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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jul 06, 1925
Page
3
Herbert Branch will be formally installed as president of the Junior Chamber of Commerce at a dinner tonight at Page's chicken dinner place. A dance will follow. C. August Schrader is the retiring president.
Reports of small losses cheer stock market as July starts. Mack Truck leads an early rally with a jump to around 200, American Can and General Motors rallying. White rises to 75 as First National and other buyers boost Mack Truck to new highs amid steady buying across rails and industrials.
Bank clearings totaled 8,824.0 with 1,000 noted in deposits. Officials reported Tae Sa Anos figures alongside routine balances at the Tae Sa Anos branch.
Reported by R G Dun and Co last week the United States had 371 business failures, nineteen fewer than the prior week. Fifty percent of failures had liabilities above five thousand dollars, with 215 cases in that high category. Canadian defaults dropped to 35, down from 52 the week before and 30 a year ago.
National Defense Test Day received strong backing from the American Legion as Commander James A. Drain praised the effort. He noted limited preparation time and said an annual event would depend on a year to year study of results.
A lengthy birth notice cites many families and addresses including Malone, Tignor, Francie, Sieffert, Shambaugh, Gumbel, York, Cook, Priller, Flum, Parker, Thomas, Greenwalt, McAndrews, Landry, Chiplis, Wheeler, Moore, Beck, Milum, Chadwick, Ferguson, Stewart, Crawford, Clark, Baridon, Johnson, Gilkey, Amos, Stockdale, Wimner, Harper, Holt, Morgan, Nelson, and others connected to Christian Hospital, Methodist and local residences across the city.
A list of deceased individuals with ages and causes appears from city hospitals jails and residences. Causes include carcinoma cerebral hemorrhage myocarditis tuberculosis and nephritis among others. Names include John Dampier Lloyd Morrison Thomas Moore Margareta Morow Ossie Beisinger Brice Barrett Amelia More Virginia Bohler and many more.
Beef native steer carcasses range 500 to 800 pounds with prices 19 20 cents per pound. Heifer hind cuts 6 cents, fresh mutton lambs 26 to 30 cents, veal carcasses 79 to 100 pounds at 19 cents, 100 to 130 pounds at 18 cents, 130 to 160 pounds at 17 cents, 160 to 200 pounds at 16.5 cents. Fores and hinds under carcass priced 4 to 7 cents. legs and other parts listed with varied cents per pound.
Wheat and oats showed a strong undertone while corn weakened. Improved outside markets and Liverpool’s higher opening lifted buying in Chicago. Weather and crop news were little changed. a minor drop in corn followed by short selling. Coats edged up on short covering and provisions trades were slow with prices near unchanged.
The dispatch lists daily commodity figures with July entries for oats rye and wheat receipts at Chicago and Peoria. It includes prices for corn No. 2 mixed Mass Vees and various futures for Timothy and Clover. Agricultural market activity and cash prices are noted with several percentages and numbers.
A fragmented list of produce items with varied prices from Florida and California markets. Grapefruit and oranges priced by crate or box. apples, cherries, peaches, berries, and melons with per crate or per box rates. Vegetables include asparagus, beans, beets, cauliflower, lettuce, onions, peas, potatoes, spinach, tomatoes.
New crop options trade at a level that discounts a five million ton Cuba crop. With the old crop barely finished an estimate of next crop size is impossible. Two bumper crops in successive years are rare, so distant options may be seen as investment levels.
Ora Whedon of Geleida Illinois faced city court on drunkenness and blind tiger charges after his wife fell from a street car at Illinois and Louisiana streets. He received fines and a 30 day sentence but both were suspended. Arlie Hatfield was fined 100 dollars and 30 days on a blind tiger charge. Local note mentions oil from the African but ter tree.
Hogs sold at 15 dollars per cwt the top price for light hogs the highest since 1920. A 7000 hog run with 173 holdovers preceded a slow market until an 9 am agreement spurred movement. Cattle and calf markets also showed gains with steers at 10 12.25 cwt and calves at 13 cwt while sheep and lambs edged lower on best lots. CHICAGO bids then showed hogs at 14.75 top for the year.
Market reports from Chicago and other cities show receipts rising with varied demand. Cattle prices steady to weak for steers and heifers, hogs 25 cents higher, lambs about 25 cents up, with notable activity in heavies and mediums and slower sale of stockers and calves.
Markets report mixed prices across regions with butter at 43 to 45 cents per pound, creamery butter near 41 to 42 cents, Swiss and domestic cheeses trading higher, and poultry including fowls ducks and turkeys listed with varied cents per pound. Chicago and New York summaries show steady to firmer butter, pork, sugar, and coffee futures with typical wholesale demand signals.
The court debated the order of trial for Earl Stephenson, Earl Gentry, and Klinck with the State seeking Stephenson first. Judge Hines denied overturning prior rulings and said the State may elect the order, while defense argued for Gentry’s earlier trial and immediate bail.
Funeral services for Edith Dean 27 Marion St. Noblesville scene near Sixty-Second St. and Allisonville Rd. Indiana. Detectives Roach and Fossati seek two men who may know how she came to the Nickel Plate tracks last Thursday night. A train crew found her fatally injured and she died an hour later.
Practice ends today for girls aiming to join the Kitten Ball teams in four city playground leagues. They begin official games Tuesday with Mrs. Alice Kessler in charge and prize medals from The Times for the city championship team. Boy leagues started a week earlier with several matchups listed across north east south and western divisions.
Authorities skeptical investigate sensational claim by two men Dr. W. D. Mason and Lawrence Bowman that five hooded men abducted them ten days earlier and chained them to trees on Signal Mountain. They were found in a hollow near Mason's bloodstained car. badly beaten and near starvation with blood poisoning.
Flooding at Warfleigh and Riverised beaches after White River rose five feet in two hours. Bathers faced knee to head deep water as strong currents blocked entry to deep areas. Two tents were flooded before evacuation could occur.
Twelve men started inventorying movable equipment in Indianapolis grade school buildings, branch libraries, and high schools to aid the annual school board budget. The board meets Tuesday at 4 p.m. to consider bids on the 1925‑26 coal supply.
Mrs Emma Keene owner of a grocery at 865 W Pratt St reports her store was robbed today as a man fled with $5 in cash and cigarettes after the cash register bell rang.
Twelve persons were arrested over the week end charged with traffic violations. Names include C. J. Fulkerson 27 Burton Wheatley 33 Ernest Hueber 23 William C. Boles 17 Thelma O Haver 22 Alfred F. Kissick 42 Oscar Williams 38 Zenas Turner 35 Paul Jones 34 Herbert Theising 34 Jeff Fade 34 Manford Rinsobber 22 and others. Charges cover speeding driving while intoxicated reckless driving and related offenses.
Judge James A. Collins presided over an arraignment of 87 defendants in Criminal Court. Six women and 81 men pleaded not guilty to various counts including assault with intent to kill, grand larceny, murder, and involuntary manslaughter. Companies Kosmos Portland Cement and F. W. Aldag faced motions related to conspiracy charges.
Beech Grove commissioners approve improvements to Churchman Road with a fifty foot right of way widening from thirty three feet. No complaints filed. Deputy engineer Wallace Solthard notes overlap on property between Fifth and Thirteenth Streets. County attorney Russell Ryan says the damage suit period has expired. Plans for paving filed last December. Property owners favor paving. eighteen foot roadway will not interfere with property overlaps.
President Coolidge announced the reassignment of American ministers to Poland and Finland. John B. Stateson of Pennsylvania will be minister to Poland, while A. J. Pearson of Iowa, formerly minister to Poland, will go to Finland. Pearson reportedly sought Finland due to expenses tied to Polish post.
Samuel Grace travels to Washington to pursue a $1,000,000 claim alleging that four ships owned by his great grandfather were seized by France during the war with Britain. The case, reopened by President Coolidge, seeks compensation for the loss.
Miss Rena Wood, 25, colored, of 525 West Michigan Street, told attendants at the Flanner House on North West Street she had ingested poison. She was taken to the city hospital where doctors reported a slight chance of recovery.
Washington July 6 The Emergency Fleet Corp manager said government ships avoid liquor service yet six US liners in trans Atlantic service run at record passenger levels. The Leviathan broke its record June 13 with 2149 passengers as July 4 demand grows. George Washington President Harding and President Roosevelt also report record cabin traffic amid summer travel.
Times Special notes Northwestern University professor A J Snow argues that selling success now hinges on appealing to buyers emotions and personal desires rather than fixed formulas. Psychologists find that tradition custom prejudice family love self pride and jealousy often close the sale.
Paris reports under-secretary Jammy Schmidt said Finance Minister Caillaux will lead a parliamentary delegation to London and Washington to negotiate a loan for reconstructing devastated regions and aiding French finances. The debt fund visiting America may be announced tonight, indicating intent to obtain U S financial aid for reforms and rebuilding.
Alexander Baker 35 of 109 N Senate Ave was arrested on a warrant from Frank Hatfield Company Inc alleging he forged a note for 309 dollars to buy an automobile.
The State board of tax commissioners approved a $45,000 bond issue for construction of a new school building in Sugar Creek Township Hancock County.
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