Indianapolis Times, Volume 39, Number 53, Indianapolis, Marion County, 12 July 1927 — Page 10
PAGE 10
BUYING MOVE CARRIES OVER ON U. MART Averages Approach Record Levels With Many Issues Advancing.
Average Stock Prices
Average of twenty industrial* Monday was 172,65. up .67. Average of twenty rails was 136.57. up .64. Average of forty bonds was 97.12, up .01. Bu United Press NEW YORK, July 12.—The buying movement which sent averages up to within striking distance of their high levels of the year Monday caried over into today’s early dealings on the New York Stock Exchange. General Motors moved up % to 202 after opening at 201%, Hudson gained % to 83% and other shares of the motor group held steady to
f ' New Bond By United Press NEW YORK, July 12.—The new Treasury 3% per cent bonds which the Government authorized recently to supplant the second Liberty 4%s were listed on the New York Stock exchange today.
firm. Railroads continued in active demand following predictions that the remainder of the year would see an improvement in car loadings over last year. Coppers improved slightly, while oils took on a better tone. In the industrial group Colorado Fuel ran up nearly a point and good gains were scored by Allied Chemical, Baldwin, Bethlehem Steel, Union Carbide and Radio Corporation, the latter rising a full point to 56. Good Average Monday’s advance in standard stocks carried Dow-Jones industrial averages to new high ground on the recovery from the June reaction at 172.65 and compared with the record high of 172.?6 on May 31 last. Even more stimulating to bullish sentiment was the rise in Dow-Jones bond averages to 97.12, against a record high of 97.78 established prior to the attack of indigestion experienced by the bond market mid-year. This evidence that the bond market was righting itself and the demand for unseasoned dividend shares was unimpaired, brought further buying into early dealings. Main Ones Up Price movements around noon suggested that the market leaders were resuming the main advance, with Steel common heading the upswing in the industrial list. Leadership of the highest grade also was afforded in the carrier group. Bouyancy in these stocks indicated investment funds we-e again flowing into seasoned rai's in good volume. In the motor and accessory group, companies having largest treasuries are giving the best market performance. These stocks .are Nash, Hudson, Packard, Chrysler, General Motors and Timken Roller Bearing.
Banks and Exchange
INDIANAPOLIS STATEMENT Local bank clearings today were $5,429,000; debits, $8,481,000. NEW YORK STATEMENT Bu United Press NSW YORK, July 12.—Clearings, $1,074,000,000; balances, $108,000,000. FOREIGN EXCHANGE By United Press NEW YORK, July 12.—Foreign exchange closed steady. Demand sterling, $4.85%; francs. 3.91%c: lira. 5.42%c. off .01; Belgas. 13.89 c. off .00%; marks, ,2372 c, up .03%; Montreal, ,99875 c.
Commission Row
PRICE TO RETAILERS FRUITS Apple*—Box apples Wlnesap, $3.50© 53.75. Barrel apple*—Ben Davis, $3.60. Basket apples (40 lbs.). Ben Davis, $1.50. Neu apples—Transparents, 40 ibs., $3 @4; Duchess, $3®3.25. Apricots—California, $2 crate. Bananas —4@sc lb. Cantaloupe—California, jumbo crates, [email protected]' standard crates, $3.25; flat crates, $1.50. Cherries—Cal’fornia, $6.25 (19 lbs.); Michigan. 16 qts., $3. Honeydew Melons—s3 crate. Lemon*—California, *9@lo. Limes—California, $3 per hundred. Oranges—California Valencias, crate, $4 @7. 7 Peaches—Georgia Elbertas, $3 bu. Pineapples—Cuban. [email protected]. Plums—California, [email protected] crate. Raspberries—Black, 24 pts., [email protected]; red, $4.50®5. Watermelons—Georgia^-average 30 lbs., 65@85c. VEGETABLES Beans—Green, $2.50 @3 hamper. Beets—H. G., 35c doz. Cabbage—H. G. t $3 bbl. garrots —H. G , 40c doz.; bulk, $2 bu. auliflower—Crate, $2.25. Celery—Michigan, Highball, $1.75 crate; 55C bunch. Corn—Louisiana, 45c doz. , Cucumbers —Hothouse. $1.25 aoz. Garlic—California, 20c lb. Kale —H. G., 85c bu. Lettuce—California head, $6 crate; H. G. leaf, 15 lbs., $1.25. Mangoes—Louisiana, $2 hamper. Onions—Yellow, 100 lbs.. $3.50; Spanish. >[email protected] crate; H. G. green, 45c doz. Parsley—H. G.. 50c dozen. Peas—H. a., $2.75 bu. Potatoes —Virginia Cobblers. $5 bbl. Radishes—H. G., white. 30@40c; red, 30 © 40c; H. G. buttons. 50c dozen. Rhubarb—-H. G., 35c dozen. Sweet Potatoes —Nancy Halls, $1.75 a hamper; new Alabamas, $2.50 hamper. Spinach—H. G.. $1.25 bu. Tomatoes—H. G. hothouse, 10 lbs., $2.40. Turnips—H. G., $1.50 bu.
Local Wagon Wheat
Local grain elevators are paying $1.27 for No. 2 red wheat. Other grades are ourchased on their merits. F. AND M. A. A. PICNIC V The Fairbanks-Morse Athletic Association will hold its annual picnic Saturday, July 23, at Broad Ripple Park. The affair will start at 1:30 p. m. Field contests and booth events will feature the picnic. A. H. Scott, in charge of general arrangements, has announced that the Fairbanks-Morse band will provide music. Carr Company Safe Robbed Thieves entered the office of the Carr Tire Company, Delaware and Michigan Sts., by a rear window and stole SBO fr9jn a safe which was opened by someone who worked the combination. ©
New York Stocks ■ 1 By Thomson A McKinnon
—July 12— Railroads Prev. High. Low. Close, close. Atchison 184 180% 183 % 181 At Coast L 199% ... 198% 198% B. & 0 116% 115% 116 115% o?* p o ci . flc ..::::iSi* 1!?* CL, V& P."”'.115% 115% 115% 115% Del & Hud 216% 216 216% 215 Del & Lack.... ... ... 162% Erie 56% 55% 56 55% Erie Ist pfd .... 60% 59 60 59% at No pfa 91% 91 91% 90% Lehigh Valley ...129% 128 128 A 129 % K C South 68 /* 66 % 67 68% L & 145% ... 145% 144 MKSc T 52% 51% 51% 51% Mo Pac pfd ....105 104V* 104% 104% N Y Cen 152 150’/* 151 149,* NYN H & H.. 53% ... 53% 53V* No Pacific 88% 88% 88% 88 * Nor Sc W 189% 187% 188 185% Pennsy lar ?..7.7. '64 '83% 63% Reading ....... 118% 117% 118,, 118 Southern Ry 129 128 128% 127% Southern Pac ..liß% 118% I}B I}®% St. Paul 16 15% 16 16 St. Paul pfd .... 31% ... 31 31/* St L& S W 90% 89% 90 90% St L& S F 113% ... 11|% 113 Union Pacific ..125 ... 175 n 4 V Wabdsh 73% 73 73% 73% Wabash pfd .... 96 ... 96 96 Rubbers — f-LV ** ::: 'ij'* >/• pM '/mii .>] Am q Car m &‘r7.. 99 ... 98% 99,, Amer Loco 106 U 105*/4 106*4 106 * Am Stl Fd 48% 46% 46% 46% Eiec*% in% ? ?g* Airbrake".'. i.j * Pres Stl Car.... 62 61 61 61 ,* Pullman 184% 184 184 ,* 183 Wsth A B ...,177% ... 177% 177 wsth Eiecsi% i% si% so% Bem" 1 * 51% 50% 51 50% coio Fuel":::::. m% 94% 95% 93% Crucible 88Vi 84,2 86,a 85 a Gulf St Stl ... 50 49 50V 2 47% Inland Stl 49% 49 % 49% 49 Phil R C & 1... 39 . 38 3 /4 38% Rep Stl 65*4 64% 65*/4 64 Sl-Shef H 7% U S steel 123*, 122 123 121% Alloy 27*2 ... 27Va 27 Vanadium .*••• 46 45 7 /e 46 45Va Am°B°o r *7. 16% ... 16% 16% Chandler 20% 19/a 18% 20% Chrysler 47% 47 V* 47 47% Dodge 19% 18% 19% 18 Con Mo H 10 va 11 10% Gabriel 47% 47% 47% 47% Gen Mo 202 Va 201‘/a 202 201% Hudson 83Va ■ 83 83% 83 Hupp 19% .. • 19% 19% Jordan 21 ... 19% 20% Mack 94% 93% 94 95% Mar Par ~ 12 Moon 8 61% 7% 6% Nash 70% 69% 70% 69% Packard 35 ... 34% 34% Peerless 24% PierCe Ar 14 ... 14 13% studebkr 50 49% 49% 50 stew War 63 61 62 Va 60% Timken 109 105% 109 10a % Willys-O 17% 17% 17% 17% White Mo 37Va ... 36 37 Mining— , Am Sm 155 Vi 152% 155% lit % Anaconda 43% 43% 43% 48V* Cer De Pas 59 58% 59 58% Insplr 14 13% 14 13% Int Nic 63% 62 63 61 Va Kennec 62% 61% 62% 60% U S Sm 35 Tex G & Sul... 65 ... 64% 64% Oils— At Ref 117% 116 117% 115% Cal Pete 23% .. . 23% 23Va Freep Tex 69% 69% 69% 69 Houston 171% 169 171 168 Indp Oil 19% 19 19% 19Vi Marland C 32% 32 32% 32 Mid C Pete ... 30% 29% 30% 29% P-A Pete B 55% 54 55% 54% Phil Pete 39 V* 38% 39 38 Va Union Oil 42% 42% 42% 42 Pure Oil 25% ... 25% 26 Royal Dutch ... 48% 47% 48 47% Shell 27V* ... 21% 27 Sinclair 16% ... 16% 16% Skelly 26% ... 26% 26 Std Oil Cal .... 53% ... 53% 53% Std Oil N J 36% ... 36% 36% Std Oil N Y 30% ... 30V* 30% Texas Cos 47 ... 47 47 Trans Pete 8% ... 8% 8% Industrials— Adv Rumly 11 Allis Chaim ... 108% ... 107 108% Allied Chem ....145% 144% 145% 143% Armour A 9% 9% 9% 11% Amer Can 59% 58% 58% 58% Amer H-L pfd .. 65% ... 65% 64% Amer Safety R .... 44% Amer Wool 18% ... 18% 18% Central L 14% ... 14% 14% Coca Cola ... . 1T7% 115% 117% 115% Cont Can 71% 71% 71% 71 % Cert Prods ... ... 50% Dav Chem 31% 31% 31% 31% Dupont 242% 241 242 240 Fam Players.... 97Va 95% 97% ... Gen Asphalt .... 75 73 74% 73% Int C Engr ... 45% 44% 45% 44% Int Paper 47% ... 47% '46% Int Harv 182% 182% 182% May D Sta 70% 70 70% 69% Mont Ward 67% 66 Vi 67 66 % Nat Lead ,106 Vi 103 106 Vi 104 Owen Bottle .T. 76 Vi Radio 56‘,i ... 56 55 Real Silk 33% 32% 33 31% Rem Type 44% 44 44% 44% Sears-Roeb 61 Vi 59% 61 59 United Drg 174 ... 173 174% Unlv Pipe 31% ... 31 Vi 31% USC I P 2377a 237 233 * ÜBln A1 .... 81 Vs 78% 81 78% Woolworth- 143% ... 1437 s 143 Am T & T 164 163% 164 163% Am Express .... 142 % ... 142 Vi 143 Am W W 91 ... 91 91 Brklyn Man ... 56% ... 58% 58Vi Col Gs Sc El 94% 93% 94% 93% Cons Gas 103% 102'/, 103% 102% Interboro 38 No Am Cos 48 47% *47% 47Vi Peoples Q ... Ho 1 /* Phila Cos I". 104% S Gas &El ....*. 61 Vi ... 61 61 West Union ....162 ... 162 162 Shipping— Am in Corp... 50 ... 49% 501/ Am SSc C ..... 4% " 4% 4% AUantic G . 39% ... 38V, 38 In M M pfd ... 47 ... 47 474; United Fr 134% 134% 134% r OOds— Am Sugar 90% 90 90% 90% A B Sugar on u Austin N ...... .. "• calif pkg.: ; B3 SBSM, 83,/ * * §&&& ;:: S3* - 58 % ‘S3 I 3g Jewel Tea 62 81 62 Nat Biscuit ....134% . 133a/. Punta Ale 39 /4 1 !§3% ... 103% 102% Am t°b ••• 18* vStaSSk;;::. "* "* > ffl& v.v.v.v; |si m >B* • ritefft ft Schulte R S .... 52Vs 52% 52% 52%
Produce Markets
Butter (wholesale price) Creamerv best grade, a pound, 43©45c. y ' Butt erf at--—Local dealers, 40c. apoflsf~lf @2(k!'dozen 1 deUvered at IndlanbJeTt^@2ho?sTi I 3 e l!vc la S?d e t>srdbr. s* 26c: li/ 4 to 2 lbs., 19(ft)i0c; ISKoAis blarlr turkeys No - 1* young srisfsfe™ B b w Bu United Press NEW YORK, July 12.—Flour onH easier. Pork—Steady • mess *33 I krri and Firm; middlewest, fi3.2o®i3*3 3 0.' Sugar— Raw ’ 9 S test - 4 -65 c refined firmgranulated 6.20 c. Coffee—Rio No 7 Santos. 16%ff117c. Tallow—Steady’ special to extra, 7%@7%c Hav—niifu No. 1. $1.20: No.’ 3. 90c(gll: eftver sl© LlO. Dressed poultry—Quiet* turk-v* os @4Bc; chickens, 20®35c; capons, 30®^46c* fowls, 12© 28c; ducks, 18@z2c; Long Islands. 23@24c. Live poultry—lrreaular* ?*V 11 rV.® 1 ? 0 ’<>on s ’ 12© 24c; fowls, 20© on^;? s * 25 ® 30c ; roosters. 17c; broilers, 20@40c. Cheese—Firm; State milk YA 83*®. ’SSnti&'/SsI 1 32,821* nearby white fancy, 38 Cw 40c- near* mo. e, .A 77c J Uesh firsts '24% © 25c, Pacific coast, first to extras, 28@37c* western whites. 26©30c; nearby browns' 28 /. ©3sc, Potatoes—Long island. $3.50© 4w,„ S z oUthe . rn .’ [email protected]; Maine. *2.50@3. bweet potatoes—Jersey basket. sl®2 75southern barrels, SB. ’ * l ' B '* 4 *' i> ' Bn United PrcsA CLEVELAND. July 12.—Butteis*—Extra In tub lots, 43@45c; firsts. 40@40%t; seconds 37%©38%c; packing stock, 28c. Eggs Extras. 27%c; extra firsts, 25%c; firsts, 24 %c; ordinaries, 22c. Poultry—Fowls. 25 @26c; Leghorn fowls. 18@20n; heavy broilers. 32©34c; Leghorn broilers, 23 © 25c; cocks. 14® 15c; ducks, 22®24c. Potatoes —Virginia barrels, [email protected]. Bu United Press OTIC AGO. July 12.—Butter—Receipts, 19 988; creamery. 39©39'/2C: standards, 40‘/ac; firsts, 37(ft37'/ic; seconds. 34@36c; extras. 40%c. Egg—Receipts. 18,173; ordinaries. 21*22c; firsts. 23©23%c; seconds, 20(f*20%c; extras, 24@24%c. Cheese —Twins, 22%®22%c; Americas, 23c. Poultry—Receipts. 3 cars; fowls heavy, 25c; springs, 33c; ducks, 17©20c; geese, 13@19c; Turks. 20c: roosters, 15%c; broilers, 28c. Potatoes—Receipts. 88 cars; on track, 112; in transit. 722: Kansas sacked Irtsh Cobblers, $2.30@ i. 40; - fbw fancy (hade higher. Sweet potatoes—s 2 ©2.25.
NO CHANGE IN HOG PRICES IN > TRADING HERE Improved Tone in Calves, Steers and Ovines; Cows Steady. —Hog Prices Range— July Bulk. Top. Receipts. 5. 8.75(39.50 9.50 12.000 6. 8.8539.60 9.70 8.500 7. 9.0039.85 9.90 9,000 8. 9.0039.90 9.90 9.000 9. 9.35310.00 10.10 5.500 11. [email protected] 10.10 4,500 12. [email protected] 10.10 9.000 No changes took place in hog prices at the Union Stockyards today, the new level reached Saturday still prevailing. Receipts were estimated at 9,000 and holdovers were 200. Top lights continued to bring $lO.lO, while bulk sales ranged downward from $lO to $9.35. The Indianapolis market had a slight edge on Chicago’s .which was around steady and showed a top of $lO. Hog Price Range General quotations on porkers ai the local exchange were: 160-200 pounds, $9.85@10, some up to $10.10; 200-225 pounds, [email protected]; 225-250 pounds, [email protected], and 250 pounds up. $8.75@9,35. Sows sold at s7@ 8 and packing sows, $8.25@9*25. Steers were higher and other material in the cattle department steady, with offerings amounting to about 1,400. Beef steers went at $10.50@ 13.25; beef cows, $6.75f?8.50; low cutters and cutter cows, $4.25'® 5.50; bulk stock and feeder steers, $7.25 @8.50. Prices Improve Calves advanced 50 cents on the hundredweight. The 900 head re-, ceived were selling at sls down to $12.50. Sheep and lambs were steady to 25 cents higher. Top fat lambs were $14.50; bulk fat lambs. $13.50@ 14.25; bulk cull lambs. $8.50@ 11.25, and bulk fat ewes. $5 @7. Receipts approximated 1,000. —Hog*— Receipts, 9,000; market, steady. 90-130 lbs *9.00© 9.25 130-160 lbs 9.25© 9.90 160-200 lbs 9.754110.10 200-250 lbs 9.254* 9.90 250 lbs. up 8.754*9.35 —Cattle Receipts. 1,400: steers higher: cows steady. Beef sters $10,504*13.25 Bulk stock and feeder steers. 7.25® 8.50 Beef COWS 6.75® R. 50 Low cutters and cutter cows.. 4.25® 5.50 —Calves— Receipts, 900; market higher. Best vealsr $12.504115.00 Heavy calves 6.004*9.00 —Sheep and Lambs— Receipts, 1,000; market, steady to higher. Top fat lambs $14.50 Bulk fat lambs 13.50® 14.25 Bulk cull lambs 8.504*11.25 Fat ewes 5.00 7.00 Other Livestock Bu United Press CHICAGO. July 12.—Cattle—Receipts. 8.000; fed steers and she stock fully steady. Stockers, slow, steady, scarce; bulls, 10© 25c higher, vealers, 25c higher; extreme top heavy steers. $14.45, highest of season, few heavies here: yearlings up to sl3; long yearlings. $13.25; yearling heifers up to sl2; most fed steers. [email protected]: vealers. $13.504i 14. to outsiders at $14.50. Sheep —Receipts, 7,000; fat lambs falrlv active, steady with Monday’s close; early bulk good natives, sl3, sorts light- new natives. $13.75, mast kinds $lO4/ 10.50; no range lambs sold, choice Oregons held about $14.85; sheep steady to strong, scattering of fat ewes. $536.50; feeding lambs scarce. nominally about steady; fat rangers yesterday. $14,754/ 14.85; bulk and top feeders. $14.50. Hogs—Receipts. 25,000; market, steady to loc higher; heavyweights, $8,554/9.40; meidumwelghts, s94* 10.05; lightweights, $9,104*10.10; light lights. $8,904*10: packing sows, $74(8.15; slaughter pigs, $8.654f9.60. Bu United Press PITTSBURGH. July 12.—Hoes—Receipts. 1.000; market, active 15®25c higher; 250 to 350 lbs., $94/9.50; 200 to 250 lbs., $9,504/ 10.15; 160 to 200 lbs., $10,154*10.65; 130 [email protected]; 90 to 160 lbs.. $10,254*10.50; packing sows. $74*7.50. Cat-tle-Receipts. 11; calves, 50; market, nominal. veals . 50c hi Kher; beef steers. $10,504* 12.75; vealers, $154(15.50. Sheep—Receipts. 150; market, steady; top fat lambs, sllsO. Bu Tailed Press , UUEVELAND, July 12.—Hogs—Receipts. 1,600; market, 104/15C higher; 250 to 350 lbs.. $8.7539.85: 200 to 250 lbs.. $9,654* lOAO; 160/to 200 lbs., $10.354710.50; 130 to 160 lbs., *10.404*10.50; 90 to 160 lbs., $10.35 @10.50; packing sows. [email protected]. Cattle —Receipts, 100; calves. 200; market, steady; beef steers. $9,504*10.50; beef cows, 85 25477.50; low,cutter and cutter cows. [email protected]; vealefs, $15@17. SheepReceipts, 500- market, steady; top fat lambs, sls; bulk cull lambs, $104*11.50; bulk fat ewes. [email protected]. Bu l r nited Press EA ST BUFFALO July 12.-HogS-Re- ,°®: holdovers. 1,989; market, steady; 250 to 350 lbs.. $8,754/9.75; 200 to 2*o [email protected]; 160 to 200 lbs.. $10.25 ®UhSO: 130 tp 160 lbs $10.25310.60; 90 to 160 lbs., $10.354/10.50; packing sows $7 504*8. Cattle—Receipts, P 175; calves! : m , a , I = steady, calves steady; vealers. $15.504716. Sheep—Receipt*. 50* market steady; bulk cull lambs, sll® 12.50; bulk fat ewes. $54*6.507 Bii Times Special LOUfeviLtE. July 12.—Hogs—Receipts 800; market, steady: tops. $9.80. Cattle— Recepts, 100; market/steady. CalvetReceipts. 200; market steady; good to choice. [email protected]; medium to good, $9,504* ll; outs. $9. Sheep—Receipts. 2.000market steady: mixed lambs. $13.50; ewes @5 50 ret h er ®’ * l4 ' second *- 89; sheep, $3.50 Bu United Press EAST ST. LOUIS. July 12.—Hogs—Receipts, 15,000; holdovers, 1,760; market st{°n6,5 t {° n 6, to 25c higher; 250-350 lbs., $8,854* 2 6p-250 ihs.. $9.25310; 160-200 lbs.! IBn if 10 ’M : *l 3 2n leo 11 ?*" [email protected]; 907 6 Q°n r:,??®o 80; packing sows, $7.25@ H o .u.F a “ , f. —Re ? elpt *- 9 -6°o; calves, 3,000; marke*, native steers steady to lower; beef ,J 9 - 2 [email protected]; light yearling steers and heifers, s9@ll; beef cows. $6477; low a ? d cutter , cows ’ * 4 ® s ; vealers, $14.50, heavy calves, $7,504*8.50; bufle ni > ri C f /P d o nnn er steers. *7.25478. Sheep—--50@75c lower: top JAt 'k/hhs, $13.50; bulk cull lambs, $8.50; bulk fat ewes, [email protected]. Bu United Press i- 2 - —Hogs—Receipts. 400; Pi ar £et. steady, heavies, *8.404/9; mediums, *[email protected]; Yorkers, *[email protected]; good P BS i, .89-50© 10 Calves—Receipts, light; market steady. Sheep and lambs—Receipts. kh t; market steady. Cattle—Receipts light; market steady. CITIZEN MILITARY CAMP MEN AT BROAD RIPPLE March From Ft. Benjamin Harrison Made by Group. Candidates of Ft. Benjamin Harrison citizens’ military training school marched to Broad Ripple park and camped today. They will return to the fort Wednesday, working out a field problem on the way. Candidates at the camp have turned their eyes toward several free scholarships offered by various colleges. A leader among the scholarships is one offered by Culver Military Academy, Culver, Ind., for the candidate most proficient in playing the French horn or clarinet. It consists of not less than $1,250. At least ten others are offered. Officials of the camp announced that Arthur H. Braun, 1321 Spruce St., Indianapolis, had won second place in the pistol firing competition at the camp. Braun is a corporal in headquarters company, i
THE INDIANAPOLIS TIMES
In the Cotton Market
(By Thomson Sc McKinnon! NEV/ YORK, July 12.—New England mills continue to buy contract* and the public is following their lead. In the meanwhile the crop is racing to maturity under conditions as favorable as any I can recall. My contention that the dry goods situation is poor has finally gotten In the papers. The slackness of summer trade Is particularly noticeable. FARMERS MAY RECEIVE MORE FOR 1927 CORN Decreased Acreage, Poor Crop Conditions Indicate Higher Prices. Bu Tinted Press WASHINGTON, July 12.—Farmers may realize higher prices for their corn crops this year, due to decrease acreage and to poor crop conditions, Agriculture Department authorities said today. Corn acreage this year was estimated at 97,638,000 acres, compared with 99,492,000 acres last year. \ The condition of the crop, at 69.9 per cent of normal, was the lowest condition since 1901, and indicated a yield of only 23.3 bushels per acre compared to a five year average of 27.2 bushels per acre. This year yield will be the lowest per acre since 1933. The corn crop is late in nearly every state although rapid improvement is now being shown, officials said. Nebraska for instance reported 8,544,000 acres in corn under cultivation on July 1, representing 95 per cent of last year’s acreage. The State crop itself is 80 per cent of normal, ‘indicating a production of 198,221,000 bushels. Winter wheat during June made a strong recovery and condition on July 1, was reported 75 per cent of normal, indicating a production of 579,416,000 bushels compared to 537,000,000 bushels forecast a month ago. The principal Increases were in Kansas and Nebraska. ' Inasmuch as last year's winter wheat production was 627,000,000 bushels, Agriculture Department otficials foresee the possibility of higher winter wheat 'prices, though the increase may not amount to as much as they anticipated in the late spring. The condition of spring wheat in North Dakota, Minnesota, Montana. and South Dakota was reported above average, and the large increase in acreage in South Dakota resulted in a predicted total country crop of 274,000,000 bushels this year compared to 205.000.000 r.isheb harvested in 1926. This increased production it was said, may offset somewhat the price increases foreseen for winter wneat GUILTY IN DOPE CASE Theodore Bradfield Convicted on Conspiracy Count. Theodore M. Bradfield of Indianapolis was convicted of conspiracy to violate the narcotic law by a juiV in Federal Giurt today. Three other defendants indicted jointly with Bradfield, Fred Harry Quick, Earl Foster and Harry E. Merriam, had pleaded guilty. Quick testified he and Bradfield brought an ounce of morphine from Detroit. Delilah Hayden Brown, Negro, wife of Edward (Fox) Brown, was convicted of conspiracy to sell alcohol in the restaurant operated by her husband at 306 N. Senate Ave. Bradfield and Mrs. Brown were to be sentenced by Federal Judge Robert C. Baltzell later. Births Girin Lee and Helen Wesley. 1121 S. Tremont. James and Gretchen McGarrell, 3540 N. Meridian. Elliott and Bessie (Jarroll, 1030 Division. Oscar and Caroline Kasper, 1301 Hartford. James and Elizabeth Coffin, 1010 St. Paul. Boy* Thomas and Helen Spurlock, 1052 Eugene. Joseph and Emma Pfeffer, 2028 Brookside Parkway. Lewis and Emily Brunnemcr. 1406 Silver. Esther and Hazel Russell, 950 N. Illinois. Clarence and Ruth McLaughlin, 42 N. Elder. Andrew and Mary Short, 2310 E. Eleventh. James and Elizabeth Mclntyre, St. Vincent Hospital. Norman and Katherine Hamilton, St. Vincent Hospital. George and Helen Mullins, St. Vincent Hospital. George and Urlth Gill. St. Vincent Hospital. Arthur and Mae Whlsman, 2954 N. OlneV. Deaths Antonio De Lucca, 80. 523 Warsaw, chronic myocarditis. Ruth Sipe, 14, Methodist Hospital, sarcoma. Cecil Nokes Swisher, 35, city hospital, chronic myocarditis. Katherine Elizabeth Betzlng, 51, St. Vincent Hospital, appendicitis. Essie Glasheen, 47. city hospital, chronic myocarditis. Donald Edward Ortel, 2 months, 1202 Evlson, spina bifida. Fermont D. McDaniels. 71, 1921 N. New Jersey, cerebral hemorrhage. Lillian Hall, 34, Long Hospital, mitral stenosis. Alice Worland, 63, Methodist Hospital, peritonitis. Kate Wathen. 63, Christian Hospital, carcinoma. enth. cerebral hemorrhage. Bettle Giddlngs. 71, 341 W. Twent.v-Sev-Elsy Reno. 55. pity hospital, cardio vascular renal disease. William B. Huff. 69, 1423 E. Twelfth, cerebral hemorrhage.
Russian Rivers Full of Swimmers Without Suits
Will Rogers Wrong, Technically Speaking, but Has Right Idea. Bu United Press MOSCOW, July 12.—Will Rogers is wrong in his idea that there isn’t a bathing suit in all Russia. The soviet union enters a dentil of the cowboy-writer’s recent assertion. A casual inspection of the Moscow shops reveals creations which would satisfy any Amreican beach censor. But, a casual inspection of almost any rivqf bank suggests that Will Rogers may have been half right, after all. There are plenty of bathing suits
CROP REPORT BEARISH; ALL GRAINSLOWER Unexepected Tenor of Government News Has Weakening Influence on Prices. Bu United Press CHICAGO, July 12. prices for all grains featured today’s opening as a result of the rather unexpected bearish tone in the Government crop reports issued late yesterday. Wheat prices were 1% to 2%c lower than the previous close; corn was to %c off, and oats were down Vx too lc. Wheat, which declined more than lc yesterday due to weather conditions, and an increased visible supply, went down heavily again today when reports showed much larger winter and spring crop possibilities than given in private reports last week. Figures on the winter yield were 579,000,000 bushels and on spring, 274,000,000 bushels. Weather in the wheat belt continues good, with high temperatures and scattered rains. Liverpool was lower today. Corn prices fell after yesterday’s good advance on bullish weather news, due to the Government report, which although bullish in comparison with last year’s yeild, was bearish to the extent of being greater than the recent private reports. Monday’s report estimated a harvest of 2,274,000,000 bushels. Parts of the belt continued in need of rain today. Despite the lateness of the crop, the Government report on oats was bearish, with an estimate of 1,349,000,000 bushels, considerably above the private report figures. Provisions opened steady. Chicago Grain Table —July K ~ WHEAT— Prev. Open. High. Low. Close, closo. July.. 1.44% 1.44% 1.42% 1.43 1.46% Sept.. 1.41% 1.42% 1.40% 1.40% 1.44% Dec... 1.44 1.45% 1.43% 1.43% 1.46 7 CORN— July.. .99% 1.01% .99% 1.00% 1.00% Sept... 1.06% 1.08 % 1.06% 1 06% 1.07% Dec... 1.10% 1.12% 1.10% 1,10% 1.10% OATS— July.. .45% .45% .45 .45 .46% Sept.. .46% .47% .46% .46% .4774 Dec.. .49 .49% .48% .48% .50'. LARD— July 12.87 12 87 12.87 12.87 12.87 Sept. 13.00 13 02 12 97 t 2 97 13.00 Jan.. 13.30 13.32 13.30 13.30 13.30 RIBS July 11.90 12.00 11.90 12.00 11.90 RYE— July. r 1.10% 1.10% 1.08% 1.08% Ml 7 ’, Sept.. 99% 100% .97% .97% 1.01% Dec... 1.02 1.03% 100% 1.00% 1.047, Bu Times Special CHICAGO July 12.—Csrlots: Wheat. 19; corn, 222; oats, 59; rye, 7. Bu Times Sperint CHICAGO. July 12.—Primary receipts; I Wheat. 1,594.000. against 2,221,000; corn. 574.000. against 611.000; oats. 225 000, against 282.000. Shipments: Wheat. 852.000. against 1,042,000; corn, 692.000. against 428,000; oats. 295,000. against 510.000. Bp United Press CHICAGO, July 12.—Cash grain: Wheat r , e<1 ' 81-83%. Corn-No. 2 vellnw. $1.05© 1.05%; No 3 yellow. $1,044*1.04% No. 4 yellow. *1.01'.,@1.02%: No. 5 yellow. 99c© *1.02; No. 6 yellow, 97%5/*1; No. 3 mixed, $1.02'/,; No. 5 mixed. 98'-c®*l.ol- - 6 mixed, 97%®98%c: No. 3 white *1.02%© 1.04: No. 4 white. $1.02: No. 5 white. $1.01'4; No 6 white. 97%@98c; sample grade. 85®97c. Oats—No. 3 white. 46© 47c; No. 4 white. 43%© 46%c. Barley —291.80 c Rye—No. 2. *1.11%. Timothy —54.50; clover, $20©30.
In the Sugar Market
lßy Thomson A McKinnon) NEW YORK, July 12.—The drougth In Cuba Is focussing attention on the current crop months, but there is a steadier undertone to the whole market. The European position Is much better and while domestic demand for actual sugar is erratic the consuming demand is increasing and must develop In full force before long. The December and January deliveries have experienced some investment buying which should continue. $14,000 Gift Voted Bu United Press FT. WAYNE. Ind., July 12.—A contribution of $14,000 for an altar at the national shrine to the Immaculate Conception at Washington, D. C„ instead of SIO,OOO as agreed upon previously, was voted today by the board of directors of the Daughters of Isabella. The national convention of the organization will be opened here informally tonight with "Indiana night.” Regular sessions will begin Wednesday. Suicide’s Body Found Bu Times Special VALPARAISO, Ind., July 12. Leroy Stickney, 56, missing since May 31, died by his own hand. His body, with a razor beside it, was found in a clump of bushes on the northwestern edge of the city by two boys who were picking berries. Hurt on Wedding Date Bu Times Special GOSHEN, Ind., July 12.—Henry O. Schmidt suffered two fractures of his spinal column on the first anniversary of his marriage, when the automobile he was driving was overturned. He is not expected to recover. Beauty Gets Divorce Bu Times Special MUNCIE, Ind., July 12.—Ruth Gertrude Caldwell, winner in a beauty contest, was given a decree of divorce here from Chester Caldwell and her maiden name ol Heller restored. She charged cruelty
in Russia, but not many are in use. The celebrated dictum regarding soviet bathing habits, offered by the mayor of Beverly Hills, Cal., was based on insufficient investigation when he was in Russia a year ago. He hired a bicycle and wheeled himself up the banks of the Moscow river and tributary streams and hired a row boat to travel downstream. - There Isn’t a stream in all Moscow province which has not been investigated since and Will Rogers was right to this extent. There isn’t a bathing suit at work in all the province. - But there are plenty of bathing suits. There are red ones, yellow ones and green ones. The shops afe full of them and probably will continue to be, for the Moscow bather doesn’t use a bathing suit.
Genero'us West Stocks Coolidge General Store ’
Voyagers
A BISHOP ON VACATION ■■■ ■ — Bishop Demetrion SXnicolaau, highest but one in the Greek Catholic Church, chose America for a rest , came for a vacation from his high ecclestiastical duties. You see him here a picturesque Xnicolaau York. SCREEN QUEEN RETURNS
Yours vmmg—twice! Mrs. Arch Selwyn is neither a movie star nor is she returning to the screen. She's wife of the photop 1 a y producing king and her come back is simply her return to New York from an extended trip abroad. Our picture was taken aboard the 9. S. Aquitania as it neared Gotham.
ifsilli
Mrs. Selwyn
KNOW HIM? NOT MANY DO
One of America’s most eminent and at the same time most little known men is William Lawrence Saunders, New York engineer. He is chairman of the Naval Consulting Boprd and a deputy chairman of the Federal Reserve Board. This was made upon his recent return from Europe.
Saunders
BACK TO OL’ BROADWAY
After a year and a half spent abroad, beautiful Camilla Lyon, popular stage star, returns to Broadway. Camilla thus smiled sweetly for the cameraman as the s. S. Aquitania, bearing her home, steamed up New York bay. And what a welcome she received when the vessel docked!
Miss Lyon
CROPS WITHOUT PROMISE-U. S. Government Report Shows Poor Outlook for Year. WASHINGTON, July 12.—The Agriculture Department announced crop prospects, as a whole, are far from promising this year. The present outlook is for the shortest corn crop in 26 years; for a very short fruit crop; for a material reduction In tobacco production; for about average production of potatoes, wheat, sugar beets, flaxseed and feed grains other com. Large crops of beans, peanuts and sweetpotatoes and a record hay production were predicted. The department said crop prospects are fairly good in the western states, but-very unpromising in the eastern part of the corn belt. The area p anted this season is reduced around 7.000,000 acres less than, or 2 per cent below, the acreage planted at this time last year. Most of the reduction has occurred in the Mississippi flood section. The largest changes were 6,000,000 acres decrease in cot* on, 2,000,000 acres decrease in com and 2,000,000 acre increase in <rheat. Sheriff Wins Contest Bu Times Spcrial MUNCIE, Ind., July 12.--Jchn C. Humphries, Democrat, has lo*t his contest of the election of Harry McAuley, Republican, as sheriff of Delaware County. Judge A. L. Bales of Winchester, ruled McAuley won by seventy-four votes in the election last Nov. 2. Triplets at Terre Haute Bu Times Special TERRE HAUTE, Ind., July 12. Girl triplets were born to Mrs. Will T. Lenges, already the mother of nine children.
New Assessor
" -*Jp ■HP :*JBk
James W. Elder, 6043 Lowell Ave., named county assessor by county commissioners to succeed James C. Douglas, who committed suicide last Tuesday.
Gifts Lavished on Visitor, Ranging From Pies to Riding Kit. BY PAUL R. MALLON, United Pre* St*lf Correpondent RAPID CITY, S. D., July 12. President Coolidge could start a general merchandise store, a stable, or a cowboy outfitting emporium with gifts he has received since he arrived in the West for his summer vacation. Mail being received here is three times the size of the White House mail in Washington and most of it contains gifts, ranging from beads for Mrg. Coolidge to pies for Mr. Coolidge. In Washington, Mr. Coolidge was able to build up a zoo to sizable proportions by donations animals. Here he has received a baby kangaroo, two lions, a bear, a raccoon, a peacock, three dogs, two cats and a pair of rabbits. Out here fishing tackle, saddles and ten-gallon hats are favorite gifts. The other day the President wanted to offer his personal physician, Major James F. Coupal, a ten-gallon headpiece so he referred him to the hat room at the summer’White House, where he found thirty-five cowboy somberos piled up. They had been sent to him by local citizens. Three pairs of cowboy chaps and a red flannel shirt also have been given him and while he wears them sometimes here, there is speculation among his friends as to the sensation he could cause if he wore them on Pennsylvania Ave. in Washington. Three horses have been placed at his disposal. Everett Sanders, secretary to the President, spends eighteen hours a day writing letters, thanking wellwishers for flies and worms sent to Mr. Coolidge. The President is using flies almost entirely now. He went fishing before dinner last night and again this morning before going to work at the executive offices. TOWN WILL BE MOVED Indianapolis City Planner to Direct Shift in Kentucky. Lawrence V. Sheridan, pioneer Indianapolis city planner, has been chosen by the American Red Cross to direct removal of the town of Columbus, Ky., to'higher ground to prevent annihilation by the Mississippi River. Sheridan, first executive secretary of the Indianapolis plan commission, was picked for the work through William Fortune, chairman of the Indianapolis Red Cross Chapter, and will donate his services. Fortune announced. MOTION PICTURES
The world's greatest and most popular actor—'John Barrymore 5 at his best in : “THEBELOVED : I^OGUE” A picture you will enjoy * and remember b=^=l ON OUR STAGE ' Bernie Schultz and. his * CRESCENT ORCHESTRA A Hot Band! NEWS —FABLE —CHATS . c :
QlpioMop “FAUST” WITH EMIL JANNINGS 1R GANG COMMIT >d\ NEWS, K.VKI, GORDON, APOLI.O MERRY - MAKERS.
ALICE TERRY In REX INGRAM’S Giant Production |T H E MAGICIAN” MACK BENNETT COMEDY “Smith’s Fishing Trip”
OPEN WEEKDAYS AT 11:00 A. M Sam Hard*/ Eol WIItOB MJI "BROADWAY NIGHTS” A FIRST NATIONAL PICT! RE 9 a j A Puhllx Pranriitntlon y “WINTER NIGHTS” || H Company of 20 Artists An Orrheatral Produrtlon ml “CHARLES GOUNOD” ULJ INDIANA ORCHESTRA V’tH STOLAREVSKY MILANO TRIO . Harold Raftisay at the Barton Week Day* FROM 1 TO 6 ALL SEATS 40e 11 a. m. to i 1d m. / *VES. Balcony 40c All Seats ■■ V V holidays Othera 600
JULY 12,1927
INSANITY PLEA l MAY SAVE GIRL Rebecca Rogers Unconcerned as Trial Opens. Bu United Press SAN MARCOS, Texas, July 12. Rebecc® Bradley Roger’s unconcern over the fact she may be on trial for her life today may be pointed to by defense attorneys as evidence of insanity, which, they t:laim, is what caused her to turn bank robber. Testimony was to begin today, following selection of a to try the case. Under Texas law, bank robbery is punishable by death. Mrs. Rogers is a former University of Texas co-ed. During yesterday’s preliminary skirmishes, the girl chatted gaily with reporters and friends. She paid little attention to the proceedings. Mrs. Rogers walked into a bank one day last summer and after gaining entrance to the cage on a pretense of being a newspaper woman, pointed a pitsol at bank employes and took several thousand dollars. She was arrested a short time later and most of the loot recovered. Her husband, Otis M. Rogers, young attorney of Austin, will testify in his wife’s defense. Rogers has been seriously ill, causing ment of the trial. DEMAND MEXICO ACTION Third U. S, Note Demands Punishment of Slayer. Bu United l‘rt,ss MEXICO CITY, July 12.—Th3 United States embassy has presented its third note asking apprehension and punishment of the murderer of Arthur Brewer, American who early in June was killed at Guadalajara. AMUSEMENTS ~
jffIHALACE fei VAUDEVILLE - THE BEST -PHOTOPL/yya
CONTINUOUS I TO II P. H. Sorrentino Four METROPOLITAN STARS GEOROE KENNEDY MORTON a DAVIES Billy “Swede” Hall an orixina! character comedy gem, "HILDA'* Connell,Leona & Zippy “Cinderella, Prince and leater” PHOTOPLAY REN LYON In “HIGH HAT**
I WfisM VAUDEVILLE STARTS 2:00—4:20 —7:CO and 9:20 O'CLOCK “MEET THE NAVY” With Lourll B. Drrw ALDRICH'S LANCASTER AHO HAWAIIAN "etcLEVE SINGERS DAY & DAVIS 6 —DAUNTOK SHAWS —6 WILL ROGERS "IN PARIS" j I DAILY PIPE ORGAN RECITAL I | BY LESTER 111 IK, STARTS 1 I 12:10 NOON. DOORS OTEN 11:30.
HlfilQ Now! Mat.YY>d..Snt. STUART WALKER COMPANY GEORGE GAUL IndlTnxpoUn j VIVIAN Cincinnati GAVIN GORDON I C<,P,P * nl *‘ I AND 62 OTHERS
KISMET Imporiant to Ciubs and Societies! Hold n Tlipnlrr I'nrfy at hrltli>\ and It a I. l* Money for Y'oflr Club Fund •lul.v 17... Alpha (111 Omrxn Night July 19....5t. Acne* Aeadeiny Night
, |. JEAN OLIVER '•jrwftL MILTON BYRON Oriental-Amrrlean Drama "HIS CHINESE WIFE” Nltci. 8:13. Mat*., Wed.. Thun. Sat.. 2:15. wt’ek Robert St. Clalr’o JULY New M y #ter y Comedy IITH 1 ? ? ? ? 7 7
AMUSEMENTS
