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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 13, 1927
Page
2
Wheat futures closed 1 4 to 4 3/4 cents higher amid nervous trading on the Chicago Board of Trade. Cables and rains in the Southwest supported prices, with corn gaining 3 to 4 1/4 cents as traders covered shorts and buyers lined up. Oats held steady and provisions ended higher amid light receipts and broad market weakness.
June 13 market snapshot shows wheat corn oats and barley pricing with bid offers and cash quotes. It includes primary receipts and shipments data for Wheat Corn and Oats, plus Toledo and regional price details for butter eggs hay and Timothy.
The Indianapolis Board of Trade quotes cash grain bids with basis 4 12 cents. Wheat No 2 hard No 1 red and No 2 white show varied prices. Inspections list several car totals for wheat corn and hay with multiple quality grades and car counts.
Grain elevators quote $1.34 per bushel for No 2 red wheat with other grades bought on their merits. The market notes reflect local pricing conditions for wheat deliveries to area elevators.
In New York on June 13, The Sugar Market reports that the market has risen by five cents a unit as a bullish argument. It notes prices could reach twenty or thirty cents only if prolonged bad weather persists, and promises as much data as possible on the topic.
Wholesale butter prices for best creamery grade quoted at 42 43 cents per pound. Eggs delivered in Indianapolis at 15 16 cents per dozen. Poultry buying prices list hens large breed 18 19 cents, Leghorns 13 1éc, old 10c, springers 2 lbs up 25c, 12 21c, Leghorn blacks and small 17 18c, ducks 13 15c, geese 8 10c, guineas 35c, turkeys 7gRee toms and hens 23 25c, old toms 20c. Chicago market notes butter receipts 16,025 with various grades, eggs 42,399 with price ranges, poultry receipts 11 cars with multiple fowl prices, potatoes market dull with various regional price points. By United Press New York market shows steady to firm tones across butter eggs and poultry, with turkeys and ducks in specific ranges. Forest product value cited at 40,000,000 annually.
A dense catalog of wholesale fruit and vegetable prices listing per unit and crate costs. Items include apples Ben Davis and Davis varieties, Cantalo uples California crates, Grapefruit Fancy, Lemons California, Limes Jamaica, Strawberries Indiana, Asparagus H G varieties, Beans Green, Beets H G, and many more with prices per dozen, per crate, per hundred, or per bushel across states and regions.
In Cotton Market New York on June 13 heavy rains across western Texas and the dry area pushed the market down about 50 points. Traders cite poor technical position and holiday absence on the stock exchange as reasons the decline was not larger. Weather remains the dominant influence driving talk of a secondary flood and weaker spring business.
A sequence of names and addresses shows multiple construction and repair items. Entries include William Rudel garage 1435 Dawson Williamscape Nephews tanks 600 Dorman. William Cooper Nephews garage 600 Dorman. platform 600 Dorman. pumphouse office 600 Dorman. furnace 1146 Congress 5 Mills Lysaght. furnace 224 Belle Fontaine 200. Omen J Selig alterations 501 Birch. Fred Meusel porch 721 E Morris. Lockwood remodel 4165 College. Tucker Company move from Tenth and Emerson to 970 Leland. Robert Clarke garage 5203 No Mann. addition 404-06 Lansing. Rayer repair 202 N Jefferson. Rayer repair 225 N Jefferson.
The New York Stock Exchange and other city markets close for Lindbergh’s reception with a few firms staying open half the day. The event affects trading hours and business operations across the financial district.
Week's opening trade at Indianapolis Union Stockyards was steady with some butchers strong to 10c higher. Chicago market 10c-15c higher, local prices similar. Hogs top at 9.40, typical 8.75 to 9.35. vealers 13 up, other calves 13 down. calves weak by 50c. Slaughter cattle active with beef steers 9.25 to 11.15, cows 6.50 to 8.25. sheep steady, lambs off 50c. top fat lambs 17, bulk 15 to 17, cull lambs 8.50 to 12. Receipts: hogs 6,000 plus 196 holdovers. cattle 700. sheep 700.
Reports from Chicago Cincinnati Louisville East St Louis Cleveland and Pittsburgh detail cattle hog and lamb receipts and price ranges. Cattle mostly higher in several centers with firm to higher bids for fat and feeder stock. hog markets show about 10 to 25 cent gains across weight classes. lambs and sheep varying with some drops in Idaho and native lambs securing higher bids in select markets.
Local bank clearings totaled 4.129 million dollars with 7.08 million in debits. Charles Williams of the Indiana State Teachers Association was named to the teachers retirement board by Governor Jackson to a four year term, succeeding James W. Larmore of Anderson. Beth El Temple will hold a Riverside Park picnic Thursday with buses from Thirty Fourth and Buckle Streets at 10 thirty A.M.
Magna cum laude recipients Julia L. Bretzman Ferdinand Paul Mehrlich and Pauline Fay Pierce led Butler University graduates honored at the commencement exercises. Cum laude scholars included nine more names while various tuition and scholarship awards highlighted the ceremony.
The De Valera party, pledging allegiance to the Irish Republic, led Cosgrave supporters in early returns. De Valera has won thirty seats to Cosgrave thirty two with nearly fifty seats still undecided. he expects a small majority.
Police yesterday re stated charges against Joseph Skidmore and Mrs. Vesta Wells of Cincinnati Ohio and Aaron Dempsey of Covington Kentucky for grand larceny and burglary. They were arrested after officers seized an auto with seventy stolen chickens and recovered auto accessories and house furnishings from an apartment on West Ohio Street where they were living.
The Indiana Trust Company and Merchants' National Bank won a joint bid to distribute bonds for Sunnyside Tuberculosis Sanatorium construction. The contract totals fifty thousand dollars with a bond premium of one thousand five hundred thirteen dollars.
In Evansville Indiana on June 13 a woman identified as Mrs John H Mathesie was found dead at her home after her hair became tangled in an electric device, neighbors discovering the body.
After two days amid admiring crowds Lindbergh shows weariness and discomfort from constant receptions. He avoids smiling or responding to cheers, preferring privacy as he nears New York for a celebratory week, displaying modesty and dignity amid intense hero worship.
Representative Frank Wright says talk of altering Indiana prohibition to allow medicinal whisky has expanded business for the Anti-Saloon League. Wright, author of the bone-dry law, says he earns $20 weekly lecturing. church collections have jumped from $30-40 to over $100, with $120 collected at Rising Sun. A bootlegger signed one Valparaiso donation envelope.
Charles Lindbergh said a San Francisco to Hawaii flight would be successful soon but warned aviators to navigate the Pacific with even greater care than his Atlantic crossing. He spoke at a National Aeronautic Association breakfast before departing for New York.
Thomas Guy a 14 year old youth from Chicago is under arrest in Petersburg Indiana on a charge of attempting to wreck a gasoline train on the E I line between Terre Haute and Evansville He admits throwing a switch but says he did it to permit a switching train to enter and that he did not know the other was due The oncoming train was stopped within a foot of the open switch.
Two hundred playground instructors under Recreation Director Jesse McClure began the annual effort to keep children off seven playgrounds and nearby swimming areas. Thousands of children visited the facilities despite gray skies and drizzle.
De Pauw University trustees seek a successor to Dr. Lemuel H. Murlin, whose resignation for illness is accepted with retirement set for June 1928. Murlin, who became president in 1925 after Bishop Grose, urged replacing him with a younger man due to the strenuous duties. He previously led Boston University for fifteen years and had headed Baker University in Baldwin Kansas.
Nashville Illinois June 13 Char lie Birger once ruling southern Illinois gang is indicted with four followers for the slayings of Patrolman Lory Price and his wife. Grand jury hears Art Newman testimony that Birger shot Price and ordered Mrs. Price killed January 18. Also named Connie Ritter Ernest Blue Leslie Simpson and Riley Simmons. Body said hidden at Centerville District mine.
Annual commencement exercises at St Francis de Sales school Sunday evening saw fifteen pupils receive diplomas. Rev Rayond Lole delivered the address and Edward Fowley gave the opening remarks. Mary Cosgrove earned a medal for the highest scholastic average while Robert Cissel received a medal as most representative boy.
Greenburg town in Scarsdale New York appoints three new constables to halt moonlight golf parties at St Andrews Country Club. Dozens of automobile parties have been seen driving to the links for nocturnal recreation.
JAMES Dunmore of the Provincetown Players arrives each night in a costly touring car while his acting salary remains modest. An investigation shows he also works as a chauffeur when not on stage and owns his own automobile.
Charles Lindbergh departs Bolling Field in an Army pursuit plane bound for New York. The escort carries dozens of aircraft while Lindbergh performs controlled maneuvers including a barrel roll and loops over Washington before joining the northbound formation. Commander Byrd follows in a Loening as eighty planes trail.
An article notes the average well dressed woman carries clothing weighing about 3 pounds 4 ounces while her husband’s attire weighs around 10 pounds.
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