Indianapolis Times, Volume 39, Number 210, Indianapolis, Marion County, 10 January 1928 — Page 12

PAGE 12

LIST CONTINUES LOWER TONE IN OPENING TODAY U. S'. Steel, General Motors Sell Off at Start and Continue to Sag.

Average Stock Prices

Average of twenty industrials Monday was 198.63. off 2.34. Average of twenty rails was 139.48, off 1.33. Average of forty bonds was 99.37, up .04, new high. By United Prrss NEW YORK, Jan. 10.—Opening lower, stocks continued to decline m early dealings today. Traders tvere nervous over the broker age loan figures situation and th.e general belief prevailed that most of the conservative news given out in the past month or so had been amply discounted. General Motors and United States Steel both sold off at the opening and continued, to drop further. Steel sagged % to 148%, while motors was off I'a at 132 U. International Match preferred, 3% to 100, and Nash off lvi to 93'i. Third Avenue dropped to anew low in the past year at 28 Vs, off 1%. Attempts at rallying met some success, particularly in Nash, whicn came back more than a point. Natincnal Bellas Hets resumed its advance, rising 2% to 51%. Texas & Pacific equaled its high at 105%, up 1%. Describing the market, the Wall Street Journal’s financial review today said: “Heaviness in active trading stocks in Monday’s late dealings strength-, ened the feeling in professional quarters that the market had entered a reactionary phase. “The phase caught many bulls in an over extended position forcing liquidation of impaired margin accounts. Large offerings of both long and short lines were made at the opening and leaders sank to new lows on the movement.”

Banks and Exchange

INDIANAPOLIS STATEMENT Bank clearings today were $4,398,000. Debits were $8,544,000. CHICAGO STATEMENT chicKGO. 1 ' Jan. 10.—Chicago bank clearings today were $144,700,000; clearing lious# balances, $13,300,000. NEW YORK STATEMENT NEW* "YORK,** Jan. 10.—Bank clearings, $1 604.000.000. Clearing house balance, $146,000,000. FOREIGN EXCHANGE r ‘ NEW YORK*Jan. 10.—Foreign exchange opened irregular. Irancs. 3.98%c. up -00'*; lira. 5.28%c; Bclga. 13.95 c, up .00%, marks, ■ 23.77'/aC, off .00%. TREASURY STATEMENT Jan. 10.—The treasury net balance Jan. 7 was $220,377,440.69. Customs receipts for the month through Jan. 7 were *7,837.171.42. LIBERTY BONDS NEWYORK? Jan. 10.—Liberty 3%s opened at 101.17. off 4; first 4Us. 103.10, off 1: third 4Vls, 100.22, up l;,f°iu th 4'/is, 103.29, unchanged;

ln the Stock Market

(By Thomson & McKinnon 1 NEW YORK, Jan. 10.—Floor observers tell me that bearish sentiment on the floor is more pronounced than it has been in some tine. This helps to explain what I would call the development of a scare in the market Monday.* The circulation of the report of anew regulation by the Federal Reserve requiring bi-weekly reports was hastily construed as bearish. That is no more bearish than the questionnaire of the exchange, and as you know the biggest tffid most successful bull market in history was conducted since the inauguration of that questionnaire system. Throw on everything in connection with the stock market and banking. The more light the better. There is nothing to be afraid of, because we have strong banks, conservative banks and the best collateral in the world. If there is no other bearish news to serve the purpose I will suppose the rules and regulations prevailing for a sear or so will still be in force. A couple of hours’ selling clears the sun. COTTON OPENING Bn United Prrss NEW YORK. Jan. 10.—Cotton opened bareiv stead*. January. 19.09. off .01; March. 19.15. off .01: May. 19.19. off .02; July. 18.94. off .06: October, 18.36, off .05; December, 18.27. off .11. ' SUGAR OPENING Bu Untied Prrss NEW YORK. Jan. 10.—Sugar futures opened unchanged to one point lower. January. 2.74 bid; March, 2.80; May, 2.88: GAS BLAST PREVENTED Slight Explosion Rocks Case; Jets Left Open. Quick action of Sergt. Walter White late Monday probably prevented a serious explosion at the Ray King restaurant, 825 E. Washington St. White was walking past the restaurant when an explosion, believed caused by gas in the cooking” range, blew the plate glass window across the sidewalk./ Charles King, manager, was knocked down. _ White found the blast had blow j out the flames in the range and that’the jets were still turned on.He turned off the gas which probably would have caused a second and more serious explosion. SUBSTATION ORDERED Three Outlying Districts to Get Police Headquarters. Two new police substations were ordered today by the board of safety. They will be at Fire Station 14, Thirtieth St. and Kenwood Ave., and Fire Station 9, at 539 Belle Vieu PI. They are expected to be In operation by next Tuqsday. Two new automobiles will be assigned to the officers at the sub-

New York Stocks

’(By Thomson & McKinnon)"

—Jan. 10— Railroads— Prev. Hign. Low. 12:00. clxe. Atchison 191 ... 191 15u% Atl Crast L 185 ... 185 185 V B & O 116% ... 116% 116% Can Pacific ....210 209% 209% 212 C & O 202 % 202 202 V* 202% C & t;w 86% ... 86% 86% C R i & P 110 110 110% Del & Hud 182% ... 132% 184% Del & Lack ... 135% ... 135% 136 Erie 63% ... 63% 64 Erie Ist pfd ... .. 62% Gt Nor pfd 96% Lehigh Valley 93 K C Southern... 61% ... 61% 62'% L & N 151 M K & T 40 ... 40 39% Mo Pac pfd 113% ... 113% 113 N Y Central ... 161% 161% 161% 162 NVNH&H., 63% 62% 63 62% North Pacific... 96% ... 96% 97 Nor t>i Western 188% 188 188% 188% Pere Mara 127 ... 127 127% Pennsy 64% 64% 64% 64% Reeding 101% ... 102% 103% Southern Ry .. 144% ... 1434s 144%. Pacific 121% ... 121% 121% St Paul 20% 20 20% 20% St Paul pfd 38 ... 38 38H St L ft*S W ... 77 ... 77 77% St L& S F 113% ... 113% 113% Union Pac 190 ... 190 190"Wabash 64% ... 64% 64% Wabash- pfd .... 95 94% 95 94% Rubbers— Ajax 12% 12% 12% 12% Fisk 16% Goodrich 94 93% 93% 94 Goodyear 68% 67% 68 68% Kelly Spgfid 23% ... 23% 18% U S Rubber 60% ... / 59% 60% Equipments— Am Car and Fdy 103% Amer Loco 112V* 112 112% 111% Am-Stl Fay 68% 67% 67% 67% Bald Lcco 230 pen Elec 134’% 133% 134 134% Lima ... 62 Va N Y Airbrake .. 43%. 45% 45% °5V*. Pres Stl Car ...* * Pullman 83% 82% 83% Wsth A B 51% 50% 51- 51% Wsth Elec 94 93 93% 93% Steel*— Bethle 57% 57% 57% 57% Colo Fuel 77% 76% 76% 77% Crucible o>; Gulf st sti 51% ::: ii Inland Stl 58% ... 58 58% Phil RC & 1... 38% 38% 38% 38'" Rep Stl 61 ... 61 61 Sl-Shef jSg U S steel 150% 148% 149 148% Alloy 31% 30% 30% 31% Vanadium 63% ... 62% 63% Motors— Am Bo 21% Chandler 174. ... 17 16% Chrysler 57% 57 57 57% Con Mo 10% 10% 10% 10% Dodge 21% 20% 20% 20% Gabriel 26 25% 26 25% Ceil Mo 134 132 133 133% Hudson 81 78* 79 % 86% Hupp 32% 32% 32% 32% Jordan 13% ... 13 13% Mack 102% 102 102% 103 Yellow C 33 32% 32% 33 Moon 6% ... 6% 7 Nash 94 93 93% 95 Packard 59% 58% 59 59% Peerless 17% ... 17% 16% Pierce Ar ..14 ... 14 13% Studebkr 68% 58 58% 59% Stew War 81V* 81% 81% 82% Timken 130 127% 129% 129% Wlllys-O 19 ... 18% 19 White ,Mo 38% ... 38 38% Mlrrng— Am Sm 173 177%; 177% 173 Anaconda 56% 55% 56% 56% Cer Do Pas .... 67 ... 66% 67 Inspir 19% ... 19% 19% Green C 133'- 130% 132 132% Int Nic 89 %• 88% 84 90 Kennec 83% 82 82%,- 82% Magma 51% ... 51"// 51% Tex fr & 5u1.... 76% 76% 76% 77% U S Sni 1 42% ... 42% 43 Oils— At Ref 105% 105',i 105% 105% Cal Pete 25% 73=% 25 % 25% Freep Tex 104 103 104 103% Houston 151 148 148'; I*B% Tndpend Oil .... 28 ... 27% 27% Marland Cil ... 35% 35% 35% 35% Mid Con Pete.. 28=4 28% 23% 28% Lafto ... 34% Pan Am Pete B 43% 42% .43% 44 Pro and Refg... i 25 Phil Pete 41% ... 41% 41% Union Oil 44 .... 44 44% Pure Oil 26% ... 26% 26% Roy Pi Dutch .... *8 ... *8 48 Shell 26 ... 2.4% 26% Sinclair 20% 20 20% 20% Skelly 26% ... 26% 27 S Oof Cal 55% ... 55Vi 55% SOof N J *O% ... 4040% SOof N Y 31% ... 30% 30% Texas Cos 54% 5*% 54% 54% Trans Pete 9% 8% 9% 3% White Eagle 24% ... 23% 23',i Industrials— ' Adv Rumely 12 Allis Chaim 117% ...• 117% 117% Allied Chem ... 1.57% 155% 156%, 156% Armour A 12% 12% 12% 12% Amer Can 72% 71=4 72 72% Amer H and L.. 13',4 13 13% 13% Am H& L pfd. 61% \.. 61% 61% Am Safety R ... 58 ... 58 58 Amer Wool ...l. 21% ... 21% 21% Amer Linseed... 61% ... 61% 61% Coca Cola 133% ... 133' 134 Cont Can 82 ... 82 82% Cert Prods ... . 5914 Dav Chem *3% 42% 43 *4 Dupont 315 314 314=4 319% Famous Players 115% 115% 115% nsrj Gen Asphalt ... 90% 89 90% 90% Int C Engr 51% 50% 51 51% Int Paper 69V; 68% 68% 70% J' 11 Hairy 239% ... 239% 242 May D Stores.. .. ... ■ 82V4 Mont Ward .... 125% 123% 125' Owen Bottle .... 78% 78‘79 Radio 103% 100% 102% 102 Real Silk 26* 25% 25% 26 P.em Rand 23% ... 23% 23% United Drg 7.7.198 ! 4 . 8 ® 1951, ifjpj u n s c lp i e p.::;: 25 - US 111 A1 106% io6 ios 107 W lftHUle£ ■ 185l: ‘ 184 183% 185 Am TANARUS& T 180 ... 180 179% Am Express 172 172 175 Am W W 58% ... 58% 59 Brklyn Man ... .” ... ‘ j 5% Col Gs & E 1.... 90% ... 90% 90% Cons Gas 120% ... 120% 120% Interboro 30 ... 30 30'. No Am Cos 59% 59Vi 59% 54% Pnila Cos .. ... 150 S Gas * E 1.... 58% ... 58%' 58% West Union 173% ... 173% 174 * Shipping— Am In Cora 82 80% 81 80=4 Am S & 0 4% Atlantic G ... 40% In M Mpfd... 40% ... 40% 40% United Fr 138% ... 133% 135 Foods— Am Sugar 77% 75 \77% 75% Austin N ... ... 5D4 Beech N 381 Calif Pkg ~1 77 Corn Prods 69% 68 69% 68% Cuba C pfd.... 30% ... 30% 30% Cuba A Sug ... . 22% Flelschmann ... 69% 69% 69% 70V, Jewel Tea .)... 83% 83% 83% Nat Biscuit 168% 168 168% 189% Punta Ale .. 33 % Mm 127 - ... 123% 127% Tobaccos— 8 Am S'lma 61 ... 61 61 Va Am Tob 172 171% 172 178% Am T B .1172 ... 171% 172'% Cons Cigars 83Vi ... 83% 83=4 Gen Cigars 71 ... 71 71 Liggett 121% ... 121 V 121'/ Lorillard 37'% 37% 37% 37% R,J Key 157% ... 1579a 157%, Tob P B ~.111% 111 111% 111=4 U Clg Stor 33% Schulte R S ... 51% 51% 61% 51% WORLEY FILES "REPORT Commends Court for Aid in Law Enforcement Work. % Support of courts in enforcement of law was commended by Police Chief Claude M. Worley in his annual report to saftey board today. “There were fewer complaints on felonies and moral conditions and an increase in arrests the past year,” Worley told the board. “I believe your police is in the best condition it has been for years. All departments have cooperated and a creditable showing was made in consideration of the fact that 530 men have patroled more than fifty-five square miles,” Worley reported. Worley compliments the department for work in the May 18 tornado. DICK HABBE TO SPEAK Legion Post to Hold January Dinner Tonight. Dick Habbe will speak tonight at the January dinner of the John Holliday Jr. Post o' the American Legion at the First Presbyterian Church. A section of the Manual Training High School Orchestra will play. Members will bring canned food to be sent to miners at Bicknell, Ind. Col. Cromwell Stacy of Ft. Harrison, has joined the post. Frank McHale, State commander, will speak Feb. 14.

PORKERS LOSE MOST OF GAIN MADE MONDAY - Hogs Off Generally 15 Cents With Normal Receipts Here Today. —Hog Price Range— Jan. Bulk. Top. Receipts. 3., % 8.75® 9.10 9.10 11,000 4. 8.7547’ 9.00 9.00 15.500 5. 8.50® 8.70 8.70 14.500 ei*" 8 25f 8.40 8.45 12,500 7. 8.25® 8.60 8.60 3,500 9. 8.50® 8.85 8.85 3,500 10. 8.50® 8.70 C. 70 11,500 After an advance of 25 cents on the hundredweight Monday at the Union Stockyards, licgs dropped 15 cents today to q top and bulk price of $8.70. Receipts wire up to normal with 11,500 fresh animals and 155 holdovers. The Chicago market opened slow around steady with Monday’s averages. Best heavy butchers brought $8.50. There were about 37,000 received and 10,000 ''held over. Vealers were off 50 cents or.mere at the local yards today and other livestock was about steady. Some Classes Steady Light animals weighing 130-160 pounds were unchanged at $8.25@ 3.50, as were packing sows which sold at [email protected]. All others were lower. Heavy butchers, 250-350 pounds, sold at $3.60® 3.70 and material in the 200-250-pcund class all went at the top price. Middle weights, 160-200 pounds, were $8.50 @8.70. Pigs, 90-130 pounds, went at s7@B. Cattle were steady, although the price of beef steers was lower at slo@ 13.50. Beef cows brought $7 @lO and low cutter and cutter cows. $5 @6.25. Bulk stock and feeder steers were $7.50@9. Re- ] ceipts were estimated at 1.300. W Calves 50 Cents off Best vealers sold at sl6@ 16.50. About 900 were received. Sheep and lambs were steady with 700 in the pens. The top was 1 sl3 and bulk fat lambs sold at sl2 @12.50. Culls brought 57.50@10! and bulk fat ewes, [email protected]. —Hags— Receipts. 11,500; market lower. 250-350 I'OS. $8.60® 8.70 , 300-250 lbs 8-70 160-200 lbs 8.50® 8.70 ] 130-160 lbs 8.25® 8.50 90-130 lbs 7.00® 8.00 ] Packing sows 6.754S 7.75 i -CattleReceipts. 1.300: merket steedy. Beef steers 4 $10.00(1/13.50 Beef cows 7.00® 10.00 ] Low cutters and cutter cows .. 5.00® 6.25 i Bulk and feeder steers 7.50® 9.00 j —Calves— Receipts. 900; market lower Best vealers $15.006116.50 Heavy caives 6.50® 10.00 —Sheep and Lambs— Receipts. 700: market steady. Top fat lambs $13.00 Bulk set lambs 12.00® 12.50 Bulk cull lambs 7.50# 10.00 Fat ewes 4.50® 6.50 Other Livestock Bii United Press CHICAGO. Jan. 10.—Cattle Receipts. 9.000; fed steers and yearlings steady to strong, but slow; shipper demand comparatively narrow: she stock steady; bulls 25c lower: prospects more downturn on late market.: vealers 50c lower; highly finished weighty steers up to $18.60; several loads. $14,256/16.50: medium weights at outside price; best yearlings early. sl6; low cutter cow's. 53.50®5.75; few outstanding heavy sausage bulls up to $3.90; no criterion of general market; not many weighty kinds above $8.50: light vealers, sll® 12 to big packers: shippers buying selected vealers up to sls. Sheep—Receipts, 22,000; fat lambs fairly active, st one with Monday; spots around 15c righer; early top. $13.75; early bulk better grade lambs. 89 lbs. downward. $13.25(7/13.60; 90 to 100ib. offerings. $12.50///13.25: few extreme weights rejected from loads. $11.75® 12; sheep firm; bulk fat ewes. $6,754/7; best held higher: feeding lambs unchanged; good offerings, *126012.50: top. sl3. Hogs (soft or oily bogs and roasting pigs excluded)—Receipts, 37,000; market generally 5® 10c higher than low time Monday; heavyweight 250 to 350 lbs. medium to choice. $7.90®8.40; mediumweight 200 to 250 lbs. medium to choice, $8®8.40; lightweight 160 to 200 lbs. common to choice, $7.857//8.40: light lights, 130 to 160 lbs. common to cnoice, $7.40/7/8.30; packing sows, smooth and rough. *6.75® 7.40: slaughter Digs. 90 to 130 lbs. meriium to choice, s7® 7.65. F,n United Press CINCINNATI. Jan. 10.—Hogs—Receipts. 4.500; holdoters. 263; market steady to 15c down: 250-350 lbs.. $8608.85; 200-250 lbs.. $8.65®8.85: 160-200 lbs.. $8.50®8.85: 130160 lbs.. $8.2568.65: 90-130 lbs.. $7W8.50: packing sows. $6.756 7.25. Cattle Receipts. 225; calves, receipts 450 k market, veals 50c up: beef steers. $10®13.50; light yearling steers and heifers. $9/,/13: beef cows. $6.50®9; low cutter and cutter cows. ss@6: vealers. sll <&= 15.50; heavy calves, $10@13; bulk stock and feeder steers, s9® 12. Shcp—Receipts. 100: market steady; top fat lambs, s7(<l9; bulk fat ewes, s4@>6i Bn Times Special LOUISVILLE, Jan. 10.—Hogs—Receipts. 1.000; market 10c lower; mediums and heavies. *8.2568.65; pigs and lights,'s6.2s ®7 50: throwouts and stags, $5.75®) 6.50. Cattle—Receipts, 100; market for canners 25c higher, bulls 25c lower, others steady. Calves—Receipts, 150; market steady; good to choice. $12.50® 14.50; medium to good. [email protected]; outs. *lO down. Sheep —Receipts, 200: market steady; top lambs, *l2® 12.50: seconds. s7® 9: sheep. $460 $5.50. Monday’s shipments; Cattle, 192: calves, 534; hogs, 156; sheep none. Bn United Press o CLEVELyUID, Jan. 10.—Hogs—Receipts, 2 500; mar/cet steady to 5c down; 250 to 350 lbs.. $8.856 8.90; 200 to 250 lbs.. *8.85(7/ 8.90; 160 to 2(f) lbs.. $8.85608.90: 130 to 160 lbs., *8®3.85 90 to 130 lbs.. $7.75®8: packing sows. $6.75® 7. Cattle—Receipts. 200calves, receipts. 350; market steady: beef Jteers. *10.50(7/ 11.75: beef cows. $6.50® 8.u0: low cutters and cutter cows. *4.50® vealei ! s '. sls® 17.50. Sheep—Receipts, market strong. top fat Jambs. sl4; ?A lc rA f i t J an iH, $1315®14; bulk cull lambs, $10.50®12) bulk fat ewes, ss@7. Bv United Press EAST BUFFALO. Jan. 10.—Hogs Receipts. 500; holdovers. 3.186; market steady; t 0 350 lbs - [email protected]; 200 to 230 lbs.. $9®9.15; 160 to 200 lbs., $8.75® ?i ] A 0: ,„ 13 ° 180 lbs " $8,254x8.75: 90 to 130 1b3.. packing sows. *[email protected]. Cattle—Receipts, 2a: calves, receipts, 150- ,„ stea i? y: calvea steady; vealers’. $16.50®17. Sheep—Receipts. 400; market A? 0 lambs - * l4: bulk cull lambs, $11.50@13; bulk fat ewes, $6®7.50. Rh United Press EAST ST. LOUIS, Jan. 10.—Hogs—Receipts. 17.000: holdovers, 2.048: market weal: to 6c off: 250-350 lbs., 53.254/’8.60-200-250 lbs.. $8.50® 8.65: 160-200 lbs.. $8.35 ®8.65: 130-160 lbs.. 57.506 8.50: 90-130 lbs SBjSOfnS: packing sows. $6.8567.40. Cattle market, steers strong, spot 15®25c upbeef steers. *107,, 14: light yearling and heifers. [email protected]; beef cows, $6.50®8 50low cutter and cutter cow's. $4.856/5.75vealers. $15.50® 15.75; heavy calves. $7.50® 10.50; buik stock and feeder steers, $0,504/ 9-7#. Sheep-Receipts, 2.000: market steStty; top fat lambs, $13.25: bulk fat lambs sl3® 13.2a; bulk cull lambs. s9® 9.50; bulk fat ewes, ss®6. B ' United Press TOLEDO, Jan. 10.—Hogs—Receipts. 650market s®lsc off; heavies, 58.00®8.60mediums, $8.40®8.65; Yorkers. $8.254-8.50 : good pigs. *7.50®8. Cattle—Receipts, 100; market steady and slow. Calves Receipts, light; market strong. Sheep and lambs—Receipts, light; market slow.

Local Wagon Wheat

Local grain elevators are paying $1.32 tor No. 2 red wheat. Other graces are purchased on their merits Woolling Joins Chicago Exchange. Kenneth K. Woolling, a member of James T. Hamill & Cos., with offices in the Continental Bank Bldg., Indianapolis, has recently been elected to membership in the Chicago Stock Exchange.

THE INDIANAPOLIS TIMES

Commission Row

TRICE TO RETAILERS FRUITS Apples—Fancy barrel apples; Jonathans. $8.50®9: Bellflowers, $7.50: Grimes Golden. *9; R. I. Greenings. $8: Kings, $3. Barrel apples: Grimes Golden, $7.50; Bellflowers $6; Baldwins, $6: Wagners, $5,754/6: Jonathans. $5.50: Winesaps. $6. Box apples: Delicious. $147 4.75; Grimes Golden, 52.50® 3.50: Jonathans, $3.25; Stavmens. $3.75. Fancy basket apples (40-lb. baskets): Jonathans, $2,506/2.75; Grimes Golden. $2.75: Delicious. $3.25; Wolf River, $2.50; Senato”. $2.50; Kings. $2.75; Northern Spy. $3: Baldwins. $2.50; Rhode Island Greenings. $2.75. Basket apples: Grimes Golden. $2.50; B grade. $2.25: Staymens. $2.50: B grade. sl.7a; Jonathans. $2.50; 20-ounce Pippin. *2.50: York Imperial, $2.25; cooking apples. $2. Bananns—6®Bc lb. Cranberries—sl2.so47 15 one-half barrel. Grapefruit—Florida. $3,754/5.25. Grapes-California Emperors, $8 keg; California Malogas. $3.50 per keg. Kumauats —Florida. 25c rntart. Lemons—California. *6.507(7 7.50 crate. Limes —Jamaica. $3 per 100. Oranges—California navels, $4.75@7 crate; Florida. $5.75®;6 crate. Pears—Washington Bose. $6 per box; Washington D’Anjous $6 box. Strawberries—Florida. $1.15 quart. Tangerines—Florida. $3.75®4.35 a crate. VEGETABLES Artichokes—California. $2.25 per doien. Beans—Southern. $3.75 hamper. Beets—sl.3s bu. Brussels sprouts—3oc lb. Cabbage—H. G., 2®2%C lb. Carrots—sl.2s bu. Cauliflower-California. $2 75 crate. Celery—California, *6.50, 8. 9 and 10doz. crates; Florida. *4 crate. Celery cabbage - *1.50 dor. cucumbers—Hothouse. 52.50 doz. Eggplant—lt. G.. $2.50 doz. Endive —$1.25 doz. Kale—*2 barrel. Leek—soc bunch. Lettuce—Arizona, head. *4.2567,5 per crate: hothouse leaf. *2.40 15 lbs. Mushrooms—sl.so. 3 lbs. Onions -Spanish. 52254/2.75 crate; Indiana white. *2.75 100-lb. bag; Indiana yellow or red. 52.50 c.vt, Ov stern!?.”( —50c t’oz. Parsley—6oc do/, bunches. Parsnips—sl.so bu. Peas—California telephone. $9.50 hampe". Peppers—Florida mangoes. *4.50 crate. Potatoes—Michigan white. $3.10 150 lbs.; Minnesota Russets. $8.60 120 lbs.: Minnesota Red River Ohlos. *2.40 120 lbs.: Makes. *2.73 cwt; Texas Triumphs, $3.50 pp- hamper. Radishes—Hothouse buttons, $1.25 doz. R 'taoaaas—sl.7s per cwt. Shallots—7s6i 85c doz. Spinech—H. G.. $1.236 1.50 bu. Sweet Pote.toes - Indiana .Jerso'' mediums, *2 bu.: Indiana Jerseys. $3 bu.; Nancy Hall. $1.75 hamper. Tomatoes—Hothouse. *3.50 per 10 lbs.; California. *6®7. 6-basl;et crate. Turnips—H. G.. 83c bu. MISCELLANEOUS Cider—New York, S3. 14-gr.l. keg; $4.50. 6-gcl. case: $4.75 doz. %-gal. jars. Cceoanuts—*6 pra 100. Garlic—lsc per lb. Oysters—Standards. $2.50 gal.; selects. 53 gal. Squash—Hubbard. 54.50 barrel. Bn United Press CHICAGO. Jan. 10 —Green fruits: Apples, $74/11 pen barrel; cranberries, sl3® 16 per box.

Produce Markets

Butter (wholesale price)—No. 1. 52® 55: No. 2. '’f/'ajuc. Bu.ttcrfat /buying prices) —53. <54c. Kggs-Buying prices: Fresh, delivered at Indianapolis, loss off. 33ft/ 40c per do?. Cheese /wholesale selling prices, per pound) American loaf. 356/.38c: pimentc loaf, 38®40c; brick loaf. 35®33c; Swiss No. 1. =2® 44c- imported Swiss. 62c: Wisconsin flat, mild and sharp, 32®34c: prints cream. 384/ 40c; fiat display. 28'//30c; Longhorn. 23@29c. Now York limberg:r. 4?6i 44c. Poultry (buying prices) —Hens. 196 22c: Leghorn hens. 1457 15c: spring, heavy. 20 (-722 c: Leghorns. 146/15c: staggy young, springs. :s®T7c; soft mcated, 144715 c: roosters, 104712 c: Leghorn stags. 106/12c; turkeys, young toms. 32c: young hens, 32c: old tor.is, 22c: old hens. -82 c; ducks, 16®19c: geese. 15#17c; guineas, young, 50c; old. 35c. Bji United Press CLEVELAND. Jan. 10.—Butter extras In tub lots. 506/52c: firsts. -34%'4/ 57 1 jC: seconds. 41%®43c: packing. 306 42c. Eggs Extras. 47r: extra firsts. 44c; firsts. 42%-c; ordinary. 34c; millet firsts. 20c. Poultry Heavy fowls. 28 67 30c: medium. 276/23c; Leghorns. 20®22c; heavy springers. 2947 30c: medium. 234725 c: Leghorn springers. 206/22c: ducks. 246726 c: geese, 234/25c: old cocks, 17®18c; turks. 33 47 35c. Potatoes— Round whites. 150-pound sacks: New York. *3.25® 3.35: Main". *3.40® 3.50: Ohios. $3.15; Michigan. $3,206/3.25; Wisconsin, $3; 120-pound bags Minnesota, $2.046 2.50; 115-pound bags Idaho russets. $2.60®2.75; rural*. $2.406.2.50. P,’l United Press NEW YORK, Jan. 10.—Flour—Steady. Pork—Steady: mess. 533. Lard -Firm; Mid-West spot. $12.556712.65. Sugar—Raw. steady; spot 96 test, delivered duty paid. 4.65 c: refined ouiet; granulated. 5.86 c. Coffee—Rio No. 7 on spot 14% .7 15c: Santos No. 4. 21=7® 22%c. Tallow- Firm; special to extra, B%®9c. Hay—Dull: No. l. *1.05 ®1.10: No. 3. 806/90C: clover. 65c4751. Dressed poultry-—Steady: turkevs. 256/ 50c; chickens. 18®36c: ca.pons. 2847 45c: fowls, 166730 c: ducks. 18®27c: ducks. Long Island. 23 6 26c. Live poultry—Firm: geese, 25e: ducks. 296/;33c; fowls. 296 35c; turkevs, 306/45c; roosters. 18c; chickens. 26®32c: capons. 336745 c: broilers. 30®40c. Cheese - Quiet: State whole milk, fa.ncv to specials. 796/29’/7c: young Americas, 296 29%c. Potatoes —Long Island. $3.5064.50: Jersey basket. 507//85c; Maine. *36 3.83: Bermuda, $56/12. Sweets—Jersey, basket. 60c4:53.25: southern, barrels. $2472.50; southern, basket, 50 67 65c. Butter—Steady; receipts. 11,408: creamerv extras. 506/ 50%c; special market. 50%6/51 %c. Eggs—Firm: receipts. 16.291; nearbv white fancy. 526754 c: nearby State white. 46r,,r)ic: fresh firsts, 4747 <*80: Pacific coasea. 5067 53c: v'estern whites, 4§<i7 50c; nearby brown, 51® 52c. Bn United Press i CHICAGO. Jail. 10.—Butter—Receipts. 9.740: extras. 47'-c: extra firsts. 45%®' 46%5: firsts. 41'7®43',be: seconds. 386/ 40c: standards. 46%c. Eggs—Receipts. 9.301: firsts. 41 %c: ordinaries. 32®38c: seconds, 23®30c: extras. 336i35%c. Cheese—Twins, 27d: young Americas. 28%c. Poultry- Receipts. 5 cars; fowls, heavy, 26c; small, 21c: springs. 25c: ducks, lieavv. 21c: small. 18c; geese. 10c: turkeys. 256/ 28c; roosters, 18c. Potatoes—Arrivals. 73 cars: on track. 109: In transit. 708; Wisconsin sacked round whites. $1.5067 1.65: Idaho sacked russets No. 1. $1,506/1.75; few fancy. *1.90: No. 1. Florida triumphs in bushel hampers, $2.50. Sweet potatoes— *1473. BANK VOTES REMOVAL OF STOCK FROM LIST N. Y. Institution Opposes Lower Listing on Wall St. Bn United Press NEW YORK, Jan. 10.—Chase National Bank stockholders today voted to request removal of the stock of their bank from the stock exchange. Other banks holding meetings here today are expected to make similar requests. Recently the stock exchange, at the demand of banks removed the bank shares from the stock list and placed them on the less volatile bond board. Bank institutions have recently voiced their opposition to any listing on the ground that speculation in the shares would be detrimental to the banks’ stability. Stockholders of the National City Bank this afternoon passed a resolution to remove National City stock from the exchange listing also. PERSHING IS DIRECTOR General Elected to Board of Washington (D. C.) Bank. P,ll United Press WASHINGTON, Jan. 10.—General John J. Pershing and Edwin B. Parker were elected to the board of directors of the Riggs National Bank at a stockholders’ meeting today. Charles H. Tompkins and Henry P. Erwin of Washington also were added to the board. Brand Practice Inconsistent Bn United Press WASHINGTON, Jan. 10.—The Interstate Commerce Commission issued a report today branding as “inconsistent with efficient and economical management” the Pittsburgh and Lake Erie Railroty|i practice of letting its of -way work out on coi^gfl

gßjjftS LOWER IN EXTREMELY QUIETSESSION Trading at Standstill; Crop Report Is Cautiously Awaited. F.<i United Press CHICAGO, Jan. 10.—Price changes were of practically no consequence although all grains drifted a small fraction lower at today’s extremely dull session on the Chicago Board of Trade. Trading during most of the day was practically at a standstill. Wheat was the dullest in many weeks. There was nothing in the news to influence prices either way, and the market drifted, going a small fraction lower durihg the morning. Foreign markets were unchanged and had no effect here. While trading in corn was also extremely light, there was some nervousness evident. Traders did a little evening-up, in preparation for the Government crop report due late today. This report is expected to clear up the crop situation and decide definitely whether the December Government estimate was too high. bats continued to drift lower in a featureless market. Receipts were 32 cars. Cash oats was unchanged. Provisions worked slightly higher. Chicago Grain Table —Jp.n. 10— W’HEAT— Prev. Hi"h. Low. 12:00 dost 1 . March 1.29*, 1.20', 120'. 129'. Mf> V 1.20’, 1.30'- 1.30", 1.30’i July 1.25'. 1.2614 1.26’i I.2S*,i CORN— March .88 .87% .87% .88 Mnv 01=, on'-, ,oi \ 91-\ July S3'i ,90’a .91', .93* a OATS— March S' .53% .52% .54 May 55'. .55 .55’, .55U July 52% ... .52% .52% March 1.07% 1.07% 1.07% I.63’ii Mnv 1.05%, 1.03 ’ 4 1 .OB 1 - 1.03’, July 1.02 a ... 1.02% X. 03% LARD— January .... 12.10 12.10 12.07 March 12.25 12.25 12.22 Mr.v 12.42 12.40 12.42 12.37 Julv 12.57 .... 12.57 12.55 RIBS - January 10.90 '.lay 11.47 f!" Times Knccinl CHICAGO. Jan. 10.—Carlots: Wheat, 36: corn. 387: oats. 71: rye. 0. HONOR FLIERS AT AUTO SHOW Chrysler Price Cut Holds Chief Interest. till l nited Press NEW YORK. Jan. 9.—The twenty-eighth annual automobile show turned its attention to aviation today when a host of leading aviators of the country were guests of officials. V Bert Acosta, Art Goebel and Clarence Chamberlain, trans-oceanic fliers; G. W. Bellenca, airplane designer, and Capt. Edward V. Rickenbacker. World War ace, were among the fliers honored. Meanwhile, dealers speculated on the outcome of the announcement of the Chrysler Corporation that newer and lower prices were forthcoming on its cars. That the cut is another parry in the price-cutting war was expressed, but it was evident that further stabilization in favor of the buyer was assured. The monotony of the array of dazzling colors and bright colored accessories was broken somewhat by dealers who displayed their wares in motion, and many in the parts section were showing novelties heretofore kept in the background. STEEL ORDERS HIGH Unfilled Tonnage of Steel Corporation Increase. Ilf Unit'd Pr ss NEW YORK, Jan. 10.—United States Steel Corporation’s unfilled tonnage as of Dec. 31, increased 518.430 tons compared with Nov. 30. The Dec. 31 tonnafee figure was 3,972.874 tons, against 3,454.000 tons on Nov. 30. On Oct. 31, last, unfilled tonnage was 3,341,040; on Sept. 30, 1927, 3.143,113 tons, and on Dec. 31, 1926, 3,960,969 tons. Steel Forced Up Bi/ United Press NEW YORK,'Jan. 10.—Following the publication of the Steel corporation's tonnage report heavy buying of Steel common stock forced that issue up IVS points to 150 Vi on the New York Stock Exchange. But as soon as the support was taken away from the issue, it fell back to 147, where It was off 17i from the previous day’s close. Steel opened at 148% rose'to a high for the morning of 149 Vi and eased to 149V4 when the tonnage report was announced at noon. PUMP MANUFACTURER RATES TO BE JAN. 17 Otto E. Harris Will Be Cremated; Died in Oregon. Private funeral services for Otto E. Harris, 68, pioneer Indianapolis pump manufacturer and resident here forty years, will be held Jan. 17. Mr. Harris died Jan. 3, at Portland, Ore., where he has lived the later years of his life. The body was brought to the Flanner & Buchanan mortuary and may be viewed by friends. The body will be cremated. He was born in Lafayette, coming to Indianapolis he engaged in the pump manufacturing business of the Comstock-Coonse Company. Later he went to Texas and then to Oregon, where he conducted a pump factory until retirement several years ago. Surviving are two sons, Charles O. Harris, Indianapolis, and Marie Harris, Portland; a daughter, Mrs. ■fcithryn Ledbetter, Portland, and a Mrs. Charles W. Leffler, In-

Pretty —Labels on Poison

Opal Appleman was in the office of her father, William A. Appleman, chief prohibition officer for the Toledo district, the other day. She started to admire the pretty labels on the bottles, but her father told her it was all poison, even if the labels did say it was Vermouth, ThreeStar whisky and aromatic Benedictine.

City News Told Briefly

WEDNESDAY EVENTS ) Kiwanis Club district conference. Indianapolis Athletic Club, all day. Indianapolis Day Nursery Association i meeting. 10:30 a. m. Purdue Alumni Association luncheon, ; Severln. Junior Chamber of Commerce luncheon. Chamber of Commerce. Lions Club luncheon. Lincoln. Lamcda Chi Alpha luncheon. Board of Traae. Family Welfare Society dinner. Claypool. 6:30 p. m. „ , Alpha Eta Pi meeting, Loncoln, 7:30 p. m. Indiana State Cemetery Superintendents’ Association meeting. Crown Hiil cemetery. 8 p. m. Directors of the NatioDal Ilay Association meeting at the Lincoln, selected Ft. Wayne, as the place for the 1928 convention, Aug. 20, 21 and 22. Arnold P. l'crkes, Chicago, talked on “Power Farming,” before 1.500 dealers of thj Indianapolis branch of the Internationa'j Harverter Company, at luncheon Monday, at the Columbia Club. The dealers were guests of the company at the Indiana Theater. Grover Hurst, 40, of 83 N. Holmes Ave., faces assault and battery charges for an alleged attack on his 75-year-old father, Allen Hurst. Police say that the son returned home intoxicated Monday and began scolding his mother. When the father interfered he beat him and threatened to cut his throat, they charge. Betty Lee Bhuncrkcmper, 14 months, was rushed to city hospital Monday when her mother, Mrs. Sarah Bhunerkemper, 1037 E. Ohio St., reported to police the' child had drank insect killer. Doctors failed to find trace of the poison. Eighty-seven citizens of Ind., today filed a petition with the' public service commission charging that the electric rates of the Northern Indiana Power Company arc excessive, and asking reductions. The E. Tenth St. bus situation will be discussed at a meeting of the Sherman-Emerson Civic League at School 62 tonight at 8. R. M. Swartz, president, announced Floyd E. Baber, sanitary board operating committee member, will speak. Christ Episcopal Church wardens and vestrymen were re-elected at a parish meeting. Vestrymen are D. W. Allerdice, D. P. Beach. W. F. Delbrook, H. H. Ferguson, W. W. Knight, Eli Lilly, and J F. Morrison. Charles E. Judson is senior warden and Arthur D. Pratt is junior warden. “The Soldier of the Cross.” a two-act play, will be presented in the Woodruff Place Baptist Church Thursday, at 7:45 p. m. by the Marion County Federation of Young People’s Union as a feature of the January rally. The organization is composed of young people's societies of the thirty-three Baptist churches of the city. Indianapolis Humane Society will elect officers at 8 tonight at the Chamber of Commerce. Frank A. Symmes is president. Carl E. Van Zandt, 723 N. Emerson Ave., today asked that it be made public that a man who gave his name as Frank Wernsing and his address as 723 N. Emerson Ave., last week when arrested on a liquor charge by Sheriff Omer Hawkins, gave an incorrect address. No one of that name lives at 723 N. Emerson Ave. and no one living there was involved in the liquor case, Van Zandt said. Dr. L. C. Trent, pastor of Woodruff Place Baptist church, was the speaker at the Universal Club luncheon at the Columbia Club today. Program was arranged by Clarence Morgan and L. B. Haas. The new president, Jesse E. Hanst, outlined the 1928 club program. Following a public hearing at Clay City, Ind., conducted by Commissioner Calvin Mclntosh of the public service commission, the Monon Railroad and town beard agreed on “satisfactory” traffic sig£y. thp towA'4 XftiAfftWl MV)gg-

ings. The board originally ordered the Monon to install electric wigwag lights. Sixty applicants for druggist licenses are taking a three-day examination before the State board at the Statehouse. The examination commenced Monday. Miss Elsie Green, supervisor of employment at the Real Silk hosiery mills, went to Chicago today to accept a position as assistant manager of the Mid-West Athletic Club. She was assistant general secretary of the Chamber of Commerce for twelve years, resigning last March. Frank A. Montrose, vice president and general manager of the Indiana Bell Telephone Company, will speak at the weekly luncheon of the Indianapolis Real Rstate Board at the Chamber of Commerce Thursday noon. Annual banquet of the board will be held at the Marott Jan. 19.

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: Andrew M. Jackson, 3534 E. Fail Creek Elvd., Oldsmobiie, 19-857, from 32 E. Georgia St. Elmer King, 230 S. Sherman Dr.. Chevrolet, 22-838, from Georgiy and Illinois St. Orville Ross, 637 E. Ohio St.. Ford. 533-459, from 1600 Southeastern .Ave. Edward B. Kendall, 1647 Spann Ave., Ford. 560-GSB, from Capitol Ave. and Washington St. C. W. Johnson, Southport, Ind., Ford. 523-057, from Capitol Ave. and Market St.

BACK HOME AGAIN

Automobiles reported found by police belong to: Pilot, touring, license 589-384, found at Cornell Ave. and Sixteenth St. Chevrolet, coupe, license 573-114, found at rear 328 W. Washington St. Ford coupe, license 577-678, found at 2647 Northwestern Ave. DOOM ST. PAUL'S DAILY PIGEON PARADE Two Thousand Birds Ordered Executed by Authorities. Bn United Press LONDON, Jan. 10.—American visitors to London next season will miss the daily pigeon “parade” around St. Paul’s Cathedral, considered one of the sights of the capital. The birds have increased so rapidly that they have become a nuisance and the execution of 2,000 members of the colony has been ordered. The depletion of the pigeon host is to be, carried out at night, and some ten men with specially designed traps will endeavor to catch several hundred birds at a time until their numbers have been reduced sufficiently. Some of the doomed pigeons will b’e sold as food, while others may go to the hundreds of letter-writers who, begging that the birds might be spared, promised them “good homes.” DENTISTS HEAR TEACHER State Convention in May Tlanncd by City Society. At meeting of approximately 150 dentists conducted by the Indianapolis Dental Society at the Lincoln yesterday afternoon and last night, Arthur J. Beirault of the Beriault School of Expression, spoke on “The Philosophy of Expression.” Plans were completed for the State meeting in Indianapolis in Mqf. A

JAN. 10, 192S

0. S. HOSPITAL PROGRAM GOES TO CONGRESS Ask $10,500,000 Building Fund to Provide for War Veterans. CONGRESS TODAY House Considers private bills on unanimous consent calendar. Flood Control Committee continues hearings. Irrigation Committee considers several measures. Agriculture Committee considers bill for developing agricultural extension work. Veterans Committee considers hospital building program. Immigration committee considers inspectors' pay bill. Elections Committee No. 2 continues investigation of Beck case. - Naval Affairs Committee continues Magruder investigation. Senate Debates McMaster tariff resolution. Indian Affairs Committee considers pending bills. Public Lands Committee continues consideration of pending bills. Interstate Commerce Committee continues hearing on railroad consolidation bill. Privileges and Elections Committee takes up Wilson-Vare election contests. Committee on Heart’s Mexican documents completes its report. Special Elections Committee completes report on case of Frank L. Smith, Illinois senator-elect. By United Press WASHINGTON, Jan. 10.—A veterans’ hospital building program of $10,500,000 was recommended to Congress today by Director Hines of the United States’ Veterans' Bureau, who outlined it to the House veterans’ committee. The American Legion favors a $14,000,000 program, which will be presented later to the House veterans’ committee. Hines explained that last session he had favored anew $1,600,000 bed hospital at Atlanta, but that called for closing up the hospital at Lake City, Fla. He now thinks the Florida hospital should be retained, with Atlanta made a clearing house for the Southeast. Change in Southwest The director said he recommended anew hospital at or near Kansas City rather than exercise an option to buy the present leased building for $550,000. He pointed out that the present hospital at Excelsior Springs. Mo., which has taken care of some cases in the Kan-sas-Ncbraska area, may be turned over soon to some other Government department. The American Legion. Hines explained. had recommended a 400bed addition at Ft. Snellirg, but he said the hospital at Hot Springs, Ark., for tubercular cases, is not full and many cases can be taken care of there. The leased hospital in Minneapolis eventually will be closed, he said. Order Beck Witnesses House Elections Committee No. 2 today ordered fifteen Philadelphia witnesses subpoenaed to substantiate a claim that Representative James M. Beck (Republican), Pennsylvania, is not an inhabitant of that city and so is not entitled to a seat in the House as Philadelphia’s representative. Representative Kent (Dem.), Pennsylvania, asked for calling of witnesses. Kent, directing the contest on behalf of Democratic floor leader Garrett, who brought the charges, said these witnesses would prove that Beck was not even a qualified voter when he was elected, that he has paid only 50 cents in taxes to Philadelphia, and that he has occupied his apartment there only one or two nights In the last year. Concurrent resolution declaring American citizens engaged in trade or commerce with foreign countries subject to the laws of those countries was introduced by Senator Blaine (Rep.), Wisconsin. The final report of the Senate committee which investigated the forgery of Mexican “documents” published in Hearst newspapers will be presented to the-Senate Wednesday, Chairman David A. Reed announced today. / Reed said the committee was unable to get its report printed in time for introduction in the Senate today, as had been planned. PARK BOARD PARLEYS BEHIND CLOSED DOORS Mayor Believed Busy Trying to Break Deat^*, Mayor Slack and park board members today declined to discuss a two-hour closed conference in the Mayor’s office Monday. It was believed the mayor conferred with Adolph G. Emhardt and Mrs. Mary Hoss, who bolted on the mayor's reorganization recommendations last Thursday, with the hope of drawing them over to the administration side. Retiring President John E. Milnor and Michael E. Foley, Democrat, are expected to vote for Slack’s program. But Mrs. Hoss and Emhardt arc believed to have “tied” the vote because two of Mrs. Hoss relatives were on the list to be dismissed. Emhardt and Mrs. Hoss, although of opposite political faiths, have voted together while board members. Mayor Slack may attend the meeting Thursday to exercise his power to decide the tie.

Satisfied Bu Times Special COLUMBUS, Ind., Jan. 10.— Mrs. Hazel McKinney, 27, was fined sll and costs by Mayor C. B. Cooper for assault and battery upon Marie Smith, after they quarreled over, a man’s affections. “It was worth it,” Mrs. McKinney commented as she left the courtroom after paying up.