Indianapolis Times, Volume 39, Number 167, Indianapolis, Marion County, 21 November 1927 — Page 14
PAGE 14
OPENING PRICES RUN IN NARROW RANGEJNMART New York Stocks Open Only Fractionally Changed.
Average Stock Prices
Average of twenty Industrials Saturday was 196.83, up .15. Average of twenty rails was 140.04, up .04. Average of forty bonds was 99.23, up .04. Bu United Press NEW YORK, Nov. 21.—Pi ice movements on the New York stock exchange were narrow at the opening of the new week. Few issues made any more than fractional changes in the opening dealings, but the majority of fluctuations were toward higher levels with motor shares featuring these operations. General Motors was slightly lower at 131%, off On the other hand. Hupp was taken in large blocks at prices a half point above the previous close at 28%. Hudson gained ;% to 'te’s, Mack % to 109%, Nash % to 91%. Yellow Truck % to 33%. International Paper was a distinct International Paper feature in the industrial group rising nearly two points to 74 %, anew high record. National Biscuit also made anew peak at 154%, up %. Montgomery Ward was within a fraction of its record at 89%, up %. Oils and rails were firm, though dealings in these issues were only moderately active. Some selling came into industrial leaders at the start of the new week on the theory the large treasury withdrawals scheduled for today would have a temporarily unsettling effect on the money market. Offerings converged on General Motors and Steel, but strength was maintained in various sections of the list. Coppers were buoyant on the stronger price situation in the market for that metal.
Banks and Exchange
INDIANAPOLIS STATEMENT Local bank clearings today were $3,836,COO; debits were $6,830,000. FOREIGN EXCHANGE Bu United Press NEW YORK, Nov. 21.—Foreign exchange opened steady. Demand sterling. 54.87 5-16; francs, 3.93 c: lira. 5.4354 c, up .00%; Bclga, 13.95 c; marks, 23.86, off .00 Vic. LIBERTY BONDS B'l United Press NEW YOR3C, Nov. 21.—Liberty first 'Us opened at 103.13. off 1; 3d 4%5, 100.28, unchanged; 4th 4145, 104, unchanged.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, Nov. 21.—Nothing has occurred over the week-end to materially alter the situation, at least not for the worse. The money and Investment situations are now well recognized as basic influences in the present underlying strength of the stock market. It is well to take a look and see whether the optimistic predictions as to trade revival are actually getting under way. In the steel trade this is undoubtedly so. The governmental program includes several big projects such a flood control, increased naval construction and the like, all of which mean not only greater demand for steel, but greater distribution of wages spreading their buying power in all directions. Temporary reactions are to be expected, but should be used for increasing long lines.
In the Cotton Market
(Bv Thomson & McKinnon) NEW YORK. Nov. 21.—The feeling Is so general among brokers that prices are about to advance, it will take a very bearish ginning report this morning to alter it. Mental processes are not necessarily accurate, but what we see we see, and the strong spot situation i3 obvious. Bu United Press NEW YORK. Nov. 21.—Cotton futures opened 35 to 65 points higher. December, 19.75; January, 19.75; March. 20.20; May. 20.42; July. 26.23: October. 19.60.
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New York Stocks B Thomson A McKinnon
—Nov. 21Railroads— Prcv. High. Low. 12:00, close. Atchison 1927s ... 192 191% At Coast L 194% 193% 193% 193% B. & 0 11814 117% 118 118% Can Pacific 195 ... 195 19514 C. & 0 211 210% 211 210% C. &N. W 91% 90% T 91% 91 C„ R. & P 107% Del & Hud 186% ... 186% 185',4 Del & Lack 137 ... 137 136 Erie 64% 63% 64% 63% Erie Ist pfd 6274 62% 6274 62% Ot No pfd 100'- 100 100% 99% Lehigh Val .... 97% 97 97% 97 K C South 65 6374 65 63% L. & N 155 '4 M. K. & T 44 ... 44 43% Mo Pac pfd 11714 116 11614 115% N. Y. Central...l64 16374 163% 164 NY. NH & H.. 5314 52% 53 53% No Paclflv 98% 9814 98% 98% Nor Sc W„ 196 195% 196 196 Pere Mar<f 130% ... 13014 131 Pennsy 65 64% 65 65% Reading 108 ... 108 108 Southern Ry ...140% 140 140% 140% Southern Pac ..121'4 ... 121% 130% St. Paul 15% St. Paul pfd.... 29 ... 29 29% St. L. &S. W.. 84% 83% 84% 83% St. L. Sc S. F... 110% ... 110% 110% Union Pacific ..193% 193 193% 193% Wabash 64% 6374 64% 64 Wabash pfd .... 94% ... 94% 94 Robbers— Alax 8% ... 8% 8% Ffsk 15% ... 1574 1574 Goodrich 78% 78% 78% 78% Goodyear 59% 58% 59 59 % Kelly-Spg 31% ... 30% 31% U S Rubber .... 5374 5174 53 51% Equipments— Am Car & Fd..105 ... 10474 10474 Am Loco 107% 107 107% 107 Am Steel Fd.... 56 55% 55% 54'4 Bald Loco 255% 255 255'% 254 Gen Elec ......132% 131% 132 131% Lima 57% N Y Airbrake .. 4274 ... 4274 42% Pres Steel Car 73% Pullman 81 *4 8074 81% 81 Wsth A B 44 ... 43% 44 Wsth Elec 85% 85 85 Vi 85% Steels— Bethle 5574 54'4 55 ’,4 55 Colo Fuel 77 76% 77 77 Crucible 89 88 88% 85% Gulf St Stl . . 49% ... 49% 50 Inland Stl .... 53 51% 52 53 Phil R C <fc 1... 45", 45% 45% 44% Rep Stl 60% ... 60% 59 Sl-Shef 117 U S Steel 144 1 4 143 143'i 14% Alloy 26% ... 26% 26% Vanadium 54% ... 54% 54'% Motors— Am Bo 2374 ... 2374 2374 Chandler 20 Chrysler 58% 5774 57% 58% Con Mo 10 ... 9% 10 Dodge 17% 17% 17% 17 Gabriel 35% 35% 35% 35% Gen Mo 132 ... 130% 132 Vs Hudson 73% 717, 71% 73% Hupp 29 % 2874 28% 28 Jordan 16 . . . 16 1674 Mack 10974 10374 109 108% Yellpw Coach .. 30% ... 30% 30% Moon 7% 774 774 7% Nash 91% 9174 91% 91'4 Packard 5374 53 V, 53% 52% Peerless 25 2174 25 24% Pierce Ar 15% ... 15% 1574 Studebkr 57% 5774 57% 57'/, Stew War 74% 74% 74% 74% Timken 118% 117% 117% 117% WUlys-O 17% 17% 17% 17% White Mo 3674 ... 35' 2 36% Mining— Am Sm 175 173% 17474 174 Anaconda 51% 507* 51 51 Cer De Pas 64% 64 6474 6374 Inspir 21 20% 21 20% Int Nic 67% 67% 677, 6774 Kenr.ec 82% 8174 81% 81% Magma 51% ... 5174 51-74 Tex G & Sul... 73V, ... 7274 73% U SSm 40 ... 4040 Oils— At Ref 118% ... 117% 119% Cal Pete 23% 237, 23% 23% Freco Tex 977 a 97 97 97% Houston 163% 16174 162 163 , Indpt Oil 25'/2 25 74 25 % 25% MHarland C .... 36% ... 35'/, 3674 Mid C Pete 28% ... 28% 28% Logo 36V, ... 3874 36% Pan-Am P (B).. 5274 ... 51% 52 Pro Sc Refg 26 74 ... 26 % 27 Phil Pete 42% 42% 42% 42% Union Oil 457. ... 45% 44% Pure Oil 26 ... 26 26 Roval Dutch .... 48'4 ... 43% 48 Shell 2674 ... 2674 27 Sinclair 167, ... IS'/, 1674 Skclly 27'a ... 27'4 37% SO of Cal 56% 56 58% 56% SOof N J 4074 4074 40'/, 40% SOof N Y 3274 ... 37% 32% Texas Cos 53 % 5371 53 % 53'/, Trans Pete 10 9% 974 10 White Eagle 23 Industrials— „ Adv Rumely .... 137* 12 12% 11% Allis Chaim ....114% ... 114% 11'% Allied Chem ....15274 151% 151% 153 Armour (AI .... 1074 10% 10% 10% Amer Can 7174 7174 71% 71% Am K L 17% ... 1174 11 Am H L pfd • ■ 58 Am Safety R 64-4 64 64% 63% Amer Woolen .. 22% 22 22 74 22% Amer Linseed ... 707-4 ... '0 63% Coca Cola 125 .. 12a 124% Cont Can 77 7674 77 76% Cert Prods £3% Dav Chem ... ••• „•'?% Dupont ....825 333 324 32;> Fame’s Players 108 10'"% 107% lo Oen Asohalt 8* 83% 84 83% Int C Engr .... 49% 40% 49% so% Tnt Paper 75% 73% 7a 727', lot Harv 2‘"% 243 2'6% 2’7 Mav D Stoves... 87% ... 87 74 87% Mont Ward .... 89% 88% 89 83% Owen Bot 7974 ... 7974 7974 Radio 8674 84'4 86 84% Real Silk 25 2474 25 25 Rem Tvpe 2374 ... 237* 23% Sears-Roeb .... 81% 807, 81 80% United Drug... .. W* TTniv Pine 27', 2 2674 27% 27 TT 8 C I P .... 225 ... 222 77 222 TT Sln A'C 8174 ... 81% 81 Won'wnrth .... 19 574 1 947, 19 474 194 74 Am'T^nd - T .. 180 17974 180 179% Amer Express ••• ■ ijjv* mer W W 61% 61 61 74 61 Brooklyn Man.. 58% ... 57% 58 Col G and E 93% 92% 93% 92% Cons Gas 1'5% 11574 1’5% 115% Tnterboro 35 ... 35 35 No Amer Cos ... 6174 ... 617, 61% Peonies Gas J 57 . Phita Cos , ... ... 124 , St. G and E ... 61% 6074 6174 60% Western Union. 171 1707* 111 16974 Am Int Corn .. 557, 537, 557* 54% Am Sand C 2% Atlantic Gulf... 407, ... 4040% Int M M pfd .. 3874 ... 3874 387, United Fruit... 143 74 142% 143 143 Amer* 5 Sugar.... 74% ... 74 74 74 74 A B Sugar 18% ... 1874 1874 Austin Nichols.. 574 ... 5% a74 Beech Nut 74 73 74 72% Calif Pack 70 6974 70 6974 Corn Prods 64 74 ... 647, 64 74 Cuba C pfd 34% Cuba A Sug .... 22% 22% 2274 2374 Fleischmann .. 6874 6774 68 67% Jewel Tea 21% Nat Biscuit ... 15774 15474 156% 15474 Punta Aleg 33% Fostum 117% ... 116% 117 Ward Bak 8.... 31% 31% 3174 3174 Tobaccos— , Amer Sumatra.. 64 74 63 % 6374 64% Amer Tobacco.. 17974 ... 179 178% Amer Tob 8... 179%- 1797* 179% 178% Cons Cigars 79'% 79 79'% 78% Gen Cigars .... 73 ... 73 73% Liggett 122% ... 12274 122% Lorlllard 43% 4174 43'% 41% R J Reynolds.. 160 74 158 74 160 158 74 Tob Prod 8... 106% ... 106% 106% U Cig Stores.... 3474 34% 3474 34 Schulte R S .... 53 527* 5274 52%
Interstate Electric
HOGS 10 CENTS OFF IN OPENING OF WEEK HERE Porkers Still Sell in Narrow Range: Cattle, Calves Stronger. —Hog Trice Range— Nov. Bulk. Top. Receipts. 15. 9.00® 9.50 B.SO 8.000 13. 9.5094 9.65 9.65 9.000 17. 9.25® 9.60 9.60 8.500 18. 9.00#: 9.35 9.35 9,500 19. 9.00# 9.10 9.10 5.500 21. 8.75® 9.00 9.00 7.000 Opening the week 10 cents lower the hog top dropped to $9 at the Indianapolis Union Stockyards today with 7,000 in the pens and a holdover of 565. The range for bulk animals was extremely narrow, selling mostly $8.75 up. A slow opening marked the Chicago market with few sales. Prices were steady to stronger, however, with finished butchers held at $9.25 and over. Receipts were about 47,000 and 4,000 were held over. Hog Price Range Pigs were down 25 cents selling at $7.25® 8.25. Lights dropped at the top. those weighing 130-160 pounds going at sß.23'# 8.75 and animals in the 160-200 pound class at $8.75®9. Material in the 200-250 pound division as well as heavy butchers, 250300 pounds, sold at $8.90® 9. Cattle were steady to strong. Receipts approximated 800, but beef steers were not enough to make a market and were quoted nominal. Beef cows sold slightly up at $6.50® 9. and low cutters and cutter cows were higher at $4.25®6. Bulk stock and feeder steers were unchanged, going at $7.50® 9. Calves Higher Best vealers brought sls® 15.50 selling a little higher. Heavy calves stood unchanged at $6.50® 9. Receipts were estimated at 400. The sheep and lamb market was steady with 300 brought to the yards. The top remained at $13.25. Bulk lambs were $12.50® 13. Bulk culls sold at $7.50® 10 and fat ewes were $4.50®6.50.
—Hogs—- .. 2,000; market, lower. $ 7.254/ 8.25 Iftn'ftm ,‘b s 8.25# 8.75 230 lbs. up 8.90# 9.00 —Cattle— Receipts, 800; market steady to strong. Beef steers $12.50017.00 Beef cows .. 6.50® 9.00 Low cutters and cutter cows.. 4.25® 600 Bull; stock and feeder steers.. 7.50® 9.00 —Calves— Receipts. 400: market, higher. g**t veTiers SIS.OO< 15.50 Heavy calves 6.50® 9.50 —Sheep and Lamb,— Receipts, 300; market, steadv. Ton fat lambs sl3 25 Bulk fat lambs 12 50013.00 Bulk cull lamb3 7.504/1000 Fat, ewes 4.50® 6.50 Other Livestock Bn United Press Nov. 21.—Cattle Receipts. 22.000: fde steers weak to 25c lower: slow market at decline; grades snow most decline; she stock, quality considered, steady to weak: bulls strong; vealers steady: good, active market on Stockers and feeders; supply latter class mostly natives; most fed steers of value to sell at sl3# 16.50; outstanding 932-lb. heifer yearlings. $15.50; low cutters. ss® 5.15; mostly $5; vealers to big packers. sl2 mostly sl2# 12.50. Sheep Receipts, 20,000; fat lambs slow; good natives and westerns weak to loc lower, $13,654/. 13.85; asking steady prices. sl4 or better, for choice offerings; sheep steadygood to choice fat ewes. $6,254/ 6.75 mostly; feeding lambs unchanged; good range feeders, $13,504/ 14; comebacks, sl3# 13.75; good fed yearlings. $10.50. Hogs (soft or oily hogs and roasting pigs excluded) Receipts. 47.000; market slow, weak to 10c lower; heavyweight. 250 to 350 lbs., medium to choice. $8,734/9.25; mediumweight. 200 to 250 lbs., medium to choice. 58.a0®9.25; lightweight, 160 to 200 lbs . common to choice. $8#8.90; light lights, 130 to 160 lbs., common to choice, *7.504/ ? , s- pac , kin T sows, smooth and rough. $7 4/t.25: slaughter pigs. 90 to 130 lbs., medium to choice, s7@B. Bn Times Special , LOUISVILLE, Nov. 21.—Hogs—Receipts, 1,800: market steady; heavies, $9.05; mediums. $8.65; lights. $8; pigs, $5.55#6.55; roughs. $6.05®7.05; stags, $6.05. CattleReceipts. 800: market steadv to 25c higher. Calves—Receipts, 500; market steady; good to choice. sll4/13; medium to good. s9® 11; outs. $9 down. Sheep—Receipts, 50; market steady; top lambs. $11,504/12; Seconds. $64/7; sheep. s3@s. Saturday’s and Sunday's shipment: Cattle, 237calves, 121; hogs, 901; sheep, none. Bu United Press EAST BUFFALO, Nov. 21.—Hogs—Receipts. 18,000; holdovers. 1,639; market, 254435 c down; 250-350 lbs., $94/9.35: 200250 lbs.. $8.90®9.35; 160-200 lbs., *8.90® 9.25; 130-160 lbs., $8,754/9: 90-130 lbs., *8.75®9; packing sows. $7.50448. CattleReceipts, 3,500. Calves—Receipts, 1.600; market, steady to 25c down; calves, steady; beef steers. $94/14.50; light Yearling steers and heifers, $124/14: beef cows. $5.50# 7.50: low cutter and cutter cows. $3,504/5.50; vealers, $164416.50. Sheep—■ Receipts. 12.000: market, 25c up; bulk fat lambs. $14.50: bulk cull lambs. $10.50®11; bulk fat ewes, $6447. Bu United Press EAST ST. LOUIS. Nov. 21.—Hogs—Receipts. 13,000; holdovers, 1,083; market, strong to 10c higher: 250-350 lbs.. $8.65® 9.15: 200 250 lbs.. $8.80449.15; 160-200 lbs., $8.50#9; 130-160 lbs.. SB4/8.75: 90-130 lbs.. $7.50448.40: packing sows, $7.40448.15. Cattle—Receipts. 6,000: calves. 3.500; market, steers steadv; beef steers. $11,504/13.25: light yearlings and heifers. $9®11.50; beef cows, $6.50447.50; low cutter and cutter cows, $4.75#5.75: vealers. $14.75; heavy calves. $64/9; bulk stock and feeder steers. 56.50#9. Sheep—Receipts. 1.500; market, slow and weak: top fat lambs, sl4: bulk fat lambs. $13.504413.75; bulk cull lambs. $8.50@10: bulk fat ewes, $4.50#>6. Annexation at Elkhart Bu Times Special ELKHART, Ind., Nov. 21.—An ordinance annexing about 160 acres to the city at its southwest limits has been passed by the city council.
EXCURSION LOUISVILLE Kentucky SUNDAY, NOV. 27, 1927 $0.75 Round mam Trip Leave Traction Terminal Station 7:00 A. M. Returning Leave Louisville 7:00 P. M. INTERSTATE Public Service Company
THE IN JDiAis AP<) LIE TJLME&
Commission Row
TRICE TO RETAILERS Apples—Box apples: Jonathans, $342 3.25: Delicious. $3.75/44.50; Grimes, $2.75 #3.25. Barrel apples: Jonathans. $9.50; Grimes. $9: Bellflowers, $5,504/7.50; Baldwins. $6. Basket apples (40-lb. baskets): Jonathans *2.50#i3; Grimes. $2.75413; Werlthies, $3; Pippin. $2.75®3; Delicious, $4; cooking apples. $2.25; Wolf River. At; Idaho Delicious. $3.25. Bananas—64lßc lb. Berries—Cranberries, $7.50(®8 one-half barrel. Cocoe.nuts—Jamaica, $6.50 per 100. Grapefruit—Florida. $4.75445.50. Grapes—Lady Fingers. $3.50 lug; California Malagas. $2.75 lug; California Emperors. $5 keg $2.40 lug. Kumquats—Florida. 25c auart. Lemons—Florida. sß® 10.50 crate. Limes—Jamaica. $3 per 100. Melons—California Casabas. $3 crate Oranges—California. s6#B crate; Florida. $5.50447 crate. Pears—Washington Bose, $6.25 per box: Florida Avocados. $5 p-r dozen; Washington D'AnJous. $6 box. Persimmons—lndiana $1.75 crate. Pomegranates—California. $3 crate. Satsumas—Alabama. $2.75 half bu. VEGETABLES Artichokes—California. $2 per dozen. Asparagus—California. 75c per bunch. Beans—Southern. $2.50443 per hamper. Beets—H. G.. 35c dozen. Brussels sprouts—2sc lb. Cabbage—H. G., l%#2c lb.: red cabbage. $1.75. Carrots—H. G.. 40c doz.; bulk. sl®l 25 bu. Cauliflower—California. $2 75 orate. Celery—Michigan. Highball.- $1 cratesl.3s flat crate; Mtohlgnn rough. $3 per 2-3 crate: Michigan washed, 500 a doz. Celery cabbage—sl.2s doz. Chives—Pots, $1 50 doz. Cucumbers—Hothcuse. $1.75 doz.: southern. $1.25 doz. Eggplant—H. G., $2®2.50 doz. Endive— 50c doz. Garlic—California. 15c lb. Kale—H. G. 75c bu. Leek—soc bunch. Lettuce —Calilornia. head, $5 50> crate: hothouse, leaf, 75c 16 lbs. Mushrooms—9oc lb. Onions— Spanish. $2,254/2.50 crate; Indian i white. $2.50 per 100-lb. bag: Indiana ve.low, $2 per 100-lb. bag; Indiana red, $2 per 100-lb. bag; vellow, red, $1.25 per bushel: white. $1.75 bu. Ovsterplant—4oc doz. Parsley—soc. dozen. Parsnips—sl.3s bu. Feppers-Fingers. 75c peck: mangos* $1.35 bu: pimentos. 75c peck: Florida manCO€S $4 crate. Potatoes— Wisconsin whites. $2.90 IM1b bag: Minnesota Russets. $2.40 120-lb. bag; Minnesota Red River Obios. $2.35 120-lb bag; Idahos. $2.40 110-lb. bag; Idaho Bakers. $3.50 per box. Radishes—Hothouse buttons. 50c dozen; long red or white. 35c dozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. G.. $1 b'l. Souash—Hubbard, $3 bbl. S Sweet potatoes—lndiana Jersey mediums. $1.25 bu: Eastern Shore. $2.75 bl.. Indiana Jerseys. $2.25 b'l. Tomatoes—California. $5 crate, $2.60 30lb. lug. „ . Turnips H. M^bu. Standards—s2.so gal.: select. $3 gal. CIDER Cider—ss.so 14 gal.; $4.50 6-gal. case $4.75 12 half-gal. jars.
CONGRESS WILL FIGHTHGER Dickinson Sees Opposition to Rail Consolidation Law. Bu United Press WASHINGTON, Nov. 21.—A congressional fight over railroad consolidation legislation was indicated in a statement today by Representative Dickinson (Rep.) of lowa, leader of the House farm bloc, opposing the proposed merger of the Northern Pacific, the Great Northern and the Chicago, Burlington & Quincy. Congress, Dickinson declared, will take a “very sharp interest” in this proposed merger and in consolidation legislation early in the coming session. He said he will oppose the Pa/ker bill, providing voluntary consolidations, which will be introduced again. The proposed Northwestern rail merger, he said, “does not appear to be in the public interest” and “would create unbalanced competition of a sort to jeopardize the interests of the Northwest generally.” Publicity Concern Dickinson’s statement opposing this merger of the roads built up by the late James J. Hill and J. P. Morgan was put out by a Philadelphia publicity concern. The same agency is also handling publicity for the Chicago, Milwaukee & St. Paul reorganization, promoted by Kuhn, Loeb & Cos. of New York, known generally as rivals of the Morgan interests in railroad financing. The plan for the Northwest merger, Dickinson said, is essentially that ’ of the merger during the Roosevelt administration which was broken up by the Government’s victory in the “Northern securities suit,” which Dickinson described as ‘one of the greatest legal battles of the beginning of the present century.” See Scheme Revival “What we now see is an effort to revive the scheme which was so signally defeated a little more than twenty years ago,” he said. Dickinson pointed out that the lowa board of railroad commissioners had asked to intervene in tire case, pending before the interstate commerce commission, on the ground that the merger would endanger lowa’s transportation facilities and that the lowa Traffic League also holds this view.
In the Sugar Market
* McKinnon) NEW YORK. Nov. 21.—Colonel Tarafa is scheduled to meet the Dutch interests in Amsterdam todav in an endeavor to bring them in line in a matter of curtailment of production. Press reports this morning indicate that the task will not be particuarly easy, and that the discussion tnav carry over two or three days. The probability is that some compromise will be agreed to in the end. There will he a period of hesitation In the market, while these negotiations are on. but I still think it wpli to adhere to the long side. Bu United Press NEW YORK. Nov. 21.—Sugar futures opened unchanged to 2 noints higher December. 2.84: January, 2.89: March. 2 90; May, 2.98; July. 3.06; September. 3.14.
Local Wagon Wheat
Local grain elevators are paving $1.29 for No. 2 red wheat. Other grades are purchased on their merits. ASKS. JURY CANDIDATES Special Prosecutor at Peru Questions Men for Keifer Trial. Bu United Press PERU, Ind., Nov. 21.—Slow progress was made here today in the selection of a jury at the opening of the trial of William J. Keifer, 57, Kokomo poolroom proprietor, for the murder of Mrs. Catherine Russell, who was found dead in her apartment on Jan. 14, 1924, with a bullet through her breast. Indications were that the State would ask the death penalty as Special Prosecutor Guy R. York questioned prospective jury candidates as to their sentiments toward capital punisliment. A special venire of thirty had been called, but It was anticipated tliat another would be necessary before satisfactory Jurymefi could bas obtained.
WHEAT, CORN HIGHER; OATS BEGIN LOWER Major Grain Display Higher Tone on Foreign Cables. Bit United Press * CHICAGO, Nov. 21.—Corn and wheat were fractionally higher, but oats had lost its steadiness of the last week at today’s opening on the Chicago Board of Trade. Opening figures: Wheat, 14 to %c higher: corn, M to higher; oats, Is to ?4c lower. Wheat showed a firm tendency from the start, on higher cables from both Buenos Aires and Liverpool. The Canadian and American situation was not materially changed. Hot winds, with temperatures as high as 112 degrees, were reported doing serious damage to Argentine wheat. ’ Corn was higher in sympathy with wheat and on continued conflicting husking returns. The movement of new corn was noticeably increasing in Nebraska. Receipts at Southwest points were increasing all last week, indicating that farmers are beginning to market the corn in larger quantities. These factors were expected to be bearish, but traders have been frightened by the confused crop reports and the unfavorable yields reported in some sections. Decline of interest in oats was manifest today with the returning activity in other grains. Provisions opened slightly higher. Chicago Grain Table ' —Nov. 21WHEAT— High. Low. 12:00. Tios'zx Dec 1.27% 1.27 1.27% 1.26% Mar 1.32 1 31% 1.31% T. 30% M *c v orn- 13 < !i 131 134,3 *■* Dec 87 % .86% .86% .86% Mar 91 .90 .90 .90% May 94% .93 .93 .93% OATS— Dec .49% .48% .48% .49% Mr .51 50% .51% M 52 51,4 - 51 ’ 1 -52% Dec 1.01% 1.03% 1.04 1.03% Mar 1.07% 1.06% 1.06% May 1.08% 1.07% LARD— Dec 12.02 12.02 12.02 Jan 12.40 12.40 12.37 Mar 12.55 12.53 My ■■ 12.70 12.70 12.70 12.65 Jan 11.45
Produce Markets
Butter (wholesale price) No. 1, 48® 52c; No. 2. 46#48c. Butterfat (buying pricei—48# 49c. Eggs—No. 1 Iresh. averaging 24 ounces to doz.. 46#50c; No. 2,31332 c; general run. 43® 45c. Cheese 1 wholesale sell In gprlces. per pound)—American loaf. 35®33c: pimento loaf. 37®40c: brick loaf. 35®33c; Swiss. No. 1. 42®44c; imported Swiss. CO#62c: Wisconsin flat, mild and sharp. 30#32c: £rtnt cream. 29c; flat Dalsv. 2". 1 28 c; onghom. 28®29c; New York, limberger. 30#34c; Wisconsin limberger. 28®30c. Poultry (buying prices)—Hens. 19#21c: Leghorn hens. IS# 15c: springs. 18# 20c; Leghorn spring*. 14# 15c; roasters. 10® 12c; turkeys young toms. 38# 42; hens. 38# 42c; old toms. 25# 30c; ducks, 16® 17c guineas, young. 50c; old. 35c. Bu United Press CLEVELAND, Nov. 21.—Butter—Extras. In tub lots. 51%® 53%c; firsts, 45%#: 46%c; seconds, 40%#41%c; packing stock, 28a. Eggs—Extras. 56c; extra firsts. 53c; flrsli. 46c: ordinary. 36c: pullet firsts. 26c. Poultry—Heavy fowls. 24#26c; medium. 20 #22c: Leghorn fowls. 14®15c; heavy springers, 25# 26c; few. 27c; Leghorn springers. 21# 22c; cocks. 16# 17c: ducks heavy. 22#21c; medium. 20#21c: geese. 20# 23c; turkeys, young hens and gobblers. 43# 45c. Potatoes-150-lb. sacks. Maine, branded, $3.75; plain. $3.40; New York Gainesville. $3.75; plain. *3.40: Ohio. $3.23 #3.85; Michigan. *3.15# 3.25; Wisconsin and Minnesota. s3# 3.35; 120-lb. bags Idaho bakers. *2.90# 3; 110-lb. bags Colorado Brown Beauties. *2.50# 2.65; 60-lb. f a 35 kS home * rown round whites. $1.25® Bu United Press NEW YORK. Nov. 21.—Flour, steady end. unchanged. Pork—Steady. Mess 534.00. Larch—Dull; midwest spot, $12.60 #'2.70. Sugar—Raw, easy; spot 95 test, delivered duty paid. 4.65 c: refined, dull; granulated. 5.70# 5.90 c. Coffee—Rio No 7. on spot. 14'/,c; Santos. No. 4. 22'/,® 22%c. Tallow—Steady: special to extra. 8%#8%. Hay—Easy; No. 1 sl.lo# 1.15: No. 3. 80# 95c: clover. 65c#*1. -Dressed Doultry—Firm; turkeys. 35# 35c: cnickens, 20#40c; broilers. 22# 38c: fowls, 15#32c’ ducks. 22# 32c: ducks. Long Island, 23® 27c. Live poultry—Bteady to firm; geese. 21# 22c: ducks. 14# 28c: fowls. 16# 28c; turkeys, 45#50c; roosters. 20c: chickens. 16#32c: broilers. 280/40c. Cheese—Steady; State whole milk, fancy to specials. 280/ 29c; young America. 28#28%c. PotatoesLong Island. S2O/4.35: Jersey. s3# 3.25: Pennsylvania. *3.25#3.50; Maine. 52.750/' 3.90; Bermuda. sl2?/18. Sweets—Jersey, basket, 50cO/*2; southern barrels, Sl.lo® 1.75. Butter—Firmer; receipts. 3.305: creamery extras. 50%c; special market. 51 #sl%c. Eggs—Steady, receipts, 55.821: nearby white fancy. 66@68c; nearby State white, 50# 65: fresh firsts, 420/49; Pacific coasts, 53®65c: western whites. 380/56c; nearby browns, 67#'68c.
CITY BONDS TIED UP Hogue Suit Settlement Key to Financial Tangle. Until the quo warranto suit of Joseph L. Hogue, city controller under former Mayor Shank, which seeks to oust Mayor L. Ert Slack is settled, Indianapolis will be unable to sell any bonds, it appeared today. Attorney Charles Remster of the firm of Smith. Remster, Hornbrcok & Smith, bond experts, has refused to approve legality of a $23,000 bond issue of the city sanitary board until the Hogue suit is settled. It probably will be two months before the Hogue action will be ruled on. He cannot anticipate what action the courts will take until the Hogue suit is settled and legality of the present city administration is established in court, Remster said. Official’s Father Buried B" Tim'* Snretal EVANSVILE, Ind., Nov. 21.—Funeral services were held here today for Fred Van Orman, father of F. Harold Van Orman, Indiana lieutenant governor, who died Thursday night. At 10 o’clock this morning all activity ceased at the Hotel McCurdy, deceased having been president of the company, owning it and a number of other hotels. Would Build Short Line Bu United Press WASHINGTON, Nov. 21.—The Texas-New Mexico Railway applied to the Interstate Commerce Commission today for authority to construct a thirty-flve-mile line from Monahans to a point on the TexasNew Mexico boundary, in Ward and Winkler Counties, Texas.
Anniversary Observed
JTIW
Here is the home of Wheeler City Mission, Delaware and New York Sts., which today is celebrating the thirty-fourth anniversary of its founding.
NECKLACE GIFT STORY AROUSES ‘STEVEWRATH D. C. Stephenson, from his cell in Indiana State Prison, today added his chapter to the story about a string of pearls he gave Mrs. Arthur R. Robinson in 1924. Lloyd Hill, Stephenson attorney, gave out a statement he said Stephenson issued. Senator Robinson first made public the pearl story. Mrs. Robinson said she had not had them appraised, but was sure they were the department store variety.” The statement attributed to Stephenson by Hill: “It is a matter of profound regret that any political blackguard in Indiana would attempt to place sinister meaning upon formal acknowledgment of a Christmas present supposed to have been sent to Mrs. Arthur Robinson from me in 1924. ‘Nothing Personal “If Mrs. Robinson received a Christmas present from me, there was nothing personal or unusual about the transaction. She was active in politics, just as many other splendid women were. I have no doubt that she may have been one of 200 or 300 persons to whom I sent some small present. “If Mrs. Robinson formally acknowledged whatever was sefit her, the letter was not called to my attention, but vas probably filed by my secretary, who selected all pjesents, sent all letters and telegrams, and considered it merely office routine. For any one to attempt to distort this commonplace incident is a deed of cowardice, of which cnly a despicable cad could be capable. “It should be a matter of shame and humiliation that this rebuke must come from one confined in prison, who administers it in violation of the rules of the political guardhouse and will be brutalized for having the courage and manhood to do a thing that should have been done by every chivalric gentleman in the Republican party who knew the truth and did not
Indianapolis Stocks
—Nov. 21— —Stocks— Bid. Ask. Amer Central Life 550 Airer Creosotlng Cos pfd 101 Vi 103 Belt R R com 68 68 Vi Belt R R pfd 58Vi ... “Cent Ind Power Cos pfd 94 96Vi Cities Service Cos com 51 Cities Service Cos pfd 94 Cititzens Gas Cos com .v 56Va 57>/i •Cititzens Gas Cos pfd 106't ... Commonwealth Loan Cos pfd.,loo 1 ,* ... Equitable Securities Cos com... 51 ... Hook Drug Cos Com 30 Vi ... Indiana Hotel com 'ClayDooli. .125 ... Indiana Service Corp pfd 85 ... Indiana Hotel pfd 101 Indianapolis Gas com 61 C3Vi Indpls & Northwestern pfd ... 53 Indpls P and L 6'/aS pfd 102 Vi 103 Vi Indpls P & L 7s pfd 101 102% Indpls Pub Wei Ln Assn .... 47 Vi ... Indianapolis St Rv pfd 38 42 Indpls Water Cos pfd 103 Indpls Water Wks Sec Cos 98 Interstate P S pr lien pfd... 102 Interstate P S 6s pfd 85’i ... Merchants Pub Util pfd 100 North Ind Pub Service pfd... 93 100 Progress Laundry com 24Va ... Ranh Fertilizer pfd 50 Red Silk Hosiery pfd T H I & E com l‘i ... T II I & E pfd 21 Vi 34 Vi T II Trac and Lt Cos pfd.... 92 Union Trac of Ind com Union Trac of Ind Ist pfd 2 Union Trac of Ind 2d ufd Vi Union Title Cos com 72 82 Van Camp Pack Cos pfd 10 Van Camp Prod Ist pfd 96 100 Van Camp Prod 2d pfd 100 —Bank Stocks — Aetna Trust and Sav Cos 120 .., Bankers Trust Cos 140 ... Cfty Trust Cos 150 Continental National 123 ... Farmers Trust Cos 245 Fidelity Trust Cos 182 ... Fletcher American 176 ... Fletcher Sav and Trust Cos ... .280 T nd'ap a >r atione i Bank 265 268 Indiana T.ust Cos 235 260 .. S:. Bank 162 Marion County Bank 216 Merchants Nat Bank 327 ... Peoples State Bank 230 Security Trust Cos 275 State Savings and Trust 100 Onion Trust Company 475 Wash Bank and Trust Cos 163 Bonds Belt R R and Stockyards 45... 90 Broad Ripple 5s 80’ 2 82 Central Indiana Gas 6s 98 oent and Power Cos 6s 103 Chi S Bend & N Ind 5s 15 Citizens Gas Cos 5s 104 Vi ... Citizens St RR 5s 87% 90 Garv St Ry 5s ■. 89 91 Vz Home T to T ot Ft W 6s 102 Vi ... Indiana Hotel 5s 100 ... Indiana Northern 2 ... Indpls Northern 5s 12 15 Ind Ry and Lt 5s .95 Ind Service Corp 5s 95 Ind Union Tree 5s 2 ... ludp's Col & South 6s 99 101 Indpls Gas Cos 5s 101 Indpl3 & Martinsville 6s 81 Va ... Inrip's Northern 5s 14 17 Indpls & Northwestern 5s 83 ... Indpls Power and Lt Cos 55...100 100'Indpls St Ry 4s 68 68% Indpls Trac Si Term 5s 95V* 95V4 Indpls Union Ry 5s 102 Indpls Water 5 Vis 104 105 Indpls Water Ist 5s 99 Indpls Water 4Vis 97>/a ... Indpls Water Wk Sec Cos 65.. 99 ... Interstate Pub 8 6s 104 ... Interstate Pub S Bs 6Vis 105Vz ... Nlnd Pub Se:v Cos 5s 99Vi ... T H I & E 5s 90 T H Trac and Light 5s 99 Union Trac of Ind 6s 12 15 •x-dlvidend. —Liberty Bosds—--Ist 3 Vis 101.70 101.90 Ist *%s 103.38 103.50 3d 4Vis 100.88 101.10 4th 4‘iS 104.00 104.14 U 8 Tr 4Vis 115.30 115.48 U 8 Tr 4s 110.28 110.54 OSTr 3Vis 107.30 107.48 U 8 Tr 3'as 100.00 100.24 U 8 Tr 3%S : 102.80 102.48 —Sales ** SlO.oyO Union Title com ...... 80 £
have the backbone to make the public statement. Advises Robinson "As for Senator Arthur Robinson, he can paddle his own canoe. If we would carefully study the habits of oup ancient friend, Pythagoras, he would doubtless acquire some valuable political wisdom. “(Note.) Pythagoras is said to have imposed five years’ absolute silence upon certain lieutenants and often devoted months to uninterrupted study on his own part.”
THE CITY IN BRIEF
TUESDAY EVENTS Indiana Farm Bureau Federation convention. Claypool, all day. University of Michigan luncheon, Lincoln. Rotary Club luncheon, Claypool. Gyro Club luncheon. Lincoln. Universal Club luncheon, Columbia Cl Anierlcan Chemical Society luncheon, Chamber of Commerce. Purchasing Agents’ Association luncheon. Severln. / Phi Gamma Delta luncheon. Chamber of Commerce. John Cochran, 14, broke his right leg Sunday afternoon when he jumped from a hepper into a sandpile while playing witlrboys at the Capital Gravel Company, Eagle Creek and Ray St. He was taken to city hospital. Harry Heidcbrinks of 11754 S. Illinois St., was held in city prison on blind tiger, drunkenness and trespassing charges today after C. F. Carrol, night clerk at the Oxford Hotel, told police that he discovered the bed in Heidebrinks’ room on fire. David Webb, Negro, 1612 E. Twenty-First St., told police $Bl was taken from a trunk in his room. Miss Elizabeth Lingo, 26, of 512 S. Noble St., was reported missing to police today. Miss Lingo wore a brown coat, light dress and dull red hat when last seen, her brother said. Lester Jackson, 29, of 1334 N. Livingston Ave., was arrested Sunday by Sergt. Otto Petit on blind tiger and contributing to delinquency charges. Petit said he had evidence that Jackson gave a 17-year-old girl liquor. William Frederick, 2386 English Ave., a taxi driver, was held up and, robbed Sunday by two negroes at Twei^y-first and Harding Sts., who posed as prospective passengers. The bandits took 99 cents, overlooking $5. Articles of incorporation -were filed with the Secretary of State today by James A. Hittle, Edward Hermann and Laurel E. Wallace, for the Hittle Machine and Tool Company of Indianapolis, with SIO,OOO capitalization. The company will manufacture and sell tools, dies, machinery and specialties. A thief entered her home, 3052 Broadway, Saturday night and stole a S7OO diamond ring, Mrs. I. B. Mooshy reported to police today. As she was in her bedroom preparing to retire Sunday night, someone threw a brick through the window, Miss Pauline Carter, Apt. 3, 522 >4 N. Illinois St., reported to police. John Rathinajer, 228 N. Senate Ave., asked police to search for his wife, Alle Rathmajer, 54, who disappeared Saturday. He said she wore a dark plush coat trimmed in braid and might be working in a restaurant* More than 100 boys attended the Y. M. C. A. boys’ “Big Meeting” Sunday. The Rev. L. J. Matthew gave an illustrated lecture on “Thanksgiving.” “The Climbers," Clyde Fitch’s play, will be presented by the Thespis Slub, Butler University dramatic organization, Tuesday night at the Little Theater playhouse. Nineteenth and Alabama Sts. Leading players will be Jane Ogborn, Neil Firestone and Helen Schmitz. STUMP TO BE SPEAKER Will Tell Church Club About Happiness Psychology. Albert Stump, candidate fov Democratic nomination for United Skates Senator, will speak on “The Psychology of Happiness” before the Carrollton Avenue Men’s Club at 6:30 p. m. Tuesday at Carrollton Avenue Reformed Church, Forty-Fourth St. and Carrollton Ave., William Lilly, club president, announced. Hubert Vitz, Ariel B. Mulford, Will J. Hauck and Lilly will sing. Falls on Stove in Faint PETERSBURG, Ind., Nov. 21. Mertice 14, is suffering from deep burns on her hands and face as the result of falling on a hot stove after fainting at her home in Alford.
jNov. 21, mi
Welch Stars for Purdue 1 (Continueed From Page 12) they weakened and Prail slashed oft tackle for a touchdown. The extra point was missed. Wabash stars were Loei\ McCorkle and Lasser, while De Pauw lights were Brandenburg, Firebaugh and Messersmith. Notre Dame had an easy time with Drake and won 32 to 0. Nelmic was the shining star. Colerick, Elder, Dahman and Prelli aslo scored touchdowns. The reserves had an opportunity to show their wares as Rockne continued to rest his varsity. About the best Butler could do against Michigan. State was to carry the leather to the 7-yard line. Watford made several first downs but was not able to score. The final score was 25 to 0. State scoring a touchdown each quarter. Rose Poly lost their home-coming tilt to Hanover, 12-6. The Hilltoppers marched the first kickoff straight to the goal-line and scored in three minutes. They scored again in the second period, with Hammer doing most of the driving. In the fourth quarter Rose counted with a forward pass, Taggart to Marsh. After driving to the two-yard line with three minutes to play, a Rose man was penalized for holding and the Engineers could not recover. Ball Teachers’ College had a tough time of it at Muncie in their home-coming game with Defiance (Ohio). Defiance led, 19-14, at the half. Muncie's defense stiffened in the last half, while the offense continued to function, scoring 13 points to finish the game with a victory for the Hoosiers, 27-19. Schooler, Thurston and Shinn scored for Muncie. Evansville at no time threatened to score against Western Kentucky Normayfenri lost, 27-0. The Kentuckians scored 13 points in the first half and 14 in the second, Reynolds and Williams dividing four counters. Indiana State Normal continued their victory march to defeat De Kalb (111.) Normal, 27-12, at Terre Haute. Dorsett, Sparks and Fissus scored touchdowns for Normal. Next Thursday, Evansville plays McKendree (111.) at Lebanon, 111., and Saturday Notre Dame plays Southern California at Chicago to pull the curtain for all Hoosier colleges.
AGED MINISTER DIES John Wesley Duncan in M. E. Pulpits 50 Years. Funeral services were held this afternoon for the Rev. John Wesley Duncan, 76. retired Methodist minister, who died Friday night at his home, 34 W. Thirty-Second St, following a two-year illness. He had been active in the ministry for the past fifty years. He was admitted to the West Wisconsin conference in 1875 and was transferred to the Southeast Indiana the next year. He served pastorates at Wilmington, Flat Rock, Franklin, Brookville, Greensburg, the east Indianapolis district and the Hall RJace and Grace Churches of Indianapolis. He later served in the Capitol Avenue M. E. Church of Indianapolis and in 1916 was made field agent and later secretary of the Preachers’ Aid Society. He was retired in 1925. The Rev. Mr. Duncan was secre-tary-treasurer of the Indiana Conference Corporation, the business arm of the Methodist Church, more than thirty years. He had written several theological books. • The Rev. Virgil E. Rorer, Meridian Street M. E. Church pastor, officiated at services. He is survived only by his widow, Mrs. Nellie O. (Odair) Duncan, to whom he was married in 1890. Card of Thanks CARD OF THANKS—Erna M. and Elizabeth M. Busselle—We wish to express our appreciation for the kindness and sympathy shown us during the hour of our sad bereavement, and for the many beautiful floral offerings. Especially do we thank the funeral directors. Planner Ss Buchanan, the American Legion. American Telephone and Telegraph Company, tho Rev. Dr. Shullenberger. Mrs. Anna Stat—naker and our many friends and neighbors. Arthur E. Bussells, Walter and Delbert Branneman. Mr. and Mrs. Fred O. Flv and Familv and Mr. and Mrs. Albert Busselle and Family. Funeral Directors W: T. BLASENGYM Main office, 2226 Shelby Bs. Drexel 2570. undertakers. HISEY Sc TITUB. Wi N. Delaware. LI. 8821, KRIEGER, WM. E. FUNERAL DIRECTOR. 1403 N. Illinois Bt. Main 1154. Res., Bel. 8866-R George Grinsteiner Funeral director. 532 E. Market. Main 0908. J. C. WILSON: funeral parlors, ambulance service and modern automotive eouloment Dr 032i and Dr 0322 BERT 8. GADD. 3130 PROSPECT BT. DREXEL 5307. - — —' “ - Lost and Found
ARTICLES found on Indlinapoli* street cars yesterday
2 UMBRELLAS 3 PURBES 3 PAIR GLOVES 1 COAT 5 PACKAGES Main 2737 CUFF, beaver, lost Monday night. Reward. _ Lin. 5051, DOG; English beagle, brown and white, lost in vicinity of Fonutaln Square. Dr. 6942. Reward. ENGLISH fox terrier, lost or stolen; 10 months old; large, white, with both ear* brown: brown collar with tag No. 3288. Liberal reward will be paid on his return to 1315 N. Alabama. Main 2927. LOBT- IN VICINITY OF PARK AND BROADWAY: LARGE. ORANGE AND WHITE PERSIAN CAT. 609 E. FORTYFOURTH. HUM. 3488. REWARD. SETTER. Red - Irish: lost last Wednesday; gun shy: 3 to 8 miles west of StUesvllle, 1 mile south of National Rd. Dog extremely shy. Valued as children's pet. Llberal reward. FRANK STEWART. Ir. 2388. TRAVELING bag: containing 2 basketball suits of L. Strauss team, near Penney gym, on State St.. Sun, aft. Dr. 5221. Raw. Help Wanted Male SALEMAN: new terr. now open; magazina exper. pref. Call Rm. 633. 218 Massachusetts Ave. CARPENTERS WANTED^ 2742 N. Station St.
