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Indianapolis Times in Indianapolis, Indiana

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This newspaper page contains 27 articles. Subscribers can read the full text of each article.

Newspaper

Indianapolis Times

Location

Indianapolis, Indiana, United States of America

Date

May 19, 1925

Page

3

Wall Street buoyant tone continues amid speculative rally

The New York market opened with rising optimism as buying surged, led by Mack Truck Dupont Utah Securities and American Can. Most sectors gained with the motor group showing the strongest strength amid persistent bullish momentum.

United Press New York Mack Truck Dupont Utah Securities American Can

Pound Sterling Reaches Postwar High on London Exchange

The pound sterling climbed to its highest postwar level this afternoon, quoted at 4.8556 dollars on the London exchange, marking a strong surge in currency markets.

United Press London London Exchange

Market Buoyancy Driven by Rail and Utility Strength

Prosperity in the industry boosts stocks as Mack advances to record levels while Wabash becomes standout on Delaware and Hudson takeover hopes. Public Utilities rise on Utah Securities example. American Can and American Smelting push to new highs with Guggenheim brokers active. Radio Corporation strengthens ahead of possible Victor Talking Machine Company deal.

Mack General Motors Studebaker Maxwell ‘B White Pierce Arrow Wabash Delaware and Hudson Utah Securities Guggenheim Radio Corporation Victor Talking Machine Company Victor

Foreign Exchange Drops in New York Trading

Foreign exchange markets closed lower in New York with sterling at 4.85, up francs 5.14, Holland around 5.0, marks near 23.80, Shanghai 73 1 2 cents, Hong Kong 55, Yokohama 42 cents. Market shows broad weakness across currencies.

New ‘York Holland Shanghai Hong Kong Yokohama

Fresh Eggs and Butter Prices Across Markets

Markets report varied prices for eggs butter and poultry in Indianapolis Chicago and Cleveland. Hens roosters ducks and turkeys listed with per dozen or per pound rates. butterfat creamery butter and packing stock prices shown. potatoes and sugar also noted across multiple regions and dates.

Indianapolis Chicago Standard Roosters Wisconsin Minnesota Michigan Louisiana Louisiana Irish Cobblers Lorida Spaulding Rose Cleveland Ohio New York Alabama Maine Florida

Taps for Carmody at Ft Harrison funeral

Taps were sounded at the funeral of John Carmody, a war veteran, shot and killed by local detective James McFarland. The firing squad from Ft Harrison performed the salute in Anderson, Indiana, on May 19.

Anderson Ind Ft. Harrison John Carnody James Mcfarland Carmody

Suit to halt Anderson pool filed by property owners

Property owners in Anderson Indiana filed a suit to stop the proposed municipal swimming pool saying it will be a nuisance. A hearing was set for May 27.

Times Special

Missionaries to Meet at Andrews in May

Woman's Home Missionary Society of the Wabash district North Indiana Methodist Episcopal conference will hold its annual meeting at Andrews near Marion May 21 to 23.

Marion Ind Woman's Home Missionary Society of the

Hog and cattle market steady despite large receipts

Hog receipts reached about 9 000 with trade at 12.85 to 12.90 for top hogs as outside and local buyers stayed active. Cattle trading was slow though prices held, beef steers 8.50 to 11, light stock 10.50 to 11, heifers 9 to 11, cows 4.50 to 8.50, cutters 3.25 to 4.25, canners 2.25 to 3, calves steady at 5 to 8 and veals 6.50 to 10. Sheep and lambs smallish run with lambs 16 to 17 and yearlings 8 to 10. Receipts: hogs 9 000, cattle 1 700, calves 1 200, sheep 200.

Licago Shiirhia Marles Strai Cincinnati Tours Buffalo Pittsburgh Therke Aevyorkers Cleveland Spark Dick Ware Weise Hi

Grains Close Higher After Midday Slump

Chicago grain futures rebounded from a mid day dip with May wheat off 6 percent recovering near the start level. Bullish crop news from the Midwest and Argentine cables spurred buying as commissions and hedgers re entered. export sales of 200000 bushels supported oats while corn and oats showed mixed early action.

United Press Chicago

Grain price table fragments show May and July bids

Mixed crop futures data from Chisago grain table includes May and July bids, cash prices, and monthly reports. Values for corn, oats, rye, and lard show multiple percentages and dollar figures with several months and delivery terms.

Clearing House Elects At Indianapolis Meeting

At the annual meeting of the Indianapolis Clearing House Association the following were elected to offices: President Frank D. Stalnaker of Indiana National Bank, vice president Filmer W. Stout and Fletcher American National Bank, treasurer Arthur V. Brown of Union Trust Company, president George C. Calvert. The two executive committee members elected were Otto M. Frenzel of Merchants National Bank and vice president Elmer V. Stout.

Indianapolis Clearings House Association Frank D. Stalnaker Indiana National Bank Filmer W. Stout Fletcher American National Bank Arthur V. Brown Union Trust Company George C. Calvert Otto M. Frenzel Merchants National Bani Elmer V. Stout

Hunting chicken thief trail spans several leads

Mrs. May Wischmeyer reported seventy five chickens stolen from her Bethel Avenue coop. Police traced the suspect trail to a poultry transit and checked five locations as detectives pursued the case.

May Wischmeyer Bethel Ave

Rain shortage harms Indiana crops across the north

A United States Department of Agriculture and Purdue University report notes rain is badly needed in northern Indiana. Oats wheat hay and pastures suffer while some frost and cool dry weather stunt crops. Corn 80 percent planted with fair to good stands while southern counties see some showers easing urgency. Timoth y less advanced than clover with alfalfa being cut in the south. Farm work remains ahead as planting continues.

United States Department of Agriculture Purdue University Agricultural Experiment Station Indiana

Shepherd Case Witnesses Question Jurors In Court Drama

In a Chicago courtroom the jurors face cap on photographs and intense questioning. Stewart probes the burden of proof and the presumption of innocence as Shepherd’s fate hangs on the trial. Photographers evade restrictions, snapping shots of principal figures amid the tense proceedings.

Shepherd Chicago

Booze Under Hens Raided Farm Arrests in Columbus

Sheriff Arbuckle raided a Columbus area farm and found four quarts of alcohol hidden with setting hens. Elmer Hansen was implicated as the owner as deputies retrieved the bottles from the farm buildings.

Timea Sheoi Columbus Ind Elmer Hansen Arbuckle

Live Stock Receipts Across Markets May 19

Cattle receipts across cities show varied demand with steers and yearlings uneven yet generally steady large volume in some markets. Hog receipts rise with higher bids while calves and sheep show mixed activity and regional price ranges.

Building Survey Shows Strong Upward Trend in construction

Indications point to a strong rise in U S building activity for the coming summer, says 8 W Straus and Co The April report from 365 cities shows a 32 percent gain over April 1924 despite a weak first quarter The April surge offsets earlier losses and boosts four month totals based on permits and plans filed in major cities.

United States

Indianapolis Mayor Opposes Bus Line Threat to Streetcars

In a long message to the city, Mayor Shank urges preserving the street railway system against new bus routes. He argues fare reductions depend on protecting streetcar lines and limiting competition, and he supports preferring streetcar extensions and transfers at seven cents. The letter also warns against buses on streets already served by existing lines.

Shank People’s Company Indianapolis Indianapolis Street Railway Company United States Pany P. S

Shaw Faces Second Trial for Indiana Girl Murder

A holiday mood cloaks the Indianapolis courthouse as Shaw stands before Judge Joseph H. Williams for a change of venue retrial. Marion County Prosecutor William H. Remy seeks the death penalty with jury selection led by Homer Elliott, amid a ten day anticipated proceeding and heavy public interest.

Shaw Indianapolis Omer Hawkins Marion County Joseph H. Williams William H. Remy Homer Elliott Remy Supreme Court James A. Collins Martinsville Indiana Ave

Martinsville case to be heard with multiattorney defense

Remy plans to stay in Martinsville as prosecution proceeds with Omar O'Harrow of Morgan County and Homer Elliott leading the case. Defense will be by Kivett and three Indianapolis attorneys Joseph K. Brown W. S. Henry and C. H. Thurston.

Remy Martinsville Omar O’harrow Morgan County Homer Elliott Kivett Indianapolis Joseph K. Brown W. S. Henry C. H. Thurston

Indianapolis Leaders At Washington Session Of Commerce

A large delegation of Indianapolis businessmen attended sessions of the United States Chamber of Commerce in Washington D C this week. Reynolds McWhirter and others represented the Indianapolis Chamber of Commerce. The first prize in a national fire prevention contest will be received by Reynolds Antrim Howard Raub and board members. State delegates included Barnaby Himmelwright Raub and Leich from Greencastle Frankfort Clinton Evansville.

Indianapolis United States Chamber of Commerce Washington, D. C. Frank Fishback John B. Reynolds Felix M. McWhirter C. B. Tles Oliver R. Davis O. C. Herdrick John F. White W. P. Whittington Indianapolis Chamber of Commerce Reynolds J. Martin Antrim William H. Howard Edward B. Raub Indianapolis Board of Trade State Chamber of Commerce Charles H. Barnaby Greencastle W. G. Himmelwright Frankfort J. W. Raub Clinton Clarence Leich Evansville

Radio expert predicts photos by radio to become common

Captain Richard Howland Ranger of the Radio Corporation of America, visiting his mother in Indianapolis, said radiophoto transmission will become common. He recently participated in sending a photograph from Honolulu to New York, a distance exceeding 5,100 miles.

Richard Howland Radio Corporation of America Captain Ranger Indianapolis J. H. Ranger Buckle St Honolulu New York

Riverside Park to Open Season With Free Rides

The 1925 season at Riverside Park opens Wednesday with free rides from 1 to 3 p.m. and 6 to 8 p.m. Manager A. W. Colter announces a new Kiddy Land with a matron in charge and says children must be accompanied by parents. An all night dance is planned for May 29 prior to the Speedway race.

Riverside Park A. W. Colter

Wife Exhibits Black Eye in Divorce Suit

In Supremor Court Four, Mrs. Roxie Taylor testified her husband John F. Taylor a constable struck her Monday in front of the courthouse. She plans to file assault and battery charges as his divorce trial proceeds amid a missing defense witness and concurrent criminal court action.

Roxie Taylor North St Clinton H. Givan Fred McCallister Taylor William Stewart Richmond Ind James A. Collins Pete Snider Irving Cornett N. Dearborn St

Protest to Be Probed Over Street Connection Plan

City council will investigate a protest by property owners along Shelby Street from Washington Street to Fountain Square against the Board of Works plan to connect Shelby and Washington Streets by widening and opening Cruse Street. A committee urged Shelby Street to run straight to Southeastern Avenue or along the Pennsylvania Railroad elevation to reach Southeastern Avenue.

Shelby St Washington St Fountain Square Board of Works Shelby Washington Sts Cruse St Southeastern Ave Pennsylvania Railroad Cruse

Bonds Disapproved and Approved by State Tax Board

The State tax board disapproved a $44,800 bond for construction on Carpenter Road in Washington township Pike County. It approved a $9,000 bond for the Calvin Sheen Street in Center township Ripley County and a $47,000 bond for a school building in Jackson township Sullivan County.

State Carpenter Rd Washington Township Pike County Calvin Sheen

Also Mentioned on This Page

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