Indianapolis Times, Volume 39, Number 37, Indianapolis, Marion County, 23 June 1927 — Page 14
PAGE 14
INDUSTRIALS UP; OILS AND MOTORS DOWN Rail Issues Little Changed —Speculators Watch Special Movements.
Average Stock Prices
Average of twenty industrials Wednesday was 169.50. off .37. Average of twenty rails was 136.13. up .01. Average of forty bonds was 96.35. off .06. Bu United Press NEW YORK, June 23.—Movements on the stock market in early dealings today were marked by irregularity, oils and motor shares selling down, while individual industrial issues scored substantial gains. Railroad stocks held about 'steady in light trading. The market was quiet in the first half hour, after Which trading took on a more active character. Wednesday’s irregular price movements were continued in early dealings. In the absence of news developments affecting the general trend, speculative attention converged on special movements in individual stocks. Lasky Cuts Pay Paramount broke to new low ground for the year 99 % off 1% lon President Lasky's order of a 10 per cent reduction in all salaries above SSO a week. Oils continued under pressure. Atlantic Refining sold at 114% off 4% from yesterday's high. Baldwin was a feature on the upside, gaining 1% to 227%, on short covering induced by the fact that the stock was loaning flat. Better at Noon Selling pressure lightened in the late morning and rallying tendencies developed in many sections of the list around noon. This improvement appeared largely due to comfortable conditions in the call loan market. Baldwin led the general list out of the reaction, rising to the highest price of its history at 229%-, up 3% from the previous close. Arthur Cutten is understood to ha\e resumed buying activities in Baldwin. Conferences have been held lately by big holders of the stock with the idea of- preventing a technical corner in the issue.
Banks and Exchange
Local bank clearings today were $3,221,000; debits, $6,476,000. NEW TOSK STATEMENT Bu United Press NEW YORK, June 23.—Clearings, $889,000,000; balances, $90,000,000. FOREIGN EXCHANGE Bii United Press NEW YORK, June 23. —Foreign exchange closed firm. Demand sterling $4.85 17-32, up .00 1 32: francs. 3.91%c; lira 5.74 c. up .08 ! ac; Beige.. 13.88 c; mark, 23.68 c; Montreal. .9596825. INDIAN BANK RATE DROPS Bn United, Press BOMBAY. India. June 23.—The Imperial Bank of India today reduced Its discount rate from 6 to 5 per cent.
Produce Markets
Butter (wholesale price! Creamery, best grade, a pound, 43@45c. Butterfat—Local dealers. 40c. Eggs—Strictly fresh delivered at Indianapolis, 18619 c dozen. Poultry (buying prices)—Hens, large breed. 18@19c; Leghorns. 13® 15c; old roosters, 5 lbs. up, 10®12c; under 5 lbs. and Leghorns, 80,10 c; broilers. 2 lbs. up. 25027 c; IV* to 2 lbs.. 22c; Leghorn black and small. 180 20c; ducks, 13015 c; geese. 8010 c; guineas, 35c; turkeys, young toms, and hens, 20c; old toms. 15020 c. Bu United Press NEW YORK, June 23.—Flour—Dull and easy. Pork—Steady; mess, $33. Lard Dull; midwest spot. $13.05013.15. Sugar— Raw; firm; spot, 96 test, delivered duty paid, 4.58 c; refined, quiet; granulated, 6.1006.20 c. Coffee—Rio No. 7 on spot. 14%c; Santos No. 4, 16%®17c. Tallow— Dull; special to extra. 7‘/2®7%c. Hay— Weak; No. 1, $1.2001.25; No. 3. sl.oo® I. clover, [email protected]. Dressed poultry— Easy; turkeys. 25046 c; chickens ,20®35c; capons, 30046 c; fowls, 13®28c; ducks, 18 @22c; ducks, Long Island, 23®24c. Live poultry—lrregular: geese, 10 (<t 12c; ducks, 12@24c; fowls, 20®23c; turkeys, 250 30c; roosters. 16c; broilers, 20@40c. Chees— Quiet: state, whole milk, fancy to specials, 27 0 28c; voung Americas, 24024%c. Potatoes —Southern, [email protected]; Maine, $4.50® 4.75. Sweet potatoes—Jersey basket, 50c® $2.75. Butter—Quiet: receipts. 11.113; creamery extras, 41%®42c; special market, 42%@43c. Eggs—Firmer; receipts, 27,458; nearby white fancy, 33®35c; nearby State whites, 25@32c; fresh firsts, 23024 c; Pacific coasts, 28034 c; western whites, 25® 27c; nearby browns, 270,33 c. Bu United Press i CLEVELAND, June 23.—Produce; Butter L-Extras in tub lots. 42@44c; firsts, 39® ■oc; seconds. 36%@37%c; packing stock. MBc. Eggs—Extras. 27c; extra firsts. 25c; vst4 24c; ordinary, 21c. Poultry—Fowls, WtmTlc-, Leghorn fowls. 16018 c; heavy broilers, 33®>35c; Leghorn broilers, 22® 24c; cocks, 14®;15c; ducks, 2502.7 c. Potatoes—South Carolina stave barreled cobblers, best [email protected]; Virginia barrels, $6. Bu United Press _ CHICAGO, June 23.—Butter—Receipts, 11. creamery, 39®39%c; standards, 89%c; firsts, 36%@37%c; seconds, 330) 35)30; extras. 40c. Eggs—Receipts. 14,082; ordinaries, 20®21c; firsts, 2Z@23c; seconds, 19c; extras, 23 3 /4C. Cheese—Twins, 22%023%c'. Americas, 23%c. Poultry—Receipts ,3 cars; fowls, heavy 20c; springs, 32c; ducks, 20c; spring ducks, 22c; geese, l3c; spring geese. 20c; turks. 20c; roosters, 13%c; broilers. 27c; Leghorn broilers, 21® 23c. Potatoes —Receipts, arrivals, new 85, old 12. on track, new. 214; in transit, 1.083; new market weak, no sales of old stock: Oklahoma and Arkansas Bliss Triumphs, [email protected]. Sweet potatoes ®1.25.
In the Cotton Market
- (By Thomson & McKinnon) NEW YORK, June 23.—1n trying to keep you ahead of the market trend instead of behind it, I naturally run the risk of being confounded by unexpected events. When I say the technical position of the cotton market warrants a good decline, I am sure I know what I am talking about. As for the weather, "no man knows whence it cometh or whither it goeth.” Evaluates Seaboard Bv T'nitril Press WASHINGTON. June 23.—A tentative valuation of $129,616,557 as of June 30, 1918, was placed today by the Interstate Commerce Commission of the properties of the Seaboard Air Line Railway. D. & H. Arguments July 9 Bu Vnlttd Press WASHINGTON, June 23.—Final arguments on the application of the Delaware & Hudson Railroad for permission to acquire the Buffalo, Rochester & Pittsburgh Railroad and to use Pennsylvania Railroad track between Dubois and Buttonwood, Pa., will be heard 'by the Interstate Commerce Commission 8.
New York Stocks
"By Thomson & McKinnon"
—June 22 Railroads— Prev. High. Low. 2:00. close. Atchison 180 179% 1701 * >BO% A Coast L 186 ... 186 186% B. & 0 117 1 i ... 117 117% Can Pacific 180% 179% 179% 180 C. & O : 1801a 179% 180% C. & N. W 87% 87 87% 87% C., R. & P 112% ... 111% 112% Del & Hud 217 215 216% 220 Del & Lack ... ... 164 Erie 53% 52% 52% 52% Erie Ist pfd .... 58% ... 57% 58% at No pfd 92 91% 91% 91% Lehigh Valiev ..126 125% 126 127 K C Southern .. 60% 5912 60 60% L & N 142% M K & L 52% 51% 51% 52% Mo Pacific pfd..107% 106% 107% 107% N Y Central ...152% 151% 152% 152 NY.N H & H.. 54% 53Vi 54 53% No Pacific :• 88% ... 88% 88% Nor & W 180% ... | 180% 182 Pere Marq 127 ... 127 126% Pennsv 63 ... 62% 62% Reading 117% 116% 117 117% Southern Ry .... 126% ... 126% 126% So Pacific 116 113% 116 113% St. Paul 17% .. . 16% 17 St. Paul pfd .... 33 31% 32% 32% St L & S W 89 87 % 88 89 St L & S F 113% 113 113% 113% Union Pacific ...127% ... 172 172% Wabash 75 74% 74% 76 Wabash pfd 100 ... 100 100% Rubbers— Ajax 8% ... 8% 8% Fisk 15Va ... 4 15% 15% Goodrich 54 ... 53 % 54 Goodyear pfd ... ... 113% Kelly-Spg 23>A 22% 22% 23 U. S. Rubber 41 39% 41 40% Equipments— Am Car & F 103 ... 102 102% Amer Loco 109 ... 109 109% Amer Stl Fd.... 47% 47 47Vi 48 Bald Loco 229% 225%. 228 225-% General Elec ..106% 104% 105 105 Lima 66 N Y Airb 46 45Va 45% 45 7 /a Pres Stl Car . . 59 Pullman 181% ... 180% 182 Wsth A B 172% 171% 172% 173 Wsth Elec 75 ... 74% 74% Steels— Bethle 49 Vi ... 49 49% Colo Fuel 87 85% 86 86 Crucible 85 Gulf St Stl ... 49% ... 49% 49%. Inland Stl 49% ... 49 49%' .Phil RC & 1... 41% ... 41% 41 % *Rep Stl 65% .. . 65% 65% Sl-Shef 124% U S Steel 121 % 120% 121 120% Alloy 29% Vanadium 46% ... 4614 47V* Motors— Am Bo ........ ... ... 15% Chandler 19% 18% 19 18% Chrysler 48 47 47% 47% Con Mo 11% 11% 11% 11 Dodge 20% 20 20% 20% Gabriel 45 44% 44% 45% Gen Mo 200% 198% 199% 200% Hudson 83 80% 81 % 82% Hupp 19% 19% 19% 19% Jordan . ... . 17 Mack 103 99 101 103% Mar Par ... 17 Moon 6 % 6 6 % 7 Nash 63% ... 63% 63% Packard 35% ... 35% 35% Peerless 23% .. 23% 23% Pierce Ar 15% 14% 15 15 Studebkr 49% 49% 49% 49% Stow War 62% 61 61% 62% Timken 101% 99% 100 100% Willvs-O 19% ... 18% 19 White Mo .... 37% 36% 37% 38 Mining— Am S-n 158% 157 157% 158 Anaconda 43% ... 43% 43% Cer De Pas ... 59% ... 59% 59% Inspir 73% ... 13% 13% Int Nic 64 ... 63% 63% Kennec 62% ... 62 % 62% Tex G & Sul... 64 63 63% 63% U S Sm 35% Oils— At Ref 115% 114% 114% 115 Cal Pete 22% 22% 22% 22% Frcep Tex 68% 67 a 68 68% Houston 160 ... 156% 159 Indpt Oil 19% ... 19% 19% Mariand C 34% ... 34% 34% Mid C Pete . 30% ... 30% 30% Pan-Am Pete B 58 ... 57% 58 Phil Pete 41 Vi 40% 41V* 41% Union Oil 41% ... 41 42 Pure Oil 26% ... 26'/* 26% R'V’l Dutch ... 49 ... 49 49 Shell 27 ... 26% 27 Sinclair 17 16% 17 16% Skelly 26% ... 26 26% S O Os Cal ... 53% ... 53 53% S O Os N J.... 36% ... 36% 36% S O of N Y... 30% ... 30% 30V* Texas Cos 47% 47 47% 47% Trans Pete 9Vs ... 8% 8% Industrials— Adv Rumly 12 ... 12 12% Allis Chaim ...106 ... 105% 106% Allied Chem 142% 141 141 142% Armour A ... ... 10% Amn Can 55% 54 Vi 55 55% Am H-L 10 Vi Am H-L pfd 63 Am Safety R ... 47 46% 47 ... Am Wool 20% ... 19% 20 Central L 15V* ... 15% 15-% Coco Cola 115% ... 114% 115',* Cont Can ..... 71% 70% 70Va 71% Cert Prods 52'% Dav Chem .... 31 ... 31 31% Dupont 240 Vi ... 239 242% Famous PI 100 Vi 95 Vi 97% 101 Va Gen Asphlt ... 75% 74% 75 75V* Int C Engr ... 44% 43% 44 44 Int Paper ...... 41V* ... 41 Vi 42% Int Harv r:iß3% 181 181! 183% May D Sta 68% ... 68% 68% Mont Ward 65V* ... 65% 65% Nat Lead 100% 100 100% 101 Owen Bet 76% Radio 54% 52% 54 52% Real Silk 28% ... 28% 28% Rem Type 43 ... 42% 43 Sears-Roeb .... 58 57% 57 V* 58% United Drug 167 Univ Pipe 28Vi ... 23Vi 28Vi U S C I P 227 226% 227 227 U S In A1 80% 79 80% 80% Woolworth 141% ... 140% 141 Utilities— Am T & T 164 163% 163% 163% Am Express ...141 ... 140 139% Am W W 93 ... 93 92% Brklvn Man ... 58% ... 58% 58V* Col Gs & El ... 94Vi ... 93% 93% Cons Gas 101% 101 ‘/a 101% 101% Interboro 37% No Am Cos 48% ... 48% 48% Peoples G 140 ... 140 141% S Gas and El .. 60% 60 60% 60% West Union 163% 163 163% I^2 Shinning— Am In Corp .... 60% ... 50% 51 Am Sand C 4% Atlantic G 37% Int M M pfd ... 50 49 49% 49Vi Ur't.pri Kr 128 ... 128 128% Foods— Am Sugar 90% ... 90 90 A B Sugar .... 20% ... 20% 20% Austin N ...... 5 ... 5 5 Beech N ... 52% Cal Pkg 62 ... 62 62 Corn Prods .... 54 ... 53% 54 Cuba C pfd .... 37% ... 36% 37% Cuba A Sug ... 23Vi ... 23% 23 Fleischmann ... 55 54% 55 54% Jewel Tea 61 Nat Biscuit ... ... 132% Punta Al 37% . 37% 38% Postil m 104 102% 103 103% Ward Bak B .. 26 25 25% 24% Tobacco*— Am Sumat .... 55 ... 54% 55 Am Tob 133% ... 133% 133% Am T B 133% ... 133% 133% Cons Cigars .... 85 83% 83% 83% Gen Cigars .... 66% ... 66% 66% Liggett 116% ... 115% 116% Lorillsrd .37% 31% 31% 31 '4 R J Revn 136% ... 136% 136% Tob P B 103 102 102'/* 102 Vi U Cig St.r 91 90% 91 91 Schulte R S 53% 52% 53 53% HOLD-UP IS THWARTED WHEN VICTIM FLEES Commission Merchant Ignores Command and Calls police. Two hold-up men approached John Knartzer, 2041 S. Delaware So., commission merchant at 2041 Madison Ave., as he unlocked the door of his business house at 3 a. m. today. “Hold ’em up,” they said, according to Knartzer. He started to run instead and they cried, “Hold on Knartzer,” but even that failed to stop him. He ran into a nearby home and while he was cal 1 ' g police the men escaped. COJRT BUSINESS BOOMS Seventy-five law suits, of all types and forms, were filed Wednesday with County Filing Clerk Louis Meyers. Meyers said it is the largest number filed on a single day in the last five years. Many are attempting to get suits filed before the court vacation season starts in July, in order to have them on the dockets early next fall. Frank Green, Superior Court Two bailiff, said seventy-nine divorce trials in that court are already set for next September. Arrested on Stabbing Charge Charges of assault and battery and drunkenness were placed against John Irving, 3842 E. New York St., Wednesday night when Motcr Policemen Hague and Gibbens investigated a report of a stabbing affray in a pool room at 37 W. Michigan St. David Redman, Negro, 717 Indiana Ave., was charged with assault and battery after he admitted using a knife.
DROP OF 10 TO 15 CENTS HITS TRADEJN HOGS Calves, Steers StrongCows Weak —Sheep and Lamb Mart Steady. \ —Hog Prices Range— June Bulk. Top. Receipts. 16. 8.7509.15 9.15 7,000 17. 8.754/ 9.10 9.15 8,000 18. 9.0009.35 9.40 4,500 20. 8.754/9.35 9.40 6,500 21. 8.750)9.35 9.40 10.500 22. 8.75®9.35 9.40 8.500 23. 8.5009.25 9.35 9,000 The tone of the hog market at the Indianapolis Union Stockyards today was generally 10 to 15 cents lower on the hundredweight. The tendency at Chicago was around 10 cents off. Most sales at the local center were at sß.so'</ 9.25, small lots of selected lights bringing $9.35 as a top figure. The run was estimated at 9,000 and holdovers were large, 1,128. This is the first time in nearly two weeks that a run has had more than a thousand porkers unsold. Hog Price Range Hogs weighing 160-225 pounds wont at $927 9.35; 225-275 pounds, $8.85 @9, and 275 pounds up, $8.50 <5 8.85. Pigs cleared at $9 down and packing sows were quoted at $7.25 @B. Irregularity still dominated cattle trade. Steers were strong, heifers steady and cows weak. Beef steers sold at $10.252713; beef cows, $6.2527 8; low cutters and cutter cows, $4.2527 5.50; bulk stock and feeder steers, $7,252/8.50. Receipts were 1,100. Better Prices The calf market was strong, offerings ranging from sl2 to sl3. The run counted 1.100. Although the undertone of the sheep and lamb market appeared weak in early trade it finally settled steady. Top fat lambs were $14.50; bulk fat lambs. $142714.50, and bulk cull lambs, $8.5027 10. Estimated receipts were 1,100. • -Hogs— Receipts, 9.000; market lower. 90-130 lbs $8.25479.00 130-160 lbs 8.754/9.25 160-200 lbs 9.0047 9.35 200-250 lbs 8.804/ 9.15 250 lbs. up 8.50478.90 -CattleReceipts. 1,100; steers strong, cows weak. Beef steers $10.254713.00 Bilk stock and feeder steers.. 7.254/ 8.50 Beef cows 6.254/ 8.00 Low cutters and cutter cows.. 4.25® 5.50 —Calves— Receipts, 1,100; market, strong. Best vralers $12.00® 13.00 Heavy calves 6.0009.00 —Shee p Receipts, 1,100; mraket steady. Top fat lambs $14.56 Bulk fat lambs 14.004714.50 Bulk cull lambs 8.50010.00 Other Livestock Bu United Press CHICAGO. June 23.—Cattle—Receipts. 9.000; few choice weighty steers steady, others weak to 25c lower; slow at decline; top. sl4. paid for 1,260-pound averages; best yearlings, $12.35; grassy natives hard to sell at downturn; Stocker and feeder trade negligible; decline on grass cows and heifers stopped; nulls easy; vealers 25 (a 50c lower: most sat sage bulls. $64/6.50; vealers, $10,504/; 11.50 Sheep—Receipts. 10,000; market slow; early sales of fat lßmbs steady to around 15c lower than Wednesday; early bulk natives, sl4® 14.50; few sales up to $14.75, best held higher: few native culls, $9.50010; strong weights up to $10.50 early: Inferior lambs down to $7.50; choice Idaho lambs held around $16.35: few good fat ewes about steady. $5,504/ 6.25; no feeding lambs sold; Indications about steady with Wednesday's late trade; choice 63-pound Idaho feeders late Wednesday. $13,564/ 13.75, or strong to 25c higher than Tuesday. Hogs—Receipts, 40,086; market slow, better grade hogs generally 104/15c lower, packivg sows 1547 25c lower: heavyweights, $8.5047 9; mediumweights, $8,754/ 9.25* light-weights, $8.65® 9.25; light lights. $809.15: packins sows, s7®B: slaughter pigs, $8,154/9. Bu United Press CINCINNATI, June 23.—Hogs—Receipts. 2.800; holdovers, 357; market, unevenly steady to 15c higher; 250 to 350 lbs., $94/ 9.15; 200 to 250 lbs.. $9,104/9.50; 160 to 200 lbs.. $9,404/9.50: 130 to 160 lbs., $9,254/ 9.50; 90 to 160 lbs.. $709.25; packing sows, $74/ 7.50. Cattle—Receipts, 450; calves, 850; market, steady; beef steers, 5947U1.75; light yearling steers and heifers, $9.25011.75: beef cows $5.504/)"; low cutter and cutter cows. $44/ 5.25: vealers. $9 4/12.50; bulk stock and feeder steers. $8 09. Sheep—Receipts, 5,200; market, lambs, 25®50c lower: sheep steady; top fat lambs. $15.75; bulk cull lambs, SB4/' 10; bulk fat ewes, s4® 6. Bil Times Bvecial LOUISVILLE, June 23.—Hogs—Receipts, 1,200; market steady; tops, $9. Cattle Receiptp, 200: market steady. Calves Receipts, 250: market steady; good to choice, $10011.50; medium to good, $8,504/) 10; outs, $8 down. Sheep—Receipts. 2,000; market, lambs 50c lower, seconds and sheep steady; mixed lambs, $14.25; ewes and wethers, $14.75; seconds. $10; sheep, $3.5005.50. Bu United Press CLEVELAND, June 23.—Hogs—Receipts. 200; market 5® 10c lower; 250-350 lbs., $8,754/9.35; 200-250 lbs.. $9.35<4x)9.60; 160200 lbs., $9,504/9.65; 130-160 lbs.. $9.2547 9.65: 90-160 lbs., $909.25; packing sows. $7.25 0 7.50. Cattle—Receipts, 350; calves, $500; market steady to 25c lower; beef steers, $8.50010.10; beef cows. $6®7.50; low cutter and cutter cows, [email protected]; vealers, $11.50014. Sheep—Receipts, 500; market steady; top fat lambs, sl6; bulk cull lambs, $11.50012.50; bulk fat ewes, $3.5005.50. Bu United Press EAST BUFFALO. June 23.—Hogs—Receipts. 1,600; holdovers, 160; market steady; 250-350 lbs., $94/9.75; 200-250 lbs., $9.65010: 160-200 lbs.. $9.85010.15; 130-160 lbs $9.75010; 90-160 lbs.. $9,654/9.90; packing sows. $7,504/8. Cattle—Receipts, 300; calves. 200; market, cows 50c lower; calves steady; beef steers. $10.50; vealers, $13.50014. Sheep—Receipts, 150; market steady; top fat lambs. $15.75. Bu United Press PITTSBURGH. June 23.—Hogs—Receipts. 1,300; market active, uneven; 250-350 lbs., $9.2509.75; 200-250 lbs.. $9.75010; 160-200 lbs., $10010.10; 130-160 lbs., $9 0 9.25 ; 90160 lbs., $8.75 09; packing sows. $707.50. Cattle—Receipts, light; calves 400;xmarket steady; beef steers. $10.50012.25, quotable: vealers, $l3O 13.50. Sheep—Receipts, 250; market slow, choice wethers, $7.5007.75: top fat lambs, sl6; bulk cull lambs, S9OIO. Bn United Press TOLEDO, June 23.—Hogs—Receipts, 1.400; market 15025 c lower; heavies, $9.25 09.50; mediums, $909.25; Yorkers, $9,250 9.50; good Pigs. $8.75@9. Calves—Receipts, light; market steady. Sheep and lambs— Receipts, light; market steady. Cattle— Receipts, light; market steady. Bu United Press EAST ST. LOUIS. June 23.—Hogs—Receipts, 15,000; holdovers, 296; market 50c@ $1 lower; 250-350 lbs., $8.60 09 ; 200-250 lbs., $8.8509.20: 160-200 lbs.. $8.900 9.25; 130-160 lbs., $8.2509.25: 90-160 1b5.,“58.2$ @8.90; packing sows. $7,604/8.10. Cattle —Receipts, 1,200; calves, 1,500; market steers steady; beef steers, $lO4/11; light yearling steers and heifers. $9.50010.50; beef cows. $607; low cutter and cutter cows. S4O 5.25; vealers, sl2; heavy calves, $7.5008.50; bulk stock and feeder steers, $7.6508.85. Sheep—Receipts, 4.500; market steady; top fat lambs, $14.25; bulk cull lambs, $9; bulk fat ewes, $4.50 0 5.50.
Local Wagon Wheat
Local grain elevators are paying *1.35 for No. 2 red wheat. Other grades are purchased on their merits. $210,000 For Exchange Seat Bu United Press NEW YORK, June 23.—The New York Stock Exchange seat of Arthur S. Wheeleg today was sold to Robert H. Loeb for $210,00.
THE INDIANAPOLIS TIMES -
Commission Row
PRICE TO RETAILERS FRUITS Apples—Box apples—Wlnesaps, $3,500 4. Extra fancy barrel apples—Ben Davis. Fancy barrel apples—Ben Davis, $3.25® 3.50. Basket apples (40 lbs.), Ben Davis. $1.2501.50. Apricots—California, 25 lbs., $3.50. Bananas—4osc 10. Cantaloupes—California standard crates, $5: pony crate. $4; flat crates, $1.75. Cherries —California, $4.50 box (8% lbs.); H. G., 24 qts.. $4. Gooseberries —H. G., $2 half bu. Grapefruit—Fancy, $54/ 5.75. Lemons —California. $74/7.50. Limes—California. $3 per hundred. Oranges—California Valencias crate. $3.7508. Peaches—Georgia Heley Bells, $3.75 bu. Pineapples—Cuban. $404.25. Plums—California, 25 lbs., $3. Raspberries—H. G. red. 24 pts., $303.25; H. G. black, 24 pts., $5. Strawberries—Tennessee, 24 qts., ss®6. Watermelons Florida (average 30 lbs.), 75®90c. VEGETABLES Asparagus—H. G. fancy white, 40050 c doz.; green, $101.25. Beans—Green. $3.50 hamper. Beets—H. G., 85c doz: new cutoff, $3 bu. Cabbage—H. G„ $5 bbl. Carrots—H. G., 75c bu. Cauliflower—Crate, $2.50. Celery—Mammoth (washed) $1.5001.75 doz. Mammoth, (washed) $1:5001.75 doz. Corn—Texas. $2 bu. Cucumbers —Hothouse. $101.25 Garlic—Fancy California, 20c lb. Kale—H. G.. 90c bu. Lettuce —Iceberg, crt., $6; H. G., $1.25 15-lb basket. Mangoes—Florida, $2.500 6 basket. Onions—Texas yellow, $3.25. H. G. green, 65c doz. Parsley—H. G., 75c dozen. Peas -California, $2.75 hamper. Potatoes—Michigan whites. 150 lbs., $8; Virginia Cobblers, $7.50 bbl. California Russets. 115 lbs., $7. Radishes—H. G.. long red. 25 0 50c: hothouse buttons, 40 0 60c. Rhubarb—H. G.. 40c doz. Spinach—Texas, $1 bu. Sweet potatoes—lndiana Jerseys, $2 bu. Tomatoes—H. G. Hothouse. 10 lbs., $1.65; Texas pinks, *1.35 crate.
In the Sugar Market
ißy Thomson & McKinnon) NEW YORK, June 23.—Interest in sugar today will center upon the July option prior to notice day tomorrow. Until this is out of the wav the market will be merely a technical one. but there continues to be an accumulation of the later months on the declines which is distinctly justified bv the strong underlying position of the market.
Gone, but Not Forgotten
Automobiles reported stolen to police belong to: Russell A. Grimes. 221 Good Ave., Ford, 566-892, from Capitol Ave. and Gale St. James C. Goetz, Edinburg. Ind., Ford, 8132, from Ohio St and Capitol Ave. Myrom Cox, Carmel, Ind., Ford, from Pennsylvania and Washington St. Vernon Winnings, Plainfield. Ind., Ford, 408-625, from Capitol Ave. ana Ohio St, R. W. Deerman, 718 Lawrence Ave, Ford, 20-929, from near Fountain Square. S. R. Gaskill, Plainfield, Ind, Ford, 578-540, from rear of Washington Hotel.
BACK HOME AGAIN
Automobiles reported found by police belong to: Ford, roadster, engine number 13, 368,899, license plate cut with 76-754 remaining, found at North St. and White River. George Weill, 306 E. Morris St, Chevrolet, found at State Ave. and Bradbury St. Edward Young, Delphi, Ind, Ford, found at 559 W. Merrill St. B ; rths 4lrl* Vrsper and Anna McKinney. 1 439 Everett. Henry and Addle Dearing. 1329 S. Villa. George and Sofie Burgess. 1322 Shepard. Clarence and Mary Bell. 3021 Wood. Joan and Anna Anderson. Indiana Christian Hospital. James and Mildred Costin, Methodist Hospital. Paul and Lucille Callon, Methodist Hospital. Wilbur and Dorothy Barlow. 1135 Vanderman. John and Nellie McCarthy. 331 N. Forest. Jay and Oracle Spears. 403 Beecher. Arnold and Jennie Birt. 307 S. Gray. Booker and Minnie Carter, 2042 Ilovey. Bovs Charles and Mabel Algag. 4551 College Ave. Robert and Henrietta Irwin. 1309 W. Thirtv-First. Luther and Charlotte Spencer, 819 S. Sheffield Ave. Russell and Hazel Schulz. 5120 E. North. Charles and Anna Sommerville, 5121 Brookville Rd. Charles and Lydia Lukenbill, 1138 N. Rural. Raymond and Marian Forbes, Methodist Hospital. Martin and Mary Curran, 318 N. Jefferson. Adolph and Nell Matzke, Methodist Hospital. Herman and Isabelle Stoeffler, 640 N. Jefferson. Fred and Leota Horner, 2328 Ashland Ave. Deaths James Angus Raine, 58, 1508 Broadway, aortic insufficiency. Carl Evans, 3, 423% W. Merrill, broncho pneumonia Dennis Edward Lewis. 14, 1130 N. Illinois, pleural pneumonia. Mae Cash, 61, Methodist Hospital carcinoma. Joseph Anthony Burnett, 4 months, general tuberculosis. Helena Chadwell, 9, Riley Hospital, acute mastoiditis. Elizabeth Robinson, 75, 1814 Boulevard PI, paralysis. Peter Molter, 67, 2805 E. Michigan, cerebral opoplexy. Addle west, 55, Mitral Insufficiency. Anna Knochen, 66, city hospital, chronic nephritis. William Rahm, 72, 2923 E. New York, cirrhosis of liver. Robert Fox, 17, Illinois and White River, drowning. Veda May White. 27, city hospital, malignant endocarditis. Betty Jean Huffman, 2, 1139 Hoyt Ave, glancoma. Clarence J. Bailey. 58, St. Vincent's Hospital, thyrotoxicosis. Elizabeth McEwen, 90, city hospital, chronic nephritis. Charles Mitchpll, 3, city hospital, skull fracture. George Pierson, 37, city hospital accidental. Anna E. Allen, 86, 471 N. State, chronic myocarditis. Alfred V. Taylor, 52, city hospital, strangulated hernia. Anna M. Oren, 70. Central Indiana Hospital, chronic myocarditis.Alice Elizabeth Snldaz, 81, Maroll Hotel, lobar pneumonia. Merrell Parson, 34, Indiana Christian Hospital, accidental. Laura L. Bennett, 47, St. Vincent's Hospital, carcinoma. Nora Wade, 68, 661 E. Twenty-First, carcinoma. Jeneva Martin, 26, 2503 Reform, pulmonary tuberculosis. Leonard W. Dunn. 30, city hospital, tubercular meningitis. Robert D. Bacon, 91, 2917 N. New Jersey, hypostatic pneumonia. Demph James Whltelaw, 55, 914 Indiana Ave., acute myocarditis. George Howard Taylor, 74, 1111 N. Alabama St., paralysia. James S. McKibben, 70, 336 N. Arsenal Ave., carcinoma. Spencer Clifton, 61, 719 Drake, valvular heart disease. William A. Powell, 81, 1621 E. lowa St„ arteriosclerosis. Belle Oberle, 66, 3431 Northern Ave., arteriosclerosis. John Martin, 66. Central Hospital, cerebral arteriosclerosis. Mary Helen Stafford, 26, Methodist Hospital, acute dilitation of heart. Katie Morris. 66, 821 E. Thirty-Sixth, acute myocarditis. Susan A. Light, 77, 1210 Parker Ave., chronic myocarditis. Anna S. Wills, 71. 510 S. Woodrow, Cirrhosis of liver. Louis Hamilton. 49, 4515 Schoffield, cardlJuhaar A. ly ßath. 56, A420 Clifton, chronic myocarditis. w Wesley Prater, 48, city hospital, thyrotoxicosis. Eugene Harris, 40, 2531 Northwestern Ave., pulmonary tuberculosis. Heat Wave Grips Seaboard Bu Ignited Pri ss NEW YORK, June 23.—The North Atlantic seaboard will continue to swelter until this afternoon, when showers will give some relief from the wave of humidity which is gripping the Eastern States, according to the local weather bureau.
WHEAT PRICES AVERAGE LOWER AT PIT’S CLOSE Drop More Than 3 Points — Decline Spreads to Corn and Oats. Bu United Prji CHICAGO, June 23—The wheat market was erratic and prices averaged lower on the Chicago Board of Trade today, as a result of weaker Liverpool cables, better weather generally over the belt and the impending new crop movement in the Southwest. Apprehension in regard to prospective hedging pressure also being a factor in limiting the buyingr Heavy pressure developed late in the session and in the absence of outside support forced wheat prices 2 % to 3 s lower. Corn was under heavy pressure right from the start and sold off sharply early, weakness in wheat and reports from the Southwest that the crop is generally much better than predicted checking buying. Local bulls tried to stem the selling tide, but had little success. The late season appears to have been discounted temporarily as a bull factor. The cash demand was slow, with prices lc lower. Prices also declined I s to 1% below the close. Oats were sluggish and lower, closing lc lower. Trade was light and without feature. The cash market .was "i lower. Provisions were dull and a little lower. - Chicago Grain Table —June 23WHEAT— Prev. Open. Rich. Low. Cilo.se. close. Julv .1.44'. 1.45 1.41% 1.41% 145% Sept 1.41% 1.12% 1.39% 1.(0% 1.42% CORN July. .93% .93% .97", .98% 1 9(1% Sept. 1.04% 1.05% 1.03% 1.03% 1.05% OATS - . JuiV. .48% .46% .47 .47% .48% Sept. .47% .48 .46% .47 .43 LARD— July. 12.60 12.60 12.52 12.52 12 62 Sept. 12.80 12.30 12.72 12.72 12.82 RIBS— July. 11.85 11.85 11.89 11.60 11.90 RYE— July.. 1.18 I.l* 1.15 1.15% 1.18% Sept.. 1.03% 1.03% 1.01% 1.01% 1.04% Bu 'limes Borrinl CHICAGO. June 23. Carlo*.;. Wheat, 19. corn, 145; cats, 42 rve. 3. Bu Times Sure ini CHICAGO. June 23. Primary receipts— Wheat. 709,000 Bgaiis: 1,071.000; corn. 761,000 against 461,000; oats. 317.000 against 34 1. 000. Shipments Wheat. 431.000 against 534.000. torn, 556.000 against 852,000; oats, 200,000 against 544,000. Bu I luted Peesi CHICAGO. Junr 23. Cash grain: Wheat —No. 2 hard. $1.48%•; No. 3 liar,!. $1.45%.; No. 4 hard. $1.43 1 . 1 14%c. Corn No. 2 yellow, sl.ol® 1.01 %: No. 3 yellow. 99 w 99 ,c. No. 4 yellow. 95 i®9Bc; No. 5 yellow, 93%® 94c. No. 6 yellow, 89 /.)l .c; No. 2 mixed. 9D%c; No. 3 mixed. 96%c; No. 6 mixed, 89 'n 89%c. No. 4 white. 95''/ 97c; No. 5 white. Die; No. 6 white. BD'.c; sample grade, 73 / 91c. Oais -No. 2 white. 49%0 51c: No. 3 white. 46%5i 49c; No. 4 whtci. 42% ■/ 48%e: ■'ample grade. 43c. Barley—*s® 87c. Rye No. 4. $1.07. Timothy— $4,754/ 5. Clover $204/35. Bn I nlted Press TOLEDO. June 23.- Close Wheat No. 2. *1.43 •/. 1.44. Corn No. 3. *1.02® 1.03.' Rve—No. 2. $1.17. Oats No. 3. 50%® 51* c. Clover -Cash, imported. $13.75; October. $16.95. Orctmber, $16.80. Timo'.hv Cash, new, $2.4V cash, old, $2.55; December. $2.75. AlsiKe August/ $11.25. Bitter—42o-45. Eggs 21 -23 c. Hay $25. COMET HEARER CITY Visitor From Void May Be Seen Tonight. Pons-Winneckc. the fcomet with a hair cut, today was still gallivanting around the erstwhile private domin of the earth in space, and getting closer at the rate of 41.666 miles an hour or a mere 694 miles a minute. The seemingly tailless comet was plainly visible with the glass at Indianapolis last night, according to Russell Sullivan, 1431 N. Meridian, astronomer. “Rons-Winnecke. however, should be visible to the naked eye tonight,” Sullivan, who spotted the celestial visitor in the northeast between the star Vega and the constellation known as the Northern Cross last night. “In a few days the comet will be as big as the moon, but far, far dimmer. It's best seen about 11 p. m.” After coming within a mere 3.000.000 miles of the earth Pons-Win-neckc will veer away, drawn by the sun's magnetic power, and disappear into the void of the universe at a ’,000,000 miles a day clip.
Belt’s Victim
KjjEßr ■
P. L. Lohman
P. L. Lohman, 65, of 1109 N. Gale St., night engineer at the William H. Block Cos., store who was killed Wednesday night when caught in the immense belt which drives the refrigeration compressor. Smoke from the jammed belt attracted Joseph Guey, outside v/atchman, who notified Joseph Michel, night watchman, who found Lohman's mangled body. He is survived by his widow, two sons, M. L. Lohman, 1358 N. Gale St., and C. L. Lohman, 1109 N. Gale St., and two daughters. Mrs. E. R. Copper, 611 E. Southern Ave. and Mrs. C. F. Gierke, 1348 N. Gale St.
Lions’ Leaders
Up h
L. J. Drew, above, and the Rev. Fred A. Line
The Lions Club elected L. J. Drew president at a luncheon at the Lincoln Wednesday. J. G. Thomas, retiring president, was presented a thirty-second degree Masonic ring. Other officers: First viec president. Tom C. Polk; second vice president, M. V. Warner: third vice president, C. S. Merrick: secretary, the Rev. Fred An Line; treasurer, Dr. K. B. Mayhall: directors, C. H. Bruce, T. A. Deckert, J. H. Armington; tail twister. Charles Stevenson; lion tamer, Lee 'Emmelmann.
The City in Brief
FRIDAY EVENTS International Few Though Alliance congress. Claypool all dav. Maccabees reception and dinner. Sevcnn. evening. Indiana Retail Hardware Dealers banquet. Scverln, 7 p. m. Ni-htliaw.; Athletic Club party. River;ide Far.-: sk-.ting rink, evenings. Indianapolis Foreman's Club dinner and meeting, KUersldc pumping station. 6:30 p. m. and . National Association for Advancement of Colored People meetings. Bethel A. M. E. Church afternoon and evening. Caleb Mills Hall e.ening. Garfieid Civic League mass meeting. Garfield Park. 8 p. m. Moose Ward! Gras, Armory, 8 p. m. City hospital commencement, city hospital, 8 p. m. . _ . . Knights of Columbus luncheon. SplnkArms. . , Optimists Club luncheon. Claypool. Cnamber ol Commerce open forum lunch. Chamber of Commerce. Exchange Club luncheon, Lincoln. Delta Tau Delta luncheon. Board of Indianapolis Federation of Community Civic Clud meeting. Chamber of Commerce, 8 p. m. Mrs. John R. Love, 2425 N. Gale St., today asked police help to find the owner of a carrier pigeon carrying a band inscribed—26-CIOO7O NP A. It flew to her home a week ago. When Mrs. I*. E./Eberly, 1365 N. Gale St., cranked her auto while it, was in reverse gear at Twenty-First St. and Capitol Ave., the car backed up and was struck by a Northwestern street car. The auto was damaged slightly. Mrs. Ebcrly's two children, in the machine, escaped injury. Gustav G. Schmidt, head of the Indianapolis pity plan commission will speak before the regular open forum luncheon of the Indianapolis Chamber of Commerce at noon Friday. His topic will be “City Planning.” Other members of the plan commission will attend the luncheon as guests of honor. Annual picnic of the Triple Link Club of the Southeastern Odd Fellows and Rcbekah lodges will be held at Broad Ripple Park, Sunday. Fire bursting from the control box in the motorman's compartment of an east bound Sheridan Ave. street car at Alabama and Washington Sts., early Wednesday night, caused a flurry of excitement with passengers and spectators. Indiana’s shortest railroad, the Lake Erie & Ft. Wayne, with eight miles of right-of-way at Ft. Wayne, has filed a capital stock increase from $75,000 to SIOO,OOO with the Secretary of State. The money is to be used to extend the tracks to join the Wabash Railroad south of Ft. Wayne. FORT NEEDS BARRACKS, MAJOR GENERAL SAYS C. M. T. C. Appearance Pleases Area Commander. Better barracks remains the outstanding need at Ft. Benjamin Harrison, Major General Dennis E. Nolan, fifth corps commander, stated after an inspection of the local army post today. The general and his staq, accompanied by Brigadier General Dwight E. Aultman, commandant at the fort, and Adjutant General William H. Kershner, called on Governor Jackson, visited the World War Memorial plaza and the new Indiana National Guard armory. Nolan was high In his praise of the many patriotic things being done in Indianapolis and the splendid cooperation of city and State with the military. “The C. M. T. C. troops at Ft. Harrison marched to music like real soldiers and they ha®e only been at the camp three days,” Noland said.
SAYS NEGROES FACE DRUGGIST GAN IN STATE Hoosier Tells Colored *€onvention of Alleged Indiana Discrimination. Charges that a Negro cannot be a druggist in Indiana were heard at today’s session of the National Association for the Advancement of Colored People, meeting at Bethel African Methodist church, Vermont and Toledo Sts. The state law xequires two years of pharmacy apprenticeship before one can become a licensed pharmacist has been made an effective bar keeping Negroes out of the profession, F. M. Anderson, Terre Haute, told delegates. Anderson said his son James T. was a graduate of the Indiana School of Pharmacy here. After many white druggists had refused James a job, a white friend of Anderson at Terre Haute offered to let the boy serve his apprenticeship in his drug store, Anderson related. Tells of Boycott “The anti-Negro element was furious,” Anderson said. “A boycott was instituted against the druggist and four months after James went to work for him, his business had been wrecked and he had to sell out.” The sersion this morning was opened by James Weldon Johnson, noted Negro poet, writer, translator of operas and at one time American consul to Nicaragua and Venezuela. He told how Negroes in seeking equity and justice were no longer appealing solely to the sentiment of the masses, but were resorting to legal action. It was pointed out that Negroes had gained three important court decisions, two from United States Supreme Court and one from the Colorado Supreme Court, since Jan. 1. Delegates weer told how United States Supreme Court had given Texas Negroes the right to vote in their State Democratic primaries, and how residential segregation of Negroes in Louisiana was declared unlawful by ttie same high court. School Fight Won George W. Gross. Denver delegate, related how Colorado Negroes had gained social equality for their childen in public schools. Professor Washington of El Paso, Texas, spoke in instcady of Dr. L. A. Nixon of the same city, on the fight for the right to vote in the State primary. The decision was gained in a test case made when Dr. Nixon was refused admittance to the polls. Samuel A. Browne, Staten Island, N. Y., postman was also on the speakers’ schedule. Brown is suting his white neighbor for SIOO,OOO damages as result of alleged persecltion suffered when he moved into a white neighborhood. C'ongrrsman to Speak F. E. De Frantz of Indianapolis was slated to preside at the afternoon session. Hamilton Fish, Jr., scion of one of New York's most socially prominent families, a Congressman, will speak tonight at Caleb Mills Hall before the evening session. Fish commanded Negro troops during the World War. Noble Sissle, Negro vaudevillian. of the team of Sissle and Blake, will entertain tonight with several songs. LOSE IN BUILDING FIGHT Spanns Denied Tcrmit to Erect Filling Station. Mr. and Mrs. Charles B. Spann lost another step in their fight to get permission for erection of a filling station at the southeast corner of Fall Creek Blvd. and Delaware St. Circuit Judge Harry O. Chamberlin denied their plea for a writ of mandamus to compel Building Commissioner Bert I. Westovcr and Controller William C. Buser to issue a building permit for a station. The case is to be appealed to the Supreme Court. The city board of zoning appeals today postponed consideration of Spann's plea for a permit appealed from the city plan commission, until July 7. Case of Mary Stanford, seeking a permit for a filling station on the southeast corner of the same intersection, also was postponed to July 7.
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JUNE 23,1927
HELP FIGHT ON GOITER Indiana and Ohio Cited by Medical Speaker. Bu United Press WEST BADEN, Ind., June 21— “While simpler golf prevails to a lesser extent in Indiana and Ohio than in certain other sections of thß United States, many valuable scientific contributions dealing with the subject have been forthcoming from these States," said Dr. Robert Oleson, United States Public Health Service, at the meeting of the National Eclectic Medical Association here today. Dr. Oleson is making a survey of goiter conditions in southern Ohio and Indiana.
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