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Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

Dec 28, 1923

Page

5

Stocks Open Irregular on Wall Street With Mixed Gains

New York stock market opened with irregular prices as gains appeared in United States Steel and General Electric while Steel and oil shares showed firmness. Standard of New Jersey rose to 39 1/2, the highest in months, with steels active and pools watching next week for further moves. Trading softened later, with several large holders offloading shares for tax reasons and pools expected to resume activity Monday.

New York Stock Exchange United States Steel General Electric Standard of New Jersey Marland

Bank Clearings and Money Market Report

Aponis bank clearings Friday totaled 3.35 million with bank debits of 6.098 million. New York Money Market reports quiet time money at about 5 percent for all dates and prime commercial paper at 4 to 3 percent.

Aponis New York Arte Financial York

Foreign Exchange Markets Open Higher on Demand

Foreign exchange markets opened higher with varied demand across currencies. Sterling at 35 percent, francs at 54 percent, marks at 2.91 percent, Swiss francs 17.49, guilders 37.97, pesetas 13.04, and other currencies showing gains in cables, reflecting broad demand and shifting rates across major currencies.

Sweden Norway Denmark

Bond Markets Firm In Morning Trading

The bond market opened firm with industrials drawing special attention. Convertible 1s rose 3 points to 88 8, 7s gained a point to 101, Cuba Cane Sugar 7s and 8s hit highs around 90% and 97 1/4, California Petroleum 345 at 94 1/4, Virginian Railway first 5s down 1/4 to 92, L and N rails off 1/2 to 97 1/4, St Paul 4s 25 up 1/4 to 67 1/4, D and R G convertibles at 65, Third Avenue adjustment 5s down 1/2 to 42, Liberties nearly unchanged, French Republic 74.5 at 92, Marseilles 6s 74 to 74 1/2.

United Financial New York Zm & Co Cuba California Petroleum Virginian Railway St. Paul Third Avenue Adjustment French Republic Marseilles

Advancing Tendency Noted in Curb Trade

New York curb market saw prices rise toward noon after a morning irregularity. Prairie Oil and Gas led with an early high of 235, others like South Penn and Humble edged up, Penn. Mex. Fuel and Standard of Ohio gained, while Kresge fell nearly 2 points as industrials stayed largely unchanged.

United Financial New York Prairie Oil and Gas South Penn Humble Penn. Mex Standard Ohio Magnolia Kresge

Gasoline Prices Display Tank Wagon Rates

Gasoline prices quoted exclude 2 cents per gallon state tax. Enersee shows 11 cents, Purol 12.2 cents, Red Crown 12.2, Tarret 12.2, Silver Flash 16, Standolind avia 10.08, ENE-Crystaline 10.76, Moore Se Se Perfection 10.75. 4-tLion Power cleaners 25.1 cents, Vv. M. & P. 22.1, Standolind cleaners.

Moore Se Perfection tLion Power Cleaners

Cotton Market Summary for December 28

Cotton market notes show January at 35.45 cents, down 10 points from Gore and 35.82 down 10 points. July at 3526e up three points. Market motion reflects modest shifts with unsettled pricing signals amidst December activity.

Gore

Dressed Beef Prices at Swift Co With Table

Dressed beef price list from Swift and Company shows rib cuts at No 2 30c No 1 17c loin No 2 25c No 3 8c rounds No 2 20c No 3 15c chuck No 2 2c No 3 10c plates and other numbers appear incomplete and unclear.

Swift & Co

Raw Sugar Market Opening Noted in London Trade

Market report shows sugar futures with March and May contracts listed. Prices cited include 430G4.030 for March and 285 4 for May amid early trading activity in London.

Ea Praenetal Pao Lendai

Fresh Markets Echo Indiana and Chicago Prices on Butter and Poultry

Indianapolis reports fresh butter and poultry prices with varied weights and discounts, while Chicago and Cleveland share meat, dairy, and egg price movements. New York rounds out with flour, pork, sugar, coffee, hay, and dressed poultry values across multiple regions.

Indiana Stocks and Bonds Listing 1930s Era

A dense catalog of Indiana corporate bonds and stocks with issue notes, par values, and maturities. Dates range from the 1920s to the mid-1950s, listing entities such as Indianapolis Gas, Citizens Gas, Vandalia Coal, Wabash Railway, and several utilities and rail lines with varied 5s to 7s coupons and due dates.

Central Life Am Crevsoting Co Pfa Belt RR Belt Century Bidg Co Pid Cities Service Co Co Cities Service Co Citizens Gas Co Indiana Hotel Ind Nat Life Bo Indiana Pipe Line Co Indiana Title Guarantee Co Indianapolis Abattoir Indianapolis Gas Indpla & Northwestern Indpis & Southwestern Todds Street Railway Indpis Tel Indpis Tel Co Mer Pub Util Co Met Car Co Pub Savings Ins Co Rauh Fertilizer Standard Oi! Co Ind Sterling Fire Ins Co T&l Co Union Trace Ind Co Union Trac Ind van Camp Vandalia Coal Co Wabash Ry Co Bons Belt RR & S Broad Ripple Ind Pow Co Citizens Gas Citizens St R Ss Ind Coke & Gas Ind Hotel Ind Hotel Co Ind Northern Ind Ry & Lt Indp's Ab Co NAL Hey Indp Indpis Gas Sa Mert Indpis Northwestern Indpis St Ry THL& E

Judge grants mercy pleas in fur theft case

Judge James A. Collins hears pleas for mercy for James R. Jacobs 28 and Walter Bergman 21 in Criminal Court over a fur theft from Herbert H. Reiner valued at 1175. Attorneys plead leniency noting dependents and prior clean record. Judge orders probation and a fine suspended on good behavior. Hess cited as leader and parole violator.

James A. Collins James R. Jacobs State Ave Walter Bergman Churchman Ave Herbert H. Reiner Borgman Merey Byron K. Elliott Jacobs State Reformatory Collins Frank A. Hess

Grains Edge Higher at Opening on Dec 28

Grains opened strong on the Board of Trade with wheat, corn and oats rising, spurred by Liverpool gains and local demand. Profit-taking appeared on the bulge as December deliveries loomed and Minneapolis stocks rose, while hog prices weakened and provisions declined. Primary receipts and city car lot figures for wheat, corn, and oats were released for Chicago on December 28.

United Financia Chigagon Board of Trade Liverpool Minneapolis Chicago

Grain Shortage Forces Canadian Wheat Imports

Chicago report notes a bread spring wheat shortage across the country and says American mills must import Canadian grain to stay operating. About 12,000,000 bushels have been imported with duties paid, while winter wheat remains broadly favorable and corn husking is slowed by moisture in the Ohio Valley.

Chicago Northwestern Ohio Valley

Local Wagon Wheat Prices From Mills and Elevators

Local mills and elevators are paying one dollar for No 2 red wheat. The price reflects a standard market rate offered to farmers for the commodity.

Girl's Trial Postponed in Louisville Robbery Case

Thelma Louise Clark of Paducah Kentucky had her auto banditry trial delayed by Criminal Court Judge James A Collins after her father failed to appear. Indicted with Rudolph Fleener and James Harrington of Louisville for robbing Alfred Voight at 4811 College Ave of a watch ring and $24 on November 28, the trio allegedly lured Voight from Claypool to a secluded area by Casino Gardens where the theft occurred.

Thelma Louise Clark Paducah James A. Collins Rudolph Fleener James Harrington Louisville Alfred Voight College Ave

Back to Blue Grass Theft Case Here in Indianapolis

Albert Moore, 25, a farmer from Frankfort Kentucky, was fined one dollar and costs and given one day in jail by Judge James A Collins in Criminal Court for theft of an overcat. The judge asked when he would return to Frankfort and Moore replied he would go home right away. The judge quipped he hoped Moore would make New Year’s resolutions in time to get home.

Albert Moore Frankfort James A. Collins Moore Indianapolis Collins Birdie Billman Criminal Court Lesche

Cloverseed Market Dealers Pay $10.12 Per Bushel

Cloverseed dealers are offering 10.12 dollars per bushel for cloverseed, signaling a firm price level for farmers. The market shows steady demand as producers weigh harvest timing and storage considerations.

Hog Market Rebounds After Thursday Loss at Local Yard

Light offerings and steady shipping demand lift hog prices 5 to 10 cents with lightweight hogs up a dime to 7.35 top, mixed and medium hogs at 7.25 to 7.30, sows and pigs higher while cattle remain quiet. Calves surge to 14 to 14.50 with tops near 15 and some as high as 16.50. native fed lambs rise to 13, sheep steady at 6, receipts light around 700 hogs and 600 cattle, 100 sheep/lambs.

Kansas City Buite Itelgee Chicago Cincinnati Caloyee Market Erie Receipta Buffalo Acarce East ST. Louts

Livestock prices across multiple markets reported

Chicago and other cities show mixed cattle hog and sheep trade with receipts around thousands. Cattle demand strong in Chicago with high yearlings and beef steers, hogs steady to uneven, prices ranging widely by weight and grade across Cincinnati Buffalo Kansas City East St Louis and other centers as markets adjust to holiday timing.

Employment Slacken in November in Seventh Reserve District

United Press report from Chicago on December 28 notes November employment fell 1.7 percent across 296 manufacturing plants in the seventh reserve district. Despite the drop, overall employment remains higher than the same period in the previous year according to the Reserve Bank of Chicago survey.

United Press Chicago Seventh Reserve District Reserve Bank of Chicago

Envelope Costs Driven by Paper and Mucilage Prices

The Dollar-HE paper and mucilage dominate envelope costs, totaling 55 cents of every dollar. Labor adds 17 cents, while 28 cents cover profit and overhead. A 10 percent wage rise would raise the price by 1.7 cents per dollar. a 10 percent materials increase would add 54. cents. Next: Building Hardware.

United States

Indiana Republicans hold quiet talks with Walb and Watson

Scores of Indiana Republicans gathered on the Severin’s sixth floor for conferences led by Clyde Walb and Senator James E. A. Watson to shape the party’s stance toward Governor McCray. Few legislators attended, including Raymond C. Morgan, J. Monroe Teh, William Swain, and James Knapp, as district chairmen across eleven districts joined the sessions.

Indiana Severin Clyde A. Walb James E. A Watson MecCray Raymond C. Morgan House J. Monroe F George Elliott Newcastle W. J. Robinson Lebanon Lawrence Cartwright Portland

Hold-up Men Get 10-20 Year Terms

Jack Holloway and Thomas Dranginnis were sentenced to ten to twenty years at the Indiana State Reformatory after being found guilty of a robbery at a filling station on E Washington Street and Brookville Road on October 23. They were held at the county jail pending Governor McCray’s recommendation for transfer to Michigan City. The pair, who traveled from Los Angeles, confessed to also robbing the Belvidere State Bank before their arrest and taking $35 from the station.

Los Angeles Belvidere State Bank

Four Men Form Central Committee for Indianapolis Coliseum

J Edward Krause announced a central committee to advance Indianapolis coliseum plans. Members are Fred C Gardner George J Marott William J Mooney and Edward O Snethen. They will select four assistants and begin studying building type location and cost.

J. Edward Krause Indianapolis Fred C. Gardner EF. G. Atkins & Co George J. Marott Marott Shoe Store William J. Mooney Mooney-Mueller-Ward Company Edward O. Snethen Indiana Trust Bldg Civic Club Federation

AT&T Announces $2.25 Dividend for 1924 Shares

American Telephone and Telegraph declares a regular quarterly dividend of 2.25 dollars per share to stockholders of record at the close of business December 20, 1923. The dividend will be paid Tuesday January 15, 1924. H. Blair Smith, Treasurer.

H. Blair.smith

Laymen rally to raise nine thousand for convention

A laymen's committee organized in Indianpolis Protestant churches seeks $9,000 more to cover Student Volunteer convention expenses opening at Cable Tabernacle. Committeemen in numerous churches list provided names and addresses as fund drive proceeds over Saturday and Sunday.

Cable Tabernacle Indianapolis

Woman Resigns State Industrial Board Post

Mrs L Luella Cox of East Chicago resigns as director of the women and children division of the State Industrial Board. Governor McCray received and accepted the resignation. Cox, a noted charity worker, cited personal business matters and several commercial offers as her reason, resigning on November 39.

L. Luella Cox Chcago Women and Children State Industrial Board McCray

Marriage Licenses Listed For Many Couples In City

A long list of marriage licenses includes Joseph Herron and Bertha Shields of Noblesville Indiana both in their late forties and sixties among many other couples with ages and addresses. The notice also lists births with numerous parental pairs and locations, alongside a health column noting several chronic conditions such as arteriosclerosis chronic bronchitis empyema and cirrhosis.

Ruth Hutchinson Georgette Gray Talbott Helen Dalton Norways Sanatorium Artha Howard Blake France Mary Beck Central Willian Moody Central Indiana Hospital Plex Lamount Alvord Raph Elmer Sparkes N. Adams Harry Wilson Caldwell City Hospital Allen Phillips Cornell Addie Simmons Burdsal Parkway Daniel Benton Cauble Thalman Mary Francis Kortepeter Ransdel Jessie Pressel Parker Catherine Johnson

Building Permits and Dwellings Listed in Local Files

A list of building permits and new or continued construction items includes J W Darmer dwelling at 1917 N La Salle, Canon Carey nee, 309 Ridgeview dwelling, Mary E Eastridge carriage at 633 N Jefferson, Olive A Day addition at 715 W 27th with 3700, J Sexton dwellings at 2522 and 2518 Adams, Ellie Coryell dwelling at 1132 Groff 2,500, Taggart Baking Company boiler at 331 E Market 6400, Central Union Telephone wreck at 25 N Whittier 200, Shelburn double at 2437 Shriver ey Terrell addition 626 Douglas, Southern Building and Realty Company double 202 Ewing 3,000, Southern Building and Realty Company dwelling 654 Exeter 4000, J A Carr dwelling 618 N Bradley 3700, William Locke gas tank 125 N New Jersey 200, Grinslade Construction Company doubles at 1234 Bradbury 2000 and 1230 Bradbury 2000, Grinslade Construction Company double 1226 Bradbury 2000, etc.

J. W. Darmer N. la Salle Nee Canon Carey Ridgeview Mary E . Eastridge N. Jefferson Olive A. Day Suger J. Sexton Adams J. Sexton Ellie Coryell Groff Taggart Baking Company E. Market Central Union Telephone Company Wreck Whittier Shelburn Shriver Ey Terrell Douglas Southern Building Ewing Southern Building and Realty Company Exeter J. A. Carr N. Bradley William Locke New Jersey Grinsiade Construction Company Bradbury Grinslade Construction Company Eet FE. Sharp Centennial

Reward Granted to Police Pension Fund

City controller Joseph L. Hogue turned over 165 dollars from the reward fund for Helen Hager Whelchel’s slayer to the police pension fund. Captain Kinney announced the arrest of John Thomas Shaw was aided by the entire force.

Jseph L. Hogue Helen Hager Whelchel Kinney John Thomas Shaw

Courts Collect 702000 In 1923 Grass Widows Report

Marion County records show more than 202000 conferred in 1923 under court orders for grass widows and dependent families whose nominal heads refused support. Alimony paid totaled 147957.95 by five Superior Court judges and a Circuit judge.

Marion County Albert H. Losche Superior Court Circuit Court Losché Frank J. Lahr

Pulitzer Air Races in 1924 Set for Dayton

Dayton, Ohio, December 28. Frederick B. Patterson announces the 1924 Pulitzer air races will be held October 2 3 and 4 at Wright Field. The NAA contest committee voted unanimously for Dayton. Headquarters to be opened and funds to be raised as committees are named.

Dayton United Press Ohio Frederick B. Patterson National Aeronautical Association Wrightfield

DeMolays Hold Graduation For 250 Young Members

Graduation exercises were held Thursday night at the DeMolay chapter house 630 N Meridian St for 250 Indianapolis DeMolay members who have reached 21 years of age. A brief ceremony was conducted by the officers. Joseph E Reagan dad of the chapter gave a short speech congratulating the young men on their citizenship and noting they must be retired from the order.

DeMolay N. Meridian St Indianapolis

Also Mentioned on This Page

The Wall Street Journal Bond Markets Eves Pacific Oil Bis Erie St Oil of Cal No. P Lehigh Val Sinclar Aa Pac Texas Co Pacific. Y. Central Pennsylvania Pacific St Paul Union Pac Wabash Pii Kennecott Kelly Lima Loco Cent Can Mont Ward Bethlehem Cravible Sears-R'buck Gulf States U $S C Iron P Ind Alco Steel Sloss Sheffield Utilities Chand Motors People’s Gas Gen Motors Int Corp Studebaker Strommars Stew-Warner Houston Young Americas Wisconsin Minnesota North Dakota Red River Ohios Cleveland Dec Reese Michigan Mid-West Rio Long Island Capona Pacific Coast Grain Kansas Fastern Lake Seaboard East Kentucky Rials Ralph F Couch Wash Wale Holloway and Dranginis State Prison Jack Holloway Thomas Coliseum Krause American Telephone & Telegraph Co Baptists Calvary Everett Domant N. Olney St Churchman Avenue G. Borden Villa Ave Hege Avenue Fiord Ekie St Emmanuel Charles Lamberger Villa Ayve Henri Pohikotte W. Temple Ave Frank Pearson N. Mnlinois St Tux Park Bosworth Caflyn N. Euelid Ave Tabernacle Capitol Avenue Fred Mueher Fortieth St Centennary Lo J. Smith Ocitental Engiewood QO. M Samuel Rehby Pletcher 'S and Trust Building Downey Avenue C. Howe Audubon Rd North Park C. E. Groves W. Twenty-Eighth St Merle Sidener Park Ave Episcopal All Saints Seventeenth St Christ. Church Fred Kull Pennsylvania St Holy Innocents James Kenington McCarty Fletcher St. Falus John W. Holtzman Meridian St St. Matthews Earle McRobert Evangelical Association Beville Avenue Harry Krause Kealing Ave Evangelical Lutheran First English John E. Spiegel Noble St Morris Street J. H. Schulz Union St Meridian Street J. I. Holcomb Cold Spring North Illinoia Fred Hoke Washington Blvd Roberts Park John Berryhill N. Linois St James M. Swan Eugene St Proud Ripple Riverside Park R. E. Frazier N.nesouri Ave Woodside Clarence McPherson Dearborn St West Michigan M. W N. King Ave Presbyterian First Herbert King N. Delaw E. H. K. McComb Alabama St Grace Edward W. Clerk W. Thirtieth St Irvington M. D. Lupton Ritter Ave Sam Dungan Sutherland Ave Meridian Heights T. T. Beasley Berkley W. Dugh Talbot Ave Edgar H. Evans Westminster Mre O. C. Lukentill E. Washington St Frank R. Childers Barth Ave Reformed Presbyterian Third Fred Bloemker N. Arsenal Ave Garedhiton Avenue M. G. Lipson United Brethren First E. E. Flickinger Guaranty Ride L. D. Tyler N. la Salle St W. R. Mumma N. Beville Ave E. H. Cudle Merchants Bank M. A. Marchall Sherman Dr G. A. Everett Ceyner Ave Joseph Herron Nobiesville Bertha A. Shields Hoyt Richard Haynes Yandes Lucetta Williams Martindale Teaiah C. Crane Broadway Blanche E. Johnston Thomas Jones Oregon Pauline Davis Arthur Buckley Lacey McGee E. Pratt Charles A. Mitchell Lima Hotel Mary A. Clark Terrace Charles B. Stansbury Palace Hotel H. Dillion Ital Paul Stillerman Union Ida Einstein Bushrod Thomas W. Walnut Lenora P. Henson Ethel Morris Barrett Beryl L. Whiteside Walter Young Boulevard Place Edith H. M. Barker John D. Beaumont Arch Eva Vallie Columbia Philip Spong Wayne, Neb Frances R. Baker Buckle William and Marie Strough Drexel Hazel Warner Methodist Hospital Frank Amy Richardson S. East Hubert Hazel Linn Miley Jesse and Mae Thomson Montcalm Arthur Mamie Harris Meridian Ivan Blanche Heidenrich E. Michigan Earl Elsie Hartzel N. Dearborn Boysere Norma Marshall N. Ar-senal Charles Elizabeth Halstead Aaron Helen Vinegar W. Sixteenth Ralph Edith Lawson Bellefontaine Earl and Opal Ross Pershing Harold and Gladys Lewis Randell Virgil Elsie Winkle Oliver Harry Elsie Burns Capitol Shirley Anna Hendryx Henry Vera Dunkelson Liberty Albert Ruth Miller Faille Wm. H. Block CO Wright Field
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