Indianapolis Times, Volume 39, Number 99, Indianapolis, Marion County, 2 September 1927 — Page 23

SEPT. 2, 1927

ADVANCE HOLDS THRUOUT TRADE ON STOCK MART Tradition Ignored in Face of Two-Day Holiday, Carrying on Upswing.

Average Stock Prices

Average of twenty Industrial! Thursday was 191.58, up 1.77. Average of twenty rail* was 139.38, up .82. Average of forty bonds was 97.92, off .02. By United Press NEW YORK, Sept. 2.—Casting tradition aside the stock market carried further Thursday’s advance, despite the fact that a two-day holiday was in the offing and 4n the face of a rise of $15,000,000 in brokerage loans. Railroad shares stood out prominently, with Western Maryland issues soaring 2 to 3 points. New Haven spurted more than 2 points, New York Central more than 1, Kansas City Southern, 1%, and Erie fractionally. This month’s earnings of the carriers are expected to be the turning point for the better. Mercantile shares continued in exceptional demand, as did coppers, with Greene Cannae soaring more than 4 points. Rubber shares, motors and even the oils rose. American Can, Allied Chemical, General Electric, Hocking Valley and a long list of other issues advanced to new high ground. Hocking Valley was up 26 points at 320 in oddlot sales. International Harvester rose in good demand. Showed Optimism Describing the market, >he Wall Street Journal’s financial review said: Throughout the seasonal recession in business this summer, standard stocks have maintained a confident tone. In other words, the aggregate intelligence -of the financial world has steadfastly held to the belief that the falling off in trade was a temporary matter and would be followed by a prosperous autumn. Justification for this optimism is now coming to life. On top of the impressive gains in mail order business last month, news came today that the Steel Corporation had stepped up its operations more than 2 per cent to above 71 per cent. This development was taken to mean that industrial executives were returning from their hot weather vacations and beginning preparations for the fall trade campaign. Advance Widespread This situation found reflection in another vigorous demonstration in representative stocks throughout the list. Evidently buying orders on a large scale had been held in abeyance pending business development. When it was seen that the trade balance was entirely turning towards improvement, the willingness to buy was translated into actual orders. Asa result, the whole industrial list advanced aggressively, with recognized leaders like Steel, American Can, Allied Chemical and General Electric again at the head of the procession. But the most impressive feature of the day’s trading was the revival of buoyancy in the carrier group. Railroad earnings are even more dependent than those of industrial companies on the volume of fall and .winter beusiness and the improved outlook in this respect created urgent demand for high-grade rails, particularly the shares of coal roads. Hocking Valley staged an extraordinary uprush, while substantial gains were scored by Lehigh Valley, Delaware & Hudson and Reading.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearinits today were *3.884.000: debits. $6,955,000. NEW YORK STATEMENT By United Press NEW YORK. Bept. 2.—New York clearIngg. $1.23!,000,000; clearing house balance, *115.000,000; New York Federal Rcaerve Bank credit balance, *110,000,000. FOREIGN EXCHANGE By United Press NEW YORK. Sept. 2.—Foreign exchange open'd Irregular. Sterling, demand, *4.8511-18, up .00 l-32c; francs, 3.91%c, off .°o'/,e: lira. 5.42 c, up .00%c; belga, 13.91 c, off .00%c; marks, 23.77 c, off .00%c.

Produce Markets

Butter (wholesale prlcei Creamery, best grade a pound. 44@47c. Butterfat—Local dealers, 42®44c. Eggs-Strlctly tresh delivered at Indianapolis. -'6 a 27c. Poultry (buying orlcesl—Hens. 19®20c: Leghorn hens, 13© 15c; roosters. 10 <. 12 c; broilers, Va lb. up, 19®20c; Leghorns and small broilers, 14® 15c: turkeys, hens, 20<825c; young toms. 20®25c; old toms, 15 @2oc; ducks, 12@15c; geese. 8@10c: guineas. 35c. li.il United Press CHICAGO, Sept. 2.—Butter—Receipts, 10,575; creameries, 41Vi043c; standards. 41c: firsts, 37>4@38tic; seconds, 35'/,® 36Vic; extras, 44c. Eggit—Receipts, 7,353; ordlnarlees, 23®27c; firsts, 29'/a@3oc; second*. 21V , 2®23ViC; extras, 30Vi@31c. Poultry—Receipts. 9 cars; fowls, heavy. 20‘/ 8 c; small, 15c; springs, :11V4@22c; ducks, heavy, 20@21c; small, 18c; geese, 17c: turkeys, 25c; roosters, 14c. Cheese—Twins, 23%©24c; young Americas, 25'4® 28c. Po-tatoes-Arrivals, 93c; on track, 124; In transit, 531; Wisconsin sacked round whites, $1.7001.80; few at $1.85; Minnesota sacked Early Ohlos. $1.40® 1.60; Nebraska sacked Irish Cobblers, $1.70® 1.75. Sweet potatoes—sl® 1.65. Bu United Press NEW YORK. Sept. 2.—Butter, firmer; receipts, 17,452; creamery, extras. 44'/ a c: special market. 454i45V 8 c. Eggs, firmer; receipts. 12,773: near bv white, fancy. 46® Pic: near by State whites. 34@47c: fresh firsts. 29® 30c: Pacific coasts, 35®49vtC; Western whites. 28®38c: npar bv browns. 40045 c. NEW YORK, Bept. 2.—Flour—Dull and unsettled. Pork—Dull; mess, #3l. Lard— Firmer; midwest spot, $13.25<13.35. Sugar —Raw. flamer; spot 96 test, delivered duty paid, 4.7'c; Ireflned, firm; granulated, 5.75 ©Bc. Coffee—Rio No. 7 on spot. 13*4® 13Vtc; Santos No. 4. 16 3 /4®l7c. TallowDull; special to extra, 7 3 /4®Bc. Hay Quiet; No. 1. $1.20; No. 3, 90c@$l- clover, 90c@$1.10. Dressed poultry—Steady; turkeys, 20@45c; chickens. 20®38c; broilers, 224736 c; capons, 30®48c; fowls, 13®30c; ducks, 18@22c; ducks. Long Island. 23® 24c. Live poultry—Quiet; geese, 15c; ducks, 174726 c; turkeys, 25c; roosters, 17q; broilers. 23®29c. Cheese—Quiet; state, whole milk, fancy to best, 25 Vi 47 28 Vic; young Americas, fresh, 26 ©-26 Vic. Potatoes —Long Island. 81.50W3.75; Jersey. $1.25® 2.90; southern. $1.25® 1.50 . Sweet-Jersey, basket. $1.25®2.25; southern barrels. $2.25 ®3.25. By United Press CLEVELAND, Sept. 3.—Butter—Extra In tubs, 47Vi@49Vic; firsts, 41@42c; seconds, 38940 c: packing stock. 28c. Eggs—Extras, lie; extra firsts, 35c; firsts, 30c; ordinary, 260: pullet firsts, 21c. Poultrw—Fowls, 24 ®2se; Leghorn fowls, 16®17c; heavy springers, 244726 c: Leghorn springers, 22® 24c; cocks, 15®17c; ducks, 224423 c. Potatoes—Jersey stave barrels. Cobblers, $3.75; 150-lb. sacks, $3.40; Ohio round whites, 85c half bushel. v , vi a

New York Stocks

Uv Thomson & McKinnon"

—Sept. 2 Railroad!— Prev. Atchison 193% 193 193% 194% At Coast L 194% 191% B & O 120% 120 120*3 120'/. Can Pacific ....185% 184% 185% 184% C <fc O 194 193*2 194 193% C Si N W 91 90 91 90 C R & P 110% 109% 110% 109% Del & Hud 209% 208% 299 209 Del & Lack ....164% 164 164 165 Erie 62Vs 61% 62% 61 Erie Ist Did ... 61% 60% 61% 60% Gt No pfd 100% 99% 100% 99% Lehigh Val 107% 107'% K C Couth 66% 64 65% 64 L & N 146 MK & T 47% 46% 47 46% Mo Pac pfd ...104% 102*! 104% 102 N Y Cen 126% NYNH&H...SI% 50% 51% 49% No Pacific 95 94 95 93% Nor & W 186 185% 186 186 Pere Marq 133 135 Pennsy 65 64% 55 65 Reading 115% 115 115 115 Southern Ry ...132% 132*4 132% 132 Southern Pac ...120% 120 120% 120 St Paul 17*2 17% 17% 17% St Paul pfd 33 St LAc S W ... 83% 82% 83% 87% St L & 6 F ...113% 113 113 113 Union Pac 188% 188% 188% 188% Wabash 67 65% 67 64 % Wabash pfd ... 96 95 96 95 Rubbers— Ajax 9% 8% 9*s 24 Fisk 17% 16 17% 16U Goodrich 73% 73% 74% 75% Kelly-Spg 30 28Vs 29% ... U 8 Rubber ... 50% 49% 50 46% Equipments— Am Car & P ...103% 103 103 103 Am Loco 109 109 Am Stl Pd 56 55% 55% 55 Bald Loco 260% 259% 260% 259% Gen Elec 144% 143 143% 142*2 Lima 45 N Y Air Bk .... 45% 45% 45% 45% Pres Stl Car.... 74 73% 74 73 Pullman 157 Wsth A B 185 184% 185 183% Wsth Elec 84% 83% 84 84% Steels— Bethle 62% 62* 2 62* a 62*2 Colo Fuel 84% 83 V. 84 82% Crucible 89% 89% 89% 89% Gulf St. Stl 49% Inland Stl ... 52% Phil R C & I ... 41 40% 40*2 41 Rep Stl 66% 66 Sl-Shef i „ 128 U 8 Steel 146% 145% 148% 145% Alloy 29 29 Vanadium 54% 54 54 3Vt Motors— Am Bo 22 21% 22 21% Chandler 20% 20 Chrysler 81% 60% 60% 60% Con Mo 10% 10% 10% 10% Dodge 18 18% 17% 18 Gabriel 52% 52% 52 Va 52% Gen Mo 250% 248% 250 249% Hudson 84% 83% 84% 82% Hupp 18 17% 17% 17% Jordan 18% 18% 18'% 18% Mack 100% 98 Vi 99 100 Mar Par 20% Moon 7% Nash 85 % 84% 84% 84 Packard 41% 41% 41V, 41% Peerless 23% 22% 22% ... Pierce Ar 10% 10% 10% 10% Studebkr 51% 51% 51% 61% Stew War 67 65% 68% 65% Timken 128% 126 126% 125% Wlllys-O 17% 17% 17*. 17 White Mo 39% 39% 39% 39% Mining— Am 8m 171% 169% 770% 169 Anaconda 47 46% 46% 46 Cer De Pas 65 64 fS 64% Inspir 19% 18% 19% 18% Int NIC 87% 66% 66% 66% Kennec 71% 70% VI 71% Magma 37 36**, Tex G & Sul ... 67% 66 68% 66% U 8 Sm 42% 41% 41% 42% Oils— At Rf 118% 117% 171% 118% Cal Pete ....... 22% 22% 22% 21% Preen Tex ...... 76% 75', 75% 75 Houston 124% 123 Vi 123% 123% Indpt OH 90% Marland C 36 35% 35% 36 Mid C Pete ... 31 30% 31 31% Pan-Am Pete B 49% 46% 48% 49 Phil Pete 43% 43 % 43% 43 % Union OH 42% Pure Oil 26% 26% 26',a 24% R'v'l Dutch ... 43% Shell ... 26% 26% Sinclair . .. 16% 16% 16% 16% Skelly 26", 26*3 26% 28% SO Os Cel r T% 53% 53% 53% sOof II J 38 Vi 38% 38% 33*. 3OoM Y 31% 30% 31% 31% Texas Cos 49% 49% 49% 4% Trans Pete ..... 8% B*i B*. 8 Industrials— Ady Rumly ..., 11% 10% 11% 11 Allis Chaim 108% Allied Chem 144% 162 163% 161% Armour A 9 9 Amn Cnn 64% 63'/** 64% 03% Am H-L pfd 62% Am Safety R 46% 46% Am Wool 25% 25Vi 25'/. 25 C.ro Cola 117 116V' Cont Can 74% 73 74% 72% Cert Prods 48% /‘B% Dav Chem 35% 35% 35% 35 Dupont 308% 307% 308% 308% Famous PI 108% 102% 102% 103 Gen Asphlt 70% 70 Int C Engr 48% 43% 48% 4 Int Paper 55% 55% 55% 55% Int Harv 198% 194% 197% 193% May D Sta 19% 79 79% 79% Mont Ward 77% 75% 77% 75% Nat Lead . ... 116% 116 116 113% Owen Bot 77% Radio 65% % 23 Real Silk 26 25V,. Rem Band 40% .79% 40% 39% Senrs-Rneb 75% 73% 75% 73', 4 United Drug ....169 168 189 169 Unlv Pipe 27 U S C I P 196 195 195 196 U S In A1 ... 76% Woolworth 174 173 174 no% Utilities— . Am TANARUS& T 169% 169% 169'/! -169% Am Express 159 Amer W W 52 51% 52 52 Brklyn Man 53% 53V4 Col Gas &El 95% 04% 94*,, 94% Cons Gas 112% 111 112% 110% Interboro 34% 33% 34% 32% No Amer Cos 56 54% 55% 154% Peoples Gas 147% 147% S Gas and El 64% f3% 63% 63V, West Union 15*4 14% IS*4 162'% Shipping— Am Int Corp ... 51*4 51 Am Sand C 3% 3% Atlantic G 35 35™ J'* M M Pfd .... 38*4 38 38% 37% United Fruit 13a 136 Foods— Amer Sugar . r .. DlVi 91 91 90 3 /4 A B Sugar 20% 20% 20% ... Austin Nay. Beech N 57% 54% 57% 54% Calif Pkg 64% 63*% 63% 62% Corn Prods .... 55% 55 55'% 63 Cuba C pfd .... 38% 38% 38% 38% Cuba A Sugar .. 24% 24% 24% 21 Flelschmann ... 63 62'/, 62% 61% Jewel Tea 65% Nat Biscuit 140% 139V4 140'/, 138% Punta Ale 39% 39 g9sfi*m . 120% 117% .119% 117% WBk 181 24% 2,% 24% 24% Tobaccos— Am Bum, 5974 59v Amer Tob 144 143% 144 144% Am T IB) 144% 145 Cons Cigars 81% 81% 81% 82 Gen Cigars 67% Liggett 120% 120% 120% 120% Lonllard 40% 40'/, 40'/, 40 _ R J J l *?, ••••■*•• l43 142% 143 142% U Clg Stores.... 35% 35% Schulte R S 55 54% 55 54%

Commission Row

PRICE TO RETAILERS FRUITS Apples-New apples (40 lbs.) Transparents. $250: Wealthy, *2.5003: Gxavenstelns, $3: Jonathans, *3.25: Grimtt. *3—er Rambos. *3- Duchess *202.50; Malden Blush, $2.50: Pearls. *2.5002.75. Bananas—4o6c lb. .1 IOU - w . s ~ ln . dlai ?;? standard crates. *102.50; flat cr*te, 40c@*1.2S; bbl., *203. Grapes—California seedless. *1*001.73; Malagas. *1.7501.85. Honeydew Melons—*2.2so 2.50. Huckleberries—Virginia. *3 <ls lbs.) Lemons—California. $7.30 0 8.50. Limes—California. $3 per hundred. $3 Ornges—California Valencias, crate, Peaches—Eipertas. *3 0 3.75: Hales. (3.25 DU. ' Pears—California 1 .Bartlett*, per box, $3.50. Plums—California. *2 0 2.28 crate: Damsons. *3.50 bu.; larie blue. $3 bu. Prunes—ltalian. *1.35. VEGETABLES Bean—Stringless, 50c@*1.25 bu.: H. G. ®*f'25 2 *® 5 ° C b-: Kentucky w °n<fer*. 50c Beets—H. 0.. 20 0 30c doz. Cabbage—H. 0.. *2 bbl. Carrotts—H. G_ 35r do*.; bulk. 90c@ $1.25 bu. H. 0.. 50c®51.25 per basCelery—Michigan, Highball, *1<11.80: Michigan bunches. 35090 c; flat crates. *1.1501.50. 1 / Corn—Kentucky. 85040 c dozen. Cucumbers—H. G.. 50065 c. Eggplant—H. 0., *102.50 doz. Garlic—California, 15c lb Kale—H. Q.. 6pc bu. Lettuce—California, head, S4O 4.50 crate; H. G. leaf, 15 lbs., 75c. Mangoes—Louisiana, 75c®*1.15 hamper. Okra—Tennessee, *1 basket. Onions—Spanish, 52.40 0 2.75 crate; H. O. green, 40c dozen; H. Q. yellow Bermuda, $1.25 bu.; Ohio yellow. (2.40 cwt.: pickling. *1.50 (12 lbs.)-. Parsley—H. 0., 50c per bushel Peas—H. G., 50 lbs., SB. Potatoes—Kentucky Cobblers, 150 lbs.. *3.5003.85; Kansas Gobbler*. 130 lbs.. *2.75: early Ohio, 120 lbs., *2.50. Radishes—H. Q.. white. Ssc: red. 35c: HG. buttons. 40c doz. Rutabagas—Per bu.. *2. Sweet potatoes—New Jersey. *5 bbl.: Nancy Halls, (1.2501.50 hamper. Spinach—H. G.. 75c bu.; broadleal. $1.50 bu. OTHER LIVESTOCK By United Press TOLEDO. Sect. 2.—Hogs—Receipts. $00; market. 15025 c up: heavies $10010.50: mediums. (11011.25: Yorkers. 11.60: good pigs. *9.75010. Cattle—Receipts. light: market, steady. Calves—Receipts. light: market. 25c down. Sheep and Lamhr—Receipts. light; market, steady. j" / i

SPURT PUSHES HQUS UPWARD 25 TO M CENTS $11.35 New Top—Calves Up 50 Cents—Livestock Steady. —Ho* Price Range— Aug. Bulk. Top. Receipts. 36. 10.40® 11.10 11.00 4,000 29. 9.501r/10.80 10.85 5,000 30. 10.0045:10 85 11 00 7.000 31. 10.00(310 75 10.85 6.000 Sept. 1. 10.00011.00 11.00 5,500 2. 10.75(311 35 11.35 6.500 Hog prices shot upward 25 to 35 cents on the hundredweight at the Union Stockyards today. In extreme cases advances of 40 cents were scored. Similar conditions prevailed at Chicago, the gain being 15 to 25 cents, with the market active. The new top at both markets was $11.35, with an improvement in this city of 35 cents over Thursday’s record. Bulk sales were at $10.75® 11.35 here. Indianapolis receipts were estimated at 6,500 and hold; overs were 604. Hog Price Range Pigs went at $8.50® 9.75, packing sows at sß® 9 and smooth light sows, $9.25. Dividing other material int ofour classes the quotations were: 160-225 pounds, sll® 11.35; 225-250 pounds, $10.75@1110; 250-300 pounds, $10.25® 11, and 300 pounds up. $9.75® 10.40. Cattle prices were steady to lower, with a run amounting to about 700 beeves. Beef steers sold at slo® 13.50: beef cows, $6.25*8 8.25; low cutters and cutter cows, [email protected], and bulk stock and feeder steers, $7.25® 8.25. Comes Up The calf market advanced 50 cents or more. Best vealers brought sl6 down. Receipts approximated 700. The ovine market, which was slow in developing, was steady. Top fat lambs went at $13.50; bulk fat lambs, sl2® 13 50, and fat ewes, $4.50 @6.50. Around 1,100 head arrived at the stockyards. —Hogs— Receipt,. 6,500: market, higher 90-130 lbs 8 8 500 9.75 130-160 lbs 9.754/11.00 160-200 lbs ll.oof 11.35 200-250 lbs : 10.75® 11.00 250 lbs. UP * 9 750 11.00 —CattleReceipts. 800; market, steady. Beef steers 110 000 13.50 Beef cows 6.25@ 8.50 Low cutters and cutter cows.. 4 25® 5.50 Bulk stock and feeder steers. 7.25® 8.25 —Cal re,— Receipts. 700: market, higher. . Vealers .. . 4 $15.004? 16,00 Heat-/ calves 6.504? 10 00 —Sheep and Lamb,— Receipts. 1,100: market, steady. Tod fat lambs *l3 50 Bulk fat lambs 12.004/13.50 Bulk cull lambs 6.00® 8.50 Pat ewes . ... 4.500 6.50 Other Livestock By United Press CHICAGO. Sept. 2.—Cattle—Receipts. 2,000: all killing classes generally steady; vealers steady. Stockers and feeders in strong demand at slightly higher prices: 6 radically no choice steers nere today. ulk selling from *ll downward to *9.50; bulls easy- best cattle weighing 1.090 lbs. at 112.80: short fed Kansas cattle averaging 1.131 lbs.. $10; part loads of yearlings, *9.50® 12. Sheep—Receipts. 13,000; earlv activity shortlived; fat lambs mostly steady with Thursday'* prices: few early sales strong: bulk of natives, moderate to light sorts. *13.23(22*13.50; few leads down ot *l3 and below, heavy bulk lambs, *11.50® 12; culls *9.50 mostly, few up to *lO, several packages down to *9; good range lambs. $13.50; choice offerings eligible at *13.75® 13.86; sheep weak to 25c lower, few early sales of fat ewes, $5.50®6.25: feeding lambs slow, about steady: bulk eligible at *13.254( 13.75. Hogs (soft or oily hogs and roasting pigs excluded)—Receipts. 12.00 C; market unevenly 10®40c higher: heawweleht 250-300 lbs., medium to choice. *9.50® 10.9li: mediumweight, 200-250 lbs., medium to choice. *10.35® 11.40: lightweight 160-200 lbs.. common to choice. $104111.40: light lights, 130-160 lbs., common to choice. 69011.25; packing sows, smooth and rough. 584/9.25: slaughter nlvs. 90-130 lbs., medium to choice. *8.50010.50. Slaughter cattle and calves—Steers. 1,500 lbs. up, good and choice, $11,754( 14.75: steers. 1,100-1.500 lbs., choice. sl3 904/ 14.75; good. $11.25® 13.90: steers. 1,100 lbs. down, chole.e. $13.50® 14.75: good. *10.754/13 90: medium, *8.75® 11.65; common. *[email protected]; Ugh* yearling steers and heifers, good and c'lolce, 850 lbs. down. *10.50® 14: heifers, good and choice. 850 lbs. up. *8.75012.50: common and medium, all weights. $6.75010; cows, good and choice. $6,754/10.25; common and medium, *5.5008.75: low cutter and cutter cows. *4.65 0 5.50: calves, medium to choice, *74/10; vealers. cull to choice. *7® 15.25; feeder and stock cattle, steers, common to choice. *8.50010. Slaughter sheep and lambs—Light and handvweight 92-lb down, medium to commort. *11.75® 14; cull and common, all weights. *9® 11: ewes, medium to choice, *3.50® 6.50; cull and common, $).50@4; feeding lambs? range stock, medium to choice. $11.75014. Bji United Press ( EAST BUFFALO. Sept 2.—Hogs—Receipts. 42.000- holdovers. 589: market. 10® 15c down: 250-350 lbs.. 5104/11.65: 200-250 lbs.. *11.504/11.75: 160-200 lbs.. *11.504/ 11.75: 130-160 lbs.. *10.25011.50: 90-130 lbs. *9.75010.25; necking sows. *808.75. Cattle —Receipts 200; calves, receipts. 1.000; market, slow to weak: calves. 50c down; vealers. sl6® 16.50 Sheep—Receints, 2.500: market, weak to 25c down: ton. fat. lambs. *14.25: bulk. fat. lambs. *l4: bulk. cull, lambs. *9®lo: bulk. fat. ewes. $5(6,6.50. Bu United Press PITTSBURGH. Bept. 2.--Hogs—Receipts. 1.350: market, steady to /Oc up: 250-350 lhs.. $lO4/11.25: 2004/250 lbs.. *11.254/11.85: 160-200 lbs.. $11.65012: 130-180 lbs., $10.25 4/11.65: 900120 lbs.. *9.50010,25: packing sows. $808.25. Cattle—Receints: 20: calves, receints. 100: market, slow, steady to lower: beef steers, *10.25012: vealers, *13.754/16.50. Sheen—Receints. 200: market. steadv to higher: top. fat. lambs. *14.50: bulk. cull, lambs. *BOIO. Bn Times Special LOUISVILLE. Sept. 2.—Hogs—Receipts. SJO; market, pigs steady, others 15c higher: tops. *ll. Cattle—Receipts. 400; market, slow. steady. Calves—Receipts. 300: market, steady; good to choice, *ll.so®’ 13.50; medium to good, $9011; outs, $9 down. Sheep—Receipts. 400; market, steady: mixed lambs, *l2; ewes and wethers, $12.50: seconds. $7.50; sheep. $3 50 ®5.50. By United Press | , . * * EAST BT. LOUIB. Sept. 2.—Hogs—Receipts. 11.000: holdovers. 2.548; market, mostly 25c higher: 250-350 lbs.. *10011.25; 200-260 ibs., *ll4/11.55: 160-200 lbs.. *IO.OO @11.55: 130-160 lbs.. $9.504711.25; . 00-130 lbs. (8.75010: packing sows. (6.2509,55. Cattle—Receipts. 1.000: calves, receints. 800: market, steady; beef steers. *9.504/ 11.501 light yearlings and heifers. *8.504/ 10.50; bsef cows. *[email protected]: low cutter and cutter cows. *4.25® 5.25: vealers, *15.00: heavy ealvers. *6.504/8.50: bulk stock and feeder steers. [email protected]. Sheep—Receipts, 1.500: market steady: ton fat lambs. *13.25: bulk fat lambs. *l3® 13.25: bulk cuU lambs. 18.50: bulk fat ewes. *4.50® By United Press CLEVELAND. Bept. 2 —Hogs—Receipts. 1.000: market. 10c up: 250-350 lbs.. s9® 10.85: 200-250 lbs.. *10.754/11.60: 160-200 lbs.. *11.86011.60: 130-160 lbs.. 810.25® 11.60: 90-130 )bs.. *IOOIO-25: packing sows, *7.50@9. Cattle—Receipts. 100: calves, receipts. 400: market, steady; beef steers, *8.50010.60: beef cows. *6.7507.50: low cutter and cutter cows, *4.5005.50; vealers, 15®‘16.50. Sheep—Receipts. 600: market, steady: top fat lambs. *l4: bulk Tat. lambs. 513.500 14: bulk cull lambs, in© 12: bulk fat ewes. *4.5007. By United Press CINCINNATI. Sept. 2.—Hogs—Receipts. 6,000: holdovers. 247: market. 10c up: 250-350 lbs.. *0.50011: 200-250 lbs., *11.75 @11.25: 160-200 lbs.. *10.60® 11.25: 130-160 lbs.. *IOO 10.85 : 90-130 lbs.. *7010.25; packing sows. *7.75 0 8.75. Cattle—Receipts. 900; calves, receipts. 800; market, cattle weak to 25c down: beef steers sll4/12: light yearlings and heifers. *7.504/11.25; beef cows. *[email protected]: low cutter and cutter cows. *4.50475.25; (11015; heavy calves. (10012: bulk stock ana feeder steers. *BO 9. Sheen—Receints. 52.000: market, lambs .steady to 60c down; sheep, 25c down: top fat lambs. *14.25: bulk fat lambs. 111014.25: bulk cull lambs, *BO 9: bulk fat ewes. 8406. / I

THE INDIANAPOLIS TIMES

THESE UNITED STATES

BY LEO R. SLACK

Great Britain dominates India politically but It does not monopolize the great Indian market. The United States, for example, sold $64,544,000 worth of merchandise during the 1926-1927 fiscal year To India, an increase of 40 per cent over the previous year. India consumed 8 per cent of the American exports to the Far East. Cotton, refined mineral oil, automobiles, canned provisions, automobile tires and casings and steel products constituted the bulk of American sales.

Local Wagon Wheat

Local train elevators are paying $1.26 for No. 2 red wheat. Other grades are purchased on their merits.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, Sept. 2.—The stronger market for both raws and refined was affected in the market for futures. Por a time the hesitating response to the advance In refined caused some' disappointment, but speculative interest was Inclined to overlook these momentary causes because of the belief that the supply and demand position Is a strong one and also on the assumption that an announcement will soon be made of the restriction of the new crop. I believe the late months will show good profits.

Indianapolis Stocks

—Seot. 2 —Stocks— Bid. Ask. Amer Central Life 550 .. Amer Creosotlng Cos pfd 101 105 UWW*:::::::::.:::::: 8* ’ Cent Ind Power Cos pfd 92 93 Cities Service Cos com 49 Cities Service Cos pfd 89% ... Citizens Gas Cos com 56% 57 ‘^ Citizens Gas Cos pfd .....105 commonwealth Loan Cos pfd...100 ... Equitable Securities Cos com.. 51 Hook Drug Cos com 30 Indiana Hotel com 125 Indiana Hotel pfd 101 Indiana Service Corp pfd.... #4 Indianapolis Gas com . ..... 60 Indpls Sc Northwestern pfd ... 5$ 54 Indpls P * L 6%s pfd 100 101 Indo's P & L 7s pfd 99 102 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 8 pr lien pfd ..101 Interstate P S 8s pfd ...... 84 Merchants Pub Ut'.l pfd 100 North Ind Pub Service pfd.... 95 • S8 Progress Laundry com 21 Rauh Fertilizer pfd 50 Real Silk Hosiery pfd T H I & B c<. m $ T H 1 * t old 22 T H Tme &Lt Cos ofd 02% 97 Union Tree of Ind com Union Trac of Ind Ist ofd Union Trac of Ind 2d p*”* 2 Union Title Cos com 85 Van Camp Pack Cos pfd 5 Ves Camp Prod Ist pfd 06 101 Van Camp Prod 2nd pfd 100 —Bank Stock,— Aetna Trust and Sav Cos 118 Bankers Trust Cos 132 ... City Trust Cos 150 conttneutl National 118'/, ... Farmers Trust Cos -40 Fidelity Trust Cos 162 Fletcher American 172 Fletcher Bav and Trust C0...275 Indiana National Bank 263 268 indlsr.a Trust Cos. 230 ... Livestock Ex Bank 162 173 Marlon County Bank 216 Merchants Nat Bank 325 °eoo!es Btate Bank 315 Security Trust Cos 275 State Svlnga end Trust • 100 Union Trust Comoanv 460 Wash Bank and Trurt C0....150 • —Bond,— Belt R R and Stockyards 45... 00 Broad Ripple 5s 80% ... Cen'ral Indiana Gas 6s 98 Cei l Ind Power Cos 6s 103 cm s Bend Sc N Ind 5s ...... 15 Citlsens Gas Cos 5s 104% ... Cl J .ens 8t R R 5s 87 89% C-ary St Rv 5s 89 91 Home T and T of Ft. W 85...103% Indiana Hotel 5s 100 ... rndle ia Northern 5s 2 Ind Ry end Lt 5s 95 Ind Service Corn 5s 93V, ... fnd Union Trac 5s . 3 Indpls Col & South 6s 9# 101 Indpls Gas Cos 5s 101 Indnls A Martinsville 6s 81 Indpls Northern 5s ... 31 24 Tudo's A Northwest-rn 5s 81 Indpls Power and Lt Cos 35.... 97% 98% Indpls St Rv 4s 68 70 Indpls Trac and Term 5s ... 95% 96% Tndnls Union Rv 5s 101 Indpls Water 5%s 104 105% Indpls Water Ist 5s 99% ... Indpls Water 4',s 07 Indpls Water Wk Sec Cos 65.. 98% ... Interstate Pub S 6s 104 Interstate P>’b 8 Bs 6'is 10*% ... N Ind Puh Serv Cos 5s 97 T H Trac and Light 5s 98 .. Union Trac of Ind 6s 16 16 —Liberty Bond,— Ist 3%S 101.32 101.50 Ist 4%s 103.29 103 38 2nd 4%s 100.20 100.30 3d 4'As 101.00 101.14 4th 4%s 104.06 104.18 U S Tr 4%s 113.46 113.80 U 8 Tr 4s 109.02 109.06 U 8 Tr 3%S 105.80 106.04 U 8 Tr 3%s 100.00 U S Tr 3%s 100.90 100.10 —Sale,— 10 shares Cent Ind Power pfd 92% AMUSEMENTS

Norway’s Chaniploo Ice Skaters NICHOLSON & RUCKERT IN TIIEIR MARVELOUS “GLACIAL SENSATIONS” Longtin- Bristol & bell Kpnnu AL ABBOTT rßn " y LEE & CRANSTON *nd EMORY MANLEY Company and company Gladys Delmare and Boys A TREAT IN SYNCOPATION Dally Pipe Organ Recital by V Lester Huff, Starts 14:40 Noon Doors Open 14:38

ENGLISH’S I OF SUMMER SEASON BERKELL PLAYERS IN “The Ghost Train” With ALHEY AIM Sid MILTON BYRON EVES., B:I3—MATS., WED.. THURS., SAT- AT :I6 NEXT I . HOME WEEK I FIRES

LAST MATS* I r A ■ale d ll Ksi UAST wed. IH 8 I J 5 si l'kl WEEKS SAT. THE STUART WALKER COMPANY MERRY! I IN LOVE =1 WITH LOVE COM. MOV.- SEAT SALK NOW | SIOART “BEGGAR ON I WAlKtn HORSEBACK” 'FAREWELL WEEK OF SEASON

mutual

Burlesque Theater “ZALENDA” DANCING DREAM GIRL WITH JORDON Sk WILLIAMS _ “TEMPTERS” RED HOT AND SNAPPY

LIGHT TRADE IN GRAINS; PRICES BECOME ERRATIC Wheat and Oats Close Higher; Corn Unchanged to Lower. By United Press CHICAGO. Sept. 2.—Condit.ons prior to a Monday holiday and vhe monthly Government crop report due next week prevailed in grain pits on the Chicago Board of Trade today and business was light while prices were erratic. Wheat closed % to % cent higher than Thursday’s final figures: com unchanged to M cent lower, and oats W to M cent higher. At the opening wheat was lowe on weak Liverpool cables, but reports of frost in Alberta were a bullish influence and prices climbed steadily throughout the remainder of the session. Receipts were 14 cents. Cash wheat was 1 cent higher. Com held a nervous course all session, opening lower, rising with wheat, declining before noon, and then slowing showing slightly stronger in the last two hours. Receipts were 188 cars. Cash com was unchanged. Oats held firm all day due t$ bullish reports on the harvest anti estimates of the crop in C ' 'ada. Receipts were 75 cars. Cast/ oats was unchanged. Provisions closed higher. Chicago Grain Table —Sept. 2 WHEAT— Prev. Open. High. Low. Close, close. Sept.. 1.33% 133% 1.33% 1.34% 1.33% Dec... 1.37 s ', 1.39% 1.37 s , 1.39% 1.38% Msrch 1.40% 1.477*. 1.40*% 1.42% 1.41% CORN—--Bept.. 1.03% 106% 1.05% 1.06S 1.06% Dec... 1.09 1.10% 1.09 1.09% 1.10% March 1.12% 1.13 1.12% 1 12% 1.12% OATS— Sept.. .44 .44% .44 .44% .44% Dec... .48% .49 .49% .48% .48% March .51% 52% .51% 52% .52% LARD— Sept. 13.00 13.07 12.91 13.07 12 00 Oct.. 13.12 13 22 13.07 13 20 13 00 Jan.. 13 75 13.32 13 65 13.00 13 62 RIBB—RYE— MOTION PICT MES

f 1 sicnsis \

COMING SUNDAY

For 6 Days POLA “BARBED NEGRI WIRE” On Our Stage BORAH MINNEVITCH Commencing 1A SATURDAY, SEPT. 1U PUBLIX NEW IDEA & Charlie Davis

• . ?■. ’ 393

Celebrating Our lltb Year of DeLuxt Entertainment The Stolen Bride’ u/ith BILLIE DOVE and LLOYD HUGHES j Waring’s PENNSYLVANIANS i "The Orchestra Incomparable” The Season', Syncopation Success Topics—News Curiosities Fables < COMING SUNDAY Second Triumphant Week Waring’s Pennsylvanians ‘ In a New Cycle of Syncopation On die Screen DEN LYON in “FOR THE LOVE OF MIKE” with George Sidney, Claudette Colbert and Ford Sterling , I

QiPiQMSf NORMA SHEARER “AFTER MIDNIGHT*’ SENXETT COMEDY. FOX NEWS, CHAHLIE LINES: EARL GORDON. EMIL SEIDEL’S APOLLO MERRYMAKERS

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CONWAY TEARLE MARGARET MORRIS REX LEASE FRANKIE DARRO “ MOULDERS OF MEN ” WHIRLWIND COMEDY

Sept. 11.65 11.75 11.65 11.75 11.65 Sept YE ~.9s .95 % .94% .94% .95% Dec. .. .97% .98% .97% -97% .98% March 1.02 1.02 V, 1.01% 1.01% 1.02 By Times Special CHICAGO, Sept. 2.—Primary receipts— Wheat. 2.246,000 against 2,103 000; corn. 834,000 against 350.000: oats. 1.018,000 against 1.095.000. Shipments—Wheat. 1.170.000 against 958.000; corn. 331,000 against 336.000; oats. 191,000 against 293,000. By Tires Special CHICAGO. Sept. 2.—Carlots: Wheat, 122: corn, 216; oats. 60; rye, 3.

ln the Cotton Market

(By Thomson & McKinnon) NEW YORK. Sept. 2.—Manchester spinners are buying in a way that Indicates their fear of a small American supply this vear. With a situation which Is almost sure to grow stronger as the season advances it Is up to the Individual to select a good buying point. Make use of reactions. NOTEDARCmTECT TO SPEAK AT LUNCHEON Designer of Wacker Dr., Chicago, Guest of Chamber of Commerce. Resuming the winter season of weekly luncheons at the Indianapolis Chamber of Commerce, Edward Herbert Bennett, Chicago architect, addressed the open xorum meeting at noon today on “City Planning.” Bennett has again come into national prominence upon the recent completion of designing the famous Wacker Dr., in Chicago. His firm also designed the architectural development of Grant Park in Chicago, upon which now* stands the new Field Museum and the stadium at Soldiers' field. Bennett at present is engaged in carrying out the new Chicago plan, and last October was appointed spe-

Get Your Road Map FOR THAT TRIP OVER LABOR DAY This atlas,, covers the entire United States and lower Canada with a special full page map of Indiana under one uniform style of marking. Paved and improved roads are so marked. The maps are so arranged that only one map need be used for the average trip, while only two maps need be used on a tour from coast to coast. The book contains also small city maps showing routes in and out, legs of the principal transcontinental highways and a mileage table. Named highways are marked on the maps and distances are indicated. It contains two double-page maps covering the entire United States. Seven double-page maps and one single-page map show detail state groups with all automobile roads. The New 1927 Indianapolis Times PAVED ROAD ATLAS Showing All Automobile Roads in the United States and Lower Canada ; Your Copy Is Waiting for You 35c or by Mail 5c Additional On Sale at The Times Business Office 214-220 W. MARYLAND'ST. AND AT THESE STORES ANDREW TRIEB TIRE CO. INDIANA!?'TIRE AND • MERIT TIRE AND RUBBER CO. 909 N. Capitol Ave. BATTERY SHOP 308 N. Capitol Ave. 714 N. Meridian St. CARR TIRE CO. PRENTICE TIRE AND 502 N. Delaware at. INDIANA TIRE AND RUBBER CO RUBBER CO. 325 N. Delaware St. GORDON MASON TIRE CO. 917 N. Capitol Ave. 621 Illinois St. KENWOODTIRF.CO. GUARANTEE TIRE AND 927 CapUol ’ ■ RUBBER CO. MERIDIAN SERVICE CO. BWISSHELM <fc PARKER Ull S. Illinois St. 563 E. Washington St. 544 E. Washington St. 62 W. New York St. D. M. HOPPE TIRE CO. 448 N. Illinois St. UNION TIRE CO.. Inc. 937 N. Capitol Ave. 2421 N. Meridian St. 154 S. Illinois St. If You Want This Map by Mail ,

cial architectural consultant by the Government in connection with the design, building and arrangement of public buildings. He is the guest of the Architects’ Association of Indianapolis while here. WANT STREET PAVED Completion Urged to Permit Town Bus Service. Completion of paving of Belmont Ave., between Morris and Raymond Sts., to permit a crosstown bus line for west side high schol students, was sought today by west side civic leaders. Civic leaders decided to work for the street improvement at a meeting Thursday night at the Hawthorne Social Service House, 2440 W. Ohio St. Establishment of anew bus line on Belmont Ave., to accommodate Washington High School students, is desired. A committee to work for the bus line includes C. G. Baker, superintendent of the community house; Roscoe Conklin, Haughville Civic League: Heydon Buchanan, Enterprice Civic League, and Mrs. W. J. Brown, United Parent Teacher Associations. To work for the paving this committee was named: O. E. Williamson, Enterprise Civic League; L. B. Calvelage, Haughville; W. J. Clark, Citizens Bank and Walter L. King, Fairfax. Jack Dunn, Baltimore manager, is one of the nation’s greatest breeders of setters.

PAGE 25

GERMANY MAKES ITS DAWES PLAN PAYMENT Third-Year Installments Received in Full and on Time. By United Press BERLIN, Sept. 2.—With payment, by the German railways of 55,000,000 gold marks (approximately sll,000,000) on account of the Dawes plan, Agent General S. Parker Gilbert announced today that Germany had made fully and punctually all payments falling due during the third year of the plan's operation. A payment amounting to 20,000,000 gold marks (approximately $4,000,000) will become due Sept. 15. With this sum paid, Germany will have transferred to the Dawese organization on account of reparations the sum of 1,5000,000,000 gold marks (approximately $300,000,000) during the third annuity year.

Second Mortgage Loans * We Advance Money for Improvements to City Property COLUMBIA Securities Cos. hi ncoln 6334 153 N. Delaware