Indianapolis Times, Volume 39, Number 179, Indianapolis, Marion County, 5 December 1927 — Page 13
•i-'JLiIO. Oy 7_
STOCKS BEGIN IRREGULAR BUT IMPROVE TONE General Motors Opens Fractionally Off, Comes Back Later.
Average Stock Prices
Average of twenty industrials Saturday •was 197.34, up .59. Average of twentv rails was 143.44, up .49. Average of fortv bonds was 99.25, off .05. 8 01 lort y Bn United Press NEW YORK, Dec. s.—Prices on the Stock Exchange were irregular at the opening today, but a better tone became evident in the first iew minutes of trading. Trading was again active to such an extent that the tickers began after the first few minutes of operation to print abbreviated quotaions so the tape could keep up with the market. General Motors opened off 1% at 128%, and then came back to 129%. United States Steel was off % at 145%, and then rose to 145%. Nevada Copper and Miami Copper rose to new high ground for the year, the former selling at 19%, up Vt.. Other coppers also were strong. Motor issues were firm and mercantile isues maintained strength. Last week’s rapid advance in railroad and industrial departments stimulated a public appetite for stocks. Large buying orders accumulated from many parts of the country over the week-end and active stocks scored further gains. Canadian Pacific continued the principal feature of the rails, while Montgomery-Ward maintained leadership of the industrials. Price movements around noon were highly irregular. Pan-Ameri-can B was under special pressure, breaking to new low ground for the |jp3ar at 44%, off 1% from the previous close.
Banks and Exchange
INDIANAPOLIS STATEMENT Local banlr clearings today were $3,862,000. Debits were $6,879,000. NEW YORK STATEMENT B)i United Press NEW YORK, Dec. s.—Bank clearings, $625,000,000. Clearing house balance, $119,000,000. FOREIGN EXCHANGE Bn United Press NEW YORK, Dec. s.—Foreign exchange opened irregular. Demand sterling, $4.87 11-16; francs. 3.93%c; lira, 5.41(4c, off ,01 7 /c; belga, 13.97 c, off .00'Ac; marks, 23.89 *%C. up .00%c. LIBERTY BONDS Bn United Press NSW YORK, Dec. s.—Liberty 3%s opened at 102.6. off 2; Ist 4>/s 103.12. off 2; 3rd 4%s 100.25. off 1; 4th 414s 104.1, unchanged.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, Dec- s.—Congress meets today. Wall Street thus far seems to reflect the opinion that the eventual outcome of its deliberations will be constructive, but in the meantime there can be a great deal of agitation of various kinds to cause uncertainty. In ordinary circumstances this would be allowed for, but a stock market that is shaped like an inverted pyramid cannpt resist much pressure from any direction without losing its balance. Everything bullish except the money influence has been left far in the rear. The monthly brokers loans statement is impending. That it will show a large increase is obvious. Will the market take this with its customary indifference? I believe this is clearly a time to lighten your load, as the market is big and buoyant and can easily take it.
Produce Markots
Butter (wholesale price)—No. 1, 49@530; Ho. 2, 46@48c; packing stock. 22@25c. Butterfat (buying price)—sloslc. Eggs—No 1 fresa, averaging 24 ounces to doz., 45c; No. 2. 30033 c; general run. 42043 c. Cheese (wholesale sellm gprlces. per pound)— American loaf. 35 0 38c; pimento loaf. 370 40c: brick loaf, 35 0 38c: Swiss, No. 1. 42 0 44c; imported Swiss, 60®62c; Wisconsin flat, mild and sharp. 300 32c; print cream. 29c; flat display, 27 0 28c; Longhorn. 280 29c; New York, llmberger. 30034 c; Wisconsin llmberger. 280 30c. Poultry (buying prices)—Hens, 19@20c; Leghorn hens, 13© 15c; spring, 18020 c; Leghorn springs. 13@15c: roosters, 10@12c: turkeys, young toms, 35c: young hens. 32 ©3sc; old toms, 25c; old hens. 28©30c; dudks. 15©16c; geese, 13015 c; guineas, young, 30c; old. 35c. Bn United Press CLEVELAND. Dec. s.—Butter—Extra in tub lots. 52%@54%c; firsts, 450 46c; seconds, 42© 43c; packing stock, S2B 030. Eggs—Extras. 54c; extra firsts, 51c; firsts, 43c; ordinary, 37c; pullet, firsts, 27c. Poultry—Heavy fowls. 24c; medium, 20® 22c; Leghorns, 15@16c; heavy springers. 24©25c; Leghorn springers, 19020 c; cocks, 16017 c; ducks, heavy, 21©23c; medium, 20©21c: geese, 20®22c. Potatoes—ln 150lb. sacks, New York, $3.1503.25; Ohlos. $2 35 03: Maine. $3®3.10; Michigan. $2.50 ©2.65; Wisconsin and Minnesota, $2,750 2.85; In 115-lb. bags Idaho russets. $2.75; selected stock. $3.7504. Bn United Press NEW YORK. Dec. s.—Flour—Steady but dull. Pork—Dull; mess, $34.50. Lard Easy; midwest spot. $12.40012.60. Sugar— Raw, dull; spot 96 test, delivered duty, paid, 4.52; refined, dull; granulated, 5.500 5.90 c. Coffee—Rio oN. T. on spot. 13 7 4c; Santos No. 4, 21@22c. Tallow—Dull; special to extra, 8%@8%c. Hay—Quiet; No. 1 $1.1001.15; No. 3.80095 c; clover, 65c® tl. Dressed poultry—Quiet; turkeys. 30©) 0c; chickens, 20038 c; broilers, 220 38c; capons, 30046 c; fowls. 16031 c; ducks, 20® 28c; ducks. Long Island, 2S@27c. Live poultry—Dull; geese, 22©23c; ducks, 14® 28c; fowls, 200 28c; turkeys. 30035 c; roosters, 16c: chickens. 18®28c; capons, 30c; broilers, 30 0 40c. Cheese —Firm; state whole milk, fancy to specials, 28(%@29c; young Americas, 28%©29c. Potatoes Long Island. $204.15; Jersey, $2.50©2.75; southern, *[email protected]; Maine, $203.70; Bermuda. sß®ls. Sweets—Jersey bsaket, 3500*2.25; southern, barrels, (102.25. Bn United Press 1 , , CHICAGO. Dec. s.—Butter—Receipts, 7,634; extras. 50c: extra firsts, 460 47c; firsts, 40%®42%c; seconds, 37©39c; standards. 46c. Eggs—Receipts. 4,619; firsts, 42 ©46%c: ordinaries, 32040 c; seconds. 220 30c: extras, 33%@34c. Cheese—Twins, 26%c; young Americas, 27c. Poultry—Receipts, 7 cars; fowls, heavy, 23c; small, 17©18c; springs, 25c; ducks, heavy, 22c; small, 17c: geese, 20c; turkeys. 250 30c; roosters, 17c. Potatoes—Arrivals, 122; on tracks, 374; in transit, 408; Wisconsin sacked round whites, $1.5001.65; Minnesota and North Dakota sacked round whites, $1.3001.40; and red river Ohlos, $1.3001.40; Idaho sacked russets No. 1, f1.5001.65; partly graded. $1.2501.45. Sweet potatoes—sl.so@2. Mother’s Day Flowers Long Delayed Bn United Press BATAVIA, N. Y„ Dec. 5.—A box of flowers, mailed as a Mother’s day remembrance in 1922, traveled ten miles a year and has just been delivered to Mrs. H. J- Culbertson from Eden Center, abobt fifty miles away.
New York Stocks
**lß3 Thomson A McKinnon*
—Dec. 8— . Prev. Railroads— High. Low. 12:00, close. Atchison 199% 198(4 198'!. 199 Atl Coast It .. 196 Vi ... 196 Vi 197% B & O 122 ... 120% 121% Can Paclffo .... 216% 213 215 312 Vs C Ac O 212'i ... 212% 212% O&NW 91% ... 90% 91 C R I Ac P 109 ... 109 109 Del and Hud .. 198 197% 198 197 Del Ac Lack ... 139 138% 139 139 Erie 65 ... 64% 64% Erie Ist pfd .... 63% ... 63% 63% Gt Nor pfd 101 Lehigh Valley.. 100% 100% 100% 100 K C Southern... 66 64% 64% 65 L&N ....... 155% ... 155% 156% MKAc T 43% ... 43% 43 Mo Pac pfd ... 115% ... JISV4 115% NY Central ...166(4 164% 164% 165 NYNH 4H ~ 57% 61V, 57% 56% North Pacific.. 102 101% 101% 101 Nor Ac Western. 196(4 ... 196(4 196*4 Pere Marq 131% gennsy 65% 65% 65% 65V* Reading 110>* ... 109% 110% Southern Ry ... 143% 143 143% 143% Southern Pac.. 122(4 121% 122 121% St Paul 17% 17% 17% 17% St Paul pfd .... 33vj ... 33% 33% St LAc S W ... 81% ... 80% 81% union & Pa 8 c F ::: ::: MVk w&& pfd-;:: 70 % ,* 9% . 69% Robbers— Ajax 10% 10 10% 9% Eisk.. 16% 16% 16% 16% Goodrich 87 Vi 86% 87% 87 Goodyear 60% 60 60% 58 Kelly Spgfld .... 30% 29(4 29% 29% U S Rubber .... 55 52% 53 53% Equipments— Am Car and F. 105% ... 104% 105 Amer U>co .... 110% ... 110 109% BSid toco ::: ffl Elec 132% i32 132% Pre* ** 42 * ** % rres ey car ... 70(4 Pullman 83% As Wsth A B ......47 46% 46% Wsth Elec ..... 93 91% 93 ggu Steels— Colo le Fuei - 7.7.7 ::: 8* Crucible 87vi ... Pf w ... 50% ... 50% 50 Inland Stl 55% ... 55% 54 Phil R C & I.! 4% •% 41& 43% sf- p she 8 f u ..7.7.7.*. :: Alloy Stee !. .*.'.7.'. -1 28 t, i l tS& Vanadium 57 56 58 V 4 56 Motor*— Am Bo •••••••• M ... 03 iL Chandler 17^ Chrysler 57% 56% *57 56% Con Mo n% n% 11% godge 17% 17% 17% 17% Gabriel 33% ... 33Vi 33% Hudson 0 .‘.7.7.7." 1 60(4 *Bs 7 68% 1 68% JoTan**.*.*.*.*.*.*:.* 31% . Sl * 31% Mack 110 ... i09% 109% Yellow Coach.... 30(4 ... 30% 30% Moon 7% 7 7% 7% Nash 97 95(4 97 96% Packard 52 51% 52 52% Peerless 24% ... 24% 24% Pierce Ar 13 Vi ... 13% 14 Studebkr 57% ... 57% 57% Timken a . r .. 129% m ill 374 m* -&0**.7.*.7. \\'£ *35% 158 IP Mining— Am Sm 177% 176% 177 176% Anaconda 53 52(4 53 52% Cer De Pas ... 67 ... 68% 67(4 J n ;p‘r 20% 19% 20V 19% Jnt Nic 71% ... 70(4 71 ' Kennec 82% ... 82% 82 Magma ......... 49% 48% 48% 48% Tex GAc Sul... 71% ... 70% 71 U 8 Sm 48 47 47% 46% Oils— At Ref 112(4 108 108% 112% Cal Pete 22% ... 22% 22% Freep Tex 99 ... 98(4 68% Houston 163 161% 162 162 IndptOil 25% 25 25(4 24% Mar laud OH .... 34 ... 34 34 Lago 33% ... 33% 34 Pan Am Pete B 46y* 44% 44% 46(4 Pro and Refg... 25 24% 25 25 Phil Pete 41 40% 41 41 Union Oil 43% ... 43% 43 Pure Oil ....... 25% 25% 25% 25% Royal Dutch 47 Shell 26 25% 25Va 26(4 Sinclair 17% ... 16% 17% Skelly 26% 26% 26% 26% S O of Cal .... 55% ... 55Vi 55% SOof N J 39% ... 39% 39% 8 Oof NY 31% 31% 31(4 31% Texas Cos 53(i 53 53 52% Trans Pete 9% 8% 9 9 White Eagle ... 22 ... 22 21% Industrials— Adv Rumely .... 13 ... 13 12% Allis Chaim ... 114% ... 114% 11s Allied Chem ... 152 151 151‘/a 151% Armour A -11(4 ... 11(4 11% Amer Can 71 70 70 Vi 70 Vi Amer H and L.. .. 12 Am Safety R 68% Amer Wool 21% Am Linseed .... 69% ... 66% 70 Coca Cola 126% Cont Can 81 V* ... 80% 81 Cert Prods 525.4 Dav Chem 37% ... 37(4 37 Dupont 318 Famous Players 110% 109% 110(4 109% Oen Asphalt .... 80% ... 80% 81% Int C Engr 53% 52% 62% 53 Jnt Paper 80V, 77% 79% 77% J? 1 H^ r i. 82% ••• 240% 240% May D Stores... 88 ... 88 88% Mont Ward .... 109% ... 109% 108 Nat Lead ... .. liew Owen Bottle 84% 84% 84% 84% Radio ... 93 Vs 92% 03 93% Real Silk 25 24% 25 24% Rem Type ...... 24% ... 24% 24% Sears Roebuck.. 85% 84% $5 85 5 /, United Drug ....190% 189% 160(4 191 Unlv Pipe 26'/* ... 26(4 26%. U 8 O I P 220'% 218 220% 218 U S In A1 94% 90% 92% 94>/ a Woolworth 198% 195(i 198 195% Utilities— Am TAc T 179% ... 179% 179% Am Express ....170 ... 170 168% Am W W 60 ... 60 60% Brklyn Man .... 58% 57% 58 56% Col Gas At E 1.... 91 ... 91 91% Cons Gas 118% 117% 118 117% Interboro 35% 35 15’/. 34% No Amer C 0.... 60% 60% 60% 62'% Peoples Oas ....184 ... 164 164% Phlla Cos 134% 134 134% 133% 8 Oas &El 62(4 61% 61% 62 West Union ....... ... ... 169% Shipping— Am In Corp.... 60% ... 60 60% Am 8 Sc C 3% taMMpfd**.*.*.;V4 ::: a* S* United Fruit ...140(4 ... 140(4 140% Foods— Am Sugar 69 ... 68% 68% A B Sugar ... ... lei/. Beech N 71 68% 71 70 Calif Pkg 69% 69 69% 68% Corn Prods 67 66% 67 66% Cuba C pfd 30% Cfuba A Sugar 20% Flelschmann .... 69(4 68 % 68% 68% Jewel Tea 77 ... 77 76V.. Nat Biscuit ... 167% Pur.ta Ale 29% Postum 1228% ... 122% 122% W Bk (B) 28% ... 28 29 Tobaccos— Am Suma 63% Am Tob 78% Am T (B> 178(4 177 178(4 177% Cons Cigars .... 80% 80% 80% 80% Gen Cigars 71% ... 71% 72 Liggett 122 ... 122 122% Lonllard 40V* ... 4040% R J Rey. 157% 157% 157% 157% Tob P <B) 110 ... 109% 109'/* U Cle Stores.... 34(4 ... 34 34'/ B Schulte R 8 .... 51% ... 51 51%
In the Sugar Market
(By Thomson & McKinnon) NEW YORK, Dec. s.—The sugar futures market continues in Its uncertain position awaiting final official announcement from Cuba. The market for raws is more or less dormant and Is quoted nominally at 2% cents. There have been no developments of a character to Inspire activity, especially as the demand for refined Is slow. I believe the clearing up of the general situation will make for firmer prices for the late deliveries. Bu United Press NEW YORK. Dec. s.—^Sugar opened 1 lower to 2 points higher. December, 2.83; January. 2.83; March, 2.87; May, 2.94; July, 3.02; December, 3.09. L ft N. to Issue Bonds Bn United Press WASHINGTON, Dec. 5. The Louisville & Nashville Railroad today asked the interstate commerce commission for authority to issue $49,503,000 first and refunding 4% per cent bonds, to be held in the road’s treasury pending further orders from commission. Railway t<o Issue Bonds Bu United Press j WASHINGTON, Dec. s.—The Chi--cago, Rock Island & Pacific Railway applied today to the Interstate commerce commission for authority to issue $1,000,000 general mortgage 4 per cent bonds and $1,000,000 first and refunding mortgage 4 per cent gold bonds. Ths general mortgage bonds would be deposited with the Central Union Trust Company of New York, trustee, In exchange for the first and refunding bonds.
HOGS 5 GENTS LOWER HERE IN MOSTWEIGHTS Vealers Take 50-Cent Increase; Other Livestock About Steady. —Hog Pries Range— N°v. Bulk. Top. Receipts. 28. 9.00(0 9.40 9.40 9.000 29. 8.75© 9.10 9.10 14,000 30. 8.75© 9.00 9.00 9,000 8.75© 9.20 0.20 5,000 2. 8.75© 9.10 9.10 8.500 3. 8.50© 9.00 9.00 7.500 5. B.oo® 8.80 8.85 10.000 Opening the week on the Indianapolis livestock market today, hogs were steady to 5 cents lower on the hundredweight. The top was $8.85. Animals weighing 180 pounds up sold in the bulk at SB.BO. Receipts were high at 10,000 and probably had some influence in the weaker tone. The Chicago market opened slow, with practically no early sales. Bidding was about 10 cents lower, with traders asking $8.90 to $9.10 for best butchers. About 58,000 were in the pe,ns 3,000 of which were holdovers. Vealers took a 50-cent increase at the local yards today after two consecutive drops last week. Other livestock was about steady. Heavies Weak Most hogs were unchanged, as heavy weights dropped 5 cents. Packing sows were s7@B, and pigs, 90-130 pounds, sold at $7.25@8. Animals in the 130-160-pound class were [email protected]. Material weighing 160-200 pounds dropped 5 cents on the top and sold at [email protected], ana that 200-250 pounds, at [email protected]. Heavy butchers went at SB.BO @ B.Bk, a drop of 5 to 15 cents. j Prices were steady to strong in the cattle division, with 900 in the yards. Beef steers were in a wider range and higher selling at $10.50 @16.50. Beef cows were unchangea at $7 @8.75. Low cutter and cutter cows went at $4.50@6 and bulk stock and feeder steers were $7.50 @9. Calves Up Best vealers were 50 cents higher, selling at $15@16, and heavy calves sold at $6.50 @-9.50. Receipts were estimated at 500 Sheep and lamb receipts were high at $1,200, with prices about steady. The top was sl4 and bulk animals sold at [email protected]. Bulk cull lambs were 50 cents lower on the top end of the range, selling at $7.50@10. Fat ewes were unchangea at $4,[email protected]. —Hor*— Receipts. 10.000; market steady to lower. Packing sows $ 7.00(® 8.00 90-130 lbs 7.25© 8.00 130-160 lbs B.oo® 8.50 160-200 lbs 8.50© 8.80 200-250 lbs 8.75© 8.80 250 lbs. up B.Bo© 8.85 -CattleReceipts, 900: market steady to strong. Beef steers .$10.50®16.50 Beef cows 7.00® 8.75 Low cutter and cutter cows.. 4.50® 6.00 Bulk stock and feeder steers.. 7.50® 9.00 —Calves— Receipts, 500: market higher. Best vealers $15.00®16.00 Heavy calves 6.50© 9.50 —Sheep and Lambs— Receipts, 1.200; market steady. Top fat lambs $14.00 Bulk fat lambs $13.00©13.75 Bulk cull lambs 7.sotfi 10.00 Fat ewes 4.50® 6.50 Other Livestock Bn United Press CHICAGO, Dec. s.—Cattle—Receipts, 19,000; largely steer run; market, slow; few early sales steady; medium and lower grades weak to lower; she stock and bulls steady; vealers, 50ffi75c lower; medium to good steers, predominating: heavy winds very scarce, best $17.50; bulk early sales sl2© 15; most bulls, $7.25©7.75, heavy weights up to $8; low cutter cows, $5.15©5.25 on earlv rounds; vealers, sl2 downward to big packers; outsiders, $12.50 ©13.50. Sheep—Fat lambs slow around 25c lower than Friday’s average; weighty and plain kinds draggy at downturn; early bulk of good doslrable weighty lambs. $13.75© 14; choice handy weights held around $14.25: few 92-98-lb. lambs, $13©14.75; culls, $10.50©11 mostly; sheep, steady; bulk fat ewes. $6®8.75; feeding lambs, unchanged; comebacks, $13©''13.75; good offerings up to $14.99. Hogs—(Soft or oily hogs and roasting pigs excluded) Receipts, 55.000; market, generally 10c lower than Friday, spots off more; heavy weight, 250-350 lbs., medium to choice, $8.65© 9; medium weights, 200-250 lbs., medium to choice. $8.40©9; light weights, 160-200 lbs., common to choice, $7.85® 8.65; light lights, 130-160 lbs., common to choice, $7.25©8.40; parking sows, smooth and rough, $7.25©8.15; slaughter pigs, 90130 lbs., medium to choice. [email protected]. Bn United Press CINCINNATI. Dec. s.—Hogs—Receipts, 7.000; holdovers. 1,143: market 25c down: 250-300 lbs.. $3.50©;8.90; 200-250 lbs.. $8.75 ©8.90: 160-200 lbs.. $8.50©8.90: 130-160 lbs. [email protected]: 90-130 lbs., $7®8.25: packing sows, [email protected]. Cattle Receipts. 200; calves, receipts 500; market steady to 25c up; beef steers, s9©l4; light yearling steers and heifers, $8.50®13.50: beef cows. $6®8.50; low cutter and cutter cows, $4.75 ©5.50; vealers, $10.50© 14.50; heavy calves, $10013; bulk stock and feeder steers, [email protected]. Sheep—Receipts, 300; market estadv; top fat lambs. sl4; bulk fat lambs, $10013.50; bulk cull lambs, $7 ©9; bulk fat ewes, s4@6. Bn Times Bvecinl LOUISVILLE, Dec. s.—Hogs—Receipts. 2,500; market 25c lower: heavies, $8.90: mediums, $8.50; lights, $7.90; pigs, $5.70© 6.90: stags, $5.90. Cattle—Receipts. 1.100; market steady to strong. Calves—Receipts, 400: market steady: good to choice. $11.50 ©13.50; medium to good, [email protected]; outs, $9 down. Sheep—Receipts, 100; market steady; top lambs. Sll.so®> 12; seconds. $6 ©7; sheep, s3©s. Saturday's and Sunday's shipments: Cattle. 47; calves, 178; hogs, 324; sheep, none. Bn United Press PITTSBURGH. Dec. s.—Hogs—Receipts, 7,000; market 10®15c down- 250-350 lbs., $909.15; 200-250 lbs.. $9©9.15; 160-200 lbs.. $8.7509.15; 130-160 lbs., sß© 9; 90-130 lbs.. $7.75®8; packing sows. s7@B. Cattle Receipt, 700; calves, receipts. 700; market steady; beef steers. [email protected]; light yearling steers and heifers. [email protected]; beef cows, [email protected]; low cutter and cutter cows, $3.5005.25; vealers, $14.50©16.50; heavy calves. $12.50. Sheep—Receipts. 3.000; market steady to 20c down; top fat lambs. $14.80; hulk fat lambs, [email protected]; bulk cull lambs, $8 ©lO. Bn United Press CLEVELAND. Dec; B—Hogs Receipts. 8.800: market 25c down; 250 to 350 lbs., $9: 200 to 250 lbs.. $9; 160 to 200 lbs., $8.75 @9; 130 to 160 lbs., $88.85- 90 to 130 lbs., $8; packing sows. [email protected]. Cattle —Receipts. 900; calves, receipts. $10.50; market steady to 25c up; calves 50c down; beef steers, [email protected]; beef cows, s6©B: low cutters and cutter cows. $4.5005.50; vealers. [email protected]. Sheep—Receipts, 5,400; market for lambs 25c down; top fat lambs. *14.50; bulk fat lambs. $14©14.50; bulk culi lamb $10.50®12: bulk fat ewes, $5®6.50; bulk . ;ecilng lambs, *7 @l2. Bn United Press EAST BUFFALO, Dec. s.—Hogs Receipts, 18,500; holdovers, 724; market weak to 15c down; pigs 25c up; 250 to 350 lbs., $9©9.25; 200 to 250 lbs., [email protected]; 150 to 200 lbs., $8.90©9.25; 130 to 160 lbs., *8.75 @9: 90 to 130 lbs., *8 50©8.75; packing sows. )7.25®8. Cattle—Receipts, 1,750; calves, receipts. 1,700; market 25c to 60c up; calves steady: light yearling steers and heifers, $11.50©15.50; beef cows. *6@B: low cutters and cutter cows, $4.2505.50, vealers. $16®16.50. Sheep—Receipts, 14,000; market 25c to 50c lower; top fat l.mbs, *14.75; bulk fat lambs. $14.50: bulk culi lambs, $11®12; bulk fat ewes. *6.500 7.50. 8, / United Press EAST BT. LOUIS, Dec. s.—Hogs—Receipts, 20,000; holdovers, 1,485: market. 15 @2sc lower; 250-350 lbs., $8.3508.80; 200250 lbs., *[email protected]; 160-200 lbs.. *8.15® 8.65; 130-160 lbs.. $7.5008.40; 90-130 lbs., 1707.75; packing sows. $7.2507.85. Cattle—Receipts, 71000. Calves Receipts. 3,000; market, steers slow to steady; beef steers. $10013.50; light Yearling and heifers, $9011.50; beef cows, $6.50®8; iow cutter and cutter cows, $4.7507.75; vealers. sls 50; heavy calvers. s6© 9; bulk stock and feeder Steers. $6.2509. Sheep—Receipts, 4,000; market, slow; top fat lambs, $13.50013.75; bulk cull lambs, $9; bulk xat twes, $506,
THE IHBIANAPOLIS TIMES
Commission Row
PRICE TO RETAILERS Apples—Fancy barrel apples: Jonathans. $8.50: Bellflowers.' $7.50: Satymens, $8.50 ©9; Grimes Golden. *9. Barrel apples; Grimes Golden. $7.50; Bellflowers, $6; Baldwins, $6: Wagners. $6. Box apples: Delicious, $3.7404.60; Grimes Golden, $2.75 0 3.50. Basket apples (40-lb. baskets): Jonathans. $2.500 3; Grimes Golden. $2.50 02.75; Delicious, *5.25; Wolf River, $2.75 ®3: 20-ounce Pippin. $2.5003; Stavmens, $2.50; cooking apples, $202.25; York Imperials, B grade. $1.75; Staymens, B grade. $1.85: Grimes, B grade. $2.25. Bananas—B®Be lb. Berries—Cranberries, S9OIO one-half barrel. Cocoanuts—Jamaica, $6 per 100. Grapefruit—Florida, $4®4.75 crate. Grapes—Californlt Emperors. $6 keg; $2.50 lug; California Almerta, $2.75 lug. Kumquats—Florida. 25c quart. . Lemons—California. $7.5009.50. Limes—Jamaica, $3 per 100. Melons—California Casabas. $3 crate. Oranges—California. $5.50 0 8.50 crate; Florida. $406. Pears—Washington Bose. $6.25 ner box; Florida Avocados. $5 per dozen; Washington D’Anlous. $6 box. Persimmons—lndiana, $1.75 crate. Pomegranates—California. $3 crate. Satsumas—Alabama. $2.75 ®ialf bu. Tangerenes—Florida. $4.25 a crate. VEGETABLES Artichokes—California, $2 per dozen. Asparagus—California. 7Sc per month. Beans—Southern, $2.250 2.50. Beets—H. G., 35c dozen. Brussels Sprouts—2sc lb. . Cabbage—H. G.. 1%02c lb.: red cabbage, $1.75. Carrots—H. G., 40c doz.; bulk, $101.25 DU* Cauliflower—California, 12.7S crate. Celery—Michigan. $1.35 flat crate; Michigan rough, $3 per 2-3 crate; Michigan washed. 80c®l doz. Celery Cabbage—sl doz. Chives—Pots. $1.50 doz. Cucumbers—Hothouse, $2 doz.; southern. $1.25 doz.; Florida. $6 crate. Eggplant—H. 0., $2.25 doz. Endive—so doz. Gariic—California, 15c lb. Kale—H. CL, 75c bu. Leek—soc bunch. Lettuce—California, head, $6.50 crate; hothouse, leaf, $1.35 15 lbs. Mushrooms—7sc lb. Onions—Spanish. $2.35 02.50 crate; Indiana white. $2.60 per 100-lb. bag; Indiana yellow. $2 per 100-lb. bag. Oysterplant—4oc doz. Parsley—6oc doz. bunches. Parsnips—sl.3s bu. Peas—California telephone. $5 hamper. Peppers—Flners. 75c peck; Florida mangoes. $4 crate. Potatoes—Michigan white. $2.90 150 lbs.; Minnesota Russets, $2.40 120 lbs.; Minnesota Red River Ohlos, $2.35 120 lbs.; $2.40 cwt.; Idaho Bakers, $3.50 box. Radishes—Hothouse buttons, $1 dozen; Southern long red. 35c dozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. G.. $1.35 bu. Spinach—H. 0.. $1.25 bu. . Sweet Potatoes diums. $1.50 bu.; Eastern Shore. $2.75 bbl.: Indiana Jerseys, $2.25 bu.; Nancy Hall. $1.60 hamper. Tomatoes—Hothouse, $3.50 per 10 lbs. Turnips—H. G.. 85c bu. OYSTERS Standards—s3.so gal.; select.. $2.75 gal. CIDER .Cider—ss.so 14 gal.; $4.50 8-gal. case. $4.75 13 half-gal. }ars.
Indianapolis Stocks
—Dec. 5 * —Stocks—- . ~ Bid. Ask. Amer Creosotlng Cos pfd 101% 102% Belt R R com 67% 68’i Belt R R _pfd 59(4 ... Cent Ind Power Cos pfd 94 96 Cities Service Cos com 51% ... Cities Service Cos pfd 94% ... Citizens Gas Cos com 56% 58 Citizens Gas Cos pfd 106 •Commonwealth Loan Cos pfd. 99 ... Equitable Securities Cos com. 51 ... Hook Drug com 30% ... Indiana Hotel com (Claypool). .125 Indiana Hotel p.fd 101% ... Indiana Service Corp pfd 85 Indianapolis Gas com 61% 63% Indpls A Northwestern pfd ... 53 Indpls P a:nd L B%s pfd 103 104 Indpls P L 7s pfd 101% 102% Indnls Pub Wei Ln Assn .... 47% ... Indianapolis St Ry pfd 40 44 Indpls Water Cos pro 103 Indpls Water Wks Sec Co - 98 Interstate P S pr lien pfd.... 103 106 Interstate P S 6s pfd 86% ... Merchants Pub Util pfd 180 North Ind Pub Service pfd... 98% 100 Progress Laundry com .....'. 25 Rauh Fertilizer pfd 50 Real Silk Hosiery pfd T H I & E com 1% ... T H I & E pfd 24 T H Trac and Lt Cos pfd.*.. 93 Union Trac of Ind com V* Union Trac of Ind Ist pfd 1 Union Trac of Ind 2d pfd (4 Union Title Cos com .. 84 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 City Trust Cos 150 Continental National 123 ... Farmers Trust Cos 245 Fidelity Trust Cos 162 Fletcher American 177 ... Fletcher Sav and Trust Cos 280 Indiana National Bank .265 268 Indiana Trust Cos 236 Livestock Ex Bank .} ...162 Marlon County Bank 216 Merchants Nat Bank 328 Peoples State Bank 235 Security Trust Cos 275 State Savings and Trust 100 Union Trust Company 476 Wash Bank and Trust Cos 163 Bonds Belt R R and Stockyards 45.... 90% ... Broad Ripple 5s 80'% 83 Central Indiana Gas 6s 98 Cent Ind Power Cos 6s 103 Chi S Bend dc N Ind 5s 18 Citizens Gas Cos 5s 104 105(4 Citizens St RR 5s 87% 88(4 Gary St Ry Ss 89 91% Home T & Tof Ft W 6s 103(4 ... Indiana Hotel 5s 100 Indiana Northern 3 Indpls Northern 6s .12 15 Ind Ry and Lt 5s 95 Ind Service Corp 5s 95 Ind Union Trac 5s 2 Indpls Col & South 6s 99 101 Indpls Gas Cos 5s 101 % 102 Indpls dc Martinsville 6s 81% ... Indpls Northern 5s 13 17 Indpls & Northwestern 55.... 83 ...i Indpls Power and Lt Cos 55.... 100 100% Indpls St Ry 4s 68 68% Indpls Trac & Term 5s 95% 96 Indpls Union Ry 55.. 102 Indpls Water 5%s 104% ... Indpls Water Ist 5s 99 Indpls Water 4%s 97% ... Indpls Water Wk Sec Cos 65.. 99 ... Interstate Pub S 6s 104 Interstate Pub S Bs 6%s 105% ... N Ind Pub Serv Cos 5s 99'% ... T H I 6s E 5s 91 ... T H Trac and Light 5s 99 Union Trac of Ind 6s 10 13 •Ex-dlvidend. —Liberty Bonds— Liberty Loan Ist 3%s 102.18 102.32 Liberty Loan Ist 4(4s 103.36 103.50 Liberty Loan 3d 4(4s 100.74 100.88 Liberty Loan 4th 4(4s 104.00 104.18 U S Treasury 4V*S 115.46 115.60 U S Treasury 4s 110.60 110.76 U S Treasury 3%s 107.46 107.60 U S Treasury 3%s 100.04 100.22 U S Treasury 3%s 102.60 102.76 —Sale*— SI,OOO Indpls. Power and Light 55.... 100 Commission Approves Applicntion Bn United Press WASHINGTON, Dec. s.—The Interstate Commerce Commission today approved application of the Southern Pacific Railway to acquire control of the Central California Traction Company. The commission held, however, the Southern Pacific must acquire the line jointly with the Western Pacific and the Atchison, Topeka & Sante Fe Railway. The Southern Pacific will purchase as of Dec. 31, 1927, all outstanding; stock and bonds of the line for $2,650,000. 3,000,000 N. Y. Phone Books Ready NEW YORK, Dec. s.—New telephone directories, weighing: 7,500 tons, are ready for distribution here. About 30 per cent of the listings in the 3,000,000 books will be changed. * Births Girls Leo and Mary Fllcer, St. Vincent's Hospital. George and Mary Seel. St. Vincent’s Hospital. Ora and Ruth Rothbone, Methodist Hospital. Zedrlc and Penelope Botkin, Methodist Hospital. Paul and Lois Cook, Methodist Hospital. _ Donovan, and Margaret Oden, 223 N. Hamilton. Ruben and Mary Bally, 761 Elder.’ Morris and Bessie Guynn, 1459 E. Twen-ty-Fourth. Bud and Louise Taylor, 938 N. Adelaide. Allen and Velda Long, 1218 N. Sheffield. James and Maggie Scott, city hospital. Cecil and Esther Metz, city hospital. Boys Thomas and Mary Reedy, Methodist Hospital. Oliver and Mary Davis, 2060 Columbia. Joe and Bertha Schaefer, 313 S. Cincinnati. • Willie and Lela Bolton, 1048 W. TwentySecond. William and Laura Harding. 4413 E. Thiilleth. Jcmes and Nellie-Tansy, city hospital. Leroy and Margaret Carr, city hospical. Luther and Lilly Bewley, 267 N. illley.
TONE OF GRAIN FUTURES WEAK AT PIT OPENING —t — Prices Drop Fractionally on Unexpected Lower Liverpool Reports. Bn United Press CHICAGO, Dec. s.—The tone of all grain futures was weaker at the opening of the Chicago. Board of Trade today. Changes were fractional, as follows: Wheat, unchanged to %c lower; com, unchanged to Vsc lower, and oats, %c off. Liverpool prices were somewhat lower than expected and the undertone of the wheat market here followed the lead. Visible supply figures show a wide range of changes and with navigation officially closed the exact state of the visible supply is still unknown. This fact was expected to induce caution in today’s operations. Com/ reacted from last week’s trend and opened lower. Receipts of new com were expected to increase rapidly this week, but the crop situation remains uncertain. Husking reports are still conflicting. ffTiis morning’s weakness in oats was a surprise, and the Art sign of a reaction from the prevailing bullish trend. Speculative buying and cereal holise demand held the market strong last week. Provisions opened weak. Chicago Grain Table _ —Dec. 5 WHEAT— Prev _ High. Low. 12:00. close! Dec. 1.30 1.29'% 1.29(4 1.30% March 133% 1.32% 1.32% 1.33% m Sorn— *** 1 ' 35/l 134% I,S4 ' A 1>35% Dec. ,91% ,90% .90% .91% March 55% .94% .94% .95% M 98 ' 4 ' 97% • 97 ' /2 • BBVi Dec 5214 .52 .52'/. .52% March 55'% .54% .54'* .55% Dec 1.09 1.09 1.10(4 March 1.10% 1.08% 1.10 May . 1.1 l 1,09% 1.10% LARD— Dec 11.80 11.80 11.82 Jan 12.37 ..... 12.32 12.42 May 12.75 12.65 12.72 RIBS— Jan 11.42 Bu Times Svecinl CHICAGO. Dec. s.—Carlots: Wheat, 21; corn, 82; oats, 74; fye, 5.
Local Wagon Wheat
Local grain elevators are paying $1.31 for No. 2 red wheat. Other grades are purchased on their merits. J
THE CITY IN BRIEF
TUESDAY EVENTS State board of accounts field examiners conference. Statehouse, all day. Rotary Club luncheon. Claypool. American Chemical Society luncheon. Chamber of Commerce. Gyro Club luncheon, Spink-Arms. Purchasing Agents’ Association luncheon, Spink-Arms. Mercator Club luncheon. Spink-Arms. Universal Club luncheon, Columbia Club. Phi Gamma. Delta luncheon. Lincoln. Disciples of Christ Business Men's Commission dinner. Claypool. 6 p. m. Klrshbaum Community Center lecture. < p. m. The lecture to have been given by Ottis Caldwell, director of the Lincoln School of Columbia University, Tuesday at the Orchard School has been postponed. It will be given after Jan. 1. Indianapolis Bar Association will hold its annual dinner and election of officers at the Columbia Club tonight. Rabbi Morris M. Feuerlicht will speak. Bible Investigation Club will hold ladies' night at 6:20 Wednesday at the Y. M. C. A., according to A. L. Roberts, secretary. Results of the membership campaign will be announced. Dr. Samuel McGaughey, 53, of 5219 E. Washington St., a staff physician at the Marion County Hospital for the Insane, is recovering at St. Vincent’s Hospital from injuries suffered in an automobile accident recently. The semi-annual police auction sale of unclaimed property will be held by police at 2 p. m. Dec. 20, it was anpounced tMay. Burglars broke into the E. W. Showalter Company, 31 W. Eleventh St., and the American Art Clay Company, 1511 Bates St., Sunday night by breaking a window in each place. No loot was obtained. The American Art Clay Company has been entered three times within two months. Appointment of J. F. Wetzel as manager of the Indianapolis bakery of the National Bread Company was announced today. He succeeds J. D. Cole, who has been promoted to New York headquarters. Henry McColley, 1202 W. ThirtySecond St., informed police . today that his chicken coup had been robbed of sixteen chickens, valued at $35, Sunday night. Deaths Hattie Snipes. 42. Central Indiana Hospital. pulmonary tuberculosis. Minnie Louise Williams. 41, Methodist Hospital, goiter. Timothy Kennedy, 46. 629 Garfield, myocarditis. Amanda B. Wilkins, 72, 326 .Gongress, chronic myocarditis. Opal L. Elsev, 6 months, city hospital, lobar pneumonia. James Edward Nelson. 64. 1645 Hall PI.. chronic bronchitis. Jennie B. Stelhorn, 64. 6260 Broadway, cerebral hemorrhage. Thomas Francis Murray. 43, 1315 W. Thirty-Third, acute dilatation of heart. Otto Jenson, 47, 5325 Central, acute peritonitis. Ann Elizabeth Dale, 3, St. Vincent's Hoslltal, acute cardiac dilatation. Elizabeth Grimes, 62. 155 Riverside Dr., arteriosclerosis. Mary Josephine Young, 50; 5429 Hlbben, carcinoma. Nora Wolflngton, 47, . 1125 St. Paul, chronic endocarditis. Martha Kalschener, 29, Coleman Hospital, acute peritonitis. Elizabeth Gandlng, 82, 3227 College, cerebral hemorrhage. Katie Ruth Lauderbaugh, 5 months, Riley Hospital, malnutrition. Daisy Levy Livingston, 53. 3902 Central, chronic myocarditis. Mary Alice Jones. 33, 1429 Dawson, lobar pneumonia. Riley Melott, 60, 806 N. La Salle, angina pectoris. Margurlte Paggett, 31, St. Vincent's Hospital. tubercular meningitis. Audra Mays, 73, 2253 Bellefontalne, lobar pneumonia. Lee Benton, 15, St. Vincent's Hospital, accidental. Magdalena Daufel. 70. 1133 Hoefgen, valvular insufficiency. Tillle A. Johnson. 74, 327 S. Gray, cerebral hemorrhage. Mary Dixon, 83, 606 Blake, paral; sis.
Here’s No. 2 Victor for Best Limerick Last Line BY LIMERICK LARRY This limericking is getting good, limerickers! Here we are with the winners to verse No. 2 and another limerick all ready for your “last line” to win the daily, prizes of $5, $3 and $2 and the S2OB StewartWarner console radio donated by the National Furniture Company, 335 W. Washington St, From now on we’ll have “double action” each day—announcement of the winners and anew limerick to work on! Stella Power, prima donna at the Indiana Theater this week, a pupil of Melba, picked the winners of Limerick No. 2. The limerick and the winners: A vaudeville actor one night Tripped and fell on a blazing footlight; He shouted: “This play Gets hotter each day, “TO BURN A FINE ’HAM’ ISN’T RIGHT!” Gladys Bowman, R. R. 6, Box 466, is author of the winning line. “IT NOW MAKES THE ‘SETTING’ IGNITE!” won second place. It was submitted" C. O’Brien, 444 Forest Ave. “SO IT’S ME FOR THE ‘WINGS’ NOW, AND FLIGHT.” written by Mrs. Wilkie O. Moody, 431 Twelfth St., Columbus, Ind.. came in third. Here are the rules! If you haven’t started limericking, begin now! It’s too much fun to miss! 1. Write the cleverest and most fitting last line you can think of. 2. Contestants may use the coupon in The Times or may send in their “last line” on any separate paper. They may send in as many “last lines” for each limerick as they wish. 3. The paper or coupon must bear the same number as the coupon which contains the “last line” limerick as printed in The Times of that day. 4. If any two or more contestants supply equally clever and fitting "last lines,” the judges in deciding the winner will take into consideration neatness and spelling. 5. Anyone, except employes of The Indianapolis Times and the ScrippsHoward newspapers and their immediate families, is eligible to enter this contest, fl. Remember, if you win a prize any day you will, without further work, be eligible for the S2OB grand prize.
Cut Out and Mail to Limerick Larry of The Times (You can bring this to The Times office. 314-20 W. Maryland St., and deposir it ln box provided in the main office if more convenient.)
“Last lines” to limerick No. 8 must be in The Times office by 5 p. m. Thursday, Prize winners announced next Monday.
LIMERICK NO. 8.
A frivolous flapper named Mabel, Monopolized talk at the table; At dinner one night She choked on a bite,
( Write Your Answer on This Line) Name Street and Number City and State
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CIGARETTES
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PAGE 13
RETURN TRIP $ PLANNED BY HOLLYBERRY Times Writer Will Start Back After Seeing Santa Claus. Here is another of Holly 86117*8 stories from Santa Claus' home in Eatirnoland. Berry Is a special Tlmea correspondent accompanying The TlmesKlelnschmidt Polar expedition to And the home of Santa. They obtained movies which are now being shown In Indianapolis neighborhood moviei. BY HOLLY BERRY NORTH POLEVILLE, Esklmoland, Dec. s.—(By Radio.)—The storm, which ha3 interfered with our radio and made it impossible for me to send my dally dispatch for the past few days, has abated and we are once more able to leave Santa’s house and go on long hikes over sparkling snow-hills. Several feet of snow covers everything and it certainly looks like Christmas here. Captain F. E. Klelnschmidt, head of our party, has given us all orders to prepare for the long trip back to civilization. We have been having such a wonderful time since finding this fairy-like home of Santa Claus that we all hate to leave, but our work is ended and we will soon start home. We have found Santa Claus and taken movies of him—they should now be showing in Indianapolis theaters—and all in all our expedition has been a complete success. I will tell you definitely when we are to start home. Meanwhile, the list of Indianapolis children whose names I have found in Santa’s book will continue to be printed in The Times. * They appear in the books in which Santa keeps the name and record of the 25,000,000 children in the world. Frances Feist, Virginia Feist, Bobby Feist, Thomas Albright, Margaret Hagan, Mary Thomas, Willard Thomas, James Thomas, Carl Hagan, James Hagan Richard Ritter, Elaine Rose Ritter, Billie Balch, Norelan Dorsey, Helen Becker, Bobby Becker, Eddie Cottrel, David Wire, Albert Ellig, Thomas J. Connor, Hugh Dorsey Junior Lynn, Joe Foltz, Irene Mann, Eva May Ozment, Frank Spreen, Mary Jane De Hoff, Mary Elizabeth Hank, Billy Shane, Dorothy Ashley, Lucille Decker, Vera Applegate, Lowell Worley and Robert schnell* “Santa Claus,” the movie filmed in northern Alaska and showing Santa Claus in his home, surrounded by his toys, reindeers, little workers and all, are notf being shown in Indianapolis neighborhood theaters and will continue to be shown for the next two or three weeks. The movie can be seen tonigbt at the Ritz, 3430 N. Illinois St., al at the Strand, 1332 E. Washington St.
CANDY
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