Indianapolis Times, Volume 39, Number 90, Indianapolis, Marion County, 23 August 1927 — Page 12
PAGE 12
MART BECOMES IRREGULAR AS QUIET Isolated Issues Continue to Advance, but Dearth of Buying Reigns.
Average Stock Prices
Average of twenty Industrials Monday was 187.33. up 1.35. Average of twenty rails was 140.32. up .51. Average of forty bonds was 97.98. off .04. By United Press NEW YORK, Aug. 23.—After a further burst of buying with General Motors in the lead in new high ground, the stock market today turned irregular and trading quieted down. A few isolated issues continued to advance while those under moderate pressure held up well on all setbacks. The boom In General Motors Monday had carried the entire, market up until profit-taking set in in the aftemon. This buying had weakened the technical position of several pivotal issues, which acted as a deterrent to further advance today. United States Steel was quiet, but the issue advanced to 138%, up % point, where it was within % of its high record. Directors of the company will meet today and Wall Street thinks something definite regarding the successor of Judge Elbert H. Gary may be forthcoming. Rail shares were firm, as were motors, equipments and some of the oils, the latter responding to further reductions in crude production. International Paper moved up % to 63%. Coppers held steady to firm, , as did utilities. . Continued advance of Industrial leaders into new high ground carried Dow-Jones’ average for this Class of stocks to a further record * high at Monday’s close. This demonstration of strength of the current buying movement stirred up . considerable enthusiasm in speculative circles and early dealings were marked by another aggressive upswing in various representative issues. General Motors spurted a podnt to 235%, anew high for the present shares. American Can advanced fractionally to the best levels of the year at 61% and General Railway Signal 1% to 147. Additional selling came into 'feto'-ks under pressure in the prevlous session. Yellow Cab reached new low ground on decline at 31%, off %, and Pan-American B at 52%, off %. Profit-taking came Into various parts of the list, in the late morning, causing momentary hesitation, •In the forward movement. However, fresh leaders were found around noon and the advance was resumed, in the main body of stocks. Allied Chemical crme to the front in the principal industrial class, mounting to anew high on the current upswing at 155%. Union Pacific was another feature of seasoned dividend issues, advancing 1% to 190%. Advancing tendencies in shares of this grade, derived additional stimulus from the decline .of % per cent in thirty-day bankers! acceptances. Copper shares continued to reflect the revival of speculative Interest In this group, resulting from the firmer price trend of the metal and the decrease in supply above ground. New -high® on the current movement .were reached by American Smelting ar/d Kennecott. Anaconda was bought on the attractiveness of its yield at present levels, paying $3 anfmally, the stocks offer a return of 6.5 per cent. •'IV '
Banks and Exchange
Local bank clearings today were $324,300; debits, $614,400. NEW YORK BANK CLEARINGS Bu United Press NBW YORK,. Aug. 33.—New York clearings, $1,137,000,000; clearing house balance, $103,000,000; New York Federal Reserve Bank credit balance, $19,000,000. , FOREIGN EXCHANGE git United Press NtW YORK, Alig. 33.—Foreign exchange opened steady. Demand sterling. $4.85 13-18; , francs, 3.91%c; lira, 5.44Xic; Belga, 13.91 c; marks. 23.78 c.
Local Wagon Wheat
Local grain elevators are paying $1.29 for No. 3 red wheat. Other grades are mirchased on their merits.
Gone, but Not Forgotten
Automobiles reported stolen to police belong to: . Garrett Skaggfc, 437 Minerva St., Ford, 585-92, from Michigan St. and Holmes Ave. Ben Alderson, 973 Elm St., Ford, 568-707, from Meridian and Georgia Sts. Lawrence Brooking, 2851 N. Denny St., Ford, 538-783, from Senate Ave. . and Washington St. Joe Moore, 524 Roanoke St., Ford, 578-818, from in front of hat ad- , drew. Joseph H. Beard, 645 N. Temple Aye., Ford, from Capitol Ave. and Market St. Perfection Paint and Color Company, 715 E. Maryland St., Fqrd, from 5345 E. Washington St. * Ralph Phelps, 418 E. North St., Hudson, from Bird and New York Sts. DOG THIEVES AT WORK Police today believe professional dog thieves were at work here Monday, following the report that two high priced canines had been sto- ■ len. Harry Miller, 2334 Central Ave., ' raid his German police dog, Jack, was missed in the afternon. He : gave no value. - O. P. French, Company H, 11th Infantry, Ft. Benjamin Harrison, said his German police dog, worth $350, was stolen.
New York Stocks or Thomson 4k McKinnon - “
Railroad*— AU *‘ 33 Prev . Atchison fisftfli lff% 195% °l9°5 S *j Can Pacific 188 186% 188* 187* ££ S & 193 193% 193 193% C R & P , .109 % : 109 V. 110 Del Sc Hud ...:.308’t I” 208208% Er/e* LMk 'alfr ••• 17X4 18714 ISriO ............ 02 *4 .. ft 2 flo Si le *7 lst ,P f<l ••• 82 1 82 62 6214 II II ll m x.& t*::::: % ::: •% MoPac pfd ....102% 101% 102% 101% 1667/ 158 155% No Pacific ....7 95% "94% 95 95* Pennsy 66% ’O% ‘86% 65% Reading 1151 ... nji? Southern Ry ...13614 13514 135% 134% |outne u r„Pac...122% 122% 12314 154 if 32% 33 fa ® .*• *8 F ...11214 ... ii 2 lilt S'E" * ii f Rubber*— % i& ,i* Goodyear 54 ... 54 54u 8* a* Am Car Sc F 10414 ... 104% 103% Am Loco 113% 113% H3i7 113% Am sti f<i 55% m 553 54% Bald Loco 358% 357% 357% 357% ?.* Elec 128% 1 128% n“ a ATrB.i::::: 8* 11* 15% SU car ...73 ’ei% 70% 69% Syuman .... ..153% ... 152% 152 V, Westh Airbrake. 185 ... 185 185 W St t eel*f>* Ctn0 ‘. 84 83% 83% 8314 SlirSss ::::: S' 4 g* 8* SW otf-;:;. “ s* $t Inland Stl * 2,, 4 Phil RCSc 1.. 41% iiu ’iiii 2?a* f'oasSmer7.7.7.lSr* J B L U 8 l g* 1 * V *ot£- 88 55% OhandS?* C ! 1 ..7.7 1814 31 * Chrysler 57% ‘9744 .Si* 15^* & iil 1% ij* 1‘ SIS Sis ■ ffiS”.sß - J|." s' Martin-Parry... . 88 1 ?? Yellow Coach .. 31% '36% '30% 32 8$ g; ; gS § fsavstf-r. aa ** 3 | Sfcudebaker 52 Va 52 52*1 rqs£ i!2 Wa : ner * WHlys-Over ..... il% W Minl n^-° r 3 9 '2 ’ 39 * 39 ‘ * 39% put?'*.::: fa l ßfc *B9 >B* !nt c Nick fa 2 °* Kennec 72™ '7014 Sjs£ 2SJf Tex Q Sc Sul ... 66% * 22* Cal Pete’-.7.7.71iv’ *” 124 ,l Freeport Texas. 74% 73% 74 74 /J lso * 'fa 'fa M?d cfpete 32% I" ffl M la"* 8* Union Oil 43% •" 43?! Pure Oil ....... 37% 27* 37* then Dut . ch ..:::.-37% -37.4 Ilsil? ,r . 171/ * - fa SO of Cal 54% 7! *54X4 Vex S O of N J .... ]9if 39 51^ 4 SOof N r .... 3ut 31 % 3?}J Texas Cos 49% ... 40% 49% Trans Pete .... 8% 8% ai Industrials— 4 0 4 8, 8% Adv Rumlv .... 13% 12% 133.4 A^o d ur Ch^7:. 1 1fi n H?L* n . .7.7.7. r W $ Am Safety R ... 47% .7 47 *47 Centraf°L .7.7.7 ** 22 * Cont Calf .7.7.7 Hi% Hj* 41 Dav. Chem .... 38 35% 35 35a! Dunont 299% 198 298 298A4 Sin°*inh , it 3 22* 104 * 188 10*’ S, ! fc A Sj; B* ::: g* Bias' Mav D Sta .. 80U ‘an anu ” ”* ”1 ,T|> IBS fig : S, gaal Silk 7. 26 * 25% 26 26* Rem Type 42 ... 39% 42% bSWS!,-.v .! ::: w M §"S ! u s in Ai , ijqi, Woolworth 173% 173 172 ,7 lit Utilities— 173,4 ttlZJ'-.Y.V™.* 17 °* if,* Am W W 7 7! SSV. Brklyn Man .... 66% ... '56% r*% Col Qas & E 1.... 97 96% 97 98X4 Cons Oas 113% 112% 113 113% No Amer C 0.... 49% 49*4 49x4 49X4 S Oas and E 1.... 63% 62% 63 62% AUa h n?i°c ln S“. 3fll ' Foods— 30/4 Am Sugar 89% ... 89% 89% Corn Prods .... 55% 55 55V, 55% Fleischmann .... 64% 62% 63'% 62% iSTWa.ir m ,SU; .8 “Sit 'lll * Tobaocos— Amer Suma .... 80'% 60% 60'% 80 Amer Tob 142% ... 142% A m T < B ) 142% ... 142% i43 Cons Cigars .... 83% ... 83% 82% penCigara .... 88'% ... 68 68% Dottllard 39y ? ... 39% 39% R J Rey 136% ... 136% 136'-3 Tob P(B 1 99% ... 99% 99% U Cierar Stoves. ... ... . 351/_ Schulte R S .... 55% ... 55% 56
Produce Markets
—Aug. 22 Butter (wholesale price) Creamery best grade. a pound. 42®45c. 1 Butterfat—Local dealers. 41®42c. delivered at Indianapolis. 24@25c dozen. Poultry (buying prices)—Hens. 19@20c; Leghorn hens. iiOISc: roosters, large. l 6 m2c; Leghorns and small, 14®15c; broilers, Ift. up. 19ft20c; Leghorns and smalls. 14®15c; turkeys, hens, 20@25cyoung toms, 20@25c; old toms. 15<§20cducks 12®15c; geese, 8®10c; guineas. 35c. B i'Unit'd Pres NEW YORK, Aup. 23.—Flour—Firm and unchanged. Pork—Oteady; mess, sll. Lard —Firm; midwest spot. $12.70® 12.80. Sugar —Raw. dull: spot, 98 test, delivered duty pa1d,4.48@4. 4 9c: r eAned, dull; granulated. [email protected]. Coffee—Rio No. 7 on spot, 13 7 W(fil4c; Santos No. 4,1714 c. TallowFirm; special to extras. 7‘/i®7%c. Hay— Weaker; No. 1, $1.20®1.25; No. 3, 90c® $1.05; clover, sl®l.lo. Dressed—Poultry, quiet; turkeys. 20@60c; chickens, 20ft 37c: broilers, 22®36c; capons, 30ft 46c; fowls. 13ft30c; ducks, 18@22c; ducks, Long Island, 23@24c. Live poultry—Quiet and Arm; geese, 12c; ducks. 12®25c; fowls. 18 f(26c: turkeys, 25c; roosters, 17c; broilers, 18®31c. Cheese—Firm; state whole milk, fancy to best, 25‘/aft2B’yc; young AmerIcas, fresh, 26c. Potatoes—Lone island, _ J *f**y- *1.50®2.75; southern, sl.2sft 2.25. Bwoet potatoes—Jersey, basket. $1.50@2; southern, barrels, $1.25®4.25. Butter—Market firm; receipts. 19,838; creamery extras, 43c; special market, 43', 2 ft44c. Eggs—Market steady: receipts, 25,109; nearby white fancy, 48®81c; nearby State whites. 33ft47c; fresh firsts. 28'/a® 30c; Pacific coasts, western whites, 28@37c; nearby browns, 40@45c. Bu United Press CLEVELAND. Aug. 23,—Butter—Extras. In tub lots,‘4sv2®4oV 2 c; firsts. 42 1 /a®43V 2 c; seconds. 39® 40c; packing stock, 28®30c. Eggs—Extras. 35c: extra firsts. 33c; firsts, 28c; ordinary. 25c. Poultry—Fowls. 25® 26c; Leghorn fowls. 17®19c; heavy springers. 28ft28c; few, 29ft30c: Leghorn broilers. 23®25c; cocks, 15@17c; ducks, 20® 23c. Potatoes—Delaware and Jersey, barrels, $3 75; Jersey, sacks, *3.25®3.35. COUNCIL TO EXPLAIN City Fathers to Face South Siders on Bridge Bonds. iWhy city council defeated the bind issue of Morris St. bridge will be explained Wednesday at 8 p. m. by Councilmen Boynton J. Moore and Otis E. Bartholomew at special meeting of Southern Civic and Improvement Club. The session will be at the home of J. Ed Burk, 2033 Hoyt Ave. The bond issue was turned down by the council after approval by the county council and city board of works. The councilman are south side residents. They are expected to discuss taxes and the proposed city
PORK PRICES STEADY; RISE IN JVIDENCE All Material Except Sheep and Lambs Show Upward Tendency Here. —Bog Price Range— Aug. 16. 17. 9.25 rn 10 75 11.00 8.000 18. 9.254(10.50 10 75 8.000 19. 9.25®10.40 10 75 5,500 30. 9.25 9 10 75 10175 4.500 22. 9.25 ©10.85 10.80 6.000 23. 8.50 lU 10.75 10.95 6.000 Hog prices at Union Stockyards exhibited a steady front today, with the tendency upward. The turn from last week's downward market appeared to have definitely set in. The top price was $10.75 and the bulk of material sold on a $9.75® 10.65 range. Receipts were estimated at 6,000, with 635 holdovers. Porker material in the 160-200-pound class sold at $10.50® 10.75; 200-220, $10.25® 10.50; 225-250, slo® 10.40; 250-300, $6.50@10; 300 up, $9.75®9.50. Pigs sold at $9.50 dcfwn. Packing sows, [email protected]. , Cattle Division In the cattle division material ranged from strong to slightly higher.- Beef steers brought $10.50 @13.25. Receipts were estimated at 1,300. Calf receipts were 700. Best vealers brought sls® 15.50. The sheep market ranked from 50 cents to $1 lower. Receipts were estimated at 2,400. Top fat lambs brought $12.75.
—Hog*— Receipts. 8.000: market, steady. 90-130 lb* < B.oo® 9.25 120-130 lb* 9.25® 10.50 160-200 lb* [email protected] 200-225 lbs 10.254X10.50 225-250 lb* i... 10 00® 10.40 250-300 lbs. ...\ 9.50® 10.00 300 lb*, up 8 75® 950 —Cattle ■ '■ Receipts. 1.300; market. 50c off. Beef steers $10.58® 13.25 Beef COWS 8.25® 8 25 Low cutters and cutter cows.. 4.25® 5.25 Bulk stock and feeder steers.. 7 35® 8.35 v —Calve*— Receipts. 700: market, steady. Vealers sls flo<®l6.oo Heavy calves 6.50'ji0.00 —Sheep and Lambs— Receipts. 3.400; market. 50c lower. Top fat lambs sl3 75 Bulk fat lambs 13 50® 13.00 Bulk cull lambs 6.50® 9.00 Fat ewes 4.50® 6 50 Other Livestock By Times PpccM LOUISVILLE. Aug. 33.—Hoes—Receipts. I, market steady; tops. *10.75. Cattle —Receipts, 100; market steady. Calves— Receipts. 300: market steady; good to choice, sl3® 14‘ medium to good, $9.50® 11. outs. $9.50 down. Sheep—Receipts. 700; market, lambs 50c lower; sheep steady; mixed lambs. $12.50; ewes and wethers. sl3; seconds, $7.50; sheep. $3.50 ®5.50. Bn United Preas PITTBBUROH. Aug. 33.—Hogs— Receipts. 200; holdovers, 450; market steady to strong- 250-350 !b„ s9® 10.35- 200-250 lbs.. $lO 25011; 160-200 lbs.. *U®ll.4O: IXO-160 lbs *10.75®11; 80-130 lbs.. lIO.OOIS 10.75: packing sows. $7.60®8. Cattle—Receipts. 65; calver, receipts 175; market steady; beef steers. *'0.50012.25; vealers. $13.50® 17. Sheep—Receipts, 200; market steady; top fat lambs, $14.25; bulk cuU lambs, s3® 10.50. Bit United Press EAST BUFFALO, Aug. 23.—Hogs—Receipts, none; holdovers. 745; market. 35c higher; 250-350 lbs.. 58.75010.50; 160-200 lbs.. $11.25®11.80; 130-I'o lbs., $10.75® 11.40; 90-130 lbs., $10.25010.75; packing sows. 37.504i8.25. Cattle—Receipts, 10(L Calves—Receipts, 100; market, steady; calves, steady; vea;ers. $18.50017. Sheep —Receipts, none; market, normal; good lambs, quotable around. $18.50. By United Press TOLEDO, Aug. 23.—Receipts. 500: market, steady; heavies. $8.35® 9.50, mediums, $lO @10.75; Yorkers, $lO 75® 11.15: good pigs. slOOll. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts, light: market, steady. By United Press CINCINNATI. Aug. 23-Hogs>-Receipts. 4.000: holdovers. 1,006: maAet. slow, steady- 250-850 lbs.. $8 50010: 200-250 bs-.i1.750n; 160-200 lb*.. $10.75011; 130-160 lbs., $10.2510.75; 90-130 lbs. s7# 10.50; packing sows. *6 7507.50. CattleReceipts. 500; calves. 350: market, steady: beef steers. 59W.11.50; light yearling steers and heifers. [email protected]: beef cows. 55.75® 7 75; low cutter and cutter cows. $4.25® S; B ’-. ve^e^B, sl2.© 15.50; heavy calves. |10@12; bulk stock and feeder steers. sß® 9. Sheep—Receipts. 3,300; market, steady; top fat lambs sl4: bulk fat lambs. sll® 14: bulk cuH lambs. $709; bulk fat ewes. $4.50 0 6.50. Bit United Preas EAST 6T. LOUIS. Aug. 23.—Hogs—Receipts, 14,000; holdovers. 2,550: market, steady to 10c lower; 250-350 lbs . $8.60® 10.9°; a°O-as<> lbs., $9.50010.50;' 160-300 ibs.. $10.40010.75; 130-160 lbs., $0.25® iS?nil°,"n 3< ’J 8?!! ‘STSfiIO. packing .sows. $7.50 0 8.10. Cattla—Receipts. 7.500; calves, 2.500; market, native steers, stexdy; others, slow; beef steers. $10.50@13; light yearlings and heifers. $8.50011.50; beef ,ow . cutter and cutter cows. •J ?SSS' 25 L * 18: he vy calve*. *]- 88 f Jl Dulk stock and feeder steers. $62508.25. Sheep—Receipts, 5.000: ir.arket indications, fewer: top fat lambs, $13.25: bulk cull lambs, $8.50; bulk fat ewes. $4.5005.50. ’ . Bn United Press .CHICAGO. Aur. 23.—Hogs—Receipts. 25,000, market slow, generally 10@25c lower; heavyweight, 350-350 lbs., medium choice, $8.50 0 9.75; medlumwelghts. 300250 lbs., medium to choice, $9.150 10.65; lightweight. 160* 2 00 lbs., common to choice. $9.40010.70; light lights, 130-160 lbs., common to choice, $9010.60; packing ®ows. smooth and rough. $7.25 0 8.40; slaughter pigs, 90-130 lbs., medium to choice. $8.75010. Slaughter cattle anil r rß, LSOO Ibs. up, good to choice, $11.75014.65- steers. 1,100-1.500 lbs., choice. sl3 75014.65; good, $11.25013.75; steers. 1.180 lbs. down, choice, $1.3500 K oo * l - $11013.75- medium, $9.75® 11.75; common $708.75; light yearling steers and heifers good and choice. 850 “?*•. „ dow "- n $ JO. 50 @ 13.76 • hel f ers, good and choice, 850 lbs. up. $8012.50; common to medium, all weights. $6.75®1d; cows, good f B - 88 ® Ip: edmmon to medium. ! 8 - 38 f 8 - 8 ®: low cutter ana cutter cows, $4.7505.35; calves, medium to choice, s9® 12; vealers, cull to chocle. $7016.75; sleers - common to choice, [email protected]. Slaughter sheep and lambs—Light and handywelght. 92 lbs. down, medium to choice, [email protected] and common, all weights. $8.25@>11.25; ewes, medium to choice. $3.7d@7; cull and common. $1.50 0 4.75; feeding lambs, range stock, medium to choice, $11.50013.75. * Bn Untied Press $ Aug. 23.—Hogs—Receipts, L 08 8: market 25 0 50c up: 250-350 lbs |B- 8 0, @10; 200-250 lbs., $9.90011.25; 160A l V2*®ll- 80: ISO-190*lbs.. $10.55 011.60; 90-jiSO lbs., $10010.26; packing sows. $7.25 0 8.75. (iattle—Receipts, 150; * r 7 n ? t , s n^? o: K m J rket sleady; beef steers, $8.40® 10.75; beef cows, $8.75 0 7.50; low cutter and cutter cows. $4.50© 5 50SiEiSS'Mi 1*“ bWul'f.Vi .“m®'," 11 ‘*“ m - “° 4
In the Sugar Market
(By Thomson & McKinnon) . N £ w YORK. Aug. 23 —The feeling seems to be growing that the sugar market is . for rally as the strong Cuban statistical situation forces its way into the foreground. The conUnued buying by Europe has given emphasis to the supply anc. demand position, especially in view of reports from abroad of a ' less satisfactory crop outlook which probably explains the suddenly Increased demand from Europe. The firmness also extends to the raw sugar market here with indications of an Increased demand tor refined. I continue to favor the purchase of new deliveries. Rotarians Honor Sapp By Times Special ANDERSON, Ind., Aug. 23.—Arthur Sapp, Huntington, pres; dent of Rotary International, was the honored guest there today at Groups meeting of Indiana Rotary Clulje. Muncie, Richmond, Newcastle, Connersville, Portland, Winchester and Union City clubs were represented at the meeting.
THE INDIANAPOLIS TIMES
Indianapolis Stocks
—July 22 —Stock*— Bid. Ask. Amtr Central Life 550 Amer Creosotlng Cos pld 101 105 Belt R R com 66% 69 Belt R R pfd 88 Cent Ind Power Cos pfd 72 98 Cities Service Cos com 47% ... Cltlsens Oas Cos pfd 106 ... Citizens Oas Cos com 86 ... Gttlzens Gas Cos pfd 106 Commonwealth Loan Cos pfd... 100 ... Equitable Securities Cos com.. 51 ... Hook Drug Cos com 29% ... Indiana Hotel com 125 ... Indiana Hotel pfd 101 Ind Service Corp fd 85 ... Indianapolis Oas com o ... Indpls Sc Northwestern pfd.. 63 Indpls P Sc L 6%s pfd iOOV* Indpls P is L 7s pfd 37% 100% Indpls Pub Wei Ln Assn .... 47% ... Indianapolis St Ry pfd 38 39% Indpls Water Cos pfd. 103% ... Indpls Water Wks Sec C 0.... 98 Interstate P ser pr lien pfd...100% ... Interstate P S 6s pfd 88 Merchants Pub Util pfd ....100 North Ind Pub Service pld... 94% 97 Progress Laundry com 23% ... Raun Fertilizer pfd 50 Real Silk Hosiery pfd 85 92 ?H ISc E com 2 ... H I Sc E pfd 24 T H Trac Sc Lt Cos pfd 94 Union Trac of Ind com 1 Union Trac of Ind lst pfd 7 Union Trac of Ind 2d pfd 3 Union Title Cos com 85 Van Camp Pack Cos pfd 6 ... Van Camp Prod Ist pfd 95 102 Van Camp Prod 2nd pfd 100 —Bank Stack*— Aetna Trust and Bav Cos 118 ... Bankers Trust Cos 132 ... City Trust Cos 150 ... Continental National 118% ... Farmers Trust Cos 340 ... Fidelity Trust Cos 163 ... Fletcher American 171 ... Fletcher Sav and Trust C0...275 Indiana National Bank 363 267 Lidlana Trust Cos 230 250 Livestock Ex Bank 162 173 Marlon County Bank 210 Merchants Nat Bank ~..828 Peoples State Bank 310 ... Security Trust Cos 275 State Savings and Trust 100 Union Trust Company 460 Wash Bank and Trust C0....160 ... —Bond*— Belt R R and Stockyard* 4a... 90 Broad Ripple 5s 80% ... Central Indiana Oas 5s 98 Cent Ind Power Cos lls 108 Chi S Bend St If Ind Ss 20 • ... Citizens Gas Cos. 5s 104% 105% gttlzens St R R 5s 87 ary St Ry &s 89 91 Home T and T of Ft. W 8a... 103% ... Indiana Hotel 5s 100 Indiana Northern 5s 3 Ind Ry and Lt 5s 95 ... Ind Service Corn 5s 93% ... Ind Union Trac 5s 3 Indpls Gas Cos 5S 100% ... Indpls Oas Cos 5* 100X4 ... Indpls Sc Martinsville 8s SI Indpls Northern 5s 31 23 Indpls St Northwestern 5s 81 Indpls Power and Lt Cos 55... 97% ... Indpls St Rv 4s 67% 68% Indpls Trac and Term 5s ... 95X4 96% Indpls Union Rv 5s 101 ... Indpls Water 6%s 104 Indpls Water lst 5s 99 ... Indpls Water 4%s 96% ... Indpls Water Wk Sec Cos 95... 99 Interstate Pub S 6s 104 ... Interstate Pub 3 Bs 6%s 105% ... N Ind Pub Serv Cos 6s $8 T H I Sc E 5s 96 T H Trac and Light 5s 98 Union Trac of Ind fls 15% 17% —Liberty Bonds—lst 101. 101.18 lst 4%s 103.1* 103.34 2nd 4>4S 100.14 100.29 3d 101.01 101.13 4th 4Hs 104.00 104.2 U 8 Tr 4*48 113.80 113 96 U 8 Tr 4* 108.80 109 00 tr S Tr 3;s 105.09 105:40 U 8 Tr 3%s 100.30 U 8 Tr 3*4S 100 —Rales—--110.000 Power and Light 5s 97%
Commission Row
PRICE TO RETAILERS —Aug. 23FRUIT R Apples-Box apples—Wlnesap. $3. New apples—Transparent*. 40 lbs., $3; Duchess, $5.5005; Wealthy, $2.503. Apricots—California, $2 crate. Bancnas—4@sc lb. Cantaloupes—lndiana, standard crates. $3: fiat crate. $101.50. Cherries—California. $4.50 (15 lbs.). Orspes—California seedless. $1.85 box. Grapefruit—California. $4.50 crate. Honeydew Melons—s3 2502.75. Lemons—California. $808.50. Limes—California. $3 per hundred. Oranges—California Valencias, crate. $4 @8.50. Huckleberries—Virginia. $3 (15 lbs.). Peaches—Elbertas. $2.50 0 3.75. Pears- California, per box. *4. Pineapples—Cuban. s3© 3 50. Plums—California. 53.5003. Watermelons—Georgia, average 30 lbs., 75c. VEGETABLES Beans—Stringiest. $1.50 hamper; H. O. lima. 50c lb.; Kentucky Wonders. $1.25 bu. Beets—H. O. 30c doz.: $2.50 bbl. Cabbage—H. 0.. $2 bbl. Carrotts—H. Q„ 35c doz.; bulk. $1.35 bu. Cauliflower—H. G.. *2 25 crate. Celery—Michigan, Highball. $1.25 crt. Corn—Kentucky. 35 0 40c dozen. Cucumbers—Hothouse. 85c doz. Eggplant—H. G.. S3 50 doz. Garlic—California. 15c lb Kale—H. G.. 65c bu. Lettuce—California, head. $505.50 crate: H. G. leaf. 15 lbs.. 75c. Mangoes—Louisiana. $1 hamper. Okra—Tennessee, 5i.25 basket. Onlqn—Spanish. $2.40 0 2.75 crate; H. G. green, 40c dozen; H. G. white Bermuda. $3 u.: H. G. yellow Bermuda. $1.35 Du.; Walla Walla yellow. 100 lbs.. $2.75. Parsley—H. O . 50c doz. Peas—H. 0., 50 lbs.. $7. Potatoes—Virginia Cobblers. $3.75 bbl ; Kentucky Cobblers, $3.50 03.75. Radishes—H. Q.. x ~ite, 35c; red. 35c @soc: H. G. buttons. 75c doz. Sweet potatoes—Alabama, $1.25 hamper. Spinach—H Q., 75c bu. Tomatoes—H. <3. (hothouse), 50c, 16-lb. basket. Turnips—H. G., 83 bu. Bit United Press CHICAGO, Aug. 23.—Berries: Dewberries, $2.750 3 per 10 quarts: black raspberries, $2.5003 per 24 pints; gooseberries, $2,500 2.75 per 16 quarts; red raspberries, $3.50® 3.75 per 24 quarts. Green fruits—Apples, S2O 2.50 per bushel; cantaloupes. $303.50 per crate: cherries, *3 0 3.50 per 18 quarts: grapes. 35©38c per basket: peaches. $2.50 @3 per bushel; pears. $302.50 per bushel.
In the Cotton Market
(By Thomson Sc McKinnon) NEW YORK, Aug. 23.—1n the southern parts of Georgia. Alabama and Texas the crop Is about two weeks early. That Is why the ginning figures will run ahead of last year for a while. It is no guide to the size of the crop Many are waiting to buy if there is a decline at 11 o'clock when we get the figures. Liverpool is reluctant about following New York because they have a big local stock and the trade Is buying here and aelllng there. METHODISTS CONVENE By Times Special SEYMOUR, Ind., Aug. 23. Bishop Charles Wesley Burns of San Francisco, Cal., presided at the Central German annual conference of the Methodist Episcopal Church which opened here today and will continue until next Monday. The Rev. C. J. Moeller, pastor of Trinity Methodist Episcopal Church of Seymour, is the entertaining pastor. This afternoon there were meetings of the executive committee of the Mutual Preachers’ Aid Society and of the board of conference stewards. In the evening, the Rev. Matthew C. Morlock, district superintendent of the CincinnatiLouisville district, will preside at a “welcome meeting.”
Costly Parking " Widiam Cropper, Flatrock, is . ou. SBO in fines and costs because he used poor judgment in parking his car. Cropper stopped in front of the home of Marshal George Kunyon here. The officer and his wife saw that Cropper appeared restless. Finally he produced a bottle and took a drink. The marshal and Officer Phillips arrested him. Ee said in court he had no idea he had parked his car in front of an officer’s home.
GRAIN MART STILL SHOWS UPWARDTREND Winnipeg Frost Reports and Other Bad Weather Affects Price. By United Press CHICAGO, Aug. 23.—There was a tenflency in the wheat pit lor higher prices in futures here early today after an opening at which quotations were % to cent higher than the previous close. Corn opened % to % cents higher in a bullish pit, and oats % to % cents up. Winnipeg reported a heavy frost in that region Monday night and temperatures in the American Northwest were decidedly lower, Minneapolis and Fargo reporting 48 degrees this morning. Traders were ini lined to adopt a waiting attitude tocay, in spite of the continued bullish conditions, pending further developments in weather news or other market influences. A heavy export business is needed Just now to keep this market on the upturn. Liverpool was slightly stronger than expected today, weather conditions in Europe continuing unfavorable to harxest. Hevy rains throughout lowa, Illinois and Indiana were reported over night, and cpm traders interpreted this as unfavorable to the c'op, which now needs warm, dry weather ln abundance. Each day’s delay enhances the likelihood •of frost catching the crop. Oats continued to prove disar pointing to holders of this grain, and in spite of bullish crop returns, still followed the trend of other grains. Provisions opened unchanged. Chicago Grain Table —Aug as— WHEAT— Prev. High. Low. 11 s.m. close. Sept... 1.41*4 1.40% 1.40 V. 1.41% Dec 1.46 1 44X. 1 45 1.45% Mar. . 1.48% 146% 1.47*4 1.48% CORN— Sept... 1.13% 1.11% 1.13 1.13 Dec.... 1.17 1.18 118X4 1.19% Mar... 1.19X4 1.19 119 1.19 OATS— Sept... 46% .46% .48% 48% Dec 60% .60% .50% .SOX, Mar... .53% .53% .53% .53% SepU*7~ .98% ... .98 97% Dec.... 1.01 V 1.00% 1.01 1.00% Mar... 1.04% ... 1.04% 1.04 LARD— Sept 13.60 13 53 13 80 13.53 Oct 13.70 13.65 13.70 13.87 Jan 13.33 13 17 13.30 13.17 RIBS— Sept 11 80 Oct 1L93 Bu Times SoecUtl CHICAGO, Aug. 33.—Primary receipts: Wheat. 1,957.000 against 1.848.000; com 714.000 against 346,000; oats. 948,000 against 818,000. Shipments—Wheat, 3.078.000 against 1,978.000; com. 406.000 against 397.000; oats, 349.000 against 473,000. Bu Times Soecinl CHICAGO. Aug. IS—Carlots: Wheat. 533; com, 348: oats. 340; rye, 18.
THE CITY IN BRIEF
WEDNESDAY EVENTS Kiwanls Club luncheon. Clavpool. Junior Chamber of Commerce luncheon. Chamber of Commerce. Lions Club luncheon. Lincoln. Alpha Beta PI meeting. Lincoln. 7:30 n. m. Purdue Alumni Aseoclatlon luncheon. Bevertn. B. P. O. E. picnic for orphans. Riverside Park, all day. Police are investigating theft of a diamond ring valued at $475 from the home of Mrs; Hannah Brown, 241 Parkview Ave., some time since Aug. 15, while the family was out of the city. A mock wedding, Virginia reel and Charleston dance contests featured the “backward party” held Monday night at the South Side Turners’ city playground. About 300 children participated. Refreshments were served only to those who wore their clothing backward. A sixpiece "kitchen cabinet” orchestra, composed of playground children, entertained the crowd. Construction of a SIOO,OOO community house in Brookside Park has been begun by E. C. Strathmann, contractor. The general contract of $87,873 was awarded Aug. 4 by the park board. Bequeaths $625,000 Bu United Press FT. WAYNE, Ind., Aug. 23.—The Unievrsity of Notre Dame is bequeathed two-thirds of a trust fund of $625,000, and one-third goes to the Poor Handmaids of eJsus Christ, operating St. Joseph’s hospital here, under the will of Frank B. Phillips, probated today. The trust fund is to be divided on death of Mr. Phillips’ sister and the University of Notre Dame fund is designated as half for the education of priests of the order of the Holy Cross, and half for the education of poor boys.
DIVIDEND NOTICE Utilities & Light Corporation 7% Cumulative Preferred Stoc.i The Board of Director* of Utilities Power k Light Corporation at a meeting held this day declared a quarterly dividend for the period ending September 30, 1927, of One Dollar and Seventy-Five Cents ($1.75) per share upon the outstanding Preferred Stock of the Corporation, payable October L, 1927, to stockholders of record at the dose of business September 6, 1927. Class A Stock A quarterly dividend for the period endingjSeptemher 30, 1927, of Fifty Cent* (50c) per share on the Class A Stock also was declared, payable October 1, 1927, to stockholders of record at the close of business September 6, 1927. Under the resolution of the Directors, the holders of Class A Stock have the right and option to accept, in lieu of their cash dividend, additional Class A Stock at the rate of one-for:ieth of a share for each share of Class A Stock standing of reord in their respective names at the close of business on September 6, 1927. Unless by the dose of business September 6, 1927, the stockholder advises the Corporatior that he desires bis dividend in cash, the Corporation will send to him on October I, 1927, the additional stock (or scrip for fractional shares) to which he is entitled. Class B Stock A dividend of Twenty-Five Cents (25c) per share also was declared on the Class B Stock, payable October 1, 1927, to stockholders of record at the close of business September 6, 1927. Under the resolution of the Directors, the holders of Class B Stock, or Voting Trust Certificates representing such stock, have the right and option to accept in lieu of their cash dividend, Voting Trust Certificates for additional Class B Stock at the rate of one-fortieth of a share for each share of Class B Stock standing of record in their respective names at the close of business on September 6, 1927. Unless by the close of business September 6, 1927. the stockholder advises the Corporation that he desires his dividend in cash, the Corporation will send to him on October 1, 1927, the additional stock (or scrip for fractional shares) to which be is entitled. E. L. CLARKE, President. CUcato. /.. Asttut IS. 1927. v
‘Pussyfoot * Johnson Last Speaker at Dry Session
By Times Special WINONA LAKE, Ind., Aug. 23. William E. (Pussyfoot) Johnson, noted militant foe of liquor, will be the last speaker at the closing session today of the congress of, the World League Against Alcoholism. He will appear on the evening program which also includes an address by Dr. John A. Lapp, Chicago, president. National Council of Social Agencies. A roll call of nations, consisting of two-minutes messages by delegates from all parts of the world, will be another feature tonight. Speakers at this morning’s session
EVANSVILLE BANKER, FOUR OTHERS HURT Speeding Auto Crashes Into Pole Near Patoka, Ind. VINCENNES, Ind., Aug. 23.—Samuel L. May, president of Citizens National Bank of Evansville, is in a hospital at Princeton unconscious, and three other prominent Evansville men and a chauffeur suffered less serious injuries as the result of an automobile accident near Patoka shortly before noon today. The three brought to Vincennes by passing motorists are Walton M. Wheeler and W. E. Stillwell, Evansville, and T. R. Wilson, vice president of the Old National Bank of Evansxrille. It was not known how seriously May was injured. All four men are recivers for the Servel Corporation of Evansville and were en route to Terr* Haute on busineri: F. G. Higginson Negro chauffeur, who was cut and bruised, said he was driving at a high rate of speed when the car got out of control and crashed into a telephone pole, turning over. Deaths Robert Joseph Wadklns. 4 months. 3719 Franklin PI., cholera lnlantum. Mary C. Drake. 7g, Central Indiana Hospital, chronic myocarditis Dorothy Ellen Pringle. 1 month. city hospital. Ileocolitis. Wesley AUen, 57. 1105 N. Belmont, toxemia. Lenore Stevens. 58. Methodist Hospital, diabetes mellltus. Huga H. Lehrrltter. 87. 1041 Fletcher, carcinoma. Richard Waldon Golder. It days. 1432 Kappes. malnutrition. Gilbert Patterson. 3 days. 1541 Ollye. premature birth. Marie Natella McGlashan, 39. 3038 Caroline. myocarditis. Katie Sternberger, 71, 1880 Singleton, cerebral thrombosis. Clarence H. Wilder, 30. St. Vincent Hospital. accidental. William A. Enllss, 83. 510 N. Sheffield, arteriosclerosis. Robert Ed%rd Sandefur. 4 months, 3944 Hovt. acute Ileocolitis. Donald. Paul Bennett. 11 months, city hosaital. enteritis. Mary E. Orman. 75. 1020 Elm, carcinoma. Births
Girin George and Ruth Gilmore. Methodist hospital. Andrew and Helene Meyer, Methodist hospital. Charles and Elsie Thompson. Methodist hospital. Sidney and Alma Aronson. Methodist hospital. ' Charles and Esther Garen, Methodist hospital. * Iris and Mlnta Chambers. Methodist hospital. Joseph md Jesse Kress, 30 N. Hamilton. Joseph ind Louise Zore. 702 N, Holmes. Delfort md Ruby Doran. 1031 8. Pershing. Orvll and Kath-yi. Felts. Bt. Vincent hospital. Albert and Margare; Windland, St. Vincent hospital. Charles and Helen Murray, St. Vincent hcspital. Franklin and Jennie Cox. 1258 Oliver. Rollen and Flossie Perkins, 1217 Eugene. William and Florence Higgins, 1101% E. Ohio. William and LuclUe Isenhower, 827 E. Eleventh. Lawrence and Emmi Dawson. 823 N. West. John and Elizabeth Hanners. 1203 Bates. Boys Jason and Mildred Foster, Methodist hospital. Norman and Lillian Shortrldge. Methodist hospital. Brvan and Fern Hanger. Methodist hospital. Arthur and Ida Thompson. 1105 Kappes. Frankie and Bernice west, 1349 S. Belmont. Jonathan and Alvlazie Armstrong, 1808 Kelly. Joseph and Llll.'an Griffin, 1115 E. Thirteenth. Louts and Clara Shipman, 3144 S. Emerson. Ansel and Maxine Johnson, St. Vincent hospital. Vane and Ruth Beaman, Bt. Vincent hospital. Phillip and Marguerite Halfaker, St. Vincent hospital. Frank and Marlon Millikan, St. Vincent hospital. Charles and Jennie Ashley, 414 8. Addison. William ond Ethel Patterson, 1541 Olive. Norris and Marie Swhear, 1540 N. Garfield. Carl and Bernice Dietz, 715 N. Wallace. Donald and Florence Willis, 1224 W. Eighteenth. Joseph and TUlle Nleten. 573 Tacoma. James and Marie Dempsey, Christian hospital. Twins Herbert and Deltah Darrah. 435 Berwick, girl and boy. Building Permits Albert Scribner, furnace, 1145 W. Thirtyfirst, S2OO. Samuel G. Volstead, garage. 631 N. Oxford. SI,OOO. Adah M. Fortner, reroof, 2*68 Broadway, $250. Readvertised Road Bids Opened Readvertised bids on State Rd. 34, from Clermont to Pittsborro, seven and one-third miles, were opened today by the State Highway Department. Low bidder was the Indiana Road Paving Company, Rochester, Ind. Low bid was $129,962.81, while the estimate of the commission was $135,490.79.
included Mrs. Elizabeth A. Perkins, president, Michigan Woman’s Christian Temperance Union; Harry A. Holmes, representative, New Zealand Temperance Alliance; Dr. Nedjib Moustafa, Detroit, representing the Green Crescent of Turkey; James Foster Wilcox, Philadelphia, Pa., representing the American Baptist Home Mission Society; John Hvidsten, State Inspector of Labor, Oslo, Norway, and Mrs. Sarah R. Wright, president, Canadian National Woman’s Temperance Union. A commemorative service was a feature of the afternoon program. Committee reports were presented at a business session.
DRIVER IS SOUGHT Hit-and-Run Culprit Struck Woman With Baby. Police today were unable to locate the driver of a large auto that struck Mrs. Mary Gibbs, 1262 W. Washington St., knocking her to the pavement at Harding and Washington Sts., Monday night and injuring her and her son, Glenn Jr., 6 weeks old, whom she was carrying. Glenn Gibbs Sr., told Lieut. O. D. Thomas that he preceded his wife as they crossed the street. He turned and saw her bowled over in the center of the street and the baby knocked from her arms. The auto that struck her was passing another auto and did not slacken its speed. He failed to get the license number. Mrs. Gibbs was injured about the shoulder and body and the baby was bruised about the face. Both were taken to the city hospital. A truck driven by Roy C. Wilcox, 35, of 328 N. Davidson St., and an auto by Nathaniel Pickering, 51, of 810 N. Tacoma Ave., collided at Park Ave., and .Twenty-Fifth Sts., Monday night. Lora Hulse, 8, of 2122 N. Chester Ave., riding with Wilcox, was injured about the head. LONG BEACH INVITES California City Seeks 1928 Kappa Alpha Phi Convention. Bu United Prets MUNCIE, Ind., Aug. 23.—Officers of the Kappa Alpha Phi fraternity for the coming year were to be elected lat? today at the annual national con/ention meeting here this week. The Alpha Chi chapter of Long Beach, Cal., made its bid today for the 1928 convention. No other chapters have yet extended invitations. One himdred delegates are attending the meetings, which began Monday, and fifty more are expected today.
amusements
PASSERI’S REVUE SIBYLLA BOWHAN ™°: A ftjn RUSSELL n,IU PARISH & PERU COMPANY Dally Pipe Organ Recital by Lester Huff Starts 12:40 Noon Doors Open 12:30
illKßimfili) ENGLISH’S 111 Tonite and all Week | R “The Whole Town’s Talking” 1 With IDABELLE ARNOLD Mat. Wed., Thurs., Sat. at 2:15 Next Week—THE IiHOST TRAIN
IiMBKL*rL STUART WALKER COMPANY ELIZABETH IJ A D l\fl ” PATTERSON Vn/\IVIH “IN LOVE WITH LOVE” MOTION PICTURES
JOHN GILBERT \ Renee Adoree \ and KARL DANE in uL. big ‘^lrade y INDIANAPOLIS IS CONVINCED that nothing greater, no war . Bkc 1 romance can equal this livid /% ? . tale...a picture as great as A Sy its subject. f L'J ON THE STAGE if Tommy Christian I Hon ** w and his Orchestra 1 — V Concerts at 2:15* 6:45 and 9:26 BJf 40c until 6 S> —— —.-^i Hr 40c and 60r I I / ISAdR'ACS 1 1 after fl p. m. 1 4 |[y/vl Jlk/> I Feature Shows at— .Jlßuimmini i.tflTi i ljsMll J 12:06. 4:45. 7:15, 9:45
'AUG. 23, 1927
OUTING FOR ORPHANS Twentieth Annual Elks Affair at Riverside. The twentieth annual outing for orphans wiil be held bv the Indianapolis Elks, assisted by women of the Cervus Club, at Riverside Park Wednesday. More than 500 orphans will attend. Wards of the Indianapolis Orphans’ Home, Negro Orphans’ Home, Day Nursery, German Protestant Home and Sisters of the Good Shepherd will be guests. They will be taken to the park in special cars sent to each institution at 9 a. m. by the Indianapolis Street Railway Company. They will return at 3:30 p. m. Games and contests, and free admittance to all park concessions are on the program. The Cervus Club members will serve dinner in the Riverside shelter house at noon. SCARE BURGLAR AWAY Police Chase Man From Rear of Poolroom. Police chased a man from the rear of the Ryan and Perrott poolroom, 37 W. Michigan St., when they went there at 2 a. m., today to investigate a burglary. He eluded them. George White, 1128 Central Ave., employe of the place went into the place after closing to get a drink. He heard someone at the rear window. Running to a nearby phone he called police. Motorpolicemen Englebright and Bernauer approached from the opposite direction. The burglar ~,aw them and ran. Bernauer said it was either a boy or very small man. White said the place was entered a month ago and $35 taken. FRIENDS TO THE END Railroads Provide Funeral for Aged Infirmary Inmate. Thomas Scott, 83, an inmate of the Marion County Infirmary for five years, was buried today at Floral Park cemetery, following funeral services Monday night at the Royster & Askin funeral home. “Uncle Tom,” as he was known to engineers and shopmen of the Indianapolis Belt Railroad, had no relatives. He was saved from county burial by his railroad friends, who provided funds for the private funeral and burial. The Rev. C. A. Hildebrand of the Friends Evangelical Church preached the sermon. Belt Railroad men acted as pallbearers. MOTION PICTURES
|A^id
amm THOMAS MEIGHAN In a Janies Cruze Production “WE'RE ALL GAMBLERS” ** • * COMEDY, POX NEWS WEEKLY, CHARLES B. LINES, EMIL SEIDEL'S APOLLO MERRYMAKERS. EARL GORDON, ORGANIST.
CHARLIE MURRAY GEORGE SIDNEY In a Big Laugh Riot “LOST th t e FRONT” Mack Sennet Comedy “SMITH’S CANDY SHOP" WELCOME WEEK M. G. M. NEWS
