Indianapolis Times, Volume 36, Number 299, Indianapolis, Marion County, 28 April 1925 — Page 11
TUESDAY, APRIL 28, 1925
PORK PRICES CONTINUE TO BE LOWER
Further Slump Ranging | From sto 15 Cents in Market. Hoc Prices Day by Day April, Bulk. Top. Receipts. 21. 12.40 @12.50 12.50 7,711 §2. 12.40 12.60 7,470 23. 12.30® 12.35 12.40 4.400 24. 12.15 @ 12.26 12.35 6.218 25. 12.10 @12.25 12.26 4.200 27. 1 2.05 @ 12.15 12.15 5.370 28. 12.90® 12.00 12.10 9.000 A further slump ranging from 5c to 15c brought porkers down below their previous close for Monday. Medium and light hogs were still in demand by the buyers and were still bringing the top price. Light hogs ranged from $11.75@12, with the top at $12.10, while medium porkers were quoted at a range of $11.90@12. There was an active demand in the market by both packers and order men, considering the heavy run of receipts that were present. Inline thousand hogs were offered for sale. Most of the business was transacted at $11.90@12. Price of pigs were lower. The majority of sales ranged from $9.50@ 11.76 for all weights. Smooth packing sows held steady from Monday’s close, but roughs experienced a drop of about 25c in some cases and ranged from $9.75 to $10.26. Choice packing sows were in fair demand, but the coarse stock was not receiving much attention. Prices have been on the downIward trend in the hog market for Ihe last week .and right now are nigher than in April, 1924. The average price in 1924 for April wan $7.85 per hundredweight. This represents the top price paid during that month. Cattle prices stubbornly refused to move either way on a heavy run of receipts today that were estimated at 1.600. Steers were quoted at slow and hard to move while the demand for female killing stock was only fair, although prices in the devision 1 .eld relatively steady. Price of choice stock continued to sell at a range of $9.50 to sll. Choice and prime heavy beef steers weighing from 1,300 pounds up sold at sto to sll even while the good stock of the same weight brought $0.500' 10. Medium to good stock sold at $8.50 to $9.50. Choice light heifers were quoted at $9 to sll while common to good stock sold at $6.50 to $8.50. All grades of cows ranged from [email protected], while canners sold at $2.250'3 and cutter* were bringing from $3.25(0)4.25. Stocker and feeder steers weighing from 300 to 900 lbs of the good to choice variety ranged from $5 @6 while common to good stock sold at $4.50(!?5.50. Fair to good stock cows brought s3(g>4 even. An active demand and good shipping orders advanced prices in the calf division today. Prices were 50c higher on good and choice stuff, while medium and common thin \ P lives held the same. Receipts were itimated at 1,200. Medium, good and choice stock sold at a range of [email protected], while heavy calves brought $5@R. Common and light stuff sold at ss^7. Not enough sheep and lamb receipts were present to give the market a fair test and prices were quoted as nominal. —Hogs— Heavies sll [email protected] Mediums 11.90 @12.00 Light hogs 11.75® 12.00 Braooth sow* 10.25® 10.60 Rough sows 9.75(310.25 Pigs 9.50(5 14.75 Stags 7.00® 9.50 —Cattle— Prune corn-fed steers. 1,300 lb* $i0.60 @it.oo Ooe@ to choice. 1,300 lbs.. 8.50® 10.00 Good to choice. 1,150 to 1.200 lbs 10.00 @ll.OO Good to choice. 1.000 to 1.100 lbs 10 50® 11.25 Prime yearlings 10.50® 11.50 Good to choice cow* 4.50® 8.50 Cutters 3.26 @ 4.26 Osnner* 2.25® 2.75 Good to choice heifers... 6.60® 11.00 Butcher bulls 4.00® 4.75 Bologha bulls 5.00® fl.oO _ —Calves— Choice real* $11.50 Good veals 10.50 @ll.OO Medium calves B.oo® 9.00 Common calves 5.00® 7.00 Heavy calves 6.00® 8.00 —Sheep and Lambs— Spring lamb* $16.00 down Wool lambs 13.00® 15.00 Clipped lamb* 8.Q0,® 9.00 Wool sheep 7.50® 8.50 Clipped sheep 3.00,® 5.00 Other Live Stock CHICAGO, April 28.—Receipts: 16,000; market, bidding unevenly lower on fed steers, mostly 25@50c off; ipractically nothing doing at decline; few sales, [email protected]. looks 250 off; in between grades ■sredominating; liberal sprinkling good to ■hoice heavies; she slock tending lowpr; dealers higher; shippers paying slo® 10.50; for choice kinds; others mostly $8 @9. Sheep—Receipts. 13,000: market, iat lambs • opening mostly 25® 35c up; enoico handyweights. $15.75(315.85: weighty kinds. sl4® 14.50: good light,weights Navajos, $16.25; no clippers sold; best held above $13.25; no springers sold: fat sheep and shearing lambs 25c or more higher; good 97-pound elipped wethers, $9.10: weightier wooled ewes. SB. Hogs —Reoeitps. 22,000 market slow, steady •to 10c off: top sl2 early, bulk. sll.oo® 11.90: heavyweights. $11.70® 11.90; niedlumwelghts. sll.Bo® 11.95; lightweights sll [email protected]; light lights. sll® 11.80packing sows, smooth, $10.40 @10.70* packing sow's, rough. $10.20® 10 10; slaughter pigs. $10.25 @ 11.50. PITTSBURGH. April 28.—Cattle—Receipts. light; market, steady: choice. s{o.so® 10.75; good. $9.85 @10.36: fair, sß® 8.75' veal calves, sll @11.50. Sheep and lambs—Receipts. light; market steady: prime weathers, $8; good, $7.25 @7.75; fair mixed, $H@7; lamb*. slß® 20. Hogs—Receipt*, 8 double deckers; market, lower: prime heavy. $12.25; mediums, $12.55 @ 12.60: heavy Yorkers, s'.2 6@ 12.00: light Yorkers. $12.50® .2.60 pigs. $12.25@ 12.50: roughs. $0.50 @10.50; stags. ss@6. EAST BUFFALO. April 28.—Cattle Receipts. 280; market slow, steady; prime steers, $9 @10.76: shipping steers $8 @9; cows. $2.25 @0.75. Calves —Receipts, 350; market active 50c higher; cull to choiee. $3.50@ 12.50. Sheep ami lambs— Receipts, 800: market slow, steadv. 25c lower; choice lambs. sl2® 13; cull to fair. sß<g 11.50: yearlings, sß® K); sheep, s3@ 8. Hogs—Receipts. 2.405: market active, steadv - . 26c higher: Yorkers, $12.00® 1275; pigs. $12.50: mixed, $12.50® 12.76; heavies, $12.50; roughs. $10@11; stags, $5 50®8. • EAST ST. LOUIS, April 28.—CattleReceipts. 2j500; market, bidding lower; cows. $5.75® 6.75; canners and cutters. $2.50@4: calves, $9.75. Hog*—Receipts a? 500: market, 20@30c lower; heav'es, f 11.55® 11.80 mediums. $11.60® 1.85' light*. $11.60® 11.90: light light*, $10.75® li. 80; packing sows. $9.50 <ii 10.10: pigs. $lO 25® 11.25: bulk. $11.75 @11.85. Sheep—Receipts. 0(0; market, strong: ewes. $8.60@9: eanne.’s and cutter*. s3@6; wooled lamb*. $14.50® 15. CINCINNATI, April 28.—Cattle—Receipts, 400; market, steady shipping ■ateers. good to choice. $9.30® 10. Calves higher: good to choice. slo® ■P Hog-)—Market, 10c lower; good to elio'es packer* end butchers $12.15® 12 25. Sheep—Receipts. 12,'); market st< . iy: good to choice. $6 - a6.50. Lambs —.’..arket. steady; good to choice. sl9 @2O. V CLEVELAND. April 28.—Hogs—Relceipts 1 2,000; market steady; Yorker*. p 12.20: mixed. $12.25. medium. $12.25; Vigs. $12.26; roughs. $10.60; slugs. $0.50. rattle—-Receipts. 100: market steady, un-1-hanged. Sheep and lamb* —Receipts, 1.500; market steady; top. $13.25. Calves 300; market 60c higher; top. sll .80. TOLEDO. April 28.—Hogs Receipts. 700: market steady; heavies. sl2; mediums. $12.15® 12.25; Yorkers. $12.26® 12 35; good pigs, $12.25 @ 12.36. Calves— Market steady. Sheep and lambs—-Market Blow.
New York Stocks rboir**'* McKinum* "
—April 28 — Railroads— Prev High. Low. 11:00 clos< Atchison .120% 119% 120% 1.19 V. A Coast L 156 155% 156 154® B. & O 74 % ... 74 % 74 V Can Pac.. 143% 141% 142 142 C & O 91 ... 91 90% C & N W.. 49 48% 49 48% UR & P . 43 % 42 % 42 % 42 % D & Hud.. 150 ... 150 149 % Erie 28% ... 28% 27% Erie Ist pd 30 Vi 35% 30% 30 (it No pfd 01% 61 61% 60% Lehigh Val 77 ... 77 L & N 110 ... 110 109 Vi Mo Pac pfd 78% 78 78% 78 N Y 0n..115% ... 115% 114% N Y NH&H 41% 30% 31 30% No Pacific 60 59% 00 59 No & Wes 131 ... 130% 129 74 Pennsylvan 44% 4414 44% 44% Reading .. 78 % 78 78% 78% So Railway 88% ... 88% 88% So Pacific 104 ... 103% 103% St Paul . . 4 % ... 4 % 4 % St Paul pfd 8 % 8% 8% 7 % St L & S W 40 ... 40 46 St L& S F 74% ... 73% 74 Union Pac 130% 135% 135 135% Wabash .. 13 12% 13 20% Wabash pd 02% 02 02 82 % Rubbers— Fisk Rub. 14% 14% 14% 14% Goodrich R 53 52% 52% 52'* Goodyr pfd 95 % ... 95 ‘it 95 % Kelly-Spg. ... ... ... 15% U S Rub.. 40 % ... 39 % 40 % Equipments— AC& Fd 197% ... 197% 197 Am S Fd.. 48 47% 48 48 Am Loco 121 120% 121 121 Bald Loco 111% 110% 111 111 Gen Elec. 268% 200 200% 205 Lima Loco 64 % ... 04 64 Pullman ... ... 133'$ Ry SI Sng 123% ... 123% ... Wes Airb 100 Wes Elec... 67% ... 07% 66% Steels — Bethlehem. 40% 40% 40% 40% Colo Fuel. . 35% ... 35 35 Crucible .. 60% 00% 06% 00 Gulf States 69 ... 69 69 % P R C & I 39% ... 39 % 39'* Rep I A S 44% 43% 43% 43% Sloss-Sheff. . . ... ... 83 U S Steel 115% ... 115% 114% Vanadium. .. ... ... 20% Motors— Am Bosch... ... ... 29 Chand Mot 35 , ... ' 33 35 Gen Mot .. 73 % ... 72 % 73 Mack Mot .145% 143% 143% 143% Mx Mot A 107% 107 107 107 % Max Mot B 78% 77% 77% 78% Moon Mot. 26% ... 25% 26% Studebaker. 45% 44% 45 45% Stew Warn. 63% 63 03% 62% Timken ... 40% ... 40% 40% Willys Over 16 % 15% 16 15% Minings— Dome Mines .. ... ... 13% Gt No Ora• 27% ... 27% 27%
GRAINS ABOVE MONDAY’S CLOSE Improved Cash Demand and Crop Reports Advances Prices. Bu United Press s Chicago! April 28.—Grain futures finished sharply higher on the Board of Trade today. Bread grains were leaders in a spirited wave of buying. recovery in Liverpool, together with productions of frost and freezing temperatures in parts of the Anierican belt, brought about considerable local buying. Improved cash demand and strength In wheat created good corn buying. Oats lacked incentive. Most of its strength was taken from other grains. Provisions rallied after a spell of weakness, closing higher with grains. Chicago Grain Table —April 28 — WHEAT— Prev. Open. Hljrh. Low. Clone. dose. May 1.45% 149% 1.44 % 1.49% 144 5 July 1.37% 1.30% 1.30% 4.39% 1.35% Sept 131% 1.33% 1.30% 1.33% 1.29% CORN— May 1.0.?% 1.08% 1.02 J .00 % 1.02% July 1.06% 1.09% 1.05% 1.09% 104% Sept 1.05% 1.09 1.05 1.09 1.04% OATS — May .30 % .40% .39% .40% .39** July .41% .42% .41 42% .41% Sept 41% .42% .41 \ .42% .41% LARD— May 14 50 14.75 14.40 14 70 14.60 RIBS— M ¥y 15.75 15.90 16.05 16.70 15.90 May 1.03 % 1.08 1.02% 1.08 1 02% July 1.02 % 1.06% 1.02% 1.08 1.00% CHICAGO. April 28.—Carlot receipts were: Wheat. 20; corn 101; oats. .37; rye, 24. CHICAGO. April 28 Pi... ary receipts: Wheat, 401,000. against 416,000; corn. 414 000. against 890.000; oats. 373.000. against 060.000. Shipments: W'lieat, 803 - 000, against 991,000; corn. 091.000, against 047,000; oats, 1.005,000. against 1,368.000. CHICAGO. April 28.—Wheat—No. 3 hard. $1.54*4: No. 2 yellow, $1.08%@ 1.09; No. 3 yellow, sl.Ol % @1.03% ; No. 4 yellow, [email protected]%; No. 5 yellow, 95 ® 90e. Corn—No. 4 mixed, 99%c@ $1.00%; No. 5 mixed, 98e; No. 8 mixed. 05@90e; No, 3 white, $1.04%; No. 4 white, 99 %e® $1; No. 0 white. 95 %e. Oat*—No. 3 white, 38%@40‘%e No. 4 white, 39® 40c; standards, 34%@37%e. Barley—B4®9o<\ Timothy 0.45. Clover—sl9 @27. ST. LOUIS, April 28.—Com—No. 2 White. sl.oß@ 1.08% : May. $1.02%; July. $1.08%. Oats— No. 2 white. 46® 47c: No. b 44c: No, 4. 41 % @43e. Wheat— May. i1.36%; July, $1.30%; sample ycd, $1.30.
Produce Markets
Freab Egg# (lobbing general run delivered m Indiana poll#! Lozen. toes off, /oc. Poultry (buying prices) Hen* Joe; springers. 2ic; roosters. 12c ducks. 20c; goese. 14c. young turkeys.tfO ®32c old turkeys. 26c: suuabs $4 60 fosen. Butterfat—Local jobbers repaying. 46®47c lb. lor butterlat: creamery butter (wholesale welling prices) 49® 51c Packing stock butter. 18c. CHICAGO. April 28.—Butter —Receipts, 15,651; creamery. 44c; standard. 44c: firsts, 40t*|(&4lc; second. 24® 118‘4 c. Egg—Receipts, 41,763: ordinaries, 26c; firsts, 27c. Cheese—Twins, 23V4c; Americas 26c. Poultry—Receipts. 1 car; fowls, 29c; ducks. 28c; geese. 16c; turkeys, 25c; roosters, 15c; broilers. 45® 48c. Potatoes —Receipts 224 cars: Wisconsin round whites. 60® 75c; Minnesota round whites, 50® 7t)c; spaulding rose No. 1, $5.85 ®0; Louisiana triumphs No. 1. $2.80® 3.25; Texas triumphs No. 1, $3.26® 3.50. CLEVELAND. April 28.—Fowls—30® 31c: Leghorns and light stock. 26®28c; stags 22®23c; roosters, 10®18c; ducks, 28w32c ;broilers, 60®82c; light broilers, 4,><@soc. Butter—Extra In tub lots, 49 ®soc: extra firsts. 47®48c: firsts. 45® 4 fie; packing stock. 27® 28c. Eggs— Northern Ohio extras, 31c extra firsts. 30c; Ohio firsts 28V4c; western firsts. 28‘4c. Potatoes—New York, $1.55® 1.00 iv*r 150 pounds: Texas triumphs. $3.25 per LOO pounds; Florida rose No. 1. $0 a barrel. TOLEDO. April 28.—Wheat Cash. *1.82® 1.83. Com—Cash No. 2. *l.lß® 1-10; No. 8. 81.1401.15. Rye—Cash No. 2. sl.ll. Oats—Cash No. 2. 51®53c: No. 3. 49 ® 51c. Barley—Cash 2,69 c. Clover.sced —Cash. *12.40: December. sl3 05, October. *l3. Timothy—Cash 53; May. $3.05: September. $3.55. AlsikeAugust. $12.06. Butter—6o® 61c. Eggs —25 (H 27c. Hay—*2o. City Scliool Bids Indianapolis school board at Its meeting tonight will consider bids for general painting to be done in grade school buildings; on writing paper and supplies, and, for the purchase of wreckage of old buildings on the site of the new colored high school building. Home Is Ransacked Meyer Huffman, 922 E. FortySixth St., reported to police today that hig home was ransacked Monlay night. Loss Is not known, as the family had just returned from a trip.
iTCf. F.iirn I- * 12 30 close lnt Nickel. 30 V, 21 % 29 \ SO rex GA S 100 % ... 105 % 105 4 toppers—'m Smelt. 91 % 91 91 % 91 \nacorda.. 30% ... 36% 20 Vi Inspiration . . ... ... 23 ivennecott . 47% ... 47 47% Ctah Copr .. Bfc % CJ S Smelt... ... ... • 33 HGils— Cal Petrol. 29% ... 29% 29 Uosden ... 28 27% 27% 27 % Houston Oil 00 ... •'6O 59 7* Marland Oil 30% 30% 36% bos* Pan-A Pete 73% 73'4 73% 72% P-A Pete B 74% 73% 73 4* 72% Pacific Oil. 55 4* .. . 66% 55% Phillips Pet 38% 38% 38% 39 Pure 0i1... 20% 20% 20 % 20 Roy Dutch 50% 40 4* 50% 40 S Oil of Cal 58% ... 58% 58% S Oil of NJ4I % ... 41% 41% Sinclair ..18% ... 18% 18% Texas Cos.. 43% ... 43% 43% Tr Cont Otl 4 ... 4 4 Industrials— Allied Chem 85% ... 85% 84% Ad Rumely 1.5 15 15 ... Allu-Chanu 77% ... 7<% 77 Ami-r Can 173% 171% 171% 170% Amer Ice . 98 97 98 90 Am Woolen 40% 4040% 39% Pen Leath ... ... ... 10 Coca-Cola 101% 101 101% 101 • Congoluem. 27% 25% 25% 27% Cont Can.o3 ... 63 63 Davison Ch 31 30% 30% 30% Pam Play. 98% 07% P 8 % 97 % O Asphalt. 48% ... 48% 48% lnt Paper.. 52 ... 52 52 Tnt Harv ... ... 104 May Stor ... ... ... 102% Mont A W. 47 46% 47 47 Owen Bot. ... . ... 40 Radio 01% 00% 60% 60% Sears Roe. 154 153% 154 153% U 8 C I P 150 148 155 147% U S In Al. 86 % 84 % 85 % 84 % Woolworth 121% 121% 121'* 120% Utilities— Am TAT 135% ... 135% 130 Con Gas. 78% 78% 78% 78% Columbia G 50 % ... 50% 50% Peoples G 115% 115 115% ... Wes Union 130 ... 130 131% Shipping— Am lnt Cor 34% ... 34% ... Am 8 A C 10% 10% 10% 10% Allan Gulf 43 42% 42% 41%. In M M pfd 42% 41% 41% 41% Foods Am Sugar 63% 61 % 61% 62% Am B Sg 39 Aus Nteh ... i... ... 24 % Corn Prod 37 % 36% 37% 30% C C Sg pfd 52% 50% 51% 52% C-Am Sugar 28 % ... 28 % 28% Punta Ale. 42% 43 42% 4'-’% Wilson & Cos. 0 .... 6 0 % Tobaccos— Am Suma.. 8% ... 8 % 0 Am Tob.. 91% 91'* 91% 90% Gen Cigar 80 ... 88 % 89 Tob P (B) .... 75 U Cig Stor 05 % ... 05 % 05 % Building Permits Charles Richard, reroof. 3935 Graceland. S2OO John Hlldner. addition. 3304 Carrollton. S2OO. I. E. Merritt, apartment. 2204-08 Park. $45,000 Groscis A Cos., brlldlng. 139 N. Noble. $2,000. William Audrick, garage. 3218 Belle fontalne, $250. Indiana Trust Company, repairs. 801-03 S. Delaware. $542. G. E. Smith, repairs, 417 S. Rurai, $230. O. P. McMahan, reroof. 2001 Broadway. S2OO. W. R. Bishear, dwelling. 3461 W. Michigan, $3,000. Joseph Sferrutzi, addition, 4519 Fletencr, $360. . Jesse Monlal, remodel. 829-31 3 Tre mont. $1,600. John White, addition. 5130 EUenberger. $350. T. E. Grlnslade, dwelling. 5414 Win throp, $3,500. Leonard Bagnoll. dwelling. 5029 Kenwood. $4,500. Leonard Bagnoll. furnace. 5029 Kenwood. $212. Florence McFeeters. garage. 2031 Jack Bon. S3OO. Mary Robertson, dwelling. 2313 V Washington. $2,000 P E. Oliphant. addition, 1420 Dawson. S2OO. John Rhodes, dwelling. 140 W FortyFourth. $0,500. John Rhodes furnace. 140 W. Forly Fourth $225. Indianapolis Star elevator, 301 N. Pennsylvania. $3.000.
Statement of Condition of the Sun Indemnity Company of New York New York 65 Fifth Are. On the 31st day of December. 1024 EDWARD C LENT. President. GEORGE W ALLEN. Secretary. Amount of capital paid up. . .$700,000.00 NET ASSETS OF COMPANY Caeh In bank* (on Interest and not on Interest) ....$ 383.312.37 Bonds and stocks owned (market value) 1.462.282. DU Accrued securities (interest and rents, etc.) All other assets 88.176.84 Premiums and amounts dns ami In process ol collection 308 633 19 Total net assets 92.233.426.28 LIABILITIES Reserve or amount necessary to 1 rclnsu.e outstanding risks 9 686.274.22 Losses due and unpaid 409,615.00 Bills and accounts unpaid... 4.000.00 Other liabilities of the company 183.616.19 Total liabilities 91.302.406 41 Capital ... .. 700,000.00 Surplus - 231.019.88 Total 92.233.425.29 State of Indiana, office of Commissioner 1 1 Insurance. r. the undersigned. Comm ssloner of Insurance of Indiana, hereby certify that the above Is a correct copy of the statement of the condition of the above mentioned company on the 31st day of December, 1924 as shown by the original statement, and that the said original statement is now on file In this office. In testimony whereof, 1 hereunto subscribe my name and affix my official seal (SEAL) this 9th day of April. 1925. T. S. McMURRAY. Jr,, Commissioner. Statement of Condition of the United Casualty Company Westfield. Mass. 90 Elm St. On the 31st day of December, 1024 ROBERT GOWDY. President. R. A. GOWDY Secretary. Amount of capital paid up. . .9100.000.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) $ 23.700.74 Bonds and stocks owned (Market value) 191.827.60 Accrued securities (interest and rents, etc.) 3,213.43 Total net Marts 9218.741.67 LIABILITIES. Losses adjusted and not due. 9 4.023.63 Losses unadjusted and In suspense 9.682.65 Bills and accounts unpaid .. 2,850.00 Other liabilities of the com pany (unearned premium). 18,184.26 Total liabilities 9 29.740.64 Capital 100.000.00 Surplus 89.001.13 Cotal 9218.741.67 State of Indiana. Office of Commissioner ot Insurance. 1. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of tho Condition of the above mentioned Company on the- 31st day of December, 1924, as shown by the origtnal statement, and that the said original statement is ii* w on Hie in r.ftis office In testimony whereof. I hereunto subscribe my name and affix my official seal (SEAL) this 9th day of April. 1925. T. S. MURRAY. JR.. Commissioner.
THE INDIANAPOLIS TIMES
stocks mu AT START OF WALL STREET Forget German Situation and Display Buoyant Tone.
Average Stock Prices
Average price of twenty industrial stocks, 119 40, off .29. Average price of twenty rails. 95.08. off .05. Hu United Pres a NEW YORK, April 28.—Stimulated by the prospect of a splendid first quarter earnings statement from the United States Steel Corporation after the close of the markets today, Btocka forgot their apprehension over the German situation and displayed a buoyant tone in the early dealings. Steel was active at around the best levels of the current recovery at 115% while fractional gains were scored by American Can, Radio Corporation, Pan-American Pete and Anaconda. The rails were the best acting group. Frisco common at 74% was close to its record high while Southern Railway gained % to 88%; New York Central % to 115%, Atchison % to 119" g and Southern Pac. % to 103%. Stocks were unsettled around noon by a drive on Industrial Alcohol, following a statement by Secretary Hoover of reports that German synthetic alcohol was liable to drive American alconoi firms out of business. Industrial Alcohol is planning r, consolidation of its subsidiaries and the splitting up of the common stock with the elimination of the preferred with dividends equal to $8 a share on the present move. Local Bank Clearings Local hsnk clearings Tuesday amounted in |s 180,000 Bank debits wen 712.000. Foreign Exchange NEW YORK April 28—Foreign exchange closed higher. Demand -terling. $4 839-10 .abl.-- .able-. |>3 ! 10 up 10 10 and 1 13 10. Francs. 5.22 c. no .02‘a. Lire. 4 09*, e. up .01'*. Belgium. 5.054* e. up .00% Marks. 23.80 c. Holland. 4011 c. UP .07. Hons Kong. 54.58 c. Shanghai 73%c. Yokohama. 41 RBe. Russia 5.10 c. Tank Wagon Prices (Not including 3c State tax) GASOLINE— Red Crown. 21 ?<- Soltte and Ethyl 24.2 c: Encrgee. 22e: Purol. 18 2c; Sliver Flash 22c; Targi t 18.2 c; Diamond 18 2c. Crystal Pep 21t2 Sinclair 18 2c special Sic "’hits Ro-e. 21c. KEROSENE —Crystallne. 12.7 - Moore Light 15 sc: Perfection, 12.7 c Bright Light 12.7 - Sinclair 12.7 c: Stando'.ind furna<e oil 9.0 c (160 gal. or rnnnj NAPTHA—Encrgee Cleaners. 19.5 c: V M A P.. 22:6c: Standolind Cleaners, 22.5 c Local Wagon Wheat Indianapolis grain elevators are paying $1 05 for No 2 red wheat Othe.--ra'n“ accordingly
Statement of Condition of the Detroit Fidelity and Surety Company Detroit, Mich. (■'** and Milwaukee Avr*. On the 31st day of December. 1924. HOMER ft MoKEE. President RALPH J. DALY. Secretary Amount of capital paid up. r '.\(100 000.30 NET ASSETS OF COMPANY Cash in batiks on interest and not on interest) .... 9 440 589.43 Real esta'e unincumbered . . . 186.936 87 Bonds and stocks owned i market value) 939.845 28 Mortgage loans on real estate i free from sny prior incumbrance) 2.020 289.83 Accrued securities (interest and rents, etc.) 65.027.62 Other securities 1.047.68 I Premiums and accounts dua and in process of collection 178.115.09 Reinsiiramr receivable for losses paid 11.264 34 Total net assets 93.833.106.14 LIABILITIES Reserve or amount necessary to reinsuro outstanding risks 657.594.42 Losses due and unpaid .... 86.275.77 R P. due and unadjusted items 77. 9.871.67 Reserve for commissions... 61.073.63 Accrued taxes arid expense items 13.638.83 Other liabilities of the company 8.014.10 Total liabilities .9 727.368 42 Capital 2.U00.000.00 Surplus 1.105.737.79 Total .93.833.106.14 State of Indians, Office of . ommicsioner of Insurance T. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the atiove mentioned Company on the 31st day ot Decenber. 1P24, ns shown by the original sta ement. and that the said original statement is now on file in this office. In testimony whereof. 1 hereunto subscribe m.v name and affix my official seal (SEALI this oth day of April. 1925. T. S, McMURRAY JR Commissioner. Statement of Condition of the Washington Life and Acc’t Insurance Cos. Chicago, 111. 66 W. Randolph St. On the 31st day of Dercmber, 1924 G. R. KENDALL. Prssidcnt. C. P. KENDALL. Secretary. Amount of capital paid up.. .9200.000.00 NET ASSETS OF COMPANY Cash in banks (on interest and. not on interest) 9118,033.10 Bonds and stocks owned (market value) 230.801.00 Accrued securities (interest and rents, etc.) 3.862.62 Total net assets -..9352.696.72 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 9 28.802.45 Losses lue and unpaid 6,723.58 Bills anc accounts unpaid... 1,346.00 Other lirbilitles ol the company 6.600.0 U Total liabilities 9 40.372.3 J Capital ..9200.000 00 Surplus 112.324.71 Total ..*352.690.7-' State of Indiana, office of Commissioner ol Insurance. 1, the undersigned. Commissioner of In surance of Indiana, hereby certify that tUabove is a correct copy of the statement of the condition of the above mentioned company on the 31st day of December 1924. as shown by the original statement and that the said original statement ie now on tile in this office In testimony whereof. 1 hereunto sun scribe my name and affix my official aea (SEAL) this 9tb day of April. 1925. T. 8. McMURRAY, JR.. Commissioner.
MAIL CARRIERS CELEBRATEPAY To Honor Congressman Joint Author of Bill. Delegations of postal employes from most of tlfe larger cities in Indiana are to attend the mass meeting and celebration in honor of Congressman M. Clyde Kelly, joint author of the postal salary increase bill, at the Oadle Tabernacle tonight. Indiana’s -two United States Senators and thirteen Representatives in Congress have been invited. Representative Kelly will make the principal address. A reception was to be held at Severln froom 2 to 4 p. m. and a dinner at 6 p. m. A delegation met Kelly at the train when he arrived at 11 a m. VMctor W. Martin, chairman of the joint committee of postal workers, will preside at the tabernacle meeting. Congressman Ralph Updyke will welcome Kelly. The tabernacle chorus will sing. Other speakers include W. J. Gainor, president Federation of Getter Carriers; W. M. Collins, president Railway Mail Association, and Geo George, president Federation of Post Office Clerks. MAY WITHDRAW BOS FRANCHISE Board Members Say They Were Misinformed. Board of works members today Indicated they would rescind action taken at Monday’# meeting under which Peoples Motor Coach Company was issued franchise to operate passenger busses in fifty-nine streets for a period of twelve years. Members said they were misinformed l>y A. Smith Bowman, head of the bus company, about date the Moorhead bus regulatory law takes effect. The Moorhead law provides new bus lines be controlled by the State. They said they voted to enfranchise company In order to divert revenues of $75 per year for each bus Into city treasury, on theory that May 1 would he date law went into effect. Subsequently, according to yi’llliam H. Freeman, board member. It was learned that hoard has further time to investigate. New T. R. I'nlt Indorsed Proposal of Dr. 11. 8. Hatch, superintendent of Sunnyside Hospital, that the city hospital provide a 100-bed tuehrculnr unit was indorsed by Indianapolis Council of Social Agencies at a meeting at the Spink Arms Monday. Open house will be held Thursday at the new headquarters of the sooltey. 337 N. Pennsylvania St., nnd at Public Health Nursing Association, 324 Indiana Pythian Bldg.
Rtatem-i.t of Condition of the Royal Union Life Insurance Company Des Moines. lowa. Seventh an! Grand. On the 31st day of December. 1924. A. C. TUCKER President. D C. COSTELLO. Secretary. Amount of capital paid up. 9 250.000.00 NET ASSETS OF COMPANY Cash in banks lon interest and not on interest l ... 9 90.0p7.38 Real estate unincumbered.. 460.762.98 Bonds and stocks owned imarket value) 1.443.095.31 Mortgage loans on real es fate i free from any prior Ineumbranee) 10.830.800. >1 Accrtp-d securities (interest and rents etc.) 921.090.95 Poliry loans 2.667.283.22 Premium notes 192.191.30 Cash in company's office. . 24.874.76 Accounts otherwise secured 441.220.46 Total net assets 917.061.347.06 LIABILITIES. Reserve or amount neces- . ear.v to reinsure outstanding rinks 915,016 842.07 Jkjsw-s adjusted and not due 61.982.00 Losses unadjusted and In suspense 42.443.00 Bills and accounts unpaid. 27.617.06 Ollier liabilities of the company 1.412.828.99 Total liabilities *10.600.613.12 Capital ...... 250.000.00 Surplus 250.733 04 Total 917~0rtt.347.06 Amount retained by company.. 915.000.00 State of Indiana. Office of Commissioner of Insurance I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct <-opy of the statement of the condition of tne above mentioned company on the 3lst day of December. 1P24. as shown by the original statement, and that the said original statement is now on file in this office. In testimony whereof I hereunto subscribe m.v name and affix my official seal [SEAL] this r>t h dar A i>rtl. 1926. T 8. McMURRAY. IK., Commissioner. Statement of Condition of the Western Casualty Company Chicago, Illinois 208 So La Salle St. On the 31st day of December. 1984 A. WATSON ARMOUR. President. GEO. M. WILLETTS. Secretary. Amount of capital paid up. .*9260,000.00 NET ASSETS OF COMPANY Cash in banks (on interest and tot on Interest) 9135.269.67 Bonds and stocks owned (market value) 671.685.00 Accrued securities (Interest and rents, etc.) 6.887.61 Other securities 6,000.00 Total net assets . *717.842.18 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 9302.408.00 Bills and accounts unpaid... 9.834.43 Other liabilities ot the company 272.42 Total UabOltiea *312,014.85 Capital 250.000 00 surplus .......... ...... .. . 155.827.Jd Total mm *717.842.18 State of Indiana Office of Commissioner of Insurance I. the undersigned. Commissioner of Insurance of Indiana hereby certify that the tbove is a correct copy of the statement f condition of the above mentioned com ’any on the 31st day of December. 1924 as shown by the original statement, and hat the said original statement is now ■n tile in thiß office. In testimony whereof. I Hereunto sub -cribs my name and affix my official seal (SEAL) this 9th day of April. 1925. T. S. McMURRAY, JR., Commissioner.
‘Sweetheart’ Swamped by Greetings
Vfve > s
Virginia Swanson, “sweetheart” of radio station WOAW, at Omaha, Neb., is literally covered with the telegrams that came in from listeners when her birthday was broadcast. There were 18,202 telegrams and hundreds of long distance calls.
SCALE MEN IN MEETING National Association Delegates Here for Convention Delegates to tho National Scale Men's Association convention today toured the city following sessions at the Severln. Van Camp Packing Company plant was visited. Sessions will end Wednesday, when election of officers and resolutions will be taken up. Julian Wetzel, Indianapolis business man. welcomed the delegates today at luncheon at the Severln. Displays of various scale firms are at the Severin and Spencer House. NEW FURNITURE STORE Kirk Company to Have Formal Oliening Saturday. Formal opening of the furniture store of The Kirk Company, successors to Wheeler Bros., 311 E. Washington Bt., will l>e held Saturday. Since the purchase of the store it has been closed for redecorating. repairs and moving in of new stock. Warehouse department has been moved from the building. Gouis D. Freiberg is president of the company and A. H. Frank, secretary and vice president. (lub lo Hear Professor Prof. Wood Unger of Butler University will address Kiwanis Club luncheon Wednesday at the Claypool. G. A. Kstes, chairman of "Know Your City” committee, arranged the program.
Statement of Condition of ths United States Branch The European General Reinsurance Company, Ltd. New York City. N. Y. 110 William On the 31st day of December. 1924 FESTER. FOTHERGILL and HARTUNG, United States Managers Amount of capital deposit *9750.000.00 NET ASSET 9 OK COMPANY Cash in bank (on interest and not on interest l. . 9 658.122.29 Bonds and stocks owned (market value I 8.077.557.67 Mortgage loans on real estate (free from any prior incumbrance .... 218,000.00 Accrued securities (interest and rents. etc.) 114.280.31 Salvace—cash collected by ceding Co.s as per aeoounts current 07,711.62 Premiums and accounts duo and in process of col- • lection t.OOI .850.46 \ Total net assets 910,037.528 34 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 9 3.681.610.50 Losses adjusted and not due 472,819.97 losses unadjusted and In suspense 3,328.687.18 Bills and accounts unpaid.. 500.00 Other liabilities of the company $ 1,054 110.69 Total liabilities 9 8.637.628.34 Capital 7.600.000. )0 Surplus 7.500,000.00 Total 910.037.528.34 Greatest amount In any one risk $150,000.00 Amotuit retained by company . 515u,000 00 State of Indiana. Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the statement of the condition of the above mentioned company on the 31st day of December. 1924 as shown by the original statement, and ti at the said original statement te now on file in this office. In testimony whereof. I hereunto subscribe my name and affix my official seal. (SEAL) this 9th day of April. 1925. T. 9. McMURRAY JR.. Commissioner. Statement of Condition ol the National Casualty Company Detroit. Michigan. 422 Majestic Building. On the 3lst Day of December, 1924. i W. G. CURTIS. President. E. A. GRANT. Secretary. Amount of capital paid up. .9200.000.00 NET ASSETS OF COMPANY. Cash In banks (on interest and not on interest) $ 81,874.74 Bonds owned (market value). 612.382.93 Mortgage loans on real estate < free from any prior incumbrance) 19,000.00 Accrued securities (interest and rents, etc.) 10.181.97 Other securities 10,000.00 Account* otherwise secured. 0.078.10 Total net assets... * 9739.517.74 LIABILITIES l eeen-e or amount necessary to reinsure outstanding risk# *240.000.00 Losses unpaid 60.800.00 Blllii and accounts unpaid.... 32.600.00 Total. liabilities . $333,300.00 Capital 200.000.00 Surplus 206.217.74 Total *739.617.74 Greatest amount in any one risk 15.000.00 State of Indiana Office of Commissioner of Insurance. I. the undersigned, commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the statement of the condition of tne above mentioned company on the 31et day oi December. 1924. ae shown by the original statement, and that the said original statement is now on file in this office. Xu testimony whereat. 1 hereunto subscribe my name and affix my official aea) (SEAL) this 9th day of April. 1925. T. S. McMURRAY. JR.. Commissioner.
CATHOLIC PRIEST DEAD Heart Attack Fatal to Rev. Francis Bradley of Terre Haute. The Rev. Francis Bradley, 47, a clergyman at St. Mary's-of-the-Woods, Terre Haute, died Monday night at St. Vincent Hospital from heart trouble. He had been ill only a few days. The body was taken to John F. Reynolds’ undertaking establishment. Funeral services will be held at Terre Haute. Boys Held at Anderson Detectives will go to Anderson, lnd., today to take into custody John Ballard. 13, Evansville, lnd., and Carl Gockhart, IS, Ft. Wayne, lnd., being held on charge of vehicle taking. It is said the two stole an automobile belonging to John White, 607 Kahn Bldg., Monday night. Slielbyville Girl Missing Chief of Police Thomson, Shelbyville. Ind., wired police today to watch for Miss Freda Kuhn. 15, who ran away from home Monday. She has dark bobbed hair, and whs wearing a blue striped dress. According to Thompson she may he at the home of a woman whose address he gave. Kokomo Road Approved State tax commissioners today approved a $57,300 bond issue for construction of the B. F. J*earner road in Venter Township, Howard County, and a $14,000 issue for the Vernon Hoke road in Oregon Township, Starke County.
Statement of Condition of the Commonwealth Casualty Cos. Philadelphia 210-212 S. Fifth St. On the 31st day of December, 1924. H. C. STEWART, President. E. 8 COOK. Secretary. Amount of capital paid up..* 300.000,00 NET ASSETS OF COMPANY Cash In banks <on Interest and not on interest ) .... 9 62,489.83 Bonds and stocks owned (market value) 707.641.46 Mortgage loans on real estate (free from any prior tnenmbranoe) 34.900.00 Accrued securities , (interest and rents, etc.) 9,901.60 Premiums and accounts due and in process of collection 230.443.65 Total net assets *1,035.466.54 LIABILITIES Reserve or amount necessary to reinsure outstanding risks * 429.189.61 Losses due and unpaid 6.010.22 Losses adjusted and not due 21.786.00 Losses unadjusted and in suspense 146,860.00 Bills and accounts ulpald . . 2.640.08 Other liabilities of the company 17.601.30 Totat liabilities * 04.557.29 Capital 300.000.00 Surplus 70.009.25 Total *1.035.466.64 Greatest amount in any one risk 30.000.00 State of Indiana. Office of Commissioner of Insurance. I. ihe undersigned, commissioner of insurance of Indiana, hereby certify that the above is a correct copy of the statement of the condition of tne above mentioned company cn the 31st day of December. 1924. as iihown by the original statement. and that the said original statement is now on file tn this office. In testimony whereof I hereunto gub•tfipe W nn>e and affix m.v official seal (SEAL] this 9th clay of April, 1926. T. S. McMURRAY. JR., Commissioner. State ot Condition of the Columbia Casualty Company New York, N. Y. 114 Fifth Avenue On the 31st day of December, 1924 CHARLES H. NEELY. President. J. FRED RANGES. Secretary. Amount of capital paid up.*1.000,000.00 NET ASSETS OF COMPANY Cash tn banks (on Interest and not on interest) $1,073,178.43 Bonds and stocks owned (market value) 3,894,800.00 Accrued securities (interest and rents, etc.) 47.393.24 Premiums and accounts due arid in process of collection 1,027.959.48 Accounts otherwise secured. 81.530 81 Total net assets $0,124,881.90 ! LIABILITIES Reserve or amount necessary to reinsure outstanding risks *2,201.371.78 Losses due and unpaid 1,573,510.04 Bills ano accounts unpaid. . 10.000.00 Other liabilities of ths company 383,505.94 Total liablilttee 94.168.468 70 Capital —. 1.000.000.00 Surplus . 966.406.20 Total *0.124.801.00 State of Indiana. Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1924. as shown by the original statement, and that the said original statement is now on file In this office. In testimony whereof, I hereunto subT. 8. McMURRAY, JR., Commissioner.
CODKCIL GIVES EXPENSES 0. K. $38,790 Extra Appropriations Are Approved. Marion County council today approved additional appropriations totaling $38,790 for expenses of the county government and its institutions for the year ending Dec. 31, 1925. This total includes $1,6'00 for an emergency automobile for the sheriff. $1,250 for automobile for tho county surveyor and $650 for a machine for Claude M. Worley, special Investigator in the prosecutor’s office. The new chief deputy prosecutor n .Judge Dan White's court was appropriated $1,700 salary. Council refused to take any action toward approving the erection of a N. Meridian St. bridge over the canal. Cassius G. llogle, council president, said tho city must first map out Its pi;.ns foi street development in that part of the city. INTOXICATION CHARGED Woman Hurt in'CVasli—Auto Driver Arrested. Charge of driving while intoxicated was placed against Herbert Brown, 29, of R. R. C. Box 268, after It is alleged his auto struck wagon of Walter Elsbury, R. R. C., Box 262. lute Monday at E. Tenth St. and Eagle Creek. Mrs. Elsie Overton, daughter of Elsbury, riding in the wagon, was injured. Stanle Pitchford. 38, the Gorraine. was charged with speeding and driving while intoxicated after he is alleged to have struck a parked auto at 1544 W. Washington St. George Orland, Ft. Harrison, was also charged with driving while Intoxicated. Harry Dunlop, 20. of 807 Lexington Ave., was charged with speeding. Woman Is Sentenced Fine of $25 and costs and sentence of twenty days in the Indiana Women’s rrison were given Mattia Raines, 20, colored, 224 W. Wyoming St., in city court today. Charge w'as petit larceny. She is alleged to have stolen two dresses from a downtown store. Fails to Api>ear, Hunted Detectives made additional efforts to re-arrest Earl Keetz, 24, of 40 N. Miley Ave., arrested Saturday by a traffic officer on a vagrancy charge and who gained his freedom by presenting a SIOO bond, but failed to appear for trial in city court Monday. New Style*—New Models * ■ md SPRING SUITS figgisig "o. I | Wher* WnhlnKton Cro*Hp Delftwiir* in— 4
Statement of Condition of the International Indemnity Company Los Angeles. Cal. 347 8. Hill St. On the 31st dsy of December. 1924. N BLACK9TOCK. President, EMIL JOHNSON Secretary. Amount of capital paid up..s 300.000.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on interest) * 127.188 32 Real estate unincumbered... 105.520.00 Bonds and stocks owned (market value) 1,055,854.27 Mortgage loans on real estate (free from any prior incumbrance) 260,497.50 Accrued securities (Interest and rents, etc.) ........ 19,239.00 Premiums and accounts due and in process of collection 870,633.33 Accounts otherwise secured. 16.830.81 Total net assets *1,964,703.22 LIABILITIES Resfrre or amount neeeseary to reinsure outstanding risks ’$ 773.199.73 Losses adjusted and not due. 14.220.00 Losses unadjusted and in suspense 492.942.60 Bills and accounts paid 125.303.04 Other liabilities of the company 66,489.70 Total liabilities 91.462.215.00 Capital 300.000.00 Surplus 202 547 60 Total 91,004.703.23 Greatest amount In any one risk 10.000.00 State of Indiana Office of Commissioner of Insurance. I. the undersigned. Commissioner of Insurance of Indiana, hereby certify that ihe above ts a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December. 1924. as shown by ttie origtnal statement, and that the said original statement is now on file, tn this office. In testimony whereof, 1 hereunto subscribe my nilme and affix m.v official seal ISEALI this oth day of April. 1025. T. 8. McMURRAY, JR., Commissioner. Statement of Condition of the National Accident and Health Insurance Cos. Philadelphia. Pa. 244 S. Eighth 9t. On the 31st day of December. 1924. M S. BOYER, President. ROBERT M. FRY. Secretary. Amount of capital paid up.. .9100.000.00 NET ASSETS OF COMPANY Cash in banks (on interest and not on Interest') $ 31,368.74 Real estate unin lumbered ... 28.750.00 Bonds and stocks owned (market value) 131.097.50 Mortgage loans on real estate (free from any prior incumbrance) 84.000.00 Accrued securities (Interest and rents, etc.) 1,071.10 Premiums and accounts due and in process of collection 13.099.56 Accounts otherwise secured .. 4,072.64 Total net assets *243.469.64 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 20.656.33 Losses unadjusted and in suspense 22,094.35 Other liabilities of the company 9,005.95 Total liabilities * 51.816 83 Capital 100.000.00 Surplus 91.643.91 „ Total *243.459.54 Greatest amount in any one risk 6.000.00 State of Indiana. Office of Commissioner of Insurance. I. the undersigned. Commissioner of In. surance of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December, 1924. as shown by the original statement, and that the said original statement la now on file in this office. In testimony whereof. I hereunto sub-
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