Indianapolis Times, Volume 39, Number 106, Indianapolis, Marion County, 12 September 1927 — Page 10

PAGE 10

TIGHTER CALL MONEY BRINGS WAVE Many Industrials Sell Off While Individual Issues Show Strength.

Average Stock Prices

Average of twenty Industrials Saturday was 195.86, up 1.26. Average of twenty rails was 139.12. off .06. Average of forty bonds was 98.00, unchanged. By United Ureas NEW YORK, Sept. 12.—Further tightening in call money today caused a wave of selling in the stock market after a strong tone ' had been displayed in early dealings. A long list of industrials sold off from fractions to more than a point and at the same time individual shares took on strength, making substantial Sains. United States Steel soared at the MOTION PICTURES

At the Cool INDIANA Ptiblix New Idea “ORANGE BLOSSOMS” Dorothy Neville Earl & Belle Dezso Retter Eugene Cibelli “Toots” and Ensemble With— CHARLIE DAVIS and His Indiana Stage Band IPs “Old Home Week for Charlie and the Bunch “THE o„ _ _ _ _ the J Q Y Screen GIRL” Olive .l .Marie Borden Hamilton Dressier MAURICE iYUPo’v News—Novelty Dail y 1 to 6,40 c 11 to 1 • 9*>c Sun" Kal - 400 |lo | - Other* 60c

Circle the show plhcel df Indiana - : :

.2 S[orma-> , Talmadgcj < i THE WORLD’S GREATEST EMOTIONAL ACTRESS IN 1 “Camille” : ! THE WORLD’S GREATEST J lf\ EMOTIONAL ROLE M ,% * J * Truly a picture for posterity— , " Camille " is a love-classic of all timej > With Gilbert Roland, Alec i ' Francis and Liiyan Tishman j s 4 Triumphant Return of < Circle Concert * Orchestra STOLAREVSKY, conducting Other Excellent Circle Features

Qpjtttg) OUR GANG COMEDY “THE GLORIOUS FOURTH” Their Funniest Lauichfest JACKIE COOGAN “THE BUGLE CALL” Emil Srldel’s Apollo Merrymakers Fox News

Geo. K. Arthur-Lols Wilson In “The Gingham Girl” University trio Joe Alexander, Organist "Oh. Taxi” Comedy

Broad Ripple Park Open Every Day Till Snow Flies Kids, Swim for 10c and Ride for Half Fare Every Day Except Sunday Admission to Park FREE All Week Except Sunday

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Sept. 12.—There was good | buying of October at 50 Saturday. That caused the rally in the last few mnlutes. General confidence has been thoroughly shaken, however, and the market can easily sell lower. The decline has been so fast that many traders are still long who would have taken their profits had prices been more stable. outset, rising to its high of 157 after which it sold off two points. General Motors, General Electric, Allied chemical, American Smelting. Rock Island and New York Central made sharp early gains, only to sag before the end of the day. International combustion engineering spurted more than 2 points, while White Motors made a similar advance. International Telephone & Telegraph, American Bosch Magneto, Mack Trucks, and Freeport Texas also were strong. In the rail group Chicago & Northwestern rose to new high ground for the year, while Rock Island lost more than a point and New York Central held steady. Money Tight Describing the market, the Wall Street Journal’s financial reviewsaid: Heavy selling of stocks was occasioned at the start of the week by a tightening of money, incident to the mid-month settlements. Banks called approximately $20,000,000 in preparation for Government financing, tax payments and Sept. 15 dividends and interest disbursements. These withdrawals were reflected in a firmer tone in credit rates. After standing loans had been renewed at 4 per cent, call money advanced to 4 \is per cent, the highest charge for speculative accommodations since Aug. 2. Time funds also displayed a stiffer tendency. Borrowing from 60 to 90 days’ du•ration were quoted at 4 to 454 per cent, against 3% to 4 per cent recently in effect. * Week-End Orders Developments in the money market caused the main body of stocks to turn downward after an early burst of strength. Large buying orders accumulated over the weekend, due to the optimism regarding business conditions created by the increase of 54,000 tons in United States steel forward orders. Publication of this statement after Saturday’s close attracted demand for standard stocks from widespread interior points. After the early buying wave had run its course, the general list turned irregular. Profit-taking and short selling grew in volume simultaneously with the firming up of the call rate. Substantial declines from their recent highs took place in the speculative leaders, and the afternoon trading was marked by a heavy tone.

Banks and Exchange

INDIANAPOLIS STATEMENT Indianapolis bank clearings today wire 84,613,000; debits. 86.489.000. FOREIGN EXCHANGE By United Press NEW YORK. Sept. 12.—Foreign exchange opened Irregular. Sterling demand, 64.85 13-16. Franc, 3.91 =;c. oft ,00%c. Lira 5.4314 c, off .00’4c. Belga. 13.915ic. Mark, 23.77 c.

KINKAJOU and other hailroo n dHnces, free lessons each Tiles. 8 p. ni.. direction I.onls Stockman. Dance follows lesson. \JrlHu£f£UCL Ballroom Riverside Park

AMUSEMENTS WSFEBIM First Time in Indianapolis VIDA N FIG ADI AND HGK 7 PERSONALITY 7 GIRLS I A Brilliant Song; and Dance PKFISKNTATION Karito & Richards Baird * Hewitt Clifford Jack Donnelly Wayne Miss Merkle & Trio F'riends SPECIAL ENGAGEMENT l’ersonal Appearance SUNSHINE SAMMY of OUR GANG COMEDIES Dally Pipe Organ Recital by Ruth Noller. Starts 12:40 Noon. Doors Open 12:30

“ L I ENGLISH’S I ‘The Unkissed Bride’ A Rollicking Comedy. Entire Cast Berkell Players NEXT WEEK—Sept. 18—AT HOME COLONIAL)' “Gentlemen THEATRE Prefer Blondes” SEATS NOW SELLING Mats.—Weil., Thurs. and Sat.—2:ls NIGHTLY AT 8:15

y ll,l - “Ona B. Talbot- \ r ine Arts Enterprises All Seats NOW Selling GREAT MUSIC in our city means GREATER CULTURE. Give your children the advantage of hearing the greatest artists before the world today. Order Tickets Today! | Ona B Talbot, 916 Hume-Mansiir I

MUTUAL Burlesque Theater A RAZZLE DAZZLE OF YOUTH ‘‘Dimpled Darlings’’ With NORA FORD AND GKORGFI LEON On the Glass Illuminated Runway

THIRD ADVANCE IN SUCCESSION MADEJN HOGS 25 Cents Higher; Sheep, Lambs Climb Also; Calves Strong. —Hog Price Range— Sept. Bulk. Top. Receipts. 5. Holiday. 6. 10.75® 11.40 11.40 7,500 7. 11.00® 11.50 11.50 5.500 8. 11.00Cd1.50 11.50 5.000 9. 11.25® 11.60 11.65 6,500 10. 11.35® 11.75 11.85 3.500 12. 11.50012.00 12.10 4.500 For the third successive day hog prices advanced at the Indianapolis Union Stockyards today. The market was 25 cents higher on the hundredweight. This sent the top to $12.10, while most sales were at $11.50® 12. Estimated receipts were 4,500 and holdovers numbered 332. The Chicago market went up around 25 cents also, giving that livestock center a high figure of sl2.

Hog Price Range Most packing sows went at s9® 10, a few at $10.25, and pigs were $9.25 @10.25. The bulk of 130-150 pound meat animals brought $10.25 @11.25; 160-275 pounds, $11.85@12; 275-300 pounds, [email protected], and 300 pounds up, $10.75 @11.50. The cattle market was steady, considering fills. Beef steers sold it $10.25@ 12.50; beef cows, [email protected]; low cutters and cutter cows, s4@ 5.50; bulk stock and feeder steers, Receipts were %bout 700. Strong Display Strength was shown in calf trade, offerings approximating 400. Vealers were sls @l6 and heavy calves $6 @9.50. The sheep and lamb market was 25 cents higher. Top fat lambs were $12.50; bulk fat lambs. [email protected], and fat ewes, [email protected]. —Hogs— Receipts, 4,500; market higher. 90-130 lbs r--130-160 lbs ’.... 10..25® 11.50 160-200 lbs }} Soia.io 200-250 lbs 250 lbs. up 10.75® 12.00 -CattleReceipts. 7CO; market steady. Beef steers * l b'osS 1 b so Beef cows 6.25<0> 8.50 Low cutters and cutter cows.. 4.00® 5.50 Bulk stock and feeder steers... 7.J5® 8.00 —Calves— Receipts, 400; market strong. Vealers $15.00016.00 Heavy calves 6.00® 9.50 —v —Sheep and Lambs— Receipts, 500; market higher. Top fat lambs ex Bulk fat lambs l l nnr l 2'no Bulk cull lambs 5 22? 5'29 Fat ewes 4.M® 6 25

Other Livestock By United Press CHICAGO. Sept. 12.—Cattle. 25.000; grain led steers, steady, with scant supply: strictly choice kinds, strong to higher; grass cows and heifers, weak to 25c lot'er, Stockers and feeders, easy; other classes, steady; best heavy steers, $15.25; medium weights, sls; run Includes 7,500 western -rassers, largely cows and heifers; best ueavy sausage bulls, $6.25; vealers. mostly $14.50(it 15, few at $1.50. Sheep—Receipts, 13,000; fat lambs, active. 25035 c higher than Friday, with sorting considered, spots 50 higher; bulk good native lambs. $12.75 (S> 13: occasionally loads down to $12.50 and below; culls. $9,506(9.75, mostly; good range lambs, $13.25; good to choice kinds above $13.50; sheep, strong: good and choice and medium weight fat native ewes. $5.60®6; best held higher; feeding lambs. 25c higher; two doubles of choice 65-lb. finishers. $13.80. Hogs—(Soft or oily hogs and roasting pigs excluded)—Receipts. 28,000; market, 25050 c higher; heavyweight, 250350 lbs., medium to choice, $10.50® 11.75; medlumweight, 200-250 lbs., medium to choice. $11.25® 12; light weight. 160-200 lbs., common to choice. $10.90® 12; light lights, 130-160 lbs., common to choice. $9.75®11.90; packing sows, smooth and rough. $9.25® 10.25; slauaghter pigs. 90130 lbs., medium to choice, s9® 10.75slaughter cattle and calves, steers 1500 lbs. up. good and choice. $12.25015.25; steers. 110001500 lbs., choice, $14.50® 15.25; good, $11.50014.50; steers. 1100 lbs. down, choice. 114® 15.25; good. $11014.50; medium, $8,500(12. common. $6.5008.75; light Yearling steers and heifers, good and choice. 850 lbs. down. $10.50® 14.25; heifers, good and choice. 850 lbs. up. $8.25® 12.75: common and medium, all weights, $6.50® 10; cows, good and choice, $6.50016; cows, good and choice, *6.50010.25; common and medium. *5.1501.50; low cutter cutter. $4.50 ®5.25; calves, medium to choice. s7® 10; vealers, cull to choice. s7® 15.50; feeder and stock cattle steers, common to choice. $6.50®10.25. Bu Times Special LOUISVILLE. Sept. 12.—Hogs—Receipts. 1,800; market 25c higher: tops. $11.75. Cattle—Receipts, 1,700; market, steers steady, heifers and cows strong. Calves—Receipts. 800; market steady; good to choice, [email protected]; medium to good, $8.50® 10.50. outs, $8.50 down. Sheep—Receipts, 1,800; market, top lambs 50c higher, other steady mixed lambs, sl2; ewes and wethers. $12.50; seconds, $7.50: sheep, [email protected].

By United Press EAST ST. LOUIS, Sept. 12.—Hogs—Receipts. 10,500; holdovers. 1,274; market generally 25040 c higher; 250-350 lbs., *16.65011.75; 200-250 lbs.. *11.50012: 160200 lbs.. *11.50012: 130-160 lbs.. *9.50®) 11.90; 90-130 lbs., $9010.25; packing sows. *9.400 10.10. Cattle—Receipts, 9,500; calves, receipts 3,000: market steady to lower; beef steers. $9.50 0 12; light yearlings and heifers. SBO 10.25; beef cows, s6®>7; low cutter and cutter cows, $4.2505.25; vealers, $15.75; heavy calves. $7 0 8.50; bulk stock and feeder steers. S7O 8. Sheep—Receipts. 1.500: market, fat lambs 25c higher; others steady: top fat lambs, *12.50: bulk fat lambs. $11.50® 12; bulk cull lambs, $8.50; bulk fat ewes. $4.5005.50. By United Press EAST BUFFALO. Sept. 12.—Hogs Receipts. 11.500: holdovers. 366: market 10® 25c higher; 250-350 lbs., $10.90011.20 ; 200250 lbs., $11.90 0 12.50; I*o-200 lbr., *11.900 12.50; 130-160 lbs., *1,50® 11.90; 90-130 lbs., *10010.70; packing sows. $8.7509.75. Cattle—Receipts, 2,000; calves, receipts, 1,300; market steady to 25c higher; calves 50c higher: beef steers. *9O 13.65; low cutter @l7. Sheep—Receipts. 6,000; market 500 and cutter cows. *3.5004.50; vealers. *16.50 65c higher; bulk fat lamsb. $12.45014.50: bulk cull lambs, $l0(gll; bulk fat eifres, $5 @B.BO,

TO HOLDERS OF SECOND LIBERTY LOAN 41 PER CENT BONDS EXCHANCE OFFERING OF NEW TREASURY NOTES Second Liberty Loan bonds have been called for payment on November 15th next, and no interest will be paid after that date. Notice is given of anew offering of United States Treasury notes, in exchange for Second Liberty Loan Converted per cent bonds. The new notea will be dated September 15,1927, and wdl bear interest from that date at the rate of 3 % per cent. The notes will mature in five years but may be called for redemption after three years. Interest on Second Liberty Loan Converted 4 *' per cent bonds surrendered and accep -d in exchange will be paid to November 15, 1927 The price of the new issue of notes, is 100 %. Holders surrendering Second Liberty Loan Converted 4 hi per cent bonds in exchange will receive, at the time oi delivery of the new notes, interest on such Second Liberty Loan Converted 4 X per cent boDd* from May 15,1927, to November 15, 1927, leu the premium on the new notee issued. Holders of Second Liberty Loan Converted 4 54 per cent bends who desire to take advantage of this opportunity to obtain Treasury notes of the new issue, should arrange with their bank for such exchange at the earliest possible date, as this offer will remain open only for a limited period after September 15th. Further information may be obtained from banks or trust companies, or from any Federal Reserve Bank. A W. MELLON, Secretary of the Treasury. Washington, D. C. September 6. 1927.

THE EN DIAjS APOEJLS TIMES

New York Stocks

Thomson A McKinnon*

—Sept. 12 — _ Up to Prev. High. Low. 2 p.m. close. Railroad*— . „„ ..... Atchison 1971* 193 193 194'. At C L .196 195 196 194*4 b! & O 121% 121 131 U 12i Can. Pacific ...186=4 189% 186=4 185=4 c Jk O .197*4 ... 186 196% C. &N W ..... 93V 92*. 93*4 90 C. R. & P 109*a ... 108 109=4 Del. & Hud ....207*4 ... 207*4 206 a Del. & Lack ••• * = Erie Ist pfd ... 61la 80*4 61-4 60 Gt. Nor. pfd . .102% 102 102*4 152 Lehigh Val K. C. South ... 65% ... 65*4 65*4 L. & AJJJ* M. K. it T 71*a ... 46*.a 46*4 Mo. Pac. pfd ••• 104® N. Y. Ccn 161=4 ... 160 160*a N.Y..N.H.& H.. 51*4 50At 51 50 = 4 Nor. Pacific .... 96 ... 9’ 94% Nor. & West.... 186=4 . . 106% 186 Va Pere Marq *=* Pennsylvania .. 67*4 66’* 87 67 Reading 117 116=4 117 13**4 South. Ry 135*4 ... 134*. 120*4 Southern Pac ..121*4 . • 121 134% St. Paul 18=* 18 18 179* St. Paul pfd ... 33=4 ... 33=4 33 St,L. ds B.W 83 St.L.& B.F 112*4 ... 112 112* Union Pac 192 190 191 189 Wabash 7114 70*4 71% 70*; Wabash pfl 93*4 Robber*— Ajax 8' 894 8=) B=4 Fisk 17*4 . 17V. 179* Goodrich 79 77 77% 77% Goodyear 52% .. 52% 53 Kelly-Sprg 209. 28 28*4 28=4 . S. Rubber ... 54% 53*4 53% 54 Equipments— Am. Car & F...104*4 ... 104% 105*4 Am. Loco ... ... 110*4 Am. Stl. Fd-.... 54% 54*/* 54*. 51*4 Bald. Loco 261 *4 ... 259=* 261*4 Gen. Elec 141‘a 13994 139=4 140% Lima 65*4 ... 65*2 65*2 N. Y. Air Brk... 46*4 ... 46% 56=4 Pres. Stl. Car 72 Pullman 78% .... 77** ’(8*; Wsth A B 184 184 184 Wsth Elec 87% 85% 78*4 Steela— Bethlehem 65*4 63=* 64 64% Colo. Fuel 87 84*4 83% 85 = , Crucible 95 93 93 92% Phil RCA; L . 40=4 40* a 40=4 40=* Rep Stl 68 II S Steel 157 153=4 153=* 155 Vanadium 539* .... 53% 53*4 Motoia— Am Bo 22% 21% 22% 21*/* Chandler 22% 22 22 Chrysler 60 59 59 59=4 Con Me 10=, 10'2 10=4 10=4 Dodge ... 19% 18 16*2 17% Gabriel 52 52 51*4 Gen Wo 251 248=4 249% Hudson 83=4 82% 82% 84% Hupo 18% 18*4 18% 18 Jordan 20% .... 20% 20 Mack 104% '(.'2 104 102 Nash 92% 91*4 91=4 Packard 41% 40% 40% Studebaker 63% .... 60* 2 61% 6tew War 69 .... 68 Timken 127 , .... 127% 126*4 Wlllvs-O 17'a .... 17*4 17*4 White Mo 13*2 .... 43% 41% Mining— Am Em 179% 176% 177=* Anaconda 46% 46',4 769* 46% Cer De Pas 65% Inspir 18 V* In, NIC 65% 65% 65% Kcnnec 73=4 73 73'. 73% T ex G & Sul 69 679* 68'7 68% U S Sm 419-4 3194 Oils— At Ref 122 .... 121*4 121% Frecp Tex £l% 79% 80% 78% Houston 154% 151% 152 155 Indpt Oil 20*4 ... 20% 30% Marland C 37 36% 37 36% Mid C Pete ... 30% ... 30*4 30% Pan-Am Pete ... ... 31% Pan-Am Pete B 50% 49% 50 49% Phil Pete 44*, 43% 44 44 Union OH 43% ... 43% 43V* Pure Oil . 26=* 26% 26% 28% R'y'i Dutch* 47 Shell ... 26=4 ... 26% 26% Stnclalr 17=4 17% 17% 17% 3kelly 27=. 27% 27% SO of Cal .... 54’a . 54% 54*4 SOof N J 40*4 19% 40 39*4 S O of N Y... 31% . 31*4 31% Texas Cos 50 1 a 50% 50‘a 50% Trans Pete 8 ... 8 8 Industrial*— Adv Rnmly 11% Allis Chaim ....113 .. 113 112% Allied Chem 184% 162% 163 163% Armour A 9*, ... 9% 9 Amn Can 63% ... 63% 63% Am H-L 10 Am H-L pfd 64 Am Safety R .. 49 ... 49 49 Am Wool 25% ... 25% 25% Cer.tr s 1 14 . . is% Coco Cola 123% ... 123 12194 Cont Can 72% 72 72% 72 Cert Prods 51 Dav Ch*m ..... 36=4 36 36 36% Dupont 316% ... 314 318 Famous Pi 106 103*4 104 10494 Den Asphlt 75% 73% 74 74 Int C Engr ... 52 50% 61*4 48% Int Paper 55=4 54=4 5494 54% Jot Harv 217*, ... 216 216% May D Sta 82 *4 80% 82 83% m3® Ward 77% ,". 4 75% , 83 * Nat Lead ... 122 gadio 64% 63% '63% 63% goal Silk 25’. 25*a 25% 26 Rem Type 39% ... 39% 39% Sears-Roeb 75% ... 74 74% Un ted Drg 170% ... 170% 170% Unlv Pipe 27% ... 27% 26% gfcip I®® ::: iE * ill*; u S In A1 ... 70W Woolworth— 188% 187% iM% 188% AmT*T*....Vnu ... 171% 171% Am Express 1.47 Am W W 54% ... 54% 5494 Brklyn Man /a jg-i Col Gs &El .... 95 ... '94% 94’S Cons Gas 117% 117 117 117% Interboro 333; No Am Cos 56% 56 56% 55% PmP.I'* 1 '* ° 150% ... 150% 151 s Gas & Ei".'.'.'. ;; ;;; ••• W - 450 Am In Corp .... 53% ... 53% 54% Am Sand C .... .. !** * lit Atlantic G * * '• In M M pfd ### 39*4 Unßod Fr 150 ... iso 149 1* oods— Am Sugar ... 90 A&n ar :::::: *B* - t* 20 * Beech N 55 cSm p% Mv * ' 4 * g* Cuba CpM .... 3794 37% 38% Cuba A Sur .... 24*a ... 24'a 29% Flelsc’.iman.t ... 62’, 62% 6294 62% Jewe, Tea 65% ... 64% 64£ P,®n.? IS fi Ult 140 141 141 “i nta Ale .. 38* Postum 124 122 1 m 127 1933. ' "' 29 29 JB ' = Am Suma so *4 Am Tob M 6% ... i4693 146 Am T (Bl 14t% ... 145 = , 146% Cons Cigars .... 81% ... 819-5 81% Gen Cigars 6894 Lorlll-ird 39=4 '39% 49 u RJJlev 148%' i45% 146% 145% T°b P 'Bl 99% 99 99% 99% U Cig Stor 35 3 4 . 3514 ok v Schulte R S .... 56=4 56 56*5 56%

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. Sept. 12.—The main action of last week s sugar market was to lav emphasis on the probability of a restriction of the Cuban sugar crop, as well as the expressed intention of the Cuban government to try to secure co-operation of other producing countries. Undoubtedly something will result from all this, which taken into connection with strong statistical poi itlon already ex.stlng would seem bound to send prices of both actual sugar and futures to still higher prices.

Local Wagon Wheat

Local grain elevators are paying *1.25 for No. 2 red wheat. Other grades are purchased on their merits. Other Livestock By United Press . PITTSBURGH, Sept. 12.—Hogs—Receipts. 3.500; market, 15®25c higher: 250-350 lbs.. [email protected]; 200-250 lbs.. f11.6*@12; 160-200 lbs., $12012.25; 130-160 lbs.. *10.50012; 90130 lbs., $10010.50: packing sows, s9® 9.50. Cattle—Receipt*, 12: calves, receipts 800; market steady; beef steers, *10.50012.50: light yearling steers and heifers. $8.50® 9.50; beef cows. $7.50 08; low cutter and cutter cows, $3.50 0 4.75; vealers. $13.75® 16.50; heavy calves. $6012. Sheep Receipts. 4,000; market steady to 25c higher; top fat lambs. sl4; bulk cull lambs. *B@lo. FIREMEN ARE INJURED Burned While Extinguishing Automobile Blaze. Firemen Charles Crouch, 33, of 486 S. Audubop Rd., and Robert McKendrick, 41, of 5345 E. Washington St., were burned about the hands and face early today whi’.e extinguishing a fire caused by a gasoline tank explosion in an auto owned by Taylor James, Negro, at Emerson Ave. and Fifteenth St. Vice Consul Slain by Italian PARIS. Sept. 12.—Vice Consul Nardini was shot and killed today in the Italian consulate. His attacker was an Italian, but has not been further identified.

DRASTIC DREAK FEATURES CORN, MARKET TRADE Between 3 and 4 Cents Off at Close; Wheat Down and Oats Uneven. By United Press CHICAGO, Sept. 12.—The drastic break in corn futures was the dominating feature of today's session on the Chicago Board of Trade. The yellow grain closed 3 to 3% cents lower than Saturday’s final figures; wheat closed a i to cents down and oats % cent higher to M cent lower. Com was sold heavily all day and prices after the opening trailed downward without a pause until after the noon hour. Quotations at the low point were over 5 cents under the previous close, but late in the session an oversold condition developed and short covering resulted in regainig some of the losses. Before noon all futures were selling under sl. The excellent progress of the backward crop, under influence of continued propitious weather, caused the slump. Receipts were large at 469 cars. Cash corn was 3 to 4 cents lower. Wheat was nervous early, but declined, In sympathy with corn and weaker cables. Losses averaged about 1 cent on all deliveries most of the session. Export trade was 1,500,000 bushels and weather in Canada was unfavorable, but these bullish factors could not offset the bearish movement. Receipts were 122 cars. The cash market was 1 to m cents lower. A feature in the oats pit was the strength shown by the September delivery, while the other futures declined fractionally. Receipts were 72 cars. Cash oats were H cent lower. Provisions closed lower. Chicago Grain Table —Stpt. 12WHEAT— Prev. High. Low. 11:00. close. Sept 1.31% 1.39*4 1.30 1.30% Dec 1.35% 1.339, 1.34 1.35% March 1.38% 1.3794 1.3794 1.38% CORN— Sept 98 .94*4 .95*, .99*4 Dec 47*4 .46=, .47% .47% March 509* .49% .5094 .50% RYE— Sept 95 .94 .94% .9594 Dec 98 .97 .97% .98% March 1.02 1.00% 1.00% 1.02% LARD— Sept 13.35 13.30 13.35 13.20 Oct 13.40 13.27 13.17 13.25 Jan 14.05 13.92 13.70 RIBS ~ ~ , n Oct. 12.10

Produce Markets

Butter (wholesale price i— Creamery best grade a pound. 44@47e. Butterfat—Local dealers. 43044 c. Eggs—Strictly fresh delivered at Indianapolis. 28® 30c. _ Poultry (buying prices)—Hens. 19@30c; Leghorn hens. 13® 15c: roosters. 10 4312 c: broilers. Va lb. up. 19®20c; Leghorns and small broilers. It® 15c; turkeys, hens, 20 025 c: young toms. 20®25c; old toms, 15 @ 20c; ducks. 124316 c: geese. 8®10c: guineas. 35c. By United Press NEW YORK. Sep*. 12 —Flour—Quiet and unsettled. Pork—Steady. Mess—s 32. Lard —Quiet. Midwest spot—sl3.6o® 13.70. Sugar —Raw. firm; spot 96 test, delivered duty ■■ paid. 4.83 c: refined, dull; granulated, 5.80 ® 6c. Coffee—Rio No. 7. on spot. 13® 13%c; Santcs. No. 4. 1701794 c. TallowFirm; special to extra. 894@8%c. Hay— Dull; No. 1, $1.20® 1.35; No. 3. 90c® $1; clover, 90cfi sl.lO. Dressed poultry—Quiet; turkeys. 204360 c: chickens. 20® 38c: broilers. 22036 c; capons, SO®46c: fowls. 130 30c; ducks, 11®22c; ducks. Long Island, 23®24c. Live poultry—Steady: geese. 15c; ducks. 13® 26e; fowls. 13025 c; turkeys. 25c; roosters 16c; broilers. 25®31c. Cheese— Firm; whole milk, fancy to best, 27® 28%c; young Americas, fresh 28VaC. Potatoes: Long Island. $1,650 4.25; Jersey. $3 ® ,50; Maine. $2®2.10. Sweet potatoes— Jirsey. basket. $1.5001.75; southern, barri Is, [email protected]; southern, basket. 90c®51.75. By United Press CLEVELAND. Bept. 12.—Butter—Extras In tub lots. 47® 48c: firsts. 41042 c: seconds. 39 0 40c; packing stock. 28c. Eggs— Extras. 40c: extra firsts. 38c: firsts. 32c; ordinary. 28c; pullet, firsts. 21c. Poultry —Fowls. 24®25c: Leghorn fowls. 17®18c; heavy springers, 26@27c; few Plymouth Rocks, 28c; Leghorn springers, 22@24c; cocks. 15017 c; ducks. 21 ® 23c. Potatoes— Jersey. 150-lb. sacks. $3.85; Ohio round whites, [email protected]. By T nited Press CHICAGO. Sept. 12.—Butter—Receipts. 8 159; creameries. 420 42%c; standards. 41c; firsts. 37*/,038%c; seconds. 35%@36%c; extras. 44c. Eggs—Receipts. 14,043; ordinaries, 24 0 29c: firsts, 32@33c: seconds. 21®23c. Cheese—Twins, 24%®2494c; young Americas, 25* 2026 c. Poultry—Receipts, 16 cars; fowU. heavy. 23c; smau, ioc; springs. 24c: ducks, heavy. 21® 22c; small. 18c; geese, 14®19c; turkeys, 25c; roosters, 15c. ‘NEED REDISCOUNT LEGISLATION’ —STRONG Chicago Dispute Leads House Banking Committeeman to Urge Action. By United Press WASHINGTON, Sept. 12.—The disagreement between the Federal Reserve Board and directors of the Chicago Federal Reserve Banks as to the board’s power to older changes in rediscount rates demonstrates the need of legislation regarding the board, Representative Strong, Republican, Kansas, believes. Strong, a member of the House banking and currency committee, said he intended to press for legislation to define the rediscount policy. Chicago bankers protested last week at a change in the rediscount rate ordered for that district by the Federal Reserve Board. LOOT FILLING STATION Two Young Bandits Make Escape After S2O Hold-up. Two young bandits, riding in an old auto without license plates, held up the Great Western Oil Station at Highland Ave and E. Washington St., Sunday night and escaped with S2O. William Lyster, 3760 Prospect St., attendant told police the bandits took the money in his pockets and ordered him into the station to get the money from the cash register WOMAN DIES OF BURNS Barbecue Stand Accident Cost Life of Mrs. Ludwig. Mrs. Harold Ludwig, 40,4343 Madison Ave., died at Methodist Hospital this morning of burns received last Monday when a gasoline stove in a barbecue stand exploded. Her husband beat out the flames, but she was burned fatally about face and body.

Indianapolis Stocks

—Sept. 12— —Stock*— Bid. Ask. Amer Central Life 550 ... Amer Creosotlng Cos pfd 101 105 Belt R R com 67% 69 Belt R R pfd 58 ... Cent Ind Power Cos pfd 92 95 Cities Service Cos com 49% ... Cities Service Cos pfd 90 ... Citizens Gas Cos com 57 58 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 84 Indianapolis Gas com . ... 60 Indpls & Nortftwestern pfd... 53 55 •Indpls P& L 6%s pfd 99 100% Indpls P & L 7s pfd 99 102 Indpls Pub Wei Ln Assn .... 479i ... Indianapolis St Ry pfd 37*2 39'/* Indpls water Cos pfd 103 Indpls Water Wks Sec Cos 98 103 Interstate PS pr lien pfd 1009* ... Interstate P S 6s pfd 84 Merchants Pub Util pfd ....100 North Ind Pub Service pfd.... 96 98 Progress Laundry com 24% ... Rauh Fertilizer pfd 50 Real Silk Hosiery pfd . 84 91 T H I & E com 1 T H I & E pfd 20 27 T H Trac & Lt Cos pfd 90 95% Union Trac of Ind com 1 Union Trac of Ind Ist pfd 7 Union Trac of Ind 2d pfd 2 Union Title Cos com 85 Van Camp Pack Cos pfd 5 Van Camp Prod Ist pfd 100 Van Camp Prod 2nd pfd 100 —Bank Stock*— Aetna Trust and Sav Cos 118 Bankers Trust Cos 133 City Trust Cos 150 Continental National 118% ... Farmers Trust Cos 240 ... Fidelity Trust 00... t 162 Fletcher American 172 175 Fletcher Sav and Trust C0...275 Indiana National Bank 264 263 Indiana Trust Cos 230 Livestock Ex Bank 162 Marlon County Bank 216 Merchants Nat Bank 325 Peoples State Bank 220 Security Trust Cos 275 State Savinas and Trust 100 Union Trust Company ......460 Wash Bank and Trust Cos ....161 —Bonds— Belt R R and Stockyards 45... 90 Broad Ripple 5s 80% ... Central Indiana Gas 6s 98 Cent Ind Power Cos 6s 103 Chi S Bend & N Ind 5s 10 Citizens Gas Cos 5s 104 104% Citizens St B R it 87 89 Gary St Ry 5s 89 91 Home T and Tof Ft. W 6s ...103'* ... Indiana Hotel 5s 100 Indiana Northern 5s 2 ... Ind Ry and Lt 5s 95 Ind Service Corp 5s 93 Ind Union Trac 5s 3 Indpls Col & South 6s 99 101 Indpls Gas Cos 5s 101 Indpls & Martinsville 6s ..... 81 Indpls Northern 5s 18 22 Indpls & Northwestern 5s .... 81 Indpls Power and Lt Cos 5s .... 97% 98y* Indpls St Ry 4s 68 70 Indpls Trac and Term 5s ... 95% 96% Indpls Union Rv 5s 101 Indpls Water 5%s 104% 105 Indpls Water Ist 5s 99 Indpls Water 4'js 97 Inflpls Water Wk Sec Cos 65... 98 Interstate Pub S 6s 104 Interstate Pub S Bs 6%s 105% ... N Ind Pub Serv Cos 5s 97% ... T H I & E 5s 88 T H Trac and Light 5s 98 Union Trac of Ind 6s 16 17'/* •Ex-dividend. —Liberty Bond*— 3'=* 101.52 101.68 Ist <fs 103.24 103.38 2nd 4%s 100.50 100.66 3d 4%s 101.10 101.24 Jth 49*5 104.04 104.16 u S Tr 4%s 114.00 114.12 U STr 4s 108.90 109.10 U 8 Tr 3%s 105.90 106.10 U S Tr 3%s 100.00 U S Tr 3=*s 101.00 101.22 —Sale*— 10 shares North Ind Pub service pfd.. 969**

Commis° : on Row

PRICE TO RETAILERS FRUITS Apples— New apples (40 lb.*.) Wealthy, $2.2503; Pearls. $2.5002.75; Gravenstelns. $3; Jonathans. $3.25: Grimes. $3: summer Rr.mbos. $3: Duchess. $201.50: Malden Blush. $2.5003. bananas—s®7c lb. Cantaloupes—lndiana, standard crates. [email protected]; flat crate, [email protected]; bll., $3 50 @ss. Grapes—Californio seedless. $1.3501.50: Malagas. $1.f0®1.75. Honeydew Melons—s2.soo3 Huckleberries—Michlgti. 10 qts.. $5: basket. $3. Lemons—California. $8,?9. Limes—California. $3 t*r hundred. Oranges—California V, lencias. crate. $3.7508 50. Peaches—Elbertas. $2,754 3: Hales. $3.25 bu. Pears—California Bartlevts. per box. $3®3.50. Plums—California, $202.25 crate; Damsons. $3.50 bu.: large blue. $3 bu. Prunes—ltalian, $1.15®1.25. VEGETABLES Bean—Stringless, [email protected] bu.. H. Q. lina. 35c lb.: Kentucky Wonders. 53@75c. Beets—H. G.. $1.50 bu. Cabbage—H. G.. 2%@3c lb. Carrotts—H G.. 35c doz.; bulk. 90c @ $1.25 bu. Cauliflower —Colorado, [email protected] crate. Celery—Michigan. Highball. [email protected]: Michigan bunches, 35®50c; flat crates. $1.1501.50. Corn—H. G.. 15®20c. Cucumbers—H. G.. 50065 c. Eggplant—H. G„ $2 0 2.25 doz. Garlic—California. 15c lb. Kale—H. G.. 65c bu. Lettuce—California, head. [email protected] crate; H. G. leaf. 15 lbs., 75c. Mangoes—Louisiana. 75c®$l hamper. Okra—Tennessee. 75cfe$l basket. Onions—Spanish. $2,250:2.50 crate: H. G. freen. 40c dozen; H. G. yellow Bermuda. 1 25 bu.: Ohio yellow. $2.25 cwt.: pickling. $1.50 (12 lbs.). Parsley—H. G.. 35c per bushel. Peas—Colorado, 50 lbs.. $6. Potatoes—Kentucky Cobblers. 150 lbs., $3.5003.65; Kansas Cobblers. 130 lbs.. $2.50; Early Ohlos, 120 lbs.. $2.2502.40. Radishes —H. G.. white. 35c; red. 35c: H. G. buttons. 40c doz. Rutabagas—Per bu.. $2. Sweet Potatoes—Virginia. $3.5004; Nancy Halls. *1.15®1.25 hamper. Spinach—H. G.. 75c bu.: broadleaf. $1.50 bu. Tomatoes— H. G. (hothouse). 30 0 65c. 15lb. basket. *101.75. Turnips—H. G.. *2.56. OFFICE IS RANSACKED Thieves Batter Combination From Safe; Nothing Taken. Thieves entered the office of Edgerton & Cos., 430 W. Thirteenth St., by breaking a window sometime between Saturday night and Monday morning, according to Ralph Edgerton, 4130 Guilford Ave., owner. The combination was battered from a safe and filing cabinet, and the office was ransacked. Nothing was taken. Martin Miller, 511 N. Delaware, reported to police the theft of S3OO from a hiding place in the basement of his restaurant. HELD AS CAR THIEVES Trio Accused of Beating and Robbing Taxi Driver. Identified as the men who held up Earl Ruley, 23, of 328 W. South St., near Cumberland, Ind., early Saturday, and took his money and taxi cab, Guy Dean, 23, and Donald Crump, 23, both of Uniontown, Pa., and Mrs. Marjorie Stevens Bell, 23, of South Orange, N. J., were arrested Saturday in Greenfield, Ind. Ruley, hired here to drive the man and woman to Arlington, Ind., was bound, gagged, robbed and thrown into a cornfield. DRIVES CAR FOR THIEVES Taxi Man Says He Is “Beaten Out” of His Fare. Albert Metcalfe, 519 S. Temple Axe., taxi driver, today told police a pair of auto accessory thieves “beat” him out of a taxi bill. Metcalfe picked up the passengers at West and Jones St. They ordered him to drive to a point where they stole a windshield from a parked auto. When they had completed their drive the passengers ordered the driver to go on without collecting his fare.

FIVE PERSONS ARE REPORTED MISSING Baby Left in Care of Absent Woman’s Aunt. Police were asked to search for fivemissing persons today. Mrs. Frances Jones, 20, left her husband at the Ohio Hotel and went to the home of an aunt for a visit, her husband said. She left their baby in the aunt’s care and left, he said. Daniel C. Haynes, 14, son of Dr. E. C. Haynes of Muncie, Ind., also is sought. Dr. Haynes said he believed his son, who left home last week, came here to the State fair and is afraid to return home. Norman Hayes, 18, of 1511 Dawson St., has beeen missing since last Friday. Thomas Tensley, 7, and his brother Marshall, 8, Negroes, 2450 Northwestern Ave., are missing. RETURNS CHECK FOR PAY RAISE Greencastle Legislator Cast Vote Against Increase. Since he opposed voting himself a pay raise of $4 a day during the last session of the Indiana Legislature, Senatol* Andrew W. Durham, Democrat, Greencastle, returned his check for $292 to State Auditor L. S. Bowman. In a letter to Bowman he explained his position, but the auditor refused to make the letter public until he had decided what to do with the check. The extra $4, made the legislative pay $lO rather than $6 a and was the street of litigation. The Supreme Court ruled that it was within the province of the Legislature to vote the extra pay, over-ruling the contention of Attorney General Arthur L. Gilliom that such proceedure was unconstitutional. During the session the law-makers were paid $6 and the $292 check represents the $4 additional both for the regular sessions and the Judge Dearth impeachment trial.

THE CITY IN BRIEF

Indiana Conference, Methodist Episcopal Churches. Irvington M. E. Church, all day. Mercator Club luncheon. Spink-Arms. Rotary Club luncheon, Claypool. Universal Club luncheon. Columbia Club. University of Michigan Alumni luncheon. Lincoln. Phi Gamma Delta luncheon. Chamber of Commerce. American Chemical Society luncheon. Chamber of Commerce. Purchasing Agents' Association luncheon. Chamber of Commerce. Allen Caub e, 6, of 1236 Tabor St., was slightly injured today when he broke away : rom his parents and ran into the path of an auto driven by the Rev. L. C. Minsterman, 1414 E. Kelly St., at Raymond St. and Garfield Dr. “Literature of the Bible” will be the subject of Franklin McCray at Central Indiana Christian Institute Wednesday night at Hillside Christian Church. Four hours after he was robbed of S2O at New York and Missouri Sts., William Payne, Negro, 847 W. Pratt St., reported the hold-up. He gave a description of the bandits, but failed to tell why he was delayed in making the report. Clarence Hawless, 17, of 1418 Eleventh St., was taken to city hospital Sunday night, overcome by heat. Hawless was standing in line at the ticket window of a theater, police said. Raymond Lucus, 9, 6571 Ashland Ave., was in city hospital today suffering a compound fracture of the left arm. He fell from a ladder on which he was playing at the home of friends, Sunday, police said. Mrs. Roe Landers, 1201 Broadway, and her daughter, Mrs. C. W. Owen, same address, were on their way home from church Sunday, they told police, when a thief leaped from an auto at Thirteenth ,;nd Byram St. and seized Mrs. Landers’ purse. Loot was $1 and a bank book. Police today were seeking Emery Jones, 19, of 1026 Collier St., who escaped from the detention ward at city hospital Saturday night. Jones was held at the hospital for vehicle taking and grand larceny. Because she had quarreled with her husbond before he went to work, Mrs. Clercy Wilson, 21, of 670 E. St. Clair 6t„ took a quantity of poison, police said. City hospital attaches said she would recover. While police were trying to locate a sister of William Kidwell, 15, of Columbus, Ohio, the boy was being cared for at the detention home here. The boy was found at the Terminal Station by police Sunday afternoon. Called to 307 Lynhurst Dr. on a report of a man seriously ill, Dr. E. T. Gaddy, 2602 W. Washington St., reported to police he was unable to find the address. Fearing a holdup plot he did not get out of his car because he saw three men in a large car parked at the curb. William Shipinsky, 29, of 1039 S. Illinois St., held by police on a charge of assault and battery with intent to kill. He is alleged to have attacked Sam Caplin, 25, of 949 S. Illinois St. Shipinsky argued with Caplin over some clothing in Caplin’s clothing store Saturday, police said. Caplin was taken to city hospital with a broken right arm. Mrs. L. L. Norton, 1321 N. Meridian St., reported to police Monday thta a $175 Swiss wrist watch was stolen from her arm while she was downtown Saturday afternoon. Taylor F. Short, 314 Spencer Hotel, told detectives today he left S2OO in a suit he sent to a cleaner, but the cleaner denied finding the money in the clothing.

OJliA'-L. 12.

ASSAIL SCHOOL CONDITIONS IN CITYJS PERIL Engineering Society Cites Fire and Health Insurance in Buildings. Attention again was called today to the poor housing conditions in Indianapolis schools in a report of the special committee of the Indianapolis Engineering Society. Many school buildings are firetraps, several have been condemned by the State fire marshal,, insanitary conditions prevail ln some schools, and many .-lessrooms have poor lighting arrangements, according to the report. In the Benjamin Harrison grade school, Delaware and Walnut Sts., the entire building; is a fire trap and the auditorium and third floor has been condemned, the report states School No. 6, 702 S. Cadou St., is called a fire trap and has bad daylighting. The auditorium on the third floor of school No. 16, Michigan and Neville Sts, is condemned School No. 80, Sixty-Third and Marion Sts., is said to be a fire trap and is over crowded. Conditions in thirty-six schools are generally poor, consisting for the most part in outside toilets, fire hazards, poor lighting, poor heating and improper placing of classrooms the report states. “In the face of the steady growth of the city’s population, her educational facilities have been falling behind...." due to “opposition from a-certain element more interested in tax reduction than in adequate school facilities,” the report says. “High school requirements are now beginning to be fairly met, bu* the grade schools are far behind legitimate demands, resulting in a menace to health and eyesight of the children, and a serious handicap against their proper care and effi cient instruction.” COP’S APOLOGY WONJY PAIR Officer Sorry He Drew Gun in Dispersing Crowd. Traffic Officer Norman L. Schoen apologized this morning in city court for drawing his revolver Saturday afternoon in an attempt to disperse a crowd in the 2000 block on E. Garfield Dr. He was transferred to another district by Police Chief Claude M. Worley. According to police, Len Zaiscr, 52, of 2219 E. Garfield Dr., and his son Roland, 20, were watching construction of a sewer when Schoen rode up on his motorcycle. When the two failed to “move on,” Schoen attempted to force them. A crowd gathered around the three during the struggle and Schoen drew his revolver. The spectators made the officer return his gun to the holster, and the two Zaisers were arrested on charges ol congregating and resisting an officer. Judgment was withheld on the Zaisers. Several weeks ago Schoen wounded a little girl while chasing an alleged speeder. A petition signed by more than one hundred south side citizens was left at Chief Worley’s office. It declared that they did not believe schoen was a fli, man for the polic'* force and asked at least his removel from the district. Funeral Directors ~W. T. BLASENGYM Main office. 2226 Shelby St. Drexel 2570. KRUEGER, WM. E. FUNERAL DIRECTOR. ..1402 N. Illinois St. Main 1154. Res., Bel. 3868-B I. George Grinsteiner Funeral director. 522 E. Market. Main 0808. J. C. WILSON; funeral parlors, ambulance service and modern automotive equlpment Dr. 0321 and Dr. 0322. BERT 8. GADD. 2130 PROSPECT ST. DREXEL 5307. UNDERTAKERS. HISEY & TITUS. 931 N. Delaware. LI. 8838. You Read the Want Ads— Hava you tried to use them? It’s easy—Call Main 3500. Ask for an Afl Taker. Lost and Found

ARTICLEB found on IndlantpolU street car* yesterday

5 umbrella*. 1 package. 1 lady’s sweater. 1 dress. 1 lady's hat. 1 raincoat. X Boston bag. 1 camera. 9 bunches key*. 1 purse. MAIN 3737. AIREDALE; large curly spade, lost. Rward. Hum. 1047. BAG —Purple beaded, lost either on 34th St., between Pennsylvania and Crown Hill cemetery or in cemetery, containing money, small purse. 2 pairs glasses and keys. Liberal reward. 4070 College Ave. Wa. 2153. BOSTON BLL—lnvalid child asking for pet; strayed three weeks ago. Main 6314, Reward. DOG—White; lost vicinity Hlrschell A?e. and Harding. Lin, 6016. Reward. FOX TERRIER, small black wire-haired. Please call Hu. 4955. Reward. HANDBAG—BIack; lost Monday morning between 7:30 and 8; airway manuals In bottom of bag; reward.- Main 4430. PlN—Kappa Alpha Theta; marked Eliza- _ beth Latman. Reward. Lin. 7311. _ POLICE PUP lost; 10 monthi old; black and gray; answers to name “Lady.” Call Main 5196. Reward. SAMPLE CASE—Leather; containing roof samples; lost 1300 block Relsner. Return 617 E. 19th. Har. 5718. Reward. SWEATER; boy’s, gray and black. Block's package. Reward. Cherry 7775. TRAVELING bag. black, lost, containing wearing apparel and Jewelry; keepsake from dead daughter. Please return to 2825 E. 31st St., or cal Rl. 1143. Liberal reward. WRIST WATCH, lady's Swiss, lost near Capitol Theater. Wed Eve. Rew. LI. 5088. Help Wanted—Male 3 or 4 young men who wish to connect with a company that recognizes honest endeavor. Good pav. short hours, pleasant work. For full particulars see Mr. Ott. 425 Peoples State Bank. BOYS with wheels. Applv POSTAL TELE~ GRAPH CO., 7 S. Meridian.