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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Apr 28, 1925
Page
3
Hog prices dipped 5 to 15 cents with light hogs at 11.75 to 12.10 and mediums near 11.90. Pigs mostly 9.50 to 11.76. Sows steady to down 9.75 to 10.25. Cattle bids were sluggish with steers 9.50 to 11 and cows 4.50 to 8.50. Receipts about 9,000 hogs and 1,600 cattle. eastern division prices up 50 cents for good stock.
Chicago and other markets report receipts around 16 000 cattle 13 000 sheep and lambs 22 000 hogs with uneven or lower bidding. Prices show fed steers around 25 to 50 cents down with select lots near 10 50 to 12 00. sheep and lambs mix of gains and steady levels. hogs lower to steady with ranges roughly 11 60 to 12 60 for mediums and heavies. other cities note similar activity and varied declines.
Grain futures closed sharply higher on the Board of Trade led by bread grains with late Liverpool recovery and frost in the American belt boosting buying. Improved cash demand supported wheat and corn, while oats lagged. provisions also rose after a period of weakness.
Chicago on April 28 lists wheat and corn price quotes with multiple contract terms and futures points. The report also shows receipts for wheat, corn, oats, and rye for the period, alongside specific bid offers and market values at nearby futures maturities.
Chicago prices show butter receipts 15 581 pounds with standard 44 cents and firsts 44 cents. Poultry receipts include fowls 29 cents and turkeys 28 cents. potatoes Wisconsin round whites range 50 to 70 cents. Cleveland lists Leghorns and light stock at 26 28 cents with ducks 20 to 60 cents and extras up to 47 cents. Toledo reports wheat 82 1 83, corn 1 19, oats 5 1905, hay around 2 dollars.
The Indianapolis school board will consider bids at its meeting tonight for general painting in grade school buildings, writing paper and supplies, and for the purchase of wreckage of old buildings on the site of the new colored high school.
Meyer Huffman reports his home at 922 E Forty Sixth St was broken into Monday night. Police were notified and the loss amount remains undetermined as the family had just returned from a trip.
The document outlines the company's financial status as of December 1924 listing capital paid in at 300 100.90, cash on hand, bonds and stocks market value, mortgage loans, accrued securities, premiums due, reinsurance receivable, total net assets 83,835,108.14, and reserve for reinsuring unexpired risks. It also notes losses unpaid, reserves for commissions, taxes and expenses, and other liabilities.
The Indiana Commissioner of Insurance certifies the Royal Union Life Insurance Company of Des Moines Iowa as of December 31 1924 showing paid up capital 250000.00 net assets 7 27 7 368.42 and total liabilities 5 553 106.14. The document records cash in banks mortgage loans notes and other assets with the official verification on file in Indiana.
Indiana commissioner certifies the Washington Life and Acc t Insurance Co is in sound condition as of December 1 1924 with assets liabilities and reserves listed. official signature and seal dated January 6 1925.
Indiana Commissioner certifies the December 1924 financials of Western Casualty Company. Key figures include capital paid up at 200000, bonds and stocks value 230801, total net assets 717842.18, losses unpaid 6723.56, and other liabilities 302408.00. Corporate officers listed are A Watson Armour as President and Geo M Willetts as Secretary. Commissioner S. McMurray Jr. signs the official filing dated April 9, 1925.
List of permits includes reroofs for Charles Richard at 3935 Grace and Owan Hildner addition at 3364 Carrollton, apartment at 20 1 E Merritt, several repairs and remodels. Notable values include W R Bishear dwelling 3461 W Michigan 3000, Leonard Bagnoli dwellings 5029 Kenwood 4500 and furnace 212, and John Rhodes dwellings 140 W Forty Fourth 6500 with furnace 226. Indianapolis Star elevator project at 301 N Pennsylvania 3000.
State of Indiana records show Sun Indemnity Company of New York with capital paid up of 700000 and total assets of about 2233425.29 as of December 31 1924. Commissioner T B McMurray Jr certifies the original statement is filed and correct with official seal dated April 9 1925.
Indiana Commissioner of Insurance reviews United Casualty Company of Westfield on December 31 1924. The statement shows capital 100000 amid accrued securities 23700 74 losses adjusted 4023 63 unadjusted free of 218741 67 total liabilities 29740 54 and assets 89 001 13. Official seal and signature of T Murm ay Jr. confirm filing.
Stocks opened higher on April 28 led by United States Steel optimism after a forthcoming earnings report. Rail issues, including Frisco, Southern Railway, New York Central, Atchison and Southern Pacific, posted gains while American Can, Radio Corporation, Pan-American and Anaconda advanced. Industrial Alcohol rally pressured markets as Hoover cited reports on German synthetic alcohol threatening U.S. firms.
Local banking figures show clearing of 95 480 000 with debits of 5 712 000. The data reflect Tuesday activity across clearing houses and participating branches.
New York April 28 Foreign exchange markets closed higher with several currencies advancing. Demancerling up 9 16 points, francs at 4.09 and higher, marks quoted at 23.50 and the yen showing gains. Cross rates and international references noted for Hong Kong Yokohama and Russie markets.
Price listings show various fuel and oil brands with small cents per gallon figures. Items include Energee, Purol, Crystal, Sinclair, and Moore with prices around 12.7 to 24 cents per gallon. Notes mention furnace oil and cleaners, with incomplete product names and figures.
Indianapolis elevators posted a price of 1.65 dollars per bushel for No 2 red wheat with nearby delivery, reflecting prevailing market rates.
Delegations of postal employees from major Indiana cities attend a mass meeting to honor Congressman M. Clyde Kelly for the postal salary increase bill. Indiana’s U.S. senators and 13 representatives were invited. Principal address by Kelly with a 2 to 4 pm reception at Severin and a 6 pm dinner. Victor W. Martin presides. Ralph Updyke welcomes. chorus sings. speakers include W. J. Gainor, W. M. Collins, and Leo George.
Moorhead board of works today signaled they would rescind a Monday action granting Peoples Motor Coach Company a twelve year passenger bus franchise across fifty nine streets. Officials said misinformation from Arnold Smith Bowman led to the grant tied to a hoped $75 annual per bus revenue and a May 1 law date. Freeman noted more time is needed to investigate.
The Indianapolis Council of Social Agencies endorsed Dr H B Hatch Sunnyside Hospital superintendent's proposal for a 100 bed tubercular unit at the city hospital. Open house is set for Thursday at the society's new headquarters 337 N Pennsylvania St and at Public Health Nursing Association 324 Indiana Pythian Building.
Delegates to the National Scale Men's Association convention toured Indianapolis after sessions at the Severin. Van Camp Packing Company plant visited. sessions run through Wednesday with elections and resolutions. Julian Wetzel welcomed delegates at a Severin luncheon. Displays from scale firms are shown at the Severin and Spencer House.
The Rev. Francis Bradley aged 47 of St. Marys of the Woods Terre Haute died Monday night at St. Vincent Hospital from heart trouble after a brief illness. The body was taken to John F Reynolds undertaking. Funeral services will be held in Terre Haute. Detectives will go to Anderson Indiana to take into custody John Ballard 19 Evansville Indiana and Earl Lockhart 19 Ft Wayne Indiana on a charge of vehicle taking for allegedly stealing John White's automobile from 607 Kahn Building Monday night.
The Kirk Company successors to Wheeler Bros announce a formal opening of their furniture store at 311 E Washington St. on Saturday. The store has been closed for renovations and moving in new stock, with the warehouse department relocated. Louis Freiberg serves as president and A H Frank as secretary and vice president.
Chief Thomson of Shelbyville Indiana notified police to search for Miss Freda Kuhn who ran away from home Monday. She is described as having dark bobbed hair and wearing a blue striped dress and may be at the residence of a local woman whose address was given by the chief.
State tax commissioners approved a 57300 bond for the B. F. Learner road in Center Township Howard County and a 14000 bond for the Vernon Hoke road in Oregon Township Starke County.
Prof. Wood Unger of Butler University will address the Kiwanis Club luncheon on Wednesday at the Clay pool. L. A. Estes, chairman of the Know Your City committee, arranged the program.
Financial report for the United States branch of The European General Reinsurance Co Ltd dated December 31 1924 and signed April 9 1925 by Commissioner T S McMurray Jr. includes capital deposits cash in bank mortgage loans salvage and premiums receivable and liabilities detailing reserves reinsurances and totals for assets and capital. The document lists liabilities losses adjusted and unadjusted unpaid bills and other items totaling 38 637 528 34 with a capital of 7 500 000 00 and total assets of 10 037 528 34 whereas the National Casualty Co report lists net assets 730 617 74 with cash bonds and mortgage loans.
The 1924 statement shows Commonwealth Casualty Co with capital paid up 300000.00, assets and liabilities totals, accounts receivable and unpaid losses, and a certification by Indiana and New York officials dated April 6, 1926, asserting copies on file. It includes figures for loss reserves and miscellaneous accounts and names officers H. Stewart and E. Cook with duties listed.
The Marion County council today approved additional appropriations totaling 88 790 for county government and its institutions for the year ending December 31 1925. Items include 1500 for an emergency sheriff automobile 1250 for a county surveyor car and 650 for a machine for special prosecutor investigator Claude M Worley. The council also set a 1700 salary for the new chief deputy prosecutor in Judge Dan White's court and vetoed action on a N Meridian Street bridge over the canal until street plans for that area are outlined.
Herbert Brown 29 of R R C Box 268 faces driving while intoxicated charges after his car allegedly struck Walter Hisbury wagon at EB Tenth Street and Eagle Creek injuring Elsie Overton. Stanley Pitchford 38 of Lorraine charged with speeding and DWI after hitting a parked car at 1544 W Washington St. George Orland of Ft Harrison also charged with DWI. Harry Dunlop 20 of 807 Lexington Ave charged with speeding.
Mattie Raines, 20, colored, of 224 W Wyoming St was fined 25 dollars and costs and sentenced to twenty days in the Indiana Women's Prison in city court today for petit larceny She allegedly stole two dresses from a downtown store.
Earl Keetz, 24, of 40 N Miley Ave, arrested Saturday by a traffic officer on a vagrancy charge and freed on a $100 bond, did not appear for trial in city court Monday after detectives intensified efforts to re arrest him.
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