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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 18, 1923

Page

3

Wall Street Stocks Hold Steady Amid Tax and Bonus Debate

Stocks showed a steady tone with demand for leaders and strong support for Oils and others amid holiday shopping strength. Trading eased after morning gains as investors awaited the house action on soldier bonuses and Mellon tax plans. Corn Products rebounded while industrials like Baldwin showed uneven pressure. bank clearings in Indianapolis totaled 3.613 million with debits of 7.333 million.

New York Stock Exchange

Foreign currency rates show steady exchanges

United Financial reports steady foreign exchange prices on December 18 with bid and cable quotes for major currencies. The franc trades around 4.374 per dollar with various regional and cable figures noted. Other currencies include lire at about 4.33, marks near 4.59, Swiss at 1.745, pesetas around 130.4, and Swedish krona about 0.7639. hjel

United Financial W York Demail C. Begion C. Este Guiders Pestis

Markets Show Wide Range Across Cities In Mid-December

INDIANAPOLIS reports vary by item with butter at 28 to 59 cents per pound, fowl and turkeys listed with multiple prices, eggs around 49 to 49 cents, and poultry in general showing steady demand. Chicago and Cleveland markets cite butter, cheese, meat, and produce prices with mixed trends. Hospital Trustee Resigns At Rushville ends a long tenure as Joseph L. Cowing steps down after eighteen years on the Eastern Hospital for the Insane board.

Times Special Rushville Ind Joseph L. Cowing Eastern Hospital For the Insane Richmond

Government Crop Figures From 1923 Estimates Released

The Department of Agriculture released preliminary 1923 production and value estimates for major US crops and revised 1922 figures. Corn 1923 3,054,395,000 bushels worth 2,222,013,000. Winter wheat 572,340,000 bushels worth 543,825,000. Spring wheat 213,401,000 bushels worth 181,676,000. All wheat 785,741,000 bushels worth 725,501,000. Oats 1,299,823,000 bushels worth 539,253,000. Barley 198,185,000 bushels worth 106,955,000. Rye 63,023,000 bushels worth 40,804,000. All day 106,626,000 tons worth 1,390,967,000. Cotton 10,081,000 bales worth 1,563,347,000. Sugar beets 6,893,000 tons worth 49,890,000.

United Financial Washington Department of Agriculture Today United States

Curb stocks fall after opening on profit taking

In New York on December 18, curb stocks edged lower after the bell, with oils hit by selling. Southern Oil of Kentucky rose to 110 amid talks of a 40 to 50 percent stock dividend. Vacuum, Reading Coal Rights, Hupp, Radio and other names showed varied moves while Mesabi and Gulf saw fractional changes.

United Fone New York Southern Oil Kentucky

Trade rumors deny abrupt lease termination for United Cigar

In New York officials deny rumors that United Cigar Stores Company of America lease to Schulte Retail Stores was suddenly terminated. Negotiations progress with main terms agreed, contingent details to be settled. Other cities note mergers and dividends in industry updates.

New York United Cigar Stores Company of America Schulte Retail Stores Corporation

Cotton Market Opens Lower in New York Trade

In New York cotton market opened weaker with December at 400.0 cents, down 20 points, January 34.20 cents, down 8 points, March 24.48 cents, down 22 points, May 24.70 cents, down 20 points.

United Financial New York

Raw Sugar Market Opens Steady In New York

The raw sugar market in New York opened steady on Pec 18 with prices for several futures showing modest moves. December at 5.74, January around 24% cents, March 4.66 to 4.87, May 5.0, July about 4.77 to 4.78 cents.

United Financial NEW York

Dressed Beef Prices List for Swift & Co Wholesale

Wholesale dressed beef prices from Swift and Co list rib cuts No 2 thirty cents No 1 seventeen cents loin No 2 twenty five cents No 3 eighteen cents rond No 2 twenty cents No 3 five cents chuck No 2 and No 3 ten cents plates No 2 ten cents No 3 omitted.

Swift & Co

New York Money Market Report Dec 18

New York money market and commercial paper activity show rates near five percent. The brief note indicates a fairly active market with typical spreads and liquidity for the period.

Zy Cartet Financial New RE Timey Money

Grains affected by crop report dampen Chicago trade

Chicago markets opened lower as the government crop report showed larger supplies of all grains. Wheat fell with Liverpool's midday drop, export business stayed limited at 250000 bushels, and corn saw selling from longs and Monday buyers. Argentine weather was favorable after rains, with generally good foreign and domestic crop news. Hogs and provisions remained weak with prices unchanged to lower.

United Financial Chicago Chicago Board of Trade Liverpool

Chicago Grain Table At 11 45 Dec 18 Wheat Prices

Primary receipts show Wheat 1 89 million versus 1 8469 million last year while corn, oats also rise. Shipments list Wheat 511000 against 492000 and corn 754000 against 408000 with oats at 679000 versus 457000. Car lots show Wheat 40, corn 413, oats 127, rye 6.

Chicago

Grain Briefs from Chicago on Wheat Stocks and Market

Chicago report notes 15.6 to 20 million bushels of wheat remain at Ft William terminals with navigation closed. Open winter allows Northwest farmers to finish fall work and conserve feed while favorable weather boosts plowing. Kansas corn prices firm at 60 cents a bushel. Westload of corn rises. overall market may be dull with holiday activity. Alberta harvest up over last year by over 100 million, totaling 167,265,084 bushels.

Chicago Ft. William Northwest Alberta Department of Agriculture

Local Mills Pay $1 For No 2 Red Wheat

Local wagon wheat market reports mills and elevators offering one dollar per bushel for No 2 red wheat. Strong demand supports farm prices as farmers trade grain locally.

Cloverseed Market Sees Local Dealers Pay High Prices

Local Cloverseed dealers are offering between 10 and 12 dollars a bushel for cloverseed, signaling strong demand from farmers and merchants in the area.

Seven Slight Injuries After Big Four Bridge Crash

Seven people sustained minor injuries in a rear end collision of three Indiana traction cars on the Big Four bridge in Louisville. Cars hailed from Jeffersonville Seymour and Charleston. Injured include Richard Robinson 20 Jeffersonville Mrs Raymond Chapman 19 Jeffersonville W B Schimpff 33 Jeffersonville Ed Forsee Clarksville C W Cooperite 45 Scottsburg Downs White 21 and an unidentified infant.

Louisville Indiana Traction Jeffersonville Seymour Charleston Richard Robinson Raymond Chapman W. B. Schimpff Ed Forsee Clarksville C. W. Cooperite Scottsburg Downs White

Loving hubby sentenced in Muncie choking attempt

Russell Ash was sentenced to six months at the State Farm after attempting to choke his wife near the police station. She pursued a peace bond as he faced the charge in Muncie Indiana on December 18.

Times Muncie Ind Russell Ash State Farm

Philadelphia Editor Dies at Times of Philadelphia

G Reed Yaple associate editor of the Times of Philadelphia died today in Philadelphia. He had long served the newspaper and was a prominent figure in local journalism.

Philadephia United Press Philadelphia G. Reed Yaple Times of

Pork Prices Fall Hard at Local Hog Market

A severe drop in hog prices hit the local live stock market as heavy hog offerings of 20,000 or more and expected continued receipts pressured bids. Heavies fell to about 7.30 from 7.45, lights slipped to around 7.15, and sows and pigs declined by a quarter. Shippers moved cautiously as bids softened 15 to 25 cents, with receipts around 25,000 estimated but actual run near 20,000 at 10 o'clock. Cattle and calf trades weakened, with 1,000 head in yards and calves top at 11, natives steady at 12, and lambs around 12.50. Receipts 400.

U.S. Livestock Markets Report Dec 18

Hogs receipts 66 000 market slow with top $7.70, most off. Cattle receipts 11 000 uneven with steady to higher prices for some yearlings and fed steers. vealers steady. Sheep and lambs receipts 12 000 fair activity, lambs mainly strong to 12.50. Midwest and East markets show mixed demand. heavy packing and roughs vary by region. Strong dynamics in Chicago and Cincinnati markets noted.

Chicago Cincinnati Dee East ST. Louis Kansas City Crades Pittsburgh

Tank Wagon Prices from Gasoline and Naphtha List

Gasoline prices quoted per gallon exclude 2 cent state tax. Energee listed at 1e, Parol 12.2c, Red Crown 12.2c, Target 12.2c, Silver Flash 16e, Standalind aviation 10.08c. EUROSENE Crystaine 10.76c, Moore Light 15, Perfection 10.75c. NAPTHA Lion Power cleaners 25 1¢, ce & P. 22.1c. Standolind cleaners.

Target Standalind Aviation Eurosene Crysta'ine Moore Light Perfection Naptha—Lion Power Cleaners Ce & P Standolind Cleaners

Job Printing Wages Versus Material Costs Across U S

United States Department of Labor studies show printers earn the highest wages among skilled workers on average, but materials dominate costs. On a dollar of revenue, 39 cents go to materials, 27 to wages, 34 to profits and overhead. A 5 percent rise in materials could be offset by 1.9 cents per dollar. a 5 percent wage increase by 1.3 cents.

United States Department of Labor United States

Poor corn quality hurts Tudiana crop

Two thirds to three fourths of Tudiana's 1923 corn crop has been gathered. Agricultural statistician George C. Bryant reports to the Federal department of agriculture that quality is disappointing. He estimates four bushels of this year's crop are needed to produce the livestock gain of three bushels last year.

Tudiana George C. Bryant Federal Department of Agriculture Bryant

Local Names List Compiled From OCR Snippet

A fragmented OCR list names numerous individuals with ages and addresses such as Hunt 26 of Columbia, Cora nook 19. Wallace 45 of Sidney Nebraska. Bernice Brown 29 of W Twenty First. Frymuth 35 of Cambridge Ohio. Mary McAdams 30 of Fletcher. Ralph Floyd 22 at Hotel Roosevelt. plus others including Maggie Hawkins 24 and Nannie Clark 20 at Northwestern addresses. The text resembles a social or directory snippet with mixed city and street data.

L. Hunt Columbia Coranook Wallace W. E. Wallick Sidney Minorequa Ivan Fallowfield Northwestern Nannie Clark H.C. Brooking Bosart Alice Carpenter Drexel P. D. Johnson M. C. A. Eilene Turner Bradbury N. F. Gibson Stuart Albert Banks Bod River

Births and Deaths in Town Listings

Birth entries list Earl and Mi dred wealthy at 3713 Stanton George and Minnie Preston at 2202 N Gae Oiver and Rachel Shafer at 2 N Gale owe and Frances Okey at 1052 Bellefontaine and Minnie Smith at Methodist hospital region Newhouse Lawson Johnston Segar Merritt and Hazelwood addresses shown. Deaths note mitral regurgitation dilatation of heart cerebral hemorrhage and carcinoma among residents listed with ages and addresses.

Earl Mi'dred Wealthy Stanton George Minnie Preston N. Gae. Oiver Rachel Shafer N. Gale Owe Frances Okey Bellefontaine Mincey Gladys Smith Methodist Hospital Awe Ton and Juliet Newhouse Chester Margaret Lawson John and Leah Johnston Louis and Beatrice Segar Methodist Hostal R Russell Hulda Merritt Henry and Stel Hazelwood Michigan Mein Sarah McCracken Fulton Russell Ruth Marshall Alabama Wiliam Emma Roberts Jutus Lennie Prefogle Hawthorne Lane Gus Blanche Karas Troy Raymond Minnie Whitehouse New Jersey Gue Margaret Scott Mary Renonia William Edward Goodspeed Virgina Apts Joseph A. Swartzel Broadway Phillip S. Williams City Hospital Athalee Smith E. Washington Samuel A Cox I John W. Timmons Hoyt Armend Walker George W. Thompson Dorothy Anne Hoff Karl F. Rommel William Archer Gustave A. Fuller Arsene N. Harding Columbia

Harding Sirine Memorial Fund Near $9000

Contributions to the Harding Sirine Memorial Fund bring total gifts to 8802.91 with more to report and a $9000 goal in sight. Thomas R. Marshall plans to forward his subscription soon as Edward R. Nowland adds 5 via The Times. Police department and Crescent Paper Co. donations mark steady support.

Harding Memorial Fund Thomas R. Marshall Edward R. Nowland Times Union Trust Company Police Department Crescent Paper Company D. Somers & Co Harding Robert H. Bryson Indianapolis Harding Committee Indianapolis

Miles takes active charge of State Reformatory after Shideler’s death

Captain A F Miles assumes active command of the State Reformatory succeeding the late George A H Shideler. Solon Vial of Indianapolis fills Miles’ former post as state parole agent. Board members Joseph E Henning and Oren S Hack attend and support the changes, with distant approval from Charles Mouch and Will W Cave. Vin, a former service member, ends as parole agent after the war. officials call both Miles and the successor well qualified.

A. F. Miles State Reformatory George A. H. Shideler Miles Place Solon Vial Indianapolis McCray Joseph E. Henning Anderson Oren S Hack Charles Mouch Newcastle Will W. Cave French Lick Vin

Dandelions Bloom on Statehouse Lawn in December Sun

Dandelions were in full bloom on the Statehouse lawn today in bright December sun. Hundreds of flowers appeared, not the healthy May variety, but clearly blooming and noticeable.

Statehouse

Judge Anderson Imposes Jail Terms on Bedford And Anderson Soft Drink Operators

Federal judge Albert A. Anderson sentences four operators from Bedford and Anderson for liquor selling violations. Lee Talmadge receives seven months and a $500 fine, Stanley Torpy one year and $1,000, Rupert Glymps eight months and $500, Fred Freeman eight months and $500. Glymps, Torpy, and Freeman are Bedford residents. The judge warns against falsehoods about selling liquor and notes local officials’ involvement. Also pending is the case of C D Vaughan of Bloomington and Plainfield over alleged mail fraud in land misrepresentation to a prospective buyer.

Albert A. Anderson Bedford and Anderson Lee Talmadge Stanley Torpy Rupert Glymps Fred Freeman Bedford Glymps Torpy Talmadge

Miners Bodies Found in Jessup Coal Mine Disaster

United Press reports in Scranton Pa that Evan Jones and Frank Skasoviak were located today among five men entombed ten days earlier at the Jessup coal mine. The remaining three workers remain missing as rescue efforts continue.

United Press Scranton Evan Jones Frank Skasoviak Jessup

Hughes Declines US Soviet Negotiations at This Time

Secretary of State Hughes told Soviet Foreign Minister Tchitcherin there is no reason for negotiations now with Russia. He urged Moscow to restore confiscated property, repeal decrees repudiating obligations, and recognize them, saying no talks are possible while Moscow continued anti US propaganda. The reply surprised some observers by its sharp tone.

United Press Washington Hughes Tchitcherin United States Russia Coolidge Moscow

Indianapolis to Host Naval Reserve Aviation Regiment

Indianapolis one of five cities chosen for a naval reserve aviation regiment, announced by Capt. O F Heslar. High school and college reserve corps members will receive winter instruction once equipment and textbooks arrive, with summer recruitment at Great Lakes naval training station. Graduates become ensigns in the aviation section. Other stations include Chicago Minneapolis Cleveland and Detroit.

Indianapolis Naval Reserve O. F. Heslar Indiana District Naval Reserves Reserve Corps of Heslar Great Lakes Reserve Corps Chicago Minneapolis Cleveland Detroit

Atlanta Man Ends Life in Indiana

George Meeks aged 51 of Atlanta committed suicide by taking poison in Tipton Indiana on Monday. Financial difficulties and ill health are cited as the causes in the report.

Times Tipton Ind George Meeks Atlanta

Also Mentioned on This Page

The Wall Street Journal Jen Baldwin New York City Lima Indianapols Der Wisconsin Minnesota North Dakota Idaho Russell Ohio Santos Os Brothers Speri Tules Niet Pacific Coast Atchison B&oo C & NW Ry Lehigh Valley Nor Pacific Am Locomo Gen Chandler M Motors Stroebaker Strombert PO Stewart-W Tee Timken BS Willys-Over Cal Cosden Fouston Oil Pan-Am Sinclair Texas Co Kennecott Int Paper Nat Enamel Sears-Roe U S Int Corp Standard of Business News Cudahy Packing Company Independent Packing Company Tulsa Okla Champion Refining Company Boston Everett Lawrence Baltimore & Ohio Owlinois Traction Grain Kansas Hubby Salen Choior Arenessl Qcom Cowl Veals Wseenes Siene Ralph F Couch Wash,dc Labor Miate James and Inez Meuride Hoyt Alfred Johanna Croan W. Miley Mary Gallagher S. Senate John Bertha Engert N. Miley Nettie Guy Ketcham Clark Margaret Johnson Ing. Wiliam Savile Duvall Carence Daisy Nungester Tenth Harry and Doris Beebe WN. Ritter Harding Sirine Thomas Marshall Anderson AX U. S. Power Wrath C. D. Vaughan Bloomington Plainfield Monroe County Buster Brown Lisle Mien Wm. H. Block CO Dickering Regiment OF ‘Gorgnats U. S
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