Tax Bill Adoption Spurs Early Trade Outlook in Stocks
The tax bill's decisive House passage boosts market optimism with emphasis on rails and major issues. U S Steel Republic I and 8 Nor fork & Western gain, while leaders such as Baldwin and American Can show slight declines. Superior Oil hits a yearly high on new Oklahoma production.
MENTIONED IN THIS ARTICLE
United Press
New York
Mellon
Rails
Norfolk & Western
U. S. Steel
Republic I
Gnidia
Studebaker
Northern Pacific
U. S
American Cin
International
General Motors
Baldwin
American Can
Superior Oil
Petroleum Group
Oklahoma
Grains at finish unevenly lower in Chicago and St Louis
Chicago and St Louis grain reports show uneven finishes with mixed prices across wheat corn and oats. Chicago quotes No 2 red wheat around 1.05 dollars and corn ranges with No 3 at about 76 to 79 cents. oats No 3 white about 47 to 48 cents, while rye and timothy and clover also listed with small price points.
MENTIONED IN THIS ARTICLE
Chicago
Fresh eggs and poultry prices from Indianapolis and Chicago markets
Markets report teems with fresh eggs at 22¢ and fowls up to 23¢ in Indianapolis. Chicago shows butter at 37% to 35th, eggs at 46,478 receipts, and poultry prices including fowls 24 to 44¢ and turkeys around 20¢.
MENTIONED IN THIS ARTICLE
Chicago
Idec
Roosters
Wisconsin
Alabama
Louisie
Livestock Market Slumps With Weak Demand At Local Yards
About 12 000 hogs offered as prices dropped 10 to 15 cents and heavyweights hit 7 50 to 7 60. Mixed lots sold 7 45 to 7 56, choice pens 7 60, pigs steady 5 to 7 37, sows 6 50 to 6 90. Cattle steady to weak with steers 8 to 11 25, cows 8 to 10, calves 9 50 to 10 25. Sheep around 6 50 top, lamb 15. Receipts hogs 42 000 cattle 1 200 calves 1 200 sheep 300.
Indiana fruit crop is normal despite weather
A Indiana report by George C. Bryant and Frank N. Wallace notes overall fruit and vegetable production near normal after freezes frosts and rain. Winter chill damaged raspberry blackberry currant and gooseberry crops though strawberries look strong. Peaches mostly late with river areas showing abundance but elsewhere crops weaker. Planting delays and cantaloupe weather caused some third plantings while Tiptop melon output could rise.
MENTIONED IN THIS ARTICLE
Indiana
George C. Bryant
Frank N. Wallace
Ohio River
Bryant and
Wallace
Tiptop Mellon
Marmon Plans Big Expansion and New President
Walter C. Marmon announces expansion at Nordyke Marmon Co Indianapolis with G M Williams named president. Williams, ex Dayton Wright plant manager for General Motors, brings strong finances and manufacturing experience as the company aims to increase activity after its best sales period.
MENTIONED IN THIS ARTICLE
Walter C. Marmon
G. M. Williams
Wire Wheel Corporation
Nordyke & Marmon Co
Indianapolis
Williams
Dayton-Wright
General Motors
Bank clearings hold high at leading U S cities
Despite further price declines and evidence of restricted demand for various commodities, bank clearings held at a high level, aggregating 7 481 659 000 dollars at leading cities of the United States last week.
MENTIONED IN THIS ARTICLE
United States
Livestock prices across multiple markets May 27 report
Cattle receipts about 9 000 with fed steers strong and yearlings slow. Nebraska long fed top at 11.15. Hog receipts 32 000 with steady to 10 cent off. sows and packing hogs varied by weight. Sheep and lambs receipts 700 with early fat lambs steady to 50 cent up. prices listed for Navajo and spring lambs. Regional markets in Cincinnati Cleveland East St. Louis East Buffalo Pittsburgh and more show mixed steady to slow demand and assorted price ranges.
MENTIONED IN THIS ARTICLE
Chicago
Nebraska
Cincinnati
East ST. Louis
East Buffalo
Cleveland
Pittsburgh
Tank Wagon Prices Column Aids Consumers
Gasoline prices per gallon listed as Energee 22, Purol 18.2, Red Crown 18.2, Diamond Gas 18.2, Crystal Pep 21, Target 18.2, Sulver Flash 28, Standolind aviation 23. Kerosene Crystaline 12.7, Moore Light 15.5, Arclite 12.%, Per fection 12.7, Solvent 35. Naptha Lion Power Cleaners 22.6, V. M. and P. 22.5, Standolind Cleaners 23.5. 7
MENTIONED IN THIS ARTICLE
Energee
Target
Moore Light
Naptha—Lion Power
Bank Clearings and Debits in Indianapolis Tuesday
Indianapolis banking data shows Tuesday clearings totaling 3,199,000 dollars while debits reached 5,707,000 dollars indicating active day for local financial transactions.
MENTIONED IN THIS ARTICLE
Indianapolis
Alumni Psi Phi Association Files Articles of Incorporation
Psi Phi Alumni Association of Delta Kappa Epsilon files articles of incorporation with the Secretary of State. Incorporators include Charles F. Coffin Judge T. J. Moll and Felix M. Mc Whirter.
MENTIONED IN THIS ARTICLE
Psi Phi
Delta Kappa Epsilon
Charles F. Coffin
T. J. Moll
Felix M. McWhirter
Business as Others See It in Presidential Year
National Bank of Commerce bulletin argues business will be guided by facts, not sentiment. It contends today’s conditions are not pessimistic, though building activity lags. The Engineering News Record notes price quotes show few basic materials actually decline and that demand will revive as stocks deplete.
MENTIONED IN THIS ARTICLE
Thomson & McKinnon
New York
Congress
Washington
National Bank of Commerce
Engineering News Record
Anderson Rules Search Warrant Not Necessary
Thirteen men and one woman were sentenced to six years seven months in federal prison and Marion County jail by Judge A B Anderson for violating the federal prohibition act. Robert Reed ruled an officer may enter premises without a warrant if knowledge of a violation exists, even by sense of smell, with potential name corrections if wrong occupant listed. Sentences ranged from one day to eighteen months for defendants from Lafayette New Richmond Indianapolis and St Louis.
MENTIONED IN THIS ARTICLE
Leavenworth
Kan
Marion County
A. B. Anderson
Robert Reed
Anderson
Tippecanoe
Montgomery Counties
Williamm 3
Harry Baugh
Lafayette
Ben Shoemaker
Jesse Shoemaker
William Napier
Thomas Allen
New Richmond
Charles Wint Miller
Webb Wallace
Andy
Marriage Licenses Listed For Texan City Residents
Marriage license notices show individuals including Joe J. Morsan and xY Juilas of Texan, plus Carrie F. Weat 29 and Clarence P. Martin 24 in Lincoln Hotel records. Names span Naomi G. Norris 18 violin teacher, Elia M. Wayland 45, and others with occupations from salesman to iron worker and laundress.
MENTIONED IN THIS ARTICLE
K. Leonard Connoer
E. Market
Marieta Lawrence
Cook
Cecil Elliott
Oxford
Ind
Mabel Young
E. Washington
Oscar W. Smither
Lanersdale
Ethel Clark
Paul Dunkerson
Hovey
Lavenia Webb
Eastern
Births and Deaths in Local Hospitals Listed
A longa list records births at Deaconess and Methodist Hospitals with pairs of parents and infant sex, followed by a late notice of multiple deaths with age, residence, and cause at city hospitals and addresses. Notables include Charles W. Long 36 peritonitis and Mabel E. Rose 30 general carcinoma among others.
MENTIONED IN THIS ARTICLE
Charles W. Long
City Hospital
George Dooley Thornburgh
E. Pratt
Ola Jane Fox
Eugene
Mabel E. Rose
N. Bosart
Harry L. Tutewiler
College
Anna Eloise House
Amanda Walker
Northwestern
Joe Berry Ford
Walnut
George Henry Duchemin
Alonzo L. Glover
Sanders
Mary Tobin
Frank William Prater
Deloss
Charles H. Campbell
Deaconess Hospital
Alabama
Two Die and Three Hurt in Crash Near Franklin Indiana
Two Indianapolis men died and three others were seriously injured when an Interurban car struck a southbound auto at Lochlie Crossing near Franklin Indiana.The dead are Clarence Wilson 33 and James Carr 42. The injured are Martin Mulhern 38 Thomas Cahill 27 and Albert Russell 28. A bottle with liquor was found at the scene and a coroner's inquest opened. The interurban was bound for Indianapolis after leaving Franklin at 11 45 p m. Wilson to be buried at home Carr services at his sister’s home.
MENTIONED IN THIS ARTICLE
Indianapolis
Interstate Traction Company
Lochlie Crossing
Franklin
Ind
Clarence Wilson
W. Court St
Willam M. Perry
Johnson County
St. Vincent Hospital
Martin Mulhern
Wilson
Carr
Anna Hahn
Pilots Exhibit Speedway Stuff At Record Pace
Drivers and officials hailed unprecedented speed as nineteen cars qualified for the upcoming eighty mile race amid favorable car condition and strong entries. Joe Murphy and Joe Murphy’s green Duesenberg led pace with 104 mph, while Bennie Hill and Ora Haibe posted top speeds around 104 and 93 mph respectively, Mourre turning in steady performance just under 100 mph as preparations continue for Friday’s start.
MENTIONED IN THIS ARTICLE
Miller
Ford
Bennie Hill
Pepper Picking Gets Pep From Santa Ana Daughters
Orange County farm girls turned praiseworthy pep into a novel assist for peppers. The Maud Mullers of Santa Ana visited 6,000 acres starting a million dollar crop, easing the ranchers’ tedium with a cheerful parade of style.
MENTIONED IN THIS ARTICLE
NEA
Janta Ana
Cal
Orange County
Santa Ana
Tornadoes Kill Dozens in Mississippi and Alabama
Severe storms and tornadoes swept through Mississippi and Alabama. Four killed near Greenville Mississippi and ten homes demolished near Crston Alabama. The Alabama death toll includes William Robbins family and Vera Abbott among others. several injured and floods inundated railroad tracks.
MENTIONED IN THIS ARTICLE
Y. & M. V. Railroad
Greenville
Miss
Phillip
Charleston
Building at Marion County poor farm faulted as unsafe
The Marion County board of charities protests a new men’s building at the poor farm calling it impractical and humane concerns. Inspectors report walls out of plumb floors in bad condition and water pipes broken by sagging ceilings. County Engineer John J. Griffith warns of possible collapse as patients remain in the rooms. Councilman James F. Edwards says he would not sleep under the sagging concrete floors.
MENTIONED IN THIS ARTICLE
Harry Dunn
Orr
Marion County Board of Charities and Corrections
Poor Farm
Indianapolis Times
Board of Charities
John J. Griffith
Julietta
James F. Edwards
Eight Die Near Meridian in Storm Damage
Eight people killed in a Meridian area storm. Nellie Anderson died near Meridian and seven others lost their lives at Brewer, twenty six miles south. Fatalities at Brewer include Mr and Mrs John Broadway and two sons, Mrs Buck Broadway and her daughter, and Nettie Ellson Davis. Property damage will run into thousands of dollars.
MENTIONED IN THIS ARTICLE
United Press Meridian
Miss
Nellie Anderson
Meridian
Wmair
Brewer
John Broadway
Buck Broadway
Nettie Ellson Davis
Poster Scandal Hits Cable Tabernacle Poster
Protest by Cable executive committee and choir members delayed removal of a poster advertising a Biblical film at Cable Tabernacle. Officials said a partially nude image did not cover a portrait of Mrs. Etta Cadle of Fredericksburg Indiana. The image was removed and sent to Cadle.
MENTIONED IN THIS ARTICLE
Cable Tabernacle
Executive Committee
Cable Choir
Caleb Mills
The
Tabernacle
Etta Cadle
Fredericksburg
Ind
E. Howard Cadle
Cadle
Indiana Bell faces higher state tax board assessment
Officials cited by Thomas R. Keyes say no action has been taken on the second increase in the company's valuation by the State tax board. They await President Curtis H. Rottger's return as the federal court decision boosted the valuation from 24,172,522 to 29,399,866.
MENTIONED IN THIS ARTICLE
Indiana Bell Telephone Company
State Tax Board
Thomas R. Keyes
Curtis H. Rottger
Jury Picked for Trial of Alleged Slayer in Indiana
Shelbyville May 27 after thirty six men were examined a jury was selected for the trial of Charles E. Henry of Indianapolis charged with fatally shooting Motor Policeman Louden in 1923. The state will use a confession and inquires into police pursuit as key evidence. two Klansmen were excused. Henry is represented by Wray Sullivan and W S Henry and W E Henderson with local and city prosecutors assisting.
MENTIONED IN THIS ARTICLE
Times
Shelbyville
Ind
Charles E. Henry
Inianapolis
Louden
Indianapolis
William H. Remy
Marion County
Henry
Remy
Wray and Sullivan
W. S. Henry
W. E. Henderson
Arthur L. McLane
Shelby County
Claude R. Henry
Fare receipts underestimate revenue for street railway
Indianapolis Street Railway reports the T-cent fare averages about $600 daily. Treasurer McGowan notes first day receipts exceeded 1922, then fell short as factory layoffs reduce riders. Officials had expected $500,000 yearly extra from the higher fare, but current trends imply about $219,000.
MENTIONED IN THIS ARTICLE
Indianapolis Street Railway
Joseph A. McGowan
McGowan
Dillon Ordered to Begin Six Month Sentence
Jacob Razaler bondsman reports Judge Collins ordered Tommy Dillon twelve ward Republican leader to begin a six month sentence at the Indiana State Farm at 9 a m Saturday. Dillon’s rehearing appeal from Criminal Court on the sentence and $500 fine for keeping a gambling house was overruled in the Supreme Court. He was found guilty December 2, 1922 and is held on 310 600 bond.
MENTIONED IN THIS ARTICLE
Jacob Razaler
James A. Collins
Criminal
Tommy Dillon
Twelfth Ward
Dillon
Indiana
Supreme Court
Wife sobs love for slain mate tied to trial
Connersville Indiana May 27 Mrs Elda Gibbs Simmermyer pleaded innocence ahead of her June 3 murder trial saying she could not have killed her husband because she loved him too much. She testified the fatal May 14 shot occurred during a struggle over a shotgun as he threatened to kill her.
MENTIONED IN THIS ARTICLE
United Press
Connersville
Ind
Elda Gibbs Simmermyer
Braves? Cardinals? Rickey’s wisdom links to HR leader
The piece notes Branch Rickey's reputation as wise and recalls Jacques Fournier being released by the Cardinals last year. Fournier, now with Brooklyn, leads the National League in home runs.
MENTIONED IN THIS ARTICLE
Branch Rickey
St. Louis Cardinals
Jacques Fournier
Jacques
Brooklyn
AT&T Declares Quarterly Dividend of 2 25 Per Share
The regularly quarterly dividend of Two Dollars and Twenty-Five Cents per share will be paid on Tuesday July 15 1924 to stockholders of record at the close of business on Friday June 20 1924. BLA SMITH Trosiee
Also Mentioned on This Page
Daily Stock Letter
ST. Louis
Ieeateanbek
Aouer Sa
Ile
Midwest
Rio
C. Santos
Ucks
Long Island
Pacific Coasts
Close
Atchison
B&o
Cri&p
Wee
del & Hud
LehighVal
N Y_ Cent
Nor Pac
N & West
Pere Mar
So Railway
So Pacific
St Paul
St L & SW
Ase
Union Pac
Steels
Bethlehem
Colo, Fuel Bay
Crucible Las
Gulf States
Steel
Motors
Gen. Motor
Max. M. A
Stew. War
Kennecot
Cosden
Oiau
Pan-A
Pac Pan-A P
Ai Ty Sinclair
Texas Co
al. Oe
Yel. M
Cai
Antonben
Davison Ch
Inter
Pay Mont & V
Nat Enamel
Sears-Roe
USCIP
Bownes
T&t
Columbia G. i
Tees Tau Nt
Marmion
Anderson Rules
William and Mildred Smith
Martin and
Maury Dragen
N. Warman
P. Pichard
Bidelia Bardy
Carlisle
Sot
Margaret Dickey
Catherine Louigan
N. Richany Roy
Salvarda
Fe Ee
Emma Williams
Hueyfla
Ves
Leona Holt
Jesse and
Maude McDermott
Floyd
Leone Money
St. Peter
Forest
Effie Laing
Sangster
Otto
Hazel
Hoyt
Mark
Elizabeth Crank
Raymond
Margarette Bach
Hoefgen
Verne
Mary Lerach
University
Faeiaia
Cleo Flilott
Madeira
Joseph and
Laura Beatty
Hospital
Lesiie
Deloria Isaaca
Blake
Henry and
Esther Davis
Poley and
Margaret Webb
City
Raleigh
Lucy Lewis
Massachusetts
Charles and
Cecelia Catellier
Methodist
Charles
Dorothy Crenshaw
Roache
George and
Bertha Miller
Methodist Hospital
Robert and
Margaret Winslow
Harry and Gees
Garfield
Wins Howard
Clara Day
Boys
Gar
Auto Grash
Murphy
Milton
Boyer
Duesenberg
Joe
Fred Duesenberg
Benny Hill
Miller Pilot
Hunt
Barber-Warnock
Amalgamated
Association of Flivver
Ora Haibe
Mercedes
Antoinne Mourre
Velma Watkins and
Lucille Williams
Miss Watkins
Miss Williams
Laurel
Union Creek
Jones County
Birmingham
Ala
Creseton
Here
William Robbins
John Hayes
Vera Abbott
Charles Abbott
Vera McNeil
Ing
Telephone Company
Klan
Mr. Rickey
American Telephone & Telegraph
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