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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Aug 25, 1928
Page
4
Classified notice from 5901 N. Keystone listing male help wanted for a health facility named Broad Ripple Sanitarium. Mentions nervous, mental, and alcoholic patients and a licensed bidg (building) project with contact Hu. 5955. Includes paramedical employment cues with a colored or coded phrasing.
Weakness at foreign markets and lack of buying support caused sharp losses in wheat on the Board of Trade. Corn pursued an erratic course and closed slightly lower. Oats lost in sympathy with corn. Provisions were sharply higher. Trading was quiet as traders awaited signs of the end of the long decline.
Chicago market notes show Wheat prices across No 1 hard to No 6 yellow with various futures readings. Toledo lists cash and futures prices for wheat corn rye oats barley and forages with cash and futures. Times Special reports primary receipts for Wheat Corn and Oats and compares to last period.
Bids for grain at the Indianapolis Board of Trade show f o b 41¢ New York rate. Wheat prices span No. 2 red 1.31 per bushel, No. 2 hard 1.04. Corn ranges 93–98c for various grades, with No. 3 white 94c and No. 2 yellow up to 98c. Oats steady around 34–35c. Hay ranges from 12.40 to 15.50 per ton for different grades. Inspections list multiple cars by grade and grain type, totaling 11 cars wheat, 29 cars corn, and 1 car barley.
The twenty industrials averaged 229.24 on Thursday, down 0.47 from the prior session. The twenty rails averaged 141.21, up 0.20, while forty bonds averaged 96.00, rising 0.05.
Indianapolis clearings totaled 3 031 000 with debits at 5 932 000. Chicago listed 100 800 000 in clearings and a 6 500 000 balance. New York reported 1 028 000 000 in clearings with 105 000 000 on the clearing house side and 80 000 in Federal Reserve credit balance. Treasury balance stood at 249 666 898.95 with customs receipts to August 22 at 36 613 424.74. Foreign exchange closed higher with sterling at 4 847 %, francs 3 90, Montreal 1 1 000 3125.
In New York on August 24, after opening near unchanged, the cotton market rose about 25 points as demand for the October position grew. The South reports insect damage while rains in Texas and Oklahoma are seen as beneficial. Prospective East rains may hurt. Markets await crop-movement cues and expect exchanges to carry more crop volume unless world needs prove smaller. Prices: January 18.40 close 18.20. March 18.47 18.23. October around 18.28 18.36. December 18.56 18.28.
Financial page item notes New York stocks reported by Thomson and McKinnon. Markets show varied activity with movers and notable price shifts across key industrial, railroad, and utility issues.
Hog prices opened steady to lower with lots weighing 150 to 280 pounds selling around 12.55 to 13.10, a top of 13.10 paid at the local stockyards. Receipts held near 5,500 with 881 Thursday carryovers. cattle margins were steady though steers scarce, vealers rose up to 1.50, sheep and lambs steady to 13.50, and Chicago hogs opened slow to steady with top 13.
Nationwide hogs and cattle receipts show slow or steady demand. Prices vary by weight class across Chicago Louisville Fort Wayne Pittsburgh Cincinnati Toledo and others, with top hog bids around 13.25 to 13.60 and steer quotes up to about 16.90 for heavy cattle, while sheep and calves show mixed movements in steady ranges.
In New York stock notes the market climbs daily to new highs, backed by merit in a high grade stock group. Borrowed money remains within prior limits and liquidation suffices to avert congestion. The piece argues the rise reflects faith in national policies supporting business expansion and prosperity, with no sign yet of an impending culmination.
A dense price list for fruit and vegetables with many items including apples from the US at $1.25 per basket and various crates and per-unit prices. Items cover lemons, limes, melons, oranges, peaches, pears, plums, watermelons, beans, beets, cabbage, carrots, cauliflower, celery, corn, cucumbers, onions, parsley, mangoes, potatoes, radishes, rhubarb, spinach, sweet potatoes, tomatoes, cider and misc jams. Prices shown for home grown, imported, and hothouse varieties with units such as per crate, per dozen, per bushel, and per gallon.
In Chicago wheat slipped from Thursday gains as Canadian frost fears faded. Reports mixed from Winnipeg on damage potential with forecasts of cool weather. Australian and Argentine shipments rose while world clearances neared 14 million. Corn showed strength at dawn then weakened late. oats advanced then pulled back. Provisions saw firmer lard and steady cash demand amid a broad market tone.
About 3000 to 3500 Ohio miners are to return to work in fourteen mines by Sept. 1 under a pact between the Central Ohio Coal Operators' Association and the mine workers. The agreement sets a $5 wage per care and 70 cents per ton for cutting and loading, effective until March 1, 1930, without a competitive clause. A joint six member committee will study conditions and plan a wider conference before the end of the contract term.
Wholesale butter prices No 1 and No 2 range 50 51 cents and 48 48 cents per pound respectively. Butterfat buying price 47 48 cents. Cheese wholesale selling prices per pound include American loaf pimento loaf Wisconsin flat prime cream flat aDisy Longhorn New York Limberger. Eggs bovine deliverea in Indianapolis with loss off. Poultry buying prices hens 23 24 cents Leghorn hens 18 19 19 minus spring large breed 2 lbs and up 29 cents 34 a? ducks 12 13 8 10 cents new geese 8 10 cents guineas young 50 cents oid 15G37e.
Cleveland August 24 reports butter extras at 50s to 51 2 0, eggs extra firsts 40s to 32 1 2c, poultry prices for heavy fowls leghorns and broilers, various weights listed. East Buffalo also notes hog receipts 2000 and cattle, calves, and sheep markets with prices and ranges for beef steers, yearlings, cows, vealers, and lambs.
Robert D Beinburg 19 son of Ella Beinburg and brother of Casper Beinburg died early Thursday. Remains viewable at Kirby Dunn funeral chapel 1901 N Meridian St. Funeral Saturday 2 p m at chapel. Burial Crown Hill Cemetery. Also notices follow for Granagher Ham and other obituaries and assorted classified items.
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