Indianapolis Times, Volume 38, Number 228, Indianapolis, Marion County, 29 December 1926 — Page 13

DEC. 29, 192t>

HOGS DROP 10 CENTS ON LOCAL MARKET

DROP* OFF IN LIST RESULT OF NEW PRESSURE Industrial Leaders Slip From Recent Highs. Average Stock Prices Average of twenty industrial'! Tuesday was 157.10. off 2.13. Average of twenty rails, 120.02; off 1.311. Average of fortybonds, 00.09, unchanged. Ihi I nHal Prrsi t NEW YORK, Dec. 29.—The Wall Street Journal’s financial review tolay says: Further heavy selling- took place in the early dealings both for the account of traders with long lines vlio feared extension of Tuesday's lecline and for the bear operators svho wished to bring it about. As i result the general list was under pressure and additional recessions accurred in many active stocks. Allied Chemical, which led th(F previous day's reaction, syirt off fractionally to 134%, and Studebaker lost % to 53V t , while General Mohtors, Steel and other industrial load "era were supplied around low levels of the movement. However, good buying- was reported under the market and this L demand cut down the siza of the fc-arly losses. I'OKKIGX EXtn.YNGKt J'aitc* l Prrsx ■ NEW YORK. Dr,-. ”9—Fortin *\- ■Aaim opened *toad.v. Demand ntvi-lins. ■£4,85 1-10: francs, d.OOc lire, i.iiiCt'. f\n n £ nc: marl <8. 23.82 c. off .00 Cos; belpa. ■ i.L!)Oc. BEARISH TREND IN ALL CEREALS \ Sentiment Continues Following Grain Liquidation. Bn I nil cd Press CHICAGO, Dec. 29.—Sentiment continued bearish on the Chicago Board of Trade this morning, following the general liquidation of yesterday. Wheat opened unchanged to %c lower. Liverpool was lower and reported keen competition from the Argentine. Buenos Aires also was lower. Many long lines of corn went overboard here yesterday and a bearish sentiment continued to exist in tils pit today. Opening prices were 0 lower than ft-esterday’s close. w Oats opened unchanged from the previous close. The grain continues to follow the lead of the major grains and displayed little independent strength as the pit opened. Provisions opened lower. Commission Row PRICES JO RETAILERS EUCJTS • Apples—l'uue.v Grinn-s Golden tib! $5. Indiana Jonathans, bbl., s4® 4.50; DeliCioua. -40-lb.. $2; Greenings. -to-lb. basket $1 ..o. Cider—s 4 5(1. (l-gal rase Cranberries—Jersey Howes. 0 bbl., $5 viP° uuts —fancy Jamaica:. sack <;i 100 50.50. „ Date?—bulk, 10®lle lb.: I-'ards. 12 lbs.. S2 40: Dromedary, *6.10, , ( f,W s T7 ! i!? yl ' na - -f 1.49(112.10: California. SI. 2 5 (<il. 75: strings. 12c; rings. 14e: stewing. 14c: Sweetheart. $0 ease. Crapes—Emperor. $2.75 per lug. Grapefruit—Extra fancy $3.50® 4 fancy, $8.25® 3.60 Honey—24-cas- crate. $-1.50® A. Uumquats—Florida. 20c ut. Lemons—California #4.2504 75 Limes—Florida 100 #2.60 Nuts—lndiana chestnuts lb., 15023 c. Bhellbark hickorynuls lb. 203 c: black walnut* 303 He lb.- English walnuts. 30 038 c lb Oranges—Florida. #404.50: California navem, 4.r>0®0.75: luney. #4 50 0 0.25. . Pears—Oregon Cose. <6.50 box: Oregon' D Anions on box Persimons —Calilornia Japanese 52.25. Pineapples—Cuba, crate. $5. Tangerine—f londa. $2.50 0 4 SEA foods Oysters—Gal.. #2.40 02 85 VEGETABLES Artichokes—California. SI dozen S4 OO**'* —Dlorldu green Der hamper Urusseis Sprouts—Fancy California' 25c lb Cabbage—Holland Beed. 20 e lb.: red cabbage. 5c lb. Cauliflower—Crate. $2.50. Celery—Mjchisraii. guuarca or flats Michigan rough. $3.25: Michigan Jumbo. $1 dozen; California. 50.75. Celery Cabbage —Mux .ti 1.60. Cucumbers—Florida. S3 dozen, A Eggplant—Florida. $2.50 per doz W Garlic—Fancy. 12’Ac ib. W Kale—Kentucky sack $1 f.O: H G.. 7oe per bu Lettuce—Western iceberg, crt., $4.50: H. 0.. hothouse. $2.10. Mangoes—Florida peppers. $0.50 Mushrooms—Pennsylvania $1.60 lor 3lb basket. Onions—H. G. yellow. 100 lbs.. #2.75: Clan Valencias ioo-Jb bag $2 50' spanish. crt.. $1.75. Oyster Plant—H G. 45c dozen _ Parsley—H. U. 60e per bunch Peas —California $7.00 i-er orate Potatoes—Michigan round white sack $4.25: Minnesota early Oliios. 120-lb. bag. $4.23; Russets. $3.75. Radishes—Southern long reds 25c: hothouse buttons. $1 10. Root Vegetables Turnics. bu.. $1: parsnips, bu.. $1.60: carrots nu . #1.50: Canadian rutabagas #2 cwt.r H G.beets biij. #1.50 Shallots—Louisiana 85c dozen Spinach—ll G bu.. $1.25. Suuash—H. G. Hubbard bbl.. #2.60. Sweet Potatoes—lndiana Jersey bu. *2.50. i Tomatoes—Six-basket crt.. 8: hothouse. *3 basket.

Produce Markets

Hutu- i wni*"#H't- -.ri.-.0. _ Creamer? best vrade. a pound, 54 fii 56c’. Butterlat—Lociil dealers pay 53@55c. Cheese iwliu.esale selling urlcesl Witeonwn Ornate* 24Crt250- Longhorns 24 it 270: Ltmburger. 37c. Ke.“—s.ri.iiy iresh delivered at Indian apoli*. 40ifi42e. Poultry—Fowls. Clfii23c: Leghorns. 13 @lsc: ducks. 10® 18c.

Local Wagon Wheat

Local grain elevators are paying $1.25 on their merits. W I.QSES SECOND Bn United Press ' EAST CHICAGO, Ind., Dec. 29. In its second game of its holiday invasion of northern Indiana Washington High School basketball of Cedar Rapids, lowa, lost to the locf * ’Tr-’ol team, 23-16. V

Miss Caruso Grows

Tlu> glorious Kniico (aruso's little (laughter, Gloria (right), has grown much since lies- p'eture was last taken. This shows her arriving at New York with iter mother, divorced wife of Captain Ingraliam. of the British Army, and Jacqueline Ingraham, Iter little stepsister.

New York Stocks a (lt> Thomson & McKinnon)

—Dec. 29-— Railroads— Prev. High. Low. 1 :00. .lose. Atchison ..in: 104% ion Id*. At Coast L 204 . . . 2tX 203 B, & 0....107 108% Hill i 107 Can Pacific 185% . . 105% 19d C. &O. . . .182 ... 101 % Kl 2 0 C. & S. W. 79% ... 78 0 78% C. K. A- P.. 8K ... 07 0 US Del & Hud 173 ... 173 174 D. I & Lack 148 *4 ... lld % lid'Erin 40% H 41’, Erie Ist bid 52*i 52% -•';% , (it No pur 82 u 81 % 820 81% Lehigh V. Hl| i K C South .11 . . II 41 }< M. K. Sc T.. 32% .. . 32*4 32 0 Mu Pile pfd 91 . . 90 0 ,90 0 N Y 0n... 142 0 140 0 111 1410 NY NH&H 42 0 . 42 42 0 No Pacific. 80 . .. 80 80 0 Nor & W.. 157 0 157 0 l -;8 Pennsylvan. 68*4 . .id 1 1 ->d 0 Reading . . 94 0 . 94 4 8. Railway 123 0 I '.".’ I'.-10 So Pacific 110 109 0 109% 109 0 $). Paul s?s SI. Paul nfd 18% 18 18’,* 8 L & S W I>3 S 1, & 8 F lor’-j . . 191 1010 I *ll ion Pac 180 _ Ido 180 0 Wabash . 40% w 40.40% Wabash pfd 750 ... <•> r < J % Ajax 9% ... 9 0 9 0 Fisk ]U Vs ■ Id 0 l']* Goodrich .. 44 43 0 43 0 43 .. Gdyr pfd.... ■ ■ •■ • *'9 Keily-Spg.. . '0 0 10 10 0 100 U $ Rub.. 790 57% .S 59% Am C l Fd 101 101 4 01’, Am Loco. 1080 10; 0 108 108 Am Stl Fd. 40 V . ... . ... ,MU Bald Loco 183% JOO 162;. K>l Gen Elce.. 840 84 0 840 84% Lima • N Y Airb.. 42 0 ... j- 0 4,0 1“ Steel Car 40% . 40 Ja .40. Pullman .1850 183 183 ;* 484 •* Westh A B 342 1 11% 142. 11l ’.Verth Elec. Oil 0 . 08 0 09 Dethlrhfni . -fO s 46 •:% 40 y Colo Fuel . 43 0 .. . L'l 43',j Cl n- iblo . . 80 79% 80 HO Gulf St Stl 55 . . . s}o a-* 2 P it C & I. 4 1 43% I* 4 4 Rep Steel.. 50 0 ... Ad 0 -;% Sloes Bhefl... ••• ■ • • 1290 r S steel .157 0 155 0 157 0 158 Alloy 29 0 Vmoidiunl t . . . ... 300 Xlolois Am liow-li.. 100 ... 100 100 Chandler .. 21 0 ... 21 21% Chrysler . . 4L% 41 410 410 Coot Motor. 12 0 12 r 's l’l-'* 12% Dodge .... 27 0 ... 20% 27 0 Peerless ... • • ■ 38 Gabriel .. . 29 . . 29 29 G* ii Motor 150 1530 150 155% Hudson ... 520 501* 52 0 51 % II UP! % ... 21 % 21 % Jordan ... 20 ... 20 20 Mm k . . 97 0 90 0 97 0 9~ Moon ..... 12% ... 12% 12% Nash 08% 07 07 0 08 0 Packard ... 35% .. 35 * 30 0 Pjeiee Arw. 22 0 .. 22 0 22% Studebaker. 54% 53 U .54 0 54 Stew Warn. 04 0 ... 04 03 0 Timken ... 800 70% 80% 79% Willy* Over 22 0 . . '.’! % 22 0 White Mot. 57 0 50% 30% 57 Mining— Am Smelts 115 142% 144 0 ltl% A njeonda .. 48% 47 0 48 48 Cer De Pas. 62 lit ... 81% 02 Inspiration. ... ... 25',* lot Nickel . 37% 37% 37% 02 Kennecott .. 02 81% 01 0 02 % Te.v O & 549 0 ... \ 48 7 i 49 U S Smelts 3|gi . . . 30 36 Oils — Allan Refg 1140. ... 113% 1140 Cal Petrol. . 31 0 ... 31 0 31 Fi t ('lll Tex. 31 .. . 33 % 33 %

Out Our way

f There '. 'No i vou'v/e passed To do Tvt place -There, l B |fSfe, SCRWtH,N£ ’ J AAt-UATs it ! J our Danov cl' ma ~ s^c. • mlnier -too Busy T'dq Sump m per a fe.lleß\ „

Hoouston f ... ... ... 81 % Ind Oil ... 30 0 29% 30 0 29 0 Marl Oil 57% 57 57% ud % M Cos Pet. 34 0 33% 34 33% P-Am P B. 07 % 07 0 07 0 07 0 Pao Oil 1 % I’ll Pel ... 50 0 ... 35 0 ._>.% i'u Oil . . 58 0 ... 56 % .0 l'u Oil .0 27 0 ... 27 0 27 0 Ku.v Du ... ... 62 % Shell 29 0 . . . -59 0 29 0 Sim air .. 190 ... 100 19% Skelly .... 310 ... 34 34 St () of C. 58 3 i ... 58 0 .>B% St O nf N J 38 % . 38% 38% Tex Cos .. 58 % 50 0 68 % 60 0 Tr lYt . . 47, ... 4% 5 Inilustri-.lie— Ad Ro 9 0 A! dial . . . 89 % ... 89 '* 89 At Ch ....135 0 134% 134% 134% Arm A ... 15 .. 15 15 Am Can .. 50 0 49 % 49% 50 0 A H & L pf 50 A Sa Ra. . 50 •% . . .50 % 50 % Am Wo .. 32 0 32 0 32 0 32% Coro Cola .172% .. . 172 171 0 Coot Ca ... ... 72 0 Cer Pds 410 Dav Ch .. 280 . 28 0 28% Dupont .. 1770 4740 174 0 1700 ■Fa PI 113 0 ... 113 113 Gen ASP .. 81)0 ... 87% 88% In Cos Eli.. 50% ... 49 0 50% Tilt Pa .. . 55 0 ... 35 57 lot liar ..I*3', . 142 142'-'-M 1) St... 130 0 130 130% 137 0 Mt Wd ... 07 ... 00 07 Nat Leal .108 ... Ids 167 0 Ow dot . . 77 . 77._ 77 0 Kudu 50% 55 0 ,3,i** 55% Rial i-llk .. 14 43% 44 43% So Booh .. 54 53 0 53 0 53%' I util Drug lOd 0 105 0 100 100 US Oil- .231 220 0 229% 229 P S In Ale. 77 70% 77 77 Wool worth 184% 182 0 182% 185% L'tilltle*— A T and T 148% ... 148% 148% Am Express . . ... . 1.-p) Am Wt Wks 61 . . 01 01 0 Brklyn Mail 74 09% 71 09'., Col G and E 88% ... HS% hh % Cons Gas ..198 0 ... IOSO 108% lntcrboro .... ... ... 47 No Amn Cos 40 0 ... 40'* 40 Peoples Gas ..... 12K Phila Cos ... 87 St G -.and E ... ... ... 50 VVn Union.. .. ... .. 140 0 Shipping— Am Int Cnn .38% . 38% 38 0 Am Sand C ....... . ... 50 Allan Gulf ... ... 39 XM M pfd. 38% ... 38% 37'1 Until Fruit 118 ... 118 118 Foods— Am Sugar.. 80 0 ... 80 0 80% Am Rt Sup 23 .. . 23 23 % Austiu Nicn .. ... ... n Beech N Pk .. ... .. 59 0 Calif Pkg. . 09 ... 09 080 Corn 4“rod. 50 ... 49 0 50 CubaCnpf. 40% ... 46>. 40% Cu Am Sug 26% .. . 26 0 27 Floisehmaini 47 ' 40% 47 400 Jewel Tea. . 53 ... 52 0 52 Nat Biscuit 97'0 90 0 97 97'i Punta Aleg . . , ... 44 % Postum ... 98% 98% 98% 98 0 W aril Bak B 30 ... 30 30 >, Tobaccos— Am Sumat. 410 ... 41*4 41% Amor Tub too?* Am Tob Cos 121 0 ... 120% 1210 Cons Cigars 830 ... 83 83% Gen Cigars. .. ... ... 540 Lorillard ... ... ... 32 R J R.vnlds. . . ‘120% Tob Pro B 108 ... 107% 107% IT C Stores. . . ... , >. pn ' Schulte R S 50 49 % 5(8 60

THE INDIANAPOLIS TIMES

Ail Other Stocks Continue With Little Change in Prices. —Hnc Price Kanxe—--o*c. Bulb Top Receipts ■lB. 14 80 11.80 5 500 i 23. w. 11.86 11.90 3.600; 12.00 12.10 2.000 12.40 12.50 4,50(1 28. 12.25 12.35 7 000 I -9. 12.1 u 12.25 6 500 Hogs sold 10 cents lower on the hundredweight at the Indianapolis stockyards today. Estimated re ceipts were 5,500, a smaller run than Tuesday. Added to these were 158 porkers held over. The bulk of the sales* today were at the price of $12.i5 per hundred-weight,-and the top was $12.25. Both of these marks are 10 cents below Tuesday's. Hog Price Itange Most weights from 120 pounds up sold at the bulk rate of #12.15. It was a few selected lightweights that made the $12.25 top. Smooth light sows were quotable at $11.25, pac king sows at slo4*. 11. Cattle receipts dropped off to 900 today on a steady maiket. The lint Included beef steers at $7.504110.50; beef cows, sj(f*C.so; low cutters and cutter cr.ws. i3.so(fr 4.75; bulk stock and feeder steers, [email protected]. Calves I'nchanged Seven hundred vealers formed the fresh run. the market being about steady. Best vealers were still sl6 down. T.ittle was done in tlie sheep and lamb market today, with 700 head received. Steady prices were asked. This set top lambs at $12.75; bulk fat lambs. sll If 12.75. bulk cull lambs, ewes, $6 down; bucks, $2144. —Hoc*— Receipts 5.500: market lower. 120 300 His $12.15G 12.25 300 lbs. up Indefinite —Cuttle— Receipts 900: maiket steady to strong. Reel steers #7.50 M 19.50 Bulk stock and feeder steers. 9 50-5 7.75 Beef cows 5.000 0.50 Low cutters and cutter cows 3.504.75 —tolveo— Receipt* 700: market steady. Rot vealers #14.6(1 U 16.00 Heavy Calves . 0.304 t 9.00 -Sheep Rixx-ipts 700; market slow to lower. Ton iat limb* $12,35 Bulk fat Limbs lr.OOtf 12.35 Bulk cull lambs 5 50 it 9.00 Ewe# OHO down Bucks 2.00 44 4.00 Other Livestock LOUISVILLE. Hop. <l9 Hojr—lte<*iptA. 1.000: market ntt iiLy: top*. $1*2.15. Cat tie—Heo-iptM. liMl: market st*'a!y. Calve.—KetvlptH, 100: market sOr* higher; <mml to ehoitt*. >ll.s(i<n Kt medium to potwl. 59.51K1 11.50* outs. down. Slw***p Htieijitii, 150: market steady: top lambs. sll <o 11.50; aeconctea Kluep. *ts <’ i 5 80. Path Cleared for Bantam Clash NEW YORK. Dec. 29.—Charley Phil nosenberg. world bantamweight champion, avoided suspension in yet another State late Tuesday when his manager agreed to deposit a forfeit of $2,500 to guarantee his appear ance within the weight limit against Bushy Graham at Madison Square Garden Jan. 14. Rosenberg, who is barred In States that i-ecognize the Illinois life banishment imposed on him for failing to keep an engagement there, had asked the commission to postpone the Graham bout, originally set for Jan. 7.. He said lie had been ill and would weaken himself too much if he tried to make the weight, 118 pounds, tri such a short time. The commission had him weigh in Tuesday, found he scaled at 125, and decided lie could drop seven pounds without injury by Jan. 14, so the week's postponement was allowed. Harry Segal, Rosenberg's manager. agreed to bring the forfeit to the commission by 4 p. m. today.* GOLF I’LAY POSTPONED Bn t nit at Press PINEHURST, C., Dec. 29. Because of rain, first round play in the mid-winter golf tournament was postponed until today. Two rounds will be played Thursday. LEAGUE HOCKEY Bn United Press - NEW YORK—Ottawa Senators, 3; New York Rangers, 2. BOSTON—Boston Bruins, 2; New York Americans, 1.., I

-By Williams

Cinderella Asks $500,000

■ '< '* $Sj RSP jjlgl Jf|§^hßb

Mental uilgui-.ii, nervous shock, atempleil assault and tlncuts to kill! Mary Louise Spas, first “Cinderella Girl,” lias decided that she suffered all those unpleasantrles, along with the attentions of Edit aid W. Browning, anil that they are worth no less than ssoo,ooft. Here she is shown fondling a few of the gifts the elderly millionaire once lavished upon her.

SELLING PICKS UP THROUGHOUT SLOCK OFFERINGS Motors Depressed Following Announcement by Ford. By E. Walter Mockler NEW YORK, Dec. 29.—Selling developed all along the line in Tuesday's stock market and rails and industrials. the market's major groups, were substantially lower Tor the day. It was rather significant that trading crossed the 2,000,000-share level in the wake of the selling, whereas, on recent trading days, with the undertone firm, trading lias boon well below this level. This would indicate that quite a Hit of real liquidation wan undertaken today, and that the market lacked the power necessary to absorb the offerings. Ford Announcement Motors were depressed all during the trading. General Motors dropped below 150. showing a net loss of INDICATES MOVE BY U. S. IMPENDS f( onfiiitied From Page 1) special service squadron and the State Department expected when Congress convenes Jan. 3. State Department is asking Admiral Julian L. Latimer, United States naval commander, to report more fully happenings in the Nicaraguan civil war area occupied by United States forces, so it can refute charges here and abroad of American imperialism and interference. Secretary Kellogg, when shown reports today that'Latimer had established a censorship at three east coast ports, said this was news to him, adding that Latimer's instructions would not permit such action. — • ASKS MORE U. S. AID President Diaz May Seek Practical Embargo on Arms. Bn United Press MANAGUA, Nicaragua, Dec. 29. Proclamation of what would amount to an embargo against importation of arms into Nicaragua, thereby bringing major military operations there to an early end, may soon he urged upon Admiral Julian Latimer, U. S. N., the United Press learned today, by President Adolfo Diaz, leader of the Conservative party, whose government here is .recognized by the United States. Diaz, it was understood, hoped t 8 counter the menace of superior arms in possession of the Liberal faction, recognized by Mexico, witli a request that Latimer impose neutralization upon the entire west coast of Nicaragua as well as upon the east coast ports already neutralized by the. landing of armed American forces. Neutralization would prevent replenishment of Liberal arms and ammunition, which Diaz said were being supplied almost wholly by Mexican gun runners. $1,200 WORTH OF IVORY Bu United Press ~~ NEW YORK, Dec. 29.—When Eric Hagenlacher and Willie Hoppe meet here next month for the 18.2 billiards championship, twenty sets of ivory balls wi}l be supplied. The cost of these is estimated at $1,200.

more than two points at the close, and the rest of the list was weak in proportion. While there was nothing on the surface to account for this movement, it is quite possible that a quiet, little news item referring to anew move by Ford may have had a lot to do with it. This item simply announced that Ford is prepared to accept 1923 Ford cars from dealers for reconditioning. A fairly thorough job is guaranteed for SCO,, with it throe months' factory guarantee attached. This will enable dealers to make much more generous allowances on Ford turn-ins and Lie effects ipon the rest of the Industry, especially in the cheap ear field, ran easily be imagined. Watch Motors That the motors will be the group to watch during the early* days of 1927 and that the danger sign should appear in this division first, in very stiff competition now existant and the threat of even sterner competition. this idea Secm.t fairly well grounded. Money continues rather easy, all things considered, and there seems an ample supply in evidence at 50 per cent. DIVORCES BARTHELMESS P-n United Press PARIS, Dee. 29.—Attorneys for Mary Hay (Caldwell), actress, were informed today that she had been granted a divorce by a Paris court from Richard Bartheimess of the movies. Both Miss Hay and Bartholiness recently were in Europe, hut Bartheimess returned to the United States after a brief stay. Both admitted Miss Hay had filed suit. Ql AKKRTOWN DENIAL Bn United Press PHILADELPHIA, Dec, 29.—Reports that a proposed third major baseball league intended to use the Sesqul stadium for its Philadelphia team brought denials from city of-

SMART APPAREL On Easy Terms PURITAN CLOTHING STORES 131 W. Washington St.

Diamonds on Credit One dollar opens an account; balance small weekly payments. DEE JEWELRY CO. IS X. 111. St. t'laypool Hotel Bldg

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