Indianapolis Times, Volume 39, Number 183, Indianapolis, Marion County, 9 December 1927 — Page 33
DEC. 9, 1927.
STOCK PRICES IRREGULAR AND SOMEADVANCE Radio Corporation Is Under Pressure as Pool Withdraws.
Average Stock Prices
Average of twenty Industrials Thursday was 193.58, off 1.85. Average of twenty rails was 140.05. off 1.04. Average of forty bonds was 99.28, unchanged. y Bu United Press NEW YORK, Dec. 9.—Stock prices continued irregular in early dealings today, but pivotal shares made narrower movements and several special shares moved forward sharply. Radio corporation was under pressure as the pool which has been supporting the stock was withdrawing. The first sale was at 85, off 2%, with 5,000 shares involved. Later the issue firmed up a point from its low. United States Steel opened steady at 138%, unchanged, and then rose to 138%, General Motors initial sale was at 125%, off % and then rose to 126. Greene Copper established anew record at 115, up %; Curtis Aero was in demand at its peak of 54%. Eiquid Carbonic made a record high at 61%, up %; Atlantic Refining again met heavy selling pressure, dropping to anew low at 104, off 2%. Bullish sentiment was strengthened by impressive resistance to selling pressure displayed by the principal speculative leaders. With these stocks refusing to break on declining car loadings and steel production and rising brokerage loans, the bear crowd became increasingly nervous. Urgent short covering came into the market around noon and vigorous recoveries took place in Steel, General Motors and other leaders. This rally was given stimulus by the growth of the idea that the current recession in general business had practically run its course and that substantial improvement was in sight in particularly the steel and automobile trades. , Further heavy selling was precipitated at the opening today by an increase of $52,000,000 in brokers’ loans reported for the week ended Dec. .7. Bearishness was also inspired by a decrease in the reserve ratio of the Reserve Bank of New York reflecting the recent loss of gold. These factors were taken advantage of by professionals working for lower prices to launch another severe drive on pivotal shares.
* Banks and Exchange
„ FOREIGN EXCHANGE Bu United Press NEW YORK, Dec. 9.—Foreign exchange steady. Demand sterling. 87 i B .-. 1 ?/ ,- 00 1_32: francs. 3.93Vac: Bcl Sa. 13.98 c; mark, 23.86 cs off .01%. LIBERTY BONDS Bi/ United Press NEW YORK. Dec. 9—Liberty 3'is opened at 102.13. off 1; 4th 4'/s 104., un changed; treasury 4%s 115.24, off 2; 4s 110.26, off 1,
Produce Markets
Butter (wholesale price)—No. 1. 500 54c; No. 3. 47@49c; packing stock. 22025 c. Butterfat (buying price)—so@s2c. Eggs—No. 1 fresh, averaging 24 ounces to qoz., 45(r%46c; No. 2, 28®30c: general run, 40042 c. Cheese (wholesale selling prices, per pound)—American loaf, 35038 c; pimento loaf, 37040 c; brick loaf. 37040 c; Swiss No. 1, 42w44c; imported Swiss, 62c: Wisconsin flat, mild and sharp. 30c; print cream, 28@29c; flat display, 29@30c; onghorn. 28®29c; New York limberger, 300 34c; Wisconsin limberger, 284?/30c. Poultry (buying prices)—Hens, 1902Oi; Leghorn hens, 13®15c: spring. 18@21c: Leghorn springs, 14@>15c: roosters. 10® ]3Vac; turkeys, young toms. 35®)38c: young hens, 32 035 c; old toms, 25c; old hens. 28 ®3oc: ducks, 15® 17c; geese, 13015 c; guineas, young, 50c; old. 35c. Bu United Press CLEVELAND. Dec. o.—Butter- Extra in tub lots. 58’'h®54Vac: firsts, 46047 c; seconds, 43044 c; packing stock, 28® 30c. Eggs—Extras, 54c; extra firsts, 51c; firsts, 46c; ordinary. 37c; pullet firsts, 290. Poul-try-Heavy fowls, 24c: few, 25c: medium; 20@>22c; Leghorns, 16017 c; heavy springers, 34®25c4 Leghorn springers. 19@21c; cocxs, 16017 c; ducks, heavy. 21ffi;23c; medium. 19 020 c; geese. 20®22c. Potatoes— Bound white in 150-lb. sacks, new York, *315® 3 .25; Maine. 53.25; Ohios, $2.85©3: Michigan, $2.65®2.75; Wisconsin and Minnesota. $2.5002.60; 115-lb. bags, Idaho Russets, *2.5002.75. ISU United Press NEW YORK, Dec. 9.—Flour—Quiet and steady. Pork—Steady. Mess—s34.9o. Lard - -Steady. Midwest 5p0t—512.154412.25. Sugar—Raw, firm; spot 96 test delivered duty paid, 4.50 c; refined, quiet; granulated, 5.50<@5c. Coffee—Rio No. 7, on spot, 14c: Santos, No. 4, 2l 1 /4®2l’/:iC. Tallow—Easier; special to extra, B>/#B%c. Hay—Dull; No. 1. sl.loffil.ls; No. 3. 80® 95c: clover, 65c®$l. Dressed poultry— Quiet; turkeys, 30® 50c; chickens, 20 w 37c; broilers, 22®38c: capons, 30®47c; fowls, 10 31c; ducks, 20©28c; ducks. Long Island. 2326 c. Live poultry—Steady; geese. 225$ 23c: ducks. 14®28c; fowls. 20®29c; turkeys. 35®'42c; rosters, 14c; chickens, 18®'30c; broilers. 30C< ! 40c. Cheese—Firmer; State whole milk fancy to specials. 20c; young America, 29c. Potatoes—Lopg Island. $2 4.15: Jersey. $2.5003; Maine, $203.70; Bermuda. s7®>ls. Sweet potatoes—Jersey, basket, 50c® $2.25: southern barrels, 50cW S3; Southern basket, 75c®51.35. Butter— Firm; receipts, 7,858; creamery extra, siy a c; special market. 52®52Vic. Eggs— Steady; receipts. 10,257; nearby wnite fanoy, 57@58c; nearby State whites, 48® 56c; fresh firsts, 44ffi48c; Pacific coasts. Eo@ssc; western whites, 38 052 c; nearby browns, 63® 64c. Hu United Pres* CHICAGO. Dec. 9.—Butter—Receipts. 4.42jr, extras. s l',ic; extra firsts, 47%® 49c; firsts, 4H4®44c: seconds, 37®39%c; standards. 47 , /bc. Eggs—Receipts, 2,784; firsts, 42'9>45 1 /jc; ordlnarries, 32®40c; seconds, 32030 c; extras, 33038 ‘Ac, Cheese— Twins. 26VaC; young Americas, 28c. Poultry—Receipts, 5 cars; fowls, heavy, 23c; small, 17@18V4c: springs, 24c; ducks, heavy, 25c; small, 93c; geese, 23c; turkeys, 25ffi32c; roosters, 17c. Potatoes—Too few sales reported to quote, on account of weather; arlvals, 30c; on track, 197; In transit, 401. Sweet potatoes—! 1.50 @2. WOMAN HURT IN CRASH Drives Automobile Into Safety Zone Guard. Blinded by the steam from the boiling radiator of her automobile, Mrs. W. C. Neukom, 32, of 5608 Beechwood Ave., drove into a safety zone guard at Alabama and Washington Sts. at 2 a. m. today. She was slightly injured. Three men, all appearing intoxicated, were in the automobile that struck )an automobile owned by William J. Newell, 704 Madison Ave., parked In front of that address.
GIVEN' AWAY A $lO Raincoat or a $lO Dress (See Page 8)
New York Stocks _ By Thomson A McKinnon
Railroads— Prev. High. Low. 12:00 close. Atchison 193% 192 193 192% At Coast L ....191 ... 191 190% B & O 118% 117% 118% 117% Can Pacific .... .208 205 207 206% C& O !507 ... 207 206% C& N W 86% ... 86% 87% C R & P 108% 106% 106 y, 106% Del &Hud 187 186 186% 186% Del & Lack 136% Erie 61% 61% 61% 61 Erie Ist pfd 61% Gt No pld 99 Lehigh Val 97% ... 96% 97 K O South .... 62% ... 62% 61% L Sc N 150% ... 150 151 M K-& T 42Vi ... 42 42 Mo Pac pfd .... 112% ... 112% 112% N Y cen 160% 159% 160% 160% NYN H & H.. 55% 55 55% 55% No Pacific 98% ... 98% 99% Nor Sc W 190% ... 190% 190% Pere Mara ..... .. ... ... 128 Pennsy 65% 64% 65 64% Reading ... ... 107% Southern Ry ...147% 146% 147 147 Vs Southern Pac ...123% 122% 123 , 122% St Paul 16% i.. 16% 16% St Paul pld ~ .■• 32% St L& S W ... 80% 79% 80% 83% St L &S P ....108% ... 108% 110% Union Pac 191% ... 191% 191% Wabash 65% 65 65 65 Wabash pld 83; Ala“ 10% 10% 10% 10% Fisk ........... 16% 16 16% 16 Goodrich 93% 91 93% 92% Goodyear 58 Vi 58 Vm 58 Vb 51V2 Kelly-Spg 27 26% 26% 26% U S Rubber ... 63 62% 53 62% Am ,U cr& t5 ?:..103% ... 103% 103% Am LOCO 109% iOB 109% 107 Am Stl Fd 54 53% 54 52% Bald Loco 251 Gen Eleo 131% 130% 131 Lima 56 ... 56 55’% N Y Air Bk ::: 41% ... 41% 413/, Pres Stl Car... .. ... ••• 69% Pullman 87 80% 81 80% Westh A B 45% ... 45% 45% Westh Elec 89% 88% 89'/a 90V, Bethlehem 52 51% 52 52% Colo Fuel 76% 74 76% 75% Crucible 85% 84 85% 83 •Gulf St Steel .. 51 ... 50 3 /, 51 Inland Steel ... 54 PRC & I 403/a 39’/, 40% 40 Rep Steel 58% ... 88% 58% U S steel 140% 138 140 138% Alloy 28 % ... 96% 28% Vanadium 53 % 53% 53% 54 . Motors— ~ VAmer Bosch ... 21% Chandler , ... 17% Chrysler 56% 68% 56% 56% Con Motors 11% ... 10% 11 Dodge 19% 18% 19% 19% Gabriel ........ 31% 31% 31% 31% Gen Motors ... 127 125% 127% 125% Hudson 71% 69% 71% 70% in 14% ... 14% 14% Mack 107% 106 107% 107'/* Yellow Cab ..... 31% 31% 3i% 31'/* Moon 6% ... 6% 6% Nash 94% 94% 94% 94% Packard 53% 52% 53 53 Peerless 24% 24 24'% 24 Pierce Arrow 12% Studebaker 56% 56% 56% 56 % Stewart Warner 80 79 79% 80% Timken 127% 126'/, 127 126% Willys Overland. 15% ... 15% 15% White M0t0r.... 36% ... 36'% 36% Mining— Amer Smelting. 172 170 172 171 Anaconda 52% 51% 51% 51% Cer De Pas 64% ... 64% 65'/, Inspiration 19% ... 19% 19% Int Nickel 68% 67% 68% 67% Kennecott 80% 80 80 80% Magma 49% ... 49Vi 49 Tex G and S ... 76'% 74% 78 75% US Smelting... 45'% ... 46% 45 Oils—— Atlan Refg .... 1055% aO 4 105% 106% Cal Pete 22% 22% 22% 23 Freeport Texas. 98% 97’% 98'% 98'/, Houston 1523/, 149 V3 152 151 Indpt Oil 25'4 ... 25% 25% Marland C 33% 33 33 33'% Mid C Pete 28% 27 28% 27'% Lago 32% ... 32'% 32% Pao-Aro Pete B 45 44V, 45 44% Pro & Refg .... 25 ... 24% 25V, Phil Pete T 40 % Union Oil 42% ... 42% 42% Pure Oil 25% ... 25% 25Vi R’y’l Dutch ... 47'% Shell 25% ... 25% 25% Sinclair 18!% ... 16% 16=% Skelly 26 ... 26 26 S O of Cal 55% ... 55 54% S Oof N J 39% ... 39% 39% SOof N Y.... 31V, ... 31% 31% Texas Cos 52'% ... 52'% 52% Trans Pete 9% 9'/, 9Vi 9% Wml Eagle ..... 21% ... 21% 21% Industrials— Adv Rumiy 13% Allis Chaim 113 ... 113 113 V, Allied Chem ...148 147'% 147% 146% Armour A 10% Amn Can 69 68% 69 68% Am H-L . ... 11% Am H-L pfd ... 56% ... 56% 57% Am Safety R.. 55% ... 55'/, 56 Am Wool 213% ... 21% 22 Am Linseed ... 68% 68% 68'% 69 Coco Cola .....124'% ... 124'% 124 Cont Can . ..i. 80 ... 80 80 Cert Prods . 52% Dav Chem .... 40% 38% 39%. 38’% Dupont ........310 ... 310 309 Famous Pi 107'% ... 1073% 107 y Gen Asphlt 75% ... 75% 74% Int C Engr ... 52V, 51 Vs 52 51% Int Paper 76 75 V 2 76 76 % Int Harv 242 ... 242 240% May DSta 86 Mont Ward ....114% 112% 113% 113% Nat Lead ... 12214 Owen Bot 83% ... 83% 83% Radio 87 85 86 87 % Real Silk 24 ... 24 24% Rem Type 25'% ... 25'% 23% Sears-Roeb 85 84% 85 85% United Drug 190% Univ Pipe 5V$ ... 25 25'% U S C I P 212 US In A1 99% 96 99 96% Woolworth 191% 189% 191>% 191 Utilities— Am T & T 1783% Am Express ....168 ... 168 168 Am W W . -87 ... 57 59 Brklyn Man 56 Col Gas & El.. 89% ... 89% 89% Cons Gas 116% 115'% 116 116 Interboro 33V, ... 33% 34V* No Amer Cos 58'% ... 58V, 58’% Peoples Gas 159 Phila Cos „.. 13a S Gas &El 59% ... '59% 59'% West Union 187 Shipping— Am In Corp .... 38 ... 38 38% Am Sand C ... 3% Atlantic G 39'% ~. 39’% 39 In M M pfd 41 40% 41 40'% United Fruit ...139 ... 139 139 Foods— Am Sugar 66=% ... 66'% 67 A B Sugar 16 16 16 16'% Austin N 4% Beech N 68% Calif Pkg 69'% ... 69% 69/s Com Prods 63% ... 63% 64% Cuba C pfd .... 29 ... 29 29% Cuba A Sugar ; 193/. Fleischmann ... 67'% 66% 67 67V* Jewel Tea 76'% ... 76'% 76 Nat Biscuit .....180 ... 179 179'% Punta Ale aot£ Postum 119'% 118% 119 119% W Bk (B) ...... 27 ... 27 27 Tobaccos— Am Suma J , 62 Am Tob 173 17!!'% 173 172 Am T <B> 172'% 172% 172% 172'/, Cons Cigars .... 84'% 89% 84 83'% Gen Cigars 7134 Liggett 121'% ... 121 Vs 121'% Lorillard 39 ... 39 39% R J Rey 155'% ... 155 155'% Tob P CBi 110 V, 109=% 110 109% U Cie Stores 33% ... 33% 33% Schulte R S .... 51 ... 51 51
Local Wagon Wheat
Local grain elevators are paving *1.31 for-No. 2 red wheat. Otner grades are purchased on their merits. P. T. A. TO HEAR MUSIC Shoriridge Students Will Give Program Tuesday Night. Shortridge High School music classes will give their annual Christmas recital Tuesday at 8 p. m. in Caleb Mills Hall at the December meeting of the Parent-Teacher Association. Will P, Wise, Mrs. Laura C. Moag, Mrs. Jean McCormick and Earl Christoph of the music department, will direct the program. The organizations to entertain will be the Sl.ortridge choir, orchestra, band, boys’ and girls’ glee clubs, and the Freshman choruses. EARNINGS ON INCREASE Indianapolis Street Railway Company File* Report for October. Steady growth in earnings of the Indianapolis Street Railway Company is indicated in the report for October, filed with the public service commission An increase of $5,732 in net earnings in comparison with the same period last year is shown. Net earnings were $123,625 as compared with $117,892 for the same month in 1926. Gross earnings were $452,185 in comparison with $467,504, a decrease of $15,318.
HOGS CONTINUE UPTURN TUDAY; RISEJMENTS Top for Best Butchers Is $9.10; Vealers Up 50 Cents. —Hor Price Range— Dee. Bulk. Tbp. Receipts. 2. 11.75(9 9.10 9.10 6.600 3. 8.50® 9.00 9.00 7,500 5. B.oo® 8.80 8.85 10,000 6. B.oo® 8.70 8.70 13.000 7. &.25<W 8.85 8.85 9.500 8. 8.25® 8.90 8.90 8,500 8. 8.65© 8.90 8.90 8.50 C 9. 8.75® 9.10 9.10 9,500 The pork market continued on the upside at the local stockyards today after steady advances Wednesday and Thursday. The top was $9.10 and animals wei*nng 180 pounds up sold mostly at $9.00. Receipts were estimated at 9,500 with 599 holdovers. A strong to 10-cent higher tone developed at the opening of the Chicago market and best early bids for choice heavy weights averaged $9. About 17,000 animals were brought to the yards and as many were held over. Vealers were up 50 cents on the local market and sheep and lambs were strong to higher. Hog Price Range Best butchers, weighing 250-350 pounds, sold at $9 @9.10 an increase in the top of 20 cents. Animals in the 200-250 pounds class were at the same top selling in a 10-cent lower range and 160-200 pound middleweights were $8.75 @9. Lights, weighing 130-160 pounds, were up 10 to 25 cents at [email protected] and pigs brought $7.75 @8.50, an advance of 25 cents. Packing sows were $7.50 @ 8.25, up 25 cents on the low end. Cattle prices were somewhat irregular with 500 in the yard. Beef steers were weak selling at $11.75® 14.75 and cows sold strong at s7® 9.75, an increase of 25 cents on the toj> end of the range. Low cutter and cutter cows were unchanged at $4.50 @6 as were bulk stock and feeder steers at $7.50 @9. / Calves, Lambs Strong Best vealers were up 50 cents again today following a similar rise Thursday, bringing sl6@ 16.50. Heavy calves sold unchanged at $6.50®9.50. About 400 were received. Top fat lambs were up 25 cents to 814 and the bulk sold at sl3® 13.75 Bulk cull lambs were $7.50® 10.50, unchanged. Fat ewes were also steady at [email protected]. Receipts were approximately 500. —Hor*— Receipts, 9,500; market higher. Packing sows 7> 8 7.50® 8.25 90-130 lbs 7.76® 8.50 180-160 lbs 8.50® 8.75 160-200 lbs 8.75® 9.00 200-250 lbs 8.90® 9.10 250 lbs. up 9.00® 9.10 -CattleReceipts, 500; market, Irregular. Beef steers $11.7514.75 Beef cows 7.00® 9.75 Low cutter and cutter cows.. 4.50® S.OO Bulk stock and feeder steers.. 7.50® 9.00 —Calres— Receipts, 400; market higher. Best vealers 816.00® 16.50 Heavy calves 6.50® 9.50 —Sheep and Lambs— Receipts, 500; market strong. Top fat lambs 814.00 Bulk fat lambs [email protected] Bulk cull lambs [email protected] Fat ewes 4.50® 6.50 Other Livestock Bu United Press CHICAGO, Dec. 9.—Cattle—Receipts, 2.000; fed steers in medium supply, practically steady; top, $15.26 for 1145-lb. weights; few short fed at 810.25® 14.75; she stock mostly steady! calves, unchanged; few to outsiders at 814; bulk, sl3® 13.50 to big killers; bulls, unchanged; Stockers ana feeders In only medium demands undertone tending lowe* .Sheep—Receipts, 10,000; open slow, cany trade confined to heavy and trainer lambs, selling around sl4; steady to strong; best handy weights held around sl4 60; shtpppers and feeders steady. Hogj—(Soft or oily hogs and roasting pigs excluded)—Receipts, 17.000; market, mostly strong to 10®25c higher; heavyweight. 250-350 lbs., medium to choice, $8.40@9; medium weight, 200-250 lbs., medium to choice, $8.50®9; light weight, 160-200 lbs., common to choice. [email protected]; light lights, 130-160 lbs., common to choice, [email protected]: packing sows, smoth and rough. 87.25®8.25- slaughter pigs. 90-130 lbs., medium to choice, $7.15 @B.IO. Bu United Press CINCINNATI. Dec. 9.—Hogs Receipts, 3.900: holdovers, 985; market steady to 25c up; 250 to 350 lbs.. 250 lbs., $9.10®9.25; 160 to 200 lbs.. $8.75 @9.25: 130 to 160 lbs.. [email protected]; 90 to 130 lbs., $7®8.50; packing sows. [email protected]. Cattle—Receipts. 400; calves, receipts, 250; market strong; beef steers, s9® 14; light yearling steers and heifers, $8.50® 13.50; beef cows, $6.50®6.85; low cutters and cutter cows. $4.75® 5.75; vealers. sll® 15; heavy calves, slo® 13; bulk Stocker and feeder steers. $8.50© 9.60. Sheep—Receipts. 200: market steady; top fat lambs, Sl4: bulk fat lambs. [email protected]: bulk culi lambs. s7@9; bulk fat ewes, s4@6. Bu Times Special LOUISVILLE, Dec. 9.—Hogs—Receipts. 800; market 25c higher; heavies and mediums. [email protected]; lights and pigs, 88.80 @8; throwouts and stags. $6.75®7.50. Oat. tle—Recelpt*. 200; market steady. Calves —Receipts. 150; market 50c higher; good to choice $12014: medium to good, $9.50® 12; outs. 50.60 down. Sheep—Receipts, 50; market steady; top lambs. $11.50® 12; seconds. sß@7; sheep, s3®s. Thursday’s shipments: Cattle, 31; calves, 73; hogs, 142; sheep none. B ’
Bu United Press *> CLEVELAND, , Dec - —Hogs—Receipts, 2,000, market, strong to 10c up; 250-350 $9,[email protected]; 200-250 lbs., *[email protected]; 180-200 lbs., $909.10; 130-160 lbs.. sß.2s®j $808.85; packing sows, *7.250 7.75. Cattle—Receipts, 160. Calves *T&S, c , e , lpt J. 1 - 50; marke „ c - teady: beef steers. *10@11; beef cows, S6@B; low cutter and T? ws, < *4.5006.50; vealers, *l2OlB. S, I !®*! 1 —Receipts, 1.,000; market*, steady to strong; top fat lambs, *14.757 bulk fat mW 38 *.*. 1 . 4 - 5 ?® 14 - 751 bulk call lambs, *ll SrnVlMltm. eWM ’ * s ® 7: bU,k leedlnE Bu United Press , PITTSBURGH, Dec. 9.—Hogs—Receipts, 3.000, market 15®25c up; 250 to 350 lbs.. i°7Wu *?-250.9.50:130 to 160 lbs.. *8.7509.40; 90 to 130 lbs., *8.2508.50packing sews, *708.25. Cattle—Receipts none; calves, receipts, 100; market strong; nominally *11014; vealers, Bu United Press cefpf T 3 5 B m % s d- 9 , b 3 s s ' *®- B ®S. B -26: 130 to 160 lbs., *8.50®9; 9(S 7 Packing sows, Jlint? 8 7R.. Catt,e T I J® c ! ipt i' 200; calves, receipts, 750, market steady; calves steady and* ywrllng steers heifers. *12.50- vealers, *l£so©lß. JJPiA a t Ihmbs, *14.75; bulk cull lambs, $11012; bulk fat ewes, [email protected]. Bu United Press TOLE .'Q, Dc. 9.—Hogs—Receipts 450; market rong 10c up; hetvles. $8.7508.85; medium.. $8.5008.75; Yorkers, $808.50; good pigs, 87.7508. Cattle— 100; market, strong. Calves—Receipts, light; market, steady. Sheep and lambs—celpts, light; market, steady. Bu United Press EAST ST. LOUIS. Dee. 9.—Hogs Re. celpts, 10,000; holdovers, 3.446- market steady to 15c higher; 250 to 350 lbs., $8.50 09; 200 to 250 lbs., *8.750 9; 180 lo 200 lbs. *8.6509; 130 to 160 lbs.. *808.85: 0 to 130 lbs.. 87.5008.50; packing sows. *7.15 08. Cattle—Receipts. 1,000; calves, receipts, 500; market for steers steady; beef steers, 9b0®12; light yearlings and heifers. *8.50011; beef cows. *6.5008; low cutter and cutter cows, M.7800*: vealers, *14.35; heavy calvers. |6®9: bulk stocker and feeder steers, *709.85, Bheep—Receipts, 1.500; marked-steady; top fat lamb*. *147 bulk fat jambs, 513.50014: bulk culi lambs, *9; bulk fat ewes. *506.
THE INDIANAPOLIS TIMES
In the Sugar Market
(By Thomson Sc McKinnon) NEW YORK, Dec. 9.—lt Is evident that the recent developments as to sugar restrictions have made an unfavorable impression upon Europe, as advices from that side continue bullish. Representative Wood’s resolution introduced In Con?ress advocating free admission of sugar rom West Indian republics other than Cuba Is regarded merely as a political Sesture. The market here shows a tenancy to respond easily to bullish Influences and I continue In the belief that the late crop months should be bought. Bn United tress NEW YORK, Dec. 9.—Raw sugar futures opened unchanged to 1 point higher: December. 2.80; January, 2:85; March. 2.87; May. 2.98; July, 3.03; September. 3,10.
In the Cotton Market
(By Thomson & McKinnon) NEW YORK. Dec. 9.—The cotton mar. ket Is being sold on the theory that retail dry goods establishments, with the possible exception of those with mall order departments, are doing a poor business. The possibility of some curtailment In production bv southern mills is also a factor. A short interest D building up and plenty of food trade buying orders are still on brokers' books. The situation is mixed and prices may work a little lower. Bu United Press NEW YORK. Dec. 9.—Cotton futures opened higher: December, 18.80, up 4; January. 13.75, up 2: March, 18.93. up 5; May, up ?'• J ‘y. 1912 - up October, 18.67, UP 5.
In the Stock Market
(By Thomson Sc McKinnon) NEW YORK, Dec. 9.—The further increase in brokers’ loans draws attention to the already huge totals outstanding on stock exchange collateral. We keep wondering when the limit will bo reached, but the bank3 as yet have given no' sign, unless President Mitchell’s remarks are to be construed as a friendly warning. He discussed the question last night at Chicago from an academic standpoint, although lie id suggest that loans were expanding too rapidly; but until mere is a concrete action in the form of increased rates and scarcity of fund:, we must assume that we are with n the limit. Nevertheless the gitct total stands as a menace, for no one can foretell the moment the readjustment may come. There are no new developments of a bullish nature in the nr-.": :!:ate trade situation,
THE CITY IN BRIEF
SATURDAY EVENTS Indiana History Conference. Claypool, all day. Sigma Alpha Epsi'on luncheon. Chamber of Commerce. Beta Theta Ft luncheon. Board of Trade. McOuffeyites of Indiana, Public Library. 1:30 p. m. Society of Indiana Pioneers dinner, Claypool, 6 p. m. Sigma Chi formal dance, Severin. 9 p. m. J. W. Schwab, 3907 Centra! Ave., today reported to police the theft of a $375 scarf pin set with eleven diamonds from his home. William C, Crossley, 3733 Orchard Ave., today told police a watch and chain and $7 had been taken from his coat which was hanging in the stock room of a downtown department store where he is employed. “Romance and Realism in History” will be the topic of Rabbi M. M. Feuerlicht of the Indianapolis Hebrew Congregation at 8 tonight at the temple. Mrs. Arnold Spencer will direct the choir. Miss Dorothy Knight is organist. A meeting and birthday anniversary will be held by Indianapolis Shrine No. 6, White Shrine of Jerusalem, at 7:15 p. m. Saturday at 119 E. Ohio St. Robert Hughes, railroad brakeman of Muncie, arrested on a Federal liquor charge when he went to the Delaware County jail to visit friends, was brought to Indianapolis today by a deputy United States marshal for a hearing before Fae W. Patrick, United States commissioner. Joseph Blatt, 43, of 5125 Maple Lane, was treated at St. Vincent Hospital for injuries on the head and legs today after his automobile collided with one driven by Claude J. Frederick, 42, of R. R. TANARUS, Box 79, at Fletcher Ave. and State St. TWENTY IN FRATERNITY Phi Beta Kappa Elects Members at Bloomington. Bu Times Svecial BLOOMINGTON, Ind., Dec. 9. Twenty have been elected to membership in Phi Beta Kappa, honorary scholastic fraternity, as follows: Vendel 11. Adamson. Bloomington: Mary Bradfield. Loeansport; Theodore Dann, Newcastle:. Katherine Eckert, Osgood; OUie Iren-i Gardner, Elwren; Gladys H. Martin. Lapel; Ralph Mills. Conrad; Dale Owens, Poseyvllle; Vita Ann Petio. Losantvllle; Mabel Pitman, Lapez; Beulah Bare, Bloomington; Dixon Trueblood, Marion; Edgar Charles Ulrich. Rolling Prairie, and Mildred Woodworth, Elkhart; Mabel Gappinger, Logansport; Gail Logan, Stcokwell; Ruby Randolph. Rockville; Carol Rice, Risington; Vera Rody, Kokomo, and Hester Wood, Peru.
To List Brewery Stock , Bu . United Press LONDON, Ontario, Dec. 9.—Carling brewery stock will be called for trading on the New York Curb and Detroit Stock Exchange in a few days, application for listing the stock having been accepted, Charles Bums, president of the company, said today. A quarterly dividend of 50 cents, payable Jan. 20 to stock of record Dec. 10 was declared at a directors’ meeting here Thursday. Governor’s Double Dies Bu Times Special GREENSBURG, Ind., Dec, 9. Michael McCormick, 72, who bore a close resemblance to Governor Charles Bryan of Nebraska, brother of the late William Jennings Eryan, is dead here. During Charles Bryan’s campaign for Governor in 1924, his picture and that of McCormick were displayed together as “doubles.” Other Livestock Bu United Press EAST ST. LOUIS. Dc. 9.—Hogs Receipts. 10.000; holdovers, 3,446; market steady to 15c higher; 250 to 350 lbs., *8.50 @9 : 200 to 250 lbs.. $8.7509; 160 to 200 lbs., *8.6509; 130 to 160 lbs., *808.85; 90 to 130 lbs., $7.5008.50; packing sows. $7.15@8. Cattle—Receipts, 1,000; - calves, receipts, 600; market for steers steady: beef steers. $9.500 12; light yearlings and heifers. $8.50011; beef cows. *6.5008; low cutters and putter cows. *4.7505.75; vealers. $14.25; heavy calvers, *6@9; bulk stocker and feeder steers. $708.85. Sheep —Receipts. 1,500; market steady; top fat lambs. sl4; bulk fat lambs, $13.50014; bulk cull lambs, $9; bulk fat ewes, ss@6.
GRAIN PRICES UNCHANGEU IN INACTIVE PITS May Wheat, March and May Corn Show Only Changes. Bu United Press CHICAGO, Dec. 9.—Trading in all pits was inactive and prices were practically unchanged, at today’s opening on the Chicago Board of Trade. May wheat and March and May corn were the only futures to show any change. Com tended nearer, with March M cent off and May % cent off; May wheat was % cent higher. The technical position of wheat this morning was stronger. Liverpool was slightly higher than expected, and the buoyancy at Winnipeg Thursday gave promise of continuing today. Export trade was disappointing. Supplies of wheat in all countries excepting Australia appear to be quite ample, but experts predict a very tight adjustment ot world supply and demand before the end of the season. Corn conditions were mostly bearish, belt weather settling down to temperatures low enough to be fine curing, without hindering marketings liquidation Thursday was led by tired holders who were disappointed in the private reports. The trade as a whole was inclined to be cautious, awaiting the Government report due in ten days. Oats continued to disregard fundamentally .bullish conditions, and follow other grains up or down. Provisions opened stronger. Chicago Grain Table WI.EAT— ~ Dec ' prev. High. Low. 12:00. close. March 1.32 1.31V* 1.32 1.31% M corn 153% 1,33,4 1 38,4 *- 33 ™ Dec 88=* .87’% .88% .88% March 92% .91% .92% .92’, May 95’% .95 .95% .95% Oats—- . Dec. ... 51% .51 .511% .51% March 53’% .53% .53% .53% May 55% .55% .55% .55% RYE— Dec. 1.07% 1.07% 1.07% 1.08% March 1.08% 1.08% 1.03% 1.08% May 1.08% I.OBV* 1.08’% 1.08% LARD— Dc 11.55 11.55 11.57 ‘ Jan. ti 13.10 12.02 12,05 12.07 M 12,40 12 '- 40 12 42 Jon 11 37 11.37 11.37 Bu Times Special CHICAGO, Deo. 9—Carlots; Wheat. 11; corn. 167; oats. 80; rye, 11.
Commission Row
PRICE TO RETAILERS FBUITB —^SP le l“:E. ftn<: y barrel apples: Jonathans. $8.50; Bellflowers. $7.50; Satymens. $8.50 @9; Grimes Golden. SB. Barrel apples: Grimes Golden, $7.50: Bellflowers, $6; Baldvlns, $5.75@6; Wagners, $5.i5@6; Jonathan. $7. Box apples: Delicious, $3.74 @4.50: Grimes Golden. $2.76@3 50 Jonatha v -. $3®3.25; Staymens. $3.50. Basket “PPles (40-lb. baskets); Jonathans, $2.50413; Grimes Golden. [email protected]; Delicious, *3.25; Woll River, *2.74 @3: 20-ounce Pippin. $2.50@3: Stavmens, $2.50; cooking apples. s2® 2.25; York Imperials. B grade. *1.75: Stavmens. B grade. *1.85: Grimes. B grade. *2.25. Bananas—6@Bc lb. Berries—Cranberries. $10&10.50 one-helf barrel. Orapefrult—Florida. *4®4.75 crate. 'Orapes—Callfornit Emperors, *6 keg: [email protected] lug; California Almeria, *2.75 lug. Kumquats—Florida. 25c quart. Lemons—California, $9. Limes—Jamaica. *3 per 100. Oranges—California Valencias. [email protected] crate: California Navels. [email protected] crate. Pears—Washington Bose. $6.25 per box; Florida Avocados, $5 per dozen; Washington D'Anjous. *6 box. Tangerenes—Florida. $4.50 a crate. VEGETABLES Artichokes—Callforhia. $2 per dozes. Beans—Southern. [email protected]. Beets—l bu. Brussels Sp-outs— 25c lb. Cabbage—H. 0., IV 2 ®2c lb. . Carrots—sl@ 1.35 bu. bu. Cauliflower—California, $2.75 crate. Celery—Michigan. $1.55 flat crate: Michigan rough, $3 per 2-3 crate; Michigan washed. 50c @1 doz. Celery Cabbage—sl.2s doz. Cucumbers—Hothouse, $2.25 doz.; southern. $1.25 doz.; Florida. $6 crate. Eggplant—H. G., $2.25 doz. Endive—so doz. Kale—H. 0.. $1 bu. Leek—soc bunch. Lettuce—California, head. [email protected]; crate; hothouse, leaf, SI.BO 15 lbs. Mushrooms—7sc lb. Onions—Spanish, $2.35®2.50 crate: Indiana white. $2.50 per 100-lb. bag; Indiana vellow, $2 per 100-lb. bag. Oysterplant—soc doz. Parsley—6oc doz. bunches. Parsnips—sl.3s bu. Peas—California telephone,: 6.50 hamper. Peppers—Finers. 75c peck: Florida mangoes. $4 crate. Potatoes—Michigan white. 83 150 lbs.; Minnesota Russets, $2.40 120 lbs.: Minnesota Red River Ohios, $2.25 120 lbs.: $2.40 cwt. Radishes—Hothouse buttons, $1 dozen; Southern long red. 85c dozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. G., $1.25® 1.50 bu. Sweet Potatoes diums, *1.50 bu.; Indiana Jerseys, $2.25 bu.; Nancy Hall, $1.60 hamper. Tomatoes—Hothouse. $3.50 per 10 lb*. Turnips—H. G.. 85c bu. MISCELLANEOUS Cider—New York. $5.50. 14 gal. keg; $4.50, 6 gal. case; $4.75. 12% gal. Jar. Cocoanuts—s6 per 100. Garlic—lsc per lb. .Oysters—Standards. $2.50 gal.: selects. $2.75 gal. Squash—Hubbard. $3.50 bbl. _ „ HOLIDAY SUPPLIES Holly—Wreaths. $1.75 per doz.; loose. $6 per case. Laurel Roping—sl.so per 20-cord coll. Lycopodium—sl.2s, 20-vard roll. Trees—[email protected]. bundle* of 2. 3. 4. 5 and 6.
Marriage Licenses Lester Orr, 28. of 2721 Station St., veneer worker, and Edith Sites, 25, of 3234 Roosevelt, nurse. Robert Paul, 21, of 8848 Spann, railroad employe, end Opal Garrison, 18, of 4765 English. Albert Tate, 36. of 415 Hanson, factory employe, and Flora Wheat, 34, of 733 N. New Jersey, housekeeper. , ? oy Baker, 37 - Terre Haute, miner, and John Thomas, 36. of 927 Fayette, housekeeper. I i Robert Braunlin. 31. Huntington, Ind.. physician, and Georgia Cantwell, 23, of 1960 Central, stenographer. Building Permits Chester Cones, dwelling and garage, 6370 ntlStOllt $3,000. Wiliam W. Hammond, garage, northwest SIOO MO Thlrt eth an ® Pennsylvania, Fountain Square Realty Company, elevator, Prospect and Shelby, $4,500. Fountain Square Realty Company, elevator, Prospect and Shelby. $2,500. $2 > obo 1 ' Nuversalv - alterations, 1155 Shelby, Watson Starns, furnace, 2473 N. Rural, $345. E. C. Ballinger, dwelling, 4851 English, $3,500. Lawrence Mobley, dwelling, 1555 E. Southern. S9OO. , n Babolasky, heating, 4458 Washington Blvd., $1,200. Zarlng-Poltinhorn, heating, southwest corner College and Highland drive, $1,700. Brandt Bros., garage, 501-03 Chase, S2OO. Charles Waltman, garage, 5374-75 Burgess, $250. Otto V. Hoffman, addition, 1328 8. Alabama, S2OO. Estella Longest, dwelling and garage, 5315 E. Tenth, $5,000. Elwanger, garage, 1034 N. Mount, Mrs. Merev Myers, furnace, 1047-49 S. Randolph. $3lO. K. v. Emmerman. reroof, 4141 Ruckle, *238. Frank Cones, Inclose porch, 3842 Coliseum. *SOO. _ Nora E. Burns, garage, 34b N. Ritter. *275. _ , Darmody apartments, boiler, northeast corner Thirty-second and Central. *6OO. Kuhn Market, smokehouse, 407 W. Michigan. *2,000. Mrs. McCoy, reroof. 1132 Central, *2lB. D. W. Talmage, dwelling, 4467 N. Pennsylvania, *8.500. Thomas McGee, garage, 581-83 N. Belmont, *3M.
William E. Gibson Wins $5 in Limerick Contest BY LIMERICK LARRY Here are the winners of the prize money offered for Limerick No. 6! Today's winning “last lines” were chosen by a poll of The Times editorial office. Times employee and their families are barred from submitting “last lines,” but to keep peace in the office Limerick Larry HAD to let them in on this Limerick fun some way, so here is the limerick and the winning lines: “When I went to college,” dad said, “The team that had me always led; In football or track I showed them my back . “IN DREAMS—AS I LAID ON MY BED.” William E. Gibson, 2238 N. Meridian St., submitted thiMs line. “I WAS FAST, ’CAUSE YOUR MA WAS CO-ED!” won second plan* and $3. It was written by George W. Allison, 254 S. Ritter Ave. Third place and $2 went to John Klelnhenz, 1439 E. Ohio St., for this line: “AS OUT WITH THE WATER I SPED!’*' There’s another limerick today, limerickers, anxiously waiting for someone to put a “last line” onto it! In addition to the daily cash prizes The Times is offering a grand prize for tHe best line submitted during the entire contest of a Stewart.Wamer console radio, given by the , National Furniture Company, 335 W. Washington St. Read the rules and start today! 1. Write the cleverest and most fitting last line you can think of, 2. Contestants mgy 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. 6. 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 ean bring this to The Times office, 314-20 w. Maryland 8t„ and deposit It In box provided in the main office If more convenient.)
“Last lines” to Limerick No. 12 must be in The Times office by 5 p. m. Tuesday. Prize winners announced next Saturday.
LIMERICK NO., 12
A flapper with bright golden hair Thought she’d rather be brunet than fair; Her boy friend’s toupee Filled the bill in a way
( Write Your Answer on This Line) * Name Street and Number City and State ‘
FORGIVING WIFE SAVES HUSBAND FROM PRISON Muncie Man Free After Admitting Mann Act Violation. Bu Times Svecial FT. WAYNE. Ind., Dec. 9.—Kenneth Scott, 23, Muncie, is a freg man today, instead of a convict serving a four-year prison term, because he has a forgiving wife. Pleading guilty before Federal Judge Thomas E. Slick here to a Mann act violation, Scott drew a suspended sentence after his wife declared she was willing to forgive and take him back. Scott took a 16-year-old West Lebanon girl Into Illinois and lived with her as his wife.
I Buy and Sell Central Ind. Power Pfd. NEWTON TODD 415 Lemcke Bldg.
AMUSEMENTS ENGLISH’S T °"£ E I . and NUe | The Messrs. Shubert Present The Greatest of All Operettas Earn Company of 150—Male Chorus of 60. laughs; teaks; thrills! Evenings 50c-*3.30 Saturday Matinee 50c-*2.75 Week Beginning December 12 la Ciand NEW YORK GRAND OPERA COMPANY Monday, Dec. 12 ,AIDA Tuesday, Dec. 18 CAVALLERIA and PAGLIACCI Wed., Dee. 14, Mat FAUST Wed., Dec. 14, Eve .CARMEN Thursday, Dec. 15 FORZA DEL DEBTINO Friday, Dec. 16 OTHELLO Saturday, Dec. 17, Mat AIDA Saturday, Dec. 17. Eve.THOVATOBE Evenings, from 75c to (2.75 Matinees, from 50c to *2.20 SEATS SELLING
COLONIAL—NOW DON AND MAZIE DIXON CO. “SILK HUSBANDS AND CALICO WIVES” TWO BIG SHOWS 7 .and 9 Nltes—loc-25e-50c. 8:15 P. M.
MOTION PICTURES
(.inotun FLORENCE VIDOR IN “HONEYMOON HATE” •• • • Comedy "Xing Harold.” Fox New*. Bud Mclntyre. Ray Wlnings, Emil Seidel’s Apollo Merrymaker*.
38 DEAD REMEMBERED Memorial at Francisco, Ind., for Victims of Mine Disaster. FRANCISCO, Ind., Dec. 9.—This little town today held a memorial service for the thirty-eight men who lost their lives a year ago today in an explosion at Francisco Mine No. 2. The services were held In the Methodist; Church, whose pastor, the Rev. R. L. Morlan, had charge, assisted by the Rev. R. E. Simms, Baptist, and the Rev. Horace Sprague, Episcopalian. MOTION PICTURES
European Motion Picture Sensation “STREETS OF SORROW” and Special Reels for MEN ONLY BAND BOX THEATRE Opp. Traction Station. ALL SEATS 25c
STARTS TOMORROW
/(INDIANA
"TWO ARABIAN KNIGHTS* AWAR COMEDY WITH THE WAR LEFT Ol'T AND THE LAUGHS LEFT IN 1001 LAUGHS
Cup'/jfe-shadowland'
■CONNIE A BAND S N H^^wtTHjiMM^jATTON-SObOjSTj TODAY 1 * CONBADNAfiELinal)^irtylfen*B
PAGE 33
INDIANA TOWN BURNS; Mentone Menaced as Flames Con| * * tinue to Spread. Bu United Press WARSAW, Ind., Dec, 9.—Fire today threatens destruction of Mentone, a town of 1,000 population twelve miles southwest of Warsaw. The flames broke out in the Mollenour restaurant at 8 a. m. and spread quickly to the Jones store. Fire departments from Warsaw and other cities were summoned.
AMUSEMENTS
KeITHS
The Great Show Value! Keith-Albee Vaudeville Finest Feature Photoplays Look at These Prices! EVENINGS 35c, 50c Except Sun da, —Holiday MA TlNEE—2sc—3sc Except Sunday—Holiday SOO SEATS, ALWAYS 150 Sunday—4 oc-600 NOW PLAYING Indianapolis* Own DIANA DANCERS OTHERS AND MARIE EREVOST In “THE RUSH HOUR*
E CARANAS & BARKER SENSATIONAL DANCING STABS I I 1 JACK HUGHES DUO • I I WOODS & FRA WHS MISS MARCELLE 1 | | DOUGLAS & CLAIRE I I I TONY LEVENE & CO. FLYING MARTINE2 VAUDEVILLE STARTS AT 2:00-4:20-7lOO & 9:20
■■'■■MUTUAL 11 '— Burlesque Theater “NAUGHTY NIFTIES” with GEO. (Button) FARES and a Shimmy-Shaking Chorus
MOTION PICTURES
"Circle the show place of I ndiainch
BEGINNING TOMORROW “EAST QTTVC” WEST Oli/L with GEORGE O’BRIEN and VIRGINIA VALLI of story of New York, L, today T —a great romance^ On the stages TRIPOLI TRIO Chicago’s Popular Instrumentalists Vitaphonejpresents hoot Gibson trio "Night Court”—William Demarest Overtures "DANCE OF THE HOURS” Ed Resener, conducting Topics Fable Setvs „, LAST TIMES TODAY Syd Chaplin "THE MISSING LINK” Overture Vilaphontu 'Boyce Combe
FUBLIX PRESENTS ‘Moonlit Watetf CHARUE DAVIS STACHE BAND AND 2° ARTISTS MAURICE NEWS NOVELTY
