davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
u. S, TO BALK
BEHEADINC OF
ENJOYS WIFE
Chinese Woman, Held in
Opium Case. Can't Be
EXtradited.

fH fu'fe6 Prfgs
WASHINGTON. July ia pc
culisr legal situation saves Mrs.
susie Wing Kao, beautiful Chinese
woman found with a large quantity
Of opium in her luggage in San
Francisco, from the threat Of the
headsmans sword of her own
countrv. it was disclosed today.
There Is no extradition treaty with
China. 50 the only possible prose
cution lies with Justice department
officials Who may proceed under
the anti-smuggling laws or the Har-
ison act. which provides for long
prison sentences for mere posses
sion of opium not stamped By
revenue Officials.
The threat Of beheading arose
with the demand Of san Francisco
Chinese nationalists that Mrs. Wing
KsO he returned to China for pun
tshment In China smUgglers, and
particularly opium dealers. fire.
Guentlv are heheaded.
Meanwhile. Mrs. Wing Kaos bus
band. Chinese vice-consUl At San
Francisco, has been suspended from
his duties pending disposition Of the
charges against his wife
KaO has been IN the United States
i've years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11

Plane ground radio commu-
nication Of the Transcontinen-
tai Air Transport line was
given a practical test Wednes-
day, when the name Of pas
senger who landed here Was
obtained after the plane had
departed.
When an indianapolis Times
reporter called Charles Devoe,
T. A. T. manager. this morn
ing after the plane left and
asked names Of local arrivals
and departures, Devoe said:
Ray Fisher Of the Fisher
pharmacy boarded the plane
here for St. Louis, and one
passenger. who got away be-
fore We got his name, few
here from Columbus"
rs there any way we could
get the passengers name?" De
voc was asked.
Yes. we will call the plane
courier by radio DevOe
promptly replied.
A few minutes later the T.
A. T. radio operator was IN
communicat ton with the plane,
uinging its way several thou
sand feet in the air as it
neared St. Louis. and received
The passengers name, Everett
Antrim.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
ORDER $4,000 BACK
State Requests Bond Firm
to Rebuy Securities.

Restitution Of some $40 900, said
TO have been collected from the sale
of unregistered securities in viola
ton Of the Indiana statute, was or
deled made by today, Mark w.
Rhoads. state securities commission
er. announced.
The order is addressed to the Ter
rill Bond and Mortgage Company,
Chicago. and unless payment Is
made 2 Y. Person. manager Of the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11

company, will be prosecuted, Rhoads
declared.
Return of the money was de-
manded following investigation Of
the FIRMS activities in indianapolis,
Lafayette and Fl. Wayne by Earle
Coble. chief examiner of the secur-
tiles commission, and Clarence P.
Fate. field examiner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
ASKS $4,000 DAMAGES
Traction COMPANY. Railroad Named
in Accident Suit.

Suit for $4,000 damages was fled
in superior court 2 by Nellie
Champion against the Terre Haute
Indiana &, Eastern Traction Com
panv and the PENNSYLVANIA railroad
for injuries alleged to have been re-
ceived when she was a passenger on
an interurban car struck by Penn
svlvania locomotive at Kentucky
avenue and the Belt railroad
April D
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
Predicts Date of own Death

Be- iHfcd Press
PARIS. July 11.-Eva La Valliere
one of the outstanding character
of the Boulevard theater in Parl:
thirty years ago. died at Vittel TO-
az. fulfilling her prediction of las
Sunday. Il shall die Wednesday
friends who visited her Sunday salc
SNe told them.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
BAR MALT IN SENATE
Wisconsin Senate Refuses Tonic
Status in Room.

MADISON. Wis. July lt.-Wis-
c9nsin's senate may be wet but
its president pro tenn. doesn't intend
for it. to be a bar.
Senator Oscar Norris of Milwau-
kee. acting presiding officer, refused
TO consider a resolution intro
duced ty Senator William H Mark
ham Of Horizon until Markham had
withdrawn the six bottles Of malt he
had on his desk
The tonic was In he used as an
exhibit
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
GOLD COAST BAD BOY
SETTLES DOWN: WEEDS
Jack Durand Warries Childhood
Sweetheart in Illinois.

Bp Luittd Press
LAKE FOREST. III. July IL
Jack Durand, foster son Of Mr.. and
Mrs. Scott Durand, Gold Coast resi-
dents, has settled down" for life.
The youth. who was released 3
year ago from Joliet penitentiary
after serving two years and ten
months of a three to tWenty-year
sentence for directing the robbery Of
the family jewels of F. Edison
White at Fl. Madison. Ia, was mar
ried secretly last Saturday to his
childhood sweetheart. Genevieve
Gerahty Of Lake Bluff. III.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1929-07-11
MOTHER FILINGS SELF
TO DEATH UNDER TRAIN
Quarrel With Husband Leads In
Detroit Wonan's Suicide.

~ FfffN ffftF
DETROIT. July 11-After a quar-
rel with her husband Mrs. Sadie
Chojonowski. q. mother of three
children. flung herself to death be
meath the wheels Of Michigan Cen
trsl train AZ Wvandotte, near here.
She was dragged almost . block.
Imperial Valley press., 1929-02-09
SPORT NEWS
STRENGTH OF MAJOR LEAGUE
TEAMS DISCUSSED BY KIRKSEY

are expected to look after the catch
ing again. Both are Youngsters,
joining the Pills last season. George
Suscc, former University Of
Pittsburgh star, will be given Il
tryout behind the bat.
In his effort to build winning
team out of the Phillics, Manager
Burt Shotton has discarded most Of
his veterans and turned almost en-
tircIy to young players. Besides
Williams, the veterans arc Fcrgu-
son, 80, Rob McGraw, 81, and Lefty
O'Doul, 32
The Phillies tentative squad fol
lows:
Catchcrs Davis, Lcrian, Suscuc.
Pitehcrs-Bcnge, Collins, Iulli-
gan, Ferguson, McGraw, Baccht.
Roy, Swcctland, Willoughby, Ulrich,
Green.
Inficld Hurst ut first, Thompson
at second, Thcvcnow at short, Whit
ncy at third. Fribcrg, utility.
Outficld-KlCin, O'Doul, Peel,
Southern, Williams.
Imperial Valley press., 1929-02-09
@MarketSg :

LOS ANGELES, Feb. 9.-Follow'
ing are today's market Guotauons'
POULTRY
Hens, Leghorns, 3h to A lbs,
26c.
Hons, colorcd, lbs. and up, 35c.
Broilcrs, ~ lbs, and under PA
sac.
Fryers, Leghorns, PA to 3 lbs
26c.
Frycrs, colorcd, 21l to lbs, 33c.
Roastcrs, soft bone, 3 lbs, up 33c.
Ducklings, Peking, 3E lbs, up lSc'
Geese, 2Jc.
Young Tom turkeys, IS lbs, and
up CSC.
Old Tom turkeys, 25c.
Small hen turkeys, under 8 lbs,
15c.
Hen turkeys lbs. up csc.
Squads, light and heavy 40c.
Capons, 8 lbs, up, 40c.
BUTTER
Wholesale price l9c.
Price TO retailers J2c and sac.
EGGS
Extra 2Sc Fresh firsts 26c. Me.
lium 26Hc.
Hereafter the Press will carry the
local price ON eggs, furnished
through the courtesy of Zurchcr
Brothers:
Todoy's local eggs 2lc.
Imperial Valley press., 1929-02-09
Track Stars To
Compete Tonight
Ry United Press Leased Wire

NEW YORK. Feb. Q. The great
trium>iratc Of foreign track stars
Percy Williams, Paavo Nurmi and
Edwin Widc--will carry the colorS
of Canada, Finland and Sweden ON.
to the boards at Madison Square
Garden in the annual Mclrosc y. y.
games tonight
Williams, Canada 5 greatest
sprintcr, viii run for the Maple
Leaf in the international 60 ward
dash Nurmi will represent Finland
in the Dodmau Wanamakcr mile
which hc won in 1928 and Wide will
run in the international two mile
miss and out event.
In addition to Williams, Canada
will hc represented hy a number of
track stars who may give the
Americans stern battles before the
last of the 81 events ON the pro.
gram is completed.
Imperial Valley press., 1929-02-09
Editors Note: e:-This is the
eighth of series analyzing the
strength of the sixteen major
league clubs. Tomorrow, the
Cleveland Indians.
BY GEORGE KIRKSEY

(Unlted freSS oCdll ColIeSpoiiuoiAI'
NEW YORK, Feb. 8 Things are
looking up for the Philadelphia
rhillics.
After spending seven out of the
last 10 wears in the National Lea
que cellar and the other three in
seventh place, the Phillics may be
headed for something better this
season.
For one thing, the Phllics will
have one of the youngest inficlds
in the ma iors and certainly far
from the worst. Don Hurst at first
Fresco Thompson at second, Tommy
ThcVcnow at short and PinkY
Whitney at third will give the
Phils Il Young, hustling, inficld
which should compare with any in
the National League.
Thompson and Thcvcnow are %,
. Hurst 2i and Whitney 22.
Thompson, preparing for his third
ma jor league season, is looked upon
as one of the best second bascmcn
in the league. Hurst, who played in
107 games for the Phils last season,
suffered during the last three weeks
from "A leg injury.
Thcvcnow, star with the Card
inals in 1926, hopes to regain his
form in new surroundings this sea
son.
Whitney is one of the timclicst
hittcrs in the majors. He drove in
100 runs last season, his first with
the Phils, which was 10 more than
Paul Wancr, second batsman in the
league with an average of $40 and
only three less than lIornshy, the
leagues leading batsman.
Veteran On Deck
The Philhrs have only five out
fieldcrs ON the squad. They are
Chuck Klein, who made good in
sensational fashion lasS season
Lefty O'Doul, acquired in the trade
which sent Fred Leach to the
Giants; Homer Peel, youngster from
Houston; Deny Southern, who was
with the club last season; and the
80 wear old veteran Cy Williams
who can still sock en-
Great things are expected from
Peel, who was up before with the
cardinals, An injury slowed him up
last spring but hr hattrd at $50
clip during the last two months
with lloustun.
The Phils have II pitchers, six
of them new additions. Luther Roy
who has had tryouts with the llr
dnns, Senators and cubs, will Zoe
given IN thorough trial. He won ~
games and lost only ) for Birming
ham last season. Phil Collins, who
won l. and lost - games for New
Orleans; Jim Mulhgan. who won l.
games and lost for Syracuse and
WAS with the Phils the last two
weeks of the los ScaSou; and EmI
Caldwell from Waco, who Woa j.
games and lost u last season, are
the other new pitchers of promise.
Discards Old-Timers
Virgil Davis and Walter Lrrinn
Imperial Valley press., 1929-02-09

Miami Beach gives no indication of
proving an exception.
Accordingly Jack Dempsey, the
new promoter, is hailing Young
Stribling into court today to settle
with writs and iniunctions and all
the rest Of the red tape, the question
of whether the Georgia contender
for the heavyweight title is or is
not to refrain from riding in air
planes and on motorcycles until af-
ter the fight with Jack Sharkcy
February p.
The whole business is just so
much ballyhoo. Young StribIing is
no more interested in breaking his
own neck than the promoters. But
Tex always used to say that these
legal squabblcs did no harm and
kept the old publicity pot boiling.
Imperial Valley press., 1929-02-09

FOR RENT-Apt for adults. 3S3
Olive. 9t3
Imperial Valley press., 1929-02-09
Tilden Back As
Amateur Player
ny United Press Leased Wire

BOSTON, Feb. O William 7.
Tilden is back in the ranks of the
amateur tennis players, ready to
carry the Stars and Stripes i'm quest
of the Davis cup next summer.
The spectacular fight which he
has carried ON with the United
States Lawn Tennis association
since his suspension last Summer for
alleged iufraction~ of the player
writer clause of the amateur rules,
came to II dramatic close last night
when the executive committee of
that body, by an almost unanimous
vote, agreed to his reinstatement.
California last month shipped 80
pairs of meadow larks to Hawaii,
mainly because they feed on harm.
full insects.
The Young Farmers Conference
recently hold in Spokane, Washing
ton, was attended by nearly 1000
persons from farms.
Imperial Valley press., 1929-02-09
Here and There
In Sport World
By United Press Leased Wire

CHICAGO, Feb. Q. King Tut,
one of the leading lightweight title
contcndcrs will meet Al Wjnklcr,
Philadelphia, here next Monday
night.
chicago, Feb. 9" Hack" vii.
son, the sometimes congcnial out
fielder, was reported temporary
holdout at the Chicago Cub office.
Hack will be here Feb. y TO talk
terms. The Cubs announced release
of Dennis j. Murphy, substitute
catcher, to Reading, Penn.
CHICAGO, Feb. 9.-Gus Pratt ran
down the alley and used his feet last
night to kick over two pins which
failed to fall and robbed him of a
perfect 800 score. His total was pos
SALT LAKE CITY, Utah. Feb. 9.
Utah University jumped into sec
ond place in the Rocky Mountain
Conference basketball race by de
fcating Il. Y. L. last night % to Al.
PALO ALTO, Feb, o California
and Stanford meet Lerr tonight ON
the basketball court in the second
game of their three game series. The
first contest, played two weeks ago,
resulted in Il IL to ~ victory for
the Bears.
RENO. New, Feb. 9. ST. Mary 5
ovcrcamc at II to - half time lead
here last night to defeat Nevada 5
basketball team - to IS.
san FRANCISCO, Feb. 9.-Ncr-
non Gomez, San Francisco Seal
pitcher and last season known "a,
the "strikr out king of the Utah
Idaho League. has been sent to q
health farm to put ON 10 pounds ad
ditional weight before reporting at
Monterey for spring training Go.
mr1 weighs l6S pounds and is well
over i feet in height,
san FRANCISCO, Feb. 9. - St.
lgnatius tagorS ran wild here last
night ani defeated the California
Agsics at Kclar pavilion g. to II.
TIAJUANA, Mex, Feb. 9 Sprjn.
horses with fondncss for muddy
tracks will carry the bulk of race
fans money in the running of the
$4,000 speed handicap hrrc tomor-
row. Rain during the past few days
has left the course in a sloppy condi-
tion and a "hcavy" track is the
best that can be hoped for in to-
morrow g speed test.
Imperial Valley press., 1929-02-09
BALLYHOO GOES
AT TOP SPEED
FOR BIG FIGHT
BY FRANK GETTY
Omitted Press Sports Editor)

MIAMI BEACH, Fla, Feb. O.
Tex Richard $ best big fistic
spcctaclcs always were preceded by
plenty of legal battles, injunctions
and what.nots, and the one the late
promoter started down here at
Imperial Valley press., 1929-02-09

FOR SALE-Onc dozen choice Red
hens, three incubators, No. II Dc
Laval separator and motor. Wash.
ing machine and electric motor.
Wixoms, Sctlcy. 9t3
Imperial Valley press., 1929-02-09

Paso Roblcs, San Luis Obispo
county, will hold four day almond
festival the last week in August.
Imperial Valley press., 1929-02-09
FOR TRADE

Rcconditioned 1880 Mccormick
Deering Tractor.
One Humphries No. 16. Ain.
Horse Power Pump.
One Upright Piano.
Nine Charters $40 Egg lncuba-
tors.
Two Buckeye 25OC Egg, Electric
Iutubators.
FOR WHAT HAVE iOV.
THE FAIR
.2lJ MAIN ST. PHONE lO9O'
Imperial Valley press., 1929-02-09
So. California
Sport Briefs

LOS ANGELES, Feb. 9,-Kath.
lccn Wright won the annual mid
winter invitation golf tournament
of the Los Angeles Country club
by stroking her way to a 3 uP and
to 90 victory over Mrs. Gregg
Iifm, California state women S
champion.
HOLLYWOOD, Feb. o. Kid
Francis, Italian bantamwcight, took
eight Of 10 rounds to win one
sided decision over Clayton 'iouNd
here last night. Gouyd was ON tn"
canvas three times and was able to
finish only through gamcncss,
Charley Sullivan won in SIX
rounds over Rcy Montoya.
PHOENIX, Ariz,, Feb .. Mike
O Donncll, ireland, was knocked out
in the second of Il scheduled eight
round bout here last night 10y Chico
Yanas, local middlewcight
Los ANGELES, Feb. Q. The
University of Southern California
will meet the L. c. L. A. basketball
team tonight in Il coast conference
game. The TrojanS win be without
the services of Captain Lloyd
Thomas, star guard, who is ILL.,
Los ANGELES, Feb. o. Mar
crlino Ortcga, lightweight boxer,
lost the sight of his left eye when
he was stabbed by Frank Hard in
street row last night. Polio" held
Hard ON Il charge of assault with
intent to commit murder
Dining 1928 Modesto, Stanislans
Imperial Valley press., 1929-02-09
SITUATIONS
WANTED

WANTED Drcssmaking, remodel
ing a speciality, reasonable prices.
10 No. Eighth st. 4t6
WANTED-Carpenter work. New
and repairs. Opposite gas plant.
Harry Cross. 5t6
WANTED-Milking job. II years
experience milking in valley,
John Bullner, Golden State Cream.
cry. 22rf
WANTED Day Work and laundry.
Ill He'll. 4t6
YOUNG LADY wants position. Cen
oral office and stcnographic work.
Experienced. Phone 52lJ. Ate
Imperial Valley press., 1929-02-09

During 1928 Modesto, Stanislaus
county, shipped 35 carloads of eggs
10 south America.
Imperial Valley press., 1929-02-09
SINGER CLAIMS
FOUL IN BOUT
WITH TAYLOR
Nv United Press Leased Wire

NEW YORK, Feb. 9.-Thc old
''was it fair or foul?o controversy
reminiscent Of the Sharkcy-Dcmp-
scy fight, was revived today as
an aftermath Of the Al Singcr-Bud
Taylor fcathcrwcight bout in Madi-
son Square Garden.
Singer was awarded the victory
on a foul after II seconds Of fight
ing in the fourth round of Il schcd-
uIcd 10 round bout, but physicians
who later examined the young New
Yorker reported no evidence of a
foul punch
Taylor described the mix-up as
follows:
- was trying to fcint Singer
into using his right just as Tommy
Gibbons used to do and then drive
my left into his body. He led and
! let 90. 1t landed Just under the
ribs and was not low"
Singer stood still for minute
then grabbed his groin and rolled to
the canvas. The knockdown time
keeper started count but Referee
Flynn said, lit was a foul. >
TORONTO, Ont. Feb. 9. Cor
poral Izzie Schwartz, recognized by
the New York Boxing Commission
as world 5 flywcight champion, dc.
fcated French Bclanger Canadian
champion, in a 10 round bout last
night.
BUFFALO, \. y, Feb. 9.-Cbar
ley UPhiD Rosenberg, 13o, New
York, lost ON foul to Bjlly Walk.
lbs, LackaWanna, CO..
Imperial Valley press., 1929-02-09

FOR SALE-8o head good young
cows. Mostly Holsteins. IA lbs.
butterfat per day, with lease on
$50 acres, first class dairy ranch,
with all convenicnces. Address
Box 675. Press. St2
Imperial Valley press., 1929-02-09

FOR SALE-Six Al dairy cows,
Gucrnseys and Jerseys; l Ford /
son tractor, in good condition; lc|
stands bees. y mile north, "a
mile east of Impireial, on Date
canal. Tom Applewhitc. Std
Imperial Valley press., 1929-02-09

WANTED-20O sha,cs I1Galius,
Ecclcston Motor Corp. stock at
programmed price Will pay in.
tcrcst from date of purchase. Lew
Woodbcck, Box 1295, Long Beach,
Calf. 8tj
Imperial Valley press., 1929-02-09
Livestock

FOR SALE-sO head good young
dairy cows. Mostly Holsteins
alb. per day, with lease on loo
acres, first elias dairy ranch, with
all conveniences. Address Box
675, Press. 6t4
Imperial Valley press., 1929-02-09
BARGAIN

FORD SPECIAL COUPE.
RuXtcll, Riccardo Head, Auto
Light Ignition. Winfield Car
buretor. Ignite PlBtons and
Bronze Bearings. Fast and
looks good. $75 cash. Apply.
Imperial Valley press., 1929-02-09

PICKED UP-1 year old brown
colt, has been on my place since
Sept. 1st. Owner may have same
by paying expenses to date. Joel
Corfman, Acacia school corner.
St2
Imperial Valley press., 1929-02-09

LOST-Betweeu Imperial and CT.
lcXico. New 2GX4.5G tire with arNv
Chevrolc. S.I t;rp cover. Reward.
Langworth. ?, lG47 Main st.
81
Imperial Valley press., 1929-02-09
For Rent, Farm Land

FOR RENT-Good stalk pasture.
ESQ head wanted. G. G. Hussey,
Seeley. 1tf
Imperial Valley press., 1929-02-09

CHICAGO, Feb. Q. - King Tut,
one of the leading lightweight title
contcndcrs Will meet Al Winklcr,
Philadelphia, here next Monday
night.
Imperial Valley press., 1929-02-09
Poultry
Supreme In Their Field
I X L HATCHERY

HIGHEST prices paid for poultry of
all kinds. 1882 Woodward. NJ. +.
Todd. Phone 966. 1tf
Imperial Valley press., 1929-02-09
Household Goods
Lost and Found

LOST-Ladics hand bag, Spanish
leather, near Imperial Theatre,
Wednesday night. Finder please
return to Press office. Reward.
7t3
Imperial Valley press., 1929-02-09

BUFFALO, y. y, Feb. 9.-Cbar
ley PMD Rosenberg, 130, New
York, lost ON foul to Billy Walk.
lbs, LackaWanna, CO..
The Indianapolis times., 1929-06-05
WHEAT WORKS
DOWNWARD IN
PIT OPENING
Corn Sells Unchanged to
Lower: Oats Slightly
Higher.
En- Illil1d Prcss

! BN Z 0bfV f'|fSS
CHICAGO. June 5.-A cooling Of
bullish sentiment overnight caused
wheat futures to work down from the
peak set in tuesdays wild close at
| the start of trade today. Foreign
markets we're not inclined to follow
completely the recent American ad-
vances. Corn and oats we're weak
with wheat.
At the opening wheat was cent
to cents lower. corn was un-
changed to il, cent lover and oats
were 2s cent lower to Is cent higher.
Provisions were slightly higher.
Traders arc wary about predict
ing the trend of wheat. but country
as a whole appears to be confident
that legislation will bring higher
set of values and there is very lit
tie grain for sale. Market is eX-
pectcd to be in a highly nervous
, state until after passage of farm
relief bill followed by quiet sessions,
as operators await actual working
Of the plan.
Switching from the short to the
long side has brought corn futures
sharply higher all fundamental
factors being ignored while the
Washington news is running. Cool
weather is reported check ng ger
mination and some sections arc do
ing considerable replanting. Re-
ceipts are light.
News of the oats crop is generally
favorable. but interest is directed on
governmental Developments and
market follows other grains.
The Indianapolis times., 1929-06-05
FLETCHER BANK
BRANCH OPENS
UniteS East Side and Rural
Institutions.

East side residents today cX-
tended congratulations to the cast
side br anch of the Fletcher Say
ings and Trust Company. 2506 East
Washington street, which opened
Wednesday representing a, consoli-
dation of the East Side State bank
and the Rural street branch of the
Fletcher Savings and Trust Com
pany.
Combined STATS of the merged in
stitutions greeted visitors.
Charles F.. Bechtold, formerly
cashier of the East Side bank, is
manager of the east side branch
and Thomas D. Moffet. formerly
manager of the trust company S
Rural street branch, is assistant
manager.
Evans WooIlen. president of the
Fletcher Savings and Trust Com
pany; Hugh NICK. Landon, vice
president and chairman of the COM
pany's executive committee and
other executives Of the trust COM
pany we're present at the opening
ceremonies for the new institution.
Employs at the east side branch
include Kenneth Campbell, Dorothy
Edwards, Opal Brown. Paul Board
man. Ed Mulvaney. Arthelia Kee-
hafer and Louise Regan. The
branch began business wednesday
with total deposits in excess OF
sT0O 900.
The Indianapolis times., 1929-06-05
In the Stock Market
2. Thon.on (. McKInnonl

NEW YORK. June Con
structivc developments OF much i'm
pOrtancc arc almost daily unfolding,
while it is extremely difficult to
point 10 a single factor that might
be disturbing. Even the debate at
Washington relative 10 the actions
OF the federal reserve board will
regard as unimportant from a mar
ket standpoint. The reserve bOarc
has apparently begun 2 campaign to
gradually bring interest rates back
10 normal levels. if one of the fore
most Washington correspondents Is
correctly informed. IN fact re-
duction i'm the rate would appear
much more logical than otherwise,
if the international financial
structure is to be placed on normal
basis coincident with the working
out Of the reparations program.
With the second quarter nearing an
end. it Is timely perhaps to begin
anticipating unusually good earn
ings reports from our leading in
dustrial companies. Tho carly
passage of the farm relief bill with
out the Objectionable feature should
be instrumental i'm maintaining
high rate OF buying power which
after all The true measure OF
prosperity. We VIII. OF course, Wit
ness reactions due TO technical con-
ditiOns within the market but gen
cral conditions have improved to
such an extent that these are likely
70 be Of short duration.