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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 02, 1925
Page
3
The piece notes investors praise easy money while doubting how long prices can last. It warns that widespread selling could occur at inopportune times, and criticizes artificial market activity. It also discusses persistent coal industry woes with lower production versus prior years and shifts to oil and hydro power reducing coal use.
The New York market opened firm but turned mixed as bears pressed pivotal stocks like Steel, Dan and Mack Truck. Steel held above 114 after a clash, rallying from lows. International Telephone climbed to a fresh high, while rails weakened and readings showed strong demand on decline. Mack Truck dividend news barely moved the stock. The day saw 40 percent higher volume than a year earlier.
Indiana figures show Tuesday clearings at 33 3800 with bank debits totaling 49 000 in a brief economic update lacking full context or dates.
State game wardens arrested 113 people and secured 106 convictions in May for violations of game and fish laws. Total fines and costs amounted to 2155.60 dollars. Leading offenses included 55 for illegal gear and methods, 15 for hunting without license, 13 for undersized fish, 10 for spear possession, and 7 for trot or set lines on lakes.
Detectives Peat and Schrum report Chester Ball, 23, of 1709 Lockwood St., is held today as a fugitive. He is wanted in Monticello Indiana on a grand larceny charge.
Birth announcements list newborn girls and their parents from St Vincent’s Hospital and Methodist Hospital including families such as Charles and Bessie Hitz, Florence Weatherstone, MacComiskey, Bash, Mooney, Rice, Geddes, Yount, Graham, Osborn, Hand, Blackman, Merrim, Sprague, Hurst, Hanson, Brown, Bergman, Reed Hovey, Ellis, Sprickmah, Hollis, Thompson, Nicholson, Shake, and others.
A fragmented list shows numerous individuals with ages and hospital affiliations. Names like Dale Partlow and Udell appear with ages 4 and 71 alongside references to city or central Indiana hospitals and conditions such as chronic interstitial nephritis and peritonitis.
About 7,300 hogs were sold on the local market with net gains around 1.15 per hundredweight as desirable hogs topped at 12.55 to 12.65. Heavy porkers weakened. medium weights 12.25 to 12.45. light lights 12.25 to 12.65. Slaughter stock 11.75 to 12.25. Sows 10.50 to 11.00. Cattle showed firmness on good light steers and cows, while heavier steers and killing cows slipped. Receipts about 1,200 cattle and 300 sheep. drought pressures curb feeder cattle demand. Calf values near 11 and 10.50 for bulk. Lambs 13.50 to 14.50.
June 2 livestock reports show cattle receipts around 9 000 with varied offerings and steady to soft demand at East Buffalo and Toledo markets. Sheep and lambs saw active trade with prices ranging from 12 to 16 for prime lambs and heavy ewes near 13, while sows and hogs moved around 10 50 to 12 65 with steady to firmer bids.
United Press reports the May 25 cotton crop condition at 76.6 percent of normal, up from 65.6 percent last year and above the ten year May average of 72 percent, per the Agriculture Department release from Washington.
George C. Mize of the Junior Chamber of Commerce will receive a free trip to the national convention in Tulsa Oklahoma this month for bringing in ten new members. The announcement noted the membership drive success.
Chicago Board of Trade trading showed a split trend with wheat finishing higher on new crop options while coarse grains declined. Rains limited to the spring belt boosted wheat. December corn led declines. Cash prices fell 3 to 5 cents as oats showed weakness and provisions received support.
Toledo dispatch notes wheat, oats and corn prices with bid offers and closings. Market figures show futures for July and September contracts, with oats and barley prices and butter rates also listed.
Fresh markets report butter beef and poultry prices with species breakdowns. Includes fowls ducks turkeys roosters squabs pigeons and capons, plus butter creamery milk and eggs prices, with regional references to Indianapolis and Chicago markets and various weight categories.
The Canadian Pacific Railway runs a fifteen car better farming special on the Ottawa Pembroke line to promote improved stock breeding. Exhibits cover pure bred cattle swine and poultry with demonstrators and lecturers aboard. After Ontario the train heads west for similar tours from Winnipeg.
Criminal Judge James A Collins fines Russell L Sullivan 24 of Indiana 100 dollars and costs and sentences him to one to five years at the Indiana State Reformatory on a fradulent check charge. Then a note on early natural gas use cites William Murdock of Cornwall England as the first to light a house with gas in 1792.
The American Civil Liberties Union announces a planned legal test of Delaware's Bible reading law in public schools and colleges. Professor Clarence R. Skinner says the law harms academic and religious freedom and would restrict teaching to Protestant Bible reading. the union seeks parents or teachers to accept legal and financial help for the challenge.
Homer L. Weigh served ten years as a courteous traffic officer at a Huntington, West Virginia business corner. Overwhelmed by public praise, citizens elected him city commissioner by a record-breaking majority.
A five inch telescope is described as magnifying four and a half times. A submarine boat is said to have been invented in 1579 and another tested on the Thames at the start of the seventeenth century. Forty five percent of Americans own their homes.
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