Post-Holiday Market Sees Big Turnover and Price Gains
The post holiday market opened with high turnover and a generally higher price level. Industrials led gains with Southern at 1215 and New York Central up slightly, General Motors 16944 and Dupont near a point higher, while steel and Baldwin edged up and General Motors saw large volume as prices surpassed 160. Rails remained firm with seaboard issues buying activity and Atchison trading actively on modest gains.
MENTIONED IN THIS ARTICLE
United Press
New York
Rails
General Industrial
Southern
New York Central
Atchison
General Motors
Dupont
Baldwin
Seaboard
Foreign exchange opens steady in New York markets
Banks and exchanges reported a steady start to foreign exchange business in New York on December 27. Demand sterling traded around 84 percent, francs at 1.05 and 42 cents, with lira showing a slight uptick while overall debits totaled 197,000 and credits near 7,503.00.
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Npianapolis
United Preas
New York
Prices Steady at Grain Opening on Chicago Board
Chicago December 27 Wheat opened unchanged to half a cent higher than Friday. Corn rose 1 4 cent from prior close while oats held steady. Provisions opened higher as traders followed local cues amid bearish deliveries and news impact waning. Liverpool closed. Buenos Aires unchanged.
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United Press
Chicago
Chicago Board of Trade
Liverpool
Buenos Aires
January sugar market activity signals mixed demand
In Sugar Market via Thomson and McKinnon in Bore on Dec 27 the January liquidation dominated the session. Toward the close the market eased mildly with support from a leading Cuban house and traders expect a slightly lower open on January tenders, with purchases favored on pullbacks for now.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
Wheat price update from Lal Wagon elevators
Local grain elevators pay $1.27 per bushel for No 2 red wheat. Other grades are being purchased at varying rates.
Market Report from Cincinnati Livestock Auction
Receipts total 2 000 cattle 1 500 hogs and 150 sheep with steady to higher trends. Beef and veal prices ranged from 3.50 to 14.00 with top sheep fat lambs around 13.00. hogs modernly trading around 12.00 to 12.50. grain values and wholesale notes show market activity continuing.
National Biscuit declares 25 cent extra dividend
The National Biscuit Company directors today declared an extra dividend of 25 cents on common stock. The payout is payable January 31 to stock of record January 14.
MENTIONED IN THIS ARTICLE
United Press News
Directors National Biscuit Company Today
Grocery Price List From Commission Row
A column of retail prices lists fresh produce including fruits and vegetables with per unit and bulk pricing. Items cover oranges, apples, pineapples, walnuts, cabbage, celery, cucumbers, lettuce, spinach, potatoes, tomatoes, and more with regional origins such as Florida California Michigan and Cuba. Figures show prices per dozen, per crate, per basket, and per pound, along with bulk rates.
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LU Po
Smyrna
California
Florida
Michigan
Pennsylvania
Yell
Areley
Minnesota
Ios
Atria Ag
Indiana Jersey
Produce Markets Butte Prices and Trade Notes
Local market prices show creamery buying at 55 56e per pound and sealer buys around 56e. Wool and dairy items priced with longhorns and leghorns listed with per unit costs. Deliveries to Indian Agency noted. ducks and other poultry priced per unit with figures like 13 and 16.
MENTIONED IN THIS ARTICLE
Butte
Cotton Market Outlook Prompts Cautious Optimism
In New York on December 27, professional cotton traders foresee a higher market this week. January notice day opens today with cautious cheer. the sector expects gains despite seasonal volatility. The report notes the current cotton stock is the cheapest in the world.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New, York
Pigeon trapping controversy unfolds in county
W. P. McVey a 72 year old retiree says he will continue trapping pigeons as a pastime until stopped by officials. Miss Laurel C. Thayer the municipal probation officer seeks to halt the activity citing humane concerns and threats. McVey claims legal permission and says sales at the city market cover feed and travel costs. county commissioners reportedly approved his actions.
MENTIONED IN THIS ARTICLE
W. P. McVey
Pleasant St
Laurel C. Thayer
McVey
Henry Fleming
National City Bank Takes Over International Bank
National City Bank of New York completes plans to absorb major branches of the International Banking Corporation, expanding to seventy five cities in twenty two countries. The deal strengthens its foreign network and positions it as a dominant global banking entity with a large capital expansion on the horizon.
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Times
New York
National City Bank of New York
International Banking Corporation
National City
National City Bank
China
India
Batavia
Java
London
Spain
Philippine Islands
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San Francisco
National City Bank Organization
Cuba
Dominican Republic
Argentina
Belgia
Brazil
Chile
England
France
Italy
Panama
Peru
Porto Rico
Uruguay
Venezuela
National City Company
United States
Canada
Asia Banking Corporation
Orient
Buenos Aires
Alexander
New York City
Great Britain
New Bank
City Bank of
Stoge Exchange Still Controlled by Holiday Era
New York December 27 Stock market notes grimly resemble a holiday era with year end accounts and vast sums in interest and dividends due early 1927. Traders eye uncertain money flow post year end as bond and bank funds re-enter markets while anticipation builds for auto show support and continued demand for large company securities.
MENTIONED IN THIS ARTICLE
New York
Motors
Newspaper men to be initiated by Sigma Delta Chi
Six Indianapolis newspaper men will be initiated by Sigma Delta Chi tonight at the Chamber of Commerce at 5 30 p m. National officers including Roy L French will conduct the ceremony at Butler University with 50 fraternity members from Indiana Purdue DePauw and Butler chapters present for a dinner hosted by the Indianapolis alumni chapter.
MENTIONED IN THIS ARTICLE
Indianapolis
Sigma Delta Chi
Chamber of Commerce
Roy L. French
University of North Dakota
Boyd Gurley
Indianapolis Times
Harl Mushlitz
The
Indianapolis Star
Samuel Ochiltreee
Associated Press
Corbin Patrick
the Star
Maurice Edwards
Robert Kellum
Bulk Hog Prices Rise at Indianapolis Market
A 40 cent per hundredweight advance in hogs at Indianapolis stockyards today with 4 500 hogs on run. Chicago averages about half that. Bulk sales at 12 40 a hundredweight with top 12 50 for meat hogs 120 to 300 pounds. Cattle receipts 400 with steady to strong demand and veal prices steady near Friday high. Sheep offerings light with native lambs at 12 and bulk fat lambs 11 12.
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Indianapolis
Chicago
Market totals and prices for hogs cattle calves and sheep records
EAST BUFFALO prices rise with hog receipts 5 000 and holdovers 6 500. hog top 19 75 per 200 250 lb and 12 90 140 200 lb. cattle and calves mixed steady to higher. sheep market steady with fat lambs up to 14 dollars and bulk 10 dollars. LOUISVILLE slow with roughs steady and cattle calves and sheep showing modest gains and steady tops.
MENTIONED IN THIS ARTICLE
East Buffalo
Louisville
St. Louis-San Francisco Gets FCC Mortgage Authorization
The Interstate Commerce Commission authorized the St. Louis-San Francisco Railway to issue a $2,127,100 prior lien mortgage with fee pledged as collateral. This decision settles financing for the railroad’s securities program and relates to its debt structure and collateral arrangements.
MENTIONED IN THIS ARTICLE
United Press
Washington
St. Louis-San Francisco
Interstate Commerce Commission
Central America Faces Growing Nationalist Movement
United Press reports alarm over alleged Mexican support fueling nationalist and anti Yankee sentiment in Central America with protests spreading beyond Nicaragua amid tensions in the region.
MENTIONED IN THIS ARTICLE
United Press
Central America
Nicaraguan Leader Opposes U S Marines in Nicaragua
In Mexico City on December 27 Juan Bautista Sacasa the Liberal leader issued a protest against the landing of United States Marines at Puerto Cabezas. He claimed it would take 15 000 American troops to quell the revolution and denounced charges of communism as a campaign price. He denied Mexican or Bolshevik aid and said the revol ution is maintained by a group of free men seeking autonomy and liberty.
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United Press
Mexico City
Nicaragua
Juan Bautista Sacasa
United States
Puerto Cabezas
Pedro Zepeda
Sacasa
Mexico
Bolshevists
Condemned Press Condemns US Landing in Nicaragua
Berlin papers denounce the landing of U S sailors at Puerto Cabezas Nicaragua calling it a bloody Christmas and accusing the United States of imperialism and encroachment on Central American independence in reports from December 27. Several papers quote Mondtag Morgan and Berliner Tageblatt in the critique.
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United Press Berlin
United States
Puerto Cabezas
Nicaragua
Berliner Tageblatt
Montag Morgan
Central American
Prediction of U S Intentions Revival in Chilean Paper
La Nacion editorial in Santiago notes that American sailors landing at Puerto Cabezas amid Nicaragua’s liberal government will renew neighboring states’ apprehensions about U S aims. The paper claims the landing favors the Diaz government and constitutes intervention rather than protection.
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United States
United Prese
Santiago
Chile
la Nacion
Puerto Cabezas
Nicaragua
Four Marion County Branches Open for 1927 Auto Licenses
Four new branches for 1927 auto license plates were opened in Marion County. This brings total distribution points to 112 with new sites on Forty Second Street East Side Fountain Square and Belmont Avenue state banks. Rhoads urged bringing certificate of title when applying outside the Statehouse. Schortemeier and Rhoads will visit Lawrenceburg Indiana to inspect National Color Type Company plant as part of 1928 plate bid considerations.
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Marion County
Mark Rhoads
Secretary of State
Forty- Second St
East Side
Fountain Square
Belmont Ave
Rhoads
Frederick KE. Schortemeier
Lawrenceburg
Ind
National Color Type Company
California
West
Schortemeier
Indiana
Grand Jury Deliberations Delayed Amid Court Tensions
Grand jury proceedings in Indiana were halted amid wrangling over the report on graft and corruption in political circles. Prosecutors Remy and Kane attended but faced scrutiny from Judge Collins who ordered revision. The session ended with jurors adjourning after Remy was called in and special prosecutors faced court resistance.
MENTIONED IN THIS ARTICLE
Collins
D. C. Stephenson
Remy
Sheaffer
Michigan City
Wilson Furnas
Grand Jury
O. F. Calvin
Arthur L. Gilliam
Calvin
Ormiston Seeks Delayed Arraignment in McPherson Case
Kenneth G. Ormiston co defendant in the Aimee Semple McPherson conspiracy appeared in Los Angeles Superior Court and had his arraignment postponed to January 6 after citing inability to secure satisfactory counsel. He had previously obtained a postponement.
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United Press
Los Angeles
Cal
Kenneth G. Ormiston
Aimee Semple McPherson
Ormiston
Victor R. McUucas
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