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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 16, 1922

Page

3

Pan American declares 20 percent stock dividend shock in market

Pan American oil and transport company unexpectedly approves an additional 20 percent stock dividend. The move sparks a lively opening in Pan American issues while overall market activity remains near recent levels. Analysts note the dividend stems from the exchange of common and preferred stock linked to Mexican Petroleum, signaling a consolidation of holdings and regulatory commentary.

Wall Street Journal New York Pan American Shorts Rails Jtatter Group E. L. Doheny Pan American Petroleum and Transport Company Mexican Petroleum Company

Indianapolis Bank Clearings Hit Weekend Totals

Local banks report Saturday clearings of $5 452 000 with bank debits at $7 830 000. For the week ending Saturday, clearings reached $21 140 000 and bank debits were $40 556 000.

Indianapolis

Foreign exchange rates listed for December 16

The report shows buy and sell rates for currencies including French, lire, Belgian, marks, Greek, Swiss, guilders, pesetas, Sweden, Norway, and Danish kroner. Cables and demand figures are provided with various cent and percent values.

Tattes Financial Ixew Freneh Guilders Sweden Norway Denmark

Curb Market Edges Down After Steady Start

United Financial reports a quiet curb market session with many stocks retreating from early highs. Oils and Continental Can led declines while Standard of Indiana and Kentucky eased, and Delaware and Lackawanna coal touched a new 192 high before slipping back.

United Financial NEW York Continental Can Standard Indiana Kentucky Delaware Lackawanna

Cotton Market Opens Higher In New Orleans Trade

Cotton prices rose in early New Orleans trading with January at 25.10 cents, March at 24.50 cents, May 25.15 cents, July 25.00 cents, reflecting a 2 to 4 point uptick across the board.

Orleans BP Soc

Wholesale dressed beef prices from Swift & Co catalog

Dressed beef wholesale figures list by Swift & Co with grades and prices. Loins fetch 23c No 3 17c. Rounds No 2 2s 13c and No 8 7e. Neck and other cuts shown with per pound pricing in eighteenth/nineteenth century style.

Swift & Co Reeke

Sharp Rally in Grains Closes Near High Crop Records

Grains rallied sharply on the Board of Trade, closing at high figures and only slightly below peak crop records. The late surge followed a revised crop report review, continued Argentine rains, and strong export demand. Provisions closed unchanged.

United Financial Chicago Board of Trade Today

Chicago cash grain futures quotes for wheat corn oats

Chicago cash grain bids show No 2 red wheat at 1.24 1/4 dollars and No 2 yellow corn around 0.76 to 0.76 1/2 with mixed grades varying. No 3 white oats and rye priced near 0.89 and 0.46 dollars respectively. Time notes list over ten dollars at premium and totals around 6 67/5 dollars.

Dees

Bids Open for Grain and Hay at Indianapolis Board of Trade

December 16 bids show wheat through cilled steady at 1.20 to 1.31, corn easing with several white and yellow grades ranging 66 to 68 cents, oats higher with No 2 white near 44 to 41 cents, and hay prices listed for No 1 timothy, No 2 timothy, and clover. Inspections detail car by car grain receipts by grade and mix, total 74 cars. Prices quoted on a 40 cent basis to New York.

B&o Esee Brie Lack Gt Nord Lehigh al Wee Mo Pac Pfd N_Y_Central Ees NY NH NH & H North Pac Ene Eas Ee St Paul Pfd Stl & Sw Eae SF Wy Eee UN Pacific Ene Wabash Ste Wabash Ans c Aoe Baldwin i Airb Hoy Elec Steels Beth Elves Wi Gulf States Eee Motorse A Bosch M Chandler M Motors Kelsey Wheel Martin Perry Pierce-Arrow Stromberg Studebaker Willys-Over Minings Anaconda Amer Chile Utah Amer. Can AH & L Endicott-J Inter. P Mont. & Wee Seare-Roe United Drug Ind al. S Ee Am T and T Consolas People's Gas Union Austin Sug Wilson~& Co , Ae Indianapolis Board of Trade Timothy Corm New York

Local hay and wheat prices posted at area market

The local hay market lists loose hay at 17 and 18 dollars with Timothy at 5.16.50 per bale and mixed hay at 14 to 15.80. Local mills pay 1.26 for No 2 red wheat as wagon wheat prices.

Timothy

New York Produce Prices Mixed on Dec 16

Market report shows flour and pork weak while coffee and sugar hold. quotes for raw and refined sugar range around 5.53 to 7.35 cents, coffee Rio No 7 at 11 cents, and dairy and poultry prices steady to quiet with milk at 21 to 28 1/4 cents and butter around 54 1/4 cents.

United Financial New York Middle West Rio Poulne I Coast

Chicago Produce Prices Reported for Butter Cheese Poultry

Chicago produce prices list butter creamery extra at 62 1 4 to 62 1 2 cents. standards 50c. firsts 45 to 48c. cheese Twins at 27c. young Americans 26 to 27c. poultry fowls 14 to 19c. ducks 11c. geese 13c. turkeys 35c.

Antes Financial Cago

Cleveland Produce Prices From Northern Ohio Markets

Market bulletin lists butter in tubs at 50 cents per pound and extra creamery butter various. eggs priced with firsts at 57 to 63 cents. turkeys ducks and fowl noted with prices around 165 dollars per unit for live weight and other poultry items mentioned in New entries.

United Financial Cleveland Ohio Greg

Bond Trading Slower After Week of Heavy Activity

New York Dec 16 Bond trading eased after a week of heavy activity. Victory 4% bonds languished, easing reinvestment after government redemptions while francs strengthened boosting French government and municipal bond activity. Industry bonds showed caution amid mixed equity moves and copper price news.

United Financial New York Chicago Northwestern

Freezing and Thawing Hit Wheat Across State

Temperatures ran above normal for half the period and near normal the rest. Wheat and rye look good but suffer some damage from freeze thaw cycles without snow. Chinch bugs and Hessian fly seen in scattered localities. Hog cholera occasional in livestock. farm labor scarce at current wage levels.

George C. Bryant

Indianapolis Produce Prices and Poultry Listings

Indianapolis produce market lists fresh candied fruit at 48 cents a pound and butter packing stock at 27 cents. Fowls range from 16 to 21 cents per pound with various weights, turkey prices from 12 to 40 cents per pound, ducks and geese noted, squabs at 4.60 per dozen, and guineas per dozen. Local creameries pay 57 cents per pound for butterfat.

Ile Indianapolis

Cottonseed Shipments Rise at Mills Census Data Show

Washington December 16 the census bureau announced cottonseed ex nee reshipments received at mills from August to November 30 totalled 2 427 860 tons up from 2 253 974 tons for the same period last year the increase reflects higher output and demand.

United Financial Washington Milla

Linseed Oil Prices in New York and Indianapolis Markets

Linseed oil quotations show domestic spot 5c, January to April 87c, May to July 80 83c with foreign spot at 85c nominal. Indianapolis dealers quote raw at $1.01 per gallon and boiled at 03 per gallon.

United Financial New York Indianapolis

Cottonseed Oil Futures Report Shows Steady Market

United Nations exchange notes Dec. contract readings with prices from February through July listed. Spot price 9.60 cents bid. Market steady with 1,700 sales recorded.

United Oonciat Teaceon Demeiner Eeto Mare

Raw Sugar Market Opens Firm With Mixed Futures

Raw sugar prices opened firm with March at 3.39 to 3.41 cents and May 3.52 to 3.54, July 3.64 to 3.65, September 3.73 to 3.74 cents. Market closed steady with March 3.40, May 3.62, July 3.64, September 3.72 cents.

United Financial Law By. United

Hogs Rally With Light Receipts On Local Market

The local livestock exchange saw hogs rise briefly with light receipts totaling 5,500 hogs and 700 on hand state supply. Prices closed slightly below the early gain with hogs trading at load price and sows around 7 to 7.25. Cattle were nominal. calves steady near Friday's close. Sheep and lambs held steady with lambs at 15 and cows near 5. Receipts: hogs 200, sheep and lambs under 150.

Commodity Hogs and Cattle Markets Across U.S. Exchanges

Across Chicago East Buffalo East St Louis Cleveland Kansas City and other markets on Dec 16 receipts varied by species with hogs steady to active and cattle mixed. Prices ranged from packing sows 7.15 to 7.70 and steers 9 to 13.75 in various regions, lambs and sheep showing slower demand in some markets.

United Pinancial Chicago Grarling East Buffalo East St, Louis Cleveland Dee Baeken Alver Kansas City

Estate Tax Assessed on Meyers Estate Approved by Judge

Taxes assessed on the estate of the late Quincy A. Meyers by inheritance tax appraiser W E Rasmussen for Marion County and approved by Probate Court Judge Mahlon B. Bush total $1 598.77. Estate valued at $92 463.78. Meyers was formerly a judge of the Indiana Supreme Court and died December 29 1921.

Quincy A. Meyers W. E. Rasmussen Marion County Mahlon B. Bush Meyers Indiana Supreme Court

Indiana CPA rule change favored at Hotel Lincoln

The Indiana Association of Certified Public Accountants backed a proposal to lower residence requirements for the certified public accountant certificate from three to two years. They also urged legislation requiring a high school education or its equivalent.

Certified Public Accountant Indiana Indiana Association of Certified Public Accountants Hotel Lincoln

County approves auto contract for sheriff fleet

The board of county commissioners let a contract to Wangelin & Sharp for three Ford cars and one Fronty-Ford to be used by the sheriff's office. The total price is set at 1 947 dollars 72 cents.

Sheriff's Office Board of County Commissioners Wangelin & Sharp

Teachers Frame Bills At Statehouse Session Preview

The legislative committee of the State Teachers Association met at the Statehouse to prepare the program for the coming session. They discussed salary increases, teachers licenses, and proposed new study courses.

The State Teachers’ Association Statehouse

White slave trafficking exposed in Indiana conspiracy

Officials in Muncie report uncovering a conspiracy to traffic young girls from Virginia and Kentucky with a base in Muncie and Elwood. A 16 year old from Covington and a Terre Haute girl testified of escape from a Muncie house after being lured with high wages and locked in a room with a Chinaman. Police in Muncie and Elwood plan multiple arrests based on Mrs. Jesse H. McCreary’s information.

Nderson Ind Virginia Kentucky Muncie Elwood Jesse H. McCreary Covington Terre Haute

Club discusses change to dues and initiation fee

A business meeting of the Exchange Club will be held next Friday at the Lincoln Hotel. Montgomery S. Lewis, secretary, announced that amendments to the institution will be discussed, covering changes in the dues and the initiation fee.

Exchange Club Lincoln Hotel Montgomery S. Lewis

Marriage Licenses Listed for Several City Residents

A. L. Taylor of 345 Congress Ave. and Reda Button of 32% N. Senate Ave. are among couples issued licenses. Elsie Turner at 330 N. Ulviole Bt. 8 and C. Eversole of Akron Ohio with Rose Weaver at 4448 Winthrop Ave. are noted. C. W. Gibson of 1918 Wilcox St. and Loretta P. Brown of 2042 Sugar Grove Ave. are listed. L. Cook Jr. of Court St. and Arlington Ave. with Dorothy Goepper of 3055 N. Meridian 5 are included.

A. L. Taylor Congress Ave Reda Button Guest Lido N. Senate Ave Elsie Turner N. Ulviole Eversole Akron Ohio Rose Weaver Winthrop Ave

Births Reported For Several Families In City

Birth notices list newborns for Myron and Laura Mann at 920 N East James and Mary Woodson at 1928 Fayette Mitchell and Velma Tillotson at Methodist Hospital Charles and Sophia Hittle at 1326 N Tremont Ian and Alma Kennagy at 1122 N Randolph Charles and Ethel Robb at 1520 Garfield Everett and Tadek Wickit at 2848 Burton Earl and Dot Coward at 1732 Madison Menno and Louise Armatutz at 2828 McPherson Ora and Iola Searcy at 2120 Madison Carl and Clara Knuth at 2548 E Seventeenth Robert and Beulah Singer at 3427 W North and a and Margaret Overman at 843 N La

Myron Laura Mann N. East James and Mary Woodson Fayette Mitchell Velma Tillotson Methodist Hospital Charles Sophia Hittle N. Tremont Ian Alma Kennagy Randolph Ethel Robb Garfield Wits Everett Tadek Wickit Burton Earl Dot Coward Madison Menno Louise Armatutz McPherson Ora Iola Searcy Carl and Clara Knuth E. Seventeenth Robert and Beulah Singer W. North A and Margaret Overman N. la

List of Deaths and Causes from Local Hospital Records

The notices list numerous individuals with ages and causes of death including cerebral hemorrhage, carcinoma, pulmonary tuberculosis, aortic stenosis, cirrhosis of the liver, nephritis, mitral insufficiency, lobar pneumonia, meningitis, and chronic bronchitis. Names include Anna C. Wagner, Samuel Wert, Susanna M. Oglesby, Thomas Andrews, Emile White, Elmer Ben Floyd, Helen Casserly, Anna Mounta, Sophia Schortemeter, and John Lewin Smith among others.

Sete Burkett Long Hospital Anna C. Wagner Ewing Nathan Hutson St. Vincents Hospital Mosca O. Flim Samuel Wert N. Haugh Susanna M. Oglesby W. Twenty- Eighth Thomas ©. Andrews City Hospital Thomas A. Rice Michigan Aldine Simms John Lewin Smith W. Tenth Emile White Elmer Ben Floyd S. Tremont Helen Casserly Keystone Anna L. Mounta Sophia Sschortemeter New Jersey

Building Permits List Dense with Local Projects and Costs

A sprawling run of building permits lists Minnie M Swindler and many others with addresses in the city, noting doubles, repairs, garages, dwellings, and figures ranging from 150 to 8400 dollars. Items include projects at 4407 Central, 5043 East Forty Oarth, 4905 FE Michigan, 1202 W Thirty First, and 248 W Sixteenth. The compilation also mentions Realty Finance Building Co and Bernet Finford Co among others with multi-thousand sums for new structures and extensions.

Minnie M. Swindler Central E. Forty- Oarth Barth Michigan Apames L. Penso Graceland David Krieger Thirty- First Supreme ON and Refining Company Gastan W. Sixteenth Red OG. Paul Gala Jonald Christie Sherman Backer N. Sherman Bornman Fae van Richards Brooksae Sec . McKenzie Martindale S. H. Brecount N. Talbott An W. Parker Boyd Sonce Parker Holliday RW. Parker Eeabaeet Byrket W. Ohio Eva Byrket N. Belmont E A. Byrket Knight Dexter F. M. Knight Highland N. M. Knight Wid M. Knight Seta Craig Carrollton Sist Rhodes W. Pearl Realty Finance Building Company N. de Quincy Priscian Shen Bose

Mystery Hatchet Slaying Near Newcastle Remains Unsolved

William G. Shaeffer and wife Susan were killed at their farm near Newcastle on December 6. Officials say evidence is lacking to charge anyone with murder, with investigators considering homicide by unknown persons. A house search found three quarts of whisky. a safe deposit box in Muncie is to be opened for missing diamonds. Ben Brookshire remains jailed. observers doubt his involvement. Witness James Davidson testified Shaeffer failed to meet him at Middletown and noted Davidson’s $700 automobile loan to Mrs. Shaeffer. Police probe possible booze ring ties to the case.

Felix Bruner Times Newcastle Ind William G. Shaeffer Susan Here Henry Delaware Corner Drake Shaeffer George R. Jeffrey Schaeffer Muncie Ben Brookshire The Schaeffers James W. Davidson Shhaeffer Indianapolis Middletown Lean Davidson

Pennies and Pliers Trigger Two Arrests

Police arrested Murrell Lisby and Edward Russell for vagrancy after finding 197 pennies a pair of pliers a screwdriver and two small tools on them near Dlinois and Twenty-Fourth Streets at 2 am. Lisby claimed the pennies came from a penny-ante game at 4305 ER. Sixteenth Street while Russell said the tools were for fixing roller skates.

Murrell Lisby Edward Russell Chitwood Bedford Dlinois Illinois Lisby Sixteenth St Russell

Police follow new crew in river death mystery

Chicago December reports say police traced shrimp shrieks heard by watchmen to the Chicago River two miles from the scene where Arthur Foster tied to the case is moved from detectives to the sheriff. Mrs Kate Mitchell Trostell remains missing as investigators seek the source of the two cries heard midnight December 2 and linked to her disappearance.

Chicago Kate Mitchell Trostell Arthur Foster Trostell United Press Mra Foster

Vegetable broker accused of potato load embezzlement

Jacob Leffler 305 North Pine Street a vegetable broker hired Charles Justice 220 North Noble Street peddler to sell potatoes. Justice returned the empty wagon but not the $35 claimed value and was arrested on embezzlement charges by Detectives Brickley and Finneran.

Jacob Leffler Pine St Charles Justice N. Noble St Leffler Brickley and Finneran

Hobbs Reelected President Of Indiana Horticultural Society

Hobbs of Bridgeport won another term as president of the Indiana Horticultural Society at the closing session in Lafayette. Other officers elected include F. I. O Dell Cannelton vice president H H Swain West Lafayette secretary treasurer W M Walton La Porte and D B Johnson Mooresville on the legislative committee.

Timosa

Man Fights Custody. Judge Sets Visit Fee and Limits

Bruno L Schelske, a truck driver, faced his wife in Superior Court over divorce and a restraining order. The judge allowed Sunday visitations at a cost of five dollars per visit and required cash payment to the wife, with outings limited to within town. The mother testified Schelske had not contributed to the children's support as they separated.

Bruno L. Schelske Olive Sr T. J. Moll

Tire theft reported on Northwestern Avenue

Ray M. Dille of 3039 Northwestern Ave. reported a thief stole a tire valued at $20 from his parked car in front of his home.

Ray M. Dille Northwestern Ave

House backs world disarmament call in naval bill

The House approved a proposal to ask President Harding to convene another world disarmament conference. The vote 251 to 9 adopted an amendment to the naval appropriation bill urging negotiations with former arms conference participants to extend naval armament limits and curb aircraft and submarine construction.

United Press Washington House Today Harding House

Also Mentioned on This Page

Wall Street Inew York Thomson & McKinnon Ask Acme Packing Curtis Aero Com Curtis Aero Goldfield Kirby Nipissing Accerens Co Standard Motors Salt Creek Seceeae United P Wricht-Matin Yukon Gold Mine Co New Cornelia United Verdeweer Oe Sesnoysh Omer Hich Susee See Motors Com. Edison Nat Les New L. McN. New Swift Wd Co Swift Intl Lew. Arn. Oot Nion Wiles Yalow Taxi United Owen. Rich Aary Wee Cevenss Chicago Grain Table Chicago Cash Grain Indianapolis Cash Grain Cleveland Produce H. Low Victory New Gov Bis Hage Uruer Siat Hobbs Heads Fruit Growers Fletcher American Company Ad Floor Pletcher American Bank Bldg Oaetroiounville South Bene Private Wire Co Prinsipal Markets Bruno Schelske Portland Cement Association of National Organization Des Moines Helena Kansas Los Angeles Milwaukee Mnea Parkersburg Philadelphia Portland Salt Lake City San Francisco Seattle St. Louis Vancouver, B.C
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