Indianapolis Times, Volume 39, Number 91, Indianapolis, Marion County, 24 August 1927 — Page 14

PAGE 14

MART RESUMES RISING TREND DESPITESALES Efforts to Bring Reaction FSB as Selling Wave Is Absorbed.

Average Stock Prices

Average of twenty Industrials Tuesday was 187748 up .17, new high. Average of twenty rails was 140.89 up .57. Average of forty bonds was 98.01 up .03. Bu United Press NEW YORK, Aug. 24.—Despite efforts to bring a reaction today, the stock market absorbed selling and resumed its rise. Several issues rose to new high ground, including Chrysler, Postum Cereal and Pullman new stock, while utilities advanced, rails held firm, food shares spurted sharply and motor shares showed a preponderance of gains. Some of the recent leaders lost ground, while General Motors ruled steady around its previous closing level, until 2:30 when it soared to new high ground. The market was depressed sharply in the early session after an irregular opening, but after the first wave of selling, righted itself and toward the close prices kept their gains, the majority closing Mgher. Poods gave a demonstration of strength with Postum Cereal and National Biscuit leading. Mack Truck was in heavy demand, while large gain was scored by Packard. North American led utilities. Baldwin reached new high ground, while Atchison gained 2% points. Describing the market, the Wall Street Journal’s Financial Review said: “Upward tendencies in the main body of stocks easily held their own today. Several concerted attempts were made to start a reaction, but transactions were light on price recessions. It was evident that the market was correcting its position as it went along, substituting dullness and irregularity for an extensive setback. “Trading showed marked acceleration when professional pressure j was thrown aside. Plainly, the line of least resistance was on the upside. This condition encouraged continuance of aggressive operations for the rise in various groups. “General Motors was again the mainstay of the bullish contingent. Its rise to a further new high was followed by Packard, Chrysler and Nash. “Further gains in MontgomeryWard and Sears Roebuck, stimulated the merchandising shares, while the discomfort of shorts in Baldwin was aggravated by the latter issue’s climb to another record high.

Banks and Exchange

Local bank clearings today were $3,378,000; debits, $0,310,000. NEW YORK CLEARINGS By United Press NEW YORK. Aug. 24.—Clearings. $958.00.0,000: New York Clearing House balance. $106,000,000. FOREIGN EXCHANGE By United Press NEW YORK, Aug. 24.—Foreign exchange closed steady: Demand sterling. $4.85%; francs, 3.91%c; lira. 5.44%c; Belga, 13.91 c; marks, 23.79 c, up .00%: Montreal, sl.

Produce Markets

—Aug 24Butter (wholesale price/ Creamery, best grade. a> pound, 43®46c Butterfat—Local dealers. 41@43c. Eggs—Strictly fresh delivered at Indianapolis. 24@25c dozen. Poultry (buying prices)—Hens, 19@20c: Leghorn hens, 13® 15c; roosters, large, 10 @l2c; Leghorns and small, 14@15c; broilers, lbs. up, 19020 c; Leghorns and smalls, 14015 c; turkeys, hens, 20@25c; voung toms, 20@25c: old toms. 15020 c; duck*. 12@15c; geese. 8®10c; guineas. 35c. Bv United Press CHICAGO. Aug. 2' Uj Her—Receipts, 4.891: cremeries. 40%® standards. 40c; firsts. 37%03C' c nils, 3536%c; extras, 43%c. Eggs-'l'c its. 4.525; ordinaries. 23@25c: first',, 27’.028c; seconds, 21%@22%c: extras, 21%@29c. Cheese ■Twins, 23%c: young Americas 24%@ 25c. Poultry—Receipts, 4 cars; fowls, heavy, 23 Vic; small, 18c; springs, 23c; ducks, heavy. 20@21c; small, 18c; geese, 15020 c; turkeys. 25c; roosters, 16%c; broilers. 23c. Potatoes—Arrivals. 85;/ on track, 195 In transit. 529; Kansas and Missouri sacked Irish cobblers. $1.7001.85; New Jersey sacked Irish cobblers. $3.50 per 150-lb. sack; Nebraska sacked Irish cobblers. 180-210; Minnesota sacked early Ohlos, *1.4001.65 By United Press NEW YORK, Aug. 24.—Flour—Dull and easy. Pork—Firm. Mess—s3l. Lard— Firm. Midwest spot. $12.75012.85. Sugar Raw. firmer; spot, 96 test held duty Said, 4.52 c; refined, dull; granulated, 5.70® soe. Coffee—Rio No. 7. on spot. 13 %@ 13%c: Santos, No. 4. 17Vic. Tallow—Firm. Special to extra—7%@7%e. Hay—Dull; No. 1, $1.2001.25; No. 3, [email protected]; clover, [email protected]. Dressed poultry—Steady: turkeys, 20 0 60c; chickens, 20@>36c; broilers, 220 36c; capons, 30@46c; fowls, 13 020 c; ducks, 18022 c; ducks, Long Island, 23®>24c. Live Poultry—Firm: geese. 15c: ducks, 13@25c; fowls, 19@27c; turkeys. 25c; roosters, 17c; broilers. 20 029 c. Cheese—Firm; State whole milk, fancy to best, 25%@28%c; voung Americas, fresh. 28c. PotatoesLong Island. Si. 500 3.25; Jersey. $1,500) 2.75. Sweet potatoes—Jersey, basket. $1.50 0 2.50: southern, barrels, $1.50 04. Butter Firm: receipts, 12,743; creamery, extras, 43c; special market. 43%@44c. Eggs—Quiet; receipts. 17.363; nr--by white fancy, 480 51c: nearby State whites. 33 047 c; fresh first*, 28%030c; Pacific coasts. 36@49%c; western whites, 28037 c; nearby browns, 40043 c. Ity United Press N CLEVELAND. Aug. 24.—ButtCT. In tubs, extras. 46@47c: firsts, 43@44c: seconds. 39%@40%c: packing stock. 28@30c. Eggs Extras, 35c: extra firsts, 33c; firsts. 28c; ordinary. 25c; pullet eggs, 24c. Poultry— Fowls, 25026 c; Leghorn fowls, 17019 c: heavy springers, 27@29c; Leghorn broilers, 23025 c: cocks. 15@17c; ducks. 22® 23c. Potatoes—Jersey, sacks, [email protected]; Kentucky, sacks, $3.25.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, Aug. 24.—The opinion seems to be spreading throughtout the trade that the sugar market is due for a recovery which has resulted in some Increased speculative buying of the later deliveries. Tuesday business was heavier than for some time having as a basis not only the expectation of an Increased demand for refined but adverse reports as to the European beet crop, as well as intimation that the Cuban carry over might be restricted. The market seems to be working Itself out of its unsettled position and is attracting more eftention on the buying side. I believe the distant months will show good profits. By Timea Special PORTLAND, Ind., Aug. 24. Charles Longbrake, 54, Pennsylvan'; railroad conductor, died on the operating table of a hospital here after he had been run over by a section of cars of his train. His right leg was cut off and the left leg badly crushed. He had been an employe of the Pennsylvania twen-ty-nine years. His home was in Ft. Wayne. t

New York Stocks Bv Thomson A McKinnon 1

—Aug. 24Railroads— Prev. High. Low. 2:00. close. Atchison 196% 194% 196% 194 At Coach L....... 197 ... 197 . 196% B. & O 120% 120% 120% 12014 Can Pacific ....187>4 187 18714 187 C. & 0 193% 192% 193'% 192% C. &N. W 91% 91 >4 91% 91% C.. R. & P 112% 109% 111% 110% Del & Hud 21414 ... 214% *l4 Del & Lack 167 ... 167 167 Erie 61% 61% 61% 82 Erie Ist pfd .... 61% ... 61% 62% Ot No pfd 100 99% 99% 9912 Lehigh Valley 108 K C South 64% • 63% 64% 63% L. & N I 147% M. K. & T 47% 46 4714 46'% Mo Pac.pfd ....10214 ... 102% 102% N. Y. Central.... 158% 155% 156% 155% N Y. N H & H.. 49 48% 48% 48% No Pacific 95% 94% 95% 94% Nor & W 189% ... 189% 190 Pere Marq 13514 Pennsy 65% ... 65% 65% Reading ....115% 114% 115% 115% Southern Ry ... .135% ..f 135% 135 Southern Pac ...122% 121% 122% 122% St. Paul . 18% 1814 18% 18% St. Paul pfd .... 33 ... 33 32% St. L& S W... 8414 83% 84% 83% St L Sc 8 F 111% ... 111% 111% Union Pacific ..191 19014 191 189% Wabash 66% ... 6514 68% Wabash pfd 93% Rubbers— Ajax 8 ... 8 7% I Fisk 1534 ... 15% 1614 Goodrich 6.1% 6814 69% 69 Goodyear pfd .. 53 ... 53 53% Kelly-Spg 23 U S Rubber .... 50 48% 49% 48% Equipments— Am ar Sc Fd.104 ... 103% 10414 Amer Loco 113 ..." 113 113 Am Stl Fd 5514 . . 5514 55% Bald Loco 261 259% 260 % 258% Gen Elec .128 127% 128 128 Lima 67 ... 67 68 N Y Airbrake .. 45% 45% 48% 48% Pres Stl Car 71 7014 71% 69% Pullman 153 Wst% A B 186 ... 186 186 Wsth Elec 83% ... 8314 8314 Steels— Bethle 65 6414 64% 64% Colo Fuel 77% 77 77% 7814 Crucible 92 91 91 91'4 Gulf St Stl 5014 ... 5014 5114 Inland Stl . 53% ... 5314 53% Phil R C & 1.. 41% 40% 41 >4 41% Rep Stl 89% ... 6914 69% Sl-Shef 12814 U S Steel' 140% 13914 140 140. Alloy 29% ... 29% 2914 Vanadium 54% . 54 V* 55 Motors— Am Bo 21% 21 21 21% Chandler 19% 18% 19% 18% Chrysler 5914 58% 581, 59 g°n Mo 11 ... 11 10% Dodge 18% ... 18% 18% Gabriel 56% 55 55% 54% Gen Mo 234% 233% 234% 234% Hudson 86% 85% 86% 88% Hupp 18% 18 18% 18% Jordan n% ... 17% 17% Mack 99 ... 99 98V* Mar Par ....... 20 ... 20 19% Yellow Coach .. 32% 31% 32% 32% Nash .. ~.^v . ,. 82 79% 81% 78% Packard % 42% 41 Vs 42% 41% Peerless 24 ... 24 23% Pj e rce Ar 12% ... 12% 12% Studebkr 52% 52% 52% 52% Stew War 63% ... 63% 64 T nilcen 128 . . 127 127% Willys-O .* 18% 171/a 18% 17% White Mo 39% 39 39 39% Mining— Am Sm 171% 169% 171 171 Anaconda 47% 46% 47 47% Cer De Pas ... 66% 66 ... 65% InjPlf, 19% ... 19% 20% Int NIC 68% 67% 68 68% ICennec 71% 71% 71% 71% Tex G & Sul 66 65% 66 65^/ At Ref 124 123 124 124 gal Pfte 22% .. . 21% 21% Freep Tex 74 % 73 %■ 74% 74 Houston 134% 132% 133% 134% Jndp Oil 21% ... 21 >* 21 Marland C .... 37 36% 36% 37% 5.1d C Pete 31% ... 31% 32 ga o 30V, 30 30% 30 Phij'i l ", Pcte B 4 ' 49 % 50% Phil Pete 43% 42% 43% 43% Union Oil 43% 43% 43% 43% Pure Oil 27 .... 27 27 Royal Dutch ... 46% ... 46% 46V, ghel 27% ... 26% 27% Sinclair 17 ... i 6 % 17 /a Skclly 27% 26% 26% 27% Std Oil Cal .... 54% . 54% 55 Std Oil N J .... 39 38% 39 38% Std Oil N Y .... 31% . * 31% 31 % Texas 49% 49 49% Tians Pete 8% ~ 8% B't industrial:!— * 83 Adv Rumely . 13 Alhfd Chen, ...158% 1577% i58% 157% Armour A 0% ... 91 9% Amer Can 62% 61% 62 62 Amer H-L m Amer H-L pfd .. .. .". 64% Amer Safely R 46 . t" Amer Wool .... 22% 22 22% 32% Coco Cola , 117% Cont Can 75% 75% ’75*4 7554 Dav Cheat 36% 34% 36% 34 Duoont . 2P9 298 298 29Q 3 i Pam°us PI ... 105*/ 2 106 U 106*2 Gen AsDhalt . .*68% ... 67% 68% Int papeT.;::: i v * ft* §* M^ y I D r sta ';:;; 1 79 194, -> *8 19 g! JSS tSd - .:::: 7J,/2 ' 72,/ * 72,/a , 72 $ Owen Bottle .. . ] A,,’? paiVk-:::::: 881/ ’ *s& $ Unjted*DrV .7 . V3 ’ 4 . 72 ' /b 73 v% y o m n::.w: 2#?i - ? Woolworth* 172% ™ , Utilities— 74 "• 1,1/4 1774 AS Express !. 154' * 169 * }K* Jg* Am W W.... 5 .', lUt *5?., WMV.::: sg | * Interbo'ro 112,4 { pe°opiSi e a c ;“.:::: 1 5i>i 50 s h oas andjn:::: lo el W Shinpilng—" " W 4 ’ J 164 ' 3 1e5 % Am Sand C 3% 334 33/. Atlantic G .... ’ * ,2,' 4 In Food^- M 3834 38 ’ 4 - 3fl * a'b s'ugVr , 91% , 917/ * 91 Cuba C r p d fd 38% "• 38% 55 '' Cub A sugar ... 23'/a .A 23% '23% SwSf&. n ,’” 637i 831/4 833/4 gif pjfnta B Aie lt ..::;; i^ ,/4 ::: Ht w o,t B u k m ,Bi -:: 8% iis 1151/4 Sra;*.:::-. 82 * ••• 823/4 I.orlllard 42 ii V, 1 - J, Tob P R mi 136 136 V* u°ci* st B or.::::: &£ ::: SSft 3®!:? Schulte R 8 .... 55% ... 5514 551/* BUTLER OFFERS NEW BIBLE STUDY COURSES Classes Open to All Freshmen Classification. Prof. Everard R. Moon of the Butler College of Religion, will conduct courses in Bible study for Butler University students this year, Dr. Robert J. Aley, university president, announced today. During the first semester a/threehour a week Old Testament class will be taught, followed by a New Testament course, the second semester. The classes will be open to all students above the freshman class. Professor Moon was a member of the College of Missions which was ■closed by trustees last June. The Butler College of Religion has taken over the College of Missions building and will offer a number of new courses, Dean Frederick D. Kershner announced. URGES INDUSTRIAL AID “An industrial foundation for Indianapolis could not only aid unprosperous indutsries that are now In existence, but could bring many new concerns to the city,” E. O. Snethen, industrial committee chairman of the Indianapolis Federation of Community Civic Clubs, told Universal Club members vTuesday at the Columbia Club. Snethen urged the adoption of the plan to aid weak concerns.

Local Wagon Wheat .

\Local grain elevators are paying $1.28 No. 2 red wheat. Other grades 7 are purchased on their merits.

HOGS CONTINUE RISE AT STOCK MARKET HERE Most Material Buoyant as Boying Picks Up; Sheep Down. —Hog Price Range—--17 UK ' 9.254710 75 11.00 6.000 18. 9.254110.50 10 75 8.000 19. 9.254(10.40 10 75 5,500 20. 9.254410 75 10.75 4/800 22. 9.25010 85 10.80 6.000 23. 9.504/10.75 10.95 6.000 24. [email protected] 10.85 5,000 The hog market at Union Stockyards today continued its upward trend and prices were quoted from steady to 25 cents higher on the hundredweight. The top price was $10.85. The bulk of material sold on a slo@ 10.73 range. Receipts were estimated at 5,000 head with 368 holdovers. / Hog Price Range Porker material in the 160-200-pound class sold at $10.50# 10.85; 200-220, $10.25@ 10.50; 225-250, $10.25 @10.50; 250.300, [email protected]; 300 up, 1 [email protected]. Pigs sold at $9.50 down. Packing sows, $7 @8.25. Cattle Division The cattle department was steady with beef steers bringing from sll @13.50. Beef cows sold on a $6.25 @ 8.25 range. Calves receipts were 600. Vealers sold from $15.50 down. The sheep market took a downward trend and prices on lambs were from 25@50 cents lower than the previous day's close. Top fat lambs brought $12.25 and the bulk of material sold on a sll@l2 range. Receipts were estimated at 1,000. / - —Hogs— Receipts, 5,000; market, strong. ? 9 : 139 lbs ) 8.0044 9.25 122-12° lbs 9.254ii10.50 J 99 lbs. 10.504/10.75 225-250 bs 10.25® 10.50 250-300 lbs 9.75® 10.25 300 lbs. up 9.00® 9.75 —battle— Receipts, 1,000; market steady. Beef steers $10.50®13.25 Beef cows 6.254/1 8 25 Low cutters and cutter cows.. 4.254/j 5:25 Bulk stock and feeder steers.. 7 25@ 8.25 —Calves— Receipts, 600; market, weak. Vealers *ls 004*16.00 Heavy calves [email protected] —Sheep and Lambs— Receipts. 1,090; market lower. Top fat lambs *u 75 fa f, ’i am t s 12:504*18.00 Bulk cull lambs 6.504* 9.00 Fat ewes 4.50® 8.50 Other Livestock Bit Times Special 7nn° Aug. 24.—Hogs—Receipts. 700, market steady; tops. *10.75. Cattle— Rece.pts, 100: market steady. Calves Receipts, 250: market steady; good to Jboioe, $12@14: melium to good. *9.50® 11.5 C; outs *9.50 down. Sheep—Receipts. 900, market. lambS/ 60c lower: seconds and sheep steady: mixed lambs, Sl2: ewes and weathers, *12.50; second. *7.50; sheep. *3.50 Hit f’ntt rs Pr ss 1 Au *- 24.—Hogs—Rece'pts. 1.000; market Steady to 10c up; 250-350 lb- *9® i0.25 : 200-250 lbs., *10.254/11J??; 200 J b , s ,V. VlfcH-SO: 130-160 lbs.. *10.75 ®>H; 90-130 lbs., *10.504/10.75; packing sows, *7.50® 8. Cattle—Receipts, 50 calves, receipts 125; market steady; beef sle s rS u *10.5(5® 12.25; light yearling steers and heifers not quoted: vealers. *13.50® 17. Sheep—Receipts. 100; market steady sjsr&gM* “ mb *- * l4: buik cuh lift United I‘r' ss EAST BUFFALO. Aug. 24.—Hogs ReCflPts. 1.200; holdovers. 198; market 5^ a S^ t< l L 25c up; 250-350 lbs.. $9®10.7511 b n" A*®-, 7 !® 11.25; 160-200 lbs., 130-160 lbs.. *10.754*11.40; 9 9;130 lbs., *10.50® 11; packing sows. *7.50 4/8.25. Gattie—Receipts, 125; calves re- • c3?° ; market steady: vealers, *16.50 @l7. Sheep-Receipts. 200: market steady to 25c up; top fat lambs, *l4; bulk fat [email protected]; bulk cull lambs, *9.50 @10.50; bulk fat ewes. *[email protected]. Oil United I’re Its * Aug. 24.—Hogs—Receipts, 1.700; market steady: lbs., *8.50® 10; 200-250 lbs., *9,75® 11; 160-200 lbs.. *ll AMUSEMENTS

PASSERI’S REVUE SIBYLLA JAC V T c r SE BOWHAN F ;™°; AND RUSSELL PARISH A PERU COMPANY ? r a | 3 u °p n e Dally flpe Organ Recital by Lester Huff Starts 12:40 Noon Door a Open 12:30

PUVERSm NGLISH’S inite and all Week j hol2 Town’s Talking” With 4 IDABELLE ARNOLD Mat. Wed.. Tlinra., Sat. at 2:15 Next Week—THE GHOST TRAIN

agar, i _-it|fif i _ in %xaqn jhßiE,*™'., STUART WALKER COMPANY ELIZABETH A DIM” PATTERSON w"L “IN LOVE WITH LOVE”

MOTION PICTURES

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

apM9> THOMAS MEIGHAN In a Janie* Cruze Production “WE’RE ALL GAMBLERS” ** * • COMEDY, FOX NEWS WEEKLY, CHARLES B. LINES, EMIL SEIDEL'S APOLLO MERRYMAKERS. EARL GORDON. ORGANIST.

THE INDIANAPOLIS TIMES

011.25; 130-160 lbs., [email protected]; 90-130 lbs., *lo® 10.25; packing sows. *[email protected]. Cattle—Receipts, 250; calves, receipts 350; market steady, beef steers. *8.40® 10.75; beef cows, *5.754*7.50; low cutter and cutter cows. *[email protected]; vealers. (15.504* 17.50. Sheep—Receipts. 700: market steady; top fat lambs. *13.50; bulk fat lambs. *l3 @13.50; bulk cull lambs, *10011; bulk fat. ewes. *4.50@7. Op United Press CINCINNATI, Aug. 24.—Hogs—Receipts. 3.000; holdovers. 2,579: market, steady to 250 up; 250-350 lbs.. $8,754/10.25; 200-250 lbs., *lO4/11: 160-200 lbs.. *10.75@11; 130160 lbs.. *[email protected]; 90-130 lbs.. *7O 10.50; packing so'ws. s7@>B. Cattle—Receipts, 300; calves, receipts. 350; market, steady; beef steers, 394*11.50; light yearling steers and heifers, $8011.55; beef cows. $5,754*7.50; low cutter and cutter cows. $4.2505.25; vealers. *12015.50; heavy calves, *10012; bulk stock and feeder steers. *B®>9. Sheep—Receipts. 3,800; market, lambs lower; top fat lambs. *l4: bulk fat lambs. *10.508*13.50: bulk cull lambs, *6.50 08.50; bulk fat ewes, *4.50@ 6.50. It 11 United Press TOLEDO. Aug. 24.—Livestock: Hogs—Receipts. 600; market, steady on best hogs; heavies. *94/9.50; mediums. *10.50011.50; Yorkers. *10.55® 11.15; good pigs, *lo4* 10.25. Cattle—Receipts, light: market, steady. Calves—Receipts. 11* lit; market, strong. Sheep and lambs—Receipts, light; market, slow and lower. CHICAGO. Aug. 24.—Hoes—ISoft or oily hogs and roasting pigs excluded) —Receipts, 15,600; market, uneven, generally steady to 10c up; heavyweight, 250-350 lbs., medium to choice. $8.604/9.85; medlumweieht. 200-250 lbs., medium to choice. *0.258/10.75; lightweight, 160-200 lbs., common to choice, $9.504/10.80: light lights. 130-160 lbs., common to choice, *[email protected]; packing sows, smooth and rough. (7.25® 8.40: slaughter nigs, 90-130 lbs., medium to choice. *8.50010. Slaughter cattle and calves—Steers. 1500 lbs. up. good and choice. *11.754/14.65: steers, 1100-1500 lbs., choice. *13.504/14.50; good. *11013.60; steers, 1,100 lbs down;—choice, *13.25® 14.25; good. 510.75® 13.50: medium. *8.50® 11.50; common. *7 0 8.75; light yearling 'steers and heifers, good ana choice, 856 lbs. down. 310 [email protected]; heifers, good and choice. 50 lbs. up. (8.254*12.50: comm> /■ and medium, all weights. *6.7509.75- cov good and choice. *6.50010; common and medium. *5.404/6.50; low cutter-cutter. $4.75 0 5.40: calves, medium to choice. *8 4/11.50; vealers. cull to choice. *7015; feeder and stock cattle, steers, common to choice. *[email protected]. Slaughter sheep and lambs—light and handvwelght. 92 lbs. down medium to choice, *11.25013.85. Cull and common—All weights. (8.254/11.25; ewes, medium to choice. *3.760 7.25; cull and common, *1.50 0 4.50. Feeding lambs—'Range stock) feeding lambs, medium to choice, [email protected]. EAST ST. LOUIS. Aug. 24.—Hogs—Receipts. 11.500; holdovers, 2.816: market, generally steady: 250-350 lbs.. *8.658/ 9.90: 200-250 lbs., ([email protected]: 160-200 lbs.. JlJTfr 0 10.85: 130-160 lbs., $9.2:@10.65; 90-130 lbs.. *8.754/ 10: packing so vs. $7,504; R 25. Cattle—Receipts, 6.000: calves, receipts 2,500: market, native steers steady; fat yearling strong: beef steers. *ll4/13: light yearlings and heifers, *9011.50; beef cows. *607: low cutter and cutter cows, *4.500 5.25; vealers, (15.50; heavy calvers. *7.500 9. Steep—Receipts. 3.500; market, steady; top fat lambs. *12.75; bulk fat lambs. *12.504*12.75: bulk cull lambs. $8 50; bulk fat ewes. $4.50 0 5.50. Brothers Introduced EVANSVILLE, Ind., Aug. 24. Henry Elsasser, Evansville, and his brother Tom, Shawneetown, 111., have been separated by only eightyfive miles in point of space but by twenty-nine years in point of time. They did not recognize each other when they met at Shawneetown and went through the formality of an introduction by friends. MOTION PICTURES

filSI

THIS WEEK ONLY House Opens at 11:45 40c r/i 40ci60c- 6 “L.

; John Gilbert t Renee Adoree \ KARL DANE in qpADE Feature shows at 12:00. 2:30. 1:45. 7:15, 9:13 : It’s like a bayonet thrust ! into the emotions—sharp —piercing! It’s a glow of 5 romance—beautiful— 3 sweet! ON OU* STAGE ’ Tommy Christian • and his Orchestra sAnimaUd 1

iCfcXT WEEK IS OUR ELEVENTH ANNIVERSARY MAMMOTH PROGRAM : WARING’S j PENNSYLVANIANS On the Screen,. , "THE STOLEN BRIDE” ,

i jjjij ■vAr-MUIHAU I ; I

first Run Features ISIS OM ositc Terminal Station Today, Thurs, Frl. and Sat. "BREED OF COURAGE” With Ranger, the Dog Star “THE SQUARf SHOOTER" Starring Eo'mond Cobb CARTOON COMEDY ] 1 Qo—ALL SEATS—I Qc

GRAIN MARKET LOW; TRADERS GO CAUTIOUSLY Grain Men Watch for Weather Reports and Harvest Estimates. By United Press CHICAGO, Aug. 24.—Traders in the grain pits here were extremely cautious early today, seemingly content to await any news which would have a decided effect one way or the other in the wheat market. This g-ain opened % to % cents lower than the close Tuesday; corn opened % to % cents lower, and oats unchanged to % cent up. There was litle change in weather conditions in the American and Canadian northwdfet today, but indications were for rising temperatures. Liverpool wheat opened weaker. Temperatures over the born States were exceedingly low, but there were no frost reports. Activity was curbed by the waiting attitude of traders. The pit is generally bullish. The trading in oats showed no improvement early. Provisions opened steady. Chicago Grain Tabie WHEAT— Prev. Open. High. Low. Close, close. Sept.. 1.40 V. 1.40% 1.36% 1.37 1.40% Dec... 1.44% 144% 1.40% 1.40% 1.44% CORN— Sept.. 1.12 V. 1.12% 1.10 1.10% 1.12% Dec... 1.16% 1.16% 1.14 1.14% 1.16% March 1.19% 1.19% 1.17% 1.17% 1.19% RYE— . Sept.. .98 .98 ,96V. .96% .98% Dec.. 1.01 1.01 99 .99% 1.01% March 1.04% 104% 103% 1.03% 105 OATS— Sept.. .St's .46% .45% .45% .46% Dec.. . .50% .50% .49% .49% .50% March .53% .53% .52% .52% .53% LARD— Sept. 12.60 12.70 12 60 12.67 12 55 Oct.. 12.70 12.82 12.70 12.80 12.67 Jan. 13.25 13.35 13 25 13.27 13.22 RIBS—--Bept. 11.75 11.75 11.67 11.87 11.75

Aa subscriptions have been received In excess of the ninount of bopri* offered, this advertisement appears only as a matter of record,

EXTERNAL LOAN OF 1927 THIRTY-YEAR 5 % GOLD BONDS Dated SepfCmher 1, 1927 Due September 1, 1957 Interest Payable March 1 and September 1 . NOT REDEEMABLE PRIOR TO SEPTEMBER 1, 1947 Rcdc .r'Ai, ttt the option of the commonwealth, as a whole or in part, upon 60 days’ notice, on a.rj : Arcst payment date, as follows: on or after Sept ember 1, 1947, and prior to September 1, 1952, at 102% and accrued interest,; on or after September 1, 1952, at 100% and accrued interest. Coupon bonds in denomination of SI,OOO. TV; ’ -.'A interest payable in New York City, cither at the office of J,. P. Morgan ts- Cos., or a' ih: National C'. y Bank of New York, in gold coin of the United States of America of the pros'.:t standard of weight and fineness, without deduction for any Australian taxes, present or future. The following statement has been made on behalf of the commonwealth of Australia by ih commissioner in the United States of America, Sir Hugh R. Denison, K. B. E.i . The commonwealth of Australia Is an integral part of the British Empire and comparable t,E ‘ rR In Importance with the dominion of Canada. Loans of the commonwealth issued in London enjoy the highest credit and constitute a legal investment for trustees in Great Britain. prarOSE of This loan is issued by the commonwealth of Australia as a central borrower on behalf of issue itself an:l the states of Australia. The proceeds of the Loan will be used for developmental ' and-productive public works and for the payment of maturing debt. The commonwealth has established a sinking fund for its public debt under the national debt SINKING FIND „ JnkinK fuud acts, which pro ids that, dining a 50-yeur period beginning in 1923, payments from revenue to the sinking fund must be mer est the rate of not less than M % per annum of the amount of the commonwealth loans oiUstanding in 1923 and loans subsequently issued, except those raised for the purpose of making local advances widen are to be repaid to the commonwealth and credited to the sinking fund. All MGerinan reparations received by the commonwealth and one-lialf of the net profits of the commonwealth bank of Australia must also be paid into the sinking fund. Bonds acquired for the sinking fund must be cancelled and sums equal to Interest at 5 per cent per annum on such bonds must be paid from revenue into the sinking fund (except as to bonds repurchased or redeemed out of repaid advances, out of German reparations and out of surplus revenue paid into the sinking fund). "The sinking fund is under the administration of a national debt commission, which applies the sinking fund moneys to the retirement of commonwealth debt by the repurchase of loans in the open markets, by the redemption of loans prior to maturity, or by the payment thereof at maturity. In addition to the mandatory payments into the sinking fund, the treasurer of the commonwealth has authority to apply surplus revenue to redemption of debt, and in the four years ended June 30, 1927, $36,088,772 of surplus revenue has been so applied. The total amount applied from all source? to debt redemption in the same period of four years was $126,808,454, equivalent to an average annual r.-.te of redemption of about 1 M per cent. The total gross debt of ttffe commonwealth as of June 30. 1927, amounted to $2,243,786,167, GOVERNMENT consisting of $402,196,472. of external debt in the hands ot *he public; $416,440,265 debt to the British government (to be amortized by 1956 under a funding agreement of 1921); nnd $1,425,149,430 internal debt. At a recent conference of premiers an agreement was entered Into for adjusting the financial relationships between the commonwealth and the states of Australia. Tills agreement will operate for two years, before the end of which period tlte people will be asked by referendum to embody the terms of the agreement permanently In the federal constitution. The agreement contemplates that the commonwealth shall take over the debts of the states, the commonwealth to apply for a period of fifty-eight years from July 1, 1927, towards the interest on those debts, a sum equal to the total of the per capita payments made by the commonwealth to the states in the year ended June 30, 1927. nnd the states to provide the balance of the interest. There is a further provision that the commonwealth and the states, out of their respective revenues, shall make annual contributions to a sinking fund, designed to extinguish the present debts of the states in a period of between fifty nnd sixty years from tlve present time and all future loans within a similar period from tine time of their Issuance. All future, borrowing for the purposes of the commonwealth and the states Is to be arranged by the commonwealth, in accordance with decisions of the loan council, which is representative of the'commonwealth and of the states. In respect of such borrowing, commonwealth securities are to be issued, except where the loan council unanimously decides that the securities of a state may be issued, in which case the state securities so issued are (o be guaranteed by the commonwealth. The ordinary revenues of the commonwealth In the fiscal ended June 30. 1927, amountFirF\nrrniFM to $ ;, * fi 0,405,716 and its ordinary expenditures to $367,392,466, resulting *n a surplus of $13,013,250. The expenditures include $16,110,188 applied from revenue to the redemption of , debt. j The monetary unit of Australia is the pound sterling, the gold standard having been restored SYSTEM* 8 * 0,1 A P ril 28 1025, coincidently with similar action in Great Britain. The commonwealth bank of Australia has the sole power of note issue and holds a gold reserve of over 45 per centT against its outstanding notes. All figures stated in dollars in the above statement have been converted from pounds sterling at par of exchange. * * , THE AB(XYH BONDS ARE OFFERED-FOR SUBSCRIPTION, SUBJECT TO ISSUE AND DELIVERY TO US AS PLANNED, AT 98% AND ACCRUED INTEREST, TO YIELD OVER 51/ 8 % TO MATURITY. Subscription books will be opened at the office of J. P. Morgan & Cos. at 10 o’clock A. M., Wednesday, August 24, 1927, and will be closed in their discretion. The right is reserved to reject any and all applications, and also, in any case, to award a smaller amount than applied for. The amounts due on allotments ivill be payable at the office of J. P. Morgan & Cos., in New York funds, the date of payment (on or about September 7, 1927) to be stated in the notices of allotment. Temporary bonds or interim receipts will be delivered, pending the preparation and delivery of definitive bonds. J. P. MORGAN & CO. THE NATIONAL CITY COMPANY FIRST NATIONAL BANK , York GUARANTY COMPANY OF NEW YORK BANKERS TRUST COMPANY, New York HARRIS TRUST & SAVINGS BANK LEE, HIGGINSON & CO. BROWN BROTHERS & CO. ' KIDDER , PEABODY & CO. New York, August 24, 1927.

Bu Times Special CHICAGO. Aug. 24.—Primary receipts: Wheat. 2,335.000. against 1.760,000: corn 903,000, against 363,000; oats, L 232000 against 923,000. Shipments: Wheat. 1.545,000, against 1,460,000; corn. 531.000, against 224.000; oats. 305,000, against By Times Special CHICAOO, Aug. 24.—Carlots: Wheat, 131; corn, 114; oats, 92: rye, 2. By United Press CHICAGO. Aug. 24.—Cash grain: Wheat —No. 2 red. $1.40%; No 3. $1.30%®>1.39%; No 1 hard. 31.41: No. 2. $140%@1.40%: No; 3, *1.39%@i.40. Oorn—No. 2 yellow, fi.12V4m.13; No. 3. 31.UOI.llH: No. 4, $109%@1 11: No. 5. 31.0601.08%; No. 6, $1 0501.08%: No. 1 mixed, blank; No. 4. *i;o6: No. 5. $1.06; No. 6. $1.0501.05%; No $ white. $1.12%: No. J. *1.11%; No. 4. *107%: No. 5. *1.06'/[email protected]; SR. $1.01% @lO4. Oats—No. 2 white. 48@50%c: No. 3. 46%@48%c; No 4. 44%047c. Barlet—80@88c. Rye—No. 1, SI; No. 2, 99%0 99%c; No. 3. 98c> Timothy—*[email protected]. Clover—Blß.so® 26.50.

Gone, but Not Forgotten

Automobiles reported stolen to police belong to; Jerome Hinton, 216 Sanders St., Ford, 529-315, from Pennsylvania and South Sts. * Wilton Allison, 1129 N. Senate Ave., Ford, '595-619, from 429 N. West St. E. Cooper Zaring, Apt. 112, 3015 N, Meridian St., Marmon, 27-074, from Bird and Ohio Sts. Gerald Baker, 319 N. Jefferson Ave., Chevrolet, 561-569, from Virginia Ave. and Washington St. Arthur Chevrolet, 410 W. Tenth St.. Ford, 11-420, from rear of that address. John Crook, 2187 Hillside Ave., Ford. ,493-949, from Virginia Ave. and Washington St. BACK HOME AGAIN Automobiles reported found by police belong to: John Neihaus, R. R. 5, box 720, Ford, found at 3500 N. Guilford Ave. Norvall Bennett, 1655 Cornell Ave., Nash, found at Twenty-First St. and Northwestern Ave. The minimum age of 14 years for employment in industry has been adopted by fifteen nations, as a result of the decision of the Washington conference of 1919.

$40,000,000 Commonwealth of Australia

Commission Row

■'' ■ ■ - ■ PRICE TO RETAILERS —Aug. 24 FRUITS Agjjles—Box apples—Winesap, $3. New apples—Trahsparents, 40 lbs., $3; Duchess, $2.50@3; Wealthy, $2.50®3. Apricots—California. $2 crate. Bananas—4@sc lb. Cantaloupes—lndiana, standard crates. $3; flat crate, [email protected]. Cherries—California. $4.50 (15 lbs.). Grapes—California seedless, $1.85 box. Grapefruit—California, *4.50 crate. Hone.vdew Melons—s 2 [email protected]. Lemons—California, *808.50. Limes—California. $3 per hundred. Oranges—California Valencias, crate, *4 08:50. 'Huckleberries—Virginia. $3 *ls lbs.) | Peaches—Elbertas, [email protected]. Pears —California, per box, $4. Pineapples—Cuban. $303.50. Plums—California, $3. Watermelon*—Georgia, average 30 lbs., 75c. VEGETABLES Beans—Stringless. $1.50 hamper: H. O. lima, 50c lb.; Ken'-icky Wonders, $1.25 bu. Beets— H. O . 30 -. d0z52.50 bbl. Cabbage—H. G., $2 bbl/ Carrotts—H. Q.. 35c doz.; bulk, $1.35 bu. Cauliflower—H. O , *3.25 crate. Celery—Michigan, Highball, $1.25 crt. Corn—Kentucky. 35@40c dozen. Cucumbers—Hothouse, 85c doz. Eggplant—H. 0.. $250 doz. Garlic—California. 15c lb Kale—H. 0.. 65c bu. Lettuce—California, head. $505.50 crate; H. O. leaf, 15 lbs., 75c. Mangoes—Louisiana, *1 hamper. Okra—Tennessee, $1 basket. onions—Spanish. [email protected] crate: H. G. green, 40c dozen; H. O. white Bermuda, $3 u.; H. G. yellow Bermuda, $1.35 bu.; Walla Walla yellow. 100 lbs., $2.75. Parsley—H. G., 50c per bushel. Peas—H. 0., 50 lbs., $7. Potatoes—Virginia Cobblers. *3.75 bbl ; Kentucky Cobblers, $3.5003.75. Radishes—H. G., white, 35c; red, 35c @soc; H. G. buttons, 50c doz. Sweet potatoes—Alabama, $1.35 hamper. Sp.nach—H G., 75c bu. Tomatoes—H. G. (hothouse). 50c, 15-lb. basket. Turnips—H. G.. $3 bu. By Uuited Press CHICAGO. Aug. 24.—Berrfts—Dewberries. $3.250 3.50 per 24 pts.; black raspberries. $2.5003 per 24 pts.; gooseberries, $2.5002.75 per 16 qts.: red raspberries, $3.5003 75 per 24 pts. Green fruits Apples. $2.25 0 2.50 per bu.; cantaloupes, $2.750 3.50 per crate; cherries. [email protected] per 16 qts.; crapes, 30@35c per basket: peaches. $2.5003 per bu.; pears. $202 50 per bu.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Aug. 24.—Illustrating tha change In public opinion, when the recens government estimate was published the trade thought It unreasonably low. Today I know very few cotton men who think the crop is more than 13,000.000 bales. Asa rule we get one reaction everv day and thats the time to buy.

AUG. 24, 1927 '

COP IS SUSPENDED Negro Patrolman in Accident Admits Drinking. Patrolman Norval Bennett, Negro, 1655 Cornell Ave., was suspended at 4 a. m .today, charged with conduct unbecoming an officer by Acting Capt. Fred Drinkut. Bennett’s auto crashed into a light pole at Northwestern Ave. and Twenty-First St., demoralizing the light service in the northwest section of the city, and injuring himself, police said. Three stitches taken at the city hospital closed a cut on his forehead caused by flying windshield , glass. Bennett is said to have admitted to Sergt. Frank Reilly and emergency squad that he had been drinking and became confused while trying to avoid collision with a street car turning the corner. Bennett was appointed to the force Oct. 25, 1925FOUR WOMEN INJURED IN STREET CAR CRASH Three Victims of Collision Are Taken to Hospital. Pour women Vere injured when a Columbia Ave. street car in charge of Jesse Floyd, 1122 3. St. Clair St, crashed into the rear end o Brookside Ave. car at Massachuretts Ave. and Bellefontaine St. late Tuesday. of the injured, Miss Ruth Lather, 25, 2645 E. Seventeenth St., i~~s in lured; Miss Florence Cruea, 17, of 417 Highland Ave., legs hurt, i i-Hoeile Clouse, 17, of 2542 Brookside Ave., cut by glass, were taken to the city hospital. Miss Bertha Slade, R. R. J, Box 57 B, was taken to 1429 N. Hamilton Ave., with leg injuries.