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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 24 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 27, 1926

Page

3

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 Corporation 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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

United Press Los Angeles Cal Kenneth G. Ormiston Aimee Semple McPherson Ormiston Victor R. McUucas

Also Mentioned on This Page

Denver Banks and Exchange Iy Ss Tiaéd Lal Wagon Wheat Cincinnati Jy Markeet Iz. Ee Watabo N. B.C Maurenie Il Atte A Atchison Palo Gil Ca_ Pac ee S&l Armour A W. AL Ab F. St Ajaxane Hope Ward St Woolworth Utilities— Lima En Oe NYA Interboro Bethlehem Gulf Union Shipping Teel Bosch Atlan Chandler Chrysler Gen Motor Wee Moon Nash O Packard Pierce Arn Jewel En Studebaker Fostum Timken Willys Ward Bic Tobaccos Sumatra Houston Uy Marland Oil Commission WiLliams TR Willams Gram International Bank Action New York Financial Company Tammany Hall Samuel Osgood Stoge Exchange E. Walter Mockler Steel Corporation Rock Island Atchison A Paccongzie Stucke Am Central Life Amer Creosoring Co Aw Rumely Co Ad Rumely Co Sonbury Ride Co Citizens Gas Co Commonwealth Loan Tainttable Securities Co Ndiana Indiana Hotel Indianapol Indianapolis St. Heth Western Interstate Ser Pr Lien Merchants Pub Uttt Co Rogress Laundry Sav Osnseeas Rertuizer Ing Fire Ins Co Itle Wabash Actna T and Sav Co Ee Bankers Ast Co American Fidelity Say Co Fletcher Av and Trust Co Indianaational Bank Ath Indiana Trust Co Marion County State Securiy : Savings and Trust Trust Waigr Bank Brust Go Ind Boitizens Gas Lana Bern Martinaville Pet Inipls Naples Shelby Interstate Ee U. S Wisconsin Helen Ann Hughes University of Wisconsin University Lima Ohio Petit Jurors Petit Criminal Court A. M. Parry Consolidated Alexander Johnson Charles Patton Charles Hutchinson N. Delaware Sr John B. Haverstick Lesche
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