Indianapolis Times, Volume 39, Number 78, Indianapolis, Marion County, 10 August 1927 — Page 14
PAGE 14
STOCK OPENING IRREGULAR. BUT CHANGESSMALL Early Strength of General Motors Aids Bull Trend Throughout List.
Average Stock Prices
Average of twenty industrial* Wednesday. was 182.05. up 1.78. Average of twenty rails was 139.23, up 1.07. Average of forty bonds was 97.68. oft .10. By United Press NEW YORK, Aug. 10.—Stocks were slightly Irregular at the opening today, though changes were sroall and the undertone continued firm. General Motors on a split opening was at 22514 and 225, up 1% and 114, later soaring to 227%, buying in anticipation of a substantial extra stock dividend at tomorrow’s meeting. Strength in motors aided the remainder of the market. Yellow Truck, subsidiary of General Motors, spurted to 39%, up 14, and a new high record. United States Steel opened at 133%, unchanged, then rose to 134%. DU Pont got above 288, up more than a point, while other leading issues like Amercian Smelting, Timken, General Electric and Bethlehem steel moved higher. Railroad shares also improved, led by New York Central and Atchison. Motor shares were in demand, with Yellow Truck the active favorite. Mail order shares moved up, as did many of the specialties. Tuesday’s recovery in stocks went a long way toward restoring confidence in the speculative community. This improvement in sentiment was reflected in further gains in active stocks in early dealings. Another factor making for confidence was higher, car loadings for the week ended July 30 showing a gain of 33,197 cars over the preceding week. This indication that business was beginnnig to feel the stimulus of fall demand caused increasing-ner-vousness in bearish quarters and stocks in which large short interests had been built-up advanced vigorously. Any doubt that money was the dominating influence in the current phase of the market was swept aside by the action of the main body of stocks around ' noon. Irregularity, which cropped out in the late morning was eliminated and additional advances took place in response to further easement in the loan inarket. Accomodatiflns for sixty days were available at 4 per cent, for three to four months at 4% per cent and for five to six months at 4% per cent. Previously, the rate had been 4 to 4!4 per cent for sixty days, 414 to 4% for three to four months, and 4% to 4% per cent for five to six months, with loans being made at both figures in each instance.
Banks and Exchange
NEW YORK BAtffc CLEARINGS By United Press NEW YORK. /ng. 10.—Bank Clearings, $958,000,000; clearings house balance, $108,000,000. FOREIGN exchange By United Press NEW YORK, Aug. 10.—Foreign exchange opened steady. Demand sterling. $4 85%; Irenes, 3.91%c; lira 5.44 c, up .00%; Belga, 18.90 c; marks, 23.76.
Produce Markets
Butter (wholesale price! Creamery, best grade, a pound. 43® 46c. Butterfat—Local dealers, 39® 40 c. Eggs— stlrctly fresh delivered at IndlanajSdlls, 19@20c dozen. Poultry (buying prices—Hens, 18@19c: Leghorn hens, 13® 15c; roosters, large. 10 ® 12c; Leghorns and small, B®l2c: broilers, lbs. up, 2i@23c; Leghorns and smalls, 15@18c; turkeys, hens, 20c; young toms, 20c; old toms, 15®20c: ducks. 13® 15o; geese. 8@10c; guineas. 35c, By United Press CHICAGO, Aug. 10.—Butter— Receipts, 6.241; creameries, 38@39c; standards. 38*ic; firsts, 36'/2@37c; seconds, 34VSi<ffi35 l /2C; extras, 40‘/2C. Eggs—Receipts, 7,084; ordinaries, 22®24c; firsts, 26® 27c; seconds, 21® 22c; extras. 27*/2C. Poultry—Receipts, 8 cars; fowls, 24c; springs, 25 , /2c; ducks, 19c- geese, 15@19c; turkeys, 20c; roosters, 14‘2C; broilers, 24c. Cheese —Twins, 23c; young Americas, 231i(fii24c. Potatoes—Arrivals. 47c; on track, 190 c; In transit, 605; Virginia barrels Irish cobblers, $4.15® 4 25- Kansas and Missouri sacked Irish cobblers, $1.65® 1.90; according to quality and condition, lew fancy kinds a shade higher. By United Free* NEW YORK, Aug. 10.—Flour—Quiet and unchanged. Pork—Dull; mess, $33. Lard—Steady; mid-west spot, $12.56® 12 75. Sugar—Raw; dull; spot, 96 test delivery, duty paid. $4.52 asked; refined, dull; granulated, $5.70®5.80. Coffee— Roe, No. 7, on spot, 14Vic; Santos, No. 4, 17® 17 lie. Tallow-Steady; special to extra, 7Va@7%c. Hay—Firm; No. 1. $1.25 ® 1.30: No. 3, [email protected]. Dressed poultry— Oniet; turkeys, 20® 46c; chickens. 20® 37c: broilers. 22®36c; capons, 30@46c; fowls, 14@30c: ducks. 18® 22c; ducks. Long Island. 23®24c. Live poultry—Firm; geese. 12c: ducks 12®24c; fowls, 22@27c; turkeys, 25c; roosters. 15c; broilers, 20® 30c. Cheese —Firm; State whole milk fancy a specials, 27! / 2@28 , /2c; young America, fresh, 25®25‘/ a c. Sweet potatoes —Jersey, basket. 85c<@$2; Southern, bbls.. s3®7. ' Potatoes—Long Island, $3®3.50; Jersey. [email protected]: Southern $2®3.10. Butter—Firm; receipts. 16,640; creamery extras, 4014 c; special market, 4114 ® 41’ic. Eggs—Firmer; receipts, 18,810; nearby white fancy. 42®44c: nearby State whites. 32®41c; fresh firsts, 26® 28c; Pacific coasts. 29@41V2C; Western whites, 27®34c; nearby browns. 36®40c. By United Press CLEVELAND, Ohio. Aug. 10.—ButterExtra in tubs. 43 1 /2@45 i /2c: firsts, 401i@ 41 Vic: seconds. 37 Vi @3B Vic: packing stock, 28c. Eggs—Extras, 32c; extra firsts, 30c; firsts 26®27c; ordinary, 24c. Poultry—Fowls. 24®25c; Leghorn, fowls, 18®20c: heavy springers, 28® 30c; Leghorn broilers, 23<8'25c: cocks, 16®17c; ducks, 20@22c Potatoes—Virginia, bbls., $3.50. AIR SPEED MARK SET British Flying Boat Goes 300 Miles an Hour. By United Press SOUTHAMPTON, England, Aug. 10.—Great Britain’s hopes of winning the famous Schneider cup race for seaplanes soared wherein a test a supermarine Napier 35 developed a speed estimated unofficially at 300 miles an hour. The 1926 Schneider cup race at Baltimore was won at a speed of 246.496 an hour. The Napier plane is being tuned up for the 1927 race, to be held near Venice Sept. 25. A Gloster-Napier 4, tested with it, made nearly as great speed.
New York Stocks
"By Thomson A McKinnon -
—Aug. 10Railroads— „ „ Prev. High. Low. 2 pm. close. Atchison 194 193 194 ±92% Atl Coast Line..l96 ... 196 193ia B & O llJ'/i ... H 9 HB% Can Pacific 187% 187 187V4 186% C & O 191V2 191% 191'A 191'a C& N W 90% 89% 90 89% C R & P 112 110% 11114 110% Del & Had 209% 200% *203 % 208 Del & Lack ....183 161% 163 162 Erie 62% ... 62% 62% Erie Ist pfgd .. 62% 62% 62% 62 Grt Nor Did ... 96% 96 96% 95% Lehigh Valley .110% 109% 110 109‘/ 2 K C South .... 63% €2% 6314 62% L & N 146 MK & T 47% 47% 47% 47% Mo Pac pfd ....104% 103% 104 103>/„ N Y Central ..156 155 15514 155 NY NH & H .. 49% 48% 49 48% Nor Pacific 93% ... 93% 92% Nor & W 130% Pere Mara 186% Pennsv 65% ... 65 Vi 65% Reading 116<fc ... 115% 116 Southern Rv ..133 ... 133 132% Southern Pac...121 ... 120% 121 St Paul 15% ... 15% 15% St Paul pfd ... 30% 30% 30% 30% St L & S W 84 8t L & S 7 113% ... 113% 11314 Union Pacific ..187 ... 186% 18614 Wabash 70% 69% 70% 70% Wabash pfd 93% Rubbers— Ajax 8% Fisk 17 ... 16% 17 Goodrich 65% 64% 64% 66 Goodyear 54% ... 54 54 Kelly-Sped .... 22% ... 22 21% U 8 Rubber .. 49% 46% 48% 49% Eauipments— Amer Car & Fd 101% Amer Loco ~..107% ... 107 107 Amer Btl Fd ~ 54 53% 54 52% Bald Loco ....254 249% 250 249% Gen Elec 124% 124 124% 123 Lima 68% ... 67 68% N Y Air Bk .... 42 44% 46% 44% Pres Stl Car .. 64 62% 82% 61 Pullman 152% ... 152% 132 Wsth A B 181% 180% 181% 183 Wsth Elec ..... 84% ... 83% 83% Steels— Bethle 62% 61% 62 61% Colo Fuel 84 82% 83% 83% Crucible 92% ... 92 92 Gulf St Steel 51 ... 51 50% Inland Steel ..... 54% ... 54 54 Phil RC & 1.... 43% 42 42% 42 Rep Steel 70% 70 70% 69% Sl-Shef 126 U S Steel 134% 133% 133% 133% Alloy 30% ... 29', '2 29% Vanadium 51% 50% 51 49% Motors— Amer Bosch .... 22% 21 21% 19% Chandler 18% ... 18% 18% Chrysler 54% 54% 54% 53% Con Motors .... 11% 11 11 " 11% Dodge 17% ... 17% 17% Gabriel 58 li 57% 57 % 57% Gen Motors ....228 225% 226'% 223% Hudson 85% ... 84% 85 Hum> 18% ... 18% 18% J°r°an 17% 16% 17'% 16% Mack 99% 98% 98'% 98% Mar Par 18 Moon 7 Nash 78% ... 78 77% Packard 37% 36% 37 26‘i Peerless 23 Pierce Ar 12% ... 12% 12% Studebkr 53 51% 52% 53'% Stew War 62'% ... 62'% 62'% Timken 135 130 135 127'% Willys-Overland . 17'% 17% 17% 17% White Motor .... 40V* 39% 40 39% Mining— Am Smelting ...166% 165'% 165% 165% Anaconda ...... 46 ... 46 46% Cer De Pas 63 ... 62% 62% Inspir 21 Int Nick 67% 66'% 67 66% Kennec .. ...... 67% 07% 67% 67% Tex G & 5u1.... 67% 66% 66% 66% U S Smelting.... 67% 66% 67 43% Oils— At Ref 128% ... 126 127% Cal Pete 23% 22% 22% 24% Freep Tex 76% 74% 75% 74% Houston 145'% 143% 149 142% Indpt Oil 22 ... 21% 22 Marland C 36% 35% 36 35% Mid C Pete 32 ... 31 ’% 31 Fan-Am Pete B. 56 ... 56 % 55% Phil Pete 44% 43% 44 44% Union Oil 44% ... 44 44% Pure oil 27% 27% 27% 27% Ryl Dutch .... 46% ... 48 45% Shell 28% ... 28 28 Sinclair 17% ... 17% 17% Skelly 27% ... 27% 26% S O Os Cal ... 55’/ ... 55% 56 SOof N J 39 38% 39 38% SO of N Y 31% ... 3?% 31% Texas Cos ... . 49 Trans Pete 8% 8% 8% 8% Industrials— Adv Rumly 12% ... 12% 12% Allis Chaim ... • ... 107% Allied Chem 155% 153% 153% 153% Armoir, A 9% ... 9'/. 9% Amn can 60 59% 59% 59% Am H-L 91., Am H-L pfd 65 Am Safety R 457/ Am Wool 21% ... 21% 21% Central L 45 Coco Cola 117% ... li' 117 Cont Can 74 ... 74 74 Cert Prods 50% Dav Chem 31 ... 30% 30% Dupont 289'% 286% 287 286% Famous PI 97% 96% 96% 96% Gen Asphlt 74'% ... 74% 73% Int C Engr 51 49 50 % 48% Int Paper .... 68 57 -57% 56 Int Harv 194% 194% 194'% 193 May D Sta .... 77 ... 76% 76 Mont Ward 69'% ... 68'% 68% Nat Lead ~. 108*2 Owen Bot ... ... 76 g ad ,i° •, 64% 63% 63% 62% Real Silk 32% ... 32% 32'% Rem Type • 43 ... 42% 43 Sears-Roeb 67% 66% 67 66% ttttß; '%'%cmf wyp United Drug 173 172'% 173 171 Unlv Pipe 30 ... 30 30 U S C I P .. 221 ... 221 220 U S In A1 79 ... 79 73% Woolworth 165 164 164'% 163% Utilities— Amer T & T ..,171% 170% 171 170% Amer Express H 8 Amer W W ... 48% 48 48'% 48% Brklyn Man .. 54% ... 54% 54% Col Gs &El ... 95% ... 95% 95% Cons Gas .... 111% 109% 110% 109'% Intermboro - 3gi 2 Nor Amer Cos .. 49% 49 49% 48% Peoples G .... 151% 150 151% 149 Phila Cos 105% Std Gas and El. 63% 62 63'% 62'% West Union ibs Shipping— Amer In Corp 49 Amer S&C 4 Atlantic G 35% 34% 35% 35 Int M M pfd .. 39% 38% 39 37% United Frt ....135 ... 135 134% Foods— Amer Sugar .... 89% 88 89% 88 A B Sugar .... 19 ... 19 18% Austin N 5% ... 5% 5% Beech N 54'% Cal Pkg 66% 66 66% 64% Corn Prods .... 54’% ... 54'% 54% Cuba C pfd .... 3 ... 36 35'% Cuba A Sugar.. 22% ... 22'% 22% Fleischmann .. 59% 58% 59% JB% Jewel Tea 59 Nat Biscuit ....134% ... 134 133 Punta Ale 3ia Postuin 114% 113'% 114'% 114 Ward Bk B 23*1 Tobaccos— Amer Sumat .. 61% 61% 61% 61V 2 Amer Tob 145% 144% 145% 146% Amer T B 144% 144 144% 145'% Cons Cigars .... 82'% 82 82'% 82 Gen Cigars 67 LiSK.ett 117 116'% 117 116% Lorilard 39'% 39 39% 39% R J Reyn 140% 139 139'% 139% Un Cig Stor 357/“ Schulte R 8 ... 54% ... 54% 54% CROP ESTIMATE BOOSTS COTTON sls A BALE By United Press “ NEW YORK, Aug. 10.—Advancing sls a bale since the publication of the Government cotton crop estimate of 13,492,000 bales, the value of the 1927 cotton crop has risen more than $220,000,000. With prices of the staple at new High levels for the season, predictions are being made that cotton will be pushed to 23 cents a pound or more should the Government figure prove correct. Rainy weather over the cotton belt is multiplying the infestation of the boll weevil, bearing out the crop experts’ belief of a final output some 4,000,000 bales under last year. RISE AFFECTS ENGLAND By United Press MANCHESTER, England, Aug. 10. —Cotton prices advanced one and three-quarters pence a pound today oh the Manchester exchange on receipts of the United States crop estimate. The Master Cotton Spinners Association recommended that all mills using American cotton close for one week between now and Sept. 10, in addition to the usual holidays commencing on that date. Business was almost at a standstill. The cotton association overwhelmingly voted either to close the mills for an extra week or to curtail production equivalent to a week’s closing.
HOGS OPEN TO SLUGGISH MART AT STOCKYARDS Sales Reported at 25 Cents Lower Than Tuesday’s Low Price. —Hog Price Range— A 3 U 8“ 9.50® 10.90 11.00 7,000 4. [email protected] 11.00 5,000 [email protected] 11.25 5,000 6. [email protected] 11.35 4,000 8. 10.00® 11.25 11.40 6.000 9. [email protected] 11.00 11,500 10. [email protected] 10.85 8,000 Hogs opened to one of the most sluggish markets of recent date at Union Stockyards today. A few early sales were reported at 25 cents lower than Tuesday’s dip. Estimated receipts were 8,000, thus continuing the large run that began Tuesday with the abnormal estimate of 11,500 heads. Today's holdovers were 3,386. The new top was $10.85, being decidedly off for the week. A few sales in the 200-220 class were bid at $10.25 @10.50. Many classes were not generally moving. Hog Price Range Porkers in the 160-200 pourid class sold at $10.50® 10.75; 200-220 pounds, $10.25 @10.50; others not moving generally with bidding 50 cents lower. Some 250-260 butchers bid $9 and extreme heavies bid $7.50@ 8. Packing s6ws were bid at s7@ 7.75. In the cattle division, slaughter classes were steady, but other grades were weak to lower. Beef steers sold for [email protected], and vealers for sl4@ 15.50. Cattle receipts were 1,600; calves, 900. Lambs Down Lambs were 25 to 50 cents off in the sheep division. The top for fat lambs fell to sl3 and the bulk of sales was at $12@13. Sheep receipts were 1,700. —Hogs— Receipts, 8,000: market, lights. 25c off; Others, 25®50c of|. 90-130 lbs $ B.oo® 9.25 120-160 lbs 9.25(b 10.50 160-200 lbs 10.2!Kr/10.85 200-250 lbs.' [email protected] 250 lbs. up B.oo@ 9.25 —Cattle— Receipts. 1.600; market steady to lower. Beef steers [email protected] Beef cows 6.250 8.50 Low cutters and cutter cows.. 4 25®5.25 Bulk stock and feeder steers. 7.25@ 8.25 —Calves — Receipts. 900; market, steady. Vealers $14.00015.50 Heavy calves [email protected] —Sheep and Lambs— Receipts. 1.700: market, lambs off. Top fat lambs $13.00 Bulk fat lambs 12 00013.00 Bulk cull lambs 7.00® 9.50 Fat ewes 4.50® 6.50 Other Livestock By United Tress CHICAGO, Aug. 10.—Hogs (soft or oily hogs and roasting pigs excluded i—Receipts. 19,000; market, generally 10015 c lower; heavyweight, 250-350 lb. medium to choice, $8.40@;8.60: mediumwelght. 200-250 lb. medium to choice. $9.15@ 10.25; lightweight. 160-200 lb. common to choice, $9.50 @10.90; light lights. 130-160 lb. common to choice, [email protected]; packing sows, smooth and rough, s7@B; slaughter pigs, 90-130 lb. medium to choice. $8.750.10.35. Slaughter cattle and calves—Steers. 1,500 lbs. up, food and choice. [email protected]; steers, 1,100,500 lbs., choice, $13.50014.60; good. sll @13.50: steers, 1,100 lbs. down, choice, (15.25014; good, $10.75013.50; medium. 8.50 011.50; common, [email protected]; light yearing s.'eers and heifers, good and choice, 850 lbs. down, $10.75013.50; heifers, good and choice, 850 lbs. up. $8.50012.40; common and medium, all weights, $6.75@> 9.85; comon and medium, $5.50 0 6.75; low cutter and cutter cows, $4.6505.50; calves, medium to choice, $7.75® 10; vealers, cull to choice, $7015.50; feeder and stock cattle, steers, common to choice, $6.5009.50. Slaughter sheep and lambs—Light and handvwelght lambs. 92 lbs. down, medium to choice. $12014.50; cull and common, all weights, $8.75012; ewes, medium to Choice, $407.25; cull and common, $1.50 I 05; feeding lambs (range stock', medium to choice, $11.50013.75. By Times Special LOUISVILLE, Aug. 10.—Hogs—Receipts, 900; market, steady; tops, $10.75. Cattle—Receipts. 100; market, steady. Calves —Receipts. 200; market. 50 cents higher; good to choice, $11.50013.50; .medium to good, $9011; outs, $9 down. Sheep—Receipts, 1,000; market, steady; mixed lambs, $12.50; ewes and wethers, sl3; seconds. $8; sheep, $3.5005.50. By United Press EAST BUFFALO, Aug. 10 —Hogs—Receipts, 1,900; holdovers. 474; market, 15@> 25c lower; 250-350 lbs., $9010.50; 200-250 lbs., *10.25011.75; 160-200 lbs., $11.40®) 11.85; 130-160 lbs., $11.50011 85 ; 90-130 lbs., $11.25011.85; packing sows, $7,750 8.50. Cattle—Receipts. 100; calves, 150; market, steady; vealers. $16®16.50. Sheep —Receipts, 200: market, slow and steady; bulk fat lambs, sl4 50; bulk cull lambs. [email protected]; bulk fat ewes, $5.5007. By United Press TOLEDO, Aug. 10. Hogs—Receipts. 750; market. 15@25c down, heavies, $8 @9; mediums. 59.75010.75; Yorkers. [email protected]; good pigs. $10.50011. Cattle —Receipts, light; market, slow; calves, receipts, light; market strong Sheep and lambs—Receipts, light; market, strong. By United Press CLEVELAND, Aug. 10.—Hogs—Receipts. 2,000; market, steady to 25c down; 250350 lbs., $8.2509.60; 200-250 lbs., $9.70® 11.10; 160-200 lbs., $11.10011.50; 130-160 lbs.. $11.10011.50 ; 90-130 lbs.. *ll.lOO 11.25; packing sows. [email protected]. Cattle —Receipts. 600. Calves—Receipts, 400; market, steady to weak: beef Steers, sß@ 9.75; beef cows, $607.75; low cutter and cutter cows, $4.5005.75; vealers, [email protected]. Sheep—Receipts, 500; market, strong to 25c up; top fat lambs. $14.50; bulk fat lambs, $13.75014.25; bulk cull lambs. $lO @l2; bulk fat ewes, $4.50@7.
Local Wagon Wheat
Local grain elevators are paying $1.28 for No. 2 red wheat. Other grades are uurchased on their merits. TWO ITALIANS SLAIN; BOOZE WAR BLAMED Bodies Found Riddled With Bullets in Chicago Suburb. By United Press CHICAGO, Aug. 10. Bulletriddled bodies of two young Italians were found today on a road near Melrose Park, a suburb pf Chicago. Between fifteen and twenty bullet wounds were found in each body. There was a generous sprinkling of glass around the bodies which caused police to believe- the men had been shot in a running gun battle between two cars of gunmen. Police believe it was an outbreak of the alcohol war that has caused dozens of murders in Chicago. There was no means of identifying either man save a St. Louis haberdashery label in a hat found nearby. i Business Man Dies By Timeu Special SHELBYVILLE, Ind., Aug. 10. Frank Bass, 65, manufacturer and canner, is dead at his home after p two weeks’ illness of heart disease.
THE INDIANAPOLIS TIMES
Commission Row
PRICE TO RETAILERB FRUITS Apples—Box apples—Winesap. $3 50. New apples—Transparents. 40 lbs., s3@ 3.50; Duchess. $2.5003; Wealthys. *2.50 @3. Apricots—California, $2 crate. Bananas —4@sc lb. Cantaloupes—-Indiana, standard crates, $3.50; flat crate, $1.50. Cherries—California. $4.50 (15 lbs.). • Grapes—California seedless. $3 box. Grapefruit—California, $4.50 crate. Honeydew Melons—s 2 crate. Lemons —California. sß@9. Limes—California. $3 per hundred Oranges—California Valencias, crate, $5 @8.50. Hyckleberrles—Virginia. $3 fifteen lbs. Peaches—Elbertas, $4.50 bu. Pears —California. $4.50 bu. Pineapples—Cuban. $303.50. Plums—California. [email protected] crate. Watermelons—Georgia, average 30 lbs., 75c. VEGETABLES Beans—Stringleess, $2.50 hamper. Beets —H. G., 30c doz.: $2.50 obi. Cabbage—H. G., $2 bbl. Carrotts—H. G„ 35c 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, 15c lb. Kale—H. G.. 65 bu. Lettuce—California, head, [email protected] crate; H. G. leaf, 15 lbs.. 65c. Mangoes—Louisiana, $2 hamper. Okra—Tennessee, $1.25 basket. Onions—Spanish. $2.25%2.50 crate: H. G. green, 45c dozen; H. G. white Bermuda. $3 bu.: H. G. vellow Bermuda, $1.90 bu.; Walla Walla yellow. 100 lbs.. $3,50. Parsley—H. G.. 50c dozen. Peas—H. G.. 50 lbs., $7. Potatoes—Virginia Cobblers, $3.75 bbl.; Kentucky Cobblers. $4. Radishes—H. G., white, 40 0 50c; red, 40 @soc; H. G. buttons. 75c dozen. Sweet Potatoes—Alabama. $1.50 hamper. Spinach—H. 0.. 75c bu. Tomatoes—H. G. (hothouse), 75c, basket 10 lbs. Turnips—H. G., $2 bu. By United Press CHICAGO. Aug. 10.—Berries—Dewberries, *202.25 per 10 qts.; black raspberries. $303.25 par 24 pts.; gooseberries, $2.5002.75 per 16 qts.; red raspberries. $3.50 0 4 per 24 qts. Green fruits—Apples. [email protected] per bu.: cantaloupes $2.50(a;3 per crate; cherries, $303.50 per 16 qts.; grapes. 35040 c per basket: peaches, $3.50@4 per bu.; pears. $202.50 per bu.
In the Sugar Market
(By Thomson <fc McKinnon) NEW YORK. Aug. 10.—The unsettlement of the sugar market continues, but It Is displayed in the near months which are more affected by the actual market. Rumors of sales to Europe persist at prices on a par with those recently prevailing here and which have served to check the efforts to further depress the raw market. The late months have been relatively steadier, confirming the belief that they should be bought at these levels.
In the Cotton Market
(By Thomson <b McKinnon) NEW YORK. Aug. 10.—The reaction Just before the close was nothing more than a profit taking move Instituted by local traders who wanted a clean slate for today. The weekly weather report at 11 o'clock bids fair to lay heavy emphasis on weevil damage and cotton bought before that time Is the best trading opportunity the day Is apt to offer. Marriage Licenses Raymond Rees. 32. 515 E. Ohio, laborer, and Georgia Harless. 23. 516 E. Ohio. Forest Wells. 25. 1167 Udell, cashier, and Alice Tinsley. 20. 633 8. New Jersey, clerk. Norman Rogers. 22. 2041 Mansfield, treasurer, and Beatrice Poore. 19. 412 E. Twcntv-First. Cecil Clements. 23. Ben Davis, special delivery messenger, and Ethel Chapelle. 21. Ben Davis, stenographer. Clavton Gantner. 22. Dayton. Ohio, water works, and Dorothy Keller, 18. 1044 Congress. Clarence Buell. 27. Ft. Harrison, soldier, and Claralse King. 27. 542 N. Illinois, waitress . William Newell. 22. 224 N. Meridian, branch manager, and Doris Tucker. 20, R. R. M. Box 187. clerk. Births Boys Robert and Anna Barnett. 1841 Miller. Edward and Ruth DeCrow. Methodist Hospital. Ross and Vivian Mullln. Methodist HosHarlev and Louise Bower*, foethodlst Hospital. Wilbur and Flossie Franklin. 321 Koehne. Wilbur and Fannv Oarver. 416 8. Harris. Charles and Martha Helfenberger. 3168 N. Capitol. Hurl and Maggie Perkins. 1501 Hllllday. Henderson and Marv Bell. 2811 Columbia. James and Anna Manns. 1700 S. Sherman Dr. Ross and Meredith Reynolds. I*sl W. 'I Mrtteth. Bertram and Marv Po3t. 2138 Val'ey. Girls Herbert and Bonnie Kroeckel. Methodist Hospital. James and Marv Girvln. Methodist Hospital. Elmer and Dorothv Hougen. Methodist Hospital. Jack and Elsie Huffman. 1201 E. Tenth. George and Blanch Jones. 22 N. Tremont. Clyde and Betty Smith. 3116 McPherson. Walter and Rosemary Thoms. 1656 Park. Paul and Geraldine Plessinger. 721 E. Sixtv-Third. Robert and Florence Klefner. 1213 W. Thirty-Fifth. Vernle and Pearl Enele. 11l McClain PI. Russell and Marv Hatfield. 635 Woodlawn. Arlie and Viola Harriman. 2117 Langley. Deaths Cora Wingate Hammel, 408 N. Alabama, arteriosclerosis. William Miller. 72. city hospital, fractured skull, accidental. William Isaac Debord. 23. Washington and California, accidental August Perrin, 73. 1102 Linden, arterlosclerosis. Anna Campbell. 67. city hospital, carcinoma. Addie Belle Street. 47. 635 W Vermont, carcinoma. Alex Forkas. 18. city hospital, accidental. Frank O. Climer. 68. city hospital, broncho pneumonia. Jacob Smith. 66, 18 S. West, arterloJohn Johnson. 5 months, city hospital, gastro enteritis. George F. Fisher, 75. 3033 N. Illinois, chronic nephritis. Maud Stroud. 47, 418 E. Nineteenth, mitral Insufficiency George E. Richards. 14 hours. 1426 E. Raymond, premature birth. Harrv Jackson. 48. 442 W. Thirteenth, acute cardiac dilatation. John E. Kramer. 58. 1744 Brookslde, cerebral hemorrhage. Hazel Tiemeier, 36, 969 Stillwell, carcinoma. Building Permits Twenty-Second Street Realty Company, repair, Monon and Twenty-Second, SI,OOO. Elmer C. Branhan, garage, 2711 Southeastern, $1,500. W. L. Ware, furnace, chudeh at TwentyFifth and Indianapolis. S3OK Puritan Finance Company, dwelling and garage. 1628 S. State. *2,150. Puritan Finance Comnanv. dwelling and garage. 1613 Dawson. $2,130. G. Cavenaugh, garage. 2507 Broadway, S2OO. Mrs. B. DeNise, flue. 406 Congress. $355. Calvin McPherson, dwelling, 1617 Minocqua, SI,OOO. . j Joseph T. Stokes, garage, 228-30 N. Temple, $282. .J. D. Riddle, dwelling and garage. 5428 Broadway. $4,750. M. T. S. Athletic Association, bleachers and fence, 600 Madison, $60,000. Harold Throtter. dwelling and garage, 267 Berkley. $14,800. William A. O. Haver, addition. 1071 Udeil. $2,000. T. McMahan, reroof, 1340 E. Raymond, S2OB. Henry Blomeyar, reroof, 1614 W. Michigan. S2OO. Robert Smith, garage, 868 W. TwentySixth, $250. T. J. Little Jr., oil burner, 4480 N. Meridian. $575. David Pert, garage. 4906 Guilford, $255. George B. Mitchell, garage, 1201 King, S2OO. Mrs. Ruff, basement. 1923 Hoyt, $l5O. Mr. Shutters, addition, 618 N. Garfield, S3OO. E. O. Suethen. garage. 3724-58 Graceland, $11,760. Sheehan Construction Company, dwelling and garage, 2619 Adams, 52.750. R. N. Brittan, garage, 1942 Broadway, S3OO. John Murphy, garage, 1035-37 Parker, $2lO. 4. John H. Waters, furnace, 1417 S. Kappcs, $250. Perrv Nikers, furnace. 2008 Park, $340. , Alpha Gragun, furnace, 2025 Hoyt. $330. E. Z. Albaugh. furnace, 3531 E. New York, $315. _ _ W. H. Surface, furnace, 1134 Congress, $270. William A. Noltinq, garage, 55 S. Brad--16 E. *J°°Bennett, porch, 4134 N. PennsylV *V.' a H*'Galt. garage, 522 Warren, S2OO. • Jackson Goes to New Jersey Governor Jackson left today for Orange, N. J., where he will be one of the principal speakers at an interdenominational camp meeting. He is expected to return the latter part of next week.
GRAIN TRADING LIGHT; PRICES DOWNAT OPEN Expected American and Canadian Crop Reports Affect Pit. By United Press CHICAGO, Aug. 10.—Trading in grain futures was light and prices were lower early today in anticipation of the American and Canadian government crop reports for the month, due late this afternoon after the session closes. Prices opened with wheat % to J ,% cent lower than the previous close. Corn, % to 1% cent down, and oats, % to % cent lower. Liverpool wheat futures came slightly lower this morning. Weather in the Northwest was reported to be warmer, and in other parts of the belt cool temperatures were reported. Black rust damage in the spring wheat belt was indicated in several private reports. Cool weather was reported In many parts of the corn belt today, and a slow cash demand was indicated here. Due to poor harvest returns, oats have attained some independent strength and showed a firmer tone earlier than the leading grains. Provisions opened lower. Chicago Grain Table WHEAT— ~ Auß ' 10 ' prfv Hieh. Low - 12 00 close. September .. 1.43% 1.40% 1.43% 1.41% December ... 1,48% 1.45% 1.48% 1.45% March 1.51% 1.48% 1.51 1.48% CORN— September ... 1.15 1.11% 1.15 1.12 December ... 1.18% 1.15% 1.18% 1.16% March 1.21 1.18% 1.21 1.19% OATS— September .. .50 .48% .49% .48% December ... .53% .52% .53% .52% March 56% .55% .56% .55% RYE— September .. .95% .93% .95% .94% December ... .99% .97% 99% 98% March 1.02% 102 1.02% 1.02 LARD— September .. 12.57 12.45 12.57 12.65 October ... 12.70 12.65 12.65 12.75 January ... 1J.25 13.05 13.12 13 25 RIBS— September .. 12.10 11.95 12.10 11.90 October .... 12.20 12.10 12.20 12.05 CHICAGO. Aug. 10—Car lots: Wheat. 453; corn. 48; oats. 72; rye. 9. Bn Times Spec in l CHICAGO, Aug. 10.—Primary receipts; Wheat, 3,277,000 against 3.155,000; corn. 506.000 against 621.000; oats. 608.000 against 993.000. Shipments Wheat. 1.471.000 against 1.036.000: corn, 337.000 against 368.000; oats. 322.000 agamst 333.000.
THE CITY IN BRIEF
THURSDAY EVENTS Advertising Club of Indianapolis, luncheon. Spink Arms. Indianapolis Engineering Society, luncheon. Board of Trade. International Typographical Union, convention. Armory. Retail Credit Men's Association, luncheon. Chamber of Commerce. County Employes, picnic. Broad Ripple Park. Indianapolis police today were asked to be on the lookout for Wayne Walker, 15, of Elwood, Ind., who escaped from the Boys’ School of Plainfield, Ind., Tuesday afternoon. Martha C. Moore, 3, daughter of Boynton J. Moore, Indianapolis councilman, who was injured in an auto accident Monday, is recovering at her home. She was struck by an auto in front of her home, 1623 Spruce St. She suffered severe bruises on head and body. Indianapolis Sheet Metal Contractors will picnic Aug. 18 at Longacre Park, south of the city. Contractors, sheet metal Jobbers and State association members were invited by Homer Selch, arrangements chairman.
Nineteenth annual reunion of the Stephenson-Wiley families will be held Sunday at Memorial Park at Lebanon. Officers are Mort Stephenson, president, and Mrs. May Smiley, secretary. Leroy Slocum, 14, of 1120 Eugene 6t„ was taken to city hospital today suffering from bruises received when the bicycle he was riding was struck by a truck driven by Frank Jardina, 619 Stevens St., at Twenty-Ninth and Clifton Sts. Jardina was exonerated from blame by police. Detectives Norman and Y&ung today arrested Richard Davis, Negro, 1934 Yades St., on charges of assault and battery with intent to kill. Davis is held in connection with the shooting July 23 of Ed Weaver, 1639 Alvord St., and Mamie Davis, 1801 Alvord St., both Negroes. “Sales Promotion—lt’s Application to Today’s Problems,” will be the topic of F. W. Bond. Chicago, Thursday at the Advertising Club luncheon at the Spink-Arms. Bond will discuss direct mail advertising. MISSION GIFT IS LOST Baptists Must Surrender $550,000 Obtained From Indian. By United Press NEW YORK, Aug. 10.—Federal Judge John C. Knox today handed down a decision ordering the American Baptist Home Mission Society and the Equitable Trust Company, as trustee, to return to the United States Secretary of the Interior $550,000, which Jackson Barnett, millionaire Creek Indian of Oklahoma, was alleged to have made as a gift to the society. Judge Knox made it plain that he suspected efforts had been made to mulct the Indian of his money. JUSTICE IS NOT BLIND i , Sightless Lawyer Wins His First Plea in Court. By United Press NEW YORK, Aug 10.—Augustine Massa, blind lawyer recently admitted to the bar, won his first case in court. In a ten-minute plea he convinced Justice Meyer in city court that his client, Angelo Consoli, should not be punished for contempt.
Tax Refund Claim Application Tax Refund Claim Department, Indianapolis Times. Will you kindly prepare my Horizontal Tax Increase REFUND claim from the following information? Lot Number '. Addition Township Name of individual or company appearing on 1919 tax receipt Name of individual or company appearing on 1920 tax receipt Name of individual or company appearing on 1921 tax receipt .... When my claim is ready you can call me at this telephone I am a subscriber of The Indianapolis Times. Name of Claimant Address
FLIGHTS SPUR AIR INVENTORS Germans Report Aeronautic Boom Started. Bu United Prcts BERLIN, Aug. 10.—Lindbergh’s, Byrd’s and Chamberlin’s flights, coupled with the schemes of European aviators for non-stop hops to America, have started a boom in aeronautic invention in Germany. Both the German government patent office and the office of the American military attache in Berlin have been working overtime since Chamberlin's "Columbia” landed in a mud-hole at Cottbus. Major H. Zorning, United States military attache here, told the United* Press that he has been receiving letters in every mail emanating from German inventors with some new idea on aviation or a vast scheme Tor revolutionizing aerial warfare. Other inventors have been calling on Major Zorning in person to describe their project.
Gone, but Not Forgotten
Automobiles reported stolen to police today belong to: Ellison Fadley, 3608 Ralston Ave., Morman sedan, 22-636. from above address. Ed Rosenburg, 832 S. Meridian St., Ford sedan. 517-090, from above address. Eugene H. Brown. 4115 N. Illinois St., Nash coupe. 588-126, from Pennsylvania St. and Ft. Wayne Ave. Elcar Mdtor Sales. Thirty-Eighth St. and College Ave., Chevrolet coupe, from Meridian and Ohio Sts. Hugo Hutzler, 12 S. Temple Ave., Willys-Knight, 576-778. from the side of residence. Allen and Thomas Cleaners, 1122 W. Thirteenth St.. Ford truck, from garage in rear of above address. J. Wiseman. Noblesville, Ind.. Ford roadster. 398-543, from east side of the State House. John Navlin, 322 Dorman St., Chevrolet tcuring, 568-177. from Senate Ave., north of Washington St. Dr. John Nevitt, 811 Medical Arts Bldg., Hudson coach. 610-838, from Ft. Harrison. C. A. Thomas, 2333 Langley Ave., Ford, 582-415, near Zaring Theater.
BACK HOME AGAIN
Automobiles reported found by police today belong to: Roy J. Tolin, 2226 Shelby St.. Ford touring. 537-606, found at Senate Ave. side of Statehouse. J. H. Barr, 1015 Roach St.. Ford touring, 528-862, found north of Forty-Second St. at Crooked Creek, between Cold Spring Rd. and Kessler Blvd. Harry Lennox, Lebanon, Ind., Studebaker sedan, 405-188, found under elevation on 'S. Capitol Ave., south of South St. Ellison Fadely, 3608 Balsam Ave., Mormon sedan. 22-636. found on Allisonville Rd., .ten miles out of city. Union B. Hunt, 1030 W. ThirtySixth St., Ford roadster, found at Fifty-Fourth St. and Zionsville Rd Names First Japanese Bishop By United Press ROME, Aug. 10.—Father Januarius Hayasaka has been appointed bishop of Nagahaki, becoming the first Japanese bishop in the history of the Catholic church. Several Chinese bishops recently were appointed.
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‘BEN’ ON STAND SOON House of David Leader May Testify Thursday. By United Press ST. JOSEPH, Mich., Aug. 10.— Testimony in the House of David dissolution suit today was expected to move along to the grand climax of the trial, appearance of "King Ben” Purnell, the leader, on the witness stand. Only a few witnesses remain to be called before the elderly bearded leader, skid to be seriously ill, is called upon to refute the State charges. One of the main witnesses waiting to be called is “King Ben’s” wife, “Queen Mary.” She may be called today, which will mean that Purnell will take the stead tomorrow. ARREST ‘JAZZ’ KING Cop Says Roger Wolfe Kahn Was Speeding Forty Miles an Hour. By United Press , NEW YORK, Aug. 10.—Roger Wolfe Kahn, orchestra leader and aviavor, must appear in Brooklyn traffic court next Tuesday to answer a summons for speeding. Kahn was driving forty miles an hour early today when a motorcycle patrolman caught up with him. The driver established his identity as the son of Otto H. Kahn, multimillionaire banker and patron of the arts. LEG BROKEN BY AUTO William Keenan Struck by Car Driven by Carroll Wagner. William Keenan. 2546'z W. Michigna St., suffered a compound leg fracture when struck by an auto driven by Carroll Wagner, R. R. A, Box 39, at King and Michigan Sts. today. • Keenan’s right leg was broken at the ankle and above the knee. AMUSEMENTS
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’AUG. 10,1927
SERVICES HELD ' FOR LATE HEAD, OF METHODISTS Dr. Harry Anderson King Is Lauded by Pastors _ of State. Services for Dr. Harry Andrews King, superintendent of the Indianapolis district of the Methodist Episcopal Church, who died while preaching a sermon at the Morris St. M. E. Church last Sunday, were held at Robert Park M. E. Church. Delaware and Vermont Sts., this morning. Later, with an escort of motorcycle police headed by Sergt. Prank Owen, accompanying the body to the city limits, the cortege left for Marshall, 111., where interment was to take place this afternoon. Followers Present Approximately 125 ministers. Including fifty-two from the districts which had been under Dr. King's supervision, were present. The invocation was by Dr. Edward S. Shumaker. Dr. E. A. Robertson read a short obituary. Dr. Frederick D. Leete, resident bishop of the In-* diana area was in charge. “The work of Dr. King speaks sots itself,” said Dr. Leete. "Under his care, the progress in Methodist circles has been equaled in no other place in America the last five We have suffered a great loss ini his going.” Kept Fires Burning Dr. Orien W. Fifer, pastor of the Central Ave., M. E. Church, also spoke on Dr. King's work. “He kept the home fires burning in this district,” said Dr. Fifer. “Asa district superintendent he had unique and unusual qualifications. Asa man and a minister, he was all that will make him live in our hearts through all the years to come.” James Ogden, representing tha laymen of the Indianapolis district, paid high tribute to Dr. King. “Canned” Music Canned Bn Vnitcit PriKK WASHINGTON, Aug. 10—Tha Federal Radio Commission today issued a general order requiring stations broadcasting mechanical music to announce this. Explaining the order. Commissioner Bellows said several stations have announced band or orchestra concerts, when in reality a phonograph record was broadcasted. MOTION PICTURES
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