Indianapolis Times, Volume 39, Number 136, Indianapolis, Marion County, 15 October 1927 — Page 12

PAGE 12

STOCKS UNABLE TO HOLD EARLY LEADJNCLOSE Money Rates Tighten; Final Prices Irregular in N. Y. Session.

Average Stoek Prices

Average of twenty industrials Thusday was 150.45, up 1.16. Average of twenty i ails was 140.83, up 1.43. Average of forty Londs was 98.65, off .09. Uu United Press NEW YORK, Oct. 14.—The stock market today was unable to maini ?.in an early advance and closed irregularly. Pivotal shares dismayed earlv si'niv&th with Steel and Cieneral Motors leading, but money rates stiffened and irregularity resulted. Steel sold about a point under the previous close, but General Motors ended the day with a gain. Some of the special issues like Underwood, Lambert, Internation Nickel and Loews, Inc., continued their upward movement. Railroad shares were about steady. New York Central lost fractionally, but C. Si O. gained and Canadian Faciflc held steady. Hudson gained fractionally. Other motors were in fair demand. Stocks started out strong today and held their gains in good style, in spite of an advance in call money to 4Vs per cent from the renewal late of 4 per cent. This tightening was due to the week-end requirements coming at a time when banks were preparing for a $140,000,000 in Government interest payment tomorrow. Professionals made a vigorous drive on pivotal industrials following up of the demand rate. This attack made little headway. Last year at this time call funds reached s!l> per cent just before the Oct. 15 settlement. With loans a full 1 per cent lower this year, it proved difficult to work up bearishness on credit conditions. Steel and- General Motors# displayed the most impressive resistance to professional assaults. Their stubborn opposition to attempts on the down side kept bullish activities alive in various individual issues. Merchandising shares were again in favor.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank cleavings today were $3,832,000. Debits were $5,521,000. NEW YORK STATEMENT Bil United Press NEW YORK, Oct. 14.—Bank clearings. $1,294,000,000; clearing house balance, $132,000,000; Federal Reserve Bank credit balance. $131,000,000. FOREIGN EXCHANGE Bn United Press NEW YORK, Oct. 14.—Foreign exchange closed steady. Demand sterling, $4.86%, off l l-16c; francs. 3.92 5-16 c, off .00 1-16; lira, 5.46%c; Belga, 13.92 c; marks, 23.86 c, up .00%; Montreal. $1.00125. ALL GRAINS IN NARROW RANGE IN TRADING PIT \ Bit United Press CHICAGO, Oct. 14.—A1l grain futures worked in a narrow range at today’s session on the Chicago Board of Trade. Wheat was a little above the previous close late in the day, and corn and oats were slightly lower. Wheat opened Vs to % ceitt higher and continued to work above Thursday’s close. Liverpool cables were higher and Canadian reports stated that the Dominion’s wheat crop was of very poor quality. These advices e::erted a bullish influence and the trend was higher. Late in the day prices were still fractionally above Thursday’s figures. Receipts were twelve cars and the cash market remained unchanged. Corn futures closed 2 to 2% cents lower, making anew low point for the season. December com now is selling at 86 7/ b cents per bushel and the other futures are around 90 cents. The extremely favorable weather and the recent bearish Government report are responsible. Corn opened unchanged and then went to Vs tjo Vi cent lower during the early hours of the session. Frost was reported as far south as Cairo, 111., but traders did not view it as dangerous to the crop. The bearish trend continued throughout the day, with prices working in a narrow range. The session was fairly active. Receipts were 145 cars and cash was steady. Oats opened withs ractional gains, but soon declined, and late in the day was under the previous close. Receipts were thirty-six cars; cash oats was unchanged. Provisions worked lower. Chicago Grain Table —Oct. 14—VJ‘. ,T3AT — Prev. High. Low. 12:00. close. Dec 1.31% 1.31 1.31 Vt 1.30% March 1.34% 1.33% 1.34 1.33% May 1.36% 1.36% 1.36'/* 1.36% CORN— Dec 89 3 a .88% .88% .89% March 92% .91% .91% .92 May 94% .93% .93% .94% OATS— Dec 47% .46% .46% .46% March 49% .48% .49 .49% May 50% .53% .50% .50% RYE— Dec S3* .96% .96% .96% March I.OCK LOOK 1.00 May 1.01% 1.01% 1.01% 1.01% LARD— Oct 12.52 Jan 12.95 12.92 12.95 May 13.22 13.32 13.25 Jihjr 13.40 Oct. 12.10 12.10 12.00 Bn Times ftocrinl / CHICAGO, Oct. 14.—Primary receipts: Wheat. 2.522.000, against 1,192,000; corn, 686.000, against 1,048.000: oats, 635,000, against 420.000. Shipments: Wheat. L--858,000. against 726,000; corn, 509.000. against 309,000; oats, 399,000, against 300,000. Bn 'rimes Fneeial \ CHICAGO. Oct. I(l.—Carlots; Wheat, 39; Corn, 219; oats, 79; 1 rye, 8.

New York Stocks _ Bt Thomson & McKinnon

—Oct. 14— Railroads— Prev. High. Low. Close, close. Atchison 191% 190 191% 190% Atl Coast Line. 195% 193% 195 193 B&O.. 121% 120% 120% 122% Can Pacific ....196 ... 195 195% C & O 211% 207% 210% 207% C & N W 94% ... 94 C R & P 107% 107% 107% 107% Del & Hud50n...198% 197 197'/* 198% Del & Lack ....133 ... 133 133 Erie 69 65% 68% 65% Erie Ist pfd ... 63'% 61'/*. 62% 61% Grt Nor pfd ...100% 100% 100% 100% Lehigh Valley .104% ... 104 103 K C .South ... 64% ... 64% 64% L&T4 , 156 MK & T 46% ... 45% 45% Mo Pac pfd ....110'/* ... 109% 110% N Y Central 166 111% 165% 165 NY NH & H .. 63% 62% 63% '63 Nor Pacific .... 96% 95% 95% 95% Nor & W 190% ... 190 189% Pere Marq Pennsy 66% 66% 66% 66% Reading 115% ... IJ4 % 114% Southern Ry ....134 ... 133% 134% Southern Pac ..123 122% 122% 123% St Paul 18% ... 17% 18% St Paul pfd 32% ... 31% 33 St L& S W ... . 81% ... 80% 81 St L & S F 112% ... 111% 112% Union Pacific ..192% 191% 191% 192,, Wabash 71% 69% 71 70% Wabash pfd .... 05% 95% 95V* 95 Rubbers— Ajax 8% 7% 8-s 7% Fisk 15'/s 15 15% 15 Goodrich 81'a 78% 81% 78% Goodyear 62% 60 61V* 61% Kelly-Spgfld ... 28% 27% 27% 27% U S Rubber 52% 51 'is 51% 52'/* Equipments— Amer C & F .. 100% ... 100'/* 100% Amer Loco .... 105 % ... 105% 105 Am Stl Fd 49% 49% 49% 49% Bald Loco 251 % ... 251% 251 Gen Elec 137 134% 134% 136,, Lima 62% N Y Air B 41% ... 40% 41% Pres Stl Car .. 72% 72 72% 71 Vi Pullman 80V* 79% 80 80 Westh A B ... 46 45 46 45% Westh Elec 84% ... 83% 84% Steels— Bethlehem 56% 55% 55% 55% Colo Fuel 83% 79% 83% 80 Crucible 86 85% 85% 88% Gulf St Steel... 41% ...■ 41% 41 Inland Steel 51% PRC & I 41% 40% 41 40% Rep Steel ... 62% Sloss Sheffield 122 U S Steel 148% 146% 146% 147% Allov 27 26% 27 26% Vanadium 54% 53% 53% 53% Motors— Amer Bosch 24% ... 23% 24 Chandler ... ... 19Vi Chrysler 56% 55% 55% 55% Con Mo 10% 9% 10 10% Dodge 16% 15% 16% 15% Gabriel 36% ... 36 35% Gen Motor .... 139% 138% 139% 138% Hudson 74% 72 72% 72% Hupp 18% ... 18 18% Jordan 16'/* 15% 16 16 Mack 108% 107 Vi 107% 107 Vi Martin Parry.... 17% ... 17% 18% Yellow Coach... 33% 32% 33 33 Nash 88‘A 87% 87% 88 Packard 48 47 % 47% 47% Peerless 22% 22% 23 22% Pierce Arrow.... 9% ... 9% 9% Studebaker 57% 56% 57% 57% Stewart Warner 71% 71 71'A 71% Timken 119% 117% 117% 118% Willys Overland. 14'/* ... 14% 14% White Motor 39 ... 38% 38% Mining— Amer Smelting .169% ... 168 170% Anaconda 47'/* 47% 47% 48 Cer De Pas 64% 63% 63% 64% Inspiration 17% Int Nickel 69Vi 66'/* 68’A 66% Kennecott 75% 74% 74% 74'/* Magma 47 V* 46% 46% 46% Tex G and S .. 76% 75% 76 76 U S Smelting... 38 37 • 38 37% Oils— Atlan Refg 115 V, 115 115% 115 Cal Pete 20% ... 20% 20 Freeport Texas. 99% 91% 92'A 94% Houston 174 V* 170% 170% 171% Indpt Oil 22 Vi 19 21% 19% Marland C 34 32% 33% 33% Mid C Pete 26% ... 26'/* 26% Lago 33% ... 33 33% Pan-Am P (B).. 49% 48% 48V, 49% Pro & Refg 29 28 28% 28% Phil Pete 39'/* 38'A 39 38% Union Oil.. 41% ... 41% 41% Pure Oil 25% ... 25% 25% Royal Dutch ... 46% ... 46% 46 Shell , 25% 24% 25 25% Sinclair 16% ... 15% 16 Skelly 26 ... 25% 26% SO of Cal 53'A 53 53% 53 SOof N J 39% 39 39% 39% SOof N Y 31 ... 30% 30% Texas Cos 50 ... 49% 50'A Trans Pete 7'/, 7 7'/, 7 White Eaglq .... 22 ... 22 22 Industrials— Mj Kumely ... 10% ... 10% 10% Allis Chaim ....114 ... 114 113% Allied Chem 157% 155% 156 157% Armour (A) 9% 9% 9% 9% Amer Can 65% 64 64% 64 Amer H L 12 ... 12 12 Am H L pfd 61 Am Safetv R..f. 58% 55% 58 55 Amer Woolen .. 22% ... 22% 22% Am Linseed 54 50 53 V* 49% Coca Cola 124% ... 124% 124% Cont Can 75 74 74% 74% Cert Prods 53% 52% 53 52% Dav Chem 39% 38% 38% 38 Dupont .., 339% 336% 337% 338% Famous Players 110% 109 109% 109% Gen Asphalt .... 83’/* 77% 83V, 76% Int C Engr 48% 47 47% 47% Int Paper- 66 63 % 65% 64 Int Harv 226% 223 224 223% May D Stores.. 87V* 86% 86% 86% Mont Ward N.... 83% 81% 81% 82% Nat Leaci 122% 122 122% 122 Owen Bot 79% 78% 79% 78% § a <io .. 70% 67% 68% 69% Real Silk 24% ... 24% 24 Rem Type 29'A ... 28'A 29 Sears-Roeb 76% 76% 76% 76% United Drg 191% 190V* 191% 190 Univ Pipe 27 Vi 26% 27 Vi 26V, OSCIP 213% 207 209 206% U S In A1 .... 74'/* 73% 74 75V, Woo worth 188% 185 185'/, 185% Utilities— Am T & T 184'/* 182% 182% 184% Am Express ...170 ... 170 170% Am W W 65 63% 64 64% Brklyn Man ... 57% 57 57% 58 Col Gs & E 1... 91 89% 90 90% Cons Gas 117'A 115% 115% 117 Interboro 36% 35% 36 36% No Am Cos 63% 62% 62% 62% Peoples G 155 Phifa Cos ...... 102'A ... 102 % 102 S Gas and El .. 63'/, ... 62% 62% West Union 162% ... 162% 161 ShippingAm I nCorp... 51% 51 51% 52% Am o & C.... ~ ... ■jia Atlantic G *4 i? In M Mpfd ... 37 ... '36% 36% United Fr 143 142 143 142 Foods— Am Sugar 91 ... 89% 90 A B Sugar i 8 Austin N 5% . "isi 57/„ Beech N 63% 63 63% 63 Calif Pkg .... 65% 65 65% 65% Cuba C pfd ... 33 ... 33 32 Corn Prods ... 58% ... 57% sa Cuba A Bug... 21% ... 21% 21 Vi Fleischmann ... 63% 62% 62V, 62% Jewel Tea 73'/* 70% 72% 70 v Nat Biscluit ...145 . 143% 142 * Punta Ale 34 33% 34 33% Postum ....' 118 117 117 V, 118 WBk B 28 27% 27% 28 Tobaccos— . Am Suma .... 67% 66% 67% 68 Am Tob 151 150 150'/* 150% Am T B 151 150% 151 150% Cons Cigars .... 78% 77'/* 78% 78% Gen Cigars .... 67% 67 67'% 67 Li*gett 123% ... 123% 123% Lorlllard 37% 37 37% 37% R J Rey 148 V, 148% 148% 149 New York Liberty Bonds —Oct. 14— Prev. a,,. Close, close •5 103.8 103.9 S2 100.2 loo.i 4 y?? 100.26 100.24 IE 113.30 114.1 IE I®/} 954 A 109.1 109 Tr 3 / * s 106.1 106 Chicago Stocks —Oct. 14— Arm Del pfd.... 85 85 84 84 Arm IU pfd .... 65% 65% 65'/* 65% Auburn Motor. 113 113 111'/* 112 Lib McN and L. 10% 10% 10% 10% Middle West... 112% 113% 112% 113* Swift &Cos ... 126 126 124% 125 SwUt Inti 25% 26% 25% 25% Wrigley 62 Vi 62% v 62% 62% Borg & Beck 66'/* 66V* 66 66

Produce Markets

47§ U Mc r ib! Wh ° leSale PriC6) “ T ° P Brades - BiCterfat (buying prices)—47 lb. fresh delivered at Indianapolis, 36®37c doz. (loss off). Poultry (buying prices)—Hens. 18®20c; Leghorn hens. 13® 15c; Leghorn springs, 13 @18c; springs, 18®20c; roc&ters, 10® 12c; turkeys, hens, 20®25c; young toms, 20® 25c; old toms, 15@20c; ducks, 12®15c; geese, 8® 10c; guineas, young. 50c; old. 35c. B.n United Press NEW YORK, Oct. 14.—Flour—Quiet and steady. Pork—Steady; mess, $33. Lard— Quiet; midwest spot. $13.10® 13.20. Sugar— Raw, firmer; spot 96 test deliverediFduty paid, 4.71 c; refined firm; granulated. 5.80 ®6.10c. Coffee —Rio No. Ton spot, 14%; Santos No. 4. 20%®20%c. Tallow—Firm; special to extra, 8%®8%c. Hay—Dull; No. 1. $1.15®1.20; No. 3, 90c®51.05; clover, 85c @sl.lo. Dressed poultry—Firm: turkeys, 20®60c; chickens. 20®40c; broilers, 22® 39c; capons, 30®46c; fowls, 14@32c; ducks, 18®23c; ducks, Ixmg Island, 24@25c. Live poultry—Steady; geese, 20c; ducks, 20® 30c; fowls, 14@27c; turkeys, 30c; roosters, 15c; chickens, 17®25c. Cheese—Quiet; State whole milk fancy to specials. 27® 29c; young Americas, fresh, 28'ic. Potatoes —Long Island, [email protected]; Maine. $2.75® 3.75. Sweets—Jersey, basket, [email protected]; southern, barrels, [email protected]; southern, basket, 65c®$l. Butter—Easier; receipts, 20,694; creamery extras, 47%; special market, 48® 48 %c. Eggs—Quiet; receipts, 19.527; nearby white fancy, 63®67c; nearby State whites. 39®62c: fresh firsts, 36®42c; Pacific coasts, 45@64c; western whites, 35® 48c; nearby browns, 55@64c.

Report of the Condition of Postal Station State Bank At Indianapolis, Ind. . in the State of Indiana, at the close of Its business on Oct 10. 1927. DICK MILLER, President. HARRY GARMAN. Vice President. A. C. BROCK. Cashier-Secretary. S. M. BROCK.- Assistant Cashier-Secre-tary. . tRESOURCES Loans and discounts $283,909.46 Overdrafts 49.53 Other bonds, securities, etc 68,108.60 Furniture and fixtures '. 5,000.00 Other real estate owned 13,367.38 Due from trust companies, banks and bankers 19,330.65 Cash on Land 15.298.92 Cash items 457.26 Interest accrued on bonds 206.66 Total $385/728.46 ' LIABILITIES Capital stock—paid in $ 25,000.00 Surplus 8,000.00 Undivided profits—net ......... 11,628.46 Deposits 341,200.00 Total $385,728.46 State of Indiana. County of Marion, ss: I, A. C. Brock. Cashier of the Postal Station State Bank. Indianapolis, do solemnly swear that the above statement is trU *' A. C. BOND. Subscribed and sworn to before me this 13th day of October, 1927. ELIZABETH W. POLK, (SEAL) Notary Public. My commission expires Jan. 20. 1930.

HOGS WEAKER, TOP FALLS 10 CENTS TO sl2 V . * —Ho* Pried Range— Oct. Bulk. Top. Receipts 7 11 [email protected] 12.00 4,500 8 lLOOrftll.SS ILBS 5.000 10 11.75® 11.75 11.75 6.000 11 11.25® 12.00 12.00 6.000 12‘ 11 [email protected] 12.10 4.500 IS IL25@ 12.10 12.10 8.000 it 11.25® 12.00 12.00 , 8.000 The hog market at the Indianapolis Union Stockyards today was steady to weak, the top falling 10 cents to the figure of sl2 on the hundredweight. Bulk prices in 180 to 260 pound weights were $11.75 to sl2. Receipts were estimated at 8,000 with 491 holdovers. The Chicago market opened fairly active with a strong to higher tone. The early top was $12.15. Receipts were about 12,000 with 11,000 holdovers. Hog Price Range The weak tone affected only the medium and extreme heavyweights. Pigs were unchanged at $8.50 @10.25, as were animals weighing 130-160 pounds, which gold at [email protected]. Material in the 160-200 pound class was 5 cents lower at [email protected]. Animals weighing 200-250 pounds wehe unchanged at $11.80@12. The top of $12.10 In the heavy meat division dropped to a range of $1125® 12. The cattle market was steady except in the beef cow section where a strong to higher tone prevailed. Beef steers were nominal at $11.50® 15.30 and beef cows were [email protected]. Low cutters and cutter cows went at $4.25 @5.50, and bulk stock and feeder steers were $7.25 @8.75. Receipts were around 700. Lambs 50 Cents Higher Calves were unchanged with receipts approximating 700. Best vealers were $15.50@16 and heavy calves were $6.50@10. Lambs were 50 cents higher sending the top to $14.50. Bulk fat lambs were sß® 10.25. Bulk fat ewes were unchanged at $4.50 @3.50. About 1,100 were received. —Ho its — Receipts. 8,000; market steady to weak 90-130 lbs $ [email protected] 130-160 lbs [email protected] 160-200 lbs 1150 S;}H2 200 to 250 lbs 11.80®12.00 250 lbs [email protected] -CattleReceipts. 700; market strong to higher Beef steers '-♦IT-SOffl'ls.3o Beef cows 6.so (it} 8.50 Low cutters and cutter cows.. 4.25® 5.50 Bulk stocker and feeder steers 7.25® 8.75 —Calve*— Receipts, 700; market steady. Best vealers Heavy calves 6 50® 10.00 —Sheep and Lambs— Receipts. 1,100; market higher. Top fat lambs Bulk fat lambs 13.50® 14.00 Bulk cull lambs 4.50® §'s2 Fat ewes 4.50® 6.50 Other Livestock Bn United Press CHICAGO. Oct. 14.—Cattle—Receipts, 2,000; typical session; grain-fed steers in meager supply; best offerings held at $16.50 for mediumweights; calves steadv. with outsiders paying sl6 for sorted lots; few westerns included, mostly butcher Stock; bulls steady; Stockers and feeders unchanged. Sheep—Receipts, 2,000: fat lambs fairly active; fully steady with Thursday; prize 76 to 90-lb. range lambs, sl4 15C<i 14.25; good to choice westerns eligible at $13.75@Y4; early sales native lambs, $13.50® 13.75; moderate to light sorts; best natives held higher; 130-lb. buck lambs. $11®12; culls, $10®10.75; sheep steady; most of fat ewes, $5.50® 6.25; heavy. $4.50®5; good 95 to 100-lb. yearlings. $10.50; feeding lambs Arm; bulk. 64 to 75-lb., sl3 50®14; good to choice mediumweights held around $14.25 Hogs— Soft or oily hogs and roasting pigs excluded—Receipts. 12,000; market unev'en; early market 10c up; heavyweight. 250 to 350-lb. medium to choice. sll.lo® 12.15; mediumwetght. 200 to 250-lb. medium to choice. sll 40® 12,15; lightweight. 160 to 200-lb. common to choice. sll® 12; light lights. 130 to 160-lb. common to choice. [email protected]; packing sows, smooth and rough. $9.75(0)10.90; slaughter pigs, 90 to 130-lb. medium to choice, $9.50@i1. Bn United Press EAST ST. LOUIS, Oct. 14.—Hogs Receipts, 9,500; holdovers. 2,141; market irregular; 250 to 350 lbs.. $11.15®11.90; 200 to 250 lbs.. $11.65<T/Y2; 160 to 200 lbs., $11.60@12; 130 to 160 lbs., $10.75® 11.85; 90 to 130 lbs., [email protected]: packing sows. $9.7507,10.50. Cattle—Receipts. 1,500; calves, receipts. 700; market steady; beef steers. $9.25® 13; light yearlings and heifers. [email protected]; beef cows, $6.25®7.25; low cutters and cutter cows. $4.60®4.75; vealers, $15.25; heavy calves. s6.J>9®9: bulk stocker and feeder steers. $6.50(39.40 Sheep—Reclpts. 1,000; markt steady; top fat lambs. $15.25; bulk fat lambs. $15.25; bulk fat ewes. $12.75@13; bulk cull lambs. $8.50; bulk fat ewes. [email protected]. Bn United Press EAST BUFFALO. Oct. 14.—Hogs Receipts. 4,000; holdovers. 582; market strong to 25c up; 250 to 350 lbs.. $11.50® 12.75; 200 to 250 lbs., $12.25® 12.65; 160 to 200 lbs.. $12.10®12.60: ISO to 160 lbs.. $11.75® 12.25; 90 to 130 lbs.. $11.50012.10; packing sows. slo® 10.50.- Cattle—Receipts. 300; calves, receipts 600; market strong; calves steady; vealers, sl7® 18 Sheep Receipts, 2.000; market steady; culls 50c up; bulk fat lambs, $14.50; bulk cull lambs, [email protected]; bulk lat ewes, $5.50®7.

Vi-j JLi> JL/J_*Ai.N AirOL lb iIUUJO __

BANK STATEMENTS

0 Statement of Condition THE MEYER-KISER BANK , October 10, 1927 RESOURCES CASH ON HAND AND IN BANKS, U. S. Treasury Certificates, and U. S. L%erty Bonds $1,895,461.33 Municipal and Gravel Road Bonds Railroad, Corporation and Foreign Bonds 166,561.82 First Mortgage Roads, Real Estate Preferred and Miscellaneous Stocks 2,106,460.62 Loans Secured by Collateral 553,763.89 Loans and Discounts 134,350.71 Banking House. Furniture and Fixtures 545,000.00 Mortgage Certificates on Hand 49,990.00 $5,848,568.22 / LIABILITIES Deposits • * $4,452,294.14 Special Deposits 11,875.11 Certified Checks 7,234.0 ! Cashier’s Checks ' 92,954.51 Bills Payable 338.000.00 Reserve for Federal Tax ..; 32,503.27 Reserve for Local Tax 7,601.00 Reserve for Savings Interest 7,807.45 $4,950,269.55 Surplus Over and Above Liabilities to Depositors 898,298.67 And in addition thereto we have a Profit in our Liberty Bonds of $.. 81,828.14 OFFICERS . SOL MEYER, President SOL S. KISER, Vice President G. JACKSON, Vice President A. J. WICHMANN, Cashier J. J. KISER, Vice President B. E. FISCHER, Assistant to President M.) S. COHN, Vice President J. E. OHLEYER, Assistant Cashier F. S. MEYER, Vice President L. E. OSTHEIMER, Asst. Cashier and Auditor

Brightwood Stats Bank Report of the condition of Brightwood State Bank at 2355 Station St., Indianapolis In the State of Indiana, at the close of its business on Oct. 10, 1927. 3. C. PRESTON. President. PAUL H. CRASS, Cashier. RESOURCES Loans and discuonts i. $240,496.36 Overdrafts 52.90 U. S. Gov't, securities 500.00 Other bonds, securities, etc 17,500.00 Other real estate owned 3,500.00 Due from Trust Companies Banks and Bankers 2(1,332.17 Cash on hand 12,111.58 Cash Items 92.22 Total $294,585.21 LIABILITIES. Capital stock—paid in 8 25,000.00 Surplus 15,000.00 Undivided profits—net 8,055.21 Demand deposits. 150.157.56 Time certificates... 13,530.47 Savings deposits.. 70,388.59 Special deposits... 12,250.00 Certified checks... 203.38 Cashier’s—Treas. Checks $246,530.00 Total 7777T77T77 $294,585.21 State of Indiana, ss: County of Marion.' I paul H. Crass, cashier of the Brightwood State Bank of Indianapolis. Ind., do solemnly swear that the above statement is true. PAUL H. CRASS. Subscribed and sworn to before me this 13th day of October, 1927. (Seal) D- B. MOSS, Notary Public. My commission expires March 10, 1931. Charter No. 108 Report of the Condition of Fidelity Trust v Company at Indianapolis in the State of Indiana, at the close of its business on October 10, 1927. OFFICERS JAMES McNULTY, President. J. ALBERT SMITH. Vice President. JAS. G. FLAHERTY. Vice President and Treasurer. TIMOTHY J. SEXTON. Secretary. THOMAS X. LANAHAN. Asst. Secretary. RESOURCES Loans and discounts $ 886,124.15 Overdrafts 632.71 Advance to estates and trusts.. 21,388.27 U. S. Government securities.. 127,050.61 Other bonds, securities, etc. .. 794,783.79 Furniture and fixtures 100.00 Due from trust companies, banks and bankers and cash on hand 238,237.06 Trust securities 114,924.20 Total $2,183,240.79 LIABILITIES Capital stock—Paid in $ 100,000.00 Surplus 50,000.00 Undivided profits—Net 100,000.00 Reserve for Interest and taxes.. 19,803.48 Demand deposits ..$742,583.72 Time certificates . 221.932.80 Savings deposits .. 735,775.81 Trust deposits .... 80,610.55 Certified checks .. 2.336.81 Cashiers-Treas. checks 3.884.12 1,787,124.11 Trust Investments 114,924,20 Due departments 11,239.00 Dividends unpaid 150.00 Total $2,183,240.79 State of Indiana. County of Marion, ss; I, Timothy P. Sexton, secretary of the Fidelity Trust Cos., of Indianapolis, do solemnly swear that the above otatement is true. TIMOTHY J. SEXTON Subscribed and sworn to before me this 13th day of October. 1927. IRA M. HOLMES. Notary PubUc. My commission expires Feb. 1, 1931.

Local Wagon Wheat i

Local grain elevators are paying $1.29 for No. 2 red wheat. Other grades are purchased on their merits. NE WYORK SUGAR RANGE High. Low. Close. January 2.93 2.90 2.91 March 2.82 2.79 2.80 May 2 89 2.87 2.88 July ...-j, 2:97 2.94 2.94

Clyde K. Ro! inson. President K. W. Hughe*, Cashier Ifoy C. Slianebrrger, Vice President YV. A. Burney, A**t. Cashier Condensed Statement of Marion County State Bank 139 East Market Street . At Close of Business, October 10, 1927 ' RESOURCES Loans and Discounts $ 722,727.75 Bonds 265,116.84 Furniture and Fixtures 9,660.00 Cash and Due from Banks 211,447.22 Other Real Estate 10.681.14 Trust Becurities 14,205.00 $1,233,837.95 LIABILITIES Capital Stock $ 50,000.00 Surplus 25,000.00 Undivided Profits and Reserve 14,912.53 Deposits 1,123,185.12 Due to Departments 6,535.30 Trust Investments 14,205.00 * $1,233,837.95 DIRECTORS Roy C. Shaneberger, Chairman President Progress Laundry Cos. C. W. MEANS CHESTER L. ROBINSON Means & Buenting Asst. Cashier Fletcher American CLYDE E. ROBINSON E. W. HUGHES President Cashier

The State Savings & Trust Cos. OFFICERS SCOTT R. BREWER. President. P. H. WOLFARD. Vice President. JAMES A. HOUCK. Vice President-Treas-urer. EDWARD B. FUNK. Assistant Secretary. KATHRYN HOLLAND. Assistant Cash-ier-Secretary. DIRECTORS Robert J. Aley L. N. Joseph Edgar Ashby David A. Rothrock Scott R. Brewer P. H. JlTolfard James A. Houck E. H. Wolcott Wm. A. Pickens Report of the condition of the Estate Savings and Trust Company at Indianapolis, in the State of Indiana, at the close of its business on Oct. 10. 1927. RESOURCES Loans and discounts $1,821,244.41 U: 8. government securities... 2,634.87 Other bonds, securities, etc..,. 106,606.91 Banking house 150.000.00 Furniture and fixtures 25,023.50 Due from departments 31.651.90 Due from trust companies, banks and bankers and cash on hand 126,840.49 Trust securities 266.875.00 Other assets not included in the above 13,350.50 Total ‘...52,544,237.58 LIABILITIES Capital stock—paid in ..$ 375,000.00 Surplus and special 54,927.97 Demand deposits. .$824,221.52 Demand certificates 86.002.19 Savings deposits... 645,148.08 Trust deposits .... 34.782.71 Certified checks... 522.71 Due to banks and trust companies.. 5.270.45 Cashier’s -treasurer’s Checks 11.476.95 1,607.424.61 Bills payable 240,000.00 Trust Investments 266,875.00 fcotal $2,544,227.58 3tate of Indiana. County of Marion, ss: I. Edward B. Funk, assistant secretary of the State Savings and Trust Company of Indianapolis. Ind., do solemnly swear that the above statement is true. EDW. B. FUNK. Subscribed and sworn to before me this 13th day of October, 1927. IRENE MICHEL. (SEAL) Notary Public, My commission expires March 23. 1931. NEW YORK COFFEE RANGE —Oct. 14— High. Low. Close. January 13.00 12.80 13.00 March 12.98 12.85 12.98 May 13.85 12.68 12.85 July 12.80 12.67 12.85 September 12.75 12.57 12.75 December 13.04 12.95 13.04

United Labor Bank and ' Trust Company JOHN L. LEWIS. President. WILLIAM DOBSON. Vice President. JACOB FISCHER. Vice President. ADOLPH J. FRITZ. Vice President. F. O. BELL. Secretary. Report of the condition of the United Labor Bank and Trust Company at Indianapolis. in the State of Indiana, at the close of its business on Oct. 10. 1927. RESOURCES Loans and discounts .....$332,704,62 Overdrafts 33,12 Bonds and securities 478.472.51 Furniture and fixtures 15,000.00 Interest earned not collected.... 11,641.59 Cash on hand and In banks 133,329.57 Total $971,181.31 LIABILITIES Capital stock $225,000.00 Undivided profits 11.826.08 Reserved for taxes and Interest. 8.896.58 Demand deposits $326,700.19 Savings deposits 242.219.43 Time certificates.... 149.548.73 Certified checks 1.626.23 Secretary’s checks... 661.99 Due departments.... 4.702.08 725,458.65 Total j $971,181.31 State of Indiana, County of Marion, ss: .U F „ c -, Bell, secretary of the United Labor Bank and Trust Company, Indianapolis, Ind., do solemnly swear that the above statement is true. F. C. BELL. ..Subscribed and sworn to before me this 13th day of October. 1927. GLEN V. HUESTON. (SEAL) Notary Public. My commission expires Oct. 1, 1929, Report of the Condition of State Bank of Massachusetts Avenue Indianapolis in the State of Indiana, at the close of its business on Oct. 10. 1927. FRANK H. CARTER. President. L. E. YUNKER, Vice President. A. J. KRUEGER, Jr., Cashier. RESOURCES Loans and discounts $232,084.46 Overdrafts 143.19 U. S. Government securities..,. 41,500.00 Other bonds, securities, etc 25,147.50 Furniture and fixtures '. 1,500.00 Cash on hand 45.500.28 Cash items ...j. 1,011.94 Total $346,887.37 LIABILITIES Capital stock—paid in $ 25,000.00 Surplus 4,000.00 Undivided profits—net 2,448.73 Demand deposits $210,255.89 Demand certificates.... 1,050.00 Savings deposits 91,738.76 Certified checks 43.25 Cashier’s-treas. checks 303,087.90 Cash over 100.74 U. S. War Loan deposit account. 12.250.00 Totals $346,887,37 State of Indiana. County of Marlon, ss: I, A. J. Krueger, Jr., cashier of the State Bank of Massachusetts Ave. of Indianapolis, do solemnly swear that the above statement is true. A. J. KRUEGER. JR. Subscribed and sworn to before me this 14th day of October. 1977. (SEAL) THOe. A. RESSLER, Notary Public. My commission expires April 9. 1928.

Charter 132. Report of the condition of Aetna Trust & Savings Cos. nt Indianapolis, in the state of Indiana, at the close of Its business on Oct. 10, 1027, OFFICERS E. 8. GOODRICH, Chairman of J. 8. GRIGGS. Secretary. Board. O. R. OLSEN Treasurer ROSS H. WALLACE. President , ” .V in . . LEO M. RAI’PAPORT, Vice HENSLEY, Assistant SeePresident. retary. RESOURCES Loan* and discounts $1,178,441.38 Advajicp* to trusts 15,927.12 United States government securities 100,1 19.110 Other bonds, securities, etc.. 475,188.60 Building leasehold 50.000.00 Furniture and fixtures.. ~... 20,(Vi 1.00 Other real estate owned 11,287.00 Due from departments 4,131.31 Cash and due from banks 291,065.59 Trust securities 581.499.93 Total ...jo ... .$2,728,892%! LIABILITIES Capital stock—paid In $ 250,000,00 Surplus 42,000.00 Undivided profits—net 23,586.03 Reserve for Interest and taxes 24,311,32 Demand deposits $800,603.65 Demand certificates 67,822.45 Time deposits 602,680.84 Trust deposits 92,572.37 Certified checks 7,524.15 Due to banks and trust companies 132,7872.75 Secretary's checks 11,252.84 — 1,805,308.05 Dividend checks 406.02 Due departments 1,781.18 Trust investments 581,490.93 Total ....$2,728,802.53 State of Indiana, County of Marion, ss: I, ,T. S. Griggs, secretary of the Aetna Trust nnd Savings Company of Indianapolis, Ind., do solemly swear that the above statement Is true. J. S. GRIGGS. Subscribed and sworn to before me this 13tli day of October, 1927. -v CHAS. B. WILBEIIDING, (Seal) k Notary Public. My commission expires March 10, 1030.

Report of the Condition of Farmers Trust Company 150 East Market Street At Close of Business, October 10, 1927 RESOURCES Loans $ 1,123,293.67 U. S. Government Bonds 5,863.50 Other Securities 160,030.00 Due from Departments 4,511.73 Company's Building 152,100.00 Cash and Due from Banks 387,603.47 Total ? 1,833,402.37 Trust Securities '... 375,000.00 Trust—Real Estate 415,000.00 Mortgage Loans for Eastern Clients 35.750,000.00 Total $38,373,402.37 LIABILITIES Capital Stoek $ 300,000.00 Surplus 75,000.00 Undivided Profits 177,683.83 Dividends Unpaid 1&2.00 Deposits 1,280,586.54 Total $ 1,833,402.37 Trust Investments 790,000.00 Mortgage Investments for Eastern Clients.. 35,750,000.00 Total $38,373,402.37 OFFICERS (liurlr* X. William* Preident ( harle* R. Kellogg, Secretary EdwlnH Forry Vlce pre*ldent william R. Stuart. Tru*t OlTlcor and Trunt Officer _ ... Carl A. rioch. Vlre Prealdent Laura Hiatt, A** t. Secretary Riley K. Smith, Vice President Max J. Young. A**‘t. Secretary and Treasurer Elmer L. Nturdevant, A*’t. Sec. DIRECTORS (harle* E. Coffin Clarence R. Martin Alvah J. Rucker Jamoii 8. C’rue Frank M. Millikan R| , K smith Kdwin H. *orry Norman A. Perry Hllllam K. Ntuart Alfred D. Hits Carl A. Clock Charles N. William* (.'harle* R, Kellogg John K. Ruckrlehau* Thomas N. Wynne

Washington Bank and Trust Company OFFICERS J EDWARD MORRIS. President. MARK V. RINEHART. Vice President and SP FRANCis W. PAYNE. Vice President and ri CLIFTON N. FIELDS. Treasurer. J EDWARD JOHNSON, Auditor. DELMAR G. PATRICK. Assistant SecretacALVlN J. CLYMER. Assistant Secretary. OTTO MEYER. Bond Department. GORDON S. GRIFFIN. Bond Depart- ' HENLEY T. HOTTEL. Real Estate. M. L. HALL. Business and Industrial Pl pltraCHE VELESSCU. Savings and Foreign Department. __ _ R. E. THROCKMORTON. Insurance De- ” Condensed statement of the Washington Bank and Trust Company .at; *dlanappli*, in the State of Indiana, at the close of its business on Oct. 10. 1927. RESOURCES Loans and discounts $1.24.825.3S Overdrafts 1,i37.s C :Sr n, '.. nU !“.“ 242.788.79 Advances* to* w!t*t'i' Wnd‘ trusts receivable -depart- m 4„ Recifritfea*" ** *! ” "7.7 ’ 286,1' S3 U. S. government b0nd5....... i??’2S?’2n Cash on hand and in banks... 221,791.30 Mortgage notes securing mortgage certificates and first lien savings certificates , 912.086.01 Baaking resources ......... .83,349.294.94 Se trußt ie . S .““.I. ... n 3.380.000.51 Total resources $6,729,295.45 LIABILITIES Capital stock paid in..... $ 100.000.00 Nef undivided profits and sur- , „ discounts! etc....... M.sH.g General and trust deposits 2 ’°t2'aAn no Banking house ••••• Department accounts payable.. 31.259.61 Mortgage certificates and first lien savings certificates outstanding 912.088.01 Banking liabilities H’JlX’omsi Trust Investments 3.380,000.51 Total liabilities $6,729,295.45 State of Indiana. County of Marlon, js. I. C. N. Fields. Treasurer of vhe Washington Bank and Trust Company. Indianapolis, Ind., do solemnly swear that the above statement is true. C. N. FIELDS. Subscribed and sworn to before me, a Notary Public, this 13th dav of October, 1927. LILLIAN SHAUGHNEBSY. (SEAL) Notary Publle. My commission expires Oct. 20. 1930. Your Want Ad in The Times works all day and night lor you—and costs you less, too.

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Charter No. 187 Report of the condition of City Trust Company at Indlanapolla. In the State of Indiana, at the close of Ha business on Oct. 10. 1827. DICK MILLER. President. H. J. BARNARD. Vice President. D. A. MURPHY. Vice President and Secretary. C. MILTON KELLY. Vice President and Treasurer. K. E. SMITH. Assistant Secretary. E. W. DAVY. Assistant Treasurer. J. L. FORSYTH. Auditor. RESOURCES Loans and discounts 5t,5J1.900.42 Overdrafts 1.042.80 Advances to estates and trusts 88,811.08 Bonds, securities 842,878.83 Furniture, fixtures, vault equipment 31,888.88 Real estate 8.842.18 Due from departments 30,447.20 Cash and due from banks 448,417.77 Accrued lntsrest receivable.... 7,608.82 Trust securities 1,880.827.24 Mortgage notes securing 2,200.000.00 Other assets 5,00148 Total 16.773.683.18 LIABILITIES Capital stock—paid In 8 280.000.00 Surplus 60.000.00 Undivided profits—net 47,047.81 Deposits 3.828,883.28 Reserves 18.803.88 Dividends unpaid 84.80 First mortgage certificates.... 2.300.000.00 Trust Investments 1.880,837.34 Other liabilities 13™ Total 38.773.883.18 State of Indiana. County of Marlon, as: I, Dwight A. Murphy, vice president of the City Trust Company of Indianapolis, do solemnly swear that the above statement is true. DWIOHT A. MURPHY. Subscribed and sworn to before me this 13th day of October. 1827. HAZEL TOMLINSON. (SEAL) Notary Public. My commission expires Sept. 28, 1821.