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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Dec 21, 1926
Page
7
A reporter describes a December scene in Peking where a condemned man is executed after attempting to crash a theater gate. Soldiers, a red green brass band, and a hanging head in a net are shown as a grim warning. Foreign residents note local approval of strict measures amid occupation concerns.
Expansion of 58.9 million dollars in local brokerage loans for the week ended December 15 aligned with Wall Street expectations amid broad stock advances. Borrowings on stock and bond collateral remained below year high as prices reached near record highs. Bond usage in Dow Jones averages stayed at high levels since 1917 with strong investment demand in standard dividend stocks sustaining bullish market sentiment.
Tonal bank clearings Monday totaled 4 360 000 debits 7 426 000. Foreign exchange opened irregular in New York with sterling at 8 45 percent francs 4 01 4 cents off .002 percent. Lira 48 percent off 0 414 cent Belgium 15 89 cents, marks 23 79 cents.
In Chicago on December 21, traders faced a weak market despite bullish early bids. The government crop report was seen as bearish, weighing on wheat futures while corn and oats opened lower. Primary receipts and shipments numbers were reported for wheat corn and oats as market activity remained subdued.
A House bill by Parker would give the President faster authority during coal shortages. It would authorize the Commerce Secretary to demand operator reports and have the mines bureau collect data, allow the President to declare an emergency, and reestablish provisions of the 1922 Emergency Act to direct coal shipments and empower a coal administrator.
Indian apolis stockyards showed hog prices down about 10 cents with most hogs at 11.90 per hundredweight. Cattle receipts reached 1,000 with steady prices for beef steers and cows. Sheep and lamb activity remained quiet with top fat lambs around 11 dollars and some western lambs at 12.
A cluttered OCR grocery listing details numerous fruits vegetables and holiday specials with varied prices. Items include apples oranges grapes coconuts pears celery lettuce mushrooms and citrus with regional origins and bulk crate or box pricing.
In New York on Dec 21 heavy sugar shipments persist but new buying remains limited. Analysts expect a quick change with a fresh buying movement and higher futures prices. Stocks are reduced and world supplies appear smaller than previously anticipated. Favor purchases of the later months.
A Cotton Market report notes South selling on the advance but calls the crop’s marketing routine unremarkable. It advises contract holders to buy cotton and add on dips, watching for strong spots to lower the average.
Cattle receipts around 8.00 weighty fed steers higher while yearlings steady. vealers up to 11.50 for best fed, mid weights around 10.75. Sheep and lambs active. fat lambs strong to 12 with feeders and assorted weights trading lower to steady. Pittsburgh market slower with calves steady and sheep active. top fat lambs around 12.75, calves steady near 14.50.
The Federal Reserve Bank of New York was presented with 5 million dollars of gold ingots weighing 20,833 pounds. The bullion arrived aboard the Royal Mail steam packet Inez Essequibo from Valparaiso and was guarded by twelve armed guards during unloading. The source did not disclose origin or purpose of the transfer.
In Turin a report claims Amos Maramotti, a departed Fascist, warned that Mussolini's life faced danger. Followers recount nightly phenomena in a house, culminating in a seance that allegedly confirmed the threat just before an assassination attempt in Bologna.
Noble Acton and Lonnie Manuel of 407 N Warman Ave are held on child neglect charges after police found four children ages 3 to 7 at the residence and the men drunk. William Wheatley is held on a vagrancy charge. case referred to juvenile court. Children were placed in the Detention Home. Neighbors reported the youngest child wandering scantily clad. A boy claimed a man at the house threatened to cut his tongue.
Call money rose to 5 percent on Monday with income tax checks returning and ample funds. Leaders like Allied Chemical National Biscuit and Eastman Kodak drew strong buying while rail stocks firmed. Foreign financing appears limited but early year turnover will shift capital, with Bulgarians and Colombian departments seen as active.
Birth notices for multiple families include girls and boys born to Smock, McCullough, Lindley, Braven, Connor, McDonale, Burton, Isbell, Perry, Walker, Farran, Henderson, Hennika, Speckelmier, Beecham, Carnahan, Drake, Chaney, and others. Locations mention Clark Blakeslee Hospital, Methodist Hospital, and addresses on Church Parade, Waller, Le Grande, Dawson, Lincoln, and Senate.
A long OCR fragment catalogs numerous patients from St. Vincent, Methodist, City, and other hospitals. Entries include Emma Jane Chestnutt age 64 with carcinoma, Daniel Mathers 76 with acute dilatation of the heart, Grace Bradford 41 with general paresis, and Minnie Browning 51 with chronic myocarditis among many others.
Farm market listings report butter and creamery grade prices per pound from local dealers with values around 55 to 58 cents for creamery best grade. Livestock and poultry quotes include Leghorns, ducks, turkeys, and various egg classes with assorted prices and regional delivery notes.
Supreme Court Deputy Clerk Joel Baker studies a puzzling 1912 1926 era letter addressed to the court. The missive from East Chicago Indiana mentions dry laws and an escape arrest at 4848 Todd Ave. It hints at alcohol and illicit activity with odd language and signs of possible “bad stuff.”
Police believe a young woman picked up early today at a downtown restaurant may be Katherine Curns, about 25, with memory gaps after an alleged drink. She was turned over to probation officer Lauren Thayer for hospital treatment.
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