Indianapolis Times, Volume 38, Number 37, Indianapolis, Marion County, 24 June 1926 — Page 11
JUNE 24, 1926
PORKER MARKET REMAINS STEADY
GOOD DEMAND IS ' IN EVIDENCE FOR HIGH GRADE RAILS Canadian Pacific Sets New Record —Others Advance.
Average Stock Prices
Average of twenty industrial stocks for Thursday wag 151.45. off 2.09. Average of twenty rails 113.00. off 07. Average of forty bonds. 95.35. off .03. Jill United Press NEW YORK, June 24.—Today's market was distinguished by x the steady demand in evidence for high grade rails, further emphasizing the wealth of the investment community which is overflowing into standard dividend-paying stocks. Canadian Pacific achieved new high ground since 1919 and substantial advances occurred in Atchison, C. &O. and Nickel Plate. Fluctuations in the industrial list were highly professional. Though the renewal rate on call money was the same as mat of Wednesday at 414 per cent, there was an easier in the money market. Time money continues dull with to six months’ maturities at 414 per cent and shorter dates generally 414 per cent. Commercial paper is quiet with prime names quoted at 4 per cent and other good names at 414 per
Banks and Exchange
—June 24 LOCAL CLEARINGS „ Indianapolis bank clearings for _ today amounted to $3,536,000. DeDits, J0,409,000. NEW YORK STATEMENT Hu United Press NEW YORK. June 24. —Clearings. $921,000.000; balances. $97,000.000. * FOREIGN EXCHANGE Hu United Press „. _ NEW YORK. June 24.—Foreign exchange closed steady. Demand sterling. $4,86 3-16: francs. 2.89%c. up .05c: lire. 3.62%c. up -01 c: Belgiuum. 2.88%c up .01 marks 23.80 c: Holland. 40.16 c, up .01c; Russian. 5.15 c: Hong Kong, 5554 c: Shanghai. 72 %c: Yokohama. 46.88 c. N
Indianapolis Stocks
—June 23 Bid. Ask. American Central Life ....250 ... Am Creosoting Cos pfd .... 100 la .• . Advance Rumely Cos com. . . ill* 13 Advance Rumely Did 49 52 Belt R R com 66 % 70 Belt R R pfd 57 ... Cent lnd Power Cos pfd.... 88 88% Century Bldg pfd ........ 99 '4 --. Citizens Gas Cos com 4, ... Citizens Gas Cos pfd 105 Commonweal tii Loan pfd... 99 % ... fcEquitable Securities com... 51 ... Hook Drug com (Class A) 2614 ... IBndiana Hotel com 100 ... Indiana Hotel pfd 100 ... Indianapolis Gas 57 ... liidpls & Northw pfd .... oO oO indpis Street Railway .... 39 42 Interstate Pub S prior lien. 99 10Merchants P Util Cos pfd... 9 7 ... Real Silk pfd 97 100 Progress Laundry Cos com. -0 V* -i Public Savings Ins Cos l' s ... Rauh Fertilizer 48 ... 6tandard Oil of Indiana 6o Sterling Fire Ins It ••• T H I & E com 3'-3 • T H I & E pfd 2b 30 T H T & Lt pfd 88 9244 Union Title com 100 102 Union Trac of lnd com... .. 1 Union Trac ol lnd Ist pfd. . . JO Union Trac of lnd 2d pill. . ■ • Van Camp Pack Cos pfd... 17 ... Van Camp Proa Ist pfd. 00 Van Camp Prod 2d pfd. • . • ■ 9o W ahasn Ry Cos com 4, ... Wabash Ry Cos pfd ...... to ... —Bonds — Belt R R and Stock ids 4s 88 Broad Ripple 5s Jo ... Central lnd Power 6s 96% Central lnd Power is ... 99 % ... Citizen Gas 5s _ 08 93 Citizen St Ry os Home T and T ....... .102 >4 103% Indiana Coke and Gas 6s. . 95 97 Indiana Hotel 6s 97 lnd Ry and Light 5s 04 ... lmlpls Col & Sou 6s • • 96 V 4 101 Indpis Gas 6s 98 100 indpis Lt 3nJ Ht bs .....101 Indbls & Martinsville 55.. 68 /U Indpis Northern go 39 Indbls Northern certi% . . . . 23 - ■ • Indpis Northwestern os .. >8 <t Inupls St Ry 4s .. .... go bbH lnd.ils Trac and Term ss. . 94 Vi 9o indpis Union Ry Indpis Water Wks site 97 Indpis Water 4% s 92% 94% Indpis Water 5% s [);* % Interstate Pub berv 6s ...100 103 Interstate Pub Serv 6%5.102% T H I 4 E 5s 78 ... T H T and Light 5s 96 • Vnion Trac ot liid tis 22 ~o Union' Traction certif ... 20 ... —Bank Stocks— Aetna Trust and aav Cos. 112 ... Bankers Trust Cos 130 ... Cil.v Trust Company 160 ... Continental National 112 Farmers Trust Cos 226 ... • .Fidelity Trust .Cos 104 ... iFletcher American 160 170 R’leteher Sav and Trust C 0.243 ... Indiana National Bank .258 264 Indiana Trust Cos 225 ... Live Stock Ex Bank 160 I<o Marion County State Bank. 160 ... Merchants Nat Bank 317 ... People's State Bank 245 ... Security Trust ■ • • 230 . State Sav and Trust 100 104 Union Trust Company ....370 420 Wash Bank and Trust Cos. . 104 —Liberty Bonds— _ Ist 3% s 101.40 10150 Hi 4% 8 102.50 102.60 2d 4Vs 100.74 100.80 3d 4V*s 101.30 101.40 4th 4V 103.00 103.10 BSlrili! 108.20 108.30 U I Tr 4s 104.20 104.30 U S Tr 3 4*B 101.70 101.80 10 share* Indpis. St. Ry at 40 VIGILANTE’S CAR GfiNE Auto and Bandit Warfare Equipment Stolen From Garage. A bank vigilante, in Indianapolis Tuesday night for the first State shoot of the Indiana Bankers Association, where he intended Wednesday to sharpen his aim for bank bandits, suffered the loss of his automobile and his weapons as well ag a large amount of ammunition to a thief, it was learned today. The thief who took the machine of F. W. Steelman of New Harmony and the shooting equipment of the entire Posey County vigilante organIxation from a garage where SteelBian parked, is at large, RABBI TO GET DEGREE . fsadore Goodman Given Vacation W to Study In East. Rabbie Isadora Goodman of Beth el congrejpLtion, Thirty-Fourth and Ruckle Sts., will relinquish his charge soon and depart for New York where he expects to continue his studies for a doctor’s degree? at Columbia University. J. A. Goodman, president of the congregation announced Rabbi Goodman has been granted a two month’s vacation which terminates in September. Mrs. Goodman, in a sanitarium at , Battle Creek, Mich., will join her i husband on the trip to New York.
New York Stocks * (By Tboinsoi * McKinnon *
•—June 24 _ Railroads— „„ Pr’ v Close. Low. 2:00. close Atchison ..1396, 135', 139'* 130 A Coast I. 220 216% 220 216% B. & 0... 95% 94 % 95 94% Can Pae. 165% 163% 164%- 103 ;/ C. &O. . . .134 4* 133 1344* 132% C. & N. W. 74% ... 74 74% C.. R. & V.. 53 52% o3 52% D A Hud... 163 ... 162 1 162% D & Lack 144% ... 143% 144% Erie ..... 36 % 36 % 36 % 3o V* Erie Ist pci 42 51, 41% 42% 41 Gt No pfd 77 76% 77 7b % Lehigh V.. 88 87% 88 87 , K C South 46% 45 Vs 4.> % 44% L. & N 134 M. K. &T. 38% ... 38 % 37% Mo Pac pfd 89 % ... 88 % 88 % N Y Cell.. 131% 130 4* 131% NY NH&H 44% ... 44% 44, No Pacific. 74% 74 74% 7_\ Nor & W.. 152% 152% 1 ->2 % 102 Pere Marq. 94% ... 94 9-.% Pennsylvan. 53 ... 51 % 5- % Reading 95% 93'* 94% .?4 % S Railway 117% 117% 117% 117% So Pacific 103% ... 103% 10.1% St Paul pfd. 5 , ••• 1% St L& S W 08% ... , 68% 67% St LSc S F 99% 9a % 99 % ?o% Union Pae 152% ... 1-?1 % 1-?1% Wabash 47% 46% 47 % 46% Wabash pfd 75 <4% <4% io Rubbers— Ajax 9 % ... , 9% 9% Fisk . .... 18% 18% 18% 18% Goodrich.. 62 ;>O% 5- 61/* Goodyr pd .. . • • • •• • 19 j % U eJ S V R > ub.. v 62 tii '6’i 61% Equipments— Am C & F. . . . ... • • • 100% Am Looo iO4 i03% 103% 103% Am Stl Fd . . • • • ■, . 439s Bald Loco i14% 113'A ill? 114 Gen Elec ... ... -•• 336% Lima .... 62 ... 61 A* d~ % Pullman ..180% 179% 179% Westh A B 129% 128% 129 128
WHEAT AND CORN SHOW STRENGTH Trading Extremely Dull on Chicago Board. Bu United Press CHICAGO, June 24. —Wheat and corn displayed strength today and closed fractionally above Wednesday’s close, although it was one of the dullest trading days that the Chicago Board of Trade ever has seen. Oats were steady in sympathy. There some buying of wheat early in the session on the strength of the Liverpool cables, but this met with persistent selling. Reports of hail and of further rain in Kansas however, caused a rally in which all of the day's losses were recovered, and a good fractional advance over the previous close was registered in all positions. Corn closed well above Wednesday for all deliveries. Prices advanced early in the day only to slump with wheat. Oats, like corn, advanced early and then sagged,’ and closing prices were irregular, but practically the same as Wednesday’s. Provisions closed lower because of extensive selling of lard late in the day. Chicago Grain Table —June 24 WHEAT— Prev. Open. High. Low. Close. close. July 1.37% 1.38% 1.36 A* 1.37% 1.37% Sept 1.33% 1.34% 1.33 1.33% 133% Dec 1.36 1.36% I.BSVs 1.36% 1.35% CORN July .69 % .70 .69 .69 .70 Sept .75% .75% .75% .75% .75% Dec. .77% .77% .76% .77% .77% OATS— July .39% .39% .39% .39% .39% Sept .40% .40% .40% .40% .40% Dec .42% .43% .42% .43 .42% LARD—Julv.l6.Jo 16.40* 16.30 16.35 16.37 RIBS— Ju1y.17.75 Nominal 17.75 17.90 RYE— July .91 .91% .90% .91 Vi .90% Sept .94% .95 .94 .94 .94% Dec. .98% .98% .97% .98% .97% CHICAGO. June 414.—Carlot receipt*: Wheat. 24: corn. 75: oats. 63: rye. 2. CHICAGO. June 24.—Grain close: Wheat—July, un %c: September, up %e: December, up %c. Com—July, up %e: September, up %e: December, up %<.•• Oats—July, up %o: September, off %e; December, unchanged. Provisions—Lower. CHICAGO. June 24.—Prim*ary receipts: Wheat. 1.071.000, against 708,000: corn, 461.000. against 419.000: oats. 347 000, against 419.000. Shipments: Wheat. 584 - 000. against 418.000: corn. 582.000. against 641.000: oats. 544,000. against 665,000. • CHICAGO, June 24.—Wheat —, No. 3 red, $1.40: No, 1 hard. $1.51 0 l.nl \ : No. 2. $1.50® 1.50%. low. 71 % ®72c; No. 3. 69Cf70Vic: No. 4. 69c: No. 5. 66% ® 07c: No. 6. 64® 06%e: No. 3 mixed. 69®69%c: No. 4, 66c: No. 6. 64c: No. 2 white. 72c. No. 3, 70c: No. 4. 69c: No 5. 67c: No. 6. 61% ®640. Oats—No. 2 white. 40®40%<’: No 3. 39 % ® 40c; No. 4,39 c; standard. 37c. Barley—63 <h 70c. Timothy—S6 ® 7. Clover —$12® 28. TOLEDO. Jiune 24.—Grain close: Wheat —No. 2. $1.48® 1.49. Corn—No. 3. 72% ®73%0. Rve—No. 2. 94c. Oats—No. 2. 43® 44c Bariev—No. 71 e. Cloverseed— Imported. $17.50: domestic. $22: October. $19.75: December. $17.58. Timothy Cash $3.65: September. $3.95: October. $3.85. Alsike —August. sls. Butter—4l ® 44c. Eggs—27® 29c. Hay—s3o.
Commission Row
Prices to Retailers Fruits Apples—Ben Davis, bbl.. $.3®4: Winesap. box, $2.600275 Beauties box. $1.65® 2.75: new apples. Transporants. 40-pound basket. sl®4: Early Harvest. $2.25 03. Bananas—B%c lb. Apricots California 20-pound box. Cantaloupe*—California, flat ert.. $1.50: oonv ort.. S3: standard ert. $3.60- >urabo erL $4.25®4.50: honey dew melons, crt.. ’"Cherries—California. 15-lb. lu*. s4® 4.50: Indiana. 24-*t.-crt.. $3®3.00 Oranges—California Valencia, crt.. $350 ® 6.25. Coeoanuts—Jamaica. $6 010. Gooseberries—lndiana. 24-qt. crt.. $2.50. Grapefruit—Fiona. #4® 6.26 Lemons—California, box. $5 05.25 Limes—loo $2.50. Pineapples—Cuban, crt.. $3.20. Raspberries—Red. 24-pt. ert., $4,600 5.50: black. 24-pt ert... $4.50. Strawberries—lndiana. $4 0 5.50. Plums—California, red. crt.. $2.25® 2.50f blue. crt. $2.7503: yellow, crt.. S2 20 02.50. Watermelons —Florida. $1.25. Vegetables Asparagus—H. G.. white, do*.. 600 00c: green doz.. 9Oeosl. Beans—Louisiana, hmp.. $.3.50. Beets—H. G.. doz. bunches. 50060 c Cabbage—Tennessee, crt.. $2.40: H. G.. 100-pound bbl.. $4.50. _ Carrots—Mississippi, hmp.. $2 02.25. Cauliflower —H. G.. crt., $2.5002.76. Celery—California, ert.. $12015. Corn—Texas, bu.. $2 02.25 Cucumbers —H H.. doz.. sl. Eggplant—Florida, doz.. $3. Garlic—New Louisiana, lb., 15® 20c. Kale—Foy. spring. 66 0 75c bu. Lettuce —Western, head crt.. $4 04.50: H. G leaf. 15-pound baekte. 75c. Mangoes—Louisiana, bmp.. $3 Mushrooms —Fancy, lb.. 75c051. Onions—Texas yellow, crate. $202.25; white, crt. $2.25 0 2.50: H. G. green, doz.. 30 0 35c. Parsley—Fancy H. G.. doz.. 75®00c. Peas—H. G. Telephone, $2.7503. Potatoes—Michigan white. 150-lb. sack'. $5.2505.50: Idaho, per cwt.. $5 0 5.50: Virginia cobbler, bhl.. $0.5007. Radishes —Mississippi. 30 0 35c doz.: H. G. button, doz. 50 000 c. Rhubarb —H G.. doz bunches 25 0 40c. Spinacn —H. G.. b!.. 05 075 c. Sweet Potatoes—Nancy Hall hmp. $3 25 0 2.50 Tomatoes —H G.. 10-pound bskt.. $1.75 —H. G.. bu.. $2.26 0 2.50.
Local Wagon *Wheat
Local grain elevator* are paying $1.37 tor No. 2 red wheat. Other grades are purchased on their merits.
Westh Elec. 09 6854 69 69% Steels— Bethlehem. 41% 41% 41% 41% Colo Fuel.. 42% ... 42 4t % Crucible ... ... 73 Gulf St Stl 75 74Vi 75 75 P R C & I 40% 4040% 39% Rep Steel. . 52 % ... 52 V* 52 Sloss Sheff... ... ... 133 U S Steel. 139 137% 138% 137% Union Afy. 30% 30% 30% 30% Vanadium ... ... ... 35 % Motors— Amer Bosch % . .. , ... 21 % Chandler .. 30% ... 29% 30*4 Chrysler .. 33% 32% 33 32 4* Cont Motor ... ... ... 10% Dodge .... 28 % 27 % 28 % 28 % Fisher Body 94 92 % 94 93 % Gabriel ... ... 33 % Gen Motor 142% 140 142% 140% Hudson ... 53% 52 Vi 5.3% 52 % HuPDn 22% 22% 22 % 22% JorSan ... 31 30 Vs 30% 31% Mack 117% 116 Vs 117% 116% Martin Par. 21 . . 21 21 Moon .... 23 % 23 23 % 23 % Nash 54 ... 64 54 Packard ... 41% 40% 41% 41 Pierce Arw. 26% 25-% 26% 25% Studebaker. 53 % 52 V* 6.3 52 % Stew-Warn. 73 4* ... 73 Vi 54% Timken ... ... ol % Willys Over 28 26% 28 25% White Mot. 58 ... 57% 67 Mining— Amer Smlt 127% 126% 126 % 126% Angconda . 46% ... 46 % 46 % Cer De Pas. 65 % ... 65 % 65 % Inspiration. ... ... 24% Int Nickel. 36'* ... ... .36 % Konnecott . 54 % 54 % 54 % 54 % Magma ... ... .39% Tex G& S 141% ... ' 141% 141% U S Siueltg .. ... ... 40% Oils— Atlan Refg 118 ... 118 118 Cal Petrol. 34 % ... 34 V* 34 % Freept Tex 31% ... 31% 31% Gen Petrol 66 65% 65% 65 Houston . ... ... 60 % lndp Oil , 24% ... 24% 24% Marland OH 61% 60% 61% 60% Md Ct Pet 32 ... 31 % .31 % P-A Petrol. 72 % .... 72 % 72 % P-A Pete B 74% 73 74% 73 V* Pacific Oil. 1 >/* ... i% 1% Phillips Pet 48 V* 4 7%> 47% 47% Union Oil . 52% 51% 51 % 51% Pure Oil ..27% ... 27% 27% Royal Dutc 52 Vi .. . 52% 5.3 Shell 25 % Sinclair . . 22 % ... 22 V* 22 % Skelly .. . 36 V* 35 % 36 35 % Std Oil Cal 60 . . . 59 % 59 % Std Oil NJ 45% 44% 45 45 Texas Com 55 V* 54 % 5.> <>■> Trans Ct. . 4 ... 3% 3% White Eagle .. ... ... 27V Industrials— Adv Rume'y . . ... 12 % Allis Chaim 87 86% 87 87% Allied Chm 12.3 122 123 122 % Armour A 16% 16% 16 VI 16% Am Can . 52% 62 52% 52 AH& L 8 A H & L p . . ... ... 4.3 % Am Wool. 24 24 24 ',* 24 % Co<-:iTCola 157 ... 157 Cont Can ..77% ... 77% 77% CerUl Prod . . ... ... 43 % Davison C ... ... 38 74 Dupont .. 2.31 % 229 230% 230% Fm Player 122% ... 122 122% Gen Asphalt 70% 69% 70 68 7, Int Cmb Eng 55 53% 54 7i 54 Int Paper .54 ... 54 52% lnt Harv. ... ... ... 123% Leows ... ... 38 May Store ... ... U^V; Mont Ward 71% 69% 71% 69% Natl !,ead. ... ... 160% Owen Bottle 66 6.- 66 64 % Radio ... 46 % 45 *, 46 % 4a % Rem Typew ... ... .108 Savage Arm ... ... 83 % Sears Rioeb 51% 517* 51% 51% TTntd Drug. . . . . . 156 IT 9C I P 190 186 % 190 186% U S In Ale 57% .. . 577i 57% Woolworth 107% 184 74 167 165% * Utilities — A T and T 140 1.39% 139% 140 Brklyn Man . . ... . . ■ 64 7i Cal G and E 81 % fOU Bi% 8' • Cons Gas 97 7* 96 7* 97 74 9b Vi No Amn Cos 51 50 % 51 oi's Peooles G .123% ... 123J* 123% St G and E 50 55 Va 5a % 06 % Wfi Union .146 74 ... 14a% ... Shipping— Am Sand C ... ... , .?'A Atian Gulf. 4a74 ... 45% Untd Fi-uit 110 ... 109% ... Food*,— A mil Sugar 70 69% 70 Calif Pkg .137% ... 131% 137% Corn Prod., litis 4n46% 46 1* Fleiechmann 47 74 4H*s 47% 46% Jewel Tea.. 34% .-. 34% ... Nat Biscuit 97 7* !'a ;4 97 SOU Pontiini . . . 94 '-ii ** n4 , * Ward Bk B 34 33 7i 34 7*, .3.3% Tobaccos — Amer Tob 110% ••• Am Tob B 116 7* ... 116% 1i6% Cons Cigars .. ... . • • , 60 % Willard . 39*4 .39 39% 39 Tob Pm B 104% 103% 10 4% 103% U C Stores. 92% ... 92% 92%
Produce Markets
Eggs—Strictly fresh delivered at Indianapolis. 25c. Butter (wholesale prices! Creamery, best grade a pound. 41043 c: buying price or packing stock. 21 0 22c. _ Poultry—Fowls. 24c: Leghorns. 24® 26c: old turkey* 23 0 24c: ducks 14 0 15c. Cheese (wholesale buying prices)—wtfconsin daisies. 24 0 26c Longhorns 24® 27c: Limburger 28k:. CHICAGO. June 24—Butter—%-e*>ints. 8.013: creamery. 38% 039: stWndards, 39%<■. firsts. 360 37c: seconds. 33 0.35 c. Eggs—Receipts. 19.342; ordinaries. 27c: firsts. 28c; seconds. 27 %c. Cheese—Twins. 19% ®2oc: Americas, 21c. Poultry—Re. ceipts. .3 cars: fowls. 27%®36e: duck*. 200.30 c: geese. 16c; springs. 21e: turkeys. 36c: roosters, 17c: broilers, 29 031 c. Potatoes —Receipts. 227 cars; new Southern Triumphs. 0 4.25. cobblers, $3.75® 4; California sacked long whites, s4' North Carolina barreled cobblers. $0,250 0.6a. CLEVELAND. June 24.—Potatoes—Alabama and Louisiana. $3 per 100-pound sack; Carolina stave. $6.75 0 7 per barrel; Mississippi Triumph. $4. Poultry—Heavy fowls. 28 029 c: Leghorn fowls. 26 0 2io; Leghorn broilers 30®32c: heavy broilers. 40®42c: cocks 17018 c: young ducks. .30 @33c; old ducks. 25 028 c. Butter—Extra in tub lots. 42 % 0 43c: extra firsts. 40% 041 %c; firsts. .37% 038 c: packing stock, 28c. Eggs—Extras, 31 %c; extra firsts, .30 %c.
In the Sugar Market
(By Thomson & McKinnon) NEW YORK. June 24.—Wednesdays trading in sugar futures consisted maonly of July liquidation and switches into the distant months. These operations again unsettled the market. But conditions .in tho spot trade and in refined continue satisfactory. considering the disappointing weather. It is reasonable to assume that a marked increase in buying later on will occur in consequence of delayed purchase now. Such a development will find ths far months responsive. Building Permits Dick Miller, reroof. 3130 N. Delaware. J. W Mitchell, dwelling. 152 Maderia, $1 800 Harry Spurgeon, reroof .1231 N. Onkland. $226. . _ • . John Bardmaker. garage. 1002 W. Thir-ty-First. $714. „„„ _ _ . John Stokes, garage. 620 E. St. Clair. $444 Edward Otto, garage. 80 Shiller. $325. J. V. Rawlnigs. reroof. 99 N. Ritter. 2?5 ' Fred Kroechel. reroof. 2064 S. Meridian. $276 Anna Simpson, reroof. 3242 Baltimore. Florence- Moffett, reroof. 72 N. Layman. $246 Mary Shattuck. reroof. 5211 Central. $346. „ _ Clara Kaiser, garage. 342 N. Drexel. $.330. Georgre Morrison, addition. 1133 Larch. S2OO. •P. ’ J. Hickey, reroof. 416 N. Arsenal. S2OO Martin Burk, reroof. 32.35 N. New JarPottage, garairp. 915 Eugene. Louis Cl on at. dwelling. 2318 W. Moms. *~i?<H?is Clonat. dwelling. 2314 W. Morriß james° iianids. reroof. 1206 Cburch“fc garage. 5361 Washington B! \v!' 3 Paugh. dwelling. 5351 Washington 81vd..59.700. James O Mara, reroof. 1009 Berwyn. S2OO Maggie Joslin. remodel. 2207 Barrett **J. G. McCullough, reroof. 233 8. Meridian. $438. „ . . n a W. B. Burford Company, reroof. 40 8. Meridian. SI,OOO. j, . RusseU Vflntreese. dwelling. 1019 Glad--BttCharh*s°Neal. dwelling. 2017 W. WilkiChartes>°H'artman. addition, 2036 N. Harding. $7,500. _ . . William Capliuger. excavate. 34 S. Addison. 5240. . .Charles Richardson, repair. 032 Agnes. $250. , _ __ „ H. H. MoNamee. garage. 4001 N. Pennsylvania. #SOO. . ~, .... H. H. MoNamee dwelling. 4501 N. Pennsvlvania. $9,000. George Schultz, remodel. Beech and Villa $450. Jose-Balz Company, dwelling. 5520 N. Delaware, SB,OOO. Jose-Balz Company, garage. 5520 N. Delaware. $350. , . L. J. Manlief. porch. 1445 English. $250. English Avenue 'Boys' Club. English and L, Company.. dwelling. 5202 Carroll tom. sds9flu
THE iEUIANAPOLiS TIMES
Lightweights Bring Top Price of $15 —Receipts 6,000. HOG PRICE RANGE June Bulk Too. Receipts. 18. 14.65® 16.05 15.15 7.000 19. 14 55® 14.05 15.00 5.000 21. 14 65® 14.05 16.15 4.000 22. 14.75® 15.15 15.25 7.000 23. 14,50® 14.90 15.00 9.000 24. 14150 ® 14.90 15.00 6.000 The porker market remained steady in trading today at the Indianapolis Livestock Exchange. Although the principal competitive market was higher the average receipts and the steady demand held the local exchange unchanged. The run of hogs was estimated at 6,000 and 1,381 hogs were held over from the previous session and added to the total fresh offering in the pens. Lightweight material brought the top price of sls and the bulk of the offering went to the scales at $14.50 @14,90. Hogs weighing 160-200 lbs., $14.90@15; 200-225 lbs., $14.70; 225/50 lbs., $14.60, and 250 lbs. and up, $14.50. Hog Price Scale Trading was done over the following range of values: Heavyweight hogs brought [email protected]; mediums sold at [email protected]; lights commanded a price of $14.90@15; light lights averaged sls; pigs cashed at [email protected]; smooth packing sows brought [email protected]; rough packing sows moved at [email protected], and stags were sll@l3. The cattle market was steady under the influence of average receipts, estimated at 900 bovines. Trading was active and the run moved to the scales at an early hour. Steers were priced at sß@ 10.25; heifers, s7@lo, and cows, ss@ 7.75. Calves Are Steady The calf market was steady to strong with a run of material estimated at 900 vealers in the pens at the start of the session. The generally expected top price was sl2. but a few odd sales were made as high as $12.50. The bulk of the offering went to the scales at $11.50@12. The sheep and lamb market was steady with a run estimated at only 400 ovines in the pens. I.ambs were steady at slo@ls, with the bulk of the good lambs going under the hammer at [email protected]. Sheep were unchanged at $7 and down; bucks, s3® 3.50, and yearlings. slo@l2. —Hoes— Heavie* $14.50® 14.00 Mediums 14.604114.70 Liffht hogs 14.90® 15.00 Light lights 15.00 Pigs 15 00® 15.25 Smooth sows 12.75® 13.25 Rough sows 12.00® 12 50 Stgs 11.00 ® 13.00 —Cattle— Good ot choice fat steers..s 9.50® 10.26 Common to medium steers,.. .8 50® 9.25 Baby beef 9.50®10.00 Common to medium heifers 7.00® 9.00 Cowb 6.00® 7.75 t —Calxes— Bret reals ....$12.00 Bulk of sales 11.50® 12.00 Common to medium B.oo® 10 00 —Bbrep and lambs— Lambs slo.oo® 15.00 Yearlings 10.00® 12.00 Bucks 3 00® 3.50 Sheep 7.00 down Other Livestock CHICAGO. June 24.—Cattle—Receipts. 10.000; good trade on all killing cattle: market strong: medium-weirht steers. SIO6O. heavies. $10.50; bulk. s9® 10.25: yef.rlings, $10.40' other classes steady: bologna bulls. $0.25®6.60: vealers top the packers at sll® 11.50: to outsiders at 512 and better Sheep—Receipts. 11.600: market slow: fat lambs steady to 25c lower: early crop natives. #15.50; bulk at $15.25: no early trading in west ems, bidding lower; sheen s eadv: some early sale* of ewe* at ss®6: California feeders and yearlings at $10.50 to traders. Hogs—Receipts. 25 000; market. 10c higher: top. sls: bulk. 513.75® 14.70: heavy-weighta $13.80® 14 65: mewr ’fcfesaft": parking sows. $12.26® 13: slaughter pigs. $13.25® 15. EAST ST. LOUTS. June 24.—Cattle Receipts. 2 000: market, nominal' yearling heifrrs. $8®9.25: cows. 55.50®6.50; cannexs and cutters 53.50® 5: calves. $1.25: stockers and feeders. $7.50® 8 25. Hogs—Receipts, 16.500: market. 10@20e up: heavies. sl4 25® 14.75: mediums. $14.50® 14.90 : lights.' $14.50®15: light lights. $14.60® 16.10- racking sows. $12.75® 1.3.15: pigs. $14.75® 15.15: bulk. $14.60® 15. Sheep—Receipts. 1.800: market. 50c lower on lambs: ewes. s4® 5.60: canners and cutters $1.304i3: fat lambs. sl4® 15. CLEVELAND. June 24.—Hogs—Receipts. 2.000: market. 10tel5c off: Yorkers. $15.25: mixed. sls: medium. $14.50: pigs. $15.50: roughs. $12.50: stags. $8.50. Cattle—Re<-elpt9. 500: market. slow: choice yearling steers. $9.50® 10.25: good to choice butcher steers. $8®9.50: fair to choice butcher steers. $7®8.50: good to choice Heifer*. sß® p. 30: good to choice butcher bulls. $6.50®8: good to choice cows. $3.50®6.50: fair to good cows. $4.50®5: common cows. s3®4: mflchers and springers. s3s® 80. Sheep and lambs —Receipts. 300: market, steady: top. sl6. Calves—Receipts. 500: market. steady: '“PITTSBURGH. June 24—Cattle Receipts light, market stead_,v; choice. slo® 10.25. good, $9.40®9.8.,: fair. $7.00® 7.75; veal calves. $12.50® 13. Sheep and lambs—Receipts light. market steady; prime wethers. s7® 7.50: good. $6.20@ 6.75: fair mixed. ss® 6. Hoes Receipts. 1.400; market lower: prime heavy. $14.7&® 15: mediums. $15.50® In. 00: heavy Yorkers. $15.50® 15.00: light Yorkers. $15.50® 15.00: nigs. $10.50® 1a.60; roughs, $11®‘12.40: stags. so®B. CINCINNATI. June 24—Cattle*—Receipts. 400: market, steady; shipping steers, good to choice. $9.50® 10 50. Calves—Market. 50r off: good to choit*. sl® 11.50. Hogs—Receipts. 3.300; market steady to 10c up: good to choice packers and butchers. $15®15.10. Sheep Receipts 500: market, steady: good to choice. ss® 7. Lambs—Market. oOc lower: good to choice. $15.50® 16. TOLEDO. June 24.—Hogs—Receipts l.OOO: market. 10c up; heavies. $14.20® 14.65: mediums. $14.85®d0: Yorkers. *ls® 15.25: good Bigs. $15.26® 15.50. Calves—Market, steady. Sheep adn lambs —Market, steady.
In the Cotton Market
(By Thomson A McKinnon) NEW YORK. June 24.—The private reports preliminary to the jroremmental. are evidently roinp to be bearish. I have my own ideas about the crop, but the market jaw! now is for the trader who will take moderate profits on either side. LONDON ATHLETE HERE Nations Could Settle Differences by Games, He Declares. Captain Percy Redfern Creed of London, famous English sportsman, journalist and athlete, was guest of honor at an Indianapolis Club luncheon of the Americanization Commission of the American Legion today. “It is just as feasible and just as sensible to settle difficulties between nations on the soccer fietd as on the field of battle,” he declared, pleading for the spread of sportsmanship and that war be ruled out as unfit to be participaAd in by true sportsmen. PAY SCALE SUBJECT Requests for adjustment in the pay scales in the secretary of State's office and the conservation department are the principal matters the State legislative finance committee will face when It meets Friday at the Statehonse. Routine business will keep the committee In session through Saturday, acorn-ding to State Examiner Lawrence 7. Orr. v - \ r '_ > .V , • •••t* w ~v
COOK'S GRIP ON SENATE WEAK, ■ RECORD REVEALS • Has Had More Opposition on Appointments Than Any Other President. By Roaeoe B. Fleming Times Staff Correspondent WASHINGTON. June 24.—Th-i bitter senatorial fight on President Coolidge's sixteen appointments to the new Federal tax board was merely the latest incident showing how weak a grip' he has upon the Senate, in the'securing of confirmations of his nominees. Appointment after appointment has either been hurled back at himor confirmed only after the hardest sort of a battle. Veteran Washington observers say no other President of modern times has had so much of this sort of trouble. Dawes Napped Coolidge's outstanding battle, of course, was that for the confirmation of Charles B. Warren as attorney general, which ended in defeat when Vice President Dawes was called from his afternoon nap to break the tie vote in the Senate and arrived too late after a wild taxicab ride down Pennsylvania Ave. The White House swallowed another bitter pill when the Senate rejected the nomination of Wallace McCamant of Oregon to be a member of the United States Circuit Court of Appeals in the Ninth district. This nomination was especially close to Coolidge's heart because Judge McCamant seized the psychological moment in the Republican convention of 1920 to nominate Coolidge for vice president, this being the strongest link in the chain of events which led the latter to the White House. Three Withdrawn Recently the President withdrew the renomination of Judges Thomas M. Reed and Elmer E. Ritchie to be United States judges in divisions 1 and 3 of Alaska and Arthur G. Shoup to be district attorney in No. 1. All three had been unfavorably reported by the Senate Judiciary Committee as unfit for their petitions. Numerous nominations for smaller offices also have been withdrawn or defeated. But that doesn't end the list. In the nominations of Harlan F. Stone for attorney general, Thomas F. Woodlock for the Interstate Commerce Commission, W. E. Humphrey for the Federal Trade Commission and others, the President has secured confirmation only by careful political maneuvering and after months of delay. And he has never sent the names of United States Tariff Commissioners Baldwin and Brossard, high-tar-iff advocates, to the Senate at all, although that body has been in session nearly seven months, and the appointments were made last summer. Presumably he is waiting until the present row over the tariff commission has died down a bit, and doesn't want to add fresh fuel to the flames of criticism of that body by giving senatorial critics of the commission a chance to talk about the appointments.
RUCKER WRITES BRIEF Seeks to Prove (’tty Rond Issue Covering Debts I^egal. To prevent costly lawsuits. Alvah J. Rucker, corporation counsel, today was preparing a brief in which he hopes to convince tax authorities that city authorize to defray unpaid bills of the last city administration 4s legal. Union Trust Company officials* refused to accept the bond issue which they received in competitive bidding when Charles Remster, tax expert, deemed it illegal. City officials had first planned to allow creditors to obtain court judgments for which it was contended a bdhd issue was legal. Hfiwever, Rucker has taken the stand that the process would mean needless and costly litigation.STATE ASKS FOR BIDS Seek Price on Remodeling Old Medical School Building. Estimates were being obtained today by Ben Pierce, Statehouse custodian, on the cost of remodeling the old medical school building at Capitol Ave. and Market St. to accommodate the State museum and a few scattered departments of the State board of health. More room is needed in the basement of the Statehouse for the automobile license department. OHIO PLEA GRANTED Governor Approve** Exxtradition of Bhiffton Woman. Governor Jackson today approved the extradition of Florence Sheneman of Bluffton, to Tiffin, Ohio, where she Is wanted in connection with the theft of more than $1,700 worth of women's apparel. The Sheneman woman was implicated recently in the fatal shooting of an Anderson policeman w r ho attempted to arrest her and another woman and two men. One of the men, Ed Garner, committed suicide in thp Anderson jail. CONDUCTOR HELD UP A lone hold-up man robbed Roy Newlin, 129 N. Mlley Ave.. conductor on a W. Michigan street car. at Tibbs Ave., Wednesday night and escaped with $6. Newlin said the man entered the car, took a seat and thrust a gun at him as he walked past. The bandit heeded Newlin'a plea that he needed hie money chancer to work, hot took the money and leaped from the car.
White Strawberries at City Market Miss Dorothy Herd. 3947 N. Meridian St., created a ripple of excitement when she displayed anew specimen of white strawberries on
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Miss Dorothy Hera
SAYS MILES WAS PAID FDR WORK (Continued From Page j) court room when Homer Elliott, attorney for Young, rested his client's case, immediately after Young left the stand following his testimony in his own behalf. m The courtroom expected Miles to take the stand, because it had been reported the attorney was to testify as a character witness for Young. Ward said he was prepared to batter Miles’ testimony if Miles had taken the stand. Denies Connection Miles, during a recess, again denied that he was in anyway connected with the conspiracy. Ward announced that he will personally look into the Anti Saloon League's connection with the immediately after the trial is completed. E. S. Shumaker, League superintendent. and Miles visited the district attorney's office in Indianapolis on behalf of Young last week beforee the trial, it has been disclosed. When Young testified that he. had paid the money to Miles for investigation, Judge Baltzel com mented; “This man Miles is not a Federal officer.’’ During The testimony of Young, Miles sat in the corner of the courtroom and stared constantly at the floor. SSOO Salary, SII,OOO Extra On direct examination. Young said that he received SSOO a year salary as prosecutor and that altogether his fees and other connections netted him SII,OOO annually. Elliott asked Young if he had conspired with *he defendants in the alleged conspiracy to violate the liquor law. "I did not. Most emphatically, 1 did not.” Ward then began the cross-exam-ination. “E. A. Miles has no connection with the Federal prohibition force has he?’ Ward asked. "No, said Young. "Yet you paid him $450 to investigate liquor cases while you were paid more than $9,000 a year to prosecute them. Was it your purpose to have them investigate the cases in order that you might get your fees from the prosecution of those cases? Young said he had no such purpose in mind. Ward said: "You didn’t intend to go, without getting that $450 back, did you? You knew you would get it back through fees in prosecuting the men, didn’t you?” . Young said he did not intend to do anything like that. "You didn't get any fees back from James Armstrong, did you?" from no other person in this case.” Ward then went into the statement of Harvey Smith, Knox County deputy sherriff. a defendant, who testified that SBOO was put up to transfer Armstrong’s case from Federal court to the Knox County Court. Case Transferred "You took it upon yourself to get Jim Armstrong's case in Federal Court transferred back to your court so you could prosecute him, didn't you?” Ward asked. "I did not,” Young replied. Ward asked Young if he did not telephone Miles and talk to him aboiff getting the case transferred to tne Knox County court. "Yes,’’ said Young. "I wanted to prosecute him immediately.” Young then testified that he received a fee of from SIOO to S2OO in each rase of abatement proceedings that he successfully instituted. "Did Miles get any of it," Ward asked. "No, I divided SSO of it with Hammett Hinkle for a while.” “Was he associated with you in this work,” Ward asked. “He was when we started out.” Cases Delayed Ward brought out in the cross examination of Young that Young permitted several liquor cases against Vincennes bootleggers to be unprosecuted for a long time. Ward showed that a case against August Kroeger was not prosecuted until April 9, 1926, shortly after the Federal grand jury began its investigation of ths Vincennes conspiracy. Young testified that he wa-person-ally acquainted with Roy Robinson, disbarred Vincennes attorney and defendant. He said before Robinson's disbarrment, Robinson had dropped in to see him frequently in his office. Toung said that they did not fiiscuss any liquor cases pending to Knox County oourt. Young stated that whan he was
her stand at the city market. The berries are about the size of a blackberry and have a sweet tuste, al though they retain the characteristic strawberry flavor. Miss Herd Is shown holding the box of white berries beside a box of homegrown red strawberries. The white straw berries wefe grown by George Wesehler, a farmer living three miles south of Indianapolis on the Bluff ltd. George Hitz & Cos., comjnlssion firm, handled the berries. Wesc h 1 er intends to grow the fruit in quantities large enough to make marketing profitable.
running for office tlie first time, lie visited all business men in town, including bootleggers, to solicit* votes. lie said that when he was campaigning for a second term lie did not do this. Elliott then rested Young's case. Deputy Sheriff Smith was called to the stand by H. R. Lewis, attorney for Corbin Summers, Smith testified that .he had made no arrangements with Summers permitting the latter to violate the prohibition law. F. F. McNaughton, Bicknell newspaperman, and William Crowe, former prohibition agent, testified to the reputation of Roy Chambers, Knox County sheriff, a.* a law abiding citizen. The five defendants on trial are Chambers, Armstrong, Young, Pro* per J. Thomas, operator of the Southern Barbecue at Vincennes, and Summers. Young, on the stand Wednesday, pointed to his record of trials and convictions for liquor law violations in the Knox County court as evidence of an effort to enforce the dry laws. Robinson, according to the testimony of Young, frequently sought his advice on legal matters and borrowed law books until he was ordered out of the prosecutor's office because of a boast that he had influence with tile courts. Tells of Statement Curtis Shnke, Vincennes attorney appearing as a defense witness, told of a written statement which he said Harvey Smith, deputy sheriff of Knox County and one of the defendants who pleaded guilty, had drawn up. Shake said Smith -told him the statement contained information involving certain Federal prohibition agents in shady liquor transactions. The statement. Shake testified, asserted Roy Chambers. Knox County sheriff, had been forced to turn S4OO over to a Federal prohibition agent. The statement. according to Shake, also contained information that Smith had been bargained with to v.urn witness for the Government on promise of leniency.
WOULD ELIMINATE FIRES AT DUMPS Ordinance on Subject to Be Introduced. Correction for the fiery condition of city dumps where it has been found necessary to station fire department apparatus constantly is the object of an ordinance preventing dumping of inflammable materlai on dumping grounds. , which Councilman Otis E. Bartholomew will introduce at next city council meeting. Designated ns inflammable materials are paper cartons and boxes, wooden boxes, oil waste, excelsior, automobiles or parts, rubber and tires, oil paper, scrap paper and garbage. Among the most objectionable dumps affffected are those on Minnesota St., Southeastern and English Aves., Fall Creek Blvd. and Northwestern Ave. SALARIES $15,000 NORt Rut Building Departm.-nt Will Operate on Nearly Same Amount. Salary increases for officials of the city building department and "some additional help” will raise the estimates for salaries in that bureau from $15,000 to $20,000 In the 1927 budget, Bert J. Westover, building commissioner, estimated today. The boosts are provided in the new city building code adopted several months ago by city council, too late to insure the added pay for the officers in 1920. However, Westover said there would be little change in the total he will ask the hoard of safety to recommend for appropriation to his department. ' —. • TWO SAY SCOTT SANE Alienists Tighten Noose Around Slayer’s Neck. Bu United Press CHICAGO, June 24. —Two widelyknown alienists, both attempting to add to the web of evidence with w’hlch the State hopes to hang Russell Scott, today testified before Scott’s second sanity iury that Scott is sane. Dr. Ralph T. Hinton, superintendent of the State hospital at Elgin, IIL, corroborated the testimony of Superintendent Frank A. Stubblefield of the Chester Hospital, where Scott was incar oersted, who testified that Scott is sane. Dr. Paul Schrader. assistant State crfrninolocttrt. alee rave hie opinion that Scott le not Insane.
PAGE 11
DECIDE DATE OF WHALEY TRIAL ON NEXISATURDAY Employment of Assistant in Highway Cases Cause of Added Delay. Prosecutor William 11. Remy will know Saturday whether he will be oble to go to trial in Criminal Court next Thursday In the ruse of C. William Whaley,. machine dealer, charged with grand larceny growing out of alleged irregularities In the disposal l>y the State highway commission of surplus war materials, Remy said today. Remy declared that he Is ready to begin the case, but intimated that since he ia to have ean assistant in the prosecution he will have to ask tho causa be passed. , Judge Janies A. Collins said that If the case is passed it will probably he set for September. The trial of Moses nnd Victor Goldberg, Junk dealers, also charged # with grand larceny, had been set for July 6. Trial of John D. 'Williams, highway director; George Bartley, former equipment suj>ertntcndent; Karl Crawford, former road body commissioner, and the Goldbergs. Jointly charged with conspiracy to embezzle, had been set for July 12. If the Whaley case Is tried at a later date, the others will follow, lt was explained. FAVOR CHANGE IN STREET CONTROL Meridian, Capitol Slated to Be Mere Thoroughfares. Extension of the business district north on Meridian St. and Capitol Ave., advanced several steps today wit hthe announcement that converwith the announcement that conver-ty-Eighth St., from boulevurds to streets, will be favored by John E. Milnor, park board president. The board today was to consider a request of city councilmen and board of works members for the changes. Roy C. Shanelierger, board of works president, said tlie thoroughfares may lie Improved and widened as streets while lack of iwrk board funds seems likely to delay the project while they are Uiulevurde. The park board now has under consideration petitions from the Peoples Motor Coach Company nnd the Indianapolis Street Railway Company for permission to operate buMes on Capitol Ave. In the past the park board has kept busses off the boulevards.
MANY HAPPY RETURNS FOR CINDERELLA Peaches Browning Celebrates Sixteenth Birthday Bedecked With Gems. 81l 1 nitcd l‘rr NEW YORK. June 24.—A twentieth century Cinderella celebrated her sixteenth birthday today In an atmosphere equal in cxtravugnnve to the ancient tale from Mother Goose. Last year the daughter of a humble eßronx nurse, today the jewella vished brido of a millionaire Prince Charming, Francis “Poaches” lleenan Browning was reveling In the lap of luxury. last night "Peaches" was honored at the Victory Club, of which her husband,.Edward VV. Browning, 53, is an affluent member. At the party were scores of girls of Peaches’ age and men the age of Browning and many In between. In a brilliant ballroom Peaches danced, dined and laughed In a scintillating gathering. Bedecked with diamonds—hundreds'of them, the little Bronx girl was truly a happy Cinderella of an liidulgent Prince Charming. She acknowledged her happiness every time she was nsked. REINDICTMENT IS ASKED Judge Directs Conspiracy Charge Be Changed by JuryAfter the £h*te had presented Its esse against Miss Margaret era, James Rector, alias Collins, and his wife. Mra. Irene fleeter, Ift, all who formerly lived at 421 N. Illinois fit.. Apt. 10. and who are charged with conspiracy to commit grand larceny, Criminal Judge James A. Collins referred the matter hack to the grand Jury. The court directed that the trio he Indicted for grand larceny. Prosecutor Remy Introduced as evidence women's apparel said to have been stolen from downtown department stores by the three. The merchandise was seized In their apartment.
We Pay 3% irChecking Accounts The J. F. WILD &. CO. STATE BANK 123 East Market Street. T ~
