Indianapolis Times, Volume 39, Number 44, Indianapolis, Marion County, 1 July 1927 — Page 19

JULY 1, 1927

LIST ADVANCES; Baldwin makes 9-POINT JUMP Improved Tone Follows Early Depression of LeadNew York Stocks.

Average Stock Prices

Average of twenty industrials Thursday Was 166.23, off .30. Average of twenty rails was 133.72, up .24. Average of forty bonds was we.B2, up .02. Bu Uvitcl Press NEW YORK, July I.—After several leading issues had been depressed further at the opening of the stock market today, due to the small increase in brokerage loans reported at the close yesterday, the pivotal shares turned about in early dealings under the lead of Baldwin Locomotive which shot up 9 points to 228 General Motors gained a point to 196 and U. S. Steel firmed up. Oils were irregular and rails quiet with Atchison up a point. Wall Street was disappointed over the increase of $2,050,000 shown in local brokerage loans as of June 29. In view of the irregular behavior of stocks during the period covered and particularly the heavy selling niovement last Monday, a decrease been expected. However, it was generally believed that the gain was due to stocking up by bond dealers in anticipation of the July 1 reinvestment demand rather than to increase borrowings on stock collateral. More Reduction? An offset to the higher loans was furnished by the record Treasury surplus of $636,000,000 at the end of the 1927 fiscal year. This showing was taken to assure further tax reduction in the coming session of Congress. Price movements in the main body of stocks showed no definite trend in the early dealings. Steel and Baldwin firmed up fractionally, while General Motors experienced a small recession. Paramount-Famous broke to new low ground on the movement at 93 off 4%, while Texas Gulf Sulphur reached the best levels of the current advance at 65% up % and Hudson at 80 Vs up Vi. Receives Boost Rallying tendencies in the general list were given impetus shortly after noon by a drop in call money to 4Vi per cent from a renewal rate of 5 per cent. Nervousness in the bear camp over the impressive character of the morning recovery was heightened by this development. Short-covering became more urgent and the speculative leaders rallied vigorously. Baldwin soared to 232, up 14 points from the previous day’s low. Reflection of the overflow of July funds into the stock was afforded in the action I ™ numerous standard shares. f American Radiator Was in active demand, scoring a sharp advance.

Banks and Exchange

INDIANAPOLIS STATEMENT LAca! hank c'enri-"rs today were $4,335,OflO; debits, $7,264,000. NEW YORK STATEMENT Bu United Press _ NEW YORK. Julv I.—Clearings, $1,587,000,000; balances, $142,000,000. FOREIGN EXCHANGE Bu United Press NEW YORK. July I.—Foreign exchange closed irregular. Demand sterling. 54.85 1-4: francs. 3.91%c- lira 5.54 c. up .01; Belgas. 13.87 c: marks, 23.68%c: Montreal, .9984375 c: Russia, 5.15 c; Hong Kong. 49'/,c; Shanghai. 62%c‘. Yokohama. 47.31 c.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, July I.—Unsettlement and nervousness is apparent in the sugar futures market for the time being as the result of the heavy July liquidation and the disappointing market for actual raws. The increased estimate of European beet sowings was given more signifiaance than it was properly entitled to. inasmuch as the increase was principally in Russia where statistical reports are notoriously unreliable. Apart from the momentary influence we still consider the later months as good investments.

Local Wagon Wheat

Local grain elevators are paying $1.35 for No. 2 red wheat. Other grades are purchased on their merits. Estimate wheat crop AT 27,000,000 BUSHELS Harvest Will Decrease Four Million in Indiana. A production totaling approximately 27,000,000 bushels is the estimate placed by Indianapolis grain dealers and millers measuring Indiana’s wheat crop. This reflects a decrease, compared, with the 1926 wheat output, of 4,000,000 bushels, end is about 2,000,000 smaller than the ten-year average for this State. Abandonment of acreage in the early spring, due to winter killing, accounts for only a small percentage of this decrease, the chief backset sustained being caused by the spring floods of the lowlands along some of the larger rivers in the State. SET MARRIAGE RECORD June Brides Total 494, as Compared to 468 Last Year. Marion County June brides made a record this year, according to County Clerk George O. Hutsell. This June, 494 couples were given licenses to wed. Last year only 468 licenses were issued. TURN OVER TAX SHARE Wff /County Treasurer Pays $960,455 Into 11 State Funds. 8 Marion County Treasurer Edward ■v. Ramsay today turned over to ■state Treasurer Grace Urbahns a Kheck for $960,455, the State’s quarterly share &>f taxes collected by the ftounty. Tfie amount is divided fcmong eleven State funds.

New York Stocks

"Bv Thomson & McKinnon*

—July 1— Railroads— - Prev. High. Low. Close, close. Atchison 179% 17712 178% 176 V, A Coast L 18314 ... 18314 183 V, B. Si 0 11414 113y s 11414 11414 Can Pacific 177 V, ... 177 V, 177% C. Si O 176% ... 176% 176 V, C. Si N. W 85 84% 85 84% C., R. & P 113% lll‘/s 112% 1.11% Del Si Hud 211 210 211 21014 Del Si Lack 163 Erie 52 ... 52 52 Erie Ist pld .... 57% ... 57% 57% Gt No pfd 88% 8814 88% 88% Lehigh Valley 122% 122 1221, 121% K. C. South 58% 58% 58% 59 L. & N 121% M. K. Si T 51 50Vi 50% 50% N. Y. Central ..148% 147% 147% 150 Mo Pac pfd 10314 103 103% 103 NY,N H & H.. 52% 52 52% 51% No Pacific 85% Nor Si W 178% 177% 178% 178 Pere Marq ... ... 131% Pennsy 63 62% 63 63 Reading 114% ... 114 114% Southern Ry ...125% 124% 125 126 Southern Pac... 118% 116% 118 117 St. Paul 16% 15% 16 16 St Paul pfd .... 31% 31% 31% St L & S W 87% ... 87 86% St L & S F 112V* ... 112% 111% Union Pacific ..172% ... 172% 172 i Wabash 72% 71% 72% 72% Wabash pfd 97% ... 97% 98% Rubbers— i Ajax 8% 8% 8% 8% Fisk 15% 15 15 15 Goodrich 53V4 52% 53% 53 Goodyear pfd .112% ... 113% 112% Keliy-Spg 23 22% 23 22% U S Rubber 42% 40% 42% 40% Equipments— Am Car and.Fd.. 98'i 98 98V* 99 Amer Loco 105 104% 105 104% Am stv Fd 45% 45Va 45% 46% Bald Loco 232% 219% 230% 219% Gen Elec 112 108% 111% 108% N Y Airb 44% 44% 44 44% Lima 82% Pres Stl Car 57% Pullman 182 ... 182 182 Wsth A B 171 V/, 168% 171% 168% Wsth Elec 75% 73% 75 73% Steels— Bethle 46% 46 46% 46% Colo Fuel 90V, 88% 90 88% Crucible 82 ... 82 82 Gulf St Stl 46 Inland Stl 50 47% 50 47 Phil R C Si 1.. 38% 37% 38 37V, Rep Stl 61% ... 61% 61% Sl-Shef 117 U S Steel 120% 119% 120% 119% Alloy 27% ... 27% 27% Vanadium 44 % Motors— Am Bo 18% 17 18% 17 Chandler 17% ... 17% 16V, Chrysler 46 45% 45V, 45V, Con Mo 10% ... 10*,, 10% Dodge 19% ... 19V* 19% Gabriel 45% 44% 45 44% Gen Mo 197% 194% 197 195 Hudson 80% 79% 80% 79% Hupp 19% ... 19 Vi 19% Jordan 14% ... 13% 14 Mack' 97% 95 96 97% Mar Par 17 ... 17 17 Moon •* 6% 6% 6% 6 Nash 63V* 63 Va 63V* 63% Packard 35 34% 34% 33% Peerless 23 ... 23 23 Pierce Ar 14% ... 14V* 14 Studebkr 49% 49 49 Vi 49% Stew War 60 59V* 60 60% Timken .: 100 ... 99% 98% Willys-O 16% 16% 16% 17 White Mo 36Vi ... 36V* 36% TVlining— Am Sm 153 V, 151% 153V* 152 Anaconda 43 ... 42% 42% Cer De Pas 58'% ... 58% 58% Inspir ... ... 13V* Int Nic .. - 59% 58 59 58% Kennec 61 Va 61 61% 60% Tex G & Sul .. 65% 64% 64% 64% U S Sm 35% ... 35Va 35'% Oils— At Ref 114 109% 110 110% Cal Pete ....... 23 22% 23 22% i Freep Tex 68% 67'% 67V* 67% Houston 156% 151% 156% 151% Indp Oil 18% ... 18% 18% Marland C 32% 32 32Vi 32% Mid C Pete 30 . . 30 30% P-A Pete B 54Vi 53'% 54 54'% Phil Pete 39% 39% 39'% 39% Union Oil 40V2 ... . 40'% 40% i Pure Oil 26 ... 26 25% Royal Dutch ... 48 ... 48 47% Shell 26% 26% 26% 26'/* Sinclair 16'/* 16 16 16 Skeliy 25Va ... 25% 25% Std Oil Cal ..., 52% ... 52'% 52'% Std Oil N J .... 36% ... 36% 36'% Std Oil N Y 30% 30V* 30% 30 Texas Cos 46% 46% 46% 47 Trans Pete .... 9% 8% 9 8% Industrials— Adv Rumelv 11% AHis Chaim ....105'% 103'% 105 103% Allied Chem ....141'/, 140% 141 Vi 139% Armour A 9% ... 9% 9 % Amer Can 53% 53'/* 53% 53% Amer H-L ... 8% Amer H-L pfd 64% Am Safety R ... 43'% 43 43'% 44 Amer Wool 18% ... 18'% 18% Central L , 14V2 Coca Cola 114% 113'% 114 113'% Cont Can ~. 68 Vi Cert Prods 50% Dav Chem 29% Dupont 236 234-% 235 233% Famous Players 95 93 93% 97'% Gen Asphalt 71=,% 71% 75% 72% Int O Engr 44% 44% 44% 44% Int Paper 45% .. 45 45'/, Int Harv ..'. 178 177'% 178 177 May D Sta 68 Mont Ward 65% 65 65% 65 Nat Lead 96% Owen Bottle 76'% Radio 54 52% 53% 53% Real Silk 24 Vi 23Va 24% 24% Rem Type 43 Vi 42 Vi 43'/* 43 Sears-Roeb 57'/* 56% 57V4 56% United Drg 16* Univ Pipe 28% ... 28% 28V, U S C I P 234'% 233 233% 233 U S In A1 .... 77% ... 77% 77% Woolworth 139% 138% 139% 138% Utilities— Am T & T 162',i 162 162% 161% Am W W 90 88% 90 89% Brklyn Man ... 58% 58% 581% 58% Col Gs Si El 92% ... 9?% 92 Cons Gas 101 % 100% 100% 100 % Interboro 39 No Am Cos 48% 48 48 47% Peoples G 140 S Gas & El ... 59 58'% 59 58% West Union 160 159'% 160 158% Shipping— Am In Corap... 50Vi 49'% 50 49 Am S & C 414 Atlantic G 365% In M M pfd 47% 46% 47% 46% United Fr 126*5 Foods— Am Sugar .... 87% ... 87% 87% A B Sugar ... . 43/ Beech N " 52 Calif Pkg 62'% ... 62% 61% Corn Prods ... 53', 53 53% 53'% Cuba C pfd ... 34% ... 34V, 35 Cuba A Bug ... 22Vi 22% 22% 22% Fleischrrfann .. 54% 54 54% 54% Jewel Tea ... 57% Nat Biscuit 130 Punta Ale 37 ... 37 37% PosUun ~103% ... 103% 103% W Bk IB) 24% Tobbaccos— Amer Sums .... 55'% 54'/, 55'% 55 Amer Tob 131% ... 131% 131% Amer T (Bl 131'% ... 131'% 132% Cons Cigars .... 81 % ... *Bl'% 81 Gen Cigars .... 62% 62% 62% 62'/, Liggett 111% ni'% 111% .112'% Lorillard 32'% 32% 32'% 32 R J Rey 132 ... 131% 132 Tob P 181 99'% 99Va 99'/, 99'% U Cig Stores .. 90 ... 90 90 Schulte R S 52%

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, July I.—l see nothing unusual in weather conditions. The average over the belt is fairly favorable. Occasional showers are not harmful. Until we have a prolonged spell of bad weather I believe the cotton market will merely fluctuate within the range recently established. However, we are now entering the very critical period when many boll weevil reports will b; received and the usual number of reports shedding. This will have a tendency to keep the market nervous and quick covering movements after every setback. I would continue to pursue a trading course. CATCHES QUEER INSECT Girl Finds That Captive Is a Corydalis Carnuto. A large insect resembling a grasshopper, although many times larger, was brought into The Times office in a glass bottle today by Mary Thomas, 13, 1124 W. Twenty Seventh St., who captured the bug alive after it had flown to the porch of her home: The unknown insect was identified at the State department of entomology as a Dobson fly (corydalis carnuta). It is not a rare specimen, although only one has been reported so far this year to the department. DECIDE ‘HIAWATHA 5 TIME Theater Gnild Production to Start at 5 p. m. A change in the time of the ly ginning of the performances of .e Indianapolis Theater Guild in “ .iawatha” at Fairview Park Sat day, Sunday and Monday has bee aade, Mrs. W. O. Bates, head of W' Guild, stated today. “The performances will start at 5 p. m. instead of 7 p. m. as first announced,” Mrs. Bates said.

PRICE OF NOGS DECLINES 10 TO 25 CENTS HERE Light Hogs Drop LeastCattle, Calves, Sheep Steady—Lambs Up. —Hog Prices Range— June Bulk. Top. Receipts. 24. 8.75(59.25 9.35 8,500 25. .. 8.753 9.25 9.35 5.500 27. 8.65 0 9.15 9.25 6.000 28. 8.75(5,9.25 9.35 10,000 29. 8.75 (T a.35 9.40 9,500 30. 8.90 0 9.50 9.50 8,500 July 1. 8.7509.40 9.40 •- 9.500 The advance which started in the hog market Tuesday and increased strength on succeeding days broke today. Light porkers were 10 to 15 cents lower and others off 15 to 25 cents on the hundredweight. A fully steady tone at Chicago put prices there ahead of the local center. The top there was $9.50, compared with only $9.40 here. The bulk sales at the Indianapolis stockyards were $8.75?? 9.40. Receipts were estimated at 9,500 and holdovers numbered 779. Hog Price Range For 160-200-pounders [email protected] was paid; 200-225 pounds, [email protected]; 225-250 pounds, $8.75@9, and 250300 poinds, $8.50 @8.75. Pigs sold at $8.75 down and packing sows at $7??'7.75. The general quotations on cattle were steady, the run counting about 400. Beef steers were nominal. Prices on other classes were: Beef cows, [email protected]; low cutters and cutter cows, [email protected], and bulk stock and feeder steers, $7.25 @8.50. Not Changed The calf market remained steady, good and choice vealers going at sl2 and up to $12.50 for the best. Receipts were 600. Lamb trade was active and around 50 cents higher, sheep continuing steady. Top fat lambs were $13.50; bulk fat cull lambs, sß@ 10.50. Fat ewes were [email protected]. ' Hoga— Receipts. 9,500; market, lower. 90-130 lbs $8.50® 8.75 130-160 lbs. 8.75(39.25 160-200 lbs . 9.25(39.40 200-250 lbs 8.75(39.25 250 lbs. up 8.25(?J8.75 —Cattle— Receipts, 400; market, steady. Beef steers nominal Bulk stock and feeder steers.. 7.25®> 8.50 Beef cows 5.75<® 7.25 Low cutters and cutter cows... 4.00® 5.25 —Calves— Receipts. 600; market, steadv. Best vealers $12.00® 12.50 Heavy calves .. 6.00(3,9.00 -(■Sheep— Receipts, 600: lambs higher; sheep steady. Top fat lambs $13.50 Bulk fat lambs 12.501313.50 Bulk cull lambs a.now 10.50 Fat ewes 5.00® 6.50 Other Livestock Pu United Press CHICAGO, July I.—Cattle—Receipts, 1.500; generally steady, top steers. sl3; others, $10.50® 11.85; cows. $8 down, low grade heifers, $9.25; best vealers largely. $12.50; low cutters. $4.2504.50: medium bulls. [email protected]: Stockers, mostly $7.50(3 8.50. Sheep—Receipts. 10.000: fat lambs active, mostlyy 25® 35c higher than Thursday’s close: five doubles choice Washington lambs straight, $14.75; bulk ranger eligible stock, $14.50® 14.60; bulk natives, moderately sorted. $13.50® 13.75. best sl4; most culls. $909.50: sheep, steady, at ewes. $5.50® 6.25, few $6.50; no feeding lambs sold, ‘/idicattons about steady; bulk of Thursday's feeding lambs sola at $13.25. Hogs—Receipts, 26,000; heavyweights, 58.35 ®9.05: mediumweights. $8.65® 9.50; lightweights. $8.70®9.55; light lights. $8.50® 9.40; packing sows, $6.600 7.85; slaughter pigs. $8.2509.15.^ Bn Times Pnecial LOUISVILLE, July I.—Hops—Receipts, 1,000; market, steady: tops. $9.35. Cattle —Receipts, 100; market, steady. Calves —Receipts. 200; market, steadv: good to choice, $9.50® 11; medium to good. s3® 9.50: outs, $7.50 down. Sheep—Receipts. 1.000; market, steady; mixed lambs. $13.50; ewes and wethers, sl4; seconds, $9; sheep, $3.50 @5.50. Bu United Press PITTSBURGH. July I.—Hogs—Receipts, 1.200; market, steady to 10c lower; 250 to 350 lbs., $9®9.40; 200 to 250 lbs., $9.40® 9.85; 160 to 200 lbs., 59.85© 10.25; 130 to 160 lbs.. $9.25®9.50; 90 to 160 lbs., s9® 9.25; packing sows, $/®7.50. Cattle—Receipts, none; calves, IS: market, steady; beef steers, $10.50®12.50; vealers, sl3® 13.50. Sheep—Receipts, 150; market, steady; wethers, $8; top fat lambs, $14.50; bulk cull lambs, $BOll. Bv United Press CLEVELAND, July I.—Hogs—Receipts. 2,000; market, 10©20c lower; 250 to 350 lbs.. $8.75 0 9.15; 200 to 250 lbs., $9.15® 9.60; 160 to 200 lbs.. $9.5009.65; 130 to 160 lbs., $9.25 0 960 ; 90 to 160 lbs.. s9® 9.25; packing sows, $7.2507.50. CattleReceipts, 200; calves, 400; market, dull, weak; beef steers, $9010.25; light yearling steers and heifers, $10010.25; beef cows. ss®7; low cutter and cutter cows. [email protected]; vealers. $12@14. Sheep—Receipts, 300; market, slow; top fat lambs, sl4: bulk cull lambs, $100.11.50; bulk fat ewes, $3.5005.50. Bv United Press TOLEDO. July I.—Hogs—Receipts, 700; market, steady; heavies. $8.50 09; mediums, $909.40; Yorkers, $9.40® 9.75; good pigs, [email protected]. Calves—Receipts, light; market, steady. Sheep and lamb—Receipts, light; market, steady. Bn United Press EAST BUFFALO, July I.—Hogs—Receipts, 3,000; holdovers, 793; market steady; 250-350 lbs., $8.75®9.75; 200-250 lbs., $9.60 0 10; 160-200 lbs., $9.85@10; 130160 lbs„ $9.85010; 90-160 lbs., [email protected]; packing sows, $7.5008. Cattle—Receipts. 150; calves, 1,200; market weak; calves 50c @sl lower; veaelrs, $13013.50. Sheep—Receipts, 400; market weak; bulk fat ewes, ! $4.5006.50.

Bu United Press EAST ST. LOUIS, July I.—Hogs—Receipts. 13,000; holdovers. 4,951; market, slow and weak; 250-350 lbs., $8.50®9.05; 200-250 lbs.. $8.9009.50; 160-200 lbs., $9.35 <8)9.55; 130-160 lbs.. $8.7509.55- 90-160 lbs., $8.50® 9.15; packing sows. $7.20®7.75. Cat-tle-Receipts, 800; calves. 500: market, nominally steady; beef steers, $9.50011.50; light yearling steers and heifers, sß(6o® 10.50; beef cows. $5.60 0 8.50; low cutter and cutter cows. $3.7505: vealers, $11.75: heavy calves. $7.5008.50; bulk stock and feeder steers, $7.2507.75. Sheep—Receipts, 1,000: market, steady to 25c higher; top fat lambs. sl4: bulk cull lambs, $8.50; bulk fat ewes. $4.5005.50. CIRCUS NEGRO STABBED Police Hold Alleged Attacker of Man Who Is Near Death. Louis Thompson, 21, Negro Louisville,' Ky. r was near death at city hospital today following a fight in the John Robinson Circus tent in which he was stabbed in the breast with an ice pick, by Frank Williams, 21, Negro, Shelbyville, Tenn. Williams is in jail charged with assault and battery with intent to kill. Officials will probably await the outcome of Thompson’s condition before they put Williams on trial. The men were employed as waiters at the circus. They had an argument over seats at the mess table. Fists flew, and then Williams is alleged to have grabbed the ice pick and buried it up to the handle into Thompson’s body. The government still has approximately 200,000,000 acres of land in the public domains, exclusive of national forests find other reserved areas.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 42045 c. Butterfat—Local dealers, 40c. Eggs—Strictly fresh delivered at Indianapolis, 19®20c dozen. Poultry (buying prices)—Hens, large breed. 18c; Leghorn hens. 13® 15c;. old roosters, large. 10011 c; Leghorns and small. 8®10c; broilers. 2 lbs. up. 260 28c: 1% to 2 lbs., 21c: Leghorns, black and small, 18® 21c; turkeys. No. 1 young toms, 20025 c; No. 1 young hens, 20@25c: old toms. 15 0 20c; crooked breasted and fat, 10012 c; thin and poor, 7@l2c; ducks. 12@15c; geese, 8@10c; guineas. 35c. Bv United Press CLEVELAND. July I.—Butter—Extra In tub lots, 42>%©44%c; firsts. 39%@40c; seconds, 37®38c; packing stock. 28c. Eggs— Extras, 27c; extra firsts, 25c; firsts, 24c; ordinaries. 21c. Poultry—Fowls. 24 0 25c; Leghorn fowls. 17@18c; heavy broilers. 33 ®34c; Leghorn broilers, 23@25c; cocks, 14 015 c. potatoes—South Carolina stave barreled cobblers, best $4.75@5; Virginia barrels. $505.25. Bu United Press NEW YORK, July I.—Flour—Quiet and firmer. Pork—Steady; mess. $33. Lard— Firm; jnlddlewest, $13.25013.35. Sugar— Raw, dull; 96 test. 4.52 c; refined, quiet; granulated. B,loc. Coffee—Rio No. 7. 14%c; antos, 16%®%7y,c. Tallow—Steady, special to extra, 7%®7%c. Hay—Dull; No. 1. $1.20® 1.25; No. 3, 90c®51.05; clover. 95c@ $1.15. Dressed poultry—Steady; turkeys. 25 0 46c; chickens. 200 37c; capons. 30@46c; fowls, 12®27c: ducks. 18022 c: Long Island ducks. 23®24c. Live poultry—Steady; geese. 10®12c; ducks. 12@24c; fowls. 21® 26c: turkeys. 25®30c; roosters, 16c; broilers. 15©38c. Cheese—Dull; State milk, common to special. 27©28c; young Americas, 24©24'%c. Butter—Weak; receipts, 12,449; creamery extras, 42%@42'%c; special market. 43@43%c. Eggs—Weak- receipts, 17,104; nearby white fancy. 34®36c; nearby State whites. 26 0 83c; fresh firsts. 24® 24%c; Pacific coast, first to extras. 26 ©G35c; western whites. 25@27c; nearby browns. 28'%® 33c. Potatoes—Southern, $1.5004.50; Maine. [email protected]; Canadian, $2.2502.75. Sweet potatoes—Jersey basket, 3103. B CHI&AGof July I.—Produce: Butter—Receipts. 20,543; creamery. 38®38'%c; standards, 39c; firsts. 38®38‘%c: seconds. 34© 35c; extras, 39'/,c. Egg—Receipts 17,407; Ordinaries, 20%®21c: firsts, 22©23c: seconds, 20c; extras, 24 %c. ChrtSe—Twins. 22%®23%c; Americas, 23%c. PoultryReceipts, 5 oars: fowls heavy. 19c; springs, 27c: ducks. 17©20c; geese. 13©19c; turks, 20c; roosters. 14c broilers. 25c. Potatoes— Receipts; arrivals. 17 cars; on track, 100; in transit. 837! Oklahoma and Arkansas sacked Bliss Triumphs ordinary quality and condition, $2.250 2.40. Sweet potatoes —[email protected]. SAYS VAN HORN KNEWjOF ‘MILL’ Negro Woman Testifies She Paid School S3OO. A Negro woman who says she gives spiritual readings, sells medicine and “Unam tea” that “makes thin people fat,” today implicated Jonathan Van- Horn, assistant of Otis J. Briggs, head of the School for Drugless Physicians, 215 E. New York St., in the “diploma mill” scandal. She is Mrs. Henrietta Sing, 503 Dorman St., who has offices for dispensing her wares in Greansburg, Bloomington and Bedford. She told Deputy Prosecutor John L. Niblack that Van Horn told her she must go to the school in order to get a State license to practice medicine. She said she paid S3OO for the course, lasting a month, and received credit for the fifteen years she has been selling her medicines, according to Niblack. Niblack said Van Horn, who has denied knowledge of the alleged “mill,” may be arrested. According to other information received by the deputy prosecutor, Briggs issued diplomas to persons in all parts of the country. In one instance, Briggs issued a diploma for the degree of Doctor of Divinity, Niblack said.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Wlnesaps, $3.50® 4. Extra fancy barrel apples—Ben Davis. $3.50®4.50. Fancy barrel apples Ben Davis. $3.2503.50. Basket apples (40 lbs.), Ben Davis. $1.2501.50. New apples—Transparents. 40 lbs., $304.50. Apricots—California. 25 lbs., $3.50. Bananas—4@sc lb. Cantaloupes—California standard crates. $4; pony crate. $3.5004.50; flat crates. $1.50 01.75. Cherries—California. $4.5005, box (BVa lbs.); Michigan. 18 qts., $3. Gooseberries —11. G.. $2 half bu. Grapefruit—Fancy. $5(d5.50. Honeydew melons—s3 crate. Lemons—California, $7.5008. . Limes—California. $3 per hundred. Oranges—California Valencias crate, $3.7507.50. Peaches—Georgia Helev Bells, $2.75 bu. Pineapples—Cuban, s4® 4.25. Plums—California. 25 lbs.. $3. Raspberries—H. G. red. 24 pts.. $5; H. G. black. 24 pts.. $3.50. Strawberries—lndiana, 24 qts., $7; Michlfan. 16 qts., $3.50 04. Watermelons—Florida: average SO lbs., 65@90c. VEGETABLES Asparagus—H. G. fancy white. 35 0 45c doz.; green. 90c@$l. Beans—Green, $2.50 hamper. Beets—H. G., 45c doz.; new cutoff, $2 bu. Cabbage—H. G„ $3.50 bbl. Carrots—H. G., 50c bu.: bulk. sfl bu. Cauliflower—Crate. $2.50. , „ _ Celery—Mammoth (washed) $3.50 doz. Corn —Texas. $2 bu. . Cucumbers —Hothouse, slOl.lO doz. Garlic—Fancy California. 20c lb. Kale—H. G.. 75c bu. Lettuce—lceberg, crt.. $5.50; H. G., $1.25 15-lb basket. Mangoes—Louisiana, $2 hamper. Onions —Egyptian yellow, 100 lbs.. $5; H. G. green, 50c doz. Parsley—H. G.. 50c dozen. Peas—H. G., $2.50 bu. Potatoes —Michigan whites, 150 lbs.. $7.50 ®8: Virginia Cobblers. $6 bbl. California Hussets, 115 lbs., $7. Radishes—H. G.. long red. or white, 35 ®4sc; hothouse buttons, 400 50c. 'Rhubarb—H. G., 35c doz. Spinach—Texas. $1 bu. ... Sweet potatoes—Nancy Halls, $1.90 l.amper. Tomatoes—H. G. Hothouse, 10 lbs., $1.40. Turnips—s 2 buslfcl. EAT LIGHTLY, KEEP COOL Don’t Dodge Thermometer, Weather Man Says. “Don’t be afraid to look at the thermometer,” is the hot weather advice of Indianapolis weather man, J. H. Armington, United States Weather Bureau head. “Forget yourself and how hot you are by being interested in how high the temperature is from an impersonal viewpoint. Read the newspapers and the weather bureau reports, but don’t worry, keep calm and eat lightly,” said Armington. Texans Arrive in Washington Bn United Press WASHINGTON, July 1. The Texas “good will” delegation headed by Governor Moody arrived here today on a tour of Northern and Eastern States to advertise the resources of the “Lone Star” State.

Six Tons, $9 Bu Times Svecial GREENSBURG, Ind„ July 1. —Nearly six tons of cement were handled here in one day by Otis Hess, who loaded 1,200 bags weighing about 100 pounds each. He is paid three-fourths of a cent per bag, and the day’s work netted him $9.

WHEAT TRADE DISAPPOINTED ATNOJIALLY Fails to Materialize, Bearish Reports Offsetting Bullish'News. Bu United Press . . .. CHICAGO, July I.—With the Kesinger bill killed by the legislature and December futures restored, holders of wheat anticipated a sharp rally in the grain today, only to be disappointed when the bullish legislative news was offset by bearish reports from several points. Heavy pressure was brought to bear j on all grains from the opening and j prices were trailing downward late in the session. Wheat closed % lower to *4 higher than Thursday's close. There was good buying in corn, but the grain showed no rallying power, and pressure was more or less apparent. The July continues the record discount from the September established Thursday, and late in the session was quoted 8 cents lower. Some rain was reported in parts of lowa. Liquidation in July toward the close, with continued good weather reports and better prospects for anew crop, sent prices down 3% to 3% from the previous close. The private crop report in oats came about as expected with an approximate figure of 1,280,000,000 bushels and the market sold off on the news, closing IVs to I*4 lower. Action in the pit was quiet. Provisions closed lower. Chicago Grain Table —July J—WHEAT Prev. High. Low. 12 p.m. close. Julv 1.45% 1.43% 1.44 1.44% Sept 1.44% 1.42% 1.43% 1.44% Dec 1.47% 1.45% 1.46% ... CORN— July 1.00% .96% .97% .99'% Sept 1.08% 1.04% 1.05% 1.07% Dec 1.10 1.07% 1.08'% OATS— Julv 46% .45' a .45% .46% RYE— Sept 48% .46% .47 .48 July 1.11% 1.09 1.09*2 1.11%> Sept 1.02% 1.00% 1.01 1.02% LARDJuly 12.77 12.55 12.77 12.80 Sept 13.00 12.92 12.95 13.00 Oct 13.07 13.02 13.05 13.00 RIBS— Julv 12.00 Sept 12.35 .... 12.35 12.40 INDIANA BELL DIVIDESSTATE Hoosier Phones Listed in Two Sections. The Indiana Bell Telephone Company divided into two divisions, one to be called the Indianapolis section and the other the out-State section. The Indianapolis division is comprised of Beech Grove, Cumberland, Greenwood, New Augusta, Smith Valley, Southport and Indianapolis. In the entire local division there are 80,876 phones. Out-State there are 114,144. Numerous changes in personnel were made in the various departments. Important appointments follow: Out-State division, W. F. Johnson, division traffic superintendent; A. D. Lewis, formerly of South'Bend, divison commercial superintendent; L. J. Gbeller, formerly of South Bend, division plant superintendent; C. G. Swan, division engineer. L. H. Kirkhoff was ‘appointed traffic superintendent, central district. F. Stanley was made traffic engineeer. Indianapolis Division—E. W. Hildebrand, division traffic superintendent; Phil M. Watson, division commercial superintendent; George Page, division plan superintendent; C. R. Plummer, division plant engineer. The traffic department in Indianapolis will be operated in three districts as follows- A. M. Taylor, superintendent in charge of manual offices; W. E. Shively, in charge of dial system offices; L. A. Wilson, transferred here from Marion, in charge of long-distance office. W. J. McWilliams will be general auditor and H. Romberg will be in charge of plant accounting department.

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: Frank L. Martin, R. R. H. Box 31 A., Ford, from Sixteenth St., and Indiana Ave. William J. Gorman. 1544 English Ave., Ford, 575-904, from Riverside Park. John E. Messick, 3115 Washington Blvd., Hudson, 3503, from Vermont and Pennsylvania Sts. George A. Miller, New Augusta, Ind., Oldsmobile, 12-038, from 438 N. Capitol Ave. Lee Anderson, 24 W. Ohio St., Essex, 518-483, from Ohio and Bird Sts. A. S. Dusenberg, 4155 Park Ave., Duesenberg, M-8888, from Indiana Ave. and Sixteenth St. Oliver Covert, 1620 Ringgold St., Ford, 534-161, from Indiana Ave. and Sixteenth St. Arthur Peck, Shelbyville, Ind., Ford, from Kentucky Ave. and Washington St. Lloyd Masters, 958 Congress Ave., Overland, 531-692, from Sixteenth and Harding Sts. SILK BUYER SUCCUMBS M. Josepfi Mannelly to Be Buried at Chicago. The body of the late M. Joseph Mannelly, 35, of 3952 Park Ave., who died at St. Vincent’s hospital at 1:30 p. m. Thursday, will be taken to Chicago today for burial in All Saints cemetery, Saturday. Mr. Mannelly moved to Indianapolis In 1924, from Chicago. He was a buyer in the silk department of L. S. Ayres & Cos. He was a member of St. Joan of Arc Church. The widow, Mrs. Sarah M. Mannelly: three daughters, Margaret, 13; Rita, 11, and Mary, 4, and two sons, Joseph, 4. And John 6, survive.

New Custodian

Charles L. Clark

EX-JURY HEAD GETSCITY JOB Charles L. Clark Starts on Duties Today. Charles L. Clark, foreman of the Marion County grand Jury which Criminal Court Judge James A. Collins discharged May 6, took up his duties as city hall custodian today. Clark, city hall engineer during Mayor Jewett’s administration, replaced J. A. Abernathy, ousted by the board of works late Thursday. “The city hall has been too dirty for six months,” Virgil Vandagrifft, board of works president, said, “I ordered Clark to keep it cleaii. I was down here at 6:30 this morning and the cleaners were hard at work.” Judge Collins discharged the jury of which Clark was foreman when he found James Armitage guilty of an attempt to bribe Juror Claude Achey not to vote for indictment of Mayor Duvall. Achey said Armitage offered him a city hall job and $2,600 and told him he had two other jury members “fixed.” Other members denied on the stand that they had been approached bv anyone on Duvall’s behalf. PEAK CLIMBER FOUND Tourist Falls From Mountain Top in Zion National Park. Bu United Press SALT LAKE CITY. July I.—W. H. W. Evans, Pasadena, Cal., tourist, was reported recovering today from injuries suffered when he fell from a wall of the great white throne in Zion National Park. He was rescued from a crevice in the rocks at an altitude of 2,700 -feet and carried down -on an improovised litter by forest rangers. Evans said he had scaled the peak of the great white throne, which rises 3,200 feet above the boitom of the canyon and is said to have been unconquered by human beings heretofore. Evans had been missing since Monday. And He Admits It! Bu United Press WEST CHESTER, Pa., July 1 For years Joseph H. Brinton, 82, has been regarded as the most accurate weather prophet in Chester county. He always guesses, he says.

Important changes and rearrangements in the telephone plant and equipment have made it necessary to assign new names to the Webster and Kenwood offices.

In the New Telephone Directory WEbster is changed to CHerry KE nwood is changed to HE mlock

For example: , WE bster 4567 is changed to CH erry 4567. KE nwood 4567 is changed to HE mlock 4567. -After receipt of the new directory, therefore, please be sure to call by the new office name. Failure to do so may result in delays and wrong connections. Many changes in telephone numbers have been made. Please Consult the New Telephone Directory before calling .

i ,

The City in Brief

SATURDAY EVENTS Indianapolis Theater Guild's "Hiawatha.'’ Fairvlew Park. 5 p. m. Beta Theta Pi luncheon. Board of trade. Sigma Alpa Epsilon luncheon. Chamber of Commerce. George C. Wright and Edward D. Pierre, architects; Fred Bates Johnson, attorney, and A. V. Stackhouse, contractor, are incorporators of a company to lease the building at Forty-Sixth St., and College Ave., now under construction, from W. W. Carter, 1615 N. Talbott St. Mrs. Beryl Whitley, 205 N. Temple Ave., asked police to find her husband, 22, who disappeared' June 19. Mrs. Whitley said they had been living at 948 S. New Jersey St. Whitley has blue eyes, light hair. He wore a dark blue suit, tan hat and black shoes. Job printers of the city have organized a Job Printers’ of Indianapolis Association. W. R. R. Richards is temporary president, and H. A. Grabhorn, temporary secretary. The next meeting will be held July 11, at 316 E. Vermont St. The Purity Baking Corporation will stage an outing for its patrons at Riverside Park, Aug. 10. Forty thousand are expected to attend. Patrons of the bakery may pay for rides and amusements with bread wrappers. County Clerk George O. Hutsell today turned over to Treasurer Edward A. Ramsay $40,800. fees collected by’ his office during the past quarter. Os this $22,757 came from sheriff’s, clerk's fees and court costs, $16,850 was from municipal court fees, and $1,193 from institutional fees. LINDBERGH FLIES PLANE TO JUBILEE AT OTTAWA Colonel Intends to Reach Canada In One. Jump. Bu United Press ST. LOUIS, July I.—Col. Charles A. Lindbergh, hero of the first nonstop flight from New York to Paris, took off here today for pttawa, Canada, where he will attend the dominion jubilee. Lindbergh is flying tne “Spirit of St. Louis,” the Ryan monoplane in which he crossed the Atlantic. His trip to Canada may be made without a stop if weather conditions permit. The silver gray plane left Lam-bert-St. Louis flying field shortly before 9:30 a. m. - II ,■■■ I" ' II ■■■ Foreign Bankers in New York Bu United Press NEW YORK. July I.—Montagu Norman, governor of the Bank of England, and Hjalmar Schacht, president of the Reischsbank of Berlin, arrived today incognito, aboard the Mauretania, presumably to confer with Benjamin Strong, governor of the New York Federal Reserve Bank.

One Fare for Round Trip —TO— All Stations —Cincinnati to Springfield, 111. (INCLUSIVE) EVERY SATURDAY AND SUNDAY Good returning to and including following Monday. , Information and,tickets. City Ticket Office, 114 Monument Place, or Union Station. BALTIMORE & OHIO 1827—100 Years of Service— l 927

NOTICE!

INDIANA BELL TELEPHONE CO.

PAGE 19

$935.809,9H| SAVED BY UH IS NEW RECH Greatest Surplus in Reported by Govern-™ ment. . W B * WASHINGTON, July 1-Actlf Secretary of the Treasury Mill* t< day announced the Treasury surpioM for the fiscal year closed June 3J as $635,809,921.70, compared wltli $377,767,816.64 for the previous year.l This surplus was the greatest in] history. Ordinary receipts for the year amounted to $4,129,394,441; and ex penses chargeable against such receipts were $3,493,584,519.40. Income tax receipts aggregated $2,225,000,000 as compared with $1,982,600,000 in 1926. Custom Return Climbs Miscellaneous tax receipts totalled $654,000,000, as compared with a yield last year of $545,000,000,000. Customs receipts were $605,000,000 as compared with a collection of 579,000,000 last year. Already $611,000,000 on the surplus has been applied to retirement of the public debt, and Is not available for tax reduction or any other purpose, while $24,000,000 has been carried over as an increase in the net balance in the general fund and will bb used later for debt retirement. More than half of the surplus was due to receipts on account of disposal of capital assets, back tax collections In excess of tax refunds, and other items of a fast-disappear-ing or nonrecurring character, Mills said. Back Tax 300 Million Back tax collections for the year will exceed $300,000,000 and collections on account of capital stock tax of corporations, now repealed, will amount to more than $7,000,000. Receipts from capital assets on account of railroads aggregated about $90,000,000 from Federal farm loan bonds and other minor securities $63,000,000, and from the war finance corporation, $27,000,000. “It will be apparent, therefore, that without these special and nonrecurring items which aggregate $370,000,000, the surplus would have been about $265,000,000, of which a considerable part is to be attributed to decrease in expenditures, some of which represent a postponement rather tha nactual saving,” Mills said. The total gross public debt at the close of the fiscal year amounted to $18,511,906,931, as compared with $19,643,216,315 on June 30, 1926. Drinks Poison After Quarrel Miss Mamie Lee, 24, Apt. 46, 1530 N. Illinois St., was taken to city hospital today suffering from effects of self administered poison. Miss Hazel Farell, the girl’s roommate, said Miss Lee took the poison after a quarrel with a man friend She probably will recover, hospital at-' taches said.