Indianapolis Times, Volume 39, Number 240, Indianapolis, Marion County, 14 February 1928 — Page 12

PAGE 12

MOST ISSUES OPEN STRONG ON EXCHANGE U. S. Steel and General Motors Open Fractionally Higher; Rails Mixed.

Average Stock Prices

Average of twenty industrials Saturday was 199.18. up .14. Average of twenty rails was 134.91, up .88. Average of forty bonds was 99.40, up .05. By United Press NEW YORK, Feb. 14.—The majority of issues opened strong on the stock exchange today, but irregularity cropped out in the early dealings with trading moderately active. U. S. Steel opened with a gain of s 4 at 145% and held around this level while General Motors after opening with a gain of VA at 138% eased fractionally form its initial price. Gold Dust stood out as the feature of the special issues advancing to 103%. Rails Mixed Rails were mixed with Kansas City, Southern up 2 points at 56% and Chicago, Milwaukee & St. Paul off 'A at 16%. ** Oil issues were subjected to pressure, Philips Pete selling off % at 37%. Amusements were active. Pathe A spurted more than a point while Loews held a small gain made at the outset. Describing the market, the Wall Street Journal’s financial review today said: “Prices opened midly and mixed. Packing shares again occupied the center of attention. American Smelting and Refining was firm, leading a stronger metal group, while the rubbers were heavy and the steels featureless. American Wool preferred opened at anew high on the present movement. “While advices from Boston are not too bullish on the woolen situation, there is a decided better feeling in the trade here.” Continues Strong While the market continued strong through the late forenoon activity was centered largely on certain groups and specialties. Paramount Famous ran up several points on buying by Chicago interests. • Paramount Famous pays $8 annually, together with extras, and at present levels returns an unusually high yield. The company for some years has issued new stock each year for expansion of its operations, and the steady increase in the Stock supply has acted as a brake marketwise. However, it is understood that there .3 no intention of adding to the capital for expansion in the near future.

Banks and Exchange

T NDIANAPOLIS STATEMENT Local ban); clearings today were $3,172,090. Debits were $7,583,000. CHICAGO STATEMENT By United Press CHICAGO, Feb. 14.—Bank clearings today were $127,200,000. Clearing house balance was $12,900,000. NEW YORK STATEMENT By United Press NEW YORK. Feb. 14.—Bank claerings, '■396.000,000; clearing house balance $128,oco.ooo. FOREIGN EXCHANGE By United Press NEW YORK. Feb. 14.—tforaign exchange opened steady. Demand s;erling, $4.87; Irancs, 3.92%c, off .00%; lira, 5.29%c. TREASURY STATEMENT By United Press WASHINGTON. Feb 14.—The treasury ■ -t balance for Feb. 11 was $80,518,815.89. ustoms receipts this month to Feb. 11, -re $16,942,551.35.

In the Stock Market

By Thomson & McKinnon NEW YORK, Feb. 14.—The market today may be influenced more I'/ the rains in the West and the emsus figures for January con- . imption than underlying and more , •'.sting influences. We do not think real change in the character of ihe market is apt to occur. Subject {-> natural reactions, prices look higher. So far as values are concerned we think 85 percent, pos- ;■ bly a bigger percentage, of our total stock list are already at super , prosperity prices. In the mean--1 ; me let us not forget that last Saturday we had a poor bank statement that may have some effect today. IRA HOLMES SEEKS TO SHIFT AUTO CONTRACTS 'layor Aspirant Wants to Rid Self of Tow-in-Business. Ira M. Holmes, Republican, declared mayor by resolution of the councilman today asked the Slack administration board of safety to permit transfer of a police “tow-in” and auto storage contract he holds. Holmes, owner of the Market Street Garage, received the contract Nov. 8, the day Slack was elected mayor. Holmes could not become mayor and continue holding the contract without violating criminal law, it is said. Holmes’ request to transfer his part of the contract to Charles Roesner, Central Transfer and Storage Company, was taken under advisement by the board. A legal opinion was sought. Slack did not approve the contract when he became mayor. PROBE BUILDING FIRE Incendiarism Suspected by Fire Marshal in Monday Blaze. The arson division of the State fire marshal’s oflice today was to investigate a fire, believed to be of incendiary origin, which caused SIOO damage Monday night to a building occupied by the Advance Advertising Company, 2719 Cornell Ave. Firemen reported that the blaze originated in a pile or rubbish, saturated with kerosene, in the middle of a workroom. The back door was found wide open.

New York Stocks

"(By Thomson & McKinnon)"

—Feb. 14— Railroads— Prey. High. Low. 12:00 close. Atchison 186% ... 186'/g 186% Atl Coast Line... 177 ... 177 176% Balt & Ohio 111% ... 111% 111% Canadian Pac ..204 ... 203% 204% Chesa & Ohio ..192% ... 192% 193 Chi & A1t0n.... 5% ... 5 7 / 5% Chi & N West.. 82 81% 82 81% Chi Grt West 10% C R I & P 109 108% 109 108% Del & Hudson. .165% 165% 165% 165% Del & Lacka 131% Erie 52% ... 52% 52% Erie Ist pfd ... 56 ... 56 57 Grt Nor pfd 85 ... 95 95% 111 Central 136% ... 136% 136% Lehigh Valiev 87% Kan City South 56% 55% 55% 54% Lou & Nash 148% ... 148% 148% MK & T 36% ... 35% 36% Mo Pac pfd 109 N Y Central 159 158% 159 159 N Y C & St L 133 N Y N H & H 64% 63% 63% 64% Nor Pacific 95 ... 95 94% Norfolk & West 183 V* Pere Marquette .127'% ... 127% 126% Pennsylvania ... 63% ... 63% 63% P &W Va 129 Vs Reading 97>/ ... 97% 97% Southern Ry 144 143% 144 144% Southern Pac ..119% ... 119% 119% St Paul 16% ... 16% 17 St Paul pfd 31% 31 Vi 31% 31% St L& S W 71% ... 71% 71% St L &S F 112 Vi ... 112 111% Texas & Pac lis Union Pacific ...194 ... 192% 192% West Maryland.. 38% 37% 38 37% Wabash ........ 56Vi ... 56% 56% Wabash pfd 91 /, Rubbers— Ajax n% ... 11% 11% Fisk 15% ... 15*4 16 Goodrich 89 Va 88 Vi 88% 89 Goodyear 66 ... 65 66% Kelly-Spgfd .... 22Vi ... 22% 21 Lee 19 ... 19 ig United States... 53% 53% 53% 54 Equipments— Am Car & Fdy.,107% ... 107% 108 Am locomotive .109% ... 109 Va 110% Am Steel Fd.... 61% 61% 61Vi 61 Baldwin Loco .. .. ... ... 248 General Elec ...131 "... 130% 130% Gen Ry Signal.. .113 112% 112% 111% Lima Loco 68 ... 58 58 N Y Air Brake 48 47% 47% 48 s ,i Pressed Stl Car ... 24% Pullman 83Va 83% 83% 83% Westingh Air 3 54 ... 53% 53(2 Westingh Elec .. 98 97 Vi 97% 86% Steels— Bethlehem 61% 60% 61% 60 Colorado Fuel .. 78% 78% 78% 78% Crucible 89 Vi Gulf States Stl. 55% ... 55% 55 Inland Steel ... 57% ... 57 57% Phil RC & 1 32% 32Vi 32% 32 Rep Iron & Stl 64 Sloss-Sheff 131 U S Steel 146% 145 146% 145% Alloy 31 ... 31 30% Youngstwn Stl.. 98% 98Vi 98% 98% Vanadium Corp. 83% 82 83 82% Motors— Am Bosch Mag.. 18% ... 18% 18% Chandler 16 Chrysler Corp .. 60% 60% 60% 60% Conti Motors .. 10% 60% 10% 10% Dodge Bros .... 19% ... 19% 19% Gabriel Snbbrs .22% ... 22 22 General Motors.. 138% 137% 138'% 137% Hudson 85 84% 84% 84 VI Hupp 37% 37% 37% 37% Jordan 9% ... 9% 9% Mack Trucks ..101 Vs ... 100% 100% Martin-Parry ... 12% ... 12% 12% Moon 6% ... 6% 6 1 ' Motor Wheel .. 26 ... 26 25% Nash 86% 86% 86% 86Vs Packard 59% ... 59% 59% Peerless 17% Pierce Arrow .. 12% ... 12Vi 12% Studebaker Cor 65 % 64% 65 64% Stew Warner.. 82% 81Vi 81% 82% Stromberg Carb ... 50 Timken Bear ...122 ... 121% 122 Willys-Overland 18% ... 18% 18% Yellow Coach .. 31% 30% 31 31% White Motor 31% ... 31% 31% Minin? — Am Smlt & Rfg. 182 Vi 181% 181% 181% Anaconda Cop.. 59 58% 58% 57% Calumet & Ariz 102% 102 102% 101 , Cerro de Pasco ... 65% Chile Copper .. 41 40% 41 41 Greene Can Cop 136% 134% 136 134% Inspiration Cop. 20 ... 19% 19% Int Nickel .... 93% 92% 92% 94 Kcnnecott Cop.. 86% ... 86 86% Magma Cop .... 50% ... 50% 50% Miami Cooper .. 19% 19% 19% 19% Texas Gulf Sul.. 73Vi 72% 73 72% U S Smelt 42 ... 42 42% Oils— Atlantic Rfg 101 ... 100 Vi 101 Cal Petrol .... 25 ... 25 25% Freport-Texas .. 85% 83% 84Vi 84% Houston Oil ..- 135% 133 135% 133% Indp Oil & Gas 24% 24% 24 7 24% Marland Oil ... 34% 33% 33% 34% Mid Cont Petrol 26% ... 26% 26% Lago OH & Tr 31% Pan-Am Pet I? 40% 40% 40% 40% Phillips PetrolT. 38 36% 36% 38% Pro & Rfgrs ..22 ... 31% 22 Union of Cal . 43% ... 43% 42% Pure Oil 20% 20% 20% 30% Royal Du.ch .. 46% ... 46% 46 Shell 24% ... 24 Vi 24% Simms Petrol .. 19Vi 19% 19% 19% Sinclair Oil .... 18% ... 18% 18% Shelly Oil 26% 26 26% 26 Std OH Cal 54% ... 54% 54% Std Oil N J ... 38% ... 38% 38% Std Oil N Y 29% 29% 29 29% Texas Corp .... 52% ... 51% 51 Vi Transcontl 7% ... 7% 7% White Eagle 21 Vi Industrials— Adv Rumely ... 14 ... 14 14 Allis Chalmers.. 122 ... 122 120>,i Allied Chemical 153% 152% 153 153% Armour A 16% ... 15% 15% Amur Can 81% 81 81% 81 Am Hide Lea 12 Vi Am H L pfd 58% Am Linseed .... 73% ... 73% 73% Am Safety Raz ... 57 Am Ice 32% ... 32% 32% Am Wool 23% ... 23% 33% Coca Cola 135 Vi ... 135V* 135 Conti Can 90% 90 90% 89 Vi Congoleum .... 24% 24% 24% 24% Davison Chem.. 40 39 40 39 Dupont 329 Vi ... 328 327 Famous Players 117% ... 116% 117’% Gen Asphalt ... 76 ‘... 75% 76% Int Bus Mch .. 139 138% 139 139’% Int Cm Engr... 51% 50% 51% 50% Int Paper 76% 75% 76% 76 Int Harvester . 236% ... 236 235% Lambert 85 Loews 62% 61% 62 61% May Stores 81 Montgom Ward 144% 143% 144 143% Natl Lead 131% ... 131% 131 Pittsburg Coal 48 Vi Owens Bottle 77V< Radio Corp ..... 95% 94% 94% 85% Real Silk 25% ... 25% 26 Rem Rand 28% ... 28 28% Sears Roebuck.. 90V* ... 90 89% Union Carbide ..139% 138% 138% 139’ United Drug 198V* 197% 198% 197% Univ Pipe 24% ... 24% 24 U S ‘Cs Ir Pipe 208 Vi U S Indus Alco.. 115% 115 115% 115% Worthington Pu 28% Woolworth Cos ..182% ... 182% 183% Am Tel & Tel... 178% 178% 178% 178% Am Express 185 Am Wat Wks... 58 ... 57% 57% Brklyn-Manh T. 59% 57% 58% 56% Col G & E 93 ... 93 92% Consol Gas 136% 135% 136 135% Elec POw & Lt.. 33Vi 32% 33 32Vi Interboro 35% ... 35% 35 Nor Am C 0.... 61 Vs 61 61 60% Man Elec Ry.... 43 ... 43 41% Peoples Gas ....180% 180 180 163 Phila Cos 163 Std Gas & E 1... 62% ... 61% 62 Utilities Power.. 29% ... 29% 29% West Union Tel 169 Shipping— Am Inti Corp... 81% ... 81% 81 Am Ship & Com 4 Atl Gulf & W I 41% Inti Mer M pfd 37 ... 36% 41% United Fruit 136% 136% 136% 137% Foods— Am Sug Rfg.... 59 57 59 66% Am Beet Sugar 16% Austin Nichols ... 4% Beechnut Pkg... 80Vs ... 80 80% California Pkg.. 74% ... 74% 80% Corn Products.. 67% ... 67% 67% Cuba Cane Su p 25 ... 25 25 Cuban Am Sug 20% Fleischmann Cos 71% ... 70% 71 Jewel Tea 86% Jones Bros Tea 33% Natl Biscuit 173 172% 173 172% Punta Alegre 30 Postum Cos 124% 124% 124% 124 Ward Baking B 27 Am Sumatra.... 56% 56 56% 55% Am Tobacco 163% ... 163% 164% Am Tob B 164 ... 164 164 Con Cigars 82% 81% 81% 82 General Cigar 71 Ltg & Meyers 112% Lorillard 37% 37Vi 37% 37% R J Reynolds 153 152% 153 152V* Tob Products B. .113 111 113 110% United Cigar St 32Vi Schulte Ret Strs 52% ... 52Vi 51%

Local Wagon Wheat

Local grain elevators are paying $1.39 for No. 2 red wheat. Other grades are purchased on their merits. HOLdTTn _7 ALKY’ case Pair Arrested When About to Deliver a Quart. Sam Lee and Shelby Ward, 2048 S. Meridian St., arrested Monday evening on Federal liquor charges by Prohibition Agent Harry L. Bendel and Police Officer Charles O’Donnell, today were held to the Federal grand jury by Fae W. Patrick, United States commissioner. They were arrested as they were about to deliver a quart of alcohol at 938 E. Maryland St„ and had twenty-three quarts in the car, officers said. Bond and Lee, who was fined SSOO on a Federal liquor transportation charge Feb. 12, was set at $5,000, and that of Ward at $2,500.

HOG PRICES GQ UP WITH MORE MATERIAL HERE Porkers Regain Losses of Monday; Calves Come Back in Advance. —Hog Price Range— Feb. Bulk. Top. Receipts. 7. 8.35® 8.50 8.50 8,000 8. 8.40® 8 75 8.75 7.000 9 8.50® 8.85 8.85 5,500 10. 8.404/1 8.75 8.75 13,000 11. 8.35® 8.75 8.75 7.500 13. 8.25® 8.65 8.65 5,500 14. 8.35® 8.75 8.75 6.500 The hog market was unevenly steady to 15 cents higher at the local yards today and receipts were higher. The top stood at $8.75. About 9,500 fresh animals were estimated to be In the pens and there were 342 holdovers. Calves regained the 50-cent loss of Monday and other livestock was steady. Receipts were high. The Chicago market opened slow with the few early sales and bids around steady with Monday’s best, usually asking around 10 cents higher. The top was $8.40. About 45,000 animals were received. Hog Price Range Heavy meat animals sold at sß@ 8.35, up 10 to 25 cents, and material weighing 200-250 pounds was $8.35® 6.60, 10 to 15 cents higher. The top advanced 10 cents in the 160-200-pound class, which brought $8.50®8.75. Light lights, 130® 160 pounds, went at unchanged prices, $8®8.50, and pigs sold 25 cents higher on the top at $6.50®8. Packing sows were unchanged at $6.50® 7.25. The cattle market was steady with the exception of beef steers, which brought $10.50® 14.50, up 50 cents on the top. The market generally leaned downward, although prices were unchanged. Beef cows were s7® 10; low cutter and cutter cows, $5.50® 6.75, and bulk stock and feeder steers, $7.50®9. About 1,600 animals were received. Calves Up Best vealers were selling at $lB, the year’s high price reached last Wednesday. Material in this class ranged from $16.50 up. Heavy calves were unchanged at $6.50® 10.50. About 900 animals were in the pens. The sheep and lamb market was about steady with 900 head brought to the yards. The top was quotable at sl6 and bulk fat lambs sold at $14.50®15.50, a more narrow range. Bulk fat lambs were unchanged at $7.50® 11.50 as were fat ewes at $6.50® 9. —Hogs— Receipts, 9,500; market lower. 250-350 lbs SB.OO 835 200-250 lbs 8.351, 8.60 J6O-200 lbs 8.50® 8.75 '2O-160 lbs 8.004,1 8.50 90-130 lbs 6.50® 8.00 Packing sows 6.50® 7.25 —Cattle— Receipts. 1,600; market steady. Beef steers $10.504,14.50 Beef cows 7 004,10.00 Lew cutters and cutter cows.. 5.504, 675 Bulk stocker and feeder steers. 7.504/ 9.00 1 —Calves—- _ n Receipts, 900; market higher. Best vealers $16.50018.00 Heavy calves 6.50® 10.50 —Sheep and Lambs— Receipts. 900; market steady. Top fat lambs sl6 60 Bi lk fat lambs 14.504, 15.50 Bulk cull lambs 7.50® 11 50 Fat ewes 6.50@ 9.00 Other Livestock By Times Special „ LOUISVILLE. Feb. 14.—Hogs—Receipts, 700; market, 15c higher; 250 lbs. up. $7.90-175-250 lbs., $8.50; 130-175 lbs.. $170: 136 lbs. down. $6 15; roughs. $6.35; stags. $5.60. Cattle—Receipts. 200; market. steady. Calves—Receipts. 200; market, steady, good to choice, $134,15; medium to good. sll4i> 13; outs, sll down. Sheep—Receipts, 50market. steady; top lambs, $134,13.50; seconds, sßfa 10: sheep, s4fa7 Monday’s shipments—Cattle, 399; calves, 672; hogs, 331; sheep, none. By United Press PITTSBURGH. Feb. 14.—Hogs Receipts. 750; market steady to 10c up- 250350 lbs., $8.25®8.75; 200-250 lbs.. $8,654,' 9.15; 160-200 lbs., $9®9.15; 130-160 lbs*. $8.25®9.15; 90-130 lbs.. $7.5008: packing sows. $7®7.35. Cattle—Receipts. 25: calves, receipts 50; market steady; beef steers. *11.754,-14.25: vealers, $15..50® 17.50 Sheer,—Receipts. 250; market 25®35c up ; top fat lambs. $16.35; bulk fat lambs, *l6® 16.35; bulk cull lambs, sl2® 14. By United Press EAST BUFFALO. Feb. 14.—Hogs Receipts. 1,200; holdovers. i,229: market strong to 15c up; 250-350 lbs., $8.1508.85; 200-250 lbs.. $8.6509.10: 160-200 lbs., *9® 9.45; 130-160 lbs.. $8,354/9.10; 90-130 lbs., $7,754/8.35; packing sows, $74,7.50. Cattle —Receipts, 50; calves, receipts 50: market strong, calves steady; low cutter and cutter cows. *4.254,6.25; vealers, $17.50® 18. Sheep—Receipts. 700; market strong: top fat lambs. $16.40; bulk fat lambs. $16.25® 16.40: bulk cull lambs, $12@14; bulk fat ewes, sß® 9. QUERIES ‘QUEER’ QUERY Cops’ Questions Canse Youth to Involve Pal in Burglaries. When detectives queried Glenn Taylor, 18, of 1139 Shelby St., regarding $25 alleged to have been stolen from William Edward Query, 21, of 1142 Prospect St., it “queered” things for Query. For Taylor, detectives said, related a series of petty burglaries in the neighborhood of Fountain Square. As he related the last of the series he said, “and I was accompanied on this job by William Edward Query.” Both Taylor and Query were bound over to the grand jury on $1,500 bonds today and face burglary charges. Tenant Sought on Theft Charge Mrs. E. H. Derrick, 3905 Byram Ave., who rented her home furnished last September, today asked police to locate her former tenant. When she returned home Monday after a five months visit, she found the tenant had departed and taken furniture and household goods valued at S3OO.

VALENTINES ‘SPEEDED UP’ WITH MODERN SYMBOLS

BY BETTY HEFFERNAN WITH jazzy music and the spontaneous gaiety of the modem man and maid, Valentines, In order today, seem to have speeded up and adopted modem symbols to represent the state of affections of the heart. No more does the lovesick man or maid send sugary Valentines in which heart and part lanquishingly rhyme. The young modern prefers to send a little message with no more subtlety than “I’d rather run a home than a typewriter,” for the trim business girl, or “You’re the grandest babe

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1, 49® 50c; No. 2, 47®48c lb. Butterfat (buying price)—46®47c lb. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 25@26c doz. Cheese (wholesale selling prices, per pound!—American loaf, 35®38c; pimento loaf. 38®40c: brick loaf, 35@38c; Swiss No. 1. 42®44c; Imported Swiss, 52c; Wisconsin flat, mild and sharp, 32@34c; print cream. 38®48c: flat display, 28@30c; Longhorn, 28@29c; New York llmberger. 42® 44c. Poultry (buying prices)—Hens, 22@23c; Leghorn hens, 16® 18c; springs. No. 1 soft meated, 204,22 c: Leghorns, 13® 16c: staggy young springs, 13® 15c; roosters, 10® 12e; Leghorn stags. 10®12c; capons, 8 lbs. and over, 30®32c; 7 to 8 lbs., 29@30c: 6 to 7 lbs., 25®27c; under 6 lbs. and slits. 22® 25c; turkeys, young toms. 32c- young bens, 32c; old toms, 23c; old hens, 22c: ducks. 15 @l7c; geese, 13®14c; young guineas, 40c; old, 35c. By United Press CLEVELAND. Feb. 14—Butter—Extras in tub lots, 48@50c; firsts, 44%®46Vic; seconds, 41%®,43%c; packing stock, 30® 32c. Eggs—Extras, 35c; extra firsts. 34c; firsts, 32c; ordinary, 31c. Poultry—Heavy: fowls. 28®30c; medium. 37@28c t Leghorns, 21® 23c; ducks, 23® 25c; geese, 21® 23c; ol dcocks, 16®18c. Fotatoes—Round whites, 150 lb. sacks. New York, *3.25®3.35; Maine. $3.604/3.75; Ohio, $2.8503; Michigan, *3.10 ®3 15; Wisconsin. $2.85®3; 120-lb. bags. Minnesota, $2.40©2.50; Maine Greene Mountain, $34/3.25; Idaho rurals, $2.35® 2.60: 100-lb. sacks bakers. $3: homegrown bushels, $1.35®1.40; Florida rose. *2.25® 2.50; Texas triumphs, 100-lb. sacks, $4.75 ®5. By United Press NEW YORK, Feb. 14.—Flour—Dull and unchanged. Pork—Dull; mess. $30.25. Lard—Steady; midwest spot, *11.45® 11.55. Sugar—Raw. dull; spot 96 test, delivered duty paid. 4.24; refined quiet: granulated. 5.70. Coffee—Rio No. 7 on spot. 15c; Santos No. 4 21%®22%c. Tallow—quiet; special to extra. 8%®8%c. Hay—Easy; No. 1, $1.05: No. 3 75®90c: clover. 65c® *l. Dressed poultry—Dull; turkeys, 30® 48c: chickens, 18@37c; capons, 30®48c; fowls. 18®32c; ducks. 18®22c: ducks. Long Island, 20® 24c. Live poultry—Quiet; geese. 14®26c; ducks. 16®30c: fowls, 2® 27c: turkeys. 25® 50c: roosters. 18c; chickens, 283036 c: capons. 30@50c; broilers. 42®48c. Cheese—Steady: state whole milk, fancy to specials, 29®29%c; young Americas. 29@29%c. Potatoes Long Island. *2.25®5.10: Jersey, basket, 75c**l: southern, crate. *2®2.25; Maine, $3.25<®4.25: Bermuda, $34?9. Sweet potatoes—Jersey. basket. 60c®52.58. Butter— Quiet; receipts. 6.113; creamery extras. 46c; special market 46%®47c. Eggs • Steady; receipts 9,658: nearbv white fancy. 420 43c; nearby State whites, 38®41c; fresh firsts. 34@35c: Pacific coasts. 37%@ 42c: western whites, 38®„38%c; nearby browns, 38®41c. BUILDING YEAR SEEN 1928 Construction to Surpass Last Year. By Times Special NEW YORK, Feb. 14.—Buildings in the United States today have a total value of $180,370,000,000, according to statistics just compiled by the Copper and Brass Research Association in its annual survey of the building industry. Construction in 1928 will total almost $10,000,000,000, according to the association. This estimate includes new building and repairs and maintenance of existing structures. Expenditures in 1927 on the same basis approximated $9,775,000,000. Central States including Indiana, Michigan, Illinois, Wisconsin, lowa, Missouri, Nebraska and Kansas will have 23.7 per cent of the estimated $9,690,000,000 building for the year, according to the survey. New construction in this district will total $1,320,000,000 and repairs, $980,000,000, the estimate says.

Commission Row

PRICE TO RETAILERS FRUITS Appl?s—Fancy barrel apples, seasonable varieties, $8 504/9; barrel apples, $7. 4(8: fancy basket apples, seasonable varieties, *2.254/3.25 for 40 lbs.: choice box apples, seasonable varieties, $3.25®4.75. Cranberries—*7.so quarter barrel. Grapefruit—Florida. $44/5.50 crate. Grapes—California Emperors. $6 keg; California Malagas. $8 per keg. Kumquats—Florida, 20c quart. Lemons—California, *6.504/8 crate. Limes—Jamaica. *3 per 100 Oranges—California navels, $4®5.50 crate; Florida, $4®5.75 crate. Pears—Washington D’Anjous, *6.50 box. Washington D'AnJous, $6.50 per box. Strawberries—Florta, 85c quart. Tangerines—Florida, $3.75®4 25 crate. VEGETABLES Artichokes—California, *1.75 dozen. Beans—Southern, $8 hamper. Beets —$1.25 bu. Brussels sprouts—3oc lb. Cabbage—H. G., l%@2c lb.; Texas, 4c lb.: red. 4c lb. Carrots—sl bu. Cauliflower —California. [email protected] crate. Celery—California. *6. 8, 9 and 10-doz. crates; Florida. $3 per crate. Celery cabbage—s 2 doz. bunches. Cucumbers—lndiana hothouse, *3 for box of 1 doz. Eggplant—H. G.. $2 doz. Endive—sl.so doz. bunches. Kale—s2.7s bbl. leek—soc bunch. Lettuce —Arizona, head. *443,4.30 per crate; hothouse leaf, SI.BO. 15 lbs. Mushrooms—sl.7s, 3 lbs. Onions—Spanish. $2.75@S crate; Indiana yellow, $2.75 100-lb. bag; Indiana yellow or red, $2.50 cwt. . Oysterplant—4sc doz. Bunches. Parsley—6oc per doz. bunches: Southern, 90c. Parsnips—sl.so bu. Peas—California telephone, $7 hamper. Peppers—Florida mangoes, $6.50 crate. Potatoes—Michigan white. $2.90@3. 150 lbs.: Minnesota Russets. $2.60 120 lbs.; Minnesota Red River Ohtos. $2.40, 120 lbs.: Idahos, $2.75 cwt; Texas Triumphs, $3 per hamper. Radishes —Hothouse buttons, 75c dozen bunches. Rutabagas—Canadian, $1 75 per cwt. Shallots—Bsc doz. bunches. Spinach—Texas, $1.65 bu. Sweet Potatoes diums, $2 bu.; Indiana Jerseys. $3.25 bu.; Nancy Hall ,$1.60 hamper. Tomatoes—California. ss@6, 6-basket crate; Cuban, $3.50® 4.50 crate. MISCELLANEOUS Cider—s4.so. 6-gal. case: $4.75 doz. %- gal. Jars. Cocoanuts—s6 per 100. Garlic—2oc per lb. Oysters—Standards. *2.50 gal. Sauerkraut—sl2.so. 45-gal. bbl. By United Press CHICAGO, Feb. 14.—Green Fruits; Apples, sß® 12 per barrel; cranberries, sl4® 16 per box. SAVED FROM SUICIDE Man Rescues Blnffton Woman, Who Leaped Into River. By United Press BLUFFTON, Ind., Feb. 14.—Mrs. William Morris, 35, changed her mind about suicide after jumping off the Main St. bridge into the Wabash River here early today. Her cries for help attracted the attention of Kenneth Frauhiger, who also dived from the bridge and rescued her. Mrs. Morris was taken to the county jail for care, where she explained that despondency over domestic troubles had caused her act.

in town” for the honest young man who believes not in wasting several stanzas of getting to the point of saying “I love you.” Gone are days when sentiment was everything. The modem idea of efficiency has devised a way of combining sweet love messages with a strictly practical little remembrance. Many of these utility valentines are partly composed of candy “all day suckers” or chewing gum, cleverly combined with a verse similar to this: "Ain’t no use ’spermintin. Save your time and mine, For ah is your little blackjack. And you ia my valentine." Does the message “You make

GRAIN FUTURES SENT HIGHER IN CHICAGO MART Technical Factors in Pits Prompt Bullish Turn in Opening. By United Press CHICAGO, Feb. 14.—A combination of bullish factors struck the corn market on the Chicago Board of Trade today and boosted all futures sharply. Other grains followed the advanc in sympathy. Late in the day corn was over lc higher. Wheat and oats had advanced a fair fraction. Unfavorable belt weather, with heavy rains, cut corn receipts here today down to 410 cars less than half the amount expected. This news sent speculators scurrying to buy, and the market developed into one of the most active sessions for months. Shartly after mid-session a few holders began to take profits, which loosened offerings somewhat and furnished about the only steadying Influence. Wheat was fairly active, higher Liverpool cables and reflected strength from com, giving the market an upward trend. Oats showed some signs of strength, commissione houses buying steadily. Still, however, the main bullish factor was reflected strength from com. Provisions worked sharply higher. Chicago Grain Table —Feb. 14— WHEAT— Prev. High. Low. 12:00 close March 1.31% 130% 1.31 1.30% May 1.31% 1.30% 1.30% 1.30% July 1.28% 1.27% 1.28 1.273a CORN— March 94% .93% .94 .93 May 97% .96% .97% .96 July :99% .97% .99 .97% OATSMarch 55% .55 .55% .55 May .56 .55% .55% .55% July 52% .52% .52% .52% RYE— March 1 09% 1.09% 109% 109% May 1.10 1.09% 1.10 1.093a July 1.04% 104 1.04% 1.04% LARD— March 11.17 11.17 11.17 11.10 May 11.50 11.35 11.50 11.35 July 11 75 11.62 11.75 11.62 RIBS— May 10.90 July 11.20 .... 11.20 11.12 By Time * Special CHICAGO. Feb. 14.—Wheat. 18; corn, 147; oats. 64; rye, 3. CITY MAY GET OFFICES OF DISCIPLES OF CHRIST Location for Executive Board Headquarters Opened. Indianapolis, center of interest of the Disciples of Christ this week, due to meetings of the various church organizations, may become headquarters for the executive board of the church. Decision in this matter is expected to be reached at the board meeting at the Severin, Wednesday. Christian educators opened the series of conferences at the Severin, Monday. The board meeting Wednesday will be followed on Thursday and Friday by a meeting of the commission on the ministry. Trustees of the College of Missions and the Women's Board of Missions have offered the executive board a ninety-nine year lease on the College of Missions building at Irvington as headquarters. JANUARY FAVORABLE TRADE IS IMPROVED Balance of Last Month Exceeds Figures of January, 1927. By United Press WASHINGTON, Feb. 14.—Export and import figures of the Commerce Department issued today for January showed the United States had a $73,000,000 favorable trade balance last month, compared to a $62,500,000 favorable balance in January, 1927. January, 1928. exports totaled $411,000,000 compared to January, 1927 exports of $419,492,000: while January, 1928, imports totalled $338,000,000, compared to January, 1927, imports of $356,841,000. January, 1928, gold exports were $52,086,000 and imports, $38,320,000, as compared to January, 1927, export of $14,890,000 and January, 1927, imports of $59,355,000. FALLS FROM AUTO; HURT Gus Haig in Hospital, Suffering Concussion of Brain. Falling from the auto in which he was riding with William O. Daniels, 3461 Graceland Ave., at Fifteenth and Illinois Sts., Gus Haig, 38, of 5654 Carrollton Ave., received concussion of the brain and taken to city hospital in a serious condition today. The Daniels car collided with the machine of Louis French, 4409 N. Meridian St., driven by Chauffeur Harry Grundy. Police blamed wet streets for the accident. Sixty-One Smallpox Cases By Times Special EVANSVILLE, Ind., Feb. 14. Three new cases of smallpox have brought the total here to sixty-one since Jan. 1. Health board authorities say this is the largest number in the city’s history for a like period of time.

me feel Wrigley all over” give the modern girl the same thrill grandmother received from her behearted missive? With each chew on the gum, perhaps the girl of 1928 has a tender thought for her devoted boy friend.

T ET no one say that institutions of higher education have had no effect on the youth of today. Some of the most popular St. Valentine’s greetings are caricaturing the modern college man and maid, the man with ultra collegiate slickers with decorations of “You’re my hot mama”

Russian “Princess” Arrives

.. . „ <NEA Service, New York Bureau) Close hidden between two friends, Mme. Anastasia Tchaikovsky (arrow), who claims to be the youngest daughter and only surviving member of the family of the late Czar Nicholas of Russia, descends the gangplank of the S. S. Berengaria at New York. Her much discussed American visit is being made at the Oyster Bay, Long Island, home of Mrs. William B. Leeds, the former Princess Xenia.

HOME COST IS LOW Realtors Find City Conditions Rank Favorably. Indianapolis home owners get more for their money and have far better living condition than those of eastern cities. This was the unanimous opinion of a committee from the Indianapolis Real Estate Board, headed by M. M. Miller, chairman of the Realtor’s Home Show committee, who returned today from inspecting expositions at Philadelphia and New York. “Indianapolis builders are able to give the home owner better construction and better materials for less cost than the eastern contractor,” Miller said. “Home sites generally throughout the East are not nearly so spacious as in Indianapolis. The ordinary building lot in Brooklyn, N .Y., for instance, is only 20 by 90 feet as .compared to a minimum frontage of 42 feet frontage here.” The committee made the eastern trip to secure new ideas for the Home Show to be held at the fairgrounds. April 7-14. ‘BUM CHECK BROKER’ IS GIVEN -FARM’ SENTENCE Jess Price Fined $1 and Costs In Addition to Fifteen Days. Jess Price, 46, of the Craig Hotel, was fined $1 and costs and sentenced to fifteen days at the Indiana State Farm today by Municipal Judge Paul C. Wetter for being a “bum check broker.” Price had cashed a S2O check with Morris Levi, 331 E. Washington St. The cheek bore the signature of Irving Thomas and was made out to Joe Smith. Price told the judge that he had obtained it from Harry Wilson, whom he “met on the street.” He offered to cash it for Wilson and give the latter $lO. Levi gave Price $13.50 on the check and told him to come back later and get the remainder. Price made $3.50 and never returned. But the check did.

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: John O'Brien, 1141 N. Meridian St., Ford, 46-034, from Capitol Ave. and Market St. James A. Moag, 4453 Central Ave., Chevrolet, 6-673, from 50 E. Ohio St. George Klinger, 123 W. Walnut St., Ford, 626-146, from Fifteenth and Lewis Sts. Edward J. Schoonover, 563 Highland Dr., Ford, 564, from Michigan St., and New Jersey St. CINCINNATI RABBI IN TALK HERE ON LINCOLN Baal-Shcm, Jewish Mystic, Compared to Emancipator. Abraham Lincoln represented in his human fellowship and sympathy, compassion and tolerance, the noblest exemplification of the Jewish mysticism, Rabbi Victor Emanual Reichert, assistant rabbi of the Rockdale Ave. temple of Cincinnati, declared Monday night at Kirshbaum Community Center. “Baal-Shem, exponent of Jewish mysticism, fittingly can be compared to Lincoln in many ways. Both had the finest understanding of the heart and both exemplified the beautiful spirit of prayer. “They did not look upon prayer in the ‘gimme’ spirit as we see it today. They looked upon prayer as a sort of cleaving to God.” Marriage Licenses Joseph O. Hank. 25. Shelbyville. cook, and Mary Bess Conn. 142 W. Fourteenth. Claude L. Storey. 26. Sullivan, and Evelyn McClure. 19, 627 N. Pennsylvania. D. A. Dcnness, 22. of 11 N. Sterling, engineer. and Margaret M. Ressler, 22, 318 E. North, bookkeeper. Joseph B. Quigley. 21, 3734 N. Capitol, mill worker, and Catherine L. Nurse, 21, 220 W. Geisendorff, telephone employe. James Gross, 47, of 450 Blake 6t., laborer, and Lizzie Cohn, 45, housekeeper, same address.

or “Here’s to the Spirits of 1928” and the, maid with a mop of curly hair, instead of a soft braid, a brief skirt instead of the hoops of yesterday and a cigaret case in her hand instead of book of “Love Lyrics.” There is a hint that perhaps the pendulum will swing back to pastel shades, lace effects and gentle messages of love. Some of the shops have old-fashioned Valentines in the very high priced stock. Maybe next year, jazz will have gone from the average love messages on the old saint’s birthday and once again real romance will rate with your modem youth.

- A l Eats By Times Special MT. CARMEL, 111., Feb. 14. It’s a long time between meals for Albert Brown, but when he gets his feet under the table and somebody else la willing to pay for the food, his capacity is something marvelous. Brown walked into a restaurant and announced that he had no money albeit an overwhelming appetite. Two patrons agreed to pay for all he could eat. Albert needed no second invitation, and here is what he ate: Seventeen hamburgers, nine cups of coffee, seven slices of bacon, two pints of milk, three oyster stews, six jelly rolls, two cans of pork and beans and six glasses of water.

BUS HEARING SLATED Schaub Petition Seeks Lower Fare. Chairman F. T. Singleton will preside at the public service commission Wednesday on petition of Joseph H. Schaub Jr., asking a reduction of the Peoples Motor Coach Company fares. Commissioner Howell Ellis, to whom the case has been assigned, is ill. The present bus fare is 10 cents Schaub, as a patron of the bus line, asked a reduction on the grounds that the income figures for the bus company, cited by the Indianapolis Street Railway Company in its action to buy the bus lines, show the bus company is making too much money. Births Girl* Joseph and Therisa Teipen, 2539 Union. Raymond and Elenora Oyier. 428 N. Bradlcv. James and Edith Hinton, 1608 Columbia. Robert and Alice Hill, city hospital. Ervin and Katherine Endsley. 441 N. Bradley. George and Isabelle White, 2161 N. Pennsylvania. Arthur and Nellie Zoeller, 2926 N. Gale Lewis and Elma Hoyt, 6363 Bellefontaine. Boys Carl and Bertha Jones. 1130 N. Keystone. Ernest and Dorothy Zelner, 334 E. Minnesota. Henry and Mary Pierce, city hospital. Sherman and Hilda Watkins, city hospital. Jeff and Henrietta Phillips, city hospital. John and Evelyn Heckel, 151 W. Fortyninth. Clifford and Marie Stone, 1923 8. Pershing. Esta and May Young. 334 S. Emerson. Arthur and Constance Black. Mhodist Hospital. Ray and Florence Tipton. 1525 8. New Jersey. Joseph and Alma Hall. 2222 Sherman Drive. Raymond and Rachel Watson, 2009 W. Wilcox. Wendell and Mary Meyers. 3502 E. Morris. Deaths Mary Hobbs. 5 months, city hospital, broncho pneumonia. Frank Purvis, 75, city hospital, hypostatic pneumonia. Alexanderine Crenar, 60. 520 E. Vermont, chronic myocarditis. Sarah O’Brien, 65, 520 E. Vermont, chronic colitis. Infant O'Neil, 4 days, city hospital, premature birth. Samuel O. Smart, 63, 5822 E. New York, chronic nephritis. Ella Courter, 69, Christian Hospital, carcinoma. Grace Powell. 49, St, Vincent Hospital, acute dilatation of heart. Esther Arvilla Bayless, 49. 450% E. Washington, cardinoma. Anna Elliott, 39. Methodist Hospital, mitral stenosis. Charles Tate. 58. 253 N. Miley, erysipelas. Harry A. Barnes. 36, St. Vincent Hospital, ulcers of stomach. Joseph A. Kriech. 29, 1354 ÜBlon. pulmonary tuberculosis. Frank Burkman, 55, city hospital, chronic myocarditis. Arthur John Adams. 2 months. 2044 N. Illinois, gastro enteritis. Dannie Rose, 24, 535 Agnes, pulmonary tuberculosis. John J. Cummins, 72. city hospital, carcinoma. Ellen Marlnee. 71, 331 8. Walcott, cerebral hemorrhage. Louella C. Penrod, 5 months, 1023 N. Oakland, cerebral hemorrhage. Anna E. Morris. 50. 2034 Bellefontaine, cerebral apoplexy. &axter De Shaffer. 27, 815 W. Walnut, lobar pneumonia. Henrietta Ross. 15. 535 Agnes, pulmonary tuberculosis. Edna Gibbs Gregoirc. 37. Methodist Hospital. endocarditis. George N. Cash. 86, 3431 Broadway, arterlosclerosif. _ Corndelia Ann Neal, 61. 123 N. Traub, myocarditis. . . Clarence O. Baden, 27, 701 Gladstone, chronic nephritis. , _ Francis M .Ruffin. 29. St. Vincent’s Hospital, general peritonitis. Harold Bartholomew, 15, city hospital, tuberculosis peritonitis. _ _ Annetta Good. 19. 1029 S. Harding, Dorohty May Reeves, 8 months, 601 Wisconsin, acute gastro enteritis. Edward B. Drischel. 26. Methodist Hospital, general septicaemia. Charlitte Clark Hurst. 25, 5201 Grandview Dr., acute myocarditis. Max Goldring, 65, city hospital, chronic myocarditis. _ Jane Silcox. 20, 508 S. Drover, pulmonary tuberculosis. . _ Mary Stuck, 62, 1117 Beecher, myocarditis. Tunis V. Schenck, 81, 29 S. Davidson, uremia. Alice Vandercook. 72, Methodist Hospital, hypostatic pneumonta. Ora May Burns, 59, 1025 W. Thirtieth, pulmonary tuberculosis. Mary Poland. 71. Central Indiana Hospital, hypostatic pneumonia. Elizabeth Clements, 72. 855 W. New York, cerebral hemorrhage. Samuel Payne, 74, Long Hospital, chronic myocarditis. George W. Sailors, 83, 1209 Uolk, cirrhosis of liver. Mary Meredith, 53, 1226 S. West, lobar pneumonia. Infant De Julio, 15 minutes, 4001 E. Washington, premature birth. Homer Cobb, 45, Eagle Creek, drowning. Clara Irene Slsloff, 58, 1631 Bellefontaine. carcinoma. Jean Paul Johnson ,16, 316$ N. Capitol, mitral steLosla.

FEB. 14, 1928^

WURLO SUICIDE HELU FRUIT UF ANOTHER WAR Pastor at Connersville Gives View of Future Conflict. By United Press CONNERSVILLE, Ind., Feb. 14. A war in the next decade of equal magnitude with the war of ten years ago, would result in suicide to the entire world. Dr. J. S. Ward, pastor of the First M. E. Church,, declared here today. “It is of interest to note the terrile destruction made possible by new inventions for wholesale slaughter and devastation,” he said. “It is enough to remark that inventive genius in the discovery of destructive agencies has so far over-reached itself, that world conflict on the scale of 1914-1918 would be world suicidal. “If men and women in 1904 had been able to realize what they now know about war, they would never have permitted it. I sincerely hope our foresight will be clear enough to forestall the resort to arms to settle future disagreements.” Dr. Ward, in concluding, said there are the following four methods of preventing future wars: “First, teach our children that the best type of heroism is the heroism of peace and not war. Second, teach them that real patriotism is not the beating of drums nor marching soldiers with flashing swords and roaring guns. Third, teach them that the war department is to be thought of as we think of other departments of the nation; that they are only protectors of society; our jails are necessary but they are not show places. Fourth, teach them that schools and churches are the true fortifications against a national enemy." INDIANA TUBERCULOSIS MEETING TO BE AT GARY Representatives From All Counties Will Convene Wednesday. Ry United Press GARY, Ind., Feb. 14.—Progress of the twenty-year battle in Indiana and the United States to control j tuberculosis will be reviewed at the • seventeenth annual conference of . the Indiana Tuberculosis Association here Wednesday and Thursday. Dr. H. E. Kleinschmidt, supervisor of medical service of the National Tuberculosis Association, and Dr. ‘ Esmond R. Long, University of Chicago lecturer and research authority, will make the principal address at a banquet at the Hotel Gary Wednesday evening. Representatives from all the ninety-two county associations in Indiana will attend the sessions. Dr. Harold S. Hatch, Indianapolis, . Sunnyside Sanitarium superintendent, will speak before the medical section of the conference Thursday on, “Post-Sanitarium Supervision.” CIVIC PROGRESS SEEN Senate Candidate Says More Spare Time Means Advance. By Times Special NEW PALESTINE, Ind., Feb. 14. “The interests of a community are becoming more personal to the members of the community as time is afforded to the boys and girls, as well as to their fathers and mothers, fairs,” said Albert Stump, Demofor participation in community afcratic candidate for United States Senator ,in an address last night to the New Palestine Parent-Teach-er Association. “It requires less of time for people to supply the physical needs of their life than it did in the past. That extra time will be the margin upon which a more splendid civilization will ultimately be based. The recognition of the unity of the interests of a community is the first thing necessary for the advancement of that community. When all begin to feel that in the advancement of all is to be found the improvement of the well-being of each, a spirit of cooperation which creates a finer neighborhood atmosphere promptly results.” Mother, 17, Fights Divorce By Times Special FT. WAYNE, Ind., Feb. 14.—Mrs. Dorothy Howard, 17, mother of a baby born on New Year’s day, is fighting here to prevent awarding of a divorce to John Howard, 21. He alleges she shunned work at the home of his mother, where the young couple made their home; that his mother arose at 5:30 in the morning, but his wife remained in bed until 7.

GS !

'Middle "West Utilities Company Notice of Dividend on Prior Lien Stock The Board of Directors of Middle West Utilities Company has declared a quarterly dividend of Two Dollars ($2.00) upon each share of the outstanding Prior Lien Stock, having a par value of sioo a share, and One Dollar and Fifty Cents ($1.50) upon each share of the outstanding $6 Cumulative Non Par Prior Lien Stock, payable March 15, 1028, to the holders of suen Prior Lien Stock, respectively, of record on the Company’s books at the close of business at 5:00 o’clock P. M., February 29, 1928. EUSTACE J. KNIGHT. Secretary.