Indianapolis Times, Volume 38, Number 238, Indianapolis, Marion County, 10 January 1927 — Page 11
JAN. 10, 1927
PORKER PRICES START WEEK WITH SLUMP
LARGEST CLEARING DEFICIT REPORTED FOR TWO TEARS Stocks Commence Week With Fairly Confident Style. Average Stock Prices Average of twenty industrials Saturday was 160.85, up .32. Average of twenty rails, 120.73. up .33. Average of forty bonds. 00.37. up .02. new high. Bu United Pros NEW YORK, Jan. 10.—Saturday’s clearing house statement showed a deficit of $69,015,900, the. largest reported In two years. However, a reduction of $200,000,000 in loans was set forth. Hence It was clear that the deficit had been caused by bookkeeping operations incident to last-minute efforts of New York banks to correct their position at the Federal Reserve Bank. Asa result the clearing house showing created no apprehension and stocks started the new week in fairly confident style. Rails and oils were in active demand, whiles strength in the motor shares reflected success of the current New York show. Upward tendencies in the general list >vere accelerated at noon by the appearance of the United States Steel’s unfilled tonnage report for December, which set forth an increase of 153,522 tons. This was considerably in excess of advance expectations. This favorable factor stimulated fresh demand for principal industrial stocks which moved ahead under the leadership of Steel Common, the latter reaching anew high on the movement at 158%, up %• from the previous close. Banks,and Exchange —Jan. 10— INDIANAPOLIS HTATKMKMT Loral bank clearings were 55.U58.000; debits, $7,448,000. NEW YORK STATEMENT NEW YORK. Jau. 10.—Clearings. $499,000,000; balances, $101,000,000. EOREIGN EXCHANGE NEW YORK. Jan. 10.—Foreign exchange opened steady. Sterling. $4.84 V . off .00 3-32: francs. 3.95 He; lire, 4.33 He, off .Otic; Belgium. 13.89 c; marks, 23.73 c. GANGSTERS STAGE 10 CITY HOLD UPS DURING WEEK END Merchant Policeman Puts Would-Be Bandit to Rout —Trio Nabbed. Ten hold-ups were staged over the weekend, police reports revealed today. • .1. H. Todd, merchant police, 448 Washington Ave., put to rout and tired live shots at a would-be Negro bandit who accosted hint Sunday night at New York and West Sts. Mulcotn Aldridge, 833 N. New Jersey St., attendant at the Roxana Petroleum Corporation filing station at Capitol Ave. and Walnut St., while on duty, was held up Sunday flight, by a youth wlio drove into the station and asked to use the telephone. The bandit drove away with $2lB in cash from the safe. Sergt. Roy Pope and squad sent two Negro youths detention home Sunday/ night on charges of vagrancy because they were said to have been identified by David Seigel, grocer, at 1230 N. West St., as two of tli J trio that hild 'hint up and took $75 from the cash register Saturday night. One of the three struck Seigel when he refused to open the safe, and placed a butcher knife at his neck, he said. Ross Neeley, clerk in the store, fired several shots at the fleeing trio. A man who ate breakfast at the Charles Rairden, lunchroom, .‘2O E. Washington St., Sunday night, drew a gun <tnd took S2O from the register, Halrden said. Frank Coby, 61, of 1741 Harevy St., is suffering from injuries received when he was struck by a blunt instrument wielded by a bandit, who tried to rob him hi his side yard, Saturday night. Other hold-up victims, Standard Grocery, Pine and English Ave., O. C. Sanoefus, manager. $195; Great Western Oil Station. Virginia Ave. and Buchanan St.,'Fred Baker, attendant, S3O: Claude Stanly, restaurant, 1918 S. Cast St., sls; 1,. 7.. Cooper, Negro. 2512 Columbia Ave., S2O 75, and Robert Hummell, 1129 N. Oxford St., SB. Births Girls Louis arid Slim Creese, city hospital. Herbey and Ruby Antrim. 1370 S. Sheffield. N. K. and Stella Pirkhiser, Long Hospital. Elmer and Hazel Gates, Long Hospital. James and Anna Howard, 1318 E. Twenty-First William and Marie Gann. 102 GcisendorL Froyd and Maudie Tester, 234 Hanson. Andrew and Elizabeth Tullls, . 2230 Avondale PI. Howard and Grace Krane. 432 Keteham. Alfred and Priscilla Wilson, 2718 Indianapolis. Edward and Reulah West, city hospital. Clayton and Clara Vance. 4254 Carrollton. —X Boys Mason and Mary Moran. 1457 Blaine. Charles and Elma Hodges, 1414 Richland. William and lna Woerner, 107 W. Southern. Miles and Anna Peters. 2203 Hovev. Lou and Blanch Griffin, 410 W. Washington. Kawnrd and Mary O'Donnell, 558 N. Oakland. Donald and Nellie Bradway. 3500 N. Gale. Thomas and Loidse Pool. 1041 W. twenty-seventh. Roseoe gnd Catherine Rowe, city hospital. Thomas and Ethel Comba, city hospital, pit i rl)ort Bntl *-’ arrie Johnson, city hosWilliam and MiVy Loux, city hospital. "PPfft an< l Loretta Burres, city hospital. William and Esa Shanks. 1210 Pleasant.
New York Stocks (By Thomson & McKinnon)
—J an. 10— i Railroads— Prev. High. Low. 1:00. close. I Atchison ..180% 1 05 % 165% 160 kAtl Cst L. .101 H 190 H 190% 189 H fB & O ... 108 >4 ... 108 H 108 Canad Pac 167% 107 107% 100 % C& O ... 100% ... 100"' 159*4 C& NW ..81% 81 81% 80% C R I & P. 74 ... 73% 73% Del & Hud 175% .. 175% 175% Del & Lac 142 . . . 142 142% Erie 40% 4040% 40 Erie Ist pfd 54% 53 % 4 53% Gt North pf 84% 83% 84% 83% Lehigh Vat 102 101% 101% 101 K C Southn 42% ... 42% 42% MK&T. .32 % .. . 32 % 32 % Mo Pac pfd 01% 01% 91% 91 NY Cent.. 142 141% 141% 141% NY NH & H 42% ... 42% 42% North Pac.. 83% 82 83 81% j Nor & Wn 158% 158% 158% 158% Pere Mary .110 . . . 110 110 Penney ... 57 % 57% 57% 57% Reading ... ... 95 % S Railway 125% .... 124% 120% So Pacific 109% 109% 109% 109% St Paul ... 11 ... 10% 10% St Paul pfd 21 % ... 20% 20% St L & SW 02% St L& S F 102% 102% 102% Union Pac .102 101 % 162 101 Wabash . ..42% 42 42% 42 Wabash pfd 78 . . . 78 77 74 Rubbers— Alax 9% 9 % Fisk 10% 10% 10% 10% Goodrich .. 48% 47 7, 48 47% Goodyr pfd 100** ... 100% 100% Kelly Spgfld 11% 11 11% 11% U S Rubber 01 00 % 00% 00% Equipments— A C and F 101% 101% 101% 101 Amer Loco 107% 107% 107% 107% Am Stl Fdy 44% ... 44% 44% Bald Loco .153% 153% 153 153% Gen Elec.. .84% 84 84% 84 Lima ....... ... ..." ti t> j N Y Airnrk 40 % . . 40 % 40 % Pr Stl Car. . . 39% Pullman ...180% 186 186% 180% I West A B 130 135% 136% 130 Wes Elec.. 70% 60% 70% 08% Stels— Bethlehem.. 47% 46% 47% 47% Colorado F. 45% 44% 45% 44% Crucible ..80% ... 80*. 80 Gulf 9 Stl. 55 ... 55 55% P R C & 1.. 45% 44 % 45 44% Rep Steel. . 68 % ... 58 % 58 % Sloss-Sheff. ... ... ... 130 |U S Steel. 159% 157% 159% 150 Union A!.. 28% . .28 % ... Vanadium. ... . . . 39 Motors—lAm Bosch. 10% ... 10% 17% i Chandler .. 23 <. . 23 23 Chrysler .. 43 42% 42% 42% ! Conti Mot.. 13% ... 13% 13% Dodge . .. 27 % 20% 27 20% | Peerless 32 ... 31% 32 I Gabriel ... ... 30 % I Gen Mot. 155% 154% 154% 154’, Hudsdb 50 % 55% 55 % 60% Hupp 23% 22% 22 % 22 Jordan .... 22 21 % 22 '... i Mack . ... 93% 92% 93% . 92% Moon ... ... 11 Nash ... * 72% 71 % 71 % 72 Packard 30% ... 30% 35% Pieree-Arr... 22 % 22 22 % 22 % Studebaker. 50 % 55% 55% 56% Stewart W.. 60% 00% 06% 07 Timken ... 82 % ... 81% 81% Willys-Over.. 23% 23% 23 % .23% White Mot 50% 56% 60% I. Mining— Am Smelt 141 140 141 139’, Anaconda.. .48% 48 48% Cerro D P 62 ... 02 ... Inspiration. ... ... ... 24% In Nickel.. 42 % 41% 4'2 % 42% Kennecott. . 61 I ', 01% 01 % 01 % Tex G& S 51% 50% 51% 50% U S Smelt. 36 ... 35 34% Oils— At Refining 113% 113' 113 111 Cal Petro.. 31% 31 31% 31 Freeport T 37% 36% 37% 30% Houston ... ... . 01 % ,'nd Oil ... 31% ... 38% N3U% Marl Oil ... 57% 57% 57% 37% M Cos Pet . . 36% 30% 30% 30% Pa-A Pe B. 02 7* 68% 'OB% 68% Pac Oil . . 1 % ... 1 % Ph I’et .. . 50% .. . sti% 50% Un Oil . . . 50% 60% 50 % 55% PU Oil ... 27% ... 27% 27% Roy Du ... 53% ... 53% 53% Shell 29 % ... 29 % Sinclair ... 20 ... 197* 19% Skelly ... 30% 35 74 30 35% St OofC.. 58 74 ... 6% 58% St O of N J 37% 37% 37% 37% Tx Cos .... 56 % 60 % 00 ", 5(1 % Tr Pet 4 % ... 4 % 4 % Industrial!— Ad Ru .. 11% ... 117* 11% AI Ch 89 Al Ch ....138 137% 137% 137% Arm A .... 15% ... 15% ... Am Can . . 48 % ... 47 % 47 % AH& Lp. .. . ... ... 52 % A Sa Ra. . 53 % 52 74 53 % 63 % Cen Lea .... 10% .. . 10% .. .- Cos Cola ... ... 109 % Con Can .. 71 70% 71 7074 Dav Ch . . 30 % ... 30 % ... Dupont .. . 177 % 170% 170% 170 Fa PI 113% ... 113 114
Commission Row
I'KICKS TO RETAILERS \ FRUITS Apples—Fnney Grime* Golden, bbl.. $5: Jonathans, bbl.. $4®4.50: Delirious, 40-lb. $2: Greenmirs. 40-it> basket. *1.50 Color—s4.so 0 gul. case. Cranberries—Jersey Howes. % bbl.. *4.60® 5. Cocoanuts—-Fancy Jamaica! sack ot 100 ss® 5.59 Date*—Bulk, 10® lie it>.: Fards. 12 lbs, 2 40; Dromedary, SO,IO. Fibs—Smyrna $1 40® 2.40; California $1 2ofa 1 76: strings 12c. ring* 14c: stew Ing 14c: Sweetheart $0 ease. Grape*—Fancy California sawdust kegs $5" California Almira 54fa4.60 a keg Grapetrult—Extra fancy s4® 4.60: fancy *3.25® 350 Honey—24-<’a*c crate. *4 60®8. Kumquat!—Florida, 161520 c qt. Lemons—California $4 50®7, Oranges—Florida, *4.28®4.60: California narrln. $3.76®0.25 Pears—Oregon D Anjous $5 60 box. Pineapples—Cuba erate. *5. S Tangerine—Florida. #2.50® 4.25. f Strawberries—Florida. 76c ot. - SKA FOODS Oysters-s-Gal., $2.40®2.86. VEGETABLES Artichokes—California. $1.25 dozen, (leans—Florida green. per hamper S3 50fa4.00. Brussels Sprouts—Fancy California 26c lb Cabbage—Holland seed 2%c lb.- red cabbage 5c lb Cauliflower—Crate. $3. * e* ry—Michigan squares. $2: Mtehlgan Jumbo washed $1 dozen California $5.7 5 Celery Csbhage—Box $1.60 Cucumbers—Florida. S2 dozen. Eggplant—Florida. $2.50 ir dor, Gal lic—California. 12 %e lb / Kale—Virginia Brocoli. $2 bbK H G 75c bu. Lettuce—iceberg, ct.. #3®4: H. G.. hothouse. $2.40 15 lb, basket. , Mangoes—Florida peppers #6 5R crate $1.75 peck. ' Mushrooms—Pennsylvania. $1.60 for 3 lb basket Onions—lt. O. yellow. JOO lbs.. *3: H <4 -red. $2.60: Spanish rrt.. $1 90 Oyster tjjant—H. G. 45c dozen Parsley—H. G 60c Dcr bunch: southern 90c bu Peas—so a hamper. Potatoes— Michigan rouint white, sack 84.60: Minnesota early Chios. 120-lb nag $4.25. Russets $3 75 Radishes—Southern long reds 26c: hot house buttons, $1.15 Rhubarb—California. $8 20-Jb. box. Root Vegetables turnips, nu,, $1 ; par-nips bu #1.50; carrots, bu. #1 60: Canadian rutabagas #2 ewrt : H G beets! bu.. $1 50 Shallots—Louisiana. 05c dozen. Spinach—Texas SI .25 bu.: California $2.50 crate Squash—H. G. Hubbard, bbl., *2.60 Sweet Potatoes—lndiana Jersey, bu.. S3 mediums $2.26: Nancy Hails. #2 Tomatoes—Six-basket ert. $7 60 In the Cotton Market (By Thomson & MuKiimon) NEW YORK. .lan. 10.—Two months n*ro then* wore those who prrdiotfd cotton would sell an low as 10 crots per rontul. Manv or this number were living: in the South and the cotton business one way or Knottier. The nrqrumeutH were plausible and they had historical preijedent to Quote, but they are changing: their views now*. vV tiat h the use of looking backward when the rust of the country is looking forward? iNevir mind the old crop—what of the new ( I expect to sc* better prices. In the Sugar Market IBy Thomson A McKinnon) NEW VOIRv. Jan. 10.—In the absence of any immediate incentive, buying in the sugar futures market is scarcely more Impressive than the selling at present. The harvesting of the new Cuban crop is being closely watched. But I cannot find any justification for concert over the prospects. The size of the crop has been fixed, anv change in the law would be made only in the interest of a stable market for Cuba sugar. I see no change in the trergi of the futures market. Local Wagon Wheat Local grain elevstora are paying $1.26 for No. 2 red wheat. Other grade* are purchased on their merits.
Gen Aan .. 87*4 85% 80 74 85% Int Cos Eng. 47% . . 47% 47% lnt Pa .. 60 58% 00 59 Int Har ..142 ... 141% 141% M Dpt St 167% Mt Wd ... 60% 00% 00% 06 % Nat Ld 17 Radio 54% 52 "54 ol % Re Typ ... 115 7 j 115 % 115 % .. . Reat.Si .. 45% 44 / 44 45% Se Roeb . . 63 .7 52% o 2 % Un Dr 108% CSC] P. 219 218% 220 U S I Al. 80% . 80% 80% Woolw 189 %■ 179 179 1807, ' Utilities— A T * T. 165’, ... 155 155% Am Exp ... ... 13074 A Wa Wk . 05 ... 05 05 Bklyn Ma ..08% . .. 68% 08% Cos G & E. 90% . 90 7* 90% Cons G ..108% . 108% 108 V Interb ... ... 4;> % No A Cos.. 40% ... 40 7* 40% Peo Gas ... ... 127 7* Ph Cos 80 St GSe El. .5a % •. . 5o % 55 7s Wetn Un ... ... 14| Shipping— A Int Cp .. 37 ... 37 V 37 V AShAC.. 0* ... 0% 0% At Gu ... 41% 41% 41% 41 I M Ma pfd 39 37% 38%. 37% Un Fr ... ... 117% Foods— Am Stt 88 ** . . 83 V 82 74 A Be 8u . . 24 *J ' Aus Nie .... ... ... 9 % Be N Pkg. . 58 V ... 58 •* 58 % Cal Pltg ... ... 08 74 Cn Pd* ...48% 48% 48 % Cu Ca pfd. . 49V 49 % 49 Cu A Su . 27 ". 27 % 27% 27 7* Flelschm . 48% 47V 48% 47% Jew Tea . . 68 % ... 58 07 V Nat Bisc .101*, 100% 101 100% Pun Ale .. 45% 45 45% 4.5% Postum ... 98% . . its % -T>B% Wd Bk B. . 30% . . 30 V 30 74 Tobaccos— • A Sq 44 V 44 i j 44 V 44 74 A Tob ...1217s .. 121% 120 A Tb B ..1207, 120*4 120% 120 Cn Ctg 8;;V Gen Cig ... 51V Liggett ... ... MtZ Lonllard .. 32% 38’i A? R J Reyn..l2o 119 % 120 ' 120 Tb Pd B. .110 . . 110 109% UnCigSt.. 98 7* 98% 98% 98% Sch R S ... ... 49 WHEAT OPENS IN MIXED ATTITUDF Foreign Cables Low—Corn and Oats Unchanged. Bn putted Press CHICAGO. Jan. 10. —Wheat openpd ‘sc lower than Saturday’s closing prices on the Chicago Board of Trade today. Foreign cables were lower than expected and this caused some early selling. Sentiment continues mixed in this pit. I Corn opened unchanged from the previous close. This grain is regarded by most traders as in debatable position. Outside trade continues limited and there is a big outstanding local interest on each side of the market. Oats opened unchanged from Saturday’s close. This grain is back into the well-known rut. with trade small and market influenced chiefly by the action of the other grains. Provisions opened lower. Chicago Grain Table WHEAT- ~ J “ n 10 ~ pr rT , r High. Low. 11:00. dose' May 1.38% 1.38*4 1.38 V 1.38% July 1.29% 1.29*4 1.29% 1.29% CORN—' l-2* 1.28% May .89% .79% -80% .80 Ju k*T4_- -3% ea*s .83% .83% Ma.v 49% 49% .49 7$ July 47 f,4 47% .47% StPt ’ 4U 45 T * 46 May . .... 1.0174 1.00 74 1.01 1.00% Ju £ard_ 1,9 98,4 J,B Jan. ... . 12.20 12.15 12.20 12.22 March ... 12.37 12.37 18 42 Ma i{rßS 1: ' 00 1252 18.57 12.00 Jan .... j' 14 75 May 14.90 14.9<P, 14.7(j CHICAGO Jan. 10.—Carlota Wheat. 12; corn, 188; oats. 82: rye, 1. CHICAGO. Jan. 10.—Primary receipts— Wheat, i,165,000 against 1,200,000; corn. 944.000 against 165,000; oats. 708,000 against 934.000. Shipments—Wheat. 409.000 against 437,000; com, 318,000 against 419,000; oats. 289,000 against 448,000.
Indianapolis Stocks
—Jan. 10 —Stocks— Bid. Aak. Amer Central Life ........375 ... Amer Creosoting Cos pfd ..101 Ad Rumely Cos com 11 11% Ad Rumely Cos pfd 34% 35 Belt R R com 60 09 Belt U R pfd 65 ' 60 Cent Ind Powder Cos pfd .. 87 92 Century Bldg Cos T. 100 ... Cities Service Cos com 50% ... Cities Service Cos pfd 92 ... UPizens Gas Cos com 40% 51% Citizens Gas Cos pfd 100 ... Commonwealth Loan Cos pfd 98% ... Equitable Securities Cos com 51 ... Hook Drug Cos com 28% ... Indiana Hotel com 120 ... Indiana Hotel pfd 100 ... DiOiann lap* Line Cos 01% ... Indianapolis G&s 60 00 lndpls A Northwestern pfd. ... ... Indianapolis St Ry 34 30 Interstate P Ser _pr lien pfd 98 % 100 Merriiants Pub Util Cos pid.loo . . . Progress Laundry com .... 22% ... Pub Sav Ins Cos 15 ... Ranh Fertilizer pfd 48 ... Rea! Silk Hosiery pfd 90 100 Standard Oil Cos Ind 09 ... Sterling Fire lna Cos 10 ... T H i A E com 2 + THI4E pfd 24 34 T H T A L Cos pfd 89 Union Trae of Ind com 1 Union Trae of Ind Ist pfd .... 10 Union Trae of Ind 2nd pfd. ... 2 Union Title Cos com 88 Van Camp Tack Cos pfd. ... 10 ... Van Camp lYnd Ist pfd . . . 91 96 Van Camp Prod 2nd 96 Wabash K.v Cos com 48 ... Wabash Ry Cos pfd 77% ... —Bank Stocks— Aetna Trust and Sav Cos. . . .116 ... Bankers Trust Cos 182 ... City Trust Cos 140 ... Continental National 116 ... Farmers Trust Cos 240 Fidelity Trust Cos 100 ... Fletcher American 1?0 ... Fletcher Sav and Trust Cos. .260 , . . Indiana National Bank ....208 270 Indiana Trust Cos 8.30 260 Livestock Ex Bank 108 172 Marion County Bank 175 ... Merchants Nat Bank 385 . . . Peoples State Bank 185 ... Security Trust Cos 250 State Savings and Trust .... 96 Union Trust Company .. . .405 430 Wftsh Bank and Trust C0...168 ... —Ronds— Belt R R and Stockyards 4s 90 ... Broad Ripp'e 6s 79 ... Central Indiana Gas 55.... 08 ... Cent ind Power Cos 05.... 99 ... Cent Ind Power Cos 7s 99 ... Citizens Gas Cos 5s 106% 102 Citizens St R R 5s 85% 86 Home T and T of W 65.... 103 ... Indiana Coke and Gas os.. 102% ... Indiana Hotel 6s 98 ... Indiana Northern 5s 2 ... Ind Ry and Lt 5s 95 ... Ind Service Corp 6s. ..... . 92 % ... Ind Union Trae 5s 4 ... lndpls Col and So 0s 99 10* imipls Gas Cos 5s 99% 101 lndpls Lt and Ht 5s 101% lndpls & Martinsville 55.... 03 ... lndpls Northern 5s “•*% 24% lndpls & Nortnwestern 6s .. 04% ... lndpls A S. E. 6s 2 ... indplß SNUby &S E 65.... 2 ... lndpls St Ry 4s 04 06 lndpls Trae and Term 55.. 04% 98 lndpls Union Ry 55.......101 ... Ineinls Water Wks See Cos. .100 ... Tndpls Water 6%s 103% ... ind'i * Water 4 %s 94 ... Interstate Public fcerv 65.. 102 Interstate Pub 9 Bs 6%#..i04 ... T H I A E 6s 76 T H T A Lt 6s 93 Union Trae of ind (is 19% 22% —Liberty Bonds—--Ist 3%s 101.40 101.00 Ist 4%s 102.90 103.10 2d 4%s 100.70 100.80 3d 4%s 101.40-H01.60 4th 4%s 103.40 103.60 US Tr 4% 110.20 110.30 U S Tr 4s J 100.00 .100.10 U STr 4%* 103.24 103.40
THE INDIANAPOLIS TIMES
76 DIE IN PANIC AT FILM THEATER •U (Continued From Page 1) was a pitiful account of young lives sacrificed needlessly through N?lind panic. The living and dead were wedged so tightly Jn the turn of the stairway tl-at policeman and firemen were compelled to chop holes into the walls and stairs before they could extricate tlie human mass. As the mangled bodies were passed out, they were laid on the sidewalk and later carried into nearby stores and houses. Thos# pronounced dead were placed in rooms to await morgue wagoijs and covered with ; sheets, while the more seriously inI Jured were rushed to hospitals in ! ambulances and borrowed cars. Scenes Without Parallel Priests moved through the throng administering the last rites of the Catholic Church to the dying.‘*N'evcr in the history of Montreal had such scenes been witnessed. Lieutenant Cliarbonneau, a member of the .salvage squad, described the scene on the narrow stairs as “The worst I have ever encountered.” “When I got there,” he said, “the stairway Was jammed. We pulled the bodies, living and dead, out the best way we could. I have been fighting fires a long time, but have never encountered anything so horrible. “Little children stretched their hands out of the struggling mass, crying, ‘save us. n*e us!’" Augustin Jolln, a motorcycle ( officer, who was one of the first men to enter the theater after all those l who were able to escape had reached the street, said, “I have seen ghastly things in my life, but never anything more pathetic." Finds Own Children Two families each lost three members. Three children belonging to Octave Quintal perished, Sylvia, 8, and her two brothers, Adrien, 13. and Hildegarde, 9. while Constable Albert Boisseau found all of his children among the dead. He discovered the body of his eldest daughter. Germaine, 13, lying outside the theater and shortly afterwards identified Holland, 11, and Yvette, 8. at the morgue. The scene in the little room of the coroner’s court was unparalleled. A long line of weeping parents, brothers and sisters, led to the bench where Coroner McMahon asked par ticulars concerning each of the dead. He had opened the inquest in order to allow relatives to claim the bodies, although the regular inquiry was not scheduled to open until today. To each person, the coroner put two questions. The first was whether or not the dead child had been accompanied to the theater by an adult, and In nearly every case the answer was “No." The second was whether or not the child had had permission to go to the show. Fully 75 per cent of the replies to this question were in the negative. Among those questioned by the coroner was Benjamin Hoy, who explained that his 14-year-old son Bene had gone to the I*aurifer Palace, witli a friend, to celebrtae his birthday. 1 The friend escaped, but Bene died. Beg to See Bodies On the ground floor of the morgue, scenes perhaps even more harrowing j took place as terrified parents begged ! to ba taken to the mortuary cham- I tier. But only at intervals,, and then , in small numbers, were they con- | ducted 10 where the dead were lying. With each recognition came cries of despair, and then the bereaved ones took their places in the ever lengthening line before the coroner. The fire Itself, which was believed to have been caused by a short circuiting of a wire, was in itself of no consequence. There would have been no deaths except for the stampede. Those taken In custody besides the owner of the theater, were Michael Arie, assistant manager; Alexander Bozzy, ticket taker, and Camille Bozy, Doorman. No charge was placed against them. V Produce Markets Butter (wholesale price) Creamery best grade. a pound. 02®54c. Bulterfat—Local dealers pay Flc a pound. * Eggs—Strictly fresh delivered at Indianapolis, 33 ® 35c. Poultry—Hens 22®24c: Leghorns. 16 ® 18c; ducks. 17 ® 22c. CHICAGO. .Tan. 10.—Produce: Butler— Receipts. 10.694; creamery, 48c: standards. 47 %e; firsts, 44*R45%c: seconds. 394i 42%c. Egur—Receipts. 9.120: ordinaries I 35 fe 37c; firsts. 38 fa'39c; seconds. 3Kc Cheese twins. 25c; Americas, 20% fa/20%c Poultry—-Receipts. 0 cars: fowls heavv. 26c: small, 20c; spring,. 25c: duck's, heavy 30c: small 20c: Keeso. 21c: turks No. 1. .'to-: roosters. 19c. Potatoes—He! ccipts. arrivals. 122 cars: on tracks. 189: In transit. 903: Wisconsin sacked round whites. *2.25fa 2.40; mostly $2.30 fa 2.35 Idaho sacked Russets. 52.70fa3.00; most! T/a_2.80fa3.90. Sweet potatoes—i I.oofa 2.25. CLEVELAND, an. 10.—Butter—Extras., 48c; in tub lots: standards 47 %o Easts Extras, 46c: extra firsts. 42c: firsts. 41cordinary. 35c; pullets, 31 o: refrigerator extras 36c; refrigerator firsts. 34c. Poultry —Heavy fowls, 28 fa 30, ; medium. 23 fa ooOi Fhorns. 20fa22e: lieavy springers. 28fa30c: ducks. 32 fa 34c: geese "4 fa 20c: cocks. 10 fa 17c; turkeys. 38 fa 41.-Potatoes—-150-pound sacks round whites Maine. $4 00fa5: New York *4 15fa 4 30Mlchigan. $4.20©4.25; Minnesota and VVis ; eoneln. $4fa;4.15: Ohio bushel sacks. $lO5 fa 1.75: 120-nound saekß Idaho russets, selected. $4.50; ordinary. $4.25. Peppermint Oil NEW YORK Jan. 10.—Peppermint oil— Natural. $4.004{4.75: U. S. P.. $5.25® 6.60. Building Permits L. Sellers, addition. 1454 King. Grinsladc Construction Company dwelling and garage, 2023 Stanley, $1,500. Grinplade Construction Company dwelling and traraffp, *2049 Stanley. 51,500. Grtnslade Construction Company, dwelling and garage. 2(137 Stanley. $1,500. Grinslade Construction Company, dwelling and garage 2045. Stanley. SL.nOO Grinslade Construction Company, dwelling and garage, 2041 Stanley, $1,500. Grinslade Construetion Company, dwelling and garage. 2633 Stanley. $1,500. Grinslade Construction Company, dwelling and garage. 2621 Stanley. Sl.nbO. E. C. Stout, dwelling. 2149 Sugar. ,500. E. C. Stout, dwelling jutd garage. 2134 Gent. $1,600. H. and Ester Monaer, remodel. 3224 Nowland SOOO. o Muonster. remodel. 6830 Carrollton, J. T. Smith & Son dwelling and garage. 347 N. Bolton. $7.00b.
Vealers Advance and Other I Livestock Rates Continue Steady. I —Hog Price Range— Jan. Bulk. Top Receipts. 0. 12.10 12.1 b B.OUO -4, 11.90 12.00 8.000 o. 12.10 1225 7.600 0- 12.10® 12.25 12.36 0.000 12.25 12.35 7.000 • 12.35® 12.50 12.50 4.000 j 10. 12.10® 18 85 12.85 ',OOO A decline of 25 cents un the hundredweight in hog prices marked the week’s opening at the Indianapolis Union Stockyards. This was greater than the drop at Chicago, placing local prices more nearly on a level with those of its nearest j large competitor. Receipts today estimated 7.000, alI most doubling those of Saturday, j Holdovers were 4JO. Most sales toi day were between $12.10 and $12.25 | per hundredweight. The top price J paid was $12.25. Packing.sows were | unchanged. $10.50(& 11.50. Hog Price Bange I Meat weights were on a five-class . basis. The rates, posted were: Two hundred pounds down. $12.25; 200-225 pounds, $12.20: 225-250 pounds, $12.13; 250-300 pounds. $12.10; 300 pounds up. $11.75(&12. Nine hundred beeves were re- ; ceived today, with the cattle market steady. Beef steers sold at $7.50® 10.50; beef cows, ss® 7.75: Jaw cutters and cutter cows, $3.60®4.75; bulk stock and feeder steers, $6.50 •8. Calves Up Calves started the week with prices strong to 50 cents higher than on Saturday. The bulk went at sls and $15.50 and some mixed lots at $14.u0. Tlie practical top was also $13.50. Beceipts were small, only 500 vealers arrriving at the stockyards. The sheep and lanil market was little changed. A small run of 100 was offeVed and the quality was unatraetive. Native lambs brought $11.50 down, while strictly choice kinds were qudtahl.v higher. Top fat lambs were listed at $11.50: hulk fat lambs, $11@12; bulk cull lambs. I $5.50®9; ewes. $6 down, and bucks. ! s2®4. l -o 3<vT ".o3o: lower.* I -V.n * lb * SlMOfa 18.85 300 lbs. up 11.75® 12 00 —<attle— „ Ueufuptg, 900: market, steady. Reef steers $7 50fa 10 50 Bulk stock and feeder steers.. 0 50fa Bbo Beef ,-ows 5.00® 7.75 Low cutters and cutter cows 3 50® 4 75 —Cal yes—- ,, _ Receipts. .>00: market, strong. I Rest vealers $15.00® 15 50 I Heavy calves . 0 50® 900 T 1 —Sheen — ... Receipts. 100: market, steady. I Top fat lambs $lB 50 fa t, lambs 11.00® 12.00 Bu’k cull lamb* 5.50® 900 j Bucks 2.00® 4 00 Other Livestock LOl ISVII.LE. Jan. 10.—Holes—Receipts ,00: market, roughs and stags steadv. others 10c lower: tops $12.15 Cattle Receipts. 1.40 O: market 2,5 c lower. Calves —Receipts, 400: market, tops 50c higher, others steady: good to choice. slßfa 13.60 i medium to goes!. s9® 11;. outs, 89 down! Sheep—Receipts 50: market steady, ton lamlw slo..>ofall: seconds 57 fa 7.50; sheep. $0®.>,60 Jan. 10.—Hogs—Receipts. 3.200: holdovers. 880: market unevenlv stendy: 250-3.50 lbs.. $11.75 fa 12.25' 200250 lbs.. $12.25® 12.40; 100-800 lbs.. $12.35® 18.50; 130100 lbs. slß.Bsfa 18.50: 90-1.30 lbs., slo® 12.35: packing sows *9 75fa 10.75. Cattle—Receipts. I.00O: catvrs, 4.>0: market, slaughter cattle steady to 85c higher: veals steady: beef steers. $7fa0.50: light yearling steers and heifers, $0.50® 10; beef cows. $4.75fa 0.7.5; low cutter and cutter cows. $.3.75® 4.50: vealers. slo® 15; heavy calves. $0 fa IO: bulk stock and ferdtr steers. sofa 7. Sheep—Ro-eipts 50; market nominal: top fat lamt>s. *l3: bulk fat lambs. $9.50® 13: bulk cull lambs. s4fao; bulk fat ewes. $3 ® 0.00. EAST ST. LOUIS. Jan. 10—Hog—Re j ceipts- 10.500: market. 10fa85c lower: 850-350 lbs.. SD.ti.sfa 11.90. 200-250 lbs. $1 1 76f,r 18.05:“ I 00-200 lbs. $1175®! 12.15: 130-100 lbs. $11.2.5® 12.15: 90130 lbs., sll .Off® 11.55; packing sows. *10.25® 1090. Cattle—Receipts. 0,500; market slow, bidding lower on steers: beef facers $7.75fa 9-.OO; light yearlings steerand heifers, SOfaS: beef cows, *sfa6; low cutter ami cutter cows. $3.00®4.60;’ veal ers. ft4.7.5fa 15.00: heavy calves. *0.50® 8 00: bulk stock and feeder steers s7faS Sheep—Receipts. 1,000; market, steady iV. J? 1 - Jamw. 512.75: bulk fat lambs. $12.20fa I8.0O; bulk cull lambs, *S.SU; bulk fat ewes. SSWO. 1 -rS LEDO 'i —-Hogs—Receipts. -l? , , a . rl i£ t 15®?6c lower; heavies. $11.25® 11 .in: medium. $11.7.5 fa 12 Yorkers. slß® 12.50; good pigs. $12.25fa 1 Calves—Receipts. light; market slow. oOe lower. Sheep and lambs—Receipts. light; market slow. 50c lower. CONDITIONS ARE SOUND-WOOLEN Bank Head Sees No Fear of Depression. Evans Woollen, president of the Fletcher Savings and Trust Company, and chairman of the economic policy commission of the American Bankers Association, in a business review issued here today as a part of the statement of condition of his trust- cbmpany, declared that conditions generally were sound. “A jear of prosperity has closed in some hesitation.” he said. “Manufacturing. in particular, has slowed down in the last two months. Is there reason for going into the new year with some apprehension? > "Apprehension of a severe depression? No. conditions generally are sound. Rising prices and strained credit are the forerunners of depression. We have filling prices—lower now than for a year and a.half—and easy credit. “Apprehension of some curtailment in prosperity? YBs, it is well to keep our minds on three or four factors that were important in supporting the prosperity of 1926. It seqms pretty clear that the peak in our building boom has been passed. An evidence of this is the downward trend in rentals. The automobile Industry hesitates seemingly in a good deal of uncertainty as to ivhat lies ahead. The difficulties of agriculture continue without much abatement. The farmer’s purchasing power is still impaired. Those who for three or four years have been wondering whether installment buying might not bring some penalties ha\‘e seen no let-up in the application of this method of anticipation, and are still wondering. “In a word, it,seems to us that :>rudent business' men will go into the new year unafraid, but with their eyes open; hoping, to be sure, for a year as good as 1926, bqt expecting, rather, a year not as good, yet good enough for reasonable people.”
FIRST WEEK OF TEAR INTIMATES DEMAND DEPTH May Swamp Bond Market—- , Technical Character Unchanged. By E. Walter Muckier NEW YORK, Jan. 10. —While the stock mirket lias had only one week of the new year this, has been sufficient to prove the deptli of the investment demand and has added further weight to the belief that the I demand is enough to swamp the | bond market and force investors into . stocks to obtain yield. There has been virtually no change in the technical characteristics of the mqxket, professional domination continuing with very little outside interest. Howe\>r. such public participation as there was, lias been of a good character. The demand has been for high grade stocks, selling on an investment basis and buyers of this character usually take their | stocks 01st of the market. (tiiestion of Public When the question of public participation is discussed these days, it refers largely to the speculative element which whips the market into frenzied activity blit in' the* past lias always bred a corresponding smash which" has destroyed virtually all of j the good done by buying. Beal investment demand in stocks is rather anew development, at least along the broad lines which have developed. Formerly investment demand in common stocks was limited to a very few securities. Naturally the elimination of senior obligations and the rapid accumulation of 5 - ast surpluses behind the common has placed many stocks in a much better position since the war. Rail Merger Bail stocks have been holding their own well, with expectation based on coming merger plans playing an important part in shaping the demand. It is now generally believed that the new Nickel Plate plan will be offered to the Interstate Commerce Commission before the end of January, and as the Van Sweringens have had two Ulan3 rejected it Is faij" to assumejthat no important step has been tak£n in the latest plan without unofficial assurance that the Interstate Commerce Commission., would approve it. If the third plan should fail it would mean that the whole question of mergers would be delayed for many years. Investment funds have flooded the bond market at a tremendous rate. One of the high lights of the past week was an offering of New York City 4%s for which the successful syndicate paid a premium of more than $1,500,00’>, bidding the equivalent of about 4’s for the offering. The issue was immediately resold to investors at 103 1 2, an exceptional yield. The offering went automatically, more than $50,000,000 of the bonds having been sold previous to the reoffering. Considering the rapid sale of the bonds and the fact that the full profit to the offering syndicate was only about one-third of the premium they paid to get the issue, the status of the investment market seems rather clearly defined. FOOD COSTS n BILLIONSYEARLY Forty-Three Per Cent of Wages Spent for It. Bv Times Snrrinl NEW YORK, Jan. 10.—The food bill of t ie United States shows an annual retail valuation of between eighteen and twenty-two billion dollars, and more than 42.1 per cent of the average workingman’s family budget is expended for food, according to an "Analysis of the Nation’s Food Industry" emphasizing the tremendous proportions of the industry in this country today. Food is America's greatest pursuit in respect to the value of annual output, the number of people engaged therein. and the amount of investment involved. To supply the demands of Americans for foodstuffs, every year more than 116.980.000 tons of food stuffs are carried by our railroads and approximately 375,000 independent and chain grocery stores are in constant operation in the process of distribution. The average annual production of our canning factories alone exceed thirty pounds of fruit and vegetables for each of our 110,000,000 men. women and children. A study of the aggregate annual retail valuation of foodstuffs reveals the startling lact that seventeen different articles of food represent approximately 76 per cent of the toal national food bill, while the remaining 24 per cent is distributed over more than 1,000 different items. Many of the 1,000 articles are manufactured combinations of the seventeen. The main food classifications are; pork, fish, chickens, other meats, milk, wheat flour, sug-1 ar, buster, eggs, wheat, bread, white j potatoes, ice cream, coffee, canned! s’egetables, apples and canned fruits. Like phases of modern life, the food industry has been affected by tie contributions of science and I Inventions As late as 1880, 70 per! cent of the people lived on farms, but with the growth of factories and large scale production, today more than half of nie population is urban and a strictly consuming class. During this same period, those remaining on the farms have been able to more than double food production to meet the demands of our increasing population.
YOUNG MOTHER MISSING Leaves Husband and Babe, Police Are Told; Goes to Dance. Police today aided ju\’enile court attaches in a search for Mrs. Ruth Smith, 23, of 635 Dorman St., who they say deserted her husband and a 4-months old baby. The mother, went to a dance Saturday night and failed to return, police were told. She wore a black dress, red coat, jnd black and yellow hat. CHAIRMANSHIP OF CAUCUSIIS ISSUE (Continued From Page 1) Lincoln were the score cards upon which the committee memberships were being registered. Over them labored Van Orman and Republican State Chairman Clyde A. Walb. Their efforts resembled that of chess players placing a pawn here, shifting a knight there and making or dethroning a king. The caucus chairmanship fight may be reflected in the result when it is fully made public at the Senate session. Ardent friends and supporters of Senator Edward O'Rourke Jr., Ft. Wayne, for the chairmanship may find themselves shelved on committees of small importance, while the Van Ormon-Nejdl supporters will be given the plums. Custom Abandoned Leslie departed from the custom of naming the majority floor leader chairman of the ways and means committee, and at the request of Pittenger relieved him of all chairmanship responsibilities. The Lieutenant Governor refused to comment upon the statement that O’Rourke has the Republican caucus chairmanship “sewed up.” O’Rourke is ,said to be opposed by both the Lieutenant Governor and the president pro tem., but has the backing of Senator Denver C. Harlan, Richmond, defeated pro tem. candidate, and others, who contend that he will j be N “put across,” despite opposition of the Senate leaders. “No Caucus Today" Van Orman pointed out that no ! caucus can be called, except by the Lieutenant Governor or president | pro tem., and announced that it | ‘ ‘will not be today." It svas indl- ! cated that unless the chairmanship j question can be settltd there might not be a caucus for a iveek or ten days. Probe Unwelcome Efforts are being made in both ; houses to prevent the enactment of 1 legislation which would ask for an investigation of State officials and departments. \ Republican leaders feel that the talk ol “Stephensonism” has gone far enough, and that to open the j subject in the form of a legislative | inquiry would result in incalculable I harm. Reopening the charges made by ID. C. Stephenson, former grand j dragon of the Klan, which he made from his cell n the State prison at Michigan City through letters sent to Thomas A. Adams, Vincennes publisher and editor, by the grand jury, is the excuse offered by the General Assembly for inactivity. Jackson Silence Noticeable Sentiments indicate Republicans can be mustered to join with the thirty-seven Democrats of the House to pass such a measure. Reference is being made to the silence with which Governor Jackson’s | reference to the "probe” was rej ceived when he read his message to the joint assembly last Thursday.' Absent voters’ ballot law will nnI doubtedly be repealed. Leaders .of j both parties have declared themj selves as favoring its abolishment. Such a measure has been prepared by Edward B. Bender, Democrat, Boone County, for presentation in the House. 'Tampering with the primary election law will precipitate a real fight. Although platforms of both major parties pledge such a step, opposition of formidable proportions has arisen. Women Enter Activities Women of all parties have come to the defense of direct nominations. Strengthening of the measure has been favored. At a recent meeting of the Womans' Legislative Forum, Lew Shank, formerly mayor of Indianapolis and Oswald Ryan, Anderson attorney and candidate in the May primary for the junior Senatorship against Arthur A. Robinson, spoke for its retention. The Indiana Society for Mentai Hygiene is preparing to fight the proposal contained in the Governor's message that the feeble minded 1 colony at Butlerville be discontinued. This institution was started in 1919 and cost about $375,000. The fight against the recommendation of the State executive on this measure will probably be led by Amos W. Butler, former secretary of the State board of charities, who was instrumental in having the institution established. ji Pardon Proposal Fought Abolition of the pardon board, also recommended in the Governor’s message, will be fought. Opponents of the measure see in such a move a backward step on the Indiana plan of reformation. Placing the power noiv held by the board in the hands of te courts would, so the anti-abolitionists declare, result in the building of political machines by which the judiciary could perpetuate itself. The alternative presented by Jackson, that the power be vested in the trustees of th 4 penal institution is also condemned. Objection to such a move is found in the fact that the meetings would not be open to the public. Deaths Henry Frederick Kline. 65. 1814 E. Twelfth, mitral insuffioienee. Rachel Morgan. 7/1. 1703 Howard arteriosclerosis. Miriam Lueile Loftig. 0 mo., city hospital. diphtheria. Helen B. Go’den. 34. 1517 North Senate, acute eardise dilatation. William A. Hester 59, 838 W. TwentyEighth. encephalitis. Thelma i'rene Miller. 210 Trowbridge, premature birth. Dalmon Dc Bolt. 32. city hospital, accidental. Cicero Martin. 23. city hospital, lober pneumonia. Charles Archie Ray. 5 months. 1403 E. Sixteenth broncho pneumonia. Harry B. Kernel, 35, 713.3. Hlinois. pulmonary tuberculosis. May belle Binningcr. 38, Christian Hospital. peritonitis. Mildred Olampitt. 12. Riley Hospital, broncho pneumonia.
PAGE 11
HUNGRY AURIC REFUGEES HAPP IN CHINESE POI Despite Privations, Won and Children Rejoice a Escape. Bu United Pre SHANGHAI, Jan. 10.—FortyAmerican women and children E arrived here from Ilankow anc day gave accounts of their fl from that city when the Chinese rising forced them to leave. Hagi and exausted, possessing no clo save what they wore and all hun the refugees arrived in pitiful cc tion, but glad they escaped. The three days’ rations the An cans had brought with them w they boarded vessels at Hanltoy the suggestion of the British coi general, were exausted. The refugees, who came f various parts of the country, tol the three days of terror in Hanl wl.en foreigners fearfully Awl the spark that would inflame C as during the Boxer rebellion. With the Americans were u British women, who lied from J kow and Kiukiang when vie Chinese mobs participated in ) foreign demonstrations. In the ter city, Japanese reports said, Chinese military flag has been rt over the British consulate. FLIGHT REPORTED British Missionaries Said to Be I ing Interior Points. PEKIN, Jan. 10.—British sionaries were reported today t leaving interior points, where c< tions were becoming worse, and i ing toward Yangtze ports, w they will be able to board boats less dangerous zones. Women children were leaving Chang. The situation was less tens< Hankow. Banking and business resumed, after having been pended several days. Many missionary women and dren have remained in Hankot defiance of the order of the Br consul-general to leave for safel CITY OK, BUT GROCERCOLLEC (Continued From Page 1) at the northwest corner of Norv and West Sts., and the one with house on it, located the seconc west of the alley west of West on the north side of Norwood ! When the Pogue's Run impt ment was completed the Jewett minisration decided to sell theCaroll submitted a bid of $3,000 the four properties. The boar I works accepted the bid. Haas, | board of works president, signet minutes showing this. Samuel Ashby, then corport counsel, refused to complete the by giving Carroll a deed, conten that the city might want to get | the drain some time and should ! | the ground. Clerk Finds Envelope There the matter rested until day in 1024. A clerk in the boat works found an envelope at the tom of a drawer in the board o It bore the name of Haas and tained a certified check for signed by Carroll. He told the SI board of works about it. Haas was called in and revi< the history of the affair for Shank board. j Meanwhile Norwood St. had improved and a total of $1,042.51 the paving assessed against the lots, $793.30 being for the lot the house upon which Carroll collecting the rent. The Shank board desired t p i the sale to Carroll, but insisted Carroll must pay the street as ments. Carroll refused. J desultory dickering the mi dropped. The City’s Burden Meanwhile the city has should the $1,042.50 street assessment, ' the taxes on the property for least eight years "and has not celved the rent. The house is now occupied John Gallespac and family. said that they had living in the house tor the past years and have paid sl6 a m rent to Carroll. Sho said she believed* Ca owned the house. So far, there has been no ei nation as to how Carroll earn l move the house for the Pogue R drain, since the records show the city acquired it from Cathe McCarthy for $2,200 and not 1 Carroll. KLEIN TO GIVE TA Local Real Estate Man to Dis Problems at Miami Meet. George W. Klein of Indlanaj: Henry J. C. Quin of Portland, < and A. E. McDonnell of Chic hs.ve been added to the list of estate specialists who will lead round table discussions of real es problems at the annual meetlni the National Association of ; Estate Boards at Miami, Fla., 12 to 14. ’’Cost Accounting for the man of a Modern Skyscraper” will Klein’s subject, coming under property managers’ division of association. TWO DROWN IN AUTO Di: United I’riKH PEWAUKEG. Wig., Jan. 1 Charles Morey, 22. and H Meiritz, 19, both of Waukesha, I were drowned Sunday when 1 automobile plunged through th on Pewaukee Lake, carrying t with it to the bottom. The yt men were fishing and misjudged strength of the Ice.
