Bears Rally as Morgan Loan Sparks Market Strength
New York brokers reported rising prices across leading issues after Morgan Interests announced confidence to proceed with a 25 million Austrian reconstruction loan. Steel Studebaker California Pete and rails led gains with broad improving tone through noon and afternoon trading.
MENTIONED IN THIS ARTICLE
New York
Morgan
Studebaker
California
California Pete
New York Central
Bears
Sinclair
Marland
Jordan
Local Bank Clearings and Foreign Exchange Rates May 24
Indianapolis bank clearings Thursday totaled 82 995 000 with bank debits at 5 323 000. Foreign exchange by date shows UK Sterling and other currencies with marginal demand and varied dollar equivalents including Francs 5.71, Marks 54.950 per dollar, Pesetas 1522, Kroner and Lire rates, and Swedish and Danish quotes.
MENTIONED IN THIS ARTICLE
Indianapolis
Financial UK
Sweden
Norway
Denmark
Penna Coal and Coke reports 1923 four-month income
Net income for the first four months of 1923 reached 469 612 dollars before taxes, equating to 2.718 dollars per share on 172 606 shares. The report notes the earnings translate to just above 16 percent annual rate.
MENTIONED IN THIS ARTICLE
New York
Penna Coal and Coke Corporation
wNet
Jewel Tea Company
Girls receive American flag pledge at Legion Armory
Crawfordsville event saw American flags presented to local Girl Scouts as Woman's Relief Corps members attended the ceremony at the American Legion Armory.
MENTIONED IN THIS ARTICLE
Crawfordsville
American Legion Armory
Woman's Reef Corps
Grain prices rise on Board of Trade amid scattered crop news
Chicago May 24 Grain prices advanced on the Board of Trade with nervous trading in Wheat and mixed crop news. Southwest reports clear weather after heavy rains while Corn rallies reflect seed rotting in Indiana Illinois Iowa and Ohio Valley. Oats follow the trend as provisions weaken after midday rally.
MENTIONED IN THIS ARTICLE
United Financial
Chicago
Board of Trade
Southwest
Indiana
Illinois
Iowa
Ohio Valley
Chicago Grain Table May 4 Wheat Prices and Declared Receipts
Chicago market table shows May 4 wheat rates and late quotes with open high low close. Receipts for May 24 include wheat 60500, corn 311000, oats 390000 against prior totals with futures values for No 2 red wheat about 1.20 and corn around 83 cents.
MENTIONED IN THIS ARTICLE
Chicago
Grain Briefs From Chicago May 24 Texas hay baling and crop concerns
Texas farmers bale wheat for hay as cool weather slows germination of corn seed in Ohio and much of the acreage may need replanting. Germany buys gulf wheat at about six cents above July price. Corn needs warmth to grow. Kansas Oklahoma winter wheat crops down about 20 percent in 30 days. western Oklahoma hurt by cloudbursts.
MENTIONED IN THIS ARTICLE
Chicago
Texas
Tiioia
Germany
Kansas
Oklahoma
Markets Report Indianapolis and Chicago May 24
Markets across Indianapolis Chicago Cleveland and New York list fresh eggs butter poultry and dairy prices. Egg and butter rates vary by product with creameries paying 40c a lb for butter fat in Indianapolis. Chicago reports creamery extras at 38½c and firsts at 36½c. Poultry and potatoes show mixed prices and regional shifts.
MENTIONED IN THIS ARTICLE
Indianapolis
Chicago
Michigan
New
Florida Spaldings
Cleveland
Ohio
New York
Gradual Gains Boost Stock Averages Along Market Day
United Financial reports gradual gains throughout the day lifting curb prices and ending with 2 point margins over Wednesday. Industrials led with Durant at 55 while oils posted notable climbs for Stanford New York at 38% and Vacuum near 46. Independents also advanced consistently.
MENTIONED IN THIS ARTICLE
United Financial New York
Motors
Durant
Stanford of
New York
Raw Sugar Market Report Sees Higher Open in New York
Cuban raw sugar sells for June shipment at 14d 5 1/2 pence cwt. An operator buys 1000 tons at this level. Raw futures open higher with July at 6.35 6.43 and September at 6 3/4. December 5.89 5.000, March 4.72 4.74.
MENTIONED IN THIS ARTICLE
United Financial New York
Marsh
Marriage Licenses Listed for Local Residents
Henry Appell aged 40 of 1436 W Twenty Seventh and Ethel Potter aged 29 of 709 Massachusetts appear on the marriage license list. Joe Grimstey 23 of 417 Stevens Place weds Lola Cobb 19 of 219 8 Enat. J. F. Sterling 56 of 103 E Ohio weds Lydia Voris 44 of 849 W New York. C. W. Callahan 22 of 249 N Haugh weds Margaret Hinds 19 of 12 N Holmes. Denton Deapain II 2 N Blackford and Nora Lasstett 35 of 289 Meredith appear on the same record.
MENTIONED IN THIS ARTICLE
Henry Appell
Ethel Potter
Masesachusetts
Joe Grimstey
Stevens
Lola Cobb
Enat
J. F. Sterling
Ohio
Lydia Voris
New York
C. W. Callahan
N. Haugh
Margaret Hinds
N. Holmes
Denton Deapain
N. Blackford
Nora Lasstett
Meredith
Birth announcements list numerous area families
Birth notices record dozens of couples and addresses such as John and Martha Blankenship 735 Lynn Mayer and Minnie Jacob Methodist Hospital Charles and Margaret Ford Long Hoapt Elsworth and Anna McCune 870 W Twenty Ninth John and Argustina Wallace city hospital Carl and Elsie Critters city hospital Arthur and Gladys Crews 403 8 S Rural eine and May Bruning 417 W Thirty Ninth etc plus many more.
MENTIONED IN THIS ARTICLE
John
Martha Blankenship
Lynn
Mayer and
Minnie Jacob
Methodist Hospital
Charles and
Margaret Ford
Long Hoapt
Elsworth
Anna McCune
Argustina Wallace
City Hospital
Carl and
Elsie Critters
Arthur
Gladys Crews
S. Ruraleine
May Bruning
Hammer
Sadie Thompson
Tacoma
Elmer and Ethel
Espene
Funice Sharp
Harry
Ada Westerfield
Fleury
Harriett Johnson
Methodist Hornital
Esorge
Julia Bakeman
N. Blacker Frank
Mary Bord
Oliver
George
Gladys Caldwell
S. Eaat
Wallace and
Mary Royal
Henderson and
Mary Bell
Angelo and
Dilletto Faccone
City Hospi
Hog Prices Rebound Sharply At Local Livestock Exchange
Hog prices rose 20 to 25 cents as receipts declined and shipping orders rose. Top price reached 7.90 while most hogs sold at 7.85. 6,500 hogs received with 960 layovers. Sows slipped from 6 while a carload of pigs averaged 5.50. Cattle opened strong for steers, weaker for stock. calves steady to down. Sheep and lambs held steady with spring lambs at 16 and ewes at 7. Receipts 900 cattle, 150 sheep and lambs.
MENTIONED IN THIS ARTICLE
Livestock Exchange
Kansas City
Nebraska
Exaa
East Buffalo
Pittsburgh
Cleveland
East ST. Louis
Cincinnati
Livestock Receipts Mixed Across Major Markets May 24
Across Chicago to Cincinnati the day brings varied cattle hog and sheep receipts. Prices show strength for prime beef steers and vealers while some classes soften.hog markets trend mixed with steady to higher bids in some regions. Sheep and lambs mostly hold or ease slightly as markets digest supply.
Dividends Declared by Major Firms in New York
Dividends announced include Kresge Company 2 percent on common and 1 percent on preferred payable July 2 to stock of record June 15 Morris & Essex semi annual dividend payable July 2 to stock of record July 7 Great Western Sugar 1 dollar on common and 1.75 dollars on preferred payable July 2 to stock of record June 15.
MENTIONED IN THIS ARTICLE
New York
Kresge Company
Morris & Essex
Great Western Sucar
Prisoners donate to Riley Hospital fund drive
Inmates at the Indiana Reformatory contributed 174.41 to the Riley Memorial Hospital building fund as part of a regional campaign across ten southern Indiana counties. Local and corporate donors include the Ku Klux Klan branch in Jeffersonville, Circle Theater Company, L 8 Ayres workers, and many individuals and school groups, boosting the total pledged gifts to the project.
MENTIONED IN THIS ARTICLE
Indiana Reformatory
Riley Memorial Hospital
Indiana
Ku Klux Klan
Jeffersonville
New
Indianapolis
Leo M. Rappaport
The
Circle Theater Company
Morris Street Christian Church
Edwin Ray M. EB. Church
L. 8. Ayres
Agnes K. Dorsey
L. Gardner
James Moss
Brandt C. Downey
Riley Hospital
Indianapolis Federation of Parent Teacher Associations
Baldwin Faces Major Problems in New British Cabinet
London May 24 Premier Stanley Baldwin seeks a chancellor of the Exchequer as he forms his first cabinet. Sir Robert Horne, former chancellor, conferred with Baldwin amid reports he may join the new ministry. Lord Curzon will remain foreign secretary and a cabinet meeting will address Russia’s reply to Britain’s ten day ultimatum.
MENTIONED IN THIS ARTICLE
United Preas London
Stanley Baldwin
Lloyd George
Baldwin
Robert
Lord Curzon
Dressed Beef Prices at Swift & Co Wholesale
Wholesale prices for dressed beef from Swift and Co. are listed, including ribs No. 2 and No. 8 at 82 guine or 14 guine, rounds No. 3 at 16 cents, and plates No. 2 at 70 cents, with various No. 2 and No. 3 classifications.
MENTIONED IN THIS ARTICLE
Swift & Co
Ucks
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