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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 04, 1926
Page
20
The Dow Jones industrial average climbed to 145.03 on Friday, surpassing the previous recovery peak of 144.83. Gains centered on steel, Pere Marquette, Mack Truck, and Baldwin amid continued short covering and optimism for earnings.
Indianapolis bank clearings totaled 3 851 000 with debits 7 499 000. Foreign exchange closed irregular in New York with sterling at 4 86 5 4, francs 3 43, par land 5 08, and other quoted rates. New York clearings reached 948 000 000 with balances 111 000 000.
A long list of wholesale and retail fruit and vegetable prices appears, with entries for bananas, cantaloupes, oranges, coconuts, grapefruit, strawberries, cherries, tomatoes, onions, mushrooms, and more. Prices vary by origin such as California Florida Texas Alabama and H G. items are listed per crate box basket and per pound with numerous figures.
Fresh prices for butter cheese eggs and poultry listed alongside flour sugar coffee and potatoes. Prices show firm butter and cheese drafts, while poultry and eggs vary by region with Northern and Western markets noted.
Four men attempted a paycar robbery of Public Service Railway in Newark New Jersey. Theodore Conway the paymaster was shot and killed during the attempt. A guard named Von Gynen was wounded as several thousand dollars were in the car.
The Indianapolis Livestock Exchange saw 7,000 hogs offered with 602 holdovers added. Top price reached $14.70 for lightweights, most sales at $14.10 to $14.60, with varied ranges by weight. Cattle and sheep markets posted steady prices despite slow action and ongoing recessions.
Chicago grain prices closed uneven after a volatile day on the Board of Trade. Wheat finished fractionally higher in most positions despite a late dip erasing earlier gains, while corn and oats slipped or held steady as traders weighed favorable crop outlooks against weak late-session trading. Provisions rose with mixed cash markets and domestic receipts showed varied movement across commodities.
Local Wagon Wheat Indiananoie and cran elevator offer $1.40 for No. 2 red wheat. Other grades vary. prices reflect market conditions and regional demand.
Birth announcements list multiple families linked to St. Vincent's Hospital and Christian Hospt al neet, with names including Walter Bundren Martha Bundren Eli Cates Helen Cates Cecil Bryan Opal Bryan Wauman Gruse Robert Little Elizabeth Little Horton Oliver Anna Oliver Donald Base Dorothy Base Fran Meyer Gertrude Meyer Sterling Ruth Phillips Lila Bash Leona Outta Leona outta Raymond Unversan Eleanor Unversan Charles Ott Ruth Ott John Locke Lenya Locke Udell Albert Locke John Martin Elias Atkins Katherine Atkins Richard Sidwell Walter Agnew Dorothy Agnew William Daniels Stella Daniels Edward Lehwier Martha Lehwier Thomas Kellis Wilma Kellis and other listed couples at various addresses.
A roster of local deaths includes Thomas Richardson 50 of 337 West Thirteenth with acute myocarditis, William Jones 52 of 2143 Martindale with cerebral hemorrhage, and Robert L. Fisher 48 of 2620 Boulevard Place with bronchopneumonia. Also listed are Maud Fleming 47 at Christian Hospital with septicaemia, Mary Belle Parrott 3 of 601 North Euclid with lobar pneumonia, Jennie Elizabeth Gamble 66 of 142 South McKim with chronic myocarditis, Paul Edward Armstrong 5 months, Mary Margaret Eisen 52 at St. Vincent's Hospital with pyloric stenosis, and many others with varied causes and addresses. The list includes ages from 1 day to 76 and hospitals such as Central Indiana Hospital and City Hospital.
Sugar futures faced heavy selling but steadied as hedging against cost and freight purchases and nearby liquidations limited losses. Spot sugar sold at 2.5 and refiners kept prices near 5.70 as Cuba’s grinding season nears end and market watchers eye gradual larger sugar consumption with only small futures moves expected.
June market round up from Chicago Cleveland Buffalo Pittsburgh Cincinnati and Toledo shows steady to higher cattle and hog prices. Fat steers and yearlings quote strong in parts while lambs and calves vary by region with bulls and sows showing mixed gains.
John H. Hunt of Detroit was nominated for president of the Society of Automotive Engineers at the closing session of its 1927 summer convention in French Lick Indiana. Col William D Wall of Indianapolis was named first vice president. Also noted, sixty tons of Burbank certified seed potatoes shipped from British Columbia to California.
In New York on June 4 the cotton market was strong with expectations of further value in Texas and Oklahoma. The writer predicts cotton will sell material this month and notes European trade underappreciates the poor crop prospects, signaling a cautious stance on global demand.
Hearing set in Superior Court Three at 1 a m Saturday to obtain a temporary injunction against police and union officials of the Amalgamated Association of Electric and Street Railway Employers of America. TRO granted two weeks ago after arrests on vagrancy and related charges.
Mrs Mary Dille 84 of 2321 W Walnut St was in critical condition at the city hospital after a coal oil stove exploded at her home late Thursday. Neighbors and daughter Bessie Wheeler described burns and efforts to extinguish flames as Mildred Hopkins ran to help and water was used. Police investigated whether the incident was self inflicted.
Charles Coffin of 13 N Meridian Sr reported a theft from his home today. A capri outfit and a rug valued at 237 dollars were taken. Local police are investigating the incident.
The school board will vote at 4 p.m. on tentative teacher lists and proposed principal changes. Superintendent Graff predicts many principal relocations and possible discharges including Miss Mary McGee and Miss Mary Connor. Addie Wright submitted a resignation not voluntary. The fate of D T Weir remains uncertain as a minority plans to resist the majority’s moves.
Frances Vandiver 21 of 746 Somerset Ave. jailed in Marion County on a bigamy count in Criminal Court and a child neglect charge in Juvenile Court. She was held on $1,000 bond in Juvenile Court and detained when unable to post an additional $1,000 on the grand jury capias. Allegedly married James R. Vandiver May 29, 1920 and Joe Johnson May 15, 1925 in Hancock County. she has two children. Judge James A. Collins will decide if she may remain bondless in Juvenile Court before ruling on bond in the criminal case.
The United States reports an attempted bombing of the American chancery in Montevideo Uruguay. no injuries were reported as the blast occurred in the vestibule. officials link the attack to radical Latin American protests over the Massachusetts Supreme Court Sacco and Vanzetti decision. a prior attack targeted the Buenos Aires embassy on May 17.
Bertram C. Day, president of Crescent Life Insurance, was elected president of the International Lincoln Club at the Board of Trade meeting. Other officers named include Vinson H. Manifold as first vice president Marshall D. Lupton as second vice president Harry T. Linstaedt as secretary and Dr. Lyman R. Pearson as treasurer.
Jacob Kirkpatrick, 70, of 1119 Fairfield Ave, suffered back and possible internal injuries at St. Vincent's Hospital. Witnesses said a rope trailing from a truck wrapped around his legs as he crossed at Thirty Fifth St and College Ave, the wheel rolling onto the rope before it whipped him down. The truck, owned by F. D. Gardner Refrigerating Company, was driven by Floyd Ballinger.
Seven youths held on auto theft charges after a surge in Thursday night thefts. Three arrested locally in stolen cars. four others held after Salem arrests. Names include Wilbur Allen and Leonard Wilson. others returned from Salem: Fletcher Bendler Walter Hancock Beveridge Cole Burnie Hrazzell. Six other cars recovered. total value of stolen cars noted.
Senator Trammell cited Indiana Standard Oil dividends of about 15 percent over four years to support a Senate resolution for a Federal Trade Commission inquiry into oil price increases. He noted Virginia Governor Byrd’s figure of a half billion dollars yearly impact from recent gasoline price hikes, including a $300 million rise in gasoline alone. The Senate approved the resolution.
A Senate Miilitary Committee subcommittee report says President Coolidge's executive prohibition order is harmless in legal import and is only a policy expression. Senator Walsh led the discussion in a closed session with minor objections noted and a final decision postponed to tomorrow.
Two men armed with revolvers robbed a downtown Champaign cafe and escaped in a car with about $100, holding about twenty University of Illinois students at bay during the holdup.
The Senate campaign expenditure committee will open hearings next Wednesday on the Pennsylvania primary. Executives and treasurers for the three Republican candidates William S. Ware George Wharton Pepper and Gifford Pinchot will testify on spending and purposes. The panel may later visit Pennsylvania and assess potential probes in Illinois New Hampshire Kentucky Indiana North Dakota and Iowa.
Police traced a special delivery warning to Robert Norton Hill of Lansdale Pennsylvania. He was found dead by suicide with a pistol near him. His son Paul 20 lay dead in bed beaten and shot. Wife Lilian was unconscious with head injuries and not expected to survive. Despondency over illness blamed for the act.
In Ellsworth Ohio on June 4 the bodies of William Barnes Al Nance and his two children an 18 year old daughter and a 4 year old boy were found in Barnes coupe from carbon monoxide fumes Police said Barnes had severed a rubber inner tube and placed one end over the exhaust pipe with the other end inside the started motor No motive was learned
Judge James A. Collins released papers and records from the State board of accounts tied to the county grand jury probe of the State highway commission. Prosecutor William H. Remy sought release to aid the accounts board for the AG’s report. Indicted: John D. Williams director, Earl Crawford former commissioner, George Bartley former superintendent, Moses and Victor Goldberg, and C. William Whaley junk dealers. Whaley faces trial July 1. others set for later in July.
Joe Farb 84 N Adelaide St son of Sam Farb bondsman was fined 100 dollars and costs and got 30 days in jail by Criminal Judge Janes A Collins and will appeal. Russell Sage 538 Massachusetts Ave former poolroom owner received similar fines and sentences for liquor possession. Elt Jackson 148 South Weat t was fined 100 dollars and six months in Indiana State Farm for alleged liquor sale related to Aquodt sold to Raymond Boyer and Charles Clark who were reportedly intoxicated during a failed hold up.
The naval court martial announced Capt. Charles Devalin, commandant of the Norfolk Navy hospital, is not guilty of drunkenness charges. The ruling comes amid the ongoing proceedings in Norfolk, Virginia.
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