Indianapolis Times, Volume 39, Number 124, Indianapolis, Marion County, 1 October 1927 — Page 11

OCT. 1, 1927

WALL STREET BUYING SPURTS - MQSTOF LIST Ifimall Increase in Brokerage ' Loans Induces Action [ on Market.

Average Stock Prices

Average of twenty industrials Thursday was 194.80, up .69. Average of twenty rails was 140,05, up .37. Average of forty bonds was 98.47, up .06. Bu United Press NEW YORK, Sept. 30—The majority of stock exchange issues spurted today on short" covering and new buying induced by the small increase in brokerage loans when the Street had been expecting a rise variously estimated at $200,000,000. Canadian Pacific led the rail group, wit ha rise of more than 4 points. Houston .’an above 7 points and Dupont more than 5. Colorado Fuel advanced V-h points while a long string of industrials and rails made gains ranging from a point to 2 points. Among the conspicuous leaders in the rail group were Atchison, B. & 0., New Haven, and Erie, the latter mounting to new high ground above 67. Fuel Advances Mercantile issues forged ahead, as did motors and some of the oils. Losses were scattered, including a decline of nearly 4 points in Baldwin and a drop of 1M in C. & 0., both due to profit-taking. Shorts were given severe punishment in today’s session. Instead of the increase of SIOO,000,000 to $200,000,000 predicted in brokerage loans this week as a result of the new General Motors shares, the statement given out after Thursday’s close set forth a gain of less than $22,000,000. Rush to Cover This development caught the bear crowd in a badly over extended position. A rush to cover took place at the opening. Prices in pivotal speculative issues had sweeping advances. While a technical setback took place in the morning, the rally gained fresh momentum in the afternoon, carrying the leaders to prices which represented substantial recoveries from the recent lows. At the same time, active demand came into seasoned investment shares like Atchison, New York Central, B. & 0., American Tel. and Tel., Consolidated Gas, Union Carbide and American Radiator. Buying of these issues was the start of the reinvestment movement incident to the huge dividend and interest disbursements at the end of the month. These payments were in the neighborhood of $500,000,000 Wnri /the flow of funds into high JBpe stocks is expected to broaden Hn%he early days of October.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were. $3,406.000. Debits were $6,167,000. Clearings lor the month total $96,029,000; debits, $174,893,000. NEW YORK STATEMENT Bn United Press NEW YORK. Sept. 30.—Bank clearings, tl 181,000.000; clearing house balance, $114,000,000. FOREIGN EXCHANGE NEW YORK. Sept. 30.—Foreign exrhanse closed steady. Demand sterling, S4lefi* francs. 3.92 Vise, off .00%c; lira. 5 45V2C* up .00He: belga. 13.92 c; marks, 23.80 C; Montreal. 51.00109375. New York Liberty Bonds -Sept. 30- prev Close, close. ~ - 101.15 101.17 25 14 s . 100.24 100.29 4th 4%S 103 * 26 103 29 fgf :::::::::::: 151:1! 11l ?r 3%5. i05.24 ioe

In the Sugar Market

(By Thompson & McKinnon) NEW YORK. Sept. 30.—The chief Item of interest in today's sugar market was the publication of Dr. "Licht’s estimate of the European beet sugar crop. The actual figures corrected just before the close showed a total og 8,101,000 tons against 6,960.000 tons last year. These were somewhat in excess of expectations and caused a slightly easier feeling for a time, but the close was steady. Raws are not being offered below 3 cents cost and freight but it is thought that in some Quarters a bid of 2 31-32 cents might be accepted. RAW SUGAR PRICES High. Low. Close. January 2.97 2.95 2.96 March 2.88 2.85 2.88 May .. " 2.96 2.94 2.96 Jjl£ 3.04 3.02 3.04 Seutember 3.11 3.10 3.11 December 2.97 O' 2.94 2.96 Chicago Stocks —Sept. 30— Open. High. Low. Close. Arm Del pfd.... 87 Arm 111 pfd .... 63 3 ,4 ~ ... AutMrn Motor ..116 116 114% 115 Balban Katz ... 60 Lib McN Lib... 10% Middle West ..113 ... ... Swift &CO ... 126',a 137 1,28*4 127 Swift Inti 25 25 24% 24% Wriglev 62% 64 62V 2 63% Borg <fe Beck... 69% 70 69Vs 69% Illinois Brick... 4012 42 40% 41% J R Thompson.. 58% 59 58% 59 NEW YORK COFFEE RANGE —Sept. 30 — Close. January 12.90 March 12.86 May 12.78 July 12.72 September 12.63 j December 12.99 if New York Curb Market —Sept. 30—. HB ißd. Ask. American 18% 18% Lobos 1 IV2 SkWßjinental Oil 16% 17% Hfia Signal 7% 8% Oil 63 61% Oil of Canada 61 61% Oil and Gas 51 51% |HHe Pipe Line 181 % 182 Kansas 17 17% EaHßou Kentucky 121% 122 Nebraska 44% 45% Ohio 77 78 >2 Prod 23% 23% ■■creek Prod 28% 28% of Florida 23 25 Aero 43' • 3 4 ■■nt Motors Del 9% 10 Hlier J 4 4% ■■ Bond and Share 79-s 7~ /8 ■ Investors 41% 42 of Canada , 512 518 Company 34 37 Leather 3% 3% ■ El 57 74 Motor 14% 14% Serv com 49 4914 ■■s Serv Pfd 91% 91% Gas A 42 3 '. *■■■ gfsßnoa 41% 42%

New York Stocks

—By Thomson & McKinnon —Sept. 30 — Railroads Lo w. close . Atchison 192% io93' 19? i/. At Coast L 195 192’. 195 191% ■R Sr O 1213., 12014 121% 120 Can Pacific 193% onßii* C. & 0 206% 203*2 206% 2 “®,, C & N W 96V4 943/4 96 93*2 c’. R. & P 1987a 108 108% /4 Del & Hud .209V2 20o 3 4 209*2 205 Eel & Lack :::. 135 ; mu mu m Frie . . 69 3 ,4 65 Va 69 65 Eril ist pid' .... 6374 62*2 63% 62 var:::::loi*2 ! 01U iB&S 18k K C South 653,4 64*.s 65% 633/4 fcV&T *B* 4714 ll Mo I 10374 106 104 N Y Cen 168*4 164% 168 2 167 NY NH & H 5414 53% 53% 531. No Pacific 95 7 4 95 95>/s 95,4 Nor & W 190 U 18814 190 189 Pere Marq 134*2 ... 132 134 Pennsv Reading: 115 116_4 115 It Paul pfd 323.1 32*4 32% 32 % et TANARUS, fr c w 83 3 i 82 3 4 83 3 ,4 81 c* T c, a f 113*8 1123* 113 113*8 Wabash 30 .::':::: 1 T 8 w! Wabash pfd .... 96 3 a 95 96 94 4 Kttbbers — @i/_ pi'sk i 3 % ::: i% jo% Goodrich 84-3 821. M . §l% Goodyear 64 Kelly-Spg 297a 28 4 29 j 2 14, U S Rubber .... 5774 57 57,s 57 ASS*?::®? F 0.V.258 >4 254 U 25|U 2577. Sma c ..is;- 134/2 1 ;• * ?r2 p ::: ?! | Pullman 8281 82 2 80% Westh A B 47 s 47 47 /2 47 ,? Westh Elec 86 84 85*2 84/a

Bethlehem 61* 2 60 61*b 594 Colo Fuel 82 1 9 81 78 ? Crucible 8974 87.4 89 88.4 Gulf St Steel... 43% 42% 43% 42 Inland Steel ... 5174 50 51 50 PRC.&I 43% 42 4374 41% Rep Steel 64 ... 64 63 % Sloss Sheff ... 126 ... 126 ... U S steel 150% 147*8 1497 b 147 Allov 26*2 25 7 b 26 2 *0 /4 Vanadium 5372 52* a 53! 2 52 Amer l Bosch .. 23% 23V. 23% 2371 Chandler 20 ... 197. 20 Chrysler 57% 56% 57- 56 . Con Motors 107 b 10 10 . 10 Dodge 17 16*4 167. 1614 Gabriel 3871 38% 38*2 38 General Motor .267 263 265% 260 Hudson 80 78 T 9% 78 Hupp 18*4 .... 18 Jordan 187. i7% 18 17 ,4 Mack 10874 107% 108% 10774 Yellow Coach... 34 33% 3374 . 33 a Moon % Nash 9274 9214 9274 91% Packard 43% 42 *8 43 42 Peerless 2174 ■■■*' 2174 22 Pierce Arrow 9 7 a 9*2 9% 9 2 Studebaker 58 5774 57% 57* 2 Stewart Warner 72% 697 a 72*4 69*,2 Timken r 122*4 1175 a 12214 117 Willvs Overland. 16*4 1414 147 14% White Motors... 39*,2 39 39> a 39*2 Amer Smeltg ...173*4 170% 173% 1 52^ Anaconda 48 47 1 s 4774 47 Cerro De Pasco. 65 . . 64% 6574 Inspiration 1774 '1674 1 774 1 8 Int Nickel 71 69% 70*4 70 Kennecott 74 7374 74 73 Magma 427, 42 42% 42% Texas G and S.. 7574 7474 74% 7374 U S Smelting.. 40*4 39*2 4074 397 AUarf — Refg.... 122 12074 120*4 12074 Cal Pete 22*4 22 22 22 Freeport Texas. 81 80*,2 807s 79% Houston 166*4 161 163 138*2 Indpt Oil ' Marland C .... 35 74 34 5 / a 35% 34 s , a Mid C Pete ... 29 28*4 29 Lago 32*4 32*4 32*4 3274 Pan-Am Pete B 5174 5074 5174 5174 Pro & Refg.... 31 29 3074 29% Phil Pete -427s 41 7 4 4274 42 Union Oil 4274 ... 42 4274 Pure Oil 26 7 a 26*4 26*4 27 R'y’l Dutch ... 46*4 . 46% 4574 Shell 25*4 2574 25% 2574 Sinclair 1774 16% 1674 1674 Skelly 2674 26*4. 26*4 26*4 S O of Cal ... 53*4 53% 53*4 5374 S O Os N J... 40*, a 39% 407 a 39% S O Os N Y 31% 3174 31% 31% Texas Cos 51 7 4 51 51 74 51 74 Trans Pete 774 6% 7 674 Whi Eagle ... 23 Industrials— Adv Rumlv ... 10 5 4 ... 10*4 107 Allis Chaim 117*2 114*4 116 114 Allied Chem ...162*4 160*4 162*4 15974 Armour A 10 ... 974 1 0 Amn Can 63*4 6274 63> a 62 Am H-L 1074 ... 10 10 Am H-L pfd 5974 Am Safety R... 5174 50 5174 5074 Am Wool’ 23*4 2074 22% 22*4 Central L 1974 1974 1974 Coco Cola . 124*4 12374 124% 12374 Cost, Can 7374 7274 73 72 Cert Prods 48 4774 48 46 7 / a Dav chem .... 391 a 38>/„ 38% 38*4 Dupont 335*2 32774 33974 227% Famous PI 109 74 1 0774 109 107 Gen Asphlt ... 77 74*4 76% 7374 Int C Engr 49% ... 48% 49% Int Paper 6174 6014 60 % 61 Int Harv 225 233 224 22274 May D sta 80 79 80 79 Mont Ward ... 85*4 8374 85 83% Nat Lead 125 124 125 123 Owen Et 7674 7674 7674 76*4 Radio 65*4 64% 64 74 63 74 Real Silk 23*4 2274 23 74 23 Rem Type 34 7 / a 34 3474 3474 Sears-Roeb 7874 7774 77% 7674 United Drug ....17974 17674 17874 17574 Univ Pipe 26% 2574 26*% 2574 USC I P 2087., 20574 208 207 USIn AI 7774 .. . 7774 77 Woolworth 18774 18674 187 185% Utilities— Amer T & T ..179 175 177% 17574 Amer Express ..15814 154 74 157 1 54*4 Amer W W 7074 69 70 6874 Brklvn Man 5414 5374 5414 5574 Col Gs &El ... 9374 92% 92% 9274 Cons Gas 117% 118 119 118 Interboro 3374 33 33% 3374 Nor Amer Cos ... 5974 5874 59 58% Peoples G 16114 158 1 6074 158 Phila Cos 107% Std Gas and El 64% ... 64 64% West Union 161% 15974 161*4 160 Shipping— Am In Corn ... 52 74 51% 52 74 5174 Amer S & C 3% 3% 374 374 Atlantic G 33% ... 3374 33*4 Int M M pfd ... 3714 ... 3774 37% United Frt 145 143 145 143 Foods— Amer Sugar .... 93% 91 93 91 A B Sugar 18 Austin N 674 Beech N 59% 57% 59% 57 Cal Pkg 65! 2 ... 65% 65 Corn Prods 5974 59 74 5974 59 Cuba 8 pfd 3574 35 3574 36 Cuba A Sug ... 23 21% 23 2274 Fleischmann ... 63 74 6174 6374 61 Jewel Tea 69% 67 6974 66% Nat Biscuit .... 146 ... 146 146 Punta Ale 37 ... 37 36% Postum 121 11974 121 119% Ward Bk B .... 28 2674 28 26 Tobaccos— Amer Sumat 65% 6374 6474 64% Am Tob 153 151 % 153 150 Am T B 152 74 151 151% 150% Cons Cigars 8174 ... 81 81% Gen Cigars .. 7 Likeett 126 74 1 25*4 i25% 12574 Lonllard 40 3974 3974 39% g J Rsvn 149% 148% 149% 148% TObPB 967, 967 a 96% 9674 Un Cig Str .... 35 . . 3434 s *>47/. Schulte R S .... 53% 53 53% 53%

Commission Row

PRICE TO RETAILERS / , , „ FRUITS / a PPles (40 lbs.) Wealthy, iVJ5@2,25. Jonathans. $2.25*2.75; BaldSIJ5 l Jl s - *2; Lowells, $1.75; Grimes. $2.25* *2 7 76-'h'=r?^ nana 'i *3; Hyslop crabapples. Grimes $7 61 apples ' Jonat hans. $6.50*8; Bananas—s(g 6c lb. Berries—Cranberries. $6.50, %• bbl. t.S.^aloopes—lndiana, standard crates, bbi 75 $5 2 ' 75 ' flat crate - 75c ®*l: Tip Top. Grapefruit—lsle of Pines. $6.50*6.75. Grapes—California Tokays, $1.75; MichlC:a 2„ Con S ord ',; s , c ' 12 qts - : Malagas. $“75. Honeydew Melons—California, $2.50 cwt. Lemons—California. slo® 11. Limes—Jamaica. $3 per hundred. Oranges—California, crate, $4.75*9.50. Peaches—Elbertas. $ bu. Y S r K Bart lets, $3.50 a bu.; California Bartletts, per box, $3.75; Michigan Seckel. $2.75 bu.; Michigan Clairgeau. *3 bu.; California prickly, $1.50 box. pm™? n Vi? s C7 Japanese> $3 - 50 - H bublue^ Michigan Damsons. $4 bu.; large Prunes—ltalian. $2. one-half bu. _ , VEGETABLES Stringless, $1*1.50 bu.; H. G. lima, 30c lb.: Kentucky Wonders. 85c®$1. Beets— H - 0.. $1.35 bu.; 30c doz. Cabbage—H. G„ 2@3c lb. i9,? i T 0 * ; *' s —G.. 35c doz.; bulk. 90c@ 51.20 bu. Colorado. $1.90 crate. Celery—Michigan. Highball. 75c@$l crt.: Michigan bunches. 35® 50c; flat crates. $1 U 1.25. Celery Cabbage—[email protected] doz. Corn—H. G., 10®20c doz. Cucumbers—H. G., 35i®50c doz. Eggplant—H. G„ $2.25*2.50 doz. Endive—3sc doz. Garlic—California, 15c lb. Kale—H. G.. 65c bu. Lettuce—California, head. $3.75*4 crate: H. G. leaf. 15 lbs.. 75c. Mangoes—H. G., $1*1.25 bu. Okra—Tennessee. 75c*$I basket.' Onions—Spanish, $2.25*2.50 crate; H. G. green. 40c dozen: Indiana or Ohio vellow. $2 cwt ..; pickling. $1.25 (12 lbs.): H. G. yellow, $1.25 bu. Parsley—H. G.. 35c per dozen. Peas—Colorado. 50 lbs., $5. Peppers—Finger. 5 lbs.. $1.25.' Potatoes—Michigan. 150 lbs., $3.50: Minnesota Ohios. 120 lbs.. $2.35: Idahoes. lie lbs.. $2.75; Early Ohios. 120 lbs.. $2.50. Radishes—H. G.. white. 35c: red. 35c: H. G. buttons, 40c doz. Rutabagas—Per bu.. $2. Sweet Potatoes—Red Stars, $3.25 bbl. Spinach—H. G.. 75c bu. Tomatoes— H. G., 15 lbs., 40c; 75c*$l bu. Turnips— H. G.. *1.50 bu. Standards—s2.so Y galf ßß

PORK MARKET STEADY TOIO CENTUOWER Top Price Unchanged at $11.75, but Heavy Animals Drop. —Hog Price Range— Sept. Bulk. Top. Receipts. 23. 11.604T11.80 11.85 4,500 2s. ll.bUttll.BU 11 8d 3,DUO 26. [email protected] 11.85 6,500 27. II.6OGaU.VD 11.80 7.OUU 28. 11.60ti11.9U ll.au b.UUU 29. [email protected] 11.75 6.500 3U. 11.20U.11.VD 11. r J D.DUU —V Following close on the heels of Thursday’s drop, the Indianapolis hog market received a slight setback today at the union stockyards. The early sales were steady to 10 cents lower. The top was $11.75 on the hundredweight and the bulk prices ranged from $11.50 to $11.75. Receipts were estimated at 5,500 with 837 held over from Thursday. The Chicago market opened slow around steady with about 11,000 received and 10,000 held over. * Hog Price Range The drop was particularly noticeable in animals weighing 250 pounds upward, the price ranging $11@1165. Pigs were unchanged, 120-130-pounders going to $8.50® 10 and animals in the 130-160-pound class for slo® 11.25. Material weighing 160-200 pounds brought [email protected] and 200-250 pounds, $11.25011.75. The cattle market was steady to strong with about 900 received. Beet steers advanced to a range of $11.50 @16.10. Other classes were unchanged. Beef cows went at $6.75 @ 9, low cutters and cutter cows at [email protected], and bulk stock and feeder steers, [email protected]. Calves, Sheep Steady The calf market was unchanged. Top vealers brought $16.50@ 17.50 and heavy calves, $6.50® 10. About 600 were received. Sheep and lamb receipts approximated 500. The market was unchanged. Top fat lambs were $13.50. Bulk fat lambs were sl2® 13; bulk cull lambs, [email protected] and fat ewes, $4.50 @6.50. —Hogs— Receipts. 5,500: market, steadv to lower. 130-122 !5 S [email protected] 109-200 lbs [email protected] lbs [email protected] 250 lbs [email protected] —Cattle— Receipts, 900; market, steady to strong. Beef steers [email protected] Beef cows .... e.75@ 9.00 Low cutters and cutter cows.. 4.25@ 550 Bulk stock and feeder steers.. 7.25® 8.75 —Calves— Receipts. 500; marine strong to higher. Vealers [email protected] Heavy calves [email protected] —Sheep and Lambs— Receipts. 600; market, steadv. Top fat lambs sl3 56 1 ? mb u s [email protected] Bulk fat lambs $12.00@ 13.00 Fat ewes 4.50® 6.50

Other Livestock Bu United Press , 55? ic AGO. Sept. 30.—-Cattle—Receipts, 3™o. fed steers scarce, steady; choice to n sn S ’ f ct } ve> f ew- loads. sl2 down to $9.50; stockers and feeders steady, most s^i n stoc^ ers -, *7-75<@8.75; better grades, s9<fUo: she stock steady to easy; bulls unchanged: vealers. mosllv 50c lower, big packers stopping at sl6, few to outsiders Sheep-—Fat lambs, active, fully stead, bulk, good to choice rangers, sl3 75 @l4; good western lambs from strings parrying long feeder end eligible at around, $13.50: native lambs. [email protected], most sales $13.50; 110-130 lb. buck lambs, sll@ 11.50, culls, [email protected]; sheep, steady* most fat ewes. [email protected]; best higher Seeding lambs, unchanged; bulk medium ahnv t *i4 on 3 fi 13 ' 6 i o: P boice lightweights ab ?J e .. Jl3 ' 9o: , he P vles down to $12.50. Hogs —(Soft o roily hogs and roasting pigs exI—Receipts. 11,000; market, unevenly 10@25c higher; heavyweight. 250-350 lbs., medium to choice, [email protected]* mediumwelght, 20071250 lbs., medium to choice, [email protected]; lightweight. 160-200 lbs., oemmon to choice. $9.50011.25; packing sows smooth and rough, s9<®lo ls* cho U i!e.^ le *B.#| , fo.2s!' lSo lbS " mCdiUm ' Bn Times Soecial 1 iiOfffSVILLE, Sept 30.—Hogs—Receipts. 1.200 market steady; tops. $11.75. Cattle—Receipts 200; market steady; calves, receipts, 300; market steadv; good to choice. $12_50@15; medium to good, s9@ 11; outs. $9 down. Sheep—Receipts, 100* market steady; mixed lambs, sl2; ewes 80a wethers, $12.50; seconds, $7; sheep, By United Press •> PITTSBURGH, Sept. 30.—Hogs—Receipts, 2,500; market active, steady to 15c off* 250222 iSS- *ll*6o@l2; 200-250 lbs. $12@12 35* sl2- 2 [email protected]; 130-160 lbs.', sll.lsp@ 12.35; 90-130 lbs.. $11.25@ 7 1 50* packing sows, [email protected]. Cattle—ReJ?A P r t 2v-^2 : e,? alves *, receipts 50; beef steers. $10.50@ 12.50; vealers. [email protected]. Sheep —Receipts;- 1,300; market steady; top fat lambs. $14.25; bulk cull lambs. sß® 10. By United Press TOLEDO. Sept. 30.—Hogs—Receipts. 400; market steady; heavies, $10.50@11; mediums, [email protected]: Yorkers. [email protected] pigs $8.75® 10.50. Cattle—Receipts, 400; market steady. Calves—Receipts light: market steady. Sheep and lambs Receipts, light; market, 25@50c off. Bn United Press EAST BUFFALO, Sept. 30.—Hogs—Receipts, 5,500; holdovers, 482; market, weak to 25c down: 250-350 lbs. [email protected]; 200250 lbs.. $11.75012.35,* 160-200 lbs., $11.65@ 12.15* 130-160 lbs., [email protected]: 90-130 lbs., sll @1.50; packing sows. [email protected]. Cattle—Receipts, 2500. Calves—Receipts. 700; market, steady; sloti* calves, steady; vealers. sl7® 17.50. Sheep—Receipts 2.500; market, 25c down; bulk fat lambs. [email protected]; bulk cull lambs, *[email protected]; bulk fat ewes, $5.50 06.50. By United Press CINCINNATI, Sept. 30.—Hogs—Receipts, 3.900; holdovers. 1,988: market steady: 250£f",v sll f^ 2 icl°. o - 250 lbs ** *ll-75012: 160-200 lbs.. *11.25® 12: 130-160 lbs., *10.75 9 ®' l3 ® lbs.. $8010.85: packing sows, S9OIO. Cattle—Receipts. 600; calves, receipts, 400; market steady to 50c down: veals 50c up; beef steers, s9@l2: light yearling steers and heifers. s7@l2; beef cows, *608; low cutter and cutter cows. $4.2505.25; vealers, sl2® 16; heavy calves. *IOO 12.50; bulk stock and feeder steers, $8 @9. Sheep—Receipts. 1.850: market, lambs weak to 25c down: top fat lambs, *l4: bulk fat lambs. *11@14: bulk cull lambs. *7®9; bulk fat By United Press EAST ST. LOUIS, Sept. 30.—Hogs Receipts, 9,000; holdovers, 2,587; market weak to 10c lower; 250-350 lbs., *10.60 011.50; 200-250 lbs.. $11.35® 11.85; 160-200 lbs., $11.40011.75; 130-160 lbs., $10011.50; 90130 lbs., $9010.50; packing sows, $909.85. Cattle—Receipts, 1,000. Calves—Receipts, 600; market nominally steady; beef steers, $10.50 0 12.50: light yearlings and heifers, $7.75011; beef cows. $6.2507.25; low cutter and cutter cows. [email protected]: vealers. $16.25016.50; heavy calves, $7.50 0 9.50* bulk stock and feeder steers, $6.75 0 9.40. Sheep—Receipts, 1,800: market steady to 25c lower; top fat lambs, $13.50: bulk fat lambs, $13.25; bulk cull lambs. $8.50; bulk fat ewes. $4.50 0 5.50. By United Press CLEVELAND, Sept. 30.—Hogs—Receipts. 2,000; market steady to 15c up; 250-350 lbs., $11012.15; 200-250 lbs.. [email protected]* 160-200 lbs.. $12012.15; 130-160 lbs.. $11.25 012; 90-130 lbs.. $10.75011.25; packing sows. $9.25010.50. Cattle—Receipts. 250; calves, receipts. 200; market dull, weak; beef steers. $8 0 8.50; beef cows. S6O 7.50low cutter and cutter cows. $3.7505; vealers. $16018: heavy calves. $13016. Sheep —Receipts, 7 l.ooo: market steady, weak: top fat lambs. *14.50; bulk fat lambs, sl4® 14.25; bulk cull lambs. $10011; bulk fat ewes, $506,50.

Local Wagon Wheat

Local grain elevators are paving $1.25 for No. 2 red wheat. Other grades are purchased on th'.ir merits.

THE INDIANAPOLIS TIMES

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Sept. 30.—The cotton market was nervous this morning and repeatedly sold above and below Thursday nights closing prices. Two private reports on the crop appeared. One made the crop 13,600,000 the other 13,200.000. Two other estimates will be published Saturday and are expected to be as bullish as those published today are bearish. Aside from the unusual uncertainty of a prebureau market we think there is a noticeable let up in the trade buying of contracts and note the fact that to an unusual extent advances in the market need considerable news of a bullislj chaiacter either to produce or maintain them. We recommend a traders attitude until a clearer light can be obtained on the situation. NEW ORLEANS High. Low. Close. January 21.73 21.25 21.73 October 21.44 21.00 21.45 December 21.69 21.15 21.68 NEW YORK High. Low Close. January 21.65 21.18 21.65 March 21 88 21.45 21.83 May 21.09 21.62 22.08 July 21 96 21.56 21.96 October 21.29 20.87 21.29 December 21.60 21.13 21.60 CHICAGO High. Low. Close. January 21.90 21.31 21.90 March 22.14 21.50 22.14 Mav 22.20 21.80 22.20 July 22.10 21.70 22.10 October 21.60 21.10 21.60 December 21.84 21.24 21.83

Produce Markets

Butter (wholesale price)—Top grades, a pound. 46050 c. Butterfat (buying prices)—4s 0 47c lb. Eggs—Strictly fresn delivered at Indianapolis. 32@*33c (loss off). Poultry (buying prices)—Hens. 20 0 22c. Leghorn hens. 13016 c: springs, 20@ 22 c; roosters. 10012 c; turkeys, hens, 20@25c; young toms. 200 25c: old toms. 15@20c, ducks, 12015 c; geese. 8010 c; guineas, young. 50c; old. 35c. Bn United Press CHICAGO, Sept. 30.—Butter—Receipt*, 7.238; extra firsts, 43%@44%c; standards, 43%c; firsts, 39@40%c; seconds, 76@38c; extras. 46c. Eggs—Receipts, 6,--',; ordinaries. 25@30c: firsts. 32@35c; seconds, 20® 23 %c. Poultry—Receipts, 6 cars: fowls, heavy. 24%c; small, 16c; springs, 24c; ducks, heavy, 19@21c; small, 17c; geese, 14@19c; turkeys. 25c; roosters, 15c. Cheese —Twins. 25%@25%c; young Americas, 26%c. Potatoes—Arrivals. 142 cars; on track, 415; in transit, 1.316; Wiscon : sin sacked round white antigos, $1.75® I.Bo* Central Wlsconsins, $1.5001.65; Minnesota and North Dakota sacked round whites, *1.5001.65; sacked Red River Ohios. $1.6001.70* Idaho sacked russets, $1.7501.90: Baker russets, *2.10: Idaho sacked rurals, *[email protected]. Sweet potatoes—[email protected]. Bn United Press CLEVELAND. Sept. 30.—Butter, in tubs, extras, 49@51c; firsts, 46@47c; seconds. 40@41c; packing stock. 28c. Eggs—Extras, 42c; extra firsts, 39c; firsts. 33c; ordliMry, 30c; pullet firsts, 23c. Poultry—Fowls, 26c: Leghorn lowls 16017 c; heavv springers. 26 @27c; Leghorn springers. 23®24c: cocks, 15@17c per pound, duuks, 18@20r. Potatoes—Maine, 150 lb. sacks. $3.35 0 3.50. Ohio round white, $.325; Michigan. $3 25; New York. $3.25; Wisconsin and Minnesota, [email protected]. * Bu United Press NEW YORK, Sept. 30—Flour—Dull but steadv. Pork—Firm: mess. $33. Lard Steadv; Midwest spot. *12,65012.75. Sugar —Raw dull: spot 96 test delivered duty paid. 4.74 c: refined dull; granulated. 5.80 @6.10c. Coffee —Rio No. 7bn spot. 13@% 14c: Santos No. 4, 19%@19%c. TallowQuiet: special to extra. B@B%c. Hay Weak: No. 1. *1.10: No 3. 85@95c; clover. 80c@$1.05. Dressed poultry—Quiet: turkeys. 20@60c; chickens, 20 0 39c; broilers, 22@29c; capons, 30@46c: fowls. 14@32c: ducks. 18@23c; Long Island ducks, 24® 25c. Live poultry—Steadv: geese. 20c; ducks. 20030 c; fowls, 20030 c; turkeys, 30c; roosters. 15c; chickens, 16@28c. Cheese—Firm; State whole milk fancy to specials. 26 %® 28 %c; Young Americas, fresh. 27 %c. Potatoes—Long Island. *1.75 @4.60: Jersey. $4.25@4 60; Maine. *2.600 3.40. Sweet—Jersey, baskets, 50c@*1.75; southern, barrels. $1.75 0 2.50: southern, baskets, 90c®51.13. Butter—Steady: receipts. 11,168: creamery extras, 48%@49c; special market. 49%@50c. Eggs—Firm; receipts, 21,263; nearbv white fancy, 62® 68c: nearby State whites. 39@61c; fresh firsts. 35®38c: Pacific coasts. 44@66%c; western whites. 35046 c

Indianapolis Stocks

—Sept. 30— —Stock*— Bid. Ask. Amer Central Life 675 Amer Creosoting Cos pfd 101% ... •Belt R R com 66% 69 Belt R Rpfd 68 Cmt Ind Power Cos pfd 91% 92% Cities Service Cos com 49 50 Cities Service Cos pfd 91 92 •Citizens Gas Cos com 56% 57% Citizens Gas Cos pfd 106 .... Commonwealth Loan Cos pfd...100 ... Equitable Securities Cos com.. 51 •Hook Drug Cos com 29% ... Indiana Hotel com 125 Indiana Hotel pfd 101 Indiana Service Corp pfd 84 Indianapolis Gas com 60 ... •Indpls & Northwestern pfd.. 58 •Indpls P & L 6%s pfd 100 100% Indpls P & L 7s pfd 99% 102% Indpls Pub Wei Ln Assn 47% ... Indianapolis St Ry pfd 37 •Indpls Water Cos of a 103 Indpls Water Wks Sec Cos 98 Interstate P S pt lien pfd... 102 105 Interstate P S 6s pfd 84 Merchants Put U„U pfd 100 North Ind Pub Service pfd.. 96 100 •Progress Laundry com 24 Rauh Fertilizer p.'d 60 Real Silk Hosiery pfd 85 T H I & E com 1 T H I & E pfd 24 T H Trac & Lt Cos pfd 91 97 Union Trac of Ind com % Union Trac of Ind Ist pfd.. .. 2 Union Trac of Ind 2d pfd ‘/a Union Title Cos com 85 Van Camp Pack Cos pfd 4 Van Camp Prod Ist pfd.... 96 Van Camp Prod 2nd pfd 100 —Bank Stock*— Aetna Trust and Sav Cos 118 ... Bankers Trust Cos .J4O City Trust Cos .150 Continental National 118% ... Farmers Trust Cos 240 Fidelity Trust C 0... 182 ... Fletcher American 175 ... 'Fletcher Sav and Trust C0...275 Indiana National Bank 265 267 Indiana Trust Cos. 232 Livestock Ex Bank 162 Marion County Bank 216 Merchants Nat Bank 327 Peoples State Bank .....225 Security Trust Cos 275 State Savings and Trust 100 Union Trust Company 460 Wash "Bank and Trust Cos ....162% ... —Bonds— Belt R R and Stockyards 45... 90 Broad Ripple 5s 80% 82 Central Indiana Gas 6s 98 Cent Ind Power Cos 6s 102% ... Chi S Bend & N Ind 5s 5 Citizens Gas Cos 5s 104 104% Citizens St R R 5s . 87 89 Gary St Ry 5s 89% 91% Home T & T of Ft W 6s 103% ... Indiana Hotel 6s 100 ... Indiana Northern 5s 2 Ind Ry and Lt 5s 95 Ind Service Corp 5s 97% 98% Ind Union Trac 5s 3 Indpls Col & South 6s 99 101 Indpls Gas Cos 5s 101 Indpls & Martinsville 6s 81% ... Indpls Northern 5s ...- 18 20 Indpls & Northwestern 5s 81% Indpls Power and Lt Cos 55....- 97% 97% Indpls St. Ry 4s 67 68 Indpls Trac 65 Term 5s 95% 96% Indpls Union Ry 5s 101 Indpls Water 5%s 104 105 Indpls Water Ist 5s 99 100% Indpls Water 4%8 97% ... Indpls Water Wk Sec Cos 65... 99 Interstate Pub S 6s 104 Interstate Pub SBs 6%s 105% ... N Ind Pub Serv Cos 5s 98 T H I & E 5s 89 T H Trac and Light 5s 99 Union Trac of Ind 6s 14% 17% • Ex-dividend. —Liberty Bonds—--Ist 101.30 101.50 Ist 4%s 103.20 103.40 2d 4%s 100.10 100.38 3d 4%s 100.62 101.84 4th 4%S 103.80 104.00 USTr 4%s 113.80 104.00 U S Tr 4s 108.90 109.92 U S Tr 3%s 105.90 106.10 U S Tr 3%s 101.50 101.70 U S Tr 3%s 99.50 100.00 —Sales—--10 shares Van Camp Prod Ist pfd.... 96 FIRE PREVENTION WEEK DESIGNATED BY DUVALL Indianapolis Fire Prevention week has been set for Oct. 9-15, by proclamation of Mayor John L. Duvall. The move to cut fire loss here coincides with the national campaign. “Our national fire loss is a source of economic waste, and elimination of even a portion of this waste adds directly to the wealth, prosperity and progress of a community,” said Duvall. The pyblic will be given facts and figures concerning fire waste during the week by the Fire Chief and the Fire Prevention Bureau.

ALL MARKETS NERVOUS WITH TODAHCLOSE Grains Mostly Below Figures of Thursday at Chicago. Bn United Press CHICAGO, Sept. 30.—Trade in September grain futures ended at today’s session on the Chicago Board of Trade, and all markets were decidedly erratic in consequence. Wheat closed % cent higher to 2Vi cents lower than Thursday’s figures; corn V 4 cent higher to V 4 cent lower; and oats V* c to 1 cent lower. Wheat was nervous and below the previous close most of the day, although the deferred futures rallied near tne close. The September was sharply lower. Weak cables, and increased hedging pressure resulting from crop movements in Canada and the American Northwest were bearish factors, offsetting the bullish effect of unfavorable Ca; nadian weather. Receipts were 29 cars. Casli wheat was unchanged. Corn opened lower due to loss of strength in the September, but a rally occurred before noon when buyers found offerings limited. Prices showed gains until the last hour. Receipts were 69 cars. Cash corn was unchanged. Oats were quiet and erratic in a narrow range. Receipts were 79 cars. Cash oats were Vi cent lower. Provisions closed higher. Chicago Grain Table —Sept. 30— Bn United Press WHEAT- Prcv. Open. High. Low Close, close. Sept.. 1.21% 128 125% 1.25% J* 2 **' Dec... 1.30% 130% 130 1.30% 1.30% March 1.34 1.34 1.33% 1.33% 1.33% Sep? RN l>o% .92% .90% .91% .91 Dec... .94*4 March .97*• .99 .97?* .98 .98 a Sept A : r& 747 7 , .48*8 .47 .47 ' .48 Dec... .48% 49 48% .48% -48% March .50% .51 .50% .50% .50;* LARD — Sept. 12.15 12.32 12.15 12.22 12.19 Oct.. 12.15 12.32 12.15 12.22 12.15 Jan.. 12.95 13.05 12.90 12.95 12.85 Sept lßS lTss 11.85 11.85 11.85 11.85 KYE— Sept.. .95 1.00 .95 .95 .96 Dec... .96% .96% .95*4 .95% .95% March 1.00 1.00 .99% .99% .99% Bn limes Special CHICAGO. Sept. 30.— Primary receipts: Wheat. 3.424,000 against 1,466.000; corn, 357,000 against 586.000, oats. 518,000 against 411,000. Shipments—Wheat, 2,936.000 against 1,182.000; corn, 611.000 against 880,000, oats, 468.000 against 236,000. Bn Times Special CHICAGO. Sept. 30.—Carlots—Wheat, 35; corn, 160; oats, 65; rye, 6. —No. 2 hard, *1.30%@1.30%. Corn—No. 2 yellow. 96c; No. 3,94 c; No. 4, 92@92%c; No. 5,88090 c; No. 6. 87%G89c; No. 4 mixed, 90c: No. 5,89 c; No. 6,88 c; No. 5 white, 88 %fa 89c; No. 6. 84®87%c; sg. white. 8408714 c. Oats—No. 2 white, 50 % ® 53c: No. 3, 48® 51c: No. 4, 47@50c. Barley—7s®>Bßc. Rye—No. 2. 98c. Timothy—--52.7003.45. Clover—*lß [email protected]. TOLEDO. Sept. 30.—Wheat—No. 3, *1.35 @1.36. Corn—No. 3, 9714® 98%c. RyeNo. 2. $1.04. Oats—No. 2. 54055 c. Clover —Cash, imported. *13.75; October *15.85; December. *l6; December, imported, *13.75; March. $16.20. Timothy—Cash. *1.60: December. $1.65; January, *1.85. Alsike—Cash, $14.80; December. *14.85: January, *15.0i. Butter—46@49c. Eggs—34@36c. Hay—*2s.

Cash Grain

The bids for car lots of grain at the cell of the Indianapolis Board of Trade, f. o. b. basis 41 %c New York rate, were: Wheat—Steady: No. 2 red, *1.2901.31: No. 2 hard. $1.2601.28. __ Corn—Steady; No. 3 white. 88 0 91c; No. 4 white. 86 0 88%c: No. 3 yellow. 89091 %c; No. 4 yellow. 86@88%c: No. 3 mixed, 86% @BB%c; No. 4 mixed, 84%®;86c. Oats —Steady: No. 2 white, 47@48%c; No. 3 Hay—'Weak® No’. 1 timothy. *13.50014: No. 2 timothy. *12.50013; No. 1 light clover mixed, *13.50 0 14; No. 1 ciover mixed, *l3 @13.50; No. 1 clover hay. [email protected]. —lnspections Wheat—No. 2 red. 1 car; No. 1 mixed, 1 car; No. 3 mixed. 1 car; No. 5 mixed. I car. Total, 4 cars. Corn—No. 3 white. 2 cars; No. 5 white. 1 car: No. 6 white. 1 car; sample white, 1 car: No. 4 yellow. 3 cars; No. 5 yellow. 2 cars: No. 6 yellow, 6 cars; sample yellow, 1 car: No. 3 mixed, 1 car. Total, 18 cars. Oats—No. 2 white. 5 cars: No. 3 white. 5 cars; No. 4 white. 1 car; sample white, 4 cars. Total, 15 cars. JUDGE SHOT IN COURT Bullets Fired by Widow Strike Federal Jurist. Bu United Press SALT LAKE CITY, Utah, Oct. I.—Federal Judge Tilman D. Johnson was shot twice in the leg as he opened his court here Friday and Mrs. Eliza Simmons, who recently lost a SIO,OOO damage suit in the court was arrested and charged with the assault. Mrs. Simmons, a widow, was seated in the front row of the courtroom with other spectators when Judge Johnson entered and took the bench. She, with other spectators, rose. Then, witnesses said, she stepped forward,* revolver in hand, and fired four times. Two bullets struck the jurist’s right leg. Bailiffs wrested the gun from her and arrested her.

AT TWO THEATRES TODAY Band Box Opp. Terminal Rialto Illinois and Kentucky avenue Continuous from 9 A. M. Official TUNNEY DEMPSEY Fight Pictures At Soldiers’ Field, Chicago Shows Slow Motion Pictures of Seventh Round Knockdown WAS TUNNEY KNOCKED OUT ■ Entire Fight from Start to Finish Greatest Sport Spectacle of All Time COME EARLY FOR SEATS

Home Wrecked by Dog

When Mrs. Mary Haglage of Kansas City, Mo., demanded that her husband, Walter F. Haglage, wealthy furniture man, choose between her and his dog, he chose the dog, her divorce petition charges. One day he drove with her and the dog to the home of his parents and left her outside in the automobile while he and the dog went in for a visit, according to her complaint. Mr. and Mrs. Haglage and the dog are pictured above.

DISMISS CO-ED JURY Unable to Agree on Verdict in Arson Case. By United Press COURTROOM, GEORGETOWN, Texas, Oct. I.—Unable to agree on a verdict, the jury in the arson trial of Rebecca Bradley Rogers, was discharged by Judge Cooper Sansom, Friday. The jury was reported to have stood nine for conviction and three for acquittal. It had deliberated since 4 o’clock Thursday afternoon. AIDED 26 ROBBERIES Raymond Bell, 19, Indianapolis, Confesses. By United Press * MUNCIE, Ind., Oct. I.—Participation in twenty-six robberies in Ohio and Indiana was confessed here Friday by Raymond Bell, 19, Indianapolis, Muncie police announced. Bell, one of three Indianapolis youths arrested here early Wednesday morning while attempting to rob a filling station, was the only one of the three that had been questioned early this afternoon. Elmer Andres, 20, was said to have been identified Thursday night as the murderer of George Yeager, Cincinnati, Ohio, a night watchman. Bell is accused of being an accomplice in the shooting. The other member of the trio, Ralph Richardson, 23, was not implicated. TUNNEY PAYS FOR PAINT Bu United Press NEW YORK, Sept. 30.—St. Veronica’s Catholic Church rectory in Greenwich Village will have anew coat of paint, paid for out of a SI,OOO contribution made by Gene Tunney. Tunney mailed the check to the Rev. Patrick H. Drain, the pastor, telling him to “help the church in any way you see fit.” The pastor decided on the paint.

EASIER TERMS on ItlillerTires SCARED nTDrTH£‘RGAD and BATTERIES Get ready for the winter —prices are lower now and payments are easier. Open an Account Today SI§.TR!S ” smith muhmm ft Meridian at South Open Evenings and Sundays

MEW MEN’S APPAREL STORE OPENS IN CITY Opening of anew clothing store Saturday, handling men’s apparel exclusively, at 213 Massachusetts Ave. has been announced by W. C. (Billy) Gambrel and Charles Birdsong. The new store will be known as the Birdsong & Gabrel Clothes shop. The two proprietors were connected with C. C. Hauger & Cos. clothing stores heres or twenty-one years and have a wide acquaintance in retail clothing circles. A complete line of specially priced men’s clothing has been placed in stock ready for the opening Saturday. The shop will be modern in every detail. Valuations AnnouncedBn United Press WASHINGTON, Sept. 30.—The Interstate Commerce Commission today announced a final valuation on the Rutland Railroad of Vermont as of 1917 of $21,025,000. The commission announced a final valuation on the Colorado & Wyoming Railroad as of 1918 of $3,316,423.

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PAGE 11

COOLIDGE AND CALLES TALK ONNEWPHONE President Opens Service Between Washington and Mexico City. By United Press MEXICO CITY, Oct. I.—Regular telephone service between Mexico City and Washington, D. '-p., 3,000 miles, was established Friday*. The first linking of the two nations by telephone occurred late yesterday, when President Calles of Mexico and President Coolidge exchanged greetings. Two hundred persons in the Salon Des Ambassadors heard President Coolidge’* voice distinctly, and after that the voices of Acting Secretary of State Carr and Mexican Ambassador Tellez, aU speaking from Washington. Hear Army Band A few minutes later the guests in the National Palaco, heard the United States Army Pand play the Mexican national anthem, ther the Mexico City Police Band, outsida the palace in the patio, played the "Star-Spangled Banner’’ for tho Washington listeners. Seated at long tables with individual earpieces, the guests in the Salon Des Ambassadors first heard Pan-Union Director Rowes at Washington say: “His Excellency, the President of the United States desires to speak to his Excellency, the president of Mexico.” "He’s on the wire,” then came from the Mexican end of the wire. President Ooolidge’s greeting in English was translated into Spanish and President Calles greeting in Spanish into English. Hopes for Better Relations Calles expressed the hope that the new telephone line would mean closer relations between individuals of the two countries as well as between the two governments. Other speakers at -the Mexican end were Acting Foreign Secretary Estrada and American Charge d’Affaires Schoenfeld. It is understood the ceremony was carried out the same in Mexico City as in Washington except that caviar and champagne were served here afterward. MORROW QUITS MORGAN • New Envoy to Mexico Severs Connections With Banking House. By United Press NEW YORK. Oct. I.—Dwight W. Morrow, recently named minister to Mexico by President Coolidge, Friday severed his connection with J. P. Morgan & Cos. He had been an important partner in the House of Morgan for many years. Announcement of his retirement was accompanied by the word that he would leave for Mexico City to assume his duties thcro about Oct. 10. \

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