Indianapolis Times, Volume 39, Number 50, Indianapolis, Marion County, 8 July 1927 — Page 19

JULY 8, 1927

DODGE EROS. 'A' AT NEW LOW; WEAK Rails Firm, Oils Irregular, Industrials Barely Remain Steady.

Average Stock Prices

Average of twenty industrials. Thursday, was 171*90, off .31. Average of twenty rails was 136.08, off .40. Average of forty bonds was 96.99. uu .01. July 8. —A further reaction in Dodge Brothers A which sent the issue to new'low ground at off 1% points, and a display of weakness in Hudson together with strength in General Motors were among cross currents in the motor section on the stock, market in early dealings today. Prices in the general list were irregular. Rails with dividend records were firm, oils were irregular and industrials barely steady. Selling orders had accumulated on the announcement late Thursday of another increase in brokerage loans. The stock exchange reported a larger increase for June than had been expected, while the Federal reserve statement showing only a small expansion had little effect. Federal Bank News In view of the loan expansion shown in the stock exchange and Federal reserve statements, Wall Street examined the weekly Federal bank reports with particular interests, but found the increase in collateral borrowings was not keeping pace with the growth of the nation’s bank resources. Although loans on stocks and bonds made by member banks in New York City are $523,000,000 higher than a year the reserve ratio of the local region bank is now 83 per cent, against 74.6 per cent a year ago, while that of the entire Federal system is 76.8 per cent, against 73.2 per cent last year. Setbacks Slight This evidence of strength supported the main body of slocks against early selling based on loan increases and as a result recessions in standard stocks were small. Irregularity resulted from professional attempts around noon to force a renewed decline. Special pressure was concentrated on General Motors, which was depressed to anew low on the reaction at 199%, off 114. However, the drive oil General Motors was checked by urgent demand which sprang up for other automobile shares. Hudson developed pnonounced strength, advancing to 8314, up 3% from Thursday’s low. Buying of Hudson was based on a revision of estimates of the company’s earnings for the second quarter. It is now expected that the balance for the stock may be close to $4 a share. This bring the showing for the six months to approximately $6.50 a share.

Banks and Exchange

INDIANAPOLIS STATEMENTS Local bank clearings today were $5,256,000; debits, $6,892,000. NEW YORK STATEMENT I'n United Prow , NEW YORK. July B.—Clearings, $1,098,000,000; balances, $127,000,000. FOREIGN EXCHANGE Ka United /'rests NEW YORK, July B.—Foreign exchange opened irregular. Demand sterling, $4.85 1 /; francs, 3.91V4C, up .OOVic; lira, 5.43'/2C, oft .02 Vi c: belga, 13.89 c, off .OOVic; marks, 23.68 Vic. Births Boys Harold and Frances Boese. Christian Hospital. Walter and Eleanor Enoch. Christian Hospital. William and Ruth Green. Christian Hospital Melville and Ethel Farrington, 1208 St. Paul Neal and Bertha Curran, 1435 Holliday. John and Vanetta Hulse, 2621 Chester. John and Cleo Woolridge. 2194 Gent. Sewell and Mattie Thompson, 721 W. Walnut. Everett and Vivian Perry, 4927 University. William and Helen Colman, 2016 Columbia. Ezra and Maud Perry. 3050 N. La Salle. Ausberry and Annabelle Johnson, 949 W. Pearl. John and Mildred Poland, 353 W. Merrill. Raymond and Dorothy Woodruff, 1144 S. Belmont. John and Irene Flack, 2245 N. Illinois. Naum and Demetri Sida, 1025 N. King. Walter and Violet Hayes. 1298 Warman. . Claude and Catherine Risley, Methodist Hospital. Albert and Catherine Gallant, Methodist hospital. Roy and Josephine Worth, Methodist Hospital. Jack and Iris Adams. Methodist Hospital. Walter and Bertha Hunt, Methodist Hospital. John and Goldie Jones, 926 Hosbrook. Cal and Margaret Stewart, 1923 S. Talbott. Luther and Helen Day. 3120 St. Clair. Will and Dora Harman, 632 W. Washington. Neil and Ethel Bastin. 2109 Bluff. Carl and Viola Wade. 2109 Bluff. Girls Richard and Flossie Logan, Christian Hospital. Henry and Lillian Rose, 1525 Northwestern. Frank and Nellie Britton. 930 Chadwick. Robert and Ruby Ware, 1602 Sheldon. Solomon and Elizabeth Adams, 874 W. Twenty-Seventh. Alfred and Corrine Minor. 310 N. West. Earl and Mayme Byers, 2630 Napoleon. Paul and Ida Thornton. 2810 Franklin Place. Herbert and Zelda Berry, 1608 Cruft. Clifford and Josephine Hughes, 1604 Columbia. Willie and Johnnie Jenkins, 1214 E. Sixteenth. John and Helen Pringle. 530 S. Harmon. Harry and Blanche Holding. 943 S. West. Joseph and Mary Jackson, 436 California, rear. b , Deaths Moses Click, 65, 3932 N. Illinois, arterio sclerosis. John Sellmeyer. 83. 205 Hendricks Place, cardio vascular renal disease. Thomas H. Walker. 70. 3417 Carrollton, chronic nephritis. Lewis James Riley, 65, Christian Hospital, carcinoma. Eugene C. Gramling, 69, 2151 N. Delaware. chronic myocarditis. Eliza R. Broks, 71. 2253 Brookslde, arterio sclerosis. Eva D. McNutt. 63, 932 N. Emerson, acute pulmonary oedema. Edward D. Porter, 66, 2202 College, angina pectoris. Catherine Stuart, 83, 520 E. Vermont, cerebral hemorrhage. Wilbur Browder. 76. 520 E. Vermont, arterio sclerosis. Kathleen Seoright, 9, Methodist Hospital, accidental. George Jackson Hundson, 60. 3702 E. Thirty-Second St., acute cardiac dilatation. Frank A. Wallace, 15, 246 Hampton Dr„ meningitis. Margaret L. Moore. 79, 5207 N. Delaware. myocarditis. Experiments on certain house filants showed that an excess of tobacco smoke in the air w£ fatal to growth.

New York Stocks By Thomson * McKinnon

—July 8— Railroads— Low. ij.qo Atchison 179 V 170 Vi 170 Vi 180 At ch co°a n st--L -:::W 193 193 104% B <& O 115% 115% }15% 116 ran Pacific 179 ••• 179 179% o*o •—; 177% ns% 8& N W 86% 86% 86% 86 n p p ..114 113 3 /4 114 Del & Hud"....215% ... 215 21514 Er'e* 5* % 'll* m Erie Ist pfd .. 59 ... 59 59% Ot Nn nfd ... 90 ... Lehigh Wl 129% 128 129 128 K C South .... 6614 64% 65% 64% TANARUS, jpr n . ..144 ... 144 144 MK & T ...... 52% 50% 51 Vi 52% Mo P?c pfd ...105% 104% 105 104% N Y Cen 149% 149% 149% 149% N Y N H & H 53% ... 52% 53% No Pacific 88 ... 88 88 4 Nor & W ......183% ... 182 183 Pere Marq .... • ■ ••• a s n y g •:::::::.in% ii% m* 18 Southern Ry ...128% ... 127/* 1274 Southern Pac ..117% 117% 117% 117% St Paul 16 16 16 Vi St Paul pjd ..33 1 /, . 31 Vj 32 St L& S W... 90% B9Vz ®2J/ 4 St L& S P 112% 112 112% 113% Union Pac 174% ... 174% 174% Wabash 74 74 73% 74 Wabash pfd ... 96% ... 98% 97% Rubbers— _ . Q Ajax i.... 9 ... 9 9 Goodrich ....... 54% ... 54 54% Goodyear pfd -.114 ... 114 114 Kelly-Spa: 25% 24% 24% 25 U S Rubber... 45% ... 41% 46 Am Car & F... 99 ... 98% 99 Am Loco 107 ••• tOT 107 Am Stl Fd 45Vi ... 45% 45% Said Loco 237% 235% 237 236% Gen Elec ItS’/s 114% 118% 11* N Y Air Bk 44% ... 44% 45 Pres Stl Car... 61% 60% 81% 60% United Drg ....160% ... I*B% 169% Univ Pipe 31Vs 31% 31% 31% U S c i P 236 ... 236 236% U S In A1 .... 80 79% 80 79% Woolworth 142% 142 142 142% Am t T t &T' 163% ... 163% 163% Am Express ...144% ... 144% 144% Am W W 91 ... 91 91 Brklyn Man .. 58% 58% 58% 59% Col Gs & E 1... 94% 94 94% 94% Cons Gas 103 % 103 103 Vi 103% Interboro ... ... 38% No Am Cos 48% 48V* 48% 48% Peoples G 140% Houston 170% 167 170% 1*5% Indpt Oil 19% ~. 19% 19% Marland C 32% ... 32% 32% Mid C Pete 30 ... 29% 30% Pan-Am Pete (B) 54% 53% 54 54% Phil Pete 30% 38% 39 V* 39% Union Oil 41% ... 41% 41% Pure Oil 26 25% 26 26% Royal Dutch 48% 48% 48% 48% Shell 27% ... 27 26% Sinclair 16% ... 16% 16% Skelly 25% ... 25% 26 S. O. Os N. J 36% ... 36% 36% S. O. of Cal 53% 53% 53% S. O. of N. Y.... 30% ... 30% 30% Texas Cos 47% ... 47Vi 47% Trans Pete 8% ... 8% 8% Pullman ... ... 184 West A B 180% 179 170% 179 West Elec 79% 78% 78% 79 Steels— Bethlehem .... 48% ... 48 48% Colo Fuel 93 91% 93 92% Crucible 83% ... 83% 84 Gulf St Stl .... 49% ... 49 49 Inland Stl ..... 49% ... 49 49 Phil RC & I ... 38% ... 37%' 38% Rep Stl 64 Sloss-Shef 118 ... 118 117 U S Steel 121% 121 121 121% Alloy 27 ... 27 27% Vanadium 45% 45 45% 45 Motors— Amer Bosch .... 18% ... 16 16% Chandler 18 17% 17% 18% Chrysler 47% 46% 46% 47% Con Mo 11 10% 11 11 Dodge 17% 16% 17Vi 17% Gabriel 47 45% 46% 45% Gen Mo 202 197% 200 201 Hudson 83% 81% 82% 82 Hupp 19% 19% 19% 19% Jordan 18% 16 18 15% Mack 98% 97% 98 98 Martin Parry 17% Moon ... ... 6% Nash 67 65% 65% 65% Packard 34% 34% 34% 34% Peerless 23 % Pierce Arrow .. 13% ... 13% 13% Studebaker 49% 49% 49V* 49% Stewart Warner. 60% ... 60% 61% Timken 104% 101% 104% 102% Willys-Overland. 17% 17% 17% 17 White Mo 37% 37 37% 37% Mining— Amer Sumat ...153% ... 152 155V4 Anaconda 44 43 Vi 43% 43% Ced De Pas 59% Insptr 13 ... 13 jj% Int Nic 62% 61% 61% Kennecott 62 V 61% 61% 62% Tex G & Sul ... 64% 64 64% 64% U S Smelt .... 34% ... 3444 Ivl Oils— Atl Rfg 113% ... 111% 113 Cal Pet 23’/, ... 23% 23% Freeport Texas. 68% 68 68% 69

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples Winesap, $3.50® 4. Barrel apples—Ben Davis. $3.50. Basket apples (40 lbs.). Ben Davis, $1.50. New apples—Transparents, 40 lbs,, s3@4; Duchess. $3(03.25. Apricots—California, $2 crate. Bananas—4© 5c lb. Cantaloupes—California, jumbo crates, $3.25©3.75: standard crates, $3.75; flat crates, $1.50® 1.75. Cherries—California. $5.25 (15 lbs.); Michigan, 16 qts., $3. Honeydew melons—s3 crate. Lemons—California, $8.50® 9.50. Limes—California, $3 per hundred. California Valencias, crate. $4 Peaches—Georgia Elbertas, $3 bu. Pineapples—Cuban, $3®3.50. Plums—California. $2®2.50 crate. Raspberries—Black, 24 pts., $3.50; red, $5. Watermelons—Georgia, average 30 ibs., 65@80c. VEGETABLES Asparagus—H. O. fancy white, 35(g45c doz.; green. 90c@$l. Beans—Green, $2.50 hamper. Beets—H. G.. 35c. Cabbage—H. G.. $3 bbl. Carrots—H. 0., 40c bu.: bulk, $2 bu. Cauliflower—Crate. $2.25. Celery—Michigan, Highball, $2 crate; $1 bunch. Com—Louisiana. 6 doz., SS. Cucumbers—Hothouse, [email protected] do*. Garlic—California. 20c lb. Kale—H. G„ 75c bu. Lettuce—California head. $4.50 crate: H. G. leaf, 15 lbs.. $1.25. , Mangoes—Louisiana, $1 hamper. . Onions—Yellow, 100 lbs., $3.50®5; Spanish, [email protected] crate; H. G. green, ssc doz. Parsley—H. G., 50c dozen. Peas—H. G.. $2.50 bu. Potatoes—Michigan whites, 150 lb*., $7.50 @8; Virginia Cobblers, $5.76 bbl. Radishes—H. G., long red or white, 30 ®4oc; red, 30® 40c; H. G. buttons. 50® 60c dozen. Rhubarb—H .G. t 35c dozen. Spinach—Texas, $1 bu. Sweet potatoes—Nancy Halls, $1.90 hamper. Tomatoes—H. G. Hothouse, 10 lbs., $1.40. Turnips—s 2 bushel. NEW U. S. OFFICIAL . ONCE INDIANA BANKER Eugene H. Gough Was Cashier at Boonville. Bn Tima Soecial BOONVILLE, Ind., July B. Eugene H. Gough, who this week became deputy comptroller of the currency at Washington, D. C., served ten years as cashier of the Boonville National Bank and for a short time was vice president of the American National Bank, Vincennes, Ind. He was for fifteen years a national bank examiner and for the last three years served as assistant chief examiner. Gough succeeds Willis J. Fowler, Ft: Wayne, Ind., in the deputy comptrollership, Fowler retiring on account of ill health after nineteen years in the position. SINGER RENEWS FIGHT Bu United Frees SPRINGFIELD, HI., July 8. Mine. Ernestine Schumann-Heinck, the opera singer, has filed notice with the Illinois Supreme Court that she will ask for a rehearing in her $20,000 California real estate suit. She asks SIO,OOO each from two trustees of the Good Land Company, to which she gave approximately $15,000 when she purchased real estate. Deciding she did not wish to complete purchase of the property, she started suit, and was awarded $lO,000 for her claim against the company, but denied the $20,000 judgment against the trustees. The Supreme Court has affirmed a lower court’s decision.

LOCAL PORKER TRADE STAYS ABODISTEADY Little Change Made in Any Division of Local Livestock Market. —Hog Prices Range— July 1. 8.75(59.40 9.40 9,500 2. 8.755*9.50 9.50 4,000 4. —No market. 5. 8.7559.50 9.50 12,000 6. 8.8559.60 9.70 8.500 7 9.0059.85 9.90 9,000 8. 9.0059.90 9.90 9.000 Not following the trend of the Chicago hog market, prices at the Indianapolis Union Stockyards today were generally steady on light porkers and weak to 10 cents lower on other material. In contrast trade at Chicago was 10 to 25 cents up on the hundredweight. The independent action of the local market put the tvyo centers on about the same level. The top was $9.90 at both places. Bulk sales at the local livestock exchange were $9 @9.90. Estimated receipts were 9,000 and holdovers counted 683. Hog Price Range Material in the 160-200-pound class went at [email protected]; 200-225 pounds, [email protected]; 225-250 pdinds, $9 @9.40, and 250 pounds up, $8.75 @lO. 'Slaughter pigs were $9 down and packing sows $7.25 @B. Eight hundred cattle were offered on a generally steady market. Beef steers sold at slo® 13.10; beef cows, $6.25 @8.75; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, [email protected]. Shoots Up A good advance was made in calf prices, with trade active. Sales were made at rates 50 cents to $1 higher. The bulk sold at $14.50 down, with best vealers bringing sls. Receipts were 800. Sheep and lambs were steady, the run amounting to about 1,200. Top fat lambs went at $14.50; bulk fat lambs, $13.50@ 14.50; bulk cull lambs, $8.50@11, and bulk fat eves, $5 @7. —Hog*— Receipt*. 9,000; market steady to weak. I*2-160 lbs 9.0059.75 180-200 lbs 9.6059.90 200-250 lbs 9.0059.75 250 lbs. up 8.50® 9.15 —CattleReceipts. 800; market steady. Beef steers $10.00513.10 Bulk stock and feeder steers.. 7.255 8,50 Beef cows 6 25 5 8 75 Low cutters and cutter cows.. 4.25® 5.50 —Calves— Receipts, 800; market higher. Best vealers $14.00 5 15.00 Heavy calves „ 6.00® 9.00 —Sheep and Lambs— Receipts, 1,200; market steady. Top fat lambs $14.50 Bulk fat lambs 13.40514.50 Bulk cull lambs 8.505 11.00 Fat ewes 5.00 7.00 Other Livestock ,Bu Times Special LOUIBVILLE, July B.—Hogs—Receipts, 1,000; market staedy to 15c higher; tops, $9.65. Cattle—Receipts, 200; market slow, steady. Calves—Receipts. 300: market 50c higher; good to choice, $10.504112: medium to good. $95.10.50; out*. $8.50 down. Sheep —Receipts. 2,500; market steady; mixed lambs. $14.25; ewes and wethers, $14.75; seconds, $9.50; sheep. [email protected]. By United Press CLEVELAND, July B.—Hogs—Receipts. I, market ateady to 15c higher; 250305 lbs.. $8.755 9.50; 200-250 lbs.. $9.50® 10.10; 160-200 lbs.. $10.10510.25; 130-160 lbs.. $10.25. 90-160 lbs.. $10.25; packing sows. $7.25 ® 7.50. Cattle—Receipts. 100; calves, $200; market strong; beef steers, $9.75510; beef cows. $557.25: low cutter and cutter cows. $3.505 4.50; vealers, $145 17. Bheep—Receipts, 250; market steady; top fat lambs, sls; bulk cull lambs, slo® 11. bulk fat ewes, $3.50®5.50. By United Press PITTSBURGH. July B.—Hogs—Receipts. 2.500: market, active. 5515 c higher: 250350 lbs.. $95 9.75; 200-250 lbs.. *9.75510.20; 160-200 lbs., $10.205 10.65; 130-160 "v . $10.50510.65; packing sows. s7@7 75. Cattle—Receipts, none; calves. 150; ’ mante 1 , $1 higher: beef steers. $10.505 12.75; vealers, $15.50518.50. Sheep—Receipts. 250; market, steady; top fat lambs. $15.50; bulk cull lambs. sß®ll.. Bit United Press EAST BUFFALO. July B.—Hogs—Receipts 4,500: noldovers. 972; market, steady; 250350 lbs., $8.7559.75; 200-250 lbs.. $9.65® 10.35; 160-200 lbs.. $10.25510.50: 90-160 lbs.. $10,255 10.50; packing sows, $7.50®8. Cattle —Receipts. 100; calves. 1,000; market, steady; calves $1 higher; vealers. $14.50 JSTS. Sheep—Receipts. 1,000: market. 50c lower; bulk cull lambs, sll® i2; bulk ewes. ss® 6 50.

Produce Markets

, Butter (wholesale price) Creamery, best grade, a pound. 43©45c Butterfat—Local dealers. 39c. E ?/* s- 7f£r!. ctly _. fresh delivered at Indianapolis, 19@20c dozen. Poultry (buying prices)—Hens, large breed, 17@18c; Leghorn hens. sl4©:lsc: old roosters, large, 9©llc; Leghorns and small, 7©:10c; broilers, 2 lbs., up 23® 25c: iVi to 2 lbs.. 19® 20c: Leghorns, black and small, 16©20c: turkeys, No. 1 young tWms. 20®25c: No. I young hens, 20@35c: old toms, 15®20c; crooked breasted and fat, 10®12c: thin and poor, 7®l2c; ducks. 12@15c: geese. 8®10c; guineas. 35c. Bu United Prcm CLEVELAND, July B.—Produce: Butter— Extra In tubs. 43©46c; flrsfs, 40©40Vic; seconds. 37Vi©38Vic; packing stock, 28c. Errs—Extras. 27c: extra firsts. 25c: firsts, 23Vic; ordinary. 22c. Poultry—Fowls, 25® ?Sl= : n . brollers L 32 ®3 4 c: light and leghorn. 23® 25c; roosters, 14®15e; ducks. 22® 24c. Potatoes—Virginia in barrels, $4.50®4.75. Bu United Preen NEW YORK. July B.—Produce: Flour— Dull, but Arm. 1 Pork—Quiet; mess. s3s. Lard Firm. Mlddlewest Sugar—Raw, ilrm; 96 test. 4.52 c; refined, quiet; granulated, 6.20 c. Coffee—Rio No. 7, 14®T4Vic; Santos. 16%®16%c. Tallow —Bteady. Special to extra— 7>/a<ffi7%c, Hay —Easy: No. 1. $1.20; No. 3. 90c®$l; clover. Dossed poultry—Weak; turkeys. 25®46c; chickens. 20©35c; fowls, 12@2?c; ducks. 18®22c; Long Island ducks. 23® 21c. Live poultry—Firm: geese. 10© 12c; ducks. 12®$4c; fowls, 30c; turkeys, 25© 30c; roosters. 17c; broilers. 20®40c. Cheese —Firm; State milk common to special. 27®28c; Young America. 2424 Vic. Butter—Firm, receipts 15,445; cicamerv extras. 41V4c; special market. 42©42%c. Eigs—Steady; receipts, 23.061; nearby white fancy, 38® 40c; nearby State whites, 27© 37c; fresh grsts, 2414© 25c; Pacific coasts. 28©16c; western whites, 26®30c; nearby browns. 28 Vi ©3sc. Potatoes— Southern. $1.25©4.25; Maine, $1©3.50. Sweet potatoes—Jersey basket, $1.75® 2.25; Southern basket, $1.72©2.

In the Cotton Market

(By Thomson Ac McKinnon) NEW YORK, July B.—l’ believe It wAs the late J. P. Morgan who trtrlbuted a decline in the stock market to "undigested securities." We have raised an eighteen million bale crop. Has It been digested? I don’t think so. It Is going to make this crop hard to sell. They say on the floor that I am starting too soon. May be. If the break comes. I /want to feel that you have had the opportunity to get away In the lead.

Local Wagon Wheat

Local grain elevators are paying $1.82 for No. 2 red wheat. Other grades are purchased on their merits. Circle Party The Col. A. D. Streight Circle No. Is, Ladies of the G. A. R., will give a benefit euchre party Saturday evening at the home of Mrs. Emma Veach, 2265 Kenwood Ave.

THE INDIANAPOLIS TIMES

In the Sugar Market

(By Thomson * McKinnon! NEW YORK, July B.—lndications ari that sugar futures market Is at last turning the corner. It could only be a matter of time when the strong statistical position would assert itself as against the technical demonstrations of the local market. Demand for refined is bound to Increase at this season of the year and the recent statements that the American market would ultimately reauire all the Cuban offerings do not appear to be exaggerated. I still adhere to the belief that sugar Is a purchase. E6GS OR HENS. FARMERS CANT WIN ONSALES Expansion of Poultry Industry Forces Price Down on Both Markets. B 'WASHINGTON, July B.—The big egg men are facing a serious situation due to the enormous expansion of the poultry Industry in the past few years. Department of agriculture officials predicted today that owing to the low prices farmers are able to command for eggs there will be an unprecedented movement of poultry to the markets this fall and that as a result poultry prices will tumble still further. The anticipated movement will be caused. Government officials say, by the fact that many farmers will be unwilling to pay high prices for chicken feed during the winter months and will sell their poultry rather than take the expected losses. Receipts Higher Receipts of eggs in the nation’s principal markets were 17 per cent greater during the first five months this year than in the same period last year. Egg prices were from 6 to 7 cents below those of last year. The receipts so exceeded consumption despite the lower prices, that cold storage holdings *cf eggs on May 1 were 1,700,000 cases above those of the year previous. Stocks of poultry in cold storage on May 1 were 77,308,000 pounds. 24,000,000 pounds more than on May 1, 1926, and 15,000,000 pounds above the average for the last five years. Plan Conferences The seriousness of the poultry raising situation will be discussed at the world’s poultry congress at Ottawa July 27 to Aug. 8. Department of Agriculture officials and leading poultry men of the country will represent the United States. Two months later the annual meeting of the American Poultry. Butter and Egg Association at Louisville will take up the same subject from the purely American viewpoint.

Indianapolis Stocks

—July B. Bid. Ask. Amer Central Life 550 Amer Creosottng Cos pfd 101 105 Belt R R com 66'a 69 Belt R R pill 58 Cent Ind Power Cos pfd 92 >4 95 Cities Service Cos com 45Vi ... Cities Service Cos pfd 874i ... Citizens Gas Cos com 55Va 57 Citizens Gas Cos pfd 107 ... Commonwealth Loan Cos pfd... 99Va ... Equitable Securities Cos com... 51 Hook Drug Cos com 29Vi ... Indiana Hotel com 125 Indiana Hotel pfd 101 Ind Service Corp pfd 87 Indianapolis Gas com 60Vi ... Indpls Ac Northwestern pfd... 53 Indpls P At L 6 Vis pfd 98 100 Indpls P At L 7s pfd 96Vi 100 Indianapolis St Ry pfd 38Va 40 indpls Water Cos pfa 103 Indpls Water Wks Sec Cos. ... 93 Interstate P Ser pr lien pfd...looVi ... Interstate P S 6s pfd 85 Merchants Pub Util pfd 100 North Ind Pub Service pfd ... 93Vy 95 Progress Laundry com 23Vi ... Raun Fertilizer pfd 50 Real Silk Hosiery pfd 92 T H I & E com 2 T H lit I pld 21 T H Trac At Lt Cos pfd 93 100 Uhton Trac of Ind com 1 Union Trac of Ind Ist pfd 7 Union Trac of Ind 2d pfd 2 Union Title Cos com 98 Van Camp Pack Cos Jfd Van Camp Prod Ist pfd 95 Van Camp Prod 2d pfd 95 —Bank Stocks— Aetna Trust and Sav Cos 118 ... Bankers Trust Cos 132 City Trust Cos 150 Continental National 118 ... Farmers Trust Cos 240 Fidelity Trust Cos 162 Fletcher American 170 Fletcher Sav and Trust Cos 275 Indiana National Eank 263 270 Indiana Trust Cos 230 Livestock Ex Bank 162 172 Marlon County Bank 210 Merchants Nai Bank 325 Peoples State Bank 198 Security Trust Cos 275 State Savings and- Trust 86 Union Trust Company 425 wash Bank and Trust Cos 160 —Bonds— Belt R H and Stockyards 45.. 90 Broad Ripple 5s 80 Central Indiana Gas 6s ...... 98 Cent Ind Power Cos 6s 103 ... Chi S Bend Ac N Ind 5s 32 Vi 35 Citizens Gas Cos 5s 103 Citizens St R R 5s 86’/a 89 Gary St Ry 5s 89 91 Home T and T of Ft W 65.. 103 104 Indiana Hotel 5s 99Vi ... Indiana Northern 5s 2 Ind Rv hnd Lt 5s 95 ... Ind Service Corp 6s 92Vi ... Ind Union Trac 5s 3 ... Indpls Col Ac go 6s 98% 101 Indpls Gas Cos 5s lOO Indpls Ac Martinsville 6s 79 Indpls Northern 5s 24 26 indpls Ac Northwestern 5s ... 81 Indpls Power and Lt Cos 5s ... 97 98 Indpls St Ry 4s 68 70 Indpls Trac and Term 5s 95 96 indpls Union Ry 5s ...101 ••• Indpls Water s'is 103 V? ... Indpls Water Ist 5s 98 indpls Water WiT Sec Co' 6s ! 100 Interstate Pub S 6s 103 V 4 ... Interstate Pub S Bs 6Vis 105 Vi ... N Ind Pub Serv Co'ss 96 T H I Ac E 5s 86 T H Trac and Light 5s .... 99 Union Trac of Ind Vis . 16V4 18 —Liberty Bonds—--Ist 3 Vis 100.90 101.25 Ist 4Vis 102.80 103.25 2nd 4Vis 100.20 100.30 3d 4%s 100.80 101.00 4th 4V4s 103.60 103.74 BSTr 4V4s 113.10 113.30 UJS Tr 4s 108.10 108.30 U B Tr 3%S 105.10 105.30 U S Tr 3Vis 99.90 100.25 U S Tr 3%s 100.00 100.30 —Sales—--10 shares Indpls P Ac L 6Vis pfd 98V4 SI,OOO Citizens St Ry 5s 86 Vi Building Permits William F. Bolander, tanks and pump, northwest corner Jefferson and Washington, SBOO. Laura C. Browning, reroof, 368-70 Good, $220. Shirley Bros. Company, repair. 2002-04 W. Michigan, $2,200. William A. Wright, furnace. 1931 Bellefontaine. $324. Mrs. Nichols, addition. 2310 Arsenal, S6OO. Sarah C. Barrett, addition. 1103 E. Market. $250. J. C. Moore, move dwelling, 1662-8 Senate. SI,OOO. J. C. Moore, wreck dwelling, 311-13 W Eighteenth, SSOO. J. D. Adams Ac Cos., office building, 211 S. Belmont, $20,000. Holtegel Realty Company, reroof, 253 E. Washington. S3OO. Joe Bruneman. dwelling and garage. 314 N. Jefferson, $3. $35. H. J. Hollenbeck, dwelling and garage. 1468 Spann, 13,400. . t American Leather Products, reroof. Twenty-Second and Montcalm. $1,250. Horace H. Page, dwelling. 2337-29 Columbia. $2,700. C. P. Moeller, repair. 1135-27 St. Paul, $350. J- A. Bade^ reroof. 3848-50 N. Capitol.

OPENING WHEAT MART NERVOUS; PRICESJJNEVEN Weather Conditions Control Corn —Oats Still Featureless. Bu United Press CHICAGO, July 8. .Opening prices in the wheat pit were slightly nervous today, the actual figures bieng % lower to % higher than Thursday's close. Corn prices rose, being unchanged to 1% higher, and oats came % to !4 higher than the previous closing quotations. Wheat is being given better support as a whole even in the face of favorable weather for spring wheat in the northwest and for completion of the southwestern harvest. " Absorption was of good class, as was the case yesterday, and higher prices are expected before today’s close. Selling pressure is too severe, due to the disposition of southwestern farmers to hold new grain for higher prices. Com, which has been erratic recently due to conflicting reports, continued to remain under the influence of weather conditions. Today’s forecast reported good growing weather in all parts of the belt, but operators are maintaining their “show me” attitude regarding the new crop. Oats continued without feature today, following the trend of other grains. Crop conditions are about the same. Provisions opened unchanged. Chicago Grain Table —July 8— WHEAT— Prev. High. Low. 12 00. close. July 1.48% 1.45% 1.48 1.45% Sept. . 1.46% 1.44% 1.46% 1.44% Dec 1.49% 1.47% 1.49% 1.48 CORN— July 99% .97% 99% .97% Sept 1.07% 1.05% 1.07% 1.06 Dec 1.11% 1.09% 1.11% 1.10% OATS— Julv ........ .47% .45% .47 .45% Sept 49 .46% .48% .46% Dec 51% .49% .50% .49 RYE— July 7 1.13 1.10% 1.13 1.10% Sept 1.03 1.02 1.03 1.01 Dec 1.06% 1.03% 1.06 1.04 LARD— Jiffy 12.82 12.75 12.82 12.72 Sept 13.00 12.90 13 00 12.90 Oct 13.10 13.00 13.10’ 12.97 RIBS— Julv 11.80 Sept 12.00 Bu Times Special CHICAGO. Julv B.—Carlots: Wheat. 72; com, 88; oats. 18; rye. 1. Bu Times Special CHICAGO. July B.—Primary receipts— Wheat. 1.509,000 against 1,941.000; corn. 446.000 against 386.000: oats. 190.000 against 241 000. shipments—Wheat. 553.000 against l.li6.000; corn, 375.000 against 424,000; oats. 213,000 against 406.000. RAILWAY COSTS MOUNT Big Four Directors Report $2,478,917 IncreaseOperating revenues of the Cleveland, Cincinnati, Chicago & St. Louis railroad for the last year increased $2,478,917.66, according to a report made to the stockholders. The report, coming from the directors, was made Thursday. Total revenues of the road amounted to $94,539,987.16. Marriage Licenses Charles O. Bartolon. 28. Cleveland, Ohio, bookkeeper, and Bertha N. Alexander. 28, o t 1112 Central. Julian C. Anderson, 44. of 412 E. Market, hardware company employe, and Gretchen Pavne. 38. of 190 Ft. Wayne, bookkeeper. 6oldle C. Bales. 39, Beech Orove, musician. and Essie M. Martin, 30. of 561 N. Belmont, weaver. Ralph Wood, 23. Oblong. 111., merchant, and Agnes C. Stoner, 25. of 5511 Carrollton.

BUY MICHEUN TIRES *- PlJBLic service Tißf (1 k USE NEW YORK ST- BETWEEN PENN' $ DELAWARE^

Actress Behind Bars

Dorothy Mackaye, former stage favorite, is shown here in the Los Angeles County jail, awaiting her transfer to State Prison, where she starts a sentence of one to three years for concealing facts in the death of her husband, Ray Raymond. Raymond’s assailant, Paul Kelly, was sentenced to ten years when Raymond died following a fist fight between the two.

BYRD'S DREAMS NOT FULFILLED Friends Say He Longs to See Every Unknown Land. Bu United Press WASHINGTON, July B—Commander Richard E. Byrd, plans to devote the rest qf his life to exploration of the world's hidden fastnesses and unknown corners, according to friends here today, who have talked with him about his future. Friends say he will add to his polar and trans-Atlantic feats year by year, so he should leave the world a veritable book of knowledge. Byrd's plans to.fly over the south pole, tour South America, fly over Africa, and over Mount Everest—as announced in Paris—are regarded as only a part of the exploration he plans. Secretary of Navy Wilbur, who has withdrawn his earlier objections to Byrd’s south polar flight, said today he still thinks a flight about the equator is more practical, pointing out the dangers to flying in the winnd, ice, fog and snow of the polar regions. As for the other flights announced. Wilbur said he could not look forward that sex, but that he had no intention of "clipping the wings” of the naval flier'. PORK IS FAVORED MEAT Scientists Explain Public’s Taste Is Reasonable. . NEW YORK. Ju'y B—Results of scientific experiments have proved that the public’s appetite for pork products has a sound basis. Bacon and eggs are nc accidental combination. Neither is a Kam sandwich. There are scientific reasons which explain also why" the energetic American people consume pork so liberally. In recent years the consumption of this meat has amounted to about 59 per cent of the total meat diet in the United States, according to estimates of the Bureau of Animal Industry at Washington.

WHISTLES, THEN SHOOTSTO KILL Gary Police Hunt for BanditSlayer. Bu United Press GARY, and., July B.—An unsolved mystery today claimed the services of the pick of Gary’s police force. It is the identity of the “whistling killer” who has killed one man and probably fatally wounded another after holding them up. A heavy guard was thrown into the south side district Thursday night in the fear that others may fall victim. The mystery slayer Is believed to be a Negro, altnough police have no definite description of him. Monday night he shot and killed Herbert McGurt, Negro hotel custodian, after going through McGurt’s pockets. Wednesday night, he shot Oscar Elliot, Negro, after holding him up. In each instance, police said, he apnroached his victim from behind, whistling and singing as he swung along. As he drew up beside the unsuspecting men, he whipped out a gun and ordered them to throw up their hands. It was apparent, police said, that he had no motive other than robbery. PLAN AMERICAN OPERA New York Season of Native Company to Open Jan. 3. Bu United Press NEW YORK, July B.—The first New York season of the American Opera Company, which will produce opera in English with native singers, is announced to begin on Jan. 3, at a theater to be named, within a fortnight. Several houses are now under consideration, the one that will be selected to remain the home of the company until It acquires its own opera house.

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3 RAIL ROUTES i ASK I. C. C. FOR MERGER PERMIT Proposed Combination Would Link 15,900 Miles in One Unit. Bu United Press WASHINGTON. July B.—The socalled Hill interests today filed with the Interstate Commerce Commission an application for permission to unite the Great Northern, tha Northern Pacific and the Spokane, Portland & Seattle Railroads into a single network 15,900 miles long under the name of Great Northern Pacific System. The transaction submitted to the Interstate Commerce Commission for approval involves $1,708,000,000, this being the total of Investments of the three merged roads and the Chicago, Burlington & Quincy, which, though operated separately, is controlled by the Northern lines through stock ownership. Exchange Shares at Par The C. B. & Q. mileage Is 11.400* The new Great Northern Pacific Company, a Delaware corporation, would absorb the two Northern companies by echanging Its new stock: share for share for their old stock. The Great Northern and Northern Pacific now operates the Spokane, Portland & Seattle road jointly, owning all Its stock. The new company is authorized, under its Incorporation papers, to Issue 5,000,000 share# of stock, and today’s application asked the commission for authority to issue 4,970,976 shares of no par value stock to be exchanged for the stock of the Great Northern and Northern Pacific fompanies, the par value of The investments of the four great railroads Involved are approximately as follows: Northern Pacific, $584,000,000:1 Great Northern, $480,000,000; Spokane,' Seattle & Portland, $64,500,000; Burlington, $580,000,000. NEGRO DRIVER FREED IN DEATH CHARGE CASE State Fails to Convict Thomas Parker of Manslaughter. Efforts of the State to prove that Thomas Parker, 34. Negro, 1213 E. Twenty-Third St., Was drunk when his auto struck and killed Mrs. Mima Hunter, 40. of 1136 E. Seventeenth St., June 20. failed today. Driving while intoxicated and manslaughter charges against Parker were dismissed. Municipal Judge Paul C. Wetter ruled that the fact a man has had one drink does not mean he was under the influence of liquor. Witnesses said Parker was driving slowly and struck Mrs. Hunter when he swerved to miss another auto. The accident occurred at Sixteenth find Pennsylvania Sts. TOURS WORLD 4 YEARS Deaf-Mute Completes Journey Around Globe. Bu United Press ODESSA. July B.—A deaf-mute, Ivan Sokoff, who set out for a solitary world tour four years ago, has just completed his voyage here. Most of the <\istance he traveled on foot.