Indianapolis Times, Volume 39, Number 188, Indianapolis, Marion County, 15 December 1927 — Page 13

DEC. 15, 1927.

LINDY’S FLIGHT BRINGS BUYING 1 INAIRSTOCKS Wright Aero Goes Up More Than 5 Points; Curtis Up to 65. v

Average Stock Prices

Average of twenty industrials Wednesday was 196.74, o: 1.31. Average of twenty rails was 140.56, off .82. Average of forty bonds was 99.29, unchanged. Bti United Press NEW YORK, Dec. 15.—The fight of Col. Charles A. Lindbergh to Mexico City brought enthusiastic buying into the airplane stocks in early trading on the stock exchange today. Wright Aeronautical soared 5% points to 90 and Curtiss 4% points to 65. Irregularity was noted to some extent, but the general tendency oi the entire market was upward. Pivotal shares advanced, United States Steel rising % to 146% and General Motors % to 128%. Sharp Comeback A sharp comeback was staged by Porto American Tobacco B. Rails were steady to firm, while copper issues held above their previous closing levels. Oils were dull. Buy Mining Shares Trading in the late momini was dominated by an aggressive buying movement in mining shares. Speculative interest in this group was stimulated by recent sharp advances in Green Cananea and Calumet and Arizona and by reports of new ore discoveries by various companies. Anaconda led the advance in the copper group, rising to new high ground for the year at 55%, up 3%. This gain reflected the recent substantial appreciation in the company’s Greene Cananea holdings. Magma which is among the companies with new ore bodies spurted 2% to 51%. Airplane Stocks in Demand Bu United Press NEW YORK, Dec. 15.—Airplane stocks were bought enthusiastically on the New York Stock Exchange today as an aftermath of Col. Charles A. Lindbergh’s successful flight to Mexico City. The same stocks fell off into heavy selling Wednesday when alarming rumors about Lindbergh’s safety spread through the exchange. On the bond market, a broad list of Mexican issues appeared, with prices fractionary higher One of the issues had run up sales of 243 bonds in the first half hour of trading The better tone of the group was ascribed to the hope of better relations with Mexico resulting from the Lindbergh flight.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $3,916,C 00: debits ye re $8,010,000. FOREIGN EXCHANGE Bu United Press . ' NEW YORK, Dec. 15.—Foreign exchange opened steady. Demand sterling, $4.87%, off .001-32: francs. 3.93%c; lira, 5.32%c; Belga, 13.98 c; marks, 23.87%c. LIBERTY BONDS Bu United Press _ ... . NEW YORK. Dec. 15.—Liberty 3%s opened at 102.8, off 3; third 4%5, 100.22, up 2; Treasury 4s. 110.18, unchanged.

In the Stock Market

(By Thomson & McKinnotr) NEW YORK, Dec. 15.—1 t speaks well for the money situation that today’s turnover of government financing and tax requirements have been provided for without noitceable effect. The stock market for the moment is disposed to differentiate more distinctly between its investment and speculative sides. The seasoned stocks show their usual steady resistance to sudden reactions, while the strictly speculative issues are more vulnerable. The sharp declines in some of the more volatile stocks should properly be regarded as danger signals. I think as it now stands the market’s technical position is likely to causo some temporary unsettlement, or at all events a continuation of that same- irregularity which we have witnessed all this month. GIRL THIEVES CAUGHT Promenade of Stolen Finery Viewed By Wife of Victim. Two girls, 14 and 15, who chose the Traction Terminal as the place to display finery stolen from the wardrobe of Mrs. Phillip Rappaport, :;22 E. Twenty-Third St., Wednesday night, made the mistake of discounting Rappaport’s sleuthing abilities. Today they are repenting in detention home. Mrs. Rappaport employed one of the girls as house-maid Wednesday afternoon. Then she left the maid and a girl chum at home while she went shopping. She returned to find her wardrobe looted, the girls gone. Rappaport found them wearing his wife’s raiment at the terminal. He held one for the police but the ether escaped, only to be found later at her home. STIMSON IS SUPPORTED > \ senate Committee to Report Name of Philippine Appointee. f,’l United Press WASHINGTON, Dec. 15.—The Senate Territories Committee unanmously voted today to report the nomination of Henry L. Stimson as governor-general of the Philippine, Chairman Willis announced. Some members reserved the right to oppose the nomination on the floor if they desire. The action indicates confirmation. Sugar Carload Rates Increased Bu United Press WASHINGTON, Dec. 15.—Carload rates on sugar in the southeastern section of the United States wer* increased 27.5 per cent over first-class rates by an Interstate Commerce Commission order today.

New York Stocks

"Ry Thomson & McKinnon"

—Dec. 15— Railroads— Prev. High. Low. 12:00 close. Attchison 192 19114 191‘A 191% At Coast L ~... 167 Vi ... 187 Va 193 B & O .........117% ... 117% 11854 Can Pacific 216 214 216 214 O & O T. 204 V 4 C & N W 8714 ... 87 8714 C R & P 107% ... 10714 107 Vi Del & Hud 186 Del & Lack ....139 138% 139 139 Erie 81 Vi Erie Ist pfd ... 61% 81 81% 6214 at No pfd 99% 99 99% 98% Lehigh Val 96% ... 96 96 K C South 61V4 L & N 152 M K& T 42 ... 41% 42 Mo Pac pfd 114 112% 114 113 N T Cen 162 V 4 161% 162 161 % N YN H & H 59V4 58% 5914 58% No Pacific 99 ... 99 98% Nor & W 192% Pere Marq 126 Pennsy 64% ... 64% 64% Reading 106 ... 105% 105% Southern Ry ....146% ... 146% 146 Southern Pac ...123% ... 123% 12314 St. Paul 18% 18% 17% St Paul pfd .... 33% 33% 33% 33% St L & S W.... 78 ... 78 78% St L & S P ...107% ... 107% 108 Union Pac 193% ... 19314 192% Wabash 86% Wabash pfd 93% Rubbers— Ajax *lO% ... 10% 10% Fisk 16% ... 16 16 Goodrich 92% 91% 9214 92 Goodyear 59% ... 59 59% Kelly-Spg 26% ... 26% 26% U S Rubber ... 56% 56% 56% 56% Equipments— Am Cat & F... 103 ... 103 i 103% Am Loco 107 ... 107 107 Am Stl Fd 67% 65% 66% 66% Bald Loco 252 ... 252 252 Gen Elec 133% 132% 133 13214 Lima ~ . •'• ••• 54% N Y Air Bk 43 Pres Stl Car 70% Pres Stl Oar 120% Pullman 8114 80% 81% 81% Westh A B .... 46% 46% 46% 46% Westh Elec 90% 89% 90% 90 Bethlehem 58% 57% 58% 57% Colo Fuel 81% 80% 81 % 81 Crucible 86 85% 86 86% Gulf St Steel 54% 54% 54% 55 Inland Steel 5414 ••• 54% 54% PRC Ac I 40% 4040% 40 Rep Steel 59% ... 59 60 Sloss Sheff , ... ••• 115% Alloy 28% ... 28% 28% U 8 Steel 14714 146 146% 146, Vanadium 59% 58% 5814 58% Amer Bosch 20 ... 20 20% Chandler 15 ... .15 15 Chrysler 60 59% 59% 60% Con Motor 10% ... 10% 1014 Dodge 19 18% 19 19 Gabriel 31 27% 28 31% Gen Motor .... 129% 128% 128% 128 Hudson ........ 73% 72% 73% 72% Hupp 34 Vi 33% 33% 33% Jordan 15 ... 15 14% Mack ;. 10914 108% 109% 108% Yellow C 34% 33% 34% 33% Moon 6% ... 6% 6% Nash 97% 97 97% 96% Packard 56% 56%, 56% 57 Peerless 23 22% 23 22% Pierce Arrow .. 1314 ... 13% 14 Studebaker .... 60% ... 59% 59% Stew Warn 81% ... 81% 81% Timken ........ 133% 131% 132 129 Willys Overland. 17 ... 16% 16% White Motor ... 3614 ... 36% 37 Mining— Amer Smelting .176% 172% 176 17214 Anaconda 5514 52% 55 52% Cer De Pas .... 66% 65 66Vi 65% Inspiration 20% 19% 20% 19% int Nickel 74% 73% 74 73% Kennecott 83% 81% 83% 81% Magma 51% 49% 51 49% Tex G and S ... 77% 76% 76% 76% U S Smelting .. 47V4 45% 47Vi 45% Oils— Atlan Ref 107% ... 107% 108 Cal Pete 23% Freeport Tex .. 106 105% 106 104% Houston 154% ... 152 15314 Indpt Oil 25% Marland C 33% ... 33% 33% Mid C Pete .... 27% ... 27% 2814 Lago 32% ... 32% 32% Pan-Am Pete <B) 44% ... 43% 44% Pro Ac Refg 2114 Phil Pete 40% ... 40 40*4 Union Oil 44 ... 44 44 Pure Oil 25% ... 25% 25% Royal Dutch 47% Shell 2514 ... 25*4 25% Sinclair 1714 ... 17 17 Skelly 25% S OOf Cal 54% ... 54% 55 SOof N J 3914 ... 3914 39% SOof N Y 31 Vi ... 31*4 31*4 Texas Cos 52% ... 52% 53 Trans Pete 914 ... 9*4 914 White Eagle ...._ 21% 21% 21% 21% Industrials— Adv Rumely ... 12Vi ... 12% 12% ■Alls Chaim .... ..,3 ... ... 115% Allied-Chem 153% 152*4 153 151% Armour (A) .... 10% ... 10*4 10% Amer Can 71% 70% 71*4 71 Amer H L pfd 57*4 Am Safetv R... 57 58 57 56 Amer Woolen ... 21% ... 21% 21% Am Linseed .... 66*4 ... 66% 66% Coca Cola 124% 124 124% 124% Cont Can 84*4 88% 84*4 83% Cert Prods 54% Dav Chem 42% 41% 42 41% Dupont 315 ... 315 316*4 Famous Players 107% 107*4 107% 109% Gen Asphalt .... 77*4 ... 77*4 77% Int C Engr 54% I 53% 54 53% Int Paper 77% / 76% 77% 76 Vi Int Harv 241 Vi May D Stores.... 85% ... 85% 86 Mont Ward 116% 115*4 116*/* 116 Nat Lead 130 Vi Owen Bot 84 Radio 90*4 86% 89 86% Real Silk 22% Rem TVpe 23*4 ... 23Vi 23% Sear9-Roeb 26% 84% 85*4 85 United Drg 192 ... 192 192% Unlv Pipe ... ... 26 U S In A1 108% 106% 108*4 106 Woolworth 191*4 190% 190% 191% futilities— Am T Ac T 182% 182% 182% 182 Am Express ..: 171% Am W W 61% 61 61% 61 Brklyn Man 57 Col Gs Ac E 1... 92*4 91Vi 92 91% Cons Gas 118 ... 117*4 116% Interboro 34 No Am Cos 60% 59 60 59*/r Peoples G 184% 162% 164 1 62% Phila Cos 149i S Gas and El.. 60% 60% 60% 59% West Union 171% Shipping— Am In Corp.... 58V4 5t% 58 57% Am S Ac C ... 3*4 3*4 3 Atlantic G 38 In M Mpfd 40% ... 40% 40% United Fr y 142% 142 142% 142 Foods— Am Sugar 74 ... 74 74 A B Sugar .... 17% ... 17% 18 Austin N <% ... 4% 4% Beech N 69% ... 69Vi 69% Calif Pkg 73% Corn Prods .... 64 ... 64 64*4 Cuba C pfd.... 30% ... 30% 30% Cuba A Sug 20*4 ... 20*4 20% Fleischmann ... 67% ... 67*4 67*4 Jewel Tea 80% Nat Biscuit ....174 173 174 172% Punta Ale 30% ... 30% 30% Postum 121% 121 121% 120 WBk B 27% ... 27% 28% Tobaccos— Am Suma 65% 64% 65% 65 Am Tob 174*4 Am T B 174% Cons Cigars ... 82% ... 82% 83% Gen Cigars 78% Liggett 122*4 ... 122*4 122% Lorlllard 39% R J Rey 157'/* ... 157% 157% Tob P B 115% 114% 115 my* U Cig Stor 35 Schulte R 5... 54'/* 53% 54 53%

Local Wagon Wheat

Local grain elevators are paying $1.29 for No. 2 red wheat. Other grades are purchased on their merits.

Produce Markets

Butter (wholesale price)—No. 1. 52@ 55c; No. 3, 48@50c; packing stock. 22®25c. Butterfat (buying price)—sl@s3c. Eggs—No. 1 fresh, averaging 24 ounces to doz., 45®46c; No. 2, 28@30c; general run. 40@42c. Cheese (wholesale selling prices, per pound)—American loaf, 35®38c; pimento loaf, 37®4Cc; brick loaf, 37@40c; Swiss No. 1, 42®44c; imported Swiss. 62c; Wisconsin flat, mild and sharp, 30c; print cream. 28® 29c; flat display. 29® 30c; . onghorn. 28®29c: New York limberger. 30® 34c; Wisconsin limberger. 28ffl30c. Poultry (buying prices)—Hens. 19@20t; Leghorn hens, i3©lsc: spring. 18@21c: Leghorn springs. 14® 15c; roosters. 10® 12c; turkeys, young toms. 38®40c; young hens, 38@40c: old toms. 25®28c; old hens, 32@35c; ducks, 15®17c; geese, 14ffil7cguineas, young. 50c; old. 35c. B,u United Preai CLEVELAND. Dec. 15.—Butter In tub lots, extras. 54®56c; firsts, 47'/ s ®49‘/sc; seconds. 43 , /2@45 1 /2c; packing stock, 30@ 32c. Eggs—Extras. 49c; extra firsts. 46c; firsts, 41c; ordinary, 36c; pullet firsts. 29c Poultry—Heavy fowls. 24®25c; medium, 20@22c; Leghorns. 16@17c; heavy springers. 24@25c: Leghorn springers. 18®20c; cocks, 16@17c; ducks, heavy. 22©24e; geese. 21 ©23c; turkeys, 40© 42c. Potatoes —Round white, 150-Ib. sacks. New York 83.35; Maine, $3.25; Ohio, [email protected]; Michigan, $3.15®3.25; Wisconsin and Minnesota, $2.75(<(2.85; 115-lb. sacks. Idaho russets. $2.50®2.75; selected stocks. $3.75 #4; 105-lb. bags, Colorado brown beauties, [email protected]. Lawyers’ Banquet Friday Bu Times Special KOKOMO, Ind., Dec. 15.—The annual banquet of the Howard County Bar Association will be held here Friday evening with Jesse Pugh, Rushville as the speaker.

PORK MARKET STEADY TOIO CENTSHIGHER Hog Top Goes to $8.75 as Fairly Light Receipts Continue. —Hog Price RangeDec. Bulk. Top. Receipts. 8. 8.65® 8.90 8.90 8,500 9. 8.75(1 9.10 9.10 9,500 10. 8.50@ 8.85 8.85 10.000 12. 8.25® 8.60 8.65 8,000 13. ’ 7.75® 8.35 8.35 11,000 14. 8.50® 8.65 8.65 6.000 15. 8.50® 8.75 8.75 7,000 Heavyweight hogs were up 10 cents on the Indianapolis livestock market today and pigs about 5Q cents lower. Other classes were unchanged. The top went to $8.75 and animals weighing 180 pounds upward sold at $8.60 in the bulk. Receipts were approximately 7,000 with 538 holdovers. Hie Chicago market was fairly active today and bids were 10 to 15 cents higher to a top og $8.60. About 40,000 were brought to the yards with 7,000 held over. ’ v Cattle were lower and sheep and lambs weak. Vealers were steady on the local ifiarket. Pigs Down Heavy animals in the 250-350 and 200-250 pound classes were up 10 cents on the top selling in a range of $8.60 @8.75. Material weighing 160-200 pounds was unchanged at [email protected], as was that weighing 130-160 pounds selling at [email protected]. Pigs, 90-130 pounds, was down 50 cents at $7.50 @8 and packing sows sold in a wider range at s7® 8. Beef animals were weak to lower on the cattle market. Steers were selling at $10.25@ 12.75, and cows brought st@>9.2s. Low cutter and cutter cows were unchanged at $4.75 @6, as were bulk stock and feeder steers at $7.50@9. Vealers Steady Calves were unchanged today after price fluctuations for the last week. The best sold at $14.50@15, and heavy calves at $6.50®9.50. Receipts were estimated at 600. Top fat lambs were quotable at sl4 but the bulk price was 25 to 50 cents lower at a range of sl3@ 13.50. Bulk cull lambs sold unchanged at $7.50@ 10.50 and fat ewes at $4.50@ 6.50. About 700 were in the pens. —Hogs— Receipts. 7,000; market, steady to higher. 250-350 lbs $8.60® 8.75 200-250 lbs 8.60® 8.75 160-200 lbs 8.50® 8.60 130-160 lbs B.oo® 8.50 90-130 lbs 7.50® 8.00 Packing sows 7.00@ 8.00 r—Cattle— Receipts. 900; market, lower. Beef steers $10.25® 13.75 Beef cows 7.00® 9.25 Low cutter and cutter cows.. 4.75® 6.00 Bulk stock and feeder steers.. 7.50® 9.00 —Calves— Receipts. 600; market, steady Best vealers $14.50® 15.00 Heavy calves 6.50® 9.50 —Sheep and Lambs— Receipts. 700; market steady to weak. Top fat lambs $14.00 Bulk fat lambs 13.00® 13.50 Bulk cull lambs 7.50010.50 Fat ewes 4.50® 6.50 Other Livestock Bu Times Special LOUISVILLE. Dec. 15.—Hogs Receipts, 800; market steady; best heavy and medium hogs, $8.20® 8.60; lights and pigs, $7.4007.60: throwouts and stage. s6.2o(<i 6.95. Cattie—Receipts, 100; market steady; calves, receipts, 200; market steady; good to choice, $11.50® 13.50; medium to good, $9.50® 11.50; outs, $9.50 down. Sheep Receipts, 50; market steady; top lambs, sl2® 12.50- seconds, s7®9; sheep. $4 to $5.50. Wednesday’s shipments: Cattle. 30; calves none; hogs, 161; sheep none. Bn United Press CLEVELAND, Dec. 15.—Hogs—Receipts, 2,500; market stecdy to 10c up; 250-350 lbs., $8.85; 200-250 lbs., $8.85; 160-200 lbs., *8.7508.85; 130-160 lbs., $8®8.75; 90-130 lbs., $8 08.25; packing sows, $7.25®7.75. Cattle—Receipts, 200; calves, receipts 250; market slow and steady; beef steers, $10.50 @11.50; beef cows, [email protected]; low cutter and cutter sows. $4.75@6; vealers, $13.75. Sheep—Receipts. 1,200; market steady; top fat lambs, $14.50; bulk fat lambs. $14.25® 14.60; bulk cull lambs, $11@12; bulk fat ewes, $5 @7. B.u United Press PITTSBURGH. Dec. 15.—Hogs—Re'Cipts, 1,300; market steady to 10c up: 250-350 lbs.. $8.75® 8,80; 200-250 lbs.. $8.75® 8.80; 160-200 lbs., $8.50® 8.80: 130-160 lbs.. sß® 8.45- 90-130 lbs., $808.2&; packing sows, $7 @7.50. Cattle—Receipts, none; calves, receipts, 75; market steady; beef steers, quotable sll® 14.25; vealers. $14.500 16.50. Sheep—Receipts, 300; market strong; top fat lambs, $14.75; bulk fat lambs, sl3® 14.50; bulk cull lambs. sß® 10. BnUnited Press EAST BUFFALO, Dec. 15—Hogs Receipts, 896; holdovers, 935; market strong to 25c up; 250 to 350 lbs., $8.75 09; 2()0 to 250 lbs., $3.85 09; 160 to 200 lbs., *8.650 9; 130 to 160 lbs., $808.65; 90 to 130 lbs.. *7.7508: packing sows. $707.50. CattleReceipts, 100; calves, receipts, 200; market slow, steady; calves steady; low cutters and cutter cows. $4.50 06: vealers. sl6® 16.50. Sheep—Receipts. 500: market nominally steady; bulk fat lambs, *l4O 14.50; bulk cull lambs, $10.50 0 12; bulk fat ewes, [email protected].

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: Levi Hall, 702 V 2 N. California FA., Cadillac, from garage at 971 Indiana Ave. Ben Stein, 1134 S. Meridian St., Auburn, 24-294, from same address. Ralph Lemcke. 1044 N. Delaware St., Packard, from that a • tress Maude Heller, 3760 N. Pennsylvania St., Apt. 4, Auburn, 521-732, from in front of that address A. R. McCallum, Michigan Hotel, Chevrolet, 581-117, from in front of 209 W South St. •F. C. Maris, 1311 N. Rural St., Ford, 35-126, from Washington St. and Senate Ave. Walter Bertermann, 241 Massachusetts Ave., Stutz, 83, from 2242 N. Delaware St.

BACK HOME AGAIN

Automobiles reported found by police belong to: City of Indianapolis, Ford 13, found at 1218 W. Thirty-Fo ,rth St. George Parsons, 325 F, Walnut St., Ford, found at 722 N. East St. William B. Skaggs, 333 S. Hamilton Ave., Ford, found -at 1800 W. Morris St. Sell Ancient Ships NEW YORK, Dec. 15.—Models of two English clipper ships and one topsail sloop used as a privateer in 1720 brought $1,280 at a curio auction. A log book kept by William IV while he was a midshipman also was sold. No Wedding March; Prisoner’s Song " NEW YORK, Dec. 15.—Miss Constance Blanchard’s wedding march changed to the prisoner’s song when she was jailed after depositing a worthless check her fiance had given her and tried to draw on it.

THE INDIANAPOLIS TIMES

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, Dec. 15.—Some of the semi-professional traders who sold short lasi week on the spinners’ conference at Sail jburg were showing signs of nervousness in the last few minutes Wednesday. If they start covering. May ought to cross 19 cents, in which event I would advise selling, as I believe we will see lower prices before Christmas. Bu United Press NEW YORK, Dec. 15.—Cotton futures opened higher. December. 18.75, up 8; January, 18.60, up 11; March. 18.78, up 10; May, 18.95, up 10; July, 18.85, up 5; October. 18.53, up 8. OFFERS GOLD BONDS \ Bloomington Limestone Cos. Makes New Issue. Anew issue of $2,600,000 Bloomington Limestone Company of Indiana, first mortgage, fifteen-year, 6 per cent sinking fund gold bonds, Series A, due Dec. 1, 1942, is being offered by George N. Forman <fc Cos. of Indianapolis, at 98% and interest to yield about G. 15 per cent. The company, producers of Bedford limestone, is acquiring the business and properties of the Chicago and Bloomihgtoii Stone Company, the Maple Hill Quarries company, and the Hoadley-Cline Company. All of the companies have had a successful history. Asa result of this consolidation, the company will be one of the two largest producers of Bedford limestone, also known as Indiana limestone. The consolidated balance sheet shows net tangible assets of more than $3,300 for each SI,OOO bond of this issue;.current assets are more than five times current liabilities.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples; Jonathans. $8.5009; Bellflowers. $7.50: Staymans. $8.50 @9; Grimes Golden. SS; R. I. Greenings. $8; Kings, SB. Barrel apples; Grimes Golden. $7.50@8: Bellflowers, $6; Baldwins, $5.7506: Wagners, $5.7506: Jonathan. $7; Winesaps, $6. Box apples: Delicious, s4® 4.75: Grimes Golden. $2.50® 3.50: Jonathans. $303.25; Sfaymens. $3.25® 3.75. Basket apples (40-lb. baskets): Jonathans. $2.5003; Grimes Golden, (2.5002.75: Delicious. $3 25; Wolf River. $2.75 @3; 20-ounce Pippin. $2.50: stavmens, $1!.50®.2,75: cooking apples, $2; York Imperials. B grade, $1.75: Staymans, B grade. $1.85; Grimes, B grade. $2.25: Senator, $2 50: Northern Spvs, *3; Rome Beauties. *2.75; Baldwins, s2.bo; R. I. Greenings, $2.75. Bananas—6@Bc lb. Berries—Cranberries, slOOll one-half barre>. Grapefruit—Florida. 1404.75 crate. Grapes—Caiifornlt Emperors. $6 keg: $2.2502.50 lug; California Almeria. $2.75 lug. Kumquats—Florida, 20c quart. Lemons—California, SBO9 crate. Limes—Jamaica. $3 per 100. Oranges—California Navels. $4.7508.50 crate: Florida. $4.2504.75 per crate. Pears—Washington Bose. *8.25 per box; Florida Avocados. *5 per doien: Washington D’Anjous. $6 box. Tangerenes—Florida, $3.7504.35 a crate. VEGETABLES Artichokes—California. $3 Der dozen. Beans—Southern. $3.25 0 2.50. Beets—l bu. Brussels Sp*outs—2sc lb. Cabbage— H. G.. l%@2c lb. Carrots—slol.2s bu. bu. Cauliflower—California. $2.75 crate. Celery—Michigan. *1.35 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 doz. Endive—so doz. Kale—H. G.. *1 bu. Leek—soc bunch. Lettuce—California, head. $506.50 crate; hothouse, leaf, $2.25 15 lbs. Mushrooms—7sc lb Onions—Spanish. $2.3502.50 crate; Indiana white. *2.50 uer 100-lb. Lag: Indiana yellow. *2 per 10C-lb. bag. Oysverplant—soc doz. Pprs.ey—6oc doz. bunches. Parsnips—sl.so bu. Peas—California teleph*ne.: 8.50 hamper. Peppers— Flners. 75c peck; Florida mangoes. $4 crate. Potatoes—Michigan white. $3 150 lbs.; Minnesota Russets. *2.40 120 lbs.t Minnesota Red River Ohlos, $2.25 120 lb*.; $2.40 cwt. Radishes—Hothouse buttons, 90c dozen; Southern long red, 35c dozen. Rutabagas—sl.7s per cwt. Shallots—7sc doz. Spinach—H. G.. $1.2501.50 bu. Sweet Potatoes diums. $1.60 bu.; Indiana Jerseys. $2.25 bu.; Nancy Hall. $1.60 hamper. Tomatoes—Hothouse. $3.50 per 10 lbs. Turnips—H. G.. 85c bu. MISCELLANEOUS Cider—New York. $5.50. 14 gal. kc e >: $4.50. 6 gal. cats; $4.75. 12% gal. jar. Cocoanuts—s6 per 100. Garlic—lsc per lb. Oysters—Standards. *2.50 gal.: selec s $2.75 gal. Squash—Hubbard. $3.50 bbl. HOLIDAY SUPPLIES Cedar Roping—sl.2s per 20-yard roll. Holly—Wreaths. $1.75 per doz : loose. $6 per case. Laurel Roping—sl.so per 20-yard coil. Lvcooodium—*l.2s. 20-vara roll. Mistletoe—*l.so per 10-lb. case. Trees—Vermont spruce, (3010. singles; $2.25. bundles of 2 and 3; $2.50, bundles Os 4. 5 end 6. Tree Holders—Wooden cross pieces. $1.75 per 25 paid; metal holders. $7.50 09 per dozen.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, Dec. 15.—Cuban mill owners have taken the Initiative themselves by agreeing not to start grinding until Jan. 15. President Machado was said to be strongly in favor of such a procedure, but he has let It be clearly understood that he wiU not officially change the date from Jan. 1 as officially decreed last June. Definite settlement of this matter should have a favorable effect on the market. Bu United Press „ . NEW YORK, Dec. 15.—Raw sugar futures opened higher. December 2.79, off 1; January 2.84, up 1; March 2.88, up 2: May 2.95. up 2; July 3.03. up 1; Scnieniber 3.1(). up 1. ASK STUDENT EXCHANGE Legion Chaplain Puts Forward Plan to Promote World Peace. An exchange of American students with those of other countries as a means of creating world peace was advocate ’ Wednesday by the Rev. Gill R. Vilson, national Legion chaplain, at the closing session of the national conference of department adjutants and commanders, A 25 per cent part of war debt payments to the United States' would be used for the fund, which could be enlarged by other countries, was included in the plan. A thousand university students would be taken from Germany, the United States, Japan and other world powers and scattered throughout the world to create knowledge and understanding of national problems. Santa Claus Is Barred PITTSBURGH, Dec. 15.—N0 more Santa Clauses will be allowed on Pittsburgh sidewalks in charityseeking vigils. On the ground that their beards are insanity and they are unethical, the public welfare bureau has banned them.

PITS CAUTIOUS; AWAIT NEWS IN SLOWSESSiON Price Changes Practically Negligible During the Day. Bu United Press CHICAGO, Dec. 15.—Today’s session on the Chicago Board of Trade produced very few changes in grain prices. There was no news of sufficient importance to awaken any initiative among either bulls or bears. Everybody awaited developments and the little trading done was cautious. Argentine news continued favorable and Buenos Aires was weaker. No bearish pressure was exerted, due to fear of a possible accident to the Argentine crop. Receipts were fifteen cars and CLsh wheat was % cent higher. Corn’s fractional advance of the morning failed to hold and the general inertia soon spread to this market. Weather over the belt was mainly unfavorable, but much colder weather is predicted. This will probably hasten the marketing movement. Receipts were 143 cars; cash market unchanged to % cent up. Oats followed com in losing the fractional gains, and declining to about steady with Wednesday’s close. Receipts here were fortythree cars; cash oats unchanged. Previsions worked higher Chicago Grain Table

—Dec. 15— WHEAT— Prev. High. Low. 12:00 close. December ... 1.26% 1.28*.. 1.25% 1.36% March 1.29% 1 29*4 1.29*4 1.19% May 1.31% 1.30% 1.31 1.31 CORN— December ... .86*4 .85% .86 .85% March 91*4 .90% .90% .90% May 94% ,93 V* .93% .93% OATS— December ... .52% ... .52% .52% March 55*4 ... .55 .54% May 57 V* ... .56% .56% RYE— December ... 1.07% ... 1.07% 1.06% March 1.08% 1.08% 1.08% 1.07% May 1.08% 1.08% 1.08% 1.07% LARD— December ... 11.50 .... 11.40 11.40 January ... 12.07 11.97 11.92 Mav 12.12 .... 12.35 12.30 RIBS— January 11.12 B" Times Sprrlai CHICAGO. Dec. 15—Carlota: Wheat, 19; corn. 140; oats, 43: rye, 4. NEW STUTZ IS SHOWN All-Day Open House Being Held at Factory. Indianapolis residents today had their first chance to see the new Stutz models at an all-day open house at the Stutz factory, 1002 N. Capitol Ave. Seven models will be displayed until 10 tonight. Eighteen guides are showing visitors through the factory after they see the cars. The new car also is on display at the Stutz salesroom, 1525 N. Meridian St. This will be the only showing of the new car before the New York Automobile Show in January. Holder of Many Offices Dies Bu Times Special LEBANON. Ind., Dec. 15. Funeral services were held here today for Robert W. Roberts, 75, Center Township justice of the peace, who had held a number of other offices. He died Tuesday after more than a year’s illness. Mrs. Roberts had served as deputy in several Bdone Countey offices, was a former Lebanon city clerk and for several years a State accounts board field examiner.

Marriage Licenses Fred Wright, 35. 1145 W- Thirtv-Fourth, .verdmaster, and Mabel Bray. 29. 315 E. St. Clair. Ernest Adams. 21, 835 Broadway, mechanic. and Julia Grimes. 18. 701 N. Eastern. Rufo Lutes. 25. 1928 Adams, floor finisher. and Nellie Branson. 16. 1802 Ludlow. Ralph Snyder. 25, 433 Parkway, upholsterer. and Frieda Harting. 23. 342 E. Orange, clerk. Ralph Sinnett. 22, 1326 N. Keystone, foreman, and Helen Reed. 19, 719 K. Garfield, stenographer. Births Bov* William and Flora Pruitt. 210 V 7. FortyThird. August and Rose Gatto. 517 E. Merrill. Forest and Halla Spurrier. 3415 E. Pratt. William and Ruth Jones. 411 E. North. Joseph and Marjorie Walker. Methodist Hospital. George and Zelma Crawford, 3048 Broadway. Girls Porter rnd Thelma Sklles. 839 Birch. Allan and Dorothy Maxwell. Methodist Hospital. Howard and Flossie Pickering. Methodist Hospital. Harold r.nd Ruth Downey, 160 E. Pleasant Run Bivd. Thomas and Esther Graham, Methodist Hospital. Rov and Ethel Clayton, 59C1 Rawles. William and Elsie Scman, 123 S. Bancroft. Deaths George Perry Er.nis. 8 months, 820 S. Belmont, lobar pneumonia. William A. Simon, 59. 1340 S. East, cerebral hemorrhage. Georgia Anna Sullivan, 51, 2006 Columbia. lobar pneumonia. Caroline Wurster, 84, 1818 S. East, apoplexy. Otto Eldon Nall. 16. city hospital, lobar pneumonia. Hiram Maine, 83. 945 Bell, carcinoma. Ida S. Shank, 61. 510 S. Warren, chronic myocarditis. Richard T. Hazclett, 70. Methodist Hospital. arteriosclerosis. Henry D. Lorash, 70. 1347 Kelly, myocarditis. Building Permits • T F. Scott, garage, 1052 N. Belle Vieu, S2OO. i‘‘. A. Kiefer, garage. 1515 Prospect, $275. V. M. Matthews, dwelling. 5730 auilford, $7,500. J. E. Blackledgc, wreck dwelling, 350 E. New York, $250. William M. Leonard, repair. 4576 E. Washington. $350. C. J. Furnace, addition, 1224 Martin, $249. Otto Masischky, garage, 3441 Coyner, S3OO. Raimond Spalding, garage, 1221 E. Kelly. $250,

AMUSEMENTS

Parisian Red Heads America’s Greatest Girl Band Featuring Bobby Grice I I I Mistress of Ceremonies LITTLE JIM || | The Wresting Bear THE*JOLLY FOUR Other Big, New Acts VAUI>EVJLLE STARTS AT 2:00-4:30-7:00 & 9:30.

Fire Chief Chooses Best Last Lines on Limerick m BY LIMERICK LARRY Fire Chief Jesse A. Hutsell picked today’s hst of winning “last lines” and three more persons thus are added to Larry’s growing group of daily cash gainers. The limerick —No: 11—and the winning lines: A bashful young fellow with “dough” Asked a frivolous flapper to go Out walking one day; She replied: “Well, I may IF YOU WAIT TILL I DON MY TROUSSEAU.” Mrs. J. S. Dugan. 532 E. Thirty-Third St., won $5 for making such a “fast worker” out of our “frivolous flapper” in one line. Mrs. Marie Talley of Columbus, Ind., won $3 for this line: BUT I THINK YOU SHOULD ASK IF WE ‘AUTO’.” Mrs. Talley is the second winner t© hail from Columbus. ‘CENTS-IBLE’ BOY; YOU’LL MAKE A GOOD BEAU.” This “last line” won the third prize of $2 for Edwin M. Nelson, 525 W. Forty-First St. Now, here’s another limerick to work on, fans. There is plenty of opportunity yet to win a daily cash prize or the grand prize of a S2OB Stawart-Warner console radio for the best line submitted during the entire contest which closes when the last limerick is printed Saturday. Answers will continue to be printed week, of course, to this week’s limericks. The radio given by the National Furniture Company, 335 W. Washington St., is going to be a wonderful Christmas present for some limericker! It is now on display in the National show windows. Read the rules and start today! 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 mote 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. 8. 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. 214-20 W. Maryland St., and deposit It In box provided In the main office If more convenient.)

“Last lines” to Limerick No. 17 must be in The Times office by 5 p. m. Monday. Prize winpers announced next Thursday.

4?|) Iql

LIMERICK NO. 17 A young bride who thought she could bake Made some biscuits that no one could break; Her hubby’s sad moan: '‘My bread’s turned to stone•

( Write Your Answer on This Line) Name Street and Number City and State

Await Santa s Decision on Letters in Contest

Times Arctic Expedition Is on Way Back Home After Polar Visit. BY THE SANTA CLAUS EDITOR Until Santa Claus sends us the names of the winners of the “Why I Like Uanta Claus’’ contest as he promised he would Friday, there is not much news from Eskimoland— Santa’s home. Holly Berry, special Times correspondent who accompanied The Times-Kleinschmidt Polar expedition which found the home of Santa Claus and took movies of him, which are now being shown in Indianapolis neighborhood theaters, is on his way back to Indianapolis with the expedition. Capt. F. E. Kleinschmidt, arctic explorer, is at the head of the party. The movies, taken by Kleinschmidt in northern Alaska, showing real Alaskan scenes and Santa Claus in his own home, are on the program tonight at the Garrick Theater, 2959 N. Illinois St., and the Garfield Theater, 2203 S. Shelby St. Here are the names of more Indianapolis children found in the books in which Santa keeps the name and record of every little boy and girl in the world. Holly Berry obtained a large number of them and a list will be printed each day in The Times. Watch for your name. Betty Ann Perkins, Jane Deßee, Clarence Deßee, Jake Deßee, Mary Alice Denby, Donald Louden, Gene Louden, Buddy Carroll, Mary Riley, Helen Griffin, Mary Curron, Jea-

ENGLISH’S la Cianci NEW YORK GRAND OPERA COMPANY Tonlte.... .FORZA DEL DESTINO Friday, Dw. 16 OTHELLO Saturday. Dec. 17, Mat AIDA Saturday, Dec. 17, Eve.TROVATORK Evenings, from 75c to $2.75 Matinees, from 50c to $3.20 SEATS SELLING

■ MUTUAL ■[ Burlesque Theater (RED HEAD) ANN TOEBE with BULLY HAGAR in “MOONLIGHT MAIDS’*

Don and Mazie Dixon Cos. colonialK Gales of Laughter “““AMY OF THE CIRCUS” Special Mat. Sat., Kids, 10c; Adults. 25c YOPVILLE MUSIC - COMEDY Nltesl 1,000 SEATS I I 10c ..... 40c I Mats. 2:15

nette Crow, Alfred George Dorsey, George Hartell, Catherine Loucille Dittemore, Nolene Johnson, Leßoy Murray, Robert DeVine, Bobbie Grimes, Carl Keller, Robert Melton, Leonard Starks, Leroy Masterson, Jimmie Gust, Evelyn Keller, Violet Louise May, Marguerite Paris and Daisy Popcheff.

AMUSEMENTS

Follow the Crowds

KEITHS

Continuous Now n_ p Jim t McWilliams Eleven — — ——- Hubert Matinee Kinney 25c-35c Margaret & Jean Evening Monoiogist? 35C-50C others and Sunday BeH.my 40C -60 C Confidential"

MOTION PICTUhES

Qpjm RICHARD DIX “THE GAY DEFENDER’’ With Thelma Todd * * * * Hal Itoaeli Comedy featuring Stan Laurel. Fox News. Charlie Barnes, Ray Wtnings, Emil Seidel’s Apollo Merrymakers.

ARABIAH <&(Zf KNimtS” / . Funniest After-War Picture / Ever Filmed . y William Boyd—Mary Astor PUBLIX PRESENTS (gs W “MOONLIT WATERS” W$ ' CHARLIE DAVIS M.vro Desha & Barte—Helen Yorke ;|; j Fauntleroy & Van—Mario & Lazaro i: ' BORIS PETROFF BALLET f INDIANA f THEATRE

PAGE 13

FLETCHER CO. INCREASES US SURPLUS HERE Savings and Trust Company Transfers $500,000 to Surplus. Fletcher Savings and Trust Company directors have voted to increase the bank’s surplus to sl,500,000 by transferring $500,000 from undivided profits, it was announced today. The transfer will be effective as of Dec. 31 and increases the State’s largest trust company’s capital and surplus to $3,000,000. Federal Reserve Member The trust company is the only financial institution in Indianapolis, aside from the national banks, which holds membership in the Federal Reserve System, and the addition of the half-million dollars to its surplus account will be followed by an increase in the holding company in stock of the Federal Reserve Bank of Chicago. The company’s statement, as of Dec. 13, shows total resources of $25,466,918.55, exclusive of the resources of five State affiliated banks. These five banks, as of Dec. 12, reported total deposits of $3,141,438.63. In addition to the five affliated State banks the trust company operates five branches in various parts of the city and owns the stock of the Fletcher Joint Stock Land Bank which, as of Dec. 13, had total resources of $16,952,438.78. Steady Strengthening “Because of the steady strengthening of the ecompany’s financial position the board deemed it wise to conclude our operations in 1927 by adding $500,000 to surplus, out of undivided profits,” Fresident Evans Woollen said. “This action will bring the permanent capitalization account of the company to $3,000,000, or double the amount of its original capital stock. The commercial banking, as well as other depart-, ments of the company, has shown excellent growth throughout 1927.” JEWS TO CELEBRATE Rabbi of Merged Congregation Will Talk at Banquet. Merger of Beth El and Ohab Zadek, Jewish congregations, and the selection of the Rev. Milton Steinberg, New York, as officiating rabi of the consolidated synagogues will be celebrated Sunday night at a banquet at the Temple Beth El Zadek. Rabbi Steinberg will be the principal speaker. J. A. Goodman, parnes, will be the toastmaster. MOTION PICTURES

Circle the show place of Indiana

"EAST CTTAT?’’ WEST with GEORGE O’BRIEN and VIRGINIA VALLI story of Hew York, today —a great romance.'j ——n— On the slagej TRIPOLI TRIO Chicago’s Popular Instrumentalists Vitapbonej presents HOOT GIBSON TRIO “Night Court"—William Demarest Oi trturcj “DANCE OF THE HOURS” • Ed Resener, conducting * Topics Pabls Newt

first Run Features OPPosit^Hnninal THURS.—FRI.—SAT. “THE SWELL HEAD" with RALPH GRAVES EUGENIA GILBERT MARY CARR Success gave him a swell head; defeat brought it back to normal. A Fox Comedy “A SILLY SAILOR”

,C)HIO v

NORMAN KERRY LOIS MORAN in the “IRRESISTIBLE LOVER” CONNIE BAND