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Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Oct 06, 1925
Page
7
Overnight news held little direct bearing as stock prices moved under Monday momentum. The main body saw profit taking with industrials like U S Steel and American Can up, rails dipping fractional. Coca Cola reached a new high at 154 while Fundation toped 15214 and Frisco fell to 96.
A Indianapolis bank records Tuesday clearings with Debits totaling 5 dollars and 30 cents and bank balance indicated as BOSS 00 Debits.
A dense tally of wholesale prices for fruits and vegetables. Listings include baskets of apples, pears, cranberries, grapes, peaches, lemons, melons, and citrus alongside greens and root vegetables. Regional sources mention Michigan, California, Idaho, and Colorado origins with unit prices per crate, basket, or pound.
Wheat price for No 2 red wheat set at 1.49 dollars at Indianapolis mills with other grades pegged by merit.
Mrs. Phyllis Clark Coleman, head social worker, reported new staff additions at the Dispensary Aid meeting held Monday at Fletcher Savings and Trust. Two new workers joined pediatrics and ENT clinics, preventive care will be featured, 105 patients had personal contacts, seven long service cases opened, 34 short service cases in total, glasses provided for 11 patients, two received corrective shoes and arch supports, IU social work training student Grace Ferguson began the fall semester.
The board of safety ordered stop and go signals at New York and Illinois Streets and Alabama and Washington Streets. A center-type signal was ordered for Washington Boulevard at Thirty-Eighth Street. Police Chief Herman F. Rikhoff is to check the feasibility of placing a traffic policeman at Fountain Square.
Thomas Beals 18 Noblesville Indiana and McKinley Willis 32 of 220 W Vermont St were the only drivers arrested Monday night on speeding charges Willis also charged with three other traffic violations Mike Krest 33 of 703 N Holmes Ave slated on driving while intoxicated and Arthur Handford 42 of Winchester Indiana charged with failure to stop after an accident
A small fire at E. M. Harris colored tailor shop 231 W Twenty First prompted a second alarm. Damages pegged at 250 dollars. Smoke also damaged Maude Demare restaurant at 233 W Twenty First.
Wall Street firms push higher amid upbeat mood on earnings season. Major indices gain with tech and financials leading while trading volumes stay steady across a cautious session.
No final edition of The Times will be issued during the World Series. Market listings normally in the final edition will be published in the Pink instead.
Basil M. Manly, director of the Peoples Legislative Service, asks President Coolidge to demand the resignation of FTC members Huston Thompson and John Nugent for allowing the formation of a 400 million dollar bread trust. The merger would place 157 bakeries under General Baking Company. The Continental Baking Corporation faces formal charges under the Clayton Act for acquiring control of smaller firms.
The Taggart Baking Company of Indianapolis is named as a member of the Continental Baking Corporation charged with violation of the Clayton act by the Federal Trade Commission. The Ward Bakings Company, leading in a recent merger, runs a distributing plant here.
United Press reports United States steelmaker American Smelting Company set a $7.00 annual dividend on its common stock and declared a quarterly 1.75 dividend, boosted by fractions, with 1.75 on the preferred stock. Common payable November 2 to holders of record October 16. preferred payable December 1 to holders of record November 6.
Wholesale and retail quotations for eggs butter cheese poultry and produce across Chicago and Cleveland. Prices cover butter creamery and evaporation classes, cheese varieties including Wisconsin limburger and New York bricks, poultry including fowls ducks turkeys and roosters, and potatoes with regional price references.
In New York on October 6 the readjustment of refined sugar prices to align with raw market values is complete. Refiners show more interest with trading around 5.10 cents, though two refiners accepting that basis struggle to fill orders. The market favors buying distant options on rebounds to capture modest profits.
A dated price list details wholesale rates for native cattle and calves, including steers, heifers, cows, tongues, and various pork cuts. It lists carcass divisions, weights from 300 to 800 pounds, and per hundredweight prices with cents per pound for items like fores and hinds, sausage products, and sheep mutton portions.
Wheat rallied sharply in early trading on the Chicago Board of Trade with support from short covering and new investment buying. Liverpool futures rose about a fraction, while corn activity was light and oats climbed with the grains. Provisions slipped a few cents as traders saw limited feed demand.
Chicago wheat prices and grain receipts show No. 2 durum at 2.20 dollars with other classes listed. Corn and oats quotes accompany the report with varying grades and prices. Receipts include wheat 35, corn 133, oats 57, rye numbers noted.
Two Indianapolis students, Frankie Byrne of 5912 Central Ave and Bernice A Boner of 25 Maple St, achieved perfect averages at the University of Illinois Urbana campus last year among nearly 10,000 students, a rare distinction shared by only 76.
Lafayette Ind October 6 a Purdue announcement by President E C Elliott shows 143 more students enrolled this year lifting total to 3202 the largest in the school's history.
Hog prices eased on 7500 head with 536 Monday holdovers at the Indianapolis Livestock Exchange. Top hog prices touched 12.85, while cattle receipts near 1400 pressured prices downward with prime steers at 13.50 and most cattle 11 to 13. Heifers stagnated, cows steady, lambs and sheep steady with choice lambs 11 to 15 and calves around 13 to 13.50 in a market-wide slump.
Market receipts for cattle and sheep across several cities on October 6 show mixed demand. Chicago bids steady to weak with steer values around 11 dollars, vealers 13.50 to 14.50, and fats up to 16. Sheep and lamb prices generally steady with some higher prices for select fat natives. Cincinnati notes steady to strong calf and lamb quotes, Buffalo reports steady to firm cattle and sheep, while readings from Peterborough indicate slow, slow cattle trading with limited loads and variable calf values.
Five prisoners escaped from Winnipeg jail this morning after slugging a guard and freeing themselves. Two of the fugitives were awaiting murder trials, including John Stanton who faced charges for the John Penny killing. Stanton had been brought from Greencastle Indiana where he was identified while serving a vagrancy term as John Baker. Police say Stanton’s underworld gang helped plan the breakout.
The report shows Oct 6 market results with cattle, hogs, calves, and sheep across East St Louis East Buffalo Cleveland and Toledo. Prices vary by grade with steady to lower trends in different markets and notable receipts of thousands of head.
Administration officials Monday night submitted two transfer ordinances and two appropriation ordinances to the city council as a lull in the councilmanic rebellion persisted. One transfer would place 4000 in street cleaning salaries and wages and another 500 in sewer maintenance. Appropriations would fund 300 for special judges and refund 16 to Thomas Cogar for license overpayment.
Fire prevention will be stressed at a Friday evening meeting at Broad Ripple engine house No 32. Fire Chief John J. O'Brien and Mayor Shank will speak. An exhibition boxing match is planned.
William Mueller twenty from 1422 Kennington Street was shot in the right leg above the knee by Motor policeman Dillane as he allegedly tried to flee the L C Schoenemann Meat Market burglary at 1409 South Meridian Street. Neal Clark of 1465 South Meridian alerted police. Mueller leaped from a window as Patrolman Wachstetter and the front and rear guards engaged. Police report other thefts include Alexander King at 3545 West Washington Street, shotgun and shirts worth 83 dollars. John Price, colored, 1535 Mill Street, 49 dollars. Edward Massmer, 1025 Madison Avenue, jewelry, clothing worth 175 and 75 dollars in cash. Preston White, colored, 1533 Mill Street, charged with vagrancy and held for the Price robbery investigation.
The Pennsylvania Street Merchants Association plans an old time parade of horse drawn vehicles on October 28. A horse shoe tossing contest will crown Marion County champions with prizes and trophies. After the contests merchants will decorate stores and cider and apples will be distributed at a public dance on Pennsylvania Street between Washington and Ohio Streets.
The Internal Revenue Bureau division for Indiana Illinois and Missouri reported 736 delinquents in the past month. They were required to pay 24001 dollars in delinquent federal taxes with 2262 dollars in additional assessments.
Harrisburg five Pennsylvania National Guard units were ordered out today by Adjutant General Beary to aid in the search for Charles H. Ames, a missing mail flier who disappeared during a flight over central Pennsylvania.
Russell J. Ryan announces more than fifty speakers for Walter Myers Democratic mayoral bid. Campaign will hold many small neighborhood meetings. John L. Duvall plans a keynote address tonight in Broad Ripple near College Avenue.
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