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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jan 14, 1925
Page
3
New York Jan 14 United Press industrial stocks advanced after U S Steel increased to 92 percent of capacity. The market showed brisk early dealing with gains for Baldwin at 136 and American Locomotive at 118 as demand for equipment growth supported prices.
The article lists directors and officers re elected or retained across multiple financial institutions including American Company Gener dineeters, State Savings and Trust Company, Fountain Square State Bank, and Massachusetts Ave branches. It notes named individuals such as John Appeli ey Y Brown William Paw Own rach Bieder Dickson Holliday Bel Myjunee W Macy Malott Edwant Paterson Samuel Raub Stalaker KR Malott Wood John Kur Malloch Fish auditor O Dungan Holtzman George F 2S ahorntda Berk Hatin es R W Spiegel Ralph Simi Robinson T Robinson J Hasitee Cons Josephine Henley Frank L Macy Paal Fed eral Finance Company Edward B pany Joseph secretary A L Portteus cashier Wallace Weatherholt James Houck treasurer J Murphy Mauric P re elected president Tadigeanally Tite Insurance Co William Paal Fountain Square Bank officers renamed.
On opening of the Board of Trade corn closed slightly higher while wheat oats and rye finished fractionally lower. Grain futures eased with hints of overbought conditions and few bonafide buyers in the pit. Locals sold corn early and lower wheat helped cause a fractional dip. oats opened lower and provisions held steady despite higher hogs and quiles.
Jan 14. Chicago grain receipts include corn oats and other commodities with mixed bids and closing readings. Prices show slight shifts with oats and corn listed at various figures amid market activity and supply notes.
Indianopolis area buyers show fresh eggs at 40 cents a dozen wholesale 45 cents per dozen for storage eggs. Butter prices hover with cream butter delivered at 42 cents per pound and Wisconsin dairy items listed. New York trading notes report pork futures firm at 34.25 to 35 dollars per unit and Midwest spot pork around 16.90 to 17.0. Local eggs and fowls prices vary with common and fancy grades noted.
Fragmentary OCR notes mention tank wagon gasoline pricing and market references including figures like 409 and 38.555. No clear events, dates, or named entities beyond generic terms appear in the readable text.
Forecast shows fair conditions for Indianapolis with increasing cloudiness later. Wind from the west, in and northeast markets at 5 to 15, and 12 to 22 in the south and east regions.
Local packers bought heavily and hog prices held steady at Tuesday levels. Receipts about 14 000 with 2 265 holdover, total 16 000. Kingan largest buyer, taking around 10 000. Top hogs 275 lb+ sold 11.10 11.25, medium 10.90 11.10, lightweights 10.65 10.90, some loads 9.75 10.65. Sows steady at 10.25 down. Cattle traffic steady, steers uneven but unchanged. Veal 14 14.50 top. Sheep and lambs scant, prices nominal. Dealers expect Chicago prices for good fed western lambs due to light receipts.
Chicago and East St Louis report cattle receipts around 11 000 and 800 respectively. Prices range with beef steers steady to lower and natives at various grades. Lambs good to fancy bring from about 19 to 19 25 per hundredweight. calves and sows show uneven demand amid sparse buyers.
The Merchants National Bank announced a leadership change with John Seat reappointed as president. Thomas H. Wears and Louis Pye also referenced in outlining the bank’s executive team.
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