Indianapolis Times, Volume 39, Number 61, Indianapolis, Marion County, 21 July 1927 — Page 14

PAGE 14

G. M. C. BRINGS SENSATION TO STOCJTCHANGE Pushes to New RecordLarge Number of Shares Traded.

Average Stock Prices

Average o! twenty Industrials Wednesday was 177.83, up .91. Average ol twenty rails was 139.90, up .14. Average ol lorty bonds was 97.10, up .02. Bu United Press NEW YORK, July 21.—General Motors stock was the center of a wild day of trading on the New York Stock Exchange today. Up to 2 p. m. 110,000 shares had changed hands at prices ranging from 212% to 216, which was the price at 2 p. m. It was a gain of 3 points over Wednesday’s The activity In General Motors was reflected in many other stocks, which made heavy gains under brisk trading. By United Press NEW YORK, July 21.-r-After the hectic session of Wednesday, early dealings on the Stock Exchange today appeared comparatively tame. Prices were steady with no unusual strength displayed in any individual issue. General Motors moved into new high ground for the fifth session in succession, at 214, up % from the previous close. Steel, General Motors’ recently dormant running mate, moved up % to 126% on a heavy volume of transactions. Westinghouse opened at 87%, up %, and shortly after moved up to 88, which was % below its record high for the past twenty years. Interest in Motors American Smelting was in fair demand at 159 Va, up 1. Other industrials generally held around Wednesday’s closing levels. Considerable interest was evinced in the motor group outside of General motors. Chrysler advanced 1% to 48% at the opening and then moved up to near 49. Hudson- Motors, Nash and Willys-Overland were up % each. Stocks continued to swing ahead in early dealings under the momentume gained from Wednesday’s sweeping advances. General Motors reached a further high at 214, up %, and Steel common gained fractionally. Houston Oil moved against the trend, breaking to 160, off 8 points from Wednesday’s high. The selling was due to disappointment over the company’s six months’ earnings, which left a balance of slightly more than $4 for the stock. Credit Easier Reactionary tendencies were vented from gaining headway in the late morning by a further easement of credit conditions. Following the reduction of % to 1 per cent made yesterday in short dated bankers’ acceptances, dealers made a similar reduction in four to six-month bills. Call money on bankers’ acceptances was reduced to 3% per cent from the 3% per cent charge in effect, since the end of June. Some borrowers were able to secure accommodations on this class of collateral at 3% per cent. The official rate for demand loans on the Stock Exchange collateral dropped to 3% per cent, the lowest since March 16.

Banks and Exchange

INDL4NAPOLIS STATEMENT Local bank clearings today were $3,501,OOOidebitS, $5,852,000. FOREION EXOHANGB By JJnited Press vnSW YORK, July 21—Foreign exchange opened steady. Sterling demand $4.85%; franfc, 3.91%: lira 5.43%c. up .00%; Belga. 13.89%c; March, 23.7Wfcc. TREASURY BALANCE By United Press WASHINGTON, July 3L—The net balance in the Treasury general fund on July li was $171,968,783.26.

In the Sugar Market

(By Thomson As UoKinnon) NEW YORK, July 21.—Price movements continue to be dictated by technical market conditions, which at the moment:'-are inclined to produce some unsettlement. The comment continues to emphasize the steady undertone, but it will need a greater demonstration of activity In the spot market to bring it to the surface. Births Boy Twins Elmer and Edna Sparks. 1830 Arrow. Boys Jesse and Merl Clements, 1248 W, Washington. _ _ , ~. Charles and Carrie Rafferty, 201 \N. Ervin and Mary Hatcher, 2047 Columbia. Ray and Helen Neville. 1521 Ringgold. Girls Harley and Grace George, 1506 N. Colorado. Lesley and Esther Cowell, 1529 Martindale _ Frank and Lucy Sowers. 238 S. Temple. J. W. and Fredla Rothwell. 412 W. MeCarthy. Harvey and Cordia Albert, 2139 Ashland. Allen and Irene Jordan. 4937 Hovey. Daniel and Eva Perkins, 826 W. FortyFirst. Charles and Agnes Meo, 525 8. West. Benzel and Sarah Throckmorton, 3143 Royal Rd. Charles and Dorothy Calkins, 2206 Roosevelt. George and Gwendola Hadley, 2334 N. Dearborn. Kirby and Jeanette Blevins. 1236 English. . Charles and Avis Tidd, 1326 Oliver. Deaths John William Level, 75. 1924 Lexington, arteriosclerosis. William J. Lawler, 81, 1920 Ludlow, cerebral hemorrhage. Dorothy Jenkins. 43, 418 N. New Jersey, gangrene. George Harding, 34, city hospital, tuberculosis. Jake Clouse. 29, 15 N. West, general tuberculosis. Eva Hasty, $7, Central Indiana Hospital, acidosis. —, Henry Casper Walters, 17, Methodist Hospital, fractured skull, accidental. Frances Weitz, 86, 4072 College, broncho pneumonia. Sn Ryan, 46. city hospital, accidental. > Belcher. 30. 958 N. Tremont, pulmonary tuberculosis. Slaves Advertised By Times Special AUBURN, Ind., July 21.—Slaves are offered for sale in an advertise-ment-in an Indiana newspaper issued In 1849, which has been unearthed hei*e.' The slaves are described as “all good and strong.’’

New York Stocks By Thomson & McKlmon

Railroads— y Prev. High. Low. 2:00 close. Atchison 1887a 187% 188% 188% At Coast L 200% 197 200 200% B & O 116% 115 116% 115 Can Pacific 184 ... 184 185 6 & O 185% 184% 185 184% C&N VU 90 ... 89 , 89% C R & P 114% 114% 115 Del &'Hud 213 212% 213 214 Del & Lack 166% 166 166% 164% Erie 61% 61V's 61% 61% Erie Ist pfd ... 61% ... 60% 60% Gt No pfd 94 ... 94 94% Lehigh Val 121% ... 120% 121 K C 3buth .... 68% ... 68% 69 L& N ....146 145% 145% 145 MK & T 51% ... 50% 51% Mo Pac pfd ...106% ... 106 106 N Y Cen 152% 151% 152% 152 NY N H &H.. 51% 49% 50 51% No Pacific 91% 91% 91% 92 Nor & W 188% ... 188% 187% Pere Marq .... .. 130% Pennsy 64% ... 64% 64% Reading 119% 118 % 118% 1.19 Southern Ry ..133 132% 133 133% Southern Pac ..119% 119% 119% 119% St Paul 16% ... 16% 16% St Paul pfd ... 32 ... 32 . 32% St L & § W..: 88% ... 88'/a 88% St L & S F U 4% 113% 113% 113% Union Pac 180% 179% 180% 179% Wabash 74% 74% 74% 75% Wabash pfd ... 97 ... 97 97% Rubbers — Alax 8 ... 8 8% Fisk ... ... 15 % Goodric h 55% ... 55% 55% Goodyear pfd ...115 ... 115 115 Kellv-Spg 23% ... 23% 23% U S RUbber ... 44% ... 43% 44% Equipments— Am Car & F.. 99% 99 99 99% Am Loco ......105% 104% 104% 105% Am Stl Fd 52% 50% 51% 50 Bald Loco 248 245% 248 248 Gen Elec 123% 122% 122% 123% Lima ... ... 65 N Y Air 8k... 45% ... 45% 44% Pres Stl Car 59% Pullman 188 188 188 186 Wsth A B 178 ... 178 179% Wsth Elec ...... 88% 86% 87% 87% BetWe'*?? 51 50% 50% 5074 Colo Fuel 9374 917a 92 92 Crucible 87% ... 8674 86% Gulf St Stl 50 Inland Stee) .... 53 51 53 51 Phil RC & 1.... 38% 38 38% 38 Rep steel 65% ... 65% 65% Sl-Shef 123 U S Steel 126% 12574 12674 125% Alloy 28 Vanadium 4974 4874 49 48 Am Bosch 19% 19% 19% 18% Charidler 19% 18% 19% 18% Chrysler 48% 48 74 48 % 48 Con Motors .... 10% 10% 10% 10% Dodge 1874 18% 18% 18% Gabriel 55% 53% 54% 5474 General Motors 2157a 212% 215 213% Hudson 847a 82% 8374 83% Hupp 1874 ... 18% 197'. Jordan 18% ... 18% 18% Mack 9874 97% 98% 9874 Mar Par 17% ... 1774 17% Moon ... 7 7 i Nash 68% 68% 68% 68% Packard 3574 35 35 35 Peerless 2574 ... 25 74 2574 Pierce Arr 1374 ... 13% 14 Studebaker ..... 52 5i% 5174 52% Stewart Warner 6374 ... 6374 63 Timken 114% 11274 114 114 Willys-Overland 1774 ... 177i 1774 White Motors .. 38% 38% 38% 38% Amer Smelt ....160% 15S 160% 158% Anaconda 44% ... 44% 44% Cer De Pas .... 60% ... 6074 60 Inspir t ... ... 1674 Int Nic 6174 ... 61 61% Kennec ......... 6474 64 64 64 Tex G & Sin..., 6674 66 6674 66% U S Smelt ....< 35’% 34% 35 4374 At°ReT 120 117 74 11974 118% Cal Pete 2474 2374 247a 2474 Freep Texas .... 73 70 74 7 3 71 Houston 16074 15474 15674 16074 Indpt Oil , 1974 Marland C 33 74 32 74 33 7 4 33% Mid C Pete ... 307 b 30% 30% 30% Pan-Am Pete B 5674 5574 55 74 57% Phil Pete 40 39 3974 40 Union Oil 42 ... 42 42 Pure Oil 2674 26% 267a 2674 R'y’l Dutch 4774 ... 47% 48% Shell 27 ... 27 27% Sinclair , 1674 Skelly 2674 ... 26% 26% S O of Cal ... 54 ... 54 537a SOof N J 377s 37% 37% 37% S Oof N Y... 3074 3074 30% 30% Texas Cos 4874 48% 4874 4874 Trans Pete 774 7% 774 7% Industrials— Adv Rumlv ... 13% ... 1374 137s Allis Chaim ...10874 ... 1087 a 108% Allied Chem ...15374 15i% 1527., 15274 Armour A 974 ... J>% 10 Amn Can .... 59% 58% 597* 60 Am H-L 10 % Am H-L pfd ... 6574 ... 6574 66 Am Safety R 45 Am Wool 19% 1974 19% 1974 Central L 16 Coco Cola 11774 ... 1177a 118 Cont Can 7374 72 73 71% Cert Prods ... 49 Dav Chem 31 3074 31 2974 Dupont 262 258'/a 259 258 Famous PI 9974 98% 98% 9974 Gen Asphlt ... 76 ... 75% 76% lot C Engr 46% 4574 46 46 Int Paper 5074 ... 50% 5074 Int Harv 184% 1,4 184% 184% May D Sta ... 73% ... 72 74 72% Mont Ward ... 6974 ... 68 74 69 Nat Lead 11374 ... 113 113% Owen Bot 81 ... 7974 81 Radio 60 74 5874 6 0 5874 Real Silk 33 ... 33 32% Rem Type 45 .. 4474 44% Sears-Roeb 6374 63 % 63% 6374 United Drug 17074 170 17074 170 Univ Pipe ... ... 3074 U S C I P 233 ... 231 23474 USIn A1 83% 81% 82% 83% Woolworth 15074 ... 14974 15074 Utilities— Amer TANARUS& T ....166% 165% 166% 16674 Amer Express ... .. 141 Amer W W 92 74 ... 9 2 92 Brklyn Man 58% ... 5874 5874 Col Gs &El .... 9374 93% 9374 9 3’4 Cons Gas 107% 10674 10774' 10774 Interboro 3674 Nor Amer Cos ... 4974 47 % 497a 48 Peoples G 142% Phila Cos 1057a Std Gas &El ... 62% 6174 62 62% West Union ....165 ... 165 165 Shipping— Am In Corp... 52% ... 5274 5274 Am S & C 474 4% 474 474 Atlantic G 3774 In M Mpfd 4774 ... 47% 48>4 United Fr 133% ... 132% 134% Foods— Am Sugar 8974 ... 89 89 A B Sugar 19% Austin N ..... 474 ... 4% 474 Beech N.... ... ... 57 Calif Pkg 64% Corn Prods ... 66% 5574 56 56 Cuba C pfd ... 36% ... 36% 37 Cuba A Sug 23% Fleischmann ... 60% 59% 60 59% Jewel Tea 6174 Nat Biscuit 13374 ... 13374 134% Punta Ale 3874 Postum 10574 105% 10574 10074 Ward Bk 8.. .. 24% ... 24% 25 Tobaccos— Amer Sumat ... 60% 60 6074 60 Amer Tob 139% 138 139% 137% Amet T B 139% 137% 139% 137% Cons Cigars 8574 8474 8 5 85 Gen Cigars .... 7074 6974 7074 70 Liggett 12074 .... 12074 120% Lorillard 41 3774 4074 3774 R J Reyn 137 ... 136% 13674 Sob P B 10 101% n Cig Str 90 ... 90 90 Schulte R S .... 5274 ... 52 52 Building Permits • Paul Kerr, garage, 1062-64 Roache, $250. Quinn & McCoy, dwelling and garage. 19-21 Palmer. $6,000. Smith Agricultural chemical Company, shed, 1850 Kentucky. $1,850. Southern Building Company, furnace, 321 Kenyon. $217. Southern Building Company, furnace. 321 1105 N. Euclid. $207. H. W. Franke, furnace. 25 N. Audubon Rd„ $314. Holloway Building Company, furnace, 5835 E. Michigan, $464. Waddy & Springer, furnace. 4833 College, $414. Bridges <fc Graves, furnace, 5609 Broadway. $464. William Hunt, furnace, 970 North Pershing. $227. „ Frank R. McGuire, furnace, 1525 Spruce. S3OO. Loomis, furnace, 909 N. Gray, $4 W. H. Riley, furnace, 2721 Boulevard Pl„ W. V. Balay, furnace, 850 N. Tempfe, Florence E. Thornton, alteration, 248 8. Illinois. $695. Lensman, dwelling, 2021 Barth, Thomas Collins, addition, 1909 S. Keystone, S7OO. $250 erbert Meyer- Barßge - 41 66 Guilford, S6O0 hn G ' McKay ’ addltion - 310 N. Euclid, SSSO' W ’ Christy ’ dwellln 6- 884 W. Walnut. Frank Helmuth. dwelling and garage. 221 N. Jefferson. $4,300. Wesley Ryan, porch. 1918-18 College, S6OO. Leo Faulhaber, hot water plant. 1135 Pleasant, S3OO. $250 arry Cohen - Barage - 40 ‘ 42 N - Belmont. K. A - Sthnehouse. dwelling and garage. 838 N. Drexel. $3,650. J. C. Moore, garafle, 309 W. Seventeenth. S3OO. M oore, garage. 309 W. Sevenss,ooo. C. D. Burton, repair. 2424 College, SBOO. „ J. H. Edwards, adition, 3423 W. North S2OO. Ida Pike, dwelling and garage, 5601 Central. $6,500. Arthur Baynhana. foundation. 3541 N. Meridian, $6,000. C. J. Hoffman, dwelling and garage, 5814 N. New Jersey. $6,100. Farmers in Session Bu Times Special ANDERSON, Ind., July 21.—Sev-enty-five farmers from eight counties of the Sixth District are here today at a district farm bureau meeting.

STRONG TO 15 CENTS HIGHER GENERAL TONE Some Hogs Steady to Up 25 Cents-other Livestock About Steady. —Hog Prices Range— July Bulk. Top. Receipts. 14. 9.60010.60 10.60 8.000 15. 9.60010.60 10.65 8,000 16. [email protected] 10.40 6,000 18. 9.25®10.60 10.65 4.000 19. 9.50® 10.70 10.75 6.500 20. 9.65® 10.75 10.85 7,500 21. 10.25® 11.00 The Indianapolis hog market was generally 10 to 15 cents on the hundredweight above Wednesday’s average. Prices ranged from steady on some grades to 25 cents up oij other material. Trade on weights upward from 225 pounds was erratic. The fresh run contained about 6,500 porkers and 588 holdovers were offered with these. The top went to sll, an advance of 15 cents above the previous mark. Most sales were at $10.25@11. Trade at Chicago was around steady, not bringing more than $10.75. Hog Price Range Bulk quotations were: 160-215 pounds, $10.65@11; 215-225 pounds, @10.65; 250-275 pounds, slo@ 10.25, and 275 pounds up. $9 @lO. Pigs were $9.50 down and packing sows, [email protected]. Cattle remained steady, with receipts near 600. Beef steers sold at $10.50@ 12.50; beef cows, [email protected]; low cutters and cutter cows, $4.25 @ 5.50, and bulk stock and feeder steers, $7.25 @8.50. Market Same A steady tone prevailed in calf trade. The bulk sold around $13.50, some odd head bringing sl4. Receipts were about 600. The sheep and lamb market was unchanged. Top fat lambs were sl3; bulk fat lambs, $12@>12.75; bulk cull lambs. $8 @lO, and fat lambs, $5 @6.50. Estimated receipts were 700. —Hoc*— Receipts. 6,500; iharket strong to higher. 90-130 lbs $8.50® 9.50 130-160 lbs 9.50® 10.75 160-200 lbs 10,754/11.00 200-250 lbs 10.00® 10.85 250 lbs. up [email protected] • -CattleReceipts, 600; market steady. Beef steers $10.50012.50 Bulk stock and feeder steers.. 7.25® 8.50 Beef cows 6 25® 8.25 Low cutters and cutter cows.. 4.25® 5.50 —Calves— Receipts. 600; market steady. Best vealers $13.00® 14.00 Heavy calves 6.0009.00 —Sheep and Lambs — Receipts. 700; market steady. Tod fat lambs $13.00 Bulk fat lambs 12.00® 12.75 Bulk cull lambs 8.00010.00 Fat ewes 1 5.00@ 6.50 Other Livestock *• Bu United Press CHICAGO, July 21.—Hoes (soft or oily hogs and roasting pigs excluded)—Receipts 30,000; market, uneven, 10®15c lower; heavyweight. 250-350 lbs. medium to choice. [email protected]’ medium weight. 200-250 lbs., medium to choice. $9,354/10.75; lightweight, 160-200 lbs., common to choice. $10.80; light lights, 130-160 lbs., common to choice. $94/10.35; packing sows, smooth ar.d rough $7 754/8.50; slaughter pigs. 90-130 lbs., medium to choice. $8.350 9.50. Slaughter cattle and calves—Steers. 1,500 lbs. up, good and choice. $12.25014.25; steers, 1,100-1,500 lbs., choice. $134114.25; rood. sll4/113.75; steers 1.100 lbs. down, cnoice. $12,504/ 13.50; good. $10013; medium 53.504z.1l 50; common. $6.7508.75: light yearling steers and heifers, good and choice, 850 lbs. up. $8,504/13: common and medium, all weights. $6.75®9.25.| Cows— Good and choice. $6,504/ 9 50; common and medium. [email protected]; low cutter, $4,754/ 5.75; calves medium to choice, $7.75®’ 9.75: vealers, cull to choice, $7; feeder and stock cattle, steers, common to choice. $6 5009.50. Slaughter sheep and lambs—cull and common, all weights. $8,754/ 12; ewes, medium tt> choice. $44f7: cull and common. $1.50415: feeding lambs: range stock, feeding lambs medium to choice, $11.50® 13 75.

By Times Special LOUISVILLE. July 21.—Hogs—Receipts, I, market, steady to 15c higher: tops. $10.65. Cattle —Receipts. 200; market, steady. Calves—Receipts. 200: market, steady; good to choice. $10.50012; medium to good $9010.50; outs, $8.50 down. Sheep—Receipts. 1,200; market, steady to 25c higher: mixed lambs. $12.75: ewes and wethers, sl3 25; seconds, $8.50; sheep, [email protected]. i Bu United Press CLEVELAND, July 21.—Hogs—Receipts. 2,000; market, steady to 15c up; 250-350 lbs.. $9.25010.15; 200-350 lbs., $10.15® 11. 160-200 lbs.. $11.15; 130-160 lbs., $10.75011.15; 90-130 lbs., $10.50/./ 10.75; packing sows. [email protected]. Cattle—Receipts, 600; calves receipts, 200; market 25c down: beef steers, SBO 10; beef cows. $5.500 7.50; low cutter and cutter cows, $4 05; vealers, $13®15. Sheep—Receipts. 400; market, steady; top fat lambs, $14.25; bulk fat lambs, $13.50 0 14: bulk cull lambs, $9.50012; bulk fat ewes. $3.5005.50. By United Press EAST BUFFALO, July 21.—Hogs—Receipts, 1,500: holdovers, 1,317; market, steady; 250-350 lbs., $9.150 10.60 ; 200-250 lbs., '$10.40011.15; 160-200 lbs.. $11011.25; 130-160 lbs.. $10.90011.15; 90-130 lbs.. $10.75011; packing sows, $7.7508.25. Cattle—Receipts, 300; calves receipts, 200: market, 25c lower; calves, steady; beef steers, $9.25; vealers. $14.50 0 15. SheepReceipts, 200; market, 50c lower bulk fat lambs, sl4; bulk cull lambs, $10.50012; bulk fat ewes, ss@7. By United Press TOLEDO, July 21.—Hogs—Receipts. 450; market, steady to strong; heavies, $909.25; mediums. $10010.50: Yorkers, $10.75®11; good pigs, $10010.25. Cattle—Light; market steady. Sheep—Light; market, slow. By United Press EAST ST. LOUIS, July 21.—Hogs-a-Re-ceipts, 3,500: holdovers. 2,460; market 5® 10c up; 250-350 lb., $8.90010.10; 200-250 lb., $9.85010.85; 160-200 lb., $9.60010.90; 130-180 lb.. $9010.90; 90-130 lb.. $8.50® 9.50; packing sows, $7.50018.25. Cattle Receipts, 2,500; calves, receipts 1,200; market, native steers about steady; beef steers, $9.25® 11.50; light yearling steers and heifers. $8.50010.75; beef cows, $6.25® 7.25; low cutter and cutter cows. $4.2505; vealers, sl3; heavy cklves, [email protected]; bulk stock and feeder steers, [email protected]. Sheep—Receipts, 2,500; market, lambs 25c up. sheep steady; top fat lambs, sl3; bulk fat lambs, sl3; bulk cull lambs, $8.50; bulk fat ewes, $4.500 5.50. By United Press PITTSBURGH. July 21.—Hogs—Receipts, 800; market about steady; 250-350 lbs.. $9.50010; 200-250 lbs.. SIOO 10.75; 160-200 lbs.. $10.75®11.60; 130-160 lbs. $10,250) 10.75; 90-130 lbs.. $lO 25010.50; packing sows, $7.50 08. Cattle—Receipts, none. Calves—Receipts, 400; market, very dull and steady; beef steers $10.25///12.60; vealers, $14®15. Sheep—Receipts, 100: market, steady to weak; top fat lambs, sl4; bulk cull lambs, $8010.50, RAZOR SLASH SERIOUS Man in Critical Condition From Self-Inflicted Wound. Charles Kelly, 73, of 1211 Madison Ave., who slashed his throat with a razor Wednesday afternoon is in a serious condition in city hospital. When the emergency squad under Sergt. Deeter reached his side, Kelly kept murmuring, “I don’t know why I did it, I don’t know why I did it.” He had made his home with a daughter, Mrs. Jennie Broz. Just before he stepped into the backyard he called to another daughter, Mrs. Mamie Williams, 1119 Charles St., who was visiting him: “Good-by, Babe.” Mrs. Williams told police that her father had been despondent for more than a week. He had carried the razor around with him all day, she said. x.-

THE INDIANAPOLIS TIMES

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, July 21.—1n the last half hour yesterday traders began to sell on the theory that the hot weather In Texas would travel fast and tend to check the weevil. The market resisted the pressure and at the close looked as strong as ever. The crop is not apt to improve from now on and the August condition report will probably be less than fifteen million. The trade will call that bullish. FARMER GETS 5 PER CENT LESS Gross Income This Year Drops Below Last. Bu United Press WASHINGTON,* July 21.—Farmers had a gross income of $12,080,000,000 for the crop year ended June 30. a decrease of 5 per cent from the previous year, the Agriculture Department anngunced. The decline was attribuetd to lower cotton prices and smaller returns on feed grains, apples and potatoes. The net income of farmers was placed at $2,440,000,000 after deducting expenses, compared with $3,082,000,000 in 1926. Expenses of production increased only 2 per cent while the net income decreased about 20 per cent. Os the gross income $9,549,000,000, was computed as cash income from sales and $2,531,000,000 the value of food and fuel consumed on farms. Cash from sales included $3,754,000,000 for dairy and poultry products; $2,892,000,000 for meat animals; $1,511,000,000 f<?r fruits and vegetables; $1,686,000,000 for grains and $1,291,000,000 for cotton and cotton seed.

Commission Row

PRICE TO RETAILERS FRUITS Apples Box apples—Wlnesap, $3.50. Barrel apples—Ben Davis. S3. Basket apples <4O lbs.), Ben Davis, $1.50. New apples—Transparents. 40 lbs.. s3@4: Duchess. $3.50. Apricots—California. $2 crate. Bananas—4@sc lb. Cantaloupe—California, jumbo crates. $3.50@4; standard crates. $3.50: flat crates. $1,504/1.75. Arkansas Cantaloupes —Standard crate, $34/3.25: flat crate, $1.35 @1.30. Cherries—California, $5.25 (15 lbs.). Grapes—California. $5 crate. Grapefruit.—California. $4.50 crate. Houeydew Melons—s2.2s crate. Lemons—California. s9® 10. Limes—California. $3 per hundred. Oranges—California Valcenclas. crate, $4 ©7.50. Peaches —Georgia Elbertas, $3 bu. Pears—California. $5.50 box. Pineapples—Cuban. $34/3.50. Plums—California. $2 254/2.50 crate. Raspberries—Black. 24 pts.. $303.25; red. $4. Watermelons—Georgia, average 30 lbs., 650 85c. VEGETABLES Beans—Greet, $3.50. Beets—H. G.. 35c dor. Cabbage—H. G., $2.50 bbl. Carrotts—H. G., 40c doz.; bulk. $2 bu. Cauliflower—H. G., $2.25 crate. Celery—Michigan, Highball, $1.25 crate; 50c bunch. Corn—Kentucky. 45c doz. Cucumbers—Hothouse. $1.25 doz. Garlic—California. 20c lb. Kale—H. G.. 85c bu. Lettuce—California head. $5.50 crate; H. G. leaf, 15 lbs., $1.25. Mangoes—Louisiana, $2 hamper. Onions—Yellow, 100 lbs.. $3.50; Spanish, $2,504/ 2.75 crate; H. G. green. 45c doz.; H. G. white Bermuda, $3 bu. Parsley—H. G.. 50c dozen. Peas—H. 0.. $2.25 bu Potatoes —Virginia Cobblers. $4.75 bbl. Radishes—H. G.. white. 40050 c; red, 40 ® 50c; H. G. buttons. 75c dozen. Rhubarb—H. G.. 350 dozen. Sweet Potatoes—Hi ncy Halls, $1.50 a hamper; new Alabama. $2.25 hamper. Spinach—H. G.. $1.25 bu. Tomatoes —H. G. hothouse. 10 lbs.. $2.25, Indiana Climax. -20 lbs.. $3. Turnips—H. G., $1.75 bu. Chicago Commission Mart r ‘ Chicago/ Jufv ai.—Berries—Blackberries $1.50477.50 per 24 pts.: black raspberries. $24/ 2.23 per 24 pts.; blueberries. $34/ 3.75 per 16 qts.; gooseberries. $1,504/2 per 16 qts.: red raspberries. S2O 2.50 per 24 cits.; strawberries. 52.5003.75 per 16 qts. Green fruits Apples, sl4/2.50 per bu.; cantaloupes, $3©3.25 per crate; cherries. $2,254/2.50 per 16 qts.; grapes. 27%4/30c per basket: peaches. $2.2547 2.75 per bu.

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 42®45c. Butterfat—Local dealers. 39®40c. Eggs—Strictly fresh delivered at Indianapolis. 19®>20c dozen. Poultry (buying prices)—Hens, large breed, 18019 c; Leghorn hens. 15® 16c; old roosters, large, iO012c; Leghorns and small. 8010 c; broilar*. 1% ib. up. 24® 25c: Leghorns, black end small. 18®20c: turkeys. No. 1 young toms, 200 25c: No. 1 young hens, 20 0 25c; old toms. 15@20c; crooked breasted and fat, 10012 c; thin and poor. 11012 c: ducks, 12@13c; geese, 8010 c; guineas, 35c. By United Press CHICAGO. July 21.—Butter—Receipts, 10,134; creameries. 38037 c; standards. 39%c; firsts, 36%®37c; seconds. 34@35%c; extras, 40c. Eggs—Receipts. 8,452; ordinaries. 210 22c; firsts, 23@23%c; seconds, 194/19Vic; extras, 24024%c. Poultry—Receipts, 7 cars; fowls, 21c; springs, 23c; ducks, 17®20c: geese, 13®19c; turkeys, 20c; roosters, 15%c: broilers, 20c. Cheese —Twins, 22%®22%c; young Americas, 22%®23c. Potatoes—Arrivals 60, on track 213. in transit 414; Kansas and Missouri sacked Irish Cobblers, $1.6001.85, according to quality and condition. Sweet potatoes—sl.so® 2.25. By United Press CLEVELAND, July 21.—Butter—Extra In tubs. 42‘20 44%c; firsts. 39%® 40%c; seconds, 36%®37%c; packing stock, 28c. Eggs —Extras, 29c; extra firsts. 27c; firsts, 23 1 ?c; ordinaries. 22c. Poultry—Geese, 16 @18c; heavy broilers, 30@32c; ducks. 20® 22c; Leghorn broilers. 23®24c; roosters, 16 ® 17c; heavy fowls. 240 25c; Leghorns. 18 ®2oc: mediums, 24®25c. Potatoes—New Carolina Cobblers in barrels, $3.75: Virginia, $3.6503.75. MADISON IS SHIVERING Wednesday Set New Cold Record, as Mercury Fell to 52. By United Press MADISON, Wis., July 21.—Residents of Madison shivered in what officials assert is the coldest July 20 in the records of the Madison weather bureau. The thermometer registered 52 degrees, 1 degree colder than in 1912, when the mercury slipped to 53. The cold has retarded crop growth. New Line in Texas By United Press WASHINGTON, July 21.—The Interstate Commerce Commission today authorized the Waco, Beaumont, Trinity <fc Sabine Railway to construct an extension from Livingston (o Port Arthur, Texas, ninety-five miles, a five-mile branch line through Beaumont, and an extension from Weldon to Waco, 104 miles. Jump Into Sea Saves Flier By Pnited Pre CAGLIARI, Sardinia, July 21. Lieutenant Lippi, piloting a giant hydroplane from Elmas airport, saved his life by a parachute jump from the cockpit of his plane high over the sea when the motor refused to work.

WHEAT SLUMP LEADS OTHER GRAINS DOWN Lower Cereal Prices General When Pits Close at Chicago. Bu United Press CHICAGO, July 21.—Wheat took another slump late today on the Chicago Board of Trade and lower prices were general in all grain pits. Wheat showed early * strength after the opening due to reports of poor threshing returns in Kansas and Illinois and unconfirmed rust rumors from the spring wheat belt. Shortly before noon the buying strength exhausted itself and in the face of large country returns the market closed %@ % off. Southwestern markets were weaker, and low Liverpool cables aided in the fall here. The cash market was unchanged. Receipts were ninety-six cars. Com was strong early in a bullish atmosphere, but late weather reports indicated warmer weather over the belt with rains in lowa, the close was % @ off. Prices at one time in mid-season were well above Wednesday's close. The cash market slumped V> to 1 cent. Receipts were seventy-six cars. Oats were without feature, and the prices followed other grains, closing %@ % lower. Receipts were forty-one cars. The cash market was steady and unchanged. Provisions went lower. Chicago Grain Table WHEAT- “ JU ‘ y 21 “ prev July Low - Wl September .. 1.39% 1.37% L3B 1 39% CORN-’” 143,4 I ’ 4l5 * 142 115% July 9934 .9gii SS i: September .. 1.04% 1.03 1.03 1 04% July ....... .45 .44% .44’* 44% September .. .44% .43% .44 44% RYE " ”• ‘ 47 '" ' 46li - 4C,a :4T " Julv 1.06% ... 1.05% 1 083, September .. .96 .. 441, o?7 4 D< LARD r - ■ 9B: ’ 4 ,94S 9 ® 1 ‘ July 12.85 .... 1277 12 82 September .. 12.95 .... 12.87 12 92 °RIBS— ”■ 13 05 12 97 13 02 July M 2 40 September 12A0 Bn Timet Special ,„? HICAG 9- July 21—Carlots: Wheat, 103; corn, 88; oats, 35; rye, 2. Bu Timet Special CHICAGO. July 21.—Primary receipts Wheat. 1,880,000. against 3.141.000, corn 584.000, against 584,000; oats. 229 000 against 343,000. Shipments: Wheat 928 -i 000, against 916,000: corn. 724,000. against 358,006; oats, 216,000, against 734,000.

Local Wagon Wheat

Local grain elevators are paying $1.23 for No. 2 red wheal. Other graoes are purchased on their merits PLAN LANTERN FETE Brookside Civic League Is Arranging Frolic. Elaborate preparations for the annual feast of the lanterns are being made by the Brookside Civic League. Mrs. William Kunkle, president, announced the celebration will be July 29-30. The Brookside neighborhood for several blocks will “be alive with Japanese lanterns,’’ said Mrs. Kunkle. “We are decorating a larger territory this year and the celebration will be bigger in several other respects.” Mrs. Ross Zeigner, 2115 Nowland Ave., is chairman of the popular election conducted by Brookside merchants to select a “queen of the festival.” Following a parade at 4 p. m. the queen will be crowned in Spades Park. Rex Smith is arranging the parade. INDIANA ROTARY CLUBS - TO HOLD PARLEY HERE International President Will Be Guest in August. Indiana Rotary Clubs will hold a conference at the Claypool Aug. 22-23. International President Arthur H. Sapp, Huntington, Ind., and District Governor Charles O. Grafton, Muncie, will speak. The president and 'secretary of the fifty-eight Indiana clubs will attend. The visitors will be guests of the Indianapolis club Aug. 2b, when State members will be asked to attend the meeting in honor of Sapp, according to Wilbur T. Gruber, assistant secretary. GIDEONS CONVENE HERE International Convention Opens at City Church. The International conventibn of Gideons opened at 9 a. m. today in the Second Presbyterian church. Addresses of welcome were made by Oscar W. Riley, representing Indianapolis Gideon camp; Dr. Ernest N. Evans, representing the Church Federation of Indianapolis; and Dick Miller, Chamber of Commerce president. J. M. Averill, Topeka, Kan., international vice-president of the Gideons, made the response. EXPECTS MORE LIQUOR Terre Haute Police Chief Comments on Search Ruling. By Times Special TERRE HAUTE, Ind., July 21. Bootlegging will thrive here, Chief of Police John Smock believes as a result of the recent decision of the Ilndiana Supreme Court invalidating search warrants based only on belief. Nineteeen cases dismissed here in one day is the record since the decision was made.

HURRY EFFORT . TO BRING AIR MAIL SERVICE Glover Wires Washington to Advertise at Once for Bids. Hastening efforts to give Indianapolis an “air mail” line, W. Irving Glover, second assistant postmaster general, today announced he had wired his Washington office to immediately advertise for bids for a route through this city. The proposed route would be from Cincinnati to Chicago with Indianapolis the only stop. The bids are to be opened Aug. 18. Central Airways to Bid. Central Airways, Inc., will consider bidding on the route.. George T. Bryant, Airways representative, conferred today with Glover, who announced here Wednesday that he would seek bids on the contract. Indianapolis now has only indirect air mail service, through railroad connection with Chicago. Discuss Necessary Steps Bryant discussed the necessary steps to be taken before a firm can carry air mail and will present the information to Central Airways, Inc., directors early in August. Possibility of other air lines, operated by Central Airways, which hopes to set up commercial routes here in about thirty days, was discussed at the conference. Postmaster Robert H. Bryson also discussed the air mail possibilities of Indiai#polis with Glover.

TRIP MAY SPUR HOOVER’S BOOM South Reported Rallying to His Candidacy. By United Press RAPID CITY, S. D„ July 21. Carrying with him the appreciation of the South for the work he has done in Mississippi flood relief, Secretary of Commerce Herbert Hoover will set out tonight for a month's tour of the Pacific Qoast —the region which brought him forward as a presidential candidate during the last few years. Hoover, it is said, upon authority which cannot be disputed, has won many southern delegates by his work in the South. While that region usually has little to say about the election of Republican presidents, it has many votes in Republican Presidents, it has many votes in Republican national conventions and Hoover's increased popularity there has lent high political importance to his f&r western trip. Stories have been circulated from here that Hoover will resign after his flood relief work is over to enter actively into a contest against Mr. Coolidge for re-election. Such stories have not been circulated by Hoover’s friends, who contend that only his enemies could raise any question as to his loyalty to the chief executive. He himself told newspaper men that he consdered their questions regarding such a possibility as insulting. HAULED LIQUOR LOAD TO SUPPORT FAMILY Sentence Boosted From Ninety Days to Eighteen Months. Attempts to raise money for his family’s support, while he v served ninety days for liquor violation, cost Joe Wernke, 1931 Howard St., his liberty for the next eighteen months in Federal Court today. Judge Robert C. Baltzell set aside the ninety-day jail sentence, after hearing evidence, and sentenced Wernke to eighteen months at Leavenworth. When given the jail sentence last week, Wernke was granted a stay of sentence until Aug. 15. when he told Baltzell he wanted to “do some painting” to provide funds for his family. According to testimony, Wernke transported a load of liquor from Chicago to Indianapolis the next night. NAMES PROBATION HEAD Judge Collins Appoints Negro Pastor to New Post. The Rev. John L. Coleman, Negro, pastor of the St. Paul Presbyterian Church, today was appointed Criminal Court probation officer by Judge James A. Collins. He will take over the position Aug. 1. The place was created under the probation law enacted by the last Legislature. Coleman lives at 2655 Franklin PI. He has an A. B. degree from the Christian Bible College and a B. D. degree from the McCormick Theological Seminary. BID ON FLOOD PROJECT / Engineer Estimates White River Job Will Cost $700,640. The board of works Friday will receive bids on the White River flood prevention project estimated by the engineer to cost $700,640. The work will be done along the river between Morris and Raymond Sts. It includes changing and widening the channel and erection of levees and roadways. Contract for building the Morris St. bridge was let by the board some time ago, but the ordinance was disapproved at the last council meeting. The contract price of the bridge is $268,000.

Dog Days Over Watch dogs have outgrown their usefulness in the city in the opinion of Municipal Judge Paul Wetter. “Dogs were all right in cities years ago, but policemen have taken their places,” asserted Wetter in fining the owner of an alleged vicious dog which bit John Leejer, Jr., 5, of 502% S. East St. The dog bit the child on the arm, leaving a scar, testimony revealed.

BELIEVE BODY MISSINGMAN'S Authorities Note Resemblance to Tucker. Bu United Press GARY, Ind., July 21.—Positive belief that the body of a man found in underbrush near Gary last week was that of Franklin Tucker, missing Warsaw cigar store clerk, was expressed today by Kosciusko County authorities. f Their views were based on description of the body as received from Gary police. The corpse at Gary had no teeth; and Tucker used false teeth. Other significant details fitted together. The body has been buried at Gary, but Lake County authorities were requested to exhume it today. If the body proves to be that of Tucker, one weak link in the State’s case against three Elkhart men charged with murder would be strengthened—absence of the body, without which conviction would be impossible. The three men. Vern Martin, Martin Ross and John Baumgartner, are to go to trial soon, accused of killing Tucker to obtain $4,500 he carried on his person. Tucker disappeared Jan. 3. Lakes around Warsaw were dragged without success

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AMUSEMENTS jjT'PALACE ba ijvAuot.vu.Lt - THE BEST - photoplays | Uontinuou* 1 to II r. 31. , GERBER’S JESTERS (A UI'GITII RK.VI B) WITH HARRY SEYMOUR LOUISE HART & CO. JACK THE GIANT KILLER l r-TO-I>ATF. OTHER BIG ACTS PHOTOPLAY< "SOMEWHERE IN SONORA" Featuring Ken Maynard sjggpi VAUDEVILLE STARTS 2:00—1:20—7:00 and 9:20 O’CLOCK Revue Comique INTERNATIONAL DANCES HARRY WILSON A ARDELL WELCH ALLAN SHAW SeS ridge r ® v c u ° e medy N „°™ HOWARD A ODEN EGOS" I SCHENK DUO SPECIAL ADDED FEATURE PERSONAL APPEARANCE ART MIX Popular Cowboy Motion Picture Star I Dally pipe organ recital by I.cuter Huff start h 12:40 noon. Doors open 12:30. I kl 4 I I I Ski NOWf STUART VfcLKCR COMRUff' Eugene Powers |i ion ¥L, George Gaul ALIAO I 116 DEACON SCO MONDAY SEATS NOV, nc* Os ALL Mtvrerr > anoAOWAV / /'Am Wf \ BUCCC9 *’ SB ENGLISH’S ALL THIS WEEK ROBERT ST. CLAIR’S PREMIERE PRESENTATION “THE UN-NAMED” MYSTERY COMEDY , ' Thrllla—Chills—Mystery MAT. WED.. THURS., SAT., 2:15 . NIGHTLY 8:16 C 1 AA * o,d award for Title given JIUU away Tuea.. July 26th. Next Week, “Love ’Em and Leave ’Em

JULY 21, .1927

SPIRITUALISTS PLAN LARGER 1 INDIANA CAMP, College May Be Established at Center Near Anderson. By. Times Special ANDERSON. Ind., July 21. Camp Chesterfield, near here, for thirty-six years one of the national centers of Spiritualist activities., has a program of expansion under consideration according to Dr. Myron H. Post, president of the board of of Spiritualists. trustees of the Indiana Association Establishment .of a college Is included In the tentative plans which also contemplate construction of an auditorium replacing the present frame structure and the building of a hotel. The six weeks summer session is now under way at the camp. Miss Lina Schanbacker is this week’s lecturer. Dr. Alex J. Mclvor TyflA* dall, Buffalo, N. Y„ will begin a week’s series of lectures Sunday. Twin's Bodies Found Bu Times Special _ , EVANSVILLE. Ind., July 21. Bodies of Armand and Arvln Smith, 13. twins, drowned while bathing in Pigeon Creek near here, have been recovered. I NIOTION FICTURES

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