Indianapolis Times, Volume 39, Number 207, Indianapolis, Marion County, 6 January 1928 — Page 24

PAGE 24

LIST DISPLAYS RESISTANCE IN EARLYDEALING Strength Shown Against Efforts to Expand the Reaction.

Average Stock Prices

Average of twenty industrials Thursday '• as 199.91, oS 2.63. Average of twenty Mis was 140.08, off .31. Average of forty bonds was 99.32, off .05. P.i United, Press NEW YORK, Jan. 6.— Remarkable resistance was displayed in early ('ealings on the stock exchange to'.'iy to efforts to expand the reaci'on which gripped the list most of (he session Thursday. Volume of business was again of large propori ons. United States Steel opened with a ' ?.in of M at 14914 and then ad- • . need a shade. General Motors . so moved up. quickly making up r i early loss of 14 point scored on me opening price of 135%. Special issues were again in favor. * lternational Match spurted to a aw record high at 103%, up four points. Motor shares were again in i rmand as packing stocks and some c f the utilities. Reynolds Tobacco r> rose IVj to 159%, and Certaineed - to 59%. The latter was aided by reports of a merger with United irtates Gypssum. Considerable attention converged on the oil shares, which have been neglected of late. Talk of merger between Texas corporation and California Pete brought advances in both these issues. Pan American issues were strong and good buying developed in Marland, General Asphalt and several other issues of the group. Describing the market, the Wall Gtreet Journal’s financial review says: “Wall Street had been prepared for the increase of $92,401,000 inlocal broker loans during the week ended Jan. 4, by the stock exchange loan figures for December, which covered the first two days of the last Federal report. “Asa result the market was firm in early dealings and left over liquidation was absorbed in good style. “Price changes in speculative leaders were fractional, but were mostly on the upside.’’ Rallying tendencies broadened in the late morning and new highs on the recovery were reached by industrial leaders. Steel and Allied Chemical were strong. Buying of Allied Chemical was largely of long pull variety attracted by the substantial appreciation over last year in the company’s security holdings. Accumulation continued in General Motors by the interests which have sponsored the important movements m this stock report for several years. One house with Wilmington connections was reported to have purchased more than 200,000 shares in the past several weeks. Another stock exchange house with influential banking connections has been a big buyer of General Motors. Detroit has been bearish on General Motors, but selling from this source has been well absoi-bed.

Banks and Exchange

CHICAGO STATEMENT Bit United Press J CHICAGO, Jan. 6.—Bank clearings today were $143,600,000; clearing house balances, $18,300,000. NEW YORK STATEMENT P.y United Press NEW YORK, Jan. 6.—Bank clearings, 81.672.000.000. Clearing house balance, $152,000,000. TREASURY STATEMENT V.y United Press WASHINGTON. Jan. 6.—The Treasury net balance for Jan. 4 was $244,429,856.37. Customs receipts, this month to Jan. 4 were $3,429,779.48. FOREIGN EXCHANGE By United Press NEW YORK, Jan. 6.—Foreign exchange opened steady. Demand sterling# $4.87 7-16; francs, 3.93V5C. off .OO'/ac: i"a. 5.28>4c; belga. 13.98 c, up .01c; marks, 23.84%c.

t Produce Markets

Butter (wholesale Drice)—No. 1. 52®> 55; No. 2. 49®50c. Butterfat (buying prices)—s36s4c. Eggs—No. 1 fresh, averaging 25 ounces to doz.. 40c; No. 2. 25c; general run, 37 @3Bc. Cheese (wholesale selling prices, per pound)— American loaf. 35638 c: pimentc loaf, 38640 c; brick loaf, 35638 c; Swiss No. 1,42644 c: imported Swiss. 62c: Wisconsin flat, mild and sharp, 32634 c; prints cream, 38 6 40c; flat display, 28630 c: Longhorn, 28 629 c; New York limberger. 4?6 44c. Poultry (buying prices)—Hens, 19®22c; Leghorn hens, 146 15c; spring, 20622 c; Leghorn springs, 146 15c; staggv voung springe. 15617 c; soft mcated, 14®15c; roosters, 10® 12c: Leghorn stags, 10612 c; turkeys, young toms. 35c: young hens( 35c: old toms, 25c; old hens. 25c; ducks. 15@16c: geese, 14616 c; guineas, voung, 50c; old, 35c. I'.ij Vttilcd Pits* CLEVELAND. Jan. 6.—Butter—Extras. In tub lots. SS I /j6 55 , 2 C: firsts, 47 6 49c; seconds, 436 45c; packing stock. 30632 c. Eggs—Extras, 50c; extra firsts, 47c; firsts. 45c: ordinary, 34c; pullet firsts. 29c. Poultry—Heavy: fowls. 28630 c; medium. 276'28c: Leghorns, 206:22c; heavy springers, 29630 c; medium. 23625 c; Leghorn springers. 206 22c: ducks. 246 26c; geese. 236 25c; cocks. 17618 c: turkeys, 336 35c. Potatoes Round white. 150-lb. sacks. New York, 53.256 3.35; Maine. $3.50; Ohio. $3.15; Michigan. $3 206 3.25; Wisconsin. $3: 120lb. bags. Minnesota, $2.4062.50; 115-lb. bags. Idaho russets, $2.606.2.75; rurals, $2.40® 2.50. ]\’l Vnitcd Prct NEW YORK. Jan. 6.—Flour—Quiet and firm. Pork—Mess. $32 6 33. Lard—Quiet; Midtvest spot. $12.40612.50. Sugar—Raw firm; spot 96 test delivered duty paid, 4.65 c; ref.ned steady; granulated, 5.756: 5.80.1. Coffee—Rio No. 7 on spot, 14'/c: S-incus No. 4. 21%6 22’4c. Tallow—Firmer; special to extra. Blß®9c. Hay—Weaker; No. 1, $1.0561.10: No. 3, 80#95c; clover. 65c®$l. Dressed poultry—Steady to firm; turkeys. 254/48c: chickens, 186 35c; capons, 28 6 46c: fowls, 166 30c: ducks. 186 27c; Long Island ducks, 236 26c. Live poultry -Quiet; geese. 25c: ducks. 23636 c; fowls, 23632 c: turkeys. 30645 c; roosters, 18c; chickens, 226 32c; capons. 356 45c: broilers. 30640 c. Cheese—Firm: State whole milk fancy to cpecials. 296 29>ic: Young America, 29 6 29 , tc. Potatoes—Long Island, $2 6'4.25; Jersey, basket, 50685 c; Southern, basket. $162; Maine. $2 8563.75: Bermt in. ssf<tl2. Sweets—Jersey, basket, $1.6062.50; Southern, basket. 75c(51.25. Butter—Steady: receipts. 13.077; creamery extras. 52c; special market. 52 , /l i (i/ 53c. Eggs—Firm: receipts. 10.391; nearby white fancy. 516 52c: nearby State whites. 49® 50c: fresh firsts, 46 1 /j647c; Pacific coasts. 47®51 lie: wr-torn whites, 426 48c; nearby browns. 516 52c. A1 Smith May Be Lawyer NEW YORK, Jan. 6.—Friends of Governor A1 Smith are urging the Legislature to pass a special bill admitting him to the bar. Although a layman, the executive has been offered admittance to a law firm wfiea bis ter® expire^

New York Stocks (By Thomson & McKinnon)

—Jan. 6 Railroads— Prev. .... High. Low. 12:00 close. Atchison 192 191)4 192 191% At Coast L 185 B & O 117 ... 117 11674 Can Pacific 21274 21114 21214 211 O & O 203 C& N W 8674 ... 8674 87 C R & P 11074 ... 11074 11074 Del & Hud 182 V.. Del & Lack ....136 ... 136 139>/ Erie 6474 64-74 6474 6474 Erie Ist pid ... 6274 Gt No pfd 97 Lelv*gh Val 92*4 ... 9274 92% K CSoi’th ... 61% ... 61% 6174 L & N 152 M K & T 4074 3974 40% 4074 Mo Pac pfd 113% 11274 112% 113 N Y Cen 163 161% 162 16174 N Y N H& H.. 66 65% 65% 66 No Pacific 9774 97 97% 97% Nor & W 188% ... 188% 189% Pere Marq 12574 Pennsy 6474 Reading 104 ... 104 10374 Southern Rv ...145% 14574 145% 145% Southern Pac ...122% 12274 122*/ 4 122*/ 4 St Paul 19 74 ... 1974 1974 St Paul pfd ... 37% 37 3774 37 St L &S W ... 76% ... 7674 77% St L & S F 112% 112% 11274 11174 Union Pac 191 ... 191 19174 Wabash 64 ... 64 6374 Wabash pfd 9374 Rubbers— Alax 13% 13 13% 1374 Fisk 16% ... 16% 17 Goodrich 9474 ... 94 94*, 4 Goodyear 70% 68% 70 69 Kelly-Spg 25 2474 25 24% U S Rubber ... 61% 6074 61% 60 Equipments— Am Car & F....109% 108 1 0974 10774 Am Loco .114% 112 11474 11174 Am Stl Fd 66% 64 66% 64% Bald Loco 252 ... 252 255 Gen Elec 13574 134 13574 13474 Lima 6374 63 6374 63 N Y Air Bk 45 ... 45 45% Pres Stl Car 75 Pullman 84 83% 83’4 8374 Westh A B 49% 49 74 49 % 49 Westh Elec .... 8974 88% 8974 8974 Steels— Bethlehem 57% 57 57% 57 Colo Fuel 77% 77% 7774 7674 Crucible 89% 88% 89% 89% Gulf St Steel 53% Inland Steel.... 60 59% 59% 59% PRC & I 38'4 38% 38'4 3874 Rep Steel 6074 ... 6071 60% Sices Sheff 126 U S Steel 150% 149 15074 149 Alloy 32% 31% 31% 31 Vanadium 64-74 637-4 6474 6374 Moto-s— * Amer Bosch 21 Chandler 17 3 4 ... 17% 1774 Chrysler 60% 5974 59% 5974 Con Mo 10% ... 10% 1074 Dodge 23% 2174 23 22% Gi-bnel 28% ... 2774 28% Gen Motors 13674 13574 136 135% Hudson 8374 82% 83 8274 Hupn 34 3274 33% 33 Jordan 13% 1374 13% 1374 Mack 106 104 106 10474 Yellow C 32% ... 32% 32 Moon 7'/4 ... 7% 7 Nash 98 97 98 98 Packard 61% 61% 61% 6i* 4 Peerless 20% 20' . 20% 21 Pierce Arrow.... 147, 541, 1414 1414 Studebeker 61% 6i% ri>, 61 ’b stew war 83% 827 4 83% 82% Timken 130% 130 130% 130% wilivs Overland. 20% 19% 20 20 White Motors .. 397 4 ... 39'4 39% Mining— Amer Smelting. 178% 177-74 178% ltR% Anaconda 57% 57 57 57 Cer Do Pas 68% 67% 67% 67a. chile 41 40 7s 41 40*4 Green C 151 146 149% 148% Ist Nickel 84*4 8274 84% 83>; Kennecott B*% ... R 4% g 4 a. Magma 53*4 52*4 53.% 52% Tex G arid S 7874 78 78 % 77% U S Smelting 44% Oils— At Ref 109% 109 109% 108% Cal Pete 26 24% 2574 2474 Freeport Texas .104% 103% 104% 103% Houston 153% 151% 153 151% IpdPt Oil 26% 26 26% 25% JJariand C .... 36% 357-4 36 36% Mid C Pete 2974 28% *29 29% Eago 3474 ... 34% 34% Pan-Am Pete B 4674 4574 45% 46 gro & BefS ... 2574 25 25% 2474 Pe i e „ 42 % 41V ’ 42 42 Union Oil 44 % 44% 44% 43% Pure Oil 27% 27 27% *>7l!, P’y’l Dutch .... 4774 ... 4774 4774 Shell 25% 25 74 25 % 257, Sinclair 217s 2074 20% 2174 Skelly 27% 27% 27% 27% SO of Cal 55% ... 55% 557', SOof N .T.... 40 395; i 0 397i S O of N Y 31% 31 31% 31 >4 Texas Cos 54% ... * 54% 54 frans Pete 87 n ... a% 9 Whl Eagle 2374 2274 23 2274 Industrials— Adv Rumly .... 12% ... 1274 127'. Allis Chaim 120% 117 119 117 Allied Chem 156’4 153 156 154 Armour A 13*4 13% 13% 1374 Amn Can 73% 7274 7374 73% Am H-L ... ... 11 *4 Am H-L pfd 56 74 5 S 5674 55' Am Safety R 571/2 Am Wool 2174 Am Linseed 63J4 62% 63*4 63 Coco Cola 129% ... 129% 129% Cont Can 83% 82*4 83 83% Cert Prods 5874 Dav Chem 44 435/2 44 441/ Dupont 317 ... 317 319 Famous PI 114% ... 113% 114 Gen AsDhlt 87*4 8774 87*4 86 Int C Er.gr 5274 5174 52 1 4 51*4 Tnt Paper 7174 ... 71% 71% Int Harv 23974 May D Sta 8374 ... 8374 83 Mont Ward 124% 12274 124 122% Nat Lead 127 74 ... 127% 12674 Owen Bot 79 ... 78% 78% gadjo . 93% 91 9174 9074 Rem Rand 2474 24 24 74 24 74 Sears-Roeb 88 8774 87% 86% United Drg 193 1 9274 193 192 Univ PiDe 25 74 2 5 25 74 24 74 U S C I P 209% U S In A1 109 107 109 10674 Woolworth 19074 18974 19074 189% Utilities— Am Tlz T 180*4 1 7974 1 30*4 1 79% Am Express 173 ... 173 173 Am W W 55 58 Brklyn Man ... 55 ... 55 54% Col Gs &El 90% ... 90% 90% Cons Gas 12274 12274 12274 122% Intcrbqro 30 ... 30 2974 No Ani Cos 59% 58*4 -69 5974 Peoples G 16174 159*4 161 159% Phila Cos 149*4 S Gas &El 5874 ... 5874 5874 West Union ....174 ... 174 17374 Shinping— Am In Corp ... 74 7274 74 72% Am S & C 4 ... 4 4* Atlantic G 3914 In M M pfd ... 4174 ... 41 41 United Fr 14074 ... 140% 142 Foods— Am Sugar 75% 74 75% 73% A B Sugar .".... 17 ... 17 17 Austin N 6% 674 6% 674 Beech N 76* ... 76% 76% Calif Pkg 76% ... 76% 7514 Com Prods ... 6574 6574 657a 64% Cuba C pfd 30% Cuba A Sug ... 2274 ... 2274 2274 Fleischmann .... 70 69% 70 69% Jewel Tea 85 ... 85 8474 Nat Biscuit 170% 169% 170% 170% Punta Ale 33% 32% 33 32% Postum 128% 126 128 126 W Bk B 27 Tobaccos— Am Suma 6074 ... 6074 60% Am Tob 173 Vs ... 1737a 1717^ Am T B 17374 ... 172% 173 Cons Cigars ... 8474 83 84% 8374 Gen Cigars 71 ... 71 71 Liggett 122 ... 122 121 % Lorilard 37% R J Rev 159% 158% 159% 1587a Tob P B 11074 11074 11074 110% U Clg Stor 32 317a 32 31% Schulte R S ... 52 ... 52 5174

Local Wagon Wheat

Local grain elevators are paying $1.32 for No. 2 red wheat. Other grades are ourchased on their merits.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Jan. 6. —Distribution which has been going on for a long time overflowed yesterday into broad public liquidation. It was the inevitable reaction which has been foreseen for some time. Support came into the market in a manner to stem the decline somewhat, out I think this could be only a temporary palliative. Nothing can ever stop the stock market taking final account of actual conditions and this reckoning seems now at hand. I think it is advisable to sell stocks at every strong period. Alleged Forger Held B,y United Press MISHAWAKA, Ind., Jan. 6. Charles Stout, 40, was held here today for Pekin, 111., police, who want him on a forgery charge. He was arrested when attempting to pass an alleged worthless check. Stout had $4,220 worth of certified checks in his pocket which police charge were bogus. They were all drawn on the law firm of Stowe & Kirchner, Ft. Dodge, lowa. Stout was posing as Charles Stowe here, police

HOGS CONTINUE SLUMP, FALLING OFF2SJJENTS Buk and Top Porker Price $8.45; Receipts High in Other Classes. —Hog Price Raege— Dee. Eulk. Top. Receipts. 30. 8.50(d) 8.90 8.90 8,500 31. 8.50® 8.90 8.90 3,000 Jan. 2. 8.504? 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 6. 8.25® 8.40 8.45 12,500 Continuing the slump which began Wednesday, porkers declined again today at the Union Stockyards generally 25 cents on the hundredweight. The bulk and top price stands at $8.45. Receipts were slightly lower at 12.50 Q, and 618 were held over. There was practically no early trading at Chicago and the few bids on choice heavy animals were around 25 cents lower at $8.25 @8.35. About 50,000 hogs were received and 20,000 of the enormous receipts Thursday were held over. Hog Price Range All animals weighing 160 pounds and upward dropped 25 cents to $8.45, heavy butchers, 250-350 pounds selling in a range of $8.25 @8.45. Light material in the 130-160-pounct-class was off 25 cents at [email protected]. and pigs, 90-130-pounds, sold at $7 @B, off the same. Packing sows went at $6.50 @7.50, 25 @SO cents lower. A steady to uneven tone prevailed in the cattle market, with 1,400 received. Beef steers were up 50 cents at [email protected], but cows sold at s7@lo, off 50 cents on the low end of the range. Low cutter and cutter cows were unchanged at ss@ 625 as were bulk stock and feeder steers at $7.50 'a 9. Lambs Strong Calves were steady, the best selling at $16.507f< 17.50. and heavy calves at $6.50@10. Approximately I.iOO were brought to the yards. Bulk fat lambs were strong to higher, selling at sl2® 13. while the top in the sheep and lamb division was unchanged at sl3. Bulk cull lambs were steady at $7.50@10 as were fat ewes selling at $4.50 @6.50. Receipts were estimated at 1,200. —Hoes— Receipts. 12,500: market lower . 2do-350 lbs $8.35® 8.45 200-250 lbs 8 45 160-200 lbs 8 45 l 2o :i®° lb ß 8.0047 8.25 90-130 lbs 7.00® 8.00 Packing sows 6.50® 7.50 -CattleReceipts. 1,400; market steady to uneven. Beef steers $11.50015.50 Beef cows .. 7.004,10.00 T ow cutter and cutter cows ... 5.00® 6 25 Bulk stock and feeder steers.. 7.50@ 9.00 —Calves—- _ . Receipts. 1,100; market steady. Best vealers $16.50® 17.50 Heavy calves 6.50® 10.00 —Sheep and Lambs— Receipts. 1.200; market steady to strong. Top fat lambs sl3 00 Ru!k fat lambs ~..f 12.00® 13.00 Bulk cull lambs 7.50® 10.00 Fat ewes 4.50® 6.50 Other Livestock Bu United rrcss , CLEVELAND. Jan. 6.—Hogs—Receipts, 3 000: market 51® 25c down: 250-350 lbs., J B -75/., 3.85; 200-250 lbs.. [email protected]; 160209 lbs.. $8.750 8.85: 130-160 lbs.. sß® 8.85' 200-250 lbs.. $8.75,.,8.85; 160-21.-0 lbs. $8 7a 130*160 lbs.. $8 <l-8.85: 90-130 lbs.. $7-75® 8: packing sows, $6.75® 7.25. Cattle —Receipts, 150; calVes. receipts 200; mar- . s te , a , d , v / sows steady; beef steers. $10.50® 11.50; beef cows. $8.50; low cutter and cutter cows. $4.50® 6: vealers. sls® 18. Sheep—Receipts, 1,200; market weak to 25c down- top fat lambs. sl4; bulk fat lambs *13.50® .4; bulk cull lambs. $10.50 it 12; bulk fat ewes, ss®7. Bu United Press * EAST BUFFALO, Jan. 6.—-Hogs Receipts. 6,400; holdovers, 767; market 25® 35c lower; 250-350 lbs., $8.7569.10; 200-250 lbs.. $8.75® 9; 160-200 lbs.. $8.65®9; 130160 lbs.. $8.25® 8.65; 90-130 lbs.. sB®B 25packing sows. $6.75®7.25. Cattle Receipts. 300; calves, receipts 700; market steady, calves 50c up; vealers, $17.50® 18 Sheep—Receipts, 6.800: market 25: down: bulk fat lambs. $13.50® 13.75; bulk cull 7 & 50^ S ’ bulk fat ewes, s6® Bu Times Special , COUISV I :LLE, Jan. 6.—Hogs—Receipts 1.200; market, 20c lower; mediums and heavies, $8,104/8.50; pigs and lights, s6.lo®' 7.35; throwouts and stags. $5.85® 6.60. Cattle—Receipts, 200; market active and steady. Calves—Receipts, 300: market, steady; god to choice, $12.50® 14.50medium to good, $10012.50; outs. $lO down. Sheep—Receipts. 100; market, steady; top lambs. $12012.50; seconds. s7® 9; sheep, s4®, 5.50. Thursday's shipments: Cattle, 43; calves, 101; hogs, 588; sheep, none. Bj) United Press PITTSBURGH. Jan. 6.—Hogs—Receipts, 600: market. 25® 45c lower; 250-350 lbs., 58.854(8.90: 200-250 lbs.. $8.85® 8.90: 160200 lbs.. $8,754/8.90; 130-160 lbs.. $8.50® 8.85; 90-130 lbs., $8®8.50; packing sows. $74/7.35. Cattle—Receipts. 10. Calves— Receipts. 200; market, steady; beef steers, $10.50®14.10; vealers, $15.50®17.50. Sheep —Receipts, 1,000; market, weal; to 25c down; top fat lambs, $13®14; bulk cull lambs, sß@lo. NAME DIVISION CHIEF Col. A. J. Dougherty Assigned to Indianapolis. Bu Times Special WASHINGTON. Jan. 6.—C01. Andrew J. Dougherty has been transferred to Indianapolis as chief-of-staff of the Eighty-Fourth division, succeeding Col. H. P. Richmond, the War Department announced today Transfer was from the TwentyFifth Infantry, Nogales, Ariz. Dougherty will report here after short temporary duty Hayes, Columbus, Ohio. He enlisted as a private in 1897 and rose through various ranks to colonel In 1923. He is a 1911 graduate of the Army War College; 1906 Staff College, and distinguished graduate of the Infantry cavalry school in 1905. He holds a citation for bravery in action. C. W. WINTERBERG DIES Resident of City Since Coming From Germany, 52 Years Ago. Funeral services fer Charles W. Winterberg, 70, who died Thursday at, his home, 2056 Central Ave., will be held at the home at 2:30 p. m. Saturday, followed by burial at Crown Hill cemetery. A native of Germany. Mr. Winterberg had been a resident of this city since coming to the United States fifty-two years ago. He is survived by a son, Homer, and two daughters, Mrs. F. L. Throne, Tampa, Fla., and Miss Eva SWnterberg, Indianapolis,

THE INDIANAPOLIS TIMES

In the Cotton Market

(By Thomson it McKinnon) NEW YORK. Jan. 6.—The cotton market was a local affair Thursday, sales were mostly for short account, under the circumstances I think the market stood up very well. I don’t see any big price change immediately ahead of us. but it will continue to be a good trading proposition. Bu United Press NEW YORK. Jan. 6.—Cotton futures opened higher. January. 19.15. up 5; March, 19.20, up 2; May. 19.32, up 2; July. 19.15, up 2; October, 18.55, up 1; December, 18.48. up 2. CORN EFFECTED IN CHICAGO BY BULLJSHTREND Light Receipts and Warm Weather Induce Strength in Yellow Grain. ry United Press CHICAGO. Jan. 6.— Strength in corn, induced by light receipts apd expected warm weather, was the only feature of today’s colorless session on the Chicago Board of Trade. Wheat and oats were about steady in quiet markets. Wheat was slow all day, midsession losses evening up the slight bulge of the opening. Corn was weak at the opening, but early rallies and slight bulges during the day netted fractional gains that were holding well late in the session. Receipts were unexpectedly light at principal points, and buying was stimulated. There were no features, no news, and small price changes in the oats market. Provisions worked higher. Chicago Grain Table —Jan. 6 - WHEAT— Prev. High. Low. 12:00 close. March 130 1.29% 1.29% 1.29% Mav 1.31% 1.30% 1.31 131 July 1.27 1.26% 1.28% 1.26% CORN— March 87 .86% .86% .86% Mav 90% .89*, .90 .90% July 92% .92 .93 .92% OATS— March 54 .53% .53% .53% Mav 55% .54’, .54% .55 July 53 .52 5 a .52 5 .52% RYEMarch 1.08% 1.08 1.03% 1.08 Mav 1.09 . 1.08% I.oß*B July 1.04 1.03% 1.04 1.03% LARD.Tanuary 11.97 11.90 11.95 11.87 Mav 12.30 12.22 12.25 12.20 July 12.45 .... 12.42 12.35 RIBS— January 10.87 May 11.25 .... 11.25 11.22 Bu Timm Special . , .... CHICAGO. Jan. 6.—Carlots: Wheat. 10; corn. 118; oats. 30; rye. 1.

Indianapolis Stocks

—Jan. 6 - , Bid. Ask. Amer Central Life 000 Amer Creosoting Cos pfd 101% 102% Belt R R com 67% 68% Belt R R pfd 59% ... Cent Ind Power Cos pfd 94% 97 Cities Service Cos com 55' i Cities Service Cos pfd 94% ... Citizens Gas Cos com 56' i 57% Citizens Gas Cos pfd 105% 105% Commonwealth Loan Cos pfd... 99 ... Equitable Securities Cos com... 51 ... Hook Drug com 30 ... Indiana Hotel com < Clay pool. 125 ... Indiana Hotel pfd 100 Indiana Service Cotp pfd 85 ... Indianapolis Gas com 60 ... Indpls & Northwestern pfd ... 48 Indpls P & L 6%s pfd 103% 105 Indtils P fi I, 7s 102 102% Indpls Pub Wei Ln Ass'n 47% ... India na noils St Rv pfd 35% 37 Indpls Water Cos pfd 103% ... Indpls Water Wks Sec Cos 98 Interstate P S pr lien pfd 103% 105 Interstate P S 6s pfd 87 Merchants Pub Until pfd 101 North Ind Pub Service pfd...101 104 Progress Laundry com 25% ... Rauh Fertilizer pfd 50 Real Silk Hosiery pfd 85 T H I & F, com 1 T H I & E pfd 16 T H Trac and Lt Cos pfd 90 Union Trac of Ind com % Union Trac of Ind Ist pfd 1 Union Trac of Ind 2nd pfd % Union Title Cos com 79 Van Camp Pack Cos pfd 10 Van Camp Prod Ist pfd 96 100 Van Camp Prod 2d pfd 100 —Bank Stocks— Aetna Trust and Sav Cos 120 \... Bankers Trust Cos 150 ... City Trust Cos 150 ... Continental National 121 ... Farmers Trust Cos 246 Fidelity Trust Cos 162 Fletcher American 178 Fletcher Sav and Trust C0...290 Indiana National Bank 263% 265% Indiana Trust Cos 238 257 Livestock Ex Bank 162 Marion Countv Bank 216 Merchants Nat Bank 340 Peoples State Bank 250 Security Trust Cos 275 State Savings and Trust 100 Union Trust Company 485 Wash. Bank and Trust Cos. ...163% ... Bonds Belt R R and Stockyards 4s ... 90% ... Broad Ripple 5s 81 82% Central Indiana Gas 6s 98 Cent Ind Power Cos 6s 103 Chi 8 Bend & N Ind 5s 15 Citizens Gs Cos 5s 104% 105'% Citizens St R R 5s 87 88% Gary St Ry 5s 89% 91% Home T & T of Ft. Wayne 65.103% ... Indiana Hotel 5s 100 Indiana Northern 2 5 Indpls Northern 5s 11% 14 Ind Rv and Lt 5s 96 Ind Service Corp 5s 96 Ind Union Trac 5s 2 Indpls Col & South 6s 98% 101 Indpls Gas Cos 5s 101% 102'% Indpls & Martinsville 6s .... 79 Indpls Northern 5s 12% 16% Indpls A; Northwestern 5s ... 79 Indpls Power and Lt Cos 5s ...100% 109% Indpls St Ry 4s 67 67*% Indpls Trac and Term 5s 95% 96V 4 Indpls Union Rv 5s 102'% ... Indpls Water 5%s 104% ... Indpls Water Ist 5s 99'/4 ... Indpls Water 4%s 98 ... Indpls Water Wk Sec Cos 65... 100 ... Interstate Pub S 6s 104 ... Interstate Pub S Bs 6%s ....105% ... N Ind Pub Serv Cos 5s 100 T H I & E 5s 85 T H Trac and Light 5s 95 ■ Union Trac of Ind 6s 11% 15 *Ex-dividend. —Liberty Bonds — Liberty Loan Ist 3%s 101.60 101.78 Liberty Loan Ist 4*/ 4 s 103.36 103.56 Liberty Loan 3d 4>is 100.60 100.72 Liberty Loan 4th 4%s 103.84 104.00 U S Treasury 4%s 115.60 115.80 U 4s 110.62 110.84 U S Treasury 3%s 107.78 108.04 U S Treasury 3%s 100.20 U S Treasury 3%s ”02.90 104.10 DRAW JURIES SATURDAY Commissioner’s Illness Delays Completion of Groups. * ( Drawing of talesmen for tl\e grand and petit juries of Criminal Court today was set for 11 a. m. Saturday-^ Completion of the two puries has been delayed by illness of Jury Commissioner Joseph R. Raub. Two members of the grand jury have been selected, leaving four to be> chosen Irom the ten names to be drawn Saturday. The new prospects will report with the two already chosen before Criminal Judge James A. Collins Monday morning. Nine places on the petit jury remain to be filled. Tammany Gets Big Profit NEW YORK, Jan. 6. —Tammany Hall is happy again. The firm to which the sachems sold the old headquarters made a $70,000 profit on them a few days later. But the realtors benevolently gave/ the profit to coffers, _ L

jfeBANR STATEMENTS gs

The State Savings & Trust Cos. OFFICERS. SCOTT R. BREWER, President. JAMES A. HOUCK, T-easurer-Vice President. P. H. WOLFARD, VicC President. EDWARD B. FUNK, Assistant Secretary. KATHRYN HOLLAND, Assistant Secretary. Report of the condition of the State Savings and Trust Company at Indianapolis. Ind., ln the State of Indiana, at the close of its business on December 31, 1927: RESOURCES. Loans and discounts $1,765,648.56 United States Government securities 1,791.70 Other bonds, securities, etc.... 100.572.93 Banking house leasehold 150,000.00 Furniture and fixtures 25,023.50 Due from departments 18,966.27 Cash on hand 170,917.16 Trust securities 265.325.00 Total $2,498,245.12 LIABILITIES Capital stock—paid in $ 375,000.00 Surplus and reserve 31,174.17 Demand deposits ..$737,099.30 Demand certificates 95,127.19 Savings deposits... 626.U19.76 Trust deposits .... 75.197.83 Special deposits ... 1,615.95 Certified checks .... 523.1 U % Due to banks and trust companies 5.309.51 C'ashier's-treas-urcr's checks ... 5.853.31 1,546,745.95 j Bills payable 280,000.00 ! Trust Investments 265 325.00 i Total 1 State of Indiana. County of Marion, ss: I. Edward B. Funk, assistant secretary ! of the State Savings and Trust Company, j Indianapolis, Ind., do solemnly swear that ' the above statement Is true. EDWARD B. PUNK. Subscribed and sworn to before me this 4th day of January. 1928. (SEAL I IItENS MICHEL. Mv commission expires March 22, 1921.

United Labor Bank and Trust Company JOHN L. LEWIS, President. WILLIAM DOBSON, Vice President. JACOB FISCHER, Vice President. ADOLPH J. FRITZ. Vice President. F. C. BELL. Secretary. Report of the condition of the United Labor Bank and Trust Company at Indianapolis, in the State of Indiana, at the close of its business on Dec. 31. 1927. RESOURCES Loans and discounts $ 323,975.67 Overdrafts ’ 17^4 Bonds and securities 373,632.50 Furniture and fixtures 13.500.00 Interest earned not collected.. 7,005.31 Cash on hand and ln banks.. 335,010.33 Total $1,053,141.45 LIABILITIES Capital stock $ 112.500.00 Surplus 22,500.00 Undivided profits 12,934.74 Reserved for taxes and Interest 5,644.19 Demand deposits $618,275.92 Saving deposits 241,506.75 Time certificates 28,404.31 Secretary's checks 10,320.00 Certified checks 38.15 Special deposits 2,967.39 899,512.52 Total $1,053,141.45 State of Indiana, County of Marion, ss: I, F. C. Bell, secretary of the United Labor Bank and Trust Company. Indianapolis, Ind., do solemnly swear that the above statement is true. 'F. C. BELL. Subscribed and sworn to before me this 4th day of January, 1928. (SEAL) GLEN V. HUESTON. Notary Public. My commission expires Oct. 1. 1929.

Births Girl* James and Gustava Toler. 2176 N. Gale. Francis and Angeline Wilson. 2710 N. Sherman Dr. Clyde and Onal Hammond. 1822 Hillside. Walter and Maggie Dorsev, 2147 Yandes. Harry and Melba Kennedy, St. Vincent's Hospital. Lougherv and Beatrice Hawkins. St. Vincent's Hospital. Robert and Ruth Ponton. 3610 N. Keystone. Robert end Sarah Wimbley, 2009 Highland PI. William and Nina Shipn. 1610 Roosevelt. A. O. and Ethel Laughlin, Coleman Hospital. Bovs Gustavus and Pauline Harvey, 2719 N. Adams. Richard and Elnora Griffin. 42 E. Raymond. Wallace and Echo Skinner .1111 E. Michigan. Paul and Margaret Yohler, 4008 Cornelius. Harry and Elizabeth Porter. 2706 Bellcfontaine. Cleman and Libbie Dielim, St. Vincent's Hospital. George and Helen Shank, Coleman Hospital. Deaths Virginia McCreary, 2. Riley Hospital, diphtheria. Harry E. Banks, 64, Christian Hospital, lobar pneumonia. Albert D. Cloud, 69, 49 W. Thirty-Third, pneumonia. Elydia Maye La Porte, 24, 1738 Ingram, lobar pneumonia. Robert H. Hart, 62, 744 E. North, chronic myocarditis. william Gulley, 66, city hospital, carcinoma. Caroline Christopher, 72. 426 Jefferson, acute cardiac dilatation. James Oliver Sheets, 40, city hospital, diabetes mellitus. Albert Izor, 84, 519 N. Pine, chronic cystitis. William J. Mendell, 74, 39 N. DeQuincy, chronic myocarditis. Fred Wurster. 88, 1818 S. East, acute dilatation of heart. Fred Baumann, 68, 740 W. Walnut, carcinoma. Eilza A. Carman, 79. 249 Parkview, cerebral hemorrhage. Hazel Thomas, 36, city hospital, anemia. Rosie Holt, 53, city hospital, chronic nephritis. Infant Little, 3 hrs„ 1404 Newman, inanition. S' Jacob Trefz, 66, 330'i S. East, cerebral hemorrhage. Building Permits Southern Building Company, dwelling and garage, 1327 N. Bancroft. $3,100. Southern Building Company, dwelling and garage, 1301 N. Bancroft. $3,100. Hanna Franwfort, repair, 401 Massachusetts, SSOO. Mrs. E. D. Boring, dwelling and garage, 446 S. Arlington, $3,800, H. L. Simons, dwelling and garage, spoß N. Meridian. $60,000. ACTRESS WINS DIVORCE r it T iiitrd rrms CHICAGO, Jan. 6.—Marlon Harris, actress, was granted a divorce from Rush Hughes, adopted sen of the novelist, Rupert Hughes, on charges of non-support yesterday. The actress received custody cl their 2-year-old son, Rush Jr. They yere married March 3, 182%

'Statement of Condition THE MEYER-KISER BANK December 31, 1927 RESOURCES CASH ON HAND AND IN BANKS, U. S. Treasury Certificates, and U. S. Liberty Bonds . via ... .$1,841,122.11 Municipal and Gravel Road Bonds 3291,500.91 Railroad, Corporation and Foreign Bonds 3200,121.75 First Mortgage Bonds, Real Estate Preferred and Miscellaneous Stocks 2,023,510.22 Loans Secured by Collaicral 598,542.99 Loans and Discounts 187,031.44 Banking House, Furniture and Fixtures 539,000.00 Mortgage Certificates on Hand 32,890.00 95 713 719 44 LIABILITIES Deposits ...94,726,376.87 Certified Checks 6,138.57 Cashier’s Checks 65,388.11 Reserve for Federal Tax 31,870.73 Reserve for Local Tax * Reserve for Savings Interest - 19,807.45 Surplus Over and Above Liabilities to Depositors 9 856,942.99 And in addition thereto we have a Profit in our Liberty Bonds of 9 97,182.13 OFFICERS SOL MEYER, President SOL S. KISER, Vice-President C-. JACKSON. Vice-President A. J. WICHMANN. Cashier t J. J. KISER. Vice-President B. E. FISCHER, Assistant to President M. S. COHN. Vice-President J. E. OHLEYER, Assistant Cashier F. S. MEYER, Vice-President L. E. OSTHEIMER, Asst. Ceshier and Auditor

Charter No. 521 Brightwood State Bank Report of the coudiUon of Brißhtwood State Bank, at Indianapolis.intheState of Indiana, at the close of its business on D J C HENRY 7 FISSE, Vice President. PAUL F. CROSS. Cashier. RESOURCES. Loans end discounts 5234 'i69’.67 u! e s d Oovernment Securities 50000 Other bonds securities, etc 3 -'76000 Furniture and fixtures 300.01 Other real estate owned ....... 4,295.23 Due from trust companies, banks Cash on hand 1 20741 Cash items Total $307,337.24 LIABILITIES. suidlus stock p . aid . :* ii:°o°:°° Undivided profits—lnet ....... ■■ 8.154.19 Demand deposits $ Time certificates 11.^05.47 Savings deposits 69.1L6.37 Special deposits 14 ',?A'97 Certified checks ...... 310 ' 2 Wq IR3 05 Cashicr's-treas. checks Total $307,337.24 State of Indiana. County of Marion, ss: I Paul F. Cross, cashier of the Brightwood State Bank, of Indianapolis, do solemnly swear that p above statement is Subscribed and sworn to before me this 4th dav of January. L Mogs (SEAL 1 Notary Public. My commission expires Mar. 10. 1931. Charter No. 565. Bank of Massachusetts Avenue Report, of the condition of the State Bank of Massachusetts Avenue, indiane polls, in the State of Indiana, at the close of its business on Dec. 31. 1937. FRANK H. CARTER. President. L E. YUNCKER. Vice President. A. J. KRUEGER JR.. Cashier. RESOURCES. Loans and discounts $225,5 io7o u' C S dr Government securities.... 66,500.00 Other bonds, securities, etc.... 25.147.50 Furniture and fixtures 3.500.00 Cash on hand 41 loc'on Cash items isa.uu Premium paid on Government bonds ls ' oo Total $382,898.93 LIABILITIES. Cep tal stock paid in $ vnlus 4.000.00 Undivided profit's— net ....... • 2.803.70 Demand deposits $209.788.2a Demand certificates .. „ I.l£S'2? Savings deposits 106.209.24 Certified checks ..... 40 00 .,n n , M Cashier s-treas. checks $317,137.49 U. S. war loan deposit account. 13,230.00 Total $362,398.93 State of Indiana. County of Marion, ss: I. A. J. Krueger Jr., cashier of the State Bank of Massachusetts Avenue. Indianapolis. do solemnly swear that the above statement Is KRUEGER JR Subscribed and sworn to before me this 4th day of January. 1928. (SEAL) THOS. A. RESSLER. Notary Public. M' r commission expires April 9. 1928. Charter No. 187. Report of the condition of ' City Trust Company at Indianapolis, in the State of Indiana, a*- the close of Its business on Dec. 31, 1927. DICK MILLER. President. H. J. BARNARD. Vice President. D. A. MURPHY. Vice President and Secretary. C. M. KELLY, Vice President and Treasurer. K. E SMITH. Assistant Secretary. E. W. DAVY. Assistant Treasurer. J. L. FORSYTH, Auditor. * RESOURCES Loans and discounts $1,340,187.14 Overdrafts 9 - 20 Advances to estates and trusts 89.828.08 Bonds, securities 709,651.30 Furniture, fixtures, vault equipment 31.982.50 Real estate 20,526.13 Due from departments '53.595.22 Cash and due from banks.... 544,984.66 Accrued interest receivable .. 8,213.61 Trust securities 1,728,212.94 Mortgage notes securing mortgage certificates 2,275,000.00 Other assets not included in the above 5.250.89 Total ._ $6,812,441.72 LIABILITIES Capital stock $ 250.000.00 Surplus 50,000.00 Undivided profits—net ........ 44,887 33 Deposits 2,455.490.55 Dividends unpaid 4,156.5(1 Reserves 3,631.62 First mortgage certificates outstanding 2,275,000.00 Trust Investments 1.728,212.94 Other liabilities 1,062.73 Total , $6,812,441.72 State of Indiana, County of Marion, ss: I. Dick Miller, president of the City Trust Company of Indianapolis. Ind., do solemnly swear that the above statement ,s true. DICK MILLER. Subscribed and sworn to before me this 4th day of January, 1928. HAZEL TOMLINSON, (SKAI.) Notary Fublio. ISj comaiMlon wpiiM Sept 39. 1939.

Report of the Cond’ition of Farmers Trust Company 150 East Market Street at Close of Business December 31, 1927 Resources Jf ails $ 1,117,670.60 U. b. Government Bonds 5,863.50 Other Securities 160’030.00 Due from Departments 14 526.44 Company’s Building 152’100.00 Cash and Due from Banks 564,394.94 m Total $ 2,014^585.48 trust Securities - 185,000.00 Trust—Real Estate 435,000.00 Mortgage Loans for Eastern Clients 32,000,000.00 Total $34,634,585.48 Liabilities Capital Stock 9 300,000.00 Sur P lus 75,000.00 Undivided Profits 176,493.75 Dividends Unpaid 9,000.00 Deposits 1,454,091.73 Total $ 2,014,585.48 j Ti’ust Investments 620 000.00] Mortgage Investments for Eastern Clients.. 32,000,000.0 J Total* $34,634,585.41 OFFICERS 1 Chnrlos Williams, President Chnrles R. Kellogg, Secretary M Edwin 11. Forr.y, Vice-President William R. Stuart. Trust Officer■ nnd Trust Officer Laura Hiatt. Assistant Secretary™ Carl A. Ploch, Vice-President Max J. Young, Assistant Secretar| Kiley E. Smith, Vice-President Elmer L. Sturdlvunt, Assistant Se<9 and Treasurer retnry M DIRECTORS * Charles E. Coffin Clarence R. Martin Alvah J. Rucker James S. Cruse Erank M. Millikan ' „ . James YV. Noel y SI IO Edwin H. l orry Norman A. Perry MiUJam R„ Stuart Alfred 11. Hitz lari A. Plocli Charles W Willlnm. Charles R. Kellogg John K. Ruckelshaus Thomas S. YVynne

Charter No. 132. Report of the condition of Aetna Trust & Savings Cos. at Indianapolis, in the State of Indiana, at the close of its business on Dec. 31, 1927. E. S. GOODRICH. Chairman of Board. ROSS H. WALLACE. President. LEO M. RAPPAPORT, Vice President, J. S. GRIGGS, Secretary. O. R. OLSEN. Treasurer. L. S. HENSLEY. Assistant Secretary. RESOURCES. Loans and discuonts $1,113,335.62 Advances to trusts 15,591.85 United States government securities 61,000.00 Other bonds, securities, etc.... 473,195.85 Building lease hold 50,000.00 Furniture and fixtures 19,704.48 Other real estate owned 11,285.96 Due from departments 5,662.34 Cash and due from banks.... 281,777,10 Trust securities 568,532.77 Other assets not included in the above 642.35 LIABILITIES. Total , $2,G08,728.32 Capital stock—paid in $ 250,000.00 Surplus 50,000.00 Undivided profits—net 15,803.38 Reserve for interest and taxes 10,121.23 Demand deposits ..$746,973.27 Demand certificates 86,029.05 Time deposits 644,537.65 Trust deposits 90,900.25 Certified checks.. 8,101.91 Due to banks and trust companies 124,452.63 Secretary's checks 3,845.92 1,704,845.68 Dividend checks 7,875.96 Du* departments ... .......... 1,a<9.30 Tr%_c investments 568,:-;2.77 Total $2,608,728.32 State of Indiana. County of Marion, ss: I, J. S. Griggs, secretary of the Aetna Trust and Savings Company of Indianapolis, Ind.. do solemnly swear that the above statement is true. J. S. GRIGGS. Subscribed and sworn to before me this 4th day of January, 1928. CHAS. B. WILBERDINO, [SEAL] Notary Public. My commission expires M orjtJia, 1830.

TAN. 6, 1928

Charter No 98. 1 Report of the condition of y Fidelity Trust Company at Indianapolis, in the State of Indiana, at tne close of its business on Dec. 31 1927 JAMES M'NULTY, President. J. ALBERT SMITH, Vice President. JAMES g. FLAHERTY, vice President and Treasurer. TIMOTHY P. SEXTON, Secretary. THOMAS X. LANAHAN, Assistant Sees rctary. RESOURCES Loans and discounts $ 903,821 41 Overdrafts ' 212 79 Advances to estates and trusts, 28,706.75 United States government securities 100,350.00 Other bonds, securities, etc... 797,354.41 Furniture and fixtures 1oo!oo Other real estate owned 12,291 23 Cash on hand 299 140 no Trust securities KHM4LOO Total LIABILITIES. Capital stock—paid in $ 109.000.00 Surplus 50,000.00 Undivided profits—net 100,000.00 Reserve for interest and ta/des 3,274.18 Demand deposits .$942,745.11 Time certificates.. 213,015.28 Savings deposits... 716,006.-3 Trust deposits 82,630.91 Special deposits ... 425.31 Certified checks .. 820.30 Cashier’s-Trcas. checks 22,660.07 1,978,303.80 Trust investments 190,441.00 Due departments 2,404.28 Total $2,341,423.36 \ State of Indiana, County of Marion, ss: I, Timothy P. Sexton, secretary of tha Fidelity Trust Company of Indianapolis, Indiana, do solemnly swear that the above statement is true. TIMOTHY P. SEXTON. Subscribed and sworn to before me thla 4th day of January, 1928. JOHN J. M'SHANB, [SEAL] Notary Public •cßualwton mpltm oot. as, ieaa> j i