
Ricans. There were felt and straw hats,
a derby, several caps and two tropical
helmets. There were palm beach suits,
wooden suits and Sweater-and-White-
ducks combinations. And there were
black shoes, tan shoes and tennis shoes.
Mrs. Hoover, and her secretary, Miss
Fesler, were dressed attractively in light
afternoon costumes.
The well trained band struck up
'"The Star Spangled Banner" as the
Hoovers climbed onto the dock, and fol-
lowed this up quickly with the 'Himno
Nacional" of Costa Rica.
It was at this juncture that one Of
the Costa Rican officials-it must have
been the minister of foreign relations,
although this has not been verified
stepped forward impetuouSly and threw
his arms around the American Presi-
dent-elect. The alert secret service
men were dumfounded, but they diplo-
matically restrained an instructive urge
to look into the situation. The en-
brace lasted only long enough for Mr..
Hoover's host to bestow the usual
friendly pats. and for the President
elect to return the tribute in like
manner.
Then the party walked down the
rusty railroad bed leading from the
wharf to the siding on which was
parked the private coach of President
Gonzales and a long string of creditably
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04
Film on Teeth
How 1T 0ctS-1gh0t it does
Film discoors teeth and then destroys them
Dentists urge special way it.

are the chief cause of pyorrhea. Film must
be removed each day. Ordinary brushing
fails to do it successfully. So dentists urge
the special flm-removing dentfrice called
Pepsodent.
First, Pepsodent curdles film, then removes
it in gentle safety to enamel. No other way
will make teeth as sparkling white. Write
for free Today supply to The Pepsodent Co..
1904 S. Wabash Ave-, Chicago, or ask your
druggist for full-size tube Find out, without
delay, how white your teeth really are.
Pepsodent
The Special Film. RsmOoisg De.ahios
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-02-04

appointed parlor cars, making up the
Hoover special train.
The conductor blew shrill blast on
a warning whistle strung around his
neck, and the train started forward on
its picturesque journey through the
banana and coffee plantations to the
progressive inland metropolis, San Jose.