Indianapolis Times, Volume 39, Number 85, Indianapolis, Marion County, 18 August 1927 — Page 12
PAGE 12
BULLS ASSUME CAUTIOUS VIEW OF STOCK LIST Profit-Taking and Short Soiling Follow Opening; Steel Up; Motors Down.
Average Stock Prices
Average of twmty Industrials Wednesday was 184.30 up .94. Average of twenty rails was 139.88 oft .48. Average of forty bonds was 97.86 up .06. Bu United Press NEW YORK, Aug. 18.—A more cautious attitude toward the stock market was exhibited at the start of trading today, followed immediately by profit-taking and renewed short selling in the early trading. Principal issues began the day, with very narrow price changes from the previous close as the financial community began to look for a secondary reaction, following the sharp recovery from last Friday’s break. Both United States Steel and General Motors were fractionally higher at the opening. Steel was at 137, up 14, on the initial transaction, but later sold off to 136 V*. Motors dropped to 225 M, after opening at 226 >4, up %. Motor shares were depressed fractionally. Chrysler dropped to 56%, losing its overnight gain; Hudson did likewise, while Packard and Studebaker held steady. Yellow Truck waCS off % at 36. Rail shares ruled steady, while oils showed a firm tendency as a result of the latest reduction in the Seminole field. Baldwin declined, as did Allied Chemical and other recent leaders of the rise. Describing the market, the Wall Street Journal’s financial review said: Industrials used in Dow-Jones averages closed at 184.85 Wednesday against a record high of 185.55 Aug. 2. This ability of speculative leaders to recover in less than a week, all but 1 % points, of the ground lost on the recent break was disconcerting to the bear element. Further short covering took place at the opening. In conection with the continued , demand for good divident stocks, buying imparted a strong tone, to the general list, ''‘cel common reached new high round on the recovery, while Bethlehem advanced to the best price, since 1923. Brisk bullish operations, went ahead in special groups like silk shares and shipping stocks.
Banks and Exchange
Indianapolis bank claartmts today were 53.399.000; debits. $6,287,000. NEW YORK BANK CLEARINGS fly I tilted Press NEW YORK. Am?. 18.—New York hank clearings, *1,015,000,000: New York clearing uhose balances. *93.000.000: New York Banks, credit balance. $89,000,000. FOREIGN EXCHANGE fly United Press NEW YORK, Aug. 18.—Foreign exchange closed steady. Sterling, demand. $4.85%francs. 3.9l’ac: lira. 5.44%c. up .OO'ic bel|a. 13.91 c; marks, 23.77%c; Montreal,
In the Cotton Market
(By Thomson & McKinnon) NKW YORK. Aug. 18. Spinners watched the market all day Wednesday without doing anything until Just before 3 o'clock when they put in closing orders - which roused quite a scramble ip the last two minutes. It seems to me that vou can depend on these buying orders whenever the market sells off end therein lies your tradng opportunity.
Produce Markets
—Auk. 18— "• Mutter (wholesale price i— Creamery, bi'st grade, a pound, 424>44c. Butterfat—Local dealers, 40®42c lb. Eggs—Strictly fresh delivered at Indianapolis. 23® 24c dozen. A Poultry (buying prices!— Hens, 19@20c; Leghorn hens, 13® 15c: roosters, large, 10 >'l2c; Leghorns and small, 14® 15c: broilers, lbs. up, 19(1/ 20C; Leghorns and smalls, 14i@15c: turkeys, hens, 20®25c; voung toms, 20®25c; old toms, 15®20c; ducks. 12® 15c; geese, 8® 10c; guineas. 35c. By T ’tilled Press NEW YORK, Aug. 18.—Flour-Firm and quiet. Pork—Dull; mess. *3l. Lard Steady; midwest spot. $12.50®' 12.60. Sugar Raw. firm; spot, 96 test, delivered duty paid, [email protected]; refined quiet; granulated, 5 70® 5.80 c. Coffee —Rio No. 7 on spot, 14c; Santos No 4, 16 3 4®17c. Tallow Dull; special to extra, 7Va4t744c. Hay Easy; No. 1, 81.25: No. 3. 90c.®*1.05: clover, *l® 1.10. Dressed poultry—Dull; turkeys, 20@60c: chickens, 20037 c; broilers, 23# 35c; capons. 30®46c; fowls, 13®31c; ducks, 18®32c: ducks. Long Island. 23® 24c. Live poultry—lrregular: geese, 12c; ducks, 12® 25c; fowls, 18©25c; turkeys, 25c; roosters, 16c: broilers. 18®29c. Cheese—Steady; State whole milk, fancy to best, 25'&28 l /ic; young Americas, fresh, 25',c. Potatoes— Long Island, $1.2503.25; Jersey, $2.50® 2.65; southern. *2® 2.25. Sweet potatoes— Southern barrels, *1.50®, 1.60. Butter Firmer; receipts, 11.085; creamery extras, 41*4c; special market. 42V©42 3 /4C. Eggs— Firmer; receipts, 14.983; nearby white fancy, 46#48c; nearby State whites, 32® 45c; fresh firsts, 2945 31c; Pacific coasts, 34®46c; western whites, 280 36c; nearby brown*, 39044 c. j By United Press CHICAGO. Aug. 18.—Butter—Receipts, 7.543; creameries, 390 40c;333. c;8 3 .c; firsts, 38c: seconds, 35® 36c: extras, 41c. Eggs— Receipts. 6.424: ordlnarles.23®2sc; firsts, 27 ’-i® 28c: seconds. 21 1 , a® 22 tic: extras. 28' ac. Poultry--Receipts. 8 cars; fowls. 23c: springs. 25c: ducks. 17021 c; geese, 15ffl20c: turkeys. 25c: roosters. 15c: broilers. 24c. Cheese—Twins. 23%c: voung Americas. 24 3 4®'25c. Potatoes—Arrivals. 45: on track. 137: In transit. 660: Kansas and Missouri, sacked, Irish Cobblers. $1.50 ® 2.10. according to quality and condition: New Jersey, sacked, Irish Cobblers. *3.50 #5.60 per 150-lb. sack: Idaho, sacked, round whites. *2.25: Virginia and Maryland. barrels. Irish Cobblers. *3.9004.10. rty United Press CLEVELAND. Ohio, Aug. 18.—Butter In tubs, 43 I ,b@45 l 4c; firsts. 40ti®41c; seconds, 37ya®38Vic; packing stocks. 28c. Eggs—Extras, 35c: extra firsts, 33c; firsts, 28c: ordinary, 25c. Poultry—Fowls. 254/' 26c; Leghorn fowls, 17# 19c; heavy springers, 27® 28c; medium, 26c; Leghorn broilers, 23®25c; cocks. 16017 c; ducks. 204? 22c. Potatoes—Virginia, barrels, $3.50® 3.65; Jersey, sacks, $3.2503.35. Bn United Print CHICAGO, Aug. 18.—Berries—Dewberries, *2.7503 per 10 qt*.; black raspberries, 52.5003 per 24 pts.; gooseberries, $2.50# 2.75 per 16 qts.: red raspberries, *3® 3.50. per 24 qts. Green fruits—Apples, $2®2.50 per bu.; cantaljupes, *3.50®4 per crate; cherries, *303 50 pre 16 qts.; grapes. 400 45n per basket; peaches, *2.5003 per bu.; pears, *202.50 per bu.
HUNT WOMAN’S PARENTS Police are seeking the parents of Mrs, Ellen Collins, 517 W. Henry St., found early today near Franklin, Ind., by Johnson County authorities. She was walking down a railroad track and told Deputy Sheriff Carl Losey she was trying to walk to her husband and baby, in Louisville, both of whom were ill. She gave the name of her father s> N. B. Collins, 1700 S. Harding St. Police were unable to locate anyone of this name, j
New York Stocks By' Thomson & McKinnon
—Aug. 18— Railroads— Prev. High. Low. 2:00 close. Atchison 1937(i 192% 192% 193% At Coast L ....195% ... 195% 195 B is O 122 119% 122 119% Can Pacific 188% ... 188>4 .88% C Sc O 193 192% 193 192 C& N W 91% 90% 91 >4 91 C R Sc P 110 109 1 8 110 110% Del & Hud 205 <4 204% 205% 204% Del & Lack 166 ... 166 166 Erie 61% 81'4 61% 61% Erie Ist pfd ... 62% ... 62% 62'4 Gt No pfd 100% 99 106 98% Lehigh Val 106 ... 106 los K C South 62% ... 62% 63 L & N 146 ... .46 146% M K <fc T 46% ... 45% 46 Mo Pac pfd .... 103 ... . 103 103'4 N Y Ccn 155% 155 155% 154% NY N H & H. .. 49% ... 48% 49 No Pacific 96 95% 95% 05% Nor & W 187 ... 187 188% Pere Marq 135 Pennsy 85% ... 65% 65% Reading 114% ... 114% 1)5% Southern Ry ...134% 134 134 134 Southern Pac ..121% 121 121% 121% St. Paul 16% ... 16% 16% St Paul pfd .... 32 ... 31% 71% StLftSW..,. 82% 82'4 82% 82 St L & S F . .113 ... 113 113 Union Pac 189 . 188 187% Wabash 66 65% 66 66% Wabash pfd 94% Rubbers— Aiax 8 7% 8 BJ4 Fisk 18% ... 16% 16% Goodrich 66 % ... 66 67 Goodyear 52% ... 52% 53% Kellv-Soe 23% 22% 23 22% U S Rubber 50% 49% 49% 50 Equipments— Am Car & F...104% ... 102% 104% Am Loco 111% ... 110’4 111% Am Stl Fd .... 54% 54% 54% 55 Bald Loco 259 258 258% 258% Gen Elec 124% 123% 124% 124 Lima 66*4 ... 65% 66% N Y Air Bk 45% Pres Stl Car 60% Pullman 150 ... 150 150 Wsth A B 182% 182 182% 181% Wsth Elec 83% 83% 83 % 83% Steels— Bethle 63% 62% 62% 62% Colo Fuel 81% 79% 81 80% Crucible 91 ... 91 91 Gulf St Stl 50%, Inland Stl 53% Phil RC & 1.... 41% 41% 41% 417. Rep Steel 68% ... 68 69 Sl-Shef 125 U S Steel 137 135% 136 13674 Alloy 29% ... 297a 29% Vanadium 56 % 5574 56 58 Motors— Amer Bosch .... 20% 20% 20% 21 Chandler ... ... 18'a Chrysler 56% 56% 567; 56% Con Motors 10% . 10%_ 10% Dodge 19 18% 187. 19% Gabriel 53 ... 53 53 General Motors 226% 224% 225% 225% Hudson 87‘4 85% 85% 86% Hupp !... 18% ... 18% 18% Jordan 17% Mack 97% ... 97% 98 Mar Par 18% . . 18% 18% Yellow Coach .. 36 34% 35 36% Nash 78% 78% 7874 78% Packard 39% 38% 38% 39% Peerless 25% 247; 25 25 Pierce Arr 1374 12% 1274 12% Studebkr 52 517. 51% 52 Stew War 64 ... 63% 64 Timken 12774 123% 127 127 Willys-Overland 17% 17% 17% 17% White Motors .. 397. 39% 39% 39% Mining— Amer Smelt . ...166%_ 16574 165% 166% Anaconda 46 s ... 4674 46% Cer De Pas 64% .. 647. 64% Inspir 20% ... 20% 20% Int Nick 65% 64% 65 65%. Kennec 6874 68% 68% 6974 Tex G & Sul 66'/. 65% 65 74 65* U S Smelt 427, 4274 42% 42% Oil*— At Ref 127 12474 126% 124% Cal Pete 23 22% 227, 22% Freep Texas .... 72% 72 1 • Y 2% 72% Houston 134 128% 133 12974 Indpt Oil 22 Marland C j. 38% 37 38% 37% Mld-C Pete .... 32 7, 31 74 32 % 31% Lago 33 327. 32% 33 P-Amer Pete (B) 58 56% 5974 57 Phil Pete 45% 447, 45% 44% Union Oil 45 44 44% 44% Pure Oil 27 74 ... 277, 27% Royal Dutch 45% ... .45% 45% Shell 27% . . 27% 28 Sinclair 17% 1614 17% 17 Skelly 28 27% 27 74 27% S O of Cal 56 55 56 55 SOOf N J 39% 38*4 39% 38% SOOf N Y 32 31% 32 31% Texas Cos 49%. ... 49% 49% Trans Pete 9% 9 9%, 9% Industrial,— ? * Adv Rumely ... 12% Allis Chaim 1067, ... 10674 106% Allied Chem ....1537, 152% 153 152% Armour IAI ... 97, 974 9% Amer Can 61 60% 60% 61 Am Linseed .... 50% 49% 49% 49% Am H L pfd. 63% Am Safety R,... 45 ... 44% 44 Am Woolen .... 22% ... 22% 22% Central 1 ig% Coco Cola 118 ... 1171% 117% Cont Can 74*4 74 747, 73% Dav Chem 52 . . 32 32% Dupont 287% 285 286% 285% Famous. Players 101 99 100% 110 Gen Asphalt 69 74 6874 697, 68% Int C Engr 517, ... 50% 50% Int Paper 577. 65% 57 56% Int Harv 190 189% 190 187% May D Stores.... 80% 79% 79% 79 Mont Ward 73% 72% 72% 72% Nat Lead ... ]l4 Owen Bot 771/. Radio 66% 651/2 66 66% Real Silk 29 25% 25% 29% Rem Type 49% 43% 44*/, 43% Sears-Roeb 73% 727, 73 72% United Drug ...170 ... 170 171 Univ Pipe 2874 ... 28 28% U 8 C I P . .. . 217 U 8 111 A1 77'4 ... 77% 78% Woolworth 169% 168% 1687, 16974 Utilities— Am TANARUS& T 1697, ... 169 169% Am Express 159 ... 157 153% Am W W 52% 52 52% Brklvn Man . 56 ... 55 54% Col Gs At El ... 96% 9574 97 96% Cons Gas 111% 111% 111% 111% Interboro 35 ... 35 35% No Am Cos 49% 49 49% 49% Peoples G 15171 S Gas and El ... 62% 6274 62% 62% West Union.... 163% Hb>nnine— Am Sand C ... 3% . 374 374 Atlantic G 37% 37% 37% 3774 In M M pfd .... 4074 3974 40% 39% United Fr 135% Foods— Sugar 88% 88 8874 88 A X Sugar 18*4 Corn frods .... 55% 5574 55 % 55% Cuba a Sue 2174 Fleischmann . . 61 60% 60 74 61 Jewel Tea 5974 Nat. Biscuit ...135% 135 13574 13574 Punta Ale 37 Postum 114% 11374 114 11474 WBk (Bl 24% ... 2474 22% Tobaccos— Am Rdma 59% ... 5974 5874 Am Tob 145 Am T (B> 14274 ... 142% 1*2% Cons Cigars 81 Oen Clears 67 Lorlllard 39% ... 39% 39% R.l Rev 136% ... 136 137 Tob P (B* 99 ... 99 99V, IT Cle St-or 35% Schulte RS . 5874 54% 56'4 ...
ARREST MERCHANT COP Faces Charge of Aiding Escape of Indian** Girls’ School Ward. Roy H. Vinson, 29, of 2108 Pleasant St„ was arrested late Wednes-, day night by Sergeant Cox and squad and charged with aiding prisoners to escape. Cox said Vinson, while working as a merchant policeman near For-ty-First St. and Washington Blvd., became acquainted with a girl ward of the Indiana Girls School, who worked for a family in that vicinity. A relative of his also met her and-the two men took the girl to visit an aunt in Kokomo, Ind„ late one night. Vinsap drove the auto, Cox charged. PLAN ‘BACKWARDS PART Clothing Must Be Worn Wrong Way at Playgrounds. A “Backwards Party,” aft which all those attending must wear their clothing backward or run the risk of being passed by in the refreshment line, will be held Monday night at the South Side Turners’ city playground. Dances, drills and stunts will be presented by the children of the playground. Patrons as well as children, have been invited. Mrs. William Blodgett, matron; Miss Hazel Gooch, instructress, and Ronald McGriff, instructor, are in charge of arrangements. Red Men to Meet. By Timet Special EL WOOD, Ind., Aug. 18.—The local Red Men’s lodge will be host this evening to members of lodges in Madison, Tipton and Hamilton counties. A proposal for eruption of a State home for aged members will be discussed.
SLOW TRADING, TENDING DOWN, FEATURES MART Porker Material Continues to Sag Slightly Under Dearth of Sales. —Hog Price Range—--IL* 9.25(210.15 11.00 4,000 12. 9.25%; 10.75 11.15 2.500 13 9.501f11.00 11.40 4,000 15. 3.504411.40 11.50 7.000 16. [email protected] 11.25 7.500 17. 9.25i& 10.75 11.00 6.000 18. [email protected] 10.75 6,000 A slow trend, ending slightly downward, was In evidence at Union Stockyards today, affecting the hog market. Lightweights exhibited the most noticable downward tendency, falling about 25 cents lower. Other classes held, about steady. Receipts were estimated at 6,000, with holdovers numbering 1,625. Top price was $10.75, with the bulk of material moving slowly at $9.25 @10.50. Hog Price Range Porkers in the 160-200-pound class sold at $10.60@ 10.75; 200-225 pounds [email protected]; 225-250 pounds $9.25@10; 250-300 pounds [email protected]; 300 pounds and up, $8.50 @9. Pigs still remained at $9.25 down and packing sows dropped to $6.75@8. Cattle Department - Cattle receipts dropped to 800 and calves stayed at the 800 mark. Vealers were still weak at $15.50 down. Odd heads rose to a top figure of $16.50. Sheep and lamb receipts dropped from 1,600 to 1,000. The market wan not fully established. Lambs early were going at $13.75@14. Market looked steady. —Hog,— Receipts, 6,500: market lower, uneven. 90-130 lbs * 8.00(yl 9.2* 120-160 lbs 9.25010.50 160-200 lbs 10.50 aT0.65 200-225 lbs 10.00® 10.50 225-250 lbs 9.25® 10.00 250-300 lbs 9.00*8 9.50 300 lbs. up 8.50® 9.00 Receipts, 800; market steady to lower. Beef steers $9.25*1,13.25 Beef cows 6.2541! 8.25 Lov/ cutters and cutter cows.. 4.25® 525 Bulk stock and feeder steers.. 7.250 8.25 —Calves— Receipts, 800; market weak. Vealers $15.00*? 16.00 Heavy calves 6.50® 10.00 —Sheen and Lambs— Receipts. 1,000; market setadv. Top fat lambs $14.90 Bulk fat lambs 13.00#14.00 Bulk culj lambs 7.00®10.00 Fat ewes 4.50® 6.50
Other Livestock Bit United Press CHICAGO. Aug. 18. - Hogs—l Soft or oily hogs and roasting pigs, excluded.)—Receipts. 31.000; market, uneven; steady to 15c lower; heavyweight, 250-350 lbs., medium to choice. 58.40*9.50; mediumweight. 200-250 lbs., medium to choice. $9 ®16.70; lightweight. 160-200 lbs., common to choice, 89.354/10.75; light lights, 130-160 lbs., comtnon to choice. $8.90® 10.85; packing sows, smooth and rough, s74(B' slaughter pigs. 90-130 lbs., medium to choice, $8.75® 10.15. Slaughter cattle and calves—Steers. 1500 lbs. up, good and choice. $11.60014.60; steer.-. *ll di 15; choice. $13,604(14.60; good. $11.35** 13.50; steers. 1100 lbs. down, choice. $13.40*T14.25; good. $10,754( 13.60: medium. *8.50*/Pi.6o: common, $7®8.75- light yearling steers and heifers, good and choice. 850 lbs, down. $10.254/,13.75: heifers, good and choice, 850 lbs. up. $8.25® 12.50: common and -neolum. all weights. *6.75® 10: Cows, good and choice, $6.504110; common and medium *5.25*i 6.50; low cutter-cutter. $4.!0*j5.25; calves, medium to choice. [email protected]; vealers. cull to choice, *9® 16.50. Feeder and stock cattle—Steers, common and choice. *6.5009.75. Slaughter sheep and lambs— Lambs, light and handyweight. 92 lbs. down, medium to choice. $10.254114.85; cull and common all weights. $9,254( 12.25: ewes, medium to choice. $44?7.25: cull and common. $1,504? 5. Feeding lambs—(Range stock i—Feeding lambs, mediu mto choice. $11,504(13.75. By United Preen CINCINNATI. Aug. 18.—Hogs-Receipts. 3,100; holdovers. 2,300; market steady to 154i20c down; 250-350 lbs.. $8®9.75; 250350 lbs., 884*9.75; 200-250 lbs.. $9,954( 10.65; 160-200 lbs., $10,504(10.85: 130-160 lbs.. *10.254( 10.75: 90-130 lbs.. s7® 10.50; packing sows. $6.50® 7.25. Cattle—Receipts. 600. Calves—Receipts, 500: market, steady: beef steers, $9.504?12: light yearling steers and heifers, $64? 11.50: beef cows, $5.75® 7.50: low cutter and cutter cows, $44?5.25; vealers, sl2*/15.50: bulk stock and feeder steers. sß®9. Sheep—Receipts. 3,900: market, steady: top fat lambs. $14.50; bulk fat lambs, *11W14.50: bulk cull lambs, *7 @9; bulk fat ewes, $4.504(6.50. Bn Times Special LOUISVILLE. Aug. 18.— Hogs—Receipts. 800; market steady to 15c lower; tops. *10.60. Cattle—Receipts. 200; market steady. Calves—Receipts. 200; market steady: good to choice, $124? 14: medium to good,' $9.50® 11.50; outs, $9.50 down. Sheep —Receipts. 1,000; market steady; mixed lambs. sl3; ewes and wethei% <13.50; seconds. $8; sheep, $3.50#5.50. Bit United Press PITTSBURGH. Aug. 18.—Hogs-Receipts, I, market, mostly steady to 25c down; 250-350 lbs.. 19*810.25; 200-250 lbs.. $10.25 @11.25: 160-200 lbs., $11.25011.50; 130160 lbs., $10,754(11.25; 90-130 lbs.. $10.50 *<10.75; packing sows. $7,304*8. Cattle— Receipts, none. Calves—Receipts, 75: market, slow' and steady: beef steers, $10.50 @12.75; vealers. [email protected]. Sheep—Receipts. 300; market, slow and steady; tep fat lambs, $14.25; bulk cull lambs, s*4f> 10.50. Bi/ United Press EAST BUFFALO. Aug. 18.—Hogs Receipts. 1,600: holdovers. 992: market steady to 25c off; 250-350 lbs.. [email protected]; 200-250 lbs.. $10,504( 11.25; 160-200 lbs.. $11,154* 11. 130-160 lbs.. [email protected]; 90-130 lbs., $10.75011.25: packing .. $7.5008.25. Cattle—Receipts, 150; calves t-roots. 150; market steady; vealers, l'.Joyl7. Sheep —Receipts. 100: market .-U'.iy, top fat lambs. $14.50; bulk culi ir.mbs, $10®11; bulk fat ewes, ss.bo@7. Bn United Press CLEVELAND, Aug. 18.—Hoes—Receipts, 2MO\ market 354(50c down: 250-350 lbs.. $8,254(9.60; 200-250 lbs.. $9,604/ 11; 160-200 lbs.. *11: 130-160 lbs., *10.504/ 11: 90-130 lbs., *10.50: packing sows. $7.5008.75. Cat-tle-Receipts, 400; calves, receipts 750; market slow, steady; beef steers. $9®9.65; beef cows. *[email protected]; low cutter and cutter cows, [email protected]: vealers. $154(18. Sheep —Receipts. 800; market steady to strong: top fat lambs, $14.25; bulk fat lambs. 014 4(14.25: hulk cull lambs, $104(12; bulk fat ewes, $4.5007.
In the Sugar Market
(By Thomson & McKinnon) NEW YORK. Aug. 18.—There is a much more confident tone to the sugar market this morning which seems to have as its basis the more active European demand. Most of this seems to come from the United kingdom where earlier estimates seem to have fallen down. The general opinion is that September liquidation l as been pretty wel accomplished and that no very large amount will be tendered for delivery of Fept' jiber contracts on first notice day which wil be Aug. 26 or thereafter. There is some apprehension as to the effect of withdrawals of a number of steamers for the Cuban trade for use elsewhere and an advance m freight rates Is among the possibilities. The time seems to be approaching when supply and demand conditions will once nore e -!■ lowed to have their sway, which should strengthen the late deliveries.
Local Wagon Wheat
Local grain elevators are paying $1.29 for No. 2 red wheat. Other grades are purchased oft their merits. Attack Attempt Alleged By Timet Special SOUTH BEND, Ind., Aug. 18.— Willie Lee, 23, Negro, Bloomington, 111., is held here accused of attempting a criminal assault upon a 13-year-old girl. After fleeing from the girl’s home Lee was captured after a long chase by a force of railroad section men who were working near the house.
THE INDIANAPOLIS TIMES
Commission Row
PRICE TO RETAILERS —Aug. 16— FRUITS Apples - Box apples Winesap. $3.25 New apples—Transparents, 40 lbs., s3® 3.50; Duchess. $2.50ta3: Wealthys. $2.50 @3. Apricots—California, $2 crate. Bananas —4®sc lb. . _ _ Cantaloupes—lndiana, standard crates. $3; flat crate, 814*1.15. Cherries—California. $4-5(1 (15 lbs.). Grapes—California seedless. $2 box. Grapefruit—California, $4.50 crate. Honeydew Melons—s 2 crate. Lemons—California. $8®8.50. Limes—California. $3 per hundred Oranges—California Valencias, crate. $5 ■Virginia. $3 fifteen lbs. Peaches —Elbertas, *4 50 bu. Pears—California, $4.50 bu. Pineapples—Cuban, $34i3.50. Plums—California. [email protected] crate. Watermelons —Georgia, average 30 lbs.. 75c. VEGETABLES „ _ Beans—Stringless, $2 hamper: H. O. lima, 65c lb.; Kentucky Wonders. $1.75 bu. Beets— H. G.. 30c doz.; $2.50 bbl. Cabbage—H. Q.. $2 bbl. _ Carrolls—H. a.. 35c doz.; bulk. $1.50 bu. Cauliflower—H. G.. *3.26 crate. Celery—Michigan, Highball, $101.25 crt. Corn—Kentucky, 35c dozen. Cucumbers—Hothouse, *1.25 doz. Eggplant— K. 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; ,1. G. Sreen. 45c dozen; H. G. white Bermuda, $3 u.; H. G. yellow Bermuda, $1.90 bu.; Walla Walla yellow, 100 lbs.. $3.50. Parsley—H. 0., 50c dozen. Peas—H. 0., 50 lbs.. $7. , .., . Potatoes—Virginia Cobblers. $3.75 bbl.; Kentucky Cobblers. )7 Rati ICS— H. G.. w.ilte, o@soc; red. 40 4? 50c, G. button - ;, 75c dozen. Swic. Potatoes—Alabama. $1.50 hamper. Spinach—H. G.. 75c bu. Tomatoes—H. Cl. (hothouse). 90c®$l. 10-lb. basket. Turnips—H. G.. $2 bu. Marriage Licenses Trank M. Jett, 814 E Twenty-Fourth, knitter, and Marian M. Elliott, 16, 824 E. Twenty-Fourth. ... . Merritt 8.- Osborn. 29. Eetrolt. Mich., assistant theater manager, tnd Mary Wynn. 32, 3180 Graceiand. teache. - . harry C. Welborn, 22. Maxwell. Ind.. freight checker, and Htldied Hedrick. 20, Lawrence, Ind., office worter. Patrick T. Kelly, 31. 439 Ketcham. draftsman, and Agnes Gurney. 29. 328 N. California. _ __ _ ... John M. Arsdell, 31. 1019 N. Bevtlle, recreation director, and Margaret Moneymaker. 21. 2103 W. Jackson, clerk. Henry F. Jaokson. 33. 5142 Ellenberger, decorator, and Marie E. Tansler, 24. 1925 Nowland. clerk. Frederick F. Horne. 27. Akron. Ohio, salesman, and Marv A. O'Neill, 25, 1401 E. Michigan, bookkeeper.
Births Bov Twins Lucien and Garnett Watkins, city hospital. Bovs Thomas and Margaret Dovle. St. Vincents HosDital. . . ■ Edward and Eleanor Lacey. St. Vincents Hospital. Robert and Ruth Reed. St. Vincents Hospital. Anselm and Illne Stelni. St. Vincents Hospital. Georee and Marie Waugh. St. Vincents Hospital. Clarence and Susan Toner. Bt. Vincente Hospital. _ . ... Paul and Emma Emelman. St. Vincents Hospital. Howard and Esther Larsen. St. Vincents Hospital. Victor and Marjorie DeKch. St. Vincents Hospital. . „ ... William and Bertha Pentsh. St. Vincents Hospital. _ . .... _ Edwin and Louise Luedeman. 1504 8. Randolph. Ernest and Mabel Lvnch. 426 Leeds A'e. Charles and Edna Earl. 3206 Martlndale and. Marv Harwell. 1526 N Arsenal Ave. .... Glen and Ovß Hubbard. 2908 .4. Cornell. William and Nora Fitzgerald. 942 S. W CWde and Freda Norris. 2204 Haines. T. L. and Sadie Scott, citv hospital. Thomas and Gertrude Cashlon. citv hosv>ital. George and Harriet Fairchild, city hos--01 William and Maivl Harrison, c.'tv hosDital. Paul and Queen Prenklln. citv hospital. Charles and Blanche Jines. citv hospital. Archie and Santura Coleman, citv hosD1 william and Lillian Snorden. citv hospital. John and Sophia McAndrews. 1135 Richland. Ernest and Hulda Mills. 1692 W. Rtv.rslde Dr. Gifford and Pearl Wood. 2137 N. Gale. William and Gladys Phillies. 4026 N. rilnolc. Charles and Anna Portlsh. Ind. Christian Hospital Frank snd Marian Hankins. Ind. Christian Hosnltal. Girls Clare and Helen Stevens, St. Vincent's Hospital. Hugh and Doris Dinwiddle. Bt. Vincent's Hospital. „ ... Edward and Jessie Mahoney. St. Vincent's Hospita. Albert and . ggy Nester, St. Vincent’s Hospital. Ben and Mary Bernath, St. Vincent s H Robert and Charlotte Farley, 4914 SchofErnest and Clara Hartley. 1162 Reid PI. James and Marie English. 945 N. Chester. Vernon and Tempie Plnher, 2215 Pleasant. Clarence and Marjorie Tomplins. 423 E. Ohio. William and Willie May. city hospital. Frank and Blanche Huible city hospital. John and Linen Thomas, citv hospital. Edward and Jennie Schraedel, city hospital. Calvin and Nellie Clughton. city hospital. William and Pauline Millin. city hospital. Frank and Genevieve McLlain. city hospital. Turner and Elizabeth Bell, city hospital. George and Susie Hobbs, city hospital. Carl and Catherine Wall. 1314 W. Twen-ty-Fifth. Bam and Grace Scott. 3714 Roosevelt Ave. La Rue and Edna Burgess, Robert Lnog Hospital. Charles and Frances Springer, 18 La Salle. Kenneth and Mary Hancock. Indiana Christian Hospital. Wallace ana Mabel Dunkman, 835 Villa Ave. Frank and Hazel McClelland. - 907 N. Garfield Ave.
Deaths Eliza Jane Fletcher, 57, 411 Kentucky Ave., carcinoma. Martin J. Quinn, 56, 1154 N. Belleview, chronic myocarditis. Edward W. Bray. 75, Indiana Christian Hospital, carcinoma. Edna L. Wilson. 54, 324 N. Irvington acute dlUtatlon of heart. Albert M. Lawlis. 48, 1418 B. Eleventh. Hodgkins disease. Cora Catherine Klepper, 48, Methodist Hospital, carcinoma. Etza Vestal, 84. Methodist Hospital, cerebral hemorrhage. Frank Kirsch. 69. 1222 Union, hypostatic pneumonia. Anna Tharpe, 62, city hospital, acute myocarditis. Veronica Schafer. 66, 605 Weghorst. uremia. Mary J. Hockensmith. 69, 1636 Bellefontaine, chronic myocarditis. Building Permits Charles Pedigo, dwelling and garage, 633-35 Kreber. *6.200. . Ji B. F. Keith Circuit of Indianapolis, alterations. Keith's theater. *1.760. Alvin G. Swank, dwelling and garage. 738 North Arlington. *6.100. Rov Welch.—remodel. 1002 South New Jersey. *2OO. Lee Porter, porch. 2332 North Gale. *350. Browder Ice Cream Company, repair. 918 North Senate. *2,000. C. W. Howard, alterations. 2626 East Tenth. SSOO. Thomas Daugherty, dwelling and garage. 1709-11 Montcalm. $5,500. Carrie B. Shelly, garage. 901-03 Keystone. S2OO. . „ W. G. McNew. foundation. 439 Leeds. $250. Ralph H. Bovd. dwelling and garage. 5856 Guilford. SB,OOO. Al .... Arthur Bratton, alterations. 1325 Roache. *3OO. , ... Puritan Finance Company, dwelling and garage. 1113 Bacon. *2.650. Puritan Finance Company, dwelling and garage. 1550 E. Tabor. $2,750. Puritan Finance Company, dwelling and garage. 2821 Indianapolis. $2,150. Theresa Letztneer. dwelling and garage. 1308 Dscxel. *3.650. N. E. Baker, dwelling. 3041-43 School. Will Hatcher porch. 1421 Cornell. *2OO. D. Palamara. basement. 816 Elm. *295. Edward Hiatt, dwelling and garage. 413 Bauman. *3.200. C. E. Rrownlnr dwelling and garage. 156 N. Jefferson. *2.300.
PSYCHIATRIST IS DEAD Body Found Near Island Identified as That of Dr. Salmon. Bn United Prett NEW LONDON, Conn.. Aug. 18.— A body found floating off Fisher’s Island, near here, has been identified as that of Dr. Thomas William Salmon, 51, New York psychiatrist. Dr. Salmon had been missing sinra Saturday, when he disappeared from his yacht.
WHEAT OPENS HIGHER AFTER CLOSING LOW Corn Buyers Hold Different Views of Market as Prices Vary. By United Press CHICAGO. Aug. 18.—Reacting to the‘situation in grain futures a* the close Wednesday, today's early prices were mixed and wheat opened higher than expected today. Weather in the Canadian belt was reported cool with scattered showers. The cash demand in wheat continued to forge steadily ahead despite the trend in futures. The corn element seems to be holding mixed opinions on the market. Bulls are as enthusiastic as ever on the lateness of the crop and cool nights, but these factors have swayed the market so long that they are losing some of their effect. Cash corn premiums continued to gain on futures. News in oats was unchanged, and operators in this grain were inclined to follow the lead of other pits. Provisions opened unchanged. Chicago Grain Table —Aug. 18— WHEAT— Prev. Open. High. Low. Close. close. Sept.. 1.42% 1.42% 1.41 1.41% 1.42% Dec... 1.47% 1.47% lAS’, 1.46 1.47% March t. 50% 1.50% 149 1.49 1.50 V, CORN— Sept.. 1.13 1.13% 1.11% 1.12% 1.11% Dec... 1.16 1.17% 1.16% 1.15% 1.15% March 1.19% 1.20 1 18% 1.18% 1.18% OATS Sept.. .47% .48 < % .47% .47% .48 Dec. . .51% .52% .51 s , .51% .51% March As*/ .55% 54% 54% .54% RYE - Sept.. .95% .96% .95% ,95 s . .95 s , Dec.. 1.00 1.06% .99 .99% .99% March 1.02% 1.03% 1.02% 1.03 1.02% LARD— Sept.. 12.47 12.50 12.45 12 47 12 47 Oct.. 12.62 12.62 12.57 12.60 12.60 Jan . 13 05 13 10 13 02 13.05 13 05 RIBS Sept. 11.85 11.85 11.80 11.80 11.85 PLEA OF ILL HEALTH WINS MAN LENIENCY Grand Larceny Charge Reduced to Petit Larceny. A olea of ill health won leniency for Jack G. Ferguson, 29, Kipley £v?. and Thirty-eighth St., charged at municipal court today with vehicle taking, unlawful possession, burglary and grand larceny. With a companion, Joseph Wellman, same address, Ferguson was charged with stealing a truck from a neighbor's garage and using it to haul SIOO worth of lumber away from a house under construction at Thirty-second and Bancroft Sts. Ferguson told Special Judge Henry Winkler he had been running a chicken farm since his doctor ordered him to work outside and needed the lumber for additional chicken houses. The grand larceny charge was reduced to petit larceny and Ferguson and Wellman were fined $5 and sentenced to thirty days on the State Farm, following a plea of guilty.
STATE RESTS ITS CASE AGAINST KING BEN CULT Closing Briefs Will Be Filed on Sept. 26; Hear Arguments. Bn United Press ST. JOSEPH, Mich., Aug. 18 Three and a half months of court sessions filling 12,500 pages of testimony with charges, denials, counter-charges and rebuttals ended here late yesterday when the State rested its case in the hearing to dissolve the House of David as a public nuisance. Sixteen witnesses in rebuttal had consumed most of the day prior the announcement. Judge Louis H. Fead then set Sept. 26 as the date for filing of closing briefs and hearing of arguments. FLOODS STILL RAVAGE .KANSAS AND MISSOURI Business Section of Salina Is Running Stream. By United Press KANSAS CITY, Mo., Aug. 18.— Floods continued to ravage parts of Kansas and Missouri today. While rain was reported ended in the affected areas, there was fear of continued rise. The business section of Salina, Kan., was flooded, waters of Dry Cre/k and Smoky Hill River running through the streets to a depth of from one to four feet. A further rise was expected to r?ach Carthage and Joplin, Mo., today in the Spring River. Nearly a thousand tourists were marooned at Carthage.
LOOT CADDY HOUSE Two Youths Are Held, Charged With Burglary. Bliss Petrie, 16, of 6346 College Ave., and Fletcher Hockman, 16, of 272 Lavrock Rd., are held in the city prison today charged with burglary and grand larceny. The pair are alleged to have entered the caddy house at Meridian Hills Country Club and stole golf equipment, the property of Duck Nelson, golf professional, valued at S3OO. Chick Nelson, golf manager at Riverside municipal course; Detective Harley Reed and Motorpolicemen Cooney and Okey, who made the arrest, recovered about $l7O worth of the loot, they said. SPLIT DRY TERRITORY Ohio and Michigan Made Separate Enforcement Units. Bu United Prett WASHINGTON. Aug. 18.—Assistant Secretary of the Treasury Lownian today separated Ohio and Michigan for purposes of dry law enforcement and named Thomas E. Stone, present deputy administrator at Cleveland to head anew Michigan bureau at Detroit.
FILM COLONY THINKS CHAPLIN SUIT ENDED Predict Wild Charges Will Never Be Aired in Court. By Uniiid Press HOLI” WOOD Cal.. Aug. 18.— With nxt air of deep secrecy clouding the activities of principals in the Chaplin divorce case, the film colony today heard persistent reports thatr a settlement had been reached. “The Charlie Chaplin suit will never be aired in court.” was the word which filtered through. Added to this were reports that Lita Gray Chaplin is to receive *850,000 in cash and the custody of the two children. The trial is scheduled to open Monday.
THE CITY IN BRIEF
FRIDAY EVENTS Optimists' Club luncheon. Claypool. Gyro Club luncheon. Sptnk-Arms. Phi Delta Theta luncheon. Chamber of Commerce. ~ , Exchange Club luncheon. Lincoln. Delta Tau Delta luncheon. Board of Tl Krn(?hts of Columbus luncheon. SpinkArms. Six men found under the W. Washington St. White River bridge, late Wednesday night, were arrested after Charles Jones, Negro, houseman of Dr. Oscar Jones, 1812 W. Washington St., told of being beaten and robbed of $52. Jones was crossing the bridge when attacked by three men, he told police. A tire tlef eluded police eaYly today,but dropped his loot, which was recovered. Patrolmen Padgett and O'Brien saw the man at 900 Edison St. When he sighted the officers he ran. They pursued, but lost the trail in the dark alleys. At the point where the chase began the officers found a Goodyear tire. j Seventy-nine persons have submitted essays in the final contest of the Indianapolis Real Estate Board, it was announced today. Subject of the contest is “Why I should Out. a Piece of Indianapolis.” It will close next Thursday and ten home sites will be awarded as prizes. Homer Dupee’s Pyramid Serenades Orchestra will furnish music for the E. Tenth St. elevation opening celebration tonight at E. Tenth St. and Sherman Dr. Riverside Park was the scene of one of the season's biggest picnics Wednesday when approximately 15,000 customers of Purity Bakery Company attended the company's picnic and outing. The company g ve more than 150 prizes, including two bicycles. The Nature Study Club will hole' a picnic supper Saturday at Ellenberger Park. The following Saturday afternoon and evening a program has been arranged at Forest Park Noblesville. Howard Miner of the boys’ preparatory school will talk on “Planets, Stars and Constellations.” at Ellenberger Park. Arrangements are in charge of Miss Laura Greeley and Miss Elizabeth Mason. Four Federal prisons.."* were bound over to Federal grand jury by U. S. Commissioner Fae W. Patrick today, on charges of liquor conspiracy. They were Earl V. Johnson, Negro, of 614 E. Miami St.; Emmett Williams, Negro, of 731 W. Walnut St.; John and Willa McMurray, Negroes, and Michael E. Dillon, white. 3111 four were held under $2,500 bond. Florence Wainscott, 30, of 2507 Troy Ave., and Hazel Reynolds, alias Ruth Mock, 24, of 2507 Troy Ave.. were arrested late Wednesday night when a raiding squad, headed by Sergt. George Lowe, found 120 bottled quarts of beer and twenty gallons brewing, at the above address. Both were charged with operating a blind tiger. 1
Max Samuels, 43, Negro, 1214 E. Fourteenth St., is in city prison today charged with assault and battery with intent to kill. He was arrested Wednesday night after he was alleged to have stabbed Mrs. Mattie Goodman, Negro, 2805 Columbia Ave., in an argument over furniture in her home.
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Ain’t Nature — Down around Petersburg, Ind., the lovers of strong drink cut the top out of a pumpkin, placed sugar inside, put the top back and let Nature brew a dry law violating drink. Felix Farrow, Evansville mail superintendent, reports the natural way of anti-Volsteading. Topsy, a pony owned by Mr. and Mrs. C. L. Hyatt, Greensburg, wants toast for breakfast, and usually gets it. At the A. F. Venner farm, near Hartsville, a bantam hen has taken over a quail mother’s job and stays at the nest to hatch sixteen quail eggs.
SHOW PROGRESS IN BEEKEEPING Exhibits at to Compare Old, New Methods. Progress made in beekeeping ih Indiana will be shown by the exhibit at the Indiana State Fair, Sent. 3-10, now being prepared by State Apiary Inspector Charles O. Yost. Comparative methods of the beekeepers of seventy-two years ago and today, educational literature on modem beekeeping and exhibits of paraphernalia and products will be shown. This exhibit of the P ate Conservation Department will occupy a prominent setting in the south wing of the Horticultural and Agricultural Building. It is planned to show how the early beekeeper handled bees in a hollow log, nail keg or section of a barrel. The modern improved methods takes ten times as much honey, of far better quality, from a single colony of bees, Yost said. “Seventy-two years ago the State had many famous bee hunters, who cruised the forests in search of bee trees,” he declared. “Later, when times began to wane, some pioneers hived wild bees in hollow logs, kegs and the like. Wild bees flourished in the great Kankakee marshes and likewise in southwestern Indiana, where one smaU town for a while bore the name of Beehunter. 1 ’ In Yost’s opinion, Indiana bees this year will produce at least 10,000,000 pounds of high grade honey. Normal annual production ranges from 6,000,000 to 8,000,000 pounds. MADISON COUNTY FARM BUREAU HEAD ACCUSED Henry Shuman Taken on False Pretense Charge in Georgia. By Times Special ANDERSON, Ind., Aug. 18.— Charged with obtaining money under false pretenses, Henry Shuman, Lapel, president of the Madison County farm bureau, is en route here in custody of Sheriff Frank Daniels, Madison County, following arrest in Macon, Ga. Shuman, it is charged, obtained $640 illegally from the Wellington Milling Company here as payment for barley which he did not own. His books at the farm bureau are being checked to ascertain whether or not there is a shortage in accounts.
INJURED IN CRASH Carl Frye Suffers Severe Injuries in Accident. Carl Frye, 2757 N. Gale St., was reported improved in condition today at the Frankfort (Ind.) hospital, where he was taken late Wednesday after an auto accident one mile north of Flackville, Ind. Repor/s were that the youth, a student at Technical High School, was riding in an auto with George Sibrel, 2305 Langley Ave., when it collided with another auto that did not stop. The Sibrel auto was hurled into the ditch and Frye through the windshield. The youth’s parents are visiting in Frankfort and he was taken back there.
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SUNSET TRAILS' LURE CAPTURES 1 OUR PRESIDENT Coolidge Dashes About From One Round-up to Another. BY PAUL R. MALLON United Press Staff Correspondent RAPID CITY. S. D., Aug. 18.— President Coolidge, who has been known as the Jeast traveled of modern Presidents, has fallen victim to the lure of the road since his announcement that he does not “choose” to be a candidate for reelection. Word was passed from executive offices today that Mr. Coolidge Is arranging to spend much of his time on the rails until his arrival in Washington some time in September. If Mr. Coolidge’S' announcement of his present extensive itinerary had been made before his statement that he dots not choose to be a candidate, politicians here say it would have been said that he was conducting a whirlwind campaign of the West. On Go All Tjme Since his arrival out here Mr. Coolidge has taken more trips than in his four years in the White House. He has gone to every round-1 up, fair and spectaole to which he' has been invited, and his special train has been kept constantly ready for jburneys. Today he entered upon an allday trip by special train to Hot Springs, S. D,, where to visit Battle Mount* i National Sanitorium for war ve ’tans. Next Sunday night he is to set out on a ten-day tour which will take him to Sheridan, Wyo., Billings, and Livingston, Mont , and through Yellowstone National Park. This program follows the journey of 165 miles to the Pine R'rige Indian show yesterday. Dedicates Library Then It has been learned that he intends to dedicate a library at Brookings, S. D., on his return. Present plans also call for a visit to his farm home in Vermont on his way back to Washington. Just when the return journey is to be begun has not been definitely decided. The President hopes to stay until Sept. 18, and Rapid City has offered to delay opening of school until, that time so he may continue to use the schoolhouse as executive offices. HILL TO CONFER WITH STEVE AT STATE PRISON Attorney to Discuss Plans to Speed Habeas Corpus Arfion. Attorney Lloyd O. Hill will leave tonight for Michigan City, where hej will confer with D. C. Stephenson, former Klan dragon, now serving life sentence for murder in Indiana State penitentiary, on the proposed Federal suit designed to speed up action cn the habeas corpus, now pending on appeal before the Indiana Supreme Court. “Nothing definite has been decided regarding the Federal suit,” Hill declared today. “It w6ll be only one of many things to be discussed." Hill stated that he would also confer with Robert Moore, Michigan City attorney for the prisoner.
ADDRESSES FARM MEETS Congressman Rainey of Illinois Will Tour State. Congresman Henry T. Rainey of Illinois will address a series of Farm Bureau meetings, beginning Aug. 23, at Connersville, Ind A member of Congress for the last twenty years, Rainey was one of the leaders in the fight for the McNary-Haugen bill. Hit talks will be for the purpose of explaining the equalization fund plan of farm relief. After the Connersville meeting hi* schedule will be: Aug. 24, Richmond; Aug. 25, Vallonai; Aug. 26, Greensburg, and Aug. 27, Newcastle.
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