Indianapolis Times, Volume 39, Number 82, Indianapolis, Marion County, 15 August 1927 — Page 10

PAGE 10

STRONG TONE \ CONTINUES IN f STOCKTRADING Reaction From Hectic Sessions of Last Week Mark Opening Today.

Average Stock Prices

Average of twenty Industrials Saturday aras 179.31, up 3.21. Average of twenty tails was 138.87. up .77. Average of forty bonds was 97.78. off .01. Bv United Press NEW YORK, Aug. 15. The stronger tone which characterized Saturdays’ short session on the Stock Exchange carried over into today’s early dealings with leading Issues in good demand at firmer prices. Transactions were on a smaller scale. Some recessions were noted after the opening. U. S. Steel was under slight selling pressure, getting down to 131, off %, after opening at 131 "j. General Motors opened at 223, up IV*, and then dropde to 221%. Manhattan Electrical Supply was bought at the outset, rising 2% points to 56%, but eased to 56. Timken opened at 127, up 1%, and then spurted to 128. Dupont was up nearly a point at 298% in quiet trading. Directors meet today and many lin the Street think the General Motors stock dividend will be passed on to Dupont holders. Rail issues were firm as reports from Washington showed a record in railway freight for the first half of the year. Motor issues held Steady while oils and Harvester Shares advanced. Two important developments with |l bearing on stock prices occurred Over the week end. The first was the announcement from South Dakota that larger government appropriations for 1928 beclouded prospects for further tax However, th iswas offset by estimates placing the increase in farm wealth pver the last year at $1,000,000,000. Price movements in early dealings Jwere highly irregular. General motors reached new high ground on the rally, while Steel and other industrial leaders maintained the best levels of the recovery. Pressure continued on oils, rails and various specialties. Stocks maintained a good tone under the influence of impressive buying of seasoned stocks. Some Important banking interest expressed Delief that the market was In a much better position after last week’s reaction. These people felt a month ago that the pace of the upside was too swift. But the present attitude is that the needed corrective has been applied and standard shares are ready to go ahead again. This viewpoint Is based on the expectation that 3 per cent money will be seen in the next few months, which would be particularly bullish on rails. Shares of Northwestern roads were buoyant in reflection of flourishing crops in that region. Great Northern preferred spurted 3% to 99%. The latter road will have the largest grain traffic of its history this year. Asa result the present $5 dividend will probably be increased to $6 by next spring.

Banks and Exchange

FOREIGN EXCHANGE tote United Press , NEW YORK. Aug. 15.—Foreign exchange Opened Irregular. Demand sterling, *4.85 11-16 C, up .00 l-32c; francs. 3.91%c; lira, 5.43%c; belga, !3.90%c; marks, 23.76 c. EXPORTS SHOW DECLINE flalf of $14,000,000 Decrease Due to Cotton Season Windup. WASHINGTON, Aug. 15.—The jJtJnited States exported $343,000,000 Worth of merchandise last month, * decrease of $14,000,000 from June sand $35,000,000 below July, 1926, she Commerce Department anjtiounced today. * Some $7,000,000 of the decrease jfrom June was ascribed to the Vindup of the cotton season. * Imports were $327,000,000, a deterease of $28,000,000 from June and deacrese of $12,000,000 from July, 11926. , The “favorable” trade balance was jtonly $16,000,000 for the month, compared with $29,358,000 in July, 1926. MORGAN AID SUCCUMBS J. A. Owenby Dies at Home in Boulder, Colo. flu United Press t BOULDER, Colo., Aug. 15.—C01. SJ. A. Owenby, former business associate of the late J. Pierpont Morgan, died at his home here early today. For many years Owenby was western representative for the Morgan interests. He was widely known In mining and financial circles.

.PROBE SUICIDE EFFORTS • One Successful, Another Fails in City. Police today investigated two ttuicide attempts, One successful and one that failed. Gas fumes inhaled by George Bauer, 50, of 1107 Vi Oliver Ave., brought death Saturday night. Domestic troubles were given as the motive by Coroner C. H. Keever. William D. Strecval, 35, of 127 S. Liberty St., swallowed poison, police said. He was taken to the city hospital, where it was said he ,will recover.

‘WOODCRAFTERS’. CAMP Twenty-five “Woodcrafters,” who have won merit at Culver Military Academy summer school, Arrived at Turkey Run State Park today to camp until Thursday. A letter to the conservation department from Gen. L. R. Gignialllst, commandant of the schorl, praised the park highly as an ideal ■pot for such nature study classes.

New York Stocks

—By Thomson A McKinnon*

—Aug. 15— ' Railroads— , P**v. High. Low. Close, close. Atchison 192 187 Vi 191’/s 190 At Coast L 197 ... 193 192 B It O 118*i 116% 118% 116’/. Can Pacific 187% 186 187% 186 C * O 190% 187% 190% 188 p It N W...... 90 87% 90 87% C R & P 110% 108% 110% 109% Del It Hud 203 199% 203 200 Del It Lack ....163 163 164 161% Erie 60% 69 % 60 59 % L'rle Ist pfd ... 61% 59% 60% 60% Qt No Did 98% 96% 97% 96% Lehigh Val 103 ... 103 102% K C South 59% 58% 59 59Vi L & N 145 ... 145 144 M K & T 44% 44 44% 44% MO Pac pfd ....102 ... 101% 101% N Y Cen 152% 149% 152 150 NYN Hlt H.. 48% 48 48 47% No Pacific 95 93% 95 92% Nor * W 186 184 184 184% Pere alarq ... 129% Pennsy 65 644, 64% 65 Reading 113% 112% 113% 113% Southern Ry ...132'% 131% 131% 131 Southern Pac ...120% 119 V, 120% 119 St Paul 16 1 , 15% 16', 15% St Paul pfd.... 32% 30 32% 30 St Llt S W 79'4 ... 79% 81% St L It S P 111% 110 3 ill % 110% (Jnton Pac 187 185 Vi 186% 185% Wabash 64% 634, 64% 63% Wabash pfd .... 93% ... 93% 91% Rubbers— Ajax 8% ... 8 8 Fisk 16 Vi ... 16 15% Goodrich 63% 63 63 V, 63% Goodyear 52 ... 52 51% Kelly-Spg 21% 20% 21 20% U S Rubber ... 46% 45% 46% 46% Equipments— ... ..... Am Car It F Am Loco 106 ... 106 *03% Am Stl Fd .. . . 52 514s 51% 51 Bald Loco 250% 248 249 249'% Gen Elec 123 Vi 121 122 k 123% Lima 66% 64% 66% 64% N Y Rlr Bk 44% Pres Stl Car. ..—6l ... 60Vi 02% Pullman .7T50 ... 150 153% Wsth A B 178 ... 178 176% Wsth Elec 82 80'% 81% 81% Be i thie l *7T 61 Vi 59% 61 60% Colo Fuel 78% 74% 78% 76 Crucible 90 ... 89% 89% Gulf St Steel . 49% . . 49% 49% Inland Stl 51% Phil RC It 1.... 42% 41% 42 41% Rep Steel 66% SI Shes 120 U 3 Steel 133 Vs 130% 132% 131% BHoy 29 ... 28% 29 Vanadium 54% 53% 534, 54% Motors— Amer Bosch .... 20% 20Vi 20% 20% Chandler 18% ... 18% 18% Chrysler 54% 53V, 54 51% Con Motors ... 11 10% 11 10% Dodge 20 18 % 20 18% Gabriel 54 Vi 52% 53% 53 General Motors .224% , 220% 223% 221% Hudson 83% 81% 83 81% n 17 16% 17 17 Mack 96 94'% 95 96 Mar Par 18 Vi Moon 36 % Nash 77 76Vi 764i 76Vs Packard 37Vi 36 36% 38 Peerless 23% Pierce Arr 12% ... 12'% 12% Studebkr 51 % 51 51% 51% Stew War 62% 61% 62 Vi 6’% Timken 128 124 127 125% Wlllys-Overland . 17% 17% 17% 17& White Motors ... 39 ... 39 38% Mining— Amer Smelting .162% 160% 162 1614s ! Anaconda 45% ... 45% 454, Cer De Pas 63% 63'% 63% 63 Inspir 194, ... 19% 194i Int Nick 66% 64% 64% 65% Kennec 67 V, 66 66% 66’/, Tex Glt Sul 65% 64% 65 66% I U S Smelt 42 414i 42 40% I Oils— At Ref 123% 119 Vi 123 120% Cal Pete 22% 22% 22% 224s Freep Texas 72 70% 71% 71% Houston 124% 119 122 122 Indpt Oil 21 Vi ... 21% 204, Marland C 36% 35% 36 35 % Mid C Pete 30% Lago 29*i ... 29% 29% Pan-Amb Pete B 55% 54% 55% 54% Pro It Refg... 234, 23 23*. 23% Phil Pete 44% 43 V, 43% 43 V, Union Oil 43 Pure Oil 28% ... 28% 26% R’y’l Dutch 45% ... 45V, 45% Shell 28 ... 28 27% Sinclair 17 ... 1 6% 16% Skelly 26% ... 28% 26% 8O Os Cal .... 55% 55% 55% 55 S OOf N J.... 38% ... 38% 38Vi S O of N Y 31% ... 31% 31% Texas Cos 49% 48V, 49 48% Trans Pete .... 8% 8 8% 8% Industrials— Adv Rumly 12 Allis Chaim 105% ... 105% 104 Va Allied Chem ....152 148'% 152 150% Armour A 9% ... 9% 9Vi Amn Can ..... 58 Va 57 V, 58 Va 58 V, Am H-L 9% Am H-L pfd 63 Va Am Safety R ... 45% ... 45% 45 Am Wool 32 ... 22 21% Central L 16 Coco Cola 11.’ 118’/, 117 115% Cont Can 73% ... 73% 73% Cert Prods 49% ... 49% 49% Dav Chem 30% Dupont 2794, 275 278 278% Famous PI 98Va 97 98% 98% Gen Asphlt 67% 66% 66% 66 Int C Engr 47V, 464i 47 46% Int Paper 56V, 55% 56 56 Int Harv 186% 184 184 184% May D Sta .... 75 ... 75 75 Mont ward .... 70% 68% 70% 69 Nat Lead 108 ... 103 Owen Bot 75’, Radio 64 62 63% 63% Real Silk 31% ... 31% 31% Rem Type 42 41% 42 41% Sears-Roeg 68% 67% 68% 67% United Drug’....170 169 170 189 Unlv Pipe 29 U 8 C I P 212% ... 208 Va 215 U 8 In A1 78 ... 78 77 Vi Woolworth 160% 159% 180 159% Utilities— Am T It T 169% 168% 168 V, 168* Am Express ....180% 159 160 1594i Am W Wk 48% Brklyn Man 54V, Col 0&3 &El 95% ... 94Va 94% Cons Gas 111% 110 111% 111% Interboro 35 No Amer C 0.... 49 ... 484, 49 Peoples G 1484i 147 148% 147 Phlla Cos 105% S Gas and El. .. 62% 61% 62% 61% West Union 163 Shipping— Am In Corp.... 48 ... 47% 48 Am Sand C 4 Atlantic G .... 33% 33V, 33% 33 In M M pfd .... 37% ... 37% 374i United Fruit 134% Foods— Am Sugar 86% ... 86% 86 A B Sugar f 18% Austin N 5% Beech N 53 Calif Pkg 63 Com Prods .... 54Vi 54 54% 55V, Cuba C pfd 35 Va Cuba A Sugar 21% Flelschmann .... 60 58% 60% 58% Jewel Tea 59Vi ... 59 59% Nat Biscuit 130% Punta Ale 36 Postum 113 110% 113 109 W Bk <B) 22 Tobaccos— Am Suma 59% ... 58% 59% Amer Tob 142% ... 142% 140% Am T |Bl 143% ... 143% 141 Cons Cigars 80% 80 80% 79% Gen Cigars .... 66 ... 66 66 Liggett 116% LorTllard 39% 39 Vi 39 Va 39 R J Rey 136 135% 136 135% Tob P (Bl 98Vi U Cig Stores.... 35% ... 35% 35% Schulte R 8 53%

SLEUTH LOSES LICENSE State Suspends Alexander Less When Bond I* Withdrawn. License of Alexander Less to operate the State Detective Agency, Meyer-Klser Bldg., was suspended today by the Secretary of State, following hearing before Chief Examiner Earl Coble. The Union Indemnity Company asked to be relieved of bonding the agency and Less was unable to furnish other bonds. He will continue to operate the Indiana Merchants’ Protective Association, Merchants’ Bank Bldg., which provides special watchmen for business house.-. The Less agency is being sued for $22,000 damages. The suit grew out of a raid made by Less and a special constable at 320 E. North St., the night of March 12.

PLANE FALLS; 2 DEAD Bu United Press' MONACA, Pa., Aug. 15.—George Roth of Monaca, aviator, and Kenneth B. Hercukes of Martin’s Ferry, Ohio, a passenger, were killed last night when Roth’s plane caught fire at an altitude of 2,000 feet and plunged into the Ohio river. The men were headed for Pittsburgh.

Harnessing: River Jordan By United Prctt JERUSALEM, Aug. 16. Work had commenced today on anew section of the project for harnessing the River Jordan to supply power for railways and factories throughout Palestine.

PORKER MARKET OPENS SLOW AT ONIONJARDS Packers Reported Buying Little Material; Most Sales to Shippers. —Hog Price Range— A g. K 10.00ffi11.25 11.35 6.000 9 [email protected] 11.00 11,500 10 9.00®i 10 00 10.85 8.000 111 9.25ffi10:i5 11.00 4.000 12. 9.250*10.75 11.15 2.500 1J [email protected] 11.40 4,000 151 9.500*11.40 11.50 7.000 The week’s hog market opened slow at Union Stockyards today with packers reported doing little and most of the few sales recorded being made to shippers. A few lightweights sold 10 to 15 cents higher with other classes slow and generally holding at steady prices. Receipts were average at 7,000 with 713 holdovers. Some 150-210-pound averages sold at $11.25#11.50; some 260-pound butchers at $9.50 and some weighty butchers at $8.25 @8.50. Top was $11.50. Hog Price Range Porkers in the 90-120-pourid class sold at $8.25 @9.50; 120-160 pounds, $9.50@11; 160-200 pounds, sll@ 11.50; 200-250 pounds, [email protected]; 250 pounds up, $8.25© 9.75. Packing sows sold at $6.25 @7.75. Cattle Division In the cattle department, heavy stock was steady to weak and vealers up. Top for vealers was $16.50. The sheep market held unchanged with receipts estimated at 500; —Hogs— Receipts. 7.000: market for lights generally 104/ 15c higher: others little changed. 90-130 lbs 3 8.35ff/i'9'"?o 120-160 bs 9.501111 00 160-200 lbs 11.004/ 11.50 200-250 lbs 9.504*11.40 250 lbs. up 8.254* 9 75 -CattleReceipts, 700; market steady. Beef steers $10,504(13.00 Beef cows 6.254/i 8.25 Low cutters and cutter cows.. 4.254/ 525 Bulk stock and feeder steers.. 7.254* 8:25 —Calves— Receipts. 400; market steady to rising. Vealers $15.50 down Heavy calves 6.504110.00 —Sheep and Lambs— Receipts, 500; market steady. Top fat lambs ..$13.50 Bulk fat lambs 12.504(13 50 Bulk cull lambs 7.004*10.00 Bat ewes 4.504* 6.50 Other Livestock Bu Times Special , LOUISVILLE. Aug. 15.—flogs—Receipts, 2.400; market steady; tops. $10.90. Cactie Receipts, 1,300; market active, steady. Calves—Receipts, 1,000; market, steady; good to choice, $12@14; medium to good. [email protected]; outs, $9.50 down. Sheep— Receipts, 4,000; market steady; mixed lambs, $12.75; ewes and wethers, $13.25; seconds. $8; sheep. $3,504*5.50.

STANDARD OIL PLANE ARRIVES AT AIRPORT Local Manager Makes Trip from Chicago in Huge Ship. The giant Standard Oil Company monoplane Standolind arrived at Mars Hill airport this morning for a three-day stay. J. C. Marshall, local Standard Oil manager, and his wife, and Henry L. Dithmer, representing the Chamber of Commerce, made the trip in the plane from Chicago. The plane this afternoon began a series of flights on which State and city officials and local business men are to be guests. Harold Judd, 20, of 767 De Quincy St., crippled youth, was to be one of the passengers this afternoon as a result of arrangements made by The Times.

MILLER LIMIT EXPIRES Decision on School Superintendency Is Expected Tuesday. Charles L. Miller, Indiana Superintendent of Public Instruction, is expected to announce acceptance or rejection of the Indianapolis superintendency at a special school board meeting Tuesday morning. Miller was , given until Tuesday by the board to make known his decision. Bids for unilateral windows at Schools 25 and 52 and for sale of several old houses, selection of architects and engineers for the new Technical High School auditorium and report of Joseph F. Thornton, acting superintendent, on miscellaneous appointments are scheduled to come before the meeting.

BROWN-HAIRED GIRL, 18, MINERS ’ BEAUTY QUEEN Miss Mary Ohdo Wins at District 11 Picnic iu Terre Haute. Bp Times Special TERRE HAUTE. Ind., Aug. 15._ Brown-haired Mary Ondon, North Terre Haute, today is the beauty queen of Indiana's coal fields. She was declared winner of a contest held Sunday here at the thirteenth annual picnic of District 11, United Mine Workers of America. Twenty thousand oersons attended the picnic, originally set for Saturday, but held over until Sunday on account of bad weather. The beauty, queen is 18 years olci the daughter of Mr. and Mrs. John Ondo. She weighs 109 pounds, has blue eyes and curly hair. She has won several other contests here. Experts In beauty declare her a “perfect 34.”

TRAIN SEVERS HEAD Wife Reports to Police; Learns Body Is Husband’s. Bu United Press CAMDEN, N. J., Aug. 15.—Reporting to police she had seen a decapitated man beside the Reading Railroad tracks at Oaklyn, near here, Mrs. Walter Hughes recovered" from the shock to learn an hour later that the dead man was her husband, Walter Hughes, 62. Hughes was killed when he attempted to pass in front of a speeding Atlantic City express. His headless body was left in a sitting posture beside the tracks.

THE INDIANAPOLIS TIMES

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—V'lnesap. $3.50. New apples—Transparents, 40 lbs., $34 3.50: Duchess. $2,504*3; Wealthys. $2.50 @3. Apricots—California. $2 crate. Bananas —4t*sc lb. Cantaloupes—lndiana, standard crates. $3.50; flat crate. $1.50. Cherries—California. $4.50 (15 lbs.). • Grapes—California seedless, $2 box. Grapefruit—California. $4.50 crate. Honeydew Melons—s 2 crate. Lemons—California. SB4/9. Limes—California. $3 per hundred Oranges—California Valencias, crate. $5 418.50. Huckleberries—Virginia. $3 fifteen lbs. Peaches—Elbertas. $4.50 bu. Pears—California. $4.50 bu. Pineapples—Cuban. $34/ 3.50. Plums—California. $2.254*2.75 crate. Watermelons—Georgia, average 3° lbs.. 75c. VEGETABLES Beans—Stringless. $2 hamper: H. G. lima. 65c lb.; Kentucky Wonders. $1.75 bu. Beets—H. G., 30c doz.: $2.50 bbl. Cabbage—H. G.. $2 bbl. Carrottsl—H. G.. 35c doz.; bulk, $1.50 bu. Cauliflower—H. G.. $2.25 crate. Celery—Michigan. Highball. [email protected] crt. Corn—Kentucky. 35c dozen. Cucumbers —Hothouse. $1.25 dot. Eggplant—H. G.. $3 doz. Garlic—California, 15c lb. Kale—H. G . 65 bu. Lettuce—California, head. $6.50@7 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. yellow Bermuda. $1.90 bu.; Walla Walla yellow, 100 lbs.. $3.50. Parsley—H. Q.. 50c dozen. Peas—H. G.. HO lbs., $7. Potatoes—Virginia Cobblers. $3.75 bbl.: Kentucky Cobbler.’, $3.75@4. Rad’shes—H. G.. white. 40@50c: red. 40 t*soc: K O. buttons. 75c dozen. Sweet ?otatoes—Alabama, $1.50 hamper. Spinach—H. G.. 75c bu. Tomatoes—H. G. (hothouse). 90c@Jl. 10-lb. basket. Turnips—H. G.. $2 bu. tin Tutted Press .. _ , _ . CHICAGO, Aug. 15—Berries—Dewberries. $2,754(3 per 10 qts.; black raspberries, $2,504(3 per 24 pts.; gooseberries. $2,504/ 2.75 per 16 qts.; red raspberries. $3,504/ 4 per 24 qts. Green fruits—Apples. $24/2.75 per bu.; cantaloupes, $44i4.50 per crate: cherries, $34(3.50 per 16 qts.: grapes. 304/ 40c per basket; peaches, $2.50v3 per bu.; pears. $.7®2.50 per bu.

In the Sugar Market

' (By Thomson It McKinnon) NEW YORK. Aug. 15—There is considerable uncertainty as to the Immediate course of sugar future prices. Partly Influenced by the Inability to gauge the European demand. Estimates of visible world stocks place the total at this time at 3.655.892 tons, as against 4.185.191 tons last year. The Cuban supplies are scarcely more than would be required for the United S'ates. Current demand for refined Is erratic, but the statistical position must eventually control prices. Justifvlr g purchases of the late months.

CHIANG DESERTS CHINESjJRONT Leader Quits Shanghai . After Short Fight. Bu Tailed Press SHANGHAI, Aug. 15 General Chiang Kai-Shek and his bodyguard of 600 Nationalist soldiers have mysteriously deserted the active front after a brief stop here. Chiang, who led the victorious Nationalists last spring in the northward drive which gained Shanghai, Nanking. Hankow and control of the Yangtze valley, left Shanghai aboard a boat for Ningpo after a brief exchange of shots between French police and the Chinese bodyguard. The Chinese party sought to pass through the international settlement en route to their transport and the police tried to close the gates. The Chinese rushed the gates, firing as tjjey came. Seven police were wounded. Chiang personally ordered his men to stop firing. Reliable reports said the rout of the Nationalists north of Nanking was evidenced by the arrival of thousands of soldiers who were crossing the Yangtze River from Pukow and entering Nanking. The Northern troops were advancing behind the fleeing Nationalists. \

WILD DEPOSITORS TO OPEN HEADQUARTERS J. J. Davis. Head of League, Announces Meeting Soon. First step in permanent organization of depositors of the J. F. Wild tz Company State Bank, now in receivership, was taken today with establishment of headquarters at 1010-12 Merchants Bank Bldg. This was done following a meeting of the executive committee Saturday night. J. J. Davis, president of the depositors league, announced a general meeting of members will be held the latter part of this week ’Eugene H. Iglehart and Richard Lowther, attorneys and co-receivers, conferred with Joseph R. Williams and other depositors this morning. The receivers are preparing an analysts of the report made after an audit by the State banking department last week.

BOMB POLICE BUILDING Motive to Destroy Evidence in Robberies Probed. Bp tailed Press SYDNEY, Australia, Aug. 15. Police today attributed Saturday’s bombing of the Queensland police department building at Brisbane to a desire to destroy evidence of recent robberies. The explosion wrecked the building and awoke the entire city. Portions of the building were flung across the road, but there were no casualties.

STEAL PORCH FURNITURE Chairs, Floor FI' Mats Are Taken. Porch furniture thieves were in action Sunday night. W. F. Oberting, 951 E. Southern Ave., valued stolen chairs, fancy pillows and swing pads at $33. Charles Smith, 960 Garfield Dr., valued stolen chairs and a floor mat at $lB. Admits Shooting Girt By Timet Special ANDERSQN, Ind., Aug. 15.—Miss Alice Nighbert, 19, daughter of Police Chief Elmer Nighbert, is suffering with a bullet wound in the head and Garnet Wilkinson, 19, Markleville, who admits shooting her, is under $2,000 bond pending outcome of the injury. Wilkinson told the girl’s father that in fun he shot toward a cement pavement, the bullet glancing from it to the girL

GRAIN FUTURES RISE IN PRICE IN CHICAGO PIT Wheat and Corn Show Rising Tendency After Irregular Close Saturday. Bu Tailed Press CHICAGO, Aug. 15.—Grain futures on the Chicago Board of Trade were higher early today. Opening prices showed wheat %c to Tic higher; corn %c to !*>c up, and oats unchanged to V*c higher. Liverpool was slightly higher today than expected. The visible supply report due later today will show increases from four to six million bushels, according to advance estimates, while the world’s shipments for the week showed a million increase over last week's shipments. News from the Northwest continued to be bullish, with some rust reports. Com continued to receive good support early, traders holding the view that cool weather in the belts at night made the short side uncertain. Offerings were well taken as during last week’s trade. There was again evidence of outside interest in oats today due to poor thresting returns in this grain, and chances of a small harvest in the Northwest. Provisions opened unchanged. Chicago Grain Table —Au*. 15— WHEAT— Prev. Open. High. Low. Close, close Sent 1.42 1 43% 1.40% 1.42% 1.41% Dec 1.46 V, 1.47% 1.45 1.47 V, 1.45% Mar 1.48% 1.50% 1.48 1.50 1.48 V, CORN— Seut 1.12% 1.13 V, 1.10% 1.11% 1 12 Dec. .... 1.16% 1.17 1.15 V, 1.16% 1.15 V, Mar .... 1.18% 1.19% 1.17 V, 1.18% 1.18% OATS— Sept 48% .48% .47% .48’ 4 .48'% Dec 52V, .52% .51% .52% .52 Mar 55 .55% .54% .55% .55 LARD— Sept 12.45 12.52 12.45 12.47 12.40 Oct 12.55 12.62 12.55 12.60 12 55 Jan 12.95 13.10 13.00 13.05 12.92 RIBS— Sept ....11.77 11.77 11.75 11.75 11.80 Sept 93% .94% .92% .94% .93 Dec 98 .99% .97 .98% 97 Mar 1.01% 1.02% 1.01% 1.02 LOO}*

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound. 434*5c. Butterlat—Local dealers, 39 @ 40c. Eggs—Stlrctly fresh delivered t: Indianapolis. 19u20c dozen. Poultry (buying prices—Hens. 184219 c. Leghorn bens. 13@lie; roosters, large. 10 @l2c; Leghorns and small, B@l2c; broilers, lbs. up. 21 @ 23c; Leghorns and smalls. ISfclSc; turkeys, hens, 20c. young toms. 20c; old toms. 15@20c; ducks. 134* 15c: geese. 8@10c: guineas. 35c. Bu tailed Press NEW YORK. Aug. 15,—Flour—Dull and unci'anged. Pork—Steady; mess, $32. Lard—Quiet: Midwest spot, $12.50@12 60. Bugar—Raw dull: spot 96 test delivered duty paid. 4.464*4.52c; refined dull; granulated, 5.704*5.80. Coffee—Rio No. 7 *n spot. 14%c: Santos No. 4. Hil7%c. Tallow—Quiet; special to extra. 7%@7%c. Hav—Dull: No. 1. [email protected]: No. 3. 90c* $1.05; clover. $14*1.20. Dressed poultry— Irregular; turkeys. 20@46c; chickens. 204* 37c: broilers. 224/56c: capons. 304/46c; fowls. 134f 30c; ducks. 184>22c; Long Island ducks. 23® 24c. Live poultry—lnactive: geese. 12c; ducks. 124*25c: fowls. 2G4i27c: turkeys. 25c; roosters. 15c; broilers. 20® 30c. Cheese—Dull: State whole milk fancy to specials. 25%4/ 28%c; Young Americas, fresh. 25%c. Potatoes—Long Island. $1.25 4/3; Jersey. $2,234*3.25: Southern. $1.75® 2 50. Sweet potatoes—Southern, barrels. $24/4. Butter—Quiet: receipts. 7.997: creamery extra. 41 %c; special market. 424/ 42%c. Eggs—Firm: receipts, 5.988: nearby white fancy. 454/47c; nearby State whites. 35® 44c: fresh firsts. 284/30c: Pacific coasts. 31 @44c: Western whites, 384* 35c; nearby browns. 374*41c. Bu Tailed Press CLEVELAND. Ohio.. Aug. 15.—Butter— Extra In tub lots, 44%4/46%c: firsts. 41V, 4/42'., c: seconds, 38%4/39V,c; packing stock. 28c; prints. 1 to 3 cents a pound above tub quotations. Eggs—Extras, 34c; extra firsts, 32c; firsts. 27c: ordinary. 25c. Poultry—Fowls. 25c; Leghorn fowls'. 17(</ 20c; heavy springers. 2c; medium. 254126 c; Leghorn broilers, 23@24c; cocks, 164/17c ducks, .„*?„• J /? c - Potatoes—Virginia barrels. $3,254(3.35' Jersey and Maryland barrels, $3.154i'3.35; Jersey sacks. $2.80ra3. Bu Tailed Press ..CHICAGO, Aug. 15.—Butter—Receipts, 14,061: creameries. 384*38 %c; standards. 38c: firsts. 364i37c: seconds. 34ff*35c; extras 39 %c Eggs—Receipts. 17.397; ordllL*rle;, 2 ?5.? 5c: flrsts 27%®28c: seconds. 21%4f22%c; extras. 28%c. Poultry 7 cars; fowls. 24c; springs. 23 4/ 25c; ducks, 19c; geese. 154/20c; turkeys. 20c: roosters. 14%c; broilers, 24c. Cheese — Twins. 23c: young Americas. 23% 4/ 24c. Potatoes—Arrivals. 128; on track. 227: In transit, 579; Kansas and Missouri sacked Ulsh cobblers. $1,604/1.85; fancy kinds snaae higher, few sales of very poor stock i s i ,J? ew Je FS*y sacked Irish cobbler, per 150-lb. sack, few kln ? s higher; Minnesota sacked early Ohlos too lew sales to es-bar'-iVls . afyland NEGRO BEATS WOMAN IN ROBBERY EFFORT Screams Rout Thief on Bicycle; Wrist Watch Recovered. Miss Minnie Elmire, 26, employed at the home of Ferd S. Meyer, 4122 N. Meridian St., was able to work today although still suffering from pain and shock, received late Saturday night when she was beaten by a Negro who attempted to rob her near her home. Miss Elmire told police she alighted from a street car at Fortieth and Illinois Sts. and walked east a half block when the assailant, who rode up to her on a bicycle, struck her on the head and seized a wrist watch from her arm. Screams put him to rout and her watch was found later In the mud. HOLD LODGE FESTIVAL Funds Are Being Raised for New Masonic Building. * Midsummer festival of Lynhurst Lodge No. 12 Club, composed of members of Lyndhurst F. and A. M. lodge, was opened Sunday in the 5200 block of W. Washington St. Funds for anew Masonic builds g is being raised by the festival aich will last until Saturday. Hoosier Athletic Club sponsored boxing bouts on the opening night. They will be continued Wednesday and Saturday evenings. Art Mix, movie star, will entertain visitors tonight, Tuesday and Wednesday nights. Color Gas Green at Canal WASHINGTON, Aug. 15.—The War Department anonunced gasoline used at the Panama canal will be colored green to check its misuse. One gallon of dye will tint 1,500 gallons of “gas.”

Local Wagon Wheat

Local grain elevators are paying $1.27 for No. a red wheat. Other grades are purchased on their merits.

In the Cotton Market

(By Thomson It McKinnon) NEW YORK. Aug. 15.—1f you are trading on the weather, cotton Is a sale; If on the weevil, it's a buy. If you balance the one against the other ana depend on the tape. I say there is something about the way the market acts that encourages me. Cotton business Is on a big scale. It feels like old times—in rhort, a bull market. Ever since the Russians bought so much cotton in the spring I have suspected that they wet? preparing for something. Political news in Europe and Asia is bullish on cotton.

CARY ADVISED START ON FARM FORJUCCESS Fought First Big Battie With Union Labor, but Changed Views. NEW YORK.GAu.g 15.—The story of Judge Elbert H. Gary’s lh'e is another tale of “From farmer boy to capitalist,” more typical ind successful even than thsoe Horatio Alger used to write. “I have no rule for success,” he told his townspeople out in Wheaton, 111., one year recently when hs went back to the farm for a family reunion, “but I would advise every young man to get his start in the country. It makes him healthy, physically, intellectually and morally.” And Gary might have added for his own case “rich.” Gary was born on his father’s farm near Wheaton, twenty-five miles west of Chicago, Oct. 8, 1846. He was educated in public schools. Wheaton College and the University of Chicago. He started in working on the farm, and later was clerk in the court at a salary of sl2 a week. Gary a Fighter Gary was a bristling fighter. Some of his biographers have characterized him as “inscrutable and perplexing.” But there was never any doubt about him being a fighter. His first big fight of national prominence was against union labor. His policy, as publicly announced at one time, was: “Hit the first kicker on the head with a shovel and throw him out.” If this policy could be successfully carried out, Gary insisted that there would be no such thing as labor troubles. He did not believe in organized labor, he said, because the laborer himself did not believe in it. But after the twelve-hour day had been in vogue many years in the steel industry, it was Gary who sounded the note of the capitalists for a change to the eight-hour day. Despite the cost involved, he ordered it put into effect in 1923 in his own mills. Heads Steel Corporation In March, 1901, came the announcement that the United States Steel Corporation had been formed and a syndicate with a capital of $200,000,000 organized to finance it. Judge Gury became its first president and, although Morgan was the man behind the scenes, he has been generally recognized as the founder of the corporation which known as the “first billion dollar corporation.” One by one the various smaller steel Icompanies were consolidated under the United States Steel organization until today it is undisputed as the dominating factor in the world's steel trade. Through all the years which have followed Judge Gary has been the active head of the company. After a few years as president he became chairman of the board which was the position he held at the moment of his death. Always Was Optimist Throughout his career Judge Gary was one of the most interesting characters of the financial world. He always was optomistic on America's business outlook. Wall Street can hardly recall a disparaging statement from him. He preached optimism at all times. Although he owned interests in many large projects, Steel was his chief interest and he gave it all of his own time, devoting practically none to the other concerns in which he held stock. Among his friends Gary was known as far from the gruff and domineering type of man financiers are so often found to be outside the office. He delighted in social visits which friends paid to his offices and on these occasions would talk on a wide variety of subjects. The home where Judge Gary died was a few blocks from his old town house at Fifty-Seventh St. and Fifth Ave, which he built a number of years ago. In the last year it, like the homes of the Astors and the Vanderbilts, succumbed to the tide of business which had driven many private residences from Fifth Avenue, and wreckers were at work even today, destroying it to make way for a business building. v One of Richest Men After disposing of his old home, Judge Gary had lived for a time at a hotel (jn Fifth Ave., but more recently had moved to the address where he died. His country home was at Jericho, on Long Island. Just what his fortune might be no one today could say. In 1915 it was estimated at $50,000,000, but. In the ten years following it doubled, trebled or even went beyond that, financiers said today. Many persons ranked him among the upper ten of the country’s richest men. Judge Gary had been married twice. His first wife, whom he married in Aurora, 111., in 1869, died In 1902. In 1905 he married Emma Townsend of New York, who survives him. Some time ago he was understood to have made a generous financial provision for her, in the form of a trust fund. No children survive. Publishers Fined Bp Times Special • HUNTINGTON, Ind., Aug. 15. Walter H. Ball and A. J. Wilhelm, publishers respectively of the Hunt* ington Herald and Huntington Press, have been fined $lO for contempt of court by Judge Sumner Kenner in Circuit Court here. The publishers, through error, published notices relating to the annexation of College Park, a suburb, to Huntington.

NEW HOME OF DEPAOW MUSIC SCHOOL READY Old Building Remodeled — Frame Annex Is Erected. Bu Times Special v . GREENCASTLE, Ind., Aug. 15. Students of the De Pauw School of Music will hardly recognize their old habitat when they return to school this fall. The old building has been mo'ed and remodeled, and an annex added, so that it is practically anew school. The* old building, a three-story structure built forty years ago for dormitory use, on the northeast corner of Locust and Hanna streets has been moved from that location to make way for a woman’s residence —completing the quadrangle of women’s residences—to the opposite, southwest comer, of Locust and Hanna streets. It now stands beside the Bowman Memorial Gymnasium building, and faces Hanna street. Landscaping Planned * The moving necessitated cutting down of only one tree, and with the building placed far back on the lot, lahdscaping of this corner wilj make it one of the most attractive sections of the campus. Anew front for the old building is being designed. The annex, a frame structure, which will be completed by Sept. 15, has twenty-two rooms—eighteen practice rooms and four student rooms. An order has been placed for twenty new pianos for this building and anew three-manuel, thirty-two-stop pipe organ for practice purposes, to be placed in the annex. Enrollment Increases The enrollment of the music school has increased so rapidly that some kind of arrangement became an absolute necessity this spring. The increase in enrollment is believed due largely to the increasing demand for music instructors, trained persons for musical comedy, for directing choirs and for radio programs. Dean McCutcheon states that he is never able to meet the calls that come to him for graduates for work in these lines. There are to be several additions to the faculty of the music school, also some changes. Prof. Paul Lawless, who taught Dinging, pageantry and opera last spring, has resigned to open a private studio in Chicago. Miss Helen Fowler, instructor in singing, will be succeeded by Miss Edna Boles of Ooxford, Ohio. Other members of the faculty have not yet been announced, contracts in some instances not yet being completed. '

Marriage Licenses Carl Wassler. 25. 978 Stillwell, machinist. and Leona Lee. 20. 4115 E TwentyFirst. William Cocherl. 65. 623 N. Delaware, Merchant police, and Elizabeth A. Conder. Claude Lehr. 23 1118 Parker, artist, and 65. 623 N. Delaware, housekeeper. Edna Hess. 20. 2015 N. Illinois, bill clerk. Rudolph Claffey, 31. 2660 Manker. merchant. and Bessie Gray, 27, 1530 N. Illinois. nurse. Hubert Lascot. 46. 59 E. Morris, houseman and Lunea Hagstedt. 23. 59 E Morris. waitress. Robert Reese. 25. 95 N. Warman. railroad employe, and Roma Britton. 25, 1724 Brookside. nurse, Leroy Flora, 33. 1417 Euclid, salesman, and Caroline Archer. 32. Indianapolis. William Wishard. 33. Needham. Ind., farmer, and lona Brown. 34. 3149 Ruckle, teacher. Dowan Ballard. 60. 826 N. West, janitor, and Mary Summers, 54. 2106 Highland. Albert Wood. 40. Woodstock Dr., laborer, and Mamie Jenkins. 45. 2186 Dexter. Joseph Potter. 34. Bucyrus. Ohio, salesman. and Dorwell Palmer. 23. 545 N Oakland. Edward Lady. 23. Columbus. Ind., pharmacist. and Marie Conrad, 27. 735 E. Orange. Births Girls Henry and Dorothy Bemloehr, 1607 Lexington. Karl and Jerretta Schmidt. 3110 Newton. Csrl and Elma Blackwell, 2923 E. Washington. Frank and Helen Eck, Methodist Hospital. Lee and Mattie Felder. 408 Albert. Wllmer and Marie Gerringer, St. Vincent Hospital. Lawrence and Ethel Fox. St. Vincent Hospital. Ignatius and Catherine Solon, St. Vincent Hospital. Frank and Anna Colbert, 1521 Brooker. Boys Harry and Carrie Juday, Methodist Hospital. Harry and Mary Daniels, Methodist Hospital. Dale and Garnett Crane, Methodist Hospital. • Jesse and Margaret Parson. Methodist Hospital. Evans and Lydia Woollen, Long Hospital. George and Beatrice Hazelwood, Long Hospital. Tllford and Leeta Jones, 217 W. Fourteenth. Hubert and Emma William. 539 Miami. Frank and Phyllis Hinkle. 509 Tecumseh. Charles and Mary Anthony. 2047 Alvord. George and Katie Richey, 1352 W. Ray. William and Mary Reed, 1162 English. Pearl and Fern Andrews, 528 Colorado. Arthur and Alice Arnold. St. Vincent Hospital. Charles and Beulah Vincent Hospital. John and Theresa Noonan, St, Vincent Hospital. william and Agnes Lee, St. Vincent Hospital. Deaths Andy Rabb, 65, city hospital, chronic myocarditis. Mary Ann O'Donnell, 80. 857 E. Morris, chronic myocarditis. John Martin, 75. 328 E. Vermont, chronic myocarditis. Anna Nellie Fox, 54, 825 E. Fortieth, myocarditis. Asbury Stevens. 72. city hospital, myocarditis. Frank C. Chamberlain, 56, 640 Eastern, cerebral hemorrhage. Selma Otto. 61, Methodist Hospital, cerebral hemorrhage. Della Knopp, 57, Norway’s Sanitarium, encephalitis. Sarah J. Felsman, 61. Central Indiana Hospital, broncho pneumonia. Ralph Leroy Crane. 2 hrs., Methodist Hospital, premature birth. Luella Clark. 85, 341 W. Fourteenth, carcinoma. James Preston Chesline, 7. 1117 S. Randolph. diphtheria. George J. Leppert, 4, St. Vincent's Hospital, colitis. Levi Anderson, 66. 1208 Kappes, cnronlc endocarditis. ASK TO BUY RAILROAD Pittsburgh & West Virginia Line Would Control Wheeling. Bu Vailed Press WASHINGTON, Aug. 15.—The Pittsburgh & West Virginia railway applied to the Interstate Commerce Commission today for permission to acquire control of the Wheeling & Lake Erie railway by purchase of capital stock. Tobacco Enemies Meet Bv Times Special WINONA LAKE. Ind., Aug. 15. Enemies of tobacco from all parts of the Nation were here today for the opening session of the tenth annual convention of the Nc-To-bacco League, which will continue through Tuesday. Charles M. Fillmore, Indianapolis, is general secretary of the organization.

AUG. 15, 1927

UNION COUNCIL HERE Mine Worker Chiefs act Routine Business. i International executive council of the United Mine Workers of America which opened a week’s session at headquarters here today has no direct bearing upon the bituminous mine suspension which has been in effect since April 1, union officials said. Affairs of the suspension are governed by the union’s policy committee and the executive council is meeting to transact ‘ routine business,” officials said. International officers including, John L. Lewis, president; Phillip Murray, vice president; Thomas Kennedy, secretary treasurer, and district leaders from all bituminous districts, are attending the meeting. The policy committee is subject to call by Lewis at any time, but officials refused to discuss the probability of such a call following the present meeting.

MOTION PICTURES

Wi Ki ukcie

PaidToLove : with GEORGE O’BRIEN ! VIRGINIA VALLI WILLIAM POWELL What a Story! Aru Apache paid to . love a prince! j “COLLEGIANS” ' AND ON THE STAGE 3 AL ' LENTZ i and his HOT Recording * Orchestra ' When we say HOT we MEAN hot , Comedy—News—Fable—Chat ,

CAll AHANS s tpe i MURPHYS * L' , a-.

@o2Ug> JOHN GILBERT “12 MILES OUT” ERNEST TORRENCE jftAN CRAWFORD WHIRLWIND COMEDY, FOX NEWS. EMIL SEIDEL AND APOLLO MERRYMAKERS, EARL GORDON. ORGANIST.

4gfig)i

RETtRN OF “THE COVERED WAGON” WHiBLffIMD fOMEPT PATHS NEWS RUTH .NOLI.KK, Organologa*

AMUSEMENTS

Nicholas & Company PRESENT REVUE D'ART WARD & DIAMOND FREITAS HAWAIIANB CONN & ALBERTS WEST, GATES & KANE JULES, FUERST & CO. Markwith Bros. & Eddy Eddy Dally Pipe Organ Recital by Lester Huff Starts 12:40 Noon Ikuors Open 12:30

nfiflTE! N ° w! lilllßl PJ Mats. Wed., Sat. THE STUART WALKER COMPANY Farewell to George Gaul, Vivian Tobin, Lurry Fletcher In “THE WOLF” NEXT | puanili ELIZABETH WEEK iMIIAnHII PATTERSON Week beg. Aug. 29 is the one and only week open for theater parties.

lonite md All Week POLLYANNA |U With • IIDABELL ARNOLD I Mat. Wed.. Thurs.. Sat. at 3:15 I NEXT WEEK—"THE WHOLE I TOWN’S TALKING"