Shade of Rudolph Steals Forth
A brief report notes Shade of Rudolph making a strong move ahead of a dinner where Lindbergh spoke to reporters.
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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
May 25, 1927
Page
5
A brief report notes Shade of Rudolph making a strong move ahead of a dinner where Lindbergh spoke to reporters.
Lindbergh inspires Paris with two charitable acts donating 500 dollars to the American hospital and sending support to the Coli Nungesser rescue effort. He visits Le Bourget aviators including war aces and greets officials such as Peruvian aviation chief Leguia.
Brokers warned clients to wary amidst high levels yet early trading pushed stocks higher led by Baldwin and United States Steel. Silk, sugar and merger rails rose while readings showed mixed starts. United States Steel gained to 172 5, General Electric rose on dividend boost to 4 plus 1, Readings and Mack Truck saw pressure as illness news weighed on sentiment.
Indianapolis banks and exchange reports show May balances totaling S56,000,000 and foreign exchange activity in New York with irregular rates. Demand sterling quotes at 44.001-32, francs 3.9 lira 5.44 percent, Belgian francs 89 marks 23.68 cents, with small upward or negligible changes.
Wholesale markets report best grade butter creamery 40 44 cents per pound. Eggs at Chicago and New York markets show firsts 20 cents, extras up to 24 26 cents. Poultry prices list fowls 22 27 cents, spring ducks 30 cents, geese and turkeys varied. Potatoes quoted by region with round whites $2.75 to $2.85 per 50 pounds, russets $4.60 to $5 per 50 pounds. sweet potatoes around $1.25 per pound.
New York May 25 The Pere Marquette Railway board approved a 20 percent stock dividend on common stock pending approval by the Interstate Commerce Commission.
The Cotton Market notes increasing chance of western Texas rainfall influencing prices. Traders expect no major advance for a day or two, awaiting further weather updates. Market activity leans toward accumulation on declines as conditions unfold.
The board of trustees invites sealed proposals due Friday May 27 at 10 a.m. for supplies for the month of June. The books will be on file at the hospital and official offices.
Prices at the Indianapolis stockyards declined unevenly with hogs 10 to 20 cents lower. Early top 9.55, receipts about 9,500. cattle offerings 1,500 with beef steers 9.50 to 11.75, cows 6.75 to 9, calves 11 to 12, pigs 9.25, sows 8.8 to 8.5, and sheep lambs steady with spring lambs at 16 and bulk lambs 12.5 to 16. Top fat lambs 16, cull lambs 8 to 10.
Market reports from Louisville Cincinnati Pittsburgh Cleveland Toledo Buffalo and Chicago show hog receipts steady to lower, cattle and calves mostly steady, sheep and lambs mixed with top fat lambs around 15.50 to 14.75 and beef steers trading near 12 to 13.50 in spots. Major centers list varied weights with price ranges for hogs 8.75 to 10.50, cattle 6.50 to 13.75, and vealers 10.50 to 13.50.
President James A. Farrell of United States Steel opened the fourteenth National Trade Council in Detroit with 2,500 delegates from over twenty nations and forty-two states. Charles Beecher Warren assumed chair as Hoover sent word he would not attend. Eugene N. Fess stood in. Julius H. Barnes spoke on private industry and government competition while Governor Fred W. Green stressed foreign trade importance to Michigan. James S. Alexander discussed foreign investments and trade before the break.
Center Township Assessor Frank D. Brattain announced a lag in dog tax payments with about 9 500 dogs in the area. Only 9 200 dogs are listed as taxed, while last year 9 386 were paid totaling 11 121 dollars. The tax is one dollar for male dogs and two dollars for each additional dog and female dogs.
Funeral services for John Heyden aged 54 of 223 W Wisconsin St Big Four flagman at the Harding St crossing who died after being struck Monday night by an automobile driven by John Hubble 24 of 922 S West St will be held Friday at 2 Pm at St Pauls Lutheran Church. Burial will be in Concordia cemetery south of Indianapolis. Heyden had served as railroad watchman a little over a year. Hubble is held at city prison without bond on charges of involuntary manslaughter.
Local wagon wheat elevators announce price at $1.35 for No 2 wheat. Other grades are bought on their merits, with local dealers noting varied pricing based on quality.
A compiled price list shows multiple produce items with regional origins and unit costs. Items include apples from Ben Davis and California boxes, bananas, melons, citrus, berries, asparagus, beets, cabbage, celery, onions, peppers, potatoes, and specialty fruits. Prices are given per crate, box, basket, or dozen in various currencies and quantities.
Chicago May 25 One of the most sensational trading episodes in years opened with wheat deliveries soaring to new highs as May wheat at Winnipeg jumped 135% cents. Prices surged 3% in minutes then fell back 1 to 1 1 2 cents from the prior close. Foreign buyers hesitated and export business was absent as receipts totaled fifteen cars. Oats and other grains followed with new highs then eased while the cash market in wheat steadied after a late day drop. Provisions declined.
The Chicago grain table shows May Wheat prices with highs and lows, May 1 values, and near-term allocations for May and July contracts. Rye prices also listed with 1.17 to 1.20 ranges and nearby contract references, plus receipts and shipments figures for wheat corn oats and rye.
Peggy Porter Martin, daughter of O Henry, left her husband A J Sartin everything in a probate filing in Los Angeles. The couple had married three days before her death after two years in a home Sartin built in Banning California. The will notes her love and devotion to Sartin and provides no public estate value.
John and Martin Caudle won a Circuit Court injunction in Times Special from Pt. Wayne restraining the State Department of Conservation from plowing under their oats fields. Officials and deputies arrived to plow stubble oats in violation of corn borers rules, the Caudles calling the action unconstitutional.
In a special session the Indianapolis school board delayed eliminating features of the new Shortridge High School heating and ventilating system. The delay follows a $230,000 grant for the project, prompting reconsideration of what to remove.
Wheeler Brass Works kicks off voter drive on Thursday as talks target industrial workers ahead of the June 21 city manager election. Speakers bureau head Blythe Q Hendricks to organize meetings while district volunteers push education in wards and precincts amid ward boundary shifts in Wayne Township.
Lindbergh remains the center of fascination in Paris with plans to fly to Brussels and London. He inspects patched fuel holes, expects to see King Albert, and notes the Wright Whirlwind motor has 150 hours left. Delegations and dinners underscore a grand welcome across Europe.
Strikers boosted by a three cent raise while importation of replacement carmen undermined the walkout. Arrests of James Parker and Robert Armstrong for violating a federal injunction weakened union backing. Some workers returned to service without seniority rights, and arbitration under 1914 contract remains in effect.
An open letter recounts Attorney General Gilliam and his wife urging the Governor to amend the strict state dry law after four sons endured typhoid and near death. Whisky saved Luther and Arthur during illness, spurring a moral clash as the mother defends medicinal liquor against prohibition.
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