Indianapolis Times, Volume 39, Number 79, Indianapolis, Marion County, 11 August 1927 — Page 12

PAGE 12

STOCKS GATHER MOMENTUM AS i MOTORSPICK UP Opening Irregular, but Good Tone Predominates All Through List Later.

Average Stock Prices

Average of twenty industrials Wednesday was 182.20. up .10. Average of twenty rails was 139.17, off .08. Average of forty bonds was 97.68, unchanged. Bv United Press NEW YORK, Aug. 11.—Activity in General Motors on the buying side enlivened the stock market in early dealigs today and aided the entire list in moving forward after an irregular opening. Motor shares, utilities, rails and special issues showed an improved tone in moderately heavy turnover. United States Steel opened down Vs at 13214, but later regained all of its overnight loss. General Motors was taken on the belief a substantial distribution would be voted at today’s meeting of directors after the close. In the motor division demand was noted for Yellow Truck, which moved up fractionally. Nash held steady at 78, while Studebaker firmed up nearly a point to 52%. Mack Truck, on the other hand, broke % point to 95%. American Bosch Magneto rose V*. to 22 following reports the company had secured a large Ford Motors contract Brooklyn Edison equaled its high made Wednesday at 134, a gain of 1% points. Profit-taking came into Brooklyn Union Gas, the latter breaking to 151 Vs after opening at 153, up a point. Standard Gas was up % at 63%, while Consolidated Gas of New York rose % to 113%. Leading industrials gained ground through the early dealings, while Atchison, Missouri-Kansas-Texas, New York Central, and Southern Railway were higher. The latter issues was up 1% at 133y 2 , Traders showed a disposition to await the outcome of General meeting after today’s close and the volume of dealings was light at the opening. Industrial leaders continued to feel the restraint exercised by the reactionary tendency in Steel. The latter sold off % to a low on the setback at 132%. General Asphalt also yielded to low ground on the movement, reflecting poor earnings for the first six months. Radio Corporation was an outstanding feature on the upside. The Street hears a settlement has been effected with the Atwater Kent Company as a result of a recent decision in the courts whereby the Radio Corporation won an infringement of patent suit. Speculative attention around noon was riveted on a downward plunge in Manhattan Electrical Supply, easily the most spectacular break in recent history of the Stock Exchange. After reaching a high of 121 in early dealings, this stock had a sheer drop of 46 point;; to 75. This sensational break was clearly due to technical conditions in the stock itself. Shorts had been practically eliminated by a relentless “squeeze” prosecuted without regard to the stock’s intrinsic worth. When this process was stopped by a Stock Exchange investigation there was nothing to support the issue and a perpendicular decline ensued. Unsettlement created by the break in Manhattan Electrical Supply caused the bear crowd to comb thp list for other issues believed to be in a vulnerable position. Houston Oil was forced down to 128, off 15%, Atlantic Refining to 120. of 5%, Timken Roller Bearing to 124%, off 9, and Baldwin to 245%, off 3%.

Banks and Exchange

Local bank clearings today were t 4.596.000; debits. *7,202.000. NEW YORK BANK CLEARINGS By United Press f NEW YORK. Aug. 11.—New York clearings, $923,000,000; clearing house balance. *97.000.000: New York Federal Reserve Bank credit balance. *87,000,000. FOREIGN EXCHANGE By United Press NEW YORK. Aug. 11.—Foreign exchange oriened irregular. Demand sterling *4.85 11-16, off .001-32; franc 3.91%c, off .OOVs: lira 5.44 c. up .00%; Belga 13.90'/2C, up .00%; mark, 23.74 Vic.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, Aug. 11.—The great advance in cotton from 12 to 19 cents was accomplished according to the old fashioned rule "make haste slowly.” There has been too much hurry this week and a reaction has been the penalty. It looks as if the market has paid the pdrlce for Its haste and we are back where it can be bought for a surer but somewhat slower profit. TEN MAY ASK HEARING Minimum of Complainants in Opening Utilities Cases. A minimum of ten complainants may file petition and demand general hearing on any utility case involving alleged discrimination, rates, tolls or schedules, Attorney General Arthur L. Gilliom ruled today. The opinion was delivered upon a request from Commissioner John W. McCardle of the public service commission. McCardle asked if it were possible for ten petitioners to open * case. Gilliom also ruled that nontaxable securities carried in reserve or contingent funds of building and loan associations are legitimate deductions in setting valuations. This opinion was delivered upon request of Chairman John J. Brown of the State tax board. Wool Sets New High Mark By United. Press SYDNEY, Australia, Aug. 11.— New South Wales wool production for the year ended June 30 was estimated by the government today at 495,820,000 pounds, greasy, which per cent more than in 1911, formerly the.banner year,

New York Stocks ""B? Thomson St McKinnon

—Aug. 11— , Railroads Low . 2;00 . gg; Atchison 19f>-4 192 192=4 193 A m &°o st 118% iiivi im m* Can Facinc ... mu ... 187 187 a& N. W.V.... 89% 89 89 89% C., R. & P 1H ••• HOV 2 111^8 Del & Hud 207 ... 200 208 Dpi Lack 162 Vi ... 162'-4 162 Erie . ..... 63% 62',4 62% 62% Erie Ist pfd .... 62 .. 62 62 Gt No pfd 07 7 a 96** 97% M Lehigh Valley . 108 ... 108 107 K C South 62% ... 61% 63^ M K T ..... 47% ... 46 46% Mo Pac pfd. .... .103% 102% }03% N Y Central. .. .156% 155% lag 155% NY,N H & H.. 49 ... 48% 40% No Pacific 93% ... 92 - ®2 Nor & }57 Pe e nnsy 8 f?. -65V4 '65-4 *65Vi 65% Readfng 115 113% 114% 115 Southern Rv . Southern Pacific 120% 119% 120% 120% St. Paul 15% ... 15 1% St. Paul pfd .... 30% ... 30 30,a St Lte S W 83% ••. 82% 83 St L& S F 13% ... 112% }13% Union Pacific ...186 „ ... 183 '4 186 - Wabash 69% ... 67% 70 Wabash pfd ..... 94 93 94 93% I Rubbers— , Q risk:::::::::::: 1$ ::: m Goodyear 7.7.'.'.' 54% 52% 53% 53% PiMB*:::: Bfc S£ V> % Al5 q c n Fd*7..102% 102 m 102% Am Loco 107. ... 106% 107 Am Stl Fd 53% ... 52 03% Bald Loco 250% 245% 136 249 ,4 Gen Elec 123% 121 122 , 123% Lima 67% ... 67_,2 67 Pres Steei ra car.'.* 62 60% West*Air Bit '.'.".183 iti i|| 182% West Elec 84'g Bethlehem .... 61 59% 59 Vi 61 Colo Fuel 83 Va 80% 81 82 V 2 Crucible .... 91 ... VOV2 90*Vi Guif st mi:::: o* so 5ov 2 si Inland Stl ..... 54 53-4 54 Rep su c .. .'• 68% ::: II& ft* Sloss-Shef ;;;; ; i 3j3/ i 3 i% isa 132% Vanadium ' 51* .'i.' Sft 8? Motors — Amer Bosch .... 22 20 21 21% Chrysler 54 52% 52% 63% Cont Motor 11 ... 11 11% Dodge 17% ... 17% 17% Gabriel 57% 56% 57 56% General Motors 226% 222% 224 225% Hudson 84% 82% 82% 84% Hupp 18% 18% 18% 18% Jordan ........ 18 Vi ... 18 18% Mack 96 95 95 96% Martin Parry 18 Moon ... ... 7 Nash 78 76% 76% 78 Packard 37 ... 36% 37 Peerless 24% ... 24% 24 Pierce Arrow .. .. ... ... > 12% Studebaker .... 52% 5114 52 52 % Stewart Warner 62% ... 62 62% Timken 134% 123% 127% 133'% Willys-Over ... 18% 17% 18% 17% White Motor .. 40% ... 39 40 Amer Sumat ...164% 162 163 164% Anaconda 46% 46% 46 46% Cer De Pas .... 64 62% 64 62% Inspir 20% ' 20Vi 20'% 20% Int Nic 66'% 63 63 % 65% Kennec 67% 66% 67 67% Tex G & Sul .. 67Va 66% 66% 66% U S Smelt 43% ... 41% 43% At? I Ref 126% 120% 124 125'% Cal Pete 22 21% 21% 22% Freeport Texas. 75% 73% ’74% 75% Houston 144% 128 135% 143% Indpt Oil 22'/ ... 21% 22% Marland C 36 35% 36 36 Mid C Pete ... 31% 31% 31% 31% Pan-Am Pete 8.. 55% ... 55% 55% Phil Pete 43% ... 43% 43% Union OH 43 % 43% 43% 44 Pure Oil 27% ... 27 27% R’y’l Dutch 45% Shell 28% ... 28% 28',a Sinclair 17V ... 17 17% Skelly 27 Va ... 27 27% S O of Cal 55Vi ... 55Vi 55% S O Os N J.*... 38% ... 38% 38% S O Os N Y... 31% 31% 31% 31 Vi Texas CO 49% 48% 49 48% Trans Pete .... 8% 8% 8% 8% Industrials-;' Adv Rumley ... .. Allis Chaim 107% ... 106 107 Allied Chem 153% ... 150% 153% Armour A 9% 9% 9 % 9% Amn Can 59% 58% 58% 59Va Am H-L 9% Am H-L pfd 65 .Am Safety R ■ 45% Am Wool 22% ... 22 22% Central L 15 Coco Cola 117% 116'/* 116% 117 Cont Can 73% ... 72% 73% Cert Prods ... 50% Dav Chem 31% 31 31 30% Dupont 290 284% 285 287% Famous Fl 98 96% 96% 97% Gen Asphlt .... 73 71 70 73% mt C Engr 50% 49% 49% 49% Int Paper 57% ... 56% 57 Int Harv 192 ... 191 194 May D Sta 76% ... 76% 75% Mont Ward 69 67% 67% 68% Nat Lead 108',i Owen Bot ..... 70 77% 70 76% Radio 64% 62 63 63% Real Silk 32'% ... 32% 32% Rem Type 43 ... 42% 42% Sears-Roeb 67% 63% 67 67 United Drug 172 ... 172 172% Unlv Pipe 29% U S C I P 219 217% 219 223% U S In A1 80% ... 79% 80'% Woolworth 162% ... 161 164 Utilities— Am TANARUS& T 170 168',i 169 170'% Am Express ....155 ... 154% 152% Am W W 49Vi ... 49 48% Brklyn Man .... 54 Vi ... 54% 54’/a Col Gas & E 1.... 96% 96% 96% 96% Cons Gas 114% ... 113% 113% Interboro 36% No Amer Cos 49% 49% 49ye 49'% Peoples G 153'% 153% 153'% 153 Phila Cos , 105% S Gas and E 1.... 63% ... 62% 63 West Union 165

Shipping— Am In Corp .... 49% ... 49 49 Am Sand C .... 4% Atlantic O 38% 38 38 35 V, In M M pfd .>.. 38% ... 38% 38% United Fruit ....135% 135% 135% 135 Foods— Am Sugar 87% ... 87% 9% A B Sugar 19 ... 19 19 Austin N 5% ... 5% 5% Beech N 54% Calif Pkg 65% 83% 64% 65 % Corn Prods 54 53% 54 54 Cuba C pfd 36 Cuba A Sugar .. 22% ... 22% 22% Fleischmann ... 59% ... 58% 59% Jewel Tea 59 ... 59 59% Nat Biscuit 133% Punta Ale 38% ... 36% 36% Postum 113% 111 112 112% W Bk (B) 23Vs ... 23% 23% Tobaccos— Am Suma 61 ... 61 61% Am Tob 144% ... 144% 145% Am T (B) 143% ... 143'% 145 Cons Cigars .... 82% ... 82 82 Oen Cigars .... 67% ... 67% 67% Liggett 116% ... 116% 116% Lorillard 39% ... 38% 38% R J Rey 138% 138 136'% 137 V, Tob P (fit 100% 100% 100% 100% U Cigar Stores.. 35% ... 35% 35% Schulte R S .... 54% 53 53'/a 54% BANK RESOURCES GAIN Pass $26,000,000,000 Mark on Last Call, Says Controller. By United Press WASHINGTON, Aug. 11.—Total resources of national banks of the United States, Alaska and Hawaii passed the $26,000,000,000 mark on June 30, the date of the last bank call, Controller of Currency Mclntosh announced today. Resources of the 7,796 reporting national banks totaled $26,581,943,000, as compared to $25,699,147,000, on March 23, the date of the last previous call. Loans and discounts, including rediscounts, amounted to $13,955,696,000, an increase of $308,056,000 over March 23. EXCHANGE SEAT COSTLY By United Press NEW YORK, Aug v 11.—A New York stock exchange seat was sold today for $222,000, anew high record. The previous high was $220,000 and the last previous sale $218,000. The membership seat of Neil G. Finch went to Max Reichenbach. Million Dollar Pullman Order By United Press WASHINGTON, Aug. 11—The Chicago, Illinois & Midland Railway asked authority of the Interstate Commerce Commission to issue $1,058,530 of 5 per cent equipment trust notes, payable to the Pullman Company for new equipment,

NOGS SLUGGISH AT STOCKYARDS. BIDDING SLOW Supply Still in Excess of Market’s Demand; Lightweights Moving. , —Hog Price Range— A <t Uß 9.50® 10.90 11.00 5,000 9.75011.15 11.25 5,000 6. 10.00 ft 11.25 11.35 4,000 8. [email protected] 11.40 6.000 9. 9.25® 10.85 11.00 11.500 10. 9.00010.00 10 85 8.000 11. [email protected] 11.00 4,000 With supply still in excess of demand, hogs opened slow today at Union Stockyards. Bidding was slow in all classes, but a few were registered in the lightweight division, generally steady. Top for lightweights was sll, with most 160-200 pounders steady to 10 cents higher, going at $10.75 fa 10.90. Bulk prices were slow in being established. Estimated receipts were 4,000, with holdovers still running high at 2,665. Cattle Division In the cattle division receipts were estimated at 800 and calves at 700. Slaughter classes were strong, with vealers active and fully 50 cents higher, ranging from sl6 down. Sheep and lamb receipts were 1,200; little trading was registered and sellers were asking steady prices. The bulk of sales was sl2 to $12.50 on fat lambs. —Hogs— Receipts, 4,000: market, generally steady; lights 10c up. 90-130 lbs $ 3.00® 9.15 120-160 lbs 9 -25®10.50 160-200 lbs If-25W 10.65 200-250 lbs [email protected] 250 lbs. up B.oo® 9.25 *—Cattle— Receipts. 800; market steady to lower Beef steers t10.00gi3.50 low cutters and cutter cows.. 4.25@ 5.50 Bulk stock and feeder steers. 7.25@ 8.25 —Calves— Receipts, 700; market, steady to rising. Vealers $15.00®16.00 Heavy ciives 6.50 ft 10.00 —Sheep and Lambs— Receipts, 1,200; market, little changed. Ton fat lambs $13.00 Bulk fat lambs 12.00ftU3.00 Bulk cull lambs 7.00# 9.50 Fat ewes 4.50# 6.50 Other Livestock 1 Aug. ll.—Hogs (soft or oily hogs and roasting pigs excluded) Receipts. 29,000: market uneven, around steady; heavyweight. 250-350 lbs., medium to choice, $8.40 ft 9.65; medlumweight, 200250 lbs., medium to choice. $9.15® 10.90; lightweight, 160-200 lbs., common to choice, $9.50ft’10.90; lights, 130-160 lbs., common to choice. $9.15(8)10.90; packing sows, smooth and rough. $7 ft 8.: slaughter pigs. 90-130 lbs., medium to choice, $8.75# 10.35. Slaughter cattle and calves—Steers, 1,500 lbs. up, good and choice, $11.75®) 14.60: steers, 1.100-1.500 lbs., choice, $13.50® 14.60; good. $11013.65: steers. 1,100 lbs. down, choice, *13.40014.25; good. $10.75® 13.65; medium, $8.50® 11.65; common, *7ft. 8.75; light yearling steers and heifers, good and choice, 850 lbs. down. $10.75# 13.65; heifers, good and choice, 850 lbs. up. $8.50# 12.50; common and medium, all weights, $6.75ft 10: cows, good and choice. $6.75 0 9.85; common and medium. ss.soft; 6.75; low cutter and cutter cows. $4.65# 5.50: calves, medium to choice, $7.75(810; vealers, cull to choice, s7# 15.50; feeder and stock cattle, steers, common to cohlce, [email protected]. Slaughter sheep and lambs— Light and handyweight lambs. 92 lbs. down, medium to choice. sl2® 14.35; cull and common, all weights, $8.75/012; ewes, medium to choice. [email protected]; cull and common. $1.50@5; feeding lambs (range Stock), meduim to choice, $11.50® 13.75. 81l United Press .. _ CINCINNATI, Aug. 11.—Hogs—Receipts. 2,900; holdovers. 2,272; market steady to 25c down; 250-350 lbs., $8ft9.25; 200-250 lbs.. $9.65# 10; 160-200 lbs. $10.75® 11: 13016C lbs.. *10010.90: 90-130 lbs.. *70.10.50; packing sows. $6.50017.25. Cattle RecelDts, 600 calves, eceipts, 600; marcet steady: beef steers. !'9.50@12; light ye irling steers and heifers. $8.50#11.50; b-es cows. s6ftß; low cutter and cutter covs. $4.25#5.50; vealers. $12015; bulk stock and feeder steers. SBO9. Sheep—Receipts, 2,100; market, lambs 25c up; top fat lambs. $14.25; bulk fat lambs. sll® 14; bulk cull lambs, $709; bulk fat ewes. $4.500 6.50. By Times Special LOUISVILLE, Aug. 11.—Hogs—Receipts. 800; market, steady: tops. $10.75. Cattle —Receipts, 200; market, steady. Calves— Receipts, 200- market, steady: good to choice, $11.50# 13.50: medium to good, $9 ft 11; outs, $9 down. Sheep—Receipts, 1,500; market, lambs 25c higher; seconds and sheep, steady; mixed lambs, $12.75; ewes and wethers, $13.25: seconds. $8: sheep, $3.5005.50. By United Press TOLEDO. Aug. 11.—Hogs—Receipts. 400; market, steady; heavies, sßft9: mediums, $9.75# 10.75; Yorkers, $10.85011.25; good pigs. $10.50011. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts, light; market, steady. By United Press EAST BUFFALO. Aug. 11.—Hogs— Receipts, 2,500; holdovers. 1,100; market, slow, 25035 c lower; 250-350 lbs., $8.75# 10.25- 200-250 lbs.. $100)11.40; 160-200 lbs., $11,150(1.50; 130-160 lbs., $11.25011.75 ; 90130 lbs.. $11011.75; packing sows, $7.75® 8. Cattle—Receipts. 50; calves, receipts, 400; market, steady: vealers, [email protected]. Sheep —Receipts, 1,100; market, slow, steady, bidding 50c lower on fat lambs: bulk fat lambs. sl4; bulk cull lambs, $10.50 @11; bulk fat ewes, $5.50@7.

Local Wagon Wheat

Local grain elevators are paying *1.30 for No. 2 red wheat. Other grades are purchased on- their merits.SOLDIERS STEAL TIRES FL Benjamin Harrison Officials Notify City Police Ft. Benjamin Harrison officials today reported to police that they discovered three soldiers stripping an auto at the fort Tuesday night after the fight. , When discovered the soldiers jumped in an old auto and fled toward Indianapolis. They took three tires which they may try to sell here, he sold police. I. O. O. F. Picks Marion By Times’ Special VALPARAISO, Ind., Aug. 11 Indiana department council, Patriarchs Militant, Independent Order of Odd Fellows, will hold Its 1928 meeting at Marion, it was decided Wednesday, closing day of this year’s session, which had been in progress here since Sunday,

Robinson Crusoe’s Isle Is Being Modernized

WASHINGTON, Aug. 4.—Robinson Crusoe was more to be envied than pitied, in the opinion of Dr. Waldo L. Schmitt, research expert of the Smithsonian Institution. Dr. Schmitt has just returned from Juan Fernandez Island, on which Alexander Selkirk, the reputed original Robinson lived nearly five years. He said the island is one of the most picturesque ana also one Os the most fruitful spots In South America. Every imaginable plant seems to grow there, including cherry, olive and app e trees, while spiny lobsters are plentiful. Now the island has a population of 287. One Frenchman shipwrecked there forty years ago liked the place so well he refused to leave and still lives there. Fishing is the chief industry and the island is rapidly becoming modernized. The fishermen have built a small hospital, and while no physician is available, treatment is directed by radio when a citizen becomes ill. :

THE INDIANAPOLIS TIMES

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Winesap $3 50. New apples—Transparents, 40 lbs.. $3 ft 3.50; Duchess. $2,500.3: Wealthys, $2.50 @3. Apricots—California, $2 crate. Bananas —4ft.sc lb. . . Cantaloupes—lndiana, standard crates, $3.50; flat crate. *l-50. Cherries—California, $4.50 (15 lbs.). Grapes—California seedless, $3 box. Grapefruit—California. $4.50 crate. Honeydew Melons —$2 crate. Lemons—California. SBO 9. Limes—California. $3 per hundred Oranges—California Valencias, crate. $5 Huckleberries —Virginia. $3 fifteen lbs. Peaches —Elbertas. $4.50 bu. Pears —California. $4.50 bu. Pineapples—Cuban. s3*/3.50. Plums—California. $2.250 2.75 crate. _ Watermelons—Georgia, average 3 n lbs.. VEGETABLES Beans—Stringless. *2 hamper; H. O. lima. 65c lb.: Kentucky Wonders. $1.75 bu. Beets—H. G., 30c doz.: s2.ao bbl. Cabbage—H. G., $2 bbl. . Carrotts—H. G.. 35c doz.; bulk, $1.50 bu. Cauliflower—H. G., $2.25 crate Celery—Michigan. Highball. $101.25 crt. Corn—Kentucky. 35c dozen. Cucumbers —Hothouse. $1.25 doz. Eggplant—H. G.. $3 doz. Garlic— California. 15c lb. head. s6® 6.50 crate; 11. 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. yellow 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, $3-7504. Radishes—H. G.. white, 40®50c; red. 40 ®soc: H. G. buttons. 75c dozen. Sweet Potatoes —Alabama, $1.50 hamper. Spinach—H. G.. 75c bu. Tomatoes—H. G. (hothouse i, 90c® sl, 10-lb. basket. Turnips—H. G., $2 bu. By United Press CHICAGO. Aug. 11. B cif|es Dcwberrtes. $2.50ft3 per 10 qts.; black raspberries. $2.500 3 per 24 pts.: gooseberries $2 500 2.75 per 16 qs.; red raspberries, $34004 per 24 qts. Green frtuts—-Apples. $20.2.75 per bu.: cantaloupes. $3,504/ 4 per crate: cherries. *3ft'3.so per 16 qts.; grapes. 360 40c per basket- peaches $3.5004 .per bu.; pears. $2ft2.50 per bu. PLANE TESTED FORJUO HOP Redfern Expects to Take Off in Few Days. BRUNSWICK, Ga., Aug. 11.— Paul Redfern, young Georgia aviator, was to take his StinsonDetroiter monoplane into the air today for a trial flight in preparation for his attempt at a nonstop flight to Brazil. He has been feted for five days at a round of banquets and today announced he could accept no further social engagements. He will spend the remainder of his time studying charts and tuning up his plane. He expects to be ready for the hop in four or five days.

DOUBT BOMB THEORY Theater Owner Thinks Ciga* ret Caused Fire. By United Press SACRAMENTO, Cal., Aug. 11.— Doubt that the explosion and fire which early today destroyed the half-million dollar State theater here, was caused by a dynamite bomb, developed today. No trace of dynamite has been found. Officials of the T. and D. Theater Corporation, which owns the house, advanced the theory that a clgaret stub left In one of the boxes during the final show, probably started the fire, and that the explosion was caused when the blaze reached the projection room and ignited the films stored there.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. Aug. 11.—There seems to be a somewhat firmer undertone to the sugar market In sympathy with Increased buying by both European and Cuban interests. Operations in futures market continue to De largely technical, but there have been no developments to change the belief that higher prices will be realized for the late deliveries. Marriage Licenses Frank Morris. 21, 1458 Bates, railroad employe, and Mary Marie Jlwiski, 18, 1456 Bates, housekeeper. Chester Phillips. 22. 1468 Bates, steel worker, and Theresa Morris, 20. 1468 Bates. Bennie Spurlls. 23. 1119 N. Missouri. Janitor, and Emma Gregory, 33, 615 W. Tenth, maid. Isaac Green, 22 5447 Baltimore carpenter, an<! Mae Kerrico. 22. 9 E. McCarty, phone operator. James Asimakis, 3621 College Ave.. 42. restaurant owner, and Catharine Pfau. 42, 970 N. Meridian. Robert Cole. 19. 105 Greelv, tile worker, and Nettie Bretzlaff. 18, 6316 Park. Sylvester Waltz, 55. 265 Caven, carpenter, and Mary Poe, 49, Maywood, lnd., housekeeper. Births Boys Earl and Margaret Golder, 1432 Kappes James and Teresa Cate, Elmhurst SanlElwood and Della Little, 609 Euclid. Joseph and Lucy Rasdall, 538 Bright. Girls Joseph and Helen Fitzgerald. 2030 N. K and Lottie Mains, 1502 Saulcy, Deaths Jennie Reiser, 65. 3008 Park Ave.. chronic endocarditis. _ _ Magdalena Pfaff, 69, 650 N. Keystone, acute dilatation of heart. Edgar Given Allen, 53, Central Indiana Hospital, carcinoma. Sarah Heart. 73. 835 Union, carcinoma. Louisa Meyers, 70. city hospital, chronic Morgan, 32. 2838 Martindale, cardla thrombosis. Harry Andrews King, 58, Morris St. M. E. Church, myocarditis.

GRAIN MARKET UNRESPONSIVE TO FORECASTS Bullish Crop Estimates Compiled |jy Government Fail to Sustain Rise. By United Press CHICAGO, Aug. 11— Buyers did not respond heartily early today to the slightly bullish government grain crop estimates issued after the close of Wednesday's session on the Board of Trade, and the opening today found wheat % cent higher to % cent lower than the previous close; corn % to 1% cent down and oats 1 1 cent higher. The United States Government report was slightly bullish on spring wheat, estimating a crop of only 293,000,000 bushels, where 300,000,000 bushels had been expected. The estimate on the winter wheat crop was 552.767,000 bushels. The Canadian crop reports were also bullish on wheat. The corn estimate was about the same as recent private reports, and forecast a crop of 2,385,000,000 bushels. The Government report in oats was the most bullish of all crop estimates. The estimate was for a harvest of 1,279.000,000. Provisions opened unchanged. Chicago Grain Table —Aug. 11WHEAT— . „„ Prev. High. Low. 12:00 close. September ... 1.45% i.43% 1.43% }.4S'• December ... 1.50% 1.47% 1.48 1.4i% March 1.53% 1.50% 1.51 1.50% CORN September •* .1.15% 1.11% 1.12 1.13% December ... 1.20% 1.15% 1.15% 1.17% March 1.22 1.18 1.18% 1.20% OATS- - September .. .50% .48% .49S December .. .54% .52*2 .52_ $ .53 a March 57'i .55% .55% .56% September .. .96% .94% .94% .95% December ... 1.00% .98% .98% - 99 % March 1.04% ... 1.02% 1.03 LARD —■ September .. 12.55 .... 12.50 } 2.55 October ... 12.65 12.60 12.62 12.67 January ... 13.25 13.02 13.12 13.15 RIBS— September .. 12.00 .... I 2 ® 9 }2iS October ~, 12.20 .... 12.14 12.20 By Times Special CHICAGO. Aug. 11.—Cars: Wheat. 298; corn. 39; oats. 84: lye, 8. By Times Speeial CHICAGO. Aug. 11.-Primary receipts. Wheat, 2.752.000 against 2,375,000; corn. 418.000 against 371.000; oats, 322.000 against 894.000. Shipments Wheat 1 804 000 against 1.084,000: corn, 382.000 against 417,000, oats. 225,000 against 237,000.

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 43045 c. Butterfat—Local dealers, 39#40c. Eggs—Stlrctly fresh delivered at Indianapolis, 19020 c dozen. Poultry (buying prices—Hens. 18019 c; Leghorn hens. 13015 c: roosters, large. 10 #l2c; Leghorns and small. 8012 c: broilers, lbs. up, 21# 23c: Leghorns and smalls, 15®18c; turkeys, hens. 20c; young toms. 20c; old toms. 15020 c; ducks. 13® 15c; geese. 8010 c. guineas. 35c. By United Press CHICAGO. Aug. 11.—Butter—Receipts, 9.464; creameries. standards. 39c; firsts. 3f1%ft37%c: seconds. 34% ft iS'ic: extras. 41c. Eggs—Receipts, 11,492, ordinaries, 22ft 24c: firsts. 26ft 27c: seconds. 2lft22c; extras. 27%c. Poultry—Receipts. 3 cars; fowls. 24c: springs. 26c; ducks. 19c; geese. 15ft 19c: turkeys, 20c: roosters. 14':?c: broilers. 24c. Cheese—Twins, 23c: young Americas. 23% ft 24c;. Potatoes—Arrivals. 34: on track. 142. In transit, 759; Virginia barrels Irish cobblers, *404.25; Kansas and Missouri sacked Irish cobblers. sl.soft 1.90, according to quality and condition. By United Press NEW YORK. Aug. 11.—Flour—Firm: held higher. Pork—Easier. Mess—*32. Lard— Weaker. Mid-west Spot—*l2.ssft. 12.65. Sugar—Raw. dull; spot 96 test, held duty paid, 4.460 4.52 c nominal: refined, dull; granulated.' 5.70# 5.80 c. Coffee—Rio. No. 7on spot. 14%ft 14%c; Santos. No 4,17 ft 17%c Tallow—Steady; special to extra. 7% ®7%c. Hay—Firm; No. 1. *1.2501.30; No. 3. 95c051.05: clover, slOl.lO. Dressed poultry chickens. 200 37c; broilers. 32ft 36c; capons. 300 46c: fowls. 24ft 30c: ducks. 18ft’22c: Long Island ducks. 23ft 24c. Live poultry —Firm geese. 12c: ducks, 124/24c: fowls. 22(</27c: turkeys. 25c; roosters. 15c; broilers. 204/30c. Cheese —Firm: State whole milk, fanev best. 25 / 28%c; young America fresh. 25%c. Potatoes—Long Island. *1.75 #3.25; Jersey. *1.504/3; southern. *24/3. Sweet potatoes—Southern, bbls., $2,504/7: southern, basket. sl4/1.88. Butter—Firm; receipts, 15,668; creamery extra, 41c; special market. 41%4/42c. Eggs -Firmer; receipts. 15,033; nearby white fancy. 43045 c; nearby State white, 32 0 42c: fresh firsts. 27®29c; Jaciflc Coast. 304/42c: western whites, 27034 c; nearby brown. 36@40c. By United Press CLEVELAND, Aug. 11.—Butter—Extras In tub lots, firsts, 40%041%c; seconds. 37% ft 38 %c; packing stock. 28c. Eggs—Extra, 82c: extra firsts, 30c: firsts, 26‘'ic; ordinary. 24c. Poultry—Rowls. 244/25c; Leghorn fowls. 18®20c: heavy springers. 284/ 30c; Leghorn broilers. 23ft 25c; cocks. 164/, 17c: ducks. 200 22c. Potatoes—Virginia, barrels, $3.50. PERFECT NEW MOTOR Jordan Company Chief Says Engine Is of “Revolutionary Type.” By United Press CLEVELAND, Ohio, Aug. 11.— Edward S. Jordan, president and general manager of the Jordan Motor Company, announced today the company was about to launch anew motor of a "revolutionary type,” with characteristics similar to those of the finest airplane motors. The motor, which has been under development for several months by Jordan, Continental Motors and Stromberg Carburetor Company, will be of light type, with high speed, officials of the Jordan Company said. Greater fuel economy will be realized, according to the officials, but a 35 per cent increase in horse power will be given by the motor. RUBBER MERGER DENIED “Nothing to It,” Goodyear Official Says of U. S. Rubber Deal. By United Press AKRON, Ohio. Aug. 11—P. W. Litchfield, president of the Goodyear Tire and Rubber Company, todr.y denied rumors that a merger of Goodyear and United States Rubbrt' Company is contemplated-. “There is absolutely nothing to It,” Litchfield said when told of rumors in the New York financial district that a deal Is under way to bring together the two largest rubber companies. Rumors of consolidations in the rubber business have been heard frequently since the recent activity In motor stocks and allied lines. A few days ago a rumor was heard that General Motors, Dupont and U. S. i Steel were involved in merger nego- i tiations. ,

Wash board Does More for ) Singing Than Piano

a ' •• ••

Singing at her washboard, Mrs. Grenier pauses to dream of the career ahead of her.

NEW YORK. Aug. 11.—“ The keyboard of my piano is not doing half as much for my singing as the washboard I bend over almost daily.” The Singing Mother of the Bronx, as her neighbors call Mrs. Mary Bair Grenier, continued: “Instead of playing an important role on the boards, as has been my ambition since I was a little girl, it is the boards that play such an important role in my life—the washboard and the iron board, and those boards and my husband and four kiddies sit down to—and with what appetites!” Flattering “Notices” Mrs. Grenier has a whole big scrapbook of highly flattering “notices” of her recent recital at Town Hali. “At any rate, I’ve already reached the concert stage,” she said. “And I shall soon reach my goarf, which is the Metropolitan Opera House! I once sang on the stage of the Metropolitan. True, it was only in the chorus —but I shall do better next time!” “In spite of household worries and bringing up four healthy youngsters?” she was asked. "Not in spite of it, but because of it! That idea that motherhood kills a woman’s career as a singer is absurd. Just look at Mme. Schu-mann-Heink and Mme. Homer! I would say that motherhood is the greatest asset for a singer. With every new baby there is a renewed call for lullabys, and nothing will mold a voice so much as the subdued crooning of a lullaby. When it comes to level oping the higher registers. nothing is as helpful as housework, especially the washboard. Bending over it, and diving into the suds—develops body and mind and lends your vocal chords a pliability that makes for ease and brilliancy of tone, which Is a coloratura's first requirement.” Turning around on the piano steel, the Singing Mother struck a few chords. Instantly, her brood of four gathered around her. “Somehow, I always find time to , play a little and sing a little every day. I acquired that habit when I j was in the choir in Harrisburg. Pa. "The neighbors will tell you that j I am often found scrubbing sinks : while singing scales! That proves ( that one can successfully combine j a career with the home. At least, | I have found out that it works, al- j though there are many who doubt it. “Os course, if it came to a choice between my career and my children and home, you may be sure the youngsters would coma first! After all, I am a mother, which means more to me than being an artiste! But next to my children comes my music, and there is no reason why the two cannot work hand in hand. I believe they are a safeguard against that dangerous disease so prevalent among artists, and commonly known as 'temperaments Thank goodness, I do not suffer from ‘artistic temperament.’ “It was very hard at times, all right, to stick to my intention to cut out a musical career for myself. The first time I came to New York, all ready to conquer the stage of

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the Metropolitan Opera House, I found things very different from what I had imagined them to be. All my earthly riches consisted of S2OO, and when the little pile was finally gone, it was the vaudeville stage for me, and then once more back to Harrisburg. “But fate was later kind to me. While I was singing here at my piano one evening last summer, crooning to sleep my baby with ‘Just a Song at Twilight,’ two men passed our little house and stopped under my window to listen. Presently, there was a knock at the door. A gentleman entered, and introduced himself as one of New York’s foremost singing teachers. ’Twasn't Long “Well, he offered to put the finishing touches to my voice with the result that a few months later, I faced the Metropolitan critics at Aeolian Hall. So now, I am waiting for the new concert season to start, to continue my professional career—and, meanwhile, I am still giving most of my Lime to the washboard and to the ironing board, hoping that I shall soon be able to exchange these boards of domestic virtue for these which the artist in me craves.”

Notice Dansers INDIANA STATE CHAMPIONSHIP JEWS-HOP Couple Eligible Fina.3 To-Nite Aug. 11 Hadden Hall On Pendleton Pike

AMUSEMENTS

THE FAMOUS DANCERS OLGA & MISHKA AND THEIR GYPSY ART QUINTET IKluting's Entertainers Relff-Murray Trio Stanley & Qulnet Baker <L Gray The Four Bradnas EXTRA ADDED ATTRACTION MISS LEE MORSE Popular Columbia Record Star Daily Pipe Organ Recital by Lester Huff Starts 12:40 Noon Doors Open 12:30

I fl jlP 1 SHI Mat. I k i Mill Pfe] Wed. and Sat. JNn H r 4 25c-50c-75c THE STCAKT WALKER COMPANY S j nr McKay Morris Studded Muriel Kirkland Cast! Elizabeth Patterson SHOW-OFF” Next George Gaul's Farewell Week Week In “THE WOLF"

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AUG. 11 1927

COOLIDGE TO 1 BE DRAFTED, * FESSJHINKS Ohio Senator Believes 6. 0. P. Deadlock Will Bring Plea From Party. BY PAUL R. MALLON United Pre.i SLIT Corrupond.nt RAPID CITY, S. D.. Aug. 11 Senator Simeon D. Fess, Republican, Ohio, brought a political question out here today which has interested President Coolidge and the political observers who follow his train. Fess says the next Republican convention will be deadlocked anrl that the delegates will go to Mr. Coolidge to ask him to accept th nomination. He so has inform' Mr. Coolidge—but he received no answer. Mr. Coolidge is not communicative and Fess, as others here win have followed closely the President, knows he is sincere in his statement that he does not intend to be a candidate. He is tired of the Job and there is a question as to whether he would accept it if offered. On the other hand, there is the problem which might result from a deadlock betwen two or more candidates in the next Republican convention. Just now Hoover, Low- A den and Dawes arc considered the™ leading candidates. Their support, however, is in such sectional divisions that if the convention should be held tomorrow deadlock might seem plausible. The visit of Fess here was concerned not only with the political situation, but with farm relief. He is the chief supporter in Congress of the Administration's plan of developing cooperative marketing facilities and was author of the bill in the last session setting forth the Administration's policy as opposed to the McNary-Haugen bill to establish an equalization fee system. Representative Hull. Republican, Illinois, is coming today to confer with Mr. Coolidge regarding the Mississippi River flood relief situation and Illinois politics. News that Governor Fuller had granted respite in sentence of Sacco and Vanzetti until Aug. 22 resulted in relaxation of tension around the summer White House. Secret service men had feared some demonstration might be made here and took extra precautions to guard the President against intrusion.

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