Early Trading Shifts Push Industrials After Rail Selloff
Wall Street opened with uneven moves on the New York Stock Exchange as rails weighed the market. Union Pacific and Great Northern drifted lower while industrials edged up on news of possible special dividends and a potential $4 payout alongside a 75 cent extra.
MENTIONED IN THIS ARTICLE
United Financial New York
Wall Street Journal Today
New York Stock Exchange
Great Northern
Union Pacific
Northern Pacific
New York Central
Chicf & Northwestern
Local Bank Clearings and Foreign Exchange Summary
Indianapolis bank clearings Wednesday reached 3 506 000 dollars with bank debits 11347 dollars. Foreign exchange opened with multiple currencies including French franc cables at 6.99 cents, Lire 4.9 cents, Marks 01 percent, Peseta 15.49 cents, and Sweden Denmark Norway rates noted.
MENTIONED IN THIS ARTICLE
Indianapolis
C. Tose
Belrian
Sweden
Rae
Norway
Denmark
Wheat Weak at Chicago Mart Amid Mixed Grain Stance
Chicago December grain trading showed wheat and December corn slipping while oats held firmer on domestic demand. Liverpool quotations and large receipts pressured wheat with several regional supplies noted. Chicago saw a 30 bushel wheat intake and Argentina reports were favorable. Local wagon prices for No 2 wheat stood at 1.15 with other poultry and dairy headings listed.
MENTIONED IN THIS ARTICLE
United Financial
Chicago
Chicago Board of Trade
Liverpool
Minneapolis
Duluth
Winnipes
Kansas City
Linseed Oil Prices and Turpentine Rates Reported
Indianapolis dealers quote linseed oil raw at 1.01 dollars per gallon and boiled at 1.03 per gallon. Turpentine in barrel quantities priced at 1.69 dollars per gallon.
MENTIONED IN THIS ARTICLE
Indianapolis
Jury sentences 15 year old in shooting case
Edwin Burkhart, 15, was sentenced to five years in the State Training School for the allegedly accidental shooting of his friend Troy Coker while hunting. Burkhart's sister spoke tearfully as jurors left, saying she hopes each juror with a son experiences the same punishment.
MENTIONED IN THIS ARTICLE
FT. Worth
Texas
Edwin Burkhart
Troy Coker
Burkhart
Curb Market Slips as Oil Shares Drift Lower
New York curb market was lifeless with prices down from yesterday. Standard Oil of Kentucky held at 125 while New York Transit rose to 135 ex dividend, Vacuum jumped to 645, and Willys first preferred moved to 9 1 2 as motors steadied amid overall weaker trading.
MENTIONED IN THIS ARTICLE
United Financial
NEW York
Standard Oil of
Kentucky
New York Transit
Willys First
Hog Market Rises 10 Cents Amid Heavy Supply
With 15,000 hogs in the pens, prices advanced 10 cents as demand remained strong. Heavy and medium pigs sold at 8.25 to 8.35 dollars, lights at 8.30 to 8.35, sows up about 15 cents to around 7.15. Cattle stayed steady, calves fell 50 cents, lambs dropped from 14.25 for top, ewes unchanged at 5.00. Receipts: hogs 600, cattle 1,300, sheep 300.
MENTIONED IN THIS ARTICLE
Sean
Live stock markets in East St Louis and Cleveland report mixed cattlehogs and lamb data
Receipts in East St Louis show cattle steady with varied grades and hogs priced around 8.10 to 8.50 for heavy weights. Sheep and lambs show dull trade with prices near 6 to 12.75 for lambs. Cleveland hogs steady with workers around 6 to 8.70 and cattle steady with bulls and steers quoted up to 11.00.
Bond market opens steady amid small buying volume
New York reports a steady bond market with light, well distributed buying across issues. Prices show mixed activity including Alton 3s at 52 and United States Rubber 5s at 87 as the NYSE committees issue new odd lot rules to aid small investors. Hayden Stone offers Dominion Iron and Steel Company bonds at 85 with interest.
MENTIONED IN THIS ARTICLE
United Financial New York
Alton
New York Central
United States
Southern Railway
St. Paul
Committee On Arrangements
New York Stock Exchange
Hayden, Stone & Co
Dominion Iron and Steel Company, Limited
Consolidated Mortgage
Cotton Market Opens Steady with Small Gains in New York
United reports New York cotton opens steady with December at 24.40 cents up 5, January 24.40 up 5, March 24.50 up 3, May 24.40 up 2, July 24.20 up 9. New Orleans follows unchanged to higher with January 24.00, March 24.02, May 23.95 up 3.5, July 23.76 up 7. Liverpool notes limited spot demand and steady open abroad.
MENTIONED IN THIS ARTICLE
By_ United
Financial New York
United Financial
New Orleans
By_United
Liverpool
Anigien
Beef price report from CME shows varied cattle futures
The CME price listing notes mixed movements in dressed beef and cattle futures amid market fluctuations. Analysts point to supply and demand shifts, with traders watching live cattle and boxed beef trends.
Oil man to fund two churches in Smackover
W A Mackenzie of Smackover Arkansas a newly wealthy oil operator after a local oil discovery plans to donate 100000 to build two churches in Smackover one Memorial Presbyterian Church and one Mission Baptist Church saying he wants to show appreciation to the author of his blessings and will use part of his riches for this purpose.
MENTIONED IN THIS ARTICLE
Monroe
W. A. Mackenzie
Smackover
Ark
Memorial Presbyterian Church
Mission Baptist Church
Mackenzie
Mouse Performs Caesarean on Itself at Ohio Prison
A pet mouse belonging to a life-term prisoner at the Ohio State penitentiary delivered four offspring by self-inflicted Caesarean section. Dr. J. F. Baldwin and Ohio State veterinarians examined the autopsy find ings, noting a perfect healing scar after the self operation and prompting a broader medical inquiry into whether birth via Caesarean is science or nature.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Ohio State Penitentiary
J. F. Baldwin
Grant Hospital
Veterinary Hospital
Ohio State University
Willis A. Whiteman
Baldwin
Sophomores Buried During Strange Library Ceremony
Freshmen from the College of the City of New York staged a burial mock service at the Public Library for a sophomore imprisoned in a coffin. A crowd of about 200 gathered, police from W. Thirtieth Street arrested four students including Ebert Gross, James Whitfield, and Joe Meyers, as Whitfield, a sophomore, was among the arrestees.
MENTIONED IN THIS ARTICLE
New York
College of the City of
Whitfield
Gross
Salome
Schiff
Meyers
Packs of wolves threaten deer in upper Michigan
Ironwood Michigan December 6 packs of wolves are exterminating young deer in the upper peninsula hunters report wolves approach camps and chase fawns near groups of hunters howling heard nightly deer remain plentiful game wardens across the Wisconsin line surprise six hunters with twenty carcasses in violation of law
MENTIONED IN THIS ARTICLE
Ironwood
Mich
Upper Peninsula
Wisconsin Line
Mines Experts Test Radio for Coal Mine Signals
Bureau of Mines experts report coal strata obstruct radio signals between pit and surface. Signals passed through fifty feet of coal. higher wavelengths may extend reach.
MENTIONED IN THIS ARTICLE
U.S. Bureau of Mines
Silent Night Radio Observed In San Antonio
Radio stations in San Antonio Texas adopt a weekly silent night to let listeners switch to distant stations. The Friday observance aims to broaden audience reach and encourage tuning in elsewhere.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Tobacco and tea harm compared by English experts
In Philadelphia debates, Sir James Cantlie’s claim that tobacco may be less harmful than tea or coffee is questioned by Dr. Louis Gershenfeld. He notes Americans drink far less tea than English women and warns tobacco harm cannot be judged without long term study.
MENTIONED IN THIS ARTICLE
Philadelphia
James Cantlie
London
United States
Louis Gershenfeld
Philadelphia College of Pharmacy
England
Gershenfeld
James
Sir James
Man gets five year term in Milwaukee case involving 14 year old
Elden Wilkes is sentenced to five years in the house of correction by Judge A C Backus after serious charges connected to Frances Chriswell of Kansas City. Clara Wilkes, his wife, is placed on parole for aiding the operation on the girl. She testified she tried to shield the girl from disgrace and nursed her at home. Miss Chriswell says she became infatuated with Wilkes while he stayed at his mother’s house and did not know he was married.
MENTIONED IN THIS ARTICLE
Milwaukee
Elden Wilkes
House of Correction
A. C. Backus
Frances Chriswell
Kansas City
Clara Wilkes
Miss Chriswell
Wilkes
Prisoner and judge clash in contempt case in Yonkers
Joseph Norkowski told Judge Morehauser to go to hell and was fined 250 dollars for contempt. He will serve the fine at one dollar a day as he lacks funds. The judge retorted that the issue was not language but his choice of the wrong kind of words.
MENTIONED IN THIS ARTICLE
United News
White Plains
N. Y
Joseph Norkowski
Yonkers
Morehauser
Norowski
Confiscated Jewels Fetch $20 000 At Brooklyn Auction
Diamonds and jewelry seized by customs in Brooklyn over two years sold for about $2,000 at a federal building sale conducted by U S Marshal Jesse Moore. The 150 pieces had an appraised value of $26,000 and included a 12 carat yellow diamond sold for $300. About 200 bidders attended, with few women among them.
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New York
Brooklyn
United States
Jesse Moore
Federal Building
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