Indianapolis Times, Volume 39, Number 104, Indianapolis, Marion County, 8 September 1927 — Page 12

PAGE 12

STEEL, STRONG, FEATURES WALL STREETTRADE Market Irregular, Active; Three-Million Mark Approached.

Average Stock Prices

Average of twenty industrials Wednesday was 197.75, up .84. Average of twenty rails was 140.46, up .18. Average of forty bonds was 97.90. off .04. By United Brett NEW YORK, Sept. B.—Strength in United States Steel common stock was the outstanding feature of an irregular stock market today. Trading was on a very active scale running close to the three-million mark. Various issues were under pressure at Intervals during the day, while several sharp gains were scored. United States Steel got to 152 for a gain of more than two points, while General Motors ruled around Its previous close and General Electriii lost more than a point. New highs were scored by American Smelting, Bethlehem Steel and Studebaker. Houston Oil continued its spectacular uprush rising above 150. Predictions are being mad* that this issue will exceed its previous high at 174%. Small Losses Western Maryland was a feature of the railroad group. Case Threshing Machine lost ground on profit-taking and small losses were noted in American Can and Hudson Motors. Texas Land Trust gained sharply. Describing the market, the Wall §treet Journal’s financial review said: No slackening of the upward pace on the stock exchange occurred today. Urgent buying demand continued in evidence, carrying many sections of the list to new high ground. Brokers reported broadening public participation in the market. Orders poured in from various parts of the country under the stimulating influence of quickening trade with the approach of autumn. With railroad traffic at the highest level of the year, and the steel industry showing marked acceleration/ confidence regarding the fundamental soundness of the business structure was strengthened. Sweeping Advances This situation found strong reflection in further sweeping advances in representative issues like United States Steel, American Smelting, Postum Cereal, Union Carbide, American Radiator, Consolidated Gas and Pennsylvania. Another factor in the buoyancy displayed by the stocks of this character was the widespread ease of money indicated by the lowering of the bank rate at Philadelphia and Chicago. It is only a question of time until Minneapolis and San Francisco take similar action, as credit conditions at these centers are comfortable. Hence, the entire Federal reserve system may be considered to be on a 3% per cent rediscount basis, Indicating the abundance of money available for fall business expansion. Prices sold off somewhat from the day’s highs on proflt_taking in the later afternoon. However, the main body of stocks continued to act well, and a further spectacular uprush took place in Houston Oil, Gulf States Steel and Penick apd Ford broke badly, but the weakness in these issues was due to suspension of their respective dividends.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings today were $4,090,000 debits, $6,093,000. NEW YORK STATEMENT By United Press NEW YORK. Sept, B.—New York clearings, $1,046,000,000: clearing house balance. $137,000,000; New York Federal Reserve Bank credit balance, $120,000,000. FOREIGN EXCHANGE By United Press NEW YORK, Sept. B.—Foreign exchange closed steady. Sterling demand. $4.85%, up .00% c. Francs, 3.91 %c. Belga, 13.91 Vic, up .00 Vic. Marks, 23.77 %c. up ,01c. Montreal. $1.00015625.

Commission Row

PRICE TO RETAILERS FRUITS Apple*—New apples (40 lbs.) Wealthy. $2.2503; Pearls. $2.5002.75; Gravenstelns, *3; Jonathans, $3.25; Grimes. $3; summer Rambos, $3- Duchess, $2®2.50: Malden Blush, $2.5003. Bananas—s@7c lb. Cantaloupes—lndiana, standard crates. flat crate, [email protected]: bbl., $3.50® Grapes—California seedless, $1.3501.50: Malagas, $1.5001.75. Honsydew Melons—s2.soo3. Huckleberries—Michigan, 16 qts.. $5: basket. $3. Lemons—California. SBO9. Limes—California, $3 per hundred. Oranges—California Valencias, crate, $3.750 8.50. Peaches— Elbertas. $2,75 03: Hales. $3.25 bu. Pears—California Bartlett*, per box, $303.50. Plums —California, $202.25 crate: Damsons. $3.50 bu.; large blue, $3 bu. Prunes—ltalian. $1.1501.35. VEGETABLES Bean—Stringless, [email protected] bu.: H. G. lima, 35c lb.: Kentucky Wonders. 50075 c. Beets—H. 0., $1.50 bu. Cabbage—H. G.. 3'A®3c lb. Carrotts—H G„ 35c doz.: bulk. 90c@ $1.25 bu. Cauliflower—Colorado. $3 0 3.28 crate. Celery—Michigan, Highball. 90c®51.25; Michigan bunches, 35®50c; flat crates, $1.1601 50. ' Corn —H. G., 18020 c. Cucumbers—H. G., 50065 c. Eggplant—U. G., $2 02.25 doz. Garllo—California. 15c lb: Kale—H. G.. 85c bu. Lettuce—California, head. $404.50 crate; H. G. leaf, 15 lLx.. 75c. Mangoes—Louisiana. 75c@$l hamper. Okra—Tennessee, 75c®$l basket. . Onions—Spanish. $2.2502.50 crate; H. G. green. 40c dozen: H. O. yellow Bermuda, $1.25 bu.; Ohio yellow. $2.35 cwt.: pickling, $1.50 (12 lbs.). Parsley—H. G„ 35c per bushel. Peas—Colorado, 50 lbs.. $6. Potatoes—Kentucky Cobblers, 150 lbs., $3.50 0 3.65; Kansas Cobblers, 130 lbs., $2.50; Early Ohio*. 120 lbs.. $2.2502.40 Radlshe-rM. 0.. white. 35c; red, Ssc: H. G. buttons, 40c doz. Rutabagas—Per bu., $2. . Sweet Potatoes—Virginia. $3.50©4: Nancy Halls. $1.1501.25 hamper. „ , ~ Spinach—H. G., 75c bu.; broadleaf. $1.50 bu. Tomatoes—H. O. (hothouse). 30065 c. 15lb. basket. $101.75. Turnips—H. 0.. $2.50.

local Wagon Wheat

Local grain elevator* are paying 1.26 for No. 3 red wbeat. Other grades are purchased on their merits. ' •' i. .■ H;V*. .jl.

New York Stocks Bv Thornton A McKinnon ——— J

—Sept. 8— Railroad*— Prev. High. Low. CIOM. close. Atchison 186 195% 196 195% At Coast L 198 V* B. & 0 123% 122% 122% 122% Can Pacific 187% 187% 187% 187% C. & 0 198% 195% 198% 187 C. & N. W 91% ... 91 92 CI.R. &.P 113 111% 111% 112% Del Sc Aid 'OO ... 209 210 Del Sc Lack .....35 ... 135 136 Erie .sa,, 51% ej% 52% Erie Ist pfd .... 61% 61 81 61 at No pft ......103% 102% 102% 103% Lehigh Valley ....110 ... ... 11l K. C. South 67% 66 67% 66 L. & N 150 ... 148% 149% M. K. & T 48% ... 48% 48% Mo Pac pfd ....104% 103% 104 104% N. Y. Cen 162 160% 161% 160% N. Y.. N. H. St H 62 51% 51% 51% No Pacific 96% 96 96% 96% Nor Sc W........ 187% 186% 187% 188% Pere Marq , ... 135 Pennsy 67 f6% 67 66% Reading 118% . . 117% 117% Southern Ry ...136* 114% 135% 138 Southern Pac ..122 ... 122 123% St. Paul 18% 17% 18 18% St. Paul pfd .... 33% 33 33 33% St L& S W.... 86% 82 85% 83% St L & S F.... .115% 114% 115% 114% Union Pacific ..190% ... , 189% 189% Wabash pfd’’."’. 98% 98% 08% 98% tBeZZ:::::: M iS2 ill >?% Goodyear pfd’;: M 5j 2% f 25% 22 111 ££ 8U C W/.'.'.7.’ 55 "24 M% Bald LOCO ......264% 263% 264% 264 General Elec ...143% 141 % 142% 144% Lima 67 65 67 65 N Y Airbrake .. 47% 46% 47% 46 Pres Stl Car.,.. 76% 74% 75 74% with A 8•......187% 186% 187% 187% Wsth Elec .... 89% 87% 88% 89 BeHile 66% 85 66% 85% Colo Fuel 91V. 87% 91 89% Crucible 95% 93% 95 95% Gulf St Stl 46 447/s 45 49 Inland Stl 53% ... 53 53 Phil RC & 1... 41% 40% 41 41 Rep Stl 68Vs ... 68% 68% Sl-Shef .128 ... 128 128 If a Steel ..., L .151% 148% 151% 149% Alloy 28y ... 28% 28’/, Vanadium 65 54 55 54 Motors— Am Bo 22 21% 22 22 Chandler ~ 31% 20% 21% 21% Chrysler 81% 60% 60% 61 Con Mo 10% 10% 10% 10% Dodge 18% 17% 18 18% Gabriel 53% 51% 52% 51% Gen Mo 252% 249% 261% 252 Hudson 86 84 84% 84% ,n 20% 19% 20 19% Mack 99% 100 100 Mar Par 21% Moon 7% Nash 93% 91% 93 93 Packard 41V, 40% 41 41% Peerless , 22% Pierce Ar 11% 11% 11% 11% Studebkr 57% 56% 57 55% Stew War 70% 69Vs 70 70 Timken 129 126% 126 128% Willys-O 17% ... 17 17% White Mo 39% 39% 39% 39% Mining— Am Sm 178% 173% 178% 174% Anaconda 46% 46 46% 48 Cer De Pas ... 65% ... 65 / 65% Inspir 18% ... 18% 18% Int Nic 66% 65% 66% 65% Kennec 71% 71% 71% 71% Magma 37 ... 37 Tex G & Sul ... 69 68% 68% 69 US Sm 41% ... 41% 4U/s Oils— At Ref 122 119% 122 119% Cal Pete 23% 227% 23% 32% Frecp Tex 77% 77 77% 777/, Houston 148% 145% 147 146*4 Indpt Oil 20% 20% 20% 20% Marland C 36% 354s 36 36 Mid C Pete 30’, 30% 3014 30% Pan-Am P (8)... 48% 48 48 48% Phil Pete 44 Vs 43% 44 , 43% Union Oil 42% Pure Oil 2614 26% 26% 26% Royal Dutch .... 46% ... 46% 46 Shell 26% ... 28% 26% Sinclair 17% 16% 17 16% Skelly 26% 26Vs 26% 27 S. O. of Ca 1.... 53% 53% 53% 53% S. O. of N. J.... 39 38% 3814 38’/s 8. O. of N. Y.... 10% 30% 3014 21% Texas Cos *9% ... 49% 49% Trans Pete 8 7% 8 7% Industrials— Adv Rumly .... 11% ... 11% 12 Allis Chaim 113 ... 112 113% Allied Chem ....166% 164% 166% 166% Armour A 9% 9 9% 9 Amn Can 66% 64% 65% 65% Am H-L 10% Am H-L pfd ... 64 63 64 63*% Am Safety R ... 47% ... 47% 46% A mWool 26% 26 26 26 *'4 Coco Cola 124 123% 123% 123% Cont Can 73% ... 73% 73% Cert Prods .... 50 Dac Chem 36% ... 36 38 Dupont 314% 310% 313% 36 Famous Pi 104% 1103% 104 104% Gen Asphlt .... 7514 ... 75% 75% Int C Engr 50 49% 49% 49*% Int Paper 55’/, ... 55% 55% Int Harv 222 ... 317% 232 May D Sta 61% ... 81% 81 Mont Ward ..... 78% 77% 78 78% Nat Lead ......124% 123 124 / 123 Owen Bot 78% 77% 77% 79% Radio 64*4 ... 63 63% Real Silk 28% 25% 35V 28% Rtrn Type 40% 4040% 40*4 Sears-Roeb 7614 75% 78% 76% United Drug ....173 171% 173 172% DBCIP 200 197 198 200 Unlv Pipe 27 26% 26% 27 U S In A1 80% 79 80% 79% Woolworth 191% 188% 190 191% Utilities— Am T & T 172 171 Va 171% 170% Am Express 158 Am W W 54% 53% 54% 54 Brklyn Man 56% Col Gas & E 1...., 96% ... 96% 96% Cons Gas 119% 118% 119% 118% Intetboro 34% No Amer Cos .... 56% 55% 56 56% Peoples Q 151% S Oas and El 65 64% 64% 64% West Union ....161% ... 461 162% Shipping— Am In Corp ... 54% 52% 54% 52% Am 8 & C 3% Atlantic G 36 35% 36 36*5 In M M pfd ... 38% United Fr 140% 138% 140 139 Foods— Am Sugar .... 93% .... 93 93% A B Sugar 22>/ Austin N 5*4 Beech N 57% Calif Pkg 67% 68% 67 68% Corn Prods ... 57% ... 56% 57% Cuba C upfd ... 38% ... 38% 38% Cuba A Bug ... 24% ... 24 24 Fleischmann .... 63% 63% 63% 63% Jewel Tea 64% Nat Biscuit ....143 141% 143 142 Punta Ale 39% Postum 124% 120% 124 120% W Bk B 27% 25% 27 26% Tobaccos—* Am Suma 61% .... 81% 61% Am Tob 146 .... 145*4 146% Am, T IB) 146% 195% 195% 145% Cons Cigars ...82% 82 8244 Gen. Cigars ... 69% 68 69% Liggett 123% .... 122 Vs 123% Lorillard 40 39 % 4040 R J Rey 146% .... 145% 146 Tob P (B) ....100 99% 100 100% U Clg Stor 36% 36% 36% Schulte R S ... 55 .... 54% 55

CARIBOU TIE UP RAILWAY Herd of Thousands Tears Down Telegraph Wires In Stampede. By United Press ANCHORAGE, Alaska, Sept. B. Thousands of caribou were packed in a canyon through which the Alaska railroad runs today. Telegraph wires were torn down and traffic completely tied up. The first part of the immense herd swept out telegraph wires and demolished the supporting tripods. Linemen sent to repair the damage were forced ot flee for their lives as the successive waves of frantic animals stampeded through the passage. HOME SITE ACCEPTED Fayette County Takes Orphanage Gift of Frazees. By Timet Special CONNERSVILLE, Ind., Sept. B. Commissioners of Fayette County have accepted from Mr. and Mrs. L. A. Frazee, as a gift, the site of the county children’s home. The donors, among other conditions, required that the home shall be known as the Frazee Home for Children and that the county shall spend no less than S2OO annually In beautifying the lawn at the home and providing playground equipment. Leeds Given Flying License By United Brest WASHINGTON, Sept. B.—William B. Leeds, son of the “Tin Plate King," has beeen granted a flying pilot’s license. He said he wanted to fly only for his own pleasure.

HOGS MOSTLY STEADY;SOME TURNJTRONG Like Trend in Sheep, Lambs —Calves Advance and Cattle Decline. —Hog Price Range—Bept. Bulk. Top. Receipts. 1. [email protected] 11.00 6,500 2. 10.75011.35 11.35 6.500 |. „ [email protected] 11.40 3.500 5. Holiday. 6. 10.75(211.40 11.40 7.500 7. [email protected] 11.50 5.500 8. 11.00® 11.50 11.50 5,000

Hog prices were steady to strong at the Indianapolis Union Stockyards today. Offerings included the fresh rqn, estimated at 5,000, and 219 holdovers. The slight strength did not greatly change prices, the top remaining at $11.50 and the bulk continuing at sll @11.50. These conditions were more favorable than those traders found at Chicago, where the best paid was $11.35 on a market about steady. Hog Frice Range No change was madfe in pigs and packing sows, which sold at $8.50@ 9, respectively. Quotations on heavier material were: 130-160 pounds, [email protected]; 160-200 pounds, [email protected]; 200-250 pounds, sll@ 11.50 : 200-250 poun* s, [email protected], and 300 pounds up, sll.lO down. The cattle market was mainly 15 to 25 cents lower, although some steers were slightly stronger. Beef steers went at [email protected]; beef cows, [email protected]; low cutters and cutter cows, [email protected], and bulk stock and feeder steers, [email protected]. Receipts were about 1,200. Tone Better Calves advanced 50 cents, sending best vealers up to sl6. Others sold downward to sls. About 600 head arrived. Sheep did not change, but lambs were steady to 25 cents off. Top lambs dropped to $12.25, bulk fat lambs were $11.75@12, and fat ewes, $6.50®8.50. Receipts were estimated at 800. • N —Hog*— Receipt*, 5,000; market iteady to strong. 90-180 ji> 9 8.50® 10.85 130-160 lbs [email protected] 160-200 lbs 11.25® 11.60 200-250 lbs 11.00011.50 250 lbs. up 10.00011.10 —CattleReceipts 1.200; market lower. Beef steers $11.50013.50 Beef cows 6.25™ 8.50 Low cutters and cutter cows.. 4.00@ 5.50 Bulk stock and feeder steers... 7.250 8.25 -CattleReceipts. 800; market higher. Vealers 115.00016.00 Heavy calves 6.00® 9.50 —Sheep and Lambs— Receipts, 300; market steady to lo ver. Top fail lambs Bilk fat lambs 11.75412.00 B ilk cull lambs 6.50# 5.50 Fi t ewes 4.50 0 6.25

Other Livestock Bu United Brest CHICAGO. Sept. B.—Cattle—Receipts. 11,000; grain fed steers, strong to 25c higher, grassers slow, iteady to strong; 815.25 paid for Dakota fed long yearlings: best heavies. 815.10; bulk fed yearlings, [email protected]; stockers and feeders, steady, mostly $7.75 @8.75; she stock tending lower: bulls, steady to 15c higher; vealers., 25c higher; largely a sls market to big packers, outsiders paying $15.50 and higher. Sheep Receipts. 21.000: fat iambs opening slow, about steady; early sales good native lambs lightly sorted. $12.25 012 SO; selected natives to city butchers at $12.75; bidding up to sl3 on good choice Westerns; choice offerings above $13.25; few heavies down to $11: culls around $9; few at $9.50: sheep steady, good to choice lightweight ewes $5.5006; heavies down to $12.50. Hois (soft or "oily hogs and roasting pigs excluded)—Receipts. 26.000; market unevenly 10-35 C nlgher: heavyweight. 250-350 lbs., medium to choice. $10011.25; medlumwelght, 200-250 lbs., medium to choice. SIO.6O®U 45; lightweight. 160-200 lbs., common to choice. $10.25011.40; light lights. 130-160 lbs., car non to choice, s9@ 11.25; packing saw., smooth and rough, $8.5009.75; slaughter pigs. 90-130 lbs., medium to choice. $8.50010.25 Slaughter cattle and calves: Steers, 1,50d lbs. up. good and choice, $12.25015.25; steers, 1,100-1,500 lbs., choice, $14,350 15.25: good. $1i.50014.35; steers. 1.100 lbs. down; choice, $12013.25; good. $11014.35; medium. $8.50012; common. $6.50 0 8.75: light yearling steers and heifers, good and choice. 850 lbs. down $10.50014.25; helf. era. good and choice. 850 lbs up. $8.75 @12.75; common and medium, all weights, $6.75010.25; common and medium. $5.25 06.75; low cutter-cutter, $4.500 5.25; calves, medium to choice, $7010; vealers. cull to chotre, $7015.50; feeder and stock cattle, steers, common to choice. $6.50 #10.35. Slaughter sheep and lambs: lambs—Light and handyweight. 92 lbs down, medium to choice. $11013.25. Cull and common, all weights. $8.25011; ewes, medium to choice. $3.5006: cull and common. $1.2503. Feeding lambs, range itock, feeding lambs, medium to choice. 11.7&014. Bu United Brett CINCINNATI. Sept. B.—Hogs—Receipts, 3,600; holdovers. 1,037: market, butchers 10@15c up: 250-350 lbs., $10.25011.60; 200250 lbs.. $11.35011.75: 160-200 lbs.. sllO 11.75; 130-160 lbs.. $10.50011.25; 90-130 lbs.. $7010.50; packing sows, $8.5009.60. Cattle—Receipts, 1.325; calves, receipts 650; market steady; beef steers, $9011.50; light yearling steers and heifers. $7,500 IT: beef cows, $5.50 0 7.50: low cutter and cutter cows, $4 05.25; vealers. $10015: heavy calves. $10012; bulk stock and feeder steers, SBO9. Sheep—Receipts, 1.000: market slow, steady; top fat lambs. $13.50; bulk fat lambs, (10.50 0 13.50; bulk cull lambs. s7@9; bulk rat ewes, s4@6. Bu Timet Special LOUISVILLE. Sept. B.—Hogs—Receipts, 800; market, unevenly higher: change made In grades, 350 lbs. up, SlO.ed; 175-250 lbs., $11.35; 130-175 lbs., $10.25; pigs, s7@B; roughs, 1708; stags, $7. Cattle—Receipts, 100; market, steady. Calves—Receipts, 200; 'market, top; calves, steady; others 50c lower; good to,choice, $1101.3.50' medium to good, $8.50010.50; outs, (8.50 down. Sheep- Receipts. 300; market, steady; mixed lambs, $11.50; ewes and wethers. sl2; seconds. $7.50; sheep, $305. Bp United Brett PITTSBURGH. Sept. B.—Hogs—Receipt*. 3,000; market, mostly steady. 2Cc lower; 250-350 lbs., $10.75 011.50 , 20r-250 lbs., [email protected]; 160-200 lbs., 311.60011.80; 130-160 lbs., $10.25011.60 ; 90-130 lbs., $9.50 010.25; packing sows. $8.5009. CattleReceipts, none. Calves—Receipts, 200; market slow to steady; beef steers, $10,250 12; vealers. $13.750 16.50; both nominal. Sheep—Receipts, 1,000; market, slow, steady to 35c down; top fat lambs, $13.50; bulk cull lambs. SBOIO. Bu United Brett EAST BUFFALO. Bept. B.—Hogs—Receipts, 1,200: holdovers, 300; market, unevenly steady: 250-350 lbs., $10.60® 11.75; 200-2&0 lbs,. $11.60012; 160-200 lbs., $11.50 @l2: 130-180 lbs., $10.25011.50 ; lbs.. $9.50010.25; packing sows, $8.50 09.25. Cattle—Receipts, 175. Calves—Receipts, 200; market, steady; vealers, [email protected]. Sheep —Receipts, 300; market, steady; bulk fat lambs. $13.50; bulk cull lambs, $909.50; bulk fat ewes. $506. Bu United Brest TOLEDO Sept. B.—Hogs—Receipts. 800; market lower; heavies, $10010.90; mediums. $10.85011.40: Yorkers; $11011.50; good pigs. $909.50. Cattle—Receipts, light; market steady. Calves—Receipts, light: market steady. Sheep and lambs— Receipts, light: market steady. Bu United Press CLEVELAND, Sept. B.—Hogs—Receipts, 2.000: market steady to 10c lown; 350-350 lbs.. $9.50 011.10 ; 200-250 lbs* sll.lo® 11.75: 160-200 lbs.. $11.50011.75; 130-160 lbs.. (10011; 90-130 lbs., $9.500i1; packing sows, $809.50. Cattle—Receipts. 300; calves, receipts 350; market slow, weak; beef steers. $8.5009.50; beef cows. $5,750 7: low cutter and cutter cows. $405.50; vealers, $13016.50. Sheep—Receipts. 1,000: market steady, weak; top fat lambs. $13.25: bulk fat lambs/ $12.75013.25- bulk cull lambs, $9011; bulk fat ewes. 8&06.5O.

In the Cotton Market

(By Thomson ft McKinnon) NEW YORK, Sept. s.—Draw a line through 13,000,000 and you will have a fair Idea of what will be bullish or bearish tor the estimate this morning.

THE INDIANAPOLIS TIMES

In the Sugar Market

(By Thomson Sc McKlnnqp) NEW YORK, Sept. s.—The Irregular movement of sugar futures prices Wednesday was attributed to the easier cables. London having apparently misinterpreted reports to the effect that President Machado had decided to leave the restriction question to a commission, whereas the commission it Is understood, has to do with an endeavor to secure, cooperation from other sugar producing countries. A strong undertone was reflected In the market for raws with rumors of sales of both Cubas and Philippines at 3 1-16 cents cost and freight, which, however, remained unconfirmed. Indications are that the strength will continue. cqttoFyield REDUCTION NEAR MILLIONBALES Forecast Indicates Decline in Production—s 6 Per Cent Normal Sept. 1. Bu United Prett WASHINGTON, Sept. B.—Cotton prospects declined from a forecast production of 13,492,000 bales on Aug. 1 to 12,692,000 bales on Sept. 1, or 8,285,374 bales less than the crop of 1926, the Agriculture Department announced today. The condition of the crop on Sept. 1, reported as 56.1 per cent of normal, declined 13.4 points in one month. Declines occurred in all States except New Mexico, Arizona and California. Principal declines were Oklahoma, from 75 to 51 per cent; South Carolina declined 18 points; North Carolina, 14 points; Texas, 13; Arkansas, 13; Florida, 13; Alabama, 12; Mississippi, 11, and Georgia, 10.

The department said the weevil is the dominating factor in the cotton situation. Propagation has been accelerated by wet weather, infestation has increased materially and the area where weevils are prevalent has extended northward. 801 l worm, leaf worm, red spider, rust and root rot are reported from many areas, but damage from these is probably on the whole, not more than usual, the department said. New York $lO Higher Bp United Prett NEW YORK, Sept. B.—Cotton futures advanced $lO a bale today after the issuance of the Government September estimate. This figure was almost a million bales below the average guess of members of the Cotton Exchange and more than a million under the average of fourteen, private estimates. Up at Chicago Bu United Prett CHICAGO, Sept. B.—Cotton futures for all months shot upward 200 points or $lO per bale on the Chicago exchange today after issuance of the Government crop report. Advance at Dallas Bu United Press DALLAS, Texas, Sept. B.—Cotton futures jumped almost $lO per bale as result of the Government crop estimates Issued today. Immediately after trading was resumed in New York futures at 10:15 a. m., October futures were quoted at 24.40 cents a pound as compared with 22.61 cents just before the report was issued at 10 a. m. December was 24.72 as compared with 22.89 before the report. The maximum fluctuation allowed by exchange rules in any one day is $lO per bale. Spurt at New Orleans Bp United Prett NEW ORLEANS, La., Sept. B. The cotton market In future trading spurt’d here today on receipt of the Government’s crop September estimate. January was 188 points above the opening quotation. March was 189 points up; May 182 points up; October 175 points up; December 175.

Produce Markets

Butter (wholesale price) Creamery best grade a pound. 44047 c. Butterfat—Local dealers. 430 44c. Eggs—Strictly fresh deUvered at Indianapolis, 27028 c. Poultry (buying prices)—Hens. 19020 c: Leghorn hens, 13015 c: roosters. 16 oi2c; broilers, Vi lb. up, 19020 c; leghorns and small broilers, 14015 c: turkeys, hens, 20 025 c: young toms, 20025 c; old toms, 15 020 c; ducks. 120l5c: geese. B®ioc: guineas. 35c. By United Press CHICAGO, Sept. B.—Butter —Receipts. 10,684; creameries, 42 0 43c; standards, 40‘/ac; firsts, 37'/a®3B , /ac; seconds. 35‘,W 36'/'aC extras, 44'Ac. Eggs—Receipts, 10,646; ordinaries, 23-28 c; firsts. 3.032 c; seconds. 21023 c. Poultry—Receipts, 6 cars; fowls, heavy, 21'/ 2 c; small. 16c; springs, 23c; ducks, heavy, 21022 c; small, 18c; geese, 14019 c; turkeys, 25c; roosters, 15c. Cheese—Twins. 23%®24c: young Americas, 25'/a® 26c, Potatoes—Arrivals, 98c; on track. 196; In transit, 665; Wisconsin sacked Irish cobblers, $1.9002.10, according to quality and condition; Minnesota sacked sandlot Ohios. $1.4001.45- Idaho sacked rurals, $1.5002; russetts. $2.25 02.35. Sweet potatoes—llo2.7s. By United Press CLEVELAND, Sept. 9.—Butter—Extras in tub lots, 47 , /2@4Bv'2C; firsts, 41ti@42V 2 c; seconds, 39Vi@40'/ic; packing stock, 28c. Eggs—Extras, 39c; extra firsts, 37c; firsts, 3Zc; ordinary, 28c; pullet firsts, 21c. Poultry —Fowls, 24@25c; Leghorn fowls. 17018 c; heavy springers, 26027 c; few Plymouth Rocks, 28c; Leghorn springers. 22 024 c; cocks, 15017 c; ducks, 22023 r. Potatoes— Jersey. 150-lb. sacks. $3.50: Ohio, round whites, $3.35. STORM CAUSES LOSS IN WESTERN INDIANA Judyville, Covington, Veedersburg and Williamsport Struck. By Times Special ATTICA, Ind., Sept. <B. Four western Indiana towns—Judyville, Covington, Veedersburg and Williamsport—today were making repairs after being struck by a heavy wind and rainstorm late Wednesday afternoon. During the storm, Are smarted by lightning destroyed the Ora Woddy lumber yard at Judyville with a loss of $7,000. For a time the entire town was menaced by the flames. Attica, Williamsport and West Liberty firemen aided in fighting the blaze. Hail fell in Williamsport and there was damage in Covington and Veedersburg from high wind.

ALL GRAIN UP UNDER LEAD OF CORNADVANCE Stronger Prices on Futures Hold Most of Day at Chicago Pits. By United Press CHICAGO, Sept. 8. Stronger prices in all grain futures held during most of today’s session on the Chicago Boar dos Trade. Com led the advance, closing to 1% cents higher than Wednesday’s final figures. Wheat closed % to % cent higher and oats % to % cent up. Wheat opened lower due to weak cables, but unfavorable weather conditions in Canada caused an early advance, which held during the remainder of the day. Export business was 250,000 bushels. Receipts here were only 29 cars. Cash wheat was unchanged. Com was down early, but the market had reached an oversold condition due to recent heavy losses, and, aided by considerable short covering, prices shot upward during the forenoon and held a fairly steady level all session. Rains were general in the belt today. Receipts vere 194 cars. The cash market was unchanged. Oats were without Interest and were higher in sympathy with other grains. Receipts were 41 cars. Cash oats went % to % cent higher. Provisions closed higher. Chicago Grain Tabk, —Sept. 8— WHEAT— Prev. Open. High. Low. Close, close. Bept.. 181% 133% 1.31% 1.33% 1.31% Dec... 1.36% 1.37% 136% 1.37 V, 1.36% March 1.40 1.41 1.40 1.40% 1.40% CORN—sept.. 1.00% 1.02% 100% 102 1.00% Dec... 1.02 1 04% 1.02 1.04% 1.02% March 1.05 1.07 1.05 1.08% 1.05% OATS— Sept.. .43% .44% .43% .44% .43% Dec... .47 .47% .47 .47% .47 March .50 .50% .50% .50% .50 LARD— Sept. 12.97 13 25 12 97 13.23 13.02 Oct.. 13.05 13.30 13.02 13.27 13.10 Jan.. 13.50 13.75 13.47 13.75 13.57 RIBS— Sept. 11.85 11.85 11.85 11.85 11.95 RYE— Sept.. .93% .94% .93% .94 .93% Dec.. .97 .97% .95% .97 .97 March 1.00% 1.06% I.<X>% 1.06% 1.00 By United Press CHICAGO. Sept. B.—Cash grain: Corn —No. 2 yellow. 51.03%01.03%; No. 3 yellow. $1.01%@1.03%: No. 4 yellow. 99c@ $1.00%; No. 5 yellow. 97%@&8%c: No. 6 yellow, 96@96*/c; No. 5 mixed. 95%c: No. 6 mixed. 95c; No. 4 white, 98@99c: No. 5 white 85‘ic; No. 6 white, 94@94%c; sample white. 86@94c. Oats—No. 2 white. 46*i@47%c: No. 3 white ,45 0 47c; No. 4 white. 43 0 44c. Bar’ey—76®B2%c. Rye— No. 3. 96 %c. Timothy—s2.7s @3.50. Clover —518.750 26.75. By United Press TOLEDO. Bept. B.—Close; Cash wheat—--51.35*201.36%. Com—No. 3. $1.0701.08. Rye—No. 2 sl.Ol. Oat*—No. 2. 49 @ 50c; clover, cash Imported. $14.50; October, $16.25; December, sl6; December. Imported, $14.50; March. $16.40. Timothy—Cash. $1.65; December. $1.70; March. $1.90. Alsike—Cash. $14.90; December. sls; January. $15.15. Eggs—3oo 32c. Hay—s2s. CRASH BLAME PUT ONGORDON Guard Probe Report of Plane Tragedy Made Public. Blame for the air crash at Stout-Cox airport, Mars Hill, In which Sergt. Ralph A. Gordon, 113th Observation Squadron mechanic, and Mrs. Vivian Jackson, Reisner St., were killed Aur,. 25, was placed upon Gordon by the findings of the Indiana National _> -ard Investigation committee mnr.e public today. Sergt. Charles Long and Corporal Albert Drayman, squadron attaches, are charged in the repo.t with having helped Gordon to wheel the plane from Its hangar and take off. Adjt. Gen. William H. Kershner approved the report and said tha* disciplinary action would probably be taken against Long and Drayman. The report failed to give the probable cause of the accident. “The incident occurred without the knowledge or consent of any officer of the squadron and the act was in direct violation of orders in that Sergeant Gordon was wholly without authority to fiy a ship and that a woman was taken in a Government airplane as a passenger,” the report said. RESUME MR WORK City Settles Pleasant Run Squabble Today. Work was resumed on the Pleasant Run main terceptor sewer after settlement today of a squabble between the Krenn & Dato Con-: struction Cos. engineers and the city over the width of the excavation. City Engineer Paul Brown ordered Samuel Shearer, city inspector, back on the job late Wednesday, and permitted the contractor to resume work with a minimum width ditch for the four-foot tile. Brown and works board members objected to the contractor excavating 18 to 20 feet to lay the concrete sewer. INSANITY TO BE DEFENSE Slayer of Three in Office Fight to ClainuHe Is Deranged. By United Press NEW YORK, Sept. B.—lnsanity will be the defense plea of Charles M. Bernstein, Baltimore merchant and dabbler in New York real estate, who killed three men in an argument Tuesday afternoon, Alexander Abrams, an*uncle of Berstein, said today. Bernstein’s wild shooting added another death to the list Wednesday when Robert McGroarty, struck by a body of one of the victims who tumbled from a ninth story window, died from injuries.

THE CITY IN BRIEF

FRIDAY EVENTS Indianapolis Teachers' Institute meeting, Caleb Mills Hall, all day. National Federation of 'Post Office Clerks’ convention, Claypool. all day. Women's Auxiliary, National Federation of Post Office Clerks, Claypool, all day. National Federation of Rural Letter Carriers' convention, Claypool, all day Optimists’ Club luncheon, Claypool. Knights of Columbus, luncheon, Spink Arms. Exchange Club, luncheon, Lincoln. Open Forum, luncheon. Chamber of Commerce. Indiana State Fair, State Fairground, all day. Phi Delta Theta, luncheon. Chamber of Commeroe. Delta Tau Delta, luncheon. Board of Trade. Thieves forced a rear window of the Little Rock Billiard Company, 134 8. Illinois St., Wednesday night, and took $46.20 from the cash register, police were told today. A. H. Verbarg, 1125 N. Alabama St., reported to police that for a week thieves have been stealing water heaters, doors, window frames and building supplies from the site of his new homt under construction at 202 Hamilton Ave. Material valued at S2OO has been taken, Verbarg said. Mrs. Everett Strahl, 28, of Greenfield, Ind., and son, Virgil, 6, were badly cut by glass when an auto driven by her husband collided with a car driven by Kirt Wells, 828 S. Noble St., at Arlington and Lowell Aves., today. While she was away from home with her family for three weeks, burglars stole Jewelry, baseballs, tennis rackets and marbles, total value SIOO, Mrs. Carl Koss reported to police today. Police have been asked to watch for Porter Leggre, 16, who ran away from the Indiana Boys’ School at Plainfield, Ind., Wednesday. Police at Brazil, Ind., hell a man today giving his name as Elton Exline, 21, of Germantown, Ohio, who was found in a Ford auto without license plates. He told the Brazil police he stole the auto here Wednesday. A certificate of title card in it bore the name Lester Harvey, 926 N. Beville Ave. Work laid out by the National Institute in Washington will be reviewed by officers and chairmen of various committees ol Indiana Chapter of American Institute of Architects in session at 6:45 tonignt at Columbia Club. Purchase of a 200-acre tract one and one-half miles north of New Augusta by Gavin L. Payne, investment broker, for about $21,000 from estate ol John Wachts tetter has been announced. A. R. Mathis of real estate department of Flefbher Savings and Trust Company, handled the deal. More than 100 members of the Gyro Club attended a stag dinner held at Bpink-Arms Hofc'l Wednesday night at which guests of honor were Wally Stauffer of Dayton, Ohio, governor general of district No. 1, and Alfred S. Frank, secretary. The Sdenteeh Club will picnic Saturday at Northern Beach on White River. “Cannonball” Baker, famous race and test driver, passed through Indianapolis Wednesday night driving a two-ton, fast-duty. General Motors truck from New York City to San Francisco. Baker arrived here at 9:15 p. m., having left New York at 9:10 Monday. He Is seeking to break the truck record for transcontinental tours. Mrs. Lilly Sain, 1908 Ashland Ave., telephoned police early this morning that someone was prowling in her ailic Officers found a squirrel there. Police are holding a Negro answering the description of the man who has snatched two purses from women in Illinois St. between Market and Washington Sts. recently. Burglars stole a radio set and equipment valued at $l5O from the Central Radio Shop, 2905 Central Ave., J. H. Mathews, manager, reported to police today. Coroner C. H. Keever gave heart disease as the cause of sudden death of Edward Baker, 67, while sitting on the porch of his home, 1421 Churchman Ave., Wednesday. William Cook, 39, of 935 Prospect St., is in City Hospital today suffering effects of poison taken late Wednesday in a suicide attempt, police said. The motive, was said to be ill health and lack of employment. Burglars entered the J. H. Jarrett hardware store, 2506 Martindale Ave., Wednesday night arid stole watches valued at $19.50.

TWO-CENT DAY Tomorrow (Friday) at RIVERSIDE From II a. m. to 11 p. m. you can ride the thrl ler. derby racer, skyrocket, whip, merry-go-round, caterpillar, frolic, old mill, Ferris wheel, aerial swing or twister for TWO CENTS A RIDE. MILE-HIGH RUTH HERE SUNDAY

DR. L. LEE KRAUSS OF HOLLYWOOD IN PERSON Appears at Each Performance I . Matinees gg Mldnite Today and j Mrs.Wllace Reid’s \ Show! Friday j aaaiing story of the traffic instirla L \ ■lms ak * \g} \ Saturday TSST Engagement JBk K Engagement SundaTxight: Sunday^Night! ADVANCE SALE BERKELL PLAYERS STARTS MONDAY , SEPT . 12

DEATH TAKES WIFE OF NEWSPAPER AUDITOR Mrs. Ella S. Woempner Was Lifelong Indianapolis Resident. Mrs. Ella S. Woempner, 36, Ritter Ave. and Raymond St., who died Wednesday in the Methodist Hospital, will bo* buried in Concordia cemetery Saturday afternoon, following funeral services at 1:30. The Rev. W. C. Meinzen, pastor of the Emmaus Evangelical Lutheran Church, will officiate. Mrs. Woempner was the wife of Enil C. Woempner, auditor of the Indianapolis Star, and a lifelong resident of Indianapolis. She was the daughter of Mr. and Mrs. Charles F. Moeller, 1441 S. State Ave. Surviving Mrs. Woempner are the husband and parents, three children, Velma Louise, Robert Charles and Marjorie La Verne Woempner; five sisters, Mrs. Marie Berhmann, Misses Lulu Charlotte and Freda Moeller of Indianapolis and Mrs. Leona Eisele ofriSstevan, Saskatchewan, Canada, and a brother, Theodore Moeller, of Indianapolis. HOLD FUNERAL FRIDAY Mrs. Mabel Sweeney, 47, Died at Home Wednesday. Funeral services for Mrs. Mabel Sweeney, 47, of 444 N. Tacoma Ave., who died Wednesday will be conducted at her home Friday at 2 p. m., by the Rev. O. A. Trinkle, pastor of the Englewood Christian Church. Burial will be in Crown Hill cemetery. Mrs. Sweeney has lived in Indianapolis nearly all hep life. Besides her husband, John A. Sweeney, she is survived by two brothers, James Ballard, Indianapolis, and David S. Ballard, Denver, Col., and three sisters, Mrs. Harvey Chenseen, and Mrs. Eva Monroe, Indianapolis, and Mrs. Luella McCrain, Salem, Ohio. Prominent Lawyer Dead By United Press PITTSBURGH, Pa., Sept. B. George Breed Gordon, lawyer and associate of Supreme Court Justice Hughes in many legal affairs, died here today at the age of 67. He was a member of the Union League Club of New York.

I Buy and Sell Liberty Bonds NEWTON TODD 415 Lemrke Bldg.

AMUSEMENTS Kathryn Lambert Presents “PARISIAN WHIRL” Vaudeville's Newest Revue Burns & West Dave Rafael Cos. Stanley Chapman Ferguson and Sunderland Knox & Stetson "SNAPSHOTS OF 1927 V Dally Pipe Organ Recital by Ruth Noller, Starts 12:40 Noon. Doors Open 12:30 Next Week, “Sunshine Sammy” Famous Star of “Our Gang Comedies"

FJ li'C' Jll/5 LAST mats. iflggaJSf.iEEK OF"™ Hi Jll ip season sat - THE STUART WALKER COMPANY IndhuiapoMs STUART WALKER Cincinnati In the First Local Companies Presentation of BEGGAR ON HORSEBACK By G. S. Kaufman and Marc Connelly Music by Deem* Taylor Staged by George Somne* FINAL PERFORMANCE ON SUNDAY NIGHT

ENGLISH’S I OF BUMMER SEASON BERKELL PLAYERS “HOME FIRES” EVES, B:IS—MATS. WED., THURS., SAT., AT 2:15 ADVANCE SEAT SALE COLONIAL OPENING MON., SEPT. 12, 9 A. M.

MUTUAL Burlesque Theater A FAST, SNAPPY SHOW “Nite Life in Paris” SHIMMY SHAKING CHORUS On the Glass Illuminated Runway

MOTION PICTURES

SEPT. 8,1927;

PARADE BEFORE-; BEAUTY JUDGES Decision on Crown to Be Made Tomorrow Night. By United Press ATLANTIC CITY, N. J., Sept. B. Bathing beauties went to high school today, but not in the cause of education. The seventy-four young and personable young people competing in the annual pageant for the title of Miss America, went to the school to parade before fifteen judges who will decide by tomorrow night which contestant shall wear the crown of beauty. One by one the girls came upon the platform, stood, turned, strolled and the illustrators, cartoonists and artists who comprised the board of judges made copious notes to guide them in their all-important deliberations. The girls wore more op less scanty bathing costumes, which served to lighten the burden thrust upon the court. The first formal event of the pa<geant came last night when th@ American beauty ball was held oqi the million dollar and some cent® pier. Incidentally the function provided an answer to the absorbi N ME query; “What kind of an dress does a beauty contest winner buy when her patrons pay for it?” The reply, in case you are Interested, is: “Taffeta of some pastel shade, with a pronounced bouffante effect.” MOTION PICTURES

AT THE COOL INDIANA Sta.te Fair Visitors Be Sure to See POLA NEGRI in Her Best Picture Since “Passion” “BARBED WIRE” ON THE STAGE The Harmonica King BORRAH MINEVITCH and Harmonica Band “Boyhood Days” Best Publix Show Yet ( “Pomp and Circumstance” STOLAREVSKY Conducting MAURICE Playing Grand Barton “At the Fair” Other Indiana Features Open at 11:00 a. m. De Luxe Shows 1:10, 3:10, 7:10, 9:10

COMING SATURDAY Clap Hands Here Comes Charlie CHARLIE DAVIS and Publix New Show “ORANGE BLOSSOMS”

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They won’t be here much longer ... HURRY! HURRY! } Hear them now waring;s Pennsylvanians } On owr screen BEN LYON 5 “For the Love of Mike’' They’re Talking About It

COMING SATURDAY NORMA TALMADGE in" Camille” Remember —New Show Starts on Saturday

jdggHfi Gary Cooper Thelma Todd Wm. Powell In ZANE GREY’S “NEVADA” Helen and Warren Comedy “HER SILENT WOW” M. G. M. NEWS

OPJ2M9 DOUGLAS MACLEAN “SOFT CUSHIONS” SEN NETT COMEDY. FOX NEWS, EARL GORDON, EMIL SEIDEL’S APOI i,O MERRYMAKERS, JIMMY MULVANEY, VOCAL SOLOIST.