Freight trends hint at annual slow in prosperity
Weekly freight figures show general trade curtailment beyond seasonal norms for the week ending December 11 with car loadings at 998 715, down from prior week and year. Investors hold a cautious, slightly optimistic view as holidays loom and auto shares rise amid selective gains while railroad stocks retreat on profit taking.
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United Press
NEW York
Stock Exchange
van Sweringen
Cleveland
Bull raids trigger decline in grains on Chicago Board
United Press reports a broad grain decline after yesterday’s bull raids. Openings showed lower values across wheat corn oats and rye with selling pressure and profit-taking as bears gained strength and Liverpool prices fell. Trading featured general selling and a heavy undertone.
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United Press
Chicago
Chicago Board of Trade
Liverpool
Bears
Cattle and hog prices hold near last week in Indianapolis stockyards
cattle prices steady to higher with calves lifting to about 14 dollars while hogs slip 10 cents from Tuesday amid receipts of about 5 500 head. Top hog price reaches 11 80 per hundredweight and beef steers trade around 8 10 75 with cattle overall steady in midweek action.
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Indianapolis
Field Quits Coal Firms Presidency in Health Related Resignation
W. K. Field, longtime president of the Pittsburgh Coal Company, resigned the post to the board of directors. He has been a leading authority on bituminous coal problems and sent the notice from his Columbus Ohio home while in ill health.
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United Press
Pittsburgh
W. K. Field
Pittsburgh Coal Company
Field
Columbus
Ohio
Livestock Market Receipts Reported in East Buffalo and Louisville
East Buffalo December market shows hog receipts around 1 100 with steady market and varied per hundred weights. Louisville reports hog receipts 700 with steady market tops around 11 50, cattle steady, lambs steady with prices near 11 50 and sheep to 7 50.
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Buffalo
Louisville
Dee
Local Wagon Wheat Prices Amid Elevators Purchases
Local grain elevators are paying $1.29 for wheat, with buyers purchasing on the merite line during the current market.
Y M C A Christmas Banquet For Underprivileged Boys
Arthur Jordan hosted a Christmas banquet at the Y M C A for over 300 newsboys and messenger boys. Governor Jackson former Mayor Lew Shank and James M. Odgen spoke. The boys gave Jordan a traveling bag as thanks while L C Trotman’s orchestra and the Odd Size male quartet provided music.
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Arthur Jordan
Y. Building
Jackson
Lew Shank
James M. Odgen
Jordan
L. C. Trotman
Perfects Narcosan as Drug Cure
Austrian biochemist A. S. Horovitz is credited with perfecting Narcosan, a non toxic protein based treatment claimed to cure narcotic and alcohol addiction after 366 treated cases with one failure. Experiments were conducted on Welfare Island New York City under neurologist supervision.
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A. S. Horovitz
Welfare Island
New York City
Fruit and Produce Price List Mixed With Items and Rates
A dense list of produce items with varied prices including apples, strawberries, coconuts, dates, pears, nuts, citrus, melons, and greens. Includes brands, crate and box sizes, and regional origins such as Florida California Michigan Oregon and Vermont. Prices range widely from a few cents to several dollars per unit or box.
Transfers Ordered for Prisoners and One-Day Parole
Governor Jackson ordered two prisoner transfers. Orville Dill moves from the reformatory to Indiana State Prison after a 1925 Boone County grand larceny sentence. Henry Lulalen transfers to the State hospital for the criminally insane. Kenneth Lawhorn of Madison receives temporary parole to attend his brother in law’s funeral after an assault and battery conviction.
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Jackson
Orville Dill
Indiana State Prison
Reformatory
Henry Lulalen
State Hospital
Kenneth Lawhorn
Madison
Dill
Boone County
Lawhorn
Mrs Dennis Buried in Indianapolis Funeral Rites
Funeral services were held for Mrs. Mary M. Dennis 74 of 156 E Twenty Second St died at Indiana Christian Hospital Saturday. Rev Henry A Hanson of All Saints Cathedral officiated. Born in Denmark she came to America as a girl married Charles Dennis in 1878 and was known as Dr Oldfish. Survived by son Mark Dennis.
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Mary M. Dennis
E. Twenty- Second St
Indiana Christian Hospital
Shirley Bros
Henry A. Hanson
All Saints Cathedral
Denmark
Oil electric locomotives may end the roundhouse threat
Power experts and railway economists foresee the oil electric locomotive replacing steam in American railroading. In a study by David Louis Jones, the oil electric runs 24 hours without steam up, cutting turntable and ash pit needs. Chicago and North Western data show far lower repair costs and fuel savings, suggesting gradual elimination of roundhouses as oil electric adoption grows.
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Times
New York
David Louis Jones
United States Submarine School
America
Chicago & North Western Railway
Business Pier
Chicago
Ingersoll Rand
American Locomotive
General Electric
Trading Slagkens Toward Normal Holiday Dealings
New York December trading drifted near 1,200,000 shares with routine interest and high money holding back activity. The market remains muted as December money pressure keeps trading subdued and Christmas week approaches. Wall Street eyes Cleveland maneuvers and potential Nickel Plate and Chesapeake & Ohio shifts influencing merger expectations and base arrangements for railroads.
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New York
Digh Call
Cleveland
van Sweringens
Erie
Chesapeake & Ohio
Market notes show mixed dairy prices and local deals
Market notes report butterfat paid by local dealers at 55 to 56 cents per pound, cheese prices around 24 to 49 cents, and various items including Limburgers at 37 cents and Leghorns poultry priced at 13 cents. A Melly freak delivery is noted for Indian lis with a quoted price of 40 and 4.
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