Indianapolis Times, Volume 39, Number 87, Indianapolis, Marion County, 20 August 1927 — Page 11

AUG. 20, 1927

STOCK PRICES MOVE fIIGHER ON WALL ST, Short Covering and Further Buying Brings Stocks Up at Close.

Average Stock Prices

Average of twenty Industrials Thursday was 184.15 off .15. Average of twenty rails was 139.94 up .28. Average of forty bonds was 97.97. up .11. Bu United Press NEW YORK, Aug. 19.—Short covering and further buying brought prices into higher ground after irregularity in the early session on the Stock Exchange today. Steel, General Motors and other pivotal issues gained ground, while specialties and chain store issues rose in improved demand. Woolworth was an outstanding example of the latter class, rising into new high ground with a net gain for the day of nearly three points. DuPont was up nearly three, while substantial gains were scored by Allied Chemical, Ameri- * Smelting, Atchison, Westingse and Timken Roller Bearing. Bullish. Describing the market, the Wall Street Journal’s financial review said: Trading in industrials today had all the characteristics of the bull movement prior to last week’s interruption. Funds (continued to pour into the call loan market in great abundance. Money brokers were unable to place the available offerings at the official rate of 3% per cent, although loans made today carry over until Monday. Many borrowers were able to satisfy their requirements outside at 3t4 per cent, in spite of this concession, a surplus of funds was reported at the end of the session. This comfortable credit situation elicited another vigorous response from seasoned industrials. General Motors quickly made up the $2 dividend, deducted at the opening, and added another point for good measure. Steel common, General Electric, Allied Chemical and other recognized leaders of the industrial category also pushed into new high ground on the recovery. Rails lapsed into dullness again after their spurt on Thursday. Restraiht was exercised on this group by the general belief that July earnings’ statement would make unfavorable. comparison with last year. However, the influence of these reports may be largely counteracted by the prospect of decided pick-ups this fall as the result of thle crop Movements and coal shipments. AnBfter sustaining factor in the carrier group is the steady investment buying of standard dividend rails induced by the ease of money.

Banks and Exchange

DO J*?, bank clearings today were *3,615.000: debits. *6.615.000. NEW YORK BANK CLEARINGS ' 81l I nitcil Press YORK. Ausr. 19, —Clearings. $918,000,000: clearings house balance. *95,000,000. „ , FOREIGN EXCHANGE 81l united I'm** NEW YORK. Aug 19.—Foreign Exchange closed. iregular Sterling, demand. $4.85%: Irancs. 3.91 %c: lira. 5.44>4c. off ,00%c; belga. 13.91 c: marks. 23.79 c. uo .01 Vic: Montreal. 99.848375.

In the Cotton Market

(By Thomson Sc McKinnon) NEW YORK. Aug. 19.—The English market was somewhat lower than expected this morning and weather conditions in the South more favorable. Trading throughout the morning was at a lower range than yesterday’s close, but such real weakness as the market showed was in March while October and December were relatively strong. Factors were apnarentlv shifting their hedges to as distant a position as they could find and their operations gave the market an appearance of strength which may not be as real as the surface of the market Indicates. We continue to feel that a continuance of the present favorable weather will check anv material advance, and that the market is apt to fluctuate around present prices, until something more definite develops to corroborate the recent drastic change in the trades Idea of the crop. In the afternoon trading an even greater strength in October and December as compared with the rest of the list, was the feature of the market. NEW ORLEANS High Low. .Close. ■fctober 20.14 19.42 20.13 JHcember 20.35 19.67 20.35 NEW YORK High Low. .Close. ■Tsnuarr 20.45 19.86 20.44 March 20.62 20.03 20.6* MflV 20.G5 10.17 20.63 Julv 20.32 19.99 20.32 October 20.25 19.59 20.25 December 20.45 19.85 20.45 High Low. .Close. CHICAGO January 20.45 19.86 20.45 March 29.55 20.04 20.55 Mav 2.72 20.19 20.72 October 90.15 19.51 20.15 December 20.45 19.80 24.50

In the Sugar Market

RAW SUGAR PRICES —Aug. 19— i High. Low. Close. January 7... 2.79 2.79 2,79 March' 2.75 2.75 2.75 Mav 2.82 2.80 2.81 July 2 90 2.83 2.90 July 2.90 2.88 2.90 September 2.68 2.66 2.68 December 2.79 2.77 2.79

Local Wagon Wheat

Local grain elevators are paying $1.29 for No. 2 red wheat. Otner grades are purchased on their merits. New York Curb Market —Aug. 19Bid. Ask. Aaglo American 18%. 19 Continental Oil 17% 17% Galena Signal B>4 8 % Humble Oil 62% 63 3 s Imp. Oil of Canada 49% 49% Indiana Pipe Line 68' 68% Int Pete 31% 31% Ohio OH 60 5 2 80% Prairie Oil and Gas 52% 53 Prairie Pipe Line 182'% 183% S. 0., Indiana 73 73% S. 0.. Kansas 16% 17% S 0.. Kontuckv 123 123% 8. 0., Nebraska 45% 46% S. 0.. Ohio 42% 83 Vacuum Oil 128% 128% Mountain Prod 24% 34% New Mex & Arlz Ld 10% U% Jlalt Creek Prod 29 29% Kand of Florida 21% 26 JCurtiss Aero 27% 2 # % Durant Motors, Del 8% 9 Dublller 3% 3% Sec Bond and Share 72% 72-.< ec Investors 44% 35 % Ford jof Canada 540 549 Midvale Company 37 45 National Leather 33% Reo Motors 21% 21% Service Electric 1% 1% Stubs Motor 14 15 Citiea Service com 48% fi(% Cities Service pfd 88% 88% Cities Service Bankers 23% 26 Associated Gas (A) 41% 41V. Siarmon 45% 48%

New York Stocks

"By Thomson & McKinnon

... j —Aug. 19— Railroads— Prev. High. Low. Close, close. Atchison 193% ... 192% 193'A At Coast L 195 ... 194% 195% B- & O 122% 120% 120% 121% Can Pacific 186% 185% 186 189% c. & O 193 ... 192% 192 C. &N. W 92'4 91% 92 91 c.. R. <fc P 110 109% 110 110% Del <& Hud 208*4 206% 207% 206% Del & Lack ....165% ... 164% 166 Erie 62 ... 61% 61% Erie Ist jptd .... 62% ... 62 62% Gt No pfd 99% 99% 99Vi 99% Lehigh Val 11l 108% 108% 109 K C South 62% 61 61% 61 L- & N 146 145% 146 145% M. K. & T 46% ... 46 46% Mo Pac pfd 103 ... 102 Vi 103 N. Y. Central 155% 155% 155% 155% N. Y.. N. H. & H 48% 47*1 47% 47% No Pacific 95% ... 95 95% Nor & W 187 Pere Marq 135 Pennsy 68% 65% 65% 65% Reading 116 ... 115 115% Southern Ry. ..135 ... 134% 134% Southern Pac. ..121% 121 121 121% ft. Paul 17% 16% 17 16% St. Paul pfd .... 33% 32% 32% 32 St. L. & S. W.. 87 ... 37 86% St. L. & S. F 113 ... 113 113 Union Pacific ..188% 188% 188% 188% Wabash 66% ... 65% 66% Wabash pfß .... 93% ... 93% 94 Rubbers— * AJax 8 7% 8 8 Fisk ........ 1... 16% ... 18% 16% Goodrich 68% 66% 68 66% Goodyear 52% ... 52% 52% Kelly-Spg 24 Vi 23 23% 23 Vi U S Rubber .... 50% 49% 50Vi 50 Equipments— Am Car & F....103% 102% 103 103% Am Loco 112 Va 110 111% 109% Amer Stl Fd 54% ... 54 54 Bald Loco 259% 257% 258 257 Oen Elec 128 124 127% 123% Lima 67 ... 66% 65% N Y Airbrake .. 45 ... 44% 45*/s Pres Stl Car.... 63 60% 62% 60 Pullman 150 Wsth A B 183 ... 193 182 Wsth Elec 84% 82% 84% 83% Steels— Be thle 62% ... 62% 62% Colo Fuel 80Vs ... 69% 80% Crucible 91 ... 90 91 Gulf St. Stl .... 50% ... 50% 50% Inland Stl 53% ... 53Va 53Vi Phil RC & 1.... 42% 41% 41 41 Rep Stl 69 Sl-shef 128 126 128 125 U S Steel 137% 136% 136% 136% Alloy 29 V* ... 29 29% Vanadium 56V* ... 55% 56 Motors— Am Bo 20% 20% 20% 10% Chandler 18% Chrysler 56% 55% 56 56% Con Mo 10% 10% 10% 10% Dodge 18% 18% 18% 18% Gabriel 53 52% 52% 52% Gen Mo 227 224 227% 226 Hudson 85% 84 Vi 84% 84% HUPD ..A 18Vi 18 18 18% Jordan 17 ... 17 17 Mack 101% 99% 99% 99% Mar Par ... ... 18 Yellow Coach ... 35% 34% 34% 35% Nash 79 ... 78% 78 % Packard 39% 38% 38% 38% Peerless 24% ... 24 % 24% Pierce Ar 12% ... 12% 13 Studebkr 52 51 51% 51% Stew War 64% 63% 64% 63% Timken 129% 126 127% 126% Willvs-O 17% 17% 17% 17% White Mo 41 Vi 4040% 40 Mining— Am Sr.i '“.167% 165 166*, 165% Anaconda 46% 45% 46% 46 Cer De Pas 64 63% 64 64% Inspir 19% 19% 19% 20 Int NIC 68V, 66% 66% 66*4 Kermec 68% ... 68% 68% Tex G & Sul ... 66% 65% 66% 65% US Sm 42% 42% 42Vi 42% Oils— At Ref ,126 125 125 125% <%I Pete . 22% ... 22% 23 Freer Tex 73% 73 23 72V. Houston 134% 127 Vi 128% 133 Tndpt Oil 22 21% 22 22 Marland C 38% 37% 37% 38 Mid C Pete .... 32% ... 32Vs 32% T.ago 32% 31% 32 33 Pan-Am Pete B 57% ... 56% 57% Pro fz Rcfg ... 25% ... 24% 24% Phil Pete 45% 44% 44% 44% Union Oil 44% ... 43Va 44% Pure Oil 27% ... 27% 27% R’y’l Dutch .... 46% 46 Shell 27% 27% Sinclair 17% 17% 17% Skelly 28 27% .27% 27% S O of Cal .... 55% 55Vs 56 SO of N J.... 39% 38% 30 39 S O Os N Y. .. 31% 31% 31% 31% Texas Cos 49% 49 Vs 49% 49% Trans Pete .... 9% 9 9 9% Industrials— Adv Ruml.v 12V* Allis Chain* ....106 105% 105% 105% Allied Chem .. .155’, 154 154% 153% Armour A 9% ... 9Vi 9% Aren can 60% 59% 60 60% Am H-L 10% ... 10% 10V, Am H-L pfd 63% Am Safety R ... 45 ... 45 44% Am Wool 22Vs Central L ~. ... 18 Coco -Cola 117% 116% 117% 116% font Can 75 74% 74% 74% Dav Chem .... 34% 32 34% 36% Dupont 189% 285% 287’, 286'/* Famous PI 101% 100% 101 % 101 Gen Asphlt< ~.. 70% 69% 69% 69% Int C Engr ... 52% 51 52% 52 Int Paper 57 56% 57 56% Int Harv 181% 189', 191% 189 May D Sta 80 Vi 79% 80 80 Mont Ward .... 73 72 72% 72% Nat Lead 116% 113% 115% 117 Owen Bot 78% ... 78% ... Radio 66% 64% 65 65 Real Silk 27% 25% 25% 26% Rem Type 43% 41% 42% 42% F’nrs-Roeb 73% ... 71% 72% United Drug 172 169% 171 170 Univ Pipe 28% 28 28% 28 U S C I P 217 214 215 214 U S In A1 79 ... 78 78 Woolworth 172% 169'/* 172 168% Utilities— Am T & T 169 ... 168% 169% Am Express 158 157 157% 158 Am W W 52',i ... 51% 52 Brklyn Man .... 58 57% 57% 58 Col Gas &El 96 Vs 95% 96 95% Cons Oas 113% 112% 112% 112% Interboro 37% ... 36% 37% No Amer Cos 49 Vs 49 • 49% 49% Peoples G 151% ... 151'a 151 S Gas &El 63 62 Vs 62 Vi 82% West Union 163% Shipping— Am Sand C. 3% Atlantic G ..." 36% In M M pfd 40 ... 4040% United Fruit 135% Foods— Am Sugar 90% 89 89% 88% A B Sugar 18% Com Prods .... 55% 55% 55% 56 Cuba C pfd 37 36% 37 Cuba A Sugar .. 23 22% 22% ... Fleischmann ... 61% 60% 61 Vs 60% Jewel Tea 61% to 60% 59% Nat Biscuit 134% .TV 133% 133% Punta Ale \ ... 136% Postum 114% 112% —ll3 113% WBk (Bi 24 23% 24 24% Tobaccos— Amer Suma .... 59% ... 59 59% Amer Tob 145 Am T (B) 142% 142% 142% 142% Cons Cigars 82% 81 82% 80% General Cigars 67 Lorillard 39% 39% 39% 39% R J Rev 138% 136 137% 136% Tob P (Bl 100 ... 100 99'2 U Cla Stores 35Va ... 35% 35% Schulte R S 56 55% 55% 66

Commission Row

PRICE TO RETAILERS —Aug. 16FRUITS Apples Box apples Winesap, $3. New apples—Transparents, 40 Ids., *3© 3.25; Duchess. 2.50®3; Wealthys, *2.50 @3. Apricots—California. $3 crate. Bananas—4osc lb Cantaloupes—lndiana, standard crates. $3: flat crate, *1®1.15. Cherries—California. *4.50 (15 lbs.). Orapes—California seedless. *3 box. Grapefruit—California. *4.50 crate. Honeydew Melons*-** crate. Lemons—California. *[email protected]. Limes—California. $3 per hundred Oranges—California Valencias, crate. *5 ©8.50. Huckleberries—Virginia, *3 fifteen lbs. Peaches—Elbertas. $3.’504. Pears—California. *4.63 bu. Pineapples—Cuban. S3O/3.50. Plums—California, *2.500/3. Watermelons —Georgia, average 3 n lbs.. 75c. % VEGETABLES Beans—Stringless, hamper: H. G. lima, 65c lb.; Kentucky Wonders. *1.75 bu. Beets—H. 0.. 30c doz.; *2.50 bbl. Cabbage—H. G., *3 bbl. Carrotts—H. G., 35c doz.: bulk. *1.50 bu. Cauliflower—H. G., *2.25 crate. Celery—Michigan, Highball, *1®1.25 crt. Corn—Kentucky, 35c dozen. Cucumbers—Hothouse. *1.25 doz. Eggplant—H. G., *2.50 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. *1.50 hamper. Okra-r-Tennessee. *1.25 basket. Onions —Spanish, $2.35%2.50 crate; H. G. green, 45c dozen: H. G. white Bermuda. (3 bu.: H. G. yellow Bermuda, *1.50 bu.: Walla Walla yellow, 100 lbs.. *3. Parsley—H. 0.. 50c dozen. Peas—M. G., 50 lbs.. *7. , Potatoes—Virginia Cobbler*. (3.75 bbl.; Kentucky Cobblers, *3.50. Radishes—H. G..' white, 40@50c; red. 40 ®soc: H. G. buttons, 75c dozen. Sweet Potatoes—Alabama. *1.50 hamper. Spinach—H. 0., 75c bu. Tomatoes —H. G. (hothouse), 7?c 10-lb. basket. Turnips—H. G., $3 bu. By United Press CHICAGO, Aug. 19.—Berries—Dewberries, *2.75®3 per 10 qts.; black raspberries. *2.5003 per 24 pts.: gooseberries, *28.500 2.75 per 16 Qts.; red raspberries. *3 fi11.60 per 24 pts. Green fruit—Apples. *2 (511.50 per bu.; cantaloupes. *3.5004 per crate: cherries, $3*13.50 per 16 qts.: grapes. 35fi38c per basket: peaches, *2.507)3 per bvt.; pears. per bu.

ERRATIC TREND IN EVIDENCE IN PORKERMARKET Prices Range From Steady in Some Classes to 25 Cents Lower. —Hog Price Range— Aug 12. 9.25010.75 11.15 2.500 13 9.50011.00 11.40 4.000 15! 9.50011.40 11.50 7.000 16. 9.50011.00 11.25 7.500 17. 9.25(1(10775 11.00 6.000 18. [email protected] 10.75 6,000 19. 9.25010.40 1C 5 5,500 The hog market open and very erratically at Union Stoc! Yards today after tending off for several days. Through the various classes of porker material, prices ranged all the way frUm steady to 25 cents lower. Most lightweights were quoted at prices ranging 10 cents downward. Hog receipts were estimated at 5,500, which is below th' average day’s run. Holdovers were listed at 1,611. The early top was $10.75. The bulk of sales was between $9 and $lO. Hog Price Range Porkers in the 160-200-pound class sold at $10.40 @10.65; 200-225 pounds, slo© 10.40; 225-250 pounds, $9.25@10; 250-300 pounds, [email protected]; 300 pounds and up, $8.50@59. Pigs still remained at $9.25. Packing sows were down at $6.75@8. Cattle Division In the cattle department sales were slow and receipts dropped to 500. Calve receipts were 700. Vealers were holding steady prices, most $15.50 down. Top figure in the vealer market was sl6. Shep and lamb receipts rose to an estimated figure of 1,200. Indication pointed to higher prices during the day’s trading, but the market was low in establishing itself. _ —Hog,— Receipts. 5.500; market lower, very erratic. SO-tSOlbs 8.004 t 8.25 120-160 lbs 9.25'510.50 160-200 lbs 10.40% 10.65 200-225 lbs 10.00% 10.40 =25-250 }£ 9.25 f 10.00 250-300 lbs 9.00 % 9.50 300 lbs. up 8.50 ©. 9.00 —Cattle— * Receipts, 600; market, steady. Beef steers *10.25012.75 Beef cows 6.25% 8 25 Low cutters and cutter cows.. 4.25% 525 Bulk stock and feeder steers.. 7.250 8i25 --Calves— Receipts. 700; market, steady. Vealers *15.000,16.00 Heavy calves 6.50® 10.00 —Sheep and Lambs— Receipts, 1,200; looks higher. Top fat lambs $14.50 Bulk fat lambs $13.50014 25 Bulk cull lambs 7.00@1050 Fat ewes 4.500 6.60

Other Livestock B.i/ Times Special LOUISVILLE, Aug. 19.—Hogs—Receipts, 50; market steady; tops, $10.60. CattleReceipts. 200; market, steady. Calves Receipts, 400; market, steady; good to choice, $12%14; medium to good, $9.50% nnn o, out , s> *9-50 down. Sheep—Receipts. 700, market, sttady; mixed lambs. sl3ewes and wethers, $13.50; seconds, $8 sheep, $3.50% 5.50. Bu United Press CHICAGO. Aug. 19.—Hogs—(Soft or ollv JjSK. „„ r ? a6tlnß , Dlas excluded!—Receipts. 17.000; market, steady to 10 cAits higher; heavy weight. 250-350 lbs., medfcm Q„ c *l2 ice> *B-3009.50: medium weight. 200f,50 lbs., medium to choice. $9.00%10.60: Jlcht weight .160-200 lbs. common to choice. *9.35®10.65; light lights. 130-160 lbs., common to choice. 58.90%10.50: packing sows, smooth and rough. $7.00%8.10: slaughter pigs. 90-130 lhs.. medium to choice. $8.75% 10. Slaughter Cattle and Calves—Steers. 1.500 lbs. uo. good and choice. $11.75® 14.80: steers. 1.100-1.500 lbs., choice. $13.75% 14.60: good. $11,250 13.75: steers. 1,100 lbs. down, choice. $13.50 4( 14 25; good. sll4/13.75: medium. *8.750 11 75: common. $7©8.75: light yearlings, steers and heifers, good and choice. 850 lbs. down. $10,504(13.75; heifers, good and choice. 850 lbs. up.. $8.25012.50: common and medium, all weights. $6,754/ 10: Cows, good and choice. $6.75010: common and medium. $5,504/6.75: low cutter to cutters. $4.75415.50: calves, medium to choice. *547) 12: vealers. cull to choice. *7018.75; feeder and stock cattle, steers, comon to choice. $6.504i>9.75. Slaughter Sheen and Lambs: Lambs—light and handvweight. 92 lbs. down, medium to choice. $12.2547 14,70; cull and common, all weights. *9.25012.25; ewes, medium to choice. $447 7.25: cull and common $1.5005. Feeding Lambs—(Range stock.) Feeding Lambs—Medium to choice. $11.50013.75. lip United Press CINCINNATI, Aug. 19. —Hogs—Receipts, 2,400; holdovers. 3,000: market, 160-210 lb. butchers, 10c down; 250-350 lbs.. *809.75: 2000250 lbs., $9,504/10.75: 160-200 lbs., $10.5045 10.75: 130-ll lbs.. $lO 25010.65; 90130 lbs.. $7010.50: packing sows. $6,754? 7.50. Cattle—Receipts, 350. ceints. 400; market, steady; beef steers. $9.50012; light yearling steers and heifers. $8011.50; beef cows. $5,754? 7.50: low cutter and cutter cows. *4.2505.25; vealers, *12015.50: bulk stock and feeder steers. $847 9. Sheep—Receipts. 4,300; market, steady: top fat lambs. $14.50: bulk fat iambs. $11014.50: bulk cull lambs. $7 ®9: bulk fat ewes. $4.50(Tu6.50. B" Ttnitrd Press TOLEDO. Aug. 19.—Hogs—Receipts. 200; market steady; heavies. $809; mediums. *10010.75: Yorkers. *10.75® 11.25; good pigs *10010.50. Cattle—Receipts, lfght; market steady; calves, receipts light; market strang. Sheep and Lambs—Light; market steady. B" United Prrns EAST ST. LOUIS, Aug. 19.—Hogs Receipts. 11.000: holdovers. 1.727; marked steady: 250-350 lbs.. *8.60 09.85 ; 200-250 lbs.. *9.50 0 10.75; 160-200 lhs., $10,504? 10.90; 130-160 lbs., *9.50010.90; 90-130 lbs.. $9010; packing sows. [email protected]. Cattle —Receipts, 1,000; calves, receipts, 7,000: market, steers generally steady; beef steers, *11.50012: light yearlings and heifers, *8.50012; beef cows, *5.75®6.75; low cutter and cutter cows, *4.50 0 5.25; vealers. *15.50; heavy calves. *7 0 8.50: bulk stock and feeder steers, *5.2508.15. Sheep —Receipts, 2.000: market, fat lambs 25c lower; too fat lambs, $13.50: bulk fat lambs *13.::5® 13.50: bulk cull lambs. *8.50: bulk fat ewes, *4.50@5 50. BuT'jiited Press . CLEVELAND, Aug. 19.—Hogs—Receipts, I. market uneven; 250-350 lbs.. *8.250 9.60; 300-25° lbs.. *9,60011; 160-200 lbs., -M10U.25: 130-160 lbs., $10.50011.25 ; 90130 lbs., *10.25010.50: packing sows. $7.25 ®8.50. Cattle—Receipts, 200; calves, receipts 150: market steady to weak: beef steers. $8.40010.50; beef cows. $5.7507.50; low cutter and cutter cows, *[email protected]; vealers, *15(5'17.50. Sheep—Receipts, 300: market steady■ top fat lambs, *l4; bulk fat 11. bulk fat ewes, *4.5007. Bi/ United Press EABT BUFFALO, Aug. 19.—Hogs Receipts. 2.800; holdovers, 1.112: market. 10 025 c lower; 250-350 lbs., *8.75010.35 ; 200250 lbs.. $10.25011.10: 160-200 lbs., *llO 11.25; 130-160 lbs.. $10.75011.15: 90-13 C It'S.. *10.5047’ 11; packing sows. $7.500 8.25 Cattle—Receipts, 250; calves, receipts, 600; market steady, calves, receipts, 600: market steady, calves 50c higher; beef steers. *10.25; vealers, *17017.50. Sheep —Receipts market steady: bulk fat lambs. $14.50; bulk cull lambs, $10011.50; bulk fat ewes, $5.5007.

Chicago Stocks

—Aug. 19— „ Open. High. Low. Close. Armour Del pfd 85% Armour Ills pfd 63 65% 63 64% Auburn Motor ..106% luß% 108% 108 Kraft Chse 58 Lib McN & L.. 8% 8% 8% 8% Middle West ...110% 110% 110% 110% Swift & Cos 119% 119% 119% 119% Swift Inti 23 Wrigley 55 ... Borg & Beck ... 65% 66 05% 66 Illinois Brick .. 42% 42% 42% 42% Yellow Cab ..36 3<T 34% 34% J R Thompson .. 53 % 53*% 53 53 Elec H H Util,.. 12 NEW YORK COFFEE RANGE —Aug. 19— . High. Low. Close. January 11.50 11.50 11.50 March 11.30 11.25 11.25 May 11,10 11.07 11.07 July 10.95 10.90 10.90 September 12.51 12.50 12.51 December 11.67 11,65 11.65 Sell articles of clothing that you n<> longer wear but are too good to thtow away. Order a little Want Ail In The Times. You’ll get a bujer. Call Main “?500. Your credit IS SOOd. .

THE INDIANAPOLIS TIMES

GRAIN PRICES DROP BENEATH FORMERJILOSE Wheat’s Mid-Session Rally Is Not Sustained; Oats and Corn Down. Bu United Press CHICAGO, Aug. 19.—Easier prices tor grain futures held most of the day on the Chicago Board of Trade and closing prices found wheat sharply 1% to 2% cents lower than Thursday’s close; corjn, 1% to 1% cents down, and oats % cents lower. Wheat had an uncertain opening and Chen declined early, rallying at mid-season, but dropping shortly afterward for the remainder of the day. Easier tone of cables and the Winnipeg market were largely responsible for lower prices here. Weather reports from the Canadian Northwest were favorable to the crop of spring wheat. Damage reports were negligible. Receipts were 234 cars. The cash market held steady. Cash Market Unchanged Corn opened slightly higher and eased off with the weakness in wheat, despite continued cool nights in the corn belt. Receipts were 152 cars. The cash market was unchanged to Mr cent down. Oats were without particular feature, following the lower trend of wheat. Receipts were 130 cars. The cash market was steady. Provisions closed lower.

, Chicago Grain Table —Aug. 19— WHEAT— Prev High. Low. 11:00 close. September .. 1.41% 1.40% 1.40% 1.41% December 1.46 1.44' 1.44% 1.46 'March 148% 1.47% 1.47% 1.49 CORN— September 1.12% 1.11 1.11% 1.12% December ... 1.16% 1.15% 1.15% 1.18 March 1.18% 1.18 1.18 1.18% OATS September .. .47% .*7% .47% .47’* December ... .51 % .51 .51 .51 % March 54% .53% .53% .54% RYE— September .. .95% .95% .95% .95% December ... .99% .98% .98% .99% March ... ... 1.03 LARD— September .. 12.50 12.40 12.40 12.47 October .... 12.62 12.55 12 57 12.40 January ... 13.07 12.97 12.97 13.05 September .. 11.80 .... 11 80 11.80 October .... 11.92 .... 11.92 11.97 Bu Times Special CHICAGO. Aug. 19.—Primary receipts: Wheat, 2.007.000 against' 1.529.000; corn. 608.000 against 402.000; oats. 8C7.000 against 789.000. Shipments Wheat. 1.651,000 against 1,637.000; Corn. 612.000 against 372,000; oats. 254,000 against 254,000. B;/ Times Special CHICAGO. Aug, 19.—Carlots: Wheat, 228; corn, 75; oats, 142; rye. 2. Bu United Press TOLEDO. Aug. 19.—Wheat—No. 2, 81.38% 01.39%. Corn—No. 3. *1.1501.18. RyeNo. 2. *l.Ol. Oats—No. 3.50051 c. Clover —Cash, Imported. sl4; October. *l7: December. $16.65; December. Imported. *14.25. Timothy—Cash. *2; December. $2; M'rch. *2. Alsike—August. sl6; December, *16.10; January, *16.25. Butter—42o4sc. Eggs—--26028c. Hay—*2s. /

Cash Grain

The bids for car lots of grain at tha call of the Indianapolis Board of Trade, f. o. b. basis 41 %s New York rave, were: Wheat—Easy; No. 2 red. *[email protected]%C, No. 2 hard, *1.2t130%. Cora—Steady; No. 3 white. $1.05® 1.07; No. 4. *1.0301.04%; No. 3 yellow, *1.05® 1.07; No. 4. $1.0301.04%- No. 3 mixed. *1.03%® 1.05%: No. 4. *1.0101.03. Oats—Steady, No. 2 white, 44%@46c: No. 3.43044 c. Hay—Weak; No. 1 timothy. *13.50014; No. 2 timothy. *12.50® 13; No. 1 light clover mixed, $13.500 14; No. 1 clover mixed, sl3 013.50; No. 1 clover hay. $12.50 0 13. —lnspections Wheat—No. 1 red. 1 car; No. 2. 6 cars; No. 3. 9 cars; No. 4. 3 cars; No. 1 hard. 1 car; No. 2, 1 car; No. 1 mixed, 2 cars: No. 5. 1 car. Total, 23 cars. Corn—No. 3 white. 7 cars; No. 4. 1 car: No. 5, I car; sample white. 1 car; No. 3 yellow. 2 cars: No. 4. 1 car; No. 5. 2 cars; No. 6, 6 cars; sample yellow. 4 cars; Ko. 3 mixed, 4 cars: No. 4. 1 car; No. 5. 2 cars; No. 6. 3 cars. Total. 35 cars. Oats—No. 2 *hite, 6 cars; No. 3, 16 cars; No. 4. 2 cars. Totay. 24 cars. HE HAS ELASTIC FINGERS ricks Up Eight Pool Botis With One Hand. Bu United Press PORTLAND, Maine, Aug. 19. With fingers of only ordinary length, Percy .Graffam, Portland longshoreman, has mastered the trick of picking up with one hand eight standard-sized pool balls. Unusual strength of his fingers allows him to take them, one at a time, from the table. Berlin Plans Big Exposition Bij Times Special BERLIN, Aug. 19.—Tentative agreement to hold an international building exhibition here at a cost of more than $10,000,000 has been reached. The exhibition would continue ten years.

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Produce Markets

—Aug. 18— Butter (wholesale price) Creamery, best grade, a pound, 42045 c. Butterfat—Local dealers, 41® 42c. Eggs—Strictly fresh delivered at Indianapolis. 23024 c dozen. .Poultry (buying prices)—Hens, 19©20c: Leghorn hens. 13015 c: roosters, large, 10 012 c; Leghorns and small. 14015 c; broilers, lbs. up, 19020 c; Leghorns and smalls, 14015 c: turkeys, hens. 20 0 25c: young toms, 20 0 25c; old toms, 15020 c; ducks. 12015 c; geese, 8010 c; guineas. 35c. Bu United Press f’EW YORK, Aug. 19.—Flour—Dull and steady. Pork—Firm; mess, $31.00. Lard— Steady; midwest spot. *12.50012.60. Pigar —Raw. steady; spot, 96 test, deliverer duty paid, 4.4804.52 c; refined dull; granulated, 5.603 5 80c. Coffee —Rio No. 7 on spot, 14c; Santos No. 4, 16%017c. Tallow Dull: special to extra, 7%@7%c. Hay— Quiet; No. 1. *1.25; No. 3. 90cig*1.05: clover, *lOl.lO. Dressed poultry—Dulj and weak; turkeys, 30060 c; chickens, 20337 c; broilers. 22336 c; capons, 30®46c; fowls, 13 0 30c; ducks, 18022 c: ducks. Long Island, 23024 c. Live poultry—Steady; geese, 12c: ducks, 12025 c; fowls, 180 26c; turkeys, 25c; roosters, 16c; broilers. 20029 c. Cheese—Quiet; State whole milk, fancy to specials, 25©28%c; young Americas, fresh. 25®25%c. Potatoes—Long Island, $1.25® 3.25; Jersey,' $2.500 3.66; southern, $1,750 2.25. Sweet potatoes—Southern barrels, $1.750 6. Butter—Firm; receipts, 14.665: creamery, extra. 42c; special market, 42 %® 43c. Eggs —Quiet; receipts, 12,400: nearby white fancy. 470 49c; nearby State whites, 33® 45c; fresh firsts, 290 31c; Pacific coasts. 34047%c; western whites, 28 0 36c: nearby browns, 39 044 c. By United Piets CHICAGO. Aug. 19.—Butter—Receipts. 10.608: creameries. 30®41c: standards. 39%c; firsts. 37%®38%c: seconds. 35a 36'yc: extras, 42%c. Eggs—Receipts. 8.401: ordinaries. 23025 c: firsts. 27%®28c: seconds. 21%®22%c: extras. 28%c. PoultryReceipts. 6 cars: fowls. 22%c: springs. 23 ®2sc: ducks. 20021 c; geese. 15020 c: tur keys. 25c: roosters. 16c: broilers. 24< Cheese—Twins. 23%c: voung Americas. 24% ® 25c. Potatoes—Arrivals. 27: on track. 97: In transit. 607; Kansas and Missouri, sacked. Irish Cobblers. *1.5002: Idaho and Nebraska Round Whites. $2.150 2.26; Minnesota. sacked. Earlv Ohios. *1.6501.75: New Jersey sacked Irish Cobblers. $3.65 ner 150 lb. sack; Maryland and Virginia, barrels. Irish Cobblers. $404.10. By United Press CLEVELAND. Aug. 19.—Butter—Extra In tubs. 44046 c; firsts, 41c; seconds. 38%c; packing stock. 28c. Eggs—Extras. 35c; extra firsts. 33c; firsts. 28c; ordinary, 25c. Poultry—Fowls. 25026 c: Leghorn -owls. 27®29c; heavy springs. 370 28c medium. 26c: Leghorn broilers. 33®25c; ■ ocks. It'd 17c; ducks. 20® 22c Potatoes—Virginia barrels. *3.65: few. *3.75; Jersey sacks. $3.25 03.35.

New York Liberty Bonds —Aug. 19Close. P. close. 3%s 101 100.1 Ist 4%s 103 6 103.7 2d 4%s 100.8 100.8 3d 4%s 101.2 101.2 4th 4%S 104. 104.2 Tr. 4%s 1952 113.27 113.51 Tr 4s 1954 108.27 109. Tr. 3%s 105.26 106.1

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PAGE 11

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