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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Jun 15, 1926
Page
5
A New York market brief notes stock movements amid daylight saving time changes. Investors monitor price shifts across major shares as Wall Street adjusts clocks, with quotes and closing figures reflecting the time shift.
Marion County agricultural agent Charles Henry warned Pike and Decatur Township farmers about wireworms invading cornfields on three Pike Township farms and spreading to nearby fields. Areas near New Augusta were also affected. He advised drainage, clean cultivation, late summer plowing, and furrowed plows with poison bait for migrating worms. Hog prices fell at the Indianapolis Livestock Exchange with a 9,000 head run and prices mainly between 14.40 and 14.90 for various weight classes. Cattle, calves, sheep, and lambs showed fluctuations amid heavy receipts. Washington Bureau reports the Watson Dawes McNary Haugen farm relief bill nearing final Senate stages, but prospects dim due to Treasurer Mellon’s opposition.
A description warns readers to scan a downtown crowd for policewomen in new regulation uniforms. The attire includes double breasted blue serge suits with black braid trimming, black vagabond hats, black shoes and hose. Officers will also carry regulation 38 calibre revolvers though badge placement on uniforms is undecided.
Speculative sentiment turned largely bullish after aggressive industrial stock demonstrations. Dow Jones industrial average rose to 150.13, rebounding 14.93 from March 30 low, with over half of February to March decline recouped. Oil shares saw tremendous activity as Texas Company Marland and other leaders drove counterbalancing profit-taking in GM, U.S. Steel, and others.
Indianapolis bank clearings for the period totaled 4,395,000 with debits of 8,017,000. New York City reported clearings of 1,124,000,000 and balances of 112,000,000 as of June 15.
Financial wires show price lists from Chicago Cleveland and New York on June 15 for butter and creamery goods, eggs and poultry receipts, cheese variations, and potato and potato product totals. Entries include Creamery butter 38% to 41% cent ranges, eggs extras and firsts, heavy fowls and broilers, and various russet and cobbler potato prices across regions.
Gary Indiana June 15 United Press reports the death toll from the Illinois Steel coke ovens blast rose to 47 with 47 more left dangerously injured. The two story brick ovens spanned two blocks and caused extensive property damage. Officials suspect ignition from acids on the second floor. Killed were plant foreman Leslie Richardson and Pontius Valone Belix Renick Jesus Perez Harry Farris Loyd Collier John Gaddis Joseph Harris Robert Little Marvin Killigrew and an unidentified Black man.
Indianapolis mills and grain elevators pay $1.39 for No 2 red wheat. Other grades vary by merits.
Laura Rule of 1418 Blaine Ave reported to police that she and her friend Charles Barr were held up Saturday night in the 1300 block of St Harding Street and robbed of $20 and a ring valued at $20.
Prices for fruits and vegetables listed by region and item, including boxes, crates, and baskets. Items cover apples, apricots, bananas, oranges, grapes, cherries, melons, berries, and common vegetables with varied regional prices and packaging terms.
In New York on June 15 Willett and Gray report reduced raw sugar stocks at Cuban loading ports. A shift in tone appears in both spot and refined markets as new buying reemerges in distant months, hinting at a gradual business recovery.
In New York on June 15 local forecast ers anticipate all day rain in the Carolinas. Crop circulation is light with few complaints and moderate demand. Traders express cautious optimism about long positions amid speculative interest and potential profit.
Grain prices at the Chicago Board of Trade rose broadly from Monday to close, with wheat led by strong buying from commission houses as weather markets dominate. Old stocks thinning, futures up, corn and oats also edged higher, while provisions rose as traders weighed forecasts of more rain and varied regional conditions.
The report lists mixed commodity receipts and prices in Chicago on June 14 15 with figures for wheat corn oats rye and timothy hay and soybeans. Grain prices show No 2 yellow corn around 71 to 72 cents per bushel and oats around 420 to 430 per bushel with various white and mixed grain classifications.
The Young People’s Society of First Friends Church at Thirteenth and Alabama Streets presents Sauce for the Goslings a one act comedy tonight at 8 p.m. Miss Martha Bennett religious education secretary directs the production with Leah Jones as coach. Cast includes Walter Johnson Robert Taylor Mary Inez Sielken Anna Carson Calvert Craig Elma Hackett Ruth Anna Johnson.
Cattle receipts around 1,000 with varied trends across regions. Steers steady, yearlings active, vealers steady. hogs about 20,000 with market strength and some price declines. sheep and lambs weaker in parts, with regional price ranges and diverse stock categories. Includes East St Louis Cincinnati Toledo Pittsburgh Buffalo market snapshots and notable price points.
A garbled list of patient names ages and causes from various hospitals including Long Hospital Methodist and Christian Hospital. Entries mention cerebral hemorrhage myocarditis bronchoapneumonia chronic nephritis intestinal obstruction and other ailments with numerous OCR errors and misread addresses.
The complaint details alleged Adair Realty and Trust Company links to the Couch Operating Company and disputes ownership of multiple hotel properties in Lakeland Tampa Sarasota Atlanta with values from thirty thousand to one hundred thousand dollars. State Chamber asserts the Tampa and Atlanta claims are misattributed and lists corporate branches in Atlanta Philadelphia and New York City.
Prosecutors continue the Squibb liquor theft inquiry with five men charged in a conspiracy to violate prohibition laws. Witnesses include Department of Justice agents Louis Loeb and George Winkler, with Marshals and inspectors detailing missing liquor from 330 cases. The case stems from 1923 seizures at the Lawrenceburg distillery and ongoing grand jury testimony amid prior congressional disclosures.
Lieut John A Marsh of the Navy medical corps reports for one month's duty at the Navy recruiting station 48 Illinois Street to relieve Lieut Commander F D Gibbs on leave. A 1909 Indiana University School of Medicine graduate, Marsh practiced in Indianapolis before World War I and served here as medical officer 1920 to 1922, staying with his mother Mrs Willard F Marsh at 530 Drexel Avenue.
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