Indianapolis Times, Volume 38, Number 297, Indianapolis, Marion County, 19 March 1927 — Page 13
MAKUH 19,1927
WEAKNESS DOMINATES HOGS ALL WEEK
Y TONE ON: STOCK EXCHANGE AS WEEK CLOSES Technical Position Appears Stronger Than Same Time in 1926.
Average Stock Prices
Average of twenty industrials Friday was 180.68, off 1.10. Average of twenty rails was 136.63, off 1.44. Average of forty bonds was 06.89, up .08. llu United Press NEW YORK, March 19.—Prices in the main body of stocks displayed a steady tone in the week-end session despite bad breaks in special issues like Houston Oil, American Brown Boveri and Warner Pictures. It was evident from the action of the general list in the face of the declines in these stocks that technical conditions were Kir stronger now than they were at this time in 1926. A vastly different situation also oming increasingly evident that after a slow start this year general trade is picking up momentum in gratifying fashion. Freight traffic statistics tell a similar story, but in the last few weeks merchandise and general loadings haile pulled up to the levels of a year ago and the recent gains in the commercial and industrial turnover, as measured by bank clearings, automobile production and steel output, indicate that the volume of traffic is running well ahead 0#’1926. Undoubtedly the failure of the stock market to duplicate this month the bad break of March, 1926, has been due in large measure to a better technical position in the general list. The inevitable reaction occurred, as was foreshadowed by the sharp decline of stock values last March. Having halted this year at the proper time to correct its position and take stock of the future, the business movement may continue the present seasonal expansion well into the spring months. This probability has been clearly discernible iif the recent indifference displayed by standard stocks to professional operations designed to bring about a repitition of last March's unhappy episode. *
, Automobiles for Sale SPECIAL 2-DAY SALE OF USED CARS ft evrolet 1923 Coupe $125.00 Chevrolet 1924 Coupe 175.00 Chevrolet 1923 Coupe 150.00 Chevrolet 1925 Coupe 375.00 Ford 1922 Coupe 50.00 Ford 1923..C0upe 117.50 Ford 1924 Coupe 163.00 Ford 1924 Coupe . 175.00 Ford 1925 Coupe uOO.OO Ford 1925 Coupe 225.00 Ford 1925 Coupe 275.00 Ford 1926 Coupe 310.00 N* SPECIAL BARGAINS FOR TWO DAYS ONLY. EASY TERMS. Open Evenings and Sunday. STONE Chevrolet Coo 525 E. Washington. £ SPRING TIME W IS ' BARGAIN TIME 1926 Auburn Coupe $1,150 1926 Oldsinobile DeLuxe Coach 795 1926 Oldsinobile De Luxe Sedau *795 1926 Chevrolet Coupe '. 375 1925 Olds Coach 525 1926 Ford Coupe 365 1925 Nash Sport Roadster.. Ford Sedan . - 49 Ford Coupe 75 Ford Roadster 25 Liberal Terms S. FEESER, Inc. 1126 Prospect Place Open Evenings and Sunday FORDS 1925 Ford Tudor $275 1923 Ford Sedan 100 1923 Ford Coupe • 1922 Ford Touring 50 Small Down Payment LONG AUTO SALES 1114 N. Meridian }?;j fbVJIO Head Ford Touring. SSO down, ounnsr - SIOO of equipment. 1925 Ford Tudor, new balloon tires. SBS down. 1921 Ford Coupe. SSO. 1025 F ,? r<l Tudor, new tires, SSO down. 1923 Overland Touring, new Duco. SSO down. 1922 Hup Touring, new tires. SSO down. UC4 Dodge Sport Touring. sloo down. Overland Sedan, new oversize tires, sip* down. 1925 Overland 6 De Luke Sedan, new tires. S2OO down. OAKLEY MOTOR SALES. 1663-65 S. Meridian: _J Drexel 4743. FORD. 1926 Tudor; newly finished l in . true blue Duco. mechanically reconditioned: new Oldfield balloon tires, that have never been on the ground. If you like individuality this is the car for you; $410: sllO down, balance terms. WAN-GELIN-SHARP CO.. 962 N. Meridian. 443 Virginia Ave. DRex. 5020.
New York Stocks ’l!y Thomson & McKinnon! *
Railroads— Prev. High. Low. Clo-e. clot* Atchison ..174 173 Is 173% 173% Atl Cos Li .185 ... 18p 18. U-, B & O ...113% 112 !•• 11. Us 112’* Can Pac ..183% 182% 182 lB3 C A O ...157% ... l->< V LRU-CA-NW. 81 U ... 81 , 81 J s C R & P. 85V.ii 85 85M, BoVs Del & H .183 Va •• 183 L 182 Del & Lae .162 1 8 164 107% Erie ... 43% . - . 43 In 45 % Erie fi pf. . 55 % ... soV* * 56 Gt No pfd.. 86 ... 86 86% Leh Val .■• , 139 K C Sou.. 51 *i oO’s 00% oOH Mis P pfd .101 >i ... 106 L 101 N Y Cen . .142 ’* 141 % 141’* 142 N YNH&H 50 % 49 ’* 56 49 ’4 North Pac. 80% ... 80 80 Nor & W .172’* 171% Ill’s 171 % Pere Mar.. .. ... 117 Penn 5P 58 ** oO 58 *4 Reading ..10614 105’* 106 106% South Ra .124% 123J* 134 Vs 129 Sou Pae ..113 111 Is 112“8 112% St Paul ... ... 13 St Paul pfd 20% 20 % 20% 20% St L& S W 09% ... 69 >5 70 Vi St L& S F.112 111'4 Ill’s 112 Un Pae ...167% 167>4 167% 167 Wabash .. 70%. 69 70 69% Wanash pfd 93 92% 93 93 V* Rubbers — Fisk Rub.. 18% ... 18% 18% Good Rub. 54% 54Vi 54% 54% Goody pfd. ... ... ... 104% Kel-Spgfd. . 18 Vi 17 % 17% 17% U S Rub. . 63 62 Vi 62 % 62 is Equipments— Am C & F 103 Am St F. 45% ... 45% 43% Am Loco ..112 ... 11l Vi 111% Baldw Lo .101% 189 f89% 191 Gen El ... 85% 85Vi 85% 85 Lima Loco. 68 1 - ... 68% 68>4 Pres St C. . 58% 58 58% 57% Pullm ....177 J 76% 177 177% lty Sig ...111 Vi 110% 110’i 111 West Airb .153 152 Vs 152 % 154% West ,Elec. 74 Vi ... 73 Vi 74 Steels— Bethl 49’i . . 49 49% Colorado F 59 57 % 58 % 58 Crucible . . 90 % ... 00 % 90 >4 Gulf States 59 % 59 59% 00 P R C & I 43% 43'4 43 % 44 Rep I A S. 71 Vi 71 % 71% 72 Sloss-Sheff 131% TJ S Steel 163% 162V4 1 V-i 162% Vanadium.. 45 Va ... 43 44% Motors— Am Bosch. 14Vs 14% 14% 14% Chrysler .42 ... 41 % 41% Gen Mot. 179% 178 % 179', 178 % Mack Mot 105% ... 104% 104% Huson 71 % 69% 71 67 % Hupp .... 21 % ... 21 Vi 21 % Dodge ... 22% ... 22 22 Studebaker. 49% 49% 49% 49% Packard ... 36’% 35% 36 36% Stewart W.. 59 57% 59 56% Timken .. 86 % 85% 86 86 % Willys-Over. 22 1 * 21% 22 22 Pieree-Arr.. 20% 19% 20 Vi 19% Minings— Dome M... 8% ... 8% B’s Gt No Ore.. 19% 19 10% 19'; Tnt Nickel 40% ... 40', 40% Tex GAS 69 % 59 Vi 50 Vi 59% Coppers— Am Smelt 147 146 % 3 46% 146 % Anaeondn.. 46% 46% 46% 46% Inspiration. 19% 19 19% 10% Kennecott. 62% ... 62% 62% Miami ... 16 ... 16' 16' U S Smelt 40 Vi 38 40 ,38 Vi Oils— Cal Petrol. 28% ...s os oaij Mid-Cont P 35 % 34 % 35 351. Houston Q. 11.5% 106V* 108 117 Marland O. 51'* 53 51 ,50 % Freeport .. 53 % 53 53 % 52 % P-A P <B) 62% 61% 62 61% Union Oil.. 44% 441; 44% 445: Phillips P.. 51 % ..,’ s 5050 4 Skelly Oil.. 31% 31 31 % 31% Pure 0i1... 29% "8% 28 w 28% Roval Dut 50 % ... 50 50 S Oil of C. 55% .. 55% 55% S.Oil pf N J 37% 37% :-(7% 37 V’ Sinclair 18% ! 7 % is 18“ Texas Cos.. 48% ... 48 % 48% Tr Cont Oil 4% 4% 4Vi 4% Industrials—“W Ch 141% 139% 139% 140% Ad Rumely J 4 Vj ... 14 5 % 14 1 ! Allis Chaim ... 04 04 , i Can . 47 G* ... 4b 471/! AH&L pf .. ... .° 8 50 m Amer lee ..128% 128% 128% 125% Amer Wool. 19>i ... 19(4 n 0 Cent Leath. 9% 914 fi% "014 Coca Cola .192% ... 192 192’^ Dupont ...210 207 210 209 " Cont Can .. 63% 62 63 63% Davis Chm. 27 % ... 27% "R F Players .111% 110% 111 111 Gen Asphalt 87 Vi 86 Vi 86% 87%
Automobiles for Sale DURANT, four-passenger coupe: paint, tires and mechanically good: $250terms. sßar Four coupster. 1925 series; good: j 1922 Willys-Knight touring: good all ovpr: sl7.i. 1925 Ford touring; A-l: $225. ! SAME* ' 100) N.MERIDIAN. Lincoln 1177, Open evenings. STUTZ STUTZ SPECIAL TODAY 1923 .Stutz Sport $350 1923 Stephens Touring $275 1921 Stephens Sedan S3OO 1921 Peerless Coupe $l5O 1923 Cole Touring $250 Cadil’ae Touring $l5O 1923 Stutz Sedan $523 1923 Buiek Roadster $450 STUTZ INDIANAPOLIS CO. 957 N Meridian. Open Evenings and Sunday A M i ay, Essex coach. ’25. new paint \ksSXs4r ancl guaranteed thirty days. vWv You’ll sure buy this one at $125 down. P. B. SMITH AUTO CO. 450 N. Capitol. Hudson and Essex. FORD. J 923 Ford, late 1924 manufacturers’ model. This car has seen very little use: 5 good tires, lock wheel: $245: i . S? 5 ,.- ‘'own. TVANGELIN-SHARP J CO.. 443 Virginia Ave.. 962 N. Meridian St. DRex. 5030. Open evenings and Sundays. 1924 (>t.lfW’ Coupe, 4 pass: some as Jow as S2O down: many others to pick from. Open evenings. L. T. ALLEN MOTOR S U.ES. 917-23 Virginia Ave, t'ORO coupe. 1924; leaving city, will sacrifice Bel, 0770, 1117 King Ave. FORD. 1925 Tudor: 5 good balloon tires. Jockwliee); A-l mechanical condition; looiv at this one before you buv: $275 J 75 down. WANGELIN SHARP CO.. 002 N. Meridain. 443 Virginia Ave. DR. 5020. Open evenings and Sundays. FORD touring: good running condition: new battery and starter: $75 buys it. 32.)1 N. Illinois. Ran, 1308. ' FORD, 1923 roadster, with slip-on body: first-class mechanical condition. 5 good tires: $75, cash or terms. WANGELINSHARP CO., 963 N. Meridian St., 443 Virginia Ave, DRex. 5020, FORD, 1026 touring: newly finished in black Duco: new Oldfield cord tires. The season i 8 just at hand for this type car; down. W ANGELIN-SHARP A?e. DRex'. ffosff lall St ” 443 Virgirlia Trucks FORD ton truck chassis, six to choose from; 32x6 tires on rear: almost new special transmissions: 1926 motors: down payments SBS. SMITH & MOORE, authorlzed Ford dealers. 528 South Meridian St. Mam 6600, FORD % -ton slipoii body: cheap: *°,RD, LIGHT TRUCK SSO. STARTER: 1933, 717 DORMAN ST. ■ ll fc i.H U G ft 1 ' 1 ' 1 ON F D TK uCK S. VARIOUS t^v c e k p^ragsNT - 1188 ken - Legal Notices TH E following persons are hereby notified that the goods you have in storage will at,., i • I . for iSparges, legs paid before ikaW STORAGE CO YPE MAY TRANSFKR AyU NOTICE OP SALE OF REAL ESTATE BY c . . . _ EXECUTOR. In the Marion Probate Court. Rudcl isl * deceased. °* ‘ he estale ° f Beverly The undersigned, executor of the last Will and testament and codicil thereto of Beverly Radcliff. deceased, hereby gives notice that, by virtue of the power by said codicil conferred, he will at the hour of 10 o dock a. m. on the 30th day of April. 19-7. at 020 Indiana Trust Bldg.. Indianapolis, Ind.. and from day to day thereafter until sold, offpr for sale at /private sale the following described real estate belonging to said decedent: I-ot seventeen (17) in William M. Thrasher s subdivision of lots one hundred fifty-six (156) to one hundred sixty-five (165). both indusive, of Ingram Fletchers fourth addition to the city of Indianapolis. as per plat thereof recorded in Plat Book 4. page 188. in the office of the Recorder of Maripn County. Said sale will be made subject to the approval of said Court for not less than the full appraised value of said real estate and for cash. The undersigned executor reserves the right to reject all bids. Said real estate will Be sold free and dear of incumbrances, except the taxes for the year 1927, due and payable in 1928. MARVIN B. RADCLIFF, Executor.
Int Paper.. 50% 55% 56% 55% lot Hnrv ..158% ... 158', 159% Int Clll Ull. 54% 54 % 54% 55% Mont Ward 66 65% 65% 65Vi Natl Lead 192% 191 192% 194 Owen Bottle 82% . 81 82 Vi Radio 32% 51 % 52 52% Sear.- Rojb. 54% 54 541* 54', Real Silk 44 Untd Drug 166% 166 166% 166 USC 1P.215% 215 215% 215’U S led A1 7.3% 74'j 74% 75Vi Woohvorth 125% 125 125 146 Utilities— A T and T 162 161 Vi 162 16i Am Express . . ... 131 132% Am Wt Wk 77 % 76 % 77 76 BrKlyn Man 65% 65 65% 65% Col G A E 85 84% 85 84% Cons Gas . . 98 Vi 98 98 Vi 98 % Interboro ... . . . 47% No Am Cos. 48% 48% 48% 48% Peoples Gas . . . . . ... 130% Phila Cos . 102% 98 103% 9. St G and E 56% 56 % 56% *SO *4 Wn Union.... ... 152 152 Vi Shipping— Am Int Con . . ... . . . , 37 % A Sand C. .. ... .. . ' 4% Atlan Gulf. . . ... . . 33% I M M pfd. 40 Vi 39% 4040% Untd Fruit. .. ... ... 120V* Foods— Am Sugar. ... 82 82% Am Bt Sug .1 ... ... 23 % Austin Nloh .. ... 5% 6 Beech N Pk . . ... 56 56 Calif Pack. .. ... 64% 64% Coin Plods. 53Vi 52% 53% .>3'* Cuba Cn pf . . • ■ 42’a 42' Cu Am Sug . . ... 24% 24 Vi Fleischmami 50% 50 50',* 50 Jewel Tea.... ... ... 5(1 Nat Biscuit 107% 107 107% 106% Puuta Aleg. . . ... ... 39% Postuni .. 94% . 94% 94 Vs Ward Bk B. 21 Vs 23 Vi 24% 24 Tobaccos— Am Sumatra 51 50 Vs .0?% ,22% Amer Tob. ... ... 126 J-6 % Am Tob B 125 ... 124 120% Cons Cigars. 81 % 80% 81 815s Gen Cigars j>3% 54% Liggett 96 % 96% Lorillard .. .. ... .28 38 R J Kynlds 110’i 109 109% 111)., Tob Pro B . . ... 107 % 107 % U C Stores 93 ... 92 92’fl, Schulte R S 49 48% 48% 48 NEW YORK COFFEE PRICES —March 19— Prev. High. Low. Close, close. January 11.61 11.60 March .... 14.88 14.84 14.87 14.80 May .. . 13.92 13.88 13.88 13.87 Julv 12.88 13.85 12.85 12.85 September .. 12.10 12.06 12.06 12.06 December .. 11.65 ll.fW. 11.61 11.60
Banks and Exchange
—March 19— INDIANAPOLIS STATEMENT Local bank clearings were $3,467,000: debits. $7,367. Clearings lor the week were $22,339,000; debits. $46,07i.U00.
DEARTH WITNESS LIST DWINDLES (Continued From Page 1) rules committee, that attempt be made to bring both sides together in an agreement to the witnesses to three on each side for every point brought up in the testimony. “This would speed up the trial and is often resorted to in court cases,” he declared. ' Brief Filed Two briefs in the suit to mandate Governor Jackson to anoint a successor to Judge Dearth while the impeachment proceedings were underway, were on file today in Circuit Court. One was filed by Attorney General Ar.hur L. Gilliom, representing the Governor, and the other by Ralph K. Kane, attorney, who has entered appearance ae a friend of the court. Kane, who is leaving for Texas 1 today, said his brief sets out the fact that the Governor can not be mandated and can not waive th statutory provision that tho Governor can not be mandated. Gilliom’s brief sets out “that the suspension fro moffice of a judge and appointments by the Governor with the consent of the Senate, is unconstitutional and no duty rests on the Governor to make such appointments.” The Governor might be sued in mandate on his consent if it was for the purpose of facilitating the determination of a question, Gilliom declared. Gilliom closed the brief by recommending— that the court sustain the demurrers. “Confuse Matter” 1 Kane, however, took the stand that ruling on the demurrers would cause the basic action in the matter to be confused and recommended the court dismiss the entire case. Frederick Van Nuys, Dearth’s Indianapolis attorney, announced his brief probably will be filed the first of next week. E. R. Tempkn, Muncie attorney, who brought the mandamus action, will sendTiis brief to the court. Because Templen could not appear in court this morning, arrangements made by Van Nuys with Judge Harry O. Chamberlin to ](iave oral arguments on demurrers to the cause heard did not materialize. > It had been planned to dispose of the action this morning. Judge Chamberlin Friday told Van Nuys that if the matter was being brought in Circuit Court in order to get it before the Supreme Court he could sustain the demurrers, under a case which states that a Governor can not be the object of a mandamus writ. The court will rule after con? sidering the briefs, he said. In connection with reports that witnesses in the impeachment trial will not appear here until expenses are guaranted, Van Nuys said: “It’s rny opinion that thy will have to ap*‘ pear on order of the Senate.” The House board of managers is practically ready for the trial. Representative Lawrence E. Carlson of Huntington has been in Muncie most of the week shaping up the evidence. He returned to Muncie today to clean up a few odds and ends. “Cloudy” Juries The board of managers expects to prove with the official records and witnesses that there were “cloudy” jury proceedings in Dearth’s court, and that Dearth caused the person and property of a large number of Muncie newsboys to be seized without any process of law whatever because he did not like an article printed in the paper which the boys were selling on Muncie streets. The House impeachment charges allege that the judge violated constitutional guarantees by these acts. Among the witnesses whom the House board is subpoenaing is Arthur Jones, Muncie police chief, who will be asked to tell who gave the order for the seizure of the newsboys and their papers.
THE LN DIAN AUOLIIS TIMES
Market Steady to 10 Cents Osf —Calve Prices Go Lower. —llos Price Range— March. Bull; Top Receipts. 12. 11 85© 12.25 12.35 2.000 14. 11.80 Gb 12.25 12.30 3.500 15. [email protected] 12.25 6.000 16. 11.65(0)12.35 12.2.5 4.500 17.. [email protected] 12.00 5,000 18. 1 1.35 @12.00 12.00 3.500 19. 11.35 @11.90 11.90 1.500 The hog market at the liuliauapoli Union Stockyards ended in the week in the same manner that it has behaved throughout that period. At no time during the week was market higher and was steady only on some sorts with weakness diplayed by other weights at the same time. In one case it was 25 cents lower. Today prices were steady to 10 cents lower. As usually happens on Saturday, all receipts were small, but 1,500 porkers is hardly a good run even for that day. Friday’s holdovers were exceptionally large, 1.053 remaining. The market opened slow, trading being steady to 10 cents lower. The loss was mostly on light weight. The bulk went at $11.35@ 11.90; the top was $11.90. Price Range The chief pork quotations were: IGO-200 pounds, [email protected]; 200-250 pounds, [email protected]: 250-300 pounds* sll @11.35; 300 pounds up, $10.75 @ 11. Pigs cleared at $11.75 down and packing sows [email protected]. The cattle market was steady, the run estimated at 200. Beef steers went at sß@lo. beef cows, $3.50@ 7.50; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, $6.75@8. Veal Lower The calf market dropped 50 cents on the hundredweight. Most sales were at sl4 down and best vealers brought the figure up to $14.50. Receipts were 300. The sheep and lamb market wire quotably steady, based on Friday's prices. Conditions were only nominal, with a 100-head run. Top fat lambs were rated at $14.75; bulk fat lambs, $12@14; bulk cull lambs, $8 @ll. —Hogs— Receipts. 1.500: market, steady to lower 90-130 lbs. ... .\ [email protected] 130-160 lbs [email protected] 160-200 lbs [email protected] 200-250 lbs [email protected] 250 lbs. up 10.75@ 11.35 —Cattle— Receipts, 200: market steady. Beef steers [email protected] Bulk Stocker and feeder steers 6.75@ 8.00 Beef cows 5.50@ 7.50 Low cutters and cutter cows. 3.75@ 5.25 —Calves— Receipts, 300. market lower. Best vealers [email protected] Heavy calves 6.50 @ 9.00 —Sheep— Receipts. 100: market nominal. Top fat lambs sl4 75 quotable Bulk fat lambs [email protected] Bui kcull lambs B.oo@ 11.00 Note—Sheep quotations were established on Friday's market; Saturday's quotably steady. Other Livestock Bv Times Special LOUISVILLE. March 19.—Hogs Receipts. 1.000: market unevenly higher: tops, $11.65. Cattle—Receipts, 200: market steady. Calves—Receipts. 200: market steady; good to choice, [email protected]: medium to (rood, $8@10: outs $8 down. Sheep—Receipts. 50: market steady top lambs. $12.13; seconds. $10@11; sheep, $6 @7
GRAIN HIGHER, DUE TO COLDWEATHER All Advances Less Than One Cent. > BuJUnitcd Press CHICAGO, March 19.—There has been a sudden change to cold weather over all parts of the grain belt, with blizzards reported in western sections, and traders who have been bearish on account of the spring-like weather conditions did not continue today to press sales in wheat on the Chicago Board of Trade, and prices opened unchanged to % higher than the previous close. Liverpool came about as expected and Buenos Aires is closed in observance of a holiday. Corn opened unchanged to (4 higher than yesterday’s close. There has been much unloading of long lines of corn recently but there was a good rally near the close and not must further liquidation is expected. Oats opened unchanged to Vs higher than Friday’s close. This grain continues without incentive as to prices either w r ay and continues to follow the action of other grains. Provisions opened higher.
Local Wagon Wheat
Local grain elevators are paying $1.19 tor Ho. 2 red wheat, other rrades art ourchased on their merits
Produce Markets
Butter (wholesale price)—Creamery best grade, a pound. 50 @ 53c. Butterfat—Local dealers pay 60 @ 51c a pound. Eggs—Strictly fresh delivered at Indianapolis. 23 @22c. Poultry (buying prices)—Hens, large breed. 22® 24c: Leghorns. 20 @ 22c: roosters and Leghorn stags. 14® 15c: staggy young springs, 15@17c: soft meated springs. 19 @ 20c: Leghorn springs, 15® 16c; ducks. 17@20c: geese. 11 @ 12c: turkeys. young toms. 30@32c: old toms. 25c; hens, 30® 32c: guineas. 35c. Dollar Volume of Trade Now Lower Bu United Press WASHINGTON, March 19.—Dollar volume of trade fell off in the second weetc of March, but was greater than the same week of last year, the Commerce Department reported today. Wholesale prices again declined, bringing the general average to 8 per cent less than last year. Loans and discounts by Federal Reserve member banks declined and interest rates on call loans averaged lower than either the previous week or the same week last year. Business failures were less numerous than in either the preceding w’eek or the corresponding week a year ago.
Harp for Rhythm’s Ruler
Vincent I.<>i>ez. ruler of the realm of rhythm, was given tliis antique harp by Peggy O'Neil, original “That’s Peggy O’Neil,” when she returned to New York after six years abroad. Miss O’Neil smiles from behind the strings of the harp, which was made in 1574.
WEEK’S ADVANCE ON STOCK MARKET ENDS Issues Leading Recent Advance Score Losses Some Gains Made, but Depression General Trend.
By Rimer C. Walzcr Mnnazer United Press Financial Service NEW YORK, March 19.—After rising through most of the week stocks on the New York Stock Exchange reacted Friday, the leading issues closing wtih losses running up to 4 points. A few fractional gains were scored by inactive shares and some of the investment stocks, but in general the entire market was depressed. There was nothing definite in the news to account for the decline, which had been expected because of the impaired technical position of the market due to the rapid advance of late. • Money rates ruled easy all day with call loans at 4 per cent and in plentiful supply, despite the fact that banks called some $15,000,000 to meet balances at the Federal Reserve Bank. Bond prices were stronger, with Treasury 4’*s reaching anew high record. Cotton and wheat both recovered from early losses and week-end business reviews showed a broadening in wholesale and retail trade. Hence, there was nothing adverse which might be reflected in the market. Prices on dhe lCurb also showed a reaction, industrial > particularly selling under pressure. Lira and pesetas featured foreign exchange, both reaching new records for the year. Weeks’ Sales Record General Motors had risen to anew higlt level, above 180, in the early trading, bolstering up the entire market. Toward noon this leader began to decline, and as the selling spread, bears concentrated their efforts to bring a reaction. As stoploss orders were touched off further breaks were experienced. Volume of dealings took on the broadest scope of the week with sales rfinning over 2,200,000 for the day. Rails were among the first issues
Commission Row
TRICES TO RETAILERS FRUITS A t>ple—-Box Apples—Spitzenberg. $2.50 w '.nt: Grime": $2.25: Winesaps. $2.75 ■ Staymens. $2.75: Dcli< iou. $3.50 ©3.75 Extra fancy barrel*—Grimes. $4; Rhode Island Creoninrs. $4.50: r Chcrry Red Baldwins. $3.75: Rome Beauties, $4.50; Ben Davis. $4 50: Virginia WinSSaps. $5: Delicious. $7: New York Kings. $4.50; New York Baldwins. *[email protected]>: York Imperials. *4. Fancy barrels—lndian, i Jonathans $4: Indiana Staymens. $3.75: Winesaps. $4; Baldwins $3.75: Rome Beauties, $3.75©4: New York Baldwins. $3.50: Delicious, $5.50. Basket apples (40-lh. lots!—Jonathans. $1.75: Grimes. $1.50: Staymen Winesaps. $1.50: Delicious. $1.75; Baking. $1.50: Wagners. $1.35: New York Greenings. 81.50: New York Kings. $1.50: Baldwins. *1.25© 1.50. Bananas (jobing price)—OH @sc lb. Cranberries —Jersey Howes, half bbl. $4.00. Grapefruit—Extra fancy. $1.50© 5: fancy. $3.50 @4. Lemons—California. $4.60©5. Oranges—Florida. $4.50©4.75: California navels, extra fancy. *4.50 @5.75: fancy. $4 @5.50. Strawberries —Florida. 40@45c qt.: $4.25. 34-pt. case. VEGETABLES Artichokes—California. $1.50 dox. Asparagus—Georgia. $1 bunch. Beans—Florida green. 56 hamper. Brussels Sprouts—Fancy California. 30c pound. Cabbage—Holland seed. 2He lb.: new Texas. 3lie. Cauliflower—Crate. *2.50. Celery—Florida, 4@B-doz. crate. $3.76; S@lo-doz. erate. *3.50: Mammoth (washed), Sl© 1.25 doz. Cucumbers—Hothouse. $2.75 dozen. Eggplant—Florida. $8 per doz. Endive—Louisiana, *3 bbl. Garlic—California. 12He lb. Kale—Virginia Broeoli. $2 bbl. Lettuce—lechery, ert.. *3.60. H. G. hothouse 51.65 15-lb. basket. ■ Mangoes—Florida peppers, $5.50 crate: $1.50 peck. M ushroome—Pennsylvania. *1.50 © 1.76 for 3-lb. basket. Onions—H. G. yellow 100 lbs.. $3.75: Spanish ert.. $1.8o: Indiana white $2. Onion Sets—Red and yellow. 2 bu.. $5: white. 2 bu.. $7.50: Texas Bermuda plants. 5.000-crate. $5.00. Oyster Plant—H. G.. 60c dozen. Parsley—H. G.. 5Cc Der bunch: southern 7,5 e doz. Peas—Mexican telephone. $6 crate. Potatoes—Michigan whites. 150 lbs.. $3.85 Russet burbanks, 150 lb„ *4.25: Red River Obioa, 120 lbs., $3.50: Idaho Russets. 100 lbs.. $3.75: Idaho bakera, 6070s. *4: New Texas triumphs. $4 hamper. Seed potatoes—Maine cobblers. 160 lbs.. f6: Red River Early Chios. 120 lbs.. 3.75: Bliss Triumphs. 150 lbs.. 56. Radishes—Southern long reds. 300 85c- hothouse buttons. $1.25. Rhubarb—H. G. ,65c. Root vegetables—Turnips. bu.. *1: parsnips, bu.. $2: carrots, bu.. $1.50: Louisiana carrots. 90c doz.: H. G. beets, bu.. $1.50; Texas beets. *2.25 bu.; Louisiana beet si 90c dozen. Shallots—Louisiana, 60c dozen. Spinach—Texas. $1.75. Sweet potatoes bu - Nancy Halls. $1.35: Juliana mediums. *1.25. Tomatoes—Six-basket at, s4®6.
to feel the week-end selling. Norfolk & Western dropped 3%, Norfolk & Southern 3% .Canadian Paciflo 2’, Delaware & Hudson 3(4, Delaware, Lackawanna & Western I’4 and Atchison 2 points. Numerous Lossea Leading industrials were hammered. as were oils, notably the issues which had been bid up the highest in the recent advance. Houston OH dropped Bfor the day and General Asphalt lost American Telephone ancl Telegraph, the sensation Wednesday’, continued its decline, losing 3% for the day. United States Steel lost I’4; Continental Baking A. 2%; National Lead, 3(4; Warner Brotrtevs Pictures, 3, and Macy, 4'4. A few issues progressed, in spite of the wave of profit taking. Freeport Texas shot up 5%, while Federal Mining and Smelting gained 6(4 and Commercial Solvents B, 6(4.
Indianapolis Stocks
—March 18— , —Stock*— Bid Ask Amer Central Life 560 ... Amer Creosoting Cos pfd...101 104 Ad Rumely Cos com 14 14% Ad Rumely Cos pfd 36% 37 Belt R R com flfl% 71 Belt R R ptd 58 Cent Ind Power Cos pfd ... 89 02 Cities Sendee Cos com .... 52 .... Cities Service Cos pfd 89 % ... Citizens Gas Cos com 51 ... , Citizens Gas Cos pfd 106 ... Commonwealth Loan Cos pfd 99 ~., KooMahle Securities Cos com 51 .... Hook Drug Cos com 28)4 ... Indiana Hotel com ......120 .... Indiana Hotel pfd 100 ... Indiana Pipe Lino Cos 6.5 ... Indianapolis Gas 59 ... Indpls * Northwestern pfd.. 50 ... Indianapolis St Ry 39 40 Interstate P Ser pr lien pfd 99% ... Merchants .Pub Dtil Cos pfd. 100 ... Progress Laundry com .... 22 % >. •. Pub Sav Ins Cos . 16 ... Rauh Fertilizer pfd 48% ... Real Silk Hosiery pfd 100 Standard Oil Cos Ind 67% ... T H I & E com 2 ... T H I & E pfd 21 V li T * L Cos pfd 89 ... Union Trac ot Ino com 1 Union Trac of Ind Ist old .... 10 (Inion Trac ot Ind 2nd old.. 2 Union Title Cos com ...... SO ... I Van Comp Pack Cos pfd.... 16 ... 1 Van Camp Prod Ist pfd. ... 90 07 Van Camn Prod 2nd 96 Wabash Ry com 70 % ... Wabash Ry Cos pfd 93% ... —Hank Stock*— Aetna Trust and Sav C 0... .116 . Bankers Trust Cos 132 ... City Trust! Cos ..140 ... ContlnentsTVlstional 110 ... I Farmers Trust Cos ...240 ... Fidelity Trust Cos ...162 ~. . Fletcher American 170 Fletcher Sav and Trust Cos. .260 Indiana National Bank ...268 270 Indiana Trust Cos 230 250 Livestock Ex Bank 162 ... Marion County Bank 210 ... Merchants Nat Bank 326 .... Peoples State Bank 186 ... Security Trust Cos 27r> .. . State Savings and Trust ... 86 95 Union Trust Company ....410 ... Wash Bank and Trust C0..J58 .... —Bonds— Belt R R and Stockyards 4s 00 ... Broad Ripple 5s 79 % ... Central Indiana Gas 65.... 98 ... Cent Ind Power Cos 6s ....100 ... Citizens Gas Cos ss# 102% .. , Citizens St R R os ........ 85 86 Home T and T of W 65.... 103 104 Indiana Coke and Gas 65.. 102% ... Indiana Hotel 6s 98% ... Indiana Northern 6s 3 ... Ind Ry and Lt 6s 95 ... Ind Service Corp 65........ 92% ... Ind Union Trac 5s 3 ... Tndpls Col & So 6s 98 100% Indpis Gas Cos 5s 99% 100 >4 Indpls Lt and Ht 5s 101% 102 Indpis & Martinsville 5s .. 74% ... Indpls Northern os . 23 25 Indpis Sc Northwestern 55.. 74% ... Indpls & 8. E. 55.... 2 ... Indpls Shelby A$ E ii*.... 2 ... Indpls St Ry 4s 63 % 66 Indpls Trac and Term 65... 95 96 fndnls Union Ry 5.......1Q1 ... Indpls Water Wks Sec C0..100 . Indpls Water 5%s 103% Indpls Water 4 % s 94 % 96 Interstate Pub S Bs 0%5..102 ... Interstate Pub S Bs 6%5..104 ... T H I A E os 85 T H Trac A Light . - 96 Union Trac of Ind 0s 19 20% —Liberty Bonds—--Ist 3%s 101.20 101.40 Ist 4’* s 103.50 103.80 2d 4%s 100.50 100.80 3d 4%s 101.10 101.40 4th 4% s 104.20 104.40 U S Tr 4’4 s 114.30 114.60 U S Tr 3%s 108.70 109.00 U S Tr 3**s 106.10 106.40 —Sale*— i $2,000 Indpls. Trac and Term 6s. . 9*
Peppermint Oil
(By Thomson & McKinnon) NEW YORK, March 19.—Peppermint ml—Natural. $4.10 ©4.20; U. 8. P. 94.40 © 4.60,
Facts! Facts!
Our Washington Information Bureau hat on 1t shelves a supply of each one of the bulletins which The Daily Times nas offered to its readers during the past year. Below is a list. Check the ones you wish, fill out the coupon below and mall as directed. Enclose the proper amount In postage stamps. Single bulletins, 5 cents; four or more bulletins, 4 cents each; 25 or more, 3 cents each; the whole fifty bulletins, 51.50. WASHINGTON BUREAU. THE INDIANAPOLIS TIMES, 1322 New York Avenue, Washington, D. C. Enclosed find ...•••••• .cents, tor.. bulletins marked X on this list. j, j NAME ADDRESS CITY STATE.
ORIGIN OF ETIQUETTE— Interesting facts about the curious origins of our customs of good breeding and good form. QUICK BREADS—FuII directions for the housewife whose culinary ambition it Is to learn how to mako various kinds of quick breads. AMERICAN WARS—Condensed historical Information packed with facts, about the wars in which America' has engaged from the Revolution through the Span-lsh-American. LAMP SHADES AND HOW TO MAKE THEM—A bulletin of instructions, plainly written, for those who wish to make at home artistic and attractive lamp shades of various materials. THE EXPECTANT MOTHER—Drawn from official sources, this bulletin will prove of great value to the woman about to become a mother. MOVIE STARS-A list of the luminous lights of Hollywood with facts about their birth dates, careers on the screen, personal description and marital status. CARE OF FOOD IN THE HOME—Useful hints and suggestions for the proper preservation of foodstuffs. GOOD PROPORTIONS IN THE DIET—How to servo well-balanced meals. HOME-MADE PERFUMES AND COSMETICS—FormuIae and directions for making pure home made beauty preparations. SEEING WASHINGTON—A condensed travel guide for the tourist vo wishes to visit the capital of tho nation; interesting facts about public buildings und places. INDIAN NAMES AND THEIR MEANINGS—Drawn from government sources and historically accurate. COLUMBUS TO COOLIDGE—An outline of American hietory giving the high spots in the nation’s life. BASEBALL AND FISTIC STARS OF TODAY—Brief biographical facts about the outstanding figures im these branches of the sport world. HOME CONVENIENCES— Directions for building and installing a number of labor saving devices in tho home. DOUGHNUTS AND CRULLERS—A cookery bulletin of receipts for these dainties. DREAMS AND THEIR MEANING—A compilation showing the most popular meanings ascribed to various dreams. * HOUSEHOLD PESTS—The bedbug, the ant. the roach, the centipede, the fly and the mosquito—how to eliminate these pests from the house. BAFETY IN THE HOME—How to guard against a* cldetts from gas, electricity and poisons used In tlio home. BIOGRAPHIES OF THE PRESIDENTS-The facts In tho lives of all the Presidents of the U. S. • HISTORIC WORDS —Phrases that you use dally and wonder who first used them. APPLES AND APPLE DISHES—For'ty ways of using apples in delicious dißhes. CHRISTMAS CUSTOMS—The origins of all the customg of Christmas time. HOW TO INCREASE THE WEIGHT—Simple rules for putting on flesh. HOROSCOPES FOR THE YEAR—What the astrologer* predict for persons born on different dates. VALUES OF OLD COINS-Llstlng practically every U. S. coin of value to collectors. FIFTY WAYS TO COOK POTATOES AND EGGS A bulletin of recipes for preparing theee nourishing foods In many attractive ways. PALMISTRY— The standard rules for reading the llneg of the hands to tell fortunes. FACT AND FANCY—A bulletin of curious inforrfiatloa telling things that people think are so which re not so, and things they think are not so which are so. PIES AND PASTRIES—A cookery bulletin with full directions for making toothsome desserts of the pi* and pastry order. THE ESSENTIALS OF PARLIAMENTARY LAW—Us*ful alike to the man or woman in club, lodge, convention or meeting. OLD-FASHIONED DANCES —Simple directions for dancing the old-fashioned dances. AUTOMOBILE PAINTING—A bulletin listing the mar terials needed and giving full directions for reflnlshing the family car. FOREIGN DISHES—An Interesting compilation of odd dishes drawn from foreign sources. DESSERTS—A helpful bulletin for the housewife who 1* “stumped” on what dessert to have. Full direction* and recipes. HOME-MADE BEVERAGES—Hot and cold drinks tor every occasion and how to make them. NICKNAMES AND THEIR MEANINGS—A compilation of interest historically as to the origins of famou* nicknames. AUCTION BRIDGE RULES—A bulletin for the averag* bridge player who wishes to improve his game. AROUND THE U. S. COOK BOOK—Recipes drawn from every section of the United States telling how t* make famous dishes of local origin. AUTO CAMPING AND TOURING—UsefuI suggestiang for the gypsy motorist. HOME CANNING—A. bulletin the housewife will want ready for the canning season. THE ETIQUETTE OF DRESS—What to wear; th* proper thing for every occasion. FROZEN DESSERTS—Delicacies from the freerer and the ice box and how to make them. OUTDOOR GAMES—Suggestions and directions for games to be played by groups on outdoor parties. TRAVEL ETIQUETTE—The proper thing to do In hotel, train, ship. CARE OF CANARIES—If you have a pet canary, you will want this bulletin. PSYCHOANALYSIS SIMPLIFIED—^The science of th* reasons for behavior simply explained. SIMPLE PLUMBING REPAIRS IN THE HOME—Useful to the man of the bouse In repairing small tro bles ‘with the pipes. LOVE, MARRIAGE AND HAPPINESS-A bulletin that every mother might well place In the hands of her daughter—the facts of sex, love and marriage told 1* an understandable way. LETTER WRITING—HeIpI and suggestions for the wrlfc ing of letters of til kinds. WIT AND HUMOR-Joke* and toasts that are famous. J
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