Indianapolis Times, Volume 39, Number 72, Indianapolis, Marion County, 3 August 1927 — Page 12

PAGE 12

REACTION HITS LIST: RECOVERY SOONJOLLOWS President Coolidge’s Announcement Causes Unsteadiness.

Average Stock Prices

Average of twenty industrial! Tuesday was 185.55, up 1.34, new high. Average of twenty rails was 142.97, up .50, new high. Average of forty bonds was 97.28, off .04. BULLETIN By United Press NEW YORK, Aug. 3.—Loans to members of the stock exchange at the close of business July 31 totaled $3,641,695,290, anew high record, the exchange reported today. This figure compared with $3,568,966,843 on June 30 and $2,997,759,927 on July 31, 1926. The previous high record was made on June 30, 1927, at $3,568,966,843. By United Press NEW YORK, Aug. 3.—Wall Street’s interest at the opening was centered on the market’s condition to President Coolidge’s unexpected announcement he did not choose to be a candidate for re-election. This statement found the general list in a vulnerable position as a result of sweeping advances over the last several weeks and prices broke badly in early dealings. General Motors, Steel, Westinghouse Electric and other industrial leaders experienced breaks running up to 7 points. However, General Motors quickly snapped back to 22614, up 5 points from opening levels, while Steel recovered more than a point to 135% and other active issues rallied proportionately. Many Sales Trading was exceptionally heavy, sales from 10 to 10:30 a. m. totaling 504,600 shares or at the rate of over five million shares for a fivehour day. The recovery after the first wave of selling was pronounced and prices steadily gained during the remainder of the first hour. Du Pont, which opened at 280, off 15% points, recovered to 297. General Motors sold up to 227, a gain of five points from the opening, while United States Steel rebounded 2% points from the opening to 137. After maintaining a furious pace through the morning, trading slowed down around noon. The tape which ran about fifteen minutes behind the market during the first two hours was fairly well abreast of current transactions around 12:30 p. m. However, the general list lost the confident tone displayed on the recovery from the opening break. Politics in Market Selling cropped out in various departments and price movements as a whole reflected considerable un-ce-tainty. In banking circles, the view prevailed that President Coolidge’s statement, whether it eliminated him as a candidate or not, has injected politics into the stock market situation several months earlier than usual. Moreover, it came upon the general list at a time when it had experienced a perpendicular advance over a period of six weeks, naturally reducing its resistance to unfavorable developments. Another feature of the situation to which the bankers gave thought was the possibility that the hesitation created by a presidential contest would have a restraining influence on new business ventures. It was recalled that years in which National political campaigns occurred were almost invariably periods of extreme conservatism. “To the extent that trade, commerce and finance are better organized than ever before,” said Homblower & Weeks in this connection, “it is assuring to realize that business is well prepared to withstand this particular event and its consequences. But anything which tends to create uncertainty in the mind of the typical American business man, diminishes confidence in the future, hurts sentiment and restricts business enterprise as well as speculative activity."

Banks and Exchange

INDIANAPOLIS STATEMENT Loc*l bank clearings today were $4,803,000; debits, $7,996,000. NEW YORK STATEMENT Rh United Press NEW YORK, Aug. 3:—Bank clearings. <1. 022.000.000; clearing house balance, $109,000,000. FOREIGN EXCHANGE Ru United Press NEW YORK, Aug. 3.—Foreign exchange closed higher. Demand sterling. $4.85 5-16, up .00 l-32c; francs, 3.91*80; lira, 5.43 3 4c, up .00 Vic; belga. 13.89 c; marks, 23.77 c; Montreal, 99.84375 c; Swiss, 1927 Vic. up 01V4c; Holland, 40.05 c, up .01c; Spain, 17.01 C, off .02c; Norway, 25.82 c. AGED PLANE CRASHES; FLIER FIGHTS DEATH Fight on Unlicensed Flying Goes On in Chicago Area. . By United Press ELGIN, HI., Aug. 3.—While officials of the Chicago area were working to prevent unlicensed aviators from flying in the territory, Frank Mcßrien, 23, was fighting for his life here. Mcßrien, flying an aged airplane, fell 100 feet into a cornfield yesterday, sustaining fractured arms, legs and vertebrae, and suffering internal injuries. Mcßrien is the eighth victim of five plane crashes in the last ten days. The death toll stands at seven. Purdue Man Chosen By Times Special LAFAYETTE, Ind., Aug. 3. Roger T. Taylor, Purdue University graduate in 1904 and who formerly lived at West Lafayette, has been appointed division superintendent of the Great Northern Railroad at Glendive, Mont.

New York Stocks ii By Thomson * McKinnon

—August 3 A “ & w - V- mv: Atlj&rt Urns’”: 199.4 199% 201 Can Pacific .-191 190 191 193 yg is* iff* Sef&Hud:::.,2i3>/ a 211% 213 215 S&*..^ C ! C . '63.4 *62*4 63% 64V. Erie Ist pfd .... 63% 62% 63,? 64% | . ; I? g & € % ?? 0 Y p c c en p t"r::::l5l ig* Ig* NY NH & H ... 50% 50 50 4 51 v/\• Dopific .. 93Vk 94 5 /a 95/2 Nor & W fl e C st".:::i9o% 190 190% 191 % % g}J go e u a &Ry*::: ; * % gag Southern Pacific. 124 Mi 12V/2 123 /a *24/8 it Paul Ik ::: 31% It L & S S F W . ‘.190% iß7>4 189% 192% Union Pacific” ”190% 187% 189% 192% Wabash 73% 71 73 72% Wabash pfd M 0 Rubbers— oa/ 0 07/. $ s a k x ;v- !? ill 16% 17% Goodrich””..... 65-4 63 % 65% 68 .:: 23% ’22% ‘23% g" U S Rubber ..... 49% 48% 49 4 49% Am q c , & e p t *“..lol 100 101 101% Amer Loco 1...105% ... 104% 105% Am Stl Fd 55 53% 54% 55/. Baldw Loco ....247>4 244% 247 250 Gen Elec 129 125% 128% 130 . n’t 3, Air Bk 7*7. 44% -ii 44% 45 Pullman C ! r .,::V.153 152% 151% Wsth A B I Z2i/ l V7i/ m Wsth Elec 4 4s**. 87 81 86 Ya 87 V* Bemfr. 54% 53 54 55% Colo Fuel ...... 87 ... 86y a 88 Crucible ........ 93 91 92 as 4 Gulf St Stl .... 48 ... 48 50% Inland Stl 54 53% 54 54 4 Phil R C & 1,. 37% 37% 37% 38% Rep Stl 67>2 ... 67*4 68% qi.c-hef . .. 125 H U S Steel”;;:”. 137 134% 136 137% Vanldlum”:r. 49 48% 49% A xr.. % „. 19% ... I'9 m ChryAle* 1 .WW” stl ’52% % % Con Mo ....... 11% ••• H% Gabriel ........ 53% 52% 52% 53% Gen MO 227% 221% 227 229 Hudson 89% 87 89 90% n ........ 17Va ... 17 Va 17% Mack .!”":;i.103 101% 102% 103% Mar Par 18 Nash ‘"V.’.V.V. 76% ‘73 75% 74% Packard 37 36% 36% 37% Peerless 25% 25 25% 26 Pierce Ar •••••• 12 5 /s ••• 12 5 -b 13*4 Studebkr ...... 53% 52% 534 53% Stew War ..... 64% 63% 63% 64% Timken ....142'4 132 141% Willys-O 17>4 ... 17% 17% White Mo 37% ... 37% 37% Cer aC D n e d pas””: 61% 6? 1% WiC-V.V.V.V. 66% -64% es Tex n G° &'Su'l'”. 66% 65% 65',2 66% U S Sm 37 37 37 37% At°ReT 120% 118 Vb 118% 120% Cal Pete 23% 23% 23% 23% Freep Tex 74% 73% 74 75 >4 United Drug ...175 172 175 177 Houston 156 148% 156 157 Indpt Oil 20 19% 20 20 Marland C 33% 32% 33% 32% Mid C Pete .... 30% 30 30% 30% p-Am P (8).... 54% 54*4 54% 54% phn pete 42 40% 42% 41% Union Oil 42% 42% 42% 42 ,4 Pure Oil ....... 27% 27 27 27% Royal Dutch .... 45% 45‘A 45% 45% Shell 26% ... 26% 27% Sinclair 16>4 ... 16V* 16% Skelly 26% ... 26% 26% SO of Cal 54% ... 54% 54% SOof N J 37% ... 37% 37% SOof N Y 30% 30% 30% 30% Texas Cos 48% 48 48% 48 a Trans Pete .... 9 8% 9 8 4 Adv Rumely ~..12% ... 12/ Allis Chaim •■ • • 108 ... 108 109 Allied Chem I”. 158% 156 158% 160 Armour (A) .... 9% ••• 9,b 9% Amer Can 60*4 59% 60% 61% Am H L JO Am Saflt y P R.V.. , 46% '46% '46% 47% Am Woolen ... 20% ... 2014 22, s Cos?o r Cola ”.V.1i7% i17% 117% Cont Can 75% 75*4 75% 77 Cert Prods ... ••• 52 v )q v Chem . , 31 •• • 31 3174 Dupont ..... 298 285 290% 295% Famous Players . 94% 92’% 94 93% Gen Asphalt .... 72 ... Tl/4 74 Int C Engr .... 48 47*4 47% 48% Int Paper 54% 52% 53% 54% 7r t Harv 192 191 192 195% Miy D Stores.. 74 71% 74 74% Mont Ward 71 6814 71 68 A Nat Lead 113% ... 113% Owen Bot ...... 79% ... 79% 79 4* Radio 59% 57*/a 59% 59/4 Real Silk 32 31% 32 31% Rem Type 43% 42% 43 43% Sears-Roeb .... 60% 6o 67% 67 4 Univ Pipe 30% 29% 30% 30% U S C I P 228*4 222% 222% 229% USIn A1 79 Vi 78 8 7 s Woolixrth .....160 159 159 161% Amer li T C |TT ...168% 167% 168 168% Amer Express ..... ... ••• 146 Amer W W 94 ... 94 94 Brklyn Man .... 53% ... -a;,, §?/? Col Gs &El .... 95% 94 95% 95% Cons Gas 111% 110 111 111 % Interboro •• ~ “7 Nor Amer Cos .. 50 49% 49% 50 Peoples G 147 ... 147 149 Phila Cos 105*4 Std Gas and El. 61% 61% 61% 62% West Union 163*4 163 3 63*4 165 AmerTn Corp... 51*4 50 7 /. 51% 51% Amer S & C 4 Atlantic G , ... .-a 36% Int M M pfd.... 42% ... 42 42% United Fruit ...135% 137% Foods— Amer Sugar .... 86% ... 86% 88 A B Sugar • 19% Austin N 7 ... 7 7 Beech N , 50*4 Cal Pkg 65*4 64 64 % 64% Corn Prods 55*4 54% 55% 53% Cuba C pfd 35 4 Cuba A Sug ’ .... 22*4 Fleischmann .... 59*4 58% 59*4 60 Jewel Tea 60 ... 60 60*4 Nat Biscuit ... 133*4 132% 132% 133% Punta Ale 35% ... 35% 35% Postum 109*2 107% 109 109 Ward Bk B .... 24*4 ... 24% 24% Tobaocos— Amer Suma .... 60*4 60% 61*4 62 Am Tob 144% 144 144*4 146 Amer T (B) 144% 141% 144% 145*4 Cons Cigars .... 82 81% 82 83 Gen Cigars .... 68*4 ... 68 68% Liggett 116% 116*4 116% 117 Lorulard 40% 39*4 40% 40*4 R J Rev ..135% 134*4 135*4 134% Tob P iB) 102 ... 101% 102% Schufte S R r s 5 .”.'54 '53 - 53<4 54% LEVINE’S PLANS FOR RETURN FLIGHT FLOP French Pilot Accuses American of Bad Faith. PARIS, Aug. 3.—Accusations of bad faith today marred the plans of Charles A. Levine to return across the Atlantic in the Bellanca monoplane Columbia. Levine and Maurice Drouhin, engaged by the American to pilot the Bellanca, met yesterday in the presence of their lawyers and discussed their troubles for two hours. Drouhin was accompanied by his mechanician, Mathis, who also acts as his business manager. Both Frenchmen accused Levine of bad faith, alleging that he was delaying the flight which Drouhin said he is anxious to undertake at once. Mathis accused Levine of negotiating for an English pilot to replace Drouhin, to which Levine replied: “I can find a hundred pilots to replace Drouhin.” WOMAN, 80, LOST ARM Mrs. Sarah Mcßride, Ossian, Struck by Auto. By Times Special OSSIAN, Ind., Aug. 3.—Mrs. Sarah Mcßride, 80, is battling for life following the amputation of her right arm, injured when she was struck by an automobile. The car, driven by Paul Sterling, struck Mrs. Mcßride fn such manner that in falling her right hand caught on a door handle. Her arm was broken in three places and almost wrenched from the shoulder socket.

WEAKNESS IN HOGS CARRIES PRIGESLOWER Less Marked in Ovines — Calves Improve and Cattle Unchanged. —Hog Price Range— , . July Bulk. Top. Receipts. 27. [email protected] 11.15 6,500 28. [email protected] 11.10 6,500 29. 10.00f11.25 11.25 5,000 30. [email protected] 11.40 4,500 A l" - 10.00® 11.25 11.25 6.500 9.75® 11.00 li.oo 10,000 3. 9.50 @10.90 11.00 7,000 An unevenly weak tendency setover the Indianapolis hog market today. Although light hogs were little changed others were irregularly weak to 35 cents lower on the hundredweight. Weighty butchers were at the full decline. The drop here was more pronounced than at Chicago, where prices were generally steady to 10 cents lower. The greater weakness here placed quotations at the two markets at about the same level. The early top at Chicago was $10.90, with some material held at sll, which was the best price at the local stockyards. Most sales in this city were at $9.50@10. The fresh rim was estimated at 7,000. For a second day holdovers were large, 1,466. Hog Price Range General prices on porkers were: 160-216 pounds, $10.75® 11; 215-225 pounds, $10.25 @ 10.75; 225-250 pounds, $9.50® 10.25; 250-300 pounds, [email protected], and 300 pounds up, $8.50® 9. Pigs - went at $9.25 down and packing sows at $7.25®8. The cattle market continued generally steady. Beef steers sold at $10.25® 14; beef cows, $6.50®8.50; low cutters and cutter cows, $4.25® 5.50, and bulk stock and feeder steers, $7.25® 8.25. Receipts amounted to about 1,300. Another Boost An improvement was seen in the i tone of the calf market. It was strong to 50 cents higher Most material sold at sl4 down, best vealers maintaining a top of $14.50. Eight hundred head arrived. Little was done in the sheep and lamb department, where 1,300 ovines were received. The market turned slightly weak. Top fat lambs brought sl3; bulk fat lambs, sl2® 12.50; bulk cull lambs, $7.50® 8.10, and fat ewes, $5 @6.50. —Hogs— Receipts, 7,000; market-steady to lower. 90-130 lbs * 8.25® 9.25 120-160 lbs So [email protected] 160-200 lbs 10.504) 11.00 200-250 lbs 9.50® 10.90 250 lbs. up 8.50® 9.75 Cattle— Receipts, 1,300: market steady. Beef steers [email protected] Bulk stock and feeder steers.. 7.25® 8.25 Beef cows 6.50® 8.50 Low cutters and cutter cows.. 4.25® 5.50 —Calves— Receipts, 800; market higher. Best vealers $13.50014.50 Heavy calves [email protected] —Sheep and Lambs— Receipts, 1,300; market weak. Top fat lambs $13.00 Bulk fat lambs 12.00® 12.50 Bulk cull lambs 7.50 @IO.OO Fat ewes 5.00® 6.50

Other Livestock By United Press CHICAGO, Aug. 3.—Hogs (soft or oily hogs and roasting pigs excluded)—Receipts. 17,000; market, steady to 10c lover; heavyweight,/ 250-350 lbs,, medium to choice, [email protected]; mediumweight, 200-250 lbs., medium to choice. [email protected]; lightweight. 160-200 lbs., common to choice. $9.55® 10.90; light lights. 130-160 lbs., common to choice, $9.25@10: packing sows, smooth and rough, $7®8.25; slaughter pigs, 90-130 lbs., medium to choice. $8.75® 10.50. Slaughter cattle and calves—Steers. 1,500 lbs., up, good and choice. [email protected]; steers 1.100-1,500 lbs., choice. $13.25® 14.50; good, [email protected]; steers. 1,100 lbs. down, choice, $12.85@14; good. $10.75® 13.25; medium. $8,[email protected]; common. $7®8.75; light yearling steers and heifers, good and choice. 850 lbs. down. $10.75®13.50; heifers good an dchoice. 850 lbs. up. $8.50@12: common and medium, all weights, $6.75® 9.85; cows, good and choice, [email protected]; common and medium. [email protected]; low cutter to cutter. $4.50@5 50; calves, medium to choice, $7.75®10; vealers, cull to choice $7(0)14.75; feeder stock cattle steers, common to choice. [email protected]. Slaughter sheep and lambs, light and handywelght, 92 lbs. down, medium to choice, [email protected]; cull and common, all weights. [email protected]: ewes, medium to choice. [email protected]: cull and common. $1 50(05; feeding lambs (range stock) medium to choice. sll.SO@l3. By United Press CLEVELAND. Aug. 3.—Hogs—Receipts, 1.800; market, steady to 10c lower; 250-350 lbs... [email protected]; 200-250 lbs., [email protected]; 160-200 lbs.. $11.50(011.5; 130-TO) lbs . $11.50(011.65: 90-130 lbs.. $11.35(011.65; packing sows. $7.75(®8. Cattle—Receipts. 600; calves. 400: market, steady to 25c lower: beef steers, $8.25(010.25; beef cows, s6@B; low cutter and cutter cpws. $4 50® 5.50; vealers. $14@16. Sheep—Receipts, 700: market, slow: top fat lambs. sl3; bulk fat lambs. $12®13; bulk cull lambs $9(010.50; bulk fat ewes. s4@7.

By United Press PITTSBURGH. Aug. 3.—Hogs—Receipts. I. market, fairly active, mostly 25c down; 250-350 lbs.. $9.75010.75; 200-250 lbs.. $10.75(011.25; 160-200 lbs, $11.25® 11. 130-160 lbs., sll® 11.25; 90-130 lbs., $10.90® 11; packing sows. $7.50(08. CattleReceipts. none: calves. 200; market, steady: beef steers, $10.50®12.15 vealers, sl3 50® 15.50. Sheep—Receipts, 700; market, lower; top fat lambs, $13.75; bulk cull lambs, $8 (010.50, By United Press EAST BUFFALO. Aug. 3.—Hogs—Receipts, 2,000: holdovers, 2,325; market, steady to 25c down: 250-350 lbs.. $9(010,65; 200-250 lbs.. $lO 254/11.40: 160-200 lbs., $11.25®11.65: 130-160 lbs.. $11.15(011.50; 90130 lbs.. [email protected]; packing sows,, $7.75® 8.25. Cattle—Receipts, 100; calves, 150; market, steady; calves. 50c up; vealers, sls® 15.50 Sheep—Receipts, 600; market, slow, steady; bulk fat lambs, sl4; bulk cull lambs, $10(011: bulk fat ewes, $5.50 @7. By Times Special LOUISVILLE. Aug. 3.—Hogs—Receipts, 900; market. 10@25c lower; tops, $10.90. Cattle—Receipts, 100; market, steady. Calves—Receipts. 200; market, steady; good to choice. $10.50(012.50: medium to good, $8.50010.50: outs, $8.50 down. Sheep— Receipts, 800; market. 50c higher; mixed lambs. $12.50; ewes and wethers, sl3; seconds, $8; sheep, [email protected].

Denies M. P. Purchase By United Press NEW YORK, Aug. 3.—Reports from St. Louis that Arthur Curtis James was planning to acquire Missouri Pacific holdings of Denver & Rio Grande Western Railroad stock were denied here by James. The report said James was seeking the stock in expectation of a merger of Denver & Rio Grande Western with Western Pacific to make a through route from Denver to the Pacific coast. Potomac Petters Need Lanterns WASHINGTON, Aug. 3. The Navigation Bureau of the Commerce Department has struck at petting parties on the Potomac. Hereafter all canoes and other small craft must carry lanterns, to avoid collision.

Local Wagon Wheat

Local grain elevators are paying $1.21 for No. 2 red wheat. Other grades are purchased on their merits.

THE INDIANAPOLIS TIMES /

President’s Act Political Irony ' in Business World

Sky of Domestic Prosperity Unclouded, Government Data Shows. . By Times Special WASHINGTON, Aug. 3.—President Coolidge’s decision not to run for a third term comes at a time when nary a cloud is shining in the sky of domestic prosperity, according to governmental data compiled today. It is one of the ironies of politics that Coolidge should select this particular period to announce, even though, as some think, in a rather vague manner, that he does not seek a renomination. In fact, the coincidence was so striking that the political experts, as opposed to the economic experts, were inclined to feel it was more than a chance happening. They hold that Coolidge does not intend his statement to be a renunciation so much as a trial balloon. The politicians pointed out that the President has shown no fatal weakness, politically, while the economists brought forward evidence to show that his greatest asset—national prosperity—has not doierted him. Depression Far Away It was pointed out that such barometers as Federal Reserve reports, Treasury data and Department of Commerce statistics show an optimistic trend in industry generally. Fears of a few months ago that a depression was waiting just around the corner have been dispelled in the minds of business and industrial and governmental experts. In some industries and in some sections of the country, it was admitted, conditions are soft and spotty, but there has been a stabilizing tendency in recent days. Even the farmers are getting higher prices for their crops. Those seeking a reason for the President’s sudden statement were unable to discover one in the country’s economic position. In fact, until today there has been considerable comment that the one development which might becloud this happy picture would come too late to affect Coolidge’s personal fortunes. That is the approach of the first year during which Germany must pay the full amount of reparations provided for in the Dawes plan. There has been some misgivings that Germany could not stand the strain of payfcig over $650,000,000 a year to the former allies. European Question But that situation is more than a year away, as Germany will not be called upon to make maximum payments until after Sept. 1, 1928. Should European developments result in a depression of international proportions, with the accompanying reaction in this country, it would not inju re Coolidge, for it would not be felt in America until six months later, at least. Had Coolidge remained silent and availed himself of his presidential machine, he might have been nominated again and re-elected before any possible kick-back from an European crisis could send his political stock below par. With these things in mind, both political and economic experts were inclined to skepticism over the finality of Coolidge’s announcement.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Aug. 3.—Very poor cables this morning and from the way the market looked In the last five minutes yesterday the longs still want to get out. Not much short selling. New lows reach stop-loss orders and the public cannot be expected to buy Just ahead of the Government report.

Commission Row

PRICE TO RETAILERS FRUITS Apples Box apples—Wlnesap. $3.50. Basket apples (40 lbs.), Ben Davis. $1.50. New apples—Transparents, 40 lbs.. $3 @3.50; Duchess, $2.50(03. Apricots—California. $2 crate. Bananas —4@sc lb. Blackbefrles—24-qt. crate. $4. Cantaloupe—Arizona standard crates. $3.75(04; flat crates, $1.5001.75. Cherries—California, $4.50 (.15 lbs.). Dewberries—s3.so 16 qts. Grapes—California, $4.50 crate; Malagas, $4 50 cr&tc Grapefruit—California. $4.50 crate. Honeydew Melons—s 2 crate. Huckleberries—Virginia. $3 fifteen lbs. Lemons —California. sß®9. Limes—California. $3 per hundred. Oranges—California Valencias, crate, [email protected]. Peaches—Elbertas, $5 bu. Pears—California, $4. Pineapples—Cuban, $3®3.50. Plums—California, $2.25®2.75 crate. Raspberries—Black, 24 pts., $3.25; red, $4.00. Watermelons—Georgia, average 30 lbs., 75c. VEGETABLES Beans—Stringless, [email protected] hamper. Beets—H. G., 35c doz. Cabbage—H. G.. $2 bbl. Carrotis—H. G., 40c doz.; bulk, $1.50 bu. Cauliflower—H. G„ $2.25 crate. Celery—Michigan, Highball, *1.25 crate. Corn—Kentucky, 30c dozen. Cucumbers—Hothouse. $1.25 doz. Eggplant—H. G., $3 doz. Garlic—California. 20c lb. Kale—H. G.. 75c bu. Lettuce —California, head, $5.50 crate; H. G. leaf, 15 lbs., 75c. Mangoes—Louisiana, $2 hamper. Okra—Tennessee, $1.25 basket. Onions —Spanish. [email protected] crate; H. G. green. 45c aoz.: H. G. white Bermuda. $3 u.: H. G. yellow Bermudas. $1.90 bu.; Walla Walla ylelow, 100 lbs., $3.50. Parsley—H. G.. 50c dozen. Peas—H. G.. 50 lbs., $7. . . Potatoes —Virginia Cobblers, $4.00 bbl.; Kentucky Cobblers, $3.50 160 lbs. Radishes—H. G„ white. 40050 c; red. 40 @soc; H. G. buttons. 75c dozen. Sweet Potatoes —Alabama, $2 hamper. Spinach—H. G., 90c bu. Tomatoes—H. G. hothouse, A0 lbs., 75c@ $1; Indiana Climax, 20 lbs., [email protected]. Chicago Commission Mart By United Press CHICAGO. Aug. 3.—Berries—Dewberries, [email protected] per 16 qts.: black raspberries, $2 @2.50 per 24 pts.; gooseberries, [email protected] per 16 ots.: red raspberries, $3 @3.50 per 24 pts. Green fruits—Apples, [email protected] rer bu.; cantaloupes. $3®3.50 per crate; cherries, $303.50 per 16 qts.: grapes, 30@35c per basket; peaches. [email protected] per bu.; pears. $2®2.50 per bu.

Chicago Discovers “Volstead Cane” By United Press CHICAGO, Aug. 3.—The Volstead cane was introduced to Chicago yesterday at a hotel gift show. It contains an electric flash light and a concealed flask. Prefers Radio to Husband WASHINGTON, Aug. 33.-Judith E. Coffman can get along without her husband, but not without her radio. Suing for limited divorce she asked to keep the radio as part of “alimony.” -

OIL PRODUCTION RECORDJNJUNE Reaches New Mark Despite Curtailment Moves. By United Press WASHINGTON, Aug. 3.—Despite movements to curtail production, the output of crude petroleum in June reached new high levels, with a total of 74,538,000 barrels taken from wells in the United States, an average daily production of 2,485,000 barrels, the Bureau of Mines announced Tuesday. This daily average is 25,000 barrels more than for May. The principal cause for the increase was an advance of 50,000 barrels in daily production in the Seminole field of Oklahoma, which the industry selected some weeks ago as a field where attempts to reduce production would be made. A “dictator” was appointed there to work out a reduction plan. California showed a 10,000-barrel daily average Increase, but this was more than compensated for by the decrease in Texas fields. The Texas Panhandle production dropped from 4,185,000 barrels in May to 3,800,000 in June. Production in the Seal Beach field in California increased from 1,550,000 barrels in May to 1,926,000 in June. Daily gasoline production increased slightly over May. but remained under the average for the first six months of the year. Tourists increased domestic consumption, and a forty-one-day supply was on hand at the end of June, compared with forty-nine in May and forty-four in June last year. JULY FAILURES DECLINE-DUN Fourth Consecutive Monthly Reduction.

By Times Special NEW YORK, Aug. 3.—Following the seasonal tendency, the number of commercial failures in the United States declined during July, a total of 1,756 being reported to R. G. Dun & Cos. This marks the fourth consecutive monthly reduction, and the decreases from the 2,465 defaults of last January—the high point for this year—approximates 29 per cent. Comparing with the 1,833 insolvencies of June, the present number is smaller by about 4 1-3 per cent, but it is 9 1-3 per cent above the 1,605 failures of July, 1926. In considering the increase over the total for that period, however, some allowance should be made for the larger number of firms and individuals now engaged in business, which naturally enhances the possibilities of financial embarrassment. In contrast with the decline In number of commercial defaults last month from the total for June, the liabilities show a considerable rise, owing to some large insolvencies. Thus, the July Indebtedness of $43,149,974 is about 25 per cent above the amount for the Immediately preceding month, the increase being piincipally in the classification embracing agents, brokers, iteal estate, etc. The liabilities involved by the manufacturing failures also exceed those of .June, whereas the aggregate for the trading division decreased. The present indebtedness is the largest since last April, when about $53,000,000 was reported. Comparing with the $29,680,009 of July, 1926, an increase of approximately 45 per cent is shown.

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 43® 45c. Butterfat—Local dealers. 40c. Eggs—Stirctly fresh delivered at Indianapolis. 19®20c dozen. Poultry (buying prices)—Hens. 17®18c; Leghorn hens, 13@i4c; roosters, large, 10 ®l2c; Leghorns and small, B@l2c; broilers, 2 lbs. up. 22®23c; Leghorns and smalls, 15@18c; turkeys, hens, 20c; young toms, 20c; old toms, 15@20c: ducks, 13® 15c; geese, B@l9c; guineas, 35c. Bii United Press NEW YORK, Aug. 3.—Flour—Dull and irregular. Pork—Quiet: mess. $33. Lard —Easy; midwest spot. $12.65(012.75. Sugar —Raw; unsettled spot, 96 test, delivered duty paid. 4.46 c: refined, dull; granulated. [email protected]. Coffee—Rio, No. 7 on spot, 14%c; Santos. No. 4, 16%@17c. Tallow— Dull; special to extra, 7%@7%c. Hay— Firm; No. 1, $1.25: No. 3, 950(0*1.1)6; clover, *[email protected]. Dressed poultry—Quiet; turkeys. 20® 46c; chickens, 20 ’/ 37c; broilers, 22037 c; capons. 30@46c: fowls, 14®30c; ducks, 18@22c; ducks. Long Island, 230 24c. Live poultry—lrregular; ?eese, 12c; ducks, 18@24c; fowls, 17@23c; urkeys. 25c; roosters, 15c; broilers, 20(0 33c. Cheese—Quiet; State whole milk, fancy to specials. 27%@28c; youag Americas, fresh, 24%@25c. Potatoes—Long Island, [email protected]; Jersey, [email protected]; southern, $202.75. Sweet —Jersey, basket, sl® 2: southern, barrel, ss@B; southern, crate, $1.500 2.50. Butter—Weak; receipts. 19.384; creamery, extras. 40%®40%c; special market, 41 @4l %c. Eggs—Firm; receipts, 19 602; nearby white fancy, 38®40c; nearby State whites, 27@37c; fresh firsts, 25@26c; Pacific coast, 28@37c; western whites, 25@ 30c; nearby browns, 32@37c. Bu United Press CLEVELAND, Aug. 3.—Butter—Extra In tubs, 42%@44%c; firsts, 39%<@40%c; seconds, 36%@37%c; packing stock, 28c. E?gs—Extras. 30; extra firsts, 28c; firsts, 24c; ordinary, 22c. Poultry—Fowls, 24-25 c; lights, 18@i9c; heavy springers. 28@30c: Leghorn broilers, 23@25c; cocks, 16@17c; ducks, 19®21c. Potatoes—Virginia, barreled cobblers, $3.400 3.50. Bu United Press CHICAGO, Aug. 3.—Butter—Receipts. 8,121; creameries, 38@38%c; standards, 38%c; firsts, 36@36%c; seconds, 34<035c; extras. 39*ac. Eggs—Receipts. 8,385; ordinaries, 21@22c: firsts, 24@25c; seconds, 19@20c; extras. 25%c. Cheese—Twins, 23 @23%c; young Americas. 23%c. Poultry —Receipts, 6 cars; fowls, 22c; springs, 26c; ducks, 190 23c; geese, 13@19c; turkeys, 20c; roosters. 14%c; broilers, 24c. Potatoes—Arrivals, 62 cars; on track. 126; In transit, 324; Virginia barrels Irish cobblers, $3.85®4.10; Kansas and Missouri sacked round whites, $1.9002.15. EGG IS FALSE ALARM By United Press NEW YORK, Aug. 3. For twenty-three years Mrs. Buster, a century-old Galapagos turtle, sojourned at the Bronx Zoo without incident. Eight weeks ago she laid an egg. But the egg turned out to be a dud and a Galapagos turtle has yet to be bom in captivity.

COOLIDGE HAS NO EFFECT ON GRAINMARKET Prices Average Higher at Close of Trade in Chicago Pits. CHICAGO, Aug. 3.—Contrary to expectation. President Coolidge’s announcement of Tuesday had no effect on grain prices on the Chicago Board of Trade today, and final quotations averaged higher. Wheat closed unchanged to % cent# higher than Tuesday’s close; Com % cent higher to Vs cent lower, and oats % to % cent up. Provisions closed lower. Wheat was low at the opening, but climbed early and maintained its premium over Tuesday’s close throughout most of the session. Strength in corn, firmness at Liverpool, Winnepeg, and Minneapolis, and rust reports all served to make prices here higher. Receipts were 305 cars. The cash market was unchan^Bd. Corn was up and down early, but finally went to anew high for the day in late session on reports of continued cool weather in the belt. Receipts were 50 cars. The cash market was unchanged. Oats followed the lead of other grains. The cash market was unchanged, and receipts were 43 cars. Table —Aug. 3 WHEAT— Prev. Hlyh. Low. 12:00. close. Sept 1.37% 1.37 1.37% 1.37% Dec 1.41% 1.40% 1.41% 1.41% March 1.44% 1.43% 1.44% 1.44% CORN— Sept 1.06 1.04% 1.05% 1.05 Dec 1.08% 1.07% 1.08% 1.07% OATS— Sept .44% .43% .44 44 Dec 47% .46% .47 .46% RYE— Sept .92 .90% .93 91% Dec 95% .94% .95% .94% LARD— Sept 13 40 12.35 12.45 Oct 12.50 12.47 12.50 12.55 Jag 12.70 12.55 12.75 Sept 11.70 11.63 11.77 Oct 11.75 11.70 1 1.87 Bu Times Special CHICAGO. Aug. 3.—Primary receipts— Wheat. 3,975,000 against 3,842.000; corn. 303,000 against 375.000; oats. 937,000 agatns' 462,000. Shipments—Wheat, 2,075.000 against 1,180.000: corn, 303,000 against 223,006; oats. 454,000 against 163.00®: By Times Special CHICAGO. Aug. 3.—Carlots; Wheat. 367; corn. 50; oats, 33; rye, 5.

In the Sugar Market

(Bv Thomson & McKinnon) NEW Y6RK, Aug. 3 The market Is unsettled with long liquidation Induced bv lack of demand, resulting from the lower prices offered by refiners for actual sugar. Yesterday’s market had to depend on short covering for Its support and such support Is not very satisfactory. The backward ckmand is certainly disappointing, but It is well to remember that the people have not quit using sugar.

Indianapolis Stocks

—Aug. 3 —Stocks— Bid. Ask. Amer Central Life 550 Amer Creosotlng Cos pfd ..101 105 Belt R R com 66% 69 Belt R R pfd 58 Cent Ind Power Cos pfd 93 95 Cities Service Cos com 45% ... Cities Bervlce Cos pfd 87% ... Citizens Gas Cos com 55 ... Citizens Gas Cos pfd .106 ... Commonwealth Loan Cos pfd.. 100 ... Equitable Securities Cos com.. 51 Hook Drug Cos com 29% ... Indiana Hotel com 125 Indiana Hotel pfd 101 Ind Service Corp pfd 87 96 Indianapolis Gas com 60 ... Indpls & Northwestern pfd... 53 Indpls P Si L 6%s pfd 98% 100 Indpls P & L 7s pfd 96 100 Indianapolis St Rv pfd 38 40 Indpls Water Cos pfo 103% ... Indpls Water Wks Sec Cos ... 98 Interstate P ser pr lien pfd... 100 Interstate P S 6s pfd 85 Merchants Pub Util pfd 100 ... North Ind Pub Service pfd 93% 96 Progress Laundry com 23% ... Raun Fertilizer pfd 50 Real Silk Hosiery pfd T H I & E com 4 T H I & E pfd 22 T H Trac & Lt Cos pfd 95 97 Union Trac of Ind com Union Trac of Ind Ist pfd 7 Union Trac of Ind 2d pfd 2 Union Title Cos com 94 Van Camp Pack Cos pfd 5 Van Camp Prod Ist pfd 97 Van Camp Prod 2nd pfd 98 —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 171 Fletcher Sav and Trust C0....280 Indiana National Bank 262 267 Indiana Trust Cos 230 250 Livestock Ex Bank 162 172 Marion County Bank 210 Merchants Nat Bank 325 Peoples State Bank 200 Security Trust Cos 275% ... State Savings and Trust 75 85 Union Trust Company 460 Wash Bank and Trust C 0.... 160 ... —Bonds— Belt R R and Stockyards 45... 90 Broad Ripple 5s 80% ... Central Indiana Gas 6s 98 Cent Ind Power Cos 6s 103 Chi S Bend & N Ind 5s 20 Citizen Gas Cos 5s 103 Citizens St R R 5s 86% 88 Gary St Ry 5s 89 91 Home T and TofFt W6s 103% ... Indiana Hotel 6s 100 Indiana Northern 5s 2 Ind Rv and Lt 5s 95 ... Ind Service Corp 5s 92% ... Ind Union Trac 5s 3 Indpls Col & So 6s 99 101 Indpls Gas Cos 5s ..100 ... Indpls & Martinsville 6s 81 Indpls Northern 5s 21 Indpls & Northwestern 55.... 81 Indpls Power and Lt Cos 55.. 97% 98 Indpls St Ry 4s 67% 70 Indpls Trac and Term sii ... 95% 96% Indpls Union Ry 5s 101 ... Indpls Water 5%s 104 ... Indpls Water Ist 5s ...98% ... Indpls Water 4%s 96 ... Indpls Water Wk Sec Cos 65.. 98 ... Interstate Pub 8 6s 104 ... Interstate Pub S Bs 6%s ....105% ... N Ind Pub Serv Cos 5s 96 . ... T H I & E 5s 86 T H Trac and Light 5s 99 Union Trac of Ind 6s 15% 16% —Liberty Bonds—--Ist 3%S 100.70 100.90 Ist 4*/S 103.00 103.18 2d 4%s ’... 100.20 100.30 3d 4%s 101.00 101.20 4th 4%$ 103.84 104 00 U S Tr 4%s 113.40 113:58 U S Tr 4s 108.50 108.62 US Tr 3%8 105.50 105.70 U S Tr 3%S 100.00 100.20 U S Tr 3%s 100.12 100.56 —Sales—ssoo Home T * T of Ft. W 6s ..@ 103.00 $250 Liberty 4tn 4%s @ 103.80 SLEEPY COP IS ROBBED Officer Who Will Guard Jack Dempsey Still Has His Star. By United Press CHICAGO, Aug. 3.—Dennis Parkerson, police officer, who will guard Jack Dempsey when the former champion comes to Chicago still has a star and his pants, but that’s about all. While Parkerson slept, a thief stole the Dempsey bodyguard’s revolver, club, coat, belt and keys. Blows Head Off With Dynamite By United Press SAN FRANCISCO, Aug. 3.—Mrs. Louise M. Montgomery, 55, committed suicide here by blowing her head off with a dynamite cap and fuse.

HORSE APPLAUDS JUDGE Paws Ground, Neighs Loudly When Cruel Owner Is Sentenced. By United Press LONDON, Aug. 3.—Police Magistrate Stebbins of Tottenham now believes in “horse sense.” When he fined a man for working a horse with sore shoulders, at the instant sentence was pronounced, the horse noisily pawed the ground as if applauding the sentence, and neighed loudly. FORDLAUNCNES GIGANTIC PLANE Mammoth Craft Sent East for ‘Truck’ Service. DETROIT, Aug. 3. A huge monoplane, equipped to land its cargo from mid-air while traveling 100 miles an hour, was exhibited today for the first time at Ford Airport. The craft resembled an enormous motor truck with wings attached. It was towed on to the flying field from a giant hangar and when its three great motors started the noise was deafening. Described as the largest airplane ever built, the craft measured seventy-four feet between the tips of its wings. The plane took off at 8 a. m. for Curtiss Field, New York, where it will be delivered to the Royal Typewriter Company to be put In operation immediately for the rapid transport of typewriters to the 500 branches and agencies of the concern throughout the country. John A. Collins, veteran Ford pilot, was at the controls. Edsel Ford said the use of airplanes for delivery craft will be general in the near future. The Ford Motor Company has more orders for commercial airplanes than at any time since establishment of its airplane division, he said. BISHOP URGES CHURCHUNITY Division Existing Among Sects Suicidal, Parley Told. BY HENRY WOOD

United Press Staff Correspondent LAUSANNE, Aug. 3.—Division as it exists today in the 6hristian church is suicidal and has resulted in the United States in less than 50 per cent of the population even professing Christianity. This statement was made today Dy Bishop Charles H. Brent of Buffalo, N. Y., before the World Conference of Faith and Order. “It is imperative that Christendom set its house in order,” Bishop Brent said, “by obtaining unity of the various Christian sects before it further infects the eastern world with sectarianism. “The hundred missionary societies in China today are as suicidal tor Christianity as civil divisions are to her national peace and prosperity. “The evil effect is most evidert in America in rural districts whe. c the church going population is divided into impoverished rival groups without moral or spiritual potency.”

ARREST THREE YOUTHS FOR TAKING GOLF BAG Two Implicate Two Others in Riverside Robbery. Three youths are under arrest today and two are sought by detectives for the theft of a bag of golf clubs and other equipment, valued at SIOO, reported stolen last Sunday by P. D. Powers of the Indiana Mattress Company, from a car parked at the Riverside golf course. Detectives Barnaby and Purvis questioned the trio, who implicated the other two and said the five of them stole the clubs and divided them. The officers think the gang might be responsible for other thefts about local golf courses. Two were taken to the Detention Home and one was slated at the city prison. BOND OVER ON CHARGE OF BURNING WAREHOUSE

Armstrong Held for Grand Jury on SI,OOO Bond. Earl C. Armstrong, director of the P. and A. Dispatch Company, was bound over to the grand Jury Tuesday under SI,OOO bond on a charge of arson by Special Judge Paul Rochford following a preliminary hearing in municipal court. Armstrong is charged with setting the company’s warehouse on fire July 5. Testimony of Albert Pratt, 26, of 321 N. Liberty St„ that Armstrong offered to pay him all he owed him if he would set the building on fire was introduced by the State. When he refused, Pratt testified, ArmPAYS FOR ABUSIVENESS

Man Who Stripped Cousin’s Wife Serving Six-Month Sentence. *y United Press ROCKVILLE, Md., Aug. 3.—Preston Martinus is serving a six months’ sentence, after admitting he took his cousin's wife from an automobile, stripped her of all clothing except shoes and stockings, and dragged her by the hair on the lawn, because she hadn’t kept a “date” with him. Australian Wheat Export By United Press MELBOURNE, Australia, Aug. 3. —Trades statistics for the year ended June 30 revealed that Australia’s wheat exports were valued at $103,500,000 compared to $85,935,000 the year before. Wool exports declined by $14,000,000 and meat exports by $7,500,(XXX

kTTGf. 3,, 1927

RISK LIVES TO SAVEANIMALS Barn Burns at Dawson Farm Near Nora. Halford Dawson and Owen Ludlow, rushed into a flaming bam at the farm of Elizah Dawson, a mile north of Nora, Ind., Tuesday night and saved two cattle, two horses and part of the farm machinery. Spontaneous combustion is blamed for the blaze which it is said broke out in the hay mow. It had gained considerable headway when Halford, a son, and Ludlow a hired man reached the building. A bucket brigade formed *by neighbors saved the other farm buildings. Dawson was unable to estimate the loss, but said it was partly covered by insurance. Thirty tons of hay, grain and implements were lost. The second country estate to suffer by fire Tuesday night was the summer hmoe of Russell T. Byers, attorney, at Seventy-Fifth and Pennsylvania Sts. Firemen were unable to find any stream to pump water from and the house, remodeled from a log cabin, burned rapidly. Loss was set at $7,000 by Byers. Births Boys Glenn nd Marie Brock. 2164 N. Capitol. 1 William and Elute Jones, 949 W. Vermont. Carl and Ethel Smith, Methodist Hoas pltal. Ralph and Elizabeth Lleber, Methodist Hospital. Ray and Florence Grimes. Methodist Hospital. william and Edith Hendrickson. Methodist Hospital. John and Marie Huber. Christian Hospital. Efthlm and Slatka Tarpoff, Christian Hospital. Ira and Minnie Anderson. 822 Fletcher. Webster and Mattie Landrum, 1523 N. Arsenal. Frank and Minnie Horton. 829 Coffey. Calvin and Florence Potter. 322 N. Douglas. Jack and Irene Loudon, Methodist Hospital. Leonard and Harriet Griswold. 4042 Wlnthrop. Salvadore and Marie Enrol, 906 Wrtsht. Roscoe and Ethel Ltckllter, 1906 English. Girl* Rollyn and Violet Maver. 410 Llnwood. Lowol land Esther McGauhey, 2614 E. Tenth. Charles and Barbara McAne, 833 N. Drexel. Jack and Odessa Helman. Methodist Hospital Jamet and Ethel Elliott, 1543 Madison, Thomas and Minnie Williams 3140 lowa. John and Georgia Bosley. 2407 Ethel. Harold and Goldie Kelthley, 953 E. Minnesota. Allen and Alta Boling. 3817 Hovt. Lorlan and Elsie Lvdav, 557 Tecummseh. Lou and Mary Carver. 2923 E. East. Deaths Francis Marian Buchanan, 85. 622 Division. chronic myocarditis. William Fredrick Plummer, 51. 1547 N. Oxford, acute dilatation of heart. Rose Clary, 31, Methodist Hospital, septicaemia. Hazel Morris, 11, city hospital, appendicitis. Michael E. Murphy, 69, city hospital, embolus. Jacob Thoeny, 81. Bluff and Glmber Bts., arteriosclerosis. John William Ventress, 3, 1145% S. West, diphtheria. Jane Jenkins, 87. 3129 Moore, chronlo myocarditis. Lulla B. Moran. 63. 2119 N. Capitol, acute dilatation of heart. Grace M. Pyke, 45. city hospital, carcinoma. Helen Miller. 5 months, city hospital, acute gastro enteritis. James Carlisle Walton. 62, 5324 E. Walnut, hypostatic pneumonia. Mary E. Sanders, 84. 2716 Bloyd, acuta uremia. Building Permits Frank J. Lahr. dwelling. 2305-07 N. Oxford. $1,400. >X ls t!. ard ' Haver and Mertz, office. 1709-13 N. Capitol. $30,000. Civic Realty Company, furniture, 222 E. Tenth. $325. Sid Borger. garage. 769 N. Pershing. S2OO. Mrs. Meyers, reroof. 377-72 S. Meridian. S3OO. John Brown, porch. 443 N. Dearborn. $350. William B Ayres, garage. 717 S. Warman, S2OO. $ a George Kress, furnace, 027 N. Tibbs. F- W. Wagner, furnace. 912 Eastern. $297. G. C. Lester, furnace. 5825 Julian. *290. B- Knight, furnace. 2845 N. School. Margaret A. Robertson, furnace. 132 W. Fifteenth, $333. Margaret Morgan, furnace. 2133 Shrlver. 93 1 6. J-L. Billingsley, furnace. 3529 E. New Yoric. 8254. Carl Wlndische. furnace. 545 Coffey, $250 H. B. Shalcr .furnace. 3005 E. Michigan! *320. Cecil Y. and Margaret B. Norway, dwelling and garage, 1112 N. Llndwood. *4.200. S H. Robinson, reroof. 3921 Broadway. $255. Mase Copas, garage. 739 Harrison, $250 M k r> addition. 948 N. Brllvlew! $ **welllnK. 2601 English, $1.500. J. M. Ritter, dwelling and garage. 320 W. Forty-Fourth. $6,000. dwelling and garage, 5950 Rawls. $4,000. O. J. Lockhart, dwelling and garage, 454 Arlington. $4,000. SjCharies Dunkinson. repair, 628 Arbor. 47?ITfw^t^ e r*.t. a nd, ,Dd Ha l fdlng P s2 Ra oT UMCn ' dWemn,t ’ a *° s * Lars P. Rasmussen, dwelling. 2609 N. Harding, $2,500. Charles J. Lynn, remodel, 3579 Washington Blvd., $250. Jacob F. Hoffman, building. State and Southeastern. $7,500. Fred Mason, tool shed. 4505 Park. *3OO. Leonard Miller, garaae, 929 High, *2OO. Fred O Judkins, dwelling. 210 N. Jefferson. $5,000. $350 rank Rlchm,n - 2 ® 8. Arlington. Nellie Gray, repair. 1525 8. State. *1 200 George Walker, dwelling and garage. 40 N. Keystone. $5,700. William M. Madden, reroof. 1436 N. Alabama, $240. *27.? mes Rfddlnß - ddu ‘on, 3009 Station. s24*l B ' Allen ’ ,urnace - 1828 Newman. Mrs. Edna F. Jones, furnace, 308 Kenmore, $241. Grlnslnde Construction Company, dwelling, 1341 Oarfleld, SI,BOO. m E 4. K J. Prl S? ./ ail on Porch. 30 and 33 N. Bradley. $1,500. SSO0 nrV Yeß,ite^ • basement . 3710 Stewart. o; W. Talmage dwelling and garage, 6246 Norwaldo. $3,700.

THREE HOOSIERS HEARD Geneva (Ind.) Men Testify at Fita gerald Fraud Trial. By Times Special DETROIT. Mich., Aug. 3.—Three Geneva (Ind.) men, Clement F. Greene, Orville Arnold and W. W. Musel Jr., are here as witnesses In the trial of E. D. Fitzgerald, charged with using the mails to defraud in connection with oil land lease transactions near Geneva. All the Indiana men testified that after appraisal of the Security Oil and Refining Company’s property, they signed blank affidavits which later were filled in with descriptions of property. These descriptions, the prosecution alleges, were misrepresentations of facts. Breaks Neck in Beach Dive By United Press CAMDEN, N. J., Aug. 3.—Four days after breaking his neck In a dive at a Palmyra bathing beach, Frank Shields, 26, a former bluejacket, died in the hospital her® today. / Buy and Sell LIBERTY BONDS Newton Todd 415 Lemcke Bldg.