Indianapolis Times, Volume 39, Number 241, Indianapolis, Marion County, 15 February 1928 — Page 14

PAGE 14

STOCKS DOWN FRACTIONALLY IN USTTODAY Traders Look to Brokerage Loan Statement Expected Thursday.

Average Stock Prices

Average of twenty Industrials Tuesday was 197.93. off 1.23. Average of twenty rails was 134.46. off .45. Average of forty bonds was 99.45, up .05. By United Press NEW YORK, Feb. 15.—Stock market traders looked ahead to the brokerage loan statement to be published after the close Thursday and most prices at the opening were fractionally lower. United States Steel stood out in the first hour as a leader on the upside. The issue opened with a loss of V\ at 144 Vs, but quickly advanced fractionally. General Motors eased slightly from its opening of 13614, off 14. Rubber issues confined under pressure with United States Rubber off % at 51%. Ajax sold off % at 1014. Goodrich was off 114 at 86. One sale of Ajax involved ten thousand shares. Others Lose Freeport Texas dropped 2ls to 82, while International Nickel, Anaconda, Chrysler, Armour A and a long list of others showed losses. Transue Williams was down 114 at 5414. Houston Oil moved against the trend, rising 314 to 137%. Montgomery Ward ruled strong, as did Lehn & Fink, and Montana Power.Describing the market, the Wall Street Journal’s financial review today said: “The market opened heavy with a few weak spots. Even the special issues that have been strong of late were lower. Rails were still neglected.” There is good buying developing in Montana Power, General Motors was lower but firm. Irregular at Noon Marked irregularity was prevalent around noon. Losses outnumbered gains, although there were several substantial advances in various sections of the list. Trading continued on a quiet scale. National Surety featured the late' morning trading with a rise of 1714 points. City Stores was also in demand gaining 2% to 87%. PanAmerican Oil was under pressure declining to new low point for the year. Steel reviews were less favorable, but United States Steel common maintained a steady tone.

Banks and Exchange

/ treasury statement By United I’rcss WASHINGTON. Feb. 15.—The Treasury net balance for Feb. 13 was $77,049,977.64. Customs receipts this month to Feb. 13 were $20,(21.730.95.

In the Stock Market

NEW YORK, Feb. 16—What was the matter with the stock market Tuesday afternoon? There 'was nothing new during the day. Any one keeping up with the news from day to day knew as far back as last Saturday that money would likely harden on Tuesday because of a poor bank statement. There was nothing new in the publication of the reserve board, nor was there anything new in regard to business. The most fit description of business is that it is still spotted, but showing a tendency toward improvement, with steel making the best come back, and strange to say United States steel is one of the stocks that is hard to bull and keeps very close to the low price of the year. In this respect it has lots of distinguished company. Every day, of course, we have a few new issues that are in the limelight, but these constitute a modest percentage of the stock list. The large percentage shows the effort of wide distribution that has proceeded to a point where it is just a dead weight and such a condition ultimately results in a sharp decline.

TEACHERS ENTERTAINED Federation Gives Dinner Dance for 350. The Federation of Public School Teachers entertained 350 city teachers Tuesday night at a dinner, dance and card party at the Claypool. Miss Emily McAdams, president, was toastmistress. Musical entertainment was furnished by Miss Catherine Clifford, violinist; Miss Georgia Lacey, harpist, and the Ernest Hesser double quartet. Miss Madge Temperly, chairman; Mrs. Mary Hall, Mrs. Viva Martin, Mrs. Edith Hutchinson, Miss Irene Healey and Miss Helen Haynes were in charge. REICHSTAG END NEAR Unable to Agree on Educational Reform Bill; Elections in May. tty United Press BERLIN, Feb. 15.—Dissolution of the Reichstag within two or three weeks, with general elections early in May, became a certainty today alter a conference of party leaders announced abandonment of efforts to agree regarding the educational jeform bill. Collapse of negotiations over the educational bill seemed to doom the present coalition government, which may stay, in accordance with President Von Hindenburg’s wishes, after the dissolution of the Reichstag. Stocking Traffic Crash By Times Special FT. WAYNE, Ind., Feb. s.—Mrs. Amelia Duda is suffering from slight injuries received when struck by an automobile after she stopped in the middle of traffic on a streeet here to pull up a stocking.

New York Stocks (By Thomson & McKinnon)

—r>b. 15— Prev. Railroads— High. Low. 12:00. close. Atchison 1851-2 ... 184% 182 Atl Coast Line.. 177 ... 177 177 Balt & Ohio ...110% ... 110% 111 Canadian Pac ..202% ... 202% 202% Chesa & Ohio ..192 191% 192 194 Chi & Alton 5% Chi & N West.. 81 ... 80% 82 Chi Grt West.. 10% ... 1014 10% C R I & P 108 Vs ... 108 108% Del & Hudson ..165 ... 165 165 Del & Lacka ...130V2 ... 130% 131 Erie 52 51% 51% 52 Erie Ist pfd 56% Grt Nor pfd 94% ... 94% 95 111 Central 135% ... 135% 136 Lehigh Valley 86% Kan City South 55% 55% 55% 55% Lou & Nash 148% MK & T 35*% 35% 35% 35% Mo Pac "pfd 108% 108 108% 108 Vs N Y Central -....157 156% 156V* 157 N Y C & St L 132% NY NH & H.... 63% 61% 61V. 63 Nor Pacific _ 95% Norfolk & West 182 ... 182 982 Pere Marquette .126% ... 126% i_S% Pennsylvania ... 63*4 ... 63% 63% P & W Va 128 % Reading 97% ... 97% 97% Southern Ry ..142’% ... 142*% 143% Southern Pac ..119% ... 119% 119% St Paul I*% ... 16 16% St Paul pfd ... 30% ... 30% 30% St L & S W 71% St L & S F....111% 111 111% 112 Texas & Pac ... 118 Union Pacific... .193 ... 193 193 West Maryland.. 36% ... 35% 36% Wabash 55 ... 55 56 Wabash pfd 90 Rubbers Alax 11 10 12 11 Fisk 15% ... 15% 15% Goodrich 87 85% 85% 87% Goodyear 65 63% 64 65 Kelly-Spgfld.... 20% 19 Vi 19% 20% Lee ... ... 18% United States .. 52 50V4 50% 52'A Equipments— Am Car & Fdy.107% 107 107% 107% Am Locomotive 109% ... 108 109'.. Am Steel Fd 60% 60% 60% 60% Baldwin Loco ..250 ... 249 243 General Elec ..129% ... 129 129% Gen Ry Signal 110% 108 108% 110% Lima Loco 58 N Y Airbrake... 47 46% 47 47 Pressed Stl Car. .. y. ... 24% Pullman 83 . 82% 83 Westingh Air B 53% 52% 52% 52% Westlngh Elec.. 96% ... 95% 96% Steels— Bethlehem 60% ... 59% 59% Colorado Fuel .. 77% ... 76% 78% Crucible ... 87% Gulf States Stl.. 55 ..s 55 55 Inland Steel 57% Phil R C <fc 1... 34% 33 33% 32% Rep Iron & Stl. 63Vs ... 63Vs 64Vi Sloss-Sheff 131 U S Steel 144% 143% 143% 144% Alloy 30% 30% 30% 30% Youngstwn 'Stl.. 97% ... 97% 98% Vanadium Corp. 82 % 81% 82 81% Motors— Am Bosch Mag. 17 ... 17 17 Chandler 15% Chrysler Corp... 59% 58% 58% 59% ContKMotors ... 10% ... 10% 10% Dodge Bros .... 19% 19% 19% 19% Gabriel Snbbrs.. 2f% ... 21% 21% General Motors .137 135% 136 136% Hudson 83% 82% 82% 83% Hupp 37 % 37 37 37 Jordan 9% ... 9% 9% Mack Trucks ..100 % 99 Vs 100 100 Martin-Parry ... 13 ... 13 13% Moon 6% ... 6% 6 Motor Wheel 26 Nash 85% 85% 85% 86 Packard 59 ... 58% 59% Peerless 17% ... 17% 17% Pierce Arrow .. 12% ... 12 12% Studebaker Cor. 64% 63% 64 64% Stew Warner ... 81 Vs ... 80% 81% Stromberg Cart 50 Timken Bear ...121% 120 120% 122% Willys-Overland. 18% ... 18% 18% Yellow Coach .. 31% ... 30% 31 White Motor ... 31% 31% 31% 31% Mining— „ Am Smlt & Rfg..l79'A 178% 179 179 Anaconda Cop .. 58% 57% 58 58% Calumet & Ariz.lo2% ... 102% 101 Cerro de Pasco. 65% ... 65% 65 Chile Copper ... 40'/2 ... 40Vi 40% Greene Cn Cp.13%% 135 136 135% Insupiratlon Cop 20 ... 20 20 Int Nickel 92% 91'A 92 92 Kennecott Cop.. 84 ... 84 85 Magma Cop 50 Miami Copper ..19 ... 19 19 Texas Gulf Sul 71% 70% 71 71% U S Smelt 42 ... 42 42 Atlantic Rfg ...100% ... 100 100% Cal Petrol 24% 24% 24% 24% Freeport-Texas.. 83% 81 Vs 82% 84% Houston Oil ... 138 135 139 134% Indp Oil & Gas. 24% ... 24% 24% Marland Oil ... 34 33% 33% 34 Mid Cont Petrol 26'A ... 26% 26% Lago OH & Tr. 31% ... 31% 31% Pan-Am Pet B. 40% 38% 39 V* 40% Phillips Petrol.. 37% 36% 37 • 37 Pro & Rfgrs •. 211% Union of Cal - <3% Pure Oil 20% 20% 30% 30% Royal Dutch 46% Shell ... 24% Simms Petrol .. 19% ... 19 19% Sinclair Oil .... 18'A ... 18 18% Skelly Oil 25% ... 25% 26 Std. Oil Cal 53% ... 53% 54 4 Std OU N J ... 38% ... 36'A 38 4 Std Oil N Y ... 29% 29% 29% 29% Texgs Corp .... 51 % ... 51 51 % Traflscontl .... 7% ... 7% 7% White Eagle ... 21 % ... 21% ... Industrials— Adv Rumely ..... ... ... '4 Allis Chalmers 120% Allied Chemical 152% ... 151% 152% Armour A 14Vs 14% 14% 15 Amer Can 80 79% 79% 80% Am Hide Lea ... 12% ... 12% 12% Am H L pfd 58Vs Am Linseed .... 73% ... 72% 74 Am Safety Rax. 56% ... 56% 56% Am Ice 32% ... 32 32% Am Wool 34% 24 24'A 34% Coca Colt 135 ... 134% 135% Conti Can 90% 89% 90'% 90 _ Certalnteed 58%' Congoleum .... 25% 25 25% 25% Davison Chem.. 40% 40Vi 40% 40% Dupont 324 ... 324 328 Famous Players 116% 115% 116 115% Gen Asphalt ... 76% 75% 76% 76 Int Bus Mch .. 138% ... 137'A 137% Int Cm Engr... 51 ... 50'A 50% Int Paper 74% 73% 74 75% Int Harvester 236 Lambert 84 Loews 62 ... 61% 61% May Stores 81 Montgom Ward .146 144% 144% 144% Natl Lead 131% Pittsburgh Coal. 51% ... 51 % 50 Owens Bottle 76 Vi Radio Corp .... 91% ... 90% 92 Real Slik 25% Rem Rand .... 28Vi 28 28% 38Vi Sears Roebuck.. 89% ... 88% 89% Union Carbide ..139% 139 139% 138% United Drug ...197% 196% 197 199 Univ Pipe 23% ... 23Vi 24 U S Cs Ir Pipe 297 U S Indus Alco 113% ... 113% 114% Worthington Pu 28% Woolworth Cos ..181% 180% 180% 182 Utilities— Am Tel & Tel.. 178% ... 178% 178% Am Express 190 185 189 183 Am Wat Wks... 57% 57% 57% 57% Brklyn-Manh T. .. 58 Vi Col G& E 92% ... 91% 92'A Consol Gas 134% ... 134 135 Elec Pow & Lt.. 32% 32% 32% 32% Interboro 35% Nor Amer C 0... 61 60% 61 60% Man Elec Ry .. .. 43 Peoples Gas 180 PhHa Cos 183 Std Gas & E 1... 62% 61% 62 62 Utilities Power . 29% ... 29% 29% West Union Tel. 169 ... 169 169 Shipping— Am fntl Corp.. 80 ... 79% 80 Am Ship & Com .. ... ... 4% Atl Gulf & W 1.. 41 ... 40 41% Inti Mer M pld. .. 36% United Fruit ...137Vi ... 137% 137% Food*— ■ Am Sug Rfg.... 57% ... 57% 57 Am Beet Sugar 15% Austin Nichols ... 4% Beechnut Pkg 80 California Pkg .. 73% ... 73% 74% Com Products .. 67% ... 67% 67% Cuba Cane Su p 25% Cuban Am Sugar 20% ... 20% 20% Fielschmann Cos.. 70% 70% 70% 70% Jewel Tea 84 Jones Bros Tea.. 33% ... 33 34 Natl Biscuit 172% Punta Alegre ... 29% ... 29 30 Postum Cos ....123% ... 133% 123% Ward Baking B 26% ... 26% 26'A Tobaccos— Am Sumatra .. 58% 57% 58% 57'A Am Tobacco ....164% ... 164% 163 Am Tob B 164% ... 163% 164 Con Cigars 84% 82% 83% 82 General Cigar .. 70Vi ... 70% 70% Llg & Meyers 112 Vi Lorillard 37% ... 37% 37V4 R J Reynolds 152 Vs Tob Products 8.114% ... 112% 114 United Cigar St 32 ... 32 32% Schulte Ret Strs 51% ... 51% 52%

BAKER NOT CANDIDATE Decides He Can’t Let Loose of Hat for Governor’s Race. Frank P. Baker, Democrat, today announced he would not enter the gubernatorial race. Baker had not announced his candidacy, but was considered a likely aspirant for the Governor’s chair. “I have thought about it a great deal and decided I could not let loose of my hat,” Baker said. Baker conferred with city hall Democrats Tuesday. Laundry Driver in Court Floyd Banks, 28, of 2849 Station St., driver for the Crown Laundry and Dry Cleaning Company, 2901 E. Washington St., faced preliminary hearing in municipal court today to embezzlement charges. Banks, according to the story told police and prosecutors by officials of the company, took S3OO in various amounts during the last year.

VEALERS SHOW ONLY MOVE IN 50-CENT DROP Porkers Tuesday’s Best; Calf Top Is $17.50. —Hog Price Range— Feb. Bulk. Top. Receipts. 8. 8.40© 8.75 8.75 7 000 9 8.50© 8.85 8.85 5,500 10. 8.40© 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 5,500 15. 8.35® 8.75 8.75 10,000 The hog market generally was steady on the local live stock exchange today with the top at $8.75 on the hundredweight. About 10,000 animals were received and 292 held over. Vealers dropped back 50 cents, continuing the see-saw movement of the last few days. Cattle and sheep and lambs were steady. Bidding was around 5 cents lower in a slow opening at Chicago. The best early bid was $8.40. Receipts were estimated to be 25,000. Hog Price Range The only change from Tuesday's range was recorded in the 200-250 pound class selling at [email protected], up 5 cents on the top. Heavy meat animals. 250-300 pounds, were [email protected]. Lights, weighing 160-200 pounds, sold at $8.50 @8.75, and light lights, 130-160 pounds, were $8.®3.50. Pigs, 90-130 pounds, brought $6.50@8 and packing sows, [email protected]. Cattle were unchanged with 1,000 head in the pens. Beef steers brought $10.50® 14.50, and cows, s7@ 10. Low cutter and cutter cows were [email protected] and bulk stock and feeder steers went at $7.50® 9. Vealers Drop Best vealers sold at sl6® 17, with an extreme top of $17.50, 50 cents lower. Heavy calves were unchanged to [email protected]. Receipts were approximately S7OO. The steady tone also affected the sheep and lamb market with the top at sl6, quotable. Bulf fat lambs sold at [email protected] and bulk culls were $7.50® 11.50. Fat ewes were sd.so@ 9. About 200 animals were received. —Hog>— .Receipts, 10.000: market steady. 260-350 bs $8.06® 8.35 180-160 lbs B.oo© 8.50 90-130 lbs 6 50® 8.00 Packing sows 6.50© 7.25 —Cattle— Receipts. 1,000; market steady. Boef steers $10.50®14.50 Beef cows 7 00010.00 Low cutters and cutler cows.. 5.50® 6.75 Bulk Stocker and feeder steers. 7.50@ 9.00 —Calves— Receipts, 700; market lower. Best vealers $16.00 017 50 Heavy calves 6.50® 10.50 —Sheep and Lambs— Receipts, 200; market steady. Top fat lambs $16.00 Bulk fat lambs 14.50015.50 Bulk cull lambs 7.50®11 50 Fat ewes 6.50@ 9.00

Other Livestock By Times Special Fr P- 3 6 —Hogs—Receipts, 900; market 10c hfghei; 250 lbs. up. $B- - lbs.. $8.60; 130-175 lbs.. $7.80: 136 lbs. down. $6.25; roughs, $6.45: stags. $5.70. Cattle—Receipts, 200; market steady; calves, receipts 200; market steady; good to choice, sl3©Ts: medium to good. sll© 13; outs. sll down. Sheep—Receipts. 50; market steady to lambs sl3® 13.50; seconds, $8010; sheep. s4®7. Tuesday's shipments: Cattle, 66; calves, 103; hogs, none, shep, none. Bu United Press TOLEDO, Feb. 15.—Hogs—Receipts, 300; market steady; heavies. [email protected]: mediums, $8.40 0 8.65: Yorkers. [email protected]; good pigs. s7® 7.50. Cattle—Receipts, light: market 25c down. Calves—Receipts, light; market 50c up. Sheep and lambs— Receipts, light; market strong. Bu United Press FT. WAYNE, Ind., Feb. 15.—Hogs—Receipts. 400: market, steady; 180-200 lbs.. $8.40; 200-225 lbs., $8.35; 225-275 lbs.. $8.20; 275-350 lbs , $8; 140-160 lbs„ $8; 110-140 lbs.. $7.35; 90-110 lbs.. $6.75; roughs. s6© 7: stags. $405. Calves—Receipts, 50; market. $16.50 down. Sheep—Receipts, 75; market, lambs sls down. Births Boys Porder and Mary Rogers, 527 Virg'nia. Myron and Irma Mackey. 1221 N. Eying. Edgar and Lyda Henn. 52 S. Holmes. Paul and Mae Hammond, 1116 N. Delaware. Herbert and Georgia Buell, Methodist Hospital. „ Eric and Florence Geertz, Methodist Hospital. Hubert and Mildred Hutchinson, Methodist Hospital. Herbert and Fay Taylor, 1841 Orleans. Clifford and Dola Antrobus. 2227 6. Pennsylvania. Samuel and Opal Jacobs. 444 S. Arlington. .Howard and Leona Crossen, 1601% S. Meridian. William and Victoria Freiji, 5329 W. Morris. Addle and Lillian Taylor, 1441 W. Thir-ty-Fifth. Albert and Nettle Vaught, 1236 W. Thir-ty-First. Clinos and Mary Mankln, 351 W. ThirtySecond. lister and Edith Morris, 5360 Wlnthrop. Martin and Frona Alleman. 4322 Bertha. Girls Howard and Kathryn McCarty, 1716 E Tabor. Addison and Gaarnett Sanders, 3451 E. Twenty-Sixth. Carroll and Martha Gregg, Methodist Hospital. Ralph and Cora Brooks, Methodist Hospital. Harry and Ethyl Wood, Methodist Hospital. James and Ida Fitzpatrick, 1247 S. Pershing. Joseph and Lydia Powell, 2248 Daisy. Joseph and Marlon Smith. 3032 E Washington. Ernest and Bessie Dobbs, 441 S. Arlington. Everett and Nanna Crittenden, 1028 N. Holmes. Paul and Rose Love, 1803 Dexter. Floyd and Pearl Bohannan, 1109 N. King. Charles and Josephine Peak, 338 N. State. Charles and Blanche Bruner, 3316 W. Sixteenth. Hilton and Margaret Hodgson, Coleman Hospital. / Henry and Mabel '“Gulne. 1218 Orange. Frank and Bernice Brooks, 2415 Stuart. Arthur and Abble Embry. 1228 Finley. Timothy anad Helen Clayton, 1518 Asbury. Samuel and Mary Reed, 1412 E. Seventeenth. Deaths Mary Earl. 64, 1418 N. Belle Vieu PI., Bright’s disease. Charles Forsythe. 73, Long Hospital, broncho pneumonia. Samuel Butts, 79. 1730 Ruckle, cerebral hemorrhage. Eliza Dunn, 72, Long Hospital, erysipelas. Amy E. Wales. 81. Methodist Hospital, acute dilatation of heart. Lindsey Wilson. 57, State House, acute dilatation of heart. Anna Steinhllber, 69, 1814 Bellefontaine, Chronic myocarditis. Louise Armenta Flaskamp, 48, 2252 Langley. mitral regurgitation. Mary E. Lindsay, 75. 229 W. Twelfth, cerebral hemorrhage. Julia Gienn Stone, 25, 523 Agnes, pulmonary tuberculosis. Alonzo R. Dickerson, 75, Methodist Hospital, acute peritonitis. Gertrude M. Gibbs. 54, 113 E. North, parenchymatous nephritis. Margaret Ellen Cohee, 9 months, city hospital chronic mastoiditis. Mary Olinger, 91, 1365 S. Talbott, arte, rio-sclerosis.

Local Wagon Wheat

Local grain elevators are paying $1.39 for No. 2 red wheat. Other grades are purchased on their merits.

THE INDIANAPOLIS TIMES

Produce Market:;

Butter (wholesale price)—No. 1, 49® 50c; No. 2, 470 48c lb. Butterfat (buying price)—46c lb. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off, 24®2tic doz. Cheese (wholesale selling prices, per pound)—American loaf, 35®>38c; pimento loaf, 38 0 40c; brick loaf. 35@38c; Swiss No. 1, 42 044 c; imported Swiss, 52c; Wisconsin flat, mild and sharp, 32@34c; print cream, 38@40c; flat display. 28@30c; Longhorn, 28029 c; New York limberger. 42® 44c. Poultry (buying prices)—Hens, 21@22c; Leghorn hens, 16018 c; springs. No. 1 soft meated, 20 022 c; Leghorns. 13® 16c; staggy young springs. 13® 15c; roosters, 10@12c; Leghorn stags, 10®12c: capons, 3 lbs. and over, 30 0 32c; 7 to 8 lbs.. 29@30c; 6 to 7 lbs.. 25027 c; under 6 lbs. and slips, 22 025 c; ducks, 15®17c; geese, 13@14c.

THE CITY IN BRIEF

THURSDAY EVENTS Auto Show. State fairground, 10:30 a. m. to 10:30 p. m. Indiana Democratic Editorial Association meeting, Claypool. all day. Disciples of Christ Commission on the Ministry meeting, Severin, all day. Traffic Club luncheon. Severin. Advertising Club luncheon, SpinkArms. Real Estate Board luncheon. Chamber of Commerce. Engineering Society luncheon. Board of Trade. Loyal Knights of the Round Table luncheon, Lincoln. Caravan Club luncheon. Murat Temple. American Business Club luncheon, Columbia Club. Sigma Nu luncheon. Board of Trade. Sigma Chi luncheon. Chamber of Commerce. Primary Teachers* Council meeting. Children's Museum. 3:30 p. m. Retirement from active service with the United States Army of Technical, Sergt. Henry H. Warner was announced today. A second lieutenant during the war, Warner was commissioned a captain in the quartermaster reserve and has been on active duty as chief clerk of the Eighty-Fourth Division. Fred Leighton of the Chicago Indian trading post will lecture on "American Indian Handicraft” at the Orchard School, 610 E. FortySecond St., Thursday afternoon. Begay, a full-blooded Navajo Indian, will give Indian songs and dances. Missionaries and teachers are the leaders who are awakening China, Dr. Hehyi Hsieh, Chinese writer, declared here today on his way to address De Pauw University students. The new spirit in China has come only through the gospel of Christianity, he said. Frank McHale, State American Legion commander, told of the trip of Legion officials through Europe, following the Legion convention at Paris last year, at the meeting of the John H. Holiday Post, American Legion, at the First Presbyterian Church Tuesday night. Mrs. G. I. Seybert, State Legion auxiliary president, also spoke. Theodore F. Vonnegut and Charles W. Kern, school board members; Jacob H. Hilkene, superintendent of buildings and grounds, and his assistant, Carl W. Eurton, were in Chicago today, attending the power show. Fred Kepner, vice president of the school board, will address the Riverside Civic Association at 8 o’clock tonight at South Grove clubhouse. John W. Esterline, city manager leader, president of the EsterlineAngus Company, has denied any interest in the suit of one of his company’s employes for a receiver for the city of Indianapolis, in a letter to Garrett W. Olds, attorney for Roy E. Murphy, the employe. Charges of assault and battery with intent to kill and robbery against Charles Hall, 40, of 109 S. Liberty St. were reviewed by the Marion County grand jury today. Hall, on Jan. 31, attacked Alonzo Hart, 107 E. Morris St„ at 115 S. Liberty St. with a paving brick, police said, and after the attack took $5 from his victim. John M. Henry, 4060 Park Ave., today was named city structural engineer by the board of safety. Henry, a Democrat, succeeds T. D. Lee. who recently was promoted to assistant building commissoiner. Arthur J. Mertzke, director of education and research of the National Association of Real Estate Boards, will speak at the Real Estate Board luncheon at the Chamber of Commerce Thursday. His subject will be, “Some Erroneous Ideas About Property Value.” “City building* and business building are similar, both needing organization. selling ability and spirit,” Dick Miller, Chamber of Commerce president, said at a mass meeting of Teachers College of Indianapolis students Tuesday. He discussed accomplishments of the Chamber of Commerce. A voluntary bankruptcy petition was filed today In Federal Court by Charlotte Smith, Connersville dry cleaner, listing liabilities of $2,162 and assets of $987. State Secretary E. G. McCollum, of the Farmers’ Grain Dealers’ Association of Indiana, announced that the program has been completed for the annual convention at Logansport, Feb. 23-24. At a dinner at the Elks’ Club, Thursday night, Feb. 23, Frederick Landis, former Indiana Congressman, will speak. Mrs. Daisy Smith, 41, Negro, 227 W. Fifteenth St., died at city hospital today of injuries received Feb. 4 at Sixteenth St. and Senate Ave., when she was struck by a truck driven by Wade Haston, Negro, 1844 Boulevard PI. Haston was slated on a technical manslaughter charge and released on his own recognizance.

INSURANCE MEN MEET Stale Old Trails Auto Indemnity Agents Gather at Severin. Old Trails Automobile Insurance Association agents opened at State convention at the Severin. Secretary of State Frederick E. Schortemeier, State Insurance Commissioner Clarence C. Wysong, Homer McKee and officials of the company will speak at a dinner tonight. The session will close Thursday. American Telephone and Telegraph Company 154th Dividend ®The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on Monday, April 16, 1928, to stockholders of record at the close of business on March 15, 1928. H. BLAIR-SMITH, Treasurer,

CORN ADVANCE FALTERS IN PIT EARLYDEALING All Grains Open Unchanged to Lower; Yellow Cereal Loses in May. By United Press CHICAGO, Feb. 15.—The upward march of corn futures on the Chicago Board of Trade gave evidence of faltering today as all grains open unchanged to lower. Corn, instead of an expected advance, lost % cent on the May and remained unchanged on the other two futures. Wheat opened V* to % cent lower, and oats unchanged. Corn, however, is attracting the traders. There is a considerable bull contingent who are talking $1 corn, encouraged by the sale here Tuesday of No. 2 yellow cash com at that price. The Liverpool wheat market was weaker this morning and what little news there was in wheat seemed to point downward. Oats continues to be pretty well neglected. Provisions opened weak with negligible losses. $ Chicago Grain Table WHEAT— F<,b ' 15_ Prev. .. High. Low. 12:00. close. March 1.30% 1.30% 1.30% 1.30% May 1.30% 1.30 1.30% 1.30'A July 1.28 1.27% 1.27% 1.28 CORN— March 94% .93% .94 .94% May .97% .96% .97 .97% July 99% .98% .98% .98% OATS— March 54% 54% .55 May 5% .55% .55% .55% July 52 .51% .52 .52% RYE— March 1.09 1.08% 1.09 1.08% May 1.09% 1.08% 1.09% 1.0'" July 1.04% 1.04 1.04% 1.04% LARD— March 11.20 11.20 11.27 May 11.55 11.47 11.52 July 11.80 11.72 11.72 11.82 RIBS— May 10.90 10.90 10.90 July 11.12 11.12 11.20 By Times Special CHICAGO. Feb. 15 —Carlots: Wheat. 51; corn. 411; oats. 125; rye. 16.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Fancy barrel apples, seasonable varieties. $8.50®9; barrel apples. s7®B; fancy basket apples, seasonable varieties. $2.2503. 40 lbs.: choice box apples, seasonable varieties. $3.2504.75. Cranberries—s7.so quarter barrel. Grapefruit—Florida, $4 0 5.50 crate. Grapes—California Emperors. $6 keg; California Malagas, $8 per keg. Kumquats—Florida, 20c quart. Lemons -California. $8 a crate. Limes—, imalca. $3 per 100 Oranges—California navels. $405.50 crate: Florida. $4.750 6.50 crate. Pears—Washington D'Antous. $6.50 box. Washington D’AnJous, $6.50 per box. Strawberries—l'lorta, 85c quart. Tangerines—Florida. $3.7504.23 crate. VEGETABLES Artichokes—California. $1.75 dozen. Beans—Southern. $8 hamper. Beets—sl.2s bu. Brussels sprouts—3oc lb. Cabbage—H. G., l%@2c lb.; Texas. 4c lb.: red. 4c lb. Carrots—sl bu. Cauliflower—California. 202.25 crate. Celery—California. $6 per 8. 9 and 10doz crates; Florida. $3 per crate. Celery cabbage—sl.so doz. bunches. Cucumbers—lndiana hothouse, $3 lor box of 1 doz. Eggplant—H. G.. $2 doz. Endive—sl.so doz. bunches. Kale—s2.7s bbl. Leek—sflc bunch. Lettuce—Arizona, head. $4 per crate; hothouse, leaf. SI.BO. 15 lbs. Mushrooms—sl.7s, 3 lbs. Onions—Spanish. $2.7503 crate; Indiana yellow. $2.75 100-lb. bag; Indiana red. $2.50 cwt. Oysterplant—4sc doz. bunches. Parsley—6oc per doz bunches. Parsnips—sl.so bu. Peas—California telephone. $7 hamper. Peppers—Florida mangoes. $6.50 crate Potatoes—Michigan white. S3O 3.25. 150 lbs.; Minnesota Russets. $1.60 120 lbs.: Minnesota Red River Ohios. $2.50, 120 lbs.; Idahos, $2.75 cwt; Texas Triumphs. $3 per hamper. Radishes—Hothouse buttons. 75c dozen bunches. Rutabagas—Canadian. $1.75 per cwt. Shallots—soc doz. bunches. Spinach—Texas. $1.65 bu. Sweet Potatoes diums. $2 bu.: Indiana Jerseys, $3.50 bu.; Nancy Hall, $1.75 hamper. Tomatoes—California. $506, 6-basket crate; Cuban. $3.500 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. The Indian Lake Development Company was incorporated by three Indianapolis men to deal in real estate today. Capitalization is 1,000 shares of no par common stock and $75,000 worth of preferred stock. Incorporators were D. P. Oblinger, Ira A. Minnick and A. E. Krick.

©

In addition to total assets of more than $650,000,000, the interests of the 300,000 investors in securities of the Cities Service organization are safeguarded by a strong, central management committee of able business executives, eminent technical experts and experienced bankers.

HENRY L. DOHERTY & CO. T-215 "T 128 .Merchants llank lildg., Imlplx. Send me copy ot your dook serving a | Nation” and information about Cities . Service investment securities. I . Name ■ Address J v ci *- - !

Editor Slated as Speaker at Church Dinner

Earl Mushlitz

At the fellowship dinner of the Northwood Christian Church, Forty-Sixth St. and Central Ave., Thursday night Earl Mushlitz, assistant editor of the Indianapolis Star, will be the speaker. The music is in charge of Jesse E. White and Miss Ruby Winders. The Rev. C. H. Winders will preside. These programs are sponsored by the fellowship committee, of which M. M. Miller is chairman. Wallace O. Lee is chairman of the program committee. Next Thursday Charles N. Thompson, president of the Indiana Society of Pioneers, is to speak.

Indianapolis Stocks

—Feb. 15Bid. Ask. Amer Central Life ....550 Amer Cresoting Cos pfd ..104% Belt R R com 67% 69 Belt R R pfd 60 Cent Ind Power Cos pfd 97 99% Cities Service Cos com 55% ... Cities Service Cos pfd 95% ... Citizens Gas Cos com 56% 57% Citizens Gas Cos pfd 106% Commonwealth Loan Cos pfd..loo ... Equitable Securities Cos com Hook Drug com 30% ... Indiana Hotel com (Claypool). 125 ... Indiana Hotel pld 101% ... Indiana Service Corp pfd .... 89 Indianapolis Gas com 62 64 Indpls & Northwestern pfd ... 40 Inapis P & L 6%s pfd 106 107% Indpls P & L 7s 102 Indpls Pub Wei Ln Ass'n 47% ... Indianapolis 3t Ry pfd 30 35 Indpls water Cos pfd 104 Indpls Water Wks Sec Cos 105% ... Interstate P S pr lien pfd.... 105 Interstate P S 6s pfd 90 Merchants Pub Until pfd.. . 101 North Ind Pub Service pfd 102 104 Progress Laundry com 28% ... Raun Fertilizer pfd 5% T H I & E com 1 T H I & E pfd 14 17 T H Trac and Lt Cos pfd 93 97 Union Trac of Ind com % Union Trac of Ind Ist pfd 1 Union Trac of Int 2d pfd % Union Title Cos con 82 Van Camp Pack Cos pld 10 Van Camp Prod Ist p.'d 97% 100 Van Camp Prod 2d pld 100 Bonds Belt R R and Stockyards 45.. 92 Broad Ripple 5s 81 81% Central Indiana Gas 6s 98 Centra) Indiana Power Cos. 6s. .104 . . Central Indiana Power pld. . . . 96% Chi S Bend & N Ind 5s 17% ... Citizens Gas Cos 5s 105 Citizens St R R 5s 89 91 Gary St Kv 5s 91 Heme T & T ol Ft Wayne 6s. 103% ... Indiana Hotel 5s 101 ... Indiana Northern 2 ... Ind Rv and Lt 5s 87 Ind Service Corp 5s 97 Ind Union Trac 5s 4 Indpls Col A- South 6s 99% ... Indpls Gas Cos 5s 102 105 Indpls A: Martinsville 6s 65 Indpls Northern 5s 13 16% Indpls & Northwestern 5s .... 65 Indpls Power and Lt Cos 55..100% 102% Indpls St Rv 4s 67% 68 Indpls Trac and Term 5s .... 96% 97% Indpls Union Rv 5s 10#% ... Indpls Water 55% 104% 107 Indpls Water Ist 5s 100 Indpls Water 4%s 98 Indpls Water Wk Sec Cos 6s . 102% ... Interstate Pub S 6s 104 Interstate Pub S Bs 6%s ...105',;! ... N Ind Pub Serv Cos 5s 101 T H 1 & E 5s 75 T H Trac and Light 5s 95 Union Trac ol Ind Cs 12 17 *Ex-dlvldend. —Liberty Bonds— Liberty Loan Ist 3%s 101.50 101.70 Liberty Loan Ist 4%s 102.90 103.20 Liberty 1 Loan 3d 4% s 100.40 100.60 Liberty Loan 4th 4%s 103.60 103.80 U S Treasury 4%s 115.20 115.50 U S Treasury 4s 110.20 111.50 U S Treasury 3%S 107.20 107.50 U S Treasury 3%s 100.00 100.20 U S Treasury 3%s 102.40 102.70

If You Opened Your Safe Deposit Box Today, What Would You Find? STRONG, marketable, dividend-paying securities, or scraps of paper? -

Accumulating money is not enough in itself. It is equally important that one avoid dissipating money through speculative temptations. For every man who gets rich quickly, a thousand get rich surely and soundly by placing their funds in the strong securities of solidly established organizations which are rendering essential services to the public. It is possible to obtain an above-the-average return on your money and still surround it with every safeguard by placing it in the securities of the worldwide Cities Service organization. At the present pr ; ce of Cities Service common stock, your money will earn over 8%. HENRY L. DOHERTY & CO. 428 Merchants Bank Bldg., Indianapolis Branch Offices in Principal Cities. ,

Tipton Jail Breaker Held TIPTON, Ind., Feb. 15.—Howard Murray, who escaped from the county jail here a year ago while a prisoner on a “Peeping Tom” charge is in custody at Kokomo, police here have been advised.

TONIGHT IS Waltz Night AT THE INDIANA Ballroom

m II 13 <*lß Everything / Kiev in Motordont/ AUTO. BLDG. FAIR GROUND 1019 AM TO 1012 PM DAILY

The Indianapolis PURE FOOD and Household Appliance SHOW Feb. 27-March 3 CADLE TABERNACLE For Information Cali LI. 7801 LI. 8816

AMUSEMENTS

! ENGLISH’S I I r MAT. SAT. [ True to. its tempestuous title this passion'swept play is the cyclonic success of the season/ Nlt<**. 50r to $2.73; Milt. 50c to $2,2(1

Mon., Tues.. WecJ. Feb. 20, 21, 22 MATINEE WEDNESDAY iCSSIL 4r Ik JMZ SINGER, 3rd Year —Ist Time Here | Price*, Nite 50c lo $2.75 ’Pop. Mat. Wed 50c to $1.65 Seats Ready Thursday

Ona B. Talbot Fine Arts Enterprises Ml 9 HAT next SUN. IflunMl 3 O’CLOCK GALLIeuRci Siyi. Aft., Feb. 26th CHALIAPIN I SEATS NOW SELLING All Concerts | Ona B. Talbot, 916 Hume-Mansur I

"MUTUAL BURLESQUE THEATRE Girls From Happyland AND “TANZARA” Sec ’Em on the Runway

FEB. 15, 1928

AMUSEMENTS

KEITHS L

THE HOME OF KEITH-ALBKI VAUDEVILLE AND FINE FEATURE PHOTOPLAYS WILLIAM BOYD IN “THE NIGHT FLYER” THE THREE SWIFTS JUANITA & PACO | JACK LBE~ JED DOOLEY C. B. MADDOX PRESENTS “YESTERTHOUGHTS” CONTINUOUS 1 TO 11

America’s Greatest Blackface Comedians mcintyre & heath with Bud Williamson I Offer a New Act “Flying to Jail” Noodles Fagan Witt Miq OTHER BIG ACTS Doors Open 12:30 Vaudeville Starts 2, 4:20, 7, t:2O MOTION PICTURES

BINDIANAi NOW! “The Gorilla” Funniest Mystery Thriller Comedy Ever Screened SEE MULLIGAN & GARRITY The Two Dumb Dicks CHARLIE MURRAY and Great Cast On the Stage FRANK CAMBRIA’S “TREASURE SHIPS” A Treasure of Entertainment with CHARLIE DAVIS Indiana Band VAL & ERNIE STANTON BENNINGTON’S HARMONICA BOYS CARLO & NORMA FELICIA SOREL GIRLS

Mgs tht PlltßlQP

’‘‘Circle the show place of Indiana

QPJIM9 THE THRILL OF A LIFETIME! JAMES /T\ CRUZE’S I WITH I I ESTHER RALSTON. WALLACE I I BEERY, GEORGE BANCROFT, I I CHARLES FARRELL, JOHNNIE I WALKER

QHIQ v

NOW SHOWING Every one Is talking about It. Yet wo one can describe It. “METROPOLIS” No word can describe It. No nen can portray It. No eye cob lielievv. It. It must be seen. T.T.OYD HAMILTON COMEDY CONNIE BAND