Indianapolis Times, Volume 39, Number 212, Indianapolis, Marion County, 12 January 1928 — Page 12

PAGE 12

MOST STOCKS MAKE MEDIUM GAINS IN LIST General Motors Opens Point Higher; U. S. Steel Is Fractionally Up.

Average Stock Prices

Average of twenty industrials Tuesday was 197.43, off .90. Average of twenty rails was 138.80, up .32. Average of forty bonds was 99.42, up .04. l'(i United Press NEW YORK, Jan. 12.—Moderate gains were made by the majority of issues on the stock market in 'early dealings today. The opening was irregular, but the upward movement developed on fairly large turnover, following a rise of a point on General Motors and a fractional advance in United States Steel common. Green Copper led the mining group with another sensational spurt to 138,, up 2, wiiile Texas & Pacific featured the rails, rising to 110%, up 2% and a record high for the issue. Mullins Body was a leader of the motor equipments, spurting 2 points to anew high at 85. Sugars were easier, as were some of the mercantile issues, while equipments, oils and special issues were moved up. United States Leather A gained 2% to 57, a new high; Transue Williams, 1 to 51V4, also anew high, and Radio, ,% to 100%. Describing the market, the Wall Street Jaurnal’s financial review today said: “Over night news was unimportant and price movements in the early dealings were governed by technical conditions. Professionals took in some short contracts put out on the drive in Wednesday’s late trading and speculative leaders scored slight recoveries.” Stocks were nervous in the late morning and the general list moved with irregularity. Call money conditions were easy with funds in supply at 4 per cent. Unsettlement was mostly due to bearishness in trading quarters.

Banks and Exchange

INDIANAPOLIS STATEMENT Bank clearings hare today were $4,168,000; debits were $7,267,000. NEW YORK STATEMENT f'.’i United Press NEW YORK, Jan. 12. —Bank clearings, *1.337.000.000; clearing house balance, $133,000,000. CHICAGO STATEMENT By United Press CHICAGO, Jan. 12.—Chicago bank clearings today were $126,300,000; clearing house balances $94,000,000. FOREIGN EXCHANGE B" United Press NEW YORK. Jan. 12.—Foreign exchange opened steady. Demand sterling, $4,87 3-16. up .00 1-16; francs, 3.92’/8C; lira, 5.28"ic: Bclga, 13.94 c, off .01; marks, 23.80 c, UP .00!i. TREASURY STATEMENT B,y United Press * WASHINGTON, Jan. 12.—The Treasury net balance Jan. 10 was $199,785,718.78. Customs receipts this month to Jan. 10 Were $12,249,127.62. LIBERTY BONDS B,y United Press NEW YORK. Jan. 12.—Liberty 3%s opened at i0i.19. up 3: third 4Us, 100.20, off 1: fourth 4Us, 103.28. off 2.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Jan. 12.—Some of otir market leaders did not give a good account of themselves Thursday, though they may do so today, in view of the fact that we have already had three days of decline. However, we have not had any uniformity in market action in%so long a time that we don’t know that we have a right to expect it now. It has been long time since the market has been responsive to news of trade. If it had been, 1927 would have made a different showing. We have anew philosophy guiding our resourceful men. If you want a company go in the market and buy It, and don’t pay any attention to business or earnings of the day. Thus we have seen Baldwin practically change hands at a time when there was no locomotive business. We have been a practical change in control of AIC at a time when there was nothing unusually attractive in business. So today if the control of the floating supply of Radio or Montgomery Ward or some other stock is wanted, they buy it and pay no attention to business. We don’t see the end of this character of market. ,

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, Jan. 12.—Most of our weakness of late has had Its origin In Liverpool. Cables are about right this morning and If other markets stand up we think cotton will at least hold Its own. perhaps show a nice advance jon the day. Bu United Press NEW YORK. Jan. 12—Cotton futures opened higher. January 19.08. up 9: March 19.05, up 6; May 19.12. up 7; July 18.95, up 10; October 18.24, up 3; December 18.17, up 2.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. Jan. 12.—The expected official announcement of the Cuban restriction program Is still delayed and the opinion Is that It may not appear before next Monday. There.are all sorts of rumors coming forward as to the date of grinding and In general the uncertainty which had generated for a time is again disturbing the market. The feeling is that the sooner a definite decision is arrived at the better it will be. The progress in the organization of the sugar Institute is attracting a great deal of Interest and Is having a favorable effect. We believe sugar futures should be bought on all recessions. By United Press .. . , . NEW YORK. Jan. 12.—Sugar futures opened 2 points lower to 1 higher. January. 2.88: March. 2.73; May. 2.81; July, 3.89; September. 2.97; December 3.01. LEGION HEADS GATHER National Executive Committee to Open Meeting Friday. American Legion national executive committeemen and alternates were arriving here today for the two days’ sessions of the committee which begin at 9 a. m. Friday at Legion national headquarters. The executive committee is the governing body of the Legion between national conventions and decides all questions of Legion policies.

New York Stocks (By Thomson & McKinnon)

—Jan. 12— Prev. Railroads— High. Low. 12:00. close. Atchison 191 ’/* 191 191 U 191% At Coast L ... ... 185 B. &O ..117% 117 117% 118% Can Pacinc 211% 210V* 211% 209% C <fe 0 201 ... 200 % 200% C& N W 85% 85% v 85% 86 % C, R & P ... 110 Del & Hud 180% Del <fc Lack 134% 134 134% 134 Erie 64 ... 64 63% Erie Ist ofd .... 62% ... 62% 62% Gt No pfd 96 ... 96 96Vs Lehigh Val 92 ... 92 93 K C South 60% ... 60% 60 I. & N 153 151 152 153 MK & T 39% 39% 39% 39% Mo Pac pfd 113 Vi N Y Cen 161 % ... 161% 161 NY. NH & II 62% 62% 62% 62% No Pacific 96 ... 96 96 Nor & W 187% Pere Marq 127 Pennsy 65 64 % 65 64% Reading 102% IC2 102 U 103 Southern Ry ....144 ... 144 143% Souhern Pac ... .121% ... 121% 121% St Paul 20 19 19% 19% St Paul pfd 37% ... 36% 37Vi St L & S W 71% St L & S F 114 ~. 114 113V* Union Pac ... 189 U WabaSh 64% ... 64% 65 Wabash pfd .... 94% ... 94!* 95 Rubbers— Ajax 12% 12% 12% 12U Fisk 16 U ... 16U 16V* Goodrich . 93 ... 92 93 Goodyear 68 % 67 67!* 67 U Kelly-Spg 23% ... 23 23% U S Rubber 60% 59% 60% 59% Equipments— Am Car & Fd...106% 106% 106% 106% Am Loco 11l ... 110% lil Am Steel Fd 69% 68% 68!* 68% Bald loco 251 Gen Elec 133% 131% 131% 132% Lima 61 N Y Airbrake .. 45% ... 44% 44% Pres Stel Car ... 75 Pullman 82% 82 82% 81% Wsth A B 51% 51 51 51 Wsth Elec 92% ... 91% 91% Steels— Bethle 57% 57 57U 56% Colo Fuel , 79 ... 78U 77% Crucible 88% ... 83 87% Gulf St Stl 51% ... 51% 51!* Inland Stl 59 Phil R C & 1... 38% 38 33 38 Rep Stl 60% Sl-Shef 126 U S steel 148% 147 147 147% Alloy 30% ... 30% 30% Vanadium 62% 61% 61!* 62% Motors— Am Bo 21 Chandler 17% Chrysler 57% 57% 57% 87% Con Mo 10% ... 10U 10% Dodge 20! 20% 20!* 20% Gabriel 26 25% 26 25% Gen Mo 132% 131!* 131% 131 Hudson 79% VBU 78% 78% Hupp 32 31% 31% 30% Jordan 13 ... 12% 13 Mack 102% 101% 101!* 101% Yellow C 36% 35U 35% 35% Moon 7 6% 7 6% Nash .' 93 92% 92% 92% Packard 58% 57% 58 58V* Peerless 18% ... 18v* 18 Pierce Ar 13% ... , 13% 13% Studebkr 58% 57% 58U 57% Stew War 81 ... 81 81 Timken 131% 130 U 130!* 130 U WUlys-O 18% ... 18U 18% White Mo '3B ... 33 37% Am* 1 Sm*T 177% 176% 177 U 176% Anaconda 55% 55U 55% 55% Cer De Pas 66 ... 66 67 Int Nickel 90% 89% 90 88% Chile 41 ... 40% 40% Green C 141% 137% 138% 135 Kennec 82% 82% 82% 82% Magma 5. ... 52 51 !4 Tex G & Sul... 77% 77 77% |7% US Sm 41% 41% 41% 41 Vi At°Ref 108 107!* 103 107!'* Cal Pete 26U ... 26% 23 Freep Tex 109 U 107% 107!'* 109 Houston 151% 148 150 147% Indpend Oil .... 27% 27 i 27% 27% Marland Oil .... 37 36% 36: 36 Mid Con Pete... 29% 28% 29 28% Lago 34 ... 34 34% Pan Am Pete B 44% ... 44“ 44% Pro and Refg.. 25U 24U 25% 2j Phil Pete 42 % 41% 42 41% Union Oil 44% 44 44% 44 Pure OH 26% 26% 26% 26% Rovat Dutch 48% ... 48% 48% Shell 26% 26% 26% 28% Sinclair 21 20% 20% 20% Skelly 27% 27 27% 27% SO of Cal 55% ... 55% 55V* S O Os N J 40% 39% 4040% S O of N Y 31% 31 31 31% Texas Cos 54% 54% 54% 54% Trans Pete .... 10% 9% 9% 9% White Eagle .... 24 ... _ 24 24 Industrials— Ad Rumely ... 12 Allis Chaim 116% ... 116’% 116% Allied Chem ... 156% 155*% 156% 155% Armour A 11% ... 11% 11% Amer Can 72% 71% 71% 71% Am H and L .. 13% ... 13% 14 Am H and Lpf 64T ... 64% 64 Am Safety R .. .. - 56 Amer Wool ... ... 22% Amer Linseed .. 58% 58 58V* 59 Coca Cola 132% ... 132 132 Cont Can 81% 81 Vi 81% 80% Cert Prods 60 Dav Chem 43% ... 43% 43% Dupont 315 ... 31 A 314 Famous Players 114% .. 11#* 115 Gen Asphalt 89% 88% 89 69% Int C Engr 51% ... 51% 51 Int Paper 69 ... 68 % 68% Int Harv 238% ... 238V* 237% May D Stores 82% Mont Ward 124 122% 122% 123% Nat Lead 12s Owen Bottle 78 ... 78 77% gadlo 101% 99V* 100 99% Rem Rand 23% Un ted Drug ....196% ... 195% 193V* Unlv Pipe 25% 24% 24% 24% USCI P 308 ... 208 210 USInAI 108 108% 108 107% Wooworth 184 183% 184 182 LtiU ties— Am T & T 179% 178% 179 179% Am Express 172 Am W W 57 Brklyn Man 55% Col Gas & E 1.... 91 ... 9iu 911. Cons Gas 121 % 120% 121 % 121 % Interboro 30% ... 30 29% No Amer Cos 59% 59% 59!'* 59% Peoples G 163 Vi 160% 162% 161!* S Gas & El S8 West Union 172% Shipping— * Am In C0rp.,... 83% 83% 83% 82 Am Sand C 4 ... 4 4 Atlantic Gas .... 39 ... 39 39 to MM pfd.... 41% 41% 41% 40% United Fruit 138 Foods— Am Sugar 78!i 77% 78 77 A B Sugar 17% Austin N 5% Beech N 74V* Calif Pkg 76 ... 76 75’% Corn Prods .... 7T 70 70!'* 70% Cuba C pfd .... 32% 31% 33% 31 Cuba A Sugar .. 22% 22V* 22% 22% Fleischmanu ... 69% 68% 69% 69% Jewel Tea 83 Nat Biscuit ....166% 165 165% 166% Punta Ale 33 ... 33 33% Postum 126% ... 126 .126 WBk (Bl 28 27% 28 28 Tobarcos— Am Sums 60 ... 59% 60V* Am Tob 171 ... 171 - 171% Am T 181 171% ... 171 172% Cons Cigars 82% Gen Cigars .... 69% ... 69% 69% Liggett 120% ... 120 Vi 121% Lonllard 37% ... 37% 37% R J Rey 157% ... 157% 157% Tob P (B) 110% 109% 109% 109% U Clg Stores.... 32 31% 32 32 Schulte R S .... 51% ... 51% , 51%

Local Wagon Wheat

Local grain elevators are paying $1.31 for No. 2 red wheat. Other graces are purchased on their merits. APPEALS LIQUOR CASE Writ of Error Allowed to Member of Ferracane Ring. A writ of error, preparatory to an appeal to the United States Circuit Court of Appeals, was allowed today 'by Federal Judge Robert C. Baltzell in the case of Leo Stabile of Louisville, convicted in December in the Ferracane liquor conspiracy case. Stabile is serving a fifteen months sentence at Leavenworth. Three other Ferracane case convictions are before the United States Circuit Court of Appeal, those of Tony Ferracane, Indianapolis, and Les Feldhaus and Charles Gay, Louisville.

He Came Back By Times Special FT. WAYNE, Ind., Jan. 12. Clarence Shoecraft, Negro, the burglar who kept his word, received a sentence of one to ten years in prison on convictioh in Circuit Court here. A few days ago Shoecraft called at a second hand auto accessory store and looked at a generator. Seven dollars was the price. “I’ve got only $3,” the Negro told David Schwartz, proprietor, “but I’ll be back.” Shoecraft came back and stole the generator.

PORK MARKET STRONG TOIO CENTSHIGHER Vealers Regain Wednesday’s 50-Cent Loss; Other Livestock Steady. —Hog Price Range— Jan. Bulk. Top. Receipts, 5. 8.50® 8.70 8.70 14,500 6. 8 25® 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 8.70 11.500 11. 8.25® 8.60 8.60 10.000 12. 8.25® 8.60 8.60 7.500 . Porkers were strong to 10 cents higher on the hundredweight at the local livestock market today wHh the top steady at $8.60. About 7,501 animals were received and 526 held over. 1 The Chicago market enjoyed a fairly active opening. Weights of 200 pdunds and down were fully: steady, but heavier butchers were' slow. Several sales for middle weights were around [email protected]. Receipts were estimated at 52,000. Calves regained Wednesday’s loss of 50 cents at the local yards and other livestock was about steady. Most Hogs Steady Most porkers were unchanged, heavy butchers, 250-350 pounds, remaining at Material in the 200-250-pound class w r as strong, selling ®t $8.60 throughout. Middle weights, 160-200 pounds, were up 10c on the top at [email protected]. Lights and pigs were unchanged, the former going at sß® 8.25 and pigs, $7 @B. Packing sows brought steady prices. 56.75W7.75. Cattle prices were steady, with 800 received. Beef steers sold in a slightly narrower range at $11.75®, 15.50 and beef cows were s7® 10. Low % cutter and cutter cows were $57(6.25 and bulk stock and feeder steers, $7.50® 9. Calves Recover Best vealers sold at sl6® 16.50, regaining Wednesday’s loss of 50 cents. Heavy calves were steady at $6.50® 10. Receipts were estimated at 800. Sheep and lambs were steady, with approximately 800 received. The top stod at sl3. and the bulk fat lambs were sl2 up. Bulk culls sold at $7.80® 10 and fat ewes were $4.50716.50. Hoff 5 Receipts. 7,500; market strong to higher. 250-350 lbs. ...; $8.50® 8.60 wli-250 lbs J. 60 r 160-200 lbs 8.40® 8.60 130-160 lbs 8.00*; 8.25 90-130 lbs 7.00® 8.00 Packing sows 6.75® 7.75 —CattleReceipts, 300; market steady. Beef steers $11.75015.50 Beef cows 7.00® 10 00 Low cutters end cutter cows .. 5.00®' 6.25 Bulk Stocker and feeder steers 7.50# 9.00 —Calves— Receipts. 800; market higher. Best vealers $16.00(3’16.50 Heavy calves 6.50® 10.00 —Sheep and Lambs— Receipts. 800; market steadyTop fat lambs $13.00 Bulk fat lambs sl2 00® 13.00 Bulk cull lambs 7.50® 18.00 Fat ewes 4.50® 6.50

Other Livestock

Bu United Press CHICAGO, Jan. 12.—Cattle Receipts. 10.000: fed steers comparatively steady; she stock steady to weak: bulls steady; venters 25®50c lower' best fed steers, $10.25; tipper crust fed steers, $l6O 17.25: shippers in trade; most fed steers, $12.50®> 15.50; light heifers dull to lower; most low cutter cows, $5.50: shelly light kinds down to $5.25; practical top heavy sausage bulls, $8.50; mostly $7.50®8.2: meaty kinds. $8.7509; light vealers, $10.50® 11.50; largely $11; selected shippers, $13.60014. Shtep—Receipts. 22.000: fat lambs opening very slow; few early bids and sales around 25c lower than Wednesday's close; good desirable weights lambs, $12.75 0 13; sorted handywelght bid. $18.25; nothing done on heavyweight's; sheep steady; prime 80-Ib. yearlings. sl2: fat ewes. s6® 6.75: feeding lambs unchanged: early sales good 65-75 lb. offerings, sl2® 12.50. Hogs isoft or oily hogs and roasting pigs excluded!—Receipts, 52.000: market mostly steady to strong; heavyweight 250 to 350 lbs. medium and choice. $7.8508.85; mediumweight 200 to 250 lbs. medium and choice. $808.35: lightweight 160 to 200 lbs. common and choice. $715008.35: light lights. 130 to 160 lbs. common and choice, $7®8.20: packing sows, smooth and rough, $6.6007.40; slaughter pigs, 90 to 130 lbs., medium and choice, [email protected]. Bu United Press _ CINCINNATI. Jan. 12.—Hogs—Receipts, 2,0000; holdovers, 1,812: market steady to 5c down: 250 to 350 lbs.. $7.8508.75; 200 to 250 lbs., $8.65 0 8.80; 160 to 200 lbs., $8.25 08.50: 130 to 160 lbs.. [email protected]: 90 to 130 lbs.. $708: packing sows, $6.7507.25. Cattle—Receipts, 600; calves, receipts 500; market for veals steady to weak: beef steers, $10013.50; light yearling steers and heifers, $9013; beef cows, $6.5009; low cutters and cutter cows. ss@6; vealers, sll @>ls; heavy calves, $10013: bulk stock and feeder steers, S9OIO. Sheep—Receipts, 175: market steady; top fat lambs, $14.25; bulk fat lambs, sU@l4; bulk cull lambs, s7®9; bulk fat ewes, s4®6. By Times Special LOUISVILLE, Jan. 12.—Hogs—Receipts, 1,300: market, steady; mediums and heavies, $8.25 0 8.65; pigs and lights, $8.25® 7.50; throwouts and stags, $5.75 0 6 50. Cattle—Receipts. 200; market, steady. Calves —Receipts, 20; market, steady; good to choice, $12®14; medium to good, $9.50012; outs. $9.50 down. Sheep—Receipts, 50; market, steady: top lambs, $12012.50; seconds. s7®9; sheep ,[email protected]. Wednesday’s shipments: Cattle, none; calves, 130; hogs, 171; sheep, none. Bit United Press CLEVELAND, Jan. 12.—Hogs Receipts, 2,500; market steady to weak; 250 to 350 lbs., $8.80®8.90; 200 to 250 lbs., $8.8008.90; 160 to 200 lbs.. $8.7508.90; 130 to 160 lbs., $7.750 8.80; 90 to 130 lbs.. $7.50017.75; packing sows, $6.75® 7. Cattle—Receipts, 250; calves, receipts. 400; market steady; calves 50c down; Deef steers, $10.50012.25; beef cows. $6.5009; low cutters and cutter cows, S4JO@6; vealers, $14016.50. Sheep —Receipts, 1,600: market weak to 25c down; top fat lambs, $13.75; bulk fat lambs. [email protected]; bulk cull lambs, $10.50012; bulk fat ewes, $507. Bu United Press PITTSBURGH. Jan. 12.—Hogs—Receipts. 3,000; market steady: 250-350 lbs., $8.90®, 9; 200-250 lbs., $8.9009; 160-200 lbs., $8.86 f® 9; 130-160 lbs., $8.2509; 90-130 lbs.. $7.75 8.25; packing sows. $8.7507.50. Cattle—ecelpts 25; calves, receipts 175; market, cattle steady, calves 25®50c down; beef steers, $11014.50; vealers, $14.50-16.50. Sheep—Receipts. 600: markt weak; top fat lambs, sl4; bulk fat lambs, $13013.75; bulk cull lambs, $8.50010. Bit United Press EAST BUFFALO, Jan. 12.—Hogs Receipts. 1,500; holdovers. $12.40: market. 15 @2sc down: 250-350 lbs., $8.7509; 200-250 Ibis., $8.75 09; 160-200 lbs., $8.50010: 130160 lbs.. $808.75; 90-130 lbs.. $7.50 08; packing sows. 6.7507.50. Cattle—Receipts. 200: calves, receipts 200; market steady; calves 50c down; vealers. sl6@ 16.50. Sheep —Receipts. 800; market steady; bulk fat lambs. $13.50013.75; bulk cull lambs, sllO 11 50; bulk fat ewes, $507. Bi' United Press EAST ST. LOUIS, Jan. 12 —Hogs Receipts, 13,500: holdovers, 3,427; market 10 @lsc up; 250-350 lbs., $8.1508.50; 200-250 lbs.. $8.3508.60: 160-200 lbs., $8.2508.60; 130-160 lbs.. $7.2508.50; 90-130 lbs.. $8,250 7.75; packing sows. $6.9007.50. Cattle Receipts. 400; calves, receipts, 800; market, steers strong; beef steers, $9.65® 12.75; light yearlings and heifers, $8010.50; beef cows, $6.50 0 8.50: low cutter and cutter cows. 34.65® 6; vealers. sls; heavy calves, $7.50010.50; bulk stock and feeder steers, $7.500 9.75. Sheep—Receipts/ 1,200; market steady; top fat lambs. $13.25; bulk fat lambs. $13013.25: bulk cull lambs, s9@ 9.50; bulk fat ewes, $506. Bu United Press TOLEDO, Jan. 12.—Hogs—Receipts. 700; market steady; heavies, $808.40; mediums, $8.4008.50; Yorkers. $8,250)8.50; good ptgs, $7.500 7.75. Cattle—Receipts, 150; market strong; calves; receipts light: market strong. Sheep and lambs—ReooipU light; sitrket sieadjb _ .

THE INDIANAPOLIS TIMES

Commission Row

price to Retailers fruits Apples—Fancy barrel apples; Jonathans. $8.5009; Bellflowers, $7.50: Grimes Golden. $9; R. I. Greenings. $8; Kings, SB. Barrel apples: Grimes Golden. $7.50; Bellflowers $6; Baldwins. $6; Wagners. $5.75@6: Jonathans. $5.50: Winesaps. $6. Box apples: Delicious. $404.75: Grimes Golden. $2.50® 3.50: Jonathans. $3.25; Stavmens. $3.75. Fancy basket apples (40-lb. baskets): Jonathans. $2.50® 2.75; Grimes Golden. $2.75; Delicious. $3.25; Wolf River. $2.50; Benator. $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. $1.75; Jonathans. $2.50; 30-ounce Pippin. $2.50: York Imperial, $2.25; cooking apples. $2. Bananas—6®Bc lb. Cranberries—sl4 onc-half barrel. Grapefruit—Florida. $3.75® 5.25. Grapes—California Emperors. $6 keg; California Malogas. $8.50 per keg. Kumquats—Florida. 25c quart. Lemons—California. $6.50® 7.50 crate. Limes—Jamaica. $3 per 100. Oranges—California navels. $4.75@7 crate: Florida. $5.75®6 crate. Pears—Washing,ton Bose, $6 per box; Washington D’Anlous $8 box. Strawberries—Florida. $1.15 quart. Tangerines—Florida. [email protected] a crate. VEGETABLES Artichokes—California. $2.25 per dozen. Beans—Southern. $3.75 hamper. Beets—sl.2s bu. Brussels sprouts-30c 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—sl.so doz. Cucumbers—Hothouse. $2.50 dot. Eggplant—H. G.. $2.50 doz. Endive—sl.2s doz. Kale—s 2 barrel, leek—soc bunch. Lettuce —Arizona, head. $4.25®5 per crate; hothouse leaf. $2 40 15 lbs. Mushrooms—sl.so, 3 lbs. Onions—Spanish. $2.35®>2.75 crate: Indiana white, $2.75 !00-lb. bag; Indiana yellow or red. $2.50 cwt. O.vsterplant—soc doz. Parsley—6oc doz. bunches. * Parsnips—sl.so bu. Peas—California telephone. $9.50 hamper. Peppers—Florida mangoes, $4.50 crate. Potatoes—Michigan white. $3.10 150 lbs.; Minnesota Russets. $2.60 120 lbs.; Minnesota Red River Ohios, $2.40 120 lbs.; Idahos, $2.75 cwt; Texas Triumphs, $3.50 per hamper. Radishes—Hothouse buttons, $1.25 doz. Rutabagas—sl.7s per cwt. Shallots—7s®Bsc doz. Spinach—H. G.. $1.2501.50 bu. Sweet Potatoes diums. $2 bu.: Indiana Jerseys. $3 bu.; Nancy Hall. $1 75 hamper. Tomatoes—Hothouse. $3.50 per 10 lbs.: California, $607. 6-baskct crate; Cuban. Turnips—H. G.. 85c bu. MISCELLANEOUS Cider—New York. $5. 14-gal. keg; $4.50. 6-gal. case; $4.75 doz. %-gal. jars. Cocoanuts—s6 per 100. Garlic—lsc per lb. Oysters—Standards. $2.50 gal.: selects. $3 gal. Sauash —Hubbard. $4.50 barrel.

THE CITY IN BRIEF

FRIDAY EVENTS Indiana Grain Dealers’ Association convention. Board of Trade, all day. American Legion national executive committee meeting. Legion National headquarters. N. Meridian St„ all day. Exchange Club luncheon. Lincoln. Knights of Columbus luncheon. SpinkArms. Membership Open Forum luncheon. Chamber of Commerce. Alt.msa Club luncheon, Columbia Club. Optimists Club luncheon. Claypool. Phi Delta Theta luncheon. Chamber of Commerce. Detla Tau Delta luncheon. Board of Trade. Marlon County Rainbow Division Veterans’ Association meeting. Armory 7 p. m. Indiana Statnp Club meeting. Chamber of Commerce, 8 p. m. Tentative approval of transfer of $53,000 of funds in the school budgetmade necessary by the State tax board school tax rate reduction was given today by W. A. Haugh, tax board member and William C. Nusbauni, Indiana Taxpayers’ Association attorney, School Business Director announced. Seventy-five Indiana representatives are attending a school lor oil burner dealers and installation experts this week at the Lincoln under auspices of the Willimas Oil-O-Matic Heating Corporation. R. D. Marshall and B. H. Miles from the company factory, Bloomington, 111., afc in charge. Frank A. Arnold, director of development of the National Broadcasting Association, will speak at the Advertising Club luncheon at the Spink-Arms Thursday on “Commercial Broadcasting—the Fourth Dimension of Advertising.” The College Club Athletic Association’s annual dance will be held Thursday night, Jan. 26, at Kahn's Union Hall, Pratt St. and Capitol Ave. Music will be by the Avalon Terrace Orchestra. \ Marion County Chapter. Rainbow Division Veterans’ Association, will meet at the Armory at 7 p. m. Friday. Members will bowl at the Central Alleys at 830 p. m. George Wright Wells, 15, is missing from his home, 2724 N. Butler Ave., his father, George Wells, told police. Harry E. Jordan, filtration engineer of' the Indianapolis Water Company, will speak on “Mistaken Impressions about Water,” at the Scientech Club luncheon at the Chamber of Commerce Monday. Petition to change the name of the Capitol Overland Company, 447 N. Capitol Ave., automobile firm, to Capitol Motors Company was filed in Circuit Court today. According to the petition, directors have agreed on the change. Dan Bladoue, 18 N. West St., arrested by Sergt. William Eisenhut and squad and Federal dry agents today on Federal lqiuor charges, was released on $2,500 bond by John W. Kern, United States commissioner. RUSSIANS FIGHT EXILE Trotsky and Aids Arbitrate With Stalin; Seek “Easy Banishment.” R;/ United Press . BERLIN, Jan. 12.—Fighting stubbornly against the Soviet government’s order banishing them to remote points of the Russian empire, Leon Trotsky, Karl Radek and Christian Rakovsky, principal opposition leaders, have forced Josif Stalin, head of the government, to enter negotiations with thei#, the United Press learned today. All three oppositionists still are in Moscow, Stalin, it was learned, has begun negotiating in hope that “acceptable places of exile can be found for them.” American Jumps From Steamer Ry United Press LONDON, Jan. 12.—Samuel Lewis, an American believed to be from New York! jumped overboard Wednesday from the cross channel steamer Dieppe to New Haven, EngtaA *. *

CORN DROPS AS OTHER FUTURES REMAIN STEADY t “ —. Yellow Grain Is Unexpectedly Weak; Wheat, Oats Open Shade Higher. Em United Press CHICAGO, Jan. 12.—Corn was unexpectedly weak, but wheat and oats held steady to a shade higher, at today’s opening on the Chicago Board of Trade. Opening figures were wheat % to 14 cent lower; corn and oats both unchanged to Vs cents higher. The board of Trade clearing house announced that the total grain traded in 1927 was 727,000.000 bushed less than in 1926. The tone in wheat continues comparatively strong, but most traders were disposed to go cautiously. A large Canadian surplus and new Argentine and Australian crops still threaten a break in the market. With the Government corn report out of the way and its influence discounted, price movements in this grain probably will be governed largely by weather and country receipts. The market seems to be fundamentally strong. There was no indication of a change in oats today, and prices were expected to follow other grains. Provisions opened weak.

Chicago Grain Table —Jan. 12WHEAT— Prev. High Low. 12:00 close. March 1.29% 1.28% 1.28% 1.28% Mav 1.30% 1.29% 1.30 1.30% July 126 1.25% 1.25% 1.25% CORN— March 88% .87% .88 .88 Mav 91 % ,90% .91 .91% July 93% .92% .92% .93% OATS— March 54% .53% .54 .53% Mav 55% .55% .55% .55% July 52% .52% .52% .52% RYE— March I.oß'j 1.08% 108% 1.03% May 1.03% 108% 1.09 1.09 July 1.03% ... 1.03% 1.04 LARD— January ... 11.90 .... 11.87 11.92 Mav 12.02 .... 12.02 12.22 July 12.20 .... 12.17 12.37 RIBS - January 10.90 May 11.30 [in Times Sprrial CHICAGO. Jan. 12.—Carlots: Wheat, 10; corn. 144; oats. 42; rye. 3.

Produce Markets

Butter (wholesale Drlce) No. 1. 52® 55: No. 2. 48® 49c. Butterfat ibuyinp prices)—so®slc. Eggs—Buying prices: Fresh, delivered at Indianapolis. loss off. 38c per doz. Cheese (wholesale selling prices, per pound’—American loaf. 35®38c; pimento loaf, 38040 c; brick loaf. 350380; Bwiss No. 1. 42‘@44e: imported Swiss. 62c: Wisconsin flat, mild and sharp. 32034 c; prints cream. 38®40c; flat display. 28030 c; Longhorn. 28®29c; New York lilhberger. 4 2<ti 44c. Poultry (buying prices)—Hens. 20®2*c: Leghorn hens. 14® 15c: spring, heavy. 20 ® 22c: Leghorns. 14®. 15c: staggy young, springs. 15® 17c; roosters. 10012 c; Leghorn stags. 10® 12c; turkeys, young toms, 32c; .young hens. 32c: old toms, 22c: old hens. 22c; ducks. 16®19c; geese, 15017 c; young guineas. 50c; old. 35c. Bjl United Press CLEVELAND. Jan. 12.—Butter—Extras in tub lots. .49'*® 51!*c: firsts, 46® 48c; seconds. 42%®44%c; packing stock. 30# 42c. Eggs—Extras. 48c; extra firsts. 45c: firsts. 43c; ordinary. 35c: pullet firsts. 29c. Poultry—Heavv fowls. 28® 29c; medium. 26027 c: Leghorns. 20®>22c; heavy springers. 28® 29c: Leghorn springers. 20c: ducks. 23® 25c: geese, 23®25c; old cocks, 16017 c. Potatoes—Round whites. 150-!b. sacks. New York. $3.25®3.35; Maine. $3.40 ®3.50; Ohios. $3 15: Michigan, *3.2003.25; Wisconsin. $3; 120-lb bags Minnesota, $2.4002.50: 115-lb. bags Idaho russets, $2.600 2.75; Rurals. $2.40® 2.50. Bu United Press NEW YORK. Jan. 12.—Flour Firm, but ouiet. Pork —Firm; mess. $33. Lard --Easier; Midwest spot. $12.400 12.50. Sugar—Raw' dull: spot 96 test, delivered duty paid. 4.58; refined steady; granulated. 5.80 c. Coffee—Rio No. 7 on spot, 14%c: Santos No. 4, 21V*022c. Tallow—Firm; special to extra. B%®#c. Hay—Dull; No. 1. $1.1001.15: No. 3,80090 c; clover. 65c ®sl. Dressed poultry—Firm; turkeys. 25 ® 50c; chickens. 18® 36c; capons. 30® 45c; fowls. 16®30c; ducks. 18023 c: Long Island ducks. 22026 c. Live poultry—Steady to firm: geese. 250 31c; ducks, 160 33c; fowls. 310 36c; turkeys, 30045 c: roosters. 18c; chickens, 25® 35c; capons. 40®45c: broilers. 280 40c. Cheese—Ouiet: State whole milk, fancy to specials, 200 29'-*c. Young Americas. 29® 29%c. Potatoes- Long Islands. $3.500 4.50: Jersey, baskets, 75c® $1; southern, basket. $102.50: Maine. $303.65: Bermuda. ss® 12. Sweets—Jersey, basket. 60c @52.25; southern, barrels, $1®2.50; southern, basket. 75c®51.13. Butter—Easy; receipts. 11.906; creamery extra, 49c: special market. 49'*®50c.. Eggs—Firm; receipts. 16.635; nearby white fancy, 57® 58c: nearby State white, 49®56c; fresh firsts. 50®52c; Pacific coasts. 55®57'/*c; western whites, 54@54c; nearby browns, 56c. Bu United Press CHICAGO. Jan. 12.—Butter Receipts, 5,580; extras, 46c; extra firsts, 44%045c; firsts. 41®43c: seconds, ,38 0 40c; standards. 45V*c. Eggs—Receipts, 3,691: firsts, 42%® 43c: ordinaries. 34@40c; seconds. 28® 32c; extras, 35#35'/*c. Cheese—Twins. 27c; -Young Americas. 28 l /*c. Potatoes—Arrivals. 59; on tracks. 140; In transit. 882; Wisconsin sacked round whites. $1.50 01.65, fancy a shade higher; Minnesota sacked round w'hites. russets and Red River Ohios, $1.4001.55; Michigan sacked rurals. $1.55; Idaho sacked russets No. 1, $1.6501.80; mostly around, $1.75, fancy a shade higher; commercial pack. $1.45®1.55: new potatoes, Florida, bushel crates of bliss triumphs No. 1. [email protected]. Sweet potatoes—sl#3.

NOW Cllftl ICUI’C Twice 2:15 SHOWING CHULIOn O Oai!y 8:15 ENGAGEMENT EXTENDED days re Com. Next Sunday Night at 8:15 The enormous demand for tickets justifies an extension of its local engagement. Positively last matinee and night next Wednesday, Jan. 18. Your last chance in Indianapolis this or next year to see the most stupendous production ever offered in this city.

IfiTftM CECIL B. De MULE’S . f KING’WS Adapted by Jeanie Macpherson

Company’s Own Touring Symphony Orchestra The World’s Greatest All-Star Cast Seats Selling for All Remaining Performances ... . . Gallery , 50c. Balcony, u . Gallery, 60c. Entire Bal.. 75c. N IghtS l.oweJ'rioor, 0 *1.65. MatS.Lower Floor, sl.lO, Including Tax

The World's Most Adorable Comedienne THUR. FRI.-SAT. B PRICES JAN. IJI-20-2I WMM fl fl B f B NITE, sl.lO TO $3.30 MAT. SAT. BVBB B AlB MAT. 50c TO $2.75 Mail Orders Now MADCAP" Seats Monday

Harry Garman Advanced by City Trust Company

Made Vice President; Other Officers Are Re-Elected by Stockholders. Other officers and directors of the City Trust Company were re-elect-cd and Harry O. Garman, director since 1917, was named vice president, at the annual meeting of stockholders. Garman. a utility engineer with offices in the K. of P. Bldg., served as public service commission chief engineer under five Governors. Before that he was professor of civil engineering at Purdue University for ten years. Re-elected officers are: Dick Miller, president; Dwight A. Murphy, vice president and secretary; H. J. Barnard, vice president; C. Milton Kelly, vice president ind treasurer; 'Ernest W. Davy, assistant treasury; K. E. Smith, assistant secretary, and Justin Forsyth, auditor. Directors arc: Miller, Murphy, Kelly, Garman, Barnard, Arthur B. Ayres, William F. Fox, Sr.; Alfred Henry,'James M. Ogden. J. Dwight Peterson, Earl H. Richardson, John T. Van Zant. Officers and directors of the'City Securities Corporation, ait affiliated company, also were re-elected.

CONGRESS

Bu United Press Senate Debates McMaster tariff reduction resolution. Interstate Commerce committee continues on railroad consolidation bill. Irrigation committee hAlds hearing on pending bills. Naval affairs committee holds hearing on resolution to investigate S-4 submarine disaster. House Takes up interior department appropriation bill. Naval affairs committee hears Secretary of Navy Wilbur on naval building program. Postofficc committee holds hearing on air mail bills. Flood control committee continues hearings. Immigration committee considers deportation bill.

Marriage Licenses Joseph Heigl. 24, Pendleton. Ind.. Inspector. and Naomi Gardner. 19. of 421 E. New York, housekeeper. Robert Akers. 22. of 46 Cold Spring Rd.. laborer, and Helen Campbell, 18. of 2407 Massachusetts. Thomas Budrech. 31. Ft. Harrison, soldier. and Man- Fischer. 26, of 413 N. New Jersey, housekeeper. Cecil. Valentine. 22. of 404 W. Walnut, porter, and Junita Jeff rise. 17, of 39 W. Pratt. William Long, 22. Danville. Ind.. farmer, and Marguerite Pope. 18. of 716 N. Capitol. housekeeper. Frank Patterson. 28. of 948 W. North. S acker, and Daisy Johnson, 20, of 948 W. lorth. housekeeper. Births Boys Fred and Luvinia Roame, 527 Ogden. George and Elizazbeth Fields, 221 N. Sheffield. Lewis and Mildred Grabborn, 1024 N. Tuxedo. Russell and Dorothy Huston, 1602 N. Arsenal. Harold and Ruth Cook. St. Vincent's Hospital. Fred and Margaret Roesingcr, St. Vincent's Hospital. George and Irene Gilliland. 1330 Chocolate. Louis and Iva Tracy. 1411 Nordvke. • William and Mary Davis, 1462 W. Thir-ty-Third. George and Ruth Ollnlck, 1441 E. FiftySecond. Girls Miles and Helen Noggle. 1027 Elm. Paul and Hilda Johnson, 1902 Zwingler. John and Constance Burford, Bt. Vincent’s Hospital. Elmer and Marguerite Steffen, St. Vincent's Hospital. Stephen and Gladyi Dungan, Bt. Vincent’s Hospital. Frank and Margaret McAvoy. St. Vincent's Hospital. Pat and Mary Mattingly. 2232 N. Station. Wilbur and Ruth Brown, 921 N. Tacoma. Deaths Emma Alien, 70, 2335 Boulevard PI., arteriosclerosis. Lillie A. Perkinson, 81. 517 Concord, cerebral hemorrhage. William Randolph, 76, city hospital, xhronic nephritis. Wilbur Jones, 22, city hospital, lobar pneumonia. Richard B. Rudy, 76. 833 Park, acute cardiac dilatation. Frank Carter. 52, St. Vincent’s Hospital, broncho pneumonia. Wilbur J. Keeney, 35, St. Vincent’s Hospital. carcinoma. Albert Haley, 26, 535 Agnes, pulmonary tuberculosis. Ida M. Martin, 59. 428 E. Michigan, pneumonia. Margaret A. 'Camden, 78. 311 E. North, carcinoma. Mary Halllnin, 79, 421 Prospect, cerebral hemorrhage. William Clarence Jones, 4 mo., 641 Russell. broncho pneumonia. Joe Ann Cox. 1 mo., Coleman Hospital, inanition. Julia E. Arnold. 76. 2218 Broadway, chronic cardio renal disease. David C. Callahan. 39, Christian Hospital. chronic appendicitis.

AMUSEMENTS

Harry O. Garman

EDISON PLANS WINTER IN RUBBER RESEARCH Wizard Leaves in Private Car for Florida Home. Cn United Press / NEWARK, N. J., Jan. 12. Thomas A. Edison left here today in his private car for his winter home in Ft. Meyer, Fla. It will be his forty-fourth annual trip to the southern State. Asked how .he would amuse himself in Florida this winter, the famous inventor replied: “Rubber. My research probably will lead to an important announcement soon.” Henry Ford and perhaps Harvey Firestone, two close friends of Edison, will join him there later, he said. “If Henry doesn’t stop working so hard, he’ll be laid up for a long time,” the electric wizard observed. “He's so thin now you can read a newspaper through him.”

AMUSEMENTS BEN BARTON and His Orchestra FLORETTY TRIO GILROY, COLE & HAINES DOTSON DIANA BONNAR COMPANY EXTRA APIIEI* FEATURE ROGERS AND DONNELLY Prcsyitlng -THE COUNT” Daily Pipe Oriran Recital by Ruth -Noller, starts 12:40 Noon. IVFBH Broadcasting. Doors open 12:30 o'clock.

Kelth'S

The Greatest Show in Town NOW PLAYING BILLY HOUSE & CO. ASHLEY PAIGE RUBIO SISTERS MARCUS SIS. & CARLTON BROS. OLIVE OLSEN veraTreynolds IN “ALMOST HUMAN” NEW PRICES—NEW POLICY CONTINUOUS—I TO II

aa lIP* M SB* TOMTF, MURAT ■jfe.'ss? Return by Popular Demand Mil m€W®M* tiff SAME GREAT COMPANY i Seats Now Selling Prices “'ZZ'&Zr* 50c to sl.lOl

MUTUAL— — BURLESQUE. THEATRE Red Hot Norma Noel WITH The Girls of the U. S. A. AND GEO. CARROL MOTIONPICTLRES

JOHN GILBERT in “ST. ELMO” •• * * Mack Senett Comedy. Fox News, Benny Benson, Ray Wlnings, Emil Seidel's Apollo Merrymakers. j STARTING SATURDAY 1 MARION DAVIES IN I “QUAI.ITY STREET.’* I

OHIO;,

SALLY O’NEIL. OWEN MOORE In “BECKY” BOBBY VERNON COMEDY, “WEDDING WOWS.” CONNIE and his BAND —Jlim mle Hatton, Soloist.

Tonight! THE LITTLE THEATRE January 12, 13, 14, 20, 21 At the Little Theatre Playhouse (Nineteenth and Alabama) “Androcles and the Lion,” by George Bernard Shaw, also a oneact drama entitled “Judge Lynch,” by John William Rogers, Jr. OPEN TO THE PUBLIC Seats Reserved—T4. Talbot 6159 Tickets $1.50

JAN. 12, 192S

TELLS OFJADIO ADS Newspapers Best Medium. Club Hears. ‘‘Commercial broadcasting is the fourth dimension of advertising.’’ Director Frank A. Arnold of the National Broadcasting Company told members of the Indianapolis Advertising Club at luncheon today at the Spink-Arms. “The first great medium is the newspapers,” he said. “Second the magazine; third, billboards, and now the fourth and most recently used in broadcasting. “The circulation of radio broadcasting is limited only by the number of receiving sets. There are now 6,0000,000 United States homes so equipped and they average five listeners to each set. “Rightly used broadcasting can be made one of the most important and far reaching agencies in use by the national advertiser. As t'me goes on, its value in coordinating other forms of advertising and making them more effective will be Increasingly appreciated.”

MOTION PICTURES ,

INDIANA JACK MULHALL DOROTHY MACKAILL ‘‘MAN CRAZY” A THRILLING COMEDY ROMANCE CHARLIE DAVIS AND INDIANA BAND “MARCHIM’ ON” RUDY WIEDOEFT WORLD'S GREATEST SAXOPHONIST LOMAS TROUPE CHIEF EAGLEFEATHER MANN & CRAIG PAUL OSCARDS INDIANA GIRLS M A U RICE News—Novelty

Circle the show place of Indiana

"Circle the show place of Indiana

LON CHANEY The man of a thousand faces in 44 London After Midnight” A baffling, chilling mysteryChaney at his best with CONRAD NAGEL, Muccline Day, Henry Walthall and others On the stage BABY DOROTHY JOHNSON Youngest Saxophone Virtuoso Novelty Overture “ORGAN versus ORCHESTRA” DESSABYRD EDDIE RESENER with Luella Feiertag and Irving Gielow You’ll be surprised l Vita phone presents Walter Weems la "The Two Doves” “The Serpentine" with Ballet of 25 Collegians Scenic Fable News

AMUSEMENTS