Indianapolis Times, Volume 39, Number 206, Indianapolis, Marion County, 5 January 1928 — Page 12

PAGE 12

STOCK OPENING UNEVEN AFTER SOARINGGLOSE U. S. Steel, General Motors Spurt After Beginning Fractionally Off.

Average Stock Prices

Average of twenty Industrials Wednesday was 202.34, off 1.11. Average of twenty rails was 140.39, off .22. Average of forty bonds was 99.37, up .10. By United Press NEW YORK. Jan. B.—The increase of $341,071,018 in brokerage loans, as -eported by the New York Stock Ei.. ange for Dec. 31, was far greater than anticipated, and overnight selling orders caused a markedly irregular opening on the stock exchange today. U. S. Steel opened with a point loss at 150; General Motors, off % at 138; Montgomery Ward, off 2% at 121; National Biscuit, off 1 at 171%, and American Telephone, off % at 178%. The selling soon spent itself, however, and operations for the rise were resumed in special issues. Steel got back to 150% in the first fifteen minutes, while General Motors, after touching a low of 137%, purted to 138%. Montgomery Ward came back to 122%. Rails strengthened, with New Haven again in demand. Delaware & Western rose 1% to 140. Strength was displayed by several mining, mercantile and packing shares. Describing the market, the Wall Street Journal’s financial review today said: “Good sized losses from previous closes were shown by active stocks on Initial transactions, due to the large offerings precipitated by the publication of the stock exchange loan figures after the close of the market Wednesday. *The gain was substantially larger than the figures set forth in the weekly statement of the Federal Reserve Board, which cover only collateral borrowings of the member banks in New York City.” Reaction Hits Market By United Press NEW YORK, Jan. s.—The long awaited reaction in the New York Stock Exchange following a period of “bull” markets seemed to have set in today. By 1 p. m. a wave of selling had become so heavy that tickers were mnning twenty to thirty minutes behind in reporting sales and prices had been forced down heavily on many issues. Total sales to 1 p. m. amounted o 2,199,900 shares and it was predicted that the total for the day vould be around 3,000,000. Wednesday the total sales passed 3,000,000 or the twelfth time in the market's history. The reaction on the stock exhange had little reflection iff the end and curb markets. Bonds were 'ctive and prices irregular. There was considerable activity on the urb market, with prices slightly lower.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $5,170,•100. Debits were $9,876,000. , NEW YORK STATEMENT I'n United Press NEW YORK, Jan. s.—Bank clearings, *1,525,000.000; clearing house balance, 5147,000,000. FOREIGN EXCHANGE /’.</ United I'resß NEW YORK, Jan. s.—Foreign exchange ■ petted steady. Demand sterling, $4.8 7-16: francs, 9.93'/sc; lira, 5.28 c; belga, 13.98 c; amrks, 23.83 ’/aC, off .01c. TREASURY STATEMENT I’ll United Press WASHINGTON. Jan. s.—The treasury net balance for Jan. 3 was $250,278,131.74. Customs receipts this month to Jan. 3, were 52,516,360.02. LIBERTY BONDS I'll United Press NEW YORK. Jan. s.—Liberty 3'/ 2 s opened at 101.20, unchanged: 3d 4tis 100.18, off 1; 4th 4'/4S 103.29, unchanged; treasury Itis 115.24, up 1; 4s 110.24. up 1.

In the Stock Market

(By Thomson <Ss McKinnon) NEW YORK, Jan. s.—Well, here we are once more confronted by these brokers’ loans figures that have been before us so often, and always rising and rising. How often, as we look back, were we all deeply concerned and at times actually afraid about the loans, the way they were mounting. But, somehow or other, the morning after, as we watched the ticker for an answer and saw that the world was not concerned, we went right on as usual, but here we are with figures again that establish anew record for all time, and bigger than many of us ever thought possible. Is t here no top? Well, we all know that there is. The only thing is that we can’t name the figure. We will just have to watch for an answer in the only place where we can get the answer—-and that is in the money market. But, in the meantime, let us not take it for granted, that it will go on smoothly forever, but adopt a conservative course, and even though the response today is favorable, let us take advantage of strength and begin to reduce commitments.

Local Wagon Wheat

Local grain elevator* are paying $1.32 for No. 2 red wheat. Other grades are purchased on their merits ASK TO FREE STEVE AID Motion for Discharge of Butler In Arson Case Filed. Motion to discharge Fred C. Butler, former private secretary of D. C. Stephenson, charged with conspiracy to commit arson, was filed in Criminal Court Wednesday afternoon. He was indicted with Stephenson, Earl Klinck and Earl Gentry for the burning of Stephenson’s Irvington home. On Oct. 4, the charges against Klinck and Gentry were dismissed on the State’s motion. ,

New York _ Stocks (By Thomson & McKinnon)

—Jan. 6 Railroads— Prev. High." Low. 12:00. close. Atchison 192 Vi ... 191 192% Atl Coast L.... 185 ... 184% 185% B & O 117% 117 117 117% Can PactfiS 212% ... 209 211% C & O 203% ... 202% 204 C & N W 87 ... 87 87 ORI4P 111% ... 11l 111% Del & Hud 183 ... 182% 184% Del & Lack ... 140 ... 138% 138% Erie . ........ 6j>y 4 ... 63% 65% Erie Ist pfd ... 63 ... 63 63% at Nor pfd 97 ... 96% 97% Lehigh Valley... 93 ... 92% 93 K C Southern... 61% ... 60’/a 61% L & N 152 M K & T 40% ... 4040% Mo Pac pfd ...112% 112 112 112% N Y Central ... 162% ... 160% 162 NR NH & H.... 65% 63% 65% 64% Nor Pacinc .... 98% ... 96% 98% Nor & West ... 189% ... 189 189 Pere Mam 127 ... 125% 127% gennsy 65 ... 64% 65 Reading . .. 104% 103% 104% 104% Southern Ry .. 145% ... 145% 145% l? U^, r , n PaC "- St Paul 19% ... in las,” St Paul pfd .... 37% ... 36% 37-v* st l& s w ..: 77% ::: 7?% S. t . L &SP.... 111% 110% 111% 110% £ nl on Pac ... 192% 192 192% 192 Wabash 64% . eiu wabash D fd....!: ::: ... gjg Rubbers— Ajax 13V4 u 13% Fisk 17% .. 17 Goodrich 95 93 93% 94 w Goodyear 70% ... 7% inK Keyy Spgfld .... 25% ... 24% 25% U S Rubber .... 61% ..I 58VS 60% Equipments— Amer C and F. 109% 109% 109% 109% Amer Loco .... 113% ... Ul% 1131? Lirn a E1 . e .°.*63 'll* N Y Airbrake... 45% ... 45% 4!% Pres stl Car ... .. " 40 V 4 Pullman 84 J? Wsth A B ...... 48 46% 47U 51% Wsth Elec 88% ... 88% 80 % Stefls—* Colo 1 Fliel’ *,*..*.*.*.* 78% ’te% 77* 4 78% Crucible 89% .. o oqi?, Onlf St Steeh.. 63(4 ... 53% 53% , 59 3g% f 9V 1 8teel ?’/• 148 i48% 151 Alloy •.•••••••• 31 j /4 ~. 3i 30 V 61,/4 62% 63 64 % Amer Bosch *>2v. Chandler 173% ... 17% Chrysler 61 Ya 59% 60 61% Cont Motors ....10% ... 103% 11 Gabriel 28 27 28 271 Gen Motors ....138% 135% 136 138$ §“{?* on 84 V 2 80% 81 85 ” Hupp Ji 32% 34 Jordan 14 ... 14 fly. Mack 105 103% 104 104 Yellow Cab .... 32 ... 31% 32% gSSg:::::::: 8 18* Pierce Arr 14% ... 141“ 77 7. otew Warner 84 ... 82% 84% Timken 132 129 129% 1371/ Wtllys-Overland 20% ... 19% *2?% Mmi„“-° 1S “ 407/8 3n ‘ 40% Amer Smelt ....182% 176% 172 182 Anaconda 58 % 56 56% 58% Pas 68% ... 67% 68% Otiile ...... 414a 4040 41 i2 t ee Nic C k ab 'lt'? 140 J 42% 152 11 Ken”® li a— 22* S e l !L?it s "!:::: isl .??* 111 jSSi-:::::::: 1 ® ::: 'T * Inapt OH 25% I 25% 25% Marland C 35% ... 35 359? ° pote ... 29 ::: £* 29* Pan-Am Pete 8.44'/ s ... ’423% iftZ Pro <Sc Refg ... 24% ... 24 5 24’ /8 Snio/oi! 4.7.7. 41% RTI Dutch'7.7. 28 • , 26 * ™ &r 21% 'ill l§l I k o y of-cai7.7.7 111 :: i g g I o °of Vy:;:: i? % ::: if* g Texas Cos 53% ... 53% sa% Trans Pete ..... 9 8% g% 8% Whi Eagle 22 ... 21% 21% Industrials— /8 Adv Rumly 101/. Allis Chaim 117.? Allied Chem ....153% ... isi% 154% Armour A 14 13% 13 y* 13% An>n Can 74 ... 72% 74% Am H-L Pfd--- 56% ... 56% 56% Am Safety R ... .. saw Am Woof 22 ... H 22% Am Linseed .... 64% ... 62% 63v. Coco Cola 129% ... 129% 129% Cont Can 84 ... 83% 84 Cert Prods 53 Dav Chem .... 44% ... 43 45 Dupont 3i9 Famous PI US 3 /, ... 114 1153: Gen Asphlt 85% 83% 84 85% Int C Engr 53% 52% 53% 53% Int Paper 71% ... 71 71 Int Harv 242'% ... 242 243% May D Sta 83% 83% 83% 85 Mont Ward ...123 ... 119% 123 3 % Nat Lead 129 Owen Bot 78%' 78 3 / 78% 78 Radio 91 ... 88% 91 Real Silk 26 ... 26 26 Rem Rand 24% 24% 24% 25 Sears-Roeb 88% ... 85% 88 United Drug 194 3 / 4 ... 194% 195 Univ Pipe 25y 8 ... 25 25% U S C I P 212 U S Ind Ale ... 106% ... 106 107% Woolworth .... 190 ... 188% 191 Utilities— Amer T and T 1783% ... 178 3 % 179% Amer Expiess 133 ti Amer W W 60% 66% 60% 60 Brklyn Man ... 55% ... 55 55% Col G and E .. 90>/b ... 90% 89% Cons Gas 123% ... 122% 123 Interboro 29% No Am Cos 59% ... 59% 59% Phiia Cos 1493,2 St G and E 58% ... 58% 58% Western Union. 175 ... 175 175 Shipping— Amer Int Corp.. 73 V< 73Vi 73 ,/ a 74y* Am Sand C ~... 3y e ... 3’/ 4% Atlantic G 401/. Int M M pfd ... 4iy ... 41 41% United Fruit ..142 ... 142 142 Foods— Am Sugar 73% ... 72V a 72 A B Sugar 17 ... 17 16% Austin Nichols 5 Beech N 78 76 77 79% Calif Packing... 76% ... 76 77 Corn Prods 65% ... 65% 66 Cuba C pfd 31'.- ... 31 % 31% CubaASug 22% ... 22% 22% Fletschmann ... 69% 68% 69 69% Jewel Tea 84 ... 84 84 Nat Biscuit ... 171% ... 171% 172% Punta Alegra ..33% ... 33% 33% n ßak B-.-. 12 ? /a ::: 125l 25 'll* Tobaccos— Amer Sumatra.. 61% ... 61% 62% Amer Tob ... 175% Amer Tob B ... 1723% n2*/t 175 Cons Cigars .... 84% ... 83'% 84% Gen Cigars 71 ... 71 70% Liggett . 122% ... 122 122% Lorillard 381% ... 37 7 /a 3842 R J Reynolds .. 159 ... 159 159% Tob Prod B ... 112% ... 110% 112% U Cig Stores.... 31’% ... 31% 32 Schulte R S ... 52% ... 52% 52%

400 PROTEST BALL LOT Remonstrance Filed With Slack; Objections to Park Board. Objections to the proposed location of a ball park on Thirty-Eighth St., south of the State Fairground, were given to the park board this afternoon by residents of the vicinity. Indianapolis baseball club officials asked park board permission to build the $500,000 plant along the boulevard last week. The park board has jurisdiction within 500 feet of boulevards. Public hearing before the city plan commission will be held Jan. 10. Mayor L. Ert Slack, who favors the proposed site, today received a remonstrance bearing names of 400 north side property owners. Edward D. Holt, attorney, and State Auditor Lewis S. Bowman were spokesmen for the delegation of citizens. TO RETIRE LIBERTIES Mellon Announces Plans to Issue New Government Securities. By United Press WASHINGTON. Jan. s.—Secretary of Treasury Mellon announced today the Government plans to issue new securities this year for retirement of $2,147,653,150 of 4% per cent outstanding third Liberty loan bonds. New treasury certificates and notes, at a lower interest rate, will be issued to be exchanged for the Liberty bonds maturing Sept, 15, 1928, Mellon said.

PORKER PRICES OFF GENERALLY 25 CENTS HERE Vealers 50 Cents to $1 Up; Chicago Gets 80,000 Hogs. —Hog Price RangeDee. Bulk. Top. Receipts. 30. 8.50@ 8.90 8.90 8.500 31. 8.50@ 8.90 8.90 3,000 Jan. 2. 8.50® 8.90 9.00 2,500 3. 8.75(&! 9.10 9.10 11,000 4. 8.75® 9.00 9.00 15,500 5. 8.50# 8.70 8.70 14,500 Hogs were generally 25 cents lower on the hundredweight at the local livestock market today with animals weighing 160 pounds and over selling at $8.70. Receipts were estimated at 14,500 and 150 were held over. Chicago received 80,000 hogs today and the tone was around 25 cents lower. The market opened slow with few early sales. The top bid was $8.70. Vealers made a comeback, after losses Wednesday, to the previous price of $17.50 down. Other livestock was about steady, on the local market. Hog Price Range All porkers upward from 160 pounds sold at $8.70, those in the 250-350-pound class ranging from $8.60 up. Material weighing 130-160 pounds was off 25 cents selling at $8,251/8.50. Pigs sold at $7.25® 8.25, down 25 cents. Packing sows were off 25 cents bringing $7 @7.75. The top was 20 cents lower. Beef steers were weak in the cattle division while other classes were unchanged. Steers sold at sll @ls, 50 cents down. Beef cows were $7.50@10 and low cutter and cutter cows, $5 @6.25. Bulk stock and feeder steers brought $7.50 @9. Receipts were the same as Wednesday at 1,100. Calves Up Again Vealers came back to the high price of Tuesday, after dropping Wednesday, selling at $16.50 @17.50 for the best. Heavy calves were $6.50@10, unchanged. About 900 were brought to the yards. Sheep and lambs were nominal with receipts estimated at 700. The top was quoted 25 cents higher at sl3. Bulk fat lambs were sl2® 12.50 and bulk culls, $7.50® 10. Fat ewes were [email protected]. —Hoes — Receipts, 14,500; maret lower. 250-350 lbs $8.60® 870 200-250 lbs 8 70 160-200 lbs 870 130-160 lbs 8.25® 8.50 90-130 lbs 7.25® 8.25 Packing sows 7.00# 7.75 —Cattle— Receipts, 1,100; market, weak to steady. Beef steers $11,004(15.00 Beef cows [email protected] Tow cutter and cutter cows ... 5.00® 6.25 Bulk stock and feeder steers.. 7.50® 9.00 —Calves— Receipts, 900; market, higher. Best vealers $16.50 0 17.50 Heavy calves 6.50&10.03 —Sheep and Lambs— Receipts, 700; market, steady (quotably). Top fat lambs $13.00 Bulk fat lambs 12.00012.50 Bulk cull lambs [email protected] Fat ewes 4.50® 6.50 Other Livestock Bn Times ftvecial i LOUISVILLE, Jan. s.—Hogs—Receipts. 1,500; market, 30c lower; mediums and heavies, $8.30®8.70: pigs and lights. $6.30(,i 7 55- throwouts and stags, $6.050 6.80. Cattle—Receipts. 100; market, steady. Calves —Receipts, 200; market, steady; gool to choice, [email protected]; medium to good, $lO 0)12.50; outs, $lO down. Sheep—Receipts. 50; market, steady; top lambs. $12©12.50seconds. S7O 9; sheep, S4O 5.50. Wednesday's shipments: Cattle, none; calves, 241hogs, 434; sheep, none. f’jl United Press . CLEVELAND, Jan. s.—Hogs—Receipts, 4.500; market. 250 40c down; 250-350 lbs., $9; 200-250 lbs., $9; 160-200 lbs., $9; 130160 lbs., $8.25@9; 90-130 lbs., $808.25’ &ackxng sows, [email protected]. Cattle—Receipts. eef steers, $9,750)12.50; beef cows, $6.50 200. Calves—Receiptsc, 300; market, steady ©8.50; low cutter and cutter cows. $4.50® 6: vealers, $140,18. Sheep—Receipts' 1,200; market, lambs 25c dowm; top fat lambs, $14.25; bulk fat lambs. $13.75 0 14bulk cull lambs, $10.50® 12; bulk fat ewes ss@7.

B.u United Press PITTSBURGH, Jan. s.—Hogs—Receipts, 5,000; market, lower; 250-350 lbs., $9.25■</; 9.35- 200-250 lbs.. $9.2509.35: 160-200 lbs. $9.1509.35; 130-160 lbs., $9®.935; packing sows, S7O 7.60. Cattle—Receipts, none. Calves—Receipts. 100; market, steady to 25c up; beef steers, nominally, $10,500 14.10; vealers, $15.50® 17.50. Sheep—Receipts, 1,000: market, steady to weak: top fat lambs, $14.25; bulk fat lambs, sl3® 14.50; bulk fat ewes, SBOIO. Hu United Press FT. WAYNE. Dec. s.—Hogs—Receipts, 400; market steady to 25030 c lower; 2co--300 lbs.. $8.5003.65; 140-200 lbs., $8.25@ 8.40; pigs, $7.2507.85; roughs, $6.5007; stags, $505.50. Calves—Receipts, 25; market, $15.50 down. Lambs—Receipts, 150; market. $12.50 down. Cattle handled only on Tuesdays and Fridays. Bn United Press EAST BUFFALO, Jan. s.—Hogs—Receipts. 2,000; holdovers. 64; market 40®50c down: 250-350 lbs., $9.1509.35: 200-250 lbs., *9.150 9.35: 160-200 lbs., $909.35; 130160 lbs., $8.7509; 90-130 lbs., $8.5008.75; packing sows, $707.50. Cattle—Receipts, 200; calves, receipts 100; market steady; aclves steady; vealers, $17017 50. Sheep —Receipts, 200: market weak to 25c doW-i; bulk cull lambs, $11.50® 12.50; bulk lai ewes, $6&7.30. j ßjt United Press TOLEDO, Jan. s.—Hogs—Receipts, 1,150; market, 350 50c down; heavies, $8.5008.75; mediums, $8.500 8.75; Yorkers, $8.2508.50; good pigs, $7.5008. Cattle—Receipts, light; market, steady. Calves—Receipts, light; market, steady. Sheep and lambs—Receipts, light; market, slow. Its/United Press EAST ST. LOUIS. Jan. s.—Hogs—Receipts, 18,000; hmoldovers. 2,572; market, 25035 c lower: 250-350 lbs.. $8.1008.60; 200250 lbs., $8.3508.55; 160-200 lbs., $8,150 8.55- 130-160 lbs., $7.5008.40; 90-130 $6,500)7.85; packing sows, $6.75 07.50. Cattle—Receipts. 2,800. Calves—Receipts, 1,000; market steers, strong to a shade up; beef steers, $9.85013.75; light Yearling and heifers, $8012.75; beef cows. $6.75 08.50; low cutter and cutter cows, $4.9006: vealers, $16.50; heavy calves, $7010; bulk stock and feeder steers, $7.50® 9.50. Sheep—Receipts. $18; market, steady to strong; top fat lambs, $13.40; bulk fat lambs. sl3; bulk cull lambs, $9; bulk fat ewes. $506. DELAY GOOD WILL TRIP U. S. Planes Held at Tampico by Fog—May Leave Today. By United Press MEXICO CITY, Jan. 5.—A fog which hung over the city today was expected to delay the departure from Tampico of the two good-will planes en route from the United states. They stayed over at Tampico Wednesday when bad weather was encountered. The planes are en route to Mexico City from Houston, New Orleans and San Antonio with businessmen from those cities. They may leave later in the day if weather conditions improve. Would Adjust Export Grain Rates B.y United Press WASHINGTON, Jan. 5.—A resolution directing the interstate commerce commission to investigate and readjust export grain rates was introduced in the Senate today by Senator Capper, farm block leader of Kansas.

THE INDIANAPOLIS TIMES

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. Jan. s.—The sharp advance Wednesday shows how easy it Is to oversell the market when the contracts / re taken by the trade. Note the continuation ol Manchester’s .revival as shown by big spot sales in Liverpool. There is no secret about what the spot people are doing. The/ are buying on the breaks. They are not apt to do much today as the prices may be further advanced by short covering. P,}i United Press NEW YORK, Jan. Cotton futures opened lower, January. 19.26; March, 19.33. off 3; May, 19.50, off 1; July, 19.30, off 1: October, 18.70, oft 2. EXPORT MORE CARSjN 1927 Foreign Shipments of Cars Exceed $400,000,000. ft// United Press DETROIT, Jan. s.—Automotive exports of 1927 exceeded $400,000,000, the Department of Commerce estimated today in a statement issued at its Detroit office. The increase in truck shipments was outstanding. Records showed that during November there was shipped 41 per cent of the country’s entire production. The average value of passenger cars exported was $766, and of trucks, $642. Australia and Argentina were first and second best customers, with Argentina showing a big increase in purchases. Automotive imports during November increased to $282,500 in value as compared with $224,200 for last October, and $191,500 for November, 1926. More foreign-made bodies accounted for the increase, it was said.

Produce Markets

Butter (wholesale price)—No. 1. 52® 55c; No. 2,490.52 c. Butterfat (buying prices)—s3 0 54c. Eggs—No. 1 fresh, averaging 25 ounces to doz.. 40c: No. 2. 25c; general run. 38c. Cheese (wholesale selling prices, per pound)— American loaf. 35©38c; pimentc loaf, 380.40 c; brick loaf 350 38c; Swiss No. 1. 42®44c: imported Swiss 62c: Wisconsin flat, mild and sharp, 32034 c; prints cream. 38©40c; flat display. 28©30c; Longhorn, 28029 c; New York limberger. 42® 44c. Poultry (buying prices)—Hens, 19®21c; Leghorn hens. 14® 15c; spring. 19(u20c: Leghorn springs. 13015 c: staggv young springs. 15ft 17 c: soft meatea, 14@15c; roosters, 10®12c; Leghorn stags. 10© 12c; turkeys, young toms. 35c: young hens) 35c: old toms. 25c: old hens. 25c; ducks. 15016 c; geese, 14@16c; guineas, young. 50c: old, 35c. Hu l nited Press CLEVELAND. Jan. s.—Butter—Extras In tub lots. 530 55c; firsts. 470 49c; seconds, 43045 c; packing stock, 300 32c. Eggs Extras, 50c: extra firsts, 47c; firsts, 45c: ordinary. 34c; pullet firsts, 29c. PoultryHeavy fowls. 280 30c; mediums, 260 27c; Leghorns. 200 22c: heavy springers. 29© 31c: mediums. 230 25c; Leghorn springers, 20®22c; ducks, 230 26c; geese, 23® 25c; old cocks, 17018 c; turkeys, 35® 36c. Potatoes —Round whites. 150-lb. sacks. New York, 3.250 3.35; Maine. $3.35: Ohios. $3.15; Michigan. $3.1503.25; Wisconsin. $3; 120lb. bags, Minnesota, $2.400 2.50; f 15-lb. bags. Idaho russets. $2.500 2.75: rurais. 52.400 2.50; selected stock. 53.5003.75: 105lb. bags, Colorado brown beauties, $2.25® 2.50; home grown, bushel, $1.35. By United Press NEW YORK. Jan. 5.-Flour—Steady and unchanged. Pork—Quiet: mess. $33. Lard —Firm; Midwest spot. $12,450)12.55. Sugar —Raw steady; spot 96 test delivered duty paid. 4.65 c; refined quiet; granulated. 5.75 ©s:Boc. Coffee—Rio No. 7 on spot, 14%c; Santos No. 4. 21%0 22%c. Tallow—Firm; special to extra, 5%©8%C. Hay—Weak; No. 1. $1.10: No. 3. 80©95c: clover, 65c® sl. Dressed poultry—lrregular; turkeys. 25®50c; chickens irregular: capons, 26® 27c; fowls, 16030 c; ducks. 18027 c; ducks. Long Island. 230.26 c. Live poultry—Steady to firm; geese, 25©31c; ducks, 160 33c: fowls. 200 28c: turkeys, 50c; chickens, 22 ®32c; capons, 50c: broilers. 30©45c. Cheese—Firm: State whole milk fancy to specials. 29029%c: Young America, 29© 29 %c. Potatoes—Long Island, S2O 4.15; Jersey, barket,, 50075 c: southern, basket, $102: Maine. $2.8503.75; Bermuda. ss© 12. Sweet potatoes—Jersey, basket, 60c@> $2.50: Southern, barrels. $2.50: Southern, basket, 75c® $1.25. Butter—Quiet: receipts, 10.466; creamery extras, 52c: special market. 52%©53c. Eggs—Firmer: receipts. 16.594; nearby white fancy, 51©52c: nearby State whites. 450 50c; fresh firsts. 45% 0 4f%c; Pacific coasts, 47® 51c; western whites. 40047 c; nearby brown. 52c.

Commission Row

PRICE TO RETAILERS FRUITS -„^5 pI £ s—Panc P barrel apples; Jonathans. $8.500 9; Bellflowers, $7.50; Grimes Golden, $9: R. I. Greenings. $8; Kings, SB. Barrei apples: Grimes Golden, $7.50; Bellflowers. $6; Baldwins. *6; Wagners, $5.75 06; Jonathans. $5.50; Winesaps, $6. Box apples- Delicious. $404.75; Grimes Golden, $2.50® 3.50: Jonathans, $3.25; Stavmens. $3.75. Basket aopJes (40-lb. baskets): Jonathans, $2.5002.75: Grimes Golden. $2.75; Deli*3.2s: Wolf River. $2.50; Senator, $2.50. Kings, $2.75: Northern Sdvs. $3Rome Beauty. $3; Staymens, $3: 20-ounce Pippin. $2.50: Staymens. $2.5002.75; cooking apples. $2: York Imperials. B grade, $1.75; Stavmens. B grade. $1.85; Grimes. B grade. $2-25: Senator, $2.50; Northern Beauties. $2.75; Baldwins. $2,50; R. I. Greenings. $2.75. Bananas—6®Bc lb. Berries—Crainberrles, slOOll one-half barrel. Grapefruit—Florida. $3.75 05.25. Grapes—California Emperors, $8 keg; California Malogas. $8.50 per keg. Kumquats—Florida, 25c quart. Lemons—California. $7.50 0 8 crate. Limes—Jamaica. $3 per 100. Oranges—California navels. $4.7507 crate; Florida. $5.7506 crate. ,„ Pe £. rs ~ Washl *' ton Bose, $6 per box; Washington D'AUJous. $6 box. Tangerines—Florida, $3.7504.35 a crate. VEGETABLES Artichokes—California. $2.25 per dozen Beans—Southern, $3.75 hamper. Beets-—sl bu. Brussels sprouts—2sc lb. Cabbage—H. G„ 2@2'/aC lb. Carrots—slol.2s bu. Cauliflower—California, $2.75 crate. Celery—California. $6, 8, 9 and 10-dcz. crates. Celery cabbage—sl.2s doz. Cucumbers—Hothouse. $2.50 doz. Eggplant—H. G.. $2.25 doz. Endive—sl.2s doz. Kale—s 2 barrei. Leek—soc bunch. Lettuce—Arizona, head, $4.5005.50 per crate; hothouse leaf, $2.40 15 lbs. Mushrooms—sl.so, 3 lbs. Onions—Spanish. $2.3502.75 crate; Indiana white, $2.50 per 100-lb. bag; Indiana yellow. $2 per 100-lb. bag. Oysterplant—soc doz. Parsley—soc doz. bunches. Parsnips—sl.so bu. Peas—California telephone, $9.50 hamper. Peppers*—Florida mangoes, $4 crate. Potatoes—Michigan white. $3.25 150 lbs.; Minnesota Russets, $2.25 120 lbs.: Minnesota Red River Ohtos, $2.40 120 lbs.; Ijahos, $2.40 110 lbs.; Texas Triumphs. $3.50 per hamper. Radishes—Hothouse buttons, 9Ocosl doz; Southern long red. 35c dozen. Rutabagas—sl.7s per cwt. Shallots—soc doz. Spinach—H. G.. $1.2501.50 bu. Sweet Potatoes diums, $1.75 bu.; Indiana Jerseys, $2.75 bu.; Nancy Hall. $1.60 hamper. Tomatoes—Hothouse, $3.50 per 10 lbs.; California, $607. 6-’oasket crate. Turnips—H. G.. 85c bu. MISCELLANEOUS Cider—New York. $5. 14-gal. keg; $4.50. 6-gal. case; $4.75 doz. '/2-gal. jars. Cocoanuts—s6 per 100. Garlic—lsc per lb. .Oysters—Standards. $2.50 gal.; selects, $3 gal. Squash—Hubbard, $4.50 barrel. MERCURY will RISE Continued Warmer W’eather for City Is Predicted. The temperature rise will continue tonight and Friday, according to the United States Weather Bureau. The lowest temperature tonight will be about 25 degrees above zero and it will be cloudy and warmer Friday, it is predicted. After rising to a high mark Wednesday of 22 degrees at 2 p. m., the mercury sank gradually during the night, reaching 16 at 7 a. m. today and then started upward again.

SUDDEN RALLY HITS GRAINS ON CHIGAGOBOARD Advance of More Than One Cent in Wheat, Corn Is Unexplained. Bil United Press CHICAGO, Jan. 5.—A sudden sharp rally, the cause of which was not clear, even to experts, sent wheat and com prices nearly l%c higher just before the middle of todays session on the Chicago Board of Trade. Oats followed with moderate gains. Late in the day the gains were holding well . Wheat opened with a fair rise on a good technical condition, and the morning session was uneventful. Reports that the Canadian pool has sold 7,000,000 bushels of wheat for export this week, was assigned as a partial cause of the upturn. Com caught the excitement in wheat and short covering boosted prices sharply. There was litle in the news to account for the rail, and sympathy with wheat was the main factor. Oats advanced fractionally, in sympathy with others, but showed little independent strength. Enormous hog receipts weakened provisions and prices worked lower. Chicago Grain Table —Jan. 5 WHEAT— Prev. __ High. Low. 12:00 close. March 1.31 1.30% 1.31 V, 1.30% May 1.33% 1.32% 1.32% 1.32% July 1.28% 1.27% 1.27% 1.27% CORN— March 88% .87% .88 .87% May 91% .90% .91 % .90% July 93% .93 .93 % .92% OATS— March 54% .54% .54% .59% May 56 .55'% .55% .55% RYE— March 1.099% 1.08% 1.09 1.08% May I.lOVi 109 1.09% 1.09 LARD— January ... 11.87 .... 11.87 11.90 May 12.22 12.15 12.17 12.25 January ... 10.87 .... 10.87 10.90 May 11.27 .... 11.27 11.30 B" Timex Bnteial CHICAGO. Jan. s.—Carlots: Wheat. 12. corn, 141; oats, 27; rye, 8. Marriage Licenses William King. 21, of 2241 Northwestern, chauffer, and Bessie Easton. 17, of 904% Indiana, maid. Byford Wilson, 27, of 213 N. Pennsylvania. machinist, and Alice Abplana'lp. 23, of 2405 N. Pennsylvania, office work. John Noland, 57, of 734 N. New Jersey, retired soldier, and Alice Meyer, 53. of 3502 Northwestern, housekeeper. Samuel Murray, 57, of 1853 Yandes, laborer, and Roxie Harris, 32, of 872 Torbett. Births Peter and Mary I obra, 5250 Burgess. Emmett and Annie Andrews, 4919 E. Twelfth. Orla and Marguerite Marsh, 2721 Ashland. Earl and Dorothy Elrod, 512 S. Luett. Riley and Pearl Foddrtll. 1007 E. Georgia. John and Sylvia Cloroiann, Christian Hospital. Dwight and Anna Reynolds, Methodist Hospital. Elza and Ruth Taylor, Methodist Hospital. Edmund and Dymple Padgett, Methodist Hospital. Girls Holger and Wllhelmlna Hedegard, 1401 Orange. Ezra and Pearl Carrico. 1010 Hosbrook. Samuel and Edna Grlner, 1745 Lockwood. Prentice and Marie Hall, 4018 E. Thirtieth. Orville and Pearl Taylor, 511 Chase. Marvin and Elizabeth Craig, 1642 Sheldon. Francis and Estella Mclntyre, 2155 N. Oxford. Edward and Melvina Allard, Christian Hospital. Orvll and Bertha Dalton. 527 S. Auburn Henry and Hazel Schnltzlus. Methodist Hospital. Louis and Florin Phipps, Methodist Hospital. Hospital ond and Helen Cr ora, Methodist Lela and Cecil Sims, Methodist Hospital. James and Lucy Murray, Methodist Hospital. Hugh and Jessie Copsy, Methodist Hospital. _ Twins Ray and Bertha McNanny, 1127 N. Dearborn, boy and girl. Ivan and Edith Buckler, 1321 Eugene

Deaths William Warren Stewart, 77, 630 N. West, chronic myocarditis. ’ pne2mo r nla ° Ward ’ *’ Clty hosplta1 ’ broncho Alta Marie Rogers, 4 mo., 513 S. East broncho pneumonia. Celia Masure, 80. 3055 N. New Jersey, arteriosclerosis. Algln H. Schock. 38. Central Indiana Hospital, general paralysis. Bettie Duncan. 56, 417 Darnell, myocarditis. cldentai rd P ' Gl ° r ’ M ’ 2352 Broadwa V* acMaggie Henderson, 68. 1314 Bates, uremia. Katherine Benton Tinsley. 92. 134 W Twenty-First, cerebral hemorrhage. Esther Naomi Bange, 9, Methodist Hospital, toxemia. Romenia M. Roberts, 34, 1800 N. Tibbs lobar pneumonia. Anna Laureno Btorm, 9, 1335 Udell, diphtheria. James Logston, 70, city hospital, chronic nephritis. Willie Lee Carney. 28. 2414 Caroline. Influenza. Mlda Louise Russell, 13, 3261 Euclid, acute nephritis. Endry Androyna, 2 hrs., 712 N. Warman, premature birth. Frances Jackson, 27, city hospital, acute nephritis. George Pace, 40, 711 W. Eleventh, acute nephritis. William D. Underwood, 77, Twenty-First and Illinois, chronic myocarditis. Cordia Suitor, 56, 1424 N. Mount, mitral Insufficiency. Sophia Peters, 67, 4918 Carrollton, carcinoma. David Stucwk, 73, city hospital, cerebral •hemorrhage. Sallie Plummer, 54, 1426 E. Eleventh, cerebral hemorrhage. Harry Dale Conner, 53. Car on E. Tenth St., acute dilatation of heart. Susan Shields, 53, 444 Agnes, acute nephritis. Building Permits White Castle System, eating house, 601 W. Washington, $3,000. William R. Cooley, dwelling and garage, 1229 N. Riley. $3,206. Oliver P. Gray, furnace, 443 S. Dearborn. $260. Harry E. Willltts, furnace, 28-30 S. Jenny Lane, S3BO. Guy Aronhalt, furnace, 5247-5248 College, $350. Ed Weddie, furnace, 824-826 N. Bosart, S3OO. Royal Building Company, furnace, 417419 W. Thirtieth, S3OO. Alfred Young, furnace, 1402 N. Drexel, S2OO. Holloway Building Company, furnace, 7320 W. Forty-Third, $360. W. F. Perrish, furnace, 5851 N. Pennsylvania, $366. Southern Lumber Company, furnace. 5549 Guilford. $253. Southern Lumber Company, furnace, 5233 N. Delaware, $253. F. M. Bartholomew, furnace, 4618 Washington boulevard, $385. Southern Lumber Company, furnace, 5776 N. Delaware, $253. Robert K. Cordell, furnace, 1226 N. Unwood, $2,100. Sam Davis Realty Company, furnace, 1409 E. LeGrande, $lB2. Bridges & Graves, furnace, 5875 N. Delaware, S3OO. C. C. Urban, dwelling and garage, 135 W. Forty-First, $4,350. J. F. Nicodemus, furnace, 1117-1119 N. Keystone, $530. George A. Hilgemire, alterations, 401-405 W. Michigan, $1,500. o H. E. Johnson, basement, 42 S. La Salle, $250. Mrs. Mary Wallace, repair, 804 Greer. S3OO. Mortgage of $1,200,000 on property of the Turner Glass Company of Terre Haute, Ind., with the National Bank of the Republic of Chicago, 111., was filed with county recorder Frank Childers today. The mortgage will yield 6 per cent. The company recently filed supplementary articles of association removing the main office frf<ni Vigo to Marion County.

THE CITY IN BRIEF

FRIDAY EVENTS Altrusa Club luncheon, Columbia Club. Knights of Columbia luncheon, SpinkArms. Chamber of Commerce Open Forum, Chamber of Commerce. Exchange Club luncheon, Lincoln. Optimists Club luncheon, Claypool. Phi Delta Theta luncheon. Chamber of Commerce. Delta Tau Delta luncheon. Board of Trade. Enterprise Civic Club meeting. Branch library 5, 8 p. m. Crooked Creek Community Club meeting, Crooked Creek School, 8 p. m. “Don’t forget the birds when the ground is snow-covered,” is the advice of Samuel E. Perkins of the Nature Study Club. He urges that food be made accessible and also that warm water be put out for the birds to drink. * “Religion in the New Era,” is the topic of the address to be given by Rabbi S. B. Freehof, Chicago, at the Kirshbaum Community Center Sunday night. The lecture is a CQntinuation of the open forum series and will be followed by discussion. Seventy men were enrolled on Wednesday night for the twelve weeks’ Bible study courses to be given under auspices of the Bible Investigation Club at the Y. M. C. ./L Brookside Lodge No. 720, F. and A. M„ will celebrate the fifth anniversary of the opening of the temple Friday night. Ground was broken Oct. 25, 1922; the comer stone was laid Dec. 16, 1922, and formal dedication was Jan. 6, 1923. 11l health was given as the motive for the suicide attempt of Mrs. Emma Wynn, 50. found unconscious at her home, 922 Park Ave., late Wednesday. An empty poison vial was found in the kitchen. Her condition is critical. A “hit-and-run” driver put on more speed after his automobile struck a machine driven by Charles Cory, 42, 430 W. New York St., at New York St. and Capitol Ave. Cory was injured. A portable typewriter, 32-caliber revolver, check writer and nickels out of a pay telephone made up the S7O loot taken by a burglar at the Brookside GarageC 1510 Brookside Ave., Wednesday night. Entrance was by a rear window. Evansville police today requested local officers to search for Mrs. Virginia Jeffries and to tell her of the death of her daughter, 1 year old. C. C. Coogan, deputy sheriff there said the child has been dead three days and a burial permit will not be issued until the mother is located. Mrs. Jeffries is believed employed in this city. Fifteen minutes late for a “date” was the excuse Lawrence Dugan, 23, of 1048 S. West St., gave police when he was halted for speeding in his machine at Indiana and Senate Aves. Wedensday night. Officers Kinder and Renforth said his car blew out a tire and careened dangerously due to high speed. He was late for the date, and today faced charges of speeding, reckless driving and resisting an officer. GRAND JURORS CALLED New Venire Expected to Be Drawn by Moaday. John Ellenberger, R. R. G., and George Cottman, 336 N. Ritter Ave., tentatively selected for grand jury service by Criminal Judge James A. Collins, Monday, were ordered to report in court again Monday by Judge Collins today. By that time it is believed jury commissioners will have drawn another venire of ten prospective grand jurors who also will report at that time. Illness of Commissioner Joseph R. Raub has prevented the drawing. Nine prospective petit jurors also will be drawn.

NEGRO PROWLER FOUND Flees as Woman Opens Door, Suspicious of Noise in Hallway. Mrs. Perry Hughes, 1002 N. Illinois St., heard a noise in the hallway at her home Wednesday night and opened the door quickly to find a Negro holding the door knob on the otherside. He ran. Abraham Harris, 710 E. Georgia St., reported a phonograph, smoking stand and vacuum, total value $107.50, stolen from his apartment. Lee Fear, 1430 Finley Ave., reported a portable sewing machine, value $175, taken from his home. FRAT BUTLERS ‘JINE UP’ University of Georgia Negroes Have “Code of Ethics.” B.U United Press ATHENS, Ga., Jan. s.—Negro butlers at University of Georgia have formed an organization known as the Sigma King fraternity. Some of the “musts” of the fraternity follow: Members must keep their social ranking in Athens. They must attend all football and baseball games in Athens and rent a “U-Drive-It” to go to the TechGeorga game each year. They must dress in a manner befitting the “fraternity man.” KLINCK ARRANGING BAIL Steve Aid at Evansville Hears Rumors of Indictment. Declaring he had heard rumors he was indicted by the Marion County grand jury Saturday, Earl Klinck, former bodyguard of D. C. Stephenson, deposed Indiana Klan dragon, was arranging bond in Evansville, Ind., according to dispatches. The jury returned one indictment in its final report. The name of the defendant was withheld pending arrest. CHECKER EXPERT HERE U. S. Champion Will Meet All Comers Here Saturday. Here’s a chance for all the fire station checker sharks to see how it shoul dbe done. Newell W. Banks, checker champion of the United States and leading chess player, will play all comers, chess and checkers, simultaneously at the Y M. C. A. at 4 p. m. Saturday.

13,000 TO SEE G. O-MmEY Kansas City Conclave Hall to Seat Throng. By United Press KANSAS CITY, Mo., Jan. 5. Accommodations for 13,000 persons will be provided in Convention hall in Kansas City for the national Republican convention in June, it was announced by David W. Mulvane, national committeeman for Kansas, chairman of the sub-committee in charge of arrangements Detailed plans of seating arrangements in the hall, were made out by the committee in preparation for distribution of tickets to the convention. Under present plans, 2,200 delegates and alternates will have sole right to the main floor of the arena. Alternates will be seated directly in the rear of their delegate. Specific plans were approved for construction of a platform at one end of the building. Seating arrangements will be provided for 150 on the platform. National committeemen ana officers of the convention will occupy these seats. Provisions will be made for 600 newspaper men, who will be provided with a special entrance and exit. Donald Fultz, 17, of 141 Virginia Ave., was burned on the left iv\ Wednesday night when a blow torch exploded at his home. Firemen extinguished the blaze. Loss was slight. AMUSEMENTS

Kelth’s

NOW PLAYING WEAVER BROS. And “Elviry” “Original Handsaw Musicians.” BARRON & BENNETT VIRGINIA BACON & CO. with Eugene Jenkins —Jack Kearney BROWN & LAHART FLU ERETTEJEOF FRIE “The Coloratura Soprano” Fathe News. Comedy, Topics. Fables FEATURE PHOTOPLAY. “THE WIZARD” With EDMUND I.OWE. New Prices—New Policy Continuous 1 to 11

' C/2W/> "" A Broadway Revue of Class STEPPING ALONG WITH BEAUTIFUL, GORGEOUSLY GOWNED GIRLS DIXON & HOIER CO. BOBRIN BERTA THREE HERBSTANAS SHATTUCK & GOLDEN RUSS, LADELL & PETE EXTRA ADDED FEATURE STANLEY & BIRNES Two Bright Lights from Broadway MOTION PICTURES

(JpOtU# Gripping! \ Astounding! ijjL ESSKm! tMimdaj —WITH—GARY COOPER, EVELYN BRENT, NOAH BEERY, AND WILLIAM POWELL /answer i iiAir£a

JOHN GILBERT JEANNE EAGELS in "Man, Woman and Sin” *'l don’t care what you have been,” he said —RUT —the world cared. Overture Vita phone presents “GOODBYE 1927— HELLO 1928” ROSELLE and MACK—Thriller* EDDIE RESENER, conducting GEORGE GIVOT and Melody Girl* Ossman &, Schepp, banjoist* Comedy Novelty Fable Frank B. Nusbaum, tenor Chats News Kffpfll AMUSEMENTS

l STARTING MONDAY AND ALL WEEK / JANUAPY-fl *-V MAT WED.4SAT. O A'! Seats 504 - 751 and nuo r UfL. J/o ‘Higher RETURN OF SAME GREAT COMPANY RECENTLY -SEEN AT ENGLISH'.) Abies Irish Rose Jrtie Michols Comedy of Uproarious Jfawgkter/ SHUBERT Mtmr^su

JAN. 5, 1928

GIRL STRUCK BY AUTO Runs Into Street While Playingj Painfully Injured. Darting into the street while playing, Leona Crawford, 6, of 2163 Madison Ave., was struck by an automobile driven by Charles Lerch, 39, of 1141 N. Beville Ave., late Wednesday. After treatment at the city hospital she was returned to her home. Miss Lois Critchfleld, 1117 Broadv way, was recovering at St. Vincent Hospital, being taken there late on Wednesday after being struck by an automobile driven by Wayne Yelton, 25, of 114 E. North St., at St. Clair St. and Massachusetts Ave. Her left shoulder was dislocated and her body bruised, police said. AMUSEMENTS

P*32 ENGLISH’S Messes bhubert invite .vOu lo Peep Through the Keyhole al the NigM l ite of OUS CWC SAU ENTOUkAGE OF 159 TC OCC SALON D AT Z. I *| k JLL The LIVING “■■■ ■ ** “■ NEXT SUNDAY NIGHT and All Week

| Twice Daily at 2:30 and 8:30 I Seats Now Selling Every Seat Reserved Most Stupendous Production Ever Offered in Indianapolis The Sensation of New York, London, Paris and Berlin; First and OnlyShewing Here This or Next Year. Co.’s own Symphony Orchestra World’s Greatest All-Star Cast MICUTC* Gal., 50c; Bal.J 75c, sl.lO nmnio. . Lower Flortr, ?1.65 Gal., 50c; Entire Bal., 750 M4TINFFC’ Lower Floor, *l.lO InnllllLLO. (Including Tax)

—"*■ MUTUAL—— BURLESQUE THEATER HARRY ( 5,'".°) Fields WITH SUGAR BABIES AND ? DOTTIE ft A FAST. FURIOUS, FUNNY SHOW MOTION PICTURES

INDIANA WILLIAM HAINES ix “SPRING FEVER” CHARLIE" DAVIS AND BAND PUBLIX Ist REVUE ROY CROPPER RUNAWAY 4 3 KEMMYS LIME TRIO MAURICE—NEWS

TED M’NAMARA, SAMMT COHEN. Comedy Team of •WHAT PRICE GLORY,” In a comedv classic of War Daze and Parisian Nites — “THE GAY RETREAT” Christie C: ome and y. “H ot PaDa” CONNIE and his BAND—Jimmie Hatton, Soloist.